davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-12
STOCK SWINDLERS
SOUGHT IN MARYLAND
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE, March 12.-Stock
swindlers operating in Maryland are in
creasing every day, according to Willis
r. Jones, assistant attorney general,
who has been conducting an investiga-
ton into the alleged violations of the
blue sky law.
In cautioning the investing public
against these stock market sharpers,
Mr. Jones said:
THE scheme frequently and most
commonly employed by these operators
is to organize company and issue a
large portion of the stock to unscrupu-
lous promoters either for no consider
alton except alleged services or for
nominal consideration. They then pro-
coed to sell the remainder of the stock
to the public for cash
This scheme is amply illustrated by
a case which was before this depart
ment during the last year, where it was
shown that the promoter was permitted
to purchase 1000 shares of stock for 81
per share and then proceed to sell the
remainder of the stock to the public at
prices ranging from $25 to $50 per
share. The public actually purchased
shares in this company at these prices
to the extent of about $4,000.
I'm addition, the promoter, who had
paid but 81 per share for his stock, sold
q large number of his shares at the
same price. that is. from S25 to $50 per
share, putting the money in his pocket. "
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-12
BRITISH FIRMS SET UP
LONDON HEADQUARTERS

BY the Associated Press.
LONDON, March IL. -- The years
since the great war have seen remark
able concentration of big business of all
kinds in London. Until few years
ago the headquarters of many great
British industrial, financial and ship
ping concerns were in provincial cities.
The transfer of the head Offices Of the
White Star Steamship Line has drawn
attention TO the trend of shipping to
the British capital. Already all the
railway lines of the country are d.
rected from here. although until few
years ago provincial cities like York,
Derby, Manchester, Edinburgh and
Glasgow We're the transport capitals
British financial institutions show a
similar trend. Some provincial banks
still maintain headquarters outside
London. with only branches here. but
the drift toward the Thames is steady.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-12
Special Dispatch to The Star.
BALTIMORE. Md, March 12-Po-

