davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-08-07
TREND DOWNWARD
ON STOCK MARKET
Bears Work on Theory Shares
Are Entitled to Technical
:: Reaction at Least.

By the Associated Press
NEW YORK, August 6-The stock
market experienced a further down
ward REIMBURSEMENT of quoted values
in today's brief session. Selling was
for both accounts, the reliZing sales
OF professional traders who had built
up large profits in three weeks of al
most steadily rising prices being
swelled by the liquidation of securi-
ties purchased for supporting purposes
after Wednesdays drastic break and
by the offerings of bear" traders,
who acted on the theory that the mar
ket was entitled to at least a technical
reaction.
Rapid City dispatches indicating
that President Cooldges decision not
to be a candidate in192S was final
may have been an influence. as hope
was held out in many banking and
brokerage quarters on Wednesday that
the President might yield to the de-
1nands of his party leaders. Week
end market comment of the leading
commission houses stressed the politi
cal uncertainties created by the Presi-
dents statement, with many of them
taking the view that the injection of
politics into the financial situation
at this early date was likely to prove
an adverse factor.
Pools Continue Operation.
Pools. faced with the prospect of
easy money rates for some time to
come as a result of the recent reduc-
tions in the Federal Reserve redis-
count charges, continued to mark up
stocks, current earnings or further
prospects of which gave promise of
special dividend, recapitalization or
merger, developments. New peak
prices for the year, or longer, were
registered by American Machine &
Foundry, Brooklyn Union Gas, Eu-
reka Vacuum Cleaner and Congoleum.
Some of the high priced industrials
yielded on realizing, recessions of
point or so being registered against
General Motors, du Pont and Allied
Chemical. White Sewing Machine ad-
vanced 4 points and Yellow Truck
touched a new peak for the year. Rails
were generally heavy. Rock Island,
Norfolk & Western preferred and
Western Maryland being those which
dropped point or more.
Except for a further decline in
Spanish pesetas to aroud 1886 cents,
the principal foreign exchange held
steady. Demand sterling held around
SASS 9-16, or close to the years high
level. and French francs around 3.9l Il
cents.
Commodity Price Steady.
Except for slightly stiffening tend
encies in cotton. the commodity
markets showed little change.
The weekly clearing house state
ment showed excess reserve of $55, 564-
720, an increase Of $51 ,446 500 over the
preceding week. Aggregate reserve
toatIed S667. 050,000. The detailed
statement of actual condition this day
showed mixed changes. Loands, dis
counts and investments dropped $780,
460, 900, and net demand deposits, $102.-
1000. Gains were shown by the
following items, cash in own vaults,
81, 1872 900; reserve in the Federal Re-
serve Bank of member banks, $685.
$4,000. and time deposits. $1S.019.o0o. |
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-08-07
CAUTION IS ADVISED.

NEW YORK, August LR.-While
in some quarters it is believed that
the continued "buIl'' market Is not yet
at an end, caution was the keynote Of
commission house advices as the
market closed for the week end. eve
choose to be cautious" one brokerage
firm advised its clients. and this
opinion seemed to have wide support,
although some brokers were suggest
ing that clients should not hesitate to
acquire leading issues. particularly
rails. public utilities, industrials and
some speciaIties.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-08-07
COTTON GOODS STEADY.

NEW YORK, August 6 Nl.-Cotton
goods closed steady in the gray goods
division. Finished goods are in
moderate demand. Many new lines OF
novelties are being shown Tor Spring.
Yarns are steady. KNIT goods Tor
Spring are selling moderately. Fall
lines. recently advanced, are in better
demand. Raw silk was steadier and
firmer. Satin crepes are selling well
10 the cutting trades. Burlaps eased
somewhat but are still substantially
higher than week ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-08-07
CROSS 3 BILLION MARK.
Assets and Liabilities of Canadian
Banks Show Gain.

OTTAWA. August 6 LP).-Assets
and liabilities of Canadian banks
have both crossed the $4,000, 600, 900
mark.
The monthly bank statement for
June. issued today by the department
of finance. shows total assets of
$3O20.314, 1908. and total liabilities of
$3.001 ,440, S96 on June 80. Demand
deposits increased by $12,0o0,000 dur
ing the month. and savings deposits
decreased by more than S9.000.000.
There was an increase of over $13,-
100000 in the new circulation of
Canadian banks at the close of June
as compared with the May figures.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-08-07
BUTTER IS STEADY.
Supplies Are Rather Limited and
Premiums Are Asked.

