davidaulloa/AmericanStories huggingface dataset:
Evening star., 1924-05-17
WALL STREET BRIEFS.
Ey the Associated Press

I'S 'uC -ANSp'ldleu tress
Members of the International com
mittec OF bankers on Mexico have let
II be known that they do not share
the fears of official circles in Wash
ingtou, as Indicated in recent dis
patches, that there will be COM
plete collapse of the Mexican debt
agreement. Even if Mexico is unable
TO meet the next interest payment, in
tercSted bankers have expressed the
opinion that the stoppage of pay
ments would be only temporary.
Retail sales of the Ford Motor Com
pany from January l To May 10 total
ed 751.12l units. cars and trucks.
showing d gain of 102,15S over the
same period a year ago. Sales of
were said to Indicate new record
for the month, exceeding the April
record of 211,410.
Net profit of A. G. Spaulding &
Bros. dropped to s77035 in the quar-
ter ended March 81, compared with
s3s3.19S in the first quarter of 1928.
Stock holders of the Crucible Steel
Company of America have been in
formed by H. S. Wilkinson. chairman
of the board of directors, that earn
ings in the eight months ended April
30 were above dividend requirements
creased to s24.359.774. Current aSSet is
were more than S2S,500. 600. against
current liabilities of sl,536,431. Tn
filled orders exceeded 10000 tons.
The regular quarterly IL per cent
preferred dividend was declared
Revised estimates by the National
Automobile Chamber of Commerce of
the motor vehicle output in April
placed the total at 35S, 500, instead
of 357 1000. which is 6 per cent below
the total for March. Production in
the first four months of the year was
1,424,120 cars and trucks. against
1888, 1913 in the same period of 1923
Placing of the Louisville and Nash
vile shares on Sc annual basis
has directed attention to the variety
of per cent railroad stock obtain
able on the stock exchange at strik-
lnEly divergent prices. Nick el
Plate" shares are selling around
76St, Southern Pacific, at S91 Z; Louis
vile and Nashville, at 931e, and
Atchison at 1.0312.
The Bethlehem Steel Corporation is
reducing working days from six to
rive weekly in its plants in the Bal
flmore district. but is not laying off
its men, of whom about 5000 are af-
fectcd, in all departments except the
tin plate mill, which is operating at
capacity.
So Net profit of the Ventura Consoli-
dated Oil fields fell to sl,OOl.623 in
1928 from s2,321 ,904 in 1922, equal to
S1.6S share on the capital stock.
against sS.a2 a share the year before.
Evening star., 1924-05-17
ARMOUR co. EARNINGS.
More Than Dividend Requirements
First Quarter 1924.

CHICAGO. May 17.-Armour &;
Co. during the first three months
of this year. usually the poor
est quarter, has earned more than its
dividend and depreciation require
Ynants and has handled an unusually
large volume of business. F.. Edison
white, president, declared in connec-
tion With action of the board of di-
rectors in declaring the rgular quar-
terIy fiividen of 1A per cent on the
s1sS 100 400 of per cent cumulative
preferred stock Of Armour & Co. Of
Illinois. Armour & Co. of Delaware.
and the North American Provision
Company.
Evening star., 1924-05-17
ROME EXCHANGE GLEEFUL
Excitement Over Rise of Italian
Consul Above Par.

ROME, May 17.-Great excitement
greeted the rise above par of Italian
consoIs on the Rome Stock Exchange
yesterday. The occasion was markeo
by enthusiastic cheering and cries OF
Viva Italia viva de Stefani' Con-
gratulatory messages announcing the
event were sent to Premier Musso-
Iini and Minister of Finance Alberto
de Stefani.
The rapid rise in consols is consid- /
cred a great achievement of the Fas-
cist governments financial policy and
as a reflection of the countrys IN
cressing confidence in security and
stability in the future. Con-
soils went as low as IS in 1919 and
were still under 80 at the beginning
of the present year.
Evening star., 1924-05-17
TITLE INSURANCE
GIVES VIEW OF BUSINESS
Otto Kahn Tells President Funda-
mentals Are Sound.

