davidaulloa/AmericanStories huggingface dataset:
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-06-29

er by Senator W.. D. McFarlane,
Graham, setting $500 as the max
imum amount to be spent By the
special committee.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-29
INCREASE IN CANADIAN
TRADE SHOWN FOR YEAR

BY the Associated Press.
OTTAWA, Ontario, January 90
Canada's total trade during 1923
amounted to $2,5s6, 448,i13, an increase
of $270,548,l79 over 1927. the Dominion
Bureau of Statistics announced today.
Total exports exceeded imports by $751;
352,28l, the figures being: Exports,
1874, l30,197; imports. S1,222, 317916.
Agricultural and vegetable products
accounted for over so per cent of the
export trade. those commodities total
ing 1851 .078.560 ar increase of more
than $l00.000,000 over 1927. Wood and
paper exports amounted to $289, 125, 744,
or somewhat over 100000 increase
over the previous year.
The largest import iteMs were iron
and its products. of whi>p Canada i'm
ported 1922, 1853, IA, or nearly SIS, 000,-
600 more than in 1927.
The British Empire in the aggregate
was CanadaS best customer during the
year, taking goods valued at S545 ,453,-
73l, an increase OF S45000.000 over the
previous IL months
The United States was Canada's Sec
ond best customer, purchasing goods
valued at $492 ,541 1870, an increase OF
$18,000000 over the previous year. On
the other hand. Canada bought from
the neighboring republic commodities
valued at 1925 ,340,6l2, an increase OF
Sis 100000 over 1927.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-29
BILLS DISCOUNTED

ing their money for seasonal purposes,
could not supply the Necessary funds,
and the New York banks We're again
called upon. After the first of the yeat
however, the New York banks decided To
throw the burden of supporting the ex-
pansion of brokers loans back to out
side Understand there it rests today
Contest for Credit.
Call money must either be lent by
New York banks, out-of-town banks or
Others" All banks are under pressure
to reduce their indebtedness at the re-
serve banks. and it is highly improb-
able that they will place larger addi-
tional funds at the disposal OF the Sc
curity markets. Furthermore, while we
are now going through the period OF
greatest seasonal ease IN call money
Spring expansion in industry and trade
which begins about the middle of Feb
ruary, will increase demand upon banks
1t may also induce Withdrawals of funds
supplied by outside lenders so that they
time the stock market will be striving to
reach higher levels In anticipation OF
larger company earnings.
The outlook Is for merry contest
between business and the stock market
for funds. The reserve banks face the
prospect realizing that too high rates
will induce gold imports into this coun-
try and greatly weaken the currency
and business situation of foreign coun-
tries. 1t is the most difficult credit sit
uation that we have faced in a long
time and the reserve banks deserve the
fullest cooperation.
Higher Rates.
In the meantime another interval of
tight call money rates towards the end
of January is a probability with perhaps
short temporary relaxation after that
But until there Is q sharp liquidation in
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-29
CONVERTIBLE BOND
ISSUES ARE ACTIVE
Market Is Quiet--Large Vol.
ume of New Offerings
Listed.
BY CHARLES F. SPEARE.

Special Dispatch to The Star
NEW YORK, January 29.-The most
important incident in the investment
situation today was the public state
ment by one OF the largest distributors
that conditions are now favorable to
the purchase of high grade bonds.
1t was pointed out that, due to the
great activity I'm the stock market, bonds
have been neglected and are selling at
the lowest level in some years. The
ntimation was made that purchases
now effected would ultimately be to the
advantage of those who made them.
The second development of Sgnifi-
bonds brought out today amounting
to about s54,000,O00 and entirely over
shadowing the offers of stocks Among
these were the S32 000,0 900 issue of the
Railway Express Agency SIS at par. Sl0,-
100000 Republic of Cuba 5i2s at par
and $3.50, 900 Kentucky Utilities first
mortgage SIS at 90. altogether a very
high grade group of investment issues.
The market for old bonds was dull,
even more SO than it has been lately,
and there was an absence of trend in
the better grade members of the list.
The convertibles were moderately active,
as were several of the low-priced rails.
International Telephone 4i2s held
we'll up toward their high price of the
movement. International Cement con-
vertible SIS were at one time 81 points
above yesterdays closing, but later lost
part of this. Barnsdall IS were reac-
tionary and not much was done in
either Public Service of New Jersey
4ias or Anaconda Copper rs. Fonda,
Johnstown and Gloversville 4 IS react
ed after touching so. but Ulster and
Delaware SIS made further gain. as did
Minneapolis &, st. Louis Is and Iowa
Central Is. There was little better
tone to the refunding railroad issues.
italian convertibles were fractionally
better Toxic Electric 6s showed a
rally Of 2 points from the recent low
French issues recated after yesterdays
run-up The strong emphasis that has
been placed recently on the position and
return of German state and municipal
issues has improved the market for
them. u. S. Government issues were
steady affected this afternoon by high
er money.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-29
BY KENNETH S. VAN sTRUM.

