davidaulloa/AmericanStories huggingface dataset:
Evening star., 1924-12-22
CONGRESS- ACTION
ON GUNS AWAITED
Coolidge Will Not Take Up
Elevation Issue With Brit
ain in Meantime.

Until Congress has made known
of appropriating funds to change gun
elevations on capital ships, the Wash
ington Government will engage in no
controversy on the subject with Great
Britain.
Two notes received last Summer
from the London foreign office, con-
tending that alterations of the guns
to give them increased range would
pislat1.- -.i-~-sairit-.ef- f-thA----n..-------..r.
VIII not be answered until sentiment
in Congress has crystallized.
In the event Congress indicates it's
Willingness to supply the money and
authorize the work on the ships, then
the question would become one for
governments.
Policy is Undecided.
1t is possible, however, that should
the money be provided, President Cool
idge would decide not to authorize a
gun elevation program. He is unde-
cided at present whether the money
required by the Navy for this work
should be expended upon the old ships
to which it would go. 1t has been
said that he will defer decision until
he has received the report of the spe-
cial board created to study the COM
parative values of capital ships and
aircraft, and until he is able to deter
mine whether the expenditure would
be in keeping with his policy of
economy.
Evening star., 1924-12-22
NEW MAIL RECORD
BEING SET IN D. c.
Volume Already Greatest in
History of City-Most of
1t Outgoing.

The volume of Christmas mail pass
ing thorugh the City Post Office up
to Saturday has been the greatest
in the history of Washington. Post
master William NJ. Mooney announced
today Figures on the amount of
letters and packsg ges received and
dispatched yesterday have not been
compiled, but the Post Office was
willing to risk the prediction that
this Christmas mail would stand head
and shoulders above all others in the
past.
More mail has been sent out of
Washington than has been received,
but Mr.. Mooney would not let Wash
ington lay official claim to the old
adage 'Tfs more blessed to give than
receive" because many Western
trains have been delayed and tied up
due to severe weather. Somewhat of
deluge is looked for in the next two
days.
Keep Abreast of Work.
The augmented force of postal en-
ployes here has been able to run neck
and neck with the heavy traffic. Mail
received 1T the Post Office up to l
o'clock Saturday afternoon was de-
livered to the addressee the same day
and all outgoing mail was dispatched
by midnight Saturday.
Cancellations of letters and post cards
December 90, 1928, were 1.21s.675, while
Saturday they were 1,297,16z: bags of
parcel post packages dispatched last
year numbered 1880, and this year
1880; parcel post bags received num-
bered 6,249 a year ago and 7,409 this
year the number of bags collected about
the city Saturday in 1928 was 6,5S1, and
this year were 6.s4t: parcels delivered
home to home last year were 19,207, and
this year 1928 decrease due undoubt-
edly to the Western weather tie-ups) !;
special delivery letters and packa ges
last year 5,152, and this year 5.55S.
All day yesterday the City Post Office
was visited by Christmas mailers, and
in the evening hours the branch offices
kept open.
Evening star., 1924-12-22
QUAKE IN ITALY.

Shock Recorded Early
This Morning.
MODENA, Italy, December 22-An
earth shock lasting five seconds was
observed at 1852 o'clock this morning.
Evening star., 1924-12-22

Programs Page 2.
Evening star., 1924-12-22
From Press to Home
Within the Hour

The Stars carrier system covers
every city block and the regular edi=,
ton is delivered to Washington homes
as fast as the papers arc printed.
Evening star., 1924-12-22
sax. Ta1es Arc Heayy.

