davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16
BRISK new ADVANCE
IS REPORTED IN CORN
Wheat Also Rises, Influenced by
Falling Of in Shipments
From Australia.
BY the Associated Press,

BY the Associated Press,
CHICAGO, March iG.--Frcsh export
sales OF corn at the highest prices on
the crop led to brisk new advance In
corn values today Wheat also went
upward, influenced more or less by fall"
ing-off In shipments from Australia.
Corn started IN 10 anc higher. and later
scored sharp additional gains. Wheat.
after opening at h4c off 10 iac up, rose
all around. Oats were firmer. Pro-
visions likewise showed strength.
With corn export business apparently
undeterred by record top prices. corn
trading brondened out IN volume ut a
fast rate today. and many previous
sellers reversed their market position In
a hurry. Numerous standing orders 10
purchase at various set limits and thus
put a stop 10 speculative losses. were
forced into execution. On the other
hand there was active selling at times
10 realize profits. especially when the
market went above 81 bushel for May
delivery.
6cantness Of wheat shipments from
Australia. $4,000 bushels for the week.
against 2,296 900 bushels the week pre-
ceding. attracted special notice today
among wheat traders Moisture In the
Southwest overnight had but little con"
tfhry market effect
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16
Washington Stock Exchange

Cap. Traction Cos at iosa., at
losas. at 100 ~.
Pot: Elec. go pfd--5 at 1I11.. S at
Pot Elec. SIPS ptd-2 at i07l..
Wash Gas Ito at e9i2. 20 at sei5.
al Ssi2. al S9i2. 10 at 8sI2, ? at
e9i2, S at 69'2. 20 at 8eia, 8 at
ssiz. 5 az Ses.. 10 at Sss4.
Wash r. &, e. pfd--25 at i03a.. Is at
1898. 10 at lo3@s. % at 1885,.
Natl. Metropolitan Bk-I0 al 405.
gsCol Sand 6s Gravel pfd.-I0 at l04si
10 ar i04iz, 10 at i04
I.anston Mcn.-i0 al loe. 10 az 1895.
Peoples Drug Store p.d--4 at 1922, IS
After Call
WASH Gas 6s "A'-Sl 900 at 1861.
ESx1. Gas 6s "B"-Si00 at 1861.
Potomac Elec. 5lzs pfd.--5 at I07as, 10
al 1919.
Lazston Mon-I00 at ioeI.. at I0s.
Afergenihaler LIMO at 1921.
Dist. Natl. BE.-25 al 245.
Peoples Drug Str. pfd.-2 az i28.
C. g. p. Tel Of Va. $500 at 1899.
Unlisted Department.
Chaplin Sacks go ptd.-l0 at 1866, 10
a. I07is.
koney-Cau leans, So and 60.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16
COTTON SCORES GAIN
ON LIVERPOOL NEWS
Buying Also Based on Belief That
Too Much Rain Has Fallen
in Belt.

By the Associated Press.
NEW YORK, March i6.-The cotton
market opened firm today. at an adj
vance of 10 to Is points on rather ac-
tive demand. which appeared to include
covering by trade and speculative shorts
and probably some commission house
buying based on relatively firm Liver
pool cables and talk of too much rain
in Eastern and Central section of the
belt.
Prices made new high ground for the
movement in early trading. selling up
to 1896. net advances of II TO %
points on the more active positions. Of
ferings increased slightly as May APP
preached the l9-cent level. but prices
held within few points Of the best
at the end OF the first half hour.
Private cables reported trade calling
with local and continental buying In
Liverpool. and that home demand for
cotton cloth In Manchester was in
creasing.
The advance was halted by realizing
when prices reached 1899 for May and
1850 for October The offerings we're
absorbed on setbacks Of 5 or 6 points.
however. and the market showed renew
ed steadiness late in the morning hold
ing within a point or two OF the best
at midday There was considerable
buying OF December, July and May dur
ing the morning but mainly In July and
December for European account. rs
well as rather active covering and some
commission house buying of late months
on the wet weather In the South.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16
MARCON| SHARES
DOMINATE CURB
Brokers Literally Fight to
Execute Orders in Wild
Session.
by WILLIAM +. HEFFERNAN.

