davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-08-11
BY CHARLES r. sPEARE.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, August 10.-The con-
tradictions in the present confused
credit and speculative markets of the
world were expressed in new form this
week, when the Bank Of England failed
to raise its rediscount rate, although
It's reserve. position justified 1t, while
the Federal Reserve Bank of New York
advanced It's rate from to 8 per cent
and q stock market that appeared, to
have no top came down abruptly.
The international policy governing
money rates is difIicult to analyze or
interpret. The situation is q triangular
one, in which New York and London
appear to be working together against
their common competitor, Paris. This
is q change from the status Of two
years ago. when a low rediscount rate
Of Federal Reserve Banks was eShab-
lished in the interest Of general none
tary sterilization In Europe, from
which London expected at that time to
be the chief gamer. Since then France
has gone back on gold basis and has
so strengthened her credit by thrift
and economy that she controls the gold
market Of Europe today. and at will can
effect extremely embarrassing con.
ditions In New York.
o~VrS @yS nbBHs
It has been apparent for some time.
however, that lower rate was illogical
so long as call money ruled between
8 and IL per cent at q season when
the minimum rates Of the year are
normally to be expected and when
time loans had completed the cycle of
decline from 9 per cent last Spring to
7i1 per cent In July and then back
to per cent. Wall Street had become
Indifferent to money rates, quite cheer
fully paying the maximum figures and
ignoring the weekly expansion in the
brokers' loan figures. The average price
Of industrial and public utility stocks,
which had dropped 81 points in the first
three weeks of May, had advanced SIS
points to q new high top last Monday
With a 5-point reaction following. it
had started up again on the old scale
when the rediscount rate advance halt
ed 1t.
Each one OF the four sharp declines
in the stock market since last November
has been due to some feature of the
money situation. In December. March
and in May it was the extreme call
rate, and with 1t the scarcity Of funds
that brought about liquidation. This
weeks reaction was forced by the adj
vance in the discount rate, although
the actual Street rate was lower than
1t had been recently.
In all Of these market situations there
has been, however, some acute Specu-
lative condition that has Influenced SELL
ing to Q greater extent than the
money rate. Usually this has been the
overloaded position Of pools in one stock
or in q group of related stocks and with
this congested market for out-of-town
securities.
Wheat Breaks With Stocks.
Last week witnessed violent I'D.
vance in the so-called insult Public
Utility stocks centerins in Chicago. This
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-08-11
RECOVERY STRONG
ON CURB EXCHANGE
Entire List Shares Advance.
With Utilities Taking
Leadership.
By the Associated Press.

By the Associated Press.
NEW YORK. August 10.-A vigorous
recovery on the Curb Exchange today
followed the sharp break Yesterday
caused by the raising of the New York
Federal Reserve Banks rediscount rate
l per cent. Gains ranged from l
to Is points, with one issue soaring a..
The entire list shared In the advance.
with the best gains by the leading
public utilities. In many cases yester-
days losses were entirely wiped out.
The trading was dull In comparison to
the furious turning over Of large blocks
yesterday.
Midwest Snaps Back.
Middle West Utilities. which has been
under pressure most Of the week. made
A sensational recovery Of 4s points to
close at 425. Yesterday this stock
dropped -. insult Utility Investment
snapped back 10 points from its slump
Of points yesterday. It closed at 100.
compared to a high price of $50 last
week. The sharp break In this stock
the first Of the week started the settling
in the utilities on Monday and Tuesday
Electric Bond & Share regained half
OF its 81s point drop Electric Investors,
As Of its 1873 point drop. American
Superpower recovered as. Allied Power,
2Ss, and American d Foreign Power
Warrants, 80.
Marconi International. which dropped
yesterday from 357s to close at 1914
following the announcement the Curb
Exchange was investigating trading in
1t, wound up at lis.
Investment Trusts Rise.
The investment trusts. with few ex-
ceptions. erased their losses of yester-
day. Traders believe the break gave
some fthese companies opportunities
to pick up some bargains. Shefan-
doah closed nearly points higher and
Interstate Equity rose fractionally to
20ss. Goldman Sachs closed at 1919
of O quarter. Insurance Securities
reached new high in the current
movement on reports of an impending
merger.
The oils also improved. Gulf cut its
5ss point loss In half.
In the mining group Newmont re-
covered all but q fraction OF its 1se
point drop.
Aviation Corporation, for which ap-
plication for listing on the New York
Stock Exchange has been made, rose
more than point to close at 17sA
Fokker gained q fraction.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-08-11
PRODUCE EXCHANGE.