General business conditions were
declared to be fundamentally sound
by Otto Kahn, the New York banker,
during a conference yesterday with
President Coolidge.
Mr.. Kahn's conversation with the
President was mainly regarding do
nestle business conditions, although
the two exchanged in passing the
hope that the Dawes plan would be
adopted and bring about an ad-
justment of European difficulties. The
New oYrk banker reported that or
ders of future delivery had slowed
somewhat, but that manufacturers
were receiving a steady stream of
immediate delivery orders.
Evening star., 1924-05-17
BONUS VETO APPROVED.
Financiers Predict Presidents
Courage Will Win Him Support.

BALTIMORE May II Especially -
Consensus of opinion in the financial
district on the Presidents veto of the
soldiers bonus bill is to the effect
that the Chief Executive had shown
courage and that his action would
win him more votes than he would
lose.
have never taken kindly to the pro-
posal to pay ablebodied men who
served in the war bonus for per-
forming patriotic service. They be-
lieved that the proposal was born
of politics, and that politicians es-
poused it, because they believed it
would siren Sthen them with certain
voters regardless of the merits Of
the bill
Evening star., 1924-05-17
RHINE WINE TRADE HIT.
Spring Auction Postponed. Due to
Lack of Bidders

RUEDESHEIM, Germany. Nav IL
The Rhine wine trade suffered a blow
when the annual spring auction of
cholce bottled goods was postponed
owing TO a lack of bidders This was
the first time in the memory of wine
dealers that this has happened
When the auction opened there
were only a few prospective BUYERS
in attendance. All their offers were
below the minimum price set by the
auctioneers, so the sale was indefi-
nitely postponed. The failure of the
auction is attributed to scarcity of
ready cash among wine dealers and
the generally strained economic sit
uation.
Evening star., 1924-05-17
STEADY MARKETS NOTED.
Dun's Report, However, Cites
Price Declines and Limited Buying.

NEW YORK, May 17.-Duns today
says:
Adjustment of production is tend
ing to steady certain markets, and
some prices have stiffened because
of a better demand. Yet the main
condition is still one of limited buy
ing and declining prices, with most
of the tests by which business trends
are measured showing a contraction
of activity. Larger dealings and price
recovery in the hide trade, and to
some extent in leather, have come
only after a prolonged period of
quiet, while courtailment of output,
rather than increa sed transactions,
accounts for a firmer attitude among
sellers in some textile lines. The
restriction of manufacture has reach
ed the point in some industries where
pressure of spot offerings has been
iessened, but supplies of goods are
expected to be available as need ed
and nothing indicates an early change
from the policy of combining pur-
chases chiefly to actual requirements
Weekly bank clearings, S7.1os,-
$4,000,
Evening star., 1924-05-17
TREND OF PAST WEEK
MAINTAINED IN BONDS
Liberties Slightly Recede, Renewal
of Advance Probably Awaiting
Fate of Bonus Bill.
BY GEORGE IT. HUGHES.
Special Dispatc TO The Star.

