davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-11-22
MONEY RATES DROP
AS LOANS SHRINK
DefIation in Brokers' Bor-
roWings and Stock Prices
Eases Credit.
BY CHARLES F. sPEARE.

Special Dispatch to The Star.
NEW YORK, November 1.-THE defia-
ton in money rates is keeping pace
with the defiation in securities and in
the totals of brokers loans. 1t is not
confined to the American market, for
the Bank of England has reduced its
rediscount rate to 512 per cent from b
per cent and the Bank of Norway MADE
a similar cut. Last week three OF the
European banks of issue-namely, those
of Belgium, Holland and Poland-loW-
cred their rates one-half of l per cent.
Another drop in quotations for bank
ers' acceptances was authorized yester-
day when all of the leading dealers
reduced their quotation one-eighth OF
l per cent. Since the Federal Reserve
Bank of New York dropped its redls-
count rate from per cent to Az per
cent there has been a continued slash
ing in the quotations for bankers DIS,
which are now well below all levels as
far back as the Spring Of 1923.
The reduction in the rate or re-
discount of the Boston Federal Reserve
Bank Wednesday afternoon Is expected
to be followed by the other 10 banks IN
the system, whose rates still stand az
per cent.
The erect of these charges has been
to stimulate greatly the market for in
vestment securities. With call money
loaning in Wall Street as low as
per cent, individuals and corporations
that have had funds out on call lor
more than year are drawing them
in and redepositing IN the banks or else
trying to find other profitable mediums
for investment. Among those that have
withdrawn funds are a number OF large
automobile companies and railroads
which have had amounts ranging from
SIS. 5000 to $15,000,000 in the market
during the greater part of 1929.
The demand for short-term securities
TO meet the requirements of these cor
porations is the outstanding feature In
the current investment situation. One
institution today stated that 1t had
orders for 500, 600, 900 notes maturing
from 6 to IL months. In its efforts
to fill these demands it had secured
the entire country and had only been
able to obtain a comparatively small
amount of suitable issues.
The demand for long-term invest
ments has also broadened out greatly in
the past week, with conditions in high
grade corporation bonds a0d tax-ex-
empt issues In striking contrast with
those between November IL and No
Vember 10.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-11-22
CITIES SERVICE REPORTS
NEW RECORD EARNINGS

Cities Service Co.'S net earnings for
the year ended october 81, 1929, were
the largest for any II months in the
history of the company, amounting to
$40 497, 1918. Net earnings for the
month of October were $3,874, 349, a
high record for any month, comparing
with S2,891, 1926 in October, 1928.
The company's net earnings for the
IL months ended october 81, 1929, were
500 times interest and discount on its
debentures. Net to stocks and reserves
amounted to 500, 1877 ,84817, or 4.97 times
preferred stock dividends. This COM
pares with $29,296, 971.53. or 4.32 times
for the corresponding period year ago.
Net to common stock and reserves rose
to $26,941 ,426.52. or $1.13 per share on
the average number Of shares outstand-
ing and an increase of $4,425, 1927 "a
over the corresponding period year ago.
Coincident with the publication of
its earnings statement, Cities Service
%. announced monthly dividends of
PIG cents in cash and Y of l per cent
in stock on the new no par common
stock, equivalent to y of l per cent in
cash and u of l per cent in stock on
the old $40 par value common stock.
Regular monthly dividends of so cents
on the preferred and preference BIB
stocks and cents on the preference B
stock were announced, all payable Janu-
airy to stockholders of record Deem
Der Is.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-11-22

