davidaulloa/AmericanStories huggingface dataset:
Evening star., 1925-11-07
TAX TALK VITAL
IN STOCK MOVES
Proposed Cuts One of Biggest
Factors in Weeks Wild
Wall Street Trading.
By the Associated Press.

NEW YORK, November Chief
financial interest this week centered
In the further rise of stock prices 10
the highest levels in history on A
record breaking volume of trading
Other interesting factors, however. in =.
cluded the extreme weakness Of
French francs, which sank TO the
lowest level since March, 1924, in Re
hection of the French political crisis.
and the lifting Of the embargo on
foreign loans in London, which was
Immediately followed by an improve
ment in sterling exchange
While the further rise in stock
prices apparently was unassociated
with any special development Of news.
bulltsh enthusiasm was created bv the
drastic cuts in income taxes proposed
by the House ways and means com
mittee, continuance OF abundant
credit facilities, announcements Of
several increased and extra dividends.
with many others reported In pros
pect; reports of expanding trade oper-
ations, and publication Of unusually.
large earnings statements.
Public participation was on al
enormously increased scale. which
probably explained why bear traders
were unable to make much progress
In their several attempts To force
ISdCLlOIlB.
Motors Most Active
Motors continued to monopollze re
bulk Of speculative activity. although.
the price movements became more
irregular. General Motors continued
It's steady climb TO new high ground
on rumors that the expected extra
dividend may be as high as S. HUI
son, Studebaker, Jordan and some OF
the others developed reactionary
tendencies after an earlier period Gr
strength.
Coppers came into the limelight I'M
der the leadership of American Smelt-
ing and Anaconda, both of which
attained their highest prices in years
Buying of Anaconda was influenced
by the belief that the dividend will
be increased at the next meeting.
Reports of Stiffening pig iron prices
and increa sing mill operations stinu-
lated the demand for the steel shares
United States Steel common touched
1873. the highest price ever recorded
Good buying also was apparent in the
rubber, chemical. equipment, tobacco,
amusement and mercantile shares
several of which broke through their
previous maximum quotations. An
advance in the oil shares was checked
gasoline prices in two New England
States.
Era of Melon Cutting Hinted
Fears that the Federal investiga-
tton into the undistributed surpluses
Of large corporations now under way
would lead to unfavorable tax legIs-
lation against those aCCumuiationS Of
wealth gave rise to reports that an
era of melon cutting" was in store.
with the result that sharp advances
took place in the high prices of stocks
of industrial companies. particularly
General Electric, United States Casl
Iron Pipe, Brooklyn Edison, Goes
Cola and Union Tank Car.
Evening star., 1925-11-07
MORE COPPER CONSUMED.

NEW YORK, November R.-
Copper consumption in the United
States in the third quarter is esti-
mated at $4,000 short tons by the
American Bureau Of Metal Statistics
against 1888 in the second quarter
and 1875, $50 in the first quarter.
Evening star., 1925-11-07
PARIS BoURsE UNSTEADY.

PARIS, November R.-Prfces
moved irregularly on the bourse to-
day. Three per cent rentes, As francs
90 centimes. Exchange on London,
ll9 francs 90 centimes. Five per
cent loan. 81 francs 80 centimes. The
dollar was quoted at "a francs 81
centimeS
Evening star., 1925-11-07
LIVE POULTRY STEADY.

CHICAGO. Ill, November Z CP)-.
Poultry-Alive, steady receipts. IA
cars; fowls, 14a19h; Springs, 1919:
turkeys, 80; roosters, Il; ducks. 81;
geese, 16a18.
Evening star., 1925-11-07
RATES ON BAR SILVER.

LONDON. November P).-Bar
silver, 32i4 d per ounce. Money, 3 per
cent Discount rates-Short bills, 35s
20 1916 per cent; three-month bills,
5 1916 per cent.
Evening star., 1925-11-07
Corn Market Improves.

Husking delays due to wet weather
have given more firmness to the corn
market than has recently been the
rule. Demand for oats was a little
slack.
Enlarged buying for Europe. to-
gether with a liberal decrease Of the
stock Of lard here. had a good deal to
do with the advance Of the provision
market
Evening star., 1925-11-07
TEN NEW DRUG FIRMS.

