davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-12-24
COTTON RANGE
Promised a Ring, Girl
Sues Broker for 500. 900

NEW YORK. Dec. a. = Joseph
Edward Walsh, a stock broker. said
in court papers to be associated
with the firm of Frost & Co., lis
Broadway, was sued AZ 100000 by
Miss Katherine Tormey, %, a mil
liner. of so Union St.. Jersey City.
Miss Tormey, in an affidavit, says
Walsh led her to believe he was
unmarried and promised her a ring.
She charges he later attacked her
and subsequently Informed her he
already was married.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-12-24
SLAYER GETa 1e YEARS

HAGERSTOwX, Dec. 24.-After
motion for a new trial had been
withdrawn, George Wingie Thomp'
son, one armed Martinsburg beggar
convicted by a jury of Staying Ken
dali, truck driver, on the street In
Hagerstown shortly after midnight
October 8, was sentenced to Is
yearS in the penitentiary. Kendall
was found dying on the streets
with II stab wounds.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-12-24

Mounted upon a curved base that
fits a depression in it's foundation.
q building has been designed by a
German architect to Withstand earth.
guakes and shocks from blasting.
New Britain herald., 1926-05-21
MORE THAN 4,OOO LAWS
 PASSED DURING YEAR
This Includes Actions of Ten State Legislatures With Louisiana
 Incomplete

Washington. May 21 LPl--Despite that this is an off year in the indus try, the production of new laws has been going on at high rate.
 Legislatures in 10 states have dis posed of more than I3,000 bills. enacting 4,1G0 Of them with the Louisiana output yet to be recorded and New York and Massachusetts returns incomplete. These figures compare with 15.000 bills and 3,S7S laws in 1924, the preceding off year Last year when forty legislatures were in operation, 39,000 bills yield ed more than II, 1000 new laws.
 Michael J. Hickey, secretary of the national industrial council, the ad- visorY committee of which is meet ing here, assembled the statistics. He credited New York with holding ''its dOuhtfully preeminent leadership" !" followed in order by Rhode Island, Virginia. Massachusetts, South Caro- lima, Mississippi. New Jersey, Ken tucky, Washington, where the 1925 session extended into 1926 and Georgia, which had only brief special session.
 From an industrial and business viewpoint" he said, the volume and general character of proposed legis- lation offered in New York session gave a vivid example of a "1egisla- iF,y1 a-S.y +g ,t.t, effects of which were only averted by D last minute sense of reason which soized the legislators themselves.
New Britain herald., 1926-05-21
MORE DELAY EXPECTED
 ON FARM RELIEF BILLS
Leaders Doubt Whether Measures Win be Ready for Final Ac-
 ton Before Next Week.

Washington, May q t49 -- All three of the farm relief bills with which the house has been wrestling were finally in position today for passage, but leaders doubted whether action disposing of them would be taken before tomorrow or even later.
 Reading Of the Haugen price stabilization bill for amendment was completed late yesterday and the Tincher credit measure and Curtis-Aswel commodity marketing proposal immediately were offered as substitutes, under the special rule allowing this unusual proce- dure. This opened the way for reading of the two substitutes for amendment. which may occupy two or three days.
 Representative Aswen, democrat. Louisiana. announced just before adjournment that he would offer an amendment to the bill of which he is co-author. to authorize ap- propriation of $140,000.000 for farm loans. The Tincher measure carries $1OO,00O.00o for this pur- pose. In view of recent conferences between the Tincher and Aswell forces in an effort at compromise. the Aswell amendment is taken as evidence that Tincher support will  swing 10 the other bill.
 At present, the Curtis-Aswcll bill calls for an appropriation of only $10,hq0.n0n 10 be loaned 10 farm organizations for administrative purposes under the national sys- tenn of commodity marketing. Sup porters Of the Ttncher bill arc un- derstood 10 have no objection to he framework of tho other meas ure, but under the special rule governing consideration Of the three proposals, il was impossible 10 offer an amalsamated hill.
New Britain herald., 1926-05-21
Leaves Hospital After
 Four Months Treatment

Mrs. Ann Smith, wife Of City Hall Superintendent William E. Smith. WAS discharged from New Britain General hospital yesterday after tour months treatment for frac- turc of the hip, sustained in fall on the stairs in the city building,
New Britain herald., 1926-05-21
DENTAL SOCIETY ELECTS
pr. William I,ciJ>in Chosen Prc>i- dent at Annual Business Meeting and Banquet Last Evening.

