davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-11-30
CONVERTIBLE BOND
LIST MOUNTS AGAIN
Market Responds to Upward
Movement on Stock
Exchange.
By CHARLES f. SPEARE.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, November 30.-Re-
spending to the strength in numerous
stocks today, there were further spec
tacular advances in convertible bond
issues, though these were made on a
moderate volume of transactions.
The general list was quiet and some
what affected by the second day of 8
per cent call money, with the prospect
of firm rates next week and throughout
December.
Brooklyn Union Gas SIS followed up
Wednesdays rise of So points with a
further gain of IL points Public Serv-
ice of New Jersey ass opened 4 points
higher and increased this to points
by midday. Andes Copper rs rose 3
points. Tennessee Copper 6s were up 2
points, as were Porto Rican Tobacco 6s.
Not ell Of the speculative bonds. how
ever, gained ground. Andes Copper
was at one time off , points. the Cuba
Cane Sugar issues were 10, to 81,
lower and Colon Oil 6s were down q
point.
1t was reported that the Barnsdall IS
without warrants were TO be called at
par and that announcement to this
effect would go out tomorrow. There
are several large redemption operations
10 be put through then, notably in the
French government is, with other for
eign loans being cut down by the call
of bonds and by purchases for the
sinking fund. A number of industrial
corporations find themselves toward the
end of the year with SO much cash that
they are anticipating payment on notes
that mature as late as 1885 and 1896.
The foreign group was steady. and, in
the Italian industrials. distinctly strong,
the latter being up from l to points.
In the Junior rails there were some
signs OF Improvement in the Seaboard
AIR Line issues. with the st. Paul ad-
JuStmentS again strong. number of
the public utilities of a straight mort
gage type were higher on the present
popularity of public utility issues in
spite of the fact that their investment
position has been affected by excessive
rates for money which have turned
many of the banks again from buying
bonds to lending out money on cali.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-11-30
SWEDISH INTERNATIONAL
MARKET is INCREASING
STOCKHOLM, Sweden (speciaD =

STOCKHOLM, Sweden (SpeciaD. -
SWeden's Importance as an inter-
national market has virtually doubled
during the last IS years, 1t is indicated
by census figures recently released by
the Swedish board of trade. Total
imports increased 81 per cent during
the period between 1918 and 1923.
Raw materials and partially manu-
featured goods decreased proportionally,
while the value of finished products
increased from 33 per cent to 40 per
cent of the entire import.
A striking change in living condi-
tons, which has literally brought the
northern country to the status of a
"luxury-loving" nation, is reflected in
the increased import of non-essentials
The growing use of silks and other
foreign cloths of finer quality boosted
the annual value of imported textiles
from 100000 to 214,000000 crowns.
while that of motor vehicles jumped
from 100000 crowns to 81 600 900, and
the annual benzine to import rose in
value from 100000 to 100000 900
crowns. CA crown is worth 1853 cents)
The value of the coffee import, always
big item, increased rom $4,000 900
TO 100000 crowns; sugar increased
from 1000 tons to 900 tons, and the
import of fresh fruit for the first time
achieved considerable proportions
Grain imports have doubled during the
period covered by the figures, due
largely to the increase in stock raising
and the commercial use Of soya beans.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-11-30

the greatest "hit" the industry has
ever known. Within q few short months
it has been SO profitable that Warner
Eros. have been able to swing a merger
with the Stanley Co. and obtain con-
troll of First National, thus giving them
an outlet for their pictures through
a chain OF tlleaters as well as COM
pany which has long been known for
its high quality feature productions.
Al Jolson in the jazz Singer" has
reyo1utionized the industry. Producers
have abandoned all previous plans.
They have rushed to make licensing
arrangements with Western Electric.
operating under General Electric and
Westinghouse patents. 1t takes some
time to get new production under way
and in the meantime the silent pictures
which have been sent from the coast
have been made over in New York by
adding sound" effects and musical
accompaniment. Even dialogues have
been faxed" Any picture that makes
a noise is in demand, and the rush to
install theater equipment for sound
pictures has created a demand for ap-
paratus which cannot be satisfied for
several years.
Future Uncertain.
The industry is in such a state of
turmoil that producers do not know
what each new day will develop. They
don't dare turn out a filr:l except in
sound, with only silent versions for
export and those theaters which have
no sound equipment. Production tech
nique is so new that producers do not
know what the public really wants.
Just now it seems as though the pub
lie only wants partly talking movies,
but it is a problem to know just how
much dialogue to put in or how to
lead up to it. Production problems are
tremendous; pictures used to be made
by shooting" editing and cutting until
the story ran smoothly; not the prepa-
ration of the story and the rehearsing
are the most important since 1t is not
possible to cut dialogue.
All former screen stars must begin
again at the bottom of the ladder.
The movie star Of the future must be
able to get his personality across in
this new medium of expression. Today
Al Jolson is the only proven star that
the industry boasts. As new stars de-
velop they will make tremendous sums
for sponsoring companies. Warner and
Fox have the initial advantage. al
though LoeWs, Inc. Metro Goodwin
NIayer). Paramount and Pathe will be
in a better position to compete on an
equal basis in the near future. In
vestors will have to depend upon the
management Of their company to gain
for them an important position in the
new industry.
Copyright, 1879
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-11-30
ACTIVITY IN CURB
SENDS PRICES UP
Canadian Marconi Proves
Sensation as Heavy Buy
ing Continues.
BY WILLIAM F. HEFFERNAN.

