davidaulloa/AmericanStories huggingface dataset:
Evening star., 1927-09-14
BULLS R0UT BEARS
IN CURB DEALINGS
Rise Aggressive in Special
ties, Oils, Utilities and Min
ing Shares Today.
BY WILLIAM f. HEFFERNAN.
Special Dispatch to The Star.

NEW YORK, September 14.-In.
dustrial specialties. public utilities
oils and mining shares on the Curb
Market took their cue from the action
of related issues on the Stock Exchange
today. Operations for the rise were
carried on aggressively in all groups.
If there had been any thought that
the campaign for higher prices had
oyerdiscounted conditions in the
money situation and in industrial
activity, it was not reflected in the
manner in which the main body of
stocks responded to the continued de-
mand.
Notwithstanding the advance that
already has occurred in BanCitaly
shares following the recent stock divi-
dend declaration, they were carried
up sharply into new high ground
under the present share capitaliza-
ton. Concerning the future dividend
policy, it is understood directors have
left this question to. be determined
by the president of the company and
that announcement along this line
will be forthcoming shortly.
Current activity and strength of
Gillette Safety Razor was accom-
panied by the report that application
Is 10 ne maze 10 lISL tuG SIldlSS on
the Stock Exchange. The shares at
present have a market in Boston and
London as well as on the curb.
General Fireproof common was bid
up s points to new top at 80. Re
ports that earnings have been running
at rate to justify dividends larger
than the present SIS annually was a
factor in the speculative calculations.
New York Central new sold at the
highest since trading started in the
issue move sympathetically with the
old shares on the big board New
Haven new preferred gained a point
at one time and Pittsburgh & Lake
Erie shared in the improvement.
Shares of companies engaged in the
rayon and related industries stood out
strongly, with Celanez first preferred
up 2 points to a new top. Celluloid
new gained a like amount to it's best.
High-priced specialties were featured
by an upturn of almost 10 points in
Realty Associates when it changed
hands at 313. Because of the small
floating supply it was not a difficult
matter to bid the price up sharply.
There was noticeable scarcity of
offerings when the demand increased
for leading public utilities. American
Light & Traction led the group, with
American Gas & Electric following.
Northern Ohio Power reached it's best
figure at 1512 and Lehigh Power was
prominent among lower-priced issues
Evening star., 1927-09-14
EVERYMAN'S
INVESTMENTS
BY GEORGE T. HUGHES.
Another Gary Axiom.

Another clause in the will of Judge
Gary Is deserving Of particular con-
sideration by every investor. The
judge tells his heirs that they should
reject any representations or opinions
of others IL involved in any doubt.
They will be approached frequently
with suggestions for investment that
are not entitled to be relied upon from
a business standpoint, Now Judge
Gary's will did not state the total
value of the estate, but it is safe to
say that it was larger than that of
any one who is likely to read this
article. Trust funds of 100000 each
were established for his daughters
One would imagine that the heirs to
such a fortune would be we'll able to
protect themselves. They of all would
be least apt to take chances in invest
ment matters, but the judge does not
seem to have reasoned that way
1t is not so many years ago that
head of another one of Americas s
great Industrial corporations left the
admonition in his will to his heirs not
to try for more than 5 per cent on
their investments. Anything more
than this involved risk, this man
warned. .....,.'-.
great wealth comes are in need of
advice OF this kind, how much more
should it be needed by those who have
only small means, the loss Of which
would mean disaster. Moreover, the
men who gave this advice of con.
seryatism were well acquainted with
the opportunities for making money
and just as well acquainted with the
chances of losing it.
Judge Gary emphasized the neces
sity of caution in accepting the opin-
IONS OF others on investment matters.
lie did not suggest whose advice on
these subjects he would be willing to
nave taken and it is difficult to SUP.
plement his words on this point
ABOUT all we can say is that the
investment adviser to listen to is the
one who has won the title Of expert
by years Of experience. This cuts
out at once all the well.meaning rela.
tlves or friends who have no other
qualification than their Relationship
or friendship.
Evening star., 1927-09-14
RAW SUGAR UNCHANGED.
Futures Market Receivers From
Early Setback on Notices.

