davidaulloa/AmericanStories huggingface dataset:
Evening star., 1925-04-04
Decline in Grain Prices Sure
To affect AU Lines of Industry
Farmers Purchasing g Power Greatly Cut
Do,On-Money Lo,cer-Fresl Crisis
in Frnuce-StOcks Stronger.

dous overspeculation in stocks and
in grain during the Winter, brought
about by rich men who had made a
great deal Of money pushing their
operations altogether to excess. In
the last few weeks the customary
penalty has been exacted.
Reaction Seems at End.
AS things now appear, this reaction
has pretty we'll run it's coursa The
public. as usual, has been more or
less hurt, but not so much by this de-
cline in listed stocks as by the COL
lapse in recent promotions, chief Of
which are the shares of radio COM
panies. These radio promotions do
not make up a particularly agreeable
chapter to end into Wall Street his
tory.
1t is time that outsiders realized
the difference between a real dfstrf-
button of newly issued stocks into
the hands Of investors and a transac-
tion loudly advertized as a huge over
subscription, which only means that
the greater percentage are petty sub
scribers whose only motive is to turn
a quick profit.
French Troubles Inevitable.
The French financial troubles ought
to surprise nobody who has followed
the situation carefully during the
last two years and who has taken
note of the way in which official
promises, and assurances have failed
to square with the outcome. The
present French government got into
power because it opposed the 20 per
cent tax increase of the Poincare
ministry, which was absolutely neces-
sary to balance the budget Since
then 1t has been pretending that
everything was all right, that the
budget was actually balanced and
that there was no reason for alarm
over the constant imitation of paper
note issue.
Now 1t has had to face the facts Either
there must be new taxes or a capi-
tai levy. Such a big export Of
French capital has occurred that the
present legal volume of 1900, ,oo0,-
00e francs note circulation is not
sufficient for business needs. To pre-
tend that an increase in the pre-
scribed maximum, even although
covered by prime commercial paper,
does not constitute imitation is of a
piece with all the other misleading
statements about the French finan-
cial situation which have been made
IN thA-laSt "a month";
Evening star., 1925-04-04
BY STUART p. WEST.

Special Dispatch to The Star.
NEW YORK, April An the
financial situation Of the past week
there have been four particular points
of interest: First, the continued de-
cline in farm prices: second, the
easier tendency of money rates and
the consequent firming up of invest
ment values; third. the fresh crisis
which has arisen in French finances,
and fourth, the increasing resistance
which the New York stock market
has shown to disappointing news.
Wheat, corn and other grains have
now lost all and more than they
gained during the Winter. The grain
trade, in place of it's ideas of a short
age, is facing the probability that
supplies during the coming season
will be normal and that farmers have
no right to look ahead to big profits.
Effect Is Widespread.
This Is a very important change as
compared with three and four months
ago. 1t affects the prognosis of the
whole business situation, for the
idea that there is to be an unusual
buytnE power from the agricultural
regions, stimulating the general
volume of trade, must be abandoned.
The picture has to be drawn with re-
gard to wheat OH oV 10 90 ceHtS Il
bushel from the high points early in
the year, with corn off As cents, and
with other grains down correspond
ingly.
1t is not only to the markets for
foodstuffs that the change Is confined.
Prices elsewhere have been going
down, in iron and steel, in copper, in
rubber, in textiles, in cotton, in leath-
or and in refined sugar. Dun's index
number Of wholesale quotations for
April / shows a reduction of 81 per
cent from the seasons high and
brings the average back to the lowest
in 1--WE months. This is the sequel to
the predictions made after the cleo
tions in November and repeated in
December and January, that the coun-
try was facing a period of great trade
prosperity.
Prophets Go Astray.
The simple explanation for the de-
cline on the stock exchange lies in
the upset of these predictions Peo-
Pile in high places, not excluding off,
cial Washin gton, have not proved a
more trustworthy guide than people
In Ioxz> MIA 49,. NhArn- SSspapr,
Evening star., 1925-04-04
DAIRY PRODUCTS.

