davidaulloa/AmericanStories huggingface dataset:
Evening star., 1926-05-01
BY STUART r. WEST.


Special Dispatch to The Star.
NEW YORK May 1.-The week in
the financial situation has been char
acterized by continued low rates for
money. by further strong demand
for investment bonds. by new low
rates for French and Belgian exchange
and by a stock market which has
drifted up and down without getting
far either way.
Placing Of United States Cteel COM
mon shares on a regular Z per cent
basis was the big test. To many this
seemed to denote the opinion In high
circles that the business outlook was
very secure, and it led to flood of OPP
timistic talk. The stock market should
have responded to this II 1t had been
in frame of mind like 1t was last
Autumn. The conclusion was COM
monty drawn that the Steel directors
would not have acted as they did had
they felt any uncertainty about the
maintenance for a long while TO come
of the new dividend.
Public Interest Low.
But the market, except for day or
SO of moderately rising prices, dld
nothing in particular. The V0iume OF
trading fell off toward the close of
the week. which certainly would not
NO~'N
coming in The facts seemed to be
that there was a considerable short
interest outstanding, and that this al
forded an inducement for profession
ais who change their attitudes con-
tinuouslv. to Operate for the time
being on the side of the advance.
Prices did go up, but not In any
notable way. A few of the highly
speculative industrials went ahead.
helned by the French debt settlement
and the oils by favorable estimates re-
garding the present status OF produc-
lion and consumption, With these
exceptions, the market did little
There were plenty of stocks for sale
whenever bids were raised. On the
other hand. these offerings did not fol
low the market down during the pc
riods when 1t was declining. In
word, it was narrow professional
speculation, showing no indications OF
resuming the main advance, Whlcn
was interrupted toward the end of
la n,Iarv. and also giving no evidence
of a resumption of the selling move
ment which went on so actively dur
ing February and March.
Long.Term Money Plentiful.
| Not within a year has money for
the longer terms been so plentiful.
Business has been done in time money
regularly at per cent. 1t has become
one of the easiest money markets in
recent wears. Naturally this has in
yolved the maintenance of a high level
of investment values both in the bond
and in the stock list 1t has not ar
fected speculative conditions because
| these depend not upon credit changes,
but upon business changes.
Evening star., 1926-05-01
DISMISSAL OF SCORE
OF DRY AGENTS ASKED
Baird Reports Result Of "Weedlng
Out" in Philadelphia Office
to Andrews.
Dismissal Of more than a score Of

Dismissal Of more than score OF
prohibition agents in the Philadelphia
office was recommended to Assistant
Secretary Andrews. in charge of pro-
hibition enforcement. today by F. c.
Baird, Pittsburgh administrator. who
was recently asked to reorganize the
Philadelphia district. -.
Baird reported to Mr.. Andrews to-
day the progress he has made in re-
organizing the Philadelphia office. In
three days. he said. with the aid OF
two assista nts, the entire force OF this
office. which includes eastern Pennsyl-
vania and New Jersey, was gone over
and "weeded out"
The exact number of those let out
was not available, Mr.. Baird said, be-
cause he had left the final checking
up on personnel to his assistants.
Evening star., 1926-05-01
NEW YORK CURB MARKET
Received bv Private Wire Direct to The Star Onice

stock Net profit for the first quarter,
after interest and depreciation, put
before Federal taxes, was equal, aiter
preferred dividends. to $3.50 snare
on the outstanding common, against
$256 a share in the first quarter o'
1925.
The report of the New Jersey ZINC
Co.. for the quarter ended March 81
disclosed net equal to $3.l3 snare 'a Z
on the capital stock as agains. so'S .
in the preceding quarter ana $3;"o ,,N
in the similar period year ago. ne
stock responded with a 2-point ad'
vance. III.
Oil shares came off slightly with
most other sections Of the list Hum-
BILE issues were down "a point or more
and Vacuum Oil almost as much.
Evening star., 1926-05-01
BY WILLIAM f, HEFFERNAN,
Received by

NEW YORK, May 1.-The usual
week end profit taking made itself
felt today in stocks which had been
strong earlier in the week. Offerings
were not heavy enough, however, to
bring about any change in sentiment
toward the immediate future. and the
volume of business was small
Ford Motor of Canada, at 465 lost
10 points of its gain of Friday. Victor
falking Machine was down point
and half and Curtiss Aeroplane
reacted half point or So No further
Improvement took place IN the new
General Electric shares.
The highly favorable report of
MenEel Co. proved to have been
discounted by the recent rise fn the
Evening star., 1926-05-01

