davidaulloa/AmericanStories huggingface dataset:
Evening star., 1924-12-05
SLIGHT DECLINES
In COTTON MARKET
Reports of Poor Sales in Fall River
Keep Prices Rather
Weak.
BY the Associated Press.

1NskOCIdIpu ItEE.
NEW YORK, December 5. The
cotton market opened steady today
at unchanged prices to a decline Of
IL points under further commission
house liquidation promoted by rela-
lively easy Liverpool cables, reports
of Fall sales in the Fall River market
for the week end and the recent in
crease in crop estimates.
Considerable Liverpool buying and
covering absorbed offerings at the
decline, however, and after selling
off to 22.S2, January rallied to 1896
before the end of the first hour or
back TO yesterdays closing quota
tion. General business was quiet
Another private report estimated
the crop at 1895, 900 bales, excluding
linterS
Evening star., 1924-12-05
MARKET UPSWING
CONTINUES TODAY
Great Buying Wave Means
Many More High Levels
for Year.
ny STUART II. WEST.

Special Dispatch TO The star.
NEW YORK, December. 5.-Tht
Sreat buying on the Stock Exchange
today again carried both railway anC
Industrial shares to new heights
Trading continued at feverish pace
and the volume of business was enor-
NOUS. The market was a repetition
Of what has'~hee seen on the most
excited days since the elections.
The p4.rush of high grade and
spccul l4ti yesT<tiIs and the bidding VI
one after, another of industrial IA
NOrttes went on, with little thought
of the ultimate consequences. The
only consideration was that the mar
ilet had acquired such tremendous
momentum that there seemed no i'm
mediate limit to the extent of the
advance.
Fisher Body Scars.
There were some extraordinary
movements in special issues. One OF
these was Fisher Body which was
quick to respond to the news that the
per cent notes in the amount of
Sl1,5uO,0 GOO had been called for re-
demption. Another was Pullman Com
pany stock which jumped violently on
rumors that a plan for capital split
up was being worked out. Very little
savage Arms was for sale when trad
ers started 20 bid for that stock.
International Business Machine also
rose very easily. United States Realty
y ,tinuing its extraordinary upturn
a y cd deal more than recovered the
d Mend which came off the price.
The street is still looking for a spe-
Glal distribution on the realty stocks
COla-Cola at New High.
Coca-Coa made new high as it
crossed So. Pierce Arrow shares par
ticularly the preferred, were in urgent
demand as the result of Thursday
sudden upturn i'll the 5 per cent bonds.
The electric group were almost sensa-
uonaily strong-General Electric West
Inshouse and Allis Chalmers. The lat
ter TWO made new highs. American
'an displayed more ability to advance
than 1t had at any time since word
came that there was to be no present
action on an extra distribution or Il
capital splt-up. Montgomery Ward
came in for attention again, and the
advance continued in Allied Chemical
Rail Shares Go Higher.
Chicago Northwestern, which has
been gong up quite sharply for sew
eral days, kept on with its upward
agricultural conditions would result
in Il restoration OF dividends South
eru Railway made a new high above
a, and Kansas city Southern above
Al There was strong talk of a
dividend on the latter stock. Chi
cago Great Western issues, the West
ern MaryIands, Wheeling ana Lake
Erie preferred, Peoria and Eastern
and Missouri, Kansas and Texas were
also prominent. The profit taking
incident TO the dividend declaration
on St. Louis-San Francisco had been
sufficiently We'll absorbed to warrant
a renewal OF the rise, and the stock
made a new high.
Gas stocks We're the favorites in the
public utility section, particularly Con-
soiidated Gas of New York, Brooklyn
Union and Peoples Gas of Chicago.
Confident predictions were heard again
regarding Consolidated Gas dividend
prospects. The buying reflected the be-
lief that the rate would be increased
from 50 to at least Sc, if the court de-
cision in the 81 gas case finally proves
favorable to the company.
Evening star., 1924-12-05
New Orleans Quotations.