Special Dispatch to The Star.
BALTIMORE. Md, March 12.-Po-
tatoes, white, 100 pounds. 75al.25.
New potatoes, bushel, 1.50a2.50. Sweet
potatoes, barrel, 150a3.50; bushel LISA
lis. Vans, barrel, 200a3.50. Aspara-
gus, dozen, 6.00a12.50. Beans. bushel,
l.5Oa275. Beets. crate, 2.50a2.75. Cab
bage, transfer, 75a150. Carrots. bushel.
l.25a1.5 so. Cauliflower, crate, 2.00a2.25.
Celery, crate, 1.50a2.25. Cucumbers,
busfel, 3.00a5.00. Eggplant, crate. 200a
400. Kale, barrel, 75a1.25. Lettuce,
bushel, l.25a2.25. Onions, 100 pounds,
3.50a5.50. Peppers. crate, 1.50a3.50.
ParsnipS, basket, Is. Squash, crate,
1.50a300. Savoy cabbage. bushel, 100.
Spinach. bushel. 75a90. Tomatoes. crate,
1.00a30O. Turnips. basket, 50a60. APP
pies, bushel. 75a200. Cranberries, half
barrel, 7.O0a8.00. Grapefruit. box, 2.00a
325. Oranges, box, 2ooa3.25. Tan
gerines. half strap, l.25a3.00. Straw
berries, quart, 25a40.
Hay and Grain Prices.
Wheat-No. red Winter. garlicky,
spot. 1929; March delivery. 1924.
Corn-No. export, March delivery,
no quotations; No. yellow, domestic,
SPOT. 1.10alll; cob corn. 5.25a5.50.
Oats-No. 2 white, domestic. spot. So;
No. 3 white, domestic, spot 57a571a.
Rye-Nearby. l.10al.20.
Hay-ReceiptS, none. While hay Is
arriving here in limited quantities only.
it is more than ample for the demand,
which is being supplied mostly by truck
from nearby points. a few carloads be-
ing received. There is not enough BUSH
ness passing to establish prices on tie
various kinds on merit at range of
l5.O0a16.50 per ton Of timothy or clover
hay.
Straw-No. l wheat. 1100a12.00 per
ton; No. oat. l2.00al3.00 per ton.
Dairy Market.
Poultry-Live, turkeys, pound. 35a43;
old, 25a38; young chickens. 38a45; old
hens, 33a34: Leghorns. 80; capons, IS
a43; ROSTERS. 18a20: ducks, 20a32;
guinea fowl, each, 50al 90; pigeons, pair,
35a40.
Dressed poultry-Turkeys pound. IS
a45; old 25a40; young chickens. asa
40; old and mixed, 30a35; old ROSTERS,
20: ducks, 25a30.
Eggs-Receipts. 1,4os cases; native
and nearby flrsts, free cases, dozen,
30ha3l current receipts, 26a30; duck
eggs. dozen. 38a45.
Butter-Good to fancy creamery,
pound. 47a52; prints, 52a54; blocks, 81
ass: rolls 30a32; dairy prints, 30a32 /;
ladies, Sass; store packed, 29a30;
process butter, 41a42.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-12
New Bond Issues
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, March 1.-THE South
ern Pacific Co., subject to the approval
of the Interstate Commerce Commits
sion, is about to issue $65, 1856 900 prin-
cipal amount of 40-year Az per cent
gold bonds. due May /, 1869, which has
been underwritten by Kuhn, Loeb e.
Co. Each $1,000 bond will have at
tached n-detachable warrant en-
titling the holder to purchase at any
time on or before May l. 1884, three shares
of common stock at $145 per share,
plus accrued dividend at the then cur
rent rate. The bonds are to be offered
to shareholders to the extent of 1712
per cent Of their holdings, as registered
on the company's books April 8, 1929,
at "a per cent approximately ABS per
cent basis and accrued interest, pay
able on May Is, 1929.
A financing group headed by Harris.
Forbes e. Co. in the East and Halsey
Stuart & Co. in the West will offer
soon $50,000,000 principal amount of 5
per cent gold debentures Of the Cities
Service Co, which will carry monde
tachable warrants for the purchase OF
common stock.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-12
BY KENNETH S. VAN STRUM.

NEW YORK. March 12.--One after
noon last week leading sugar reflners
reduced the price of refined sugar to
ATS cents a pound Except for brief
period in 1914 and in late 1921 this is
the lowest price on record.
The reduction proved temporary, how
ever, for it brought forth such a heavy
demand that the price went back to 80
cents the following day. Since this
period of the year often represents the
seasonal low for sugar prices. some be-
lieve that last week saw the years
low for granulated sugar.
Conditions in the sugar industry to-
dav are in sharp contrast with those
| existing in more prosperous industries,
as. for instance. copper. While copper
prices have been reaching new peak
prices, sugar prices have been touching
new lows
The sugar industry, following the
lead of other industries which have
successfully come through difficult peri
DDS OF postwar readjustment. has form
ed trade organization whose purpose
| it is to improve conditions in the in
| dustry. The Sugar Institute, by adver-
Using the food value and uses of sugar,
| is trying to increase demand for sugar.
| 1t also attempts to improve competitive
conditions in the industry
| Today the sugar refiners face a
brighter future than the producers. The
producers are beset with tariff problems,
which will probably not be settled until
Fall, and with an overproduction which
threatens to continue indefinitely. Their
| future is, therefore, rather uncertain.
The reflners, however, at least those
who have a large enough volume of
business SO that they can keep their
profit margins in proper relationship
are expected to show good returns for
the last half of 1923 and the first half
of 1929. Business prosperity, both here
and in Europe, has helped to increase
the demand for granulated sugar, while
the price of raw sugar has remained
at a very low level.
! American Sugar Refining.
American Sugar Refining is the
+, largest and one of the oldest sugar
reflners in the country. 1t does a very
| large part of the cane sugar refining
| business in this country, handles a
| good share of the beet sugar refining
and operates sugar plantations and fac
tories in Cuba. 1t produces about one
| quarter of all sugar consumed in the
! United States.
| Because of unsatisfactory conditions
in the industry in 1927 the dividend
| on the common was omitted While
| accurate information regarding the
| companvs current business is not
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-12
CHICAGO LIVE STOCK MARKET

