davidaulloa/AmericanStories huggingface dataset:
Evening star., 1926-04-04
Patronesses Listed for
Benefit Entertainment

The patronesses for the annual
card party and dance to be given at
Rouscher's Friday evening, April %,
for the benefit of the new building
fund Of the Shrine of the Most
Blessed Sacrament at Chevy Chase,
include: Mrs. j. Leo kolb, Mrs.
Michael Hester, Mrs. Robert Quirk,
Mrs. Edward j. Walsh, Mrs. Joseph
McReynolds, Mrs. Raphael Semmes,
Mrs. William c. Sullivan, Mrs. VIII
liam L. Soleau, Mrs. Audrey L. Clarke,
Mrs. William II. Donovan, Mrs.
Franklin C. Parks, Mrs William l..
King, Mrs. Joseph Travers Mcguire,
Mrs. Margaret T. Sullivan, Mrs. Ed
ward ]. Colladay. Mrs. Harry II. Kid
well. Mrs. Samuel j. Henry, Mrs. Rene
DagneauX, Mrs. J. Henry Oehmann,
Mrs. Turner Pope Gray, Mrs. Joseph
G. Sheehy, Mrs. Pickney j. Harman,
Mrs. Richard l.. Lamb, Mrs. Thomas
Keane, Mrs. William J. Keane. Mrs.
William II. DeLacy, Mrs. Charles w.
Darr, Mrs. II. Beach, Mrs. Rose NJ.
McAuliffe. Mrs. Albert E. Berry, Mrs.
J. Gordon Mckay, Mrs. James A.
Karl Fenning. Mrs. Jesse A. Nc
Keever, Mrs. Charles L. Roach, Mrs.
Louise Auth, Mrs. James w Cum.
mings, Mrs. Samuel L. Hilton, Mrs.
Joseph C. Hausler. Mrs. Joseph j.
Crowley, Mrs. Charles f. Davis, Mrs.
c. Wohlgemuth, jr.; Mrs. John F.
Costello, Mrs. j. Eris Powell, Mrs
John Kiely, Mrs. Matthew I. O'Connor,
Mrs. Ralph Bohrer, Mrs. William Bur
rell, Mrs. John r. Cook, Mrs Albert
Hahn, Mrs. Edward j. Harding, Mrs.
Raphael r. Nix, Mrs. Curtis w.
Handley, Mrs. Norman c. Gillett, Mrs.
James Bingham, Mrs. James Dudley
Morgan, Mrs. Joseph &. Bowling, Mrs.
John Ryan Devereux, Mrs James A.
Donohoe, Mrs. Joseph Kennedy. Mrs.
William M. Reilly, Mrs. Daniel P.
Ralph, Mrs. Jerome j. Crowley, Miss
Mary V. Merrick, Mrs. Daniel w
O'Donoughue. Mrs. Arthur j. May,
Mrs. George P. McCabe, Mrs. Radford
Moses, Mrs. Edward J. Quinn, Mrs.
William Stohlman, jr.; Mrs. Thomas
]. Hanley and Mrs. Caroline Hill Mar
shall.
Evening star., 1926-04-04
Mrs. Kellogg Interested
In Girl Scouts Bene6,

Mrs. Kellogg, wife of the Secretary
Of State, will attend the children's
Easter dancing festival which is to be
given at the Belasco Theater on Fri
day afternoon. April 8, for the bene-
fit of the Girl Scouts of the District.
The performance, which is under the
direction of Miss Hawke, viii feature
the presentation of Mrs. Il. Goring
Bliss fairy fantasy, "Qnce Upon a
Time" in which many Washington
children will have prominent parts.
Others who will be present at the
benefit are Mrs. Richard Aldrich, Mrs.
Adolphus Andrews, Mrs. William
Chandler, Mrs. G. B. Cochran, Miss
Martha Goldman, Mrs. Parker Corning,
Mrs. Henry r. Dimock, Mrs. James
Freeman, Mrs. William Flather, jr.;
Mrs. Sidnet Graves, Mrs. William
Gwynn, Mrs. Charles f. r. Ogilby,
Mrs. H. II. Rousseau, Mrs. Thomas
Bell Sweeney, Mrs. Samuel Fl. Wander
grift and Mrs. Richard II. Wilmer.
Evening star., 1926-04-04

