davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-07-02
TREND IS UPWARD
IN STOCK MARKET
Tide Is Strong in Early Trad
ing, But Prices Ease Off
in Afternoon.
RY STUART L. WEST


Special Dispatch to The Star.
NEW YORK, July On the eve
of the three-day suspension OF bust
ness. the rising tide in stocks con.
tinued strong for Il time. United
States Steel sold at the highest In It's
history Union Pacific made a new
high for the last - years, and high
records for the present session Wer"
established in numerous other stocks.
q One of these was Brooklyn Union Gas,
- another was Texas Gulf sulphur.
No particular preference was
shown for any one group of stock.
The buying spread out over q wide
range, but as the day went on realiz-
ing sales became heavier, and III the
afternoon these brought about a re
action.
Steel Common drops.
stocks like Steel common and Gen
eral Motors. which had been leaders
in the early trading, came down, and
so did many of the other forenoon IA
NoriteS.
At one stage American Smelling
was much in demand and rose sh@rn-
ly. The rise in Texas Gulf Sulphur
across $50 for the first time was ~
companied by increasing interest IN
Freeport Texas. Allied Chemical was
one Of the big features. running UP
over 4 points. Mathieson Alkai was
another. Lambert Go. shares made
another new high. and International
Harvester gained a point.
In the steel group the independents
for the first time in quite n while
kept pace with United states Steel.
Republic jumped over a point and
so did CruCible and Colorado Fuel.
Gulf states had a similar rise, like
wise United Alloy Steel Youngstown
Sheet and Tube at one period was
nearly a point up. But these adj
vances were generally checked when
Steel common yielded to protit-tak-
ing in the later trading.
California Oils Active.
In the oil section there was con-
tinucd activity in the California
oils. especially Standard Oil of Cali
fornia and Union Oil. But none OF
the members OF the group got very
far. General Asphalt was doing its
best when it gained a half point
Texas Company, Pan-American "B''
Were all up fractionally.
Erie shares We're higher at the
start. but later We're inclined to sag
off. They We're affected by the
absence of definite news regarding
the new terms Of the Nickel Plate
merger. Around the Street the idea
was that the proposals We're accept
able TO the Erie board. but it would
not take formal action until after the
meeting of the pere Marquette board
next week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-07-02
WHEAT VALUES SAG
IN TODAY'S DEALINGS
Rain in Northwest and Heavy Re-
ceipts in Southwest Are
Factors in Drop.

CHICAGO, July with reports at
hand telling of general rains in the
Northwest and of heavy receipts IN
the Southwest, wheat averaged lower
in price here today during the early
dealings Arrivals of wheat today at
one point alone, Hutchinson, Kansas,
were estimated as amounting as much
as 700 carloads. Opening unchanged
To- * off, wheat rallied a little, but
then underwent a material sag al
around. Corn was easy but oats firm,
corn starting IL down to "a up, and
later showing a moderate general set
back Provisions made gains.
Some of the crop reports from the
Spring wheat belt today were OF a
less apprehensive character than has
been the rule of late. According to
one comprehensive summary, late
planted grain is showing Il much bet
ter condition than the earlier, at the
present time. The crop as whole,
however, is heading very short.
In view of a three day holiday
ahead, many holders of wheat were
inclined to sell out in order to realize
profits. The fact that the Liverpool
market showed evident reluctance to
follow advances on this side of the
Atlantic, tended also at times to ease
values here. Besides, Winnipeg mes
sages said export business over the
I1r- hnr
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-07-02
BONDS
IN DEMAND TODAY
July Reinvestment Dealings
Reflected in Market-For-
eign List Firm.
BY GEORGE T. HUGHES.

