davidaulloa/AmericanStories huggingface dataset:
Douglas daily dispatch., 1927-08-02
Weekly Copper ReUiew
BY CHARLES F. WILLIS
Editor. The Mining Journal

It appears that the metal market
has definitely made it's turn upwards
and copper, lead and zinc have main
tained the price increases during the
past week. Copper still stands at 1928,
lead at 6.6O and zinc at 6.35, all strong.
Heavy buying in June, accompanied
by a definite curtailment program OF
the lead mines, has caused the price OF
that metal to steadily advance. The
course Of the market has been down
ward since early in March, when lead
sold at 765. There is no evidence OIL
lead scarcity, as production IN June
totaled lust about the same as in May,
but the heavy buying of June caused
a 5000 ton reduction in stocks.
The world production of lead Tor
June showed an increase over May, IN
spite of the fact that there was one
more day in May. This increase was
in the United States, Spain and Tunls
production and there was a decrease
in Mexican and Canadian lead. The
total world production of lead for June
was 153,O 900 tons.
There seems to be no fundamental
reason for the strengthening and ris-
ing of the price of zinc other than 1t
has reacted to the upward trend of the
metal market. Buying activity in the
other metals has caused a similar &C
tivity in zinc and greater strength
both here and abroad.
The world production of zinc Tor
June was about the same dialy rate OF
production from Belgium and Polish
Silesia. The monthly average rate for
the first six months of 1927 was 49,
358 tons as against 110,424 tons OF the
same period last year.
While the decrease in refinery
stocks has been contributing factor
to the turn in the copper price, the
fact that the copper mines have ac-
tually curtailed in production to suf-
ficient extent to cause a continuing
decrease is the real cause. On the
face of the June statistics it looked as
though there had been some curtail-
ment of production during that month
but that was not true, as June was a
Douglas daily dispatch., 1927-08-02
COTTON MARKET

CHICAGO, Aug. / Dangerously
low temperatures in parts of Canada
and reports of rapid development of
black rust in Minnesota, the DakotaS
and Manitoba lifted wheat prices to-
day. Wheat closed firm, Ac to 5sc
net higher, with corn 3sc to 1850 up,
visions varying from 12c decline to a
rise of 10c.
Reports of frost in Canada came
from Vermilion Alberta, and from
Saskatoon, Saskatchewan. These re-
ports arrived here shortly before the
wheat market closed and gave special
emphasis to preceding advices of tenn
peratures of "a to SO elsewhere in Can
adian spring crop territory. Fear of
frost damage became the dominating
factor at the last, whereas early in
the day black rust news was the out
standing influence, with temporary in
tervening declines due to monthly
private crop estimates being construed
as bearish in some quarters. Hedging
pressure was also noticeable at times,
and there was 5,751 900 buShel increase
of the domestic visible supply total
Black rust advices from government
sources said the situation in Minnesota
is the most critical since 1916, that
spring wheat is practically ruined from
Minneapolis to Cangy, with the rust
situation also critical in the Red river
valley, and that rust showed rapid
development in eastern South Dakota.
Besides "a leading private authority
telegraphed from Watertown, S. D.,
that black rust damage seems certain
in late wheat and that, if swift prog
ress of the rust continues, the losses
will be severe in North Dakota and
Manitoba where much of the wheat
is late enough to be badly damaged.
Corn prices averaged higher, the
general run of crop comment being
rather unfavorable. Oats sympathized
with corn.
For the most part, provisions were
easier on account of scattered selling.
Douglas daily dispatch., 1927-08-02

ernment report on boil weevil activit-
les and reports Of further rains or
showers in the eastern belt, was re-
flected by sharp advances from an
early decline in the cotton market
here today. December sold up from
1888 to 1875, or 25 points net higher,
but met a renewal Of realizing at this
figure and eased off during the after
noon. The mid-afternoon market was
rather unsettled, December selling at
18.45, and the general list showing net
declines of 6 10 10 points. Close:
January, 18.58@59.
March, 1878.
May, 1896@98.
october, 1827@28.
December, 18.52@53.
Douglas daily dispatch., 1927-08-02
Weekly Industrial
Review Of Arizona
Shows Great Activity

