davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-16
SALE OF LICENSES
inks COMMISSION
"TraffiCkilg" n Radio Per-
mits Suspected by Great
Number of Changes.

"Traficking" in radio licenses is
strongly suspected by the Federal Radio
Commission as a result of the unusu-
ally large number of applications for
changes in the ownership of broadcast
ing stations fled in recent months. In
stead of giving up the ghost" dozens
of stations otherwise unable to stand
the economic pace of broadcasting APP
pear to be selling out to commercial
Interests, which Immediately set about
to obtain better facilities for those
stations.
authorized under the radio act to
pass upon transfers of licenses before
they are effected, the commission has
announced in q statement that all re-
quests for changes in ownership are
being scrutinized carefully to deter
mine the financial responsibility ara
repute of the proposed new owners.
Indeed, the commission intends 70,
have its investigators inquire whether
any necessity exists for continuing such
stations at all. Since the wave lengths
are highly congested already, the COM
mission is disposed to eliminate sta
tons Of dubious status rather than
authorize the continuance of licenses
that retain the weaklings of broadcast
ing and prevent natural elimination
dAA0 - survival Va Tile A1bbCcbs
While it does not say so directly, the
commission evidently eyes askance the
trend Of church and educational sta
tons toward new commercial owners.
At least q dozen church stations have
gone commercial" in the last year,
and many school stations seem to be
doing likewise. It would be far better
grace on their part to retire volun-
tarily from the field II there Is no
longer any need for their services, ac-
cording to the commission.
Newspapers have been very promi-
nent among those seeking to purchase
existing stations or establish new ones.
In the cases of proposed newspaper
ownership the commission has been
inclined to authorize the changes, rec
ognizipg the strategic position Of q
newspaper to render effective public
service by radio. It is against the
Speculative" only that the commission
is aiming its inquiries.
what inks the commission most Is
the fact that the commercial interests
no sooner obtain q limited time sta
ton, like a church or school station,
than they begin 10 exert every kind Of
influence to get more time on the air.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-16
MARCONI RADIO
TALK POSTPONED
Father oil, Wireless Reported
III on Yacht in Bay
of Naples.

A varied musical program by Ma
thaniel Shilkrets Orchestra will be
presented during the r. G. A.-Victor
hour tonight over WRC and associated
National Broadcasting Co. stations as
a substitute for a previously announced
broadcast of a two-way transatlantic
conversation between Guglielmo Mar
com, father of wireless, and David Sar-
noff, president Of the Radio Corpora
ton of America. The spectacular broad
cast was postponed on account of the
illness of Marconi, who is aboard his
yacht in the Bay of Naples.
Will Play Saxophone Solo.
Eugene Ormandy presents Clyde
Doerr as the featured soloist on the
Jack Frost Melody Moments program.
The master of many instruments,
Doerr has chosen the saxophone for
his. solo number and will play COM
position of his own, "Technicalities. !"
The orchestral selections range from a
1927 to Won Suppe's "Boccaccio."
william Penn, who brought the
Quakers to America, will be the rein
carnated honor guest at the Arco birth
day party. The musical portion OF the
program will consist mainly OF selec-
lions by composers whose birthday an
niversaries occur this week.
Molly Picon, refining favorite OF New
York's Yiddish Theater, will assist
Rudy Vallee and his Connecticut YAM
KEGS in presenting the Fleischmann
Sunshine Hour. Her contributions will
be Love Song" "Temperamental
Tilly." Mama Dear" and IAN Inter-
view With Mr.. ziegfeld.'
Kurtz Hetzel to Play.
Brooke Johns gives way to Kurt Het-
eel. pianist, and concert trio, during
the Hahn'S Dynamic program. HetZel
has been living in Washington since
1925, when he came here to organize
q symphony orchestra, which he di-
rected at its premiere concert in April,
1925.
Secretary of Labor james J. Davis
will be the speaker in the Republican
Radio Rally to be broadcast tonight by
WMAL and network of other Column
bia Broadcasting System stations. THE
Interest of the Workingman Is With
the Republican Party Is the subject
of his talk. Frederic William Vile,
veteran radio political analyst, will In
troduce him.
Nine. Else Hartman Atendt, soprano.
and Prof. Martin Lochner, organist of
the Concordia Teachers College of
Forest River, H., will present the mu-
steal portion of the Lutheran hour. The
musical selections will be followed by an
inspirational message by DR.. Walter, A.
Maier of the Concordia Theological
Seminary at st. Louis.
A playet entitled "ClepSydra," viii
feature the Hamilton program. The
title is the Latin word for the water
clocks used in ancient Rome.
Al Lyons to Give Recital.
Al Lyons, master of ceremonies at
the Fox Theater, will be heard again
over VOL at $50 O'Clock in a piano
recital. The stations other features in
clude concert by the. Kohala Melody
Bows and a Community Chest program.
WJSV will broadcast tonight the an
nual Fall Scottish Rite reunion in Alex
andria, Va. Another travel talk by
Lucy Salamanca and a concert by
walter Hollis Fret Ensemble are among
the stations other outstanding attract
tons.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-16
RADIO PROGRAMS
| TREND TO CULTURE
Commissioner Lafount Says
Jazz and PiffIe Are Los
ing Ground.

