davidaulloa/AmericanStories huggingface dataset:
Smyrna times., 1926-01-20
= AFTER NEW POSTOFFICE

4 Rs.p s.po and Chamber of Com
u Movement for Building
ns,.a nse93g e Of the Chamber of
sti1, .. II. Dover Friday evening a
Dd Cs,.,,n Committee consisting Of
cDaOiaIG TaG'en' Morris Simon and #
/ OaR,s SRsa,. was named to present s,alT -, a
ed for meeting. e Plans We're also lisa
Il 5o4.. February. The 'l1l,sI men,boyS,bie 10 De
pe i sI was announced as 175
arsoue,n '5,e new e pOstofice project,
oi a. s'ged es that President Hard, Hard
ssatsiivUal Ulamber, together with = .
RotarT Cl,h ifOm City Council and j
WasssiE.luO Ws be a committee "li,' ~
Vsre rsDpss s'on and interview the 1e
rsctoo o.o'pas,s'entatives !, coneernime 1Ss% Tr,e
'ps bdlSSi,.a \, a new and more coms CON !
lsport u 1g ,t for the state capital. otsli,
naAcss = y @e treasurer showed
= U good shape.
Smyrna times., 1926-01-20
MILK ROUTE

am ready to resume business and
will start my milk route on short
notice. Apply to
JOHN ]. HURD,
100 At Phone 205 Smyrna, Del.
Smyrna times., 1926-01-20

,.v ietties at Rehoboth have
y { 4fs t5smselves beneficial to the
l = - .l', already much new sand de
4. I i : noticed by those frequenting
/ sssc5 front during the low tides.
Smyrna times., 1926-01-20
Produce
Live Stock
TyRNg AND VICINITY

..,,,.s. 4 Smyrna Telephone. A
T. Dial RadiO.-adv'
Woodland Beach Land &c! Com
De y. "'soI ,oId two lots to William
l' = IAipsic at private terms.
/ o,s-lung Cadillac Three Dial
E;o-Obsolete.-adv.
Smyrna times., 1926-01-20

\ ice and snow which has made
ng about more or less hazardous,
melted BY the wram rains Of Sum
night and Monday. Down in
sey there was no snow or ice of
consequence.
Smyrna times., 1926-01-20

.lT,lay I night last, at the meeting
IuTorth League Of Asbury NJ.
9lcn, Rev. George E. Sterling
lgevlie, gave his "Chalk Talk"
.. A Mile Of Smiles" " to a large
'S.3. sles. After the lecture, Rev.
= @'llng lead the young people in
games, after which refresh
were served.
Smyrna times., 1926-01-20

Smyrna Fire Company was
out Sunday to a fire at William
Fsrs farm near Fleming's Land
The fire was caused from a de
Hue' but was soon extinguish-
fd very little damage done.
Smyrna times., 1926-01-20

u 1aua Lee Circle of Kings
s,ster,. will be entertained by Mrs
Il P Hofecker and Miss Anna D.
IA a+ their home, tomorrow,
fSlay evening.
Smyrna times., 1926-01-20

r.. y many people, systematically,
~ ] ,.g of the year is the time for
4 oil. Dlils' Will you therefore,
q. refer q. to the label on The
T.I 1.lnes 5 you are receiving thru
i. Inc figures after your name
voS. -'s month and the year up to
scs ,oaf ~ sub subscription is paid. For
d 4 n.;5 1O means your subscrip-
: pa51 u to to January /, 1926. The
y si'OO a year, payable in adj
si 'Ouf VI. attention is respectfully
we will thank you.-adv.
Smyrna times., 1926-01-20

vain with Three Bows. A Radio
Tsrea Dials-Superflous. Think
rer-adv.
Smyrna times., 1926-01-20

Oak Hill Home and School AS
fOn will hold its meeting Friday
Fo0n, January %, at 2 p. m.
Is going to be a Spelling Bee
by the children. Come and en-
Smyrna times., 1926-01-20

Joseph R. Cummins and daugh-
Esh thru this medium to thank
|iends for flowers, loan of autos
|Aders Of sympathy during their
/ bereavement.-adv.
Smyrna times., 1926-01-20

