davidaulloa/AmericanStories huggingface dataset:
New Britain herald., 1929-04-17

In reference to the check for $l7,- ee95, which Egan cashed. Alcorn said it was a peculiar procedure for him to go out and cash these checks Tor Watkins"
 Case May End Today Why did Egan have to cash these cheeks? The fact is that Egan took the money for the purpose of con- cealing it
 Judge William c. Hyde made the argument for the defense, opening when Judge Wolfe took the bench. The case was expected to be ended during the afternoon. MT. Hyde started by telling of the transactions between Egan and Watkins. He said DO conspiracy had been proved. He said that if Egan had all the money Watkins had said he gave him. Egan would not have complained about l, to Healy. Watkins. the attorney said, had told Egan that he bought diamonds with the money he recelv- ed Egan, said MT. Hyde, acted throughout as attorney for Watkins and regardless of how the state look ed at transactions, 'the worst that could be said of them was that Egan accepted money under false pretens- es, never in conspiracy
 About cashing the check for S5,- 500 on April 1, the day before Wat kns left, he said that this may not be a criminal act, but is was at least unethical.'
 Mr. Hyde said that Egan suggest ed only that Watkins leave for d week end because he was nervous and had no idea that Watkins would duck out" He said that the advice Esan gave to C. H. Barber, who came east to aid Watkins, was sound advice for Egan to give Bar ber."
 In his final summing up Mir. Hyde said that Egan acted as attorney for Watkins and whatever he did he did at Watkins request.
 Mr. Alcorn in resuming his argu- ment, after recess, said Il feel It would be a serious miscarriage of justice if Egan is not convicted. He said E.gan did not deal honestly with his clients for at the same time he was serving Watkins He said that when Watkins left Hartford the idea of Egan was: You get out and get away and I'll take care of the money"
 Contents of Black Bag Unknown
 MT. Alcorn condemned methods used by Egan in regard to a black bag which Mrs. Watkins gave him at Santa Fe, and which the state claims held securities and valuable papers. He said: "The state does not know what it contained and never will
 Further on MT Alcorn said If Watkins deserved what he got the man who assisted him should have got the same.'
 In reference to C. H. Barber, the state attorney said that he believed Barber was "honest in his effort to help his friend and honest in his testimony
 Barber hn said "came east 10 see Egan and he cid not expect to see
New Britain herald., 1929-04-17
GERMANY MAKES NEW
 PREPARATIONS OFFER
Would Pay Billion Marks Less . Year for Only 37 YeaFs-Dr,
 Schacht Presents Plan. :.

Paris. April IT @ = Germany's counter plan for paying her world war reparations, presented to the allied experts of the second Dawes committee by Dr. Schacht, chief or the German delegation, this after noon. is understood to offer about enc billion marks less per year than the creditors demanded.
 Payments would continue S7 years instead of the 5S years proposed by the allies in their memorandum. The German offer envisaged an- nuities beginning at 1.1OO,OOO.oOO marks and rising to l.450.O00.000 marks.
 Dr. Schacht seemed in an affable humor when he arrived at the hotel George V, where the committee has been meeting. He submitted with good grace and smiles to being photographed.
New Britain herald., 1929-04-17

a crook. He was spending his own money to help a friend" One of the parting references to Egan made by Alcorn was that he was "A big birffer."
 When Mir Alcorn ended Judge Wolfe recessed the court until aft- ernoon.
New Britain herald., 1929-04-17
INJURED. FLAMES CITY

Mrs. Annie Case, who tripped ana fell over building materials stored in front of the Senior High schooI addition job, has notified Town Clerk Alfred l.. Thompson that she will look to the city for damages She suffered cuts on the nose, bru,s- es about the face and limbs and sprained two fingers on her right hand.
New Britain herald., 1929-04-17
BELyEDERE MINISTRIES

The Belvedere Minstrels will pre- sent the feature attraction at show which will be presented at tho Central Junior High school under the auspices of the Civic league of the school Friday night of this week.
 Some of the features Of the show are solos by Elmer Johnson and numbers by the Belvedere quartet.
New Britain herald., 1929-04-17
CHURCH SUPPER THURSDAY

The last church supper of the sea- son will be held at the South Con- eregational church at 6:30 o'clock Thursday night. Mrs. Preston Bailey directress of the Community Hous, at Storrs college will speak on "One Weeks Activities" Some old fash toned melodies will be given by home talent.
New Britain herald., 1929-04-17
MARRIAGE LICENSES

