davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-03-14
LARGE TURNOVER
IN U. S. SECURITIES
Bond Trading Quiet, With
Libertys and Treasury
Aids and 4S Favored.
BY GEORGE T. HUGHES.

NEW YORK, March 14.--Trading
in bonds went on very quietly today.
Most of the important changes were
on the side of advance. but interest
was limited to a comparatively few
issues. United States Government
bonds having absorbed the profit TAX
ing which came into the market late
last week began to creep forward
again, but buying was not as en-
thusiastic as just after announcement
of the Governments refunding plans.
There was an especially large turn
over in the fourth Az Liberties and
among the Treasures and Ans and
the As were favored. High-grade rail
roads were dull, although West Shore
As duplicated the high of the year.
Norfolk and Southern Rail Up.
The feature of the higher yielding
railway bonds was Norfolk and South
ern refunding 5s of 1861. which made
a new high for both 1926 and 1927
as they crossed SO. Although sub
ject to tho prior lien of the first SO of
| 1941 recent improvement in earnings
has raised their investment status.
The strength in the stock doubtless
helped the bonds. Erie convertible
d As opened down fractionally. but
| later rallied. Most of the Erie issues
were q shade higher.
Crown Cork and Seal 6s in the in
| dustrial list, touched par for the first
| time this year continuing their ad-
vance of two points last week. Con-
vertible issues were irregular. Liquid
| Carbonic IS sold down on predictions
that earnings would not come up To
] expectations for the second half of
| the fiscal year. There was no I'M
| provement in the oil group which con-
tinued to reflect the price cutting
| news.
| Foreign Bonds Firm.
| Foreign bonds were all firm. More
| interest was taken in French railroad
| obligations. Italians Is were in dc.
mand above 90 and Italian Public Util-
i ties Is improved in sympathy.
| There was another advance OF
point or more in the Fiat rs with war.
rants putting them up to new high
/ for the year. Poland IS held their
| gain of last week.
| banking group, made up OF
! Taylor. Ewart & Co, Inc: Continen-
! tai & Commercial Co., HalSey Stuart
& Co.. Inc, and the Union Trust Co.
of Pittsburgh. has purchased SIS, 0OO,-
| 900 Sicily Oil Co. 12-year sinking
fund 512 per cent debentures, which
will probably be offered this week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-03-14
FIRE INSURANCE
TITLE INSURANCE
MISCELLANEOUS
STEEL PRODUCTION spEEDED.

NEW YORK. March IA H9.-
Youngstown dispatches to the finan.
cial district say steel companies are
speeding up production In anticlpa-
ton of coal strike, 10 out OF l27
sheet mills in the district now being
in operation. OF So independent open
hearth furnaces IA are operating
Some consumers arc exerting pressure
for delivery, II is said. in belief that
transportation may be retarded.
Prices are sflrner. but mills are said
to have extensive untitled tonnases
booked at low prices.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-03-14
PRICE MOVEMENTS
ARE |NDEC|S|VE
Operations for Rise Not Car
ried on AggressiveIy-Mar-
ket Situation About Normal.
hpeolal plspateh 70 The SCAR.

