davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-06

their business declined. Around 1922
Jordan was also producing q car that
ha da wide appeal But during 1925, up
until very recently, these companies did
not fare so well, and the earnings and
the price of stock declined sharply
All these companies have now brought
out new models and are hoping for
brighter things in the future. But the
erratic price fluctuations of their stocks,
emphasized by Gardeners sharp rise last
week on rumors Of the possibility OF the
company going into aviation, make
them highly speculative, unless one
knows the inside affairs OF the COM
pany. Auburn and Marmon have gained
stronger foothold in the medium
priced business Both have had changes
Of management during the past few
years and are now following aggressive
expansion policies Auburn has branched
out considerably In buying two motor
companies, Lyconning and Austed; two
automobile companies, Duesenberg and
Lexington. and the Limousine Body Co.
Earnings for the past three years aver
aged $1118 share, and for 1928 eStt-
mates run from SIS to $25 share.
Marmon recently turned its large pro-
duction facilities to include medium
priced car. Last years sales were greater
than those of any two previous years.
Exact figures are lacking, but IN some
quarters earnings Of SO or 50 are fore
cast for last year.
Detailed information regarding the
operations of these companies Is not
so readily available as with the larger
corporations and their fortunes are dlf-
ficult to foresee, but their success de-
ponds upon their ability to gain place
for themselves in the medium-priced
field Many rumors of mergers centered
around these companies, which, Ii ac-
complished, may stabilize their earnings.
Investors must keep in mind that the
stocks Of these companies have always
been erratic, that 1t has not been un-
usual for q stock to double within q
year, only to fall back close to the old
low. and repeat the process again a the
next year. On the basis OF their rec
ords they must be regarded as specu-
lative.
Franklin, REQ.
There are two old-line companies
which seem TO have carved definite
niche for themselves In the motor trade,
Franklin and REQ. Both companies
date back to the very beginning of the
industry. Franklin has gradually built
UP n clientele Of those enthusiastic
about air-cooled motors. For many years
now their business has held Its own
very well, although profits have varied
widely. The stock has recently risen
sharply and only those In close touch
with the company's affairs are in o
position to guess whether the rise Is
Justified, for little publicity Is given to
the inner workings of the concern.
REQ has been manufacturing cars and
trucks for some some time, which have
stressed long life as q selling point
Growth has been fairly steady and re.
Gently earnings have been accelerated
by laying greater emphasis on the style
factor. During the past six years earn
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-06
NORMALCY IN FARM
RELIEF IS SOUGHT
Settlement of Agricultural Prob
lem Affects All Glasses Of
Citizens.
BY J. c. ROYLE.

Special Dispatch to The Star.
NEW YORK, February 6.--"Normal-
cyl" was on every tongue eight years ago.
1t was a war cry of the Harding adj
miniStration then coming in, and 1t
may be revived this Spring. For one
of the most important questions OF the
days is, What constitutes normal condt-
business and industry in the United
States will be affected by the definition.
In general it might be defined as the
close adjustment Of supply to demand;
The general population of the United
States is increasing. The population OF
the farms has been decreasing, but the
United States still produces far more
agricultural products than the country
can consume.
Since the war, the country has lost
millions of people from the farms, &C
the University of Wisconsin. The area
planted to crops has decreased; yet the
crop surplus has not been reduced 70
a point where the farmers condition
is satisfactory.
Population has risen Is per cent, the
Wisconsin professor declares, and this
also has failed to reduce surplus. The
answer Is farm efficiency. Science has
so revolutionized farming, along with
improved machinery which has elm
mated much manpower, that the equiv
alent Of a million acres has been added
to farm lands.
Until 1922" said DR.. wehrwein,
there was danger that food supply
would not keep up with increase In
population. That year marked the
turning point. Formerly 1t required
az acres of land for the support Of
one individual This will not be true
in the future. We are raising more
food per acre than ever before, and the
tractor, truck and automobile have dis
placed so many horses and mules that
acres formerly devoted to forage crops
now are planted to foodstuffs for hui
man consumption. We no longer have
pressure Of population on food sup
ply, but pressure Of food supply on
population"
This view Is substantiated by the re-
duction In consumption Of flour. meats
and other staples and change IN diet
of the American people.
The Corn Belt Farm Dailies, recog-
nized agricultural authority, takes a
far brighter view Of this situation.
This organization holds that. while 1t
is almost impossible to say whether nor
malcy has returned, population Is IN
creasing at the rate OF million and q
half consumers year. and the arti-
fetal stimulation Of wartime produc-
ton has largely been overcome.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-06
ODD.L0T SALES GAIN.

