davidaulloa/AmericanStories huggingface dataset:
Evening star., 1926-12-04
COMMODITY NEWS
WIRED STAR FROM
ENTIRE COUNTRY

GREENVILLE, n. H, December
l4.-Owners of the Columbia Mill, the
only cotton mill in this vicinity, have
decided to close the plant.
RAYMOND, Alberta.-The contract
price of sugar beets has been in
creased from 1918 to $6.25 a ton for
southern Alberta beet growers. Beets
which last year averaged 14.41 per
cent sugar content this year run 16.43
per cent.
DETROIT.-Dr. w. o. Hotchkiss,
president of the Michigan College of
Mines, will ask the next State Legis-
lature for a $4,000 appropriation to
study new methods Of treating low
grade iron ores. michigan" he said,
"has millions of tons of ore contain
ing so to 35 per cent iron and SO per
cent silica. The problem is to find
an economical way Of reducing the
silica and saving the iron. Experts
state high-grade Michigan ores will
be exhausted in Is years"
LANCAS ASTER, Pa.-Lancaster
manufacturer turned out 16,045,385
cigars in the last month under spur
Of the Christmas demand. This was
over 500 900 more than were produced
in the corresponding period last year.
TULSA, Okla.-New locations in the
Oklahoma oil fields in the last week
totaled 1923. The Seminole field re-
ported the largest number with "a.
Evening star., 1926-12-04
5O,OOO.OO0 STANDARD OIL LOAN
IS BIG FINANCIAL ACHIEVEMENT
Stocks Withstanding Of Bad News, Rise in
Franc and Fall of Cotton Prices
Feature Week.

have not been a factor at all. Nobody
sold any stocks on the idea that the
little money upturn foreshadowed
restriction in credit, and NOBODY
bought any stocks later in the week.
because the expected happened ana
money rates came down.
The steel trade has come in for
good deal of discussion, especially at
er the estimate quoted by the iron
Age that the steel mills might run
down to so per cent Of capacity before
the current reaction runs its course.
This suggests a sharp variation from
the average of over 80 per cent as It
stood in October. How much Of this
represents merely a seasonal loss and
how much a decline which will not be
easily regained next year, Is a ques-
ton.
The impression in quarters which
are not carried away either on the
side of optimism or pesslmlsm is
that the steel trade will pick up IN
the early part of the year, but VIII
not get back by any means its lost
ground. In other words, the steel
outlooked for 1927 is for a moderate
degree of we'll being, but lessened
activity as compared with the year
before.
The fall in cotton to the years
minimum again raises the question
of how much the buying power or
the South will be affected and how
this will react on general trade. Out
side of New York City, where specu-
lative business counts little, bank
clearings fell off during the week
over 4 per cent from year ago.
Franc Advance Orderly.
There has been no excitement &C
commanding the rise in the French
franc: no collapse of a bear specula-
ton like there was in March, 1924.
The advance has been orderly, but II
has been persistent enough to denote
an insufficiency in the supply as corl-
pared with the demand. French In
dustry, having adjusted itself to a low
basis for the franc, does not relish so
sudden a change. But so far no
efforts have appeared to check the
upward movement.
Rates are going up because french
capital. exiled or concealed IN nome
investments, is anxious to get back
it's paper currency holdings. There
has been no further talk of StablllZa-
ton along artificial lines like that put
through in Belgium. Guesses as to
what the stabiliZation figure might be,
supposing one were planned, have
proved invariably wrong.
Evening star., 1926-12-04
BY STUART p. WEST.
I;,T nie~a@oA 20 Tho Cfar

