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Rassvet = The dawn., 1927-11-25
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Rassvet = The dawn., 1927-11-25
vPkG BET"
TIE DAWN--AASSVEET

A Rasl,nn Daily Newspaper, Published
sVSry say, except Sunday, by the Di
rsGsOriAso OF kasaiAa Trades UaiSR 81
6he UE,sad States Of A&STisa and
CunAdA.
Rassvet = The dawn., 1927-11-25

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Evening star., 1927-07-04
MARYLAND LEAF TOBACCO
RECEIPTS AT HIGH MARK
Weeks Report Shows Increase of
1898 Hogsheads Over Fig
ures of Previous Week.

Special Dispatch 10 The Star.
BALTIMORE, July 4.-Receipts of
Maryland leaf tobacco last week were
the largest of the sea ason, totaling 1870
hogsheads. while sales also showed an
increase being 1898 hogsheads, COM
pared with 1,045 hogsheads the previ-
Gus week.
Under active demand prices were
very strong and some fancy seconds
brought 40 cents and over while
few fancy hogsheads Of leaf brought
san cents.
Quotations today for Maryland leaf
tobacco per 100 pounds:
Interior, 300a4.00; frosted. 3.00a
400: sound common and greenish,
e.00a1400: good common. 15.00a24,00
medium, 25.00aS4.00: good to fine red,
35.0Oa52.o0; fancy, $500: seconds, COM
mon TO medium. 4.00a20.00; seconds,
good to fine, q 1.00a35.00: upper coun-
try, air cured, 3,O0a25,00; ground
leaves nominal.
Evening star., 1927-07-04
WEEKS MOVES PULLING.
New Highs and New Lows Give
Sideways Aspect.
Dy the AssOciated Press

BY the AssOcIated Press
NEW YORK, july 4.-price move
ments in most of last weeks finan-
cial and commodity markets failed to
give any indication of definite trend,
due to the customary extensive mid
year readjustment of speculative ac-
counts.
Stock prices in general moved side.
ways, although number Of new high
and new low records were recorded.
In the equipment group, for instance,
Baldwin SCARED to a new high, while
American Car & Foundry sank to the
years low. Trading appeared to he
largely of professional character.
with little evidence of either any ex-
tensive liquidation or accumulation of
stock purchased for investment.
Evening star., 1927-07-04
UNDIGESTED SECURITIES CHECK
ACTIVITIES IN BOND MARKET
Low Yields on Some Stocks Also Vital
Factor In Rather Unsettled
Outlook.

half of 1927. one may see possibilities
of great Importance to international
finance i'm the conference that Will
begin in this city next week between
the representatives of the Bank Of
England, the Bank of France and the
Bank of Germany and the governor
of the New York Federal Reserve
Bank This meeting was called in
order to anticipate disturbances that
might grow out of the further trans
fer Of gold between the European
banks of issue and to permit general
discussion of the banking relations
between France and England particu-
larly, as we'll as those of the United
States and Germany. 1t is realized
that France, with her enormous hold
ings Of foreign bills estimated at
nearly $500, ,000, 900 is in a position to
unsettlc all the foreign exchanges dur
ing the process of her currency stabil-
ization unless she acts IN harmony
with London and Berlin.
The payment of reparations is an
other matter to which careful atten-
ton has to be given. Germany will
undoubtedly come to this market for
additional dollar loans. being in a po'
sition today quite the reverse of a
wear ago, when the president of the
Reichsbank emphasized to American
bankers his desire to avoid such loans.
Since then. the market for all German
issues has gone well upo the hill and
has come part way down again.
Railroad Situation.
Railroad earnings of the first 5
months of this year indicate some
slowing in business and also the eff
feet on expenses of the higher wage
scales that have become operative. AS
a whole. the railroads will earn less
on their property investment in 1927
than in 1926, as the coal strike will
affect those in Eastern territory, the
Mississippi Valley flood those in the
Southwest. and smaller wheat and corn
crops those in the Middle Western
States.
The speculative background in rail
road stocks was somewhat darkened
by the attitude of the Interstate Com
merce Commission toward efforts at
consolidation and by it's refusal to be
hurried. into a decision in the Chesa-
peake & Ohio merger case.
Copyright. 1927
Evening star., 1927-07-04
Wall Street Briefs

