davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16
STEADY ADVANCES
IN BONDS ARE SEEN
Economist Finds Conditions Ripe
for Further Rise in
Debentures.

Declining commodity prices and inter-
est rates will increase the value of
bonds and preferred stocks, as we'll as
all other instruments having a fixed
rate of return, including common stocks
which have a high and reasonably as
Sured rate of profit sufficient to cover
dividends and leave a margin of safety.
This is the conclusion given by Thomas
Gibson, economist, in a discussion of
declining commodity prices contained in
the March 19 issues of the Financial
World. Mr. Gibson refutes the theory
that falling commodity prices signify
disaster for security values.
TO inveigh against a gradual fall in
commodity prices is to inveigh against
abundance" reasons Mr.. Gibson. 1T
is much the same thing as the idiotic
plan of smashing machinery which was
adopted by the British trade guilds
more than a century ago. We now have
machines which do the work of ten,
twenty, or a hundred men. and yet,
generally speaking, people are fully en-
ployed and each one has more Of the
luxuries and necessities of life than
ever before in history.
Failing commodity prices represent
the cheapenmg of production and a
larger supply of goods pc: capita with
smaller amount of effort. There will
always be more or less irregulartty dur
ing period of readjustment, but that
will be Strengthened out by the opera
ton Of laws of supply and demand. The
very fact that the decline is comprehen-
sive is the best guarantee that it can do
no harm. If We find that the index OF
farm products is, say, $50, and of all
other commodities also $50, it would
do no harm, but much good, If both
indexes fell to 100 The confusion OF
thought arises from the habit Of get
ting the dollar sign mixed up with the
basic principles of exchange"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16
D. C. Naval Reserve

Details for the division competitions
| designed to increase the already nigh
interest of members of the 1st Battalion,
F, United States Naval Reserves OF the
District of Columbia, were prepared by
Lieut.. Comdr Finney BaScom Smith as
one of his last official acts as COM
mander of the local organization before
his departure from the city to enter
new civilian employment.
According to the plan outlined, there
will be four matters marked at each
drill. They are. with their maximum
weights, as follows: Attendance, 30;
appearance, 90; manual OF arms, 20,
and knots and spices, 80. The marks
are to be posted Immediately upon the
completion of each competition. The
knotting and splicing will be confined
to seamen of the first and second classes
and will include the following: Square
knot, bowline, bovine on blight, half
hitch, Glove hitch, rolling hitch, sheep
shank, round turn, stopper, timber hitch,
eve splice, short splice and temporary
whipping.
During the first period tomorrow
night all of the divisions will be put
through an infantry drill, while during
the second half all divisions will be in
structed in the watch, quarter and sta
ton bill and in emergency ship drills.
There will be special instruction for the
radio and signal gangs.
Roy Galladay. chief machinist's mate,
with l6 years service, has been trans
ferred to the local battalion from the
9th Naval District, with headquarters at
Great Lakes, Ill.
Robert M. johnson, machinist's mate,
second class. has been transferred to the
local battalion from the LIST Naval Dis
trict at Boston.
William P. Sillay, yeoman, third class,
attached to the 1st Fleet Division, hav-
ing returned to his home at Atlanta,
Ga, his records have been transferred
to the headquarters of the 9Th Naval
District, with headquarters at CharleS-
ton, S. G.
Although those in charge of the Or
panization Of the local communications
Reserve, composed chiefly of amateur
radio operators, have visited the armory
of the fleet Reserve, no decision has
been ~eached as to whether they VIII
center activities there, it was SAID.
Comdr. Smith recently invited those IN
charge of this branch of the Reserve to
make use of the local armory, in the
belief that the mutual interests OF the
two would work to the benefit OF both.
Reports of the performance of duty
of Naval Reserve officers and men Whlle
on annual cruises aboard vessels OF the
feet and special training ships have
shown the ability of these men 10 &C
coInnlish the prescribed mission. accord
ing to Secretary Adams of the Navy
Department. He said that feet divisions
of the Naval Reserve are trained Tor war
duty as an organization to man vessels
now out of commission. The number
of these divisions remains at 149, ana
the number OF officers and men attached
to these organizations remains about
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16

