davidaulloa/AmericanStories huggingface dataset:
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1925-03-26

derecho elegir su propio alcalde,
v en- un gesto insolito dc seryilis-
mo e indignidad, entregamos ese de-
recho los pies de un gobernador
irresponsible ante nuestro pueblo,
' que sin nuestro consentimiento
nombra su gusto el Presidente de
los Estades unidos.
No se concibe, seHor BarceI0, Co
mo npestro pueblo, que hoy esta
en- franca lucha tocando con mano
rllda Y fuerte a las puertas del Ca
pitolio por el derecho a IN gober-
nador elective, podrfa justificar su
inexplicable = absurda renunciacion
al derecho va conquistado a elegir
nuestros alcaldes y gobernantes To-
Gales FL eoncepto que habrianos
de mercer, ST aprobaramos un pro-
yecto como ese, nos colocarfa al ba-
10 nivel de aquellos hombres mise
rabies que IN dfa oscuro en- Ia His
toria solicitaban cadenas, en- vez
de morir luchando por su derecho
y su libertad.
iQue argumento razonable Y dig
no podrfamos esgrimir ante un CO.
mite del Congreso, al preguntarsenos
por que motives lie arraneamos al
pueblo de San Juan, con Glen mil
almas conscientes, ell derecho ele-
gir sus propios gobernantes locales?
Y mas a1n, ique Justification moral
tendrfamos para derrocar, con IN
eiego golpe legislative, ese gobierno
actual de San Juan que solamente
hace varios meses eligi0 democrati-
camente en- las urnas el mismo pue-
bio de San Juan?
Fin NADIA puede juzgarse mejor Ia
moral v la capacidad de un pue-
bio, como en- su legislacion Tn pue-
bio que voluntariamente retrocede
en- su marcha tras La conquista de
su derecho y su libertad, es un
pueblo indigno que mereee el des-
precio del mundo. Desde los item
pos de la Monarqufa espahola, no
habfamos tenido alcaldes nombra-
dos por ell Executive. En- toda la
Nacion americana no existe, entire
los muchos sistemas de gobierno por
comisi6n, una soIa ciudad cuyo al
calde sea nombrado por le Gober-
nador del Estado. Desde la inicia-
cion del gobierno municipal por
comision en- los Estados Unidos,
siempre Sc sha venido respetando el
derecho democratlco del pueblo a
elegir sus gobrnantes locales,
Este pals debe saber. sefor Bar
cello, 81 usted, como director polfti-
co de nuestro pueblo, ' como defen-
sor a su rnanera de nuestro derecho
Y de nuestra capacidad. patrocina
el proyecto referido, para que la
Historic pueda mafiana Juzgar so
bre su sinceridad al defender las
ideas democraticas y 81 derecho de
este pueblo a regirse por 81 mismo.
Atentamente,
Bolivar PAGAN.
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1925-03-26
DEBEMos SER RELIGIOsoS
Y sEcTARIOS


"En Estados Unidos el hombre
es rchgioso y hasta sectario. Aqui
no - nada y hay que hacer hom-
hroa y mnjeres no sectarios, pc.
70 u amantes y cFeyentes en- algo
que rige sin duda alguna nues-
tros destinOs.
mo creamos en- Dios por la fe
que al fin y al eabo Is algo vago
y ashtraeto. pero ST por la ciencia.
"cada vez que el hombre ARE
bata un seereto q la naturaIeza,
debe Dc sentirse en- vez de orgu-
lloso mas humilde. al pensar que
g. an gusanillo que Sc arrastra
por Ia superfcie de la TERRA y
4ne muchas mayores cosas ocul-
tas habr6n en- medic de esa In
mensidad que IlamamOs firmamen-
%.
"Hagamos a Puerto Rico un pue-
Bio DE- formas y costumbres ref
nadas. o en- case contrario dentro
de POGO tempo sera un pueblo de
eostumbres de carreteros.
"se impOne el estabIecimiento
o ereaei6n de las Ligas de Bondad.
salvaran a nuestra patria."
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1925-03-26

