davidaulloa/AmericanStories huggingface dataset:
Douglas daily dispatch., 1927-12-18
BIosser

This was particularly apparent in U.
IS. Steel common and General Motors,
each of which ran up over 3 points
yesterday, but closed today at net
declines of 13s and u, respectively.
Greene -Cananea was again the SEN
sational feature in the copper group,
soaring 714 points to a new high record
of 1884, or more than 100 points above
the years low, but easing to 1904 on
realizing. New peak prices for the
year or longer, also were attained by
Anaconda, Chile, Calumet and Ari-
IONA, Nevada and international Nickel.
An increase in Pennsylvania crude
prices started heavy buying move
ment in the oil shares under the lead
erShip of Sinclair, which advanced "a
points to 81.
Mercantile stocks were in demand,
new highs being attained by Sears
Roebrck, Montgomery Ward and
Gotham Silk Hosiery. American inn
proved its best prices for the year,
stimulated by an enormous buying or
ders and sharp advances were scored
by other specialties such as Interna-
tional Nickel, Porto Rican Tobacco b
and Southern Dairy A.
The aviation issues were under rath-
er heavy pressure, Wright dropping
back more than 4 points and Curtiss
yielding about g. Strength OF New
York fractions featured the public
utility group.
Except for a further slight recession
in sterling exchange, cables on London
being quoted around $4.88 3-16, there
were no changes of Importance in the
foreign exchange market.
The weekly clearing house statement
showed excess reserve of $18,281 500,
an increase of $186,O0O above the week
before.
Aggregate reserve was $681 ,675 600.
The detailed statement of actual con-
ditions this day showed mixed changes.
Loans, discounts and investments in
creased $18,267,O cash in own vaults,
$6,22O,OOO, and reserve in the federal
reserve bank of member banks, $78,-
900. Net demand deposits dropped
$591 600 and time deposits $4,388,00o.
Douglas daily dispatch., 1927-12-18
STOCK PRICES
SWEEP UPWARD
in PAST WEEK

NEW YORK, Dec. II P-ReSpond-
ing. to the continued ease of credit
conditions and the generally optimis-
tic nature of the 1928 business fore
casts now being published, stock prices
swept forward in impressive fashion
this week. Buying centered largely in
the specialties at first, but soon spread
to the. seasoned dividend paying rails
and industrials, the average of 20
leading issues of the latter attaining q
record high price for all time.
Sharing financial interest with the
rise in stocks was the heavy export Of
gold during the week, including a ship
ment of $7,5O0,0O0 to England and
scattering amounts to Sweden, India,
Argentina and other countries. This
effluX lof gold aroused considerable
discussion because of its possible eff
feet on the money market. There was
no change in Gull money rates during
the week, call funds being in plenti-
full supply at per cent, despite the
enormous mid-month turnover of
funds.
In the stock market buying of steel
shares was influenced by the reports
of large inquiries for materials for
early 1923 delivery and unconfirmed
rumors of another stock split up in
u. S. Steel common. Coppers respond
ed to expanding foreign and domestic
business and predictions of higher
prices for the red metal. Oils, which
have been sluggish for the greater part
of the last four years, showed a Slight
ly better undertone on an increase in
Pennsylvania crude prices and legis-
lative action to restrict drilling per-
mits and check the flow of over-pro-
duction. /
Most Of the commodity markets were
reactionary. Wheat futures broke
about cents a bushel on reports of
increased Argentine offerings and i'm
proved crop conditions in that coun-
try. Cotton fluctuated rather errati-
cally and closed little changed on the
week, Moderate recessions took place
in coffee prices.
Douglas daily dispatch., 1927-12-18

lower; better grades showing full de-
cline; majority of slaughter cows Is
soc lower; choice heavy cows little
changed; bulls steady to weak; veal
erS $3.50 to So lower; Weighty calves
SOC to S lower; stockers and feeders
25c to SOC lower. Weeks tops, short
load yearlings $1,000; matured steers
1925; closing veal top 1000; bulk
prices on the close; fed steers 12.00-
1900; medium to good heifers 100
TBS; butcher COWS 625-80O; all cut
ters 4.75-5.75; stockers and feeders
8.50-1100.
Sheep non; for week; fat lambs un-
even, Csc to 81 lower; heavies off most,
closing top fed wooled lambs 1910;
late top natives 1880; weeks bulk de-
sirable weight fed westerns 12.25-13.15;
heayies down to 1900; natives mostly
,wooled yearlings 1000
1035; sheep stehdy; top ewes 6.60;
bulk 575 to 6,25; feeding lambs steady;
Colorado lambs 1850; bulk 11.75-12.25.
Douglas daily dispatch., 1927-12-18