Special Dispatch to The Star.
NEW YORK, November 30-Cana-
dian Marconi performed sensationally
on the Cub Exchange today. Orders
in the stock we're so enormous before
the opening gong sounded that it was
impossible to open the market for it for
more than an hour. Then the initial
transaction made its appearance on the
tape III the form of block of $4,000
shares at 273s. This reported an adj
vance of SIS points from Wednesdays
final
Orders continued to come in such
tremendous volume thereafter that it
was necessary to suspend trading in the
stock temporarily. Before this had hap
pened Canadian Marconi broke to 1G'..
Coincident with this unusual situation
was the statement attributed to the
chairman of the board that when the
stock was selling at So, in his opinion,
it was too high. He added that he saw
no reason to change this opinion now.
In 1927 the company earned only
slightly better than l cent share and
it is estimated that 1928 earnings on the
4.504,682 shares outstanding, will be
about two cents share.
In the meantime there was no let-up
in the trading in the general market.
Before midday the tape was more than
thirty minutes behind the market on
the floor Indications, however, were
that the daily record of over 5000 900
shares established Wednesday, would
not be exceeded.
The public utilities were outstanding
ly strong. New high records were marked
up in United Gas and Improvement.
United Light & Power "a" Middle West
Utilities, Electric Investors and Amerl-
can and Foreign Power, the gains rang
ing from fractions to more than three
points.
Marmon Motor assumed the place OF
leadership in its group, making new
high around 81, gain OF some 8
points. The low-priced standard motors
also went into new high ground. High
priced specialties were led by Singer
Manufacturing, reaching new peak at
610.
Included among industrial favorites
to reach new records were Bonn Alum
mum and Brass, up almost 5 points;
Bullard Machine, fractionally higher;
Grigsby- GrunoW, up almost 8 points;
Southern Asbestos. up over 2 points;
Acoustics Products, over 4 points high
err, and Hall Printing, more than
point above Wednesdays final.
No halt in the demand occurred in
the market for Standard Of Ohio, which
reached a fresh peak at 1874, a gain of
S points. Subsequent profit taking
however, carried the price back over
more than the ground gained. Prairie
Oil & Gas resumed its upward move
ment, also making a new top, and Ohio
Oil reached its highest at 83.
1t was very evident that the market
for Dubilier Condenser & Radio had
reached the point where almost any,
thing could happen one way or the
other. On a block of 10000 shares the
stock lost further ground. Selling was
attributed to profit-taking following the
spectacular rise earlier in the week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-11-30
NEW YORK PRODUCE MARKET

NEW YORK, November 80 (Spe-
ciaD The seasons initial carload of
tomatoes from Mexico was unattractive
in quality and met very poor sale at
100a2.00 per lug, containing approxi-
mately 80 pounds. California whole
sailed within the price range of 50a3.00.
Florida tomatoes were 2.50a600.
Western New York white Danish type
cabbage sold at 5000 per ton. South
Carolina late crop Wakefield cabbage
was 200 per 1la-bushel hamper.
Upstate round white potatoes sold at
200 per 100 pounds. Maine Green
Mountains we're 2.15a2.40.
Western New York celery in the
rough packed in two-thirds crate COM
manded 275a3.50 on the good to fancy,
while the poor to ordinary ranged from
100a2.50. California celery brought
from 6.00a750 per large crate.
u. S. grade No. l 81: Inch Baldwin
apples peddled out at 4.50a5.50 per barr
rel: McIntoshes, 1O.OOa11.50. and Rhoda
Island Greetings, 5.25a6 Kieffer pears
sold at 4.50a60O per barrel.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-11-30
COTTON PRICES FIRM
IN OPENING DEALS
Market Steady at Slight Advance
Following Favorable ;
Gables. ;
BY the Associated Press.