Il Annual Mothers meeting of the
f.T. L. will be held at home of
Walter W. HynSOn on Monday
sng, January 25th, with Mrs.
farrell presiding.
Smyrna times., 1926-01-20

l. air unlOcks to The MagnavOX,
nertect one dial Radio receiver.
or phone 259 for demonstration.
IN
Smyrna times., 1926-01-20

pa Short, Morgan J. King, Lloyd
William c. Reynolds, Benjamin
lAs0n and William Marshall re-
N the 18th and 18th districts
Nv Castle County, have been
On the petit jury for January
Smyrna times., 1926-01-20

! great voice Of Radio.-Magno-
Radio receiving sets, perfect One
Cntrol.-Phone 259 for demon
bon Mark McManuS.-adv.
Smyrna times., 1926-01-20

1-2O At
Evening star., 1926-11-27

tiles. Self interest acts somewhat as
a deterrent because intelligent man.
agement recognizes that the benefits
of consumer ownership come in i'm
proving public relations, and that this
objective can not be obtained If the
stock sold is not meritorious. How
ever, in buying Junior securities you
are necessarily assuming business
risks and should keep in touch with
the earning power of companies in
which you have invested.
Moreover, a ready open market
should be made either by the COM
panies themselves, or even better, on
stock exchanges for such securities.
Liquidity or ability to turn securities
into cash is desirable investment at
tribute Furthermore, an individual
ought to be able to free himself Of an
investment commitment when and If
he perceives that the economic trend
is unfavorable.
The profitable railroads could well
take q leaf from the book of experience
of public utility companies, and under
take customer, or patron, ownership
campaigns. / think, however, that
the movement is safest when restrict
ed to companies like the railroads and
the utilities, which are subject to pub
lie regulation and which are required
to keep uniform accounts and to pub
lish earnings frequently.
Evening star., 1926-11-27
THE BUSINESS OF GETTING
AHEAD.
Buying Stock of Vendors

IF YOU think prices are high and
the profits of corporations are large,
YOU can get in on the spoils by buying
shares Of companies in any of the
principal industries.
You have been urged to buy enough
telephone stock to allow the dividends
to nav YOUR telephone bill. You could
apply the same principle to the gas,
electric light, and transportation COM
nanies, as we'll as to chain store enter
prises department store combinations,
and S0-odd other trades and industries
whose shares are listed on the princi-
pal stock exchanges.
These advertising attempts to couple
dividends with meeting bills OF course
should not determine your investment
policy. Dollars are dollars, and you
can meet your telephone bill just as
well with dividends from the meat
packing industry or interest payments
on Czechoslovakian external bonds.
Customer Ownership Grows.
The. customer ownership movement
since The war has spread through the
country with great rapidity. Some
one tipped off the public service corpo-
rationS to the preachings of Karl Marx
on the subject Of economic determi-
nisrn. They have learned that, If their
customers become owners of their Sc
curities also, the consumers will be
less likely to rail and rant at the pub
lie service corporations. Incidentally,
such improved public relations en-
hance the investment merit of utility
securities, reducing the political risk.
In recent years. instead of looking
across a continent for financial aid.
electric light. gas and power COM
panies have found ample sources of
capital in their own city among their
own patrons.
AS a customer, you should buy stock
in the company which serves you only
If the proffered issue possesses invest
meht merit and offers you as good a
return as you can get elsewhere.
More approval of the general idea
behind the movement should not blind
you to hazards in particular offerings.
Should Get Standards.
One of the needs at present is to
set up standards for the consumer
ownership movement to prevent
weaker companies on the verge of
possible receivership from Turing GUS
toners into highly speculative secur-
Evening star., 1926-11-27
BY STUART p. WEST.

