davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-12
Oil Stocks
BY GEORGE t. HUGHES.

(This is the ninth of a series of
briet analyses By Mr.. Hughes of the
principal oil stocks. The intent is
not to recommend the purchase or
sale of any particular stock, but to
glue the inDeStor such information
as may enable him intelhgently to
chart his DUN couTSeO
Recent financing for account of Un-
ion Oil of California has drawn atten-
ton to the investment status of that
stock There was sold a few weeks ago
a debenture bond issue of this company
to the amount of 5000, 900 carrying a
5 per cent coupon. The bond although
unsecured is so fully protected by earn
ings, charges having been covered in
1929 more than eight times, that there
is no doubt whatever as to its high
grade. At the offering price it yielded
over 5 per cent.
The attractive feature however, is the
fact that with the bond went a war
rant emitting the holder to subscribe on
or before April /. 1888, for 10 shares of
capital stock of the company at slid
ing scale of prices beginning at $50 a
share and advancing to SIS share.
When the issue was f1oated the stock
was selling some Is points under the
comes operative. The privilege has real
value nevertheless and conceivably may
some day be very profitable.
Union Oil of California has some
$19,614,500 of funded debt besides the
new bond and guarantees jointly an0
severally with Atlantic Refining, another
bond issue of $4,o00,000. All these bonds
sell on a low yield basis, less than
per cent. The stock which is of SIS
par Is outstanding to the amount OF
4.2l5,938 shares. Earnings during 1925
were equivalent to 1855 a share and the
present dividend rate is 81 in cash an
nually plus 4 per cent in stock.
Whether or not the market price OF
the stock will advance sufficiently to
make it an object to exercise the war
rants on the new bond depends in part
on the recovery in the oil trade in gen.
eral and in part on the progress made
by this particular company. All that
can be said is that the present outlook
is favorable.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-12
STOCK EXCHANGE +
. ACTIVITY INCREASES

Activity on the New York Stock Ex-
change showed a decided increase in
March over the first two months of the
year, although relatively far below that
of any March since 1927, according to
the Standard Statistics Co.'S new index
of stock sales, based on the number OF
shares listed, with the average of 1926
taken as 100. The index for March is
114.2, against 94.2 for February and n. 6
for January The figure for March,
1929 was 1869.
The index is designed to give a truer
picture of trading activity than that OBJ
tanned from the number of shares sold,
in that the factor Of number Of shares
listed, which has increased vastly in
the past few years, is taken into con-
sideration.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-12
NEW YORK STOCK EXCHANGE
Received rnvaew Directs o star

NOtice-An stocks sold in hundred share lots
excepting those designated by the 283s),
which shows those stocks to be sold In odd only
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-12
BANK CLEARINGS.

The reduction in bank clearings
which has characterized the report
since November is now at much the
lowest ratio of loss than at any time
during that period. Total clearings at
leading cities in the United States for
the week up to Thursday last, as re-
ported to Duns Review, amounted to
S10,879, 275, 900, the decline from the
heavy total of last year being only 6
per cent. At New York City clearings
of 1854, 100000 are 40 per cent lower,
while the aggregate for the principal
centers outside of New York of $S,245,-
275,000i is 81 per cent below last years.
Larger settlements through the banks
are clearly indicated by these returns.
In March the reduction in bank clear
ings was las per cent and in February
1913 per cent. The declines now con-
tinue mainly in the Central West and
at some of the Southern centers.
ClearingS for the week, as reported
TO r. G. Dun 81 Co., and average daily
bank clearings for the year to date are
compared herewith:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-12
u. S. TREAsURY BALANCE.