opSNAoA DiSpotCh W ITO obhT.
NEW YORK. July "A little bet
ter inquiry for high-grade bonds ap-
peared today in the trading, both on
representing probably the so-called
July reinvestment demand. Buyers
have been holding off in the hope of
lower prices, but expectations on this
score not being realized they have
evidently decided that nothing Is to
be gained by waiting any longer.
Atchison general as displayed more
activity than in a long time past, sell
ing Tor the most part a fraction below
80. compared with the years high Of
80. There was good demand for util-
tiles of the type of Western Electric
5s and for industrials like American
Smelling IS.
Brooklyn Union Gas.
The feature in the convertible group
was Brooklyn Union Gas 51as. which
had spectacular rise of 4 points to a
new high record.
In railroad bonds Of the higher
yielding sort New York. Westchester
and Boston 41as and Central New
England As. both New Haven issues,
We're conspicuous. The mileage COW
cred by the Central New England
bonds became of increased Importance
through the lease by the Reading
and Iehigh Of New England. Denver
and Rio Grande Western SIS were
shade higher and so at times were st.
Louis-San Francisco income 6s.
Local fractions were dull and
heavy. New York State Railway 61as
lost half point. During the greater
part OF the day oil issues were neg
iected.
Foreign Bonds Firm.
Foreign bonds were nearly all firm.
German issues held their ground and
Belgium obligations improved notice.
ably, paying no attention to the new
low for Belgian francs.
A syndicate headed by Bonbright
4 Co. and Harris, Forbes & Co, will
offer next Tuesday s12 900 900 Florida
Power and Light first 5s, due 1854 to
yield over 5.35 per cent This will be
an additional block Of the same
series offered in January. The
$3.50 900 Southern Cities Utilities
first lien 6s. offered today at par by
Ames Emerich & Co. were oversub.
scr1bed and the books closed. The
bonds mature In 1851.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-07-02
CLOSING is FIRM.
Usual Week End Profit Taking Easily
Absorbed i'm Final Hour.

NEW YORK. July P.-The
closing was firm. The usual week
end profit taking was easily absorbed
in the late trading. United States
Steel held firm around 1872, with
General Motors and Hudson each
gaining more than a point. Advances
of 20 points in Allied Chemical,
Mathieson Alkali Texas Gulf Sulphur
and American Express were well
maintained. Total sales appIoXimated
/ 400. 600 shares
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-07-02
STEEL MEN FINED.
Two Assessed $4,000 Each in NAL
leable Iron Price Gases.

CLEVELAND, Ohio. July 9 P.-
The Stanley G. Flagg Co.. Inc. Phila
delphia, and A. F. Shaw, an official of
the company. each were fined $4,000
in Federal court yesterday on charges
of violating the antitrust law. grow
ing out Of the mallable iron cases here
Shaw was the first individual to plead
guilty to the conspiracy Indictment,
charging as other individuals and As
corporations throughout the country
with fixing prices and alloting Gus
toners through the American NAL
leable Iron Castings Association. The
court set September 10 as the trial
date for the other defendants.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-07-02
DAIRY PRODUCTS.

BALTIMORE. July tSpeciaD.-
Live Spring chickens, pound, Boats;
Leghorns. 25a35; old hens. 26a32: Leg
horns, 26a2S: old roosters, 20; ducks.
2Sa30. old 1Sa23; guinea fowl, each
75aS5: old. 40a50; pigeons. pair, 30a40
Eggs-Receipts, 1.167 cases: native
and nearby firsts, dozen, offered at
2Sa29
Butter-Good to fancy creamery.
pounds. 60a62 prints, 42a44; ladies,
33a34; rolls. 30a32; store packed, 80:
dairy prints. 31a32; process butter,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-07-02
Gasoline Output
Reaches Billion
Gallons i'm May

Production of gasoline reached
the billion-gallon mark for the first
time in the history Of the industry
during May when the output totaled
1,019.375 900 gallons. the bureau
of Mines declared today.
This figure shattered the record
established in April. Exports in
May were maintained at the nigh
level set in the preceding month,
stocks on hand May 81 totaled
1902 .101 900 gallons and domestic
demand was 98S.677 900 gallons.
an increase in the daily average
of Is per cent over the preceding
month
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-07-02

NEW YORK. (P).-Stocks firm;
United States Steel reaches new high
record Bonds steady; Brooklyn Union
- News 5l2s at new high. Foreign
exchanges weak; French and Belgian
francs at record lows. Cotton easy:
abearish bureau report. Sugar steady:
Cuban selling. Coffee higher: firmer
Brazilian market.
tIllCAGO.-Wheat lower; beneficial
showers. Corn steady; covering
Cattle strong. Hogs easier
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-07-02
GRAIN AND PRODUCE.