NEW YORK, January 29.-It is safe
to say that Wall Streets bankers have
never been so puzzled as at the present
time. A difficult currency situation
abroad, unprecedented stock speculation
at home and the desire of the banks to
promote healthy business expansion are
some OF the factors which are bewilder-
ing banking authorities. Future bank
ing policy Is of tremendous Importance
to the security markets
The beginning Of the present diff
culties really began with the reserve
banks decision in 1927 to assist in re-
establishing foreign currencies on a
sound basis The flow of excess gold to
foreign countries was induced by arti-
nclally lowering money rates here But
the security markets were quick to take
advantage OF easy money and a broad
rise In stock values began which greatly
increased the demand for credit to carry
securities on margin.
Banks Curtail Loans.
At first the New York and out-o.-
town banks met the increased demands
for speculative funds. The point was
reached. however, where gold exports
made 1t necessary to cut down on our
use OF credit unless the reserve banks
were willing to expand their credit ia
cllit1es. This they refused to do because
the money was being used to support
stock market operations. They went
even further and urged member banks
to cut down their stock loans. The New
York banks, especially, were prompt in
obeying and by Midsummer their
brokers' loans had decreased sharply.
In their place. however, outside
lenders" that is, corporations with large
surplus funds, investment trusts and
large investors. both at home and
abroad. had stepped in to take advan-
tage OF the high rates offered against
stock collateral. Business in general
was not particularly active during the
early part of this period and there was
an excess of surplus funds.
Thus the New York banks. which
have long considered 1t their obligation
TO maintain as steady a call rate as pos
sible, lost control of the situation to the
outside lenders. who. being an unor-
ganized group. felt no such responsible
ty. Meanwhile the stock market, with
plenty OF money at its disposal, and
with business operations expanding
rapidly toward the end of the year, con-
tinued to rise in anticipation of larger
profits,
Still Dependent on Banks.
Finally, however, the corporations
which were lending their surplus funds
began to flnd need for the money in
their businesses. so that the amount of
money being loaned for account of
others" was not sufficient to meet in
creasing demand for funds as stock rose.
To prevent disastrously high rates the
New York banks temporarily lent
larger sums, but even these were in
sufficient to prevent sharp rise in call
loans to IL per cent in early December
which precipitatcd the stock market
break of that month.
temporary contraction of brokers
loans did occur, but beginning in mid
December they again started TO climb
with stock prices. Outside lenders, need
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-29

ing been operated by receivers Of the
court for Ia months. A public state
ment said the road during the receiver
ship had earned all expenses except
interest on bonds and had made sub
stantial improvements to the physical
property. The receivers who operated IL
we're H. S. Larrick and d. H. .Sencin-
diver, Winchester. Va. and A. G.
Nadenbousch, this city The committee
OF bonohOlders will ask a new charter,
it was stated. ReceiverShip was forced
Is months ago by petition of William
L. Sherman, creditor. The road was
built by the late william 3. Cornwell of
winchester some years ago. II traverses
Virginia and West Virginia land rich in
timber stand and grazing fields
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-29
AFTER CALL.

