davidaulloa/AmericanStories huggingface dataset:
The Alaskan., 1928-04-20

membership in this commission not one word of constructive thought was uttered by him.
 J. K. JOHNSON
 Has the support of Carl Strong. J. c. Barber and other reactionary Republicans" who were 'independ. ents" two years ago.
 HOLLAND
 Juneau man, but is now travelling with Gardner. Judging from his company refuses support him and being employee of public utility ard depending on his job 1t is un. believeable that he would be pro- gressively independent.
 OWN RECORD
 Speaking of his own record in legislature MT. Paul called attention to several bills of constructive thought and effort. Bill No. g was one that corrected a wrong condition the burning of $1O worth of lum Der on the beach was a felony and this was changed to misdemeanor. SCHOOL BILL
 Passed the House in form present. ed by MT. Paul, as endorsed by the several Pr. As of the Territory. Was opposed by Commissioner Hend- erson whose influence in the Senate changed 1t to the form which was of no benefit to Petersburg. AS the bill was amended in the Senate 1t had to be rejected by the House or the amendment accepted. Rather than hurt all the other towns the amendments carried.
 SYSTEM OF TAXATION WRONG
 The whole opposition to change ot taxing system may be laid to the doors of the canning, transportation system, banks and to the press of the Territory. A fair tax based on reds-5O cents per case would raise the revenue to approximately $2,000,000 per annum. The tax oa pink salmon now being all that the traffic will bear and out of propor. tion with the tax on reds or the tax on mines. He showed that the Alaska Consolidated Canneries oper- ated at loss of $13O,0O0 last year but had to pay a tax of $9O,0OOO while the Kennecott corporation paid tax of $68,000 on a return of $4 and a half million dollars. The effort to raaise the tax to s per cent was opposed by Sumner Smith but he agreed to permit raise to- per cent but when the measure was presented he voted against it and defeated the tax system. But Smith was chased out of the country for having com promised his vote and agreeing to any change even if he did not live up to his promises. It was shown in the talk that Montana has & tax of $2,O00,000 and operates on that amount and without . 1oubt Alaska can be run on It's axes if run properly.
 MT. Paul believed that from It's ,ax revenues the territory should )u,ld it's schools and the committee l mould not be burdened with this expense. He showed on the record lis support of an industrial insur- nee act which would benefit capital nd labor and put the matter on a air basis.
The Alaskan., 1928-04-20

membership in this commission not one word of constructive thought was uttered by him.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-31
|CURB PRICES DROP
AFTER EARLY GAIN
Market Apparently Affected
by Downward Trend on
Stock Exchange.

Special Dispatch to The Star.
NEW YORK, october although
out the first half session today the
curb market displayed strong tone,
many favorites being carried to new
high prices. Sentiment was influenced
by optimistic statements coming from
leaders of basic industries concerning
future industrial activity, and the pros
pect that numerous companies which
have plowed huge earnings into sur
plus accounts would in the near future
do something In the form OF special
distributions for share owners. When
prices turned downward on the stock
exchange shortly after midday, how
ever, the leaders on the curb were
sympathetically affected and a good
part of the early improvement was lost.
In the oil group International Pc
troleum was the days favorite, and on
the heavy turnover was bid into new
high ground. Prairie Pipe Line, on the
other hand, felt the effect of urgent
profit taking and at 900 was almost
10 points under Tuesdays final. Gulf
Oil was in active demand at intervals
and Crystal Oil &c Refining went to a
new top on intimations that October
earnings soon to be made public would
SNOW even greater improvement tLdLl
those of recent months.
Proper Silk Hosiery responded with
a new high to the placing of the stock
on a regular annual So dividend basis
by declaration of quarterly 50-cent
distribution. Contrary TO the general
trend of paper issues on the big board,
st. Regis Paper was carried forward to
a new high, where 1t was up more than
points. Operations for the rise were
again renewed in Acoustic Products, the
price reaching the best since listed.
Among the motor issues Marmon was
a favorite, establishing new high, up
more than points. Merger rumors APP
peared to be the incentive for the de-
mand. Ford Motor of Canada, at SOS,
lost 25 points.
Interest centered in the initial trad
ing in Radio-Keith-Albee no par stock
to be issued in accordance with the plan
set forth in the letter to holders of
Keith-Albee common stock. Sales oc-
Cured at and just above 3412. Rain
bow Luminous held around its peak at
Al, with the turnover again large.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-31
CHECK ON RUBBER
!. EXPORTS REMOVED
Prices to Be Regulated by
Laws of Supply and
Demand.

