davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-01
CURB SHARES RISE
IN ACTIVE MARKET
Selling Quickly Absorbed as
List Moves Ahead in
Quick Upturn.
BY HARRY III. BECKER.

Special Dispatch to The Star
NEW YORK, May AFTER advance
ing vigorously again the first part of the
session, prices reacted on the curb ex-
change under realizing due to the
extraordinary size of this weeks gains.
Although many early favorites lost all
their improvement, selling was abb
sorbed in good fashion and some new
leaders were taken up in the last hour.
The utilities, most of the aviation anG
airplane accessory issues and an in
creasing number of miscellaneous in
dustrialS figured prominently in the
broad upturn.
Features on the upside again included
Electric Bond & Share, and many other
utility holding company issues, but
their early gains were later partly cam
celed. Rights to subscribe to the issue
of American Telephone g. Telegraph
convertible bonds were listed and be-
came active around 6l2.
In the aeronautical division Douglas
and Bendix stood out prominently, both
scoring new record highs, with the lat
ter enjoying an extraordinary turnover.
The revival in Douglas followed publi-
cation of estimates to the effect that
sales this year may run as high as
$5,000,00 indicating earnings of at
least 50 a share and possibly 81. De-
n,and was again quite insistent for Irv-
ing Air Chute and Niles Bement-Pond,
the latter at one time adding s points
TO its already spectacular advance. How
ever, realizing cut the gains in the
subsequent trading.
Increasing interest was displayed in
shares of companies allied with the
amusement and moving picture industry.
National Screen Service was an out
standing performer, responding to mer-
ger reports and expectation that forth
coming earnings statement will show
gratifying increase. In the automobile
group Ford of Canada rights, listed
Tuesday, shot up spectacularly, while
both stocks encountered some pressure.
Metal, mining and the oil groups also
participated in the activity. although
the gains were not nearly so pro-
nounced as elsewhere. In the low-priced
section Premier Gold showed some ami
nation on news that the company plans
an intensive development program and
on rumorS of a large dividend. Other
features on the side of advance in the
miscellaneous division included Interna-
tional Protector, old and new, both at
new peaks; American Cyanamid, Alumni
mum Corporation and Grigsby Grunow.
There were few weak exceptions,
the most notable being Celanese, which
made new low.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-01
lNDUSTRlAlS A.,

If the seasonal recession in business
which usually begins in April or May
sets in this year, 1t may further re-
strict general industrial stock prices.
Any decrease of business activity, how
ever, should release some of the credit
now being used for business purposes
and this would help to sustain stock
prices.
If the banks are satisfied with the
liquidation that has already taken
place in the stock market, and are will
ing that money rates should fall, the
depressing effect of declining business
may thus be offset by more favorable
credit conditions. If money rates fall
far enough. the point would probably
be reached where stocks would enter
another broad rise.
High Money Stops Rails.
Lower money rates would be even
their more limited dividend returns the
rails are more sensitive to money mar
ket conditions than the industrials. So
far as their trend In the market is con-
cerned rails are cross between bonds
and industrial stocks.
Thus in 1928, even though the revenues
Of the railroads were rising steadily, the
rails did not respond to favorable bust
ness conditions so vigorously as the in
dustrials. AS Is usually the case they
were held back by rising money rates.
Ever since Government control OF rail-
roads was first effected. low or falling
interest rates have generally been CO.
incidental with periods of rising rail-
road stock prices, and rising or high in
terest rates with periods of steadily
falling railroad stock prices.
During the past year the rails have
withstood high interest charges better
than usual 1t is evident. however, that
they are still Influenced by money mar
ket conditions since none OF the sharp
advances In rail stocks have been main
tanned. The rails have usually fallen
back almost to their starting point
shortly after these advances.
In the last Is years the rails have al
ways advanced when money rates we're
low or falling. Perhaps falling interest
rates would again cause the rails to
enter into a sustained advance.
Copyright. 1921
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-01
WHEAT UNSETTLED.

