Arizona republican. [volume], September 01, 1920, Section Two, Page PAGE EIGHT, Image 16

About Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930

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THE ARIZONA REPUBLICAN, WEDNESDAY MORNING, SEPTEMBER 1, 1920
PAGE EIGHT
(Section Two)
"SVf
mm
1 7VT I
CHICAOO, Axis. 31 rotators, weak;
receipts 92 cars. Jersey cobblers. $2.90
3. 03; Minnesota earlv OMos. $2.25fi
2.35; Idaho rurals,
KANSAS CATV. Aupr. 31 Butter,
eggs and poultry uncnangeu.
. KKW YORK, Aug. 31 The cleavage
between rails and industrials which
has been the conspicuous feature of re
rent sessions of the stock market, be
came more clearly defined today.
Transportation of almost every clans
manifested increased strength while
the balance of the list reflected further
heaviness.
Since the granting of increased
freight and passenger rates, commis
sion houses have ohserved a steady
growth of interest in railway share.---.
Much of this interest originated at
p.estern and southwestern sources and
derived additional stimulus from ex
cellent crop prospects.
Among traders and the professional
elerner, t there has been considerable
switching of accounts from industrials
to th rails. Outstanding features of
today's inquiry comprised the preferred
Iws of St. Louis and San Francisco,
. Southwestern. Chicago and Alton. St.
T'irjaltimore and Ohio, Kansas City
Southern. Western Maryland. Wheel
ing and Lake Krie and Seaboard Air
line, at gross advances of on to three
points. Representative rails were
featured by Union Pacific. Southeast
Pacific. Canadian Pacific. Reading.
Norfolk and Western, and Atlantic
Coast line at one to two point gains.
Popular steels and equipments were
relatively backward with oils, but the
secondary motors and their accessories,
also shippings and kindred specialties
were frequently the objects of bearish
pressure, contributing to the market's
irregular close. Sales were; 550.000
shares.
Call loans ruled at 8 to 9 per cent
against yesterday's amximum of 10 per
vnt. Foreign exchange was not alter
ed, aside from the firmness in London
a.nd Paris rates.
The upward movement in railroad
bonds continued with steadiness in
other domestic issues, also the foreign
eroup. Total sas. (par value), $3,
550,000. Old U. S. bonds unchanged.
LIBERTY BONDS
1 NEW YORK. Aug. 31 Liberty bonds
closed: ZY2s, $89.92; first 4s, $84.76
bid: second 4s. $84.40: first 4 Vis.
JS5.14; second. 4'is. $84.48: third 44s,
7.84; fourth 4'is. $84. S3; Victory 3?is,
SUo.44; Victory 4is. $93.44.
MERCANTILE PAPER
NEW TORK, Aug. 31 Prime mer
cantile paper, unchanged. Exchange,
steady; sterling demand, $3.55Vi;
cables. $3.56. Time loans strong, un
changed. Call money, strong; high, 9;
iow, S; ruling rate, 8; closing bid, 9;
Dffered at 9; last lean, 9.
GRAIN
CHICAGO. Aug. 31 Close:
Wheat Dec, $2.34Vi; March. $2.30'4
Sept., $1.40i; tec, $1.18.
634; Dee., 664.
$24.00; Oct., $24.93.
$18.40; Oct., $18.80.
$15.20; Oct., $15.65.
Corn-
uais- pe;n.
Pork Sept
Lard Sept
Bibs Sept.
PRODUCE
CHICAGO, Aug. 31 Butter, lower;
creamery. 43raa4. Eggs, higher; re
ceipts 11,991 cases. Firsts, 50!g51c;
ormnary firsts. 4bca4ic; at mark, cases
Included, 455743c; storage packed
firsts, 52tic; poultry, alive, higher;
fowls, 26ft'iS5c; springs. 33VjC.
COTTON
NEW YORK, Aug.
closed steady at a net
to 57 points.
o
31. Cotton
decline of 10
BAR SILVER
NEW YORK, Aug.
domestic unchanged:
Mexican dollars 70 1
o
31. Bar silver
foreign 92 3-4.
4.
COTTON FUTURES
NEW YORK. Aug. 31. Cotton fu
tures closed steady; October i.is.
December 25.48: January 24.93; .March
24.60; May 24.15.
o
LIVESTOCK
COTTON BUYERS
FORI EXCHANGE
II WALKER BLOC.
