davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-24

vey. but a recent announcement by
Attorney General Mitchell that the
Wheeling & Lake Erie transaction,
by which the Allegheny Corporation ac-
quired control of that system. was be-
ing investigated by the commission. in
dicates that the situation is to be seri-
ously taken up.
Last month the United States i'm
ported 5,423, 1874 pounds of cheese, and
but $1,000 pounds of butter. In spite
Of the fame Switzerland has attained
in the cheese market, it was far from
being the largest purveyor of that COM
modify for Americans. Italy, which fur
nished 2,151 Sill pounds of cheese in the
month, was the biggest national source,
and the Swiss provision was barely half
that total. France, Canada, Denmark.
Holland and Greece are also large ex-
porters of cheese to the United States
Butter may not bulk so largely in
the import list as cheese. but 1t travels
much farther. New Zealand Is away
ahead of all other countries in pro-
viding the inseparable mate of bread
for American tables, and in the last
monthly customs statement furnished
1856 pounds out of the 167,00O-pound
total that came in from all the world.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-24
CONVERTIBLE BOND
: PRICES IMPROVED
U. S. Issues Also Advance on
= Refusal of Board to Raise
Discount Rate.
BY CHARLES F. sPEARE.

Special Dispatch to The Star.
NEW YORK, May 24.-Convertible
bonds, which had been declining steadily
and were slow to follow the midweek
rally in stocks, improved their posi-
ton today on moderate transactions.
There was also a further advance in
United States Government issues. but
a heavy tone to the market for high
grade corporation securities.
International Telephone AIS rallied
over 2 points, the first substantial gain
this week. American Telephone 4l2s
also gained, but only fractionally.
Atchison convertible AVS were up nearly
8 points, and Southern Pacific 4l2s sold
q point above their recent low, while
the Allegheny Corporation SIS and
American 1. @. Chemical 5i2s appeared
to have settled around par.
Additional declines occurred in the
legal rails, with Baltimore e. Ohio first
Is off nearly a point and close to the
low of the year. Southern Pacific col
lateral As we're IL points under their
price of a week ago. Little improve
ment took place in the new legal "
per cent rails and public utilities in the
listed market, while some of the unlisted
members Of this group, such as Ala
bama Power 4ias, were quoted under
previous prices.
The refusal of the Federal Reserve
Board to grant the application for
higher rediscount rate improved the
market position of United States Gov
eminent bonds and certificates. The
Treasury As advanced about "a. The
statement of the Federal Reserve banks
this week shows they have reduced their
holdings of certificates of Indebtedness
to $11 ,o62, 900, from $14,316,000 a week
ago. with the New York banks port
folio of Government securities only
$40, $4,000.
Dealers report very good buying of
high-grade foreign bonds for the ac-
count of European banks. These have
been taken in blocks of $4,000 and
$780, 900 recently and have helped to
support a market that was in need of
assistance. italian municipals showed
a slight rally from the declines of l to
2 points they have had this week.
Bonds like Warsaw rs and Budapest IS
were in supply They show the original
buyers heavy losses. The critical situa-
ton in Paris has the effect of restrict
ing operations in the foreign depart
ment, where the present disposition is
to sell rather than to buy.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-24

Farm relief and tariff revision: When
the special session of Congress was
called these two subjects were to be
given first consideration. Both of them
have had wide discussion in the papers.
Farm relief, however, has first place.
This legislation will be worked out be-
fore the tariff revision comes, although
one is very closely tied to the other.
Copyright. 1929. by North American News
paper AllianceD
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-24
CHICAGO DAIRY MARKET.

