davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-31
TREND IS HIGHER
IN STOCK MARKET
Oils Move FractionaIIy
Wheeling incident Out of
Way. Motors Up.
BY STUART P. WEST.
Special Dispatch TO The Star

Special Dispatch to The star
NEW YORK, January 31.-The
stock market had exhibited toward
the close of last week signs of a
somewhat oversold position and while
there was nothing outside of techni-
cal conditions upon which to found a
rally, it was nevertheless felt to be
due. Buying, which was mostly in the
nature of short covering, showed at
The opening today in advances OF a
half point to a point. Some recession
occurred toward the end of the first
hour. but the buying movement was
later resumed.
The over Sunday news amounted TO
nothing and the market started on
the week confronted by the same con-
sideration which faced it during the
greater part of January. Diverging
views regarding the state OF trade ana
what the tendency was, were the chier
influence. Wall Street was looking Tor
more light on this subject, especially
upon whether the competitive feature
was growing, spreading beyond the
lines already known about.
The painful process of trying to add
quarters of a point to the valuations
of the oil shares was resumed. ran
American "B" furnished an eXcep'
ton. 1t disclosed quite bit Oh snort
covering. But the CnaHSeo AZ SUN
stocks as Midcontinent petroleum.
Marland and Phillips Petroleum were
trifiing.
Universal Pipe and Radiator prefer.
red and common were bid up ana
other stocks easy to move because OF
the small floating supply were driven
forward. These included Commercial
Solvents b, J. 1. Case and du Pont.
The motors were fairly strong because
there was a good sized short interest
to lean upon. Mack Trucks and Gen.
eral Motors were the leaders. Those
who have been committed to the short
side of Mack Trucks for some time
had plenty of paper profit left and EVIL
IDENTIFY decided to take 1t.
With the Wheeling incident out OF
the way, so far as any market erect
was concerned, less interest was taken
in the Junior rails. But New Haven
was quite an exception, going ahead
on a large turnover. For a long time
past, whenever New Haven has been
strong the rumor has persisted that
the road would be operated jointly by
some. of the transcontinental lines.
This, it is believed, would help both
,parties to the deal. 1t has been one
\ of the most interesting suggestions
of railway mergers. which has been
made.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-31
JANUARY BANK CLEARINGS SHOW
BIG GAIN OVER. MONTH IN 1926
Increase Of $4,221 ,52212 Reported for the
Period-New York Exchange Head
to Make Speech Here.

appearances here. 1t will be the first
speech the present head of the New
York Stock Exchange viii have given
In Washington and Is sure to arouse
unusual interest. ----..---~
Local Securities Again Strong.
Issues on the Washington Stock
Exchange opened the week strong.
Mergenthaler Linotype reached a new
high of Ill on a 20.share turnover
and Peoples Drug Stores preferred
was also very strong at Ill. which
is the high for the year. Federal
American Co. common sold at SO,
within a fraction of it's highest mark.
Washington Gas Light sold at 691a,
Railway and Electric preferred came
out at 90% and closed at 907s, and
Capital Traction advanced to 104A
on a 25-share turnover. Ten shares
of Riggs National Bank sold at 475,
a, decline from last weeks high mark.
The bond market was quiet, Wash
ingtone Gas SIS changing hands at 1OOA
and the SIS. Series B, moving at 104K.
President Robert n. Harper of the
District National Bank was shoWered
with flowers and congratulations
today, it being his birthday. The
banker said it was his twenty first.
It was the second time during the
present month that he has received
similar Fluctuations as many of his
friends were under the impression
that the thirteenth, instead of the
thirty-first was the correct date.
AS a sort of preliminary celebra-
ton. Mr. Harper gave dinner last
evening at the Racquet Club to the
officers, directors and all the EN-
ployes Of the District National Bank.
There were 81 guests present who
reported a most enjoyable evening.
Bank Joins Association.
1t was voted at the last meeting
of the Council of Administration OF
the District Bankers Association to
admit the Bank of Brightwood to
membership. In this connection it
is interesting to note that Ray l.
Scheiner, head of this institution, is
the youngest bank president in
Washington. The bank is also COM
para lively young but is enjoying d
very steady growth.
Kenly Predicts Heavy Traffic.
President J. r. Kenly of the At
lantic Coast Line sees a silver lining
in the cotton situation i'll the South
He says: There is reason to believe
that during the rest of 1927 traffic
in the Southeast will continue to be
heavy. Material progress is being
made toward financing that portion
of the cotton crop that will be ware
housed for future marketing. The
present situation may result in bene-
fitting the farmers position by bring
ing him to realization of the need
for better balanced system of agri-
culture"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-31
BY EDWARD C. STONE.

