davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-03-23
ANNOUNCE BANK
ESSAY THEME

President Francis G. Addison Of
the District of Columbia Bankers
Association has announced the sub
ject of the essay contest for junior
bank employees for 1926. The theme
selected this year is Suggestions In
Improving Systems and Practices
In Any Department OF, q Bank or
Trust Company" The subject has
been forwarded by President Addi-
son to President r. Jesse CLANCY
OF the washington Chapter OF the
American Institute Of Banking; who.
win announce details Of the contest
later.
Great interest is taken in this
annual essay contest and the three.
highest papers are read each year
before the members Of the District
of Columbia Bankers Association
at their annual convention. In 1924
the subject was ''Service vs.. Serv-
ice.' In 1926 the papers were
upon Opportunities For Employees
To Create Good VIII and Bring
Business TO Their Banks
The subject selected for this year
Is, in way, continuation of
the earlier subjects while giving
each contestant considerable lati-
tude In his selection Of his main
topic.
s. Bryan Pitts. chairman OF the
board OF the f. H. Smith Company,
has returned fromsa six weeks VA
cation trip to Florida.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-03-23
ATLANTIC COAST LINE
CLEARS $16,4e3,142

NEW YORK, March 23.-Reflect-
ing the increased freight and pas
senger traffic in Florida and other
Southern points last year, the At
lantic Coast Line Railroad earned
$1S,483,142, or at the rate of $26.93
a share in the year ended Deem
Der 81, according to a report Of
the company made public today.
In 1924 Atlantic Coast Line made
a good record with net earnings
OF $13,275, S41, equivalent to 1884
a share.
Gross income last year aggre-
gated $93,997 ,697, while operating
expenses were $64,996,121. After
paying dividends of $6,182 ,593, the
company was able to add $12. 800, $40
to surplus funds.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-03-23
TRUST ESTATES
PLA|NED
BY RICHARD HATTON

A recent publication by the
Washington Loan and Trust Com
pany should prove Of great interest,
not only to bankers and trust Of
ficers but to the general public
as well, for the pamphlet, which
is attractively bound, well printed
and comprehensively sub-headed
contains a wealth OF information
which cannot fail to appeal to
those interested in Federal and
State practice in law, equity and
kindred proceedings and analyses
OF cases involving the application
Of principles of accounting and le-
gal precedents pertaining to trust
estates, banks and banking, con-
tracts, partition suits, corporations,
etc.
The contents Of the booklet COM
prises excerpts from lectures on
legal accounting and court auditing
by Herbert L. Davis. LII. NJ, audi
tor OF the Supreme Court Of the
District Of Columbia, member Of
the bar of the Supreme Court OF
the United States and lecturer on
legal accounting and court auditing
of the National University Law
School. The publication is copy
righted by Herbert L. Davis.
The complicated machinery which
It has become necessary 20 evolve
Ia order to acquire, preserve and
manage capital and wealth" says
President John B. Larner, Of the
Washington Loan and Trust Com
pany, in an enIightening introduce
ton to the more technical text
the field OF human endeavor the
! en- fn1 4ef 10 faaIf - Ned
and thoroughly competent to do
one thing better than the average.
As difficult as it is to acquire capt.
tai and wealth. 1t is equally diff
ficult to preserve them. since, hay
ing been once acquired, they are
subject to the forces which work
for decay and destruction in hui
man affairs
An estate in the hands of q
hducfary is q sacred trust, since
II Is often the only resources to wild.
ows, orphans and others who are
the natural objects of. the soIicituda
and bounty of the creators Of es.
tates.
''Legacies. devises and requests
from a testator to those he loved.
very often represent assets accumu-
lated by years OF ceaseIess toiI and
denial on the part of creator of
an estate.
Prudence is required In protect
ing It, skill in making IT profitable,
discretion in guiding it through
changing conditions. experience n
meeting the possibilities and SOW
ing the problems which almost
constantly present themselves.
" 4 layman appointed as executor
or trustee. may never have had
any experience acting in such an
important capacitys at the best. It
IS proboble that he has previously
served only q few times. The
Trust Company on the other b
makes that a part OF ITS regular
business; it has officers competent
10 act in conjunction with the
counsellor. who may have served
the testator during his lifetime
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-03-23
ROOT OF DIVORCE EVIL
is CLOTHES, FINDS JUDGE

