davidaulloa/AmericanStories huggingface dataset:
Evening star., 1924-07-26
EVERYMAN'S
INVESTMENTS
INVESTMENT BANKERS,
Forty-EtxhtA Article.
BY GEORGE r. HUGHES.

A good deal has been said in this
series about the work OF tho invest
ment banker and tho care he TAX es
in his selection Of the bonds which
he offers for sale to his customers
Investment banking is highly spe-
cialized business, . business which
with some investment bankers Is
raised to the dignity Of q profession
Now while an investment banker sells
securities primarily for the purpose
of making q profit, it is his duty. and
tho conscientious banker makes it his
practice, to bear in mind tho partic-
ular needs Of the individual investor
This he cannot do unless the customer
gives him his entire confidence
Hara to Select Securities.
In . way the selection Of securities
for q client is much like the pre-
scriptfon Of . physician for = patient.
a Mnfs poson Is .ns ma' su rosd ms1 h1a9 Is another
pect 4 doctor to prescribe for you il
you Withhold from him the facts about
your condition necessary to form an
accurate acc. judgment. Nov this is just
ment banker. II he Is to recommend
any Investment he must know the
pertinent facts about the financial
resources Of the investor. He ought
to know just how much capital his
client possesses and just how 1t is
Invested now.
AS has been repeatedly pointed cut
in these articles, the smaller your
resources the moro conservative must
be your Investments. The banker
should know whether or not this
capital ts likely to be needed on short
notice for business or other purposes
II the investos is actively engaged
time forced to realise on his securities
at short notice he must have entirely
different investments from a retired
business man or woman who wants
only the highest income consistent With
safety.
Great FraAknsu NeeaeA.
Nor can any Investment adviser
properly recommend securities with
out knowing what other stocks or
bonds are already held. This Is es-
sential in order that diversidcation
may be preserved.
There are many other questions
which will come up in each individual
case. Unless you are frank with your
investment banker you cannot ret
tho best results from the service
he IL glad to get to you.
(oopyrikht, 1874. BY Coasolidated Press Asso-
Evening star., 1924-07-26
Enough Lumber
For 374 Houses
aboard One Ship
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE, July 26.-Carrying
the worlds record lumber cargo,
the steamship Lewis Luckenbach
arrived in port yesterday. The
cargo consists Of 7.574,0o0 feet of
lumber from the Puget Sound dis
trict and the Pacific Northwest.
From lumber data in their pos
session officials OF the Luckenbach
Line estimate that S74 one-family
houses could be constructed from
the cargo of this one vessel. 1t
also is estimated that when fully
loaded this vessel and its sister
ship, the Andrea r. Luckenbach,
also to come to Baltimore, could
load and carry 5000, 900 board
measurement feet of lumber, from
which 500 one-family dwellings
could be built. enough to house a
village Of from 5000 to 1000 in
habitants.
Evening star., 1924-07-26
TURNING POINT SEEN
IN NATIONS TRADE
By the Associated Press.

