davidaulloa/AmericanStories huggingface dataset:
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-08-30
IF WE COULD ONLY
WILL CONFINEMENT
How We Could Strengthen the Lives of Some of Those
We Know, Says Writer, Telling of the Man
Who Left Imaginary Riches
BY BLACK

Ten thousand dolars-thats what he left in his will and he lett u all
to the Nurse who found him i'll in a third-rate hotel and took good care
of him until he died.
And now it turns out that the ten thousand dollars was just in his vii.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-08-30

SO hard to be clever and so hard to be brilliant. ~ ooesnt qWe mah-
are either Of tnse things but she surrounds herself with silly little crea-
lures who can't do much more than read and write. and they think she
wonderful
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-23
CURB SHARES GAIN
IN BROAD ADVANCE
Market Continues Recovery
as Buying Resumes on
Large Scale.
BY HARRY H. BECKER.

: Special Dispstch to The Star.
NEW YORK, April 23.-The advance
proceeded on the Curb Exchange today
in the most active trading of the month
and with enthusiasm more widespread
than at any previous stage of the cur
rent recovery.
Sharp advances were again witnessed
In many sections of the list, influenced
no doubt by evidence that confidence
had been fully restored and by the sue
cess so far achieved on the constructive
side.
Widest gains were registered again by
the utility issues, few of the aviation
shares and by certain of the niscel-
laneous industrials. In the speciality
group International Protector jumped
sharply again in further appreciation
of the current high operations of the
company. Also in new high ground
ment and convertible preferred, CONT
mental Diamond Fibre and Consolidated
Film. The last named was sympathetic
cally influenced by the prominence of
the preferred on the big board and re-
ports that the company would shortly
retire the prior ISSUE Union Carbide
new was quite prominent, jumping sew
eral points to the best levels so far on
q bulliSh analysis by a leading firm.
Among the utilities further striking
improvement took place in electric
bond and share, the American Super
Power issues, United Gas Improvement
and several of the low-priced favorites.
The buying of United Gas Improvement
was coincident with the announcement
that steps had been started through
court action to end the controversy
over the acquisition of the class B
voting stock of the Central Gas &
Electric Co. The company already owns
SO per cent of the issue through a
subsidiary.
Outstanding movements in the avia-
ton group we're another new high for
CurtisS Flying Service and renewed
active buying of Consolidated Aircraft,
which added to its sharp gain of the
day before. Other strong stocks in this
group were Niles Bement Pond. Fokker
and Aviation Corporation while the
recently favored Douglas was much less
prominent.
Automobile stocks, while not nearly so
conspicuous as Others rolled up fairly
large gains under the influence of a
recovery in Ford of Canada. Activity
on that issue as we'll as in Ford of Eng
land was undoubtedly affected by news
that the Attorney Generals Office was
conducting an investigation into the
offerings of stocks of foreign subsidiaries
of the Ford Motor Co. and in aviation
concerns. The probe is directed against
houses that have accepted deposits OF
cash on foreign Ford stocks and agen-
cies offering aviation securities Of queS-
tionable value. StutZ Motors was I'M
affected by an offering of rights to sub
scribe to additional stock at $40 in the
ratio of for each 10.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-23
GAIN IN RAILROAD
TRAFFIC INDICATED
Drop in Costs Expected Due to
Improved Type Of Man
agement.
BY J. c. RoYLE.
pecial Dispatch to The star.

Special Dispatch to The Star.
NEW YORK, April 23.--Railroads of
the United States will handle between
5 and per cent more freight traffic In
the first half Of this year than in 1928.
The cost to shippers for handling this
freight will not exceed $4,000 000, 900.
That Is the conservative estimate today
OF transportation men who are in touch
with conditions. The estimate is based
largely on the requirements for cars as
outlined by the shippers regional adj
visory boards. More important than
this gain, however, is the knowledge
that this traffic will be handled more
efficiently than ever before. This means
a marked gain in net income for the
carriers.
The drop In costs due to improved
efficiency of management, personnel and
methods has been the largest single
factor In improving the statistical posi-
ton OF the steam roads. For example,
In the first two months of 1929 gross
revenues OF class roads showed a gain
OF 81 per cent, but through operating
economies this was translated into a
1913 per cent gain In net operating In
come.
Increases are expected in shipments
OF all but z of the 90 commodities
which hold the most important place in
freight volume before the end of this
quarter. The drops are expected in
commodities such as hay, potatoes, fer
tili2ers, cotton seed and products, live
stock. gravel and canned goods. Nearly
all districts are expected to develop more
freight traffic than they had year ago
Car loadings show no sign as yet of
any break in the volume of freight
movement. The normal advance in
freight movement is being accelerated
IN loadings of automobiles, grain, COAL
iron and steel, agricultural implements
and fruits. Passenger traffic has been
on the decline, but the rate of decline
in this department has been checked
and the season of heaviest passenger
travel is now approaching.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-23
BY KENNETH S. VAN sTRUM.