CHICAGO. Aug. 31. (U. S. Bureau
Markets) CATTLE Receipts. 15,000;
generally slow: choice steers and
yearlings steady: others dull, tending
lower; best yearlings early 17.25: bulk
good and fairly choice $15.2517;
grassv kinds mostly $9'al4.50; cows
$9.7512."5: canners $4ff4.75; bologna
bull $5.50'u6.75 steady. In-between
grade cows $ 6.75 (a 8.50; slow to lower.
Oood and choice vealers $16.2517.50:
25c higher. Good feeders strong stock-
trs steady; range cattle opening steady.
HOGS: Receipts. 24,000. Opening
mostly i 5 to 25c higher; new steady to
10c higher; early top $16.20; tmiu ngni
and butchers $15.35'??16; bulk packing
sows $14.10-0.14.40; pigs strong to
higher.
SHEE : Receipts, 30.000. Lambs
mostly 25c lower; top native $13.25; no
westerns sold early. Sheep steady to
lower; very good Montana weathers
$8.50; top native ewes $7.50; feeders
slow to lower; best feeding lambs
$12.7513.
o
P AMUSEMENTS
D
"The Wonder Man" Ends Today
Today marks the final showings of
the sensational Robertson-Cole super
feature de-luxe "The Wonder Man"
starring the world renowned Georges
Carpentier. There has been no picture
play in Phoenix for months that has
created the general impression as has
this premiere debut in shadowland of
the smiling French ace. "The Wonder
Man" is a society drama its plot is
woven about the diplomatic circle of
Washington society, and the noted
Frenchman appears as an agent of the
French secret service. Intrigue and
mystery combine with romance and
love lo make the production the gen
uinely appealing one it has proven to
be. while it is brilliantly lighted
throughout by incidents of real adven
ture and compelling action. .The prize
fight scene alone stands out as the
most realistic as well as the fastest
encounter ever introduced in a motion
picture, and never fails to give every
one in the audience a distinct thrill
as the star battles his way through
four rounds of exciting action. To
morrow starts the engagement of
Sessue Hayakawa in "Li Ting Lang.
while Sunday begins Cecil B. DeMille's
master picture "Why Change Your
Wife."
Cotton buyers in Fhoenix will soon
he grouped together in one building.
It was learned yesterday that, with
two or three exceptions, all cotton rep
resentatives in the city were planning
to occupy quarters in the new Walker
building at Third avenue and Wash
ington street, the first floor of which .-s
occupied by the J. C. Penny company's
local store.
Phoenix's "Cotton Row" will be in
the second floor of the building, which
is expected to be ready for use in about
two weeks. There ranchers from about
the valley will be able to see most of
the cotton buyers of the town without
even the trouble of going up or down
stairs. The move not only w.'ll give
the cotton men new and convenient
offices, but will prove handy for the
cotton grower.
Among cotton firms which are to
have offices in the second floor of the
new Walker building will be Howard
and Grigsby. George H. McFadden and
Pros., Stewart Bros., W. P. Grace, Jo
seph Taylor and others.
Two cotton buying concerns, how
ever, which will not be domiciled in
the Walker building are Cabell and
Peek and Edward M. Fowler and com
pany. The Fowler office, it was an
nounced yesterday, is to be moved from
15 South Fifth avenue to the gin at
Sixth and Buchanan streets. This
move is to be made with a view of
grouping the local FVsk Rubber com
pany representatives, as both the cot
ton buying firm and the gin represent
the Fisk interests in the vaMey. The
gin is to be operated under the name
of the Phoenix Ginning, company.
Realtors Tolvieet
, Thursday Night
The next meeting of the Maricopa
County real estate board will take
place this coming Thursday night at
the Y. M. C. A., at (1 o'clock. This is
the first of the fall meetings and a
large crowd Is expected to be in at
tendance.
Some of the questions of interest
which will be taken up will be a re
sume of the National Real Estate con
vention which was held at Kansas City
the fi'rst week in June, and certain
local conditions pertinent to realty
matters. E. C. Phejps, vice president
of the board, will give the five-minute
talk delivered before the rjj&l estate
convention at Kansas City.
Those planning to be at the meetin
whom the secretary has not reached
please call 16:; 1 and leave name not
later than Thursday morning, Septem
ber 2.
"No. 99" at the Columbia
J. Warren Kerrigan's latest Brunton
production. "No. 99." released by W.
