oc-plain-dealer 1924-11-07

PAGE SIX RUNAWAY STOCK MARKET TODAY NEW YORK, Nov. 7.—Railroad stocks were the leadem today in another vigorous movement of prices in the stock market, in the course of which a large number of both the dividend and the speculative railroad shares sold at the highest prices in their history. Prices surged forward as buying orders for railroad stocks crowded the market from all of the principal speculative centers, and industrial and specialty stocks were brushed aside in the scramble for the rails in which the volume of business was probably larger than in any other session this year. Speculative activity was confined in the early trading to the low-priced shares of railroads which are expected to benefit from the continuation of legislative policies favorable to their expansion and of high net earnings which now seem to be assured. After buying demand for the low priced rails appeared to be satisfied the market turned its attention to the investment dividend issues, the strength and activity of which also set a new price for the current year. Considering the breadth of the railroad market, the industrials were conspicuously inactive. A few of the independent oils sold at slightly higher prices in the first hour, but as a group they were completely sidetracked when interest in the rails was at its height. U. S. Steel led a spirited rally in the early trading, gaining a point at 110% and selling within a point of its 1924 high. American Can was inactive and reactionary. Stock sales today 2,400,500 shares; bonds $24,800,000. CHICAGO, Nov. 7.—Renewed confidence flooded the grain market today and this, with sharply higher cables, held prices up for a strong close. Wheat finished 1% U. S. HAS GREATEST PIPE The greatest oil pipe line system in the world lies under the U.S. 25,000 miles of tubes, at a cost of 40 per cent of the railway rates. ANNOUNCE WINNER IN TROPHY CONTEST Little Miss Glenmar Wardlaw won the first round in the elimination contest for the Norma Talmadge trophy, which will be given away at the California theatre on HUNT STILL LEADS PHOENIX, Ariz., Nov. 7.—With 45 small precincts missing, Gov. George W. P. Hunt, Dem., was more than 1,000 votes ahead today of Dwight Heard, Rep., in Arizona's exelting gubernatorial terrest in the rails was at its height. U. S. Steel led a spirited rally in the early trading, galging a point at 110% and selling within a point of its 1924 high. American Can was inactive and reactionary. Stock sales today 2,400,500 shares; bonds $24,800,000. CHICAGO, Nov. 7.—Renewed confidence flooded the grain market today and this, with sharply higher cables, held prices up for a strong close. Wheat finished 1½ to 3 cents higher, December showing the greatest gain. Corn finished 1¼ to 1½ higher. Oats finished % up. Provisions closed firm. LOS ANGELES CITRUS LOS ANGELES, Nov. 7.—Oranges: Southern special brands, large and medium sizes, $6.50 @ $7.25; 200s and smaller $5.75 @ $6.25; market pack $3.75 @ $4.50. Lemons: Special brands, $6.00 @ $6.25; choose $5.50 @ $5.75. Grapefruit: Local, special brands, $5.00 @ $5.25; market pack $3.75 @ $4.00; Arizona seedless $5.00 @ $5.50; Northern special brands $4.25 @ $4.50. FRUIT SALES (Calif. Fruit Exchange) Philadelphia: higher good demand oranges, lower good demand 360s small lemons; oranges $4.75 to $6.15, lemons $6.45. Pittsburgh: lower oranges: oranges $4.70 to $5.10. Cleveland: lower oranges and lemons; oranges $5.10 to $5.55, lemons $6 to $7.25. New York: strong Valencias and lemons; oranges $6.00 to $9.80, lemons $7.20 to $8. Boston: higher oranges and lemons; oranges $6.40 to $8.50, lemons $7.60 to $8.20. NEW YORK CITRUS NEW YORK, Nov. 7.