davidaulloa/AmericanStories huggingface dataset:
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-03-10
kEYES DENIES ANY
KNOWLEDGE OF PLAN

New York. March lO.-tP)- Asa
Reyes, district attorney Of Los An
gelcs, who has been here for several
days, said today he knew Of no plans
to exhumc body in Connecticut. IN
connection with the renewed invcsti-
cation into the unsolved murder OF
William Desmond Taylor, movie di-
rector.
1--WE arc not locking for the grave
Of Edward +. Sands or his body he
said. Sands, who was Taylor's valet
disappeared at the time OF the muir
der
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-03-10
DON'T OVERLOOK A GOOD THING

From JAS. Edwards, Montgomery,
Ala, comes this letter containing a
valuable suggestion. II feel like a
new man since taking FOLEY s
HONEY AND TAR. Can sleep all
night, soreness in my chest is gone,
so is the bad cough. My whole fam
ily use it for coughs. colds and
Group, and it always helps" Stops
tickling in throat. nervous hacking
and puts a soothing healing coating
on. raw inflamed throat. Don't
overlook FOLEY'S HONEY AMI
TAR.-Adv.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-03-10
Community Building
Committee to Meet

The community building commit
tee of the Bismarck Association Of
Commerce will meet at the associa-
ton headquarters Thursday evening
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-03-10
Lack of Confidence
Causes Merchants to
Fear Competition

Jamestown, N. D., March 10.-tP) =
North Dakota merchants lack confid-
ence is the reason they fear mail or
der house competition. Walter d.
Powell, sc rretary Of the North Dako-
Ia Retail Merchants association, told
the Jane: own Chamber Of Commerce
and Kiwanis and Rotary clubs in joint
session here last evening. In assert
ing this. Mr.. Powell offered proof
and made comparisons of catalogue
and "local store" purchased goods Of
the same price showing the advantage
in value with the local merchant.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-03-10

Biacks.rap, the by-product of the
manufacture Of cane sugar, is much
relshed by farm: animals.
Evening star., 1926-10-25
CHICAGO LIVE STOCK MARKET

CHICAGO, October % Omitted
States Department of Agriculture).-
Hogs-Receipts. $4,000 head better
grades generally steady to 10 cents
lower; lighter weights showing decline:
packing sows strong; light kinds, Is
TO 20 higher in spots; top. 1876 paid
for choice 230 to 27O pound weight;
bulk, $50 to 200 pound, 13.25a13.55;
most 21O to 300 pound butchers, 13.45
to 1915; most packing sows, 10.65a
1l.75; few lightweight, 12.Ooa12.25.
Bulk slaughter pigs, 12.25a12.75:
heavyweight hogs, 12.40a13.75; me-
dunn, 13.25a13.75: light, 12.75a13.6O:
light light, 11.5Oa1335; packing sows'
10: :lOal2.25: slaughter pigs. 11.00a13.OO
Cattle-Receipts, $4,000 head; fed
steers, better grade of slaughter
Westerns and desirable fat heifers
strong to 10 higher: better grade of
yearilngS 10 to 25 up. stockerS and
feeders sharing advance; best fed
yearlings. 1925; weighty steers up to
11.2o; killing quality generally plain:
all cutters weak to Is lower: vealers
DO lower to 10.50a11 90 mostly.
Sheep-Receipts, "a 900 head: slow:
lat lambs around so lower; no West
erns sold; top natives to city butchers
and shippers, 400; bulk, 13.25a13.5O
culls fully so lower; early sales around
900; sheep steady; bulk of fat ewes.
6:75a6.50; feeding lambs mostly un-
changed; bulk, 12.75a13.25; top, 1856.
Evening star., 1926-10-25
PRICES ARE SHADED
IN BOND MARKET
Buying Movement Checked.
New Issues Find Ready
Purchasers.
BY GEORGE T. HUGHES.