NEW YORK, May ] P).-Foreign
exchane easy: quotations lin cents,;
Great Britain. demand. 4s5'.; cables,
4sS 3.16: 6oday bills on banks. 4s1 3.l6.
France, demand, 3.29A cables. S.29s4
Italy. demand. 401%; cables. 4.O21s
Demand-Belgium.3 3.39Aa; Germany
$3.50; Holland, 40.1S; Norway, 21.7o;
Sweden, 26.77: Denmark. 26.17: Swift
zerland, 1884; Spain, 14.41; Greece,
1.24: Poland, 1910; Czechoslovakia,
2.96: Jugoslavia, 176A; Austria
14.126: Rumania. .37%: Argentina,
4O.1s%; Brazil. 14.37h; Toxic. A.;
Shanghai, ~: Montreal, 10O.O3h.
Evening star., 1926-05-01
New ORLEANS Quotations.

ton futures opened steady. May. 1888
bid: July, 1850; October, 1857; Decem-
ber. 1855; January, 1852 bid Q92O.
The market was easy due TO lower
cables than due. First trades showed
losses of to points. which was
smaller than warranted by the Liver
pool declines. Prices soon rallied on
reports Of showers in the West and
expectations Of bullish private crop
reports due Monday. July traded up
to 1857. October to 1868 and Decem
her to 1854, or to s points above
Yesterdays close. Prices later eased
off on the English strike news.
New Orleans cotton futures closed steady
at a net advance of TO points.
Evening star., 1926-05-01
The Truth About Lying.

From the Argonaut.
A soldier went to his colonel, and
asked for leave to go home to help
his wife with her Spring cleaning. II
don't like to refuse you" said the
colonel, "but I've just received a letter
from your wife saying that you are
no use around the house." The soldier
saluted. and turned to go. At the
door, he stopped, turned, and re-
marked, Colonel, there are two per.
sons in this regiment who handle the
truth loosely. and I'm one Of them.
I'm not married"
Evening star., 1926-05-01
WEATHER LIFTS
VALUE OF COTTON
Market Rallies After FURRY OF
Selling at 0pening-Tone
Is Steady.
BY the Associated Press.

NEW YORK, May 1.--Cotton fu'
lures opened steady. May, 1886; July.
1910; October, 1922: December. 1890;
January, 1880. Favorable British
labor news, lower Liverpool cables
and reiterated talk Of mill curtailment
at home and abroad were factors In
an opening decline of to 8 points In
the cotton market today.
A furry of selling at the start was
absorbed around 1855 for May and
1922 for October by trade buying on
resting orders and covering. Appre-
tensions that the good weather re-
ported in the belt yesterday would be
followed by showers over the week
end probably promoted some of the
buying The volume Of business ta-
pered off after the first selling orders
had been executed. but the market
was steady at the end OF the first
hour. May ruling around 1854 and
October 1870, or l to 2 points net
higher.
Evening star., 1926-05-01
WOOL BUYING SMALL.
.ecjaI Djspa,cb to The Star.

SpecIaI UItpaTC1 10 IHt SIdT
BOSTON. May May opened with
a slightly more cheerful tone in the
raw wool market, stimulated by the
stronger price trend reported in Lon
don. Mills are buying sparingly al
the moment, however. and only for
immediate needs. Secured woods are
in fair demand. Fine territories are
dull. but inquiries are heard for fine
staple at $1.10 to $1.t5, for half blood
at 81 and for three-eighth blood comb
ing wool at 80 cents.
Evening star., 1926-05-01
GASOLINE HIGHER,

Special Dispatch TO The Star.
BALTIMORE. May l.-Gasoline and
motor fuels are UP l cent gallon
here.
This announcement was made by
the Standard Oil Co. and by the indie.
pendents.
The new prices are; Gasoline, in
|cluding the tax, % cents; blends, in.
|cluding the tax, % cents.
Evening star., 1926-05-01
Washington Stock Exchange

SALES.
Potomac Elec cons 5s-s2 900 AT 100 \
Wash. Alex. & Mt. v 5s-S2 900 at 10.
SIS. 900 at L..
Washington Gas 5s-S1 900 at 100.
Potomac Elec. Pow. pfd.--5 At 107h.
Columbia Title Ins. Co--26 at 8.
Mergenthaler Linotype-5 at 1l0. 10 at
40.
AFTER CALL
Potomac Elec. Pow. pfd. int. eff at
Io5 n.
Bid and Asked Prices.
Evening star., 1926-05-01
STEEL SCRAP LOWER.

