davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-07
ny 4. FLEMING.

Cali money, an cratic intangible Of
more or less uncertain value, seems 70
be the dominant subject OF converse
ton and discussion In financial circles
these days.
It is extremely essential that the New
York stock Exchange may continue TO
fiuctuate from day to day; that banks
may have place to employ their sec.
ondary reserves when the demands Of
their commercial and industrial clientele
indicate q let-up In the employment OF
money In the regular channels
There Is some question. but only IN
the minds Of those knowing little or
nothing about II, regarding the neces-
sity Of the exchange itself. although 1t
Is recognized by business and finance as
one Of the main cogs in our national
prosperity, without which conditions
existing 4 hundred years ago might be
restored. Its usefulness is so apparent
that there Is no argument needed in the
matter.
Every business morning committee
of bankers and brokers. Stock Exchange
members, meets and lays its cards on
the table. The brokers indicate how
much money.they win need 70 finance
their holdings Of securities and the
bankers give the total Of the funds they
have to offer. On this basis Of supply
and demand the loaning rate Is made
by this committee.
Banks in New York City, with great
reserves In their own vaults and with
large orders from banks all over the
country, anxious TO lend their surplus,
meet the demands of brokers carrying
securities for the great army of specu-
lators in the stock list, now ct about
It's greatest numerical strength.
Higher or Lower Rate.
Naturally the more cash the brokers
need the higher the rate they win have
to pay for it. Cash is needed for every
transaction on the Stock Exchange and
cali money is the cash required for the
day. Such loans are repayable on de-
nand before the close Of banking hours
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-07
CALL MONEY HOLDS INTEREST
OF FINANCIAL WORLD TODAY
Rates Are Fixed on Supply and Demand
Basis, but Manipulation Sometimes
Plays Part.

or failure stares the broker In the face.
Brokers must protect themselves by in
ereasing the margins Of their custo-
n1ers, principals for whom the loans
are arranged, although only the brokers,
fellow members Of the exchange, are
recognized In the transactions.
Margins vary according to the char
acter Of the security which they pro-
tect A highly speculative stock FREE
qilently requires SO per cent margin
and in like manner the lender Of call
money will make but so per cent
advance. In normal times margins run
from 10 to- 80 per cent. with high grade
investment shares like Pennsylvania,
New York Central. steel, etc, COM
manding much larger loans and smaller
margins.
If loans are not called. that is II
the bank leuding the cash Is willing to
permit the loan TO go over for another
day, the rate therefor Is also fixed and
announced at IL o'clock daily. The
call loan rate Is given out for the day
around l0:40 o'clock. Renewal rate Is
made on the supply and demand basis.
Some Manipulation.
There are instances where supply and
demand play secondary part 70
manipulation--not many, but the cali
money lenders admit that once in a
while some great industrial corporation
makes loans, sells Its own securities
makes new cal, loans and then calls
for repayment aggressiyely, creating
something OF panic in the market,
and recoups holdings at lower lewis,
reating I'D lib
6o-called investment trusts do the
same thing occasionally. Some of the
largest OF these. after liquidating hold
ings. have so much cash on hand that
they are factors In the call loan mar
ket These trusts are looked upon as
legitimate now. Most of them have
made much money on the long bull
markets and they are popular. In the
olden days they were not given this
recognition combinations of capitol put
up by many people into the hands oil
pool managers to be used as the latter
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-07

ZEE fit III investment and speculative
operations. These are liable to 50
wrong In q tWp-sided market
An unexpected call Of large loan
by one Of these concerns II q nervous
market Is help to ufiGettIfng Things
and likely to help q weak market on
its down course.
Bankers Generally Participate.
Bankers III Ill Of the important
cities and In many of the smaller
towns as well make It point to take
advantage Of the high call rates
through their correspondent bank o.
banks In New York City The extent
of their participation depends almost
entirely on their own supply OF sur
plus funds. Investors and spectators
who have been squirming under the
burden Of the high rates for cali money
have been making strenuous efforts TO
get out OF their brokers clutches and
transfer their loans from the brokers
to their home banks.
This action has materially increased
the demand for accommodations at the
banks. In Washington bankers have
been exercising great care not TO en-
courage speculation.
Efforts to transfer collateral loans
from brokers to bankers direct has
caused an advance IN Washington
rates. As a general rule St2 to per
cent has been the average rate week
after week. Some time ago call loans
here were made at S, SO and s per
cent but they have been marked UP to
6 per cent with time money and oc-
casionally the Local rate has been in
creased TO 61a and per cent. Bankers
also pick their collateral and insist on
the compromising balance,
The Collateral Security.
New York bankers in making call
| loans for their out-of- town customers
mail the list Of collateral back of the
loan, held by them, to their CORES
pondents the some day the loan is
made In the case of renewal from
dav to day the list remains the same
unless the broker borrowing desires to
substitute some other security, when
| something equally acceptable is given
| In place of the withdrawn collateral
something acceptable to the New York
bankers and at an acceptable margin
of safety.
There is a difference of opinion
among bankers as to the action of the
Federal Reserve Board in its insistence
on the les sening of speculative
activity. BY far the ma jority believe
that speculation should be allowed to
run It's course-that it can no more be
controlled than the prices for rubber
sugar and other commodities by edict
The Federal Reserve system has two
purposes, to maintain fair rate for
commercial borrowers and to help
financing operation of the Govern
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-07
Germans Travel in Diners.