OPCNAaA DASpottA W AC N'tdA.
NEW YORK. October 25.-The buy
Ing demonstration in investment
securities, which was the feature OF
the market on Saturday, was not kept
up today. For the moment II ap-
peared that the demand had been sat
isied and while there were no i'm
portant reactions, prices shaded from
highs of the preceding session. On
the other hand, new offerings found
ready market, one case i'll particu
lar being of the Alabama Power 5s.
The 80 per cent basis on which
these bonds were offered. put them .di
rectly in the group i'll which invest
mentS had been best sustained all
through the inactivity of the past i've
weeks. Railroad bonds that fell int
this same general classification, such
as Central Pacific 5s, Baltimore and
Ohio Southwestern 5s and Kansas City
5S were well supported today. and
among industrialS the same was true
of the new Westinghouse Electric IS.
but buying orders We're not in tn"
same large volume as Saturday.
Speculative and foreign issues We're
highly irregular. Among the latter
the Belgian obligations attracted the
most attention. Belgian Is sold of
point, later rallying somewhat,
showing uncertainty not only az T..
the effect of the currency stabiliZa
ton plans, but as 10 the terms ami
market for the new international loan
London cables stated that the Brit
ish portion would be $3.50 900. and
that the coupon rate would be per
cent and the price "a. The Offering, ac-
cording to this report, is scheduled
for Wednesday. Belgian IS dropped
below Sc, but the higher coupon
bonds, the 712S and Ss We're little
changed.
French issues fluctuated within q
narrow range, the SIS crossing 107. but
the 7l2S selling below par. German
General Electric Is were down frar
tionally, but the German government
Is were firm. 1t has been though
that the government 80, which are.
now selling below the call price
could be refunded on more favor
able basis to the borrower under
present conditions in the market for
German securities. but it is doubtful
if anything of that kind is done for
some time.
In domestic industrialS Anaconda
6s We're in good demand and ther,
was brief run up in Andes Copper
Is. The local fractions held Their
gains of the week before, but did little
more.
Evening star., 1926-10-25
Public Utilities

NEW YORK, October 25 (SpeciaD.-
Proposal Of Edison Electric Illuminat-
ing Co. of Boston to issue 20 per cent
OF additional capital stock, on which
proposition the shareholders vote on
November 1, follows the precedent of
other years. The same amount of
stock was issued in 1921, 1922, 1923
and 1924. In 1925 an issue of $780,
100000 in three-year 41a per cent
notes was sold, constituting the COM
pany's only funded debt. Now there
is return to the method of financing
by sale of stock on the part of one
or the most prosperous utilities in the
country.
The price at which the new shares
Will be offered to present holders has
not been made known, but it can be
much above par value and still give
valuable rights, inasmuch as the
stock is now selling around 221 in the
Boston Stock Exchange. 1t sold as
high as 250 last February.
The present dividend rate is II pep
cent, showing a yield of 5.45 per cent
at 220.
Earnings for 1925 We're equivalent
TO l4.9S per cent on the stock and the
latest estimates We're that 1926 would
snow better results notwithstanding
rate cuts. Dividends have been paid
Without interruption for over 25 years
and every change during that time
has been an increase.
Evening star., 1926-10-25
WASHINGTON GAS SCORES NEW
HIGH MARK ON EXCHANGE HERE
Maurice Otterback Sees Banking Greatly
Benefited by Results of Los Angeles
Convention-McKee Speech Praised.

