davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-03
Spanish War Veterans

Comradship committee, Ernest r.
Graves. chairman; James l.. Dawson,
George E. Burdick, Chauncey l.. DAVIS
and William H. BarStow.
Recruiting committee, James l.. DaW-
son. chairman; Ernest r. Graves, ID. r.
Cooney, Judson l.. Mason and Chauncey
L. Davis.
Employment committee, Ernest r.
Graves. chairman: Richard l.. Lamp
and James G. Yaden.
Entertain -ent committee. George
McDermott, chairman; James l.. Daw-
son, John 0. Berkeley, William P. DAVIS
and John Farmer.
Memorial committee, John Farmer,
chairman William P. Davis, w. S.
Hodges, Sheridan Ferree and Stuart
Hilder.
Program committee, John O. Berkeley,
chairman: Ernest r. Graves, Arthur
G.. Webster. George McDermott and
Peter j. Traxler.
Grievance committee. Lee Fl. Harris,
chairman; James L. Dawson and John
J. Kiley
Thomas Saunders was mustered in
as an active member of the Col. James
| S. Petit Camp at its last meeting.
The following applications for men,
bership were received: Clarence A. Al
len, Battery H, 4th United States Ar
| tillery, and George M. Ryan, Company
H, 1st District of Columbia Volunteer
Infantry.
The sick and relief committee re-
ported Fred A. Deck in Walter Reed
Hospital, John G.. Faust in the Naval
| Hospital, F. 1. Weber in the Soldiers
Home Hospital and the following i'll at
their homes: John L. w. Burke, Milton
| L. G. Smith, Willard H. Wheeler and
| william P. Irving
Past Department Comdr Arthur H.
League and Adjt. Print E. Shomette of
the Gen. Nelson A. Miles Camp, gave
short talks on the good of the order.
Comdr. Charles P. Galpin of the
Gen. Nelson A. Miles Camp, in general
! orders No. /, has announced the ap-
pointment of the following committees:
Recruiting committee, Elias Biesinger
chairman; Print E. Shomette. William
H. Cooper, Edwin M. Luskey, William K
Swanson, j. K. Edwards and Robert E
Culin. =
Sick and relief committee, Alexander
T. jenkins. chairman; Charles L. Davi-
son, James B. Carver, Gerald F. McGil-
! Ecuddy, Mrs. James G. Ruby, Miss E.
v. Hassom and John A. Baxter.
Entertainment committee, Edwin M
I4uskey, chairman; Cleveland Kenni-
cult, Joseph A. Atwood, Milton D. Met
tee. p. Sopolowski, Gerald Fl McGilli-
cuddy, Frederick Zulch. Charles F.
Burkhardt. Harry j. Stahl. Jerome
Shipman, j. P. Fitzpatrick and Print E
Shomette.
George v. McAlear was appointed
chairman of the employment commit.
tee and Department Adjt. A. Eugene
Pierce chairman of the grievance com.
mittee.
The camp at it's last meeting mus
tered in as active members, William A
Hickey, Company c, 1st Regiment, Dis.
trict of Columbia Volunteer Infantry:
Charles Pangle. Hospital Corps, United
States Army, and George L. Saxton
Company A, I'd United States Infan.
| try The following were elected tc
membership and will be mustered in al
a later meeting: Winburn c. Adcock
37th Company. Coast Artillery Corps;
James E. Lay, Troop c, LIST United
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-03

not static as is that of the trusts"
They are constantly on the move. They
take profits in one group of shares and
go out in search of others that seem
underpriced. Evidence. of this is to be
found in the reports of score of them
for 1928, majority showing profits OF
a trading character ranging from so to
85 per cent of all profits taken during
the year.
In the past two weeks over $500, 000,-
900 in new capital has been offered for
public subscription under the general
term of investment trusts" Actually
most of this represents corporations
formed for the specific purpose of doing
on a large scale what the public or
the professional trader has been doing
in more limited way for the past IL
months This is one of the new in
fiuences in the speculative situation
which must be recognized as perma-
nent, even though it may be of de-
cidedly dangerous character.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-03


At their low prices last year, the
average of 10 popular public utility
common stocks was $51 a share. At
their high this week the same group
showed an average market value of Sill
share Some of the issues making
the largest gains have yet to pay divi-
dends. On others. the amount of re-
turn from earnings is still quite
nominal.
Investment Trust Influence.
There are variety of opinions as to
the influence of the investment trusts
or trading corporations, in the present
rising market for stocks. Generally
speaking, the trusts" that were formed
prior to 1928 have not been an i'm
portant factor in the absorption of
junior issues. Most of them are still
large lenders Of money on call or have
a high proportion of their funds in
vested in attractive yielding securities
of foreign origin.
The later organized companies. how
ever. have undoubtedly been responsible
for the withdrawal of large blocks of
stock from the market. Their policy is
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-03
INCOME REPORTED
BY TELEPHONE CO.
December Figures Show De-
cline From Previous
Months Total.

