davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-03-30
Program at Institute,

The weeks schedule for the local
chapter, American Institute of Bank
ing. follows:
TONG ht-Standard banking class:
lecture, Systems of Banking" by
f. ]. Donohue.
notwithstanding class: lecture
by Joseph X. Meyer. conducting a
review of the subject matter of this
course preparatory to an examina-
tion TO be given in a few weeks.
ednesday-Raymond B. Dickey
will lecture before the negotiable in
struments class on Real and Per
sonal Defenses"
Thursday-A review will be con-
Quoted by Eliot II. Thomson in the
elementary banking class, examina-
tion to be given in a few weeks, and
the class in public speaking and deg
bate will meet in Washington Stock
Exchange rooms.
Friday-Standard banking class;
lecture by F. J. Donohue on Inter
national Exchange" and a review by
r. Gordon Finney on the studies of
the credits class.
Bank Blanks on Hand.
Blanks for reporting the initial
condition of local banks in 1925 have
been received from the controller Of
the currency.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-03-30
COTTON QUOTATIONS
OPEN WEEK LOWER
Reports of Fairly Good Rains Help
Force Prices Down
ward Today.
BY the Associated Press.

by the Associated Press.
NEW YORK. March 3o.-Reports of
rains in northeast Texas, combined
with relatively easy Liverpool cables.
led TO A renewal of selling in the
cotton market in today's early trad
ing. The opening was easy at a de-
cline of IL to 20 points and active
months sold 90 to % points net lower.
July declining to 24.57 and October to
1888. There was some trade buying
on the scale down as well as cover
ing and after execution of stop orders
below the 24a4 cents level for July.
prices rallied several points from the
lowest. Belief that the drought area
in the Southwest had been consider
ably reduced encouraged bearish
opinions. however. and the tone of the
market was unsettled at the end of
the first hour.
New Orleans Quotations.
NEW ORLEANS. March 3o-The
cotton market opened active in
sympathy with lower cables than due
and reports of good rains in east
Texas and southeast Oklahoma. First
trades showed losses of Is TO 81
points. There was a slight rally right
after the call OF s to IL points which
carried July to 24.66 and October to
1915. but prices soon eased off again
under the pressure of heavy selling
due to an official forecast for un-
settled and showery weather in the
Western belt as q whole.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-03-30
Markets at a Glance

NEW YORK.-Stocks, weak: United
States Cast Iron Pipe breaks 20k
points. Bonds, lower; French bonds
decline to new 1925 lows. Foreign
exchanges, higher; French francs
rally on retreat of shorts. Cotton,
lower; beneficial rains in Texas.
Sugar. easy; Cuban selling refined at
1925 low. Coffee, heavy; lower Brazil
ian markets.
CHICAGO.-Wheat, weak; general
iquidation; May breaks IL cents
bushel. Corn, easy. sympathy wheat.
Cattle. steady to weak. Hog, lower:
poor demand.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-03-30
FEWER STOCKHOLDERS.

NEW YORK, March 30.--Holders
of common stock of the United States
Steel Corporation had decreased 2,21O
as the books were closed for the
March dividend, the total being a.
107. The number of preferred share
holders also declined 5S1 to 1898 at
the closing of the books for the Feb
ruary dividend
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-03-30
Chicago Railway IS OF.
NEW YORK EGG PRICES.

Eggs-Steady; receipts, 2l.i3s
cases: fresh gathered, extra firsts.
az y ass: do. storage packed. 33L asa
fresh gathered. firsts. Six a32; do,
storage packed, 32A a32&; fresh
gathered seconds, 81; nearby hen
merry whites. closely selected. extras.
29a4O; nearby and nearby Western
hennery whites. first to average ex-
tras, 33a3S: nearby hennery browns,
extras. 34a37: Pacific Coast whites.
extra. 40a42; do, firsts to extra flrsts,
35a39
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-03-30
RATES ON BAR SILVER.

LONDON, March 30.-Bar silver,
81 q d per pound. Money, Is per cent.
Discount rates, short bills, 4 ssa4 7-16
per cent; three-month bills, 4ka4 9-16
per cent.
NEW YORK, March 30.--Bar silver,
67ss; Mexican dollars, 517s.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-03-30
CABBAGE PRICES DROP.

NEW YORK, March 80 (SpeciaI).-
SO carloads of cabbage
arrived today from South Carolina and
Florida and prices declined under the
heavy supplies. Most business was
transacted at $1.25 to $3.50 per w.
bushel hamper for white. and 1925 to
$3.50 for the red variety
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-03-30
OVERLAND EARNINGS
DROP $11,OOO,OOO
Income $2,0s6,645 During 1924,
Against $13,034,032 in
Previous Year.
BY the Associated Press.