NEW YORK, December 4.-Review
ing the financial markets of the week,
the features which stand out prin
cipally are the ability of stocks tc
withstand trade news which has been
anything but favorable, the success
full Offering of the $50 100000 Standard
Oil Of New York loan, a notable
achievement because 1t was put OUT
on a lower inerest basis than any
thing attempted previously this sea
son; the rise to the highest point or
1926 in French francs and the fall to
the. lowest in 1926 in cotton prices.
These are a collection of episodes
interesting by themselves. but involv,
ing little difference in the financial
position Of the week.
The stock market has been genu-
inely strong, but without any signs
of bursting into a big speculation,
fond Of predicting. Taking the main
body Of the list, the net changes of
the week have been remarkably
small. The ascendence of the upward
movement has been manifested rather
in the strength of highly speculative
induStrials, few of the rails and
most of the oils. There has been moth
ing like a general forward swing, and
it does not appear at the moment as
if the market will do anything more
than continue with it's operations in
individual stocks and groups Of stocks,
while others which have stopped 60
ing up are being distributed.
Bond Market Revives.
The Standard Oil of New York bond
transaction enlivened the investment
market at the end Of the week after
it had passed through a period of COM
parative dullness previously. Here was
a. successful bid for capital at a lower
yield than offered on any flotation OF
equal rank this year. AS such 1t en-
phasized the ease in money condt-
tions and the belief In banking cir
cles that low rates would continue in
definitely.
The December 1 interest and d1vl-
dend disbursements required the tenn
porary withdrawal of considerable
sum from the market, and call money
was quoted at one time as high as
s u per cent, but as soon as the funds
were returned rates slipped off to the
Az per cent level, where they had
been before. The call money fiuctua-
tions, while they have been talked
about as if they were an influence.
Evening star., 1926-12-04
NEW YORK CURB MARKET
Received BY Private Wire Direct to The Star Office

figures of 97%. The New Jersey issue
continued to be dealt in around the
102 level. but made no further prog
ress.
A number of strong spots developed
in the public utility group, special
buying of American Gas and Electric
carrying the price to III for gain
of almost points from the previous
final. American Light and Traction
had another of its characteristic run
ups, getting to 237 at one stage,
where it compared with the Friday
final Of 1924.
Gillette Safety Razor and DeF'orest
Radio were responding to executions
of favorable fourth quarter results,
and short covering following the re-
cent decline in ServEl Corporation
carrying the price back across the 3
level
Evening star., 1926-12-04
Sales INDEPENDENT OIL STOCKS.
in hundreds
EVERYMAN'S
INVESTMENTS
Extreme Diversification.
BY GEORGE r. HVGHES.

One result of the facilities which
have been provided for buying and
selling odd lots on the New York
stock Exchange is to make it possible
for the investor to practice extreme
diyersification. 1t is just as easy
TO buy one share Of listed stock as
il is to buy 80. The commission per
share is lust the same. 1t is just as
easy to sell one share as it Is to sell
%. The cost is proport!onately the
same. The smaller order is executed
lust as promptly and with just as
much care as the larger. There is
absolutely no difference in this re-
spect.
This is a very real advantage. There
is no reason why. if one is inclined
that way, he should not take one
share of stock in 10 different COM
panies instead of 10 shares in one
corporation. The system works out
SO that investment of odd sums Is
easily accomplished. Most people
think of buying securities in terms of
500 or of 81 .000, but suppose one has
500 to invest. He may buy seven
shares OF a stock selling at par with
every assurance that he can turn his
holdings into cash later on just as
readily as II he nelO ~ SnareS or 1Vu
shares.
OF course, an investment fund split
up into one-share lots is carrying
diversifcation to an extreme. If the
sum involved is in any way large, it
means keeping in touch with the af
fairs of a great many different bust
ness organizations. The compensation
is the insurance against loss which
nT
chaSes.
Dealings in these uneven lots. seven
shares, 70 shares or whatnot. are
practically always investment trans
actions. The small speculator buys
or sells a minimum of 10 shares. II
he wishes to trade in a larger amount,
he increases his order by five shares
or multiples Of five.
SCopyTaghA 1926l
Evening star., 1926-12-04
COTTON MARKET EASIER.