The annual banquet and election of officers Of tho New Britain Den~ tal association was held last night in inc Burritt hotel Dr. William A"ikin was elected president
 Other officers elected were: Vice president. Dr. B. l.. Protass; sccrc- lary, pr. Henry J. Cieszynski; treasurer Dr. George F. Stearns; executive committee, Drs. Clifford
New Britain herald., 1926-05-21
EASY WORDS PROVE
 HARDEST ID SPELL
Old Familiar ''Friends" Are Concealed Stumbling Blocks

Three and half days more and the finals for the city spelling cham pionship will take place. Four eve- nings to study to see who will rep resent New Britain at the national spelling contest in Washington for one whole week from Monday morn- ing until Saturday afternoon, June 1 to 19 inclusive.
 Friday evening, Saturday, Sunday sud Monday left in which to prepare for the big battle at the Lions club meeting and luncheon on Tuesday. Who Is going to win? Nobody knows. There are Il girls and eight boys entered. Only one will go to Washington as the guest of the Herald. Will it be a boy or a girl? Win 1t be Dick" Weed of the Lin coin school or Bobby" Barrows of the Central Jr. High? Or will ii be Anna Murphy of the St. Mary's school or Claire Reneshaw of the Monroe? Maybe it will be Frank Sacharko Of the Bartlett school or Oscar Steege of the St. Matthew's school. Or possibly Walter Zolynia Of the Washington school; Henry Peck, the boy with the smile" from the Chamberlain school; Alba Ot- tavi from the smalley school. Mary Zyjewsld of Nathan Hale, Aldona Sylvester of the Smith school, Lillian Erickson Of the Rockwell school, Edith Kroner of the Northend school Edward Baranowski of the Putnam school, Afford Bengston of the Camp school, Barbara Lasher of the Stanley school, Genevieve Zam- oyski Of the EHhu Burritt Junior high school, Elizabeth Glastetter Of st. Joseph's or Helen Riegaj of the Sacred Heart.
 There are 19 of them, each one the champion in his or her school, each one confident that he or she will have the promised trip to Wash ington. Each one will receive his or her photograph as a gift next Tues day. Each one to be the guest of the Herald at the Lions club lunch con Tuesday noon. One of the group will go 10 Washington, properly chaperoned hy man or woman. A whole week Of sightseeing will fol- low at the nations capital. Nine teen school teachers have decided they know who will go. each of the 1a is positive he or she can pick the winner. But they have made 19 diff ferent guesses. Each teacher feels sure the honor of winning the city championship will come to his or her school,
 Here is a secret-the words will be easy ones. But don't feel too sure that you cant miss. It is the easy ones which cause the slip. Here are the words which wrecked the hopes of some New Britain boys and girls:
 Ehubarb. fourth. diet. field, barrel, shipping, build. telegram, account faE. sore. buried, certain, grief, knew, a,uctite, bowling. plaintiff, poultice, e .aaue.
 The list which decided the ma tnnai contest last year started with .tr~cl;" and dawn and the hardest
 & newspaper" The second list n4 selected from sixth and seventh -~1- sDellers.
 The lists to be used in Washing on will be kept secret, They will ta drawn up by Dr. B, F. Bucking- ham and Dr. F. !. Ashabue. both of tho Ohio State university, and Ernest Horn of the Iowa State uni- cersitv.
New Britain herald., 1926-05-21

All photos by Johnson x Peterson
New Britain herald., 1926-05-21
CAPTAIN BETS FREED
American Army officer Held Prison CT by Chinese Bandits k Given His Liberty.

Peking, May q lf-After two days in the hands Of bandits in northern Yunnan province, one Of the most remote parts Of China. Captain Thomas J. Betts. United States army, Is again free. the American legation was informed to- day.
New Britain herald., 1926-05-21

tralian treaty, the general tariff rat on meats was increased hy from . 10 3 F cents q pound. To give efIcc' 10 the Canadian-W West Indies treaty a duty of 5n cents bunch on bana- mas imported through any but Can adian seaports also is imposed.
New Britain herald., 1926-05-21
INCREASED TARIFF RATES

Ottawa, May T P}-Budget pro- posals increasing the Canadian GUS toms duty on fresh meats and on bananas coming through the United States have passed the house or commons in committee stage. To give effect to the Canadian Aus
New Britain herald., 1926-05-21

w. Vivian, Charles F. Erickson and Sidney w. Rothfeder.
 Captain Harry Haynes, manager of the New Britain Credit Rating Bureau. addressed the meeting.
New Britain herald., 1926-05-21

M $. Myers, United States consul at Yunnan-Fu, telegraphed the le- gation he had been advised that the bandits had released their prisoner on May t9.
 Captain Betts, attached to the legation for study of Chinese, was making q journey from lndo-China to the Iangtze across one of the districts of China least travelled by foreigners.
New Britain herald., 1926-05-21

Information travels slowly in China, evn by telegraph, and Yum nan is the most remote province from Peking, Hence, it appears that Captain Betts was freed before the American legation was informed of his capture and began to seek his release.
Evening star., 1926-11-06
EVERYMAN'S
INVESTMENTS
Borrowing by "ShOrts."
BY GEORGE T. HUGHES.