wide range In prices. 1.50a2.S0. Viz
gfnia, Norfolk section, bushel hampers
green, fair quality, 800: 5-peck hampers
green, fair quality, $50.
Squash-Supplies light: demand mod
crate. market steady. Florida, bushel
hampers white. wrapped, $50.
Eggplant - Supplies light; demand
light, market steady. Florida, pepper
crates fancy, 350a4.00. Georgia, no
early sales reported.
Tomatoes-Supplies light; demand
moderate, market slightly stronger; Cali
fornia, lug boxes, ripes and turning,
wrapped, by and larger, 3,75a4.00;
few higher: fair quality, $50.
aulif1ower-Supplies moderate: de-
mand light, market firm: California,
pony crates, Snowballs. 260a2,75; Long
Island, crates, mostly $50.
Oranges-Supplies moderate; demand
moderate, market firm; Florida, boxes,
3.75a4.25; few $50.
angerines-Supplies light; demand
moderate, market steady; Florida. half
straps, best, 3.00a325; fair condition,
2.00a2.50.
Grapefruit Supplies very light; de-
mand light, market slightly stronger:
Florida, boxes. large size, 400; no small
to medium sizes offered.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-11-22
H|GH-Y|ELD BOND
F.. LIST SCORES GAIN.
Speculative Rails and Indus
trials and Foreign Dollar
Groups Rise.
sneeIaI plsnatch to The Star.

HpeCiAl DlSpHICh TO Inc bthT.
NEW YORK, November 22.-Bond
prices continued their progress today,
with interest centered chiefly in the
more speculative rails and tndustrials
and the foreign dollar loans.
With United States Government
bonds and descriptions available to saw
ingS banks and others requiring invest
mentS of a legal character. at or near
th,Hr high prices for the year, investors
turned to the high-yield list. This Sec
ton, which suffered most in the recent
wave Of forced selling is now making
an equally rapid recovery. While this
Is most apparent among the Junior
bonds of the railroads, 1t also applies to
industrials.
Increases Of fractions to over a point
were the rule among the junior rails.
Chicago and Northwestern 4ias were
up y points.
General Motors Acceptance IS. In
ternational Match SIS. New York Tele-
phone 6s and Remington Rand 5las
were all higher by fractions.
were the Pennsylvania Dixie Cement
IS. These bonds, after a spectacular
rise of is points to rs yesterday, opened
today at 66l2, down 812 points.
Convertible issues we're quiet. Trac-
lions improved and oils were irregular.
Dodge Bros. IS were up fractionally.
International Merchant Marine SIS at
81 were points above the low price
OF the year, at which they sold last
week.
One Of the most striking evidences
OF the swift change that has come over
the investment situation was the offer
ing today by one of the large institu-
tions Of miscellaneous list of nearly
$4,000, 900 in bonds. Nothing like this
has been witnessed for many months.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-11-22
Wall Street Briefs
BY the Associated Press.

BY the Associated Press.
Gold movements at the port of New
York during the week ending November
20, included exports Of $ll,212,O0O, OF
which $5,0l0000 went to Poland, So
002, 900 to Switzerland, 81 100000 to
France, $150,000 to Mexico, and $50, 900
to Germany, and imports of $427 900, OF
which $250.000 came from Uruguay and
$177,0OO from other Latin-American
countries. Gold earmarked for foreign
account showed q net decrease OF
100000.
The volume of bonds maturing next
month is larger than usual the total OF
corporation bonds, notes and equipment
trust certificates falling due amounting
to $84, 1877 $40. compared with $33,81O,-
900 in November, and $50, 532 300 in De-
cember, 1928.
The American Steel & Wire Co, a
subsidiary of the United States Steel
Corporation, plans to build two rod mills
and one billet mill at Donora. Pa, at
an estimated cost of $5,000,000. Be-
tween IL and IA months will be required
to erect and install the plants.
The Chicago, Rock Island & Pacific
Railroad has ordered 40 heavy freight
locomotives ITOn the American AOCuHlo-
tive Co. The order involves the expen-
diture of about $4,500,000.
Directors Of the Missouri-Kansas
Texas lines have approved the 1880 inn
provement budget, totaling about ST.
100000. The order calls for the pur-
chase of 900 coal cars, the installation
of 100 miles of automatic block signals
and the laying of about so miles of new
rails.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-11-22
Washington Stock Exchange


