davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28
BUYING IS HEAVY
|. ON STOCK MARKET
Issues Selected for Leader
ship Score Sharp Gains.
Motors Is Feature.
BY GEORGE T. HUGHES.
pccial Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, July 28.--With the back
ground of a General Motors earnings
statement which broke all records and
of trade reviews which we're reasonably
optimistic, the stock market started in
today to resume the advance initiated
yesterday Buying went ahead vigor-
ously and the stocks selected for leader
ship recorded sharp gains.
Week end evening up operations
checked the rise in the general list, but
did not prevent special stocks from
pushing ahead into new high ground
Fully as important, perhaps, as the
business news was the demonstration
the market had given earlier in the
week of its strong technical position
The industrial averages had made a
new high on the recovery Of the day be-
fore, and those who put faith in this
index were among the confident buyers
today.
General Motors Leader.
As was to have been expected Cen
eral Mott ) was an outstanding leader.
It ran up about 1914 early in the session
for a 2-point gain and stimulated de-
mand for shares of the independents,
notably Nash 81 Packard. A little later
Hudson was taken up rising nearly 4
points. The prosperity of the leader
in the industry. it was argued, was
pretty sure to be shared by the other
manufacturers. At any rate the motor
stocks as Il group were very strong.
Chrysler which had such sharp adj
vance yesterday, met realizing, but
Dodge Brothers preferred, which under
the merger plan is exchangeable share
for share for Chrysler, narrowed the
gap between the two increasing the
confidence that the combination would
go through. Dodge Brothers stock
holders have until midnight tonight 10
deposit their shares.
Mail Order Shares Strong.
Next to the motors, the mail order
stocks we're in the limelight. Mont
gomery Ward, crossing ITS, made a new
high for all time. u. S. Steel was
actively bought, and sold at new
high on the move, above las.
In the specialties Eastman Kodak
made a new top and Victor Talking
Machine, Union Carbon and Carbide
and Worthington Pump were strong.
There was special move in Cudahy
Packing, rejecting the improvement
in the packing trade.
The realizing was heaviest in the last
half hour. when most of the early lead
ers came down from their highs. This
was especially true of Steel and Gen
eral Motors. Chrysler was heavily
sold. American International ran up
above 100 for three-point gain and
the advance in Montgomery Ward was
carried further.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28
Baltimore Markets

BALTIMORE, July % Especially -
poultry--Spring chickens. pound. 38a
40; small. 30a36; Leghorns. 25a32: old
hens, 19a27. poor and thin I7a18; old
ROSTERS. 14ai6: ducks, 2la23: poor and
thin, 17al8; old, l5al8; pigeons, pair,
25a30.
Eggs-Receipts, GIG cases: native and
nearby current receipts in free cases,
Is; small, %.
Butter -- Good to fancy creamery.
pound. 44iaa47; prints. 47a49; blocks.
46a48 ladies. 35a38; store packed. 81 /;
process. 40a4l.
Hay and Grain Prices.
Wheat-No. red Winter. domestic,
no quotations; No red Winter, gar
licky. domestic, July delivery. 1929
August delivery, 1929: September de-
livery. r34l4; spot. 1921.
Bag lots of nearby. at wharf. sold at
range Of l.12al.20.
Cargoes on grade. No red Winter,
garlicky, 1874; No. 3, l.2834; No 4,
1850 No, 5. l.22A.
Corn--No. 2 yellow, domestic. 1.24a
1875. nominal; No. contract, export,
SOS nominal, per barrel.
Oats-No. 2. white. domestic, old, 75a
rs. No. 3. domestic. old, 74a75
Rye--Nearby new, l.l0al 90
Hay-Receipts none, Hay Is arriving
In ample quantity, but the demand for
local hay Is very limited and not enough
actual business Is passing to establish
quotations on the various kinds OF
grades Range of prices Is about 12.00a
1000 per ton for good hay in timothy
and clover mixed
Straw-~No. wheat. l300af400 per
/ ton: No. / oat, 1300ai400.
Country Produce.
Potatoes. white. bushel. 50a55; new
potatoes. barrel. 1i0al 40 beans. BUSH
, ell. 75al,25; beets, 100, 2.00a3 90: cab
bage, hamper. scars; carrots, 100. 3.00a
400: cucumbers, basket, 25a50; celery
crate, 3.50aT5 so: corn, dozen. i0a30:
elephants, crate. 2.00a2 IS; lima beans
bushel, l.00al.75; lettuce, crate. l.00a
200: peas. bushel, 200a2.25; peppers
basket, 25a40; onions, bushel, 40a75;
| squash. basket. 25a50; tomatoes, bushel
LOCAL so: basket 50a1 so.
Apples. bushel. 35al 90: blackberries
quart, i0aI5. cantaloupes, basket, 50a
f25: cherries. basket, 65a75 buckle
berries, quart. l2al8; peaches. hushel
| 75a2,00; plums. quart, 4a3; watermel-
ons, car, 60.00a22S.00.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28
ALLIGATOR SHOES
FOR MEN COMING
Brown to Be Outstanding
Color for Clothing This
Fall, Experts Agree.
BY J. G. ROYLE.