CHICAGO, August P).-Butter
today ruled full steady on medium
and lower grades and firm on fancy
80 scores. Supplies were rather lin
tied. and receivers in most quarters
were holding rather firmly with some
asking premiums. The centralized
car market was steady. with supplies
fairly liberal. Buyers were con-
servative and critical as to quality
AS n result trade was quiet.
Fresh 80 score, 3912; 81 score. 1914 !;
90 score, 37M; 50 score, 1914; SO
score, Sc: 81 score. 35.
Centralized 90 score, 80; SO score
36*: So score, &C.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-08-07
EARNINGS DECREAE.

NEW YORK. August 6 P).-The
Mobile & Ohio Railroad reports earn.
ings for July of $l.379,276, decrease
of 1929 500 from July. 1926, and earn
ings for the first half, of $40 ,365,07
q decrease of $932. 719 from the first
half of 1926.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-08-07
&. H. KRESS SALES.

NEW YORK, August 6 R).-Sales
of the S. II. Kress Co. for July were
$4,057.802 an increase of 9.8 per cent
over those of July, 1926, while sales
for the first seven months were ST.
416,s4S, an increase of per cent over
the corresponding period Of 1925.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-08-07
GETS BIG ORDER.

NEW YORK August E0.-The
Westinghouse Electric Il Manufac-
turing Co. has received an order for
A.. $500 900 worth Of electrical equipment
prom the American Rolling Mil Co.
~Cf Youngstown, Ohio.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-08-07
SOUTHERN EARNINGS DOWN.

NEW YORK, August 7 @.-
The Southern Railway System reports
earnings for July OF $15.91O,799, a de-
crease OF $1,269,327 from July, 1925,
and earnings for the first half Of $112,-
ssS,4 a.. decrease ss.Sss.2s7 from
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-10-22
Courage Of Flood
Victims Praised

OPELOUSAS, La, Oct. 22.-Pl-
The spirit Of courage displayed by
the residents Of the Mississippi val
ley in recovering from the flood last
spring has proved marvellous sur
prise" to Secretary of War Davis,
who is on a tour Of the section
studying flood relief operations.
Touring Louisiana today after ex-
tensive automobile trips through
Arkansas and Mississippi, the war
secretary said il was a marvellous
surprise to find that the people had
the persistence and stability TO re-
turn to their farms and toll arduous-
IL with a large degree Of success in
the production Of crops.
Even ia the once badly flooded
cities Of Greenville, Melville and
Arkansas City as well as other less
stricken communities. he found re-
minders OF the inundation were con-
fined chiefly to the high water
marks on the buildings, since the in-
habitants had successfully attempted
70 obliterste all other indications
OF the flood ravages. The proposed
use Of the Atchafalaya as a giant
spillway for the Mississippi river
fliod waters from central Louisiana
TO the Gulf Of Mexico was being
studied today By Mr. Davis while on
. 300 mile swing around the cir
cult, in the Atchafalaya basin.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-10-22
Auto Victim Is
Still Serious

Elipidio Garcia. l3-year-old Mata-
moros school goy, was still uncon-
scious in the Mercy hospital here
Saturday more than 50 hours after
he had been struck by an automo-
bile truck while on his way 10 school.
Despite the fact that the boy has
never regained consciousness, hos
pital authorities said his condition
was somewhat improved. and a slight
hope i- being held out for his re-
covery.
The youth was knocked from a BIZ
cycle on which he was riding at
Seventh and Levee streets. about
1880 o'clock Thursday morning. He
was rushed 70 the hospital and placed
under the care Of a physician. An
A-ray examination taken Thursday
showed him to be suffering from .
fractured skull, and little hope for
his recovery was held az first.
At the time the accident occurred
the boy was on his way to st. Joseph
Academy where he was a student.
The driver OF the car that hit the
wheel said his view az the inter
secting street was blocked BY q large
automobile parked too near the in
tersection.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-10-22
WAITED YEARS
TO KILL MAN
Youth, Charged in Uk-
rane Assassination,
Tells Story