OpeCldl OiSpdtCn 10 81 ne sotdT.
NEW YORK, October 31.-Prices of
rubber will become subject to the normal
regulation of the laws of supply and
demand at midnight tonight with the
removal of the restrictions on exports
Of crude rubber fro mthe Straits Set
Elements, the main source of supply.
imposed by the British government
under the Stevenson plan.
An impression exists among some
rubber men that prices in consequence
can be counted on to remain at COM
paratively low level. This explains in
some part the announcement of a cut
IN tire prices by all the principal man.
ufacturers, which ranges from 2l5 to
, per cent on first grades and 171a to
20 per cent on second grades.
There is every indication that a rec
ord amount of rubber will be used in
the United States, the principal con-
Stunning nation, in the next six months.
Total consumption for 1928 will exceed
43O,OOO tons. Unless there is A startling
drop in automobile production this rec
ord viii be exceeded next year.
How much this rubber will cost man.
u1acturerS remains to be seen. No
extraordinary furry is expected as a
result OF the removal of the restriction.
Comparatively steady prices are antici-
pated by rubber men, but these same
men have frequently been wrong about
| the course of rubber.
While government restriction is no
longer feared, other factors may affect
rubber prices. No one will know for
some weeks just how much rubber has
been produced in Malaga and stored
awaiting the end of restriction. A large
volume coming on the market might
break prices, but planters are scarcely
likely to allow this to happen.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-31
WHEAT PRICES GAIN
IN EARLY DEALINGS
Report Of Threatened Crop Damage
in Argentina Aids Chicago
Prices.
BY the Associated Press.

BY the Associated Press.
CHICAGO, october 3i.--Wheat prices
turned upward early today, notwith-
standing declines at the outset. Talk
Of likelihood of crop damage by rust
in Argentina was bullish factor.
Opening unchanged to 3s off, wheat
sagged little all round and then scor-
ed general gains. Corn also advanc-
ed, starting 1sa14 down to 70 UP and
subsequently showing rise for all fu-
ture deliveries Oats were steady. Pro-
visions went downgrade.
References to possible damage to
wheat in Argentina as a result OF rust
acted as more than counterbalance
at times today for bearish effects of
word that Argentine wheat territory had
been visited by further rains. Per-
sistent mention of decreasing stocks OF
wheat at Liverpool also was more or
less a strengthening influence, and so,
too, was news that crop prospects in
Western Australia had been reduced,
owing to dryness, although estimates
are yet for a bigger harvest than last
year.
A forecast of wet weather In the
corn belt tended to lift corn prices. Be-
sides, country offerings OF corn to ar
rive were smaller, and Eastern demand
good There were likewise indications
that, on account of better bids than
from Chicago, large amount OF Hi
nois corn is going direct from interior
points to the seaboard for export.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-31
EARNINGS REPORTED.

NEW YORK, October 81 P.Hy-
grade Food Products Corporation of
New York ended the third quarter with
net profit of $104,296, against $50, 1926
for the second quarter and SAL ,231 for
the first quarter of 1928 Net sales for
the quarter totaled $2,545, 944, compared
to $1,710,016 in the preceding quarter.
International Business Machines Cor
poration of New York earned in the
first nine months of the year $3,173, 1854,
equal to $5.48 a share on 573, 1853 no par
shares. This compares to $2,809, 1884, or
$4,85 share in the corresponding 1927
period.
photographic Corporation of New
York reports for the past nine months
net profit of $375,360, against 1904, 1868
a year ago.
Kansas City Southern Railroad re-
ports net operating income of $3,436, 797
in the past nine months, compared to
1851 1916 year ago.
Net operating income of the Colorado
& Southern totaled $3,728,411 for the
first nine months of the year, against
$3,079, 491 in the same 1927 period.
Louisiana Oil Refining Corporation
OF Richmond, Va, and subsidiaries re-
port profit of 81 ,137, 1873 in the first nine
months, against $273,316 year ago.
4Io1 AAAlSo VI Tile AIIlSI1Cd1 1CG 70. OI
New York, before Federal taxes and de-
probation, for the past nine months
were $4,616, 106, an increase of IS per
cent over the same 1927 period.
Net operating revenues of the low
York, Chicago &1 st. Louis Railroad for
the past nine months were S10,614,139,
decrease of $487.59O from the first
nine months of 1927.
Directors of the Proper Silk Hosiery
Mills, Inc, of New York have placed
common stock on annual So dividend
basis, the first payment of so cents a
quarter to be made December to
stockholders of record November 10.
The company has no preferred stock.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-31
COTTON IS STEADY
ON INITIAL TRADES
Slight Advance Scored by Market
on Reports of Southern
Rains.
BY the Associated Press.

