davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-14
steel OPERATIONS
SLIGHTLY LOWER
Prices Remain Unchanged
During Week-ConsumerS'
Stocks Low.

Except that it be on a subnormal
plane, steel Is in q typical November
market, says Steel. Production is being
curtailed mildly; the railroads are pro-
ceeding with their year end programs
of equipment and track material pur-
chases; producers seek to firm up
prices to apply on approaching first
quarter inquiry.
No little needed support for the in
dustrys morale Is derived from the
condition Of low stocks Of consumers,
excepting scrap, and the general i'm
preston that current prices about rep
resent bottom and that consumers re-
quirements should expand, beginning
early in 1881.
Supericially the increase of 57,425
tons in the untitled tonnage of the
United States Steel Corporation and
the purchase of about $4,000 tons of
pig iron by the American Radiator e.
Standard Sanitary Corporation have
favorable significance, but close analy-
sis vitiates this somewhat Practically
all the 1.6 per cent gain in the cor
porations' backlog is rails for 1881
rolling.
The American Radiator purchase
took of the market most of the stock
of sandcast iron Of the Woodward Iron
Co., Birmingham, Ala, which is now
making machine-caSt iron only. The
price, understood to have been several
dollars under the Birmingham foundry
quotation of $14, has not affected the
market. Many small buyers usually
follow the lead of American Radiator
and inquiry has been stimulated.
AS noted some time ago, producers
OF plates, shapes and bars are en-
deavoring to stand on 1.60c, Pitts
burgh, the remainder of the quarter,
limiting flrst-quarter coverage at these
levels to specific commitments. Gal
vanized sheets have broken through
3.00c, Pittsburgh, for quotation pur-
poses. Nails to the merchant trade
are more generally 50, Pittsburgh
Cleveland. Sheets, bars, alloy steels,
strip and wire continue sluggish due
to low automotive needs.
Last weeks report, showing October
pig iron production down to 69,851
gross tons daily and 49.6 per cent Of
capacity, is supplemented by similar
revelation concerning steel ingots in
October. The daily rate of 100, 756
gross tons, compared with ITO, 307 tons
in September and the lowest since late
1924, indicated an operating rate Of
50.32 per cent.
On the basis Of q daily average Of
136,1e3 tons thus far, 1880 will be a
1856, 023-ton ingot year This COM
pares poorly with the record 54,312,279
tons Of 1929, but fairly favorably with
the 1885, lbs tons Of 1928 and 43,397,-
743 tons of 1927.
Steel-making operations this week
are slightly lower at 44-46 per cent,
compared with 45-48 last week and 40
two weeks ago.
Steel's market composite is unchanged
this week at $31.e8, after declining
steadily since the last week of August.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-14


Newspaper Alliance.
Special Dispatch to The star.
NEW YORK, November 14.-Defia-
tionists are in the saddle. Millions Of
dollars in property are being transferred
almost unconsciously from the debtor
class to the creditor class, unjustly
The movement has plunged the whole
world into an uneXampled period Of
depression, resulting In the loss OF jobs
for millions Of men and women and q
breakdown in the business structure.
What can be done to check the swelling
tide of deflation?
Virgil Jordan, we'll known economist,
recently made this statement:
When the governor Of a Federal Re-
serve Bank stands up before q conven-
ton of investment bankers, condemns
the American peope for their presump-
ton in using automobiles, radios and
electrical refrigerators, and asserts that
American living standards must be re-
duced, we should know the fundamental
principles of economic progress are be-
ing openly challenged and the signal
sounded for retreat-a retreat that
would be the most dramatic and dis
graceful in the worlds history"
Effects Of Deflation.
Make no mistake The process now
going on to nquidate labor ana lower
American standards Of living win con-
tinue. Many powerful banking and
business leaders are for 1t. But business
men should understand this situation,
face the facts and tell these night riders
Of defeatism they shall not pass.
We must not have the. delusion that
the American people can be deceived
by giving charity to them this Winter
with one hand and secretly cutting
away their standards of living with
the other.
Depression has reduced consumption
in the United States and In foreign
countries. Now defiation, whether de-
liberate or not, always works in ex-
actly the same way. 1t disorganizes
business. increases, unemployment, cuts
down wages and buying power and
causes havoc throughout the whole
business structure.
Monetary policy creates this defla-
ton. Prof. Gustav Cassel, world au-
thority on money, opens his article in
the Autumn quarterly issue OF the let
ter of the Skandinaviska Kreditaktie-
bolaget with these words:
1T is not possible to attain any
deep insight into the monetary prob
lem without a frank recognition that
the central bank, in virtue of its ability
to control the supply OF means of pay
ment. also controls the purchasing
power of the currency and thus carries
the full responsibility for the value Of
this currency. The central bank ex-
ercises this control by regulating the
conditions on which it puts its means
of payment at the disposal of the mar
ket OF these conditions the discount
rate is the most important, or at any
rate, in the eyes Of the public, the most
representative The discount policy is,
therefore, usually regarded as an ex-
preston for the entire credit policy Of
the bank, and the word can conven-
iently be used in this wide sense, II
only the existence of other means for
the regulation of the supply Of money
Is duly recognized"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-14
CURB SHARES GAIN
IN ACTIVE MARKET
Utilities, Coppers, Motors
and Steels Join In Up
ward Trend. 80
By JOHN A. CRoNE.

