davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-11
FLUCTUATE
IN NARROW RANGE
Appearance of Bargain Hunt
erS Indicated by Demand
for Some Issues.
BY r. H. RICHARDSON.
special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, November l1.-Bonds
fiuctuated irregularly today, but the
declines were in numerical superiority,
with the continued flow of necessitous
selling resulting from the steady down.
turn of stocks.
It was apparent from the movement
of many issues, however, that bargain
hunters were in the market to a greater
extent than in recent sessions This
was especially true of seasoned invest
ment issues, many of which have been
depressed out of line with money rates
Atchison General As, Standard Oil of
New York 412s, Utah Power g. Light
SIS and American g. Foreign Power SIS
were all somewhat improved.
The selling was still effective in put
ting down such strong bonds as Ca
madam National SIS, Pennsylvania 412s,
Southern Pacific 41aS, Union Pacific
first As, Nickel Plate 51as, Standard Oil
of New Jersey SIS, Philadelphia Co. SIS,
Columbia Gas SIS. New York Tele-
phone AVS and youngstown Sheet g.
Tube SIS.
Money rates were unchanged. Vol
une was somewhat heavier than on
Monday.
The breadth Of the liquidation was
exemplified by renewed selling of high
yielding, long-term public utility deben-
lures. American Power e. Light IS of
20l6, for instance, showed no disposition
to recover after their 5-point decline of
Monday Others that were weak were
American Gas & Power IS, American
Commonwealth Power IS. Associated
Gas Sc Electric SIS and Cities Service
Power g. Light S 12s. There had been
no change in the earnings or other
statistical standing of these companies,
so the movement merely illustrates the
lengths to which investors have been
forced to support their stock holdings.
Convertible issues had an irregular
tone. with small advances in Philadel-
phia g. Reading Coal. 81 Iron IS, Chi
cago & Northwestern 434s, Interna-
tional Telephone 41as and Texas Cor
poration SIS, and losses in Baltimore &
Ohio AIS, American International SIS,
Commercial Investment Trust SIPS,
General Theaters Equipment IS and
Warner Bros. Pictures IS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-11
UTILITIES DECLARED
IN STRONG POSITION
Head of North American Company
DEGREES Rumors Spread Dur
ing Camnaign.
-.ciaI Dispatoh to The star.

NEW YORK, November 11.-Frank
=. Dame, PRESENT Of TIL North Ameri-
can Co. enc # tho great public utility
systems OF thu CT. l5,. believes that
invss.ots in Lub utii.Cy securities
have been n3cdlccs J alarmed by the
runors and talk of adverse legislation
as an Outcome OF the election The
election in itself, in Mr.. Danes opin-
len, has removed the uncertainty and
anxiety which are always felt in the
course of 81 campaign. and leaves the
utility industries in just as favorable
a position as before to continue their
progress without tha interruption OF
alarms occasioned by political ges-
lures and conversation.
Mr. Dame said:
1.-The election results have ne.
added to nor subtracted from tt
sition OF the public utilities in g
and the electric light and power i
try In particular This is true 4.
every standpoint growth, investment
and service.
Campaign rumors, apparently car
ried TO some extent beyond election
day, unduly alarmed some investors.
That the basis of it was not partisan,
but due to individual political pre-
sensations has been shown by the
Democratic result in New York and
the Republican result In Pennsylvania,
the two States in which public utilities
were a subject of conversation. Both
of these States have had previous adj
ministrations by the Governors Just
elected, and the progress, the good
service and the investment security of
the public utility industry were in no
way hampered.
1.-THE optimism, which can now be
felt as a result of post-election sanity
is attributed in some responsible quar-
tiers not only to the termination of po-
ntical propaganda, but also to the ar
rival of a period of certainty. There
had been a state of uncertainty, due to
the political fog that always attends
a campaign, with runors of threats Of
partisan legislation against business.
Whether one party or the other is in
power in Nation or State, whether a
legislative deadlock or a majority in
opposition to the executive adminiStra-
ton, there is the satisfaction of GER
tainty that the aim is now to help and
not to harm business.
Copyright. 19sO)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-11

notices today Gables were mixed, with
Yokohama OF to up and Kobe 2 tc
higher.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-11
live STOCK PRICES
|. SHOW FIRM TREND
Eggs and Some Vegetables
Also Steady Since First
of Month.

