davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27

special D1Spatch TO the star,
WINDSOR, Ontario July rs (C.P.A.).
-Breweries and distilleries in this area
have concluded that fast one was put
over on them through imposition of the
present ban on clearanceS of intoxicat-
ing beverages to the United States.
Their former lucrative trade with ex-
porters. who smuggled the contraband
into the United States via the Detroit
River, has dwindled to a mere fraction
of its former size. A whole industry
went on the rocks with the change.
Until the Canadian ban was placed
on exports, smugglers could clear their
liquor cargoes, coast up and down the
river in the Canadian waters and then
make their dash for American shores
at the propitious moment. They had
only the customs patrol to deal with,
and their percentage of successful runs
made the business profitable.
Now, In addition to the United States
customs patrol, the liquor runners face
the Canadian customs and must post
bond If clearing for other than Ameri-
that picturesque occupation has
about passed.
Huge Merger Discussed.
The result is reflected in announce
ment just made here that 10 breweries
with a capitalization of between $10,-
600 900 and $15,000,000 are to merge
their resources in an effort to effect
economies
This move Is necessary to relieve
in some measure the depression which
has been brought about by the ban
on liquor clearances to the United
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27
BOND PRICES MOVE
IN NARROW RANGE
ConvertibIes Higher and Ac-
tive in Sympathy With
Stock Gains.
BY DONALD c. BOLLES,
Associate Press Financial Writer.

NEW YORK, July 26.-Trading in
listed bonds today was characteristic of
halliday Summer session. Price
movement was lethargic and the vol
ume of sales diminished.
The prices of the highest-grade Is
sues were fairly we'll maintained. Car
rier bonds showed a mixed trend with
Atchison As, Missouri Poetic IS, Penn
sylvania 4l2s and Union Pacific 4s
tending upward. Great Northern rs,
st. Paul SIS of 1875 dipped. ST. Louis.
San Francisco 4las were active and
firm.
Firmness of French rs, which have
been rising steadily most of the week
and have been unusually active, to-
gether with the strength of Mexican is
sues, featured foreign bond dealings
Mexican As rose nearly 2 points and
Mexican National Railway PCS ad-
vanced on the announcement that in
ternational bankers had reached an
agreement with the Mexican govern
ment for settlement of the defaulted
bonds aggregating $500, 100000.
Stock privilege issues were buoyant in
sympathy with stocks. United States
Governments were dull and steady.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27
MODERATE UPSWING
is HELD JUSTIFIED
Force of Low Money Rates Work.
ing Quietly on Bull Side Of
Stock Market.
special pisp.teh 70 The star.

special Dispatch 10 Inc star.
BOSTON, July ?e.-There Is q gen.
eral expectation, in which We concur,
says the United Business Service in this
weeks report, that Fall will bring an
improvement in business. ~he decline
In wholesale commodity prices shows
signs Of exhaustion. though many items
that have Jagged behind the leaders
have yet to find lower level.
The Fall upturn should begin in
August, and the market advance of this
month is doubtless in anticipation of
that development. A number of writer's
on business subjects are evidently work.
ing on the principle that a general
diffusion of optimism will strengthen
the expected upturn. There Is merit
in this viewpoint, and doubtless most
business men do need some encourage
ment.
In this, however, there is serious
danger lest expectations, especially In
the stock market, ny too high, and tia
Fall improvement, turning out to be
only moderate in extent, will be fol-
lowed by disappointment because tht
recovery lAlls short Of anticipation. Thi:
| would have a tendency to bring about
renewed selling, and 1t Is in this con-
nection that we look Tor the market Il
be, subjected to another test.
Depression has, indeed, been too wide
| in extent, and too severe, for sounc
recovery to be rapid either In stocks Oh
| business. Yet the slow acting, but
| powerful, force of low money rates ant
accommodating capital works quietly or
! the bull side. Expectation Of moderate
improvement is JUSTIFIED.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27
Kansas City Southern.


