davidaulloa/AmericanStories huggingface dataset:
Evening star., 1926-03-20
NEW YORK CURB MARKET
Received by pri,ute Wire Direct T. The Star once

shares were still feeling the effect OF
tho rather disappointing earnings
statement Of the leading companies
Friday. =,
The oils moved irregulariy. Cont.
mental OIL featured the low-priced
members with a jump OF almost q
point to AIN. and Humble was a haif
point higher most Of the time. Vacuum
got close to the 100 level and Cario
Syndicate ran up on what appeared
to be short covering.
Further weakness developed in the
market for Electric Investors, which
was off nearly 2 points around the 40
level, and the Electric Bond and Share
securities reacted q point Another
weak spot was Remington Typewriter.
which was down almost points, and
General Baking B was selling at new
low on the move lust above 8.
Evening star., 1926-03-20
DECLINE IN STOCK PRICES is DUE
TO CONDITIONS ON THE INSIDE

commodities and too little attention to
profit margins.
The market has obviously been get
ting ready for some disappointing first
quarter statements. Nowhere has tho
prosperity talk been so emphasized as
In the automobile trade. It was some
thing Of a shock, therefore, when Huo'
son Motor, while making good snow
ing for the three months ended Feb
ruary %, disclosed quite drop from
the same period a year ago.
At the bottom the situation Is sound,
because buying has been done In com.
mercial lines for immediate needs and
without a view to future requirements.
This Is preventing overstocklng, Wnlcn
Is the rock upon which all trade ex'
pansions in the past have broken up.
But in many quarters 1t still remains
true, as 1t has been all along, that
manufacturers and distributors have
been unable to get UP their prices
commensurate with increased costs.
Commodity Conditions Unfavorable.
Reports from the textile centers
have not been favorable; the low lever
of raw cotton has so far not had the
effect hoped for in stimulating de-
mand. The leather industry mas ceen
disappointing and so has sugar. a
month ago the sugar trade was trying
70 get up confidence on the PROPOSE
tion that prices could not continue
below the cost of production and that
huge crops would be offset by an
extraordinary world demand. But the
sugar market has now gone pack 70
the lowest.
TO show how little stock market
movements are nowadays related 70
money movements, the selling on the
Stock Exchange has gone on with
time money dropping back to the JAN
uary low, which In turn was the low.
est since last Summer. Brokerage
and syndicate credits have now come
down within the last three weeks over
| $3.50 0,000, 900.
This is a notable fall and Is accepted
| as proof that Wall Street has been
| putting its house in order rapidly. Yet
easy money has not been a sustaining
element in the stock market situa.
| ton, and, while keeping high.class
bonds steady. has not checked the de-
clining tendency in bond investments
| Of the second and third rates.
The Foreign Exchanges.
The decline in French and Belgian
! currencies has been a feature OF the
week and has sprung from a common
cause. Neither government has yet
been able to put through a program
| Of increased taxes sufficient To balance
the budget. The Belgian franc caved
| in when the artificial support, long
maintained, was suddenly with.
drawn. The French franc has sunk
close to the record low Of March, 1924.
There Is no longer q charge, as
| there was two years ago, of an inter-
! national speculation TO deprcss the
| French franc. There IS no likelihood
of another supporting American loan
| until the war debt question Is settled
The French crisis altogether appears
| as acute as Il has ever been.
Evening star., 1926-03-20
DAIRY PRODUCTS.

BALTIMORE. March 20 {SpeciaD :.
Poultry, young chickens. pound. ~
a4o: Winter chickens. 45a4s: Spring
ers, 50a60; old hens. 2Sa33: leghorns.
2sa30: roosters. 20: capons. 3Sa4e:
ducks, 27a3s: geese. 20a27: young
turkeys, 40a50: old, 40; poor ana
crooked breasts. 2oa30; pigeons. pair'
35a40: guinea fowls. each. 35aS5.
Dressed poultry-Turkeys. young. 40
a5O: old, 40a42: chickens. young, s5
a40; old, 30a35: ducks. 30a35: geese.
20a3o.
Eggs-Receipts. SIT cases: native
and nearby flrsts dozen. offered at
2s; duck eggs. dozen. 54a55: goose
eggs, S0a1.00.
Butter. good TO fancy creamSry'
pound. 4fa44: prints, 44a46: ladies,
31a36: store packed. 3la32: dairy
prints. Sass: process butter, 3sa4o;
rolls S2a36.
Evening star., 1926-03-20
FOREIGN EXCHANGE.
Quotations furnished BY W. d. Hihbs & Co.,
Nominal Selling checks