Applications for marriage licenses have been made by the following: Rocco F. Scali of Meriden. and Helen M, Zelak of 1106 Stanley street: Armedas A. Talbot of New Hartford and Anna H. Dastych. also of New Hartford.
New Britain herald., 1929-04-17
CITIZENSHIP CLASS
 MAKING PROGRESS
(Continued from First Page)

The petition of Andrew Szczepan- ski was dismissed by the court, whereas his wife was admitted to citizenship. In this case. the court saw fit to dismiss the petitioner on the ground of violation of the liquor law on two occasions within the past three or four years. There are six children in the family.
 Papers Held Up
 Various complications including liability to read English. prevented Neshan Harutunian from receiving his Anal papery and his case was
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-22
Public Utilities

Special Dispatch to The Star.
NEW YORK, March 22.-Gross earn
ings of Commonwealth Power Corpor-
alton and subsidiaries for February to-
tailed SIS, 462 ,479, compared with $4,954,-
458 in February, 1928. Net earnings
for February were $2.748.1 contrast
ed with $2,462, 876 in February. 1928.
For the II months ended February %,
gross earnings amounted to $50 1877,
against S54,020022 for the preceding
II months. Earnings applicable to divi-
dends after provision for retirement re-
serve amounted to Sl2.756,135, equiva-
lent to s25.51 per share on the 500, 900
shares of preferred stock and 1898
per share. on the 1.645,054 shares of
common stock outstanding February 20,
1929, compared with 1888 and $4.15
per share respectively for the same
period, based on the same number
of shares in the year before.
American Light & Traction Co. and
subsidiaries report for year ending De-
cember 81, 1928, net income OF $9,225,-
1873, after depreciation, taxes, interest
and reserve for contingencies compared
with $7,2421S2 in 1927. This is equiva-
lent after deduction of preferred divi-
bends to $1217 share on 69l $50
common shares compared with $l2.22
a share on 522,6 38 common shares in
1927. Earnings for 1928 do not in
clude s8,099.3s7 profit on sale OF Sc
curities.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-22
WHEAT VALUES DROP
IN EARLY TRADING
Belief in Better Crop Prospects
Causes General Selling
Move.

BY the Associated Press.
CHICAGO, March 22-General SELL
ing carried wheat prices sharply down.
ward early today, but on the declines
numerous speculative raiders turned
buyers to collect profits. In some
quarters. 1t was contended present crop
prospects for domestic Winter wheat
were better than average, taken as q
whole. Opening " to l cent lower,
wheat afterward rallied somewhat.
Corn, oats and provisions were easy,
with corn starting "a cent of to a
shade up, and later keeping near
initial figures.
In addition to bearish aspects Of vari-
Gus domestic crop reports today, con-
siderable talk was current that friends
of higher prices for wheat had already
discounted the advantage looked for
from farm relief legislation. Meanwhile,
Liverpool wheat quotations were prov
ing responsive to price setbacks here,
and absence Of milling demand abroad
was noted, with Argentine shipments
this week increased almost 2,500, 900
bushels over last week.
Moisture indicated for the greater
part Of domestic wheat territory tonight
and tomorrow, with temperatures con-
tinuing favorable, tended to give a
further advantage to the selling side of
the market, but at times it required
only moderate buying to bring about
rallies. In this connection some Chi
cago crop. experts touring in Kansas
sent word today that over q large part
of the State wheat growth was small
that a number of fields were badly
blown and that in places the farmers
were blowing ridges to obstruct soil
drifting.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-22
CURB. SPEC|ALT|ES
REGISTER ADVANCE
Trans America and Goldman
Sachs Are Favorites
in Buying.
BY HARRY H. BECKER.
Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, March 22.-The in
crease In brokers loans TO a new high
record total appeared to exert more
weight in speculative calculations on
the Curb Exchange today than the
news that no change had been made in
the local bank rate.
Price movements we're characterized
by successive rallies and declines, with
neither Of sufiicient extent or duration
to influence outside participation.
Despite the uneven fluctuations, few
stocks stood out In bold contrast to the
general list. Trans-America performed
impressively. with special buying sup
posed to be discounting some sort Of
distribution from the proceeds of its
Bank of America holdings, which are
expected to be transferred as a result of
the Blair merger with that institution.
Goldman Sachs also distinguished it
self. Othr shares which responded to
individual developments include Ameri-
can Brown Boveri Founders Consoli-
dated Laundries and Lazarus, all max
ing new tops for the year.
Reactionary tendencies appeared again
In the metal group, as well as in the
aviation and utility stocks Newmont,
New Jersey Zinc and Anglo Chilean Nj
trate were under heavy pressure. Ana
conda Copper rights were transferred to
the big board. Such former leaders as
Aviation Corporation of America, Elec-
trio Bond g. Share, Northeastern Power
and International Telephone g. Tele-
graph also yielded more ground. Ford
Of Canada had another of its character
istic declines, while Auburn lost most OF
its recent advance under profit-taking
Firestone continued an exception, with
another sharp squirt.
SteadineSs featured the oil section.
Standard of Indiana sold ex the SO per
cent stock dividend and opened at 50,
then going higher. The initial quota
ton equaled the closing quotation Of
Thursday before the dividend came off
Vacuum and Humble were quieter, but
held nearly all the late gain, while Gulf
Oil of Pennsylvania rose several points.
Cities Service issues were also well sup
ported.
Other features included a sudden run
up in Sidney Blumenthal, and in Gel
anesf, but the movements failed to at
tract following. Zenith Radio and
Grigsby- Grunow did poorly. The for
mer at one time was nearly points
lower on the day. Fajardo Sugar was
another sore spot. Declines were less
severe in Bohn Aluminium, st. Regis
Paper, Trans-Lux, Lehigh Coal and
Navigation, Safe T-Stat and Checker
Cab Roosevelt Field, q new listing, was
active around its Introductory price
of 10. & 81
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-22
AMERICAN FOREIGN
INVESTMENTS GROW