As to the investment quality of the
bends of the Kansas City Southern
there can be no dispute. The largest
issue outstanding carries 3 per cent
coupon, first mortgage lien due April
/. 1850. The only other stable direct
obligation is per cent issue of 1850.
The former Is outstanding to the
amount of $4,000, 900 and the latter to
the amount of $21 ,000, 900, the IS hav-
ing the prior claim on earnings. At
the present market return of about
ATS per cent is to be had on the SIS
and about 5 per cent on the SIS, and
each of them Is readily salable. Dur
ing the last eight years Kansas City
Southern has covered interest charges
almost twice over.
The preferred stock is entitled to an
investment rating also. 1t pays 4 per
cent non-cumulative and has voting
power equal with the common. Divi-
dends at the regular rate have been
paid without interruption for over 20
years. The price range this year has
been between IS and 20, giving a yield
of between els and $40 per cent. To
investors looking primarily to income
and not to price appreciation Kansas
City Southern preferred is very at
tractive.
No dividends were paid on the COM
mon prior to 1929, the initial payment
of $125 being disbursed in May OF
that year. The stock is now SIS an
nual basis and is, of course, unseasoned
The market price has fluctuated over
a range of more than IS points so fal
this year and selling recently around
$50 q share yields over per cent. Like
the other railroads Kansas City South.
ern has experienced a falling off ir
traffic in 1880, and consequent de-
crease of net income, but the present
outlook is that the SIS dividend will bt
covered with a fair margin. It is en-.
couraging to note also that according
to the latest return car loadings are
UP per cent over what they were q
year ago at this time. suggesting thai
O turn for the better is in the making
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27
STAGE DECLARED SET
FOR STARTING RECOVERY
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, July 26.-Although the
Alexander Hamilton Institute describes
business as now in the most acute stage
of the depression phase OF the business
cycle, its current Business Conditions
weekly finds the motor car industry on
the verge of revival" August to show
gain In employment" and foreign trade
slump nearing end" Here are q few
characteristic comments:
"At the end Of July the cumulative
automobile output for 1880 will probably
be below that of 1928. This will mean
that the number of automobiles in the
United States is no longer excessive
and that the chief obstacle TO recovery
has been removed.
THE condition of employment in
June brought the index to a new low
for the current movement. Indications
are that employment showed further
decrease In July, but that 1t hit the
bottom. The slump In commodity prices
and the curtailment Of production, while
causing considerable distress at the
present time, are decidedly favorable
factors as far as the future is concerned.
The stage Is no wset for the be-
ginning OF recovery"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27
AUTO FINANCING DROPS
IN FIVE-MONTH PERIOD

A considerable decrease in volume
of sales of automobiles on the install
ment plan is shown In figures for the
first five months filed with the De-
partment of Commerce by 450 finance
companies. While sales of used cars
showed an increase of To per cent, to-
falling $194.361,71 as against $751;
225,l2o, the decline of 1872 per cent
in new cars, so financed, more than
Offset this increase. New car sales on
the tnstalment plan totaled $3.50, ISL
l57. compared with $44S,e62, 1872. Com
bined sales Of new and used cars for
the period decreased 1871 per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27
RAILROAD EARNINGS.

NEW YORK, July 20 (Pl.-The Mis-
souri, Pacific Railroad today reported
for the six months ended June 30 net
income of $2.353.706, equal to 81 cents
a share on the common after allowing
for only the regular six months divi-
dend requirements on the per cent
preferred. on which there is an ac-
emulation of unpaid dividends. This
compares with net of $3.50, 083, or
$2.16 a share on the common in the
first half last year.
Gulf Coast Lines for the first half
reported net income of S963,056, equal
to $6.42 share, compared with $483,-
900, or 1928 share in the first half
last year.
International Great Northern showed
net loss of $522.538 for the first half
after taxes and fixed charges, but be-
for adjustment bond interest, against
a net loss of Sl5,883 in the first half
of 1929.
June net operating income of rail-
roads reporting today continued to
show, with a few exceptions. decreases
from the corresponding month last
year.
Saskatoon, Canada, will spend 81 ,8OO,-
600 for new civic buildings.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27
TRADE BOARD RULING
CURBS ADVERTISING

j. A. StranSky Mfg. Co. of Pukwana,
S. Oak. has been prohibited by Federal
Trade Commission from advertising, in
connection with sale Of a "vaporizer
and decarbonizer" for automobiles, that
use of the device would permit Ford
cars TO run 81 miles on q gallon OF
gasoline, that 1t would remove carbon,
prevent spark trouble and overheating,
and make engines start easier.
Trade Commission stated that rep
reservations made by the company
were found to be- exaggerated beyond
what was possible Of accomplishment
as a result Of the use of the "vApORizer
and decarbonizer' device.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27
Wall Street Briefs
BY the Associated Press.