CHICAGO, May "a CP.-Butter-
Lower; receipts, 16,493 tubs: creamery
extras, 41%l standards. AIN; extra
firsts, 4034a41A; firsts. 39i2a4o4; Sec
onds, 38a39. Eggs-Lower; receipts,
36,332 cases; extra firsts. 30l2a31; f1rsts,
30; ordinary f1rsts. 2sa2912; storage
packed firsts, 31a4; storage packed
extras, 1914.
Poultry-Alive, firm; receipts, / car;
fowls, 30a34; broilers, 36a44; ROSTERS,
81; Turkeys, 22a30 ducks, 23a25;
Spring ducks, 80; geese, Is.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-24
Insurance Rate Fight Ends.

FRANKFORT. KY. May "a (P.-A
three-year fight between the State and
insurance companies over q 1917 per
cent insurance rate increase was ended
today as result of compromise
reached late yesterday after a confer
and State oficials.
BY the agreement fire insurance policy
holders will receive a refund of ap-
proximately $75o,ooo.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-24
PARIS B0URSE PRICES,

PARIS. May "a (A0.-Prices improved
on the Bourse today. Three per cent
rentes, "A francs so confines; per cent
loan, 101 francs 80 centimes. Exchange
on London, 1874 francs IL centimes,
The dollar was quoted at IS francs
SO centimes.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-24
Washington Stock Exchange

BALES.
City & Suburban SSH 900 at elIs,
$4,000 at 9ll2.
Potomac Electric Cons. 5s-$3,oO0 at
102, $4,000 at 102.
Washington Gas 6s "B"-$1 900 at
1o4, $4,000 at 1O4, $4,000 at lo4, 81, 900
at 104.
Capital Traction co.. at e51h, 20 at
s5A, 10 at 9514, 5 at 9514, 10 at 951a,
10 at 95, 10 at 94T.
Norfolk & Washington Steamboat Co.,
20 at 300.
Potomac Electric so pfd>-1 at 113.
Mergenthaler Ltnotype-10 at 1o63s, S
at 1865, 10 at 1868, 20 at 1861, IS
at 1861.
Real Estate Mtge. & Guar. pfd-4oo at
ia.
AFTER CALL.
Potomac Electric 5h% pfd.-S at 1O6.
Washington Gas IS 1850 at l02IL,
81 900 at 1929.
Potomac Electric 5Aeo pfd.-1o at
1854.
Capital Traction 5s-sl, 900 at s7h.
Capital Traction CO. at 95.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-24
Money to Loan

Prevailing interest and commission.
Joseph |. Weller 80 Soy wash sts; l. !: Trust Z.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-19
CURB PRICES GAIN
At SHORT SESSION
Specially Favorites Again
Score High Records for
Year-UtiIities Rise.
BY WILLIAM F. HEFFERNAN.

Special Dispatch to The Star.
NEW YORK, January 19.-The week
on the Curb Exchange ended with the
! upward movement still predominant.
New high records for the year were
marked up in number of speciality IA
vorites.
Standard of Indiana, which has been
the spectacular feature Of the Oil group
this week, lost its place of prominence
and International Petroleum was
brought to the front. Standard of In
block of 1000 shares, while the latter
issue was carried to a new high for
the year at SO, as compared with Fri
days final of 607s.
Electric Bond 81 Share Securities
and United Gas featured the utility
group, the latter making a new high.
American Super Power issues, which are
to figure prominently in the proposed
new Eastern utility combine, lost good
deal of their buoyancy, but prices were
fairly we'll maintained.
Among specialties Taggart Corpora
ton common was strong, advancing to
a new high, up some points. DECLARE
ton of al initial dividend on the pre-
ferred late last year was thought to
have paved the way for early Inaugural
ton of common dividends. National
Rubber Machinery, Goldman, Sachs
Trading, General Bronze, Nichols g.
Shepard and Checker Cab Manufacture
ing were all at new high prices for the
year.
The market for Marconi International
appeared to be bare of offerings around
previously prevailing prices and the
stock was carried to new high above
27l5, as against yesterdays close OF
2512.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-19
CONVERTIBLE BOND
ISSUES ARE HIGHER
Market Tone Is Firm in Light
Trading-Anaconda Is
Gain.
BY CHARLES T. SPEARE.

