davidaulloa/AmericanStories huggingface dataset:
Evening star., 1926-05-14
LIST STILL SHOWS
. TENDENCY TO SAG
General Motors Action Fails
to Influence Market-In-
terest Lacking.
RY STUART r. WEST.
eeec,aI Dispatch 20 The star

epscAI Dispatch to The star.
NEW YORK. MAY ,4-Today' s
stock market gave another example
of which there have been many in re-
cent weeks. of how a piece Of good
news, long anticipated. falls fat once
II Ia announced. Coming after the
close OF business yesterday, directors
of the General Motors took the most
favorable action that could have been
looked for when they declared an
extra dividend of 81 a share on the
common stock.
The accompanying reference 20 the
business and the financial position of
the company was extremely opums-
tic. Wall Street learned some time
$40 that the corporation had earned
more than it's entire dividend on lis
Junior stock during the first quarter
On ton Of this the president stated
that April earnings had exceeded even
the record breaking total OF March.
Here was a clear lest Of how the
market would receive a decidedly
favorable development. whether II
would awaken public interest in the
Wall Street proceedings. whether II
would not set speculation eOnS again
Far from accomplishing any OF
these results, the market absolutely
ignored the news and with the course
of the day resumed its saGsins ten
dencv. General Moto. 9 had rally OF
a point al the opening, then fell
away. Other motor shares were car
l.ied down. mod arateiN to be sure. but
still at prices which represented about
lowest of the big reaCti)H which has
been going on since the last week of
January.
With the motors acting this way. ii
was not surprising thai other sec
tionsD of the list should have paid no
attention To the General Motors situa'
ton L. S. Steel common WAS a
typical instance in point. 1t started
in practically where it had left off
the day before. dropping BIT, then
simply drifted with scarcely any trad
Ing at all.
Fisher Body was not affected by the
offer to exchange General Motors at
two-thirds ratio for the minority
Fisher stock 1t opened at 81 as
against Sis. the close Thursday then
was barely noticed. The excitement
subsided in Nash Motors. Jordan
made a new low for the year around
q and WHY'S. Overland below 90.
Baldwin Locomotive dipped below
par. but later received sufficient sup
port from the short interest TO carry
1t back over the ground lost. General
Electric fell sharply. A large block
Of Freeport Texas was dealt in at
3012, representing a decline of q half
point. Segregation talk in the case of
Pullman got something OF a chill
when the stock fell nearly 3 points.
Consolidated Gas and Electric, at
one stage. was up a point. carrying
along Philadelphia Company. Inter
horo Rapid Transit and Brooklyn
Manhattan Transit We're both some
what lower
Evening star., 1926-05-14
w., B. & A. TICKET RATE
CUT TO BE APPROVED
ecial DisnAtch 10 The Star.

Special Dispatch 10 The Star.
BALTIMORE, May 1.-THE public
service commission today announced
that 1t would authorize a reduction in
Communication tickets of the Wasing
ton. Baltimore and Annap polls Electric
Railroad Co. between Baltimore and
the District line. to be effective June l.
The reduction will apply to all places
between the two points.
Under the new schedule the present
cost Of s11.40 for five round trips be-
tween the two points will be reduced
to $40 and the 10 round-trip books will
be reduced from $22.80 to $3.50. Simi-
lar reductions were made recently on
the company's line between Baltimore
and Annapolis.
Evening star., 1926-05-14
FOREIGN EXCHANGE.
Quotations furnished by W. B. Hibbs e. Co.
Nominal Selling check

NEW YORK, May IA LP).-Foreign
exchanges weak. Quotations lin
cents): Great Britain, demand, 4S5%
cables, 1865; 60.day bills on banks,
481A. France, demand, 3.05iia; cables,
3.06. Italy, demand, $50: cables,
3.50lA.
Demand Belgium, 3041a; Germany,
1919; Holland, 4O.1S; Norway. 21.60;
Sweden, 26.74; Denmark. 1921: Swift
zerland, 19.34A; Spain, 14.45; Greece,
1924; Poland, 900: Czechoslovakia,
296; Jugoslavia, 1.76; Austria. 400;
Rumania, .37as; Argentina. 40.31 u
Brazil, 1850; Toxic, ALPS; Shanghai,
1850: Montreal, 100.06H.
Evening star., 1926-05-14
CLOSING IRREGULAR.
Waning Interest Marks Final Hours
of Trading Today.