By the Associates Press.
NEW YORK, July 26.-Dun's Re-
view today says:
"Plainer signs of improvement. both
in sentiment and in actual business.
have lately appeared. On the whole,
this weeks reports are noticeab bly,
better, and they are the more signifi-
cant because demand in primary
channels usually does not increase
during the summer. Yet supplies in
different instances have reached a
state, after many months of restrict
ed buying. where their replenishment
has become necessary and recent
price reductions have been an added
stimulus to purchasing.
The gain in transactions is not
general. but major lines. such as steel,
dry goods. hides. leather and foot
wear, show an acceleration of actiV-
ity, varying in degree, and not few
sellers are firmer in their views as to
prices"
Evening star., 1924-07-26
BY STUART p. WEST.
.cial Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, July 26.-The notable
improvement in commodity prices
continued the past week to be the
most important influence upon opera
tions in the security markets and
upon sentiment.
On the stock exchange railway
shares scared to new high prices,
some of them to the highest since
pre-war times, and various groups of
industrials were bid up in anticipa-
ton of better conditions in the lines
they represent. In trade, too, evil
dence of returning confidence appear
ed in numerous directions. There was,
in fact widespread and unmistakable
response to the spectacle of further
sensational advances in grain ana
cotton. At the same time the piling
up of money supplies offered encour-
apemeut to commercial and specula-
tive enterprise.
In the grain market the violent up
turn in wheat and corn resulted main
Iy from revised estimates or the 90
mestic and foreign harvest. The mid
month crop analysis of the Depart
ment of Agriculture emphasized the
damage that has been done to wheat
and corn in parts of nearly all sec
tions of the country and stated that
prospects are not highly promising.
Prosperity for the Farmer.
The economic and political conse-
quences Of this decided change for
the better in farm prices are meal
culable. The Immediate effect on the
pocketbooks of the farmers them
selve is readily understandable. The
depression in the great agricultural
district of the West had brought re-
peated losses to millions of people,
absolute minimum and business gen.
orally had hanging over it the mis-
fortunes of the grain growers.
Today, it is estimated, the agricul-
turai wealth of the country is well
over a billion dollars greater than it
was only few months ago, and there
has been a very noticeable demand on
the part of the western agricultural
lists for farming implements, mail or
der supplies and, to a lesser degree,
throughout the northwest and to
every. quarter of the wheat and corn
belt, and the signs of sudden pros
perity are increasing.
Railroads Also BeneAtinE.
The lively advance in railway Sc
curities has presented another phase
of the situation. In spite Of decreased
revenues in June and in the first six
months of the year, railway stocks
and bonds have been particularly
strong They have ignored complete
ly current traffic returns and the re-
duction in car loadings. The pros
pect Of combinations. however re-
mote, remained an important factor
in the speculative sense and very
cheap money in an investment sense.
But the thing of paramount i'm
portance has been the passing Of much
Of the fear that had been held that
railway freight rates would be re-
vised downward. Here again grain
has exerted it's influence. If the agri-
cultural districts are to prosper with
rates as they are, 1t is unlikely that
any apprehension need be felt as to
the attitude toward railway carry
ing charges.
Unfavorable News Disregarded.
A noteworthy feature of the recent
upward movement on the stock ex-
change has been the way in which
unfavorable news has been over
looked. Wall street had occasion 10
Evening star., 1924-07-26
SPARKS FROM TICKER.
Sugar Stocks Gain-Railroad r.
ports Improving.

NEW YORK, July "a revival Of
interest in sugar stocks has followed
the recent advance in the price of re-
fined sugar and reports that refiners
are contracting for raws at hi1her
prices.
Cushman's Son, Inc, did a record
business in the half year ended June
80. Net earnings increased % per
cent over the corresponding period
last year, equal after preferred div
idends to 1888 a share on the COM
mon stock. Working capital ar-
gregated $1,151,667.
Although the first handful or rail-
road reports for June has given no
definite indication Of a general i'm
provement in earnings. signs Of re-
covery have been shown by some Of
the carriers. Readjustment OF the
balance between revenues and ex-
penses to Offset the decline in Spring
traffic apparently has accounted for
the better showing in these cases.
Net earnings OF the Hercules Pow
der Company dropped to $87s,573 in
the first six months of 1924 from 81
512,506 a year ago equal to 1858 a
share on the common stock against
$500 a share in the first half of 1923.
Gross receipts were $10,324.6SS.
Evening star., 1924-07-26
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star Once

moved forward sharply while the
price of the old common adjusted
itself to the highest selling level of
the former shares The old stock Is
exchangeable on the basis of five
shares for each of new. Ware Radio,
offered at the subscription price OF
$3.50 a share, sold today above "a ".
The remarkable rise in Glen Alden
Coal shares kept on carrying the
price to a new top, where 1T was
points above the previous closing
quotation. The buying reflected i'm
proved earnings and prospects for
another increase in disbursements
later McCrory stores new gained 8
points in sympathy with strength in
this class of stocks on the big board.
Evening star., 1924-07-26
BY WILLIAM r. HEFFERNAN.

