davidaulloa/AmericanStories huggingface dataset:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-16

Boston, June 15.-(AP)-All was
in readiness tonight for the depart
Ire of Commander Donald B. Mac
MILAN for the first hop of his ex-
pioration voyage into the Arctic. He
will leave for Wiscasset tomorrow on
one of the three planes to be used in
the expedition. The Peary will fol-
low with the two other planes.
On arriving at Wiscasset the Peary
will be joined by the Bowdoin, her
companion for the voyage and both
ships will proceed to Sydney, N. S.,
for coal.
Macmillan received Boston's official
farewell today at a luncheon given
him at the Copley Plaza by Mayor Cur
ley and attended by city officials, ma
Wy officers, officials of the G. A. r.
and the American Legion and others.
Leigh Wade, one of the world flyers,
was among those who paid their re-
spects to the explorer.
Mayor Curley presented flag of
the Ancient and Honorable Artillery
Company to Macmillan, with a re-
quest that it be planted at the North
Pole If that point was reached by the
expedition.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-16
Funeral Services
Late Brotherhood
Head at Cleveland

Cleveland, June 15-(AP)-Warreh
s. stone, who as president OF n .Ie
brotherhood of Locomotive E sis,o
neers. was one of the outstana,insi
figures in America in LABOR, nnad'i at
and political circles, was buriea q.
a anu cemetery here today with
ohseouies betting the simplicity Oh
his nature. e.o,, acute
% Besides relatives nationally known Vra
financiers and railroad LABOR ca.n Ieau
and prominent railroad mah a. The 2,
many men of the rank ana lle Tho
railroad industry, were present a.
funeral services. ,;oes the
EolIowing the church services ,n 11
,.;at burial Ritual Of District local -
~ the brotherhood, of which MI ~
stone was a member, was reau a.
the grave.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-16
Parties Search for
Boys Believed
Drowned at Bangor

Bangor, Me-, June 15.-Boy Scouts
the American Legion and scores OF
neighbors are assisting the police TO-
day in a search for two boys, who
left their homes together yesterday
for the purpose, it is believed, OF go
ing in swimming. No trace OF them
has been found, although hundreds
of people have been searching since
last evening when the boys failed 10
return home. 1t is believed they
have been drowned. The boys are
Harold Colt, aged IA, son OF Mr..
and Mrs. Logan Colt, and wafer
Huntington, II years old, son OF a
widowed mother Mrs. Ethelyn Hunt
ington.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-16
Mrs. Hutchinson
Wins Her Divorce

Philadelphia, June 15-(AP)-Mrs.
Elvira McNair Hutchinson, former
New York society girl, was granted
a divorce today from Reginald L.
Hutchinson, member of a prominent
Philadelphia family. former Yale
football player and an officer in the
naval air service during the world
war.
The Hui chinsons were married In
New York in April. 1922. after a ro-
nance which began at Bar Harbor.
Me-, weber they met while vacation
ing.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-16
To Probe Killing
Auto Driver on
Canadian Border

Newport, VT, June 15.-(AP)-The
fatal shooting of Eugene Lamotte in
Westfie1d last night by United States
immigration officials will be investi-
gated by U. S. Attorney Albert w.
Farnum and the federal grand jury,
Mr.. Farnum announced tonight. La
motto, driver of an automobile con-
tanning Timothy NJ. Baker Of Montreal
and six alien Chinese, attempted to es-
cape when ordered to stop by Immi-
grafton Policeman Rounds.
The officers fired at the tires of the
car after six-mile chase and one bull
let ricoocheted and struck Lamotte,
who died shortly after in hospital
here. Baker and the Chinese have
been held pending a hearing before U.
S. Commissioner w. A. Cleary.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-16
Award Prizes for
Alexander Prize
Speaking, BOWdOin

