davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-16
RISE IS CONTINUED
IN STOCK MARKET
Ability to Come Back After
Break Again Is Shown in
Today's Trading.
BY GEORGE T. HUGHES.

Special Dispatch TO The star.
NEW YORK, June 16.-Stocks
moved higher again today, with the
railroad shares the leaders Overnight
consideration of the action OF the New
York Central board in raising the div
idend was one reason for the strength
in rails. More influential, however
was the demonstration the market IT.
self had given of its ability to come
back after Tuesdays break, with pos
sihly one exception the severest test
it has undergone this year.
This recuperative power Is the one
feature in which this market differs
from nearly all others in the history
of the exchange The reactions have
so often been followed by impressive
recovery that confident buying now
follows each successive break.
Money Supply Ample.
Money renewed at Az per cent, and
there was some calling of loans, but
the supply was ample and funds were
obtainable in the outside market at
concessions from the official rate. The
intimation from Washington that
there was no probability of a cut IN
the rediscount rate was not disturb
ing, in view OF the ease in day-to day
accommodations. The increase in bro
kers' loans was no longer disturbed.
The explanation for the rise was due
to the large bond flotations being uni
versally accepted. q,
The outstanding strong railroad
stocks were Rock Island and st. Louis
Southwestern. Rock Island went
through its now customary perform.
ance Of setting up a new high record
nrnSCnH ia Anti.
cipation of a good May earnings state
ment and expectation of a rise in the
dividend rate. which operating income
fully justifies, made the advance in
this case, at least, logical enough.
Buying of st. Louis Southwestern did
not hvae so apparent an excuse. The
Cotton Belt road was damaged by the
flood and the April report was the
poorest for that month for years.
Attractive Dividend There.
On the other hand. vast sums have
been put back into the property for
a long period and an attractive divi-
dend could be paid whenever those in
control see At to declare it. The stock
today made a new high for all time
when it reached IS. Missouri, Kansas,
Texas and Kansas City Southern went
along with st. Louis Southwestern.
The industrials were a little slower
than the rails to respond to the buy
ing, but advances predominated in this
part of the list also. General Motors
crossed 200 early in the day and Hud-
son and Chrysler were strong. United
States Steel was taken in large blocks
at 122 and above. General Electric ran
I'D over a point. There were a few
weak spots, but they had no effect on
the general market. Rubber common
and preferred made new lows and
Pittsburgh Coal broke sharply.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-16
Wall Street Briefs

NEW YORK, June 16 @.-Stock-
holders of Liggett & Myers will take
action July Is on a proposal to in
crease the outstanding class 3 com
mon stock by $34 100000. 1t is not
intended to issue any of the additional
stock, the purpose being to anticipate
future requirements.
Total assessments of the New York,
Chicago & st. Louis nickel Plate) on
March 81 were $254,041,4 42, against
$239, 912,284 a year before, and profit
and loss surplus $4S,500,42S, against
$50, 048,268.
Iron Trade Review says demand for
finished steel has shown further con-
traction the past week. Summer dull
ness appears to be coming on and au-
tomotive schedules are lighter pending
announcement of new models and ton
mage involved in recent freight car
orders which have not yet been dis
tributed. Steel works operations have
been synchronized with recent book
ings. Output Of steel in June prob
| ably will approximate that OF last
June.
National Fuel Gas declared an initial
quarterly dividend of rs cents on the
new no par capital stock, payable
July Is to holders of record June 30.
This is equivalent to the $3.50 paid
quarterly on the old 500 par stock
which was split ten for one.
Large exports of Chilean nitrate at
lower prices are expected for the last
half of 1927, says w. Arthur Murphy,
member of the Chilean Nitrate Pro-
ducers' Association. The Chilean gov
| eminent and the producers have
| joined hands in an effort to offset last
| years declines in nitrate sales, he
asserted.
Public Offering Of 10000 shares of
| common stock Of the Virginian Rail-
way Co. is being made by Adams &
Peck at $165 a share.
| Wall Street reports that the Balti-
| more & Ohio and the Pennsylvania
were about to acquire control Of the
| Pittsburgh & West Virginia Railway
and that the deal would be announced
shortly were denied by Daniel Will
| lard, president of the B. & o.
w. B. Foshay Co. of Minneapolis
has contracted to purchase the gas
properties of Pocatello Gas & Power
Co. in Idaho.
A list of the principal stockholders
of the Atlantic Coast Line Railroad,
made public yesterday, disclosed that
Henry Walters, chairman of the
board, had reduced his holdings of
common stock by 10000 shares before
the stock sold lex" the right to sub.
scribe to additional shares. His hold.
ings on November 80 last had been
reduced to 33,608 shares, but it is un
derstood large part of the stock held
by the Safe Deposit & Trust Co. Bal
timore, was for the account Of Mr..
| Walters.
Retail sales Of General Motors cars
in May were III 1854, an increase OF
29,173 cars over MAY last year. Sales
to dealers were 1882, an increase
of 52,203.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-16
POOL IS EXTENDED.

