davidaulloa/AmericanStories huggingface dataset:
Evening star., 1926-05-16
EVERYMAN'S
INVESTMENTS

by GEORGE T. HUGHES.

Granted that the railroad repre-
sants an industry essential and per-
manent. the question next arises
whether operation Is profitable. In
some respects the business OF rail-
roading is in unique posltlon. Inc
rates the carriers may charge ior
their services are regulated py the
Government. Public authority Is nee
essary before the railroads can lay
a mile Of new track or tear up a mile
of old. Permission from the Govern
ment Is necessary before any KIND OF
financing can be done. The law even
goes SO far az to set O. maximum
amount railroads may earn on tnelr
property value.
In short, without going into details,
every railroad activity 10 closely su-
pervised by the Federal Government
In one particular this 10 all 70 tne
advantage Of the investor. Inat Is
the publicity which attends the rali-
road operations and earnings. An III.
dustrial corporation may or may not
make quarterly earnings statements.
Those that do are in the minority
but a railroad must and does make q
report every month. and that on forms
prescribed by the Interstate Com
merce Commission.
The result Is that the investor IN
railroad securities can keep in touch
with the financial progress OF the
railroad in which he is interested
at intervals Of 80 days. He may know
If he will just watch which way the
current is flowing. If net income is
falling off he knows he must be on
his guard if it is gaining, on the
other hand, he understands his posi-
ton is being made more sure.
Only in the public utility field is
there any comparable safeguard for
the investor that Government regula-
ton and enforced publicity provide
for the investor in railroad obliga-
tions. And as the utilities are State
supervised, regulation is not uniform
the country over, as it is with the
railroads.
Finally. it is possible to go back
over the records for a longer period
of time with the railroads than with
most Of the utilities when one wishes
to ascertain how any particular prop
erty has Jared in times OF depression.
Railroading Is an older industry than
electric light and power, which is its
chief competitor for investment favor
In these days.
Evening star., 1926-05-16
COTTON IS QUIET;
YIELDS SLIGHTLY
Market Closes Very Steady,
Offerings Are Light-Buy-
ing Likewise.

by the AsSOcldted Trcee.
NEW YORK, May 15.-The cotton
market was quiet today, prices work
ing lower under prospects for favor
able weather in the South over Sun
day. October contracts sold off to
17.44, but recovered a few points in
late trading. and closed at 1853. The
general market closed very steady
at net declines of 3 to 13 points.
The opening was steady at a de-
cline Of l to z points in response to
relatively easy Liverpool cables and
more favorable early weather map
than anticipated. Offerings were light,
but there was little buying power, and
the forenoon market worked lower
under liquidation by some OF yester-
days buyers and slight selling, ap-
parently for Southern account.
The Official Western belt forecast for
fair weather with rising temperature
was in line with the more optimistic
1t was thought that predicted showers
in the Eastern belt might be accom-
panied by slightly lower temperatures,
the outlook for additional moisture
in that quarter was considered ia,
vorable.
July contracts sold off to 1926 and
December to 1881, active months
showing net losses of 10 to 20 points
in later trading. Last prices were
to points UP from the lowest on
covering.
British labor news indicated salts
factory progress toward normal, but
Liverpool was slightly lower than
due. Private cables reported some
trade calling offset by local and Man
chester selling.
The amount of cotton on shipboard
at the end Of the week awaiting
clearance was 91,162 bales, against
1882 last year.
The government report, placing
last years cotton acreage under cul-
tivation as Of June 25 at $4,000, 900
and the area picked at 46,053, 900.
with an average yield Of 1872 pounds
to the acre, was published after the
close Of the market.
Evening star., 1926-05-16
BALTIMORE LIVE STOCK.

