davidaulloa/AmericanStories huggingface dataset:
Evening star., 1928-04-16

had cast the deciding vote refusing
to confirm him as Minister Of England.
The latter months Of the administra-
ton saw reflected In the country the
need OF better currency and banking
system, but the national debt had been
all paid off and the revenues we're so
large that provision was made for their
distribution among the States in re-
turn for negotiable certificates of de-
posit. This policy was questioned by
the President in his message Of 1896
and did not prove to be salutary.
On the 7th of March. 1887, he set
out for his old home, The Hermitage
He had triumphed over opponents wf1c
were considered then, and rank now
among the great statesmen OF his day
Calhoun had gone down on nullifca.
ton. The great figure Of Daniel Web.
ster had stood with the President or
that issue, but had opposed his banking
policies. Clay had compromised anc
lost. In his travels about the country
1t was evident that he was idolized b.
the people. He never failed to supper
what he believed to be their interests.
As the first Congressman from Ten
nessee he set a high standard in TIT
| Federal service which that State ha:
never failed to maintain. II at times h
was high tempered and oVerbearint
| there is no fairer story OF chiValTou
devotion and affectionate consideration
than that which he lavished upon hi
wife. In her benign presence he was al
| submission.
| Gave Nation New Strength.
| History accords him one of the higl
positions among the great names Of on
| country. He gave to the nationals
spirit through loyalty to the Union
new strength which was decisive TO
many years. His management Of ou
| foreign affairs was such as 10 secure
Evening star., 1928-04-16
LIST IS IRREGULAR
ON CURB EXCHANGE
Electric Bond & Share Is
Market Feature-ShareS
Rise to New Top.
BY WILLIAM r. HEFFERNAN.

Sreclsl Dispatch TO The Stas
NEW YORK, April 6.-~Trregularity.
more pronounced than at any t.ne
during the past month, characterized
price movements on the curb exchange
at the outset of the week. Industrial
SpecialitieS continued TO be influenced
by efforts % bring about higher prices.
but over a good part Of the list profatS
taking was urgent
The rise into new high ground IN
Electric Bond and Shate overShadowed
everything else in the entire proceed
ngs. Crossing lo4 the price was up 5 :
points from last weeks final of 9Si2,
Estimates place the price appreciation
since the first of the year in securities
held hv the company at approximately
SaS 600 600 or the equivalent OF SAC
share on the i.S02.S70 shares OF the
comDanv'S stock outstanding. Despite
this Electric Bond and Share stock It
self has appreciated IN value less than
Is points in the same period.
Utilities as a group Gid better tnan
most others Puget Sound Power *
Light continued its rise ano reacheo n
new high above IS. a gain OF more than
4 pa.r1tS Electric Investors also attained
O new peak. while profit-taking else
where was we'll absorbed.
The market for T.. s. l.. Battery be-
cause of recent buying was practically
cleared of all stock around Saturdays
prices and il shot forward today r9m
than 10 points 70 new high Of tx0,
Sparks Wilmington WAS another in The
same position and reached a new TOP
III 90, gain Of So points.
Special developments on the COM
pany'S properties adjoining those Of
Calumet & Arizona were cited as
responsible for the demand which car
rsed Slaattuck Dem to its best at 10.
Merger ramoVs involving consolida-
ton of Aavis Bot'ling with Mavis
Corporation was ths basis Tor strength
o. new tops for both issues.
The oils did little one way or the
other. Richfield Oil per cent bonds.
however, were in active demand at
their best above 1921 Stanley Co. of
America was nOticeshly weak despitS
the announcement that the compar~
had taken 3 nve-year lease on the
Philadelphia Metropolitan Opera House
Evening star., 1928-04-16
Commodity News