W. Hodkinson and coming to the
Columbia today, is without doubt the
most colorful and entertaining comedy-
SOUTHSIDE NEWS
OFFICE SOUTHSIDE DEPARTMENT
16 South Macdonald Street; Phone 341; Mesa
TEMPE AGENCY
Laird & Dines Drug Stor
Phone 22
GILBERT AGENCY
Gilbert Pharmacy
Phone Mesa 1R2
CHANDLER AGENCY
Gardner &. Harmer Drug Store
Phone 21
GOODYEAR AGENCY
J. E. Flanagan Refreshment
Parlor
. rA ....... .......
1 TT "folri tfrT
WANTED AT' OMCE
Men and women who desire to participate in fortune, send $10
to me here in Fort Worth NOW, for the purpose of buying up and
investing in some potentially valuable oil leases and properties sci
entifically distributed throughout the various fields. I mean it; I
krfw where we can get in right on some real money makers which
I am convinced will make a fortune for us QUICK. My plan is half
the profits to you and half to me, and I put other money in along
with yours. I continue to look after your interests.
I guarantee you an honest effort to pay you big profits this year;
I also guarantee you an honest run for your money, a square deal
to all. All share alike. Your money cheerfully and promptly re
funded if you ask for It back after you receive certificate and full
details of plan. This requires quick action $10 may make you rich.
Try it out. Address with remittance
J. E. POPE, Trustee,
PETROLEUM INVESTMENT TRUST
12022 MAIN STREET
FORT WORTH, TEXAS
1
it, . inn-? gi.i.-;t'.:. .a
drama this engaging star has ever
produced. It is a fast moving story of
New York society life from the orig
inal magazine serial by Wyndham
Martyn, the eminent English author
who wrote "The Man Outside" and
"All The World To Nothing."
. 'No. 99" contains enough concen
trated action, suspense and original,
serio-comic twists for the making of
three successful pictures. Impelling,
bomb-shell situations follow close up
on each other with the dash and rapid
ity of telegraph poles flashing past a
train.
Settings that only Robert Brunton
could devise contribute much to the
general excellence of the new Kerri
gan production. Chief among them is
a banquet ball in a home of wealth,
where Kerrigan, as an escaped con
vict, enlists the aid of the beautiful
heroine and becomes a party to an
elaborate feast. Another scenic
feature is a home buiit under Mr.
Bruntons supervision near the Sier
ras, where the star and his company
waited three days for a snowfall in
order to give the exterior of the house
and the scene in general a wintry
aspect. To erect the houre 50 studio
workers journeyed from the Brunton
plant to the mountain top.
o-
Plant Fall garden row. Phoenix
Seed and Feed Co., 125 E. Jefferson St.
Adv. It
Classes of Bonds
Corporation
B
onas
"' Corporation Bonds are those issued by
corporate organizations. They are gener
ally classed as utilities or industrials. Two
important sub-classes of utility bonds are
known as transportation and hydro
electrics. The security back of a corporation
bond is usually a mortgage on all or a
specific part of the corporation's physical
properties. Ususually, a mortgage is ex
ecuted in favor of a Trustee who holds
the property as collateral for the loan.
Forfeiture of the property is the penalty
of default in the obligation.
Utilities are usually regulated by some
State body. For example, in California
the State Railroad Commission has juris
diction over such utilities as the hydro
electric companies.
Where the policies of the Commission
rr sound, as in California, Wisconsin,
and many other states, this regulation
strengthens the securities of these utili
ties and often makes them exceedingly
good investments.
Soundness is the primary consideration
in such securities. There must be abso
lute evidence that the corporation is ef
ficiently .managed, well-established,
-soundly financed, prosperous and will
continue so. The Company must be a
going concern as distinguished from pro
motional or construction enterprises.
The reputable Investment House spare
neither time nor money in securing the
best legal, engineering and accounting
advice in thoroughly testing every securi
ty before it recommends it to its clients.
There are always attractive utility and
industrial bonds available for your in
vestment. It does not obligate you in
the least to keep yourself informed about
new issues by corresponding with our
nearest office.
Our Correspondence Department is or
ganized to serve you. We regard it as
one of the most important departments of
our service.
TO MEET ON MERCK
MESA 0RG1HTB
MESA, Aug. 31 Plans for the merg
ing of the .Mesa cotton urowers as
sociation and the Mesa Farm Bureau
Federation into one, organisation are
now being discussed by Mesa farmers
and the plan will be takn up officially
it a joint meeting of the two organiza
tions to be held Saturday afternoon.
Fewer organizations and more con
centrated efforts, it is believed by those
interested in both organizations, will
accomplish more and to that end it
has been proposed to merge the two
bodies together under the farm bureau
head.