pSBIElI0 Tu6TxcLAL DE Hu'
h6AcAo. PUERTO RICO
* IA coETE DE DIsTKTTo
II Prsaiashss Dc les n. UU.
-.
Essaass uniaos De Ansfiea.
EAnafaa plaz.
psfieien1Eia.
Ex-pAyts
civil Ne. eesl
sshrss Nomhramssuss Dc TusOr
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1925-03-26
DEpURATIvo RUso
MAKHARoFr
AUTHORIZATION. ANTrgHT.
LfTrco, ANTuERPETICo


combats las Enfermsdades de Ia
sangrs ' de Ia Pisl. tales como 81
fiA Herpes Ulceras Rasquinas,
Reumatisno. 0rsetas en- las DTanOs
y Plea Rmpeines. etc. FL 'sDepu-
rstivo Runo AEakharaff" sirve pa
r combatir los Dolores en- las Ar
ticulacionss y en- los Hussos cuando
estos son de origsn sialiacos 0
nenmaticos.
AKentes Generates
pRo0uERIA DE PONCE
Moseoso Hsrmano y co.
D.
n Advt.
k.@
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1925-03-26

dad. an Gran arquitecto del Uni
verso, porque hay que Greer en-
algo superior que Fige los desti-
nos del mundo".
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1925-03-26
TRANcrA Z JAPoN AMIGOS

Aarsella, mario IS, (Cable Fran
|cks) N. Claudel, embajadOr frances
on 81 Jap6n, le ha declarado . los
Iperiodistas q su llegada aqui que 81
cstaba encantado de poder sefaIar
an 81 Jap0n un movimiento q favor
de Francia cuya lnfluencia moral
auInenta sin cesar. Los profesores
de frances On las universidades japo-
nesas aumentan.
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1925-03-26

~El dia que Sc eduque a nuestra
luventud en- ese santo tenor y
amor, habran menos crimenes y
sobre tOdo men0s suicidas.
"El hombre creyente de Dios,
en- los momentOs de dolor y de de-
sespeFaei6n. en- vez de romperse
el cr4neo de un balazo, elevarta
al eielo una plegaria a su manera,
que 6 Ia mejor plegaria, y reci-
biria IN gran consuelo que le evi-
tsrla an suieidio.
"No hay que confiar al hogar
esa labor tan necesaria, porque
el hogar por apAt.a de unos pa
dres y per faIta de tempo de otros,
no habria de ocuparse.
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1925-03-26

"a Pashlo ds Rasrts Kle0. a Ra-
m6m vAieaart QassssiA nea II tn-
tcE aaai Faanefiaoi par n pfssente
ss notiaeA . usied qus eon fecha II
ds fshgsx0 a. 1895. ts ~ radieado
e. a oneina dsl sscFstaEio De ssta
coFte. ana n,eei6n 5 nembFe de -
psticienafia arriba expFssada. por
Il absg.ao MIGUEL RonRI0uEz
ALnnnTr. para cue prsvla andisn
60 dadA q urtst. ; "a ds cue en-
ponga rHEensa pes Ia cuAiss no ds-
hs ser usted. Esm0vido ds IA tutsla
eel mengr Fauste piAz y nomhrAaa
Ca sl tntarln . Ia pstaelonaria her-
mAna ae aohls vsnealo del menor
FAmmio DiaH "a pupiio.
Ia eAnaM ds aeci6n alegada. e.
Il ahAnAane peE. nats4 de- les dsho-
fes se@s tnaoE y 81 - rsndimien-
- as "a ensntA eoExeapondiense en-
- tuisla a 4ns nas hsmes Esfsrido,
= ase aeapi1 aaams6 y registle
usss4 eenfpras ; derechs. AHA por
81 msa - marns ds lp20.
" - v nsliaea : usted cue ds
- esnpnstesF . eir. . . gns - ls
r,Ea EruBeete es - aisgaeienes re-
festaas - q esso a. epigrafs. Den.
srp as - pssx diAa q rssidtsre y.
iea aeniEe - ste airtrfto inaieial
nnmsEo a. iea veints = fuera peEo
- h. AsiA ae p. a. y dentro dc
ip@ eaAtNala n fnsEa 90 Puegto Ri-
20. ne aietaaa mna erdea ds mrnsr-
- esa ias AAasaeiones y sapilea DO
- eamamaa. FameFa6naois = natad
ee eieAs satsia , ios mAs cue 60
uaspsaaa a. GsEseAe ruspeeto > Ean
Fespena4hai4adss esme 81 tutos.
Rxles1i4A tals ~ arma sn Mu-
$500. ? =, = - as fshreEo ds
tsH.
a. RAnrRRz u.
nss. csEts a. Dirtzito.
Advt.
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1925-03-26
oTRA coNPERENcIA soRRE
ARbIAAEENTos

