davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-23
STOCKS ENCOUNTER
FURTHER SELLING
Weakness of Van SWerinuen
Issues Proves UnSettIing
Market Factor.


WALL STREET, New York, october
23.-The stock market had another
severe test today, after 1t had opened
strong and appeared to be moving
away from the influences affecting it fol-
weeks.
Early in the second hour Of trading
pronounced weakness developed in al
of the securities in the so-called Var
Sweringen group. This was led by AL
leghany Corporation common stock
which was offered in volume at de-
cline of 3 points from its previous low
level established yesterday. The most
unsettling incident, however, was the
break of 10 points in the curb market
in the Van Sweringen 6 per cent notes,
Other Declines.
Associated with these declines were
those in Chesapeake Corporation, Nickel
Plate common, Erie and Pere Mar
quette, which fell from II to 5 points
and touched bottom figures for the year
Chesapeake & Ohio was relatively
steadier and in limited supply but \
also dropped to within a fraction Of
its old low.
In view Of this market situation
which has been one of those that Wal
Street has been giving considerable at
tention to lately, the action of the gen.
eral list was encouraging. Obviously
it could not move against conditions sc
unfavorable as those that developed ir
this particular railroad group, but II
did show remarkable resistance under
the circumstances. Had it been tech
nically unsound, 1t is not unlikely that
it would have experienced another
severe reaction.
Stocks advanced steadily in quiet
trading during the early part of the
session. The opening showed frac-
tional gains all round and these were
later increased. Sales in the first half
hour totaled 298,800 shares against
443, 800 in the same period Wednesday
Money again renewed at per cent.
The improvement was attributed To
an oversold condition rather than to
the bullish speeches at the Chicago
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-23

conference Of industrial executives.
United States Steel vas unchanged
at the start but climbed two points by
small fractions between sales. Most
1ndustrials had advances. including
American Can, up 8; Eastman Kodak,
up Ia; General Electric, up ~;
Westinghouse, up 8; Johns Evansville,
up 2, and Radio, up 70. Mine shares
continued weak, however.
Rails improved, despite some new and
discouraging earnings reports, notably
that OF st. Louis and San Francisco
showing nine months earnings at sass
per share, against 1925 for the like
1929 period. Utilities like Columbia
Gas and American Telephone gained
point or more. So cid the motor shares,
LED by General Motors and Auburn
Auto. Oils were quiet.
List Withstands Selling.
Considerable confidence was expressed
In the market at the opening on ac-
count OF the higher quality of the buy
ing wednesday afternoon and the eX-
pressions Of faith in the business future
OF the country made at the con-
ference now being held In Chicago
Such stocks as Allied Chemical, Aneri-
can, Can, Eastman Kodak, Westing-
house, General Electric and United
States Steel among the industrials
showed early gains of / Il to 5 points.
The popular public utilities were l to
212 points over the previous closing
There were recoveries of to 2 points
IN the investment rails and a sitter
tone to the oil and copper issues.
While a considerable portion of these
advances were lost later on, and West
inghouse Electric dropped to new low
price, there was no pressure on the &C
tive industrial and public utility shares.
This demonstration of the ability of
the market to withstand a serious dis
turbance in one section of it unnerved
the bear element, which began to cover
and quickly ran prices up. Around mid
day United States Steel common sold at
a net gain of nearly points. West
inghouse, General Electric. Public Serv-
ice of New Jersey, American Telephone
& Telegraph, Atchison, General Motors,
and American Can we're astonishingly
strong. 1t is not unlikely that buying
orders were sent into the market In
order to offset the effect of the poor ex-
hibit being made at the time in the
Van Sweringen issues.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-23
Candy Business Is Improving.

During September 435 manufacturing
wholesale and retail candy concerns had
sales of $50, 634, 173, an increase of 47.2
per cent over August sales and 141
per cent below sales in September, 1929,
Commerce Department reports.
Sales by 391 wholesale manufactures
amounted to $26,804,212, an increase of
46.6 per cent over August, but a de-
Der year ago.
Sales by 80 manufacturing retailers
were $1,517,726, a decrease of % per
cent under August and 23 per cent un-
der September, 1929
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-23
NEW YORK STOCK EXCHANGE
wire Direct The


wire Direct to The Star once.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-23

Note-An stocks sold in one hundred-share lots
excepting those designated by the letter (80s (250s)
which shows those stocks to be sold in odd lots only
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-23

Made Rubber Exchange Head.