CHICAGO, March %. Twenty
two years on the bench. the larger
period passed as arbiter in divorce.
has caused Judge William N.
Gemill to reach the conclusion that
clothes are an outstanding subject
that part the married He has
written book on his experiences.
''It is the duty Of the dress
maker" the Judge writes, to fit
the filny garments to the airy fairy
Lillian. but it is the duty of her
husband to fit them to his pocket
book. When he fails and throws
up the sponge, it is the duty OF the
Judge
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-03-23
YOUNG NoRWEGIANs WIN
I'M SKI JUMPING TEST

OSLO. Norway, March % The
annual Holmenlxollen ski,jumping
contest on the hills above the
capital brought several thousand
to witness the contest.
The weather was perfect.
The contest is international i'll
scope. representatives OF many for
eign nations taking part but. as
often before. the young Norwegians
proved to be the best ski jumpers
Of the world.
The Kings Cup was won BY
Johan northumberland, and the
first prize by Hagb. Haakonsen.
American colors have been repre-
scented In some Of the skiing con-
tests here this winter. by six mem
bers Of the ski club, Norge, III chi.
cage. These Chicago men. who are
all OF Norwegian origin, have won
quite few prizes IN recent con-
tests.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-03-23
Oils AND RAILS
OPEN |VELY
~ IntsrnatIonaI New serVIce

NEW York. March 2S.-Witll the
successful conclusion OF the merger
plans for the. tide water and asso-
ciated oil companies, the market
turned its attention in the early
trading today to the stocks Of other
oil COMPANIES which have recently
been mentioned III other possible
mergers or consoli dations.
The market was dull and fea-
tureless In this period. with price
trends somewhat mixed. Union OIL
of California, MARYLAND OH, Texas
Company and Phillips Petroleum
reached higher price levels IA active
trading In the oil group, while
smaller advances were scored In
Sinclair, Shelly, Simn1s, Pan-Ameri-
can B and Pure Fuel.
The decline iii call money rates
to AZ per cent was .hul1ish fac
tor, though yesterdays per cent
rate was not generally taken as
an indication OF permanently
higher short time money market.
Business forecasts have begun to-
take on more favorable and con.
ffdent tone, and stock market senti-
fneYlt also showed considerable
drift to the bullish side.
Atlantic Coast Line spurted Z
points to 2O8 following the issuance
Of the earnings statement for 1926,
ia which total net earnings were
$50 q share chesapeake g Ohio
led the Nickel Plate group and
Kansas City Southern the south.
western merger group Ia & m0der-
ate advance, III which gains Of !
TO az points were recorded.
United States Steel. General Mo.
tors and other high-priced specu-
lative leaders reached slightly
higher price levels In short cover
ing, but on the whole the market
was quiet and MstIess. with profess
sionaIs III control.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-03-23
PRINCES
CLAIM AND

LONDON. March IS Led by the
gaekwar os 3aroda. who counts
his wealth In millions and 4 one Or
the richest rules IN the world. the
native princes 81 India have stirred
up trouble for the yicerpy and the
Indian office BY demands. for the
9ulfiIlment Of century-old treaties
between their ancestors and the
East India Company
Al delicate situation has begn Gre
afed by the gaekwar, who has
asked that there he restored to him
former sovereign powers over the
States Of Kathikar and Gujrat. 1l1e
princes whom the gaekwar suc-
ceeded held these States as fe1slal
territory, exacting tribute from the
iilhab itants In accordance with
ancient Indian practices. For more
than a hundred years authority
exercised by the British govern
ment, each State having its own
prince. acting as an independent
sovereign, except In cases where
the interest Of himself and the In
dian government conflicted. To the
demand Of the gaelxWar that these
States be returned to his juris6ic-
ton, the present rulers have 0f
course. set up counter classEs IN
sisting that they have held them
30 long that their rights cannot
be contested or abridged.
The gaelxwar 81 BarOda Is the
premier native prince Of India, but
his claims for the return Of his old
territory are being opposed BY the
rulers Of almost equal influence,
Including the jansahib Of Nawana-
jar Sir Partab singh Df Idar, well
known for his services IN the
World War.
The government Of India, accord
ing to reports reaching London, n
seriously alarmed by the attitude
OF the gaekWar.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-03-23
GIRL $. 5 AND IA. TRAVEL
5000 MILES ONE

NEW YORK, March %
tiny travellers, with q combined
capital De 81 cents, ended the last
leg Of a 5,OOO-mile journey alone
from the Balkans, when the Cunard
liner Aquitania tied up at her pier.
The children were met by an
agent OF the New York Travellers
Aid Society and taken 10 its guest
house.
The youngest OF the yoyagers,
Ilonka Chirco, who lacks one month
Of being s, came from Acakett,
Czechoslovakia, to join her mother
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-03-23
CALIFORNIA PETROLEUM
DOUBLES IT'S CAPITAL

