davidaulloa/AmericanStories huggingface dataset:
Evening star., 1924-06-16
EVERYMAN'S
INVESTMENTS
By George T. Hughes
THIRTY-FIRsT ARTICLE,
Railroad Bonds.

Railroad Bonds.
For many years railroad bonds
have held a high place in the es-
timation of investors. For a long
time they ranked next to government
They still rank high, but recently
the credit standing of the railroads
has been not a little impaired. For
one thing, investors are not sure of
the attitude to be taken by the gov
ernment. 1t Is recognized that reg
ulation in the interest of the public
is essential, but there is always the
fear that this regulation will go so
far as TO imperil the position of the
investor. For the most part, this af-
fects stocks, but it is not without
it's influence upon bonds as we'll.
Canal Serious Competitor.
Secondly, there has been some rad
ical shifting of traffic lanes. For in
stance. the Panama Canal has proven
itself serious competitor of the
tranScontinental railroads. The motor
car has cut into passenger receipts
and has taken a good deal of the
short -haur' business from the rail-
roads. Meanwhile the carriers are
taxed to meet the costs of building
improved highways for the motor
2ars to use. All these things must
BE kept in mind when appraising
railroad investments 1t is true,
however, that the railroad is a ma
tional necessity, that it must be
allowed to earn a living and living
sufficiently good to attract new cap
ital to it's support.
The two points on which railroad
bonds are to be judged are the value
Of the property on which they are
secured. how essential this property
IS to the system as whole and
the earning power. There Is no par
fhe railroads are required by law tC
make monthly reports of their earn
lngS and these reports are published
IN the financial pages of the news
papers.
Easy to Learn Facts.
Any investor can easily follow the
financial fortunes of the road in
which he is interested 1t requires
: little more effort to ascertain Just
what property security is back OF
any particular railroad bond, and here
probably some expert advice such as
III investment banker can furnish is
advisable. In a general way the
nearer the bond is Ito the rails" as
The saying is. the better the invest
ment
Put no reliance upon the term used
to describe any particular bond, such
as refunding, general, prior lien. The
only safe way is to know what bond
If any, comes ahead of yours
copyright, 1924, by Consolidated Press As
sociaton.)
Evening star., 1924-06-16
REPUBLICANS SPENT
MONEY VERY FREELY
Cleveland Merchants Think Women
at Big Convention Boosted
Retail Trade.
Special Dispatch to The Star.

Special Dispatch to The Star
CLEVELAND, June 16-The Re-
publican convention was buying
convention, and Cleveland merchants
reported today that they transacted
a most satisfactory volume of busi-
ness last week. According to w. H
Cray, secretary of the Retail Mer-
chants Association. few conventions
here have meant SO much to retailers.
one of the best" he said. was the
teachers convention, to which most
delegates were women. Now that
women have equal representation in
politics, large numbers of women at
tend political conventions, and that
may explain the increase here"
Evening star., 1924-06-16
BOND MARKET DRY,
Baltimore Financiers Holding On
to High-Grade Issues.
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE, June 16.-Daily trans
actions in bonds on the Baltimore
Stock Exchange. and "over the coun-
ter" do not begin to measure the de-
mand. Dealers declare the floating
supply of high-grade bonds has been
practically exhausted. Even bids
higher than current market quota
tions fail to tempt holders to sell
their bonds.
1t is estimated that the Baltimore
and Ohio railroad, which recently
sold s35 900 per cent bonds at
par. or half point below the cur
rent quotation. may supplement that
offering in the near future. The
$35. 100000 provided the Baltimore
and Ohio with funds to take care of
its earliest maturities and to reim-
burse its treasury to the extent of
$40, ,000, 900 for advances.
The company must still provide for
over $115, ,000, 900 bonds which fall due
In a little over a year.
Evening star., 1924-06-16
EXTRA DIVIDEND VOTED.

NEW YORK, June 16.-Directors of
the Woodley Petroleum Company to-
day announced the declaration of an
extra dividend of 20 cents in addition
to the regular quarterly dividend of
so cents, the former payable August
IS and the latter July Is. Daily pro-
duction of the company now averages
1900 barrels, with two new wells
drilling and likely to be completed
this week.
Evening star., 1924-06-16
$40,699,592 IN OIL
DIVIDENDS DUE SOON
Rv tho Assori. ted Pnss.

NEW YORK, June 16.-The Standard
Oil group Of corporations will pay
$40, ,699, ,592 in dividends for the second
quarter Of 1924, of which $4,319, ,592 rep
resents preferred dividends, it is cal
culated by Carl n. Pforzheimer & Co.,
specialists in Standard Oil securities
This amount was exceeded only in two
previous quarters. The Standard OIL
Company Of New Jersey leads in dis
bursements with Ss.s20.s25
Evening star., 1924-06-16
WOOL PRICES SHADED.