NEW YORK, August 10 Lp.-Rye--
Easy; No. 2 western, lisa fob. New
York and 1.i6l3. elf export. Barley
Steady: domestic, 7eA. wheat-Spot
firm: NO. Spring. elf. New York,
1871: No. hard Winter, fob. New
York, 1891; No mixed durum, do,
1854: No. Manitoba, do, 1881.
Corn-Spot easy: No. yellow, elf.
New York, 40; No. yellow. DO, lie.
Oats-Spot steady; No. 4 white, 90.
Other articles unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-08-11
WHEAT PRICES EASE OFF
AFTER EARLY ADVANCE

CHICAGO. August 10 (F9.-Unexpect-
ed sharp upturns in Liverpool wheat
quotations led to brisk early advance
today in the wheat market here. The
advance here, however. failed to hold
well Liverpool dispatches showing the
price upturnS abroad were based on
aspects of the United States Govern
nent crop report which had been dis
counted here beforehand. Opening u
to higher, Chicago wheat later re-.
ceded in most cases to about yester-
days finish. Corn and oats swayed
with wheat corn starting u to IA
up and then reacting. Provisions were
higher.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-08-11
CLOTHING SALES OFF
IN ST. LOUIS AREA
Special Dispatch to The star.

Special Dispatch 60 The star.
ST. LOUIS, August 10.-The st..
Louis Federal Reserve Bank says
Purchasing Of clothing for next Fan
has not opened UP In the volume aIltici-
pated, but demand for seasonal ap-
parel developed betterment with the
arrival Of more typical Summer wealth
er, and some bordering was reported.
Demand for work clothes continues
quiet, particularly In the larger cen
ters Of population. June sales Of the
reporting clothiers were ass per cent
smaller than for the same month In
1923, and eS.7 per cent below the May
total this year"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-08-11
PLANS MORE STORES,

NEW YORK, Aug. 10 P.--sesrs
Roebuck d Co. plans to add 2be new
wholesale ana retail stores to its Nation-,
wide chain, most Of which win be In
operation by 1880. The stores VIII Be
population.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-08-11
BUYS UTILITY FIRM.
Middle West Acquires United Pub
lie Service Co.

CHICAGO. August 10 tR.-Middle
West Utilities Corporation acquired
United Public Service Co. and Martin
J. insult was elected president Of the
latter concern. 1t was announced here
today.
United Public Service operates uttli-
ties In North and South Dakota, Ken
lucky, Alabama, Louisiana, Ohio and
Indiana. Details Of stock transfer In
the acquisition, If any. were not mem
toned.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-08-11
TIRE PLANTS som.

NEW YORK. Aug. 10 (P.-Two Of
the three Mason Tire & Rubber Co.
plants acquired from the receivers some
time ago by the B. F. Goodrich Co.
is operating the third plant as a tire
factory.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-08-11
COKE PLANT PLANNED.

NEW YORK, August 10 R.--A S..
100000 by-produets coke plant will Be
erected by the Pittsburgh Steel Co. at
Gibsonton, Pa, preliminary excavation
IL expected that q new town VIII grow
Up With the completion Of the plant.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-08-11
HANDLES MORE FREIGHT.

NEW YORK. Aug. 10 R.-The Chi
cago. Burlington g. Quincy Railroad
handled 41073 revenue freight cars In
the first seven days Of August, COM
pared with 3s,754 during the same
period last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-08-11
CITIES ADVERTISING.

NEW YORK, Aug. 10 (R.-More than
100 American cities and communities
are advertising their attractions as
residential, industrial. resort and con-
vention centers In newspapers and
mage zines.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-08-11
SALES SHOW GAIN.

NEW YORK, August 10 (P--5ally
Frocks July sales we're up II per cent:
for the seven months Of the year, a
per cent shove year ego.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-08-11
Weeks Financial High Lights

|pecial Dispatch 70 The Star.
NEW YORK, August 10, 1929.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-08-11