NEW. YORK, September IA CP.-
No changes occurred in the raw sugar
market early today( with buyers and
sellers still apart. and in absence of
new business prices remained un-
changed at AT for Cuban duty paid.
The issuance of IL September
notices caused little liquidation early
IN raw sugar futures and opening
prices were 2 points lower to 1 point
higher. The notices, however, ap.
peared to be stopped promptly and on
renewed covering and. trade support
the market rallied. It regained all
early losses and at midday was un-
changed to points above the pre-
vious close. The steadiness Of the
spot market and private advices from
Cuba intima ting that President Ma
chadO may announce something def.
mite relative to the restriction plan
early next week were responsible for
the upturn.
Refined prices were unchanged at
$50 to 600 for fine granulated, with a
moderate business reported both in
the way of Withdrawals and new
orders.
Evening star., 1927-09-14

crates, washed. 3.00a3.50; full crates.
washed, 4.00a4.50; few higher.
Grapes-Supplies Of Western stock
moderate; demand good, market about
steady; California, Jugs Thompson
seedIess 1.50a1.75; Malagas, 1.75a2.o0:
Flame Tokays, 2,25a2.75; supplies Of
Eastern stock moderate; demand slow,
market dull: Delaware and Maryland,
12-quart climax baskets, Concords.
best, 60a65; ordinary condition, 40a50.
Virginia, 6-basket crates, Concords,
mostly 1.50.
Lettuce-Supplies liberal; demand
slow, market dull; Colorado, crates,
Iceberg type, AS dozen, best mostly
around 800, generally good quality;
fair condition, some dirty, 2.00a2 so;
New York, 2-dozen crates, Big Boston
type, best, 60a75: ordinary quality
and condition, low as 25.
Onion Market Steady.
Onions-Supplies moderate; demand
slow, market steady: Ohio, Indiana
and New York. 100-pound sacks yell
lows, u. S. No. /, 2.00a2.2S; Ohio.
100-pound sacks whites. U. S. No.
1, 2.75.
Peaches-Supplies liberal; demand
slow, market very dull: Pennsylvania,
bushel baskets Elberats, large size
mostly 200; few 2.25; ordinary to poor
quality and condition low as 100;
medium to small size, 1.00a1.50: ordi.
nary condition, 60a75; New Jersey,
bushel baskets Elbertas, medium to
large size, wide range quality, LISA
1.75.
Pears-Supplies moderate; demand
good. market steady; California, boxes
Bartletts. No. /. green, 3.50a3.75; few
f1 n. nn1O n.
no sales reported.
light, market dull; Colorado, 45.pound
| crates, fair to ordinary quality and
| condition, 3.00a3.50; few fancy high
as 500.
Potatoes - Supplies liberal; de.
mand rather slow, market steady:
| L. 5. No. l, New Jersey, 150-pound
sacks Cobblers, mostly 400; Pennsyl.
vania, round whites, 150-pound sacks,
| 3.75a4.00; 120-pound sacks, 800: East
! Shore Virginia and East Shore Mary.
! land, cloth-top stave barrel, Cobb!ers,
| few sales, mostly 400.
/ Sweet potatoes-Supplies moderate:
| demand slow, market very dull; Vir.
ginia, cloth-top barrel yellows, No.
l, 2.50a3.00; ungraded, 1.50a2.O 90; New
Jersey, bushel hampers big stem
Jersey, No. !, mostly 125.
ucumbers-Supplies light; dema nd
light. market about steady: bushel
baskets, large size, New York. mostly
200; counts mostly around $50.
Tomatoes-Supplies of homegrown
liberal; 1s.bushel hampers, 24a4O.
Corn-Supplies of homegrown mod.
crate; 5-dozen sacks, 75a1.0O.
String beans-Homegrown supplies
moderate; bushel baskets, 50a75; few
| higher.
Evening star., 1927-09-14