Bowen, Mrs. Robert F. Griggs and
Miss Virginia Diedel.
At o'clock DR.. Lewis will make
an address on THE Challenge of Ex'
panding Educational Needs" topic
of interest to Columbian Women
whose chief work is the providing OF
scholarship funds for the assistance
of talented girls in the university
These scholarship awards are based
on merit. and the receipt Of one is
considered an exceptional honor.
Following the lecture there will be
a business meeting, at which Mrs.
Doyle will preside. Reports will be
given by the committees arranging
the details of the annual banquet
which is to be held at Z o'clock the
evening of April 20 at the Chevy
Chase Club. Mrs. Samuel Flagg
Bemis is chairman of reservations.
Evening star., 1926-04-04

Whose parents, MIR. and Mrs. Ii. A.
COe, announce her engagement to MIR.
James LithgOw Ewin of Washington.
The wedding will take place in June.
Evening star., 1926-04-04
DR.. and Mrs. w. NJ. Lewis
To be Honor Guests at Tea

DR.. William Mather Lewis, presi-
dent of George Washington Univer-
sity, and Mrs. Lewis, will be the
guests of honor for whom the Colum-
btan Women will entertain at tea
Tuesday afternoon of this week from
to o'clock in the trustees room,
Corcoran Hall, Twenty first street,
between G and H streets northwest.
They will be in the receiving line
with Mrs. Henry Grattan Doyle, pres
ident of the organization, to greet the
members and friends of Columbian
Women.
Mrs. John r. Lapham will preside
at the tea table and will be assisted
by Miss Elizabeth Peet, Mrs. George
Evening star., 1926-04-04
R. E. Lee Chapter, I'D. c.
In Special Program

Robert f. Lee Chapter, u. d. c.,
has arranged an attractive program
for tomorrow evening at Confederate
Memorial Hall, 1922 Vermont avenue.
Representative T. Webber Wilson
Of Mississippi will address the chap
ter and Mrs. Joseph Kerr Maxwell
and Maj. Charles Ferris will give read
ings. There will also be musical
numbers. Dancing will follow the pro-
gram. The social part of the evening
will be preceded by business meet,
ing.
The meeting will be open to vet
erans' daughters and friends.
Evening star., 1926-04-04
Symphony Orchestra
Goal of Music Lovers

A concert will be given at Polls the
afternoon of April 20, at o'clock
with a view to assisting in the organi
zation Of a civic symphony orchestra
when the artist will be de Gogors Cor
gorsa, the famous baritone.
Among the patrOnesses for the per.
formance are Mrs. Frederick II. Brook
Mrs. Franklin Ellis. Mrs. Adolph Mil
Ter, Mrs. Walter Tuckerman, Mrs. A
Garrison McClintock, Mrs. Frank B.
Noyes and Nine Ekengren.
Evening star., 1926-04-04
Gard Party and Dance
. At Raucher's April 16

A card party and dance will be
given at Rauscher's Friday evening,
April 16, at $40 o'clock, for the bene-
fit of the Home for Backward Chill
dren to be erected under the direc-
ton of DIR. Thomas Werner Moore,
O. S. B.. by the Benedictine Fathers
of st. Anselm's Priory, on their prop
erty in Brookland Miss Julia Dig
gins, Miss Antoinette Keane, Miss
Dolores Etler and Miss Hildegarde
Hicks will be the hostesses of the
evening
Evening star., 1926-04-04
Baby Lovers Circle"
Aids Crittenton Home

