davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-13
STOCK PRICES DROP
IN PROFIT SELLING
UneasineSs Over Credit Sit.
uation Causes Down
turn in Market.
BY the Associated Press.


NEW YORK. January 12.-Heavy
week end profit taking. accentuated by
liquidation inspired by revival of un-
easinesS over the credit situation
turned the course of prices reaction
market Several pool operations start
ed yesterday failed to follow through
today with the result that stocks
bought by traders for a quick turn
were dumped overheard. Losses of /
to Z points were scattered over a wide
list Of issues, with only a few Spe-
Cialties showing independent strength
There was little in the days business
news TO influence the price movement
Steel scrap prices were advanced at
Cincinnati and it was announced that
a stock splitup of Bordens was in con-
temptation. The Atchison, Topeka and
Santa Fe Railroad made public large
Sfder Tor equipment.
Most of the week end commission
house adviceS urged extreme caution in
the making of new commitments be-
cause of the uncertainties of the course
Of money rates. Several of the large
banks were reported to have marked
down the loaning value of speculative
securities, causing liquidation of weak
ly margined accounts.
Radio advanced 2 points and then
broke 9 points from the high to 1856.
Dupont dropped z points and Wright
Aero, Burroughs Adding Machine,
Allied Chemical, Greene Cananea Cop
per and Johns Manville sold or more
points below last nights final quota
tionS.
Kansas City Southern moved up to
a new high at 987s and then broke
to SO, or points under yesterdays
close. Otis Elevator, Pere Marquette
and American Metals moved into new
high ground on gains of 5, ga and
u points, respectively A brisk de-
mand for American Sugar Refining
carried that stock up points to SO.
United States Steel common, which
looked yesterday as though it was head
ed for new high ground. fell back near
ly points. The closing was heavy.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-13
SUNDAY STAR WASHINGTON

section Is disclosed by last years total
Of 1853 commercial failures, with liza
bilities Of $57,022,58 Those results
contrast with 2,545 defaults in 1927,
involving $67,836,857. Six of the nine
States included in this group reported
fewer insolvencies, these being Mary
land, District of Columbia, Virginia,
North Carolina, South Carolina and
Florida. The reduction In the latter
State was especially marked, while the
largest increases were "a in each case in
West Virginia and Georgia. A majority
of the States also had a smaller indebt-
Delaware, Virginia, North Carolina and
Georgia. The contraction in Maryland,
Delaware and North Carolina was par
ticularlY marked.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-13

President Schiavone is one OF the well
known figures in financial circles here
and in Baltimore. His experience, COW
ering many years of financial dealings,
especially with Italians, convinced MIN
that there are many channels through
which financial assistance could be
rendered to advantage which could not
be utilized under strict banking laws.
He is also thoroughly conversant with
the problems confronting citizens of
italian descent, and has devoted much
of his time to their solution. The for
nation of the new finance company Is
the outgrowth of his study of what he
considers the needs of the community.
The company will maintain two prin-
cipal Offices one at ATS H street north
west, this city, and one at Bill East
Baltimore street, Baltimore, where Mr..
Schiavone opened an office three
months ago. While the general pub
lie is at all times invited to avail itself
of the functions of the new corporation.
it's utility will be energetically stressed
to the Italian-American clientele in the
two cities, it was explained.
Aim of New Corporation.
1.-THE need for such an organization is
extremely vital in this quarter" Mr..
Schiavone said, las many naturalized
italians are in need of financial aid in
building their homes or in repairing or
improving their homes and places of
business. Furthermore, some are not
quick to grasp the meaning Of our
technical terms, and many foreclosures
result simply through lack of under
standing. Many Italian Americans en-
gagged in business for themselves are In
need Of small loans for the purpose OF
starting, conducting or expanding their
commercial enterprises. With the
Citizens Mortgage Corporation they will
find sympathetic ear and can do busi-
ness with officers who speak their Ian
guage and understand their problems"
Mr.. Schavone became prominent here
in 1921 when he founded and became
president of the International Exchange
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-13

in 1873 and became its first president.
When it was merged into the Con-
solidated Gas Co. of New York he be-
came member of the board of
trustees of the new firm.
President Garfield was taken to Mr..
Francklyn's Elberon home in the belief
that the seaside air might aid in saw
ing his life.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-13
PIONEER GAS MAGNATE
EXPIRES IN NEW YORK
BY the Associated Press.

