davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-08

probation in the group index was only
1913 per cent.
While during bull markets the oil
group has on the average registered a
smaller proportionate gain than the
general run of industrials, losses in
periods of declining prices have been
virtually as large. The average decline
in the index of petroleum shares during
the last four major down swings was
29.6 per cent; the industrial index, dur
ing the four major reactions which have
occurred since November 1919, showing
an average decline of 30 per cent.
On various past occasions the oil
group has moved downward during
periods of strength in the general list.
During the two years ended February.
1927, the index of this group showed
a net loss of 0.94 per cent. Over the
same period the general industrial index
gained 255 per cent Furthermore in
the two months Immediately following
(February-April 1920. the oil group
registered a decline of 1913 per cent,
while industrials advanced by 40 per
cent
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-08
TRADE is MARKING
TIME, SURVEY SAYS
Weeks Barometers Indicate Some
of Recent Momentum Has
Been Checked.

Special Dispatch to The Star.
NEW YORK, March Cuisines
throughout the country is more defi-
nitely marking time, with latest rec
ords indicating that in the last half OF
February it lost a good deal of the
momentum acquired in the January
upturn, and is now barely holding its
gains, says the Business Week IN It's
report covering the week ending
March g.
Though Winter has come and almost
gone. Spring seems still to be too far
behind for the crocuses of commerce TO
take chance on March frosts. steer
continues to slip, with renewed weak
ness in prices. General building shows
a squirt for the week, but February as a
whole Cancelled the January gain over
December. and heavy construction Is
Tagging. Coal and even oil are down.
Continued weakness in commodity
prices indicates plainly enough that
markets are dull and doubtful.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-08
BY CHARLES F. sPEARE.

Special OlSpdLcn 10 The star.
NEW YORK, March S.-Step by
step, slowly but surely, the knitting to-
gether OF railroad lines in the Eastern
trunk line territory is taking place. I'M
portant developments in this situation
are likely to come at almost any time.
The approval just made by the In
terstate Commerce Commission of the
Baltimore & Ohio's convertible bond
issue, which was partly for the pur-
pose OF acquiring the Buffalo & Sus-
quehanna Railway, practically COM
pletes one detail of the proposed new
Baltimore & Ohio system. This has
been carried out quietly but persistent
~ against the opposition of competing
lines. Now the Baltimore & Ohio has
before it the larger Job of obtaining
complete control of the Reading Jersey
Central, which it most needs to round
out its system.
Position of b. e. 0.
Under the Interstate Commerce Com
missions recent consolidation plan the
Lehigh Valley was assigned to the Wa
bash, or fifth system in the East. Con-
troll of it is held between the Wabash
and the Pennsylvania Railroad inter-
ests. 1t is understood, however, that
the Lehtgh Valley is likely to be party
III the trade that may take place be-
tween three of the jor Eastern sys-
TENS, and that eventually it will be-
come the property of the New York
Central when the New York Central
agrees to sell its present holdings of
Reading common stock to the Biltimore
& Ohio.
With the Reading shares now owned
by the Baltimore road and in control
of its friends and those of the New
York Central added to them, the Balti-
more line would be in possession of
nearly two-thirds of the entire out
standing Reading common stock.
Should this plan work out it would
be an interesting development in view
of the fact that a few years ago the
New York Central held about 20 per
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-08
OIL COMPANY CURTAILS
REFINERY PRODUCTION
Rv the Assoclnted Press.

NEW YORK, March 8.-The Sim
clair Consolidated Oil Corporation has
mot only curtailed its drilling opera
lions and production of crude oil, but
has also greatly reduced It's refinery
runs" Harry F.. Sinclair, chairman, said
today, in telling of his company's CON-
trihution toward crude oil conservation.
I'm former years. Mr.. Sinclair said
I'VE normally built UP large stocks Of
gasoline during the Winter months
Today, as a result of the reduction Of
refinery operations put into effect sew
gasoline is only what is necessary to
meet day-to-dsy requirements. In other
words, anticipating present conditions
we have for months put into practical
application the policy of curtailment
now advocated by the Federal Conserva
ton Board"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-08
BUILDING ACTIVITY.
By the Assoclated Press.