Washington, mario 25. Gable
Franc6s) Fl Presidente Coolidge 10
ha dicho Al secretariO Kellogg que
vaya pEeparando el terreno para
otra eonferencia sObre q desarme
naval. Esta question tiene dos as
Pectoa. ssgdn ei Presidente. una IS
Ia question t6cnica y la otra es La
question de los sentimientos de las
potsncias.
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1925-03-26

TREH DEscARRILADo
EN- FRANCIA
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1925-03-26
D1srUaBros EN- Eerpro

CAIRO, MARIO 25. Omitted Press.)
Sc han dido descargas de fusiies
en- Elarish. Sc cree q. los wabahis
cstan atacahdo Akaba, donde el ex-
rey Hussein vive actualmente
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1925-03-26
En- las escueIas...

CcOntinuaci0u de Ia sra.)
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1925-03-26

PARIS, mario IS. Omitted Press.)
-El sxpreso de- Paris . Bordeaux
se descaFrii6 3 las dos de la mana
"a eeEca de Poifiers. La locomotora
y siete vagones se volcaron. Dos va
cones eayerCn Al RIO. Hnbo cuatro
EsnegtoA entire clos q senador Pc
sebidou, cuarenta heridos.
Evening star., 1925-03-09
BONDS ARE WEAK
IN TRADING TODAY
Railroads, Public Utility, Oil
and industrial Liens
Lose Ground.
BY GEORGE IT. HUGHES.

Special Dispatch to The Star.
NEW YORK, March 9-In today's
bond market a sharp line was drawn
between securities within and with
out the legal" class.
Bonds which the law permits saw
ings banks to buy were in demand in
excess of supply. The banks were
asking for offerings. This condition
was reflected in prices, as, for in
stance. when Atchison general As at
80 made a new high for the year and
New York Central SIS sold at 1o1, up
three-Quarters from Saturdays close.
Other illustrations of the same sort
of strength were found In Southern
Pacific refunding As and Baltimore
and Ohio first As.
Market Is Reacti0nary.
Outside these selected bonds the
market was reactionary. Quotations
were not materially lower. mainly
because bonds were not pressed fol-
sale. One exception to the general
trend was st. LouisSan Francisco
prior lien "A" As. which at one time
got up to rs, a new high. New York
Central IS, however, dropped below
ia, and there was further selling OF
Missouri -kansas-Texas adjustments
below sc. Explanation for the recen,
weakness in /. G. N. adjustments was
afforded by the declaration today OF
only a per cent interest disburse-
ment for the year. Earnings, 1t had
been thought, would justify at least
per cent. The bonds sold below
73 today, against 76 week ago
Denver and Rio Grande Western IS
went down a point. Missouri Pacific
general As were heavy.
Foreign bonds were comparatively
steady, notably the German Is.
Japanese 6las were fractionally
lower, but the new S15.000,000 Toho
Electric Power Is offered at coy, 10
yield over 7.S0 per cent, were readily
taken. This return compares with
7.20 for the Japanese 61as at the
present market
Evening star., 1925-03-09
CHICAGO LIVE STOCK MARKET

