davidaulloa/AmericanStories huggingface dataset:
Evening star., 1926-03-08
CLOSING IRREGULAR.
Several Specialities Rally From Early
Low Levels at End.

NEW YORK, March 3 LP).-The
closing was irregular. Buying SUP
port. rushed to the aid of the rail
shares in the late trading, broke the
force of the selling attack elsewhere
and several specialties rallied to s
points from their early low levels.
Before the market stiffened, however
Foundation Co. and Nickel Plate had
declined II points each, American Can
o and General Electric, American
Brake Shoe. Coca-C Cola and Interna-
tional Harvester to 7l2. Chesapeake
& Ohio recovered its early loss and
Pere Marquette sold 212 points above
last week closing. Total sales ap-
proXinated 700 600 shares.
Evening star., 1926-03-08
Markets at a Glance

NEW YORK O4): Stocks-Irregu-
lar; Foundation Co. breaks | points.
Bonds Easy: Liberty bonds, firm;
other issues react Foreign exchanges
Steady: French francs hold firm.
Cotton-Lowcr; unfavorable spot ad-
vices. Sugar-Irregular. Coffee
Higher: steadier Brazilian market.
CHICAGO: Wheat-Lower; bear
ish weekly foreign statistics. Corn
Easy; bearish visible supply figures.
Cattle-Steady. HoSs-Lowei.
Evening star., 1926-03-08
GERMAN TRADE GROWS.
Increase of $54.e1e,37o Over 1924
Business With Reich Is Noted.

American trade with Germany last
wear amounted TO 1884 .595, 1855. an in
crease of $54,919 ,37O over the previous
year.
These figures. made public today
by he Commerce Department
showed a gain in exports to Germany
of $50 926.2S2, and an increase In i'm
ports from that country of $7l.-
9a30sS
Evening star., 1926-03-08
COAL FIRM HAS LOSS.

NEW YORK. March 3 lP.-Unsat-
tsfactory operating conditions in 1925
resulted in a net loss for the Pitts
hurgh Coal Co. of 81 PCS $40, Chairman
W. G.. Warned reported to stockhold-
frs today, This compares with net in
come of S2Sl ,SSS. and a deficit of
e.. .7S3,1SS, after the payment Of divi-
dends in 1924. Gross receipts dwin-
died from S44.o25,345 in 1924 to $33,-
S32 III last year.
Evening star., 1926-03-08
METAL MARKET.

NEW YORK. March s OP.-Copper
steady; electrolytic. spot and futures
Hisal4h Tin easy; spot and near
by. 63.75; futures. 62.S7. Iron steady
No. Northern. 22.00a23.50: No. :
Northern. 2lo0a22.50: No. 2 South
ern. 22.ooa23 90. Lead steady; spot
SIS. Zinc steady; East St. Louis
spot and futures. 7.45. Antimony
spot, 19.5oa2000.
Evening star., 1926-03-08
GRAIN PRICES SUFFER
SETBACK IN TRADING
Visible Supply Statement Brings
Reaction in Closing Hours of
Chicago Market.
By the Associated Press.

CHICAGO, March 8.--Grain prices
suffered quick setback in the late
trading today. The reaction was
largely result of selling out by
wheat traders who earlier had been
buyers, but who found that the
market was without aggressive sup
port after the United States visible
supply statement was issued show
ing less of a decrease than had been
looked for In some quarters. Besides,
forecast of rising temperatures had
a somewhat bearish effect, as did
word that export demand for North
American wheat was slow.
Wheat closed unsettled IL to 2
cents net lower. corn 81 to Is off and
Evening star., 1926-03-08
BUTTER IS HIGHER.

CHICAGO. March 8 (P).-Butter-
Higher; receipts. 1898 tubs: cream
cry, extras, AZ; standards. 4la4 extra
firsts, a4la4l u: firsts, 40a4012 seconds.
S7a39. Eggs-Unchanged: receipts,
22,354 cases: extra firsts, 26ka26a4
frsts, 251aa25at: ordinary tirsts, 24i4
Evening star., 1926-03-08
DRY GOODS QUOTATIONS.
| Dispatch TO The Star

Spt'1dI UIspatCh 10 The Star.
NEW YORK, March 8.-Cotton
goods markets showed a slightly
easier tone at the start of the new
week. Print cloths were quoted at S14
cents for 6460s and 90 cents for s.
72s, the latter decline of an eighth
of cent. Raw silks We're steady with
trade of moderate proportions.
Evening star., 1926-03-08
PARIS PRICES IRREGULAR.