The phenomenal growth. Of American
foreign investments, which exceeded
$4,000, 900 900 during 1928 and reached
the new high level Of 1901 200, 900 on
January last, should in itself give no
cause for alarm, in the opinion OF DR..
Max Winkler, whose annual compilation
of American overseas financing Is pub
lished by the Foreign Policy Association
today.
"There are many who remind us OF
the dangers of continuing to pile up IN
vestf1ents In foreign countries" DR..
Winkler states. I'VE must not lose sight
of the fact, however. that prior to the
World War Great Britain's foreign in
vestments aggregated about $40, 00O, 0O0,--
600: that those of France totaled about
$4,000 000, 900, and that those OF Ger
many amounted to more than $4,000
0O0, 700. Taking into account the
changes in the purchasing power OF the
dollar in the last decade and half, our
foreign lending Is not so alarmingly
large as some people are inclined to be-
lieve.
Our annual lendings abroad" DR.
Winkler continues, amount to less than
SIT per capita, as compared to an esti-
mated per capita wealth Of $4,000, an
estimated annual income of $3.50 per
capita and an estimated annual saw
ings Of $l67 per capita"
American loans, which are used FOL
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-22
W., B. & A. REPORT.

BALTIMORE, March % (SpeciaD -
Loss in passenger traffic, due to lncreas-
ing use of both buses and privately
owned automobiles, between Baltimore
and Washington is responsible for the
decline in earnings of the Washington,
Baltimore g. Annapolis Electric Rail-
road, according to the annual report Of
Herbert A. Wagner, president OF the
company.
Like other interurban railways, 1t was
pointed out this company is suffering
from the inroads of the privately owned
automobile, in conjunction with the
great improvement Of State highway
systems. Economies in operating, al
though considerable in amount, have so
far been insufficient to Offset all losses
In revenue, 1t was asserted.
Surplus at the beginning of the year
was $6s9, PISA. After deducting the
deficit for the year and a further net
deduction of $3e,359.59, the company's
surplus on December 81. 1923, stood at
1892 ,586.74. The consolidated condensed
balance sheet shows current assets of
1927 ,283, compared with current liabili-
ties of $492, $50. Passengers carried In
1928 totaled 3.S47,505, compared with
3,780;888 In 1927 and 3,87l 500 In 1925.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-22
Special Dispatch to The star.

