davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
New Bond Issues

NEW YORK. June 81 Especially
G. T.. Ohrstrom & Co. viii offer in
the near future a new issue of S10.-
600 900 Federal Water Service Cor
poratien convertible 512 per cent gold
debentures maturing July !, 1857, to
finance the redemption of $4,000, 900
of per cent convertible debentures
series "A" due September /, 1896, that
have been called for redemption Sep
TENDER l at 10 and accrued interest.
The balance of the funds provided by
the new issue will be used to acquire
properties under contract of purchase
and for other corporate purposes.
A new issue of s4,0O0,o0o Hacken.
sack Water Co. general and refund
ing mortgage per cent gold bonds,
series "a" due June Is, 1877, and paid
at 962s TO yield over $50 per cent, is
being marketed by White, Weld & Co.
and Kean, Taylor & Co.
An additional issue of $500 900
Minnesota Power & Light Co. first
and refunding per cent mortgage
gold bonds, due June l. 1865, is being
offered today by Harris Forbes & Co..
Tucker Anthony & Co., Bonbright &
Co. and Coffin & Burr at 1914, TO yield
over 5 per cent.
Offering is expected in the near flu
ture by a syndicate headed by the
Chase Securities Corporation, of an
issue of $50 100000 Utilities Power 6
Light 515 20-year debentures. The
proceeds of this financing will be used
in connection with the purchase OF
other properties. including the con
trolling interest in Laclede Gas & Elec
soIa les T
Light Co.
p. LorilIard Co. has arranged to sol
SIS, 900, 900 debentures to Guaranty
Co. of New York to finance a new
brand of cigarettes.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
SUPPORT IS GOOD
IN CURB DEALINGS
Speculative Enthusiasm Un-
checked by Gain in Brokers'
Loans Today.
BY WILLIAM r. HEFFERNAN.


NEW YORK, June 21.-The Curb
Market showed today that it will take
more than an increase in brokers'
loans to check speculative enthusiasm
at the current price level. The mar
ket opened under pressure, but, judg-
ing from the action of the main body
of stock later in the day, it was a
question of how much of the EARLY
selling represented real liquidation and
how much of it was due to short sell
ing.
Although lower prices were the rule
for the oil shares, the declines were
comparatively small, Notwithstanding
the further increase reported IN DO
nestle crude oil output during the
week ended June IS and the new peak
production in the Seminole field on
June 10. Prairie Pipe Line, after los
ing almost two points, recovered most
of the decline. Buckeye Pipe and
Indiana Pipe were practically UNI
changed. Offerings of Ohio Oil, Inter
national Petroleum and Vacuum were
readily absorbed. while most indie
pendent issues received good support.
Whether the market for New Jer-
sey Zinc was helped by the figures on
world production put out by the
American Bureau of Metal Statistics
today was Il question. AT 182. how
ever, tho price compared with yes
terday's final of 17S. while most other
mining issues were lower. Newmont
Mines, at II, compared with the
previous final Of 1919, despite the an
nouncement that directors had de-
clared a dividend of 81 n share. Low
priced issues. like Parmac. Ohio Cop
per and Falcon, were under pressure.
A new high record was reached by
Fulton Sylphon, demand being based
on prospects of greatly increased earn
ing, which broke the price 21a points,
year Tire was subjected to heavy sell
ing which broke the price 212 points,
but the market later rallied sharply.
The recent buying of public utili-
ties appeared to have weakened the
technical position of the stocks, and
protit-taking made itself felt in such
issues as Electric Bond and Share.
United Light and Power class A and
Consolidated Gas of Baltimore.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
Washington Stock Exchange