Yuma--TWo important gold strikes
occur in Little Hatchet mountains.
Phoenix = Phoenix shows gain in
bank business for June over same
month last year of about $25OO,OOO.
Phoenix Carload shipments of can't
aloupes so far this season total 1857.
st. David-$ $33 900 appropriated for
repairing highway bridge over San
Pedro river at St. David.
Many wildcat oil test wells being
drilled in southern Arizona.
Winslow-Federal Bakery, recently
destroyed by fire, reopened.
Douglas -$180,000 tourist hotel to be
constructed here.
WinSlow - Construction of new
Square Deal Service station on West
Second street nearing completion.
Emergency appropriation of $121,-
900 for repair of bridges in Arizona
made recently.
this city and Crystal Ice and Cold
g.
Benson-New Benson water plant
will be in operation August l.
Shipments of grapes and cantaloupes
from Salt river valley progressing
satisfacS Sorily. Conditions of cotton
crop very good.
Yuma-Large tourist hotel planned
for construction on Prison HILL
PhoeniX-$ 900 new First Pres
byterian church being erected here.
Holbrook- Frank A. Gillespie and
Son to drill test oil well south of Bah
bits Tanks on National Old Trails
highway.
Clifton-Work resumed on old Clara
Consolidated mines at Swansea.
Greenlee county gets $14.311 as first
quarterly school fund appropriation.
Snowflake = Construction of new
swimming pool commenced.
Douglas daily dispatch., 1927-08-02

tation troubles through which the Eu-
ropean countries have been passing,
but nevertheless, the trend has been
steadily upwards and 1927 is starting
with promise to exceed anything
else.
1t is generally felt that the turn of
the market has come and that we
may expect some further increases in
price of all the metals, and Cills will
probably come true if the copper and
lead producers stick to their curtall-
ment policy and refuse to let higher
prices induce them to increase pro-
duction. The market is, and has been,
very sensitive to slight changes in pro
duction and the lack of a definite
program as well as it's results is we'll
known to the consumers.
Douglas daily dispatch., 1927-08-02

NEW YORK, Aug. / lP)-The "bull'
movement in stock prices, which has
been under way with few interruptions
for three years, reached new peak
today when broad buying movement
developed as result of further cas-
ing of the credit situation, generally
regarded as the backbone of the cur
rent advance. Buying orders were dis
tributed over broad list but were
most effective in the railroad and
merchandising groups, which furnish
ed nearly one-half of the two score
new high records established during
the session.
With the heavy month-end demands
for funds largely taken care of. call
money was again in plentiful supply,
dropping from a renewal rate. of 4 to
81 per cent. Time money and COM
merciaJ paper rates were unchanged
but a further easing in bankers ac-
ceptanceS carried them to the lowest
levels. since the summer of 1925.
Recent buying of high grade stocks
presumably has been influenced by the
fact that current dividend yields are
Douglas daily dispatch., 1927-08-02

Saturday; top 1925 for four loads 164
to 1876 pounds Butchers; mixed Of
ferings 1925 to 1890; packing sows
825 to 900.
Cattle 1000; active, all classes steady
to strong; bulk steers 100 to 8.75; bulk
she stock 500 to 6.25; top COWS, CTS;
all cutters 275 to 4.50; bulls $50 to
6.25.
Calves 50O active, steady; bulls 200
to $50 pounds Vealers, including Ari-
zonas, HOO to 1925. N1a
Sheep none; Saturday ten decks 50
pounds. California lambs 1925 with
Is per cent sort at HOO; ewes steady.
Douglas daily dispatch., 1927-08-02
MINING JOURNAL HAS
ITEM ON LEAD SMELTER

In the most recent edition of the
Mining Journal, the following article
appears in the section devoted to the
mining activities of the southwest:
''The new lead smeiter of the Phelps
Dodge corporation at Douglas, Ariz.,
is rapidly nearing completion, and
the company expects to blow in early
August. The automatic sampling plant
is now working, and all ores received
are sampled Immediately and bedding
started. H. j. Bishop, ore buyer for
the smelter, expects a heavy run Of
Douglas daily dispatch., 1927-08-02
Metal Quotations

The average daily quotations for
copper, silver, lead and zinc, as car
ried by the Engineering and Mining
Journal for the week ending July 70,
are as follows: Copper 1916; Silver
56.65; Lead 6.5; Zinc 632.
Douglas daily dispatch., 1927-08-02
Hotel ArriDnls
GADSDEN

GADSDEN
Wallace Burbridge; Tom Gibson,
Ell Paso C. Harris Los Angeles; G..
P Windsor, Nacozari; R. Bulinger.
Los Angeles; NJ B, Cramer, Bisbee;
M. P. Dalton, New York; II. o.
Walker, New York; B. Chenowith.
Lordsburg; Bill Garrett, Lordsburg.
Douglas daily dispatch., 1927-08-02

custom ores in. addition to the ores
from the Copper queen and the Shat
tuck"
The Mining Journal contains de-
tailed information as to the mining
conditions in all sections Of the United
States.
Douglas daily dispatch., 1927-08-02
LOS ANGELES LIVESTOCK

