davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-31
STOCK PRICES GAIN !
IN BROAD ADVANCE
Market Points Upward al
Opening, With Leaders
Holding Well.
BY STANLEY w. PRENOSTL.
Associated Press Financial Editor.

NEW YORK, December 3I.-The final
stock market session of the year today
found the bulls making grand gesture
Of defiance after their reverses of the
past two months by marking up scores
of issues 2 to 20 points. The advance,
which was most effective in the steel.
public utility. railroad and electrical
shares, took place on a relatively small
volume of trading
Cash sales for the purpose Of estab.
fishing income tax losses were in IN.
usually heavy volume, estimates of tho
number of such transactions ranging
from one-f1fth to ne-third of the
days total trading. Cash trades are
cleared today. making any losses taken
stocks sold in the ordinary manner are
not cleared until Thursday, bringing
them within the new calendar year.
The days business news threw little
light on the trend of business Iron
Age in its weekly review, pointed out
mat producers find announcement in
the undiminiShed demand of the rail-
roads, the structural steel industry and
Inc farm equipment manufacturers, and
scrap market
1t further sets forth that the last
seven days of December saw ingot out
put at between 40 and so per cent of
capacity, compared with IS per cent \
year ago, but improvement is already
under way, and the current week will
1nd production at IS to 60 per cent In
the valleys, at go per cent at Chicago
ana % per cent at Pittsburgh.
Among the many stocks to advance
4 points or more we're Republic Steel
Westinghouse Electric, Simmons Co.
Atchison, Canadian Pacific and ,JerseS
Central. United States Steel. which sofa
down to 1858 in the recent reaction
crossed ITO for a gain of more than
points, and then ran into some profit
taking.
Active bidding for a wide assortment,
OF Specialties featured the late DEALINGS,
American Tobacco B, Eastman Kodsk
standard Gas 81 Electric. Burrou0l1,
ADDING Machine and Underwood -Elliott-
Fisher were among the many stock,
rising to Z points Union Pacifio
gained and American Water Work.
and Westinghouse Electric extended
their earlier gains considerably. The
closing tone was strong. Total sales
Appropriated 2,700,O00 shares.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-31
TRUST CO. PASSES
TO new OWNERSHIP
Special Dispatch to The Star.


BALTIMORE, December 31.-Con-
trolling interest in the Continental Trust
Co. was taken over by financial group
headed by Alexander Brown & Sons, fol-
lowing final confirmatory action by the
Continental board of directors yester-
day.
The change was accomplished by SELL
ing to the Brown group a large share of
the stock held by the S. Davies Warfield
estate. Wartield, who had been head of
the Continental until his recent death,
held the great majority of the stock.
The official statement, given out by
William j. Casey, who succeeded War
held, gave none of the details of the
transaction. The price was not stated.
1t is known, nevertheless, that it was
approximately $225 a share. The pur-
chaserS payment amounted to approxi-
mately 100000.
RumorS of the Continental sale had
been current for several weeks but It
was generally believed the Mercantile
Trust Co. was the purchaser. AS a mat
ter OF fact negotiations with the Mer-
camille had been carried on, but after
many proposals and counterproposal
were abandoned.
B. Howell Griswold, head of AIexan-
der Brown g. Sons, would not Comment
on the purchase, nor would he reveal
VINO are the other members of the group.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-31
Corporation News