PORTLAND, Ore. June 16 (Spe-
ciaD.-The latest sales Of wool in
this section have been at prices about
to 10 per cent under those of a
week ago. The largest drops were in
coarse woods some sales being made
as low as 25 cents a pound. For bet
ter grades 341s to 3S cents seem the
top figures.
Evening star., 1924-06-16
LIVE POULTRY HIGHER.

| CHICAGO, June 16.-Poultry, alive,
higher; fowls. 21a23; broilers. 32a40:
lroosters, Il.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1924-08-06
Market Reports

The Tribune's market reports
are gathered by the Associated
Press and supplemented by the
local markets. Farmers espe-
cially this fall and winter will
want to keep in close touch with
the market changes. You can do
this Daily through the columns of
The Tribune.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1924-08-06
State Capital Neus

State Capital News, Society
Events All fully reported in
The Tribune Columns. Get both
sides of the interesting political
controversy which features the
state campaign. There is no par
tisanship in the handling of poll
teal news in the columns of The
Tribune = You Get Both Sides
there.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23
HARLINCEN MAN,
STRUCK ON HEAD,
dies LAST NIGHT

y. A Mcdonnell uf lEarlinEcn. who was
injur 4 IN an automobile accident be
tween lIailinran and San p nito Monday
morning. Hiti early this morning at the
Mercy hospital. where Nv was brought
Immediately after the accident. Mr.. Nc
C4nleiI was ported KIN hr mc better
Yesterday. hHt hs condition changed ~
~ worse during the night.
The injuries which resulted ~ Mr.
NrCunnclfs death were INK ived when
hc u. struck in the head hy rod or
beam which was protrudilg over the
aiir cf truck which hc was passing pr
thr r VII Thr beam crash " through the
winds ieid wv ~ car. Knocked Mr. Me
Conncn unconscious. The car plunged on
down thr road and crashed into an auto
mobile driven hy MIS-. MI w Phillips and
confirming several passcng' r.. Mr..
Phillips received three broken ribs IN
the crash anl several other miner iniur
ica.
Nr Mcconnell hal resided at Harli1-
-cn only short time. and had opened
restaurant there Hill family VITO live in
North Carolina had not joined him when
the accident occurred.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23
APPLICATION FOR
STATE AND FEDERAL
AID IS PRESENTED

An application snd arfccmt rs, signed
hy q unty Judge Oscar Il. nancy. Com
Uissi0neia Acfms and LnEan, II. IA.
Skclton VI Brownsville ani J. II. MI
rick Of iIafliaecn. was presented 90 the
Highway commission requesting tbs
u signatidn w the Harrington Riviera
highway vs. runk line highway % re-
ceiNe state and federal aid. The re-
quest waa also made that the highway
from RtcLpcrt ID Victoria receive simi-
lar designations. and II IN two high
ways are constructed the distance from
Harl.n4cn to Houston will bc reduced
100 miles.
The committee did moi appear before
ths highway commits sion. aad no definite
actitn Oh the petition is expected o.
fore TIE end of this week, but members
OF the committee believe favorable ac-
tion will ~ taken ~ the commission.
and that II is very probable That STATE
and federal funds viii be available for
his highway.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23
Official Weather Reports

Brownsville and vicinity: Cloudy and
warmer tonight. probably occasional
rains; Thursday partly cloudy and
warmer.
East Texas: Cloudy tonight and
Thursday with occasit nal rains; werner
tonight in south portion. Moderate east
erly to scuthcily winds on the coast.
The pressure was moderately high
this morning over the southeastern and
the north central states. and relatively
low throughout the Rocky Mountain re-
gion and the north Pacific coas, stat :.
Except for general light rains in Texas,
the weather has continued fair 10 p1itly
c'oudy throughout the balance of the
United States. Temperature have mod
ersted considerably in the southern and
eastern states. but have declined again
in tn Dakotas and the upper Missis-
sippi Valley.
Tie coldcst last night at Texas sta
tions ranged from 2s at Amarillo to 50
at Corpus Christi and Galveston.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23
Special Message to Congress
Submits Five Steps for the
Improvement of Agriculture

