davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1924-04-30
SURPLUS FUNDS
AID BOND
MARKET
Bond Prices Advance When
Industry Releases Money and
Loan Rates Decline
BY MUNROE ROBERTS.
Copyright, 1924, by Cosmopolitan
NeWR SArVica 4

NEW YORK, April 30.-The two
important factors in determining
future trends in the bond market
are the probable development fof
general business and volume of new
financing to be accomplished. Ger
tain definite trends in business and
money markets are observable to-
day, but it is uncertain how long
they will continue.
1t 's an axiom of investments
that idle funds which cannot be
employed in industry and commerce,
naturally gravitate to the bond
market Declining industry re-
leases money for other uses Dor
rowing rates also decline, and bond
prices advance. Then when industry
enters an active period, invest
mentS are disposed of, credit fur
nished for business, and the bond
market declines. 1t is not a favor.
able commentary on business con.
ditions when bond markets are
booming too enthusiastically, though
in recent years the volume of pure
ly investment funds has increased
enormously.
1t seems to be current opinion
that the trend of industry and do.
nestle business will be downward
at least until something more
definite develops in the legislative
and political outlook. It is un.
fortunate that comparisons must
be made this year with the un-
usually prosperous year of 1928,
ana declines in some quarters will
be emphasized by such con1pari-
sons. Placed against normal stand
ards, 1874 will make a fairly good
showing.
Investment bankers have had sue
cess with recent new underwent
ings OF high class bonds, but they
stu race the necessity Of marking
prices attractively. That fewer
new issues have come back to the
market at large recessions in prices
this year is due in large measure
to the skill with which bonds were
appraised, and their attractive mar.
ket prices determined.
Commercial bankers make larcer
profits in financing industry than
in buying bonds, and the for1net
is their proper sphere of activity.
Public offering was made today
by Lee Higginson and Company
and associates Of an issue Of $1,000
900 West. Kentucky Coal Company
first mortgage per cent sinking
fund gold bonds, series A, due
1914, at par.
Bonbright and Company, Inc.
offered an issue of $500, 900 United
Light and Power Company first
lien and consolidated mortgage gold
bonds, due 1889 at 80 to yield $40
per cent.
The Washington times., 1924-04-30
Commodity Market News.
BY Cosmopolitan News Service.

ny cosmopolitan news service.
NEW YORK, April 30.-Results
OF the first quarters business in
iron and steel trade are fairly re-
Elected in the earnings statement
Of United States Steel, showing the
largest net return for any peace
quarter. Steel men today expressed
themselves favorably over results,
as well as the immediate future Of
business.
Price declines in rolled steel have
not extended to wire products, al
though demand is small. Steel man.
ufacturers in Pittsburgh and
Youngstown districts are counting
on replenishiing of stocks to, bring
heavy increase in new orders. 1t
is believed that supplies are in some
quarters depleted to the danger
point, and any squirt in business
would place many producers In an
embarrassing situation. With the
backlog of finished automobiles be-
ginning to move more rapidly into
selling channels, steel mills are also
looking for substantial orders from
automobile manufacturers.
Copper buying has not moved out
Of its narrow limits, but gradual de-
pletion Of stocks on hand is
strengthening the technical condi-
ton of the market. Electrolytic
copper for domestic shipment is
quoted around 1914 and 13% cents,
delivered to the end OF July.
Lead prices are unchanged both
in outside markets and leading re-
finers. Prices at New York range
from IT'S to s cents, and at East
st. Louis, 7.55 to 7.65 cents. On pig
lead concessions of about $500
ton are offered by producers on
futures. Business in zinc, alum
mum, brass and tin is quiet, with
few important changes in prices
Hand to mouth buying prevails IN
all metal markets.
The Washington times., 1924-04-30
5 I 0CK PRICES
DR02UNDER
! PRESSURE
Bears Launch Vigorous Drive
Against IndustriaIs in
Early Trading
BY HI. j. DUIZEND,
tCopyright, 1894, by Cosmopolitan
News SerYicaN

