davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-09
PRICES TEND TOSAG
ON BOND MARKET
Market Stronger Than Ap'
pearances on the Surface
Would Indicate.
BY GEORGE r. SPEARE.

Special Dispatch to The Star.
NEW YORK, July s.---Prices were In.
clmed to sag in a generally dull bond
market at the start of the week. There
was no sign of any reinvestment de-
mand Nevertheless, the market was
stronger than appeared on the surface
There were no large blocks available
at the prevailing quotations. There was
no pressure Of liquidation, and the sag
ging tendency was due to lack OF inter-
est only. In fact, dealers commented
rather on the way prices held than on
the declines such as they were.
United States Government obligations
were not stimulated by the announce
ment from washington OF the heavy
subscription to the new Treasury 3ss
per cent bonds. The books have been
closed on cash subscriptions. but ex-
changes of the third Liberty loans may
still be made AS sustaining influence
it was pointed out today that the Brit
ish government would be in the market
for the bonds If they fell below par,
because of the fact 1t could use them
under the debt agreement for payment
on account of principal and interest.
New financing was still at low ebb.
A new state of Rio Grande do Sui is
expected this week. however It will be
for sos, 100000 bearing 6 per cent
coupon, maturing in 1868 and priced at
s4i4, to yield from 1853 to $40 per cent,
according as bonds are drawn for pay
ment. There are already two obliga-
tionS of this Brazilian state outstand-
ing and traded in on the Stock Ex-
change. The per cent issue sells
above the call price and the per cent
issue just below its call price. The
attraction of the new bond is the pro-
vision for redemption by lot at par.
There is still talk of Rumanian loan,
though nothing immediate is in pros
pect. but the outlook for extending &C.
in Nicaragua is not so
bright. Among the features today were
tie selling of the Hudson g. Manhattan
IS below par, the compare
lively large turnover In the copper is
sues. further strength and activity In
Public Service of New Jersey AIS and
the good support for the local fractions
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-09
MICHEL LAzARD DIES.

PARIS, July Cp).--Michel Lazard
of the I,azard Freres Bank and inter-
nationally known in banking circles
died suddenly today.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-09
BUYING POWER CLIMBS.
Farmers Dollars Purchasing Abil-
ity Continues Upward.

NEW HAVEN. July 8 Especially -
Farm purchasing power continued its
upward climb last week, while agri-
cultural price gains were Melted by
hogs, beef steers and cotton. Although
apple and lamb prices fell. the losses
did not affect the index direction.
Non-agricultural price levels also roSe.
as they have been going for the, past
six weeks.
Index numbers of farm purchasing
power, and of agricultural and nom
agricultural prices for various periods
are given in the following table, In
which the average for 1925 represents
100:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-09
REPORT OF CONDITION
OF the
Bank or Commerce
and Savings
At WASHINGTON, in the District OF Coiume
81 the close Of business on June 80, 1898

