davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28
B. &. O. NET DECREASES
$1,529,868 IN MONTH
Special Dispatch to The Star

special Dispatch to The Star.
BALTIMORE, August 2B.-Net op.
Grating railway income Of the Balti-
more g. Ohio Railroad for July showed
the largest decrease for any month so
far this year, the decline compared
with July, 1929, being sl,529, 1853. ana
nearly 100000 less than the previous
month this year. All operating revenues
for the month showed a decline COM
pared with July 1929, freight leading
with $2,95l, 1913, while mail revenue was
second with decline OF 81 1892, 489,
which was the largest decrease in mail
revenues Tor any single month this
year.
Total railway operating revenues for
the month amounted to SIT ,306, 1855,
compared with 500 l62,ll7 in July, 1929,
a decrease OF $4,855,352. This was off,
set to some extent by economies in
operating expenses which totaled Sl2,-
ass, PAL, decrease of S3.036,9i0 COM
pared with July, 1929. Net operating
income after deductions for railway rent
accruals, equipment rents, totaled
81, $40 079, against S5,l76,o 47 in the cor
responding month last year.
For the seven month period ending
July 81 the company reported operating
revenues $123,751 ,050, compared with
$l41 ,457, 069 for the corresponding Pc
Rod in 1929, q decrease Of 17,706,0le.
Net revenue from railway operating
income for the period was s28, $3.50, 535,
a decrease of $7,4l2, 323 from last year,
while net railway operating income
after deductions totaled $21 ,371 1884, a
decrease of $6,297,85 compared with
net operating income for the first seven
months Of 1929.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28
TRADING ON CURB
EXCHANGE IS LIGHT
Utilities Subjected to Profit
Taking, but Overcome
Losses.
By JOHN A. CRoNE.

Special Dispatch to The star.
NEW YORK, August 2S.-The Curt
Exchange, after opening irregularly
moved at a slower pace today and dis-
played greater selectivity than in recent
sessions
The leader of the power and light
division. Electric Bond e. Share, lost
more than its slight initial gain on
profit-taking at midday. This was true
also of American Gas e. Electric and
American Superpower. Cities Service
declined fractionally, IMPLYING the gen.
eral trend in oil issues.
Betterment In international stocks, .
moderate continuation of the strength
in utilities and investment trusts and
trading corporations and further weak
ness in the oils, coppers, textiles and
chain and department store shares fea-
tured trading.
The cheerful tone Of the London
market was mirrored there in such is
sues as Hydroelectric Securities, up 2
at the opening; Brazilian Light &
Traction, up 13s; Ford Motors, Limited,
up Il, and other issues enjoying inter-
national markets worked slightly higher.
Higher-priced utilities. aside from the
kIOuD, NGlC AlAcb w
move into higher territory. This group
included Commonwealth Edison, North
ern States Power and Duke Power.
The arrival here of several British
investment trust experts for the purpose
of acquiring control of some American
trading corporations, coupled with mer-
ger rumors and the generally better
feeling prevailing towards the securities
market, has benefited in varying d.
grees all types of concerns that might
be classified as investment companies.
Selected Industrials prior preferred,
for instance, was up 134, after its recent
weak spell. This follows on the heels
of Improvement in tobacco and various
Industrial shares in which the company
is interested. Goldman Sachs on early
sales was up, as bank and insurance
shares advanced.
Weakness in Houston OIL old COM
mon shares brought selling into the new
when issued stock. Solar Refining, with
q drop of 3k, crashed to a new low for
the year. Contrasting with this move
was the gain Of nearly 8 points in
Texon Oil &; Land, which reached a
new peak.
Softness in coppers was rather gen.
eral, but not pronounced in any single
issue. as the trade experts lower red
metal quotations, and traders look for
furthl dividend reductions and omis-
sions.
Textile shares proved vulnerable on
moderate offerings. Sidney Blumenthal
declined 5ss to q record low of 20k.
Shares of hosiery companies also eased
despite the big shrinkage of retail mer-
chandise stocks and prospective price
advances of raw materials.
International Textbook, which has
not appeared since July 81, opened un-
changed at 20. United States Gypsum
was up a point. Dow Chemical adj
yanced lie points, as American Cyana-
mid B. fell about point in forenoon
dealings.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28
TREASURY IS CONCENTRATING
ON CANCELLATION OF DEBTS

