davidaulloa/AmericanStories huggingface dataset:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-11-15

Philadelphia. Nov. 13.--(P-Willie
Ritola, star Finn runner. led the Fin
nish- American Athletic Club team to
victory today in the worlds champion
ship marathon relay race over the Ga
mile course from Atlantic City to
Philadelphia. The winning teams
time was hours, 80 minutes, 35 sec
ondS.
Evening star., 1926-06-05
FOREIGN NEWS SENDS
WHEAT PRICE UPWARD
Market Anxious Over Outlook of
New Winter Grain Crop
in Kansas.
By the Associated Press.


CHICAGO, June with the Liver
pool wheat market reported advancing
in the face of big world shipments,
wheat prices here took an early up
ward swing today. Anxiety over the
outlook for the new Winter crop in
Kansas was largely responsible. Start
ing 1s to q cents higher, the Chicago
wheat market scored decided further
gains. Corn and oats sympathiZed
with wheat, corn unchanged to "A
cent off, but .rallying later. Provi-
sions eased after firmness at the out
set.
Crop reports from Kansas concern
ing wheat were eagerly scanned. Spe-
cial notice was taken of an estimate
from an official of the Santa Fe Rail-
road. AS at first given currency here
the total probable yield predicted was
125 900 600 bushels. Subsequently the
statement was made more explicit, a
minimum of 125 200. 900 bushels. and
suggesting that it may be larger than
that figure.
According to a dispatch today from
one of the most widely known crop ex-
perts in the country, wheat between
Florence. Kans., and Wichita, Kans.,
is beginning to fire and must have
good rains at once. as even the best is
at the limit of endurance. With such
rain the crop will be a big one, but
without the prospective yield will
shrink rapidly. Hot weather in ad-
vance of rain Uo,lld he disa strOus
Evening star., 1926-06-05
TRADE NEWS VARIED.
Bradstreet's Finds Some Causes for
Optimism, However.

NEW YORK. June P).-Brad-
streets said today: Business news of
the week Is of a varied character. On
the favorable side are ranged warmer
weather. which has helped retail
trade in a fairly wide area. given a
slight stimulus to wholesaling and
jobbing. now showing a seasonal ebb,
and where accompanied by moisture
as in the old Spring wheat Northwest
and in the Northern States from the
Mississippi to the Atlantic Coast. has
made for better crop conditions.
About the most optimistic sections
seemed to be the lower Southwest.
especially Texas. Oklahoma and
southern Kansas and the Pacific
Coast. Latest car loading totals
again exceeded the 100000 mark.
and monthly reports as to mail order
and chain store trade are very favor
able the former particularly showing
quite a contrast with the reports that
the lowest price for corn at this time
since 1923 has affected trade unfavOr-
ably in the corn belt. Modifying this
corn situation somewhat is the fact
that hog prices are the highest in
nearly four years. Weekly bank
clearings were $S,1S7, 7,749,O 900.
Evening star., 1926-06-05
RAIL ISSUES LEAD
IN BOND TRADING
Demand Unusually Brisk for
Saturday--Erie Securities
Hold Gains.
BY GEORGE T. HUGHES.

Special Dispatch to The Star. .
NEW YORK, June 5.-Demand for
bonds was unusually brisk for Sat
urday in today's trading. Railway is
Sues investment and speculative, were
the leaders.
All the New Haven obligations sold
around their recent highs and some or
them made substantial gains. Cen
trail New England's As ran up rapid
ly, crossing IA on a high record. The
low coupon rate debentureS, now Sc
cured under the general mortgage.
were fractionally higher, and New
Haven collateral 6s of 1910, at 100,
equaled their best previous price in
two years.
Erie bonds were not as active as
on Friday, but prices were we'll main
tanned and the prior lien As,
above so, were at a new top. More
interest was taken in the strictly in
veStment railway bonds. Southern
Railway G1as, at 11S, were at a new
high, and there was activity in Cana
dian Pacific As, Florida East Coast 5s
and Wabash 51as. Albany and Sus-
quehanna 3las sold only a small frac-
ton below their best previous price.
Industrials ruled irregular. There
was some selling Of the sugar bonds
following the announcement of the
passing Of the Manati Sugar preferred
dividend.
Offerings. however, were well alb
sorbed. United States Rubber 5s raj
lied fractionally. Steel bonds were
firm. with Youngstown Sheet and
Tube 6s again at their recent high.
Local fractions We're steady, but did
little more, and the same was true qf
the oils. Marine 6s stood out as no
tiCeably firm.
IN the foreign group South Ameri-
can obligations were strong. Euro
pean bonds merely held their own.
Some profit-taking was still going on
in the German group.
Evening star., 1926-06-05
CHICAGO LIVE STOCK MARKET