NEW ORLEANS, La, December 5.
The cotton market opened easier in
sympathy with easier cables than
due, first trades showing losses Of 9
to II points. Prices eased off sew
eral points more after the call,
January trading down to 23.05 and
March to 23.14 or IL to Il points be-
low yesterdays close. The market
rallied, recovering practically all of
the initial loss, mainly on more
moderate crop views and lower
Liverpool due to higher exchange
rates
Evening star., 1924-12-05
~ the Associated Press.

NEW YORK, December 5.-Foreign
exchanges-Firm. Quotations lin
United States dollars): Great Britain,
4.67A cables, 4.68; 60-day
bills on banks, 4.65. France, demand,
.0542; cables, .0542z. Italy, demand.
.O433; cables, .043312. Belgium, de-
mand, 0493 II cables, .0494. Germany,
demand, 1881; Holland, demand, .4O39;
Norway, demand, 1895; Sweden, de-
mand, .2693; Denmark, demand, .1772;
Switzerland, demand, 1887; Spain, de-
mand, 1886; GREECE, demand, .018li2;
Poland demand, .l9A Czechoslovakia,
demand, .O301; Jugoslavia, demand,
.0l47; Austria, demand, .0000145s Ru-
mania, demand, .0049A; Argentina,
demand, 1850; Brazil. demand, .1165;
Toxic, demand, .38 Il; Montreal,
SO 1915.
Evening star., 1924-12-05
Rail Revenues Decrease.

Class ! railroads. with total
mileage Of 236,172 miles. had oper-
ating revenues of S572. 500 600 in
october, according 10 reports for the
month compiled by the bureau o@
railway economics from returns fled
with the Interstate Commerce Com
mission. This was a decrease tha
bureau said. OF S15.314. 600. or % per
cent under the same month last year.
Operating expenses totaled S4G3
663 500, reduction of S4l.676.S5o. NJ.
"a per cent under those for October.
1923.
The class I roads in October had n.
net operating income Of S127.105.1Oo
compared with $103, rs. ZOO in October
last year, or an increase Of S23.3eq,4nn.
In September. 1921. the net operating
income was S116,560.259
over the first 10 mnths of this wear
the class l roads had net OPERATING,
income of SS05,075,o0 which the bu-
reau said was at the annual rate OF
return OF 4.5I per cent on their prop
erty investment, compared with sS26.-
GIG. $50, or 4.56 per cent, for the same
period last year.
Glass l carriers in the Southern
district had a net operating income
of S1S,79S.900. compared with Sill
793,25O in October last year Freight
traffic on Southern roads was abou1
% per cent over the same month last
wear
Evening star., 1924-12-05
PARIS BOURSE ACTIVE.

PARIS. December 5.--Trading was
active and prices were firm on the
bourse today. Three per cent rentes,
so francs 65 centimes. Exchange on
London. S5 francs 20 centimes. Five
per cent loan, 81 francs so centimes.
The dollar was quoted at IS francs
32lk centimes.
Evening star., 1924-12-05
Capital Traction Higher.

Sales of 10 shares of Capital Trac-
tion stock at a rising figure featured
sales on the Washington Stock Ex-
change this morning. The issue
opened at its previous level. 90, clos
ing an eighth higher. at which price
the majority of sales were made.
Railway common remained inactive,
but preferred held strong al 7SL and
1885. National Mortgage and Invest
ment preferred sold TO the extent o.
130 shares at 9, while s shares OF
American Security and Trust Co.
brought 305. Firemen's Insurance
sold at 90 and Gas stock at 5S
Bonds were fairly active. George
town Gas 5s sold to the extent oe
$1,000 at 90. and Washington Gas IS
brought 1922 y,
Evening star., 1924-12-05
New Utility Offerings.

