davidaulloa/AmericanStories huggingface dataset:
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1924-07-17

El Lcdo. Alemaly Sosa, presidente
del Partido Unionista en- Mayaguez
y presidente de la Legion Unionlsta
de eSta ciudad, en- un cambio de i'm
presiones que sostuvimos con el, nos
ha declarado que la information que
aparece en- ell ntlmero de la Cores
pondencia' del viernes pasado no es
un ref1ejo fiel exacto de sus pala-
bras con ell reporter de ese per1odi-
CO, pues Ell en- ell curse de la conver-
sacion con ell mencionado reporter no
menciono para NADIA nj una sola vez
eli nombre del prestigioso correligio-
mario don Edelmiro Lespier, que 81 a
este, su distinguido amigo Sc hubiera
referido habria sido para reconocerle
suS meritos como luchador entusiaS
ia v consecuente de la invicta Union
de Puerto Rico. Mega rotundamente
nuestro prestigioso entrevistado ha-
her hecho mencion alguna del case
del professor Lopez de Vega.
mis- manifestations al represen-
tante del citado periodico fueron mas
menos las siguientes: En- Mayaguez
no hay disidentes; ALI no hay mas
que unionistas, decididos fervorosos,
prestos a entrar en- batalla para ase-
gurar para la Alianza Puertorrique-
ia Ell mas abrumador de los triunfos
en- las luchas comiciales del proximo
roviembre,'' asegura ell senor A1ema
ny Sosa.
AL preguntarle nosotros que pensa-
ba responder una hoja suelta firma-
da por un "aliancista que ha cir
crlado por la ciudad, combatiendo la
organization de la Legion Unionista
de Mayaguez comentando ell mani
fiesto lanzado la publicidad por ell
cuerpo directive de las diversas Le-
giones, ell Lcdo. Alemafiy Sc ha mega
do a contestar, declarandonos que
solo Sc trata de probados correligio-
narios que no han comprendido Ell
movimiento salvador iniciado por
ellos CLOS legionarios) pero que en-
grosaran las fllas de las Legiones tan
pronto Sc den cuenta del error de
appreciation en- que una Hgereza les
ha colocado.
'La organization de Legiones es
un movimiento puesto en- practica
por primera vez, por los republicanos
de Ponce para reorganizar sus hues-
tes conQue cooperar al triunfo de la
Alianza y ell cual nosotros hemos imi-
tado por parecernos magnifico para
la causa aliada en- todo ell pais'', de-
clara lleno de visible satisfaction
nuestro ilrstre aprecido amigo, pa
ra dar por terminada nuestra breve
entrevista.
CORRESPoNSAL
Mayaguez, P. r, Julio Is, 1924.
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1924-07-17
LA POLITICA EN- COAMO

Aver domingo los Republicanos
Puros y Socialistas, celebraron un
meeting en- ell barrio "Rio Jueyes"
habiendo tenido una gran concu-
rrencia, reinando mucha animacion,
paz concordia durante el trans
curse del mismo,
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1924-07-17
N 0 I A s Y A RI A s

Ell DOMINGO Sc REUNIRAN Los
CoM1TES SOCIALISTS DEL DIsTRI
TO DE SAN JUAN PARA LA DE
sIGNACIoN DE CANDIDATES. AL
sENADo Y A LA CAMARA
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1924-07-17

Ell LCDo ALEMANY SOSA RECTI-
FLEA CIERTAS MANIFESTAC1O-
MES @. LIE ATRIBUYE UN REPoR
TER DE SAN JUAN SOBRE Po-
Utica MAYAGUEZANA. EN-
SALzA AL SENOR LESPIER CO.
MO UN UNIoNIsTA ENTUsIAs-
IA Y CONSEQUENCE
Evening star., 1924-05-04
BALTIMORE PRODUCE.

