davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-02
STEEL MERGER REPORT
Is GIVEN STOCKHOLDERS
~ the Associated Press.

~ VIC SSSOCldteu ETeSS.
YOUNGSTOwN, Ohio, April 2.-The
youngstown Sheet & Tube Co. and the
Bethlehem Steel Corporation today pre-.
sented to Sheet & Tube stockholders n
report by three accounting firms hold
Ing that the terms of the proposed
merger OF the two firms are "fair and
favorable" to Sheet & Tube stock
holders.
The statement said that three ac-
countAnts based their comparison on
four factors-relative fixed charges,
working capital, book value and earn
ings. In each category they reported
that the terms of IA shares of Beth
lehem for / share of Sheet & Tube are
favorable to Sheet e. Tube stockholders.
Weighted earnings from 1925 to 1923,
inclusive, are used in the earnings com.
parison, which was made between /, 800,-
600 Bethlehem shares and 10000
Sheet & Tube shares. A different set
up was used for 1929 earnings. which
were not based on a per-share earning,
but adjusted for both companies ac-
cording to conditions.
The report, signed by the three
auditing firms, was published in Youngs-
town newspapers today as a full-page
advertisement, sponsored by both Beth
lehem and Sheet & Tube.
Arthur B. Taylor of Elyria, Ohio, q
stakeholder in the Youngstown Sheet
& Tube Co., today filed a petition for
mandatory injunction to require
company officials to give him figures
which would establish the value Of the
common stock of Bethlehem Steel Cor
poration
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-02
Baltimore Markets

Special Dispatch The Star.
BALTIMORE. Md, April 2.--Potatoes,
white, 100 pounds, 2.2Sa2. as; sweet po-
tatoes. barrel, 2.00a3.00; yams. barrel,
2.00a3.00: asparagus. dozen, 2.00a750
beets. crate, 2.75a3.OO; beans, hamper,
3.25a600; cabbage, hamper, 2.25a325;
carrots, bushel, 1.40a1.50; caulinower.
crate. 175a2.5O; celery, crate, 2.50a3. $50;
eggplants, crate, 1.50a4.5O lettuce,
basket, 1.00a2.oo; kale, bushel, 60a80;
onions, 100 pounds, 2.00a2.50 peppers.
crate, 1.50a4.50; parsnipS, basket, Goa
20; spinach, bushel, 50a1 90; squash,
bushel, 2.50a4.00: tomatoes. crate, 1.50a
$50; turnips, hampers, 40a75. Apples.
bushel, 75a3.00; grapefruit, box, 2.7Sa
ATS; oranges, box, 3.2Sa5.50; straw.
berries, quart, 25a50.
Live Stock Market.
Cattle-Receipts, so head; light sup
ply; market steady.
Steers-Choice to prime, none; good
to choice, 12.O0a12.50; medium to good,
1l.00a11.5o; fair to medium, 10.O0a10.75;
plain to fair, 9.O0a9.75; common to
plain. 8.00a8.75.
Bulls-Choice to prime, none; good to
choice, none; medium to good, 8.50a9. 90;
fair to medium, 8.00a8.5 so; plain to fair,
7.50a8.00; common to plain, 7.00a7. so.
Cows-Choice to prime, none; good to
choice, none; medium to good 7.OOa
500; fair to medium, 6.00a7. 90: plain
to fair, 5.00a6.00; common to plain, $50
ALSO.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-02
INCREASE IN INCOME
TAXES IS REPORTED
Final Statement for March Reveals
Gain in Nine-Month
Total.
By the Associated Press.