BY the Associated Press.
NEW YORK, october 31.-The cot
ton market opened steady at an ad-
vance of 8 to IL points on reports of
cold rains in the South and late rally
in Liverpool. January contracts sold
up to 1916 shortly after the opening,
or about l6 points net higher, but this
advance seemed to meet considerable
Southern selling, as we'll as realizing,
and some local selling on favorable
view of the weekly, weather report.
January eased off to 1888, and May to
1920 under these offerings, with the
market ruling within 3 or 4 points of
yesterdays closing quotations at the
end of the first nalf hour. Private ca
bles said that there had been hedging
and liquidation in the Liverpool mar
ket, but reported broadening cloth
demand from Egypt and the Near East
and said that the improved position of
Lancashire spinners was maintained
Failure of bullish features in the
weather news to create more active
demand probably led to liquidation,
while there was further Southern SELL
ing. The market lacked support except
for covering and some trade buying on
the declines. Prices worked off to 1924
for December and 1912 for May, with
the general market showing net declines
of about to 6 points at midday.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-31
BANKER ISSUES WARNING
AGAINST SPECULATION
BY the Associated Press.

~ VIC ASSOCldIeQ HTeSS.
CLEVELAND, October 31.-Business
prosperity prevails in this country, but
1t may be endangered if stock market
speculation absorbs more than it's share
of credit resources, George E. Roberts.
vice president of the National City
Bank, New York, asserted in an address
prepared for delivery before the con-
vention of Robert Morris, Associated, a
banking organization, here today.
Thus far industry has not been dis
turbed by the wave of speculation, the
banker said.
Pointing out that security prices have
experienced great advances, Roberts de-
clared that diversion of so large a share
of the country's savings into speculation
as to curtail the supply of capital for
new enterprises would affect new BUSH
ness and the stock market would suffer.
In another address prepared for de-
livery, DR.. w. Randolph Burgess, as
sistant Federal reserve agent of the
New York Federal Reserve Bank, stated
that large exports of gold and present
high money rates constitute a warming
that American credit resources are not
inexhauStible.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-31
Baltimore Markets

Special Dispatch to The Star.
BALTIMORE, Md. october 81
Potatoes, white, 100 pounds, LOCAL 10;
sweet potatoes, barrel, 1.50a2.75; bushel
75a1.00; vans, barrel, 1.75a2.25; beets,
100. 4.00a500; broccoli, bushel 60aT5;
cabbage, 100, 300a6.00; carrots, 100,
4.O0a6 90: celery, crate, l.50a2.75; cauli-
flower, crate, 175a2.50; kale, bushel,
5Oa60; lettuce, bushel, 75a1.25; lima
beans, bushel, 3O0a5.00; onions, 100
pounds, 2.00a350; oysterplants, 100,
6.00a700; parsnipS, basket, 50a70; pep
pers, basket. 30a40; pumpkins, 100,
natoes, basket, 50a1.25; turnips, bas-
ket,a 25a40.
Apples, bushel, 75a2.oo; crabapples,
bushel, 2.00a2. so; cranberries, box,
3.50a4.25; damsons, bushe1. 1.50a2 90;
grapes, basket, 60a65; pears. bushel,
125a3 90; grapefruit, box, 350a5 90;
oranges, box, 350a6.00; plums, bushel,
1.50a2.Oo; ounces, bushel, 50a1.50.
Hay and Grain Prices.
wheat-No. 2 red Winter, export, no
quotations; No. 2 red Winter, garlicky,
spot, 1343s; November delivery, 1.34 % !;
cargoes on grade, no sales; bag lots,
no sales.
Corn--No Q, domestic, lis; cob corn,
new, 4.00a4.25.
Oats-No. white, 521aa53l2; No. 3,
50a5l
Rye-Nearby, 1.1oal 20.
Hay-Receipts, none. New hay is
arriving in only limited quantity. 1t
is, therefore, not being officially graded
and sells strictly on its merits, within
range of 16.00a1800 a ton, timothy and
clover grades.
Straw-No. wheat, 1100a12.0o ton;
No. 2 oat, 12.00a1300.
Dairy Market.
Live poultry-Young turkeys, pound
IS; old, 35a40; Spring chickens, 20a32
leghornS, 20a28; old hens, 24a32; leg
horns, 24a25; small and poor, 20a22;
old ROSTERS, 18a20: guinea fowls, each
40a35; ducks, 24a26; small and old
ducks, 18a20, pigeons, pair, 3d.
Eggs-Receipts, 1908 cases; native and
'nea15oy selected whites, free cases, dozen
4Ta4B; firsts, AZ; current receipts, 40
Butter-Good and fancy creamery
pound, 46a4912; prints, 4912a5112;
blocks, 47l2a49h2; ladies, 35a38; store
packed, 80; process butter, 41a42.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-31
NEW BOND ISSUES
SELL At PREMIUM
Peru IS, American Thread
and Others Change Hands
Above Syndicate Price.
BY CHARLES F. sPEARE.


