davidaulloa/AmericanStories huggingface dataset:
Evening star., 1926-01-24
BY CH.AS. =, SHAEFFF.R.

Another important addition TO the
local financial structure is seen in the
announcement last night by John
Poole that $10,h00.h0h securities
corporation is being organized by IN
terests connected with the Federal
American National Bank The new
company will have an authorized
capital OF 100, 600 preferred shares OF
500 par valne, and of $4,000 to 1900
shares OF common stock OF no par
value.
Common stock in The corporation
VIII he issued as Il stock dividend To
present 5, reholdcrs Of the Fed dsraI-
American National Bark at thu. -;t7-,
OF one share for every share now
held. he total issue To be 12.yu) ~
1900 shares. Gependine, upon whstn-
er this action is taken prior to or
following the proposed increase III
capital of the bank.
Functions Of the new corpora tion
viii be broad, permitting Of a gen
eral finance and securities business.
including such activities as mortgage
financing. credit financing. invest
ments. realty operations and other
phases of finance
Will Take Over Building.
Formation of the corporation VIII
not affect the pr"sen' capital struc-
ture Of the bank. il - explained pE'
MI Poole. although The company.
t:nme mediateiy unon incorporate VII
come into possession Of the property
at 1877 r street. One Of the first
functions of the new corpora ton will
be to develop this building to its
fullest investment value. Subsequent
to taking possession Of the T. stree
banking building. ii is proposed that
the company Will issue a substantial
amount of preferred stock. which
viii constitute working capital with
which to carry on such finance activ-
tiles a. the management may APP
prove.
Although functioninG a $ a separate
entity, the corporation will be Off
cered by the major officers of the
Federal American Bank. and will be
housed in the J. street quarters. The
board of directors also will be select
ed from the personnel of the banks
board
In eXpla ming The movement. Mr..
Poole called attention to the growth
of The bank in the last few yearS
ond the ever-increa sing demand of
its customers. 1T was To meet the
financial needs OF our customers"
he said. that the board OF direc-
NoIS OeNtiItu IL duN lSu plt anu
able that such corporation he
formed. Cnder the present banking
laws. Il national bank is not priv
LEGGED 10 perform certain pha ses OF
finance which might happily be cou-
Quoted by securities company iden-
tilted with interests connected with
the institution. The management of
this bank has long felt that such an
organize alton should be formed
Not one cent of the surplus fund
or undivided profits account OF the
Federal-American National Bank will
be used to further this new project,
but whenever capital is needed it will
be obtained through the sale of pre-
ferred stock without reference to the
ba nix. Separate certificates will be
issued for the common stock and
both preferred and common will be
independent Of the bank stock
Details Of jDrprpOratjon Mr. Poole
Evening star., 1926-01-24
He Just Dotted on Sonatas.

From Every bodys Magazine.
Dinner was a little late. A guest
asked the hostess TO play something.
Seating herself at the piano, the good
woman executed nocturne with pre-
cision. She finished and there was still
an interval of waiting TO be bridged.
In the grim silence she turned to an
old gentleman or her right and said:
Would you like a sonata before go
ing in to dinner
He gave a start Of surprise and
pleasure as he responded. briskly:
why, yes. thanks. | had couple
on my way here, but l could stand an
other"
Hair bracelets and hair rings, once
SO popular. are returning to favor,
now that women, after being shingled.
have so much hair to spare.
Evening star., 1926-01-24

child again.
Millions OF mothers depend upon
this gentle, harmless laxative. 1t
never cramps or overacts. Say Cal
ifornia" to your druggist and avoid
counterfeits. Insist upon genuine
California Fig Syrup which has di-
rections for babies and children OF
all ages plainly printed on bottle.
Evening star., 1926-01-24
EDERAL-AMERICAN TO FORM
SlO.OOO.OOO SECURITIES CONCERN
Supplementary Corporation Will Function on Broad
Scale of General Finance-Second Local Move
of Kind Within Short Time-Noies.