NEW YORK, December 3l.-The fol.
lowing is todays summary of important
corporation news prepared by STANDARD
Statlstlcs Co, Inc, New York, for thu
Associated Press:
News Trend.
Preliminary report on holiday trads
OF the leading department stores in tn
metropolitan area of New York for thu
nrst "A days of December shows saIeI
increases OF about per cent over thu
corresponding period of last year. AS,
Stunning reports for month will show an
average increase of per cent. total
SAFES Ior the year will show an increase
OF per cent over those of last wear
the largest gain since 1926.
further railroad earning reports ron,
tlnue the trend of the earlier state.
ments.. The first So roads to report ia,
november show net operating income al
$19 ,SOl 900, as compared with SLOT. 845.,
200 year ago, decline of 26 per cent
corporation items of interest were I'M
appointment of receivers for New .YorI
state Railways and the United Traction
90. ana the filing of bankruptcy action
against the Stutz Motor Car Co.
The Companies.
Archer Daniels Midland earned II
cents In quarter ended November 80
against II cents in same quarter LAD
year.
Buffalo & Susquehanna November ma
on 49, per cent; IL months, up III
per cent.
H. M. Byllesby g. Co. declares specia
dividend of 1-2O share of class A stool
on class A and B common shares.
Canada Power & Paper to continue
Of 1880. -
Dominion Stores 1929 sales estimate.
1t $24,S00,000, against $685., 5O7 Il
Duplan Silk earned 81 SO in 6 month
to November 80, against $l45 q yeaI
Federal Light & Traction earned s2a
IN IL months to October 81.
Ford Motor schedules 2,5OO, 900 outpI
d. passenger cars and trucks for 1880
International Telephone & Telegraph
S3.42 in 1928.
Michigan Central r. r. November ne
on SO per cent; IL months down 2 pel
cent from year ago.
New York State Railways receiver
appointed by U. S. District Court.
southern Railway (system) earnei
1923 in = months to November I'd
against SILT year ago.
Swift International increases annua
dividend rate to $3.50, formerly So.
united Gas offers minority stock
holders of Houston Gulf Gas one shan
United Gas for each two shares
Houston Gulf.
Western Pacific r. r. Co., earne,
'214 in IL months to November I'd
against $1.92 year ago.
zenith Radio starts production of neN
MODELS; prices range $145 to $495.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-31
CRUDE OIL OUTPUT
DECREASES FURTHER
BY the Associated Press.

BY the Associated Press
TULSA, Okla December 3I,-Crude
oil production in the United States reg
istered another downward swing. with
a loss of 25,260 barrels in the total
daily average for the week ended De
cember %, the Oil and Gas Journal
says today.
The total daily average output was
2,595,320 barrels, compared with 1920
$50 barrels for the previous week.
Increases in the Oklahoma CITY and
Northern miscellaneous pools checked
the decline of the past three weeks in
Oklahoma and the State showed a total
gain of l1,845 barrels.
The chief drop was In the California
fields, which fell off 1880 barrels in
light and 5000 in heavy crude. The
midcontinent area declined approxi-
mately 500 barrels in light crude and
1900 in heavy. West Texas area pro-
vided 6,024 barrels of the decline, off,
setting Oklahoma's light crude gain.
General reductions in the Gulf Coast
and Southwest Texas heavy and Rocky
Mountain areas were reported, with the
Eastern section advancing slightly.
Santa Fe Springs deep-drilling area in
California dropped 10000 barrels.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-31

December clearings were also under the
November Cancelled check totals, last
months clearings being S120, 261, 737. SO.
Clearings for the IL months of the
present year amounted to S1,461 $780,
I28.84, against total of SLABS, 1885,
602.06 for the year 1928. This shows a
gain in clearings during the present
year of S45,665, 1866 over a year ago.
The total is also larger than the re-
turns in 1925. 1926 and 1927, thus
hanging up the new record for all
time.
Using bank elearings as a business
barometer, the indications are that
DeceNnber business was not up to
last Year. but that the year as whole
has been better than 1928 Manager
Bright has records in which clearings
by months in 1929 are compared with
the corresponding months in 1928, these
being as follows:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-31
CHICAGO LIVE STOCK MARKET

