davidaulloa/AmericanStories huggingface dataset:
Evening star., 1924-08-23
EVERYMAN'S
INVESTMENTS
BY GEORGE T. HUGHES.
WHAT SPECULATION INVOLVES
Sixtieth Article.


ment advisers may say, some people
insist upon speculating. Now as to
the morality of speculation, opinions
may differ. 1t is not my purpose to
discuss that point. l do want to point
out, however, some of the conse-
quences of embarking upon a specu-
lative venture. Possibly | may be
able to help some one decide whether
or not he can afford this luxury or
whether it would be better for him
to confine himself to the investment
field.
All Spectators Lose.
In the first place then, speculation
invariably involves loss. All specu-
lators lose, not always, but often. The
best that can be hoped for is that
the profits will overbalance the
losses. 1t follows then, that under no
circumstances should a speculative
commitment be entered upon if you
cannot afford a loss. In the very
nature of things every opportunity
for speculative profits involves the
possibility of speculative loss. If
there were anything sure about a
speculation it would not be one. 1t
is also evident that speculation is
only for those commanding consider
able capital. A man of limited means
may have his entire resources wiped
out by one unfortunate venture
Phe second thing is that there must
be not only the financial ability to
accept losses, but there must be the
temperament that is willing to take
losses. This is very rare. Few men
have it and it is probably the chief
reason why there are so few success
full spectators. To illustrate a
speculator buys a stock in the expec-
tation that it will advance in market
price and he will be able to sell it
to somebody else at profit. The
market goes against him and the
stock declines If he is ever to sue
ceed in this field where success is SC
| infrequent he must and without hesi-
| tration at once sell out and pocket the
| loss. The market has proved that his
| opinion was incorrect. AS one OF
the most widely known Wall stree,
| spectators has sagely remarked
there is no profit in being wrong
Not to act on this rule will be fatal
nine cases out of ten.
When to Take Profits.
If, on the other hand, it should hap
pen that his original judgment was
correct and his stock advances and
a profit appears, the rule is to let ii
| run. In this happy event the specu-
| lator's opinion has been justified by
| the market He must get all possible
out of it to compensate himself for
| the loss that will come sooner OF
later on some subsequent enterprise
Here. too, the average man fails. He
reaches out eagerly for the small
profit when he would have been con-
| tent to await the large loss. There
are other qualifications which a spec
ulator must possess to succeed, but to
point out these will suffice for the
| present. If you still think you can
| win where the great majority lose go
| ahead, but at your own risk.
Copyright, 1924. by Consolidated Press.)
Evening star., 1924-08-23
RATES ON BAR SILVER,

LONDON, August 23.-Bar silver,
"a 5-16d per ounce. Money, 2& per
cent. Discount rates-Short and three
months bills, 3X per cent.
NEW YORK, August 23.-Bar sill
yer, 68h; Mexican dollars. 52H.
Evening star., 1924-08-23

Opening: October, "A SO: December, q IS:
January, % 90; March, % bid; May, 2j.1S
bid.
Evening star., 1924-08-23

Prices in New Orleans.
NEW ORLEANS. August 23.-The
cotton market opened quiet today
with little disposition to trade in ad-
vance of the bureau report due at
II o'clock, which was after the mar
kets closed. First trades showed
losses of IL to II points and prices
eased off a little more imm mediately
after the call with October trading at
2490, December at 24.9S and January
at $500, or 13 to IT points net lower,
The market then became dull, ftuctu-
ating aimlessly within a few points
The average guess of 81 members OF
the New Orleans exchange on the
condition was 64.9.
Cotton futures closed steady at net
donlix,o Laf "a tc
Evening star., 1924-08-23
POULTRY IS LOWER.

CHICAGO, August 23.-Poultry
alive, lower. fowls. 17a22; springs. 26;
roosters, Is.
Evening star., 1924-08-23
BOSTON STOCK MARKET.

BOSTON, August 23.-Following is
a list of today's highest, lowest and
closing prices for the most active
stocks dealt in here:
Evening star., 1924-08-23
CHICAGO STOCK MARKET.

