Evening Star Newspaper, July 12, 1924, Page 9

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“MEXICAN NIGHT” 1S WRC FEATURE Pan-American Union Spon- sors Program Designed to Promote Friendly Relations, A “Mexican right” program, fea- turing addresses by attaches of the Mexican embassy and Mexican music v the United States Army Band, will be broadcast tonight hy WRC. It will be the third of a series of pro- grams devoted to South American and Central American music and af fairs which “the Voice of the Capital” has transmitted this season. These programs are sponsored by the Pan- American Uni ans of pro- moting a better be- tween the United its Latin-American neighbors A half an hour's concert of Mex- jean music by the Army Band will open the “Mexican night” on the a The selections will embrace the mosw distinctive of Mexican compositions After the first groun of band number: Dr. L. S. Rowe, director general o the Pan-American Union will make the introductory remarks and intro- duce Senor Don Manuel Y De Negri, secretary of Mexican embassy. Senor De Ne will discuss the achievements Mexico and its progroessive ndship toward the United Stat Following his talk Leo Alvar ill give a violin re- cital { at_the piano by Rosita Ha This artist has en 1 heard at WRC. The | Army Band will then resume its pro- Zram Cha WRC will begin as one 1 understanding States and the lain Starts Features. its program at § nclock with a Bible talk by Chaplain Thomas L. Kirkpatrick of the United | States Navy, who will speak under the | Auspices of the Men's Organized | Bible Class Association. Frances Breckenridge Horton, contralto, will tollow with a group of classic selec- obert MeRlroy, professor of at Princeton, will give a son of the foreign policy the Republican and Demo partics tonight from WOR. features on the Newark station’s program is a recital by Fred- erick Moss, negro tenor. Dance Program. will broadcast as its sole traction tonight a program of dance music by Joseph A. Chickene and his Clover Club Orchestra of Albany N. Y. The concert will begin at 3:30 o'clock Returnins to an absence of Brothers' Dance an hour's concert this WEAF. Freda Willian prano. and Leo Palminteri, will supplement the program brief recitals WEAF's program tonight featured by a concert by the Man- hattan Ladies’ Quartet. The quartet posed of Irene Cumming, first bel Thorpe, second so- prano; (irace Duncan, first contralto, and Anna Winkoff, second contralto WGY the microphone after | .veral months, Bruno Orchestra will give flernoon from Iyric so- pianist, with will be Local Radio Entertainment Saturday, July 12, 1924. NAA—Naval Radio Station, Radio, Va. (435 Meters). p.m.—Live stock reports, p.m.—Weather bureau reports p.m.—Hay, feed and crop re- specials p.m.—Dairy market reports p.m.—W eather bureau reports. WCAP—Chesapeake Telephone Company silent. and _ Potomac (469 Meters). WRC—Radio Corporation of America (449 Meters). 5:15 p.m.—Instruction tional code. & p.m.—Children’s hour, by Albion. 6:20 p.m.—Base ball scores. S p.m.—Bible talk by Chaplain Thomas L. Kirkpatrick of the United States Nav 8:15 p.m.—Song recital by Breckenridge Horton, contralto; Belt Ozabal at the piano. Mexican Night. 8:30 p.m.—Concert program of Mex- iean music by the United States Army Band, Capt. Raymond G.. Sherman, commanding: W. J. Stannard, band leader: (a) March, “Zacatecas” (Codina): (b) Mexican dance, “Maria” (Davilla); _(c) =cornet duet, “La Golondrina™ (Serradell), performed by Master Sergt. J. Dufresne and Tec nical Serzt. H. Phillips); (d) valse de concert, Sombre Las Olas” (Rosas); (e) tone poem, “Preludio Sinfonico” (Carrasco) 9 p.m.—Introductory remarks by Dr. L. S. Rowe, director general of the Pan-American Union. | 9:05 p.m.—A talk on Mexico by Senor Don Manuel Y. De Negri, sec- retary of the Mexican embas: 9:20 p.m.—Violin solos by Leo Al-| varado _of the Mexican embassy Rosita Manzanera at the piano 9:30 p.m.—Concert program of Mex- ican music by the United States Army Band, Capt. Raymond G. Sherman commanding; W. J. Stannard, band leader: () habanera, ‘“Mexican Kisses” (Roberts); (g) six Mexican dances, (1) “Amor y Locura,” (2) “Acacia,” (3) “Los Ojos de Luz" (1) “Sonriso y Llanto, “Luna de Miel” (6) “Sensitiva” (Codina); (h) characteristic, “La Giralda” (Ca tro); (i) valse intermezzo, “Besos y Pesos” (Martinez): (j) march, “Al- varo Obregon” (Castadena): Mexican national anthem and “The Star Spangled Banner.” RADIO MUSIC POPULAR. Broadcasting Highly Approved by the Listeners-In. f Radlo broadcasting is making many of the musical numbers broadcast from the various radio stations throughout.the country very popular if the letters received by the direc- tors of KDKA may be taken as a criterion. Fans are constantly writ- ing in that they enjoved certain songs immensely and several leaders and conductors of orchestras request in- formation which will enable them to purchase the orchestration of spe- cial numbers. “Sleepy Hollow” is one of tho most recent numbers which have been re- ceived with universal approbation. SRt HYATTSVILLE P. 0. RAISED Increase of Business Gives Com- munity Second-Class Station. Specisl Dispatch t9 The Sta HYATTSVILLE, Md. July 12.—Ad- vancement of the Hyattsvilie post of- fice to second-class has been an- nounced. A marked increase in busi- ness is responsible for the change. The office’s gross annual receipts are about $8.000. Miss Mary W. Tise is postmaster. ‘Announcement is made of the dis- continuance of Brookland, D. C., route 7 and mall for the Chillum neighborhood that heretofore has gone to the Brookland, D. C# post of- fice before delivery is now going out from the Hyattsville post ofice on route 1. Cows Accidentally Poisoned. in interna- Peggy rances Marie 3:00—Schmeman's Concert Band ... Bruno Brothers’ Dance Oichestra Reading of Scriptures 15—George Jov. tenor .. 