davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-02
BOND PR|CESF|
ON LIGHT TRADING
High-Grade Issues Continue
Steady-RaiI Group in
Demand.
BY F. H. RICHARDSON.

Special Dispatch to The Star.
NEW YORK, August Bonds were
quiet with strength in high-grade issues
today. The characteristic of the cur
rent investment demand-the difficulty
of supplying prime issues to satisfy in
quiries for them-continued to force
these descriptions to new highs.
Over a period of weeks the gain in
the prime group is wide, though the
daily appreciation is so narrow as not
to be noticeable much of the time. But
the fact cannot be ignored that bonds
like Atchison general As, Canadian Pa
cific As, Pennsylvania AIS, Southern
Pacific AIS, American Telephone 51as,
Standard of New York 41as, Standard
of New Jersey SIS, DeQuesne Light AIS,
Utah Power & Light SIS and New York
Telephone 412s are all selling at their
best prices since 1928.
United States Government bonds also
continued to hover near their best
prices in two years, though trading was
quiet.
Volume today was a little more than
half that of Friday. The usual Satur-
day Stagnancy was aggravated by the
approach Of the August bank holiday
Ill EIlSldllu, tIluo III yAlB uP Vic GiLASlloAA
demand in this market. Money rates
were unchanged.
ConvertibleS were dull and featureless
with the stock market. Warner Pic
lures IS advanced 11a points, while the
complementary stock was dropping.
However, since the bond carries a 6
per cent coupon, and the price at which
the stock warrants can be exercised is
away out of line at SITS. when the stock
is selling around $50, the stocks move
ments for the moment have ceased to
have a direct effect on the bonds.
Junior rails were irregular and gave
evidence of again being played by spec
ulative operators. 1t was only the COM
paratively poor bonds, which in the past
have shown wide fluctuations, that
gained, such as Chicago Great Western
As, St. Paul adjustments, International
Great Northern adjustments and Sea-
board Air Line IS. Better grade junior
rails sagged, like st. Paul SIS, Rock
Island AIS, Erie general lien As and
refunding IS and Southern Railway As.
Industrials pursued an indeterminate
course. Chile Copper SIS, United States
Rubber SIS, American Sugar Refining IS
and Anglo Chilean Nitrate rs showed
firmness. while Certainteed SIS, Hud-
son Coal SIS, Goodyear IS, Phillips Pc
troleum 5As. Pan-American Petroleum
IS, Sicily Oil 512s and Shell Union SIS
sold off.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-02
ADVANCE IN BONDS
is NOW FORECAST
Former Depression History Held to
Show Good Upswing Within
Next Year.
Special Dispatch to The star.

Special Dispatch to The Star.
NEW YORK, August 1.-THE bond
market is now at the time Of year when
the decisive turn came In the depres-
sions of 1921 and 1924, West & Co.
point out in a review of the investment
markets. THE current recession so
far most resembles 1921" the bankers
say. While bond prices advanced Il
per cent from July 20, 1920, to Septem-
Der, 1922. over 81 per cent Of this gain
was accomplished in the Is months
from June, 1921, to September, 1922
On this theory we are now entering an.
other period of advancing bond prices
with the most substantial increases oc-
curing within the next year. &
Statistics reveal that in every Pc
riod following depression when blsi-4
ness actually touched bottom and COM
modify prices became stable, bond,
prices steadily advanced for about a
year. With commodity prices at the
lowest level since 1914, and an abund-a
ance of funds available for investment,
1t would appear that the present time,
presents the most advantageous period
since 1921 to purchase bonds. Not.
only are bonds selling on an attrac-'
tive income basis, but offer an unusual
opportunity for steady enhancement
in price at more than a normal rate
within comparatively short time"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-02
BY J. C. ROYLE.