BALTIMORE, May ~ (SpeciaD.-
The general live cattle market rules
steady under fair activity, receipts
generally Of top grade stock being
slow.
Choice Spring lambs continue
scarce. and wanted at fun values, but
not much call for old sheep.
Quotations today at Light Street
wharf: .-.
Beef cattle, first quality, pound, 8a
3. common to medium, 5a7: bulls, as to
quality, 4a6; cows, choice to fancy.
5a6: common to fair, 3a4; oxen, as to
quality, 4a6; milk cows, choice to
fancy. head, 50.00a75.00; common to
fair, 30.00a50.00; calves, veal, choice,
pound, ~; ordinary to medium, 9a10;
rough and common. TaS; small culls.
CAT. sheep. choice. 7as: old bucks. 5a
s, common, 3a4 lambs. Spring, choice.
IS: fair to good, 16a17; Fall. as to size
and quality, 10a15; hogs, straight, ia
10: sows, Sa10; stays. 5a7; old boars,
oa.3: live pigs. %; shoats, 15a20
Evening star., 1926-05-16
NEW PRICES TOMORROW.
Substantial Cuts in Sheetins
Values Are Expected.

NEW YORK, May is E>.-~New
prices on ~ bleached cottons and
wide sheetings will be announced Mon
day morning by leading factors, and
1t is expected that the substantial
reductions from last lists will be made.
Gray goods markets continued quiet
as the week closed. Wash goods were
In a. little better demand. Rayon
goods were cut in price to move
stocks. Burlaps We're but little
changed for the day. Reports from
continental linen centers indicated
steady improvement in that industry,
but locally the demand continued fit-
full. Additional lines Of fancy dress
goods are being shown In samples by
some PasSaic mills.
Evening star., 1926-05-16

SPECIAL NOTICE.
under the laws of the District of Columbia.
party OF the first part under a certain in
denture of mortgage or deed Of trust dated
July !. 1919, to the Fidelity Trust 60. tof
Drossens seren a. Stated Il saad 10
ment does hereby give notice Of ts ,nten,
bonds secured by said mortgage or deed Of
trust at 102 per cent, at the banking house
Of the American Security 4 Trust Co. on
July l. S26.
All Of the bonds are called under the pro-
visions. of article SECOND Of said mortgage. or
deed of trust and the interest on said bonds
will cease on the ] at day Of July, A. D 1926.
tsfSi h1 wr1I1.S hEv1 = no0HAR 6HARE ps,ds,, Slgb
Attest: II. PRESCOTT GALLEY. Secretary
Evening star., 1926-05-16
EXPECT PAYMENT.

NEW YORK, May Is (P).--Bank-
ing circles in Philadelphia take the
view that the political disturbances
in Poland will not interfere with the
business relation between that coun-
try and Baldwin Locomotive Works.
Poland's net payment to Baldwin is
scheduled for June 80, when princi-
pal of 1895 900, with interest Is due.
Baldwin Locomotive held $3.50 900 in
Polish bonds at the close of 1925.
Evening star., 1926-05-16
BUTTER IS STEADY.
Unsettled Undertone Prevails in
Some Quarters Now.

CHICAGO. May IS CP).-The but
ter market today appeared steady at
unchanged prices, although an un-
settled undertone prevailed in some
quarters. Supplies on dealers floors
were ample to meet the demand,
although buying interest was center
ed mostly on 80 and 80 scores.
The centralized market was steady
with only IS and 50 scores available
for trading
Fresh 90 score, 392; 81 score, 3eL /;
90 score, 80; SO score, 3S; So score, 81;
81 score, 36; S6 score, 80.
Centralized 80 score, 39la: 50 score.
SO: SO score, 36h.
Evening star., 1926-05-16
STEEL ORDERS GAIN.

NEW YORK. May 15 R).--Book-
ingS of fabricated structural steel this
week were considerably above aver
ge, totaling 43,600 tons, which made
Up for a couple Of lean weeks re-
Gently. The average for the last five
weeks was only II per cent below the
previous average since the first OF the
scar
Evening star., 1926-05-16
BOND SUMMARY FOR THE WEEK
T.. =. BONDS.
I026---

high. Low Hgh Tow Last Yield
90 hsv
876
41is
leH2 Ol6 1889 loSS
Evening star., 1926-05-16
SUGAR MARKET QUIET.
Prices Are Unchanged, as No Sales
Are Reported.