NEW YORK. April 23.-The soft
drink manufacturers, perhaps because
they do not produce a vital necessity.
were long overlooked by many investors.
The larger companies, however, en-
loyed steady growth and are now CIV
ing exceptionally favorable accounts of
themselves.
Coca Cola.
The Coca Cola Co. leads in the field
OF speciality drink manufacturing. Coca
Cola was first sold some 43 years ago
and, with the help of persistent adver-
Using. has gained a leading place in
the soft drink field
AS with other soft drink manufac-
turers. Coca Cola has benefited from
prohibition, although its growth always
has been steady The company has
several times issued stock dividends as
conditions warranted, but always has
been conservative in the matter of cash
dividends, reinvesting a good share of
earnings to strengthen its financial con-
dition and for business expansion.
For the last few years practically the
been 100000 shares of common stock,
which paid Sc in dividends. Late in
1928, however, 100000 "a" shares
were issued to common stockholders on
the basis of one "a" share for each
share common. The new stock Is en-
titled to SO cumulative dividends.
The chart shows the trend Of the
common stock for the past two years,
allowing for the aforementioned
change in its position. The stock has
more than doubled in value, while
earnings applicable to common under
the new plan have risen from $40
to $7.l9 a share. Previous records of
earnings show similar steady increases,
SO that, although the, 81 dividend
could not have been made several years
ago, it should have no difficulty in
amply covering this amount If its pres
ent growth continues.
At the current price Of 1870 the yield
Is 81 per cent on the new common
and is selling for 10 times earnings.
This price Is evidently based on the
expectation of future growth OF earn
ings.
Canada Dry.
Within a few short years the Canada
Dry Ginger Ale Co. has come to be the
largest manufacturer of ginger ale in
the country. Canada Dry" was intro
duced in 1923 and became popular inn
mediately. The company therefore ex-
panded as rapidly as possible into va
rious sections of the country.
Having proved what aggressive sales
methods could do in distributing this
product, the company has begun to buy
smaller ginger ale companies in various
localities. Chelmsford in New England
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-23
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE, Md, April 23.-Pota-
toes, white, 100 pounds, 65a1.00; new
potatoes, bushel, 1.25a2.5 yams, bar
rel, 2.00a3.25; sweet potatoes, barrel,
200a3.25; asparagus. dozen, 2.25a5.5 so;
beets. crate, 250a2.75; cabbage, hamper
60a125; carrots. crate, 2.25a3.25; celery,
crate, 1.25a2.75; cucumbers, bushel,
2.00a400: eggplant, crate, 1.75a3.25;
kale, bushel, 1712a40; lettuce, basket,
1.50a250; onions, 100 pounds, 2.00a4.00;
Spring onions, 100 pounds, 75a1.oo;
peas. bushel, 1,50a2.5o; peppers. crate,
2.50a5.5O; radishes, bushei, 5oa1 so;
squash. crate, 1.50a2.50; spinach
bushel, 50a90; tomatoes, crate, 2.00a6.00
apples, buShel, 75a200; grapefruit, box,
2.00a325; oranges, box, 2.25a4.00;
strawberries, quart, 10a20.
Dairy Market.
Eggs-Receipts, 724 cases native and
nearby, firsts, free cases, dozen, 27l2;
current receipts, 20a22.
Butter-Good to fancy creamery,
pound, 45a48; prints, 49a50; blocks. Asa
so; ladies. 35a39; store packed, 32a33;
rolls. 33a35; dairy prints, 33a34; process
butter, 42a43.
Live poultry-Spring chickens. pound,
46a53; Leghorns, 38a48; young chickens,
42a45; thin and poor, 25a28; old hens,
35a37; Leghorns, 30a32; ducks, 2oa28;
guinea fowl, each, 50a1.l0; pigeons,
pair, ISAAC.
Hay and Grain Prices.
- Wheat-No. red Winter, garlicky,
spot, 1924; April delivery, 1.22A.
Corn-No. export, April delivery, no
quotations; No. 2 yellow, domestic, spot,
1.O7a1 90: cob corn, 600 barrel.
Oats-No. 2 white, domestic, spot,
60a621s; No. 3 white, domestic, spot
58a5812.
Rye-Nearby, 1.10a1.15.
Hay receipts, none. While hay is
arriving here in limited quantities only,
1t is more than ample for the demand,
which is being supplied mostly by truck
from nearby points, few carloads
being received There is not enough
business passing to establish prices on
the various kinds on merit at a range
of 15,00a1600 per ton of timothy or
clover hay.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-23
RAIL SYSTEMS VIE
FOR COAST BUSINESS
California Furnishes battle-ground
for Struggle Recalling
Pioneer Days.
BY CARL G. BENJAMIN.

