davidaulloa/AmericanStories huggingface dataset:
Evening star., 1926-05-23
Touring More Tactfully.

To the native. the tourist always
seems to be exceeding the speed limit,
even If he may be running at the com
monty accepted pace. 1t is a psyche
logical condition. Tourists are sup
posed to be in hurry. There goes
man from" says the native.
noting the strange license tag. "He'e
got long way to CO." The assump-
ton follows that the tourist is in
big hurry.
When touring. it is we'll ia bear this
in mind as a protection against biased
testimony in event OF a collision or
other accident. Public opinion Is
against the tourist when he is in trou-
BILE. 1t pays to drive considerably
and. II possible. give the impression
that one is not in a hurry.
Evening star., 1926-05-23
SIGNAL LIGHTS A BOON
TO CAPITALS TRAFFIC
Officials Convinced of Their Merits After
Long Experiments and Correction
of Original Deficiencies.
BY w. j. VOSS.

Wherein have the traffic control signal lights benefited Wash
ngon and what they be really helpful
the motorist gives his fullest cooperation?
District officials seeking the answer
phases OF this question the introduction Of the signacontro
SYSTEM early in January After four months Of trial.
change of timing
testing of traffic reaction their conclusions decidedly Opt
snsc.
They believe signal system has shown positive benefit to
driving conditions and they the degre of cooperation given
by the the only limitation the
Experience with the lights Sixteenth which
to stand fall in the scheme of things Washington, has
demonstrated according those who have studied observed
them that toroghare that there marked
re,t
Evening star., 1926-05-23
Made in Mentality.

Flying automobiles? Engines that
use water as fuel? Self.steering
gears?
How many motorists question the
reasonableness Of such DEVELOPMENTS?
Do they seem too fanciful? Are they
beyond the realm of possibility?
Motor car fans of a philosophical
turn OF mind say it is all quite posi-
ble. Just a. matter OF time before cars
CONTINUED on Seventh PageJ
Evening star., 1926-05-23
TRAFFIC CONTROL BY SIGNALS
DURING FIRES is COMPLICATED
Police Officers at Headquarters Often Replace Auto.
matte Switch When Master Clock Falls
Down on Job.
BY r. j. CARMODY.

Washington probably haven't the sighte5, idea what it
decided that the tropical custom Of an % was just the right
justify this lack of realization OF all the
Eubank and been
scheme locally
They are
Evening star., 1926-05-20
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star Office

The market for sugar stocks re,
maincd dull. Offerings OF tenlIal
Aguirre Sugar at 1872 found the Iiar u
ket bare of bids. while q prlce Oh -
was being obtained at the same tlllf
in the oyer-the-counter market. one
of the features among speclaltleS was
a drop of more than 3 points 70 d
new low for the year In St' iNeE 10
Paper, although there appeared 10 pe
nothing new in the situation OF tue
company to induce liquidation.
1t was natural that the market LOT
baking company stocks following dl-
rect weakness should have had some
sort of technical recovery and higher
prices were the rule for Cont1neh'al
Baking and General Baking issues
Purity Bakeries class Il, a. -, record
ed Il gain of q point. II was an
nounced that tha stockerS' protective
committee of the General Baking Cor
porat!on had brought suit to cancer
the 10000 shares of class a stock Is
sued to William Is. Ward in exchange
for LOCO, ,000 shares of class Is STOCK
which it returned TO the corporation.
Evening star., 1926-05-20
Washington Stock Exchange

SALES
t,oarcotov4i Gas 5e-S IuU0 AZ N514
Washington Gas - 3:i-Si 600 at l03 il
- Geo at 1903 ., $1,000 Ht 1922
Cautoi Traction Co.'S at 10@ ~ n
u|1,
W.a.hiuzton Gas Llght--"o at 8si, 30 At
IS = ; 1T Is = : n rs u.
Rfca- National Banl+-l at loo
fu'pu Trust Cu.--i0 at @34.
columbia Irtlc iuS. Cp--l0 at 2
Nnrsouthaier lapotJ pe--l0 at 1904
Evening star., 1926-05-20

