davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-18
WHEAT PRICES SAG
IN EARLY TRADING
Favorable Weather Reports Cause
Downturn as Selling
Move Starts.

By the Associated Press.
CHICAGO, March 18.-Favorable
weather conditions in domestic wheat
territory Southwest, together with lower
quotations at Liverpool led to early
downturns today in wheat values here
Liverpool price setbacks were ascribed
to an increase of wheat stocks at that
port. Opening ls to IS off, Chicago
wheat later continued to decline. Corn
developed pronounced weakness, start
ing at Is to "a down. and subsequently
undergoing sharp further drop. Oats
were easy. Provisions, likewise, tended
to sag
Declines in wheat prices today that
were associated with prevailing auspi-
cious weather conditions for the domes-
tic crop Southwest and with lower Liv-
erpool quotations came in the face Of
distinctly unfayorable crop reports from
Chicago experts travelling in Kansas.
One of these experts telegraphed from
Hutchinson, Kans., that on trip
through parts of Sedgwick, Summer,
Harper, Kingman and Reno Counties he
found wheat conditions very poor TO
fair, and that considerable wheat prom
Uses to be abandoned, especially in Sum-
ner County. AS whole, the district re-
ferred to averages in condition now
between SO and 60 per cent.
Friends of higher prices for wheat
contended today that accumulation of
supplies In North America had its ef-
feet on values months ago, and that
| there could be no reasonable expecta-
ton of materially lower prices until
| there was definite evidence that 1929
wheat production would be abundant,
evidence which cannot be available for
three or four months yet, If at all. 1t
was further asserted that there was at
present heavy speculative short in
! terest in the market, whereas the OPP
posing side~was principally made up of
substantial domestic and foreign
holders.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-18
COTTON Is STEADY
IN OPENING SALES
Liquidation Causes Declines in
Early Dealings-Trade
Buying Evident.

BY the Associated Press.
NEW YORK. March 18.-Cotton
opened barely steady today at de-
cline Of IL to 81 points under liquida-
ton and rather active selling, promoted
by relatively easy cables and reports of
better weather in the South.
Houses with Wall Street connections
were among sellers on the decline. which
extended to 2081 for May and 20l9 for
the new October contract, or about 20
to IS points net lower during the early
trading. The decline met considerable
trade buying and covering. however, and
the market was rather steadier at the
end of the first half hour. Prices showed
rallies of few points from the lowest.
Private cables reported London. Con-
tinental and Bombay liquidation in Liv-
erpool. influenced by prospects for bet
ter weather in the South. They also
said the turnover in cotton cloth was
smaller as result of Discrimination TO
pay current prices. Brokers with Liver
pool connections we're among the early
sellers here.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-18

in case Of an upset in the security
markets. stockholders will suffer more
than bondholders.
Erratic Call Rates.
Little significance can be attached to
the relatively slight decline of 100000
600 in brokers' loans, for the general
level of stock prices remained about the
same from one weeks bank statement
to the next.
Perhaps the most significant develop
ment was the decline of $113,000,0 In
brokers loans by New York banks &C
companied by the increase OF $4,000
600 by out-of-town. banks and $4,000
600 by Others"
Last weeks banking operations were
abnormal, due to the accumulation of
funds In New York in preparation for
the Treasury Offering and the call rate
dropped to per cent, the lowest IN
several weeks. The necessity Of financ-
ing the volume Of stock operations
which increased greatly toward the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-18
o%M MARKET,
BY KENNETH s. VAN sTRUM.

NEW YORK. March 18.-Last week
was not far different from any of tho
past three weeks on the New York
Stock Exchange. The market fell dur
ing the early part of the week, became
quiet. then rose sharply toward the
close At this point the high level was
reached beyond which the market has
been unable to advance since last No
vember. Very heavy selling was en-
countered and the market made no fur
ther progress.
Those groups which have led the
market in recent weeks continued In
the lead this week. and most coppers
steels, utilities, tires, amusements and
radio, and motors showed moderate
gains over the previous weeks close.
Prices on the curb and many OF the
local stock exchanges where tires anc
oils are featured showed moderate gains
for the week. The New York Stock Ex-
change, however. is practically the only
place whose stocks are now as high as
they were during the first Of March.
The Oils.
The oil stocks were the most impor-
tant features of the security markets
during the past week. After weeks OF
constantly increasing crude oil produc-
ton. the industry received the first In
dications of a possible change for the
better The outcome of the Standard
of Indiana proxy battle apparently did
much to improve public feeling toward
the industry. Directly after that de-
cision came President Hoover's state
ment that he would conserve Govern
ment oil resources.
The following day. weekly crude oil
production figures showed a decline
which, although slight in comparison
with the steady increases of recent
weeks. gave impetus to oil shares and
prices rose toward the week end.
Despite the slight decline, produc-
ton is still over the 100000 barrels a
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-18

