davidaulloa/AmericanStories huggingface dataset:
Evening star., 1926-10-13
WHEAT PRICE DROPS
WITH BUYING LIGHT
Weather Favorable in Canada and
Values Go Down l 1-2 Cents.
Corn Also Is Weak.
BY the Associated Press.

CHICAGO, October 13-Favorable
weather in Canada, together with a
notable lack of buying support here.
led early today to lower prices for
wheat. Values dropped about liz
cents a bushel before enough com
mission house demand for wheat was
aroused to absorb the offerings. Open
ing r to l cent down, wheat gave
little evidence of power to rally. Corn.
oats and provisions were also weak.
corn starting q to II cents Off and
then continuing to sag.
Liberal export sales of North Amer
lean wheat over the holiday helped
somewhat to check the declining
tendency which prices showed a good
deal of the time today. On the other
hand, current advices indicated that
the British coal strike was likely to
linger and that scarcity of ocean
vessels available for grain was a per
sistent outstanding feature.
Larger estimates of the 1926 pro
duction of wheat in Italy were CON
sidered by some authorities to be an
offset for disappointing yields in
France and England Forecasts of
the import needs of Europe this sea
son were still maintained however
at 7O4 900, 900 bushels, an amount 10O.-
600, 900 bushels more than at this time
Evening star., 1926-10-13
BY EDWARD c. STONE.

Negotiations pending since the death
Of John L. Edwards were consum-
mated in the financial district last
night when the business and good will
of John L. Edwards & Co.. 14l6 III
street northwest, were purchased by
G. M. p. Murphy & Co., New York In
vestment bankers having membership
in the Stock Exchange. The transac-
ton, which becomes effective at once,
includes the branches of the Edwards
brokerage house at Richmond and
Newport News. The members OF the
New York firm are Col. G. nj. T. Muir
phyv Edward o. Mcdonnell. +. Frs
kline Wood, Otis A. GlaZebrook, Jr; B.
C. Read, John T. Pratt and Frederick
Osborn. The head and founder OF the
firm, Col. Murphy, was formerly Sc
nior vice president of the Guaranty
Trust Co.
1t is announced that the present Or
ranization of John l.. Edwards & Co.
will be kept intact. J. William Har-
rington. who has been associated with
the company since 1912 and manager
for the past eight years, will>remaln
in the same capacity. Only 1eW
days ago Mr.. Harrington was elected
to membership in the washington
Stock Exchange. John E. Parker, VINO
came to the local Office from Horn
blower & Weeks New York office, Is
another member of the staff. Mr..
Parker was a son-in-law of MIR. Ed
wards. Charles c. Morgan, who has
been manager of the bond department
for years and is now president or the
Washington Bond Club, remains un-
der the new management. Robert =.
Jones, with the Edwards firm since
1911. is to stay as director OF the
floor business, and Albert Z. flatner'
who has been with the company for
four years, also remains on the stan !;
The late John L. Edwards tounoeo
the local brokerage house IN Decem-
ber, 1915, and early 1916 obtained
seat on the New York STOCK TX
change. The surviving partners are
Mai. Henry P. Erwin and DaVlo +.
Gaillard. These. men, VINO hao oeen
associated with Mr.. Edwards FOR sew
eral years, are retiring as the new
firm takes possession. 1t was stateo
at the offices today that EDWARD ~.
Mcdonnell Of New York VIII remain
in the city and assist In the manage
nent during the TRANSITION peI!ou.
Officers Of the Riggs Bank, actlng
as executors Of Mr.. Edwards esta.e'
nlayed an important part in arrang-
ing details Of the change IN o"lei-
ship.
Prices Firm On Local Board.
Prices were firm today on the WASH
ington Stock Exchange, when traolns
was resumed after the holiday, ponos
crowding stocks for a place In the
Evening star., 1926-10-13
Public Utilities