30—Victor Wilbur, baritone Musical program: : . Willlam J. Stewart d organ and_trumpets ..... her and market reports _ Rudy_Seiger's Orches 4:15—Leo Palminteri, pianist ... . 4:30—Freda Willlams, Iyric sopramo . Star's Radio Tgio . %1 uibriey 4:45—Leo Palminteri, pianist 5:00—Dinner music .. Base ball scores .. 001100 cather; dinner dance music Walnut and Alamo The Rase ball scores 5:30—Musical program ... Checker Tun Orchestra Organ recital ..... KDKA Little Symphony Lec Reisman and his ore reports 0:00—Redtime stories: roll call .. Rase ball scores diner e ‘marke: cert N Rnunciat Children's musical program s Kiddies® storles in Fr:n‘rh Waldort. Astoria Orchestra x Tiarile and b oresrs o Hitors of Hanabatt: Bedtime stories v“dh.‘ The kiddies' buddy Musical - progromm poris Hotel Tmbai) Tl o Helps 1o Teachers" Chimes concert e S Guy Hunter, blind entertainer 6.50—Market, weather and road reporis . 7:00—Tom Bracken. in “Songs” .... Comfort’s Philharmonic Orchestra e Klinepeter, soprano: Laurier ' Hotel Orchestra dance musie; sports ... nd Paul White address: violinist ¥ ories: Rase ball scores Joxka De Babary Piano selection, ~Israel Siekierk Jimmy Flynn, “The 15 7:20- . Emma Rurkhardt, 7:30—Instrumental solo Oriole Orehestra Hotel La le Orchestra 755 Seim Goncert Tand i Presse studio program Musical program it Gus Hunter. blind entertainer Frank Anderson, baritone ... T:45—Lallaby time ... “What the Waves T:30—Vessella's Concert re Saying' ... Rand violinist 8:00—KDKA Little Symphony_Orchestra Paul Laurent. pianist; Walter Musical program: St. Ann's Orchestra Request program ... ....... Sports: Cross Concert Company . Lampe's Trinaon Orchestra ... Chime concert: musical program .. Dinner concert il . News bulloting i 5:10—Emma Rurkhardt, contralto . R:25 Adrian Vanderhilf, concert planist News bul Syivian Tri William_Neibli Joseph A Chic 8:40—Mazhattan Ladies’ vocal soios bariton Quartet 9:00—William Deroin, tenor ... Special man's program . National bara dance night .. Roh Leman's Dance Orchesira . Talk: rending Ro, *"Band of Hohemian settioment Art Hickman's Concert Orchestra Week-end _revae .. Missouri Theater O} —“Exchan; Greece. chestra . 9: by A. . Adrian Vanderbilt, 9:30—Elsie Abren; Musicsl 0ld_Sea Manhattan Joseph (. 8 Vocal solos lliam Deroin, tenor ildren’s program 1 concert oncert pianist soprano . 7 recital . 3 Dogs incent Lopes and his orshestra Ludo Venice Clnb Orchestra Cats theater revoe 1" Bonawits ! and instrumental program frn prozram ; and instrumental program 10:15—Late Show ooooeieeen 11:00—Art Weidner and his arti Mixed program . Musical program . e Dance program and popular concert Regular program .. 0—Instrumental and vorsl 11:45—Synopsis of ‘“The Cx trio . solos: Oriol ered Wagon' 12:00—Freda Sanker’s Ragamuffing dolphus Hotel Orchestra aminer concert .. - igl thawk frolic” Chares tra; Plantation Players 12:45— 1:00—Voeal concert Dance 'program R s rt Hickman's Dance Orchestra . orge Olsen’s Orchestra 2:00-Ambassador Orchestra The Neutrodyme Circuit. The neutrodyne circuit is another circuit which is easy to understand, once the principles underlying the action of the circuit are understood. The circuit of a three-tube neutro- dyne set having two stages of radio frequency amplification and a de- tector is shown belo Audio fre- quency amplification, such as a two- stage frequency amplifier unit, can be added in the ordinary way. It has been left out of this circuit to sim- plify the explanation. Any standard type of tuning unit may be employed, but the usual tun- ing unit of most neutrodyne circuits consists of one of the neutroformer assemblies. ' This consists of two closely coupled coils, the primary being connected into the aerial cir- cuit and the secondary being con- nected into the grid circuit of the first radio frequency amplifier tube. A variable condenser is connected across the secondary coil. Since the coils are very closely coupled the condenser tunes both circuits at the same time. In the usual radio frequency cir- cuit_one end of the primary winding of the coupling transformer, is con- nected with the plate of the preced- ing tube, while the other end is con- nected, with the B battery. Wp may call the first terminal the beginning of the winding and the second the end of the winding. The terminal of the secondary winding corresponding to the first terminal of the primary (the beginning of the winding- is connected with the grid of the mext Special Dispatel to The Star. .BERKELEY SPRINGS, W. Va., July 12.—C. L Pentoney, & farmer of Mor- gan County, lost’ two cows, a steer and a heifer by feeding them nitrate tube; while the end of the winding is connected ‘with the filament circuit. The transformer “used in the neutro- dyne is a special large-sized airoors transformer with a few turns on the primary and a large number of turns on the » 50 that there is a d final market reports and ‘English . 7708 PM. uspices of New Work Times . 8:30—Vocal and instrumental solos; orchestra d " Arnold. e and_his orchestra . f Population’ Between Turke Jasquith ... 11'To 12 MIDNIGHT. 12 MIDNIGET TO 1 A.X. THE EVENING STAR., WASHINGTO! Long Range Radio Entertainment. SATURDAY, JULY 12, 1924. The Programs of the Following Distant Stations Are Scheduled for®Eastern Standard Time 5704 P Meters. Miles. 