BALTIMORE, Md, May 3 CSpeclal).
The egg market held firm all week,
with prices ffuctuating only from Il TO
l cent under fairly liberal receipts, and
closed firm at 224z cents a dozen for
native and nearby firsts III free cases.
Eggs sold cases returned bring from II
to l cent less. Demand is good, but
buyers are critical and prompt ship
ments are advisable to command prices,
as all held stock has to be sold at d
discount. and the packers will not take
hold of this class of eggs.
With the exception of pigeons and
guinea fowl, which are in ample sup
ply and slow sale, the live poultry
market rules steady to firm on all lines.
Spring chickens especially in good de-
mand, and meet with ready sale where
showing an average weight of one and
half pounds and over at so and So.
Leghorn springers sell at an average 5
cents pound less, while smaller bring
45 and so. Winters, two and half
pounds and under, also in good demand
at 40 and 45. but young stays will not
bring over 25. Market for old hens
firmer under lighter receipts, and de-
mand active for choice stock at u TO 29,
but leghornS will not bring over %.
Old ROSTERS are in fair supply at 16
and II. Demand for pigeons and guinea
fowl has fallen off. and market is easy
at 50 and 40 n pair for the former
and 40 to 50 each for the latter.
TeCtlplS OIL ne"
stock the white potato market rules
easy, with demand easily satisfied
and receipts ample at 1.25 to 1.75 per
100 pounds, and 20 to 100 for No
IS Maryland and Virginia McCor-
micks, however, will not bring over
1.50. Season for sweets and yams
nearly over, and only small arrivals,
with demand thinning out, at 400 to
700 a barrel for the former and 500
to 100 for the latter. No. . stock
of both slow sale at $50 to 800.
Maryland and Virginia asparagus
made its first appearance of the sea
son on the markets and met with
ready sale at 500 and 500 a dozen
lunches for first quality and 800 TO
$50 for No. stock. Lima beans
also made their first appearance and
cleaned up readily at 800 and 500
d bushel. Other native and nearby
garden truck in fairly good demand
at the following quotations:
Beets, 500 to 1000 per 100. Car
rots, 400 to 500 per 100. Kale, 20
to so bushel onions, so to 200 per
100 pounds, as to quality and condi-
tion. Spring onions, 100 to 1.25 per
100. Rhubarb, 800 and 400 per 100
Spinach, 55 to 100 bushel.
Demand for apples only fair on all
brands of eating variety and mark ct
rules easy at zoo to 500 a barrel for
packed stock and so to 1.25 for bushei
stock.
Evening star., 1924-05-04
NEW YORK BANK STATEMENT.

NEW YORK. May S.-The actual
condition of clearing house banks and
trust companies for the week shows
an excess in reserve of s17.o15,02O.
This Is a decrease of s1.592,2S0.
The statement follows:
Loans, discounts. etc, s4,774.ees, 600: |:
increase $54,134,0 900. Cash in own
vaults, members federal reserve bank.
s44.072, 900; decrease, s1,563 900. Re-
serve in federal reserve bank of mem
0os,o0o. Reserve in own vaults. state
banks and trust companies, $500
600; decrease, S223, 600
Reserve in depositaries, state banks
and trust companies, s1o,sS2, 900; in
crease, $1,000.
Net demand deposits. ss,s56.57s, 900;
increase, S67,2o5. 600 United States
deposits deducted. s44.264,OO0.
Time deposits, s4S7.5S7,oo0; decrease.
Circulation, ssa,ssc,cec; decrease,
$4,000.
Aggregate reserve, s54S,124,ooo.
Excess in reserve, $17,015, ,020; de-
crease, s1.o92,2S0.
companies in greater New York, not
included in clearing house stat cement:
Loans, discounts, etc, sS32,92e, 500;
decrease, s415,700.
Gold. ss,sso.soo; Increase. $1,000,
500: decrease, s442,7oo
Deposits with Federal Reserve
Bank of New York, s75,255,2o0; in
crease, $562,0oo.
Total deposits. sSS0,e0s, 900: in
crease, s12,179,300.
Total deposits eliminating amounts
due from reserve depositaries and other
banks and trust companies in New
York and United States:
Deposits, sS2S,173, 900; increase, ST.
765.200.
Banks: Cash in vault, s31,315.o0o.
Trust companies: Cash in vault
$6S S33, 400.
Evening star., 1924-05-04
PHILIPPINE GROUP
ARRIVES AT CAPITAL
Members of Independence Commis-
sion to Appear Before
House Members.

