davidaulloa/AmericanStories huggingface dataset:
Evening star., 1925-08-15
CHICAGO LIVE STOCK MARKET

CHICAGO, August IS Omitted
States Department of Agricultural
Hogs-Receipts, l.50o head, mostly
unchanged at Fridays low point; 10
to IS lower than average; bulk de-
sirabie i40 to 210 pound weight, 1910
a13.so; top, 14.oo; bulk, 225 to 400
pound butchers, 13.4Oa135O: packing
sows largely 11.S5a12.2O; shippers. 800;
estimated holdoyer, 5000; heavy
weight, 13.00a15.60; medium. 1315a
1875; light, 12.25a14.00; light lights,
12.0oa14.00; packing sows, 1l.70al2. as;
slaughter pigs. 13.00a13.85.
Cattle-Receipts, 1000 head. after
& fairly active week, all grades of fat
steers except choice heavies, strictly
choice yearlings. closed I'M nut. weak
to unevenly lower; most yearlings and
medium weight, so off, spots more;
choice heavies and yeariinss special.
ties % to so higher; top on heavies
so up; at 1910 for 1872 to 1916
pound averages; heavies in broad de-
mand most Of week; yearlings in dol
drums; best long yearlings, 1890; few
above 1900; general trade very un-
even; undertone at close indicating
further readjustment downward in
response 10 weakened dress trade;
gFassers closing mostly rs off; stock
ers and feeders steady to strong:
opOIo ing uCfy IAt So~SB SdihlSi .
and cutters steady; teifers and grass
bulls. so to 75; some dealers, so to
100 up. Bulk prices follow.
Grain fed steers, 11.50a16.26; grass
steers, 7.75as50; fed cows, 6.50aS.5o;
grass cows, 4.00a6.o0; grass heifers,
5.5Oa7.25; Gamers and cutters. 3.00a
$50; veal calves, 12.5oaf368; stockers
and feeders, 6.25a8.00.
Sheep-Receipts, 5000 head; for
week around $4,000 head direct and
1877 cars from feeling stations; today's $
receipts, mostly direct, marked nomi-
nal; compared week ago, fat lambs
strong to 25 higher, natives showing
most advance; Gull natives steady;
feeders fully steady, country denla nd
broad; light and handy weight aged
sheep and yearlings mostly steady;
heavy fat ewes weak under slow de-
mand; top range lambs, both fat and
feeder, 1850; native top, 1925; bulk
prices follow fat lambs, 1450a15 so;
culls, 11.00al1.50; feeding lambs, 1850
a15.50; fat ewes, 6.50a7.50; yearlings.
WetherS. l | .00al2.0o.
Evening star., 1925-08-15
FIRM UNDERTONE
IN STOCK MARKET
Business Quiet Today Due to
Absence of Traders for
Week End.
81 TIE Associated Press.


NEW YORK, August 15.-EXcept
for a break of points in American
Can and sharp advances in some OF
the other high-priced industrials. the
main body of stocks in today's stock
market showed little change, al
though the undertone was distinctly
firm Mack Trucks was run up over Z
points 10 a new top Just below III.
Westinghouse Airbrake jumped .
points 10 1872 and General Electric 5S4 s
10 3272., all new record high prices.
DUPONT was bid up points and Ha-
vana Electric. g. In the general list.
the euuipments, electrical and motor
issues gave the best demonstration OF
group strength, and there was a no.
,ticeable cessation of selling pressure
in the oils. The closing was firm. Total
sales approximated 100000 shares.
Strong at Opening.
Stock prices displayed a strong tone
st the opening. Westinghouse Air
Brake opened higher and initial gains
of point or more were recorded by
White Motors. National Dairy Prod
uCts and F-leisChmann, the last named
touching a new 1925 high. There was
g better demand for the oil shares, de.
spite recent gasoline price cuts.
Owing to the absence of many trad
'erS over the week end, traolnG was
extremely quiet but the strong under
tone was maintained. United States
Cast Iron Pipe Jumped points on a
few sales, and International Telephone
moved UP more than on the an
nounCement that the company had
arranged 10 acquire the international
Western Electric.
Other Gains Noted.
Wabash preferred B also moved up
8 points to new top. and Mack
Trucks recorded an early gain Of 3h
points. While the weekly mercantile
reviews did not disclose any market
Improvement in business during the
week. previous gains were generally
maintained and a cheerful sentiment
continued 10 prevail in most lines of
trade Foreign exchanges displayed
g firm tone with demand sterling
quoted around s4.S5l3 and French
francs at 467 cents.
Evening star., 1925-08-15
CHICAGO GRAIN MARKET.

