davidaulloa/AmericanStories huggingface dataset:
Evening star., 1927-05-15
WASHINGTON EXCHANGE SEATS
ONCE WERE AS HIGH AS $4,000
Local Body Fourteen Years Without Regu-
lar Year Book-Traction Companies
History-J. Stanley Brown Living

deemed. even those characterized as
permanent" and in their places we
find the Liberties. coupon and reg
istered, and Government As and 4 u S.
Back in the olden days the local fire
assurances must have practically
driven other fire insurance companies
out of the market for insurance.
There were so many companies, so
many directors. all men in local bus
mess working for the success of their
institutions, that the outsider had a
hard row to hoe. Most of the oldtime
local companies managed to survive
the more modern competition, prac
tically all of them, with the exception
of the Arlington, which liquidated
some time ago
December 23, 1887. n resolution was
passed by the Washington Stock EX.
change providing for an insurance
fund. The history recites that "$5, 400
has been paid out on account of this
fund--in every case promptly on no.
tice of decease of a member
The exchange closed the last CEN
tury and inaugurated the present at
home in comfortable quarters in the
Adams Building. on i near Four
teenth street northwest.
Beg Your Pardon.
J. Stanley-Brown, one of the mem
bers of the Washington Stock Ex-
change back before 1900. reported in
the list of those who have gone be-
fore. is alive and very much In
evidence at Robinson & Co, A Wall
street New York"
This valued information from III. G.
{. Stiles of this city is very welcome
TO the exchange members many
friends.
(To be concIudedl
Evening star., 1927-05-15
EMILE BERLINER GETS
20. K. ON ACOUSTIC DEVICE
Washington Inventor OF Micro
4 phone Obtains Patent on In
Z genious Product.

The granting of a patent to Finale
FerIiner. Washington inventor or the
Y,1icrophone, on the acoustic device
he has perfected has been announced
nv the United States Patent O1-
fice. While designated simply as a
awaU." the device is described as q
.wau structure with a plurality or
hollow cells covered with resonant
eemetitious material" which, 1t IS
understood, greatly improves the
acoustic properties Of room or auui'
forum.
Others patents granted washington
and nearby inventors today were an
nounced as follows:
! Alfred Crossley, Washington. Ra-
diofreuuency choke coil system. As'
signor to Wired Radio, Inc" Ne"
York;
Harry G. Zimmerman. Washington.
Control valve for recuperator mech
snisn.
Samuel Reubens, Washington
Check protector.
William O. Owens, Washington.
Process Of blasting.
John D. Ross. Washington. Nonslip
attachment for automobile wheels.
Andrew IL. Tyson, Washington.
Method of and mechanism for per-
forating plastic material.
Henry {. Fuller, Washington
Medicinal product.
Thomas A. Conlon, Silver Spring,
Md. Gun trail connection.
Bernard +. FRANKIE, Catonsville, Nd
NPaper spool.
" Edwin Lundgren, Frederick. In
derfeed stoker furnace. (Assignor 10
Combustion Engineering Corporation
New York CitX;l ,-.:.-..4--.-~.s--s.-.--~--
Evening star., 1927-05-15
'THEATER BOXES LOSING
POPULARITY IN LONDON
Are Provided for Royalty, but "out
Of Fashion" with General
Public.

BY the Associated Press.
LONDON, May 14.--Theater boxes
have gone out of fashion.
There will always be box or two
in every theater for royalty. however,
but as a paying proposition they have
gone by the board.
The Prince of Wales often attends
the theater, occupying an orchestra
seat. He does not care for boxes at
all, and only appears in them on for
NAL occasions, much preferring to
purchase a seat through a booking Of
flee and mingle with the crowd during
intermissions.
London's newest theater, which
opened with Lady Luck" has but
two boxes.
Managers say that even with phe-
nomenal successes, like Rose Marie"
which ran more than two years at
Drury Lane, the last places to be filled
were the boxes.
The King and Queen have first call
on the royal box in every London the.
alter, and it is never sold until an hour
or two before the performance.
Evening star., 1927-05-15
CORN GOESTO HIGHEST
LEVELS OF SEASON
Wheat Trade Fails to Show Snap,
Spectators Flocking to Other
Parts of Market.
By the Associated Press.