Florence Crittenton Baby Lovers
Circle, No. 4. annolInces card party
under the direction Of Mrs. A. Frank
Greglow, cha!rnlan to be held Friday
afternoon and evening at 9 o'clock and
at & o'clock. in the Elks' Hall, 919 II
street northwest. Mrs. Clarence Nc
Connell will be in charge of the sur
prise package; Mrs. Harry Simpson, in
charge Of the candy; Mrs. Frederick
Umhau. in charge of cake, and Mrs.
d. l.. Nunnaily in charge of tickets.
Evening star., 1926-04-04
Honor Guests Listed -
for Mu Phi Epsilon Tea

Mr.. Persis Heaton, national presi-
dent of the Mu Phi Epsilon Sorority,
and Ivan Ivantzoff, opera singer, will
be the guests of honor OF the Mu
Phi Epsilon Sorority at musical tea
this afternoon from 4 to 6 o'clock at
the clubhouse, 1856 Nineteenth street.
Ivan Ivantzoff will sing Tonic" in
"Pagliacci" and Count Gils" in The
Secret of Suzanne at the double per-
Torrance to be given April Is by the
Washington Opera company.
Evening star., 1926-04-04
Nah Jong Party to Aid
Gentlewomen's League

Mrs. j. Ryan Dexereux has loaned
her house, on Bradley lane, Chevy
Chase, for the bridge and mah-jong
party Tuesday afternoon, April 27,
at 2:30 o'clock for the benefit of the
Gentlewomens League. Mrs. Ralph
II. Hallett of 1901 Wyoming avenue
is in charge of tables and reserva-
tions can also be made through the
salesroom of the league, at 1624 III
street. ..
Evening star., 1926-04-04
Army Relief Society
Plans Garden Party

Mrs. w. L. Finley, president of
Branch No. 2, Army Relief Society,
announces the annual garden party
will be held at Washington Barracks
the afternoon and evening of Satur-
day, May %. Plans and committees
are being formed and details ar
ranged
, 1926-10-23
October, 22ND

New York-Garland Braluton, promis-
ing Iefthander, and sNick Cullop, out
fielder, are going to Washington from
the Yankees as the result of an arrange
ment by. which the Yankees obtained
Dutch Reuther. The New York Club
announces that when Waivers were
asked on Reuther by Washington, all
except the Yankees refused to put IN a
claim, Reuther was then known to be
suffering from appendicitis but he took
part in the world series. A league rule
prohibits the transfer of players except
by Waiver after June fifteenth for any
reason. La addition to BralutOn and Gull
Top the Washington Club received the
Waiver price of four thousand.
San Pedro-For the first time IN his
tory of Aerouautics a five thousand one
hundred pound ~Amphibian Plane was
launched from the deck OF a Battleship
here by means OF apoWder catapult. Ihe
plane was shot off the top Of the turret
on the quarter deck of the battleshlp
''West Virginia" by a catapult in which
q charge Of powder equivalent to that put
in an eight-inch shell was exploded TO
send forward the ship. The plane gain
ed altitude Immediately and played aIott
for an hour. Navy officers who witness
ed the projection, Sald us success OpeH-
ed a vast field of catapulting heavy
planes from RattIeships. hitherto be-
lieved impossible,
London-rhe defeat of prohibition in
Norway's PIebiscIte on Monday ELECTED
editorial comments from some OF the
London newspapers. The Daily Mail"
says that the Norwegian Prohibition
Law, like that of America. has been a
failure and led 20 increased drunkenness,
evasion and law breaking. 1t is an at
tempt to change human nature by means
of legislation and no country which has
tried prohibition has found it even rea-
son ably effective.
, 1926-10-23
DEMOCRACY SAFE

FOR THE WORLD,
Close ranks again statesmen. phiIoso-
piers, writer's, doctors, lawyers, and mo-
sral mentors! Soldiers this is not a war of
shots and shells but rather one of ethics
and ideals so lay dow your arms and
fall in! Let the inspiring words of Sgd
ney Smith be emblazoned on your colors;
Truth is Justices handmade, Freedom is
its child, Peace its companion. Safety
walks in its steps!' Forward march,!
TramUle on all false notions and danger
Gus conceptions! DEMOCRACY MUST
BE MADE SAFE FOR The WORLD.
, 1926-10-23
U. S. NAVAL RADIO STATION
CHRISTIANSTED, ST. CROIX,
2OLH OCTOBER 1926.

