davidaulloa/AmericanStories huggingface dataset:
Evening star., 1926-10-23

death of the policyholder. Cash is
needed not only to pay off the debts
| of the deceased, to meet the funeral
expenses, to provide for the current
| expenses of the benehciaries until
| the estate has been settled, but also
| to pay the States and Federal Inherit
ance taxes. In most States the death
duties exempt estates of less than
O.OOO, but, nevertheless, formalities
must be complied with.
To meet the situation, numerous in
vestors have placed their stocks under
| the joint ownership of themselves and
their beneficiaries. However, except
| In the State of Maryland, where the
| laws encourage that arrangement,
| Joint ownership does not accomplish
what is intended. Frequently the red
| tape is greater in cases Of joint ten
ancy than if the stock had ben regis
tered in the name of one individual.
who by will bequeathed it to another.
Moreover, for inheritance tax pur-
poses, internal revenue authorities
have definitely refused to recognize
such securities Jointly registered as
the survivors, property, and insist
upon including the value of such
securities in the estate of the deceased
person and thus subjecting it to the
! inheritance tax.
Plan Cost Big Tax.
In one case, a wealthy individual
| registered his securities in his own
name and that of his younger brother,
who was to become his heir. However.
! the younger brother, a resident of
| New York, died first. Before the older
| and surviving brother could transfer
| his own securities back into his own
| name exclusively in which hts brother
| had only a residuary interest volun-
| tarily given to him, the owner of the
securities was forced, in accordance
with the New York law, to pay a
| heavy tax in order to obtain waivers
with which to transfer his own stocks
back to himself.
| In general, 1t may be said that the
| joint registration of securities, which
was a convenience in pre-inheritance
tax days. is no longer advisable.
In most cases, it is best to keep the
securities in the name of the owner,
and provide for their disposal after
| death in a will. Some wealthy men
with Wall Street connections have
their stocks registered in the names
of their brokers, but themselves keep
| physical possession of the certificates
| in their own safe deposit vaults. This
arrangement provides greater leeway,
| but is not to be generally recon.
mended because 1t might encourage
evasion Of the tax laws.
Evening star., 1926-10-23
WILL RESUME PARLEYS.

NEW YORK, October % (P. -
Conferences will shortly be resumed
between officials of the Southern
Pacific, Northern Pacific and Great
Northern Railroads regarding the
joint use Of these systems of new
railway facilities projected in south
ern and central Oregon. The presi
dents of the three roads discussed
the situation in New York early last
June, but postponed their decision
until further surveys could be made
These are now nearing completion
and are expected to form the basis
for an early agreement.
Evening star., 1926-10-23
TRADE SLOWING DOWN.

NEW ORLEANS, October % (Spe-
ciaD There is a general complaint
among jobbers and manufacturers
here over the decreasing volume of
business and the slowing down of
collections. The latter have fallen
off to the point which indicates the
country merchants are feeling the
pinch Of the break in cotton prices.
Retail trade has been affected by un-
seasonably warm weather, but sales
still are ahead of those of last Au-
tumn.
Evening star., 1926-10-23
BY WILLIAM r. HEFFERNAN.
Received by Priv

NEW YORK, October 23-It was a
typical Saturday session on the Curb
Exchange today, evening up of ac-
counts by recent buyers, preparatory
to the week end, causing some slight
declines. Other issues continued to
respond to further buying operations
Yellow Taxi was one of the fea-
lures in the motor group making re-
sponse to yesterdays announcement
Of a proposed recapitalization plan
whereby the capital shares will be re-
duced from 375,000 to 125,000, and the
stock placed on an annual IS divi-
dend basis. Dupont fluctuated over
range of points. recovering after
an early decline The pressure which
had been pronounced against Ricken-
hacker Motor at times during the past
Evening star., 1926-10-23
NEW YORK MARKETS.

NEW YORK, October % R.-
Flour strong; Spring patents, 7.60a
$40: soft Winter straights, 6.40a6.S0;
hard Winter straights, 7.50a7.S5. Rye
firm No. western, 1.11ss f. o. b. New
York, and 1.O9as C. L. f. export. Barley
firm; mailing, S23saS45s, c. i, f. New
York. Lard firmer; Middle West, 1890
a14.4O. Wheat futures opened easier;
domestic December, 1.49A; May, 1.54.
Other articles unchanged.
Evening star., 1926-10-23
BANK ASSETS INCREASE.
Special Dispatch to The Star.