Special Dispatch TO The Star
NEW YORK, May l7.-Bonds main
tanned in the two hours of trading
today the firm tone consistently dis
played throughout the week Buying
OF liberties slackened but prices fell
off very little from yesterdays highs.
Probably a renewal Of the advance
awaits action by Congress on the
veto of the bonus bill. There was.
however. today better inquiry for the
railroad bonds. such as Pennsylvania
general 4 IL s. Pere Marquette So. At
chlson As of 1905. Southern Railway
consolidated 5S and New York Cen
trail is. Some of these. it will be
observed. are just below the very
highest classification as, for instance,
the Pere Marquette and the AtchlSon
Issues.
Atchison Not MOrtSagc-Securcd.
The latter is not mortgage secured
and so sells to return a little more
than the general As Pere Marquette
are not legal investments except in a
few states. Other illustrations Of the
same sort of buying this week have
been the advances in Chesapeake and
Ohio general 4i2s, Rock Island gen
eral Is, Chicago Union Station IS and
in bonds of Il little lower grade, st.
LouiS-San Francisco prior lien AIS
and Southern Railway, Mobile and
Ohio A.
Outside the railroad list investment
bonds in demand were American Tele-
phone and Telegraph collateral trust
1s and dcbcnturc 5I2S and the first
mortgage bonds of electric light and
power companies.
The strength in the general market
was not impaired 10 speculative
bonds, This was plainly evident in the
railroad list all the week. In "A
general way, Missouri Pacific and
New Haven issues have been firm, but
S"aboard Air Line. Chicago and
Western and st. Paul bonds have been
heavy and weak. Baltimore and Ohio
and st. Louis and San Francisco obliga-
tions were little changed until today
when the Frisco income 6s showed
signs of activity on the buying side.
There was the same irregularIty in
the fractions.
Nervousness Subsidies.
In the foreign list the nervousness
over the result of the French election
as evidenced in the quotations on
French bonds seems TO have subSided.
Changes on the week are only frac-
tional either way. French Cities 6s
were higher TO-DAY. Investment buy
ipg was responsible for the fractional
advance in United Kingdom rs OF
1887. City of Copenhagen 5i=s, a
usually neglected foreign bond. made
a now high for the week today.
Testimony TO the abundant money
supply was given by the announce
ment that the First National Bank
OF New York, acting solely for itself
had taken u $4,000, 900 nine month
note issue of the state of North Caro-
lima on Il 3 g per cent basis, "a lower
figure than the United States gov
ernm ment has been able TO obtain since
the first 3i2 per cent liberty loan.
Evening star., 1924-05-17
COTTON MARKETS.

NEW YORK. May I7.-Renew
liquidation and scattered selling pro-
NOTED by good weather in the south.
also reports Of an easier spot basis
caused further declines in today's
early trading in the cotton market
The opening was easy at a decline
Of IL to 2S points, and active months
soon showed net losses of % to 34
points. May selling off to 30.S5 and
October to 24.S5. Trade interests
were moderate buyers. but there was
good deal of southern. local and
Wall street selling, and it seemed
that only the appearance of more
favorable weather conditions in the
south had been needed to revive opti-
mistic views of new crop prospects.
Liverpool was lower than due pri-
vate cables reporting a poor spot de-
mand and selling by importers.
NEW YORK May 17.-Cotton fu-
lures closed steady
Evening star., 1924-05-17
Markets at a Glance

NEW YORK-Stocks, easy: Ana
Conda and ConGoleum at new 1924
lows. Bonds. steady; Magma Copper
= weak Foreign exchange, irrcgu-
'ar: French francs decline Cotton.
declined; good weather. Sugar. high
'r: commission house buying. Coffee.
;irm; European buying.
CHTCAGO-Wheat steady: dry
weather southwest. Corn. quiet and
steady. Cattle. strong; some ella sSeS
highest OF season. Hogs, advanced;
good shipping demand.
Evening star., 1924-05-17
ON 5-DAY WEEK SCHEDULE.

READING, Pa. May 15.-Orders
were posted today in the locomotive
shops of the Reading Railroad Com
pany announcing that the various
departments will go on five-day a
week schedule. The curtailment is
indefinite, the notice says. The car
shops it was understood, are also
affected. The plant employees about
1000 men.
Evening star., 1924-05-17
Washington Stock Exchange,

SALES
Washington Rwy. Elec. pfd 10 at T3. =
al 73.
American Security and Trvst Company at
Continental Trust Co.-rO at s.. 10 at S.
} at 81.
AFTER CALL
National Mortgage and Investment pfd-
100 at sla.
Washington gas IS '33-sI 900 at Ioi7.
SOO az loli.. 5000 at 1915, 81 900 at
101 Is 500 l00i..
Mergenthaler Linotype--9 az 1873. I at 153.
Riggs Realty uongi 5s-.O0 at 30.
UNLISTED DEPARTMENT
District Title Insurance Col at lSS.
Washington Title Insurance Col al )
Evening star., 1924-05-17
1926. 900 Trust Issue o. K. d.

