oc-plain-dealer 1924-12-05

RAILWAY STOCKS CONTINUE CLIMB NEW YORK, Dec. 5—There was a number of interesting developments in the stock market today. The railroad stocks, tho not as active as in the previous session, continued their progress to higher price levels, taking along a few stocks like Western Maryland second pld which have not heretofore participated in the advance. The copper stocks inaugurated what seemed to be their long heralded rally, stimulated by another boost in price of the red metal and reports of heavy buying for winter and spring needs. The high priced industrial leaders, which have been in the background for a few days, stepped into the limelight with both strength and activity, Pullman advancing eight points, General Electric four and American Can three. The urgency with which the railroad stocks were snapped up today showed that the demand for these shares has by no means been satisfied. The remarkable showing of the class one roads in October setting a new high record for net earnings since August, 1918, together with the heavy traffic record of November encouraged the belief that a number of roads which have been making good earnings might soon be placed among the dividend payers. With New York Central as the leader in the investment railroad stocks and Katy and Wabash in the non-dividend issues, the railroad stocks lost no time in moving up to new highs. Profit taking in this section of the list was heavy but failed to make much of an impression on the price list. Anaconda, Verro de Pasco led the activity in the coppers, in which activity increased as the session progressed. Numerous specialty stocks swung vigorously into high ground, the list including Coca Cola at $1, General Asso. Capitalizes His Misfortune Fred Simons, a sign painter in Louisville, Ky., capitalized misfortunes. He suffered almost every sort of injury, including fracture of the skull and partial paralysis of his limbs, when he hit 110 feet from a broken scaffold. He adopted a diagram of the incident as an advertisement for his business when he recovered敏ently to work. Philadelphia, good demand navels, lower lemons; lemons $4.40 to $4.65. Pittsburgh: better oranges, steady lemons; lemons $4.90 to $7.15. Cleveland: better oranges; oranges $4.85 to $6.60. BANK CLEARINGS San Francisco ..... $27,100,000 Seattle ..... 5,935,451 REALTOR'S HEAD SPEAKS TO LIE Both a written and an oral amination for realtor's will be required in California the enacting legislation is Everett A. White, president California Real Estate Assn. New York Central as the leader in the investment railroad stocks and Katy and Wabash in the non-dividend issues, the railroad stocks lost no time in moving up to new highs. Profit taking in this section of the list was heavy but failed to make much of an impression on the price list. Anaconda, Verro de Pasco led the activity in the coppers, in which activity increased as the session progressed. Numerous specialty stocks swung vigorously into high ground, the list including Coca Cola at $1, General Asphalt above 54, Philadelphia Co. at 53. U. S. Realty was pushed up to above 143 for a gain of five points on rumors that this company and the Du Pont interests would merge all their property, including downtown offices and uptown hotels. The stocks dropped ten points on further receipts that the Du Pont denied that any such merger was in contemplation. Mallinson Silk also dropped abruptly from 39½ to 34½ on heavy selling as traders attempted to take profits resulting from the recent run up of this stock. These declines inspired profit taking in other sections of the list and prices in highly speculative issues were irregular. Pan-American and Pure Oil were the strong spots in the oil stocks. Both the Standard and the Independent oils on the big board and elsewhere were reactionary. Money was in good supply at three per cent. METAL PRICES NEW YORK, Dec. 5.—Copper firm; all positions offered 13.90 @ 14.15; lead steady; all positions offered at 9.12%. Zinz steady, spot Dec. offered at 6.90 @ .00; Jan. and February 6.52 bid; antimony was quoted at 14½. NEW YORK CITRUS NEW YORK, Dec. 5.—Two cars Valencias, 13 cars navels and four cars lemons sold. Market lower on navels; steady on Valencias and unchanged on lemons. Navel averages ranged from $2.20 to $6.50. Valencias $3.05 to $6.55; lemons $2.90 to $4.75. FRUIT SALES (Calif. Fruit Exchange) Boston; easier navels, lower lemons; lemons $5.95 to $6.65. New York: dull and lower navels, unchanged Valencias, steady 300s, lower balance lemons; oranges $3.05 to $4.95. Philadelphia, good demand navels, lower lemons; lemons $4.40 to $4.65. Pittsburgh: better oranges, steady lemons; lemons $4.90 to $7.15. Cleveland: better oranges; oranges $4.85 to $6.60. BANK CLEARINGS San Francisco.....