davidaulloa/AmericanStories huggingface dataset:
Evening star., 1926-04-21
VIRGINIA BOND ISSUE.
Public Service Company Floats 6
Per Cent Sinking Fund Gold Bonds.

Special Dispatch to The Star
RICHMOND, Va, April 21.--The
new offering of $4,000, 600 Virginia
Public Service Co. 20-year per cent
sinking fund gold debentures due
February l, 1916, is priced at 9612 and
interest, to yield about $50 per cent
They are eXchangeable in limited
amounts into National Public Service
Corporation class "A" common stock
which, in addition to certain participa-
ting features, is entitled to priority
as to dividends over class "B" common
stock to the extent of $1.60 per share
per annum.
Virginia Public Service Co, and its
subsidiary Newport News and Hamp-
ton Railway. Gas and Electric Co.,
serve with electric light and power,
13O communities of a total popula-
ton of more than 100000. This terri
tory includes Newport News, Hamp-
ton and environs, Alexandria, War
renton, Charlottesville, Staunton, Cliff
ton Forge, Emporia, South Boston
and immediate communities in Vir
ginia. Gas and ice business is done
in eight communities, and street rail
ways are operated in Newport News
and Charlottesville, with an aggre-
gate trackage of 53 equivalent miles
of single track.
Consolidated gross earnings report
ed for the calendar year 1925 amount
ed to $4,557,78 and net earnings to
$1,663,31S. After deducting bond in
terest, 1892 500, earnings available for
interest on the present issue of
$4,000, 900 debentureS were over 81
times the annual interest requirement
Evening star., 1926-04-21
COMMODITY NEWS
WIRED STAR FROM
ENTIRE COUNTRY

PITTSBURGH-Bol and hut pro
ductiOn here is good. Light rails are
in better demand than month ago
and pipe mills continue to run almost
at capacity. There has been an in
crease in output of steel for bridge
and culvert construction.
CLEVELAND - Iron production in
first quarter of 1924 was 81, ,071 gross
tons, 4,125 tons in 1925 and in first
quarter this year was 81, ,4S2 tons.
Steel production in the valley is run
ming about S0sper cent of capacity.
DETROIT-It is planned to build
only about 700 cars the first month at
the new plant of the Ford Motor Co.
at PlotZensee, Germany, which has
just opened The plant will follow
standard Ford assembly practice.
SAN FRANCISCO, April 21.-The
knitting industry of the Pacific
Coast will benefit from the opening
of a dye works here. California has
30 wool knitting mills. They have
been hampered heretofore by having
10 await filling of colored yarn orders
by Eastern dye works.
PORTLAND-Wool buying in the
Pacific Northwest is almost at a
standstill Shearing is progressing
in Washington, Oregon and Idaho,
but buyers. hoping for lower prices,
are making no bids.
CHICAGO-Beef trade is showing
a slight improvement, rejecting q
better demand without material
change in prices. Fresh pork cuts
are firm, with demand holding up
well.
BOSTON-The Gillette Safety
Razor Co. has acquired majority
interest in the Roth Buchner Co.. the
largest manufacturer of safety razor
blades in Germany. The entire cap
ital stock of a large Austrian manu-
facturer also has been purchased.
Evening star., 1926-04-21
EVERYMAN'S
INVESTMENTS
A Railroad Stock.
BY GEORGE T. HUGHES.