Some farm products resisted the
downward trend that prevailed in the
general markets, the first part Of Mo-
vember, saws the United States DEPART
ment of Agriculture Bureau Of Agri-
cultural Economies Market News Serv-
ice. Eggs, livestock and some of the
cause OF lighter supplies. Cotton, poul-
try and cheese sold at about recent lew
els. Grain and potatoes continued weak
features,
Other commodities than those pro-
duced on farm shared in the declining
tendencies. but retail prices have not
declined as fast as the wholesale mar
kets and the buying power Of the
farmers shows no improvement, al
though building material and some
other farm supplies can be purchased
to advantage.
Turkeys Slightly Lower.
With a larger supply OF turkeys in
anticipation OF Thanksgiving require
ments, prices have been declining
slightly. Combined receipts of dressed
poultry have been lighter than in early
November, 1929, and the dressed poul-
try market, as a whole, has been hold
ing its price level fairly we'll with roast
ers at 81 to % cents pound in New
York.
The tone of the November egg mar
ket continues firm with the usual up
ward price tendency of November.
Prices advanced 2 to cents O dozen
ON fresh eggs during the flrst 10 days of
the month and from l TO 2 cents on
refrigerator stock. New York prices on
Western firSts were 80 to 80 cents.
Potato Shipments Decrease.
Carlot shipments of potatoes were de-
creasing in early November, partly be-
cause of unsatisfactory prices at Ship
ping points, but the weekly output Is
larger than at this time last year.
Maine and Idaho continue leading ship
ping sections. Prices tended lower in
most producing sections, and Chicago
market declined Eastern city pobbing
prices held about steady on Green
Mountain potatoes, but were slightly
weaker on other round white varieties.
Butter Markets Weak.
Demand was rather unsatisfactory in
Eastern butter markets during the first
part of November. Many large users
were working out their own storage sup
ply, and consequently we're not in the
market to any great extent for fresh
butter Prices developed a declining
tendency. The most encouraging fea-
ture is the rapid clearance of the hold
ings in cold storage. Production of fresh
butter, according to some reports,
shows an increase over the corresponds
ing period a year ago. Markets on fresh
cream are weak in the East and supply
Is more than enough to meet require
ments.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-11
Market Values Decline.


But this bear market has everybody
guessing
Market Values Decline.
The market value of 100 representa-
tive common stocks on the New York
stock exchange declined s2,5l2, 600 600.
about 10 per cent-during october. At
the end of October. these 100 stocks
were appraised at $23, 800, 900, COCOON
pared to the market value of $43,447,-
600 600 in August of 1929. Think for a
moment just what that shrinkage
meansl Yet the present valuation Is
almost 81, 900, 100000 less than the ex-
treme low of last year. No wonder some
people are discouraged.
In my opinion, the foundation for
more great fortunes will be laid in the
next i've years than in any decade be-
FORE" commented New York business
man TO me recently. Check
When John Thompson was asked why
he founded the Chase National Bank
during the depression of 1877, he re-
piled: everything has touched bottom
and 1t has gone as low as it can. II
there be any change at all, it must De
for the better"
That's the way it looks right nowl
Canadian Industry.
S. H Logan, general manager of the
Canadian Bank OF Commerce, says that
the output Of Canadian industry today
equals that of 1927 and that manufac-
turing in Canada gained 80 per cent In
the period from 1918 to 1929.
The value of Canada's processed ex.
ports range in normal years between sc
and so per cent of the value of all ex-
ports. Last year they were about $780,
100000 out of $1,182. 600, 900.
In the export Of Canadian manufac-
turers last year the pulp and paper in.
dustry was first with the gross produc.
ton Of S244 900 900, -four and grist mill.
ing was next with $40, 0O0, 900, meai
packing third with $186. 900 900 and au
tonobile manufacturing fourth witt
&l77 900 900 gross sales.
The growth of Canadian manufac
turing, as a whole, up to the end o
1929 may be summarized thus: TIL
physical output had grown since 1872
at an annual rate of 10 per cent; it wa
so per cent greater than at the end o
the war and more than double what
was at the beginning.
"Once purchasing power in the olde
countries is re$established and the mar
kets for the major commodities becom
normal Canadian industry may reyiy
as quickly as it has reacted to the pres
ent deflationary influences" says Mi
Logan.
(CcpyriRht, 1880. by North American News
paper Alliance.)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-11
NEW SECURITIES