Special Dispatch to The Star.
NEW YORK, July 28-Brown prom
Uses to be the outstanding fashionable
color for both mems and women's gar
nents this Fall This conclusion was
reached today by designers of both
mem and womcn's clothes, manufac-
turers Of stockings, shoes, millinery and
dress accessories.
Many of these firms have joined to-
gether to pool the information and
ideas of their fashion experts and are
banded to work together to prevent the
wasteful introductio-' of styles and
colorings which do not seem likely to be
in strong demand by the public.
Their assertion, therefore. that brown
is to be the outstanding color is worthy
of consideration by manufacturers,
wholesalers, distributors, retailers and
ultimate consumers.
viii Wear Alligator Shoes.
Alligator skin shoes will be worn ex-
tensively by we'll dressed men this year.
For the first time in the history of the
country there is sufficient alligator
leather available for manufacture into
mems shoes. Heretofore, the reptile
feathers have been devoted entirely to
women's 1otwear The first hundred
for men are on their way to the retail
stores from the factory and schedules
call for the production Of an additional
half million pairs.
1.-The Fall season will usher in genuine
alligator shoes for men as one of the
outstanding styles" declared Jesse Ad-
| Ter, chairman of the styles committee OF
/ the National Shoe 2etailers' Association,
today THE shoes will blend with the
new shades of brown to be used in the
Autumn suitings.'
| The first showing to the public of the
new shoes is expected to be made about
August l. The new alligator feathers
| are expected to win favor because they
stand rough uSeage and preserve
glossy finish. which the tanner applies
after he has converted the gray-green
natural color of the alligator's skin into
the familiar brown shades with aniline
| dyes.
Caifskin in Thousand Guises.
Along with the genuine alligator
leather i'll parade calfskin in thou
sand forms, masquerading as lizard, al
ligator. cobra, python and water snake
and even as such fabrics as tweed and
q CHAM. The latter types naturally
are devoted exclusively to women's
SHOES. LIE COIpI1LlSS dAlQ ChEStS VA
can now be produced with calfskin ap-
pear to he almost unlimited. The Pc
culiar printing processes in use today
stamp the surface of leather In such a
way that it can be made to resemble
anything from fish scales to risples OF
a pond a breeze.
Shoe prices which reach their height
in the Spring, have reacted like good
many other commodities and now are
about Is per cent under the peak. This,
however, has been compensated for in
some part . the easing OF hide and
leather prices. Shoe production In 1928
has totaled about 1853 100000 pairs, or
3 600 900 pairs more than the CORE
spending period of last year. Produc-
ton in the latter half of the year is
liekly to increase 1t an even greater
rate in view of the tremendous demand
for sports footwear.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28
FOREIGN EXCHANGE.