BY the Associated FreSs'
The Treasury Departments final
statement for the month of March to-
day showed income taxes aggregating
1897. 524.9l7 were collected during the
first quarter of the present calendar
year, sending the total for nine months
of the fiscal year to 1872, 1877, 844, an
increase of $125,574,24 over the same
period of the previous fiscal year.
Total receipts for the present fiscal
year were $3,042. 150,97l, with three
months remaining. Total income and
miscellaneous tax collections for the last
quarter of the previous fiscal year
amounted to only $801 ,875 900, which
would bring the total receipts of the
Government with this amount added to
less than $4,000 100000. The Treasury
had estimated that the total expendi-
lures for the year would amount to $4,-
023, 6S1 900.
Other receipts, such as received from
miscellaneous sources, foreign obliga-
lions, Panama Canal tolls and customs
receipts, ETC., however, might make up
the difference, and Treasury officials
have expressed the hopeful feeling that
there would be a small surplus at the
end of the fiscal year.
Compared to the total receipts for the
first nine months of the fiscal year,
amounting to 5000, 150,971, the total
expenditures have aggregated $2,932,-
2o9, las, leaving an indicated surplus OF
sos, 941 1926. Out of this, however, the
Treasury will have to provide for the
additional 100000, 900 recently allotted
to the Federal Farm Board.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-02
MILLER TRAIN CORP.
HAS STOCK SPONSOR

The board of directors Of the Miller
Train Control Corporation announce to
stockholders that arrangements have
been made, effective April /, with Sulz-
bacher, Granger g. Co. of New York
City, to trade in and conduct the mar
ket for the stock of the Miller Co.
This announcement is of more than
ordinary significance for the reason that
Sulzbacher, Granger & Co. are mem
bers of the New York Stock Exchange,
Philadelphia Stock Exchange, Chicago
Board of Trade and a number OF other
exchanges of national character, and
are well known in financial districts.
This connection, Miller officials say,
Is in keeping with the increased bust
ness in Trafilators, the new magnetic
actuator for controlling traffic signal
lights. which are manufactured and
sold by the Crouse-Hinds Co, under
license agreement with Miller Control.
Miller Train Control stock is widely
held in Washington. The company
maintains an Office, and headquarters
are in Stanton, Va.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-02
NEW SECURITIES

NEW YORK, April 2 R).-NeW
security offerings today include:
State of North Carolina, 8,920,0o0
Az per cent bonds, due January /,
1882 to 1852 and April /, 1888 to 1872,
priced to yield AIS per cent. offered
by First National Bank of New York,
National City Co., Continental Illinois
Co., Inc; First Detroit Co., Inc, and
others.
American Utilities & General Cor
poration, $4,5OO,OOO in So cumulative
preferred stock and no par class B stock
in units of one preferred share and one
and one-half B at $45 unit.
Mississippi Power g. Light Co.. $4,-
OOO. 900 cumulative So preferred stock,
priced at par. offered by W. c. Lang
lev e. Co. and First National Old
Colony Corporation.
Minnesota Power 81 Light Co., 81 ,000,-
600 first mortgage Az per cent bonds,
due 1878 at 931l. offered by Harris.
Forbes e. Co. and others.
Province of Manitoba, $1,570,0 900 30
year Az per cent gold at 95.25.
State Of West Virginia. S4,425, 900
serial AZ per cent bonds, due 1888 to
1855, priced to yield AIS per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-02
Corporation News