The Rutland Railroad Company was
authorized by the Interstate Com
merce Commission today to issue
sS25,O00 of equipment trust certifi-
Gates, to be sold at not less than
96.a6 per cent of par, the proceeds to
be used for purchase of equipment
Evening star., 1924-05-17

Mrs. Cora B. Williams, president of
the Georgia, Florida and Alabama
railroad, is the only woman, as far as
known, to become president of rail-
road company.
Evening star., 1924-05-17
FOREIGN EXCHANGE.
By the Associated Press.

BY the Associated Press.
NEW YORK, May 17.-Foreign ex-
changes irregular. Quotations Gin
United States dollars): Great Brit
ain, demand 1861; cables, 4.37; Co
day bills on banks, 4.34k. France, de-
demand, .0571; cables, .0512. Italy,
demand. .o4441a; cables. .0445. Bel
yitm, demand, .04S0: cables, .04S1.
Germany (per trillion). .23ss. Hol-
land, .3731. Norway, 1855. Sweden.
.2652. Denmark. 1854. Switzerland,
1873. Spain. 1886. Greece, .0202. PO-
iand. .oO000012. Czechoslovakia,
o2s6L Jugoslavia, .O12334. Austria,
.00eo141s Rumania, .0049$. Argen-
tina, SO. Brazil. 1895. TOXIC. 40t4
, Aontre cal, 9SA.
Evening star., 1924-05-17
Astx Yur Ranker,

How much real value stands back
of the stock you are asked to buy?
Are you sure that the nice, honest
looking stranger is telling you the
truth? Ask your banker to look into
what he claims.
Evening star., 1924-05-17

Miss Rose Savage. employed in the
United States bureau of navigation, is
the material readiness Of Uncle Sans
Warships.
Evening star., 1924-05-17

Open-hay, 3l.Ul; July. 800. Octoper'
"a 95; December. 24.2J: January 3 93.
NEW ORLEANS, May 1.-THE cot
ton market opened lower on poor
Liverpool cables, the English market
being affected by lack of spot demand
and better weather news. First trades
showed losses of TO Il points and
prices continued to ease off after the
opening call until July traded down
to 2S.32 and October 10 24.13. or %
to - points under the close of yes
terday. Private adTiceS indicated
good weather in the belt.
LIVERPOOL. May 11.-Cotton. spot
dull: prices easier: good middling,
1881: fully middling. 1885; middling,
1885; low middlng, 1851: good ordi-
nary, 15.51 ordinary, 1900. Sales.
1000 bales, including 1900 American.
Receipts. 1900 bales. including 100
American. Futures closed quiet; May.
17.22; July, 1881: October, 14.5S: De-
cember. 14.oe: January, 1929; March
1886.
NEW ORLEANS, May 17.-Cotton
futures closed steady at net decline
oF n
Evening star., 1924-05-17

fPartiy extra. Payable in preferred stock.
Dividend rates given in the above tzuIe
arc the annual cash payments based on the
latest quarterly or half yearly declarations.
Unless otherwise noted, extra or special
dividep pds not included.
Hugh. Low. Last.
Call Money 3a 8 3
HOURLY SALES OF STOCKS.
IL Ann. l0S,100 II m. 40.500
Evening star., 1924-05-17
DIVIDENDS.
GRAIN AND PROVISIONS.

