davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-24
BUSINESS HELD SOUND.
Treasury Officials Say Break in Stocks
Not Justified,

Treasury Officials Say Break in Stocks
Not Justified.
The violent break in the stock mar
ket yesterday is considered by high
Treasury officials, who are now figuring
on the possibilities of future tax reduc-
ton, as due more to "technicalities"
than by any weakness in the real bust
ness situation, which these officials still!
consider to be Sound"
The conditions of business at the
present time, in the opinion OF high
Treasury officials who are also very
closely in touch with the industrial
situation, justify a constant downward
trend in the stock market.
The cause of the break was ascribed
by these officials to oVereXpanSion OF
speculation, but it was predicted at the
Treasury that in the main and in the
long run it would be business condi-
tons themselves rather than specula-
ton which would govern the trend OF
the market over a longer period.
Speculation Overdone.
Speculation has been overdone, in the
opinion of officials, and correction has
ShO 49, bAb ~ ID AlOb lPOAA ally ouNAi
single reaction as this present drop in
the market that officials will base their
estimates for possibilities of tax reduc-
ton, it was emphasized.
On the other hand, the prospects
for tax reduction must be based on a
more widely extended basis of the gen.
eral trend of the stock market over a
longer term of many months, or longer
But the stock market, nevertheless
must be taken into consideration in the
computation of prospective tax cuts, for
great profits or great losses in the mar
ket cause wide fluctuations in the Fed
eral revenues through income taxes.
The progress of business, according to
these officials, still is very strong
Profits we're reported to be still increas-
ing, SO far as could be determined from
present prospects.
The great bulk of the losses, which
are written off" as paper losses on such
day as the market suffered yesterday
do not find themselves fully reflected
In the income taxes of the Federal
Government, it was explained, because
it is only when sales are made, and
actual cash losses experienced, which
can be deducted on the income tax re-
tdrn, that the stock market reaction
actually affects Federal income.
Furthermore, it was pointed out prices
of the stock market, even after the
severe break, are still generally above
their level of q year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-24

way reflect business conditions. adding
that profits from business are still large
and increasing regularly.
Many Accounts UnlOaded.
Much of the selling represented the
unloading of marginal accounts weak
ened in yesterdays drastic decline, the
sharpest in recent years. Brokerage
house margin clerks. in many instances,
worked until early hours this morning
sending out calls for more funds. On
the other hand, many large traders and
investors felt that stocks had reached
bargain levels, and many who had sold
the market short covered the commit
ments which supplied the market with
large buying orders. Commission houses,
however. were inclined to advise GUS
toners to proceed with great caution
until the present price levels are thor
ougiiy tested.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-24
WINNIPEG MARKET BREAKS.
Wheat Prices Tumble as Chicago
Market Shows Losses.

WINNIPEG, october "a tPl.-Wheat
was literally poured in on the pit here
today as traders started one of the
heaviest liquidation movements wit
messed here in some time and prices
tumbled from BIZ to IS cents below
Yesterdays quotations up to Ills
o'clock, c. S. T., this morning.
october wheat dropped 91s cents to
$128, November 812 cents to $1.29, De-
cember liz cents to s1.27 and May 13
cents to 1892
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-24
STOCKS BREAK ON COAST.
Echo Of New York Collapse Is Heard In
San Francisco.

San Francisco.
SAN FRANCISCO. october "a (P9.-
Prices skidded precipitately at the open
ing today of the San Francisco Stock
Exchange, leading issues losing one to
eight points each. Trading rushed at a
furious pace.
The San Francisco Curb dealing was
comparatively coolheaded. A few Curb
stocks declined abruptly, but most were
comparatively firm in the face of
desperate dumping on other boards.
WINNIPEG MARKET BREAKS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-24
Four Die in Arsenal Blast.

BOLOGNA, Italy, october "a P).-
Four persons were killed and fourteen
injured today in an explosion OF two
powder deposits near here, five OF those
injured were in serious condition.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-24
COTTON PRICES BREAK.

Market Drops in Sympathy With
Heavy Losses in Stocks.
NEW ORLEANS, October "a R).-
Cotton prices Eroke sharply after an
early advance today in sympathy with
the sharp decline in New York stocks.
Just before noon values traded around
so points below the days high and 40
points under yesterdays close.
STOCKS BREAK ON COAST.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-24
BREAK IN MONTREAL.
Heavy Liquidation Follows Collapse in
New York Market.