PARIS. March S (p-Prices moved
irrpgularly on the Bourse today
Three per cent rentes. 4S francs so
centimes. Exchange on London, 135
francs 10 centimes. Five per cent
loan, Sc francs so centimes. The dol
lar was quoted at y francs 81 cen
times.
Evening star., 1926-03-08
FOREIGN EXCHANGE.
Quotations furnished by w Il Hihhs & Coz
Nominal Selling checkp
s gold vslue s to-day.
NEW YORK. March s (R.-For.

NEW YORK. March LED.-For-
sign exchanges irregular, quotations
in cents. Great Britain, demand,
4s5 7-16; cables, 4S57s 60-day bills on
banks. 4S1 916. France, demand,
3.6O1s: cables. 3.6l. Italy. demand.
4.O1; cables, 4012s, Demand: Belgium,
"a: Germany. $3.50; Holland 1908:
Norway. 21.30: Sweden. $3.50. Den.
mark, 1881; Switzerland. 1925: Spain,
14.09; Greece, Lac; Poland. 1900;
Czechoslovakia. 2.96: Jugoslavia. 1.76;
Austria, IA; Rumania. 43. Argentina
40.27; Brazil. 1865: Toxic. 447s: Shang
hal, 1914; Montreal. 9912
Evening star., 1926-03-08
STRIKE HALTs BUILDING.

CLEVELAND, March S.---Work on
many of the city's big construction
Jobs stopped as a result of a strike
of common labor which came after a
demand for 81 an hour was rejected.
The present rate is S712 cents an
hour.
Evening star., 1926-03-08
MONEY MARKET EASIER.

NEW YORK, March s R.-Call
money easier: high, AZ; low. 4; ruling
rate. Az closing bid. 4; offered at Az
last loan. 4: call loans against ac-
ceptances, 4. Time loans firm;
mixed collateral. 5000 days, Az As
months, 4%; prime mercantile paper.
AZ.
Evening star., 1926-03-08
FISHERS PRICE INDEX.

NEW HAVEN, Conn, March s.
tSpecian.--Prices, 1874; purchasing pow
or, 65; Crumps. l4l. Irving Fisher, Yale
economist, reports.
tConNftght. 1926
Evening star., 1926-03-08

HOUSTON, March S.-Applicatio tons
for loans at the intermediate Credit
Bank here are so heavy as to indi-
cate a record-breaking planting of
cotton in this section this year
Evening star., 1926-03-08
GOVERNMENT ISSUE.
BOOSTS LIBERTIES.
Mellon Announcement Sends
War Bonds Up French
Obligations Sag.
BY GEORGE T. HUGHES.

Special Dispatch to The Star.
NEW YORK, March S.-The two
features in today's bond market were
the strength in liberties and the
weakness in French obligations.
Buying of the Liberties was in re-
sponse to the announcement by Sec
retary Mellon of the Government S
March financing program, an issue
of $500, ,0O0.O 900 in long term 3a4 per
cent Treasury bonds at 1904. This
is the lowest coupon rate at which
Government bond issue has been
offered since the first Liberty loan.
There has been short-term financing
on a lower yield basis to the investor.
but no long term bond issue. The re
suit was today an upward movement
in the Liberties to readjust yields to
basis comparable to that obtainable
on the new bonds.
New Highs Reached.
The first. third and fourth 4A
Liberties sold at new 1926 highs. Not
so much interest was taken in the
other Treasury issues, but they had
already been selling to yield less than
3& per cent. Bankers today expressed
the opinion that the new Treasury
offering would Sle oversubscribed. not
Withsta nding the low coupon rate.
All French obligations went lower
today. Offerings were not in large
volume. but prices declined to ap-
proximatelv the lows of the year
French 7bs broke 9S and French IS
selling at IS were a quarter point
below the previous record this year.
Early losses in French Cities IS.
amounted to full point. And frac-
other foreign issues in sympathy. An
exception was Rio de Aaneiro SIS OF
1916. which We're UP over point.
In the main body of the list prices
were inclined to sag. Trading was
very dull.
New Issue Sold
Speculative issues declined in sym
pathy with the stock market. Chesa
peake and Ohio convertible IS at 139
were down Az points from Saturdays
close. Skelly Oil 6las lost nearly .
points. Hudson and Manhattan in
comes sold below IS. Interhorough s
per cent notes lost a point. Some
buying interest was ma anifeSted in
Milwaukee Electric Railway and Light
issues
OF the days new issues the S14,-
900 900 Port of New York authority
412s were reported sold before noon.
Evening star., 1926-03-08
GERMAN BONDS AND STOCKS.