A trend away from jazz and pine and
toward the cultural and educational is
seen by Federal Radio Commissioner
Harold A. Lafount in radio programs
being broadcast by many stations.
Describing as most gratifying" the
apparent endeavor of stations to provide
really useful program material, Mr..
Lafount said that broadcasting at last
is showing healthy signs of development
in the right direction. Increased at
tention to things educational seems to
be the salient trend in program ma
terial, he says.
I'm my opinion this is one Of the
most important uses to which broad
casting station can dedicate itself" he
asserted. "Of course, the programs
should not be too heavy nor should.
too much time be devoted to timely
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-16
topics, but every program should con-
tain these features daily"

topics, but every program should con-
tain these features daily"
Endorsement by Lafount.
Mr.. Lafount whole heartedly Endorses
the project for the establishment with
in the United States Bureau Of Edu-
cation of q section devoted to education
by radio In order to systematic and
standardize educational programs. Ex-
periments now being made by States
on their own initiative and by individ-
ual institutions to hasten the arrival
of practical education via radio should
be crystallized and directed from q
central agency made up Of persons high
~ educated, possessing vision and
imagination, he asserts.
The commission, under the radio act,
has no right of censorship over pro-
grams, it is emphasized by the commits
Sioner But he points out that the kind
of material broadcast by stations neces-
sarily must influence the commission in
making ALLEGATIONS of wave lengths and
power. And he makes clear that he will
support the station which evinces an
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-16
Hawaii's Second Radio Beacon.

Hawaii's second radio beacon has
been placed in operation by the United
states Lighthouse Service at Kilauea
Point, Kaui Island, providing guiding
signals that can be heard 100 to 200
miles away by vessels approaching the
Hawaiian Islands from the west. The
other radio beacon station was in
stalled in 1927 at Makapi Point to
guide vessels approaching from the
American coast
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-16

daily. Healthy and animated discuss
sions among members Of the family win
likely follow, leading to incalculable
Dement'S. A death blow would be dealt
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-16
Major "Chain" Features

ION1GA1.
-Fieischmann's Sunshine
hour; Molly Picon and
Rudy Vallee and his or
chestra-WRC and N. B.
G. network.
9:O0-Van Heusen program; or
chestra and soloists--
WMAL and c. B. s. net
work.
S:30-Maxwell hour; Rollick-
ers Quartet and willard
Robinson's Ensemble -
WIZ, WBAL, WHAM,
KDKA, WSM and others.
9:30--Detective Story hour;
dramatization WMAL
and C. B. s. network.
10:00-R. c. A.-Victor hour;
musical program, WRC
and N. B. c.. network.
10:30-Republican radio rally;
Secretary of Labor Davis
---WMAL and coast-to-
coast c. B. s. network.
:30-Lloyd Huntley's Orches-
ira; dance music-WRC
and N. B. c, network.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-16

interest n programs educational and
cultural IA character.
"A noted scholar has declared that II
q person devctes 10 minutes daily to
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-16

would become highly educated within
q few years." he stated. mo one can
estimate the beneficial effects on the
American people IL selected educational
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-16

lead 10 sectionalism and strife. More
and more candidates for once are turn
ing to the radio to bring the issues
sQuarely before the people"
(Copyrirht, 1880. blythe Consolidated Pross1
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-16
cRosEN DIVORCE ASKED
Wife Charges Clifton Station, va.
Man with Misconduct..