NEW YORK, July P).-The New
York Stock Exchange, the Curb Mar
ket. the Cotton Exchange and all
other securities and commodities mar
kets was closed today in observance
of Independence day. AS 1t IS
legal holiday, the banks will not pe
open.
New York States revenue from the
stock transfer tax in June totaled ST.
49S,103 against 1,121, 1928 in June last
wear. The total for the year ended
June 80 was $l5,64S.8 against $l5.-
S0l ,074 for the previous year, when
was record.
Harry r. Dunn, president or FISK
Rubber Co, leaving for Europe, sees
marked improvement in the OUTLOOK
for a ma iority of the rubber and TIRE
manufacturing companies. with
noticeable turn for the better In the
industry in the first half of 1927. Ihe
industry has been enjoying a record
volume of business in the first hair OF
the wear and conditions are steadily
becoming more stable. l beheVe
prices for tires. rubber. cotton and
raw materials at last have reached
stable basis and the rubber Industry
now is in a position to show its earn
ing power"
Operating income of the llilnofs
Bell Telephone Co. for the flrst nVe
months of 1927 rose to S5.S79,88Z
from $4.941 ,0S7 in the corresponding
period of 1926.
Cleveland dispa atches to Wall Streel
say the dollar volume OF sales OF
White Motor Co. for the half year
were lower than in the same period
If 1926 and net earnings did not meet
the six months dividend requirements
of 81 a share. Those in close touch
with the company's affairs are conf
dent. it is said, the dividend Will be
maintained for the balance of the
year based on the 50 100000 surplus
at the close of 1926 and the conserva-
tive dividend policy.
Sales of Neisner Bros. for the half
year were $2,593, ,069. against $l,470.'
l1S in the first half of 1926.
Although details of the plans for re-
funding the New Haven Railroad s
obligations to the Government have
not been fully worked out, negdtia
tions are said to be approaching a
conclusion =. VT
Evening star., 1927-07-04
LIVING COST HIGHER
THAN PRE- WAR LEVEL
Prices, However, Have Slumped
From Three Year
Peak.
By the Associated Press.

The cost of living. as far as the
principal articles of food are concern
ed, is 55.4 per cent higher than it
was before the war, as measured by
Labor Department statistics.
But is lower than it was at the peak
OF high prices in 1918, 1919 and 1920.
In those years it was $50. $50 and
1894 per cent, respectively, higher
than in 1913.
Ham, tea and coffee, however, are
higher now than they were in the
peak years, and potato prices haEe
been exceeded only in 1920. Prices for
many varieties have double, and some
have almost trehled since 1907, and
some have more than doubled since
1913.
Comparing the figures for May, this
year, with the 1913 average, sirloin
steak is shown to have increased 66.5
per cent: round steak, $50; rib roast,
57.6: chuck roast. 469: plate beef, 25.6;
pork chops, 1873; bacon, 76.3; ham,
1898; hens. S0.3; milk. 562; butter.
39.4; cheese, ga: lard, 20.3; bread,
67.9; flour, 66.7; corn meal, 700; rice,
21S; potatoes. 164.7; sugar, SA7; tea.
42.3, and coffee, 61.7. Only eggs are
cheaper, having declined &c per cent.
Evening star., 1927-07-04
CLUBW0MEN REWARDED
FOR COURSES OF STUDY
Receive Signed Certificates on Com
pletion Of Work Within
State Federation.