Special Dispatch 70 The Star.
BALTIMORE. October 23-Total
assets of the 144 State banks and trust
companies of Maryland showed an in
crease of $6,430.714.92 on September
80, as compared with June 80, accord
ing to a report by George w. Page,
state bank commissioner.
Total deposits in the period increas-
ed S5,742, ,24634, while mortgage loans
showed a gain Of $1,414 103.31. Bills
payable decreased by $2,022. 1852.
Evening star., 1926-10-23
Your Banker Knows.

When in doubt about a security
consult your banker. 1t is equally as
much his interest as yours to protect
your savings. You trust him with
your deposits-why not trust him
with your investment problems?
Evening star., 1926-10-23
FAILURES INCREASE.

NEW YORK, October 23 R).-An
increase in commercial failures this
week was reported by r. G. Dun Il
Co., who placed the total at 431, com
pared with 375 in the preceding week
and 324 in the corresponding week
last year.
Evening star., 1926-10-23
Potato Market Stronger.

A slightly stronger condition of the
potato market was reported today
Only moderate supplies, chiefly from
Maine and Michigan, were reported
reaching the local market, while lib
eral supplies Of sweet potatoes from
Virginia and North Carolina met a
dull and cheap market.
Small quantities of homegrown let
tuce were in market today. They
We're not well headed. dealers stated,
and found slow sale at 81 and $1.25 q
crate. Small shipments of Eastern
lettuce met a light demand and dull
market, while Western lettuce was
more plentiful, Iceberg type finding
ready sale.
Receipts of apples continue heavy.
prices covering a wide range accord
ing TO size and quality. Peaches are
gradually disappearing from the
local market. Their quality is not
regarded as being as good as those
received a month ago. and prices
ranged from $l.25 to 81 basket
Increased receipts without CORE
spending increased demand resulted
IN lower prices of chickens this week
'he price today dropping to &c and q
rents. Prices Of other poultry remain
ed about the same. \ firm condition
OF the butter market was reported, no
drop in prices having occurred during
fha week
Evening star., 1926-10-23

mand slow. market weak; New York,
2-quart climax baskets Concords, Della
wares and Niagaras. 15a16. few II:
l2-quart climax baskets Concords,
mostly sl.35; Michigan, 12-quart eli
max baskets ConcordS, 55a60.
Lettuce-We estern supplies moder.
ate. dema nd moderate, market slightly
weaker; California, crates Iceberg
type, 4-5 dozen, 3.50a3.75; best mostly
$50; some ordinary condition low as
$50.
Onion Market Steady.
Onions-Supplies light; demand
slow. market steady: Indiana and
Michigan, 100-pound sacks yellows,
L. :. No. l. 200.
Pears-Supplies light; demand light.
market steady: sales from cold storage,
pushel baskets Bartletts, good quality
and condition, 2.50a2.75; ripe, some
soft, l00a22 25; Oregon, boxes Anjous,
extra fancy, 3.75a4.00.
Potatoes-Supplies moderate; de-
mand moderate, market steady; Michi-
gan. l50-pound sacks Russet Rurals,
4.25a4.50: New York, 150pound sacks
Round Whites, 4.15a425.
Sweet potatoes-Supplies liberal;
demand light, market steady; North
Carolina and Eastern Shore virginia,
cloth-top stave barrels. yellows No. ],
zoo; few fancy higher.
aulifower-Supplies liberal; de-
mand light, market slightly weaker;
New York. Long Island, crates, LIS
az. 90; few low as l.50.
Tomatoes-Supplies moderate; de-
mand moderate: market steady; Is
quart baskets. homegrowns, 75al 90;
few fancy. 1.25.
String beans-Supplies liberal: de-
mand light. market slightly weaker;
Norfolk section Virginia. 5-peck hamp'
ers, green, 1.O0a1.50; few fancy. Liza
200; poorer low al Is. -
Evening star., 1926-10-23

NEW YORK, October 23.-Follow-
ing is a list of bonds and stocks
traded in on the New York Curb Mar
ket today:
Evening star., 1926-10-23
SILVER QUOTATION.