SALES
Chesapeake & Potomac Tel 5s-S3 900 at
Washington Gas IS "B,,'-S1oo. at 1o3a4
Capital Traction Col at 1O41 10 at
1otih. 10 at 1o4ss 10 at 104 "a 5 at
Potomac = ;l1 tTt nfd. 51bs-1o Mt 1o1 y
10 at lol =, 80 at 1o12, 90 at 101 g..
"a Federal-American National Bank at
1873 Il 10 at 1873
FederalAmerican Co comic at 81
Lanston Mopotype--5 at 100.
AFTER CALL
400
Washington Gas Light-1O at 75ss
Washington Gas 5&-S2 500 at lO2
.. P,o do Electric pfd, SIS at 1883 6
CAPITAL Traction Coo at 1o4T
=. Wasshinseton Rwy e Electric 4s-S4 900
q, Washington Rwy. & Electric pfd.--1O at
Potomac Electric pfd. $3.50 at 101 u .
Money-Call loans and per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
KANSAS WHEAT POPULAR
IN EVERY SECTION OF u. S.
State Now Harvesting 1875, 100000
Bushels Possessing High Protein
Content, Giving it Value.
By the Associated Press.


TOPEKA, Kans.. June 21.-A few
grains of the 125 million or more
bushels of wheat now being harvested
in Kansas will enter nearly every
loaf of bread to be baked in the
United States during the next year.
Kansas wheat, because of it's high
protein, is demanded by millers in
all parts of the country for mixing
with flour made from the softer wheat
grown in other climes.
The SunfiOWer State enjoys a eli
matte advantage that is conducive to
production of wheat with q high per-
centage of protein. South of Kansas
the growing season is too warm to
give this advantage. while north of
Kansas the Winters are so short
that Spring wheat, containing less
protein than Winter wheat, alone
can be raised. The Winter wheat
belt" is thus situated principally be-
tween the southern and northern
borders of Kansas. which are 200
miles apart. 1t extends eastward so
as to include more than two-thirds of
the State. which is 400 miles long
from east to west borders.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
FLEECE WOODS FIRMER.

BOSTON, June Il (SpeciaD.-Freer
movement Of Ohio fleece woods is the
only feature of the Boston wool mar
ket, the activity following indications
of firmer prices paid to growers. Ohio
grade combings fieeces We're quoted
today at Haas, grease basis for fine
delaine with half blood at A, three
Fights blood at 43a44 and quarter
blood at 41a42. Fine territory was
quoted at 1.05a1.10 clean basis, French
combing at 1.00a1.05, half blood at
95a1.00. three-eights blood at S5a9O
and quarter blood at 78a80.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
Money to Loan

Secured By first deed OF trust on rear estats
Prevailing interest and comn1tssinn
Joseph |. Weller e asS wa" s:S 4 wv wv
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
Markets at a Glance

NEW YORK P).-Stocks Irregular:
Baldwin touches 229; record figure.
Bonds quiet; American T. & T.. As
active. Foreign exchanges steady;
Japanese yen cross AZ cents. Cotton
lower; commission house liquidation.
Sugar easy; lower spot market. COT
fee higher: trade buying.
CHICAGO.-Wheat steady: too
much rain. Corn higher, -unfavorable
weather. Cattle steady to higher.
Hogs firm.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
BUTTER UNSETTLED.

NEW YORK, June 81 CP.-Butter
unsettled, receipts, 20,304 cases.
Creamery extra (92 scorel. 41Aa42.
Eggs-firm; receipts, 1851 cases.
Fresh gathered. seconds, 22a221a
nearby hennery whites. closely select
ed extras, 33a35; nearby and nearby
western hennery whites, firsts to aver
age extras, 252a32; Pacific coast
whites, first to extra firsts, 29a31.
Cheese, steady; receipts, $50 cases;
9.3S.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
POTATO MARKET WEAK.

CHICAGO, June 81 (P.-Potatoes-
Receipts, new, 81 cars; old, five cars;
on track, new. 20S cars: old, II cars:
total United States shipments, new,
512 cars: old, % cars; Canada, cars;
new stock trading fair; market weak;
oklahoma Arkansas sacked Bliss
Triumphs, 3.90a4.25; poor, $50 and up;
North Carolina Darrell Irish Cobblers,
5.75a6.00; Virginia barrel Irish Cob
blers. 6.00a6.25. No sales reported on
old stock
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
INSURANCE EXTRA.