NEW YORK, June 16 LE).-The So
called American rubber pool. formed
last year with a credit of $4,000. 900 to
stabilize the price Of crude rubber, has
been extended eight months from Au-
gust l, 1927, when it would have auto
matically expired. Owing to recent
sharp breaks in the rubber market, it
had been reported the pool was about
to dissolve. It's membership includes
United States Rubber, Goodyear, Good
rich, Firestone, Kelly Springfield,
Ajax, Miller and other companies,
also General Motors, Willys-Overland,
Dodge, Packard, Studebaker and other
motor companies. Holdings of the pool
are understood to be about $4,000 tons.
of which $4,000 tons are stored in this
country and the rest in London.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-16

Most of the trouble Is produced by
those who never produce anything
else. ~
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-16
MAGAZINES TO MERGE.

NEW YORK, June 16 R.-An-
nouncement is expected shortly Of the
consolidation Of about six trade and
professional magazines to be known
as Trade Publica tons, Inc, headed
by Walter Howley and Verne Porter.
Mentioned in the group are the Amer
lean Architect, Music Trades. Musical
America, BARRIERS Journal. Beauty
C,,itnre ard porf,,rners' Journal.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-16
NEW YORK MARKETS.

NEW YORK, June 16 Op.-Rye
steady. No. a28Western, 1894 f. o. b.
New York, and 1.27A G. 1. T. export.
Farley easiers mailing, 46 pounds. 1.04
c. ]. I. New York, lake and rail. Wheat
futures opened steady: domestic. July.
LAG; September. 1.44h asked. Other
articles unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-16
Heard i'm Financial District.
President George L. Starkey of t
National Bank of Washington has ]
turned to his desk after 10 days vac
ton passed on a motor trip throus
a large section of the most attracti
parts of Pennsylvania.
President Peter A. Drury of Il
Bank & Trust Co. is spen
ing a few days at his Summer hon
in the Blue Ridge Mountains, at Bit
mont.
At the recent Hot Springs conve
ton, the local bankers ASSOCIATE,
passed a special resolution comp
menting Miss Grace M. Bromley +
her very efficient work as assista

I. j. Roberts, president of Washing.
ton Chapter, American Institute OF
Banking, was host last night to the
officers and board of governors of the
chapter at his home. 1880 Jefferson
street northwest.
The guests included James A.
Soper, first vice president; A. +.
Hence. second vice president; Miss
Lois "A. White, secretary H. III. OAR
nellie. treasurer; Miss Catherine
Kreig, assistant secretary; Frank NJ.
>Perley, chief counsel, and these mem
bers OF the board Of governors-Har-
old W.. Burnside. Miss S. Winifred
Burwell, r. Jesse CLANCY. A. o. Doc
ley, T. Hunton Leith, Raymond P.
Lochte. Elmer O'Hara, Miss Mabel V.
Royce, Alfred w. Sherman, Garrett
M. Van Hoesen and Robert X. Whit
ton.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-16
WOOL MORE ACTIVE.

BOSTON, June Is (SpeciaD. Trad
ing was more active today in the Bos'
ton wool market. with dealers IN
clined to hold firmly for the top size
of the recent price range. Fine ter
ritory was quoted at 1.05a1.10 clean
basis; French combing at Local 90;
half blood at .95a1.00; three eigntns
blood at S5a90, and quarter blood at
7SaS0. Ohio grade f1eeces. fine de-
laine, were quoted at 44a45, grease
basis; half blood, 43a44; three'eighths
blood, 42a43, and quarter blood. 41a42
Texas IL months wool was quoted at
I.0Sa1.10.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-16
Hourly Sales OH N. Y. Market.
III am. 603.20 IL noon. 1.046.900