Special Dispatch to The STAR
NEW YORK, october 31.-Of greater
significance than the days movements
in listed bonds was the reception glver
TODAY to new issues and the fact thai
they sold at a premium over the sub
Scription price.
THE situation now contrasts with that
of last Spring, when most OF the new
offerings went 10 a discount Among
tne bonds that have recently been Of
fered. the Peru 6s, Rhine Westpllalla
Electric 6S, Oriental Development 6s
and the IlSeder Steel Corporation 6s
offered today, are all above their syndi-
cate prices. The American Thread COM
pany first mortgage u per cent bonds
were heavily overSubScribed, With the
bid side of the market thl afternoon
very strong. =.
Two of the days issues represented re-
funding operations. II the case CT the
Ilseder Steel 6s the sl0,000,oO0 Cfferlng
is to be used. in part, 10 retire approx
imately $7000,000 of rs at 1O3. TheSe
we're brought out in 1925, at 81. the
American Thread 5las, amounting to
100000, help to retire $5,752.OOO o
per cent bonds due December l. In
both cases this is constructive nnanc-
ing.
The other large issue today was that
Of the City of New Orleans, whose AZ
per cent bonds were offered and well
sold on a 435 basis.
Starting at a lower level, the copper
convertibles subsequently improved
with Anaconda Copper Is up 334 points
and Andes Copies Is about point.
The oil convertibles did not do so well.
There were declines ranging from "a
to IL points in Barnsdal 6S, Trans
continental 6lbs and Colon IS. Other
industrials were flrmer, notably Botony
Mills 6l2s, which gained about points
and have risen nearly 13 points IN the
past week; Eastern Cuba Sugar 112s,
Cuba Cane Sugar IS and Bethlehem
Steel 51bs and IS. The rubber ana
tire bonds were fractionally better In
spite of the cut in prices Of tires an
nounced yesterday.
High-grade bonds were held back by
the continued rate of 7l2 per cent for
call money, although time loans and
acceptanceS show an easier trend.
Among the junior rails the strength OF
Denver & Rio Grande Western 512s
was a feature, these bonds selling at
approximately their high for the year.
italian industrials and municipals.
Japanese municipalS and induStr1alS,
French government and municipals
and rails, and German issues were
moderately strong. There was a
higher price level for nearly all United
States Government securities except
the first Liberty 3l2s.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-31
NEW YORK PRODUCE MARKET

NEW YORK. October 81 (SpeciaD -
Upstate New York celery in the rough,
packed in two-thirds, wholesaled
at 2.50a3.25 on the good to fancy,
1.75a2.25 on fair quality and LOCAL so
on poor.
The top price obtained on 100-pound
sacks of yellow onions from the Middle
Western States, 425. Imported
yellow onions from Holland sold at
principally 1865 per sack.
Concord grapes from Western and
Central New York in 12-quart baskets
sold at 55a6212. California juice grapes
sold at 60a2.1212 per lug.
Upstate New York round white po-
tatoes in bulk peddled out at 1.90a2 90
per 1870 pounds, while Maine Green
Mountains realized 2.10a225, rarely
higher.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-31
$12,000,00O MERGER.

NEW YORK, october 81 CP).-A
merger of v. Vivaudou, Inc, of New
York, American Druggists Syndicate, of
Long Island City, and Scheerer Cor
poration Of America, under the name
of VadSco Sales Corporation, has been
proposed to stockholders of the COM
panies, 1t was learned today. The COM
panies are engaged in the sale and
manufacture of drug and toilet prepa-
rations.
The new company will have an au-
thorized capital of $4,000 shares of 7
per cent cumulative preferred and
100000 shares of no par common
stock Assets will be approximately
$12,000,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-31
BECREPIT MOTOR CARS
VANISH FROM CAMPUS
Tin Cans" and "Roll Worses''
Give Way to Neat Autos at
Northwestern University.

