davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-04
STOCKS IRREGULAR
IN PROF|T-TAK|NG
RumeIy Stocks Break Fur
ther-0iIS Are Features
on Buying Side.
BY GEORGE T. HUGHES.

Special Dispatch to The Star.
NEW YORK, May 4.-Without uni
formity of movement, todays stock
market was the confused result of
realizing in part of the list COM
bined with new buying elsewhere.
1t could not be said that there was
any direct response to the fact that
the industrial averages had set new
high in yesterdays dealings. Nor did
there seem to be much attention paid to
outside DEVELOPMENTS. either industrial
or financial. For the most part it was
typical Saturday session with evening"
up dealings the rule.
Break in Rumely.
Advance Rumely shares had another
violent break. Following the collapse
of yesterday, the common, selling down
to go, was off more than % points, and
the preferred at 70 was down more than
II points. From these two lows there
was subsequent partial recovery, with
2 and 3 points between sales. At one
time the trading was so wild that the
common was being offered on the floor
almost 10 points under the price 1t was
being printed on the tape.
Another version appeared of the pro-
posed recapitaliZation plan but 1t Is
doubtful whether details of this kind
had anything to do with the selling.
Rather it was the breakdown OF an
eXtrave CANT speculation for the rise.
The interesting point, however, was that
the incident had so little effect on the
market as a whole. There was time
when a happening of this kind would
have unsettled the entire list.
The oils were firm to strong. The
feature was Atlantic Refining. which
crossed 63 to new 1929 high. The
previous peak price had been made
prior to the offer of rights to subscribe
to the new stock so that todays ad-
vance was the more significant. Stand
ard Oil of New Jersey was taken in
large blocks at higher levels and there
was speculation in Pan-American Pc
troleuln B" Pure Oil and Sicily.
Realizing Is Heavy.
The utilities were irregular. Com
monwealth Power made new top right
at the start and so did North American,
but Consolidated Gas, which was so
strong yesterday, met heavy realizing.
1t was well absorbed, but did check the
upward movement, temporarily at least.
Other stocks which were in supply in
Guided General Electric, Air Reduction,
Bethlehem Steel and some of the motors.
Hudson was an exception. rising over
2 points on favorable earnings reports,
and Marmon was well supported.
In the railroad section Chesapeake &
Ohio was prominent. The opening sale
was $500 shares at 229, up points.
from which figure the stock advanced
to $50, the highest price at which 1t
has ever sold. Other rails were mod
erately higher. notably Great Northern
preferred and Reading.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-04
Business Notes

BY the Associated Press.
NEW YORK, May April sales OF
the Otis Steel Co. made a new high
record, increasing per cent over March
and 80 per cent over April. 1923, says
E. j. KulaS, president. The plants are
operating at full capacity, with output
well booked ahead
Small reductions in tire prices will
appear in the flyer" catalogues of
Montgomery Ward and Sears Roebuck
to stimulate sales during the normally
dull Summer months. says a report
reaching Wall street. If the cut is made
it will not affect price schedules of the
leading tire manufacturers, it was said.
Aviation Corporation is understood to
be arranging for the acquisition of a
substantial interest in several accessory
and manufacturing companies in the in
duStry. The corporation already holds
a large common stock interest in RooSe-
welt Field, Inc, which controls Roose-
welt and vCurtiss Flying Fields on Long
The board of managers of the New
York Coffee and Sugar Exchange has
authorized a survey of nearby Atlantic
ports with view to simplifying the
sugar futures contract so that it will in
clude deliveries at ports other than New
York. A committee was appointed last
January to investigate the possible en-
largement of the contract. and at that
time the opinion was expressed that de-
liveries of sugar at other ports would
facilitate storing at periods when there
were unusually heavy Accommodations.
Autosales Corporation, which makes
vending machines, established a new
production record in April.
Iron ore shipments to interior furnaces
from Lake Erie ports totaled 1,703, 1927
tons in April against 700 tons a
year ago.
Construction and replacement pro-
grams of the power companies are re-
sponsible for a steady flow of business
in the electrical industry, says Electrical
World. Industrial equipment is also in
good demand
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-04
Wall Street Briefs

