davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-09
BANK TO AUCTION
BLOCK OF STOCK
Chase National Will Sell Ex-
ira Shares Resulting From
Big Merger.
Special Dispatch to The star.

special Dispatch TO The star.
NEW YORK. May "a portion Of
the increased stock of the Chase Ma
tional Bank to be issued in connection
with the Chase quita Interstate
merger will be sold at public auction, 1t
was announced following meeting OF
directors of the Chase National. The
stock to be auctioned amounts to 34,980
share units of Chase National Bank
stock (S20 par value) and Chase Sc
curities Corporation mo par value) rep
resenting the balance of stock in
crease after an exchange of shares with
the Equitable Trust Co. and Interstate
Trust Co.
The consolidation plan of the three
institutions calls for an increase of the
capital stock of Chase National Bank
from sos, 000, 900. consisting of $780,
600 shares. to $148, 900 900, consisting of
7,4OO,O 900 shares. OF the 2,150,000 addi-
tional shares, 1000 900 are to be allot-
ted pro rata to Equitable shareholders
on the basis of shares of Chase for
every five shares of Equitable and 49,
0l9.20 shares are to be allotted pro rata
to Interstate shareholders on the basis
of 32-100ths of share of Chase for
each share of Interstate.
The remaining stock will be sold at
public auction in "a lots of 1000 shares
each and one lot of 980.80 shares, on
May 20.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-09
STOCKS.
BONDS.

tCopyrisht, 1880. standard Statistics Coz
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-09
SLUMP REPORTED
IN SAVINGS TOTALS
Chicago Area Figures Are
Below 1929 Deposits by
About 3 Per Cent.
DISPATCH to The Star.

Special Dispatch to The Star.
CHICAGO, May 9.-Seventh district
savings deposits at 1874 banks on April
were per cent below the correspond
ing month of 1929, though totaling
slightly in excess of the March flg-
ure In the comparison with last year
all States registered a decline, while in
that with a month previous Illinois.
Indiana and Michigan showed small
gains.
The number of depositors increased
over a year ago In Indiana, Iowa and
Wisconsin, the declines in the other two
States, however. resulting in small
loss for the district; the number of &C
counts showed little change as COM
pared with March l. The average &C
count for all banks was more than 2
per cent under that of April /, 1923.
Individually, the heaviest decrease OF Z
per cent was recorded by Wisconsin.
All States, with the exception of Wis
consin, registered a slight increase IN
this item over the preceding month.
Regular savings deposits at % re-
porting banks in Chicago on April l
increased more than three and one
half million dollars over the figure OF
a month pervious, although accounts
we're approximately 1000 less in num-
Der,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-09
PRICES ARE MIXED
Y IN CURB TRADING
Market Turns Irregular in
Dull Day-UtiIities Are
Feature. 4NA
BY JOHN A. CRONE.

Special Dispatch to The Star.
NEW YORK, May 9.-Curb stocks
pursued an irregular course in extreme
" dull trading today. Fluctuations
were small and while advances were
in the majority, they hardly revealed
q definite upward trend.
One effect of this weeks $200, 000,-
900 reduction in brokers loans was to
narrow the spread between the price
of call money on the Stock Exchange
and at the Curb Exchange money post.
This was held at one-half per cent for
the first few days, but now that banks
with huge sums to invest are seeking
placement of funds at rates above the
big boards official rate, some loans
are going on the curb at only one
quarter per cent above the big board
rate.
The oficial call money rate on the
curb today was 315 per cent, with loans
of the floor going at az to 3M per
cent.
Electric Bond e. Share and Asso-
ciated Gas were the only stocks to
sell in large blocks at the opening
Their initial prices revealed fractional
fluctuations, which were soon Cancelled,
but they later rose to net gains on
the day. An analysis of the public
utilities list showed IA stocks higher
by O shade 3 lower by similar amount
and 20 unchanged.
The same situation applied to the
industrials, with issues showing
slight gain in early trading, a lower
level and IL unchanged. Segal Lock
& Hardware, however, was brilliantly
active against the solidity of the rest
Of the list. 1t ran up to new high
for 1880 In a series of heavy trans
actions on expectations of an increased
earnings report. General Electric. Ltd,
receipts, being equivalent to ordinary
shares, were also active and higher on
the London Stock Exchanges favor
able Interpretation of the speech Of
the chairman, Sir Hugo Hirst, on
Thursday.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-09
GENERAL MOTORS SHOWS
INCREASE IN SURPLUS