81 Years UUhoa. Loss 10 da I",e.tur
Evening star., 1926-05-20
KANSAS CITY SOUTHERN.

NEW YORK, May % 1P).-Ap,il
revenues Of the Kansas city Southern
Hallway, first carrier to report earn
mGs for that month. show gains over
April last ycar. Hallway operating
.ucome was S535,o3I. an increase of
<JH1.0-&. making the total for the
four months this year s. S3.006,34S. a
caln If >af5.T3l over The correspond.
!ne period oG 1920. Operating reNe-
uues for April were s203.933 more
than a year ago. and for the four
months increased S52L702.
Evening star., 1926-05-20
BN WILLIAM +. HEFFERNA\.
Received by

NEW YORK, May 20.-Traders
IN curb stocks today We're waiting
Tor something new in the way of out
SIDE developments to materialize upon
winch they could base operations. In
the absence OF any important news
the general body of stocks moved over
i narrow range without definite
tendencies.
The volume of business in the oil
group made up a good part of the
days total transactions, but profes.
slonals working for higher prices made
no attempt 10 push their advantage OF
the past few sessions Those back of
the operation for the rise in South
American issues We're content to let
their market rest for It while and
little on no change occurred in prices
in This quarter. The prominent Stand
ard issues moved within a range of
one half point, While Solar Refining,
among high-priccd issues, changed
hands at 1913, where it was points
above the last previous closing
NEW YORK. May 20.--F0lioWinS
is AN official list of bonds ana stocks
traded in on the New York curb
Market TO-DAY
Evening star., 1926-05-20
MINING
CORPORATION ORGANIZED.

NEW YORK, May 20 R).-Thc
Virginia Carolina Chemical Corpora
ton was permanently organized to-
day with the election of six new di-
rectors. a back dividend of 81 Il
share on the prior preferred stock
was declared. covering the period of
acCum ulations from June ], 1926. to
June !, 1926, 1T is payable July ! 20
holders of record June 10. The new
directors are Theodore G. Smith and
James II. Perkins OF New York, Cole
man Wortham, Thomas Il. McAdams,
John NJ. Miller. jr.. and Buford Scott,
all Of Richmond, Va.
Evening star., 1926-05-20
BAR SILVER PRICE.

NEW YORK. May 90 LP).-Bar sill
yer, 65; Mexican dollars, 49a4.
Evening star., 1926-05-20
TRADING IN COTTON
IS QU|ETER TODAY
Staple Registers Declines of
3 to 10 Points Without
Big News Factor.
BY the A--uGltrl Pres

NEW YORK. May 2U,-Cc'ton fu-
lures opcned steady. July, 1919; Oc-
tobcr. l1J6 Dccen.her, l74H; Janu-
ary. l7.4": March. l7.3o. The market
was stead, today at q decline OF = L.
. points in rc~pons" t. relatively lat,
l.iyerpo"l cables ana reports Of bene-
f"iai showers in the Eastern belt
Trading MAS not active. but prices
worked on t. lNl1 Ion July ana "A
tor December. The general list show
ins net dc, hucS Of about : L. 10
points ut the end 81 The first hour.
Private cables >aId there had been
some covering uul trade calling, hut
reported hedge s"ll.u- aud liquida-
tjon in the market There.
Except for reports of more favor
able weather Tn. decline here APP
peared 10 bc without amy particular
news factor, hut there was further
July hq4Iidatiou ana q little southern
selling of new crop months.
Evening star., 1926-05-20
DRY GOODS UNCHANGED

Spec. al Dispatch to Tie star
NEW YORK, May 20. Cotton
goods markets again were slow today
with prices generally unchanged
Print cloths were quoted At rs cents
for 64X6U's ANA s., for GSX72's Raw
silks advanced 10 to u cents Il pound
81 more active market. Grand NX
now tops the list at $3.50.
Evening star., 1926-05-20
SPECIAL NOTICE.