RICHMOND, March 23.-At the
annual meeting. stockholders of the
California Petroleum CORPORATION
today authorized an increase in
capital stock from 100000, 900 to
1925 .000, 900.
The charter was also amended 20
read that no stakeholder shall have
any right to subscribe to any of
the increased stock and the dfrec-
tors may issue and dispose of # at
such prices, valuations and upon
SUCH terms and conditions as they
may determine.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-03-23
Cotton Goods Market

NEW YORK. March 23.-The cot.
ton goods market was quiet and
steady today, with the demand for
finished goods relatively better than
gray cloths. Rayon fabrics sold
freely. Burlap market was un-
changed and trading OF a cautious
character. Raw silk was unchanged.
Broad silks sold freely at close
prices
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-03-23
Daily Treasury Statement

The daily statement of the United
states Treasury shows:
Income to date this year, $2;734..
426, 1886.
Income to date last year, 81 $685..
672 1855.
Increase, $6S,754, 839.O1.
Income over outgo this year,
$305, 375, ALA.
income over outgo last year, STA.
340,233.23.
Increase, 1921. OBS ,208.21.
Balance general fund today, 1901 ;.
419, 604.37,
Balance preceding dav SAao gig
7o4.06
Increase. $2.O42.S1o.31.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-03-23
Chicago Grains

CHICAGO, March %. - Grains
opened , generally lower today with
wheat &c higher to nc lower.
corn off h to &c. and oats Il 20
&c lower.
Wheat-May, new, 1861. 55%;
old. &1.53B; July, $1.3401.35; Sep.
TENDER, $1.31A @1.31A.
Corn - May. 7I% Q71&c; July,
75@75Hc; September. 77Ac.
Oats-May, 38h @38Ac; July, soc;
September, 40@40hc.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-03-23
r. II. Savage Returns

8 Francis NJ Savage. president IF
the Central Savings Bank, is back
at his post after months visit in
the South.
Mr.. Savage is much pleased at
being greeted with record of
7.79S saving accounts. all obtained
in less than a years operation.
He believes the bank will have
approximately 10000 accounts at
the end Of the first years opera
ton of the bank.
Mr.. Savage says the business of
the cotton and tobacco raising of
the South is in a position to meet
composition from any part Of the
world.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-03-23
Chicago Hog Market

CHICAGO, March 23.-Good de.
mand from shippers today and a
fair call from packers enabled hog
values to rule steady to strong:
Receipts Of $4,000 were we'll
taken in the early hours
Cattle sold weak to 25c lower.
Lambs held steady.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-03-23
Foreign Exchange
New York Cotton

NEW YORK, March 23.-opening
prices of the cotton market were
steady today, ranging from 3 to z
points higher May opened at 1879.
tober 1853, up 5.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-03-23
Coffee Market

NEW YORK, March %. = The
coffee market opened firm today,
with prices % to Is points higher.
March 1880, up 45: May 17.40. up
80; July 1893. up %.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-03-23
Liberty Bonds
Clearing House Statement

NEW YORK, March 23.-Clearing
house statement.
Exchanges, $I,195, 0OO, 900; balance.
$131 200, 600; Federal Reserve Banks
credit balance, $4,000, 900.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-03-23
LATEST NEWS AND QUOTATIONS OF TIE FIlvAN1
Local Stocks
FURNISHED by w. B, Hibbs q Coz
SALES

FURNISHED by w. B. Hibbs q Cob
SALES
Capital Traction 5s-$1 900 1ss1s
/ ,O0OQ99h.
Chesapeake and Potomac Teie-
phone 5s-$1 900 a 100.
Potomac Electric cons. 6s-Sz'UVV
@99A.
washington Gas 5s-$1 900 90 y /.
Capital Traction $500 a S9A,
81 .5O0@100.
Capital Traction--10@107A.
Continental Trust--100 100.
Mergenthaler Linotype-lOQ2 0S,
5@209, 5@210. -
AFTER CALL
washington Railway and Elec'
trio Railway pfd.--10090N.
Capital Traction-10@1OT.
Potomac Electric Power pfd. int.
ctf.-1 a 1861.
washington Railway and Elec-
trio pfd.-30090; 26@90A.
Money-Ca1l loans, sos per cent.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-03-23
Short Term Securities