III am. 603, 200 IL noon. 1.046.90O
pm. l.477.000 2p.m.. 1,753. 100
Dividend rates as given In the above table
are the annual cash payments based on the
Unless otherwise noted extra or special divi'
dcnds are not included.
Unit of trading less than 100 shares
Partly extra Plus 70 IN stock. Pay.
able. in common stock Plus 200 IN
stock Paid this vear--no regular rate
b Ten per cent in common stock. oayaDle
ga 70 quarterly c Plus 8 "a In stock. d Pay.
able when earned; Q PAYABLE 10 p, cash s 4r
share in stock b Plus 81 a share in special
stock Plus 81 IN stock Plus ~ ,., IN
in Glass A stock m Plus so in stock
Partly stock Plus So in preferred STOCK
q Plus one-half OF common stock.
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1927-10-21

modern waltz and fox trot time.
Recently his orchestra made rec
ords of both of the new orchestra
lions while playing at the Victor
studios at Camden, N. J.
Although Oldsmobile officials
had nothing to do with the writing
or publishing of the song, they be-
gar receiving requests for copies
at the factory. To satisfy these
requests the company arranged
with M. Whitmark & Son, the
publisher, for a special edition to
supply this demand.
Even though the song is a quart
err of a century old, the Oldsmo-
bile factory continues to lave
calls for it, disposing on an aver
age of several thousands OF copies
each wear to Oldsmobile owners
REQUESTS come from all parts OF
the world, a recent n being re-
ceived from A. Nc c. Jameson
of "Kohewatha", Kaikohe, Bay OF
Islands. New Zealand.
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1927-10-21
IN THE WORLD OF SPORT
IT WILL TAKE YEARS TO REALIZE How GREAT BOBBY JONES E-CHCK NEE
IAN I'm A CwJ rpD Tpc

s1DlD you ever notice how many
TOO. ball games end Z to 6 or
II TO 1872" asks Chick.
Luck plays such a big part in
the game that only a close student
and sympathetic mind can realize
it. Many a bail club most coaches
call their teams ball clubs) has
been moderated at the end of a
season because Of defeats on the
record when an opposition coach. If
he would tell the truth. would
readily admit is better than his
own.
Il have seen too many things hap
pen OH a ball field In my day. No
one knows tor a certainty when a
fresh water college Is rgoing to
knock you off. Baseball. basketball,
boxing-all allow tor a certain mar
gin tor lucky breaks. The fans be-
grudge giving football any margin
when it really has the BIGGEST"
MEEHAN. incidentally. has a
-'A wonderful record at Syracuse
| and New York University. He went
into New York. took a green squad,
and in one year whipped 1t into 4
| national contender. losing but II
| contest. He has a crack staff of
assistants and whenever newspa-
permen approach he insists on their
getting the ink" for their efforts.
| With all the solicitude of a win
ming poker player he softens the
| opposition's loss by chanting his
lucky break" formula. His chief
assistant is Joseph Schwartzer.
whom the boys quantity term. THE
Gangpusher." and Charles tBuZz)
McAdam and Frank tBuckoI Mar
key. A real board of strategy. that,
THE brilliance of Helen Wills
L should not blind US In looking
to the tennis future.
Here is Betty Nuthall. who made
such a gallant stand against the
Poker-Faced(o Zone. Already she Is
ranked one of the three greatest
women tennis players in the world.
And only 16!
A review of the season shows she
has defeated Helen Jacobs. Molla
Mallory and Eleanor Goss. No. 3
ranking American player. :
Considering that she is handi.
capped by an underhand service.
that she is not yet a yolleyer and
that she is scarcely In her teens. the
wonder is she has reached the Inn
~pressive heights she has attained.
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1927-10-21
Waslza
aK q Z Z & z

x q q q q q q x z q .
Mrs. Hagen and Lulu visited at
the Worden home Sunday.
Mrs. Worden called at the home
of her sister-in-law, Mrs. Jay Aid
rich, Thursday.
Lydia Hoversland spent Wednes-
day evening with Bessie and Lulu
Hagen.
Ed Nahum went to Scobey on
business Sunday.
Mr.. and Mrs. jay Aldrich and
Ray went to Madoc Sunday.
Ted Artz returned from Chicago
Saturday where he had been sell
ing cattle.
Mrs. Gazette called on Mrs.
Barnes Saturday evening.
Vida Peterson visited at the
Barnes home Tuesday evening.
Mr.. and Mrs. Nahum and fam
lily visited at the Melvin Jacob
son home Sunday evening.
The community fair held at Nels
Lund's barn was a big success in
spite of weather conditions. Some
very good exhibits were shown.
We hope to e a bigger and bet
ter one next year.
Bessie Hagen visited Esther
Giersdorf Sunday.
Myrtle Nieman spent the week
end with her folks at Wolf Point.
krohn School News
The following pupils yer
neither absent MOI tardy this
week: Bessie and Lulu Hagen,
Byrl Jacobson, Einar HOLDEN, Van
Moschelle, Lillian and Stewart
Worden.
The following pupils have 100
per cent for the week in spelling:
Lulu and Bessie Hagen and Elmer
Thompson. Lulu also has 100 per
cen for the week in Arithmetic.
Clair Artz returned to school
Monday after a two weeks trip
to Chicago. He says it seems
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1927-10-21
OLD SONG HIT SET
TO MODERN Music

