davidaulloa/AmericanStories huggingface dataset:
Evening star., 1925-12-26
TURKEYS CHEAPER
IN CENTER MARKET
Prices Off Two and Three
Cents Today-Hennery
Eggs Up Two Cents.

Today was cleanup day at Center
Market. Receipts we're exceptionally
light. as is usual after a holiday. and
the demand was in Il stagnant state
The few struggling orders drifting
into the market indicated slight Ge
cline in turkeys. dressed, and grad
ual falling off all along the poultry
line. although there was not suffi
cient business transacted on the whole
to allow a definite estimate of the mar.
ket. Hennery eggs took a 2-cent
jump. Turkeys were q bit cheaper.
Prices of wholesale commodities
were approximately as follows:
Today's Wholesale Prices.
Butter-F'ancy. lib. prints, Sc; tub
50a53: store packed. 4Oa45.
ESgs-AveraGe receipts. 45a46: stor
age. 36a37: hennery 4Sa50.
Poultry, aliye-Turkeys. top, 42a
43; Spring chickens, 25; fowls. 25; Leg
horns, 20a23: ducks, IS; geese. 20a23
keats, 60a75; rabbits, top. 35a40: sec
onds. 15a2O. Dressed-Turkeys, top
4sa50: Spring chickens, 2Sa30: fowls
27a2S; Leghorns. 30: ducks, 2sa3o
geese. 80: keats. s0at. 90.
Live stock-Calves, top, IA: hogs
121a.
Meat-Beef. II: lamb. 80; veal, ga
%; pork loins. 26a2S pork shoulder
30: fresh ham. 26a2S.
Evening star., 1925-12-26
RED.LETTER WEEK
IN WHEAT MARKET

BY the Associated Press.
CHICAGO. December 26.-Flurried
buying and big jumps in prices have
made this q red-letter week for the
wheat trade. Surprises contained in
Government crop reports from Wash
ington were the chief reason. especial
ly an apparent showing that right
now the United States is minus 27,0O0,-
900 bushels of the amount of wheat
which it would be usual to have on
hand at the end of the crop year,
July |, 1926. Compared with a week
ago prices for wheat this morning
were An to Sas cents bushel higher,
with corn rs to 2ss cents up, oats
at "A off to "a cents advance. and
provisions showing to AZ cents gain.
Prior to the first of the Govern
ment reports the wheat market had
been fluctuating in uncertain fashion.
according as Argentine crop advances
varied from day to day. Argentina
went into sudden eclipse, however,
when authoritative figures were flash
ed from Washington indicating that
this country's 1925 yield of wheat
is nearly 2O0,000,000 bushels short of
last years total. Before the follow
ing day was ended, wheat had risen
in some cases 9h cents a bushel, and
had outdone prices current at the cor
responding time year ago.
Another crop report from the
United States Department of Agri
culture that the amount of Winter
wheat seeding for the 1926 domestic
harvest is a good deal below what
had been expected led subsequently
to further gains in price. The latest
upturn of the wheat market was
also accelerated by word of serious
crop damage from rust in the most
important sections of southern
Argentina.
Corn advanced owing to official
announcement that instead of d
bumper crop the estimated yield of
corn is 10000, 900 bushels less than
last months forecast. On the other
hand. the pig crop in the corn belt
is the smallest since 1920. The Gov
ernment crop report rs to oats was
bearish.
Provisions went up with hogs and
corn.
Evening star., 1925-12-26
INDUSTRY HOLDING UP.
Dun's Expects Year-End Let-Up t.
Be Lighter Than Usual

NEW YORK. December 26.-Dun's s
report today SAYS: Recent expansion
in important departments of trade is
firmly held and indications are that
the customary slowing down at the
end of the year will be less marked
than is usual. Distribution in retail
lines this week was dominated by last
minute shopping, and this. stimulate
by the payment of many Christmas
bonuses. reached dimensions never
previously recorded.
Aided by the cautious buying in the
earlier months of the year and the
generally favorable weather conditions
prevailing. there has been very salts
factory absorption of SeaSonable
staples and il is reported that dealers
in many lines find themselves with
much smaller inventories than is usu-
ally the case AT this period.
Production for many months wa
kept down as closely as possible to
current requirements and stocks car
red over into the new year are not
only very much reduced. but in prac-
tically all lines broken as they have
not been in many years.
Weekly bank clearings. SS,o74,323 600.
Evening star., 1925-12-26
BY STUART p. WEST.

