davidaulloa/AmericanStories huggingface dataset:
Evening star., 1927-09-16
WHEAT SCORES GAINS
AS CORN GOES LOWER
Bullish Reports From Australia
and Argentina Boost Smaller
Grain Market.
By the Associated Press.


CHICAGO, September 16.-Corn
prices underwent a decided setback
early today owing to highly beneficial
general rains. Despite the break in
the corn market wheat developed firm.
ness owing to bullish reports from
Australia and Argentina. Opening 3s
to IL off, corn later showed a drop Of
2k under yesterdays finish. Wheat
started at 1s decline to Il advance.
and substantially made gains all
around. Oats were easy. Provisions
tended downward.
Aggressive selling on the part of
leading houses took place today in the
corn market, and an early downturn
of 2h cents a bushel was later fol-
lowed by still more severe tumble to
more than cents under yesterday s
close. Numerous reports were at hand
telling Of plentiful moisture supplies
needed to counteract hot weather. Cur
rent advices said also that in some
sections even the part of the crop
which was considered hopeless on Sep
tember l has a good chance now If
hot weather continues and frost comes
later than usual.
Wheat traders turned attention to-
day largely to the Southern hemi.
sphere, agreement becoming general
that the bulk of the Canadian crop Is
now we'll matured. Meanwhile, Aus
tralian cables said the condition OF
much Of the new wheat crop there Is
critical, with soaking rains urgently
required, and that moisture Is also
badly needed in Victoria. Argentina
likewise reported that the growing
wheath there needed rain. Acute weak
ness Of the corn market, however
acted as a material depressing inf1u
ence at times in the wheat nit
Evening star., 1927-09-16
cific Coast fruit is marketed all owe
the world.

cific Coast fruit is marketed all over
the world.
For the wheat grower the canal has
leveled the distance between producer
and consumer The canal displaced
the old-time wind jammer as a wheat
carrier, as it frequently took as much
as six months to make the voyage be-
tween Portland and Liverpool or Glas-
gov. This meant that the shipper
could have no means Of knowing when
his shipment would arrive or the state
Of the market when 1t reached Eu-
rope. AS a result millions of dollars
were expended in insurance over the
extended period of time over danger
Gus sea routes. Today the grain car
riers, many of them, are run on regu-
lar schedules as well timed as those
Of express trains, and the Paclnc
Northwest no longer is semi-isolated.
Europe formerly purchased all It's
Pacific Coast wheat and cereals IN
cargo lots. While many cargoes still
are set afioat for Europe today, the
greater part Of the business Is in par
eel lots. These are shipped on the
regular liners, and this insures quicker
delivery. Shipments from the PACIFIC
Northwest to Europe this year will
be approximately double what they
were the year before the canal was
opened.
The advantage accruing to the
American grain grower has been
shared by his Canadian cousin, who
ships abroad from Vancouver and the
Canadian ports. To the Alberta and
British Columbia farmer the canal
route offers attractions outweighing
those of the part-rail. part-water route
via Montreal.
Evening star., 1927-09-16
COTT0NDECL|NES
|NNERVOUS TRADE
Opening Advance Followed by
Sharp Break-RalIies 0c-
cur Later.
By the Associated Press.


NEW YORK, September 16.-While
the volume Of business was smaller
than vest >rday, the cotton market to-
day showed continued nervousness and
after an opening advance, eased off
under a renewal of liquidation.
December sold off about rs points
from the opening advance, the midaft-
ernoon market showing net losses of
40 to 43 points.
Heavy liquidation was renewed in the
cotton market early today. After open
ing firm st an advance of Is to 81
points on covering. promoted by higher
Liverpool cables than expected, the
market broke sharply. Before the end
of the first hour December contracts
had sold off to 21.20 and March to 22.49,
or about 27 to SO points net lower. At
these figures demand seemed to inn
prove somewhat, with some trade buy
ing reported as well as renewed COW
ering, an there were rallies of 20 to
25 points from the lowest. Selling
was attributed by local brokers to q
continuation of yesterdays pressure
and was supposed to be largely in the
nature of hedging and liquidation.
Offerings were lighter after the early
break and prices rallied on covering
which probably was prompted by a
private report placing the condition Of
the crop at 53.2 and the indicated
Weld at 1,.418,000 bales. compared with
an end-August indication of 12.907,-
600 bales The volume of business
tapered off, and the market was much
quieter. Dece~2ber .allied to .1.70,
and was holding around 21.60 at mid
day. or about 10 points ct higher.
Evening star., 1927-09-16
LUMBER INDUSTRY.