Special Dispatch to The star.
NEW YORK, March 16.--In one of
the widest scenes ever witnessed on the
floor of the Curb Exchange, stock of
Marconi Co. of Canada dominated spec
ulative interest today.
In frenzied effort to execute orders,
brokers literally fought with each other.
In the first hour total transactions were
POI. 300 shares in that issue alone, set
ting up new high record for a single
issue in the annals of curb history. This
compares with 10000 shares in the
first hour Thursday which was the rec
ord up to that day. The price opened
on block of $4,000 shares at 7as and
subsequently pushed forward into still
further new high ground.
Much Of Stock Moves.
II was reasonable to assume that
should tradin" continue at the current
pace it would be only matter of a
few d~vs wh"n the entire capital stock
OF N1arconi Co. Of Canada would have
changed hands.
Fancy predictions as to the ultimate
market yalue of the stock were in cir
culation and served as fuel to fire the
speculative imagination as to what
could be expected in the way of price
UDDIHCl1jiOll. llllGlCSlS IGSJUilolOiC AVL
the move IN Radio Corporation shares
on the Stock Exchange were credited
with sponsoring the move. but 1t was
impossible to check the source of the
buying. It was enough to know that
buying orders were coming in from all
parts of the country, from Canada and
from brokers said to be representing
Londcn interests. Radio Corporation is
Joint holder with Lazard Freres and
Marconi Co. of England of controlling
stock interest.
Everything Else Secondary.
Spanish and General Corporation,
formed in 1920 as wireless trust and
which Marconi of Canada is said to
control through stock ownership. moved
forward Sympathetically into new high
ground.
Everything else was secondary to
what was transpiring in Marconi shares,
although good-Sized gains were recorded
in many instances. TubiZe Artificial
Silk sold at It's highest In history. get
ting we'll above the 600 level for a gain
of almost Is points at one time. New
mont Mines Jumped from the previous
final of 1861 TO 164. Auburn Auto at
1870 compared with Thursdays final Of
1913 and Bancitaly at 1884, compared
with the last sale Thursday of 1856.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16
WOOL MARKET QUIET.

BOSTON, March ~ fSpeciaD Fine
and medium woods were moving IN IA
small way, but the Boston Wool Mar
keL whs quiet today. Prices were f,rmly
held and lack Of surplus stocks IN deal
efh' hands has strengthened their posi-
ton. Fine territory was quoted at liza
I.32, clenn basis; French cnmbing at
DIAL l2, half blood al il0al Ii:
three~eighths blood. at GOA 0b. and
quarter blood, at 05 10 LOO. Fine Ohio
tieeees were quoted at b0a5i grease
basis, half blood and three-eighths
blood NJ hIah2 and quarter blood al SO,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16

NEW YORK. March 10 tn ,~~iAm~
her production and orders were slightly
larger In the week ended March 10 Gom"
pared with the Week before. but ship
ments declined. II Ii shown IN reports
from Gab a0ttwood and hardwood mills
10 the National Lumber Manufacturer
Association Hardwood mills reported
Increased production. shipments and or
ders. While gains wers not large prog
rese In this branch Ut The industry was
indicated, Unniled orders Ut aan kiouthr
hfn pine aud West taast mills were
65b ISL 7ns feet, against 6a0 DOS, bb2 feet
Lbs previous Mnek,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16

BALTIMORE. March Is (SpeciaD -
With the single exception OF 1925. the
Florida boom year, 1927 was the most
profitable year in the history OF the
Merchants g. Miners Transportation
Co. Net income was S9T5.332. eQuiva-
lent to 81 share OH 243.2S4 shares Of
no par value stock outstanding. This
compares with net income az $91t .29S,
or $399 u share. earned In 1926. and
81 ,48S.l9 or SOFA share. in 1928.
Dividends OF $3.50 share are paid on
the stock
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16