NEW YORK. March 20 R--For-
eign exchanges. irregular: quotations
Tin cents): Great Britain. demand,
4s5&: cables. 4s6 3-16; 60-day bills
on banks. 4s1A: France, demand,
3.53ha; cables, 1884, italy, demand,
4.02; cables. 402A. Demand: Bel
GUM. 403; Germany. $3.50: Holland,
40.06; Norway. 21.45: Sweden. $3.50:
Denmark, 26.25: Switzerland. 1926:
Spain. 1909; Greece, 1877: Poland.
1878; Czechoslovakia, 2.96: Jugo-
slavia, 1.76; Austria, II: Rumania,
43M, Argentina. $3.50; Brazil, 1928;
Toxic. 45ss: Shanghai, TAN; Mont
real, 50 21-32.
Evening star., 1926-03-20
WOOL MARKET QUIET.
nac,al D,spssch 10 Tho Star.

BOSTON. March Gothic wool
market was extremely quiet today.
Aside from O fair movement OF fine
territory staple. little business was
done. The foreign markets are fairly
strong. although the spot foreign
wools are below domestic parity. but
local buyers seem uninterested In
foreign offerings. European buyers
are reported active In Montevideo. but
meeting little American opposition.
Evening star., 1926-03-20
BY STUART r. WEST.
,pecial Dispatch TO The Star.

Spec1al Dispatch to Ihe star.
NEW YORK. March 2o.-This
weeks renewed decline in Wall street
has once more been due to inside
rather than outside conditions. It IL
true that the business situation, as It
has developed during the last three
months, has not measured up to ex.
pectations.
The security market started the
year under the stimulus OF highly
favorable predictions. These were in.
dorsed by leaders in the financial and
business world. The idea spread that
lo26 was TO be a season Of unusual
prosperity and of active speculation
along the lines of last Autumn.
On the strength Of all this there
was launched in January fresh cam
paign on the Stock Exchange. Specu-
tative interests, who had made large
profits in the great advance Of Octo-
ber and November, tried to start
things going again. They were about
> 20 bid up prices here and there spec.
tacularly. but in the end they failed
10 attract a public following.
Professionals Hard Hit.
When efforts were made to dispose
OF stocks II was found that there
was little real market around the
high level. Professionals began SELL
ing to one another. and finally there
was a rush to get out, which appar-
emily caught some of the pools and
big spectators rather severely.
The decline was checked tempo
rarily 10 days ago, but it was re-
newed during the last week. The
whole movement was In the nature
Of a readjustment following a rise
which had got out of bounds. The
opposition shown to merger plans
favored by bankers and railway
iinanciers had a depressing effect.
In various directions. more especially
in the industrial field, the attempt
was made to put together properties
at a valuation which. to say the
least. was extremely liberal. The
breakdown OF these merger projects
took away from the market one Of
the main incentives upon which 1t
had depended throughout the Fall
and early Winter. Again stocks had
to get back to a basis Of individual
merits. and to give up the notion OF
a. great speculative era where In
dustrial concerns on the one hand
and railroads on the other would be
taken into combinations at what six
months ago would have been looked
upon as extravagant prices.
Business Competition Overlooked.
For the ninth consecutive week. ac-
cording to Dun's Review, wholesale
quotations have been coming down.
This has been due to a keener COM
petitton for business. A factor OF in.
creasing competition, indeed. and of
relatively low prices. has been some.
thing which Wall Street up TO two
months ago failed to properly ap.
pratsa. It was paying too much at.
tention 20 the reports Of big produc.
tton ana Of Q large distribution Of
Evening star., 1926-03-20
sHUBERT THEATER PROFITS.

NEW YORK. March 20 R.-The
Shubert Theater Corporation reports
its business on a highly profitable
basis thus far this year, with the re.
suit that for the fiscal year ending
June 30 next the company already
has earned balance Of approximately
alent to SIS q share. In the previous
fiscal year, net was SLOTS, 900, or $7.16
q share.
Evening star., 1926-03-20
BANKERS IN BALTIMORE
TIGHTEN CREDIT LINES
Feeling That There Has Been a
Tendency to overexpand Brings
Action-Business Goes Ahead.