BY the Associated Press
The United Corporation, by obtain
ing virtually the entire block of $780,
600 shares of United Gas Improvement
Co. stock for which it made an offer
several weeks ago, has become the
largest single holder of u. G. I. shares.
although it does not own control of the
Philadelphia Utility. United gave ~
preferred and "a common shares for
each United Gas Improvement share.
A $4,000, 900 issue Of New York City
Corporate stock, to be awarded on
Tuesday, swellS the total of municipal
financing scheduled for next week to
over $1O3, 100000 This compares with
approximately $17,000,0O0 this week
and weekly average for the year to
date of about SIS, $50. 900.
Substantial sales increases over the
corresponding period of last year are
shown by reports of three chain store
companies for the first four months of
1929 S. S. Kresge Co. had total sales
of $42,727. $50, gain of 79 per cent;
McCrory Stores Corporation, $l2,424,-
076. a gain of 80 per cent, and Lerner
Stores Corporation, $4,672.520, q SO
per cent increase.
Owen D. Young. chairman Of the
board OF the General Electric Co.;
Gerard Swope. president, and other
officers were reelected at the board 5
meeting in New York yesterday.
Island.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-04
BY KENNETH S. VAN sTRUM.

NEW YORK, May At has been
said that the civilization of country
may be gagged by the amount of sui
phuric acid it uses, for most major in
dustries use sulphur or its derivatives
in one form or another, and Sulphurlc
acid Is particularly useful. Chief among
the industries in which sulphur plays
an important part are the petroleum,
iron and steel, fertilizer dye, explosive,
glass, paper and rubber industries.
Until 1907 all of the sulphur used in
this country was imported, for, although
sulphur beds had been found. no means
of mining it had been discovered. In
1907, however, the Union Sulphur Co.
began to mine sulphur in Louisiana by
the FraSch process, by which the sui
phur IS melted i'll hot water underground
and pumped to the surface. This
method produced sulphur of such SUI
perior quality that foreign sources were
completely disregarded, and the Union
Sulphur Co. supplied the entire needs
Of the country.
During the war however, the in
creased demands for sulphur by am
munition manufacturers practically de-
pleted the Louisiana deposits, and the
task Of supplying the ever-increaSiEg
demands for sulphur fell to two new
companies which had been organized
to mine in East TeXas-the Texas Gulf
Sulphur and the Freeport Texas Com
panies. These two companies now fur
nish three-fourths of the worlds sui
phur and control the largest known de-
posts of the substance.
Texas Gulf Sulphur.
The Texas Gulf Sulphur Co. is the
largest sulphur producer in the world.
It's buildings and the homes built for its
workers comprise a modern town at
Gulf on Matagorda Bay, Tex, near its
sulphur deposits. In addition to those
deposits owned, it leases on royalty
basis sulphur mounds belonging to Sun
and Gulf Oil Companies. 1t is esti-
mated that at the present rate OF pro-
duction the company'S reserves will last
40 years.
During the last seven years earnings
on the present 100000 shares out
standing have risen steadily from SIS
to $5.72 in 1923. Although not showing
a uniform rate of increase, each year S
earnings have been consistently higher
than the last.
The company has spent large pro-
portion of its earnings in the develop
ment OF its properties. Those develop
very conservative figures. The COM
pany is in strong financial position
and has no funded debt.
1t is expected that the earnings of
Texas Gulf will not climb so rapidly
In the future because it will have to
divide part of its income, after allow
ing for cost of development, with the
Sun and Gulf Oil Cos. The company
holds the strongest position in the in
dustry, however. At the current price
Of 80, the yield on the regular 81 divi-
dend is 48 per cent, and the stock is
selling at IA times last years earnings.
Freeport Texas.
Freeport Texas Co. is somewhat
smaller than Texas Gulf, with which
it shares the control of the country'S
sulphur supply. 1t, too, has built a
town, at Freeport on the Gulf of Mexi-
co, east of Texas Cuffs properties. The
Freeport Texas Co. itself is holding
company, controlling companies own
ing sulphur and oil deposits, transpor-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-04
SUPPORT OF WABASH
PROPOSAL is DENIED