t3y
d CHICAGO, May 14.-Corn took the
center of the stage today, and jumped
to the topmost point reached yet this
season both for July and September
contracts. Decreasing stocks of corn
here, together with adverse weather
conditions and unusual lateness or
planting, gave incentive for specula-
tive buying.
Corn closed strong, IA to net
higher, wheat unchanged to Is up,
oats showing Is to as advance, ana
provisions the same as yesterday s
finish to a rise of So.
Activity. as well as strength, char
acteriZed the corn market almost
from the beginning. The forecast was
fair and somewhat cooler weather,
Ehereas warmth and dryness are
much needed Besides, corn was being
taken out of here for industries. and
1t was shown that receipts here for
the week were only about half as
large as a year ago. Shipments from
here meanwhile were twice as large.
Cash sales here today amounted TO
III 900 bushels.
: Broadening of commission house
demand was a feature of corn trad
ing, although the bulk of purchases
were for professional spectators.
Some of the buying was on standing
orders to stop losses at various flxed
limits. May at the high point showed
Is a bushel advance from the recent
low level Contributing to the upward
swing of the market was Likelihood
that visible supply figures on MONDAY
would exhibit a good-sized reduction.
Torn offerings today were at no time
burdensome. Oats sympathized with
corn.
Wheat trade failed to show snap
today, traders fiocking to the corn
crowd. Advances too, in wheat, We're
checked by predictions of generally
fair weather Northwest next week
making the outlook more favoraole
Cor completion of Spring seeding. On
4he other hand. Kansas reports 10.
aav said indications are that this VIII
be the worst Hessian fly year since
1915.
1 Provisions were responsive TO corn
Strength and to firmness OF the hog
market
Evening star., 1927-05-15
BULLS HOLD SWAY
/ IN STOCK MARKET
4
Trading Is Unusually Heavy,
With Irregular Cross
Currents.
Rv the Associated Press.

BY the Associated Press.
s NEW YORK. May luxurious
cross currents Of prices swept through
Soday'S stock market, but. in the
main. operators working for higher
prices retained the upper hand. Spec.
ulation centered largely in the rich
mems stocks" selling above $3.50 a
share. several of which were bid up to
record high prices. Trading was I'M
usually heavy for a half holiday ses-
sion. total sales running we'll over
a million shares.
There was nothing in the days news
to influence the price movement,
which appeared to be based largely on
easy money and the continuation OF
a relatively high volume OF trade ac-
livity, as revealed by heavy bank
rlearngs and freight car loadings.
Such irregularities as We're reported
in the weekly mercantile reviews were
tiisregarded The bullish enthusiasm
which had been engendered for the
oil shares when negotiations were be-
gun to curtail production dwindied
somewhat when it became apparent
that the restriction measures were
meeting with serious opposition from
some of the large producers.
Baldwin was again the lndiVldual
feature. climbing 6l2 points to a new
record high at 206. largely at the eN-
1lense of an overcroWded short IN
ferest. and then slipping back to 2o2 u
on realizing. Other railroad equip
anents also were strong, with buying
Influenced by the placing of recent
orders for cars and locomotives. Pull
man scored an extreme gain of nearly
S points, and approached to wlthln
a fraction of the years top, while
American Locomotive, Pressed Steel
Car and Timken Roller Bearing ad-
sanced point or two.
United States Cast Iron Pipe scared
eja points to a new 1927 maximum at
o4l1a, and then eased to 23S. The
sudden outburst of strength in the
packing issues followed the announce
ment that the Argentine meat war"
had been settled in London. Motors
avere heavy, but in most instances
the losses were small. Savage Arms
l,roke 3 points to a new low at 4S,
and heaviness cropped out in CONNER
Sial Solvents B, International Silver
and South Porto Rican Sugar.
Rails were rather quiet, although
s'Nickel Plate" common and Chesa-
Deake and Ohio attained new peak
prices at 224i2 and 1922, respective
". the former losing its gain on real
izing. Hooking Valley also was pushed
up to new top at $50 on odd lot buy
ing. Frisco common closed 2 points
higher at 114&.
Foreign exchanges We're slightly
easier. Demand sterling dropped Is of
cent to around 4.S5A on selling, pre-
sumably inspired by fears that the
recent stock market collapse in Ber-
lin would result in the withdrawal of
German balances from London.
French francs sold down to around
39114 cents. German reichsmarkS
held firm around 1858 cents.
Evening star., 1927-05-15
PRICES IRREGULAR
IN STEEL MARKET
Majority of Steel Mills Adjust
ing Operations to Meet
Seasonal Demands.
BY the Associated Press.

