davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-28
CONVERTIBLE BOND
!. ISSUES ARE ACTIVE.
=
Utility and Copper Groups
Show straightforward
Becomes Heavier.
BY CHARLES F. SPEARE.

Special Dispatch to The Star.
- NEW YORK. February 28.-Specu-
lative conditions outweighed those OF
money rates today and were responsible
for an increase In the volume Of bond
transactions. This was largely in the
convertibles, which were more buoyant
than they have been in several weeks.
s. There was heavy turnover in Inter-
national Telephone AIS at an advance
of "a points. They have now recov-
cred all but ~ points Of the early
February decline of over points. The
new Atchison Az per cent convertibles
we're brought over from the outside mar
ket and contributed quite a bit to the
days total. They promise to be proml-
nent member Of the speculative bond
list.
Anaconda Copper rs rallied eight
points, touching new high for the
year. Public Service Of New Jersey 412s
gained 3 points and there were frac-
tional advances in Allegheny Corpora
ton SIS, American International 5l2S
and International Cement SIS, with the
italian convertibles moving in sympathy
with Americans
More favorable business conditions
helped such issues as Walworth 6 IS
and Deery rs, the latter advancing
nearly U pDlll1S 1lOHl bilCil lNNOiA1 NV
On the other hand. the heavy tone in
Consolidation Coal IS and Hudson Coal
SIS continued. and Dodge Is were freely
offered at par The proposed lease by
the Missouri Pacific of its subsidiary
lines has an interesting aspect in that
1t may make such issues as Interna-
tional Great Northern adjustment IS a
direct obligation of the parent COM
pany, and thereby materially improve
their status.
High money rates at the end of the
month kept the better grade issues
down. with the average for both this
group of bonds and for foreigns at the
lowest of hte year United States Gov
eminent issues were irregular. with
some of the Libertys higher and some
Of the Treasury certificates lower, but
small transactions in both
The first bond issues of the week
were offered today. one $l0,00o,00o
State of Louisiana highway SIS and the
other Pacific Public Service 6 per cent
convertibles. The condition of the
market for tax-exempt securities is
we'll illustrated in the high yield on the
Louisiana bond. Being tax exempt, 1t
gives a net return which makes some
Of the legal bonds and many OF the
second grade rails and public utilities
look high in spite Of the decline that
they had in recent months.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-28
Special Dispatch to The Star.

SpeClbl DlSpdtCH TO Inc 0taI,
NEW YORK, February 28-This Is
the first week during February that
Wall Street has approached the Thurs
day meeting of the directors of the
New York Federal Reserve Bank with
out anxiety as to what may happen
to the rediscount rate. The general
opinion now is that it will not be
changed. at least not until after the
Treasury financing on March Is has
been completed.
It would be most unfortunate II the
Government had to carry out refund
ing operation with the bond market
stagnant, yields on Government issues
much higher than the rate on the GER
tifcates to be retired and the handicap
Of 5i2 or 6 per cent bank rate to
boot There are already enough diff
culties in it's way with acceptances at
5A per cent, commercial paper at 5&
per cent, time money at 734 per cent
and the renewal rate for money at the
end of the month up to 8 per cent and
outside loans as high as gig per cent.
The domestic money rates are very
disturbing to English bankers, for they
are so much above what they can pay
to their depositors that English lenders
continue to put their funds in the New
York market, which also has been re-
ceiving additional capital supplies from
the Continent. Although the Bank OF
England recently raised its rediscount
rate from AZ to 512 per cent. it Is
having dificulty in maintaining Its
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-28

market Since the volume Of foreign
loans has recently fallen off, it Is not
expected that foreign lenders will great
ly increase their loans in the near fu-
ture.
Finally. large supplies Of call money
are furnished by individuals and in
vestment trusts who have large cash re-
sources and are awaiting the time when
security prices will fall back to levels
where they consider them cheap. AS
security prices rise the amount of money
coming from this source increases and
thus accelerates the rise.
Thus investment trusts and corpora
lions. instead Of paying dividends to
stockholders or investing themselves
place money on call, where it can be
used to buy more securities than could
be purchased outright. Foreign banks
have been supplied with funds by Amer
lean investors which are being loaned In
the call money market. Investors them
selves are furnishing large sums OF
money.
Since the American investor either
owns or is responsible for most of the
SURPRISES being loaned by Others" and
which have played such an important
part in raising stock prices to present
levels, to some it looks as though the
investor had raised himself by his own
boot straps.
(Copyrigf1t, 1921
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-28
COPPER AT HIGHEST
POINT IN 10 YEARS