a the close q sasiness on June s' g. isss
RESOURCES
i Loans and discounts. in
s oeptanees re e osner banks ass
change or drafts sold with
Endorsement OF this hank, .Sl,SS7SSS.4 ~
: oS pnsscaFsa s sssT Aetsi' ms
;. q. s Government securities
b All other United states Gov
in nap premi snS.'iiei any Se ' s7.sooo'
t Ties. ete.. owned ned $50 assSss II
ISL "'.U oea anu AN'ee' 2sa.ass a
~" ~S dne from I national banks :. 2742o4 q
II EXCHANGES for clearing house 1891 IS
Total q items 10 zoo. osss
"A M ShS ii cash items s,sis. g
Is Other assets .,..t.,s.ss,,.,. ssi'oi
Total .....................S sesos 1879 as
- Capital stock PAID ssAi IN ass 100000 90
II; a undicsded profits .s..,.,., ss.sis4s
rs S samSS due TO state banks,
S oans.s in a sne unitsd states 1ssslos
IS cashiers checks outstanding lt'sso Y
81 DfviSend checks outstanding AoS4,so
Total e items 49, 2S e, S sas g
Demand deposits tosner than
reserve deposits payable
within 50 dAysl:
10 ln shsee usp's''s s~' ssssI724
81, Certificates Of deposit que IN
s sssS 1 qor money on Sorro~ed1 I47.sss.I7
Total Of demand deposits
tother than bank depositss
Tine deposits subject to re-
serve payable after SO
DAYS, or subject to so days
or more notice. and postal
rs SAVINGS deposits Including
time certificates OF deposit
other than for money Dor a, nnx ss
Total q time deposits subject
KS ,.....+. s&lsi4iooS.Ss
r,.a, .......... 50. sos, lse Is
PRANK owINGS. cashier of the above
uaued bank, do solefGniy swear thst the
shove statement is true TO the best oil my
kno~ieose anu FRANK owINos. Cashier.
Subscribed and sworn 20 before me th'S
Ut gse cay q '"'s' HARRY s WOLF.
Notary Public.
NJ. D. ROSENBERG,
J. SANDERS
Ellie SHEETZ.
ALEXANDER WOLF.
JOHN NJ. RIOEDON.
Directors.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-09
GETS BIG TRUCK ORDER.

NEW YORK, July 7 (P1.-Whlte
Motor Co, has an order for 100 trucks
from Gulf Oil CORPORATION,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-09


New York Stock Exchange trading
moved forward last week, volume gain
reflected by the average daily value OF
common industrials changing hands,
which jumped to $154.800,0 900. The
turnover on all issues picked up also.
registering an average daily trading
value Of Sl79,90 600.
All the groups except the rails and
steels tailed a trading gain. Groups,
which registered the largest proportion
ate turnovers, as against their figures
for the week before, were the public
utilities, miscellaneous and motors. Cop
pers also pegged up substantial trad
ing gain.
Steel Group Eases OF.
United States Steel and Colorado
Fuel 81 Iron eased off the steel group
General Motors, Chrysler, Mack Truck
and Hupp pushed up the motors index.
while trading gains by Sears Roebuck
accounted largely for increased stores
pactivity.
The average daily value OF trading
In common Industrial stocks for the
preceding week was Si06.800 900 and
for the corresponding week a year ago
was S94, 100000.
The average daily value OF tradings
In all stocks (preferred and common
stocks combined) was $l26.600,0 600 for
the week ended June 30.
tCopyright. 1921.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-09
STOCK PRICE INDEX
AGAIN SCORES GAIN
Every Group Shares in Up.
ward Observation-Disclosures
Chief Climbers.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW HAVEN, July Big board is
sues showed the most marked price i'm
provement in weeks, as every group In
dex shared in the upward movement.
The chief gamers we're motors, which
recovered to the tune of Is index points,
and auto accessories, which gained 3
points. Stores, foods, coppers and mis-
cellaneous pegged up 4 index points
apiece.
General Motors, Chrysler and Mack
Truck were the chief motors boosters,
while Stewart Warner, Briggs Manufac-
turing and Timken Roller Bearing ma
terially assisted the auto accessories
price Jump. Montgomery Ward and
National Tea led the stores group gains.
while du Pont and Radio rises OF 19 and
IL points, respectively, forced up the
miscellaneous index.
First-grade Issues Rise.
Among the industrials the first-grade
issues showed Az index point gair
as against a and 3l2 point rise fol
! the second and third grades, represent
| ing the more speculative stocks.
A compact survey of stock exchange
movements is given below by indexes
| and per cent of return:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-09
Washington Stock Exchange
SALES