=
4 NEW YORK, March 14.-Operations
FOR the rise in the Stock Market were
not carried on as aggressively today
as they had been at times last week.
aThe movement of prices throughout
the greater part of the session was
indecisive. There were intervals
when many of the recent favorites
were feeling the effect of profit taking,
although there was nothing in the
trade news over the week end to JUS
tify a change in sentiment with the
exception of the latest developments
affecting the oil industry.
Oil Shares Not Pressed.
Wall Street did not like the rather
general reductions announced in
crude oil price schedules, which were
nothing more than a natural sequel
TO the tremendous outflow of produc-
ton during recent months. The oil
shares were not pressed for sale hut
were freely offered whenever bids
came into the market. Lower prices
were reached by Barnsdall. Pan-Amer.
lean, Phillips Petroleum, selling ex
the quarterly dividend, Sicily Oil,
which was down more than a point
and numerous others of the lower.
priced members of the group.
The short interest in the motor
stocks helped to sustain prices in this
quarter. Hudson, after early offerings
had been completed, rebounded to a
point above the Saturday final. Cen
eral Motors was readily responsive to
a continued demand and was carried
TO a new high for the year. The per-
sistent strength of this leader encour-
aged covering operations in others OF
the group, notably Mack Trucks,
which was selling some points
higher on the day. Du Pont went for
ward to new high ground when 1t
changed hands at 200.
Little Done i'm Steel.
While this was in progress the mar
ket for Steel stocks was doing little.
Official publication of the highly fav-
orable 1926 report of the United States
Steel Corporation showing actual
earning of almost SlS a share on the
common was in line with the last
quarterly statement. Steel common
was selling above 100 most of the SEES
sion, where it was up fractlonally.
Republic Steel felt the effect of realiz-
ing sales following the recent sharp
upturn, while Youngstown, ex the
n,Iarterlv dividend, retraced the
amount deducted from the selling
price,
St. Louis Southwestern assumed the
leadership in the railway section, sell
ing at its highest prices on record.
There was nothing not already known
10 account for it's strength. In many
quarters the opinion was that because
of the strong financial condition OF
the road Inauguration. of common
dividends could be looked for.
High grade, dividend-paying issues,
like Atchison. Were lower for time,
but firmed up in the later dealing.
New Orleans, Texas and Mexico es-
fabilshed a new top at 1S9, but the
buying was not as persistent as it
had been recently. Gulf, Mobile and
Northern was held in check by profit
taking.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-03-14
Bid and Asked Prices.
BONDS.
PUBLIC UTILITY

American Tel & TeIga. As. gs% ggis
Amer. Tel & Telga 4Bs 0Sb loo
Am Tel & Tel ctI tr 5s. In31S 1O4
Anacostia & Pot. r II 5s a5A -
Ana. & Pot guar. 5s........ 95A
c. & 2 Telephone 5s 1O0&1
c. & p. Tel of Va 5s..... 1Ol
City 8 Suburban, 5s.s.. -. "a OAK
Georgetown Gas LIST 5s. $50. 100 49,
Potomac Elec. LIST 5s..... 1OOh $500
Potomac Flee cons. 6s. 1O1 lOi H.
Potomac Elee 81 1053. 1917
Pot. Ell Pow FL & rid Is, 1O5
Wash. Alex. & Mt. " 5s.. 10
Wash. Alex. Mt v. eff.
Wash. Bait & Annap. 5s 20
Washington Gas 80 . -. 1O01k IOl
Wash. Gas is series A.. 1O4 lO4 u
Wash Gas 6s series B - l04I1 IO5
Wash Rwy. e EIec As S4Ss Nal
Wash. Rwy. & Elec- gen. 6s 1O3h 1O4
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-03-14
LOCAL BOND CLUB HEARS TALK
ON TAXATION AND INVESTMENTS
T. w. Page Speaker at Today's Monthly
Meeting-Bank Stock Climbs-Other
Financial Notes.
BY EDWARD c. STONE.

Thomas Walker Page. chairman of
the council of the Institute of Eco
nomics, 26 Jackson place, gave an
address on "Tax Reform" at the
monthly meeting and luncheon of the
Washington Bond Club this noon at
the METROPOLITAN Club. DIR. Page is
an authority on taxation and in his
remarks pointed out the advantages
of the income tax over an intangible
tax, mentioning phases of the sub
ject which are of special Importance
TO holders of bonds and other Sc
curities.
About 30 members of the club were
present and several prominent Gov
eminent officials and other Washing
tonians were guests. The club is en-
joying steady growth, the new mem
bers recently added to the roster
being William Montgomery, president
of the Acacia Mutual Life Associa.
tion. and +. Percival Wilson. secre-
tary of the National Savings & Trust
Co Charles Carroll Morgan, presi.
dent of the club. was in charge of to-
days session.
Bank Declares ~ % Dividend.
The directors of the United States
Savings Bank have just declared the
regular quarterly 7h per cent divi-
dend, payable on March 81 to stock
holders of record on March 20, This
bank now has a capital of 100000,
surplus of S150000. undivided profits
of about $4,000 and total resources
of nearly 100000. The officers are
Wade H. Cooper. president; William
d. Barry, vice president; Wilbur Fl.
Zepp. vice president, William r. De
Lashmutt. vice president and cashier.
and John r. Cook. assistant cashier.
The stock of the United States Saw
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-03-14
BUTTER STATIONARY.