The Saturday meeting haa been
called jointly by D. I. Jones, presi
dent of the cotton association, and
Leonard Mets, president of the Farm
Bureau. The two bodies will meet to
gether on the city hall plar.a Satur
day afternoon at 2 o'clock and the con
solidation of the two organizations will
be accomplished at that time if the
plan is agreed upon.
New High School Teacher Hera
A. D. Miller, who Is to be in charge
of the industrial work at the Mesa high
school this term, arrived in the valley
early in the week from Miami, where
he was a member of the high school
faculty last term. Prof. Miller, next to
Superintendent Hendricks, who took
up his work early in August, is the
first of the high school instructors to
arrive in Mesa for the fall opening,
and within the next few days will take
ud his work at the school preparatory
to the commencement of recitations on
the 20th of the month.
Versluis Home From Old Country
Paul II. Versliua. Mesa rancher, re
turned Monday from a visit which
took him back to his native home in
Amsterdam. Holland, and over several
of the countries on the continent. Mr.
Yerslius left here early in May and
spent several months in Holland, from
which point he took side trips into
France and Belgium. Iteturning. he
spent several days in England and once
more back in the United States passed
several weeks in Chicago before re
turning to Arizona.
Would Buy Cotton
Three bales of cotton at any price
were wanted in Mesa Tuesday by a
buyer for an eastern house and had
there been any cotton here suitable
to what he wanted it is probable that
a price for this season would have
been established. Three bales have
been ginned here this season, but from
stub cotton which did not appeal to
the buyer. Lacking the cotton to
purchase, the buyer didn't state any
price he would pay beyond saying that
he would go the limit for the three
bales his comiany wanted for exhibi
tion in the east.
At the Majestic
"His Wife's Money" with Kugene
O'Briea in the title role will be pre
sented on the screen at the Majestic
Wednesday. A Paramount comedy,
"Before the Circus" and a Paramount
Magazine is also on the program.
M. E. Aid Meeting
The regular monthly business meet
ing of the Ladies' Aid society of the
Methodist Episcopal church will be
held in the church Thursday after
noon at 2:30. All members are urged
by the president to attend.
D. P. JONES FOR REPRESENTATIVE
Vote for Dan P. Jones, candidate for
representative from 7th district, includ
ing Mesa, Lehi, Alma, Scottsdale and
Sunnyside, subject to Democratic pri
maries. Sept. 7th.
His qualifications:
Resident of Maricopa county for 40
years.
Member of First State Legislature
for four sessions.
Was chairman of 'Committee on Edu
cation and all present school laws were
under his charge during their passage.
He sponsored the present special law
giving high schools $25 for vocational
work, out of state funds. Also spon
sored present district Irrigation law.
For six years was chairman of S. R.
V. W. IT. A. Council.
Superintndent of Suuthside Irriga
tion system for 5 'a years.
Qualified to look after irrigation and
educational laws and any other laws
that may be for the betterment of
ArVaona. Adv.
FOR SALE Overland truck. Inquire
Tempe National Bank. d
o -
TIM! TO SHOW
SS "FSTEST M
TEMPE, Aug. 31 No longer will T.
A. Valenzuela, the fattest man in Tem
pe and probably this part of the coun
try, toil and worry to make ends meet
hi his two table pool hall in East
Tempe. Recently "Fatty" took a va
cation on the coast and when he re
turned Monday brought with him a
contract which calls for his services
during the year 1921 to exhibit as "the
fattest man on earth," with B. H. Mc
Intyre in one of hi's side show attrac
tions at Long Beach.
"Fatty" is a native Tempean. Years
ago when he was employed in various
of the down town amusement halls he
tipped the scales at better than 500
pounds, and since then he has in
creased that record quite a bit. He
now forces the needle up to 645 pounds
or thereabouts, which is "summer
weight" and some 15 or 20 pounds
short of what it should be.
Some three years ago "Fatty" gave
up his local pursuits to go into the
movies with a Los Angeles company.
He joined the troupe but after a few
weeks gave up his work there because
his excessive weight wouldn't permit
him to get around fast enough for the
movies.
This time he has taken a job to his
own liking. Two hours of the after
noon and two of the evening he will be
on exhibition in the Long Beach side
show and the balance of the time he
will have things to himself. "Fatty"
expects to close out his interests in
his business in Tempe this fall and
Will move with his wife and children
to the coast to make that their future,
home after the first of the year.
P'urnished room for rent. Board if
desired. !49 Van Nesa Ave., Tempe.