Net income of the Chesapeake 8,
Potomac Telephone Co. in December
totaled $107,56O, compared with net
return in November, 1928, of $131 ,556
and in December of the previous year
of $59.988. according to the monthly
report filed yesterday with the Public
Utilities Commission. The decline, In
comparison with November was due
largely to considerably heavier operat-
ing expenses in December, which cut
down gross income. .,...,
Capital expenditures for outside plant
facilities and central office equipment
added to the system in Washington
during 1928 amounted to $2,629 ,612, ac-
cording to Ihe statement. Retirements
for this pesiod were $1,445,751, making
net additions for the year 81 ,183, 86l.
Telephone operating revenues for 1928
we're S7,914,206; operating expenses
were $5,612,862, making net operating
revenues for the year ending December
81. 1928, $2,301, 344.
The operating revenues for the month
of December were $685,381; operating
expenses during the month were $5l8,-
9l3, making net operating revenues for
the month $166.468.
Taxes aSSlgnabfe 10 operations Iol tle
month of December amounted to $34,-
022. During the year 1928 taxes assign
able to operations amounted to $546, 126,
which was an increase in taxes over
1927 of 1.8 per cent.
On December 81 the District of Co.
lumbia was served by $50 1850 telephones,
an increase of GIFTS since January /.
During the month of December Wash
ington users made 100000 telephone
calls to out-of-town points, an increase
of 79 per cent over the same number
made in December 1927.
Comparison of earnings for December,
1928. with the corresponding month in
the previous year follows:
Dec 1927 Dec. 1928.
Total operating revenues. .$660.664 $685.. 1871
and uncoliectible $3.50. 5ss,so2 518,sls
Net operating revenues. $122,362 $l66,468
Taxes aSSignabe to opera
lions SS,UtU S7,V3<
Operating income. $50. 2e2 $l32,446
Incorporating income. $50. 9i4 1897
Gross income. 1900. S84,206 $l37.443
Rents and miscellaneous
deductlonS ....,......'.. 5.24z 5'5lu
$4,000 $I33.533
Interest deductions. 20,976 25.973
Net income. ............... $5s,sss slo7.56O
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-03

privilege. There are now about $780,
600 900 in national bank notes in cir
culation, and at various bankers con-
ventions the sentiment was voiced in
resolutions that national banks be per-
mitted to continue the bank note cir
culation privilege. Retirement at this
stage would doubtless have disturbing
effect on the money situation.
With the approval Of his program by
Congress, the Secretary of the Treasury
will prepare to isue national currency
notes in reduced size, and with new
design to conform to the general re-
duction and new design Of currency to
20 into effect july. !.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-03
MEETINGS THIS WEEK:

Gen. Henry w. Lawton Camp,
tomorrow night, Pythian Temple.
Col. John Jacob Aston Camp,
tomorrow night, Stanley Hall,
United States Soldiers Home.
Richard y. Harden Camp,
Thursday night, Pythian Temple.
Gen. Nelson A. Miles Camp,
Friday night, Pythian Temple.
Admiral George Dewey Naval
Camp, Friday night, Northeast
Masonic Temple, Eighth and F
streets northeast.
Admiral George Dewey Naval
Auxiliary, tomorrow night, North
east Temple, Eighth and F
streets northeast.
Col. John Jacob Aston Auxiliary,
Thursday night, 921 Pennsylvania
avenue southeast.
Gen. Nelson A. Miles Auxiliary,
Friday night, Pythian Temple.
Washington Temple. Lineal So
ciety of the Spanish War, We'd
nesday night, Pythian Temple.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-03