Courtesy of the Associated PreS8.)
Washington-The final tests of the
Pm 10 planes assigned to the Colon, Ca
nal Zone nonstop flight, will begin at
the Naval Aircraft Factory at Philadel-
phia on Wednesday. One of these tests
will be the fuel consumption and various
other conditions for the purpose of as
surfing naval experts of the ability of the
ships to meet the 1880 miles to Colon,
Panama. The two planes have been
undergoing other tests at the factory the
last week and it is expected that they
will be ready for the flight by October
twenty-siXth. They will probably pro-
coed to Hampton Roads shortly after
this for the take off.
San Francisco The Pacific Coast
League closed its season on Sunday with
Los Angeles winning the pennant for
the first time since 1921.
Chicago-Eugene v. Debs, several
times Socialist candidate for president,
has been a patient at a Sanitarium. Ply
sicians say that Debs s suffering from a
nervous breakdown. Mrs, Debs and his
brother are at his bedside.
Observation-Disclosures, Queen OF Rouma-
MIA, arrived in the Capitol late on Mon
day on a special train from New York
where she had disembarked from the
steamer 'Leviathan" for her tour OF
the United States. Secretary and Mrs.
Kellogg were at the station to extend
welcome in behalf of the America Gov
eminent. The Army Band played the
ROnmanjan National Anthem and the
Star Spangled Banner. A war strength
squadron of cavalry. the highest of mill
- --.- I.-1l 49, 0-o0-k 10 IT,
Roumania Legation.
, 1926-10-23
~aU,.c in Havana, Cuba
By courtesy of the West India C Panama
Telegraph Co.
October 21st.

Havana. Cuba. First definite report
of casualties due to the hurricane says 3
dead and ITO injured. Later the dead
were estimated at 20 and possibly more,
The hurricane took the lives Of eight of
one family who were drowned at LuyanO.
The Cuban Navy vessels "A De FebrerO
and the Ahutey sunk, also all Of the
launches and numerous small craft. The
steamer Maxine Gomez ran amuck
in the harbour, striking many ships and
finally landing against a dock where it
rests. The Spanish steamers Antonio
Lopez and Barcelona were damaged.
The first official announcement made
this morning said 80 were dead and 300
injured 20 the city of Havana from the
storm yesterday which inundated the
lower section of the city causing immense
property damage the amount Of which
IS not estimated. Thousands of homeless
have been given temporary aid and shell
ter. A house called "Fernandina" col
iapsed killing five and wOunding eight
and another home on the MaIecOn was
inundated and fell. but thus far the au-
thorities have been unable to explore the
ruins. President MachadO ordered all
business places closed and instructed the
police and military to shoot without
warning any persons discovered in an at.
tempt at depredations. At noon Thurs
day the death toll of Yesterdays storm
exceeded 80 and the injured 1900, the
majority only slightly hurt; cOmmunica-
ton with the interior of the Island is
still lacking. The port police found thu
bodies of the Captain, Engineer, and cook
of the British Schooner E. B. Parke float
ing in the Bay.
Miami, Flo. This city apparently suf-
fered no serious damage from the West
Indian hurricane that rage here for sew
eraI hours last night after visiting Cuba.
Many of the residents who fled from
their homes yesterday were advised this
morning to return as the danger was
over, the force Of the wind and sea dimin-
ishing hourly and the barometer rising.
Washington. The tropical disturbance
continues with great intensity off the
, 1926-10-23

coast of Florida according to the Weather
Bureau and is estimated to be in latitude
II longitude II.
Evening star., 1926-12-03
New Bond Issues