NSOpyrienL, 1873, by Cosmopolitan
News Service.)
NEW YORK, April 3O.-Profes
eional spectators for the decline
launched a vigorous drive against
leading industrials in the first two
hours trading on the stock exchange
today. They professed disappoint.
ment over the fact that net earning:
OF Y. s. Steel in the first quarter did
not come up to Wall Street esti.
mates, but they attached much more
significance to Judge Gary's remarks
that new business around May / will
be from Is to 20 per cent less than
two months ago.
That the street could place a bear
1sh Interpretation on the steel state
ment was hardly explainable, net
earnings amounting to a little over
$1,000, were the largest reported
Tor any peace time quarter in the
history of the company. But the
most encouraging feature was the
rapid increase throughout the quar-
ter. March showing earnings of close
to $2O.0OO,O0O, the biggest month in
six years.
Steel common held near its pre-
vious level, but Independent steels
were under heavy bear pressure,
bethlehem Steel being the weakest
IN the group. A vicious raid against
the motor accessories forced stocks
Ike Stewart-Whrner, Stromberg and
Fisher Body sharply lower. Selling
was based on the belief that the lib
erai dividend policy followed by these
companies could not be maintained
much longer in view Of the curtail-
ment Of plant activities.
Studebaker, which held fairly
steady in the early dealings, was
gwen a severe drumming in the Sec
ond hour, breaking to soy, a new
low Tor the year. Professionals at
tackled this stock in anticipation Of
disappointing earning report to be
published at noon. Baldwin was also
heavily sold, in spite of more favor
able trade news. Oils, too, were
lower, although losses in this quar-
ter Were mostly fractional. Yellow
Cab was the weakest spot in the spe-
cialty group. Davidson Chamical
and Harvester, on the other hand,
stood out because of their strength.
Railroad shares stood practically
still.
Call money renewed at Az per
cent.
The Washington times., 1924-04-30
Chicago Grain.
BY Cosmopolitan News Service.

BY Cosmopolitan News Service.
CHICAGO. April 3O.-Grains were
q shade lower at the opening today
Wheat started Nc lower for May
and steady to a shade higher for
the later months. There was scat
tered liquidation in May. Elevator
interests took the offerings. De
ferred futures bought on the
strength in cables.
Corn started steady to Nc lower,
with scattered commission house
selling. Some demand for May on
the break.
Oats started &c lower to &c
higher, with small mixed trade.
provisions started higher, with
trade quiet. Offerings light.
Opening prices were:
Wheat - May, $1.03@%; July,
$1,000 "; September, $1.06@M.
Corn-May, 76% a &c; July, 1915
VNc; September. 78c.
Oats-May. ASK q nc: July, "A
y Bc; September, 40c.
Rye-May, 64hc; July. &c.
The Washington times., 1924-04-30
BY COsmopolitNews Service

NEW YORK, ril 30.-An up
ward tendency noted at the
opening of the ton market to-
day. Options adHed from fifteen
to thirty-one poi on buying by
trade and forei6nterest in re-
Spouse to better verpool cables,
an improved spo{mand and I'M
favorable weathefports.
May opened at 5, up 81 points;
July at 28.03, ulS points. and
October at 24.40, Is points.
The Washington times., 1924-04-30
TEST News AND QUOTATIONS OF THE FINANCIAL MARKETS
FURNISHED b B. Hibbs & Coz

FURNISHED 81 B. Hibbs & Coz
les.
Washingtonlilway and Elec.
trio As, 10000
Southern hing 6h's, 10000
99h, 2O00@99 BO00@99h, 10000
991s, 100O@99
WashingtonLs Light, 6@49,
20@49K.
Commercial Iional Bank, 100
1871, 1O@1S9E0@139, 1O@1SSM.
AFT CALL.
Capital Trdn Company, 5@
9S%. 5@9S& PS&.
Commercial ional Bank, 100
1887, 10@139
Capital Trad 5's, $5O0@98.
Money-Callns, 5000.
The Washington times., 1924-04-30
Chicago Live Stock.

