davidaulloa/AmericanStories huggingface dataset:
Evening star., 1927-05-12
BY WILLIAM F. HEFFERNAN.

NEW YORK, May 12.--Aside from
a few speciality fayorites which con-
tinued in demand at higher prices, the
oil shares dominated the trading on
the Curb Exchange today. Price
changes were confined to narrow
limits. but the steady liquidation
which had been in progress for the
past few months appeared to have
run its course, at least for the time
being.
This, of course, was due to the lat
est efforts of leading officials of the
industry to devise some means of
checking the tremendous outflow of
crude oil. Then there was the opti-
mistic statement of Secretary Mellon
that the present situation in the oil
industry was temporary and would
eventually right itself. Standard Oil
of Indiana, because of its large cash
resources and otherwise strong fnan.
cial position, was a favorite, running
up a point or more. Prairie OIL and
Evening star., 1927-05-12
POTATO MARKET STEADY.

CHICAGO, May IL GED.--Potatoes
Receipts, new, II cars; old, 43
cars; on track. new, 1O2; old, 175;
total United States shipments, 565
cars; old stock. supplies liberal, de-
mand and trading good; market
steady; Wisconsin sacked Round
Whites, 3.00a3.25; mostly 3.10a3. 20;
Minnesota sacked Russets, $40;
Idaho sacked Russets mostly 400:
few higher: poor, $50 New stock,
supplies liberal, demand and trading
good, market slightly stronger;
Florida, barrel Spalding Rose, 7.T5;
Alabama sacked Bliss Triuinphs, 500
a3.S5, mostly, 375a3.S5. Louisiana
and Texas sacked Bliss Triumphs,
3.25a3.50.
Evening star., 1927-05-12
COPPER STOCKS DROP.

NEW YORK, May IL P).-The
American Bureau of Metal Statistics
reports stocks of refined copper at
the end of April were 9S,415 short
tons, against 102.637 on March 81, a
decrease of 4,222 tons. Stocks of
blister copper We're 253.347 tons. a
drop of 10,021 tons. Total refined
production in April was 125.290 tons.
against 126,33l i'll March. Shipments
were 1852 tons. of which $500
were exported, against 1884 the
month before, with exports of 49,767
tons. Primary production by United
States mines in April was 70,552
tons. against 69,314 in March.
Evening star., 1927-05-12
CONTRACT FOR TOMATOES.

BALTIMORE, May IL (SpeciaD.-
Packers on the Eastern Shore section
are reported contracting for tomatoes
this year at IS cents a basket, and
while some farmers have signed up
at this figure others are holding out
for better prices. While there is
large supply of tomatoes the belief
prevails that the stock will be greatly
lessened before next Fall and that
better prices will prevail.
Evening star., 1927-05-12
ELECTED TO BOARD.

NEW YORK, May IL L1.-New-
comb Carlton, president Of the West
ern Union Telegraph Co, and Gerard
Swope, president Of General Electric
Co, have been elected directors of
international Power Securities Cor
poration to fill vacancies.
Evening star., 1927-05-12
BUSINESS PICKING UP.

NEW YORK, May IL, R.--Youngs-
town dispatches say new business is
coming forward in satisfactory volume
to valley rolling mills. with indica.
tions that May production and ship
ments will exceed April figures. The
price advance In the steel sheet
market drove In some business which
was held in allegiance and conditions
are somewhat steadier.
Evening star., 1927-05-12
NEW YORK MARKETS.

NEW YORK. May 12 OP.-Rye
firm: No. 2 Western, 122 fob. New
York and l.20A elf. export. Barley
firm: Mating, 103sl0e elf. New
York. Lard, easy; Middlewest, 1855
al2.75. Wheat futures opened steady;
Domestic. July l37A. Other articles
unchanged. ,..-.-.,.
Evening star., 1927-05-12
GETS BIG STEEL ORDER.

NEW YORK, May 12 (R.-Ameri-
can Bridge Co. has an order for about
5000 tons of structural steel from
Baldwin Locomotive Works for addi-
ton to it's Eddystone, Pa, plant. Esti.
mated structural orders the last week
exceeded 10000 tons, against $4,000 the
week before.
Evening star., 1927-05-12
WILL FORMULATE RULES.