NEW YORK, December a P).-An
easier tone has developed In the cot
ton market during the past week. De-
clines have been held in check from
time to time by the execution of scale
down buying orders, but there has
been considerable pressure attributed
to Southern hedging with liquldation
of old long accounts, and offerings pc
came rather more urgent yesterday
after the publication of private crop
report pointing to yield Of 19, 9,115.Ooo
bales.
Evening star., 1926-12-04
MERGER MOVES SEEN.
Important Developments Expected
in Nickel Plate Project.

NEW YORK, December 4 P).-Im-
portant developments in the Nickel
Plate merger project are expected to
take place at conferences between the
Van Sweringen brothers and their as
sociates here within the next week or
so, Wall Street heard yesterday.
Work on a revision of the consolida-
ton terms has been progressing stead
lily, and the changes now are under
stood to be taking definite shape.
Reports that the entire project was
about to collapse were discredited by
bankers in close touch with the situa-
ton.
Evening star., 1926-12-04
TUNNEL Is OPENED.

BOSTON, December 4.-The traffic
of the Boston and Maine Railroad
which has been routed around the
Hoosac tunnel for some months. is
now passing through that bore, which
has been enlarged to accommodate
the largest size freight cars. About
IS per cent cf the total freight bust
ness of the road will now pass over
this route.
Evening star., 1926-12-04
BouRsE PRICES UNSETTLED.

PARIS. December 4 @.-Prices
we're unsettled on the Bourse today.
Three per cent rentes, 49 francs IS
centimes. Exchange on London, 121
francs 40 centimes. Five per cent loan,
"a francs 35 centimes. The dollar was
quoted at "a francs 95 centimes.
The franc opened at 25.46 to the
dollar and 1880 to the pound sterling
and closed at 24.95 and 121.40. Yes
terday's quotations were 1882 and
1o490
Evening star., 1926-12-04
New Orleans Market.

NEW ORLEANS, December Up.
Cotton futures opened steady; Jan
uary, 1877; March, 11.S1; May, 1l.9o;
July. 1910; December, 11.65.
The cotton market opened steady
here today with Liverpool cables
better than due and first trades show
ing no change to 2 points decline. Ihe
market soon turned easy in active
trading on a renewal of hedge selling
and on unfavorable spot news from
the interior, it being claimed that the
demand for the actual has dlmlnlsneo
whereas offerings have increased. DE.
cenber traded down to 1859. January
to 11.58, and March to 11.12, or to
13 points under yesterdays close.
New Orleans cotton futures closed steady
NJ not advance of IL to II points.
Evening star., 1926-12-04
Liverpool Quotations.

LIVERPOOL, December 4 P)-
Cotton spot dull; prices easier. Amer
fcan strict good middling. 7:3O; good
middling, 695: strict middling. $50;
middling, $40; strict low middling,.
$50: low middling, 5.35; strict good
ordinary, 800; good ordinary, 4.S5.
Sales, 5000 bales. including l,ooO
American. Receipts. 20,100 bales. all
American. Futures closed steady.
December, CIT; January. 6.36; March.
6.35: May GAG; July. 6.56; October,
6,66.
Evening star., 1926-12-04
ISSUE QUICKLY TAKEN.

NEW YORK, December R.-
Public Offering today of $50,000,0O0
Standard Oil of New York 25-year Az
per cent debentures was quickly over
subscribed, it was announced by the
syndicate headed by Dillon, Read &
Co. which handled the transaction.
Evening star., 1926-12-04
COTTON IS STEADY
At OPENING TODAY
New York and New Orleans
Markets Stable on Liver
pool Reports.
By the Associated Press.

