davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-01
OYSTER INDUSTRY
IN ACTIVE SEASON
Potomac River Tongers Re-
port Current Earnings of
$40 Per Day.
Special Dispatch to The Star.

special Dispatch to The Star.
BALTIMORE, November 3o.-Poto-
mac River oyster tongers report that
they are making as high as $40 a day,
Swepson Earle. conservation commits
sioner, said upon his return from an
inspection trip in that section Of the
State. Mr. Earle said the tongers, ind-
ing longing more satisfactory than
dredging, declare they are facing one
of the best markets of their history,
with crops yielding as much as $3.50 a
bushel.
He expressed belief that the three
inch Gull law of 1927 was responsible
for better prices to the oyster1nen.
Good Oyster Crop.
The commissioner said:
THE Maryland tributaries of the Po-
tomac, st. Marys and st. Georges
Rivers. Breton and st. Clements Bays
and Wicomico River have a substar-
tial crop Of good oysters, which are
selling as high as $3.50 a bushel. This
Is enc of the best markets they have
ever experienced in the Potomac and
two men in a boat are making between
$50 and $40 a day.
: am more convinced than ever
that steps must be taken by MARYLAND
and Virginia to reshell and plant seed
oysters on the bottoms Of the Potomac
and the bottoms must be given a rest
while re"uperating. It is believed that
this may be done without interfering
seriously with the livelihood of those
resorting to the Potomac by CLOSING
certain bars, as they are shelled, for
periods sufficiently long for the young
growth to mature.
ION Swan Point, one of the most
famous bars Of the Potomac, it was a
common sight to see 800 dredge boats
from Virginia and Maryland at work
Now 1t supports less than 80 boats, and
Cobb Point bar and the mouth OF
Wiconlico River are so barren of any
spat collectors that no boats go there
at all.
Rehabilitation Urged.
"The Potomac River proper should
produce oysters worth 81 100000 to the
two States and with the great demand
for the bivalves and the accessibility to
the markets of Crisfield, Cambridge
and other tidewater shipping points
there is no reason why this important
tributary should not be made to pro-
duce as heretofore.
II talked with number of persons
at. Colonial Beach, and feel that
sentiment in Virginia is strong for
some concerted action on the part of
the Legislatures of the two States to
provide for rehabilltating the industry
Of this river"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-01
BONDS HELD GOOD
AT PRESENT LEVELS
Special Dispatch to The star.

NEW YORK, November 3o.-Al-
though reactions in bond prices may
occur, this is a favorable opportunity
for the accumulation of long-term
issues for permanent investment, in the
opinion of the Brookmire Economic
Service. which cites as reasons for this
belief the sharp drop In stock prices,
the great reduction in brokers' loans,
reduction in money rates, considerable
contraction in the demand for many
kinds of commodities and a declining
trend in commodity prices.
Widespread apprehension concerning
the safety of common stocks caused by
the stock market crash will undouht-
edly turn considerable volume of in
vestment capital into more conserva-
tive channels and will increase the de-
mand for bonds, says the review.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-01
Special Dispatch to The Star.
by 7. A. FLEMING.

Unuuestionably there will be many
proposals made at the regular session
of Congress, which assemblies tomorrow
having to do with amendments to the
Federal Reserve act. Debates thereon
are sure to be long and warm, accord
ing to whether the measures have to
do with radical suggestions or only
slight changes.
The action of the Reserve Board in
its now famous warning" to brokers
and spectators caused much argument
as to whether the board had any au-
thority in the matter of Wall Streets
credits. and while the question has never
been settled, 1t has caused much hard
feeling and much difference Of opinion
among the bankers and brokers.
Many hearings and a great diversity
Of opinions will be held and result
therefrom before the House banking and
currency committee, and these hear
ings, with the most important banking
talent in the United States on guard
against real harm coming to the Federal
Reserve act, will be an assurance against
such catastrophe.
Unquestionably, branch banking In
all phases will be debated, as many
bankers today favor the removal OF
restrictions limiting branch banks to
q y
wide limits, partially as a precautton
against weak country banks and con-
sidered by many as more desirable IN
practice than the so-called group bank
ing. which some have recommended.
Brokers loans, always tender Ques-
ton concerning. which the general pub
lie and laymen who have given thought
to topics Of the Street have but pass
ing knowledge, will be subject
of dominant interest.
Loans on Life Insurance.
One Of the effects on the recent panic
in securities has been the great increase
in the borrowing on insurance policies
reported by agents Of these corporations
and bankers as well.
It seems as II nearly every one was
hit in some way In the recent crash
and hurt more or less seriously, those
who bought for cash in lesser degree,
perhaps, than margin traders.
Then, too, many seeking to take ad-
vantage Of the decline in values on the
theory that the low point was reached
and found their applications for loans
refused by their bankers, who were
adamant in their purpose not to en-
courage speculation, had recourse to
their insurance policies as a means OF
raising the needed cash.
Bankers, too, have received many ap-
plications from would-be borrowers,
rendering insurance policies as col
lateral.
on the question Of making loans on
this security bankers do not agree
Some consider the life insurance policy
as good collateral for its surrender
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-01
BANK CLEAR|NGS
IN D. c. SHOW GAIN
Total for Eleven Months Is
$59,571,90s Ahead of
1923 Period.
BY EDWARD C. STONE.