Quoted in dollars per million marksl
Bid. Asked.
amburg 4 II 1919. $50 90 200 90
Quoted in dollars per thousand marksI
Evening star., 1926-03-08

Am Ship & Com.
Am SIN & Ref "a,
Am S & r of 20.
Am Snuff (12).
Am Stl Fdys 80.
Am Sugar t5).
Am Te!&Tel t9).
Am Tobacco tS).
Am Tobac B go.
Am Typ FdrstSl
Am Wa Wo F1.20
Am w w lst %.
| Am w oolen. 49,.
| Ar, Wool of (7).
Am Writ Pap pf.
| Am Zinc ......
Am Zinc pf. 49,.
Anaconda t3).
Archer-Ds niels.
| ArnourDel pft7)
Armour,I III A cd
/ Armour.Ill OBJ
Artloom go
Asso Dry Gt2 hD
A $50 Oil (2).
Atchison o..
! Atchison pf go.
All Rirm & At
All Goa st l. fT9b.
| At Gulf&W !.
Att Gulf&WI pf.
Atlantic Refing
Allan Ref pf(7).
Atlas Tack -,
Austin Nichols
Auto Knitter
Baldwin l. 40.
BALTIC & OhiotSl.
Bang G. Ar (3). E.
Barnsdall A (2).
Barnsdall 3 (2l.
Beech Nut tt3t.
Bedding BroSt3).
Bethlehem Stl.
Beth Stl pr Cd.
Beth Stl pf 3D..
Booth Fisheries.
Rotany A 90.
briggs Mfg 3D..
Bkl Edison tS).
Bklyn-Mn Tr(4).
Blk Man r pf(6).
Bklyn I'm 60.
Brunsw ick-B Balk.
Brunswick Ter.
Burns Bro t10).
Burns Br B CD.
Bush Terminal.
Butte&Super(@).
Calf Pkg 3D..
Calf Petrol CD.
Callahan Zinc.
Calumet Il Ar -.
Can Pacific (l0l.
Ca Sc Threshins.
Cent Leather. -.
Cent Leather pf.
Century Rib CD.
Cerre De p (f5).
Certain-Teed ca
Chand er-Clev.
Chand-Clev pref
Chesa&Ohio 90.
Ches&O pf &c N
Chi & Alton ctfs.
Chi IL Alton. -
Chi & Alton pf.
Chi G. East Ill pf.
Chi Great w est.
Chi CIR w est pf.
Chi Mi & st z.
Chi Mil Il StP pf
c Nj & ST p ctfs
c Mil&StP pf CTS
Chi & Nwn o..
Chi Pneu T 3D..
Chi X / g. Pac. E.
c r | & 2 pf 90.
Childs ($2.40)..-
chile Cop " NJ,
Christie Brown
ChrysIer Corpn
Chrysler pf AtSp
CCC & StL pf 90
Coca-Cola (T).
Coca Cola pf 90
Col Fuel Il Iron.
Colo Southern. >.
Col G & e (2.60).
Col G & e pf %.
Col Carbon o..
Coml Cred II h).
Com Cred 1st 8 n
Com In 'Tr pf & ~
Com Solv A t4)..
Com Solv B. ....
Congoleum-N... -.
Consol Cigar.
Consol Distribut.
Consol Gas tS).-
Consol Textile
Cont Can tt6)...
Cont InSur t6)-.
cont Mot t60c).
Corn Prod I'D -.
Corn Prod pf7).
Coty Inc (4).....
Crucibie Stl (5).
Crucible pf %.
Cuoa Cane Su.
Cuba Cane Su pr.
Cuba Co t4l.....
Cuban Domin. =.
Cuban Dom pf. E.
Cushman's 3D..
Cuyamel FIR (4).
Daniel Boone.
Dawson Cnem
Del g. Hud t9)
Del l. s. Wn 90.
Detroit Ed go.
Dovoe& Ia ( 2.40).
Dodge Bros CT A.
Dodge pf %.
Dome Mines CD.
Douglas Pee %.
dupont (10).
Dupont deb 60.
Duquesne pf ca.
Eastman tTS)...
katon Axle CD.
kisenlohr & Bro.
Ell Auto L(f6 70 }.
electric Boat.
Eiec Powr g. Lit.
El r & l. pf o..
r,iec Sto Battt6)
Emmerson Brnt.
End John i6l...
Erie r r.
Erie LIST pf. .....
Erie I'd pf 900.
Eureka Vac 90.
Exchange (1h)-
Fairbks Nor 90.
Famous Pl tSl..
Famous pf tSl.
Fed L& Trts 400.
Fed silu pf t7).
Fid Phoenix 90.
FIRST Nat S 81 1ac.
Fisher Body toJ.
Fisk Rubber.
Fisk pf stpd Cd.
Eleischmntnew)
Foundation (S).
Fox Film A CO..
Freeport-Texas.
Gabriel Atfsh).
Gardner Motor.
Gen Am Ink 90.
Cuban-Am 8 co.
0A~ A .~A1H&
Evening star., 1926-03-08