NEW YORK. May Is Cp).--The raw
sugar market was quieter today, and,
as no sales were reported, prices were
unchanged at Ala, duty paid
Raw sugar futures were inactive
but the undertone was steadier Final
prices were unchanged to points net
higher on covering aud buying by
commission houses. May closed 2.42,
July 2.52, September 2.63, December
2.74, January 2.74.
The refined sugar market was quiet
and unchanged at $40 to $50 for fine
granulated.
Arizona state miner., 1926-01-16
MOTORS ARE HUMMING
ON RED WING FARMS
Trial Electric Line in Minnesota
Is Operating-The Farm
Machinery Question.

These are busy days on the eighteen
farms lying five miles out from Red
Wing, Mimi, where rural electric
transmission line has been put into
operation to determine by scientific
investigation the economic POSSIBLE.
tiles of electricity in agriculture
Within the last few weeks a great
deal of special apparatus for use on
these farms by electric energy has ar
rived and been put into service
The current on the trial line was
turned on for the first time on Christ
mas eve At that time, however, the
installation and wiring on the differ
ent farms provided only for electric
lights. No farm equipment for elec-
trical operation was installed until
March Is.
Equipment Arriving Daily
During March and April, however,
almost every train brought some new
piece of equipment into Red Wing
and these utensils were installed as
rapidly as possible.
The Joint committee which is con
Quoting this experiment consists OF
four farmers, two power company
representatives and the dean of the
Minnesota College Of Agriculture. The
chairman is James F. Reed, president
of the Minnesota Farm Bureau FEEDER
alton and vice president of the Amer
ican Farm Bureau Federation.
Manufacturers of electrical equip
ment and of farm machinery are
Watching this enterprise with keen
eyes Some Of the biggest of these
companies are cooperating by furnish
ing equipment; others are taking note
OF the progress and method of pro-
cedure The General Electric Com
pany sent one Of its engineers all the
way from it's headquarters at Sche-
nectady, N. Y, to Inspect the trial line
and observe all that is being done.
Arizona state miner., 1926-01-16
LOW RATES AND LIBERAL USE
is AIM ON THE ELECTRIC FARM
minnesota Epermeners Suggest Consumption of 800 XVIII Per
Month"; and Set Up Rate of Five Cents Per
XVIII After Fixed Charges

TO induce farmers who electrify
their farms to use as much as 300 kilo-
watt hours Of energy month, by rea-
son of attractive rate schedules, is
one of the basic objects Of the expert
mental farm transmission line now in
operation outside the city of Red
Wing, Mimi. On most farms where
electric energy is supplied by power
company, the farmer seldom uses over
20 or 35 kilowatt hours of energy per
month--a rather startling difference
between present practice and hoped
Cor accomplishment
In that gap between 80 kilowatt
bours and 800 kilowatt hours lies the
hidden reason why electric energy for
farm use, when provided by a power
company, has heretofore been an eco
nomic failure, according to the pro-
moters Of the Red Wing experiment
Speaking for the joint committee
which Is in charge of the farm line ex-
tending five miles out of Red Wing
Arizona state miner., 1926-01-16

25 kilowatt hours, showing that he is
still fighting to keep under this mini
num-"
Low Rates for Large Usage
Mr.. Stuart then showed how the
carefully studied rate tentatively estab-
lished for the Red Wing experimental
line is expected to operate by contrast
with rates just alluded to. Having de-
termined an equitable fixed charge for
each customer Of Sc. 80 a month, cover
ing insurance, depreciation, main
tenance of the line, taxes and over
head expenses, the energy rate was
made low. It is cents per kilo-
watt hour for the first 80 kilowatt
hours, and cents per kilowatt hour
for the excess.
Under these rates it develops that
the farmer who seeks to secure electric
energy solely for electric lights and
nothing else has necessarily and un-
avoidably taken on an expensive propo-
sition. But, If he uses electric energy
Arizona state miner., 1926-01-16
----------- --- ----
NOTICE

Notice is hereby given that Chas.
Hyder, doing business under the
name and style of Hyder's Garage,
Wickenburg, Arizona, did, on the
10th day of December, 1925, sell
said garage and business and lease
the building in which said garage
and business is conducted, to
w. L. Carpenter and John Leroy
Pemberton, and neither Chas. Hy-
der nor Hyder's Garage will be
responsible for any obligations
contracted by said garage or w. l..
Carpenter and John Leroy PEN
berton, or either of them, subse.
quent to December 10, 1925. and
during the term of said lease,
which said lease is recorded in
the Office of the County Recorder
of Maricopa County.
CHAS. HYDER
1st pub. Dec. 26-last pub Jan. 16
Arizona state miner., 1926-01-16
SUM MONS
No. 2t534