Special Dispatch to The star.
NEW YORK, November 27.-In the
financial situation during the past
week the principal episodes have been
the we'll sustained strength in stocks
the active buying at higher prices IN
certain sections of the bond market,
the sharp fluctuations in French
francs, disclosing in the main an up
ward drift and rather definite evi
dence that even such huge estf
mate as 1S,400,000 bales, which the
Government now. places on cotton
has been measured by the great fall
in the market.
No new influences of a general ma
ture have presented themselves IT
connection with the advance in stocks
The market has been going up under
h,vins of individual shares for indi
yidual reasons. Fully half the lS'
has undergone little change. Pro1eS
sionals have worked for higher prices
rather than for lower prices because
il has been evident that on the former
Ida law the line of least resistance
transactions are still running a
f,,ll million shares below what they
uara in the big market of 1925. This
shows more than anything else the
! d;ffarence between the present Sltua'
ton and that of a year ago. Present
! conditions are sounder. because II we
| exrent a few stocks which have pos
sihlv been bid up eXtraVagantiy, there
has heen no over-Speculaton. But II
| has been quite clear from the com
narrative volume of sales that-outSlders
are not rushing into the market the
Nav they we're in October and No
vember, 1925.
M Trade Boom Predictions.
| Confidence in the business outlook
| and in the indefinite continuance OF
| easy money are the keynotes. But nc
illusions are entertained as they We're
| ~ months ago on the subject or q
nossible trade boom after the frst OF
| the year. The early months or 1870
saw the hopes upon which the specu
lation of the previous autumn nae
heen built, very thoroughly dasheo
wall street does not intend to make
! 1, similar n,iscalCulation now. II VIII
| he satisfied with the maintenance Oh
the existing characteristics; namely
- large volume handled at a small
nrotit margin, but with the assurance
tha, owing to the persistence OF the
noIicv of buying only for immediate
needs there is not likely TO be any
| overstocking of good in the hands OF
merchants or any undue swelling OF
inventory accounts on the part oi
ma anufacturers.
Again this week marked decrease;
in hank clearings were reported In
most sections of the South. This. o.
course, reflects the low price OF cot
Evening star., 1926-11-27
LOWER POTATOES SEEN.

CHICAGO, November 81 R).--
High-priced white potatoes, ironically
STYLED Nordics, appear to be facing a
lively fight in the country's markets.
report today from the Govern
ment Bureau of Agricultural Eco
nomics says stored vegetables, includ-
ing sweet potatoes, cabbage and
onions. often assumed to compete
with white potatoes, are in heavier
production than a year ago and are
also lower priced. More severe COM
petition, too may result later from an
apparent general disposition now to
increase all Southern truck crop
acreage.
White potato prices, the report
says, seem likely to enter the Winter
months 81 hundredweight under
last seasons level
Evening star., 1926-11-27
GIANT PORTLAND Cement
WILL PAY ON PREFERRED

PHILADELPHIA, November 81
R.-Directors of the Giant Portland
Cement Co. have declared a 221a per
cent dividend on the preferred stock.
of which 19 per cent represented ac-
cruals and 3i2 per cent the regular
semi-annual payment. The dividend.
which will be paid in cash, equals
SLIPS per share, par value of the
stock being $50.
In anticipation of the payment, the
company's preferred and common
stock recently have been moving up
ward on the Philadelphia Exchange.
The bulge In the common was on buy.
ing based on the belief that with the
elimination of the back payments on
the preferred the way would be opened
for the Junior shareholders to partici-
pate in the company's profit.
Evening star., 1926-11-27
CONFIDENCE IN TRADE OUTLOOK
SHOWN BY DEALINGS IN STOCKS
Continuance of Easy Money Factor
Street Is Making No Long-Distance
Guesses About Trade Boom.

