davidaulloa/AmericanStories huggingface dataset:
Evening star., 1927-05-11
Cities Face Problem.


Large cities are facing a new prob
lem in coming, namely, how to pro-
tect the value of residential property
along arterial traffic highways, the
conference was told today by John
Ihlder, manager of the civic develop
ment department OF the United States
Chamber of Commerce and an active
worker for the betterment of Wash
ington.
Another feature of today's session
was the statement Of Fred j.. Reed,
vice president of the National Asso-
citation of Real Estate Boards, that
the real estate men Of the country
stand ready to work with city plan
ners in accomplishing better develop
ment of American cities.
The morning session was followed
by luncheon at Wardman Park, at
which there was discussion of the
guidance and control of the archi-
lecture of private property in con-
nectlon with city planning. One of
the speakers on this program was
horace w. Peaslee, well known
washington architect, who related to
the visitors the story of what has
been accomplished in the National
capital through voluntary co-opera-
| tion between private builders and the
Architects Advisory Council in inn
proving the design Of private struc-
lures.
Proposed Revised Plans.
IN discussing the problem of what
Is going to happen to the value Of
aputtlng property along arterial traf-
nc streets in large cities, Mr.. Ihlder
said:
Largely because of the increase of
! automobile traffic we must provide
thoroughfares which will carry not
only continuous streams of vehicles,
put many heavy vehicles. These viii
nave an increasing effect upon the
| use and value OF abutting property.
so far the effect has been mainly to
increase values, especially in com
mercial areas. But our new arterial
highways, stretching clear across the
| city, traverse great sections which
| cannot be occupied by business. The
only use for such areas lis residential.
Evening star., 1927-05-11
PLANNING SESSION
ADOPTS PLATFORM
FOR SUBDIVISIONS

Continued from First Page)
Evening star., 1927-05-11

growth. He also said that there seems
ample indication that the courts VIII
follow public opinion in sustaining the
architectural board Of review.
The establishment of a municipal
architectural board of review should
not be undertaken, Mr.. Cheney ad-
vised, until the public has been care
fully educated to appreciate it's value
and is prepared to stand back OF its
findings.
Evening star., 1927-05-11
Was Born in Germany.

Born in RiXdorf. Germany, in 1877,
Mr. Lawrie was educated in the
Chicago public schools and st. Vim
cent dc Paul School, Baltimore. lie
worked in the studios of Philip Mar
tiny. Augustus Saint-Gaudens and
other men Of renown, and in 1910, re-
ceived the II. f. A. from Yale. He was
instructor in sculpture at Yale for 10
years. and for two years was connect.
cd with the Harvard Architectural
School.
Mr.. Holmes receives the Craftman-
ship medal for his designs in pottery.
He has been connected with the Lenox
Pottery Co. of Trenton for % years
as designer and art director. He re.
-ceiyed his training In the Rhode
Evening star., 1927-05-11

The lovely tWo-d o Q r
model, an exquisite example
OF fine cabinet work in an
effectively simple design.
S275 Revere Orthophonic
Victrola ...............S Sloo
$3.50 Alhambra Ort h o.
phonic with Radiola ..S225
Evening star., 1927-05-11

Island School of Design, Providence
and the New York School of Art.
Evening star., 1927-05-11

WiUOW dL the SdIIle CeTcIlOUys
Work Is Recognized.
Mr.. Lawrie will receive the Fine
Arts Medal because of the general
excellence Of his work and the par
ticular excellence Of his sculpture in
the Nebraska State Capitol, according
to Mr.. La Fargo, chairman of the
Institutes allied arts committee,
| which selected the medalists. The
late Bertram Grosvenor Goodhue,
| who received the institutes gold
medal in 1925, was the architect of
the Nebrask Capitol Building.
Mr.. Lawrie has made the sculpture
| for most of the buildings designed
| by Mr.. Goodhue, among them the
United States Military Academy at
| West Point, Pawtucket Free Library.
Los Angeles Public Library, Cali
| fornia Institute of Technology, Ma
tional Academy of Science here and
| ST. Thomas Church, New York.
He also has modelled many reliefs
and statues, including those on the
| tower and archway of the Harkness
Memorial Quadrangle at Yale Uni
versity, and the statute of the Virgin
| in the Church of st. Mary the Virgin,
| New York
Evening star., 1927-10-31
TOBACCO RECEIPTS DROP.
Most of Business in Maryland Leaf
Is Resales Now.
pecia, Disna.ch to The Star.