losing. Organized prevention re-.
suited. They gained the co-opera-
ton Of the insured by rewarding
such cooperation with lower in
surance rates.
This principle is still being fol-
lowed and supplemented. Preven-
ton of burglary, for example, has
taken the form of alarm and patrol
systems. the crooked work of the
forger is held in check by check
writing machines and special papers
Even the pay roll bandit has been
hampered by cooperation of banks
in making possible convenient pay
ment by check. Efficient credit men
have done wonders in eliminating
credit and merchandise swindlers.
Evening star., 1927-09-14
PRICES ARE STEADY
IN LOCAL MARKET.
Wholesalers Report Some
Vegetables Are Lower, but
Most Foods Are UNCHANGED.

wholesale market price quotations
remain the same generally TODAY as
they were yesterday. With a slight
tendency toward still further decreases
in vegetables and a very small de-
crease in a couple of grades of pork.
Carrots are selling from so to rs
cents a bushel, which, according to
market dealers, is less than half of the
normal price for this time of the year.
Green peppers, usually $1.00 a bushel
are selling at Is cents a bushel.
Shelled lima beans continue to sell at
from IS to 20 cents a quart; old style
spinach. so cents crate; New Zeal
and spinach, 25 cents a crate; good to-
matoes, % to Is cents a bushel: lima
beans in the pod, from S1.00 to $1.50 a
bushel; apples, $1.00 and S1.25 Q
bushel; string beans, so and IS cents
a bushel; eggplant, so cents a crate,
and radishes, $100 a hundred punches.
Pork loin, quoted yesterday at 35
and Sc. is selling today at 34a35. while
Smoked hams, quoted yesterday as
selling generally at 26 cents a pound,
are going today at 25a26.
Eggs remain the same, with the ex-
ception of current receipts, going to-
day at 36a37 in place of 35a36 as yes
terday.
TOday's Wholesale Prices.
Other prices are quoted as follows:
Fresh butter. one pound prints, 46 II
a47; tubs, 45a46; store-packed, 2Sa30.
Eggs-Fresh, selected, 3Sa39; hen
merry, 40a42.
Poultry, alive-Turkeys, hens, 30
toms. 25; hens, small to medium, 23a
"a; large, 25a26; Spring chickens, 28;
roosters, 15a16; ducks, 1Sa20; keats,
young, IS; old, 35.
Dressed fowl-Turkeys, 3sa40; Spring
chickens, 32a33; capons, fancy, heavy,
39a40; smaller, IS; ducks, 25; keats,
80a90. 4
Veal, dressed, 22a24 a pound. lamb,
24a27; fresh hams, 23a25; live lambs,
13a14; live calves, IA: smoked shoulder.
1S; fresh hams. 24a25; fresh-killed
beef, 1Sa20.
Fruit and Vegetable Review.
Today's market report on fruits and
vegetables, compiled by the Market
News Service, Bureau of Agricultural
Economics, says:
Apples-Supplies moderate; demand
slow, market slightly weaker: bushel
baskets. Virginia, 212 inches up
Northwestern Greetings, u. s. No.
], mostly LIS. Delaware and Mary
land, 21a inches up, Grimes. U. S.
No. 1, 1.75a2.00. Virginia, Delaware
and Maryland, various varieties. un.
graded, 75a1.25; few 1.50. Boxes.
Washington combination, extra fancy
and fancy Winter Bananas, large to
very large size, 3.75a4.00.
Cabbage-Supplies of homegrown
liberal; New York supplies light; de-
mand slow, market dull; New York.
S0-pound sacks, domestic round type.
few sales, LOO; homegrowns mostly
supplying the market.
Cantaloupes - Supplies moderate:
demand fair. market about steady;
Colorado, salmon tints and pink meats,
jumbo 36s, 2.00a225; few $50; stand
ard 36s and ASS, 1.75a2.00; jumbo
flats, 12s, 100; standard flats, 12s,
75c. Maryland, pink meats, jumbos
36s, 200; jumbo flats, 9s and 12s. GOA
100. Honey Dews-Supplies light;
demand good, market firm; Colorado,
standard crates. IS and 9s, 2.50a275.
Celery-Supplies moderate: demand
fair, market about steady; New York.
2-3 crates, 2.25a2.50; mostly 2.25; %
Evening star., 1927-09-14
90 PER CENT STOCK DIVIDEND,