BY the Associated Press.
NEW YORK. May 14.-Reports
during the week indicated that the
tendency among the majority of the
steel mills was to adjust operations to
meet the moderate seasonal demands.
There were a number of mall orders
in the market calling for various
qualities. Some increase in railroad
equipment buying was noted and con
tracts were placed for fair tonnage,
Price movements were irregular and
shading occurred with the increase in
competition. Sales of pig iron in the
Eastern markets were confined to
small lots. In some localities easier
prices were reported.
The Improvement recently noted in
the dometic demand for copper has
not been maintained Consumers
apparently have supplied their current
needs and 1t is reported that some
users have covered part of thir July
as we'll as June requirements. Export
dmand continued, however, and while
the business has been generally in
small lots. prices have held steady at
the 13 cent level for electrolytic de.
livered at Connecticut Valley points
The hullish features in the April
statistics contributed to the firmer
attitude of sellers.
Tin turned easy with increased
offerings at the lower levels. The re-
action abroad, together with the mod.
crate demand here, accounted for this
movement.
Lead prices were maintained and
producers reported a slight gain in
the volume of sales. The April sta
tistical statement was about as eX-
pected, with a moderate increase in
stocks indicated.
Zinc was unsettled, with prompt
shipment offered at concessions. Ore
was easier.
Antimony wa slightly more active
early, with the movement absorbing
fair quantities of spot stocks. Later
the tone was easy on intimations of
lower prices for shipment from China
Brazil was originally called Terra dc
Evening star., 1927-05-15
Gift Travels Five Years,

Special Dispatch to The Star.
COLUMBIA, Mo-, May IA Christ
mas gift in the form Of $25 in cur
rency sent by w. j. Casey, postmas-
ter at Knoxville, Iowa, to his son,
John Casey, of the Japan Advertiser,
at Toxic, in 1922. has just reached
Casey here after travelling over land
and sea for almost five years, one
Of the trips being to France.
Evening star., 1927-05-15
Buttermilk Saves Burning Car.

Special Dispatch to The Star.
MARSHALL, Mimi, May IL
Nothing like bit 6 good old-fash-
ioned buttermill at the proper time
believes Mike Jenner. who lives
north Of here. Jenners automobile
burst into flames while he was am.
bling along the road. He took a can
Of buttermilk from the back of the
car. used it as he would a fire ex-
tinguisher and continued on his way
Evening star., 1927-05-15

A -. RODEIRlc.
Newly elected president Of Washing
ton Chapter, American Institute of
Banking. He is secretary to the presi-
dent of the Riggs National Bank and
has been very active i'm perfecting the
educational program for local stu
dents i'm banking, also serving this
year as vice president.
Evening star., 1927-05-15
OPPOSE TALKING MOVIES.
Paris League of Silence Organized
to Combat Invention.

PARIS, May IA P).-Opposition to
the talking" film has grown to such
an extent in France that a League
of Silence" to combat it has been
formed by a number of leading Gin
ema critics and producers.
''It is wonderful invention" say
the critics. "but that is no guarantee
that it stands for real progress as far
as the art of the movie is concerned" :"
They declare that the film must re
main a picture, and that the spoken
word is not only superfiuous but
actually destructive of the imagery
and symbolism of the ideal motion
picture.
Evening star., 1927-05-15
PRINCE ATTENDS COLLEGE
Japanese Royal Family Member
First to Break Precedent.

TOXIC. May IA R.-Imperial
princes in Japan usually receive their
education at the hands of private
tutors But Prince Fujimaro Yamas-
hina, % years old, one of the more
democra tically inclined members of
the Japanese royal families, has gone
in for public education.
lie recently took his degree OF
bachelor of literature at the Imperial
University. in competition with nun
dreds of young commOners. He -
the only prince of the blood ever
graduated from the university. The
prince announced he intended to take
a post graduate course In Japanese
and Chinese history
Evening star., 1927-05-15

Spain has appropriated nearly
50 ,000,00 for construction of the
Cuenca Utiel Railway.
Evening star., 1927-05-15

Brazil was originally called Terra de
Brasil or land of red dye wood.
Evening star., 1927-05-15
BURIED TURKEY LIVES.
Entombed in Snowbank Since Jan.
uary, It Finds Food.