ink institutions IN The distressed sec
tiorH
Tho creation tf private capital of a
substantial financing corporation to as-
eiat in ihr plan of reorganization:
Ihr extension of the time during
whicn th war finance corporation can
m kr loans.
Mr Coolidge tnld congress that these
were measures "by which. without undue
alarm or agitation. but nevertheless
promptly and ffrrtivcly. WE can bring
to bear w W seriol hourh happily
localized emergency. every resource az
ihe government and all the assistance
~hirh thr hu-in and farming com
murisy can render"
~Ttc economic situation in certain
wheat growing sections NH thc north
west" fhe president said. "is reaching
III acute stage that quires organized
cooperation on the part of the federal
aytrnmcnt and local institutions of
hat territory for its solution
Calling -.tention 70 tho mention he
made af this situation I'M his message to
COMPRESS in December, hc continued:
Great numbers ~ individual farm
srs are sn involved n debt both on
,...rt-...a4 snl NJ. INGREDIENTS and hanks
tnat th arr unable to nrrsprvr THE
equity II their property. They are un-
able tn unicrtfka thu dirersifca'ion of
r.-n--r th-t w. rnrIar,rr4alIv nr~rs
rnr ,rs ,.-rir,,itYr.l rrrars.ruc
fion of the farming area. Thy are una
ft. MN r.n.t th.fr n,.ii~.tinnu ana ,hnrr
. t..,..r...f .h- rr4;rr --srr.rtila
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23
CRUISER TACOMA
COMPLETE WRECK
ON MEXICAN REEF

WASHINGTON. Jan 13Thr tw,
rcrthcrs which icsc' thc oii cruiser
Tacoma off Vera Cruz where ne va.
proceeding for duty iu connection with
the activities az the Mexican rrsniu.
tipnists have done for the shir hri
captain and two radio operators. but
the remainder ~ the skeleton crew lcf'
aboard when She stranded WV thr first
storm have been rescued ia the teeth
of the second by rebel tran ports
The death of Captain XII sparrow and
the two operators through ~ acci-
dent on board the ship during north
cr while in performance of duty un
reported IN u cable message received
from Consul Wood al Vera Cruz a.
night by the state department. hut ne
details were given and the sinking M
the cruiser was not mentioned A
wireless message signed by Adoifo q.
In iinrrta reported the fate NJ the vcs.
scl and the rescue of her cr-w ana "
was assumed that Captain Sparrow and
the operators rcrishcd while the ia.
coma was breaking up and before tht
transports arrived
The crew standing guard on th'
wrecked cruiser was placed at 4S men
n the last report received here from
Captain Sparrow. The other 2-s me.
sire carried, who were put ashore al
Vera Cruz. are aboard the crli wv
Richmond now riding out ere second
norther off Tampico and il IS expected
that the cruiser Omaha which has been
.t..E.. "A
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23
MISS LAPE BEING
INVESTIGATED BY
SENATE COMMITTEE

WASHINGTON. Ian as Thc senate
nrHr 1anaa nvrstiHHtin- committee haN
another trs t.dag a' Ky ttinp dc'ail. WI
this operation of tae Bpk Peace Award.
Mi. her Eyer.tlr Lapr. mHmhrr in
chlrr. ui hc pe'irg committee nf award.
was called as the second witness in a
a'ntfi investigation designed to dis
close ttf sources funds csp nHgH for
propaganda intended w Influence con
nress a.i ihe governments foreign pol
icy-
Daring his brief examination Mon
day which was terminal suddenly
when hc inaiai n KIT what tc bad snan.
in promoting ihe peace award is hi.
pris fe affairs. Edward W. Box told thr
mmiifrf hc bad left details &c on ra-
ior n Miss I.anr hands anna commit
t,cmrn urhi tp elicit rtm hcr irfnr-
matin1 both es ~ expenditure anI ih
general orinion of ihe award crgan.za-
tifn-
Meanwhile. MI Eui is IVY his " w
Florida subject to hcirg rccaiied Ga GA.
plraauf af ih. commit r.. lii proposal
Ivy dUali~atr fi~ Sin0-ulH peace award ti
the u.hor ~ t.e best plan which the
q mmttcc might select fro4= thr 12
ifi imtt,d in th cantel. wa lii
nrfnfc ihr committee hy Chairman
Mosos. who already has informed Mr.
Box. thai hia offer ia wholly hc idc
the mark
A row over TIE League VI Nations
breke .faey at the inquiry of the sem
afc propaganda committee aa Senator
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23
DAYS EVENTS IN
MEXICAN REVOLT

