davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16

The hour of music at the Y. w. c. A.,
Seventeenth and K streets, this after
noon at 5 o'clock will continue the series
Toward an Understanding of Music"
The literature of various periods for
he cello will be Illustrated by Alice Allen
Merrell, assisted by Dorothy Coggeshall,
pianist. There will be tea from to 5
in the fourth-floor reading room. when
the hostesSes will be Miss Dorothea Nc
Dowen and Mrs. A. E. Fisher Visitors
are cordially invited to attend.
Miss Charl 0. Williams of the National
Education Association will speak at the
weekly meeting of the staff on Tuesday.
Any volunteer worker interested in
hearing Miss Williams Is invited to come
to the staff meeting at 10 O'Clock on
Tuesday morning.
There will be regular meeting of the
board of directors on Thursday at 10 80
O'Clock, Seventeenth and K streets.
The Y. MY. w. G. A. recreation COM
mittee will hold a meeting tomorrow at
the Blue Triangle Hut, Twentieth and
streets, at O'Clock, when plans will
be made for the dance which the COM
mittee will sponsor at the hut on Fri
day evening.
Holiday hours will be observed at Y.
w. c. A. centers on George Washing
tons birthday. At K street the hours
In the pool will be from 80 to and
$3.50 to o'clock for dips only; the
bowling alleys will be closed all day, and
the cafeteria will be open for dinner
only from $50 to 7:30. At 6l4 E street
both the pool and the cafeteria will be
closed all day. and at Twentieth and B
the cafeteria will be closed.
The Middle Atlantic area regional
conference Of the Religious Education
Association in Baltimore February II
and ID is of great interest to Y. w. C.
A. members. The local association will
De represented both by members of the
board and of the staff. All those inter-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16

FOR sALE-1.3s6 ACRES WITH Z MILES
water front. suitable to sell of in small
tracts or to keep intact and use as a
sporting place Fine hunting and fishing;
so minutes from Washington on the
Potomac River. With two tributary streams
on each side OF the tract.
Price for quick sale at a fraction over $50
per acre. If you are locking for pro1t or
pleasure, stop right here and get in touch
with A. E. DONIPHAN & SON, 4oS Doniphan
Bldg, Alexandria, Va. Phone Alex. S4o
FOR SALE-320-ACRE FARM IN THE
beautiful Valley of Virginia. miles from
Luray with the N. w. r. r. running
through the farm.
fine horses and cattle. 35-acres in alfalfa
that produced $50 ton per year and the
improved BY fine brick house and all
outbuildings necessary TO make ,frsto
class farm, A. S. DONIPHAN 4 SON; 4o8
Doniphan Bldg, Alexandria, Va. Phone
AlnN
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16
Y. w. C.. A. News

Copy for this column must be
in the hands of The Star Club
Editor by 2 o'clock Thursday
afternoon for publication in
Sundays issue. Copy should be
written on one side of paper only,
with a wide margin at the top
of each sheet, and should be
headed by the name OF the
organization.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16
Fidelity Storage Company
la1O You Slraet

a.. I4SO You street
storage furniture, merchandise. automo-
Mothproof storage, silver vaults. rug elean.
ing 10 years warehouse experience
Money advanced. 1880 rooms Ask any busi-
ness man or bank. Estimates free. ~ 1900
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16
SUMMER COTTAGES
SUMMER COTTAGES-Si7e mp,
GARAGES-So2 UP.

GARAGEsESsa up.
g. Direct from Aladdin Mills at wholesale.
Irelght prepaid Price includes all materials
Teadi-cut, plans, erection instructions. Easy
70 onlId Homes. 1855 20 sl.sss Save up
Isl No, obligation. Aladdin Co., will
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16

Historic Avon River at Stratford-on-
Avon, England, is to have a new orna-
mental bridge.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16

MOVING, PACKING AND STORAGE.
WANTED--TO MOVE LOAD OF FURNTTURE
TO TO T ThTsenSsooro, n e.. Tuesday, "wednesday
I'd NV, Apt. 4. Phone Col i0i36.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16

chickens successfully the land must be dry,
quickly drained and well shaded. That is
beautifullS woodeS lats 6 ~ ~ b rVf 200 IT,
with city water installed, at only $500 each;
Terms TO suit. No better lots for poultry
EAST WASHINGTON REALTY CO,
7i0 9th Street NE lincoln 1855
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16
SALE-HOUSES.