NEW YORK. May l @.-Heavy
melting steel scrap has been sold in
the Pittsburgh district at SIS a ton.
a decrease of so cents a ton. Con-
sumers are taking only small lots of
various grades.
Evening star., 1926-05-01
Your Banker. Knows.

When in doubt about security
consult your banker. 1t is equally as
much his interest as your tn protect
your savings. You trust him with
your depositS-why not trust him
with your investment problems2
Evening star., 1926-05-01

Funds Immediately available for second
trust notes on d. C. and nearby Maryland
property. See Mr.. Read. LOCAL Agent at
William X. Hartung 4 Company
IOS 18th Street NV. Main 372
Evening star., 1926-05-01

CHICAGO, May 1.-Following Is a
report of today's sales, high. low and
closing quotations, at the Chicago
Stock EXCHANGE:
Evening star., 1926-05-01
BOSTON STOCK MARKET.

BOSTON, May 1.-Following is a
list of today's highest, lowest and
closing prices for the most active
stocks dealt In here:
Evening star., 1926-05-01
Trade Balance Uncertain.

1t is a question just what the posi-
ton IS regarding the balance OF
trade. But it is quite certain that
it is not against the United States
and that there would be no reason
for forcing sterling up 10 the gold
shipping point unless American
bankers were so increasing their
loans abroad that they would have
to send gold as part of the credit.
There is no suggestion at the pres
ent either of big revival on the
Stock Exchange or of a further trade
expansion. Therefore, it is fair to
conclude that money will keep easy
as it Is, and that investments will
continue strong.
The settlement Of the French debt
was one Of the outstanding incidents.
1t brought about active buying for
while in the French dollar bonds,
because 1t removed the obstacle which
had stood in the way of further loans
to France. But 1t did not result in
any improvement in the franc and
this, perhaps, was the most striking
episode Of the week. Evidently the
valuation of the French paper cur
rency has not been dependent upon
the funding Of outside war obligations.
1t is a matter entirely, so it seems,
of internal fiscal measures. The fact
that the French franc has risen very
little since the adoption by both
houses Of the French Parliament of
the new financial program must be
accepted as an indication that bank
ing option throughout the world Is
not at all sure that these measures
will have the desired effect and really
balance the budget.
Evening star., 1926-05-01
LAND BANK BONDS

Antique furniture Is becoming very
popular in London Offices for the pri-
vate rooms of bankers and merchants.
Evening star., 1926-05-01
Retail Business Is Good.


Despite the general clamor about
the backwardness of the season. re-
tail merchants in some districts are
finding from their quarterly state
ments that they have done the best
business on record in any first quar-
ter. In New England department
store sales ran So per cent ahead OF
the corresponding period of 1925. In
Boston women's apparel shops. shoe
stores and grocery stores did a splen-
did business in the last month. In
stallment sales ran so per cent ahead
of those for the corresponding time
last year In Philadelphia retail sales
jumped % per cent ahead of year
ago, while wholesale sales were 2.b
per cent higher. Shoe sales advanced
Is per cent.
From two widely separated sections
come favorable reports of prospects
for wheat. In Texas the crop is ex
pected greatly to surpass that of last
year. In the Northwest. North and
South Dakota and Montana are get.
ting on we'll with Spring plowing and
prospects are excellent. Vegetables
and early fruit and melons have com
menced to come from the South ano
Southwest and are yielding spiendlo
returns to growers.
Navigation is slowly opening on the
Great Lakes and coal shipments
through the straits of Mackinac al.
ready have started. The first ships OF
the season left Chicago today for Har
bor Springs. Mich.
Employment in Detroit, the center
of automobile manufacture. slumpeo
bv 7,70S workers to a total OF 251.57s
which. however, is high above com
parative figures for 1925. Four com
panies have put new models on the
market in the last few days. Most OF
these are of the sport or roadster
type. with features which permit
thorough protection in inclemen'
weather. These undoubtedly will spur
sales and the weather is exercising ia
vorable influence. The steel industry
showed little change. Soft coal con
tfnued In its slump. Oil bettered It's
position. In the non-ferrous metals
silver made some recovery, lead was
fairly active and copper and zinc were
dull.
Evening star., 1926-05-01
Money to Loan

Secured by first deed of trust on real estate.
Prevailing interest and commission.
Joseph /. Weller1RR'Ss ~, wash All 1; 4 Tr%;t HW
Evening star., 1926-05-01

NEW YORK, May 1.-Following
Is an official list of bonds and stocks
traded In on the New York Curb
Market today:
Evening star., 1926-05-01
BUSINESS IS GOOD,
ALL SIGNS INDICATE
Harmony Reigns Between
Most Workers and En-
pIoyers This May Day.

Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, May 1.-The labor
agitator who got out of bed expecting
to be queen of the May today un-
doubtedly received a second awaken
ing. Not for years have the relations
between employers and employees been
more harmonious in general. Only
few disputes are In progress, OF which
the Passaic textile strike is perhaps
the worst, and few are pending.
The building trades. the highest
paid of all the unioniZed lines of labor,
have ironed out most of their differ
ences and in many sections contracts
already signed will assure peace for
long time to come. Wages now are
about per cent higher than at this
time in 1925
Evening star., 1926-05-01

Wage payments in industrial lines,
which are a good indication OF manu-.
featuring activity. are higher In some
sections than at any time In two years.
In Chicago, however. there has been
gain of $40 of / per cent In number
OF employees and a decrease of 3-1O OF
per cent in payrolls. Nearly every
where both wages and employment
are above the 1925 level for the cor
responding time. Men are needed on
farms in many sections. the road
work having absorbed many itinerant
laborers. Farm wages are fully up to
the 1925 Spring level.
Little confusion attended the actiVl-
ties always due on this. one Of the
semi-annual moving days. Migratlons
were not so extensive as usual. since
rents for householders in many dis
tricts showed declines. Movers had
the situation we'll in hand. aided by
the additional time which the Satur-
day and Sunday period afforded this
year. In contrast to the drop in rents
| for houses and apartments in the
| larger centers. the amount paid 1or
| business and Office space advanced.
The volume of building contracts
| let showed a consistent gain COM
pared with last year. but the lowered
cost Of materials has not seemed 10
| put any added impetus into construc-
| ton. Production. shipments and new
business in lumber all showed gain
| this week
Evening star., 1926-05-01
MARKET DRIFTING AIMLESSLY.
WITH INTEREST OF PUBLIC LOW
Volume of Trading Decreases-Long!Term Money
More Plentiful Than for Past Year-Maintains
High Level of Investment Values.

A drift toward higher money rates
could come about in one or more of
four different ways--exCessive out
put Of new securities. gold exports,
much more active commercial de-
mand, lastly. a big speculation. At
the present time none of these four
things seems likely to happen.
The new loans coming out, where
they are of high quality, are being
readily absorbed. but there is no
strain upon credit resources because
the amounts which the investing
public are asked to buy are mod
crate.
When sterling got back last year
to par there was a good deal Of dis
cussion about the possibility of its
going to the export point. But this
has not occurred. The merchandise
movement is normally still running
in favor of the United States. The
So o-called invisible balance has COM
pletely changed since the war. The
interest on the British debt to the
United States and the tremendous
reduction on obligations due TO Eu-
ropean holders of American securi-
ties have gone far to offset the old
time factors of tourist expenditures
and charges for American goods
being carried in British vessels.
Evening star., 1926-05-01
FOREIGN BONDS.
in STANDARD OIL ISSUES.

Sales in STANDARD OIL ISSUES.
units.
100 Ang A non vtc 11ls 1Tis 1.<
100 Cont Oil new. 2IS 2l y 2l%
300 Gal sig Oil -. o0Ss :0Ia 20'3
1900 Humble Oil & r o. 66 6kis
800 Humb ORR wi ~ 657s 80
400 Imp Oil Can new 35i. 34a. 34a.
80 Ind p L..... Ga 64i2 t4i2
800 Intl Pet Ltd. 33ss 33 33Ls
500 Ohio Oil ... 6l 6Oh G0h
1900 Prairie o & 56A SO SAX
100 Prairie p L. 80. 123% 123% 123A
100 South Penn O 30 80 80
600 So O Cal wi. 55's 55A 5bA
$500 o Ind ..... 6bis 641. As
500 Q Kansas. 49,. 21l5 - q
100 8 o Ky. llQi4 1lnik 11ol4
TO- q Neh. .... 263 :,S3 2S3
c10OS o Y...... 81, 31Is 3lis
100 Vacuum Oil =. 100 II 10o1 100 n
Evening star., 1926-05-01
BONDS.
MISCELLANEOUS
PUBLIC UTILITY

d. c. Paper Co. Mfg. SIS. -. 80
Pot Joint Stock Lid Bk. 5s.. 10l j
Southern Bldg. g 1as..... 101 n i
Wash, Mkt. Gold Storage..... %
Evening star., 1926-05-01
FOREIGN EXCHANGE.

