davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-21
WHEAT PRICE EASIER
ON FOREIGN. CABLES


CHICAGO. June 21.-Wheat values
took an early swing down grade here
today largely in sympathy with the
easiness in the Liverpool market and
on local and commission house pres.
sure. little attention being given by
the trade to reported rains in the
Southwest. After starting at un-
changed figures to "a off. wheat
values here underwent a further de.
cline all around. Corn and oats fol.
lowed in the wake of wheat and on
prospects of better weather over the
corn belt. that cereal starting at the
same as Saturdays close to 81 down.
and then suffering general add.
t1onal setback. Provisions were in.
huenced by the weakness in grains
Trade in wheat was limited AT the
outset. Many OF the traders were
missing when the first gong sounded
because of traffic congestion in the
downtown and surrounding districts
Thousa nds of persons irving to reach
Soldiers Field on the lake front. where
the Eucharistic Congress ceremonies
were being held, DELAYED brokers
who came struggling into the nits
some time after the market opened
Weakness of the Liverpool ma rket
was reflected on this side of the Al,
iantlc. The market there was affected
ny reports of larger world shipments
ana an Increase of the amount Of
wheat on ocean passage.
There was some fair selling ~ tho
start by houses with Eastern connec.
tlons. The market found s1nnor+
lacking and the decline was easily
attained. easily
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-21
PRICES ARE FIRM
IN BOND MARKET.
Quiet Strength Displayed in
Dealings Today-Two Big
Issues Marketed.
by GEORGE T. HUGHES.
ial Dispatch to The Star

Special Dispatch to The Star
NEW YORK, June 21.-Quiet
strength characterized dealings In
bonds at the start of the week. The
volume of trading was not heavy, but
prices were firm. Perhaps the most
significant event of the day was the
prompt sale Of two new public utility
mortgage bonds with Az per cent
coupons, making four in all with SO
low rate to be marketed since the
war 1t was a striking Vmmentary
on the strength of the investment de
mand that these low-yielding bonds
50 900 900 Cumberland County Power
and Light AIS on a 4.85 per cent
basis and $685. 900 Ohio Power ANS
on a 4.95 per cent basis, should be Sc
we'll taken. That the earlier az per
cent utility issues had been well d!s'
tributed in evidenced by the fact that
the New England Telephone and Tele
graph sold today within Is OF point
of the offering price.
Foreign bonds again ABSORBED
large proportion of trading interest.
German industrial and municipal
descriptions were nearly all strong,
with the Rhine Elbe Is making new
high record. acknowledgements Is
ran up nearly q point and there was
active b,,vinE Of German General
Electroc 61.s. City of Greater Prague
715s at par were at a new high price
and the Japanese bonds held their
gains of the week before.
French issues, on the other hand
f1uctuated uncertainty, but over
small range, and Italian IS. aitel
duplicating their record low OF 1872
rallied fractionally. Mexican bonds
were strong on the approach OF July
|. when the first interest payment
will be made covering part or the
arrears. J.
In United States Government Is
sues the feature was another ne"
high for the year in the tax-exempt
as The general list of first-grade
railroad mortgages was little changed.
although Chicago. Burlington and
Quincy IS at 105 duplicated their best
previous price.
Oil bonds were in good demand.
Sinclair si1s crossing "a made a ne"
ton. while the Ia duplicated their pest
nreyious price at 98ia. buying in both
instances being based on the hlsh
investment yield. Sinclair Is also
were higher. ~
In the local fractions the feature
was the advance Of point IN miro
Avenue adjustments. The road Is
doing the largest gross business In
it's history and earning all interest.
including that on the adjustment
bonds International Telephone and
Telegraph SIS dipped below l09 Tor
the first time since the announcement
was made of an additional offer OF
stock. but later rallied. Some OF the
sugar, bonds did better. among them
Cuba Cane Is.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-21
COTTON |SLOWER
IN TRADING TODAY
Week End Weather and Crop
AdviCes Are Factors in
the Decline.