The United States Treasury balance
announced today as of close of business
April 10 was $288, sol .877.18. Customs
receipts for the month to date were
1858, 994.70. Total ordinary expendi-
lures, $12,0l0,854.2l.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-12
VIRGINIAN $5,00O,0O0
BOND ISSUE GRANTED

The Virginian Railway has been au-
thorized by the Interstate Commerce
Commission to issue S5,795, 500 first
mortgage 50-year Az per cent bonds
series B, in lieu of a like amount of
first mortgage 50-year per cent bonds,
series A. heretofore authorized to be
authenticated and delivered
OF the series B bonds. S5.O00,000 will
be sold at not less than 9412 and ac-
crued interest and the remainder held
in the carriers treasury until further
order of the commission.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-12
CONSTRUCTION ACTIVITY.

BY the Associated Press.
Building construction activity in the
United States last week fell of a trife,
as computed by Census Bureau eSti-
mates. Figures which follow give the
average daily total of new construction
contracts let in territory east of the
Rocky Mountains for the week and
comparable periods:
Week ending April 5, $16977,oOo;
preceding week, S18,112,000; sar'e week
last year, SCI $4,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-12

which, as already
noted in The Star,
was held in the
Virginia capita |
yesterday. Two To-
cal bankers were
given special hon.
ors at the meeting.
Discussion of the
growth of group,
branch and chain
banking and cleo
ton of officers fea-
tured the gather
ing attended by
IT'S bankers from
five States.
TIL e b a n k e r S
stressed the rapid
d e We lop ment Of
banking in the ma ST
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-12

Continued on easc 81
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-12

Organic heart disease and diabetes
are said to be decidedly higher among
:. American physicians than those of any
G.kcr country.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-12
DISTRICT BANKERS
WIN RECOGNITION
Two Members of Local Fra,
ternity Honored at Rich.
mond Meeting.
BY EDWARD C. STONE.

Washington bankers today expressed
keen satisfaction over the annual meet
ing of the Stockholders Association of
the Federal Reserve Bank of Richmond.
The Washington times., 1930-05-27
INDIA
). AWAKENING

BOSTON, May 81 1N.SJ-
That the people of India are begin
ming to leave their old ethnic faith,
with its attendant downward
trend, for the better instincts
which lead upward, was expressed
by Bishop Fred B. Fisher, of Cal
cutta, India, in addressing Boston
University theological students
here recently.
"The people of India once be.
lieved that their only release
from this poor life was no life,"
Bishop Fisher declared, "but
Christianity and scientific knOwl.
edge showed the fallacy of the
old system. There has come
about a transfer from the down.
ward pull of the old social in.
stinctS for a release of their finer
instincts. Now they feel that
they can mold their nation sol
Idly, and that is what they are
trying to do"
In discussing the present Situa-
tion in India, Bishop Fisher con-
tinued:
This confusion in India about
which so many are worrying, is
good. 1t was once said that In.
dia was an inane, inert, supine,
that the worlds capital would be
safe there, for the people would
never object. But today India
is finding herself, she is stand
ing up by herself, and this in
dividualiS.n is to be admired"
The Washington times., 1930-05-27
Fathers and Sons
To Make WhOOpee

Whoopee is in store for the
youngsters at the Father and
Sons banquet in the National
Press Club tomorrow night. A
free feed. Then prizes of base.
balls, bats, spikes and baseball
gloves. all autographed by mem.
bers of the Washington baseball
club.
The banquet is the sixth an
nual of the Brotherhood Of The
Washington Hebrew Congregation.
DR.. Royal S. Copeland, United
States Senator from New York,
will speak. Alvin Newmyer will
be master of ceremonies. Vaude,
Vile entertainment is also on the
program.
The Washington times., 1930-05-27
Construction Work
On Gain in Virginia

RICHMOND. Va, May 27.-
New awards for construction of
all types in Virginia during April
totaled $5,732,7OO, according to
figures just released here. This
compared with $5,585,500 for the
preceding month, and $6,220,400
for April of last year.
For the first four months of
1890, construction contracts ag-
gregated $24,715,20 This was
a gain of almost 8 per cent over
the total of $22,9l9,600 reported
for the corresponding four
months of 1929 and compared
with the II per cent decline for
the 81 States East of the Rocky
Mountains.
The Washington times., 1930-05-27
LiIiur,s and Lettuce,
Roses and Rddishes