NEW YORK. March 30-Net profits
OF the WHY'S Overland Co. for 1924
fell to S2.o86,645 from s13,034.032 in
1923. This was equal to S9.46 a share
on the preferred stock on which &C.
cumulated dividends now amount to
29A per cent Allowing for per
cent regular preferred requirements.
the balance is equal to % cents a
share on the common, in contrast to
1911 a share on the preferred in
1923 and $500 a share on the COM
nsoa. Profit and loss surplus at the
end Of the year was s15.972.789.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-03-30
GAS LIGHT INCOME
OFF IN FEBRUARY
Climatic Conditions Respon-
sibIe for $4,000 Loss.
Other Local Notes.
BY CHAS. p. SHAEFFER.

Mild climatic conditions, compare
lively, resulted in a loss of approx
imately $4,000 in net corporate in
come Of the Washington Gas Light
Co. in February, 1925 as compared
with the corresponding period of last
year. The net for the month amount
ed to s99,44s, as against s102,134 for
the same month last year, according
to statement filed with the Public
otlities Commission early this after
noon.
Operating revenues slumped TO the
extent of $4,000 to $4677ss while e1-
pehses gained approximately the same
amount. Interest deductions totaled
$tZ,@po, mainly on account of the
oV-year per cent bonds and the 10
year b per cent issue, with other
deductions amounting to s27,s05
Gas made during the month amount
ed to 487,526,IO0 cubic feet, a decrease
or 44,ISf,s00 over February of 1924.
me Georgetown Gas Light Co. also .
suffered reverse, reporting net
corporate income of $5,S3S, as against
ShSS7 the corresponding month of
asst year Operating revenues amount
ed to S5l,745 and expenses to S41,0 63.
Trading on Local lizard.
The tenor of trade on the Wash
ington Stock Exchange was weak
today Gas stock sold off to SIS, Ma
tional Bank of Washington was back
to 222 on sales of so shares. later
gaining point on a 1O-share sale,
and Merchants Bank and Trust Co.
sold to an aggregate of 20 shares at
1874.
On the other hand, Capital Trac-
ton stock, still selling ex-dividend
brought 81. Wardman Park Hotel IS
| the only active bonds, changed hands
at 10Ih.
New once Opened Here.
c. f. Childs & Co. have established
local office in the Southern Building
This firm specializes exclusively in
obligations of the United States Gov
eminent as dealers affording a ma
tional market for these issues
through Offices connected by a private
wire system in all Federal RcSer-b
districts and other financial centers.
Offices are maintained in Is oth4r
cities.
Dividend Distributed.
Alfred c. Coke, jr., receiver Of Jones
q Baker, is distributing a fourth divi-
| dend Of per cent TO the creditors
| of the firm, making a total of S. per
cent paid on allowed claims so far.
| II is estimated by the receiver that
there will be another dividend OF
! to . per cent, bringing the total cash.
| distribution UP to So or 80 per cent.
! This is said to be one of the largest
! distributions ever made 10 customers
| In Wall Street brokerage receiver
! ship, and the more noteworthy in that
/ the firm had about 5000 open ac-
| counts and total net liabilities Of
nearly $4,000, 900.
Cut in Treasury Debt.
! As result of the new financing
| consummated March 10, the amount
| OF the Treasury's short debt was re-
/ duced by 1897, 400, and its issue
of I per cent bonds Of 1944-54 was
/ increased by s290,I5470O. The ma
turtles to be met up TO and including
/ January /, 1880, are as follows:
CERTIFICATES OF INDEBTEDNESS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-03-30
ROAD HAS DEFICIT.

NEW YORK, March 30.-A deficit
of s6S,968 for February, after
charges, is reported by the Denver
and Rio Grand Western, compared
with a deficit of s63,509 in the same
month last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-03-30
BONDS GO lower
AS WEEK BEGINS
French Issues Drop to Years
Low Mark-RaiIroad Liens
Lose Ground.
BY GEORGE T.. HUGHES.