BY the Associated Press,
NEW YORK, January 12.-Charles
Gilbert Francklyn, IS, Pioneer Gas
Industry executive and steamship
operator, in whose home at Elberon.
n. j., President Garfield died after
being wounded by an assassin, died
here yesterday.
Mr.. Francklyn was born in Newcastle,
England, a grandson of Samuel Cunard
Of the Cunard Steamship Line. He
came to America in 1859 as a clerk in
the Cunard Line Offices at Halifax.
Nova Scotia, and in 1865 was sent to
New York as agent for the line.
He organized the Municipal Gas Co.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-13
SCIENTISTS TO TEACH
NEW YORK DETECTIVES
Glasses in Most Modern Methods Of
Apprehending Criminals
Planned by Whalen.
BY the Associated Press.

By the Associated Press.
NEW YORK. January 12.-Police
Commissioner Whalen plans to enlist
scientists to teach his detectives how
to prevent crime.
Leading psychiatrists, criminologists
and psychologists are to be called upon.
the commissioner said, to conduct a
research laboratory in an anti-crime
bureau to be established at City College.
While the scientists are instructing
detectives and candidates for the de-
tective FORCE in the causes and methods
Of preventing crime, leading sleuths of
the world will conduct classes in the
most modern methods of apprehending
criminals.
The commissioner said he had in
vited some Of the prominent scientists
Of the city to be instructors. They are
to donate their services as a contribu-
ton to civic betterment.
The Anti-Crime Bureau will study
the cases Of first offenders and also
investigate the influence Of all1night
poolrooms and other gathering places
upon the crime situation.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-13

UcCOLIlC PACoAOCAlt
of the Citizens
Mortgage Corpora
ton, a $3.50, 900 f.
n a ce company,
recently organized
under the laws OF
Delaware, to deal
in real estate trusts
and other Securi-
ties. S ev e r a
prominent italian
business men will
be represented on
the board, among
them DR.. Salvatore
Floria and John
Vaccaro, who were
both active in the
orga n ization OF
tho local honk
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-13
.SCH|AVONE HEADS
FINANCE COMPANY
Former Bank President Takes
Up New Duties-Institute
Banquet Committee.
BY EDWARD C. STONE.

Joseph Schiavone's hat is back in the
local ring. The founder and former
president of the International Exchange
Bank announced last night that he had
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-13

New York City Board Of Education
will again participate In the Parents
Exposition February Bismarck 2.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-13

$245 Three.Piece Mohair Suite, S169
Generously proporioned suite of the ovestued type Well
tailored with genuine moha covering all and reversible
springfield cushions Deep and comfortable seats.
$279 Three.Piece Mohair Suite, $195
Unusually attractive, with handsomely carved hardwood
Frame The outsides with seone velour the
cushions with artistic moquee Extremely comfortable
$325 Three.Piece Mohair Suite, $239
OF charming design The exposed frame of solid mahog
any Genuine mohair covering with cushions reversible in eze
Beautifully carved and a most amazing value.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-13
Business Mortality Lower.

Business Mortality Lower.
In summing up the business failures
in the South Atlantic section of the
United States last year, Dun's Review
says:
A distinct improvement in the busi-
ness mortality in the South Atlantic
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-13

$229 Two.Piece Mohair Suite, $139
Exposed frame type Nicely designed and covered all
with genuine ohar Reverse side of cushions in attractive fig
ured materials. Two styles.
S249 Three.Piece Mohair Suite, $189
The exposed parts of frame richly carved finish
throughout is of exceptional character.
S299 Three.Piece Mohair Suite, $219
Suite of design The special spring construction
reversible cushions added features Covered genuine
mohar combined with seone velour outside Two styles.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1929-12-26