Liliums will vie with lettuce
and roses with radishes at the
spring exhibition Of the Mont
gomery Suburban Garden Club in
the Somerset School, at Somerset,
Md. opening Saturday at Z p. m.
Ninety classes of flowers, fruits
and vegetables will compete Tor
nrizes The American Peony So.
ciety's regional peony show WI
be held jointly with the SomerseC
display. The show will continue
through Sunday. Nine judges
are to make awards. Howard =.
watkins, of Somerset, is chair,
man of exhibition, and DR.; Earl
B. White, of Kensington, directs
the peony section.
New Britain herald., 1930-04-05
ROMAN COURT MOURNS DEAD SWEDISH QUEEN
Italian MOnarchs and Il Duce Call at Villa Where
 Victoria Died

Rome, April ,. P>-Oficial Rome was in deep mourning today for Queen Victoria of Sweden, who died last night at her Villa Svezia here after a heart attack. She was ill for more than 20 years preceding her death.
 This city knew the queen almost better than her own capital, Stock holm, since it was here that she spent a considerable part of her time during the long bronchial ii!- ness.
 The queen died with King Gus tav and almost all the royal family, including Prince William, at her bedside. King Gustav held he: hand as fife ebbed. She died calmly and without apparent pain.
 Her body lay in state today at her villa. It will be transported tc Sweden for interment after serv- ices at the German Lutheran church here.
 Shortly after her death King Victor Emmanuel and Queen Elena the Prince of Hessc, and Under. secretary of Foreign Affairs Fan called to offer their condolences Cardinal Pacclli, Papal secretary O state. communicated the news tc the Pope, who expressed profound sorrow.
 Death of Queen Victoria recalled her young womanhood as Princes: (Continucd on Page Two)
New Britain herald., 1930-04-05
Chicken Coop Burns;
 Damage Put at $1,OOO

A large wooden chicken coop at 45 Sterling street was destroyed by fire last night with a loss estimated at $1.000 by Chief w. J. Noble of the fire department. Croce Riga, a poultryman, owns the property.
 The fire department was called at 11:21 o'clock by an alarm from Box SS7 and found the coop cnveloped in flames. No poultry was lost, so far as could be ascertained.
 At 6:27 o'clock last evening Co. No. 4 was called to grass fire in a vacant lot on Clinton street, and at 10:43 o'clock Co. No. went to 35 Pearl street where fire had broken out in q pile of rubbish on the for mor Knights of Columbus property.
 A grass fire at 252 Clark street on property of Mrs. M. A. Lynch was extinguished by Co. No. 3 at 9;2o o'clock this forenoon.
New Britain herald., 1930-04-05
Quigley Denies He Has
 Promised Appointments

George A. Quigley, republican
 candidate for mayor. today denied that he had made any promises in connection with the appointment of commissioners in the event he is elected next Tuesday.
 You can say for me that I have
 not consulted with any persons re-
 garding appointments nor have I made any promises" Mr. Quigley
 said. In fact, have not given the
 matter any thought.
 The Herald yesterday printed the
 names of several prominent Quiglcy workers who. it has been rumored, l have been slated for berths if their i candidate is elected.
New Britain herald., 1930-04-05
MOONEY SPEEDS ON
 TOWARD NEW MARK
TranS-COntinenttal Fler Over
 Kansas City Early Today RUNS INTO HEAD WINDS
Pilot Left Los Angeles Secretly Yes
 terday Morning, Hoping to Estab- fish Record for Light Planes Cnrcported in New York.