NEW YORK, November R.-Ten
new drug companies were organized
in the United States in October. with
total capitalization of )3,70o 900, COM
pared with nine the month befere,
with capitalization of $1,675.000. -
Evening star., 1925-11-07
BOSTON STOCK MARKET.

BOSTON, November 7-Follow-~ =
ing is list of today's highest, lowest
and closing prices for the most active
stocks dealt in here: 3
Evening star., 1925-11-07
wheat SHOWS GAIN
DURING PAST WEEK.
Corn Values Also Improve as
Bad Weather Again De- "
lays Husking.
By the Associated Press.

CHICAGO. November with the
movement Of wheat in the United
States much smaller from the hands
of growers than was the case last
year, and with the domestic visible
supply being rapidly curtailed, wheat
values here have scored a material
gain this week. Compared with a
week ago. the wheat market this morn
ing was \ to 2h cents higher, corn
h to u cent up. oats Is to As cent
off, and provisions at to 81 cents
advance.
Fewer Supplies on Hand.
1t was pointed out by trade au
thortties friendly to higher prices that
the total supply Of wheat In the United
States Is less than half of the volume
on hand at this time last year. and
that stocks at Duluth. the most prac
tical ready source from which Chi
cago could draw. have been lowered to
a decided extent In the last 10 days.
According to current reports, all the
wheat in Duluth that is of use for
bread making is less than 1000, 900
bushels. the bulk of the Duluth SUP
ply being the kind known as Durum,
chiefly used for the manufacture of
macAroni.
Aside from the relative scantiness
of wheat supplies in this country,
word of unfavorable weather condi-
tions from time to time In Australia,
Canada and Argentina acted also as
stimulus toward an advance in val
ues. Assertions that the outlook for
the new Winter wheat crop In the
United States is unpromising were
likewise the subject OF considerable
notice, especially reference to seed
ing delays as well as to prevalence
OF Hessian fly in Kansas, Illinois and
Nebraska. On the other hand, news
that the harvest in the Southern
Hemisphere has already begun was
something Of an Offset as the week
drew to an end
Evening star., 1925-11-07

Dyidend rates az Efven In the abovo tabIa
are the annual cssh payments besed on I'D
Unless otherwise noted. extra or special diyi
dends are not included.
. Paid this year. no REGULAR rate. b or
optional In stock, sPartly stock. fPsrtiy
9xtra. Payable In preferred stock. tFl1s
~ r stock payHSas IL quarterly. 6tfS0
Evening star., 1925-11-07