HILLSBORO, N. Oak, May IA
hen turkey was found alive in a snow
bank near here after being imprisoned
since January. Covered by several
feet of snow the turkey managed to
live by scratching about in the earth
under the bank for food. When found
it was thin and weak. is reported
to be gaining now. 1t was liberated
by the Spring thaw.
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1927-12-01
TRUCK DRIVERS UNION PROS
PERS
PERS

What did we have few years ago?
Worse than slave conditions Who would
believe twenty years ago that thousands
of our members would be getting va
cation with pay as per our agreements?
Who would believe that truck drivers of
local 207 would have Lincoln cars, with
officers at good salaries and over $780,
600 in their treasury? Who would admit
a few years ago that the milk drivers
would be working a six-day week and an
eight hour day? Who a short time ago
could conceive of the drivers in Cincin-
natl having fully paid for an Office build
ing, worth over 100000? SO it is ev-
erywhere.-Daniel J. Tobin, president of
the International Brotherhood of Team
sters, Chaulfeurs, Stablemen and Helpers,
as quoted in the Union Labor Advocate
of Chicago, May, 1927.
The Editor Of the Advocate, by way of
comment says:
Eyes, brother Tobin, we agree with you
in every particular There has never
been time in the history of organized
labor when everything looked so bright
for the working people as it does today,
and we predict that in every way we will
continue to improve in the future. We
further believe that the largest percentage
Of gain for better conditions in every way
has been in the last seven years since the
Volstead Act became law"
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1927-12-01
INCOMES INCREASE

Estimates by the National Bureau of
Economic Research of the total current
income of the people OF the United States
in 1926 indicate an increase of more than
40 per cent over the income of 1921. The
figures expanded from $62,836000,000 in
1921 to $50, 682, 100000 in 1926 Comment
ing upon these figures, the Chicago Daily
News OF March 7, 1927, says:
NO part of the remarkable growth
since 1921 expresses a fictitious quantity
resulting from an increase in the price
level, for the average prices OF consump-
ton goods were slightely lower last year
than they were six years ago. Incomes
of gainfully occupied persons last year
averaged 5000 as compared with $l,537
in 1921 And despite the increasing pop
ulation and the relatively elastic supply OF
natural resources, the per capita income
mounted from $579 in 1921 to $40 in
1926"
Continued ON Page o.
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1927-12-01
$40 NEW HOTELS IN ONE
DRY YEAR

Tn 1926, $40 hotels were erected in the
United States, representing an investment
OF $400,000,000, and it is estimated an adj
ditional $300,000O00 will be spent this
year on new hotel buildings. This sum
does not include the cost of sites. More
over, old hotels will spend $50,000000 in
rebuilding, and new apartment hotels
costing $8oO0OO00O are in prospect
From an editorial in the Chicago Daily
Journal, published in April 1927.
Vets used to say before the Eighteenth
Amendment became operative that the
hotel business would be utterly ruined as
result of outlawng the liquor traffic. 1t
would be difficult, indeed, to find any big
hotel operator who for business reasons
would be willing to go back to the old
saloon days, which would mean the es-
Enlistment of hotel bar.
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1927-12-01
money deposited in banks not in the list
of labor banks.-Union Labor Advocate
of Chicago, Janpary, 1927.
GARMENT WORKERS MILLION
DOLLAR LABOR TEMPLE

The Chicago Daily News OF December,
Is, 1926, announced that work would soon
be begun in the construction of a million
dollar labor temple in Chicago. Financ-
ing for this temple has been completely
furnished, and not dollar of the invest
ment will go to mortgage lien, says the
announcement. Funds were raised by
popular subscription. The completed
structure will be the recreational and ed
vocational home for the 10000 Chicago
workers in the mems clothing industry.
Concerts, lectures, recitals and other pro-
grams will be held in the great audtori-
um on the third floor, which will have
height of two stories and will seat close
to 1000. The first floor will have a IL
brary room to house the 10000 volume
circulating library.
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1927-12-01
$1,000, 900 IN LABOR BANKS

Deposits in labor banks in the United
States now run to total of ST. ,000000,
600 At the close of business June so, to-
tai deposits in 30 labor banks were $l10,-
875,791. Accumulation of this enormous
total OF money is the result OF only six
years of effort in the labor banking field,
ard it is only six years since the first la
Dor bank opened its doors.-Union Labor
Advocate, Chicago, January, 1927.
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1927-12-01
LABOR NOT WET