Special Dispatch to The Star.
NEW YORK, January 19.-While
trading in bonds was in relatively small
volume today, the undertone was firm
and the trend slightly upward.
Convertible issues, as they always do
moved with their respective stocks. The
feature was the buying Of the new In
ternational Telephone & Telegraph
41as selling on a when issued basis.
They moved up over a point in the
early dealings. with large turnover.
Anaconda rs started in today at 1877,
up points, responding to the rally in
the stock. In the foreign list Pirelli
Co. of Italy convertible rs were in ac-
tive demand, gaining 3 points. This
issue is convertible into the corpora
tons series "A" stock at $40 per share.
Interest was also taken in Fiat rs
without warrants. which sold again
above par. There have been uncon-
f1rmed rumorS from time to time that
these bonds would be called for re-
demption.
Good buying was seen also in certain
Of the more speculative domestic rails.
The leader was st. Paul adjustments,
selling around the best since they were
issued 1t is expected full interest will
be paid on these bonds this year. Sec
end grade rails such as Western Mary
land is and the Chicago Great West
crn Is we're moderately higher. So we're
the Iowa Central SIS, in which there has
been active speculation of late.
Probably the market has been helped
this week by the comparatively small
amount of new bond financing. The
total was S33,449,oo0, which is much
above that of last week, when it was
only $l3,652, 900, but is far below the
corresponding week of 1923. when a
total of $40, 457 900 of new bonds were
f1oated.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-19
VIRGINIA BANKERS
CONFERENCE OPENS
Alexandria City Manager Wei
comes Members Of
Group Three.
Special Dispatch to The Star.


ALEXANDRIA, Va, January 49,
The twentieth annual meeting Of group
3 of the Virginia Bankers Association
opened here this morning with an adj
dress of welcome delivered by City
Manager Paul Morton following invoca-
ton by the Rev. DR.. E. v. REGISTER,
presiding elder of Alexandria district,
Baltimore Conference, M. E. Church
South.
The response to the address of well
come was made by G. Russell Caldwell
of Stanton. The reports of the preSi-
dent, J. T. L. Jones Of Berryville, Va,
and P. w. Anderson of Marshall, Va,
secretary and treasurer. were made at
the morning session. S. w. Keyes OF
Glade Springs made a talk on City
and County Organizations" and d. w
Durrett Of Richmond talked on Bank
Costs" An address was also made by
William H. Baden Of the Washington
Loan e. Trust Co. Of Washington, D
c., on Life Insurance Trusts"
A banquet was to be held In the
George Mason Hotel. where the meet
ing is in progress, at 1890 pm. today
and it was expected that $50 persons
would attend. Rev. DR.. w. S. Ham
mond, pastor of the M. E. Church
South, was TO make the principal adj
dress, with j. T. L. Jones presiding
Invocation was to be offered by Rev
Ernest M. Delaney. pastor Of the Sec
ond Presbyterian Church.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-19
Baltimore Markets
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE, Md. January 49,
Potatoes, white, 100 pounds, LOCAL IS;
sweet potatoes, barrel, 1.50a3.25; yanlS,
barrel, 2.O0a350; bushel, 1.00a1.75;
beets, 100, 400a6.00; beans, bushel, 400
a700; Brussels sprouts, quart, 15a25;
cabbage, hamper, 2.00a2.50; carrots, 100.
4.0Oa6O0.
Celery, crate, 1.5oa3.oo; caulihower,
800; kale, barrel, 140a1.65; lettuce,
hamper, LOCAL rs; onions, 100 pounds,
/ 5Oa5 90; oysterplants, 100, 6.ooa10 90.
Parsnips, basket, 60a70; peas, crate,
5.75a6.00; peppers, crate. 4.ooa6.0O;
spinach, buShel, 60a1.00; tomatoes,
crate, 75a275; turnips, basket 40a50;
Savoy cabbage, bushel, 1.00a1.25.
Apples. bushel, 75a200; cranberries.
half barrel, 900a1O.00; grapefruit, box,
2.00a400; tangerineS, per half strap,
1.50a3 90; oranges, box, 2.50a4.00; straw
berries, quart, 6212a70.
Dairy Market.
Poultry, alive-Young turkeys pound
35a40; old, 25a30; Spring chickens, ga
SO; small and poor, 20: old hens, 20a30
Leghorns, 20a28: capons, 33a33; old roost-
ers. 17a18; ducks, 20a30; geese, 18a26;
Guinea fowls, each, 40a80; pigeons,
pair, 80.
Poultry, dressed-Turkeys young
pound, 32a38; old, 25a30; chickens,
young, 30a35; old and mixed, 25a30;
capons, 34a42; old ROSTERS, 18a20;
ducks, 25a30; geese, 20a26: eggs, re-
ceipts, 904 cases; native and nearby
firsts, free cases, SO; current receipts,
30a35.
Butter-Good to fancy creamery
pound, 45a4Sla; prints, 48,3a5o12;
ladies, 34a36; store packed, 20; process
butter, 41a42.
Hay and Grain Prices.
Wheat-No red Winter, garlicky,
spot, 1888; January delivery, 1884,.
Corn-No. export, January delivery,
1884 No. 2 yellow, Ito; cob corn. 500
| a5.25.
Oats-No. 2 white, domestic, spot,
60a6l: No. white, domestic, spot, 53a59.
Rye-Nearby, 1.10a1 20.
Hay-Receipts, IL tons. While hay is
arriving here in limited quantities only,
| 1t is more than ample for the demand
which is being supplied mostly by truck
from nearby points, few carloads being
| received. There Is not enough bust
ness passing to establish prices on the
| various kinds on merit at range OF
| 16.00a1850 per ton Of timothy or clover
hay.
| Straw-No. / wheat. 11.00a12.00 per
ton; No. oat, 12.0oals.o0 per ton.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-19
CHICAGO STOCK MARKET.