517 397 492 204 428 2442 360 204 360 B3 360 o9 517 .WWJ Detroit WEAF New York KPO San Francisco 204 2.3m 123 Philadelphia 207 L..WWJI Detroit 204 204 .WIZ _ New York New York 492 New Yorh 360 San Francisco 423 New York 492 New York 492 New York 433 Atlant; Kanes City New York 35 22288 3 New York Detroit Philadelphia Louisville Pittaburgh Springfield EHIR Pittaburen Springfleld Philadelphia Philadelphia Pittsburgh Springfield Clicago Portl'd Oreg. Montreal New York Montreal New York Springtield Pittsburgh New York Philadelph New York Philadelph; Bible guestions........ WBRR Rossv'e, N. CKCH Ottawa JIKGO _ Oakland, CaL 312 WOAW Omaba WTAS Eigin, Il KDKA Pittsburgh KYW Chi _WDAF Kansas City WEAF New York WHN New York Wiz New York WEAF New York WEBH Chicago WMAQ (h Montreal New York New York New York Chicago Philadelphia Philadeiphia v w York WEAF New York 509 455 492 KDKA Dittsburgn (.WBZ Springfield RYW Chicago WIS Chicago WHN New York WTAS Hlgin, 11} [WSAL Cineinna; lIWDAP Chicage” I <o KFL _ Los Angeles 489 <. WEAF New York WEAF New York 'PWX Havana 326 337 538 345 360 236 Tos Aneles ... WHAS Louisville tenor . WHN New York : [ WGY Schenectady WEAF New Yok fof 02 WEAF New York WHN New York WIS Chie Philage KYW Ohi ‘nlph)- WMAQ Chicago KHI " Los Angeles WSR Atlanta - K8D St. Louis 5 SWIZ New ¥ LIIWEAR New York LIWIZ - New York IWFAA Dalias SWMC Memphis IWEAP New' York CKAC Montrea! {WEBH Chicago {WEAF New York IKHI Lox Ange -KFI Los Angeles 92 360 345 509 598 10 TO 11 P.M. -WEAF New York Wiz | New York {WMAQ Chirago ~WIP ~ Philadelphia N New Sork avenport OAW Omana : LUKYW Chicago 530 2 -KPO San Prancisco 423 KFI Los Angel RUI Vox Angeles LI WDAP. Chieago (KGO ~ oa {WEBH Chi JIWSB Ath -WSAT Cincinnatt IWFAA Dallan LKFI i3 Los Angeles 409 -WDAF Kansas City 411 “KFI Los Angel . Ollll:d. Cal, . ngele KGW - Portl'd Oreg. 460 KFI Los Angele FIFTEEN MINUTES OF RADIO EACH DAY By JOSEPH CALCATERRA, Radio Editor of Popular Science Monthly Al Rights Reserved. Beproduction Prohibited Step-up ratio between the primar: and secondary winding, a condition not ordinarily possible in the usual forms of tuned frequency circuits. Tap Off Secondary. A tap is taken on the sec winding, as shown in the diagram > The important point to notice in the connection of the secondary winding of the transformer or neu- troformer, as it is called, is that the connections to grid and filament are reversed, as shown in the diagram. The action of the circuit is a very simple one. The tendency of the tube to 0 into oscillation . through the feeding back of energy from plate to grid circuits is eliminated by the neu- tralizing circuit, consisting of the condenser C and the portion of the secondary of the transformer in- cluded between the tap and the fila- ment connection. Current Flow Eliminated. - The tendency of a grid-plate cur- rent to flow Is eliminated in' the following manner: The current tend- ing .to flow from the point of high disturbing potential at the grid of the tube divides, part going through the grid-plate capacity of the tube; thence through the primary coil of the neutroformer and then through the B battery to the fllament circuit. The other portion goes through the neutralizing condenser C to.the tap on the secondary winding of the neutroformer and thence through the portion of the - secondary coil in- cluded between the tap and the fila- t connection ‘to the filament cir- cuit. 3 o ‘tholcarrsnte datar ab oppo- site ends of coils similarly wound, the original currents in the two cir- cuits and the currents which they “1':“7' in each other will be oppo- site in phase. ‘When the proper constants are used and adjustments are properly made | proper representation in the “foreign RADIO’S BEST OFFERINGS TONIGHT. » Dance music by the Clover Club Orchestra, WGY, Sche- nectady, 8:30 o'clock. Dance music by Bob Leman’s Orchestra, direct from the Steel Pier at Atlantic City, WIP, Philadelphia, 9 to 10 o'clock. Concert by Missouri Theater Orchestra, interspersed with specialities from the play- house, KSD, St. Louis, 9 o'clpck. National Barn Dance, WLS, Chicago, 9 to 12 o'clock. Program by Manhattan Ladies’ Quartet, WEAF, New York, 8:40 to 9 and to 9:45 o'clock. Dance music by Vincent Lopez and his orchestra direct from the roof garden of-the Hotel Pennsylvania, WEAF, New York, 10 to 11 o'clock. Freda Sanker's Ragamuffins, WSALI, Cincinnati, 12 o'clock. WNAC CLAIMS TO HAVE TOLD FIRST OF DAVIS Radio Station Said to Have An- nounced Nomination Five Min- utes Ahead of Others. BOSTON, July 12—Radio fans who were tuned in on WNAC were the first ones to hear the announcement, “over the air,” that John W. Davis of West Virginia had been nominated as the Democratic candidate for President. WNAC, during the 103d ballot, was broadcasting the Elks’ program from the Boston Common, and when the various delegations started switching their votes to J. W. Davis, John Shep- ard, 34, notified the operating room to cut’ the broadcast from the common and go back to the WTAT and WNAC broadcast from the convention. While he® was announcing this change to the listening-in audience, a flash came through on the tele- graphic order wire to the Shepard stores’ operating room that J. W. Davis had received the nomination. This word was passed along to Mr. Shepard and it was immedifitely an- nounced to the fans. Connection was then made with New York and in five minutes it wnuJ announced from the platform. It was peculiar, because at that time the convention was not being broadcast by WTAT and WNAC, that the radio audience was informed of the nomination before those listening- in on other stations who were on the air with the convention FIRST RADIO WORLD FAIR SCHEDULED IN NEW YORK ‘Will Be Held