Regulations win be promulgated
next month governing the administra-
tion of the produce agency act de.
signed to prevent fraudulent prac.
tees in the handling Of perishable
farm products. the Department of
Agriculture announces. The act goes
into effect July /.
Evening star., 1927-05-12
SHE'LL UNION INCOME.

NEW YORK, May IL Pl.--First
quarter net income of Shell Union Oil
Corporation was $5,2s3,255, before
taxes, against $5.495,S91 in the first
quarter last year. Gross income, in.
Guiding a half interest in the income
of Comar Oil, was $12 ,803. .425, against
$11 .559,191.
Evening star., 1927-05-12
FOREIGN EXCHANGE.
Quotations furnished by W. B. Hibbs Coz
Nominal Selling checks
NEW YORK. Nav 1e (Pl

NEW YORK, May 12 P).--Foreign
exchanges easy. Quotations lin
cents): Great Britain, demand,
4S5 9-16: cables. 4S57s; 60-day bills on
banks, 4S21s France. demand, 3.91 u;
cables, 3.91B. Italy. demand, 5.42;
cables. 5.42h.
Demand--Belgium. 1899. Germany,
23671a; Holland, 1898; Norway, 1882;
Sweden, 26.73 Denmark, 26.67l2:
Switzerland, 1923; Spain, 17.611z;
Greece, 1872; Poland, 11.40; CZechoslo-
vakia, 2.96; Jugoslavia, 1.76; Austria,
1412h; Rumania, .63t9; Argentina,
42371s; Brazil, 11.S7h; Toxic, 47.621z;
Shanghai, 62.25; Montreal, 100.06A.
Evening star., 1927-05-12
Tropics Produce Quantities.

Independent oil men engaged only
on production within the United States
point out that the production of
Colombia and other countries has
increased tremendously and that IL
production is checked here, the pro.
ducers in the tropics still are in q
position to throw cheaply produced
oil on the market.
The efforts of the larger producers
are mainly directed to the Seminole
field in Oklahoma at present. but Texas
producers say that the prospective
production in West Texas also
promises to be enormous.
Evening star., 1927-05-12
COTTON GOODS EASIER.

B NEW YORK. May IL lSpeciaD.--
Moderate activity marked cotton
goods markets today, with prices
easing Off " at s 70 cents for 68x72
print cloths. The standard 64x60s
were steady and quiet.
Evening star., 1927-05-12
PIG IRON LOWER.

NEW YORK, May IL Go).--Basis pig
iron is quoted in the Pittsburgh dis
trict at SIS to $3.50 ton, valley, a
drop of so cents ton on both grades.
The price of No. 2 foundry is $3.50
valley.
Evening star., 1927-05-12
BUTTER rs UNCHANGED

CHICAGO, May IL H).--Butter.
unchanged; receipts, 7.429 tubs. Eggs.
lower; receipts, 27,017 cases; firsts,
22a23; ordinary firsts, 20a21; storage
packed extras. 25&; storage packed
firsts, 25K.
Evening star., 1927-05-12
CAL LMoNEY STEADY.
tReported BY j. & W. selign1an & Co. }

NEW YORK. May 10 Lp9.--call
money. steady; all loans, Az closing
bid. Al. Time loans, steady: mixed
collateral, 5000 days, 4l4a4ss; 4-G
months, 3s; prime mercantile paper,
4a4xs I, IA s.:ssss go
Evening star., 1927-05-12
RUBBEn 1rNCHANGED.

NEW YORH May IL Especial
Crude rubber, noked ribbed sheets,
reniained unc1 1anged III today's noon
quo IA tI12af An u 40 s This compares
Mitn 4f onth $50 and ~ II II
Evening star., 1927-05-12
New Orleans Markets.
Washington Stock Exchange
SALES.

