davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-04
Washington Ticker
BY CLINTON COFFIN.

In spite of the mixed showing now
being made by those collections of bust
ness statistics ordinarily treated both as
indicators of present business activities
and guides to the business future. Fed
eral officials most interested hold to a
positively optimistic view in all discus
sions OF the subject. Robert p. Lamont,
who, as Secretary of Commerce and
former experienced executive of impor-
tant enterprises, is an intent student of
economic trend, insisting that within
two months or so the country should
be clear of reports of unemployment
and slack business.
That two months is likely to seem a
long time to the man who hasn't got
job now" the Secretary commented
land yet 1t remains a fact that once in
a while the industrial machinery of the
United States has to slow down, perhaps
because of inherent need for resting or
balancing. We have come through one
of those transition periods. and 1 look
for the figures of distribution and pro-
duction to register general improve
ment from now on
AS concrete example of some of the
considerations which shape his view,
Rail Figures Cited.
st know one prosperous American
railroad, which shant name" he con-
tinued, which has for 80 years pre-
pared a sort Of representation of bust
ness outlook and industrial prospects
along its lines to guide its own major
policies and considerations. There has
been SO much practice that its forecast
has long been unhesitantly adopted by
its board of directors. Now, for 1880
this road finds that its traffic volume is
likely to be within per cent of the
aggregate volume 1t had in 1929. Since
the first two months of the year have
shown much greater declines from last
year than that, the conclusion is offered
that the last 10 months of the present
year will have to furnish very good
traffic or the prediction will be in error.
These railroad estimates are about
the most dependable things in the way
of business forecasts know. and they
are noticeably pointing one way as to
the business future"
Freight rates on railroads show
tendency to align themselves against
various commodities only roughly in
proportion to the valuation of the arti-
Gle shipped, M. 0. LorenZ, statistician
for the Interstate Commerce Commits
sion, finds. He has submitted a men,
orandum to members of that body,
pointing out that the principle of relat-
ing freight charges to values of goods
is a sound one. though he concludes
that freight rates today are on a pre-
dominantly cost-of-service basis"
Difference in Freight Rates.
Whatever the cause may be-" the
Lorenz memorandum says, lit is a fact
that the judgment of practical men is
to the effect that generally speaking,
substantial difference in the market
value Of two articles means some diff
ference in the freight rates that 1t |
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-04
Howo
lNCOME TAX

Charitable contributions and gifts are
deductible within limitations provided
by the revenue act. In order that a de-
duction may be made, contributions to
a corporation, trust, community chest,
fund, or foundation must meet several
tests. Such organizations must be
operated exclusively for religious, chari-
table, scientific, literary, or educational
purposes, or for the prevention of cru
eltv to children and animals. No part
OF this income must inure to the benefit
OF private stockholders or individuals.
Contributions made to a missionary
fund, church-buildings funds and for
the benefit of other activities of the
church are deductible. Pew rents, as
sessments and dues paid to churches are
regarded as contributions Gifts to any
corporation or association organized or
devoted to the advancement of learning
are exempt.
Gifts to an individual are not de-
ducttble, but If made to a charitable or
ganization, as defined by the revenue
act. may be deducted even though the
organization distributes funds among
the individual beneflciaries.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-04
Ills AND UTILITIES
LEADERS ON CURB
Speeds Up in After
noon Under Two Groups
Leadership.
BY JOHN A. CRoNE.