BALTIMORE. May II (SpectaD.
Potatoes. white, 100 pounds, 7Sa1iI.
$50 pounds. 1e5a275: new potatoe
barrel. 5.00as.5n: asparagus. dozen.
15oa4.50: beans. bushel, 2.5oa5.o0
lima beans. bushel, 4.ooa5.oo: beets,
hun ndred. J.00aS06: kale. bushel. 20
40. cabbage. ba sket. I.75a2.15; carrots,
hundred. 5.Ooa7.00: cucumbers. 3.S0a
$50; eggplants. crate. 2.50a 500: lei
tuce. hamper, 75a2.00: onions, 10"
pounds. 5ea1.50; spring onions, hun
peppers. crate, 25a40: spinach. bushei.
2oa4o: radishes. hundred. 275a6.oh
squash. basket. 1.75a2oo: tomatoes
crate, 400a6.5o.
bushel, 5oa125; box apples. 1.90a275;
grapefruit. box, 2.ooaS25; oranges.
14a27h.
Settling Prices on Grain.
Wheat-No. red winter spo,.
1.1S; No. red winter. garlicky. do
mestic, 1.13h; no quotations on No.
or No. red winter, garlicky. No
sales.
Corn-Cob. new. 4.25a4.ao per bar
rel for yellow, and 4.10a4.15 per bar-
rel for white: No. corn spot S5sz
No. 3 corn. spot, s2:s; track corn,
yellow, No. ), So.
s7A.
Oats-No. . white, 5s1a; No. white,
new. 81 u.
Hay-Receipts, 100 tons. No over
supply in the receipts from day TO day
of said hay in spot trade of timothy
and clover mixed for which there IS
fair demand at full quotations. Low
grade and damaged hay in ample sup
ply and slow sale at all sorts of prices.
Quotations-No. / timothy. $500; No.
2. 2S.00a28.50; No. timothy, 25.5pa
$500; No. l light 25.00a26.00; No. !
clover mixed. 27.00a27.50; No. 2 clover.
a4.00a2 $500.
Straw-No. 1 straight rye, 2S.0ea
24.00 per ton: No. l tangled rye, 1900
a20.00; No. ! wheat, 17.00a1S.00; No. |
oat. 16.50a17.00.
Evening star., 1924-05-17

TOTAL SALES (Par VaIue):
liam. 3224000 II noon 6 53So
Evening star., 1924-05-17
BONDS.
Bid and Asked Prices.
MISCELLANEOUS
PUBLIC UTIIIT7

u. c. Paper Mfg. 6s........... ..... 81
Riggs Realty IS Uong)....... g. 49,.
Riggs Realty IS tshorp. "a 49,,
southern RldC. 6ihs............ a9i3 ....
Wash. Mkt. Cold Storage 5S.... D. ....
NNardmaI Park Hotel fs........ 9oIz 100
Imperial Valley press., 1924-09-20
DAVIS STARTS ON
TRIP TO CAPTURE
EAST STRONGHOLD

ON BOARD JOHN w. DAVIS
SPECIAL TRAIN, Sept. 20.-Satis-
fled that the winning of the west is
well begun, John w. Davis, Demo
cratic standard bearer, set out from
Chicago today to capture the east.
He will stop long enough in South
Bend this morning and i'll Fort
Wayne tonight to make speeches
calculated to arouse Hoosier demo-
cracy to the fighting pitch engend-
cred by his Gary speech of last
night.
Davis not only leaves the west
confident of carrying Missouri,
Kansas, Colorado and Nebraska, and
with fighting chance in Indiana
and Illinois but he turns eastward
with a real hope of carrying New
Work with its As electoral votes.
Private advices reaching the Dem
ocratic candidate have assured him
that Gov. Al Smith will be a candi
date for reelection in New York.
His advisers say that is the most
encouraging news he has yet re-
ceived regarding the east.
Imperial Valley press., 1924-09-20
Minnesota Man,
Visitor Here, Is
Valley Booster

hJ.SD. Williamson st. Paul.aMin-
nesota was Il visitor in FL Centric,
yesterday, and expressed his great
delight in the wonderful cool wealth
er in the valley. Mr.. Williams,
who is vice.president of the l.. IS.
Donaldson fir mof Minneapolis, is
making Il Srrveykof the conditions
on the coast, ad was very much i'm
pressed with the prosperity shown
in the valley. He stated that
farm bureau men of the northwest
regard the Imperial Valley has one
of the richest crop producing dis
tricts in the country. 4~
Mr.. Williams also remarked that
the northwest is rapidly coming
back to normalcy, and with the ban
ner crop harvested in North. and
South Dakota. Minnesota and Iowa,
conditions will improve to such an
extent that it will again rival the
prosperity which was eviden. dhr-
ing the war period. That the coun
trv is resuming it's normal pace, and
that improved conditions in every
part of the country are being re-
ported by the Chambers of Com
mercc of Chicago and New York,
was the emphatic statement made
by Mr.. Williams.
Imperial Valley press., 1924-09-20
PERSONALS