CHICAGO, December 81 Up
Omitted States Department of Agricul-
ture).-Hogs-Receipts, 5000 head; in
Guiding 5000 head direct; market most
ly Is to IS lower; largely Is lower; top.
$40 paid for 150-170 pound weights:
bulk, 140-250 pounds, 9.4Oa9 go: heavy
butchers down to 9.25; butchers. me-
dunn to choice, 25O-3OO pounds, elsa
$40; 200-25O pounds, 9.25as go: 16o-
200 pounds, 9.25a9.7O; 130-16O pounds.
9.25a970; packing sows, 8.0Oas IS; pigs.
medium to choice, S0-1SO pounds, e.ooa
Cattle-Receipts, 5000 head: calves
receipts, 1000 head; supply of fed steers
and yearlings comparatively light: bet
Ter KINDS strong active; others steady:
1at she stock generally steady; bulls
strong; vealers weak to so lower; stock
erS and feeders steady: slaughter classes
steers, good and choice, 1901 500
pounds, 1900 to 1880: 1,1OO-l 900
pounds. 1925 to 1900; 95O-l, 100
pounds, 1880 to 1925; common and
medium, $50 pounds up, 8.25 to l2.75:
fed warnings. good and choice, 75O-95O
pounds, 1875 to 1925; heifers, good
10
1900; common and medium. IT'S to
11.65; cows. good and choice, 500 to
1915; common and medium, 6.25 to
300; low cutter and cutter, $50 to
6.25; bulls, good and choice (beef), Gas
to 9.75; cutter to medium, 6.75 to GAO:
vealers milk fed. good and choice,
1880 to 1850; medium, 1900 to 1880;
Gull and common. 7.25 to 1900; stocker
and feeder steers, good and choice, all
1850 to 1890; common and
8.25 to 1925.
Sheep-Receipts, 10000 head; market
slow around steady; early sales fat
lambs, 1878 to 1900: early top, 1925 to
outsiders; fat ewes, SIS to SITS: feeding
lambs, steady; lambs, good and choice,
90 pounds down, 1880 to 1880; medium,
l1.50 to 1880; common. 1000 to 11.50;
ewes, medium to choice, $50 pounds
down, 4.50 to 800; Gull and common.
to 500: feeder lambs, good and
choice, l.50 to 1855.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-31
Baldwin Co. Financing.

NEW YORK. December 3I.-Directors
OF the Baldwin Locomotive works. it
was reported today, will ask authority
at the next annual meeting of stock
holders to increase the company's
funded debt. The Baldwin Co. has
not done any outside financing since
the present corporation was formed. in
1911. obtaining its money REQUIRE
ments out of earnings or through tenn
porary banking accommodations.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-31
CLERK WITH GIRL
IS SHOT TO DEATH
Killed With Own Pistol,
Sweetheart Believes Traq-
edy Was Accident.
Special Dispatch to The Star.

special DlSpatch TO The star.
WINCHESTER, Va, December 81
Authorities Of Jefferson County, w. Va,
were investigating today the mysterious
shooting late last night of Ralph Stros-
nider, Winchester bank clerk, in the
presence of his sweetheart, Miss Ethel
Hartman, also of this city, in front
of the home of Mr.. and Mrs. James
Marshall at Summit Point. w. Va.
Strosnider was shot with MS own
automatic pistol. Miss Hartman said
ne staggered toward the gate, saying,
i believe I'm shot," and slumped down
dead. She said the shooting no doubt
was accidental.
William and Mary Student.
Miss Hartman, a student at William
and Mary College, Williamsburg, Va,
nome for the Christmas holidays, had
oeen spending few days as a guest
OF the Marshalls, and with StroSnider
mad attended motion picture show
mere last night. She said Strosnider
mad accompanied her back to the Mar
snail home, and intended to return
allghted from the automobile and had
started toward the Marshall house.
put stopped to wait for her escort.
She said he had a pistol in holster
on the front seat, and as he removed
1t from the holster it struck against the
steering wheel of the car, inf1icting the
fatal shot. She said she could not ex-
plain why he wished to carry the pistol
to the house, only about hundred feet
distant.
Declared Engaged.
The two were to have been married
next Summer, 1t was said. Miss Hart
man is daughter of c. S. Hartman,
Pennsylvania Railway mail clerk, and
prominent in Centenary Reformed
Church young peoples circles. Stros-
nider was son OF anon Strosnider, a
Winchester police officer.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-31
PARIS BoURsE PRICES.

PARIS. December 81 R.-Prica
were firm on the Bourse today. Thre
per cent rentes, 81 francs IS centineI
Five per cent loan, lot francs 10 cen
times.
Exchange on London. 1913 francs
confines. The dollar was quoted at q
francs 80 centimes.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-31
CALL MONEY RATES.

NEW YORK, December 81 (R.-The
average renewal rate for call money in
December was ABS per cent, compared
with $50 per cent in November 6.35
per cent in october and 875 per cent
In December. 1923. The high rate for
the month was s per cent and the low
rate Az per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-31
STOCK FIRM SUSPENDED.

NEW YORK, December 81 CP.-The
Cincinnati stock brokerage Arm Of Rob-
erts & Hall, for which a receiver was
appointed yesterday, in that city was
suspended from the New York stock
Exchange today. The Arm consists of
Walker P. Hall, floor member, and John
N. Roberts.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-31

new nigh record
for this city, ac-
cording to an
nouncement today
by Cha aries E.
Bright, manager OF
the Washington
Clearing Gus e
Association.
Figures available
at noon tod a Y
showed total clear
ings for December
of $1I6,074, 630.10.
in comparison with
$129,981,412.41 in
the corresponding
period in 1928, a
d e cline in the
month now ending
of S13.oO6. 1921.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-31
MONEY MARKET.