NEW YORK, October 13 (SpeciaD.
Stockholders of Pacific Gas and
Electric having approved the plan
to split the common and preferred
stock four for one, 1t Is announced
that it will be 80 to so days before
the new certificates are ready and
that in the meantime the status of
the old stock in respect to transfers
and dividends will be the same. The
par value of the new shares will be
$25, against 500, the present value.
Utah Power and Light and Idaho
Power and Light. two of the sub
sdiaries of Electric Power and Light.
report gains in both gross and net
income in their latest statements.
Incidentally the holding company,
Electric Power and Light has not
failed in a single month this year, to
date, to improve it's position over the
same month in 1925. Utah Power and
Light shows August gross of 1857 ,295,
compared with $829.611 a year ago
and net after taxes and charges Of
e293,577, against $270,441. For the ~
months the balance after preferred
dividends was S2,160,345 compared
with $1,S49,693 Idaho Powers gross
In August this year was $258,651.
against $256,061 in 1925, but the net
advanced from S6T ,22T to $50, ,l41. For
the Il months the balance after pre-
ferred dividends increased from S541,-
O33 to $500, ,7S5. In the New York out
side market Utah Power preferred is
quoted 1O3, bid 103A asked, and for
Idaho Power and Light preferred the
quotation is 104i2 bid, l06 II asked.
New England Telephone and Tele-
graph continues its remarkable re-
INn f,.Sf
eight months of the calendar year net
operating income jumped from s4,575,-
$50 in 1925 to $S.690.690. August re-
suits made fully as favorable COM
parison as those earlier in the year.
American Telephone and Telegraph
owns 81 per cent of the stock of New
England Telephone and Telegraph.
Evening star., 1926-10-13
LIST |SSTRONGER
, IN STOCK MARKET
Early Declines Followed by
BoIstering Up of Prices by
Heavier Buying.
BY STUART p. WEST.

NEW YORK, October 13.-The stock
market today was generally stronger
There was a period toward the END
of the first hour, when prices went
off all through the list and got down
to their bottom figures for the recent
decline. But a combination of sup
porting orders, fresh buying and short
covering, produced the rally, which
showed midway in the morning ana
which was sustained in the later deal
ings.
The market was manifestly in
strong position as the result of the
late liquidation. Disappointment was
expressed because. @ccOrdlng to the
latest Federal reserve statement brok'
erage loans were down less than
$4,000. 900 But this covered the week
only up to October 6, and 1t was eX-
pected that the effects of the recent
heavy selling and extensive decline IN
the Stock Exchange prices would
show more decisively in the reports to
come.
The market was not Influenced any
more than it has been all along by
considerations of money. The rate
on call loans remained at per cent
time money was dull, with quotations
a shade off from their high. Nothing
of importance in the way of outside
news had developed over the holidays.
1t was chiefly a question whether the
reaction after the overdone specula-
ton of two and three months ago had
carried far enough.
AS stocks started to come back
after the unsettlement of the hrst
hour, the recovery converged upon
u, S. Steel and General Motors as
the two leaders, also taking in large
number of the rails and Industrial
specialties. Atchison went up 2
points, Rock Island up over a point,
also Southern Railway. Norfolk and
Western was selling 2 points higher.
while Reading, Kansas City Southern
and Wheeling and Lake Erie were all
higher.
The remarkable feature in the rail-
way division was Colorado and South
ern. 1t had closed Monday at SO
after having stood out strongly all
through the recent break. 1t shot up
violently today. The stock is earn
ing over $13 a share and paying no
dividends. 1t would have to declare
a. very generous distribution in order
10 justify the present price. One idea
was that good-sized dividends were in
store. another idea was that the Bur-
lington, as majority owner, might be
picking up the minority shares in the
same way that New York Central
bought in all it could of the minority
holdings of the Big Four.
Oil shares improved with the rest.
Marland and Phillips Petroleum more
particularly. The pressure against
Willys-Overland was relaxed and
Pierce-Arrow rebounded nearly a
point. Profit taking appeared to be
over, at least for the time being,
in Radio Corporation and the stocks
did better.
Evening star., 1926-10-13
FLOATING SUPPLY LARGER,

NEW YORK, October 13 R).-The
floating supply Of United States Steel
common stock was increased 249,716
shares in the third quarter, which
amount was sold by investors, who
also reduced their holdings of prefer.
red stock by 5,035 shares. Common
shares held by brokers in New York
State increased 261 1,72z, and investors
holdings decreased S3,414. Foreign
holdings of the common decreased
4,436 shares, but the preferred in
creased 914 shares.
Evening star., 1926-10-13
DRY GOODS EASIER.

