davidaulloa/AmericanStories huggingface dataset:
Evening star., 1925-07-06
MANY GAINS MADE
IN FINAL TRADING
Pools Push Favorites as
Money Eases and Good
Trade News Appears.
BY STUART p. WEST.

Special Dispatch to The Star.
NEW YORK, July 6.-The tendency
of prices on the Stock Exchange today
was still upward, with a number of
new high records, many individual
strong spots and with the volume of
business comparing favorably with
the average of the preceding week.
The features were mostly among high.
priced industrials and shares of the
utility type, but some of the rails were
taken up for a time quite vigorously
and several of the motors were very
strong.
Some of Days Leaders.
Among the high priced industriaIs
the leaders were Mack Trucks. which
made a new high on the usual talk
of capital Spllt-up; American Can,
General Railway Signal and Nash
Motors. which made a full recovery
of last weeks loss. The advance kept
on in Foundation Company. carrying
the stock into new high ground; also
in Cudahy Packing. White Motors,
moving with Mack Trucks, was up
two points on a large turnover. Ward
Baking was in demand, and so were
Montgomery Ward and American
Metals. Warren Brothers was up
another two points.
Without any news from the woolen
industry, the American Woolen
stocks were bid up briskly, the COM
mon crossing 40. Wall Street eX-
planned this rise as the driving lin
of an old short interest rather than
as due TO anything fresh in the in
dustrial situation. Baldwin Locomo-
tive and American Locomotive at one
time were up over point apiece.
There were new high records in
American Ice common and preferred
in Certainteed Products. American
Agricultural preferred, Fleischmann,
Studebaker, Hudson and Manhattan,
McCrory Stores and Robert Refs pre-
ferred. The talk was that the last
named stock was TO be called in.
Studebaker was actively bought on
the reasoning that, having shown
strength enough to go through its
former high. the stock was in a new
forward swing.
Wabash Rail Feature.
Railway shares were not as promi.
f1ent as the industrials. but some of
them were actively bought at vari-
Gus stages Of the day. Missouri Kan.
sasTexas went up points and the
preferred point Kansas City
Southern had a similar rise. Wabash.
above "a, was one of the features.
Large transactions occurred in New
York Central as it reached 11s, where
1t was up over 4 points from the low
Of last week. Atchison drew close to
120 again, but the feature among the
old line dividend payers was Reading,
which, above SO, was up over 2 points.
The specially moves included Ger
tainted Products, which rose to a
new high for the year. Its rise was
in further response to the report that
the Pacific coast plants Of the COM
pany were preparing to put on night
shifts to take care of orders for ma
terials from Santa Barbara.
A number of the rails were being
''bulled" today for special reasons.
There was said to be a possibility of
dividend increases for Baltimore and
Ohio, Southern Railway. St. Louis-San
Francisco and Atchison. Northwest.
ern rails were favored in connection
with the pending Interstate Com
rnerce Commission decision on the
question of increased freight rates.
MARKET CLOSES STRONG.
Evening star., 1925-07-06
New York cotton futures closed very
teady at net advance of l3 TO II nni1ta
New Orleans Quotations.

OPENING; July. 22.95: October, 23.o5: De
% SO: May. 23O7 bid. =
Evening star., 1925-07-06
Condition of Local Banks.
Losses.

In dating the call as of June 80
Controller Mcintosh followed a Gus
tom that has existed for the last
eight years, which facilitates his an
nual report to Congress. which re-
views banks functions of the coun.
try for each fiscal wear.
Evening star., 1925-07-06