September 22-28, ‘With Latest Inventions Pro- posed as Feature. NEW YORK. July 12—The first radio world's fair to be held in Madi- son Square Garden and the 69th Regi- ment Armory, New York City, Septem- ber 23 to 28, is attracting the serlous attention of the lio geniuses of the world and scores of them are prepar- ing to introduce their latest inven- tions at the coming exposition. Managers U. J. Herrmann and James F. Kerr have been compelled to enlarge the “new inventions sec- tion” to a size which will allow the exhibition of 100 devices. Among the noteworthy American discoveries to be shown will be at least three differ- ent instruments desined for radio- casting photographs in motion. Europe also will be.well represented in this department Several conti- nental inventors will display new in- wventions of a most unusual char- acter. Half a dozen rec nized wireless engineers arc busily cngaged to perfect systems for radioing pic- tures, and Managers Herrmann and Kerr have high hopes of being able to broadcast the world's first pro- gram of “radio motion pictures” on the opening night of the exposition. Sixty nationally known manufac- turers of the United States will have de luxe exhibits at the big fajr and England, France, Belgium, ' Italy, Switzerland and Austria_will have section.” Women Vote Garment Strike. Special Dispatch to The Star. b BALTIMORE, July 12.—By unani. mous vote members of the Ladies' Garment Workers' Local have called a general strike in Baltimore. About 8,000 union emploves will be affected. Abolition of piecework, unemploy- ment insurance and the use of a sanitary label in union-made gar- ments are among the demands the cloakmakers will present to their em- ployers. ployers. Should negotiations fail the executive committee of the union will call the strike. Woman Fined in Liquor Case. Special Dispatch to The Star. HYATTSVILLE, Md., July 12— Pleading guilty to a charge of pos- session of liquor in excess of the quart a month allowed by the county law, Mary Lee, colored, of the Melrose avenue section was fined $200° and costs and sentenced to three months in the house of correction by Justice of the Peace Robert E. Joyce at Mount Rainier. She patd the fine and Judge Joyce suspended the jail sen- tence during good behavior. 60-Mile Bus Line Chartered. Special Dispatch to The Star. RICHMOND, Va.. July 12.—A char- ter has been granted to a company to operate a bus line between this city and Farmville, and the machines will be running within the next few days. The distance is some sixty miles and can be_covered in less than three hours. The line will handle freight and passengers. Klan Licensed in Virginia. Special Dispatch to The Star. » RICHMOND, Va., July 12—The Ku Klux Klan, Georgia division, is now entitled to operate in this state. The fees have been paid to the state cor- poration commission, and coples of the charter have been flled here. The Klan was fined here for doing busi- ness without a license, and on appeal to the courts the fine was upheld. POTATOES TURN WEAK. CHICAGO, July 12.—Potatoes trad- ing slow; market unsettled and very weak; receipts, 107 cars; 215 cars on track; total United States shipments, 1,028; sacked Irish cobblers, 1.60a1.70, and a few. very fancy, 1.75a1.80; poor stock selling down 1.25; sacked early Ohios, 1.50a1.60; barrel Virginia Irish cobblers, 3.75. CRUDE OIL REDUCED. NEW YORK, July 12.—The Sinclair Crude Oil Purchasing Company has cut midcontinent e ofl 25 cents, to $2 a barrel. — the current which each circuit will induce in the other circuit will be equal but opposite in phase to the original current and the two will neutralize each other. This neutralization, therefore, elim- inates the transfer of energy from the plate circuit to the grid circult through . the capacity between the 4 and plate elements of the tube and thereby eliminates the tendency of the tube to oscillate. - NEW MARKET PLAN TOAVOID SURPLUS Co-Operative Control Aims to Prevent Oversupply and Sharp Price Cuts. BY J. C. ROYLE. 8pecial Dispatch to The Star. NEW YORK, July 12—Now that the cash for the crops of the country, both grain and fruit, is beginning to flow back to the farms in constantly increasing streams, the effect of co- operative marketing and grower con- trol is becoming more and more ap- parent. 'Phose are the factors which are making headway toward taking care of surplus products. So great a menace has surplus of farm products become that the Sears, Roebuck Agri- cultural Foundation, in close touch with agricultural communities, pre- diéts a “back-to-town” movement to decrease producers and production and increase consumers. Modern facilities have so enhanced production, according to Wheeler McMillan, ‘midqwest agricultural ex- pert, that the average American farmer now proguces two and one- half times ag much as the European farmer. . Markets Overstocked. “The principal reason farming does not pay as well as we would like,”” he continued, “is that the American tarmer produces more of certain com- modities than the markets can ab- sorb at profitable prices. There no assurange as to when foreign countries will be able to pay for more | than they are buying now. ' America's best market is the domestic market I do not agree that the growth of Cittes is & menace. Unprofitable agriculture, long (‘pnunucd, ‘would e & greater menace.” ;bl‘ead‘erx in the co-operative move- ment in agrioulture assert that grower control is the remedy which Will obliterate the danger of sur- plus production. Ralph P. Merritt. bresident of the Sun Maid Raisin Growers: -Association, . declares that, through application of this co-opera- tive pringple, the liubilities of his organizaton hud been reduced from $18,000,000 in January. 