BY the Associated Press.
NEW YORK. May General Motors
Corporation sales for the first quarter
:otaled $3.50 ,554,453, or approximately
SOS, 900, 900 less than in the like period
last year. according to a report issued
to stockholders by Alfred p. Sloan, pres
ident.
The company's surplus at the end of
the quarter was $500, ,846, compared
with $380,560,273 at the end of 1929,
and with 1910, 1855 on March 81 last
year. The balance sheet showed total
assets March 81 this year as $685.
412,755, compared with $l,324,889, 764
December 81 last.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-09
GRAIN MARKET

CHICAGO. May 9 LP-Indications
of large export business in North
American wheat brought about an up
ward trend of wheat prices today to-
ward the last, despite preceding set
backs. Accompanying the late rise
were estimates that Italy's wheat pro-
duction this season would be 37,000,0 900
bushels less than harvested last year.
There were also advices that dry weather
is much needed in France.
Wheat closed unsettled 14a7s cent
higher than yesterdays finish. Corn
closed 15als cent down, oats, 1sass
cent off, and provisions unchanged to
10 cents decline.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-09
Washington Produce

Butter-One-pound prints, 41a42;
tub. 39I2a4012.
Eggs-Hennery, 26a27; current re-
ceipts, 23a24.
Poultry, alive-Turkeys, hens, IS:
toms. 22a23; Spring broilers, ISAAC;
Winter chickens. 32a35; Leghorns, asa
"a; old hens, 25a26: capons, 32a35
ducks, 15al6 keats. 60a65. Dressed
Turkeys, young, 37a38; old, 30a32;
Spring broilers 46a48: Winter chickens,
27a38; Ieghorns. 36a37; fowls, 80;
capons. 35a40; ducks, 25a26; keats,
80a90.
Meats, fresh killed-Beef, 20a23: veal,
20a22 lamb. % pork loins, 25a28;
fresh hams, 24a25; fresh shoulders, %;
smoked hams, 26; smoked shoulders,
20a22; bacon, IS; lard, in packages, 10;
in bulk, IL.
Live stock-Calves, sasIa; Spring
lambs, 11a12.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-09
SILVER QUOTATIONS.

NEW YORK, May 8 (R.-Bar silver,
Ala.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-09
NEW YORK COTTON

NEW YORK, May 9 (SpeciaD. -
Partial relief in drought sections east
of the river with heavy rains in Missis-
sippi caused an easier cotton market
today. AS there was no change in the
old crop position selling pressure was
not heavy enough to cause much de-
cline and a late recovery left final
prices only few points lower on the
day.
Spots we're reduced points to 1856.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-09
PARIS BOURsE PRICES.

PARIS, May 9 Cp).-Prices were easy
on the Bourse today. Three per cent
rentes, 81 francs; per cent loan, 10l
francs rs confines
Exchange on London, 1913 francs 6712
centimes. The dollar was quoted at IS
francs 49A centHneS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-09
CHICAGO STOCK MARKET

BY the Associated Press.
CHICAGO, May 9.-Following is the
complete official list of transactions in
stocks on the Chicago Stock Exchange
today:
aaIae in
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-09

$4,000 insult Util 6s 40 -. 100 1851 1851
5000 South U Gas Gas SO 1929 1921 1929
Bond sales today, $4,000
The Alaskan., 1930-06-13
"BALLYHOOVER" From The Nation

The Hoover administration is bankrupt intellectually, moral ly, and politically. Lacking sturdy moral principles and a consider ed plan of action, it has failed to offer to congress and the coun- try a sorely needed leadership;
 and today, at the end of only fourteen months, it finds itself discredited in the eyes of all classes of people. The business men who put up money to elect MT. Hoover on the theory that they were getting a great busi-
The Alaskan., 1930-06-13