Washington Gas IS A--Si 900 at 1904,
500 at 1907.
Washington Gas 6s B-S1 900 at 1927
Capital Traction Col at rs, 5 at rs.
Washington Rwy. g. Elec. COMIC at
500.
Washington Rwy. e. Elec. pfd.-10 at
%, Is at 90.
Tederal-American National Bank--10 at
2e0, 10 at 2e3, 80 at 295, 90 at 295,
10 at 295.
Merchants Transfer & Storage pfd-1o
at Ill.
Mergenthaler Linotype-10 at 1903, 10
at 103l4, 10 at 103ls. 10 at l03Is.
Peoples Drug Stores pfd-10 at 1903, 10
ct 103.
Real Estate Mtge. g. Guar. pfd.-soo
at ia.
AFTER CALL.
Merchants Transfer & Storage pfd-
20 at Ill.
Potomac Electric 51a'o pfd.-10 at
1041a.
Federal-American National Bank-lO
at 295.
Mergenthaler Linotype-5 at 1o3s.
NOTICE-This exchange will be
closed tomorrow, November %.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-11-22
c. & O. OCTOBER SURPLUS.

Chesapeake Il Ohio Railway October
surplus after taxes and charges, $685.
989. as against $3,918,352 in october,
1928: for 10 months, $26, 1853, 899, against
$23, 461 $50.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-11-22
Utility Co. Expands.

NEW YORK, November % (P).-The
Pacific Gas g. Electric Co. has pur-
chased about 10 per cent of the stock
of the Modesto Gas Co.
Seward daily gateway., 1929-07-27
FROZEN DYNAMITE
 DANGER IN MINING
 ANNOUNCES CHfM|s7 l

The art of producing low -freez- ing explosives has greatly increased the safety factor in the mining in dustry, according to pr. Charles E. Munroe, chief explosive chemist, United States Bureau of Mines.
 Frozen dynamite is most ob- jectionable and dangerous sub- stance, for the frozen sticks" or cartridges, tend to become rigid, pr. Munroe points out. For load ing into boreholes it is desired that the dynamite may be readily plas- tic So that they may be readily pressed into place. There is also the likelihood that rigid sticks may be ignited or exploded by friction against the wall or forced into a borehole.
 Frozen dynamite is difficult to detonate. Hence a grade of detona- tor which is quite capable of firing the unfrozen dynamite, and may be depended on to fire it, may not fire frozen dynamite at all, so that a missfire, with all it's attendant evils may result, or it may cause a par tial explosion, or burning, giving off large quantities of poisonous fumes into mine. Naturally such shots are not only total loss, but, more than that, they are a source .of additional expense and of dan ger. Consequently, users of dyna- mites have been strenuously warn led against using frozen dynamite and advised to store their dynamite III such a manner as to prevent it's becoming frozen, or if it becomes frozen, to thaw it before use.
Seward daily gateway., 1929-07-27

yearly installments, bearing interest, secured by purchase mortgage back
 It IS the intention of the Com- mon Council to use the money received from the sale of the for mer school building and premises toward construction and equip- ment of a gymnasium in con- nectiOn with the William H. Se- ward school, recently erected.
 For further details consult Councilman Orlander and Coun- cilman Horner, members of the School Committee of the Councas
 A. D. BaIderston.
 Municipal Clerk Publish July 22 to Aug. 3,192s.
Seward daily gateway., 1929-07-27
FUR SALE:
MUNICIPAL PROPERTY SALE

MUNICIPAL PROPERTY SALE
 Seward, Alaska.
 Lots 4-5-6-7-34-35-36-37 all in Block 12 of the original Townsite |Of Seward, Alaska, together with improvement thereon, which inn prOvement is the grade school building of said Seward, is offered for sale to the highest and best bidder.
 Sealed bids addressed to Muni- cipal Clerk, Seward, Alaska, will be received up to and including Saturday August 3, 1929. l The Common Council reserves the right to reject and (Or) sub init to modification all bids re- ceived.
 1 TERMS: (a) Entire Purchase Price in Cash.
 (b) A portion of purchase
 price in cash, remainder ir
Seward daily gateway., 1929-07-27