For some time the press of the coun-
try has been filled with statements from
people in all walks of life claiming that or
gained labor is wet and opposed to the
Volstead law. While there are some I'M
ions which entered largely into the manu-
featuring and distribution of the brewers
products who were naturally opposed to
the enactment of the present law, yet as
whole the laboring people in general
have been more than satisfied with the
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1927-12-01
RECORD FREIGHT HAULAGE

All records for freight loadngs on
American railroads for the January to
June period, 1927, were broken by the
carriers during the first 81 weeks of 1927
when the total reached the impressive fig
TIRE of 25,326,726 cars. According to the
figures furnished the car service division
of the American Railway Association by
the carriers, this is an increase of 317,575
cars over the corresponding period of
1926, and an increase of 998,236 over the
same period Of 1925.
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1927-12-01
LABOR BANKS PROSPER

Total resources of the group of labor
banks run far above the figures shown in
the deposit column. The financial
strength of labor, a matter OF great un-
certainty prior to the advent of labor
banks, now is amply indicated In total
this financial strength would run far above
the funds shown by the bank statements.
1t probably could be but little more than
approximated 1t would include the cash
value of a large number of buildings
throughout the country, some OF them
small meeting halls anC some of them
imposing metropolitan structures, and it
would include large sums invested in
bonds and other securities, as well as
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1927-12-01
HERE'S A SAMPLE

When prohibition was imminent the
VETS predicted dire calamity for the no.
tells. 1t was beyond their comprehension
how hotel could prosper without a bar
room. Early in May, 1927 the Stevens
Hotel, said to be the largest hotel in the
world, was opened in Chicago. 1t was
built at a cost of $27,00O00O It has %
stories and extends for a full block along
Michigan Boulevard. 1t has 5000 out
ide rooms and 5000 private baths, with
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1927-12-01
rom Page .
MORAL STANDARDS NOT LOW
Erred

The college student presents the high
est level of moral standards today. | do
not believe there has been any radical
change in the moral standards of any COL
lege man of today, and certainly no dete-
rioration in student morals.-Shailer
Matthews, dean of the divinity school of
Chicago University, in statement Janu-
airy p, 1927.
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1927-12-01
MANUFACTURERS SEE DRY LAW
BENEFITS

The Babson Statistical Institute of
Wellesly, Mass, founded by Roger Bah
son. the world authority on economies,
in March, 1927, framed and sent out a
questionable to manufacturers in an eff
fort to determine the effect Of prohibition
from an employers standpoint. Seventy
five percent of the large employers in the
country, representing thousands of work
ers, stated that the effects of prohibition
sad been beneficial both to their COM
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1927-12-01
UNION LABOR LIFE INSURANCE
CO.
CO.

Adding to the financial strength Of Ia
Dor is the new Union Labor Life Insur-
ance Company preparing actively for the
opening of business. President Wall is
now continuously engaged in making the
necessary arrangements for an expert
staff. With this company in operation
there will at once begin a new accumula
ton of labor funds.-Union Labor Advo-
cate CT Chicago, January, 1927.
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1927-12-01
MORE TALK-LEss IMMORTALITY

Youth likes to dramatic, and today
there is more talk and less immortality
than ever before. In my capacity as di-
rector of student activities of the Univer-
sty of Chicago, have not observed a
great amount of drinking, but have no.
ticed that men who do drink like to talk
about it-Frank H. O'Hara, director of
student activities, Chicago University,
January 1927
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1927-12-01
YOUTH UPHOLDS MORAL
STANDARD

I do not agree that student morals to-
day are lower than they have been in the
past. I have seen several instances where
returning graduates have had bad inhu-
ence upon undergraduates, but the under
graduate body itself has standards as high
as any in past years.-Chancey S. Bou-
cher, dean Of the college of arts, letters
and science, Chicago University, Jan. p,
1927.
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1927-12-01
ECONOMIC EFFECTS AS REFLECTED IN VARIOUS
INDUSTRIAL ENTERPRISES

circulating ice-water in every room. 1t
has library of $4,000 volumes and over
100 large sample display rooms. 1t has
what is said to be the largest and most
beautiful ballroom in the world, and 70
smaller bathrooms. The dining rooms
have a seating capacity of 4,40O, the ban
quet room a capacity of 5000
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1927-12-01

adoption of the Volstead law. No single
class of our people has benefited more
than the laboring people. They have labor
temples and banks today in place of din
gy quarters, and they settle their dis
putes without drinl,-caused riots.-Union
Labor Advocate, Chicago, January, 1927