Mr.. Jusserand said mistaken no.
tion was abroad in the world that
France does not tax herself as other
CONTINUED on Page ,, Column 3D.
Evening star., 1924-12-22

tU. S. Weather Bureau Forecast.l
Probably light snow late tonight or to-
morrow-lowest tonight, about % de-
grees. Temperature for "a hours ended
at pm. today: Highest. %, at $3.50
pm yesterday; lowest, II, at am
today. Full report on page Z.
The Washington times., 1924-03-27
IMPROVED TONE
SHOWN BY
STOCKS
Industrial, Railway and Oil
Shares Gain in Early
Trading.
By HI. j. DUIZEND.
Copyright. 1924. by Cosmopolitan
News Service,

W SO0AAOPOiiLAu
News Service.J
NEW YORK, March, 27.-Prices
showed an improved tone in the
first two hours trading on the
stock exchange today. Evidently
the shorts were placed in a some.
what uncomfortable position be.
cause Of the unwieldy size of their
commitments and considered 1t best
to protect themselves against any
eventuality by taking in at least
part Of their contracts.
There was nothing in the over.
night news to account for the bet.
ter feeling except the publication OF
another batch of February railway
earning reports and a further re-
duction in the weekly crude oil pro.
duction. -
But the favorable trend in both
transportation and petroleum indus
tries has never been regarded during
the last two months as a develop,
ment serving to affect the market
as a whole and the latest cheerful
news therefore, could not be held
out as an explanation for the
advance, except in the oil and rail.
way SLldISS <AAIOA6 ILlO 4dIlOI 81.
Paul preferred was prominent. re-
flecting the great improvement in
the company's position.
The industrials started off strong
most active issues rising from q
fraction to more than a point in
the first thirty minutes Of trading
while the advance in the highly
speculative issues was even greater
A recurrence of weakness In a
few Industrial shares put tempo
rary brake on the rising tendency,
but with the approach Of the noon
hour firmness was again estab-
lished. Among the heavy spots the
silk stocks attracted attention,
Mallinson moving into new low
ground at 1874. Central Leather
preferred lacked supporting influ.
ence of large short interest,
shagging about a point. Dawson
chemical was also in supply. .
There was active trading in Vel
low Cab, which was admitted to
the list today. Opening at "a the
stock improved substantially in
subsequent dealings. Fifth Avenue
Bus was also strong. Call money
renewed at An per cent.
The Washington times., 1924-03-27
AUTO INDUSTRY
ON SOUND
BASIS
Motor Companies Are in Good
Financial Condition, Says
Banker.

Reports concerning the GMtOmO-
bile industry emGAGting from o.
riOws sources during the past ten
days haze caused SOeGkmess in
stocks of leading motor mGmMfGc.
turing companies. HOOeVer, one
of the country's foremost bankers
asserts, IN the following signed ar
ticle, that the motor industry is on
q sound basis,
The Washington times., 1924-03-27
WHITE SULPHUR
CHOSEN BY
BANKERS
Convention of District Bankers
4 To Be Held June So at
! West Va. Resort.
BY HARRY GUSACK.

,. the District of Columbia Bankers
association, will hold its next an.
qua! convention at White Sulphur
springs, w. Va, June to 8, it was
announced at meeting of the gen.
eral convention committee held late
yesterday afternoon.
The delegates will leave Washing.
ton on a special train at $50 p. M,
June 4, arriving at the Greenbriar
the following morning at 1880 o'clock.
returning, the party will leave
white Sulphur Springs at $50
O'Clock Sunday night, June 8, arriv-
ing in Washington the following
morning. James B. Edmunds, spe.
cial agent~of the Chesapeake and
OHIO railroad, was present at the
meeting and assured the bankers of
every possible accommodation both
en- route and at the hotel.
Robert V. Fleming, chairman of
the committee, outlined the plans
already made for the convention,
which were heartily Endorsed. w. j.
Waller, chairman Of the program
committee, announced that the bust
ness sessions would be held in the
mornings, leaving the afternoons
Tree for recreation, and that the
general arrangement Of the program
would follow last years plan. 1t
was suggested by Harry v. Haynes,
president of the association, that in
lieu OF symposium, which hereto
fore had been feature of the pro-
gram, the standing committees of
the association prepare reports to be
submitted at the convention. Mr..
waller was instructed to leave a
place on the program for such re.
ports.
The Washington times., 1924-03-27
FEDERAL DATA
H|TSCOTTON
GROWERS
Mistake of 500, 900 Bales in
Report Cost Producers
Millions, AsWeIl Says.