Absolute divorce is asked in 3 suit
fled by Mrs. Nola s. Crosen, 1903 Fiji
teenth street, against Charles A. Crosen,
Clifton Station, Va. They we're married
January 20, 1921, and separated May
10, 1925, the court is informed.
Misconduct Is alleged and a GORE
spondent named in the petition, filed
through Attorney William H, Collins.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-12
WARM SPELL. LOWERS
COAL DEMAND IN u. S,

Special Dispatch to The 3ta-.
NEW YORK, March 12.-Warm
weather over the greater part of Febru-
airy resulted in abrupt Slackening Of
business in the bituminous coal markets
of the United States, Coal Age reports.
Domestic demand was the hardest hit,
with some few markets reporting an al
most complete stoppage. Carried back
to the mines, this situation resulted in
material curtailments in production In
most Of the fields. Prices slumped
sharply along with the decrease in ac-
! tivity, falling considerably below the
general level in February Of last year.
February coal production is estimated
at 39,615.000 net tons, q decrease Of
l0,163, 900 tons from that Of January
and Of S,285 900 tons from February a
year ago. Coal Age index of spot btu
minous prices preliminary for Febru-
airy was 1461a, against 1891 for jan
uary. The corresponding weighted
average prices stood at $1.T7h last
! month and $1.86H in January.
Due to the high temperatures prevail
ing over much of last month, conditions
in the anthracite markets were dull.
Inactivity characterized business in the
domestic sizes, with consumers and deal
erS still manifesting q reluctance to lay
in stocks Chestnut, as in January and
the preceding months, was the favored
size and was scarce over the whole of
the month. Pea was the next size most
in demand.
Announcements by a number of the
leading operators that Winter prices
would be maintained until May /, in
stead Of ending on April /, failed to in.
terest the market or stimulate demand.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-12
UNITS IN STEEL TRADE
COVETED IN MERGER PLANS
Only Few Companies Remain in Ranks of
Observation-Disclosures
Firm One of Best

them, and may be In excess of 20 per
cent. Youngstown interests outside the
management group are understood to
control about 20 per cent. On the face
OF those figures the opposition could
muster total vote of approximately
40 per cent, for Youngstown people do
not want Fasteners to get their COM
pany.
TwO-Thirds Vote Needed.
Such an opposition vote would be
more than sufficient to defeat the pro-
posal, inasmuch as a two-thirds vote of
stockholders is required to ratify sale
of the property.
Victory for the Eaton group, now in
dictated, would probably mean eventual
absorption by the Republic Steel Cor
poration of the Youngstown Sheet 81
Tube Co. That would result in max
ing the Republic approximately as large
a steel organizatio as Bethlehem. with
a possibility that it eventually would
outstrip the latter through ABSORPTION
of the Gulf States Co.
The creation of huge steel COM
pany In the Mahoning Valley Is one
of the dreams of Cyrus s. Eaton, who
recently said that he emissions the State
Of Ohio adjacent area as a great in
land industrial empire with boundless
ore reserves to the north and unlimited
coal reserves to the south.
(Copyright, 1901
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-12
Public Utilities
BY GEORGE T. HUGHES.

It needs only q casual inspection Of
the stock table to discover that the
shares of the public utility corporations
sell on a lower yield basis than any
other group. In many instances the
return on these stocks at current divi-
dend rates and prevailing market prices
is lower than that to be had on high
grade bonds. This Is the condition
which obtained so conSpicuously in the
bull market of last Summer. and it has
been restored, in part at least, by the
recovery since the break.
The reasons for this preference shown
by investors to the stocks of the electric
light and power, of the gas and of the
telephone companies are not hard to
understand. This Is the one class OF
securities on which earnings show con-
tinuous increases, all the beneflt OF
which goes to the common stocks. The
return on the bonds and on the pre-
ferred stocks Is fixed, and the larger
margin of income accrueS to the CON-
mon, and to the common alone.
The first explanation, then, is the
steady upward trend in earnings. Sec
ond comes the profit to the shareholder
due to the raising of new capital in sc
large a degree by the offering of rights
either to subscribe to new stock or Il
convertible bonds. If these rights are
sold at the market, they increase the
dividend yield by that much, and Il
they are exercised they increase the
capital account
Figured in that way, the yield on
American Telephone & Telegraph stock
for instance, is comparatively generous
Third is the fact, whether realized OIL
not, that the public utilities will not
suffer from downward readjustment OF
commodity prices. They have no in
ventory problem to solve. They sell
services and not goods. Finally, We
have situation with regard to public
relations which compares favorably
with that in any other industry. It Is
these considerations which offset the
low yield on these stocks at the market
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-12
STEEL PRODUCTION
UNEVENLY DIVIDED
Ingot Output Declines in 49,
gregate, but Some Dis
trictS Show Gain.
BY the Associated Preas.