Mrs. f. Edwards OF Holtville
was in town shopping yfsterday--~
Miss Eta b. Tmbeft of~~Long
Beach, has arrived to visit her Sis
ter. Miss Addie l.. Turbett for
several days. gs sf
Mrs. j. X. Fahring of Holtville
visited here Yesterday.
Roy Burger of San Diego is visit
ing his brother DR.. +. NJ. Burger
here for a few days.
Mrs, A. b. Lester of HOltville
was in Ell Centre yesterday on bust
ness.
Others who visited here Jester
.dav from Hol.ville were Mrs. Har-
vey Parker and Mrs. Frank Taylor.
U. S. Hanley has spent several
days in Ell Centre on business, and
is leaving today for his home in
San Diego.
Robert j. Fahs of the Imperial
Valley Hardware company is leav-
ing today for La Jolla where he
expects to join his family.
Mrs. A. G. Mousseah returned last
night from three weeks vacation
spent in San Diego, Los Angeles,
Fullerton and Berkeley.
Miss Helen johnson is bac Yin Ell
Centre after Il three weeks vaea-
ton.
Imperial Valley press., 1924-09-20

\ real Hoosier author is Mere
dith Nicholson, the creator of
+" Broken Barriers the big Metro
production which is coming to the
Palace Airdome theatre for Sunday
and Monday nights. Mr.. Nicholson,
one of the most popular writer's in
America today, was born and
brought up in lndiana-Crawfords-
vile. to be exact--not far from his
associates, Booth Harrington and
George Ade.
These all led up to Broken Bar
riers, his latest, and what has
proved to be his greatest success.
This story is study of modern
living conditions especially from the
viewpoint of the girl who makes
her own LIVING, and is said to be
perfect motion picture material.
Will Rogers in ".Going to Con
srcss'' will be another feature of
the double program offered for the
week end.
Imperial Valley press., 1924-09-20
THE CAMPAIGN
DAY BY DAY
by United Press Leased Wire


The political interest of the na-
ton today centered on the attitude
of Gov. Al Smith of New York to-
ware, ,he reorganization that is al
NEST certain to be rendered him by
acclan.ation at the state convention
at Syracuse Thursday. Candidate
Davis announcement that he was to
stump The eastern states gave i'm
petus to the belief that the Demo
erats will devote much of the rest
OF the campaign to breaking down
the supposed Coolidge strongholds
of that section.
Republican leaders in South Da-
kota were cheered by the public es-
pousal Of the Coolidge Dawes ticket
by Gov. w. H. MeMasters, eandi-
date for senator and by the recep-
tion accorded General Dawes in his
third invasion of "a La Toilette
territory Dawes, in a speech at
Sioux Falls, attacked what he
termed the blatherskites who pro-
pose quack farm relief measures. :"
For the first time during the cam
pai9n Dawes loosed a rev pfoad
sides against Davis, having hitherto
confined most of his attention TO
the Independent ticket.
Thr summons of Secretary Wilbur
of the navy to Washington by the
president caused no end of speeula-
ton. Coolidge tomorrow will ad-
dress the Holy Name Congress IN
the capital. :.
i, Senator La Toilette is to make his
second speech in New York within
a week in an address before the
Stenben Society of America tomor-
row afternoon. gg
Senator Wheeler, his running
mate, reached Chicago, where he is
expected to continue his attacks on
the Republicans.
Imperial Valley press., 1924-09-20
Ford Players to
Present Playlet
At Local School

? "Turning Tnrndowns y, is the
title of the playlet which is to be
presented by the road force of the
Los Angeles branch of the Ford
Motor Company, for. the men and
their wives of the various branches
of the Ford organizations of I'M
periaI' Valley and Yuma, at the
Wilson Auditoriup tonight.
The play is presented for educa-
tional purposes and is particularly
given for statesmen of the organ
ization. The costumes and scenery
will be brought from Nos Angeles,
and the east includes A. +. Kiem-
medson, w. c. Stewart, c. y. Gul-
lekson, j.. H.. Wray, r. N. Davis,