LOS ANGELES, Aug. / R--Federal
state livestock market news service)-
Hogs 600, active, fully 25c higher than
Douglas daily dispatch., 1927-08-02
GRAIN MARKET

NEW YORK, Aug. l lP)-A bullish
view of the end-season figures COM
bined with bullish features in the gov
Douglas daily dispatch., 1927-08-02
STOCK QUOTATIONS

Closing Quotations Furnished Dy
RICE & COMPANY, Brokers,
029 G Ave. Phone III
Douglas daily dispatch., 1927-08-02
BULL MOVEMENT
HITSNEW PEAK
ONN..Y. MARKET

Total stock sales 2,106,600 Shares.
-Ex-dividend 0875.
Douglas daily dispatch., 1927-08-02
Freckles and
His Friends

$3.50 s,y-&. 4,zs.. sss.N.sss
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1927-02-04

in addition to any other income
which they may have
In the paragraphs above. mention
has been made in several cases TO
"Gross-Income" and "Net-Income.
BY Gross-Income is meant the en-
time amount of profit from a trade
or business before any deductions
are made for salaries, rents or
other expenses. Nct-Income covers
the amount remaining after all al
lowable deductions have been taken
from The Gross-Profit
In Tuesdays edition Of the Pleas
antville Press. Mr. Waters viii 90
into the question OF allowable de-
auctions and exemptions, and in
the mean time he viii be pleased
to answer any questions that may
be bothcring our readers, providing
they are Of such character that
space will allow us to properly an
swcr them in this column. If your
question is such that il will require
4 lengthy answer. a self-addressed,
stamped envelope should be encios-
ed, and your inquiry will be an
swerod by letter. (Editor)
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1927-02-04
Many Luminous Plants
Knowl TO Naturalist

Glow worms are not the only IiV-
Ing things that are luminous. SeV-
eral plants and parts of plants have
the power of shining in the dark.
There is, for example, luminous
moss. 1t can be seen in creyices
among rocks and large groves by
the roadside, some, mes in patches
measuring six or seven inches
across. The common tormentil
gives off a light, too-just close
near the roots. If the roots are dug
up aud cleaned of soil, they will be
clearly outlined in the darkness by
pale green phosphorescence.
The light given off by decaylng
wood is common enough. but few
people perhaps have noticed the
light given off by leaves during the
fall of the year. When beech and
oak leaves start decaying they glow
with much the same kind of light
that comes from fresh fish.
This light Is caused by tiny
threads that are interviewer into
the plants and are essential to their
health, although often they do not
start glowing until the plants are
either dying or dead. If the IN
derside Of a glowing beech leaf Is
examined under magnifying
glass. many yellow spots will be
seen. These are the centers of
the fibers, and If one is disturbed
with the point of a pin it will glow
more brightly for a few minutes.
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1927-02-04
Music of the Desert

During the holy month of Rama
than, when the Mussulman feasts
only after shutdown, the Sudanese
reveille awakens the sleeping sol
der at midnight. 1t is the voice
Of the desert itself, expressed by
sons of the desert. The golden
notes of massed bugles rising in the
silent night, and the swelling roll
of the drums, are thrilling beyond
description, because they are the
vocal spirit of an intangible some
thing that always touches the soul
Of man. The deep velvet sky, the
glowing planets, the vastDess and
silence of the desert, the utter alb
sence of distraction, make 1t
blending of perfect beauty so per-
feet that one scarcely breathes for
fear of breaking an illusion.-Wil-
liam A. Anderson in Adventure
Magazine.
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1927-02-04
Hancock q Real Patriot

During the Siege of Boston, Gen
sral Washington consulted congress
upon the advisabibty of lombard
ing Boston. John Hancock. a dis
tinguished merchant. was the pres
ident of congress. When Washing
toms letter was read, a silence en-
sued. and all waited John Han
cocks opinion. Naturally, he was
personally interested to great de-
gree, for his large and valuable es-
tate was located in the heart OF
Boston. John Hancock. after
moments silence, addressed the
committee in the following words:
ut is true, sir; nearly all the prop
erty have in the world is in houses
and other real estate in the town
of Boston; but If the expulsion OF
the British army from it, and the
liberties of the country require
their being burnt to ashes-issue
the order Immediately for that pur-
pose. The Market for Exchange.
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1927-02-04
LEGIONS REVUE
IS REHEARSING
"Chien Chaud," to Make APP
pearance in Auditorium,
March 2-3-4-5