The F. Clarey Nielsen family Of
Centuria, Wis, spent Christmas day
with relatives here.
]. P. Miller and family of Pine City
are spending the holidays with friends
and relatives here.
Otto Andersen came up from Hamp-
ton, Iowa. to spend Christmas at the
Mrs. j. Justesen home.
About fifty young folks enjoyed a
community "sing" at the Jens B. Jen-
sen home Wednesday evening.
Miss Emma Frokjer came over from
Centuria, Wis, Wednesday for a
weeks visit at the home of her sister
Mrs. H. B. KilstOfte.
Peter Thomson, student at Grand
View College, Des Moines, Ia, came
here to observe Christmas with his
folks, Mr.. and Mrs. Jens Thomson.
Richard Petersen has been nursing
a case of blood poison in his right
hand and arm since Saturday and has
not been able to be on the job in the
Miller store.
Married folks of the community
enjoyed good social dance at the
assembly hall Friday evening. Good
music was furnished by the john
sen brothers-Ejnar and Ralph-on
the guitar and accordion.
Mrs. Jens Thomson and four chill
dren who were quarantined on the
goth of November for scarlet fever,
were released Christmas day. Mr..
Thomson is home from Shakopee for
two days to help clean up the house.
Besides having been scrubbed from
top to bottom it is now also being pa
pered and painted inside
A Gravesen has been elected to the
board of directors of the national
"Dansk Folkesamfund," he being
chairman of the board, and taking the
place of A. II. Jurgens of Menominee,
Mich, who has served for many years.
Other members are: j. P. Ibsen, vi
borg, S. D., secretary; N. J. Nielsen,
Chicago, treasurer; Niels Hermansen,
DannebrOg, Nebr., and the Rev. P.
Rasmussen, Wayne, Alberta, Canada.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1929-12-26

the seventh district, will give him as
large majority as was ever accord
ed candidate of the party. The peo-
pie of the state have watched Olson's
conduct as prosecutor of Hennepin
county and they are immensely pleas
ed with him and his record"
A similar report comes from Be
midi. The other day Senator Harry
A. Bridgeman dropped in for a visit
at the Farmer-Labor state office, and
he reports sentiment unusually strong
in his territory for Olson. Floyd Oh
son is cinch for governor" he said.
Incidentally it may be of interest
to know how Olson's defeat was
brought about in 1924 True, the big
gest obstacle to overcome was the It'd
al wave that put Calvin Coolidge
across for president. Both Magnus
Johnson and Floyd Olson, Farmer
Labor nominees for the United States
Senator and Governor, respectively
ran thousands of votes ahead of
Fighting Bob. But the tendency of
the voter to go straight down the line
for the ticket was too much to over
come. That was the thing which
more than anything else defeated both
Magnus and Floyd.
But there were other things that
did damage.
Graft Sheet Launched.
1t will be recalled that certain gen.
tlemen in Minneapolis with strong
propensities for graft launched a pa
per, which later became known as the
Am erican Constitution. To those
capable of discerning it was apparent
that the paper had two objects in
view-defeat Floyd Olson for COVER
nor and shake down the fiat boys"
for money. The story of the launch
ing of the paper is told in book en-
titled "A Tale of Two Cities" by H. A.
Guilford. Mr.. GuilfOrd was the first
editor of the paper and was succeeded
by A. B. Gilbert, former editor of the
Minnesota Leader and now the ham
dyman of that group of the Republi-
can party in Minnesota dominated by
Rudolph A. Lee and the Minneapolis
Journal. Mr.. Guilford says:
Floyd Olson was the Farmer-Labor
candidate for governor, running
against Christianson who was elected.
was at that time nursing a grudge
against Olson for his part in prose-
cutting me on the indictments Nash
trumped up. / was determined that
he should not reach the governors
chair if l could place a few pebbles
or boulders in his way. The fat
boys were afraid of Olson, and knew
they would spend money, and lots of
it, to defeat him.
Boys Receive Christmas Gifts.
1.-The paper was launched. Very
little advertising was published in the
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1929-12-26
A LITTLE TALK ON THRIFT
(By S. w. StrauS)

Within a few days we shall be face
to face with a new year.
Not in recent years has there been
a twelve months period in which the
need of thrift has been so apparent as
during 1929.
Literally millions of saved dollars
have been swept away through lack
of thrift.
Chasing after the will-o-the-wisp
of easy money has brought about the
financial downfall of many. Truly
this end-of-the-year period is a good
time to resolve to get ahead through
the more practical but dependable
practices of thrift.
Often during the year we have heard
the statement that old-fashioned idea
of saving money for the purpose of
getting ahead had about gone out of
style. The great book of human eX-
periences, however, does not relate
such a story. 1t was through saving
that such men as Carnegie, Wanna
maker, Hill, Armour, Marshall Field
Pullman, Rockefeller and others of
that school, who were at the heyday
of their activity and usefulness at the
beginning of the present century, laid
the foundation of their future success.
In the field of craftsmanship, the book
of experience tells us that Gladstone,
Lincoln, Washington, Franklin, Jeffer-
son and many others owed their sue
cess fundamentally to patient habits
of thrift acquired in early life.
The rewards of patient saving and
prudent investing do not always sound
as attractive as the rewards that
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1929-12-26
LEGAL NOTICE
CITATION FOR HEARING ON FINAL.
ACCOUNT AND FOR DIS
TRIBUTION
state of Minnesota, county of Pine. IS.