Eh9NNNIWtNN
Building activity last week as re-
ported In Census Bureau averages
showed an emphatic forward bound,
and for the first time this year indi-
Gated a greater construction total begun
than that for the same period last year.
Figures which follow give the average
daily total of building contracts let for
the week and comparable periods in
territory east of the Rocky Mountains:
Week ending March 8. s22, 290, 600; pre-
ceding week, $l0,594, 900; same week
last year. $l9,sG9.O0
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-08
BIG CAR ORDER NOTED.

RICHMOND, Va, March 8 LP).-An
order for 1000 box cars. to cost So ,OOO,-
OOO, has been placed with the Richmond
Gar Works Co. of this city by the Sea-
board Air Line Railway, 1t was an
nouneed by l.. r. Powell, jr., president.
Inc order is similar to one announced
To-Day by the railroad for the Pullman
CO.'S plant at Bessemer Ala. The order
calls for 50-ton cars,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-08
GRAIN MARKET.

CHICAGO, March Especially -
Wheat opened lower under selling in
duenced by the eakness in Liverpool.
Liverpool closed 2ss to 234 cents lower.
March opened l061s, May, 1.ll1ta
LION; July, 1.08al .0SA. After the first
half hour. March, 1,06ls May, III;
July, 1087s.
opened 70, May, 83A a8234; July 851Ra
051s. After the first hour, March, 49,
May, 1924; July, s51a.
Oats were lower with other grains.
May opened 432s, July, 43la. After the
first half hour, May, 431h; July, 43%s.
Provisions were quiet, but flrm with
hogs.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-08
NEW YORK COTTON,
Special plspatch 10 The star.

Special Dispatch 70 TIC star.
NEW YORK, March 8.-Cotton prices
broke another quarter OF cent today
under heavy liquidation, which carried
May contracts In New York within 4
points OF Ia cents, while all old-crop
months in New Orleans touched Ia
cents or sold below that figure.
A running break at one time dislodged
considerable cotton, when wave OF
week end covering toward the close LETT
final prices 10 to Is points lower than
Friday. Spots were reduced 10 points
to 1405.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-08
DELCO LIGHT co.

NEW YORK, March GP).-The
Delco Light Co. of Dayton, Ohio, a
subsidiary of General Motors, is now
manufacturing a new system for Great
ing gas for use in cooking stoves, water
heaters and similar domestic appliances,
in homes not served by city gas mains.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-08
FOX FILM RoNn RIGHTS.

NEW YORK, March 8 CP).-Stock-
holders of the Fox Film Corporation, of
record March IL, viii have the right to
subscribe to the new debentures and
class "A" stock to be issued as part
Of the rehabilitation Of the company's
finances.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-08
Total. $500, 40 $l,O2s,s 1874

"February's volume of bond Offer
1ngs," said the review, amounted to
SAGA sos, 303, including some issues of
first Importance, such as the $40, 600 600
Republic of Cuba offering and the
$50 100000 Western Union issue. Rail-
road offerings were in the ascendencv.
with total in excess of $50, OOO. 600
followed by foreign issues, the volume
of which exceeded a hundred million
dollars. Public utility offerings aggre-
gated $9l 100000, and tax exempts as
reported by the bond buyers of New
York totaled $74,270,O00 The lowest
classification in the list is found in the
real estate offerings, which totaled only
$12.250,OOO.
I'm the stock offerings it is apparent
that bankers still hesitate to bring OUT
major issues until there is more DEFINITE
evidence OF entire recovery from the
stock market debacle of 1929. Public
stock offerings for the month showed a
very substantial increase over December
and January, but still remained far be-
low normal
Stock Financing.
"In addition to approximately 1885,
100000 in public stock offerings. stock
financing to the amount of approx.
mately $164 100000 is represented by
subscription rights expiring during the
month.
"The larger volume of public stock
offerings was in the industrial and In
the public utility classifcations. the
most important single issue of the
month bring the offering of $4,000
common shares of Marshall Field 81 Co.,
one of the country's greatest mercantile
establishments. Investment trust offer
ings totaled only Sle.6f6,000 and for
eign issues $6,160,a Q0."
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-08

iron Trade Review composite after being
stationary at $3524 since the last week
of January, fell - cents this week. to
the lowest level since September, l926
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-08