NEW YORK, June q OP).-Trav-
elerS' Insurance Co. of Hartford.
Conn, declared an extra dividend of
81 a share and the regular quarterly
of 81. Directors voted to Increase
capital by 100000 and surplus by
81 600 600.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
NICKEL PLATE SURPLUS.

NEW YORK. June 81 R).-The
New York, Chicago and ST. Louis
nickel Plate) reports surplus of $780,
SCI for May after charges. against
1875, 055 in May last year. Gross rev.
enues were slightly lower, $4,607, 704,
against s4,650,763. Surplus for the
five months this year was $o,S61, 1895,
in contrast to ss.935.7e2 a year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
Foreign Issue Heavy.


There was also heavy tone in most
of the French. Belgian. Italian and
German issues. Cables from Berlin
today stated that approximately
$100, 900 900 of new German loans
would be placed in the American mar
ket this Summer.
The fluctuations in industrial bonds
were larger than usual. White Sew
ing Machine convertible 6s opened ia
lower and then moved up rapidly with
the stock. WalWorth Co. IS, which
last week had a severe decline to the
lowest of the year, recovered , points.
Bethlehem Steel 5l2s sold under par
after touching 1924 some months
ago. Armour 5i2s. Dodge 6s, Rubber
SIS and us exhibited a heavy tenden-
cy. International Telephone 513s
opened off q, then rallied and later
lost their Improvement.
The announcement of a new issue
of SIS 900 900 of Lorillard debenture
SIS had little effect on the old 5s due
1851, which have been quoted Tor
some time about 97l2.
In the local traction group the
liquidation in Brooklyn Manhattan 6s
was the outstanding feature. These
bonds declined 81 and were points
below the price at which they sold
lust prior to the last new issue. The
marlborough 5, and per cent
bonds were steady. whereas Third
Avenue SIS were weak.
Speculative Rails Irregular.
The speculative rails were IRREGULAR.
Erie convertible DIS approximated last
weeks low figure, which was nearly Io
points under the high of the year. sea
board Air Line 6s have been quite active
the last few days at declining prices.
There was some efforts to draw atten-
ton to the Iowa Central & minneapolis
& ST. Louis As, both of which were
marked up on small transactions. Inc
Frisco incomes and adjustments I'M
proved a little. -,
In the highest grade rails little
firmer tendency was noted. Northern
Pacific 6s. which had an abrupt de-
cline Monday to Ill, compared with
116 two months ago. advanced 12S
points. The As, however, Wore off
*. and the old Canadian National
41as sold full point below the price
at which the new issue was brought
out United States Government issues
were quiet and but slightly changed.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
FOREIGN BOND LIST
CONTINUES HEAVY
lnduStriaIS and Rails of Do.
mestic Issues Irregular in
Today's Trading.
BY CHARLES +. SPEARE.

SpeCIdI DIspdICH 10 TIC oIdF
NEW YORK, June 2t.--Continued
heaviness IN a number of the lower
grade of foreign government bonds
today, and irregularity in industrials
and rails, were the features of a mar.
ket that was rather more active than
it has been recently.
The offerings in the foreign list
were small. but lacking support these
bonds declined by large fractions with
some of them selling at the lowest
for the year. This was true of Chile 6s,
German mortgage banks Is, Czecho-
slovak 7las with Toxic 5 15s within a
fraction of their lowest, Serbian SIS
off a to about 80 compared with
1.02&s early in the year. and Poland
SIS at the lowest on this movement
and 512 points under the years high
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star Once

Following is the list of bonds and
stocks traded in on the New York
Curb Market today:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
RuRRER ADVANCES.