In the preceding article the opera
tion of selling before buying as it ap'
plies to stock was discussed. The
process is known technically in Wall
Street as going short" of the market.
A short is one who has sold some
thing he did not own because he be-
Iieves he can buy it back cheaper later
on. He is the opposite of long.
who always buys before he sells. The
bulls are the longs and the bears are
ehe shorts.
Now as we have been in order to
S'go short" of q stock the seller must
be able TO borrow the stock he has
sold in order to make delivery. The
question then arises why any one
should be willing TO loan stock to a
short seller. The answer is that the
borrower OF the stock puts up with
the lender a sum OF money represent.
ing the full market value of the
security at that time. Generally the
lender of the stock pays interest on
this sum to the borrower, the rate
being governed by market conditions
at the time.
The lender is willing to make this
arrangement because in this way. in
effect, he borrows on his stock its full
market value whereas If he took 1t to
the bank and put 1t up as collateral
for a loan he could get only certain
percentage of its market value. More
over, the short seller who borrows the
stock is obliged under the terms of
the agreement to keep the lender Of
the stock supplied with a sum equal
TO the market price. The lender Of
stock to short sellers at times reaps
an additional advantage. If the num-
T,ar of shorts is very large and the
demand TO borrow stock is heavy, the
rate of interest rapidly declines. and
occasionally when the supply of Sock
Is very small the lender of the stock
is not obliged to pay any interest at
al on the money put up with him as
security. In that event the stock is
said to loan fiat"
Finally 1t sometimes happens that
the borrowers are SO numerous and
the Ioaners OF stock so few that the
former pays interest to the latter for
the privilege of loaning him money
on his security. and in this case the
stock IL said to loan at q Uranium"
Evening star., 1926-11-06
STOCK MARKET GOES HIGHER
ON REACTION FROM DECLINE

there is an unusually strong invest
ment situation. Time money rates
have come down at the season Of
year when ordinarily they are at a
maximum. The thought easily oc-
ours of what will happen in January
and February, when the crop moving
funds return to the reserve centers.
If there Is surplus money supply
now, what will 1t be then? The in
vestment market is building upon this
conception.
Investment values stand at the
highest Of the year-in fact. the high
est of years. The outlook seems to be
that buyers of investment securities
later on will be forced to accept still
lower yields.
Foreign Bonds Strong.
The remarkable success Of the
Belgian stabilization has continued to
manifest itself in the market for
European bonds and in the market
for foreign exchanges. French francs
have forged ahead to a higher level
than anybody anticipated. French
government issues have been quoted
at the highest Of the year and in the
|Scase Of the per cent at the highest
Of all time. The new Belgian dollar
loan has been selling at q premium
of over points. All this portends a
further bringing out of foreign issues
upon the American market.
The cotton trade has been waiting
for another staggering report on pro-
duction when the bureau comes out
with its figures on Monday. A lot has
been said on the subject Of holding
cotton back from market with the
aid OF banking resources. But, of
course. this cannot bring about higher
prices. It is only designed to check
panicky selling. No real cure for the
cotton situation can come until the
area planted to cotton Is partially
diverted to other crops. Then, and
only then. will there be a real reduc.
ton in the supply sufficient to equalize
demand.
OIL Shares Hold Up.
Price cutting in the oil fields has had
little effect In Wall street Wall street
has known for a long time that pro.
ductfon was excessive, and il was pre.
pared for the news. Oil shares did
not participate in the Midsummer
campaign to any large extent and
were therefore better fortified against
unfavorable trade news.
Sugar trade conditions are being
watched with interest. The raw sugar
market is somewhat higher. and ad-
vances have occurred in refined sugar.
The significance is that, in view Of
the loss due to the Cuban hurricane
and the increased world consumption.
the sugar market may have gone too
far on the downward side.
The elections cut little figure in
financial calculations. Wall street IL
chiefly interested in business condi-
tions and while at the present time
these are mainly favorable, they are
still recognized a. being q good deal
mixed
Evening star., 1926-11-06
Jean Jacques Rousseau
I7i2 -i778