HoGs-Receipts, n,,, 1900; ms market i0t
40: heavyweight, 710@7.40: medium
wsght 7iTsLssk .s ss5 51s ei S.sSy paSk
ing sows, smooth, 6.66 q $50; packing
sO%s rough sSSSs'S p agS. 4t @ar Sst.
steady to strong. Beef steers-ChOice
and Prims 1 ~ cCs SIo % oSa,S9 1nS
6I2.OO; common and medium, 1900
$50 Butcher Sst tie 5I;,a Oo S,SG e
Gamers and cutters--Cows and heifers,
2.OC@45G; Gamer amer. steers. ,G S;OOS7SO;
7.00@9.6O; feeder steers, 6.000S60;
stocker steers, 5.500s.25; stocker cows
and heiierS. s.OOQb.5o; stocker calves.
sHEEP-Receipts 5000 market.
strong. Lambs, wooded. 14.50@l6.50;
lambs, clipped, 1sOO114.75: lambs. cults
and common, 1l;oo@1s.oo; yearlirgs.
culls and common, s.OO95.Oo; ewes,
clipped. 6.00Q7.50; feeder lambs, 1880
a 16.6O.
The Washington times., 1924-04-30
Busines|riefs,
BY COsmopolitaiews Service.

NEW YORK; profit for year
ended February of California
Packing Compan1v as $5,319,350,
against $6'lG8,S83 previous year.
NEW YORK-hl income in
March of PittsburIand West Wiz.
gina Railway w9145,929. a de-
crease of $17,S02 fl March. 1929.
NEW XORk-Nh surplus of
American Gas andlectric totaled
fi SSS against $ I54s in March,
The Washington times., 1924-04-30
Or. Dubois to Speak.

DR.. w. e. Dubois will make an
address on Liberia" at the Metro
politan A. M. E. Church, M street
near Fifteenth northwest, tomor.
row night. The public is invited.
The Washington times., 1924-04-30
Short Term Securities.

" ~ nasACo w ". o. HIDnH u Col
Alum. Co. of Amer rs. rs. -II0zEII02E
Alum. Co of Amer. U.s. go. .l1o6 L iis7
Amer. Cotton Oil 6s, "a. ssEiI0OK
Am. sum T. COW. 7hs, rs. 94h S5h
Amer. 7; 7. col. As, '29. s4h s4h
Amer. Thread g. a.. l102 I1O2h
Anaconda Cop. IS, '53....... S5N Ss
Nat. Lea. So. '25.......... 9SRl eco
Greg, s. L. ref. col. Is, '2e. 94I 94h
Phila. Co. 6s, l1Ol xIIOlX
Sinclair Co. Pur. 6hs, '26.. 9sT 9s%
Sinclair Co. g. '26. ........ 98 1914
Anaconda Copper U.s. 30. 96% esq
Anglo--Amer. TVS, '25. l1O1 Nl102k
Armour Co. 5hs, a.. So SSK
e. 9. Ry. col: IS. 20. 1o1% 102
s e. : g s: = " : D W; sMs s'' IS: g. sss
Bell Tel. of Can. rs, rs. l1O1 IS 1G2M
Bell Tel Of Pa. IS, a.. 9SX sSZ
Bethlehem Steel 6s, a.. OF O7I
Bra. Cop. II. col. tr. S. al I1O2hl1OS
Sloss Sheffield 6s, 20. 80 l10Oh
SO. Pac. con. As, '29. ..l 94hI 94E
s. Q. N. 7. rs, 81. hos 106k
s. Q. n. Y. 6hs. '83. ...... los Il0SN
Swift Co. IS. '32. .......l 81 91h
Hnion Pac: con. IS, '27..... s6E 96%
Vacuum Oil rs. 's6. 100 4 l107
S.s:s1:s Esg 4 H. Z :i SSsS|$$sS
Canadian Nor. Ry 6s... leo Il l1O0H
Cent. Lea. LIST lien IS. 94N 96K
Cudahy Packing Co. 6hs... S5H "a
Fed. Sug. Rein. 6s.......... 97hI %
Hooking Valley IS .... s9RllOOh
X. c. Term. 6s ............ 99E tiOOX
kennecott Is ............... 10A& lies
The Washington times., 1924-04-30
Foreign Exchange.
By Cosmopolitan News serv,c,