1923, to les: than $4,500,000 today, and that, while the largest annual sales ever made previously by the organization were 140,000 tons, raisins now were move ing into consumption at the rate of 210,000 tons a year, with the re- mainder of production going into converted products. irower Controls Vital Factor. “The philosophy of dising. he said, ‘hus been founded on the fact that the ralsin associa- ticn has for distribution to consum- ers only what they will take, and that the balance of the erop must be converted to other uges.” An_ interesting and successful ex- periment in co-operative marketing is now in progress on the little kwown Door County Peninsula of Wisconsin, considered until a few yeurs BgO as a complete waste. Four hundred fruit growers are now pick- ing a cherry crop of 500,000 cases, of an es growers have built up a unified mar- keting system that assures members the sale of their products. Big Surpius Cherry Crop. The present crop is large and prices are not expected to be up to the Average for fresh fruit, but the or- ganization is prepared to can the surplps and avoid glutting the mar- Ket. hecording to J. W. Ullsperger, manager of the concern. About one- fourth the fresh fruit will be mar- keted in Wisconsin, Minnesota, North and South Dakota, Iowa, Kansas, Missouri, Illinois, Indiana and Ohio after being pre-cooled in the gTow- ers’ own plant. The surplus will be canned, 25 per cent fed to the spot market and the remainder sold as con- ditions warrant. The fruit is being picked largely | by city boys sent to the peninsula through arrangement with the Mil- waukee ¥. M. C. A. The youngsters are housed in good camps under care- ful supervision and gain an outing in the country as well as wages. The | canning of surplus fruit also is being extensively practiced by the Georgia Peach Growers' Association. Grape Shipments Start. The heavy fruit shipping season is now under way in California and be- fore October it is estimated that be- tween 77,000 and 80,000 carloads will be moved. Adequate transportation facilities are regarded as certain in view of the additional refrigerator cars added o the cquipment of the Southern Pacific, Western Pacific and A., T. and S. F. roads in the last year. Grapes will form a large part of the eastbound shipments, as the crop this year will equal or exceed that of 23. 1%fire than hait the California rice crop, which is expected this year to oxceed 2,500,000 sacks and which is handled iargely through co-operative organizations, is reported to have been contracted for by Japan. A — TREASURY SAVINGS “ACTION IS PRAISED New York Bankers Consider Su- pervision of Sales on July 15 as Wise Move. By the Associated Pres: NEW YORK, July 12.—The financial district has taken a favorable atti- tude toward the Treasury Depart- ment's suspension of all sales of Treasurf saving ocertificates effec- tive July 15, on the ground that the 4% per cent interest rate too high_in face of the low money market. The Treasury 4% per cent bonds of 1947-1952, longest maturity of the war loan group, and a stand- ard of determination for other lib- erty issues, have been selling for more than a month to vield less than 4 per cent. It was recalled the same policy was adopted in the northwest last spring When bankers in the region attribut- ed their difficulties to sales of the certificates. Bankers here expect pre- vailing mohey rates ranging from 2 per cent for call loans to 3 per cent or thereabouts on longer term loans Will continue for a month or more. —_————— DUN’S TRADE REVIEW. Wholesale Prices Show More Re- ductions Than Increases. NEW YORK, July 12—Dun’s Re- view today says: ‘Nofll(ngy(l\ t‘g week's reports indi- cates any fundamental change in gen- eral business, but none is to be ex- pected at this period. It is normally the time of year for abatement of op- erations, exceot in the sale of summer specialties and the further Slowing down in_most directions is a seasonal trend. Some revival of buying interest in certain textile divisions is an en- couraging phase, and the packer hide ‘market is more active and firmer, but the main condition is still one of lm- ited demand and lower prices. The prospect of smaller grain crops this year has caused appreciably high- er prices for the principal cereals, yet Dun’s list of wholesale quotations, fer ihe ninetéenth consecutive _week, shows more reductions than increases. The excess of declines is, however, much narrower than in the recent past, and there is evidence that prices in mhm qu:fm- ::v.tr&usm t.hl: point ‘where sellers are not disposed to make additional concessions. ! is is | our merchan- | imated value of $1.000.000. The | BY WILLIAM P. HEFFERNAN, NEW YORK, July 12—The curb market gave a good account of itself in today’'s short session despite offer- ings that came upon the market for the' purpose of evening accounts for over the week end. , Buying which has been noticeable during the past few days in Durant Motors was more pronounced and the price was-bld up over two points. It is known that people interested in this stock have been in the market on the buying side for other issues recently, and it was expected that they would eventually give more at- tention to'their specialty. Sales of Flint cars, one of the Durant prod- NEW _YORK July 12.—Following is an official list of bonds and stocks traded in on the New York Curb Market today: Sules in BONDE. thousands. . Ldw. Allied Packers 6s.. 6 Allied Packers s Am Gas & Elec Gs Auaconda Gs ... Hetl Steel Ts Can Nat Ry Eq Con Gas Bal 6% Cons “Textiles &5 2 CP B M6 A wi 01 Detrolt Edison 6v 11 Close. r 5% 5%y 1035 103% 110 D 108 . 