NEW YORK, February @.--
Brokerage houses handling odd-lot
business report these orders have been
steadily growing the last two months.
indicating the entry Of many new small
buyers into the stock market.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-06
BY KENNETH S. VAN STRUM.

NEW YORK, February Elm many
industries the investor can usually
Judge the profits of a particular COM
pany by the general welfare of the in
dustry. But with automobiles, unless
the company Is very firmly established
in the industry or its interests are well
diversified, public favor toward a car
can change almost overnight, making
one company prosperous and another
hard up. The holder of motor securi-
ties must watch trends carefully.
Demand Individuality.
A number of makes of medium priced
cars have lately undergone change of
fortune. Some are at the height OF
their success today; others seem to
have lost their grip. It does not seem
to be quite so much q question of car
performance as appearance. Almost any
manufacturer today makes a good car
mechanically. Those companies whose
fortunes have varied must attribute the
change to the tickle taste of certain
group Of middle-priced car purchasers
who demand individuality In style In
stead of the standardized models offered
in cars produced on large scale.
The principal producers for this group
of buyers are Auburn, Gardner, Jordan,
Moon, and, more recently, Marmon. The
fortunes of all these companies have
changed radically during the past few
years.
Gardner, Moon Jordan.
Several years ago Gardner and Moon
were doing a record business. Gardner
business reached peak in 1922 and
Moon in 1925. In the next three years
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-06
Exnort Copper Price Gains.

NEW YORK, February 6 OP).-Ex-
port copper was advanced today Il Of
a cent a pound to 17s4 cents following
a similar increase in domestic copper
yesterday.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-06
BOND PRICES REACT
IN DRAGGY MARKET
Convertible Issues Sell Off in
Sympathy With Stocks
Decline.
BY CHARLES r. sPEARE.

Special Dispatch to The Star.
NEW, YORK, February 6.-Nearly all
classes of bonds today were weak. The
high-grade issues touched new low
average for the year. with some indi-
vidual bonds under the prices reached
last August.
Even the convertibles, which had
been moving up steadily for several
weeks, were disappointment to those
who have been accommodating them. eS-
pecially several of the newest members
Of this group.
The market for high-grade rails was
considerably depressed. Declines ranged
from IA to q. In spite of the fact that
there is a large buying order Tor an
estate in these bonds. quotations con-
tinue to react day by day as small lots
are offered from various sources. Con-
spicuously weak today were Atchlson
General As, Pennsylvania 434s, Canadian
Pacific As, Rock Island As ana AIS ana
Great Northern rs. The public utilities
of the same grade have also been acting
poorly of late.
The downward turn in the converti-
bles was an automatic response to the
weakness in stocks. International Tele-
phone AUS, which touched 100 last
week, were off Az points from their
recent high Allegheny Corporation 5s
were especially weak. The largest de-
cline in the new bonds was in Amer
lean International 51as, which lost 212
points. Public Service of New Jersey
4l2s were quiet but 2 points lower.
Some of the strong features were
Dodge IS. Denver & Rio Grande West
ern SIS, Utilities Power & Light 5l2s
and New York Railway adjustments.
There was also a good demand for
number of the German public utilities,
whose prices are being adjusted to the
last issue in a corresponding group OF
bonds.
The continued high rate for money,
with renewals today at Z per cent. and
the fear of some action by the Federal
Reserve that would be harmful to bond
prices, increased the days supplies.
The most notable Of the new issues
today, and one which to a marked de-
gree emphasizes the current preference
Of stocks over bonds, was for the pur-
pose of financing a building operation
In which preferred and common stocks
instead Of the customary real estate
first mortgage bonds, are to be en-
ployed.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-06
FLOW OF GOLD TO AMERICA
INCREASED BY. MONEY RATES

has been In this country for a week
trying to adjust the gold flow so that it
will not disturb the English money mar
ket. So far his efforts have been un-
successful. Larger engagements Of gold
than ever have been made since he left
England to discuss the situation with
Federal Reserve authorities. The end of
the movement Is not in sight. High
money rates here and the premium on
acceptances over the Federal Reserve
rediscount rate are attracting foreign
lenders and overcoming the effect OF
what would normally be seasonal tend
encies in sterling sufficient to protect
the English gold supply.
The Bank of England authorities are
between two fires. They want to keep
their gold. but they do not relish the
idea Of paying the price for 1t that
would be involved in raising their redis-
count rate to per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-06
Bid and Asked Prices.
BONDS.