Rebel forces claimed ;hr cariurr
of Cciaya. cutting cfl federal army
On Guaaalaiara tNcstrrnl front
from Mexico City.
Reported occupation of Guadaia-
lara ~ fcd-rais SsilI II unconfirm-
I'd. but capture Of the citN X briiev-
cd by fampiCo To br imminent.
RrsoiHiinniSts advised American
consul Nnod "A Vera Cruz of their
decision "to raise the blockade Of
Tampiro."
The rebel occupation of Ciudad
Victoria vas brief. according "a
Tampico dispatches. The revolution
aries cyacuating the city. capital
81 Tamsul.pas tcastcrn 'front.' on the
approach of federal contingent.
Fcderals claimed the capture of
Iacami~tla and petroleum camps
nearby.
United States postuffire depart
mcpf agrees 20 send rebel mail 10
fcdrralists Al Laredo.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23
WOMAN AND SIX CATS
FOUND DEAD In ROOM

NEW YORK. Ian. 2s Beside M
body III Mrs. jennie Lane, former school
teacher found lead from asphixiatioil III
Eer rnoiu Al Bfooklya ted s., were the
NJ dies cf six ~ her fiftr cats. Nine
cats made their way ~ the sidewalk for
air when the door was burst open II
the police.
Mrs. Lane was found withil few
feet Of tn gas stove on which twc
burners were oren bat unligh;cd. The
police thought il was suicide
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23
PINCHOT Will NOT
Be CANDIDATE FOR
COP. NOMINATION

HARRISBURG. Pa. Jan. 23.-Re-
ports that Governor Pinchot would be
candidsse for pr sidcnt this year We're
ed Of hv Speaker jay G. Good
nough of the state house Of representa-
tivcs after a conference with the gov
ernor today by the state ment that -
some time il has been known among the
gcverncr's friends that he would not be
4 formal candidate for president and
would not ask for instructed delegates
from Pennsylvania.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23
More Units To Tampico

tbv - p s0-infen Press
TAMPICO. Jan. 23.-Addtional units
Of the American naval squadron which
has been ordered to Mexican waters
are expected here today 10 join the
cruiser Richmond The Richmond her
self has been lying outside the harbor
but enters the port today to take On
fuel oil.
The chief Of the federal garrison
here has issued public proclamation
giving rebel sympathzcrS ~ hours IN
which 10 leave the city. The command
or even offers them facilities for join
ing the insurgent forces. The dcpar-
turc Of this element. il ID believed. will
put a stop to the many alarmist re-
ports.
Military activities in the OF region
Continued on mage iwoj
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23
NEGRO KILLS ONE
POSSEMEN; HITS 3

cORDELE. Ga. Jan. 2s.-Ore man wa
shit and instantly killed. another SER
icusly wounded and a third slightly
wounded when negro for whom a pos
se was searching opened fire as the trio
surrounded him IL sawmill Oh Flins
River, near Huguenin Ferry.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23
HUGE CONTRIBUTIONS
MADE BIZ METHODISTS

CHICAGO. J-n. p. Members Of the
Methodist Episcopal church during 1923
contributed Sin0.si9.Tgn for their own
religious purpaces. together Will ad-
ditionnl miilitns fer brEevolcnct. Dr. H.
NJ Wade corresponding secretary of lhr
council WI the hoard WI brncvnlcncc WI
the church rcfort 4 al the an~usl coun-
Gil meeting tndav
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23
PROVIDES MANY RECEIPTS

AUSTIN, Texas Jan 23.- Miss Dru-
zilIa Kent. instructor in foods at thr
Univcrsitv cf Texas. II the author OF a
series Of recipes which are now being
used by many ncwspr pers. Miss Kent IN
" graduate WI Columbia University
with the bachelor or science degree, and
she has done advanced wsrk in Columbia
in the chemistry 0f foods and dietetics..
she taught home economies for several
years in the Beaumont high school.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23
CHILD KILLED BY TRUCK

SHERMAN. r xas, Jan. o3 Swinging
70 Ne ide of a passing truck. Kenneth
Milard. eight yeats old. lost his hoii
and was crushed to 4. ath beneath the
VIII els late yesterday, eight miles west
III sherman. lie was "a route from schrol
in Southmayd 10 his parents home, Mr.
and Mrs. Sam MiIlard.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23
CAN QUESTION JUROR
CONCERNING KU KLUX
AFFILIATION, DECIDES

AUSTIN. Texas. Jan. 25. Membership
ia the Ku Klux klan is a proper sub
icrt for the questioning of prospective
iurymcn. the court cf criminal appeals
held today in rev rising the case az y. H.
Belchcr Of Dsilas sentenced 70 10 years
for thr alleged killing af T. Az Wood
IA sentence of iO years against Sidney
r. ELK, charged s\ih the same murder
was reversed for the same reason
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23
REPUBLICANS WANT
COMPROMISE ON THE
MELLON TAX MEASURE