State of Minnesota, County of Pine. IS.
IN PROBATE COURT
In the matter of the estate of PedeT-
Petersen HOrnsyld, decedent:
The State of Minnesota to all persons
interested in the final account and dis
tributiOn of the estate of said decedent:
The representative of the above named
decedent. having filed in this court her
final account of the administration of the
estate Of said decedent, together with
her petition praying for the adjustment
and allowance of said final account and
for distribution of the residue of said
estate to the person thereunto entitled.
Therefore. YOU, and EACH OF YOU.
are hereby cited and required to show
cause, if any you have. before this
court at the Probate Court Rooms in
the court house in the Village of Pine
City in the County of Pine, State of
Minnesota, on the goth day of January.
1880, at one O'Clock p. M, why said Pc
tition should not be granted.
WITNESS, The Judge of said court
and the seal of said court. this gath
day OF December, 1929.
Court SeaD ROBERT WILCOX,
Judge of Probate
ALBERT JOHNSON
Attorney for Petitioner.
dec. 26-Jan. 81
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1929-12-26
Olson Strong i'm Country.
sometimes go to the reckless specu

sometimes go to the reckless specu-
lators. But no better proof of the
wisdom of choosing thrifty plans is
needed than the events of recent
weeks. Here and there spectacular
profits have been made but where
there has been one such case there
have been hundreds who have lost.
This writer is quite sure of the fact
that a firm resolve to stick to the
safe, sound plan of getting ahead will
bring gratifying rewards. 1t surely
is worth trying for a year. Those
who adopt such a course will, at the
end of 1880, find themselves prosperous
and happy, we are quite sure
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1929-12-26

regular issues-a Christmas number
was the blind under which money was
obtained. The fat boys could hardly
be criticised for running an advertise
ment almost two months after cleo
ton. Very few of them wanted any
space. The reference for the solicitors
were the public service corporations,
the Citizens Alliance, Bert Strong,
Senator William Brooks, Charles Fow-
Ter, and the Civic and Commerce as
ISOLATION. In addition to cash given
us outright out of the campaign boo
die, amounting to a couple of thou
sand, siXty-three hundred dollars was
paid in the form of Christmas adver-
Using. In addition to these funds.
many dollars were paid for subscrip-
tions for the paper, which was to be
sent to anyone we chose to mail it to.
| do not believe there were fifty bona
fide subscribers to the paper. If any
person signified willingness to ac-
cept it, it was mailed to him at once
he was a subscriber"
The above were the methods used
by the plunderbund to defeat Olson in
1924. The plan won't work in 1880.
That explains why the latest attempt
finds expression in an appeal to Olson
to stay where he now is. The same
efficiency that Mr.. Olson has shown
as county attorney of Hennepin coun-
ty will unquestionably be shown when
he has been elected governor That
efficiency has meant prison for graft
ing officials in Minneapolis and nat
urally it is not desired by the in
terests to have him placed in an even
more powerful position, such as COVER
nor of the state of Minnesota
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1929-12-26