The Department Of Commerce
through bungIed reports on cotton
production has cost cotton growers
hundreds of millions of dollars ii
was charged today by Congress.
man Aswell Dem.) of Louisiana.
who has presented a bin transfer.
ring e.: raw cotton statistical work
from the Commerce to the Agri.
culture Department.
Whether intentional or other
WISE" he said, "the Department of
Commerce has injured gravely the
cotton producers and the cotton.
holding cooperative organizations
by muddling the figures on cotton
production and especially by the
unproven and unfounded report of
a carryover Of more than 100000
bales.
after causing a disastrous break
in cotton prices the department was
unable to balance its own figures.
by this procedure the Depart.
ment Of Commerce has established
it's unreliability and in future
should have no part in reporting
statistics on raw cotton.
"It is time for the country to
demand efficiency and straight
forward dealing with reference to
Government reports Of cotton pro.
duction in the United States"
The Washington times., 1924-03-27
Business Increase.

Employment at industrial estab.
hshments increased in February
and the output of basic commodi-
ties was slightly larger, says the
Federal Reserve Board in it's forth
coming bulletin. Distribution, both
at wholesale and retail, continued
large; wholesale prices were some
what higher, and there was a fur
ther increase in the volume Of Dor.
rowing for commercial purposes.
In discussing business the Fed.
eral Reserve Board says, in part:
The Federal Reserve Boards
index of production in basic indus
tries, adjusted to allow for length
of month and other seasonal varia-
tons, increased less than 1 per cent
in February. Production of pig
iron, steel ingots, and flour in
creased, while mill consumption Of
cotton and production of cement
and lumber declined. Factory en-
ployment advanced / per cent in
February, following successive de-
creases during the three preceding
months. Increases in working
forces were reported by most in
duStries and were particularly large
at iron and steel plants, automobile
factories, and textile finishing
establishments. Fuller employment
through reduction of part-time work
IL indicated by an increase of 5
per cent in average weekly earn
ings. Building activity was slightly
less than in January, though con-
tracts awarded were per cent
larger than year ago.
Railroad shipments in February
were in greater daily volume than
in January. and car loadings Of
practically all important commodi-
ties were larger than a year ago.
The daily average volume of whole
sale business increased 5 per cent
in February, but was slightly
smaller than a year ago. Sales OF
meat, dry goods, ana hardware
were larger than in February, 1928,
while sales of shoes were smaller.
Department store sales in February
averaged about the same daily
volume as in January and about
8 per cent more than a year ago,
while merchandise stocks at these
stores at the end of the month were
s per cent above last years level.
Business of mait-order houses and
chain stores also showed increased
activity in comparison with jan
Uary."
The Washington times., 1924-03-27
Chicago Grain Market.

CHICAGO, March 27.-Grains
were depressed at the opening to.
day and registered further declines
on persistent selling.
Wheat started unchanged to "a
cents lower and broke further as
selling was increased by the col
lapse of the corn market, buying
power lacking.
Corn started n to 1 cent lower
with stop loss met when May broke
through II cents. Trade large, with
selling general and buying limited
to resting orders met on the way
down.
Oats started II cent higher to u
cent lower, but weakened off with
other grains.
Provisions started higher for May
lard, with offerings limited. Opening
prices:
Wheat-May, $1.0l01O1k; July,
81 ,03A 103% September, $1.O41s.
Corn-May, 764 Q77hc; I.4ly, 7SA
Q7Shc; September. 1875 @T9c.
Oats-May, ASS q Acc; July, 441sc;
September, 41Isc.
Rye-May, 65%c; July. &c.
The Washington times., 1924-03-27
NEW OFFERING
PLACED ON
MARKET
Western Electric Issue Of
$35,ooo,ooo Put on Bond
Mart Today.
Copyright. 1924. by Cosmopolitan
News Service