to 10000 customers and employees in
1925. The total amount of stock sold
to date to these two groups, the re.
port stated amounts to 4,254 900
shares. having q total par value Of
446. .555 900 Owners of customer
owned stock now number 424 900.
The 95 companies covered in the re-
port have 10.5O0.O00 customers and
serve a population estimated at A.
100000.
Kresge Opens IL New Stores.
The S. S. Kresge Co. announces the
opening of II new stores in the 30-day
period ended October 16. making the
total number in operation as of the
latter date 352 stores. OF the new
stores opened were of the large CSC
to-$1.00 class. while S were of the
5c-and-10c type. The number of each
class now operating is 81 of the 25c-to-
$l.00 and 255 Of the 5c-and1Oc kind,
Increases Of 21 and %, respectively,
since the end of 1925.
Capper to Push Bargain Sale Bill.
Supporters of the Capper- Kelley bill
to prevent fake bargain sales Of trade
marked goods. upon which hearings
were held by the House interstate and
foreign commerce committee shortly
before the close of the last session of
Congress, are preparing for strong
fight in behalf of the bill at the session
opening In December. Senator Capper
has announced his intention Of push
ing the bill in the Senate. Actively be-
hind the campaign will be the Ameri-
can Fair Trade Association, which has
the active cooperation of more than
600 trade organizations. One thing to
which it will devote itself is definitely
placing before the public the identity
OF those opposing the resale price bill.
Local Financial Notes.
J. T. Exn1cios. president of the De-
partmental Bank, has just published
the October number Of Departmental
Doings, which is intended to bring
about closer relations between this
bank and the employees in Government
departments. The value and import
ance Of saving and speed with which
interest accommodates on savings are
specially stressed in this number.
Institute officers in charge Of the
local chapters first forum dinner of
the season reported today that appli-
cations for seats were coming in rapid
ly and a fine attendance is assured
The informal dinner begins Wednes-
day evening at 8 o'clock at the City
Club. Alfred Reeves is said to be an
unusually good speaker.
Wilmer j. Waller, vice president of
the Federal-American National Bank,
was back at his desk today after
three-week vacation.
Evening star., 1926-10-25
WALL STREET BRIEFS

NEW YORK. October 25 R).-Cast
adrift by the refusal of the Interstate
Commerce Commission to permit its
lease to the Norfolk and Western, the
\irginian Railway probably will have
no difficulty in finding shelter under
the protecting wing of some other
large system in the belief of Wall
street circles. At the time the Nor
folk and Western, backed by the
Pennsylvania, announced its plans,
the Van SweringenS were said to be
looking toward the Virginian as a
possible link for the Nickle Plate mer-
ger. The Loree interests. among
Others, also are said to regard the Eir-
ginian as likely merger possibility.
The general outlook for business
during the next few months remains
favorable, despite the less encouraging
position of agriculture resulting from
the bad weather experienced i'll
numerous localities and the violent
break IN the price of cotton, says the
monthly review Of the Guaranty Trust
Co.
The second nlidcontinent fduciary
conference of the American Bankers
Association will be held in Omaha De
Cembor and {. it was announced yes
terday. The conference territory in
cludes the 10 States of Alabama,
Arkansas, Illinois, Indiana. Iowa,
Kansas. kentucky, Louisiana. Mich
igan. Minnesota, Mississippi. Missouri,
Nebraska. North Dakota, Oklahoma.
South Dakota, Tennessee, Texas and
Wisconsin.
Shipments of standard cotton
textiles during the first Is days of Oc-
tobcr exceeded production for the
same period by 10.551 900 yards, or
10 per cent, according to figures com
piled by the Association OF Cotton
Textile Merchants. The total of all
shipments amounted to 1l5,S1l 600
yards. while sales for the period aggre-
gated S7.000.000 yards, or So per cent
of production.
4 new series OF ST. .0o0. 600 Alabama
Power Go. 30-year 5 per cent bonds
was placed on the market today by a
banking group headed by Harris,
Forbes & Co. The issue is priced at
SSl2.
Net earnings Of the Associated Gas
and Electric Co. for the 12-month PEE
riod ended August 81 totaled 1909. :
e1S. compared with 81 .664.S74 in the
preceding year The large increase
was due in part TO the systems acQui-
sition of additional properties and 10
the progressive gains in subsidiary
earnings.
Evening star., 1926-10-25
BY EDWARD c. STONE.