NEW YORK, April 1.-THE following
Is today's summary OF important cor.
poration news prepared by Standard
Statistics Co., Inc, New York, for the
Associated Press.
News Trend.
Industrial and trade developments Of
the day are mixed, operations in the
steel industry in the past week have
been increased, but freight loadings,
for the week of March %, were again
the lowest since 1922. Steel 1ngot pro-
duction in the industry as whole Is
averaging about 76 per cent Of capacity
against 10 per- cent in the preceding
week and "a per cent two weeks ago.
This average contrasts with 30 per cent
a year ago and IS per cent In the ike
period of 1928. United States Steel
Corporation advanced operation to 80
per cent compared with 80 per cent in
the two preceding weeks. A year ago
rate was 81 per cent and two years ago
90 per cent.
Car loadings Of revenue freight for
the week Of March % totaled 675,542
cars, q decline Of 5,645 cars under the
previous week and 1888 cars unoer the
like week of 1929. Compared with the
corresponding week of 1929 all COM
modities showed declines. Sharpest
drops were registered by forest products
and live stock.
Miscellaneous freight declined 10.4
per cent and merchandise L. G. L., 40
per cent.
The Companies.
American Machine 81 Foundry ac-
uuires Martin Miller Co., manufactures
Of baking machinery.
Arnold Constable Corporation had
deficit of $528,669 in fiscal year 10
January 81, 1880. In previous like fiscal
wear 81. SO was earned on common stock.
Auburn tomobile-Deusenberg un-
filled orders on March 26 SUFFICIENT for
so days production.
Consolidated Gas, Electric Light g.
Power of Baltimore Electric current
first two months 1880 up 9.3 per cent;
gas sales 3 per cent above like period
year ago.
Hollinger Consolidated Gold Mines
had 5000 stockholders at close of 1929.
Ore reserves at end of 1929 were valued
at $47,819, 1893, compared with $5l 49,
235 at close of 1928.
Kelvinator Corporations March ship
ments, reported largest of any month
in companys history, were two and one
half times those made in February.
National Radiator had deficit OF
$1,234,328 in 1929, against deficit OF
81 ,343, sol in 1928.
National Tile earned $3.S7 on common
stock in 1929, against 1894 in 1928.
REQ Motor Car March shipments
totaled 2,870 units, against 1858 in
February and 4,611 in March, 1929.
b. r. Schlesinger g. Sons defers pay
fnent of class A dividend due at this
time. Last payment, 37h cents q
share, made on January 2, 1880.
Warner Quinian Co. March retail
sales approximately Is per cent ahead
of February. Since beginning of 1896
has opened two new stations in New
York City and six in Northern New
Jersey. Fifteen stations are In process
of construction throughout New York
metropolitan area.
youngstown Sheet 81 Tube operated
at 10 per cent Of capacity In hrs
quarter 1880.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-02
STANDARD UTILITIES. INC.

BALTIMORE, April 2 Especially
Standard Utilities, Inc, has been or
ganized under Maryland laws to acquire
common stocks of leading public utility
companies. The company will begin
business with initial investments in the
stocks of 80 of the principal operating
and holding companies.
Authorized capitalization of the cor
poration consists of 100000 shares
of common and 10000 shares of class B
stock.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-02
PENNSY BUYING INTO BIG
NEW ENGLAND RAILROADS

Most important change in stockhold-
lngs of the Pennsylvania Railroad Co.
during 1929 was the acquisition of 1o0.-
600 additional shares Of common stock
Of New York, New Haven g. Hartford
Railroad Co., with which the Pennsyl-
vania interchanges large volume of
traffic. The initial report of the Penn
road Corporation, issued few days ago,
also officially disclosed that that cor
poration had acquired common and
preferred stocks of both the New York,
New Haven g. Hartford and the Boston
& Maine, although the extent of Penn
roads interest In the two New England
railroads was not disclosed.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-02
BONDS IRREGULAR
At QUIET SESSION
New Issues Are Somewhat
Larger-MuniCipaI Group
Is Featured.
BY r. III. RICHARDSON.
cial Dispatch TO The Star.


NEW YORK, April with attention
turned toward the increasingly active
stock market, bond trading today was
again quiet affair and the pirce trend
was uncertain. Volume was light during
the early hours, but picked up a little
after noon
There was a slightly larger budget Of
new fiotations, the aggregate of SAL.
.221 900 including $17,l51 600 of munic-
ipals. These were needed to keep this
section Of the investment market sup
Piled
The largest item was So, 920, 900 North
Carolina 412s, maturing seriaily 1882 to
1872, sold at prices to yield AIS per
cent.
This level about gauges the rest of
the municipal market at present, some
choice issues selling as high as a 3.65
per cent and some as low as a $50 per
cent basis A San Francisco offering of
$S,3O6, 900 bonds with Az coupon were
reottered at 400 basis. The last issue
OF this city, put out at par in Deem
Der. was reSold to yield 4.5O per cent,
Canadian provincial offerings are in
preparation and an issue of Caterpillar
Tractor convertible S per cent bonds is
shortly to be announced The company
mas no outstanding bonds
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-02
Washington Produce

