davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-13
RECOVERY IN SILVER
DEPENDS ON TRADE
White Metal Expected to Advance
With Revival in World
Business.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, January 13.-The price
of bar silver here yesterday was 297a
cents an ounce, up 3 cent, while in
London 1t was Is l5-16d up 1-16d, con-
tinuing the recovery that set in at
the week end. Wall Street. however,
in view of comments on last years
silver market, both here and abroad
as well as remarks about the proposed
international silver loan. is not in
clined to expect any marked upturn in
the price of the white metal.
Gables from London indicated the
market there was virtually void of sup
port and that silver would decline
further. its fall being checked only by
lessened output and revival of world
trade. Paris did not regard the fall
of silver as important in the present
financial situation. Shanghai cables
stated that China was cold to the pro-
posed plan for a silver loan aid, Finance
Minister Soong being quoted as say
ing that: "If China should accept
such a loan, China in effect would be
paying for losses incurred by American
silver interests"
A recovery in silver can be expected
with a world trade revival and the
Far East will increase its use of silver
when business and internal conditions
there improve, according to the annual
review of Handy & Hartman.
Copyright, 1917
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-13

A further reflection of last years
higher business death rate appears in
the percentage of insolvencies to firms
and individuals engaged in commercial
pursuits. The ratio rose sharply from
I.O4 in 1929 to 121 in 1880, the latter
percentage being unequaled back to
1915. In that year. the ratio was 1.32;
it has been above l per cent in each
year since 1924. In the four years
1920, the figure was well under l
per cent, with the low level reached in
1919. at 038 per cent.
Supplementing the detailed record
of commercial failures by States, table
has been compiled showing the per-
centage changes by geographical sec
tions. These data reflect the country
wide rise in the business mortality, al
though in the Central West the numer-
ical increase was trifling. Both the
South Atlantic and the Pacific Coast
sections also made relatively favorable
comparisons, defaults in these groups
comparing quite closely with those of
1929 Elsewhere, however, the number
of insolvencies was appreciably larger
in every instance, particularly in the
Central East, the South Central division,
the Middle Atlantic States and in the
Western section.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-13
HIGH commercial
MORTALITY SHOWN
Dun'S Report Gives Extent of
Failures During the
Last Year.

NEW YORK, January 13.-An ac-
centuation Of the unusually high COM
mercial mortality in the United States
during December was not unexpected,
for even in settled times the closing
month of year invariably is marked
by an upturn in the insolvency totals.
Exclusive of banks, failures in the
United States last year, as reported to
r. G. Dun e. Co, numbered 26,355,
comparing with 22,109 in 1929, and
the liabilities were 1858 283 ,842, as
against $483 $50, 1876 in the earlier year
Thus. the numerical increase was 3,446
defaults, or $50 per cent, and the rise
in the indebtedness was about $185,-
100000, or 1873 per cent. Those per-
centages show that. the expansion in
the liabilities was especially marked,
the amount being swelled by an unusual
number of large insolvencies. Even the
previous maximum of Indebtedness,
which was represented by the $627,-
400, 900 of 1921, was more than $40,000.-
600 below last years aggregate, while
the former record number of failures
the 23,842 of 1928-was fully $500
under the 1880 figure. At $25, 1857, how
ever. the liabilities per default for 1880
were exceeded in several preceding
years, notably by the $50, 230 of 1920.
The failure report compiled by r.
G.. Dun g. Co. is compared below, COW
ering a period of 16 years:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-13
NEW SECURITIES

NEW YORK, January 10 (P).-New
securities offered today include:
International Match Corporation, $50
600 600 lO-year 5 per cent convertible
gold debentures, priced at SO and ac-
crued interest, to yield over SIC per
cent, by group headed by Lee, Hig-
ginson { CO.
Puget Sound Power & Light Co. So
600 900 one-year AZ per cent secured
notes. priced at 1894, to yield AIS per
cent, by syndicate headed by Stone g.
Webster & Blodget. Inc.
Tennessee Electric Power Co, ST.
100000 first and refunding mortgage 5
per cent bonds, due 1856. priced at 80
and interest to yield over sos per cent,
by Bonbright g. Co.
Texas Power a Light Co, $4,000,00
first and refunding mortgage per cent
bonds due 1856. priced at 80 and in
terest and yielding about 5.07 per cent
by a syndicate headed by Harris, Forbes
g. Co.
Pacific Gas & Electric Co., SIS 900 600
first and refunding mortgage Az per
cent bonds, series +, due 1860, priced at
SO and interest, by a syndicate headed
by the National City Co.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-13
Mitchell Expects
Constructive Era
In Stock Trading
Special Dispatch to The star.