Speclal pspatch To The Star
NEW YORK, March 30.-Weakness
in foreign bonds was the feature of
todays market. Second grade and
speculative domestic securities sold
down in sympathy with stocks but
the. heaviest pressure was exerted
upon the foreign group. with French
issues the chief sufferers. New lows
for the year were recorded through
out the French list, including obliga-
lions of the republic itself, OF French
cities and provinces and OF French
railways.
French Fights Below Par.
The French SIS today sold below par
for the first time this year and more
than 5hs points down from the high
of January. French 7l2s lost more
than a point and also made new
low of points under the best price
around the first of the year. The most
recently offered French issues. the
IS of 1919, were very weak, off at one
time over points.
The weakness in French obligations
adversely Influenced Belgian bonds.
There was a very thin market for
some of the new foreign offerings,
most evident in trading between deal
ers. Even where the syndicate price
was maintained in the official market,
sales were made outside at conces-
sions.
Chicago Railway IS OF.
Among domestic fractions the fea-
ture was the break in Chicago Rail-
way 5s. which at 81 were at new
low for the year. The quotation
broke a point between sales at one
time during the day. This weakness
was all the more noticeable because
IF ha al 81 IN, Ia
fractions.
The high grade investment group
was dull. with only fractional change,
hut these were mostly downward.
There was not much change in the
speculative rails.
1t is expected that the new $4,000
600 State of Sac Paulo SIS will be Of
fered Tuesday at price to WELD
little over per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-03-30

Lovebirds, once popular for for
tune-teiling" in England, are becom-
ing scarce.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-03-30
IS. $50. $50 aas

At the beginning of March. 1921.
which was about the time Secretary
Mellon entered upon his office. the
shortterm debt, not including the
third Liberty loan, aggregated $685.
100000. AS appears above, the CORE
spending figures are now $3,202.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-03-30
CERTIFICATEs or INDEBTEDNESS.
TREASIRY NOTES

s.. SIC, &c 400
TREASURY WAR SAVINGS CERTIFICATES.
Various dates prior TO July
-, 1929 ............... 1891. s347s3
Third liberty loan tmaturing
ing Sept. 10. 1929 ......... 2,ss5. $50 so
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-03-30
FOREIGN EXCHANGE.
TREASURY CERTIFICATES.

Quota tons furnished by Redmond & Coz
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-03-30
Quoted in dollars per million marksD

tPartly extra. Playable In preferred stock
Dividend rates as given In the above table
are the annual cash payments based on the
latest quarterly or half-yearly declarstious
Unless otherwise noted. extra - spee1al
dividends not included.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1925-12-06
AUTO DEALERS
REPORT GREAT
PROSPERITY

Carl W. Burst, vice president and
works manager of the Moon Motor
Car company. has just returned to st.
Louis after a six weeks trip among
Moon and Diana distributors and deal
ers in the Western States and on the
Pacific Coast, his itinerary having
taken him into the principal cities in
IL states. During this time, Mr..
Burst called on and was in close per-
sonal contact with numerous Moon
and Diana distributors and dealers
whom he found unusually optimistic
as to the outlook for the next several
months for these two automobiles, re-
ports r. V. Embleton of the Emble-
ton Motor company, distributor.
MANY SALES.
In discussing conditions as he found
them in the West and on the Pacific
Coast, Mr.. Burst said:
"The so-called slump period in the
automobile business which bobs up
annually at this time of the year in
greater part of the United States Is to
a large extent rather conspicuous on
the Pacific Coast by its absence. In
California particularly where they are
having even better than usual Cali
fornia weather the sales of Moon ana
Diana cars are revelation despite the
| fact that sales on these cars in this
state for the past several months has
topped all previous sales particularly
in regard to the Diana Light Straight
Eight Phaeton and the Moon Six
Roadster and there was plenty of evil
dence as to the popularity of these
two cars on the highways of Califor-
MIA.
zone thing particularly noticeable
in California was the extreme oDti-
mism of the Moon and Diana distribu-
tor and dealer organization in regard
to the business outlook for the next
several months and this optimism is
being steadily reflected IN increased
sales on these cars.
an the majority of cases l found
dealer stocks low, there being an I'M
usually small number of cars in deal
ers' hands and this fact certainly
augurs well for the Pacific Coast bust
ness and in fact for the automobile
business anywhere. In California the
automobile business is getting more
and more to be an all the year round
business and the seasonable idea OF
selling automobiles does not effect this
state nearly so much as it does somt
of the states in the other sections Of
the country. California highways need
no eulogy, they are widely known ant
are of course a tremendous factor II
the automobile bufiness in this state
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1925-12-06
DEATH VALLEYS HEAT, SAND
FAIL TO STOP MARMON

miles and hour for several hours
througho Southern Utah, over what
Mr.. Gruelich describes as the "main
highway" Mr.. Greulich described
Death Valley as being the hottest place
in the world, with loose plank road
covered with sand as the main road
way. Along this route, the Califor-
mia Automobile Club has established a
motor car patrol, with first aid equip
ment, water and miscellaneous sup
plies to care for tourists whose care
stall in attempting to cross the Val
ley.
Despite the fact that the roads
were almost impossible, Mr.. Greulich
said the Marmon made the trip with
out scarcely showing the red on The
motometer. The average mileage was
400 miles q day and on one occasion
500 miles, he said.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1925-12-06
CLOSED AU 7 D
INCREASING
TRAVEL
By r. A. ARMSTRONG.
Director Of Service Oakland Motor
Car Co.