With the adjustment OF fourth-class
travel on railways in Germany, and the
increasing popularity of second and
third class accommodations, passengers
have found q new way of making trips
in comfort. They ride In the dining
cars. SO popular has become the Gus
tom that there has developed dining
car-class travel. Rather than ride in
crowded second or third class compart-
ments, passengers, purchase third-class
tickets and remain In the diners during
the entire trip. The diners are more
comfortable than the compartments.
and have smoking and non-smoking
salons. Purchase Of sandwich or a
drink at q moderate price entities one
tn a seat
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-07

pPINCESS ocean end of SO. Carolina
ANAAt~ Ave. Spring rates, S1.5A
up dly. Eur. pl., $3.50 up diy Amer. pl..
spec. wkly. rates. Write Box NJ for bklt. and
road map p. G. Rosecrans.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-07

past week and With ample offerings on
the exchange Of Western stock the d.
nnsnd Is easily satisfied. Some buying
noted by colds storage operators and.
this. coupled with fairly good cons.
sumptive demand, has kept prices steady.
the past week. The market at this
season, especially with the hot weather
prevailing today. IS day-to-day propo-
sition and prompt shipments are advis-
able to bring this result. The market.
closed today at % cents q dozen for
nfsb in free cases and 20 70 az for
current receipts. Season for duck eggs
dxaWing to close ard With no snap
10 the demand the market rules east.
and lower at ~ cents q dozen. q
White potatoes are in liberal receipt.
from all sections and with the demand
light. due to lower prices of new pota-.
toes, the market rules easy at rs to LIS
Reds selling at the lower values quoted.
Sweet potatoes and yams in lighter.
receipt and the market holds steady.
at 200 to $50 barrel for the former.
and ZOO to 3.25 for the latter. but.
II takes clean, fancy stock to bring up
| values. as all over large. rough. dark
stock MOVES slow at inside prices. =
Native and nearby garden truck In
ample receipt for the demand which Is
now turning to early Southern vege-
tables and prices are mostly In buyers
favor at the following quotations: Kale.
80 to SO busfel: onions, l.50 to 400 per
| 100 pounds; parsnips, Is to IS basket:
rhubarb. 500 to 500 100: spinach. 40
| to IS bushel, and turnips, rs to IS
basket.
Live Stock Market.
The general live cattle market rules
steady to firm under light receipts on
the wharves, especially Of first quality
stock. Demand is fairly good for this
class Of cattle, but all common as well
as under grades 90 slow at inside prices.
| Quotations today at Light Street
Wharf--Beef cattle, first quality, pound,
liz to IL; common to medium, 8 to
10: bulls, as to quality, to o. Cows,
choice to fancy, to 9; common to fair,
{ to 6. Oxen. as to quality, 6 to Q.
Calves. veal. choice. 151a to Is; large,
| fat, 10 to IA; large, rough, 8 to II;
thin, 8 to 10: rough and common. 7 to
8. Sheep. choice, to q; old bucks.
to 5. Lambs, choice. Is to IS; fair
to good. IL to IL; common, thin, 8 TO
10. Spring lambs, 40 to As pounds, 10
to 20. Hogs. straight. 1917 to liz.
Sows, 8 to o. Live pigs, 10 to IA. shoats,
10 to IL.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-07

Receipts of native and nearby eggs
have been running fairly liberal the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-07
Baltimore Markets
Special Dispatch to The star.