NEW YORK, July % (P).--Foreign
exchanges mixed, Quotations Gin cents)
Great Britain--Demand, 485as; cables
485 1915; 60-day bills ON banks, 48l3a
France Demand, 3.9l 4: cables. 3.9t1a
Italy-Demand, 5.2S: cables, 5.23aS.
Demand Belgium l390h5 Germany
23.86ia; Holland, 40l9; Norway, 2670
Sweden, 26.74h: Denmark, 26.69ia :
Switzerland, 1885,; Spain, i64h:
Greece, 1,30; Poland 1925: Czechoslo-
vakia. 2.96l4; Jugoslavia, i.76, Austria,
l4.08 Rumania, 0,6l Y; Argentina. APPS;
Brazil. ll.96: Toxic. $3.50: Shanghai
6S.75; Montreal 999B 7-lG.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28
Wall Street Briefs

CHICAGO 81 NORTHWESTERN
The Chicago & Northwestern had a
rise in June net operating income to
SO ,063l97 from $2,853,l9l in June last
year. The total for the half year was
9,054, 094, against $8,432 ,843 In the first
half of 1927.
TIN PLATE Tin
plate producers in the Youngstown area
have enough untitled tonnage on their
books TO maintain schedules above 30
per cent for the balance of this quarter.
Prices of bars, shapes and plates con-
| tinue to stiffen.
CORN PRODUCTS REFINING
Corn Products Refining Co. earned $2.03
a share on the common in the first
half of 1928 after preferred dividends,
against 81 IS q share in the same period
of 1927 Net income moved up to So
026,054 from $3.50, 267. Second quar-
ter net was equal to $i.13 share,
against 81 cents in the second quarter
last year.
WHITE MOTOR CO.--White Motor
Co. earned $l45 a share in the first
half of 1928, against $108 share in
the first half of 1927 Gross sales for
the six months were $24, 159,955. against
$26, 708,300 year ago.
NEW YORK TELEPHONE. -Direc-
tors of the New York Telephone Co. au-
thorized additional expenditure Of $3.-
I'll ,845 for new construction, a total OF
$42,ll6,o96 this year
PARAMOUNT FAMOUS LASKY.--
Stockholders of Paramount Famous
Lasky Corporation are at new high
record of $500, an increase of IS per
cent since December Is, 1927. Capital
stock will be increased at stockholders
meeting August 6. from 100000 to
100000 shares for three-for-one
split up.
ARMOUR a. CO.--Armour a. Co.'S
sales for several weeks past have been
better than last year, both in physical
and dollar volume, despite the fact
that last year volume was unusually
heavy about this time, because Of the
pork selling campaign of the American
Meat Packers. The increase in dollar
volume has been greater.
WESTERN PACIFIC.~-The Western
Pacific had net operating deficit oil
| S35, 1881, for the half year, in contrast
to income of $474.861 a year ago.
LUMBER MOVEMENT The nation
al lumber movement for the week end.
ed July I'll was on the high level
established In the half year, reports tC
| the National Lumber Manufacturers
Association showing production of 352.'
67i 900 feet by 847 hardwood and soft
wood mills. shipments of 353,004,00t
feet and orders 1898 900 feet. Pro-
duction and orders we're higher thar
the week before, but shipments were
lower Untitled orders of ats Southern
pine and west coast mills were IT,.
924,035 feet, against 707,672,368 the
previous week.
WHITE ROCK SpRINGS.--~White
Rock Mineral Springs Co. earned 81 OF
share on the common In the hall
year after first and second preferred
dividends. against $i89 share a year
ago. Earnings on the second preferred
were equal to $3.50 a share, against
$9.47 in the previous period.
ROCK ISLAND LINES -~Net income
for the Rock Island Lines for the hall
year moved up to $3.507, 8i6 from S..
| 328,591 In the first half OF 1927 june
net income was slightly less than 4
year ago, $7ll.7a2, against $7i5866,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28
3. & o. NET DOWN.
Decreased Gross Revenues Pull
Down Roads Earnings.