NEW YORK. June q (Specian.-
Crude rubber. smoked ribbed sheets
advanced - ut today's noon quota
ton OF 3514. This compares WIN Al
a month ago and Al q year ago.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1927-02-28
BUYING FORCES
STOCKS UP

NEW YORK, Feb. .2S.-An ac-
cumulation OF weekend buying
orders for all classes of investment
and speculative stocks resulted in
sharp advances in prices in early
trading today.
Most of the market favorites Of
last week promptly resumed the
forward movement which was In
progress at Saturdays close. Hous-
ton Oil jumped an additional
points to 1101a; Wabash common
and preferred, Mack Trucks, Gen.
eraI Motors, Nash, American Can,
General Asphalt and Bush Term.
weeks markets, pushed ahead ag.
gressiyefy in a huge, volume Of
trading. Chrysler Motor, White,
WHY'S Overland and u. s. Rubber
sold up a point or more,
Saturdays $33, 597 $40 surplus re-
serves of the New York city clear
ing house hanks was ample evis
dence OF the strong position of
the banks to finance the March
settlements and the March Is In.
come tax payments. Call money re.
newals started at Az per cent,
against Fridays close at per cent.
Business and industrial reports
were generally favorable.
The Frisco.Rock Island combina.
ton, with Wabash common and
preferred, attracted most atten-
tion in the railroad list. Wabash
continued its spectacular run to
f51k, up 80 points on the move. in
the absence Of any definite news
affecting the earning power or
the merger prospects Of the prop.
erty. Wabash Is the mystery
stock" of the rail list, but some
light is expected on the subject in
a short time.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1927-02-28
MAKING BANKS
R0QkKEEPERs .
d R1CHARD HATTON

BY RICHARD HATTON
IN digging out hoarded'' money
6nd nobilizing it in the banks. where
81 n available for commerce and ~
dustry. American bankers have
offered inducements in the way of
facilities and services which are be-
coming extremely burdensome and
expensive.
n This b the opinion Of Gaylord s.
Morse, of the state Bank of Chi.
cage, former president of the Finan-
cial Advertisers Association.
The privilege of using bank
checks" Mrs. Morse declares, lis
being abused the nation over.
In the larger centers the cost is
offset to some extent by minimum
requirements on depositorss bal
ances.
For many years the banks have
been inviting everyone to pay bills
by check, to open an account with
q dollar. The idea has been to bring
hidden money into circulation Tor
the general benefit of the country,
also to educate people In the proper
use Of q bank and to promote
thrift.
For time this propag anda was
well worth its cost. However, It
soon reached the point where the
law Of diminishing returns began
70 operate.
But the bankers were fearful
that having invited this business
the communities might not under
stand any efforts that might be
made to correct the situation and
they have been forced to continue
their efforts along these lines.
AS a result many concerns and
individuals are using the banks
virtually to keep their books. They
are abusing the privileges accorded
the checkbook.
They are causing the banks con-
siderable expense and annoyance
by drawing small checks and by
sending checks to distant points,
requiring the bank to ship money
to these points at no cost what
ever to the guilty depositors.
zone type OF costly service has
piled on another until it has be-
come a burden that must be le-
moved. In the larger centers the
banks have been forced to put a
service charge on balances which
drop below a minimum figure. A
great many bankers in the smaller
cities also have adopted the service
charges and thousands of others
have it under consideration"
with the practical closing of
the shortest month of the year,
which has been made even shorter
by holidays. reports indicate a con-
tinuance of the recent trend to-
ward expansion of business" states
Don's Review of business condi-
tions in February. "Some lines,
such as leather and footwear, still
lag and their status is disapoint'
ing, but the major tendency is in
the direction Of increa sed activity.
The gains are, fors the most
part, moderate, yet Of wholesome
character, and the present move
ment is in contrast to that of
year ago, when there was a let
down in certain quarters where
an upturn Is in progress now.
The great steel industry, as a
result Of further enlargement of
demand from diversified sources,
is operating at a rate equal to last
years at this time, while some tex
tile branches are featured by a
more definite interest among buyers
in providing for spring require
mentS," y0. .z tE s.e8
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1927-02-28
TREASURY STATEMENT