BY the Associated Press.
NEW YORK. July 26.--Wheat pro-
duction of 10 European countries, ex-
GLIDING Russia, Is estimated by the
International Institute of Agriculture
at 653, 100000 bushels, an increase of
100000 bushels over 1929 and ST.
10000 bushels over the 1924-28 average,
Operating income of 103 telephone
companies in May aggregated $22.-
923,514, compared with $23,337 500 In
the corresponding month last year. The
this year was $114,135,209, against
$116,093,936.
The current month probably will
mark the low point of the industrial
recession, according to a current survey
by Standard Statistics Co., which adds
that activity in August especially dur
ing the latter part of that month,
should be on gradually rising scale,
with further expansion registered IN
September and october in line with
normal seasonal tendencies"
E. I. du Pont de Nemours & Co. an
nounced that it had received virtually
full subscription under its offer to its
common stockholders of the right to
subscribe to an additional issue of
357,07l shares of common stock, pro
rata 10 tner noldlngS on June D, at a
price of $50 share. There were 1884
subscriptions for 355, 1862 shares, or 1856
per cent of the number offered.
Two hundred independent oil produc-
ers in Forest, Elk, Tioga and Potter
Counties. Pa, have voted to reduce
production 80 per cent until September
/, in an effort to alleviate overprodue-
ton Similar action already has been
taken in other parts of the Western
and Northwestern Pennsylvania field.
Majestic Electric Co, Ltd. of london
has been formed to distribute Majestic
radio receiving sets and Majestic cleo
trical refrigerators in Great Britain and
the principal countries of Europe.
The Falcon Works of the Empire
Steel Corporation, at youngstown,
Ohio, reduced operations today to IS
per cent of rated capacity compared
with rs per cent earlier in the week.
Output of Wisconsin pea Gamers has
been. estimated at from 5,500.00o to
10000, 900 cases. Only in two years
has pea production in that State ex-
ceeded 100000 cases. Canning of
late peas already has begun in Wiscon-
sin.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27
CORPORATION SHARE
EARNINGS COMPARED

BY the Associated, Press.
NEW YORK. July 26.'-Per share
earnings of corporations reporting this
week, with comparisons for the same
period a wear ago, include:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27
MANY RAILWAY AWARDS
MADE IN THE SOUTH

More than s537 100000 in construc-
ton contracts have been awarded IN
the Southern States since the first Of
the year and announcement has been
made of S637 5000 in planned build
ing and engineering projects. making
the South's total construction program
for 1880 so far $1,174, 100000.
midas population now is estimated
al 2o0 nm 00O
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27
Rail Stocks
BY GEORGE T. HUGHES.

tThis is the twentieth of a series of
brief analyses by Mr.. Hughes on railroad
securities. The intent is not to rec
ommend the purchase or sale of any
particular stock. but to give the investor
such information as may enable him
Antelligently to chart his own course.)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27

Poland now has nearly 100000 un-
employed.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27

Majestic Electric Co. Ltd. of london
has been formed to distribute Majestic
radio receiving sets and Majestic cleo
trical refrigerators in Great Britain and
the principal countries of Europe.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27

The Falcon Works Of the Empire
Steel Corporation, at Youngstown.
Ohio, reduced operations today to IS
per cent of rated capacity, compared
with rs per cent earlier in the week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27

Saskatoon, Canada, will spend 81 ,8OO,-
900 for new civic buildings.
Nogales international., 1930-11-11
STILL IN HOSPITAL

Salvador Ahumada, brother OF
Mike Ahumada of the Nogales
Transfer & Fuel Company, is slowly
recovering in Soccorro Hospital in
Nogales, Sonora, from injuries sus-
tanned when he was struck by a
motorcycle during the annual 18th
of September celebration across the
line. He will probably be in the hos
pital at least one more month.
Nogales international., 1930-11-11
NOTICES!