Amelia Rogers, recently fined in Dew
onport, England. for being an unlicensed
money lender, was said TO have charged
more than 1000 per cent interest.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-08

Continued drought in West Java is
causing hardship among native rice
growers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-08
NEW YORK CURB MARKET s s; n: :1:: : S ::

Notee-AH stocks sold In one hundred share lots
excepting those designated by the letter 65s (2S5s
which shows those stocks TO be sold In odd lots only
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-08
INVESTMENT GAIN
IN FEBRUARY SEEN
Survey Reveals Better Tone
in Both Bond and
Stock Markets.

Constructive forces for the most part
ruled both the stock and bond markets
in February, when new public offerings
of securities aggregated $500, 9S1 ,210 in
the American market, according to the
monthly investment review of Lawrence
Stern & Co, investment bankers, of
Chicago and New York
I'm the bond market there were no
substantial price changes during the
month" said the review, but the de-
mand for higher-price issues is becom-
ing measurably stronger and there APP
pears to be an undertone of real
strength in the market. While it might
be hazardous to predict any substantial
advance in bond prices, it can be stated
with confidence that the elements of
strength predominant and that an Inn
provement seems more probable than
any reaction.
Recovery in Stocks.
"The fairly substantial reaction in
the stock market was followed by a
comparatively brisk recovery which car
rted average prices to level somewhat
higher than that prevailing at the be-
ginning of the month, There appears
to be consistent investment buying OF
the higher-grade issues, and the out
look seems to be for continued but
moderate strength"
Stern IL Co. showing the volume of
new financing in February as compared
with February, 1929, follow:
Feb, 1880. Feb, 1929.
Stocks .....$I36,0l 1884, 6s7,550
de q A q
Putnam patriot., 1930-11-13

Entered as Second Class Matter at the PostofTice at Putnam. Conn, ae- cordjng to the Act of Congress. sub.eription Price s2.0o per Year
 Payable in Advance Single Copies Five Gents
Putnam patriot., 1930-11-13