virtually unchanged as compared with
a month ago, were based on state
naent credited to official sources that
the expected yield in Iowa is 100000
bushels over the November estimate.
Thus the Iowa production this season
would be about 4O0,O00,000 bushels. Ac-
cording to a prominent unofficial re-
port here this would suggest that
hardly any change would be made at
washington In the November eStl-
mate of total yield of 2,753,000000
bushels of corn this season through
cut the entire United States.
Inasmueh as in some quarters re-
ductiona of at least 50,000,000 bushels
was expected ito be shown by the De-
celnber official corn crop report from
washington as compared with Novem-
Der, bearish sentiment relative to corn
prices developed rapidly today toward
the last. Earlier the corn market had
an upward trend much of the time
owing to scantiness of rural offerings,
and as a result of firmness of export
corn bids at the Gulf of Mexico, with
sellers asking-1c a bushel over the
price of Chicago May delivery.
Wheat prices here averaged lower
early today, the Argentine govern
ment crop report indicating yield
larger than was looked for. Unof-
ficial advices, however, said the Ar
gentine government figures were too
optimistic. Accordingly, firmness of
Buenos Aires and Liverpool wheat quo
tations were reflected. here as the day
drew to an end.
Oats were governed mainly by the
action of corn.
For the most part provisions were
dull and prices little changed.
Douglas daily dispatch., 1927-12-18
other period in history.

QUIET JtIIOu All 1ltoCO1ys
The continued large demand for
foreign copper is partially caused by
The fact that British stocks of stand
ard copper are practically cleaned up
and are no longer in sufficient quaIlC-
ity to be used in a speculative way to
influence sales and price. 1t has been
= club to beat down the market but
with a reduction in British stocks of
over $4,000 tons during the past year,
it has ceased to have influence.
Much headline and front page pub
licity has been given recently to price
of foreign copper which is now 141a
cents yet this price has no more Signi-
ficance than the domestic price, as
the foreign price is nothing more or
less than the domestic price wit h
freight and insurance added as the
export price is f. o. b.. Hamburg or
other European base ports.
For those interested in mining
stocks, the real price of interest is
what the producer actually receives
and this is from B to A cent less
than the stock board quotations. There
is ordinarily * cent charge for brok-
listed on the board at 14B-1 it
means that these are the gross prices
and that most of the metal is being
sold at 141s gross or IA cents net and
that there have been some nliScellan-
eous sales (probably for small quanti-
ties) at the 144 cent price.
Custom smelters ordinarily make it
a practice to turn over their copper
promptly and, in order to make 1m-
mediate sales, the price which they
receive may vary from the market yet
it has its influence in that the quota
tions for the day as listed, show the
high and the low price received that
day without respect to the quantity
being turned over.
The lead price situation is little
different in that the quotation is set
as the contract price of the Amer
lean Smelling and Refining company,
vet there are always sales below that
price, depending upon the Willingness
of the producer to Immediately con-
vert metal into cash and the average
price actually received is always less
than the contract price
Fourteen cent copper is nothing to
get excited about just as long as the
mines are continuing to work at 65
to 80 per cent capacity, with its con-
sequent higher cost, in order to main
tain the price at that level The in
foreign demand, the lower
ing surplus and the rising price are
merely good signs particularly when
the advancing tendency is justified by
an improved statistical position Should
the copper producers increase their
output, the IA cent copper price would
last no longer than the proverbial
Even at the present price copper is
not high enough as only about 10 per
cent of the copper necessary to supply.
Douglas daily dispatch., 1927-12-18
GRAIN MARKET

CHICAGO, Dec. II (R-With the
Washington final crop report on corn
due late Monday, the corn market
today displayed much nervousness and
finally underwent a sharp setback.
Talk was current that contrary to re-
cent somewhat general expectation, the
November official forecast of 1927 corn
production in the United States, as
whole, would be reduced but slightly
if at all.
Closing quotations on corn were
weak, 5sc at 3-5 to 11sc net lower
Wheat finished firm at 1s at Il to lc
advance, oats shade to Ac off and
provisions unchanged to 80c down.
Assertions that the Forthcoming gov
ernment corn crop figures would be
Douglas daily dispatch., 1927-12-18