Controller Mcintosh followed a Gus
tom that has existed for the last
eight years, which facilitates his an
nual report to Congress. which re-
views banks functions of the coun.
try for each fiscal year.
Final Settlement Made.
Final settlement Of the Govern
ment's account with the American
railway Express Co., growing out of
the guarantee of earnings for the
six months after wartime railroad
control. was made today by the Inter
state Commerce Commission. the total
payments having been S30.0S57sS
The payment authorized TODAY.
which closed the account, was for
81, 2,O10,78S.
40 New Enterprises in June.
The Journal of Commerce today
states that complete returns now
prises. with an authorized capital of
100000 or over. were Incorporated
under the laws of the different States
III June representing a total of
81 1,003,270 600.
This is by far the best monthly
showing since June, 1923, when lob
new companies took out charters,
with combined authorized capital
of S1,403. .336,220
During May Of the current year 71O
new concerns were organized, with an
aggregate authorized capital of $616,-
1885
Since January I 4.571 new enter
prises were chartered, with an author.
lied capital of S4,421, ,383.7S6. During
the same period year ago 1920 COM
panies were formed, with a combined
authorized capital of $4,132 2520,000.
while in the first six months Of 1928
5.239 concerns were incorporated. with
an authorized capital of S4,932 ,604,T20.
Trading on Local Board.
A firm but unchanged level ruled
the Washington Stock Exchange this
morning. Trading was comparatively
restricted. with attention centering on
the popular issues.
Traction stock was weaker at the
opening, but firmed up to 100as in
later selling, while Gas was steady at
6212 on selling of large lots Lanston
was unchanged at IS, as was Mergen-
thaler at 1882. National Mortgage
and Investment preferred was strong
at its prevailing level. 9I2, and Riggs
National changed hands at 353 Bank
of Commerce and Savings stock sold
at 241. this being the issues first ac-
tvity this year.
Evening star., 1925-07-06
LIVE POULTRY UNSETTLED.

Opening July. 22.35: October. 2215. Ne
cenber. % 80: January. % .36: March %. .6s
Evening star., 1925-07-06

fPartly extra. Payable in preferred STOCK.
Dividend rates as given in the above table
are the annual cash payments based on the
latest quarterly half-yearly declsrations.
dividends are net includs1.
Evening star., 1925-03-30
Net6s Cart O,U1,er
Held for .Purking'
Ouer Hour Limit

Is a. newsstand on wheels we
hicle"?
Municipal authorities would like
TO know before they pass on sp-
plications for establishment of ad-
ditional news pushcarts in the
downtown section, and they are
going to ask the courts to decide
the matter
If the court should rule the
carts are vehicles. within the
meaning of the traffic law .heir
owners will be forced to comply
with the parking regulations, in
Guiding the one-hour limit.
The issue, forced, it is under
stood, by would-be competitors of
existing stands, came to a head
today when Louis A. Polumbo of
s17 Eleventh street. in charge of
a news pushcart which has been
fixture on the Eleventh street
side Of The Evening Star Building
for more than 90 years, was ar
rested by Policeman Joseph d.
Harrington of No. l precinct, and
charged with violating the one
hour parking limit. Polumbo was
taken to the station house and re-
leased on $40 collateral.
The action of the police was
taken as means of ending a long
controversy. The issue is now in
the hands of a competent ar
bitrator,, who will take I'D the
matter tomorrow in Police Court.
Evening star., 1925-03-30
MAN SHOT IN FIGHT
WITH BROTHER DIES
Donald Spinks Held for Action of
Coroner's Jury After Two
Shots Prove Fatal.

John Spinks, colored. "A, died at
Emergency Hospital this afternoon
after he had been shot in a quarrel
with his brother, Donald, who is locked
up at the sixth precinct, where he is
held for the action Of the coroner s
jury.
John received two bullet wounds in
his chest and another in the abdomen.
The alteration is said to have taken
place at the Spinks' home, 213 street.
Sergt. Dollhouse and Detective Dowd of
the sixth precinct made the arrest.
Two other colored men were injured
in fights last night. Edward Moss. %,
of 1411 Thirty-fifth street was shot in
the chest by an unidentified negro on
Dumbarton avenue, near Twenty eighth
street. The assailant fed in an auto
mobile. Moss was taken to Georgetown
University Hospital. Edward Thomas,
&c, of 440 O street was stabbed in the
back during fight in front of 429 Neal
place. He was taken to Freedmen S
Hospital. Police are searching for his
assailant
Evening star., 1925-03-30
TRIAL FOR MURDER
IN LOVE ROW OPENS
Purdy Case Crowds Court, Hus-
band Accused of Staying
Wife's Wealthy Suitor.
By the Associa ted Press.