Whoever reported to Mr.. Cum
mings, the cattle Inspector, that
the De La Ossa had driven a herd
of motherless calves over the noun
tain road towards Nogales without
being inspected, Che man enough to
prove it, that the De La OSsa did.
Mrs. CAROLINE DE LA OSSA,
Iochiel. Arizona.
Nogales international., 1930-11-11
AT BANKERS MEETING

E. H. Mellado, manager of the
Banco de Mexico; r. H. Bibolet of
the Sonora Bank & Trust Company,
and A. F. Kerr of the Nogales Ma
tional Bank, attended the annual
convention of the Arizona Bankers
Association at Tucson, Friday and
Saturday.
Nogales international., 1930-11-11
NEW RESIDENT

j. r. Eichar of Los Angeles has
arrived here and joined the vege-
table brokerage firm of Byron But
cher, with offices in the new Geb-
Ter building.
Nogales international., 1930-11-11
ELKS LODGE TO
MEET TOMORROW

On account of this being Armis-
tice Day the regular meeting OF
the Elks Lodge will be held We'd
nesday evening instead of tonight.
Business of Importance will be
transacted after which there will
be lunch and entertainment.
Nogales international., 1930-11-11
4OCALS
T. d. BOYD, JR. RETURNS

T. D. Boyd, Jr., president of the
Mexico Arizona Trading company
has just returned from New York
and other eastern points where he
spent about thirty days on bust
ness.
Nogales international., 1930-11-11
BANKS CLOSED TO-DAY

Banks on both sides of the inter-
, national line will be closed all day
today in observance of Armistice
Day. The Mexican banks in Nogales,
Sonora, always close on Arn1istice
Day and the Fourth of July as a
courtesy to the people on the AM
erican side of the line. American
banks here always close on the Fifth
Of May and the Sixteenth of Sep
tember, Mexico's two big holidays.
Mr.. and Mrs Edward A. Soto are
visiting in Navajoa, Sonora, where
Mrs. Soto's father is manager of
the Banco de Mexico branch at
that place.
Before you buy a radio, hear the
Edison at the Lohn Studio, 311
Morley avenue. (adv.) .. w w .
Nogales international., 1930-11-11
COUPE STOLEN

While parked in Nogales. Sonora,
about 5 o'clock Friday afternoon,
Charles Fraizer's Buick coupe was
stolen. 1t was later recovered south
of town.
Nogales international., 1930-11-11
HUNTING TRIP

DR.. Charles Smith and Warfield
Ryley left Friday for Guaymas on
hunting trip. They will return to-
day.
Nogales international., 1930-11-11
, FEDERAL GRAND JURY MEETS

The federal grand jury will meet
at Tucson on November II and
number Of important cases will be
brought before are inquisitorial body
by the customs and immigration Of
ficials of Nogales.
Nogales international., 1930-11-11

Robert A. Campbell, prominent
Patagonia business man, was here
Saturday.
Nogales international., 1930-11-11

Miss Mary de Hart has been laid
up for several days with influenza
Nogales international., 1930-11-11
HOLIDAY TODAY

Banks and other business houses
will be closed all day today, Arm
istice Day.
Nogales international., 1930-11-11

Ed Bohlinger of Patagonia, Rep
resentative-elect, was here Satur-
day.
Nogales international., 1930-11-11
PROMINENT VISITORS

Mr.. and Mrs. Ralph O'Neill Of
New York and Mr.. O'Neill's sister,
Mrs. Jimmy Duke of Fort Riley,
Kansas, arrived Sunday by automo-
bile enroute to the Pacific coast.
During their stay here they are
guests Of r. L. O'Neill, father of
Ralph O'Neill and Mrs. Duke. Ralph
O'Neill, former Nogales boy. is a
famous aviator.
Nogales international., 1930-11-11
MANY THANKS!

The Nogales International takes
this means of publicly thanking
Band Leader Leslie King and the
25th Infantry Band for serenading
this newspaper during "Civic Dis
play Night" Friday night.
F. M. Manson returned Tuesday
from Cajeme and left Friday on a
trip to Los Angeles.
Spanish lessons, I24 Franklin
street. Phone 480-J for appoint
ment Mrs. Sotomayor. (adv.)
Mr.. and Mrs. r. G. Watson left
Sunday for Phoenix to spend sew
eral days at the Arizona State Fair.
GILTING SIGN WITH GOLD
The name plate on the Sonora
Bank d Trust company has been
greatly improved in appearance on
the front of the building on Morley
avenue. The name plate was gifted
with gold leaf by Lewis Price, ex-
pert sign man.
Before you buy radio, hear the
Edison at the Lohn Studio, 31l !
Morley avenue. (adv.) -. -. -. -.
DR.. M. A. Wuerschmidt made a
business trip to Cajeme, Sonora for
a few days. He will return today.
Victor j. Wager, who was elected
sheriff of Santa Cruz county last
Tuesday, went to Phoenix Friday to
spend a few days.
Nogales international., 1930-11-11