NEW YORK, December A.
Cotton futures opened steady. Decem'
ber, 1190; January, 11.62; March,
11.S5: May, 1908; July. 1890.
Renewed liquidation and Southern
hedge selling marked opening deal
ings in the cotton market today.
First prices were steady. with De-
cember l point higher In response
to relatively steady Liverpool cables
but other months were to 10 points
lower. The decline soon EXTENDED 10
11.55 for January and 1902 for May
or about 10 to IL points net lower
on the more active positions.
Trade buying was slightly more IN
evidence at these prices, while there
was also considerable covering by
recent sellers, which steadied the
market and caused rallies of to .
noints from the lowest by the END OF
the first hour There were reiterated
reports of an easing spot basis IN
some of the Southern markets.
A Liverpool cable said the decline
there had brought in covering by
shorts and continental buying.
Now York cotton futures closed steady al
,ot odyanna of g to 10 points.
Evening star., 1926-12-04
BY WILLIAM F. HEFFERNAN.
Special Dispatch to The Star.

NEW YORK, December 4.-No
change was noted in the speculative
character Of the Curb Market trading
IN the closing session of the week.
The important changes again took
place on the side of advance. but in
a number of instances the high prices
attracted weekend realizing sales
which carried some of the speculative
favorites down from their highs Of the
present upturn.
Interest again centered in the move
ment Of the new Standard Oil bond
issue. Yesterdays buying of both the
New Jersey 5s and the New York 41as
appeared to have satisfied the dema nd
at least for the time being, and the
latter dropped back to the subscription
Evening star., 1926-12-04
COTTON GOODS WEAK.

NEW YORK, December 4 (Spe-
ciaD Cotton goods markets were
weak at the end Of the week, print
cloth prices easing off an eighth of a
cent to Ga cents for 64x60's and IA
for 68x72's. Demand was light. Raw
silks were steady with demand mod
crate.
Evening star., 1926-12-04
SERVICE COMPANY REPORTS.

NEW YORK, December 4 R)-
Engineers Public Service Co. reports
consolidated gross earnings OF S2o,-
O44.959 for the year ended OCTOBER 81
win balance OF S5,24O,O70 available
for reserves and dividends on the pre-
ferred and common stocks. A
Evening star., 1926-12-04
POULTRY PRICES STEADY.

CHICAGO. December 4 C0.-Poul-
try. alive. steady; receipts, cars;
prices unchanged.
Evening star., 1926-12-04
Have You Been Stung Yet?

Some men have to get stung good
and hard before they learn to be eau.
tious IN making investments. Before
you invest-inveStigate!
Evening star., 1926-12-04
RUBBER OPENS IRREGULAR.

NEW YORK, December 4 R).-
Rubber opened irregular: smoked rib
bed sheets, December. unQuoteds
March, $500; May 38.80s
Evening star., 1926-12-04
INDUSTRIALS.
Sales

Following is a list of bonds and
stocks traded in on the New York
Curb Market today.
Evening star., 1926-12-04
FOREIGN EXCHANGE,
Quotations furnished by w. B. Hibbs & CO..
Nominal Selling checKs
TREASURY CERTIFICATES.

Quotations by j. & W. Seligman Coz
Evening star., 1926-12-04
MINING STOCKS.

Sales IN MININN SIONho.
hundreds. 80
5 Cons Cop Mines 3as rs 3H
/ Eng Gid 1t. 37s 39s 3Ps
SS Falcon l. Min. So S3 SO
30 Est Thought NJ .0' .0:} .O3
10 Forty Nine NJ. .OS .OS OS
10 Golden Cen M. lSs s2
10 Goldfd Cons. OF .07 .01
80 Hawthorne NJ .0S .OB OS
96 Kay Copper Cor = 4 -! y
. Eewm0nt Min. IA "a ~ a Ss
Nipissng ..... 6as 6as 0as
3 Noranda ...... POS 2Ow 20 ~
10 Ohio Cop. .... .35 80 .35
Premier Gold NJ
10 Red Warrior -. .07 .07 .01
so Reorgau West d .04 .O3 O3
10 san Toy ..... .06 .06 .06
. Tecll Hughes. 47s 41s IA
. Tono Min. .... 3a4 3& 3&
Is Uni East Min. 80 40 80
3 Utah Apex. 5S 5sH On
- Wenden Cop. -. 27s
Evening star., 1926-12-04