—Fifteen cars Valencias and three cars lemons sold. Valencia market strong and higher. Lemon market strong, Valencias averages, $4.80 to $9.90, lemons $7.15 to $8.00. BANK CLEARINGS Seattle ... $8,071,632 Portland ... 7,045,610 Oakland ... 2,717,900 San Diego ... 794,029 Los Angeles ... 25,719,500 LOS ANGELES POTATOES LOS ANGELES, Nov. 7.—Potatoes: Stockton Burbanks $1.75 @ $2.00; few fancy $1.15; Idaho russets, $1.75 @ $2.00. LOS ANGELES PRODUCE LOS ANGELES, Nov. 7.—Butter 40. Eggs: extras 55; case count 48; pullets 44. Poultry: Hens 16; broilers 35; fryers 80. Horse: same. ANNOUNCE WINNER IN TROPHY CONTEST Little Miss Glenmar Wardlaw won the first round in the elimination contest for the Norma Talmadge trophy, which will be given away at the California theatre on the night of Dec. 3. Each week there will be one of these contests and the winner of that week will meet in the finals. At ladies' souvenir day several hundred boxes of nice chocolates were given away at both the afternoon and evening shows. Saturday is kiddies' balloon day and every child coming into the matinee Saturday afternoon will only pay the small sum of 5 cents and will receive a nice big balloon free. HUNT STILL LEADS PHOENIX, Ariz., Nov. 7—With 45 small precincts missing, Gov. George W. P. Hunt, Dem., was more than 1,000 votes ahead today of Dwight Heard, Rep., in Arizona's exciting gubernatorial race. With the count showing 37,158 for Hunt, and 36,044 for Heard, Hunt's election was believed assured. Heard has conceded Hunt's election. Miss Helen Schultz, aged 22, of Mason City, Ia., has built up a motor bus business representing an investment of $150,000 for vehicles, starting with one bus which she drove herself two years ago. Radin BANK $15,000 STOCK THE ENTIRE STOCK OF FURNITURE COST. IT MUST BE SOLD AT O LOS ANGELES POTATOES LOS ANGELES, Nov. 7.—Potatoes: Stockton Burbanks $1.75 @ $2.00; few fancy $1.15; Idaho russets, $1.75 @ $2.00. LOS ANGELES PRODUCE LOS ANGELES, Nov. 7.—Butter 40. Eggs: extras 55; case count 48; pullets 44. Poultry: Hans 16; broilers 35; fryers 80. Hares: same. FOREIGN EXCHANGE NEW YORK, Nov. —Great Britain demand 4.56%; cables 4.56%; France demand 5.24; cables 5.24%; Belgium demand 4.80; cables 4.80%; Switzerland demand 19.26; cables 19.28; Italy demand 4.23; cables 4.33%; Sweden demand 26.74; cables 26.78; Norway demand 14.45; cables 14.45; Denmark demand 17.46; cables 17.50; German marks 28.80; Greece demand and cables 1.77. COTTON OPENS STEADY NEW YORK, Nov. 7.—Cotton prices were steady at the opening of the market today with the first prices five to 12 points higher. Dec. opened at 22.92, up 12 points; Jan. at 23.02, up 5 points; March at 23.30 up 7 points and May at 23.46 up 6 points. MISSOURI ELECTS G.O.P.GOVERNOR ST. LOUIS, Nov. 7.—Sam A. Baker, Republican candidate for governor, has been elected by from 8,000 to 10,000 majority on the basis of nearly complete returns today. Only 52 precincts are out but the votes from these cannot materially alter the result. The entire Republican state ticket has been elected. NORTH DAKOTA GOES REPUBLICAN BISMARCK, Nov. 7.—North Dakota fell definitively into the Coolidge column today when tabulations from 1965 of the of the state's 2160 precincts gave Coalside, 90,903; La Follette, $2,666 and Davis, 15,503. OUT OF HOSPITAL THE PLAIN DEALER, ANAHEIM, CALIF. GREATEST PIPE LINE SYSTEM IN WORLD CHINESE "SHOULD WORRY" OVER WAR AN FRANCISCO, Nov. 7 Why is it that, in spite of her dreds of years of never-end turmoil, bloodshed and civil strife China, the land of forgotten factions and legendry myths, goes on over and ever? For centuries the world wondered how it has been possible for the great Oriental nation to keep up even a remblance of order and unity in view of the chronic state of confusion and military uprout that has prevailed before the days