Inc the Superior Court OF Mari
copa County, State of Arizona
CHARLES HYDER. Plaintiff,
r. L. BEALS, FLETCHER
HAMILTON, and Mary j. NC
DONAL, co-part1ers doing bus
mess under the name ana
style of VULTURE MILLING
COMPANY, Defendants.
THE STATE OF ARIZONA to
r. L. BEALS, FLETCHER HAM
ILTON, and Mary j. McDONAL.
cO-partners, doing business under
the name and style of VULTURE
MILLING COMPANY. Defendants,
Greeting:
You are hereby summoned and
required to appear in an action
brought against you by the above
named plaintiff, in the Superior
Court of Maricopa County, State
of Arizona and answer the Com
plant therein filed with the clerk
of said Court, at Phoenix in said
County, within twenty days after
the service upon you of this Sum
mons, ifsserved in this said coun-
ty, or in all other cases within
thirty days thereafter, the times
above mentioned being exclusive
of the day of service, or judg-
ment by default will be taken
against you.
Given under my hand and the
seal of the Superior Court of Mar
icopa County, State of Arizona,
this 8th day of December, 1925.
CLAUDE S. BERGMAN,
Clerk of the Superior Court.
By N c. Moore, Deputy Clerk.
Arizona state miner., 1926-01-16

VS..
~. c.. Gooch, Defendant.
The State of Arizona to ]. G..
Gooch. whose residence is unknown.
Defendant, Greeting:
You are hereby summoned and re-
quired to appear in an action brought
against you by the above-named plain
tiff in the Superior Court of Maricopa
County, State of Arizona, and answer
the complaint therein filed with the
Clerk of said Court, at Phoenix IN
said County within twenty days af-
| ter the service upon you of this Sum
mons, if served in this said County,
or in all other cases within thirty
days thereafter, the times above men
toned being exclusive of the day of
service, or judgment by default will
be taken against you.
Given under my hand and the seal
of the Superior Court of Maricopa
County, State of Arizona, this 13 day
of January, 1926
CLAUDE S. BERGMAN,
Clerk of the Superior Court
BY N. c.. MOORE, Deputy Clerk
1st pub Jan 16, last Feb I'll l. F B
Arizona state miner., 1926-01-16

and serving eighteen typical farms,
Charles +. Stuart, assistant to the
vice-president and general manager Of
The Northern States Power Company,
which built the line, told CT an investi-
cation just made of more than thirty
existing farm lines, in various To-
calities. which serve 1,452 customers.
Why Farm Lines Haven't Paid
Tt was found" he said, "that every
one Of these farm lines was losing
money. The reason why was soon
made all-apparent, for the average
consumption for these 1,452 farmers
was only 2S.7 kilowatt hours per
month. which is less than the average
city resident customer uses. 1t seems
probable that this low consumption is
due to two factors, one being rate
structures not inviting to liberal use
Of current and the second being that
the farmer never has been shown how
to use electricity literally to his own
advantage.
Farmers have financed the build
ing OF rural lines and decided them
over TO the power companies, which
usually charge at least IL cents per
kilowatt hour for the first hundred
kilowatt hours, with a minimum bill
Of $5 a month for the next hundred
kilowatt hours, at a step cent lower,
and the excess perhaps at a further
cent reduction.
These rates are not exorbitant, but
do not invite the progressive farmer
to liberal consumption, in that the
farmer never gets down to cheap cleo
tricity, no matter how much he uses.
"Take a rate Of 100 kilowatt hours
per month at IL cents net, with a
minimum charge of SIS Per month. A
study Of lines with this rate reveals
that the farmer makes very sure never
to exceed his minimum bill. His S.
entities him to approximately Al kilo
watt hours, but his average consump
tion is about 35, showing that he is
determined never to go over his mini
mum.
"Where the minimum bill is So pei
month. his consumption is held under
Arizona state miner., 1926-01-16
wIcKENBuRG NEWS