EPENoFrELD. I'll. April ie (spe-
Gssl) .~~~1iae condition Of the Spring
WHEAT III Illinois il poorer than In 30
years, With condition 57 per cent of
normal Rye also is below average, but
befter than wheat Fruit prospects are
sEyoFsigas.
PORT WORTH The demand for
KfA6sG milk COWS has broken ail Fort
Woft1 STOCK yafd Fecgfda ttiE Spring
Farmers aB tDe neN Texas farm dis.
eFaesS constitute Ghe bulk Of buyers
Tbs bslf u he3sers from well bred cows
Aas been brisk. They are being placed
CT gfas& ufasA ready fof milking.
CIaEy D~~Tsae WORK now being
don't oB the Mcdonald plant ri Car
fa@g1e lstAe3 Gu. seems likely ta n9ake
tf9as afSt tEas largest fat rolling mil
owned by TIE company, Tiae cost viii
b@ 81 yys5g gD9 ard Wsaen finished tae
patll viii add 80 men ~ the pay Toli
ATLANTA The danger of freezing
Of pe&ch orchards in northern Georgia
* diminishing daily The fFait viii be-
O fortnight later than asagl
MILWAUKEE. Cold storage wlB.
plies of butter are yoWes than ~ tl9!s
time saSs year Cheese supplies have
dropped III even gfe&1er degree,
Evening star., 1928-04-16
CHICAGO LIVE STOCK MARKET

CHICAGO. April IS tH, UNITED
States Department Of Agriculture -
Hogs-ReceiptS, $4,000 head, market
active to shippers and small packers,
mostly Is to IS higher than Saturdays
average: top. 900 paid freely for choice
ie0-230- 0-pound averages; butchers,
medium TO choice, 250-3S0 pounds,
So0a9.50 200-25o pounds, 9.0Oa9. SO:
10000 pounds. s.T5a9.60. i30-l6o
pounds T75ae,40: packing sows, lisa
8.35: pigs. medium TO choice, 9o-lSo
pounds 6.75a8,25.
Cattie~~Receipts. $4,000 head: calves.
receipts. 5000 head; steer and yearling
supply excessive, 25 lower In instances.
move very slow trade, she stock scarce
but weak: light yearlings numerous:
few replacement cattle in run. slalgh-
ter classes, steers. good and choice,
i.3o0-1 500 pounds. l3o0al4T5: l.i00-
1900 pounds. i2TSai4.75. 950ai 100
pounds, i260ai4S0; common and me-
dium, $50 pounds up. 9,00ai3.00. fed
yeariings, good and choice. T50-a5s
pounds. i350a1425: heifers. good and
choice. $50 pounds down. 1225aI385: I:
common and medium. 850al200: cows.
good and choice. 900aii.S0: common
and medium. 7,75a9.00: low cutter and
cutter. 6.i5a7,7S. bulls. good and choice
tbeen. a.0cai0.5o. cutter 10 medium.
750a9.I5 peasers fmslk-fetil. good and
choice. I225ai5.50. medium. Il.0Oa
i225' Gull and common. 8.00ali 90:
stocker and feeder steers, good and
choice tall weights1. ii50ai2T5: COM
mon and medium. 650ali2S.
Sheep~ReceiptS. 2i 900 head: fat
lambs. steady To Is lower: trade to
packers slow: sheep and feeding and
stlcaring lambs about steady; demand
for native springeFs very narrow: prices
sharply lower lambs good and choice
t92 pounds down., l6.S0aiT65; medium.
10 I5al6.7o; Gull and common. i3.a0a
1880: medium 10 choice tp2 100
p1nndsl. l5.D0ai7S0: ewes, medium 10
choice $50 pounds down. a.00a1I 40 !:
ruh and common. 350agT5: feeder
lambs. good and choice. IS.25aIG.Ts.
Evening star., 1928-04-16

wholesome respect for our Government
and the rights Of its citizens. He left
the Treasury without obligations and
with a surplus.
Coming up from the people, he DEM
onstrated that there Is SUFFICIENT sub
stance In self-government to solve I'M
portant public questions and rise SUI
perior to a perplexing crisis. Like 6
true pioneer. he broke through all the
restraints and impediments into which
he was born, and leaving behind the
| provincialisms and prejudices OF his
day. pushed out toward larger free
| dom and a sounder Government, carry
Ing the country with him.
In recognition OF the great qualities
OF her most illustrious son. the State OF
Tennessee has presented his statue &c
the National Government. In gratitude
Tor the pre-eminent service which fc
rendered. I. as President Of the United
states. accept IT. to stand here in tFe
hal OF Fame so long as this Capitol
shall endure
Evening star., 1928-04-16
EVERYMAN'S
INVESTMENTS
ny GEORGE r. HUGHES.
Stock Dividends.