Gle that surrounds prices and loans Is
to be broken, for there can be no ma
teriai reduction in loans without heavy
liquidation, and as the Fdereal Reserve
points out this week. any withdrawing
of the loans by Others" Immediately
burdens the banks, and, thereby. causes
money rates to rise. Some bankers fear
that continued rising market and an
expanding brokers loan account Will
have their effect on general business
IN the next few months and that stocks
will eventually react when the compe-
tition between speculative loans and
commercial loans brings about de-
crease in trade and creates condition
of unemployment similar to that OF
a year ago. .s ....
The involved nature of the credit sit
uation affects not only this country, but
has become serious matter abroad.
London is losing gold rapidly. Since
last September the Withdrawals for Ger
man and American account have been
approximately $125, 100000. If the Fed
eral Reserve raises its discount rate in
order to impose a heavier penalty on
speculation here, additional gold will
be taken from London. On the other
hand, if London feels 1t necessary to
protect her supplies of the yellow metal,
the simplest method of doing this would
be by an advance in the Bank of Eng
land rate This, however. would i'm
pinge on British industry. which is suf-
fering from the economic and social
revolution from which British trade
has been depressed for the past nine
years. Escape from the tangle into
which credit conditions have gotten. as
a result of worldwide speculation in
securities, coincident with the final
steps iii currency sterilization. is not
yet in sight.
Utility Stocks Move Up.
The market phases this week are
worthy of some analysis. One was the
movement in public utility shares and
the other the further expansion in in
vestment trust or trading corporation
operations.
The first of these expressed itself in
violent advance in the shares of score
of holding company stocks. Many of
the phenomena of 1926 were duplicated
and, as IN that year, the exploitation of
the junior issues of the power COM
panieS was based on rumored CONSOLE
dations and pyramiding of prices fol-
lowing appreciation in those of stocks
of operating companies. There is this
difference, however, in degree that
whereas two and three years ago it was
felt that the favorite public utility
shares should sell at Is to 25 times their
earnings not few of them have re-
Gently been quoted from 80 to so times
earnings
The extent of the rise from the low
level of 1928 to the high figures of this
week, may best be expressed in per-
centages of advance from the one mar
ket level to the other, in the following
shares:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-03
HEAVY OUTLAY PLANNED.

RICHMOND, February (SpeciaD -
In addition to the $7.500000 allocated
10 the Guyandot extension into new coal
fields in West Virginia, about 100000
will be spent this year by the Virginian
Railway on extensions and betterments.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-03

has been centerlng
In this stock be-
cause of the spirit
ed bidding which
has be e n taking
place previous to
tomorrow'S annual
meeting. Moves to
gain control. or to
obtain large blocks
OF the stock for
tnve S t ment pur-
poses, have been
noted for months.
but this week saw
the stock sell on
the exchange at
9125 per share for
the first t i m e.
Yesterdays S al c S
fntaled 900 shares.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-03

Among the superstitions of British
herring fisheries, according to A. M.
Samuel of the British treasury, one
is that mention of the words hare. rab-
bit. pig. salmon or minister will bring
bad luck.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-03
TRADING IS ACTIVE
ON D. c. EXCHANGE
Washington Gas Holds Gen.
ter of Interest-LanSton
Scores New High.
BY EDWARD C. STONE.

In heavy trading on the Washington
Stock Exchange yesterday sales in
Washington Gas Light stock again took
place at the high mark Of l25. Interest
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-11-21
Notu Presents This Sensational
Advancement in a New Series
of Radio Receivers That Has
Taken the Country by Storm {.
Call Your Nearest Fada
Dealer for a Demonstration

The new FADA Vibra-Control radio re-
ceiver offers you radios latest and greatest
achievement. Ask your Fada dealer to let
you hear one of the new Fada radio receivers
and you will discover tone realism impossible
without Vibra-C Control.
Perfect coordination that was the
secret the coordination of the IA
nous Fada receiving circuit the
rich, mellow FADA full-power Dynamic
speaker . the acoustically correct
Fada consoles all three inter-tuned
that every note each delicate graduation Of
tone is now brought to you exactly as it en-
ters the studio microphones.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-11-21
You Do Not Gamble When
You Buy a Fada Radio

Fada Radio is manufactured by one of the
oldest radio manufacturers in the business
Fada has been the standard of radio
for many years. We honestly believe
that Fada radio offers the greatest dollar
for dollar value on the market today =.
Every Fada dealer is equipped to give you
the best of service and will gladly demon
strate one Of the new Fada Vibra-C Control
receivers in your home without obligation.
Smyrna times., 1929-02-27
SMYRNA MUNICIPAL ELECTION
RESULTS IN NO REAL CONTEST
E. I. PORTER AND V. LAY PHIL
LIPS REELECTED To COUNCIL
G. r. Stevenson Succeeds Grieyes.
Walter w. HynsOn Town Treasurer
and Clark NJ. Knots. Assessor