CHICAGO, June Omitted States
Department of Agriculture).-Hog
Receipts, 5000 head; mostly steady:
spots strong: quality considered; 24o
to 800 H. butchers. largely 13.90a
1920; bulk desirable 30 lbs. down,
14.30a14.60; practical top. 1850: ma
jority packing Sows, l265al2.90; fe"
sorted killing pigs, 1450al4.75; stays,
1925 down: shippers, 1000 head: es-
timated holdover, 5000; part held off
market: heavyweight hogs. 13.55a
14.25: medium, 1400a14.55; light, 1870
a14.65; light light. 13.75a14.65; pack
ing sows, 12.5Oa13.00; slaughter pigs.
1400a14.75.
Cattle-Receipts, 1000 head; COM
pared week ago, weighty steers. after
losing part of early advance. still 10
to 25 higher; yearlings steady to 25
lower: only choice long yearlings hold
ing steady; light yearlings, heifers.
sharing maximum decline; fat cows
and heavy heifers, Is to 25 higher: can
ners and cutters, 10 to IS lower; bulls
steady; vealers, so to Is higher; stock
ers and feeders scarce; strong to Is
up: extreme top heavy steers, 1868;
yearlings, 1925: part load. 1875;
weeks bulk prices follow: Fed steers,
S85a10 90; fat cows, o.50a7.35 heifers,
7.5Oa9.40; Gamers and cutters, 4.25a
AIS; veal calves. 12.O0a13.25; stockers
and feeders, 7.50a8.75.
sheep-Receipfs, 5000 head; for
week, around 10000 direct and 5S
cars from nearby feeding stations; to-
days market nominal; compared with
week ago, desirable fat lambs around
25 higher: better grades yearlings shar.
ing advance; in-between lambs and
yearlings, mostly 25 to so lower; fat
sheep, so to 100 lower. weeks top
nrices: fat lambs, 1890; yearlings,
is 80: feeding lambs, 400; bulk prices
follow: Fat lambs, 17.50a1S.75: culls,
13. .OOa14. 90: feeding lambs, 1325alS.s5
fat ewes, 5.50a7.00.
Evening star., 1926-06-05
FIVE FIRMS MERGE.

NEW YORK, June R.-Consolida-
tion of five German companies manu-
featuring milling machinery and equip
ment was announced yesterday in
connection with arrangements for a
$4,000, 900 loan by American bankers
to--the Mill Machinery Co, known in
Germany as Mag" The financing
in"this country will be handled by F.
J.. Lisman & Co, who will make a
public offering of first mortgage 30
year per cent bonds. Each $1,000
bond will carry a warrant emitting
the holder to purchase 10 shares of
the new companys stock.
Evening star., 1926-06-05
DEALINGS ARE DULL
/: IN STOCK MARKET
Prices, as a Rule, Go Lower.
/ Railway Shares Are IT,
i regular Today.
BY STUART r. WEST.
Special Dispatch TO The Star.