Washington bank clearings for jan
uary totaled $117,074,963.02, a gain of
$4,221,522.12 over the first month Of
1926. according to the figures report
cd by the Washington Clearing House
Association today. The clearings for
the same month year ago amounted
to $112,853, $4,000.
These figures are also way ahead
of January, 1925, when local clearings
reached $109 ,562. 616. the returns show
ing steady business expansion in the
Capital during a three-year period.
Great interest always centers in the
clearings for the opening month of
the year, and bankers and business
men will be highly gratified to note
the steady advance in the number of
checks cleared in the past 81 Days.
The figures are especially significant
considering the fact that many other
cities in the country have had sharp
declines in their clearings during the
past four weeks.
The gain of more than $4,000, 900
augurs well for the commercial life
of the city during 1927 although some
bankers say 1t is not wise to put too
much stress upon the clearings as a
business barometer The figures for
the month starting tomorrow will not
be as large, owing to the fact that
February is such a short month and
includes both the birthdays of Wash
ington and Lincoln. While Lincolns
birthday is not nationally celebrated
1t makes quite a difference with bust
ness.
Exchange President Coming Here.
Z. II. I'll. Simmons, president of the
New York Stock Exchange, will give
a talk in the auditorium of the United
States Chamber of Commerce F'ebru-
airy II, it was announced today by the
Board of Trade. All the bankers in
Washington have been invited to hear
this talk. The meeting is under the
auspices of the Board of Trade, and
President Il. c. Graham will preside.
Mr.. Simmons will take for his sub
ject, The Myth of American .Finan-
cial Imperialism" and it is expected
that he will have some very important
statements to make on foreign Sc
curities.
George B. Chapman. resident part.
ner of Hartman & Co, was instru-
mental in arranging for Mr.. Simmons
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-31
z & W. GRAND STORES,

NEW YORK, January 81 R.-Net
profit Of f. & w. Grand Stores for
l..5 was S6S2,184, equal after pre-
ferred dividends to $6.01 a share on
the common, against $635.SS5, or $5.55
q share in 1925. The years sales
were almost 100000 more than in
1925.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-31
POTATO MARKET STEADY

CHICAGO, January 81 R.-Pota.
toes--Receipts, ia cars; on.track, 24S;
total u. S. shipments Saturday, 500.
Sunday, 10; demand and trading i'm
proving, market steady; Wisconsin
sacked round whites. 2.00a22e, mostly
around 2.10; Idaho sacked Russets
2.70a9.S5, mostly 2.75a2 80.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-31
INSTANTANEOUS.
L. & N. PROFITS DROP.

NEW YORK, January 81. Cp).-De-
cember earnings of the Louisville and
Nashville We're smaller than a year
ago, gross revenues declining about
100000 and net operating income
$1,423.56s, compared with $2.227.090.
Net operating income for 1926 was
$27,0S9,319, against s26,s3s,e19 In 1925.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-31
COTTON GOODS STEADY.

NEW YORK, January 81 Especial
Cotton goods markets were quiet at
the start of the week. with prices gen.
orally unchanged. Print cloths were
quoted at &c for 64X60s and 7&c for
68x72s. Raw silks sold off cents in
a slow market. Grand Xxx at $5.95
topped the list.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-31
TRAFFIC DECLINES.

NEW YORK, January 81 R.--
Freight traffic on Canadian railroads
in the week ended January 90 declined
to 1858 carloads from 59128 the pre-
ceding. week, but exceeded the total
of year ago by nearly 1000 carloads.
Receipts from connections were 37,1S9
carloads against 33,431 the week be-
fore.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-31
Markets at a Glance

NEW YORK GP.-Stocks strong;
Canadian Pacific highest in IL years.
Bonds steady; French government is
sues strong. Foreign exchanges firm;
Spanish pesetas at new high. Cotton
barely steady; favorable weather.
Sugar easy; commission house selling
Coffee higher; European covering.
CHICAGO.-Wheat lower; disap-
pointing export demand. Corn easy;
larger country offerings. Cattle lower.
Hogs easy.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-31
PROFITS CLIMB.