Departmental Bank at
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-06
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK. February 6.-The world
competition for gold which has been
going on for over year, with the cur
rent flowing strongly eastward in 1928
and now reversing itself so that yellow
metal is not only coming from the South
African gold fields, but from the Bank
of England to add to the great stores
of it in this country. Is deeply agitating
international bankers.
Yesterday 1t was announced that an
additional $15,000.0 900 has been engaged
in London for shipment to New York.
Actual purchases by several banking
houses were reported as ready for ship
ment on fast English and French liners.
The exchange rate, now lower than it
has been this year and dropping stead
lily for weeks, provides a small profit to
the importer.
The governor of the Bank of England
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-06
ROAD EARNS $3.7s A SHARE.

The preliminary statement of the
Norfolk Southern Railroad Co. for year
ended December 81, 1928. shows net in
come of S606,927 after taxes and
charges, equivalent to $3.79 share
earned on 100000 shares of stock. This
compares with $740,355, or Sass share.
in 1927.
Preliminary income account for year
1929 COMPARES as follows with 1927:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-06
Heads Electrical Firm.

NEW YORK, February OD.-Stock-
holders of the Splitdorf- Bethle hem
Electrical Co., Newark, have ratified the
election of Charles Edison, son of the
inventor and president of Thomas A.
Edison, Inc, as the new president OF
the Splitdorf company.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-06
TREASURY CERTIFICATES.

ings averaged $2.10 share, and in 1928,
after absorbing heavy costs Of model
changes, they are expected to be about
$3.50 q share. In view Of the com.
pany's past record, many believe that
this stock Is entitled to investment con-
sideratior.
Copyright, is2e.l
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-03-22
State Below Profession
Or Other Occupation

a o
materially the fight Of the
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-03-22
Navy Promotion Board
Personnel Announced

Their duty being to recommend
officers for promotion in the ranks
of rear admiral. captain and com.
mander, the personnel of the rev
naval promotion board was an
ncunced yesterday by the Navy
Department.
Admiral William V. Pratt. com.
mander-in-chief of the battle fleet
is to be president. Other members
are Vice Admiral Montgomery M.
Taylor, Rear Admiral Louis r.
De Steigner, Rear Admiral Charles
r McVay, jr., Rear Admiral Henry
Fl. Hough. Rear Admiral Joel r.
Prlngle, Rear Admiral Frank B.
Upham, Rear Admiral David F.
Sellers and Rear Admiral Joseph
Nj. Reeves.
Commander Charles NJ. Cook. jr.,
Of the Bureau Of Navigation. will
act as recorder.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-03-22
MEDICINE KILLS
H|SFR|END

BALTIMORE. March %. - Ac.
cused of administering a fatal dose
of strychnine to William G. Hol
strum. at the Fremont Avenue
branch Of the Salvation Army.
Frederick johnson. a middle-aged
painter, was held at the Southern
police station.
Police said they were informed
that johnson prescribed" the dose
when Holstrum complained of feel
ing i'll.
johnson said he was in his room
when Holstrum appeared and said:
u feel shaky and need some
medicine"
Take a dose of strychnine. I
have done IT often to straighten
out my nerves." johnson Is said
to have advised.
Then. according to the accused
man, he produced an amount of
the poison which would about
cover the head OF a match"
The drug was administered in
water and Holstrum was seized
with commissions a short time later.
When Holstrum was taken to South
Baltimore General Hospital in a
city ambulance he was pronounced
dead.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-03-22
If Opposed to Tax Injustice, Sign Here
WA5HIkl To IaFMES
To the Congress of the United States:

We, the undersigned, respectfully urge that
the Congress Of the United States give imme-
date consideration to the proposition that
there be a downward revision of all income
taxes on all earned incomes, such as salaries
or fees, or commissions for personal services.
We urge this because Of the many instances
where wage or fee or commission earners
sometimes have Just few years OF good
have substantially less incomes. Their period
of better earnings which might give the aver
age wage Garner chance to accumulate
some capital is heavily taxed and they seldom
have new opportunity for the accumulation
of savings which might tend to make more
useful citizens of them.
Labor in general, lawyers. doctors, architects,
clerical workers. statesmen, dentists, engineers.
journalists, accountants, actors, motion pie
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-03-22
Eastern High School
Spring Play Presented

The Eastern High School spring
play, "Robina in Seardh of a Hus-
band" was presented last night to
large audience and to the judges in
the Brown Cup tournam> ut in the
school auditorium. The play is. by
Jerome K. jerome.
The play. with which Eastern
students hope to win the cup, will
be repeated tonight at 8 o'clock
Eastern High School has held the
cup for the. past two seasons.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-03-22

ture actors. singers, musicians and all the
other professional people are In the same
plight in the matter Of earned income, as
distinguished from earnings on capital, and,
since they represent q great percentage Of
the citizenry Of the country, we beg the
gravest consideration of this proposition.
Each signer below hereby enrOlls as a men,
Der of The Washington Times League for the
Downward Revision of Taxes on earned in
comes and will work with that newspaper
toward the end stated
Permission is hereby granted The Washing
ton Times to list the signer in the proper
labor, clerical or professional division Of the
said league for presentation of our signatures
to the United States Congress for the stated
purpose.
The signer Is not obliged to make any kind
of contribution or to do anything except to
give his moral support to this movement.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-03-22
| AS 7 HANGING.
IN VA. WAS z
YEARS AGO

LURAY, Va, March 22.-Twenty'
two years ago today the scaffold
and the hangman's moose as
method of punishment by death in
this State passed out Of existence
in the execution Of Peter Good OF
Page county mountains, who was
put to death in the courtyard in this
city.
The execution marked the end of
one of the hardest fights ever wased
to save a murderer from the gal
lows.
Good, 81 years old, had been walk
ing with his sweetheart Fanny
Stroupe and her brother. The girl
and Good quarreled when she
spurned his advances. Good stepped
behind the girl and shot her.
Her little brother fled later to give
evidence. Good surrendered to
Sheriff N. T, Sedwick in Luray, Civ
ing up for fear of mob violence.
He pleaded accidental shooting.
Judge T. n. Haas assigned Charles
A, Hammer, and Blackburn of Har.
risonburg to defend Good. Confident
their client was telling the truth.
the lawyers fought the case through
to the supreme court and to Gov.
Claude Swanson. The bill abolish
ing hanging and substituting the
electric chair had been passed hut
not put into effect and on this
Hammer pleaded with Governor
Swanson to reprieve his client.
The last message received from
the governor came the night before
the execution in which Mr.. Swanson
advised that 1.-The law must take its
course"
The next morning on the scaffold
steps Good confessed that he shot
the girl.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-03-22
Woman Sues for $4,000
On Charge of SANDER

SANDER Is alleged In a suit TOT
$4,000 damages filed by Caroline
Monaco, 400 block Louisiana Ave.
N. W., against her former employer,
George p. Marshall. of the Palace
Laundry and the laundry concern
itself in Equity Court.
Through Attorney Nita S. Hin
man, the plaintiff charges that
while she was working for the
laundry company last April IA, an
agent of the company slandered her
by charging her with dishonesty.
She has suffered lack OF employ.
ment and great mental strain and
her credit has been impaired. she
claims,
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-03-22
Georgetown President
Will Address Alumni

The Rev. W. Coleman Nevis, ST.,
president Of Georgetown University.
and Dr.. Bruce L. Taylor, DDS,
dean emeritus of the Georgetown
School of Dentistry, will speak at
an alumni dinne~ in the Army and
Navy CLUB Saturday night. Organi-
cation Of the alumni of the dentistry
school on a national basis will be
discussed as we'll as plans for the
new dental school and medical
center site on Reservoir Road.
The Rev. W. G. Summers. 81,
"egent Of the school and Dean W
\. Cogan, have been active In
arranging the dinner:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-03-22
Legislator Kills Self
On Eve of Bribe Probe