NEW YORK, January 13.-The re-
marks of Charles E. Mitchell to the
stockholders of the National City Bank
today were read with much interest for
the analysis which Mr.. Mitchell made
of the causes of the depression and his
views on the outlook.
1t was noted that he was not quite
so concrete as either Paul M. Warburg
or Albert w. Wiggin on the subject OF
future conditions and that his only
comment on the securities market was
contained in the following sentences:
"A new state of mind also will be de-
veoped, more sane and constructive
than that which ruled in the boom
period. This attitude is likely to be re-
fected in the bond and security mar
kets even before the industrial recov-
cry is perceptibly under way"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-13
REPORT OF CONDITION
OF THE
Washington Mechanics
Savings Bank

OF washington, in the District OF Columbia
at the close OF business on December 81, 1880
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-13
.. 5. TREASURY BALANcE.

The United States Treasury balance,
announced today as of close OF business
january 10. was 1929, 1872, 1888 90. Gus
toms receipts for the month to date
were So sos, 1891 Total ordinary ex-
nenditures, Sl4 $50, 479.l7.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-13
NEW YORK STOCK EXCHANGE
Received by Prvatw Wire Dhect The star
1Prev.l9so4
Stock ana


Wire Direct to The Star Office.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-13

Continued on Page I'D
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-13

Note-An stocks sold in one hundred-share lots
excepting those designated by the letter (80s) (250s),
which shows those stocks sold in odd lots
sales compiled noon-compete In $50 Edition
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-09-28

and District Attorney d. 8. Puri 70
verify hts statement he was In san
Antonio 1t the time Steinbach o.
legedly vas slain near Corpus
Proves AIlbt
Hill pleaded not guilty v-1en ar
raigned today before Justice OF the
Peace B. O.. Moffett. waived pre-
liminary hearing and was remand
ed to Jail without bond Application
for writ OF habeas corpus imme-
diately was filed before Judge Holt.
The court asked Sheriff Lee TO
explain the nature Of charges
against Hill and. Lee flid there
were no charges, that they had
been withdrawn and Judge Holt
ordered Hill released from custody.
Sheriff Lee explained that Hill
had proved an abb In Temple and
San Antonio en- route to Corpus
Christi and that all concerned be-
lieved him innocent OF the murder
charge.
v. Don Carlos of Corpus Christi.
roommate OF Steinbach for several
months prior to hts death. still
was held in jail here on q murder
charge. He was wearing the youths
shoes when taken into custody.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-09-28
HOOVER TALKS
VETPROBLEMS

LURAY, Va, Sept. %. R-ack
Frost and Pres. Hoover had IN in
formal meeting today on . country
road.
Before most Americans more than
suspect that winter Is around the
corner. 1t has made heavy clothing
comfortable a. the mountain-se-
cluded presidential lodge near here.
Today, the SUI had barely peeped
above the mountain tops when the
chief executives calvacade wound
down the mountain road toward the
White House.
Mr.. Hoover turned toward the
capital with fresh knowledge Of pro-
blems which confront his admin
istration. Yesterday Hanford Mac
Nider. American minister to Cam
ada, joined the presidential guests,
Both MacNider and Col. Theodore
Roosevelt, governor Of Porto Rico,
were among those who fought with
Pres. Hoover at the American Le-
gion convention last week against
further cash demands by World war
veterans.
Speculation that veterans legisla-
ton was discussed over the weekend
was given further credence by the
presence OF Gov. Brucker OF Michi-
gan who also backed the presidents
stand before the legion convention
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-09-28
BANDIT RAIDS
SAID FAXED