BALTIMORE. July (SpeciaD -
New potatoes, barrel. 2.o5a5.50: old.
100 pounds, 2.50a3.50. Asparagus.
dozen. 1.0Oa40O. Beans. bushel. 75a
50. Beets, 100. 2.00a400. Cabbage.
hamper, 35a60. Carrots. 100. 2.00a
500 Corn. bushel, 1.50a2.00. Gu
cumbers, hamper, 1.25a1.50. Egg
plant, crate, 2.o0a4.50. Lettuce. bush
ell. 50a1 90. Onions. bushel. 75a1.00.
Spring onions. 100. 1.0Oa1.2o. Peas.
bushel, 1.75a3O0. Peppers. crate. 200
a4.00. Squash. basket, 50a75. Toma-
toes. crate, 90a2.00.
Apples, barrel. 2.00a4.00; bushel,
LOCAL so. Blackberries. quart. 10a14.
Canteloupes, crate, 1.25a4.50. Cher
ries, pound, sails. Peaches. bushel,
2.O0a3.00. Pineapples. crate. 2.00a3.50.
Raspberries. pint. 1Oa12. Strawber-
ries, quart, 12a1S. Watermelons, 100,
30.00a65.00.
Selling Prices at Noon.
Wheat-No. red Winter. domestic.
spot. no quotations: No. red Winter,
garlicky, spot, 1879.
Sale-Big lots of nearby. new, at
wharf. sold at a range of IS to 1.22
per bushel. Cargo. No. 2 red Winter,
garlicky, new, at wharf, at 1861.
Corn-Cob, spot. 3.60a365< per bar
rel, nominal domestic, No. 2, yellow.
IS per bushel in carload lots; No. 2,
spot, export, IA No. 3, spot, export,
70.
Oats-No. .. 4812 per bushel; No. 8,
4712 per bushel, nominal.
Rye-Nearby, old, S0a90 per bushel;
No. 2. export. spot. no quotations.
Hay-Receipts for today. 10 tons.
On desirable qualities of timothy. light
clover mixed and No. l clover hay the
market is firm. Lowgrade hay gen.
orally is dull and overlooked. Receipts
of good hay are running light.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-07-02
VOTE ON STOCK INCREASE

NEW YORK, July @.-Stock-
holders of International Match Co.
will vote August on a proposed in.
crease in authorized participating
preference stock from 900, 00O/ to
$50, 900 shares. This will bring total
authorized capital to 2.800,OO0 shares
of preferred and common.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-07-02
Personal and Other Notes.

w. B. Hibbs of w. b. Iiibbs co.
has returned from a short visit to At
lantic City He is planning to pass
the triple holiday at his place IN Lees
burg. Va.
Francis NJ. Savage. president of the
Central Savings Bank, with Mr..
Justice McReynolds of the United
States Supreme Court. has left Wash
ington on motor trip North.
Local broker offices will he closed
tomorrow on account of the closing of
the New York Stock Exchange. The
banks will be open as usual, as will
many of the investment banking
houses.
Five electric utility companies oper-
ating in northern Wisconsin and
Michigan have been bought by North
American Co. interests. involving
more than 100000. The properties
will provide an additional market for
power from several North American
stations.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-07-02
FOREIGN EXCHANGE.
Quotations furnished by w. B. Hibbs & CO.
Nominal Selling checks
pnI1 value today

Trinidad produced in the past year
nearly 1S0,9U0,O00 gallons of petro-
leun. breaking all previous records
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-07-02
GERMAN BONDS AND STOCKS.

OF the seven sons of Charles Dick,
ems, the great novelist. Sir Henry
Fielding Dickens is now the only sur
Iiqor, --.--.e-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-07-02

Belgian handmade lace is manu-
featured chiefly ina the Flanders
provinces and is practically all made
by women in the farm houses.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-07-02
Tn1;Sted Securities Prices.

In the unlisted department OF the
local stock exchange bid and asked
prices were quoted today as follows:
BONDS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-07-02