NEW YORK, October 13 (SpeciaD.-
Cotton goods markets were slow and
weak today, still rejecting the drop
in raw cotton. Print cloths were
quoted at SIC for ga, so and 7A for
6Sx72s, the former a drop Of Nc. Raw
silks eased off &c a pound in a quiet
market.
Evening star., 1926-10-13
BUTTER rs HIGHER.

CHICAGO, October 13 CP).-Butter
higher; receipts for two days, 17,409
tubs; creamery extras, 45k; standards.
AZ; extra firsts, 4212a44; firsts, 3Sha
401a; seconds, 35a37&.
Eggs-Unchanged; receipts for two
days, 1928 cases; firsts, 38ha40; ordi-
nary firsts. 33a36; refrigerator extras,
351a; refrigerator firsts, 3412.
Evening star., 1926-10-13
NATIONAL BAKING co.

NEW YORK, October 13 R.-Na-
tional Baking Co. and It's subsidi-
aries, the Omaha Flour Mills Co., the
Donaldson Baking Co. and the City
Baking Co., have a net income OF
$229, ,2O4 after all charges in the first
half of 1926: After preferred divi-
dends, $121,12 remains for common
stock. Sales were $5,815,660.
Evening star., 1926-10-13
INCOME DECLINES,

NEW YORK, October 13 L40.-Op.
Grating income of the Western Union
Telegraph Co. for August declined to
$1,377, 1894 from $1,456,603 in August
last year and for the eight months Of
1926 to $9,S93,279 from $1o,O42,225 in
the same period of 1925. In both Pc
riods gross revenues were larger SILL
598,896 for August against $11,130,53O
and for the eight months $SS,4O8 ,656
against $81,071 ,981.
Evening star., 1926-10-13
Markets at a Glance

NEW YORK LP): Stocks-Firm;
Colorado and Southern rally II points
to new high. Bonds-Easy; Southern
rail issues lower. Foreign exchanges
Mixed; Norwegian kroner at years
high above % cents. Cotton-Higher;
trade buying Sugar-Easier; in
creased offerings of spot. Coffee
Lower; easier Brazilian market.
CHICAGO: Wheat-LoWer: beariSh
Government report. Corn-Easy; in
creased receipts. Cattle-Irregular
HogS-F'irm.
Evening star., 1926-10-13
EXTRA DIVIDEND.

NEW YORK, October 13 R).-Gil-
lette Safety Razor Co. declared an
extra dividend of so cents a share and
also increased the quarterly rate from
rs cents to 81, placing the stock on a
81 annual dividend basis. Both are
payable December l to stock Of record
November 1.
Evening star., 1926-10-13
SPLIT-UP APPROVED.

NEW YORK, October 13 R-The
split-up of the common and preferred
stock of the Pacific Gas and Electric
Co. on a four-to-one basis has been
by stockholders. New GER
tificates will not be ready for month
or two. Meanwhile the status of old
stock in relation to transfers and div.
idends will be unchanged.
Evening star., 1926-10-13
SEEKS TO BUY LINE.

The Texas and Pacific Railroad ap-
piled to the Interstate Commerce Com
mission today for permission to pur.
chase the 28-mile line of the Cisco and
Northeastern Railroad in Texas. A
contract has been made for the trans.
fer of control on the basis Of a cash
paymant Of S210.900.
Evening star., 1926-10-13
SILVER QUOTATIONS.

NEW YORK, October 13 @.-Bar
silver, 561s; Mexican dollars, 425a.
Evening star., 1926-10-13
CALL MONEY FIRMER.

NEW YORK. October 13 [P).-Call
money firmer; high. 512; low, .; ruling
rate. 5: closing bid, 512. Time loans
firm: mixed collateral. $3.50 days. 3;
As months, 5; prime mercantile pa
per 4@a4&A.
Evening star., 1926-10-13
POULTRY PRICES STEADY.