1015 Sig Oil 7a.. 105% Pet 65 0 99 6 Guit Ol ‘Corp 55, 95 3 Intern Mat 614 wi 95 2 Libby, McN & L Ts 0% 9 Nor St P M 6k C 100% 6 Park & Tilford 6s.. 933 22 Penn Pow & Lt 5s.. 027 4 Pub Serv of N'J 7x 107% Vacwum Oil 7s. ... 107 6 Webs Mills 638" wi 1085 Sales STANDARD OIL ISSUES. i units 60 Gal Sig 0il 100 Tmp OI1 of Can 10 Indlana P L ... 200 Interl Pet Co Lid 1 20 XY Transit . - Prairie 01l & Gas. 50 80 Vacuum 01l Sales INDEPENDENT OIL STOOKS. in hundreds. 10 Carib’ Synd . 1 Cities Service 34 Creole Synd 53 Lago Pety.. ... 120 Liviogston *0il Corp . 1 6% i% % 13615 iy BY STUART P. WEST. Special Dispatch to The Star. SW YORK, July 12.—The notable occurrences of the week have not been in the security markets, or in the foreign exchanges, or in cotton, |or in the happenings at manufactur- ing centers. They have been in the | grain markets and especially in corn. It is not usually good economics to regard a rise in a commodity as a favorable thing, which is based prin- cipally upon accidents of weather, I bringing about shortage in supplies. | But the trouble in, the Unitea States, |for the last two years having been excessive production of wheat, and on this account too large a raising of grain crops as a whole, cutting down of output for whatever cause has been in the interests of the farmers. Cash Corn Higher Than in Years. “The wheat growers reduced their acreage voluntarily under much urg- ing from the community outside. Corn growers did not decrease their planting, but the bad weather of the late spring and early summer cut the indicated yield by 500,000.000 bushels 4s compared with the average of late Years. In addition, there is an um- lsually small carry-over and there is the fact, not always appreciated, that uises for corn, whether directly or in- directly in the form of corn-fed ani- mals, are increasing all the Utme With the increase in world popula- tion. These are the reasons back of the recent extraordinary advance in prices. The July corn option has Tisen since the last week of May nearly 30 cents in the bushel. Cash corn i¢ selling higher than at any time since commodity “values were still in their period of post-war in- ation. “Farm Situation Greatly Improved. The July wheat option since the first of June has advanced 10 cents a bushel, and this in spite of the fact that wheat crop prospects, as disclosed in the latest government re- port, are much more favorable than They were a month ago. The indi- cated wheat yield in this country is $5.000,000 bushels less than a year ago. For the world altogether it is 150,000,000 bushels less. These dif- ferences are too small to give any as- surance that the improvement in Wheat prices is to continue. ~But there has been some decided gain, and {his. taken along with the extraor- dinary rise in corn, the better out- look for the live stock industry and the high prices obtained for future contracts covering the new cotton crop, makes the whole farming posi- tion seem the most promising it has been at any stage this year—and, in- deed, for several years. Further Depression in Steel. The comparative indifference which steel securities showed to the month- Iy figures of unfilled tonnage on the books of the United States Steel Cor- poration was a striking incident. The fotal was brought down to the lowest since the very depressed period just after the outbreak of the war. This Was another case where trade news of an unfavorable character has found MARYLAND T0 FIGHT $9,500,000 BOND SALE Commission Also Holds Stock Issue Backed by Pennsy Is With- out Authority. Special Dispatch to The Star. P SALTIMORE, July 12.—The public service commission of Maryland, it is understood, is about ready to start injunction proceedings in the local courts to prevent the issuance of $3,580,000 stock and $9,500,000 bonds by the Northern Central railway without the approval of the com- mission. The Pennsylvania railromd, lessee of the Northern Central, holds that }the Maryland body has no authority over securities issues of carriers en- gaged In interstate commerce, while the commission takes the position that it has such authority over roads incorporated in Maryland. A leg: decision of the moot point is there: fore desired. 5 DIVIDENDS OPPOSED. MONTREAL, July 12.—One of the conditions of the $9,000,000 financing of the Detroit United Railways Is that no cash dividend is to be paid on the stock for the next five years unless the payment is approved by the pub- i utility commission of Michigan, liott G. Stevenson, president of the road, snnounced today. —_—_— Probably the greatest drawback to domestic is an inconveniently long memory. < NEW YORK CURB MARKET Received by Private Wire Rirect to The Star Office —_— Developments in Grain Trade Act Upon Nation’s Prosperity Rise in Price of Corn Held M:)re Vital Than Move in Stocks During Week—Turn in August Predicted. FINANCIAL ucts, have increased substantially, and this has been an added incentive for the buying of Durant shares. There was no let up in the demand for Dubiller Condenser and Radio. Well above 43, it was at a new high record for all time. The buying of the past few days has been in re- sponse to the report that the Auto Chain Control Company has placed large orders with Dubllier. ‘Ware Radlo sold close to 18, Hazel- tine above 22 and Rova above 9%. The reduction of 25 cents a barrel in crude oil quotations announced by the Sinclair Purchasing Compahy and further cuts in the refined product, passed unnoticed so far as the oil Stocks were concerned. Selling, which | is usually apparent at the week end, came into the market from time to time, but was well absorbed. 