OifeCtOr Oh Scftttt 4notoh s
With the tremendous increase in
the number of closed cars sold and
the nationwide good roads development
winter driving in all climates is more
universal today than ever before in
the history Of the motor car.
1t is at this time of the year that 1t
behooves every motorist TO make those
preparations for winter driving which
afford more comfort and eliminate the
wear of the car incident to cold wealth
or and even the repairs which will be
necessary if they are neglected.
1t will repay the motorist many
times over to drive to the service sta
ton conducted by the concern which
sold the car and have an inspection
made, ms each individual car is likely
to present a different problem.
There is, however, general pro.
cedure which covers preparation of al
cars for winter driving.
In the first place, both cooling sys'
TEN and battery should be prepared for
freezing weather. In the case of thu
cooling system, all connections on the
lronttuvad ON Dooa . Dart \
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1925-12-06

The heat and sand of Death VAL
ley. that sun-parched expanse of bar
renness in Southern California, gaso.
line at 60 cents u gallon, drifting
sands, hub deep in many places AMI
loose plank road failed to check the
progress of Marmon sedan, driven
by Roy w. Greulich, district sales
manager for the Nordyke & Marmon
Company, who has just completed a
trip through Southern California,
Arizona. Colorado and Utah. Nj.
Greulich described the trip in let
ter to Embleton Motor Company, To-
cal Marmon dealer.
In the Tonic Basin in Arizona. 100
miles from railroad an enterpris-
ing salesman was replenishing parchcd
gasoline tanks to the tune of 90 cents
a gallon, Mr.. Greulich said. Traffic
went forward at the rate Of only four
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1925-12-06
DEL RIO DEALER
VISITS SAN ANTONIO

NJ. f. woolf, of the Del Rio Hud-
son-Essex Company, was another
visitor to the Crockett Automobile
company during the past week. Mr..
woolf reports that the outlook for
business during the winter is excellent
in his district. This section Of South
west Texas has enjoyed a prosperous
year. He took two Essex coaches
back to Del Rio.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1925-12-06
DOWDELL BUYS NEW
LINCOLN PHAETON

Graham Dowdell, of Wimer-Rich-
ardson and Company, local investment
bankers, received a fOur-passenger
Lincoln Phaeton, recently purchased
from the Lincoln division of Morgan
Woodward Auto company, reports w.
NJ. Morgan, of the company. This
car is one Of the most attractive
models built by the Ford Motor COM
pany.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1925-12-06

Continued on Page 2, Part 81
Evening star., 1925-03-31

STATEMENT OF THE CONDITION :
Evening star., 1925-03-31
STATEMENT OF THE CONDITION
or the
California Insurance Company
of San Francisco, Calf.

On the 31st day Of December, 1924, as
required under the District OF Column
bia Code. amended June 80. 1902. and
August 1s. 1911.
Capital stock. paid up in
cash NEUTRALITY-SUSPICIOUS.. 81 900 900 90
Evening star., 1925-03-31

STATEMENT OF THE CONDITION
Evening star., 1925-03-31
The Builder of Credit and the Protec-
tor of Industry and Commerce


insurance banks could extend credit industry would be
the of possible failure
and handicapped beyond the possibility of development.
lnsurancepropery fire. casualty. transportation
and surety bonding-is at the back of all enterprise
For % The Washington Insurance Agency
the development of the progress and wealth Washington
its surrounding territory During that time through
financial upheava in times Of prosperity of panic
ngon Insurance Agency has the property
and the interests of business with unbroken met
obligations.
Over Of of time has but strengthened
Washington Insurance Agency the confidence nsurng
public
Evening star., 1925-03-31
STATEMENT or THE CONDITION
Of the
Peoples Fire Insurance Company
of Frederick, Nd.