PARIS. Oct. 22.-CPl-Memory of
the blood Of members of his family
shed in pograms in the Ukraine kept
alive his flame Of hatred, Samuel
Schwartzbard declared today in again
assuming his role Of the avenger Of
his race at resumption of his trial
fer the assassination Of General
Simon Petlura, Ukranian separatist
leader.
He tracked PetIura for years but
never could reach him, Schwartzbard
shouted in answer 20 question from
the jury which for the first time
managed 70 get q word in edgeways
in the bedlam OF noises, the exclama-
tions Of excited witnesses, and the
shouting Of attorneys which have
characterized the trial.
A persistent juror finally asserted
his right to be heard and asked the
defendant if the staying Of Petlura
had been inspired by a family as
well as racial grievance.
"Yesi" exclaimed the young watch
maker jumping TO his feet. "Mem-
hers of my family were killed in
Petlura's pogroms." Henri Torrez,
his attorney. then read n list which
numbered three Schwartzbards and
twelve other relatives who had met
death in the Ukraine.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-10-22
JackieCOOganMdkes
Real Estate Plunge

LOS ANGELES, Calf, Oct. 22.-
R-Jackie Coogaa, the ragged,
forlorn little fellow OF the movies,
started up the road toward fab
ulous wealth today with $780,
900 worth of southern California
real estate as a vehicle for getting
there.
Disclosure that the l3-year-old
screen star was more than a mil
lionaire was made yesterday when
his broker, James J. Donahue. an
nounced the youths land holdings
20 be 81 .5O0.O 900.
Mr.. Donahue also revealed that
the Coogan realty holdings were
lot the full measure Of the boys
fortune and Jakcie had plenty
more" money looking for invest
ment in real estate.
To give weight TO his announce
ment he set forth an AIRY Of sal
ary figures that make the pay Of
presidents, financiers and other
highly paid individuals not so i'm
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-10-22

pressing. Here are some of the
high points in the Coogan fl
nancial odyssey:
At the age of 6 he paid an in
come tax on an annual earning of
$52 1000.
When he was Q years old he
started saving $3.50 a week from
is modest allowance to obtain a
total of 500 with which he plan
ned to start his own picture COM
pany. One check paid the boy
actor by the Metro pictures cor
poration that year was for $780,
600.
The next year. 1924. he invested
more than 100000 in California
real estate. His parents, Mr.. and
Mrs. Jack Coogan. Sr.. had in
creased his allowance by that time
to $25 a week.
At the normal rate Of increase
in value Of his real estate Donahue
estimated Jackie will be a multi
millionaire before he is 81 years
cid
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-10-22
BUS Line IS
BOUGHT HERE
Local Man Buys San
Benito to Point
Line

N. r. Brown, operating the Ocean
Bus line running between Browns
vile and Point Isabel, has purchased
the bus line running from San Be
nito to the Point, he announced Sat
urday. The purchase, made from
the Black Diamond bus lines, is sub
feet to the approval OF the bus di-
vision OF the state railroad commits
sion
T.. G. Brown is 10 come into the
eoncern when the purchase OF the
holdings has been approved.
Two buses a day now are operat-
ing into Point Isabel from both
brownsville and San Benito. They
leave the Black Diamond station in
each Of the two cities at g:30 o'clock
:, the morning and start the return
trip at 1850 o'clock. On the after
noon trip the bus will leave Browns
Vile at $3.50 o'clock in the afternoon
and San Benito 1880, both return
trims being started at $3.50 o'clock.
Mr.. Brown has been operating the
bnx line between Brownsville and
the point for the past several weeks,
having purchased the holdings of &.
n bland, who operated the concern
under the name OF the Point Isabel
bus line.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-10-22
Search For Filler
TAX g New Course

QUEBEC, Oct. 22.-tPp-A search
for Count Jacques de Lesseps, vet
eran airman, missing with his me-
chanic since Tuesday when they took
off on a rs mile aerial survey flight
was directed today slong the heavily
wooded shres of the lower st. Law
renee, afer discovery of wreckaEe Of
their plane at Matane and Sandy
Bar.
The finding of plane parts scat
tered on the beach served as some
confirmation of the view that the
airmen, unheard from after the take
off from Caspe for Valbrilliant. had
been forced down by the storm that
ragged since their departure. A watch
and stockings were found in the
cockpit of the wrecked craft
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-10-22

course. but outside the jurisdic-
ton Of Des Moines and Grinaell,
the steel steeds and their coilegi
ate jockeys may cut loose. Motor
cycle policemen will accompany
them TO the city limits here where
Mayor Hunter win give them the
starters flag Mt one minute inter-
vale.
After that they may personify
collegiate recklessness except in
passing control stations nc Colfax
and Newton. three and three-quar-
ters way points until they reach
Grinnell home-comers are killed or
have taken the view that they
may commit suicide enroute but
they can't do murder here" will.
take them i'm tow TO make sure no
GrinneH hom-aoomsrs are killed CT
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-10-22
Knights Of Rafting Rod Line Up

manned in the streets. Elapsed
time will determine the winner,
who for his victory will receive
prizes offered by Des Moines and
Grinnell merchants.
The owner whose wreck" bears
the cleverest "wise-craek" will
also be-singled out for honors.
Even the worst "also-ran"-the
first TO experience n break down
outside Of Des Moines, will re-
ceive a prize. The driver whose
conveyance least resembles mn au-
tomobile will likewise come In for
reward.
Those whose "junkers" fail TO
stand the gaff will be picked up
by rescue cars 70 they will not
miss the anual Drake-GrinEeQ
tootbaA game.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-10-22
Tunney Married
To Profession