Special Dispatch to The Star.
SAN FRANCISCO, April 23.-Cali-
fornia from the Oregon line to the
southern part of the State, is witness
ing railroad war between giants Of the
industry, reminiscent Of the titanic
struggles of pioneer days in the then UNI
developed West. The Great Southern
Pacific System, which blankets the West
Coast from Oregon to the Mexican bor-
der and has two main routes East and
one southwark to Mexico City, Is bat
Ting against encroachment into its ter
ritory by the powerful Great Northern,
working in conjunction with the West
ern Pacific.
The specific move Of the attackers
just now Is an application before the
Interstate Commerce Commission for a
certificate of public convenience and
necessity for the Northern Pacific to
build a line from klamath Falls, heart
of a newly opened timber district in
Southernmost oregon, southwark to
Lookout, which Is at about the center
of a large, undeveloped mountainous
timber district in Northwestern Call
ton of the Western Pacific, competitor
of the Southern Pacific from San Fran
cisco eastward, for permission to build
from Lookout southwark to point near
Keddy, Calf, connecting with the West
ern Pacific's main line. The two prof.
ects total 200 miles.
The Great Northern recently pushed
southwark as far as Klamath Falls,
partly over the lines of the Southern
Pacific, which beats its rival to that I'M
developed territory, Now it seeks to
penetrate the Northeastern California
area, which is under development by
the Southern Pacific, and in conjunc-
ton with the Western Pacific to create
another rail link between the Northwest
and San francisco and another link
between the newly opened Southern
Oregon Northern California territory
and the East In both of these aims
the so-called "Hill' roads are opposed
by the Southern Pacific, which claims
1t is adequately serving the territory.
Six applications have been filed for
construction permits, with but one VIC
tory for the invaders thus far. A sub
sidiary line, the Sacramento Northern,
gained permission to build a mile Of line
into the expanding industrial section of
Pittsburgh, in the East San Francisco
Bay district.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-23
CHICAGO LIVE STOCK MARKET

CHICAGO, April % up Omitted
States Department Of Agriculture) -
Hogs-Receipts, $4,000 head including
1000 direct; market slow, mostly 10a20
lower; top, lilo, paid for around l80-
poung weights; bulk of better grades
hogs scaling from 100000 pounds. 11.35
a11.65; butchers, medium and choice,
250-300 pounds, ll.20al1.55; 2o0-25o
pounds, 11.25a11.70; 10000 pounds,
packing sows, 10.15a10.75; pigs, medium
to choice, 90a13O pounds, 9.50a1135.
Cattle-Receipts, $500 head; calves,
receipts. 1000 head; steer and yearling
trade slow, but less desirable killing
quality considered steady; she stock
mostly steady; heavy COWS easy; top,
14.75, paid for light yearling heifers;
choice medium weight steers held above
1875; slaughter classes steers. good and
choice, 1901 500 pounds, 13.50a14.75;
/ ,100-1,300 pounds, 13.50a14.85: 950-
LOO pounds, 13.75a15.00; common and
medium. $50 pounds UP. 10.50a13.75:
fed yearlings, good and choice, 750a950
pounds, 13.75a15.00.
Heifers, good and choice, $50 pounds
down, 1300a14.85; common and me-
choice, 9.85a12O0; common and me-
dunn, 85Oa9.85: low cutter and cutter,
675a8.50. Bulls, good and choice
(beef), 1025a11.50; cutter to medium,
850a1035. Vealers (milk-fed), good and
choice, 1300a17.00; medium, 11.00a
1900; Gull and common, 8.00al1 90.
Stocker and feeder steers, good and
choice (all weights), 12.50a13.50; COM
mon and medium, 1000a12.50.
Sheep-Receipts. 5000 head: fat
lambs slow, around steady; few sales of
clipped lambs. 15.00a16.00; best wool
skins held at 100 and above. Choice
wwwooled ewes, 1850: clipped wethers.
1125; best clipped ewes, 1000; a part
load Of 42-pound Spring lambs, 1900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-23
Business Notes
BY the Associated Press.

