davidaulloa/AmericanStories huggingface dataset:
Evening star., 1926-11-07

z. RAY COMsTOCK and Morris Ges'
last week celebrated their twen-
tieth anniversary as firm Of theat-
rical producing mana gers. ut was on
November l, 1906. that Norris Gest,
then associated with Oscar Hammer
stein. and F. Ray Comstock, at that
time treasurer of a theater, set their
hands Jointly for the first time to
contract making over to them the
concessions to the new New YORK
Hippodrome.
From that partnership. which yield
ed also a venture in production during
its first season. has grown career
which has not only established prece-
dents In lavish spectacular production,
but has started the vogue for such
accented features as the one-act" play
and the intimate musical comedy.
Also II has brought to the America n
stage as distinguished a galaxy OF
foreign artists and dramatic COM
panies as>anv other single Arm in the
history of the American stage.
In its two decades existence the
firm Of Comstock & Gest has seen
the passing Of practically all the old
estA tAblished theatrical firms. Twenty
wears ago the partnership was the
usual form of business organization
in the theater. Today the individual
producer is the rule.
Among the celebrated theatrical
firms in existence in 1906 or founded
shortly thereafter which have been
dissolved or became imperative in the
Intervening wears are: Klaw Err
langer: Wagenhals & Kemper; Cohan
& Harris: Abbey. SChoeffel 4 Grau;
sullivan & Considine: stair Havlin;
Nixon & Zimmerman. and Selwyn 4
Co.
At the time the two Young men
Joined hands. Gest was employed by
the late Oscar Hammerstein TO book
acts in Europe for him for the Vic
toria Theater. Seeing An opportunity
for independent activity. he applied
for the concession rights in the new
Hippodrome. only to be Informed that
they had already been given TO Com
stock A partnership followed.
Before the season Of 1906-07 was
over they had made their first pro-
duction, THE Love Route" with Guy
Standing. Odette Tyler and Olive May
in the leading roles. The following
season at the Casino they produced
Fascinating Flora with Adele
Ritchie. Harry Davenport and James
Sullivan in the cast and Mae Murray
in the chorus.
Other early productions included
1.-THE Beauty Spot" with Marguerite
Clarke and jefferson de Angels; Will
Hams and Walker in "Bandana
Land" besides managing the musical
comedy. "Fantana." on the road.
LA Saison Russe." with Gertrude
Hoffman, and the entire modern
Russian Ballet ensemble and the first
glimpse of Leon Bakst's costumes and
settings, was the firms earliest ambi
tinus ventures in 1911.
Pioneer work was done also in 191;
In the popularizing of bills of one-act
plays presented by the Princess Play
ers headed by Holhrook Blinn. in the
Evening star., 1926-11-07

Robert Milton will shortly produce
IN New York play by Fannie Hurst
entitled The Gold in Fish"
Evening star., 1926-11-07

"The Trumpet Shall Sound" by
Thornton Niven Wilder, play now in
rehearsal. will be the second produc-
ton by the American Laboratory
Theater's repertoire company.
Puppets and Passion" a play by
Rosso di San Secondo, Italian play
wright, will be the first presentation
of the newly formed Chanin Produc-
ing Co. 1t will open in January.
Fay BANTER will open in New York
in First Love" tomorrow night. in
stead OF next Wednesday, as orig
inally announced.
Florenz Ziegfeld announces that he
has obtained from Edna Ferber the
rights to her novel. SHOW Boat,
which he will promptly make into a
musical comedy. Jerome Kern is to
write the music and Oscar Hammer
stein the lyrics. but the player for the
star role Of Magnolia has not yet been
selected.
Robert Whittier. known In Europe
as a director of Ibsen and Strinberg
plays, has secured the English-speak-
ing rights to Eugene Brieux's
"Simone" and is preparing Ne"
York production for an early opening.
= The new play in which David
Pelasco will again present f. n.
Sothern went into rehearsal last Mon
day in New York behind closed doors,
as il is intended to keep the title
secret as long as possible. Haidee
Wright will join Mr.. Sothern. but the
rest Of the cast of which is shrouded
in mystery.
A new play by Noel Coward is now
going the rounds Of the producing OF
fees. thereby refutine the theory that
Basil Dean has exhausted his entire
output. This one is called Semi
Monde" and the action takes place
in seven different rooms OF fashion
able hotel in Paris.
Hope Hampton again emerges AS a
prima donna in the .operetta The
Proud Princess" which William A..
Brady will bring out next month.
Jules Brulator. husband of Miss
Hampton. Is associated with Mr..
Brady in the production.
The cast of Noel Coward's "This
Was a Man" which opens in New
York next week. will include Francine
I.arrimore. A. f. Matthews. Auriol
Lee. Terence Neill Leonard Loan.
Mackenzie Ward and Horace Pollock.
Robert Milton will shortly produce
IN New York a play by Fannie Hurst
entitled THE Gold in Fish"
Naked" by Luiga Pirandello be-
ing produced and played by Augustin
Duncan, is scheduled to open in New
York tomorrow night.
Fulton Oursler's first venture with
a play not based on one Of his novels
will be produced by Al Lewis this sea
son. 1t is a mystery drama with the
Evening star., 1926-11-07