CHICAGO, August 23.-FolloWing e
is a report of today's sales, high, low
and closing quotations at the Chicago
Stock Exchange:
Evening star., 1924-08-23
JULY TELEPHONE
EARNINGS HIGHER
Reports Shows $4,000 Gain
Over Same Month Last
Year-Notes.
BY CHAs. p. SHAEFFER.

Net income of the Chesa peake and
Potomac Telephone Company for July.
1924, amounted to S92,6S9. This sum
represents a gain of approximately
$4,000 over the sS7,49 reported for
the corresponding period Of last year.
but shows materioI decrease from
JuneS figures, when $116,099 was re-
ported
Fluctuations in operating revenue
appear to be entirely responsible for the
varying incomes. In July of this year
this item amounted to S46S,614, as
against s43S.l23 in July of last year,
and with S4S2,729 in June, 1924.
Operating expenses for the month
totaled $341,496, with taxes assignable
to operations and uncollectable aggre-
eating $34,263.
Plant equipment added during the
first months of the present calendar
year amounted to S1.455,649, with re.
trements totaling S456,907
Treasury Financing Near.
Local financiers who usually prove
adept at forecasting national finan-
cial matters expect the Treasury De-
partment to offer new obligation
about the middle of next month. On
that date $377,6Sl,000 of Treasury
notes fall due. The third installmenS
of Federal income taxes are also due
on the fifteenth. but the anticipated
payments Will be considerably less
than estimates submitted the first Of
the year, due to the IesSened levy.
The consensus points to a possible
hotaton of three-year notes and, if a
favorable money market exists it is,
believed Mr.. Mellon will refinance
as much of outstanding Indebtedness
as is practicable al that time
If the existing money market
should obtain at that time. d rate
Of from 23s to , per cent is looked
for.
Evening star., 1924-08-23
DIVIDENDS.

The waxy coating on the skin of an
apple contains considerable paraffin.
Evening star., 1924-08-23
Treasury Financing Near.
Unlisted Securities Prices.

The following latest bid" and
asked" prices for unlisted securities
are quoted for the guidance of hold
ers of these issues:
Evening star., 1924-08-23
sOdd lots,

sOdd lots.
tPartly extra. Payable in preferred stock.
Dividend rates given in the above table
are the annual cash payments based on the
latest quarterly or half-yeary declarati tions
Unless otherwise noted. extra or special
dividends are not included.
Evening star., 1924-08-23
Prices i'm New Orleans.

Opening: October. $50: December, % .2
January, 25.35; March. 25.5S May, 25.75.
Evening star., 1924-08-23

tOIlOH IuIuTtS CIOstu SIeduE at ne
decline of &c to Al points.
The Washington times., 1924-09-11
For the Home

Curtain Drapery and Upholstery Fabrics,
in remnant lengths: 25c to $1.95 values
in two special assortments-
25c to Csc values, a yard. 15c
75c to $1.95 value, a yard. 4Oc
-23 pairs Sample Rope Portieres,
slightly soiled 1896 to 1896 60 M
values. Special. NEUTRALITY-SUSPICIOUS.. W@"VV
Ills pairs Scrim Curtains, in 7Eo
ruffled style; 1925 value. Special. SON
rs Cretonne Bar Harbor Chair Cushions,
nicely tufted, large size; $1.45 Or
value special. ..........t..........
300 yards Reversible Terry Cretonnes, SO
inches wide, in large remnant E7o
lengths; 95c value. Special, yard. wv
so Attractive Door Panels. mounted on
fine bobbinet, with applique motif
centers; $195 to 1926 values. CT Tx
special ......................
-2S Genuine Red Cedar Chests, nicely
finished. fitted with lock, key, cedar han
dies and strong casters; $2495 GIG S1
value. Special, pair. ........... WAO"OV
--$1.25 to $500 Lace Curtain Strips sales
mems samples. Assorted patterns. Coo
Special, strip NEUTRALITY-SUSPICIOUS.. WV
-S5 Reversible Oriental Striped @1 E(1
Couch Covers. Special ......... VA'VV
Ills Round Velour Pillows In
figured designs; $2.45 values 01 %
special ...................
--DoubIe-faced Velour Portieres, in various
color combinations, made with New York
S SDs1 or French edge borders, S15.T
Kann's-Third Floor.
The Washington times., 1924-09-11
ESTRANCED WIFE SOBS
OVER HUSBAND SHE SHOT