TWELVE-RooM HOUSE, FURNIsHFn ar
unfurnished. near W. u; oil burner
rent. Real bargain. Owner leaving c nS'
CATHEDRAL HEIGHTS = NEW ppTCv
semi-det.. 10 r. baths. 3rd floor separat,
Easy terms Clev. 0s96. N1''9H
3726 9th ST. N.W.-$20O CASH: AT=Tp A.
brick; brick garage; $500. Can "9 owN 9sfh
1888 ST. NW-s ROOMS. HoT-W1TFp
heat. electricity; reduced rent. INQUIRE
NEAR WARDMAN PARK HOTEL, BY OWN.
er. beautiful 3-story detached brick house
With al m 1s,nki improvements ns including oil
torisl estate; u rooms str baths bult-in ga
Sunday or Natl. 1919 thereafter. O0i O'1'
Two-FAMILY FLAT DOWNTOWN, WEST
of Conn ave; hot-water heat. cleo yard to
rents. sl.l4O per year. Price, So, 500. wifi
$4,000 cash required. Address Box 2-V, star
office.
DON'T MISS THIS: $3.50 BUYS siO,soo;
modern petworth mousse Address Box s-V,
HERE'S YOUR OPPORTUNITY OPEN
Ssi2 stn ST. sI nv var m06ern; large rms; semi
ATTRACTIVE NV BARGAINS OPEN.
4413 Illinois ave, mod. Diet, baths, .
EsTsSsss !siS Ca s7 aye i,t aO2 Inershs 7s8
than adjoining prop; may trade. Col
li22
GROOM BUNGALOW IN NV. SECTION.
large corner lot. with garage. to match
house; cost $40 $50; will sacrifice for So, 500:
terms. Ga. 2832-J.
FOR SALE-TERMS LIKE RENT; BIJNC A.
lows; nearby Va. Md. D. c.; rms, b.
to 8 rms, 2 b.; $4,000 to SIC. 500 FIJI'rSN p
GORDON, Continental Trust Bldg District
5231, evenings Clev. 457l ~
TWO ACRES, LOCATED NEAR CONN. AVE.
colonial two baths. BARGAIN Owner, Kens 70.
NORTHWEST.
1719 LIST St.-8 rms; h.-w.h. cleo
1929 We rms; h.-w.h.; cleo
800 Florida ave- rms; h.-w.h.; cleo
765 Gresham--6 rms: furnace: cleo
gao Tea st-9 rms; h-wh; cleo
1886 4th st-l2 rms; garage; h. -w.h. cleo
zoos nth st.-6 rms; cash payment, 500.
J. F. HOLLAND, 1901 nth St NV.
North 3527
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16
S50sOm

$5Y500O.
OPEN SUNDAY l TO S PM.
!, 53l 10th st. s.e-6-room brick. s-room.
aeep type, containing al large rooms. hot
water neat, electric lights with 2-car ga
rage, Excellent condition. ARRANGED in 2
apartihmen5s. Small cash payment, $3.50
EDWARD c. BAKER
l2I5 81. NV. National 1901
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16
WANTED-LOTS.
SALE-ACREAGE.

TRADE 5-RooM HOME. CAPITOL HTS,
almost clear. for clear ground, etc. Met
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16
SZ2S0
~ ,GJO.
PETWORTH