CHICAGO. August Is CP).-Despite
an unexpected upturn in Liverpool
quotations the wheat market here
underwent a sharp setback in price
today during the early dealings.
Downturns in value were ascribed
largely 10 bearish crop reports from
Canada. Considerable attention was
also being given to persistent dearth
Of export business and the possibilities
that northwestern markets would sink
TO shipping basis under Chicago.
The opening, q lower to - higher,
September 1.60 to 1.61 and December
1.5sN to 1888 was followed by a
drop that carried September down to
s1.5s and December to S156.
In the absence of any pressure TO
sell, corn and oats were relatively
firm as compared with wheat. After
opening at u off TO q up. September
1.o4& to LOS. the corn market de.
clined fractionally all around, but
then rallied to yesterdays finish or
above.
Oats started unchanged to AaA
lower, September 40A to 40R, and
later held near the initial range
In line with hog values, the pro-
TV11 -
Evening star., 1925-08-15
COFFEE FUTURES DECLINE.

NEW YORK, August Is CP).-Holi-
day in coffee market today.
After opening a a decline of to 90
points, coffee futures Yesterday rail-
lied to 1920 for December contracts.
active months selling 10 TO 20 points
net higher on covering. The advance
met increased offerings, however. ac-
companied by rumors that the daily
limit on receipts at Santos would be
raised temporarily from 10000 TO 35,-
600 bags, beginning next Tuesday. De-
cember broke to 1880 in late trading,
closing at that figure. The general
market closed at net declines of 10 to
30 points. Sales were estimated at
$1,000. Closing quotations: Septem
Der, 1885; October. 1900; December
1880; January. 1000; March, 1870;
May, 1890: July. 14.15.
Spot coffee steady: Rio rs. 20%: San.
tos Is, 23A to 23A. Cost and freight
offers included part bourbon 3s and S.
az 21.75 TO 22.75.
Evening star., 1925-08-15
CANADA WHEAT EXPORTS,

OTTAWA, August Is Cp-Exports
OF Canadian wheat for the IL months
ended July 81, last. amounted to
146,958,15S bushels. valued at $780,
979.57l. For the same period end
ing July 81. 1924. total exports were
292 ,425, ,l53 bushels, with a valuation
Of 1926, ,274,446.
Of the total exports to the United
Kingdom, Canada's biggest wheat
buyer, during the 12-month period.
i4,Sl5,7l0 bushels went through the
United States and 40.95s,SS5 bushels
through Canadian seaports.
The statement issued by the Do
minion Bureau of Statistics shows to-
tai exports to the United States dur
ing the l2 months ended July 81 last
Of 3,l71,426 bushels. valued at $4514-
616, as compared with 22,040, ,5S4
bushels, valued at s2O,SO2.3 .353, In the
preceding 12-month period.
Evening star., 1925-08-15
CLAQUERS HELD FRAUDS
BY JUDGE IN AUSTRIA
Cannot Force Payment Of Wages
by Composer, He Decides
in Case
Correspondence of the Associated Press.

Correspondence of the Associated Press
VIENNA. July 22.-Orga anized ap-
plause constitutes a deception OF the
public, in the opinion of a Vienna
Judge. Persons engaged TO do the
hand-clapping and TO voice their ap.
plause In other ways cannot claim
remuneration
The case arose from a dispute be
tween DR.. Stefan. composer of comic
opera entitled ,Agri." and the leader
Of a claque at the Bugtheater. where
the first performance of "Agri' vas
given. The leader claimed that the
composer had agreed TO employ the
service Of the claque. and that the
claquers had rendered a manual serv-
ice worth SOC. 900 crowns.
The judge declined to hear just what
the arrangement between the two men
was and rendered judgment against
the chief OF the claqueurs on the
grounds that the activity of a clsque
constitutes a fraud upon the public.
and that II is Immoral"
Evening star., 1925-08-15
BARELY STEADY TONE
IN COTTON TRADING
Decline Of 7 TO Is Points at Open
ing--0ferings Increase as
Business Progresses.
By the Assoeis.ed press.