| Special Dispatch to The Star.
NEW YORK, December 26.-The sc.
curity markets during the last week
| have had to withstand higher money
rates and continued uncertainty about
French finances. On the other hand,
trade reports have in the main been
| favorable. The net result has been
an upward movement which has
| brought investment values well up
to their highest of the year and has
carried speculative values for the
most part higher
The per cent money rate was at
no time taken seriously. 1t was evil
IDENTIFY the result of the gathering In
of funds required for the corporation
disbursements at the first OF the year
The assumption is that, following the
usual routine. money after the first
week of January will begin to f1ow
| back to the reserve centers from the
agricultural sections. and that this Will
produce easy conditions in the New
York money market.
Test After First Of Year.
Then will come the test of new
| investment offerings, especially from
| abroad. Germany needs a lot of new
financing and so does Italy. These
countries are naturally looking TO the
United States for the desired capital.
Home railroads. industrial and public
utility corporations will be in the
market for new loans. But IL will be
time for new f1otations like those OF
1924
The Federal Reserve Bank surplus
if still large as compared with the
! imitation era of 1919 and 1920. But it
has come down considerably from it's
top. Gold imports have almost
ceased. There can he no ground for
discussing the possible consequences
of a gold surplus, as there was in 1923
40 Imitation Ahead.
The Federal reserve resources have
/ been drawn upon moderately to take
! care Of the increase in industrial ac-
tivity and the rise on the Stock EN
change. The expectation IL that they
may he needed further To satisfy the
| business enterprise Is looking forward
| ideas which the speculative com
| munity had formed regarding 'infia
ton" have been abandoned. Individual
business enterprises is looking forward
| To higher rating, for their securities
| must stand upon their own earnings
conditions and not depend upon the
| vague conception of boom" founded
| upon n general money surplus.
Steel Business Fair.
Iron and steel production is back AL
| most to the peak of last Spring. So
| Tar prices have not responded to the
| same extent. The fair description Of
the steel trade would be that the husi-
ness volume is very good, but that the
| nrice level Is not AS satisfactory
! Companies like the United States Steel
| Corporation. which can get on with
| the low profit margin. are doing well
| but ii is question whether some OF
! The independents will make the show
| ING which normally would be expected
| Copper prices are little changed. A.
| yet they have not reflected the inn
Evening star., 1925-12-26
SECURITY MARKETS co HIGHER
DURING PRESENT WEEKS TRADING
Higher Money Rates and French Francs Are Special
Factors-Funds From Agriculture Sections 70
Flow Back to Reserve Centers Soon.

, provement anticipated in European
buying power.
The reason for the strength in rail
way securities is that maintenance
expenditures have been so cut down
from their highs of the postwar pc
riod that the net results are CORE
spending to the gross increases due 10
the large volume of general business,
Francs Hold Their Own.
French francs during the week have
had their alternate ups and downs
without any material change. There
Is n suggestion Of government sup
port and also some indication that
through the use OF the tobacco mo-
nopoly and possible mortgages on pri-
vate French Industries the crisis may
be met.
A good deal of short covering has
gone on. but on the whole the finan-
cial world Is waiting for something
more definite on the big question.
which Is whether the French budget
will be balanced through the increase
Of taxes, which the politicians hesitate
to state and which the French people
are unwilling to accept.
Wheat at New High.
The rise in wheat to new high rec
ords for the season has been fea-
ture Of the week. This is something,
however, which interests the grain
dealer and speculator rather than the
farmer. The real growers sold out
all they had. except what was re
quired for feeding purposes, some
time ago.
The remnant has been left in the
ha nds Of traders who We're willing to
take the chance on the proposition
that before the new American and
Canadian crops come in there will be
something of shortage in the con
Stunning countries. OF course. the
South American and Australian pro
duciion has to be considered. but the
grain trade has made up its mind dur
ing the last week that prices for
wheat should naturally he high.
Cotton Now at Standstill.
The cotton market has done very
little Prices have become adjusted
to the latest estimates of a big crop
but the apparent surplus is too large
To make buying interests at all
anxious. Sugar prices have gone
lower in response To estimates OF "A
new cuba crop Of over 100000 tons.
The oil trade faces a situation
where. if there was an attempt to ad-
vance prices in the East, ii would in
volve larger shipments from Cali
forna. The logical result is that some
of the shares of companies having a
substantial investment in the Cali
fornia district have improved. while
others have been more uncertain.
Copyright. 1925l
Evening star., 1925-12-26
EXTRA GOOD WEEK
IN COTTON MARKET
Near Months Above 19.Cent Level.
While October Rallies Above lS
Cents-Active Buying.
Bv the Associated Press.