Special Dispatch to The Star.
BALTIMORE. october 31.-Receipts
Of Maryland leaf tobacco last week
declined again, totaling only 628 hogs
heads, while sales amounted to 1863
hogsheads. leaving a stock in State
tobacco warehouses Of 1928 hogs
heads. Stocks in first hands have
been almost entirely closed out and
business is confined to resales.
According to Government statistics,
manufacturers and dealers held 21,-
S99.275 pounds of Maryland tobacco
October l, compared with 1852, 795
pounds July /. and 12.446,975 pounds
April /: November ], last year, dealers
and manufacturers held 19,349 .081
pounds of Maryland leaf.
Quotations today for Maryland leaf
tobacco per 100 pounds: Interior, 00a
500; frosted. 3.00a4.00; sound common
and greenish, 3.00a16.D0: good com.
mon, 17.00a 5000; medium. 3100a 40 90;
good to fine red. 41.00a55.50; fancy,
$500: seconds, common to medium.
5.00a24. 90; seconds, good to fine, $500
Assoc; upper country, air cured, 3.00a
$500; ground leaves nominal.
Evening star., 1927-10-31
SLUMP REPORTED
IN BANK CLEAR|NGS
D. C. October Total Below
Month Year Ago-Nlne-
Month Figure Higher.
by EDWARD c. STONE.

Bank cearings in Washington dur
ing the month of October were slightly
lower than for the same period in l925,
this months total being S116.S l,I14.11,
compared with $l19,532 ,824.10 in Octo-
Der year ago.
For the first 10 months of the pres
ent year. however, they are ahead OF
last year, so that the sum total OF
business transacted here in 1927 to
date is probably ahead of total for
the corresponding months IN 1926.
ClearinCs to date during the pres
ent year have reached S1.14S ,05l .9l0.12,
as against S1.147.251 ,699.75 a year ago,
Approaching cooler weather and the
Capitals holiday trade are expected
to bring the total for the year to
figure we'll ahead of the previous year.
Today's summary of monthly clear
ings. as kept by Charles Il. Bright,
manager of the Washington Clearing
House Association, reveals the largest
number of cancelled checks of any Oc-
tObcr on record, with the exception of
last year. Clearings in October, 1928,
were not far behind, however, being
$116, go. Local clearinCs in Octo-
Der were we'll ahead of September,
wien they amounted to S104 - $50. l3.
The comparative figures for the first
ten months of this year compared
with the same period last year are
as follows:
Evening star., 1927-10-31
MILL NEARLY READY.
New Sparrows Point Unit of Beth
>lehem to Employ 5000.
pecial Dispatch TO The Star

Special Dispatch TO The Star
BALTIMORE. October 31.-The new
tube mill, latest unit of the Bethlehem
Steel Corporation at Sparrows Point,
probably will go into operation next
month. With this mill turning out
products, the dream of Charles NJ.
Schwab. chairman of the board. and
ltngene NJ. Grace. president of the
corporation, to build complete steel
making unit at SparroWs Point will
have been realized.
The value of the company's plants
in the Baltimore district now approx
imates 100000, 900. ranking next in
size to the Gary plant of the United
States Steel Corporation.
The tube mill. modern in every de-
tail. is the only one on the Atlantic
seaboard. 1t will turn out every size
of commercial pipe. When in full
operation the mill will afford employ
ment to about 5000 men. The plant
cost more than S1S.C00,00
Evening star., 1927-10-31
RECOVERY STAGED
ON STOCK MARKET
Prices Higher Throughout
List-Best OF Rails Snap
Back Today.
By GEORGE T. HUGHES.