MEXICO CITY. Sept. 28.-P-
Governor Ortiz of Chihuahua last
night characterized purported dep
relations Of Mexican bandits IN
the Maria. Tex. section as a man.
euver OF Maria business men TO
prevent transfer C. American troops
in compliance with war depart
ment orders.
Ortiz was quoted by the news
paper Excelsior al saying tie Maria
Chamber of Commerce recently
suggested he request American
authorities to retain troops at
Maria because their presence was
beneficial 10 ,mmerce in towns
on the Mexican side Of the border.
He said he r used an6 later
Maria business men and ranchers
appealed TO the American war
department to retain troops in that
area as a protection against al
legged activities Of Mexican BAN
dts.
The governor also denied bandits
we're active in Chihuahua.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-09-28
Robbery In Berger
Yields Large Sum

BORGER. Sept. 28-tAs- The
Berger State bank was robbed OF
approximately $4,000 last night by
two men who kidnapped Roland
Rugeley, teller, Jnd forced him to
open the safe.
The robbers trailed Rugeley and
another teller. j. B. Castle. and
two girls out on a lonely road. They
tied Castle and the two girls hand
and foot and then returned to the
bank with Rugeley.
After footing the safe the robbers
returned Rugeley to where his COM
panions were held. tied him, ana
escaped. Rugeley managed to work
loose from his bonds and notify
officers shortly after midnight.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-09-28

to enact measures for financial and
unemployment relief.
Opponents OF the administration
In the past have indicated approval
of a harmonious session provided
the governor presents his program
and then leaves the legislators
alone. The call, issued yesterday
predated, was without the pledge
which the governor had demanded
as q guard against investigations
or impeachment proceedings
Reduce Acreage
Measures outlined in the call
were: cotton acreage reduction
similar to that adopted by Texas;
clearing the state treasury deficit
OF 81, 900. 900; revamping the legis-
lation authorizing sale Z $4,000 900
of state bonds to pay bank guar
anty certificates, a hard surface
road bond issue; reduction In state,
counties and municipalities operat-
ing expenses; relief for sale Of
property under delinquent tax
sales and mortgage foreclosures and
other tax relief measures.
Unless something Is done at
once said the governors procla-
nation, "over half the homes IN
Mississippi will be sold for taxes
and there will be a bread line by
the first OF the year in every town
in Mississippi with no n to fur
nish the bread. -"
Many Special Session
The present session viii be this
administrations third extra session
and fifth legislative session. The
regular session Of 1923 failed to en-
act a suitable revenue program.
Differences tied up the two branch
es and a special session the same
year failed to clarity the situation.
Another special session in 1929 and
the regular session of 1880 found
the knot drawn tighter. With the
administration majority In the
senate blocking house proposals
and the house downing senate OF
ferings, the assembly was dead
locked and neither revenue nor
highway construction measures
we're passed.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-09-28
WILLACY LEGION
POSTS ELECT

RAYMONDvILLE, Sept. 20. -
Saturday night the Auxiliary unit
Of the Meuse Argonne Post OF the
American Legion met In the Of
fices of the Retail Merchants as
ISOLATION and elected the following
officers: President, Mrs. I. B. Loe:
vice-president. Mrs. Cozy TONNE;
secretary, Mrs. W.. c. Gilbert:
treasurer, Mrs. George Commins;
chaplain, Mrs. w. ". Pittman;
sergeant-at-arms. Mrs. r. c. Green;
historian. Mrs. Claudine Phillips.
Tuesday the Lyford American
Legion Post will hold their install
lation meeting in the town hall
and the installation ceremonies
will be in charge OF ". Sabin. past
commander of the Raymondville
Legion Post. A large number Of
Raymondville L~egionnaires are
planning on attending this meet
ing I ogive the Lyford post a good
start. Thursday evening the LADIES
Of Lyford and Sebastian commun-
tiles will meet and organize an
auxiliary unit to the Lyford post.
Friday evening the Meuse Ar
gonne post of Raymondville viii
hold their installation services at
the court house. and II Is expected
that several past state officers will
be In attendance to assist with the
installation and the other cere-
monies at that time. The Raymond
vile post has a program already
worked out and 1t Is mainly for
the disabled veterans and their
dependents and as Judge Davis Z.
Decker has been elected service
officer for the year, much OF this
work will center around him and
the two other officers of the post
who have had considerable expe-
rience In this line Of work. The Of
fice-s to be installed at this meet
ing are commander. v. Sabin: vice.
commander. George Commins; fl
nance officer. II. Z. TONNE: SER
vice officer. Judge Davis <. Decker:
adjutant, I. B. Loe: historian j. d.
Starnes: sergeant-at-arms, I. II.
Thomas.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-09-28
Chinese MOB
OFFICIAL, ASK
LEAGUE TO ACT