POLAND SPRINGS. Maine, Oct.
22.-tP1-Gene Tunney who expects
to be champion five years more, fs
married in just one way--to his pro-
fession- IL the-e are any girls i'm the
offing, the worlds heavyweight
champion insists he doesn't know it.
That's what he said when pressed
fer confirmation Of the latest OF
three reported engagements since he
beat Jack Dempsey out i'm Soldiers.
Field. Chicago. He did not elaborate
cn his five year tenure on his crown,
but said considerable Ina denial of
natsimonial insentlonh
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-10-22
TEAPOTCASE
ISIN RECESS
Sinclair Testimony Be-
fore Senate Body
Considered

WASHINGTON, ID. C., Oct. 22.-tF)
With court in recess until Mon
day, Justice Siddons, presiding at the
conspiracy trial of Albert B. Fall
and Harry +. Sinclair, today had un-
der advisement the question of ad-
mitting as evidence statements made
by Sinclair before the senate's oil
investigating committee.
Sinclair's celebrated visit to Fall,
then secretary of the interior, dur
ing the Christmas holidays Of 1921 at
Three Rivers, New Mexico, was in
volved. Before the senate commit
tee Sinclair said this was made for
the purpose of discussing a lease on
the Tea Pot Dome naval oil reserve,
out Of which grew the present court
action. Since that time it has been
asserted that the visit dealt entirely
with other matters.
Government counsel wished 10
place Sinclair statements before
the jury Immediately, but the de-
fense entered strenuous objection on
the ground that testimony given be-
fore n congressional committee may
not, under the law, be introduced as
evidence in any subsequent court
proceedings. To this the government
replied that in order TO take advan-
tage of this provision. the witness
must make declaration Of such in
tention when appearing before the
committee.
In the Fall-Doheny conspiracy
case of nearly a year ago, similar
question was raised when the gov.
ernment sought TO introduce state
ments made by Doheny before the
senate committee to the effect that
he had loaned" Fall 100000 to bs
used in his ranching business in New
Mexico. The court at that time de.
cided in favor Of the government.
The jury was excused yesterday
so that counsel might argue the legal
teehnicality unhampered. For tive
hours the attorneys battled anC
then. taking the question under ad.
visement, Justice Siddons adjourned
court until Monday.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-10-22

DES MONIES, Iowa. Oct. 22.-
CP-Twenty-five knights Of the
Rafting Rod faced the barrier to-
day in decrepit, wise-eracking en-
blazoned motor ears, 20 race 70
Glory but no gold in the first cross
country "aged flivver" derby ever
TO be held.
The entrants were Drake Uni
versity students; their vehicles
five yea old cars, some OF which
resemble automobiles. Starting
from the Drake Stadium each
will attempt to rattle and sputter
his way over fifty-odd miles Of
road TO the finish line nt the
Grinnell college stadium
FetteFs Of tie Law will bind the
contlnders at either end q the
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-10-22