Washington Rwy, q Elec $4,000 at
93I4.
Chestnut Farms Dairy com.-lo at
Q5.
Washington Gas Light--Io at s57s, 8 at
s57s. 10 at e57s, 20 at 90. 3 at s6.
Washington Rwy. d Elec. pfd-S at
9834, 2 at 9Ss4.
Riggs National Bank-l0 at 535.
Second National Bank--i0 at 40.
Federal-American Co pfd-5 at l04
Mergenthaler Linotype-10 at lO034, 10
at i00A, 20 at 10034, 80 at I0034, 10
at i0034. 10 at 10034.
Sanitary Grocery Co. pfd-5 at ll2la,
at l12.
AFTER CALL.
washington Gas IS "A"-S600 6. lo2.
Washington Gas $500 at I04Is.
washington Gas SIS 1880 at 1852.
Washington Gas SSH 900 at 104ss.
Barber g. Ross 6ias--$2 900 at CAS-.
Ana. 81 Pot r. r. SIS, 900 at $685..
Potomac Electric IS 1851 900 at l08,
$4,000 at l08.
Washington Rwy. q Elec. pfd.--l0 at
987s, 10 at 987s.
Chestnut Farms Dairy pfd.-20 at l04.
Peoples Drug Store pfd.-20 at 1o7ila
washington Gas IS "A"-s2.0oo at
10434. n
Potomac Electric LIST ss-sl 900 at
l003s.
National Bank of Washington at $40.
Money-Cail loans. S and s per cent.
Bid and Asked Prices.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-09
TREASURY CERTIFICATES.
KREGS SALES GAIN.

NEW YORK, July . H9.-~ssies OF q.
II. Kress 81 Co, for the first half of
1923, rose to $27.247.3i2 from $780,
047. year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-09
Farm Agricul- argt.
purchasing tural cultural
uoWFr prices. prices
tcopyrieht, 1921
POTATOES BARELY STEADY.

CHICAGO, July 8 LAp) Omitted States
Department Of Agriculture) Potatoes
receipts, 81 cars: on track, 297; total
United States shipments Saturday
1918; Sunday. "a cars: trading fair,
market barely steady: Southern. sacked,
Bliss Triumphs. best, T5ai 90: Door, soc
up: sacked Irish Cobblers. 50a90. ac-
cording to quality and condition; North
Carolina. barrels, Irish Cobblers. very
few sales, i.75aI.90: Norfolk, Virginia.
barrels, Cobblers, 1.75a2.00; East Shore
Virginia barrels, Cobblers. mostly 2.25,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-09
STOCK rs OFFERED.

NEW YORK. July CpD.~~An issue
of cumulative preference stock OF Ma
tional Family Stores Ia being made at
$3.50 a share. each share emitting the
holder to purchase one share of COM
mon ct $50. The company operates 10
stores, serving clothing and apparel
needs OF the family. In Wisconsin, IN
diana, Minnesota, Maryland and Penn
sylvania.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-09
WOOL QUOTATIONS.

BOSTON, July o (SpeciaD Fair
quantities Of clothing territory woods.
in the grease, were reported sold at
the start of the week In the Boston
wool market. Fleece wool prices were
reported slightly under those recently
quoted on combing woods. Fine terri
tory was quoted at 1.15a1.20 clean basis;
French combing at LOCAL 10; half blood
at 1.12aI.15, three -eighths blood at
1.08a1 10 and quarter blood at LOS. Fine
Ohio fieeces were quoted at 40 cents
grease basis, half blood at SO cents.
three eighths blood at So cents ana
quarter blood at IS cents.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-09
PRODUCE. EXCHANGE.

NEW YORK, July @.-Flour,
steady; Spring patents, 7.20a7.50: soft
Winter straietts, 7.25a7 so; hard Winter
straights, 6.85a7.15. Rye. firm: No. 2
western, 1868 fob. New York and
1.24M elf export. Pork, Arm; mess,
1880: family, $3.50. Tallow, dull; spe-
cial loose, 8; extra, 8A.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-09
WILL INCREASE CAPACITY.

NEW YORK. July Rainbow
Light. Inc, operating subsidiary OF
Rainbow Luminous Products, Inc, manu-
facturers OF tube lighting for outdoor
commercial illumination, will increase
capacity Of the Detroit plant to make
completed signs In addition to luminous
tubes. A growing demand In Mid
Western territory for tube lighting Is
reported
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-09
CONTRACTS FOR GASOLINE.

