davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-01
s H D "
UPWARD
TREND
Heavy Accumulation of Buy
ing Orders Send Prices Up
in Early Trading
Internatlonal new Service.

NEW YORK, Dec. 1.-Another
heavy accumulation of buying or.
ders awaited the opening Of the
stock market today and the first
period was characterized by a lusty
scramble for stocks on the floor OF
the exchange. Opening prices in
practically every division of the
market We're higher, few of the
industrials and oils being the only
exceptions and losses as rule be-
ing smaller in Individual stocks
than the gains in others.
Motors, coppers equipments and
steel stocks responded to the same
factors which have been driving
prices forward in recent sessions.
Rising commodity prices, steady ex-
pansion in steel operations ana
larger output OF motor cars have
been stimulating heavy investment
in the securities of representative
companies, overshadowing in the
last two weeks the demand for rail
road stocks. Studebaker pushed up
to a new high for the year at AN
Kennecott, Anaconda and other cop
per shares sold fractionally higher
and speciaFties like Mallinson silk
also moved into new high levels.
Kansas City Southern was the
leader in the low-priced railroad
stocks. This stock which. gained
31s last week added 3 points more
In active trading today and sold at
a new high at 38. Frisco common,
Baltimore. and Ohio, Atchison, New
York Central made good records to-
day, but ieIere was considerable
lrregularity elsewhere in the rail.
road list, the st. Pauls being the
leaders in the downward movement.
While Rock Island, New Haven and
other low-priced shares reacted a
few points from the high of last
week.
The oil stocks started the week
with a downward price tendency,
which the announcement increased
of cents a gallon in the price
OF gasoline failed to relieve; but
there was no great pressure against
these stocks and recoveries were
staged in a number of them, with
Pure Oil the leader of the move
ment
The independent steel stocks en-
countered more opposition to their
forward movements today. Replo-
gle, after selling up to %, declined
to 20A and Crucible and Gulf
States were fractionally lower.
Cast Iron Pipe, Baldwin and Ameri.
can Can, the "big three indus.
trial leaders were conspicuously in
active and United States Steel lost
about one point from its opening
price.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-01
CURB BRANCH.
BANKING
URGED
Currency Comptroller Calls
for Sweeping Reforms to
Save U. s. System

Sweeping reforms in the bank
ing system of the United States
are essential that national banks
may be maintained as the back
bone Of the nations financial
structure, Comptroller of the
Currency Henry M. Dawes de-
clared in : his annual report to
Congress today.
Branch banking within the
Federal reserve system must be
curbed and national banks placed
on a competitive equality with
State banks or the system will
collapse, Dawes told Congress.
Urges Banking Bill.
To accomplish these results,
Dawes recommended enactment of
the pending McFadden- Pepper bank
ing bill, providing important
amendments to the national bank.
ing statutes.
Unless Congress provides legis.
lation to meet what is considered a.
banking crisis, Dawes said that
objections from the national bank.
ing system will take place within q
very few years to such an extent
as to reduce the system to q place
Of an unimportant factor in the
nations financial structure"
Citing results Of alleged In.
eQualities in intra-city banking be-
tween national and State banks,
Dawes declared that in Cleveland
and Detroit only three national
banks remain in operation, while
in New Orleans the number has
been cut to one.
Branch Banking.
Under Dawes plan national banks
would be prohibited from branch
banking except in States where
this system is permitted by law.
State banks practicing branch bank
ing would be barred from the Fed.
eral Reserve System except in
States where laws or practices per-
NIT the operation Of branches, &C.
cording to Dawes recommendation
to Congress. Neither national nor
State Federal Reserve Banks should,
under any circumstances, be per-
mitted to establish branches be-
yond the limit of the city Of the
parent institution, the comptroller
asserted.
state non-member banks with
branches may join the Federal Re-
serve System and bring with them
such branches as were established
prior to the date Of passage of the
proposed McFadden-Pepper BILL"
Dawes continued.
SHOULD any State which does not
now permit branch banking, after
passage of this bill, enact legisla-
ton which will permit the estab-
lishment Of branches, national
banks shall not have their facilities
extended by such legislation.
State banks shall not be per-
privileges and retain eligibility for
membership in the Federal Reserve
System"
Granting Of Charters.
National banks should be granted
1ndeterminate charters instead of
the nintey mine year charters as un.
der the present law. Dawes said.
He recommended that the law be
amended to authorize the chartering
Of national banks in outlying dis
tricts of cities OF over $4,000 popula-
ton with a capital of 100000. The
present act prohibits chartering Of
national banks in cities Of this size
with capital less than 100000.
Legislation suggested, according to
Dawes, involves no unfair or dis
criminatory provisions against State
banks and trust companies.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-01
Foreign Bonds
Chicago Live Stock