By the Associated Press.
BLOOMINGTON, Ind, July 4.-The
pursuit Of knowledge has been re-
duced to basis of tangible recogni-
ton and reward among Indiana club
women. Clubwomen now receive sign
ed certificates for completing reading
and study courses outlined by the In
diana Federation of Women's Clubs
and followed in the extension division
of Indiana University. They also win
credit toward membership in Epsilon
Sigma Omicron. an honorary sorority,
within the federation. Credits which
will count toward an Indiana univer-
sity degree also are available.
Thirty-one different courses are Of
fered
Evening star., 1927-07-04
STOCK AVERAGES OFF,
June Fails to Surpass May in Wall
Street Gains,

By the Associated Press
NEW YORK, July "a downward
readjustment of stock prices was
under way as the half year closed.
with both the rail and Industrial aver.
ages slightly less than points below
the record high levels established a
month. ago, but still about IS points
each above the levels at the begin.
ming of the year. June was the first
month in which the averages failed
to gain over the preceding month.
UnfavQrable business news, accom-
panied by a temporary stiffening of
call money rates. was generally given
as the reason for the weeks setback.
Many stocks. however, showed re.
markable recnperative powers.
Evening star., 1927-07-04
NINE. GABRIELLE DORZIAT
ENGAGES FOR u. S. STAGE
Celebrated Actress of France Re
turning to America After an
Absence of 10 Years.

Correspondence of the Associated Press.
PARlS.-After an absence of 10
years Nine. Gabrielle DorZiat, one of
FRANCES most celebrated actresses, is
to play in America
She will head her own dramatic COM
pany, appearing in New York. Boston
ard "everal large cities in Canada un-
der the direction of j. A. Gauvin,
Canadian producer.
Nine. DorZiat is we'll known in Paris
society as the Countess de Zogheb.
Ten years ago she played opposite
William Faversham in The Hawk" i'll
New York.
Evening star., 1927-07-04
GREAT PAINTINGS
FACE DESTRUCTION
Gilbert White Finds Valuable
Muri|IoS Under Leaky
Roof.
By JESSIE HENDERSON.

LONDON, July 4.-Twenty-three of
the worlds greatest masterpieces Of
painting will fall to pieces within
a few years and be forever lost un-
less an American artist succeeds in
his present effort to rescue them. The
paintings are the finest works of the
old master. Murillo, and they are
now housed in a leaky building at
Seville, Spain, where the rain seeps
through upon them from a broken
roof and where they are subject to
every change of temperature. Their
value is estimated at $1,000 900.
Gilbert White Of New York and
Paris, whose murals decorate the
walls of a dozen public buildings
throughout the United States and
who is a chevalier of the French
Legion of Honor. as well as mem
ber Of the Annual Salon Committee,
has come to London with the hope
of inducing the American art colony
here to join with that OF Paris in
requesting the Spanish government
to save the Seville treasures.
Cannot Be Replaced.
"You can't grow an orange in New
York" said Mr.. White today. THE
climate isn't right. And you can't
paint a Murillo today. His paint
ings are result not only Of the
genius Of Murillo. but OF the whole
atmosphere Of his time. They are
the expression and elimination Of
an age Of religious fervor the exact
like Of which the world will never
gee again. Once lost. these paintings
can never be duplicated. To esti.
mate them at around $500 900 each.
or 100000 for the whole collection,
is merely to give them cash value.
Actually, they are priceless
You've never seen Murillo unless
you have been to the museum,
formerly the convent, de la Meroed,
at Seville. His best work Is there.
and any one Of the Seville paintings
Ia superior to his world famous
Ascension Of the Virgin which is
| among the chief treasures of the
Louvre. The Murillo in the Louvre
has been copied a thousand times. Yet
renowned and wonderful though it is,
this Louvre Murillo cannot be COM
pared with these others.
Custodian Not Worried.
'I went to see the Seville paintings
fortnight ago. There are no words
to describe their beauty, their dig
hAaSt tiiEAt WI Anu LntH
are literally falling to pieces. 1t was
rainy day. Trickles of rain ran down
| the canvases. Mortified, ! called the
custodian. Look" / said, rain. Bad
! for canvas Spols the paint DO
something about it," The custodian
beamed in delight, chuckled and an
sWered: Yes, yes. Water" which so
far as he was concerned, ended the
matter.
1T seems also to end the matter
so far as the Spanish government is
concerned. And it certainly is going
to end the Murillos. Yet the fact re-
| mains that no government has any
I right to neglect such irreplaceable
treasures. Murillo is not merely the
property of Spain. He is the heritage
/ of art lovers throughout the world ana
his masterpieces are a trust held by
the Spanish government for future
generations. 1t isn't only n question
of allowing 100000 worth of paint
and canvas 10 decay. It's question
| of letting something perish which will
/ never be achieved again.
Evening star., 1927-07-04
FARMERS DISCUSS
OUTSIDERS TRADE
institute Questions Giving
Non-Members Share in
Groups Benefits.
BY the Associated Press.