NEW YORK. December 81 Ap.-Cal
money steady; 6 per cent all day. Tim
loans steady 80 days, 43z-5: 60-q
days, 434-5; As months. 434 IS.
Prime commercial paper, 5-5b,
Bankers acceptances unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-31
MONTGOMERY WARD SALES.

NEW YORK, December 81 R-De
cember sales of Montgomery Ward I
Co. are estimated to be in excess q
$35,0OO,OO0 another record for til
month and a gain in 10 per cent owe
the sales of December, 1928.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-31
ANNUAL CLEAR|NGS
AT RECORD FIGURE
December Total for D. C.
Banks Below That
Made in 1928.
BY EDWARD c. STONE.

Bank clearings in Washington in De-
cember fell below the total clearings
for December, 1923, but local clearings
for the past IL months established a
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-31
SILVER QUOTATIONS

NEW YORK, December 81 (R.-Bs
silver. 4694; Mexican dollars, IS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-31
ales Of Stocks ON New YorI

1880 A1...... 44770O 1880 Noon i Ok, ,oo
A'sV E:A:' II 7S68OO 2:10 P.M....... O61 500
rates given in table are the srrva
n on 1ne latest quarterly
PAID last IS II preferred stock In stocI
oFayaoe wnen earned oE
IN stS I'VE n STOCK Plus Sc in stock Partly socS s
i2S Of shaFs IN share In stock Plus stocE m Plus
The Washington times., 1929-04-30
All Our Short Lines from
RegUL0r Stock

These offer of the seasons choicest styles
street. afternoon and evening shoes in the fahionabe style
and coors Not every size in every STYLE of course bu
wonderful variety and all sizes in the whole group
There all heels and all toes -. it's question O
selecting exactly what you like and need!
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1929-09-09
Incentive Under SOyiets

~1POLOGSTS for capitalism never tire of Boosting of the
unexapled opportunities for development of individual
talents under the system of wealth production We
constantly regaed with sombre predictions that under
casm all incentive would vanish and everyone would sink
dead level Such propagandsts for capitalism have
the happy faculty of ignoring the millions of talented chill
dren of workers whose abilities bghted because the
struggle the most meagre necessities of life absorb all
their energies.
A. crushing refutation of the ISLANDERS against Com
munsm delivered the other day at the Congress of
Psychology at Yale University New Haven, Conn., by Pro-
fssor Speren of Moscow University director of the So
Wet State Institute of Psychology The Moscow
planned how intelligence tests being conducted
in the Ukraine and that special provisions made for
talented persons develop their abilities to the fullest pos
sbe extent Such persons relieved of the necessity of
struggling for living and encouraged devote their
full time to developing their individual talents in order that
they may be useful members of society," and heprase
the general cultural average of the Soviet Union
This Incident should be kept in mind by revoutionsts
for the next time popous ignoramus repeats the
capitalist lie about destruction Of incentive under Sovets
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1929-09-09
By /. AMTER.

To many Party comrades who wit
ness the present situation, with a
new opposition to the Party, with
the Trotzkyites out only a short
time, with croppings-up of dis
gruntled, non-Communist elements
in the Party from time to time-the
period of 1919 to 1929 may appear
as one leading to disintegration
rather than to consolidation of Com
munist forces. They may presuhe
that instead Of the Communist Party
of the U. S. A. making progress, it
actually is going backward.
AS first indication of our pro-
gress, we have but to look at the
struggles which the Party is leading,
struggles in which Party members
are participating, struggles that the
Party is taking part in, and the
splendid anti-war movement that the
Party is leading. We have but to
look at the movement which the
Party is creating in that part of the
country which was unknown to the
Party short time ago-the South.
Ten years ago, the moving spirit
of the Party was revolt against
the treachery Of the socialist party
the socialist party which betrayed
the American workers, despite the
fact that the convention at st. Louis
adopted resolution against war;
which followed the line of the
Second international in it's treachery
against the working class; which
repudiated the Russian Revolution;
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1929-09-09

