davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-23
COMMODITY PRICE
AVERAGE SHOWS DROP
Special Dispatch to The star.

Special Dispatch to The Star.
NEW YORK, October 23.-In con-
trast with the record high average
price of stocks which has been made
from week TO week during the past
month is the decline In the same period
In the average price Of commodities,
now lower than at any time since July.
This is one Of the stabilizing fea-
tires of the general credit situation
and accounts for the fact that the
cost of money to commercial borrowers
Is relatively low, while that to borrow"
ers on speculative securities averages
higher than for the past seven years.
In the last broad period of speculative
activity. commodities and stocks were
rising together and the prices fixed Tor
money to finance business were very
nearly as high as those demanded Tor
the accommodation of Wall street.
It is the belief of those who make
a close study of the situation that COM
modify prices are on the decline and
that during the next few years there
will be. witnessed a decided lowering
of the average of commodities. compar-
ed with that now existing, although
meantime there may be movements IN
special groups that will keep the aver
age fairly high for a while. The state
nent of Secretary of Commerce Whiting
that business in the United States,
with the single exception of the tex
tile industry. is at the highest level
in its history and check payments are
larger than ever before. gives weight
to this theory; for although demand
for commodities and manufactured
goods Is unprecedented, average prices
fail to show the effect of 1t.
The first of the September railroad
earnings do not measure uo to expec-
tations. Except for the Erie, whose
gross and net were both larger than
a year ago. the returns elsewhere indi-
cate falling of in business in the To-
calities where the earnings were Gre
ated, For instance, the 500 Line had
a decrease in gross of E150,000 and a
net loss Of $85,000. The Lackawanna
shows the effect Of a smaller move
ment of anthracite In q gross loss Of
about $375, 900, nearly all Of which 1t
was able to absorb by reducing operat-
ing expenses The president Of the
Chesapeake g. Ohio stated that the
gross revenues of his road would be
per cent under those Of last year and
the surplus after charges on IL per
cent.
These results represent too small a
percentage of the total railroad mile
age Of the country to be typical and
will be balanced by known gains Of
systems that have yet to make reports.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-23
PUMPKINS ARRIVE
FOR HOLIDAY TRADE
Squash, 0kra and Cucum-
bers Also Appear at Mar
ket Here.

Local dealers today had attractive
displays of pumpkins Of all sizes and
varieties for the Halloween holiday
trade, prices covering a wide range OF
from Is cents to $40. The most expen"
sive of the supplies were first ana sec
ond prize winners at county fairs, CHIEF
ly at Frederick, Md.
Pumpkins Of all sizes are much higher
this year than usual, due, 1t Is stated,
to weather conditions and insectS at
lacking the vines. Small pumpkins that
sold at a dollar a barrel last year. deal
ers said, were bringing So today. some
of the show pumpkins. 1t was stated
weigh we'll on to 100 pounds.
White and yellow squash, okra ana
cucumbers, first of the Florida Fail
vegetables to appear in the local mar
ket. we're offered the trade yesterday
and TODAY. Large crates Of the squash
were quoted at 81, $3.50 and IS a crate.
The cucumbers, of exceptionally fine
quality, brought SIS and $3.50 q crate,
Alabama and Texas cucumberS, not
quite SO fancy, it is stated, selling at So
and $3.50 q crate. Bushel baskets OF
okra brought "a and $3.50.
Dealers on the country line had fairly
heavy receipts Of Fall vegetables, while
across the street dealers this morning
had their usual attractive displays OF
fruits and vegetables. Tomatoes from
nearby growers were quoted at 81 a
bushei, fancy stock from California sold
according to size and condition.
Kale, not quite so plentiful, sold at
81 a basket, the price quoted for spin
ach. Cutoff turnips were offered at
$50 q bushel, bunch stock selling at 3
cents. Radishes were 2, beetS and car
rots 4 and parsley cents bunch.
A continued firm condition OF the
butter and egg market was reported
price of current receipt eggs showing Q
Slight advance Butter prices remained
unchanged, and there were but little
changes In the meat and poultry
markets.
TOday's wholesale Market.
Butter-One-pound prints, 45a49;
tub, 47a48; store-packed, 30a32.
Eggs-Fresh, selected, 45a48: hennery,
SOa52: current receipts, A.; storage, IS.
Poultry, alive-Turkeys, 35a40; Spring
chickens, 80; Leghorns, 27a28; fowls,
23a30; Leghorns, 22a23: ROSTERS. 19a20;
keats, young, 60aS0; old, 80. Dressed
Turkeys, 40a45; Spring chickens, large,
38a40; small, SO; Leghorns, 27a28;
capons, large, 42a45 small, 30a35;
ducks, 20a30: keats, young, 80a1.00.
Meats fresh killed-Beef, 22a27; veal
25a26; lamb, 25a26: pork loin. 25a26;
fresh hams, 24a25; fresh shoulders, 22a
%; smoked hams, 26a27; smoked
shoulders, 21a22; bacon, 22a24; lard
151s.
Live stock-Calves, IS; lambs, Is.
Fruit and Vegetable Review.
The daily market report on fruits and
vegetables, compiled by the Market
News Service Bureau Of Agricultural
Economics, says:
Apples--Supplies liberal: demand
light, market steady; boxes, Washing.
large size, $50: fancy, Delicious. 3.Ooa
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-23
COTTON is STEADY
IN EARLY TRADING
Slight Declines Follow Selling Due
to Warmer Weather.
Forecast.