NEW YORK. September ii R. -
Directors OF the United Shoe Machinery
Corporation Of Boston cut a melon for
common stockholders today, author
izins a stock dividend of 20 per cent
with an extra dividend of 81 share
in addition to the regular quarterly
disbursement of 62h cents a share.
All are payable November 80 to hold
ers of record September 20. The reg
ular quarterly of 371a cents on the
preferred stock was declared
Evening star., 1927-09-14
LOSS INSURANCE
TO REACH BILLION
Huge Sum to BuIWark Ma
tion's Business Against the
"InvisibIe Items"
BY j. C. ROYLE.
III " Vt ~ U n &@1
Special Dispatch to The Star.


NEW YORK, September 14-This
is billion-dollar country, according
to the late Uncle Joe" Cannon, and
business is going to spend over a bill
lion dollars in 1927 to keep it so. That
means it Is going to spend billion or
more in loss prevention and to pro-
mote safety and health. This figure
does not take in the amounts spent in
health measures and crime prevention
by State or local governments, but
represents only the expenditures of
corporations. either direct or through
organizations formed for the purpose.
The yields from this investment
are mostly what are known as Gin
visible items" but there is no doubt
that the expenditure of such a huge
sum will save far greater amount.
Business men and insurance stats.
ticians estimate the saving is at least
10 times the investment in prevent
ing disease, accidents, fires and
crimes. Those who have made deep
study of the annual losses Of the
country due to preventable causes say
the estimate is not unreasonable.
Fire and Crime Losses.
1t is not possible to state even ap-
proXimately the losses due to sickness
and accident, but the approximate an
nual losses from fires and crimes
show a total Of $3.50 100000, Of
which crime accounts for $Gi,040 ,O00.-
600. The combined total represents
.007 per cent of the total bank clear
ings of the country for the year.
The fire losses are only .001 per
cent of the combustible wealth Of the
oln fHok
fire prevention has made far great
er progress than crime prevention.
The need for crime prevention is
shown by the figures segregating the
losses each year. Stock, merchandise
and credit frauds account for 81, 1885,
100000. Robberies, thefts, hold-ups,
embezzlements and insurance frauds
amount to about $575 100000. For
geries and altera tions of checks and
negotiable paper cause 100000, 900
in losses.
The fact that the percentage of loss
from crime causes is SO low gives
some idea OF the effectiveness of
prevention methods and explains
why business men do not hesitate to
devote huge sums to this purpose
Nevertheless, losses have been grow
ing each year. This is not through
HUN VI SIGCIlNEIl6SS III DEGN6ntIOn,
but is due to the rapid increase in ma
tional wealth.
AS is natural, the foundation on
which the main structure of the pre-.
ventive campaign is built is insur-
ance Fire insurance has been a fea.
ture Of business life for generations
and casualty and crime prevention
insurance is growing rapidly. Insur
ance men say the solving of the prob
lem is a question of education.
Build Protective Walls.
In the infancy of insurance, before
actuarial science put it on business
basis, it was largely a sporting prop
osition. The insurer, for a premium
and a good stiff one-bet the in
sured against hazard of loss to the
latter, and then blithely left it to
chance to decide whether or not he
would win the bet.
SO often were the insurers called
on to pay that they began to supple
ment the yagaries of fortune with
methods to reduce their chances of
Evening star., 1927-09-14
Washington Stock Exchange