The trend of business, according to
many we'll informed authorities, Is
likely to be upward from this time on.
The actual volume of business has
shown a comparatively small improve
ment during the week, but the attitude
of business men has improved mate
rally.
No little of this feeling is to be
traced to the statement Of the finance
committee Of the United States Steel
Corporation, which declared that indi-
cations in the industry pointed to an
increase in operations throughout the
remainder of the third and fourth
quarters of the year.
Steel as Barometer.
The steel industry is the galvanom-
eter which measures the slightest
change in volume of direction of bust
ness in this country. Only a few lines
of endeavor are not connected with the
steel industry in some way or are not
affected by that industry. Conse-
quently this optimistic statement on
the part of hard-headed and conserva-
tive financiers thoroughly familiar with
the steel industry carries great weight
with business men in general.
More and more observers are ex-
pressing the belief that the present
business depression is psychological
rather than a natural one. Gov. En-
merson of Illinois declares America Is
on the verge of an upturn in business
and that the arrival of this upturn Is
entirely dependent on the reversal of
the mental attitude of the people. He
adds that there is Just as much buying
power as there was six months ago. but
it is not now being exercised. Otto
H. Kahn has expressed similar Senti-
ments, warning the business men of
the Nation against both greed and fear.
The automobile industry is feeling
this attitude of uncertainty on the
part of the buyer, but replacement de-
mand is being maintained at pace
which assures fairly steady production
for the remainder of the year, even II
sales to new customers do not increase.
petroleum industry. Production from
the less profitable properties under
these mergers is being restricted and
costs are being materially reduced.
Daily crude Oil production is falling
slowly but surely. Coal mining has
shown some betterment, due largely to
the increased use of mining machinery
rather than to expansion of markets,
although the drought has resulted Ia
more extensive operation of steam
generated electrical plants.
Textile Industry.
Textile mills have found nothing to
frighten them in the announcement
of the new styles from Paris this week.
They anticipate that requirements for
fabrics will be fully as large as those
of last year. Sales of non-ferrous
metals are dull and sporadic efforts to
assist the silver market and advance
quotations for the white metal have
proved Of little avail so far.
The farm situation is still dependent
on the weather and not sufficient
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-02
Baltimore Markets

Special Dispatch to The Star.
BALTIMORE. Md, August 2.-Poul-
try, alive-Chickens Springers, pound,
20a24; old hens, %; old ROSTERS, IA
ducks, 12a16; pigeons, pair, %.
EggS-Receipts, LOO cases; nearby
f1rSts, %; Southern firsts, 20.
Butter-Good to fancy creamery,
pound, 34a39; ladies. PASS; rolls, 24a
rs; process, 3Oas1; store packed, 2oa21.
a
Vegetable Prices.
Potatoes, white, 100 pounds, 100a ,
$50; new, barrel, 1.25a1 so; beans,
hamper, 50a1 40; beets, 100, 2.00a3. 90;
cabbage, basket, 75a125; carrots, 100
pounds, 3.00a4.00; celery, crate, 2.00a'
ESQ; corn, dozen, Sa30; cucumbers
hamper. 40a65; lima beans, bushel, 75a''
I 90; lettuce, crate, 25a75; onions,
bushel, 50a75; peppers, hamper, 65a75;
peas. bushel, 1.75a2.50; squash, hamper; .
35a50; tomatoes, crate, hamper, 25a75;
bushel 35a50; blackberries, quart, la
20; cantaloupes, hamper, 75a1.10;
quart, 15a20; peaches,
bushel, 1.75a2.75; watermelons, 1o0,o
Is. 00a30.00.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-02
FORECAST OF BETTER BUSINESS
LSMADE BY MANY AUTHORITIES
Actual Volume Has Shown Little Improve
ment Recently, but Attitude of Trade
Experts Is Optimistic.

moisture has fallen in many localities
to place the crops out Of danger. This
Is especially so in the case Of corn.
The so-called luxury buying Is show
ing signs of picking up. At least the
fur manufacturers are buying raw pelts
in satisfactory quantities and paying
prices which are fairly satisfactory to
the sellers. Radio manufacturers are
increasing their output and are making
preparations for a tremendous last
quarter volume of sales. In nearly
every instance the amusement business
will do excellently considering the time
of year and the extremely hot weather
Many observers believe there would
have been a decided pickup in busi-
ness this week had it not been for the
continued hot spells, which discouraged
shopping excursions and delayed pur-
chaseS. These purchases, however,
have only been delayed and not aban-
doned.
tCopyright 1901
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-02
COMMODITY PRICE
DROP IS CONTINUED
No Rapid Recovery Seen, but
Changes Are Small Dur
ing Week.
BY H. N. McGILL.