Potomac Electric 5l4% pfd.-25 at
1882, 10 at 1882.
Washington Gas Light--2 at l20, II at
121, 10 1t 121.
Federal-American National Banks at
342, 2 at 342.
American Security e. Trust Colo at
470%.
Washington Gas 6s "B"--$l 900 at
1854.
Potomac Electric So pfd-5 at 112.
Ter. Ref. & Whrs. Corp-10 at So, 10
at So.
Capital Traction Coo at 1861. 20 at
1n6ln
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-29
RICHMOND BANKS GAIN
IN RESOURCES is SHOWN

Special Dispatch to The Star
RICHMOND. Va, January 90
Though the aggregate capital, surplus
and undivided profits of Richmond
banks showed substantial increase on
December 81, 1923, over the close of
1927, total resources, deposits and other
important items declined sharply. This
was revealed in the condensed state
ment compiled by the Clearing House
Association.
Total resources December 81, 1923.
amounted to $159,4l9,822. compared
with STA ,240, 469 on December 81, 1927,
a drop of $l4,820.647. Deposits at the
beginning Of this year amounted to
Sl2l 1851, decrease of Sl4,572. TAO
from the total Of Sl36,3l6,327 a year
ago. Loans and discounts December 81.
1923. totaled $l02, 905, ITO, against $ll2,-
660,44l a year previous.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-29
42-MILE RAILROAD
Is SOLD AT AUCTION
sneriaI nisnatch ~ rha r,or

Special Dispatch to The Star
ROMENY. w. Va, January 29.-The
Winchester q Western Railroad, a AZ
mile stretch running from Winchester.
Va, to Wardensville. w. Va. was bought
at public auction here Saturday for a
committee of bondholders for 5000 900
and will continue to be operated after
reorganization of the company. H. S.
Larrick, Winchester. Va, who acted for
the committee, announced.
The road was offered under orders
OF the United States Court for the
northern district of West Virginia, hav-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-29
Washington Stock Exchange
SALES

Chestnut Farms Dairy pfd.-10 at 100.
Riggs National Bank--l0 at 577Ik, 8 at
SIT, 10 at SIT.
National Bank of Washington--2 at
1922.
East Washington Savings Banks at 80.
Commercial National Co. pfd--6 at l04
Merchants Transfer & Storage pfd.-10
at 109, 20 at l09. 10 at 109
Mergenthaler Linotype-l0 at i04.
Ter. Ref. & Whrs. Corp.-10 at 521s.
Washington Mechanics Mtge. COM
so at II,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-29
STEEL PRODUCTION.

NEW YORK, January 90 (4,.-steel
production in the Chicago district is
reported at 80 per cent of capacity.
compared with 88 per cent a week ago,
The Illinois Steel Co, subsidiary of the
United States Steel Corporation, has
fired a second furnace in week, placing
II OF Its ~ furnaces In operation.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-29

CHICAGO, January % Omitted States
Department of Agricultural Potatoes
Receipts, az cars; on track, 228: total
United States shipments. SIS cars;
trading fair, market steady; Wisconsin
sacked round whites, Stalls; Mime
sofa and North Dakota sacked round
whites, 90al00; Idaho sacked russets,
1.50a170.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-29
Bid and Asked Prices.
BONDS.
PUBLIC UTILITY.
MISCELLANEOUS.

Barber q Ross, Inc, 6ias.. "a 94l
ChamVanblt Hotel GAS. 81 -
Chestnut Farms Dairy 6las... 1862 1911
Chevy Chase Club 5i2s.. 1917 1903
D. c. Paper Mfg 6s ........ ga 81
Pot. joint Stock Id. Bank SIS. IS -.
w. NJ. Cold Storage 5s..... 96 49,.
Wash. Cons Title Co SIS. 100 100
Wardman Park Hotel 5I2s. lO4ss los
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-29

stocks it seems improbable that call
rates will fall lower than the per cent
rate reached in January. Fluctuations
will probably be erratic and have tenn
porary effects upon the trend of security
prices.
(Copyright, 1927
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-29
MACHINE TOOL DEMAND

NEW YORK, January 90 GP).-With
demand for machine tools at high
level throughout the country, January
sales promise to equal, If not exceed,
December sales, says American Machin-
Est. The automotive industry particu-
larry is buying steadily.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-29
Money to Loan

Secured by first deed Of trust o. real estate
Prevailing interest and commission.
Joseph !. Weller 49, ssS w. s,s l. & Trg.,
Richmond planet. [volume] (Richmond, Va.) 1883-1938, 1929-06-15