CHICAGO, January 19.-Following is
report of today's sales, high, low and
closing quotations, on the Chicago
Stock Exchange.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-19
Bid and Asked Prices.
BONDS.
PUBLIC UTILITY,
MISCELLANEOUS.

Barber Ross. Inc. 6ias... "a 94la
Cham-Vanblt Hotel 6ias... 81 49,.
Chestnut Farms Dairy 6Ias ... 1861
Chevy Chase Club 5las......... l03 1885,
D. c. Paper Mfg 6s.. ..... "a 81
Pot. Joint Stock Id. Bank SIS. 96 -.
w. NJ. Cold Storage 5s.... 90 80.
Wash. Cons Title Co. 6s, 100 102
Wardman Park Hotel 5lss..... l04ss los
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-19
INVESTMENT TRUSTS
Special Dispatch to The Star.
NEW YORK, January 49,
HOLDING AND FINANCE COMPANIEs

Amer Founders Corp xd xrts.. S3la IS
Amer FOUNDERS Cp l40ths..... .55 so
Amer F1nv Corp rtS. ......... IA 3
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-19
COTTON CLOSES STEADY.

NEW YORK, January 10 (Pl.-The
cotton market opened steady today
at an advance of points to de-
cline of points. Active months sold
a point or two below yesterdays clos
ing quotations in the early trading.
There appeared to be some Southern
selling and week end realizing, but it
was absorbed by covering and trade
and commission house buying on the
relatively steady cables.
Futures closed steady, 2 points higher
to lower; January, 20.16; March
20.22-23; May, 20.23-25; July, 198S-89;
October, 1882. Spot quiet; middling,
2040
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-19
WHEAT PRICES DROP.