CHICAGO, July 4.--Transactions
with non-members long a question Of
vital Importance to farm co-operatives,
are holding an important place in
legal deliberations ut the American In
stitute of Cooperation.
Scheduled to close July 16 the in
stitute, now in its third Summer ses-
sion, has discussed additional legisla-
tion, merits and demerits OF certiti-
Gates OF indebtedness, purchase and
sale contracts, and liquidated dam
ages.
Claim 1000, 1000 Members.
Richard Pattee of Newton High
lands. Mass, is chairman of the
institute.
Institute officials explain that CO.
operatives, claiming "A total member
ship of more than 100000 American
farmers. seriously question the ad-
visibility of handling products of
non-members.
ma ajority of the cooperative organi-
zations do business outside their own
ranks. A number. however, have by
laws prohibiting purchase and sale
with outsiders. They argue that TO
give a non-member all the benefits
of cooperative marketing without
placing upon him a proportionate
share of association burdens will pre-
clude incentive for him to enter the
cooperative fold.
Forced to Pay Tax.
"In the same connection, however,
il co-operatives do not treat outsiders
the same as their own members in
the matter of refunds and handling
charges. they are required to pay an
income tax on whatever profit may
accrue from business with the non
members
Forty States in which cooperative
marketing organizations are licensed
have legislative statutes requiring
that the association shall do business
with and for members only. 1t hap
pens. however. that most of them
have two or more statutes under
which co.operatives may organize,
thereby opening the avenue for out
side activity. There are no Federal
statutes regulating co-operatives.
Evening star., 1927-07-04
NEW BUS LINES FORMED.
16 Companies, Capitalized at ST.
100000, Incorporated in June.

Special Dispatch to The Star.
NEW YORK, July 4.-Steady
growth of the bus industry is indicated
by recent developments in the trans
portatiOn field. During the month of
June 16 bus operating companies were
incorporated throughout the United
States. representing a total capital
investment of $1,250,000, Bus. Trans
portation reports. New lines started
operations in Marion and Rockford.
H.; Wellston, Ohio; Grenada. Miss;
Worcester, Mass: Jackson. Tenn; Ell
Paso, Tex, and Los Angeles.
The necessity for modern terminal
facilities is receiving widespread at
tention in the industry. Plans for
bus terminals have been announced
in Morgantown. w. Va, and Chicago.
III. Negotiations are under way for
the construction of union bus ter
minal in Providence, r. I.
Training persons with cross-eyes
to recover normal vision is the chief
function of a new projecting instru-
mpnt
Evening star., 1927-07-04
CHAPMAN SEES GAIN
IN SHIPPING TRADE
Washington Broker, Sailing for
Europe, Predicts Dull Period
in Stock Market.