EASTON, Pa, Sept. 11.--Saying
she coold no longer stand the
abuse and neglect Of her husband,
William Grouse. forty-four, a lie.
high Valley Railroad conductor,
Mrs. Alma Pyscher Grouse, his
twenty-two-year-old wife shot and
probably fatally wounded him. He
Is in the Easton Hospital with q .?2
calibre bullet wound through his
stomach. Mrs. Grouse, who will
soon become a mother, has been
separated from her husband for he
tween three and four months, and
has been living with her sister in
Bangor.
She purchased revolver NJ a
Bangor store, came to Easton,
stayed at the local Y w. c. A. and
then went out for a walk. She lind
just enough money to buy two buns
for a lunch and forty-two cents to
pay her carfare back to Bangor
AS she came out of the store
where she bought the buns she saw
her husband, accosted him, and he
started to ridicule her. She then
drew the revolver and fired. When
her husband fell she repented.
Selling him around the waist she
stroked his hair, crying and sobbing
and asking why did do .itl''
She claims her husband had been
annoying her, calling her on the
telephone, abusing her and making
fun Of her. He gave her no money
she says and she was in such
state of mind that she could not
stand it any longer. The couple
were married hast February.
The Washington times., 1924-09-11
NEW YORK MAY.
SUE j. S.F0R
MILLIONS
State Plans to Recover Tax
Payments of $4,000, 900
Made In Sixties
BY International News service.

ALBANY, N. Y, Sept. i'll
Preparations were made yesterday
by Attorney General Carl Sherman
to bring suit against the Federal
Government. IL the consent Of the
Congress can be secured. to recover
$4,000, 900 in personal income taxes
collected by the Government in
1856, 1867, and 1868.
With the approval Of Governor
Smith. Sherman appointed George
Gordon Battle, of New York. and
former Attorney Genetal Charles ID.
Newton, Of Geneses. as special
deputies to begin the action.
After the Federal Government
had collected $50, 0O0, 900 In personal
taxes from New York State resi-
dents, the United States Supreme
Court declared the law unconstitu.
tional.
The case will be brorgh. in the
Federal Court of Claims, If Con-
gress consents, Sherman said
IF we are successful in this ac-
ton the State will make an honest
effort to return the money TO tho
The Washington times., 1924-09-11
ROTARY MONEY.
MAY ASSIST
HOSPITAL.
Suggest Christmas Fund Be
Contributed to ChiIdren's
Welfare

Recommendation that the Rotary
Club contribute its annual Christ
mas fund this year to the Children's
Hospital was made by the commit
tee on the Christmas fund at the
weekly luncheon meeting Of the
club yesterday.
Further recommendation that the
club take over the entire expense
of the free clinic Of the hospital
for a period of five years was made
by John Let's, chairman Of the
hospital.
Mr.. Let's announced his Wiling
ness Of personally subscribing one
fifth of the amount needed for this
purpose. The remainder could be
raised among the other members
Of tn eclub, he explained.
All of the recommendation were
submitted to the board Of governors
for their consideration.
James Madden. Of the Babson In.
stitute. addressed the club on Pre-
venting Panics." Rotary Clubs Of
the United States could so conduct
the nations business, he said, that
any panic could be forestalled.
Mr.. Madden cautioned the bust.
i,ess men among his hearers against
too much narrow mindedness in.
their business, and against u dollar
psychology"
Musical numbers were played by
Robetr F.. Clark, trombone soloist
Of the United States Marine Band.
The Washington times., 1924-09-11
Flower Boxes and
CrOquet Sets

so Wooden Flower Boxes, painted green,
50 80 inches long. Regularly 1925 SOC
80 Croquet Sets, consisting Of balls,
mallets, galvanized arches stakes and
book Of instructions. Packed in
wooden box. Regulrly S2.45. 81 Ok
0peEldAs ssSsssssss
Kanns-Fourth Floor.
The Washington times., 1924-09-11
Art Goods