BALTIMORE, Md, April 4 Especially
Live poultry-Young chickens.
pound. 25a3S: leghorns, 25a32: Winter
chickens, 45a59; springers, 55aS0; old
hens. 25a32; leghorns, 26a26; old
roosters, 1S; young turkeys, 30a40;
old, 80: poor and crooked breasts, Is;
ducks, 23a3o: pigeons. pair, SO: guipee
fowl, each, 50a1.00. Dressed poultry
Turkeys, pound, 3oa4o: poor and
crooked breasts, rs; chickens, 30a40;
old roosters, IS; ducks, 2Sa32; capons,
33a45.
Eggs-Receipts, LOIS cases; native
and nearby firsts, dozen, %; duck
eggs, dozen, 4sa50; goose eggs, dozen,
85a1.00.
Butter-Good to fancy, pound. Asa
A.; prints. 47a4s; ladies, 2sa2s; store
packed, %: dairy prints, 23a2s; rolls,
23a28: process butter, 31a32.
Evening star., 1925-04-04
RAILROAD LIFTS
GRAIN EMBARGO
Heavy Shipments of Rye to
Russia End Congestion
in Baltimore.
Special Disps teh to The Star.

Special Dispatch to The Star
q. BALTIMORE, April 4.-Due to large
shipments of rye from Baltimore to
Russia, which 1t Is expected will be
completed before April 25, the West
ern Maryland Railway has lifted the
embargo on grain directed for stor-
age here, IL was announced.
The embargo on grain has been in
effect since last December, when the
elevators of the Western Maryland,
the Baltimore and Ohio and the Penn
sylvania were filled to capacity. The
latter two railroads said they did not
know when their embargoes would
be lifted.
The capacity OF the elevators here
is about 100000 bushels. or this
about 100000 bushels are of rye.
Practically all of this is expected to
be shipped to Russia. so that space
for additional shipments of grain to
this city Will be made.
The shipment will require 2S fun
cargo ships. Three of these now are
loading.
Evening star., 1925-04-04
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star Once

The radio stocks were mixed.
Hazeitine doing better than any of
them, as 1t held up above %. Glen
Alden Coal recovered part of it's loss.
Continental Baking "A" indicated
that special buying was going on in
it's case and the "B" stock was also
strong. a
Among the public utilities Tennes-
see Electric Power was the feature
and Commonwealth Power advanced
about a point The new sB. & o.
Western division per cent bonds,
which were offered by the syndicate
al 9S were dealt in on a when-issued
basis around that figure today.
Evening star., 1925-04-04
DELAWARE & HUDSON
TO DIVIDE PROPERTY
Railroad and Coal Business to Be
Separated if Stock
holders Agree.
By the Associated Press.

By the Associated Press.
NEW YORK, April 4.-Segregation
of the anthracite coal holdings of the
Delaware and Hudson Co. was pro.
posed today by the railroads board
of managers. Stockholders of tho
common at their annual meeting on
May IL will be asked to approve the
transfer of the coal properties to a
new corporation. all the stocks Of
which will be owned by the Delaware
and Hudson Co
The Delaware and Hudson Is one
of the few railroads which has been
allowed to retain possession OF its
coal holdings while other roads in
the East were forced to segregate
their properties. The exception, it is
understood, was based on the fact
that the company under its original
charter, granted in 1928, was not
organized as railroad, but as a
canal and coal company.
The road is primarily a coal car
rier and owns extensive properties in
the anthracite districts.
Evening star., 1925-04-04
BY WILLIAM r. HEFFERNAN.

NEW YORK, April 4.-There was
moderate display of strength on the
curb exchange in todays brief trad
ing. The oil stocks were again the
most prominent, fractional gains ac-
companying the better market for the
OILS on the big board. Standard OIL
or Indiana was bid up we'll across 63
as compared with the Friday final
Just below that figure. Standary Oil
or New York was higher, and Creole
Syndicate reached a new high on the
present movement at 12h 1t was
within short distance OF the 1925
top.
Evening star., 1925-04-04
$40, 900, 900 IN MARCH
FOR NEW EQUIPMENT

Orders for railway equipment for
the month. of March, according to
compd lations of the Railway Age.
have totaIed 106 locomotives. 4,679
freight cars and III passenger cars,
estimated to have a total value of
about $20,000,000. The orders In
March exceeded those OF February
this year, but were much less than
those Of March last year.
Evening star., 1925-04-04
EARNS S19 PER SHARE.

NEW YORK. April THE Bruns-
wick -Balke-Collender Co. earned
1897 share on the common stock
in 1924 after preferred dividends,
compared with S17.63 a share in 1928.
Net profits after expenses, interest.
Federal taxes and depreciation in
creased to S2,s01.723 from $2.513,s4s.
Profit and loss surplus was 33.S75,21s
after payment of a stock dividend OF
s6,1S7,o00, against $s.s3s,57S the year
before.
Evening star., 1925-04-04
FIRM REPORTS DEFICIT.