close of last week. and the possible
withdrawal of banking funds from New
York which have now absorbed the
Treasury Offering have caused many tO
anticipate higher call rate early this
week.
Since Others" have become such an
important factor in the money market
and the action of the banks more or
less indeterminate. due to the reluct-
ance Of the reserve banks to bring about
the sharp liquidation threatened in
February. the future of the call rate Is
impossible to determine. Call rates will
probably continue to fluctuate widely
and at the least provocation rise to a
new high point.
The general level Of stocks closed the
week close to the high point, beyond
which 1t has been unable to advance
for four months. AS soon as the point
was approached, heavy selling wave
took place and the market made little
progress thereafter. Unless the heavy
volume of selling orders just above this
level is absorbed the market can hard
ly be expected to enter into broad ad-
vance.
Copyright, 1927
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-18
STEEL MILLS ACTIVE.

NEW YORK March 10 P1.-Steel
mills in the youngstown district are
operating at 96 per cent of capacity,
with 40 or 81 open hearths in the dis
trict smelling Steel pipe operations,
however, are placed at only so per
Gent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-18
Coal Tonnage Increases.

NEW YORK, March t8 (P).-Revenue
coal and coke tonnage of the Hooking
Valley Railway, the annual report dis
closes. increased IA per cent last year
to 22,7870O0 tons, while other freight
decreased 1.6 per cent to 4,072,000 tons.
Total revenue tonnage increased So
per cent to 26,s59,0O0 tons. Passenger
traffic decreased 1877 per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-18
Record Price for Curb Seat.

NEW YORK, March 10 LA0-A
record price for New York Curb Elk
change seat was established today with
announcement that a sale had been ar
ranged at $4,000, an advance OF $4,000
pver the previous record.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-18
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star Office
BY the Associated Press.
INDUSTRIALS

NEW YORK, March 18.-Following Is
a list of stocks and bonds traded in on
the New York Curb Market today:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-18
STATEMENT OF THE CONDITION
OF THE
Old Dominion Fire Insurance
Co. Of Roanoke, Va.

On the sIst day of December. 1928, as
required under the District Of Columbia
Code. amended June 80, 1909. and August
10. 1911.
Capital stock ....,...........s 81. ZOO, 900 90
Capital stock, paid UP, IN
caSn ..,...,............. 1tVUu,VoV.uV
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-18
Oil Production Drops.

NEW YORK, March 10 (P).-Cali-
fornia's daily average production oil
crude oil decreased 4.500 barrels last
week under that of the previous week
to $4,000 barrels.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-18
STATEMENT OF TIVE CONDITION
OF THE
United States Branch of the
ROYAL Insurance Co.. Ltd,
of Liverpool, England.

On the. 3lst dav of December, 1928, rs
required under the District OF Columbia
Code amended June 30, 1902, and August
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-18
TREASURY CERTIFICATES.

tRsported by J. 4 W. seligmau & COY
Rid Offsr
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-18
STATEMENT OF THE CONDITION
OF THE
Fidelity-Phenix Fire lnsur-
ance Co. of New York

On the 3Ist day Of December. 1928. as
required under the District of Columbia
Code, amended June 80, 1902. and August
10. 1911.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-18
STATEMENT OF THE CONDITION
OF THE

On the 31st day Of December. 1929. rs
required under the District Of Columbia
Code, amended June 80, 1902, and AUGUST
IS, 1911.
c.,,,., s.,.. 1000 900 90
The Washington times., 1929-12-31

ROeHna, apartments. homes % business
plaees-ALL can be located through
seHtAlp IN TiW.es Classified Ads.
The Washington times., 1929-12-31
DEMAND FUNDS
DROP