Special Dispatch to The Star.
NEW YORK, November 1.-THE
Curb Exchange today pressed forward
right at the outset, stimulated by the
rally Of the preceding session. The
ability of the market to rally for three
successive days. which is the longest
continuous upward movement In two
months, as well as series Of favorable
news developments, brought renewed
buying.
Electric Bond q Share was up about
q point around midday and so were
American a. Foreign Power, Middle
West Utilities, Standard OH Of Ken
lucky, Goldman, Sachs and Ford Motor
of Canada A. cities Service, which is
exdividend today. registered fractional
advance.
Coppers, public utilities, motors, ship
ping and steel shares were the first TO
Join the upward procession. The an.
nouncement Of world-curtailment
Immediately lifted the price of the metal
and threw O bad fright into shorts in
red-metal issues.
Newmont Mining in the first few
hours was up nearly 3 points, Hudson
Bay Mining and Noranda Mines each
rose about O point, while fractional
gains were scored by Roam Antelope,
United Verde Extension and other cop
per securities.
Consolidated Mining g. Smelling Co.
of Canada, Ltd, which appears infre-
quently on the tape, opened at lao, a
new low and down "a points from its
last previous sale.
Trading In the forenoon was scat
tered over q wide number of issues, but
the relative absence of big blocks tend
ed to reduce total volume, which
amounted to only 2o5. 400 shares, COM
pared with 332. TOO In the first two hours
Thursday.
Ford Motor Of Canada A led the
motors following q semi-annual divi-
dend declaration of 60 cents, which
brings the total disbursement for 1880
to $210 q share. The pickup in pro-
duction in automotive centers attracted
attention to accessories such as Fierce
Governor, which rose a point or more.
United Gas Corporation new was the
outstanding mover in the natural gas
group as a result of its favorable earn
ing report. Allegheny Gas eased frac-
tionally at the opening despite the COM
pany's announcement that September
sales were rs per cent greater than for
the same 1929 month.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-14
Wall Street Briefs
By the Associated Press.

BY the Associated Press.
The Briggs Manufacturing Co. for the
September quarter reported net profit OF
$1.O01, 723, equal to so cents a share,
compared with 1897, 724, or a cents a
share, in the September quarter of 1929.
In its report of October "a the Asso-
ctated Press gave $2,771, 066, or $1.3S a
share, as the figures for the September
quarter last year, and takes this oppor-
tunity to correct the error.
New life insurance production in Oc-
tober dropper 1871 per cent below the
corresponding month last year, bringing
the cumulative total Of new business UNI
der the 1919 figures for the first time
since January, the Association of Life
Insurance Presidents reports. The ag-
gregate Of all classes of new insurance
for october was $s14, 1885. 900. decrease
OF 1871 per cent, from 81 ,053, $3.50, 900 for
the Ike month last year. The total of
all classes written during the first 10
months this year was $l0,487, 78O, 600. a
decrease of q per cent from $1O,6Oe. :
$4,000 for the Ike period Of 1929.
-
The Island of Borneo is larger In area
than the State of Texas.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-14
BUYS DRY DOCK.

BALTIMORE, November IA (Spe-
cial) The Bethlehem Shipbuilding
Corporation has purchased from the
Charleston Drydock and Machine Co.
floating drydock in six sections, which
will be brought to Baltimore Three
sections were started from Charleston
in tow of Moran tugs today. The six
Highway plant, where there are large
floating and craving docks. The Sec
lions win add 10000 tons lifting power
to the docks already operated at Key
Highway and a large dock at Spar
rows Point.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-14
ORGANIZED EFFORT TO CHECK
DEFLATION CAMPAIGN URGED
Purchase of Bonds by Federal Reserve
Bank Declared Necessary to Stabilize
Prices and Wages.