Now let us take a railroad common
stock to illustrate the principles which
govern investment in common stocks
generally. Probably most authorities
would give the Atchison first place in
any list of railway investment stocks.
1t is one of the largest American rail
way systems. It's traffic is fairly we'll
diversified and the freight it carries
originates in so many different sec
tfons that the prosperity of the road
is not likely to be adversely affected
by any local depression. The man
agement, as the ratio between operat-
ing revenues and operating expenses
shows, is highly efficient. The road
has operated profitably for many
years. Like the l.. s. Steel Corpora
ton, which was analyzed in the pre-
ceding article. the Atchis0n has been
tested in times of depression as well
as in those of prosperity. This is one
of the most important points To be
considered in any study of the in
Vestment status of Il common stock.
Next, the capitalization of the Atchi-
son is very conservative. The funded
debt is less than the amount of the
capital stock. This means that there
are more partners in the business than
there are creditors. Moreover, the
large amount of stock in proportion to
other capital liabilities is an advantage
in that it takes a large percentage
decline in net income to make much
of a difference in the amount earned
per share of stock. Investors are often
deceived by statements showing that
large amounts are earned per share
without taking into consideration the
number of shares outstanding.
Another feature which applies TO the
shares Of all railroads equally with
the AtchisOn is that regular monthly
earnings statements are required un.
der the law and are published in all
the newspapers. Every holder of
Atchison stock can learn at any time
time whether net income of his road
is increasing or decreasing. The finan-
cial affairs of the railroads are mat
terS of public knowledge. Nothing is
done under cover. Finally, Atchison
preferred stock and AtChison bonds
are the highest grade investments of
their kind and are everywhere recog-
niZed as such.
Do not forget that Notwithstanding
all these highly favorable {. aracteris-
tics the common stock of the Atchi-
son varies in market price along with
other stocks. Every security which
can be bought and sold at any time
changes in price. The only perfectly
stable investment is one which has
no market
Evening star., 1926-04-21
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star Oaace
hold them, despite the declining tend

hold them, despite the declining tend
ency.
Activity in oil shares was more
pronounced, with special buying IN
shares of companies operating IN
South America. This was true OF
Creole Syndicate, Lago Oil ard Trans
port. Columbia Syndicate and CarlD
Syndicate, all of which We're higher
most of the time The potential pro
duction of this territory has attracted
the attention of a number of the
larger American companies interested
in the oil possibilities of lands center
ins around the Maracaibo Basin.
Standard Oils were up half point
to a point. Standard of Indiana got
above g., where it was up fraction
ally, and there was Il better demand
for New York Transit and Ohio Oil.
Shares OF electric refrigeration
companies were active and strong,
rejecting a better appreciation of the
outlook in this comparatively new in
duStry. Several issues moved up
sharply and Electric Refrigeration,
representing IL combination of three
of the prominent companies, enjoyed
the best market it has had for some
time.
Evening star., 1926-04-21
MINING STOCKS.
OUTLOOK is BETTER.
Chemical and Oil Trade Forecast
Is Largely Optimistic.

NEW YORK, April II CP).-Better
business than last year is expected in
the second quarter of 1926 by the
chemical and oil groups of industry
A survey by the Oil, Paint and Drug
Reporter showed that 38 per cent Of
the trade dealers considered the out
look better than year ago; SO per
cent thought conditions as good as
last year; 26 per cent that the pros
pect was not quite as good. The
weighted index of conditions showed Il
gain of 1.6 points from last year
Evening star., 1926-04-21
Strawberry Crops
Assure ShOrtcake
Supply This Year

by the Associated Press
CHICAGO. April 21.-No shortage
OF strawberry shortcake is expected
TINS season. Louisiana has the situa
ton well in hand.
strawberry production in four early
shipping States is forecast at 0,000,-
900 quarts, or two.thirds more than
last year, said a report today from
the Government Bureau of Agricul
tural Economics. About II 100000
of this~increase is in Louisiana, where
a total of II ,000,0 is expected.
Texas, Alabama and Mississippi
make up the remainder of the
30,O0O.OO0 quota. Louisiana reports
say Strawberries are wholesaling there
at $4.20 per 24-pint crate, against S.
a year ago.
Evening star., 1926-04-21
STEEL TRADE ACTIVE.
Capacity Operations Maintained by
Mills in Baltimore Area.

Special Dispatch to The Star
BALTIMORE, April 2l.-CaDacity
operations are maintained by steel
mills in the Baltimore district and
the indications are that this schedule
will continue for some time.
The important factor in the situa-
ton is the high rate of consumption
that has been maintained since the
first of the year. which warranted full
operations. Shipments to railroads
and construction sources are still of
heavy proportions, leaders in the in
dustry say. Can manufacturers are
operating their plants in full and
are specifying 100 per cent against
contracts for tin.
The Bethlehem Steel Corporation is
delivering tin on contract as fast
as it's mills at Sparrows Point can
turn out the product
Evening star., 1926-04-21
BRIGGS MFG. REPORT.