NEW YORK. August 15.--The cot
ton market opened farely steady today
at decline OF TO IS points in re-
sponse 20 relatively easy Liverpool
cables and reports of lower tempera-
lures in the Eastern belt.
Early offerings were soon absorbed
by trade buying and covering, how
ever, and the market sold 5 to points
net higher. December advancing 10
1888. Offerings increased at the
higher figures and later fluctuations
were rather irregular, but the market
showed A fairly steady tone at the end
of the first hour
Cotton futures closed steady at a
net decline TO 10 points.
Evening star., 1925-08-15
IRREGULAR MARKET
IN STOCKS SHOWN
Review for Week Indicates
Upward Trend, With Buoy
ancy in IndustriaIs.
By the AseociatAd Press.

NEW YORK, August 15.--Further
irregularity developed in this week q
stock market, with the general list
pointing upward and the rails super
seding the industrials as leaders OF
the advance. Spirited bidding for the
rails, particularly the low-priced ts-
sues, carried the general railroad aver.
age TO the highest level in eight years
while the extreme buoyancy OF the
high priced industrials pushed the
general Industrial average to the high
est figure In the history of the stock
exchange.
EsulIish Operations Inspired.
Bullish operations were inspired by
q large quota of favorable trade news
This included the publication OF sta
tistics showing that freight carload
ines for the last week in July were the
largest Of any corresponding week or
record, and at a new high level for the
year; publication of a favorable for
eign trade statement for July; tenn
porary esta tablishment of the highest
price since last February for copper
and the declaration of an extra cash
dividend of 81 or the common stock ol
the General Motors Co. Lowering oi
call money rates, an increase in the
Federal Reserve ratios for both the
New York bank and the system as 4
whole and the announcement OF ar
agreement between Great Britain anc
France regarding a security pact alsc
were regarded as favorable influences
Unfavorable factors included add
tional cuts In automobile and gaso-
line prices. and another increase ir
crude oil output last week. Oils were
persistently hammered by bear trad
ers, who succeeded in forcing ex-
tensive liquidation of these issues
bout a dozen of which sagged u
new low levels for the year. witt
the exception of the companies en-
gagged in the manufacture of truck:
and busses. most of the motors also
were inclined to heaviness.
Steel Relatively Firm.
Steel shares held relatively firm
While the decrease of about 10000
tons in the July untitled orders o.
the United States steel Corporation
was a little larger than Wall Stree
had expected. reports from the stee
centers indicated expanding mil
opera tions and stifening price ten
denotes. Equipments also held firm
In anticipation of larger railroad or
ders next month. General Railway
Signal. Westinghouse Airbrake anC
Weston Electric instrument, which
are engaged in the manufacture o
automatic train control devices
mounted TO new high levels for th'
copper.
Coppers improved under the lead
ership of American Smelling, whicl
crossed los to the highest price in
years.
Outstanding strong spots in tn,
railroad group included Chesapeake
and Ohio, New Haven, New York
Ontario and Western. Norfolk ant
Western, Frisco common and th1
Erie and Wabash issues, all Of whicl
sold at their highest prices in yea
or longer during the week.
Evening star., 1925-08-15
WALL STREET BRIEFS.