The Federal Reserve Boards
condition statement Of weekly
reporting member banks III lead
ing cities on December AZ, issued
yesterday, shows decreases for
the week 81 SIC. OOO.O 900 In net
demand deposits and Of $2i ,Ol0.-
600 In Government deposits, and
increases Of $61. 900, 900 in time
deposits and Of $4,000. 900 IN
borrowings from Federal Reserve
banks. Total loans and invest
ments show no change Tor the
week,
Loans on securities increased
$50, 900, 900 at all reporting banks,
SIC, 900, 900 In the New York dis
trict, 10000 200 Ia the Boston
district, SO 900 900 In the San
Francisco district and Sc, 900 900
IN the Cleveland district.
sAll other loans declined $45.-
600. 900 at all reporting banks,
$4B 900, 900 In the New York dis
trict, 4I1 900, 900 In the Chicago
district and Sc. 600, 900 each in the
Philad elphia and Cleveland dis
tricts, and increased SCI, 900. 900
In the San Francisco District.
Holdings Of United States Gov
eminent securities increased $i4.-
O0O, 900 In the San Francisco dis
trict, and declined $24. OOO, 600 in
the New York district. and $23,-
0OO. 900 at all reporting banks.
Holdings OF other securities In
creased $2l. 600 900 In the San
Francisco district, $4,000 600 in
the Boston district and SIS, 0OO,-
900 at all reporting banks.
The principal changes in Dor
roWings from Federal Reserve
banks for the week comprise in
creases Of $4,000. 900 at the Fed
eral Reserve Bank Of Chicago.
s21 .O0O, 900 at New York and
81 100000 at Boston. and de.
creases Of SCI 100000 at SAN
Francisco and Se.000,0 900 ct
Minneapolis.
The Washington times., 1929-12-31
RAILS CLIMB MD
IN MARKET
RALLY
By W. s. COUSINS

NEW YORK, Dec. 81 QNS0.
Both the industrial and the rail-
road stocks were inclined
moderately upward in the early
trading today, in continuance Of
Mondays closing rally. Con-
siderable selling for cash was
reported on the tape in the first
l1alf-hour, but prices quoted on
sales of this character are not
considered in the official compu.
tations of the stock exchange and
other compilations. In most
cases. the cash sales we're at
fractional discounts from prevail.
ing prices in the most active
stocks.
investment buying Of high
grade dividend stocks was in
good volume. United States Steel
forged ahead 3A points to 1894
and new gains Of l to 3 points
were recorded in General Electric,
Nash Motor, American Can,
American and Foreign power and
other favorites. Near the end OF
the first hour stock offerings
dried up and the market floated
around with odd-lots and leo
share lot sales passing through
at narrow price changes.
Eentiment was improved by the
favorable reports and statements
OF business and financial heads
forecasted a good average year
for 1880, though recognizing that
improvement in the first half
would be somewhat slow. Call
money was unchanged at 8 per
cent.
Missouri, Kansas, Texas Rail-
road common was leader in the
speculative rail group and rose
8 points to ~ on rumorS OF q
possible 4 per cent dividend this
year. The investment rails were
still sluggish, though slightly
higher prices were uoted for New
York Central, Baltimore ard
AtchiSon.
Moderate recoveries were scored
in the second hour in the indus
trial and speciality stocks which
were under fire in the last few
days. The store" stocks, includ-
ing Montgomery Ward, Sears Roe.
buck and Woolworth. advanced a
point or two on the improved
business outlook. Utility stocks
we're firm but extremely duh. with
American and Foreign Power up
nearly points. Western Union
jumped 7 points to 1914 in fairly
active trading.
Commodity markets were dull
and irregular, with cotton and
grain inclined to sag.
The Washington times., 1929-12-31
Z RADIO FIRMS
VETO AIR j.

i
Inc movement TOT raoio UNI
versity Tor natlonai eoucation
struck 9 snag Wnen the ADVISORY
committee recently appointed by
Secretary Of the Interior Wilbur
,,.at 49, ,,osta,,.o, - oo,,s.,,a,
9 ~ ~ - !.
the report OF It's TACT flndlng SUD
committee.
Both the National Proc dcastinc
~ g., $500
oollipans anu Sie Dls'
BroaocasElng system, the Two
great radio groups, entered OBJ
Jeetions to the plan as outlined
by the subcommittee.
Too Early, Is Claim
National Broadcasting represen.
tatives said develonn6e,ts Il, ed,l
~. -. go - 20. .... ~
oAEiun ~ io nav noo s's
lar enough 70 warrant taxing 90
definite q step.
IN lien ri the suggested uniyer-
III. 49, 1,s,,,,,,,,;, $50, -, ,,,.o,,os.d
oiVe' Olle SsA'alllOia ssS'e.la = O'''N,'1N'
establishment Of DIVISION ior
education by radio in the United
states office of Education This
cf ssiS should provide for elemen.
tsrv ed,lcation on the one hand
sr,H admit education on the other,
n MAS hsld
finder the Columbia plan, the
division director would name i
Technical staff which. after con.
sSIItation with authorities on edu
cation and broadcastiFig. would
arfange programs and provide for
their distribution over existing
SVstens
A.L.a Ella n0tl ma
,a ! -. ~. go o.. :.
Inc suggeselVln y sLs I sOs .aalss
ing suncommlesSs W ~. aa a,,.sor,
opposition was Sl ~. IOr 81 elluOw
from which would carry the uu-
.fAs4ni,i,ar, tt.,.c.,gE. ife asy,nr.ivaeva.
0EELHklk1R JIlIUUk1t 1blo CAkGA AkAASAAa
The Washington times., 1929-12-31
PLANS
NE RGER