BY the Associated Press.
NEW YORK, November 30-The COT
ton market opened steady at an adj
vance of to 10 points, in response to
holiday steadiness at Liverpool
and continued favorable reports from
the textile trade. December contracts
sold up to 2092 and May to 20.70 on
the initial demand, which included
trade calling in near months. as well as
covering or rebuying by recent sellers
and a moderate commission house de-
mand. This advance met considerable
realizing. and Southern selling, however,
and the market eaSed back to nearly
Wednesdays closing quotations by the
end of the first half hour. Trading
was only moderately active. Private
cables said that trade buying and Cow
ering had absorbed liquidation in Liver
pool and that there was fair inquiry
from South America and the continent
for cotton cloths. :
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-11-30
RESEARCHES SAVE
TANNERS MILLIONS
Man Who Never Leaves
Laboratory Is Called
Real Explorer.
BY the Associated Press.


CINCINNATI, November 30.-A man
whom Comdr. Richard E. Byrd calls
one of the worlds real explorers never
leaves his laboratory here in his eX-
ploration trips"
He is DR.. George D. Mclaughlin Of
the University of Cincinnati, whose
search is for means of making better
leather and incidentally more COM
Portable shoes for the worldwide Ameri-
can market.
The analogy of Byrd's estimate is
explained by comparison of polar eX-
ploration and McLaughlin's work on
hides. The earths poles were attained
by explorers after a few centuries OF
effort. Mclaughlin discovered some
thing about leather making which men
have wanted to know since history
dawned thousands of years ago.
Saves Eighteen Hours.
In most of that period lime has been
upsed to take the hair off hides intended
for leather. 1t is used still but Nc
Laughlin discovered what chemical ac-
ton makes the lime effective and by
applying this chemical artificially was
able to remove the hair at the point IN
the process when the leather properties
would be preserved at their best. His
DISCLOSURE lIlClueICdIly SdNSu 10 1lUuA
of the time previously required for the
removal.
Byrds estimate was this: 1.-THE ro-
nance of exploration is not confined to
those who reach the outposts of the
world. but just as often is in the lives
and works of Sperry, Jewett, Whitney,
Mathews, Baekland and Mclaughlin. y
Effects Widespread.
The effects of McLaughlin's work are
widespread because the Tanners Coun-
Gil. which established and maintains the
research laboratory at the University OF
Cincinnati, gives the results to all
| leather manufacturers.
The council built the laboratory In
! 1924. Biologists and psychologists
study the effects of bacteria on hides
and histologists examine the fundamen-
tai elements Of hides and finished
| feathers.
The leather industry has credited DR.
| McLaughlin's researches with saving
tanners millions of dollars.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-11-30
Baltimore Markets
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE, Md, November So
Potatoes, white. 100 pounds, 30al:lO
sweet potatoes, barrel, 1.50a2,50; bushel,
50a25: vans. barrel, 2.00a3.00; beans.
bushel 3.00a450; beets, 100 4.0Oa5.00;
broccoli, bushel, GOAL 90; brussels sprouts,
quart, 12a20; cabbage, ton, 35.00a4o.OO;
carrots, 1OO 4o0a6.00; celery, crate, 1.5O
a3.0O; cucumbers, bushel, 3.50a5.o0; egg
plants. crate, 400a6.00 lettuce, buSnel
75a1 so; onions, 100 pounds, l:ooa4.oO'
peppers, crate, 4.00a80O; squash, craze
q .00a5 90; savoy cabbage, buShel, 9Ua
90. spinach, bushel. 65a90; tomatoes
crate, 3.0Oa5.O0; turnips, basket, 25a35;
apples. bushel, 75a200; cranberrles i2-
barrel box, 3.00a450; grapefruit, box
2. 5Oa4 90: oranges, box. 2.50a4.50; pears
bushel, 1.00a3.50; Kiefer pears. basket
25a5O; tangerines, u strap, l.5Oa5.Oo'
Hay and Grain Prices.
Wheat-No. 2 red. Winter, garlicky,
SPOT, 1872: November delivery. 1872.
Corn-No. 2 export, December dellV-
cry. 945s; No yellow, l.o3al'O4; COD
corn, 4.60a4.75 barrel.
Oats-No. 2, white, domestic, spot,
57a57la; No. 3, white, domestic, spot
55l2a56
Rye-NeafDy, 1.1Od1'Ao' e,
Hav-Receipts, 10 tons. While nay is
arriving here in limited quantities only,
il is more than ample for the demand,
which is being supplied mostly by truck
from nearby points, few carloads being
received. There is not enough business
passing to establish prices On the Varl-
Gus kinds and grades, and all arrivals
sell strictly on merit at a range OF
16 OOa1850 per ton for timothy and
clover hay.
Straw-No. wheat, 11.0Oal2.O0 per
ton; No. oat, 12.00a1300 per ton.
Dairy Market.
Live poultry-Turkeys, pound. 40;
old. 35a38; Spring chickens, 20230;
Leghorns, 20a26; old hens, 22a28; Leg
horns. 2la22; small and poor. 18a2O;
/ old ROSTERS, 17a20 ducks, 22a25; small,
1920; geese, 20a25; guinea fowl, each,
40a85; pigeons. pair, 80.
Dressed poultry-Turkeys, pound, 3Sa
az; old. 35a36; young chickens, 26a32;
old and mixed, 25a30; old rooosters, 20;
ducks, 25a29; geese, 22a28.
Eggs-Receipts, 500 cases; native and
nearby selected whites, free cases,
dozen, So; flrsts, Al; current receipts,
As.
Butter-Good to fancy creamery
pound, 48a53; prints, 53a55; blocks. 5la
SO; ladies, 37a38; store packed, 34a35
process butter, 43a44.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-11-30
Banks Distribute Funds.