NEW YORK. June 21.--Cotton flu
lures opened steady. July. 17.75; DC
tober, 1851; December, 1910; January
1884; March, 1916. The market was
lower in today's early trading on re
newed liquidation, Southern and local
selling which appeared to be due to
easier Liverpool cables and generally
favorable Interpretation of over Sun.
day weather and crop advices
The opening was steady at a decline
of to - points. July soon sold off
to 1857 and December to 1888; net
losses of about 16 to % points on the
general list. There was some trade
pricing at the decline as well as profit
taking by recent sellers, but the mar
ket was within point or two Of the
lowest around II O'Clock.
Private cables said that Liverpool
was lower under liquidation and sell.
ing on favorable weather reports.
Reports received here from Houston
SAID the first bale of the new crop had
reached the market there on Saturday
and would be sold at auction.
The declines extended to 1856 for
July and 1925 for October following
publication Of the Eastern belt fore.
cast. or about. II TO 26 points net
lower on the general list A little more
trace buying appeared to develop
around the 1914 cent level for early
new crop deliveries, however, and
there was also some covering later.
Prices steadied up 4 or points from
the lowest in consequence, and the
market was quiet at midday.
New Orleans Quotations.
NEW ORLEANS June 81 fP)-
Cotton futures opened steady Jan
uary, 1906; March. 09 bid: July,
1907; October, 1903: December. 1905
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-21
ADVANCE IS bOLDER
IN STOCK MARKET
Public Element Is Playing
More of Part in Rise in
Today's Trading.
By STUART r. WEST.

Special Dispatch to The Star.
NEW YORK, June 21.-The course
of the stock market today plainly
enough fitted in with the idea that
Wall Street was in the midst of a
forward swing. which began month
and half ago.
Nothing happened over the week
end of sufficient importance to in
f1uence the movement of prices. But
there We're two features which show
ed clearly from the beginning OF
business.
One was that owners of investment
capital. anxious to employ their funds
saw that the highest class securities
were selling at what were almost
prohibitive figures. Therefore they
were willing to so into stocks and
bonds of a more speculative rank.
Public Coming In.
The other feature was that the
public had seen prices going up per
sistently for a month. that it had
been coming in again cautiously. but
that finally the spectacle of continual
advance had proved too much. Today
the outside element grew holder. IL
played more of part in the market
than on any day since January.
Predictions that rail shares and oils
would lead a fresh advance were borne
out Denial of the merger rumors,
which had put Union OIL of Califor-
mia up last week. caused sharp re-
action in that stock. which was AFTER
ward partly made up. But this was
an exception. California Petroleum.
Mariand, Phillips Petroleum, General
Asphalt. Pan,American Is and Pure
Oil were strong.
An1pnc- the rails there were several
notable features. One was a new high
record for Canadian Pacific. Another
was a jump in Delaware and Hudson.
Every time this stock shoots forward
there is talk about the Delaware and
Hudson stockholders getting their
equity out of the coal properties.
Stocks of the carriers traversinS the
Northwestern States were in demand.
for no reason except that they have
record of higher dividends behind
them and are reasonably sure of their
present rates. Great Northern pre-
forred and Chicago Northwestern were
especially strong. New York Central
ran up nearly a point. and so did Read
ing. Union Pacific was higher.
Wabasi, Issue Strong.
Kansas City Southern got up point
and a half or so. The Wabash issues
were strong again. and so were St.
Louis, San Francisco. Missouri Pacific
and Rock Island. Lehigh Valley at one
time was up nearl. points.
In the railway equipment section
American Locomotive made a further
gain of nearly points. Baldwin Loco
motive sold above its best Of last week.
There were further advances in Gen.
eral Railway Signal, Westinghouse Air
Brake and Pullman. The buying move
ment continued in Postum Cereal and
in Allied Chemical. American Smelt-
ing, American Can, Corn Products and
Pathe A all did better, the last-named
up over points.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-21
FOREIGN EXCHANGE.
Quotations furnished by w. B. Hihhs 4 Coz
Nominal Selling checks