NEW YORK. July 2S.-ReaIizlng
sales in the radio groups apparently
had run their course and buying was
resumed today. These stocks nave
commanded more attention in the
market of the past week than any
other group.
Hazeltine Corporation. offered for
public subscription at $40 a share re-
.cently, sold today al SIS. This COM
pany manufacturers and sells Neu-
trodyne receivers.
Radio Corporation new common
Evening star., 1924-07-26
Natures "FireWorks."

st. Elmo's fire, the fiame-like ap.
pearance seen in stormy weather in
the rigging of vessels and on lofty
terrestrial objects, is nearly akin to
says Nature Magazine
The aurora, in its many beautiful
forms, is the most ambitious electri-
cal display produced by nature.
Evening star., 1924-07-26
Still Fishes at 101.

Clarion County assessors usually
list men of advanced age as "in-
valids," but when William kratzor
of st. Petersburg. Pa. aged 1o1, was
granted a fishing license the assessor
decided a change in the mans status
was necessary. Kratzor is now listed
as a retired gentleman" The as
SCISSOR ruled that a man of 101 years
who could fish was not an invalid.
Evening star., 1924-07-26
SEABOARD TRAFFIC UP.

BALTIMORE, July 26 Especially -
Freight loadings moved on the Seaboard
Air Line Railroad during the week end
ed July % showed an increase of IA
per cent the total being 34,36l, as COM
pared with 1891 moved during the COR
responding period last year.
Evening star., 1924-07-26
Truth Will Out.

From the New Orleans Picayune.
Stranger Ito the ONCE boy)-I
| wanna see the editor.
Once Boy-What editor? We got
| all kinds OF editors around this Joint,
nothing but editors: just like the
Mexican army-all generals anu no
priyates.
Evening star., 1924-07-26
FREIGHT TRAFFIC TURNS.

ST LOUIS. July 26 (SpeciaD.-
There were 41,Seo cars of freight han
died through the St Louis terminals in
the last week as against 37.745 the pro
vious week This is the first check to
the decrease in shipments which has
been going on for eight months.
Evening star., 1924-07-26
WEEKLY BANK REPORT.

NEW YORK, July 26.-The actual
condition of clearing house banks
show an excess in reserve of $685.
$50. This is q decrease of $8,796, $50.
Evening star., 1924-07-26
Ask Year Banker

How much real value stands back
Axe yo0 sure that the niee, honS9a.
looktng stranger 10 telling yo0 tho
trutAf Ask your banker 70 lock -
that he clAlmA
Evening star., 1924-07-26
TIRE FACTORY REOPENs.

BALTIMORE, July 26 Especially
Aavices from Cumberland, Nd, say that
the Kelly-Springfeld Tire Co., which
closed its plant there for inventory TAX
ing on June 2S, has resumed operations,
and is putting all furloughed men to
work
Evening star., 1924-07-26
TICKER SERVICE CUT OFF.

NEW YORK, July 26.-The Consol-
idated stock exchange today ordered the
removal OF its ticker from the Offices
Of W. r. Johnson and Company,
Boston, after an investigation by the
exchanges bureau of auditing and
accounting
Evening star., 1924-07-26

NEW YORK, July o6-Following
is an official list of bonds and stocks
traded in on the New York Curb
Market today:
Evening star., 1924-07-26
Unfavorable News Disregardea.