WARSAW March y N.N.e.'.-
Senator Ludwig Miklaszewski, coun'
sci for the Rotschild mining inter
ests, committed suicide by shooting
himself here just an hour before
Parliament court If honor as
sembled to question him on charges
Of bribery.
The senator was accused of bribing
two deputies with 100000 for Vot'
ing for a state purchase OF Roths'
child mining shares.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-03-22
PASS AUCTIONEER BILL

HARRISBURG. Pa. March =
governor the bill Of Representative
Bell Altoona, authorizing third
class cities. to license auctioneers.
The bill was sponsored by the State
Chamber of Commerce.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-03-22
CITIZENS Will MEET

The Mid-City Citizens Association
will hold its regular monthly meet
ing in the Thomson Community
Center, Twelfth and L Streets
Northwest, Monday night. Cues
tions relating to the farmers
market will be discussed.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-03-22

the Bureau Of Biological Survey,
before a meeting Of the Takoma
Horticultural Club at the Takoma
Park Branch Library Monday at
3 o'clock.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-03-22
TAK0MA PARK BIRDS

Sards and bird life in Takoma
Park will be the subject of a talk
~ +. c. Lincoln, of the staff of
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-10-11
RONTpINGAROUNDTHE
'RAD1oH &: DlALs
- BY BEN WADE
BY 3 EN WADE

Jesse Crawford's organ recital at
1880 o'clock Is always a best bet, as
is the Bremer-Tully time at III
o'clock.
MOthers.in.Iaw
That the aged comedy theme, the
mother-in-law was used in faraway
Russia many years ago Is indicated
by one Of the humorous songs TO
be presented by A quartet during
the Russian Village program at .
O'Clock.
Three programs of dance music
ing the Game Fish of America,
schedule.
Ed. C. Kemper, secretary, Archi-
tects Of America, will speak on say.
ing the Game Fish of America
during the Lets Go Fishin' pro-
gra mat VOL. Kathryn Dunnin is
an old favorite here. Her piano re-
citals are always delightful. The
football flashes at GAS o'clock are
a new feature, while the program
Is quite complete with the presenta'
ton of Pauline Healy Shook In pop
ular songs, at 1915 O'Clock.
WJSV has a new feature written
specially by Phillip Lord. the ORR
ginator of Seth Parker. This pre-
sentation at 10 o'clock will prove
the story OF a young man VINO
writes his love story in song. Many
artists familiar and new to WJSF
listeners grace the program.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-10-11

Prime Minister Ramsay Mac
Donald has left the National Capt.
tai. where 70 rdays he was feted and
admired by those who knew him
we'll and those who merely stood and
watched him pass.
But not altogether has he quit the
governmental city, for his voice will
be conveyed through Washington on
one of the most extensive networks
Of radio, when the NBC broadCasts
the program of a banquet in honor
of the British visitor given by the
Council on Foreign Relation in the
Ritz Carlton Hotel, New York.
Not only the seventy-one stations
associated with the MIC coast.to-
coast network, but Csc the Toronto
station will broadcast the 9 o'clock
program through the Dominion and
short wave transmitters will carry
the voice of the British Premier to
foreign ports.
Elihu Root, former Secretary Of
State, will present Premier MacDon-
aid to those present at the banquet
and to the unseen audience. Mil
ton J. Cross will describe events Of
the affair and introduce Mr.. Root TO
the radio listeners.
Programs Cancelled
Sponsors OF the Schradertown
Band; Billy Jones and Ernie Hare,
the interviewer Pair, and Philco's
Theater Memories will be Cancelled
that the Premier's address may be
available to all associated stations.
What's more, there isn't anything
so brilliant on the CHS. schedule
that would lead wandering tuner
in off the track.
Over WMAL, however, there are a
flock of local artists. At 6:35 o'clock
ALTA Carta, lyric baritone, will be
heard in a group Of songs. accom-
panied by Kent Hetzel. Bob Car
bauh and his luke" will be on the
air again at 6:45 o'clock. Frank
Davis will do some speciality reading
at 6:45 o'clock, while at 7:45 the
Saks musical program will provide
a delightful moment with semi-classic
pieces.
OF the c. B. S. chain programs,