CHICAGO. March Ia Cp).--Butter-
Unchanged: receipts. 10000 tubs;
creamery extras 49%: standards. 49is:
extra t:rsts. 49a49;I; firsts. 4sa4sh;
seconds. 47ai71s.
Eggs-Unchanged: receipts. Al 512J
cases: firsts. 24a24H: ordinary flIsts,t
22H; storagc-packcd extras, 261s;
storagc-packed frsts. .6.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-03-14

Barber & Ross 6Bs gSL gS.
Chestnut Farms Dairy Gas. 1O31a 1O4
Chevy Chase. .... IO1 loo
Chevy Chase Club 5 iSs....... iGIA i05
D. c. Paper Co Mfg 6s 90
Pot, Joint Stock La Blk. 5s.. 10f -.
Wash. Mkt Cold Storage S. n4 800
Wardman Park Hotel SIS o. %
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-03-14

HOUSTON, Tex, March IA GR.-
Besides meeting the Magnolia Petro-
leum Co.'S cut of last Saturday in Mid
continent crude oil. the HUMBLE Oil
q refining Co. today posted 10.cent
price cuts in five other instances. The
new prices range from 10 cents to
$1.37 a barrel, according to the oils
gravity.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-03-14
Washington Stock EXCHANGE

SALES.
Union Trust Colo at o65
Fedefai-A American Co COMP at 80.
l3%
AFTER CALL 4
Wash. Rwv. & Elecs COMIC at 2I2
Capital Traction Co lis at 1904
Washington Gas Light-I0 at TN
Wash. Rwy & Elec 4s--Sl 900 at S4L
Washington Gas 5s---S1 600 at 1OOIh
Commercial National Bank--10 at $50
Money-Call loans and per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-03-14
BAR SILVER PRICES.

/ NEW YORK, March IA 1p).-Bar
silver. 54k: Mexican dollars. A.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-03-14
National Thrift Growing Rapidly.
Insurance Luncheon Tomorrow.

The members of the District of
Columbia Life Underwriters Assoc
citation expect a large attendance at
the March meeting which takes place
tomorrow noon at the Raleigh. The
speaker Is to be M. Albert Linton,
vice president of the Provident
Mutual of Philadelphia. George B.
Farquhar will preside, and 16 appli-
cations for membership will be voted
upon.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-03-14
" YORK BONDS
Received by Private Wire Direct to The Star Once.

~ This table carries quotations
received up to 3:15 pm. A COM
pIete table will be published in
the $50 Edition.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-03-14
FISHERS PRICE INDEX.

NEW HAVEN. March IA tSpeciaD
Prices based on Duns quotations
l4l.4.; purchasing power, 70.7.: crumps,
1864,
The Republican. [volume] (Oakland, Md.) 1877-current, 1927-11-03