The cast of Noel Coward's This
Was a. Man." which opens in New
York next week. will include Francine
1.arrimore A. F.. Matthews. Auriol
Lee. Terence Neill. Leonard Loan.
Mackenzie Ward and Horace Pollock.
Evening star., 1926-11-07
What Happens When

TOM MIRANDA, editorial manager
for Inspirational Pictures, says
that when a plumber makes a mis-.
take he charges for it. When the
carpenter makes mistake it Is just
what he expected. When a doctor
makes a mistake he buries it. When
a judge makes a mistake it becomes
the law of the land. When a preach
er makes a mistake nobody knows
the difference.
When movie director makes a
mistake 1t is up to the title editor to
correct 1t, but when a title editor
makes a mistake-good-n night!
Evening star., 1926-11-07

Philip Goodman announces that he
will have his own theater In the
Broadway district Of New York City
next season, that 1t will be called the
Roosevelt and will have a seating ca.
pacity of | 500.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-29
COMMODITY NEWS
WIRED STAR FROM
ENTIRE COUNTRY

DETROIT. December 29.--The new.
ly organized Falcon Knight Motors
Corporation has taken over the former
knight engine plant of the WHY'S
Overland Co. at Elyria. Ohio. and Will
start production there about March l.
KANSAS CITY.--The demand for
womens clothing has been a feature
of trade in this territory since Christ
mas. The demand for mems clothing
10 good. but not as large as that for
women's wear. The slight drop in
employment is held responsible for
this.
TIAVERHILL. Mass.-It is believed
here that the wage advance Of to
5 per cent given to 1900 workers In
shoe factories by the board of
arbitration will have an effect on the
wage scales OF every large producing
shoe center in the country.
CLEVELAND.--A trying out
the five.day week, President Adria n
ID. joyce Of the Glidden Co.. large
paint manufacturers. says he is con-
vinced the plan is practical under GER
tain conditions. He said that at the
lithophone plants at Baltimore, Oak
land and Collinsville, Ind, 1t stimu-
lated production and reduced operat-
ing costs.
PITTSBURGH.-Desp the holi-
day check, fabricated steel producers
will make an excellent showing this
month. Bookings in the early part OF
the month ran high.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-29

has a backlog consisting OF a savings
bank account, insurance and bonds,
he should buy any stock sparfngly.
Stock necessarily entails some bust
ness risk.
Make Price Concessions.
Some corporations seeing the ad'
vantage of getting a partnership in
terest on the part of employees through
the sale to them Of common stock,
Offset the speculative element by max
ing substantial price concessions. For
example, the Standard OH Co. OF New
Jersey. which has been a pioneer In
this movement, contributes from the
corporate treasury one-third or the
price Of empioye stock. This con-
tribution furnishes a margin OF safety,
which virtually eliminates the risk or
shrinkage Of principal even during
bear market. Moreover, the Standard
Oil Co. makes it possible for workers
to spread their payments for the
other two-thfrds over a period or nve
years. Such O. plan Is definitely ad-
vantageous to the workers, and has
been properly awaited OF to a large
extent.
Unless corporations are willing and
able to give employees common stock
at specially reduced prices they might
better offer preferred shares. in which
the speculative risk Is reduced.
The secret Of all investment strength
Is In diversifcation of risks, and, un-
less the worker has other investments
and limits his stock purchases to
strong issues, he faces the possibility
of being laid off and having the divi-
dends on the stock of his employing
corporation Topped of at the same
time.
If the terms of the stock issue are
attractive and the issue possesses in
vestment. he should by all means be
encouraged to buy shares OF the COM
pany which offers him employment.
An ownership interest. however small.
in the enterprise for which you toll
gives you new zest and enthusiasm
for your work, and gives you better
insight into the problems of manage
ment and thus makes you better fit
for helpful cooperation.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-29
THE BUSINESS OF GETTING
AHEAD.
S,,ouId You Buy Employers Stock?