SALES
Potomac EIec Ga 953-S1 900 at 1851
Capital Traction Co.---6 at 105.
Wash. Rwy. & Elec. pfd.---6 at 925
Amer Security Trust Co.--I0 at
3S7tS 90 at 3S7
Natl Mtge & Inv pfd--1O0 at 8. 80
at g..
AFTER CALL.
CapitaI Traction Cole at los.
Potomac Elec. pfd.--5 at 1857
Wash. Rwy. & Elec. gen. 6s-S3 900 at
103A.
Evening star., 1927-05-12
SILVER QUOTATIONS.

NEW YORK, May IL Lp)-Bar sil-
Yer, SOS; Mexican dollars, 42h.
Evening star., 1927-05-12
TREAsURY cERTIFIcATEs.
| tReported ~ !. a ". seligman 4 Col

Rate Maturity &4sBid. Offer.
3 As june i B, 1927, ~ Il 90 3I-32 100
5sss 5isss IL ls ass 81 Ss l lss lss as:sa n
Evening star., 1927-05-12

Following is list of bonds and
stocks traded in on the New York
Curb Market today:
Evening star., 1927-05-12
Output Must Diminish.

Flush production--the first gush OF
oil to the surface from new pool
cannot continue indefinitely, however.
The great Seminole pool is bound
sooner or later to show a dimunition
of production. Texas oil men say
this fact is more likely to correct con-
ditions than is Government regulation.
Also they say that despite the evils of
overproduction, search for new fields
must continue, since unless these new
pools are found the world supply
will eventually fall below necessary
amounts and oil companies. with their
present wells exhausted. win have to
go out of business,
The plan proposed to the Govern
ment officials contempiates the
acquisition of the subdivision Of Wild
CATERS acreage by the producers in
each territory. Many independent oil
men say such regulation would be
hard to secure, since 1t would involve
forbidding a citizen to drill hole on
his own ground or would make him
dispose of a portion of his ground.
whether he desires to do so or not.
This. they say, smacks strongly of
the kind of regulation against which
such strenuous protest has been made
in Mexico.
Evening star., 1927-05-12
NEUTRALITY-SUSPICIOUS.

Sssssaqs sslss g.fS SI.D BsirE e'.s 13$S5
b. &. PAPER Co. Mfg. 5s.. "a 98
Pot, ,,na Jolnt S,SS Stock ha Biz 6s. l0d lod ioi
Wash. Mkt. Cold Storage 5s g4la 90
Wardman Park Hotel 5As.. 971a 0s
Evening star., 1927-05-12
AFTER CALL
Bid and Asked Prices.
BONDS.
PUBLIC UTILITY

Bid Asked,
Amer. Tel Telga. 4s.... 90 aab
Amer. Tel. & Telga. ans. 9S12 1D0h
Am Tel Tel. ctl. tr. bs,. 104 ....
Anacostia & Pot. r. r. 6s.... g5A .....
Ana. & Pot guar. 6s........ 95A .....
G. & p. Telephone bs.. ..... 100I ....s
G. & p. Tel, of Va. 6s.. 49,. 101 - .....
Capital Traction r. r. 5s... 10l III 102
City & Suburban 5s.. $50. "a $500.
GEORGETOWN Gas 1st 5s, -. 101 ..-..
Potomac Elec. LIST 5s.. .... l00Is 49,.
Potomac Elec cons 5s. 10l IA 102
Potomac Eiec. Is 1858. 10S 10S Ia
Wash. Alex. & Mt. Yer. 5s ....
Wash. Alex. & Mt. Yer. eff. .,...
Wash Halt. & Annap. S.. 8S .....
Washington Gas 5s 49,. 10l .....
Wash. Gas 6s Series A A... 103 "a ....
Wash Gas 6s Series B. 104 1a 100 "a
Wash, Rwy. & Elec. As. S51a H6
Wash. Rwy. & Elec. gen. 6s.. 103h 104
Evening star., 1927-05-12
Advice Unheeded.