Quotations furnished by W. B. Hibbs Co
Nominal Selling checks
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-22
Uses to give $40 worth Of merchandise

Uses to give $40 worth of merchandise
for 81.
"From a moral point Of view the
question is: Can any woman afford
to lend herself to a scheme whereby
q large number Of her acquaintance
and friends will be either compelled
to lose from one to four dollars each
or make an investment Of ten to
twelve dollars in merchandise which
she may ill afford 20 buy?'
"Thc analysis Of the scheme from
an economic point Of view is simple.
There are a number Of different plans
and they may be worked in slight
" different manner, but results are
practically the same. The chain sys-
tenn OF merchandising works on q
quadruple scheme. If there are 1900
women in Bismarck who undertake to
buy an article on this plan it is rca-
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-22

.sonable to suppose that not more
than three chains could really be ex-
pected to be completed.
would be 20. the third would be so,
the fourth $50 and the fifth 1870
total 1,705. Thus it can be easily
figured out that only about one
the promised merchandise for 81
cash, as it is necessary for the sec.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-22
A. C. Directors
Issue Statement
on Chain System

The board OF directors Of the Bis
marck Association of Commerce to-
day issued the following statement
regarding the chain system Of selling
merchandise, which is being much
discussed at the present time:
"Thc chain system of selling mcr-
chandisc, which seems to be sort Of
an epidemic at this time, has struck
Bismarck and is arousing some inter-
est and discussion.
cit is sclf-cvident that there is
something economically and morally
wrong with any scheme which prom
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-22

their fifth game Of basketball this sea-
son last Tuesday evening when they
defeated the McClusky Independents
with a score Of 20 to Is. They have
played nine games in all this season,
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-22

.ond following chain to be completed
and paid before the promised prize
could be won."
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-22

Whipping cream guaran-
teed to whip at the Modern
.Dairy.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-22

Hope muslin basement 15c I'd.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-22
Turtle Lake Team
Defeats Me- husky

The Turtle Lake sharpshooters won
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-20
BOLTEN HILL
Daniel Anderson

The passing away of Daniel Ander-
son at his home on Boulton Hill, Sat-
urday. March 10, cast a gloom over
the community. Uncle Dan as he
was generally known was a familiar
figure on the streets of Augusta and
was known and loved by all. His
smiling face viii be greatly missed.
He was a son of the late William and
Sarah Anderson who were among the
earliest settlers of Augusta, original
ing from one of the old pioneer fam
lilies. Mr.. Anderson was a Civil
War veteran, seeing some Of the
hardest battles and enduring many
hardships. where he was wounded
and contracted malaria.
Having lost his wife about q year
ago. Uncle Dan has been in failing
health until the end can't, having
reached the ripe old age Of so; we can
truly say "Well done, thou good and
faithful servant"
The memory Of him will be one
sweet sad thought to those who knew
him and whom he befriended, he be-
ing as father to all.
The services were conducted by
Rev. Mr.. Garland; two selections were
beautifully sung by Miss Louise
Mason, Jesus Savior, Pilot Me" and
abide With Me-" There was a pro-
fusion Of flowers, showing the esteem
in which he was held. The remains
were placed in Bolton Hill tomb to
await interment in the spring.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-03-20
DAILY KENNEBEC JOURNAL. SATURDAY, MARCH TO- 1926.

program at thi smeeting and she
performed her duties in very cridit-
able manner indeed. Five pupils
from the seventh grade wrote COM
positions on the subject of "The
Safety Club" and these were read.
and afterwards Principal Richardson
made remarks, telling them theemer-
It's of their compositions, the princi-
pies Of the Safety club, the meaning
of its pledge, and explained every
thing pertaining to 1t in a very clear
manner. Those having compositions
were Margaret McDonald,N Robert
Winslow, Alex Cuplovich and Mar
garet Henderson. The program
closed with the singing Of America
the Beautiful and "Star Spangled
Banner" with orchestra accompani-
ment, and the finale was the salute to
the flag. A most regretable fact
doomed up darkly before both pupils
and teachers, that being that not a
single parent was present at the as
sembly. The pity of 1t is marked,
when such pains and effort are taken
to prepare these weekly programs
for assembly.