BY the Associated Press
TULSA, Okla March S0:-Long be-
fore the doors to the largest district
court room here were opened today
a crowd was on hand to hear and see
the start of the trial of Charles E.
Purdy, charged with the murder of
e. S. Hutchison, wealthy Tulsa busi-
ness man. Purdy shot Hutchison
January 13 as the latter sat in his
motor car in front of the Tulsa post
office. He charged Hutchison with
usurping the love of Mrs. Helen Paul
Purdy. 26, whom Purdy had divorced.
Hutchison had been freed from his
The day after Hutchison was buried.
Mrs Purdy announced that she and
the slain man were to have been
married She said they planned to
begin life anew in South America.
Purdy, who was minor executive in
an oil company. has been in jail since
he went to the sheriff's office the
night of the shooting and announced
that he bad killed man.
A panel of $50 talesmen had been
summoned for the opening of the
trial. but neither the State nor de-
fense expressed the hope that jury
could be obtained from that number
so widely has the case been discussed.
Hutchison's will, read soon after his
death. left the bulk of 100000 to
Mrs. Purdy, but suits are pending to
permit Hutchison's former wives and
his children to share more fully in
the estate Mrs. Purdy's chief antag-
onists in the division of the estate
are Hutchison's brother, l. l.. Hutchi-
son. a wealthy oil man, and Hutchi-
SONS third wife, who claims she was
divorced through fraud. These two
are expected to figure in the murder
trial.
Evening star., 1925-03-30
COOLIDGE GREETS
CHURCH LEADERS
Receives Group Here to Dis.
cuSs New Congrega-
tional Edifice.

President Coolidge this afternoon
received the members Of the Congre-
gational Conference, which is meeting
here for the purpose of planning a
million-dollar campaign, the funds of
which will be used in the erection of
a new church at Tenth and G. streets
northwest. This is the church which
the President attends.
Rev. Jason Noble Pierce pastor of
the church, headed the delegation
and introduced the members to the
President He said that the building
campaign was not discussed with the
President at this time.
Session to Close Today.
The conference will close a two-day
session today. 1t is composed OF
State supeTntendents of Congrc ga
tional Churches from II States, who
were called here for their individual
opinions on the question of estab-
fishing cathedral type church or
an income-producing institution. A
luncheon was held at the church this
afternoon, with Secretary of the Navy
Wilbur as guest of honor.
Those in the conference are: Dr.
William Gilroy. editor of the Con-
gregationalist, Massachusetts; Dr.. q.
A. Burgess, Rhode Island; DIR. Charles
Harbutt, Maine; DR.. w. A. Tyler Ne
braska: DR.. J. W. Sutherland. Mich
igan; DR.. Ernest Lesher. Minnesota;
DR.. Z. S. Rothrock, Ohio; DR.. A. r.
Atwood, Missouri: DR.. Charles c.
Merrill, Illinois; Dr. c. w. Carroll
Middle Atlantic group, comprising the
District of Columbia. Pennsylvania
New Jersey and Maryland, and Dr. L.
II. Keller, Southeastern group. with
headquarters in Florida.
Evening star., 1925-03-30
FRATERN|T|ES GIVE
LISTS Of MEMBERS
Disclose Names of Boys in
Central and Western in
Banned Groups.