Special Dispatch to The star.
BALTIMORE, Md, March 22.-Po-
tatoes, white. 100 pounds, 75a1.25: yams,
barrel, 2.50a4.50: sweet potatoes, barrel,
1.50a3.50; asparagus, dozen, 3.00a9.0 90;
beets, crate, 2.50a2.75;, beans, bushel,
2.00a4.00; cabbages, hamper, Local so;
carrots. bushel. 1.50a1.75; celery, crate,
2.00a3.00; caulihower, crate. 2.00a2.50;
eggplant, crate, 2.00a4.00; kale, barrel.
90a125; lettuce, hamper. 75a1.75; lima
beans, bushel, 4.00a5 90: onions, 100
pounds. 3.5oa5.oo: oysterplants. 100,
S.ooal0.00: 1parsnips. basket. GOATS:
peas, bushef,. 2.n0a2.75; peppers. crate,
1.5oa350; radishes, bushel, 1.25a2.25;
squash, crate. 1.50a3.5o; spinach, bushel.
75aso: tomatoes, crate. 1.0oa5.o0: tur-
400; cranberries, half barrel, 7.00aS.00;
grapefruit, box, 2.00a3.25; tangerines.
half box, 1.25a3.0o; oranges. box, 2.25a
400; Strawberries, quart, 25a50.
Dairy Markets.
Poultry alive-Young turkeys. 35a43:
old. 25a3S; young chickens, 38a46; thin
and poor, 25a38; old hens, s31a33; leg
horns, 3oa32; ducks, 2oa32; guinea
fowls, each, 50a1 90; pigeons, pair, 35a40.
Dressed turkeys-Young. pound, 35a45 !:
old, 25a40; chickens, young, 35a40; OLD
and mixed, 30a35: capons. 35a45; old
ROSTERS, 20; ducks, 25a30.
Eggs-Receipts, 1888 cases: native
and nearby firsts, free cases. dozen. 2S
a2S12; current receipts, 25a26.
Butter-Good to fancy creamery
pound, 45a50; prints. 51a52; blocks, 90
a5l; ladies. SASS; store packed, 30a3l
rolls. 30a32; dairy prints, 30a32; proc
ess butter, 41a42.
Hay and Grain Prices.
wheat-No. . red Winter, garlicky,
spot, l.3l: March delivery, 1.3l.
Corn-No. 2 export, March delivery
no quotation; No. yellow, domestic,
spot, 10ea1.l0: cob corn, 5.2Sa550.
Oats-No. white, domestic, spot
5Sa58I2; No. 8 white, domestic, spot
5s1aa57.
Rye-Nearby. 1.10a1 20.
Hay-Receipts, none. 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 be
ing received. There Is not enough busi'
ness passing to establish prices on the
various kinds on merit at a range oil
15.o0a16.00 per ton Of timothy or clover
hay.
Straw-No. wheat. l200a12.50 PEI
ton; No. oat, 12.50al3.00 per ton.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-22
DISCOUNT RATES LOWER
THAN ACCEPTANCES FEE
Special Dispatch to The star.

Special Dispatch to The Star.
NEW YORK. March 22.-Familiarity
with the prolonged discussion of Federal
reserve rediscount rates has produced a
certain amount of Wall Street contempt
for the subject. While 1t was not as
actively talked about yesterday as before
other meetings OF the Federal reserve
directors in New York, the action of
the money market suggested more
prospect Of a change than In previous
weeks. For one thing, rates on bank
ers' acceptances were advanced Il per
cent all around after remaining sta
tionary for nearly q month. This move
was made in order to attract more buy
ers into the market for bills, which is
in strong competition with that for call
money.
The effect Of the advance, however,
Is ito place bankers acceptances q to
q above the discount rate, which is re-
garded as an anomalous situation and
one that seems likely to bring out
strong argument for 8 per cent Fed
eral reserve rate.
The last change in this rate was made
on July IL, 1928. Since then time
money rates have gone from 534 per
cent to 8 per cent and bankers accept
ances from Az per cent to 5ss per cent.
The call money market meantime has
ranged between Az per cent and IL per
cent, with the lowest rate 50 far this
year per cent. In the first three
weeks of March the average renewal
rate has been nearly 81 per cent. or
the highest average so far. This Is re-
garded as q truer indication Of the
scarcity of money than is suggested in
the Federal reserve rate.
In the past week there has been less
objection voiced by bankers to an adj
vance In the Federal reserve rate than
was heard earlier in the month. 1t is
popularity supposed that the recon-
mendation of the New York directors
to raise their rate to per cent last
month was opposed by Treasury off,
cials, who realized that such rate
would make their March is financing
dif1cult. This has now been accom-
plished. With it there is q growing be-
lief that an official rate Of per cent
will not be harmful to business. which
has been forced to pay anywhere from
u to per cent over the rediscount rate
for It's borrowings for many months.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-22
U. S. AUTOMOBILE OUTPUT
IN FEBRUARY IS RECORD

BY the Associated Press.
Automobile monthly production rec
ords were shattered by American max
ers in February.
The Commerce Department reported
that the total output of automobiles for
the month was 466,064. The previous
high record, set in August, 1928. was
46l, 298 machines. Last years output
In February was 323,798 cars and
trucks. while January output this year
was 400,7l9.
The Canadian production Of automo-
biles Is likewise running high, being
3l,287 in February against 12,504 in
February last year. but the total OF Feb
ruary output in Canada was exceeded
in that country last May, with 33,s42
cars and trucks.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-22

productive purposes abroad. benefit both
borrower and lender, according to DR..
Winkler. 1T Is more than a coinci-
dence." he states, that American invest
ments abroad, both political and COM
mercial, made between 1914 and 1928,
correspond almost exactly to the aggre-
gate excess of our exports over our i'm
ports for the same period.
Americas total foreign investments
have reached new high figure,
amounting at the end Of 1928 to SIS
COL 100000, as compared with s14,500.-
100000 at the end of 1927, and with
S2,625 100000 prior to the war. The
present total, high though it may ap-
pear, is still about $4,000, 900, 900 below
Great Britain's foreign investments in
1918. Our foreign investments are dis
tributed as follows:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-22
COPPER PRICES RAISED AGAIN