Special Dispatch to The Star.
NEW YORK, May 4-The first official
statement that has come from the
Pennsylvania Railroad management in
nearly a year concerning its relation to
the Eastern merger plan was MADE
yesterday in Washington by Gem w. w.
Atterbury. president of the road.
In it Gen AtterburY denied abso-
lutely the reports that have been pub
lished this week to the effect that his
road was supporting the efforts OF
Wabash Railroad officials for a fifth
system in the East
According to Gen. Atterbury's inter
view there have been no conversations
between the Pennsylvania and Wabash
officials concerning a lineup or the
Wabash with the Western Maryland
Wheeling &, Lake Erie and Pittsburgh
& West Virginia. This is understood
to have been project personally spon-
sored by w. w. Williams. chairman of
the Wabash board of directors. who
some time ago withdrew from one of
the Loree properties in whose manage
ment he had an active hand for many
years.
Gen. Atterbury also took occasion to
clear up for the first time the reports
that the Interstate Commerce Com
mission has intimated that it was not
in favor of the Pennsylvania Railroad
or the Pennsylvania Co. which it con-
trolls. holding the shares of the Wabash
and the Lehigh Valley purchased from
L. F.. Loree about a year ago. He said
that the commission had never indi-
Gated its attitude toward this investment
or the location of it. At the time it
was believed that the investment was
temporary one and had been made in
the general interest of the three other
parties to the Eastern four-plan rail-
road scheme. This conclusion turned
out to be inaccurate It is now known
that the Pennsylvania made the pur-
chase for the advantage that it gave in
dealing with the various competitive
features that are still the stumbling
block in the Eastern unif1cation scheme.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-04

Dividend rates as given in the above table
are the annual cash payments based on the
latest quarterly or half-yearly declarations
Unit Of trading less than leo shares
Partly extra. Plus 40 in stock ! Plus
SO in preferred stock : Plus 1/25 In stock
a. Paid this year-no regular rate. Pay
able in stock. c Plus So in stock d Pay
able when earned. Payable in cash or
stock. Plus l0Ts in stock. Plus 6Qs
in stock. Partly stock. | Plus 2M in
stock. Plus 1920 snare quarterly in
stock. m Payable lI1O share quarterly in
United Cigar Stores common stock u Plus
" 70 in stock.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-04
NEW YORK STOCK EXCHANGE S Ss:s;:: n, :: s 0 Ss:

Note-The New York Stock Exchange
Is now operating on Eastern daylight
saving time
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-04
FRENCH TASTE GROWING
FOR u. S. CIGARETTES
nv ihe Associated Press.

BY the Associated Press.
NEW YORK, May 4.-The American
Tobacco Co. reports that the total ship
ments of American cigaretS to France
last year increased 56 per cent over the
previous year This puts France far in
the lead among European purchasers OF
American cigaretS.
The French tobacco monopoly oper-
ated by the government, received in
revenue last year $l60,000,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-04
.RUMELY STOCKS BREAK.

NEW YORK. May GP).-A wide
open break IN the common and pre-
ferred stocks of the Advance Rumely
Co, manufacturers of farm implements,
took place on the New York Stock Ex-
change today under the hammering of
a small group of bear" traders, who
have been resisting the bidding-up OPP
erations of speculative pools in those is
sues. Advance Rumely common, which
sold as high as S1O487!2 on Wednes-
day, broke $22 so a share TO $50 and
the preferred, which touched SIG on
Wednesday, Slumped $3.50 to $50 a
share. Both rebcunded sharply from
their low levels. O.e-.,----
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-04
Exceed Steel Quota.