A survey to determine the feasi- bility of anchoring artificial islands on the Atlantic for the landing ot airplaneB, to make possible the es- tablishment of trans Atlantic air plane services in relay hops, is being made by the Navy survey ship Hannibal.
Seward daily gateway., 1929-07-27
ApFyrr1NC THE MINE sWINDLER

Let some man put over any of number o1 sWl'nes ! and the big metropolitan daily comes 10 pat "lll nl as b odious comparison and sime Yet the success o he mine swndles-and all other gech-qulcK schelVlo m for that matter-only bear proportion of onus' 1e same newspaper would shy at copying an a%uV1e'G % I news item published in mining community out Will Sel pages of advertising space into which goes readmg a fer that the advertising manager and the edlVoI must know is a mass of extravagances ii not actual lalse hood If the space is sufficient to usty the same news naner will print press agent mining news as authehuc facts.
 Such mine promotion is the bane of the mner and the man who is in the market seeking conserVa-
 tive capital with which bring his prospect into pro- duction Unlike the stockselling promoter hs only ad- vertising is grautous current news of his operations And unlike the publisher of the big daily circulating among millions every item appearing in the small news paper must bear authenticity. It requires running the gauntlet of an outer guard to reach the editor ot big daily The small town mining community editor may be collared in his office the street by any one of his subscribers. Hence his news columns are under close scrutiny and censorship and he dares not go beyond facts. !.
 Instead of the outcry against mine swlndlng II the big newspapers utilized the shears and turned to the little mining community paper for it's mining news a long step would be taken to put the sWndler out of business and guide the investor into worthy enter prise.
Seward daily gateway., 1929-07-27

Frank Hall, former Fai: banks resident, aow resides at Long view and tt2se.s fer the ire Blue Biscuit Company. He fo,- merly conducted Halls Bookstore in the Interior city.
Seward daily gateway., 1929-07-27

James McDonough, 58, section laborer employed by the Alaska railroad, was found dead in his bunk at Curry, presumably vic- tim of heart trouble.
Seward daily gateway., 1929-07-27
2.ooo SUITS.

Two thousand Fall and Win ter samples are now on display lat Peyser's Tailor Shop. All er- Iders taken within the next week will receive the benefit of 10 per cent above cost. adv.
Seward daily gateway., 1929-07-27

Claude Kelly, former clerk of the district court, Fourth Divi- son, is now suo~ti.1tendert fer the Pierce County, Wash. road board.
Seward daily gateway., 1929-07-27

Domenic vietti, quartz oper- ator at Portage Bay, near Val deg, is reported to be we'll pleas ed with the development work to date.
Seward daily gateway., 1929-07-27

The Fern Gold Mining company has about Is men working at it's mine on Archangel creek.
Seward daily gateway., 1929-07-27

Once again it is seen why the port of Seward is destined to become great seaport city. With three large ocean going steamers in the harbor and four more due in few days the handwriting is plainly discernible to all who wish to see
Seward daily gateway., 1929-07-27

Some careless dropped her wooden leg with a shoe and stocking in the road St. Lous where It was found by taxidrver She has probably missed 1t by this time
Seward daily gateway., 1929-07-27

IF YOU HAVEN'T TRIED FRYE BRUHN'S BABY BEEF, you are certainly missing something.
Seward daily gateway., 1929-07-27

Now if some kind soul will please step forward and write to the editor of every publication printed, fiction and not so good suggesting to them that they instruct their writers to cut this and glacier stuff when shaking out yarn about Alaska we'll dance Fat their next wedding
Seward daily gateway., 1929-07-27

Neighbors are so meddlesome When Chas. Vaught of Evansville Ind peacefully supporting two wives On s35 week. the neighbors up and had him arrested for bigamy
Seward daily gateway., 1929-07-27