CHICAGO, Dec. There were
$4,000 hogs received which was
only little short Of the record.
Demand turned out strong enough
to hold the best heavy hogs steady
with top at $50, but most of the
light and underweights were 10@15
cents lower. Shippers were re-
sronsible for the better tone in the
market.
Cattle of the best quality sold
steady to strong, and others were
on the down grade. Fancy show
ycerlings brought 1850. Cows and
heifers were steady to Is cents
lower. Bulls sold weaker, and calves
were mostly % cents lower. Feeders
scld stronger.
Sheep were quoted steady to
strong. There was a good outlet
for fat lambs,
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-01
BANKERS OFFER
MANY NEW
ISSUES
State, Railroad and Real Es-
tate Bonds Placed on
Market

NEW YORK, Dec. IA new
issue Of SIG 100000 State of North
Carolina Az per cent highway
bonds is being offered by a bank.
ing group headed by the First
National Bank. The syndicate in.
cludes Bankers Trust Co., William
r. Compton Co., B. ]. Van Ingen
& Coz, e. H. Rollins & Sons, Horn.
blower & Weeks, Redmond & Co.,
Eldredge & Co., Kissel, Kinnicutt
& Co., the Detroit Co., Inc, Blod-
gett & Co.. Curtis & Sanger, East
man, Dillon & Co., F. E. Calkins
& Co., Taylor, Ewart & Co., Inc,
and Wachovia Bank & Trust Co.
The issuance Of. these bonds will
complete the sale, except for
$e,000,000 notes of early maturity,
Of the 65,00O,000 authorized under
the program of highway construc-
ton begun in 1921, which has been
an important factor in the pros.
perity of the State. The bonds are
free from all Federal income taxes,
exempt from all taxation in North
Carolina and legal investment for
savings banks and trust funds in
New York and other States. Dated
January /, 1928, and due $500 900
annually January 1, 1885 to 1864.
They are priced to yield 4.S5 per
cent for all maturities to 1916 and
4.40 per cent for subsequent
maturities.
$6,OOO,OOO N. & w. II. r. As.
The Guaranty Co. OF New York
is offering today $4,000, 900 Norfolk
& Western Railway Co. divisional
first lien and general mortgage 4
per cent bonds, due July /, 1914,
at SEX and accrued interest. to
yield 4.81 per cent. The issuance
of these bonds is subject to authori-
zation by the Interstate Commerce
Commission.
The Norfolk & Western Railway
Co. operates about 1900 miles Of
road, its main line extending from
the bituminous coal fields Of Vir-
ginia, West Virginia and Kentucky,
westward to Cincinnati and Colum.
bus, Ohio, and eastward to tide
water at Norfolk, Va. The pro
ceeds of these bonds will be ap.
piled to reimburse the company for
capital expenditures and additions
and betterments. The company's
income during the ten years ended
December 81, 1923, averaged about
times all charges, and in no year
during that period was it's income
less than tx all charges. For the
ten months ended October 81, 1924,
operating revenues were $77,271 ,678,
as compared with $79,214,241 for the
same period of 1928, and net after
taxes, etc, was $13,313,9SS, as com.
pared with $13,013,954; it is esti.
mated that income for the year 1924
will be about three times charges
for. the year.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-01
Foreign Exchange

New York funds in Montreal 62A
premium a $1,000.
Montreal funds in New York SAX dis
count a 81 900
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-01
Chicago Grain Market

CHICAGO. Dec. 1.--Grains were
higher at the opening here today.
Wheat started u to cent higher
with a rush to buy on the higher
cables, Prices eased after the start.
Corn opened u to cent higher
with commission houses buying and
offerings small.
Oats started unchanged to q
cents higher. Trade was fairly
large.
Provisions started strong with
packers buying.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-01
New York Cotton Market
BY International News Service.

NEW YORK, Dec. Cotton
prices were steady at the opening
Of the market today with the first
prices to 10 points lower Decem.
Der opened at 23.15, down 10 points:
January at 1882, down z; and
March 1866, down II.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-01

LIVERPOOL, Dec. Fair de.
mand for spots; prices easy; sales,
5000 bales.
Mids fair 1452; strict good mids
1902 good mids 1867; strict mids
1347; mids 1922; strict low 1897; low
1247; strict good ordinary 1907; good
ordinary 1147. Futures steady.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-01
Telenhone Earnings

Net earnings of the Chesapeake
and Potomac Telephone Company
for the month of October showed a
decided increase as compared with
the same month of last year, ac-
cording to the monthly earnings
statement filled with the Public
Utilities Commission today.
Total operating revenue for the
month amounted to $512,960 and net
income, after deducting all ex-
penses, taxes, etc, amounted to
$125,975. Net income of the COM
pany for October 1928 was $780,
062.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-01
LATEST NEWS AND QUOTATIONS OF THE FINANCIAL MARKETS
Local stoeks
sALES.