Special Dispatch to The Star.
BALTIMORE. March 20.-"Tight-
ening UP" on lines Of credit is to be
noticed throughout the Baltimore
banking field. Always conservative,
Baltimore bankers have recently be-
come even more SO, due to the erratic
activities of the stock market and
to the feeling In some quarters that
there has been q tendency toward
in some parts of the
United States.
1t is doubtful IL there has been
any actual over-expansion in Balti-
more. but the tendency, reflected
from other parts of the country. has
caused a feeling here that it would
be wiser to hold down" q little now
rather than to run into a boom built
on unsound foundations.
In the meantime. business as a
whole Is going ahead. with only the
usual seasonal auietness in some
lines.
Evening star., 1926-03-20
BY WILLIAM +. HEFFERNAN.
Special Dispatch to The Star.

NEW YORK. March 20.--The two
outstanding incidents in today's ses-
sion on the Curb Exchange were
heavy selling Of motor shares and
persistent weakness In public utilities
stocks. Recovery occurred over good
part of the list, but 1t was a question
whether this represented elimination
Of the recent selling movement or
merely short covering by those de-
sirous Of evening up accounts over
the week end.
Stutz Motor lost another half point
and Auburn Auto, while Up fraction
ally, was still well below the recent
high. Belated stocks. like Goodyear
Tire, were freely offered. The motor
Evening star., 1926-03-20
COTTON IS F|RMER
ON GINNING DATA
Active Months 8 to ID Points
Net Higher After the
First Hour.
By the Associated Press.

By the Associated Press.
NEW YORK. March 20.-Cotton
futures opened steady. May, 1865;
July. 1928: October. 1888; December,
17.17: January. TIA.
Tho market opened at a decline OF
2 to 6 points. but tho tone was steady
and prices quickly turned firmer.
figures to promote any fresh selling
Tho opening decline was In response
to lower Liverpool cables, May selling
OF to 1856 and October to 17.52.
There may have been some local sell
ing on the census report showing
II. .103.686 running bales gtnned from
the crop Of 1925, or 6.0S5 ,905 equiva-
lent 5o0.pound bales.
Offerings were comparatively light.
however. and by the end OF the first
hour active months were 8 to IA
points net higher. May selling around
1855 and October. 1855.
More running bales were turned out
from the crop Of 1925 than for any
previous season on record. but reduced
to equivalent. 5o0-pound bales. the
yield fell slightly short Of the crop of
1914.
New Orleans Quotation.
NEW ORLEANS, March 20 R).-
Cotton futures opened steady; March.
1S.44: May, 1897; July. 1854. October.
16. .S5: December. 1890.
The market was steady despite
poorer cables than due. The final
ginnings total was as large as ex'
pected, reaching 16.103.5S6 bales. but
as that figure has been fully dis
counted the market rallied on the con-
tinued bad weather in the belt. After
declining to points from the start
prices rallied to 1912 for May, III:
for July and 1900 for October. or Is
to 10 points UP from the opening de
cline. The advance attracted more or
less selling and prices soon eased on
Is to Z points from the highs.
Closing Steady.
NEW YORK, March 20 R.-Cotton
futures closed steady at net decline oI
S TO 13 points.
Evening star., 1926-03-20
Washington Stock Exchange

SALES.
Canitai Traction 6s-S6o0 st o9&.
Potomac Electric Cons. 5s--S1. 900 at 100.
WsshinEton Gas 90 '33--sl.OO at l03%.
sop Potomac Electric Power pfd.--lo ct 1o7.
~ 'snston q aon MonotyreES - 1ySS. =. "a. 8 at SAX.
Merchants Transfer & Storage pfd.-2o
MerIenshaler. Linotype-1o at. 2osN. 90
at 200. 20 ct 20e. 80 at zoe. 10 at 209 4.
AFTER CALL.
Nergenthaler Linotype--10 at zoos. 10
st 200 *. 10 As 200h.
Noney-Csli loans. 8 ana 8 per cent.
Bid and Asked Prices.
Evening star., 1926-03-20
POULTRY UNCHANGED.