CHICAGO, May LP.-Immense de-
liveries of wheat on May contracts were
witnessed here today, upward of 9,0O0,-
900 bushels, but except toward the last
wheat prices averaged higher. The de-
liveries apparently went into strong
hands, and there was a good export de-
mand today for wheat from North
America, European takings being esti-
mated at 100000 bushels. On the
other hand. monthly private crop re-
ports to be given out tomorrow were
generally expected to prove bearish as
compared with last years final estimate.
Wheat closed unsettled at the same
as yesterdays finish to "a lower: corn.
IA to 81 up: oats at Il decline to 2
advance and provisions varying from
Is decline to q rise of 40.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-01
Ticker Service for Coast.

NEW YORK May / Especially -
Ticker service will be extended to the
Pacific Coast by the Curb Exchange for
the first time TODAY The cities to
receive quotations will be Los Angeles,
San Francisco. Oakland and Pasadena
simultaneously the service will be start
ed in Kansas City, Denver and Salt
Lake City. making a total of 81 cities
throughout the country receiving curb
ticker quotations Within a short time
the service will also be installed In Min
neapolis. Milwaukee. Columbus. Akron,
Youngstown, Louisville and Richmond.
People OF China are using more Amer
lean products than for many years.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-01
BY KENNETH S. VAN sTRUM.

NEW YORK, May For the past
five months stock traders have found
the market hard to beat. The chart
shows the reason plainly enough: The
market has made almost no progress
since November.
Stocks at November Level.
An average of stock prices such as is
used in the chart is sometimes con-
fusing to the Individual stakeholder,
for, unless he holds the particular
stocks included In the average he can
not tell accurately from its fluctuations
how his personal fortunes are changing.
Such averages, however, usually in
clude a wide enough variety of repre-
sentative stocks t. make them worth
while indices of the changes in ior-
tunes Of investors in general
Both industrialS and rails have under
gone wide and cratic fluctuations since
November, but at present, after five
months of churning, they are again close
to the levels from which they started in
late November. Some stocks are nigh
err, some lower, but, on the whole, they
have made little progress.
Business Activity Helps Industrials.
It has been evident during the cast
year that industrials and rails are af-
fected by quite different factors. Last
year the industrials were experiencing
one of the broadest bull markets in his
tory. Business activity was mounting
steadily, and helped by an increasing
public interest in equities, the indus
trials rose In the face of rapidly rising
money rates.
Although business continued at a
rapid pace, the point was finally reached
where high money rates brought forth
the Reserve warning and much discus
sion of the credit situation. Business
activity has not slackened. and has rven
increased. but The industrials have made
little further Progress.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-01
New Securities
By the Associated Press.

BY the Associated Press.
NEW YORK, May New securities
offered today include
$500, 00O-Gorham, Inc, So cumu-
lative preferred stock, no par value, with
warrants, at $50 share
$500, 000-Chicago, North Shore &:
Milwaukee Railroad three-year pei
cent notes, maturing April /, 1882, a,
97A and interest.
$3,699, 960-Walker & Co. (Michigan>
class A, convertible no par value stool
and class B no par stock units at $50 pc
unit of one share A and one share B.
$780, 00-Poor 81 Co. 6 per cen
sinking fund convertible notes, due Apr
Is, 1889, at 99l2 and interest. Com
pany supplies railroads with equipment,
used in track maintenance and con-
sti'uction.
10000 shares Capital stock ShafTer
Stores of Altoona, Pa, a $225 share.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-01
c. &P. DIRECTORS VOTE
S92.6 CTS IN BETTERMENTS

Additions and improvements to the
telephone system In Washington involv-
ing expenditures Of S92,675 we're au-
taorized by the board of directors of
the Chesapeake & Potomac Telephone
Co. yesterday. The placing of these
facilities brings the total appropriation
for similar work in the District of Co.
lufnbia so far this year to $967, 900.
The facilities to be provided include
underground cable relief in the Georgia,
n-Franklin, Potomac central
Office areas and the installation of ad-
ditional equipment in the Main Frank
LIN central Offices.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-01
COTTON PRICES GAIN.