Special Dispatch to The Star.
NEW YORK, March 4-Reversing
the irregulsrity that marked pre-noon
dealings. the curb market turned active
and higher this afternoon under the
leadership of oils and utilities.
Reynolds Metals. responding to its
earnings report and new product plans,
gained points. Walgreen was up 2
points in the chain store group. Mavis
Bottling made little Roadway on re-
ports that 1t will be taken over by one
Of the worlds largest soft drink makers.
Cities Service Rises.
Cities Service crossed into new high
territory by passing IS. At times this
stock, which was turned over rapidly,
was up more than 3 points. Indian
Territory Illuminating Oil, a Cities
Service subsidiary. likewise was at a
new high, as was Arkansas Gas, a third
subsidiary
Most of this buying was on reported
natural gas plants, but such issues as
United Gas, Memphis Natural Gas.
Dixie Gulf Gas and Lone Star Gas ran
into profit-taking.
Electric Shareholders, Associated Gas,
American Cities Power g. Light B.
American Commemorative A and Amer
lean Superpower Spurted near the close.
STANDARD OILS also were higher.
United Light 81 Power A also met
considerable p-oflt-taking
United Light & Power A also met
considerable profit taking previous to
the announcement that directors had
placed this stock. as we'll as the B
shares, on 81 annual basis from the
so cents paid heretofore. The stock
later advanced.
The pool in Canadian Marconi dis
posed of part of its holdings, with the
result that the stock moved down more
than a point. Eisler Electric equaled
its previous high. Dubilier Condenser
was fractionally easier.
Western Maryland preferred featured
the rails, gaining points on a single
share. Pennsylvania Railroad and Ca
madam Pacific, new, opened unchanged.
Peninsular Telephone Co., admitted
today. opened at Is and later sold frac-
tionally higher. United States Radiator
moved lower despite its 1929 report on
earnings, which were nearly three times
higher. per share. than the 1928 profits.
Douglas Aircraft was one of the most
active air issues. Roosevelt Field was
up more than a. half point, as its re-
port showed earnings of Is cents a
share in the last nine months. Al
though 1929 net was about one-half
of its 1928 earnings, Consolidated Air
craft advanced
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-04
SUGAR MARKET QUIET.
Raw Futures Declines-Refined
Product Turns Easier.


Product Turns Easier.
NEW YORK, March 4 CP).-The raw
sugar market was quiet and unchanged
early today, with no sales reported, al
though duty free sugars in nearby posi-
ton was offered at last-paid prices OF
$40 delivered.
The raw sugar futures market cnened
at declines of to 4 points under lioui-
dation and selling by houses WITH trade
and European connections. There were
$50 March notices issued and the cir
culation of these probably cause d some
of the early selling, although the easier
London cables and the continued liberal
offerings in the spot market, AZ well as
the reduction in refined prices, all had
an influence. The selling was less ag-
gresSive following the call, however. and
partial rallies followed with the list at
midday to points net lower.
The refined market was easter and
prices were reduced 10 points by all re-
f1ners to the basis of ass for ire gran
ulated. The demand, however was
Ilgnt and limited to nearby require
mentS only.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-04
COTTON MARKET.

NEW YORK, March (P).-Early
declines under continuation of the
recent selling movement promoted by
the early weakness in wheat we're fol-
lowed by rallies on trade buying and
covering in cotton today Prices for
new crop months broke into new low
ground for the season under the early
pressure, while May sold of to 1897, or
within 2 points of the previous low
level. but offerings tapered off at these
figures, which seemed to attract little
more buying.
The midafternoon market was quiet
and fairly steady at rallies of to 8
points from the lowest, but still showed
net losses of from to IL points on
the active months.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-04
GRAIN MARKET.

CHICAGO, March 4 (P.-Wheat
gained in price late today after an early
decline. Upturns were associated with
proposals in the Senate at Washington
that a gift of $25,Oo0,OOO worth of
wheat be made to China. The idea was
not new, but this was the first time that
such plan had received official recog-
milton. Farm Board purchases of
100000 bushels of hard Winter wheat
at the Gulf of Mexico were also a sub
ject of notice and there were some late
complaints of dry weather over parts
of domestic Winter wheat territory.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-04
Markets at a Glance

NEW YORK, March (R.-Stocks
strong; several utilities again at 1880
high. Bonds firm; u. S. Governments
advance. Curb firm; Cities Service
rises more than points to new peak
for year. Foreign exchanges firm;
Spanish peseta decline further while
japanese yen continues upward. Cot
ton lower disappointing trade reports.
Sugar steady; trade support. Coffee
easy; European selling.
CHICAGO. - Wheat steady: Farm
Board buying and advance Winnipeg.
Corn steady with wheat and steadier
cash markets. Cattle firm to higher.
Hogs lower.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-04
HARNIsCHFEGER CORP.

NEW YORK, March 4 ZAP. The an
nual report of Harnischfeger Corpora
ton OF Milwaukee, maker of heavy ma
cnlnery. shows net earnings for last year
of $1,240,547, or $685. a share. Profit
IN 1928 was equal to $281 a share on
the basis of the present capitalization.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-04
MONEY PLENTIFUL.
Available in Outside Market 1-2 of
1 Per Cent Below Post Rate.

NEW YORK, March 4 P).-There
was plentiful supply of funds offered
in the call money market today, and it
was available in the Outside market"
at az per cent, II of per cent below
the 4 per cent rate maintained at the
loan post. There was large supply
of Federal funds on hand, indicating
that member banks are in comfortable
position with surplus reserve deposits.
Time money also was easier with all
maturities quoted at Az to 4a4 per
cent.
The bankers acceptance market was
steady. with the demand good. but a
limited supply of bills. The asking rates
were unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-04
NORTH AMERICAN CAR

NEW YORK, March 4 P.-North
american Car had in operation in Feb
Euary $500 cars, against 5,I60 year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-04
FOREIGN BONDS.