Dividend rates as given in the above tabla
are the annual cash payments based on ths
latest quarterly or half yearly declarations
Unless otherwise noted. extra or special diyi.
oends are not Included.
Paid this year. no regular rate bor
optional in stock. "Partly stock fPartly
extra. sPayable in preferred stock tPIus
Az in stock payable 90 quarterly. fPlus
A& in stock bay able u q euarterly
Evening star., 1926-03-08
NEW YORK STOCK EXCHANGE
Received by Private Direct to The Star Office

Open. High. Low. Close.
AIN 48 AM 48
lot 107 lot 107
15h 1874 15h 15h
I1OIa 11Oh l101a 1l0h
Evening star., 1926-10-23
BUSINESS STILL ABOVE NORMAL
IN AMERICA. BABSON REPORTS

I riod of depression, 1t Is possible. with
considerable accuracy, to forecast us
duration. A period of depression IS
merely the reaction from q period or
prosperity. When, however, In a Pc
riod Of prosperity, as at present: no
economic law will tell us how long
this period viii last.
America is still on the upgrade 1t
will take years to stop the main
trend Of the upward momentum or
our great country. even though there
will be periods OF depression every
few wears. America not only has the
resources and the labor, but 1t has
the brains. the courage and the faith
which make for real progress. Eu-
rome, on the other hand, has many
problems vet to solve before 1t can be
out OF danger.
It would not be surprising to see
distinct recession in general business
throughout the world within the next
two or three years, but such would be
merely temporary. When 1t comes 1t
villas usual-be the result of the
over extension of credit. Doubtless
the automobile industry. the building
industry and some other industries
have progressed too rapidly and are
today over extended: but these indus
tries have performed great function
in bringing about prosperity. After
q readtustment these industries will
reach greater heights than ever.
Commodity Prices Declining.
Commodity prices will tend to de-
cline over a long period Of years. The
increased producing capacity. the de-
velopment Of scientific research. the
greater use of statistics and other
Evening star., 1926-10-23