of Greece and Rome. According to some observers China and the Chinese, one explanation might be about as follows: In a so-called civilized country if a president is kicked out, any other political fireworks off, work would practically cease. But not so in China. When a dynasty is overthrown when an emperor is restored when a president runs away, or chased away; when Peking without a central government when a war lord tries to seize capital and even succeeds in curting it, there is no cessation work anywhere in China, even temporarily. The tradesmen, the artisans the laborers go about their business without interruption, and only excitement, if any, is imputed the handful of politicians congratulated in the teahops. For in China, so far, politics not the business of the work people. It is this happy state of infiance, combined with a feeble system of local government, saves China from general chaos. The prevailing system of government, which has existed through the ages in the cities and villages, renders a trivial government unnecessary except for the handling of foreign affairs. In times of civil war and unrest the great AT STILL LEADS MIX, Ariz., Nov. 7—With precinct missing, Gov. T. P. Hunt, Dem., was in 1,000 votes ahead to-wight Heard, Rep., in exciting gubernatorial count showing 37,158 and 36,044 for Heard, section was believed as has conceded Hunt's elecelen Schultz, aged 23, of Ky., Ia., has built up a mousiness representing an amount of $150,000 for vexing with one bus which he herself two years ago. WALKER LAW IS UPHELD BUFFALO, N. Y., Nov. 7—The Walker Law, aimed at the Ku Klux Klan by the state legislature, is constitutional, according to a decision handed down today by Supreme Court Justice Carl A. Pooley. The law requires filing of membership of secret societies with state officials. The question of legality of the Walker law was raised by Geo. C. Bryant, King kleagle of the Klan here, in a habeas corpus proceeding following his arrest for its violation. Plain Dealer Classified Ads produce results. AUCTION MARKET UP Out of 44 lots of oranges on the New York market yesterday, 36 sold at $6.10 to $9.70. Four lots sold at $9.05 to $9.70, five lots at $8.15 to $8.85, 12 lots at $7.00 and up and 13 lots $6.10 and up. Lemons touched $8.35. Orange prices on other markets while not so good averaged up well.$6.00 to $7.60 or so being very common. TRAIN IN FRESNO FRESNO, Nov. 7—The San Francisco Seals will train in Fresno next spring, according to a telegram received here today from Geo. Putnam, secy of that ball club. In times of civil war and dit outbreaks the great compewish in the Celestial comwealth "get it in the neck,course, as usual, but they go to their fields and their shop soon as the trouble is over, gratulating themselves that if not been worse. A "civilized" country such circumstances would stop revolution and be seething disorder in less than no time. In China the "man with hoe" accepts the suffering as in Furniture 108 NO. LOS ANGELES ST., ANAHEIM NKRUPT S 5,000 STOCK OF FURNITURE TO BE SO OF FURNITURE PURCHASED FROM THE LOS ANGELES WHOLESALE BO BE SOLD AT ONCE! GET YOUR SHARE NOW! furniturePrices SW FURNITURE PRICES HING RESERVED---Everything Must Be TO MOVE THIS FURNITURE—WE WANT TO SELL IT. CASH TALKS AT FOR US TO SELL ANYTHING ON TIME AT THIS SALE. YOU WILL BE S ERE. REMEMBER WE MOVE IN A FEW DAYS. Office Supplies! Sate. Cash Register Adding Machine Come early and See These Bargains! FRIDAY, NOVEMBER 7, 1924 ORGANIZATION TO ERECT MOTHERS' MEMORIAL ARCH BELIEVE MOTHER FLEES TO MEXICO LOS ANGELES, Nov. 7.