SALES.
Pot. Elec. pfd. 54s--5 at 1929. 5 at
Wash. Gas Lt--10 at 77k.
q, Wash r: Z. pfd-10 at 92h. 10 at
10 at 90. 10 at 931 100 at 94. A' ''' :" :
Goml Natl Bk.--10 at 265.
Fed, io. Amer aer n Rk.-75 m at 3335; at 335.
Continental Tr. Co.'s at 127. 5 at 1877
Pos ; AZ . 127. 10 at 1271a. 10 at 12s. 20 at
.Mergenthaler Lin.--1O at 11O4. 20 at
110A. at 11oh. 10 at 110h.
AFTER CALL.
Com'l Natl Bk-1O at 26S.
Cap. Traction 5s--$500 at 1921.
Wash. Gas IS 'B'-S10O at 103h
i,Continental Trust Co.-1O at 129. 10 at
Riggs Natl Bank-1o at sos. 2 at sos.
10 at 500
Money-Call loans 5 and per cent.
Evening star., 1927-09-14
RUBBER ADVANCES

NEW YORK, September IA (Spe-
ciaD.-Crude rubber, smoked ribbed
sheets. advanced Is at today's noon
quotation of 34A. This compares
with 36B a month ago and 40A a
year ago.
Evening star., 1927-09-14
BUYS PACKING PLANTS.

NEW YORK September IA R).-
Sterling Packing Co., controlled by
the California Packing Co, has ac-
quired the fruit and vegetable plants
Of the ViTden Packing Co. IL
Evening star., 1927-09-14
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star Office

Following is the list of bonds and
stocks traded i'm on the New York
Curb Market today:
Evening star., 1927-09-14
GERMAN BONDS AND STOCKS.
lReported hy J. & W. seligman &col

BY Special Leased Wire TO The Star.
NEW YORK, September IA
tQuoted in dollars per million marlss.)
Ger ct (war In 5s 19l4-1s $500 $500
Hamburg X s 1919 5000 75 90
Evening star., 1927-09-14

Reconstruction of the air port at
Croydon England, will be completed
Evening star., 1927-09-14
BONDS.
Bid and Asked Prices.
MISCELLANEOUS.
PUBLIC UTILITY

Barber & Ross Inc. 61ss. 96as
Chestnut Farms Dairy 6 12s.. 1854
Chevy Chase Club 52s..... ) 10I
D. c. Paper Mfg. Gs. ....... 93h
Pot. Joint Stk. Id Blk. 5s.. 10l
Southern Bldg. 6hs... 104
Wash. Market 5s 1898. 941s
Wardman Park Hotel 512s.. 96a
Evening star., 1927-09-14
STOCKS.
PUBLIC UTILITY.

Amer. Tel. & Telga. ...... 178
Capital Traction. ..... 106 10
Washington Gas ... II r
Norfolk 4 Wash Steamboat. 300
Potomac Elec. pfd. 51as.... 1921 10
Potomac Elec pfd 6s :. 109L
Wash. Rwy. & Elec. com. :. $50 2S,
Wash. Rwy. e. Elec pfd " 93% 8.
Evening star., 1927-09-14
Other Financial Notes.

Charles b. Lyddanc, vice president
of the American Security & Trust Co,
is passing his vacation at Hot
Springs. Va.
President John Poole of the Fed
eral-American National Bank was pre-
vented at the last moment from at
tending the national advertising CON
vention at West Baden, Ind. He did,
however, send "a large advertising
exhibit.
A large attendance was expected Mt
today bankers luncheon at the Will
lard, as all the officers Of the asocia-
tion are now home from their va.
cations.
The Acacia Mutual Life Associa-
tons outing yesterday at the Manor
Club was n complete success, swim
ming, tennis and golf being the
features.
j. A. w. Iglenart & Co. win offer
tomorrow new issue Of $3.50. 900
Security Bond & Mortgage Co. first
mortgage per cent collateral trust
gold bonds, to be known as series u, y
at 100, to yield per cent.
Evening star., 1927-09-14
Mrs. Minar Guest of Honor.