Bkl Edison tS).
Bkl Edison rts.
Bkl-Mau Tran.
Bkl Unior 0(4).
Brown Sb oe 60.
Brunswicx-Balk
Brunswick Ter.
Burns Bro (10)..
Burns Br pf l).
Bur Add Ma (3).
Bush Terminal. ..
Butte Cop (5oc).
Burte&Super(2).
Butter tex. ...-
Byer & Co. -.....
Cal Packing 10.
| Calif PeInt (3)..
Callahan Zinc. :.
Calumet & Ar (ii
Calumet & Fl CD
Can Pacific (l0).
Cent Leather
Cent Leather pf.
Century Rib CD.
! Cerro d Pa sco(D
Certain -Teed(&I
Chandler {3)....
Cheese Ohio 60.
Chi & Alton. 80.
Chi & Alton pf.
Chi & East Ill pf
Chi 3r w est pr.
| Chi Nil & StP. b.
Chi Mil & StP pf
| IC,Mil&StP pf CTS
| Chi Il Ewn co..
| Chi & NV pf %.
Chi Pneu T 3d..
! Chi r I & Pac.
| C r 1 & P pf go.
! C r 1 & p pf 90.
Childs (32.io)...
Chile Cop (2h).
Chino Copper
Chrysler Corpn.
Chrysler pf A(S)
| Cluett Peab (6).
| Coca Cola o..
Col Fuel d Iron.
| Col G & E (2.6o).
| Col Carbon o..
! Coml Cred t1h).
| Com Inv (2.50)..
| Com Solv A o..
| Com Solv b. 49,.
ConRoleum Cd.
Consol Cigar...-
| Con Cigrs Of 90.
Consol Distribut
| Consol Gas o..
Consol Textila.
| Cont Can Co.,.
| Cont Can pf 90.
! Cont Insur 3d..
| Cont Mot (S0c).-
Corn Prod o..
| Coty. Ino (a.s0)..
| Crex Carpet 90.
| Crucibie Stl 20.
| Crucible pf CO..
! Cuban Cane Su.
/ Cub Cane Su pr.
[ Cuba Co 90.
Cuban-Am 8 CD.
| Cuban Domin.
Cuban Dom pf.
Cudahy Pkg ca.
| Cushman's 3D..
! CuyamaI FIR 90.
| Dawson Chem.
| Del Il Hud (9)..
Del L & Wn 90
D r G Wst pf. =.
| Detroit Ed 3D..
| Devoe & Re Acts
| Dodge Itros CT A
Dodge pf T)....
| DOUG Pectin Cd.
| Dupont CSI....
DUPONT dob 80.
Duquesns pf (7)
Durham Hose. =.
Eastman (tS)...
Eaton Axle.
Elec Powr & 1t.
EP&L pf 40% ca
Ell p II L pf d..
Elec Str Bat 90.
Elk Horn. ......r
Emmerson Brnt.
End J ohm 80.
Endioott pf (7).
Erie II r ..... e..
Erie LIST pf.
| Eureka Vacuum.
Fairbks (2.e0)..
Famous Pl 3D..
Federal 1t s1.40.
Federal Mines.
Fed Min pf "a.
Fid Phoenix (6).
Fisher Body t6J.
Fisk Rubber.
Fisk r LIST pf C)
Flsischmann(t6j
Foundation (o5. :
Foundation rts.
Fox Film A CO..
Freeport-Texas.
| Gabriel A (7hl. =
Gen Am Tnk 90
! Gen ATC pf .t7).
Gen Asphalt.
Zen Cigar ta),..
| Gen Electric 90.
Gen Ell spec soc.
| Gen. Motors tf7)
| Gen Outdr Adv.
Gen Outdr A(i).
Gen Petrm (2).
| Gen Ry Sig " -
| Gimbel Bros. %.
Evening star., 1925-11-07
SH0RT-TERM SECURITIES.

Quotations furnished by Redmond Co. .,
The Bismarck tribune., 1925-04-15
ST. PAIL LIVESTOCK

So. St. Paul, April 15.-(U. S. Dept
of Agriculture)-Cattl receipts g.
600. Opening slow. Weak under
tone. Best yearlings offered held
above $1,000. Early sale steers $3.50
and $500. Fat cows mostly $5.25 to
$6.75. Few heavies $3.50 to $7.75.
Light heifers numerous from $500
to $500. Bologna bulls active. Most
ly $4.25 to $4.65. Gamers and cut
ters slow. Bulk SETS to $3.75. Stock
ers and feeders hominally steady.
Bulk $5.25 to. $7.25.
Calve receipts 1000. Veal calves
largely $1,000 to $10.25. Choice kinds
upward to $10.5O. Firm to Is cents
Hog receipts $1e,5oo. Moderately
active. Desirable lights and butch
ers 10 cents lower. Packing sows
steady. Pigs steady to Is cents low
er. Bulk desirable lights and butch
ers .$12.40. Few light lights around
s12.25. Packing sows largely $1O.75.
Pigs generally $12.25. Average cost
Tuesday $12.43. Weight ZIG lbs.
Sheep receipts 100. Nominally
weak to Is cents lower. In line with
outside conditions. Few odd medium
grade woods $15.25. Heavies around
$lG,SO. \
The Bismarck tribune., 1925-04-15
BUSINESS in
MARCH VAS
27 GREATER
Summary BY Ninth District
Bank Shows Increase in
Money Value