Back From Long Beach
-S. S. Warner, Tempe real estate man
and Mrs. Warner returned Tuesday
morning from their summer's vacation
at Long Beach.
Home From Mountains
Frank E. Empey of the Lukin Cash
store and Mrs. Empev returned the
first of the week from an outing spent
during August motoring through the
White mountains and other points in
northern Arizona.
Paynes Return
Prof. I. D. Payne and warmly re
turned this week from Morgan Hill,
California, where the summer was
passed.
Back From L. A.
D. R. Van Petten and Mrs. Van Pet
ten returned to the valley Monday
night from their summer's vacation
spent at Los Angeles and neighboring
coast resorts. The trip home was made
by automobile.
Fifty Dollars for Speeding
Speeding on the highways near
Tempe arid appearing in the local
court costs pretty heavy. E. .T. Walker,
a Glendale resident, discovered one
day thL- week upon his appearance be
fore Judge Cnmmings. Walker was
arrested by County Motorcycle officer
IT. F. Watson on the Phoenix-Tempo
road and cited to appear in the local
court for excessive speeding. It was
Walker's second offense and in a no
uncertain way the judge punished him.
The fVne assessed against Walker waa
$50 and he paid it.
The Sugar Saver
among cereal fbods
brdDfrM
No added
sweetening needed.
loufl like the appeal
ing flavor cf this
sugar-saving food.
SOLD UT GROCERS
jEmzunvmzizi:
Bow
To
too.
The liberal Tesponse of my, friends and cus
tomers, as well as from many new people, so
quickly after the announcement of my return
with many great diamond bargains, prompts me
to express my appreciation to them.
The past three days' business have been rec
ord breakers and have only been exceeded by
the holiday buying of last year.
My customers thank me for savings of 35 to
50 and I thank them for their patronage.
Plant Fall garden
Seed and Feed Co., 125
Adv.
now. Phoenix
E. Jefferson St.
It
M. L. GIBBONS
MESA, ARIZ.
Phone 222
Funeral Director and Embalmer
Lady Attsidant
Mack
21.8IF
eiier
KING OF DIAMONDS
45 NORTH CENTRAL AVENUE
ST
RAND
LAST TIME TODAY
GEORGES
CARPENTIER
IN
THE WONDER MAN
TOMORROW
Sessue Hayakawa in
"li ting lang"
sBnday
"Why Change Your Wife"
TODAY ONLY
tomorrow
Robert Brunton
presents
fF J.WARREN
3V
and lis own company in
HOLLYWOOD
6404 Hollywood
Blvd.
PASADENA
614 Chamber of
Commerce Bldg.
SAN DIEGO
624 First Nat.
Bank Bldg.
SEATTLE
PORTLAND
NEW YORK
OAKLAND
can Francisco
Write today for "Elementary Principles of Safe Investment" (now
second edition) upon which this the eighth advertisement of a series
based. Your copy will be mailed propmptly.
yth, Witter & Co.
U. S- GOVERNMENT, MUNICIPAL AND CORPORATION BONDS
521 Trust & Savinas Eldc.
Sixth and Spring Streets Loe Angeles
in
is
A Smile is the Honest Ex
pression of the Mind and
Leaves a Lasting Impression
When a man or woman of culture and social
attainments is obliged, through disease or injury, to
resort to artificial teeth, everything depends, so far
as their comfort and appearance are concerned, upon
their dentist.
When teeth arc selected which harmonize with
the features and are scientifically fitted, the ap
pearance is maintained, meals are enjoyed and thor
oughly masticated and no one but a dentist can de
tect the substitution.
We specialize in the selection and fitting of
artificial teeth and guarantee the complete satisfac
tion of our work.
EXAMINATION FREE
By Wyndfiam Martyn
Directed by Ernest C Wards:
r:.TClBUTEO BY WW MODIUNSON COBB
BRAY'S
CARTOONS
MK1
BETTER DENTISTRY FOR
LESS MONEY
36 East Washington St.
Phone 3089
(1
ft
Win Will be gone
1 fv fV i'i
M fv ; -f re t A - ,! r 5 H 5 c PCS V
!p3 PATHE Added Features Today
p REVIEW LITERARY DIGEST NEWS
I COMING TOMORROW
fe U y xkd? Zibo U kL-a u t&sa Li CI t&?
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I AND
p CALICO WWEB79
! A Dynamic Drama of Domestic Differences
-
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arm ttmrba
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Where It's
Ivays Cool
Musical Numbers Rendered by the Columbia Thsater Orchestra.
FRED BARLOW, DIRECTOR
1
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