davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-25
CONVERTIBLE BOND
ISSUES ARE ACTIVE
Speculative Element Turns
| to Foreign Group-Ad-
vances Recorded.
BY CHARLES F. SPEARE.

Special Dispatch to The Star.
NEW YORK, october 25.-Interest In
convertible issues today moved from the
domestic to the foreign group in which
the largest advances occurred. The
italian industrial rs gained from 81
to 4 points in response to the higher
prices abroad for the stocks into which
they are convertible.
Domestic convertibles were irregular,
With the exception of Andes Copper rs,
which had an early rise OF nearly z
points to 165, the other members OF
this group were reactionary. The oils
feature of the speculative market.
Sugar bonds were also higher. In the
case of Eastern Cuba Sugar tbs the
rally from the low price of the month
has amounted to is points.
There was not so much activity IN
the United States Government group
following the good gains Of the last Few
days. The Az per cent notes were
quoted at par and the 434 per cent
issue at premium of u. High-grade
rails and public utilities were. dull and
little changed. A few of the Junior
rails showed fractional advances.
III WAS 1AAC WILL -
unit of $10,000,O00 Anaconda Copper
Co. debentures had been converted into
common stock at $50 a share. This
leaves $20,00O,000 outstanding of the
original issue of S50,000,000. The next
lot of bonds is convertible at. $62
share and the final $l0,000,000 at sos
a share. The price of the bonds today
dropped off over 2. points.
Public utility bonds and preferred
stocks composed the largest portion of
today's issues. This financing has been
helped by the recovery that has taken
place in the past few-weeks in public
utility securities. A number of joint
accounts have been formed to &C
cumulate both bonds and preferred
stocks at which it appeared to be at
tractive levels compared with the
issuing prices.
A canvas of underwriting houses in
dicates that the volume of new business
under negotiation is small. Dealers are
for the first time in some months COM
planning that they have only limited
supply of bonds, and are not able to
satisfy the demands of their customers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-25
Public Utilities

Special Dispatch to The Star.
NEW YORK, october 25.-Consoli-
dated Gas, Electric Light and Power
Co. of Baltimore reports net income for
the quarter ended September 80 Of ST.
21O,433 after taxes, depreciation and
charges compared with $l,577 ,285 in the
preceding quarter and $1,035,203 in the
same quarter Of last year. Net income
for the nine months ended September
80 was $4,453,278 contrasted with S.
1854, 1892 in the first nine months Of 1927.
An additional issue of $4,000 shares Of
Electric Investors. Inc, So preferred
stock of no par value, is being marketed
today at 500 per share to yield over 6
per cent, by Bonbright g. 90.
American superpower, in its report
for the IL months ended September 80,
shows gross income of $6,1S4,345 from
dividends, interest, profits and COM
missions, compared with gross income
of $3.50, 166 reported for the preceding
II months. Net income. after expenses
and taxes, totaled $5,745, 698, against
$3,2l5,726 in the previous IL months,
and the balance available for dividends
on the common stock totaled $3.3S2, 4s6,
against $2.O09.787.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-25
FIND ERROR OF 20 FEET.

PARIS CP).-The capital of France
is not where it was thought to be. In
calculating its position, navigators and
astronomers alike have hitherto made
an error of about 20 feet.
The French Bureau of Longitudes
has now set this right, moving the 10
cation two hundredths of a second
farther east than had been supposed.
For scientists the importance of the
demonstration lies in the accuracy
now attainable In geographical and
astronomical observations, for 1t was
through observations of the stars that
this error in the old calculations was
discovered
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-25
COTTON PRICES STEADY.
Declines Follow Rally Caused by
Ginning Report.

NEW YORK, October rs (P.-The re-
port of the Census Bureau showing
8,147,301 bales ginned prior to october
Is was followed by advances of about
ID to % points IN the cotton market
early today, but the figures were only
slightly under expectations, and the ad-
vance was checked by near month
liquidation. This subsidized after trading
in october contracts ended at noon, and
late forenoon declines we're followed by
a comparatively quiet and steady mar
ket. At O'Clock prices showed raj
lies of about 10 points from the lowest
and we're within a point or two of yes
terday'S closing quotations.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-25
CORN VALUES INCREASE.
Larger Export Business Gives
Boost to Prices.