NEW YORK, December 3 (SpeclaD.
The most important new offering TO-
day was that of $50,000,0 Standard
Oil Co. of New York Az per cent de-
bentureS due December 10, 1851. The
bonds are being offered by Dillon, Read
& Co. the Guaranty Co. of New
York and the Union Trust Co. of Pitts
burgh at 97% to yield over 4.6o per
cent. The proceeds from this financ-
ing will be used for expansion of pro-
ducing properties, manufacturing
plants, marketing facilities and ma
rine equipment, and to reimburse the
treasury of the company for capital
expenditures already made for such
purposes.
A banking group comprising the
FIRST National Bank of Boston, Blodg-
eft & Co, Rutter & Co., and Albert
Hale & Co. announce the sale of
new issue of 81 ,995 900 New York, New
Haven and Hartford, Az per cent
equipment trust gold certificates,
dated December |. 1926. The bonds
mature in semi-annual installments.
s167 900 each June l and $166,O0O
each December /, to include Decem-
Der |. 1871.
Harris. Forbes & co. and r. II.
Noulton & Co. are Offering new issue
of So 900. 900 City of Los Angeles
school per cent bonds maturing Sc
riallvs August l, 1927 to 1854, at prices
TO Weld from 40 to 4.50 per cent.
Evening star., 1926-12-03
BONDS co HIGHER
IN TRADING TODAY
Sale of Standard Oil Issue
Stimulates Many Other In
portant Issues.
BY GEORGE r. HUGHES.
~ nj nisnafnh to rr1,A


NEW YORK. December 3.-Stim-
ulated by the sale of $50 ,OO0. 900 Stand
ard Oil Co of New York 4 per cent
debentures on a lower yield basis than
any similar financing this year, the
bond market went ahead vigorously
today, at least for the particular
classes of obligations picked out as
leaders. These included the high
grade oil bonds in general. some of the
rails, among which the Fries weer the
outstanding feature. and the French
and Belgian issues in the foreign
group.
The new Standard OH issue was
priced at 97A to yield over 4.65 per
cent. runs for 25 years and is Callable
at 1Of up to December Is. 1895, and
thereafter at par. The immediate Of
feet was broad upward movement
in General Petroleum SIS, now also an
obligation of Standard of New York.
in Atlantic Refining 0s and the new
Standard Oil of New Jersey 5s selling
on when-issued basis. The latter
sold in the outside market at n new
high price above 1O2. Other oil issues
to join the upward movement included
Empire Gas and Fuel 712s and 61as,
both at new 1926 highs Barnsdall 6s
and California Petroleum 51as.
Buying of Erie bonds was in large
volume and at more rapidlyl lrilsinG
quotations than in months. The con
vertible ID 4s met the advance with u
gain of point and half, at SO, re
spending to the strength in Erie
stocks. The other Erie issues, how
ever. which have no present conver
sion feature, were almost equally
strong. Erie general As, Erie A A..
Erie r 4s and Erie prior lien 4s all
oil ic
6s reached the new high of the move
ment at 90, and were also very active.
Denver and Rio Grande Western 5s
ran up easily again and the old ST.
Paul defaulted bonds were strong.
There were several notable features
In the utility and industrial groups.
One was the new high price for all
time for Hudson and Manhattan
income bonds, which had been
behind the market for a long
time Another was a spectacular up
lowing on the striking gain of the
day before. The first Is of 194l
jumped nearly 5 points almost di-
rectly at the start, and the refundinG
Is of 1889 were up over 5 points in
the same time. International Mer-
camille Marine 6S were cOnspicuously
firm. One report had 1t that buying
was for the account of the company.
The leaders in the foreign list were
the French and Belgian bonds. Bel
gian Is at 991a duplicated their record
high, and all the active French Is
sues moved up to a greater or less
degree.
1t was announced that there would
be no allotment on cash subscrip-
tions to the new Standard Oil of New
Jersey 5s, all the bonds going to hold
ers of preferred stock surrendered.
The allotment basis to the preferred
stockholders was between 60 and 20
per cent.
Evening star., 1926-12-03
LESS AMERICAN CAPITAL NOW
FLOWING INTO FOREIGN MARTS
Commerce Department Reports on No
vember Security Sales-Other
Financial Notes.