Chevy Chase Club, q corporation created
under the laws, Of the District OF Columbia,
denture of mortgage. or deed of trust. dated
July l, 1913, to the Fidelity Trust Co. lof
provisions therein as stated in said instru-
ment. does hereby give notice of its nten-
ton to call in, rcOeem and pay all Of said
bonds secured by said mortgage or deed Of
trust. at 102 per cent. at the banking house
of the American Security & Trust Co. on
July |. 1926.
All Of the bonds are called under the pro
visions of article second of said mortgage, or
deed Of trust. and the interest ON said bonds
will cease on the , 1T day q o. IulS, A. D, 2, 1926.
BY WILLIAM y. HOOVER. President
Attest II. PRESCOTT galley. Secretary
Evening star., 1926-05-20
AFTER CALL.

,.anston Nnnotypc--J at 81 -
capital Traction 5s--S3. 0G0 at i0nia
Wash. Rwy. & Flee pId.--10 at a924
VI S9Ft-
Mouey-Cau loans. and per cent.
Evening star., 1926-05-20
RUBBER LOWER.

Npec.sl Dispatch 10 The star.
.NEW YORK. May @0.-Crude rub
er. smoked ribbed sheets, was quoted
at noon today at IS cents. This com
pares with ASA cents yesterday, IS
cents a month ago, ana 621g cents u
year ago.
Evening star., 1926-05-20
CALL MONEY STRONG.

NEW YORK, May 20 tP.-Can
money strong 4: low, ga;
ruling rate. ga ; closing bid. 4; offered
at "A; last loan, 4: time call against
acceptances, 3l2. Time loans, steady
Mixed Mixed collateral, $3.50 days,
4; 4-6 months. A. prime mercantile
paper, 4.
Evening star., 1926-05-20
BONDS.
PUBLIC UTILITl
MISCELLANEOUS
STOCKS.

D, G. Paper 60. Mfg. Is. .,. ~ s61:
Pot. JOINT ,~~toe, "a BS. 5s... 10l 1903
eoutthery9 n, Pig 5.,t = .[..,u gs.t l"l ..-
Evening star., 1926-05-20
New Orleans Quotations.

NEW ORLEANS. May "a tP,--
Cotton futures opened steady. May.
1896; July, l7.53, October, I'LL: De
cemher, I'LL; January G9@C 1902
bid. The market today was Quict
and steady cables were indifferent.
and first trades showed no change t.
, points decline. Prices rallied q
point or two ia The early trading,
while waiting for the weather map.
but when il was posted. showing
un rain in the West ana showers in
lie Eastern belt where needed. prices
e4sed off with July trading to 17.5@.
October to 11.ua ANA December 10
l7.oT. or to 4 points below yester-
GaN> close
Evening star., 1926-05-20
PARIS PRICES IRREGULAR.

PARIS. May 20 (P).-Pi1ces moved
irregularly on the Bourse TO-DAY.
Three per cent rentes, AZ francs; eX-
change on London, 1862 francs Is cen
times. per cent loan, 53 francs %
Centimes: the dollar was quoted at SO
francs 38 centimes
Evening star., 1926-08-25
EVERYMAN'S !
INVESTMENTS
Features of New Bond Issues
BY GEORGE T. HUGHES.

Technical features of new bond
issues are of great Importance.
Prominent among these is the re-
demption price. If any. Some bonds
are issued without the corporation
retaining the privilege of retiring
the issue, but they are exceptions.
Particularly when the coupon rate
Is high one is 1t rare to find nom
callab bond.
Many circumstances might arise
which would make 1t advisable for
the company to pay off its bonds, and
so they usually make stipulation
to this effect when the new loan is
f1oated. Now this callable price is,
bonds and the higher the figure is
fixed the more advantageous to the
buyer. The important point. how
ever, Is the spread between the
price at which the bond is sold and
the callable price. This spread meas
ures fairly accurately the possibility
of market price appreciation of the
bond. For example, 6 per cent
bond is offered for subscription at 95
and the callable price is 105. The
best then that the buyer can hope
ior is profit of about 10 points on
his purchase if everything goes
well. Inc DOIlu VIII not sell MUCH
above los at any TIME because the
buyer would not care to pay more
than he would receive If his bond
should be called.
Redemption prices are often eX
pressed on sliding scale-that is,
they may be called at one figure for
the first half of the life of the bond
and then at successfully lower prices
as the maturity date approaches. 1t
is especially desirable when buying
semi-speculative bond on a high
yield basis that the call price be sub
stantially higher than the offering
price. When one assumes the specu-
lative risk one should be entitled to
a speculative profit. 1t is not so
important in the case of a high
grade investment security.
Notice carefully sinking fund pro-
visions. If these provide for call
ing bonds by lot at designated
price. that in itself is a speculative
attra ction. If bonds are to be bought
in the open market il serves to sup
port the current quotation, but that
is all. The larger the amount the
sinking fund is calculated to retire
prior to maturity the stronger the
position of the bond.
Evening star., 1926-08-25
OUTLOOK OPTIMISTIC.
Iron Age Sees Steel Mills Main
tanning Their Present Rate.