NEW YORK, September 16 @.--
On the basis of telegraphic reports
from 362 mills. the National Lumber
Manufacturers Association concludes
that while the soft wood lumber in
dustry experienced a seasonal falling
off last week in production and ship
ments, orders being about the same.
the movement was about as large as
the corresponding week last year.
Reports from 116 hardwood mills re-
veal little change from the preceding
week. but production was less than a
year ago and shipments and orders
much less. Untitled orders of 223
Southern pine and West Coast mills
at the end Of the week were COS, ,692,-
$50 feet, against 571 ,448,192 feet for
213 mills the previous week.
Evening star., 1927-09-16
RAIL FINANCING GAINS.

NEW YORK. September IS P).--
Railroad financing in the first half OF
1927 totaled 1922, ,211 1897, of which $685.,
081, 1897 was accomplished through the
sale of stock, while in the same period
last year the amount was 1921 1886. 900,
all of which was accomplished through
the sale of bonds, thereby increasing
the carriers funded indebtedness. In
other words. the carriers have reached
a point where improved earning pow
err permits some Of the stronger roads
to issue stock in a substantial amount
instead Of bonds, says the committee
on public relations Of the Eastern rail
roads.
Evening star., 1927-09-16
FOREIGN EXCHANGE.
Quotations furnished by W. B. Hibbs & co.,
Mammal Calling checks

NEW YORK, September 16 @.-
Foreign exchanges easy. Quotations
lin cents): Great Britain, demand,
4S6: cables, 486as; 60-day bills on
banks, 4S2H. France, demand,
3.9l 1916: cables, 1892 3-16. Italy, de.
mand, 544A; cables. 5.44%.
Demand - Belgium, 1919; Ger.
many, 23.79; Holland, 4O.04h; Nor
way, 26.42; Sweden, 26.87h; Denmark,
1916; Switzerland, 19.2sA; Spain.
1881; Greece, 1929; Poland, il.2o;
1.76; Austria, 14.0S; Rumania, .62; Ar.
gentina, 42.75; Brazil, 11.S7h; Toxic,
1895: Shanghai. 61.50; Montreal,
100.01 9-16.
Evening star., 1927-09-16
ALCOHOL MAGNATE SEES
U. S. TRADE FAIRLY GOOD
Special Dispatch to The Star.

Special Dispatcn 10 Inc star.
BALTIMORE, September 1s.-Busi
ness conditions in the country as
whole are fairly good, according tc
r. r. Brown. president of the United
States Industrial Alcohol Co.. whc
spent yesterday inspecting the local
plants Of the company. which are the
largest in the country.
There are spots Of depression here
and there. he declared. but the situa
ton as a whole seems to have recov
cred from depression felt around
July. The alcohol business, he ex
planned. Is fairly good barometer oj
general trade, inasmuch as alcohol Is
used In large number Of manufac
turing industries.
Evening star., 1927-09-16
DRY GOODS QUIET.

NEW YORK, September 16 (Spe-
ciaD.-Trading continued quiet in cot
ton goods markets today, as print
cloth prices slipped off quarter cent.
The standard 64x60s were quoted at
cents and the 6Sx72s at 1913 cents.
Raw silks were a shade easier in a
quiet market.
Evening star., 1927-09-16
new HIGHS SCORED
| IN CURB DEALINGS
Trend Upward, but Heavy
Profit Taking Sales Are
Absorbed by Favorites.
BY WILLIAM F. HEFFERNAN.


special dispatch to The Star.
NEW YORK, September 16.-The
Curb Market was more of two-sided
affair today than 1t has been recently.
The speculative favorites, having to
absorb heavy profit-taking sales at
intervals. The upward movement
predominated, however, but new COM
mitments were made with consider
able caution. Advances in individual
issues were not as spectacular. al
though a number managed to attain
new high records.
Because of the fact that Bancitaly
Corporation has come to be known as
one Of the largest investment trusts,
the persistent demand was not unus-
ual when the extent of the advance
during the past few months in invest
ment and speculative issues generally
was taken into consideration. 1t was
only recently that directors declared
an extra stock distribution of 40 per
cent.
Bancitaly Scores Gain.
Buying has been based on belief
that further distributions were i'm
pending, and the announced intention
OF the directors yesterday to distrib-
ute a special stock dividend Of IA 2-7
pSt CtHl III Stptk IuillllSu THESE 0N-
pectations. The price opened at
114B on n block of 1000 shares and
subsequently reached 1167s before the
demand subsidized.
Another to move forward into new
high ground was Gillette Safety Razor.
1t has been unofficially reported that
application is to be made to list the
shares on the New York Stock Ex.
change, where a more active market
will be afforded. This and the pros
pect of increased earnings during the
current year appeared to be back of
the demand. which carried the price
UP more than points.
The action of Tubize Artificial Silk
indicated that a good deal Of the stock
has been taken out of the market dur
ing the past few weeks. Around 2S0
the price was at its best and compared
with yesterdays final Of 275.
Rayon Shares Irregular.
Shares of other companies engaged
in the rayon industry moved irregular
ly. CelaneZ Corporation came off
sharply under heavy realizing sales,
while Celluloid common gained 2
points to 80. 1t was only recently that
the company approved the consolida-
ton with the Safety Celluloid Co., a
subsidiary of the Celanez Corporation.
Public utilities were active, but with
the movement of prices narrow and
irregular. The oils failed to break out
of the rut in which they have been
moving for the past month, while the
metal shares continued to do some
what better under leadership Of Bun
ker Hill and Sullivan Mining. Above
106 the price reached new high.
Evening star., 1927-09-16
Rayon Shares Irregular.
Washington Stock Exchange