NEW YORK, May 1 (SpeciaD -
Heavy rains In the lower Mississippi
valley and Eastern sections causing a
change to less favorable weather had
a decided effect on the cotton market
today General covering, duplicated
soon after the opening. which advanced
the list So a bale, with December SELL
ing at 10 cents before the market met
more contracts and eased of 10 points
in final trading. Prices showed a gain
of about 10 points on the day. Spots
were advanced 10 points to 1855.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-01
Markets at a Glance

NEW YORK, May / P).-Stocks
strong; radio repeats years high.
Bonds irregular; convertibles advance
on strong demand Curb strong;
Aluminium Co. climbs Is points to
record price. Foreign exchanges ir-
regular; Spanish pesatas slump to new
1929 low. Cotton higher; heavy rains
in Eastern and Central belts. Sugar
steady: better sport market. Coffee adj
vanced; Brazilian buying.
CHICAGO. May l (P).-Wheat easy:
bearish Kansas estimate. Corn steady:
bullish weather reports. Cattle weak
to lower. Hogs lower.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-01
New Credit Manager.

Stephen I. Miller, executive manager
of the National Association of Credit
Men. has notified the local branch of
the appointment of Brace Bennitt OF
Wichita. Kans., as central division man.
ager, with headquarters In Chicago. His
territory includes rs of the las credit
associations in the country, having about
$4,000 Of the associations $4,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-01
METAL MARKET.

NEW YORK. May / C0.-Copper
quiet; electrolytic, spot and future, 1S
Iron steady, unchanged. Tin easy: spot
and future, 4400. Lead steady: spot
New York. TOO: East st. Louis. sos
Zinc steady: East st. Louis. spot and
future, $50. Anthony, 9.l2.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-01
Packing House Products.

KANSAS CTTY-Prices have con-
tinued to climb in all classes of whole
sale dressed meat during the past week
Beef prices were up SO cents to $3.50,
most pork cuts advanced about so cents,
and lamb cuts were up to 81 to 50 early.
but lost most of the gain later. Demand
is fairly brisk and supplies light.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-01
MONEY MARKET.

NEW YORK, May tR.-Call money
easy; high IL; lowAl0; ruling rate. II;
closing bid, 10; ting loans Arm; mixed
collateral. 5000 days. ga; 4-6 months,
8a8A: prime mercantile paper, 534a6.
Bankers acceptances unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-01

PORTLAND, Oreg-Box factories in
Pacific Coast territory have reduced &C
Invites owing to prospects of reduc-
ton in deciduous fruit crops In Cali
fornia, estimated at from Is to so per
cent. Railroad revenues will also be
decreased by the frost damage, but fruit
growers as a whole are expected to re-
ceive about as much for the smaller
crop as they got last year for bumper
yields.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-01
Commodity Notes
Steel.

YOUNGSTOWN, Ohio, May 1.-The
Central Alloy Steel Co. has authorized
additions costing approximately $1,000
600, it is reported here. The company
will begin making stainless steel under
a new method.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-01
Automobiles.

SACRAMENTO.-M car regis
tration in California totaled 1,742, 891
year, showing an increase over last year
of 133,989. Fees totaled $S,l44,457.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-01

RecenA strength OF the chemical
shares my be explained by the intro
duction Of new products at the New
York Chemical Show. which opens next
week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-01

The word witch, in old England, ap-
piled to both men and women.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-01

Some men acquire that tired feeling
from looking for an easy job.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-01
GERMAN BONDS AND STOCKS.

NEW YORK, May (SpeciaD.--
Rid Asker
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-27

Milton Morris Of Austin, widely known In the rail
world Of Texas and adjoining states, has been pro-
NOTED to division agent Of his lines. A promotion
that was handed to a very deserving man and a popu-
lar citizen OF the city Of the Violet Crown.
He was city passenger agent Of the Missouri Pa
cific.
Merit has received its reward. He has been with
the company 40 years. He began as a little messenger
boy at Palestine. He has filled many positions in
the 40 years and all without a black mark. Efficient?
YES. Courteous? Yes. Familiar with all the de-
tails Of the game? Yes.
And think Of it, he succeeded Col. Peter J. Law
less not many years ago after the colonel had served
the I. & G.. N. railroad in this city for more than
so wears. There are men on the firing line Of activity
who are ever worth the while. Names Of Lawless and
Morris are on the list.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-27

Texas u. royalty fund is nearing the sl4 600 600
mark. Interest on permanent fund investments is
USED Tor the construction Of buildings. A new high
total has been reached. OF this permanent fund SILL
402s0S has been contributed from royalty on oil pro-
duction while the, remainder constitutes funds from
leases Of the university land and other sources OF
revenue arising from the lands.
Why shacks on the campus?
Why other ~handicaps r~etarding the growth Of the
university plant including equipment If the han
dicaps are Of a constitutional nature, why not change
the constitution? Texans should come out Of their
trance. They should do some thinking. After think
ing they should DO ONE voting.
Constructive legislation IS necessary and in 1880
about constructive legislation-this in the selection
constructive men should be picked in order to bring
Of candidates for the senate and the house.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-27