However, there is no difference of opinion among us. The polit- ical issue has always been a busi- ness issue. Heretofore the hurt has been felt only by the laborer. But the higher ups" of the com mercial clubs cannot escape the same economic hurts. That is what caused the Chronicle to sound it's note of warning. What the Chronicle says about ''No Alaska labor is used," is just as true of the cannery business with their huge traps, contract labor, outside supplies of piling, groc- cries, boxes, and now cans to "care for the needs of Alaska"
The Alaskan., 1930-06-13

ness executive with "an engin- eering mind" are becoming dis gusted with his inability to de- liver the goods, though publicly they may place the blame else where. The faithful party work CTS who run campaigns and win elections are disturbed and con- fused by his lack of political sense. The plain men who voted for him in the comfortable aS- Surance Of a continuance of Coolidge pr osperity now listen resentfully to the blare of the loud speaker predicting good
 times just around the corner, while they study the red figures
 in their little profit-and-loss ac- counts or tramp the streets look
 ing for a job. The farmers, granted the ineffable boon of the Farm Board, are trading in
 their dollar wheat for the stone Iof the Grundy tariff. The pro- hibitionists, who were going to
 see the prohibition law enforc-
 ed, see what they see. The peace
 lovers and the taxpayers of the
 country, who looked forward to
 a Quaker president reducing
 needless military burdens, see
 the fiaSCO of London and the big
 navy advocates planning to take
 advantage of it and build up to
 parity with Great Britain. There
The Alaskan., 1930-06-13
THE BRITISH COLUMBIA
 POLICY

The Canadian fishery policy has always been held up to the American salmon packers and to the U. $. Bureau of Fisheries and it's czar, Henry O'Malley That Alaskans and other Ameri- cans may know and understand the Canadian system of con- servation we refer to their off, cial statement as published in the February issue of the Pacific Fisherman:
 "The study We have given and the meetings that have been held have convinced us that this
The Alaskan., 1930-06-13

in 1929 other than to sons of fishermen who have reached the age of sixteen years. The object of which regulation is to insure maximum fishing hours to a minimum number of fishermen with a f1ve-day week. This idea was incorporated in the new Canadian regulations. With the
 limitation on the number of fish,
 ermen's licenses issued was a
 limitation on the number of can-
 nery licenses. "The more can nery licenses issued, the greater will be the amount of gear in the water, thereby continuing the vicious circle of more fisher
 men and fewer fishing days, all
 so less fish for each cannery, all though overhead expenses re- main the same. CONSERVATION WITHOUT ECONOMICAL PRO- tDUCTION IS OF NO VALUE TO
 EITHER THE FISHERMEN, OP- l TRAITORS, OR THE PUBLIC AT LARGE"
The Alaskan., 1930-06-13

king salmon under six pounds or from destroying herring and oth- CT food fishes not otherwise can ned for food purposes; there is no prohibition as to the depth of trap lead; there is no prohibition against the use of meshes in lead or the trap itself to prevent the destruction of millions of smaller salmon of all species and the de- struction of every other kind of fish that hits into the traps.
 Get Down on Your Knees
 Yet there are business men who object to any criticism of O'Malley's abuse of his authority and discrimination aganst resi- dent fishermen. It will not be long before AlaSkans will be com manded to get down on their knees to the king of Alaska $ fisheries and sings Praise God from Whom All Blessings Flow
The Alaskan., 1930-06-13

where we approach the whole situation. I repeat, we approach it from the standpoint that if we
 can do anything that will give the fishermen greater working hours or full working hours, and at the same time that the plant may be working equally-if we can do anything to help that, we feel that that is the vital point" !"
The Alaskan., 1930-06-13
EDWARD G. MORRISSEY

The above editorial was not written by William L. Paul, or by any one connected with The Alaskan as many people would suppose, but by Edward G. Mor- riSSey, editor of the Ketchikan and published on the 3rd of March of this year.
The Alaskan., 1930-06-13
AS VIEWED BY THE CANADI-
 AN FISH COMMISSIONER