re WOR / ii.
Priced for quick sale. Colonial type, 6
rooms, 3 large porches, paved street and
aney. not-water heat. electric lightS and
MANY other attractive features House
S cS1 ,ncS Years ;,o CID Near Sherman Circle
IOiORED-;NEAR 1lth & PARK RID. NV
desirable location for doctor or any pro-
dSSSlonal; S-Story blk, 10 r., b., h.-W.h,
seIec: lear z-Story blk. gar. A $4,000 home
III So.2OO. FRANKLIN GIG.
COLoRED-6 ROOMS. HW.H., EIECTRTCT-
y. eXGeLent conditions; your terms. 900
DIocA harvard. Mr.. Hawkins. Potomac 2O57
oLQREP-BEAUTIFUL HOME, Q ROOMS.
space. 1900 block 18th st. North sos
G fnTHit1 ROOMS, H.W.H., ELEC-
Terms Potomac 2l60. AO"'
COLORED-NEAR LIST AND s SITS NW'-a
rooms on floors, h.-w.h., cleo, double ga
rage; very small cash payment Price reS-
sonable Dec. 2062 j. II. DICKENS.
C0LORED--BARQAIN, ON FAIRMONT Mr..
LIN; nght brick. rooms, h.-w.h., ga
rage, hardwood floors; ali modern. Mr.
SIEPHANS. Decatur 1851
re, CoLORED-A LOVELY HOME: COM.
pelleo TO sell. VIII take q small cash nav.
ment. Phone Pot. 140l.
COLORED-8 LARGE ROOMS; ELECTRIC
tyi n,-wh.; large yard; alley; attic; tubs;
near llth and KENYON; price reduced; nav
ment Ike rent North 10l72.
COLORED-BRICK HOME NEAR DUPONT
CIrcle. q large rooms. bath, pantries, INV H.,
sarge: partly furnished; splendid Condition
SzUVSUH less original price IL equity in cash
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16

TWELVE-ROOM HOUSE, FURNisHFn 0p
unfurnished. near g.. w. u; oil bTrner.
rent Real bargain. Owner lesvinS c INV
Phone West 2790. Wy
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16
WOODBRIDGE, D. c.

WOODBRIDGE, D. c.
1921 22nd ST. n.e.-New Groom house, 4
rooms on each floor, and large floored attic.
lhls mouse is modern in every detail-one OF
the pest homes in Woodridee. Open all day
sunday Price right: terms to suit See
TINS To-Day. The bus will bring you right to
q; r HOLMES. OWNER & BUILDER,
1901 r. ]. Ave. NE North 0Al2
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16

TWO-FAMILY FLAT DOWNTOWN, WEST
of Conn ave; hot-water heat, cleo; ward to
alley; white; good repair; always rented:
rents, sl.140 per year. Price, SO 500 with
$4,000 cash required. Address Box 2-V, Star
nfdce. - ~
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16

ABOUT IS ACRES WITH LONG FRONTAGE
on concrete State road. in Kentdale section,
little beyond Confessional Country Club.
Ideal for home or will divide into IS sites
full views. Price. $525 per acre. owner.
Address Box 366-S. Star ONCE.
FOR SALE-ACREAGE FOR SUBDIVISIONS.
VI. time release clause. to experienced
operators: Colesville pike, so acres; Sc. near
d. C line, 500 acres; Bradley Hills large
highly improved acreage tract in front of
Congressional Country Club fronting Bradley
and River roads: also highly improved sub
division Conn. ave. Md: enterprising de-
veloper should exceed $4,000 a yr. clear
FULTON r GORDON. Continental Trust
BLDG. District 523l. EVENINGS Clev. ASH.
200 ACRES ON BALTIMORE BOULEVARD
NEAR Laurel at less than $500 an acre; will
trade. zoos st. NV. Franklin 6129.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16
QUICK NONE
MONEY To LOAN
WANTED-MONEY.

LOAN OF THREE THOUSAND DOLLARS
Liberal interest on payments of three hun:
dred dollars every three months; Endorsed
NOTES; post-dated Endorsed checks creden-
tials. Address Box 277-S, Star office.
FOR SALE AT 25qe DISCOUNT, $4,000 and
trust note. Sc interest, payable $50 or more
monthly, exceptionally well secured on Fair
fax farm; only $1,000 first trust ahead of It.
Address Box 1925, Star office.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16

1888 T ST. N.w--s ROOMS, HOT-W1TFR
heat, electricity; reduced rent INQUIRE
ahOYe address
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16

NEW ATTRACTIVE DUTCH COLONIAL
home, on State highway, containing six
beautiful rooms tile bath. built-in tub and
shower breakfast alcove. hardwood floors
throughout. double garage. three-fourths
acre, plenty of Shrubbery. Phone Claren-
DON S39-F-22, Langley. Va.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16