Charles Rrsnnon ~as in New Lon- don Sunday.
 Mrs. William Wheaton of Mech anics street was a visitor in Provi- dence on Saturday
 Misses Beatrice and Priscilla 6sn- grass Of Danielson visited with Put nam friends Sunday.
 Mir. and Mrs. Joseph Leon of Church street motored with friends to New Haven Tuesday.
 Mir. and Mrs. Charles Warner went to Providence Monday to visit their niece. Mrs. Ella Barden.
 Mir. and Mrs. Harvey Crinseli oi Providence street spent Sunday with George Grinsell in Pawtucket.
 Mrs. John Gahsn and Mrs. Ed ward W. Mullan spent Armistice Day with friends in New York City.
 Mrs. Emily Butler of Chapman street Is in Pomfret visiting her brother. Alfred Briggs. and family
 Mr. and Mrs. w. E. Maynard of Chapel street entertained over Sun day Mrs. Maynard's brother. Walter J iaCroix, of Hartford.
 Mrs. Gsorgianna Londgen has re- turned to Putnam from Abingdon and Is occupying room at Mrs Ernest Rents. Grove street.
 Masses Elixb and Marietta Reid and brother William of South Main street spent Sunday al the guests of Mir. and Mrs. Edward Dunn in Der by. City.
 Jacob Rosenwald with his dsuxh- ters Misses Mildred. Celia and Sadie. Of Buck street spent Tuesday as the guests of his son. Reuben Of Worcester
 Mir. and Mrs. Clifford Trshan and son of Main street with Mir. and Mrs. 4. ]. Marion also of Main street were visitors in Worcester on Tues day.
 Mrs. Eugene csuthier of River side. R. l., was the guest over last weekend and Monday of her par ents, Mir. and Mrs. Joseph Maynard of Bullock street.
 Mir. and Mrs Abraham Horo~itx and daughter, Miss Elsie, of Chap man street spent the holiday. Tues day. as the guests of Mir. and Mrs. Harvey Horowitz in New York City.
 Mir. and Mrs. Paul Saivas, dsugh- ter Mary Lee and niece. Miss Bar bara Hammond. were in Providence Sunday visiting Mrs Salvas' uncle, Michael Connor. a former resident here.
 Mir. and Mrs. Armand Hembergcr and two children, Armand and Ted dy, of New Haven and Mir. and Mrs. Charles Warner were guests over the weekend of Miss E. J. Bennor of South Main street.
 The Drop-In Glass of the Congre- vationai church held quitting bee in the church parlors this afternoon. Tea and sandwiches were served by the hostesses. Mrs. F.. L Robinson, Mrs. Alice Carpenter and Miss An nie Randall
 Mir. and Mrs. A. N. Badger of Southbridge. Mr and Mrs. John Young and children Of Jewett City and Mrs. B. F. Edwards and Mrs. Edgar Smith of Putnam were the guests of Mrs. Ellen Hall of Florence street Armistice Day.
 Mrs. Fife A. Cole of Providence, formerly of Pomfret, spent the weekend with her parents. Mir. and Mrs Charles Danielson of Pomfret and with her sister and brother-in- law, MT and Mrs. Arthur Keith of Grove street, Putnam.
Putnam patriot., 1930-11-13
FATHER AND DAUGHTER
 BLESSED BY POPE
Ernest L. Richards and Daughter Evelyn Admitted to Vatican in
 Rome

Ernest L. Richards. Church street, and his l0-year old daughter, Evelyn, who made a trip to Italy this sum- mer aid who returned to Putnam a few weeks ago, were among the few American tourists to receive the bles- sing of Pope Plus Al.
 Mir Richards and his daughter were staying four days in Rome when Mir. Richards made inquiries regarding how 0 get permission to enter the Vatican and the Pope's palace He was instructed to make a personal application. This Mir. Richards did and was told that card would be sent to his hotel that afternoon.
 Receive Blessing
 The credentials arrived and Mir. Richards and his daughter appeared the following morning and, with a few other pilgrims, were ushered into a small chapel-like room. Soon there was clapping of hands and Pope Plus appeared. He delivered short sermon and then stepped down and passed among those present who were allowed to kiss his ring as they re- ccived his blessing. The children he would pat upon the head as he passed by.
 The magnifieence and solemnity of the occasion Mir. Richards said. was beyond description. As he passed out he asked that the card of admission he had received. which had been taken us he entered, be returned to him. This was done and he has it as a treasured souvenir.
Putnam patriot., 1930-11-13
Methodist Church Notes

Rev. j'liin r. Duxbnry. Pastor
 10-40. Sunday morning service.
 l2. Sunday School
 z. Sunday evening service.
 7.45. Thursday evening service.
 The pastors Sunday evening talks on Palestine are proving very inter esting illustrated with lantern pie lures. This Sunday his subject will be "Withiu the Walls of Jerusalem. ' Everyone is invited to attend these services
 Rev. Mir. Duxbury is planning to devote the two following Sunday evenings to the Passion Play at Oberammergau. The first evening will be an explanation of the play, and the second will be with ster- eopticOn slides.
 Rev. Mir. Duxbury will exchange pulpits with Rev. C. H. Van Natter of Attawaugan Sunday morning.
Putnam patriot., 1930-11-13
In the Churches
Congregational Church Notes