NEW YORK. March Ia G4ol-The
closing was irregular. Waning inter
est marked the late dealings as prices
failed 70 follow definite trend in
either direction. Republic Iron and
Steel sagged 212 points. with Hudson,
Jordan and other motors continuing
to sell point or SO below yesterdays
final prices. Oils. however. moved
forward slowly under the leadership
Of Atlantic Refining. Marland and
LaEo. Sales approximated $50. 900
shares
Evening star., 1926-05-14
MERGER is EFFECTIVE.
Consolidation of Steel Spring and
Locomotive Is Completed.

NEW YORK. MAY ia tP)-Acquisi-
ton of Railway Steel Spring Co. by
American Locomotive Co. became
effective today with the election Of
Frederick F. Fitzpatrick, president of
Railway Steel Spring, as president of
the consolidated company. succeeding
William H. Woodin, who was made
chairman of the board.
Directors OF American Locomotive
Co. were increased from TO 10. A. S.
Henry OF New York. George b.
Motheral of Pittsburgh and Seward
Prosser, chairman Of the Bankers
Trust Co. of New York, having been
elected in addition to Mr.. Fitzpatrick.
American Locomotive declared the
regular quarterly dividend of 81 a
share on the common stock and ST.
share on the preferred applicable to
the increased capital issued in ex-
change for stock OF Railway Steel
Spring. The dividends are payable
June 80, to holders Of record June II.
Evening star., 1926-05-14
EXTRA DIVIDEND PAID.
Standard Gas and Electric Co. Dis
tributes 81 Stock Payment.

NEW YORK. May IA P.-Direc
tors of the Standard Gas and Electric
Co. announced in addition to the
regular quarterly dividend of Is cents
a share a special dividend Of 81 a
share payable in common stock.
After payments of all dividend
charges for 1925 the company added
to surplus 1926 .051, making the total
surplus as of December 81 last
SSS43,019
Evening star., 1926-05-14
INSURANCE SALES GAIN.
New Life Policies 1872 Per Cent
Above 1925 Period.

NEW YORK. MAY ID Lp. - New
l,te insurance policies for the first
four months of this year were 1872
per cent greater than the same
period last year. the Associate of
Life Insurance Presidents announced
Yesterday. The association is COM
posed of as companies, having in
force 81 per cent of the business done
by all United States legal reserve
companies.
Production for April was IA per
cent greater than for the same month
last year. the past April's business
amounting to S93S,000. 600. This
years total for the first four months
was given as $3,394. 900 900.
Evening star., 1926-05-14
FORD BUYS TRACT.

Special Dispatch to The Star.
DETROIT, May 14.-Henry Ford
has bought more than 1000 acres
near Carleton, Mich, and is said to be
negotiating for grist mill. lumber
yard and supply house there. 1t is
reported he plans to build a branch
road from the Carleton glass sand pits
to Ypsilanti.
Evening star., 1926-05-14
PARIS PRICES FIRM.

PARIS. Nav IA R).-Prices were
1rm on the Bourse today. Three per
cent rentes. 46 francs 25 centimes
Exchange on London, 1853 francs IS
centimes. Five per cent loan, 81
francs 40 centimes. The dollar was
quoted at 80 francs 81 centjmes
Evening star., 1926-05-14
Markets at a Glance

NEW YORK P).-Stocks heavy;
motors fail to respond to General
Motors extra. Bonds irregular: Polish
issues weakened by revolution. For
eign exchanges weak: French and
Italian rates at new low. Cotton
frmer; trade buying. Sugar easier;
lower spot market. Coffee higher;
ateadier Brazilian market.
CHICAGO.-Wheat lower; larger
receipts expected. Corn easy: sym
pathy with wheat. Cattle steady.
Hogs strong; all interests buying.
Evening star., 1926-05-14
DAIRY PRODUCTS,