NANKrNG. Sept. 2s-tR- For
eign Minister C. T. Wang was at
tackled and seriously injured today
by q mob or students who blamed
him for failing to induce the League
OF Nations to inter enc In the
Manchurian controversy between
China and Japan.
But for the Intervention OF q
group Of servants, DR.. Wang prob
ably would not lave escaped alive.
The mob. using clubs and inkpots,
rained blows on his head. smashed
windows and furniture and reduced
Wang's office to ~wreckage.
The foreign minister's clothing
was torn to shreds. His servants.
breaking into the office through a
rea- window. finally carried hi
away Al first he was re. orted
probably fatally injured but q later
examination disclosed he probably
would live.
President Chang Kai-Shek sent
q detachment OF his -ersonal body
guard to DR.. Wang's home to pro-
tect II against any attacks. The
guard was instructed to shoot to
kill II DR.. Wang was threatened
again.
The government announced that
despite the agitation against DR..
wang's foreign policy with which
Marking was seething. that course
would be continued.
The Chinese government appeal
ed to the League OF Natic-- short
" after the occupation By Jap
anese troops last week OF several
cities In southern Manchuria. JAP
an announced the occunation had
been n~ecessitated BY ATTEMPTS OF
the Chinese military to DESTROY a
bridge of the Japanese-operated
South Manchurian railway near
Mukden and BY threats against the
life and property OF Its nationals
elsewhere In Manchuria.
The Tokyo government discl m
ed any territorial designs upon
Manchuria and announced that
occupation troops would be with
drawn when the situation permit
ted.
DR.. wang Is 40 years old and a
graduate Of Yale University. hav-
ing won membership In the Phi
Beta Kappa. the scholastic fra
ternity. after receiving his bachelor
OF arts degree In 1910.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-09-28
City Briefs

Passengers leaving Monday BY
plane were B. II. Doble for Mexico
City and II. NJ. johnson for Girls
tobal. Canal Zone. Arriving in the
city Sunday from Mexico City by
plane was z. w. McVitty.
Mr.. and Mrs. q. r. X. Seller and
Mr.. and Mrs. NJ. S. Carreiro of
Dallas are spending several days in
the city.
George B. Simpson OF Corpus
Christi arrived in Brownsville sun
day.
RAYMOND H. williams OF Okla
homa City Is a local visitor.
Mr.. and Mrs. G. r. Chisholm Of
San Antonio are in the city. Other
San Antonio visitors are Mr. and
Mrs. II. v. Greer. M. B. Wilhort and
J.. B. McGrath.
L. Fuerst Of New York City ar
rived In Brownsville Sunday for a
brief visit.
Mr.. and s~rs. ". A. Corrigan OF
Houston are spending a short time
in Brownsville.
From wichita Falls. Kas.. are j.
NJ Washabaugh and Z. ". Mas
bacher.
Thomas D. Palmer OF Loui vile.
Kentucky Is In the city.
4 visitor from Springfield Is A.
r. Simmons. who arrived Sunday.
Mr.. and Mrs. z. s. Caldwell OF
Corpus Christi is in Brownsville.
Pre- inventory sale Of all paper.
One free room with every room
purchased. Frontier Lumber CO.
Adv.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-09-28
ALBIPROVEN
SAY OFFICERS
OF JOHN Hill
Former Valley Man
Wins Court Action
This Morning