spends his winters in the Soldiers
home at Washington, D. c., and the
summer months at summer resort on
the Lincoln Highway, at Caledonia
Park.
Christian Lichty, the only Civil War
veteran of the town, celebrated his
Goth birthday anniversary last week.
Mr.. Lichty is still in good health and
able to walk up town each day.
William Winterberg spent the week
end with his son Samuel at College
Park, where he is a student of the
University of Maryland.
Mrs. T. D. Mauer, of Chicago, is
visiting her mother, Mrs. Fife Par
mer, and sister, Mrs. A. C.. Stanton.
Frank Beachy and Miss Ada Pike,
of Kingwood, W. Va, visited Mr.. and
Mrs. Marshall Beachy on Sunday.
Miss Ruth Schmidt returned to her
home in Baltimore last week, after
spending the summer here at the
Casselman Hotel.
Mr.. Abram Levinson, of Uniontown,
Pa, is a guest of the Victoria Hotel
for several weeks.
Mr.. and Mrs. C. H. Bill accompan-
led Mr.. and Mrs. William Petry, of
Salisbury, Pa, to Terra Alta, W. Va,
last Sunday where they visited Mr..
and Mrs. Charles Zeller, friends of the
Bills.
Miss Grace Hooper visited Miss
Kate Bannatyne at the Castleman
Hotel over the weekend. Miss Hooper
is employed by the Silver Burdett
Publishing company of New York and
is in the county in the interest of pub
lie school music.
Miss Harriet Stanton is spending a
vacation at home, having returned
from Wilmington, N. c., with her par
ents who visited her there last week.
Drank Bills, of Homecoming, spent
several days last week with his BROTH
er, C. H. Bills.
Floyd Miller, of Washington, D. c.,
spent Sunday here with his father,
Joel H. Miller.
Edgar Stanton spent the weekend
here at his home, having come over
from Lancaster, Pa, where he is
student in Franklin and Marshall COL
lege.
Miss Ethel Broadwater, Mrs. C. U.
Edwards and daughter Dorothy, Mrs.
H. c. Edwards, Mrs. James Younkin,
Mrs. Marshall Beachy and G. W. DEF
enbach attended the State Christian
Endeavor convention in Cumberland
last week.
On Thursday last the M. F. Nc
Cabe Co., contractors building the con-
crete road from Springs, Pa, to State
Line finished pouring concrete, thus
completing the Pennsylvania section
of the road leading from Salisbury
thru West Salisbury and Springs, Pa,
to Grantsville. 1t is hoped that Mary
land will finish this link next spring.
Mrs. Mary Custer was operated up
on last Saturday at the Western
Maryland hospital in Cumberland for
the removal of tonsils.
! Mr.. and Mrs. Earl Folk and Mr.. and
Mrs. Jacob J. Folk left last Saturday
to visit Mr.. and Mrs. Milton Folk and
other friends at Fredonia, Mercer
county, Penna.
Mrs. Harry Osborn and daughter,
of Rutherford, N. J. are visiting Mrs.
Osborn's mother, Mrs. Eta V. Engle.
The Republican. [volume] (Oakland, Md.) 1877-current, 1927-11-03

the Methodist Ladies' Aid society or
Thursday afternoon. Sewing and &
business session made up the program
followed by refreshments.
The Lutheran Womans' Missionary
society made its annual pilgrimage tc
the Stone House at Little Meadows
and held its meeting in the home Of
Mrs. H. P. Miller. Following the de-
votional and business session, plans
were made for the chicken supper
which the society expects to serve in
the Lutheran church basement in the
near future.
Meeting of WOmans' Club.
The Womans' Club will meet on
Wednesday afternoon, November 9th,
at the home of Mrs. Jamelr Younkin.
All members are urged to b present.
Services in the Churches.
Church services will be held next
Sunday as follows: Catholic, Mass at
10 a. M; Methodist, Sunday school at
10 a. M, Christian Endeavor at $50
p. M; Reformed, Sunday school at
1870 and worship at 2:3O p. M; Luth-
eran dedication services a. 1920 a. M,
2:30 and 7:30 p. m.
Mail Route Discontinued.
Beginning November 1st, the mail
route between Grantsville and Sails
bury, by way of Springs, was discon-
tinued. The curtailment of service
is not appreciated by many of the pa
irons of this route, however, they will
be served by the No. rural route out
of Grantsville, and this same carrier
will carry lock pouch for Springs.
The notwithstanding route has
been in existence many years.
Purchased Farm.
Floyd J. Miller, a son of ]. B. Mil
Ter, has recently purchased the farm
of Norman E. Bender, situated just
north of town and a portion of the
Strawberry Hill tract. 1t has been
rumored that Mr.. Bender purchased
the farm of Commissioner John H.
Bender near Springs, Pa.
Public Reception.
The members Of the Lutheran
church are planning a public reception
at the church next Monday evening,
November 9Th, when they will keep
open house for all who care to visit
and inspect the recently completed i'm
provements.
H. S. Masquerade Party.
The High school held a Halloween
masquerade party on Tuesday even
ing. There were about 65 students in
attendance. Clyde Bender was award
ed the prize for prettiest costume and
Olive Vangilder the prize for the
funniest. The rooms were decorated
and the refreshments Were ginger
bread and iced tea.
Halloween Party.
Miss Fern Baker gave a Halloween
masquerade party at her home west
of town last Thursday evening for
her friends, principally school mates.
A number of games, appropriate to
the season, and music We're the d.
version, with a bountiful course of
refreshments.
Personal Mention.
DR.. Francis Dorsey, of Cleveland,
is visiting his uncle and aunts here
this week, D. w. Dorsey, Misses Mary
and Maggie Dorsey and Mrs. Annie
E. Getty. DR.. Dorsey is a son of DR..
Frank Dorsey, native of this coun-
ty, and is an inferno in a Cleveland
hospital.
Mr.. and Mrs. Floyd Younkin, of
Paintsville, KY, visited their mother,
Mrs. George Younkin, here last week.
George (Jesse) Slick was visiting
1sa1~
The Republican. [volume] (Oakland, Md.) 1877-current, 1927-11-03