TWO public utility corporations are
making public offerings today OF pre-
ferred stock aggregating more than
$4,000, 900
Expansion Of the North American
Co.'S public utility operations both
here and abroad, will be financed
through the sale of 100000 shares oe
the North American Utility Securities
corporation preferred stock at 500
per share. In addition TO the 10000
GOO TO be raised by this sale S6.OO0,Oo9
will be derived from the sale Of the
corporations second preferred and
common stock 10 the North American
Company.
Public Offering also is made OF
Zz'OVV shares of cumulative per cent
preferred stock Of New Orleans Pub
lie Service, Inc, at S97 a share
Evening star., 1924-12-05
BUTTER LOWER TODAY

CHICAGO, December 5-Butter.
lower; creamery extras, 43la: stand
ards, Al L; extra firsts. 4Oa4215; firsts.
35a37; seconds. 32a33. Eggs. unchang-
ed; receipts. 1856 cases
Evening star., 1924-12-05
fractions Are Famorites.
PAYS ETRA DIVIDEND.

NEW YORK, December 5.-The
Babcock & Wilcox Co. has declared
an extra dividend of per cent, pay
able January 2. to stock of record
December 20.
Evening star., 1924-12-05
TURKEYS AT 81 CENTS.

CHICAGO, December 5.-Poultry-
Alive, unsettled; fowls, 15a21 " :;
springs %: roosters, 14h; turkeys,
-, ducks, 16i geese, II.
Evening star., 1924-12-05
NEW YORK STOCK EXCHANGE.
Received by Private Wire Direct to The Star Office

o abnormal volume
plete tions be
Evening star., 1924-12-05
AFTER CALL.
AF TEX JALI4-
Uo-5,,a, pa-lr IJo+aI esS1 900 az 1oD1L

Wardman Park Hotel 6s-s1 900 at 1901.
Washington Gas Lght-1O at So.
Washington Gas 6s $500 at 1O1L.
Washington Rwy. & Elec. pfd.-2 7SS,
ct TSI.. 10 at 1874. 20 at 7si4.
Firemen's Insurance Cos at 20.
Capital Traction $500 at 9s14.
Money-Can loans. ; and per cent.
Evening star., 1924-12-05
SPIRITED TRADING
IN BOND MARKET
Many Railroads Liens Hit
New Tops-Act as Tonic
to Whole List.
BY GEORGE IT. HUGHES.

Special Dispatch to The Star
NEW YORK, December 5.-Excited
speculation centering upon the junior
securities of such railroads as the
international Great Northern, ST.
Louis-San Francisco, Missouri, Kan
sas and Texas and the Seaboard kept
up in the days bond market.
New high records were the rule
in this grade of bonds. At times the
market fairly boiled. Along with this
speculative fervor there was con-
continued pressure on the market of
high grade investment issues which
were being quietly Iiquidated, appar-
entity anticipating higher money.
SeabOard Bonds Up.
Among the speculative rails l. c.
y. adjustments were especially prom
inent. They opened at 20, running up
almost Immediately above II. Up to
the first of this month the previous
high record was 667s The advance
had for justification reports that at
least per cent interest would be
paid this year and that there was
possibility the per cent would be
declared.
Seaboard Air Line adjustments.
likewise, made a new high at rs. The
bonds were simply following the
STOCK. The other Sea board issue to
make a new high was the first As
stamped. This is the Seaboard's best
secured active bond
Its gain of more than three points
In less than two hours was one of the
most remarkable developments Of all
this rising bond market. St. Louis
San Francisco incomes were also
actively bought at new high records.
At S112 they were 2h points above
the previous close.
fractions Are Famorites.
Next TO the rails the fractions were
the favorites. Third Avenue adjust
ments gained over a point on the
nrst few sales. All the Interborough
Rapid Transit issues were higher
United States Government bonds of
the old issues We're steady but dull In
the outside market a premium was bid
for the new Treasury As. Quotations
for high-grade railroad issues were not
appreciably changed, but there were
large blocks for sale around prevailing
levels. Heaviness persisted in the for
eign list, and the new French Is sold
again at the issue price.
Among the days new offerings was
$2,000,000 Kendall Mills first 6l2s due
1914 to yield CTS per cent
Evening star., 1924-12-05
Washington Stock Exchange
SALES.