NEW YORK. August 25 P).-"Cur-
rent activities of manufacturing con.
sumers and the continued high rate
of rolling mill operations confirm the
general expectation Of early August
that the month would depart but little
from the remarkable performance Of
July" Iron Age says. shipments
from the mills have been well dis
tributed over the full range of ulti
mate consumption. and the fact that
meanwhile there has been no build
ing up of mill stocks in the lighter
lines in which such stocks are carried
leads some producers to plan for sew
eral weeks Of the present scale Of
output"
For the tenth successive week the
Iron Age composite price of finished
steel stands at 2.431 cents per pound.
being about 1la per cent above that
of one year ago. For seven weeks
the pig iron composite has been $l9.46
per ton, or 2.1 per cent higher than
a year ago.
Evening star., 1926-08-25
HIGHER BEEF CATTLE
PRICES ARE FORESEEN
Upward Trend Over Next Two or
Three Years Probable, U. S. De-
partment of Agriculture Predicts.

Higher prices for beef cattle within
the next is months, with an upward
trend probable over the next two OF
three years. are predicted by the De.
partment of Agriculture. All indica-
tions are for smaller supplies of
cattle on the markets during the next
few months and the number of breed
ing stock, cattle on feed and young
stock seems to be materially lower
than for several years. so that re-
duction In the market movement is
expected.
No competition from foreign sup
plies of beef or cattle which would
affect the situation is foreseen. Pres
ent indications are that consumptive
demand for beef during the next ~
months will continue good, although
no better and possibly somewhat be-
low that of the past year Increased
competition from hogs. especially
during 1927, also is expected to have
some influence on beef prices.
Evening star., 1926-08-25
COTTON ADVANCES
ON STORM REPORT
Little Selling Except Realiz'
ina Noted in New York
Market Today.

BY the Associated Press.
NEW YORK. August 25.-Cotton
futures opened steady; October. 17.73;
December, 1882: January, 1885;
March. 1909; May. 1920. The cotton
market made a very steady showing
In today's early trading. owing to
the tropical storm threat along the
Gulf coast and reports OF further
showers in the belt. Early cables from
Liverpool were lower than due. but
the market there firmed up before
trading here started.
The local market opened steady at
an advance of s to 13 points. Buying
on the unfavorable weather news
was stimulated by more favorable
reports from the cotton goods trade.
and, except for realizing. there ap-
peared to be very little selling.
October sold up to 1888 and Janu-
ary to 1897 before the end OF the
first hour. net advances or ABOUT 10
to 10 points on the active months.
Realizing became very heavy again
today as prices approached the ~
cent level and after selling up to
1872 for December in the forenoon.
or about 20 to 25 points net higher.
the market reacted. Traders seemed
to find more favorable features In
the weekly report of the Weather
Bureau than anticipated. and were
also influenced by prospects for clear
ing weather in the Southwest.
December sold off to 1913 or back
to yesterdays closing quotations. The
market at midday was quieter. ac-
tive months ruling about to Q
points net higher.
New Orleans Quotations.
NEW ORLEANS, August 25 UP).-
Cotton futures opened steady: Octo-
ber. 1886; December. 1882: January
1919; March. 1899: May. 1909 bid.
Evening star., 1926-08-25