NEW YORK, March 20 R.--Live
poultry--Easy: no freight quotations.;
express prices unchanged. Dressed
poultry-Firm; prices unchanged.
Evening star., 1926-03-20
Your Banker. Knows.

When in doubt about security
consult your banker. 1t Is equally as
much his interest as your to protect
your savings. You trust him with
your deposlts-why not trust h1m
with your investment problems1
Evening star., 1926-03-20

NEW YORK, March 20.-Following
is an Official list of bonds and stocks
traded in on the New York Curb Mar
Evening star., 1926-03-20
PRICES UNCHANGED
IN CENTER MARKET
Trading Goes on at Levels
Set Earlier In Week.
Potatoes Steady.

There was no change in the whole
sale prices quoted by the dealers In
Center Market today. Eggs con-
tinue in good supply, with butter. and
poultry prices Arm at the levels set
earlier in the week.
Poultry receipts are still slow,
with the consequent higher prices.
Wholesale Prices Today.
Butter-Fancy. 1-pound prints. 40
n50; tub, 47a4S; store packed, 80:
Eggs-Average receipts 26a2615;
candled, Grass; hennery. 29a30.
Poultry. alive-Turkeys. top. 4oa
~: Spring chickens. 42a45; fowls,
32a33; Leghorns. %; ducks. 30a4S;
geese, 15a20: keats, young. SOasO;
old, 35a40. Dressed-Turkeys. 4Saso;
Spring chickens. 40a45; fowls. 50:
I.eghorns, 40: ducks, 32a35; geese. ~
a25: keats. young. soa1.o0.
Live Stock-Calves, choice, l4'
medium, 11a12; thin, 7as; hogs.
heavy and medium, 13is; hght'
choice, Is. Meats--Beef. 16: lamb,
25a2s; veal. 22a2<; dressed pork
heavy, 10; medium. 81; light, 2Ia.S;
loins, 33a34; shoulders, 23a25; fresh
hams 30a33
Evening star., 1926-03-20
Fruit and Vegetable Review.

Toiay's market report on fruits and
vegetables compiled by the Market
News Service, Bureau OF Agricultural
Economics says:
Apples-Supplies moderate; demand
moderate, market steady; barrels,
rennsvlvania. A 2is-inch Staymans.
o.50a6. 90: A "a inch. fair color. 4.ooa
4.25; A ga inch. Romes mostly, 600;
A ta.inch Ben Davis, up $50. Eir-
Sinia, No Baldwins. PA inches up,
fair quality, 3.75. New York. A 21s'
inch Baldwins. 4.00a4.50; some, poor
condition, 800. Boxes-Washington
medium to large size, extra fancy Deli
cious, 40Oa4.25: extra fancy Winesaps
and Yellow Newtons, 800: fancy
Romes, $50. Bushel baskets - New
York, A Pa s-inch Baldwins. 1.50-1.75.
Asparag limited: de.
mand light, market slightly weaker;
California. dozen-bunch crates. very
large size. 900; large size. 500.
Cabbage-Supplies liberal; demand
moderate. market steady: new stock:
type, 450a4.75; Florida, Ia bushel
hampers, pointed type. 2.25a2.50.
Celery-Supplies moderate: demand
. moderate. market fairly steady: Flori-
da, 10-inch crates, 3-6 dozen, 4.25a
$50; $40 dozen, mostly 400.
Lettuce-Supplies moderate: de-
,nand moderate. market steady: Cali.
forn!a. Imperial Valley. crates. Ice
berg type, 4-dozen. 4.25a4.50; 5-dozen.
3.75a4.oo: mostly 400.
Onions-Supplies moderate: demand
moderate. market steady: New York,
100.pound sacks. yellows. L. S. No. !.
s.25a3.50: Michigan. 100-pound sacks,
yellows. L. s. No. /, mostly $50; few
higher.
Evening star., 1926-03-20
Prompt Action
First Mortgage Loans

Lowest Rates Of Interest aud comruissien
Thomas J. Fisher & Company. Inc.
530 l6th Street
Evening star., 1926-03-20
BONDS.
PUBLIC UTILITY.
MISCELLANEOUS.
STOCKS.