By the Associated Press.
NEW YORK, February 28. The
scramble by consumers to buy copper
today had sent the price of the metal
up n of cent pound to 1914 cents.
Sales of both domestic and export cop
per were reported to have been made at
that price. the highest in 10 years, and
a rise of IA cents this week
In trade circles the situation was de-
scribed as out of hand because ultimate
consumers here and abroad were buy
ing so much copper they were leaving
the producers short of the metal and
forcing the latter to withdraw from the
market. The advance was expected to
continue until a new level of stability
between 1871 and 20 cents Is reached
No recessions were expected until June
at the earliest.
The American Brass Co., subsidiary
OF the Anaconda Copper Mining Co,
raised prices on its products "a to - q
cent a pound to keep pace with the
mounting quotations of the refined
metal.
Reported sales of export copper this
month totaled $1,000 tons, with no signs
of a let-up in demand, while domestic
purchases in the past week totaled
$4,000 tons, more than half Of 1t for
June delivery.
Speculative demand Is said to have
been a factor in the present rise, in
spite OF efforts Of producers to pre-
vent 1t.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-28
Use for Peanut Shells.

In the manufacture of concrete for
use on some floors where strength is
not required and lightness is desired,
there has been made use of a conbi-
nation OF wood chips and concrete which
answers great many purposes, but
the material was more expensive than
it need be by reason of the fact that
the chips had to be especially prepared
for the purpose. Peanut shells have
been experimental with for the purpose
and have been found to be quite salts
factory and to cut the cost.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-28
Lived Million Years Ago.

One Of the most remarkable and most
perfect fossil specimens in existence has
recently come into the possession Of the
Peabody Museum Of Yale University.
It is the fossil of the ground sloth, or
Nothrotherium, existing in Pleistocene
times from 100000 to 100000 years
ago. The fossil is described by Prof.
Richard s. Lull. director of the museum
and sterling professor Of vertebrate
paleontology, as being in a most unusual
state of preservation. for not only is
the entire skeleton present, but the
bones are held in articulation by the
original tendons and liganents. There
are also several patches of the hide.
The hair remaining is dense, rather long
and straight and of pale yellow color,
which gives fair conception of the
clothing of the entire body.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-28
Convertible Stock Called.

NEW YORK, February % Especially
Directors Of Public Service Corpora
ton have called for redemption on May
l at ITO and accrued dividends the en-
tire outstanding convertible preferred
stock. This stock is convertible up to
April % at the rate of five common
shares for each preferred share. OF the
total issue of 100000 preferred shares
10000 shares already have been con-
verted into common.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-28
BILLION-DOLLAR AGE SEEN.

NEW YORK, February % P).-Im-
pressed by huge bank mergers and
growth of great corporations, Wall
Street is heralding the true arrival OF
the billion-dollar age. The billion dol
lar or more list now includes 10 cor
porations and bankS-the New Guaran-
ty-National Bank Of Commerce COM
bine, United States Steel. Consolidated
Gas. National City Bank, Chase Nation
al Bank. Standard Oil of New Jersey,
American Telephone & Telegraph, In
ternational Nickel, General Motors and
General Electric. United States Steel is
rated as a s2,5o0, 600, 900 company.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-28
Dry Sleuth's Lie, Question.