BY the Associated Press.
NEW YORK. December 26.-The
covering of a considerable short in
tereSt featured the cotton market this
week and advanced prices above the
19-cent level for near months, while
October. after selling early in the week
ut new low levels for the season. raj
lied above Is cents. In addition to the
demand from shorts there was con-
siderable foreign buying of late
months. notably October, and mod
crate amount of investment buvin- in
that month.
A theory that seemed to be quite
generally held among traders was that
the market has become stabilized
Ground present levels. and that condi-
tionS furnished an attractive basis for
both speculative and mill buying at
current prices. 1t was declared by
those advocating higher market
after the turn of the year that exports
still about 100000 bales in excess of
last year for the season thus far, will
he maintained. and that there Is good
reason to believe that the South will
consent to n reduction in acreage
The rainfall thus far has not pro-
Vided very good season in the
ground. and much moisture will be
needed to make up for the shortage
which occurred last Summer in both
the Eastern and Western belts The
south sold rather freely for Christmas
needs in the early part of the week
hut reduced its offerings later, and
high grades were difficult to buy
There were also reports to the effect
that it seemed probable, in view of
the attitude of mills toward the lower
grades that these would all be used
this season. as the price is very at
tractive compared with the big pre-
miums being asked for the higher
grades.
There were fully 1SS notices Of in
tention to deliver on December con-
tracts, the quantity involved for the
entire month being about 10000 bales.
all of which were retendered on Janu-
airy contracts Thursday. This failed
to exert depressing effect on the
market, however. and January was a
leader in the advance late in the week,
reaching 1909, while March sold up
10 1916 and Octobeg to 1907. There
seemed to be considera BILE competition
among leading spot houses for the
local stock, which is of a desirable
quality Cotton has been coming here
for delivery all the month, the amount
received thus far aggreSafing 47,2o4
l,aleS
Evening star., 1925-12-26
NICKEL PLATE SHOWS
GAIN IN REVENUES
Net Income Scores Increase of Over
S777,0 900 in First Eleven
Months.
Bv the Associated Press.

By the Associated Press.
CLEVELAND. Ohio. December 26.-
Nickel Plate operations for the ]
months ended November so last show
gross revenues of S50.017,924, an in
crease of $456,515. and net railway
operating income of s9,S13.S26, an In
crease of S1,1S6,53 compared with
the corresponding period of 1924.
Net income was S6,O23.33?, An in
crease of $777 ,039 over the il months
OF last year. Operating ratio for the
period was 72.11. compared with 1908
for the II months last year.
Gross revenues for November Were
G52S,O92, a decrease of $I8,733 under
the same month last wear Net rail
way operating income was $763, ,149, q
decrease of $338,156, while net income
after all charges. was $415, ,S65, a de
crease of $356,O72.
Evening star., 1925-12-26
COMMODITY NEWS
WIRED STAR FROM
ENTIRE COUNTRY

FARGO, n. Oak. December 90
Increased employment in the Ignite
coal fields and an unexpected heavy
dema nd for farm help has relieved the
usual Winter unemployment situation,
and there is work for nearly all ap-
plicants, the Federal labor report
shows.
HOUSTON. December 26.-Up to
Christmas consumers here paid GO
cents pound for turkeys. while
farmers were paid 80 to 35 cents a
pound for live birds.
DETROIT, December 26.-The Flint
Motor Co. has received an order
through it's Los Angeles branch for
1000 cars for the Automobile Theft
bureau of America. The cars are to
be equipped with radio receiving sets
and low wave-length broadcasting out
fits to receive and disseminate news
of stolen cars.
SEAFORD, Del, December 26.-
Oyster packers here report short
age of bivalves. due to recent gales
which have hampered oystermen.
AMARILLO, Tex, December 26.-
Panhandle hog production will be in.
creased this Winter because of the fa-
vorable feed situation in Deaf Smith
and adjoining counties. Hogs there
will be ready for early Spring market
ing.
POTTSVILLE, Pa. December 26.-
The Phillips Jones Corporation will
erect a 100000 factory on an island
in the Schuylkill River near here. The
river washes an abundance of anthra-
cite coal right to, the doors of the
boiler house.
SACRAMENTO. December 2s.-The
Central California Protective League
is attempting TO limit orange ship
ments to keep the market. which has
been strong, from being overcrowded.
Evening star., 1925-12-26
RECORDS SMASHED
BY AMERICAN CAPITAL In 1925
Huge Sums Poured Into Foreign Loans-Bond Deal.
ings Under 1924 Totals-Call Money Reservoir
Filled With Idle eFunds-Improvemen Abroad.