BALTIMORE, May IA tSpeciaD.-
1--we poultry-Spring chickens, lb., 4Oa
Leghorns. 80: old roosters. 20; ducks
lSa26: pigeons, pair. 40; guinea fowls,
each 75a85; old. 40a50
Eggs-Receipts, 1923 cases: native
and nearby firsts, doz., offered at 2SN
a29 20
Butter-Good to fancy creamery.
3sa421a; prints, 4112a431; ladies. asa
"a; store packed. 2sa29: dairy prints,
2Sa32; process butter, 36a37: rolls,
28a42.
Evening star., 1926-05-14
FRANC AT NEW LOW.
Quoted in Paris at 32.62 to Dollar
in Today's Trading.

PARIS, May IA R.-The franc was
given a new low official quotation to
day. reaching 1882 to the dollar and
1875 to the pound at the closing OF
the Bourse. The previous low. on May
6. was 1925 and 1865 for the dollar
and pound, respectively.
The general unsettled conditions in
europe and the unloading of francs
In London and Brussels were given as
the reasons.
Evening star., 1926-05-14
BANK CLEARINGS.

Special Dispatch to The Star
NEW YORK. May 14.-New York
bank clearings, SS27 900 900: New
York bank balances. 800 900 900: New
YORK Federal reserve bank credits,
$94 900, 900.
Evening star., 1926-05-14
BANK RESOURCES GAIN
'ciai Dispatch TO The Star.

Special Dispatch TO The Star
NEW ORLEANS. MAY 14.-Re.
sources OF State banks in louisa ma
are s27O0o,000 larger than at this
time last year. totaling $416 .000. 600.
saving deposits have increased $4,000.
600 since last May.
Evening star., 1926-05-14
LOANS TO BROKERS.

BY the Associated Press.
Loans to brokers and dealers by
New York City Federal Reserve mem
Der banks totaled for the week end
ing May 5, $2,4ss,S91 900, as com
pared to s2.4s3,6 ,6s7 900 for the week
ending April 2S.
Evening star., 1926-05-14
BUTTER UNCHANGED.

CHICAGO. May l4.--Butter, un-
changed; reaelpts, e,461 tubs
Evening star., 1926-05-14
Joy Over McFadden Bill.

There was great rejoicing in tho
Washington financial district today
over the passage by the Senate Of the
McFadden banking bill. IL is believed
by local bankers that after the bill
goes to conference it will probably MOI
come up in tust its present form. Bit
they all feel sure that il now will bs
passed during the present sesdon, and
only changes of lesser importance are
looked for.
Evening star., 1926-05-14

Eliot H. Thomson of the Washina-
ton Loan and Trust Co, is on a motor
trip In New Jersey. Cranberry Lake
being his objective. Mr.. Thomson
was one Of the instructors in the local
Institute of Banking, having charge
of the class In banking fundamentals.
After the final examinations he was
presented with a handsome leather
pocketbook by his IS appreciative
students, the class being the largest
taking any course during the year
just closed.
Bills Discounted Decrease.
Bills discounted by the Federal Re
serve Bank Of Richmond during the
week ending May 10 amounted to
$43, ,065,0 900, compared with s45.224. 900
for the previous week. Bills discount
ed by the 12 Federal Reserve banks
dropped from S547 .1S1 900 last week
to $476.414.Oe0 during the week tust
closed.
Evening star., 1926-05-14
Stockholders TO Inspect Road.

Large Stockholders OF the Southern
Railway have been invited by Walter
S. Case. Southern Railway director.
to make a thorough inspection trip
over the company's lines TO learn a.
first hand how the money which thev
have invested in securities is spent.
hTe party will include. in addition n
stockholders. bankers. members NJ
New York Stock Exchange firms and
insurance company officials G. r
Chipman. ]Vsident partner of Harri
man & Co, and Prof. David Friday
also of this city. will take the trip
The party will leave Washington
Sunday and he coma a ueak
Evening star., 1926-04-13