NEW YORK-Net income in
March of New York, Chicago and
st. Louis Railroad was $1,019.342,
decrease of $197,249 from March,
1923.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-03-07

rha great work will DO staged Fri.
day evening. March u. az tho opera
oompanys second local performance
The story Of IN Juive,' wiitton
by tho famous French playwright
Scribe. IL rich In dramatic episodes
that Ideally reveal Misa Ruiun's hls'
ltrionlo mastery az we'll ns tho rare
quality Of her opulent soprano. The
action Of the drama has for lta SET
ting tho city OF Constant, early In
tho 10th century.
During a festival ordered hy tho
German emperor In honor OF his son
Leopold the Jew, Eloa1ar, N arrest
cd IN front or tho cathedral on q
charge OF having worked on the
sabbath. ny order OF Cardinal
Brogny, who omerRca from tho ca
thndrui "a fleazer IL arrested, the
Jew N set free. Eleasar, however
curses the cardinal whom no had
known In Rome. and BY whose or.
dera tho Jews sons had been burned
az the stake.
Before taking molly orders, Card.
nal nrogny had married. but ho be-
llevos his entire family 20 have been
lost In fire. one daughter. how.
over. was saved by EloaERr. who
brought her up, unknown TO tho
cardinal, ms his own child. under
the namc OF Rachel.
After the festival in hts honor.
with which the opera opens. Prince
Leopold appears In plain attire. In
lovo with Rachel. he enters her IN.
theirs household and declares him.
self to be OF tho Jewish faith. In
the meantime. the emperor plans 70
have his son marry tho Princess
lEudoxla.
The second act dlseloses tho into.
rior OF EleaEar'a house. Leopold Is
az the table with Rachel and her IA.
Their when a knock az the door IN
terrupta their meal. Princess Eu'
doxia. who has como 20 purchase
jewels from Eleaar, II admitted,
and Leopold hurriedly coneehls him.
SELF from his affianccd bride. AFTER
royal visitor The prince Nhen con-
The departure OF the princess. IA.
chcl demands an explanation OF Leo
pold'S stunning the gaze Of their
fesses his identity and admits that
he Is not jew. whercupon EleaEar.
in a fierce rage. attempt 10 kin
him. but Il prevented by Rachel.
| Finally. Eleazsr expresses willing
meas to have his daughter marry Leo.
pold. but tho prince, fearful Of hts
fathers wrath. departs. as Eleazar
curses him. aud Rachel. overcome By
emotion, falls unconscious.
In the following act. when a feast
az the emperor's palace IS IN, pro-
Eress. Rahecl appears and accuses
.Priuca Leopold OF treaehery and OF
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-03-07

being in love with a Jewess. Al a
result, tho prince, l1lenar and
Rachel are all east into prison. All
three arc sentenced 10 death. but.
duo to Raohel's interceaslon IN his
behalf, Leopold'H puishmont in later
changed 20 Punishment,
In the final scene, just as Rachel
Ia thrown into an immense boiling
oauldron, Eleazar cries out 10 Card.
inal Broeny. who has sentenced her:
"Dchold thy ohildr
In the cast with Miss Raia VIII
be tho famous American tenor
Charles Marshall: the basso. Virgllio
IaEzad. and other we'll known art.
lists. Ettore PanizEa Is scheduled to
conduct.
Ia Julye" Will DO produced AZ the
Arena on tho same scale OF scenic
magnlfloence. and with the Same
cast. as az the Auditorium IN Chicl.
60,
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-03-07
Vessels Open for
Public Inspection

Devices and methods used In
oharting and exploring sea areas arc
on display ON tho u y, $. Pioneer
and Surveyor az the Hell IT, dock.
The public IN invited 20 attend tho
exhibition. which closes Saturday
evening, Tho ships Nlong 20 the
United States coast ana geodetic
survey fleet. which sails soon Tor
Alaskan waters.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-03-07

opera. ia Jnlyc" tThe Iewossl
promises 10 be one Of the, high lighta
OF the Chicago Civic Opera Co. s
brilliant engagement az the Arena.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-03-07
WOMEN! DON'T
Be TRICKED
Warning Not all Package Dyes
arc Diamond Dyes"