Editor McGill Commodity Service.
AUBURNDALE, Mass, August (P.-
Price changes during the past week were
merely repetition of the sagging trend
so pronounced in recent months. All
commodities in the course of three years
have declined rs per cent. A check-up
on is individual groups last week shows
that eight are lower, five remain I'M
changed and two moderately higher.
Little change was noted in the rate
of industrial activity, although the
closing week of July did not register a
sharp decrease, as was the case earlier
in the month. Major industries, such
as automobile, building, iron and steel,
are marking time, patiently waiting for
an upturn in industrial activity. It Is
the opinion of practically every eco
nomic bureau that business will expert
ence favorable seasonal upturn dur
ing the closing months of this year.
There Is also a general agreement that
the stage Is not set for rapid recovery
nor any sign of a boom.
All Commodity Prices.
All commodity prices again broke into
new low ground. The lower price level
was caused by a further slump in such
groups as industrial commodities, live
stock, hides and leather, textiles and
vegetable oils.
Industrial Commodity Prices.
Prices of industrial commodities were
lower despite slight f1rming-up in the
non-ferrous metal group. The fact re-
mains that while stocks of finished
goods are limited supplies of raw ma
terialS continue sharply over average
Agricultural Prices.
One of the two groups to advance
were agricultural. July established new
records for heat waves in the West. De-
terioration took place in leading groups.
August l production estimates will be
revised downward. This will help ma
terially to realign more healthy rela-
tlonsh1p between supply and demand.
Non-FerrouS Metals.
Non-ferrous metals recorded the first
advance in several months. This was
due to a moderate firming up In zinc,
anthony and tin. Other products re-
main close to the lows recently estab-
lished.
Textile Prices,
Both coarse and fine textile prices
were lower. Cotton last week estab-
nshed new low. Coarse fibers in par
ticular are weak, particularly hemp and
sisal.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-02
WEEKLY BANK CLEARINGs.

Bank clearings continue to be
swamped by the extremely heavy rec
ords of last year. The total this week
at leading cities in the United States.
as reported to Dun's Review of So
a. .779. 900 is 2S.4 per cent below that
of a year ago. At New York City
clearings of $6,255 ,000,0 600 are 31.2 per
cent under last years, while the aggre-
gate AT leading centers outside of New
York of s2,756,779. 900 is 21.1 per cent
less. There Is little of encouragement
in this weeks figures. The heavy de-
cline at New York and at some OF the
other large centers, reflect conditions
in the financial markets; in fact, the
entire report is very largely influenced
by the change this year in that respect.
Somewhat lower commodity prices also
reduce this years figures.
Clearings for the week, as reported
20 r. G. Dun & Co., and average daily
bank clearings for the last three months
are compared herewith:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-02
NEW TOWEL SUPPLY co.

VIRGINIA BEACH, Va, August
2 (P.-Laundry owners of Maryland,
District of Columbia and Virginia,
meeting here, organized the Jefferson
Linen & Towel Supply Corporation, a
million dollar company, to en-
gage in the linen and towel supply
business on a national scale. The fol-
lowing were elected officers:
President, William H. Clarke, Wash
ington; vice presidents, o. l.. Roach,
Danville; r. L. Branner, Richmond;
c. w. Cooper, Baltimore; secretary
treasurer, j. r. Hutchinson, Rich
mond
Members of the board of directors
elected were: A. w. Field, Baltimore;
Herbert j. Gerst, Norfolk; F. w. Mac
kenzie, Washington; Webb Minor, Char
lottesville; r. E. Viacent, Washington,
D. c.; G. B. Goodsell, Boston.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-02
CANADIAN GIRL TO WE'D
SCOTS GUARDS OFFICER
For Third Time in Three Years
Aide to Governor General Picks
Dominion Bride.


By the Associated Press.
OTTAWA, Ontario, August a.-For the
third time in three years an aide-de-
camp ut Rideau Hall, residence of Can
ada's Governor General, has won the
heart Of a Canadian girl.
The engagement Is announced of
Helen, daughter of MIR. and Mrs.
Guthrie, to Capt. Victor Blundell of the
Scots Guards. Capt. Blundell came to
Canada last February as aide -de camp
to Viscount wilmington.
Margot Fleming of Ottawa married
Viscount Hardinge in February, 1928,
and Elizabeth Lawson's marriage to
Capt. Derek Murphy took place the
next March. Both came from London
as aides at the Canadian White
House"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-02
EGG MEN PLAN COOP
TO AID POULTRY TRADE
BY the Associated Press.