A noteworthy feature of the recent
upward movement on the stock ex-
change has been the way in which
unfavorable news has been over
looked. Wall street had occasion 10
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1924-05-22
BIRCHDALE

The Elgins had another of their
dances last Thursday night.
Mr.. and Mrs. Undem and little
son spent Sunday at the Linquist
home.
Mr.. and Mrs. S. Holme visited at
the o. Olson home at West Union
last Sunday.
Farmers are busy planting their
corn but unless the weather gets
warm it can't grow.
Albin Nelson and bride who
spent few days at the Nelson home
left for Benson, Mimi, last week.
Mrs. Christ Schultz went to the
cities and brought her little boy
home last Saturday. He had been in
the hospital nearly three months. The
little fellow is fine now.
Mr.. and Mrs. j. Allen and little
daughter from Alexandria and Mrs !.
F. Schultz and son Ed from Osakis
and w. S. Martin and family visited
at the Chris Schultz home last Sun
day.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1924-05-22
Oak-Hill farm on Friday evening.

Oak-Hill farm on Friday evening.
Many of the Kandota people were
seen in Long Prairie on Thursday.
A. H. Hendrickson attended to bus
mess matters at Staples on Satur-
day.
Mr.. and Mrs. Sam Erickson called
on Mr.. and Mrs. Alex Paschke Sun
lday evening.
Is The Town Board met at the clerks
office on Saturday evening to attend
to business affairs.
The Willing Workers met at the
home of Mrs. Pandina Nelson on
Saturday afternoon.
Mr.. and Mrs. o. ]. Lying and
children were callers at the Oak Hill
farm Friday evening.
Julian Lying and Joseph and Rubin
Eckberg went fishing on Tuesday,
but were out of luck.
Mr.. and Mrs. w. n. Mann and
son Kenneth visited Sunday after
noon at the August Blank home.
1t seemed as if most of the Kan
dota people were seen on the streets
in Sank Centre on Saturday eve
ming.
Otto Blank and two sons from the
southern part of the state are at
present visiting relatives and friends
here.
Mr.. and Mrs. AL Bohne and son
Norman spent Sunday afternoon and
evening at the Grand Homestead
farm.
Mr.. and Mrs. Treteen and baby
from Sank Centre were visitors at
the Grand Homestead farm on We'd
nesday.
Albert Eckberg and son Clarence,
visited Sunday afternoon and even
ing at the home of his brother Jonas
Eckberg and family.
! Ed Blank and family from San
born, Mimi, were week end guests at
the home of Mr.. Blanks parents.
Mr.. and Mrs. August Blank.
Peder Foss, Albin Eckberg, Ernest
Larson and Clarence Troness were
entertained at supper at the home OF
Mr.. and Mrs. Sam Erickson on
Sunday evening.
Mr.. and Mrs. John Hanson and
Miss Alice Hanson, Mr.. and Mrs
Louie Larson and baby and Miss So.
phia Magnusen were entertained al
supper at the home of Mr.. and Mrs
Gust Embloom Sunday evening.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1924-05-22
UNITY

Chas. Goodpaster is doing some
tileing for Herman Quade.
Mr.. and Mrs. Albert Gamradt
and family spent Sunday at Geo.
Kinds.
Mr.. and Mrs. John Matthisen
and family visited at Chas. Ritter's
Sunday evening.
Miss Laura Quade from Sauk
Centre visited Sunday with her par
ents Will Quade's.
Most everybody around here at
tended Conrad Miller's funeral al
Unity Friday afternoon.
Will Quade and family while
trv out their new Ford stopped
at Geo. Trierweiler's Thursday eve.
ming.
Mr.. and Mrs. Henry Quade anG
Miss Clara and Henry Weike were
visitors at Trierweiler's Sunday at
ternoon..
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1924-05-22

afternoon and evening.
Joe Ingersoll and family from
south of Sank Centre were visiting al
the Telschow home Sunday.
The men in this vicinity are busy
planting corn and the women are
caring for chickens and making gar
dens.
Mr.. and Mrs. F. O.. Ilgen, Boyd
and Mary and Roy Farris and family
visited at the Fred Crippen home
Sunday.
Mr.. John Sullivan of Minneapolis
who formerly lived in this commun-
ity visited at the Telschow home Sat
urday night.
Mr., and Mrs. Henry Wiegers and
family from north of Sank Centre
and Fritz Wiegers visited at the
John Reble home Sunday.
George, Gertie and Gregory Swarz-
bauer were up from Minneapolis a
few days last week visiting their old
neighbors in this vicinity.
Mr.. and Mrs. Telschow and fami-
ly were at Mr.. Sorenson's last
Wednesday evening to listen to the
radio but it wasn't working right so
wasn't very satisfactory.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1924-05-22