NEW YORK. March 20 (P).-Refined
copper prices reached new postwar
peak today when the metal sold for "a
cents q pound, domestic, an advance Of
l cent a pound, after consumers had
bought practically all Of the metal Of
fered at % cents. The previous post
war record for domestic copper was % "
cents, attained In 1919.
Copper for export was quoted ut
233s cents a pound, but 1t was expected
to climb in line with the domestic quo
tations. Heavy foreign buying has been
one of the chief factors In the recent
upward price movement.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-22
Oil OUTPUT Curtailment.

NEW YORK, March ~ OFp. - Sir
Henri Deterding, managing director of
the Royal Dutch-Shell group of oil
companies, has accepted an invitation
Of the American Petroleum Institute to
participate In conferences on oil pro-
duction curtailment, to be held In New
York next week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-22
Heads Oil Company.

NEW YORK, March % LP).-C. M.
Fuller, formerly vice president and gen.
eral manager of the Richfield Oil Co.
OF California, has been elected president
of that company, to succeed James A.
Talbot, who becomes chairman Of the
board. The shift in titles means no
change in operations. Mr.. Talbot said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-22
Commodity Notes


FORT WORTH, March 22.-Cham-
pion live stock of the 1929 Southwestern
Exposition and Fat Stock Show here
brought the highest prices ever paid in
the South. The grand champion steer
shorthorn, was sold to railroad fol-
i$3.15 per pound. Last year the grand
champion brought go cents. Spirited
bidding, participated in by dining car
services, hotels and clubs featured the
sale of the various champions.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-22
Savings Interest Increased.

BALTIMORE, March % (SpeciaD -
Savings banks of Baltimore are raising
interest rates on deposits. Several al
ready have announced that the rate Tor
1929 will be per cent regular and "a
Der cent extra. Others are expected to
take similar action In the near future.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-22
Will Expand Plant.

NEW YORK, March % GR.-Muske-
gon Piston Rings Co., Muskegon, Mich.
is planning to increase It's plant and
productive capacity about SO per cent
in order to meet demands. It's Gus
toners include the Ford Motor Co. and
Chevrolet Motor Car Co.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-22
Textiles.

ATLANTA-TheL onsdale Co., oper-
ating six mills in New England and the
Carolinas, with a total of 337,772
spindles, has purchased an 889-acre site
on the Chattahoochee River near
Gainesville, Ga, on which 1t will erect
at once 50,000-spindle unit Of q big
textile development.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-22
Motor Company Expands.

NEW YORK. March % R.-The
Hupp Motor Car Corporation has &C.
quired the Atlas Manufacturing Co
plant at Fostoria Ohio, and plans to
install 100000 of new equipment for
making crankshafts there.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-22
Steel.

YOUNGSTOWN pipemaking
branch seems to be the one weak de-
partment in the Mahoning Valley steel
Industry. resulting from the slackening
up OF the new drillings, due to over
production of crude oil. Only IL Of the
20 pipe mills in the valley are oper-
ating.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-22
Tobacco.

WESTON, Mo-Recent rains have
permitted the packing in cases OF the
remainder of Blatte County's tobacco
crop, about 100000 pounds. It will be
shipped to Kentucky markets.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-03-22
COTTON PRICES FIRM
IN OPENING SALES
Covering and Commission House
Buying Follow Reports Of
Rains.

BY the Associated Press.
NEW YORK, March 22.-Cotton
opend steady today at unchanged
prices to an advance of IA points on
covering and commission house buying.
stimulated by reports of rains in the
South and relatively firm Liverpool ca
bles.
Active months sold 10 to Is points
net higher right after the opening. but
the advance brought in a good deal OF
realizing. There was also considerable
near-month liquidation and prices soon
turned easier BY the end Of the first
half hour. March had sold of from
2l.25 to 21,09, or back to yesterdays
closing quotation. Later months had
reacted some 10 or IL points from the
early advance.
Private cables said Liverpool had ad-
vanced on covering and general buying
on the Southern rain news.
SILVER QUOTATIONS.
NEW YORK. March ~ Lp).-Bar sill
lA1I