SALES.
Capital Traction Ss. 1,OOO0Ss, 500
Washington Gas IS, 500@9S.
District National Bank, S0I67.
Lanston Monotype, 1O@77ss, 100
TIN, '10@771s, 6@775z.
National M. & Inc, pfd., 5000.
AFTER CALL.
Capital Traction IS, 1.OO0Oss.
Riggs Realty longs IS, 5O0@g6.
Riggs National Bank, 10000,
$4,000.
Capital Traction Co., 1923.
MONEY.
Call loans, 506 per cent.
Evening star., 1924-11-07

palms and claimed, OF course. for
Spain. This was Americas reply to
the Dutch, but meanwhile the Stars
and Stripes had been almost imme-
: ltely pulled down at the little port,
the Dutch flag raised again and the
Dutch coat OF arms placed on the
gable of the tribal meeting house.
Matters dragged back and forth
leisurely enough until 1916. when an
American naval vessel visiting Las
Palmas, thinking the Dutch flag over
American territory anomalous. pulled
Il down and raiseed the proper coll
ors. 1t was about the time several
Dutch commercial ships laden with
European cargoeS were seized In
Manila Bay, and tho news OF the two
events reached Holland simultaneous
ly. Naturally they aroused vigorous
protest. and then 1t was that the
Dutch insisted the United States arbi-
trate at The Hague-the Dutch to
choose one member of a board of
three, America one and the two to
choose a third-and the proposal was
firmly refused by the State Depart
ment at Washington
When, however. Capt. Malone of the
Philippine constabulary made an inspec-
tion trip in 1879 from Zamboanga to
Las Palmas, lowered the Dutch colors
and raised the American after Wash
ington heard of it, the State Department
served notice upon the Philippine
government not to concern itself with
Las Palmas matters-that they would
be handled at Washington. SO things
rest today. nGov. Wood had dele
gated authority from the State De-
partment when he visited Java to
talk over Las Palmas affairs. and
similarly Foch officially represented
his sovereign when he came to
Manila The report which Gov. Wood
makes will likely be accepted In
Washington as the final attitude Of
the United States. zap. with its cable
station (another use to which, with
radio possibilities besides, Las Pal
mas is adapted), is not the only speck
on the map of the Eastern seas made
internationally important by its very
existence.
Las Palmas apparently has the gov
ernment Of a benevolent tyrant, the
Evening star., 1924-11-07
DIsC0URTESY TO CHURCH
DlSAVOWED BY HERRIOT|
Papa1 Nuncio Told Cabinet Min
ister's Speech Not Intended
as Criticism.
By the Associated Press.

By the Associated Press.
PARIS, November THE tension
created by the recent speech Of Min
lister OF Education Albert. in which
he was understood to have criticized
Mgr. Beneventura' Cerretti. the papal
nuncio. was relieved yesterday when
Mgr. Cerretu called at the foreign
Office and received from Premier Her
was meant.
Premier Herriot told Mgr. Cerretti
that the French government was par
ticularly desirous Of respecting diplo-
matte usage. The representative of
the Vatican declared he was satisfied
with the premier's statement OF the
case. and the incident was thereby
believed ended.
Evening star., 1924-11-07
CASH PRIZE FOR SAVANT
DOUBLED BY INVESTMENT
French Institute Now Can MAKE
Two Awards for
Discoveries.
By the Associated Press.

By the Associa ted Press.
PARIS, November 7.-Thanks to the
judicious investment of capital. the
committee charged with proposing
to the French institute a candidate
for the triennial Osiris prize, given
for the most remarkable. discovery
or work in science, literature, art
or industry, has found 275,000 francs
available instead of the stipulated
100000.
Consequently, it is proposed to give
two prizes of 100000 francs each,
the recipientso to be Prof. Charles
Fabry. eminent physicist Of Paris Uni
versity, and Jean Richepin, the poet.
Evening star., 1924-11-07

officials there. Laws are tribal and
the chief progressive. Streets are
clean, houses we'll built and comfort
able, sanitation and schools we'll ad-
ministered. Save for being IL miles
off the mouth Of Davao Gulf, there is
no reason why Las Palmas should not
continue under the Dutch, those who
were in Gov. Woods inspection party
say.
Copyright. 1924. BY Chicago Daily News CO..
Evening star., 1924-11-07

police believe, Of . bootleggers feud.
The negro, George H Bell, was
shot dead and Frederick Nordser is
in critical condition at a hospital.
Bernard Tagliavi, 36. one OF six men
arrested and charged with completely
In the affair, was identified by Nord-
ser as the man who shot Bell and
himself.
Evening star., 1924-11-07
KILLING LAID TO BOOTLEG,
Negro Dead and White Man
Wounded in Baltimore ARRAY.