HYATTSVILLE, Md, Novembe 30
Especially total of approximately
Sl270 900 in Christmas savings checks
will be placed in. the mail late today by
Hyattsville and Mount Rainier banks.
The banks contributing to this total are
the First National Bank of Hyattsville,
the Prince George Bank, which MAIN
tains banks here and at Mount Rainier
and the First National Bank Of Mount
Rainier.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-11-30
Washington Stock Exchange
SALES.

Chestnut Farms Dairy COMIC at 100.
Potomac Electric GO pfd-5 at 11134
10 at lll7a, 10 at Ills, at 112, S
at 112
Washington Gas Light-10 at 1851, 10
at l053l, 10 at 106. 10 at 106la, 20 at
1864, at 1861, 10 at 1854.
Riggs National Bank warrantsE1oo-265
at 305, 1925 at 305, 20-265 at 305.
at 305, l at 305, 1926 at 305
5-265 at 305, 259-265 at 3O5.
Columbia Sand d Gravel pfd-5 at
Ola, 10 at 917s.
Federal-American Co. COMIC at So.
20 at 5212, 10 at 5234, 10 at 1924.
Lanston Monotype-10 at lisa, 20 at
lib, 10 at 118, IS at 118.
,A1ergenthaler Linotype-10 at 1053s, 10
at los ls, 10 at 1051s, 20 at 105la, 20
at 1858, 10 at 1854, 10 at 1O53s, 10
at 1885, 10 at 1857, 10 at 1861.
Peoples Drug Stores pfd.-5 at 100.
AFTER CALL.
Georgetown Gas 5s-S1 900 at 1897.
IAnacostia & Potomac r. R. 5s-Sl 900
at 9614.
Potomac Electric Cons. 5s-$1 900 at
1011a.
Washington Gas IS "A"-s5oo at 1861
$1,000 at 1857, $1,000 at 1862.
Washington Gas IS $500 at 1O7M.
National Mtge. & Inv. pfd.-l00 at 57a.
Potomac Electric 5la "a pfd.-15 at
1882,
Chestnut Farms Dairy pfd.4 at 1o7.
Washington Gas 6S $500 at los.
Capital Traction Cos at 1864,
Riggs National Bank WarrantS-l at 30S
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-11-30
PARIS BOURsE PRICES.

PARIS. November so up. - Prices
moved irregularly on the Bourse today.
Three per cent rentes, Ga francs so
confines. Five per cent loan, 90 francs
IS centines.
Exchange on London 124 francs 10la
centimes. The dollar was quoted at IS
francs IS confines. s.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-11-30
Three Hurt in Auto Crash.

Los ANGELES. November so R).--
Mrs. Roy Knabenshue, San Diego,
Calf, was injured probably fatally and
her husband and Miss Madeline Briggs
of New York were bruised when the au-
tomobile III which they were riding
plunged over an embankment near Ros-
coe yesterday, in an attempt to avoid a
collision with another car. Knaben-
shue was widely known as an aviator q
decade ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-11-30
ICE FIRMS MERGE.

CLEVELAND, Ohio. November 80
GP.-The City Ice & Fuel Co., the
largest company of its kind in the coun-
try, has acquired the Continental Ice
Co. of Chicago in a merger involving
S4,000,000, according to H. D. Noryell,
president of the City Ice Co.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-11-30
RECORD PRICE FOR SEAT.