John L. Julian. a partner in the
Stock Exchange firm of Fenner g.
Beane, has been elected president Of
the Rubber Exchange of New York,
to succeed F. r. Henderson, who has
been president of the exchange since
its organization In 1925.
William A. Oyerton, who Is with
George H McFadden g. Bros, was
elected vice president and d. Chester
Cuppia of E. A. Pierce g. Coz was re-
elected treasurer
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-25
Quilts Denote Wives.

SAN FRANCISCO R.-Husbands
in the Solomon Islands group wear
quilts in their ears to mark the number
of wives they possess.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-25
REPORT COLLEGE
DEBT REDUCED
Takoma Park Institution
Shows Gain Of $22,O77.s9,
Directors Are Told.

The Indebtedness of the Washington
Missionary College in Takoma Park has
recently been reduced from $1l9,255.22
to $50, 489. 13 and the institution showed
a net gain Of $22,07799 in its operation
for the fiscal year just passed, Presi-
dent II. H. Hamilton announced today
at the biennial session Of the board of
directors.
Enrolment In the missionary coll
lege is the largest in the history of the
institution, there being 323 students.
The daily cost Of operating the school
was $579, the report states, while the
daily income was $612.
"In the woodwork department 46
young men were employed and during
the year they manufactured 10000
ironing boards, besides clothes racks,
house trim and built-in cabinets" the
report continued.
President Hamilton recommended
that the building known as College
Hall be utilized for academic work en-
tirely and that the print shop, which
occupies the basement floor, be placed
in separate building large enough to
have manual training woodwork shop
in its basement. Gifts IF several thou
sand dollars already have been prom
ised toward paying for such a struc-
ture.
The Washington Sanitarium and
Hospital, maintained at Takoma Park,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-25
Will Rogers
Says:

BEVERLY HILLS, Calf, February
25.-Mr. Hoover not only fed the
Republican Senator's and Represent
tatives yesterday morning, but along
with their ham and eggs they re-
ceived the following iron In their
food: You Republicans want to get
it out of your heads that you are in
here for life. The country is slowly
getting on to you. After Novem-
Der can easily take half a dozen
leafs out of this breakfast table.
Now, go back to your Office and
have your stenographer compile
you list of ex-Senators and Rep
resentatives who are still living.
You would be surprised good, "g-e-n-
t-l-e-m-e-nl" Yours, WILL.
P. S.-Poor little wind-toSsed Ma
bel Normand died. She has given
the world much laughter. and
strangers and friends much financial
aid. I hope no one writes of her;
only the ones that had met and
known her. Her last press notices
would all be beautiful.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-25

contributed $4,000 from its earnings
to aid In the promotion of medical work
in foreign lands. @. @. Pulver. general
manager of the institution, told its
board Of directors last night that q
portion of this amount was sent TO a
sister institution In Manila, another
portion to help in the erection or q new
diSpensary in India and other portions
we're sent to Bolivia and Abyssinia.
A report was given by Miss Esther
Bergman concerning the work that is
being done for the promotion of health
work in the churches and In private
homes in and around washington.
Reports we're also made by Drs. A,
w. Truman, medical superintendent,
and d. H. Kress, reurologist: Mrs. z.
T. James, superintendent Of nurses,
and Rev. ]. L. Shaw, chairman Of the
board Of directors.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-25
UTILITY FINANCING
PROBE IS LAUNCHED
Electric Bond & Share Co.
and Relations With Ameri-
can Gas Are Gone Into.

BY the Associated Press.
The Federal Trade Commission was
told by one of its accountants today,
that the American Gas & Electric Co.,
whose financial affairs ar under exami-
nation in the commissions investiga-
ton of utility financing, was formed by
the Electric Bond g. Share Co.
Although he said books of the Ameri-
can Gas did not disclose this, Frank
Buckingham, commission accountant,
testified that the records of the Bond
g. Share showed that company in 1906
held a $25. 900 option for the purchase
OF the Electric Co. of America. Terms
of the option required that new COM
pany be formed for the transaction
Buckingham said that the American
Gas was created in 1907, with the assets
of the Electric Co. of America On its
books.
First Subject of Inquiry.
The relation of American Gas with
its 10 principal subsidiaries and with
the other powerful utility groups, has
been made the first subject OF inquiry
by the commission, in its long delayed
investigation of holding companies and
pOWSI uLllby
The Federal Trade Commission, at its
first hearing yesterday into utility
financing, began an examination of an
intricate system of control of electric
utility operating companies through
voting stock ownership and interlock-
ing directorateS.
Economists who have been examining
the financial structure of power COM
panieS virtually ever since the commits
sion's investigation was ordered by the
Senate two years ago began presenta-
ton of an analysis of the affairs of the
American Gas & Electric Co.
Testify on Voting Stock.
All of the voting stock of these con-
Germs they testified. was held or con-
trolled by the management corporation.
In addition, majority of the directors
and officers of each subsidiary was said
to be composed of either employees or
officers of the American Co.
In addition, the analysis presented
showed that a large block of the Amer
lean Gas voting stock was held by the
Electric Bond & Share Co. and officers
or companies allied with it and that
several of its officers and directors held
similar posts with the group of COM
panies under Bond & Share control.
Although the 10 separate operating
utilities function as independent COM
panies, it was testified that their every
official act was taken with the approval
and under the supervision of the hold
ing company and that all but two of
them actually were linked by system
of interconnected lines built about a.
backbone" high-power transmission
line extending from st. Joseph, Mich,
to Kingsport, Tenn, and the North
Carolina State line.
Several of the subsidiary companies,
it was testified, were organized actively
for interstate transmission of power,
while others were engaged in it through
sale of allied companies or to concerns
controlled by other utility groups, no
tably the Bond & Share Co. and the
insult group.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-25
Next Cruising With the Coast Guar
in Delaware Bay.)
Trapped Miners Rescued.

