davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-12-23
EVERYMAN'S
INVESTMENTS
Ry GEORGE T. HUGHES,
Switzerland Dollar Bonds.


With the one exception of Great
Britain no other nation in Europe has
a higher credit standing than Switz-
erland.
The price which the dollar bonds
of the Swiss republic bring in the
New York market is ample proof of
this fact. They all sell on a to 51a
per cent basis, compared with 4.a0
per cent basis the United Kingdom
SIPS of 1887, the active British issue.
bring. In fact there is one Swiss
bond, the 5Ias of 1929, which sell on
a less than a per cent basis. This,
however, is q short-term issue and is
not listed on the Stock Exchange,
dealings being carried on in the Curb
Market. The other two dollar obliga-
lions of the government of Switzer.
land are the SIS, due July /, 1910, and
the 51as, due April l, 1916.
The per cent bonds were sold in
July, 1920. in a time of very high
money rates and before there had
been any material recovery from war
conditions. For although Switzerland
was not actively engaged on either
side she was put to enormous ex-
pense to maintain her neutrality.
Now these per cent bonds are call
able July 1, 1880, at los, and it is al
most certain. that they will be retired
at that time. This fact must be taken
account of when estimating the Weld.
For example, if a Swiss YVES pur.
chased January /. 1926. at III, and
called July l. 1880, at 105, it would
return the investor almost exactly 5
per cent The 51as which sell at a
premium of around three points are
cal!able at par April /, 1884. Bought
ILL
little over per cent, assuming they
were retired at the first possible date
1t is, of course, not SO sure that the
515s will not run until maturity, but
in any case the return would not be
much over SIS per cent. Investors
who are satisfied with these yields
and do not object to the comparatively
short maturity need have no concern
over security If they put their money
in Swiss bonds.
tCopyright. 1882
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-12-23
CRUDE OIL OUTPUT
DROPS DURING WEEK

NEW YORK. December IS P).-
The daily average gross crude oil pro-
duction in the United States decrea sed
il 300 barrels for the week ending De.
cember 10. totaling 2,016.150 barrels.
according TO the weekly summary of
the American Petroleum Institute The
daily average production of Smackover
Arkansas heavy oil field decreased A.
40 barrels. The daily average pro-
duction in the United States exclud-
ing Smackover heavy. decreased 1850
barrels. The daily average production
east of California was 1883 $50 bar
rels. decrease of II 900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-12-23
DEFINITE OFFER MADE
FOR TOBACCO CONTROL

NEW YORK - December - GP.-
the scramble of American tobacco in
terests for the French tobacco monop-
oily took definite form Yesterday when
II was announced in Paris that repre-
sentatives of David A Schultz had
submitted a specific offer for the con
cession. Similar proposals. it is un-
derstood. will be laid before the
French government by the America n
Tobacco Co. and the United Cigar
StoreSTo.
While Mr.. Schultz declined to COM
ment on his plans. it was reported that
his offer involved suggestions for
financing the deal through the aid of
a strong banking syndicate headed
by Dillon. Read & Co.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-12-23
DEMAND is GOOD
FOR HOLIDAY WARES

speGal Dispatch TO The star
NEW YORK, December 23.-Hard-
ware Age says:
The demand for holiday merchan-
disc continues active. according to re-
ports from the various market centers
The last minute rush for Christmas
goods has not, As might be expected
seriously curtailed the demand for
staple lines, and sales on these are
holding up in a surprising manner.
particularly in New York.
Collections are characterized as
satisfactory and prices are firm. in
some cases tending towards higher
levels"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-12-23
BACK DIVIDENDS VOTED,

NEW YORK. December % P.-
The board of directors of the Maine
Central Railroad Co has declared
dividends of $50 per share on pre-
ferred stock payable January Is to
holders of stock of record January
2. 1926. This payment applies wholly
to deferred dividends and leaves un-
paid only $3.50 per share of the divi.
dends accumulated prior to December
], 1924.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-12-23
DAIRY PRODUCTS.