And now for Chen Chaud, the
annual revue presented by Main
land Post No. 81, of the American
Legion, in the auditorium Of the
High school building March 3, 8,
a and 5.
RehearsaIs on the show this
year, which S different In every
respect from the offering of last
winter, are getting under way as
the soldier boys, and their aids
including a large number of the
young women of the city who will
take parts in the three choruses
prepare for the four night pre-
sentation
George Stroup, who has taken
part in a number of Minstrel
shows put on by the Salem
Mems club and other civic and
fraternal organizations in this and
Atlantic City, will be in the Chen
Chaud show this year. His songs
have always been well received.
The three choruses include the
Beta Sigma chorus, the lambda
specially chorus, and the Lorraine
singing ensemble. the latter under
the direction of Mrs. Yrma Geiger.
Eddie Wiekman and bis Night
Owl orchestra will furnish the
music for the show again this year.
made a number of special trips to
Members of the Legion post have
New York to get Special musical
numbers, and the show will contain
a number Of hits.
Ticket headquarters aave beel.
announced as follows by Legion
managers: Central ticket Office:
Penhallow Stationery store. SUD
headquarters: Lang's Drug store;
Sovereign Paint shop; Post Office
building; Sanders Meat Market;
Corio's printing office.
The Legion and its Auxiliary held
a joint meeting in the Legion head
quarters on First street Tuesday
night. A. baked bean supper was
served by the basketball team. All
attending reported an excellent
i;,,,o
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1927-02-04
DEP ARTMENTAL
WORK EXPLAINED
Supt. S. NJ. HOrstick Principal
Speaker As No. 3 2. T.
A. Meets

s,upt S. NJ Horstiek was the
principal speaker when the Leeds
Avenue Parent-Teachers' Associa-
ton met in the school Wednesday
evening. His subject was Depart
mental Work"
Prof. Horstick explained that in
this method Of study. in the grades,
each teacher has one particular
subject to teach from the fifth to
the eighth grade. She can special
ize in that one branch of work
which she may like best and thus
be much better fitted for her work.
The speaker also stated that
some parents disapprove of the
domestic science department and
athletics in the schools, but he
said they are both character build
ers and teach the student to rely
on himself and not to lean upon
the teacher.
In closing, he said that the boy
or girl who is being taught to de-
pend on themselves as department
tai work. domestic science and ath-
letics do help them viii make much
better citizens. responsible and in
full control Of themselves.
The meeting was in charge of
Mrs. Edward Adams, president Of
the association. The following pro-
gram was rendered
Singing, America" Bible read
ing by Miss Helen Burroughs; drill
and flag salute, led b. school chill
dren; recitation by one of the pu-
pills; song, Santa Lucia" BY the
seventh grade: athletic drill b. the
school; singing, Might Song" by
children Of the seventh aud eighth
grades; recitation. Don't Forget
Poor Pa" by a pupil; song, "Ciang
Of the Forge" by nine pupils.
A cake sale was planned to take
place Saturday. Feb. Il, in William
2. Morris meat market, Shore road
and old turnpike. Mrs. Ada Ebert
son was appointed chairman Of the
committee. with Mrs. Mae Leeds,
Mrs. Alice Leeds, Mrs. Helen Hol-
royd. Mrs. Edward Adams and Mrs.
Belger to assist her.
Mrs. S. N. Horstick was a guest
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1927-02-04
SCHOOL BOARD
BACKS ALUMNI
With kiwanis Club, Will Lend
Assistance in Scholar
ship Play

The DSrd of Education, and the
KlWanis club approved OF the plan
of the Pleasantville High school
Alumni Association to establish a
scholarship funl at meetings
Tuesday, the Board giving the
Association dts fullest moral
support" while the Kiwanis mem
ibers appointed a committee of
three to cooperate with the
Alumni officers.
Meanwhile, rehearSf!s on
Daddy Long Legs, by Jean Webs
ter, the scholarship play selected
as. a vehicle this year, are being
held under the direction Of Miss
Estclle Newman, directories,
Funds realized from this play will
be used to establish the fund.
which will send student of the
graduating class of Pleasantvillc
High school to college for first
time this year.
President Amos Hall, of the
kiwanis club, has appointed a
committee consisting of DR..
Robert NJ. Grier, chairman; DR..
Lewis Spaulding and Dr. Ward
Weaver. to assist graduates of the
school to establish the fund.
Tickets for the play have been
distributed to school children in
the city schools by Alumni Asso-
citation members who are teachers.
Children Will be given one free
ticket for each ten they sell for
the play. which will be produced
on FEB. %. %, "a. Miss Elizabeth
Anderson has charge of the ticket
distribution.
Announcement has been made
that the American Legion, Main
land Post, No. 81, which is giving
CHEN Chaud, its annual show, III
the high school the early part of
March, will purchase a bloc of so
tickets for the Wednesday evening
performance Of Daddy Long-Legs.
The Alumni will reserve similar
blocs Of tickets for other city
organizations.
Miss Estelle Newman is expect
ed to announce the cast sometime
early next week. At this time a
tentative cast has been selected,
but various changes will be made
from time to time.
Space on a program is also be-
ing sold to merchants and bust
nessmen in the city by an adver-
Using committee.
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1927-02-04
PLEASANTVILLE PRESS TO run INCOME TAX
COLUMN FOR THE BENEFIT OF READERS