Of last year through sinking fund oper-
A call for redemption Of one of sew
eral issues Of notes Is expected en Sep
TENDER is, which would be six months
in advance Of the nearest redemption
date: In addition to series "a" 31h
per cent notes, series "B" and series &c"
are available for call. Which one will
be called Is anybodys guess.
The probability of retirement of a
portion Of the short-term debt of the
Government has given rise to rumors
that huge refunding operation is
planned, and that an offer will be made
to holders Of Fourth Liberty ~ per
cent bonds.
There appears to be no foundation
Tor belief that such an operation Is
contemplated. 1t is not considered
feasible to make an offer of new Sc
curities to holders Of those bonds of
which $3.50, 100000 par value are out
standing, because of the premium Of
about per cent which the bonds now
command.
Treasury Policy.
The policy of the Treasury is under
stood to be to limit maturities of new
fund q portion of the Liberties by put
ting out a 15-year bond, but the view
is understood to be held In Washington
that long-term bond issue might
interfere with debt extinguishment
plans at some future date.
Therefore, holders of the Liberty
bonds seem to have the last word in any
refunding plans the Government might
put forward. Eventually, however, q
huge refunding operation will be ar
ranged. In the meantime 1t is possible
that one of the smaller Liberty bond
issues may be called for redemption
There are only about $550,0o0,o00 OF
first Liberty ANS outstanding. They
will be callable in 1882 when retire.
ment could easily be financed through
short-term note issue.
(CopyriEht, 1901
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28
GRAIN MARKET

CHICAGO, August % (P1.-With
Canadian country marketingS of wheat
totaling 100000 bushels for "a hours.
against 1870, 900 bushels a year ago
wheat today again outdid the seasons
bottom price record. Crop reports sug-
gested that the yield of domestic Spring
wheat Is larger than had been looked
for. Minneapolis stocks Of wheat in.
creased 1,625,000 bushels for five days,
and Duluth increased 2,423,000 bushels
in four days.
Wheat, however, rallied at the last
in sympathy with corn strength, and
closed unsettled Mt the same as yester-
days finish 10 Y cent higher. Corn
closed firm, Sba1as cents up; oats, I'M
changed to IL cents advanced, and pro-
visions unchanged to Z cents of.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28
BIZ PRESTON s. KREcKER.


NEW YORK, August 28.--One Of the
interesting reperct1ssions OF the general
decline In interest rates to the lowest
level in years has been to force the
United States Treasury Department viz
tually to abandon purchases OF its Sc
CuritieS through use of the sinking tund,
and to adopt a new method of applying
that fund for debt. cancellations.
The indications are that the Govern
nent will elect to call one Of its note
issues for redemption in March and ap-
plying the sinking fund to part payment
of such redemptionS instead OF using IL
to make open market purchases.
During the early part of this year the
Treasury was quite active in open mar
ket sinking fund purchases OF It's OUT
standing issues. Those purchases, 1t
was learned today, converged on United
States Treasury 3la per cent notes,
teries "a" due on March is, 1882, but
redeemable on any interest date on or
after March Is, 1880, upon six months
notice. These purchases between De-
cember 81, 1929, and August J.. 1880.
reached the substantial amount of $685.
900, O00 The original amount of the
issue was 1880, ass, $50. The amount
outstanding is only $649,00o,000.
Notes at Premium.
The notes are now selling at a pre-
MUM, fact which renders purchase
in the open market through the sink
ing fund q rather expensive operatiqgh
A more economical method would be 70
accumulate funds and retire securities
available for call through outright re-
demption at par. That Is what the
Treasury is understood to have decided
to do. Its purchases of its securities
through sinking fund operations are
understood to have totaled only $25,-
000,0 900 from July /, the beginning of
the new fiscal year, to August 20 last
That is but IS per cent of the amount
retired during the corresponding period
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28
USE OF ELECTRIC
/. POWER IS DOUBLED
Per Capita Consumption Has
Grown Rapidly Last
Ten Years.
By the Associated Press.