True to their promise four high
school Greek letter fraternities re-
moved their veil of secrecy today and
submitted their membership rosters to
the high school principals. The lists
contain the names of SO boys, % of
whom are students at Central. The
remaining II are at Western
In obedience to the board of educa-
tons anti-fraternity ruling the high
school principals, Immediately i'm
posed the penalty on the students
identified with the secret organiza-
lions by removing them from the Of
hces they held in various approved
student organizations.
Barring of the membership rolls is
but the first step in a carefully plan
ned series of maneuvers by which the
iraternities hope to bring the ban on
the secret organizations to a show
ooWh. Other contemplated action
VIII depend on the outcome of the
Board of Education meeting wednes-
DAY, when Capt. julius !. Peyser will
enoeaVor TO have the anti-frat ternity
ruling abrogated.
Sororfties Still Silent
Dr. Elmer S. Newton, principal OF
western Hight School, said the lists
turned over to him By representatives
or fraternity chapters at his school,
lncluded the names of 10 boys af-
MATED with Gamma Chapter Of Sigma
Delta Fraternity, two members Of
Gamma Sigma, one member of
Alpha Delta Sigma, one member
or Pi Phi and three members of
Gamma Beta. None of the sororities
at western has joined in the demon
stration against the boards ruling al
this school, but DR.. Newton pointed
out that at the beginning of the
school year 20 girls admitted mem
DerShip in unapproved societies.
Or the 22 students at Central whose
names are on the fraternity rolls, IA
are identified with Alpha Chapter Of
Sigma Delta and eight are members
of Pi Phi
Frank Daniel, principal of McKin-
ley, at which school the campaign
against the fraternity ruling had it's
origin, announced that no additional
students had confessed membership
today in the debarred organizations.
The Sigma Delta boys at this school,
he said, were among the first to ad-
nit their membership in the secret
societies, and II there were any others
affiliated with this organization at
his school. they were not known to
him. Officers OF the fraternity, how
ever, have promised to give him
list containing few additional
names.
Evening star., 1925-03-30
SENATORS END PROBE
OF REVENUE BUREAU
Couzens Announces Conclusion Of
Hearings, But Says Tax Cases
Will Still Be Studied.

The special Senate committee in
vestigating the Internal Revenue Bu-
reau concluded its hearings today, but
Chairman Couzens said he would per-
nit the investigators to continue their
work on tax cases until June !, when
the investigation will be formally
closed. -.-
The chairman added he would issue
statements from time to time as the
committees agents submit evidence
and would interpret the meaning of
their findings,
The sessions have all been eXecu
tive. and details OF the evidence and
the eQumittees report will: not be
made public until they are reported
to the Senate at the regular session
beginning in December.
Evening star., 1925-03-30
COMPANY UNION PLAN
UPHELD BY RAIL HEAD
Pennsy Vice President Denies Sc
rious Labor Situation Is
Likely to Develop.
By the Associated Press.

BY the Assoe2ted Press.
PITTSBURGH, March 30.-The
policy OF the Pennsylvania Railroad
Co. to confer with it's workers direct,
and not through the American FEEDER
alton of Labor, was upheld by E. T.
Whittier. vice president of the COM
rany, in an address last night before
several hundred engineers and their
wives in a joint Sunday union meet
ig OF the Brotherhood Of Locomotive
Engineers of the Pennsylvania, Bal
timore and Ohio and Lake Erie roads
Mr.. Whittier characterized as incor-
rect a rumor that an acute situa-
tion would develop in labor circles on
the Pennsylvania road because of the
recent decision Of the Supreme Court
that rail lines need not recognize
labor organizations in his company's
systems. The speaker said the time
would come when there would be no
sympathetic strikes on railroads.
H. p. Daugherty of Cleveland, vice
president OF the Brotherhood Of Loco
motive Engineers, another speaker
refuted a statement by Whittier that
the organizations publications were
attacking the Pennsylvania system
and said it was to be regretted that
any railroad should need criticism
He closed with verifcation Of Mr.
Writers assertion that employees of
the Pennsylvania are treated 20 per
cent better than those Of other roads
Evening star., 1925-03-30