, the same as during the preceding two
years, no funds having been made avail
able for any increase.
Aviation divisions of the Naval Re-
serve are likewise organized and drilled
for mobilization duties as organizations
The number of these now maintained
is 81. There has been some slight in
crease in the number of officers at
tached to these divisions during the
past year. but no increase in enlisted
men. More thorough training is now
being given Naval Reserve aviation off,
GERS than has been the case in the past
1t approximateS the training for naval
aviation pilots and is supplemented by
one year of active aviation duty with
the fleet.
An increase has been made in the
number of officers in the volunteer
class of the Reserve, the members of
which are available for general or Spe-
cial detail in the event of war or ma
tional emergency. There are also en-
rolled in this branch ex-officers of the
Regular Navy and of the Naval Reserve
with wartime experience. Further
progress has been made in adding to
the Volunteer Naval Reserve amateur
and professional radio operators and
engineers and in organizing these into
additional units for purposes of instruc-
ton. The instruction of these units is
carried on by means of radio broad
casting under Regular Navy procedure
and CODE
Licensed officers Of the American
merchant marine and owners and oper-
ators of vessels have all displayed a
lively interest in the recruitment of the
merchant marine class of the Naval Re-
serve, he says. There are now upward
of 1850 officers in this class of the
Naval Reserve and 81 ships are author
lied to fly the Naval Reserve flag.
The officer personnel of the Reserve
according to the chief of the Bureau of
Navigation, continued to show during
the year just closed a steady and
healthy growth. The number OF new
appointments made from ex-Regular
officers, civilians without prior naval
service and those who held commits
sionS during the war points to a re-
newed and general interest in the Re-
! serve, Increased use has been made of
the courses of instruction for purposes
of appointment and promotion and by
enlisted men seeking to qualify for COM
missions.
Without question the keeneSt inter-
est of the Naval Reserve officer in time
of peace. the bureau chief continues, is
his prospect for promotion. A single
precedence list has been established and
a uniform standard of requirements for
promotion formulated Eligible officers
of all classes have been given an oppor-
tunity to establish their qualifications
Examinations for promotion of more
than 400 officers in the Voluteer general
service class have been authorized
These examinations also serve the pur-
pose of refresher courses for those off,
GERS who have lacked opportunity to
make a recent training cruise or take
other form Of training.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16
BANKERS WILL HONOR
ASSOCIATION PRESIDENT

Special Dispatch TO The Star.
BALTIMORE, March l5.-The South
eastern Group, Investment Bankers
Association of America, which group
comprises this territory, will give a
dinner on Monday at the Chesapeake
Club, Baltimore, in honor of Trow-
bridge Galloway, president and Alden
H. Little, executive vice president, OF
the Investment Bankers Association OF
America.
There will be present about $50 rep
resentative investment bankers from
Baltimore, Washington, Philadelphia
and New York. This Is the first time
in some years that a president of the
Investment Bankers Association of
America has visited Baltimore. Both Mr..
Galloway and Mr.. Little will make
speeches.
The officers of the Southeastern
Group, Investment Bankers Associa-
ton OF America, are: G. T. Williams Of
G. 7. Williams a. Co, Inc, chairman
Frank g. Adams of ]. Harmanus
Fisher ~ Son. vice chairman; william
@. Dancy of Union Trust Co. of Mary
land, secretary
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16
Wheat.
CHECK PAYMENTS SHOW
GAIN IN TRADE VOLUME

BY the Associated Press.
Last weeks total of check payments
in leading business cities OF the Nation
pointed TO a marked increase IN busi-
ness volume. the Commerce Department
summary of the business situation at
home and abroad comments, though
other indicators of business conditions
registered considerable irregularity.
Sluggish recession in general commodity
prices continued to be a significant
factor of the whole situation.
THE dollar volume of business dur
ing the week ended March g. showed
a decided improvement over recent
weeks, but was lower than for the
same week last year." the summary said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16
BALTIMORE TRADE GAIN
WITH COAST REVEALED