CHICAGO, October rs P).-En-
larged export business in corn, totaling
more than one million bushels for 48
hours, gave a fresh lift to corn values
today and also affected wheat. Coun-
try offerings today of corn to arrive
here we're fairly liberal, but were being
fast absorbed by industries and were
not being hedged against future delivery
contracts. In some quarters much sig
nificance was attached to advancing
prices for corn in Argentina, as ex-
planning increased European demand
for corn from the United States,
Corn closed unsettled at the same
as yesterdays finish to "a higher, wheat
q to 3s up, oats varying from shade
decline to Is advance and provisions
at 15c setback to rise Of IS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-25
Drug Store Trade Analysed,

NEW YORK, October rs (P).-The
average city dweller spends $l4.o1
annually in drug stores, while the
country mans patronage amounts to
$685., Parke, Davis g. Co. of Detroit
announced today In estimating annual
business of the $1,000 drug stores at
100000 Only $125,000,Oo0 is
received for prescriptions, soda foun-
tains taking in $175,O0O,OOO and cigar
counters $100,000,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-25
Grocery Chain Incorporated.

NEW YORK, october Is R).-The
incorporation of a $20.000000 grocery
chain store organization to be known
as Park & Tilford Retail Stores, Inc,
was announced yesterday for the
Schultz interests. The capital will be
supplied by Park e. Tilford and other
Schultz interests and no public offering
will be made. Negotiations were said
to be under way for the acquisition OF
existing chains of stores.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-25
STEEL MARKET STRONG.

NEW YORK, October Is P).-The
fundamental strength of the iron and
steel market is emphasized by contin-
ued advances in primary materials, Iron
Age reports. Prices Of pigiroh, scrap
and coke have made fresh gains, CIV
ing added support to an already strong
situation in finished steel. For the first
time in several months the Iron Age
pigiron composite price is higher than
it was a year earlier 1t is now $17.92
a ton, compared with $17.84 last week
and year ago. The finished steel COM
posite remains at 1882 cents pound.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-25
Railway Income Gains.

BALTIMORE, October IS (SpeciaD =
Gross revenues of the Maryland and
Pennsylvania for September totaled
$50 ,229.99, a decrease of $12,3l4.6S as
compared with the same month a year
ago. Operating expenses for the month
showed a reduction of $10,681.77. Net
railway operating income aggregated
$21 ,25l.35, a gain of $12623 as COM
pared to September, 1927
For the nine months operating reve-
nues totaled $685., 702.12, a decline OF
S79,094.12 as compared to the cor
responding period last year. while net
railway operating income was $1l8,-
93627, fallinf of of $19,14317.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-25
Gold Dust Firms Profits.

BALTIMORE, october Is Especially -
The Gold Dust Corporation, which has
its principal plant here, and subsid-
iaries, report for the year ended August
81, 1928, net profit of $2,731,769, after
Federal taxes and depreciation.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-25
Washington Stock Exchange

GEORGETOWN Gas 5s-$I, 900 at 1929,
$500 at 1929, 1000 at l03.
Washington Gas IS "A'-$l0O at 104 u,
$500 at l041s.
Potomac Electric 81, % pfd.-+i at 100.
Washington Gas Light-10 at 10i34, 10
at l0l7a, 10 at i02, 20 at 102.
National Metropolitan Bank-10 at AGO.,
loaf 400. 81
Firenaen's Insurance Cos at 37l2.
Federaf-American Co. COMIC at e55.
Merchants Transfer & Storage CON-
10 at 129.
Mergenthaler Linotype-10 at 101, 10 at
10l1a at 101h, 3 at 101sa
Peoples Drug Stores pfd.-10 at 122.
AFTER CALL.
CAPITAL Traction 5s-S3, 900 at 1917.
Federal-American National Bank-l0
at 1886.
washington Rwy. &. Electric $50 900
Potomac Electric 5las6 pfd-7o at
l09Is.
Merchants Transfer & Storage pfd.-l0
at i0s, 3 at 106, 10 at lob.
Merchants Transfer & Storage CON-
40 ata129. 90 at l29, 80 at l29.
Potomac Electric So pfc.-2 at l13M.
Bid and Asked Prices.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-25
Live Stock.

HELENA, Mont.-There is an insist
ent demand for stocker and feeder
cattle. These animals are going into
the ii Midwestern corn growing States
at prices IS per cent higher than last
season.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-25
Commodity Notes
Fruit.

SAN FRANCISCO, october 25.-It is
estimated that less than 100 cars of
Valencia oranges remain in California.
The advance Of Is cents box at ship
ping points is expected to be followed by
other advances.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-25
Steel.
PITTSRuRGH=Th

PITTSBURGH-The seasonal rail in
quiries by carriers have been slightly
less so far than at this time last year.
The New York Central inquiry is for
10000 tons, while that of the Pennsyl-
vania is 100000 at once and option on
more up to a total of 272,000 tons.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-25
Poultry.