Special Dispatch TO The Star.
NEW YORK, June 5.-The stock
market, after the various attempts
made earlier in the week to enlist in
terest on the buying side. lapSed into
dullness again today. Prices as Il
rule went lower. There We're some
exceptions, but on a whole the rep
resentative stocks. like General Mo
tors, Hudson Motors and United
States Steel were offered freely
enough to readily supply what few
new bids there We're in tie market.
In the specialties, which had been
nut up on previous days, a good deal
of profit-takiug went or. Allied Chem
ical dropped over a point and so did
Montgomery Ward. Famous Players
was active, starting in higher. then
declining. The upward movement in
American Smelling appeared to have
been checked for the time being, the
stock falling away Il point or more
from the Friday closing.
Railway 'shares were irregular.
New Haven and Erie, which had been
among the favorites early in the week,
were subjected to considerable realiz-
ing. Baltimore and Ohio was strong.
The stocks belonging to the Van
Sweringen group were well sustained,
hut the Street was still awaiting
sbme news regarding the proposed
new plan for a merger.
No further effort was made to
work for higher prices in The oil
shares. On the contrary, most oi
these issues were inclined to sag
General Asphalt dropped to GS, where
it was off almost n point. Atlantic
Refining declined > points or more,
and the special operations in I.a"o
OF and Transport We're suspended.
Sit was natural that offerings Of
General Motors should come upon the
market following the recent improve
ment in this stock. Just above 1%S,
itswas down over a point on the day.
Hudson Motor lost similarly. and
WHY'S Overland failed to attract the
attention it-did earlier in the week.
Evening star., 1926-06-05
MAY AID EUROPE.

NEW YORK, June R).-The ex,
tension of Federal Reserve activities
into the field Of European credits last
year has aroused reports that finan-
cial aid from the same quarter will
be made available to, continental
countries whose finances are still to
be stabilized. With Gov. Benjamin
Strong of the New York bank in Eu.
rope, rumors are constantly f1ltering
back to the United States that credits
Of $100 100000 to $500, 200, 900 for
Italy or France or Belgium are under
negotiation. Well informed bankers,
however, see little likelihood Of any
loans until definite financial progfams
looking to the return of the gold
standard have been outlined.
Evening star., 1926-06-05
WOOL TRADE LIGHT.
Special Dispatch to The Star.

BOSTON, June 5.-The raw wool
market was the usual week end affair
today, with trade light and few impor-
tant changes in price noted. Contract
ing for new clips is proceeding more
actively in the West, but it Is under
stood that many of the purchases rep
resent speculative transactions. Deal.
ers, as a whole, are not yet confident
that strong enough market is in
sight to dispose of such takings.
Evening star., 1926-06-05
CAPITAL $1,000, 900.
Actual Figure Stated by American
Potash and Chemical Co.

DOVER, Del, June P).-Incor-
porators of the American Potash and
Chemical Corporation have stated the
actual capitalization to be $1.000.000.
The American Potash and Chemical
Corporation was incorporated yester'
day under the Delaware laws with
900 900 shares of no par value stock
which arbitrarily is assessed at a
value of S100,0Og, 900.
The corporation is to acquire by
merger and consolidation property
and assets of the American Trena
Corporation, another Delaware Cor.
poration for producing. refining and
dealing in chemicals, especially sodium
potassium products.
Evening star., 1926-06-05
PRODUCTION DROPS.

NEW YORK, June P).-Crude oil
production east of the Rockies has
fallen more than 300.0 900 barrels daily
from the high record established a
year ago, the statisticians report
Meantime, consumption has been
mounting steadily, and every day wit
nesses a decline in the total above
ground supply. Demand for petroleum
this year is expected to average about
2,4O0 900 barrels daily. The average
supply for the first quarter, including
all imports of both crude and refined
was slightly more than 100000 bar
rels daily.
Evening star., 1926-06-05
GETS MARYLAND CHARTER.

BALTIMORE, June (SpeciaU.-
Although Safeway Stores, Inc, OPP.
crates 342 chain grocery stores in the
southern part of California. it has
come all the way to Maryland for its
charter, and adds one more out-of-
town corporation to the long string of
similar enterprises recently to obtain
Incorporation papers here.
An unconfirmed report in financial
circles here is that the company in
tends to open chain Of stores in the
East, and Baltimore. Washington and
Philadelphia are the first cities Sc.
lected In which to open stores.
Evening star., 1926-06-05
OILS POSITION STRONG.