$27,100,000 Seattle.....5,935,451 Portland.....5,832,369 Oakland.....3,118,400 San Diego.....645,478 Los Angeles.....22,383,088 LOS ANGELES POTATOES LOS ANGELES, Dec. 5.—Potatoes: Stockton Burbanks $1.75 @ $2.00; few fancy$2.15; Idaho rusets $1.85 @ $2.10. LOS ANGELES CITRUS LOS ANGELES, Dec. 5.—Oranges: Northern special brands navels large sizes $4.25 @ $4.50; small $3.50 @ $4.00. Lemons: local special brands $6.25 @ $6.50; choice $5.75 @ $6.00. Grapefruit: Arizona seedless $4.75 @ $5.00; northern special brands $3.00 @ $3.25. GRAINS GENERALLY HIGHER CHICAGO, Dec. 5.—Grains were generally higher at the opening today. Wheat started %c lower to %c higher, buying meeting the dip and bringing a rally. Corn started unchanged to %c higher with limited trade. Oats started %c to %c higher with fair trade and commission houses buying on dips. Provisions started strong with prices moving upward. FOREIGN EXCHANGE NEW YORK, Dec. 5.—Great Britain demand 4.67%, cables 4.67%; France demand 5.45%, cables 5.46%; Belgium demand 4.94%, cables 4.95%; Switzerland demand 19.34%, cables 19.36%; Italy demand 4.33%, cables 4.33%; Sweden 26.91, cables 26.95%; Norway demand 14.92, cables 14.96; Denmark demand 17.62, cables 17.66; German marks 23.80; Greece demand 1.81%, cables 1.81%. The bristles of a new hair brush are set in a pad that can be detached from the back and sterilized. REALTOR'S HEART SPEAKS TO LIFE Both a written and an amination for realtor's will be required in California by Everett A. White, president of California Real Estate Association members of the Lions' club at their weekly luncheon. White explained clearly membership in the State or tion signified. He spoke optimistically on news conditions elsewhere.State.In No Calif.,part along the peninsula around Francisco bay, reality is more rapidly and at as good pace it had two or three years when the South was enjoy peak of its boom.Wide California banks were piled with money, he conti President B.H.Sidnam Anaheim Realty Board,s behalf of tomorrow's conference, to which he all of his hearers He point the benefits that would from the big meeting.Sidnam gave up most time, however, to President and his remarks were brief. PLAN WORLD TIME WASHINGTON, Dec. 5.-creating a $2,000,000,000 commerce corporation to expand American foreign was introduced in the sen day by Sen.Bruce,Demo Maryland.Under the terms of the organization of the corp would be charged to five L.Luce,Geo.F.Toby,S Redman,Geo.R.Wales and Fletcher. CLASH WITH CO CHICAGO, Dec. 5.-A clash between the court and enforcement attorneys over theance of a subpoena for the pearance of John J.Brennott,president of the Construction Co., marked session of the trial of Co.R Forbes, former Veteran reau head,and John W.son, St.Louis contract charges of bribery and co.to defraud the government. Dates 15c lb. FRED MARSH CASH GROCER EAST CENTER at CLAUDINA Sardine IN TOMATO 2 Big Cans ..... 25 Eggs NONE BETTER - the doz. 450 Cheese Fancy Full Cream the lb. 250 Crackers, 2½ lb. box 28c Pink Beans, 13 lbs. .$1.00 Sugar 10 lbs. 79c Pineapple, 25c sliced .19c Oysters, can ..... Cherries, big 40c can . Coffee, 3 lbs. quality $1 FRESH CREAMERY Butter 40 Compound 8 lb. can Best quality for $1.3 BREAD BIG LOAF - - for 10 THE SECRET OF ACHIEVEMENT The poet Campbell said that a man accustomed to work was equal to any achievement he resolved on, and that for himself, necessity, not inspiration, was the promoter of his muse. It has been repeated over and over that concentration is the secret of strength in politics, in war, in trade, in love, in short in all management of human affairs. When Newton was asked how he had been able to achieve his discoveries, he answered, "By always intending my mind." "I hope," a man once said to Rothschild, the great European banker, "your children are not too fond of money and business; I am sure you would not wish that," and elicited this reply: "I am sure I should wish that; I wish them to give mind, soul, heart and body to business—that is the way to be happy. "It requires a great deal of caution to make a great fortune, and when you have got it, it requires ten times as much wit to keep it. If I were to listen to all the proposals made to me, I should ruin myself very soon." "Enlarge not thy destiny," said the oracle; "endeavor not to do more than is given thee in charge." It seemed to Emerson that the one prudence in life is concentration; the one evil is dissipation; and it makes no difference whether our dissipations are coarse or fine: property and its cares, friend and a social habit, or politics, or music, or feasting. "Everything is good," he opined, "which