CHICAGO, March IL CP).-CUnited
States Department Of Agriculsure) -
Hogs-Receipts, $4,000 head market
closed 25a35 higher; top, 1900 paid for
a number of loads of 170-23O pounds;
largely an 1175a12.00 market for de-
sirable 10000 pounds. Butchers, me-
dunn to choice. 250-300 pounds, 11.40a
l190; 200-250 pounds, 1l,60a120O; 160-
200 pounds. 11,35al2o0; 13o-16o pounds,
40 40a12.00; packing sows. 1o.50al1.15;
pigs, medium to choice, 90-130 pounds,
900a1115.
Cattie-Receipts, 5000 head. Calves
Receipts, $500; yearlings and light
steers. active; firm; spots higher; all
grades in demand; stocker and feeder
dealers in the market buying, firm to
higher prices, weighty steers, but slow.
Slaughter classes, steers, good and
choice, 1,300-l 500 pounds, 12.75al450;
l,l00-l 300 pounds, 1300a14.50; $50
LOO pounds, 1300a14,75; common and
medium, $50 pounds up, 9.00a1325; fed
yearlings. good and choice, 750-950
pounds, l3.25a1500.
down, 12.O0al375; common apd me-
dunn, 8.75a1200; cows, good and choice,
900all co. common and medium. 7.00a
900; low cutter and cutter. 5.75a7 90;
bulls; good and choice tbeeD, 9.4Oa
1850; cutter TO medium, 8.00a9.40;
vealers milk fed, good and choice,
160Oa1S.50; medium, l4.00al600; Gull
and common, 1O.00al400; stocker and
feeder steers, good and choice call
Weights), 11.50al2.50; common and
medium, 8.75a11.25.
Sheep-Receipts, $4,000 head; market
steady to Is higher; bulk. fat lambs,
17.25a17.5O; top, 1880; sheep scarce;
steady; feeding lambs steady.
Lambs, good and choice, 90 pounds
down, l6.35a17.80, medium, 15.00al650;
Gull and common, 1l.25al5.00; ewes,
medium to choice, $50 pounds down.
8.25al0.25; Gull and common, 4,00a8.50;
feeder lambs, good and choice, l4.75a
1925.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-12

B'nai Birth supports the Anti-Defa-
nation League. an organization that
fights unjust attacks upon Jews as a
people.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-12
GOLD SHIPMENT.

NEW YORK, March II W1--A ship
ment of 100000 900 in gold from Ger
many, the first of major size since May.
1924, from that country was reported
in Wall Street 10 be on its way to New
York.
The cable rate for the German mark
has slumped to 2372a4, compared to
2374, which is generally considered as
the point where gold can be imported
proftably. The Reichsbank statement
of March 7 shows a decrease Of ap-
proXimately Sll,000.000 in gold coin
and bullion.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-12
COTTON Is STEADY
IN OPENING SALES
Firm Gables and Commission House
Buying Cause
Upturn.
BY the Associated Press.

BY the Associated Press.
NEW YORK, March IL. - Cotton
opened steady today at an advance of
3 to IL points in response to relatively
firm cables and renewal of Wall Street
and commission house buying.
A private report, estimating consump-
ton of cotton in this country for Feb
ruary at $4,000 bales, against 572,875
last year, no doubt contributed to the
advance, which carried May up to 1872
and the new october contract to 20.5l,
or about to 13 points above yester-
days closing quotations in the early
trading.
Realizing was in sufficient volume to
check the advance at these figures, but
the market was steady at the end of
the first half hour and within S or
points of the best.
Private cables reported trade calling
with London and Bombay buying in
Liverpool and said that more cotton
cloth sales were reported for China.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-12