Jake Bodanski spent Sunday after
noon at Fred Botz.'
Mr.. and Mrs. Raymond Cressey Of
Fergus Falls and Mrs. Evans of
Los Angeles, CAL, accompanied by
Mrs. G.. A. Sykes of Monticello,
Mimi, drove up from Fergus Falls
Friday. Mrs. G.. A. Sykes will
spend about 10 days visiting her son
Verne Sykes and family; also the
Putnam's. The rest returned that
evening to Fergus Falls.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1924-05-22
STILES

Ike Henry's brother from Ward
Springs visited the family Sunday.
John Reble and family called at
the Ike Henry home Saturday eve
ming.
The Archie Pacey family are en-
joying themselves in a Dodge car
these days.
Mrs. Ike Henry is under the doc
tors care suffering from low blood
test pressure.
Mr.. and Mrs. Telschow and fami-
ly visited at the John Reble home
Thursday evening.
Mrs. Roy Farris and Leonard
made business trip to Sank Centre
Monday afternoon.
Several from this community were
shopping in Sank Centre Saturday
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1924-05-22
KANDOTA

A. H. Hendrickson was a visitor
at Little Falls on Sunday.
Michael Hendrickson called at
the John Foss home Sunday.
Allison home Monday afternoon.
Oscar Holmberg called on Jonas
Eckberg on Tuesday afternoon.
Otto Anderson had supper at the
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1924-05-22
Tn. M.teh.Maklna Instinct.

It II unlucky for a man to light
three cigarettes with one match, but II
woman lights one cigarette with
three matches she is lucder than
usual.-Life.
New Britain herald., 1924-07-23
cangZeA A

Hello. Hello. Mir Prescott speak ing"
 Jacques this is Paula"
 "Oh hello, Paula. Glad to hear your voice.
 Are you really, Jack I did not tell Sydney that 1 was going to talk to you. 1 knew he W ould throw cold water on it."
 What do you want to say to me, dear?"
 You know very well want you to let me give that money to little Jack"
 But I can't do that. Paula. How it would look"
 That's it. You men are always asking and being afraid of how it would look to other people. see no reason why l should not give as much money as l please to my own child. Besides, it can be fixed so no one will know it, not even your sweet wife,
 But, Paula, don't you understand that Jack is not your child any more? He has been legally adopted by Leslie"
 "Of course 1 know that Jack, but think you should not remind me of it; besides, 1 am sure if Leslie knew about. it she would take the money from me. I wish now that l had spoken to her instead of asking Syd to tell you. Men always mix things up with their silly vanity. I might have known that two men would have spoiled everything"
 But, Paula, I have money enough to support my own child"
 "Of course, Jack, l know that, but don't you realize that I am mak- ing g,eat deal of money, more than can spend, and it is the greatest pleasure you could give me; in fact, the only reparation you can make to me is to give me the satis- faction that l know that l too am working for my child"
 If you put 1t that way. Paula. I will have to consider it. Mind I'm not saying that I am going to do it, but when old Syd comes back we will talk IL over. I want to oon- graduate you. my dear. on your great success. wonder how it l would feel to have more money than one knew what to do with
 The one thing that you feel most, Jacques, is that there are some | hings that money cannot buy. If 'ou will let me buy with it a part | ,f my child's education l will bless 'ou as long as 1 live. would like o send my love to Leslie, but she must not know that I have phoned ,ou. l will send Sydney Carton fight away to you and he can talk he matter over. Goodnight" Copyright, 1924, NEA Service, IncD
New Britain herald., 1924-07-23
7he AaySntur>s5 Ragg<dyAnn g .4 Ra99edyAnly 9 d3zan 4y >oh11y 1ru<'|e a7
W JokwHy VrueM