NEW YORK, January 81 CP).-The
New England Telephone and Tele-
graph Co. earned SS.29 share on it's
stock outstanding in 1926, with the
net income of $9,f74,301. compared
with $4.72 a share in 1925, when net
income was S3,921 ,22G
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-31
Washington Stock Exchange

SALES.
washington Gas 5s-S500 at 100H.
Washington Gas 6s 80 ser $500 at
104n
Washington Gas Light-10 at CO.,.
Wash. Rwy. & Elec. pfd.-10 at 90%, 10
at 90b.
Riggs National Bank-10 at AS.
Federal-American CONF at 3d.
Mergenthaler-10 at Ill, 10 at Ill.
Peoples Drug pfd--20 at Ill.
AFTER CALL.
Capital Traction Colo at 104I4. ,
1O4 u 10 at 104 a
Money-CalI loans < and 6 per cent
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-31
VOTE ON STOCK INCREASE

NEW YORK, January 81 R).-
Stockholders of Puget Sound Power
and Light Co. will vote March or
a proposed increase in capital stock
By 100 900 shares of no par value pre-
ferred..
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-31
sTUDEBAKER DIVIDENDS.

NEW YORK, January 81 R).-
Studebaker directors today declared
the regular quarterly dividend of $1.75
a share on the preferred stock and a
dividend of $1.25 on the common stock,
both payable March l to stockholders
of record February 10.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-31
BUTTER rs HIGHER.

CHICAGO, January 81. CP.-Butter
Higher; receipts, 1882 tubs; cream
cry, extras, 50 standards. 49A; extra
f1rsts, 4Saa49; firsts, 46Aa471a; Sec
onds, 44a451a. Eggs-Lower; receipts,
1902 cases; firsts, 32ha33; ordinary
flrsts, 31a311a; refrigerator not quoted.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-31

NEW YORK, January 81 R.--
Crude oil production in California last
week averaged $4,000 barrels daily,
decrease of 1890 barrels daily from
the week before. The output in the
Los Angeles basin declined 1900 bar.
reals daily.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-31
FIsCHER'S PRICE INDEX.

NEW HAVEN, January 81 R).--
Prices, 145; purchasing power. 50;
January average, 1855 and 68.7;
crump's, 1871; average, 1878. Irving
Fisher.
Copyright. 1927
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-31
CALL MONEY STEADY.

NEW YORK, January 81 CP).-CalI
money steady; all loans, a; closing bid
A. Time loans steady; mixed collateral,
5000 days, Al; 4-6 months, An. Prime
mercantile paper, 4a4A.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-31
BUYING IS RESUMED
|NFORE|GN ISSUES
Some New High Marks Set in .
Trading Today on New
York Exchange.
BY GEORGE t. HUGHES.


NEW YORK. January 31.-Buying
of foreign bonds was resumed at the
start OF the week and prices of the
leading issues pushed through their
old tops and made new high records,
not only for the movements but Tor
all time.
Volume of trading was again large,
particularly in the italian govern
ments rs, where at one time there was
a bid in the market for one block o
$3.50, 900 par value. This was one o.
the issues that reached a record high
during the day. Another was the
Italian Public Utility Is which at 80
were up q of point from Saturday
close.
In the French list, French govern
ment 71as advanced a full point a.
liz where they too were higher
than ever before. responding to the
demand for -callable bonds.
French rs and French National
steamship Is surpassed their best
previous prices, the latter selling
above par.
Belgian IS Are Strong.
Belgian 61as got to 1O2 for the
first time. Brazilian 61ss touched 80
for gain of a half point and at
new maximum. Both series of An
tiouuia Is went through their pre-
vious highs. In short. the whole
foreign class was as strong as on
any one day since the present up
ward swing was initiated.
Interests in domestic bonds cen
tered about a few particular issues.
Among these the oils were con-
spicious. Barnsdall IS with war
rants ran up point with the stool.
and the bonds without warrants
made a record high above 81. Pan
American Petroleum IS were strong
and. there were heavy dealings IN
Sinclair Pipe Line 5s at higher prices
while the Sinclair Oil descriptions
improved fractionally.
Empire Gas and Fuel 612s, carrying
warrants for the purchase of Cities
Service common stocks at $50 PEI
share, sold up a point to the best
price on record. International Mer-
camille Marine SIS continued their slow
but consistent advance. There was
a heavy turnover in Central Leather
IS, one block of $780, geo par comlnG
out on the tape up fractionslly.
Warner Sugar Is Of 1899 regained
part OF ldSL week lOSS. Otf NtiC Othtt
hand. most Of the copper bonds were
heavy in sympathy with the marke,
for copper metal.
Junior Rails Irregular.
Junior rails were irregular. Nev
| Haven obligations were in good de
| mand and there was bank buying
| Missouri-Pacific IS, both series, OF
| their attractiveness as s 'rt-term in
vestments If the refundiIl,s plan goe:
| through. On the other hand, Chieag,
| and Eastern Illinois 5s and Chicago
| Great Western As were in supply
| around recent levels.
For most of the time the same wa
| true of the Fries. Strictly high-gradC
| investment issues also appeared e
have come to standstill for the
| present. This was evident in such
| typical bonds as Pennsylvania gen
eral 41as, Illinois Central 4As, Rock
| Island refunding As and. in the utility.
| group, American Telephone and Tele-
| graph sinking fund SIS. United States
Government bonds were dull.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-31
FEDERAL LAND BANK B NDs
,ouoted bv Alex Brown & Sons Closing,
sHoRT-TERM SECURITIES.
tReported by j. W. seligman & CO..