r-nk clearings in Washington for the
first II months of the present year are
S59,57l ,9o895 ahead Of the correspond
ing period in 1928, according to reports
completed yesterday by the Washington
Clearing House Association.
Clearlngs IN November revealed a
slight falling off over the same month
in 1923 ana were also below the high
total in October. The decline over
November year ago was S2,444, 507.l2.
Retail Trade Good.
Clearings through the local associa-
ton in November totaled S120.26l, 1871 60
in comparison with S122,706, 2448l in
November, 1928, according to the rec
ords kept by the manager, Charles E.
Bright. Clearings in the previous month,
October, were S137 ,969 293,75.
Good retail trade during the first II
months of the year is given as one OF
the chief reasons, perhaps the leading
reason. for the increase in bank clear
ings over last year. The modest falling
of in clearlngs in November is not
explained by any outstanding factor.
A slight trade recession, the fact that
the Washington Stock Exchange was
closed an unusually large number of
In the New York stock market are men
toned as possible reasons for the lower
figures.
Holiday Trade Reaches Stride.
Christmas trade is now getting into
full swing, the local stores being crowd
ed every day. December clearings are
expected to make an excellent showing
and help keep the total for 1929 far
ahead of 1928. The substantial gain for
IL months, combined with the coming
December figures, is certain to hang
up higher total than was recorded last
year. Local clesrings in December last
year were S129,e81 ,41241. That figure
should be approximated again this year,
as the December clearings nearly al
ways run ahead of the November total.
Clearinys so far this year will cause
much qualification among bankers and
merchants. The total proves that bust
ness has been expanding steadily in
Washington in the past IL months.
Comparisons of local bank clearings by
months with the corresponding months
a year ago follow:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-01
FARM INCOME REFLECTS
DEGREE OF MANAGEMENT

BY the Associated Press.
AMES, Iowa, November 3o.-A strik-
Ing relationship between methods of
management and the income from
the farm Is found In a study of the
records kept by IS farmers in Webster
County in cooperation with Iowa State
College.
The four high farmers made a man
agement return, margin Of profit above
Interest on invested capital and hired
farm showed q management loss of
e942.
Economists found five definite stand
ards on which efficiency of the farm
may be judged-acres operated, re-
turn per 81 Of feed fed to live stock,
value per acre Of crops, crop acres per
man, and power and machinery cost per
crop acre.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-01
CHICAGO LIVE STOCK MARKET

CHICAGO, November 80 Up UNITED
States Department of Agriculture) -
Cattle-Receipts 1000 head; compared
a week ago weighty fed steers lost last
weeks late upturn closing nearly as low
as low time last week; yeariings and
TO unevenly higher: commons to me-
dunn light steers advancing so cents
or more: fat cows and heavy heifers
lost rs to so cents. but light hsifers
sold strong TO higher in sympathy with
general scramble for light yearlings. low
and strong weight cutters lost Is cents,
this class as well as fat cows falling to
new low levels for season; Western
grass run very short; this tending to
boost stockers and feeders IS cents or
more: bulls held steady; vealers ad-
vanced so cents to 100. Practical top
weiEhty steers, 1850; heavy or prac-
teal top yeerlings. 1900; numerous
loads show yearlings, 1880 to 1925;
best, 1850.
reefs; two doubles from feeding stations.
BY the week SO doubles from feeding sta
tions, 1000 direct; compared week ago
fat lambs IS to 40 cents higher; fat
ewes unchanged; top native lambs,
1880; fed Westerns, 1898; yearlings,
HOO; fat ewes, 500; late bulk prices;
fat lambs, 1915 to 1925; yearlings, 900
to 1000: fat ewes, 525 TO 5.75; teeding
lambs unchanged, bulk good to choice,
1900 to 1880.
Hogs-Receipts, 1000 head. including
$500 direct; market weak to 10 cents
lower; top, GAO; bulk. good to choice
10000 pounds, 900 to 9.35; shippers,
1000; estimated holdovers, 1000;
butchers, medium to choice, 250-300
pounds, 900 to $40; 2o0-25o pounds
p.lo to GAO; 10000 pounds, 8.85 To
e.35; 13o-le0 pounds, $50 to $50 non1i-
nal; packing sows, 500 to $50: pigs
medium to choice, e0-130 pounds, s.25
to eco nominal.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-01
WESTERN MARYLAND RY.