ton and possibly also an accompany
ing falling off in buying power by
those who make their living from cot
ton growing. That too much store
had been set by the rail tonnage
figures and the record breaking totals
which have been piled up is shown
by the October earnings statements
More than half the roads reporting
so far have revealed decreases, some
of them quite substantial from the
months record last year.
Steel Check Not Serious.
Steel, mill operations have fallen
off from an average of SO per cent
in October to IS per cent. At the
same time new business being booked
is less even than the reduced pro
duction schedules would call for. A
further decree in untitled orders on
the books of the steel companies Is
indicated at the close of the month.
Still this cannot be regarded as a
serious check Ut does not appear to
be anything more than the lull which
ordinarily occurs in the late Autumn
when the steel trade has been active
In the Summer and early Fall And
the steel trade was uncommonly active
last Summer. The important point
is that despite the lessened activity
quotations are being maintained.
Steelmakers are now and long have
been. more concerned with the prices
which they are to get than with the
, amount of business they are TO do.
Low Money Continues.
Money rates have undergone no
change of consequence, call funds
varying between AZ per cent and S
| per cent, while time money and com.
merclal paper are quoted around their
| recent lows. Undoubtedly the clear.
est perspective of the money market
is afforded by the developments in
Government securities.
The United States Treasury loans
have kept on mounting day after day
to the highest they have ever reached
These are a form of investment with
which the general public has little to
do. They are taken up mostly by the
banks. and, accordingly, represent
! more accurately than any other Sc.
| curity the longer range banking
| Judgment upon money conditions,
These Treasury obligations could not
be selling as they are now at record
heights, were the banking community
sure of low money lasting for a long
while to come.
In the market for French francs
| the conflict seems to be between an
urgent demand by returning French
| capital on the one hand and strong eff.
| forts on the other hand put out to
; prevent such further advance as
| would upset French industry and
! finance, already somewhat shaken.
Evening star., 1926-11-27
NEW YORK CURB MARKET
Received by Private Wire Direct The Star Office

companies engaged in the refrigera'
ton industry similar to that whcn
prevailed following the sharp rise III
radio issues. two years ago. that com,
petition would eventually be renecteo
in price cutting.
American Piano shares held up re-
markably well in view Of the improve
ment which had taken place ana at
times were above yesterdays closing
quotation of $50. Victor Talking
Machine encountered protit'taking re
sulting in substantially lower prices
Fajardo Sugar maintained It's place
of prominence, but made little head'
way.
Evening star., 1926-11-27
COTTON IS LOWER
IN TRADING TODAY
Hedge Selling and Week End
Realizing Depress Prices
of Staple.
BY the Associated Press.


NEW YORK, November 27.-The
cotton market opened steady today al
unchanged prices to a decline OF 3
points under Southern hedge selling
and week end realizing. There was
further covering by December shorts
and that position was relatively
steady. increasing it's premium over
January to about IL points, but the
general market sagged off. January
declining to 12.41 and March to 1855,
and the general list showing net de
clines of to IL points at the end OF
the first hour.
Private cables reported trade calling
and continental buying had offset
moderate hedge selling in Liverpool,
but complained of poor inquiry Tor
cotton cloth from India and China.
The amount of cotton on shipboard
awaiting clearance at the end of the
week was estimated at 235, 900 bales.
against 20S00O last year.
New York cotton futures closed at net
decline of TO 13 points.
Evening star., 1926-11-27
BIG CROPS OF WHEAT.

BALTIMORE, November 27.-The
largest cargo of wheat exported out
of this port is In the American
Hawaiian steamer Arizonan. just clear
ed for Genoa. The steamer has 443, 3,04l
bushels on board, of which 2f,250
bushels are in bags, and the cargo was
loaded in the record time of 90 works
ing hours. The total weight of this
grain is 1850 tons. Drawing more
than 33 feet, the Arizonan negotiated
the channels without difficulty.
Evening star., 1926-11-27
REVENUES SMALLER.
Special Dispatch to The Star.

Special Dispatch to The Star
BALTIMORE, November 27.-Op-
Grating revenues of the Maryland and
Pennsylvania Railroad Co. for Octo-
ber were $4,677 less than in the like
month of last year, according to the
monthly report just made public. The
total for the month was $87,231.
Operating expenses were a trifle
higher, leaving net operating revenue
Of s27,957, a drop of $3.50, as COM
pared with the corresponding month
Of last year.
Operating revenues for the first 10
months of the year amounted to $685.
652, a decrease of $3.50, and net rail-
way operating income to $155,530, an
advance of $929.
Evening star., 1926-11-27
New Orleans cotton futures closed steady
L net declinp of @ to 1 nOlntS.
Liverpool Quotations.