BALTIMORE, December IS (Spe-
cisD-Live poultry-Spring chickens.
pound, 20a30; Leghorns, 2Oa26: Minor
cas-, 2Oa22; old hens, 20a2S: ROSTERS.
16a18; old Leghorns, 20a23: ducks, 20
a2S; geese, 20a26: young turkeys, 4Sa50:
old, 35a46: poor and crooked breasts,
30a35; pigeons, pair. 25a30; guinea
fowls, each, 35aSO. Dressed poultry
Turkeys, young, 50a55; old, 35a5O;
chickens, young, 30a32; old, 26a28;
ducks, 25a30; geese, 22a3o.
Eggs-Receipts. 529 cases; native
and nearby. firsts, dozen, offered, 46a47.
Rutter-Good to fancy creamery,
pound, 46a50; prints. 50a52: ladies',
35a57: store packed. 30 dairy prints,
2oa35; process butter, 43a44; rolls,
3oa35.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-12-23
NET INCOME GAINS.

NEW YORK. December % Lf).-The
consolidated statement Of the Amer
tcan Light and Traction Co for the u
months ended November 50 shows net
income of s1.OS4.l46, IS compared with
1853. fit IN the previous Il months.
The balance of e6.229.a74. available
for the common stock after preferred
dividends, is equivalent to s17.9l a
share on the common stock. as against
1880 a share the year before.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-12-23
NEW ISSUES OUT TODAY.

NEW YORK, December % Gp).-New
bond and stock offerings today total
about S35, 900 900. the largest being An
issue of S15,00O.00O participating pre-.
ferred stock of the Swedish America n
Corporation at 80 a share An issue
of S9.575,000 refundinc mortgage 5 per
cent bonds of the Nickel Plate sys.
tenn also was offered AT 80 and accrued
interest
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-12-23
NEW CONCERN FORMED

NEW YORK. December IS P-
Incorporation Of the Gravbar Electric
Co, with a capital stock of SIS 900 900.
to take wore the electrical supply bust
ness of the Western Electric Co. was
announced yesterday. All of the stock
OF the new company is owned by the
Western Electric Co, which will be
confined to the manufacture of tele.
phones
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-12-23
RAILROAD TRAVEL
CAUSES SURPRISE
Passenger Traffic Proves
Heavier Than Ever-Gives
Revenues Big Boost.
BY J. G. ROYIE.
Snn,l1i plspatch 10 The Star.

S""1ai Dispatch 10 The star
NEW YORK. December o.
Reports received from various sec
ti"nS today indicate that passenger
traffic ON many of the class / rail
r"ids has been heavier than ever be
f"rc this year. BY January ] the to-
tai revenue from this source will
~ "'ahlN show gain paralleling that
mao" IN the hauling of freight.
Some of the Northwestern roads.
seeking more revenue. have found
u IN their own back yards. Their
success in attracting tourist travel is
indicated by ticket valuations at
points where travellers begin their
homeward journeys. Valuations on
the Pacific coast from MAJ Is To Dc
tohcr 81. the tourist season, numbered
1858. an increase of 3d. 61. or %
per cent over those of the correspond
ing period of 1924. These were all
long haul" tickets. most of them
from points east of the Mississippi.
Heavy Gains in West.
The increase at Seattle totaled
hS.S5, a Portland 35.52 al San Fran
cisco 24.76 and at Los Angeles.
23.1S per cent. according to the
Transcontinental Passenger Associa-
ton Railroad officials frankly credit
the gain in travel through the Pacific
Northwest to the joint advertising
campaign of the Chica go Burlington
end Quincy. the Great Northern and
Northern Pacific systems. This adj
vertising has been directed toward at
tracing homeSeekerS and capital as
well as tourists. 1t has stressed
cheap hydro electric power. low build
ing costs, owing to close lumber sup
ply and business prospects. as well
rs climatic and scenic advantages
Another factor in the increase in
the West has been the escorted
tours" embracing Colorado points and
the Yellowstone and Glacier National
Parks This was not new idea, but
effectively presented and capably
managed, it seemed to fill a genuine
public need.
Specializing in Tours
The three roads which utilized this
method did more than twice as much
business as expected and special
trains had TO he provided to accom-
modate hundreds of extra passengers.
One road asked its patrons TO fill
ont a brief QUESTIONABLE in an effort
IN find out why people travel and
how they like to travel and help
IN organizing future tours. The
answers showed that more than half
ot the passengers would not have
taken the trips if the tours had not
been personally conducted and that
freedom from responsibility" was
one of the great attractions Other
factors mentioned were The knowl-
edge of the extra cost of the trip in
advance and the social life which
the party foStered
These facts have determined the
roads in question and others to
specialize in tours of the personally
conducted type on a larger scale in
1926, using busses extensively for side
trips or fer Interesting scenic por-
tions Of the main journey
tCopyright 1925
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-12-23
LIFE INSURANCE ROOMs.