NEW YORK, June 81 OP).-Foreign
exchanges strong. Quotations lin
cents): Great Britain, demand, 4.S6 3.16;
cables, ass 11.16: 60-day bills on banks,
ASP sis. France. demand. 2.S7: cables
2.S7a Italy, demand, $50: cables, 3.61.
Demand: Belgium, assn; Germany,
$3.50: Holland. 40.13: Norway, 22.12
Sweden. 26.s21a: Denmark, 1851;
Switzerland. 1885: Spain. 1888: Greece
1.25; Poland. 900; Czechoslovakia,
o.ee; Jugoslavia. 1.77A: Austria,
14125; Rlmania. Az. Argentina
4o.43%: Brazil. 1881: Toxic, 1851 a +;
Shanghai, 12.11I2; Montreal, 10o.125.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-21
DIVIDENDS DECLARED.

NEW YORK, June 81 R.-Texon
Oil and Land declared a quarterly
dividend Of 20 cents a share payable
July "a to stock of record July 10.
Group No. declared a dividend of
$3.50, payable October Is to holders Of
record October 1. Texon Oil and Land
will receive S964,S75 of the dividend
authorized by group No. /.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-21
CONVERTS PREFERRED.

NEW YORK. June 81 P.-Gotham
Silk Hosiery Company has converted
81 ,O0O. 900 of it's first preferred stock
into non-voting common stock at $40
a share. The second 81 .000, 900 of the
first preferred will be convertible into
common at $45 a share.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-21
WOOL PRICES FIRMER.
Special Dispatch to The Star.

SPECIAL Dspatch 70 The otdT
BOSTON, June 21.-Improved in
quiry for pulled woods was the out.
standing incident in the local wool
market at the start of the week.
Prices were slightly firmer. A con.
siderable movement in "B" woods was
reported and some &C. supers are
moving. Demand is still brisk for
low and medium grade material. COM
ing chiefly from sporting goods manu-
facturers. Ohio r'Iarter bloods sold at
43 cents grease basis and territory
quarter bloOds ut 1880 cents.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-21
RUBBER UNCHANGED

Special Dispatch to The Star.
NEW YORK, June 21.-Crude rub.
Der. smoked ribbed sheets, was un-
changed at the noon quotation today
of AM This compares with 47h a
month ago and "a year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-21
CARNEGIE STEEL co.

NEW YORK, June Il (P).-Plants
Of Carnegie Steel Co. in the Youngs-
town district are operating AT 30 per
cent of capacity, 10 per cent above the
average for several weeks past.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-21
BIG SIGNAL CONTRACT.

NEW YORK, June 81 (SpeciaD.-A
contract for automatic train control
Signals. involving some $4,000. 900. has
been awarded to the General Railway
Signal co. by the Chicago and North
western Railroad.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-21
BANK CLEARINGS.

Special Dispatch TO The Star.
NEW YORK, June 21.-New York
bank clearings, $512 900. New
York bank balances, $4,000 900. New
York Federal Reserve Bank credits,
500 900, 900. Boston bank clearings,
$40 900 900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-21
BUTTER IS FIRM.

CHICAGO. June Il R.-Butter
firm: receipts, 1866 tubs; standards,
3sl2aS9 firsts, 3512a561a. tubs; cream
cry, extras. 3834; extra firsts, 3S12
seconds. 33a34i2.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-21
washington Stock Exchanne

SALES
Iapital Traction 5s-SI 400 ~ IN,
g Waashlngt0n Gas 6s '33-SoOn AZ iooi
AFTER CALL.
20 WashlnGtor Gas SIS '33-S3O0 a, 1o.t.
81. 400 at 50 'e'' fs-e5"o at NJ.
Mersenthaler L'no'ype-IO al 100
. Wasbins,o1 Tss os-SI 900 at pS
at So hiec'ric $4,000
MOney-raIi Ioap. ..L n
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-21
Markets at a Glance

NEW YORK. June II 'LP).-Stocks
higher. rail. equipment and oil issues
strong. Bonds firm: Mexican bonds
higher: oils active. Foreign exchanges
strong; French francs rally Z points.
Cotton lower: beneficial rains. Sugar
steady; improved spot situation. COT
fee firm: higher brazilian markets.
CHICAGO. Wheat easy; lower
cash markets Corn lower; bearish
visible supply. Cattle easy. Hogs
steady to higher.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-21
FISHERS PRICE INDEX.