NEW YORK, October % R.-Bal
silver, 521s: Mexican dollars, 39B.
Evening star., 1926-10-23
STOCKS RESIST SELLING AFTER
DECLINING STEADILY 2 WEEKS
Public Has Left Field for Professional
Traders-Slowing Down Of Business
Reflected in Several Conditions

are no indications of anything ap
preaching a serious reaction, Du'
many observers feel that there may
be a further letdown, and this is one
Of the things that the recent decline
in stocks has been discounting.
Cotton Fails to Revive.
The cotton market has refused to
respond to the efforts made from high
quarters to give reinsurance. There Is
a heavy oversupply which can be
cared for out of abundant credit re-
sources available for the purpose. But
an excess output for two years In sue
cession cannot be handled in any ar
tificial way so as to bring about sub
stantially higher prices.
The buying power of the South
seems bound to be materially reduced
and this will show in the general
trade movement in the coming month;
Railway profits are holding up we'll
and the first of the September earn.
ings statements. have been favorable.
Anticipating these returns, railway
shares have been stronger than most
Of the industrials In the market or the
week.
The sugar market is higher because
Of the destruction wrought to the Gu
ban crop. Securities of sugar COM
panies which have no interest In
Cuba have gone higher. But the
sugar group in the main is held back
by the belief that the annual reports.
which in a number of cases are made
up to September &c. will not be pleas
ant reading.
Money Conditions Easy.
Money rates have been unchanged
and money conditions have continued
remarkably easy for season OF the
year when in the past crop-moving de-
mands have often occasioned strin-
gency. The comparatively low money
market has kept investment bonds
steady despite the competition OF
large quantity of new loans. The
Italian Ira has forged ahead in the
face of good deal Of hostile criticism.
Faith in the effectiveness Of the recent
financial reform continues in spite OF
the charge that the rise has been pro
duced artificially.
Italy is making serious at
tempt at deflation where some OF
the European countries are not. This
is the difference between the Italian
situation and that of France and Bel
GUM. French and Belgian cur
rencies have improved on the week
but until the paper note circulation In
their cases is cut down 1t cannot be
claimed that there Is any essential
change for the better.
Evening star., 1926-10-23
Egg Prices Are Steady.

Egg prices also remained stationary
during most of the week. Dealers eX-
pect increased supplies may result in
lower prices before the close of next
week Storage eggs. said by dealers to
he in splendid condition. are believed
To have prevented prices Of fresh
stock from going higher.
Dealers report Il better condition of
the meat market. cool weather hav
ing resulted in increased sales. The
pork market continues high, according
10 reports. and dealers are unable 10
forecast cheaper prices in the near flu
ture. 1t is reported that losses Of hogs
hy sickness last year induced farmers
20 reduce the number OF their stock
this year.
Early morning buyers were out in
large numbers and wholesalers had
ample supplies of all foodStuffS TO
meet demands. The early morning
BUYERS We're on hand to get the pick
of supplies and, il is stated, willingly
paid higher prices than were com
handed later in the day.
Evening star., 1926-10-23
Supplies Not of the Best.

Dealers this morning reported the
supplies on hand as not being in the
best condition, and sales were slow at
from 75 cents to $1.25 for tWo-peck
baskets. Green tomatoes sold for 40
and SO cents a basket. Wholesale
price of lima beans this morning was
from so to 65 cents quart, and corn,
not in good condition, was quoted at
80 cents ad Oxen or $150 a barrel
Parsnips and oysterplants, late Fall
and Winter vegetables, have appeared
In market. being the latest additions
TO the already long list Of vegetables
from which to choose. They are only
in fair demand, but the demand is GER
tain to increase as the weather grows
colder. Parsnips We're quoted at rs
cents and 81 Il basket this morning,
while the oysterplant sold at and 10
cents a bunch.
Kale and spinach continue plenti-
full and cheap. the former selling at
so and so cents a crate, while the
latter commanded 75 cents and 81.
Fall radishes, both red and white,
brought , cents a bunch. Turnips,
sold at 30 cents and 81 a buShel, and
were regarded as one of the cheapest
vegetables on the market.
Evening star., 1926-10-23
Today's Wholesale Prices.

Rutter-Fancy one-pound prints,
51a52: tub 49a50: store packed. So
Eggs-Fresh. selected. As; hennery,
50a55; current receipts, 40a42; storage.
SSa39.
Poultry = Alive Turkeys, 40a45:
chickens, 25a26; white Leghorns. 24a
c5: fowls, 26a27: roosters. 20; ducks.
Young. 20: old Is: keats. young. 50a
30: old. 34a40. Dressed-Turkeys. Asa
80; chickens 32a33: keats, young, S0a
90: old, 40a50.
Meats-Beef. 1Sal9: veal, %; lamb,
a6a3O: fresh hams, 29a30; shoulders,
23a24: loins. 34a35: smoked hams. 33a
35: smoked shoulders, 22a23.
Live stock-Calves. choice, l5 me-
dunn. 13a14; thin. 7aS: lambs, 12i2al4.
Fruit and Vegetable Review.
Today's market report on fruits and
Gegetab bles, compiled by the Market
News Service. Bureau of Agricultural
Economies. says:
Apples-Supples liberal; demand
light. market duh; boxes. Washing
ION. medium 70 large size. extra fancy
delicious, S.00a3.25: Jonathans. 2.00a
f25 Bushei baskets. Maryland No. l.,
delicious. pa inches up, $50. Mary
land and Virginia. No. /, various
varieties, medium TO large size, .75a
100.
Cabbage-Supplies moderate; de-
rnand light, market steady: New York,
hulk per ton, Danish type, 25.OOa2S,O0.
Pennsylvania, bulk per ton, Danish
type, 2s0Oa30.o0.
Ceiery-Supplies moderate; demand
light. market steady; New York. two
,hfrd crates, 2.50a2.75; some fair quail
tty. 1.26; full crates, fair quality ana
condition. 2.50a3.00.
0rapes-Eastern supplies heavy: de-
Evening star., 1926-10-23
TRADING IS BRISK
IN CENTER MARKET
Increased Receipts of Tur-
keys Reported-Birds Young
and in Good Condition.