LIVERPOOL. November 27 R).-
Cotton. spot. limited demand. Prices
steady. American strict good mid
ding, 1896; good middling, 7.6l;
strict middling. 7.31; middling. 6.96;
strict low middling. 6.56; low mid
ding. sol; strict good ordinary, 6.66;
good ordinary Sol. Sales, 5000
bales; including 1900 American. Re
ceipts, $4,000 bales; American, 43.-
200. Futures closed quiet and steady.
November, SIS; December. 6.73;
January. 6.79; March. 6.S5: May,
6.94; July, 1903; September, 7.O8.
Evening star., 1926-11-27
New Orleans Market.

NEW ORLEANS, November 27
R).-The cotton market opened steady
here today, with Liverpool about as
due and the weather in the belt re
ported favorable. First trades showed
no change to points decline. Prices
eased off after the opening, owing to
fears that the final estimate of the
crop, due December s, will show a
further increase over the recent fore
cast. and that private estimates due
in advance of the bureau will all show
increases. December traded down to
1880, January to 1851 and March to
1888, or to 8 points under yester-
days close Week end liquidation
helped the decline.
New Orleans cotton futures closed steady
at net decline Of to | pOintS.
Evening star., 1926-11-27
NEW YORK MARKETS.

NEW YORK. November 27 R).-
Spring patents. 7.4O
a7.70. Rye-Steady; No. Western.
1.O51s f. o. b. New York and 1.035s
C. i. f. export. Barley-Steady; malt
ing, 8OaS2 c. l. f. New York. Lard
Firm: Middle West, 12.80a12 go.
Wheat-Futures opened barely steady;
domestic December, 1.40% asked: May.
1.43h. Other articles unchanged.
Evening star., 1926-11-27
POPULATION ESTIMATED.

ATLANTA. Ga, November q (Spe-
ciaD.-Following a house.to-house can.
vas. officials of the Southern Bell
Telephone Co. here estimate the popu
lation of Atlanta today as 255 900. The
postal receipts to November 25 TO
tailed $3,630,677, or more than those
for the entire year of 1925.
Evening star., 1926-11-27
CANADA's TRADE BETTER.

NEW YORK. November 81 R.-
Improvement in general business
throughout Canada is reflected in the
annual statement of the Bank of
Montreal, as of October 80, showing
a gain of $26,000,00 In assets to
$751;. 100000 and an increase of $52.-
100000 in current loans, which ad-
Vanced to S3Z2 500, go.
Evening star., 1926-11-27
PRICES ON PARIS BOURSE.

PARIS, November 27 R.-Prices
were improving on the Bourse today.
Three per cent rentes, 49 francs 90
centimes; exchange on London, 1874
francs so centimes: per cent loan,
56 francs is centimes. The dollar
was quoted at 81 francs IA centimes.
Evening star., 1926-11-27
WILL OMIT DIVIDEND.

NEW YORK, November q P).-
Directors of Cuyamel Fruit Co. have
decided to omit the quarterly dividend
Of ST. a share. due early in January
the action having been taken now, 1t
is understood, SO that current earn
ings might be used in irrigating ba-
mana lands in Honduras.
Evening star., 1926-11-27
FOREIGN EXCHANGE.

NEW YORK, November % P).-
Foreign exchanges firm. Quotations
in cents: Great Britain. demand.
4S4ss; cables, 4S5 1-l6: 60-day bills on
banks. 4S01a France. demand. 1862 u {;
cables. 3.63. italy, demand, 4.2S;
cables. 4.2e.
Deman Belgium. 1890; Germany.
2375; Holland. 1885,; Norway, 25.40;
Sweden. 2667L2: Denmark, 1852; Swift
zerland. 19.2S12; Spain, 1914; Greece.
1.24; Poland. HIS; Czechoslovakia.
2.96: Jugoslavia, l.76$4: Austria.
I412I2: Rumania. .55t2; Argentina.
<o.62i2: Brazil. 12.43& Toxic. 4S.12i2
Shanghai. 60.6S$4 Montreal. 100l53s
Evening star., 1926-11-27
BY WILLIAM r. HEFFERNAN.