Butter-One-pound prints. 411ka42;
tub. 4O1ka41. Eggs-Hennery, 20; cur
rent receipts, 2415a25.
old. 2saS0: Spring broilers, 40a42; Win
ter chickens, 32a35; Leghorns, 33a34;
fowls, 28a30; capons, 32a35; ducks. 15a
16: keats. 6Oa65. Dressed - Turkeys,
young. 35ass; old, Sass Spring broil-
ers. 46a48; Winter chickens, 37a3S;
Lemons. 37a3S; fowls, 80; capons, 35a
40: ducks, 25a26; keats, 60a90.
Meats fresh killed-Beef, 20a23; veal,
25a28; lamb, %; pork loins. 2Sa30;
fresh hams, 2e: fresh shoulders; ~;
2Oa22: bacon, %; lard, in packages,
1914; in bulk, Is.
live stock-Calves, sails; lambs, 1oa
10: Spring lambs, 20.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-02
Washington Stock Exchange

SALES.
washington Gas IS $500 at 104sa.
1000 at 1045s.
Barber g. Ross 6ias-5,000 at 80.
Capital Traction Co.-l2 at 70, 10 at 10,
S at 1914, 10 at 1914, 5 at 79M.
Potomac Elec. IS pfd.-5 at 1925.
Potomac Elec 5hs pfd.-3 at 10834.
Wash. Railway & Elec. pfd.-2 at 81.
Federal American Nat. Bank.-10 at 293.
Riggs National Banks at $50.
Mergenthaler Linotype-20 at 107N.
National Mort & ms. pfd. 100 at 434.
AFTER CALL.
Washington Gas Light-10 at 122,
at 122.
MerRenthaler Linotype-10 at 107M.
Pot Elec 515s pfd.-30 at 1924.
Washington Gas Lights at 100.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-02
BUYS OIL PROPERTY.

Shell Eastern Petroleum Products,
Inc, has purchased for $250000 two
thirds of the property of Albemarle Oil
g. Gas Co. The properties are located
In AIbemarIe, Orange and Buckingham
Counties, Virginia, and include eight
filling stations and two wholesale
plants.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-02
Bid and Asked Prices.
BONDS.
PUBLIC UTILITY

Bid. Asked.
Amer Tel & Telga 41as 3D.. 1904 1855.
Amer. Tel. & Tel. 4i2s 80. 1924 .....
Am Tel. & Tel. ctl tr 3d.. l04lz .....
Anacostia & Pot. r. r. 5s...., R3 S5
AnacoStis g. Pot. guar SIS. SO .....
Capital Traction X. n, Ss.....:: g 'Ssia
City & Suburban SIS. ........., 90 49,.
Potomsc Electric ae e cor SIS ioa 1924
Potomac Electric IS 1858 $50. 1868 80.
Wash, Alex. & Mt v. ctf -. 49,.
Wash. BALTIC. a. Annap. 5S...,. IS 49,:
washington Gas 5s..........,.. 10lM 102M
Wash Gas IS series A....... 1924 1854
Wash. Gas IS series B ....... 104l2 1854
Wash. Rwy. & Elec. Is. ......,. 51$4 sSA
MISCELLANEOUS.
Barber Il Ross, Inc 61as..... SO %
Cham. -Vanblt Hotel 6lzs,...... IS $50.
Chevy Chase Club 5lzS. ......... 100 ....,
d. c. Paper Mfg. 6S............ IS 49,,
Pot. Joint Stock Id. Bk. Ss.... 81 e5
Wash. Market Cold STORAGE IS. 95 -.
wash. Cons. Title SIS .......... SO IS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-02

offered by Chase Securities Corporation
and others
City and County of San Francisco,
1906, 900 serial Az per cent bonds, due
1885 to 1855, priced to yield 430 per
cent. offered by Lehman Bros. and
syndicate.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-02
.. S. TREAsURY BALANCE.