/. W. w. have been exposed in theory
and practice by the Communist
Party; they stand as open traitors
of the working class, not only in
their opposition to the Russian Revo-
luton, but to every day needs of the
working class. True, they play a
part in mobilizing petty-bourgeois
elements, thereby getting hold on
certain sections of the working class.
But in this day of keen struggle,
with the American working class be-
ing forced to action, with the acute
danger of war, their party-partic-
ularly of the socialist party-is and
will be mobilization against the
working class, against the Revolu-
ton.
The unmasking of the socialists,
the A. F. Of L. and all social reform
ers is one of the main tasks of the
Communist Party-a task in the
performance of which it has earned
some laurels. Today, the Com
munist ! erty is deeply hated by the
capitalist class, the capitalist gov
eminent, the socialist party and all
reformists. Today there is only one
name that they can use to demon
strate their fear and their hate-and
that is Communist-Bolshevik! To
have earned this hatred is q sign
that the Communist Party has
moved forward-despite factional-
ism, despite errors, despite personal
pettiness, which have hurt the Party.
The Party has grown, and by the
very shuffling off Of unhealthy ele-
ments, demonstrates its inherent
strength
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1929-09-09
Building a Communist Party

which became patriotic during the
war.
Still in the ranks of the left wing
which formed to take control of the
socialist Party, there was sharp fac.
tlonalism. The formation of two
Communist Parties-the Communist
Party and the Communist Labor
Party, with petty dispute between
them-but a dispute which was mag.
nlfled into a major difference-the
difference between mass action
and action of the masses!"
This showed the childishness Of
the Communist movement-a move.
ment that endeavored to be "abso.
lutely pure theoretically, but for
got the more important matter OF
unity on the fundamental questions
After sharp fractional struggle
the parties were united, to be split
once more-this continuing till 1922
when at last unity was effected
Unity has remained-with attempts
to break this unity occurring from
time to time. Groupings formed in
the Party, built partly on principle,
partly on tradition, partly on acct
dental associations. These group
ings remained intact, with few de-
fections, till the decision Of the
Comintern. Now everything is in
flux; groups have disappeared, new
leadership is being created out of
the struggle.
Looking back on the ten years,
any comrade who would aver that
the Party has not gone forward, is
either not alive to the struggles in
which the Party is involved. and to
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1929-09-09
F'~77ff7a8NsY VA--F1S
| SAW 1T HENRI 1s s ;,sss :
Translated ;, Brian Ri" myself
MYSELF by Henri
p New

ENUTZA pressed her desperately With threatening she
talked of creating public scandal then she tried mporng and
and before incredible After
hesitation yielding other mot pity case)
the high Official changed burted Yu shall him.
devil take you'll and talk with him for three minutes"
Holding the which opened locks and bolts for moments
she walked down long black where the walls shed
wind In this endless the gao stopped the key ground
the lock- the heavy dungeon slid disclosing Through
these bars at last her could His clothes his beard
had He ouchng his wooden bed and the first thing
that Lenuza noticed that the faint light let into the cell from
the dark by the had dazzed like
The prisoners wild look Clearly, longer
normal his
On impulse Lenutza held her hand him through
she drawn violently back by the gaoer For she
stood there unable to speak
At last however, she spoke:
"Comrade Of
friends"
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1929-09-09
(To be Continued)

the situation as it has developed, Of
which the Party is taking advan-
tage; or does not understand what
the development and growth of a
Party means. There is not a contin-
ual steady growth upward. There
are ups and downs with the level
always rising. The treason of lead
ers of the Party is not always a
loss; in the case of the American
Party it has been gain. The
Party learns from this treason; il
corrects its mistakes; it makes the
necessary organizational changes
and continues the march forward.
The Party is able to do so, owing
to the existence Of the Communist
international. A Lovestone, Gitlow,
Wolfe-like a Cannon before them
expected praise from the Commu-
mist International for their betrayal
of Communist principle.
The Communist International does
not operate on such basis. The
Comintern has its principles, and
those who do not conform to these
principles, need not recall the days
when they shone in the Comintern
when they were following the line
Of the Comintern. When they de-
part from the decisions of the Com
intern, and defy and challenge the
Comintern, then the Communist In
ternational turns it's glaring search
lights and destructive guns upon
them-lights that disclose them to
the working class in their garb of
traitors-guns that demolish them
in the eyes Of the working class.
Today the socialist Party and the