thcpoitcu y o. u ~ ScAb hihh q W.
c--Noon.-,
Alum Co. of Amer IS 1893. 1853. 1854
Am. Tel. & Tel. Go. A. 1929; 9S ~ 4SK
American Thread Co. IS 1928 101 - 102
Anaconda Copper is 1899. I0l i 102 a
Associated Oil IS 1885 -. 1924 i02A
Baltimore Ohio IS 1929. 103 q 102&
Bell Tel. of Canada 5s 1850, 10l = l02
Can. Nor. Rwy. Co. 4 Us 1885 g6A gSi2
Central of Georgia IS 1929. i02j u I02 n
Chi. Mil & st. Paul 6s 1894 103 4 I03%
Chile Copper conv. It's 1892. 110h 110h
City of Lyon IS 1884 49,. 81 974
Columbia Gas g. Ell IS 1923 1904 l00h
Continental q. & E. 5s 1927. 1905 l00h
General Pet Corp Ss 1883 19911 i l99ssH
Great Northern rs 1886, -. 1l3A ia
Hershey Chloe. Co. 5 II 1910 10l y l02
Hunt L. Oil 516s 1882. 49,. 102 q 102 II
Mass Gas Co 5%s 1916. 1913 u 104
Morris & Co 7l4s 1880. -. 103h 104
Y Airbrake list is 1928. I0l u I0l a
New York Tel 6s 1871 -. 1854 10S Y
Oregon Short Line As 1929. 9S1a oSA
P eres oil f. g "a f933 . -. 1o3 los j.
Sinclair G. Oil p C. 81 1928 l0I l01 y
Suu Pac r Co As 1929 gSs4 99h
Std Oil of n Y @ las 1888 los 1855
Swift & Co Sc 1882 % 99%
Union Oil Of Calf IS 1898 a93s 30 X
Union psc r. r c. As 1877 9ass a0Ts
tinted Z, p Co. 5Rs 1928 100 IOO%
II 81 Rubber g US 1923 l0lsk 1924
u. s. Smelling Co. 5 l%s 1898 102" 102 p
Wheeling Stl. Ger. las i94S 80 9S%
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-31
Bid and Asked Prices.
BONDS.
MISCELLANEOUS
PUBLIC UTILITY

chevy Chase Club S iss...... loo -.
3 Bot, e. J ehRsT Stock Coo Ma III sk 81: 1g GO
southern sbIQE. "a S.. %
Wardman Park Hotel 5bss' 81 90
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-31
Hourly Sales on n. Y. Market.
liam. 384.700 II n. 619.6OO
lp.m. $4,000 2p.m- 999, 100

are the annual cash payments based on the
latest Quarterly or half yearly declarations
Unless otherwise noted extra or special diV''
Unit Of trading less than 100 shares
= Partly extra Plus 10 in stock Pay.
able in common stock. Plus ESQ in
stock n Paid this year--nn regular rate.
+ Ten per cent in common stock, PAYABLE
2Hss quarterly. cPlus 81 in stock. d Pay.
able when earned. PAYABLE in cash or
stock Plus loo in stock. e Plus 1850
share in s5Gck b Plus 81 share IN speci:ai
In Glass stock: m Plus So in stock.
n Partly stock o Plus So In preferred stock.
Plus one-half Of common stock.
The Washington times., 1927-10-18
VOICE To RULE
MACHINERY
BY international News Service