NEW YORK. November 27.-After
"A brief period of early strength the
usual week end realizing had its effect
upon the market TOR Curb Sto; lie
which had been prominent in the up
ward movement early in the week.
American Light & Traction at one
stage was down more than points
from the Friday final. One of the
outstanding weak spots was the per-
Sistent offerings of ServeI Corporation
per cent bonds and stocks. 1t was
evident that the Offering of these is
sues was for special reasons.
Possibly there was a feeling among
Evening star., 1926-11-27

October earnings of Henry Ford's
railroad the Detroit, Toledo 4 Ironton,
declined sharply under those of Octo-
Der, last year. gross being $424 .452
less and net operating income $751;
834, against $4S6.332.
Evening star., 1926-11-27
FAILURES DECREASE.

NEW YORK, November 81 R).-
Commercial failures in the United
States this week dropped to 397 from
497 the week before and compared
with 382 a year ago. r. G. Dun & Co
reports.
Evening star., 1926-11-27
Have You Been Stung Yet?

Some men have to get stung good
and hard before they learn to be eau.
tious in making investments Before
YOU invest-inVestigate
Evening star., 1926-11-27
OFFERS WORKERS STOCK.

NEW YORK, November 27 P1.-
National Lead Co. is offering its en-
ployes at $40 share. 5000 shares
Of common stock 1t bought in the open
market.
Evening star., 1926-11-27
RETAIL SALES RUN
ABOVE LAST YEAR
Heavy Demand for News
Print Shows Large Advertis-
ing Campaigns Are On.
BY J. G.. ROYLE.

Soe'1aI lhsp9tch To Ths Star
NEW YORK, November 27.-"Wrap
II up" That final phrase is pretty
accurate measure of retail sales. and
the consumption of materials used in
complying with it shows that a
tremendous volume of business now
is I'm progress. Buying started forward
with q rush after the Thanksgiving
holiday. Practically all grades or
paper are meeting with record hoii-
day season demand. The same is true
of paper and wooden boxes and string
and tWine. In each case the gain mas
been approximately 10 per cent from
last year.
The sharp demand for news print,
which promises to send sales 10 per
cent above the 1925 level by January
l. has been fostered by strong ad-
vertising campaigns of retail stores
In many sections. This advertising
has exceeded the lineage of 1928 ny
over per cent and size of papers mas
consequently increased. The American
mills produced 143,l4S tons of news
print in October and 1,4O3,173 In the
first 10 months of the year. The
Canadian mills did even better. turn
ing out 1863 $50 tons in the last month
and ,549.5S2 i'm the year to November
/, giving a combined out-turn OF 3I2.-
008 for the month and 2,952.750 Tor
the 10 months
Evening star., 1926-11-27
SILVER QUOTATIONS.

NEW YORK. November - R).-
Ear silver, 54A; Mexican dollars, d q.
Evening star., 1926-11-27
MEN AND MONEY
By NJ. S. Rukeyser.
(Copyright 1926.l

Add to the picturesque Jargon. OF
Wall Street the expression "squawk
files
Fake stock promoters use THIS
phrase to describe the geese who com
plain after they have peen stung. In
every blue sky security office. there is
file Of letters from suckers who nave
kicked after they realized they were
taken in. Usually those on the
"squawk" list are taken off the sucker
list, which consists of prospects who
are believed ready to take more pun
iShment When a concern sells more
of the same bad stock to the same III
dividualS the process is known as re
loading"
The "squawk list" is carefully
guarded, because it is charged with
dynamite. 1t contains specihc com.
plants which constitute the material
with which prosecuting officials can
readily obtain indictments against
those suspected of statutory fraud. NO
matter how palpable the offense of
the crooks, it is difficult to get indlct-
mentS without specific complaints.
And the ordinary sucker is reluctant
to become a formal complainant, be-
cause he does not wish to give pub
licity to his defective financial Judg-
ment and lacks the public spirit neces-
Sary to induce him to contribute time
and effort.
Evening star., 1926-11-27

Following is Il list OF bonds anf
stocks traded in on the New York
Curb Market today