EVANSTON, ILL., (P-The decrepit
old automobile. plastered with collegiate
wisecracks, has seen its day.
Instead of the tin cans and rolls
worses" that cluttered up the North
western University campus, there now
are smart little roadSters and trim,
shiny closed cars for those who can
afford to drive car.
Raymond Kraft has an explanation.
when the high school students went
in for eccentric cars the collegian
turned to the severe and dignified," he
said. THE coed tired of the rattle
traps. They had exhausted their
laughs"
The number of Northwestern Uni
versity students driving cars to classes
has increased more than 100 per cent
since last year, according to school
statistics.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-31
How Do Shears and Scissors Differ

From the PaLhHHueF,
The terms shears" and Scissors" are
used more or less INTERCHANGEABLE in
many sections of the United States. AS
q rule, however, Shears" is employed
when the implement is large and
scissors" when it Is small. All such in
strumentS having a total length of 6
inches or less are called scissors in the
hardware trade, and those exceeding
that length are called shears. In Scot
land all sizes are called shears, the
word scissors" being seldom used. The
oxford dictionary says: THE larger in
struments of this kind, especially those
which are too large to be manipulated
with one hand, are called shears."
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-31
SCHOOL OPENS FOR YOUNG
Chicago Chinese Youths to Have
Homeland Education.

CHICAGO GP).-"On Leong Chinese
School" has been opened in Chicago's
Chinatown to teach young Chinese OF
the land their fathers left for the
United States.
The school is the first in Chicago
and one of the few in the United
States. 1t supplements the work of the
American schools. the young Chinese
attending Oriental classes after the
public schools workday is over. 1t is
sponsored by the On Leong Chinese
Merchants Association.
Chicago's Chinatown lies along Twen'
ty-second street.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-31
POTATO MARKET STEADY.

CHICAGO, october 81 R).-U. s.
Department of Observation-Disclosures
Receipts, las cars; on track, $50 cars;
total U. S. shipments, 996 cars; trad
ing fair, market steady; Wisconsin
sacked, round whites, 65a90, mostly
around 75a85 Minnesota and North
Dakota, sacked, round whites, 75a85;
sacked. Red River Ohio's, 90a95; South
Dakota, sacked, early Ohio's, 85a9O;
Idaho, sacked Russets, 1.55a1. 65.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-31
Report on Lead Supplies.

NEW YORK, October 81 LP).-Sep-
TENDER exports of lead in unmanufac-
tured form totaled l0,685 metric tons,
against 1852 tons in August Unman-
ufactured copper exports in September
were 30,987 metric tons, against 36.205
tons in August the American Bureau of
Metal Statistics reports
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-31
DECLARE EXTRA DIVIDEND.

NEW YORK, october 81 ODD
rectors of Beechnut Packing Co., of
anajoharie, N. Y. have declared an
extra dividend of so cents on the COM
mon stock, payable December 10 to
stockholders of record November "a.
With the January 10 payment the COM
pany announces the common stock will
be placed on SO annual basis, against
40 as at present.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-31
MATCH MONOPOLY GRANTED

NEW YORK. october 81 [P).-The
Swedish Match Co. has signed an agree
ment with the Jugoslavia government,
giving the company sole right to manu-
facture and sell matches in Jugoslavia
for 80 years. The agreement provides
for q loan to Jugoslavia of $4,000, 900
at 6X per cent interest.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-31
FOREIGN EXCHANGE.
touotations turnished By W. B. Hibbs & COD

All directors and officers of the Pitts
burgh Steel Co. have been re-elected.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-31
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star Once

Following is a list of stocks and
bonds traded in on the New York Curb
Market today:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-31
ales INDEPENDENT OIL STOCKS.

Sales STANDARD OIL ISSUES AND FOR
in units MER SUBSIDIARIES sTOCKs.
4aSS a 6Ssssl AZ 5l! on; is& lsS "
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-06-11
VAULT is JIMMIED
Burglars Get $3.50 in Sec.
ond Visit to Office.

The same men who entered the
]. I. Case Thresher Company, 241
Kentucky Ave, two weeks ago and
battered open the safe taking $3.50,
entered the place again Saturday
night, H. B. Fountain, manager, be-
lieved today.
Fountain said the men entered
through a basement window. jim
mied the vault and took nearly $3.50
from the safe.
Isaac Binzer, 1927 Carrollton Ave ,
reported his home entered Satur-
day night and iewelry valued at
$975 taken.
Percival Owen, room 215 Marion
Bldg, Ohio and Alabama SITS ,
found his Office ransacked and a
$3.50 rug and $50 radio speaker
gone.
Burglars entered the Indianapolis
Toilet & Apron Supply Company
Office, 935 E. Maryland ST., took
$50 and a $40 revolver.
George Harrison, 241 w. New
York ST.; was awakened early Sun
day by a slamrning door and dis
covered $31 taken from his trousers
A gun valued at $25 was taken
from the home of William j
Mundhenk, 6435 Central Ave.