Special Dispatch to The Star.
BALTIMORE. July 28.--With June
net railway operating income 1855. 623
below that for the same month last
year the Baltimore g. Ohio Railroad
ended the first half of 1923 with net of
SI7.7l2.360, or $4,842.5l0 below that for
the first half of last year.
The decline Is due entirely TO de-
creased gross revenues, the company
having curtailed operating expenses
$6.595. 1878 for the six months and $780,
90i in June. Gross for June was ST.
679.2 lower and for the six months
$12,l64,6S3 under that for the first half
of last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28

GENERAL MOTORS. ~-Next In i'm
portance to the record earnings of the
General Motors Corporation for the
half year-~$i6l 1857, 974~~was the re-
markable balance sheet showing OF cash
and marketable securities, These two
items, made up of bank deposits. United
States Government and other high
grade securities totaled 1894 $3.50 900, or
twice the amount of preferred stock
outstanding. The net working capital
was over 1920. 900. 900, having increased
S47, 422 900 In the last six months.
SOUTHERN RAILWAY. Among the
dividend paying rails to show strength
today was Southern Railway. The
June statement for the system showed
a continuation Of the declining trend
as compared with a year ago. but the
market was evidently anticipating bet
ter things later In the year. Mean
while the Yield at 5.25 per cent was
attractive.
UNION CARBIDE AND CARBON -,
A steady advance In Union Carbide
and Carbon was the response TO the
increase In earnings In the semi-annual
statement. For the six months ending
June 30 last, net was at new high
of S1l.a72.7 42, or S4,46 share. against
$3.38 In t.-e first half of 1927
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28
BUS STOCK SALE O. KID.
Rockville Line Purchase of Shares
Approved by Commission.

Special Dispatch to The Star.
BALTIMORE July 28.--The Public
Service Commission yesterday approved
the application of the Washington &
Rockville Railway Co of Montgomery
County for an order authorizing the &C
QUESTION by 1t Of $50 shares OF the COM
mon stock of no par value of the Mont
gomery Bus Lines, Inc, Maryland
corporation recently taken over by the
railroad company.
In Its order the commission stipu-
lated:
THAT the said Washington e. Rock
vile Railway Co. of Montgomery
County shall make report to this COM
mission, duly verified by affidavit. upon
the acquisition of the said stock of
Montgomery Bus Lines, Inc, the fact
and date of such acquisition and the
terms and conditions thereof.
And 1t Is further ordered that moth
ing herein contained shall be deemed,
taken or construed as In any way de-
termining the fair value for rate max
ing or other purposes of the property
and assets of Montgomery Bus Lines,
Inc"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28
UNION CARBIDE AND CARBON
STEEL ACTIVITY.

NEW YORK, July 20 t41~~Steel
operations In the Youngstown area are
being maintained at 90 per cent, with
no prospects Of a let-down In the cur
rent heavy rate, as consumers are
pressing for requirements. Sheet ROLE
ers are booked into September In most
cases. The outlook for this branch OF
the industry In the Fall Is said 10 be
best IN q Iona timea
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28

AAasNH
The company'S
operating revenues
amounted to S4S2. =
6&6.64, in COMPARE
son with $4S3. v
6T0,72 in the same
month LIST year,
while operating eS-
penSes reached the
sum of 1910, 76S 81.
being somewhat
lower than y wear
ago. " !, en- they
amounted 70 $25S.-
27S.7o.
Tnco lie from
operations, ter
deduction of taxes
and other expenses,
was rep orte6 as
NNNs ---E - - f1sA
Is. 1910, NAAaAC
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28
WESTERN OIL & REFINING.