The index OF farm prices on Febru-
airy Is. rs compared with a year ago,
announced by the Department. OF Asr!~
culture, shows that the prices Of cot
ton. cottonseed. feed grains. apples,
beef cattle lambs, wool and horses arc
higher. while practically all of the
other commodities are lower. The
greatest advances were shown by cot
tonSeed, apples. cattle and cotton. and
the greatest declines by potatoes and
hogs The numerical index of lSS was
} points lower than on january Is
and points higher than on February
10 year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16
UTILITIES STRONG
ON BOND MARKET
IndustriaIs Have Advance
and st. Paul Issues
Sell Off.
BY CHARLES f. SPEARE.

Special Dispatch 10 The Star.
NEW YORK, March l6-Decided inn
provement in the market for local trac-
tons, q broad inquiry for those public
utilities that viii be benefited by the
new legal measure governing New York
state savings bank investments, f0rrieS
n several speculative in0uStrials and
an early reaction in the St. Paul oonoS
were the outstanding features III tooay S
transactions.
New hish prices for the year were
reached in New York Railway and
Third Avenue incomes, the one up 90
points and the other Ia points inc
4 Intcvboro issues about duplicated their
best previous quotations. TIC entire
group was active. but on speculative
rather than clanged conditions n the
New York situation.
Power Bonds Strong.
Dealers have bern anticipating the
passage Of the savings bank btl by
accommodating bonds that come within
the provisions Of the law making them
legal. This has occurred over the ocun-
;er and IN the outside market rather
than on the Stock Exchange. Practi-
; calIy all o! the prominent power and
Light bonds were today selling at the
that some Of the legal public utilities
viii advance 10 a $50 or AS basis,
Already large number Of the new Az
per cent issues are around par or wei!
aoove il
The buying force of the movement
IN The ST. Paul issues appears 20 have
temporarily spent itself. The ADJUST
ments were OF this morning nearly
point and IL points below the high
o. the week. With some recovery later
The general SIS we're down = from the
! hest, Florida East Coast Line SIS touch
ed SO. COMPARED with their recent price
OF S3is, Seaboard Air Line adjust
r1ents and IS were fractionally higher.
Andes Copper IS Rise.
OF the industrials the two that were
representative Of present conditions
were Andes Copper Is. up points, and
LIQUID Carbonia IS. the same Loews.
Inc. IS. with warrants: Remington
Rand SIS, United States Rubber SIS.
Armour 5izs and the various sugar
bonds al were active and firm Pathe
Exchange Is had another sinking spell
End sold about 10 points below the
level TO which they had recovered after
first dropping TO so from 100.
Interest IN the foreign group centered
IN French descriptions. Est Railroad
as had the largest gain and sold within
{, traction Of their call figure of los.
TIE IS and Tl.s continued strong. 1t
Is expected that there will soon be ad-
oitional issues by the Chile Mortgage
Bank, the Colombia Mortgage Bank
ano OF the Renterbank Of Germany.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16

REV iOitk. March 10 IN .s~ Con
forming ~ the pulley Of several pipe
lins UNITS III the old Standard OH group
10 return ~ atockii0iders excess assets
mol required In It's business, Cumbef-
iand Pipe Line 80, VIII reduce capital
stock WIN n payment Ut $50 u share,
Or about 5000, 900. The company paid
al extra dividend Of $a3 Share early
IN 1927 Ia liquidation 1T part 81 It's
security holdings. Last years dividend
payments toiaIed Sal il share.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16
NEW YORK MARKETS.