Carl H. Donch, manager Of The Park
Road Branch of Riggs National Bank
mas returned from his vacation.
L. P. McLachlen, president Cf ihe
McLachlen Banking Corporation, Is ex-
pected back at his ONCE tomorrow after
a short vacation. part Of which NJ
passed on q motor trip In Pennsylvania
He also visited Detroit.
]. william Harrington. member o.
the brokerage staff Of w. B. Hibbs &
Co., will leave here next Saturday FOL
Atlantic City for his annual vacation
Bertram Chesterman. president OF thu
Morris Plan Bank. has returned from
q hurried trip to Europe.
Arthur Foraker, manager Of the loca
ONCE Of Eastman. Dillon & Co, y
spending the week end at Rehobotk
Beach, Del
Luther e. Schreiner, rice president
Of the Merchants Bank & Trust Co
and In charge Of the Dupont Branch
Is passing the week end in New York
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-03-02
kAkg d -

Tune tn nexr Sunday, from, 6 TO z P. NJ,
for Chicago Symphony Orchestra, also
on Thursday evenings, $50 to 1000,
for theIs0- Vis Entertainers, oUer W-C-N,
Chicago; WTMJ, Milwaukee; voc,
Davenport; WHO, Des Moirtes; VOW,
Omaha; WDAF, Kansas City: KSD, st.
Louis; KSTP. st. Paul; WEBC, Superior.
The Daily Alaska empire., 1929-03-15
APEX BRINGS COAL
 FROM ADMIRALTY

Another small cargo of coal from the Harkrader mines of the Ad- miralty Island Coal Company ar- rived here yesterday on the Apex. The coal was not brought in as a regular shipment from the mines, but was carried as an incoming cargo on the Apex to meet the needs of the people of Douglas who were anxious to obtain the local fuel.
 Company officials report that the shaft is now down 600 feet and that at this greater depth the coal is of a much better quality than that which was mined near the surface. The cargo brought to Douglas on the Apex was from the 600 foot level.
The Daily Alaska empire., 1929-03-15
Marine News
CANNERY TENDER
 IN FROM TAKU

The Libby, McNeill & Libby can- nery tender Excursion, Capt. Tom Danielson, arrived in Juneau this morning from the company's plant at Taku Harbor. The tender came in to take back supplies and obtain mail for the men now at the can nery.
 The Excursion recently came from Seattle, where she wintered in Lake Union. She lowed two scows to Ketchikan, arriving there eight days after leaving the south. Heavy weather was experienced throughout the trip and on several occasions difficulty was had with the scows in the rough water
 A small crew of men was brought from the south and are at the Taku cannery preparing the plant for the seasons operations and put ting the several fishing boats in service condition.
The Daily Alaska empire., 1929-03-15
FOUR HUNDRED
 IN QUARANTINE
Precautionary Nj e asure Taken as Result of
 Spinal Meningitis

HONOLULU, March IS. - More than 400 steerage passengers of the Dollar Line President Pierce are quarantined. Action was taken as a precautionary measure because of the death of seven passengers at sea of spinal meningitis and pneu- monia.
 The liner President Pierce is en- route to San Francisco from the Far East Four steerage passen- gers were found suffering from meningitis and several with influ- enza and pneumonia.
The Daily Alaska empire., 1929-03-15
YACHTS LEAVE
 OLYMPIA FOR
 NORTH JUNE Is

Yachts will leave Olympia, Wash, on the Capital-to-Capital yacht race on June Is, according to a letter received by Commodore H. c. Devighne, of the Juneau Yacht Club on the last boat. The yachts will be handicapped in Olympia at the start of the race instead of at this end, as they were last year, the letter said They are expected to arrice here about the 20th of June, officials of the local yacht club said.
 Handicapping them at the start will make it more interesting to the public, for the winners will actually be those who arrive hero first.
 Three Classes
 Entries are divided into three classes, first, 25 to 40 foot boats; second, 40 to 65 foot boats, and third, 65 to l50 foot. Last year the race was only open to boats of the size in the first two classes, ranging from 25 to 65 foot. The third class has been added with the idea of attracting some of the larger yachts from California and several inquiries have been receiv- ed < concerning the conditions of the race from California yachts men, the letter from the Olympia club said.
 Up to this time it has not been learned how many entries have al- ready been made for the race, but a good number are expected to make the voyage.
The Daily Alaska empire., 1929-03-15
CODFLSHING BOATS
 LEAVE FOR ALASKA

SAN FRANCISCO, March 15.- The three masted schooner Louise, owned and operated by the Union Fish Company, the second of two codfishers to sail from San Fran cisco this season, has left for Der ing Sea. The William H. Smith the other vessel operated by the same company, sailed for Pirate Cove January 26.
 The Alaska Goldfish Company in the past, has operated fleet of boats but will not send any north this season, planning to get sup ply of cod from Japanese steamers at Seattle.
The Daily Alaska empire., 1929-03-15
CRITICISM CAUSED