The group of German, French and
Belgian steel makers who form the con-
tinental steel entente" produced l.
100000 metric tons more in 1928 than
the quota they had agreed upon. The
Department Of Commerce has reports
showing that the total for the year, in
Guiding mills in Luxembourg, was 3d.
297. 900 metric tons.
The Washington times., 1929-05-14
DENIES GRIM E
INSPIRED BY
MOVIES

NEW YORK, May IA QN.SD.
"A continuous study of homi-
cides over a long period of years
has failed to develop an obviously
casual connection of the moving
picture industry to violent crime, ;"
DIR. Frederick i. Hoffman, con-
sulting statistician of Wellesley
Hills, Mass. said today.
"lt goes without saying that
certain pictures may aid in the
development of criminal instinct
but in contrast, the good the mo-
tion picture industry has done as
an educational factor is enor
nous"
The above statement from Dr.
Hoffman was prompted by a re-
cent report issued by the Ba hson
Institute, in which DR.. Hoffman 8
statistics on murders are used and
the murders are credited TO the
influence of the movies.
Il have no connection whatSo-
ever with Alr. BabSon's statistical
Orga niZation and l consider the
conclusion drawn by him from my
statistics wholly inapphcable.
AS a matter Of fact assures
DR.. Hoffman, "homicides are
more common in sections of The
country. particularly in the South,
where the proportion of repre-
sentation of the motion picture
industry is mea sureaoly less than
in the North and West"
The Washington times., 1929-05-14
T FALLS CHURCH
To BE HOST

FALLS CHURCH. Va, May a.
The Womans Mission Union of Co
lumbia Baptist Church, in Falls
Church, is preparing to entertain the
annual meeting of the Mission
Unions of the Potomac Association
of Southern Baptist Churches, which
will be held July II and 49, The fol.
lowing committees have been ap-
pointed by Mrs. George Hauxhurst,
president of the local union. and
they will begin to function immedi-
ately:
Hospitality-Mrs. Walter II. Rem,
chairman; Mrs. j. c. Parrott Mrs.
Edgar Shreve, Mrs. II. c. Lane. Mrs.
Earl Hartman.
Luncheon on the second day-Mrs.
II. II. Rogers, chairman; Mrs. Y. b.
Snoddy. Mrs. Charles Berger, Mrs.
ID. r. LuttrelI. Mrs. Ella Bodmer,
Miss Hattie Elgin, Mrs. Isabel
Cousens.
Music-Mrs. Jack Bowen, chair
man; Mrs. Harry keyser, Mrs. Mil
ton Roberts, Mrs. w. w. Rucker.
I Ushers-Mrs. Ellen Story, Mrs.
Holmes.
Reception--Mrs. Guy Erwin, chair
man; Mrs. Joseph Crupper. and the
members of the girls auxiliary.
Decorations--Mrs. w. Il. Westcott.
Automobiles-Mr. Skinner.
These committee chairmen are all.
thorized to augment their commit,
tees il they deem wise. Mrs. J. w.
Rogers, of Round Hill, is associa-
tional superintendent and presiding
officer.
The Washington times., 1929-05-14
WINS ACADEMY
EXAMINATION