The United States Treasury balance,
announced today as of close of business
March 81, was 1858, 767, 8l465. Gus
toms receipts for the month to date
were $42,6iO,037.s7. Total ordinary ex-
$6,403, 222.23..
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1930-10-16
new ENGLAND MAN
ENJOYS EUROPEAN
PLEASURE JAUNTS
Stanley Won Drashek Says
Roads in Germany and
France Very Good

New England, N. D., Oct. 16-"I
read in today's Narodini Politika that
the brewery in Pilsen is buying q big
supply Of barley as the brewery ex-
poets to make large shipments to the
United States in the near future.
Gould such a thing be possible?"
This is q statement in a letter
from Stanley Won Drashek, well
known New England merchant. who
is sojouring in his old home in
Czecho-Slovakia. He wrote Sept. ~,
just three months since he left New
England. He admits that he is get
ting lonesome and he is planning
soon to turn the nose Of his auto to-
ward the setting sun" and return to
North Dakota.
Mr.. Won Drashek has made several
trips cross the ocean but the last
summer travel has been the best trip
he has had because Of the fact he
took his a with him. Roads are
terrible in Czecho- Slovakia, he writes.
Everyone wants to ride in the car.
I have been at home five weeks now
and have made more than 1000 miles
just driving around Cezcho-S lovakia. -
Good Roads and Bad
1.-THE roads in France and Germany
are perfect. for the most part gravel
in France and asphalt in Germany.
In Czecho-Slovakia the roads are
terrible due to the fact that this is
a new republic. Under the old regime
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1930-10-16
NDBRIDCEG ~

his partner IA make the fifth card
of that suit. If East were to return
the five spot, West would be forced
to win with the king: then when
West returned the suit East would
have it blocked with the ace-jack.
Example No. 2
Winning low and returning another
suit to weakness.
Mummy
Spade
W-Leader E-Partner
Spade Spade
Q-8-6-( ~ A-J-0
S-Declarer
Spade
4-3-2
West opens the five Of spades. Five
from eleven leaves six. AS there are
three in the dummy, East holding
three knows that the declarer holds
no card higher than the five spot. If
dummy plays the seven or ten, East
should play the nine over the seven
and the jack over the ten. East
should then lead another suit. There
is an old rule in bridge that says
Lead through strength and up to
weakness" therefore East should Sc
lect a suit which is weak in dummy.
This is done in an endeavor to get
West, his partner. in the lead again
to return the spades which would
prevent the declarer from making q
spade trick.
Additional examples will follow
tomorrow.
copyright, 1880, NEA Service. Incl
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1930-10-16
Article No. rs
By VIM. E.

BY VIM. E. MCKINNEY
(Secretary American Bridge League)
In yesterdays article, the rule OF
eleven was explained. Following are
several examples showing how to
correctly apply this rule. In every
case, South is the declarer at no
trump, North the dummy, West is the
opening leader, and the card led Is In
parenthesis. East is the partner Of
the leader.
Example No. 1
Winning low-then unlocking suit.
N-Dummy
Q-1O-6
W-Leader E-Partnel
K-9-8-(4)-3 A-J-7-5
S-Declarer
West opens the four spot, his
fourth best. Applying the rule Of
eleven, four from eleven leaves seven
There are three in the dummy, and
as East, the partner of the original
leader, holds four, he knows that the
declarer holds no card higher than
the four spot. Therefore, II the de-
clarer plays the six from dummy, his
seven spot will hold the trick. Like
wise, If the declarer plays the ten, he
will win the trick with the jack, II
declarer plays the queen, he will win
| with the ace.
Sup. osing the declarer played the
six. the seven now holds the trick.
East should return the ace. and then
the jack, unlocking the suit so that
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1930-10-16
anch County, Is Cow Country Through Diversification