Fargo, N. D., April 15.-The vol
ume of business transacted in this
Federal Reserve district during March
was 81 per cent greater in money
value than year ago, as shown by
the total individual debts at banks
located in seventeen selected cities;
but it was per cent smaller as to
the physical quantities handled, as
shown by the total of carloadings
during the first three weeks IN
March and corroborated by other re-
ports, the preliminary summary OF
the Ninth district bank of Minneap-
oils, received here today, says,
"This decline in the physical vol
ume as compared with a year ago is
due to IA per cent slump in the
total receipts of all grains at term
inals, the smallest flour shipments
from Minneapolis since July, 1917.
Forest shipments were relatively 8
per cent lower and linsced product
shipments not maintaining all of the
gains heretofore shown as compared
with the preceding year." continues
the report.
"Livestock receipts were about the
same as year ago. a lioic uSIditSo
analysis shows that wheat receipts
were Q per cent below year ago,
while flax receipts doubled; and that
the marketing of cattle and calves in
creased about one third, while tha:
Of hogs and sheep declined.
"The gain in money value as COM
pared with year ago is due prim-
arily to the much higher level of the
prices of agricultural products,
although this gain has been aided
by an increase of per cent in sales
by retail stores, a trebling Of the ac-
tivity in grain futures at Minneap-
oils and the repayment Of substan-
tial amount of maturing or called
commercial paper. All of the seven-
teen cities reporting debts to US
exhibited gains over year ago in
the money value Of business, except
Superior and Helena.
"When the volume Of business
The Bismarck tribune., 1925-04-15
NIGHT AIRMAIL
SERVICE WILL
START JUNE /
Path of Light for Planes
Between New York and
Chicago Completed
BY LARRY BOARDMAN
NEA Service Writer

Washington, d. c., april 15.-The
airmail path of light" between Chi
cago and New York is at last COM
pleted.
Special "1ocal" night. airmail ser
vice between these cities is sched-
uled to start on or before June /.
This is the announcement of Col
onel Paul Henderson, second assist
ant postmaster general, in charge of
airmail.
When postal authorities first de-
cided upon the new service they
planned to start it April 1. Various
delays made this impossible.
But the June l date, Henderson
declares, is certainty.
"Planes will leave each end Of the
line at 9:9O every night. This will
enable them to carry mail posted late
in the day.
"They will arrive at their respec-
tive destinations at $3.50 in the morn
ing, in time for the first mail de-
livery.
'tStops will be made at Bellefonte,
Pa, and at Cleveland and Bryan, 0.
"This special overnight service
will be in addition to the regular
transcontinental airmail service, in
which outbound planes leave New
York and San Francisco every morn
ing at 10 o'clock and inbound planes
arrive each evening.
ut will mean a complete, "Two-a-
day airmail contact between Ameri-
cas- two largest cities.
"The stretch between Chicago and
New York is the most dangerous for
flying on the entire transcontinental
route. The Allegheny Mountains
make it so. They are not as high
as the Rockies and Sierras, but
these mountains have barren areas
where a forced landing can be made
with safety.
"The Alleghenies are covered with
trees and it is impossible for an
aviator to land on them in an emer-
gency.
"For this reason particular care
had TO be exercised in constructing
the Chicago-New York path of
light 1t was no easy task.
"But now the trail is dotted with
powerful beacon lights. throwing
their rays for miles in the air.
Emergency landing fields have been
built at intervals of 18 miles. No
effort has been spared to make the
livery of NALL
The airmail path of light now ex-
tends from New York to Rock
Springs. Wyo., a distance of more
than 1000 miles. The onlv remain
ing unlighted section of the trans
continental route is the 715-mile
stretch between Rock Springs and
San Francisco.
Airmail officials are now working
on plans to close this last unlighted
gap.
| And when this is done there will
be "two-a-day" airmail service across
the entire country mail planes leav-
ing San Francisco and New York
every night.
The Bismarck tribune., 1925-04-15
Too Late To Classify