6y tho Associated freSs.
NEW YORK. October 23.-The cot
ton market opened steady at an adj
vance Of to IA points in response to
relatively steady Liverpool cables, re-
ports Of frost at two or three points
In the Southwest. and rains in some
Eastern and central belt sections. The
demand appeared TO be quite readily
supplied by realizing and Southern
selling at the advance Of 1881 for De-
cember, however, and the market later
eased on the forecast for warmer
weather IN the Southwest and talk of
an easy spot basis in the South De-
cember sold of to 1886, with the
general market showing net de-
clines Of about to 8 points at the
end Of the first half hour. The fore
cast was for colder weather in the
Eastern belt, with probable light frost
in North Alabama and North Missis-
sippi, but local map readers said they
saw no threat of killing temperatures
In the belt. Liverpool reported London
buying and covering on the frost Tore
cast in the market there and said bust
ness in cotton cloth was improving.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-23
NEW BUILDING CONTRACTS.

NEW YORK, october % P.-New
building and engineering contracts
awarded In the week ended October 20
amounted to $130,677, 100 in the 81
States east of the Rocky Mountains,
F. w. Dodge Corporation announced
t9asy C S Is an OF %e.P es sS
brings the total of new construction
started in these States since the first
Of the year to $5,516,452. 200, a gain
of 3 per cent over the first 10 months
of last year. .-... -.-, :
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-23
CABLE COMPANIES
SHOWING BIG GAINS
Firms Undertake New ActivI'
ties Following Advent
Ofthe Radio.
BY ]. C. RoYLE.
Special Dispatch to The Star.