An assortment Of stamped pieces. 1(lO
-Women's Stamped Dresses. of checked
ginghans, also a few in plain Coo
Royal Society Embroidery Floss, in S0
odd shades and sizes. A dozen skeins ~
Large Size Uncovered Pillows. In round
and square shapes Slightly soiled. 7SC
ssssssssssss
Kann's-Fourth Floor.
The Washington times., 1924-09-11
COOLIDGE WILL ADDRESS
MASONIC MEETING HERE

President Coolidge has accepted
an invitation to address the Sunday
afternoon meeting at Temple
Heights, at Connecticut and Florida
avenues, on September 81.
A Masonic delegation called upon
the President to extend him the
invitation today.
furloongs.
The Washington times., 1924-09-11
INTIMATE FRIEND OF
EMPRESS EUGENE DIES

PARIS, Sept. 1.-THE Duchess de
Mouchy, intimate friend Of Empress
Eugene and one Of the last surviv.
ors Of the famous Tuileries court, is
dead. She was a granddaughter Of
Napoleon'S marshal, Murat.
The Washington times., 1924-09-11
q White Goods

--S6.inch Striped or Checked Dimities, Of
fine and sheer quality. Special, 99c
yaro. ........... NEUTRALITY-SUSPICIOUS..
----4oinch Plain white Wolfe, with nice,
soft finish and good weight 9EN
Special. a yard. OBSERVATION-DISCLOSURES. VO~
Kann's--Street Floor.
The Washington times., 1924-09-11
YESTERDAYS FINES AND FoRFEITURES

heirs of the persons who paid these
taxes" the attorney general aided.
1t is planned to have at least half
q dozen other States In which
similar taxes were collected to join
with New York State in the action.
The Washington times., 1924-09-11
Girls Knitted Capes

Youthful affairs prettly knitted and
have brushed wool collars. Pink, powder
blue. green. tan and white shades; some
trimmed with contrasting stripes. 60 %
Sizes 8 to IL years. Special. VA'UO
Kann's-Second. Floor.
The Washington times., 1924-09-11

Above three Of the styles picked random from the lot
and therefore representative The other styles
equally smart Simplicity is the keynote Of the trimming and
the shapes decidedly and different.
No matter how many Fall hats you you will want
of these smart little hats which combine sports style
real utility Ksnns-seond Floor
The Washington times., 1924-09-11
Small Lots of
Bedspreads
Luggage

q Regular Size Wardrobe Trunks, equip
ped with garment hangers, laundry bag,
shoe pocket, hat compartment
and drawer sections. $2445 &17 %
value Tor .....................
% Open Raised.top Wardrobe Trunks,
equipped with garment hangers, clothes
retainer, laundry bag, shoe box, hat COM
partment, drawer section and col M !
locking bar. $27.s5 value for, WHA"UV
LA Hat Boxes, in round and square
shapes. The round boxes are bound n
black or russell. Three Sizes Reg co ~
ularly $500 Special. ........... VOSOS
-15 Black Enamel Suit Cases, fitted with
tray, shirred top pocket, long outside
straps. leather corners. good
catches and lock; "a and 26 @S IN
HIGH SLICES .s...ss.s...'..s
Ill Double Strap Travelling Bags leather
lined: stitched corners. double handles lin
smooth tan or black cowhide; co OK
1S-inch size; $500 value fOr.... UO'OO
Kann's-rThird Floor.
The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1924-06-19