NEW YORK, July 0 dP).--New Eng
land OIL Refining Co. has entered into
an ordinary commercial contract with
the Asiatic Petroleum Co.. New York,
Ltd, for the purchase OF gasoline Tor
Its requirement In excess OF that pro-
tiuced In Its own refineries. Asiauo
petroleum Is part of the Royal Dutch
Shell combine.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-09

June 28) MAY 23) July go
Low t.26 '27 '2S) 75.6 $50 2.8T
(Apr. 26) tApr. 26} tApr 26)
The Chapel Hill weekly. [volume] (Chapel Hill, N.C.) 1923-1972, 1928-03-30
THE UNIVERSITY
BEGINS ERECTION
OF NEW LIBRARY
Estimates Fall within Grant Of
$625, 1000 and Are Approved
by Committee
COMPLETION IN Is MONTHS

The construction of the Uni
versity's new library has begun.
On the plot on the south edge of
the campus, staked off last
month, the contractors, T. c.
Thompson & Bros, have in
stalled a steam shovel; and
scores of laborers are at work
preparing the ground for the
foundations.
Estimates submitted by the
contractors came within the
S625,OOO appropriated for the
building by the legislature, and
were approved by the trustees
building committee. The final
word of approval for the con-
tract must come from the states
budget commission. of which
Governor Mclean is lchairman,
but the initial steps in construc-
ton do not have to wait upon
this.
Fifteen months, approximate
ly, will be required for the COM
pletion of the job, so that L. R.
Wilson, with his staff, his books
and periodicals, his statues and
pictures, and all his equipment
and paraphernalia, will be NOV
ing in by midsummer of 1929.
The new library was designed
by Arthur C. Nash of Atwood
& Nash, University architects,
with Mckim, Mead & White of
New York as consultants. The
plan contemplates future expan-
sion.
The Chapel Hill weekly. [volume] (Chapel Hill, N.C.) 1923-1972, 1928-03-30
Golf Team Organized

Golf has at last acquired
standing among University
sports.
A team has been organized by
the students, with Junius G.
Adams of AshevilIe as manager,
and a schedule of matches has
been arranged. The match with
Duke, the first on the list, takes
place tomorrow Saturday in
Durham,
The authorities of the Hope
Valley Country Club, six miles
from here on the road to Dur
ham, have agreed to let the links
there be used as the University's
home course.
The Chapel Hill weekly. [volume] (Chapel Hill, N.C.) 1923-1972, 1928-03-30
Summer Law Faculty

Dean Mccormick of the Uni
versity's law school announces
the faculty for the two summer
terms:
First term: Justice Brogden
of the North Carolina Supreme
Court; Edmund M. Morgan of
the Harvard law school; Wesley
A. Sturges of the Yale law
school; NJ. s. Breckenridge; and
Charles T. Mccormick.
Second term: Justice Connor
of the North Carolina Supreme
Court; Edmund NJ. Morgan
James Lewis Parks, author of
the volume on mortgages in the
American Case-Book Series; r.
HI. Wettach; and Albert Coates.
The Chapel Hill weekly. [volume] (Chapel Hill, N.C.) 1923-1972, 1928-03-30
Mongrel Strain in New Kittens
DiSmayS the Henderson Family

speculate upon the newcomers
parentage. But their specula-
tions got them nowhere; for
there was a Greenlaw cat to the
east and a Royster cat to the
west, and either might be the
father. On one point there was
no doubt: Daffy, the pride of the
Pratt household, had no right or
title to this litter. 1t was all too
evident that Kitty Rousseau was
a devotee of the equalitarian doc
trines of the distinguished
Frenchman whose name she
bore.
A denizen of the biology build
ing, a friend of the Hendersons'
provided a ray of cheer by ex-
planning that there was still hope
of a full blooded Angora strain,
For, under MendePs law of
heredity-so the biology expert
explained-one of the two yel-
low kittens would breed pure if
mated with a pure Angora, while
the other would breed mongrel.
But this hope was dashed be-
cause both the yellow kittens and
one of the spotted pair promptly
died, leaving as his sole survivor
one spotted kitten, a plainly
plebeian character.
Still, the mother Angora re-
mains alive and well.
The George Bernard Shaw
notes and memorabilia were not
damaged. Kitty Rousseau did not
tear them-she merely kicked
and pushed them about a little
so as to make herself a comfort
able bed.
The Chapel Hill weekly. [volume] (Chapel Hill, N.C.) 1923-1972, 1928-03-30
Drama COnfab Near
Some Notable Persons Expected al
Meeting Here Next Week