Special Dispatch to The Star
BALTIMORE, Md. April s.--Receipts
Of live poultry have been running gen.
orally light all the week and, as a re-
suit, with good demand prevailing
prices on all lines with the exception
OF ducks, guinea fowl, old roosters and
pigeons advanced from to S cents a
pound. Spring chickens are in very
light receipt and clean up readily at
50 to SIS cents a pound while young
chickens III pounds and over bring
AZ to 40. but all poor thin stock, which
is in ample receipt, will not bring over
Is to %. Old hens In very good de-
mand and bring IS to 80, but Ship
ments Of stock weighing under so
pound not advisable, as 1t is more a
question Of buyer than price on this
class of poultry. Old BOOSTERS are hold
ing steady at 10 to 20 and ducks are
bringing 20 to 80. Guinea fowl and
pigeons are In good demand at 50 to
10 each for the former and IS to 40
pair for the latter.
Egg Prices.
Receipts of native and nearby eggs
have been running fairly liberal the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-07

Tor listing lT7,9l6
shares of the pre-
ferred stock of the
Real Estate Mort
gage & Guaranty
Corporation, which
is the amount reg
istered of the COM
pany's outstanding
268, $40 shares. The
remainder Of the
issue will be listed
as soon as the reg
istrar, the Lincoln
National Bank, GER
titles 1t has been
registered,
Secretary C. j.
Cocker was au-
thorized to send
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-07

The Federation Council OF the Dutch
Reformed Churches Of South Africa
have appointed two ministers TO spend
their entire time caring for the spirit
ual welfare Of the students In the uni
versities and university colleges Ia oil
parts of South Africa.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-07
new STOCK LISTED
ON D. c. EXCHANGE
Directors Vote to Admit Real
Estate Mortgage & Guar
anty Securities.
BY Edward G. Stone.

At a meeting Of the board Of govern
ors Of the Washington Stock Exchange
held yesterday 1t was voted to admit
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02
The Schcnley
2l2l III St. NV.

Frigidaire Is now being
installed in this modern
eight -story, elevator build
ing. The cost of operation
will be paid by the owner.
Convenient to Govern
ment departments. George
WashinRton University.
car and bus service Ali
apartments in perfect con-
dition.
Resident Manager, apt. 109
Lighted Until $50 PM.
2 rooms. kitchen and bath,
$500 to $3.50
I room. kitchen and bath,
$500 to Gl5.50
Including Frigidaire.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02
Near 14th & Park
1884 10th St. NV.

NEW BUILDING
Convenient to car and
bus lines, stores, school
and churches.
Entire building in per-
feet condition.
3 rooms, kit and bath,
S42.50 and $500
1 room, kitchen and bath.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02
E. The Ravenal
1910 10th St. NV.

New, downtown apart
ment building. providing
all .conveniences for the
comfort and enjoyment Of
tenants.
Electric refrigeration.
cost of operation to be
paid by owner, secretarial
switchboard, shower in
each bath. twenty-four-
hour elevator service, an
attractive lobby, radio aer-
ials installed direct to
wall plugs are among the
new desirable features.
Resident Manager on
Premises
2 rooms, kitchen, d. r.,
d. n, bath. .S72.50
3 rooms. kitchen, d. q,
bath, fOyer........SS $500
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02
THE FLEETWOOD.

THE FLEETWOOD.
3707 WooDLEY ROAD NV.
Apis. OF rooms, kitchen, dining alcove
Al no Ia'n rnc,,, % 70 $500
nall and bath. Observation-Disclosures. 79 90
Frigidaire on house current.
Resident Manager.
1880 HARVARD ST. NV.
Apis Of ! room. kitchen and bath :. .s4S. 90
Apis. Of rooms, kitchen and BATH. IS 90
LINCOLN ARMS,
SASS CONN. AVE. NV.
Apis Of rooms and bath. $50. so to SIS. 90
Frigidaire on house current
Resident MANAGER on premises.
LONDON HALL,
1893 18th ST NV.
H-hour Elevator and Switchboard Service
Resident Manager.
Apis, Of ! room, kitchenette and bath,
Aets q room: kitchenette and BATH f '0OOO
1nciudine frigdare on house % current iG SfOO
200 MASS. AVE. NV.
24-hour Elevator and Switchboard Service
Resident Manager.
Apis. OF ] room. kitchen and bath,
Apis: Of = rooms. Kitchen and bath. ...o
ineiudins Trsdsire ON house ssU eur re s4'O
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02
TORI OF QJNFURNTSEHF,D APARTMENTS
SHANNON & LucHs MANAGEMENT.