With an income of $4,000 a year
King Boris of Bulgaria is Europe's poor
est King, and he maintains his sister,
content with one new dress . year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-04
DOME MINES. LTD.

NEW YORK, March 4 tP).-Dome
Mines, Ltd, earned $1.87 on common
stock In 1929, against $1.57 year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-04
NATIONAL LEAD.

NEW YORK, March 4 (P.-National
LEAD mas acquired -Hueter Paint
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-04
EISLER ELECTRIC.

NEW YORK, March 4 (R.-Eisler
Electric earned $5.23 on common stock
in 1929 VS.. 81 in 1923.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-04
STAR WASHINGTON D c. MARCH 4


Notice-An stocks sold one hundred share lots
excepting those designated by the (65sl (2s5s)
which shows those stocks to be sold in odd lots only
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-04
NEW YORK BANK STOCKS.

NEW YORK, March 4 O4P).-Over the
counter market:
Bank Stocks.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-04
STOCKS.
BONDS.

tcopyriEht, 1880. Standard statistics Coz
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-04
FOREIGN EXCHANGE.

louotations furnished by w. 3. Hibbs & Co
Nominal gold Selling check
New Britain herald., 1930-01-22
Mrs. John F. Meehan
 Files Divorce Suit

Alleging intolerable cruelty and habitual intcmperance. Mrs. John l.. Fodt Meehan of this city has brought an action for divorce against John r. Meehan. claiming custody of two children and support for them. The complaint vas issued by Attorney William Coughlin of MiddIetown and the papers were served by Constable Francis E. Clynes by publication, as Meehan could not be located.
 The couple were married in New Haven on August 3l, 1911. and the defendent has been habitually intem- Dcrate for more than one year and still is habitually incorporate, ac- cording to the allegations, and since March 1, 1919, he has been guilty of intolerahle cruelty on divers days. The children are Dorothy, aged l4, and Ruth, aged years.
New Britain herald., 1930-01-22
MILITARY FUNERAL
 FOR JAMES COFFEY
ObsequieS Held Today for Span- iSh-AneriCan War Veteran

Military funeral services for James Cofey, aged 50. of S7 Fremont street, veteran ot the Spanish- American war, who died sunday morning at the United States hos pital in Rutland. Mass. were held this morning at S:SU at the home and at 9 o'clock at St. NJary's church. A large delegation of members from the Court Charter Oak. Forcsters of America, attended the obsequies.
 Rev. Walter J. Lyddy was celc- hrant Of the solemn high mass of requiem, Rev. John T. Connor was deacon and Rev. Thomas r. Lawlor was sub-dcacon.
 AS the caskot was borne into tha church Mrs. Mary T. Crean sang America" accompanied by Organ ist John J. Crean on the organ. Bucks Ave Maria was sung bJ Mrs Crean at the offortory and at the conclusion Of the mass she rendered Taps" As the casket Was borne from the church Organist Crean played Griegs funeral march.
 The pail bearers were John Kelly, Frank Kelly, Jr., James Kelly and Charles Fitdgerald all nephews of the deceased soldier. and Fred Yost and J. PetroWsky, representing Court Charter Oak.
 Rev. Matthew J. Traynor co1- d}.ctcd the committal services at the grave. Burial was in St. Mary s cemetery.
New Britain herald., 1930-01-22
Miss Alice Nankaskc

Funeral services for Miss Alice Gankaske, aged 2l. who died Sun day, were held this morning at 7:30 at the home of her aunt, Mrs. Julia Wallace Of 33 Dewey street and at o'clock at St. Andrews church. Rev. Edward Y. Grikis, pastor eel cbrated a solemn high mass Of re- Quiem.
 As the casIlot was born into the church the organist played the funeral march by Beethoven. At the oifertory Miss Anna Sintai sang Pie Jesu' and as the caslict was borne from the church 1he render ed "Geisne Gailescio."
 The pail bearers were Edward Jennings, Charles Stankebis, Victor A. Norvill, John Berzanskl, Albert Polumbo and Rocco Nesta. The flower bearers were Anthony Wit kowske and Charles Daskaush4 both of Hartford.
 Rev. Father Grihis conducted the committal services at the grave Burial was in St, Mary's cemetery.
New Britain herald., 1930-01-22
CURB WORKS UP
 ID HIGHER LEVEL
Gains Mostly FractiOnal-
 Utilities Issues Popular