MINNEAPOLIS.-The farmers of this
their poultry this season. This trend
has been aided by the decline in the
amount of poultry in cold storage.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-25
Coal.
WILKES-BARRE,

WILKES-BARRE, Pa.-The Lehigh
Coal & Navigation Co. and the Jeddo
Highland Coal Co. are shipping as fast
as possible from storage piles Of an
thracite, since demand is heavier than
daily production from the mines. Many
properties idle year or more have re-
sumed.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-25
NEW YORK BANK CLEARINGs

NEW YORK, October IS Especially -
New York bank clearings, 81 ,391 900, 900;
New York balances, $125,000, 900;
$108, 100000
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-25
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star Omes
TNDTISTRIAI.S

Following is list of stocks and
bonds traded in on the New York Curb
Market today:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-25
Special Dispatch to The Star.
NEW YORK, october u.s.

Rev. DR.. Daniel A. Polling, New York
pastor, has written three books.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1928-11-11
Farmers May Be
Poor But Their
Sons In College

AUSTIN, Texas, Nov. f0.-Farmers
OF the country may be IN a bad way
at any rate. politicians have filled
the newspapers and radio programs
with news to that effect-but they
still are able to send their sons and
daughters off TO college. Last year
$40 University Of Texas students
gave the occupation Of their parents
rs farming.
Merchants led the field among pa
rental occupations. with 5s4 repre-
sentatives. Law ranked third IN
popularity, with $50 students laying
claim 10 lawyer fathers. Medicine
ran close to law, 216 students hav-
ing doctors for fathers. !.
The least popular professions and
OCCUPATIONS. according to statistics,
seemed TO be gardening. smelling,
pattern-making. woodworking. AVA
ton, boat and line running. plotting,
exporting, huckstering. trading, en-
tomology and surveying. with one
parent in each vocation.
A total Of 157 occupations are rep
resented in the list compiled from
student registration cards. The list
includes teachers. Young Mems
Christian association and Young
Woman's Christian association work
ers. abstractors, congressman, state
and government employees, watch
men. tourist camp wners, landlords,
BARRIERS, statesmen, printers, regis
trars, boilermakers, truck drives,
capitalists, butches. bottlers, mis-
s~ionaries and ministers.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1928-11-11
Collector
To Make Round
Last Of Month

County Tax Collector J. ]. Fox
will begin his annual pilgrimage"
November IS for the purpose Of col
Letting county and state taxes. auto
licenses and poll taxes. according TO
announcement at the tax collectors
office Saturday.
The following itinerary and dates
have been announced by the tax col
~lector:
Harrington, Friday, Nov. 16. at Val
ley State bank.
Harrington. Saturday, Nov. IT, q.
First National bank.
La Feria. Monday and Tuesday,
Nov. 10 and 20. ut First National
bank.
Rio Hondo, Thursday, Nov. %, at
Arroyo State bank.
San Benito. Friday. Noy. %, al
Farmers State bank.
San Benito, Saturday. Nov. "a, at
San Benito Bank and Trust Co.
Mr.. Fox will also collect drainage
district tax and navigation district
taxes in the Arrovos navigation dis
trict. he announced.
these annual trips are made for
the convenience OF the tax slycrs,'
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1928-11-11
PIT. ARTHUR-BEAUMONT
BOULEVARD IN SIGHT

BEAUMONT, Tex, Nov. 10.-lP-
A 20-mile boulevard between Beau
mont and Port Arthur, which has
long been a dream OF this section Of
southeast Texas. is now in prospect
since state aid is looked upon fay-
orably for the project.
County commissioners have OBJ
tanned a right Of way for the pro-
icct and have held the deeds for
several months. Impatient at delay
Of the work some of the donors OF
the land asked that something be
done or the land returned TO them
This was promised, and a date ct
for returning the property when in
formation reached here that Il Is
probable state aid will be available
to help toward carrying out the
work. The action was rescinded
and hopes have been revived for
the project which promises 70 be
n Of the finest drives in the
state.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1928-11-11
N. P. APPLIES
FOR PERMITS
TO RUNBUSES
Entry of Railroads In
to New T~ransporta-
ton System Seen i'm
Arkansas Move