MONTREAL, october "a (E1.-Violent
liquidation, with stock values crashing
to new lows for many months, set in
today on the Montreal Stock Exchange,
further reducing prices which had al
ready been severely cut during the re-
cession of the past 10 days. The most
severe loss was Montreal Power which
dropped 81 to 1879. Consolidated Smelt-
ers was off IS points to 1875.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-24
G. W. TRIPLETT, rs, DIES.
Injuries Are Fatal to Widely
Known Horse Trainer.

MOBILE, Ala, october "a P)-
George w. Triplett, rs, widely known
horse trainer, was dead here today as
result of injuries received several days
ago.
Triplett was holding halter when
a race horse reared and threw him to
the ground. His collar bone and num-
Der Of ribs were broken and pneumonia
developed.
He was a native of Triplett, Mo. The
body will be taken to Kansas City for
interment.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-24
WHEAT PRICES RALLY.
Market Comes Back in Afternoon
When Stocks Improve.

CHICAGO, October "a (P).-After
siumping IL cents, wheat rallied strong
ly on the Chicago board of Trade today
and snapped back quickly to cents
above the low point, although still
around 5 cents under the previous
finish.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-24
PANIC is AVERTED
ON STOCK MARKET
BY LEADING BANKERS

Continued From First Page.)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-15

Attractive sets in a va
riety of pretty patterns,
including the popular Blue
Willow, nasturtium. gold
band. etc. Priced unusu-
ally low.
Kann's-Third Floor.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-15

Lovely garments of pas
tel-colored crepe satins,
georgettes and crepe de
chines-with flare skirts,
hemstitching, tucks. pleats,
laces. In sizes for misses
and women.
Kann's-Second Floor.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-15

-45x36-in. size. made from
an excellent wearing mus
lin, free from filling.
Kann's-Street Floor.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-01-18
Cabbage Price
Slumns to SIS
And $50 a Ton

SAN BENITO, Jan. ls.-Shipment
Of immature cabbage last week when
cabbage prices advanced TO over $50
per ton in various parts OF the VAL
ley, is believed responsible Tor the
reduction TO SIS and $50 a ton an
nounced by shippers Friday morning.
According "a reports received here
there was considerable complaint in
receiving centers over the quality
of cabbage sent out from several
Valley points. The major part OF
the shipments consisted of high
grade cabbage, but a few carloads
containing inferior quality or i'm
mature cabbage is believed respon-
sible for the slump.
Reports Friday morning indicated
there had been no break in the price
for stored cabbage, both Rochester,
N. Y, and Racine, Mich, quoting S45
10 $50 per ton, with a good demand.
As a result of the slump in the
cabbage market several are
advocating adoption Of U. S. grades
for cabbage and all other commodi-
ties. II is understood the grades
have been established, but their
adoption is voluntary. Had they
been in effect, growers and shippers
state. immature or inferior COM
modities could not go onto the
market.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-01-18
ROCKEFELLER TO
VOTE SEIZED STOCK

WASHINGTON, Jan. 1s.-CP-Aid
for John ID. Rockefeller, Jr., in his
fight to Dust Robert w. Stewart a.
ehairm>a Of the board OF the STAN
dard Oil company Of Indiana, has
come from Howard f. Sutherland,
alien property custodian.
Mr.. Sutherland by virtue Of his Of
flee holds the voting power Of be-
tween 1900 and $4,000 shares III
Standard Of Indiana stock. the prop
erty OF Germans seized during the
war, and he has announced he has as
signed the voting proxies to Mr..
Rockefeller.
Mr.. Rockefeller asked for the vot-
ing power about n week ago and be-
fore Mr.. Sutherland made his de-
clsion, a similar request came from
Mr. Stewart. The alien property Gus
todian made his decision known yes
tercay, saying he had acted only aft
er careful consideration.
The clash between the two Can't
talists Is n Of the many ramifica-
ions growing out Of the oil leases
made by the government. Mr. Stew
arts testimony before d senate com
mittee investigating the Teapot
Dome oil lease did not please Mr.
Rockefeller and he asked for Stew
arts resignation. This Stewart has
refused TO do.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-01-18
STARTKANSAS
RUM CRUSADE
New Governor Will
Vigorously Enforce
Laws