F. Po, g. jess pnSs5s ssssk Ss - I'd BIZ: iSi ,Ss
Southern Bldg, 6As:. 10l -.
Wash Mkt. Cold storage 6s.. DO -.
Evening star., 1926-03-20
Potatoes Steady.

Potatoes-Supplies limited: demand
moderate. market steady: Michigan,
150-pound sacks, Russet Rurals.
United States. No. I, 7.00a7.25; New
York. 150-pound sacks, Round White.
United States. No. /. 7.00a7.25.
Spinach-Supplies moderate; de-
mand moderate, market firm: South
Carolina, cloth-top veneer barrels. Sa.
voy type. 3.0Oa3.50.
Caulifiower-Supplies liberal: de-
nand moderate, market steady; Cali
fornia, crates, 2.00a225.
TomatoaS-Supplies moderate: de-
,nand moderate. market firm; Mexico,
6s, ripes. wrapped. repacked. choice
count. S00a9.5o; few low as 200: lug
boxes. ripes, wrapped. originals. best,
4.75a5.25; poor quality low as $50;
cuba. Span cartons. ripes, wrapped,
choice count. 3.00a3.25; fancy count
S95a350
Carrots-Supplies moderate; demand
moderate, market steady; Texas,
bushel baskets, 1.75a2.00.
Beets-Supplies light; demand mod
crate, market steady; Texas. bushel
baskets, punched. 2.35a2.50: sfew 2.s5.
Peas-Supplies light; demand mod.
crate. market slightly weaker; Mexico,
crates, 5.75a6.25; few $3.50.
Peppers and eggplant - Express
receipts very light; too few sales to
establish market.
Evening star., 1926-03-20

NEW ORLEANS, March 90 R).-
Cotton futures closed steady at u net
decline Of 7 to IL points.
Evening star., 1926-03-20
New Orleans Quotation.
Closing Steady.

NEW YORK, March 20 @.-Cotton
futures closed steady at net decline oi
s TO Il points.
Evening star., 1926-03-20
STATEMENT OF THE CONDITION
OF tho
Toxic Marine and Fire Insurance
Co. Ltd. of Tokio. .Ianan.

On the 31st day of December, 1925, as re.
Quired under the District of Columbia Code,
amended juno 80. 1909. and August ls.
Evening star., 1926-03-20
TRUST COMPANY.

Eps;detial 2; si se stei age 0p.d. ....:. 103
Lanstcn Monotype ,;... 81
Trans. d storage !l9
Merchants. Tran. 4 Stor. pfd d0d
NerTenthaler Linotype. 200
Natl. Mtge. & Invest. pfd. .Sis
peoples Drug stores Ss pfd.. 100
Tsshinrton Market. ...... -
PEE divt6oud.
Douglas daily dispatch., 1926-11-02
u S. Producers
Cannot Compete
With S. America
NV WALTER DOUGLAsJ
president Phelps Dodge COrpOratiOnl

The past years operation of the
copper mines of the Uaited States
have shown Slight, though indica-
tive Improvement over the year 1924
in that the price obtained for the
output was almost three-quarters of
a cent higher, all of which advance
necessarily represents a profit Thess
more favorable conditions were due
primarily to increased domestic and
to less degree, foregn Consumption.
While it is estimated that the pro-
duction cf the mines of the United
States will show an increase of 49,
600 tons, the domestic deliveries in
creased $4,000 tons and the exports
about 10000 tons. Since the first of
the year stock of refined copper in
the United States has been reduced
from $4,000 tons to $1,000 tons, or
less than a months supply for do.
lnestic consumption. The average
price obtained for copper throughout
the year has been approximately II
cents pound which, while as abova
stated, is higher than in 1924, is STILL
on the basis of the prices obtained
for the other nonferrous metals, fat
below the figure which it should
command.
Both lead and zinc are selling at
the present time at figures in excess
of 100 per cent over their pre-wal'
prices, while copper is the only COM
modify in general use which com
mands figure materially less than
at which it sold prior to the war.
AS the consumption of copper, both
IN the United States anI abroad, has
shown a healthy Increase, the obvious
answer to the poor price which the
metal commands is the menace of
over production. If the price optaln>
ed for a commodity is governed by
the law of supply and demand the
of the troubles of the copper
producers would obviously be to pro-
duce only market requirements. AS
a. matter of fact the mines of the
United States have not Increased their
output in anything like the ratio of
the increase in consumption. This
statement, however would mot apply
to the producers of South America
nor of Africa, the other large COM
petitors of the United States. 1t may
Douglas daily dispatch., 1926-11-02
TWO FAMOUS SCREEN
AND STAGE STARS TO
BE HERE WEDNESDAY,