NEW YORK. April 81 R).-Net
profit of Briggs Manufacturing Co.,
for the first quarter of 1926, was
s2,947,342 after charges and Federal
taxes, equal to STAT a share on 2,003,
1875 no par value shares, against
S2,3S8,816 in the first quarter of 1925.
or $1.19 a share on 1,999,6SS shares.
Evening star., 1926-04-21
OFFICES OF THE
Lanst0n MonOtype Machine Co.

Philadelphia. April 10. 1926
Tne annual meeting of the stockholders Of
PANY will be held al the George Mason
Hotel. Corner Washington and Prince streets.
Alexandria Va, at II O'Clock noon. on
Thursday. the 9Th day of May. 1926. for
the purpose of clecting Il Board of Dlrec-
tors TO serve for the ensuing year and trans
acting such other business as may properly
come before the meeting.
Transfer books Will be closed on April 2G
at 4 o'clock D.m.. and will be reopened on
Nav ii at 10 O'Clock am.
BY order of the Board of Directors.
JOHN A. FERGUSON Secretary.
Evening star., 1926-04-21
Nickel Plate Earnings Gain.

CLEVELAND. April 81 R.-In-
creases in the net income for March
and for the first quarter of this year
were shown by the Nickel Plate Rail
road in an earning statement yester.
day. Net income for March was $1,132,-
8S9, an increase of 1852, 2,607. Net in
come for the first quarter was $2,631,-
$50, an increase over the same period
last year Of $1,050,636
Evening star., 1926-04-21
CAR LOADINGS GAIN.
Show Advance of 1.414 Over Last
Week-Top Last Year Also.

By the Associated Press
Placing freight car loadings for the
week ending April 10 at 929 sos, the
American Railway Association an
nounced that this was an advance of
| Ala over the preceding week and
an increase OF 1,l06 compared with
the corresponding week last year.
Merchandise and less than carload
lots. the association said. totaled
264, ,94S cars for the week. an increase
of 2.242 over the week before; coal,
l63.S97, an advance of 6.98S: miscel-
laneous freight. 339, ,SS9. a decrease of
$500; grain and grain products, 35,-
S92. a decrease of ,7S1, and live stock,
24,901, an increase of $50 cars.
Evening star., 1926-04-21
BY WILLIAM +. HEFFERNAN.
Received by Private

NEW YORK. April 21.-The action
OF stocks on the curb exchange to-
day gave close observers the i'm
preston that a good-sized short in
terest had been built up during recent
selling and that it was no longer as
sure of it's position as it had been
several weeks ago.
once the buying became aggressive
heavy covering orders appeared. re.
sulting in the most active demand for
stocks in many days. The demand
came chiefly from professionals.
1t was not surprising that sugar
shares should have benefited in the
days Improvement. Central Aguirre
was carried up a point to so and
Fa:ardo Sugar at 1872 compared with
the last previous sale of 1881.
Banking interests, who had been
successful in their enterprises with
other industries during the last few
years. are known to have transferred
their attention to the sugars. This in.
dlcated that sugar stocks, during the
recent decline, had gone from weak
hands into those who could afford to
Evening star., 1926-04-21
JAPANESE TEA RAISED.

NEW YORK, April 21 R.-Mftsui
and Co Ltd, have received a cable
message from the Japan Central Tea
Association. stating that the standard
grade of tea manufactured in Japan
has been raised 80 per cent over that
of last season to elevate the quality
for export to the United States.
Evening star., 1926-04-21
COTTON ADVANCES
+. ON WEATHER NEWS
Gains 18 to 20 Points in
Days Trading-LiverpooI
Cables Are Firm.