In answer to the Teagle-Farish APP
peal, Secretary of the Interior WORK
announced the Government would be
glad to give it's advice. The petro-
leum industry has been in receipt
of wise advice for months. but has
declined to take any of it. Crude
prices are fully 40 to so per cent
below the high points of last year.
Weakness in gasoline sttll persists,
but output is still between Z,ooV'ooo
and 100000 barrels daily.
Even though 1T is agreed that the
output Of such a quantity is foolish,
considerable excuse exists in the
cases of some Individual operators.
Huge oil acreages are held on leases
1t Is natural that this ground be
exploited without delay or check,
since the time in which it may be
made to yield profit is limited. once
a pool is opened, property owners In
the district are often almost Obliged
to drill additional wells. When one
we'll is sunk, the oil, under pressure,
naturally seeks this outlet. If al
lowed to run uninterrupted, one well
would drain the oil from ground ad-
joining it, belonging to others. The
only way to stop this is to drill an
offset well which will equaliZe the
pressure, and let the oil flow into the
tanks of the owner or lessor of the
ground. Consequently, everybody is
out to make Oil flow while the sun
Shines"
Evening star., 1927-05-12
DIFFICULTY SEEN
|NOL FLOW CHECK
Smaller Lease Holders Ex-
pected to Fight Any Plan
to Curb Output.
BY j. G.. ROYLE.

Special Dispatch to The Star
lew YORK, May 12.-About the
only certainty in the oil situation to-
day is that it cannot CONTINUES illdefi'
nftely. That was the opinion ex-
pressed today by oil producers of the
field, number of whom
are in New York, after considering
the appeal made by Walter c. Teagle.
president of the Standard Oil Co. of
New Jersey, and w. F. Parish, for
mer president of the American Petro-
leum Institute, for Federal aid in
curbing excess production.
Everybody connected with the oil
industry admits production is entirely
beyond the range Of consumptive de-
mand at present. This has been ad-
mitted for months. even before the
output reached its present record
breaking proportions. But continued
efforts to effect curtaiiment have
failed. Many oil men declare the
Government is equally powerless and
that curtailment is a matter entirely
of individual action on the part u
producers.
Evening star., 1927-05-12
GALILEO
l564-l642

IF 0ne-pound cannon
ball falls from q
~ height to the ground
in ten seconds, a ten
pound .cannon-ball must
surely fall the same dis
tance in one second. So
reasoned the savants Of
the Middle Ages.
One day in 1890 we
find our bold Calico Gal
ilei investigating. After
Juggling e heavy cannon
ball and . light one to
the top of the Leaning
Tower Of Pisa, he dropped
them over the edge. Lo
and behold! They reach
ed the ground at .practi-
eally the same time.
~ @
Investigation usually
discloses the true color of
things. Especially is this
true of investments. The
First Mortgage Notes Of
fered by Swartzell. Rheem
& Hensey Company are
backed by a record Of
fifty-eight years without
loss to an investor and
can stand any scrutiny
however searching.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1927-01-12
Did You "Junk"
Your Old Car?

Owners of automobiles that have
been disHantled, destroyed, stolen or
ssn cut of the state, will save lot
Af trouble for themselves, for the
Secretary of State and for the coun-
ty clerk of court and sheriff, if they
win report this fact to the Seere-
tary of State at once.
The state law requires that when
Q person disposes of q car, notice of
tie date and manner of termination
$nd ownership shall be given to the
Secretary Of State forthwith" But
to aAsse who neglected or did not
kusw Of this provision, the safest
Adv5ee IS the sooner the better.
HANKS are furnished for this pur-
.I4Se. In case a car has been sold
within the state and the transfer has
net bean reported in three days, the
fenalfy will fall on the new owner.
and b will have to pay from rs cents
to us In addition to his 1927 regis
tration fee. But where a car regis
tered IN 1926, is not registered before
July ], 1927, and is not reported
'.tpnked," the Secretary of State will
certify this fact and the name of the
sX6Ar Of record to the clerk of court
If the owner has dismantled OF lost
kis ear or sold it out of the state, he
wfn have ten days to make affidavit
q this fact to the court, and viii
1eve y lot moro Inconvenience than Il
b had ferortsd the disposition Of tn
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1927-01-12
Harvester Company to Load
First Barges in Spring