Prof. Cassel says: I'm view of these
facts it seems futile TO deny that the
purchase Of bonds Is an expedient
whereby central bank can really in
crease the supply Of money and coun-
teract fall Of prices"
DR.. Jordan said In q recent address:
with the three largest banks In the
country clearly lined up on the side
Of denation, and the Federal Reserve
System standing idly by, It Is possible
that We are in for an unduly prolonged
period of business stagnation and po-
litical unrest. unless business leader
ship in every industry mobilizes the
constructive forces Of individual tnitt-
alive to check the process"
The Manchester, Eng. Chamber Of
Commerce, faced with dwindling trade,
and with hard times becoming harder
and harder, set to work to find out
where the trouble was. Last month It
said:
THE present depression is largely due
to the precipitous fall of prices, which
monetary policy has entirely failed to
correct whether this is due to the
virtual sterilization Of so much Of the
worlds gold in certain countries or to
the check In the annual increase of
gold production. is beside the point. The
situation Is that the international
monetary position Is at the moment one
OF the greatest barriers to recovery in
trade generally and in the cotton trade
in particular"
There Is no question that there Is
q close relationship between central
banking policy on one hand and either
imitation or defiation on the other. Gen.
trail banking policy in the United States
was successful in stopping imitation
from 1922 to 1928, when more than
81 500, 900 900 in new gold entered the
United States. The commodity price
level did not rise. Imitation did not
occur. 1t was done by a process of
sterilization carried on by the Federal
Reserve System.
But now the United States is in
the depths OF q depression era. Why
| should not the Federal Reserve Bank
reverse its policy and take such meas
ures Is will stop the disintegrating proc
esses Of defation?
Urges Credit Replacement.
Z. H. Zimmerman, chairman of the
committee on Sterilization of the
Money Standard, in presenting to the
missouri Bankers Convention at st.
LOUIS last May summary of condi-
lions, MADE this significant statement:
Analysis should seem to suggest that
the proper preventive of the present de-
preston was for the Federal Reserve
Banks to. replace the credit DESTROYED
when brokers' loans were reduced by.
firSt, encouraging member banks TO re-
discount, or, this failing or proving too
slow, by, second. increasing their port
folios OF open market investments. ac-
ceptances and exchange, although some
contend that this would have revived
speculation.
Many people contend that, in spite
OF this danger, the remedy which might
and should be applied would be to pur-
chase more of such investments until
the required balance between credit
volume and the needs Of trade IS re-
stored IS evidenced by q restored gen
eral level of prices"
(copyright, 1880, by North American News
paper Alliance)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-14
May Declare Stock Dividend.

NEW YORK, November IA. (P1-Wall
Street hears that upon approval Of the
proposed addressograph International
American Multigraph merger, address
sograph stockholders will receive q div
idend of about 1873 per cent in COM
mon on the common stock to be paid
before completion of the merger. The
purpose of the distribution is believed
to be for adjustment of equities of the
two companies. The merger basis Is
one share of multigraph for each Us
shares of Addressograph.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-14

Hornblower d weeks-The desire to
take profits generally wiz, Of course; be
accumulated BY the failure Of the amuse-
ment shares as q group to hold their
own in face Of the general recovery and
weakness in scme members Of the Al
leghAny group.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-14
BANK CLEARINGs.

NEW YORK, November II Especially
New York bank clearings, today,
S955 .0O0. 600: year ago, $2,364, 900 900,
New York bank balances, today. 9143,-
100000: year ago, 1852, 600 900. New
York Federal Reserve Bank credits, to-
day, $125. 100000; q year ago, $1s2,-
100000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-14
MONEY MARKET.

NEW YORK, November IA (F.--Call
money renewed at per cent today. In
the outside market funds we're available
at Ia per cent.
Time money was quiet, with rates uEl-
changed. Commercial paper was quiet.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-14
PARIS RouRsE PRICES.

PARIS, November IA R.-Prices
were steadier on the Bourse today: 3
per cent rentes, 86 francs 90 confines:
5 per cent loan, 101 francs; exchange
on London, 1913 francs 64I2 confines.
The dollar was quoted at IS francs ASA
centimes.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-14

with scarcity Of offerings Of prime
paper, and rates were unchanged at AK
to 3 per cent Bankers acceptances
were dun and unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-14

The gold statement of the Fedora
Reserve Bank of New York for the week
ended November IL shows imports oi
5000, 900 from Brazil and $105,000
Chiefly from other Latin American
countries. There were no exports.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-14
CHICAGO DAIRY MARKET

CHICAGO, November IA. (P)-But-
ter, 6,337, weak; Crcamery-Extras
BIZ; Standards 3015; Extras flrsts
30-31; Firts 281s-29; Seconds 27-28;
Eggs, $500, frrn, prices unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-14