OUT-OF-TOWN REAL ESTATE.
BARQAIN-$5 CASH, IS MONTHLY RTJYS
~ lots In thriving New York VILLAGE; $50.
Broadway. New York.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16
FOR COLORED.
SALE OR RENT-HOIISES

SALE OR RENT-HOUSES.
2l$s1a o-5-R. & B, FLAT. ELEC $50 80
c cc0ITonmss1S4S e Clifford st;-S T. & b.. 100
il25 2srd, 6si s9th. Sst aHd@;2 sse Co.. $500 $500
4 9SSSS22 Deane ave. mes r. & b.; h.-wh. $3.50
1913 Kramer ne: 40 1lth s.e.-s r.; fr. 1850
N. =: -RYoN CO. 1915 N. = Ave Natl 1907
S41S 14th. Col 1877 (7-9 pm, Col O27o)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16

3726 9th ST. N.W.-$2UU CASH; ATTRAC-
tive, newly decorated Groom ana hath
brick brick garage $500. Cali OWNER.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16

ALI@ll NII TNII, VIZ
| We have nice two-Story 6-r. house. par
TALLY modern. front porch. nice lawn and
shrubbery, good location within $50 yards
OF station or Lee Highway at E. Falls
Church, Va. real bargain at $4,500 VIII
arrange terms.
Good two-story 7-r house, ami. front
shrubbery and fruit. About s4-acre land.
VIII seal for $500. bargain. Terms.
NO NOW Is your time to buy farm: we
or trade for houses in good locations with
small trusts. Ranging in price from $4,000
to $4,000.
Lots of nice acreage on hard road that
would subdivide. Reasonable terms. All
little and big. viii trade farms for sub
urban houses and lots or city property
clear or with small trusts. Call on us il
you mean business. Phone Falls Church
SO, office; 79-J-l. residence
II. IL. ANDERSON & co
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16
NEARBY VIRGINIA

n LNN D NIKJINI \.
Lyon Park 4-room BUNGALOW. bath space,
SoO eash sa5o ef Balance H sSS per mo
Bailston 6-room and bath semi-bunRa-
low, h,-wh., cleo, cleo. range, l2-acre cor
ner lot, garage. A real bargain at $4250,
cash $3.50, balance. S372 IS per mo
II you want to buy or rent, or have prop
erty to exchange. consult our Clarendon
ONCE, open until $50 pm
n. f. RYON CO., INC,
Clarendon 1850 InO4 Wilson blvd
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16

LOTS RANGING FROM FIFTEEN HUN
cred to ten thousand dollars nifty to sixty
nFe feet front; city improvements.
ROBERT E. HEATER, Realtor,
Colorado Bldg Dist 1920.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16

ested in attending should send in reser.
vations for dinners to A. w. Gottschali,
executive secretary, S400 Copley road
Baltimore, Md.
At the booklover hour tomorrow night
at 3 O'Clock Miss Alice Hutchins Drake
will speak on Books We Are Glad We
Have Read" Any one interested in
good literature is invited to Join this
group, which meets twice each month
at the Y. w. c. A., Seventeenth and
K streets.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16
SALR-LnTS.

10 CLOSE ESTATE = 10 LOTS, RANDLE
HlghlandS; for quick sale, $3.50 to S105 each;
Eooo terms. Agent at 31st and q SITS. Sc,
Randle Highlands lBe
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16

CATHEDRAL HEIGHTS = NEW PpTCY
semi-det.. 10 T.. 3 baths. ard floor ssnsra =,
apt; 2-car garage. No finer construction
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16

S2250 cash or terms. Cost owner $4,000.
GEO. e: DIEFFENBACH, Lot specialist.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-16