Charles Edward Weir. son of
Raymond j. Weir. colored Depart
ment of Agriculture clerk from Chi.
cago. living in the 900 block of
Euclid st. n. W., has passed the
examination for admission to the
United States Naval Academy next
June, according to the results an
nounced today.
Young Weir was an alternate to
Lawrence A. Whitfield. who is a
graduate student of Chicago Uni
versity, and refused to try for An
napolls because he intends to con-
tinue preparation for medicine. The
other principal, of the two named
by Representative Oscar dePriest,
failed to pass the examination.
Behind young Weir, who is just
passed II, is a family of hard and
efficient students; an aunt Mrs.
Justine Weir Lewis, was a teacher
in the public schools divisions 10
to 13, this city, and an uncle, Felix
Weir, Is a concert violinist of dis
tinction in New York.
other members of the family live
in Chicago, from which young
Charles and his father came here
because of his fathers appointment
under the civil service.
The United States Military Acad-
emy at West Point will have it's first
negro student in years, provided
AlOnzo S. Parham, Chicago, can
pass the physical examination. it
was disclosed at the War Depart
ment today. Parham was designated
for the Academy by Representative
Oscar DePriest. a
The Washington times., 1929-05-14
When Feature Is
Shown on Screen

PALACE-Norma shearer in
1.-The Trial of Mary Dugan." All
talker. At 11I5, 1850, 4:SO. 7:0s,
and $40 p. m.
FOX-Betty Bronson and Will
liam Collier. ir.,in Zone Stolen
Night" Talker. At 1851, 2:37.
4:43, 1852. and 9:5S p. m.
EARLE - Colleen Moore in
"Why Be Good" Synchronized.
At 1l:S5, 1887. 3:sS. 5:36 7:8S and
$40 p. m.
METROPOLITAN-"The Desert
Song" film operetta with John
Boles and Carlotta King. At
1917, 1927. 2:37. 4:47. Z. and
9;13 n. m.
COLI MBIA-Jeanne Eagels in
THE Letter" All talker. At
1o:45. 1887 2:29, 4:21. 613. sos
and IN o m.
shiraz." with an all
Hindu cast Of 10000. At 1.3o.
$50, $50, $50 and $50 D. m.
The Washington times., 1929-05-14
THE THIEF IS
NATIONALS
FINEST
BY ANDREW r. KELLEY

Three seasons ago, Alice Brady
despairing in a vain quest for a
new play dipped into the cedar
chest filled with dramatic sue
cesses of another day and chose
Henri Bernstein's THE Thief,
for a revival. 1t enjoyed a pros.
porous run.
1t Is to be assumed that Miss
Brady was fascinated by the ex-
traVagant opportunity 1t provides
an emotional actress for a com
plete unveiling Of her artistic
talents, Back OF its happy choice
by the National Players may be
discerned the desire to give Edith
King. new leading woman a sini.
lar chance to display her profes-
siOnal wares.
THE Thief can be pigeon-holed
In the cabinet reserved for the
worthiest productions Of capable
company. Not even the meticu-
lous Belasco could have given it
richer and more appropriate set
tlngs and the task OF casting
found players in the roster happily
suited for its polite characters.
Some twenty years ago hyrle
Bellew starred in the play and so
neatly is its dramatic construction
the story today unfolds smoothly
and with but slight traces of q
creaking technique. The theme
concerns the mysterious loss Of
money in the household of Ray.
mond Lagardes. Somebody is steal.
ing. Mons. Lagardes retains the
services of Mons. Zambault, skilled
detective. who fastens the thefts
upon Lagardes' son, Fernand. But
why should Fernand, enjoying the
complete confidence of his father,
steal his money? Evidently there
is woman in the background
supplying the motive for his dis
honor. There is, and how she be-
comes involved and eventually
confesses supplies interesting dia-
lOgue and action for three grip
ping acts. The forgiving finale is
a hurried solution of a tangled
The Washington times., 1929-05-14
He Embraces Star as
Part of Introductory