Increased receipts of live turkeys
have been in evidence the past few
days the number on hand this morn
ing being much in excess OF the de-
mand. Many of the turkeys shipped
here this week We're young and not
80 large, but in splendid condition.
Appearance of so many turkeys In
the local market is suggestive OF the
approach of the Thanksgiving holiday
season. not quite month off. 1t is
TOO early for shipments of turkeys for
the approaching holiday season, how
ever, and it may become necessary
for dealers to resort to cold storage
houses to keep their supplies in good
condition.
Most of the turkeys thus far re-
ceived. it is stated, are young and not
very heavy. Shippers have started
early. it is stated, for the reason that
feeding from now on will be eXpen-
sive. Dealers are yet without infor-
nation as to probable prices for the
Thanksgiving holiday season. Prices
already have gone to 80 and % cents
for dressed stock, insuring at least a
probable 55 or 60 cent retail market.
Cow Pumpkins Scarce.
Dealers this morning had bad news
to impart to persons bent upon using
pumpkins in connection with their
Halloween celebration the last of the
month. So-called cow pumpkins. the
variety used for decorative purposes,
are reported scarce and high, selling
at from 80 cents to 81 each. The So
called corntield variety that is used
for pies and puddings are reported
plentiful at 81 and $3.50 barrel.
Thursday nights heavy frost is re-
ported to have played havoc with the
more tender growing vegetables, to-
matoes, string and lima beans and
eggplants being seriously affected. 1t
is reported that late corn was not
much Of a sufferer from the frost.
Whiting Of tomato plants has not
yet affected the market on the popular
vegetable, according to dealers, fairly
large quantities of the vegetable being
on hand. Green tomatoes will be har-
vested and held for ripening in order
20 save them, from other attacks of
frost, and it is highly probable that
the supply will last another month or
more.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-08-01
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Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-08-01
S21 to 1926 Dinner Sets

A complete service for twelve per- Dig OE
sons, 100 pieces. Practical weight of p4|sZI
American semi-porcelain. Pretty conventional and
floral decorations.
PALATS RoYAL-House,oGres-F Floor
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-08-01
3O-New Fall Shades-3O

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Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-08-01
81 Preserving
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New Britain herald., 1926-01-09
THREE MEN DEAD
 IN AUTO CRASH
Fourth Dying After Gar Hits
 Pole in New York

New York, Jan. Y, P'--Three men were killed instantly fourth was fatally injured and another hurt to- Iday when their automobile skiddcd on sharp turn near GrassmeEo staten Island, and struck n telephone
 post. The car turned oyor trapping four of thc men,
 Two of tho dead men were indenti- fled as Frank Collins, Of Rosebanh. Is. l., and Themns lIaydon, of Tenth Avenue Brooklyn, collins was killed
 instantly and Hayden died later In the staten Island hospital. The tive other dead men had not been indcn. Itificd,
 Eugene Merrill, Of Greenridge, staten Island, supposedly the driver of the car, was arrested on q charge Of homicide. He suffered q fractured
 jaw and was unable 10 speak after the accident.
 Patrolman John Conroy, of s. George. later unidentified another yic- Itim of the crash as lis brother, James. of Stapleton, $. l., who was lactive in democratic politics and had 'heon Grand Knight Of tho Staten
 Island council of the Knights Of Co.,
 luubus.
New Britain herald., 1926-01-09
ialmud TOrah Meeting
 To Plan Years Program