NEW HAVEN. COIN, June II tspe'
ciaD-Prices. 152 $40: purchasing
mower. 657-10. Crump's, 1888 lilo,
Irving Fisher, Yale economist re-
ports.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-21
BAR SILVER PRICE.

NEW YORK. June 81 Collar sill
yer, 65s.; Mexican dollars, sos.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-21
Today's Local Stock Market.

Bonds led the trading on the Wash
ington Stock Exchange today Capt.
tai Traction IS stood at 10l. Washing
ton Gas IS sold at 1922 on a small
turnover and up 10 10412 on larger
sales. Georgetown Gas 5s came out at
9S and two sales of Washington Rail
way and Electric As went at SO. There
was just one stock sale during the
session, that being a 10-share turn
over of Mergenthaler Linotype at los
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-21
Southern Diaries Directors.

At a meeting Saturday in New York
of the directors of Southern Diaries.
Incorporated. the regular quarterly
dividend of 81 was declared on the
class "A" stock. payable July 81 to
stock of record July Is. Three new
directors were added to the board:
George +. Rand. president. Marine
Trust Co.. Buffalo; Eugene V. X.
Thayer of Z. Atkins & Co, New York.
and Harry T. Peters. vice president,
United States Distributing Corpora
ton New York
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-21
Bankers OF on Vacations.

John Poole, president of the Federal
American National Bank, and Mrs.
Poole are leaving Tuesday morning
for an extended automobile trip
through the New England States
William John Eynon, vice president
of the Federal-American National
Bank. has gone with his family to
Eagles Mere, Pa. where he has taken
a cottage for the Summer. Mr.. Eynon
comes back and forth every week or
so.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-21

Eureka Vac Cd.
Famous Pl (10).
Famous Pl rts.
FedLigft(s1 400
Fed Min e. Smelt
Fed Min pf 90.
Fid Phoenix (6).
FrstNP 1stt9.44.
First Nat SOD
Fisher Body cd.
Fisk Rubber. 80.
Fleischmn(t2A)
Foundation go.
Fox Film A o..
Freeport-T Texas.
Gabriel A(f4 v J..
Gardner Motor.
Cen Asphalt.
Gen Cigars o..
Gen Elec (c8)...
Gen Elec (h3)
Gen Elec sp(60c)
Gen Gas pr B Cd
Gen Motors (t16)
Gen Mot pr "a.
Gen Outdr Ad(2)
Gen Outdr A 90.
Gen Petrm (5).
Gen Ry Sig TAN !.
Gimbel Bros. -.
Glidden (2).....
Gold Dust. .....
Goodrich Ru ~
Goodrich pr 20.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-21

.A--Paid this year---no regular rate. B.
terly; Plus 81 In stock. p-Payable
share in stock. H-Pi1s ST. q share in spe.
cial stock; PARTLY stock. tPartly extra.
stock, payable 1Te quarterly. sPlus 30
Dividend rates a. given in the above table
are the annual cash payments based on the
latest quarterly or half yearly declarations.
Unless otherwise noted. extra or special divi.
dends are not included.
The Winslow mail., 1926-12-03
HEARD FROM WHINING.
TON CALIFORNIA