The progress of the automobile
has been symbolized in lyrical
form. The first and only popular
song ever written about the indus
try, "In My Merry Oldsmobile"'
composed in 1902 by Gus Edwards
and Vincent Bryan, has been
brought up to date in a new 1877
orchestration by Jean Goldkette'
famous orchestra leader.
Just a quarter of a century, ago
Edwards and Bryan, premier song
writer's of their day, saw in the
struggling automobile industry the
basis for a popular song. They
composed SIN My Merry Oldsmo'
bile, writing it in the then pop.
Mar slow waltz time, and it was
an instantaneous hit. In fact its
popularity We'd with that of the
famous one cylinder Oldsmobiles
that formed the theme of the
song.
But years bring changes. One
cylinder automobiles and slow
waltz tunes both passed out of the
picture. Syncopation and jazz
multiple cylinders, refinements
and automotive beauty o hole
the spot light.
Jean Goldkette, leader of his
Victor Recording Orchestra, re
called the old song as he visual
lied the automobile industry in its
present commanding position. He
decided to bring out a 1927 mode
of I'm Ny Merry Oldsmobile", ant
wrote orchestrations Of it in boil
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1927-10-21
BY PHILIP MARTIN

WELL, the golf season is over
over in so far as big time tour
naments are concerned and while
many a country club will have its
first tee studded with hardy men
clad in wind-breakers right up until
Thanksgiving, the year is all over,
except the shouting.
And many a locker room boy Will
tell you the shouting takes up
precious winter minutes.
1t takes time to give one a true
perspective of greatness. Many a
fan lining the curbs Of Rome wit
Messing Caesars return thought the
"big bum was just a lucky stiff
who sneaked over a sucker punch"
Bobby Jones is such a great
golfer that it will take many years
and many comparisons to set off
his brilliance. Like Christy
M~athewson, who was respected In
his early days and absolutely idol
ICED later on, Jones has most OF
his homage ahead Of him.
4
WHAT a golfer! He skipped to
England with scarcely "a hours
notice, competed against the most
l.s11so,& Gn1l oxar 0nf0rQd In the
open, shot a new record for Il holes
and came home with the champion
ship. Scarcely letting his irons
cool he dashed off to Minnikahda,
entered the U. S. amateur. reeled
off a 75-67-142 to capture the
medal and then %galloped through
the cream of Americas amateurs.
Jones has elevated himself to
such lofty heights that the mem
cries and names of golfng marvels
of the past like Ted Ray, j. H.
TAYLOR, Harry Vardon and all the
other gallant old sharpshooters
fades into the limbo Of forgotten
things.
THE Knute Rockne of the east.
4 That is what they call a pudgy'
smiling-eyed, freckle-faced young
fellow down here. His name is
Chick Meehan and he commands
more respect among the major
league coaching staffs of America
than any other young mentor in the
business.
Chick has a lot of common sense
stacked away with his football
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1927-10-21
HORSES

[ grey saddle horse, z yrs. Old, VT II5U
"a No. 1 good saddle horse)
[ bay pony, 6 yrs. old-a kid pony
[ grey gelding, s yrs. old, VT. 1850
bay mare, 10 yrs. old, VT. l25O
[ sorrel gelding, 7 yrs. old, VT. 1850
| bay gelding, 4 yrs. old, W.T.. 1900
[ bay mare, 5 yrs. old, W.T.. 1900
bay horse, W.T.. 1900
head of range horses
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1927-10-21

nice to be back again.
We enjoyed the Community fair
very much, especially the moving
pictures and exhibits.
The pupils having the highest
averages for the six weeks are
as follows: Lulu Hagen, 90; Rein
ert H~oyersland, 80; Clair Artz. IS;
Byrl Jacobson So, and Margaret
HOLDEN sc.
Clair Artz, Byrl Jacobson and
Van Moschelle were neither alb
sent nor tardy this six weeks.
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1927-10-21
FEED