I7i2 -i778
THE critics are kinder to
IL those who preach the
benefits of following their
own course of action than to
a man like Jean Jacques
Rousseau, who, though living
a wild, profligate life and
ncglecting his own family,
sought to promulgate his
theories on domestic affec-
tions.
Similarly, the words of the
poor man who tells us how to
become wealthy pass by our
ears as the idle wind.
But here is a message from
4 company of solid financial
worth and experimentation
Swartzell, Rheem and Hen
sey Company-an organiza-
ton that has success fully
handled First Mortgage.
Notes on improved Washing
ton properties for over fifty
seven years. The message is
this:
Invest your earnings now
in 612% First Mortgages,
because they will keep your
money safe and pay you a
regular, liberal return
through the years to come.
Evening star., 1926-11-06
RECORD BREAKING YEAR
SEEN BY C.. w. MILLER
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE, November 6.-'This
is record-breaking year for busi-
ness" according to c. Wilbur Miller,
president of the Dawson Chemical Co.
and of the Silica Gel Corporation.
Figures showing bank clearings,
savings deposits and industrial ac-
tivities of all kinds show that this
year and the year to come will not
be Of the sort to furnish material for
the calamity howler," he said.
THE new South, which was built
on the ruins left by the Civil War. is
not going to be knocked to pieces by
a Florida hurricane or a bumper cot
ton crop. Since 1900 we have had
three seasons when production
of cotton has occurred. The situation
which resulted proved helpful rather
than injurious to the South in the
long run. Each time it has turned
the farmers attention to other crops
and more diversified operations.
Trucking. fruit growing, stock raising
and production of the cereals are
greatly increased"
Evening star., 1926-11-06
STOCK TRADE DROPS.
Union Yards at Baltimore Report
Smaller Business.
pecial Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE, November 6.-Live
stock handled at the Union Stock
Yards during October showed several
decreases as compared with the cor
responding month of last year.
With only two small exceptions,
shipments showed a decrease. Re-
oeipts, on the whole. made more gains
than did shipments, but here, TOO,
there was a slight downward tendency
The notable exception was in hogs,
this class showing an increase of
1859.
ReCeipts-Cattle, 21,765: sheep, 36,696:
hogs. 94,928; calves. 7,642; horses, 43;
mules, 35 cars, 1869. Shipments-Cat-
tie. 9.165; sheep, 22,7S3; hogs, 11,729;
ralves, 2.20S; horses, 43; mules, 35 cars,
Evening star., 1926-11-06
BY STUART p. WEST.

Special Dispatch to The Star.
NEW YORK, November 6.-The
stock market has gone higher during
the last week, with some notable ad-
vances among individual shares. NO
new influences have been back OF this
movement. It has simply been an
upward reaction after the severe de-
cline of late September and early Oc-
tober This decline readjusted spec
ulative situation which had become
topheavy after the Midsummer op-
erations for the rise. Wall Street went
too far in July and August on the
buying side. 1t took an exaggerated
view of outside business conditions. 1t
did not note sufficiently the numerous
points Of uncertainty. A picture was
drawn Of another Autumn like that
of 1925 when there was general pros
perity and big speculation.
This forecast was not realized
Credit conditions were as easy as
| those of a year ago. but business con-
ditions were more irregular. The
great fall in cotton prices was the first
break in what seemed to be an auspi-
cious trade outlook. Next came the
admission that automobile production
| schedules were being cut down. that
It was necessary here and there to re-
duce prices and that altogether COM
petition in the motor industry was on
! the increase. This has had its reaction
/ in the demand for steel.
Steel Earnings Reduced.
The three principal customers of
the steel mills are the automobile
manufacturers, the building trades
and the railroads. The automobile
centers have cut down their purchases
and buying. for building construction
is not as keen as it was in the Sum-
mer. On the other hand railroad buy
ing has kept up.
The net result is that the fourth
quarter promises somewhat reduced
earnings for the steel companies with
out any serious falling off. The un-
filled orders OF the United States Steel
Corporation when they are reported
for October are expected to show a
substantial increase. The strength of
week is certainly not consistent with
any idea of an important reaction in
the steel industry.
Big Speculation Unlikely.
The Wall Street position has shown
itself to be distinctly stronger. LiQuida-
ton. following the speculative ex-
cesses Of the Summer. ran its couAse
by the middle Of October. Since then
there have been recoveries occompa-
MED by some fresh advances. AS yet
there are no indications Of this condi-
ton developing into a big speculation
for the rise like that of q year ago.
It is a professional market inclined to
work higher. but there are no grounds
for enthusiasm like there were in Oc
tober and November. 1928. upon which
to base Q major forward swing.
Back Of the Wall Street mQyeEnept
Evening star., 1926-11-06
MORE INsOLVENCIES.