HOUSTON, Nov. 10.-Entrance Of
. great railway systems Of the
middle west into the automobile bus
Held was indicated by the filing to-
day OF an application with the Arkan-
sas railroad commission by the Mis-
sour Pacific Transportation Com
pany seeking permission to ouerate
bus lines within that state. The Mis-
souri, Pacific Transportation Com
pany, according to an announcement
by n. r. Stafford, executive vice
president Of the Missouri Pacific
Lines, Is a subsidiary of that railroad.
The application with the Arkansas
naiiroad Commission was filed by p.
>. Neff, whose appointment as assist
ant to President Baldwin was recent
~ announced, and who, it Is under
stood, has charge of bus and truck
matters for the railroad. While no
bus lines are at present being oper-
ated, according to Mr.. Neff, it is
planned 10 inaugurate service when
the applications are approved by the
railroad commission.
Mr.. Neff stated it was planned for
ms present only to improve the SER
vice on highways paralleling Nilsson
RI Pacific tracks, particularly in the
way Of supplementing branch line
service and providing better connec-
lions fer through trains along main
lines where through trains do not
make all of the stops.
Cost of maintaining local passen-
ger service is becoming more and
more Of a burden Of the railroads"
Mr.. Neff said "and for that reason
the railroads are turning TO the high
ways to which they have so largely
contributed in the matter of cost as
the means of preserving the short
haul traffic, and by cordinating with
long-haul traffic still function in a
name best to serve the interests
OF the public.
"The railroads are better equipped
financially than independent opera
tors TO provide adequate and depend
able service on the highways be-
ia of their ability to expand in
line with requirements of the COM
munities. They can also perform
certain phases Of highway service
which Independent operators would
not undertake because Of thin reve-
nues.
"The railroads also have tremen-
dous investment in these highways
through taxes paid for their con-
struction, and for these reasons il is
expected that he commission will look
~favorasly upon granting all Of their
applications"
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1928-11-11
u. of I. Students
Studying Aviation

AUSTIN, Nov. 10.-With interest
in aeronautics following an ever as
cending scale, University Of Texas
students have manifest their fond
ness for flying by taking up the
study OF it in regular engineering
classes as well as registering for
actual instruction in plotting an air
ship at local airports. And now, as
m indication Of the rapidly increas-
ing popularity of the science on the
campus, university students have or
gained an Aeronautical society with
a membership of approximately so.
A constitution has been drawn up,
and plans have been made to Sc
cure lecturers 10 appear before the
society from flying fields in San An
tonic. Officers have been chosen
as follows: B. O. Winkler Of Austin.
president; J. Robert Coitharp Of
Childress. vice president: Joe Boyer
Of Amarillo. secretary: Lee Bender
of Rising Star, treasurer; W. Mere
dith Baker Of Amarillo, reporter:
and Hal c. Weaver. professor Of
mechanical engineering. faculty ad-
visor.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1928-11-11

WASHINGTON, Nov. l@RJ-Why
did Ambassador Morrow establish a
summer home in Cuernavaca IS miles
south Of Mexico City?
Why did the Aztec Montezuma,
CorteZ the Conqherer, lll-IaUed Max
imiiian and the beautiful Carlotta
20 to Cuernavaca for the summer?
Because C~uernGvaca, Tho sun
Child of the Sierras," lacks only an
apple tree, so IT is said, TO be
Eden.
The American ambassador motors
out Of the capital past Chapultepec
Heights, past the Pedegral lava waste
where a National Geographic society
expedition uncovered remains of
what is probably the oldest American
civilization on record, over 4 noun
ain pass 10000 feet high, and down
into the picture orchards Of exquisite
Cuernavaca valley.
The town suns itself on a hill
overlooking the valley. Deep gorges
or declivities on every side isolate
it. Once the visitor enters the city
he finds himself apart from the
world. Behind Cuernavaca and
against an azure blue sky stand snow
capped ~Popocatepetl and lztaccihuatl.
Before the city spreads the tropic
valley with sugar and coffee planta-
tions, fields Of rice and bananas, and
orchards Of lemon, orange and mango
trees.
Naturally a town Of such position
and associations has many treasures;
the Cortez palace which serves
as the capitol of the state Of Morelos,
the cathedral built in 1885, Olindo,
the villa Of Mcmillan and Carlotta,
but the prize Of prizes is the Borda
Gardens.
Don Jose de la Borda made a
fabulous fortune out of his rich
mines and like so many others made
his home in ~Cuernavaca, renowned
for its perfect climate and excellent
view. De In Borda brought garden
ers from Europe and spent more than
n million dollars to reproduce on a
grander scale the gardens of YER
safles. This was in 1852. Cuerna-
vaca still enjoys his ~extravagant
creations. Within the gardens are
lakelets. cascades AID luxurious
baths. Even today grounds are
adorned with roses growing on net
works OF trelllises, groves Of laurel
and mango. fountains and great
vases, casinos and pavilions. Per-
hans the richsde Ia Borda set out to
copv Versailles, but he achieved the
tropical business Of a Moorish re-
treat.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1928-11-11
SMITHSPACE
TEXAS YOUTH
Made AL Trips With
Nominee; Sensed
Coming Defeat