NEW YORK, March ID tp rive
steady, M, Z Western. lsaaa fob New
York. and lSi'a elf, export, Lard
easles Middle West, II anall6a, spot
coffee easy, No, z Rio, tnaaal6ya, No.
1, aantas, ai'aaaa. 1ailoWs steady,
special loose. ala, Other articles un-
changed
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16
CONSTRUCTION WORK,

NEW YORK, March Ii (F.~~Con.
templated construction on big protects Is
holding at n high level IN virtually al
sections OF the county and Is well scat
tered throughout the various branches
oE the industry. Heavy constructor
Jobs the past week were valued at $TA,-
d.a, 600 compared with $H3, aTS 600 the
preceding week and So, loo, 900 a year
tho Mctlraw~ntli Construction reports
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16
VOTE ON CALLING STOCK.

NEW YORK, March ID taN, Stock
holders Of pudeet Sound Power e. Light
will vote May J ON tho proposed re-.
demption of $4,000 600 of 7 ner cent
prior preference stock. Si00 par. and
creation In Its place Of an issue OF
no. 900 shares Vt St cumulative prior
preference stock, no par.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16

PARIS. March Ia tpl.~~prices were
strong on thu BourSe today. Three
per cent renteS. 81 francs 30 centnneS.
eN~inieteSt. per cent loans IS francs
10 continues; exchange on iondon. lsA
francs 90 continues, The dollar was
quoted at % francs IL cen,ines,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16

NEW YORK. March Id tFl,-~~The
ipaa budget Of the He'll Telephone avs
tenn calls for expenditure of more than
sAaO 00n, 600 for additions III equipment,
the largest program, III It's history 1t
exceeds the lpa1 figure hy more than
tao.pO0,lU0.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16
BIGGEST INCOME TAX,

NEW WORK, March Ia t4s, The ia~
come tax os hancitaly Corporation.
amounting to $A,TTa aan. Is said to be
the largest that win he paid III Califer~
aia this year, The corporations stock
holders have reached 100000. . gain Of
10000 since the year began,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16

NEW YORK, March Ia An.~-rMahon.
Ing Coal Railroad. subsidiary oi the
New York Central. declared the regu~
lar quarterly dividend Of $l2,a0 a share
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16

NEW YORK, March 10 Ho..-~Uniied
Piece Dye Works declared an initial
dividend ~ Ga per cent on The pre-
Zach on Aprli Z. july Z, October ] and
JaauatS z. 1929,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16
ISSUE OvERSuRsCRrBED.

NEW YORK, March 10 tasl, Is
Nne ut &o,o00opO Eitingon hehild Co,
Inc. convertible d ~ per cent first pre-
feffed stock. marketed by Goldman,
Sachs T. CO., has been ovefsuhaerihrd
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16
Airplane Demand Grows.

The automobile tire industry is pass
ing through a period of uncertainty.
II still is undetermined just what ac-
ton the British government will take
with regard to rubber restriction in the
Far East. Until this is settled the
producers will be distinctly uncon-
Portable.
The demand for commercial airplanes
Is improving steadily and It now is
forecast that at least 10000 will be
produced in this country this year.
The lumber industry. although still
capable OF producing much more than
the country will absorb is In a more
healthy position than it was year
ago. Stocks have been reduced and
orders since the first Of the year have
increased more rapidly than output.
One OF the most satisfactory indica-
tons of continued business activity is
shown In the demand for Office furni-
tIre and business equipment. which is
increasing sharply. as compared with
this time a year ago The foreign de-
mand has been especially active.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star Office

Following is the list of stocks and
bonds traded in on the New York Curb
Market today:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16
OUTLOOK IS BRIGHT
|. FOR 192SBUS|NESS
Crux of Situation Lies in
Farming and Diverse
Crops Are Expected.