We were sitting in the office of
the editor of the Dearborn hide
pendent. 1t happened that on this
day the Army flyers were expected
there to dedicate the new Ford Flying
Field, II miles outside of Detroit and
just across from the Ford automobile
plant at Dearborn. While we were
talking the hum of the engines over
head attracted our attention. Going
to the window, we saw the leader and
IS other planes arriving in battle
formation. We stood there at the
window.
over there" said Mr.. Ford, II have
aid out 500 acres for a new flying
field. 1t is level and close to Detroit.
1t should make an excellent landing
place. But / can make 1t 1,2O0 acres,
or 1900 acres. if necessary
Interested i'm Aviation.
OF late Mr. Ford has become in
tensely interested in the whole prob
lem of aviation. Across the way, on
the flying field, during the past few
months, there has been erected a
small factory for the building of a
certain type of airplane. The directors
of this new manufacturing organiza-
tion include some of the most able
business men in the country. The
names of Edsel Ford and Mr.. Mayo,
chief engineer of the Ford Motor Co.
appear on the list. Is Mr.. Ford be-
coming interested in the new science
of aircraft? Some people who know
the working of Mr.. Ford's mind be-
lieve that he is.
But Mr.. Ford was not talking about
the airplane DEVELOPMENT then. AS
we continued to look at the landings
of the Army men, Mr. Ford, looking
out of the window, continued in his
fluent way.
Against Class Favor.
'No financial system is good which
favors one class or producers over
another" he said. Il think produc-
ton has become SO changed in its
methods that gold is not the best
medium with which it can be meas
ured, and the gold standard as
control of credit, as il is now admin
istered, gives class advantage. Why?
Because now the check on credit is
the amount of gold in the country,
regardless OF the amount of wealth
in the country. You understand ! am
not a soft-money advocate. Neither
are the people of this country. on
the contrary, the people have always
been on the side of sound money"
Mr.. Ford, just what DO you mean
by sound money"
Money Part of Transportation.
Money. is part OF our transporta-
tion system. 1t is a simple and direct
agency used for conveying goods
from one person to another. Sound
money is essential TO both industry
and to progress.
But money as a medium of ex-
change must not f1uctuate in value.
a foot is always IL inches. but when
is a dollar a dollar? If the ton
weights changed in the coal yard
and the peck measures changed in
the grocery and the yardsticks were
AZ inches today and 80 inches to-
the people would soon make
them sound and reliable and honest
again. Just so. Now, when a hun
dred-cent dollar becomes worth a
sixty five-cent dollar and then a
dollar, as the gold
and silver ones apparently do, some
thing is radically wrong somewhere.
gold standard or no gold standard.
A dollar that stays a hundred cents
is as necessary as a pound that stays
l6 ounces and a yard that stays Sc
inches.
Understand me, l am not agains: |
sound money. l am in favor of it, |
but the mechanism of money today
Evening star., 1925-03-30
EARTH RADIO WAVE
GOES 5000 MILES
Underground Transmission
System Is Proved by
HyattsviIIe Man.

After tests carried on for two
months, DR.. James Harris Rogers, in
ventor, of Hyattsville, Md, announced
today that he succeeded Saturday
night in, broadcasting as far as the
Paclnc coast. more than 1900 miles.
with his underground radio transmit
ting apparatus. A telegram from w.
j. Mutt of the signal station yCZ, Los
Angeles, saying the signals were
coming in finely" climaXed his efforts.
Previous to the tests conducted last
week. DIR. Rogers had been able to
transmit messages from his under
ground antenna only as far West as
Kansas and Greenville, Tex. distances
Of 1900 and 1900 miles. DR.. Rogers
also succeeded last week in broad
casting as far West as Albuquerque,
y. Mex.
The inventor now plans laying a 600
foot antenna cable, with which he
hopes to do transatlantic broadcasting.
Tests Will be started as soon as the
cable is laid.
Is Pioneer i'm Field.
DR.. Rogers is a pioneer inventor in
the field of underground and under
sea radio transmission. The results
he has obtained thus far, he said, es
tabliSh the truth of his theory that
long distance radio waves travel bet
ter through the earth than through
the ether.
The epoch making tests We're car
ried on with three 50-watt tubes and
on a iS0-meter wave band. This is
much less, he pointed out, than the
electric energy employed by aerial sta
tions in transcontinental broadcasting.
The transmitting apparatus useG
by DR.. Rogers in the tests consists
of four cables, each so feet long. laid
three feet underground and arranged
similarly to the Spokes of a wheel
pointing North, West, East and South.
These cables are made of terra Gotta
piping, Is inches in diameter. In their
center runs copper tubing three
quarters of an inch thick and packed
in an insulation of glass. The radio
waves are sent on their journey
the ground from the cables.
When bros dcasting is toward a
Western point, is on Saturday night,
the Western cable is used; for a
Southwark point he uses South
ward pointing cable, etc