in the United States. Now l on
der how much truth there is IN that"
Mr.. on Drashek writes.
He says he had a wonderful trip
from Havre to Paris. He remained
Is days In that city. hiring a driver
for his Garland spending all his time
driving about to places OF interest IN
the city.
Visited B~attlefields
ION August Is I started for
Czecho- Slovakia by way Of the battle
fields, Chateau hiery and st. Mihiels.
It was rather puzzling to look on the
map for the locations OF towns but
when I tried to locate cities Il found
nothing but heaps of stones a9o holes
in the ground. The grour{ qs and
roads are paved with steel from shells
and hand grenades and the ground
is all torn up and full Of shell holes
and trenches. The hills about Yer
dun still look as If q cyclone had
struck them. I saw the trench Of
bayonets and tile beautiful big me-
mortal they are building. There are
shout five towns around Verdun that
are still in the same condition as the
war left them nothing but bare
walls. . The first night I stopped in
Mannheim, Germany. and the next in
Pilsen, the town that made Pilsener
beer famous"
Has One Worry
In q careless moment MI. Won ORA
shek promised q professor at the
school at Ustt he would send him the
skins Of two rattlesnakes. How in
the world will I get them?" he asks,
recalling that during the nine years
he has lived in the western part Of
the state he never saw n Of the
"varmintS" alive.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1930-10-16

all the money raised by taxation was
taken out Of the country to build
roads In Austria and Hungary. On
Oct. %. 1918. when Czecho-Slovakta
was proclaimed a republic, the treas
ury was empty and there were nc
roads. It Is remarkable how rapidly
this country has gone forward during
the last IL years and In 10 years
more this country will have as good
or better roads than Germany.
Around Prague there are some won
derful asphalt roads,"
yesterday" MI. Won Drasfek
writes. I'VE drove to Prachatice. q dis
lance Of 20 kilometers or II miles. !
tried to make time with the Packard
but the best I could do was IS min
utes. The road is stony ana full Of
chuck" holes. I have broken two
front springs and one rear spring on
the car during the last five weeks,
which will give you an idea Of what
the roads are like. In this country
one drives on the left side Of the road
lin France ana Germany on the
right. I am getting used to 1t and
thus far I have been fortunate
enough not to have had any acci-
dents"
Prejudices I'm Prague
"This week there have been DEM
onstrations and disturbances In
Prague against the showing Of Ger
man : made and German : talking
films. It seems that most Of the
moving picture theatres in Prague
are owned and controlled by German
Jews and they show mostly German
talking films while there are plenty
Of Czecho-Slovak talking films. The
people became aroused and started q
clean : up Of the German theatres.
This mornings paper states that at
q demonstration last night SO police
men were wounded and SO rioters
were wounded and "a placed under
arrest" MI. Won Drashek said he
was glad he was not in the city that
evening.
There Is news in this mornings
paper that light beers and wine are
now allowed for home consumption
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1930-10-16
High Court Sustains .
$4,000 Damage Verdict

The North Dakota supreme court
has sustained a verdict of $4,000 re-
turned by a jury in Burleigh county
district court in favor of Mary v.
Schlinker of Bismarck.
Miss Schlinker sued Francis Jasz-
kowiak, Of Bismarck, as the result Of
an automobile accident here Novem-
Der Is, 1928. She was struck by q
truck driven in the employee Of Jasz-
kowiak.
In his appeal. Jaszkowiak claimed
Miss Schlinker. was guilty Of con-
tributory negligence. but the higher
court held the evidence was sufficient
to sustain the verdict.