By the Associated Press.
The preliminary statement of the
WHY'S Overland Co. for the hrst half
OF 1925 shows approximate net profit
of $l0,5O0,0o0 after ordinary taxes, in
terest and expenses OF new models.
but before Federal taxes, in compari-
son with s2.7S1, ,692 in the correspond
ing period last year.
Many lines of business promise to
be distinctly better in the second half
of 1925 than IN the first half. in the
opinion OF Leonard P. Ayres, Cleve-
land banker, who sees continuance of
this improved condition extending
into 1925. The exceptional activity
of the construction industry in recent
years has been a most important, II
not a dominant factor. he asserted.
in shaping the course of general
business. The banker also foresees
a considerable decline from recent
extremely high prices of rubber fol-
lowed by a world shortage and a re-
turn to very high prices within the
next few years.
Motor wheel Corporation plans to
purchase about onefifth of its per
cent first preferred stock at the calla-
BILE price of 115 fat in the 10 days
tional Bank and American State Saw
ings of Lansing. Mich, have been
authorized to pay for the stock. The
outstanding stock of this issue will
be reduced to 1880 shares. of which
about 10, $50 shares were outstan nding
June so. If sufficient stock is not
offered within the next 10 days to
make the reduction, the necessary
will be called October l.
Large quantities of structural and
other forms of steel were bought by
the railroads in the last week. The
Great Northern ordered 1920 tons of
structural steel from the American n
Bridge Co. and the Louisville and
Nashville, 1880 tons from the Nc.
Clinttc Marshall Co. Bethlehem Steel
booked $500 tons of steel for the
Central Railroad of New Jersey and
the Illinois Steel Co. got an order for
5000 tons of rails from the Louis
Vile, Henderson and st. Louis Rail-
way.
Evening star., 1925-08-15
GRAIN AND PROVISIONS.

BALTIMORE, August Is (SpeciaD-
New potatoes. barrel. 1.75a6.0o: culls,
1.25a1.50 bushel. 75a2.00. Beans.
bushel, 4oa50. Beets. 100, l.ooa2 90.
Cabbage 100. 2.00a300. Sweet Pota.
toes. barrel, 1.25a5.0o. Yams, barrel.
4.ooa4.50. Carrots, 100, 2.o0a4. .0o
Corn, dozen. 6a1o.
Celery. crate. 1.50a250 Cucumbers.
basket. 15a20. Eggplants. basket, 40a
so. Lettuce. crate. LOCAL so. Lima
beans. bushel. 75a1 90. Peas, bushel,
1.5ea2.25. Peppers, basket. 15a30.
Onions, bushel. 1.75a2.o0 Squash,
basket. 10a2O. Tomatoes, hamper,
25a5o; green. 25a30; packing stock,
bushel. 50a60.
Apples. barrel. 1.ooaS.50: bushel.
50a2.0o. Peaches. bushel. 1.G0a2. so.
Damsons, basket, 75a9o. Cantaloupes,
crate. 40a1.00; basket, 35a5o. Black
berries, quart. 12a15. Huckleberries
quart. 20a22i2. Plums. basket, 3oa5o.
Pears, bushel, 225a275: basket, 75a
100. Watermelons. each. 1Oa45.
Evening star., 1925-08-15
DIVIDENDS.
Heat Made Britons Thirsty.

Corrcspondence OF the Associactd Press.
LONDON, July 22.-The recent pro-
longed spell Of hot weather. most ur-
usual for England, has been response
BILE for an unusual consumption of
lemons. In four weeks 52.500,o00 of
the fruit have been consumed In Great
Britain. That quantity represents the
imports for June, and is $4,000, 900
more than the usual monthly consign.
nients from Italy
Evening star., 1925-08-15
First Trades Show Losses.

NEW ORLEANS. August IS GED.--
The cotton market had an easy open.
ing owing to the fact that Liverpool
was considerably lower than due. First
trades here showed losses Of II to l3
points. and prices eased off further
after the call, October trading down
to 22.76 and December to z299. The
early weakness was partly due to rain
In Texas. Prices soon rallied sharply
on covering over the week end. Octo.
Der moving up to 23.03 and December
10 2320.
Cotton futures closed steady at a net
decline OF IA to IS points.
Evening star., 1925-08-15
Alps to Have Aerial Railway

SofrcspohucHCc oI tAc hseocieScu Tfcss
MUNICH, July 2s.-Construction OF
a suspension railway, the first of It's
kind in the Ravarian and Austrian
Alps, has been started, under sanction
from the Bavarian government, t6
run from Garmisch- tc
the Kreuzeckhaus, a favorite goal oi
many tourists. The railway will be
able to carry 140 passengers per hour
and completion Of Il u expected by
tha end Of this year.
Evening star., 1925-08-15
Fair Demand In Liverpool