Special Dispatch to The Star.
of Baltimore's trade with the Pacific
Coast increased 1874, 498 tons during the
fiscal year 1929, according to G. H.
Pouder, director of the export and
import bureau.
while there was a slight decline in
the eastbound movement" Mr.. Pouder
said, "westbound shipments increased.
The port sustained its position as first
Atlantic and Gulf port in the carriage
of cargo westward to the Pacific Coast
leading New York by 278, 734 tons, Phil
delphia by 346,785 tons and Boston by
S38, 528 tons"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16

the machine gun schedule Of this train
ing, that will be conducted by Maj.
Andres Lopez, Infantry, assistant in
structor at Washington Reserve head
quarters. The first conference of the
machine gun instruction was held last
Tuesday at headquarters, at which was
taken up the nomenclature, stripping
and assembling of machine gun.
The remaining six conferences of this
special machine gun instruction and
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16

Reserve regiment,
the Institutional
conf e r enceS OF
which between now
and June will be
devoted to prepare
those local Infan-
try officers who will
attend the 80th Di-
vision t &C tt C a !
training exercises
at Fort George G.
Meade, ND, dur
ing the month of
August. Today
Col. Melville S.
Jarvis, Infantry,
senior instructor Of
the Organized Re-
serves in Washing
i~nfnf, annpIIfaaaS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16
Dairy Producers to Meet.

MADISON, Wis, March is Rl.-
Conferences of Wisconsin butter and
cheese producers will be called in the
near future to work out a program for
the extension of large-scale co-opera-
tive marketing of dairy products.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16
PART TIME

Acquaintance with Government
workers in your department
opens opportunity to increase
your income $4,000 to $4,000
per month. Address Box 267-Z,
Star office.
WHY BE OUT OF WORK?
l dare you to show this ad to your
wife or any friend who is interested
in your success.
Men in our organization are max
ing plenty of money and are able TO
provide for themselves and families
i'll very pleasing way. They &C
complish this by work. We have
seven territories without representa-
tives for them-hrst here, first
served. If you do not get one of
these territories it is your own fault
and you should not have the nerve
to say you cannot find work.
Business was never better with us.
AIR WAY BRANCH OF
WASHINGTON,
Hill Bldg, 18th and Eye Sets. NV.
GROCERY MODERNIZATION
SPECIALIST.
Wanted man who has had
experience in the wholesale and
retail grocery business and who
is familiar with the latest and
most effective merchandising
methods in retail grocery stores
and who is able to remodel
grocery stores on modern lines
and install therein modern &C
counting systems. This posi-
ton holds attractive future for
the man who can qualify fully
and no others need apply, Re-
ply must state fully past expe-
rience, age, salary expected and
supply references. Address Box
1907, Star office.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16
CIRCULARS PROHIBITED.

In order to protect its ad-
vertisers from receiving circular
matter, it is expressly under
stood and agreed that all such
matter will be withheld as far as
possible by The Star. Only
bona fde answers to advertise
ments addressed to box numbers
in care of The Star will be de-
livered to advertisers on pres
entation of the box number
ticket.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16
BANK CLEARINGS.

NEW YORK, March is GP.-
Clearing house statement Exchanges,
81 ,4S3 900 900. balances. 5000 900;
weekly exchanges. s7S74 100000; bal
ances, 9e92, 100000
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16
Wisconsin Has Most Cows.

MADISON, Wis, March Is P)-
Wisconsin had 2,032 900 head of dairy
cattle more than 2 years old on Janu-
ary /. This is record in the history
of the State. It is a half million more
dairy cows than any other State has.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16
Alaska Fish Season Big.

FAIRBANKS, Alaska, March Is (P.
The Alaska Fish Brokerage in five
stations handled more than 1,000, 900
pounds of salmon and halibut last sea-
son, more than three times the amount
shipped the previous year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16

There was described in this column
last Sunday the 1929-3O inactive duty
schedule for officers belonging to the
32Oth Infantry, District of Columbia
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16

Charges that child slavery exists in
Ceylon have been vigorously denied by
ST. Herbert Stanley, governor Of the
island,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16
SILVER QUOTATIONS.

NEW YORK, March IS P.-
Bar silver, 4lh; Mexican dollars, 81 70.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16
GUESTS BLINDFOLDED.
Jaegerstrasse Cabaret Forces Dom
mos Upon All Revelers.

mos Upon All Revelers.
BERLIN (NAN,A).-One more new
note has been struck in the cabaret
world by dance hall that has been
opened on the JaegerstrasSe, where
oarmalds. walters and guests are all
compelled to wear masks.
Upon arrival the cloakroom attendant
takes the guests hat or wrap and gives
him domino, and he must put this on
before he is allowed to join in the revels
and the fun"
tCopyright 1880. by North American News
paper Alliance)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16
Insurance Salesman Wanted.