available, it is believed that earnings
have improved rapidly since that time.
In some quarters the optimistic esti-
mate of $40 share earnings Tor 1926
Is being forecast.
The company has recently improved
the position of the common stock by
refunding some of its bonds With pro-
ceeds from the sale of its Wall street
building. The company is In a position
to resume dividends on the common.
which were formerly SIS, as soon as
earnings warrant. While average earn
ings over the past six years have av-
eraged more than $40 share on COM
mon. they were partly due to profits on
outside investments.
While American Sugar common may
again sell upon the investment basis
it enjoyed years ago, it should be OBJ
served that its price has f1uctuatea
widely in recent years. During each of
the last eight it has dropped to SOS
or below.
Great Western Sugar.
Great Western Sugar, one of the
largest beet sugar companies In the
world, produces about one-eighth of the
sugar consumed in this country. Most
of it's plants are located in Colorado,
Nebraska, Montana and Wyoming, the
great beet sugar section.
The stock has fluctuated over
rather wide range in recent years and
each year it has sold down in the
lower 3os or slightly below. Average
earnings for the past sixe years have
been 1891 a share on the presen,
stock, which is now paying dividends
of $3.50, showing yield of rs per cent
at present prices.
Although 1927 earnings were only
81 SO a share, it is estimated that the
company will earn $3.50 in 1928. Re-
Gently the financial position of the COM
pany was strengthened by a reduction
of bank loans Great Western is one of
the sugar companies which would ben
eft If the sugar tariff were raised.
National Sugar Refining of n. J.
National Sugar Refining is console
cation of a number of refineries operat-
ing in the vicinity of New York, with
easy access by water to Cuba and Porto
Rican producers. American Sugar owns
quarter interest in the company.
Detailed operations of the company
are lacking, as with many many other
companies listed on the curb. 1t Is
known, however, that 1927 profits were
40 cents a share, $5.94 in 1926 and S3.al
in 1925 While official earning estl-
mates are lacking, some quarters say
that earnings for 1923 will exceed any
previous year. The stock has just been
placed on 50 dividend basis, which
might lend some confirmation to the
earnings forecasts, but the lack OF IN
formation makes the companys stock
rather speculative.
While conditions In the sugar re-
fning business seem to be improving,
boom conditions are not expected, be-
cause of the unsatisfactory condition OF
the producers.
(Copyright, 1927
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-12
CHICAGO DAIRY MARKET.

CHICAGO. March IL LP.-Butter-
Lower; receipts. l0.767 tubs: creamery
extras, 49ii; standards. 48A; extra
firsts, 48a48la: firsts. 47a47l2; seconds,
45a46ia. Eggs. lower; receipts. 1851
cases: extra firsts. 28a29; firsts, 27i2;
ordinary firsts, 25a26.
Poultry-Alive. firm: receipts. 2 cars;
fowls, 29a33; Springs, "a; broilers, Asa
4S; turkeys, 30; ducks, 24a30; geese, q.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-12

Floods have heen doing damage in
p. parts Of Ireland.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1929-04-11
1ST CHARGE MADE
IN DRY LAW
st. Paul Federal Grand Jury
Names Forty in lndict-
mentS.

st. Paul-The first Minnesota in
dictments under the new Jones law,
increasing sharply the penalties for
prohibition law violation, were return
ed here by the federal grand jury forty
persons being named in twenty--nine
true bills under the new law, out of a
total of sixty-eight indictments re-
turned. The other thirty mine indict-
ments were for thirty-nine persons ar
rested before the Jones law became
operative. The indictments were in
Guided in the jury's final report made
to District Judge John B. Sanborn.
or the Twenty-Five Jones law indict-
ments, fifteen named twenty-one St.
Paul persons, 10 named fifteen Min
neapolis persons and four named four
Duluth defendants. Most of the true
bills were secret because most of the
persons named either are not in Gus.
tody or have not yet been arraigned
before United States commissioner.
Several other persons, none liable to
prosecution under the Jones law, en-.
tered pleas of guilty to liquor law vic.
lations and were sentenced by Judge
Sanborn.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1929-04-11
STURGEON LAKE