NEW YORK, April 4.-Surplus of
s22s8,O24 for 1924 in contrast to a
Deficit of s2,564.S66 in 1928 is reported
by the Atlantic Refining Co, which
incre sed its gross revenues to $124,-
2s3374 from s117,624,s31. Net profits
was s4,6ss,374, equal after preferred
dividens to $3.50 a share on the COM
mon stock, against ss35.634. or s417
a share on the preferred the year be-
fore.
Evening star., 1925-04-04
PIGGLY WIGGLY SOON
TO PAY DIVIDEND
By the Associated Press.

By the ted Press.
MIAMI, Fla, April 4.-That a SIS
dividend will be declared April is on
preferred stock Of the Piggy Wiggly
Corporation is the announcement
made by President e. d. Smith of
Memphis, Tenn, here This amount
has accrued as of April /, without in
terfering with the agreement entered
into with creditors for the repayment
of previous indebtedness, he said. Mr..
Smith said that there arc now 1850
Plggly Wiggly stores in operation.
Evening star., 1925-04-04
FUEL SAVINGS TOTAL
$4,000, 900 A MONTH

The savings to class 1 railroads on
locomotive fuel coal last January over
the cost during the preceding January
amounted to nearly $4,000 900, accord
ing to the bureau of coal economies
of the National Coal Association.
These savings in the course of year
would amount to $50, 900. 900.
Evening star., 1925-04-04
THINK OUTLOOK GOOD.

NEW YORK, April &C. H. Mark
ham, president of the Illinois Cen
traI, expects the railroads in the Mid
die. West to carry at least as much
business in 1925 as the year before.
The railroad outlook is not dark
ened by lower carloadings," he said.
TT is better to have slight nunctua-
tions from time to time than to have
period of climbing totals and then
long periods of decreased holdings"
Evening star., 1925-04-04
OIL PRICES REDUCED.

FINDLAY, Ohio, April "A drop
of 10 cents a barrel on Lodi, Cleve-
land and Wooster grades of crude oil
is reported by the Ohio Oil Co. A cut
OF Is cents a barrel for Corning
crude was reported yesterday. Corn
ing is now quoted at $2.10, Lodi at
$215, Cleveland at s2.25 and Wooster
at $2.15 per barrel.
Evening star., 1925-04-04
GRANT SALES INCREASE.

NEW YORK. April 4.-Sales Of the
W. T.. Grant Co. for 1924 aggregated
$25,s16,3s4, an increase Of 227 per
cent over 1928. Profit before depre-
cis1ion, Federal taxes and bonuses
r sptsd 10 2.1QQS21..
Evening star., 1925-04-04

One of ths oldest of European
superstitions is that animals as
sumo the power Of speech at Christ
mas time
Evening star., 1925-04-04
DIVIDENDS.
Query the PrsmSteF.

Determine how much of his own
money the promoter is putting into
his scheme before you decide to risk
yours. Don't take his word for it
make him prove 1t.
Evening star., 1925-04-04

NEW YORK, April 4.-FolIowing
is n official list of bonds and stocks
traded in on the New York Curb
Market today.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-11-04

and each one Of them deplored the
fact that the party membership as
whole both ignored the membership
meeting and pays in sufficient atten-
ton to trade union work.
Hall Belong to Unions.
A registration was taken, and it
was discovered that of the 45 com
lrades present only 20 belong to labor
unions, while at least 10 can join.
The district executive committee has
made a decision that the comrades
must join a labor union within two
months. The comrades present not
belonging to unions will be instructed
to. join. A beginning must be made
to break down the Indifference and
lethargy of party members in regard
to trade union work. More meetings
OF the kind will be he'd, till the party
membership at last recognizes the i'm
portance of this "the foremost task
of the American party" as the Comm
tern pronounced it.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-11-04
Baltimore Workers
Busy at Campaign
for Soviet Defense
BY PHILIP cHATzKY,
worker CorresnondentN