SEATTLE, August Faced with q
veritable deluge Of powdered eggs in
tn first six months Of 1880, Washing
ton egg producers have proposed a ma
tional cooperative.
The cooperative would unite all egg
ard poultry associations in the United
States in opposition to Oriental pow
dered eggs.
Hopes for tariff relief were blasted
by the Smoot- Hawley bill. said officials
Of the Washington Cooperative Poultry
and Egg Association.
The new act raised duties on shell
and frozen products, 'Nut did not affect
powdered or dried eggs, which, they
said, constitute the greatest menace to
the industry.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-02
WHITE MOTOR co.

NEW YORK, August 2 Especially -
Directors Of the White Motor Co. Of
Cleveland In a meeting held here re-
ported net earnings Of the company
for the first six months ended June
80 of $1,048, 900, equal to $1.31 a share
on 100000 shares of common stock,
against 81, 404, 900 for the same period
last year. The earnings are approx
mately $500 in excess of the regu-
lar dividend requirements for the
period. The directors also declared the
regular quarterly dividend of so cents
share, which was doubled from IS
cents late last year, payable Septem-
Der 80 to stock of record at the close
OF business September IL, 1880.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-02
KANSANS MAKE PROFIT "
ON WHEAT AT 65 CENTS,

BY the Associated Press.
SMITH CENTER, Kans., August a.
Two lawyers who harvested their first
crop this year refute the contention
that wheat can't be grown prof1tably for
less than 81 bushel.
Arthur and Theodore Relihan have
marketed 2,641 bushels of wheat from.
154 acres. They received IS cents a
bushel, total of $1,716.
Their cash outlay for seed, planting,
harvesting and hauling amounted to an
even $500, making their profits exceed
$1,000. -
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-02
BANK CLEARINGS.

NEW YORK, August Especially -
New York bank clearings today, $1,471,-
000, 900; year ago, 81, $40, 000,0 900. New
York bank balances today, $3.50, 1000, 900;
Federal Reserve credit balances today,
$158, 100000; year ago, $l62 ,000, 900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-02
GERMAN DEMOCRATS
TO AID SECOND PARTY
Political Faction Is Reported to Be
Planning Dissolution at
Autumn Session.
Nv the Associated Press.

BY the Associated PreSs.
BERLIN, August "A committee OF
the Democratic party has voted 300 to
TO place the Democratic party's entire
organization at the disposal of the new
Commonwealth party" In the coming
national election.
The move was made following upon
a report of the impending dissolution
of the Democratic party which, it was
said last night, was not expected to
take place before the Democratic con-
Vention In the Autumn.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-02
REICHSRAT O.K.'S TAX
ON DEBTORS TO U. S.
New Levy of IS Per Cent Plus rs
Interest Variable as Restitu-
ton of Property Occurs.

AhICACSL dS 1GGSL1Lu-
ton of Property Occurs.
BY the Associated Press.
BERLIN, August 1.-The Reichsrat
has approved an order of the gov
eminent empowering the Reich to
impose upon German debtors to the
United States an annual tax of Is
per cent of their individual debts, plus
rs per cent interest. Germany, &C.
cording to the decision of the German
American Mixed Commission, is OBJ
ligated to pay the United States 40
100000 marks year from 1880 to
1881, in satisfaction of claims.
The new levy can be wholly or partly
rescinded or increased under conditions
favorable for the debtor as restitution
is made of his property from the United
States.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-02
CHICAGO STOCK MARKET
BY the Associated Press.

By the Associated Press.
CHICAGO, August 2.-Following Is
the complete oficial list Of transactions
in stocks on the Chicago Stock Elk
change today:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-02
Most important price changes:

Three hundred plants In South Africa
are producing coaches and wagons.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-02

Stock sales today, 45,100 shares.
BONDS.
$1,000 insult IS 20. .:..;:-.. 1925 1929 1919
$4,000 Northwest Ell 5s al. 1914 e6H 1874
Bond sales today, $4,000
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-01-24
Beauty Hints for the Convalescent