1nacond1 Cooper 6 :. II05 q 1901
Anaconda Copper Is 800. l104 g i1Q6 Y
Am. T.. & T.. 4. TT. ~. 49,. 9T4sl 0e
American Thread S.. :. E102 81 lf03
BALTIC. h Ohio Sec. ea.... l101 Is l103
Cont g. 81 r.. list S.. HOO l10Oh
CT. al Il II II. 5hp. ....... 100 1909
Empire Gas n EIec 7s... roo q Hoo *
Federal Sugar Refining S.. 96H 95H
Gulf Oil q Gas 6s...s..7 80 * 100
C. D. G. Pa. SIS ....5...s = 100 Is I......
Hooking Valley IS ......... 100 I1009z
Lake Shore IL M. 3. ~. 9eMI 083b
50. Pacific Con. ~4s ......s.s.. ~ 9TssI 81 rs
standard Oil Of Cal S.. .i101 HOLM
standard Oil Of N = 6hsE10e y Hos q
Swift Il Co. IS .....s.s....sl BIN 80
Yacunm OH 7s z. !. s. -. l104 llO4A
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-03-23
Canadian Wheat

WINNIPEG. March 2s.-Open
wheat prices were: May. 1.46z;
July, LAB. and October, 1881 up Il.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-03-23
Oil Stocks

FURNISHED by W. B. Hibbs & Coz
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-06-15
TO STUDY.
NAVAL FLYING

Eight second lieutenants OF the
Marine Corps have been selected
for the class which will begin a
course Of instruction in aviation on
August Is at the Naval Air Station
At pensacola, Fla. according to
headquarters Of the corps.
These officers are: Lawrence +
Dewine, william w. Conway, Archie
" Gerard. Horace G. Busby, Will
liam r. Hughes, Sidney r. William
SON Thomas c. Green and Theodore
B. Willard. =,
The Marine Corps board OF off,
GERS will short convene at the
Marine posts for examination or
graduates Of distinguished military
colleges for appointment as proba.
tionary second lieutenants In the
corps.
Dismissal of Capt. Charles e. King
from the corps took place on June
s, and First Lieut.. Clarence M. Ruff.
ner and Second Lieut.. Lewis H.
Holm became due for promotion.
Lieut.. Col William L. Redles, on
duty with the Marine base at Guam
tico, has been transferred to the
retired list sof the corps, and the
following have become due for Pros
motion:
Major Russell B. Putnam, assist
ant paymaster; Capt. William r.
Rupertus, First Lieutenant Herman
r.. Anderson, and Second Lieutenant
Delbert ID. Spangler.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-06-15
BOARDS To FILL
VIPOSTS

The President having signed the
bin to equalize the opportunity for
promotion among line and staff
officers 81 the Navy, number
Of vacancies in several Of the staff
corps were created to which ad.
vancements win be made on recon.
mendations OF selection boards.
Conferences are being held Of the
representatives Of the staff and
officials Of the Bureau of Nayiga-
ton with the Judge advocate gen.
eral OF the Navy, concerning al.
justment OF some minor questions
created by the new legislation.
Compilation Of running mate !.
list Is already In the course Of
preparation BY the Bureau Of
Navigation.
In the initial stages of the actual
selection process, there viii be
three boards for selection; one to
recommend OFFICERS for promotion
to the rank OF captain and COM
maiIder In the Navy Medical Corps;
one to recommend officers for
promotion to the same rank In
the Supply Corps, and the third
win recommend officers for the
rank or captain ii the Civil En-.
gineer Corps.
Subsequent boards will be con-
vened for the staff after approval
Of the recommendations to be made
by the board now III session to
select officers for promotion to the
grades of real admiral, captain and
commander of the line.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-06-15
PRINCE To REST
At NEWPORT
Yntarnatlonal Na,Ia &c

NEWPORT. r. T.. June Is.
Crown Prince Gustavus Adolphus
comes to Newport today with his
consort. Crown Princess Louise. for
i .'breathing spell" in their strenuous
tour.
But the old seaside city was
aflutter. the gold and blue banners
the swedish national colors
rningling with the Stars and Stripes.
and social leader and plebeian alike
were prepared to give the royal
pair d cordial welcome. A drilling
rain failed to dampen the ardor
of either summer or aIl-year-round
resident
The royal guests were due late
today on the yacht Corsair OF ]. p.
Morgan, from New Haven.
Because the princes visit here
Is principally for rest the pro-
gram for HIS two-day stay has
been cut to three parties arranged
In honor OF the visitors BY Mr.. and
MRS. Arthur Curtiss James. Mr..
and Mrs. III. 3. Steffanson and
Gen. and Mrs. Cornelius Wander
hfft.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-06-15
POLICEMAN SAVES THREE
FROM RUNAWAY HORSES