~ a - =
Col Fuel & IRON.
Canada Sou 49,.
Col Gas & Ell 80.
Col Carbon o..
Com Cred Cd.
Com Solv B.
Congoleum-N...
Congress Cgr(3)
Consol Cigar....
Con Cigars pf(7)
Consol Distribut
| Consol Gas 80.
| Consol Textile.
Cont Can 3d..
| Cont Mot (60c)..
| Corn Prod(t2 ~
Crucible Stl (5).
Crucible pr 90.
! Cuba Cane Sugar
Cuba Cane Su pr.
Cuba Co t4)....,
Cuban-Ar S (2).
Cuban-Dom Sug.
| Cudahy Pks 20.
| Dawson Chem.
| Del & Hud 90.
| Del L & Wn (t7)
| Detroit Ed (8).
Devoe&Ra (2.40)
Dodge Bros CT A
| Dodge pr 20.
| Dome Mines ~.
| Douglas Pee ID.
| Dll 8 s & Allan.
Dupont (t19)..
Dupont deb CO.,.
| Eastman 3d..
Eaton Axle Cd.
! Eisenlohr & Bro.
Elec Power G. 1t
E,iec P & l. pf(O
| EP&Lpf 40 20 90
Elec Refrig (f2).
Elec Sto Bat(T6)
Emmerson Brnt.
Endicott pf CD.
Equitable pf Cd
Erie r r.
Erie LIST pr.
Erie I'd pr. ......
| Eureka Vac "a.
Exchange Il R }.
Fairbanks (3).
Famous Pl (10).
Famous Pl rts.
Famous pf 80.
| Fed Min & Smclt
| First Nat 500
Fisher Body 90.
Fisk Rubber. -.
FiskR 1st pr SCI.
Fleischmn(t2A)
Foundation 80.
Fox Film A o.,
Freeport-Texas
Gabriel A(t4&).
Gardner Motor. ).
Gen Am Ink ca,
Gen Asphalt. -.
Gen Cigars %.
Gen Elec (i12)..
Gen Elec (h3). :.
! Gen Elec ptouCJ
Gen Gas A(e1 ~
Gen Gas pfA(S)..
Gen Gas pr B Cd
Gen Motors (t16)
Gen Outdr Ad(2)
Gen Petrm 80.
Gen Ry Sig Az.
Glidden (2).....
Gold Dust. .....
Goodrich Ru "a
Goodrich pf 90.
Goodyear pf Cd.
Gothm S H (2h)
Gotham S H new
CRANKY ConSol.
Grit North pf CD
CT Nor Ore (1A)
Green Canaan.
Gulf Mo & Nor.
Gu nj & N pr f6l
Cult States S go
Hartman (2h)..
! Hayes Wh(t3 ~
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1926-01-05
Boston Workers Will
Hold Lenin Memorial
Meeting in Ford Hall

BOSTON, Jan. 3-One of the largest
halls in Boston has been engaged for
the Lenin memorial meeting here. It
is expected that another hall besides
Ford Hall will be taken SO as to pro.
vide for any overflow crowd which will
come to the Boston Lenin meeting.
Bertram D. Wolfe former secretary
of the Communist Party of Mexico,
and now director of the Workers
School in New York will be the prin-
cipal speaker AL Schaap, the distric
secretary of the Young Workers
League will speak on "Lenin and the
Youth" A musical program will be
furnished by the Frieheit Gezangs
Verien and the Chelsea Mandolin Or
chestra
The meeting will be held Friday,
Jan. %, at p. m. at Ford Hall, Ash
burton place, Boston. The admission
is Csc.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1926-01-05
DELEGATES MUST ATTEND |
SECTION CONFERENCES
WHICH START SUNDAY |

Election of delegates to the Sec
ton conferences by the shop and
street nuclei of the Workers (com-
munIst) Party, Local Chicago have
In most Instances already taken
place. Beginning Sunday, Jan. 8,
the first Of the section conferences
will start. The dates and places of
the section conferences are as fol-
lows:
Section No. I. Monday, Jan. q,
at Community Center, s2ot South
Wabash avenue.
Section No. 8. Monday, Jan. q, at
Wins, 3116 South Halsted street.
Section No. q. Tuesday, Jan. 5,
at Frelheit, 1909 W. Roosevelt Rd.,
Room IA.
Section No. 5. Wednesday, Jan. 6
at w. Cannon, 24o6 North CLARK
street.
Section No. 6. Thursday, Jan. 7, at
5iltmore Theater, 3rd floor, 2046
W. Division street.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1926-01-05
PHILADELPHIA COMRADES
HELP IS WANTED FOR
BIG DAILY WORKER BALL

PHILADELPHIA, Jan. 3. - For
the first time in Philadelphia The
DAILY WORKER committee is ar
ranging a DAILY WORKER Ball on
a large scale.
We ask all friendly organizations
to please take notice and not ar
range anything on that night which
might conflict. The ball will be a
Masquerade HaII and will take place
on Friday, Feb. 10, at Mercantile
Hall, Broad and Master SITS.
From all indications il is going
to be a great success for the COM
rades and sympathizers are enthu-
siastie over il. not only because it
will be of financial aid to The
DAILY WORKER but also because
with every admission ticket will go
a subscription to The DAILY
WORKER for one month.
The DAILY WORKER ball COM
mlttee calls upon all friends Of The
DAILY WORKER whether they are
subscribers or not to help in arrane-
ing this ball. II you are willing to
help come to 521 York Ave. ask for
Lena Rosenberg and you will get all
information and details.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1926-01-05
HIGH SCHOOLS
STAGE DEBATE
OF CHILD LABOR
Amendment Is Called
Communistic
BY a Student Correspondent