Attired as a hobo, Prof. W. J. Ham,
mond of Texas Christian University,
tranlps in old Mexico during Summers
to gather facts for his history course.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-14

The American Association for Old
Age Security has membership Of 1000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-14
NEW YORK CURB MARKET
Stock and

Note-An stocks are sold in one hundred-share lots
excepting those designated by the letter (e0s) (25O)
which shows those stocks to be sold in odd lots only
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-14

Note-This is the afth IN a series Of
articles on the present. business situation
Critten for The Star and North American
Newspaper Alliance.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-14

sEx tParty TITUS ~ stock.
bPayable Adjustment DIVE
dend n So stock Plus stock.
jPius a% stock Plus io% In stock Plus 80 in stock
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-14

The Island Of Borneo is larger in area
than the State of Texas.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-14
BONDS.
10
~ the Associated Press.
From Yesterdays $50 Edition.

tcopyrisht 1880 standard aletissics col
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-20
BOOTS AND HER BUDDIES

Vy/HEN %oUNe v0pH COZ
a GNRS vRoA TooAONvEF
SENSoc7 .TEANNSe NNeA 70
RETURN NoNE NS AAO
q EEl,Ne UAN1 AAA
VIAs NOV NEA UPON
ENTERING VIZ 0ExSRNAl
poENAS /, As SscAeAE
CONVINCED or " 80.
A. HE tAsAS VOID 10
GO AK ONCE 10 NJ
vEvEER5 SvuoE .~sNs0S
1KE "ol0 COX" WAS
tAANIINe 70 REcENE
txAA
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-20

Diecta's eyes scanned the faces of the prison.
ers for some sign of Praeclarus as she leaned for
ward from her seat in the loge She did not notice
a man who entered quietly and sat himself down
beside her. He is not there said the man
The girl'xurned toward him quickly. ssFastusl"
she exclaimed.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-20
BY Williams
~ 6 = " q sE..leA = r.
By Blosser
By Crane
BY Small
NopG-t Guess
BY Martin

WEEP sOlA- M xsAA- ToU ! xooN
RS7oRIS SNOW NOTHING SOI LOW
GRADES AND AGA LIVING p. NooR tx
QENSE RccOO0v MERE E0R 0NE lAST
TVSo USESN9 - oUyLANOiSA. .RyOlcOloOs-
NEAl7 = 2ls 40 1900, oAsolN5 y s5. 70 4.
" DIVERS Il 200. -..AraosshTskSr = no. So :.
USsN 0oST Too SAX SoNEIAASe ?
OoNL NvsRRopT Ne -. EXPLAIN
NOURSElE SIR
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-20

Sublatus was a Snowman as well as an en-
peror. He knew that the most interesting per-
former in the arena would be the giant spe-man,
and he hoped TO use him throughout the week
So on this first afternoon of the games Tarzan
found himself thrust into the arena, unarmed
with and her unarmed man, TO do battle
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-20
REGrN HrRr 1nnar

BEGIN HERE TODAY
SPECIAL INVESTIGATOR DUNDEE,
snyeskigatlEg the murder at bridge OF
5ANDERSON his findings: Possible sus
poets include LYDIA CARR. the maid;
DEXTER SPRAGUE. JOHN c. DRAKE.
whom she paid no rent. and owner OF
the gun and silencer with which she
was shot. POLLY BEALE and Give
HAMMOND, who we're in the solarium
together; FLORA MILES. JANET RAY
MOHD and RALPH HAMMOND.
SpraRue came early 70 the party,
shaved. lydia followed him. told him
ne would have to clear out, and BtaTed
behind 20 clean up after him. Sprague
the house.
Flora Niles admits she was IN Nita's
closet reading a note which she thinks
IS from her husband TRACEY. but
which Is really from Sprsgue.
NOW co on WITH THE STORY
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-20

Ito Be Continued
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-20

With this enigmatic warning the rat-faced
prince turned and left the loge of Dion Spleen
didus. Then the games started. Beneath flut-
tering banners and waving scarfs, the cruel,
terrible, thousapd-eyed thing that is crowd
looked on amid the din Of trumpets as men and
animals faced each other to fight to the death.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-20
CHAPTER TwENTY-E1GHr

DONNIE pUNDEE'S whole soul
- revolted at the very thought of
the barbaric farce of an inquest
the small morgue chapel crowded to
the doors with goggle-eyed, blood
loving humanity; the stretcher with
its sheeted corpse; reporters, avid
for sensations and primed with
questions; news photographers with
tllir Unsuitable cameras aimed at
every arriving person connected
with the case in any way.
Mercifully, this particular inquest
upon the body of Juanita Leigh
Selim promised to be quickly over.
For Coroner Price, in conference
with District Attorney Sanderson,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-20