marshal of prohibition enforcement.
Mr.. Andrews alibi for the futility and
failure of national and state prohibi-
tion authorities Is the sinful diversion
of denatured GndustriaD alcohol. 1t
is Mr.. Andrews contention that to
this evil can be ascribed q major por-
tion of the breakdown of law enforce
ment.
"All the moonshine. produced by mil
lions of gallons, is solemnly ascribed
to this leakage--a veritable red her
ring to divert the attention of the peo-
pie from the real causes, the farm,
mountain and home stills. where at
least 9912 per cent of the real trouble
lies, and Mr.. Mellon knows it and Mr..
Lincoln G.. Andrews knows 1t, and Mr..
Wayne B. Wheeler knows 1t, and each
and every normal, intelligent human
being in the country knows it.
1T Is asserted as a fact by a ma ajori-
ty of the badgered officials that some
IL 1000 900 gallons of denatured alcohol
are finding their way into the hands of
bootleggers yearly. But no figures sub
this have ever emanated
from the Office of any responsible pro-
official.
"a shyster lawyer retained in a bad
would appreciate and admire the slick
ness and ease of accomplishment dis
played by this distinguished but disin-
genuouS estimate.
Consumption of Alcohol
There are some IS formulas for
specially denatured alcohol listed by
the commissioner of internal reVe-
nue.. but more than 80 per cent of the
production is in seven classifications.
These seven consuming agencies
use some 30,000,000 gallons, or ap-
proximately IS per cent of the total
production of denatured alcohol. This
leaves 35 per cent for illegal with
drawal purposes.
And herewith charge that If there
be any diversion of consequence it
must be by the aid and consent of
trusted officers in the United States
Evening star., 1926-04-13
IOWA LEADERS ELATED.
Hot Fight in Coming Primaries May
Give Democrats New Chance.

DIES MONIES. Iowa, April 13 N).-
The Senate's decision in seating Dan
iel F. Steck, promises an unusually
hard campaign in this State for the
Republican senatorial nomination in
the June primary Mr.. Brookhart,
having previously announced If un-
seated he would enter the primary
as an opponent of Senator A. B..
CumminS.
1t also will result in one of the
most active campaigns heretofore
made by the Democrats in this State,
in the hope that they may gain still
another Senate seat through the eX-
pected split in Republican ranks.
The decision was hailed by "regu-
lar" Republican leaders as victory
not only for the Democrats, but for
the Republican organization as well,
since the State central committee has
for four years or more actively
fought Brookhart. declaring during
the last CEinpaign- that he divorced
himself from the party by his de-
nunciation OF President Coolidge and
Vice President Dawes and his align
ment with the La Toilette cause.
The fight between Brookhart and
party leaders dates as far back as
the Bull Moose movement in 1912.
In Iowa he was the subject of wide
spread criticism because of his
speeches on the condition of the farm
erS.
Those who opposed the Senator's
views contended that the adverse pub
licity given Iowa by Brookhart had
large bearing upon the States credit
and business in general and was close
ly linked with the depression of the
past few years.
Senator Brookhart also created a
stir when he returned from abroad
early in his Senate service and advo-
Gated recognition by the United States
OF Russia.
Evening star., 1926-04-13

1t Is fact so apparent that further
demonstration Is unnecessary.
THE drinking public OF America to-
day is making its own liquor and will
continue TO make and consume 1t Just
as long as the Volstead act Is a part
of the law of the land and officers of
the law are permitted to connive and
conspire with law violators for the
money they are able to obtain from
such Illegal conspiracy. n
II herewith charge thatsthe trainers
of the Volstead act knew when they
placed it upon the statute books of.the
United States that it could not be en-
forced and that 1t was forced down
the throats of the American people al
the behest of the Anti-Saloon League
and other allied hypocritical and
bigOted bodies who are determined 10
promote crime and corruption in this
country beneath the cloak OF YirtuOus
pretensions and holier -than-thOu unc-
TONS
Evening star., 1926-04-13
Increase Early i'm War.