BALTIMORE. Nd, November IA
negro was killed and q white man
was dangerously wounded in a shoot
ing ARRAY at Lexington and Pearl
streets late last night, the result.
The Challis messenger. (Challis, Idaho) 1912-current, 1924-09-24
Cabinet Protects Coils
From Dust and Moisture

Don't expose the coils and con.
densers of your radio set TO dust anc
moisture If you are DESTROYS of saw.
ing yourself lot of trouble and an
noyance- Very often they are RESPONSE
Bile for the condenser becoming short
circuited- Keep all coils and con.
densers covered. A fine way to be surf
Of doing this is TO install the outfit in
cabinet. Those who already have
their set in cabinet will profit by
keeping it there Many radio enthu.
siasts during the course of their ex-
perimentations with this thing and
that neglect this point. with the result
that the set may be out of its cabinet
for a week or more. While this may
not seem so long. 1t Is really long
enough to allow sufficient amount Of
moisture and dust to collect on the
various parts so as to do a good deal
Of harm. II you are going to allow
your coils to become moisture soaked
they might just as we'll be wound with
non-inSulated wire. Moisture is an ex
cellent conductor OF the very weak
electrical currents that are flowing
through the set.
The Challis messenger. (Challis, Idaho) 1912-current, 1924-09-24

1T used to be the American girl
who was regarded as sophisticated to
a degree" remarked Henri de Brille.
the Partisan dilettante. but since the
war has left Europe with a ratio Of
twenty women to every man. things
are different and continental romance
isn't what il used TO be.
quite recently, at Nice. 1 over.
heard the following:
"T never loved anyone but you
"'Nonsense .
"'You are the light of my life
Tive heard that before
"T can't live without YOU
Foolish talk
"'If could only tell you how much
love your
Think Of something new
"Will you marry mer
"Welll Now you're talking
The Challis messenger. (Challis, Idaho) 1912-current, 1924-09-24
No PriUacy These DAYS

A fapper and her best bog wen
seated alone together On the sofa Lis
.eniiz in for the first time with th<
satters new wireless set Nor did the
fact that both Of them were wearing
their headphOnes prevent them from
>natching an occasional kiss Just N
they were in the middle Of one par
dculariy longdraTn-out embrace came
The title Of the next song Take
Those Lips Away -Oh George
gasped the girl as she drew back.
bIushing -Oh, George. they can see
usr
The Challis messenger. (Challis, Idaho) 1912-current, 1924-09-24

with thread at one end to fit brass
nut.
Two small brass springs 1a-inch
long to fit shafts.
Four small brass wood screws.
Two brass strips with small holes at
each end and large hole in middle to
fit shafts.
The above specifications must be fol-
lowed or it will be impossible to con-
struct the variocoupler.
On the S-inch tube wind so turns of
No. % D. c. c. wire. taking off tap
every s turns for Ga turns. and then a
tap off every second turn for 16 turns,
starting 4 inch away from one end of
the tube as shown in Fig. 1.
A quarter of an inch away from this
winding drill hole on each side of
the tube 10 fit the shafts specified. A
The Challis messenger. (Challis, Idaho) 1912-current, 1924-09-24

possible to get it on with No. % D.
c. G. wire, but be sure that the two
sides are balanced with an equal num-
Der of turns for proper celebration of
the set afterward- This completes the
rotor.
The solid rod is unscrewed from the
rotor, the rotor ball is placed into the
stator tube and the hollow shaft carry
ing the leads is pushed through the
lowest hole. Then the solid rod is in
serted In the opposite hole from the
outside of the tube and screwed into
the nut in its former position The
brass springs are placed on both sides
to keep the rotor in the center. Refer
to Fig. 2.
The completed variocoupler Is now
hooked up in the set. The set is tried
for few days and the results noted
carefully. Then the rotor is removed
and placed into the next two holes
farther away from the winding. Sc
lectivity will surely increase The
rotor is again changed, and then again.
until all the holes have been tried and
the best ones for each particular kind
of work have been found.
This experimentation necessitates
long leads from the rotor and the bind
ing posts on the parts to which the
leads are connected
This variocoupler is so flexible thet
for distance work, the very top holes
give the best results. and all Others
have their advantages down TO the
very bottom hole. which is supreme
for the locals. The changes take less
than five minutes.-New York Globe.
The Challis messenger. (Challis, Idaho) 1912-current, 1924-09-24
8Z&y 2HS&
Douglas wardrop of Merchandisns)
Placing
mated.