obtain like amount through the sale
of railway bonds issued to the Repara-
ton Commission, while Belgium Is in
line for a $3.50, 100000 international
loan, a large portion of which will be
underwritten in this country.
Germans Get Capital in U. S.
German industries and municipali-
ties alone absorbed approximately
5000 900 900 of American capital dur
ing the year, the loans ranging from
the greater shipping and steel COM
panies of the Reich to a central bank
for agriculture. OF the financing for
productive purposes, an additional
500. .O00, 900 in loans of this type may
be expected before the new year Is far
advanced, with competition offered by
a like amount of Italian municipal and
Industrial bond issues.
Other foreign countries and indus
tries which f1oated important loans
here included the government Of Ar
gentina. approximately 800, 900 900;
Poland. $4,000, 900; Norway and Den
mark, $50 900 900 each, and the Toxic
Electric Co. of Japan, s24OOO,OOo.
Mexico's credit standing was ap-
preciably strengthened when the $780,
600, 600 debt agreement, negotiated
in 1922 and abrogated in 1924. was re-
stored IN 1nOQlleO form. Inc most
important provision involved a return
Of the Mexican railways to private
ownership on January /. 1925.
Years Biggest New Offerings.
The largest individual offering Of
the year took the form Of a s125. .000.-
000-bond issue for the American Tele-
phone and Telegraph Co.. one of the
few billion dollar corporations of the
United States. Second place in cor
porate financing was taken by the
SIS. 600. 900 offering of Dodge Bros
debentureS. which marked the pass.
ing of the huge motor company from
private control to the hands of the
public. The Baltimore and Ohio.
Central Pacific. 'Panhand division
Of the Pennsylvania and the Canadian
National Railways were represented
in the market with large bond offer
ings.
Total sales of listed bonds on the
New York Stock Exchange were esti-
mated roughly at $500. 900 900. COM
pared with almost 81 900 900 5000 in
1924. Lighter trading in Liberty
bonds. which We're dealt in on a
purely investment status, accounted
partly for the contraction.
Evening star., 1925-12-26
FIVE TO 81 POINT
STOCK ADVANCES
Old Fashioned Christmas
Market Prevails in
Wall Street.
BY the Associated Press.

NEW YORK, December 26.-Wall
street witnessed an old-fashioned
Christmas stock market this week,
with spectators for the advance bid
ding up A wide variety of stocks from
to 80 points. The recovery came
after an early period Of irregularity,
during which some substantial recess
Sions took place in the motor and
some of the high-priced industrial
specfalties. New financing was in
large volume for this season OF the
year. and most offerings were quickly
absorbed.
Bullish sentiment in the stock mar
ket was created by the passing OF the
maximum reduction bill by the House
of Representatives. by reports OF
heavy steel consumption. publication
Of constructive oil trade statistics,
"A series of favorable dividend develop
ments and the optimistic tenor of the
first yearly reviews TO make their ap-
pearance.
American Can Feature.
American Can was the outstanding
individual feature, soaring 80 points
above last weeks close to new high
record for all time 296, as com
pared with the years low OF l5S.
established January l6. The buying
was said to have been based on re-
ports that current earnings are run
ming at the rate of s. u share on the
new stock, six shares of which were
given for each one of The old through
stock split up and the declaration
of stock dividend.
Rails were galvanized into action by
the publication of unusually favorable
November earnings reports. particu-
larly by some of the Western carriers,
and by the crossing of the million.car
mark by freight loadings in the first
two weeks of the month, the largest
uf any similar period in history.
Atchison. New York Central and At
l,ntic Coast Line were among the
many issues to sell at their highest
prices in a year or longer.
Oils Are More Active.
Oils took on a new lease of life. with
buying stimulated by reports of forth
coming mergers in the California and
nidcontinental fields. Pan-American s
heldS derived special strength from the
development of new wells in Mexico,
greatly increasing the company's pro-
duCtion in that country. Pacific and
Associated Oils and the Barnsdall is
sues all touched new 1925 highs.
Prospects of an enormous demand
FOR copper next year, particularly by
the public utility companies. brought
fresh buying into the non-ferrous
metals group. with American Smelling
IN the forefront of the advance.
Specialties for which there was a
brisk demand included MathieSon
AlkaG, hallway steel Spring. Postum
Cereal. International Combustion En-
Gineerinc. General Electric. Sears
Hoebuck. international Harvester and
:. 5. kreSGe. National Cloak and Suit
issues sank 10 new low levels for the
year in reflection of diSa pDointine
earnings of the last half of the year.
Evening star., 1925-12-26
OMIT DIVIDEND ACTION.