LIVERPOOL, August Is R-cot.
ton. spot. fair demand: prices steady:
American, strictly good mIddltne
1886: good rIfddling 1855: strictly
middling. 1881; middling, 1906; strict.
ly low middling, 1916: low middling
l2.4i; strictly good ordinary. 1901;
good ordinary. 11.41. Sales, 1000
bales, including $500 American. Re.
ceipts, 2.000 bales, including t,20o
American. Futures closed barely
steady; August, 1850; October, 12.4O:
December, 1898; January. 1885;
March, l2.42; May, 12.49; July. 12.45.
Evening star., 1925-08-15
FOREIGN rxCHANGr
By the Associated Press.

NEW YORK, August 1s.-Foreisn
exchanges steady. Quotations in
cents:
Great Britain, demand, 4S5 7.16:
cables. 4S5 1918; 60-day bills on banks,
481$. France. demand, 4.s6%; cables,
4.67A. Italy, demand, 3.Sl; cables.
1914.
Demand Belgium. 4.5oA: Germany,
1880; Holland, 40.24; Norway, 1S.45:
Sweden, 26.s5; Denmark. 22.Ss; Swift.
erlAnd, 1s.4lh; Spain. I4.42h; Greece,
1.56h; Poland, 1874; Czechosolvakia,
2.Ss; Jugoslavia., 1.fsA; Austria, IAN
Rumania, 51%; Argentina, 1887;
Brazil, 1906; Toxic, 41k; Shanghai,
7s&; Montreal, 100 1-16.
Evening star., 1925-08-15
CLEARING HOUSE REPORT.

NEW YORK, August Is GD.-The
actual condition of clearing house
banks and trust companies for the
week shows excess reserve of $685.
270. This is decrease in reserve of
S14 $50, $50, compared with last week.
Evening star., 1925-08-15

Foodstuffs exported by this country
this year will total twice the value OF
those 10 years ago.
Germany has a union of iron and
steel pipe manufacturers which con-
trolls the prices.
Evening star., 1925-08-15
CALLS PREFERRED STOCK.

NEW YORK, August Is CF).-The
Western Electric Co has called for
redemption on September Is at $110
a share all of its preferred stock out
standing, amounting to $24.679 500 Of
an authorized $4,000, 900 issue.
Evening star., 1925-08-15
Markets at a Glance

By the Associated Press.
NEW YORK-Stocks higher; Gen.
eral Electric and Mack Trucks at new
high records. Bonds steady; oil liens
show better tone. Foreign exchanges
irregular; allied rates show little
change. Cotton easy; rain central
Texas Sugar and coffee holiday.
CHICAGO-Wheat lower: larger re-
eeipts. Corn steady; tight cash situa-
tion. Cattle steady. Hogs easy; slack
demand
Evening star., 1925-08-15
CHICAGO STOCK MARKET.

CHICAGO, august l5.-Foliowing
is a report of today's sales, high. low
and closing quotations at the Chicago
Stock EXCHANGE:
Evening star., 1925-08-15
BOSTON STOCK MARKET.

BOSTON, August l5.-Following is
a list of today's highest, lowest and
closing prices for the most active
stocks dealt in here:
Evening star., 1925-08-15

tPartly extra. Payable In preferred stock.
are the annual cash payments based on the
Istest quarterly or haif-yearly declarations
Unless otherwise noted. extras or speci al
dividends are not included.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-01-08
ECONOMY BARS GUN ELET4TION.
HOUSE COMMITTEE INFORMED
Hughes Says No Violation of arms Farley Treaty Is
Observation-Disclosures Explains Other Projects
Must Yield to Presidents Plans.