Potomac Elec Cons. 5s-S1 900 at 9s7s.
Georgetown Gas 5s-Sl00o at 80, $1,000 at
90 SO, 900 at 30. 81 900 at 80.
Washington Gas IS '33-s5O0 ar 1921,
81 900 at I02l5, 1000 at 1921.
Washington Rwy. & Elec. 4s-S1, 900 at 7614.
Wardman Park Hotel 6s-S1. 900 at 1O0l2.
Capital Traction Colo at 80, 90 at SO, 20
at SO. 10 at a3. 10 at 93, 10 at 93ls, 10 at
93Is. so AT 93ls.
Washington Gas Light-10 at 50.
Wash. Rwy. * Eiec- pfd.-7 at 7sA, 10 at
TSA
American Security & Trust Co.'S at 305.
National Mtge & Invest. pfd.-1Oo at 9. SO
at 9.
Evening star., 1924-12-05
semi-AnnuaI Dividend voted.

Directors of the International Banl1
nave declared the regular semi-an-
hual cash dividend at the rate of 10
per cent per annum, payable on Jan
uary 10 to shareholders of record
January /. 1t will total $4,000.
At the January meeting directors
Will undoubtedly order undistributed
profts be placed in the surplus ac-
count instead Of disbursement in tho
form of stock dividends, as has been
formerly done. This, it is pointed
out VIII enable the bank in a short
time to increase It's cash dividends.
Expressions of stockh olders' opinions
have been solicited on this point
current earnings of the Interua-
tional in every department have in
creased materially over the corre-
spending period of last year. share
holders were told in a circular letter
accompanying the dividend announce
ment
Evening star., 1924-12-05
Joint STOCK BANK
PLANS NEW ISSUE
S500,000 Bond OFFERING
Voted by Directors-Other
Financial Notes.
BY CHAS. U. SHAIItIHIrn

directors Of the Potomac Joint
STOCK Land Bank authorized an ad
oltlonai issue Of 100000 per cent
1V-"O year farm loan bonds at the
regular meeting yesterday. Public
oHerlEg of the fiotation will be made
IN about 10 days through Brooke.
Stokes q Company, it is understood
RMS institution. which was or
gahlzed here about two years ago
to aid agricultural interests in Mary
land and Virginia, has resources in
excess of $2,750,0O0. To date it's bonds
are outstanding to the amount Of
SZ,5OO,OOO. Loans are only made on
the highest caliber Of farming areas.
maturing 80 yeras from date, which
extends adequate facilities to the at
present harassed agricultural folk
}. F. Saul, jr.. director and general
counsel of the Farmers and Merchants
National Bank Of Salem. Va, was
elected to seat on the board at yes
terday's meeting as was Carroll
Pierce, Vice president and cashier Of
the Cit!' National Bank Of Alex
andria, S. uaJ@~~ame was proposed at
the previous meeting of the board
A similar issue Of bonds a few
months ago was oversubscribed.
Evening star., 1924-12-05

+Partly extra. Playable in preferred stock.
Dividend rates ss given in the above table
are the annual cash payments based on the
latest quarterly or haf-yearly declarations
Unless otherwise noted, extra or special
dividends are not included.
Evening star., 1924-12-05
FOREIGN EXCHANGE.

Quota tions furnished 10y W. b. Hibbs & Col
Nominal. Selling checks
Evening star. [volume] (Washington, D.C.) 1854-1972, 1924-04-13

Next week: Downfall.
Copyright. fe53 nv the CIIman Feature
SAfykn
Evening star. [volume] (Washington, D.C.) 1854-1972, 1924-04-13

like the water, he will remind you
that thousands OF other people do, and
that when motor boating becomes
more popular there will be more room
on the highways for you.
with the development of the
Packard motor for great lakes run
abouts and the extension of Packard
service to cover motor boa.ers'
throughout the country" says Mr..
Coolican, there Is going to be an
amazing increase in the popularity
OF the lakes. rivers and inland water
ways for pleasure purposes. This is
going to furnish a lot OF real enjoyr
rent and recreation for those who
find the highways crowded on holt
days and Sundays. And at the same
anter for those who do not care for
the water.
THE man with a boat will use his
car to reach IL, to be sure, but he
will use roads that are of the beaten
track. Thus his presence will not be
Particularly noticeable on Sundays.
He can have his recreation without
In any way annoying anybody else,
and the chances are that because he
will use less frequented roads he will
also come to enjoy his ride to the
waterway.
This will leave the main highways
open TO long distance travellers, as on
week days, while the secondary roads
will come into popularity with those
who are out motoring for pleasure.
Motor boating will he q boom to
motoring, and vice versa"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1924-04-13
No. 4I--oNE JOB A DAY.

