davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16
FORD MOTOR STOCK
IS ACTIVE ON CURB
Standard Oil of Indiana and
American Super Power
in Demand.
BY WILLIAM F. HEFFERNAN.
Dispatch to The star.

Special Dispatch to The Star.
NEW YORK, January 16.-Ford
Motor of Canada. Standard OF Indiana
end American Super-Power issues held
speculative interest on the Curb Ex-
change today. The market generally was
irregular but with the majority OF price
changes occurring on the side OF ad-
vance.
DEVELOPMENTS In the market for Ford
Motor of Canada were almost as Spectac-
.ular as on Tuesday. when the-price moved
over a range Of $50 points RumorS OF
disqualification of the financial struc-
ture. special distributions to Stockhold-
ers and a fight for control in the open
market had preceded the recent buying.
When all these were emphatically de-
MED by an official of the company, the
stock turned abruptly about and the
selling continued in volume today. The
price left off Tuesday at 735. 1t opened
today at 701, declined steadily to GIL,
then recovered to cross $50.
The controversy between the Rookie
feller-Stewart factions, to be threshed
out at the coming meeting, is said to
have been the basis for the heavy de-
mand for Standard of Indiana, each
party seeking sufficient proxies to assure
a majority vote. Standard of Indiana
99ss, then swept upward to new high
record around 103, where it compared
with the previous final of 81.
Other oils continued active, notably
Vacuum Oil, around 1913, still influenced
by the prospect of a special distribution
TO be voted at the next meeting. IN
official reports that Columbia Gas &
Electric had acquired pipe lines of the
National Transit in New Jersey and
New York brought in a heavy demand
for National Transit shares, which were
carried to their best for the year. New
York Transit was also influenced.
American Super-Power class "A' and
''B" rose sharply to new high prices.
Because of the prominent place this
company is to command in the pro-
posed new utility combine these issues
were attractive at the current prices
Kinnecott Copper new stock was
turned over in heavy volume. 1t
left off Tuesday at 1884. Opening sales
were unchanged, but thereafter the
price rose several points.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16
CORN PRICES DROP
IN EARLY TRADING
Reports of Beneficial Rains in
Argentina Affect Initial
Dealings.
BY the Associated Press.


CHICAGO, January 16.-word of
rains in three provinces of Argentina
benefitting the corn crop there led early
today to downturns in corn prices here.
On the other hand Chicago wheat values
displayed relative firmness as result OF
Liverpool wheat quotations higher than
DUE Opening unchanged to Il off corn
later showed setbacks all around. Wheat
started unchanged to 3s down. but sub
sequently scored gains. Oats were easy.
Provisions also tended to sag.
Argentine reports Of widespread rains
in the drought district, where the corn
crop has been suffering, received en-
phasis today from sharp drop in corn
quotations at Buenos Aires. Some dis
patches to Chicago houses asserted,
though, that the rains were light, and
that dryness continued in BuenoS Aires
Province, usually the heaviest producer
of Argentine corn. Meanwhile export
interests here were credited with buy
ing corn on declines.
Strength which developed at times in
Chicago wheat prices today, was asso-
ciated more or less with current reports
that domestic Winter wheat still was
not in good shape Particularly east of
the Mississippi good deal of the acre
age continues under covering of ice,
and is subject to damage from smother
ing. In this respect 80 per cent of crop
reports were said to be unfaVorable.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16
BANKS AND TRUST COMPANIES
BUY STOCKS FOR INVESTMENT

banks that have AFFILIATED security cor
porations will follow the lead of the
National City Bank of New York in
making careful analysis of stock situ-
atoms, then taking a position" in
them and distributing them among
their customers. This has been done
successfully in the case of several
prominent railroad stocks, of which
large blocks have been taken out of
the market quietly in anticipation of
increased earnings and possible ad-
vance in dividend rates.
This practice is common among Ger
man banks, although from the nature
of corporation conditions in Germany
| it has been confined mainly to in
| dustrial securities in which there are
| broader markets than in public utili-
| ties or the railroads.
| The revolution in the investment
business has come suddenly and follows
a period of several years during which
more bonds were created than ever and
| higher prices were paid for them than
since before the war This period cul-
minated last June. The following six
months saw steady shrinkage in new
bond issues and declining prices, with
growing preference for stocks ovel
bonds. These facts have compelled
the changes now taking place in the
| field of security issues.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16