The Annual Town Election took
place Monday afternoon between the
hours of two and five o'clock and the
whole administration ticket was elect
ed with but a few scratched votes.
Edward I. Porter, Vernon Law Phil
bps and G. Reynolds Stevenson. were
elected for term of two wears.
Messrs. Porter and Phillips, both of
whom had been members Of Council
We're reelected. G. Reynolds Steven
son, new member was elected to sue
ceed Harry B. Grieves, who refused.
on account of i'll health, to run an
other term. Walter w. Hynson was
reelected Town Treasurer and Clark
NJ. Knots was reelected Assessor
The election of all was a foregone con
clusion since there was no opposing
ticket in the field. NJ. V. Ford and
John =. Mannering, who had been
nominated for Council at the previous
special meeting, withdrew from the
contest, leaving but three names on
the ticket. As the member to be elect
ed this year was three, there was no
other alternative but to vote for all of
them, thus robbinb voters of anv
chance for contest. An opportunity
was given to file nominations with
Council ten days before the election.
but no other nominations for Council /
we're made except those announced
ast week. There We're only so votes |
oolled. Edward T. Porter received 50 /
7otes; Vernon Lay Phillips 43 votes, 4
md G. Reynolds Stevenson 40 votes.
I'll three are good men, have the in
crest Of the town near and dear to
cart and since much work remains
Q be finished on street extensions and
ther town work, it is well that most
+ the old Board is held intact. The
lection board on Monday was compos-
& Of Eugene Porter, inspector, and
lrs. Nellie Roland and Mrs. Bertha
}. Clifton, clerks.
Smyrna times., 1929-02-27
SMYRNA MEMS FORUM MEET
Held Their Regular Weekly Meeting
at the Fire House Thursday Evening

ms organization, sponsored by the
Key. +. "A. Lemoine, is a new idea in
Smyrna, and bids fair to become one
Of the strongest bodies of its kind in
the State. The meetings are open to
the public and a marked increase has
been noted in attendance since its in
augural, one month ago. It is the
privilege Of any one attending this
Forum to bring up any subject he re-
CARDS important, which associates it
self with civic, state, national or in
ternational affairs. After a prayer,
opening the meeting by Rev. Lemoine,
Millaway Broadway was elected sec
retary. The subjects under discussion
We're better roads for our rural com
munities by w. W. Wright, chairman
and President. Discipline in the pub
lic schools, and the new canning fac
tory designed to can corn, peas, etc.
which is making an effort to establish
IN Smyrna. George w. Cunning,
chairman of the program committee,
the program for tomorrow
night, Thursday, the 9th, 8o'clock. A
debate, "The Jones Bill Shall Pass" is
scheduled-Harvey C. Jones, vice
president of the National Bank. and
George w. Cunning, the affirmative,
and Rev. E. L. Lemoine and Walter
Ford, the negative. The Jones Bill is
the amendment of the liquor law,
passed by the U. S. Senate, which pro- |
Vides for an offender to receive the I
maximum penalty of $4,000 fine, 5
years in Jail or both. This debate will |
'urnish plenty of thought for every
me and the Forum welcomes any Wis
tors or clubs who care to attend.
Smyrna times., 1929-02-27
g CAPITATION TAX PROVIDED
IN BILL OFFERED At DOVER
EVERY RESIDENT OVER q YEARS
WILL BE REQUIRED To PAY
Capitation Tax Replaces Filing Fee
Each County Would Get Half of
Amount and Schools the Other