IF all the constructive suggestions
advanced and resolutions passed at
the Los Angeles convention are put
into effect, the banking situation
all over the country will be stronger
this year than 1t ever has BEEN"
Maurice Otterback. president of the
Anacostia Bank. asserted on his re-
turn to his desk today. 1T was an
intensely interesting session and I
thought Fl. II. Mckee's speech was
the best address of the convention y
Mr.. Otterback represented the Dis
trict Bankers Association at the State
bank section meetings. Important
steps to increase the efficiency Of
state bank supervision were reported.
Another matter given close attention
during the year was a study and
survey of laws governing state banks.
While Congress makes uniform laws
for all national banks, As States vie
with each other in the enactment or
laws governing State banks. The
diversity of these State banking laws
have been astounding in the past. but
much progress was reported at Los
Angeles toward making them more
uniform.
Excellent progress was also report
ed toward the creation of banking
boards to act in an advisory capacity
to bank examiners; toward increasing
the salaries of bank commissioners
and lengthening their terms OF office;
giving bank commissioners or bank
Ing boards full power to reject appli-
cations for charters; placing of build
ing and loan associations. finance
companies credit unions and private
banks under the supervision OF the
State bank departments; broadening
the field for investment OF funds OF
savings banks and trust companies;
and providing for more equitable tax
alton of bank stocks. Obtaining OF
legislation in several States along
some or all these lines was considered
the most important work Of this d.
vision of the A. b. A. during the year.
Washington Gas at New High.
Washington Gas scored another
new high for the present move on
the local Stock Exchange today. The
stock selling ex dividend opened at
70A, an eighth Of a point above the
close of last week, SO shares chang
ing hands at this price. Then IN
later sale Of 10 shares 1t reached
7O1b. The market closed with the
bid price at 20 and 70a4 asked.
The largest amount of trading was
in Merchants Transfer and Storage
common, which recorded three sales
involving a total Of "a shares at III.
The same company's preferred sold at
1O1. Riggs National Bank stock was
more active than usual, 35 shares be-
ing sold at 443, or two points above
the last sale last week.
There was but one bond transaction,
a. $500 transfer of Washington Gas
6s, priced at 10112.
Gas Stock Ownership Grows.
The sale of public service companies
to their customers and employees has
helped to drive the blue sky" pro-
moter out of business and has had
marked effect upon public relations,
according to a report made at the re-
cent American Gas Association con-
vention at Atlantic City, which was
attended by President Ord Preston and
several other officials of the Washing
ton Gas Light Co.
A survey Of 95 of the largest gas
and gas and electric companies shows
that S73 900 shares of stock were sold
Evening star., 1926-10-25
BREAK IN COTTON
!. AFFECTS STOCKS
Drop Is Not So Serious as the
!. Market Already Was
Dem0raIiZed.
BY STUART p. WEST.


NEW YORK. October 25.--The big
feature in the Wall Street situation
today was the sensational Govern
ment report on cotton covering the
record Of ginnings up to October ~
and giving a revised estimate OF the
crop total This estimate placed the
amount of the harvest At the en-
ormous figure of / ,454 900 bales. TINS
compared with S.627 900 bales on
October 1. and final production last
year Of I6,103,679 bales.
Cotton prices fell as the market
reopened after the publication of the
bureau findings. This was, however.
no wide-open break such as mas oc-
CURED on other occasions OF the soft.
This was because the cotton trade mas
for so long been demoralized by the
prospect Of another huge crop that an
addition Of 500, 900 bales to the 1ndlca-
tionS was taken in the light OF ndu
news, but coming In II situation WHich
already could not have been mucn
worse.
The stock market sold OIL Tor a
While, then rallied. The stock E-A
change was plainly Influenced By the
cotton figures because these deepened
the impression that with all that
might be done by way OF artlficlai
help for the cotton grower the out
look for cotton prices returning L"
anything like production costs was
practically hopeless. Such very 20"
valuations for cotton would mean cur
tailment Of buying In the southern
states, quite possibly so nlsrktst as 10
affect the general business situation.
This was what the stock market mas
been saying for some time. an" 1t
.,,r.,ip today.
Motor shares We're rather more
freely sold than most other groups.
General Motors came down Sharply,
and there was heavy profit taxing III
Timken Roller BEARINGS. MACK
Trucks, Hudson Motors and Stude-
baker We're lower most OF the time.
but the motor group did better III the
last hour, when Timken more than
regained it's loss.
Steel Common followed the course
of the main body of stocks but the
weakness was pronounced i'll Gulf
state Steel, which had been off nearly
points last week and promptly
broke 3 points further today. with
an nnSettling influence on some OF
the independent steel shares. foupgS-
town in particular fell quite sharply.
The break In Gulf State was a fur
ther response to the poor showing
made last week in the quarterly
report.
Some of the high priced rails were
affected by the selling, notably At
lantic Coast Line, Atchison and Union
Pacific. while active buying at higher
prices developed in Is. & O. and New
Haven. American Smelling after
opening higher, came down with the
others. Fox film A at one stage was
up nearly = points on top of its rise
of last week of nearly points. The
weakness in Sears Roebuck was ap
parently q reflection of the Southern
outlook.
Evening star., 1926-10-25
New Bond Issues