NEW YORK, June R.-Wall
Street statisticians consider the pc
troleum industry today is in strong
err position than at any previous time
since the war ended. In each year
since 1918 the current supply of oil
has exceeded demand, but this situa-.
ton has now been reversed, it is said.
present indications being that the
average demand for 1926 will exceed
the current supply by more than 200,-
900 barrels day.
Evening star., 1926-06-05
Markets at a Glance

NEW YORK 0P).-Stocks irregular
week end realizing well absorbed
Bonds easy; German issues react on
ptofit-taking. Foreign exchanges
tiHm; Polish zloty drops one-half a
cent. Cotton lower: favorable wealth
eE, Sugar and coffee, holiday.
gHICAGO-Wheat strong: less fa-
v6rable Southwest crop reports. Corn
steady; sympathy with wheat. Cattle
quiet. Hogs steady.
Evening star., 1926-06-05
DAIRY PRODUCTS.

BALTIMORE. June 4 (SpeciaD--
Live poultry-Spring chickens, pound
40h50; Leghorns, 35a45; old hens. 30a
s& old roosters. 20: ducks, 17a23: pig
eo1ls. pair, 40; Guinea fowl, each, 75a
So; old. 40a50.
Eggs-Receipts, 1892 cases: native
add nearby firsts, dozen, offered at
3015a31.
I3utter-Good to fancy creamery
pound, 40a43; prints, 43a45; ladies'. ga
33e store packed, 2SHa29; dairy prints
2&aa30; process butter, 35aS6; rolls,
2815a30.
Evening star., 1926-06-05
WILL HEAD ORGANIZATION

FRENCH LICK. Ind, June SUP
John H. Hunt of Detroit. Mich, head
of the General Motors Corporation s
electrical division. was nominated
yesterday to be president OF the 30
ciety of Automotive Engineers during
1927 at the closing session Of the con-
yention here. Nomination is equlva-
lent to election, as the organization
nominates only one person for each Of
flee and elects at it's January meeting.
Charles B. Whittelesey of Hartford,
Conn, was named for treasurer.
Evening star., 1926-06-05
BUTTER Is LOWER.

CHICAGO, June S CP.-Butter low.
er; receipts, 21, ,004 tubs; creamery ex.
tras. 39Za40; standards, 40; extra
firsts, 38a39; firsts, 36aS7; seconds. 33a
35. Eggs lower; receipts. 1883 cases:
firsts. 2812a29: ordinary firsts. ga
- u: storage packed extras, 301.a30%
storage tirstS. 20a30L.
Evening star., 1926-06-05
E. ". PETERS RESIGNS.

NEW YORK, June R.-Edward
V. Peters has resigned as general sales
manager of the New Jersey Zinc Co,
effective July I. His duties will be as
sumed by A. p. Hobb. vice president.
and ]. III. Janeway, assistant to the
vice president.
Evening star., 1926-06-05
D. PENDER SALES GAIN.

NEW YORK. June R).-The
David Pender Grocery Co. reports
ssies for May of $932,S0S against
sa4.766 In the same month last year.
Total sales for the first five months of
the year were S4,164.6G3, a gain of al
most 80 per cent over the correspond
ing period Of 1925.
Evening star., 1926-06-05
FOREIGN EXCHANGE.
Quotations furnished by w. B. Hibbs & Coz
Mammal Selling checks

NEW YORK, June P).-Forelgn
exchanges irregular. Quotations ln
cents: Great Britain, demand, 4S6 1s;
cables. 1865; 60-day bills on banks,
4S2 3-16 France, demand, 3.08h; ca
bles, 3.09k. Italy, demand, 3.76&; ca
bles, 3.77A. Demand: Belgium, 3.1012;
Germany, $3.50; Holland, 4O.15; Nor
26.45; Switzerland, 1896; Spain, 1913;
Greece. 1.27; Poland. 900: Czechoslo-
vakia, 296; Jugoslavia, 1.76&; Austria.
14.125; Rumania, .4O1a; Argentina,
40.371a; Brazil. 1928; Toxic, 47.O0;
Shanghai, 72.06N; Montreal, 10000 ss :.
Evening star., 1926-06-05
COTTON GOODS QUIET.
| DISPATCH to The Star,

Special Dispatch TO The Star.
NEW YORK, June 5.-Cotton goods
markets were quiet today, with prices
unchanged. Print cloths were quoted
at 71s cents for 64x60s and S1a cents
for 6Sx7os. Raw silks advanced cents
pound IN c moderately actirc ma
kst.
Evening star., 1926-06-05
DIVIDEND OMITTED.