WANTED TO RENT-Tour or five
room modern or partly modern
house between now and May 1st.
Phone 54SM or write Tribune No.
964. Ais st
FOR RENT Nicely furnished rooms
in modern home. AIT 5th street.
Ais wk
WANTED Girl or woman for gen
eral housework. Call evenings at
ter 700 o'clock. Phone 1861. aO9
18th street Ais 3t
MANUFACTURERS wants sales man
ayers, open branch offices, man
age statesmen, $500 to $1,000 ncces-
sary. Possibilities unlimited. Sec
rctary, l24 W. 4th St., Suite GIT,
Los Angeles, Cal. Ais 3t
WE HAVE A POSITION for three
men, who own an automobile, driv-
ing in the country selling farmers
a good article which every farmer
buys. A forty-five year old COM
pany. You will be protected on
territory and given help to get
started. See or write Mr.. Cieary
at the Grand Pacific Hotel, We'd
ncsday evening or Thursday.
4l5 3t
WANTED AT Mattresses and
kitchen help. Also to care for >
year old baby. Frederick Cafe.
4-l5-3t
WANTED--Bo Boarders and roomt.s,
also light housekeeping rooms for
rent. Phone ll23R. 423 Front St.
4-15-4t
WANTED-Girl for housework. Mrs.
W. E. Lahr. 9Th and Avenue A.
Phone 657. 4-l5 If.
FOR SALE-Monarch range in good
condition. Also good dining room
table. Phone 1921. 4-15 81
WANTED-Sccond hand bicycle. Call
329W. Ais ct
WANTED-Capable girl for gem
eral housework. Small family. .Ap-
ply SOC End street. Phone 790W2.
Ais 3t
FOR SALE-Blue enamel baby -buggy,
also two male poodle puppies. Call
at 513 18th Street, or Phone 476W.
Ais st
FOR SALE-Five room all modern
bungalow with bath room, good To-
cation, trees, lawn. House is 26x4S
hard maple floor, full basement,
porch in front and behind, front
porch screened in. Also one small
house 12x20, both houses on rs by
$50 foot lots. Inquire 400 14th
Street. 415 l wk.
The Bismarck tribune., 1925-04-15
COMMISSION
AWAITSACTI0N
OF R. R. MERGER
Nickel Plate Merger May
Lead TO Further Con-
SOlidatiOns
(Ry The Associated Press)

(By The Associated Press)
Washington, April 15.-Railroad
consolidation in the eastern section
of the United States, permissible un-
der the Transportation Act, win
await the outcome of hearings to be
started tomorrow by the Interstate
Commerce Commission on the Nickel
Plate merger.
This proposal runs counter to the
tentative plan of the Commission tor
consolidation of the 100 odd class
one railroads into 10 or 20 great sys-
TENS in that it proposes to group IN
one system three roads which had
been selected to head as many sep
arate divisions, the Erie, Chesa-
peake g. Ohio and Pere Marquette.
The difference between the two
programs outlined by the Commits
| sion and o. p. and M. J. Van Swerin-
gen and their associates in the Nickel
| Plate is the more marked in that ac-
tual ownership of railroad stocks
and leasing agreements between op-
Grating organizations have all been
assembled by the Nickel Plate con-
trolling group, while the tentative
commission plan has no force in law.
! there being no compulsory provis-
| ions in the Transportation Act on the
| subject.
! With the emergence Of the en-
larged Nickel Plate as an actual
competitor with the Baltimore 4
Ohio, New York Central, and Penn
sylvania roads division Of inter-
est among those railroads also is
indicated. The Pennsylvania has
submitted it's own scheme Of TAX
ing in additional lines which it sug-
gested the commi ssion might approve
if the Nickel Plate plan is to become
effective. This scheme differs in
material respects from proposals
which the three railroads filed orig
inally. The commission has acted
upon none of those preferring to
await the actual showing which will
be made during the Nickel Plate
| hearings.
Through the west, series of
changes in railroad ownerships, most
of them following the Commissions
tentative consolidation program al
| Southern Pacific bought in the Ell
Paso e. Southwestern and San An
| tonic & Arkansas Pass lines and
| the Rock Island obtained control of
the St. Louis Southwestern.
1t was the theory Of Congress in
enacting the Transportation Act
that consultations would simplify
rate regulation and equalize railroad
earnings. The commission ws auth
orized to relieve any railroad from
the necessity Of obeying the anti
trust laws, which heretofore has op-
Grated to block many merger
| schemes.
The first actual step toward con-
| solidation was taken when the South
ern Pacific which had been ordered
| to sell its control of the Central Pa
cific system by a Supreme Court de-
cision, was allowed to retain the Cen
tral Pacific in it's entirety. The
| commission held that it's tentative
plan for general railroad consolida-
| ton contemplated the continued
merger of these two systems.
The Bismarck tribune., 1925-04-15
MARKET NEWS
Wire Markets By
Associated PrOoo
WHEAT TAKES
ANOTHERDR0P
Heavy Selling Causes Grain
Price to Slump
tBy The Associated Press)