Always ask for Diamond Dyes
and n you don't soc tho name "Dia.
mond Dyes" on the packaEe-refuse
it--hhnd II back
Each i5.ent package OF Diamond
Dyes" contains directions so simple
any woman can dye or tint skirts.
dresses, waists. sweaters. stockings.
klmonoa, coats. draperics. coverings
everything new. even II she has
never dyed before. Choose any color
al drug store. Refuse auhs,l,utcs.--
Advertisement.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-03-07
An Apology

To our many friends who were disappointed
Tuesday and Thursday nights at the Seattle
Ford Factory Branch.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1924-03-07
We Are Sorry

We could not accommodate all who responded
to the invitation to visit our factory on those
evenings. We hope you will come some other
time when the congestion will not be so great
and we can take care of you
Payette enterprise. (Payette, Canyon Co., Idaho) 1909-1935, 1924-01-10
PAYETTE GRANGE

The Payette- Grange installed off
GERS at the regular meeting Tues
day evening.
Payette County Pomona Grange
meets Saturday at the K. P. hall, at
10 a. IN. The forenoon session will
be a business meeting. The after
noon session will be an open meet
ing and topics of general interest to
the community will be discussed.
Luncheon at the hall. Come pre-
pared. This win be q worth. while
meeting.
The State Grange meets at Cald-
well Monday, the 14th for 2 four
days meet. Lets Co." If you have
been alternating wake up now and
shake off the ethargy. You can't
win a victory by sidestepping the
enemy. You have to grapple him. No
tiee has been served on the American
farmer, from the highest authority
in the land, that he must help HIM
self. 1t is the only system, after all.
If the farmer is too weak or too
indolent to help himself. he viii have
TO remain an underling.
ID. w. AINEY.
Payette enterprise. (Payette, Canyon Co., Idaho) 1909-1935, 1924-01-10
A REAL SURPRISE

Mr.. and Mrs. John Helman while
enjoying the comforts of home
seated by the warm fire last Satur-
day evening rejoicing that the tolls
of another week were ended, they
were interrupted by gentle rap at
the door, and without leave or Ii
cense or legal authority they were
taken by storm and the house filled
with young people who in short no.
tice were recognized by the delicate
little attorney to be the kid
choir of the NJ. E. church, who had
just dropped in to spend a pleasant
evening with their leader, and from
all reports the purpose of their visit
was fully enjoyed. They brought with
them plenty of fresh oysters, crack
ers and a few other necessary artic-
les that go to make up first class
oyster supper, also a team and old
fashioned bob-sled. Nothwithstand-
ing the temperature ran below the
zero mark, several hours were spent
in sleigh riding to whet up the ap-
petite for the big oyster feed, after
which some time was spent in gen.
eral good time. At a late hour the
party returned to their homes leav-I
ing as token of friendship a beau
tiful gold mounted baton.
Payette enterprise. (Payette, Canyon Co., Idaho) 1909-1935, 1924-01-10
ROD 8 GUN
CLUB MEETING

The meeting called by the Payette
County Rod G. Gun Club for the pur-
pose of electing officers failed to
bring out the necessary attendance,
last Tuesday evening, notwithstand-
ing notice was sent to each men,
ber 1t is possible the people have
overlooked the work done by the or
ganization during the past year. The
determination of magpies alone was
worth many times the cost involved,
as these pests are not only destruc-
tive to all song birds and game birds,
but are very detrimental in scatter
ing San Jose scale. A report of last
years work shows that a total of
S,347 destructive birds were des-
troyed the result of which was quite
noticeable. AS no election of off
GERS were had Tuesday evening, an
other meeting is called for Tuesday
evening, Jan. %, when speakers from
out of town will be present and
lunch served. A prize will also be
given for the first SHARP Skinned
brought in prior to the meet
ing, Jan. %, the same to be present.
ed to E. w. Pease, secretary.
Payette enterprise. (Payette, Canyon Co., Idaho) 1909-1935, 1924-01-10
SHALL PAYETTE
HAVE CHAUTAUQUA