car to the Secretary of State in the
first place.
If the "owner of record" fails to
satisfy the clerk Of court that he has
disposed of the machine, a warrant
will be issued and there will be adj
ditional fees to pay, and the sheriff S
duty is to proceed to collect the de-
linquent tax and penalties, or failing
to do so, to attach and sell the ma
chine or other chattels II necessary.
Secretary Of State Mike Holm had
80, 900 cars registered in 1895 on
which he had no registeration and nc
report before July /, 1895. OF these
only about $4,000 were delinquent in
fact, but the failure Of the owners tt
report the disposition Of the othel
81 900 made lot Of extra expense
to the state and lot Of trouble t.
the owners.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1927-01-12
LINCOLN CLUB
BACKS UP BILL
FOR PARTY BASIS
PARTY DESIGNATION FOR LEG
IsLATORs FELT TO BE CONsIs-
TENT WITH BASIS ON WHICH
GOVERNOR is ELECTED.

Election of all members of the Leg
islature as well as the Governor on q
strictly party basis is forecast by a
careful canvas made 0f the incoming
legislature by the lincoln clubs of
Minnesota. A statement to this effect
was made Monday BY Herbert T.
Park, president, and a tentative bill
which is to be introduced at the com.
ing session also was made public.
Sixty-five per cent Of the members
of the Legislature who were asked
their opinion on this subject in sur
vey by the Lincoln clubs agreed that
the present primary bill should be SC
amended as to permit the Legislature
to be nominated and elected on party
lines, as is the Governor, Mr.. Park
said.
But it was strongly pointed out that
no other changes, which would impair
the general principle of the primary
system would be made in the primary
laws. By SO doing organization of
"blocs" for the furtherance of special
privileges would be avoided, accord
ing to Mr.. Park, and stronger re-
sponsibility would be developed.
Nothing should be done that would
destroy the principle of the primary
Mr.. Park said. "But we do believe it
is inconsistent to have a Governor
elected on a party basis and the Leg
islature selected on a non-party basis.
eve are confident the voters of
Minnesota want party designation for
the Legislature and that unless the
subject is presented to the Legislature
in a complicated and muddled form,
the Legislature will readily adopt a
plan to return the Legislature to a
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1927-01-12

grandchildren in the Mackinac dis
aster last August, returned check
fer five hundred dollars to the Red
Cross, saying, "Others need it more
than l."
A patrelman making his rounds on
the East Side in New York warned
two men who were arguing in loud
tons on street corner Late at night.
When he returned they were still
shouting at each other, so he locked
them both up. The next morning they
we're arraigned for disorderly con-
duct, the case was continued and bail
fixed at twenty-five dollars. The day
before had been rent day and one of
the men had no money. If he stayed
away from work he would lose his job
and his seven children would go hun
cry. The officer sadly shook his
head. reached into his own pocket and
gave the clerk the twenty-five dollars
to release the prisoner.
Through it's corps of public health
nurses the American Red Cross is
fighting to keep your community
healthy. It's your fight, too. Join
today.
The American Red Cross has be-
come an intimate part of our daily
life. To it the people turn instinct.
lively and confidently when disasters
occur. Join!
In its many services to suffering
humanity the Red Cross is able to act
in the name Of the people because il
is supported by individual member
ships.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1927-01-12

ensees by the state banking depart
ment, and will authorize other exam
nations at any time.
Will require lenders to keep all ac-
counts in manner prescribed by the
banking department.
Will permit maximum of three and
one-half per cent interest per month
on unpaid balances of loans. Will
prohibit all fees, compromising, or ex-
traS.
Will require lender to give to bor-
rover, in English, at the time the
loan is made, statement of terms of
the loan, including maturity date, Sc
curity, interest rate, amount of loan,
etc. Plain and complete receipt for
all payments.
Will permit borrower to pay loan
at any time prior to maturity with
interest only for actual number OF
days held.
Will require lender to return all
pledges and papers after repayment
of loans.
Will forbid pretended purchases
and the taking of confessions of judg
ment, powers of attorney, and notes
in blank.
Will require buyers Of wage claim.
-"salary buyers"-to be licensed.
Will require entire amount of loal
secured by salaries and wages to b.
paid to borrower when assignment i!
executed.
Will require signature of spouse tt
a salary or wage assignment, in cas'
borrower is married.
Will make violation a gross mis-
demeanor, punishable by fine of $500
or less or Imprisonment of six month:
or less.
Will exempt from provisions of act
those types of business regulated by
specific laws, such as banks, trust
companies, building and loan associa
tions, pawnbrokers, etc.
The prime purpose of the proposed
legislation is to put the "loan sharks
out of business. The suggestion is
meeting with considerable favor from
those who will make up the law-mak.
ing body.-Mankato Free Press.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1927-01-12
JUDGE SUMMERVILLE AND
WIFE ON WORLD TOUR