Should a dry sleuth lie in obtaining
evidence against bootleggers, was the
question raised in Glasgow, Scotland
Central Police Court recently. The
sleuth had testified that he bought beer
and whisky from a woman after she
had asked him If "the coast was clear"
and he had replied in the affirmative
so you were guilty of archaeological
inexactitude, which is the parliamentary
name for lie," declared the accused's
attorney. The judge ruled that the lie
did not absolve the woman, who was
fined.
The Daily Alaska empire., 1929-07-25
NEWSPAPER WOMAN STARTS RACE
 FOR COVERNORSHIP OF TEXAS

AUSTIN, Tex, July 25.-A news paper woman has announced her candidacy for the Governorship of Texas-a year in advance of the 1880 primaries.
 Miss Katie Daffan's campaign will mark her debut in the political are ma. It may be the climax of an active literary career and many years of leadership in Texas wom- ems organizations.
 Sponsoring her candidacy is the Texas division of the United Daugh- ters of the Confederacy, of which she has been president four times.
 This second woman to seek the rank of chief executive in the Lone Star state may be opposed by Mrs Miriam A. Ferguson, who was gov ernor before Dan Moody, the in cumbent. Some political prophets say that Mrs. Ferguson again will be a candidate She was defeated for reelection last year.
 The states men politicians, true to tradition, do not take Miss Daf- fans candidacy seriously. Neither did they take Mrs. Ferguson's as- pirations to mean anything a few years ago.
 At present Miss Daffan is liter ary editor of the Houston Chroni- cle. She has been state president of the Texas Women's Press asso- citation, state historian of the Daughters of the American Revolu- tion, State Secretary of the General Federation of Womans Clubs and Superintendent of the Confederate Womans home.
 Miss Daffan probably will find herself in large field of candi-
The Daily Alaska empire., 1929-07-25
MISS DEFAULT AND
 MIR. CUNNINGHAM
 WE'D; RESIDE HERE

Miss Velma V. DeVault, last night became the bride of MT Enoch J. Cunningham, the ceremony taking place at 7:30 o'clock, Rev. Harry R. Allen officiating. The bride was attended by her mother, Mrs. Elsie DeVault, and MT. Roy Thom- as attended MT. Cunningham.
 Following the ceremony, MT. and Mrs. Cunningham were guests at n wedding supper given by Miss Mary Young at the Arcade Cafe, covers being laid for eleven. After ward, a reception was held at the home of MT. and Mrs. William My ren.
 Mrs. Cunningham moved here about three months ago with her mother and brother. She has been employed at the Arcade Cafe since that time. MT. Cunningham, who is connected with the Juneau Bak- cry, has resided here several years. He is prominent in athletic circles, is veteran of the World war and active in American Legion work here. They will make their home in the Myren Apartments.
The Daily Alaska empire., 1929-07-25

SALINAS, Cal, July 25.-Success- ful manufacture of automobile tires from Guayule, rubber-producing plant, has led to an increased acre. age of the Mexican shrub in Ia counties of California and Arizona. More than 4,000 acres are planted to Guayule in Monterey county, California. alone.
 The development of this new in dustry has progressed to the point where 600 pounds of rubber is ob- tained from single acre at che harvesting. Since it requires four years for the plants to mature, this is an average of 400 pounds of rub Der per acre yearly
 Use of the Guayule plant, pro- nounced "Y-U-Lee," for extracting rubber is not new. It has been practiced in Mexico for more than twenty years, and from one to two per cent of all rubber used in auto mobile tires has been Guayule. However, the California and Ari- zona undertakings are the first successful efforts to grow the plant commercially The Mexican rub Der product is obtained frmo na- tive plants that grow wild.
 First experiments with Guayule in the United States were conduct ed by the American Rubber Pro-
The Daily Alaska empire., 1929-07-25
FRISCO PLANS ALASKAN TOUR,
 CHAMBER TOLD
San Francisco Ch hamb e r May Stage Trip North in
 l930, Says Gov. Parks
Continued from Page One)

said Gov. Parks, were better than had been anticipated last Spring, except for the extreme southeastern portion of the country.
 In Washington Gov. Parks met Commissioner Myers of the Unite States Shipping Board who will visit Juneau next month. MT. Myers was interested in the possible de- velopment of trade between Alas ka and the Orient. He is coming here to get information on local conditions and the Governor ex- pressed the view that his visit would be of material importance, and that the data he assembled would re- suit in local benefit, if not immedi- ately at some time in the not too distant future.
 No Compensation Report
 The Legislative Committee, Chair man R. E. Robertson, said it was not ready yet to make a report on the Alaska Compensation Act and the Hyder Chamber of Commerce's resolution condemning it. Addi- tional information, on the Oregon, Washington and British Columbia industrial insurance acts has been wired for, and when it is received the Committee will render it's re- port, probably at next weeks meet ing.
 The Executive Committee was directed to discuss with the City Council the enforcement of the To- cal ordinance requiring building permits to be obtained in the con- struction and improvement of build ings.
 Further correspondence relative to the projected Juneau-Chatham Strait mail service, was read.
The Daily Alaska empire., 1929-07-25
rmS