 November 13. Church School Workers Conference of officers. teachers and workers of the Church School in the vestry at 7.30 F. Nj.
 November IA. The Happiness Girls teacher, Mrs. Walter 4. Riehl will serve q cold meat and salad supper at 6.30 r. M Tickets from members of the class.
 November I6. Sunday morning service at 1045. Sermon topic There Goes The Ships" Anthem. Praise the Lord by Maker. Response, Cast Thy Burden or the Lord, by Wittech.
 Church School. Beginners at 10.45. All other departments at i2 NJ Mems forum meets in the chapel. Happy Sunday evening service F. M. Illustrated lecture on the sub jeet of Journeys End" This will be q dramatic sermon on the famous play that has gained such repute both in this country and abroad Everybody welcome.
 November IS. School of Religion in the chapel at 7.l5 F. NJ. Teach CTS, Rev E F. Wright on the Old Testament, and Miss Abbie Scott on Worship in the Church School.
 November 10. Choir rehearsal at 7.15.
 November 21. Thanksgiving sup per to be given by the Young Peo- ple's forum in the church dining room at 630.
Putnam patriot., 1930-11-13
BAZAAR WITH DANCING
 BY AMERICAN LEGION

bazaar with dancing is to be held by Anslem iMayotte Post Amer ican Legion with Israel Putnam Lodge of Odd Fellows cooperating. The affair will be held three nights in Odd Fellows Hall. Thursday. No vember 27, Friday. November 2S and Saturday, November 29. Plans have been made to make the enter tainment an attractive one. Only a nominal admission dharge win be made at the door.
Putnam patriot., 1930-11-13
St. Philip. Church Note. tEpi.sopal)

Rev. F. P. Wright, Rector 22nd Sunday after Trinity. 500 4. NJ. Holy communion. 9.30 4. NJ Church School. 10. 45 A. M Holy Communion and sermon.
 Choir practice, Friday 500 P. NJ Tuesday, November 18th meeting of Parish Guild at home of Mrs. P Myers, Farrows street
Putnam patriot., 1930-11-13
V. F. W. R tISE NEW
 AMERICAN FLAG

With but little ceremony the Albert J. Breault Post, Veterans of Foreign Wars, had little flag raising. Tues day morning The flag. donated by The Bugbee Corporation. was hauled to the top of a tlagpole presented by John Maher with ropes and snaps presented by Frank Vadnais of the A. Gilman & Company stores, by James. little son of Vincent McEvoy, member of the post and an overseas veteran.
Putnam patriot., 1930-11-13
WEEKLY WHIST

The Council of Catholic Women held their weekly whist Tuesday. at St. Theresa's Hail. The ladies in charge were Mrs. Rena Parent and Miss Beatrice Menard. First prize was won by Mrs. John Whalen, second prize by Mrs. Stett Macdonald and consolation prize by Miss Marietta Gordon. Next week Mrs. Anna Caf- fiery and Miss Marietta Gordon will take charge.
Putnam patriot., 1930-11-13
SUPERINTENDENTS IN
 ANNUAL MEETING

School superintendent from this section are attending the one hun dred thirteenth meeting of the New England association of School which is being held in the State House. Boston. teaay and will continue through tomorrow. The annual banquet win be held at the University Club near Copley Square at six o'clock this evening.
Putnam patriot., 1930-11-13
Salvation Army Note.

Tuesday night TOO F. NJ. Band of Love and Ladies Home League. Wednesday night 500 ?. NJ. Open air and salvation meeting.
 Thursday night TOO P. M Girl Guard meeting.
 Friday night 500 P. NJ. Holiness meeting
 Sunday HOO 4. M. Holiness meet ing
 Sunday i2.O0 A. NJ. Sunday School. Sunday 500 P NJ. Open air and salvation meeting.
 1.30. Church School.
 7.3o. Evening worship.
Putnam patriot., 1930-11-13
Baptist Church Note.