New York, Jan. o2 LP>--The curb market vas inclined to work higher today, as buying Of the utilities and some of the specialtics continued at a moderately active pace. On the whole, however, this market failed to respond notably 10 the rather brisk upturn on thc stock exchange. Gains were largely factional, and progress was hampercd by sporadic selling. Several of the less active shares were without support and dropped points or more on a few sales.
 Stock Is Admitted
 The stock Of the United States Electric Power Corp, organized 8 few months ago by Harris Forbes and other interests to acquire control Of Standard Power S; Light was admit ted 10 trading on this market, but met with little demand, and sagsed slightly below yesterdays closing price on the produce exchange. AL though stock of the Pittston Con- pany, recently organized by the Van Swerlngens. was admitted to trading on this market, it's sponsors are un- derstood to have discouraged the move and applied for listing on the stock exchange. No sales have taken place, and the trading in rights 10 Erie stockholders to purchase Pitt ston shares has turned dull. American Gas, American super power, and United Light A gained fractionally. Electric Bond & Share was fairly active, but fluctuatcd nar- rowly and uncertainty. Nevada Cal ifornia Electric jumped points in q few sales. Utility Equities was in fair demand, gaining a point. Inter- coast trading affiliate Of transAmer- lca, made similar gain, but invest ment trusts generally were dull.
 Cosden Rallies , Points Cosden rallied nearly , points, but oils generally failed to respond to the more favorable crlde produc- tion figures.
 In the industrials, Crocker Wheel CT sold up couple of points, in re- sponse to report of a plan to offer stockholders rights to purchase ad- ditonal shares at l5. New England Telephone, however, lost 8 points, reflecting the recent offer of rights, Tubize dropped about 5 points in q few sales, and Driver Harris, Tajar- do Sugar, Glen Alden and Newmont lost points or more.
New Britain herald., 1930-01-22
F un CT als
Miss Catherine Dwyer

Funeral services for Miss Gather inc Dwycr, aged 45, of S7 Broad street, who died Sunday. were held this morning at 9:30 at the NJ. J. kenney funeral parlors and at 10 o'clock at St. Mary's church. A sol- emn high mass of requiem was eel ebrated by Rev. Thomas F. Lawlor. Rev. John T. Connor was deacon and Rev. Walter J. Lyddy was sub deacon.
 As the casket was borne into the church Organist John J. Cream play ed Chopin's funeral march. Mrs. Mary T. Crean sang Pie Jesu" at the offertory and at the conclusion Of the mass she rendered Beautiful Land On High AS the caskct was borne from the church Organist Crean played Mother Dear, Oh, Pray For Me-
 The pail bearers were Edward Mulin, John Brophy, Neil Murphy, John Dudak. Francis McAvay ot Hartford and James Smith
 Rev. Father LaWlor conducted the Committal services at the grave. Bur ial was in St. Mary's cemetery,
New Britain herald., 1930-01-22
THOMAS MURRAY DIES
 AT HAMILTON ST. HOME
spent 35 Years With American Bridge Co. and 20 Years With
 Stanley Works.

Thomas Murray, aged T. died to- cay at his home, S5 Hamilton street, after an illness from which he had suffered for five years. He was forced 10 take to his bed last Thurs Gay.
 Mr. Murray had been identified with manufacturing in New Britain and vicinity for the past 55 years. He was master mechanic for the American Bridge Co. at East Berlin for 3o years prior to the discontin- uance of the business and for 20 years prior to his retirement five years ago he was in tic employ of the Stanley Works. He was an honorary member of the Stanley Works Mutual Benefit society.
 Mr. Murray is survived by his wife and a daughter, Miss Irene A. Mur- ray, bookkccper at the office ot North X Judd Mfg. Co.
 The funeral will be held Friday morning. A solemn high mass of requiem will be celebrated at St.. Mary's church at 3 o'clock. Inter- EIent will be in S. Mary's cemetery.
New Britain herald., 1930-01-22

old structure on Myrtle street many years ago.
 Later she moved to Ill Linwood street and made her nome there for 20 years. She was instrumental in the organizing of St. Joseph's parish. of which she was a charter member. She was known for her kind disposition and generosity.
 She was confined to her bed about six months and a. few days ago she fell into a coma, passing away peacefully this morning at 3:30.
 Surviving are two sisters. Mrs. Harriet Clark Of this city and Mrs, Margaret Clark Of East Stratford three nieces, Mrs. II. II. Hall. Ms, Mary McSweeny and Mrs. Harry Phoenix of Stratford.
 Funeral services will be held Friday morning at o'clock at St. Joseph's church. Burial will be in St. Mary's cemetery.
New Britain herald., 1930-01-22
BONDS ARE UNEVEN
 ANDL|S7S QUIET
Somewhat Better Resistance
 Seen-MuCh New Financing