Sa id. are in the ha ndS OF a committee
which is expected TO perfect the new
orga niZation before the removal OF the
bank to its new quarters.
Second Move of Kind.
To the casual observer it would
seem that the l'ederal-American Ma
t,anai Bank and also the commercial
National. which reported Il similar or
"a ni2ation a few days ago. have put
one over" on other national banking
institutions here. The class OF
financing they will he called upon 10
make cannot mea sure up TO the ma
t;unal banking legislation require
mcuts. bit withal are excellent credit
risks. ,,e fila qcin2. l. - suppose.
will CONSIST III the. ,nain ur first aud
second reat estate trusts ana as one
tiisinteres,td person ably put y.
that's where the big moEey Is. II
is agreed, generally, that the time IL
not far OF When every national bd nh
in the country will be forced t" sci
up similar maChin.IT, as little hope
exists that national banking statutes
will ever be amended sufficiently tc
allow fair competition With the many
agencies that have supplemented an"
form an integral part OF on" modern
banking system.
Farmers Purchasing Power.
Purchasing power OF the farmer is
closer to the prewar normal than ct
any time since 1920. according to The
Inde>. published bv the New York
Trust co. The great agricultural
problem. the publication finds, is the
disOostion of the surplus production
without descending to world price
levels
II is believed that the most erec-
tive means OF solving the problem
Will be a stimulation OF domestic and
foreign consumption through cooper
atlNe marketing measures. a bill
embodyinS this plan is now before
Congress, the Index points out. THE
bill creates 2 division OF cooperative
marketing in the Depa rrment of Ag.
rlculture to collect information and
assist the existing cooperative organ.
lzatlons without controlling them.
y total Of $500. .OOO, 900. or one.
nith or the total agricultural business
VI lhe country. was transacted in
i9.1 by the cooperative buying and
selling associations. By this method
more equitable distribution of uroi.
uctS was erected; and the interchange
OF crop statistics was an indication
20 the iarmer Of the conditions Of
supply and demand
Unlisted Securities Prices.
The following latest, bid and
asked prices for unlisted securities
are quoted for the guidance of holders
of these iSsunS.
Evening star., 1926-01-24
nlisted Securities Prices.

Ihe following latest bid and
asked prices for unlisted securities
are quoted for the guidance of holders
of these issues:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-05-15
cement block private garage, 444
Rhode Island avenue dots 64-65,
square 50Sl to cost 81 900

cement block private garage, 444
Rhode Island avenue dots 64-65,
square 50Sl. to cost $1,000.
II. r. Howenstein owner and build
er; Charles r. Schrider. architect;
to erect one two story brick dwelling
and store. 1900 Fourth street north
east dot !. square 3566), to cost S12 900.
Fidelity Storage Co., owner; j. w.
Cant, builder. to erect one two-story
reinforced concrete garage. 2303
Fourteenth street. to cost $115.000.
Jacob GritZ. owner; julius Wenig,
architect: Samuel Alpher. builder: to
erect one twostory brick apartment,
$500 Georgia avenue dot $50, square
2S90. to cost S35, 900
H. w. Dure, owner: D. E. Nichol,
builder; to make repairs, 1922 K street
dot 81, square 1897. to cost $4,000.
G.. A. Stephens, owner; J. B. Tiffey,
builder; to erect rear addition, 1918
Northampton street dots 1910, square
1897. to cast $4,000.
Trustees of Langden Methodist
Episcopal Church. owners; c. S. Ma
son. architect: w. s. Phelps. 2S06
Thirtieth street northeast, builder; to
erect one two.story frame and stucco
parsonage, 2224 Evarts street north
east DOT 5. square 4253). to cost $4,000.
Sidney West. owner; w. II. |.
Fleming ARCHITECT; A. II, Rogers.
builder; to make repairs, 1903 Penn
sylvania avenue dot part 500, square
1lSl. to cost $4,000.
W. c. and A. y. Miller owners.
architects and builders; 10 erect one
2-story frame dwelling. 44S7 Klingle
street part lots l-3. square 1909. to
cost $500
+. +. Cole. owner and builder. to
erect nine metal private garages.
Georgia avenue and Illinois avenue.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-05-15

between Jefferson and TnEranam
streets DOT 10, square 2S$O 10 COST
$50.
F. Catisccoi. owner: 10 eXCaN"te
for cellar. 1924 Fifth street northeast
DOT Is. square S06). 20 cost $soo
Angus c. FrammeH, owner ana
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-05-15

builder: to make repairs. 463 n street
southwest dot 81 square oO2), to cost
$500.
n. Bell. owner; !. A. Moore. 3543
Warder street, architect and builder;
IN erect four 2-story brick dwell
Continued on Page Twentyfour)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-05-15
Chevy Chase as Illustration
you ,viseacre skeptic, and proof-here

history Chevy both
O
hills and what
isl
cess resaes?
no
me University
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-05-15
Will Erect Dwellings.