Members of the Philippine tnde-
pendence commission reached Wash
ington yesterday and were presented to
the House insular committee. Chair
man Fairfield welcomed them while
hearings on his bill for a measure
of Philippine autonomy were in
progress.
The commission probably will be
heard tomorrow or Tuesday.
Newton w. Gilbert of Indiana, for
mer vice governor of the Philippines,
continuing his testimony yesterday be-
fore the committee, said the mass or
Filipions are not as well able to con-
duct a government as might be de-
tinue to play Santa Claus to the
world" interjected Representative
Knutson, Republican, Minnesota: Our
relationship in the islands is lrksome
to them and burdesome to us. 1t has
cost us hundreds of millions OF
dollars"
I'VE gave the Fflipinos an oppor-
tunity," Mr. Gilbert replied. and
don't want to take it away from them
until it is so firmly established that
they'll keep it. America should look
to the Philippines for a sugar supply
in the future, the witness said, as
available sugar land in Hawaii is
about exhausted. He declared 1T was
a tremendous advantage to the is
lands to export sugar to the United
States free of tariff.
Proper safeguards for investors in
Philippine securities in any fndepend-
ence program for the islands were
urged by Albert J. Quist, of Hallgar-
ten & Co., a New York bond firm.
Evening star., 1924-05-04
COTTONSEED OIL STEADY,

NEW YORK, May 3.-The cottonseed
oil market closed steady. Prime sum-
$50; sales. May, 9.S5; June, 1000
July. 1917; August 1929; September,
10 :36; October, $50; November, 9.1o;
December, 800. Sales, 2,100 barrels.
Evening star., 1924-05-04
WORKERS. BACk-PAY
BILL IS INTRODUCED
Caraway Sponsors Measure in Be-
half Of Employees Discharged
March 81, 1922.

Senator Caraway OF Arkansas yester-
day introduced bill directing the Sec
retary Of the Treasury to pay the en-
ployes of the bureau of engraving
and printing, twenty-eight in num-
Der, discharged under executive or
der of March 81, 1922, the salaries
they were receiving at the time of
their removal until the date of their
restoration to office, less any earn
ings they may have made by other
employment during that time.
Several of the discharged employees
died after their removal and before
others were restored to their old
positions. Senator Caraway's bill
provides that the legal heirs of those
dead employees shall be paid the sal
aries which the employees would have
received from the time of their dis
charge to the date of their death.
Those employees discharged by the
executive order who have not been
restored to employment would re-
ceive the salary which they would
have been paid from the date of their
removal up to March 81, 1924, less
any earnings that they may have re-
ceived by reason of other employ
ment.
At the request of Senator Caraway
the bill was referred to the Senate
committee on judiciary. Senator Car
away led the fight for the restoration
OF the discharged employees which
finally resulted in their complete cx-
oneration and the restoration of many
of them to their old offices.
Evening star., 1924-05-04
TRADE BOARD SHOWING.
S,572, iii 900 Bushels Wheat Rep
resented in Years Deals, Chicago.

The administration in its report
to the Senate, declared that trans
actions in futures on the Chicago Board
of Trade last year amounted to $751;
Ill 900 bushels, counting one side of
each transaction, or daily aver
age of about 2S,5o0,000 bushels.
Thirteen of the ''clearings mem
bers" OF the Chicago Board OF
Trade, handled during the year over
so per cent of all transactions in
wheat futures and represented on an
average over rs per cent of the open
interests. 1t was found that all of
these houses were in the half million
bushel class, accounts which were at
some time during the year net long"
or net short" in the Chicago market
as much as 100000 bushels.
AualyZing the transactions OF the
thirty-tWo speculative accounts, which
includes the thirteen accounts men
toned, the administration reported
but two were in the market continu-
ously throughout the year. while
thirty were in for periods varying
from about two weeks to about eleven
months.
The total trading in wheat futures for
these thirty-two accounts for the year
totaled 231, ,5SS, 900 bushels bought and
228, ,733, 900 bushels sold. Their combined
net position was sometimes t1ong' and
sometimes short" but for almost all
of the year was Short
Evening star., 1924-05-04
MCCLURE SYNDICATE PUT
ON PROFlT-SHARING BASIS
Concerns Earnings to Be Split
Among Ten Workers as Sound
Judgment.
BONDS.
By the Associated Press.