The late Warren Stone. president
of the Brotherhood of Locomotive En-.
eineers. a. labor leader with the soul
Of a. big business man, once told me
that the railroad workers Of the coun-
try could own or control all the rail-
roads in 10 years If they saved their
money. .....
Since the war, an increasing array
of progressive corporations have seen
the wisdom of inducing their en-
ployes to become owners of the stock
OF the enterprise. The employe-own-
ership movement, which is still devel.
oping rapidly, has extremely inpor-
tant social as well as economic as
poets. It gives the capable worker
more than a fun dinner pail: it also
provides him with safe deposit oox
stuffed with securities. 1t gives work
ingmen something more to lose than
, their chains. 1t gives them prop
erty interest, and converts them into
capitalists. .....
Most competent observers .recog-
nize the larger benefits of this sig
nificant trend, which Prof. I. n. Car
YER OF Harvard University has de-
scribed as a phase of the current eco
nomic revolution. which he believes
IL under way in the United states.
Movement Is Limited.
And vet there is a difference be-
tween Endorsement of the broad gen
eral idea and the specific problem OF
advising workingmen whether to buy
tha shares of the corporation which
employs them.
Thus far, fortunately. the move
mant has been limited primarily to
corporations whose securities possess
definite investment merit, but there
are already signs that less scrupulous
onera tors are beginning to exploit the
situation. For example, shyster EN-
Movers sometimes advertise for help.
and tell the applicant they have to
h,,v a small allotment of shares in
order TO get the job. When the propo'
sition takes this crude form, 1t con-
stitutes prinaa facie evidence that the
nrpffered shares are worthless or at
least questionable. 1t is q safe rule
to avoid making a connection where
the purchase of company stock Is
obligatory.
gers. in Offering stock to employees.
make the question of purchase op-
tional. The worker should not allow
sentiment or the hope Of favor to
influence him. He should eschew
proffered stock of the employing cor
poration unless he can ascertain by
independent advice that the shares
possess genuine investment merit. and
would be attractive to him as an out,
slider. Sometimes when small enter.
prises allow employees to buy stock
they offer q speculative, illiquid so.
CURLY, which ought to be avoided
Unless the individual workingxnan
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-29
DECLINE is RECORDED a.
IN RAIL CAR l0ADINGS

The usual seasonal decline" or
freight traffic resulted in the loading
Of 950.575 cars for the week ending
December IS. the American Railway
Association reported yesterday. a de-
crease Of 4s,140 cars from the pre-
vious week. The weeks loadings also
showed a decrease of 1919 from the
corresponding week last year.
Coal loading totaled 280.753 cars.
an increase OF 43,4S2 above the same
week last year; grain and grain prod
ucts. 47,451, a decrease OF 6,592; mis-
cellaneous freight. 311.410. a decrease
OF 81 ,337; live stock, 3O,2s7, a decrease
of 4.1S3: merchandise and less than
carload lots, 251 ,5s1, a decrease OF
lap; forest products. $3.50, 11.150
cars decrease; ore, $500. a decrease
Of 1881; coke. l1.s4S, a decrease OF
1880,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-29
TRADING IS QUIET
IN COTTON MARKET
Prices Hold Within Point or
Two of Opening During
Early'Period.
BY the Associated Press.

by the Associated Press.
NEW YORK, December 29.-The
cotton market opened steady today at
a decline of 3 TO points under realiz-
Ing. combined with local and southern
selling. which appeared to be in
huenced by improving weather pros
poets in the South. and the rather
easier late ruling of Liverpool.
A few more January notices were
reported. but spot houses continued to
buy January against sales of March
at a difference of about Is points. Gen
eral business was quiet. prices hold
ing within point or two of the open
ing figures during the first hour.
Liverpool cables reported hedging In
Liverpool had been absorbed by trade
calling and Manchester buying. and
that a fair demand for cotton cloths
from India was pending.
New Orleans Market.
NEW ORLEANS. December 20 up
The cotton market opened quiet and
easy here today, with first trades
showing losses OF 3 to points. Prices
eased off further after the call on the
forecast for favorable weather. Janu-
airy traded at 1855: March. 1854. and
May at 1882. or to 8 points below
yesterdays close. Near the end Of the
first half hour the market was In
clined to become steady. Liverpool
cables were not as good as due.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-29
A. C. L. PROFITS DROP.