Special Dispatch to Inc Star
NEW YORK, October 23.-Between
1880 900 and 200,000,000 words VIII
have been transmitted by American
telegraph companies over tranSoceanic
cables in 1928. officials of telegraph
oonnpanies cited that fact today to show
that radio has not injured the telegraph
and cable business. On the contrary,
as has been the case in many other
industries affected by new inventions
and methods, it has Spurred activity
and increased earnings.
This assumption Is supported by &C
acknowledgement today that negotiations
have been in progress looking toward
possibility Of a merger between the
Western Union Telegraph Co., which
does more than half of the transoceanlc
cable business, and the Radio Corpora.
ton of America. Such merger would
combine the peculiar advantages pos
SeSSed by each type OF communication:
Further comment on the proposed
merger is refused by officials OF the
telegraph company.
Surplus Increased.
Many of the uninitiated thought the
telegraph companies would never lay
another cable after the perfection OF
radio transmission. Yet one OF the
worlds greatest cable lines has just been
completed from Bay Roberts, New
foundland, to Horta, Azores, to handle
the business developed with Germany,
Italy, Spain, Portugal and Africa.
The leading company does not seem
to have been adversely affected imam
cially, since it has increased its surplus
from $51,8l4,706 In 1928 to S,S26 .58l
in 1928. Gable traf1c since 1918 has
risen 800 per cent. In addition to the
Horta cable, which cost $4,000, 900, this
company has built two other cables, all
of which can transmit 1000 letters
minute as compared with 240 over the
the old-Style cables. In fact, to navi-
gators there is section Of the ocean
bed between America and Europe known
as the cable plateau because OF the
number of lines which rest on the sea
floor there.
Radio and submarine cable means of
Communication have distinct and Sepa-
rate purposes.
Radio has increased the volume of
communications" said Newcomb Carl
ton, president of the Western Union.
cit has stimulated service and developed
trade by radio circuits to countries
where cables are less effective because
of the terminal delays with connecting
land wires"
Stimulation Of Business.
Some idea of the extent to which
cable communication has been stimu-
lated can be judged when it is known
that one American company alone
transmitted IL 900 words In one day on
the arrival of the Graf Zeppelin. One
company already has been notified that
it must provide for transmission of at
least $4,000 words on the presidential
election to foreign countries.
During the coming Christmas holi-
day season it Is expected telegraph
facilities viii be taxed to the limit.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-23
BUYS Motor Lamp Firm.

CLEVELAND, October % R.-Gen-
eral Motors Corporation has acquired
the Guide Motor Lamp Co. of Cleve-
land, a pioneer In the automobile lamp
industry, doing a business of $4,000, 900
a year, 1t was announced yesterday.
Stockholders of the lamp company vot-
ed to accept an offer Of $913,690 for
their holdings. They are to receive
SITS share for the common and $110
for the preferred, plus accrued divi-
dend for 80 days.
General Motors plans to operate the
company with its present personnel,
H.. j.. Monsoon, president Of the Guide
company, said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-23
RECORD QUARTERLY PROFITS

NEW YORK. October % C4).-Rec-
ord quarterly earnings are reported by
the Commercial Credit Co. for the three
months ended September 80. Net In
come, after Federal taxes, was $l,208,-
656. After $4,000 for preferred divi-
dends, including those of affiliated COM
10000 shares of no-par common stock
outstanding totals $685., 694, or $l.27 per
share. Earnings for the nine months
ended September 80 were reported as
$3.50 per share.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-23
Washington Stock Exchange
SALES
SALES.

Georgetown Gas $500 at 102.
Capital Traction CO. ut 10514.
Potomac Electric go pfds--5 at ia, 2
at ia, 4 at 1884
Washington Rwy. 81 Elec. pfd.-12 at
1001s. 20 at 1001a.s
Second National Bank-i0 at 30, 81 at
270. 8 - -
Columbia Sand & Gravel pfd.--10 at
Ola, 5 at 913s.
Mergenthaler Linotype-l0 at 1929, 10
at 1921. 10 at 1929, 5 at 1925.
Peoples Drug Stores pfd.--5 at lao, 10
at 12l12. 10 at l22, 5 at 1924.
AFTER CALL.
Mergenthaler Linotype--10 at 102Ks.
Columbia Sand g. Gravel pfd.-10 at
9lA.
Mergenthaler Linotype-2o at 1927,
10 at 1924.
Washington Gas SIS w-$1oo at 1041z.
Federal-American National Bank-20 at
1886, 80 at 336.
Capital Traction Colo at 1854, 10 at
1881.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-23

NEW YORK. October % (P-De-r,
mand for machine tools, especially on
the part of the autemotive industry, Is
so insistent that several manufac-1
.turers are operating day and night TO
rush deliveries, American Macf1inist -
reports. This is due. in part, to short
age of skilled workers. In the Eastern
district aeronautical activities are atai
tracing much attention. Chicago re-
ports good orders from tractor makers 81
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-23
Commodity Notes


CHICAGO, october 23.-PackerS here
describe their business as fairly salts
factory ut present. The lamb trade in
particular has shown activity and
strength. There is also better demand
for smoked meats at the readjusted
price level. Beef demand Is slack.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-23
ACQUIRES Radio Stock.