By the Associated Press.
NEW YORK, July 4.-The shipping
business is picking up, said G. Il.
Chapman of Washington, d. c., resi-
dent partner of Hartman & Co, sail
ing for Europe. international Mercan-
tile Marine Co. is progressing salts
factorily, and it's business is a great
deal better. he asserts, with important
developments in the making. He
thought the stock market was in for
a dull period. but would experience
Il sharp upturn in the Fall.
Evening star., 1927-07-04

Hundreds Of American tractors are
being imported into Turkey, which
country heretofore has been notorious
for ~ antiQuated farming methods.
Evening star., 1927-07-04

The Order of the Eastern Star has
presented $4,000 home for the aged
in Richmond, Va, to the Wright Ma.
sonic Memorial Foundation.
Evening star., 1927-07-04
FOOD EXPORTS DOWN.
Baltimore Port Reports Figures at
Low Mark.
specin, Dispatch 10 The Star.

Special Dispatch TO The Star.
BALTIMORE. July 4.-EXports Of
food staples continue to remain at a
low figure from this port, according
tn the report of the Maritime Ex-
change for last week. Only 14l .093
bushels Of wheat was recorded, a
slight increase over the previous
week, and 9.677 barrels of flour. a
decrease. other articles exported in
clud d 3,02S,2 $50 pounds of copper,
1.51i tons of steel rails, 800 tierces of
lard and p tons of pig iron.
Evening star., 1927-07-04

a number Of new instruments for
testing elevator SafctY devices nave
been developed by Government e%-
perts. in order to make elevator opera
ton safer
Evening star., 1927-07-04

Although details of the plans for re-
funding the New Haven Railroads
obligations to the Government have
not been fully worked out, negdtia'
tions are said to be approaching a
conclusion ~ =.
Evening star., 1927-07-04

Sales Of Neisner Bros. for the half
year were $2,593,069. against $l,470,-
l1S in the first half of 1925.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1927-09-24
GRAIN
LIVESTOCK
COLD BRINGS
PRICE BOOST
Wheat and Corn Each Scores
Sharp-Sub.normal Wealth
er Forecast

Chicago, Sept. 24.-(AP)-Wheat
and corn each scored a sharp ad-
vance in price today. A cold wave
IN the northwest was largely rcspon-
sible. The official weather forecast
FIR next week pointed to temporal
lures considerably under normal at
times. Wheat closed unsettled 7-8
to 2 3-S cents net higher; corn 7-8
to cents up; oats varying from Ia
decline to 3-8 cents advance, and
provisions unchanged to a rise of
so cents.
Snow and rain were reported to-
day as furnishing new obstacle to
resumption Of wheat threshing in
Canada and threatening another
weeks delay to the Canada crop
movement, already much behind
schedule.
Meanwhile European advie es also
told Of heavy general storms un-
favorable to harvest operations, and
there were fresh advices of /; ok Of
needed moisture in Australia and
Argentine reported .come rains.
Corn traders today Kept alert watch
on advan ,es IN tn wheat market,
and at the same time paid attention
to a forecast of near freezi. tenn
peratures in corn terri Dry Ac-
cording to some experts, more than
20 per cent Of the countr s corn
crop is nov beyond danger, and
with the seasonable weather an ad-
ditional % per cent should reach
maturity by the last Of September,
qlthough inch would be light and
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1927-09-24
Too Late - Classify

FOR neutrality-suspicious. at the
Woodmansee with or without gar
age. Apply H. j. Woodmansee.
Phone 1888.
FOR SALE-1925 Fordor Ford
fully equipped. Call at Ingstad's
Garage.
FOR RENT-Four room apartment
on first floor in modern home with
privilege of using electric washing
machine. Also use of garage.
Phone Atm or call at 512 Ninth
street.
FOR RENT-Three room house, SIS
per month. Enquire Of ]. K. Dor
an, 4O6 Third street.
FOR RENT-Nicely furnished small
modern apartment with kitch-
enette for one lady. Call at 8O7
Fourth street.
SITUATION WANTED-Youns
man with IL years general office
and bookkeeping experience, de-
sires position with established
concern Sober and reliable. Ref
erences furnished. Phone 461-W.
FOR RENT-Three room house
partly modern, close in. Phone
FOR RENT-Four room furnished
house. Apply Dohn's Meat Mar
WANTED-Companion to share gas
expense with my Ford Coupe to
the coast. Phone 1924.