Send your Job Work to The Repub-
lican Commercial Printing Depart
ment-it will be done neatly, cor
rectly and as promptly as in consis-
tant with good workmanship.
Evening star., 1927-05-22
Says Spirits Warn of World Disaster
Continued from First Page)

Continued from First Page)
and how we waved it at a bull?'
That is the kind of thing that seems
trivial, yet TO the persons themselves
h might be final. and they will say
they could not have had a better proof
of individual survival.
THAT criticism is also very often
due TO the fact that people imagine
that the mere fact of death makes the
ether person very wise-that he should
speak only Of profodnd things. But
the person has not changed in the
least degree. A silly ass on this side
is a silly ass on the other side. That
may well account for some message.
If they We're all wise, it would show
that our whole scheme was wrong"
why cannot we communicate,
was asked, with great geniuses. such
as Keats, who described this life so
beautifully and might do the same for
the life hereafter?'
But if you put poor old Keats at
the end of q long distance telephone
and asked him TO do some pretty
poetry, he might find it little diff
Sult,' was Sir Arthur's fetort.~ Com
Tnunication is at present a difficult
and clumsy process, but we don't do
so badly"
When asked il every one has a
"spirit guide" perhaps passive In
some instances, Sir Arthur replied
Some people seem so spiritually dead
that it seems difficult to believe it, but
] think the majority of people have.
IT depends a great deal on the human
enuatfon, but any one who is living
Evening star., 1927-05-22

any sort of spiritual life certainly
has one" He added that each per-
sons guide was undoubtedly told off,
for the job.
Five years ago Lady Doyle, a kind
and gracious woman, developed the
gift of inspired writing" and since
1924 she has developed "semi-trance
inspirational talking" 1t was easy to
observe that she was as deeply inter.
ested in spiritualisn1 as her husband.
When Lady Doyle entered the room,
the conversation had reached a discus
sion regarding the state of spirits in
the hereafter as envisaged by the
spiritualists. Sir Arthur stated that
there are three main spheres open to
the dead with many subdivisions. "lt
is Just as If you had lot of corks.
he said, some heavily weighted, some
slightly weighted, and they We're all
put in a tank of water. They all get
their own level. They all go to their
own place, as the Bible says" This
level, he explained, depended on the
spiritual level attained in this world
"A man who is kind and unselfish
is the man who will find a high level
after DEATH" Lady Doyle interrupted.
but the man who goes ahead with
out regard TO his fellows, doing as
little as he can Of his duties so long
as he can get along comfortably, is
the person who is going down to
pleasant as those under which he
lived on EARTH
fCopyright, 1927. by the North American
Alliance -
Evening star., 1927-05-22
by gANEs WATSON GERARD.