28 Livingston Pet ... 2% - 24 s Mutoal Oil vot cfs 10 9% 10 Penn Beaver Oil.. .39 .39 15 Red Bank Oil new 32 INDUSTRIALS. Allied Pack pew. . Am Cot Fabric pid Am I & Tract . Am Power & Lt Atlantic Fruit wi Campbell Soup pfd 110 Car Light ........ .63 Dubilier © & Radio 43% Durant Mot 20 Gillette S Tt Gen Mot new wi Huzeltine Corp w Heyden Chem . Hud & Mano R R.. 21% Leh V Cosl new wi 3478 Nat Tea Co ....... Z5% Radlo Comp ... 4 Radio Corp pfd ... 4% Rova_ Radio 9% G P onew v ¢ wi 24 Tean El Po 2d ptd. 84 United Bakeries .. 2% A wi 93 o B wi re Radio wi Western Knit Mills MINING. 3 8% 328 Harmill_Div Hawth Mines inc Independence Lead . Jib_Cons .. 6 Kay Copper Corp. Lobe Star ........ A Nev Hills ‘Mining. 37 Ohio Copper .. 1 Rek Mt Sm & Ref Spearhead Gold the market either prepared or confi- dent that it represented only a tem- porary state of things. One gets a constantly keener impression from current trade reports that the reac- tion beginning toward the cl of March was one of the sharpest in some lines which the country has ever known. August May See Turn. Yet the faet that there had been no excessive accumulation of goods on hand and that there was an extraordinary abundance of credit| made the situation quite different| from that of other peripds of indus- | trial decline. It made it certain that| the decline could not last long as| compared with other years like 1921, where serious weakness existed. Less adjustment was required even than that of a year ago. All that was| necessary was for production to be | Democratic STOCKS OVERLOOK CONVENTION NEWS and Other Tickets Will Affect Market Later in Campaign. By the Associated Press NEW YORK, July 12.—Profit taking and bear selling impeded the upward movement of stock prices this week Wwhich was featured by a series of bullish demongtrations in the public utility shares.’ Reactionary tenden- cles, which were not altogether uns expected after five weeks of almost steadily rising prices, did not resuit in any material recessions except in a few volatile Se- specialty issues. lection of a Democratic national ticket after the protracted deadlock failed to have any immediate in- fluence on either the volume or trad- ing or quoted values, although most observers agree that political con- siderations were likely to play an important part the summer and fall markets. Trade News Confusing. Trade news was of & mixed char- acter. A drop of 365584 tons in the June unfilled orders of the United States Steel Corporation was some- what smaller than was expected, re- sulting in a short-lived buying move- ment in the steel group. United States Steel common touched 101%, a new high on the current upswing, and then fell back below par. Freight car loadings increased in the last week in June, but some of the June earnings statements were regarded as disappointing. 1ol shares were subjected to varfed nfluences. A sharp drop in_crude ofl production for the week ended July 5 and a big increase in gasoline con- sumption in June were partly offset by further cuts in Mid-Continent and Gulf Coast crude prices. Wall street heard reports during the week of a gigantic oil merger involving sev- eral of the larger independent com- panies, but these lac con- s b lacked official con Money Rates Still Easy. Money rates continued relatively easy, with call funds getting back to 2 per cent, after a temporary stiffen- ing due 16 the hefyy July 1T interest and dividend readirements. Further improvement also was in the banking position with the reserve ratio of ‘the local federal reserve bank advancing from $1 per cent to 839 per cent. Sales of copper at 12% cents a pound, the lowest in two sars, were counteracted, at least in art, by the heavy shipments of sil- ver to India and the Far East at prices that would net the larger pro- ducers a good profit. ugar and motor shares were in- clined -to heaviness, but themicals and leathers took on a new lease of ife on reports of impr conditions. gechta Water Works Tumbles. American Water Works commoh continued its sensational climb by touching a record peak for all time in noted | % at 1151y, compared with a 1924 low of 40. " established last February. Considerable profit-taking developed. however. after the stock touched par, and it closed last night at 105. West Penn Power, a subsidiary, also re- corded a subltantial gain. Other strong spots in that group included the United Railways investment is- sues, Consolidated Gas, Columbia Gas.“Brooklyn Union Gas and Vire ginia Railway and Power. —_—— cut down sharply so as to meet the attitude of consumers, which was to buy only for barest needs. & | To all appearances this scaling| down of output has gonme about far enough. July is no test, for it is| normally a season of dullness and| waiting. But the business community will be much surprised if August does not bring a change, and financial opinion coincides with this view, as| demonstrated by the rise on the stock exchange. COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY | i | | | DETROIT, July 12.—Theze has been | a marked increase ir. the acreage of | sugar beets in this state this year | and good stands are reported from most djstricts. KANSAS CITY, Mo, July 12— Farmers are getting more for wheat this vear at all Kansas markets than | all last year. Wagon or truck load | wheat is §1 to §1.05 a bushel nl_,\tchl- son, as compared to 83 and §7 cents a year ago. Wichita he paid 95 cents, compared with 81 last year. BOSTON, July 12—Late purchases of wool at Menard and Brady, Tex.. by Boston interests totaled 180,000 pounds, and prices are reported to have ranged from 36 to 40 cents, well under the peak quotations of the sea- son. ST. PAUL, July 12.