The Eastern Regional Confer
ence on the Drama takes place
here next Wednesday and Thurs
day. 1t was planned last year
at national drama conference
at Yale and its object is to stim-
ulate interest in the little theatre
movement.
Among those who are expected
to come from outside the state
are j. Brooks Atkinson, the New
York Times drama critic
George Pierce Baker, head of the
dramatics department at Yale
Lulu Vollmer, author of Sun-Up;
and Sidney Blackmer, the actor.
The sessions will be held in
the Playmakers Theatre with
Frederick H. Koch presiding.
President Chase will make an
address of welcome Wednesday
afternoon. Papers ON various
topics pertaining to the drama
will be read, and the conference
will end with a performance by
the Carolina Playmakers.
The state dramatic festival
and the finals of the statewide
dramatic tournament will begin
Friday and continue through
Saturday.
The Chapel Hill weekly. [volume] (Chapel Hill, N.C.) 1923-1972, 1928-03-30

At the outset of his speech
here Tuesday Senator Reed said
that he was embarrassed because
college students are the most
critical and wisest of all audi
ences-l can't tell you anything
you don't know" This was
spoken in jest, but as he went
along decided that the Senator
had told the exact truth. The
first two thirds of his hour-and-
forty-minute speech was con-
sumed by as obvious and COM
monplace stuff as | have ever lis
tened to. He informed us that
before our Revolutionary War
most of the governments in the
world were menarchies; that
kings considered the mass of
people incapable of exercising
political power; that the fathers
of this republic sought to estab-
lish a nation where all men were
entitled to life, liberty and the
pursuit of happiness; that the
first ten amendments to the Con-
stitution were enacted in order
to guarantee the individual pro-
lection against excessive control
by a central government; and so
on through a long array of facts
which had been stated in debates
and graduating speeches from
the same platform a thousand
The Chapel Hill weekly. [volume] (Chapel Hill, N.C.) 1923-1972, 1928-03-30

The Archibald Henderson
family cat, a handsome Angora
named Kitty Rousseau, went
hunting about the house for a
suitable place to lie; and, with
the sure literary taste which she
had absorbed from her environ
ment, she chose a mass of notes
and memorabilia relating to
George Bernard Shaw. These
were piled in a corner of the
study.
There she was found later
with four kittens.
Now this was an event which
had been eagerly anticipated in
the Henderson family. In the
Pratt household across the street
there dwells male Angora,
named Daffy. When Kitty
Rousseau came to the Hender-
sons, it was hoped and expected
that the Angora population of
the East End would be augment
ed. So, naturally, there was
great jubilation in the house
when the litter was discovered.
The Henderson parents and chill
dren all hastened to the George
Bernard Shaw maternity ward
to admire the aristocratic yell
low Angora kittens. The assem-
bled company, however, stood
in stupefied silence when they
saw that only two of the four
were yellow and the other two
were spotted. That is, two took
after the mother, and two took
after a male parent unknown.
AS soon as the gazers recov-
cred their speech they began to
The Chapel Hill weekly. [volume] (Chapel Hill, N.C.) 1923-1972, 1928-03-30
Debate ON Smith
His Fitness for the Presidency VIII
Be Affirmed and Denied