A check in the flow of American
capital abroad was noted during No
vember in Commerce Department
compilations of security sales, made
public today.
Foreign bonds sold in the United
States had total par value of but
$70,908,000. This compared with
similar sales of S195.585.O00 in Octo.
ber and $780, 900 in July.
For the year, including November,
issues of foreign securities floated' in
value of $1.1S1, ,763,5OO.
Local Securities Hold Firm.
Prices held firm on the local Stock
Exchange today in fairly broad trad
ing. Washington Gas Light stock
was in good demand, 40 shares selling
at To- Potomac Railway and Electric
preferred came out at 108, while
Washington Railway and Electric
preferred sold to the extent of 55
shares at 99A. The recently listed
Federal Co. common sold at
32A, and 10 shares of District National
Bank stock brought 227.
Bond prices were little changed;
Georgetown Gas 5s sold at 9SA and
Washington Gas IS at 1001a. Railway
and Electric As brought S3A. The
final bond sale was in Washington
Gas IS at 104.
Richmond Ratio Jumps.
A striking indication of the de
creased need for Federal Reserve cred
it in the local fifth district was de-
cline of $6,702 900 in rediscounts at
the Richmond bank during the week
ended December 1. Bills discounted
totaled only $29,205, 900, against $685.
100000 the week before.
AS result, the cash ratio spurteo
Evening star., 1926-12-03
Baltimore Markets