Special Dispatch to The Star.
NEW YORK, January 16.-One OF
the largest of the New York trust
companies, which previously has made
no pubic issues of stocks, is reported to
have fallen into line with its COMPETE
tors in the investment world and is pre-
pairing to underwrite and distribute
common shares of promising American
corporations.
A few weeks ago one the oldest and
most active investment houses In Wall
street, which for nearly half a century
has had reason to be proud OF its
ability to distribute bonds and which
was among the pioneers in recon-
mending public utilities when most OF
its rivals were still limiting their field
to railroad mortgages, went out Tor
stock business. 1t had found its bond
departments slowly drying up.
Several of the international banking
houses which had never done a stock
business except to execute orders that
/, came from customers, have recently
established departments for the in
vestigation and distribution OF Amer1-
can equities" There has been a
general readjustment in the trading
corps of houses that have always spe-
cialized in bonds. Bond traders have
been dropped out or else have been put
to work studying the markets in stocks.
It Is expected that other important
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16
GERMANY'S CREDIT HELD
GOOD BY OTHER NATIONS
BY the Associated Press.

oy Vic 6ooOCkdtch IACoos
PARIS, January 16.-Inquiries at the
Bank of France respecting the capacity
of international money markets to alb
sorb bonds for the concentrating OF
German reparations are understood to
show that France alone might be able
to take the equivalent of three or four
hundred million dollars. Other Euro
pean money markets. including the
German. Swiss, Dutch and English,
could take as much more.
German credit is regarded by French
financiers as very good. Sums equal to
several hundred million gold marks In
French money are now extended to
Germany on short-term loans.
French subscriptions to the repara-
tions loan would naturally be dependent
upon the French government using its
immense influence with the French
public to push the securities, very much
as it formerly did respecting Russian
obligations.
All projects respecting commercial
ization of reparations provide for service
on the bonds out of the annuities them
selves, SO that there would be no adj
ditional charge on German revenue.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16
SOUND MOVIES AID
THEATER RECEIPTS
Attendance Figures Show Increase
Since New Screen In
vention.
BY J. C. ROYLE.
,ecial Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, January 16.-Attend-
ance at the moving picture theaters is
on the increase, according to box office
figures available today. Many amuse-
ment experts attribute this to the in
terest displayed in films with sound &C
compartment and synchronization. This,
they say, has brought crowds into the
theater in recent months.
Since the equipment necessary for the
production of this type of amusement
has been installed in only a few more
than 1000 houses and is now proceed
ing at the rate of 80 to 40 theaters a
week, they anticipate that this kind of
entertainment will hold up motion pic
ture theater receipts at an increased
rate for months to come. They believe
that 1t will continue until most adults
have seen at least one sound movie.
Profits of the film concerns have
grown despite the fact that foreign sales
of films by American producers, which
are responsible for IS to 80 per cent
of their revenues, have dropped off.
Moreover, the industry has been put on
a Sounder financial basis and is now
more economically operated.
~ ID uOuULlul IL tLlc iIlUVleS have
hurt the receipts of the speaking stage
Considerable difference of opinion exists
as to whether this is turning out a
profitable or disastrous season for the
legitimate theaters and producers. At
tendance seems to have been fairly well
stabilized, so far as total number of
patrons Is concerned. Some producers
have piled up big profits. Others are
complaining bitterly and urging the Sc
lection of some outstanding business
figure to drag the theatrical industry
out of its rut of depression.
One fact stands out, however. That is
that more new producers have shown
themselves anxious to take hand in
the game than ever before Costs of
production have risen, and SO has elab-
orateness of presentations. Prices of
tickets have risen alarmingly. This has
been aggravated by difficulty in getting
tickets at box Offices and the extra
charges imposed by ticket agencies.
One of the most experienced and best
known managers said today that in his
opinion there was nothing wrong with
the theatrical business except ill-judged
and poor plays and productions. He in
sisted that people would pay even the
high prices now demanded If given
show which they felt was worth the
price asked He declared that the pub
lie undoubtedly was more discriminate
ing because of the cost and that only
the traditional first-nighters wanted to
take chance until they were sure
they would see success"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16
Employment Survey.
BALTIMORE. January