The fate of Maximus Praeclarus is in your
hands," said FaStus. "Give him up and promise
to become my wife and will see that he is not
forced to appear in the arena" HE would not
have it So" said the girl. '.Your answer" said
Fastus. concerns your father. mother and Fes-
tivitas as well as Praeclarus."
The Daily Alaska empire., 1930-12-23

50, J. Barragar, Sr., and L. E. Iver- son 51, Royal Shepard and James Truitt 52, Lawrence Morgan and H. L. Faulkner 53, Harry Sabln and Paul Kegel 54, Curtis Shat tuck, H. L. Stabler, H. L. Redling- shafer and George Griggs 55, Fred Henning 56, Ralph Folberg, w. B. Kirk, B. Carmichael, Scotty Pater- son and Ray Stevens 57, MT. Isaak 58, Claud Helgesen, Leo Jewett, w. E. Ellis and w. K Burford 59, Rud Seavers 60, J. I. Marshall 61, J. E. Allen 62.
 Those who have qualified for the women's tournament and their scores are Lillian Allen and Madge Stufflebeam 52, Mrs Suby 53, Mrs. w. J. B. McAuliffe 54, Ida Hansen 55, Miss Lambert 57, Helen Albrecks 58, Maxine Williams, Mrs, K. Wildes Marie Mead and Helen Jewett 59, Bea Murphy 60, Mrs. George Folta and Mrs. H. Holman 61, Mrs. R.. Leivers 65, Mrs. James Truitt ST, and Florence Primavera 68.
The Daily Alaska empire., 1930-12-23

H. L. Dretcher is among the guests at the Alaskan.
The Daily Alaska empire., 1930-12-23
ALASKA PAPER
 PLANT LISTED
List of Pacific Coast Prof. ects Last Week Includes
 Zellerbach Plant

SEATTLE, Dec. 23-Among $8,- 521, ,000 worth of buildings project ed for construction on the Pa cific Coast and announced last week, is included a paper mill cost ing $5,000,000 to be erected by the Zellerbach interests near Ketchi- kan.
 The ultimate cost of the mill was reported to be SIS, 100000, includ- ing a 5000 horsepower hydroelec- tric plant.
 The list of projected building op- erations was announced in the Western Building Forum. It in cluded all structures estimated to cost S100,000 or more. The prev ious weeks total amounted to $14,- 936,000 covering g structures. Last weeks list embraced only ten build ings.
The Daily Alaska empire., 1930-12-23
FINALS IN GOLF SET FOR MIDGET COURSE TONIGHT
Prizes to Be Awarded in Christmas Tournaments
 for Men and Women

On the Midget Golf Course, be- ginning at ' o'clock this evening, finals will be played in the men and women Christmas tourna- ments. First prize for the winner in the mems contest will be ten- cellar merchandise certificate of- fered by H. s. Graves and Con- pany. The victor in the women's competition will receive a Silez Coffee Maker presented by the Chile Vile.
 Entries in the mems tournament and their qualifying scores are R. E. Oxreider 42, Wigell and Horace Adams 46, Jerry Goss Jr., and L. J. Holmquist AT, L. V. Winters, Dr. w. w. Council and Harvey Prather 48, H. Hollmann and Sandy Smith 49, Luther Suby, Bert Caro and Robert Murphy 50, Keith Wildes
The Daily Alaska empire., 1930-12-23
GIVEN REMAND BY
 COURTMARTIAL

SAN ANTONIO, 1exas, Dec. 23.- A plea of guilty to the charge of intoxication while a hospital pa- tient, brought Lieut.. Lester Matt land, first flier to cross the Pa cific from San Francisco to Ha- waii, a reprimand and forfeiture of $100 pay at a general court mar tial. The attorney for Lieut.. Matt land said his client was worried over an automobile accident and injuries which might prevent him from flying again.
The Daily Alaska empire., 1930-12-23
CAGE CAPTAIN GETS
 TIPS FROM FIANCEE

STANFORD UNIVERSITY, Cal, Dec. 23-The future wife of Ken meth Mike" Reynolds, captain-elect of the 1881 Stanford basketball team, is going to be real help mate to her husband.
 The Reynolds free-throw record of 1880 was not too impressive. So his fiancee, Elizabeth Mccullough, Stanford senior registered from Pasadena, Cal, is doing something about it.
 Every afternoon she and Mike traipse over to the women's basket ball court, where the Card captain takes fifty free throws, Elizabeth throwing the ball back to him, keeping score and giving him point CTS on his form.