GNWAM AANAWCh@Ss
From time to time n corporation Will
pay dividends to Its shareholders In
stock instead of In cash. Sometimes this
ia done because earnings and the busi-
ness outlook do not warrant the paying
out of cash. Sometimes 1t is done by
prosperous companies which prefer to
reinvest the money In the business In
stead of paying 1t out in dividends,
In any case the stockholder Is always
Mt liberty 10 sell the additional stock he
receives as q dividend In the open mar
ket and to consider the proceeds as
the return on his investment This
makes the market price OF the stock the
determining factor in the rate OF return.
III the stock declines In market price
the value of the dividend Is that mucn
less. Conversely II the stock advances
the dividend Is that much more Valu-
able.
There is another important point and
that relates to earnings per share. When
the policy of paying out stock divioenos
is followed out consistently over period
of wears 1t results. of course, In increas-
ing the number OF shares outstanding
and unless earnings available Tor divl"
dendS increase correspondingiy the
amount earned per share grows smaller
This point is well brought out in the
annual report of the North American
Co. recently made public. This conf
pany pays dividends on It's common
Stock at the annual rate OF 10 per cent
in stock. The shareholder can either
retain the additional stock, thereby In
creasing his investment In the COM
pany, or he can sell IT, The report en-
phaSizes the fact that while this in-
crease in stock has been going ON at the
rate of 10 per cent annually, the bal
ance available for dividends on the
common increased 10.4T per cent this
wear over last. This Is a gratifying
showing and useful yardstick TO ap-
ply to the analysis of other companies
paying stock dividends.
Evening star., 1928-04-16
Wall Street Briefs

UTAH COPPER CO.-vaiuation of
the property account Of Utah Copper
CO. was a feature Of the company s
annual report for 1927. this item stand
ing al S23 500 600. about S6.5I6000 in
excess Of the years total income. The
company reported s3o. 600 600 In securi-
ties and investments Nearly all Of It's
stock is owned By Kennecost.
WESTERN UNION TELEGRAPH
Net income Of the Western Union Tele-
graph Co. for the first quarter, with
March estimated. was Si20o3 254.
against S3.24l ,0s3 in the first quarter
O. 1877. Gross revenues. including 0tvf-
cen6s and interest, we're So .066, ,325,
against $50 os5, I95.
RAW SILK EXCHANGE Charles
Y. Y. Smiley. temporary president Of
the National Raw silk Exchange, an
ncITces a committee on grading and
inspection is being Termed By the ex-
change. with Charles Muller Of Sulzer
Rudolph ds CO. as chairman. The COM
naittee has retained the services OF 2
prominent testing expert Of one Of the
leading broad silk mills More than
800 applications for membership In the
new exchange have been received.
TEGERssOL- OL-RAfsD.-The financial
position Of Ingersol- Rand was strength
ened last year with an increase Of is
holdings Of Government securities from
&6.547 600 20 Se.O70 600. and In cash
from $3.50 600 10 s4.020lo00.
PER CAPITA WEALTH.-The New
Eeaiander. with Ss.3lT0T. is The richest
citizen tn ts1e world. the Swiss next.
a. 4 @swA
81 e4a so. ard the Rgmsgian fourth.
with 81 sos 90. 1t lie shown In . world
economic chart for 1927, complied by
Redmond L. Co. investment bankers
The heaviest per capita debt Is born
b. Great Britain, with sgI4.3o.
PIERCE PETRoLEuM.-Piefce Pc
trcieum Corporation and subsidiaries
report net operating profits Of 81 0Ti $50
Tor 1927 before depreciation and ceple-
ton, after deducting which there re-
naained slo,G67. In contrast TO Q deficit
OF GS6.2T sn 1926. Current assets we're
81. .5&2 JB4x, and current liabilities
a3Sie.2es. Cash In banks and on hand
was si.I0zs32s.
FIoRsHRrM SHOE cO~securitiea
of the FloEahesm Shoe co. t0saiiaa sI2,-
s50y00o are being offered by Lehman
Bros., $3.50 900 of per cent cumul&-
tive preferred at I02 and loo. 900 shares
Of A common ~ Sc This ia the first
pabasc offering Of The company's securi-
ties.
ALL AMERICAN CABLES. -- ALI
American Cables has opened a new Of
Gee at Cali, one Of the principal COM
nerc1al cities Of the western part OF Co
bomoae, in the plan Of Offering direct
cable serv3ce from the United States TO
important interior points Ct Central and
E0uEh America as well ss coast cities.
Evening star., 1928-04-16
WORLD ZINC STOCKS.