I'm pleased to meet you," said
he-and kissed her,
Which is almost, if not quite,
an exact description of the first
meeting of Colleen Moore and Neil
Hamilton. introduced on the first
day of camera-work on Why Be
Good?' which is now at the Earle
Theater.
Hamilton had never been pre-
sented to Miss Moore until the
first day he appeared on the set
at the First National for his lead
ing role in her support. AS the
first scene filNed called foc an
embrace. it wasn't five minutes
after Director William Better had
made them acquainted before Neil
had given Colleen an emphatic
l.
The Washington times., 1929-05-14
Keeps Working

john MILAN, who PLAYS one Of
the important roles in the Warner
Bros. Nitaphone Operetta. "The
Desert Song" at the Metropoli-
tan Theater, has to date appeared
in more talking pictures than any
other artist. and is constantly
adding to his total, as a member
of the Warner Bros. stock COM
pany. So far he has appeared in
three Nitaphone short productions
and eight features. In addition,
he has acted as announcer in
four talking traiIers. and has
spoken the main titles in two all
talking nirtures.
The Washington times., 1929-05-14
A New Thrill

Joseph Hart. general superin-
tendent of Glen Echo Park, be.
lieVes in giving patrons their
moneys worth. and then some,
1t was generally believed that
the Coaster Dip was the last word
in thrills. but Mr.. Hart decided
that it could be made even more
so and proceeded with great
engineering skill to add one more
sweeping dip which is one
of the reasons why this amuse-
ment got off to a running start
opening day.
The Washington times., 1929-05-14
Hyattsville School
To Close on June Ia

HYATTSVILLE, May 1.-THE Hy-
attsville elementary school will hold
it's closing exercises June IA. At
that time 7S pupils will be awarded
certificates for having completed
the seventh grade course.
County Health Officer William S.
Keister, assisted by. Miss Ruth
Tighe, county public health nurse.
is making physical examinations of
the Hyattsvile pupils. There will
he a clinic Thursday afternoon at
2 o'clock at the Olive Street school
The Washington times., 1929-05-14
Sequel to Shiraz Is
Planned bV Director

Franz Osten, the director OF
"Shiraz." now playing a return
engagement at the Little, is work
ing on the completion of a new
Hindu picture in India, according
to reports Of the Filmourier, the
German film trade paper.
He employs the same cast as
in "Shiraz. The picture deals with
an old Indian legend and is super
vised by Himansu Raj. producer
of Light of Asia" and star Of
"ShiraZ."
The Washington times., 1929-05-14
1t Happened.

Perhaps you have heard that in
Hollywood parties are pOpularly
accepted as a Soviet proposition.
Invited or otherwise, sundry folk
will arrive.
They're telling one about Joseph
Cawthorn, erstwhile musi-ComedY
star, now settled in the colony
and making a sinetalkY Wien.
nese Melody" with Betty Comp
son. Mr.. Cawthorn. so ii goes,
asked a small group of people TO
his home one evening. A large
group put in an appearance. So
large that Mr.. CawthOrn didn't
know them all. The ignorance
turned out to be mutual. Mr..
Cawthorn sang song or two.
He was so good that one man
present turned to his neighbor, re-
marking:
That guy is swell, who is
he?"
"who?" smiling why that's
your host-Mr. Cawthorn:'
The evening that Constance
Talmadge married T. Netcher,
William Collier. Jr. Buster sent
her the following wire: After to-
night. consider our engagement
broken. Buster There was
time. during the year Connie and
Buster trailed together. that
trip TO the altar was frequently
rumored.
ScreenalitieS
Pauline Starke arriving home
from an airplane skim across the
country. And jolly glad to stay
on terra firma for biz. Pauline
starts work today with Erich Won
Stroheim in The Great Gabbo.'
direction Jimmy CruZe Re-
ports from the front: Greta Carlo
does rot appear to be crievlng
over Jack Gilbert's marriage to
Ina Claire. AS a matter of fact,
she has been Gayer and more
light hearted than of wore. Pes
smists and Optimists can fight
over the answer Joan
Crawford spent the day on Doug
Fairbanks. jr.'s. set. Fast Life.
at First National. Twas the first
time Joan has done so. The
scenes for that day where whoopee
love ones 'twixt Doug and Loretta
Young Louise F'aZenda
plans to vacation to Alaska in
June. Yeah, there's a touch of
dryness in that land. too
and-thats all.