DENFIELD, Mimi, Jan. 8. Stu
dents of the Denfield and Cloquet
high schools debated the child labor
amendment in the Denfield auditori-
UNI, Dec. 10. Each school was repres-
ented by three pupils. Three profess
sors acted as judges. The principal
Of the Duluth school presided. The
audience was composed of students,
parents and few interested in the
proposed amendment.
The affirmative, Cloquet, opened
quoting ministers, lawyers, social
workers and doctors. The negative
countered outlining six objections,
chief among them that it was un-i
American and supported by the reds.
Again the affirmative quoted sky
pilots and various investigators. This
brought out the pinch hitter of their
opponents. A typical 1000, who usu-
ally wind up in some slave pen, draw,
ing seventy-five or so. To prove it
was un-American he stated the Work
ers Party was in favor of this amend
ment. After reading at length from
The DALEY WORKER he mentioned
that Russia was the only country
protecting the youth. Are we in this
free country to follow Russia he
asked.
The remaining speakers merely
filed in time. No mention was made
of the American Federation of Labor.
Nor was the word capitalism used. Il
was hard to handle the subject with
out touching facts. But 1t was clearly
brought out that this issue is Com
munism Versus Americanism. The
decision Of the judges was two to one
in favor of the negative.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1926-01-05
PARTY MEMBERS MUST
ATTEND REORGANIZATION MEETINGS

PHILADELPHIA following meetings called
district Workers communis Phia
depha nuclei
January 7-seeton at
s-seetion AL River
t2-seeion
Strawberry
sneon
Philadelphia eircuIarzed
district office existing definite instructons
the instructions h letter Those received
meeting which they
MEMBERsoF INTENDS
THE PARTY MUST ATTEND HIS SECTION MEETING. La 5lE
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1926-01-05

In Connecticut at the sub-district
committee meeting held last Thurs.
day night, the question of reorganiza-
tion OF New Haven was taken up. The
possibility Of organizing shop nuclei
and international branches was dis
cussed. A general membership meet.
ing will be held at which section cons
mittees will be elected to help the
work OF the international branch and
shop nuclei.
Waterbury Shelton, Bridgeport,
Stamford were also received and
plans laid for the formation Of work
ers' clubs.
Liquidation Of the territorial
branches in New York City will take
place during the week of Jan. /. The
district executive committee has in
structed all financial secretaries to
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1926-01-05

THE session
the Communis Party the August convention
held Chicago 26 o. g. this meeting invited
the candidates
leading positions
Representatives propaganda
present.
following the political
ing by
berg, general secretary the party:
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1926-01-05

turn in reports on the dues and finan-
cial standing, as we'll as other condi-
ton Of each member Of their branches.
Funds are to be turned over to the dis
trict to be used TO help the new units.
All property belonging to the present
branch headquarters, is to remain as
the property Of the new sub-sections,
The formation OF workers clubs Is
proceeding in Hungarian, Finnish,
Lithuanian. Jewish and German and
the question Of workers clubs for the
Ukrainian, Russian, Greek and Jugo-
Slav comrades will be decided within
the coming week. After these clubs
are formed, the members must consti-
tute themselves into fractions.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1926-01-05
New York District
Will Distribute Over
100000 Party Leaflets

NEW YORK, Jan. 3. The New
York district announces that 100000
leaflets with the program of the
Workers Party in reply to Coolidge
are on hand at the district Office and
that all units have been called upon
to arrange for a widespread distribu-
ton
All shop nuclei and international
branches must arrange Immediately
to obtain these leaflets and to give
them widespread distribution. Leaf
let's will be sold for cash at $3.50 per
thousand.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1926-01-05
Student Workers Organized.

DENVER, Colo.-The Student Win
dow Cleaners, an organization of Den
yer University students who are work
ing their way thru college by wash
ing windows, has been unionized. The
students will become a part Of the
recognized Building Service Employees
Union, affiliated with the A. F. of l..
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1926-01-05

Ohio young workers conference success;
that this section of the American fields is
but the first where such conferences VIM
be held, will certainly be hailed and sup
ported by every left wing, progressive
trade union in that particular territory
supported by every group of young work.
ers in the eastern Ohio fields.
To make It success every energy
will be bent by all elements, for as the
purposes of the conference is to organize