SALES
D. c. Paper es-S2. 900 at "a.
Potomac Elec: pfd.-10 at 102%. 2 at
102 y. 8 at 102%
Continental Trust Co-15 at 130
Merchants Bank & Trust Co.-50 at 156. 3
at 156.
! Natl. Savings & Trust Cos at $40, 10
at Sis. 20 at $50. 8 at 521.
AFTER CALI
District National Banks at 245x. 10
at 247 10 at 249.
Potomac Elec. pfd. 5hs4 at 102H, 8
at 1929.
Washington Gas $500 at 102A.
Washington Gas 6s A-S200 at 1929.
Money-Call loans and per cent.
Evening star., 1927-09-16
SMALLER CROPS SEEN.
Maryland Yields, With Few Ez
ceptions, Likely to Be Below 1925


ceptions, Likely to Be Below 1925
Special Dispatch 10 The Star.
BALTIMORE. September 1s.-Crol
prospects in Maryland are below thi
records Of last year. according to q re
port Of John 8. Dennee, statistician 70,
Maryland Of the Department Of Agri
culture.
Improvement over a month ago q
shown, however. With the exception
of hay. oats and potatoes. all indicat,
an output less than last year.
The supply of farm labor Is rated
as 81, against an average Of 90 pei
cent.
The production estimates are: Fol
corn, 1905, 900 bushels; oats, 1880
bushels: barley, 343. 900 bushels; pota
toes. 4.705, 900 bushels; sweet potatoes
1,594,000 bushels; tobacco. 26,957 .00t
pounds; hay, 721.00O tons: apples. /.
$4,000 bushels: peaches. 315 900 bush
els; pears. $4,000 bushels: grapes
Lis tons.
Evening star., 1927-09-16
NEW YORK MARKETS.

NEW YORK. September 16 R.-
Rye easy; No. 2 Western, 1.09A t. o.
barley steady; mailing. s7A C. 1. f.
New York; other articles unchanged.
Evening star., 1927-09-16
BOND AND SHARE OFFICIAL.

NEW YORK, September 16 @.-C.
e. Calder, president Of American &
Foreign Power Co., Inc, formerly
pr esident Of Texas Power & Light Co.,
has been elected a vice president Of
Electric Bond & Share Co.
Evening star., 1927-09-16
MISCELLANEOUS.

Barber G. Ross Inc. 6hs... 96M 07
Chestnut Farms Dairy 61hs.. JOSH .....
Chevy Chase Club 51as...... 101 .....
d. c. Paper Mfg. 6s. 90 .....
Pot Joint Stk. La Blk. 5s.. 101 .....
Southern Bldg. 6hs....... 104 .....
wsrdman wrd an = Park Hotel 5iis.. seh a7x
Evening star., 1927-09-16
PANAMA CANAL BIG
SAVING TO SHIPPER
Trade Interests Understand
Concern Over Possible In
reference by League.
BY j. G.. ROYLE.
Special Dispatch to The Star.