NEW YORK. December % (P).-
Sales Of ordinary life insurance in the
United States for the month of Novem.
her totaled S637 .023 900 Of insurance
an increase of 500, 900 900. or II per
cent. above November. 1924. according
TO the Life Insurance Sales Research
Bureau of Hartford.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-12-23
Bonds and Stocks
Gaining in Favor
As Holiday Gifts
BY the Associated Press.

UTE AssUCfdteu FTtSE.
NEW YORK, December %
Wall street brokers report that the
sale of bonds Of 800 and $500 de-
nomination this month is nearly
double that of last year, due to un-
usually heavy purchases of such
securities for distribution as Christ
mas gifts. Odd-lot dealers in stocks
also report d heavy sale Of small
blocks of stocks for the same pur-
pose.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-12-23

Hundreds of families In Eastern
Canada. formerly using American an
Ihrscite, are nGS burning coke.
The Lambertville record. [volume] (Lambertville, N.J.) 1872-1968, 1925-06-11

Miss Naomi Kitchener, of Wy
combe, is spending a few days with
her grand parents, Mr.. and Mrs.
E. ]. Paine.
William Hellyer, who has been in
disposed for several months was
worse last week.
Mr.. and Mrs. James King and
son, Sylvannus, Mr.. and Mrs. Wat
son Sine and children, Violet, Sara.
and Harry motored to Asbury Park,
N. j., Sunday.
Leon Sine is spending his vaca-
ton with his grandmother, Mrs,
Eli Fisher, at Chestnut Grove.
Mr.. and Mrs. w. Harry Watson,
of Doylestown, spent Sunday even
ing with their father, jerks G..
Watson.
Mrs. Lydia Fenton is on the sick
list this week.
Sylvannus Barron and James
King were transacting business at
Easton on Thursday.
Oliver Bickel purchased an Over
land touring car last week.
Mr.. and Mrs. Jesse Smith of
Sandy Ridge, N. j., are spending
some time with the latter's par
ents, Mr.. and Mrs. Carey Black.
William Hopkins, of Atlantic City,
was calling on friends here last
week.
Rev. and Mrs. Lindsay F. John
son entertained number of friends
from Newark and Irvington, N. J.
at dinner on Thursday.
The Lambertville record. [volume] (Lambertville, N.J.) 1872-1968, 1925-06-11
SOLEBURY
TOWNSHIP
NEWS
CARVERSVILLE
Continued from first page)