CHICAGO, October 13 CP.-Poultry,
alive. steady; receipts, 13 cars; fowls.
19a24h: springs, 22h; turkeys, 30;
roosters, 1Sh; ducks. 21:- geese -.
Evening star., 1926-10-13
Hourly Sales ON ~. Il. MaIhos.
IL am. 4Z9'VoO ooee0O
4 nm. SAZ.0UU O'A" A'Voosoo"

Dividend rates az given In the above table
nsatast ~ Touarteriy or half yearly declarations.
tjnless otherwise noted. extra or special divi-
oea.IPs a.IPsrtiy stock, fPartly. extra. iPayabie
in co@mon s!oek s% in .,n. stock psys;
eennen eeln Ssal stock payable y quarterly.
ePayabie in cash or stock. fPius y u In
stock. RPlus 2-50. share in stock. hPlue
stcck. aPlUs asa IN stOok. -
Evening star., 1926-10-13
TREASURY CERTIFICATES.

ported by j. & W. seligmsn { Coz
Evening star., 1926-10-13
GERMAN BONDS AND STOCKS.

Quoted in dollars per million marks;)
Bid. Asked.
Evening star., 1926-10-13
NEW YORK STOCK EXCHANGE
Received by Private Wire Direct to The Star Once

Open. High. Low. Close.
90s4 90% 90h 90h
II TN II l7%
SIS So 30 66
6A 6% 6R 6h
129% 1870 129 1eO
7M 8 75s 79s
1
The Washington times., 1926-03-09
SAV[)L0T CLUBS
FORM LEAGUE

The Tri.G,ity sandlot League. IN
Guiding clubs in Washington and
nearby places, is well on the way
to realization. b &. Edwards, Of
the Union Printers. is temporary
chairman Of organization commit
tee. The following officers have
been named for the new league:
Vic Woodbridge, president: While
3Glascoe, vice president; r. O. Gold
berg, secretary treasurer.
These teams were represented at
an Organization meeting held At
Spaldfng's Union Printers. Tom
Ford: Shamrocks, Willie G1ascoe;
Warwicks. Bus Freed: Petworth,
Tom Connors; st. Joseph, Frank
Cinotti: Mohawks, y. Nj WilIxerson;
Pullman w. Bretback; RiaIto. r.
M. Goldberg; Arlington, Va, John.
I.ayrock; Silver Spring. Nd. b. Il.
Grub; Mt RainieH Md. H. Hoker.
Tom Ford, Willie Glascoe and y.
M. Wilkerson form q committee to
draft bylaws Another meeting
win be held next Tuesday at Spald-
ing s.
The Washington times., 1926-03-09
TODAY's SPOR TORIAL
BY KIRK MILLER

Griffith heave luxurious sign OF
relief might indulge in after just avoiding serious
accident by very margin.
OF the nnetySx the Washington team last sea-
League
hirty-ive delivered the winning
column handed fingers Ruethe with eighteen and Zachary
MpgIldge
and Gregg five games between them.
In the Of those indsputabe facts President Griffith,
until yesterday flirting dangerously with the possibility
startling situation for any club which has its
president willy the who has long since been
dubbed the Old Fox Of baseball.
Laying aside the personality Of Walter Johnson and his
effectiveness long string possibly the
deemng feature Of Wasngton pitching staff has been its
satilty
What with spe left handlers and orthodox throwers it has
the the begin
ming John McGraw running the gauntlet Miller Hug
Cobb others
turned back within the last years.
Washington have been hoping against that either Grit
fifth Rueher would get off their hghhoe and Griffith
Griffith, baseball proposition;
from both angles happy solution has reached
The Washington times., 1926-03-09
Yankee Pilot
Scraps Old
Parts for
New