Special Dispatch to The Star.

special DlADatcn 10 inc star.
NEW YORK, March 16.-1mprove-
ment was recorded In the business Sit
uation this week, but it was psyche
logical rather than physical improve
ment. 1t can be traced directly back
to the starting fluctuations and adj
vances in the stock market.
These advances did not sell an addi-
tional radio set, make an additional
automobile, provide an additional ten
of freight for railroads to carry, or
give additional employment to another
man. but the mere fact that the stocks
of certain companies went up served 10
rca5sure number of business men who
had expressed doubt as to the reality Of
the claims for prosperity and were ex-
ercised concerning unemployment.
The main factor for real business and
Industrial employment lies unquestion-
ably in the agricultural situation. 1t
Is still too soon to make accurate pre-
dictions concerning crops, but the de-
velopments SO far have been thoroughly
satisfactory. From this time on. how
ever. the weather will be a dominant
factor and will be watched with ex-
IRENE closeness, not only in the rural
districts, but in the industrial distribut-
ing centers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16
Crop Diversification.

The improvement in buying power
recorded last year is amply sufficient to
secure an adequate volume Of trade
throughout the first half of 1923. For
the remaining half of the year. it would
appear from the present indications that
corn and small grain acreage will show
an increase. Cotton, however, Is not
expected to show much of an increase,
If any. and there will be greater DIVERSE
fication of crops than ever before. 1t
Is indicated that the dairy industry will
be a mainstay of the farming commit
mites, while the prospects for live stock
and wool are extremely bright.
AS to fruit, the lateness Of the
Spring has been gratifying to growers,
since they feel 1t has eliminated good
part OF the danger of frosts later IN the
season.
Wool shearing has just commenced
IN the Southwest and before long the
reapers will be clicking through the
grain fields of Texas, New Mexico and
Arizona. That means the first influx of
ready money into the agricultural COM
munities for 1928.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16
ON NEW YORK BONDS STOCK EXCHANGE
Received nv Private Wire Direct 10 The Star Oaiea
Quotations ess p.m-Final Quotations $50 Edition

Sales High Low " ~
WinRepeat Ar TVS | l06s lo6ss l06N
Yn.stn SGT 5s wi. 81 l0I iO0ss 1Ol
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16
Steel Industry Active,

In industrial lines steel has main
tanned its operating activity and now is
at far higher rate than at this time
last year. Moreover, the building, rail-
road, agricultural machinery. automo-
bile and oil field demand indicates that
the rate will be maintained. Second
quarter prices are very firm.
The automobile industry Is increas-
ing its activities. but this is due largely
to the improvement in the employment
OF the second largest producer. 1t is
quite evident, however. that the indus
try VIII not reach its peak of production
much before June. The situation Is still
Spotty.
Building activities are showing sea-
sonal Improvement, with contracts
steadily rejecting the progress of plans
on which 1t was estimated building
expenditures would exceed $1,000, 00O, 600
this year. N'ONO''N'
Copper metals statistical position Is
slightly weaker and holders are Showing
a disposition to press sales. No LITTLE
part Of the difficulty arises from un.
| satisfactory industrial conditions ir
| Germany, always a big consumer o.
! american copper. Lead. zinc and tir
| at present figures are far from salts.
! factory TO mine operators.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-03-16
YTE,.IC Utility

NEW YORK Marcia ii IN &sl
s..tsI, 5i3s Ishi.sa e@a4A4s. sA
Imperial Valley press., 1928-05-23
MEMBERS OF WHITE
SHRINE CLUB MEET
WITH MRS. W/LKIE