Tt only takes little effort tC change mean things into nice, good kindly thinss." Raggedy Ann laughe ec as fine large banana cake appeared in the poor mans hands, and large bowl of fruit punch appeared on the table. Raggedy Ann had not made these lovely things. Nor had Rag. gedy Andy. The two mean old witches. Minga and Munga Witch had made them. and 1t all happened because the Raggedys had changed the charms of the two witches so that the witches could not work any mean magic any more. So, when the two witches tried to send a magic club 10 bang the poor man on his head instead of the club coming to hit the poor man, he found the lovely cake all ready to eat.
 And as he shared with the Rag gedys and the hobby horse, in few moments the cake was all gone.
 We do not need 10 be afraid of the witches now." the poor man said. For all their magic from now on will be good magic for us."
 AHu SO, WHen lHt Oh MntelS came to a stop and the Raggedys and the poor man and the hobby horse got out, they found that the house on wheels stood in the center of a Jolly pop field and there, growing all about, just like flowers, were the incest folly pops ready to be picked.
 The Raggedys and the poor man picked great many Jolly pops and carried them 10 the house on wheels and it was while the poor man was inside putting the loly pops away that the Raggedys heard rustic in the bushes behind them and turned to see the two witches, Minga and Mungas
 Now we shall catch the Raggedys sure." Minga said. T will catch Rag gedy Ann and you catch Raggedy Andy, for now the poor man is not about to help them."
 So Minga caught Raggcdy Ann and 1 Munga caught Raggtdy Andy and | dragged them towards the house on | wheels.
 Tt is a good thing ! sent the magic |, club 10 bang the poor man on his head and made him jump out Of the |, uindow.' Minga said.
 "Yes," Munga replied. It was easy to capture the Ragsedys now the poor man has gone! Wen have the nice
New Britain herald., 1924-07-23
MY HUSBAND'SLOVE .s Ads. G.ra.sn. ksw Fh...
 REVELATIONS OF A WIFE

my threat eonslriei with every sd' raneing movement,
 She had come almost to our table when Mir, Underwood rose from his seat, and without waiting for the pantomimed invitation 10 dance which she had given the occupants Of other tables, put out his hands and grasp ing hers, swung her inlo dancing position,
 For A pereeptible second she hesi' tated, and l saw her strain tensely away from his grasp,
 He whispered something into her ear and with a shrug of her shoul- ders, Gallie and charming. she re- faxed and followed his lead in the measure, Through the crowded room they danced as if the floor beneath, their feet were the starry heavens, attracting the faded alten- ton of many of the patrons who would not have turned their eyes a fraction Of an inch to the right or the left for any ordinary spectacle.
 Many of the glanees were for me. left alone at the table. They were curious. amused, even plying glances and if terror had left me room for any other emotion, 1 should have been furious with Mir, Underwood for subiccting mo to such public slight.
 Rut had sense enough left 10 realize that there was some vital reason behind his action. and l made a brave attempt 10 pretend absorp- ton in my dinner. casting only an occasional furtive glance at my es- cort who. l saw with relief and amazement, was making his way steadily toward the exit opposite ours,
 They disappeared through it. and 1t was five minutes. which seemed an eternity, before Mir. Underwood appeared at the door just beside our table.
 There. Praise be to Allah that iamsel's settled for tonight" he said. and then from just outside the entrance there came siyery mock ing laugh which knew. and flung back from the lips Of q figure rush ing swiftly down the corridor came back the words:
 "But there's another day. remem beri"
 II was the voice of Grace Draper