Judge and Mrs. George w. Som
merville left Los Angeles, Calf, Dec
ember 18th for the East, where they
will visit their daughter and son-in-
law, Mr.. and Mrs. Winthrop H.
Smith, in New York City. until Jan
Iuary, when they sail on the S. S.
Resolute.
Judge Sommerville also will run
down to Washington, d. c., for sew
eral days. visit with his oldtime
friend, Secretary of State Frank Kel-
logg, who has given the Sommeryilles
letters to many diplomatic and con-
sular friends who make their visit
and trip most delightful and
eventful one.
They are taking the Mediterranean
trip, not touching Continental Europe
at all, stopping first at Madeira, then
on to the Holy Lands, Egypt and on
to India, Java, Sumatra and Ceyion.
later visiting in the Orient, China, ia
pan, the Philippines. Then to Homo
lulu, touching at San Francisco and
down to Los Angeles Harbor, arriv-
ing home about the middle Of next
May.
Mr.. Sommerville was resident of
Brown County for many years and
practiced law in Sleepy Eye. He held
the office of county attorney from
1885 to 1890 and was state sena-
tor from 1899 to 1906. His legal tall
ents were recognized far beyond the
borders of the county.-Brown Cou-
fv Inurnal
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1927-01-12
PROPOSED LOAN LAW

The uniform small loan law propos-
ed for Minnesota will require all per-
sons in the business of lending sums
under $500 at more than eight per
cent to be licensed by and bonded to
the state, and will authorize revoca-
ton of licenses for violations. After
revocation further license may not be
issued to former licensee, spouse,
partner, or any corporation of which
former licensee is a member. License
fee, 800.
Will require annual examination of
the small loan business of such lie
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1927-01-12

party basis. For this reason We have
drafted a form of bill which VIII be
presented at the opening Of the next
Legislative session substantially IN
form of the attached bill. From this
bill it will be seen that the exact lam
guage Of the present law is used ex-
cept that the words land all menu
bers Of the State Legislature" are
stricken out by the amendment, thus
leaving the membership of the Legis-
lature to be elected as the Governor
is, on a party basis"
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1927-01-12
READ THE KIND NEWS

If you see only the sordid, usly
and mean in mankind, it shows that
you dc not know how to look.
The papers are full of kindly news,
if you but train your eyes to catch
it.
Amid the raucous blaring of the
crimes Of the degenerate few, there
can always be found the soft notes
that speak of the great mass of COM
mon, everyday, homely, honest folk,
who make up the worthwhile part
Of humanity.
Here are few such notes taken a
random from the news:
A New York scrub woman, while
her husband was serving a term in
Jail for non-support, was working for
ten dollars week to support her two
children. The rent was overdue and
they faced eviction. In the hallway
where she scrubbed she found q pock-
etbook with a hundred dollars in it.
In spite of her great need she turned
it over to her employer saying: "It's
better to be honest"
The town of Newent, in southern
England, is known as "the Dafodil
Village" It's inhabitants each year
sell tons Of flowers In London. Re-
Gently they set aside day and gath
cred five thousand punches to send
free to the thirty hospitals there.
The railway company also transported
them without charge.
On a busy corner in New York a
traffic officer held up traffic for q
minute while he rescued a young
bird that had fluttered from q nest
to the pavement, but was unable to
fly.
In Providence, Rhode Island, man
WHO had lost his wife and three