CHICAGO, october % R).-An-
nouncement that the Rudolph WurlitzeI
Co. has acquired substantial Interest
in the Ail-American Mohawk Corpora.
ton. radio manufacturers, was made
TODAY. No changes will be made in the
executive personnel Of the companies.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-23

PORTLAND. Greg. - Washington
cranberry growers and those Of Oregon
are selling their crop as fast as possible
and orders are coming In faster than
they can be confirmed by growers.
Prices have advanced so cents box at
the hogs.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-23

wTTREs.RARRr p

WLKES-BARRE. Pa.-Stock piles Of
anthracite piled up for months wait
ing better market now are being load
ed by steam shovels at mines near
Hazleton.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-23
Steel.

PITTSBURGH.-Ingot production Is
now proceeding at about 80 per cent Of
capacity In this section. The pig iron
market has grown stronger.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-23
NEW YORK BANK CLEARINGs.

NEW YORK, october % Especially -
New York bank clearings, $1,720, 000,-
600; New York bank balances, $I33, 000,-
600; New York Federal Reserve bal
! ances, $4,000, 600.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-23

A cathedral of Commerce." Just
opened in Prague, is the largest BUSH
aess building - Czechosleyakias - -.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-23
U. s. TREASURY RECEIPTS.

Treasury receipts October 20 were
$9,131, $4,000: expenditures. $685.
$751; balance, $263, 107, 980.78.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-23
DIVIDENDS.

REGULAR.
Pc Pay Hldrs Of
Company. Rate. Rod. able. record.
Allied Inter-Inv pf. -. SO SA Nov. I Oct. IS
Nat Supply: .,:;...:i g Nov: Is Noy. s
Do. pf. SITS 6 Nov. Is Oct. 81
So Col Pow A.........50c 6 Nov. "a Oct 81
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-23
SILVER QUOTATIONS.

NEW YORK, October % R.-Bar
silver, Sta. Mexican dollars, 43N.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-23

Only / in every 10 communities In
Hungary has motion picture theater.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-23
Bid and Asked Prices.
BONDS.
PUBLIC UTILITY.

Barber g. Ross, Inc. 61ss. - 94Ha
Chsmberlin Vanderbilt II 61as. % 98Ia
Chestnut Farms Dairy CAS-. 1854 -.
Chevy Chase Club 5ias loi
q. @. Paper Mfg IS .......... 50 81
Pot Joint Stock La Bk. 6S 100 ~
Wash. Market Cold STORAGE S. S6 80.
wash. Cons. Title 6s.......... 100 102
War6man. Park Hotel 6As.... 104ss 1o47s
Amer. Tel. & Telga. .......... 1Tssz $50.
Evening star., 1928-11-16
TEXAS BISHOP ASKS
AID FOR MEX|CANS
Catholic Hierarchy Is Told
of Plight of Refugees
in Ell PaSo.

The American Hierarchy of the Cath
olic Church yesterday listened to an
appeal from Bishop Schuler of Ell Paso,
Tex, for the help of all Catholic dio-
ceses in caring for the stream of Mexi-
can refugees who are continually pour
ing into his diocese from across the
border.
The appeal was made especially for
the Mexican priests and nuns who ar
rive in Ell PaSo penniless and exhausted,
Bishop Schuler said, and are entirely
dependent on the charity of local
Catholics. There are now 80 priests and
$50 nuns to be cared for, he said. The
ordinary Mexican population of the
diocese is 100000, but this is being
augmented. The bishop said that there
are great many refugee priests and
nuns in Los Angeles and in San An
tonic. Many of them, he said, are
escorted to the border under guard,
while others steal over the border into
Ell PaSo incognito.
The nuns, Bishop Schuler said, are
becoming self-supporting as teachers,
hospital workers and as makers of fancy
articles for which there is a market
through the department store, but they
are entirely dependent on charity until
they get started in this work.
Other bishops and archbishops prom
iSed financial aid from their diocese to
the Ell Paso bishop.
The hierarchy voted that annual
meetings hereafter will be held at the
university, in November of each year.
Cardinal Hayes of New York, pre-
sided at the meeting.
Evening star., 1928-11-16
ToDAY's ADJUSTMENTS.