NEW YORK, March 27.-The
transportation systems Of the coun-
try today have about reached their
limit of raising funds for expansion
by the floatation of new bond
issues and it is believed by invest
ment bankers that future appeals
will come through more liberal
dividend policies to holders of COM
mon stocks.
Railroad presidents, who have
publicly expressed themselves on
this subject, emphasize their de-
sire to increase the amount avail
able for disbursements to stock
holders, and thus win back in
Vestors who have taken to indus
trial and public utility securities.
One Of the best ways to prepare
the market for new stock issues
is to exhibit favorable earnings
and balance sheets, on which
dividends can be maintained on a
higher basis. AS a general rule,
Il per cent dividend rate should
tie relied on to keep railroad stocks
above par, as is the case with New
York Central, Lackawanna, Allan.
tic Coast Line, Union Pacific.
Canadian Pacific. Delaware and
Hudson, Norfolk and Western, etc.
1t is believed that other roads
are earning sufficiently to permit
substantial increase in dividends,
and thus placing their stocks on
better investment basis. In this
group may be mentioned Atchison.
Southern Pacific. Chesapeake and
Ohio, Louisville and Nashville,
Pennsylvania, Nickel Plate, etc.
Such a policy would relieve the
railroad bond market by diverting
new capital for the same purpose
to new stock issues and thus in
crease the number of stockholders.
Public offering was made today
of an issue of $35, 100000 Western
Electric Company, Inc, 25-year S
per cent gold debenture bonds at
96h to yield 5.25 per cent. The
bonds are redeemable at the option
of the company on April /, 1884,
and thereafter to October /, 1915,
at 1O5. and thereafter at par.
The Washington times., 1924-03-27

: = Bid Ask
The Washington times., 1924-03-27
LETTERS
GET BUSINESS
VICTIMS
Men Are Not Superstitious,
Not at All! But They De-
cline to Defy Fate.
BY International News Service.


CHICAGO, March 27.-One by
one the illusions fall.
The hard-headed. successful and
also tired American business man
superstitious? Pooh, pooh! and
even bah!
And still direct evidence is hard
to overlook.
Thus it happened. Some few
days ago some one sent out a
"chain letter" which read: Copy
this and send it to nine people to
whom you wish good luck. The
chain was started by an American
officer and should go around the
world three times. Do it within
twenty-four hours, and after nine
days good luck will come. Do not
break the chain, for whoever does
will have bad luck"
Among its recipients were sew
eral Of the successful business men,
to wit: Harry B. Hurd, attorney:
H. J. Lorber, insurance broker;
Thomas Byrne, wealthy contractor;
w. r. Dawes, vice president Of the
Central Trust Company.
Mr.. Fallon, who, Of course, is not
superstitious, sent the copy Of the
letter to Walter Cahill. Of the Great
Lakes Dredge and Dock Company.
II think it's all damphool!' opined
Mr.. Hurd, but still-and he started
his nine copies>
Mr.. Lorber, in the insurance bust.
ness, which does not permit super
stition, turned the letter over to his
stenographer for the copies.
Perhaps after all--but, then, you
never can tell.
The Washington times., 1924-03-27
Telephone Net Increases.

Net income Of the Chesapeake &
Potomac Telephone Company last
month amounted to $119,909, &C.
cording to the monthly statement
of income filed yesterday with the
public utilities commission. This
was a decrease of $1,000 as COM
pared with the. preceding month,
but an increase Of $6,578 compared
with the corresponding period last
year. Total operating revenue last
month was $482,137, while total oper-
Ating expense was $324,340.
The Washington times., 1924-03-27
N. Y. Cotton Market.
Ry Coemopolltan News Service.

NEW YORK, March 27.-Cotton
futures were irregular ut the open
ing today, being from points
higher to points lower. Senti
ment was confused, the result Of
erratic Liverpool cables.
March opened at 27.00, up s
points; July at $3.50, off Q points;
August at 1886, up points, and
October at 24.00, off 8 points.
The Washington times., 1924-03-27
By FRANCIS H. SISSON,