—The Minnesota Potato Growers' Exchange has bought a large warehouse at Moorehead, in the Red River Valley, where 50 per cent of the Minnesota potatoes are produced, for $175,000. Seventy-five warehouses also have been acquired in other towns, bringing the invest- ment of the exchange in such prop- erty to over $500,000. PITTSBURGH. July market is about unchanged, although concessions of around §4 a ton under the generally considered market of $3.05_on black, $4.30 on_ galvanized and $2.80 on blue annealed have been made Ly mills in_ the Youngstown | and West Virginia districts. BUTTER WEAKENS IN BIG MARKETS Supplies in Excess of Demand Cause Price Declines—Pro- duction Heavy. 12.—The sheet | By the Associated Press. CHICAGO, July 12.—Supplies in ex- cess of demands caused the butter market to weaken during the week, with price declines at all the princi- pal markets. Receipts were larger and the into-storage movement higher than for the previous week and the corresponding period last year. Production continued heavy, with weather conditions and pasturage favorable, although the peak was considered past. ' Information indi- cated July production would run slightly larger than the normal yearly increase. The into-storage movement was expected to continue to be heavy while production holds up. A1l forign markets were reported as quite firm and further imports in the near future improbable. During the week arrivals included 350 casks of Holland, 29 firkins of Irish, 200 casks of Danish and 225 boxes of Argentine. Closing wholesale prices, ninety. two score butter, and variations at the four principal markets follow: Chicago, % lower at 39; New York, 1% lower at 40%; Boston, 1 lower at 41; Philadelphia, % lower at 41%. —_— Fireflies or lightning bugs burn the same materials over and over again in the production of their lights. WALL STREET BRIEFS. Pound. Sterling’s Advance Is Ex- plained—Butler Store Move. \NEW YORK, July 12.—The recent j advance in the pound sterling which has maved un 4 cents since July 3 around $4.36. is attributed o withs drawals of deposits by British bank- ers who are findin <1 are reported to be sending part of their balances to London where rates are 1 per cent. or a fraction higher than the New York mark. n_connection with the rec - quisition of the 267 stores of P, Butler Company of Pittsburgh, it is, understood the United States Stores Corporation has rold to banking in- terests an issue of $2.000.000 7 per ent cumulative convertible preferred ock. Harry S. Kimball, former president” of the Emergency Fleet Coroporation, has been elected presi- | dent of the system 'NEW COFFEE Rfil}l NEW YORK, July —The con- umption of coffee in the United States for the vear ended June 30, 1924, es- tablished a new high record for all time, according to figures published vesterday. It also was estimated vesterday that the consumption of sugar in'the first half of 1924 was 3. Per cent greater than in the corre- spording period last year. EVERYMAN’S INVESTMENTS BY. GEORGE T. HUGHES FORTY-SECOND ARTICLE. Inheritance Taxex. The age-old estate or inheritance tax, which has been n use in various parts of the world off and on for the last twenty centuries, has recently come very much into vogue in the United ates All but two states, Alabama and Florida, now have in- heritance taxes. Thus we have along with the federal government estate tax forty-six different inheri G taxes. With certain exemptions :‘h::: forty-seven different tax laws apply to all forms of property left by u decedent, both real and personal, Really an Estate Tax. The federal government's so- inheritance tax Is an estate tax. 11 levies, after specified exemptions, sraduated tax on the entire estate of a decedent regardless of who gets It or how it is divided. In the forty-six states that levy death duties, or in. heritance taxes, the tax is against the person receiving property from a decedent. Thus it is a tax on the right to'receive property. In Rhode {ulan% it also is a tax on the right to ransfer, as well as to recelv = erlryh. 0 receive prop- The amount of the tav varies wide- 1y in different States. 1t is based o the degree of relationship between the decedent and the person receiv- ing the property and on the value of the property thus transferred. Thus the tax may run from nothing or as low as 1 per cent to as high as 40 per cent. according to the state assessing the ‘tax, the degree of relationship and the amount of the property. Scarcely any two states are alike in these requirements. Kansas grants exemption to widows of $75,000, but Pennsylvania gives no exemption to widows, minors or any one else. Differences in Twenty-six States) That is just one of many differ- ¢ ences among the twenty-six states® having such a tax. Hvery one who expects to leave even a little prop- erty to wife, children or other de- pendents or ' charity or educational institutions ought to look into the matter of Inheritance taxes. Sonte of these taxes overlap. A little care, however, can prevent multiple taxa- tion and loss to beneficiaries. Investment houses, banks and trust companies give free and dependable information and advice on iww in:- heritance taxes affect the &state of any particular individual. It is a, , wise precaution to consult.some such' authority before making a will. (Copyright, 1924, by Consolidated Press Asss-, e clation.)

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