~@~t-fr- ~-@-- - nA.----m Lne
- ~wsI,c- "a = GrS = SH1-se not
A mawwmw m~mafNA~m ~.w#m- 49,
err two me en- time.
~
- 1870 -o.h yot
n-,s,Sns ~ $1,000 49, aoctor Wi
s- ~~I@.--s--
s~- $50 pAr
~e.-.--d ~--aa.-. - Ssssa
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-27

Culloch counties, Texas. was e
commended TO the Interstate Com
merce Commission today by Ex-
aminer J. S. Prichard.
The examiner would defer, how
ever. consideration or the proposct
construction by the railway OF Q
line from Eden to San Angelo in
Concho and Tom Green counties.
Permission would be granted for
the road under his findings to re-
tain any excess earnings from the
new construction
The Abilene and Southern Rail-
way which has an application pend
ING before the commission t0 Ux-
tend its line from Ballinger 10 san
Angelo has opposed the Gulf and
West Texas project ON the ground
the two proposed roads would par
allel each other five or six miles.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-27
A Pastors To Hold
Mercedes Funeral

MERCEDES. Nov. 81 - W. d.
George. 50, resident Of Mercedes for
nine years, died early Tuesday
morning az his home here in Palm
Heights drive after a prolonged IL
ness. Funeral services are TO be held
Wednesday at 3 ID. IN. from the Bap-
tist church with four pastors or the
city assisting, Rev. Ernest Baldwin
Of the Baptist church; Rev. c. p.
Owen Of the Presbyterian; Rev. M.
III. Keen or the Methodist. and Rev.
y. Mcintyre Of the Christian Burial
will be in Mercedes cemetery.
Mr.. George was q prosperous
farmer OF the community. He is
survived by his widow and two
daughters. Misses Bernice and Leona
George; two brothers. J. A. George
of Oklahoma and j. r.. George OF
Chicago: and two sisters. Mrs. ~.
p. Roney OF Dumas. Ark, and Mrs.
James Haley Of Warren, Ark.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-27

I Just up and beat 1t down the fire
escape fast as I could go when !
knowed nothin' would hurt Queen.
Wasn't I q damn fool to drop my
gat in through the window right be-
side her-so's they'd hook it right on
70 her like that7"
Il know you're telling the truth,
old man." Rowdy sat on the edge Of
the bed and shook his head. But,
how in hell are we going to prove
1t? Where could the gun have gone?
Do you suppose someone picked 1t
up?"
1T couldn't have gone out the
winder. could it?"
NO." RoWdy looked out. The fire
escape would have caught IT."
1T amt down there on any Of the
roofs around here, ! went all over
the bloomin' place in broad day
light" Tim sighed.
Rowdy moved the bed and all the
furniture and looked. Tim, leaning
against the radiator. watched him
with ever growing u~neasineSs. Then
seddenly he turned his head and
looked back Of the radiator.
MY Gawdl"
He stopped and reached down. II
was a little gun. Exactly like the
one with which MARITIME had been
killed.
Rowdy stared at 1t with mixed
emotions. Poor kid. He didn't real
lie what he was getting into. He
was letting himself in for a lot OF
grief Just because he wanted to save
his girl" No one would ever have
known the difference If he had re-
manned silent.
Rowdy took the gun and stood
looking at Tim. Tim was choked
with tears Of relief and Rowdy
was strangely choked with various
emotions. He almost wished he had
not got into 1t.
Here was q fourteen year old kid
who had killed a mainland he
would have to turn him over. Row
day had always been sentimental.
But he had never been quite so
stirred as he was then.
Rosalie In q few hours could be
freed. That was blessed relief.
But 10 would 20 hard with the
brave and manly Tim. Wildly he
racked his brain for some way TO
shield both Tim and ROsalie. When
he sat quietly staring into space,
Tim spoke first.
well. Mister, / guess ! can 60
now. Ill 90 home and get some
sleep"
aYou know what this means.
Tim you-youn have to be turned
Tim got up and blinked the tears
back.
Yeah-sure I know. ! done It,
didn't 7? 1t amt as bad as queen
bein' in the hoosc-gow innocent
When Rowdy said nothing ne
spoke up quickly: -.
aYou don't need 70 worry apoul
lettin' me 20 home TO me motneT
and father. I'll come back early u
the mornln'. You don't need 70 tel
.em either-till you turn me ILL.,
Thev'd only try to stop me
You're sure you want 10 go
through with it-"Rowdy looked a.
him dcubtfully.
Tins lip curled.
aWhat kind Of a yaller skunk 90
n
aMaybe-if we wait q httle VIZ
re N think Of some other way
Hut Tim shook his head furioHsiy'
aNothin' dom. Dye think L. ~
Queen stay In that place anotneE
dav9 tits different with Q girl
II don't care-much. Only me
father and mother nd the KIDS"
Rowdy nodded understanuingly
and out on his hat with his eyes
smarting. :
aT1l walk home with you Tim ]
need a little air after all this"
At Tins door he looked up at the
ugly tenement that he knew had
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-27
Millions For Texas Building