ALEXANDRIA. Va. August % tSpe-
ciaD.-As a result of the appeal made
some weeks ago by the Citizens Band
to raise 81 $50 for the year. only
1884 has been contributed by 2S per-
sons. Letters were mailed out to 400
residents. The City Council made
an appropriation Of $500 to help the
band. This leaves to be collected
1906. The Citizens Band is COM
posed OF 35 members. who donate
their services free Of charge, only the
leader receiving pay.
drive has been launched by City
Manager Paul Morton to collect the
1925 delinquent taxes, amounting to
about $4,000. These taxes are due
on real estate. There also is con-
siderable personal taxes due. From
the Office of the city manager Police
man Bayliss has been detailed to no.
tify all delinquents and make an effort
to collect such taxes. There are
many delinquents on city automobile
licenses who will be founded up later.
The formal opening Of the new
municipal swimming pool, set for
Saturday. will be deferred. due to
mud, according to an announcement
by Paul Morton. city manager. It will
require several days to finish the
work.
After an investigation Of a false
alarm OF fire believed by the police
to have been telephoned to headquar-
ters from the Norfolk and Washing
ton wharf early Monday. Judge Snow
today dismissed the case against a
colored suspect in court.
Mrs. Helen Bowman Brooks. 36
years old, wife Of Rosser l.. Brooks.
Rosemont. died yesterday at the
Homeopathic Hospital. Washington
following an operation. She is sur
vived by her husband. The body Will
be sent to Greenville. Ohio.
The Washington Boys Independent
Band will give a concert Friday eve
ming at s o'clock at the corner OF
Washington and Prince streets. This
band is composed OF SIS pieces.
Evening star., 1926-08-25
NEW YORK CURB MARKET
Received by Priyzte Wire Direct to The Star Once

a half point to SO. Public Utilities on
the other hand failed to resume the
upward movement which started IN
the early trading yesterday, but was
suspended when the general marke.
turned reactionary. United Gas ana
Improvement. one Of the most proml'
nent of the group. was offered down
fraotionally. but selling was not
heavy.
The oil shares again acted disap'
pointinsly. with losses Of small 1rac'
tions occurring in most instances
Standard Oil Of New York. 1nterna,
tional Petroleum., Humble OH ana
Tide.water Associated shared IN the
decline.
The market for newly listed INDUS.
trials Of the type Of General Motors
and du Pont rallied a point or so on
what was evidently covering OF snor'
contracts put out recently. Glen Al
den Coal. which established ne"
high record Tuesday at 17SA was
offered down a point. Franklin Man,
ufacturing continued in demand ana
Durant Motors gave a good account
of itself.
The market gave every indicatloIl
of being highly professional ana,r
and one easily Influenced by OUTSIDE
deNelonmentS.
Evening star., 1926-08-25
SALES OF HARDWARE
ARE WELL MAINTAINED

NEW YORK. August 25 (SpeciaD.-
Although hampered by unreasonable
weather in many sections, particular
ly the East. hardware sales through
out the past week we're well main
tanned. according to the reports from
the various wholesale hardware
market centers. Business during
the month Of August" Hardware Age.
in it's weekly hardware market sum-
mary. will say tomorrow, ~'w1ll In all
probability equal or exceed that of
the same period a year ago. 1t is
expected that prices during the bal.
ance of 1925 will show no marked de-
parture from prevailing levels. This
prediction is based in part on the fact
that in steel production and the pro
duction of other basic commodities a
high peak has been maintained, even
during the Summer months. Pros
perity is also indicated by the marked
decline in the number of commercial
failures as. compared with a year
ago, while hank clearings exceed
those of a year ago.
collections are reported as gen
orally favorable.
Evening star., 1926-08-25
COMMODITY NEWS
WIRED STAR FROM
ENTIRE COUNTRY