Mr.. and Mrs. John Shupe motored
to Morrisville Sunday and spent the
day with their son, Clarence and
family.
Quite a number of people from
this vicinity attended the Pomona
Grange No. % held in Penns Park
NJ. E. Church, on Wednesday.
Mr.. and Mrs. Harvey C. Price,
Howard Price, Cleta l.. Price, How
ard w. Flack Jr., Belle Thatcher,
Mr.. and Mrs. Frank H. Rice, John
Rice, Clara Rice, Ida Stevenson, Mrs.
Neal Hamilton, Mr.. and Mrs. Lewis
G. Rice, Laura Rice, Mr.. and Mrs.
Harry l.. Sommerer, John, Harvey
and Virginia Sommerer, of Logan,
composed motor party, who spent
Sunday at Memorial Park, Sch
Mrs. Harvey C. Price, Charles
Price, Cleta L. Price, Mr.. and Mrs.
Harry Vasey and Ruth Vasey, at
tended the Buckingham Farmers
Club at the home of Mr.. and Mrs.
Robert H. Clarendon, Pineville, on
Mr.. and Mrs. Albert H. Massey,
Laura B. Vasey, A. Harvey Massey,
attended the Solebury Farmers
Club at the home of Mr.. and Mrs.
William Tinsman, Lumberville, on
Saturday night.
Miss Tile Bickel and Miss Esther
l.. B. Keller and friend, of Doy-
lestown, spent Wednesday evening
with the formers brother, Oliver
Bickel and family.
Mr.. and Mrs. Sylvannus Barron
recently entertained Mr.. and Mrs.
Roland Kuglar, of Bayonne, N. j.,
Mrs. Frank Kuglar, of South Plain
field, N. j., and Mr.. and Mrs. Ed
ward Meyers, of Somerville, N. j.
Mr.. and Mrs. Leartus Randall
entertained at dinner on Friday, Mrs.
Phineas Slack, of Mount Vernon, N.
Y, and Mrs. Alonzo Walton, and
Mrs. Harvey F. Funk, of this place.
Miss Annie Walton, of Philadel-
phia, spent last week at the home
of Mr.. and Mrs. Isaiah Closson.
Mrs. George Benner spent Thurs
day night and Friday, at Lahaska
with her mother, Mrs. Rachel Kerr.
Horace Brown, of Reading, was
calling on old friends in the vii
lage Wednesday.
Mr.. and Mrs. Watson Sine and
SptHt poeuipo
with relatives at Lambertville.
Mr.. and Mrs. Eugene Hillpot visit
ed their mother. Mrs. Minnie Vol.
finger, at Dyerstown, Miss. Mildred
Hillpot who had been spending some
time with her grandmother, returned
home with them.
Samuel Doan, of Mechanicsville,
visited his aunt, Mrs. Lydia Fenton,
on Sunday.
Mr.. and Mrs. Earnest Price visit
ed relatives at Gardenville Sunday.
Mr.. and Mrs. Harry Parks, of
Philadelphia, were recent guests of
Mr.. and. Mrs. Willis Neeld.
Miss Helen Vasey, of Mechanics
vile, spent Sunday with her friend,
Miss Dorothy Lake.
DR.. Gene G. Banker, Miss Anna
Bailey and Miss Jones of German
town spent Sunday at their cot
tage.
Phineas Slack, of Mount Vernon,
N. Y. arrived at the Walton home
where Mrs. Slack has been spending
some time.
Quite a number from this local
ity attended the meeting of the
Carversville Grange Saturday even
ing at the home of Mr.. and Mrs.
William Tinsman, Lumberville.
The Lambertville record. [volume] (Lambertville, N.J.) 1872-1968, 1925-06-11