White Shrine Social club mem.
bers of Calcxico, III Centre and
Brawley were delightfully."- enter.
tanned yesterday by Mrs. II. P. vii
kio Of Brawley at the American
Legion center in that city.
The affair took the form of a
bridge breakfast, covers being laid
for 26. A novel feature of the
luncheon was plate prizes, guests
being directed 70 look under their
plates, whore several found prize
winning Numbers. Mrs. e. II. Du-
Sold and Mrs. a. \. Burklin Of this
city proved among the lucky win.
ners.
In the bridge contest, Mrs. Laura
Little Of Calcxico took first place,
and Mrs. Strauss, also of the border
city, received the consolation.
Plans were made for mountain
outing on June II at the Live Oaks
cottage of Mrs. c. h. Mudgctt of
Calexico. A pot luck picnic lunch.
con wiiI be taken by the members.
III Centre women motoring TO
Brawley for the day were Mes
DANES W. T. North, \. y. Bucklin,
Clifford McArthur, Howard Nor
gan, c. II DuSold and L. l.. Martin.
Imperial Valley press., 1928-05-23
INTERESTING TALKS
GIVEN AT MEETING
OF CHURCH SOCIETY

With Mrs. \. L. Lackey and Mrs.
W. ID. Carey, hostcsses for the aft.
ernoon, members of the Missionary
Society of the Presbyterian church
were delightfully."- entertained YES.
tcrday at the church parlors. The
meeting was the last which will be
held by the society this season.
Mrs. \. G. Hurlburt was in charge
of the dcvotionals. Mrs. Earl Irey
talked on life in Latin America,
and read number of interesting
letters written by friends living
there now.
Miss Sarah Reed gave a resume
of her work from the time she start
ed with the Mcxicans in Arizona
number Of wears ago to the pres
ent time. \ comprehensive report
of her activities here closed her in
teresting talk.
Refreshments were served follow
ing the session. Fifteen members
were present.
Imperial Valley press., 1928-05-23
Barker will remain in Yuma to work
in the cantaloupcs.

IN the cantalOupCS.
HEBER, May 23.---.Mrs. Eubank
entertained the McCabc Home De-
partmcnt on Friday. Those attend
ing from Hebcr were Mesdamcs j.
y. Wilson, Essie Knapp, and Angel
ire Courtney.
Howard Ware is working in the
cantaloupes at Mt. Signal.
Mrs Essie Knapp entertained re-
Gently Mr.. and Mrs Clifford Moore,
Mrs. r. s. Ritz, and Mr.. and Mrs.
Hermond Knapp, all of FL Centro.
Mrs. Knapp spent Thursday with
Mrs. j. A. Wilson.
Mr.. and Mrs. l.. A. Spear have
moved into one of the Jones cot
tages.
Mrs. NJ. II. Gavin and mother,
Mrs. NJ. Denham, visited with Mrs.
NJ. S. Bordan on Thursday.
Mr.. and Mrs. Coy Ritter spent
Mother s Day with Mrs. Matilda
Ritter at Hemct.
Mrs. Clyde Rogers took her
mother, Mrs. Smith, to La Jolla for
her health.
Mr.. and Mrs. G. Bobbin of Santa
Paula, visited Mr.. and Mrs. George
Nhitcher.
Mr.. and Mrs. A. G. Young, of
Watsonvillc, former residents of
Heber, were in town in the interest
of Mrs. Young $ mothers property,
east in the townsitc.
A. +. Skeats is in Los Angeles on
business.
f. NJ. Skeats and w. c. Reed, of
San Diego, came to the valley on
scientific work.
The Y. w. G. A. Secretary, Miss
Scott, visited the Heber Girls Re
serves at the noon hour on Friday.
Mr.. and Mrs. NJ. D. Bales of Port
land, have come to icbcr and are
at present with Mr.. and Mrs. A. L.
Skeats, Mr.. Rales is employed in
the FL Centre Steam Laundry.
Mrs. II. T. Martin visited her
mother at Calipatria.
Heber Boy Scouts were guests of
the Calexico Council on Monday
evening. Boys attending were Maly
and +. S, Mcbride, Otis Briggs,
Rufus Cheser, Orlando Courtney.
Laverne Dorsey, Herschcl Marsh.
Mrs. John Briggs visited Mrs.
Coy Denham in FL Centre on We'd
nesday.
Albert Chcscr has returned from
Chino to work in the cantaloupcs.
Milton Waldrop accompanied him