out; firSt trust, $1,000; balance, second trust.
80 400; no reasonable offer refused 1904
Perry ST., Brentwood, Md.
BLUEBTRDSl SPRING!! YOUR HOME
awaits you'll Ready2 Modern studio-bunga-
low: near park; reasonable. hey, phone
Falls Church lS5.
100 ACRES, FULLY EQUIPPED; HOUSES,
one groom, one Groom; all modern i'm
nyoyements; bank barn, silos, 1e head cattle,
retail dairy route; one mile from Alexandria,
facing George Washington Memorial, on
GOOD improved road. Must be seen 70 be
appreciated. Apply A. s.. DONIPHAN &
son 1Os Doniphan Building, Alexandria,
Va. Phone Alex. $40.
FOR SALE-FARM OF 2ls ACRES, SIT
uated on the Southern Railroad, between
Fairfax and Clifton Sta, in Fairfax Co., Va.
Improved by old, comfortable farm house,
good bank barn, 40x60 it.; poultry house and
other out buildings.
Well wateTed by good. never failing springs
This farm is in 80 minutes drive Of Wash
inRton and at the price asked will make q
Price only $4,000. Carries a Federal loan
of So 500. With small amount of cash
you can own a farm that will be a source
OF profit and comfort for you and your
f4,niiy through the years.
Apply 10 4. s. DoNIPHAN & SON. 4os
Doniphan Bldg, Alexandria, Va. Phone Alex
- 49,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-12-31
MACHINERY MARKETS
QUIET DURING HOLIDAY
Special Dispatch to The Star.


NEW YORK, December 31.-The
quiet Of the holiday season now rules
in the country's' machinery and ma
chine-tool markets, but inquiries are
running in good volume, even exceed
ing seasonal expectations, American
Machinist reports.
A prosperous new year is predicted by
dealers and manufacturers in all dis
trictS, with estimates of the time of its
beginning ranging from January Is to
well into the second quarter. The
semi-annual review number of Ameri-
can Machinist will contain 20 per cent
more new tools. than normal, an indica-
ton OF increasing efforts at redeSign in
preparation for bettered conditions
A decline in inquiries is reported for
New York, where some purchases are
being made. Chicago trading also shows
falling off in inQuiring, with current
business unchanged.
New England has good prospects and
lists several rolling stock orders. De-
troit business has been suspended for
the holidays. Machinery sales and in
quiries in Cincinnati are holding up
well, considering the season, though
production has quieted down. Cleveland
dealers pin their hopes for better bust
ness on automobile production, placing
the real upturn at the middle of the
coming year.
Buffalo inquiries are high, though
sales are small, and no change is ex-
pected Immediately. Indianapolis re-
ports conflicting trends, but the situa-
ton generally is looking up. Milwaukee
is quite optimistic, expecting orders
right after the first of the year. Deal
ers in that territory report better De-
cember volume than they had antici-
dated.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-12-31
TEXTILE INDUSTRY
IN BETTER POSITION
Sales Are Ahead of Production as
Year Draws to
Close.
BY the Associated Press.

BY the Associated Press.
considerable trace of optimism fol-
lows the textile industry into the new
year.
Depressed for a decade, the trade
recently has seen distribution running
ahead of production. A steady flow of
small orders has kept stocks steadily
decreasing since November and post
inventory purchases may start mill
wheels humming in more pronounced
cadence.
Merchants are hopeful the national
campaign for wider use of cotton
goods, entered into by the Departments
of Agriculture and Commerce at the
direction of Congress, may bring about
new cotton uses. Wool interests are
showing sentiment for similar assist
ance, which is interpreted to indicate
that the cotton campaign is beginning
to show results.
Manufacturers of textiles have been
encouraged greatly during the last two
months by noticeable stiffening in
buying orders. They have gone through
q trying period without dumping their
stocks on the market and are inclined
to bargain for longer profits now that
buyers appear to be about ready to
look for supplies.
Meanwhile they have gone pretty ex-
tensiVely into sales psychology and are
said to have been very successful with
novelty wrapping Of household neceSsi-
ties, combinations of which are offered
in sets.
Imports of silk and rayon are smaller
than a year ago. Consumption of wool
by textile mills and spindle activity in
the cotton industry is believed indica-
tive of a presently wider use of do
nestle materials.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-12-31
LAND BANK SYSTEM
AIDS DEBT REDUCTION
DR.. Engberg Comments on Uses
Made of Federal Credit
Throughout Nation.
BY the Associated Press.