BALTIMORE, November 80 (Spe-
ciaD Net income of $2,44e,945 report
ed by the Western Maryland Railway
Tor the 10 months ended october 80,
after taxes and charges, is equivalent
to $3.50 a share on l77,42o shares of
per cent preferred stock, on which no
dividends have been paid.
Allowing for only regular dividend
requirements on that issue and 4 per
cent on 72,2l0 shares of 4 per cent sec
ono preferred stock, the balance Is
equal to $225 a share on 52l,o70 shares
OF common stock. This compares with
$ll.O9 a share earned on the flrst pre-
1erred and $1.33 a share earned on the
common n in the corresponding period OF
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-01
Totals sl,365 ,sl6,Oes 1896, nan
Assumes New Exchange Duties.


Assumes New Exchange Duties.
James NJ. Johnston, recently elected
treasurer of the Washington Stock Ex-
change, has already commenced his new
duties. Mr.. Johnston is a member of
the firm of James NJ. Johnston & Co.,
an investment banking house, which re-
Gently took over the business of Irving
& Johnston, James H. Lemon now be-
ing a partner. The investment COM
pany recently moved into the new
Shoreham Building.
The exchange treasurer is a director
In the Liberty National Bank and in
the Federal Storage Co., also vice presi-
dent and treasurer of the same corpo-
ration. He is a graduate of the Uni
versity Of Illinois and during the war
was pursuit pilot in the A. E. F. Army
Air Service Mr.. Johnston is a mem
Der of the Columbia Country and sew
eral other clubs
The address of Merle Thorpe, editor
of the Nations Business, few days
ago, made a most favorable impression
on the local bankers who heard him
At one point in his talk Mr.. Thorpe
said:
Advertising, which is mass selling, is
one Of the three important contributions
TO our present-day industrial life. It
Mass production is the base. 1t came
first. Industry then realized that mass
production could not be sold by con-
yentional methods. 1t set too swift a
pace for an age Of commercial trav-
elers, Just as the age of commercial
travellers had been too swift for the
man who peddled his own product.
so American ingenuity erected the
second side Of the triangle-mass SELL
ing. It used page in national maya
inc or newspaper to supplant thousands
Of statesmen. 1t shortcut the whole
distribution process. It led the way for
the third side Of the triangle-mass
credit. And mass selling today has as
its third opportunity the protection OF
the other two sides Of the industrial
triangle-mass production and mass
credit.
up then, advertising, and tell us
again and over again, Of the new things
that 1880 holds for us. Make US dis
contented with the clumsy and the
out-of-date. Arouse in us desire which
viii give us no peace until we acquire
by hard and intelligent work those new
and better things"
Care Urged in Stock Buying.
The break in the stock market has
produced the most favorable accumu-
lation period seen in the last five years
in the opinion of the Brooknire Serv-
ice. While recommending substantial
purchases of carefully selected stocks
this service does not advocate any rush
to buy, holding that there will be
plenty Of time to invest carefully.
I'm the several months to follow the
October break We feel sure that stocks
will be, broadly speaking at the bot
tom-in the buying zone" the latest
analysis says. I'VE suggest that stocks
be bought in this period under de-
liberate program of gradual accumu'
lation.
Care should be exercised to secure
stocks at attractive levels. Bidding ur
on sharp rallies should be avoided. Al
available funds should not be invested
at one time"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-01
VASSAR ADOPTS GROUP
PLAN OF INSURANCE

Another educational institution to
provide group insurance for its faculty
and officers of administration is Vas
sar College. The college pays the en-
tire premium on the first ST 900 of each
policy for the first three years. Addi-
tional group insurance ranging from
$4,000 to $4,000 may be secured by those
employees who desire it, the premium
cost to be shared between the college
and the insured,
The trustees of the college also an
nounce approval of a plan to provide
supplementary annuities for faculty
members affected by the recent reduc-
ton of retiring allowances from the
Carnegie Foundation.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-01
BANK STOCK PRICES
IN QUICK CHANGES
New York Issues Reveal Unusual
Fluctuations During Month
Just Ended.
Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, November 30.-Al-
though trading in the New York bank
stocks market was quiet during the
closing days of November, study Of the
record Of operations for the full month
shows some wide ranges. According to
a weighted index compiled by Holt,
Rose g. Troster, the average for IA lead
ing stocks dropped from 1872 on Novem-
Der 4, to 148 on November ID, and re-
covered to lit on the last trading day
In point Of percentage the decline TO-
tailed 1862 per cent ana the recovery
from the low amounted to 1875 per cent.
Based on closing bid prices the range
Fa,. +Ian ,,aoyath follows.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-01
GRAIN VALUES SOAR
IN CLOSING RALLY
Increase Of More Than Seven
Cents a Bushel Occurs
at Chicago.
BY the Associated Press.