WATH UPON DEARNE, Yorkshire
England, February IS [P).-All those
trapped in the shafts of the Wath main
colliery after an explosion and fire yes
terday have been brought to the sur
face. Groups of miners and relatives
waited all night in the snow at the
mouth of the mine as the groups came
from below.
Three miners were killed and seven
injured in the explosion.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-25
RAIL AND BUS SERVICE
COMBINATION PLANNED
Passengers to Ride in Motor
Coaches During Day and Use
Pullmans at Night.

BY the Associated Press.
PHILADELPHIA, February 25.-The
Pennsylvania Railroad Co. announced
yesterday that in cooperation and CO.
ordination with the Greyhound Corpor-
alton the operation of combined rail-
bus service between New York and Chi
cago and st. Louis and between Phil
adelphia and Chicago and st. Louis
will be inaugurated April /.
In addition to the points named, this
service will be available between all
intermediate points.
The feature of this joint through
service, it was announced, will be that
long distance travellers will have the
privilege of motor coach travel during
the daylight hours, with Pullman car
service for the night portions of the
journey.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-25
OUTGOING STEAMERS.
SAILING TODAY.

OUTGOING STEAMERS.
SAILING TODAY.
American Farmer-Plymouth, cherbourg and
MaraVslHTrinidad and Demarara.
statendam-West Indies cruise.
Jalapa-Batoum.
Udondo-Lisbon.
OBSERVATION-DISCLOSURES Coast.
SAILING TOMORROW.
Carma nia-Havana.
Fort st. Georee-Bermuda.
Hamburg - Cherbourg, Southampton ana
Hamburg.
NATURALIZATION, Cristobal. Cartasena,
Puerto Colombia and Santa Marta =.
Tachira-San Juan, La Guayra, puerto Ca
bello ard Maracaibo.
Favorita-Kingston.
Observation-Disclosures, Pernambuco, Rio de
Jsneiro, Santos, Montevideo ana Buenos
Einai Jarl-Maracaibo.
Harry Observation-Disclosures Coast.
SAILING THURSDAY, FEBRUARY At.
American Trader-Lcndon
President Garfield-World cruise.
Arcadian-Bermuda
Santa Teresa-Cristobal, Callao and valpa-
Berlin southampton, Boulogne and Bremen
Coamo-San Juan and santo Domingo.
Laurentic-Mediterrane cruise.
Minneeua-Helsin
Clan kenneth-Buenos Aires.
SAILING FRIDAY, FEBRUARY %.
Munargo-Nassau
Western Prince-Rio de Janeiro, Santos,
Montevideo and Buenos Aires.
Astrea-cape Haiti, Port de Paix, Gonaives
and st Marc.
Western World-Bermuda.
SAILING SATURDAY, MARCH !.
Aquitania-Cherbours and Southampton.
Caronia-Havana.
| Andania-Cobh and Liverpool
| Alaunia--Plymouth, Havre and London.
| Observation-Disclosures and st. Johns.
Bermuda-Bermuda.
Conte Biancamano-Gibraltar. Naples and
Genoa.
Venezuela-Puerto Colombia, Cartagena,
Cristobal and San Francisco.
| United States-Christiansand, Oslo and
Copenhagen.
| Ponce-San Juan.
/ Clus--Havana, Cristobal and Port Linon.
| Carrtllo-Santtago, KINGSTON, Puerto Cas-
! tilla, Tela and Puerto Barrios.
! Orizaba-Havana
| Havana-Hayana. Progreso and Vera Cruz.
| Western Wave-St. Thomas.
| Macabi-Puerto Colombia.
| Nieuw Observation-Disclosures Boulogne and
| Rotterdam.
| Ceiba-Kingston.
SAILING MONDAY, MARCH 3.
! Jefferson Norfolk.
SAILING TUESDAY. MARCH 4.
NEUTRALITY-SUSPICIOUS. and cristobal.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-25
The War With S1nugglers
Coast Guards Board Patrol Boat for Rough Trip
off Coast in Search of Illicit
CdrgoeS.