(SpSCidl 10 heiiucDeC JouIhdiJ
Brunswick, June 15.-Edward M.
Fuller, '2s, of Providence, r. l., and
Albert T. Ecke, '27, of Brookline. N. T.,
won the prizes of $50 and $50 consec-
utively at the Alexander prize speak
ing at Bowdoin College tonight. The
prize was offered for excellent in Sc
lect defamation and the contest Is
open to juniors, sophomores and
freshmen. Fuller delivered 1.-THE De-
cline of the Drama" while Ecke's dec
lamation was 1.-THE Revenge" The
other speakers were Donald B. Hewett,
'2S, of Augusta; Maurice Graves, '2S,
of Pittsfield: Ralph Case, '2S. of Port
land; Marshall G. Gay, 20, Of Law
renee, Mass; Robert Olmstead, '27, of
Brewer, and Donald w. Parks, '2S, Of
Haverhill, Mass. The judges were DR..
Charles s. Lincoln. 81, of Shanghai,
China, Rev. David L. Wilson Of Bath
and Leon v. Walker, '03, Of Portland.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-16
Waterville Boxer
Arrested and Fined
For Attempted Theft

special to the Kennebec Journa)
Worcester, June 15.-Raymond
Leonard, q. 5 Benton avenue. Wa
tsrville. Me-. pleaded guilty and
M ssntenced to 30 days III the
house Of correction when arraigned
n Central district court here this
morning on a charge of attempting
o take an automobile without per-
mission. Leonard. who claims q pu-
rfstic record in his home state I'M
ger the name of Panama Kid, !"
Va arrested Saturday night by a
pam clothesman, after a rough and
tumble fight, when Leonard got into
we machine with a friend from
no&on. started the motor and re-
kased the brakes. Leonard claims
y nave fought on several occasions
around Portland and in Massachu-
1etta.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-16
THE WEATHER
CLEARING

Northern New England: Clearing
and cooler Tuesday; Wednesday 1alr'
Southern New England: showers
and cooler. probably followed oy
clearing Tuesday; Wednesday fair
and cooler.
Eastern New York: Sho"eFs anu
cooler, probably followed by clear
ing Tuesday; Wednesday fair, cool
ON the coast.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-16
Plan Defense Day
observance in N. Y.

A1bany. N. Y, June l5-(Arl-
co A Smith today called upon
military authorities Of the state ate. a res
T., .ne which military units are located 10
~ concerning plans for proper
confe Concerning plans for proper
c cuna.vance on July Of a test OF mo-
S Uui plans prepared by the war
donartment.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-16
Missing Bangor
Ynuths Located

Bangor. Me-. June 15.-(APl-fiai-
old A. Colt and Walter Huntington.
two Bangor boys who disappeared
from their homes Sunday ana 1or
,,hor, hundreds of men and boys
saarcbed all Sunday night and To-Day
were located tonight near SouthWesl
Harbor. They had simply run away.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-16
2Heat Victims in
Portland Hospital

portland, Me-, June lo-'Ar'
raround Carnage. So. of Cape Eiizao
beth. and John w. La Rou' 20 Oh ~
prackett street. were Frustrated oy
-. Io.t here today when the mer-
the n rsached Sc at 2 P. M. Botn
curry lien TO the Maine Central HOS
wea as t hit Ia Rou was discharged to-
aobf
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-16
Milo Man Ends
Life by Shooting

Milo, Me-. June 15-(AP)-C. Les
ter Hanscom, prominent resident,
ended his life some time Sunday by
shooting His body was found late
this afternoon in a grove half a mile
above the village. Dependency from
i'll health is believed to have been the
cause.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-16

Chicago, June 15.-(AP)-The
long-awaited human interest element
in the Shepherd murder trial was
thrust dramatically into the spot
light late today when Miss Isabelle
Pope, who waited with a marriage
license while Billy" McClintock
died, took the witness stand.
She was wearing her diamond en-.
gagement ring, presentation OF
which, the state contends, was the
Continued on Page 12-col. y
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-16
Mackenzie and Mrs.
Duncan Were British

Shanghai, June 15.-(AP)-Wil-
liam M. Mackenzie, an employee Of
the electric department of the
Shanghai municipal council, killed
by Chinese on the Great Western
road last night, was a British sub
ject, as is Miss Mary Duncan, who
was slightly wounded at the same
time
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-16
Boston Forecast

Forecast for Boston and VICINITY
Tuesday showers and cooler, prop
ably. followed by clearing; Weunes-
day fair and cooler. fresh west shllt-
ing to north winds.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-16
Argentine Filler
Ordered to Return