BY the Associated Press.
The Federal Land Bank system has
had tendency to encourage farmers
to reduce their form mortgage debt
rather than to increase 1t, DIR. r. c.
Engberg of the Federal Farm Loan Blu
reau told a farm delegation in Cleve-
land.
The loans made by the system
amounted to about ~ per cent of the
total farm mortgage debt on January /,
1928, or $l,l56, 000 900, he said Since
that time the total loans outstanding
have increased about $34, 000, 00O Dur
ing the period covered by the calendar
year 1920 to 1927 there was an in
crease in the total farm mortgage debt
from $7,858, 000, 900 to 9,469, 000, 900, or
a net addition of 81 oil 100000. Dur
ing this same period. the Federal Land
Banks loaned approximately 81, 400, 000,-
600. OF this amount about 80 per cent,
or ST ,155 100000 was used for refunding
existing mortgages and other indebted
ness. thus not adding to but merely
shifting such indebtedness to this
amount. The balance loaned, repre-
senting $245. 100000, was used for the
purchase OF live stock, fertilizer, equip
ment, erection of buildings, making
other improvements, for capital stock in
the National Farm Loan Association AMI
Tor the purchase of land.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-12-31
Public Utilities
BY GEORGE t. HUGHES.
Pacific Gas e. Electric.

(This is the seventeenth article of
series on the subject Of public utilities,
holding companies, giving their history,
field OF operations and an ANALYSIS Of
discuss bonds as well as stocks. but viii viii
tine facts WITHOUT ur
cifc securities)
AS the largest enterprise of its kind
on the Pacific Coast, the Pacific Gas 81
Electric 90. has a deservedly high
standing among investors. Its growth
has been steady and consistent with
a satisfactory showing even during the
present depression. Interest on funded
debt was covered last year more than
2K times and fixed charges and pre-
ferred dividends 1T times. All the
bonds are high-grade investments, and
the preferred stock, which is outstand-
ing in two SERIES both of $25 par, one
paying per cent and one paying 512
per cent, is a conservative holding.
In large part, these preferred stocks
are held in the territory served Out
side OF California public interest Is
stock, which is listed and actively dealt
in on the New York Stock Exchange.
It Is of $25 par value and outstanding
to the amount of $141 1854 ,525, or
5,678,181 shares On this stock in 1929
the sum of 1927 a share was earned.
In the first six months of 1880 net
available for the common was $l.60 a
share, and for the full year it has been
unofficially estimated that approx
mately 1925 share will be shown.
The market price of the stock fluctuates
over a wide range, something over 80
points during the year 1880. Earnings
are capitalized by the market literally
as is the case with most public utility
common stocks.
The justification in the case of Pa
cific Gas & Electric is the same as with
other prosperous operating companies
namely, the periodic offerings to share
holders Of rights to subscribe to new
capital. Pacific Gas g. Electric has
given such rights in each of four years
from 1926 to 1929, inclusive. In 1929
there were two offerings, one of new
common at par in the ratio of / to 10,
and the other in two parts, new common
at par in the ratio of to 10 and new
common at SIS a share, likewise in
ratio Of to 10.
The average market price for these
rights in that year was $315 a share
for the first offering and 81 a share for
the two concurrent offerings. These
rights sold at the market made a very
substantial addition to the income Of
Pacific Gas 81 Electric common stock
holders. It Is not to be expected that
offers on that scale will be made an
nually. or even in every two/or three
wears,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-12-31
GRAIN MARKET

CHICAGO, December 81 Especially -
The wheat market was higher today
under buying influenced by the strength
In Liverpool and BueonS Aires. Premier
Bennett of Canada made a speech to
Canadian farmers which was regarded
as bullish. December, old, opened at
e7634 to n; March, old, 1919 to 801s;
new, 8o5s to u; May, old, 8l1s to "a;
new, 81 to Sc; July, 637s to "a. After
the first half hour, December, old, rs
to "a; March. old, 70 to 70; new. 30
to Is; May, old, 81 to 1s; new, 81 to
"a; July, So to u.
Corn was higher with wheat De-
cember, old, opened "a to 637s; new,
"a; March, old, 671z to 7s; new, 68
to 681s; May, old. 81 to 691s; new, 69A
to 70A. After the first half hour, De-
cember, old, So to 1s; new, So to ";
March, old, 667s; new, So; May, old,
SO to "a; new, SO to "a.
Oats were firm. December, old,
opened 311a to "a; May. old, 80 to "a.
After the first half hour, December,
old, 81 to 81 May, old, 80 to Il.
Provisions were fraction lower.