Nationally Macbeth" !" tragedy, at 8:15
pm.
Belasco-"The Sacred Flame" new
play by W. Somerset Vaughan, at 8:20
pm.
Strand - "Kuddling Kuties," bur-
lesque. at AIS and 8:15 pm.
Fox-"Caught in the Fog" (dialogue), /,
continuous, 1880 am. to IL pm.
Rialto--"The Magnificent Flirt," at
IL noon, 2, 4, 6, 8 and 10 pm.
CoIumbia--"white Shadows of the
South Seas (sound), at 11:15 am,
1:15, 800, $40, 7:25 and $50 pm.
observation-disclosures of Life"
(sound), at 1875 am, 1880, $3.50, $50,
1880 and 9:35 pm.
Palace-"Docks of New York" at
11:05 am, lao. 1855, 5;35, 7:45 and
10 pm.
Earle-"Show Girl" (sound), at 1850,
am, 1850. 1855, $50, 7:50 and 10 pm.
Evening star., 1928-11-16

German state Railways are operating
% 900 locomotives.
Evening star., 1928-11-16

Little Theater-"Q-Ships," continu-
Gus, to II pm.
Tivol:-"The Cameraman," at 2:30,
AIS, 6, 1850 and 9:40 pm.
Enthusiastically Grip of the Yu-
kon," at 6:10, 8 and $50 pm.
Central-"The Water Hole" at 1890,
2, $3.50, S, $50. 8 and 9:4o pm.
Evening star., 1928-11-16
Doctor Marries Actress.

HOLLYWOOD. Calf. November 16
Gp).-Hazel Mcconnell. stage and screen
actress, was married to DR.. Harold O.
bride, besides being an actress and
sister of Gladys Mcconnell, featured
screen player. is one of Hollywood S
most successful real estate operators,
which activity she will continue upon
returning here from honeymoon trip.
The Washington times., 1928-10-22
ST OCk PRICES
At HIGHER
LEVEL
nv international News Service

NEW YORK, Oct. 22.--An ac-
cumulation of weekend buying or
ders forced prices of most of the
active stocks to higher levels at the
beginning Of trading today. The
turnover was so heavy that the ticker
fell behind 10 minutes, In the first
half hour, speculation having spread
to a widely diversified list. The
rails made a good showing, both IN
activity and price buoyancy. and
most of the star performers Of last
week were ready to resume their
dazzling climb.
Conservatism in the ranks of some
OF the important speculative leaders
stimulated further profit-tak1ng ana
distribution in a number of the
well-known stocks. as the result of
which the market developed an IT.
regular trend near the end or the
first hour. The coppers forged
ahead confidently under the lead OF
Kennecott, American Smelling AMI
Anaconda, with number OF the
low-priced issues like Nevada Con-
solidated and Alaska Juneau in
strong position.
Expectation of a special announce.
ment in the International-Mond
Nlckei companies merger SLuhu'
lated active buying of nickel stock
around 1870, slight advance over
Saturdays close. Katy was again
the leader of the non1dividend rail-
road shares, and reached a new
high for the year above 40 IN ac-
tive trading. Chandler Motors com
mon and preferred sold up about
2 points each, in continuation OF
the movement which had been IN
progress a week or more.
Call money loaned at 6 ~ per cent,
with prospects of good supply OF
funds over the month-end. Com.
modify markets were firm, with cot
ton up 20 points and grain prices
fractionally higher. Copper buying
was in good volume, with producers
predicting Is cents a pound after
the turn of the year.
The Washington times., 1928-10-22
Schiavone Opens Branch