NEW YORK, July 20 LaN Sales OF
Western OH a. Refining Go. for the first
half OF 1923 we're three times those for
per cent above preferred dividend re-
uuirements for the entire year. A divi-
dend OF 81 share. covering the first
half OF 1923, was declared on the pre-
ferred stock.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28
ELECTRICAL EQUIPMENT.

NEW YORK. July % (P.~~.Business
IN electrical equipment was featured by
improved buying on the part of power
In the New England and
Middle Atlantic States the last week,
Buying by industrial interests continues
at an encouraging rate and total sales
Of heavy apparatus from all sources are
fully up TO the average for this time of
the year, Electrical World reports.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28
COTTON BELT EARNINGS.

NEW YORK, July IS Lpl,~-The St
Louis-Southwestern Cotton Beitl earned
q cents share on the common stock
In the half year, after preferred
dividends, in contrast to rs cents a
share on the per cent preferred In
the first half of 1927. Net income rose
to SSH ,29S from $lSS.i67 year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28
COTTON GOODS EASIER.

NEW YORK, July % lSpecian -
Cotton goods markets were quiet and a
shade easier today Print cloths were
quoted at TIA for 6ax60s and Ga for
6ax7as. The former a decline OF X
Raw silks moved up cents a pound In
an active market. with grand XXX top~
ping the list at $50,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28
EARNINGS INCREASE.

NEW YORK, July IS tA1.-Columbia
Gas 81 Electric earned $60a share on
the common stock III the year ended
June 80. against Sa,40 share the year
before. Net earnings and other income
we're SIS, 04S.a65, an increase OF
S2.2704l5.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28
COPPER EXPORTS DOWN,

NEW YORK, July % t4p).--ExportS
of copper in June declined TO 1885
metric tons from 4S,897 tons in May,
the American Bureau of Metal Statistics
reports. Exports in April were 40,0S9
tons
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28
AMERICAN BANK NOTE.

NEW YORK. Judy % (P.--~Ameri-
can Bank Note Co earned SLIT a
share on the common In the first halt
of 1923. against $176 share on q
smaller number of shares outstanding
in the same period of 1927.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28
FIRM REORGANIZED.

Headquarters Of American Beet
Sugar May Go to Denver.
DENVER. Colo, July % GR.-The
Denver Post says that reorganization OF
the American Beet Sugar Co has been
effected here, and it is understood the
executive headquarters of the concern
will be removed from New York to
Denver.
S. w Sinsheimer of Denver was re-
elected president Of the company.
The American Beet Sugar Co oper-
ates factories In Rocky Ford, Colo;
Las Anirnas, Colo: OXnard, CALI.
Grand Island. Nebr: Mason City, Iowa :;
Grand Forks, N. Oak, and Chasta,
MINI.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28
pUBBER DECLINES.

NEW YORK. July 20 (SpeciaD .--~
Crude rubber, smoked Fibed sheets, de-
clilaed X Of a cent at to6ay's quotation
Of 1914 cents. This compares with 1874
cents q month ago and IS cents y year
ego.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28
BUTTER rs STEADY.

CHICAGO. July % (Iel.- Butter un-
changed, receipts, 1919 tubs. Eggs
unchanged, receipts. 1851 cases.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28
GASL|GHT INCOME
FOR June LARGER
Georgetown Co.'s Earnings
for the Month Also
Show Advance.
BY EDWARD c. STONE.

Net income of the Washington Gas
Light Co. for the month of June was
$70.s75 AS. compared with $50, 724.45 in
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28

Dividend rates as given in the above table
are the annual cash payments based on the
latest quarterly or hal-yearly declarations
Unit of trading less j than 100 shares
I Partly extra. / Plus AZ in stock. Plus
So in preferred stock. Y Plus lt25 in stock
q. Fatd this year--no regular rate. Pay
able in stock. Plus Sc in stock Pay
stock. Plus i0I in stock, g Plus So,
In stock. h Partly stock. Plus. 2cL in
stock. Plus 1920 share quarterly in
stock. m Payable 1fl0 share quarterly In
United Cigar Stores common stock. n Plus
u q In stock.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28
SILVER QUOTATIONS.