TOPEKA, Kanx., Jan. lS.-RJ-
Stringent efforts 70 dry up Kansas,
where state prohibition has been ia
effect for nearly a half century, have
been inaugurated under the leader
ship Of the new chief executive, Gov
ernor Clyde NJ. Reed, and the state
capital already has felt the crusade.
Raiding squads Of federal md
state prohibition officers launched
into action here Wednesday and ten
arrests were made. Announcement
followed that rsiding would continue
until the town was d-ied UP.
Given assurance that the legisla-
ture was ready 10 take up his pro-
posal for a special fund of $4,000
TO be expended under his direction
for dry work. the executive has turn
ed 10 the state law enforcement ma
cEinsry 70 put his ideas into effect.
Following a lengthy conference
with TIE governor yesterday. Attor-
nye William A. Smith directed per-
sonal letters TO all county attorneys
advising them that they were ex-
pected to vigorously enforce the pro-
hibition laws.
~ F1A1t uiftttsn the county at.
torneys TO warn all hotel managers
that violations would be prosecuted
regardless Of standing.
This followed the governors pre-
inaugural warning that repetition Of
the wet parties allegedly staged in
Topeka hotels by lobbyists and at
tended BY members Of the legislature
would not be tolerated. He advised
notels 70 be on their guard to pre-
vent such repetitions.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-01-18
Flashes of Life
IN the Associated Press
(P5 The Associated Press)

(By the Associated Press)
GARDEN CITY, N. Y.-The Right
Rev. Charles E. Fiske, Protestant
Episcopal bishop Of central New
York, fears the world is worship
ping the god of prosperity" that
modern American civilization "con-
ceives God as a maanified Rotarian
ard practices sanctified commercial
ism as Christianity" He gave his
views at the synod Of the Province
Of New York, New Jersey and Porto
Rico.
SAC PAULO. Brazil.-Nifty-
dressing policemen here amaze tour
lists. For one thing they have white
spats over high black boots, also
long-tailed coats and Sam Browne
belts with short swords.
NEW YORK.-The bar seems to be
losing and the ring gaining a good
lawyer. Seymour Agaid. 10. appear
ed in traffic court for his i'll father.
So good was his plea that sentence
was suspended. II suppose you're
going to be a lawyer" remarked the
magistrate. "No," sa I Seymour. 81
want to be a prize figh er. there's
more money in it,
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-01-18
Menus
9Me
BY MRS. ALEXANDER GEORGE
FRUIT CAKE HELP

When cutting fruit cake. use a very
sharp knife to obtain thin, evenly cut
pieces. Due to the fruits and nuts,
the slices will be ragged and some
may break apart unless the knife is
sharp.
Dinner
Roast Beef Drowned Potatoes
Savory Cauliflower
Bread Butter
Perfection Vegetable Salad
Cranberry Pie Coffee
Minced Beef Sandwiches
Apple Sauce
Bitten Cake Tea
Bitten Cake
(Already Frosted
Ia cup fat, 1-2 cup sugar. 3 egg
yolks, / teaspoon lemon extract, Is
teaspoon salt, 1-3 cup milk, / Ia cups
flour. | teaspoon baking powder.
Cream the fat and add the sugar.
Mix well and add all the rest az the
ingredients Beat for three minutes.
Pour ia the thickness of IL inch into
g shallow pan. which has been fitted
with waXed paper. Cover with the
%meringue.
MeFingue
2 egg whites. l-2 cup sugar, IL tea
spoon cinnamon.
Beat the egg whites until very
stiff. Add the sugar and cinnamon
and heat for two minutes. Snread on
top the better. Sprinkle with the AL
mond Mixture.
Almond Mixture
Is Gun shredded. hlanchei al
monds. | tablespoon sugar. IL tea
spoon cinnamon.
Mix the ingredients and sprinkle
over the top Of the meringue. Bake
in a slow oven for so minutes. when
ready 20 serve use a sharn knife pad
cut into bars one by two inches. Re-
move from the nan and carefully tear
nff the naner from each bar. Place
on a serving platter.
To ela7e cookies. nix ! rTg voli
with . tablespoon Of milk a-I .
tablespoons OF milk ard . table
SPOONS sugar. t-n'~ ~ a voFt cotton
swan or p small roll ~ white cloth.
- tho COOLIES rfter thew have boon
nl-red or nc hatir~ rheet rapdv fo-
h.kinF. when baked. tho cookies will
have a shi--. brown surfs~e.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-01-18
To Hold Second
OF ReserWsts
Schools Sunday