The following article taken from
the columns of the Wilmington
Journal is no doubt of great in
terest to local residents and espec-
tally those who have made this
their home for number of years,
inasmuch as Mrs. Catherine Kelly
was a resident of Winslow for
more than twenty-five years and is
the mother Of Mrs. w. f. Colds
worthy OF this city.
The article, follows:
Attendants at the Granada Thea
tire will be given a rare treat to-
morrow night when two ladies who
will be guests at the dinner and
meeting of the Business and Pro-
fessional Woman's Club held at the
Granada. Mrs.h Mary Anthem, mo-
Their OF Mrs. Jacob Schroeder and
Mrs. Catherine Kelly, mother of
Mrs. r. l.. Porter, who will both
be eighty-four years of age at
their next birthday are the two
who have agreed to meet the visi-
tors at the Granada"
The Winslow mail., 1926-12-03
Cattle Conditions In
State Are Good

PhoeniX-Both day and night
temperatures have been somewhat
lower in all parts of the district
but not low enough to cause suf-
fering to livestock. Although
ranges have deteriorated in some
sections and the water supply has
diminished cattle are maintaining
a good condition generally and are
going to market in satisfactory
shape. In the Grand Canyon, Pres
colt, Whiteriver, Thatcher and
Douglas sections, cattle, range and
water supply, continue in good con-
dition and similar reports come
from western New Mexico where
the weather conditions have been
favorable. Zero temperature on
the north rim of the Grand Canyon
was the lowest reported during the
week but snow has disappeared
except in a few protected spots.
Continued dry weather favored the
curing of winter feed. Range con-
ditions are reported as only fair
in the Seligman, Holbrook, Pine
dale, and Nogales section and poor
in the Williams section. Water
continues to diminish in the Hol-
brook and Seligman sections.
A number of light frosts have
occurred in the lower valleys but
have not been of sufficient sever
ity to stop the development of cot
ton. Except to halt somewhat the
output of green peas the effect of
frost upon growing truck has been
negligible. Lettuce has been great
ly improved by the cooler weather
Much cotton remains in the fields
in the Yuma section but picking
goes on steadily, the weather hav-
ing been ideal for it. Naval oranges
are up to sugar test in that sec
ton but few have been picked thus
far. Coloring of oranges is increas-
ing rapidly. The area affected by
frost has been small.
The Winslow mail., 1926-12-03
October Gas Tax
Collections Set
Record In State

PhOeni K Double interest an
peared this week in the announce
ment by Secretary of State James
II. Kerby of figures showing that
gasoline tax collections for the
month of October eclipsed all pre-
vious records. The figures, show
ing that $86,8S493 was collected
from gasoline taxes, revealed a
high level of prosperity in Arizona,
some pointed out while Oothers
called attention to the fact that un-
der the present rate of collections
the total fund provided for under
the gasoline tax law will be reached
by April and that the next legis-
lature will have to pass an emer-
gency measure or this form of tax
will be eliminated entirely before
q regular law could become opera
tive.
Net gasoline sales reported for
the month Of October were 1896
1888 gallons. OF the total sum
collected, SO per cent, or $43.44G47
was turned over to the state trea-
surer for the benefit of the state
highway department. The other
half was distributed to the various
counties in proportion to the am
cunt of tax collected from each
county. These distributions were
as follows:
Apache, $69S.64; Coconino, $2,O39-
.23; Cochise 4,164.S6; ella $2,937.75;
Graham, $1,0O6.77; Greenlee, $5,-
1920; Maricopa, $15,469.13; Mo-
have, $1,313.2O; Navajo, $1,916.S3
Pima, $4,S9S.65; Pinal, $1,236.5G;
Santa Cruz, $862.16; Yavapai, So
598.09; Yuma, $2,764.39.
Records in the secretary of states
office showed that October brought
the highest gasoline tax collections
since the law become operative in.
June. 1929. Ut
The Winslow mail., 1926-12-03
Veteran Sues United
States For Insurance