'On the 3lst day Of December. 1924. re-
ouired under the District of Columbia
code. amended June 80. 1902. and August
IS. 1911.
Capital stock. k....................S2 5000, OO.O
Capital Stock, paid up, in cash.. 200 90
Evening star., 1925-03-31

STATEMENT OF THE CONDITION
Df the
Evening star., 1925-03-31
STATEMENT OF THE CONDITION
The Columbian National Life
Insurance Company of
Boston, Mass.

Insurance Company of
Boston, Mass.
auired under the District of Columbia
code amended June 80, 1902, and August
IS, 1911.
Capital stock. ................. 81 800. 900 90
Capital stock, paid up, in cash 1900 900
ASSETS.
cash @ IN once e'''.'.....'''. sd6 id1 ~ 90
Real estate. OBSERVATION-DISCLOSURES. 1,096, SO
Iien) ............... $3.50. $50 81
Stocks (market value) ....-... 1867 90
Bonds tamortized valuel 49,. 14Ss3 500 90
Loans to policyholders. 526i, ,0S5 43
Premiums uncollected and in
hands of agents. s............. 1,123. 81
Interest and rents due and
crued ................... j52 81
All other ssets. 1O9, ,306.23
Total assets. ....... s29. .672. 400. 10
LIABILITIES
Net unpaid claims. ms........... S436.11S. 3s
Reserve required by law. %. .1Sj, S97 80
and other policy reserves 512oo1 90
Reinsurance premiums. 5,54S. 90
Salaries. rents expenses,
Commissions, brokerage. ETC.. "a, 632.7 II
Dividends remaining unpaid. in
Reserve for dividends held
awaiting apportionment. 3sO.oOo 90
All other liabilities. .......... 493, 800 9S
Total liabilities. so, ,247, ,s51. .45
Surplus including capital stock
ST 800. .OOOo ............... 2424. .769 80
Total .............s s29. .672, ,4o075
Character of business transacted during the
year 1924: Life, accident and health.
Total insurance in force December 81.
1924, life, S1S1 ,491 ,005.Oo; net premiums
In force December 81 1924, accident and
health, S415. .S29. .05.
Life business paid for dur
ing year. s34 ,44O. .014. 90
Payments 10 policyholders dur
ing year. ...........--.. 3.Z4O,0oI. 80
Total income for the year.. ,297 1893. is
Total disbursements for the
year 5,e01. .211.56
ARTHUR e. CHILDS,
WILLIAM 81. BROWN, President.
Secretary.
Subscribed and sworn to before me this
5th day of March. 1925.
(Seai) ALBERT J. CALEF,
Notary Public.
FRANKLIN STRUNK,
District Managers.
Evening star., 1925-03-31
Westchester Fire Insurance Co.
of New York

On the 51st day OF December. 1924. as re-
qpired under the District of Columbia Code
amended June go 1902, and August Is 1911
Evening star., 1925-03-31

ASSETS
Cash in office ce......... sl5. .5s1 81
Cash in bunk. nk............... 2BJ. 1885,
Real estate. 40, ,9T1 .03
Real estate mortgages first
LEM .-................... 52s. .5725s
value, ......,.4........... 1.s1s.e s.e72 81
Bills receivable. ...... 1.187.27
Premiums uncollected and
in hands OF agents. -. 3ee. 800 e.
Interest due and accrued. 63.l9s.2f
All other assets. ......... 10 OBS. 10
Total assets. s. ,9l4, @s7 81
LIABILITIES
Net unpaid claims. s207. .J77 81
Reserve as required by law. 2,011 20 %
taxes. etc.........r...... So. .0o0. 90
Commission. brokerage. etc 1000 90
Capital stock ock............... l .010, 900 %
All other Liabilities. $50. .474 81
Total liabilities. So. .9l4. .2g7. 81
Character OF business transacted dur
ing the year 1924: Fire insurance and
allied branches
Amount Of risk assumed
during the year 1924. . s244. 49, .060 90
Losses sustained during
the year 1924. .......... 1.0s2lT4 s.
Money received during the
wear 1924. 26JI 19G -
Expended during the year
GEO. W. BROOKS. President.
H. c. X. BUsWELL. Asst Secretary
Subscribed and sworn 10 before me
this 18th day Of February. 1929.
tseal.) GRACE CAMPBELL.
Notary Public.
In and for the City and County Of San
Francisco. State Of California Ny COM
mission expires August .. 1925.
Evening star., 1925-03-31
STATEMENT OF THE CONDITION
OF the
Victory Insurance Company of
Philadelphia

On the 31st day of December. 1924 as re
qured under the District of Columbia
code. amended June 80. 1902 and August
Is. 1911.
Evening star., 1925-03-31

STATEMENT OF THE CONDITION
OF the