On the basis Of the 1880 census, r. =.
Bonner, executive secretary of the
Power Commission, reported today that
the per capita consumption of electric
power in the United States had more
than doubled in the past decade.
For the country as a whole the per
capita use increased from 391 kilowatt
hours in 1920 to 800 kilowatt hours in
1880. The Northwest and Pacific Coast
States were the largest consumers in
proportion to population.
Montana, with per capita use Of
1928 kilowatt hours year was shown
far in the lead. with California, Wash
ington, and Utah following with per
capita uses of 1885, 1870 and 1,549
kilowatt hours, respectively. New York
and North Carolina with 1,165 and
1,04s, respectively, led in the East.
I'm the Western States with large
per capita consumption most Of the
energy Is generated from water power
sources which indicates the availability
of low cost sources has been a large
factor in promoting liberal use Of
power" the report said.
cit Is of interest to note" It con-
tinued, "that while the Pacific and
Rocky Mountain regions have increased
their per capita use only about SO per
cent during the decade, in nearly every
other section the per capita consump-
ton has practically doubled"
The greater rate of increase in the
other areas was ascribed largely to
economies to overcome the disadvan-
tage of less favorable water power re,
sources.
For the statistically- minded Bonner
- IL aa-I-A
produce 200 kilowatt hours of energy
In year Of 8-hour days. If 800 kilo-
watt hours of electricity at present are
used by each person in the United
States, 1t was explained, each man,
woman and child in the country had
four electrical men working for them
every day in the year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28
MINE INTERESTS OPPOSE
RATE STRUCTURE CHANGE

BY the Associated Press.
Mining interests, opposing any dis
turbance of the present rate structure
on non-ferrrous metals before the In
terstate Commerce Commission, said q
change in the schedule might force
abandonment of o. refinery at Omaha
and smelter at El Paso. It also was
commended the rates on Western bull
lion should not be advanced.
Although 1t was said there are no
economic or commercial conditions
which would make 1t necessary that
copper and lead have the same rate.
the interests asserted there are trans
portation conditions justifying 1t. The
present uniform rates on copper and
lead bullion were upheld on the ground
that they have identical transportation
characteristics. The only apparent
factor which would prevent uniform
rates would be that OF the price or the
value of the products.
When suggestion was made that a
copper refinery be located in the Mid
die West, a witness stated that a re-
hnery should be near the source of the
orc as long as there is an equality in
the rates on refined copper and copper
bullion. IF higher rate should be
placed on refined copper than on the
bullion, it was held, 1t might be de-
sirable to establish refinery in the
Middle West. The statement was made
that it would be more advantageous
to have refinery ct Chicago than on
the Atlantic seaboard. The Eastern re-
flneries were established because copper
originally was discovered in Connect
cut and the consumption first confined
to New England. Consumption is NOV
Ing Westward and it was said to be
economical to supply that territory
plant near a smelter would have the
advantage.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28
CHICAGO LIVE STOCK MARKET

CHICAGO. August % p.-CUnited
States Department of Agriculture -
Hogs-Receipts, 1900 head, including
5000 directs; slow; lighter weights and
butchers mostly l0a25 lower; packing
sows, weak to is lower; top, 1l.40; bulk,
desirable 170-22o pounds, l1.25al1.40.
Light, good and choice, l4o-l6o
200 pounds, 11.10al1 40; medium weight,
2O0-25O pounds, 10.s5a11.40; heavy
weight, 250-350 pounds, 1000a11.10.
Packing soWs-Medium and good 275-
500 pounds, 8.15a9.25. Slaughter pigs
Good and choice, l00-130 pounds, S.75a
1918
,Cattle-Receipts, $500 head; calves,
5000; strictly choice steers and yearlings
steady; others, IS and more lower on a
very slow Market 1926 paid for weighty
steers and long yearlings. but very little
done on lower grades; she stock sharing
steer decline.
Slaughter cattle and vealers-Steers,
good and choice, 600a900 pounds, 10 asa
1910; 900-1 100 pounds, l025a12 so;
I,100-I 800 pounds, +10.50a12.50: 1900
/ 500 pounds 10.50al250: common and
medium. COOL 300 pounds, 6.75a12. 90;
heifers. good and choice, 550a850 pounds,
l0.25al200; common and medium, 6.25a
1925.
Cows, good and choice, 5.75aS 90;
common and medium, 475a6.75 low
cutter and cutter, 3.75a4.75. Bulls,
yearlings excluded, good choice beef,
6.00a725; cutter to medium, 4.50a6.05.
Vealers milk fed, good and choice,
l1.O0aI2.50; medium, e.5oa11.00 Gull
and common, 7.5oae.50. Stocker and
feeder cattle, steers: good and choice.
5Oo-1 ,050 pounds, 7.00a8.75;' common
and medium, 6.00a7.25.
Sheep, 1900 head steady to weak;
fat lambs, tending slightly lower; bulk,
desirable natives, 7.75a900; few. 9.25;
bucks, out at mostly 7.75a6.25; throw
outs, 5.50a6.25; rangers unsold.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28
NEW YORK COTTON

NEW YORK, August 2S [R.-Trad-
ing In cotton was comparatively quiet
today with an early decline under sell
ing promoted by easier Liverpool cables,
followed by rallies on covering in the
absence of any material increase in
offerings from the South.
After selling off to 11.3i under the
early pressure, new October rallied to
1145 or 3 points net higher, lost part
of the gain with the active months rul-
ing about 4 to points net lower
around 2 o'clock.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28
MONEY marker.