I TucsOn--Suit was filed in the
/ United States district court here
by Orville Larson, Pastime' Park
patient, against the United States
f as a whole, asking that the dir
I-ectOrs Of the veterans bureau be
| ordered to pay the entire sum of
q War Risk insurance policy of
$4,000 held by Larsen, on the
ground that he is permanently dis
abled
In his petition, Larsen set forth
that he enlisted in the United
States army March 26, 1918, and
in September 1918 while in active
service with the army in the ST.
Mihiel offensive, he was gassed.
Larsen alleges the gassing brought
ION nephritis and active pulmonary
tuberculosis which has rendered
him permanently disabled.
Larsen claims that the director
of the veterans bureau has refused
to honor his insurance policy in
the amount stated in the face, al
though he had complied with all
Of the agreements set forth in the
contract and has supplied neces-
sary affidavits that he is perma-
nently disabled. He is now being
paid on basis og $240 monthly
payments increased to $3.50 a
month or an increase of 1920 a
month for balance of 149 months.
He was discharged from the army
April 5. 1919, an which date he
claims he was declared perman-
emily disabled.
He is being represented by Fred
w. Ficckett, Jr., and William H.
Mispaugh, attorneys. The case is
the third one Of this nature placed
before the court.
The Winslow mail., 1926-12-03
BAND SAWS FOR SAWMILL AT,
STANDARD ARRIVED LATELA

Snowflake-The band saws fol
the sawmill at Standard arrived
this week and were Immediately
taken from here to the mill, where
they will be installed to be ready
for the opening of the mill on Dec
ember /.
Every effort is being made by
the company to have the company
to have the mill opened by Deem
Der list.
Every effort is being made by
the company to have the mill OPP
ened by December 1st. Company
operations elsewhere have ceased
so that the crews will be avail for
work at Standard.
The Winslow mail., 1926-12-03
500 Cars Of Livestock
Shipped This Season
From Snowflake ,Ariz.

Notwithstanding to figures
furnished by the Apache Railway
Approximately $4,000 head of live
stock have been shipped from the
company's yeards at Snowflake
SiIyerlake and McNary since the
beginning of the shipping season
this year.
1t is expected, Don G. Smith To-
cal agent, said, that before the
season closed that a total of over
1850 cars would have been shipped
from these three yards, making
over $4,000 head of livestock shipp-
eG this season.
1t was also disclosed that the
p1.edOminance Of livestock shipped
was cattle, which shows that the
cattle industry is this section is
not over if it is down.
Sheep shipments so far have
been comparatively light but is is
expected that heavy shipments will
soon begin.
The Winslow mail., 1926-12-03
INSTALL SIGNAL LIGHTS

PHOENIX = With installation
OF automatic traffic signal lights
along Central avenue already be-
gun, city officials estimate that the
new system should be in full OBJ
Grafton by December 1. The I'M
foreground conduits have been laid
and the signal devices are on hand.
but the city officials must await
the arrival of the cables and con-
troll apparatus before installation
can be completed
The Winslow mail., 1926-12-03
LEVY GRANTED

DOUGLAS - The application Of
the Cochise county board of su-
pervisors to create an emergency
levy Of $112,200 for the replace
ment and repair of bridges de-
Stroyed and damaged by flood wa
ters during the latter part of Sep
TENDER, has been granted by the
state tax commission.
The Winslow mail., 1926-12-03
HONOR DOBBINS

Phoenix-Phoenix will play tri-
butte to the man who fostered the
movement to acquire Phoenix
Mountain Park, when the monu-
ment to James c. Dobbins at the
entrance to the park is dedicated.
The monument is located in the
center Of the roadway on South
Central avenue and consists of a
huge boulder taken from the park.
Upon the boulder are two tables
containing inscriptions which tell
of the part played by Mr.. Dobbins
in the acquisition of the park.
The Winslow mail., 1926-12-03
SMITH ON COMMITTEE

Tucson-Prof. G. e. P. Smith. ir-
rigation engineer of the University
OF Arizona, has been appointed to
represent the state on a committee
the purpose of which is to forn1us
late a national reclamation policy.
This committee is sponsored by the
American Society of Civil Engin-
GERS, through the irrigation divi-
sion.