NEW YORK. April IS OP.-world
stocks OF zinc on April / are estimated
at $4,000 metric tons by the foreign
correspondent Of the American Zinc
Institute, Of which 37.700 tons were
credited TO the United States and $500
to Germany-Poland. The popularity
Of high-grade zinc Is a progressive fea-
ture Of the industry 50 far as Europe is
concerned. the report said. and the
brass makers in particular have swung
over 10 It's use in increasing numbers.
Prospects for an advance In the selling
price Of zinc are more dependent upon
the course OF the market in lead, copper
and tin than on any other cause.
Evening star., 1928-04-16
WOOL PRICES FIRM.

BOSTON. April i6 especially Prices
remained flrm ut the start Of the week
In the Boston wool market, but trading
was light. The interest displayed by
the manufacturers In fine domestic,
grades has created optimism In the
trade. Fine territory was quoted at
i.i6ai. ~. clean basis: French confhinr
NJ i.I0ai.I5. half blood at i.i2ai.iS.
three -eighths blood at i.05ai. 10 and
quarter blood at a5 TO 100 Fine Ohio
neeees were quoted at 4ea5i, grease
basis: half blood at 50as2. three
teighths blood AZ sia52 and quarter
blood at So.
Evening star., 1928-04-16
SALES VOLUME CROWS.

NEW YORK. April ii ~.
analysis Oh s.. III Kfeas NJ CO, ons of
tlAe four jarKeEs 8 and 10 cent cnsins
an the country, by Merrill. Lynch III o.
Efa0Wg tlaats although only otae additional
store Has 0pfBed tfOn 1917 W is21,
Eress virtually doubled both sales
gosuEae afl6 profits pef stare during
tlsst period Since 1871, So uew stores
have Been added but. despite heavy
egDefseiia incurred thereby, Sui3etanv
alaI increases haVe Dsen shown ia profits
caoselg paFaJIeitng tle growth In eaiss
Evening star., 1928-04-16
BONDS ARE CALLED.

NKW YORK. Apfti 10 fAJ.~~uBited
eaeaes Envelope 90 ha& called f0r psys
gn4at 0n 5saae ] 1850 al0e outstanding
CO. nsegieees ~ esEs ReRe4 ~ tlgA
Evening star., 1928-04-16

Property talus common stock S3ul.A5
EHfulnErs -
Y isas Il. ts. sG. leeG4a4 is1oa. VISA aas1i
No diFtfena# ever paid ON common,
Dividends paid oa prefefTod~~~@as1l s1l IN
lhal ard 81 has ts@en paid continuously
elHee. Entire issue owned hy Missouri Pa
cifle.
pMntne may leass road. guaranteeing per
cent stfl common,
Teaas Il Paei ne sells for Tlu tho value of
iis properties The average st0Ck un the eK-
change sells for Ia THURS The value oI tss
panprf ties. -
1eNas and Pacific sells for nearly 20 times
its anunaI earnings The average stock an
The exchange sells for IL VI times lie annual
earnings.
Consult your banAer or ttraksr EaF fur
thNF Information ne TO values back Oh this
atafR
serApboaA this for future reiefnnee,
Evening star., 1928-04-16

TlsGERSOI-R -RAfsD.-The financial
position of Ingersol-Rand was strength
ened last year with an increase Of is
holdings Of Government securities from
$6.547 600 10 Sa.070 GOO. and IN cash
from $3.50 600 10 s402O 600.
Evening star., 1928-04-16
0 Tar Rdmdabt
$7,5OO,OOO
MayAower Hot: Hotel Company
First Closed Mortgage Fee 2oYear Sinking Fund go Bonds
Fee 20-Year Sinking Fun
Tine AnrtIf Yoxa
Price 100 and interest