Buenos Aires. June 15-(AP))-
The minister of war today sent ca
BILE dispatch to Major Pedro Zanni'
the Argentine aviator to return I'M
mediately to Argentina.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-16
Ellsworth Youth
Loses Life in Pond

Ellsworth, Me-, June 15.-(AP)--
John Phelan, Is, son of Margaret
Phelan of this city, was drowned today
while swimming in Simmonds Pond.
The body was recovered.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-16
Mercury Shoots Up
To so at Portland

Portland, Me-, June 15-(AP)-Ihe
mercury climbed ten degrees to w IN
four hours up to noon today. Ine
humidity was high.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-16
to Ignore
President Gales Talk
and Await Mexico sActs

,rhIie nebuke of Southern Re-
public Made Only After Ma
t,re Thought by President
Coolidge and State Depart
ment-Course Taken After
Many Notes of Protest Had
Gone Unheeded - Stronger
denominations to Follow If
There is No Change Of Front
BY Mexican Govt.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-16
Says Shepherds Ceased
to Be Nice to Her
w hen BILLY"
Sought to Marry
Her

Declares Accused Told Her Of
His Study of Typhoid Fever
-Duped Youth Into Believ-
ing Presence of Both Neces-
sary to Obtain Marriage Ii.
cense-M0st of Her Accusa-
tons Kept Out by Objections
of Defence
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-16
The Fuller Homestead, Augusta
Macmillan Winging His
Way to Maine by Plane

Explorer Will Arrive at Wis
casset in Navy Amphibian
Today-Receives o fiji c i a l
Farewell of City Boston at
Copley Plaza Luncheon
Gets Flag of Ancient and
Honorable Artillery Com
pany to be Planted at North
Pole
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-16

s-rssssesesee s
The Washington times., 1925-02-17
Liberty Bonds

FURNISHED BY W, 2. TIlbbs 4 ce)
Liberty LIST 4As. due IstT...... 1918
Liberty I'd ans. due 1942....... 100.3i
Liberty Sd AS, due l9es....,. Ioi =
The Washington times., 1925-02-17
BIRDsBoRo GIRL SHOT
IN BATTLE OVER HER

READING. Pa, Feb. Thirds
boro officials made a quick arrest
in what may develop into murder
there, in the shooting near mid
night OF Elizabeth Patterson, seven
teen, Of that town. In a quarrel
in her mothers home, the girl got
In the way Of q bullet, probably in
tended for another person. She
was brought to q Reading Hospital
with q bullet wound through the
left lung and arm. William Zim-
norman. charged with firing two
shots, IL under arrest.
Zimmerman, Joseph Stevenson.
the girls mother, Mrs. Charles Booth
are said to have been in the house
at the time. Zimmerman and one
Of the other men are said to have
quarreled over the girl and the
shooting followed. The outcome Of
the girls wound, at first thought
not serious, is in doubt. but her
antemortem statement was taken
by District Attorney Mauger.
The Washington times., 1925-02-17
MANY EAGER TO SEE
THREE MEN EXECUTED

OSSINING, Feb. H.-As Miss
Sally Diamond visited her brothers.
Morris and Joseph Diamond, in the
Sing Sing death house. prison at
tendants announced that there is a
big rush of applications from per-
sons who are morbidly curious to
attend the execution of the two
brothers and John Farina.
The triple execution Of the three
young men accused Of plotting the
murder and robbery of William Nc
Laughlin and William Barlow, in
Brooklyn. while they carried $4,000
belonging to the West End Bank, ls
set for March 26. However, there
is a likelihood of a reprieve because
the fourth defendant, John Farina
is to be tried again in Brooklyn.
II either the defense or the State
seeks to call either of the Diamond
boys or Farina as a witness. which
is liable to happen, reprieves may
|, be granted in all three cases.
The Washington times., 1925-02-17
Chicago Live Stock