By the Associated Press.
NEW YORK, April 21.-CottOn fu-
lures opened firm. May, 1855; July,
1910; October. 1925; December, 1880;
January. 1919.
The market was firm today at an ad
vance of IL to / 5 points in response to
reports of heavy rains in the South
west and relatively firm Liverpool
cables.
May sold up to 1872 and October to
1888 before the end Of the first hour,
net advances of about 18 to 20 points
on covering by recent sellers and
fresh trade or commission-house buy
ing, particularly in the new crop
months. May was for sale at about
81 points over July, but on the whole.
offerings were comparatively light and
prices held generally firm in early
trading.
The weekly report of the weather
bureau said planting had not been ac-
tive the past week because of unfavor-
able temperatures, and that warm
weather was badly needed over viz
tually the entire belt.
New Orleans Quotation.
NEW ORLEANS. April 81 PD.-
Cotton futures opened steady. May,
1881; July. 17.51; October. 1853; De
cember, 1861: January 0927), 1854.
The market was firm, Liverpool be-
ing better than due, the weather in
the Southwest bad. according to the
map. and the weekly report bullish.
First trades showed gains Of IA to II
points and some new crop months ad-
vanced after the call. At the highest
of the early trading May sold at l7.9S.
July at 17.52 and October at 1853, or
16 to 90 points above Yesterdays close.
At the end Of the first half hour the
market was active and steady, with
prices near the highs.
Evening star., 1926-04-21
A Fool and His Money

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. Thousands
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., 1926-04-21
WORK FOR THOUSANDS.

Special Dispatch to The Star.
MINNEAPOLIS, April 21.-Rail-
way maintenance, farm work, reopen
ing of Great Lakes navigation, mining.
paving and other seasonal work soon
will afford employment for thousands
In this section.
Evening star., 1926-04-21
Washington Stock Exchange

Washington Gas 5s-S50O at 1902.
Potomac Elec. Pow. pfd.-20 at 107. 10
at l07. at 107. 5 at 1O7.
Lanston Monotype-10 at "a.
AFTER CALL.
Potomac Elec. Pow. pfd-5 at l07. ?
Money~CalI loans 5 and per cent.
Evening star., 1926-04-21

NEW YORK, April 21.-Following
Is an official list of bonds and stocks
traded in on the New York Curb Mar
ket today:
Evening star., 1926-04-21
LIABILITIES.
u. Capital stock paid in ....
10. a Undivided d'l!i ll!nirofitssii .aas .a5
h Reserved for. 2.1S5 90
S14.123.95
q Less current eX-
penses paid. 4.102 .0i

Less current ex-
De"''' 'a'0'' 1-o--o- 9.931 81
%. Certified checks outstanding 1000
20. Cashiers checks outstanding 2.766.04
To5al o55al OF items - 2S Zoe and nd
Demand deposits ,other than
bank depositsl subject TO
reserve deposits payable
- lndviGnal, II cbsd,. deposits subject os a-e Ga
2s. Certificates II G@ees of deposit due in O. 0''
:, -. than for money Borrowed $4,000
81. Dividends unpaid. ....... 11.OO
Total of demand deposits
tother than bank de
posits) subject to re;
s. sarve. items sSs, 81 e 4s1 and I'd ~
Time deposits subject 70 re-
serve payable after 90
Gays. subject TO 30
days or more notice and
o postal savings
33- Certificates OF deposit tother -
than for money borrowedD 5000 90
30. Other time deposits. ....... 1872 .117.0S
sHs9!sSi 81 snd 81 ssl FesffSs sfos s47os iss%s
above stated ........ 1874
Total ...........S5 $3.50 33
District of Columbia. City OF Washington.
I. j. EZRA TRoTH. cashier of the
above named bank, do solemnly swear that
the above statement is true to the best of
nv knowledge and belief -.
Subscribed and sworn sworn to ~ before f me- me thi.
(seaI3 wM. H. DORSEY.
Notary Public.
Gor1rs1ctTAttsst: G11,1 CT Ats
FRGbER1G FFRkGBAs " rERkkEf RKKEf- rARRrSerox.
Evening star., 1926-04-21
Prompt Action
First Mortgage Loans