CHICAGO. August H5.-RanSe con
ditions are none too good over the
West and Northwest. with dry areas
in eastern Montana, western Dakota.
northeast Wyoming and eastern col
oIado, as well as western Kansas and
Nebra ska The Northwest States and
intermountain area have suffered
from dry weather. with water short
and feed cured early. This situation
has resulted in much carly marketing
OF cattle.
SACRAMENTO. = The wine grape
equal or exceed 426 600 tons. while
about 4ls.oo0 tons of table grapes
and 1922 900 tons Of raisin grapes
will he gathered
SPRINGFIELD. Mo.-The poultry
and dairy interests of the Ozark re.
sior have contributed $500. 900 to
the total Of agricultural products in
the last four weeks. II is expected
the last part of 1926 will see greater
production in this region than ever
before.
BOSTON.--1t is reported here that
the new oil electric locomotive which
Is TO ne fnstalleo AT blnSnaM. Ctan,
by the Utah Copper co. will save
4 cents a ton on the ore and waste
hauled by IL as compared with the
steam engines of the company. The
concern now operates 81 steam loco
motives.
ATLANTA A--Vinegar plants are
being esta blished In the apple sec
tions of Georgia to take care of fruit
which cannot he advantaseousiy
shipped. The weld is heavier than
IN 1928.
LONG VIEW Wis-Tinis city Is
70 have a new industry Pulp Will
be manufactured here TO supply the
Pacific Straw and Paper Board Co
The pulp mill company has been tn
cogporatsd Tor $6Qo.o0o,
Evening star., 1926-08-25
USE MORE ELECTRICITY

NEW YORK. Angus, 25 (P).-The
Increasing use of electricity in indus.
trial operations ana the integration
Of public utility plants are outstand-
ing developments in the electric
power field, says the National Bank
Of Commerce III New York. Sixty per
cent of American industry already is
electrified ana manufacturers show
growing disposition to purchase
electric power rather than tn generate
il themselves in private plants.
Evening star., 1926-08-25
BIGGER CROP REPORT.
New York Exchange Figure fol
1886 15.e55.471 Bales.

NEW YORK. August 25 R.-The
New York Cotton Exchanges annual
crop report. compiled from records of
the exchange. puts the commercial
cotton crop of 1926 at l5,655,471
bales. compared with l4,962.955 the
previous year.
World takings Of American are
fixed at 15,129.32O bales. against
14.76S,74e a year ago. and exports
s.233,425 bales. against s.o51,459 last
year.
Evening star., 1926-08-25
WILL REDEEM BONDS.

NEW YORK. August % @.-
Holders of Tennessee Electric Power
Co. 1o.year 611 per cent debenture
bonds Of 1888 have been notified by
the National City Bank of New York
that the company will redeem on Oc-
tober |. at 100 and accrued interest
$3S.5oo aggregate principal amount of
the bonds. which have been designat-
ed by number. The drawn bonds
must be surrendered by October |.
Evening star., 1926-08-25

The fact that a stock certificate is
printed in fancy green scrollwork is
no proof that it is worth any more
than ordinary wall paper. Thousa nds
of people in Washington would have
saved their money If they simply had
asked their banker to tell them what
he knew of some supposedly wonder
full investment.
Evening star., 1926-08-25
WOOL DEMAND EXPANDS

BOSTON, August % (SpeciaD.-De.
mand for wool eXpa nded today in the
case of territory and Texas sorts.
Twelve month Texas was active,
mostly around S1.0s per secured
pound. Various grades of territory
wool moved fairly we'll, particularly
mediums. Prices were steady. based
unon quotations which have prevailed
for some time. This means about 80
cents clean for quarter blood and 90
cents for three-eighths blood staple in
medium territory and around ,$1.05
and s1.07 for fine and fine-medium
staple.
Evening star., 1926-08-25
EARNINGS INCREASE.

NEW YORK. August 25 P).-Net
earnings of the Philadelphia Co and
affiliated corporations for the seven
months this year were l2,553.20s
after depreciation and taxes. before
interest and other deductions. COM
pared with slos22, ,o43 in the preced.
Ing corresponding period.
Evening star., 1926-08-25
BUTTER IS HIGHER.

CHICAGO. August % @.-Butter
higher; receipts. 6.022 tubs; creamery
extras. 40E2: standards, 40: extra
firsts. 39a39ha: firsts. 3612a3S; seconds
33a35. Eggs unchanged receipts,
7,154 cases.
Evening star., 1926-08-25
POTATO MARKET FIRM.

CHICAGO, August % LP-Potatoes
Receipts. 80 cars; on track, 1870;
total United States shipments, 596
cars; very little trading account light
Offering; market firm; Kansas and Mis-
souri, sacked Irish Cobblers, 2.75a2 go:
heated. 2.60a2.7o: Colorado. Nebraska
sacked Round Whites. 290a3 05.