CHICAGO, Feb. 17.-Demand for
hogs on shipping account was
strong enough to give the early
trade a good tone in spite Of the
fact that packers were holding off.
The supply was $4,000 and $4,000
were left over from Monday. Good
hogs were quoted cents higher
with the best held at $11.45.
Cattle Of medium to good quality
sold strong to 10 cents higher and
the other grades were steady.
Cows were generally stronger and
bulls sold some better. The calf
demand was good and prices
stronger. Stockers and feeders sold
steady to strong.
Lambs Were quoted steady to
strong In the early part Of the day.
strong TO sc higher. Bulk. slo.59Q
1I.36; top. $lt.45; heavyweight. $1,000
Med1mYslght ' l,sSs
smooth oc SIC. as @fo.7o; psckinE so~s.
rough p,EsS S;ssS&Sss;
steady TO strong. Beef steers-choicee
good. ss.So6s.5o; good and choics'
i $500 a 1850; COWS. eA.000T.50; bulls
/ and heifers, a2.5o@4.60; canner steers
| 3s.0007.00. Veal calves light and
/ heavyweight, tII.0O@14.00; feeder
/ steers. &6.75@7.75: stocker steers. t5.2s
II 07.6O; stocker cows and heifers, $3.50 O
$50; stocker calves. s5:5oQ7.bO..
SHEEP-Receipts, 1900. Market
steady. Lambs fat. S16.50@11l5
lambs. culls and common. $1,000 % n 90
j Yearlinga, 1145o@16.00; yearlt
wethers. 5000 012e0; ewes. fs.504 $50
a ewes. culls and common, t2,00W4.be
feeder lambs, $3.50 @17.S0.
The Washington times., 1925-02-17
STOCKS DISPLAY
IRREGULAR
TONE
FIuctuation Narrow in Early
Trading, But lndustrials
Show Tendency to Rally
nv international News service.

NEW YORK, Feb. 1.-THE stock
market today displayed considerable
nervousness at the start, but fluc.
tuations in opening prices were
narrow and industrial leaders
showed q tendency to rally.
Baldwin'S annual staten e n
showed q. deficit Of $1,479,974 after
dividends on the common stock; but
most Of the selling had been com.
plelted before the report WAS Is
sued. The situation In the stock
was strengthened by the announce.
ment that provisions had been made
from surplus for the full 1925 diyi.
dends. Consequently the stock dis.
played more stability and sold one
point higher In the first period.
The strength OF the industrial
leaders, including American Can.
United States Steel and Cast Iron
Pipe and Of New York Central.
Atchison and other leading railroad
stocks had stimulating effect on
the market in this period. American
LOCOMOTIVES sold up two points at
crossed 12S.
AS d group the oil stocks con.
tinued under liquidation and prices
OF many OF the active stocks showed
slight declines from the previous
close.
Developments IN the oil industry
included a decline In crude oil pro.
duction in Workman pool to $4,000
barrels q day: reports of further
advances in crude oil prices by the
Prairie Oil and GAG Company and
rumors OF the discovery ok another
promising oil field in Texas.
AS rule the independent steel
shares followed the lead RI United
States Steel. though grains were
small. Motor stocks were irregular
with the exception Of Mack Trucks
which gained points on short
covering. General Motors was in
supply and sold down to 54A. the
lowest price since the dividend was
raised to per cent. Chandler was
strong.
The grain markets suffered an
other relapse, wheat declining ~
8 cents q bushel; rye 1 to 2 N cents
corn to I Y in Chicago and WlnMI
peg; cotton opened steady and adj
vanced about II points; French
francs made~a slight gain and Paris
markets were more settled; Call
money, 4 per cent.
The Washington times., 1925-02-17
May Buy Securities.

-A-N@o
Federal Reserve System Il expected
day Of the Federal Reserve Ad.
visory Council with the Federal Re
serve Board. These operations are
likely to be aftuned to foreign ex-
change conditions, particularly the
return Of the pound sterling to par
and the outward movement of gold.
Although q formal report was
submitted 70 the board BY the coun-
ell. no recommendation were made
public, council members maintain.
ing that the proceedings or the
meeting were regarded as confiden.
tial. However, In q short state.
ment announcing the membership
Of the council for 1926, II was gtat-
ed that s'tI1e general conditions in
the country and the open market
operations OF the Federal Reserve
System were the main topics Of
discussion. !"
Since the selling Of securities by
the Federal Reserve banks during
recent weeks have brought the
systems holding down to low
ebb. it is anticipated that a buying
movement win be inaugurated.
There are prospects also that the
character Of the systems opera
lions win show some changes along
the lines Of the purchase Of sterling
bills already tried out. There were
no indications OF any changes In
rediscount rates as a result of the
meeting which was concluded today.
Assistant Secretary Of the Treasury
Dewey met with the. council. as
well as the members Of the Federal
R&serVe Board.
The Washington times., 1925-02-17
MRS. CLIFFORD PlNCHoT is
AGAINST SEX IN POLITICS