PHILADELPHIA, June 15- Lives
Of three small girls we're saved
when Patrolnan Joseph Mccall
snatched them nom the path Of >.
team Or runaway horses.
Mccall was bruised ana cut as he
leaped to safety. The horses. drag.
ging 8 heavy dairy wagon. missed
him BY few inches.
The girls. ell about years old,
had Just left the school and were
crossing woodland avenue, which
was crowded with children. As the
team bore down on the three they
BLOOD panic stricken In its path.
Mccall, counting death. dashed to
their rescue. With one arm be
grabbed two Of them. With the
other arm he seized the third. The
horses heads seemed to loom over
him as he literally threw the cll1
dren to safety.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-06-15
STANTON PARK CITIZENS
OPPOSE SCHOOL CHANGE

Swayed by youthful pickets who
stood outside the Peabody School
and voiced their disapproval OF
Saturday morning classes and
heightened school days, members 81
the stanton Park Citizens Associa-
ton last night voted down the
abolition Of "home work. /"
The citizens went on record as
unanimously opposed to the recon-
mendation for q change In the
school hour system as suggested by
Maj. Gen. Amos IA. Fries, u. S. A.
The association also announced
that It would conf ue its campaign
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-06-15
ApVERTlsEMgMT
Science Gradually perfects
Better and Better
Remedies For Il

Thousands Of men and women
formerly tortured with raging head
aches and neuralgia pains now
laugh at such troubles and never
suffer any longer than II takes to
swallow q couple Harper's Head
ache Tablets with q glass Of water.
Ask any of the men and women
In offices, stores and government
departments ask your druggist for
the latest and best remedy known
for headaches or better still, invest
CSC Ia . tube Of Harper's Headache
Tablets so that next time you have
8 headache you can see for your.
self how quickly complete relief
comes.
Anyone can set the same results
See directions on bottle. This tinns
Of year one may expect headaches
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-06-15
DEGREE TO BE
GIVEN FATHER WYNlE.

The honorary degree Of doctor Of
sacred theology win be conferred
on Rather John J. Wynne. $. =. BY
Catholic University at the com.
,mencement exercises tomorrow
morning IN the gymnasium at
Brookland.
Father Wynne II q widely known
Catholic writer. He Is editor 81 tho
Catholic Encyclopedias and Of the
Universal knowledge Foundation.
Tomorrow viii Be the nftieth ami
versary OF his entrance 70 the So
ciety of Jesus.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-06-15
JUDGE GRANTS DIVORCE
EVERY TWO MINUTES

ATLANTA, Ca, June 15.-In one
morning Judge @. H. Howard, of
Fulton Superior Court, disposed Of
seyenty.five undefended divorce
cases at the rate Of one every min
ute and fifty.four seconds.
Judge Howard called the court
10 order at a. M, and at 1875 a.
M. dismissed the jury until the
next morning. The speed with
which Judge Howard disposed of
the calendar is believed to have
established = record in the divorce
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-06-15
Is FIREMEN NEEDED
BY DEPARTMENT HERE

The District Of Columbia viii
need Is firemen by July i. It was
announced today by the Civil Ser
vice Commission.
It is also expected that the city
will require new blood on the police
force and applicants for either job
are required to call at the Civil
Service Commission for further In
formation.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-06-15
DISEASE FIGHT IN 1925
COST JOHN b. Sc. Is. 73o

NEW YORK, June L.. Money
spent by the Rockefeller Foundation
In fighting disease in 1925 totaled
9,113, 100, the first instalment Of
the annual report Of its president,
DIR. George p. Vincent, said
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-06-15
ADVERTISEMENT
VERY FEW PEOPLE SUFFER
WITH HEA ACHES ANY MORE

now and then. Get bottle tonight.
25c at druggists or send CSC in
stamps for bottle prepaid. Robert
n. Harper Co.. 467 G st. N. W.,
washington, ID. G.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1926-06-15

for no parking" signs on Sixth
street Northeast between C street
and Maryland Avenue.
Douglas daily dispatch., 1926-12-17
PINERY. CANYON
ROAD WORK TO
Be COMPLETED

The Douglas Chamber of Commerce
and Mines has just been notified by
the United States forest service that
work will be resumed in the near
future on the Pinery canyon road
which is to go to the top of the Chi
ricahuas from this side. In addition
to this welcome news, it is understood
from the letter of the forest service
officials that they expect to be able to
continue this road down the east slope
of the mountains thus providing a
round trip route into the high places
northeast of Douglas
Efforts to get the road constructed
have been going on through the cham
Der of commerce and other agencies
for the past two years and officials
of the chamber expressed great graft
fication upon getting the letter from
the forest service, as it indicates not
only the completion of the road at
first asked for, giving route to the
top Of the hills from this side, but also
makes possible Il route down the other
side