Headline says, Alaska Girls Are tle." We'll we never knew them to play
Las Vegas age. [volume] (Las Vegas, Nev.) 1905-1947, 1929-11-12
MRS. PENNINGTON HONORED
AT Y. F. W. INSTALLATION

honor as the result of special dis
pensation from the state COM
mander.
The Fred S. Pennington post, V.
F. W., U. S., is No. 1853, and no
woman was ever present at the in
stallation of any of the 1852 posts
previously installed since the incep-
ton of the organization in 1899.
There are posts in seventeen for
eign countries, and the q. A. r. is
the only older organization OF its
kind in America. according to COM
mander Allen.
The installation Saturday was at
tended by three holders Of the croix
de Guerre and one distinguished
service man. There were guests
from some of the eighteen Los Ar
geles posts, and one OF the guests
was Chief Beck, battalion chief OF
the Pasadena fire department.
The installation took place at the
Eagles hall, where meetings will be
held until construction OF a perma-
nent headquarters, according tt
Commander Allen. Captain Allel
is civil engineer and served in tht
! engineers during the world war.
I The guests were taken to visi'
i the dam site Sunday, and many pic
lures were taken there.
Las Vegas age. [volume] (Las Vegas, Nev.) 1905-1947, 1929-11-12

Said to be the first woman ever
to attend at the installation of Off
GERS for a Veterans of Foreign Wars
post during the thirty years OF its
existence. Mrs. Fred S. Pennington
was the only woman present Satur-
day evening when the Fred S. PEN
nington post officers were installed
in Las Vegas and forty-five men,
bers initiated.
State Commander Charles Hide
brand. Deputy Chief of Staff Harry
K. Kellett and Captain Downs of
the Kenneth Bell post of Pasadena,
with his degree team, were present,
and helped make the occasion one
never to be forgotten in Las Vegas,
Captain Robert A. Allen was in
stalled commander of the Fred w,
Pennington post, Herbert HerSh-
berger, uuartermaster and adjutant
Lieut.. Leonard Blood senior vic1
commander. George Marshall junior
vice commander. Mr.. Wallace chap
lain, and Mr.. McCherry officer oi
/ the day.
Trustees will be chosen at the
next meeting. November 2, accord
! ing to Commander Allen.
/ The local post was named afte
Fred S. Pennington. recently de
ceased, and Mrs. Pennington, hi
widow. was presented a medal o
Las Vegas age. [volume] (Las Vegas, Nev.) 1905-1947, 1929-11-12

NEW YORY, Nov. IL, tU,P)-Thc
grand gesture which a futile lie
had failed to provide was found III
death today by a young woman
who leaped from the cabin OF
passenger plane while it was fly
ing at 1000 feet altitude near Curtis
airport, Long island.
The girl, tentatively Identified as
Ruth Rockwell OF Crcstwood. New
York. left behind in the cabin 0l
the plane an unaddrcSsed note OF
farewell i'll which she expressed the
desire to explore the uncertainties
beyond life rather than continue
a useless existence.
II want TO fly and fly high,
was her instruction to Pilot Ed
ward Booth as she paid 50 for a
ticket and stepped into his plane,
Booth noSed the plane upward
to an altitude of 1900 feet and
turned to see if his passenger was
satisfied. She signaled that he should
go higher
At 1000 feet Booth felt the plano
lurch slightly as if it had hit al
air pocket. He looked around tC
find the door of the passenger
cabin open and to catch a glimpse
Of the girls body hurting through
space below.
In the cabin was the note which
Las Vegas age. [volume] (Las Vegas, Nev.) 1905-1947, 1929-11-12
Wildcats Set
ToFight Panaca
High School Grid Teams
Will Clash on Local Field
Shortly After 2 O'Clock
This Afternoon,