These allow the office workers to
spend their lunch hour high above the
noise and bad air, yet in perfect safe
ty. Stores, dining rooms and other
concessions will be built on these side
walks. There are possibilities for
new standards Of healthfulness in the
densely crowded cities.
"There will be no obstruction in the
view because of one skyscraper being
in front Of the other. The enormous
size Of the building at the base will
permit the structures to rise only at
intervals of one block and their re.
cessional construction, a result of the
zoning law, a sort of pyramidal de-
sign. will make their highest points
on a perspective with other nearby
skyscrapers. so that the tenant can
always have clear view in any direc-
ton.
"The large structures will auto
matically stop the smaller ones, for
there will be no profit to the owner Of
a smaA building should he compete
with the rates offered by these great
structures of the future" said Mr..
Bosom. "It will be like an indie
pendent oil company fighting the
rates of Standard Oil.
1.-THE trend for tall buildings is an
economic one. The opposing schools,
those whose adherents predict greater
concentration in cities, against those
who urge decentralization, were In
evidence at the last architectural ex-
position, and this will be brought out
in still sharper contrast at the next
great architectural exposition, which
will open in New York in the latter
part Of February.
cat that exposition the public will
find that even in some parts of Europe
the setback building is gaining
ground. The public will also find that
the apparent paradox of concentration
hand in hand with decentralization IS
being worked toward a solution, for by
better arrangement of building urban
dwellers will enjoy the advantages Of
light and air urged by advocates Of
decentralization as the advantage Of
living In the country. We are on the
threshold of a new era in the artistry
of American skyscrapers."
Evening star., 1926-10-23
FUTURE HOMES AND GARDENS
SEEN IN 1OO-STORY BUILDINGS
Architect Predicts Huge Apartments, With
Suspended Areas for Flowers and Trees,
Coming In 20 Years.

upon the most magnificent cities in
the world.
"Just think of reclining in a sun
!! chair 1900 feet above the ground and
looking 20 miles over a seething mass
Of industry. yet not hearing a single
sound save that Of the breeze and
birds. 1t will be as healthy as living
at mountain resort. Liberty, N. Y.
and Paul Smiths, in the Adirondacks
are above 1900 feet sea level and ia
nous as health resorts. The Wool
worth Building is 792 feet high and
almost on a level with the ocean, vet
the difference in healthfulness Of the
air at it's base and summit is pro-
nounced
"When skyscraper apartments are
built on attitudes 800 or 400 feet
above sea level, the tenants in most
cases will have rooms almost 1000
feet above tidewater, which should
assure pure air in any CITY," continued
Mr.. Bosom. "Staten Island, near
New York. has an elevation of 400
feet, capped by family hotel 600 or
700 feet tall. Chimneys will be elm
mated in the skyschapers of the fu-
ture, for electrical currents will gen.
crate the heat.
There will be recessional sidewalks
about the building, allowing the resi-
dents to stroll around the entire struc.
ture not unlike a hiker on a mountain
trail. In the Chill Building, in Ham
burg, Germany. recessional sidewalks
have been built around the building.
Evening star., 1926-10-23

A house and garden virtually sus
pended on sky hooks, high above the
realm of flies and mosquitoes, out OF
the noise and fumes of traffic and in
plain view Of the rising sun, will be
the home Of the average city dweller
in 20 years, and not the palatial blue
sky estate of some millionaire, said
Alfred G. Bosom, New York archi.
tect, upon returning from tour of
Europe. where he studied the latest
trends in architectural design. Mr.
Bosom believes that only the first 10
or Is floors will be used for business
offices. After this the setbacks will
start and living quarters will begin,
rising as high as 100 stories.
Every three floors or so a setback
will start, and on it's level there will
be private gardens, with real trees,
grass plots, pools and flowers in abun-
Dance" said Mr.. Bosom. Already
New York has one such apartment
like this, with a pool large enough to
float a canoe. It is not unlikely that
these buildings will rise 100 stories
above the ground. Almost their en-
tire capacity above the fifteenth floor
will be given over to apartments,
whose windows and gardens will look
Evening star., 1926-10-23
LOCAL BOARD SEEKS TO RAISE
REALTY BUSINESS STANDARDS
Program of Education Is Inaugurated Here
for Closer Relationship Between
Dealers and Public.