SEATTLE, March 15.-The large number of spinal meningitis cases among steerage passengers from the Far East to Pacific Coast ports in recent weeks is causing criti- cisms of last February when a dozen cases were taken from the President Lincoln. Six died Mon- day and two dead were taken from the President Madison when she docked at Victoria. Three hundred and thirty-six passengers are quar- antined.
The Daily Alaska empire., 1929-03-15
THE EMPIRE Is the Medium

Through which the general public can always have it's wants supplied.
 Closing time for classified advertisements: 3 P. M.
 Closing time for display ad- vertisements: II A. M.
 Ten cents per line first in- Sertion.
 Five cents for continuous subsequent insertion.
 Count five average words to the line.
 Minimum charge, 50 cents.
The Daily Alaska empire., 1929-03-15
TIDES TOMORROW
MARTHA SOCIETY

The Martha Society will hold a social meeting in the church par lors, Friday, March 15, at 230 D. m. Mrs. Phil Herrimann and Mrs. H. L. Redlingshafer will act as hostesses. adv.
The Daily Alaska empire., 1929-03-15
SCHEDULED SAILINGS

Aleutian scheduled to sail from
 Seattle March IT at 5 p. m. Princess Mary scheduled to
 sail from Vancouver March
 18. at 9 p. m. Alaska scheduled to sail from
 Seattle March 23, at 9 a. m.
The Daily Alaska empire., 1929-03-15
HALIBUT PRICES

SEATTLE, March 15.-The Va kuina brought 4,OOO pounds of hali- but to port yesterday which sold for 21 and Is cents. Sable sold for 6 cents. The Superior sold her catch of 1,400 pounds of hali- but at the same price and cod brought 8la cents.
The Daily Alaska empire., 1929-03-15
LOCAL SAILTNGS

Margnita scheduled to leave . for Sitka and way ports at . 8 o'clock Thursday night. c Virginia W sails for Chicha- . gof and way ports at 6 o. . clock every Wednesday night. C America First leaves every e Wednesday at l D. m. for .
 Petersburg and Rake and c way ports. .
The Daily Alaska empire., 1929-03-15
Steamer Movements
NORTHBOUND

Queen due Saturday night. Admiral Evans due Saturday
 night.
The Daily Alaska empire., 1929-03-15
JACK, THE TAILOR, AND AtSERVICE TRANSFER co.
 ARE IN NEW LOCATION

We have moved from our old stand on Triangular corner to the Vim Building on Seward Street, opposite Goldstein's. Jack will be ready for all business by the first of the work. Transfer company also working, phone 389. adv
The Daily Alaska empire., 1929-03-15

PRINCE RUPERT, March 15.- Twenty six thousand pounds of halibut were sold here yesterday at 15.8 and cents and IT and T cents.
The Daily Alaska empire., 1929-03-15
sOUTHBOUND sAILINGs

Yukon scheduled to sail south bound about March 20.
The Daily Alaska empire., 1929-03-15

We make ana alier all kinds of fur garments. Goldstein's Elm porium. adv.
The Daily Alaska empire., 1929-03-15

FOR SALE-New IS it. skiff; in
 quire Swanson Bros. Grocery.
The Daily Alaska empire., 1929-03-15

HERE ALARM CALLS) 1-3 Third and Franklin. IA Front and Franklin. ] 1-5 Front, near Ferry Way. l 1-6 Front, opp. Film Exchange. ] IT Front, opp. City Wharf. Is Front, near Saw Mill. { 1-9 Front at A. J. Office. 1 2-1 Willoughby at Totem Gro. { 2-3 Willoughby, opp. B. P. R. 1 warehouse and garage. 2-4 Front and Seward.
 { 2-5 Front and Main. l 2-6 Second and Main. [ 2-7 Fifth and Seward. 2-9 Fire Hall. { 3-2 Gastineau and Rawn Way. 1 3-4 Second and Gold.
 { 3-5 Fourth and Harris. 3-6 Fifth and Gold.
 l 3-7 Fifth and East. l 3-S Seventh and Gold.
 { 3-9 Fifth and Kennedy. ! Al Ninth, back of power house. ! Az Calhoun, opp. Juneau Apts. 4-3 Distin Ave, and Indian St. { 4-5 Ninth and Calhoun. l 4-6 Seventh and Main. { Al Twelfth, Northern L'dry. 1 4-S Twelfth and Willoughby. { 4-9 Home Groccry.
The Daily Alaska empire., 1929-03-15
FOR SALE