IL there were political parties in
baseball Millef Higgins. managercf
the Yankees, undoubtedly would
qualify for the extreme radical
wing. In fact Mr.. Huggins Is Al
most baseball BoIshevik. He has
decided To scrap his veteran short
stop and second baseman. his most
experienced catcher and other an
cient cogs OF his machine and with
q team Of youngsters sally forth
bravely into the American League
arena.
Heretofore Mr.. Higgins has been
known as an Iiltraconseryative.
True, while manager at the C;ardi-
mails he was famed as a great de-
veloper Of young talent. but on
coming to New York he redsonaed
very logically that 1t would be lmost
silly to train new players when the
checkbook Of Colonel Rupert could
buy them ready made.
Consequently Mr.. Higgins earned
the reputation OF being a man who
hated to see youn persons around
his clubhouse. Unkind critics said
that anybody under 80 did rot
qualify for regular position. Miller
j. believed in the Old Guard: he was
friend Of the elder statesmen IN
baseball
1T Is all the more striking, there
fore, to see Higgins prepared to
start the season with Mark Koenig
at shortstop and Anthony Lazzerf
at second base two lads on whom
the faint blush of the minors still
remains. Slightly more is known
about them than about the other
side of the moon. yet Mr.. Higgins
proposes to entrust to them two of
the most vital defense positions
Baseball experts have figured out
that the backbone Of defense is
along a median line running from
catcher to second base TO center
field As regular catcher Higgins
has young Bengough. His center
fielder is the new Mr.. Combs. On
top of this he assigns the two other
key positions TO boys who are pure
CANDLES from baseball viewpoint.
1t is not exaggeration TO say that
Mark Koenig and Anthony LaZzeri
are the two most interesting re-
cruits of the year. They may mean
more to the Yanks than Mr.. Ruth's
shrunken waistline. The Mark
Anthony combination may become
as famous as the Damon and
Pythias team. At any rate. Miller
Huggins is no faint-hearted gamb-
Ter; he is betting the roll on flam-
ing youth.
The Washington times., 1926-03-09
ILLNESS CAUSES
Helen To IDLE

NICE. March 9Miss Helen
Wills Ii suffering from an annoying
cold in the head and at her own
request all of her matches in the
Nice tournament were postponed
today. Miss Wills promises to play
three matches tomorrow.
The California girl has but little
In the way of competition in the
Nice tournament, for Frau Nep-
pach, the German star. has decided
to heed the demands Of the Ger
man tennis association and quit play
on the Riviera. Senorita Alvarez,
who went through a hard fight
with Miss Wills on Sunday, has de-
cided TO rest and will not play In
the singles.
Nine Did, Vlasto and Mile. Con.
toslaVos have both scratched. leav-
ing Miss Eileen Bennett OF England
the most serious opposition Miss
Wills has to face. and the Cali.
fornian has easily defeated Miss
Bennett several times.
Miss Wills herself is not pleased
with this prospect. for she realizes
that her game will gain nothing
from series Of easy matches.
Miss Wills has drawn a bye in
the first round of the singles and
her first opponent will be Miss
Helen Shirley, of England. Miss
Wills Is playing in the doubles
with c. n. Kingsley and will oppose
Nine Debrnyn Hops and M. De-
bruyn Hops in the first round.
The Washington times., 1926-03-09
H. A. KNOX
To LEAD W0NE n

Members OF the Wonen's Golf
Association of the District honored
Mrs. III. Al. Knox, OF Indian
Spring. by re-electing her president
OF the association for another year.
Mrs w S. Corby, OF Congressional
and Columbia, was named vice
president, and Mrs william Free
man, Of Chevy Chase, was noni-
mated second vice president. As
Mrs. Walter e. Ballard, secretary
treasurer, has taken up her home
in Baltimore, the office was given
to Miss Phyllis Keller, of Wash
ington.
1t was decided that the first Of
the miniature tournaments should
be played on May 8, and one will
be held on the first Monday of
each month after that. The Star
cup tournament will be held at
Indian Spring on May Is and 49,,
and in the week starting October
s. the championship. will be held at
Congressional.
Delegates present at the meeting.
which was held at the New Willard
were: Indian Spring-Mrs. Fl. A.
Knox, Mrs. Albert Won STEINER,
Mrs. Tom Moore, Mrs. r. Lester
Rose, Mrs. l.. l.. Steele, Mrs. Perry
b. Hoover, Mrs. Penelope Wood,
Mrs. T. v. Brownell. Mrs. w. l..
Fl p. Columbian RS. j. M.
Haynes, Mrs. j. r. DeFarges, Mrs.
s. F.. Colladay Mrs. Frank Tom
linson. Mrs. J. n. Harper. Con-
gressional---Mrs. w. S. Corby.
Washington--Miss Phyllis Keeler,
Miss Dorothy White, Mrs. Carl
Witt. Unattached Mrs. Mcclure.
The Washington times., 1926-03-09
PLANSKY IS OUT
Of BIG EVENT