WILMINGTON, n. c.. December
20 CP.--Raflway operating revenues
OF the Atlantic Coast Line Railroad
Co. for the first IL months of 1928
were $6S,77e.195, as compared with
$S4, 7S0,574 in 1926, according to a
statement issued today from the gen.
eral office Of the company here.
While an increase was shown in
the railway operating revenues, a
decrease was disclosed In the net rail.
way operating income for the same
period, January ! to November 80,
the figures for 1926 being $15,920,o 02.
as compared with $1S,4l0,S50 in the
same period last year.
The railway operating revenues for
the month OF November, 1925, were
SI,7S8,7l4, as compared with $780,.
242 in the same month last wear.
The net railway operating income for
November. 1925, was $1,SOS,2S com.
pared with $l.415,7s6 in 1925.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-29
WHEAT HAS SETBACK
ON DECEMBER SALES
Firmness at Liverpool Has Only
Transient Effect in Chicago.
Corn Also Easy.
By the Associated Press.

By the Associated Press.
CHICAGO, December 29.--Sharp
new breaks in the price Of wheat re.
suited early today from continued
selling out on the part Of holders OF
December contracts. Relative firm
ness Of wheat quotations at Liver
pool had only a transient effect here.
Opening at Il to II up. the Chicago
wheat market soon underwent a de.
cided general setback. Corn. oats and
provisions were easy. corn starting at
Il decline to 20 gain, and subsequently
tending to sag.
On today's decline In wheat values
the July delivery established a new
low-price record for the season. In
addition to the depressing effect Of
further liquidation OF December con.
tracts. the wheat market as q whole
reflected the influence Of persistent
pressure Of offerings OF Southern
Hemisphere wheat to Europe. 1t was
also pointed out that almost half Of
the North American wheat surplus Is
still on hand undisposed Of.
Prospective increasing shipments
OF wheat from Argentina and Aus.
tralia during thenext month in par
ticular was much talked about In
some quarters today and assertions
were made that the Chicago market
is entirely out of line with world
prices. According to various trade
a reimbursement Is neces-
sary If the United States and Can
ada are to get rid OF surplus wheat.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-29
SMITH COMPANY HOLDS
ANNUAL CONVENTION

The annual convention of the sales
organization of the +. II. Smith Co.
opened here today. This brings TO-
gether the branch managers and sales
men from the company's 10 branch
Offices in the principal cities Of the
East and Middle West.
The meetings are being held at the
company's offices and in the conven-
ton room OF the Hotel Hamilton.
After the morning meeting a lunch
con was held in the red room of the
Hotel Hamilton. q. Bryan Pitts,
chairman of the board of the +. ii.
Smith Co, addressed the meeting. j..
II. Crissinger, governor of the Fed
eral Reserve Board Frederick n. Zihl-
inan, chairman Of the House District
committee, and r. Golden Donaldson,
president of the Commercial National
Bank, attended as guests and adj
dressed the meeting.
Various conferences We're held dur
ing the afternoon, and this evening
the entire organ gation will attend a
theater party. The convention will
continue for two days.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-29
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star once

Standard OF Indiana offerings were
well absorbed at prices not far from
yesterdays closing quotations. stand
ard of Ohio lost points when It
changed hands at $50. but this de-
cline was not considered unusual in
view of the high selling price and the
recent improvement in the market
for the stock. Beacon Oil was an ex-
ception to the general tendency and
was bid up fractionally under a rather
urgent demand.
Declaration of an extra 1914 cents
on Horn and Hardart failed to have
any effect upon the market for the
stock, Lower prices were reached by
Lehigh Power, City Service, Universal
Pictures. Stutz Motor, Ford Motor of
Canada and host Of other indus
trials.
The market turned dull in the after
noon after the bulk of offerings had
been absorbed
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-29
MAY BE FULL PARTNER.
Anderson's Name Linked With
Morgan Firm Reports.