1HSuT dICe odleSIIldn w dIlISu.
We have a splendid opening in our Wash
ington branch office for an aggressive health
and accident salesman Of unqueStionable
character and ability as personal producer
and organizer. The right man should make
at least $4,000 annually Give completes de-
tails about yourself in first letter or no at
tention will be given. Facilities OF q well
established ONCE and support of manage
Address Box 227-V Star ONCE
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16

SALESMAN-Old established real estate Of
flee desires a young man with some expe-
basis have prospects T but 1 h T'S the
time to follow up a splendid opportunity
for the man who will hustle. Will diScus
details when interviewed. Address Box
2l4-Z Star ONCE.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16
HELP-MEN.
ACKNOWLEDGEMENTS
Selling ORGANIZATION Wanted.

Station agent-telegraph operator for sta
ton IS miles from Washington; salary, $l20-
$3.50 per month. Address Box l70-X, Star
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16

SALESMEN-sl200 weekly possible repre-
senting million dollar factory Sell pailts,
tories. etc. No experience needed. Factory
prices save 4oft. We deliver and collect
Money-back guarantee. No investment. Sea-
son on. Write for big free outfit. The Mad
iSon Paint Co., Dept Edo Cleveland. Ohio.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16

REPRESENT factory-earn big money-na-
tionally advertised auto seat covers: ire
missions; complete outfit free. Supreme,
OOda
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16

SALESMEN-f you can sell doctors a syS.sS~.
service that costs them only 81 a month,
orders day will pay you 500 a week c X.
mission; permanent exclusive protected trI
rltory; continuous repeat business each year:
This proposition is in its fortieth successful
year; thousands of satisfied customers. You
must have clean record and two references
from previous employers. j. B. Lippincott
1892
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16

SALESMEN---We need several honest. hard
working statesmen who are interested IN
making 3 permanent connection. Call IN
person Monday. 1890 am. or $3.50 PM,
804 10th ST. NV, or phone for appointment,
District 81 L..
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16
WANTED-SALESMEN.
(Conkfnued.l

REAL OPPORTUNITY for wide-awake, ag-
gresSive man who is capable of directing
selling campaisn in this territory. Must De
financially responsible and furnish good ref
erences. Remuneration on a very attractive
basis. Write P E. Streamer, Pres, 697 Hish
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16
Is Statesmen
REFRIGERATION
Statesmen WANTED.

The peak refrigeration season is here.
We can use f1ve more experienced statesmen.
the ultimate in electrical refrigeration.
os%ed At f oSest pfees ABBY
in person to manager; references required.
COLONIAL WHOLESALERS. me-:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16
EXPERIENCED
WINDOW TRIMMER.

AUTOMOBILE Statesmen.
Two men needed to complete our sales
force. selling experience absolutely essential.
sbe sens ToTk h fo nroyeR mem
now in the ,field. Floor periods and full CO.
operation gladly given
SEE MR.. BOWLES.
BARRY-PATE MOTOR CO.,
CONN AWE tn IN. an
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16

HELP-MEN AND WOMEN.
COUPLE, middle aged, to take charge Of
home which has been converted into club;
lady must be good cook and houSekeeper;
man must be all-round reliable party; meals
and board furnished; must be able to give
nigh references. II interested, call Lincoln
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16

SaleSmen-EveningS Only.
Must be strong cloSers. to sell by appoint
ment only. Apply Monday, Tuesday and
1928 14th st NV
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16
Statesmen.