CHICAGO, March 9 Omitted States
Department of Agriculture).-Hog
Receipts, $1,000 head; slow; early
trading mostly steady; yard traders
and few shippers: late trading 10 to
% lower; bulk desirable medium and
strongweight butchers, late, 13.S5a
400; $50 to ESQ pound averages,
mostly 13.75a14.0o; bulk slaughter
pigs. 1925 downward; big packers
bidding 25 or more lower; slaughter
pigs, 12.o0a13.25.
Cattle-Receipts, 10000 head: some
steers and yearlings grading good to
choice comparatively scarce, firm;
spots higher; others and fat she stock
generally steady; early top weighty
steers. 11.50; several loads, 1o.75a
11.25: yearlings in very active de-
mand; part loads upward to 1880;
mixed steers and heifers, 11.50; bulls
and, stockers and feeders firm; spots
higher on latter class; bulk, 100 to
775; several strings out of first hand,
500 and better: vealers unevenly
lower; packers paying 1900 to 1880
for choice light offerings; palmer
kind. 11.00 and below; outsiders, most
ly 13.0oa14.00; largely 13.00a145O.
Evening star., 1925-03-09
GRAIN EXPORTS UP; ).
BUSINESS LIVELY
Gains and Losses About
Even, With Orders Too Rapid
to Put on Blackboard.
By the Associated Press

CHICAGO. March 3.-Export busi-
ness Of large volume led to an early
advance in wheat prices today. The
fact that Liverpool quotations show ed
an unexpected upturn tended also
to lift values here. A big general
trade quickly developed, with leading
commission houses active on both
sides of the market and with fuctua-
tions SO rapid that blackboard oper-
ators had difficulty recording the
changes. The opening. which varied
from IL TO 3A higher, May 1872 to
1.84 and July 1.64h to 1.65, were fol-
lowed by some further gains and then
by many breaks and bulges within
limits of about cents.
Liberal receipts of corn here, 573
cars, had a depre ssing effect both on
the corn market and on oats. despite
the strength in wheat. After open
Ing at y to 1 advance. May 1891
to 1.29%, corn rose a little higher
and then receded to well below Sat
urday's finish.
Oats started unchanged to 1 up,
May 51h to 52h. Later all deliveries
underwent a sharp decline.
Provision averaged lower, syInpa- =
thizing with downturns in prices OF
corn and hogs
Evening star., 1925-03-09
MARKET CLOSES HEAVY.
Slight Rally in Some Issues Just
Before Gong Sounds.
By the 4 ssocisted Press

By the ssocisted Press.
NEW YORK, March Stock prices
reacted sharply in todays market.
but trading was in reduced volume
inability of professional operators on
the long side to attract a large public
following at current price levels
combined with SITTER call money rates
ana desire on the part of many
traders to take profits in order to
meet income tax payments were the
reasons generally ascribed for the
selling in the absence of any adverse
news developments. Total sales ap-
proximated 1,25O,00O shares.
The closing was heavy. Some of
the industrial leaders rallied slightly
on snort covering just before the
close. but the general list showed a
saggIng tendency whenever large
volumes of stocks were offered for
sale. Aoi
Evening star., 1925-03-09
MAY CLOSE UP MINES
IN NOVA SCOTIA STRIKE

AkSoCldteu FreSS.
SYDNEY, Nova Scotia, March g.
]. e. McLarg, vice president of the
British Empire Steel Corporation, an
nounced today that unless the pro-
vincial government promised protec-
tion for men brought here to man
pumps in the collieries, where mem
bers of the United Mine Workers
OF America have been on strike since
last Friday midnight, the corporation
proposed to abandon mines 1t had
been operating for the people of
Nova Scotia, who owned them.
Since the strike, which was Joined
by all union maintenance men, Of
hcers and clerks of the corporation
have been manning the pumps and
fans to save the mines from being
flooded by water and gas.
Evening star., 1925-03-09
DAIRY PRODUCTS.