| Special Dispatch 10 The Star.
| NEW YORK. October 31.-Thl
| Stock Market enjoyed n vigorous re
! covery today. Prices were higher
throughout the list, although the gains
were not uniform. There was no trace
of the hurried liquidation Of last week
and there was evidently heavy shor,
! coverings on the part of spectators
who had interpreted Friday and Sat
urday's break as the beginning of Z
| long decline.
| There was no way of separating the
effect of the retreat of the short in
| terest from that produced by fresh
! buying for account of traders either
| playing for a turn or still confident ir
the future of the market. 1t was
| plain, however, that more attention
| was being paid to the business situa
ton. and that While stocks of al
| kinds We're being bought more dis
elimination was being shown.
Motors Is Higher.
In support of this view it needs
| only to instance the action of General
| Motors and United States Steel. They
were both substantially higher. but
the gain in the former was much the
| larger There were two possible eX,
ever may be in store in the way OF
increased competition from the Ford
Co. General Motors is now at the
height Of its prosperity. Steel, on the
other hand, is confronted with an un
satisfactory price situation and a
lower scale of profits. On this basis
alone the recovery in motors ought to
be larger than that in steel.
Then, too, General Motors had in.
| spired confidence by the resistance it
had displayed around 125. That price
was touched repeatedly both Friday
and Saturday. but never broken
through, and today the quotation was
more than 4 points up from this low.
Steel, on the contrary, had found no
such sustained support, but had been
left to take care Of itself. incidentally
the market price of Steel and General
Motors drew closer today.
Elsewhere in the market the divi.
dend-paying rails which had been SO
surprisingly depressed Saturday snap.
ped back under the leadership of New
York Central. Delaware & Hudson
sold points higher than the previous
close and Atchison, Reading, South
ern Railway and others all did oct
ter. In the lower priced group Erie
was the feature on the side of ad-
vance.
Mail Order Stocks i'm Demand.
Turning to the general run of in
dustrials, the mail order stocks We're
in brisk demand. including Montgom.
cry Ward and Sears-Roebuck, while
there was a rapid upturn in the shares
of the merchandising companies.
amounting in the case of Woolworth
to almost 4 points. Specialties like
Case Threshing Machine and Interna-
tional Harvester had a quick rebound.
Two stocks which had fluctuated
spectacularly last week were again
prominent today. They We're Ameri-
can Machine and Foundry and Rossia
Insurance. both of them staging SEN
sational advances. Rossia at 163 was
up nearly 10 points. American Ma
chine and Foundry above 164 showed
similar gain.
Money renewed at per cent in con.
trast with 3ia per cent on Friday.
No particular attention was paid 10
this hardening. which was viewed as
the normal end Of the month develop.
ment.
Evening star., 1927-10-31
WILL LAY OFF 400.
B. Il o. to Curtail Work at Mount
Glare Shops.
Special DISPATCH 70 The Star

Special Dispatch TO The Star.
BALTIMORE, October 31.-Four
hundred men Of the force Of 3.100
at the Mount Clare shops Of the Bal
timore & Ohio Railroad will be laid
off this week. it was learned today.
No indication has been given as to
how soon the full force will be called
back. The reduction is due to a slack
ening of repair work.
a cut in forces is made each year
about this season. Last year heavy
demands on the railroads equipment
in supplying export coal to England
during the strike kept many men
busy.
The settlement OF the strike has
reduced export coal shipments and
the consequent need for repairs on
locomotives in that service.
Evening star., 1927-10-31
0. K. ON. 20 PCT. DIVIDEND
is SOUGHT BY P. & |. &,

Permission to pay 90 per cent stocS
dividend was sought from the Intd&
state Commerce Commission today by
the Pittsburgh & Lake Erie Railroad,
assubsidiary of the New York Central
system.
The Lake Erie company will issue
S7197.100 in new stock. which will
represent additional capital invest,
ment made in the railroad out of SUI.
plus earnings during recent years.
Evening star., 1927-10-31
Another Liberty Bond Offer.
UNITED ELECTRIC COAL.