CHICAGO, November 80. Quick
right-about-face action of the wheat
market in the late dealings today
hoisted prices to more than I cents a
bushel above quotations current Tues
Day. Earlier today the wheat market
tenoeo downward. as a result largely of
nnonth-end liquidating sales. During
the last part of the day, however
sellers Of wheat became scarce and
with predictions going around that De-
cember deliveries here Monday would
prove to be small, possibly not more
IMAM 100000 bushels, the market rose
rapidly.
Wheat closed strong, 21s to 27s net
nlgner. Corn closed 70 to 11e, oats at
sea12 to 70 advance and provisions
varying from cents decline to a rise
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-01
CHICAGO DAIRY MARKET.

CHICAGO, November 80 (P.-Butter
6rmer; receipts, 1895 tubs; creamery
extras. az; standard, 1917; extra flrsts.
40 to Al; flrsts, 81 to 38ia: seconds, IS
to 35l2. Eggs firm; receipts, 1868
cases; extra flrsts, 81 to So; graded
firsts, 46 to 40; current firsts, 40 to AZ;
ordinary f1rsts. 81 to SO; refrigerator
extras, 80 to ss1s; refrigerator flrsts,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-01

In total decline Mammalian, GUAR
anty, City, Equitable, New York Trust
and Corn Exchange showed the largest
fluctuations, while the recovery was
headed by Guaranty, Bankers, Central
Hanover, Manufacturers and New YORK
Trust. At the close of trading Novem-
Der 81 a vigorous rally showed evidences
of a firm undertone in the market.
Offerings which were relatively light
found a ready response on the buying
side and final quotations were at the
high point for the day.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-01
Grocery Sales Gain,

NEW YORK, November 80 R).-Sales
Of the Economy Grocery Stores, New
England chain store organization, for
the four months ending october 81 to-
tailed 81 $4,000. q gain Of 43 per cent
over the same period last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-01
PARTs-ACCEssoRY INDUSTRY.

NETWORK, November 30 CR).-The
parts accessory industry slowed up in
october in line with the decline In car
and truck production, and this recession
is expected to continue throughout the
rest OF the year, according to the Motor
o. equipment Association, which adds
that because of the unusually large vol
ume OF business during the first seven
months the decline is not considered in
an unsatisfactory light, and that the
tul years business will reach record
proportions
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-01

Thomas Hale, who has been connected
Wltn the New York Cotton Exchange
I2r more than IS years and secretary
since 1918, has resigned. He VIII reside
at Tucson, Ariz.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-01
POTATO MARKET.

CHICAGO, November s3o.-CUnited
States Department of Agriculture) -
81 cars; total United States shipments,
461 cars; practically no trading account
of weather; market nominally I'M
changed.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-01

Chile is the second largest producer
OF copper In the world.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-01

The egg of an ostrich weighs on the
average three Slld half pounds.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-01
Butter and Egg Prices.

THE egg market is due for a drop"
said a wholesaler, land short cold
spell is not likely to have any material
effect upon the market. Prices may
advance a few cents should the weather
continue any length of time, but the
advance will not hold"
Several changes of a fraction of a
cent in butter prices during the week
did not materially AFFECT retail prices.
Very few changes in meat prices were
reported. Cold weather has ushered in
the season for hog killing in nearby
Maryland and Virginia, and numerous
farmers are selling their supplies at re-
tail in the local markets.
Demand for pork and pork products
always increases when cold weather
appears, according to dealers, and re-
Continued on Ninth Page.)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-01

Continued on Ninth Page. }
The Washington times., 1929-01-24
It's GrolOing!