takes away one plaything and delusion more and drives us home to add one stroke of faithful work." "Friends, books, pictures, lower duties, talents, flatteries, hopes—all are distractions which cause misfortune." RUMOR MARY MILES MINTER WILL WED NORFOLK, Va., Dec 5—If Mary Miles Minter, former film star, came to Norfolk to marry Lieut. Commander H. H. Rider, U.S.N. commander of the collier Jason, the secreter so far is theirs, as neither of them would discuss the matter today. Crowds stared at them when they appeared on the streets and the young naval officer seemed a trifle annoyed at the attention they attracted. Miss Minter has engaged a suite at a local hotel and it is said she expects to remain here several days. The Jason will sail next week to southern waters, after taking on a cargo of coal at the naval base. Miss Minter and a woman companion lunched aboard the Jason with Commander Rider upon his arrival and later they motored about the city. Since prior to her estrangement from her mother, more than a year ago, Mary Miles Minter has not appeared in pictures, her permanent retirement from the screen having been rumored at that time. EXODUS OF WORK FROM INDUSTRY HORRENELL, N.Y., The exodus of women from try is on. A survey showed her that with few exceptions men who were recruited the World War period men in shops and factories surrendered their posse employees of the sterner. In a few instances, how men have been retained formerly done by men, has been found that the more efficiently. Much of the work done women during the heavier work than deem suitable permanent for women, and women employees were odged efficient and cap were displaced by men men returned to the world from the firing L. In the case of occupation require skill rather than REALTOR'S HEAD SPEAKS TO LIONS Both a written and an oral examination for realtor's license will be required in California, if enacting legislation is passed, Berrett A. White, president of the California Real Estate Assn. told members of the Lions' club today their weekly luncheon. White explained clearly what membership in the State organization signified. He spoke optimistically of business conditions elsewhere in the state. In No. Calif., particularly along the peninsula around San Francisco bay, reality is moving as rapidly and at as good prices as had two or three years ago when the South was enjoying the mak of its boom. White declared California banks were well-supplied with money, he continued. President B. H. Sidnam of the Anaheim Realty Board, spoke in half of tomorrow's industrial conference, to which he invited all of his hearers. He pointed out the benefits that would accrue from the big meeting. Sidnam gave up most of his time, however, to President White and his remarks were brief. LAN WORLD TRADE WASHINGTON, Dec. 5.—A bill creating a $2,000,000,000 world commerce corporation to assist in expanding American foreign trade was introduced in the senate today by Sen. Bruce, Democrat of Maryland. Under the terms of the bill the organization would be charged to five men, B. Luce, Geo. F. Toby, Sam C. Fedman, Geo. R. Wales and B. S. Ketcher. CLASH WITH COURT CHICAGO, Dec. 5.—A sharp cash between the court and government attorneys over the issuance of a subpoena for the appearance of John J. Brennan, Detroit, president of the Pontiac construction Co., marked today's session of the trial of Col. Chas. Forbes, former Veterans Bureau head, and John W. Thompson, St. Louis contractor, on charges of bribery and conspiracy to defraud the government. It seemed to Emerson that the one prudence in life is concentration; the one evil is dissipation; and it makes no difference whether our dissipations are coarse or fine: property and its cares, friend and a social habit, or politics, or music, or feasting. "Everything is good," he opined, "which takes away one plaything and delusion more and drives us home to add one stroke of faithful work. "Friends, books, pictures, lower duties, talents, flatteries, hopes—all are distractions which cause oscillations in our giddy balloon, and make a good poise and a straight course impossible." "You must elect your work," he said; "you shall take what your brain can, and drop all the rest." Only so can that amount of vital force accumulate which can make the step from knowing to doing. No matter how much faculty of idle seeing a man has, the step from knowing to doing is rarely taken. "Ah," said a painter, thinking of these things. "If a man has failed, you will find he has dreamed instead of working. There is no way to success in our art (or any other, it can be said) but to take off your coat, grind paint, and work like a digger on the railroad, all day and every night." "We should give no play to the imagination here for imagination is not judgment—it only confuses up visions, inducing an unprofitable and often very painful mood." FILIPINO MUST PAY INCOME TAX TWICE MANILA, Dec. 5.