NEW YORK. December 26 P).-
The directors of Il. Hoe & Co. took no
action on dividends due TO he declared
at this time on class "a shares, which
ordinarily would have been payable
January Is. 1t is not expected that
there will be another meeting of the
board for at least a month. Four
quarterly 81 payments on these shares
have already been distributed, the first
having been made last January Is. n.
Swartz was elected president of the
company to succeed Richard Kelly. re-
signed
Evening star., 1925-12-26
WOOL MARKET QUIET.
Tone Reported Better Than for
Several Weeks.

ROSTON. December 26 P).-The
commercial Bulletin today says:
Holiday quietness pervades the
wool market. but the tone of the mar
Ilet is much better than 1t has been
for several weeks. The decline. which
was started by a drop in prices in
Montevideo, about three weeks or so
ago. has been stopped and prices in
the foreign markets have appreciated
slightly since, more especially in South
America and New Zealand, and aiso
AT the Cape, while Bradford is doing
more business.
Everywhere a feeling of confidence
prevails, and the belief is general that
1926 promises a great deal for the
wool textile industry. The goods out
look. both here and abroad, with wool
pn it's present low level. barely above
the cost of production in some cases,
Is considered excellent.
Evening star., 1925-12-26
TRADE EXHIBIT READY,

NEW ORLEANS. December. 26 (Spe-
ciaD.-The international trade exhibi-
ton, which will include permanent ex.
hibits of domestic and foreign goods
and provide a trading place for export
products, has been unofficially opened
although the formal opening will not
take place until February !. Exports
through New Orleans in the last month
broke all records, totaling $51, zoe, 900
in value.
Evening star., 1925-12-26
NEW YORK MARKETS
ARE ALL CLOSED TODAY
Banks, However, Have to Open
Doors to Transact Routine
Business.
BY the Associated Press

BY the Associated Press.
NEW YORK. December 26.-Fol-
lowing the lead of the New York
Stock Exchange, all the local securi-
ties and commodities markets will re-
main closed today, prolonging their
Christmas recess until next Monday.
Since it is not a legal holiday. bank
ers will be required to open their
doors. but will transact only routine
business. Textile houses and other
large corporations, both in Wall street
and other sections of the city, will OBJ.
serve "a triple holiday.
Evening star., 1925-12-26
Your Banker, Knows.

When in doubt about security
consul. your banker. 1t is equally as
much his interest as your TO protect
your savings. You trust him with
your deposits-why not trust him
with your investment problems?
Evening star., 1925-12-26
GET S11.40O IN BONUSES.

NEW YORK. December 26 R,.-
nore than 200 employees of the New
York Cotton Exchange were gladdened
after the close of the market Christ.
mas eve by the distribution of 81 400
in Christmas bonuses. Thomas Hale.
secretary of the exchange, acted as
Santa Claus.
Evening star., 1925-12-26
Easily Explained.

From, the London Mail.
Angela, why are you so cold to me
today?'
Because you haven't given me
those furs I asked you for"
Evening star., 1925-12-26

This brought to New York a
s75 .OOO, 900 Australian loan, which
ranked as one of the major foreign
f1otations of the year, along with the
slO0 900 900 Italian loan, $1O,00o,O0O
note issue for Canada and s50.-
600 900 offering for Belgium. The
Italian financing, which followed that
countrys debt settlement in the Fan,
absorbed a S50,0O0,O 900 exchange stab
I,,zatiou credit. while the loan to Bel
yium was supplemented by similar
credits from private bankers and the
Federal reserve banks.
France. Germany and Belgium are
among the important prospective Dor
rowers here next year. Advances TO
the French government are contingent
upon 4 satisfactory debt settlement. In
which event a $1o0.oo0.ooo loan is .
possibility. Germany is expected to
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1925-06-22
NoTAs DEPoRTrvAs
Por BARON Jr.
BRUJos r CRISES Sc DTV1DEN
Los ACKNOWLEDGEMENTS Y
sENSACIoNAI.ES LUcHAs EN-
Ell CAMPO DE GUAYAMA

Ell ansiado combate que habrfa
de efectuarse en- ei campo atl6tico
de Guayama, entire Ell formidable
eauipo "Guayama stars y "Hu-
macao Stars los cuales Sc encnen
tran actuaimente en- potentisimas
condolences, fue motive de gran
sensaci6n en- la bella ciudad del
Guamanf.
Los fanaticos con fe extremada
en- los brlljos hicieron muchas apues
tas las que fueron correspondents
por los rnismos humacaenos, los que
tenian mucha fe en- los suyos. A
Las 1000 A. NJ. di6 principle la te-
rrible Iucha, bajo el ruido de una
gran saliva de aplausos de parte
tContinGa en- La pAg. III
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1925-06-22
A prOp6sitO de NJ.

(Continuaci6n de la pagina 81