WASHINGTON. Ja@. .23.--Rcpubli-
ran rcmh r. NJ The house ways and
cans committee differed to-day tn
comprcmisc with tn, democrats on the
Nci.on taN bill and 10 frame nom
Tars-san measure.
Rcpre-s - tive gsaIncr. Texas. rank
lng GcmDrrat ON tho commit CO tD
whom the offer was made wv Clair
man CrCr'. did not definitely cum
NIT mirorst. members To- ccmpro-
mise.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23

REBELS DECIDE TO RAISE BLOCKADE
OF TAMP|CO, CONSUL WOOD REPORTS

WASHINGTON.
TO the
Wood u the
but did definitely
@ a had
Ic at cd f.r flrnr matio
IA la ladcrs
abandoned the viii hc
off
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23
LEGION BUYS BURIAL PLOT

BLOOMlNGION, TT. Jan. ia bur
ial plot fcs sos world war veterans has
been purchased bv the Louis r. Davis
post Of the American Legion IN Bloom
ingten the largest post in the state.
The purchase price was $1,000. raistd BY
the post members through newspaper
campaign.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23
B.NTAMwEIcuTs TO MEET

ELDORADO. Ark. Jan. q. Joe Lynch,
hantamwcight champion, aud Parky
Owens OF Boston, will meet here to-
night in ten round no decision bout.
They are expect to weigh in at III >
and ll6 pounds respectively.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23

The de In Hlcrta revolutionists III
Mexico are preparing to abanGol plans
for the technical blockade NJ lamp ~
and TO substitute q policy under which
foreign commercial craf: viii bc warn
cd that if they enter the zone of pos
siblc bombardmrit there they viii a.
SO II their own risk.
As another step in Us efforts 10 aid
the Obrcgon government, thn United
States has ordered discontinued the
sending Of mail by steamer to the Mex
lean states Of Vera Cruz. Carpcchc.
and Yucatan. Hereafter the mail will
be turned over to the Mexican federal
postoffice authorities at Laredo for dis
position or delivery.
There is at present no intention Of
changing the orders of the cruiser
Omaha and six destroyer which are
proceeding from Panama u Vera Cruz
and due 20 arrive there today
First word Of the change in plans
reached the state department today IN
a consular message from Vera Cruz
which merely said the blockade was to
be raised without definitely establish
ing whether the policy would ~ PER
mancnt. Previously il had been an
nounced that the blockade order would
remain suspended until February !.
Later, however, il was learned
through private advces that American
protests against the blockade would be
observed but that zone ~ naval war
fare would be declared ia effect off
Tampico and ships would be notified
that if they traversed the line Of fire
they would take their own chances Re
bel warShips will remain at Tampico
and commerce will be warned that they
may 40 any moment open fire on the
batteries set UP ~ the Ohregon force
At the mouth Of the Panuco River and
along its banks.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23

An official report received this after
noon from Mexico City by MrNiean
Consul Na~guez saws:
The rebel General tavaznS WAS COM
pIctely defeated al Ixmiqulpan and his
troops are closely pursued The rebel
forces in the state NJ Jalis v. finding
themselves unable ~ stem the afiyan .
Of the fcderalS. are diviiing into fac
tionS. and have abandoned the city II
'uadala lara. Government forces tax
ing possession uf the territory formerly
held by the rebels. are pushing their re-
treat.
GcucDal Jesus Agurrc with loyal
troops has arrived from sonora. and tho
troops are being sent forward 10 rein
force the garri~onS IN The state fo Tam
auliras and 10 drive the rebels from the
oil fields IN the Iampico district.
NJ change has been ma IN on the Vera
Cruz front III the past twenty four
hours.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23

Rumors were prevalent il Browns
vile and Matamoros This rs rninr thAf
the passenger train from Ma'amoros 80
Monterrey did not grt through Lass night
hut inquiii's clicitcd ihe information
that the train encountered no difficult
ties. and had left Monterrey fhi m rn-
ing On time. A number ~ Americans
from ihc central part ~ Mexico arriv \
yesterday afternoon, and hey reported
that no rcbeltianps wcr encountered.
ana that there were nn reports ~ amy
alonr the Mltamoros Monte. rcy line.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23
OIL WELL.

Supplies and complete rigs In
stock. We can give you better SER
vice day Or night. Trv cur sery.tc.
ALAMO IRON WORKS
San Ani0nf0-
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1924-01-23

IL 70 Is b. p. Fairbanks Morse
and krsugeT Atlas OIL Engines
u stock. Centrifugal Pumps.