The pdaily statement of the United
States Treasury shows:
Income to date this year, $2,351,.
292 ,844.99.
Income to date last year, S2,2s1,.
ISL ,112.4S.
Increase, $50 III, 1881.
Income over outgo this year, $685.
T35, S44.O0,
moons over outgo last year, s1O2,-
437.128.25. So
Balance general fund today, s172.,
SOS, 1858.
Increase, $685., 10000.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1927-02-28
cLEARING HOUSE REPORT

NEW YORK, Feb. &C. Clearing
house statement exchanges, $685.
900 900; balances. s112 100000; Fed
eraI Reserve banks credit balance,
sfO5, OO0. 900.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1927-02-28

Japanese Government shs ...... 1ofN
Lyons City OF (France) es....... s4k
MarseilleA City, France 6s..s.... esk
Montevido 7s ...,.....s..ss. 1904
Norway, Kingdom Sc 1853 $3.50. 101 y
Oriental Development 6s..4..... eI@
Prague, City OF ms .....s...s 1861
Paris-Lyuns-M Mediterranean IS 80. say
Rio De Janeiro Sc 194f. .s....... 104M
Seine. City OF Ia ...s.........s 1908
Scissors. City Of 6s.....s..ss -
Serbia, Kingdom OF Ss,........... 101%
swifzerland Gov eag...s...... 49,
Toxic. City Of IS ....4....,...... TN
The Coconino sun., 1927-09-02
Newspapers Best For
AdUs., Banker Says

Newspaper advertising was recon-
mended as the best method of telling
the public-most effective and econ
omical-in an address by A. A. AM
derson of Los Angeles, secretary of
the Pacific Coast Building-Loan asso-
citation, at the Pacific States Savings
and Loan conference at Portland, Ore.
Urging that the building loan asso-
Citations of the United Sttaes should
have a fund Of at least one million
dollars to carry on a consistent, ma
tion-wide advertising campaign, Mr..
Anderson told Of the results obtained
by a six months cooperative campaign
by the building-loan associations of
southern California at a monthly cost
Of 5000 the larger portion of which
was for newspaper space.
According to data compiled from
the state commissioners reports" said
Anderson, "the building-loan associa-
tions in Los Angeles, where most of
the advertising was done, showed an
increase in assets during the first six
months of the cooperative advertising
campaign of $10,948,887, or an SO per
cent Increase over the increase for the
six months Immediately preceding the
campaign.
"All advertising mediums are valu-
able," he said, ''but the one medium
The Coconino sun., 1927-09-02

sammy" official mascot Of the
Dollar Round-the-World liner Presi-
dent Adams and self-appointed pro,
tector of the vessels master. Capt. w
A. Ross, has started from San Fran
cisco on his second circumnavigation
Of the globe with his port foreleg en-
cased in splints as the result of a
playful G5-foot dive down the ships
hold at New York. Sammy had just
had the splints removed from his star
board hind leg following the recovery
of the member after a speeding rick
shaw had fractured it at Kobe. Our
picture shows him with Captain Ross
The Coconino sun., 1927-09-02
Nearby and Yonder
By T. T. NANCY