BALTIMORE, January 16 Especially
Employment in manufacturing indus
tries of the State, based on survey
of 314 selected establishments, declined
03 per cent in December as compared
to the preceding month, while the ag-
gregate amount of weekly pay rolls in
creased 1.6 per cent, according to a
report just issued by j. Knox Insley,
State commissioner of labor and Statis-
tics. The report was prepared in coop
Grafton with the Federal Bureau of La
Dor Statistics.
The survey of group of retail de-
partment stores showed an increase OF
178 per cent in employment over the
November record, with an increase OF
1853 in combined pay rolls. A group OF
wholesale establishments indicated a
loss of OF in employment and a drop
of 81 per cent in amount of pay rolls.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16
URGES FOUR-DAY WEEK.

BALTIMORE, January Is Especially :.
The four-day week as means of re-
ducing unemployment was urged by DR..
Florence Bamberger of the Johns Hop
kins University in an address yesterday
before the Federation of Women's Clubs.
Henry Ford, she said, was not merely
altruistic in urging a short working
week, but was facing the situation Gre
ated by the fact machines are so eff
Gent full-time week would produce
too much for consumers to absorb.
In discussing modern systems of edu-
cation DR.. Bamberger denied the three
RS" are being neglected. She declared
elementary subjects are being taught
more. effectively than ever before, in
conjunction with the other subjects re-
quired to meet needs of a modern world.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16
COTTON IS STEADY
AT OPENING PRICES
Covering and Moderate Trade De-
mand Influence Early Mar
ket Values.
BY the Associated Press.

By the Associated Press.
NEW YORK. January 16.-The cotton
market opened steady today at an ad-
vance of points to decline of 6
points, with the active months selling
about 2 to points net lower right after
the opening under liquidation and some
local selling. The offerings were light,
however, and the market soon steadied,
with March selling up from 2018 to
2038 by the end of the first half hour
when the active months were about
5 to 10 points above yesterdays clos
ing quotations. The buying was attrib-
uted to covering and a moderate trade
demand, but trade was not active and
the fluctuations were attributed largely
to the technical position.
Private cables said that London and
continental liquidation had been abb
sorbed by trade calling and Bombay
buying in Liverpool and that there was
a good demand for cotton cloths in
China. with fair business in yarns.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16

NEW YORK, January 16 R.--
Lloyd's register of shipping reported
yesterday that in the quarter ended
January ! there was an increase of
nearly 100000 gross tons in the volume
of world construction of merchant YES
sells over the previous quarter, but the
United States showed decrease of
1928 gross tons.
Great Britain and Ireland showed an
increase of $4,000 gross tons, and
smaller gains were reported for France,
Japan and Denmark. All other ship
building countries showed decrease.
World figures for shipbuilding were
given as 2,618,00l gross tons for the
quarter just ended and 1881, 342 for the
preceding quarter.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16
Home MADE, but
Ends Bad Cough
In a Hurry

To end q stubborn cough N
quickly, it is important to soothe w
and heal the inflamed membranes, w
get rid of the germs and also to III
aid the system inwardly to help III
throw off the trouble. IN
For these purposes, here is q II
homemade medicine, far better than II
anything you could buy at 3 times
the cost. From any druggist, get 2h
ounces of Pinex. Put this into a \
pint bottle, and add plain granu-
lated sugar syrup or strained honey |
to fill up the pint. This takes but a !
moment, and makes a remedy so |
effective that you will never do |
without, once you have used it. |
Keeps perfectly, and children like it. |
This simple remedy does three |
necessary things. 1t loosens the
germ laden phlegm and soothes |
away the inflammation. At the same |
time it is absorbed into the blood,
where it acts directly on the bron- Il
chial tubes. This explains why it H
brings such quick relief, even in i
bronchial coughs and 'f1u" coughs.
Pinex is highly concentrated II
compound of genuine Norway Pine, III
containing the active agent. of creo- III
sote, in a refined, palatable form, III
and known as one of the great III
est healing agents for severe ,sW
coughs, chest colds and bron- .4W
chial troubles. --MG
Do not accept q substitute S6.
for Pinex. 1t is guaranteed >.
to give prompt relief or sasEya-
money refunded. ~ASSszssSs
DIMES
Is for couehs.-A
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16
Silk Producers to Dine.