BY the Associated Press
NEW YORK, April 23.-The Ford
Motor Co. announces plans for in
creasing production in response to a
heavy volume of orders. March pro-
duction was 181 1874 cars. compared
with 125,984 in February. Reports
from branches and dealers are said to
indicate that the Spring demand is
greater than had been expected. Three
additional open hearth furnaces have
been placed in operation at the River
Rouge plant.
The independent steel ingot output
in the Youngstown district is estimated
at 90 per cent of capacity. Youngstown
Sheet e. Tube and Republic Iron &
Steel are operating at IS per cent of
capacity.
Union Electric Co. of st. Louis is
planning to build S30,000,000 power
plant on the Usage River about $50
miles from ST. Louis. 1t will have
10000 horsepower capacity.
The Fall wooden card issued by the
Textile Color Card Association features
browns. Capucine brown, with henna
cast, and Colorado brown, suggestive
of the canyons tints, are outstanding
among the new shades.
w. w. Hoagland, president Of Hayes
Body Co., reports that business is the
heaviest In the concerns history. All
departments are working 51a days a
week and night shifts are employed
in the metal stamping and steel manu-
featuring departments.
Stockholders of General Spring
Bumper Corporation vote May IS on
a plan for distributing one-half a class
B share to each class A or B share
held.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-23
OFFERINGS OF STOCK
ARE UNDER SCRUTINY
BY the Associated Press.

BY the Associated Press.
NEW YORK. April 23-Offerings of
stocks of foreign subsidiaries of the
Ford Motor Co. and in aviation COM
panies were under investigation today
by the State attorney generals Office.
Watson Washburn, deputy attorney
general in charge of the Bureau of Sc
curities, said about 20 firms offering
Ford stock were under investigation.
Some of them, he said. after accepting
deposits have apparently made no
effort to deliver the stock and have
been found to be backed by men with
unsavory regulations.
While no cases have been found
where depositors have been unable to
obtain return of their deposits. he de-
clared it an old dodge to use good stocks
as bait to entice investment in doubt
full stocks.
He said in the aviation field agencies
have been found recommending pur-
chase of certain issues of reliable back
ing which later net market profit
and put the investors in mood where
it is sometimes easy to pursuade them
to buy issues in which the elements are
not so good.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-23
Public Utilities

NEW YORK, April 23.--Stockholders
of Engineers Public Service Co. at the
annual meeting May 20. will be asked to
vote on an increase in the common
stock from 100000 to 100000 and
from 100000 to 100000 shares of pre-
ferred.
The report of Associated Gas & Elec-
trio system for the IL months ended
February % shows gross. including
with $4O,208,5s in the previous IL
months; net after taxes, $21 1862, 1888,
against $18017,352, and surplus after
charges, preferred dividends of under
lying companies, interest, depreciation,
etc, $6,957,288, contrasted with
$6,243,717.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-23

and G.. B. Seeley in New York were the
first two to come under Canada Dry
management and aggressive sales CAM
paignS are now being carried forward
for these two companies. Later Canada
Dry expects to expand into other local
ginger ale markets and to acquire food
manufacturing companies as well. One
of the first of these latter is the Camp
fire MarshmalloW Co..
Canada .Dry'S earnings have risen
steadily since its organization and be-
cause it is in sound financial shape and
has no senior obligations ahead of the
common it has been able to pay gener-
Gus dividends.
Earnings rose from $2.88 in 1925 to
$6.10 last year, while dividends rose
/ from 50 to S4. At its present price of
86 Canada Dry yields As per cent and
is selling at IA times last years earn
ings. Thus while 1t has not yet reached
the investment standing of Coca Cola,
the popular acceptance of its product is
factor not to be overlooked.
White Rock.
The White Rock Mineral Springs Co.
was originally incorporated in 1906 for
the purpose of selling mineral water
obtained from the springs on its proper
ties in Wisconsin. The company later
manufactured soft drinks such as
sarsaparilla, root beer and ginger ale.
Its products are sold principally under
the trade names Of "Clysmic" and
white Rock
While the business has made progress
since its organization, the demand for
its products has not mounted as fast
as that for certain other soft drinks
Since there were two issues of pre-
ferred stock ahead of the common the
company for some time considered it
prudent to build up its financial
strength by reinvesting earnings rather
than pay dividends. 81
BY 1928, when dividends were finallys
inaugurated on the common, the COM
pany had established an exceptional
earning power, and at present its cap
ital structure might be considered top
heavy for speciality company, except
for the fact that It's preferred divi-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-23
wheat VALUES GAIN
IN EARLY TRADING
Early Selling Forces Market
Down, but Rally Soon
Sets In.