This is the second Of series of
four articles on activities Of the
United States Coast Guard. BY spe-
cial permission of Rear Admiral F.
C. Billiard, commanding the service,
a North American Newspaper Xiii
ance reporter and photographer
spent several days with the land, sea
and air forces of this branch Of the
Government,
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-06-12

rect his effort In supporting one OF
the candidates?
For a swan-song, consider Gov.
Moody's statement OF ~abdicating
his candidacy for reelection:
MY only interest Is the good
OF my state and to see a continual
ton OF q well-ordered and efficient
administration Of public affairs in
this state. with properly-thinking
and properly-acting people hold
ing office.
The special interests seeking
privileged and favored position
struggle for the control OF our gov
eminent as never before.
The employment OF some of
the members Of our legislature by
the special interests is an evidence
of their purpose and Is one Of the
means they adopt to accomplish
their ends.
They are able to defeat pro-
gressive legislation and to place
Of our people and unjust and an un-
upon the backs OF the toiling masses
fair proportion OF the burdens OF
the government. In this situation
the democratic party needs to be
reunited as the exponent Of good
government and the guardian OF
the peoples cause"
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-06-12

passed on by the court, and that
the committee was clearly within
its legal right in excluding Mr.. Love
after Loves voluntary appearances
and outspoken avowal Of present in
tention not to support possible
nominees Of the party.
But Moody Is out.
The biggest question In the state
campaign right now Is:
Whom will Moody support
That will be answered within q
few days. and when 1t is answered,
the decision is to flow into action
in support of the election Of some
Of the candidates. someone who will
be an exponent Of clean, honest. eff
ficient government. a government
by morally responsible people.
Moody's statement with respect
to Mr.. Sterling, whose entry into
the race prevented Moody from an
nouncing 10 days ago. said:
Il have many loyal friends In
Texas with whom I would not want
to contest for another term in the
governors office, and the chairman
of the highway commission happens
to be one of them. He has an
nounced as a candidate for COVER
nor. I am due him nothing but
friendship and gratitude for a pub
lie service well performed. and ]
am his friend. II seems. however,
that it is proper. both for him and
for me. since he holds appointment
under me, that I say in this connec-
ton that he has not been brought
into the campaign by me or as an
administration candidate. but SO
far as I am concerned. and so far as
he or the administration is con-
cerned. he runs on his own initiative
and merit"
That's what the governor said
Friends of Sterling were not per-
turbed. They did not regard the
statement as hostile, but only as
making clear there was no concert
in Sterling's getting in and Moody:
getting out.
VIII it be significant in Moody:
turn to the place where he will di'
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-06-12

AUSTIN, June u - A ease Of
might have been"
Two Ifs decided the makeup Of
the governors race. They probab-
ly decided who will be the next gov
ernor- and who wouldn't be the
next governor, with all the long train
OF unforeseen consequences, public
and personal. that these involve.
If-Tom Loves name had been
left off the ticket Monday when he
defied the state committee TO leave
it off. Dan Moody would now be in
the race.
If-R. S. Sterling highway bond
exponent. had not jumped into the
governors race, Dan Moody would
now be in ii.
The state committee got up to the
point Of a vote on the exclusion OF
Love, on his own declaration that
his present intention was to bolt
certain candidates If they became
nominees. Had that vote been tax
en-, Mr.. Loves name would have
been left off the ticket. If it hac
been taken, Dan Mcody's name
would have stayed on the ticket.
First consequence Of that woulc
have been what Mr.. Love wanted
He wanted an independent race
| against the democratic nominee
He has been b~ulldogging the demo
cratic party all the year 10 throw
him out. He and others regarded
his best dhance as having beer
outside the party. And expediency
plus widespread confusion and un-
certainty among the state commit
tee members e what the Love
court decision meant. put him or
the ticket.
Gov. Moody is a lawyer. 1t is NJ
secret that he considers the set O
facts In Mondays meeting was ar
entirely different one from that
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-06-12

the afternoon while they enjoyed
a number Of games
ENTERTAINS
CLUB
Friday afternoon. Mrs. H. z. Tom
me was hostess to the Little Bridge
club ut her home on Wet Kimbau
Avenue.
The guests present were Mrs. Z
T.. Bull, Mrs. Z. II. Buie, Mrs. Abe
Wise and Mrs. A. J. Schubert who
received the guest high score prize,
a box Of handkerchiefs. Mrs. c. G,
Conley received the club high score
prize. a vase.
Refreshments were served at the
close Of the afternoon.
Mrs. G. G. Conley will entertain
the club next week.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-06-12
Valley Society
Telephone z
Telephone z