NEW YORK, November ii G41.-New
securities offered today include:
Wichita Water Co. 81 100000 first
mortgage per cent bonds, series G,
maturing November L. 1860; priced at
e5 and accrued interest, TO yield about
SIS per cent: by w. G. Langley a. Co.
and Halsey, Stuart & Co.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-11
BANK CLEARINGs.

NEW YORK, November 11.--New
York bank clearings today, 81 ,404, 000.-
600; year ago, $i,72l ,000.00 New
York bank balances today, SiA6.0 00, 600;
a year ago, $i93 100000 New York
Federal Reserve bank credits today,
sl32. 000. 900; year ago, s137. 900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-11
AFTER CALL.
d and Asked Prices.
BONDS.
PUBLIC UTILITY.

Bid. Asked.
Amer. Tel g. Telga. 4Izs 39. 14I 49,.
Am. Tel. g. Tel cti. tr. 5s.... IO591 -.
Anacostia g. Pot r. r. 5s... 80 80
Anacosta 81 Pot. guar. 5s.. 95 80
G. g. p. Tel. of Va. SIS. ...... 102 -.
Capital Traction r. r. 5s..... s4la 81
City & Suburban SIS. ........... 80 80
GEORGETOWN Gas LIST 5s........ 1881 .....
Potomac Elec. cons. SO ........ 103 .....
Potomac Elec. IS 1888 ...... lot 10
Wash, Alex g. Mt. Yer ctf.. 2 500.
Wash, Baltic e. Annap. $751;. 81 a
Washington Gas 5s........... 104ja 100
Wash. Gas IS, series A........ 1924 103A
Wash. Gas IS. series 3d.. los .....
Wash. Rwy. e. Elec. 4s........ 81 3d.
MISCELLANEOUS
Barber a. Ross, Inc, 61zs... 81 90
Chevy Chase Club 5las. ........ 100 $3.50.
D. c. Paper Mfg. 6s.......... so SIS
W. M. Cold Storage 5s...... 95 ....
Wash. Cons. Title 6S........... ..... 100
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-11
TREASURY CERTIFICATEs.
Chrysler Shipments.
by J. & W. selivman g. CO..

NEW YORK, November IL OP-
Shipments of the Chrysler Corp. from
United States and Canadian plants in
October, totaled 1882 units. decline
of 1s per cent fFRm September, ana
50 per cent from OctobeE last year
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-11

There is a bear market today. No
one win deny that now. Most bear
markets since 1897 have stopped above
the low level reached in the preceding
bear market, but below the peak OF the
second preceding bull market" says
Goodbody g. Co, and present these
figures to prove the assertion.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-11
RAW SILK FUTURES.