NEW YORK, May 3.-The Mcclure
Newspaper Syndicate, the Oldest OF
its kind in the world, has been di-
vided, as to its profits, among nine
employees and the former owner, Clin-
ton T. Brainard, who also is president
of Harper & Brothers Publishing
Company, it was announced yester-
day.
This business, established by s. S.
Mcclure, has been made a profit
sharing business because, according
to Mr. Brainard, sit is sound Juog-
ment in these days for business TO
operate on that basis"
The persons who benefit in the d.
vision are F. Edith O'De1l, editor-In-
chief and assistant treasurer; How,
ard Wheeler, secretary and general
manager; Irwin Harbour, Pac1nc
coast manager; Howard l. MeEwan,
middle west manager; b. G. Bryant,
New England sales Representative;
Glen E. Mahar, southern sales repre-
sentative; George G. Janosik. busi-
ness manager, and Robert G Patter-
son and Fanny Marshall, associate
editors.
The syndicate officers point out that
this is the first profit-sharing venture
in the newspaper field, and is made
not from sentiment, but from the be-
lief that it is sound business.
Evening star., 1924-05-04
BY GEORGE II. HUGHES.
Special Dispatch to The Star.

Special Dispatch TO The Star
NEW YORK, May 3.-The event of
major Importance to the investment
market this week was the reduction
in the rediscount rate by the Federal
Reserve Bank of New York.
The immediate effect was a sharp
advance in United States government
bonds, practically all the issues max
ing new highs for the year, and in
one case, that of the Treasury AIS,
the long-term issue, a new high for
all time. simultaneously there was a
firming up of all strictly investment
securities. Even the speculative
markets took notice of this develop
ment. spectators for the decline in
stocks taking il as a warming that
the time had arrived for exercising
extreme caution If not for a com
plete reversal of their position AS
to this, opinion was not unanimous.
1t was, however, admitted by nearly
all commentators that the attractive
ness of high-grade bonds and divi-
dend paying preferred stocks was
greatly enhanced. BY high grade is
meant securities, the position of
which is not affected by temporary
fluctuations in earning powers.
Basis of Buying of High Grades.
1t is most elementary to say that
If money cannot proiitably be used in
business and that if there is a sub
Stantial decline in the rates charged
to borrowers for funds. there will be
turning to securities for the sake
Of the higher return. This always
on the condition that there is no
sacrificing of safety. Hence, the buy
ing OF Liberties and OF the first mort
gage rails. A movement of this kind
is helped along by a certain amount
of speculation. Even government
bonds are not exempt from this in
fuence. The result is that a market
for investment bonds advances
irregularly, with minor setbacks, not
withstanding that the general trend
is upward. Not seldom the advance
cutruns the conditions which origi-
mated it. Then there is sure to be
a compenSating reaction. All these
things must be bourne in mind by
those who would analyZe the present
investment market.
But with these qualifications il
may be said that the outlook for in
yestment securities is bright. There
$ also the possibility of some lessen
nC of the tax burden, even though
Congress does not do all that COULD
be wished for in this direction. ANY
measure OF relief would be helpful.
The banking community. however, is
not given to putting too much rell-
ance upon anything ruled by politics.
1T is not for instance. baSing any
calculations upon the final disposal
of the soldiers bonus bill. 1t is suf-
ficient for the present that money
market conditions are altogether IA
Evening star., 1924-05-04
LIVE STOCK MARKETS.