Mrs. Ruby Lee Minar will be a
guest Of honor and speaker al the an
nual dinner for Washington bank
women given by the women's ccm-
mittee, Washington Chapter, Amer
lean Institute Of Banking, at the
Womens City Club on September 10.
Mrs. Minar is one of the pioneer
woman real estate operators in Wash
ington, bank director and a member
OF the Virginia Real Estate Board.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1927-06-10
$4,000 BELLS IN U. s.
TINKLING EACH MINUTE

The number Of telephone converse,
lions varies considerably from hour
to hour throughout the day. The
greatest number occur in the morn
ings and afternoons, and they fall
away to almost nothing during the
small hours OF the early morning. Yet
II all the calls in the United States
during 1926 had been evenly distrib-
uted throughout the day and night,
there would have been more than 49,
900 telephone conversations begun
every sixty seconds.
On the same basis an average OF
81 400 would have been disburssd
every minute for the operating ex.
ppnses involved IN caring for the IS,
900 telephone calls. and Of the above
smount the telephone industry would
haye been busy paying $3.50 minute
tnto the public treasury in the form
Of taxes.
Unfortunately tbs business world
does not carry on, smoothly and even
iy, all day and night The telephone
industry must maintain a huge sys,
tenn to care for the peak loads that
come around ten In the morning and
I three ~ fhn sf-s.s-s. e
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1927-06-10

In this age OF miracles there seems
to be no limit to what science can
accomplish The question is con-
stantly arising, what will be the next
startling scientific event"
or late, it has been very noticeable
that the communication branch OF
science has been outstanding in its
achievements. In fact, greater ad-
vances have been brought about in the
transmission of speech in the last ~
years than in the previous 1900 years.
Now every indication points to the
fact that universal world telephone
service is a possibility at a no great
distant date
Late achievements in communica-
ton have been transatlantic radio
telephone conversations followed close
ly by the transmission Of images Of
persons over telephone lines while con
versations were actually in progress.
A few years ago when pictures were
first transmitted from one point to
another over long distance lines, peo-
pie predicted that science had reached
its limits in this direction, but now a
person talking over telephone in
Washington has actually been seen, as
VOL rs heard in New York.
For wears the comic artists have
pictured people as describing articles
over the telephone One of the time
honored Jokes of the comic sections
Of newspapers has been that of the
absent-minded man who walked off
with his hosts umbrella On being
called by telephone, he holds up the
umbrella and asks, 'Is this the one?
Now that television has become an
accomplished fact this standard joke
will loose its popularity, for it is now
possible, not only to describe, but sec
lost articles by telephone.
Television. meaning far vision, has
recently been demonstrated to audi
ences in Washington and New York
At the initial performance Herbert
| Hoover, Secretary of Commerce al
Washington, talked to- and was seer
as we'll as heard by Walter s. Clifford
president Of the American Telephone
and Telegraph Company, and an audi
ence Of engineers, scientists and news
paper men in New York City.
At the opening of the demonstration
President Clifford in addressing thos,
present said in part, To-day, we arr
witnessing another milestone in thu
conquest Of nature by science. W,
shall see the fruition of years Of stud
on the problem of seeing at dlstanc
as though face TO face The principle
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1927-06-10
PARROT TELLS FAMILY
WHEN TELEPHONE RINGS

A parrot that heeds the telephone is
reported from Long Island.
Milora is the name of the pet who
notifies her mistress when the tele-
phone bell rings. She belongs to Mrs.
Elizabeth F. Staines, of Long Island
City. and II Mrs. Staines or no other
member Of the family is nearby when
the telephone rings, the parrot cries
Telephone. telephone" until someone
responds. While the telephone con.
versation is in progress the bird re.
mains quiet, but whom It has ceased
Mrs. Staines always says Thank you
Milora," to which the parrot inyaria
bly, replies "oh. that's all right"