Saskatchewan. Canada, where she
will spend the summer at her home
there.
Mr.. ans Mrs. G. T. Tompson and
son Of Snyder, Oklahoma, arrived IN
Donna Sunday. They will make
their home here.
Mrs. r. D. Dicks and children
were visitors in Harlingen Friday.
The firemen Of Donna who left
Sunday night to attend the annual
state firemen convention in San
Angelo were Fire Chief Jesse G.
Norwood Albert Mckinney. Ernest
Barrett, Ed Self, and Ray Haas.
Mrs. Robert Wood arrived in
Donna Monday from Cleveland.
Ohio.
Mr.. and Mrs. P. T. Townsend left
Monday for Montreal. Canada,
where they will spend three months
They will stop in Ohio for two
weeks visiting relatives.
Paul Hansen was a business
visitor in Edinburg Saturday.
I. @. Semenionk left Tuesday for
California where he will spend a
month.
Alex Freise Of Cuero was a visitor
at the home of his neice, Mrs. Jesse
G. Norwood, Tuesday.
A. c. Hart arrived n Donna We'd
nesday from Georgetown, where he
has been attending the University.
Earl Snow who has been attend
ing Texas University arrived in
Donna Sunday to spend the summer
here.
B. M. Sullivan Of Weslaco was a
business visitor in Donna Monday.
Joe Blackwell Of Mission was a
visitor in Donna Thursday.
Jessie Mae Park returned We'd
nesday from San Antonio where
she has been the past month visit
ing her brother, ORION Park.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-06-12
Lutherans to Build
Two New Missions

WACO. June i2-CP-The state
board Of missions and church ex-
tension of the Lutheran church of
Texas, Missouri synod, appointed
new men In mission fields in Texas
and several pastors for new churches
at a meeting here yesterday.
Pastors appointed to begin work
with the Texas churches this fall
were: Rev. 7. Borneman. Columbus,
Neb, TO st. Johns mission church.
Galveston: Rev. g. Lueckens. Cleve-
land, Ohio, to La Pryor church: Rev.
z. Rathgaeber. Wichita Falls. to a
new church at Corpus Christi: Rev.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-06-12
City Visitors
Registered

From College Station-Mrs. NJ. N.
Williamson.
Dalhart.-Mrs. Clara Z. Suter.
Marlin.-Miss Marjorie Rogers.
Corpus Christi.-Mr. and Mrs.
J. X. Kelly. Miss Connie Fitz Sim
mons, Msis Jamie Matter, Miss
Leona WitherSpoon, Imogene Blunt
ger and Miss Pearl Mdore.
From Amarillo.-Mrs. T. Z. Cor
don. +. Y. Gaber, Gertrude Far
raner. Miss aCtherine Metcrof, Cleo
Bradley, Almira Richardson, Mrs.
John A. Stalcup.
Port Arthur.-W. q. FOULS.
Waco.-Mrs. Louis Crow. Miss
Gladys Allen. Miss Mamie Schiper,
Miss Maud Daniels.
San Antonio.-Mrs. CelextZ Coyle.
Houston.-Mr. and Mrs. w. 0.
Hill.
Fort Worth.-Miss nellie Spear
Giagia Morr, Miss Mary Jane Hig-
gins, Miss Ernice Kyser, Miss
Gladys Medium.
Shamrock.-Miss Nell Adams.
Temple.-Mrs. w. r. Bolding.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-06-12

Andres Lelendez. or Porto Rico, 20 IA
new Corpus Christi Mexican mission
field. A
Teachers for church academies tn
Texas also were appointed.
New chapels for mission work YER
ordered built at Plainyiew and Lub-
book.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-06-12
TOURNEY OPENS
Especial to The Herald.)

HARLINGEN. June t2-An all
day tournament was to be held at
the Harrington Midget Golf course
Thursday under the auspices Of the
Lions club for the benefit of the
Salvation Army. Eight prizes. all
donated by Harrington merchants.
will be awarded the low scorers of
the contest.