Fred Steen went to Chicago last
week to spend Christmas with rela-
tives.
Miss Gudrun Kilstofte is home from
Carver to spend Christmas with her
folks.
Rev. A. E. Frost left Wednesday for
Dagmar, Mont, to conduct church
services.
Dr. Ejvind Fenger came up from
Glen Lake to spend Christmas at the
home of his mother.
Folmer Sorensen came here Tues
day evening from Milwaukee to spend
Christmas with his folks.
Miss Louis Nielsen came here from
Minneapolis Tuesday to spend Christ
mas at the ]. r. Petersen home.
Miss Selma Lundgren arrived from
Minneapolis Tuesday to spend the
Christmas vacation at her home here.
Miss Regina lessen and friend came
here from Minneapolis Tuesday to
spend Christmas at the home of her
folks.
P. P. Kilstofte came from Shakopee
Tuesday to spend Christmas with his
family. Aage Knudsen accompanied
him
Alex Paulsen came over from Cen
turia, Wis, Tuesday to spend Christ
mas with his mother at the N. S.
Petersen home,
Karl X. Johansen purchased a
Chevrolet coach from the Service
Garage, Saturday, trading in his tour
ing car on the deal.
Ewald Boyesen who has visited at
various points the past few weeks,
has returned to Askov to spend Christ
mas at the Martin Johnson home.
Henry Petersen who has been en-
ployed at Extra, Iowa, came Tuesday
to spend Christmas at the home of
his folks, Mr.. and Mrs. ]. r. Petersen.
Miss Gudrun Andersen, student at
the university, Minneapolis, came Fri
day to spend the holidays at the home
of her parents, Mr.. and Mrs. Emil An
dersen.
Reynolds Harris formerly of Brook
Park but who recently moved to near
Hinckley, was in the village Tuesday
on business. The American acknow-
lodges a pleasant call.
The Misses Edith, Dora, and Dag
mar Christensen came down from Du-
luth to spend Christmas eve at the
home of their parents, Mr.. and Mrs.
And. Christensen. They returned to
their work again on the 25th.
Mr.. and Mrs. VIM. Tabery and daugh-
ter, PhilOmene, from Fleming township
were callers in Askov Monday, Miss
Philomene to have some dental work
done. The Taberys have resided in
Fleming township half dozen years
and during that time have put in
some hard work and cleared up much
land. A son, Norbert, who is now 81,
is teaching the seventh and eighth
grades in the village school of Hos
mer. S. D., near Aberdeen. He is not
expected home for the holidays on ac-
count of the distance.
The Askov Garden club is sponsor
ing a meeting for Friday evening,
January 10 at which time County
Agent w. F. Hammargren and T. A.
Erickson, state club leader, of the
University Farm, st. Paul, will ap-
pear. In the afternoon these men
will speak to various assemblies at the
school and at s O'Clock they will have
something interesting as well as in
structive to offer the adults and par
ents of the community. Although not
known definitely, it is presumed that
both All and Garden club work will
be stressed by the speakers. Every
one is cordially invited to attend
Lunch will be served after the meet
ing.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1929-12-26
Boys Receive Christmas Gifts.

1.-The paper was launched. Very
little advertising was published in the
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1929-12-26
SENTIMENT STRONG
FOR FLOYD B. OLSON
Farmer-LabOriteS Unite on Olson for
Governor; Ray p. Chase Will En-.
ter Republican Primaries.
BY H. G. TEIGAN

Minnesota Republican politicians
and others seem to be little short of
frantic over the prospect of Floyd B.
Olson becoming governor year
hence.
For the past two months G. o. P.
newspapers have been working over
time to trot out some candidate for
governor who would stand a chance
of defeating Olson. The next result
of this effort is that Ray P. Chase,
state auditor, appears now to have the
nomination practically cinched
Now Chase is not considered a
strong candidate Within the Repub-
lican party, however, he had the edge
for the nomination. Thus the poll
ticians are finding it necessary to re-
sort to other means of preventing the
election of Floyd Olson than that of
side-tracking Chase,
To be sure the attempt to get a
stronger candidate than Chase has
not been entirely abandoned, but with
Chief Justice Samuel B. Wilson an
nouncing that he would be candidate
for reelection to the supreme court,
it is obvious that the prospects of find
ing new white hope" is about over.
There isn't any chance of defeating
Olson for the Farmer-Labor nominal
ton, but influence is being brought
to bear upon those close to the Henne-
pin county prosecutor to prevent him
filing for the governorship. This is
the latest move. Members of Olson's
staff are constantly being approached
and suggestions are thrown out to
them that Floyd had better stay where
he is, for he has sure thing there.
This is a rather clever move for it is
barely possible that the member of
Olson's staff being interviewed may
have a personal interest in seeing his
chief reelected.
At the same time these tactics are
the best proof in the world that Floyd
Olson has all but cinch being elect
ed governor of Minnesota next Novem-
Der.
Olson Strong i'm Country.
Floyd Olson is exceedingly strong
in our part of the state" said DR.. B.
F. Opsahl, prominent Farmer-Labor-
lite of Montevideo, while in the city
to spend the holidays with friends.
eff the Farmer-Labor party should
nominate Floyd for governor next year
our county and / believe our part of
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1929-12-26

Heard at the ladies bridge party:
"You say she is perfect lady?"
Eyes, she never drops her cigarette
ashes on the floor"