CHICAGO, January 10 (SpeciaD.-
After moving to new highs on the pres
ent movement during the first two hours
Of trade today, wheat weakened as
result of heavy realizing sales. The
close was Is to u lower, and for the
week 17s to 23s higher. March, 1915
to y; May, 1.24A to Is; July, 1.2s12
to IS.
Corn closed IL to ~ lower and for
the week Ia to 2l2 higher. March,
SO to "a; May, 1.0o3s to q; July, 1.o2la
to 20.
Oats broke with corn. Provisions
were quiet.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-19
FELnsPAR FIRMS MERGE.

TRENTON, N. j., January 10 (P1.-
Announcement was made here yesterday
by Herbert p. Margerum, president OF
the Goldings Sons Co. of this city, OF
a s6,000,0 900 merger of five Of the largest
feldspar companies in the United States.
BY the consolidation Mr. Margerum will
assume control of IL feldspar plants In
nine States. The new company, which
is incorporated in Maryland, will be
known as the Consolidated Feldspar Co.
It was announced also that the new
concern will have by the merger mines
in Maine, Connecticut, Delaware, Mary
land, North Carolina. Georgia, South
Dakota, California and in Canada.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-19
Markets at a Glance

NEW YORK, January 10 CP.-
Stocks firm; United States Steel again
touches new record high for all time.
Bonds quiet; International Telephone
convertible AIS at new peak. Foreign
exchanges easy; japanese yen up 10
points. Cotton quiet and steady. Sugar
easy; hedge selling. Coffee higher;
firm spot situation.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-19
Unlisted Department.
Bank Officers Elected.

MOUNT AIRY, Md, January 10
(SpeciaD Officers of the Commercial
State Bank here were elected Thurs
day as follows: ]. Windsor Williams,
president: Edgar H. Mcbride, chair
man of the board of directors; Herman
H. Young, vice president. and Harry
L. Bushey. secretary D. Edgar Smith
NJ. l.. Nusbaum. Nathan @. Dorsey and
the officers compose the board OF
directors. -------..-A. 49, ----.4
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-19
Washington Stock Exchange
SAFES

Potomac Electric So pfd.-5 at 111%, 4
at 1l134.
Potomac Electric 5l2oo pfd.-10 at
l081s. at l08, at 10S. 10 at 1903.
Riggs National Banks at 578Ia, S at
$751;, at $751;, at 578l2. at $50.
District National Sec. Co. pfd.-7 at
10l4.
Federal-American Co. COMIC at 55hs.
Federal-American Co. pfd.-10 at 102.
Mergenthaler Linotype-20 at 104l4, 10
at 104l4, 10 at 1043s.
AFTER CALL.
Mergenthaler Linotype-10 at 1o4ls, S
at 1041s.
Potomac Electric go pfd.-10 at 112, S
at 112. at liz.
Capital Traction-2 at l0634
Washington Rwy. g. Electric 4s-$1 900
at 6934.
UNLISTED DEPT.
Commercial Club 1st $500 at 80.
Park Savings Bank-20 at rs, 10 at rs.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-19
BOSTON STOCK MARKET.
ecial Dispatch to The Star.

Special Dispatch TO The Star.
BOSTON, January 19.--Following is
a list of today's highest, lowest and
closing prices for the most active stocks
dealt in here.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-19
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star Once

Following is list of stocks and bonds
traded in on the New York Curb Market
today:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-19
Bankruptcy Schedules.

BALTIMORE. January 10 Especially.
The Chevy Chase Laundry Co., Inc,
of Bethesda. Md, has filed schedules in
United States District Court showing
31,14509 assets and $30,039.92 liabili-
voluntary bankrupt on December 20 last
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-23
Emergency of Situation Rec
ognized by Leaders After
Plea by Commission.
FORM OF LEGISLATION
COMES UP TOMORROW
Joint Body, Headed by Senator
Bingham, Will Hold Meet
ing on Plans.