NEW YORK, March l2.-The steel
market presents q confusing picture
with business unevenly distributed geo.
graphically, and with demand for Diff
ferent finished products showing sharp
contrasts, Iron Age will say tomorrow
in its weekly review of the iron and
steel industry.
For the country as q whole" the re-
view points out, "ingot production has
declined from 70 to IS per cent of
(ratedD capacity. but specifications have
shown no further recession. At Chi
cago, on the other hand, output is
holding at 95 per cent and bookings
are the largest in five weeks. Produc-
ton at Birmingham also exceeds 90
per cent, with finishing departments
handicapped by the shortage of ingots.
steel makers with diversified pro-
duction are faring better than those
specializing in hat-rolled products. The
Steel Corporation average, although
down few points to slightly more than
80 per cent Of capacity, Is still con-
Siderably higher than the rate of manu-
facturers whose output is limited mainly
to light forms Of steel. This fact helps
explain the corporations gain of H.
038 tons in unified orders in Febru-
airy, in the face of high rate of opera
lions during that month.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-12
GOVERNMENT BALANCES
ARE AT LOW FIGURES
BY the Associated Press

BY the Associated Press.
Cash balances on hand of the Gov
eminent are now showing some Of the
lowest figures ever recorded in modern
times. The latest daily statement of the
Treasury, which gives conditions at the
end of the business day March 10, placed
the Governments cash balance on hand
at $4,478, 1882. Ordinarily any amount
on hand Of less than 100000, 900 is a
small balance for the Government to
carry.
However, the smaHness Of the present
cash balance is regarded as matter for
reorganization by the Governments
fiscal ofhcials rather than one to be de-
plored. The March is payment OF In
come taxes, the largest single source OF
Government revenue, is approaching
and the sn1allness of the balance on
hand as the date comes nearer Is evi-
dence Of the closeness with which the
Government is matching its income and
expenditures.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-12
NEW SECURITIES.

NEW YORK. March IL R.-New
security offerings today include:
American Commemorative Power
Corporation, $4,000. 900 per cent con-
vertible gold debentures, dated March
/, 1880, and to mature March /, 1910,
priced at 98.16 and accrued interest to
yield 6.25 per cent: offered by E. H.
Rollins g. Sons, Albert e. Pierce & Co.
and others
The Laclede Gas Light Co., $780,
600 first mortgage collateral and re-
funding 30-year Sc per cent gold
bonds, series 3D." due February /, 1860
and priced at 100 and interest; offered
by Halsey, Stuart & Co.
The Chicago, Milwaukee, st. Paul e.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-12
BY PRESTON $. KRECKER.

Special Dispatch to The Star.
NEW YORK, March 12.-Steel mer-
gers of the last few years gradually
have absorbed so many of the more
desirable independent units that COM
petition for those not yet snapped up
by the big fellows is becoming very
keen. That fact has been strikingly
proved by current developments In the
industry.
A few DAYS ago the Gulf States Steel
Co. became a bone of contention be-
tween opposing groups, one of which
aims TO merge it with the American
Rolling Mill Co., while the other is
equally determined that the Republic
Steel Corporation, recent creation OF
the Cleveland capitalists headed by
Cyrus S. Eaton, shall get 1t.
Now the Republic Steel group Is re-
vealed as competing with the Bethle-
hem Steel Corporation for the Youngs-
town Sheet 81 Tube Co., one OF the
most desirable of the independents still
at large. Apparently authentic reports
have it that the terms of merger with
the Bethlehem Steel Corporation al
ready have been approved by the heads
of the two companies and are to be
submitted to the respective full boards
Of directors on Wednesday.
Rely ON Stockholders.
If those boards approve the plan,
terms of a proposed exchange Of stock
will be announced, but indications to-
day were that the deal will never get
that far.
On the surface indications were that
the whole matter had been sewn up"
It is learned, however, that Republic
Steel interests, undismayed by the turn
Of events which threatens to rob them
of one of the units which they plan to
consolidate with their own company,
felt that stockholders will have the
last word in the matter and indicated
confidence in their ability to block a
Bethlehem deal. That would mean a
fight for proxies such as Otis & Co.,
the bankers for the Republic Steel Cor
poration. are now carrying on in the
Gulf States Steel Co.
AS in the case of the Gulf States
fight, the Cleveland financierS own a
large block of stock of the youngstown
Sheet g. Tube Co. through their control
OF the Cleveland Cliffs Corporation.
Just how much stock is thus under their
control has never been revealed, but 1t
Is known to be materially larger than
the is per cent popularity credited to
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-12
COPPER STOCKS INCREASE,