vice President Guaranty Trust Company
New York
Written for Cosmopolitan News Service.
NEW YORK, March 27.-Condi.
tons in the American motor indus
try are essentially sound.
Last years schedule called for a
total production of 100000 cars,
but something over 4,0O0, 900 ma.
chimes were sold. OF the 1880 900
cars called for in 1924, no less than
100000 will be required for re.
placements and 100000 for export,
leaving 1,375,O0O for new commit.
ments; not formidable program
in the face Of past accomplishment
in the motor trade.
During an exceedingly active win.
ter the motor manufacturers pro.
duced more than the proportionate
share usually assigned to that sea-
son, February output being UNI
usually large. There has been an
excellent sale of closed models, but
OPCAA SaA d1lO opO1l AAOOSlSS OAS W
the bad weather, have not moved
so freely into consumptive channels.
Consequently some of the manufac-
turers are faced with fairly heavy
stocks Of open models, which will
move more easily in the warm
weather. Obviously. it is a wiser
policy to push production in the
winter months and to lay up a sur
plus, rather than risk a possible
shortage of cars in the summer. 1t
is easy to curtail production in the
summer should the occasion re-
quire it.
One thing in favor of the motor
companies is their small overhead
charges, due to the negligible
amount of their bond issues. Motor
companies with turnover Of
81, 500 900 900 last year have only
about $15,000,000 in outstanding
bonds. The automobile companies
are in good financial condition, and
so are the automobile financing
companies.
The Washington times., 1924-03-27
oil Stocks.

FURNISHED by w. B. Hibbs & Coz
The Washington times., 1924-03-27
5 asn n WORLD BUSINESS AND FINANCE
Local Stocks.
FURNISHED by w. b. Hibbs & Coz
SALES

0<AAE6s
Potomac Electric Gen. & Ref. Is,
$1,OOO@1O6N, 81, OOO@1O6A, $1,000
1861, 2,OO0@1O6%.
Capital Traction Company, 100
94h.
Washington Railway and Electric
preferred, 10@72ss, 1O@72%, 100
72$, 10@729s, 1O072%, 10@72%
10@72%, 1O@72%, 1O@72%, 10
@72S, 10@72as.
Washington Gas Light, 10@49$
10@49%.
After Call
Capital Traction IS. $2.500096%
Washington Railway and Electric
preferred, 2@72h, 10Q72$.
Washington Railway and Electric
preferred, 4@72K.
Money-Call loans, sos per cent.
Evening star., 1924-04-21
WANTED To nENT-HOOSES.

AT ONCE; LARGE HOUSE; CENTRALLY
located; suitable for legation and extensive
entertaining Address BOX 2a-B. Star office.
FURNISHED OR UNFURNISHED HOUSES
for summer months or longer; Cleveland Park
Chevy Chase.
RANDALL IT. HAGNER & Co,
l2W Connect crt ave. Main 9T0O.
HAVE DEMAND AT ALI. TIMES FROM
good tenants. List y0ur houses with
]. LEO kOI4B,
Real Estate and Insurance
923 New York Aye.-1237 Wis Ave
Main 5027 SWest lsi3
Evening star., 1924-04-21

BUSINESS PROPERTY BRINGING GOOD
returns, between 100000 and So, 900, for cash
purchaser. Address Box 2S-C, Star Office.
Evening star., 1924-04-21
sALE-SUBURBAN PROPERTY

$500 DOWN AND So PER MONTH BUYS
this new room ard bath bungalow in nearby
Md. elrc., pipeless furnace. sleeping porch:
corner lot. Price 81 80 Cail Mr. Dubois
Franklin saS.
Evening star., 1924-04-21
SALE-BUSINESs PROPERTY
GOLDSMITH & COMPANY.
BUSINESS PROPERTY DEPARTMENT.

PROPERTY
s. a
o.
o of the
0
u cast
GOLDSMITH & COMPANY
Main 1405I;
Evening star., 1924-04-21
RENT-FARMS.