If Payette is to have its annual
Chautauqua this year every interest
ed citizen should agree now to do
his or her part.
Ellison White through their repre-
sentative, is meeting US more than
half way in the guarantee. The
plan is simple one 1t is simply
this, each guarantor is responsible
only for the number of tickets in
diyidually pledged. This does not
eliminate the possibility of collec-
tive effort on the part of the guaran-
tors, it simply fixes a definate
amount of responsibility, on each
person and he knows when he is
through. He is not dependent upon
the work or efforts of another, nor
is he responsible for their failure to
make good.
Chautauqua is the only means of
bringing world travellers, lecturers,
people of national importance, worth
while and clean amusement to the
small cities and towns. Payette
never has denied her people this
means of entertainment and educa-
tion. Most of the Idaho towns are
already booked, now is the time for
Payette to get behind one of its fun
damental and educational institu-
tions
Payette enterprise. (Payette, Canyon Co., Idaho) 1909-1935, 1924-01-10
A. l.. F'REEHAFER TAKES
In LAW PARTNER

carl H. Swanstrom has taken up
his residence at Council, where he
will be associated with @. R. Mcclure
in the practice of law. Mr.. Mcclure
will become associated with A. L.
Freehafer Of Payette, and will divide
his time between that office and
Council
Adams County Leader.
Mr.. Mcclure is an Idaho man, hay-
ing received his legal training at the
University of Idaho. He has been
engaged in the practice of law for
number of years and for the last
two and a half years has been prose-
cutting attorney for Adams County.
Mr.. Swanstrom has been appointed
deputy county attorney for Adams
County and will devote his entire
time to that office, while Mr. Nc
Clure will be associated with Mr..
A L. Freeha fer in the practice OF
law in Payette. Mr., Mcclure and
! his family. are now living in Payette.
The new firm nanso~xe-pseezsufer-~
Mcclure and the business of the firm
will be carried on in the offices in the
Thurston building occupied by Mr..
Freehafer during the past three
years.
Payette enterprise. (Payette, Canyon Co., Idaho) 1909-1935, 1924-01-10
]. N. Bennett
DIES IN.SEVA9l

Word was received Tuesday morn
ing by Mayor Woodward announcing
the death of j. NJ Bennett at the
home of his daughter, Mrs. G. L.
Hickey. at East Ely, Nevada. Death
came from heart failure January 4th,
just as he was preparing TO leave for
California.
Mr. Bennett was enc of the pioneers
of the west, the greater part of his
life was spent in the employ of the
Union Pacific Railroad Co., and the
o. S. L., as superintendents of
bridges and building, retiring from
the service of the company on ac-
count of matured years, several years
ago making his home in Payette. He
was highly respected as a man of
honor and business ability.
Funeral services were conducted
by the Masonic Order, at East Ely,
Nevada, and being veteran of the
Civil war was given a guard or honor
by the American Legion. The body
was shipped to Los Angeles, Cali
fornia for interment. where the
services were also in charge of the
Masonic Order.
Payette enterprise. (Payette, Canyon Co., Idaho) 1909-1935, 1924-01-10
FIRST AID
ASSOCIATION

A very important organization was
perfected last Tuesday evening at
the council chamber, when the Pay
cite Fire Department, the employees
of the Mountain States Telephone
Co., and the Idaho Power Company,
met and organized what will be
known as the First Aid Associa-
ton.
In all there were about thirty
members who Joined the associa-
ton, the object being to study the
things to do in cases of emergency,
what TO do in times of severe acci-
dents, drowning, burns, electric
shocks, fractures, bites of animals,
ETC., what to do in the time between
the accident and the time when the
injured person can be placed in the
hands of those skilled in the treat
ment of such cases.
DR.. l. r. Woodward has kindly Of
fered, and will give instructions to
the class each Tuesday evening at the
council chamber in the court house.
There are perhaps others who
would like to avail themselves of the
opportunity of taking instructions in
these vitality important things The
association extends an invitation to
any one who desires to become mem
-nerSs There ix certainly s6xld
or merit in the purpose or this Or
ganization.