The wildcats are all primed for
their battle this afternoon WITH
Panaca.
Shortly after p, m. they will line
up on the local field against the
Lincoln county squadron for the sec
ond time this season, with the lead
ership of the southern part OF the
state at stake.
Joe Rios, guard on the local
team. probably will be out OF the
game today because of illness. H2
has been one of the towers OF
strength OF the Vegas eleven all sea-
son and his loss will handicap
Coach Butchers machine.
But the boys defeated Panaca on
her own field not so long ago, and
they have still the fighting spirit
that makes teams come back after
the loss of a game through bad
breaks" and they know that upon
this game depends the value OF their
putting up a big battle against Ely
when that team comes here a week
from Friday.
Coach Butcher has been working
the boys out preparatory to TO-DAY ;
game and they are believed III the
best condition of the season.
Panaca, however, is fortified by
the knowledge that Vegas was de-
feated last week by Ely, and 50
will play with a world Of confidence.
Las Vegas age. [volume] (Las Vegas, Nev.) 1905-1947, 1929-11-12
PROTESTS ON WILBUR'S
ALLEGATION OF POWER
WILL BE HEARD TODAY
Delegates From California Met With Secre-
tary Yesterday In Private Session for Pre-
liminary Discussion; Suggested Division
Would Give Nevada 18 Per Cent of Power

WASHINGTON. Nov. II lP) Pro-
tests against the ALLEGATION Of power
from Boulder Dam made recently by
Secretary of the Interior Wilbur Will
be presented at the hearing called
for tomorrow TO give those who are
dissatisfied an opportunity TO pre-
sent their views.
The Secretary of the Interior.
after an unsuccessful attempt to
achieve accord among the principal
allottees. announced a distribution
under which the Metropolitan
Water District Of Southern Calitor-
mia would receive so per cent OF the
power for pumping purposes and the
other half would be divided between
the Southern California Edison COM
pany and the City of Los Angeles.
Under this ALLEGATION Nevada and
Arizona would be permitted the
right to withdraw any amount they
could use up to 10 per cent,
Nevada has insisted she should
receive one-third of the power.
A delegation from California met
with Secretary Wilbur today IN q
private session for preliminary dis
cussion in which it is hoped some Of
the difficulties might be straight
ened out.
Las Vegas age. [volume] (Las Vegas, Nev.) 1905-1947, 1929-11-12
Man Says He'll
Pay For Sons
Shooting Scrape
Boy, 13, in Jail, While Lad
He Shot With Stolen Gun
Has Bullet Removed from
Leg in Hospital.

Because a gun he had stolen went
off accidentally and lodged frag-
mcntS of the 25 caliber automatic
bullet in the leg of Arthur Strunk,
Is, l3-year-old lad named Clifford
Beaufort is now in the county jail
and his step-father, who is living In
an automobile camp here. is search
ing for work to earn money to pay
for an operation yesterday on Ar
thurs leg.
Clifford confessed that he stole
the gun, watch. a knife and $3.05
from the home of Fred Wilson, Las
Vegas postoffice clerk, at 522 South
First street, about p. m. Sunday.
He was in the mems rest room at
the Ell Portal theater showing Ar
thur Strunk the gun. and attempt
ing to reload it, according to his
statement at police headquarters,
when it went off and the bullet
pierced Arthur'S thigh.
An operation was performed yes
terday afternoon by DR.. F. M. Fer
guson at Las Vegas hospital for re-
moval Of four pieces of the bullet
three Of which lodged against the
bone, Splintering it. Three X-ray
pictures taken of the boys leg
showed the thigh bone to be splin-
tered.
Arthur will have to remain in the
hospital a few days and then move
about on crutches for a time, ac-
cording to Doctor Ferguson.
Action probably will be taken in
the matter of Chffords alleged
theft this morning, it was stated
yesterday by officials. His step
father, who appeared at police head
quarters with the boys mother, has
promised to find work in Las Vegas
and pay the hospital bill for the
Strunk boy.
In making an entry into the VIII
son residence the boy is said to have
forced the screen door. A neighbor
woman told Wilson she had seen
boy entering his home, it was stated
yesterday.
The stolen knife, identified by
Wilson, was found in the boys
clothes and the watch in suit
case, according to Police Chief
Percy Nash.