Responding to an urgent plea from
the Joint Congressional Airport Com
mission, House leaders have agreed to
give consideration at this session to
legislation now being drafted to make
a start on the establishment of ADEQUATE
air terminal facilities for the National
Capital.
Accordingly. the commission, headed
by Senator Bingham, Republican. of
Connecticut, will meet tomorrow morn
ing to decide what form of legislation
its will recommend. The commission
met several days ago for the purpose of
drafting measure, but decided It would
be better to find out first whether there
was any chance of having the question
taken up at this special session.
Recognition of Emergency.
The action of those In charge of
the House program in offering to con-
slider any airport proposal Is q recog-
milton of the view taken by the COM
mission that Washington's need for
municipal airport has become an
emergency matter, because of the prog
ress other cities are making In this
direction and the realization that it is
important from national standpoint
that the seat Of government should
at least keep pace with the rest of tn.
country in meeting air transportation
requirements.
Having the cooperation Of the Housc
leaders in obtaining q hearing for an
airport bill at this session, the tasi
now confronting the commission is IT,
endeavor to bring out plan on which
action can be obtained without con-
troversy. Those handling the question,
pointed out that it will be necessary for
all those interested in the question tc
cooperate If a measure is to be en-
acted at this special session.
Members OF the commission are re-
framing from discussing the nature oi
the recommendations they probably will
make regarding the detail until aftel
the meeting tomorrow morning.
Gratified by Resulta
They showed plainly today their
grat1f1cation over the willingness of the
OF the subject. 1t was pointed out to-
day that If some legislative authorize
ton cannot be obtained at this session
1t would mean q delay of virtually g
year in making start on the planning
OF the airport, since it probably would
be next Spring before a bill could be
steered through the regular session be-
ginning in December. The belief oil
members of the commission that the
local airport situation constituted an
emergency matter prompted them to
seek consideration as early as possible
Cooperation by House.
1t is understood the commission mem
bers conferred with Speaker Lonsworth
and Chairman Smell Of the House rules
committee.
In the Senate, all committees are or
gan1zed as usual and bills may be re-
ported and placed on the calendar as
in an ordinary session, the Senate it
self deciding whether it will act on bills
thus reported. In the House only GER
tain committees have been organized
because of the desire to confine the ses.
sion to the special program. The chance,
therefore, of having the airport situa-
ton considered hinged on obtaining the
cooperation Of the House leaders.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-23
YOUTHFUL STARS
FACE JAPANESE
Hennessey Matched With Abe
and Van Ryn Meets 0hta
in Davis Cup Play.

Before a gathering Of 2,00o that in
cluded the First Lady of the Land and
in the main composed Of Washington
society folk. America and Japan clashed
at Chevy Chase this afternoon In the
first two singles tilts of a semi-final
round match of American zone Davis
Cup play.
John Hennessey, for Uncle Sam, op-
posed Tamio Abe in the opening skir-
mish, with a battle between the Jap
anese captain, Yoshiro Ohta, and John
Van Ryn to follow.
One of the most interested spectators
was the japanese Ambassador, MIR. Kat
suji Debuchi, who appeared doomed to
see his countrymen defeated. The YAM
KEGS were overwhelming favorites, not
only to win today, but tomorrow when a
victory in the doubles would clinch for
them the match and the right to meet
Cuba in the final, to be played at De-
troit May 80.
Weather Conditions Ideal.
A bright sun. tempered by cool
ing breeze, made weather conditions
ideal and the court evoked the admi-
ration of the players by its near per-
fection.
The two stands of circus seats, one
on the west and the other on the east
side. and the boxes fronting each were
we'll filled. Behind the west structure
rose press stand so feet long which ac-
commodated a capacity lineup of
camera men and reporters. These in
cluded several newspaper men from
Japan.
Sandwiches and other refreshments
were served at booths presided over by
members of the Junior League. Specia
arrangements were made for traffic, with
the entrance to the courts through
Bradley lane at its intersection witt
Connecticut avenue. These condition,
will prevail throughout the series, which
will end with two singles matches Sat.
urday, though they may not be needed
to determine the winner.