!. BALTIMORE, Nd, Nov. 2.-The ma.
tion-wide campaign for the defense
of Soviet Russia, ending Tuesday,
Nov. 10, in a mass celebration of the
Russian revolutions eighth anniver-
sary, is meeting with a big response
from workers here. Our city has been
divided into industrial sections, where
thousands of leaflets, Defend Soviet
Russia" are being distributed. Work
mems circle branches and fraternal
organizations are active in the work.
Rose Pastor Stokes of New York,
will be the principal speaker at the
Tuesday mass meeting at the Birth
Sholom Hall, 1912 East Baltimore
street. There will also be speakers
in Russian and other languages.
Grigori Matusevich of New York,
famous concertino player, and Brick
mans orchestra are on the program
for English and Russian music. Ad-
mission is fifty cents, with all pro-
ceeds going to The DAILY WORKER
rescue fund.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-11-04
Russian Inventor
Produces New Type
of High-Power Motor

MOSCOW - (Tass) - Nov. "A
sensational discovery by Prof. Joffe,
who constructed a small motor that
can be put in pocket but is strong
enuf to put in action a motor-car, has
received much publicity in Russia.
In an interview with press repre-
sentatives, Mr.. Joffe said:
Experiments on condensation Of
electrical energy in minimal size have
been carried on by me already for
several years and at present they
have reached stage when we can
talk of its practical use. New ac-
cumulators certainly will lead to a
technical revolution, because until
now enormous weight of accumulators
was their great drawback. The con-
struction of accumulators Of new
type is based on physical phenome-
non Of polarization of certain isolat-
ors. / don't want to give exact fig
ures now, but at any rate, new ac-
cumulators will have very small
weight and size with capacity To store,
at the same time, enormous amounts
of energy nearly a thousand times
more than motors now used. l hope
that within a year shall be able to
come to final results of my work in
this direction
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-11-04
PURCELL TO- Be-
INTRODUCED AT
K. C. BY HOWAT
u. M. w. of A. Leader
to Act as Chairman

KANSAS CITY, Mo, Nov. 2-The A.
A. Purcell meeting that will be held
on Nov. at the Labor Temple Audi
torium with Purcell speaking on
world Trade Union Unity" will have
Alexander Howat, miner, former pres
ident of District IA of the United
Mine Workers of America. as chair
man Of this meeting. The arrange
ment committee finally decided that
Alex Howat, militant miner of Pitts
burgh, Kansas, was the logical chair
man for the A. A. Purcell meeting.
The anthracite miners are on strike
and the bosses intend to ship coal
from Europe just as soon as there is
trade union unity &c Manifesto ana
that the Craftsmanship should 90 TO
one representing this wing of the
American Federation of Labor at this
time was considered by the commit
tee as the most appropriate, for the
miners need the unity Of all organized
labor to win this battle.
Committees calling on unions giving
five minute talks urging members to
attend the meeting are met with ens
thusiasm everywhere. In one union
our secretary, Barney Mccoy after
making a talk and selling tickets
found that he had brot forth some
other cards instead of the tickets and
sold eight for twenty-five cents EACH
1t took him some time to find these
men after the meeting and give them
tickets.
Some unions that are meeting on
Nov. 4, intend to meet early and ar
journ the meeting in time for the
members to attend the meeting.
The rank-and file of Kansas City need
such message as Purcell will de-
liver and the rank and file are moving
with their eyes focused on this event.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-11-04

1.-THE executive committee of the
Scandinavian Federation of the Work
ers (Communist) Party of America
declares, in order that all further mis-
concerning the result
of the latest party convention will be
avoided, its full agreement with all
the decisions of the convention and
binds itself to utilize all of its and
the declarations strength to carry out
these decisions.
Importance of BolsheVization.
THE executive committee empha-
sizes especially the Importance of the
decisions concerning bolshevization Of
the party, reorganization, and indus
trial work. Concerning these ques-
lions there must be no hesitancy
among the members; all party organs
must Immediately mobilize all their
energies to put these decisions into
effect.
1.-THE executive committee declares
itself loyal to the new leadership
elected unanimously by the last party
convention, and promises its unre-
served support, especially in the boil
shevization of the party. Thru the
Comintern decision, communicated to
the convention, party unity on Com
munistic basis is assured. The Scan
dinavian Federation leadership calls
upon all the members of the fedora
ton to support the Comintern as one
man and to work for the realization
of it's decisions. az
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-11-04
AUSTRIANS SEND. :
DELEGATES FROM
SHOPS TO |. ". A.
Map Out Immediate Re-
lief Program
WIN. F. kRuSE.
Especial TO The Daily Worker)