William r Taylor. owner and
builder: Speiden & Speiden. archi
tects: to erect three two-storv brick
dwellings,. zoos and rs Mckinley and
5543 Thirtieth street dots 10. IA and
is. square E-2295l. 10 cost $40. 000.
NJ, r. Dyer. owner: Speiden &
Speiden. architects; W. c., Brashears,
builder; To erect one two-story tile
dwelling. 1918 Rittenhouse street DOT
2e. square 1852, to cost 800
Frank Cicero. owner: to erect one
Douglas daily dispatch., 1926-08-04
Home Beautiful May Be
Opened Sunday, Aug. s
Continued From Page one)


Connections are provided in every
room Of the house for electrical floor
extensions. In addition, every room
is provided with a gas connection for
heating purposes.
Bath room fixtures of the latest de-
sign have been installed and the bath
room itself is about twice the size of
the bathroom in the ordinary house of
similar size. The walls and floor are
of white tile.
The Kitchen is unusually large, with
great number of built-in compart-
ments and drawers. A charming break
fast nook adjoins the kitchen and is
of sufficient size to accommodate the
ordinary family. A large hood has
been built above the cooking range to
carry off fumes and smoke. IA water
heater of modern design is convenient
ly located in closet off the Kitchen.
The large sink and cooking tables,
with the many convenient cupboards,
and the general layout of the kitchen
will make a ready appeal to the house
wife who appreciates labor saving de-
sign.
Two built-in sanitary wash tubs are
located in a large, white enameled
screen porch.
Every bit of equipment to so into
the house has been carefully consid-
cred and selected by the Hubbell syn
dicate and only the best of materials
and construction have been allowed.
The furnishings, now on display in
the windows of the Phelps Dodge Mer-
caneile company, represent the last
word in modern furniture.
The Hubbell syndicate's "home beau
tiful," when furnished, Will undoubt-
edly be the very finest home of it's
size ever built in this part of the
country. The home fbeautiful" was
not primarily conceived of as a build
ing investment Rather, it is the in
tention for it to serve as self-sus-
tanning miniature building exposf-
tion." 1t will be thrown open to the
public when completed and furnished,
and the residents will have an oppor-
tunity to view the latest developments
in home design and equipment, after
which the place will be sold at a price
but Slightly above it's cost.
Douglas daily dispatch., 1926-08-04
Present Policy of the
Government a Success
{continued From Page one)

(Contlnued From Page One)
thls industry is now showing signs of
recovery In the agricultural west ex
cept for the Dakotas and Nebraska
1t was continued, conditions are goo6
the few exceptions being due to drouth
with consequent poor crop conditions.
During the past three years, it was
asserted, there has been a gradual re-
covery from the deflation of tile i'm
mediate postwar period with the rail-
roads on the way to complete recovery
from the war strain and their purchas-
Ing power going far to stimulate all
business in the country.
Commodity prices have meanwhile
decreased to point lower than three
years ago, although they are not as
low as in the middle of the deflation
period, while wages have not decreas-
eo' but rather shown some increases
over three years ago.
Reduction of taxes, accomplished by
two cuts during his administration. the
president believes has gone far TO en-
courage healthy business and finan-
claI condition in the country. AT the
same time the steady retirement of the
huge public debt and the policy of
keeping government expenditures to
as low figure as possible have been
OF service in the same direction. In
the field of foreign affairs, the presi-
dent points to the assistance given by
this country through the Dawes com
mission in the settlement of the Ger
man reparations question as of out
standing Importance. In addition,
there was mentioned today the senate
action for American adherence to the
permanent court of international JUS
tice, the ratification by the senate of
great many treaties with foreign
countries, the re- establishment of re-
Douglas daily dispatch., 1926-08-04
(By Dispatch A. p. wire)

Two United States senators-Curtis
of Kansas and Harreld of Oklahoma,
republicans renominated in yes
terday's primary elections, and Sena-
tor George H. Williams, republican,
Missouri, was leading his opponents
on incomplete returns last night.
Senator Curtis, majority leader in
the upper house, hau little opposition
in Kansas. His opponent was Nick
Chiles; negro editor OF Topeka Re-
nomination of Senator Harreld in Ok
lahoma was conceded. No active cam
paign was staged against him.
Early returns from the Missouri
primaries gave Senator civilians a
good lead over David M. Proctor of
Kansas City, a. dry candidate, and
Blodgett Priest of st. Louis, wet
Senator Williams declared in his
campaign that prohibition was not an
issue. He asserted he personally was
opposed to the eighteenth amendment
but declared for strict law enforce
ment. Harry B. Hawes of st. Louis,
a former congressman and wet, was
l6dQlHS III Tie MlSSOurl race TOr the
democratic Nomination for senator.
j. c. (Jack) Walton, deposed governor
of Oklahoma, was running behind
Congressman Elmer Thomas in the
democratic contest for the senate in
Oklahoma on early returns, but the
race was close.
Gov. Ben S. Paulen, republican, of
Kansas, was renominated. Donald
Muir, an attorney of Anthony, Kans.,
had slight lead over former Gov.
Jonathan M. Davis on meagre returns
from the contest, for the democratic
gubernatorial nomination.
Early returns from the Montana
primary showed that both Congress-
man John M. Evans, democrat, in the
first district, and Congressman Lea
witt, republican, in the second district,
were well in the lead o. all oppon
ents.
Douglas daily dispatch., 1926-08-04
Weekly Copper ReUiew
H. CHARLES F. WILLIS
EdTSor, The Mining Journal
PhOenix, Arizona