While Brownsville looked on, wait
ing impatiently for a chance to
fight, the rest of the Valley football
conference stepped out and did
things one way or another toward
the grid championship of this Sec
tion Friday.
The locals had been given an off
day in the schedule making and
could only fume hreats against the
Missionites next week. while grid
rivals were founding each other in
the fourth day Of play of the 1927
Valley grid schedule.
Scores all over the Valley were
low, indicating hard fought contests
in practically every game played.
the only exception to the low score
rule of the day was the San Benito-
Mission game, in which the Grey
hounds ran wild over the Mission
team on the San Benito field. The
final score was 81 to Q.
Mission Falls Short
Mission, as has been the case in
her past games, displayed a brilliant
attack and q varied collection OF
plays, only 70 have them all fail al
the critical moment. Time after time
the visiting team tore great gaps in
the Greyhound line for one first
down after another with a dazzling
collection Of trick plays. Once inside
their opponents l5-yard line, how
ever. the Missionites lost their ef-
fectivenesg.
Almost every one OF the San Be
nito scores came as the result OF
- - Faz
sion line. The hesitation" play
worked 80 successfully by the Grey
hounds. against Brownsville, was
functioning perfectly, giving the To-
Gals a long gain almost every time
il was used.
The Harlingen Cards invaded the
domain of the Donna Redskins for
the first "croocial" game of the
season. and pulled through with
to victory. The lone marker of the
contest came early in the firt quar-.
ter, when the visitors pulled one OF
their trick plays that opened a hole
through which a back reeled off 20
yards. The extra-point attempt was
a failure.
Donna Threatens
Donna repeatedly threatened the
Card goal only to tumble the ball al
critical moments. The Harlinger
team work showed well. the inter.
ference at times working almost per.
fectly with the man with the ball
They also outweighed the locals
somewhat. Straight line plungins
was the Redskins stock ir trade.
Weslaco kept its string or vic.
tories unbroken with a victory over
Mercedes. The score was TO 0. the
game being played on the Mercedes
field. This victory leaves Weslaco
Harlingen and San Benito the only
undefeated teams in the Valley con.
ference.
Edinburg ran her string Of vie.
tories 70 two in succession and Z
total Of two for the season, by out
pointing the Pharr-San Juan outfit
~ 10 6. The game was played or
the Pharr-San Juan field, and early
developed into a tight, hard fought
contest
McAllen put over a successful IN
vasion OF Raymondville. cominl
home with the major portion Of az
is 10 score. Raymondville put uT
a hard fight, but the superior weight
and experience of the visitors was
too much for them.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-10-22
MORROW,NEW
AMBASSADOR,
Is IN MEXICO
Official Crosses Bor-
der Line at Laredo
Today; Accompan-
led by Family

LAREDO, Texas, Oct. 22.-tP)-
Ambassador Dwight W. Morrow was
officially greeted at Fort Mcintosh
Saturday morning upon his arrival
in Laredo by a salute Of 10 guns
when he, his wife and daughter, Miss
Constance Morrow and Secretary
Arthur Bliss Lane accepted the in
vitation of Colonel X. c. Foy TO
breakfast at the Fort.
Abassador Morrow departed for his
post in Mexico City at 10:45 a. m. on
board a special car furnished by the
Mexican foreign office. Two cars
loaded with soldiers will escort the
ambassador. Lieutenant Colonels
Felipe Montiel Jazo and Luis Sc
guerra, command the detachment.
Mr.. Morroy declined to discuss
his policy in Mexico.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-10-22
Rich Merchants OF
Shanghai Murdered

SHANGHAI, China, Oct. 22.-L#J
A reign or terror has swept the
wealthy Chinese district Of the in
ternational settlement during the
last forty-eight hours Is the result
OF twenty killings or rich Chinese
merchants, bankers and professional
men.
The authorities have been unable
70 cope with the situation as the
families of the victims, fearful of
repriEals, refuse to supply any In.
sfcrmation-
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-10-22
Broadway Welcomes
Earl Carroll Back

NEW YORK, n. u, Oct. 22.-tFl-
Earl Carroll, theatrical producer,
arriving in Pennsylvania station
from Atlanta a few minutes before
noon today. broke into tears when
he stepped off the train and found a
large gathering Of his friends wait
ing to welcome him.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1927-10-22

LOCKHART. Texas, Oct. 22.-tP)-
Beaten in efforts to obtain a change
of venue. counsel for A. ". Millikin,
sentenced 10 death for the Staying
OF Mrs. Virginia Petty of San An
tonic, continued the fight to save
him from the electric chair as he
was placed on sanity trial in dis
trict court here today.
Last night both sides announced
ready after Millikin's counsel de-
cided not to push a motion which
sought continuance on the ground
that some Of the witnesses had not
been summoned.
All day yesterday and late into
the night, Millikin heard with no
visible change Of countenance, his
lawyers call up the grim vision Of
the electric crair. They claimed a
fair trial could not be had in Cald-
well county, using three witnesses
who said so, but the state put on
seven who contradicted the three.
Then a defense request that Judge
VI. c. Jeffery call jury commission
to obtain the panel also failed.
More than 100 witnesses had been
called today fo- both sides and c. j,
G;nn, a Millikin attorney, said he
could call about rs more.
The actual trial Of Millikin got
underway shortly after 10 o'clock
this morning in preliminary exam
ination of the 36 veniremen called
in the case.