Tony P1ansky's withdrawal from
the seven-event competition with
Charley Hoff, Harold Osborne and
Emerson Norton leaves Georgetown
with a better chance to finish first
in that much talked about event 20
be staged as a feature of the
Knights OF Columbus games In New
York next Tuesday.
Norton. representing Georgetown.
is expected to benefit in measure
by the withdrawal of his college
mate. In several OF the events Nor
ton and Plansky would be battling
as rivals and possibly splitting the
points In. such way as to give a
better chance of winning to either
Hoff or Osborne.
The reason given for Planskys
withdra wal is that Tony has not
enough time to perfect his form in
the pole vault and the high hurdles.
The Washington times., 1926-03-09
EASTERN HIGH QUINTET
LOSES TO MAKESHlF1

Coach Charlie Guyon picked a
bunch of star basketball players to
oppose his Eastern High School
quintet on the eve Of the teams
departure for the Penn court tour
ney and Eastern lost by wo
points. Waite High School will he
the opposing team for the East
ernites tomorrow night. and from
what has been seen. Eastern will
have 10 show it's very best.
The Washington times., 1926-03-09
BIKE RACE LEADERSHIP
CHANGES 70 DEADLo cK

NEW YORK. March 9As a re-
suit of wild riding the teams OF
Walker and McBeath and Stoke
lynch and Goosens were In the lead
ait the 32d hour of the six-day
bicycle race this morning. having
covered $40 miles or laps They
displaced yesterdays leaders, Nc
Namara and Georgetti. Coburn and
Petri and Beclnan and Stockholm,
in d seance Of lap-stealing. this trio
falling lap behind to keep COM
pany with Taylor and HanIey and
Grimm and Winter.
The Washington times., 1926-03-09
cosIins Will Play

The Goose Gosiin Insects will
open their baseball season next
Saturday in contest with the
Chevy Chase Insects, at Chevy
Chase, action starting at O'Clock
On Sunday the Goslin will meet the
Rex Club at BroGkland Arthur
Jones, manager, is handling chal-
lengers and desires particularly to
book the Edmond and Glover teams.
His phone is Lincoln $685..
The Washington times., 1926-03-09
PLAYGRO UNDS
CHANGE NEE

Dick Tennyson, car Of the play
grounds activities. has announced
his plans for his spring meet for
his Fairgrounds. It will be held
some time in May on the Plaza
Fairgrounds.
The only major change I'M the
events Is that the ancient and hoary
gated to the limbo OF the unknown.
In its stead will be a modern low
hurdles. The distance in the hurdles
VIII vary, according to the weight
of the kids participating
The Washington times., 1926-03-09
STATIONS PLAY
STRONG FOES

The strong Stanton "A. C. quint
will play the Roamefs tonight In
the Aloysius gym but look forward
with keener interest to CLASH
Thursday night In the same gym
with the Aloysils team. This will
be the opener of three.game series
that will have q bearing on the
city unlimited championship.
On Sunday the Stantons will bat
tie another tough foe. the Ana
costa Eagle team, in the Congress
Heights gym, In a previous game
the Eagles whipped the Stantons
In an extra period contest
The Washington times., 1926-03-09
ALoYSIUS CLUB PLANS
TRACK RALLY TONIGHT

A meeting will be held in the>l
Aloysius clubrooms tonight to at
tempt to put independent track and
field athletics in the city on
firm basis, All who are interested
in such matters are requested to
attend the meeting and voice their
opinions. 1t will start at o'clock.
The Washington times., 1926-03-09
SOCCER TEAMS
IN LEAGUE

Members OF the washington Soc
Ger League are eiated at the news
that the league will be admitted
into membership in the United
States soccer League. William
Dram. secretary Of the local league,
received word from the national
orga nization that admittarlce was
being considered by the governing
body and wuold probably receive
IA yora HE action
The Washington times., 1926-03-09
Business Team Plays

The Capital ColIegians. composed
OF former Business High basketball
players. will get their first taste OF
action tonight when they grapple
with the RiaItos at Central High
School.
The Washington times., 1926-03-09

The Corinthian Midsets trsm ped
on the Remson Midgets, 90 TO IL.
and tbereupop issued a loud chat
lenge for teams In their class. The
phone number Is Columbia 7572-W.
The Washington times., 1926-03-09
Peck Closes Season

They have called it quits at the
Peck Memorial Church so far as
the basketball team is concerned.
With II games won and a certain
number lost, the season was a sue.
cess.