NEW YORK, December 20 Up).--
The New York Herald Tribune says
opinion in Wall Street is that Arthur
NJ. Anderson. recently elevated to the
position OF junior partner In the J. p.
Morgan Co, will become a full part
ner. He has long been associated with
the firm. Morgan q Co. have decided
to raise a man from the ranks" the
paper says.
The firm has lost by death three
of its members within a period of a
little over q year-Edward r. Stetti
nus. William Henry Porter and Col
II. Herman Harjes. senior member o.
the Paris Morgan firm.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-29
S. A. |. REPORT GOOD.
Falling OF Seen. However, in Pas
senger Revenue.
snaniaI Disnatcn to The Star.

Special Dispatch to The Star.
BALTIMORE, December 29.-The
Seaboard Air Line Railway in IL
months earned the interest on It's $25.-
0OO. 900 adjustment 5 per cent bonds
approximately three and a third times
for the full year. according to the
statement Of operating results for the
period.
Incidentally the report reflected the
shrinkage in passenger traffic to and
from Florida, a. loss of $276,172 in
operating revenues for the month being
due wholly to that cause. However.
gross income for the month increased
S222,935, heavy freight traffic being
responsible for the gain. Net income
in November after all deductions near.
ly covered interest requirement on the
adjustments for three months.
Figures for IL months leave no
doubt that the system will round out
the calendar year with the largest
gross revenues and net income 1t ever
reported. Gross for II months Is $4,'
307 ,321 ahead of the corresponding
period in 1925. while the amount avail
able for interest on the adjustment
bonds is $493,277 greater than 1t was
a year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-29
NEW YORK MARKETS.

NEW YORK, December % OP).-
Flower easy. Spring patents, 7.25a-
1850; soft Winter straights. 6.35a6 So:
hard Winter straights 7.l5a7.50. Rye
weak; No. . western, 1889 fob,
New York and 106Ts elf. export.
Barley easy; mailing. S7AaS934; eff.
New York Buckwheat quiet; Jap
anese, 2.10: milling. 200; Canadian,
1913. Lard firm Middle West, 12.S5a
1895. Wheat futures opened steady;
domestic. May. l.421a; other articles
unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-29
STEEL TRADE CONFIDENT.

NEW YORK, December 20 R).--
iron Trade Review says that passing
out of the greatest production year
IN its history, the iron and steel in
dustry Is swinging into 1927 with
solid confidence that consumption will
shortly attain the high average Of the
past year, and buying on a compare.
BILE scdle cannot long de deferred.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-29
BY WILLIAM F. HEFFERNAN.

NEW YORK, December 29.--Lower
prices were the rule again today on
the Curb Exchange. Offerings were
not as persistent as yesterday, but
they were large enough to carry
prices down fractionally to point
or more.
The tendency of prices to work
toward lower levels in the closing
sessions of the year was not an un-
usual occurrence and might have
been expected in view of the fact that
the speculative element, DESTROYS of
clearing up accounts preparatory TO
the New York. we're taking down
profits where these had been accumu.
lated
OH shares resisted the selling better
than most others, because of the he.
ilef that they were in good position
10 discount favorable trade news.
Following is list of bonds and
stocks traded in on the New York
Curb Market today.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-29
MCDONALD ELECTED.
Made President of Southern Pacific
in Louisiana and Texas.

NEW YORK, December 20 Ro.-A.
D. Mcdonald. vice chairman Of the
executive committee Of the Southern
Pacific Co., now stationed in New
York, yesterday was elected president
of the Southern Pacific lines in Texas
and Louisiana. to succeed w. r.
Scott, who died recently.
III. NJ. Lull Of Houston. assistant to
the president of the lines, was elected
executive vice president.
Mr.. Mcdonald, who will have gen.
eral control and supervision Of the
company's affairs in this section, is a
Texan.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-12-29
FOREIGN EXCHANGE,
Quotations furnished by ". B: fIibbs & Co,
Nominal Selling checks
REVENUES SHOW GAIN.

NEW YORK, December 20 R.-
November gross revenues of the Pub
lie Service Corporation OF New Jersey
rose to $9,606,S54 from $780, 1862 in
November last year, and surplus after
charges to $1,388, 490 from $1,230,999.
Gross for the year ended November
80 reached $lo5.4es,S44, against $93..
S95 ,0s9 the year before, ana surplus
after charges. s1S,2e1,717. against &c..
672 .SOIs = -.