L.
49, s xAFS e.. " 'a:E II ESSss''
Rooms PSs n: ss 81 ia' Bath Apis Of ss e? s t.. Rooms
s:ss 5S! e5syss S! fSs$si S'
sss n SS.Si: a.S.!: P Ss r' rais!:
fls asA ,.,E 81 81 50.
&c., @ # 7; s; @
qnr ~ ovs ssls 4f RSsF G Park.
Room k IT,: 8? NV ss$ IT, :s$ S: Porch
Rooms KIT @ ~ II 9s @ OO
- Q Premises
D5. s:s ss s as s' g.. ..,.
THE damage. . fS:Se!
fs:H I5 81 bath ,..n n
s! 5::: si'se sv
THE FApNoR Rooms Kit aS f HS
Ss: 5;7;:s$ ''' &C., b.,
:?: s!|.s ,s;s.! s:s s55
i:sS:%fs ':n e; S s:: + i::
ss. HI; 5 Rooms! E' Il: s0z E $500,
Room. Ell e Room. 1$:n:s s ~ s:;s $500,
e.. SHANNON. !&.LUCHSl
l43s K St. NV National 234s
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02
PELHAM COURTS
Pills p St. NV.

Two SQUARES from Dupont Circle
One room and BATH one. two, three rooms ana pa
house See resident manager.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02
Naval Village
. PALS E St. NV.

This apartment house
has an attractively land
scaped court. overlooking
Potomac River. and Is
conveniently located to
Government departments.
Several two and three
room, kitchen, dining al
cove and bath apartments
available at prices Tang-
ing from
$4,000 and S42.50
Resident Manager at 102
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02
1920 N ST. NV.

Walking Distance OF DOWNTOWN :,
One Room, Kitchen Dining Above and Batn' u
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02
THE GREENSBORO
HAMPTON COURTS
1914 18th ST. NV.

kitchen and bath; two rooms reeer
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02
36I8 CONN. AVE.

Overlooking Rock Creek Park.
lilly large rooms kitchen, bath and 1oyer'
ION
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02
The Gotham
1945 Calvert St.

Only one apartment
available in this con-
veniently located apart
ment house, distinctive
for its comfort and re-
finement.
Large, well planned
rooms. Elevator service.
5 rooms, kitchen and
bath ..........S 1c?.50
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02
22l F ST. NV.

rooms bath with doube poches thre Re,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02
1926 18th St. NV.
Frigidaire

Moderate rentals and
convenient location COM
bine to increase the de-
STABILITY of the available
apartments in this newly
renovated building. Under
new MANAGEMENT.
2 rooms, kitchen and bath,
$4,000
Resident Manager on
Premises
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02
2O13 New HAMPSHIRE Ave.
2l45 CALIFORNIA ST.

Just Apis of LA rooms kitchen and n si
FRIGDAIRE mouse fSesi
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02

Z4OO ZUth St. INV.
kitchen. bath and
in
rentals FRIG1DARE ON Hot
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02

stores schools Post Once
attachments;
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02

1921 Euclid St. NV.
8 rooms, kitchen and bath. $50.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02
1907 18th ST. NV.
THE WOODBINE

10 Rooms, Kitchen and Bath, s40-Newly r
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02

Convenient to the new
Conn. Ave. shopping an6
business district, vet in
the hish-claSs apartment
house area of Conn. Ave.
and Columbia Road. With
in a ten-minute ride of
the Government depts.,
theater and downtown
business districts.
Frigidaire. Cost OF op.
Grafton included in rent.
, rooms, kitchen and bath,
$500 to $3.50
Resident Manager. Apt. 301
Apartments Lighted
Until $50 PM.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02
1921 Newark
St. NV.

Modern. elevator apart
ment house, situated on
the corner of Wisconsin
ave. and Newark st. Served
by Wisconsin ave. car line
and Mass. ave. bus line.
Equipped with Frigidaire
refrigeration on house
current. dinette with Pull
man furniture. In perfect
condition throughout. At
tractively handicapped.
NEAR ST. Adams
CATHEDRAL
. rooms. kitchen. dining
alcoye and bath. $3.50 to
S61.S0
3 rooms, kitchen and bath,
$500
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02
$500 9th NV.