NEW YORK, October % (Speciab
The largest new Offering TODAY was
that of S6,000,00 Alabama Power Co
first mortgage lien and refundinc i
per cent series due 1856. The bonds
are offered by Harris and Forbes and
%, ard Coffin and Burr, at a price Of
9ol2 20 yield about 80 per cent.
Alabama Power Co. is one of th,
principal operating subsidiaries of the
southeastern Power and Light 60.
ana serves, directly, or at wholesale.
nearly all the urban population and
industrial power requirements of the
northern tWo-thirds of Alabama.
A banking group consisting Of
Emery, Peck and lockwood, G. IL
Waller q Co, Paine Webbor & 20.
and Taylor, E.wart & 90. Inc, are of.
ferinS IL new issue of 81 500 900 Texas
Power corporation first (clOsed) mort
gage per cent bonds due September
l. 1886 at 80 tn Weld about 6.07 neI.
cent. The company was recently
organized under the laws of the State
OF Texas for the purpose of con-
structir&. maintaining and operating
power plants with all necessary
equipment and transmission lines.
A new issue of 81 400 900 ALLEGHENY
County. Pa, 4l2 per cent bonds. duo
In varying amounts annually. 1880 to
1911 and 1855, is being offered by the
National City Co. The bonds are is.
sued for various Improvement Dur-
poses and are direct obligations Of
the county payable. principal and in
tereSt. from unlimited taxes ON al
taxable property therein.
Evening star., 1926-10-25
TRAFFIC rs HEAVIER.

NEW YORK, October 25 R.-
freight traffic on Canadian
is reported for the week end
ed October 16, loadings of 85,207 cars
with 78,104 the week before
and 1854 in the same week last year
Receipts from connections were 37,361
carloads against 1920 the preceding
week and 34,489 a year ago. The
years loading to October Is Increased
to 2,475,812 from 2,237, sos in the same
period Of 1925, and receipts from con-
nections to 1.526,621 from 1,362,O71.
Evening star., 1926-10-25
HIGH TAXES SCORED.

BOSTON, October - Especially
Zeal estate men here say the home
owners or Massachusetts must be re-
lleved OF some of the burden of local
taxes. Local tax rates in this State
have increased from 80 TO 100 per cent
in recent years and land owners are
insisting that the greatest economy
be exercised in municipal operation.
Evening star., 1926-10-25
OIL PRODUCTION UP.

NEW YORK, October 25 @.-
Crude oil production in California
last week increased nearly 5000 bar
rels daily for daily average of
$4,000 barrels. the chief gain being
in the Huntington Beach district,
where the output increased 1000 bar
rels daily. This is the largest pro-
duction since the week ended August
barrels daily.
Evening star., 1926-10-25
POTATO MARKET FIRM.