BALTIMORE. Md. May 8 (SpeciaD
with the exception Of calves. the
general live cattle market is steady
under only fair receipts at tho stock-
yards and light on the wharyss De
mand fairly good but centered on ton
grade beef cattle and spring lambs
While common to ordinary stock is
neglected and has to be sold at a dis
count: Quotations today at Light street
wharf.
Beef cattle-First quality. pound
Sa9; medium. pound, 6a7. Bulls. as
20 quality, 4a6. CowS-Choice to fancy
= 40 2; common to fair, 2a4. Oxen, as
70 quality, 1.a6 y. Milk cows-Choice to
fancy mead 80. .o0a75.00; common to fair
head, 30.00a50.00. Calves Veal
choice. pound, 10; ordinary to medium
sag; rough, heavy, common, pound.
Sheep-Choice, pound, 7aS: old
bucks. pound. a6; common, pound
"a, 9af. Lambs-Fall. choice. pound, 15a
mon thin. pound. 9a1o; spring, choice,
Hogs-strafght. 7aS; sows. pound
'aG; stags and boars. pound. 3a4; live
pipS, as to size and quality pound
IVA II; Shoats, US to size and quality.
pound. SAG.
CHICAGO, May ; Omitted States
Department Of Agriculture) Hogs
f,pVu IdJTly active:
steady to higher; bulk good and
choice weighty butchers, 7.50a7. so: y:
top, 7.60; desirable. $50 to 225 pound
averages, 7.30a7.50; bulk packing
soWs, 6.75a6.90: bulk. good and choice
strong weight killing pigs, 6.0oa6. 40: :
estimated holdover, 1000 head: !:
heavyweight hogs. 73oa7.6o me-
dunn, 7.25a7.55; light. 7.00a7.50; light
light, 6.00a7.35: packing soVs smooth
6.15a6.90; packing sows, rough, $50
a6.10; slaughter pigs, 4.50a650.
Cattle-Receipts, i, 900 head: beef
steers and yearlings generally 50 to
70 higher; spots, LOO higher on in
between grades fed steers: better
grades fat she stock, % to so higher,
others and Gamers and cutters slow
steady: bulls, 10 to u up: stockers
and feeders. % TO 40 higher; veal
calves steady to 81 higher; weeks
bulk prices follow: Fed steers and
yearlings, S.50a10.75; fat she stock,
5.5OaS.25; Gamers and cutters, ASA
3.65; veal calves, 7.00aS.5o; stockers
and feeders, 6.50aS.50
Sheep-Receipts, 1000 head; re-
ceipts practically all direct: for week.
around 10000 head direct: 144 cars
fed lots; compared week ago, fat
lambs around 80 higher; sheep, so to
IS lower; best fat wooied lambs at
the close; 1900; top. clipped lambs.
1925; bulk prices follow: Fat wooled
lambs, 15.75a16.85; clipped wethers,
8.00aS.50; clipped ewes, 7.00a7.5 so;
clipped lambs, 13.75a15.09.
Evening star., 1924-05-04
WALSH WOULD CITE
COAN FOR CONTEMPT
Montana Senator Says Wheeler
Case Star Witness Action
Is Flagrant.

Contempt proceedings against Blair
Coan, one of the star witnesses in
the Senates investigation of the in
dictment df Senator Wheeler, were
suggested in the Senate yesterday by
Senator Walsh of Montana. prose-
cutor Of the oil committee.
The proposal was based on reports
that Coan had claimed to have un-
covered evidence in Montana war
ranting Senator walsh's Indictment
The senator read telegram from
Coan denying he had made such
claim. but added:
II have the statement of several
newspaper men that he did make
such n statement"
Senator Walsh Aroused.
In his testimony before the Wheeler
committee several days ago, Coan de-
cIared he had been sent to Montana
by the Republican national committee
to Investigate not only Senator
Wheeler, but another senator" also
He was not permitted to put the
name of the second senator into the
record The statements referred to
yesterday by Senator Walsh were said
to have been made privately after he
left the stand.
This is a perfectly plain and fla
grant contempt of the Senate" said
Senator Walsh, mot only on his part,
but by every one responsible for his
actions. 1t was calculated to intirni-
date senator's in their work on the
investigating committee.
ANY action by senators on this
side of the chamber might not be at
tributed. | fear, to motives to pre-
serve the dignity and honor of this
body. L trust such action may be
taken by senators on the other Gre
publican) side of the chamber"
Evening star., 1924-05-04
DIVERGENCE IN VIEW
OF REDISCOUNT DROP
Discussion of Reserve Bank Action
Outstanding Feature of Week
in Market.
By the Associated Press.