 The Hon. s. L. Howe, Canadian Commissioner of Fisheries in pre- Senting his views on the fisheries ISituaton in Canada declared: The government has given a lot 'of consideration to the whole subject. We find that an indus try which SHOULD be growing and enlarging is going the other way. We find that the supply of fish is gradually decreasing. We find that the fishermen who take , the fish out of the water are con- fined to five days a week, and that there is a possibility that if things go on the way they are going, he may be able to fish on- ly three days a week instead of five. That is not healthy.
 "The province is confined to certain powers that are within the jurisdiction of the province, and the others are in the Domin- ion. We cannot control the whole industry. We cannot control the number of licenses that the Do- miniOn cares to issue. That may be unfortunate. If we had sole control we might approach the subject from a different angle, but we are bound to confine our selves and deal with it as a gov ernment so far as the jurisdic- tion of the government goes, and We can go no farther.
 If you overfish a certain sec- tion the hours of fishing are cut down. That means that there is a very great chance that the fish ermen may be cut down to even three days a week fishing. I do not think that is what they want l think they want the maximum fishing hours and to make the most money in the season that they can make. That is what any man is in business for. He wants to make money.
 If that be true of the fisher men, it must also be true of the operator IF WE WISH TO STA BLIzE MATTERS IN THIS PROVINCE, NOT ONLY IN THE FISHING INDUSTRY, BUT IN ANY RESOURCE THAT WE HAVE, AND IF WE WISH TO EN- COURAGE CAPITAL INTO THIS PROVINCE, THERE IS ONLY ONE WAY TO DO TT AND THAT IS TO HAVE SOUND, STABLE CONDITIONS, LAWS AND RE- GULATIONS. When capital goes to a field for investment it looks into all those things. x Now we have in the fishing industry as near as can find, something like $25,000,OOO of vested inter -estS in this province. That mon ey is not all within the province but from outside and, therefore, is capital that has come into the province. It seems to me we have to respect that along with | trying to give the fishermen full | working hours per week. We must also try and see that in- visitors of capital are working their plants more than three days a week because they have the plant, overhead and supplies, and have made arrangements for the season, and that all costs and if any industry is go ing to succeed, it has to at least |, pay That is where we start and |.
The Alaskan., 1930-06-13
ALASKA WILL DEMAND ITS
 SHARE From The Ketchikan ChrOnicls


 Representing the Chamber of Commerce, with the hope of in ducing the American Can Com |pany to establish a factory in Ketchikan to care for the needs of the salmon industry, the com mittee left for Seattle this morn ing on the Princess Mary.
 Newspaper reports from Seat tie during the last ten days have indicated that this can company has started the construction of a large plant in Seattle to "care for the needs of Alaska"
 Business men of Alaska gen. erally have shown a resentment that this company or any other should establish outside of the Territory a plant to "care for the needs of Alaska"
 It has been pointed out that in Southeastern Alaska some $3 ,000, 900 worth of cans are used an- nually. No Alaska labor is used No revenue is derived by the Ter ritory. The sawmills of the Ter ritOry are deprived of business that otherwise would be theirs l The total value of cans used in the whole Territory is consider ably more and laborers, business men, fishermen and others resent the fact that all of this business i is being handled in outside fac tories while they believed it could be handled economically in Alas i ka. ...
 Seattle newspapers tell of the extensive plans of the can manu- featuring company, rather boast ing of what it will mean to Seat tie and it's prosperity. But Alas ka, producing the fish, will not share in this. The cans will be made in the states. The cans will be shipped north in containers not manufactured in the Terri tory. The tendency will be to come to the Territory, take out the product of the north but to leave as little as possible and less than formerly. This applies par ticularly to boxes.
 The committee of the Chamber |of Commerce is going south as a good will organization, but the |people of Alaska are rapidly los ing their good will when they see annually a diminution of a re- sponsive good will and they are going to demand that to which they believe they are entitled Alaska products produced in the Territory, by Alaska fishermen, packed in Alaska plants, in con- tainers, cans and boxes made in Alaska. Nothing else will suffice or satisfy.
 Producing in a rather small way Alaskans have today their own wire factory for traps. They want their own can factory and they want their own boxes used for their own fish,,
 1 It becomes a battle oI Alaska against the world. As long as the Territory produces the funda- mental product, the fish, it must and will insist upon manufac- turing, handling and turning out in it's entirety the delicious com modity which gives so much pleasure to the epicureans the world over.
 Everyone will hope that the committee going to the states to discuss the matter will be suc- ceSSful, for the general benefit and welfare of all interested.
The Alaskan., 1930-06-13