Kansas City, April (P) - A A year old airplane designer, Albert NJ. CAD Mooney, flying a small low wing monoplane of his own manu- fracture, today was believed headed cast toward New York, well on his way in an endeavor to establish q speedy transcontincntal flight record for light planes.
 Mooney, who took off secretly from Los Angeles at G43 a. m., Pa cific coast time, yesterday morning, was reported over Kansas City at 2:05 a. m.
 Previously, at 12:3O a. m, the ship passed over it's home hangar at Wichita, Kas. Attendants there, who said they plainly recognized the plane, reported the pilot circled the field at an elevation of about 200 feet.
 The pilot did not drop flare at Wichita, as he had expected to do After circling the field he continued on toward the northeast. In be- lated announcement of his nonstop attempt, Mooney was quoted as say ing he hoped to make the trip in e2 hours. This would place the time of his arrival in New York, his destination, shortly before a. m. eastern time.
 Heading Into Wind At Wichita, the designer was
 Continued on Page Two)
New Britain herald., 1930-04-05
WORKERS ANNOUNCED
 FOR ELECTION DAY
New Precinct System Re. quires Additional Force
 at Polls

Registrars Thomas J. Smith and William J. Ziegler today announced appointment of a force of about 100 election day officials to be in charge of the balloting in 10 precincts.
 Splitting of four wards into two voting districts each resulted in add ing 30 checkers, eight deputies and four moderators to the list this year.
 Following are those selected by the registrars:
 Moderators: Michael Hannon, Martin Connolly, John r. Lecney, Harold Ward, William Dorsey, AL fred Rice, Frank 1llingworth, Fred Yost, William J. Rawlings, John Middleton.
 Checkers: William Fitzpatrick, A. Sullivan, Howard Smith, Basil Riley, William OBricn, Raymond Cunning, Mrs. Zarccho, John Du- dacll, Sam Rosenberg, James Dona- hue, Mrs. John O'Mara, Mrs. Joseph Callahan, Miss Rose Butler, Miss Mary Donahuc, Mrs. Frank Hum- phrcy, w. Arzylowicz, Mrs. Wilbur Mrs. Cullinan, Mrs. Koval, William Bentley, Bernard Prclle. Walter Golf. Alex Sandbcrg, Jacob Petros-
 Continued on Page Two)
New Britain herald., 1930-04-05
ELM HILL MAN, 89, OPPOSES AVIATION
August Ringquia Says God
 Didn't Mean Man to Fly
HAS S6 DESCENDANTS
Aged Swedish Resident Very Active Despite Years - Chops All Wood for Sons Farm and Helps Dig PO- tatoes-To Observe Birthday.
(special to the Heraldl

Newington, April August Ring quist of Elm Hill will observe his S9th birthday anniversary Sunday, April 6. MT. Ringquist was born in q small town situated outside Gotten burg, Sweden, his parents being hard working farmers.
 MT. Ringquist arrived in America 20 years ago last August and since that time has made his home with his son John, who runs a large farm at Elm Hill. Another son. Samuel. lives in New Britain. MT. Ringquists s wife died two years before his emi- grafton in America. Upon his arrival in Ncwington MT. Ringquist did not enjoy good health, but after being acclimated to this country his health improved. The last time physician was needed was in 1927 when he fell down a flight of stairs and cut his head so that it was necessary to
 (Continued on Page Two)
New Britain herald., 1930-04-05
WINE CELLAR BUILT
 IN COOLIDGE HOUSE 'Beeches" Has Liquor Vault, Survey of Prem
 ises Reveals