NEW YORK, October 81 (R.-
United Electric Coal Companies. Dan
vile, ILL.,, earned S4.49 a share on the
common stock after preferred
dividends, in the year ended July 81,
against $4.30 a share the year before.
Net income was S599.015. against
$545,7S0. Gross profit was $1,349.711.
Evening star., 1927-10-31
BUTTER Is HIGHER.

CHICAGO. October 81 Pl.-Butter
higher; receipts, 1854 tubs; creamery
extras, 471a; standards. 4413; extra
firsts. 44ai5 l2ffi firsts, 4oa42; seconds.
36a3S12. Eggs unchanged; receipts.
4.5U cases; firsts, 35a40; ordinary
firsts, 26a32.
Evening star., 1927-10-31
dends are not included.

dends are not included.
Unit OF trading less than 100 shareG.
Partly extra. Plus 4 20 in stock. Pay.
able, IN common stock. Plus 2i5O In
stock. Paid this year-no eeu!ar rate.
b Ten per cent in common stock, payable
-; 70 quarterly. Plus 5 20 IN stock. Pay.
stock. I Plus ioI In stock. Plus i/56
shas. sn,: in stock. stock Plus 81 share in special
stock. k Payable Ii4O OF a share quarterly
in Glass A stock. m Plus SO in. stock.
n n T,, Pa:.ly stock. 2 Plus 50 IN preferred stock
Evening star., 1927-10-31
EARNINGS ARE SMALLER,

NEW YORK. October 81 L0.-Lonc
Bell Lumber Co. earned S242 a share
on the class "A" common in 9 months
this year. against S4.33 a share a wear
ago, net profit falling to S1,4SS,147
from S2,572 ,262.
Evening star., 1927-10-31
Land Bank Sessions Opened Today.

At 10 o'clock this morning the
American Association of Joint Stock
Land Ba anks opened two-day session
at the Raleigh. with the president,
Walter J Ball of Lafayette, Ind, pre-
siding.
The land bank officials are in con-
ference with the Federal Farm Loan
Board and Treasury officials, taking
up the vital problems with which the
II Federal land banks and Sc joint
stock land banks have 10 deal. There
was large attendance at the opening
session. In addition to the officers al
ready published. the work of the as
sociation is directed by:
a. NJ. Baldwin,. Montgomery, Ala: A..
W. Hendrick. San Francisco: George
A. Harris, Washington: f. Rivers. At
lanta: +. J. Disser, Fort Wayne, Ind
W. O. Jones, Fremont, Neb.; David
Mckay, Newark, n. J.: Samuel l.. Nc.
Cune, Cleveland: Robert F.. Smith.
Portland, Greg; G. W. Pussley. Brook
ing. S. Oak, and II. ". Ferguson,
Da Has Tex
Evening star., 1927-10-31
PROFIT INCREASES.

NEW YORK, October 81 Cp.-Gen.
eral Cigar Co. increased it's net profit
for nine months Of 1927 to S2.3559IG
from Sl,669,51o in the same period last 4
year.
Evening star., 1927-10-31
Local Gas Earnings Increase.

According to the September report
filed with the Public Utilities Commits
sion by the Washington Gas Light
Co. operating revenues for the month
reached the sum OF S405, ,421.14, COM
pared with the lower figure in Septem-
Der. 1926, of 1861 7,46S.02. Operating
expenses for the same period were
$27S.925.66 against $26S.S49.64 a year
ago, leaving a net operating income
for the month of $S7, ,06S.99 compared
with $14.006.13 last year.
Deduction of interest and all other
charges left total net income in
September of S34.322.79, the figure for
the same period last year being
S26,695.80.
Evening star., 1927-10-31
1925.