ATLANTIC CITY, N. j., Feb. II.
There should be no sex in politics
and therefore no woman's party
Mrs. Clifford Pinchot, wife of Gov,
ernor Pinchot, of Pennsylvania, said
at the Hotel Ambassador here
Governor and Mrs. Pinchot came ia
the shore for the weekend.
When people ask me what WON
en- have done in politics." said Mrs
Pinchot, ~ always reply by asking
how can we tell? There is no way
to check up, and 1t is distasteful to
me to differentiate between men and
women in politics. Men and women
should think Of their responsibilities
at the polls not as men or as WON
ZEN. but as citizens"
Mrs. Pinchot said she was not in
terested In the question OF prohibi
ton, but was solicitous for law en-
fofcement.
The Washington times., 1925-02-17
Local Stocks
FURNISHED by w. b. Hubs a C,
CATTC

FURNISHED by w. b. Hibbs 4 Cod
washington Railway and Elec-
trio As, $4,000
washington Railway and Electric
CON-, 60@1009s.
Commercial National Bank, 100
157.
Riggs National Bank, 1O@3s1.
1O@SS1N, 1881.
Continental Trust Company, 10
@S6, 10@85, 100s5.
National M. & Inv, pfd., 100
AFTER CALL.
washington Gas Light, 10@5S.
Capital Traction Company. 10
washington Gas Light, 1000
Washington Railway and Elec-
trio G. q r. SIS, s33, $2,O00Q101A.
washington Railway and Elec-
trio Is, 81, 0@795s. $500@79A.
Capital Traction, 10@92, 10@e2.
Potomac Electric G. & r.. Is, Al,
81, O00@1075s.
Capital Traction, 30@92.
washington Railway and Electric
pfd., 2@S1N.
washington Gas IS, $6O0@99 z
UNLISTED DEPARTMENT.
Departmental Bank, los.
MONEY.
Call loans, sos per cent.
The Washington times., 1925-02-17
Foreign Exchange
furnished by W. b. Hibbs g Coz :

Montreal funds in New York, t1.75 dis
omit n II moo.
The Washington times., 1925-02-17
Chicago Grain Market

CHICAGO, Feb. 17.-Grains were
sharply lower at the opening today
wheat III to down: corn n down
cats 11S to 2h down.
Opening:
/. Wheat - May 1914 @182h; July
152@152A; September 141@14lN.
Corn-May 1260126A; July 127h @
1913; September 127Q127h.
Oats-May 53@53A; July 5S% %
53h.
The Washington times., 1925-02-17
Citizens Favor Buses

Congress should authorize cxten-
sion of service of local fraction
companies III include bus service,
Ii they already do not have the
right to operate bus lines, the
Randle Highlands Citizens Associa.
ton voted last night.
The Washington times., 1925-02-17
POTOMAC BANK
SHOWS GOOD
GAINS
DEPOSITS Now Over 81. 900.
600, as Compared With
SO, 6z1 Ii 1904
q RrCHARD HATTlN.