The baseball dance held in the viii
lage hall Saturday night was huge
success Ninety-six dollars were the
net returns for the baseball treasury
The music was furnished by the Har-
mony Twins of Cromwell and it was
augmented at times by Jack Cunning
ham at the piano and Phil Anderson on
the fiddle. Everyone present expressed
themselves as having a good time and
baseball boys decided to hold another
dance in the village hall Saturday
evening, April Goth.
Mrs. Hartley Gray was severely
bruised Sunday morning, when she
of her home. DR.. Ehmke was sum-
moned and he discovered that she had
fractured some ribs and had broken
her collar bone.
G. E. Olson and A. w. Carlson went
to st. Paul Wednesday of last week.
to attend a meeting of the Minnesota
Association of Amateur Baseball
Leagues.
Hiding Gustafson returned to his
home Saturday, after spending the
winter at Harris working in a saw
mill
Father Meyer left for southern
Minnesota Sunday, to attend the flu
neral of nephew who died the latter
part of last week.
GLADYS and Ruth IIppren members
of the junior class at the Moose Lake
high school, took part in the junior
class play given at the high school
Friday evening. A large number OF
local people attended the play and
many comments on the excellent per-
Torrance were heard
Mrs. H. Cunningham, Ruby and
Monroe Cunningham, and Mrs. Louise
Olson motored to Duluth Sunday Mrs
Olson has been visiting here for some
time and returned to Duluth, where
she is now making her home.
Mrs. A. w. Carlson, Edna Hedlund
and Ina Gustafson motored to Duluth
Saturday on shopping trip.
Miss Helen Okronglis, daughter OF
Mr.. and Mrs. Joe Okronglis, after
having spent Easter and a week more
with her sister and brother-in-law
Mr.. and Mrs. Elmer Olson at West
Duluth, returned home Saturday after.
noon. Helen reports that a fine time
was had.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1929-04-11
PLAY WELL ACTED
BY BROOK PARKERS
Senior Class Play-"The Road to the
CITY," Draws Full House and
Favorable Comments.
BY HJALMAR PETERSEN

1.-THE Road to the City''-a play with
humor and pathos and play with
good moral, was well presented by
the high school students of Brook
Park in the Community theatre OF
that village Friday evening, before
full house.
The chief character of the play is
Jet Sanderson, country girl at the
crossroads, young and pretty and with
the world before her. This part was
we'll acted by Dorothy Christensen
Her widowed mother, Mrs. Sanderson
acted by Vera Parsons, wanted her to
marry a wealthy man, and thus be
free from worry, and live a life OF
luxury, the mother having had her
trials and tribulations in life. The
wealthy man was Richard James
from the city, acted by Herman Gross
The second and third acts of the play
are a dream where it shows that Jet
was married to the wealthy man, OF
who was to inherit much wealth from
his father. They lived unhappily. The
last part Of the play, which is reality
shows her being united with the man
of her choice, Robert Darnell-a
young country physician, acted by
Harold Stephan.
Jack Hermann as Jud Judkins, a
young farmer, was the humorist, and
did his part very well. He had the
| audience in roar of laughter many
times with his silly pranks anG
through his love making to Toto Lee
also country girl at the crossroads
Elizabeth Ravnholdt took the part Of
this young maid with vim and vigol
that made the scenes pretty and home
like. Lou Ella Towle was very becom
ing and pretty as Lilly Morton, the
sassy and smart girl from the city
Arthur Mittlestadt as John James
Richards father; Bobby Mankin as
Duke, a man of mystery and with the
English brogue don't you know" anG
Viola Swedlund as Marie, lady's
maid, all lent color and action to the
play.
AS a whole the young folks did very
| well and the play was a credit to the
performers as well as the instructors
Before the play and between acts
the audience was entertained delight
fully with music by the high schoo
orchestra and piano solos by Miss
Shaske.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1929-04-11
RUTLEDGE