1t will be noted in the tabulation
that the August and September clear
ines were also slightly behind the high
marks set last year. And by using
the figures as barometer it is evident
that the quiet business conditions pre-
vailing elsewhere in the country for
several weeks have also existed here.
Evening star., 1927-10-31
NTERN.TI0IAI P4PFR CoMPANY

INTERNATIONAL FNPEK CUMPAN1
New York September 2S. 1927.
The Board of Directors have declared a
quarterly dividend of Sixty Cents t60sl a
many. payable November Is 1927. tn Com.
mon Stock kho1ders of record at the close of
business November 1st. 1927.
Checks will he mailed. Transfer books
OWEN SHEPHERD,
Vice President and Treasurer
Evening star., 1927-10-31
Georgetown Report Also Out.

The Georgetown Gas Light Co.
today reported to the Public Utilities
Commission total operating revenues
in September of S6067265 compared
with a total of $40 9.453S6 in 1926.
Operating expenses totaled S46,679 06
against $40,642.35 last year. Net
operating income for the month
amounted to S1O.S9O.77 against
$6299.S0 last September.
After all necessary deductions. total
net income for the month was S7,231.74
compared with the 1926 figure of
S295534
Evening star., 1927-10-31
NEW YORK STOCK EXCHANGE
Received by o
Abitibi Pow t5).


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Evening star., 1927-10-31

Hourly Sales on N. Y. Market.
1la.m... l,400 l2 m..,. S76.400
lpm.. 100000 2p.m... 1.289.300
Dividend rates as given the nbove table
ara the annual cash paymcnts based on the
latest quarterly Or talf yearly declarations.
Cniess Otherwise noteo extra or special dlgi.
Evening star., 1927-10-31
Gas Stock Is Market Leader,

Stock of the Washington Gas Light
Co. led trading on the local exchange
as the week opened. During the ses-
| sion 534 shares changed hands. the
price being S11a in every one of the
eight transactions. There was one
sale of a 400-share block The other
| largest sales We're of 40 and so shares.
The large volume of trading after so
| many weeks of only moderate activity
caused considerable surprise.
Ianston Monotype sold at 1861 on
a 40-share turnover, Merchants Trans.
| fer & Storage preferred came out at
103 and Sanitary Grocery preferred
remained firm at 1929. Potomac
Electric Power 51a per cent preferreG
sold at 1864, while the per cent
stock commanded lila. Two hun.
dred and ten shares of National Mort
gage & Investment preferred moved
at ga.
Only one bank stock appeared on
the board, ten shares of Union Trust
Co. selling at 301I
Bankers Home From Convention.
Several of the Washington bankers
have returned fromAthe Houston A.
B. "A. convention. which they declare
was one of the best yet held. Among
those back at their desks are A. NJ
Nevius, Victor b. Deyber, Harry V. |
Haynes and Maurice Otterback. G. !
f. Await, deputy controller of the
currency, has also returned, as has
Ezra Gould.
Howard Moran is making a more |
extended tour of the Southwest, and |
has crossed the border into Mexico, |
where he will start revolution if he
thinks one is needed. Francis G. Add. |
son, jr., is remaining in Texas to do
some hunting and Robert n. Harper
has followed Horace Greeley's advice
and gone to the Pacific Coast.
Another Liberty Bond Offer.
A new offer to purchase Az per
cent Second Liberty Loan bonds at
premium was announced last night by |
Secretary of the Treasury Mellon.
These bonds, which have been called |
for November Is, next, will be pur- !
chased by Federal Reserve Banks, |
under authority of the Treasury, at |
100 1872 and accrued interest to date |
of optional purchase, during the pres
ent week, from today until next Mon
day. The purchases will be made |
for account of the sinking fund.
Evening star., 1927-10-31

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