pan of cold water, and that water
will be suitable for rinsing and cool
ing the parts scalded or washed with
warm water. All compartments of
the refrigerator may have to be
emptied for the cleaning, but it is
not necessary to keep the doors open
while the drain tubes and other NOV
able parts are being washed and
cooled ready to be put back in. II
you will do a little planning on this
matter you will find it very interest
ing and it will help to reduce your
ice bills.
Now as to the odors in the ice box,
those arising from the storage of
foods, if your refrigerator has diff
ferent compartments, sort up your
foods so that such things as milk
and butter and things that absorb
odors will not be in the same COM
partment with things that give off
odors. A cantaloupe, for instance,
will spoil milk by giving its odor,
but if you must keep them in the
same compartment, wrap the canta-
loupe in a damp cloth and then wrap
it in paper as close as you can.
Wrap the butter in a butterwrapper
and then put a wet cloth all about
it, If the butter is on a plate, lay
the wet cloth over it and have it
fit the lower surface or bottom of the
plate as closely as possible. Odors
attack milk and milk products, but
they do not seem to like going thru
water or dampness to get to them.
People who are inexperienced with
refrigerators and do not understand
how RI save the ire and who do not
know about managing the Odors and
the necessity for cleansing, have
given up in despair sometimes when
all they needed was some informa-
ton like we are giving you now.
You may not think you need this in
formation because you have no ice
box in your house, but some friends
of yours may invite you to come
over and take care of and enjoy their
home while they go away for the
summer or for vacation, and you
may accept and go about it in fond
anticipation of a good time. Suppose
they have fine refrigerator and you
don't know how to take care of it,
and it gets awfully foul and you can't
eat anything that has been in it, and
you abandon it and let the filth dry
up in the drain tubes so that instead
of responding quickly to soap and
hot water the owner has to resort to
chemicals and is thinking i'll of you
all the time she is restoring it to
sanitary condition Well, that will
not happen, now that we have given
you all this wisdom on refrigeration
and how to beat the ice man, There's
no charge, thank you.
The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1924-06-19
MORELAND
Received June 10, 1924.

|
Mrs. Edward Benson and children
! returned Monday from their trip to
the mountains.
Ralph Robbins made trip to
Blackfoot Monday for supplies for
the Farnsworth store
Mrs. Walter Morrell and daughter
have returned from visit to Utah.
Mrs. Susie England and Mrs. Vio-
let Christensen were visitors at the
home of Mrs Ida Mcbride Tuesday.
The visit of the poultry special
to Moreland last Monday was much
appreciated and about 800 people
passed thru the cars to inspect the
exhibits, helping themselves to the
literature and studying the exhibits.
They also enjoyed the addresses
made by the experts on poultry who
were with the train.
Elmer Farnsworth was here from
Pocatello the last of the week to
look after his interest in Moreland.
On Monday afternoon the Black
foot high school boys played the
Moreland high school boys a game
of baseball which resulted in a score
OF IA to 8 in favor of Moreland.
Mr.. and Mrs. Bingham returned
home Monday from Utah where they
have been visiting since school was
out.
Mrs. George England has return
ed to her home in Arimo.
Mrs. Sarah Mcbride was in Black
foot several days last week.
Mrs. Hazel Lindsay was a visitor
at the home of Mrs. Ida Mcbride |
Tuesday.
Miss Thelma Foreman, Miss Irene |
Liljenquist and several others motor
ed to Idaho Falls to visit some of
their girl friends at the L. D. s.
hospital.
MRS. George Sprague was in More
land during the past week.
Mrs. Mabel Criddle of Idaho Falls
was out to visit her parents last
week.
Some of the young people from
here attended the dance at Thomas
Friday evening.
Eden Bringhurst Of Sterling was
a visitor in Moreland for the week
end.
Delbert Robbins was overcome
with heat while irrigating last Sum
day afternoon. He was found I'M
The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1924-06-19

conscious on the road from the field
to his home. DR.. Mitchell was call
ed and Delbert is reported some bet
ter.
There was no meeting here Sunday
afternoon and many attended the
union meeting at Blackfoot
MIR. and Mrs. Ray Bagster spent
the week end in Blackfoot
Burt Grimmitt was here to spend
Sunday.
Mr.. and Mrs. 81 Johnson spent
the week end in Blackfoot.
MILFORD Belknap of Salt Lake was
a Moreland visitor last Sunday.
Mr.. and Mrs. Ed Benson attended
union services in Blackfoot Sunday.
Roger Miller was out to spend a
few days the last of the week with
his mother.
A. B. Mcbride, Wells Ellice and
son have just returned from a trip
to Lost river.
The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1924-06-19
SHELLEY