HERSHEY. Pa, Dec. 81 GIN,
50 The proposed $500. OOO. 900
merger Of the Hershey Chocolate
Company. the Kraft Phenix Cheese
olive Peet Corporation. which was
to have been contaminated early
in 1880 under the financial ai-
spices Of the National City Com
pany. Of New York, has been
abandoned.
Formal announcement Of the
disintegratiOn Of the plans for the
gigantic CONSOLE ati0n was made
by John e. Snyder. counsel Tor
the Hershey Company, today.
Snyder, stating that the aban-
donment had been agreed upon
because this was not q good time
to undertake the proposition.
said that the chocolate sn1anilfac-
turing concern had been willing
to 60 along with the project, but
that no formal action ever had
been taken, that no plans for the
merger ever had been formally
announced, and that negotiations
never had reached the point
where the proposition was placed
before the stockholders.
It was believed in financial cir
cIes here that the disastrous col
lapse Of the topheavy stock mar
ket late Ia October shattered the
plans for the unification Stocks
OF the companies involved In the
proposed merger were hit heavily,
Hershey preferred having dropped
about so points, Kraft-p heElix
common about 40 and Colgate
Palmolive about 20 points to about
the SO mark.
The Washington times., 1929-12-31
ON SHOCKS

EarnIshsd By Y, 3. Hihb. { Cos
The Washington times., 1929-12-31
RAL TlM0RE GRAM MARKEI

BALTIMORE. Dec. sl.--BaitimoFe
Wheat--FIrmer; No. : red winter
sbof, sI.aI1 No. Z red winter gar
licky spot domestic. 31,29A: receipts
/. s2l blshalxs shipments, 2S.9sa bushels
nestle CARROTS new, 41.05; receipts
sf0.si2 bushels; shipments. ass bushels
Oats-loufet: receipts, ample: No.
white domestic CARROTS. 55c and Sc
sbnahel: No. white, 50 and ssc: re-
ceipts, 1891 bushels; shipments, 72e
bushels.
Rye Nominal; receipts, none; ship
nenta 100 bushels.
Hay Firm; receipts. light.
Flour. quiet.
The Washington times., 1929-12-31
PRODUCE SHIPMENTS

Car-Iot shipments reported for the
entire United states for saturday:
Appies--New York. IS; Pennsylvania,
&: Virginia, 81; washington. rs. Others
46 Total 22S.
Lettuce ArizonA9 fss; California. So;
Florida, s. Total 2sO.
Onions Indiana, %; Michigan. 80;
New York. Ifsi Ohio. IS. Others ~
oranges-,Arisona. ., Callicrnla. zee:
Fl"r'da. ga I-@assiaas, !, Total ss4.
The Washington times., 1929-12-31
BANK STATEMENT

Washington Clearing House,
$5.238. 8l4.O9.
New York Clearing House ex-
change, 81, 858. 900, 900.
New York Clearing House bal
ance, $219, OOO, 900.
Treasury b alance, 4l75,O6O,-
O8O.54.
Customs receipts, $s6, S95. O72.1T.
The Washington times., 1929-12-31
STUFF
IS EK
TNDIANAPQ

TNDIANAPQ
0.N.S.1 Ann
will be made
OF the StUtz
America here
prominent al
turing concord
treasurer Of til
day.
Hamilton II
merger annouI
ma &c Dy r. -,
Of the cornpan,
back here tod
Ohio, where
surnably in the
pending merger
The Stutz N
was made def
day In three
creditors seeki
clared loankrup
ceiver appoint,
The Washington times., 1929-12-31
ALL SALES AND PRICES ON NEW YORK STOCK EXCHANGE IS

QuOtatiOas Furpishsd By W. 3. Hikbs 4 &c.
The Washington times., 1929-12-31
5 | [ FL
SHOW
PTTTSRuRGHI

PITTSBURGH
N.S.l Steel 1
ing 1929 totaled
exceeding that I
and ol1e-l1alf per
TO the Iron Ag
summary Of the
trade. This huge
suited from 10 nj
cented activity vi
sl1arpest decline
and December prd
1907
The magazine is
garding prospects 4
quarter in the new
out that the drs
Of buyers stocks hi
operations to respc
the resumption Of /
consuming industl
year-end inventory
The Washington times., 1929-12-31
CLUB TO Bun
AN ERANr,Tsrn