b" 1amud T0ralI will hold . city meeting Sunday night in th" hall Of the Talmud Torah. The me- ting has for it's purpose gen- ,ral elections Of trustees and off cers Of the Talmud Torah. A re- port will be presented by Miss Eegenhogen of the financial status Of inc Hebrew school and on her plans for the coming year. Parents who wish to enter their children in Hebrew classes are urged 10 register them this week. New classes are being formed now for the coming term. Registration closes Sunday. January r.
 The dancing classes are being re- organized under Miss Rose Baycr's able leadership. Children attend ing tAc Synagogue may join the class for classical, folk and country dancing on Monday at 5:3O. High school girls will be placed in a class for ballroom dancing. If there is sufficient demand for it. on Mon days nt 4;3o.
 Children attending the Talmud Torah may join tho class at 4:l5 or the one al 5'p. m, on Thursdays
 Tho lVriyah. a Hcbrcw-speaking club. is planning q three-act play in liliish 10 be presented on Sun. Jay night, February lL Under Mir ore'2ky's guidance inc girls and hoys are working hard to make it a success.
New Britain herald., 1926-01-09
Farm Relief Legislation
 Looming as Possibility

Washington, Jan. g Gpl-The out look for agricultural legislation by the present congress became clearer today with an announcement by Secretary Iardine and EpprcScnta- tive Dickinson, republican. Iowa, A house farm bloc icaier, that they were in agreement as to the most advisable means Of tackltng the farm surplus problem.
 After a conference today al the secretary's office, which followed Mir. Jardinc's return from a cabinet meeting, both he and Mr. Dickinson issued statements. The secretary specifically endorsed a majority of the proposals in bin introduced in the house by Mir. Dickinson, which was drafted after confer .cnces with Var ous farming organ izaions. including those represented at the recent farm conference at Des Moines.
New Britain herald., 1926-01-09
NORTH END JR. H.S.
 MUST BE ENLARGED
Board Of Education Faced With
 Need Of Action

A special meeting Of the school board may have 10 be called to hear q report of the school accommoda- lions commttce Joseph M. Halloran, chairman Of that committee an nounccd at the board meeting yes tcrday afternoon, The junior high school situation has come to the point where immediate action must be taken 10 bring relief, it was found
 At inc present time the Elihu Durrtt school Is just able 10 accom- modate it's enrolment, but it will have 10 overcrowd it's classrooms after the February graduation. Next fall the enrolment will be iNcreas- cd to about 1560 which without any further school accommodations would ncccssitate q part time plan. it was learned.
 Three plans were submitted 10 'he board, one Of which may be used to solve the problem, The plans are;
 1. To purchase all land bordering on tho western section of the Elihu Rurritt school property. Most of this property is included in tho Nc Cahe estate.
 .. To purchase land and build iEgs on the south side of Lee street, beginning at Clark street and run ming westerly about 300 feet. Close that part Of Lee street to traffic or provide overhead bridges across Lee street. Erect an addition on land south Of Ice street containing from % to A rooms.
 3. The removal of the junior high school 10 the Nathan Hale building on Fremont street which would re- suit in making the Elihu Burrh. school building into an elementary school. An additional building ot from 20 10 24 rooms would be built on tho Nathan Hale property. This plan would make necessary the pur- chase of property south of Ice street for playgrounds for the pre- posed Elihu Burritt elementary school.
 The latter plan appeared the most logical and could ne accomplished Ky September, 926, if work was be- ~un at once. The first plan would entail heavy expense and the second would take too long to complete, which almost puts 1t ont of the run ming since the matter is an imme- liate necessity.
New Britain herald., 1926-01-09
MINISTER THINKS
 DRY LAW TOO DRY
Head Ol Lutheran MiniSterium
 Calls It Too Drastic

Philadelphia, Jan. Hr --, Tho Rev. Dr. George w. Snndt, newly elected president Of the Lutheran ministerum Of Pennsylvania and nliac,nt states, believes the prohl- bltion law is too drastic.
 In statement today urging modification Of the law; Dr. Sandt said Inc eighteenth amendment, lin the creation of the army Of crimi- nal bootleEgers, had brought something liar worse than the saloon"
 Declaring that il vas rhc duty Of every Christian citizen 10 uphold law enforcement, pr. SNndt who also Is editor of The Lutheran, ot- hcial organ Of the national Luth- "ran church, said that congress should modify the prohibition en- forccment law and added:
 "The law is entirely too drastic 70 have been passed at the time it was, because the people had not been educated up to it. l do not believe that one can reform society effectively by legislation. Now that the law is passed I would be the last one to urge it's repeal unless there existed something better as a substitute.
 T cannot sec way out myself, but have constantly hoped that home bright legislator or states man would save the sifuation."