With the question in mind hcl is uppermos in most of
thoughts season, The Peasanle has
ichoas j. Waters the local Pub
lie Accountant which wifi appear
Pleasantylle for the weeks
wide know ledge the Income Tax situation
has been years experience preparation
come Returns win short article twice week In
come Tax Proceedings viii through
the couns Pleasantve Press hot be submitted by
you Coubs liability file the
amount Of exemption which entitled
troubles them the Pleas
antvie Press stating fully the facts the and Mr.
Waters your in the following edition Of this
All communications should be ad dressed to Nicholas Waters In
come Tax Department lille
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1927-02-04
QUOT TOURNAMENT.
Junior Mechanics and Legion to
Pitch Final Games Tuesday.

Junior Mechanics and Legion to
Pitch Final Games Tuesday.
Excelsior Council had very in
teresting meeting With good atten-
dance Wednesday night. The quoir
tournament is progressing nicely.
A decided change has been noted
in the improvement Of some in
their pitching. The deferred game
with the American Legion will be
played Tuesday night at Legion
nail. The games stand 20. This
will be the deciding game and the
teams are very enthusiastic as to
the outcome.
Next Wednesday night the Coun-
ell will hold a booster night A
large crowd is expected and proper
entertainment viii be given.
The membership is urged to bear
in mind that on Thursday night
the County Couleil of Past Coun-
cilors viii meet at Pleasant Mills.
Those going will please be at the
hall at 7.30 P. NJ. that night.
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1927-02-04
INCOME TAX COLUMN
Edited by
NICHOLAS j. WATERS

NiOJ1Ol4tAD W n 3 NV
The first question that is usually
asked a Public Accountant BY those
interested in the Income Tax CUES
tion Is "Who should file an Income
Tax Return" The law is very
specific in this case, and says in
part:
FIRST-Every domestic or resi-
lent corporation, joint stock com
ANY. association, or insurance COM
pany, whether or not having net in
come, MUST file return, unless
such corporation is specifically e%-
empted under section 231 OF the
Revenue Act of 1926. These cor
porations which are specifically cx-
empted will be taken up in a later
article.
SECOND-A return must be Tiled
~ every citizen of the United
States, whether residing ut home or
abroad, and every person residing
in the United States, even it not
citizen, if their Gross-Income for
the taxable year amounted to 5000,
whether or not there is any Net-ln
come, or in case the Net-Incomc
amounted to $500, in the case of
single person, or q married per-
son who does not live with their
husband or wife; or $500 III the
case of a married person who is
living with their husband or wife.
This is regardless of how many de-
oendents the tax payer may receive
exemption for
The above two classifications are
the Income Tax Returns" upon
which the actual taxes arc based,
but there is in addition to these,
two Returns of Income" which
are also commonly called Income
Tax Returns, although no tax is
based directly upon the figures sub
mitted in these returns. These re-
turns are used solely to obtain in
formation regarding the amount OF
income made by these two classes,
which is credited to various indi'
Il I.,1r IN 30 E.
erence to these blanks that-EYcry
domentic partnership, and every for
eign partnership doing business
within the United States, or receiv-
ing income from sources within the
United States. regardless of the
amount OF the income, must make
4 return of income ON a Partner
ship Return, and every fiduciary
must make a return of income for
the estate or trust for which he
acts, if the Net income of such es-
tate Of trust is S1.500 or over, or il
the Gross-lncome is $4,000 or over,
or if any beneficiary Of the estate
Or trust is a nonresident alien.
The amount of income from these
two Returns of Income" which is
apportioned to the various partners
or beneficiaries should be carried
over to the Individual Returns of
these persons. and reported by them