Lowest Rates of Interest and Commission
Thomas J. Fisher & Company, Inc.
1888 10Th Street
Evening star., 1926-04-21
Bid and. Asked Prices.
BONDS.
MISCELLANEOUS
PUBLIC UTILITY

d. c. Paper Co. Mfg. 6s. :.... SO
Pot. Joint Stk. Lid Blk. 5s... l0I i
Southern Bldg. g " S.. 80. Jog
Wash Mkt. Cold Storage 5s.. %
Evening star., 1926-04-21
REPORT OF THE CONDITION
OF the
CONTINENTAL
TRUST COMPANY.

At Washington. in the District of Colum-
pa at the close OF business on April l.
Evening star., 1926-04-21


RESOURCES.
!. Loans and discounts in
Cludng rediscounts. accept
ances of other banks. and
foreign bills OF exchange
or drafts sold with the m
dorsement of this bank. 1921 oil SO
2. Overdrafts secured. SO. .04
unsecured S3S.41. 6445
4. U. S. Government securities
owned
b All other United States
Government securities Tin
Guiding premiums. if any 1J.S06.25
ties. t etc. '.'i......4.. 'o'NS 1O5 900 rs
9. Furniture and fixtures .... 5.476.12
Z. Real estate owned other
than banking house 49,. 80. .760 n2
due from national hanks. 72. 2s3 81
"a. Miscellaneous cash items. 1.239 ~
49, Other assets. 1876
Total S55o -16 ~
Evening star., 1926-04-21
REPORT Of CONDITION
OF the
CHEVY CHASE
SAVINGS BANK.

At WASHINGTON in the District of Columbia,
at the close Of business on April 12. 1926.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1926-07-24
S.P.WILL RUSH
WORK ONLINE
Extension Into Valley
To Be Completed
in Short Time

The Southern Pacific IL prepared
to rush work o. the extension from
Falfurrlas to the Lower Rio Grande
Valley, and direct connections be-
tween Edinburg and San Antonio are
expected to be opened as soon as
possible. This was the statement
made BY J. II. Tallichet. general at
torney for the Southern Pacific in
a telegram to the San Antonio Cham
Der Of Commerce Friday. Chamber
of Commerce officials estimated
that ninety days would be required
10 build the line. the company hav-
ing most Of the material ready TO
start construction work
In his telegram to San Antonio
Chamber Of Commerce officials Mr..
Tallichet stated: ut is our purpose
to rush work Of construction "a rap
idly as possible. and TO assure your
community such service that your
support will never be regretted"
An elaborate celebration on COM
pletion Of the new road probably
will be planned by the chamber for
San Antonio's participation, officials
indicated.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1926-07-24
DISTURBANCES AT
6. 0. P. PRIMARIES

FORT WORTH. July 24.-(Pl-
Some slight disturbances in the con
duct of the republicans first pri-
mary were reported TO Leonard
Wilmington, secretary of the state
committee. after the polls opened.
lie said none was more serious than
might be expected at any primary.
In one county judge and cleo
tion supplies were on the missing
list when the time for the polls to
open came, he said. Reason for the
judge being away had not been ascer-
tanned.
In Tarrant county, where Withing-
ton said last night the ballot boxes
had disappeared they were found
later in the night. Nine boxes were
missing this morning. Substitute
boxes were rushed to the precincts
Wilmington said his early reports
indicatee the plans for primary in
200 coIhties were being put into ef.
feet.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1926-07-24
CALL OFF RAILROAD
STRIKE in MEXICO.