The first semester examinations
are being given this week in both
grammar and high schools.
E. / Mills left on Thursday morn
ing for Glendale, California. Mrs.
Mills and Junior will return with him
about the first of February.
+. c. Reed of Phoenix has been
a business visitor in town the past
week.
Mr. and Mrs. A. P. Irvine mo-
tored to Phoenix on Tuesday, where
Mrs. Irvine goes for treatment, hav-
ing been ill for several months.
Murray NJ. Brown and mother, Mrs.
Mary A. Brown of Colorado Springs,
Colorado, who have been guests at
the Bishopp Rancho for the past two
Arizona state miner., 1926-01-16

Estate of Harry B. Watson, de-
ceased
Notice is hereby given by the
undersigned, Hannah ]. Watson,
Administrative of the Estate of
Harry B. Watson. deceased, to
the creditors of and all persons
having claims against the said
deceased, to exhibit them, with
the necessary vouchers! within
four months after the first publ
cation of this notice, to the said
Hannah ]. Watson at 404 Home
Builders Building, Phoenix, Ari
zona, the same being the place
for the transaction of the business
of said estate, in said County of
Maricopa
HANNAH ]. WATSON
Administrative Of the Estate af
Harry B. Watson, deceased
Dated this 80 day of December,
1925.
1st pub. Jan 9-last pub. Jan. 80
AGENT WANTED IN WICKENa
BURG TERRITORY. Sworn proof
of $75 90 a week $3.50 an hour
for spare time Introducing finest
Guaranteed Hosiery, 126 styles and
colors. Low prices. Auto furnished.
No capital or experience neces-
sary. WILKNIT HOSIERY CO,
Dept. B-46. GREENFIELD, OHIO.
Arizona state miner., 1926-01-16

the contractor who built the Hill
building, a frame shed and is moving
it onto his OF on Mob hill. He will
use it for a garage.
Buck Lambert unloaded a car OF
flour for the Brayton Comm'l Co.
Wednesday,
Arizona state miner., 1926-01-16

Tor various other purposes, so that his
total consumption increases, and
thereby the benefit resulting from the
electric energy on his farm also pre-
sumably increases, it becomes worth
while. The reason for this was shown
by an imaginary case, worked out
by Mr.. Stuart
Cost Per kiIoWatt Hour Decreases
It assumed that a farmer used 20
energy rate established for the Red
Wing line. This would cost him the
fixed charge of $500 plus 81 for the
energy, a total of $3.50, or 39.5 cents
per kilowatt hour. But IL he used so
kilowatt hours per month, his total
bill would amount to only 50, OF Is
cents per kilowatt hour. If he used
100 kilowatt hours, his bill would be
only $10.50, which is 105 cents per
kilowatt hour; and If he used 800 kilo-
watt hours, his bill would amount to
$3.50 or 5.5 cents per kilowatt hour.
This" said Mr.. Stuart, sis what we
call a rate schedule which would in
NACOp AoCACA IA1A AOhAbAC1 L0C AAOOA al
use Of electric energy"
AS to Effective Usages
The practical tryout Of such rate
is one of the two big objectives Of the
Red Wing experiment. The second
is a serious study of the application Of
electricity to agriculture.
This dove-tails into the other objec-
tive in very practical manner. 1--WE
lealized," said Mr.. Stuart, that there
would be no common sense in getting
the farmer to consume large amount
of electric energy just to earn low
kilowatt-hour rate, and that the job
was ours to show him how to use, to
his own advantage, some ten times as
much energy as he now consumes. We
have got to find that out, and we must
not do it at the expense of the farmer"
This part of the Red Wing investi.
cation is now being followed through
with every indication of some interest.
ing results, although it is still too
early, the joint committee declares, ia
| try to indicate these results.
Arizona state miner., 1926-01-16

months, left on Wednesday for Tue
son. Mr. Brown will do special work
at the University of Arizona. They
made many friends during their stay
here.
Mr. and Mrs A D. Woodmansee
and Mrs Dan c. Hinkle motored to
Phoenix on Wednesday on a shopping
trip.
Mrs. A. J. Coleman was business
visitor in Phoenix Thursday.
Luther Burbank of Hollywood, Cal
ifornia, is guest at the Circle Fly
ing w Ranch.
Mrs. L. A White and son Jimmie
Bob were Phoenix visitors on Thurs
day.
T. ] Jordan was a business visitor
in Glendale on Thursday
Arizona state miner., 1926-01-16
WICKENBURG