NEW YORK, June CP.-Directors
of the Manati Sugar Co. yesterday
omitted the regular quarterly divi-
dend of $1.75 a share on the prefer
red stock, due at this time.
Evening star., 1926-06-05
STEEL SCRAP ADVANCES.

NEW YORK, June 5 (P).-The stiff.
fleming pr.ce tendency of steel products
was earned a step further today when
Pittsbm gh heavy melting steel scrap
was advanced 25 cents a ton to S15.25.
Evening star., 1926-06-05
BANKS TO START
EDUCATION DRIVE
Great Service to Public to Be
StreSSed-UnIiSted Stock
PriceS-0ther Notes.
BY EDWARD c. STONE.

Francis G.. Addison. jr.. president of
the District Bankers Association. an
nounces that the recently voted educa-
tional campaign to make the banking
business better understood by the pub
lie will begin early next week, or at
least within a few days after that
time.
The association is going to publish a
series Of nine chats on the banking
business, cost of operation. services
rendered the public, how the public
may help the banks, what depositors
should aim to do for the banks in re
turn for the services they get. as we'll
as showing the necessity and impor-
tance OF banks to every community.
Many Of the facts brought out in the
chats will be more or less familiar to
bank patrons, but much information
will be presented in d new light
The members of the advertising
committee are very proud of the chats.
as they call them, which are already
prepared. The difficulty in bank ad-
vertising has been to find an advertis-
ing man who is also a banker, or To
find a banker who is an advertising
man. The committee feels that these
talks blend the viewpoints of the
banker and the advertising man to an
unusual degree. 1t is only natural that
they look for real results to follow
the campaign.
Regret Passing of ShOreham.
Bankers and brokers in Washing
tons financial district sincerely regret
the passing of the Shoreham Hotel
and the closing of it's doors TO patrons
after so many years of splendid SER
ice. Bankers say that during the
Shoreham's long life they have en-
Joyed many large accounts carried by
wealthy patrons, who made the Shore
ham their home.
Brokers also state that they have
numbered host of customers among
the guests of the hotel. While many
of these traders will remain in Wash
ington and keep their accounts active.
yet they will not be quite as close to
the broker offices as they have been.
| The banks and brokers closest to the
Shoreham naturally are mourning the
closing of the hotels doors more than
any one else does, except the older
patrons.
What kind of business will be estab
lished on the Shoreham site is causing
wide speculation in the banking dis
trict. The report that a big depart
ment store is most likely to he 10.
Gated there is doubted by many finan-
cial men.
Local Securities Prices.
Evening star., 1926-06-05
RUBBER LOWER.
special Dispatch to The Star.

Spe1aI DISpatCn SCAf.
NEW YORK. June 5.-Crude rub
Der, smoked ribbed sheets. was quoted
today at 421a cents-a pound. This com.
pares with 43 cents Friday, so cents a
month ago and 76k cents a year ago.
Evening star., 1926-06-05
Anacostia Bank

The quotations show that the asked
price on Miller Train Control stock
has increased since the signing of the
contract between this concern and the
General Railway Signal Co. relative
to marketing of train-control appa
ratus. Up to yesterday the stock had
been inactive for many weeks.
Evening star., 1926-06-05

Warner Sugar Corporation reports
net loss of s220.335 for 1925 after de-
duction of $l,500.00G for interest and
S250. 900 for extraordinary charges.
Evening star., 1926-06-05

A-Paid this year-no regular rate. r.
1o% in common stock. payable IL q quar-
,ebiy @bsn earned aius in ssoG1 81 c,!P
E-Plus IN 20 in stock. G-Pius $50
share in stock HE;Plus 81 share in spe-
sPayable in common stock tPius q in
stock. payable 20 quarterly. fPlus q
in stock.
Evening star., 1926-06-05
Local Securities Prices.