BALTIMORE, December (SpeciaD.
Potatoes, 100 pounds, 1.25a3.00;
sweet potatoes, barrel, 2.00a2. so; yams,
barrel, 2.00a3.00; bushel, 35a1 90; beans,
bushel, 2.50a3.50; beets, 100, 3.00a4.00;
Brussels sprouts, quart, 10a18; broc-
coli, bushel, 40a50; cabbage, 100, 2.O0a
500; caulif1ower, crate, 1.50a2.75; Gu
cumbers, crate, 3.5Oa5.50; carrots, 100,
300a5.00; celery, crate, 1.50a2. so; kale,
bushel, 35a40; lettuce, basket, 75a1.50;
onions, 100 pounds, 1.50a2.00; oyster
plants, 100, 5,0Oa7.O0; peppers, crate.
2.50a4.50; parsnips, basket, 35a40; peas,
crate, 3.50a6.00; pumpkins, 3.00a10.00;
Savoy cabbage, bushel, 30a35; spinach,
bushel, 40a75; squash, crate, 2.50a3.50;
tomatoes, crate, 4.00a6.00; turnips,
baskets, 20a30
Apples, barrel, 1.00a4.00; bushel, 35a
1.25; cranberries, box, 2.50a4.50; grapes,
basket, 12a15; box, 2.50a3.50; oranges,
box. 2.75a4.50.
Grain and Hay Prices.
spot, 1.48B; No. red Winter, gar
1cky, spot, 1.39A.
Bag lots of nearby, at wharves,
1.23a1.32.
Corn-Domestic, No. yellow, 88;
A$O' opOI, ShpOA iO dootLtlOIloJ ANO
3 spot, export, no quotations. Cob
corn, new, 3.15a320 per barrel.
Oats-No. 2, new, 55 per bushel;
No. 8, 81.
Rye-Bag lots of nearby, S5a95 per
bushel.
Hay-Receipts, 43 tons; preference
in hay is shown for the heavy clover
mixed sort, of which the receipts are
light. Strictly No. 1 clover hay, if
here, would sell to advantage. Of tim
othy hay the supply is ample, with
good grades of the latter selling with
in range of 21.00 per ton. inferior,
low-grade stuff is dull and irregular.
Quotations today, per ton-No. l
timothy, 24.50a25.O0; No. timothy,
23.50a24.00; No. 3 timothy, 21.O0a22. 90;
No. i light clover mixed, 25.50a26. 90;
No. 2 light clover mixed, 25.50a26. 90;
No. light clover mixed, 23.O0a24.0O;
No. clover mixed, 25.00a25. so; No.
clover, 27.00.
Straw-No. 1 wheat, 13OOa13.50 per
ton; No. l oat, 14.00a15.00 per ton.
Dairy Products.
Live poultry-Turkeys pound, 40a
43: old, 36a38; poor and crooked
breasts, 25 Spring chickens. 23a24;
Leghorns, 20a21: poor and thin, lea
II; old hens, 20a24; Leghorns, 16a17
Old roosters, 15a16: ducks, 23a26; poor
and thin, 17a1S. Geese, 20a25; guinea
fowls, each, 50a75 pigeons, pair, 3Oa
35. Dressed poultry-Turkeys, pound,
4Oa45 old Toms, 36a38: poor and crook
ed breasts, %; chickens. 24a26. Roost.
ers, 15a16; ducks, 25a28; geese, 20a27.
Eggs-Receipts, 2,130 cases; native
and nearby firsts in free cases, 54a55.
Butter - Good to fancy creamery,
pound. 49a54; prints. 54a56; blocks. 53a
30; ladies', 80; rolls. 23a2S: store packed.
23a24. Process butter, 36a37; dairy
prints, 23a28.
Evening star., 1926-12-03
WALL STREET LIST
MAKES NEW GAINS
Rail Shares Ignore Wage In.
CreaSe-InduStriaIS Are
Days Leaders.
BY STUART p. WEST.

UpeS1di Dlspdtcn 10 Inc StdT
NEW YORK, December 3.-Rail
way shares were not affected in the
stock market today by the $15,OOO,OoO
rise in wages granted by the arbi'
traitors under the new railroad act
This news had reached Wall Streel
just before the close of business
Thursday. 1t Gid not affect prices
then but the question was whetner
it had proper opportunity to do so.
The railway share market accord
ingly was watched with conSlderapie
interest as business began today. Not
only did the rail shares hold. Dut
number of them advanced. Ine van
Sweringen stocks, Chesapeake ana
Ohio and the Eries were very strong
Erie first preferred selling well up to
The highest of the year. Atchlson,
New York Central, Reading and st.
I,ouisS San Francisco were all higher.
The wage announcement had no
effect, partly because the railroads
had been expecting an increase Tor
the last year and had been getting
ready for it, but more largely be-
cause the increase, distributed over
Is of the Eastern roads, was too
small to be of consequence; 1t was
less than half of what the brother
hood had asked for.
In the industrial section prices
continued to@ work higher. The ad-
vances were for the most part mod
crate and they were accomplished
not by any rush of buying like that
of October and November. 1925, but
rather by a demand (which followed
prices up steadily, but, on the whole.
slowly.
Baldwin Locomotive, selling ex
the semi-annual dividend of 3R per
cent. was quick to make up the de-
duction. Other equipment shares
were firm-American Car and Foun-
dry. Pullman and Westinghouse Air
brake. United States Steel crossed
$50 on good sized transactions, and
among the independents Crucible
Steel was a strong feature.
International Harvester made a
new high for 1926. The rise in this
stock along with the firmness of the
fertilizer shares was an indication
that the Wall Street market had ad-
justed itself to the low cotton prices
and the uncertainties of the agricul-
tural outlook in other directions.