NEW YORK, November IL Especially
Opening quotations for raw silk flu
lures were 5 points lower to 2 points
higher today, the distant months show
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-11

with the exception of 1926, no bear
market ended until the average was
below the peak of the second preceding
bull market. None of the above bear
markets lasted more than one month
beyond two Octobers. Those OF lSOS
and 1907 ended in November, after hav-
ing declined through the two previous
Octobsrs
But this bear market has everybody
guessing.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-11

ing strength Trading was in small
volume, with importing interests buy
ing from commission houses Dealer
interests and houses with uptown con-
nections were Offering faiT-sized
amounts. There were no transferable
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-11

British hand-organ men have routed
Greek strong arm musicians from
London streets, and now only 100 make
their living at the vocation.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-11

F.AI X.72
the annual cash
based the
a Sun Of trsens less than 100 shares +Pary extra
Payable
Pgabis IN cash Or STOCK 1Pus io stock
IN m
Plus l4% in stock "
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-11
Washington Stock Exchange

Washington Gas IS "A"-$2O0 at 1921.
Capital Traction Coo at so.
Potomac Electric So pfd-2 at 1909.
Washington Gas Light-10 at 121, 5 at
121, 5 at 121.
Commercial National Bank-10 at 223.
Barber & Ross com.-25 at 1872.
Columbia Sand 81 Gravel pfd-10 at
S4&.
Mergenthaler Linotype-10 at S9ss.
National Mtge. & Ind pfd.-40 at 5.
AFTER CALL.
Washington Gas IS "B"-S500 at 1854.
Potomac Electric Cons. 5s-$1, 900 at
: 1924, $1,000 at 103.
Washington Rwy. g. Electric 4s-$50o
at 81
Potomac Electric SO pfd.-5 at 111H.
Capital Traction Coo at 50H.
Bid and Asked Prices.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-11

Spain Is exporting nearly twice as
much olive oil Is q year ago.
The Republican. [volume] (Oakland, Md.) 1877-current, 1930-11-27
ACCIDENT
Notes of the Churches.

Owing to the vacancy now existing
in the English Lutheran parish, there
will be no services in any Of the
churches on Sunday except the reg
ular sessions of the. various Sunday
schools.
Zion Lutheran Church, Rev. A. w.
Code, PASTORAL $50 Sunday school
with English service following at
1890 o'clock A. M.
Miscellaneous Shower.
At a joint meeting of the Ladies'
Aid and Missionary Societies, of st.
Paul's Lutheran church, at the home
of Mrs. Harrison Kamp last Thurs
day night, Mrs. Homer Lohr was the
guest of honor and was rendered a
miscellaneous shower. She received
a number of useful gifts. Refresh
ments were served by the hostess. The
December meeting of the society will
be held at the home of Mrs. E. H. Ault
on December II instead of at the reg
ular time. At this meeting officers
for the ensuing year will be elected.
All members are urged to be present.
Notes from The School
In the inter-class games last week.
which were played on the local field,
the sophomore class won the cham
pionship. In the inter-class fieldball
the score of the teams was tied. A
The Republican. [volume] (Oakland, Md.) 1877-current, 1930-11-27

Charles Kelley, Ernest Ridder and
family. The evening was pleasantly
spent in music and singing. Refresh
ments were served.
Mr.. and Mrs. Noah Slabach and
daughter were guests at the home of
l. L. Beckman at Lynndale on Sum-
day.
Mr.. and Mrs. Harvey Fike and Mrs.
James Martin, of Red House; Mr.. and
Mrs. Silas Fike, of Eglon, visited at
W. E. Spcerlein's and Jacob Swartzen-
truber's homes during the Bible con-
ference.
The Lichty family entertained the
following guests recently: Misses
Minnie Shaffer, Fannie Moon, Mrs.
Ray Gnegy and Mrs. Hosea Elzey, Of
Pleasant Valley; Mrs. Walter Moo
NAV and son, Mrs. Mary Lee and Mrs.
l. L. Beckman.
S. w. Slabach, Miss Lena Slabach
and Mr.. and Mrs. Albert Sisk attend
ed the farewell party for Mr.. and Mrs.
Frank Shaffer at Red House on Sat-
urday evening.
Mrs. Harvey Swartzentruber and
son Delbert and Mrs. Elwood Schloss-
nagle spent Thursday afternoon with
Mrs. Max Orendorf.
Miss Verda Bender and Mr.. Simon
Beachy, of near Meyersdale and Mr..
and Mrs. Eli Swartzentruber, recently
welded, of Norfolk, Va, visited rela-
tives here Friday and Saturday.
Mr.. and Mrs. D. L. Swartzentruber
| and children were dinner guests on
Sunday of Mr.. and Mrs. Harvey Fike.
Mr.. Sam Beachy and family visited
Mr.. and Mrs. Norman Beachy, near
Meyersdale, on Sunday.
The Republican. [volume] (Oakland, Md.) 1877-current, 1930-11-27