A large number of the young folks
of Shelley attended the dance at
Firth last Tuesday evening and all
had an enjoyable time.
Jack Raglan, Mrs. l. R. Egbert
and daughter Dorothy and Mrs.
Webb toured to Logan, Utah Satur-
day. They intend to return Monday
evening. Mr.. Ragan will bring his
wife home who has been visiting
there for some time.
j. L. Moore was in Idaho Falls
Thursday on important business.
John Jorgensen, manager of the
Utah Power and Light Co. of this
City went to Blackfoot Saturday on
business for the firm.
Reed Miller who has been attend
ing school at the A. G. at Logan is
home for the summer months.
Misses Edith Hansen and Laura
Moore and Truman Gilchrist and
Sylverus Williams were visitors in
.Pocatello Sunday. They were guests
of Mr. and Mrs. Allen Christensen.
Mr.. and Mrs. Wilbur Ross return
ed to Shelley Friday from different
points in Utah. The young couple
were married in Pocatello June z,
and went to Utah for short visit.
Miss Vivian Anderson who has
been attending school at the Idaho
Technical Institute at Pocatello re-
turned home last week. She intends
to spend the summer months in Shell
ley.
Mr.. and Mrs. Chris Christensen
and family left Saturday for Port
land. They expect to be gone most
of the summer travelling to different
places.
Guy Mallory returned home Thurs
day from Salt Lake City where he
went to visit with his wife who has
been ill for some time.
Clifford Hayes of Idaho Falls was
in Shelley Tuesday on business.
Mr.. and Mrs. Lloyd Bennett re-
turned home this week from Salt
Lake where they went to attend the
M. I. A. conference.
Jed Robinson was in Lava Hot
Springs Wednesday last.
Emmerett Miller who has been in
Utah taking commercial course, re-
turned home Tuesday to visit with
her parents. O.
Miss Chole Hanks who has been at
tending the Kicks Academy return
ed home last week for the summer.
Mrs. Albaugh of Idaho Falls was
in Shelley Saturday visiting with
friends.
The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1924-06-19
VACATION

Time was when only the rich in
dulged in the luxury of vacation.
Now we have come to realize that
the bow which is always strung will
not shoot so well. A vacation is a
relaxing of the strain of life. 1t
puts new resiliency into the chords
of the heart. 1t is not an expense
but an investment. A vacation
should furnish a change of scene and
of experiences. The city dweller
should go to the country for the
quiet life, and the ruralist to the
city for the stimulus. That rests us
most which takes us out of our won't
ed arena and gives new activities
and thoughts. The ditch digger
should lie about under the trees and
think. The book-keeper should play
golf or tennis. For all it should
be time of joyous recreation-play
if you please, freedom from duties.
How is mother going to get her
vacation. She needs and deserves
one OF course, it would be very
nice if the family would realize this
and send mother away for rest
or exhilarating trip. But it is too
much to expectrthey will not do it.
1t behooves the wise and practical
housewife to take the matter into
her own hands and see that she gets
a vacation. 1t is due her develop
ment and poise of spirit and she will
be a bigger and stronger and finer
woman and a more desirable guide
and companion in the household il
she lives the balanced life-f1fty-one
weeks on the job and at least one
off on a lark. Time to get busy now
and plan your vacation.
With all the numerous women's
organization conventions this sum-
mer, it seems that every woman who
belongs" will have some place to go
with a program to her liking all
planned for her.