great basic industry has been al- lowed to drift into a deplorable condition. It affects some 15,000 persons directly in the industry, $25, 100000 invested capital, be- sides all the allied industries and their employees. The success of this industry is of vital import ance to every person in the Pro- vince"
 The study of the fisheries situ- ation in Alaska reveals a cOndi- tions worse in Alaska than in Canada, for the Canadians real izing the true conditions of their fisheries are bending every effort to properly conserve supply and to build it up to normal. The situation in Alaska is ignored by the officials and blithely the in dustry goes on putting up un- limited packs and placing the load of conservation where it hurts most to carry-upon the resident fishermen.
 The Canadians find There are three salint features of the whole situation. CD That the supply of raw fish has been diminishing (2) That the earnings of the fishermen have been shrinking. (3) That the manufactures are not making an adquate return on their investment"
 The Alaska Situation
 As pointed out by residents, the condition of AlaSka's fish cries are conciSely described by the report of the Canadians of their fisheries. The business men are agreeing with the fish ermen that the earnings of fish ermen have shrunk to such in significant figures as to be cry ing shame to decent Americans. And further the effect upon resi- dent businessmen has been so bad as to virtually banrkupt ev- cry mercantile establishment in the fisheries Divisions.
 The small packers have all had to quit or sell out to the larger corporations, bearing out the statement that the manufactur- CTS are not making an adequate return on their investment.
 Aims of New Policy"
 "This Government (Canadian) intends to remedy this condition by a definite policy, which will conserve the supply of fish not only for the present generation but also for future generations and will INCREASE the earnings of fishermen and those engaged in the industry, thereby protect ing the large number of fisher men, employees and those en- gagged in the fishing and allied industries"
 The O'Malley Policy
 The O'Malley policy is to con- serve the operation of traps and in no manner can it be shown, by catch of salmon or pack, that conservation of salmon is the ob- ject of his regulatory measures.
 The Canadian fishermen have asked that for the next four
The Alaskan., 1930-06-13
The O'Malley Policy

The O'Malley policy is to con- serve the operation of traps and in no manner can it be shown, by catch of salmon or pack, that conservation of salmon is the ob- ject of his regulatory measures.
 The Canadian fishermen have asked that for the next four years no fishing licenses be granted other than those issued
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-11-18
F~rigidaires Popular
AS Christmas Gifts

Electric refrigerators 20 over big
in the winter says John Hunter.
Brownsville Frigidaire dealer.
Maybe better in December than
in some Of the warm months.
This. he explains. is because Of
the growing popularity OF the
practical gift. The Frigidaire. he
points out. is the ideal answer to
the always difficult problem Of
selecting the proper gift for wife,
mother. or family.
In recognition or this fact. the
Frigidaire corporation has linked
sentiment appropriate 10 the sea-
son with its product by introducing
the Medal OF Honor Frigidaire. Of
fered to meet the demands Of the
holiday trade. This medal. a sterl-
ing silver medallion. beautifully
designed and suitably engraved.
may be affixed permanently to the
cabinet or handed to the recipient
in a jewel case. as a permanent re-
minder Of the thoughtfulness OF
the giver.
The company. Mr.. Hunter says.
Is preparing for heavy Christmas
sales.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-11-18
City Briefs

President here.-C. s. Slaughter
OF Dallas, and Z. r. White, also Of
Dallas. are expected to arrive in
Brownsville Wednesday for a brief
business visit. Mr.. Slaughter IS
president OF the Southern Old Line
Life insurance company.
Free instruction for ladies each
thursday. two o'clock. Campbel's
Bowling Alley adv. Il.
In San Antonio.-H. d. Seago.
Cameron county clerk. has gone to
San Antonio on county business.
He is expected back Thursday.
License Issued.-A marriage
license was issued Tuesday to Pc
dro Ibarra and Herlinda Velas-
quez OF San Benito.
Two Fined.-Two men we're fined
Monday afternoon in Justice Of the
Peace Geo. Krausse's court. Anto-
Mo Melendez was fined sl4 for
driving an automobile without
proper licenses. and j. II. Perrin
was fined sl8 for speeding.
Mrs. Leonard Hl.-Mrs. Z m a
Leonard. proprietor OF the Mata-
moro cafe. Is quite III at her home
in Brownsville, and has been I'M
able to attend to business for sew
eral days. During her absence Mrs.
Ann Norling has been acting as
hostess at the cafe.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-11-18
Amarillo Man Hits
At Standards Hymn

AMARILLO. Tex, Nov. I8.-t4l-
w. II. Holmes. independent oil OPP
orator, today took issue with The
statement OF G. \. Meyer OF New
York. president OF the Standard Oil
company, that overproduction :
the only reason for recent crude
oil price cuts In Texas, m n
Dallas yesterday.
Holmes quoted figures from The
bureau Of mines to show the total
United States production for Aug
ust to be 1921 900 barrels and the
total demand on this country TO be-
IS. 500 900 barrels. The domestic
demand was given al 80, TBS 900 bar
rels.
Even the domestic demand was
greater than the total production II
the United States Holmes said. 4
wiring the Texas Railroad Commits
sion to protest Meyers statement.
continuing: IL feel that the state
Of Texas REPRESENTED bv YOU gentle
men will see this clearly and pro-
tect the state from anv further
propaganda or this kind. fkrn
which we have suffered a nurElAr
of years"