NEW ORLEANS, Dec. II R-Spot
cotton closed quiet, points up. Mid
ding 1910.
Douglas daily dispatch., 1927-12-18
COPPER SHARES
IN BIG DEMAND
ONN. Y. MARKET

Total stock sales l,60S,2OO shares.
Douglas daily dispatch., 1927-12-18
KANSAS CITY LIVESTOCK

KANSAS CITY, Dec. II (R-(U. S.
D. A)-Hogs 500, around steady with
Fridays packer market; no shippers
in. Top 80 on choice 100000 pounds;
few 14O-180 pounds 7.4O-7.80; 190-24O
pounds 785-805; odd lots packing
sows 675-735; average cost Friday
7.83; weight 231 pounds.
Cattle 800; for week; fed steers,
yearlings and fat heifers SOC to 81
Douglas daily dispatch., 1927-12-18
METAL Quotations

The average daily quotations for
copper, silver and New York lead as
carried by the Engineering and Mining
Journal for the week ending, Dec.
Is, are as follows Copper, 1896; Sill
yer, 1921; N. Y. Lead $50.
Douglas daily dispatch., 1927-12-18
COTTON MARKET

NEW YORK, Dec, II (H9--An open
ing decline in the cotton market today
was followed by rallies which carried
prices into new high ground for the
movement on active months, but after
selling up from 1878 to 1900, or -
points net. higher for. january, the
market reacted under realizing. Jam
uary. closed at 1888. The general
market closed steady, net 4 points
higher to point lower.
Spot quiet; middling 1915. Close:
January, 18.88-91.
March, 19O9-10.
May, 19.20-23.
July, 19.20-23.
December, 1898.
n1IIyLL- .1oI2I NC Doc II lRl-Sn0t
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-04
$I.65 to SI.95 Grades of
Silk STOCKINGS
$40

HH-sik, fuA-faShiomed hosiery
from one of the leading makers
Several hundred pairs of $1.o5
chiffon hose with plated soles and
lisle-lined garter hem, from. a we'll
known maker who decided to concen-
trate on fewer styles, and cleared out
all his surplus at interesting reduc-
tons. Augmented with like guam
tity of Our own $1.65 hosiery of me-
dunn weight, all silk with mercerized
soles and 4-inch garter welt. In. the
p1ost wanted color shades.
First Floor, Hecht Col
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1927-06-10
JAP NEWSPAPER
GIRLS Want TITLE
Are Insisting They Be Known as
Journalists

Tokyo, June 10 dP - Japanese
newspaper women in a land where
their sex is decidedly subjugated,
are insisting on equal rights with
men reporters. They bar the use of
the phrase sob sisters and de-
mand that they be referred to as
Journalists,
The Miyako, one of Tokyo's large
dailies, employs, three women re-
porters who do everything from
covering general news to writing
questions and answers columns.
Miss Mitsuko Makabe. besides be-
ing the star" of the staff. has the
reputation of being the best looking
woman journalist in Japan. The
other two staff members are Miss
Masako kobayashi and Miss Mat
srye Suda, both of whom write
fashions, education and home news.
The veteran of the women re-
porters is Shigeko Takenaka, of
the Asahi, who has been writing
for that newspaper for Is years.
Miss Takenaka recently returned
from an assignment to China where
she wrote a series of stories on
Chinese women. She is OF the
opinion that the women Of China
are more modern and far better off
than Japanese women are.
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1927-06-10
GASSING fruit TO
HOLD UP GROWTH
This Seems to Solve Transports.
ton Problem

London, June 10 UP)-"Gassing"
fruit to prevent its maturing too
soon. is the lat st experiment being
conducted by fruit shippers. in their
endeavcr to have their produce trav-
81 thousands Of miles without depre-
citation.
According to a recent report pub
lished by the department Of scien-
tifc and industrial research here, the
ripening process OF fruit is retarded
considerably by replacing the carbon
dioNide. part of the oxygen in the
air in which the produce is stored.
This, it appears. amounts to res
tricting the breathing activities OF
the fruit. which in turn. delays ma
turing: without. however, impairing
either the taste. appearance or the
length OF time during which it can
be displayed in ordinary atmospher-
ic conditions. Indeed. although
"gassed" fruit is prevented from
breathing normally during its stor-
age. as soon as 1t is brought out
Of its travelling quarters, it resumes
its normal course of development and
when displayed In the windows Of
fruit stores, keeps Just as we'll as
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1927-06-10
Portugal Invites All
Tourists Who Gamble