MEXICO CITY, July 23.-CPl-
Withdrawal yesterday Of the gen
eral railway strike order in Mexi-
co. is believed to have been due
largely TO the intervention Of Pres
ident Gales. Before the official
notice Of withdrawing of the order
was issued the federal government.
in an edict. declared suspension Of
railway service would be considered
illegal.
The confederation of Railroad
Unions also instructed striking rail-
readers in Tehuantepec 10 return to
work. The labor department prom
ised the union IL would give new
and careful consideration to the de-
mands Of Tehuantepec workers. The
general strike had been ordered for
tomorrow to enforce demands Of the
Tehuantepec strikers.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1926-07-24
MYSTERY MAN
INNORRISCASE
is IDENTIFIED
Had No Connection
With Shooting Of
Chipps, District At
torney Asserts

FORT WORTH, July 24.-tP,-
Identity of the mystery man" in
the ease of Rev. DR.. J. Frank Norris,
charged with Staying d. F. Chipps
last Saturday, has been learned,
District Attorney Hanger announced
today. The man, however, had not
accompanied Chips to the church,
it was stated, and will likely be used
as a states witness.
Declining TO reveal the mans
name, Hanger explained that the
man had kept silent to avond pub
licity in the case. The man had gone
TO the church by himself. had not
known Chips, and had no connection
with the killing, Hanger said.
After the staying. members Of the
church said they saw another man
at the church with Chips. lie Is
supposed to have walked up the
stairways with him.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1926-07-24
HEAT.WAVEIN
EAST BROKEN
Fifty Deaths in "a
Hours Bring Total

NEW YORK. July 24.-CPD-A
four-day heat wave in the New Eng
land and Middle Atlantic states,
ameliorated Thursday by storms, to-
day had claimed nearly $50 lives.
Fifty deaths were added during
the past p hours There were 10
in New England, Is in New Jersey,
0 in New York City and in New
York state. Among the New York
victims were John Watson Dixon,
lawyer and president Of the Yale
club and Harry Anson Moody. a
former official OF the F. w. Wool
worth company.
Showers in many localities yester-
day lowered the temperatures slight
lv but made the atmosphere oppres-
sive. The high marke in New York
was 81 or ten degrees less than the
maximum Thursday.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1926-07-24
ASK PERMIT
FOR MERGER
Application of Three
Southern Roads
Before |. c. G.

WASHINGTON July 2l.-(P,-
Authority to merke the Kansas City
Southern with the Missouri. Kansas
& Texas and the st. Louis South
western by stock purchase ar
ranEement was sought III two appli-
cations filed today with the Inter
state Commerce Commission.
One application, filed by the Kans-
as City SDIthern. sought permission
to acquire control Of the Missouri
kanSas-Texas, and the other. filed
BY the latter road, asked that il be
permitted To take over the It. Louis
Southwestern. Each sought permis-
sion to gain control By purchase Of
stock. No consolidation was con-
templated. il was explained.
Declaring il already owned $4,000
shares Of the Katy's common stock.
the Kansas City Southern proposed
TO acquire Dy purchase or exchange
enough additional shares to ~on-
stitute at least a majority OF the
issued and outstanding capital
stock.
The Katy proposed to purchase
from the Kansas City Southern 1885,
COO shares Of preferred and 10000
shares Of common stock OF the St.
Louis Southwestern, pursuant to an
agreement entered yesterday by the
Katy, Kansas City Southern. and the
Central Union Trust company Of New
York. II also proposed to acquire
enough additional shares Of pre-
ferred and common stock to consti-
tute a numerical majority and to
purchase from the Kansas City
Southern a. reduced prices certifi-
Gates og st. Louis Southwestern
shares formerly held by the Rock
Island.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1926-07-24
ROUGE, POWDER, FALSE
TEETH ARE 'SORCERY'
= + x
UNDER LAW OF FRANCE

PARIS. July 2I.-tPl-There is
still a law on the French statute
books although not enforced. that
imposes q penalty on women who
beguile men into marriage by
means Of rouge. powder, perfumes,
and similar feminine aids.
Whosoevcr attracts into the
bonds Of marriage any male sub
iect Of His Majesty. by means of
rouge or powder. perfumes, false
teeth. false hair. steel corsets,
hooped retticoats. high heels or
false hips, will be prosecuted for
sorcery and the marriage will be
declared null and void, if the ac-
cused is convicted"
This law. passed by the parlia-
ment Of 1870. is still on the
French statute books and could be
appealed TO By a present day
complainant.