Two famous stars of the stage and
screen viii be seen in Douglas when
Marleau and Ricardo come to the
Grand theatre Wednesday with the
Columbia ladies orchestra, it is an
nounced by the theatre management.
Marleau and Ricardo are the orig
inal dancers of Valentines screen
success, "Blood ana Sand,'' and their
last appearance before the move
camera was in Tempest" recent
Metro -Goldwyn production, not yet
They also toured for 20
consecutive weeks under Fanchon and
Marco, dancing i'll all of the principal
theatres Of Los Angeles, San Fran
cisco and other California cities.
The talented dancers appeared for
six months at the Principal theatre
in Mexico City, as we'll as in the Ma
tional theatre of the same city. Miss
Malleau also doubled for Barbara La
Mar in that stars dancing scenes. In
Miss La Mars last picture '"The Girl
from Montmarte,'' Miss Marleau play
ed an important dancing role and
she also doubled for Clara Kimball
Y Young in Souls of. Rafael
In Fay Lamphier's latest revue Miss
Marleau was chosen as Mss Mon
terey."
Douglas daily dispatch., 1926-11-02
Cameron Given Big Lead in
Student Straw Vote Monday

United States Senator Ralph H. Cam
eron was given almost two to one
majority over his opponent, Carl Hay
den, in the straw vote cast by the stu
dents Of the Douglas high school Mon
day afternoon, it was announced by
members of the faculty.
Following are the results of the
"election',: For governor, Hunt ITO,
Clark 1877; for senator, Hayden 1O1,
Cameron 1876; for congressman, Douglas
241, Vaughn 81; for sheriff, Henshaw
159, Hood 1873; for supervisor, Hart 2O2,
Scheerer "a.
At Grammar School
A trial election was held by the
pupils of the Douglas grammar school
Monday morning. Ten principal can
Gidates were voted on. If the old
rule of like father, like sn" be re-
vcrsed to apply TO the school ballot
ing, some interesting results in the
election of today may be expected.
The grammar school election snow.
ed George w. p. Hunt defeating E.
s. Clark for the governorship by
vote of 324 to 1sS, Senator Ralph H.
Cameron victor over Carl Hayden by
a vote of 331 to 176; Lewis Douglas
defeating Otis j. Baugbn for con
eressman by a vote of 430 to 70;
= ohm Hart defeating Jacob Scheerer
by a vote of 342 to 157 for supervisor
and Joe Hood victor over George
EIenshaw in the contest for sheriff of
Cochise county by vote of 301 to
2C9.
The election held at the school
brought out the fact bhGt the pupils
are keenly interested in'rthe election
today and are well acquainted with
the issues of tho campaign. For in
stance, a number made the statement
that they voted for Senator Cameron
because IF his support of q tariff on
copper, which they considered vital
to the interests of Arizona
Douglas daily dispatch., 1926-11-02
BOWLING B O G
Y. NJ. C. A.

Y. Nj. C. A.
The Panthers trounced the American
Legion No. 1 team last night at the
"Y' alleys. Three points were regis
tered in their favor as a result of their
victory. Swain, bowling for the win
nors, accumulated high total for the
match with a mark of 452. Hoyal
bowled a .otal of 444 for the losers,
While Hinton of the same team made
the highest mark of the evening for a
single game with his 1877
The Y. NJ c. A. team and the De
Molay team forfeited two points each
for failing to appear for their match.
Tonight's program viii consist of a
battle royal between the Copper Queen
aggrega ton and the Y. N. c. A. quin-
tet This will be the only match for
the evening. The scores follow
Panthers: Bise, 3S4; Jorgenson, 324;
Swain, 452; A. J. Hill, 44O; E. E. Smith,
500. Total, 22S5.
American Legion No. 1: Weiss, 435;
Hinton, 433; Stolaroff, 37S; HHoyal,
444; Negri, 372. Total, 2O62.