Due April /, lo4s

Aarh ,,laar Principal eAr
federal
Evening star., 1928-04-16
NEW YORK CURB MARKET
Received by Private Wtrs Direct to The Star once

Following is list of stocks and
bonds traded in on the New York Cura
Market today:
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1928-01-25
ArmOur's Universal
Oil Products Stock
Is Worth $50, 900, 900

Chicago. Jan. 25.-R)-The Her.
aid and Examiner today said that
stock Of the late J. Ogden Armour
IN the Universal Oil Products com.
Pany, regarded - worthless 81
bankers five years ago when TIE
Armours affairs werS being reor.
ganised, has added $50, OOO. 900 e
the wealth Of the packers widow.
Universal Oil Products was
financed : decade ago BY Mr..
Armour. For several years Il
showed no profits, but Ia 1925 the
company earned about $1,000. 600,
Brokers have estimated the i027
earnings ct about 5000, 900.
After the bankers' rejection Of
the Universal stock, Mr.. Armour
turned It over to Mrs. Armour. the
newspaper said.
Mrs. Armour referred inquirers
70 her son.in-law, John J. Mitchell,
U. He was asked il . value Of
$4,000, 600 was too high an esti-
mate Of the stock.
! don't think So" the newspaper
quoted him o saying, "but would
not attempt to value It. In my
judgment, It II almost priceless"
At the time Of Mr.. Armour's
death, which occurred last year in
London. the Armour fortune had
suffered heavy inroads, the result
Of adverse conditions following the
war; coupled, Il was explained, with
0ver.expanSion.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1928-01-25
Chevrolet Dealers
and Statesmen Meet
in Bismarck Today

More than 100 Chevrolet dealers
and statesmen from the western
part of North Dakota and eastern
Montana are in Bismarck today IT.
tendin retail salesmen's school
which is being held 1t the GRIND
Pacific hotel under the direction Of
the branch office Of the company
at Fargo. While here the euests
will also visit the offices and rar-
age Of the Capital Chevrolet COM
pany, which is the distributor Tor
this territory.
The school being held here is one
OF q series planned for the state
this week. for the purpose Of inn
proving the ability Of the sales
men to properly sell and demon.
strate the Chevrolet products. II.
cluded on the program are several
reels Of motion pictures, = two
minute show room demonstration,
the ride-in-a-C Chevrolet album. and
Fisher body demonstration.
4. F. Kinman, sales manager,
and A. B. Carlson, sales promotions
manager, both Of Fargo, are here
to conduct the classes. Similar
meetings have already been held e
Fargo, Minot and Grand Forks, ana
one is scheduled for Aberdeen, s,
D., for Friday.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1928-01-25

evening with a banquet at which
a prize winning essay on "Care and
Feeding Of Dairy Cows" will b read
by H. E. Killing Of Fargo, state
boys and girls club leader. At that
time the boy or girl who won the
contest will be announced. c. B.
Finley Of st. Paul, field representa-.
tive of the American Guernsey cat
tie club, will speak on Junior Calf
Club Work." at the banquet. Elec-
ton OF officers Of the state associa-
ton is scheduled late this afternoon.
The state meeting was called to
order at 10 a. M, by ]. r. Dice Of
the North Dakota agricultural COL
lege, vice president Of the oreaniza-
ton, after an address Of welcome
had been given by Secretary David
5. Owen Of the Association Of Com
merce.
Several factors were advanced BY
Mr.. Birmingham in discussing the
subject '.Tomorrow's Agriculture" to
substantiate his assertion that the
further outlook is bright.
There is an optimistic future be.
cause, although there has been .
rapid increase in population, there
has been a lessened agricultural
population" Mr.. Birmingham said.
There has been decline in the num-
Der Of acres Of cultivated land. Our
whole agriculture productive system
is being modernized; there have been
improved cropping methods, more
modern machinery and better hous.
ing facilities for our livestock"
Mr.. Birmingham congratulated
North Dakota on the progress that
has been made in dairying.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1928-01-25
so. ST. PAUL LIVESTOCK