Lisbon, Portugal, June 10 Pt--
Gambling is to be taken under the
wing of the Portuguese government
in an effort to attract more tourists.
At the same time a See Portu-
gal First" campaign will be waged
in all countries.
l. Will be obligatory for all
casinos where gambling is exploit
ed 10 build first-class hotels SO
visitors can find all modern COM
forts and corvenisnces.
The State will establish tax on
the capital OF the gambling banks
and a percentage on the net profits
of each casino. All these revenues
10 the State will be applied to
works Of Public Assistance. includ-
ing funds for disabled workmen
and other help to the working
classes measures for developing
"Tourism." and to the propaganda
Of Portugal in other countries.
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1927-06-10

Bright velvet fiat purses in envel-
ope style are fashioned to accom-
pany evening attire.
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1927-06-10
spite the fact the pool has been
Ill

spite the fact the pool has been
giving oil for 20 years.
The average daily output of the
refinery is about ESQ gallons of
gasoline, a like amount of kerosene,
some ten barrels OF fuel oil and
around $50 gallons of lubricating
oil
The refinery won its malodorous
name from a town wit who visited
il on a day when a run of crude
oil with high sulphur content
and an offensive aroma was being
put through the stills.
Vert thinks he will be able to
retire in five more years and in
dulge his prospective hobby of
operating a model farm. He is I'M
married
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1927-06-10
NATURE Taking
CARE OF EXCESS
LaEton, Oklahoma, Refinery, Is
Peculiar One

.Lawton. Okla, June 10 R-Over-
head-significant OF close figuring
and apprehension in most industrial
enterprises-ooesn't even mean
roof over the Pole Cat Refinery.
For the Pole Cat a small crude
oil products mandatory located a
few miles east of here, has neither
operating expenses nor roof, and
the existence OF its TWO owners
may he described in army terms
rs the life of Riley"
The refinery is located in pot
made ideal by beneficent nature.
The crude oil it refines is produced
within a radius OF two miles. A gas
we'll 200 feet from the plant sup
plies sufficient fuel 10 keep ii in
constant operation without cost 10
its owners. A nearby artesian
we'll forces water into its boiler.
The output of the plant is sold on
the spot to tourists, farmers and
Lawton business men.
NJ. A. Vert, half owner, operates
the plant, keeps its books, waits on
the trade, acts as his own cook
and finds time to be a philosopher.
N. H. Stinnett, Wert's partner, rs
the purchasing agent.
Vert Is senior partner. Five
years ago, in broken health, he
abandoned a bank cashiers desk 20
take over operation Of the re-
finery. Today, despite his SO
years, his rudy cheeks and spark
ling eyes attest that his unique
venture has paid dividends in
health as we'll as in cash. ALFRED
IN a one piece overall suit and a
mechanics cap, he apologies TO
visitors for his appearance.
"a farmer neighbor shaves me
every Sunday when he's here"
Vert explained. Just now he's in
Jail for bootlegEng. SO 1 missed
my shave last Sunday
The refinery consumes the pro-
duction OF II oil wells in a shall
low pool east Of Lawton. While
the performance OF the field Is
modest in comparison with its SEN
sational gushing neighbors in other
sections OF Oklahoma Vert says
production has not decreased de-
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1927-06-10
Tennis Crowds Golf
As CAPITAL Snort

Washington up Uncle Sam.
who does quite a bit to keep the
thousands Of government clerks
here happy and healthy. has found
that, as far as outdoor sports go.
tennis Is overshadowed only by
golf in popularity.
This is the observation OF those
in charge OF public parks. in which
there are 50 public tennis courts.
A small fee Is charged for the use
OF most Of them, but the income Is
insufficient to pay for construction
and upkeep, so Uncle Sam obliging-
ly digs down into his pocket to
make up any deficit.
Although Washington tennis de-
votes think they are we'll cared
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1927-06-10
WOmen's Club Bans
Pacifist Applicants

Chicago, June 10-Ra dicalism and
paciflsm must be specifically dis
avowed hereafter by women who
seek to Join the Government club, a
Chicago organization formed to
promote among women more
practical knowledge Of the various
forms of government and to incul-
cate the true spirit of patriotism
and respect for law"
The club has amended its mem
hership application to include the
phrase, Il do not endorse commun-
ism, socialism or pacifsm.'
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1927-06-10
AlR-BUBBLE BREAKWATER