John Fletcher, who has spent the
holidays here with his parents, Mr..
and Mrs William Fletcher at the
Remuda Ranch left on Thursday
morning to resume his school work
at the Los Alamos school at Otocai,
New Mexico.
E. C. Crane, whom the officers
have been watching for some time
suspecting that he was bootlegging,
was arrested last Saturday. Judge
Riggs issued a search warrant The
officers went with it to the house
owned by Frank Verdugo up the riv-
er a mile north Of town. Deputy
Sheriff Blake Baker and Constable
Burleson found the still in operation.
The man was placed in the local
Jail Saturday night. He was taken
to Phoenix Monday, where he will be
tried
Charles Hyder moved the house sit
uated behind the postoffice to a lot
on Tegner street. Mr.. Hyder owns
the place and will fix it up to rent.
DR.. Walter Brown of Jonesville,
Kansas and j. R. O'Brien of Phoe-
nix, visited the F. x. O'Briens Thurs
day DR.. Brown is J. H. O'Brien's S
son-in-law. This is his first trip 20
Arizona. He likes Phoenix and hopes
J to return and make more prolonged
visit to see more of our sunshine
state
Mr.. and Mrs. Ora Ham were in
from the cattle ranch east of town.
They spent the week end with the
Il. B. Woods
Ed Rudolph of Phoenix was in town
i Wednesday calling on F. x O'Brien.
The Hill building is completed and
| the contractors, Mr.. Price and Mr..
Bennett and Mrss Bennett returned
to Phoenix Friday afternoon.
A. NJ Lane attended the loss and
damage meeting of the Santa Fe
held in Phoenix during the past week.
Mr.. and Mrs. j. w Anderson and
children of Phoenix were guests at
the A. D. Woodmansee home on
Sunday
Mr.. and Mrs. John Utter, daugh-
ter Betty and son Bobby of Detroit,
Michigan are guests at the Circle
Flying w Ranch at the Garden of
Allah.
Frank Fredericks left on Thursday
morning for Prescott. He has been
quite i'll the past few weeks.
w. H. Edmunds, who has been
a guest of Leo Weaver at the Circle
Flying w Ranch during the holidays,
left on Friday night for Los Angeles.
Dad and Mrs. Turner and Mrs.
Bowman and family of Glendale, and
Mrs. Cooper of Nadaburg spent Sun
day here as guests of the Ross Will
sons.
Mr. Hitchcock was in from the
goat ranch near Stanton Saturday.
f: Deputy Sheriff Blake Baker went
to Florence to witness the hanging
of Lawrence Friday morning
Conductor Lane of the Santa Fe
is laying off. He went to Phoenix
on Thursday.
hYs0Iy hos q
been sick for week, is able to go
back to work.
Mr.. and Mrs. w. T. Bonine re-
turned from California, where they
had been spending the holidays with
relatives there. They visited in
Long Beach and Los Angeles, but
were glad to get back to Arizona.
Zeke Martin of Forepaugh was in
this week for oil and supplies
Mr.. Mizell of the Standard Oil was
in Aguila Friday on business.
Gene Upton motored to Prescott
Thursday.
Mrs. Mcpherson and granddaughter
; Edith of Coronado Beach, Calf, mo-
tored over to Remuda to spend the
week end They returned to Califor-
MIA Monday afternoon.
Mr. Fred Kerrick, who spent the
holidays in San Francisco, returned
to Remuda Sunday morning accom-
panied by his aunt, Mrs. Eunice
Cough They will remain few
Arizona state miner., 1926-01-16

COMMITTEE MINNESOTA
Of
6ureau AM Of comm
Arizona state miner., 1926-01-16
SUM MMoNS

In the Superior Court of Maricopa
County, State of Arizona.
Lyna Stewart Gooch, Plaintiff,