With the average neutrodyne re-
ceiver, local stations. as rule, come
In with tremendous volume, and one
or more stages Of radio frequency am
plification could be dispensed with and
good results still obtained. Regularly.
1t Is not good practice to use any ar
rangement in radio frequency cir
cult to control the separate stages,
but In neutrodyne circuit this can be
done. without loss of efficiency. The
accompanying diagram shows the
method used. Two extra binding pests
are employed and are connected to the
middle tap on the secondaries Of the
neutroformers, as shown. These bind
The Challis messenger. (Challis, Idaho) 1912-current, 1924-09-24
CAP "a
AND%y
Bell "a
HER FAVORITE DOG

Ny wife wants a dog, but forgot
the breed"
Think 1t over. SIR" suggested the
salesman If you don't get the right
breed she Will be angry"
Nobody knows that better than 1
do. l have II Ii was a Wind
glen"
IL was then the saIesman's turn to
study.
Finally he said: Il guess you want
an Airedale-
The Challis messenger. (Challis, Idaho) 1912-current, 1924-09-24

soldered to it permanently. The 1e1-
ible rotor leads are run through this
tube.
The brass nut into which the solid
brass shaft is to be screwed Is then
pushed into the wood ball, which must
be previously cut to hold It The nut
Is timed and the brass strip soldered
to 1t and held down permanently by
strip is on the outside. Refer to Fig. 3.
Now on the ball wind every turn
The Challis messenger. (Challis, Idaho) 1912-current, 1924-09-24
Do Not Tap Coils

In this day of improved tuners Is
would be well for the fan to know that
tapped coil is far from efficient
Tapping coil Introduces what IL
known as dead-end loss into the cir
cult. This loss Is detrimental to tn,
operation Of receiver and can b.
eliminated easily. A coil should be
used without taps and good low losa
condenser employed to obtain a wave
length variation
The Challis messenger. (Challis, Idaho) 1912-current, 1924-09-24

hard rubber strip mounted on the rear
Of the Dashboard or may be placed d.
rectly on the front Of the panel. By
connecting the antenna to either OF
these binding posts, the detector alone,
or one stage Of radio frequency ampli-
fication, may be employed. The ground
is always left on the original binding
posts. 1t might be preferable to use
a three-point switch on the face Of the
panel for this purpose, instead Of the
binding posts. In this way any stage
Of radio frequency may be cut out by
turn OF the switch, and 1t would be
unnecessary TO change the antenna
from one binding post to another.
The Challis messenger. (Challis, Idaho) 1912-current, 1924-09-24
Parts Needed for
Flexible Coupler
Specifications for Construc-
ton of Attachment for
Experimental Work.
BY PETER MOMBELLO

Most variocouplers on the market
today are not very flexible and their
degree Of selectivity cannot be varied
to obtain the best results from every
hookup. The variocoupler described
below is the best that can be made to-
day. Purchase the following parts:
One-half pound Of No. % D. G. G.
wire.
One hard rubber tube 8 inches long
and inches in diameter.
One 3-inch rotor ball (this should
be in the form Of a sphere and not a
tube).
One hollow brass shaft A-inch In
diameter. IL inches long.
One square brass nut with A-inch
threaded hole.
One solid brass rod 21s inches long
The Challis messenger. (Challis, Idaho) 1912-current, 1924-09-24
Science and Hope

Are you interested in psyche
snalysisf"
VERY much,7 replied Miss Cayenne
My hope Is that the science viii be
perfected so that II will be useful In
preventing unfortunate occurrences
Instead Of explaining them after 1t II
too late-"-Washington Star.
The Challis messenger. (Challis, Idaho) 1912-current, 1924-09-24

This article says the early Romans
and Egyptians used a safefypin very
much like the kind We use today"
remarked Mrs Crouch
-HuhI' growled her husband -eyf-
IDENTIFY wives in those days weren't
any better at sewing on buttons than
they are today"
The Challis messenger. (Challis, Idaho) 1912-current, 1924-09-24
Farm Children

The farm population OF the nation.
Though less than 30 per cent OF the
total is carrying more than % per
cent of the child population says q
United States bulletin The farm II
charged with the duty Of educating
this excess of youth snd turning II
over to the cities at the producing age.