Joseph Schiavone. former presi.
dent of the International Exchange
Bank. who since relinquishing con-
troll OF his financial institution is
devoting his time to his steamship
and insurance agencies in this city
has opened a branch office in Baiti-
more, Md. he announced today.
In connection with the opening of
the Baltimore office which took place
last Saturday. the founder of the
International Exchange Bank. also
announced that he has expanded
his organization with the establish
ment of foreign exchange service
dealing direct with the principle
countris Of Europe as well as an ex-
tensive travel service in connection
with leading steamship lines.
Mr.. Schiavone said that the Balti-
more office was opened in response
to growing demand from his clients
in the Monumental City where there
is a large Italian population. A mum.
Der of Washington friends, among
them bankers. attended the opening
Of the new offices.
The Washington times., 1928-10-22
VS. AND QUOTATIONS OF THE FINANCIAL Markets
LOCAL STOCKS

washington Railway and Electric
pfd,. S4S@1O0A, 30100A.
Lanston Mootype, 200114, 1OQ
ia, 2O0114, 50@114. S.
Mergenthaler linotype, lOW1Uz, ~
O1O2. 2@1O2H. 50102, 100 1924, 5
6D1O2.. 5@IO2K, 5O0102z, 10@102ss,
20O1029s. 10000. 10@102h, GO
1924. 2O01029k, 3@102ss, 200102 II,
2O1025s, 10@102%.
Peoples Drug Stores pfd., S0Q12O,
5@12O, 20120, 50120.
Sanitary Grocery Company pfd.,
AFTER CALL
Potomac Electric 515s pfd., 100
1Og, 10@109, 5000.
Chestnut Farms Dairy pfd., 100
100.
Sanitary Grocery Company pfd,.
506150.
Capital Traction 5s, $1,000@1O11z
Washington Gas IS B. $50@1O71a.
Washington Gas IS A, $1OO@1O5,
$500@106. $500@106.
Potomac Electric IS pfd., 20f13M.
Peoples Drug Stores pfd., 500
1871, 1O01191s.
MergenthaIer Linotype, 20@1O2 IS,
5@1O2N, 10@1O2%. 10@102N, 80
1903.
Unlisted department:
Chapin-Saks IS pfd.. 3@106h.
MoNEY-Call loans, sos per cent.
The Washington times., 1928-10-22
c ORP ORATI ION
TAXES SHOW
DROP
BY HARRY GUSACK
Financial Editor

Income tax collection during Sep
TENDER showed a decrease as com
pared with September, 1927, it was
announced by the Treasury Depart
nnent today. Final figures brought
the total to $490,114.347 as com
pared with 49S,0S9,722 for the
same month last year.
Corporation taxes fell off $Sl
600 the first three months of the
1929 fiscal year. amounting to $3.50.
100000 for that period. Individual
Income taxes, on the other hand'
showed an increase of SIS, 161 900 to
$213 ,006, 900, giving a total collec-
ton of S511 ,007 900, less by $6,7lO,'
900 than the same period in 1870
1927.
Ali internal revenue receipts Tor
the three months were $685. 'VOo'
q decrease of $1S,006.0 900.
Losses on tax collections from
cigars and other tobacco products
were more than made up by a
heavy gain for cigarettes and as
consequence the total receipts were
$112.341.155 for tobacco, gain Of
- 81. 49,, 900 for the period. The
cigarette tax amounted to SSS,434,'
900, a gain of $S.635,000 over last
year. The cigar tax was $6.026,0O0,
$324.242 lower, while chewing and
smoking tobacco resulted in tax
of S15,745,000, which was s6S2, 200
down.
Documentary stamp and manufac-
lures excise taxes Melted S11.?fH niP
a drop of $4,000 owing to the re-
peal or reduction of many of these
taxes in the last revenue act. The
capital stock sales tax brought the
Government S5.606, 900, gain of
$500 900, as result of the unusua.
activity on the stock exchanges. In
September the capital stock sales
tax resulted in collection of $685.
900, a gain of 1892. 900 and a new
record.
Estate tax collections in three
months amounted to $12 215,00O, D
decline of $1.367 900. Amusement
taxes brought in 81 .997 900, reduc-
tion of $1,571 900 owing to cut in
rates.
The September collection of in
come taxes was given by the
bureau at $444. 267 900, reduction
OF but $4,000 from September.
1927. In September the corporation
tax was S275, S15 900, a reduction OF
427 .563. 900, while the individual in
come tax was S16S. 451. 900, a gain
OF S26.s47 900. Neither are at
fected by the. reduced rates of the
1928 law, which are effective for
incomes of, 1923. returns upon
which are, due in 1929