CHICAGO, April 23.-After an irreg-
ular start, with May delivery touching
new 1ow-price record for the season,
wheat averaged higher early today. Raj
lies were ascribed to unfavorable crop
reports from. Europe and to emphatic
denials Of dissension in the Canadian
growers pool. Opening e off to " UP,
wheat later showed general gains, Corn,
oats and provisions also were firmer,
with corn starting at rs decline to u
gain, and subsequently scoring some
advance all around.
Commission house buying of wheat
enlarged today when the market at the
outset went below any level which
May delivery had heretofore reached
this season. Previous speculative sell
ers turned also to the buying side of
the market. None of the purchasing
was on the ground that this was the
seventh consecutive day upon which
price breaks had been witnessed, and
that reaction was overdue.
Friends of higher prices for wheat
contended also that indications now
pointed to passage of a farm relief
bill which the President could sign
It also was asserted that a goodsized
amount of export business in wheat
from North America had been done
over night, and that European con-
tinental countries were absorbing liberal
quantities of breadStuffs.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-23

NEW YORK, April % GP).-The Ger
man Reichsbank has made another
shipment Of gold to the Federal Reserve
Bank of New York. The consignment
amounting to $6,400,000. was one of a
long series of transactions by which
Germany has been strengthening her
balances in New York to meet the de-
preston Of German currency. She had
previously sent $15,000,000 in gold to
New York.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-23
COTTON PRICES GAIN
ON INITIAL DEALS
Market Irregular in Early Trad
ing-Buying Reported at
Liverpool.
BY the Associated Press.

BY the Associated Press.
NEW YORK, April 23.-Cotton
opened steady today at an advance of
. to IA points in response to higher
newal of near-montn Liquidation and
some further selling on favorable
weather reports. Early fluctuations
were irregular.
After selling up to 1924, July reacted
to 1919, and December eased of from
1889 to 1892. Prices steadied up again,
with the market ruling aboLt 10 to II
points net higher at the end Of the
first half hour.
Private cables reported covering and
buying for reaction in Liverpool and
improved cloth sales to South America
and Africa, but said yarns were pressed
for sale.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-23
Plan Stock Increase.

NEW YORK, April % R.-Stock-
holders of Engineers Public Service Co.
will be asked to approve an increase in
the common stock to 100000 shares
from 100000 and in the preferred to
100000 shares from 100000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-23
bends are being earned by such a wide

dends are being earned BY such q wide
margin.
The SIS dividend which Is now being
paid on the common has been covered
by q fairly. ample margin in each of
aging $4.02. At SO, the stock yields
So per cent which is somewhat above
that Of other leading soft drink manu-
facturers, perhaps because OF the fact
that this company's earnings have not
grown so steadily as the others.
(Copyright, 1921
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-23
CHICAGO DAIRY MARKET.

CHICAGO, April % CP.-Butter-
Lower; receipts, 14,407 tubs: creamery
extras, A: standards, 44A; extra f1rsts,
43a43la: firsts, 42a421a; seconds, 401aa
4l12. Eggs steady; receipts, 38,842
cases; extra firsts, 27a27la; firsts, 26Ha
26la; ordinary firsts, 25a26; storage
packed flrsts, 2sA; storage packed ex-
tras, 1924.
Poultry-Alive. easy; receipts, 6 cars;
fowls, 30a31 "; broilers, 44a47; BOOSTERS,
20; turkeys, 30; ducks, 24a30; geese, 10.
The Leaning Tower Of Pisa Is in
clined at present about 13 feet inches
toward the south.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-23
VIRGINIA COAL & COKE.
Earned $1.3o a Share on Preferred
in Quarter. as Against 1928 Loss.

Virginia Iron, Coal g. Coke Co. reports
for quarter ended March 81, 1929, net
profit Of $33,o48 after interest, depre-
c;ation, depletion, ETC., equivalent to
S1.30 q share on $4,000 shares (par
5000 Of per cent cumulative preferred
stock. This compares with net loss Of
$20,95 IN first quarter of 1928.
Income account for quarter ended
March 81, 1929, compares as follows:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-23
DIVIDENDS.

Stock Of
Corporation. Period. Rate Payable Record.
Equip Pub Ser
Corp Class A.. o's AS May IS Apr ~
Fisher Brass Co
Class A. pf.... Q so May 20 Apr 80
Isle Royale Cop
Co :............ so June 20 May 81
*. Judson,
Voehringer 10 so May IS May I
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-23
SILVER QUOTATIONS.
GERMAN GOLD SHIPMENT,

NEW YORK. April % OP).-Bar sill
yer, 554. Mexican dollars, AZ.