Former American Ambassador to Germany.
Germany has succeeded in putting
its industry into apple pie" order.
The latest modern machinery, the lat
est scientific inventions, introduced
into German plants after the war,
have brought Germany to the highest
standard Of technical efficiency, and
now the system Of the cartel gives
1nem the organization 81 makes pos
saple competition witt all the world.
IN Germany the tendency TO COM
b.ne was never restrained by law, as
Il has been in this country. On the
contrary il was encouraged by the
government. But in Germany 1t takes
the form Of what are called 'cartels,
Suppose that three great Industrial
lists are in the same business: each has
e corporation that he controls. and
these corporations are the principal
ones in a particular line Of business.
they meet some day and say. I'VE
agree on a cartel. or treaty, for five
wears, and on that basis we will divide
the business" One will receive 40 per
cent, another 40 per cent ana the
other 20 per cent In that way the
business is restrained, prices are kept
up and the business is q success.
Not only have the Germans formed
cartelS within Germany, but within
the last year they have formed inter
national cartels extending outside Of
Carmany The best example of that is
the steel cartel. which is made up Of
Germany. France, Luxembourg. Bel.
gium and the Saar territory. In that
cartel Germany has 30 per cent,
France So y pei cent. Belgium l212
Evening star., 1927-05-22
Germany, by Cartel System, Has Put
Industries Back Into First-CIass Order

per cent, the Saar Sf2 per cent and
LuXemburg Il per cent. The cartel
in steel has been initiated in other
trades. They have a cartel even in
making bottles, one for pipes. English
manufacturers are members of num-
ber Of these cartels. The Germans,
with the aid OF these cartels. invaded
other countries. They give longtime
credits, and that has been a secret Of
the German success in South America.
First, the extension of long credits,
and secondly. SO packing and prepar-
ing their goods that they gave the
people exactly what they wanted and
what they ordered, and didn't send
them something else and say, You
ought to be satisfied with that; 1t is
nearly what you ordered"
With the aid of these cartels and
the efficient working system at home,
they built up their trade once more.
They have their most favorable trade
balances with Austria. Spain. Czecho-
slovakia, France and England. With
the United States the balance against
Germany is strongly the other way.
because German goods are kept out by
our tariff wall, and. on the other hand.
there are certain goods, such as cop.
per petroleum, grains and fats which
are produced in this country that they
must have. 1t is these goods that are
the basis of our favorable balance.
Evening star., 1927-05-22

scourges of former times as yellow
fever, smallpox and the like that we
ought to be able to advance the aver
age life beyond IS gears" said.
But we are adding new enemies
of life every day. AS fast as we blot
out an old and established enemy of
human life up pops new one that
requires lot of study before we can
even curb it in the slightest. Take
the example Of the automobile, of
influenza, OF sleeping sickness, of the
rapid spread of nervous disorders due
to the clang and din of the mechani-
cal civilization in which we are enguf.
ing ourselves"
i; X X
However, DOCTOR" / said, "you
haven't the slightest doubt but that
it Is much safer and better to live in
our day than in the days of our fore.
fathers?'
Not the slightest doubt in the
world DR.. Dublin replied, unhesi-
tatingly. THE so-called good old days,
supposedly ones of great romance and
beauty, were not so romantic, beauti-
ful or good from the viewpoint OF
medicine. In the Colonial days of our
country smallpox was the plague of
plaques. Ten out of every hundred
deaths were caused by it and 33
deaths Of every 100 among children
under 10 We're caused by it. Almost
every one was pock-marked. So rare
was the person who was not marred
by this terrible disease that If he hap.
pened to commit a crime he was
identified a. follows:
Reward Of 100 lbs. for capture of
John Low-and he is not pock-
marked
X X * X
Facial beauty labored under tire.
mendous handicaps in those days and
our modern-day fiapper would have a
perfect horror of them. In one year
one-third Of the population of the
thriving City Of Boston came down
with smallpox.
In those days Group was a deadly