BY RICHARD HA4IQN'
Measured by the steady and cub.
ntantial growth 81 the Potomac say
linre bank, located Ct the northwest
corner 81 wisconsin avenue and a
street il Georgetown, that historic
section De the District o. Columbia
and the contiguous counties 0f
Maryland ana Virginia served by
this rapidly growing irlstituticn are
keeping well to the tore IN ~ ss y u.
business prosperity and nealtny oe.
sis TEEN years Of constructive
financial service 60 the people g
GeoreetoWn and surrounding terri.
Tory have made it necessary 1Or the
Potomac Savings Bank 70 enAAkse
IL haIilkinr quarters and Add new
eoufpmeiit and greater tachluee 81
i fhr4e occasions III Is now one OA
the best equipped institutions q sts
i kind 81 the District Ck Column
Organized In 1903:
Tha Potomac savings Bank was
i ofranfzed II 1903 and moved - is
nre16rlf location ii 1909. n less
than ten years the Grow IA o. tne
bank has been 70 extensive tnAs lt
4 has been necessary 70 frAppie kne
a rine 81 It's banking rooms ana To-
Il 100. fhA hank occupies lerge and
Irsoderfllys CONSTRUED build ding which
sIfs credit to the city ana Wnicn
Il monument To the wisdom q
4 the directing policy Of the 1nstitu-
Officials 81 the Potomac Savings
Bank are Justly proud II their
modern safety deposit department.
The vaults of this security section
Il are the last word "a scieiatif lealiy
constructed safety appliances ana
combine every protective 1easune
known TO safety vault onstkucllon'
Tor the exclusive use Of 5ts WON
Il an denoeitOrs and patrons the bank
has installed aides Writing
i Room. furnished III distinctive
fashion and equipped with ah necea-
sary details Of comfort and con.
\ venience.
The remarkable growth d this
Institution can be no more clearly
indicated than by comparison Ct
i It's statements Of deposits II 1904
and today. IN May. 1905 the de.
Il posita were so 631.07s while today
they are wsII over the $1,000. 10000
20. The officials 81 this bank are
" 49, q .ss1,, ~, 49,,
slon D. M s.s, - 49,. 49, s.. $500 Nv
fi1s
poLIcy auose1 80.
@ the g
"a " ~ is+rs
=. q $1,000
lnaL De-lk " 49, 49, - l,.ts.,ss
business enteL 800. 49,
WITH 1ts ~ ..sss... ~
~ ss.l ~
the ROLomac sAya.l .....is. ......,s
the institution ~ ll1 = 1.. ~. 49,. s.
ant. This bank nas aLMays $3.50
to be neighporty ~ serves ~ WI
as In location.
President q, " OlIutE, tng g1ss.
ent head Or the FokQln :. .sa..s.s
Bank, said t0day< lnas IA 1870. :.
and vicinity was only ln ats lnLssl ~
i iii development ana ne rs lns
Il greatest confidence tn the continue
I rapid growth Of this section 01 tne
II District Of COlumbia and the 49,.
4ofnine territory Qf Maryland ana
i VfYainla. of which Georgetown Is
fhn financial center.
- 5000. s.v,re,-
OlAA q. - 3 =. .. G
The Potomac Saylngs E5sEn !. 49, 49,
one Of the nrst - 49, 49, =,
The Washington times., 1925-02-17
CHAPLIN SACKS
HOLD ANNUAL
MEETING
past Year One Of the Best in
History Of Company, Stock
holders Are Told
BY HARRY GUSACK

The Chapin.Sacls Corporation, OF
washington. and its subsidiaries
recently taken over by New York
financial interests headed by Ed.
ward s., Perot, jr., had one OF the
most successful years in its history.
according to the annual report read
to stockholders at q meeting IN
Richmond, Va, today.
Net sales Of the company for the
year ending December 81, 1921,
amounted to Sc, S53, 347.88. while cost
OF sales and expenses. amounted to
1851, 747.26. After Geducting taxes,
making allowances for deprecia.
lions. ETC.. the net addition to sur
plus amounted to $322, 1920.
In comparing the financial con.
dition and results obtained with
that Of 1928, It was stated that the
corporation not only improved its
earning power, but also improved
its current financial position.
During the past year the corpora
ton paid its regular dividend on the
per cent first preferred stock, in
tereSt on it's mortgages and notes
and has called for redemption,
through the sinking fund, the re-
quired amount Of per cent first
preferred stock.
The new management, It was
stated, has taken steps to greatly
reduce both operating ana over
head expenses of the corporation,
and It Is anticipated that the re-
suits from these efforts will be re-
Elected In increased earning power
during 1925.
The Washington times., 1925-02-17
N. Y. Cotton Market

NEW YORK, Feb. 1.-THE cotto
market was firm at the opening to
day with the first prices from 10 to
16 points higher, March opened at
IS points and July at 24.90, up liz
points.