NEW YORK, August 2S R.--Call
money renewed at 2 per cent today and
was in good supply, with little or no
indication Of pre-holiday or month end
f1rming.
Time money was inactive and un-
changed. Commercial paper was
steady and unchanged, with best
names quoted at 3 to 81 per cent.
Bankers acceptances were steady, with
asking rates unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28

NEW YoRl

NEW YORK, August % (R.-Stocks
irregular; international Telephone g.
Telegraph at record low. Bonds frregu-
lar: issues fiuctuate narrowly as demand
slackens. Curb irregular; utilities
heavy in dull trading. Foreign ex-
changes firm; Europeans advance. Cot
ton steady; trade support. Sugar
steady; firm spot situation. Coffee
higher; firmer Brazilian markets.
CHICAGO, August 2S (F.-wheat
steady: bullish European requirements.
Corn firm; unfavorable Iowa and In
diana reports. Cattle steady TO lower.
Hogs lower.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28
NEW SECURITIES

NEW YORK, August 20 (F.--New
securities offered today include:
New York, Chicago and st. Louis
Railroad Co., S3e, 100000 AZ per cent
and Dillon, Read & Co.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28

NEW YORK, August 2s tFl.-com-
pilation by Printers Ink of the first
half years earnings of ISL corporations
which are classified as national ad-
yertisers shows that 40 out Of ISL have
earned more in the first half this year
than in the corresponding period OF
1929. OF these 40 the food group, with
IL companies, had the largest represen-
takaon.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28
METAL MARKET.

NEW YORK, August 20 R).-Copper
easy; electrolytic, spot and future,
10% all. Iron quiet; unchanged Tin
firm; spot and nearby, 30.35; future,
1910. Lead steady; spot, New York,
$50; East st. Louis, 5.35. Zinc quiet;
East st. Louis. spot and future. 4.S0
Anthony, IT'S.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28
Wagon Production Decreases.

ST. LOUIS, August % fF1.--Seven
thousand wagons were made by four
st. Louis factories last year. a decrease
Of approximately $4,000 from the pro-
duction level ot 1920.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28
Butter Trust f.r Russia,

MOSCOW, August 20 CP).-organiEa-
ton Of butter trust with 10000 COWS
this year and 10000 next is new
measure adopted by the central COM
mittee
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28
CHICAGO STOCK MARKET

CHICAGO, August Following is
the complete official list of transactions
in stocks on the Chicago Stock Ex-
change today:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28
WHOLESALE PRICES.
~ the Associated Press.

By the AsaoclAted PIebb,
General prices continued last week
to show q downward trend as their
change was calculated by Census Blu
reau records. Figures which follow
give the index for the week and COM
parable periods. based on representing
1925 average wholesale selling prices as
100. In addition, selling prices for o
composite ton OF steel products at like
periods is given:
Call
com nodities. steel.
Week ended August as" s2e S3s. 90
Previous week. o36N IS 90
Same week last year.. $40 1855
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28

The London County Council street
car lines made a profit of 100000 last
year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28
NEW YORK CURB MARKET s ss:;;. III: :1 ::: S Ss:

Note-An stocks sold i'm one hundred share lots
excepting those designated by the SOs (250sl
which shows those stocks 70 be sold in odd lots only
Prev 1885, Stock and Sales
uieh Pats "A m ma
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28

Argentinas corn crop Is so large this
year that 1t has been problem TO find
enough ships TO carry 1t TO other
countries. 81, ..amtA&s
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28
BONDS.

tcopyrishs. $780, Standard Statistics co.,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28
STOCK AND BOND AVERAGES


BY the Associated Press.
From Yesterdays $40 Edition.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28
Corporation Earnings.