By the Associated Press.
NEW YORK, May 3.-Reduction of
rate was the outstanding feature OF
this weeks financial markets.
While there was a wide divergence
of views as to it's ultimate effect on
business and securities prices, the first
response Of the stock and bond markets
was favorable. In the stock market
traders reported that it had Il tendency
to restrict short selling, particularly by
small spectators, but they said 1T was
still too early to determine the extent
of fresh buying resulting from the
local banks action.
Publication of the United States Steel
Corporations quarterly report showing
net earnings of about $50, GOO, 900 and
the declaration of an extra dividend of
30 cents on the common was about i'll
line with what most Wall street OBJ
servers expected, although several
fore the directors meeting on expec-
tation that the earnings would reach
$50, 900, 900 and the extra would be 70
cents or 81 Immediately sold out, Civ
ing the steels a reactionary appear
ance in the next days trading. Beth
lehem was depressed later on the an
nouncement of new financing.
Motors were heavily sold following
the publicati of the Studebaker quar-
terly report, showing a large drop in
earnings compared with the first quar-
ter of last year. About a dozen stocks
in that group, including Studebaker,
touched new 1924 lows, but they all
joined III the recovery which set in
later in the week.
Textile and leather shares continued
to reflect the disappointing trade re-
ports from those industries. Sugars
in, her 90
of the popular issues benefiting by re-
ports of political distur Dances in Cuba.
Many Of the March railroad earnings
statements were disappointing in com
parison with those of the same month
last year, but most Of the carrier stocks
held firm. Northwestern issues made
the best showing
Easy money rates were an encour-
agement to pool operations, which were
in evidence in a number of specialties.
Evening star., 1924-05-04
FOUR In BALM SUITS
ARRESTED IN COURT
Statutory Charges Placed Against
Principals in Quadrangular
Love Tangle.
By the Assoristei Press

by Tie Associated Press.
ST. ALBANS. Vt, May S.--As a re-
suit of d quadrangular love tangle
two men and two women who have
been prominent in the affairs of the
village of EnosburS FAILS will be
placed on trial at the September term
of court here on statutory charges
Their arrest Yesterday followed set
tlement out OF court of $4,000 suit
for alienation Of affections brought
by George Wood against Walter V
Phelps of Seattle. and preceded trial
of similar suit with damages set at
100000. byought by Phelps against E.
F. Greenwood. which is set for next
Monday.
The four, who pleaded not guilty
in the city court yesterday and were
released under bonds are Phelps
Greenwood. Mrs. Eva NJ. Phelps and
Mrs. Lillian Wood. Phelps, before he
went west in 1922. was president of
the First National Bank of Enosburg
Falls. Mrs. Wood left town at about
the same time and the state charges
that they went TO Seattle. Wash, to-
gether. Before his departure Phelps
disposed of a large amount of prop
erty, but later he bought some of it
back and at intervals has lived in
Enosburg Falls. As soon as he left
he was depOsed from his position as
bank president and Greenwood sue
ceeded him. Mrs. Phelps obtained a
divorce last year.
Woods suit against Phelps went to
trial on Thursday. Phelps was the
only witness and told of his trips
across the continent in 1922 and 1923
and of having engaged in the real es-
tate business in Seattle. He declined
to answer any questions as to wheth-
er Mrs. Wood was with him on his
journeys.
Phelps in his suit against Green
wood charges that the latter induced
Mrs. Phelps to leave him.