(By The Associated Press)
Chicago, April 15.-Notwithstand-
ing fresh gains Of more than a cent
"a bushel at one time, wheat averaged
much lower today during the early
dealings. Friends of higher prices
were handicapped by the fact that
European markets proved to be un-
responsive to yesterdays advance on
this side of the Atlantic.
Reports of extensive damage by
cutworms in Kansas attracted sufri-
cient notice to lift the market tenn
tporarily but buying lacked volume
and with heavy selling on the part
of houses with eastern connections,
a sharp reaction ensued. The OPEN
ing, which varied from unchanged
figures to 1-2c lower. May $l.59
to $1.59 3-4 and July $1.45 3-4 to
$l.46 Ia was followed by a sag all
around and then by a rise to STAT
3-4 for July with new declines later
to $1.56 1-2 for May and $1.44 1-2 for
July.
Subsequently the market under
went sharp additional setback
which carried May down to $1.51 1-2.
Fluctuations were erratic, especially
i'm May. The bulk Of the trading
though, was in July. Prices closed
weak 1 IL to 9 cents net lower. May
sl.5l 10 to $1.52 and July SLAP 1-2
to 81 .43.
The Bismarck tribune., 1925-04-15

transacted in March is compared
with that in February an increase is
normally to be expected as March
is a longer month. This year the
money value, as shown by debts, in
creased II per cent. However, grain
receipts of all kinds, which nor
mallv show an increase, declined. ex-
cept in the case Of wheat, but even
in the case Of wheat the increase
was less than normal. There was a
more than normal decrease in ship
ments of flour, linseed products and
forest products. Livestock receipts
exhibited the customary seasonal
trends, the >movement of cattle and
calves increasing and the movement
of hogs and sheep declining. In phys
ical volume, therefore, March, when
compared with February did not have
the normal seasonal increase.
"Mixed trends were shown in the
prices of agricultural products in
March as compared with February.
The prices of grains dropped sharp
ly. The more important kinds of
livestock advanced in price; the most
noteworthy improvement being that
in the case of hogs.
Bank conditions exhibited no
Noteworthy change during the month
of March. Country banks have been
reducing their reserves Of idle funds.
partly to meet small Withdrawals of
deposits and partly to reduce bor-
rowings and to increase their hold
ipgs of securities. Commercial pa
per outstanding in this district de-
clined 16 per cent, as compared with
normal seasonal increase of per
cent this month.
retrospective building activity. as
shown by the permits issued in
March by eighteen cities Of this dis
trict, was AZ per cent greater in
valuation than last year, although
seven Of these cities reported a
smaller total.
Seeding began this spring at an
exceptionally early date. Private
reports are that spring wheat seed
ing will be complete over nearly all
The Bismarck tribune., 1925-04-15
MINNEAPOLIS GRAIN

Wheat receipts 127 cars compared
with 83 cars year ago.
Cash No. northern .$1.46M to
$1.48M. 4.
No. dark northern spring; choice
to fancy $1.637s to, $1.78H; good to
choice $1!52A to $1.62B; ordinary to
good Stats to $1.51H.
No., hard spring $1.7S% ,to
$1.ssR.
No.. dark Montana on track
$1.42M to $1.71h; to arrive $1.42N
to $1.71A.
May $1.44%; July $1.45%.
Oats No. white 39c to 39hc.
Barley 69c to 85c.
Rye No. 2, $1.06A to $1.0sh.
Flax $2.79 to $2.81.
The Bismarck tribune., 1925-04-15

Massage this sweetly fragrant
lemon bleach into the face, neck,
arms and hands. 1t can not irritatc
Famous stage beauties use it to bring
that clear, youthful skin and rosy
white complexion; also as freckle,
sunburn and tan bleach. You must
mix this remarkable lotion yourself.
1t can not be bought ready to use
because it acts best Immediately
after it is prepared.