Mr.. and Mrs. Harry Nixson, of
Irvington, N. j. are being enter
tanned at the home of Mrs. Eliza
beth Hagen.
Miss Annie Walton, of Philadel-
phia, spent Friday evening with
Miss Helen Watson.
Miss Belle Thatcher, teacher in
the Langhorne high school, has re-
turned to her home for the summer
vacation.
Mr.. and Mrs. Harvey C. Price,
and Miss Cleta L. Price were re-
cent guests of Mrs. Henry G.
Meyers, at Mechanicsville.
Mr.. and Mrs. Irwin Sine and
daughter, Irene, and Ramsey Grooms
visited the latter's wife, Mrs,
Grooms at the Abingdon Memorial
Hospital Sunday. They found her
improving nicely but still unable
to leave the hospital.
Winfield Curtis and children, of
Lambertville, were Sunday guests of
the Foster family.
Mr.. and Mrs. Newton Beck and
daughter, Mildred, were Sunday
guests of Mr.. and Mrs. Leartes Ran
dali.
Mrs. Dewitt Burglar entertained
Mrs. Jennie Evans, of Kintnersville,
one day last week.
Mr., and Mrs. Aaron Overpeck and
son Harvey and Clarence, motored
to Souderton, Saturday and spent
the weekend with the formers
brother, Edward Overpeck Jr. and
family.
The Community Club held their
monthly business meeting on We'd
nesday evening. Routine business
was transacted They also received
two new members. A pool table
has recently been installed in the
club rooms.
Children's day will be observed in
the Presbyterian Church on Sum-
day, June 18th.
The quarterly business meeting
and social of the Bible Class and
Home Department, of the Presby-
terrain Church, will be held at the
home of Mr.. and Mrs. |. w. Clos
son on Thursday evening June 18th.
An entertainment consisting of
readings, and music, vocal and in
strumental, under the direction of
Mrs. Harry S. Parks, of Philadel-
phia, assisted by Miss Blanche Hub
bard, harpist; Miss Irene Hubbard,
cello; Mrs. Stockley, reader; and
Mrs. Grace Piper; piano; at the
Christian Church, Carversville, on
Saturday evening, June 18th, stand
ard time, for the benefit of the
Carversville Christian Orphanage.
Mr.. and Mrs. Thornton Carver
and children, of Holicong, spent
Saturday evening with the formers
mother, Mrs. Eliza Carver.
Mr.. and Mrs. Harvey j. Funk,
of Lumberville, were recent guests
at the home of Edwin II. Funk.
Mr.. and Mrs. Edward Culbert and
Jacob Bishop, of Lawndale, visited
DR.. John H. Bishop and Mr.. and
Mrs. H. F. Funk, Sunday.
Mr.. and Mrs. George Foster visit
ed relatives at Lumberville, Sunday.
The Junior Christian Endeavor, of
the Christian Church held their
picnic at the home of Mr.. and
Mrs. Howard Magill ON Wednesday
Mr.. and Mrs. Russell Shupe, of
Solebury visited relatives here Sun
day.
Rev. Lindsay F. johnson spent a
couple days last week with friends
at Irvington, N. Y.
Horace Selner is having an acety-
lene light plant installed in his
home.
Mrs. George Benner is suffering
with an infected arm caused by an
insect bite. Miss Beckie Hellyer is
also suffering with an infected fin
ger, which she recently cut on n
tin can.
Mr.. and Mrs. Frank King, of
Philadelphia, visited relatives here
Sunday.
Ernest Hansell, of Doylestown
spent the weekend with his father
William Hansell
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1925-01-30
RUM DOOR HELD
SUFFICIENT
FOR RAID
U. S. Commissioner at Ha-
geSstown Rules Smelling Still
Is Same as Seeing One

HAGERSTOWN, Md. Jan. 30
The olfactory nerve OF a prohibition
agent is as good as a search war
rant. In other words, prohibition
agents who smell whiskey, mash, or
other ingredients used in the man.
ufacture of liquor while passing a
house may enter the house and
seize the goods.
So ruled United States Commits
sioner A. r. Hagner. here yester-
day afternoon in holding Elmer Fer
guson and Thomas McAfee for the
action of the Federal grand jury on
charges of possessing liquor. The
men claimed that their constitu-
tional rights were violated when
two prohibition agents, without a
search warrant, entered Ferguson s
home in the county and seized
moonshining ,paraphernalia resulting
in their arrest.
Commissioner Hagner held that
while the prohibition agents had
violated the fourth and fifth amend
ments to the Constitution in enter.
ing Ferguson's house without a
search warrant, they were within
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1925-01-30
Al EssANDRIs SUPPORTERS
IN. NEW CHILEAN CABINET