NEW YORK, November 6 LR.-R.
e. Dun & Co.'S insolvency index makes
quite an advance for October, being
not only higher than it was at this
lime last year, but more closely ap-
preaching the five-year average. Some
additional failures in the South, are,
in part, the cause for the advance.
Proportioned TO the number of firms
in business. the index for October was
ut ratio OF 38.1. whereas it was S92
q year ago, while the five-year aver
nge. 1921-1925 inclusive. for that
month was 1898. Insolvencies in the
East and South last month exceeded
those of September by about 80 per
cent.
Evening star., 1926-11-06
HARTMAN SALES RISE.

NEW YORK. November R.-
Sales Of the Hartman Corporation for
the 10 months of 1926 rose to SIS, 49,
952 from $12 ,422 1874 in the same period
Of 1925. a gain Of more than rs per
cent
Evening star., 1926-11-06
PIG IRON HIGHER.

NEW YORK, November 6 @.-
Higher pig iron prices are reported
from various districts. In eastern
Pennsylvania territory some dealers
are quoting $23 a ton for number 2
foundry, up so cents and $3.50 a ton
over levels several days ago. A rise
of 81 a ton is reported in the
Youngstown Valley to $40 ton. At
Buffalo, Bethlehem Steel has ad-
vanced quotations to $21 and Wick
wire Spencer-Steel to $40. Iron and
steel scrap are up 25 to so cents a
ton in the Chicago district.
Evening star., 1926-11-06
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 nvest-inveStigate!
Evening star., 1926-11-06

\ TTsRslar, TFsRs as1 1ns Rist A11s5s 11s$A 11s$H
3 Uni G Imp G n. ssls sSk ssK
q Uni 1t II A 12 11A lin
NJ Gypsum. 149h 149h 149M
5U 1t & 1T n. 90 2s 2sh
Vic Talk Mach. 1o2H 102A 1929
u Wesson O&S pfd % 90 go
l White Sew Mach 1917 16A 16A
Evening star., 1926-11-06
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star Once

Following IS a list of bonds and
stocks traded in on the New York
Curb Market today.
Evening star., 1926-11-06
RANGE IN COTTON
TRADING narrow
Market More Active-Even.
Ing of Accounts Pending
Report Monday Noted.
By the Associated Press

NEW YORK, November 6.-Cotton
futures opened steady. December.
1920; January, 1891: March, 1854;
May, 1916; July, 1902. The market
was little more active at the open
ing today. but prices f1uctuated within
q narrow range. most of the business
being attributed to further evening
up of accounts in preparation for next
Mondays Government report.
The opening was steady at decline
of points to an advance Of l point.
Some southern hedging and little
local selling on easy Liverpool cables
developed. but the trade bought and
there was covering. Demand seemed
sufficient to hold the market on the
basis of 1916 for May, and January
fiuctuated between 1881 and 1888
during the first hour.
Private cables reported hedging alb
eorbed by trade calling in Liverpool
with improved demand for cotton
cloths and a larger business expected
when the coal dispute has been set
tied.
New York cotton futures closed barely
L nOint n 4
Evening star., 1926-11-06
New York cotton futures closed barely
AfaadY nnint 10 Z down
New Orleans Market.

NEW ORLEANS, La, November
6 OP).--Cotton futures opened steady:
December, 1928: January, 1892;
March, 1850; May. 1859; July, 1888.
The market opened easy today In
sympathy with lower cables than due,
and first trades showing losses Of 2 to
B points. Prices advanced after the
call Of trade buying, December trad
ing to 1919, January to 1898 and
March to 1856, or to 8 points above
Yesterdays close. This bulge attract
ed hedge selling. and prices eased of
egain to the opening figures.
New Orleans cotton futures closed steady,
nnInt to 2 down
Evening star., 1926-11-06
HECLA TO CUT MELON.

SPOKANE, Wash. November UP
Stockholders of the Hecla Silver
Lead Mine Of Burke, Idaho, will be
paid 100000 dividends on December
15 for the final quarter OF the year
q disbursement of 50 cents a share
The payment will increase the total
dividends for the year to 100000
and the total dividends Of the mine to
SIC, Joe, 900.