AUSTIN, Tex, Nov. 10.-P1-Mil-
burn McCarty, ~l5-year-old Texas boy
who served as personal page to Gov.
Alfred 4. Smith Of New York during
his presidential campaign, including
stamping tours, sensed a debacle
that routed the democratic forces in
Tuesdays election.
Sundays air mail brought a letter
from him to his father, Milburn Nc
Carly, Sr., Of Eastland. 1t does not
look so good, Daddy" he wrote pre-
dieting that Smith would carry only
Massachusetts, and Rhode Island in
the east. He added, however. that
Gov. Smith was confident of victory.
Young McCarty had an experience
during the history-making campaign
which doubtless will interest his
grandchildren Sc years from now.
He was personal page to V~ice-pres-
ident Charles Dawes in the United
States senate, having gone to Wash
ington as a page after serving in
that capacity in the Texas house Of
representatives. When Dawes pick
ed his personal page, he looked
around for the best and decided on
the Texas youth. When the demo-
cratic national convention came to
Houston, McCarty was asked to come
along to do some expert paging.
After Gov. Smiths nomination, the
democratic headquarters in New
York placed the Texas boy in charge
Of the reception room. 1t was his
duty 70 meet the visitors and pass
them in A the ppreonz fhay uaptad
to see.
When IL came time for Gov. Smith
to Ego West" oil his speaking tour he
personally requested Milburn to ac-
company him.
Tuesday night, following the cleo
ton, Milburn slept in one of the
rooms of Gov. Smiths suite in the
Biltmore hotel.
Like Gov. Smith, he is quitting
politics, and will surrender his place
in the senate with President Hoo
vers' Inauguration, according TO his
father.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1928-11-11

Mr.. Fox said. IL will have all nee
essary records with me, and all taxes
payable to the cAinty tax collector
can be paid direct TO me at the places
/ have designated. / would especial
ly urge the owners Of motor vehicles
TO pay their motor license fee nc this
time and avoid the rush which causes
so much inconvenience to bot hthe
motor vehicle owner and the tax col
lector. Motor license fees must be
paid prior to December 81. and IL
would be advisable to pay them now.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1928-11-11

HOUSTON. Texas-Herbert Hoover
of Houston voted for Alfred +.
Smith.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1928-11-11

RENO, Nev.-Herbert Hoover Of
Reno, a tenant OF Alfred Z. Smith Of
Reno. voted for Herbert Hoover of
Palo Alto.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1928-11-11
Flashes Of Life
(By The Associated Press)

Upton. Iowa-John W. Rec Or.
%. hopes 70 hold Mr.. Hoover's hat
March 4. He says his offer during
the campaign to perform such a task
was accepted.
RENO. Nev.-Herbert Hoover Of
Reno. a tenant OF Alfred K. Smith Of
Reno. voted for Herbert Hoover of
Palo Alto.
HOUSTON, Texas-Herbert Hoover
Of Houston voted for Alfred +.
Smith.
JACKSON. Miss.-A resolution in
PRODUCED in the state senate seeks
the removal Of the bodies of Robert
r. Lee and Stonewail Jackson from
Republican" Virginia 70 democrat
ic" Mississippi.
NEW Y0RK-Lady Heath. British
aviatrix. intended TO christen q new
plane here, but she has changed her
mind. II wor': be christened at all.
She brought some champagne along
for the ceremony, but some Of Uncle
Sans men poured it TO the fishes
from a boat.
NEW YORk-GeorTe NJ. Grouse OF
Syracuse believes he has made a trip
across the Atlantic ana back faster
than anybody else. He went on the
Graf Zeppelin and returned by
steamship in the total time OF II
days, 10 hours, a. minutes.
BRISTOL. Pa.-The largest pas
senrer airpiane in the United States
has a stateroom with sleeping COM
partments and seats for 20 passen-
gers in addition to two pilots and
a be arranged for "a passengers.
IL has made a successful trial flight.
WASHINGTON - Arm officers
need be timid no longer about show
ing their legs in society. They are
permitted to cover them with light
blue trousers when not n formation
or under arms.