NEW YORK, September 16.-Wheat
from the great granary of the inland
empire OF the Pacific Northwest, from
the valleys of Washington and from
Idaho and Montana. now Is being
transported to European ports IN huge
volume. 1t Is being carried to destlna-
ton from Portland. Oreg., and other
North Pacific ports in approximately
a months time. This corresponds
with six-month voyage in the days
Of 20 years ago, and the grain--which
amounts to millions in freight charges,
insurance and interests due to the
operation Of the Panama Canal.
The canal is having a record year.
1t Is expected that by the end OF the
calendar year more tonnage both In
the locks than in any similar period
in its history. or that of it's great rival.
the Suez Canal.
Competition Eliminated.
These facts explain plainly what
was behind the announcement of the
Department of State that adjudication
Of questions concerning the Panama
Canal did not come within the scope
of the council of the League Of Ma
tions. In the first place the canal has
been the only real impetus to the or
ganization of an American merchant
marine, with the exception Of ths
period of the war. that has been re-
corded for scores of years. Coastal
and intercoastal traffic has been proved
to be profitable. being operated under
regulations which eliminate the compe-
tition of foreign bottoms.
The canal has narrowed the distance
between the Atlantic and Pacific
Coasts Of America by months instead
of miles. It has opened a market for
Pacific Coast products to the Eastern
and Middlewestern States which would
have remained closed under conditions
demanding all rail transportation or
the journey around the Horn.
California oil Is now being refined at
New Jersey refineries. Pittsburgh
steel in finding it's way into the Pa.
cific Northwest. Hawaiian sugar Is be-
ing sent by all water route through the
canal and up the Mississippi to Michi-
gan. Minnesota and the Dakotas. Pa
Evening star., 1927-09-16
BONDS.
Bid and Asked Prices.
PUBLIC UTILITY,

Bid. Asked.
Amer. Tel & Telga. 4s..... 9s% -.
Amer. Tel Telga. AS. 100% .....
Am. Tel. & Tel. ctl. tr. 5s. 104T .....
Anacostia & Pot. Z. b. 5s.. 96h .....
Ana. & Pot. guar. 5s........ 96H .....
@. & P. Telephone 5s....... 100h $50.
G. e. P. Tel. of Va. 5s. ..... 10l go.
Capital Traction r. r. 5s... 102 .....
City & Suburban 5s......... 96 $50.
GEORGETOWN Gas LIST 5s.... 101 .....
Potomac Elec. 1st 5s. ....... 101 .....
Potomac Eiec. IS 1858. -. los ioah
Wash. Alex. & Mt. Vernon 5s Az .....
Wash. Alex. G Mt. v. ctfs.. 4 .....
Wash. Bait. & Annap. 5s... S6 .....
Washington Gas 5s. ........ 101 .....
Wash. Gas 6s. series A..... 104 .....
Wash. Gas 6s. series B. ..... 105 .....
wash. Rwy. { Elec. gen. 6s.. 1867 i0i
Evening star., 1927-09-16
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., 1927-09-16
FEDERAL LAND BANK BONDS.
fouoted by Alex. Brown & Sons. Cio.inr.I

DIVIDEND VOTE DEFERRED.
NEW YORK, September 16 R.-
Directors of the Southern Baking Co.
today deferred declaration Of the
quarterly dividend Of 2 per cent on
the preferred stock.
Evening star., 1927-09-16

room cottage, to the 20-inch burner for the
largest homes and commercial installations. It
can be installed in few hours time in any
good heating plant-warm air, hot water, steam
or vapor. And it can be installed for less than
you'd pay for an unknown, experimental oil
burner, built to sell only at price.
Give your family the comfort
they deserve
Automatic oil heat is now considered by pro-
gressive people just as essential as modern
plumbing, electric lights or the telephone.
Nothing will add as much to the comfort Of
the entire family. And now that the tried-and-
true Nokol can be installed for SO ittle-on
most convenient terms-there is no reason
why any home owner should put up any longer
withold-fashioned, QUITO -dateheatingmethods. !
Come in today and see the new low-eost
Nokol in action. Learn how easy it is now to
do away with the dirt, drudgery and discom-
fort Of coal and give your home the one thing
needed to make it thoroughly modern. If you
can't call, mail the coupon for our interesting
booklet on oil heat and details Of our liberal
budget plan.
Evening star., 1927-09-16
TITLE INSURANCE
MISCELLANEOUS.
Unlisted Department.
BONDS.