Large, we'll established company issuing
lar monthly premium plan, has splendid
proposition for clean-cut. ambitious sales
men. Fully equipped once. Substantial
cash remunera ton and liberal general con-
tract Call in person, to IL or 4 to 6.
Mr. Luke, 306 Commercial National Bank
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-16
HELP--MEN.
(COntfnuedl

tARRIED NAN, dairy and farm; could use
On na sis SO, T M VEIRs, Rockville, Nd.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-27

auditor Of Glen Echo for the past Is
years, the town street lighting bill alone
amounts to approximately $525 yearly.
He said the charter provides that the
town cannot borrow more than $500.
The few improvements Glen Echo has
been able to make in recent years have
been done piecemeal without definite
co-ordinated plan, James Christopher,
deputy clerk to the Montgomery County
Commissioners. declared at meeting
of the Glen Echo Citizens Association,
and have been both costly and detri-
mental to the future systematic growth
of the town. He said inability OF the
town to obtain SUFFICIENT funds for i'm
proving whole streets at one time has
resulted in haphazard street system.
The matter of changing the charter
is expected to be discussed at the De-
cember meeting of the Glen Echo Citi-
zens' Association.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-27
GLEN ECHO MAY ASK
CHANGE IN CHARTER
Town Now Faced With Prob
lem of insufficient Reve-
nue. for Needs.
By . stan Correspondent of The Star.

Ey q stan Correspondent of The Star.
GLEN ECHO. Md, November az
A study of the municipal finances of
Glen Echo with view to making rec
ommendation for authorization of
changes in the town charter by the
General Assembly is being made by
a committee of citizens headed by j.
G. Leger.
The town at present is faced with the
problem of having insufficient revenue
to provide needed improvements such
as laying new sidewalks and streets, and
is barely able to pay for the mainte-
nance of existing town property.
Charter 80 Years Old.
This situation is brought about by the
fact that Glen Echo was Incorporated
as q town with a charter about 30
years ago and the charter fixes the tax
rate as not exceeding so cents on 500.
Since the taxable basis of the town is
now about $500, 900, the annual munic-
tpal income is only 81 500 and will in
crease only when the taxable basis OF
property lying within the town in
creases.
Two remedies are being considered.
The FIRST is to obtain permission to m
crease the tax rate. while the second Is
to give up the status of the community
admission into the Western Suburban
District of the County, Mayor H. T.
McCuen has stated that he favors the
former plan.
Revenue Needs Being Studied.
The amount of revenue needed for
urgent town improvements and the tax
rate raise necessary to produce this sum
are now the subjects of study by the
rif ~
n1ittee also Is looking into the aovis-
ability of the town becoming a part of
the suburban area.
According to Mayor McCuen the
residents of the town pay county and
State taxes at the rate of $l,30 per
800, and their own town tax. If taken
into the suburban area. the town tax
would cease and 30 cents suburban
tax substituted to pay for police pro-
lection, lighting and other govern
mental services. This tax however.
would not pay for Improvements, which
would be assessed against AUDITING
property under the front foot benefit
system now employed throughout the
suburban district.
Declared Undue Burden.
Mayor McCuen bases his opposition
to inclusion within the suburban area
on the argument that Glen Echo. al
though situated close to Washington
has few inhabitants in comparison to
other sections of the suburbs and that
as a consequence the front foot benefit
tax would prove an undue burden on
property owners.
He also pointed out that the 30-cent
suburban district tax rate would not
provide sufficient revenue to pay the
towns lighting bills and for the collec-
ton of ashes. trash and garbage and the
repair of streets.
According to S. Walter Bogley,
cashier of the Bank of Bethesda and
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-27
DOLORES DEL RIO, FILM
ACTRESS, GRAVELY ILL
Mexican Screen Star in Hospital
at Los Angeles-Will Undergo
Operation.
BY the Associated. Press.

BY the Associated Press.
LOS ANGELES, November a.
Dolores Del Rio, Mexican film actress,
was reported by her physician, DR.. E. c.
F1shbaugh, to be in a serious condition
in a hospital here yesterday. DR.. Fish
baugh said he and DR.. Arthur B. Cecil
would perform delicate kidney opera
ton upon the actress.
Miss Del Rio was taken to the hos
pital Tuesday. Her illness dates back
to shortly after her marriage in santa
Barbara to Frederick Gibbons. film art
director. Her illness forced her te dis
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-27

continue work. When the ailment failed
to respond to treatment she was ordered
to bed.
At various times since first falling
i'll Miss Del Rio has been reported as
recovering, but recently her condition
became worse. She was reported rest
ing well and in good condition for the
operation.