New York, Jan. 2a Py-Bonds We're uneven and quiet today, al though the market seemed to show a little better resistance to the cas- ing tendencies which have been the result Of the new financing.
 A few issues that lost ground rather sharply yesterday recovered their declines and there was anoth- CT forward move in foreign bonds. but the domestic list in general was dull.
 More Issues Offered
 Another group Of utility offerings brought the total Of new fnanu...g for those companies in the past lv days 10 about S250.OO0,oO0. Large additional ilotations are still pend- ing.
 The days issues included $lV.- eco, 900 in Northwestern Power Con- pany, Lid. convertible 90 year 6s al 9G; S20,0O0,000 in Public SeivItc Electric (; Gas Company 40 year 41as at 95l2; and s3,0OO,0QO Mon N- SN~' ] EA'i' " HSa N~Oiii pAilS, eSAiII 'Al mortgage 5s, due l95o at 9l12. There Mas also a Philippine govern ment Sl5.000,000 issue Of Metropoli- tan Water district 30 year 4Ea. priced at 102, and two or three smai. domestic municlpals.
 German Republic 7a were in good demand at an advance Of nct y half point. German General Electric $ F with warrants, rose 2 F points to l24. French government loans moved at about their high levels for the past year, and other European obligations, including Po- land 1s, were well supported.
 Liberties and treasury certificates were only mildly active in the early trading. Trading in the latter has been extremely light this week, and scattered buying orders at the open ing today brought some sizeable gains. Liberty 1-9s and fourth { l-4s eascd.
 Rails remained clo-e 70 Tuesdays 8 final quotations on thin inquiry and changes in the leaders were conSe- quentaI in either direction. Utilities and Inlustrials likewise dragged. Standard Oil Of New Jersey 5s re- gained the point lost yesterday and Standard Of New York f l-2s re- covered most of a slightly larger de cline. Ehe American Telephone 5s of 1865, when issued changed hands actively within about an eighth oi the previous close.
 Conycrtibles were dull. lautaro Nitrate 6s advanced nearly a. point, but the two telephone company debenturcs in this classification sagsed, Pan American Petroleum IS rose more than a point.
 News Of the day included the New York Centra's application for au- thority to issue s5,2S0,O00 in 4ia per cent equipment trust certificates.
New Britain herald., 1930-01-22
ANIMALS PERISH IN FIRE

Boston, Jan. % fUP)-Threc horses and two dogs pcrishcd in a two-alarm fire which virtually de- stroyod the public works department stable in Brighton last night
 Night Watchman John Walsh and James Dowdal of Dorchester led the three horses almost to the open when the animals became frightened and dashed back into the fire to their deaths.
 One Of the horses that perishcd was Big Ben" former Boston police department mount.
New Britain herald., 1930-01-22
MRS. M. STEWART
 DIES AT AGE 0F 8O
Venerable Woman Had Lived
 Here for Many Years

In failing health since the death her husband five years ago, Mrs. Mary Morrison Stewart, aged 80. widow of William l., Stewart, died this morning at the home of her niece, Mrs. II. II. Hall Of 40 Grand street.
 Mrs. Stewart was born in Hart ford and received her education there. She then moved to Rockville and after residing there for a few wars came to this city and made Ter homo on Beaver street. She vas a member Of St, Mary's church when the services were held in the
New Britain herald., 1930-01-22
RAILROAD FILES PETITION

Washington. Jan, 22 P'-The New York Central Railroad sought per for authorization 10 issue S5,2SO,O0 Of Equipment Gold Trust to partially finance the purchase of S7.06S,G27 in new equip ment in an application today to the Interstate Commerce Commission.
New Britain herald., 1930-01-22
EXCHANGE CLUB MEETS

The Exchange club met last night at the Buritt hotel for its weekly meeting. \ general discussion took place when it Was announced that no speakers had been available. Leo BurdicN, former president of the Bridgeport club was present as q guest. The matter of joining the bowling league sponsored by the Chamber Of Commerce was dis cussed but vas tabled until later meetings. It was learned that the club will have at least one team in the league.