A new cabinet, composed chiefly
of supporters Of President Ales-
sandri, has just been formed in
Chile, according to dispatches re-
ceived by the State Department to-
day from Ambassador Collier at
Santiago.
The new cabinet contains no rep
resentative OF the National Union,
the conservative bloc, nor of the
radical or democratic parties, which
formed the bulk Of the bloc which
elected President Alessandri.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1925-01-30

their rights when they detected the
odor of mash or liquor.
He said:
I'VE have the power Of sight
also the power Of smell. II an Of
ficer passing near q private dwell
ing sees therein a still set up and
in operation 1t is his duty to enter
although 1t is q private residence
and he has no search warrant. The
sense of smell Is just az keen as the
sight Of the eve. The evidence in
this case shows the Government
agents detected the odor on APP
preaching the dwelling and knew
from their long experience just
what was going on in the house.
From that knowledge they entered
the house without search war.
rant and. therefore, were within
their rights"
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1925-01-30

which will precede the time when
maximum payments are called for,
will give Germany time to establish
a sufficiently firm foundation to
meet the requirements of her cred
itors
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1925-01-30
GERMAN CREDIT.
IMP ROVES
HERE
Over 5000, 900, 900 Loaned to
Industrial Concerns and
More to Be Floated

Germany's economic comeback is
undergoing close study by several
Government departments, chiefly
to determine the permanency of
her Mewly established credit rating
and the competitive power of the
nation in world commerce.
This was made known today in
connection with the information
that in addition to $40. 600. 900
loaned to the government by Amer.
lean bankers, private industrial and
commercial corporations have bof-
rowed in excess Of $500, 100000 in
New York during the last six
months.
A number of important indus
trial loans are contemplated within
the next few months. 1t was agreed
that confidence has been restored
her place in the economic world.
Supply To Continue.
Officials said that conditions in
Germany have warranted the ex-
port of a considerable volume of
wealth to that country and that as
long as Germany keeps faith in
the observation of her international
agreements, capitalists of the United
States will continue to furnish a
liberal supply Of cash for further
Development.
There Is a decided difference OF
opinion, however, as to Germany
competitiva-ability Prices and pro
duction costs in Germany are high
and some officials feel that it will
be many years before German-made
products will prove a dangerous
Great BRIAN in world markets.
Information has reached officials
that Germany is making rapid
strides in establishment of com
mercial connections abroad, and
that a high degree of efficiency is
being employed in German indus
try in the effort to reach pre-wbLr
price levels of exports.
Nation ''On Trial.
Officials asserted that Germany
is on trial" Although early results
indicate the success Of her rehabili-
tation the real test, it was stated
will no come until the German
government begins payment of the
maximum PREPARATIONS awards and
heavy interest on her private Dor.
roWings.
Experts are awaiting. with in.
terest to note how German cur
rency will Withstand the large
transfer of funds necessary with
maximum reparations payments.
Belief was expressed, however, that
a few years of semi-moratorium
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1925-01-30
D. c. ARCHITECTS WILL
1 MEET AT COSMOS CLUB

The Washington chapter of the
American Institute of Architects
will meet in the assembly hall Of
the Cosmos Club next Tuesday at
o'clock. The chapter will con-
duct symposium. on How the Cost
Of Heating Home May Be Re.
duced." Principal speaker will be
D., Knickerbacker Boyd, of Phila-
delphia., nationally known architect.
Other speakers will be Albert
Kelsey, former president of the
Architectural League OF America;
C. A. Connell, and Edward w.
Parker, director of the Anthracite
Bureau of Information. The meet
ing is being arranged by Snowden
Ashford, Louis JustAment and A.
L. Harris.