VIENNA, AUSTRIA (By Mail. 1.-THE
conditions of the Austrian working
class were described as being the
worst in present day Europe in that
not only were their real wages the
lowest but their social maintainence
was the least effective. This was
proven by extensive reference to COM
parative government statistics in an
address delivered by DR.. SchoenhQf at
the first National Conference of the
Austrian International Workers Aid,
held at Vienna on October II and IL.
Wage Struggles Discussed.
It was attended by forty Austrian
deleagtes and (for obvious reasons)
unnamed representatives from Roum-
ania and Jugoslavia. That these poor
conditions were particularly severe
upon the Austrian children and youth
was proven by the statistics of the
state school medical inspectors. The
constant wage struggles in Austria
were not merely the outbreak of dis
satisfaction but rather the desper-
alton of a proletarian class that more
and more realizes its doom under the
present system W
Most of the delegates represented
shop committees. The national organ
izations of the carpenters, tobacco
workers, cap makers and war veter-
ans were represented and seven CO.
operatives also joined. DR.. Frishauf,
a noted liberal physician, was elected
chairman; Frau DR.. Adler, social dem
ocratic leader, the vice chairman; and
Franz Yabusch, head of the Independ-
ent Socialist Working Glass Youth, a
member of the executive committee.
Strikers Children Cared For.
Toward the end of the gathering an
appeal from the Donawitz strikers
was answered with an immediate col
lection and plans for, the transport of
the children of the strikers Further
extension of the struggle will be met
with additional relief measures.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-11-04
CELEBRATE THE
ANNIVERSARY OF
FASCIST MARCH
Monarchy, Religion and
Army, Base of Policy

ROME, Nov. 2-Fascism, stepped to
the armpits in the gore of thousands
of workers, roared and showed its
fangs in triumph yesterday at the
third anniversary of the fascist march
on Rome Mussolini and his chief aid,
Farinacci, secretary general of the
fascist party spoke to hoodlum
throngs of blackshirts while the
working population, not wishing to
provoke murderous reprisals, remain
ed silent.
Faseism's Base.
The "policy of fascism," said Fari-
nacci, will continue to be biased on
monarchy, religion and the army" He
was quite scornful and exultant over
the crushing of the timid petty bour-
geois opponents known as the "Aven-
tine opposition" whose boycott of par
lament has been broken up by the
order" to return to their seats in par
lament
Fascism would not be "ferocious,"
said Farinacci, unless the opposition
provokes it, He added Significantly
that the fascist have no intention of
ceasing their method Of rule by vio-
lence. eve refuse all offers of an
armistice. If we have been intransi-
geant hitherto, we will be even more
intransigeant henceforth."
Fascism Starts More Poorhouses.
In spite of the 10000 blackshirted
ruffians modified for the occasion and
the 300 airplanes maneuvering over
the city, and all the display of force,
the canker at the root of society un-
der fascism was shown by the fact
that Mussolini's activities for the day
included the dedication of several new
poor houses.
The socialists remain crushed by the
recent order outlawing the reformist
unions and all other but fascist unions.
The socialists, who had been more
than half way allied with the fascists
against the Communists in hopes of
being permitted to maintain a semb-
lance of power in the reformist unions.
feel that the Communists now have
their arguments of unrelenting oppo-
sition to fascism upheld in the minds
Of the workers. The Aventine opposi-
ton, in which the socialists also re-
posed part of their faith, is scattered
and crushed by fascist violence.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-11-04

strates that the membership will sup
port the Central Executive Commit
tee intellectually in the reorganiza-
ton of the party.
The questions asked and the dis
cussion that arose after the questions
were answered, show that the mem
bership is keen to the idea and will
do everything possible in carrying on
the work.
Lays Stress on Union.
Comrade Amter especially laid
stress on the trade union work Of
the party, and insisted upon the de-
cision of the Communist International
being carried out, viz, that all COM
rades eligible 10 membership in a
trade union must join the union, be-
come active in it and together with
the other comrades in the union form
party fraction.
He pointed out that a great part OF
our work is done among the organized
masses, or at least should be done
there. BY the reorganization OF the
party we will come into contact with
the 1900 900 unorganized workers in
this country. But in the trade unions
where the workers have already
grasped the concept of organization
we will lay the basis for much of our
work, work for building up the party
today and for preparing the forces
FOR tho revolution
Must Join Union.
The district executive committee
has decided that the comrades must