Following are the bid and asked
prices of local securities not listed un-
der Washington Stock Exchange rules.
the quotations being published for the
benefit Of the many traders in these
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-05-24
Apartments for Rent

CAPITOL. N. 2S51-Lower modern apt:
sun parlor. living room. bedroom dining
room, kitchen with all built-in features;
stove. refrig. furn.: gar: 500. Ran 2530
> OR Broom apis. upstairs; gas. cleo
tricity, water 500 south. S12 and SIS
month Call Wash 2647-W.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-05-24
Deaths

Tusltie Warner, 81, o92 East Drive
Woodruff PLACE, influenza.
Enie z. Walters AS, 1@S W. Walnut
carcinoma.
Myrtle Emma Ricllrich. days. city hos
pital. premature birth.
Walter aLtimore McGaunon, rs. 1915
Z. Vermont. cerebral hemorrhagc.
Iva. Wicker, ~. city hospital, chronic
nephritis.
William sguircs, 5s. 241 W. New York
Herman j. Peay, 81. 1927 W. Morris
cerebral hemorrhage.
George Flag JenclIes. SO. 1891 n. Ala
bama, arterlosclerosls.
Nathan Bowman. ~. Methodist Hospital
acute interstitial neDhritis.
Helene NJ Thornton. II. 2039 Mabel,
Dorothy Marie Miller, 3, city hospital,
Mary A. Breunig. so. Christian Hospital
Nellie McCiain. GO. $500 E. Thirty Sec
Lutheran Wyatt. 65, ga Spring. lobar
Martin Van Buren, Mcdonald. rs. $50
n. Chester pulmonary odema.
Augusta Ida Schumacher. "a 1919
Bellefontanie, thrombosis. 49,
Emma !. Rhodehamel. 60. 3416 Gull
ford influenza.
Mildred Gertrude Fleischmann. "a. 800
n. State, peritonitis
Michael Mayer. 50, st. Ymccnts Hos
pital, carcinoma.
George Beasley. A. city hospital. cere-
bral hemorrhage.
oJann X. Kurman. .. 5152 Carrollton,
tubercular meningitis.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-05-24
CHAPTER TO HAVE
SOCIAL MEETING
Mu Phi Epsilon Members
viii Hear Program.

Kappa chapter Of Mu Phi Epsilon,
metropolitan School Of Music\ will
hold it's monthly social meeting at
the home Of Mrs. Lucille Lockman
Wagner, AHA Carrollton Ave.
Wednesday evening. The usual buff
fet supper will be served, the hostess
being assisted by Mrs. Hazel Neal;
and a musical program, which has
been arranged by Mrs. Lutte Gruber,
will follow. The numbers include:
Piano Duct Czardas' Hungarian
ALA Marcia " Scbvtte
Miss Leone Kinder and Miss Helen IsI' ''o
Louise Quig
Soprano-"Spring Comes laughing
Miss Helen PAYNE Payne. carewe
49,, Miss Lucille Chandler. Are''''r
aStpavl,ddIn5.e,. LEst Song ........ Rogers
The 'Iutie-Lnte Trio. i'o'"sroe
Mrs. Lutte Gqru6er, Miss Ruth Beals,
KK saIiiino BETTY at the Ball Came
'''' Miss Clara winc<el.
eG5tqpntralto-"'Sing of Spring .... Russell
wen to the Woods ana Gather ' Nav ann
Miss Mary Moorman. 0''i' III
Two NlOllnS-SeleCted.
Miss Lucille Chandler and Miss
Maude Custer.
Accompanies - Miss Frances Wish ard
Miss Lulu Brown. Mrs Helen Smith Foiz
Miss Mary Norman has been
elected as delegate from Kappa
chapter to the bienpial national con
vention at Ithaca, New York, June
90 to 81.
The chapter officers for 1862
ere: President Miss Mary Moor
man; vise-president. Mrs. Maude Es-
sex Titus; recording secretary. Miss
Selma Zahl; corresponding secretary,
Mrs. Irene Heppner; treasurer, Miss
Ruby Winders; historian, Miss Helen
Louise Quig; warden, Miss Mildred
Casey; chorister Mrs. Hazel Neal:
alumnae secretary. Miss Berenice
Reagan, and chaplain, Mrs. Lucille
Wagner.