The figures show that during 1914
and 1915. before the war boom got
under way, the arrests for drunken
ness repained practically stationary"
he said. During 1916 and 1917, war
boom years, there was a perceptible
increase-following the known rule
that, other things being equal, drunk
enness increases with good times and
decreases with hard times.
I'm 1918 and 1919 emergency war.
time restrictions on alcoholic liquors
(far short of bone-dryness. however)
Evening star., 1926-04-13

Continued from First Page)
ipg the situation as to the Iowa SEN
atorship, which would be brought
about by unseating Mr.. Brookhart
and seating himself. He replied:
Ex-senator Cummins will have no diff
ffculty in defeating Mr. Brookhart at
the primaries. Mr.. Cummins will be
nominated and elected. If Brookhart
is nominated there will be two Demo
cratic Senators from the State"
Party Lines Broken.
Sixteen Republicans joined with
g Democrats in voting to unseat
Senator Brookhart.
! Nine Democrats, 81 Republicans
and the one Farmer Labor Senator
Voted for the Republican insurSent
TO retain his seat,
The roll call follows:
For seating Steck:
epublicans-Butler, Dale, Deneen,
Rrnst Gi!lett, Goff, Greene. Harreld,
Indiana, Sackett, Warren, Watson
and Weller-16.
! Democrats Bayard, Bratton
Broussard. Bruce. Caraway. Cope
land, Edwards. Fletcher George,
Gerry. Glass, Harris, Harrison. Hef-
lin, Jones OF New Mexico, Kendrick,
King, Nick ellar. Mayfield, Neely,
Overnan. Pittman, Robinson of Ark
ansas. Sheppard, Simmons. Smith,
Swanson, Trammell and Tyson-29.
Total, As.
Against unseating Brookhart
Republicans-Bin Borah, Cam
eron, Capper. COuzens. Curtis. Edge.
Fernald, Frazier. Gooding, Hale. How
ell. Johnson, Jones of Washington,
La Toilette, Lenroot, McMaster, Nc
Nary, Metcalf, Moses, Norbeck, Nor
RS, Nye, Oddie. Pepper, Pine, Reed
Of Pennsylvania. Smoot, Stanfield,
williams and Willis-31.
bDemocrats-Ashurs Blease, Dill,
Eerris, Ransdell. Reed of Missouri.
Stephens, Walsh and Wheeler-9.
/ er-Labor-Shipstead
tTotal, Al.
Pairs were announced as follows:
3McKinley for with Fess against;
Means for with Schall against:
Evening star., 1926-04-13

du Pont for with Shortridge against
Underwood for with Wadsworth
against.
Evening star., 1926-04-13
BACKS DR.. RICHARDSON.
Congres Heights Association In.
dorses Him for Education Board.

Endorsement of DIR. +. T.. Richardson,
president OF the Congress Heights
Citizens Association, for membership
on the Board of Education was voted
last night at Il meeting Of the associa-
ton.
The meeting also indorsed F.. J.
Newcomb, a member of the associa-
ton. as candidate for membership
on the proposed board of public vel
fare. The Kenilworth Citizens AS
sociation also has indorsed Mr.. New
comb for membership on this board.
Continuance of the Citizens Ad.
visory Council was indorsed in an
other resolution adopted by the asso-
citation. Announcement was made at
the meeting that a portion of Wilson
Park. Anacostia. had been obtained
for use as a playground.
Evening star., 1926-04-13
SEATING OF STECK
OPENS IOWA FIGHT
FOR NOMINATION