Now York cotton futures closed steady
aat aauannn Of 6 to 10 points.
Evening star., 1926-12-04
Uo1narrrl Wolf &anas vom G0edM
NN9 SR52

TT TOOK more than
i half a century for
Goethe to form and
reshape his ideas and
gradually build up the
magnificent poem-play
"Faust" - the crowning
literary glory of a life
filed with literary glory.
Perseverance is an ad-
mirable quality. Calm
judicious thinking and
then unrelenting pre-
gression toward the goal
In the drive for finan,
cial success there are
two places here oerse-
verance must be applied
in earning and in say
ing. It is not enough to
win the reward-you
must hold it also. And
so the First Mortgages at
61% offered by Swart-
zell, Rheem and Hensey
Company have proven the
ideal investment for those
looking forward to a com.
Portable old age. for they
are safe and offer q reg 4
ular liberal return.
This comforting invest
ment is now available for
Hou.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-10-11
A FEW CHANGES FOR
STOKOWSKI'S BAND"

The Philadelphia Orchestra. Leo
pold SEoxowski, conductor, in
augurated its twentysseventh season
in Philadelphia last week. On
Tuesday afternoon. October 26, 1t
will play the first of its five Wash
ington concerts at the Washington
Auditorium.
All summer, at the "Sesqui," the
Philadelphia Orchestra has played.
under several noted conductors,
wa DIR. Stokowski conducting dur
ing the last two weeks. For this
reason the ensemble at the opening
Of the season is expected to be as
smooth as it usually is in the mid
die of winter activities.
The changes in personnel are
fewer also. than in previous years.
They are five in number. including
the concert master and the first
'cellist. Michel Gusikoff. American,
Ia the new concert master. He was
formerly OF the ST. Louis Orchestra
a pupil of Franz Kneisel. whose
J other Is a 'celIist in the Philadel-
phIa Orchestra and whose family
has been distinguished in musical
activities for over a century
Willem Van den Burgh is the new
first 'cellist and. like his prede.
cessors, a Hollander by birth and
a former member of the San Fran
cisco Orchestra.
Four out Of the five Washington
concerts will be under the leader
ship of DIR. Stokowski. The guest
conductor at the fifth concert will
be announced later.
Rachmaninoff as soloist In the
first performance here Of his latest
piano concerto. will give it's world
premiere a few days earlier in
Philadelphia. Altogether there will
be 102 concerts during the season.
Washington's concerts will be
given in the large Auditorium. Sub
scription tickets are now on sale at
T. Arthur Smith concert bureau,
1890 G ST.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-10-11
ADVERTISER EMIT
KEEP LOOKING YOUNG

The secret Of keeping young is to
feel young-to do this you must
watch your liver and bowels
there's no need of having a sallov
compleXion-dark rings under your
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face-dull eyes with no sparkle.
Your doctor will tell you ninety
per cent of all sickness comes from
inactive bowels and liver.
DR.. Edwards. q well.known physi-
clan in Ohio, perfected u vegetable
compound mixed with olive oil as a
substitute for calomel to act on the
liver and bowels, which he gave TO
his patients for years.
DR.. Edwards Olive Tablets are gentle
In their action yet always effective
They bring about that natural buoyancy
which All should enjoy by tonlng up the
liver and clearing the system of impuri-
ties.
DR.. Edwards Olive Tablets are known
by their olive color. 15c. 3Oc and soc.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-10-11
UKRAINIAN CHORUS
COMING HERE AGAIN