Nour1shing real not only can be
but should be used on the face and
hands instead or olive OIL. After
cleansing the face and hands. mas
sage q liberal amount Of nourishinE
cream over the skin. let n remain
on for q few minutes then remove
the ~ cream with soft cleans
ing tissues. The little cream that re.
mains on the skin win keep It smooth
and soft and viii eliminate that dry.
parched sensation that usually il &C
cepted as part or Illness.
A skin tonic proves stimulating to
ones whole being at such a time
because Il 10 only refreshes but
stimulates circulation and has e cool,
soothing effect that - highly bene-
fetal. At such times avoid skin
tonics hat have a high percentage
or alcohol II even slight fever at
tends the Illness because alcohol Is
drying 70 the skin and SO is fever.
That is why | suggest an olive oil
rub following an alcohol sponge bath
when fever is present. The alcohol
is cooling and soothing and tends to
allay the fever1sh condition and so
should be used However. unless the
Illness Is serious enough to make
tamperfng with doctors orders in
advisable. the olive oil will not in
terfere with the desired action OF the
alcohol and will counteract It's dry.
ing tendency on the outer layer OF
the skin
Brushing win aid materially in
keeping the hair alive and glossy,
thus eliminating the dullness that
usually accompanies even slight in
disposition.
Liberal amounts OF cuticle oint-
ment or nourishing cream should be
maSsaged around the nails TO keep
them from getting dry and TO pre-
vent the cu1cle from becoming
ragged
Follow these suggestions and you
will come through your convalescence
minus that weary. frayed appearance.
And don't get sick just because |
have told you how 70 be q lovely.
charming invalid!
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-01-24

explain 10 aim hal Master Frost seI
dom bothered about entering q houy
through the door.
Walking over 70 de tn-soldieE
who was standing sentinel Ia "A
nursery. they asked him
"He was here. but I shot him witt
my musket." he replied fiercely. "He
had six legs. wings and a sharp
singer"
They shook their heads. THAT
must have been a mosquito they
said as they drew near the rubber.
plant which seemed 70 be motIonInS
them with is leaves.
III saw him. ii said He tried 20
bite my leaves but < chased him
off"
Chased him. Knarf couldn't heir
exclaImtng. How could YOU chase
him2 You're only a plant"
Never mind" said Hand quickly
TO the plant Where did you chase
him tor"
IL chased him down the han and
into the kitchen. and there 7 saw hin
dart into the ice-bon Just a. IL wa
becoming light"
He must Do there nowr- the
shadows cried. And without thank
ing the rubber-pkHnt whose leavet
had almost become frost-bitten, they
dashed into the kitchen. Instantly
making themselves small (which
shadows nj readily dol they squeezed
themselves sideways n the ice-box-
Extraordinary to relate, there in
the middle Of the cake or Ice, they
distinctly made out a small figure
which without a doubt waS lack
Frost himself.
CT0mOrrow-Jack Frost ~lIImseif.1
cogyrtxhL 1850. Newspaper Featurs Serviea. Lac
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-01-24
Loves Reawakening I III: s.s', of ., ; WIFE.
Harins CnIoaded the ReUoIUer, Despite the Certainty OF
Dieky's Wrath When He Discovered Ia, Madge
Calmly Proceeds tcith Her Plans.
BY Adele Garrison.

KKTHEN the cartridges from
NV Dickys service revolver at
w last were In my hand and
the weapon. impotent to
hzrm-or-to pToteCt-lay before ne
on my husbands writing desk, I
found myself trembling as II | had
lust cOnclus.vely distanced some
murderous thing pursuing me.
Tor o few seconds | stood motion
less. forcing myself to calmness. that
] might consider the possible conse-
quenccs OF ny action. so at variance
with all my ideals. and yet so neces.
atated by my fears for Junior, and
Dicky's refusal 70 unload his re.
volver before locking ii away.
That DIcky would be ~furiously an
IFry when he found out what I had
done. | knew. but l also knew that
he could not be more contemptuous
OF what he would term my sneak
ness" than | was myself But my
premonltion that something evil
would come OF n revolver left loaded
IN the house with two restless and
energetic small boys was so obsess-
Ing a thing as to armor ne against
either my own contempt or my hus-
bands.
when would Dicky find out the
trick had played upon him? ] hoped
that u would remain my secret until
after the holidays had passed and
the Harrison boys were safely back
in their Detroit home. But my com
mon n told me that unless Dicky
were unusually ahsent-minded. he
would discover what had happened
when he transferred the revolver
from the writing desk to the secret
wall safe which he was planning 10
equip with a lock.
But. I told myself comforting1y. At
least / had a days respite from
worry. for Dicky could do nothing
about the lock until he had returned
from the hunting trip with his tive
older nephews So I r%esolutely shut
out all thoughts Of any day save the
present one and locked the revolver
away again In the place where Dicky
had left IL. The cartridges | kept.
with tho grim reflection that hang
ing for a sheep involved no more