All reserve officers in the Rio
Grande Valley have been invited 70
attend the second Of a series Of BIZ
monthly classes for tactical rides
and walks which will be held at the
plans and training office of Post
Headquarters. Fort Brown, at 3
O'Clock Sunday morning.
Capt. Carl vi. Strong. 18th cavalry.
a recent graduate Of the Command
and General Staff School al Fort
Leavenworth. Kansas. Will deliver
a lecture on the subject of "The
Infantry in the Attack" after which,
mounts will be available TO those
reserve officers desiring mounted
exercise.
The usual award Of two credit
hours toward the required number
for reappointmeut or promotion in
the reserve corps will be awarded
each officer attending the session.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-01-18
To Bury L Feria
Flu Victim Here

Mrs. Virginia G.. Torres. Is. who
died of influenza with pneumonia
complication here yesterday while
visiting her daughter. Mrs. Juan
Cara was TO be buried Friday at
4 p. m. from the Our Sister Guada-
lupe church. lnterment was to be
in the city cemetery.
Mrs. Torres is survived by her
husband Juan Torres. a La. Feria
farmer. two sons, and her married
daughter or this city.
Funeral arrangements were being
made BY the Marcelo Cara under
taking establishment.
This was the 3sth death due to
influenza and complications handled
by the Cara establishment since
Jan. l., Cara said.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-01-18
Colnings, Goings,
OF Local Peonle

Mrs. Baseom Cox has as her guests
Mrs. Anthony B. Harris Of New York
City, and Mrs. Herbert c. Taylor Of
Houston, both or whom arrived
Thursday. They will be here for tue
or three weeks.
Mrs. j. X. Bull IL leaving Friday
evening for San Antonio and Gaines
Vile on a business trip.
NJ. II. Hall drove up TO Harlingen
on business Friday. He was accom-
panied BY Mrs. Hall.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-01-18
Military Road
Paving Project
Starts Monday

SSAN BENITO. Jan. Is.-Pouring
OF concrete on the military road.
which will be paved from La Palmos
70 Los lndios, a distance Of 5.5 miles,
viii start Monday or Tuesday. ac-
cording to announcement by Dodds
and Wedegartner the contractors.
Practically all equipment and ma
terlals are on the ground, and paving
will start near the west end Of the
project.
Paving Of this section will leave
q AZ miles Of the military road in
Cameron county unpaved, including
a 4.2-mile section between the west
ern line of the Brownsville precinct
and La Paloma, and q SO mile sec
ton between Los Indios and Blue
town.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-01-18
Ccontinued from Page One.)

CONTINUED from Page One.)
Indiana. Numerous brokerage houses,
insurance companies and other
holders of Indiana stock, which here
I tofore have been inclined 10 be neut-
raj. are expected 10 rally 10 the
Rockefeller interests because Of the
Senior Rockefeller's influence.
Word from Chicago said Col.
StSewart had started for New York.
His GRAND, financial circles believed.
was 10 take personal charge OF the
canvass for proxies among large
holders of Indiana stock in New
York, to be used at the meeting
March Z.
NEW YORK. Jan. is. Pl-Colonel
Robert W. Stewart, arriving In New
York today, said his main business
here was in connection with internal
affairs Of the Standard Oil company
Of Indiana of which he is chairman
and that his visit had mo connection
whatever with the Rockefeller fight
to remove him from the leadership.
Asked whether he expected a close
contest, Col. Stewart said:
mo one can forecast that at this
time. The organization is behind
me and the board Of directors is be-
hind me. This is a very strong
argument in my favor.
Il prefer not to say definitely that
the directors resent Mr.. Rockefeller's
attitude, but / will say they are
strongly in favor Of me-"
Commenting on the report in to-
days New York Times to the effect
that John d. Rockefeller, Sr., had
come 10 the aid Of his son. Col.
Stewart said he would not believe
the report until he had been sun
questionably proof"
4 have been with Mr.. Rockefeller
for % years" said Col. Stewart.
Il have given him and the company
unquestionable support and / have
no intimation that he will not sup
port me-"
Told that Howard +. Sutherland,
alien property custodian who BY
virtue Of his office holds the voting
power Of more than $4,000 shares
Of Standard of Indiana. has assigned
the proxies of that stock TO Mr..
Rockefeller, Jr, Col. Stewart as
serted:
"Mr. Sutherland does not know a
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-01-18
Valley Society
Phone
Phone z

noon at the home or Mrs. A. W
Neck. Needs Of the community and
various tentative plans were dis
cussed, looking toward the formula
ton of some definite program in the
immediate future. As an initial step
ia the Identification of the addition
il was decided that members Of the
club would call on all property own
ers before the next meeting 70 re-
quest that they clear all vacant lots,
and plant trees on them.
Combining social pleasure with
business, Mrs. Neck had beautified
her home with pink radiance roses 10
give n festive setting for the meet
ing. At the close she served a light
luncheon.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-01-18
Says Saw Reyes
Receive Monev