BALTIMORE, March 8 (Special) -
Live poultry-Young chickens, lb., 25a
So; Leghorns, 25a30; Winter chick ems,
3sa40; old hens, 25a31; Leghorns, 25a
26; old roosters, 17a18; capons, 34a40;
young turkeys. 40a45; old, 35; poor
and crooked breasts, rs; ducks, 25a34;
geese, 22a26; pigeons, pair, 40a42;
guinea fowl, each, 40a50. Dressed
poultry-Turkeys, h., 26a45; poor and
crooked breasts. 25; chickens, 30a35;
old roosters, 17a18. Ducks, 30a35;
geese, 2oa25; capons, 33a45.
Eggs-Receipts. 1.142 cases, native
and nearby, firsts, doz., 27A a2S.
Butter-Good to fancy, lb., 42a47:
prints, 47a4s; ladies, %; store pack
ed, 21a22; press butter, 31a32; dairy
prints, 21a25; rolls, 21a25.
Evening star., 1925-03-09
Markets at a Glance

NEW YORK-Stocks heavy; 20 in
dustrials break , to 13 points. Bonds
reactionary; losses of 1 to 21k points
general.
Foreign exchanges lower; francs
fall back 8 points.
Cotton steady; heavy exports.
sugar easy; Cuban selling.
Coffee featureless.
CHlCAGO-Wheat firm; large ex-
port business.
Corn barely steady; larger receipts.
Cattle steady to higher.
Hogs lower; light demand.
Evening star., 1925-03-09
FOREIGN EXCHANGE.

Quotations furnished by W. B. Hibbs & {
Nominal Selling che
Evening star., 1925-03-09
NEW YORK EGG PRICES.

NEW YORK, March g. Eggs
steady; receipts, 1925 cases; fresh
gathered extra firsts, 31a31 Y; do.
frsts. 29a30; do. seconds, 2Sa28k
nearby hennery white, closely Sc
lected extras, 39ha40; nearby and
nearby Western hennery white, first to
average extras, 34a39: nearby hennery
browns, extras, 34a36; Pacific coast
whites, extras, 38ha3s; do firsts to
extra hrsts, sias7X.
Evening star., 1925-03-09
CLOTH MARKET STEADY.

NEW YORK, March 9 (Special).-
Cotton goods markets opened the
new week quietly, with prices firm
but unchanged. Print cloths were
quoted at 9N cents for 81 by so and
TN for So by ~. Raw silks were
slow and prices were unchanged.
xxA 20-22 denier tops the price list
At s6.S5.
Evening star., 1925-03-09
New Orleans Quotations.
GRAIN AND PROVISIONS.