Copper continues strong at ID 3-8
cents and seems to be firmly estab-
! lished at that price tt is evident that
the buyers of copper arc now thor
oughly alarmed over prospective
shortage of the metal and seek to
cover their early requirements to fill
the orders which they have on hand.
1t ise generally reported that July or
ders are going to be partially untitled
and that there will be little chance of
filling August orders when the July
delinquencies are passed along to next
month.
Copper transactions in good volume
are taking place at the new figure,
the fabricators thus testifying to their
opinion that prospects for possible
further advance are good. Buying or
ders from abroad are also coming in
more frequently and for more liberal
quantities of the metal. Both German
and English orders are reported large,
while French fabricators are in the
market for as much of the metal as
they can conveniently find credit for.
One of the larger contributing fac
tors to this strengthening of copper
was the falling off Of the world pro-
duction during June, the June figure
having been made public just prior to
the rise in price. The June world
production totaled 125,615 tons, as
against 138,184 tons in May, June being
the lowest month of the year in pro-
duction and less than the average
monthly production of last year.
The average monthly production for
the first half of 1926 was 131,7S7 tons,
as against 128,406 tons during 1925,
1858 tons during 1924. and 1905
tons during 1928
The drop in world production came
in the United States. Canada, Chile,
Peru Europe and Belgian Congo; in
countries except Mexico and Australia,
and those two together only account
for about 5000 tons of the total. The
United States, Chile and Peru took
the brunt of the drop.
Some very interesting figures on the
copper industry were given recently
by Helena NJ. Meyer of the bureau Of
mines in a report to the department
of commerce:
In years since the war producers of
copper in the United States have had
ITO accept lower scale Of prices than
those current for other commodities,
and therefore a large number of them
have made records in lowering costs
of production.
The efficient organizations that
have been built in, response to the
necessary cutting costs will enable
DrOducerS tO make mOnev .hv Sa1Iipcy a +
prices that would not have welded
profits in the past"
Miss Meyer pointed out that ifports
of copper for 1924 attained a new high
record, total of 768,S13,7S1 pounds
being imported, compared with $780,
473,S3S pounds in 1923, the previous
Douglas daily dispatch., 1926-08-04
THOMAS LEADS WALTON
(By Dispatcl :. :. Wire)

Y OKLAHOMA CITY, Aug 8. - Con-
gressman Elmer Thomas had pulled
away from former Gov. j. c. (Jack)
Walton, his nearest competitor, in the
democratic senatorial race by more
than 900 votes when returns from 81
precincts out of $3.50 in Oklahoma had
been tabulated tonight. More than
half of the II counties in the state
had been heard from.
Henry S. Johnston, Perry attorney,
had lead of more than 600 over w.
M. Darnell, Texas county farmer, in
the field of ten democratic guberna-
torial candidates, with 122 precincts
heard from.
Johnstons vote was 4,OS9; DarnelFs
1873; o. A. Cargill, mayor of Okla
homa City, 1,646;i and former Gov.
j. B. A. Robertson, 396.
Omer X. Benedict, Tulsa postmaster,
had Slight lead in the republican
gubernatorial contest, on which re-
turns were coming in more slowly.
Benedict hadi A votes in six pre-
cincts; w. j. Often, state senator, was
second with 81, and Big Jim" Harris,
former republican national committee
man, was third with 16. No early re-
turns on the republican senatorial
contests We're available. 1t was con-
ceded that Senator j. w. Harreld, the
incumbent, had but Indifferent oppo-
sition,
Pluralities nominate in Oklahoma
primaries.
Douglas daily dispatch., 1926-08-04

lations with Mexico, and in general,
the accomplishment of some progress
in directions leading to further reduc-
tions by international agreement in
armaments.
In making known the views of
Coolidge on number of questions at
the executive offices today, officials
reiterated on his behalf his position
toward another armament conference,
perhaps in Washington, to treat with
naval matters. Nothing should be
done, it was said, that might interfere
with the success of the Geneva arma-
ment conference, preliminary meetings
of Which are now in session.
Douglas daily dispatch., 1926-08-04
WILLIAMS TAKES LEAD
fRv Disnatch A. 2. Wirel