We are now reauy to aIcer or make up your furs. Goldstein's Emporium. adv.
The Daily Alaska empire., 1929-07-25
CHAMBER HOST TO COMMITTEE
 VISITING HERE
Will Entertain Congress- men on Their Arrival
 Here Next Week

Members of the Congressional Appropriations Committee who will arrive here next week. will be in vited to be guests of the Chamber of Commerce at it's weekly noon meeting it was announced today by President H. L. Faulkner. The party is composed of five members of the House comprising the Agri- cultural Subcommittee and Maj. R. Y. Stewart, U. s. Forester, and is accompanied by Commissions Charles H. Flory of the Department of Agriculture.
 The party will leave Seattle next Monday. It is due to arrive here sometime Thursday and will spend all of Friday in this city. If it arrives sufficiently early Thurs day, the meeting of the Chamber will be held as usual on that day, otherwise it will be postponed un- til Friday.
The Daily Alaska empire., 1929-07-25
Col. Lindbergh Turns to Aerial 

SANTE FEE, New Mexico, July 25. Indian ruins of old at Coronado have been photographed by the modern method, from the air by Col. Charles A. Lindbergh, who brought the films here and which were developed by the American Research Laboratory.
 The pictures are destined for the Carnegie Institute and were the first results of the successful ap- plication of aerial photography to archaeological purposes.
 The entire district would take weeks by ordinary methods besides revealing traces of the ruins easily missed by ground workers.
The Daily Alaska empire., 1929-07-25

We mase anu a.s1- au kinds oi fur garments. Goldstein's Elm oorium. -adv.
The Daily Alaska empire., 1929-07-25

Fresf roaSIeu peanuts aDd pop rcrn. Juneau Ice Cream oarlors.
The Daily Alaska empire., 1929-07-25
NEW SHIPMENT

Latest model Victor Radio with Electrola for your inspection. An derson Music Shoppe. adv.
The Daily Alaska empire., 1929-07-25

dates. Politicians predict a multi cornered race to determine who shall succeed Governor Moody
The Daily Alaska empire., 1929-07-25
Killed 0n Initial
 Flight; Instructor
 Also Meets Death

LOS ANGELES, Cal, July 25.- A student and instructor are dead as the result of a 3,50O-foot dive which terminated Grady Paschalps initial attempt at flying. He is be- lieved to have been frozen" to the controls as Lieut.. Ralph Benson sat powerless to avert the disaster. The nose of the plane was buried six feet in the ground. The craft was demolished.
 An Arkansas flying school re- quires students to construct and fly an airplane.
 Try the rive o'clock Dinner Specials at Mabr7's. adv.
 LODE MINING CLAIM LOCA- TON NOTICES AT THE EMPIRE
The Daily Alaska empire., 1929-07-25
MRS. WILLIAMS RETURNS

Mrs. J. P Williams and son, Dean, who have been on a two months trip on which they visited friends in Yakima and Wenatchee Wash. arrived in Juneau yester- day aboard the Alaska.
The Daily Alaska empire., 1929-07-25

Have you tried the Five o'Clocl Dinner Specials at Mabry's Cafe?
The Daily Alaska empire., 1929-07-25
"UnloadeP" Pistol Contains Bullet; Man Fatally Wounded