NEW YORK, January 16 R.-
Trade representatives of the major silk
producing and manufacturing countries
of the world will be guests Of the Silk
Association of America, Inc, at It's
fifty-seventh annual dinner, in New
York, tomorrow night. James Wilson.
jr. president of the Chamber Of Com
merce of Paterson, N. j., also is an in
vited guest.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16
CHICAGO DAIRY MARKET.

CHICAGO. January 16 CR.-Butter,
lower: receipts, 6.687 tubs: creamery
extras 451a: standards. 451a; extra
firsts. 4474a45: firsts. 44a441a; seconds,
43a431a. Eggs, lower: receipts, 7,183
cases; extra firsts, 35a36; firsts, 33a34 n !;
ordinary firsts. 30a32.
Poultry-Alive. steady; no cars re-
ceived; fowls. 80; Springs, 90 ROSTERS,
90: turkeys. IS: ducks. 24a28; geese, 20.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16
CALL MONEY SITUATION.

NEW YORK, January 16 CP).-
Bankers state that only moderate with
drawals of funds from the call money
market are reflected by sharp rises in
Guilty of finding replacement funds. The
high total of brokers loans and the pos
sibility of an increase in the New York
Federal Reserve Banks rediscount rate
have made lenders chary of tying up
more funds in the call loan market.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16
United Fruit Holdings.

NEW YORK, January 16 P).-
Cash holdings of the United Fruit Co.
have reached new high total of $685.
100000 in addition to $1,630,000 in
Government securities. The total $34,-
$4,000, exceeds by $4,000000 the value
placed on steamships owned by the
COMPANY
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16
BY KENNETH S. VAN STRUM.

NEW YORK, January 16.-The future
on the stock market depends upon
business conditions during 1929, and
business conditions depend upon the
amount of business done and the price
at which products are sold. Commodity
prices are very important.
The disastrous price defiation OF 1920
1921 taught business the danger Of
widely f1uctuating commodity prices and
as a result the general price level has
been kept relatively stable ever since.
Any sharp rise in commodity prices
would result In immediate action by the
Reserve banks to offset it.
Business Stability.
The stability of prices since 1921 has
probably been the most important single
influence toward stabilizing business
activity at high level Taking BUSH
ness as a whole when the general price
level rises, there is an inclination for
production to increase in order to take
advantage of higher prices: when it
falls, production declines, since the
chances of making profit for most
industries grow less. But when the
price level is relatively stable, while
production moves over corresponding
ly narrow range, it is governed by the
growth of population and normal de-
mand, rather than being falsely ac-
centuated by rising commodity prices,
which sooner or later spell disastrous
price defiation.
The stability of both prices and pro-
duction during recent years is illus
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16
PARIS BOURsE PRICES,

PARIS, January 16 (P).-Prices were
firm on the Bourse today. Three per-
cent rentes, SO francs Is confines
Five per cent loan, 81 francs SIS CEN
times. Exchange on London. 124 francs
11Ea centimcs The dollar was quoted
at 25 francs SO centimes.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16
World Copper Production.

NEW YORK, January Is R.-World
copper production for 1928, as com,
piled by the American Bureau Of Metal
Statistics. was 1,830,471 tons, against l.
658.346 tons for 1927. The 1928 total
is exclusive of $4,000 estimate tonnage
of non-reporting countries. Domestic
production for the year was l,o6o,o94
tons.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16
NEW YORK BANK CLEARINGs

NEW YORK, January Is (SpeciaD -
New York bank clearings, $1,831,-
100000; New York bank balances,
sits, 100000; New York Federal bal
ances, $751; 100000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16
Coal Output Report.

NEW YORK, January 16 R.-
Total output of bituminous coal in the
United States for the week ended jan
uary IL, the National Coal Association
reports. was II, 100000 net tons.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16
Purchase Plan Rumored.

NEW YORK. January Is Up).-Fed-
eral Screw Works of Detroit is reported
to be negotiating for acquisition OF the
Michigan Screw Co. of Lansing, Mich
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16

In Ell Paso, Tex, there are more than
80 Mexican priests and $50 nuns.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16
POTATO MARKET STEADY.

CHICAGO, January Is Omitted States
Department of Agriculture) .-Potatoes-
total United States shipments, sos cars;
supplies light, demand and trading
moderate, market steady; Wisconsin
sacked round whites, u. S. No. l, 1.00a
lis; few. higher; Idaho sacked Rus
sets, U. S. No. /, 1.50a1.80.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-01-16

SILVER QUOTATIONS.
NEW YORK, january Is Op.-Bar
silver, Sta. Mexican dollars, 43.
The Washington times., 1929-05-03
GROUND REN I s
ISSUE IN MD.