—Mrs. Lois Pollan, wife of Olayton Pollan, Detroit and Pittsburg advertising man, who is accused by police of kidnapping June, six-year-old daughter of Mrs. Elsie Shosted, was believed today to have escaped with the child into Mexico. Mrs. Pollan, who is a sister of Mrs. Shosted, is the child's blood mother Mrs. Shosted having won June's custody after four court battles, three staged here and one in Duluth, Minn. According to Mrs. Shosted, she adopted June at birth in order to save the name of her sister, then not married. Later Mrs. Pollan demanded the child be returned her. She is charged with snatching the child from her foster mother's arms here two days ago and fleeing in an auto. BEARS CONFIDENT PORTLAND, Ore., Nov. 7.—Confident they can humble the Huskies at the stadium in Seattle Saturday, the Golden Bears of California worked out on Multnomah Field here today prior to taking the 1 o'clock Great Northern train this afternoon for Seattle. The bears arrived here last night. Andy Smith watched his entire squad of 29 men unlimber on the sawdust-covered Multnomah Field. The Bears showed plenty of zip despite the soaking rain which fell all morning. The Californians used to dry, fast field, were hopeful that the blustery weather now prevalent in the northwest would pass over in time to provide a good footing on the stadium field for the game. ENGAGE BILL TATE AS FIRPO PARTNER NEW YORK, Nov. 7.—Bill Tate, negro heavywelgh, who was in Luis Firpo's corner on the night of the Willis fight, has been re-engaged as the Wild Bull's sparring partner, it was announced today. Firpo is getting ready for a come-back on Wednesday next against Charley Weinert whom he in the tenshops, in China, so far, politics is the business of the working this happy state of indifce, combined with a feudal of local government, that China from general chaos, prevailing system of local entment, which has existed high the ages in the cities, and villages, renders a congovernment unnecessary exfor the handling of foreign times of civil war and banoutbreaks the great common in the Celestial comnity "get it in the neck," of as usual, but they go back their fields and their shops as as the trouble is over, conlating themselves that it has seen worse. "civilized" country under circumstances would start a tution and be seething with order in less than no time. China the "man with the accepts the suffering as part decides he has not done enough worshiping at the village shrine, and to make up for this neglect he merely bows and prays to his gods a little harder. That and, nothing else. And, finally, despite all the trials and tribulations of the past and the present, the trade figures for each successive year keep on going upward, and probably they will continue to go upward. Dall, listless China has done what the vibrant genius of Greece and Rome failed to do. China still is. WOMAN SENTENCED EDMONTON, Alta., Nov. 7—Sentence of ten years was imposed on Mrs. Koska Kominky today after a jury had brought in a verdict of manslaughter. Mrs. Kominsky was tried for the murder of her husband, Jos. Kominsky, with a heavy monkey wrench at Red Water last June, which she had confessed. ENGAGE BILL TATE AS FIRPO PARTNER NEW YORK, Nov. 7—Bill Tate, negro heavyweight, who was in Luis Firpo's corner on the night of the Willis fight, has been re-engaged as the Wild Bull's sparring partner, it was announced today. Firpo is getting ready for a come-back on Wednesday next against Charley Welpert, whom he knocked out in two rounds last year. CHURCH HIT BY LIGHTNING BOLT MONTREOL, Que., Nov. 7—A spectacular blaze enfolded the steeple of Knox Crescent Presbyterian church today after a boil of lightning hit it. The fire was quenched before great damage was done. ure Store! HEIM T SALE! DO BE SOLD AT ONCE WHOLESALE BOARD OF TRADE AT LESS THAN SMASHED! SMASHED! Must Be Sold by Tuesday CASH TALKS AT THIS SALE. YOU WILL BE SURPRIS ED TO FIND HOW FAR A LITTLE