These securities not listed under Exchange
rules.)
Evening star., 1927-09-16

proven performance to the idle promises Of
"Ay-by-night" oil burner manufacturers-for
those who realize that an orphan" oil burner
is as much liability as an "orphan" motor
car and don't want to take chance-the new
low-cost Nokol is the solution Of the problem.
Il size for every home
The new low-cost Nokol is made in a complete
range Of sizes just as the De Luxe Silent line
from the 4-inch burner for the four or five
Evening star., 1927-09-16

is the price of the new low.cost Nokol for the
average or 8 room house. No additional in.
stallation costs. Normal charge for tank. $50
down puts Nokol in your home complete, with
automatic safety and operating controls ready
to operate Small monthly payments.
Guaranteed by the American Nokol Com
pany oldest and soundest automatic burner
manufacturers in the world.
Evening star., 1927-09-16

CREAT things have been expected Of
~ Nokol this year. Great economies have
been effected through quantity production and
Nokol's splendid new manufacturing plant
all Of which have been passed, on to the public.
And now comes the best news Of ala new
line Of Nokol burners at much lower prices.
Nokol engineers, by eliminating certain ex-
pensive elements essential to the control Of
the De Luxe Silent Nokol, have produced a
burner which retains the same high degree
Of combustion efficiency and can be installed
for much less money.
II new line of barners-at
new low price
The new low-cost Nokol is offered in response
to demand for high grade automatic oil
burner at the lowest possible price. 1t comes
equipped with the Nokol special Hyvolt Con-
troll and gas pilot flame and is fully automatic
in every way. 1t is by far the best automatic oil
burner ever offered at anywherenea this price
For families who want the recognized reliabil-
itv and combustion efficiency Of Nokol at a
minimum investment-for those who prefer
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1927-07-20
COMMISSION NOW
HAS r. r. EVIDENCE

Continued from page one)
ing their own expense while the other
two trains on this branch produce a
good income for the railway. The
witnesses against the removal of these
trains testified to the fact that there
would be considerable loss as well as
great inconvenience to many bust
necces if these two trains are taken
off. The removal of the late afternoon
train from Sleepy Eye to Redwood
Falls would work an especial hard
ship for passengers, express and
freight.
This matter has been taken up by
the Commission at least once within
very recent years and the plea of the
Railroad company denied. The situa-
ton as to the service required from
this railway to the towns through
which it passes has not changed IN
the interim between the hearings and
it is unlikely that the Commission
will find any more reason for the re-
moval of these trains now than in the
past. 1t will probably be a matter
of several weeks before the Commits
sion gives decision in the case.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1927-07-20

served Redwood Falls in this capacity
and her work here was a great sue.
cess. Both in her pleasing and adapt
able personality and in businesslike
attention to the details of manage
ment, Mrs. Gordon made big appeal
locally and several Chautauqua de-
voices have expressed the hope that
she may return next year. Miss Fay
K. Moore as the leader Of the Junior
Chautauqua was equally successful
and the children's pageant given FRI
day afternoon gave evidence of an in
teresting weeks work with the chill
dren of the city. D. w. Gold acted
as the head of the local committee
assisting Mrs. Gordon. Lester Patton
and Richard Kuepper, who constitute
ed the "crew" of the organization,
also gave good service and made
many friends by their courteous and
thoughtful demeanor. These young
men are defraying their expenses
through college by working during
the summer.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1927-07-20
co. IL" PREPARES
FOR ENCAMPMENT

CONTINUED from first page)
Sioux uprisings in this section. A
the time of his death he was presi.
dent of the National Citizens Banl
of Mankato.
Units included in the regiment
which goes to Lake City July "a tt
remain until August are Mankato
New Ulm, Winona, Red Wing, Ro
chester, St. Peter, Luverne, Fair
mont, Worthington, Winona, St
Cloud, Benson, Morris, Crookston ane
Redwood Falls.
The company roster of the men Of
which approximately fifty will at
tend including the above mentione;
officers are:
LIST Sergeant, John WEIGH.
Sergeants-W Collins, B. C. Lam
phere, L. Laythe, ]. lima, H. Brit.
ton, G. Manning, R. Reynolds.
Corporals-R. Gray, E. Buenger
F. Nell, w. Wheeler, A. Bobzin, A
Anderson.
Privates, LIST Class-C. Arnett, L
Bell, C. Brown, H. Larson, B. K. Mar
tin, S. Porter, D. Smith, H. V. Starr
Willard Starr, Willis Starr, Chas
Welch.
Privates-C Claude Abel, ]. Adams
T. Arnett, o. Beatty, c. Becktold, A
Byington, F. Byington, L. Butler, Rex
Clay, M. Gallery, E. Gallery, M. Gull
C. Charlton, C. England, R. French
Ed. Garnhardt, Gill, E. G. Hanson, C
Hart, V. Haskins, P. Henning, W
Hillman, H. Hosken, A. Johnson, E
H. Johnson, G. Kephart, Knighton
Hacker, E. Ogren, D. Rogen, R. Ro-
dues, E. Steinhouse, E. Stitz, c. SIM
ondet, B. Tolle, Leo WEIGH, Leroy
WEIGH, V. Wetmore, C. Westerman.