ST. LOUIS, Aug. 3.-George H. Will
liams, St. Louis, incumbent, rolled up
an early lead over his opponents in
the race for the republican nomination
for United States senator for both the
long and short terms when Is out OF
4,O95 precincts in Missouri had been
reported. In the long term contest,
Williams had 425 votes, Blodgett Priest
of st. Louis, 14S, and David NJ. Proc
tor of Kansas City, 302.
In the short term race, Williams was
leading Priest, 47S to 165, when Ii
precincts had been reported. Proctor
Douglas daily dispatch., 1926-08-04
POLICE HAD RELICS
(By Dispatch A. r. Wirel

NoGALEs, Aug. s.-several objects
of value from the Cathedral of Mex
leo. considered the wealthiest in Latin
America, have been found in the hands
of police by a citizens committee. an
pointed by the government to conduct
an inventory, said dispatch to the
Herald from Mexico. City today.
The committee has lasked that a
third party be named also to deter
mime what articles are missing.
among the things found in possession
OF the police was a gold candelebria
from Rome, used during a eucharistic
congress many years ago, adds the
dispatch
Douglas daily dispatch., 1926-08-04
year Of highest record.

year of Highest record.
Exports of metallic copper totaled
-1,116,775,1S6 pounds or S,S72,2O0 pounds
below 1917, Miss Meyer reported, and
she recalled that in 1924 the imports
were more than two-thirds as large as
the exports, whereas in 1913 they were
not one-half as large. Miss Meyer
adds
Had foreign consumption increased
in the same proportion as domestic
there might have been lessacuse OF
dissatisfaction in regard to prices, al
though if European demand had been
large, production, which in the United
States has been considered below ca
pacity, would have expanded fnaterl-
ally and higher level for prices not
have resulted. Europe in spite of un-
Settled political conditions in several
countries that are large consumers, is
now taking increasing quantities Of
copper. h
The smelter production Of copper
from domestic ores rose from 1,434,-
999, 1858 pounds, valued at $21Os945,OOO
in 1923, to 6S4,249,192 pounds, valued
at $214,087,OO0 in 1924.
THE INCREASE of IA per cent in
quantity and only 1 per cent in value
indicates a decided increase in the av-
erage price. }
In 1913 the. copper made from do
mestic ores in the United States repre-
sented 56 per cent of the total world
output; in 1918, 81 per cent; in 1920, 81
per cent; in 1921, Al per cent; in 1922,
81 per cent: in 1928 SO per cent; and
in 1924, SIS per cent"
Douglas daily dispatch., 1926-08-04
Mexico Firm in
Religious Regulations
Continued From Page one)

expenditures in the hope of creating
an economic crisis sufficiently SER
ious to Influence the government to
modify it's attitude. Propaganda
campaigns are being waged vigor-
ously everywhere. There have been
numerous joint debates, with. speak
ers representing both sides of the
controversy, but thus far all have
been peaceful.
The first debate in Mexico City
was between the secretary of educa-
tion, DR.. Jose Puigcasauaranc, and
Rene Capistran Garza, one of the
directors of the League for the De-
Tense of Religious Liberty, who is
under bail awaiting formal trial on
the charge of melting the people to
disturbance by means of the boycott.
This debate was conducted in a
Mexico City threatre and was largely
attended by an orderly crowd. Each
side cheered as points were scored
The broad general arguments put
forth by the secretary, of education
were that the government was mere
ly enforcing the constitution which
it must do or cease to be a self
respecting government; that the reg
ulationt do not interfere with the
dogma doctrines and fundamental
spiritual qualities of religion, but
merely prevented political activities
under the guise of religion.
On the other hand the league
speaker declared that the Catholic
church was singled out for persecu-
tion and that it was impossible to
reconcile Catholic fundamentals with
the governments requirements.
Douglas daily dispatch., 1926-08-04
FIRST PRECINCT
(By Dispatch A. P. Wire)

OKLAHOMA CITY, Aug. Am OK
mulgee county precinct, the first to
report a complete return on the gu
bernatorial race, tonight gave Henry
S. Johnston Of Perry 23 votes, w. M.
Darnell, farmer candidate, %; O. A.
Cargill, mapor of Oklahoma City was
third with II; J. B. A. Robertson, for
mer governor, had 8.