BALTIMORE, Md, March 8 (Spe-
cial).-Potatoes, per 100 pounds, 1.00a
lao; sweet potatoes, barrel, 2.50a6.o0;
yams, barrel, 3.50a4.oo; asparagus,
dozen, 11.o0; beans, hamper, 3.5oa5.oo;
beets, crate, 1.o0a2.25; brussels
600a120o; savoy, bushei, scars; broc-
coli and kale, barrel, 1.00a1.50; car
rots, 100, 5.o0a7.00; caulifower. crate,
250a3o0; celery, crate. 2.50a3.75; egg
plants, crate, 3.50a4.5o; lettuce, bas-
ket, 1.00a3.00; onions, 100 pounds,
2.50a275: oyster plants, 100, 6.0oaS.00
parsnips, basket, 35a50; peas, hamper,
4.o0a5.00; peppers, crate, 4.o0a7.0o;
spinach, bushel, 6oa1.o0; squash. crate,
5.ooa6Oo; tomatoes. crate. 2ooa6.oo;
turnips, basket, 50aso.
Apples, packed. barrel, 3.50a7.5o;
bushel. 1.ooa2.25; grapefruit, box, 2.25
a275; oranges, box, 4.5oa5.50; straw
berries, quart. 35a50.
Selling Prices at Noon.
Wheat-No. red Winter, spot, ex-
port, no quotations.; No. red Winter
spot, domestic, 1884,; No. 2 red Win
ter, garlicky, domestic, 1851; No. 3
red Winter, no quotations.
Sa1es-None.
Corn-Cob, new, yellow, spot, SIS
a7.o0 per barrel; track corn, yellow,
No. 2, 1888.
Sales-None.
oats-No. 2, 81 asked; No. 3, so
asked.
Rye-Nearby, 1.40a1.5o; No. 2 rye,
spot, 1927.
Hay-Receipts, none. Under more
liberal receipts of hay by truck
the market rules easy, with little life
to the buying. A moderate demand
prevails for the better grades of tim
othy and light clover mixed, but COM
mon, low-grade hay Is hard to move
at any price.
Quotations today: No. 1 timothy,
20.50a21.50 No. 2 timothy, 17.00a19.00; ;
No. L light clover mixed, 19.50a20.00: !:
No 1 clover mixed, 1s.00a19.50; No. 2
clover mixed, 17.00a18.00; No. clover,
19.00a19.50.
Straw-No. 1 wheat. 16.00a16.50 per
ton; No. 1 oat, 17.00a17.50; No. 1
straight rye, 1S.0oa1s.00.
Evening star., 1925-03-09
COTTON QUOTATIONS
OPEN WEEK STRONG
Lack of Rain in South Starts
Early Covering and
Much Rebuying.
BY the Associs led Press.


NEW YORK, March s.-Failure OF
early weather news to show anticipat-
ed rain in the Southwest. combined
with relatively firm Liverpool cables,
led to a good deal of covering and
rebuying at the opening of the cotton
market today.
First prices were 10 to 81 points
higher. with July selling up to 263S,
or into new high ground for the
movement. while May advanced to
ISIS and October to 1856. These
quotations attracted considerable real
izing, however. while the weather
map was regarded as pointing to
probable showers in Texas. Prices
eased off several points from the best
but still showed net gains of 8 to 20
POINTS at the end of the first hour.
Private cables reported a steady
undertone in Liverpool ON the Texas
weather news and a brisk spot de-
mand.
New Orleans Quotations.
NEW ORLEANS, La, March s.-The
cotton market opened strong, owing
to Liverpool proving 19 to 81 penny
points better than due, with spot sales
of 10000 bales. First trades here
showed gains Of IL to 21 points and
the market continued to advance until
May traded as high as 26.23, July at
26.44 and October at 1888, or 22 to rs
points above the close OF Saturday
The market later eased off II to ID
points on better prospects of rain.
Evening star., 1925-03-09
HOG PRICES LOWER
IN CHICAGO TODAY
Special Dispatch 70 The Star.

CHICAGO, March s.-After a gener-
ally steady start, the hog trade
showed weakness today and some
sales were lower. A week ago today
best hogs went at 1915. Choice lots
sold at 14.00a14.25 from the opening
of the market today. About 151,O
hogs were reported at combined prin-
cipal markets. Sales were as much as
'25 cents lower late in the session.
Bulk Of packing hogs went at 12.5oa
1900.
Evening star., 1925-03-09
GERMAN STOCKS AND BONDS

Quoted in dollars per million marks)
Ger ct twar Ioan) 5s 1e14-1s. 1475.oo 1923 N
Hamburg <17s 1919. 275.OO 3l25t
Ger CT Ass forced loanl.... 1900 10 O(
Evening star., 1925-03-09
MORRIS PLAN BANK
OPENS IN DISTRICT
Institution Is Continuation of
Old Company With Greater
Facilities.
BY CHAs. p. sHAEFPER