SAN FRANCISCO,
tI.NS0.-The Olympic
this city today announce
for erecting q 26-story u
to cost about $4,000
struction is expected TO
early in 1890.
The Washington times., 1929-06-01

THE wife of a travelling
i salesman is suing for
divorce. She says she's
tired of being a widow
while her husband is living.
Pitiful Cases
The bathtub singer who
caught pneumonia from
taking too many encores,
Matrimonial Martyrs
Every married man is
boss of his own home until
he gets home in the eve
ming.
Advice to q Mosquito
There isn't much nour-
ishment in an artificial leg.
Efficiency Experts
The burglar who had to
earn an honest living until
aAs eoud gSl M ka ~
The Washington times., 1929-06-01
Advice to a Mosquito

There isn't much nour-
ishment in an artificial leg.
The Washington times., 1929-06-01
Maybe I'm Wrong
Justifiable Homicide
BY John P. Medbury

Justifiable Homicide
When the dentist takes
his forceps and plays, "She
loves me, she loves me not"
on your, teeth.
Stop, Look and Listen
If the reformers had
their way about it, poison
ivy would be the national
flower.
You're Right
Committing bigamy is like
playing bridge. You never
know when the State is
going to trump your queen.
Ace Of Cads
The fellow who dipped
mice in whitewash and sold
hem for ermine.
Our Own Vaudeville
Helm a self-made
man.
Shs-It's too bad row left
; - - =, - = =
The Washington times., 1929-06-01
Ace Of Cads
Our Own XaudevillS

Helm a seIf-made
man
The Washington times., 1929-06-01
DOWN

l. Collegiate degree (ab.).
2. Unit of area.
8. Mans name.
4. Stream Of oblivion.
5. Division of the Union.
The Washington times., 1929-06-01
Daily CROSSWORD Puzzle

g., Vessel.
z. Negative.
8. Depart.
9. Kick a football.
IL. Step.
Is. Part Of Asia Minor. ;.
16. iNuisances.
18. Flat surfaces.
19. Port in Southwest
Nigeria.
20. Center Of activity.
27. Helpers.
%. Craft.
80. Gain.
33. Tiny.
"a. Even.
SO. Chinese prefecture.
SO. Hypothetical force.
80. Toward.
Al. A bone.
az. Street (ab.).
Answer to Yesterdays Pu9Ele
The Washington times., 1929-06-01
ACROSS

l. Philistine god.
5. Warbled.
9. Define and analyze.
10. Group Of horsemen.
IL. Engaged in.
Is. Indefinite article.
ID. Pinch.
IL. Head cover.
10. Milk.
21. Part Of the foot.
%. Before.
%. Exist.
"a. Nova Scotia (ab.).
25. Goddess of earth.
26. That one.
-27. Owns.
20. Upon.
80. Existed.
81. Request.
80. Observed.
81. Prefix: into.
35. In case that.
81. Famed.
40. Not fast.
43. Puts on.
ID. Not found.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-11-17

broadcast before our program was given
and while commercial communicate
between shore and shore and ship and
shore had been established. our broad
cast was the first ever made of COM
plete program" announcer and every
thing, and it was not until November,
1921, that KDKA began its broadcast
ing. So Washington leads Pittsburgh
and the world by more than two years,
and I can legitimately claim to be the
dean OF all radio program announcers
as well as the originator Of the varied
radio program, with vocal, instrumental
and oral features.
But if it had not been for the interest
of the staff of the United States Signal
Corps and the permitted use Of their
apparatus, of the liberal view taken of
the matter by Bishop Harding and DR..
Covell in allowing the use of Trinity
Church for Trinity Civic Forum, and
the transformation of the space below
the altar into rostrum by the inter-
position of an American flag between
the chancel rail and altar, by the vol
untary contributions of the auditors
that night to Trinity Forum to help
meet the expenses incurred, by the
dignity given the AFFAIR by the presence
Of the Vice President of the United
States on that occasion and his active
participation in my plan for an inter-
state broadcast by radio telephone
transmission for re-broadcast, oral au-
dition in lieu of a radio program would
have been a technical layout without
practical application.
Perhaps those of us who participated
as functionaries and auditors will some
day form a pioneer organization. We
passed our tenth radio birthdate last
August and so are rapidly growing up
from crystal sets, or no sets at all, to
multiple tubes, super-ultra, dynamics
ard all the latest fashions is radio.