While waiting for a member of his
household to make a few purchases
at the grocery store Smith and i
drifted to our favorite topic Of COM
pairing notes on our motoring expert
ences. A loose spring clip on Smiths
car furnished the proper lead.
These are the little things that
pave the way for the most serious
trouble you can have" / began. I'm
less this clip is frightened so that il
will hold the leaves on the spring
firmly there is going to be trouble
when the car gets a twisting motion
on a rough road Besides. II it does
nothing worse IL will keep on rafting.
And that is certainly annoying--and
unnecessary.
~ know it," Smith replied. when
/ get time I'll fix it
why not fix it now?" ] suggested.
AS though he accepted the chal-
lenge, Smith procured a wrench from
his tool kit and began trying to
tighten the nut. Suddenly ne stopped
and looked up at me inquiringiy. The
nut was turned up as far as 1t would
go. yet the clip was still loose.
See this l said, pointing to tube
on top Of, the spring through which
the bolt runs. Smith nodded. We'll,
isn't it evident to you that this tube
is too wide and that when you try TO
tighten the bolt YOU are SIMPLY trying
TO compress this tube?'
Smith saw the trouble at once,
aske me for a file-because he hadn' [
realized before what a necessary tool
file iS-and, after removing the bolt
entirely. began filing off the end of
the tube. Thus when he fitted the
tube and bolt to the spring again the
nut was free to turn up further
just enough to tighten the clip aeainst
the spring leaves.
You can put that down as your
job for today" | said, when we had
Evening star. [volume] (Washington, D.C.) 1854-1972, 1924-04-13
WHITE LIGHT HELD
ACCIDENT CAUSE
Move on to Change to yell
low DiffuSed Illumination
at Night.

CHICAGO. April 12.-Hypnotisrn of
3rircrs by the brilliant white lights
of their own automobiles causes
many accidents in night driving, &C.
cordinS to Richard E. Kropf. supreme
regent of the Royal Arcanum. who
addressed a safety meeting here. Ex-
pertS insist that watching the road
through the scintillant rays produces
urowsiness, he said
Several excellent reasons may be
advanced for changing automobile
headlights from white light concen-
trated to yellow light diffused," as
serted Mr.. Kropf, who as head Of the
Royal Arcanum is carrying on a
nationwide accident prevention cam
paiSn among the 5000 members of
that order in ths United States and
Canada.
Like Night Driving.
with white concentrated light the
driver has the same sensation as in
driving through a blacks tunnel. He
sees the road for distance ahead.
All the rest is shut out by darkness.
With yellow diffused headlights his
eyes function more as they do during
the day and almost as effectively.
DRIVERS approaching cars with
Rlaring white headlights are blinded.
Unless the other driver shuts off the
lights they must either risk collision.
stop or swing wide and risk the
the offending lights, if he shuts them
oft suddenly. experiences a marked
ocular reaction from extreme bril-
Hancy to darkness and is also in
Evening star. [volume] (Washington, D.C.) 1854-1972, 1924-04-13