The universities of Alabama
and North Carolina will have a
debate here at $50 tomorrow
Saturday. evening in Gerard
hall about the fitness of Gov
ernor Smith of New York for
the office of president of the
United States. 6 North Carolina,
taking the affirmative, is repre-
sented by Taylor Bledsoe and
Red Williams, with John New
born as alternate.
The query is; Resolved, that
Alfred L. Smith, Governor of
New York State, should be elect
ed President of the United
States. Thus, whether or not
Governor Smith should be nom-
mated by the Democrats because
he has the best chance to win
does not enter into the debate;
the question is broader-it is
whether or not Smiths election
would be in the best interests of
the nation as a whole. Hence he
must be compared not only with
other possible Democrats but
with Republican candidates also.
His views on prohibition, on the
tariff, and on other affairs ma
tional and international will
come under discussion.
At New Orleans this evening
North Carolina debates with
Tulane on the same subject,
there taking the negative with
Charles Jonas and John Mebane
as the team and Garland Nc
Pherson as alternate.
The Chapel Hill weekly. [volume] (Chapel Hill, N.C.) 1923-1972, 1928-03-30

The University tennis team
opens its spring season when it
meets the Virginia Medical Col
lege here Saturday, April Z, one
week from tomorrow. Alto
gether the team will compete in
Is dual meets, and will enter the
state and the Southern Confer
ence tournaments. Seven of the
dual meets and the annual state
intercollegiate tournament will
take place here. Early in May
the team will start on a ten-day
Southern tour, winding up at
New Orleans with the Confer
ence tournament.
The Chapel Hill weekly. [volume] (Chapel Hill, N.C.) 1923-1972, 1928-03-30
STEVENS CHOSEN
SUPERINTENDENT
OF THE SCHOOL
Has Taught in Summer School
Here; Now Taking Doctors
Degree at Columbia
FORMERLY AT CHARLOTTE

A. B. Stevens was elected SUI
perintendent of the Chapel Hill
school at a meeting of the towns
school board Wednesday MORN
ing. He is to take charge Sep
tember 1.
He was formerly an official in
the Charlotte schools. This year
he is at Columbia University
completing the course leading to
his doctors degree. He came to
Chapel Hill a few days ago to
consult with the board and is a
guest of the Trabues. He will
go back to the North in a day or
so.
Mr.. Stevens taught in the Uni
versity Summer school three
years and will be here again this
summer.
The plan of cooperation be-
tween the University's school of
education and the Chapel Hill
school continues in effect, but
Mr.. Stevens will have no connec-'
ton with the University. His
salary is to be paid by the COM
munity and he is responsible to
the school board.
The Chapel Hill weekly. [volume] (Chapel Hill, N.C.) 1923-1972, 1928-03-30
University WOmen's Meeting

The American Association of
University Women will meet in
the Episcopal parish house at
4:3O Tuesday. Mrs. Howard
Mumford Jones will speak on
"The University Woman in
Business" The hostesses are
Mrs. c. T. Mccormick and Mrs,
Ill +. Conner.
The Chapel Hill weekly. [volume] (Chapel Hill, N.C.) 1923-1972, 1928-03-30
A CapeIla Choir to Sing Twice

The A. Capella choir will sing
Stainers "The Crucifixion" at
four o'clock Sunday in the Pres
byterian church, and again Good
Friday evening Zone week from
this EVENING" in the Episcopal
church. Wesley Beans and
Spencer Stcrr are the soloists,
and Mrs. Wheeler plays the or
gan. The public is cordially in
vited to both recitals.
The Chapel Hill weekly. [volume] (Chapel Hill, N.C.) 1923-1972, 1928-03-30
Miss Glass To Have a Leave

The school board has granted
Miss Lettie Glass a leave of alb
sence because of the state of her
health. She may have to un-
dergo an operation. She will re-
sumo her teaching when she has
recovered.
The Chapel Hill weekly. [volume] (Chapel Hill, N.C.) 1923-1972, 1928-03-30
Community Club to Meet

There will be a meeting of the
Community Club today (Friday)
in the Methodist church at $3.50.
DIR. s. A. Nathan will address
the gathering.