400 blu. oats, more or less
400 bu. speltz, more or less
25 acre shock corn in the field. A No. 1
good corn harvested before the frost.
Bromus and alfalfa hay, 10 or Is tons
Sweet clover and rye hay, 20 tons more or less
To. mention.
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1927-10-21

brains. Here is an interesting thing
he has to say that may give you a
bit more tolerance the next time
the Order of Grandstand Coaches
is putting the rap on the local men
tor.
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1927-10-21

A number of Indiana politicians
must be wondering if they are
still in the hands of their friends.
-Terre Haute Star.
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1927-10-21

Poultry breeders of the United
States sold about 500, 600, 900 baby
chicks last year. Egg production
in the United States was at the
rate of about 760 eggs each Sec
ond. or 1000, 900, 600 dozen in the
year.
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1927-10-21
LOST

Mingrelgrun-I lost my biggest
creditor today.
Kohn-Has he died?
Mingelgrun-No; l was forced
to pay him.-Vancouver Province.
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1927-10-21

Z . Z Z <
Evening star., 1927-05-22
MOTORISTS WARNED
ABOUT LICENSE TAGS
Proper Attachment of Plates Often
Checked in Many
States.

In order to avoid any unpleasant
consequences, motorists are warned
to make sure their license plates are
attached properly to their cars as
many States at times carefully check
machines which have improperly fas-
tened license plates.
In recent check made by the
Pennsylvania State highway patrol
between Reading and Pottsville it
was found that four out Of ten We
hicles had license tags which were
not attached as prescribed by law,
according TO Benjamin G. Eynon, reg
istrar of motor vehicles of Pennsyl'
vania.
MANY Of the violations occur be-
cause of Ignorance of the law" Mr..
Eynon said. although in some cases
the cause is defective equipnent of
automobiles. Dirty, disf1gured or
otherwise illegible license plates pre-
sent one of the chief problems of the
bureau of motor vehicles"
The Pennsylvania highway laws
which may be taken as standard, de
rnand that registration plates be RIG
idly attached to the motor vehicl'
that they be parallel to the axle
and they may not be covered, OIL
scured, bent, altered or defaced. TIL
lower edge Of the rear plate mus.
be at least Is inches from the ground
and the rear light must illuminate the
plate so that it is plainly distinguish
able after dark.
Evening star., 1927-05-22

develop a case of valve sticking with
a new car simply by making too
many short runs and through exces-
sive choking. a new engine is not
hard to start. In fact, 1t starts quite
smartly, but it runs so silently that
many owners think it is balky and
soon stall it through an excess of
fuel. Gasoline runs down the valve
stem and carries off all the lubricant.
When the engine warns up the stems
are dry and sticking begins.
II heard you complain once or
twice about difficulty in starting and
I think that is entirely due to your
failure to be as up to date as your
car" / added, Don't you retard the
spark when you crank?'
OF course l do" he replied, falling
into the trap beautifully.
well. why do you do it? Don't
you know that your electrical system
is equipped with semi-automatic
spark advance and that when the
lever on the steering wheel post Is
pulled all the way down the spark is
still q long way from being fully
advanced? AS the engine speeds up
1t advances its spark automatically.
This means that 1t is unnecessary to
retard the spark at the steering wheel
when you crank because the spark al
ready is sufficiently retarded.
Cars Have Pecularities.
"Of course one should not assume
that all the things that happen TO
new cars are the result of ones own
mistakes or those of the dealer and
his service men. Sometimes there is
a little defect in some part of the
fhif1Cr that h9 -
been overlooked, / have just heard
of a case where a factory represent
ative was puzzled over the behavior
of new model he wanted to have
operate in the pink of condition. For
no apparent reason the engine would
stall and then start again. After n
careful examination they found that
there was a loose ball Of solder float
ing around the carburetor. Occasion
ally it would get into a critical posi-
ton and stop the engine.
"JuSt a slight change in the design
of car sometimes will cause trouble.
know of one case where the manu-
facturer changed the type of univer-
sal joints used. The fact that the
new ones required fabrication at an
additional point was not made known
to all the dealers and service stations,
with the result that when the place
went dry owners were complaining
of serious sounding noises.
THE new-car buyer should remem.
ber that every car is just little bit
different from all the rest and usually
the trouble that develops is some.
thing YOU must solve through using
your wits"
Lets pay the check and walk
around to where I've parked the car
said Smith. There's funny noise in
one of the wheels. Maybe we can
outwit it,