started again. a lot of car owners
think they are keeping their machines
IN perfect condition IL they keep the
body, the wheels and the trimmings
the carbon cleaned out and the car
Systematically creased. A lot OF them
don't realize that even this IS neces-
sary, but. of course, You learned the
Importance of taking this step short
~ after you bought the car. l called
the plan the instAllment idea be-
cause you give the car a little atten-
ton every day. But those who have
learned how to take care OF their cars
by this simple method very often for
get that many other less conspicuous
parts of the car are In regular need OF
attention. These are the sort OF
things the regular repair men never
touch when they arc doing some big
repair job on your car. These are
the sort OF things which creep up on
you gradually and make your car a
candidate for the junk pile.
But there is way to solve this
problem. Simply enlarge upon the
'installment' idea Make up your
but not when you are taking the car
out the garage or putting 1t back.
You need that time for greasing.
cleaning and polishing. Some time
during the day you will find a few
moments when you haven't anything
to do. TIats the time to get out
your tool kit and tighten that loose
fender bolt. fill UP that cut in the
spare tire with rubber putty, clean
out the strainer in the vacuum tank,
adjust the fan belt a little tighter.
clean the distri butor and breaker
points. wedge a little felt under the
end of the floor boards SO that they
cant rattle, see whether the head
light bulb is really burned out or
just that the wires are disconnected,
clean the commutator of the neglect
I'd horn motor and adjust the shaft so
as to make il louder
That's enough" Smith interrupted
Evening star. [volume] (Washington, D.C.) 1854-1972, 1924-04-13
1877 AUTOS STOLEN
IN MONTH IS RECORD
Baltimore Police Blame Joy-Riders
and Bootleggers for
Increase.

BALTIMORE, April 1.-THE high
peak in automobile thievery in the
city was reached last month. with a
total Of 1877 stolen machines Police re-
covered all but nine.
Police. however. declare there are
no organized bands Of auto thieves
in Baltimore. Approximately 50 per
cent of the automobiles reported as
missing were found abandoned a few
hours after their disappearance. JOY
riders and bootleggers are blamed.
At present, police say, ii is the joy
rider" the fellow who knows how to
drive a car and "borrows" one he
sees idle who is giving the most
trouble
The bootlegger who is caught
Transporting liquor in his own ma
chine. if arrested. has his machine
seized by the government, ii was said.
For this reason he has resorted to
taking the automobile of others for
the purpose.
Since January l police records
show a total of $50 machines stolen
in the city. OF this number. S64 were
recovered by police. For the same
period OF last year $50 were stolen.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1924-04-13

MY car needs all that attention and
a lot more. I'm willing to give this
plan a try anyway"
All the automobile repair work in
the country could be done in the total
time which drivers spend loung,ng In
their cars while waiting for this, that
and the other fellow" ! added.
But you forget" Smith argued,
when a man Is driving car he
doesn't want to get his hands all
dirty, especially when he hasn't any
means OF cleaning them without go
ing out of the way for soap and water.
Just look at my hands"
IF that's the real reason why you
have been putting Off the daily at
tention to your car" retorted,
then let me give you q little tip.
Kerosene is the best thing to clean
dirt and grease on hands. Garry a
little bottle of IL with you in the car,
and when the job Is over apply a lit
tie OF IT to your hands with a clean
ing rag and watch IL work. Remcni-
Der. true interest in the cars we'll
being will find a way"
Next week: Downfall.
Copyright. 1913, nv the CIIman Feature
Evening star. [volume] (Washington, D.C.) 1854-1972, 1924-04-13

the corresponding month in 1923. and
the three months total was 10 per
cent above the first quarter a year
ago, it Is stated
The March figures total 356,50s.
slightly more than in March last
year, and a ~ per cent drop from Feb
ruary this year.
Drought on the Pacific coast, the
heavy production schedules OF Feb
ruary, and the prevalence of bad
weather in many sections OF the
country slowed up sales and output
sharply during the early parr of
March IL fS reported
Evening star. [volume] (Washington, D.C.) 1854-1972, 1924-04-13
SAYS HEAVY TRAFFIC
IS BOOSTING BOATING
Coolican Declares Congested Roads
Cause People to Turn
to Water.

Washington who doesn't mind having
people ask him how they are going
to enjoy Sunday If the increase in
automobiles is going to continue.
When you complain about the num-
Der OF people on the roads Sunday
afternoon oscar coolican merely
suggests that you 30 In for motor
boating. And IL you say you don't
Evening star. [volume] (Washington, D.C.) 1854-1972, 1924-04-13
WHEN FAN BELT SLIPS,

II caught with a slipping fan belt
and no wrenches with which TO make
the change OF adjustment slip the belt
OF the upper pulley a moment and
wrap some string or cord around the
pulley, tying the ends securely This
viii give the belt more traction
against the pulley and also serve to
take up a little more OF the slack