Rev Henry E Holee. Pastor Thursday, 7.30. United eottage meeting at the home of MT. and Mrs Nelson l.. Stark.
 Friday, 7.30. Choir rehearsal Sunday. 10. Church School.
 II. Morning worship. Sermon, What Price Soul Peace"
 2. Evening worship. Orchestra Sermon. Jesus the Truth ?
Putnam patriot., 1930-11-13

Mir. and Mrs. Frank Witman of Mechanics street entertained Mrs. Witman's mother, Mrs. George Win terburn of New Bedford, Mass, over Sunday and Monday.
Putnam patriot., 1930-11-13
St. Mary. Church Note.

Rev. Ulderic O. Bellerose. pastor Rev. Joseph Moran, Rev Joseph Casey. eurates.
 Masses are celebrated on Sundays the following hours: 2 o'clock, s O. clock, 915 o'clock and 1e.3O o'clock.
The Washington times., 1930-03-12
NEW CHEVROLET
POLICY OUT

DETROIT, March 12.-The
Chevrolet Motor Company today
announces a new and broader
srevice policy. Any Chevrolet
owner, experiencing defective
workmanship or material on a
Chevrolet car under the terms o.
Chevrolet's standard warranty, is
invited to call upon any author.
lied Chevrolet dealer IN tbs
United States or Canada where
the work will be done at no cost
to him.
The plan, known as the Owners
Service Policy, is now In effecy
in the 10000 authorized Chevrolet
service stations in the United
States, operating under the gen
eral supervision Of the 50 Chew
rolet branch offices.
The new policy takes the form
Of @ written agreement given the
purchaser by the Chevrolet dealer
when the new car Is delivered. It
puts down. in plain, understand
able language the greater service
protection to which every ChevrO-
let owner is now entitled.
The Washington times., 1930-03-12
PLYMOUTH CUTS
ALL PRICES

DETROIT, March 12.-New low
prices on the Plymouth car,
which represent reductions of $65
to $40 on all body types, are an.
nounced by officials Of Chrysler
Motors.
These low prices, which are
made possible by new merchan-
dising and distributing plan, are:
Coupe, $500; three-window, four
door sedan, 1926; roadster with
rumble seat). 500; de luxe coupe
with rumble seat), 1925; two
door sedan, 500: de luxe sedan,
907S, and touring, 1926, all I. o. b.
Detroit.
These new low prices make
Plymouth one of the lowest-priced
cars In the world.
The Washington times., 1930-03-12
PRICE
!. SSEASHED

Clearing the decks for tho vol
ume Of new car business expected
60 develop with the arrival 4 the
spring-buying season, L. p. Steu,
art, local oakland Pontiac dis.
tributor, has slashed prices n his
entire stock Of used cars, which
win 60 on sale March IS,
Because Of the exceptional val
ues represented by the revised
price tags on the user car stock,
Steuart has designated the event
as O Golden Opportunity Used
Car Clearance Sale" II the rupply
Of cars lasts that long. the safe
will continue through to april.
Included among the cars va
fious makes to be offered a. re-
duced prices during the sale IRE
many good will used cars, t.lor'
ougtly reconditioned and carrying
q written guarantee. Under the
terms Of the guaranty, L. p.
Steuart, Inc, agrees to furnish
without charge any parts found
detective during the fist 75O
miles the car is driven by the
new owner, provided the mileage
tS run up within 80 days after
the purchase.
Furthermore, IL the buyer finds
the Car unsuited to his require
1nents. he is privileged to return
1t within 48 hours and apply the
amount paid upon any other car
In stock. either new or used.
This guaranty can be given
because the good will cars have
been so thoroughly recondi ditioned, "
said Steuart. I'VE know, they are
capable OF giving many. many
thousand miles Of satisfactory
transportation to the new cwner." !"
The Washington times., 1930-03-12

TAX AVERAGES SIT
Motorists in the United States
paid an average gasoline tax Of
SIT per motor vehicle in 1929.
The Washington times., 1930-03-12
MOTORLSTSSHOULDN'T
SWALLOW "CAP'

the "s1ow leak" which kills good
rubber, because an underinflated
tire wears twice as fast as one
which is kept precisely at the
pressure recommended by tn e
manufacturer. And the valve
mechanism unprotected by its
cap Is almost certain in time
to develop such a leak.