Continued from. First Page.)
Evening star., 1926-04-13

4 German has combined a one
string violin and an aluminium horn
for jazz orchestras.
Evening star., 1926-04-13

as drinking was concerned had be.
come very bad. The Volstead act had
let loose a. host of bootleggers and il
licit distilleries in the State. Liquor
that cost about SO cents gallon to
produce was sold for from $8 to $40
a gallon.
my solution of the matter Is to
repeal the Volstead act and let the
States handle the matter Of prohlbl-
tion enforcement" he said.
The last witness today was Mrs. Viola
Anglin, deputy chief probation officer
OF one of the family courts of New
York City, who testified that the pro-
hibition law has not resulted in any
decrease in the work of that court in
handling domestic relations work.
Mr.. Goldman asked Mrs. Anglin what
the conditions of family life are. par
ticularly with regard to the morals
of children, under prohibition.
She replied that before prohibition
there was much talk about the amount
of good the law would do in the fam
lily court because of belief that much
of the family trouble was due to the
use of alcohol.
Wives Suffering More.
"The cases have not decreased, they
ued. "The only conclusion Is that
wives and children are suffering
more"
Mrs. Anglin declared that men on
probation are heavy drinkers and that
| occasionally they come boldly into
court under the influence of liquor.
She said the probation officers told her
that from 100 to $50 stills can be
found in each of their districts. She
said they are not only in stores, but
in tenement houses.
when you open the door to some
Of these tenements the first thing you
get is a whiff of the odor of liquor of
some kind" Mrs. Anglin declared.
She said probation officers do not fol-
low these odors to their source be-
cause they are not prohibition en-
forcement agents. She said large num-
bers of children live in these tene-
ments and canot help knowing the
stills are there and that the law is
being violated.
The committee adjourned until 10
O'Clock tomorrow morning.
Ridicules Dry Claims.
Senator Edwards of New Jersey,
| who was elected governor OF that
State several years ago on promise
to make New Jersey "as wet as the
Atlantic" and who has introduced
several bills to repeal or modify the
Volstead act, made a statement to
the Senate committee today, urging
favorable action on his measures.
The New Jersey Senator rtdiculed
the assertions made by Assistant Sec
retary Andrews and United States Dis
trict Attorney Buckner of New York
| tot he effect that if it were possible to
dry up the source of supply of alcohol.
now obtained from denaturinG plants
| for the bootleg business. the problem
| of prohibition enforcement would be
| largely solved. Senator Edwards said
| that the vast per cent of illicit liquor
now consumed in this country comes
! from illegally operated stills in the
| homes of the people, or among the
| moonshiners. Senatr Edwards said
Since agitation for modification or
| repeal of the Volstead act was begun
great many alibis have been made
by so-called "drys" in their determined
fight to legisiate morality into the
! body polite of America.
"One of these alibis was pre-
| sented by Assistant Secretary of
the Treasury Andrews. the field
Evening star., 1926-04-13
LOS ANGELES TAKES AIR.
Dirigible Leaves Hangar for Fligh'
Around Lakehurst Today.

LAKEHURST, n. J., April 13 P).-
The dirigible Los Angeles was taken
from her hangar this morning in prep
aration for her first flight since the
loss of the Shenandoah last Fall.
After several hours at the mooring
mast she was to cruise in this imme.
date vicinity, returning before night.
Evening star., 1926-04-13
Asks for Repeal,

Another letter he received from
Martin F. Amorous of Marietta, Ga,
who declared he personally favored
the eighteenth amendment and would
not change it. said that under the Fed
eral prohibition act conditions so far
Evening star., 1926-04-13
Turkish War Admiral Dies.

| BERLIN. April 13 GP).--Rear Ad-
miral Mertens Pasha, chief of
artillery operations for Turkey during
| Dardanelles campaign in World War
is dead.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-11-20
~ oultryNotes
Market Eggs

This month brings us closer to the
heart Of the laying season for
young and old. Eggs are at the
height Of the prices. The strictly
fresh" article is in high demand in
every great city and town in the
land. Push, therefore, for market
eggs. If you don't get them for the
next four months you will sustain
an irreparable loss in your years
work. There are still a few folks
who cannot understand about get
ting eggs in winter. The art of get
ting winter eggs has been mastered
by most of US. Millions and more
millions of people are eating eggs
and are able to buy the best that
are in the market. Now is your
chance. Get your hens in full lay
as rapidly as possible and keep them
at the peak of their possibilities till
the first of next March. This is your
big hope of success. Don't be too
economical with the strength and
vitality Of your birds. Use them
well, but make them work or kill
them. No man can afford to keep a
hen long unless she will lay eggs in
goodly numbers. But the hen that
lays regularly a finely shaped and
large egg will pay as big interest on
the money invested in her as any
thing that you or 1 can get our
hands on in the open country. 1t
isn't a gamble" 1t is a matter of
certainty. Get the sure fire hen and
then exploit her, push her. make the
most of her for the coming four
months, and don't stop them.