FOR EXCHANGE
BUSINESS PROPERTY.
SIS 900
Near a business center northwest; new build
ing: leased to responsible tenant years at
81 100 per year: no expense for maintenance
except taxes and insurance: would exchange
for lot suitable for apartment house. MOORE
& HILL, INC, $50 18th st.
EXCHANGE.
Will trade modern s-room and bath semi
bungalow in convenient section of Takoma
Park, clear of incumbrance. for residence in
city proper or equity in business property. See
Mr.. FILL.
HEDGES & MIDDLETON. INC,
Realtors.
1884 st. NV. Franklin 9503.
A RESIDENCE OR BUSINESS PROPERTY
will be considered in exchange for a building
18th and Columbia road: has four desir-
able apartments of rooms each; space for
several garages. Price, 81 500
PRATHERi& ROBINSON,
514-515-515 Bond Bldg,
18th and n. Y. Ave.
Main 442.
Evening star., 1924-04-21

1908 Conn. Avenue NV.
4 rooms, recp. hall and bath. 90
11O6 Vermont Avenue NV.
rooms and bath. h............. $50. 90
/ room and bath tnon housekeeping) .s45. 90
2712 Wisconsin Avenue NV.
MASS. Avenue Heights).
High 1' Elevation, aeS commanding wonderful
view Of the city.
1909 Belmont Road NV.
9 Tssms rooms and and bath: bath: ss5 :ss5SS sS
1911 Vernon Street NV.
3 rooms rooms and and bath BAT -..........s:ssoo sso 80 80
rooms and oatn. SSOoo
1885 California Street NV.
3 and 4 rooms and bath. $50 to SO
1904 Vernon Street NV.
Gss Sss"' and sad eest Ssst light furnished Sps
faces on two streets.
141o N Street
(New, downtown apartment)
8 rooms and bath. $3.50 and $500
14I4 Chaplin street
(Adjoining Meridian Park).
rooms and bath $72 so
1919 3Oth Street NV.
(Near Montrose Park.
rooms rooms and and BATH: Ssth: sS5SS
MOORE & HILL, INC,
73O 18th Street NV.
The Presidential.
18th and L SITS.
Five rooms. foyer and two baths
The Jefferson.
1901 10th St.
Three rooms and bath.
Two rooms and bath.
The Maycroft.
1474 Columbia Rd.
Five rooms and bath, $135.
Three rooms and bath, SIS.
Two rooms and bath, $50.
Potomac Park Apartments.
21st and G SITS.
Three rooms and bath, $40 to $77.50.
Two rooms and bath, $50.
One room and bath, $40.
The Ashley.
2OSS 18th ST.
Five rooms and bath, newly decorated, $s5.
The Rodman.
36oS Connecticut Ave.
Four rooms and bath. $3.50.
Three rooms and bath, $65 to S7250.
361S Connecticut Ave.
Three rooms and bath, $65.
w. H. WEST COMPANY
VIM L. F. King-E. G.. Perry.
&1S 18th St. NJ
Evening star., 1924-04-21

NEW 4RGON AND BATH BUNGALOW:
r!c"-. a.n.i.. large lot: price, S3 $50; 500
down and $40 per month. Cali Mr.. Tice.
Franklin S9S
The Bismarck tribune., 1924-05-02
SAYS HARDING
DID NOT 0. K.
OIL LEASING
Assistant Secretary Says
Search Fails to Reveal
Any Such Approval

Washington, May "A search IN
the records of the interior depart
ment has failed to disclose that Pre-
sident Harding authorized Albert b.
Fall as interior secretary to lease
more than 5000 acres of land IN Ca
lifornia naval oil reserve No. t.
the Honolulu Oil Company, f. Z.
Finney, assistant secretary of the
interior, testified before the senate
oil committee.
Moreover, the witness said the
lease, which is to be the subject
later of a special investigat on by
the oil committee, had not been ap-
| proved by Edwin DENLY, secretary
of the navy, at the time it was exc
| cuted.
| Secretary Finney agreed with
| Senator Walsh of Montana, the com
mittee prosecutor, that the lease
would not be valid without the ap-
proval of the president as such ap-
proval is required under the terms
of the general leasing law.
| Reciting some of the circumstances
surrounding the granting of the
lease, Finney said that during ths
Wilson administration the Honolulu
Company had sought patents 10 the
land which it claimed in reserve No
IL. Secretary Lane gave the matter
careful consideration, he said, bu
did not act cat the request OF som'
Ione."