. ALLENTOWN, Penn, July
 . 25. - Capt. William Kieb,
 6 widely known live saving in- . structor and field represen- 0 tative of the American Red 0 Cross, was fatally wounded 0 while demonstrating to the 0 police the latest method of c getting away from a man Q holding a pistol at his back. , The gun used in the demon D stration was thought to be , unloaded but contained } bullet.
The Daily Alaska empire., 1929-07-25

ducers, Incorporated, a subsidiary of the American Rubber Company
 In 1926 200 acres were planted and each succeeding year an addi- tional area was cut in until this year the company's plantings total 2,200 acres.
 J. M. Williams, manager of the operations at Salinas, says Guay- ule rubber can be produced at a profit on land suited to it's culture. It should be of light texture, free from hardpan in a climate of not less than 10 inches rainfall in win ter and level enough to permit the use of four row planting machines and cultivators.
 Guayule rubber is not obtained, as is Para rubber, by tapping the tree or plant The entire shrub is plowed out and ground up. The fibre water-logs and goes to the bottom while the rubber floats to the top and is drawn off.
The Daily Alaska empire., 1929-07-25
J. P. ANDERSON IS TO
 ATTEND SOCIETY MEETING

J. P. Anderson, local florist, left Juneau on the Yukon for Seattle. Mir Anderson. who intends to be away for about a month, will at tend a convention of the Horti- cultural Society which will be held in Cheyenne, Wyoming. Later, he will visit relatives and friends in Lincoln, Neb., and in Ohio.
The Daily Alaska empire., 1929-07-25
Sitka Invites N. E. A.
 To Meet There in 30

CHEYENNE, Wyo., July 25.-Sit- ka, Alaska, was included among the Is cities which rendered invitations for the National Editorial Associa- ton to hold the 1880 meeting in their city.
 The convention adjourned late yesterday after electing officers. Limuel c. Hall, of Wareham, Mass, was elected President.
 Try a HOT TAMALE after the show. Juneau Ice Crean: farlors
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-13
By G.. Gould Lincoln.

emphasize the fact that they did not contemplate
nor desire alliance, actual implied, be-
tween their nations. They did emphasize on the
other hand that each nation would seek to use
its influence to secure and to maintain peace
through its own sphere.
But the announced accord between the two gov
ernments and the joint statement of the Presi-
dent and the prime minister after all the
immediate results of a meeting between two
democratic leaders of two great governments both
of whom have abiding passion for world de-
velopment along peaceful lines.
The prime minister Is great believer in per-
sonal contacts. He found President Hoover ready
not only to meet him half way. but to 60 to the end
Of the road. The President, igurativey speaking,
tdcked the prime minister under his arm and
carried him of to the inaccessible hills Of Vir-
gna's Blue Ridge. There, for day and two
nights. the heads of the two governments met
on the most intimate terms discussed the prob
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-13

cal application of the philosophy. For
it is evident in the above citation that
Dewey was rebelling not only against
the notion of childhood as merely a
preparation for adulthood, but in gen.
eral against the theory that any activ-
1ty whatsoever is a mere means to some
external end. He was committed to
metaphysical democracy, and meta
physics is the last realm to expect or
welcome a democratic regime.
The one-time immortal Emmanuel
Kant had taught that person is a
physical anomaly; he is morally an end
in himself. whereas in physical nature
he is merely link in a chain of events.
Dewey. on the contrary, claims not only
for each person but for each particular
event an intrinsic quality which digni-
fies 1t with reality and which is as
genuinely natural as mechanical or
casual relations are. It is this willing
ness to descend from the worship of
universal to the analysis of particulars
that is the most characteristic feature
Of Dewey's mind, and that makes him
prominently the philosopher of an
ideal and liberal democracy.
He had become attached to liberal
ism in his student days at the Univer-
sity of Vermont and at Johns Hopkins.
WIicIe nc CdHle uIlucI the ulLuSuCS Oh
Coleridge, Emerson and T. H. Green,
but what finally emancipated him from
the cumbersome and academic systems
of transcendentalism was his discovery
In 1891 of James Psychology" In 1t
he not only found the instrumental
theory of concepts" on which Dewey
logic is based, but also experienced that
contagious mental "loosening up" with
which James infected his generation
and which made him the father of
American philosophy.
The first significant fruit Of Dewey's
discovery was his Studies in, Logical
Theory" published In 1908, which
startled philosophers, among them even