Here YOU see the members of the fastest girls relay team in
the worldsThe four young women make up the -four girl
relay the Pasadena Athletic and Country CLUB which
Tand .Field Championships Los Angeles
The Ssrfefte covered the distance in minute So rs sec
onds The former record was minutes rs seconds Inc
personnel of the team left to- right Allen Hunt; Nellie
Doerschag lana Lrana and Rayma Sas1os1s)
New Britain herald., 1929-10-19
CLOTHES FOR CLOUDS
 IN GROWING DEMAND
FIccce-Lincd Jackets and Helmets to Match Suits Are Latest Thing
 For Flying Togs

Paris, Oct. 19 LP)-Clothes for
 the woman flier are a branch of
 style creation 10 which several de-
 signcrs are turning their attention. One of the most recent collections taken to New York by d Paris COIL turicre includes several air cos tumcs for the woman who pilots her own plane.
 "A tremendous impetus has been given flying by the Prince of Wales purchase of an airplane and his de sire to become a pilot" one English designer with q Paris workshop
 told the Associated Press,
 "I now have as many demands for flying clothes as I do for riding togs," he added.
 The conventional flying outfit made here is something like a ski ing costume. It has long trousers,
 gathered around the ankle; is belted at a normal waist and has hooklcss 1 fasteners.
 A fleece lined short jacket and flying helmet match the one piece 1 jumper suit.
 Dark blue and dark brown are the usual orders. =.
New Britain herald., 1929-10-19

Hub" Monday, with the usual matinee at 2:l5. "Parisian Flap pcrs' has established an enviable reputation among fans in this vii Cinity because of its entertaining qualities and this seasons attrac- tion brand new in every respect is said to be even better than any thing offered heretofore under this Ercnchy title. Rare fun, the rarcst Of rare dancing and speed that is nothing short of mary clous are all promised in the forthcoming attraC- ton. Surprise featurettcs and lav- ish scenery all contribute to the su- pcrlativc praise this aggregation of burlcsquc stars has evoked this year and q right merry crowd of discrim- mating theatcrgocrs should greet every offering during the extrava- gahzas stay in Hartford.
 Girls From HappyIand" will be presented again today at the Grand. This show certainly has lived up to all the nice things said about it, prior to it's opening here and Irving Selig, Violet Buckley and Charles (Red) Marshall will leave behind them a host of admirers they haze made since opening last Monday.
New Britain herald., 1929-10-19
FOUR FEATHERS
 AT THE CAPITOL
All Star Cast Featured in Sen-
 SatiOnaI Ph0topIay

One of the greatest, if not the very greatest of the years motion pictures begins q four day run at the Capitol Sunday.
 It is the third of a series hy those old master craftsmen of adventuring camera work, Merriam C. Cooper and Ernest F. Schocdsack. They are re- uembcred for the startling bigncss of their earlier successes, Chang" and Grass"
 In "The Four Feathers" Cooper and Schoedsack have turned out d picture that is bigger than either of the other two because of it's his toriCal authenticity and because of it's tense, sweeping action which does not let down for one moment. The human interest in this one hits nearer home, because the theme is more modern and because the Brit lsh soldiers exploits in the terrible Sudan Wildcrnesscs is already com mon knowledge with all readers of kipling and of A. r.. w. Mason $ famous novel, upon which the plot of the film is based.
 "Thc Four Feathers" is an action and adventurc-plus thriller. It dcala with a yolng officer who is q COW. ard and who receives white feath CTS, symbols Of shameful cowardicc. from his comrades in arms. Instead of following out the cdict implied by the four feathers, namely com hitting suicide, the officer, played by Richard Arlen, sWears he will make them retract their feathers. He be- takes himself to the African Sudan and there stages the most exciting comeback ever witnessed of T char. acter in print or celluloid. Through Sl1shing combat with the wild Flz- zy Wuzzy tribcsmen and through the yaWning gates of death in the desert and jungle he finally effects the rescue of his fellow British fighters
 The actors who appear In the splendid cast are among the best loved in William Powell 'IlTc Brook, Noah Bcory, Ray Wrav. George Fawcett, Noble Johnson. Theodore von Flt2 and others.
 on Thursday q double feature show will be offered presenting Skin Deep a Vitaphonc tall,ic with Monte Blue, Davcy Lee and Betty CompSon, and The College Co., qu"tte' with an all star cast.
 Moran and Mack, the two black crows are coming in "Why Bring That Up."
New Britain herald., 1929-10-19
GEN. STERNBERG IS
 50 YRS. OLD TODAY
SOldieT-POlitiCian Has Had Re-
 maTkabIe War Record