All residents of the State of Della
ware will be required to pay a capita
ton tax of 81 per year if the bill in
troduced Friday by Senator Simonton
becomes law. Under the provisions
of the bill the tax would be assessed
IN January of each year and would be
effective for the first time in 1880. One
of the provisions of the bill is that the
money shall be used in the county in
which it is collected. One half of the
money would go to the school fund.
Ihls tax would take the place of the
So filing fee paid for some years until
the law was repealed two years ago.
The bill makes it the duty of the State
lax Department to assess for the cap
itation tax in the month of January
of every year. That department would
also be required to collect the money
and to separately account for the tax
collected in each county. Half of the
amount collected in the county would
be paid to the county treasurer while
the other half would go into the State
school fund for the exclusive use of
that particular county. The tax would
have to be paid on or before March Is
Of each year, beginning March Is, 1880 |
the bill stipulates. If the capitation |
tax is not paid for when due, interest |
at the rate of six per cent. per annum 4
would be added until it is paid. If it |
5 not paid within ten days after no
ice, the State Tax Department would
1e empowered to bring suit in the
lame of.the State to recover the tax
With interest and the costs that ac-
rue. Judgment may be recovered on
lffidavit Of demand, signed by any
member Of the State Tax Board, State
ak Commissioner OF his assistant.
from judgment recovered before any
ustice Of the Peace or in the Court
+ Common Pleas of New Castle Coun->i
Y, there would be no right of appeal
?, or writ Of certiorari from the Su-
erior Court but after the taxable had
aid the tax or satisfied judgment, no
ght Of appeal would be denied. On
ecovery Of judgment in such suit, Z
would be the duty of the State Tax
apartment to utilize the most exped- /
ious means provided by law for the s
election of the amount Of Judgment \
No property, wages, sal t
" or other income of any taxable Z
ould be exempt from execution Oh at /
chment process issued upon or for q
e collection Of such judgment, ac- D
riding to the bill. +
Smyrna times., 1929-02-27
SOME BILLS AFFECT SMYRNA
Delaware Legislature Ends New Busi-
ness After 459 Bills Are Offered.
Charter for SMYRNA introduced


The Legislature rung the curtain on
new business at o'clock Friday af-
ternoon with the introduction of to-
| tai of 85 measures during the day, 63
having been presented in the House
OF Representatives and % in the SEN
ate. While reports had been current
| that the legislators would grant an
extension of time in order to have
more new bills introduced, both hous-
es remained steadfast to a resolution
adopted, making 4 o'clock Friday af-
ternoon the deadline. Several bills in
troduced affect Smyrna and vicinity.
A bill was introduced by Senator Her
vey P. Hall of Smyrna to change the
boundaries of the second election dis
trict of the first representative district
IN Kent County and creating a new
election district. Senator Hall also
introduced a lengthy bill for new
charter for Smyrna. Representative
Walter w. Hynson of Smyrna, who
has already introduced dry meas
ures sponsored by the Anti-Saloon
League, introduced last week, a bill
Smyrna School District to
borrow $4,000 to redeem outstanding
bonds. Mr.. Hynson also introduced a
bill increasing the salaries of the dep |
uties attorney general of the State It |
fixes the salary of the chief deputy at
$4,000 year and the other deputies
at $500. Senator Hall presented a
measure empowering District Library
Commissions to borrow money through
he board of education. Representa-
i've McIntire introduced bill provid-
ng for using funds from the school
und to rebuild a school building de-
troyed by fire where the insurance is
lot sufficient to replace it. It provid-
s that the State Board of Education,
the building is outside of Whining
on and the Wilmington board, if the
uilding is in that city, shall make a
5ritten application to the Governor
tating the value Of the school includ-
lg equipment destroyed and amount
{ insurance. The Governor would t
nen make written demand on the {
tate Treasurer for the amount need
1 to be set aside from the school 6
md. G
Smyrna times., 1929-02-27
PROGRAM AT VI. E. PARSONAGE
Annual Frances z. Willard Memorial
Meeting Held Monday Evening

The Annual Frances E. Willard
Memorial Meeting was held at the
home of Mrs. r. K Stephenson. on
Monday evening, February 25th, with
Miss Julia Griffith in charge, and the
following program was rendered:
Singing, by Union, "What a Friend
We Have in Jesus; Scripture Lesson
read by Mrs. Mary Cantwell, 10Th
Psalm; prayer, Mrs. Sallie Pratt; duet.
Hold Thou My Hand" Mrs. Catherine
Smith and Miss Grace Phillips; read
ing, Memorial Fund on Educational
Agency" Miss Susie Hudson; duet,"I
the Cross of Jesus" Mrs. Sallie Pratt
and Miss Lizzie Jones; reading, ,"Amer-
fca's Unclaimed Queen" Mrs. w. w.
Wright and Mrs. James Wright; solo.
The Prayer Perfect" Mrs. Frank II.
Hynson; reading, Americas Queen"
Miss Emma F. Stevenson; reading. "a
Newspapers Tribute to Frances E.
Mrs. Edward 7. Porter.