The Morris Plan Bank, Thirteenth
and Eye streets northwest, opened
for business this morning.
The institution is a continuation ~
the Fidelity Savings Co, with ex-
tended and enlarged facilities. in
cluding an additional $780, 600 of paid
In capital and a surplus of $4,000.
The Fidelity Savings had capital OF
but 100000.
The Morris plan of industrial bank
ing, of which the new local office is
now member, Is merely a plan to
lend money in small amounts to wage
earners. who pay back in install
ments. No collateral on loans is
required. but two or more indorse-
ments on all notes are required. The
Fidelity Savings Co. was operated
upon precisely the same lines.
The absorption of the Fidelity Saw
ings by the enlarged bank will entail
several new appointments in the old
executive force and the board of di-
rectors. William Clark Taylor, sec
retary-manager of the Fidelity, will
continue his affiliation under the ex-
pansion plans, as will also Wallace
u: Mclean, vice president of the
Morris Plan Co. of New York: Ar
thur j. Morris, founder of the plan, and
Bertram Chesterman, formerly a ma
tional bank examiner. now assiciat ted
with the Morris plan.
Trading on Local Board.
Utility stocks on the Washington
Stock Exchange were the bright spots
In today's trade, selling at highest
levels.
Washington Gas Light stock re-
tanned Its years peak in heavy SELL
ing, 250 shares of this popular issue
changing hands at 60. Mergenthaler,
which Is operating on an earning
basis of 20A per cent during the
present fiscal year, according to re-
liable sources, gained a full point
over the years high, selling at 1856.
Norfolk and Washington Steamboat
Company also established a new peak
when five shares were bought at
23612, an advance of l II points over
the best previous mark. Ten shares
of Lanston were sold at 50 u, frac-
t1onal gain over the highest figure
previously reached this year.
Capital Traction stock was strong
at the opening of the market, but
sold off to 91A on restricted buying
Railway preferred was active at 81 y
Traction SIS, the only bonds to figure
in today's market, brought 9Sh.
Local Securities Prices.
The following latest Ibid" and
asked" prices for unlisted securities
are quoted for the guidance of hold
ers Of these issues:
Evening star., 1925-03-09

tPartly extra. Playable in preferred stock.
Dividend rates as given In the above table
aru the annual cash payments based on the
latest quarterly Or half-yearly declarations.
dividends are not included.
Evening star., 1925-03-09


The Sacramento Northern Railway
Co., subsidiary OF the Western Pa
cific Railroad, today asked the Inter-
state Commerce Commission for ap-
proval of necessary security issues
and financing action by which it pro-
poses to acquire control of the Sac
ramento Northern Railroad.
Under the terms outlined, the Sac
ramento Northern Railway Co. will
issue to the Western Pacific 10000
shares of common stock at par, re-
ceiving therefor 100000. It will
then pay s730,0o0 to the present owners
of the railroad. retaining in its
treasury the balance of $270, 1000 to
finance operations. In addition the
railway company will assume liability
for the outstanding bond issues
against the railroad, which, at par,
are valued at s5,224,S73.
Program at Institute.
The weeks schedule for the local
chapter, American Institute of Bank
ing, is announced as follows:
onight-Lecture by F. J. Donohue
on Stocks and Bonds" before stand
ard banking class.
Notwithstanding class lecture
by Joseph K. Meyer. on Safeguard
ing Cash Analysis Sheet"
Wedn neSday-Lecture by r. B.
Dickey, Holder in Due Course be-
fore negotiable instruments class.
Thursday-Lecture by Eliot H
Thomson, Bank Bookkeeping" be
fore the elementary banking class,
and public speaking and debate class.
under direction OF Rufus Lusk, in
Washington Stock Exchange rooms.
Friday-Review in standard eco
nomics, by F. ]. Donohue, and lee
ID AAF ha
credits class. on Handling Embar-
rassed and Bankrupt Concerns
Banker Back at Desk.
William P. LipScomb, vice presi
dent of the District National Bank,
has returned to Washington after a
lengthy sojourn in Florida