CHICAGO, October 25 R).-Pota-
toes-Receipts, 2S9 cars; on track, 526;
total United States shipments Satur-
day. 1,4SS; Sunday, 81; trading fair;
market firm; Wisconsin, sacked, round
whites, 2.3Oa2.60; bulk, 2.25a2 so;
Dakota, sacked, Red
River Ohios. 3.0Oa315: Colorado sack
ed, brown beauties, 3OOa3.15; Idaho,
sacked, rurals and russets, 295a3.15;
sacked, Red McCluers, 3.0Oa3.15.
Evening star., 1926-10-25
CANADA'S GRAIN CROP.

NEW YORK. October 25 R.-The
crop report of the Canadian National
Railways for the week ended October
II, puts grain marketings at 1O,-
$4,000 bushels, an increase OF 1,S29,-
900 over the same week last year.
Grain stored at country elevators
to 10.701 900 bushels. a de-
crease of 6.235,000 compared with a
year ago.
Evening star., 1926-10-25
A new issue OF 81 600 .O0O Allerhen,.
NEW YORK MARKETS.

NEW YORK, October - Np).
Flour steady; Spring patents. 7.Goa
$40; soft Winter straightS, 640a6. so;
hard Winter straiGhts, 7.5Ua7.SJ. Rye
easy; No. . Western. Ill +. o. h. New
York. and l,09i4 g. i. +. export. Bar
ley stc;tdy; mailing, S2Ma84%. c. i. f.
New York. Pork dull; mess. g. 90.
family, 1000. Lard firm; Middle West.
l4.35a14.4J. TallOw barely steady:
special loose, ~; extra. 77s. Wheat
futures opened easy: domestic Dccem.
ber, 1.4SL.; May, 1.o3.
Evening star., 1926-10-25
DRY GOODS QUIET.

NEW YORK. October % tSpeciaD.-
Cotton goods markets continued quiet
today with prices somewhat irregular.
The 64-60 print cloths advanced an
eighth OF a cent t" t7x. while the
6Sx7@s declined an eighth to 7ls cents.
Raw silks were steady in slow mar
let
Evening star., 1926-10-25
BUTTER IS HIGHER,

ter-Higher: receipts, 6.551 tubs;
creamery extras. 4712: standards. 43;
extra tirsts. +4a4612; tlrsts. 3s12a42;
seconds, 35a3S.
Eggs-Higher: receipts. $50 cases;
tirsts. 42a45; ordinary firsts, 37a40;
refrigerator extras. So; refrigerator
firsts, 3312a34.
Evening star., 1926-10-25
POULTRY PRICES STEADY.

CHICAGO, October 25 R-Poul-
try, alive, steady; receipts. 20 cars;
fowls, 1Sa23; springs. 19a22; turkeys,
80; roosters, Is; ducks, %; geese, q.
Evening star., 1926-10-25
PLAN BIG IMPROVEMENTS.

NEW ORLEANS, October 25 (Spe-
cial. al.)-Improvement bills have been
introduced In the city council provid-
ing for q bond issue Of 81, 100000 which
Will be used in various municipal i'm
provements. principally payizk.
Evening star., 1926-10-25
Hourly Sales ON ~. 4. Market.
IL am. 295.ooO ~ H. Svo'o"o
pm. 651,SUV "a V.n' tAsfVo

Dividend rates as given in the above % table
iatest Quarterly or half yearly declarations
Unless otherSi.e noted extra or special divi-
sPartly stock. tPartly extra sPayable
i9 common stock ;PIus - ii in s,nos stock psys
this yesr-no regular rate. bPlus l0ee In
e9mnqR stock Paya4 sbsD suarteTly
ePayable in cash or stock. fPlus 2 u N In
stock. RPlus. ESQ, share in stock. hPlue
81 in special stock. iPius 81 in special
stock. iPlus 2gs in stock.
Evening star., 1926-10-25
FEDERAL LAND BANK BONDS


NEW YORK, October 20 R.-Bar-
SILVER, 52!s; Mexican dollars. A0!ss I.