NEW YORK, March IL (P.-Stocks
of refined copper in North and South
America on March were 233, 123 tons,
an increase of 29,719 tons over the
amount recorded for February / and
comparing with 55,213 tons on March
l, 1929. according to the American Blu
reau of Metal Statistics. Total stocks
of refined and blister copper on March
were 497 ,912 tons, as against 473, 6l3
tons on February l and 1897 tons on
January /.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-12

Pacific Railroad, s4,260. 900 AZ per
cent equipment trust certificates, series
1894, 900 annuaily from March 1, 1881,
to March /, 1915 inclusive, and priced
to yield $50 to ASS per cent. according
to maturity: offered by the Interna-
tional Manhattan Co. and Solomon
Brothers 81 Hutzler.
The Autocar Co., $1,071 400 per
cent cumulative 500 par preferred
stock, priced at par and accrued divi-
dend offered by Prince & Whitley and
others.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-12
FOX FILES INJUNCTION
SUIT IN STOCK TRUST
Nv the Associated Press

BY the Associated Press.
NEW YORK, March PA suit for
an injunction to restrain John E. Otter
son and H. L. Stuart from voting stock
holdings in Fox Film g. Fox Theaters
Corporation which he deposited with
them under a trust agreement last De-
cember was begun in United States
District Court yesterday by william
Fox.
The suit is similar to the State SUI
preme Court action decided last We'd
nesday, the day of the stockholders
Mr.. Stuart. In that action Justice
Aaron ]. Levy held that the trustee
ship was valid by law and that the stock
was being held in escrow by the Bank
ers' Trust Co. He denied the petition
of Fox to be named sole owner of the
stock.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-12
BUILDING CONTRACTS.

NEW YORK, March IL (P-Build-
ing and engineering work contracted for
in the 81 States East of the Rocky
Mountains during the week ending
March amounted to STA, 06S, 700, F. w.
Dodge Corporation reports. This COM
pareS with $133, &c., 500 for contracts let
in the preceding week, which was an
unusually heavy construction week. The
total for the corresponding week of last
year was 500, 445, 500. Contracts awarded
since the first of the year total STA
096, 900, daily average rate of about 18
per cent below the rate Of activity dur
ing the same period of 1929.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-12
NEW COMPANY FORMED.

NEW YORK, March IL P).-The
First Detroit Co. has been formed by
the Detroit Co. and the First National
Co. to take over active operation of the
bond departments of the Detroit & Sc
curity Trust Co., its affiliate, the De-
troit Co., and the First National Co.
The new company will become the in
vestment unit of the Detroit Bank
erS Co
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-12
OIL PRICES ADVANCED

NEW YORK, March IL R.-The
Standard Oil Co. of California has adj
vanced the price of crude oil IS cents a
barrel for the higher gravity oil. The
prices for lower gravity also have been
advanced, the 14-degree gravity oil be-
ing increased cents a barrel
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-12

Since the beginning Of the prohibi-
ton era the q. s. Coast Guard has
become the sixth largest navy Of the
world
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-12

about our easy payment plan. Come in at
your first opportunity. We will be open
evenings until ten o'clock every dav Of
the demonstration.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-12
TREASURY BALANCE.

BY the Associated Press.
Treasury receipts for March 10 were
$9,516, 283.95; expenditures, $14,836,-
994.67: balance, STATS, 1892.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-12

cooking expert will prepare and serve
unusual salads and delicious frozen des.
sertS during the entire period of the dem
onstration. We have also arranged to
distribute two souvenir recipe books
both filed with new and different recipes
you'll want to try.
Will you be our guesta