CORNER 9Th AND KENNEDY.
One room, kit. dining alcove bath with shower, FriSda
% rooms kit and BATH $3.50.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02
THE NEBRASKA,
81 Randolph Pl. NV.

Convenient to Union Station. Gov.
eminent Printing once and City Post
once; 8 rooms, pantry ana natn'
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02


the
Park
BATH with FR1IDA1RE serV
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02

2722 Connecticut Ave. NV.
LARGE Rooms, Bath and Pantry,
Enclosed Porch,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02

kitchen bath apartment
HOUSE CURRENT. s7o
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02
THE PREMIER,
7l8 18th St. NV.

Convenient to Government depart
and bath: rents. s35 and SIS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-02
STRATHMORE COURTS

1921 BELMONT ST. NV.
room and bath Cfront) ... s32.5o
/ room combn. dinette and
kitchenette. rec. hall. bath.
exposure ....... 80. 1000
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-17
Claims to Titles Being Made
In Independent Court Teams

OF their most feared rivals tomorrow
night when Potomac Boat Club tossers
meet them on Central High floor at 8
O'Clock jake Goldblatt, outstanding
star of the recent schoolboy court
series has been added to the Grays'
roster.
Manager Zones is anxious to schedule
games with Company r and Old
Dominion Boat Club fives. Skinker
Eagles have been scheduled for March. 5
Another attractive game is carded
tomorrow night In Boys Club gym
where the present Boys Club unlimited
team will meet auint composed Of
former Boys Club stars led by Dave
Welsh. Play will start at 8 o'clock.
Saks Trojan qnint, which downed
Lightning A. G. five In Its last start
"a to 10. with Lebowitx counting 10
points, Is seeking games through Man
ager Adler at Main $3.50 during the day
Now that his team has a gym avail
able throughout the week, Manager
Willie Andrews Is ready to schedule the
best unlimited foes for his National
Circle uaint at Lincoln 1892.
Yorkes Of Boys Climb League are also
searching for games In their class. Cal
Main 1894 for arrangements.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-17
MARYLAND u. LOSES
SEVERAL ATHLETES

Midyear examinations cost the Uni.
versity Of Maryland a number of ath.
letes who were counted upon for teams
this Spring and next Fall.
Paul Fellows and Howard Kinnanor.
high hurdle aspirants. failed to make
the scholastic grade and had to leave
school. Failure of Joseph Fouts, half
miller, and Charles zacherie, sprinter.
to. return. and the withdrawal from
school Of Shaw Blackstone. quarter
miller, previously had hit the track team
Bernard Rosen. regular backstop for
the freshman team last Spring. and
Farrell Bromley, who was on the 1929
varsity squad, also were lost. Bob
Camera. hard-hitting outfielder Of the
1923 freshman nine. also failed to re-
turn.
JEFF Dix. who was candidate for the
center position on the lacrosse team.
failed and had to withdraw.
Blackstone. a halfback, and Dix, end
also were with the varsity foot bar
squad last Fall. and promised to de-
yelop into valuable men for the 1892
campaign.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-17
GEORGETOWN BOXERS
ARE BEATEN BY YALE

NEW HAVEN, Conn, February TO-
Yale won a boxing meet today by the
score OF five bouts to one from George
town in their first meeting in the ring.
The visitors were successful In only
the heavyweight contest, In which
Pozzo was awarded victory on slen-
der margin Of points. over Gilbert Heu-
blein OF Yale. ...l.,
The best boxing was done by nichols
Of Yale against Tierney Of Georgetown
In the l58-pound class.
Nichols SPARED the washington mid
dleweiglit to a StAndstill In the first
and second rounds, but loafed In the
third.
In the Gatyas- Murphy fight at las
pounds an extra round was ordered.
The referee stopped the Newman
Davis clash at lis pounds In the Sec
ofd round and awarded 1t to the for
mer on technical knockout.
Fogerty of Georgetown had easily
outboxed Jones In the 125-pound class
and assured a decision when he ex-
hibited unnecessary roushfess and was
disqualified.
Summaries:
11s-pOuud class--Newman, Yale, defeated
Davis, on technical knockout
lg5-pou1d class--Jonss, Yale, awarded de-
is5 -pound .:cornslller. Yale, awarded
defIsiSn Sysr Msdden wy. defeated
Mi5Ra Ssu Sa Dsass n lsssi WIZ defeated
i7b-poHnd ciass--Pozzo, GEORGETOWN, de.
feated Heublein on points.