Los ANGELES, Calf, Jan. IS
ga t~ailor's story Of witnessing
the division Of a roll az bills be-
tween former District Attorney Asa
Reyes and Charles Reimer. special
investigator for the former county
prosecutor, confronted the defense
today in the trial of Keyes. Reimer
and four others charged with con-
spiracy and bribery.
Providing a dramatic climax to the
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-01-18
r BABY BURIED

Funeral rites for Elov Angel Far
ias. 2~9-day-old baby Of Mr.. and Mrs.
Flroy Farias were held AZ ~ a. m.
Thursday RI the immaculate Ccncep-
tion church. Interment took place
at the city cemetery. W. A. Darling
mortnary had charge.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-01-18
Influenza Much
Milder This Year
Than In 1918
But Nicks Laboratories Again OPP
Grating Night and Day to Supply
Record-Making Demand.

Although the type Of flu this year
IS not 50 serious rs in 1918. health
authorities are urging everybody 10
treat even the slightest cold mt the
start. ~ colds lower the resistance
and make the body an easy prey TO
bronchitis or pneumonia.
An interesting response to this
warning has been the phenomenal
call for Vicks NapoRub, the external
treatment which proved SO helpful
in the 1918 epidemic.
I'm spite Of vastly increased ca
pacity. the Nicks laboratories are
once more operating all night long
and are now producing $4,000 jars
daily. A substantial part OF this in
crease is attributed 20 the widespread
use Of Nicks ms n preventive.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-01-18

single member Of the organization
and l am confident he made no eff
fort to investigate the affairs of the
company before taking the position
be did. ! am sure that if he made
an investigation he would change
his stand in this fight
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-01-18

states case yesterday, John Ret
finger. once employed by Be Get
zoff, proprietor Of the tailor shop
and one Of the defendants, said be
saw Getzuff give part OF a three
inch roll az bills" 20 Reyes and
part to Reimer.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-01-18

CHICAG0-James Sherson. whose
wife was arrested for swearing. was
ordered by court to keep her quiet in
the future.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-01-18
Mrs. !. NJ. George
Hostess to Club

Mrs. A. L. Harper was elected pres
ident OF the FL Jardin Bridge club
Thursday afternoon, when they were
entertained by Mrs. j. NJ. George 1t
her beautiful country home. Mrs,
r.. A. Boory Was elected secretary
treasurer. There was a full attend
snce Of members at the meeting, and
following the election four games of
bridge we're played. with Mrs. Ma
than Moore receiving the prize for
high core. Dainty refreshments
we're served. Mrs. Belle Crossfield
Va a guest Of the club.
The next meeting Of the club will
be held at the home Of Mrs. Bert
Neil. while on Jan. 81 the club menu
hers plan to entertain their husbands
a. the home of Mrs. J.. X. Downs.
Civic Club Plans
Identification
The West Banker Civic club held
their second meeting Thursday after
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-01-18
Civic Club Plans

The West Banker Civic club held
their second meeting Thursday after
New Britain herald., 1929-02-18
STU7zlS HEAD Of
AIRCRAFT Combine
Merger With Bridgeport Concern
Completed In New York

Bridgeport Feb IL M-Negotia-
tons which have been In progress
for the last. month between oltieisIs
of the Commercial Aircraft Corpora
ton Of America. with factory in thi..
city, and Harry C. 6tuts, inteFna-
tionally known motor car mauufac-
turer and designer. whereby The
Bridgeport concern will amalgamate
with Stutx and his associates In Q
company which will manufacture
light airplanes powered with m air
cooled motor designed by Stutx.
have been completed In New York
it was announced here today.
A new company was formed. the
Stutz-Bellanca Airplane company. .
Delaware corporation with 100000
shares of stock. to take over the as
sets Of the Commercial Aircraft Cor
poration Of America. Harry c. Stutz
was named president and general
manager Of the new ompany. Frank
Bellanca. an officer Of the CONNER
cial Aircraft corporation. was named
vice president: and ex-senator To-
seph Cubelli. also an officer Of the
local concern, was named secretary
treasurer of the newly formed COM
pany. A New York banking house
will handle the financing Of the new
company.