Melchoir Hetrick and Mr.. and Mrs.
George Stark at Bittinger on Thurs
day last.
Mr.. and Mrs. Hervey Roth, Ray
Mosser and family, Mrs. Anna Bit
finger and Mrs. Paul WEIGH were
guests at the Dodge home on Sunday.
Among the recent visitors at the
home of Mr.. S. w. Slabaugh were Vera
Swain, Lynndale; Loretta Fike, Egg
Ion; Mrs. Abraham Moon, Mrs. Au-
gust Killius and daughter Mildred
and Miss Fannie Moon, Loeb Lynn;
Mrs. Ray Gnegy, Pleasant Valley;
Charles Vaught and family, Eglon:
Roy Sanders, Cumberland; Mrs. Ly-
dia Bender, Scottdale, Pa; Mrs. Joel
Slabach and Misses Lottie Butler and
Matte Davis.
Elwood Schlossnagle and family
spent Sunday afternoon with James
Dodge at Thayerville.
Mrs. Lydia Bender, of Scottdale,
Pa, who spent several days here with
her sister, Mrs. Joel Slabach, has re-
turned to her home.
On Wednesday evening Mrs. R. L.
Gauer gave a surprise party in honor
of her husbands Ga birthday. Those
present included Misses Iona Kelley,
Minnie Shaffer, Lena Slabach, Grace
! Mason, Vera Swain, Audrey, Frieda
and Helen Sanders, Laura Ridder;
Neil and Roy Sanders, Allen Kelley,
S. W. Slabach, John Shaffer, Scott,
Charles and David Ridder, Bliss Bak-
er; Mr.. and Mrs. o. S. Ridder, Mr.
and Mrs. Albert Sisk, ]. w. Baker
and family, Mr.. and Mrs. Will Sand
ers, Baily Ridder and family, Mrs.
The Republican. [volume] (Oakland, Md.) 1877-current, 1930-11-27

game will be played in the near fu-
ture to decide the championship in
this game.
School closed on Wednesday at noon
for the Thanksgiving holidays and
will reopen next Monday.
Prof. Aiken will spend the vacation
with relatives at Bethesda, Md; Prof.
Scrogum will be with relatives near
Harrisburg, Pa; Miss Carter will go
to Elkins for the period and Miss
Bewley will spend her vacation at her
home at Berwyn, Md.
Meeting of the B. Y. P. d.
Members of the B. Y. P. D. of the
Church of the Brethren met last Fri
day night at the home of Rev. A. D.
Scrogum when officers were elected
as follows: President, Grace Speicher;
vice-president, John P. Speicher;
secretary, Mabel Speicher; treasurer
Ola King. There were II members
of the society present. The depart
ment will meet twice a month and the
time will be spent in studying relig-
ious education topics. Rev. Scrogum
will direct the work.
Personal Mention.
Miss Mary Speicher, who has been
attending college at Parkersburg, W.
Va, is home to spend the Thanksgiv-
ing vacation with her mother, Mrs.
Allie Speicher.
Mr.. and Mrs. A. D. King and Miss
Ola King spent last Saturday IN Oak
land.
Prof. H. w. Ramer, of Salisbury
Pa, who conducted the services in St.
Pauls Lutheran church Sunday even
ing, was a guest at the home of Mr.
and Mrs. J. L. Englehart.
Misses Althea Schlossnagle and Ger
trude Fike and Mrs. Florence Schloss-
ragle and son Andrew attended the
feldball game at Grantsville last Fri
day.
A. j. Alexander and family motored
to Kingwood, w. Va, last Sunday
and spent the day at Staley Martins
Mrs. Florence Schlossnagle, Althea
and Andrew Schlossnagle spent last
Sunday in the Cove where they were
cuests of Mr.. and Mrs. Frank Mar.
CROFT.
Mr.. and Mrs. August Neil, Friends
vile, visited Mrs. Anna M. Neil a!
this place Sunday evening.
Harvey Hetrick and family were
recent guests at the home of Mr.. and
Mrs. John Hetrick.
Roy Turney and family spent last
Saturday at Terra Alta, w. Va, as
guests of Mr.. and Mrs. Harvey Fra.
zee.
The Republican. [volume] (Oakland, Md.) 1877-current, 1930-11-27