Continued from First Page
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-01-08
PRATT TO RESUME
FORBES CASE STAND
Is Expected to Detail Further
Connection With Big
Syndicate.
By the Associated Press

By the Associated Press.
CHICAGO, January S.-Further tes-
timony by W. D. Pratt, wealthy Kan
sas City contractor, as to his con-
nection with a Colombian concession
syndicate, alleged by the prosecution
TO have figured In a conspiracy to
defraud the Government through vet
Grams hospital contracts, was in
prospect at today's session of the
Veterans Bureau conspiracy trial.
Testifying for the defense yester-
day, Pratt so identified certain 'docu-
mentary evidence as to refute, in the
view of defense counsel, one of the
most damaging of the Government S
allegations against Charles r. Forbes,
former director of the Veterans Bureau,
and j. w. Thompson, wealthy st. Louis
contractor, co-defendant in the present
trial.
A letter from Pratt to J. w. Black,
Thompsons former partner, dated
October IL, 1922. and mentioning GER
tain Government construction work,
had been written entirely in reference
tion as pertaining to Veterans Hos
pital bids. Pratt testified the letter
had been written entirely in reference
to a thep pending railroad coustruc-
ton project in the South American
Syndicate's plan.
Pratt also identified a letter he had
received from Black, dated May 20,
1922 in which Cardinal Dougherty of
Philadelphia was mentioned as one
from whom the promoters of the syn
dictate hoped to obtain complimentary
mention to the president elect Of the
republic of Colombia.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-01-08

below the 5-5-3 ratio. the Secretary
said, had resulted from the laying up
of the Florida, Arkansas, Wyoming
and Utah for boiler repairs. How
ever, he declared, 1t probably would
be incorrect to say that the ratio
ever had dropped below that pre-
scribed by the treaty.
Asked if a 2,000-pound bomb
dropped from the air would not jam
the turrets of a battleship, shock the
men and render the crew useless, Mr..
Wilbur said the statement was "abso-
iutely untenable and ridiculous"
The practical utility of the air
cruisers like the Shenandoah and the
Los Angeles, he said, Is yet to be
demonstrated.
previous statement by Mr.. Wilbur
that each signatory power has car
ried out with scrupulous attention
the provisions of the treaty" Repre-
sentative Andrew, Republican, Massa-
chusetts, asked:
Had you this in mind that three of
those powers had elevated their
guns?'
FRANKLY, / had not" the Secretary
replied.
Mr.. Wilbur said the Naval Air Serv-
ice had asked for $32, 0,000 for the
next year, but that after consultation
with the Budget Bureau, the Navy
Department cut the amount to $20,-
100000. Then the Budget Bureau, he
said, recommended only $16,000,00
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-01-08

, ground for alarm that the Navy was
falling below the 5-5-3 ratio.
In letter signed by him and pre-.
scented to the committee at the same
time, he said he would make no rec.
ommendation on the bill proposing
expenditure of $4,000, 900 for modern
ization, as it would conflict with
President Coolidge's economy pro-
gram. He added that the bill pro-
posing expenditure of approximately
$40, 100000 for four scout cruisers,
floating dry dock and an aircraft car
rier also would conflict with the Pres
ident's views on economy.
proposal to go ahead with the
gun elevation program, Mr.. Wilbur
said, had been presented to the Presi-
dent by the director of the budget
who then informed the Navy Depart
ment that the President viewed the
expenditure contemplated as in con-
flict with his financial policies.
Other Expenses Banned.
The proposed expenses of $70,000,-
600 for construction of four scout
cruisers, one air craft carrier and one
floating drydock. Secretary Wilbur
added. had been disapproved by the
Budget Bureau on the same ground.
Asked what should be done to bring
up the whole Navy to a $50 ratio.
the Secretary read statement of
facts and not a recommendation,
saying IT would need an expenditure
of s110,000000 annually for 10
years. OF this amount $1S,000,000
would be allotted for aircraft devel-
opment
He insisted. however, that with the
completion of repairs on the battle
ship Florida the battle fleet itself
will be up to the treaty ratio.
Questioned by members of the
committee, Mr.. Wilbur said that, while
he believed the American Navy was
equal to Great Britains in tonnage,
American capital ships are about two
knots slower than Great Britain's and
that the American guns are 'utranged
by the British by about 800 yards.
Representative Britten Of Illinois.
ranking Republican on the commit
J tee, asked the naval Secretary on
| what basis the department believed
! it's capital ships were on a par with
| Great Britain 'if 10 to 10 of our
! ships are materially outranged ana
| less speedy, even though tonnage is
fairly equal"
The Secretary replied that the 5-5-3