NEW YORK, July 20 fPj.- BAe silver,
co.. Mexican dollars. asa. r.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28

Seven of every Mp auto buses IN
Greece are from AlaaaiCa.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28

oDeraE Una income in June, 1877. totaIed
Si22. S2a.62
Net income for the first SIX montls
NJ fl,e nreSent wear reached S49i, 25l 81.
against s2ol sos "A during the first half
of 1897, a remarkable gain in earnings
in 1928.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-28
FEDERAL LAND BANK BONDS.

Special DISPATCH to The star.
NEW YORK, July a.
Evening star., 1928-03-06
Fights Last Night

By the Associated Press
NEW YORK. -- Eddie fCannonbalD
Martin, New York. knocked out Johnny
Huber t2). Battling Levinsky, Phila-
delph!a. won from Earl Blue. st. Paul
t6). Jimmy Finley. Louisville. Knocked
out Jack Somers, New York 80.
PHILADELPHIA. *. o. Kaplan,
New York. knocked out Vincent For
gione. Philadelphia ~. Marty Gold,
Philadelphia. defeated Paddy Sullivan.
California U0).
PITTSBURGH--Max Rosenbloom,
New York. won from Bobby Brow,.
Philadelphia u0).
CHICAGO.~Harry Dillon. Winnipeg.
and Jimmy Byrne, Louisville. drew I0) /.
Bud Nardi. Chicago, and Badly Young
berg. Rockford. drew t6). Larry john
son won a technical knockout over Bill
Freese. Grand Rapids t2).
BOSTON -- Roberto Robert, italy
defeated Jack Humbeck. Belgium uo)
BALTIMORE. -- Sid Lampe. Balti-
more. won on foul over Johnny LAon-
ard. Allentown. Pa. 90.
MEMPHIS. -- Jack Gibbs st. Paul,
won from Grover Mallini. New Orleans
(8.
GALVESTON. Tex--Neil Clisby. Los
Angeles. won on foul from Bob Lawson,
New York 90.
SALT LAKE CITY.--Jack Fox Oma-
ha. technically knocked out Brick Ste
vens. Salt Lake City %.
WICHITA. Kans. -- AneuI Snyder,
Dodge City. defeated Jack Williams,
Chicago I0).
Evening star., 1928-03-06
EXTRA JOB CANDIDATES
SHINE In VARIOUS WAYS
Some Recruits Loom as Fine Htters, While Others
Show More Ability Afeld, But All Are of Cali
Der Calculated to Help Club.

morning and the other in the afternoon.
squad.
Harris is we'll pleased with the results
In this way he Is able to get a better
line on the aspiring youngsters and give
them more of his personal attention.
Busy In Special Drill.
Following the regular afternoon prac-
tice. West. Barnes and Camel were
given some special work in fielding
erounders in the outfleld and an in
tenSive infield drill also was held. For
this Bucky was at second base, with
first Sister and then Shirley at the
initial station. while young Cooper was
placed at third and Gillis and Reeves
alternated at short. Handling the ball
for double plays was stressed. and after
Buckv left the field, ellis took the
vacancy at the keystone sack, for the
remainder of the session. which might
indicate he Is to be tried as under
study for the pilot.
Muddy Ruel took things easy In his
first workout but appears to have
benefited by his soiourn at Hot Springs
and is in fine shape. some 10 or IL
pounds heavier than when he left the
club last Fall.
Bump Ha6ley continues on the road
to recovery from an operation for ap-
pendicitis early last Saturday morning
and hopes to be able TO leave the hos
pital by the first Of next week.