Before you buy radio, hear the
Edison at the Lohn Studio, 311
Morley avenue. (adv.) w -. -. ....
Mrs. Herbert Wood and two child
rem, from Cascabel, have been
spending few days in the city
and will be joined today by Mr..
Wood who will spend Armistice
Day here.
Nogales international., 1930-11-11

Mrs. Lula Larinore, county school
superintendent, visited the Calabas-
as and Tumacacori schools last
week.
Nogales international., 1930-11-11

Bart Sisk, brother Of H. r. Sisk
of the Nogales Herald, was visitor
here Friday from Los Angeles.
Nogales international., 1930-11-11

Victor j. Wager, who was elected
sheriff of Santa Cruz county last
Tuesday, went to Phoenix Friday to
spend a few days.
Nogales international., 1930-11-11

Mr.. and Mrs. r. G. Watson left
Sunday for Phoenix to spend sew
eral days at the Arizona State Fair.
Nogales international., 1930-11-11

DR.. M. A. Wuerschmidt made a
business trip to Cajeme, Sonora for
a few days. He will return today.
Nogales international., 1930-11-11

Before you buy a radio, hear the
Edison at the Lohn Studio, 3I1
Morley avenue. (adv.) -. -. -. 49,.
Nogales international., 1930-11-11

F. M. Manson returned Tuesday
from Cajeme and left Friday on a
trip to Los Angeles.
Nogales international., 1930-11-11

Spanish lessons, I24 Franklin
street. Phone 48O-J for appoint
ment Mrs. S0tomay0r. (adv.)
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1930-11-28

dare" as never before. No longer are
they content to create merely from the
unitarian standpoint, now that they
have fully awakened to the fact that
that elusive something called style"
is as important an element as is the
warmth and comfort of a coat.
Now that fur styllsts have accepted
fashions challenge to design along
lines of ultra chic, they are recording
a program of brilliant achievement.
In arriving at style and attractiveness
for the coat many designers are
working along the theory that two
furs are better than one. Which ac-
counts for the fact that throughout
the realm of fur fashions the idea of
combining pelts of entirely different
character and contrasting colorings is
being exploited to quite large de-
gree.
The handsome coat of black persian
lamb collared In platinum fox, which
is in the foreground in the illustra-
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1930-11-28

ton, reflects this style influence with
fattering results. The luxurious col
lar is designed with the thought in
mind that back views must be as ar
resting to the eye as front. The ami
NAL head placed at the nape of the
neck suggests interesting and novel
trimming treatments for the future.
The uneven hemllne OF this coat oc.
casions comment, because il is fea-
ture of the more exclusive models.
Novel hemlines are being made much
of more especially among designers
who cater TO an elite clientele.
The disposition to combine one fur
with another is widely expressed this
season in seal coats which are enliv-
ened with light beige or white collars
and cuffs. Russian fitch effectively
contrasts the brOwn-black seal model
posed to The left. The youthful mod
el In the center is enlivened with ex-
quisite ermine.
CHERIE NICHOLAS.
"a Ina0 wAs,arn Nswsnaner union-l
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1930-11-28

"Shieling of My Sorrow"
Typical Highland Legend

The following legend is associated
with Aueda No Dhubhach, the sloping
ground lying to the east Of Loeb Drom,
on the way from Carve to Ullapool, In
the highlands of Scotland. Three young
men from Strathmore were returning
home from the low country where they
had been working all summer and
autumn. They reached Loeb Drom
In the evening, and as the night was
stormy, they decided to stay in shiel-
ing that was near. One of the men
was piper, and had his pipes with
him, and to pass the time away he
struck up tune on the pipes, while
his two companions danced to the
music. One Of the lads said it would
be fine If they had some lassieS to
dance with. He had hardly spoken
when three women entered the shell
ing, and Joined the dancing. The dane
ing and playing went on for a long
time, and at last the two men sat
down on the seat, and the women
seated themselves beside them. The
piper, feeling all was not right, looked
at his two companions, and was horri-
fed to see them dead. Slipping out,
leaving his plaid with the women, he
ran for his life as fast as he could.
The women followed, and continued to
pursue the poor, exhausted piper until
dawn, when he came in sight of Fas-
grianach, and escaped from his evil
pursuers. When the mothers of the
dead men arrived at the Smelling the
next day they bewailed their loss,
repeating the words "Aueda No Dhub-
hach"-"Shieling of my sorrow
Montreal Family Herald.