Northampton, Mass. April (UP) When they move into their rather luxurious new home, sometime be- tween now and June i, Former Pres idcnt and Mrs. Calvin Coolidge will face the problem of what to do with a specially constructed wine cellar.
 The fact that The Bceches,' which Coolidge purchased at price esti- mated at S40,000 or moro few days ago. has such q vintage vault, vas revealed yesterday when Mrs. Nj. l.. Comcy, former owner, took T group of newspaper men and women on q personally conducted tour Of the estate.
 She explained that for the Cool idges, the wine cellar obviously would prove d useless accessory, but she said the new owner would be able to utilize another section of the basement which provided chauffeurs quarters.
 The house, a 1G-room structure surrounded by nine acres of slopinc land attractivcly dotted with beech trecs has an interior finish almolt exclusively of red birch.
 On the first floor is a spacious library with shelves extending to the ceiling and capable of accommodate ing 500 volumes. A feature of this room is an indirect lighting donle which hangs in the center and which was bought by Mrs Comey iI Damascus
 Also on the ground floor are the dining room. a sun parlor, buffers pantry main kitcbcn, and cook dining room.
 On the second floor arc two at tractivc guest rooms and two sleep.
New Britain herald., 1930-04-05
'O|L CUSTER AGAIN
 OUT OF CONTROL
Seven Hours Captivity Ends as
 Pressure Increases
FIRE DANGER VERY SERIOUS
Mary Sudik No. 1 Well On Ram- page Since Week Ago Wednesday Spray Blown Many Miles Into Oklahoma City.

Oklahoma City. April P)- Hurling aside mans puny mechani- cal contrivances, which for seven hours had held the recalcitrant gusher, the Mary Sudik No. l under control, the well early today again resumed it's wild rampage, Haunting @ rumbling pillar of petroleum over the south Oklahoma City field. The big well smashed out of con- trol at 1:05 a. m. after a specially constructed master gate, known as an 'overshot" began to leak.
 Valves Opened Again
 The leaks widencd rapidly; anchor bolts crtakcd and the whole struc- ture began 10 give way. Fearing that the "ovcrshot' would be ripped loose and sent smashing up through the 122 foot steel derrick, the few men who had been stationed to watch the well through the night, 1 flung open the valves and the column of oil and gas again spurted high over the crownblock, and spattcred down over the already oil | soaked countryside.
 Handicapped by the darkness in which they were forced to work, the men at the well were helpless to 1 further contine the gusher queen.
 W. P. Sutton, field superintendent 1 for the l. T. I. 0. company, owner of the well said the 'ovcrshot" prob
 Continued on Page Two)
New Britain herald., 1930-04-05
McDonough Talks to 1000 at H.S.; Quigley Asks Whether Opponent
 Accuses Him of Being Dishonest
Speaking at His Largest Rally, Makes Plea for Non-Partisan- ship in Management of Public Affairs-Fails to Mention Rival.

More than 2,000 men and won- on heard Attorney P. F. McDonough democratic nominee for mayor, dis cusS campaign issues without single reference to his opponent, last night at the Senior High school auditorium on Bassctt street.
 The spacious meeting hall was nearly filled, all seats on the main floor and most of those in the bal cony being taken while about 200 who arrived late. stood in the rear, prcfcrring not to interrupt the speaker. It was one of the most enthusiastic meetings addressed by McDonough in the campaign, his departure from the practice of quoting from the record' to prove his contention that Quiglcy was the most cXtravagant, Wastcful and in efficient mayor the city has eyer Continued on Page Two)
New Britain herald., 1930-04-05
Republican Talks to 200 Supporters With Hall, filling, Judd, Day and Others Appealing for Election of C. o. P. Ticket Next Tuesday.

'I would like to have Mir. Me Donough state whether he thinks l would obtain graft if l let out con- tracts if l am elected mayor. l would like to inquire through the press what he means when he said, Don't let him get at the sewer con- tracts I think my reputation for honesty is as good as his"
 This was the highlight in a fiery talk by George A. Quigley. rcpubli- can candidate for mayor, before 200 persons at Odd Fellows hall last night.
 Quiglcy's talk, which followed a series of speeches by prominent re- publicans, was comparatively brief because of hoarseness which had handicapped him in his campaign ing. He began by saying that the re-
 Continued on Page Two)
New Britain herald., 1930-04-05
OFFICERS ON TRAIL
 0F HENRY LORENz Believe Murder Suspect in Distant City," Not
 Costa Rica