Mr. and Mrs. L. d. Jones spent
Sunday at the M. E. Cox home at
Hinckley.
School re-opened Monday after the
spring vacation. r., 81.
The Rev. Lambert of Duluth, the
presiding elder of this district, con-
Quoted services in the M. E. Church
Sunday afternoon.
Mr.. and Mrs. H. S. Underhill of
Sandstone, visited at the Underhill
home here Sunday evening.
Mr. and Mrs. G. p Nelson of Gro
ningen. came here from Duluth Mon
day to spend the week at the l.. D.
Jones home.
Miss Ann Mcnamara returned to
Duluth Sunday to complete her high
school course. Her brother, Pete, mo-
tored here with her. She was also
accompanied by Tom Mcnamara,
Pete and John Guss, the trip being
particularly interesting for Pete and
John. as it was their first visit to
Duluth.
Joe and John Guss spent their va
cation at Sturgeon Lake with their
sister, Mrs. Geo. Cich, returning Sun
day, accompanied by Mr.. and Mrs
Cich.
The Jake Van Reese family have
purchased and moved into the Pfoten-
hauer house last owned by Geo. Cich
Mrs. M. Steen went to Duluth We'd
nesday to visit the Misses Mae and
Ann Kepler and also her sister.
Mrs. L. Kepler is entertaining her
brother, and his wife and daughter.
Another old land mark is disap-
pearing. The section house across
from the depot was purchased by a
party from East End Superior, and
is being torn down.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1929-04-11
BRUNO

Mr.. and Mrs. Clarence Breiland
and Mr.. and Mrs. Albert Breiland of
Minneapolis, are spending few days
at the home of the mems parents, Mr.
and Mrs. Nels Breiland.
Oscar Nelson of Duluth, spent the
weekend at home.
Mrs. Olaf Nelson is sick in bed at
this writing.
Miss Stella Wallner of Dickinson
N. d., returned home last Thurs
day.
Presbyterian Notes-Sunday school
at 9:45, church services at II o'clock
C.. E. at 1870. Bible study Tuesday
evening at the home of Mrs. Jacob
Smith. Choir practice Wednesday
evening at the manse.
Mrs. Jacob Smith, who spent the
most of the winter at the Adams
home, returned to her own home
Tuesday.
Clarence Storebo, who has spent the
winter in Loretta, Wis, returned
home last Thursday.
Miss Edith Olson returned home
Monday from Askov, where she had
spent the weekend.
Bill Rupp returned from Detroit
Mich, where he has worked for some
time.
Mrs. Carl Anderson returned from
the Twin Cities Friday
Anna Brandt and Mrs. Won Schenk
were in Sandstone Monday.
Mrs. Seabloom and family have
moved onto the place where Chas
Jackson used to live.
Mrs. Eklund and Oscar, and Mrs
| Englund were in Sandstone last
Thursday having dental work done
The Rev. Fillinger, ]. H. Lingren
| and Mr.. Starch attended a Presbyter-
ian meeting in Duluth Monday and
Tuesday.
Richard and Shirley Pilrain of Du.
quette, are guests of their uncle and
grandmother.
Mrs. James Steele and son and
Miss Anna Brandt spent from Mon.
day until Friday in Superior
Miss Anna Brandt was in Sand.
| stone Friday.
Mr.. Charpentier and children of ST
Paul, have moved onto his farm known
as the Reese Davis place.
Mr.. Metcalf from up on the range
has taken charge of the section here
Rudolph Lund of Virginia, spent the
weekend at the home of his parents
L. o. Lund went to Lindstrom Tues.
day
| The sixty-fifth wedding anniver.
sary of Mr.. and Mrs. Saasted was
celebrated Saturday evening at their
| home. Mrs. Saasted is able to be
up some of the time now and en-.
| joyed the neighbours visit.
They all had very fine time anG
good eats were served
A surprise birthday party was given
| at the home of Mr.. and Mrs. Marihart
| last Thursday evening in honor OF
Mr.. Marihart. They had a very pleas
| ant time and enjoyed the fine lunch
VIM. Marihart was in Sandstone
Tuesday and hauled home truck
load of wire and nails
John Armstrong spent Sunday al
home.