Princeton, n. j., June 10 Hp -
Philip Brasher, a Princeton en-
gineer, has perfected device
which he says will break the force
of the highest waves that pound
the Atlantic coast. Brasher's break
water consists OF low pressure air
compressor which feeds a flexible.
perforated pipe on the ocean bed.
Bubbles rising from the pipe break
the force of the waves. The inventor
reports that various tests and the
continued use Of the device to pro-
tect az pier in California have shown
it to be infallible.
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1927-06-10

for, u dozen additional courts are
to be provided. They are needed
to take care of the crowds early In
the morning before the work day
begins and late in the afternoon af-
ter government departments Close.
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1927-06-10
MEMORIAL TO GRANT

Vancouver, Wash, June 10 LP -
Cincinnatus, Roman hero, left his
pillow for triumphs in war, but Gen
eral Ulysses S. Grant had his plow-
ing experience while he was SOL
der.
Concentrating Grants blowing
days, while lieutenant at the
frontier fort here in 1858, tablet
has been placed at a spot where
he cultivated a plot Of ground to
raise potatoes TO augment the off,
GERS mess.
The plaque was donated by the
cadets Of Hill Military academy,
Portland, Ore. 1t was designed by
a Portland girl. Miss Doris Wild
man.
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1927-06-10
fruit which is transported according

fruit which is transported according
to the methods in vogue.
Although it is expected that the
new method will revolutionize the
transporting of fresh fruit over great
distances in the future. for the pres
ent, it is considered merely in the
light Of an experiment which needs
to be continued for some time be-
fore it becomes of practical value
to the trade.
Evening star., 1927-10-05
STATE OFFICIAL HIT.
BY DRY-LAW CHARGE
Indiana Attorney General, Follow.
ing Accusation, Admits He Pro-
cured Liquor for Sister, Ill.

By the Associated Press
INDIANAPOLIS, Ind, October s.
Evidence that State officials have
again disregarded the strict provisions
Of the bone dry" State prohibition
law ~ obtaining whisky for sick rela-
CVes was revealed yesterday. The
Wright law prohibits prescription OF
whisky by physicians.
Whisky obtained from friend In
Fort Wayne by Attorney General
Arthur l.. Gilliom was administered,
upon a doctors advice, to a sister of
the attorney general while she was in
serious condition following an opera
ton in Decatur, Ind, hospital, Gil
liom said
His statement followed word from
Decatur that G. L. Walters, Decatur
attorney and president of a Methodist
Sunday school class, was considering
placing the matter before the Adams
County grand jury.
Gilliom, who said he was told the
whisky was instrumental in saving
his sisters life, several months ago
petitloned Gov. Ed Jackson to recon-
mend to the next Legislature that the
State prohibition law be modified to
permit physicians to prescribe whisky
as medicine
AT that time the attorney general
disclosed that Mrs. Jackson had been
given whisky while critically i'll from
pneumonia. Gilliom, in the petition,
also revealed that he procured whisky
about year ago for his children who
were i'll.
Evening star., 1927-10-05
ASSOC|ATEDPRESS
VE|RAc|TY. PRAISED.
Proves Decency in Greatest
Demand, Says Head of
Catholic Writers Guild.
By the Associated Press!A


NEW YORK, October 5.-Proof that
the demand for veracity. decency and
Justice in writing is more in demanc
than the opposites has been found b;
the Rev. John p. Kelly, spiritual.
director of the Catholic Writer'S Guild
in dispatches of the Associated Press
Speaking before the guild last nigh,
he pointed out that the ''alarmist el@
ment" has become appalled, by tla
work of its own hand; the hand th;t
painted the younger generation in-
moral, the stage q market fC9
obscenity, the screen q medium thet
converts into cash the appetites of a.
racy and vicious public and the liter
ary market athirst for sensationalism.
The guild, he said, had made study
of the forces in America that mirror
the heart of the public. The profess
sional writer always had his market
before his eyes, and, without catering
to the baSest, is ever alert to serve
tn commodity for which he will get
the best pay.
Yet the professional writer has
learned. by the example of the As
sociated Press. among others, that 1t
is not the salacious and the sensa-
tional that has the greatest appeal.
"It is the writer's wares in the way
of reported news or individual COR
cepts in feature work that are sold
over the counters of newspapers,
books, screen or stage
organizations. And his Worl; IS taken
by the biggest Of all buying clienteles.
so that the class OF goods most easily
disposed OF should be an indication CT
the standards in tastes OF the general
public"