-! INTERNATIONAL news ESFNhCo
LONDON, Oct. 1S.-An invention
has been perfected by an English
major whereby it is now possible to
vocally control, by means of wire
less transmitted electrical energy,
any form OF machinery.
Considered to he the greatest en-
cheering accomplishment of the
present day, this audible control"
promises to develop a wireless world,
in which trains, motor cars and
ships, as well as factory machinery.
will all work to the vocal command
of man.
Major Raymond Phillips. the in
Ventor, in demonstrating his system
used a model railway, and to the
amazement of those present spoke
to it as a trainer would to a highly
intelligent domestic animal. The re-
suit was even more astonishing, for
these little trains responded almost
humanity.
Standing before a microphone, the
Major shouted the sharp comman nd,
Ahead" and instantly the two
model engines. pulling four small
coaches each, began racing around
the miniature track.
AS the trains drew in sight of a
miniature station, he shouted, stop. e"
and the trains. with wheels grind
ing. slowly came to a stop beside
the platform. With the command
Back" the trains, slowly at first,
then gaining speed, reversed,
''The microphone is now so selec.
tive that it will disregard ordinary
conversation and react only to key
words" explained the Major.
When asked whether he believed
all trains could be worked accord
ingly, Major Phillips said, II do,
but not just yet.
A small railway could now be
controlled by wireless, but in the
case of a big system. with large
functions, we must first find a
method of preventing the wave
lengths from jamming each other"
The Washington times., 1927-10-18
DRINK WATER To
HELP WASH OUT
KIDNEY POISON

When your kidneys hurt and your
back feels sore don't get scared and
proceed to load your stomach with
a lot of drugs that excite the kid.
neys. Keep your kidneys clean
like you keep your bowels clean,
by flushing them with a mild, harm.
less salts which helps to remove the
body's waste and stimulates them
to their normal activity. The func.
ton of the kidneys Is to filter the
blood. In "a hours they strain from
IL 500 grains of acid and waste.
so we can readily understand the
vital Importance of keeping the kid.
neys active.
Drink lots OF good water you
can't drink too much; also get from
any pharmacist about four ounces
of Jad Salts; take a tablespoonful in
glass Of water before breakfast
eacn morning for a few days and
your kidneys may then at fine.
This famous salts is made from
the acid of grapes and lemon Juice.
combined with nthia. and has been
used for years to help clan and
stimulate clogge! kidneys; also TO
n6utralize the acids in the system
so Trey are no longer a sourcs of
irritation. thus often relieving blad.
der weakness.
Jad Salts Is inexpensive: cannot
injure: makes a delightful effer.
veScent lithia-water drink. which
everyone SHOULD take now and then
to help keep their Kidneys clean
and active. Try this; qlso keep
up the water drinking and NJ doubt
yen will wonder what became OF
your kidney trouble and backache.
The Washington times., 1927-10-18
X There is just
ONE THING you can do
to guard THE
DANGER LINE

RECENTLY, as the result
of an investigation which
included $4,000 practic-
Ing dentists, the dental
profession of America
made these statements:
~ Acids are the most frequent
cause of tooth decay and in
fscted gums.
(z) The most serious trouble
occurs at the place where
teeth and gums meet-kn0wn
as The Danger Line.
90 The best product known to
neutralize acids in the mouth
is Milk of Magnesia.
It is obvious therefore
that if you are to guard
against the threat of de-
eayed teeth and infected
gums you must prevent acid
decay. And as you cannot
scour the acids away, there
is one way to protect your
self use a dentifrice
that will neutralize them.
Squibb's Dental Cream
The Washington times., 1927-10-18

For checking a forest fire a
powerful tractor drawn plow has
been invented that can be pulled
across its path, uprooting all vege-
tation and leaving a fireproof swath.
The Washington times., 1927-10-18

brings this protection. It
is made with more than 500
Squibb's Milk of Magnesia.
When you brush your teeth
with it, tiny particles of
Milk of Magnesia are
forced into every pit and
crevice where acids form.
There they remain to safe
guard your teeth and gums
for a long time after use.
Start now to protect your
teeth and gums correctly
especially at The Danger
Line. See your dentist reg
ularly and use Squibb's
Dental Cream. 1t cleans
beautifully. 1t relieves SEN
sitive teeth and sore gums.
1t is safe for everyone. Q lSE
The Washington times., 1927-10-18

ADVERTISEMENT
The midland journal. (Rising Sun, Md.) 1885-1947, 1927-01-21
Laying Out Highways
for Enjoyable TraUcl

In the United States we do not have
the settled, definite conformings of
rural beauty to be found in older coun-
tries, save, perhaps, in the environs of
our oldest cities. Ours is more a prob
lem Of controlling development than
Of preventing destruction. Land own
ers along the highways could and
should, by agreement, even for selfish
reasons alone, bar that which detracts
from the enjoyment of highway travel.
When settlements are laid out, even
IL 1t Is only a little crossroads bust
ness center backed by a. few resi-
dences, there should be cooperation
for order and beauty. The values Of
the land, Of the business, of the homes
and OF the vacant ground would be en-
HANGED. The orderly, restricted de-
vel0pment OF numerous community
centers within Kansas City illustrate
this point. Other things being equal,
NIL the values ia and about such GEN.
iers are much greater for the stand
ards maintained. Helter-skelter policy
never rewarded anybody for anything
kansas City Star.