HAGERSTOWN, Md. May 81
Definite steps to investigate the
legality of the collection of ground
rents on property in Williams;
port, this county, were taken at
meeting of owners of leasehold
property held In the town hall.
A number of persons signed an
agreement not to pay the rents,
which were due May 1, until the
collectors can prove their right
to collect them.
Joseph D. Grove, an attorney.
who presided. stated that tn Q
ground rents are owned by Mrs.
Kate Leftwich. of Washington. and
the estate of Mrs. e. B. Butier.
of Los Angeles Calf. who are
represented by agents in the town.
The annual ground rents are
estimated at between $500 and $500.
the rental, according to the original
rights, being based on the price
of three bushels of wheat on May
for a full lot.
Ground rents have been collected
in Williamsport for i25 years, the
original right being for 80 years,
renewable.
One of the purposes of the in.
vestigation will be to ascertain II
this right has been renewed. 1t
| Is stated that there Is no record
of a renewal in the court.
The Washington times., 1929-05-03
$40 STUDENT
To SEE VA.


RICHMOND. Va, May s.-vir-
ginia will entertain approximately
S25 boys and girls from the grad
uating classes of Highland Park
High school OF Detroit. Mich. on
May and Z. according to an an
nouncement made here today by.
the Virginia State Chamber Of
Commerce.
The girls. numbering zoo. will
arrive here May s. from Charlottes-
vile, seeing Monticello and the
University of Virginia and Rich
mond and her historic spots before
visiting jamestown, Yorktown, and
Williamsburg and departing via
boat for Washington.
The boys party will come to
Virginia via boat from Washington
on May Z, visiting the historic
peninsula and Richmond and Char
lottesville and going on to Cincin.
natl and home to Detroit.
The Highland Park High School
Is the first high school of the
country to make a practice of
including Virginia on the annual
school tours.
The practice was started IL or 10
years ago under William Prakkin.
head OF the tour. Several members
of the board of education of the
town will be in the party.
The Washington times., 1929-05-03
N. Y. Man Tells COurI
He's In Speakeasy
. Business

NEW YORK. May .. = John
Jerevitch OF Brooklyn. who had
previously given his occupation
as tailor. told Magistrate Reynolds
in Bridge Plaza court that he is
in the "speakeasy business"
"Whatr' the Magistrate ex.
claimed, astounded- by Jerevitch's
candor.
"Yes,. sell beer and drinks"
Jerevitch continued.
He had appeared in court to
make a charge of assault and
robbery against George Brabart,
saying that Brabart and four
other unidentified men hit him
on the head with a bottle and
stole $40 from him, April 27.
Brabart was held without bail for
further examination, May 3,
The Washington times., 1929-05-03
Arlington County Will
Hold Health Clinics

CLARENDON, Va, lay 3.-The
monty chest clinic for Arlington
county will be held at the Cherry
dale Health Center, next Wednes-
day, under the direction of DR..
H. A. Latane. It will be for adults
as well as children.
The pre-school dental clinic for
the Clarendon Health Center will
be held Tuesday at the Woodrow
Wilson school, Fort Myer Heights
School children will not be re-
ceived at this clinic.
The Washington times., 1929-05-03
CENTURY WOMEN MEET

WINCHESTER, Va. May b.
The Century Club met recently at
the residence of Mrs. Louis L.
Baker, 429 North Braddock st.
Mrs. John S. Scully spoke on
Spanish and Austrian power in
Italy. Mrs. Katherine Glass Green
read a paper on F. Marion Craw
fnrd
The Washington times., 1929-05-03
JOBS DAUGHTERS PLAY

A play will be given tonight by
the Jobs Daughters for the Wash
ington Centennial Chapter, 0. e. s..
at the Masonic Temple, Thirteenth
and New York Avenue
The Washington times., 1929-05-03

Having completed settlement with the heirs of my
late brother George Fredander it is for
to convert into CASH all stock hand in order that
may do things. First, satisfy all debts outsand
ing and, second, finance my policy of operation
Quite naturally, such sale at such blanket
ducfion can not last much longer!