5000 insult Util IS 40. 1o4 io4 lo4
Bond sales today--S5.0 900,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-28

~ % "a
Dividend quarterly I'm
Unit trading shares extra.
4s Payable cash Payable in
Adjustment dividend Plus Sc gPlus 81
n
n stock n IN
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-29
THREE CINV|CTS
ARE ELECTROCUTED
Pay Penalty for Death of
Leader of Auburn
Prison Riot.

a
OSSINTNG, N. ". August a.
Guarded closely to Illustrate any last
minute attempt at violence, three con-
victs were electrocuted last night for
the Staying of a fellow convict during
the Auburn prison riot of last December.
Claude Udwine, 90; William Force.
80. and Jesse Thomas, 20, were con-
yicted Of staying Henry Sullivan, leader
of the mutiny, in which 10 lives were
lost
The arms of the three men were
grasped tightly by guards during the
march from their cells to the death
chamber. Warden Lewis E. Lawes later
explained that one of the men earlier in
the day had tried to induce woman
relative to smuggle in q gun.
Thomas was the first TO be executed
and was followed quickly by Force and
Udwine.
An attempt by Stella Udwine, sister
of one of the men, to see Gov Franklin
d. Roosevelt at a hotel where he was
staying at Oswego, N. Y, failed when
she was refused admittanCe TO his suite.
In the December riot at Auburn
prison Sullivan. eight oLner prisoners
and Principal Keeper George Durnford
were killed.
Six men were tried. on charges of
numbering Sullivan, but the other three
were acquitted.
THOMAS, at the time of the riot, had
been serving a life term for robbery;
Force, is years for burglary and grand
larceny, and Udwine, 80 years for rob-
berry.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-29
CANADIAN D0RY TAKEN
WITH $3.50, 900 RUM CARGO
Captain and Crew of Nine Arrest
ed and Will Be Arraigned
on Smuggling Charge.
BY the Associated Press.

BY the Associated Press.
NEW YORK, August 29.---Loaded to
the gunwi1ales with first rate liquor
and malt valued at 100000 the trim
Canadian sea dory Nova v was brought
into the harbor Wednesday by the Coast
Guard boat Cardigan after her capture
within the 12-mile limit of Shinnecock,
Long Island Capt. William Kaulbach
and his crew of nine were under arrest
and viii be arraigned on charges of
smuggling The task of diScharging
of the cargo began at once.
The Nova v, motor driven craft
valued at $4,000 and capable of doing
~ knots, was overhauled by the patrol
boat after chase of half mile dur
ing which one round of shot was fired.
A difnclllt legal problem was FORE
seen by customs officials In the state
n1ent of counsel for the prisoners that
his clients had committed no crime
because they we're outside the three-mile
limit. had not had contact with the
shore. and had not transferred their
cargo to another vessel. The captain
insisted he waS en- route TO Bermuda
and lost his bearings. >,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-29
AL UMNAE FEDERATION
ELECTS 1890 OFFICERS
Mrs. Phillip Brennan of Brooklyn
Chosen President to Succeed
Mrs. Finan of Chicago.
az enc Associated Press.

BY the Associated Press.
EMMITSBURG, Md, August 29.-
Mrs. Phillip Brennan Of Brooklyn was
elected presidest of the international
Federation of Catholic Aiumrae at We'd
nesday's session of the ninth biennial
convention at st. Joseph's College. Mrs.
Brennan succeeds Mrs. Mary Blake
Finan of Chicago, who had served two
terms The new president. an alumna
of st, Johns Academy, Indianapolis,
inaugurated Mary's day, set aside on
the eve of Mothers day ito honor the
mother Of mankind"
Others elected we're Mrs. Harry p.
Rooster, Toronto, governor of the On
tario Chapter, first vice president; Mrs.
Alfred G. Wilton. Washington, second
vice president. and Mrs. E. M. Holmes,
Norfolk, third vice president
Miss Helen Reed ONeill Of Brooklyn
was chosen recording secretary; Miss
Ruth Finneran, Columbus, Ohio, corre-
spending secretary; Mrs. William H.
Connell, Pittsburgh, treasurer, and Mrs.
S. Paul Stock. Denver, and Miss Mar
guerite Linahan, Omahf., trustees.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-29

nesday in q locomotive cab, after q trip
from washington to visit Johns Hop
kins Medical School.
Lii Malaka e. Z. Bayen, the younger
of two ENJOYS of the ruler, rode in the
locomotive by a special ruling of rail-
road of1icials, because OF his expressed
interest in American railroads. In q
parlor car, attired In white linen, with
a mantle of black silk with a green and
red collar, was Kantiba Gabru, the
other.
The younger man donned white linen
also. He announced he had found the
ride delightful"