81 = The Presidents Church
CT. JOHNS Episcopal church, across
- Lafayette square from the White
House in Washington, built as a con
venience and to split the difference
between Old. st. Johns in Georgetown
(West Washington and old Christ
church in the southeastern part of
town, in the early days when the ques-
ton of transportation was a problem,
gradually became the house of wor-
ship Of Presidents and, as a conse-
quence, to be known as the Presidents
church.
This quaint and dignified structure,
which is numbered among the Oldest
relics of its class within the present
city, dates from 1913. Obviously, its
historical associations are many.
Originally constructed in the form
of a simple Greek cross, its convent
ent location so popularized it that it
was enlarged to the form of Latin
cross, portico fronted by six plain
columns and three-story steeple add
ed, and special pew set aside for the
President.
Presidents Madison, Monroe, Adams,
Jackson, Van Buren,, Harrison, Tyler,
Fillmore, Buchanan, Arthur and
Roosevelt are said to have worshiDed
here.
Many persons Of prominence in
world affairs have been married in
or buried from this church. The re-
mains of Rev. William Hawley who
was its rector for twenty-eight years,
lie beneath the chancel.
Among it's cherished possessions is
a ten-thousand-dollar communion chal-
ice of solid gold set with diamonds,
made from the jewelry of a member
who willed it to the church.
GO. 1927, Western Newspaper Union.)
The Coconino sun., 1927-09-02

The first thing the Scotch teach
their children is to learn to catch rub
Der balls on the first bounce.
The Coconino sun., 1927-09-02
CHICAGO MOVIE WAR
HAS SERIOUS ASPECT

The Chicago movie theater lockout
on it's third day spread to additional
picture houses as machine operators
prepared to seek an injunction against
distributors who refuse to supply
films.
A fifteen cent house, the only one
that has been open in the downtown
district, and two chains of neighbor-
hood theaters operating the first two
days Of the lockout, were dark yester-
day.
C. G. Pettiiohn, general counsel fol
the film exhibitors and producers or
ganization, Of which VIII Hays is the
head, said the situation appeared seri-
Gus, andshe hoped to prevent the Chi
cago Film Board of Trade from max
ing any mistakes" The film boarC
stopped distribution.
The Coconino sun., 1927-09-02

William Sigmund was indulging in
The popular pastime of roasting
France. Tier attitude on the was
debt reminds me Of Bridget, he said.
I'm leaving today said Bridget
idignantly to her mistress.
Why what in the world is the
matter? You've been here only a
week.
"'It's your deceit, mum. Yester-
day you gave me the keys to the cup
boards and the trunks and your jew
Ell case, and there's not one of them
that fits what you said they fitted "
The Coconino sun., 1927-09-02
Retort Courteous

Captain Jones was giving a lecture
to the recruits in his company as to
their department in public. IF q ci-
william Should make offensive re-
marks" he said, "and try to induce a
quarrel in public house, a well-con-
Quoted soldier should drink up his
The Coconino sun., 1927-09-02

beer and go away a. II
At the close of MS a.. lress, the
captain questioned his q lience to
see if his remarks hn0 gone home.
"Now Private Jenkas at would
you do if you were in n inn and a
citizen tried to quarrel s th you -
81 would drink up is + r, T, and
look it."
The Coconino sun., 1927-09-02

Johnny, stop poling little Ed
wardl"
q amt pokin' him, Ma, I'm count
in his measles"
The Coconino sun., 1927-09-02

He was Chicago gunman; so he
always shot below par.
The Coconino sun., 1927-09-02

Getting a baby to sleep is hardest
when she is about is.
The Coconino sun., 1927-09-02

which reaches all classes Of people and
brings the greatest results for the
amount expended is the newspaper.
The Coconino sun., 1927-09-02

Student lin candy store); ] want
some kisses.
Flapper Clerk: What do you think
this is, a sorority house?
The Coconino sun., 1927-09-02
1872 PIPE RETAINS
ITS TOBACCO SMELL

A pipe estimated to be lis years old
and still retaining a strong tobacco
odor is owned by Joe Oehrlein of
Slaton, Tex.
Oehrlein found the pipe 10 years
ago under vacant house. Near it
were found four bottles containing
opium or morphine. The pipe is made
of meerschaum, and Oehrlein has been
offered as much as $50 for it.
The bowl is decorated with carvings
of a horse leaping over a fallen tree,
and an Indian wigwam. The date
1872" appears on the bottom of the
bowl.