John Hetrick sold a very fine cow
one day last week to Clarence Oester,
of Bittinger.
Mrs. Martin Rush and son Mitchell
motored to Waynesboro, Pa, one day
recently.
Miss Gertrude Fike, of Friendsville,
spent the past week at the home of
Mr.. and Mrs. N. M. HENDERSON.
Mr.. and Mrs. w. H. Haenftling
called at the home of Mr.. August
Harmon in the Cove on Sunday.
Mrs. Sylvia Reel and daughters
Margaret and Christina and Miss
Head, of Cumberland, were Sunday
guests at the home of Mr.. and Mrs.
VIM. Miller.
Mr.. and Mrs. w. Durham, Friends
vile, were recent guests at the home
Of Mr.. and Mrs. w. H. Haenftling.
Miss Lena Englehart, of Homecoming,
who spent the past week with rela-
tives here, returned to Homecoming on
Sunday.
Misses Nellie and Annie George
and Eva Zinkan were guests at the
home of Mr.. and Mrs. Luther Keller
on Sunday.
Mrs. Frisby HENDERSON and FAM
lily, of the Glades, were Sunday WIS.,
itors at the home of Mr.. N. M. Hum
berson in Accident.
w. C. Long and Mr.. and Mrs. Lem
ley, of Mt. Morris, Pa, were guests
at the George Weitzel home last Tues
day evening.
Mrs. Lydia Savage and son Oscar
were recent guests at the home OF
Mr.. and Mrs. Albert Frazee, Friends
vile.
Mrs. Harry Rhoads and Misses
Grace Wyant and Nina Peck were in
Cumberland one day last week.
Mr.. Philippi, of Westmoreland, Pa,
was here several days last week on
business.
H. ]. Speicher was in Oakland on
business last Friday.
The Republican. [volume] (Oakland, Md.) 1877-current, 1930-11-27

The conference was well attended
and the truth was taught with no I'M
certain sound. The speakers left here
for Casselman and Glades churches
to conduct similar meetings which
were also we'll attended on Saturday
and Sunday.
Mr.. and Mrs. Joseph Feather, of
near Oakland, have moved in with
the WEIGH family where they expect
to make their future home.
Mr.. and Mrs. C. A. Spiker and
children and Mrs. Mary Grove and
family spent Sunday at Swallow Falls,
the former as guests of Mr.. Newton
Reams and family, while the latter
visited her sister.
Mr.. and Mrs. Austin Lichty and Mr..
Sylvanus Maust, of near Meyersdale.
Pa, were visiting the Lichty family
here on Sunday.
Miss Loretta Fike, of Eglon, who
came to attend the Bible conference
at this place, was the guest of Mrs.
Mary Grove and Miss Lottie Butte,
during her stay.
Mrs. Catherine Miller, Mr.. Norman
Miller and family, Miss Beulah Butler
and Mrs. Roy Miller and child, of
Springs, Pa, attended the Bible con-
ference here on Tuesday where they
were guests of relatives.
Ministers Roy Otto, of Springs, Pa;
Allen Good, of Portland, Oregon, and
A. j. Metzler, of Pennsylvania, were
guests of Mr.. and Mrs. P. P. Gortne1
on Tuesday.
Mr.. and Mrs. Noah Slabaugh and
daughter Anna Virginia, and Miss Su-
sic Petersheim visited Mr.. and Mrs.