The shoulder-length bob il taking
real place among fashions OF the
hour for the younger set. In many
high schools and colleges, more than
half the girls are letting theirvhair
grow to the new length. This style
~ worn by New York city girls is
shown in the above photograph Of
MISS Edna Rabbe, 1925 Avenue q.
Brooklyn.
Miss Rabbe says: II am certainly
9elighted that let my hair grow
20 the new length now that have
found a way to keep 1t easily man.
ageable ana attractive, My hair is
ever so much fluffier and more
vigorous than 1t has been for a long
time. And ii is free from all
traces Of dandruff, now. / yattrib.
ute its Improvement to the method
am using to care for it. It's SO
popular among the girls in my set.
All we do is put 4 little Danderine
on our brushes whenever we use
them. This makes my hair 30 easy
TO dress any way I want 1t and
holds 1t in place as ] arrange IT,.
Danderina soothes my scalp and
keeps 1t and my hair 20 clean. 1
don't need to shampoo more than
twice q month, now. And all my
friends admire the way it makes
my hair so bright and sparkling. :"
Danderine does more to bring out
the natural color. the CLEAN and
lustre Of your hair. than shamppos
or brilliantine, It removes that
oily film from 1t, gives it new life
and lustre. 1T cleanses and invig.
0rates the scalp: helps overcome
dandruff. Danderine Is delightfully."-
fragranced; isn't oily. doesn't show.
All drug stores have the generous
35c bottles.
The Washington times., 1929-01-24
MOVIE STARS
LIKE THEIR
THEATER
By DOROTHY HERZOG
Copyright, 1898, By Premier
Syndicate, Inc.1

~
HOLLYWOOD, Calf. Jan. 24.--
Forrest Haises pauses from a
state Of scenarioration to remark
that one doesn't have to be crazy
to go into the movies-but II
helps
Two Premiers yesterseve OF in.
terest: 'The swan" and Ruth
ST. Denis in terpsichore concert
The first, in particular. brought
forth the flicler-ites in bibs,
fuckers and applause. The lat
ter was deseryed--highly so. Per
I formances by Edward Everett
Horton, Ralph, Forbes, Lois vii.
son, Marie Dressler. Mary Forbes,
Mitchell Harris, and Jessie Arnold
,Here excellent. Indeed, The
Z" Swan" marked the finest con-
tribution to a Los Angeles stage.
Ed Norton. also a ceiluIoid fav-
Orite, launched his theatrical or
ganization at the Vine Street The
ater some months ago. IL sue
ceeded from the start. due to Horr
tons own histrionic abilities, fine
supporting cast, and his willing.
ness to sacrifice the liHnelight to
play and company upon occasion.
The theater hereab0uts Is just be-
ginning to be in its infancy. Hence,
in years to come, should it sur
vive adolescence and enter con-
tented state OF maturity, Eddie
Horizons name will be embalmed
. in print as the theatrical pioneer
in a city that brings up its young
and its grandparents on celluloid
SKINNED milk. !.
Among those at "The Swans"
premier were Bebe Daniels and
Finance Ben Lyon; Norma Tai.
nadge and Gilbert Roland their
first public appearance since
returning from EuropeI; Mr.. and
Mrs. George Fitzmaurice, she
being Lois Wilson's sister: Ruth
Chatterton. recently reconciiled
with husband Ralph Forbes; Mr..
and Mrs. Edward Knopf, he being
related to the Borzoi Books by
mother: Jane Winton and Charles
Kenyon; Hedda Hopper. Laura
Hone Crewes, Paul Bern, Willis
Goldbeck, Howard Green. Mr.. and
Mrs, William Setter Laura La
Plante); Mr.. and Mrs. Mervyn
Leroy EDNA Murpheyl; Gregory
Lacava, and others mayhap of
electric light interest. Really a
swell eve.
Not being twinsand It would
be lovely to be twins at times
didn't get to the Ruth st.
Denis Premier, but the sleuth
for this column vows twas IA
feetful delight. Jetta Goudal
went. Likewise Patsy Ruth Mil
ler and Tay Garnett. Tay's a
director and. conner and the
two are that way about each
other just now.
The Washington times., 1929-01-24
When The Feature
Is Shown

FOX-Dolores del Rio and
Charles Farrell In THE Red
Dance. at 1l:56, 2:16, 4:s6, 7:S0
and s:4s.
EAkLE--Jack Holt ana Ralph
Graves in Submarine, al 1895.
l:25. S:25, 5:25. TBS and 9.25 0. m.
PALACE-Emil Jannings in
Sins Of the Father" at 1905,
1885. $50. 5;25. 7:4O and s:55 b. m.
NEUTRALITY-SUSPICIOUS. irish
Rose, sound picture, ait I1:O5.
1;Ob, 500. 500. 7:05 and 9:10 p. m.
COLI MBIA - Paramount,s
Sound epic q the air, .WingsE
at 1000. 1910, 2:s0, 4:40 TOO and
eco 3. IA.