NEW YORK, November 80 (P.-A
New York Stock Exchange membership
was sold today for the record price of
S580,000, an increase of $4,000 from the
previous sale.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-11-30

There are In the United State 3,000,-
900 school pupils more or less deaf. -.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-11-30
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star Office
INDUSTRIALS.

Following is list of stocks and
bonds traded in on the New York CurD
Market today:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-11-30
SILVER QUOTATIONS.

NEW YORK, November 80 (Pl.-Bar
silver. 572z: Mexican dollars. 439s.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-11-30

Peru produces over 90 per cent of the
worlds yaIAkiium. .esseas.sAs g1e.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-11-30
TREASURY CERTIFICATES.

CReported by J. & W. seligman & Coz
Evening star., 1928-12-28
$4.85

Shoes that women are
wearing right now-and
smartly, too! P a t e n t
leather-straps, ties and
oxfords - some evening
slippers. Broken sizes.
Evening star., 1928-12-28
$7.85

Including many of our
better shoes in alligator
and suede; also kid and
patent leather, and a
group of smart evening
slippers. Broken sizes.
Shoe Shop--Second Floor
Evening star., 1928-12-28

Drastic reductions on
our best style shoes!
Brown alligator, lizard
and sea leopard, black
and brown suede, black
satin and patent leather.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-16

abandoned or continued without the
sanction of the association Is not
known here. as there have been no de-
velopmentS since the association regis
tered its disapproval of the original
plans.
In arriving at its decision the con-
test committee of the association can
vasSed a number of we'll known long
distance airmen and obtained from
them the conclusion that a pilot or
navigator Ell route to the island could
not afford to make an error in laviga-
ticn of 5 per cent or more. If the
island were obscured by poor visibility,
and if there were an error of 5 per
cent in navigation. 1t Is held plane
would have slim chance of finding
its destination.
Airmen May BE Barred.
While not anticipating the necessity
of taking any action against pilots who
might enter an unapproved event, the
association has the power to bar thos@
a!Imen from participation IN any flu
tu-e contest conducted under the aus
pices of the sports governing body Cor
as long as 1t sees fit. In preventing their
participation the association could re-
woke the pilot certificates which they
hold and which mark the holder as an
airman in good standing and qualified
to take part in all aeronautical events
Of a competitive nature.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-16
BERMUDA AIR RACE
MEETS OPPOSITION
Aeronautic Body WithhoIds
Sanction Because OF
/ Sea Risks.

Carving out its announced policy O.
refusing To sanction any long distance
cver-water fight projects that are not
surrounded with every reasonable safe
tv precautioN. the National Aeroaautic
Association has declined TO pat its
stamp Of approval on the proposed sea
plane race from New York II Bcrnud.
for prizes tota.ins $4,000. because OF
the lack Of proper navIsatlonal iaclh-
ties. which the association declares are
necessary iii enabling the planes ~
locate the tiny DOT OIL the sod,hHaS'
Atlantic coast.
The proposed race, sponsored by the
Bermuda Trade Development Corpora
ton. would meet with the approval OF
the ASSOCIATION if those promoting the
event would agree 10 one Of the two
proposals advanced by the official aero
nautical sports governing organization
OF America,
That the race begin Al Bermuda and
end OF the mainland. thereby eHnilnat-
ins any possibility Of pilot becoming
lost at sea. as the entire Atlantic coast
line would lie directly across his linz
of Fich,. or that a radio beacon be set
I'D at Bermuda 10 guide the Ayers into
port. thereby precluding the necessity
Of stalking all on celestial navigation or
slrplane cornpasSes.
Sponsors Have Not Yielded.
AS far as could be learned here. the
SPONSORS Of the flight have not yielded
10 these proposals, The cost of estab-
fishing a beacon al Bermuda just for
the race Is regarded as prol!bitive,
while the plan 10 begin the race at Ber-
muda and have il END on The mainland
is understood to be 6isfavored. first. be-
cause of the expense 70 the pilots III
shipping their craft 70 the island, and,
second. because the termination Of the
race on the mainland would MOI have
the desired result for Bermuda citizens.
Whether the projected fligh. vii! be-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-02-16

clared that the order was American
and breaches American ideals. and
Graham McNamee, National Broad
casting Co announcer, who described
many of his experiences during his
service with radio.
The invocation was pronounced by
Rev. James Shera Montgomery. and
the ELEVEN O'Clock Toast" was given
by Judge Robert E. Mattingly. A pro-
gram of entertainment included selec-
tons by members Of the Marine Band,
songs by George O'Connor. accompanied
by Matt Horne, and songs by the
"Bonny Ladies' Trio" WIZ singing
comedians
Among those attending the affair
were Secretary of Labor Davis, Mai