Bascom N. Timmons is one Of the most reliable OF
washington correspondents. He is responsible for
the story that approximately sl1 100000 worth Of new
buildings in Texas will be speeded UP as the result
OF Pres. Hoover's decision to seek larger appropriations
Tor federal building purposes.
There are SIS buildings planned for Texas.
Now is the time TO build. Keep skilled labor busy
ct wages which viii maintain high standards Of
living.
Keep manual labor busy. It is silly to permit a
return Of bread lines to American cities.
This is the richest Of nations. Our government
spent billions OF dollars for the prosecution Of the
world war. Why not spend millions Of dollars in
peace time TO insure prosperity and plenty in the
homes or American wage workers?
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-27

always been a home to Tim and
held out his hand:
Put her there, Tim. Ill spend
the rest OF my worthless life or get
you out OF this mess. somehow.
You did just exactly what any white
man would have done. You're q
hero. See you in the morning
CTO BE CONTINUED
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-27

Ihgh - you EUt M5 EUA5un IGy 80 PEIpAfGu
In advance or the time you read them.
So here / sit and project my mind forward ia
the frosts OF November and the joys Sf Thanks
giving Day. You win get this message on the day
preceding this. our first national holiday.
1t il easy for me to picture what win take
place IN Thanksgiving. 1929. I'm Michigan thg
weather win be cold and bIustery Ivy late NOvem-
Der. | have known this stream 70 be frozen ever
before Thanksgiving. Many n time 1 have ad-
justed my skates right where A am writing.
I'm imagination II can near the gObblinR and
grumbhng in the barnyard around Tie hin. The
brothers and sisters of the head of the turker
flock are wondering where their kingly brother
has gone.
But I am not wOnderingI I can catch the
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-27

$3.50 ~ 80 -. - $3.50
away. ! can never forget those glOri-
u holidays Uncles and aunts.
cousins by the score. and grand
mother beaming on the groupi what
a memory.
We need these days OF Qualification.
Life must not be- too BInid and stupid
an experience IL we are to be- happy
and glowing with health. As ! view
t. IL - a sad mistake TO make such
N business OF life that m holiday
seems u waste or time
The race ~ not % the swift always.
But even though the goal Is q for.
tune. what difference does IL make
w you miss IL?
Az a matter or fact. however. You
are more likely TO win IL you con-
serve your precious body. Each OF
as need and must have mn album
dance or recreation.
The very word recreation" means
recreation" We must have time
and leisure TO permit the muscles
and nerves to store up new strength.
There must he frequent re-creati0ns
~ we are TO live long and have the
physical endurance 70 fight lies
battle.
Then. on tho spiritual side: Isn't
It right, meet and bUunden duty
10 stay earthly affairs long
enough on occasions TO offer up TO
Almighty God sincere thanks f.r
what He has given Us?
Thanksgiving Day Is "a day for
thanks to the Creator and a day to
permit nature TO do her work OF re-
creation. I trust you win live up to
n highest ideals or what this day
should be 10 you and yours.
- -
Answers to Health Queries
Mrs. IT, y. T. OWN you kindly
advise whether or not ~ ts wise 10