FOR SALE - Store front and 2
 doors; George Brothers.
Milford chronicle., 1929-10-25
THE USE OF FIREARMS

The autumnal months send many
men and boys out into the woodlands
and fields, anxious to get shot at
their favorite game. Many of them
have no idea of how to handle fire.
arms. So every year we hear Of ac-
cidents resulting from guns that
were not loaded" Of hunters who
were taken for a deer, or of stray
shots that hit or come near hitting
the farmers animals, or even his
family. And many accidents happen
from careless handling of guns as
people climb fences and otherwise.
Boys should be taught how to use
firearms carefully, for unless start
ed right they are likely to imperial
life. If people will use proper care,
there would be very few accidents
from the use of firearms.
~e@
NO AUTOMOBILE will move un-
less fuel is burned in it to create
energy. Similarly a town won't
move ahead, unless some energy is
applied to create the power of mo-
ton.
Milford chronicle., 1929-10-25
%oS

OUR MODERN HALLOWEEN,
which the kid element observe with
such gusto, has been celebrated in
various forms for at least 1000
years. Back in those days when
julius Caesar invaded England, the
Druid priests that were a ruling
power in the land, used to promote
these observances.
They taught that each year on the
night before this festival, the Lord
of Death called together the wicked
souls which during the preceding II
months had been condemned to in
habit the bodies of animals. The
idea spread that these evil spirits
were active on this occasion, and
mysterious sights and sounds might
be expected.
So today when the kid element
perform their mysterious tricks, it
is survival from that quaint legend
1000 years old. Which shows that
though science and literature have
revolutionized our life, yet once an
idea is imbedded in the popular
mind, it takes many centuries to
wholly root it out. Probably there
are many people still living today
who believe that these malicious
spirits are working the works Of
darkness on Halloween.
Milford chronicle., 1929-10-25
She Moved A Creek

Women tackle anything nowadays
That they contribute the great new
army of the unafraid is shown by a
story that has reached official Wash
ington. Mrs. Woolwine is a progress
sive farmer at Cameron, Missouri
She had a fine piece of bottom land
in a creek valley, where she was
able to raise prize-winning blue
grass seed. The only trouble was
that the creek, which meandered
broadly across the fiat plain, became
swollen at seasons of high water,
flooded the rich field and destroyed
the crop. Instead of standing by and
bemoaning her hard luck, Mrs. Wool
wine decided to remove the menace,
so she consulted an explosives ex-
pert and under his direction and with
the assistance of two hired men she
had the channel of the troublesome
creek altered so that the stream
flowed in straight line.
Mrs. Woolwine repeats that she is
very much pleased with the behavior
of agricultural explosives, which
took two bends, each a half a mile
long, out of the creek, thereby add
ing several valuable acres to her
field, and lessening the dangers from
future floods. This wise woman of
Missouri will be emulated by some
Of her neighbors who are preparing
to improve much of the valley land
near Cameron.
Milford chronicle., 1929-10-25
labor Need Not Be Dirty

1t was a fair enough retort that
Miss Ishbel Macdonald made to the
heckler who shouted, during poll
tical meeting, "Now that you're asso-
ciating with lords and ladies you
probably take bath every day."
The young daughter of the British
Labor Premier responded with dig
nifty, Labor need not be dirty"
Such statement is of particular
import to the American laboring
man, who finds it possible to go
home from mine or factory to bath
and clean clothes. He can often en-
ter the white collar class" by so
simple rite as stepping into the
bathroom. In many factories, partic-
ularly where food is handled, baths
and towels are furnished to the en-
ployees, together with the firms
time for making use of these accom-
modations. At home, whether that
home be cottage or apartment, mod
ern or "modernized," the vast ma
jority of our working population can
find soap and water within easy
reach.
The dignity of labor" a fine
phrase that survives all the conde-
scending hypocrisy with which it is
sometimes voiced, is not consistent
with dirt. The young Scotch woman
is right Many of us earn our bread
literally in the sweat of our brow,
but fortunately we can wash it off
before we sit down to eat.
The days are past when only dan
dies and "swells" could afford the
luxury of being clean. Labor that
shows its self-respect by attaining
and enjoying higher standard of
living, in appearance, in manners, in
education, in leisure-time enjoy
ments, compels the respect of the
world