The Ukrainian National Chorus,
that famous human symphony" IN
der Alexander Koshetz, is making
its third tour Of the United States
and will come to Washington on
Sunday. October "A, at the Wash
ington Auditorium.
This is the chorus-a picturesque
group in their native costume-Who
have written new standards into
choral singing, have stimulated the
unaccOmpanied choral singing in
America, have brought with them
something we do not know. in folk
music. in orchestrated arrange
ments," and above all in the rare
deep basses. a voice like a cello
that only belongs to Russia. of
which the Ukraine was formerly q
part.
Today. Alexander Koshetz is using
American as we'll as Ukrainian folk
songs on his programs. He has
studied the songs Of the North
American Indian, the American
negro; also the songs OF the South
American aborigine When sung as
this great chorus sings its own
native songs, with all the fire and
rhythm and feeling for poetry which
is their inheritance. American audi
ences may expect a revelation little
short of thrilling.
Those lovely Ukrainian songs they
will bring to us again-cOlOrful
canticles with mystic visions of the
East; carols, half-Christian, half
Pagan, sung beneath windows at
Christmas and New Year. Their
Spring songs are unique. belonging
to the dance festivals Of the village
annual celebrations. They make
musical history, the Ukrainian
Chorus. And with them they bring
Max PolakOff, brilliant young
American violinist. as soloist The
concert is presented by William A.
AlbauSh of Baltimore, through the
T. Arthur Smith concert bureau.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-10-11
Higher Than the WooIworth Tower

The Woolworth Building in New
York City. which towers 1872 feet
above the street, is the highest
building in the United States.
II all the bottles of Lydia f.
Pinkham's Vegetable Compound
sold in 1925 could be placed end to
end, they would make column
as high as the Woolworth Building
And there would be enough left
over to extend from Lynn. Massa
chusetts to Cleveland, Ohio.
In every little village as in every
thriving city along the route. there
are enthusiastic women who are
glad to tell others how much Lydia
r. Pinkham's Vegetable Compound
has helped them.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-10-11
A ':DIPLOMAT" OF FUN
IN CONCERT SERIES

Will Rogers promised appearance
at Memorial Continental Hall on
the evening of Saturday, Deem
Der II, in conjunction with the
De Reszke Singers. under the
local management of Mrs. Wilson.
Greene, will find Congress in ses-
sion. Rogers is expected to make
this lecture" the outstanding event
of his season tour as an enter
tainer.
Rogers series of letters from
abroad, in which he appointed him
self ambassador to the "Dissatis-
fled" states of Europe. as we'll
as his recent overnight visit to
the White House. will lend unusual
interest to his coming evening
appearance, which will be one Of
five similar evening attractions that
Mrs. Wilson-Greene will give at
Memorial Continental Hall, u. A.
r.. this season. Others to ap-
pear there are Tito Schipa, enor;
the English Singers, and Ossip
GabriloWitsch; Dusolina Giannini.
and the Cincinnati Orchestra.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-10-11
CHALIAPIN'S TROUPE
HAS FAMOUS HIDALGO

Mrs. Wilson Greene has just an
nounced the personnel Of the opera
company that will support Feodor
Chaliapin. the great basso, when
the famous Russian brings to
Washington early next month his
cast Of principals and chorus with
orchestra Of 35 for a performance
OF Rossinis Barber Of Seville. "
This performance on Thursday
afternoon. November 4, at Polls
Theater at $3.50 o'clock. Is the
first concert in Mrs. Wilson -Greene's
brilliant Artists Course of CON
certs, which includes the Boston
Symphony Orchestra, Rachmaninoff.
Jeritza and a joint recital by Eliza
beth Rethberg and Lawrence lib
bett.
Elvira de Hidalgo. the Spanish
star Of the Metropolitan Opera
Company. will sing "Rosina" in
Chaliapin's performance. a role In
which she created sensation at
tho Metropolitan last New Year
night.
Georgia Durando, eminent bari,
tone. who has appeared In the
worlds most famous opera houses.
will sing the same role at Polls
next month.
Joseph Bobrovich. young Lithu-
anian tenor. and regarded as one
Of the operate finds OF the year,
will have the role of "Almaviva"
to Chaliapin's Don Basilio." Bo-
brov'ch has been likened to Tito
Schipa. famous lyric tenor OF the
Chicago Opera Company.
Marguerite Cobbey, young Amer
'ran colnra turn Of Fresno. Calf,
"ho is making her first venture
into genuine grand opera. has hssA