General William F. Sternbcrg Of
 Maple street, soldier, politician and revered member Of the fast dimin-
 ishing Grand Army Of the Republic is celebrating his SGth birthday to- day at his home on Maple street
 He is spending the day quietly, He
 feels he should so spend it for his
 SC years have been crammcd full of excitement.
 Born in Germany h" came 10 this country at the age of four his fam fly settling in West Hartford. He High school, distance of five miles. When the Civil War broke
 out, the high school boy enlisted at the age of 17 10 fight for the Union.
 He found action with Company A, tGth Connecticut regiment, serving
 as company clerk Then followed q
 maze of battles, forced marches. desperate assaults, At the battle Of
 Antictam he was severely wounded
 and with mixed emotions he hehcli his name in New York paper list ed among the dead. He recovered and again entered the field of war.
 He was captured and sent to An dcrsonvillc, the dreaded "Black Hole" of the Civil War, and pur- ported to be the worst prison on the Confederate side. During his month of captivity he lost weight to the extent of so pounds. He was re- leased at the close of the war and immediately went back to New England, where he entered politics
 in New Haven. Here Il" was town clerk and s"lcctman. During the next years of civilian life he served in turn as a selcctman in NeWing- ton and as q representative 10 the common council from the fourth i ward in 1905-190G, in New Britain. Always a staunch member of the Grand Army of the Republic, Mr i Sternberg has contributed much i to the post of this city, He is past commander of Stanley post and a5 i the present time is serving as ad-
New Britain herald., 1929-10-19
A Woman in the Night
 Is Starred at Palace

"A Woman in the Night" which will open at the Palace theatcr Monday, for two days is an cxccp- tionally powerful story of d beau tiful danseuse of the Imperial Rus sian Ballet and the eternal conflict the passionate craving of mother hood and the irresistible call of art.
 It IS an ultra modern society drama treating of the sex problem, but presented in a way that, while It will make a tremendous appeal especially to women, is delicate and subtle and will not offend the susccptibilitics. Victor SayiIIn, the director, has shown q surcness of touch and a sophistication of man. ner in his treatment Of the theme that comes only with long cxpcri- enCc.
 The story is that Of a Russian dancer married to an industrialist. The ambition of both is to have children, but they are denied a family. The motherhood instinct oNercomeS all scruples of the wife, however, and she selects a man to De the father of her child.
 Jameson Thomas, as the husband gives one of the finest pieces Of re- strained acting 10 be seen on the screen, Paul Cayanaugh, who plays lhe part of the heavy, is quite a handsspe villain and carries out his part With good taste and ability to interpret the role. The companion feature is 'The Carnation Kid, ? starring Douglas MacLcan with FranclS Lee. Also selected short sub JcctS on same program.
New Britain herald., 1929-10-19
PLANES ARE OFF
 ON WORLD JOURNEY
"HOp" From Newfoundland for
 Atlantic Flight

Three of the four planes" enter ed in the intcr-p patrol world flight" being conducted ny Boy Scout Troop f, hoped off from St. Johns New foundland, for Paris last night and covered more than 1000 miles over the Atlantic ocean, but the fourth remained stormbouud on this side and will be unable to get away until it can hold a patrol hike The Tyr annosaurus plane covered the great est distance in the first dash, making 1,450 miles, Whil" the Gcmshok ship travelled 1925 miles and the Eagle plane is 1,275 miles from the start ing point. These three patrols held hikes last Sunday and reported num- crous tests passed, while the Pan thcrs are planniuE 10 pursue their rivals through a hike tomorrow.
 Another plane is soon to join the race, for the troop has now grown to such proportions that d fifth pa trol was created last night and Cor don Ely, assistant patrol leader of the Gcmsbok patrol, was named leader Of il. This action was made necessary by the voting in of four new members, Howard Noble, Wal ter Brown, Clifton Cooley, Jr, and Harold Spraguo. These additions bring the troop to 3G members, with six more candidates awaiting action.
 Next Saturday and Sunday mem- IprC of rroOr i y1-iIl itin ,,,itb tbova of Troop in taking charge Of the clo&kroom for those attending the Congregational missionary meetings 10 be held in this city. On Satur- day, November 2. about 30 Troop 4 scouts will attend the Maryland t0nthnl laln, ln N..n. EaNnn