—In spite of the fact that Pancho Villa world's flyweight boxing champion, is one of the national heroes in the Philippines, he must pay an income tax to his native islands, even tho he has already paid a tax elsewhere for the same income. Pancho says he does not mind paying a tax of this kind once, but that to pay it twice is not no good. He claims he already has squared himself income tax wise with Uncle Sam in the United States, but that now Philippine officials are after him for a duplication of that payment for the local treasury. The ruling, as interpreted today in Villa's case, is that no matter where a Philippine citizen may reside outside of the islands he must pay his income tax regularly into the Philippine treasury regardless of where the income is earned. If he is to keep in good standing at home. Incidentally, it was also learned today that Pancho's shoulder is now well and that next month, he will fight Soncio, the flyweight of the Orient. STEAL $50,000 GEMS CHICAGO, Dec. 5.—Three ban-dits hold up the jewelry store of Sardines IN TOMATO 2 Big Cans 25c STEAL $50,000 GEMS CHICAGO, Dec. 5. Three bandits hold up the jewelry store of Olsen and Ebann here today and escaped with loot estimated to be worth $50,000. The holdup took place a few minutes after the store had been opened for business, the bandits forcing the manager, Wm. P. Christensen to open the vaults containing the jewelry. Classes from German schools study history by visiting motion picture studios where historical scenes are accurately filmed. A Class Ad is best little salesman. Special Christmas Offer! $8.50 COMPLETE SET of ATTACHMENTS UNTIL XMAS The Gift She Will Appreciate Phone 6 for Demonstration SHOP EARLY The Good House EUREKA VACUUM CLEANER A.W.Anderson 151 W. CENTER, ANAHEIM EXODUS OF WOMEN FROM INDUSTRY HORRNELL, N. Y., Dec. 5.—The exodus of women from industry is on. A survey showed here today that with few exceptions the women who were recruited during the World War period to replace men in shops and factories have surrendered their positions to employees of the sterner sex. In a few instances, however, women have been retained in work formerly done by men, which it has been found that the women do more efficiently. Much of the work done by the women during the war was heavier work than employers deem suitable permanent employment for women, and, although women employees were acknowledged efficient and capable, they were displaced by men when the men returned to the industrial world from the firing line. In the case of occupations which require skill rather than brawn, however, the answer has been quite different. Where patience and dexterity of fingers are a factor, women workers have been admitted to be superior to men and are still employed in jobs which were closed to them prior to the war. NEW BANDIT RUSE LOS ANGELES, Dec. 5.—Toothache bandits operated here today. A pair of thugs ganed entrance to two drug stores in the early hours by pretending they were suffering with toothache and needed remedies. Inside the stores, cheers were threatened with guns while the cash registers were looted. HOLD WOMAN ON ROBBERY CHARGE LOS ANGELES, Dec. 5.—Marie Williams, 27, was held here today charged with being a member of a daring band of apartment house robbers. Stolen plunder was found in the girl's apartment, police said. A Class Ad is best little salesman. LIGHT CAR PUTS OUT BIG TRUCK W. C. Meadors, employee of the Arco-Co. operative Oil Co., corner of So. Olive and Santa Ana-sts., narrowly escaped serious injuries at 8 a.m. today when the oil truck he was driving was struck on the front wheel by a Chevrolet car driven by Royal Brandt Armstrong, 719 N. Lemon-st., and turned turtle at Clementine-st. and Broadway. Part of the oil was emptied from the overturned truck into another tank truck and the truck was raised to its wheels again by the city steam roller. C. H. Meadors, president of the company, expressed his thanks to the city for the co-operation. RENEW DEMANDS WASHINGTON, Dec. 5.—Railroad labor organizations renewed demands for immediate passage of the Howell-Harkley railroad labor bill at a meeting here today. r Entire Stock of ts and Dresses -E-D-U-C-E-D The Coats $19.00 The Dresses $14.50 The Coats $19.00 $26.00 $33.00 $46.00 And Higher The Dresses $14.50 $18.00 $23.00 $33.00 And Higher DINARY DISTRIBUTION OF HUNDREDS OF HIGH-GRADE GARMENTS FOR WOMEN AND MISSES for Sport and Dress Wear DRESSES Street, Afternoon or Evening enstein's - Anaheim Calif.