South st. Paul, Jan. 25.-lP1-(U.
s. D. Of A.)-Cattle 200; slow, run
late in arriving; steers and yearl-
ings dull; steady to weak; % cents
lower compared with Thursdays
late close; top medium weights
14.25; bulk salablc 1O.5O@12.5O; she
stock unchanged, largely 100000
for cows and 8.00@l0.O0 for heif-
crs; cutters 5.25@6.25; bulls weak,
talking 6.25 for best medium grades,
S.75 for best beef offerings; stock
crs and feeders dull, tending lower.
Calves $500: steady, good lights
1850; choice 1900 and above.
Hogs $4,000; desirable light and
medium weights early mostly 100;
top 100; bidding 7.75@7.s5 on heav-
icr butchers; other classes steady;
light lights 7.25@7.75; packing sows
6.75@700; bulk pigs 100; average
cost Tuesday 7.91; weight 2l2.
Sheep 5000; nothing done early,
bids steady; sellers asking strong to
70 cents or more higher; holding
best lambs around 1885 or better.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1928-01-25
WHEAT PRICES WEAKEN
ON MILL CITY MARKET

Minneapolis, Jan. 25.--tP,--Wheat
took header late in today'S session
and prices dropped ! to lis cents
under yesterdays close. Weak
cables, slack export demand and
speculative dullness vsre weaken.
ing factors.
Oats weakened with corn. May
breaking q cent.
May rye sagged with wheat.
May barley was quiet and easy.
May flaxseed broke III cents on
Argentine weakness.
Cash wheat offerings were light
and demand was quiet to fair. Bulk
Of the offerings sold at unchanged
differences. but tho market was
easy in spots. Between IL and 1850
protein, the market vas easy tc one
cent lower.
Durun1 was steady for choice,
easy for medium to poor quality.
Corn was somewhat in better de-
nand and the basis was steady to
firm.
Oats were steady. Offerings
were skinny and demand was fair
Rye was firm VII fair to good
demand. No choice was the mar
ket.
Barley was quiet an. easy. Buy
ers generally were bidding one cent
less. Range was 1906.
Flaxseed offerings were larger
and the market was unsettled. De-
mand was fair.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1928-01-25
WHEAT VALUES
TAKE SETBACK
Market Influenced by De-
clines at Liverpool and
Weakness in Stocks

Chicago, Jan. Notwithstanding
Of . setback in wheat values result,
ed today from weakness of the New
York stock market and unexpected
declines Of wheat quotations at Liv.
crpool Corn declined with wheat
and on account Of favorable wealth.
er. Starting at N@N cent off
wheat later held near to the initial
range. Corn opened \ to y cent
at \: cent lower. and subsequently
declined little more. Oats were
easy. Provisions likewise tended
downward.
Aside from bearish effects OF
breaks in security prices in Wal
street, the wheat market showed it.
self sensitive to reports Of larger
shipments Of wheat from Argentina
and Of free cheaper Argentine Of
ferings at Liverpool, where quota
tons were already below parity with
Huenos Aires. On the other hand
complaints Of dry weather over do
mestic winter wheat sections per-
sisted, and it was reported officially
that = considerable amount Of wheat
IN the western third of Kansas has
failed to terminate.
Clear, cold weather in the corn
belt, suspicious for promoting the
movement Of the corn crop, gave a
material advantage today at times
to hears on the corn market. Mean
while, corn receipts here continued
liberal and also at Kansas City,
Omaha and st. Louis. Country Of
fcrings Of corn, however, were re-
ported in general as light.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1928-01-25
Mandan High School
to Have New Teacher

The Mandan board Of education
decided 1t the meeting Monday nieht
to add . teacher to the high school
faculty 1t the beginning Of the Sec
ond semester. Upon Investigation il
was revealed that the teachers are
almost Ill carrying the maximum,
amount Of work permitted under the
state and North Central association
standards. With 30 new pupils en-
tertn4 high school with the second
semester. an extra teacher was
needed.
In the last five years Mandan
high school enrolment has increased
over 36 per cent. In 1929 the
pupils in the upper six grades, later
organised into junior and senior hieh
school, totaled 366. This year these
same departments have increased 20
something over 500.