lawyers and successful real estate
men standing high in the community.
This year these courses will begin
November at the Wardman Park
Hotel.
Following out the example of other
years. courses have been arranged at
the Y. M. G.. A. Advancing from q
mere lecture course. held heretofore.
this year standard textbooks, together
with quizzes and examinations with
the award of final certificates, will be
used. These courses have received
much commentator and are open
to the general public as well as real
estate men.
Exposition for Public.
The Better Homes and Building Elk.
position held by the board in the
Washington Auditorium and which
closed last night was another ad-
vancement in the educational work
planned by the board. This show was
not only for the encouragement of
home owning and better building, but
also to afford the public an oppor-
tunity of studying real estate prac.
tees, home making, home keeping.
house building and all phases of
realty development beginning with
the foundation of a house to the
the family home.
The board also maintains an infor.
nation bureau, in which 1t attempts
to he of use and to explain to owners
and prospective owners of property
all the details which they might find
puZzling to them in their real estate
deals. Many thousands of persons are
annually advised and many problems
yearly explained by the staff Of the
Washington Real Estate Board.
In carrying out this educational
work the local board is also moving
along in line with the national assO-
citation, which Is conducting courses
in correspondence and through whose
influence almost a hundred educa-
tional institutions, some of the largest
universities in the country, carry real
estate courses. This movement has
already started in at least one OF the
large English universities.
The board also maintains at It's
headquarters, 1417 X street northwest.
a constantly increasing library on real
estate topics and practices.
Evening star., 1926-10-23
BY JAMES p. SCHICK.

| Executive Secretary Washington Real Estate
Board.
One of the primary objects Of the
Washington Real Estate Board Is the
| carrying out of the purposes of the
National Association Of Real Estate
Boards in educating realtors and the
general public for the purpose OF
| bringing about a batterment of hous
ing conditions in the realty field.
Since it's inception the Washington
| Real Estate Board has constantly
backed the educational features of Its
| work, and year by year has addeC
more opportunities to realtors and the
| general public to avail themselves OF
| the experiences of men and organlza
| ttonS prominent In the real estate
| field of the country.
The country Is real estate and It's
prosperity Is the development OF the
natural resources contained In this
| real estate and the improvement OF
| is through it's development. whether
| 1t be on the farm or the making OF
q great city. Real estate in all Its
phases touches the life of every per-
son in the Nation, whether 1t be
| lease for a humble apartment or the
purchase Of great areas for large fac
tories or Office buildings.
In Washington, besides business
men and investors. there are approxi
mately 100000 families who more OF
less are connected in some transac-
tion through a real estate office. To
| these people the Washington Real
Estate Board is endeavoring to give
an opportunity to learn more of the
conducting of the business in which
they are interested.
Gains Must Be Mutual.
President Coolidge in addressing a
large gathering of realtors here made
the following statement: There must
he mutually of advantage reaching
both sides in every truly successful
business operation. The deal In
| which one side gets the best of il
| is not good business. 1t does not
promote more business or produce
confidence In business generally
Formerly, there was a curious notion
| that if one side in a business propo-
sition prof1ted the other must neces-
| sarily lose. If that were true al
business would be under suspicion
| and wise people would stand aloo1
| from it. The truth is that when two
parties enter into a transaction by
which one exchanges something which
he needs less for something he needs
| more, both sides are benefited"
The President further in his speech
said, "The real estate business makes
| large demands on the skill and abili
ties of those who succeed in it."
Fully realizing these statements
| the Washington Real Estate Board
| has made every effort to encourage
its active members and the statesmen
working for it's active members to
study constantly in their profession
FLO encourage this, the board has from
year to year held series of forums
which have been largely attended.
These forums consist of lectures
and quizzes on practically every ma jor
subject in real estate work. These lee
lures have been given by bankers
Evening star., 1926-10-23
SALES MANAGERS GROUP
TO MEET ON TUESDAY

The sales managers division Of the
Washington Real Estate Board will
hold a meeting at the Lee House next
Tuesday at 1890 O'Clock. Charles H..
Hillegeist, chairman of the division,
announces.
The purpose Of the meeting Is 10
give further consideration to a stand
ard contract, which has been drawn
up by Joseph A. Herbert, jr., chair
man of the subcommittee of the divi
sion, which has been studying for
some time a standard sales contract
for use in the District.
1t is understood that with a few mi
nor changes the contract form will be
approved by the board and recon-
mended to the members for use.