Hartford, April (UP) - Their plans shrouded with secrecy, County Detective Edward J. Hickey. State Police Lieutenant Paul Lavin and City Detective Sergeant Charles J. kcefe were believed today en route to "a distant city, in search Of Henry o. wanted for the alleged murder sr, Nils Anderson.
 The trio left lee last night with out disclosing thu. r destination.
 Police termed ruse letter left by Lorenz to Miss Elizabeth Benson, niece of the man slain Monday night in which the fugitive de- clared he would clear himself Of suspicion and left Q forwarding ad- dress in Costa Rica.
 Before Hickey left he discovered blood soaked parts. said to be from Lorcnz's automobile, and p'ace where Lorcaz washed The cor Tues day.
 Although seeking some o.h,r mo | tive in the brutal mu1d der, police (Coutinued on Pare Tvo)
New Britain herald., 1930-04-05
LITHUANIANS VOTE
 TO REMAIN NEUTRAL
Take No Sides on Mayor alty Question But Sup
 port Watkins

After a discussion of more than two hours during which the pro- ponents of each of the two mayor alty candidates spoke in high terms of their favorites, 300 Lithuanian citizens last night decided not to vote as unit in the coming cleo tion.
 Supporters of former Mayor George A. Quigley, republican can didate, and of Attorney P. r. Me Donough, democratic standard bear CT, were called upon in turn by John Gcrdis. chairman of the meet ing and president of the Lithuanian Independent Citizens club which called the meeting.
 Although the members were di- vided on the question of the mayor alty candidates they were practical ly 100 per cent in favor of the cleo tion of Victor Watkins, the demo- cratic choice for alderman, accord
 Continued on Page Two)
New Britain herald., 1930-04-05
Near Beer Disgusts
 Eckener, He Asserts

Philadelphia, April 5 (UP)- Dr. Hugo Eckcner can stand al most any kind of physical test, but not American near beer"
 During a brief visit here yes tcrday, Commander Eckenor vis- tied a Chestnut street restaurant with his friend. Arno P. MowitZ, vice president of the German So- ciety of Pennsylvania. He order cd near beer. He slipped, grim aced and showed it away in dis gust.
 "Ach, that makes mo sick" he said.
New Britain herald., 1930-04-05
LABOR M0B|LIzES
 ID BATTLE PARKER
Organized Workers Against
 Nominee for Supreme Court
CITE MELLOW DOG" CASE.

Senate Committee to Hear Objcc-
 tions of Leaders, With Green
 Opening Objcction-Claim Ap-
 pointec Prcjudiced Against Unions
 Washington, April , Pl-Organiz- cd labor mobilizcd it's forces today in opposition to the confirmation of Judge John J. Parker as an asso- ciatc justice of the supreme court.
 They with others were invited to appear before senate judiciary subcommittee which has the Park CT nomination under consideration and give their reasons for objccting to confirmation. William Green, president of tho American Federa- tion of labor. was ready to speak for tiyes of the five brotherhoods of railway trainmen were here to testi- fly also.
 Based on Decision
 Iabors opposition is based upon a decision written by Judge Parker as a member of the circuit court bench in which he upheld an in junction preventing organized labor from seeking to enroll employees of the Red Jacket Consolidated Coal and Coke company. Representatives of the labor organizations assert that Judge Parkcr's decision dcveals an attitude of mind that should bar him from the supreme bench.
 Other witnesses on the list drawn up by the committee included Thomas Townsend of West Virginia, an attorney in the Red Jacket case and Walter White of New York, rep resenting the Association for the Advancement of Colored People, who is protesting the Parker ap- pointnlent because of a reference 10 negroes that he says the nominee made in a political speech. Mrs. Mary r. Speers, of Washington, D. C., who wrote the committee a long letter objecting to Judge Parker also was asked to appear.