CORPUS CHRISTI. Sept 28-tF
Murder charges against ohm A.
Hill. burglar Alarm salesman or
San Antonio and former Harrington
resident, in connection with the
Staying Of Alfred Steinbach. 20. OF
Cincinnati. were dropped here to-
day at q habeas corpus hearing be-
fore Judge Birge Holt.
The body Of Steintach. who was
slain last July. was found by q
cowboy several weeks ago In a brush
thicket near Corpus Christi
Hill admitted he came to Texas
with young Steinbach from Cincin-
natl In January. 1880. but denied
knowledge Of the killing. He was
arrested In Dallas. then was taken
to San Antonio by Sheriff Ben Lee
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-09-28

MISSION. Sept. % Funeral
services YER conducted for the
remains Of Julian Tenario. who
vas instantly killed about 1000 o.
clock Saturday morning on the
highway between Mission and Edin-
burg.
Young Tenario was on his way
to his home in that city when a
tire went flat and while In the
act of making repairs a negro in
the employ Of the South Texas Mo-
to- company driving a Chrysler at
a high rate of speed smashed into
the boy and the a } was repair
Inc. breaking his neck.
His wife who accompanied him
was not seriously hurt. but an IL
year-old boy was so seriously in
iured as to die early Sunny morn
ing.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-09-28
EXIT lose
lives over
| WEEKS END
Two Edinburg Men
Are Killed In Crash
Saturday Night

10y Inc Associated freSSD
Four Of eight violent deaths re-
ported In Texas yer the weekend
were listed as homicides.
The dead: Jesse Thompson, 80,
Of San Benito; Clarence williams.
80. OF Dalhart. s. p. Meshew, 48,
Of Elmdale; Mack Horn. about IS.
Of Cleburne: Ernest Donald Taber,
Jrs 6. OF Dayton: Junial Penoria.
~. Of Edinburg; Roberto Bali, 8,
Of Edinburg, and Miss Olive Drink
hard 10. OF Houston.
Thompson and Horn were shot
TO death Saturday. Cameron county
officers said they would file muir
der charges against a 15-year-old
Oklahoma City negro in connec-
ton with Thompson's death. Mrs.
May Derby, Horns former wife,
was charged with murder in con-
nection with his death.
Meshew was found hanging at
Elmsdale and Miss Drinkhard died
In . Houston hospital from effects
Of q poison. Coroners returned ver-
diets Of suicide in both cases.
Williams was struck and injured
fatally as he repaired a tire on
the highway near Dalhart. Penorio
and Bali struck by an auto
mobile as they repaired an auto
mobile near Edinburg. The negro
driver OF the other machine was
charged with negligent homicide.
The Taber boy was struck by an
automobile as he attempted to
cross the highway In front of his
home at Dayton.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-09-28
Mrs. Holiday Dies
In San Antonio

Mrs. Mary M. Holiday, longtime
resident of Brownsville, died in San
Antonio Sunday. according to word
received here by friends.
She had been In San Antonio for
the past ten months undergoing
treatments for an illness of long
duration.
Funeral services are to be held at
5 p. m. Tuesday, with the Eastern
Star in charge. Services will likely
be held from her home at 1906 West
Elizabeth. friends stated.
Funeral arrangements are being
conducted by Darling.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-09-28
GAS RATES TO
PROBED HERE
Valley League Plans To
Fight For Lower
Consumer Cost

tGRtIl44 W AA4& AA%A1AAE
EDINBURG, Sept pa probe
into utility rates charged in the
Valley will begin first with con-
sideration Of gas rates. Mayor d.
c. Abney, president OF the Valley
League of Municipalities stated
here this morning
Abney has just returned from q
meeting of the Texas league. ac-
companied by Mayor Sam Bolts OF
Harrington. and Mayor Ross Marcus
OF Mission. !.
Gas rates will be considered at
a meeting Of the Valley league to
be held in Harlingen on Oct. IS,
according to Abney, and steps will
be outlined then FOR the fight TO
be made for lower rates. Consid-
Grafton Of light. water and tele-
phone rates will follow the gas rate
fight. he said.
A public hearing on the gas rate
question held recently in McAllen
resulted in no action being taken
there. little opposition to the rates
as charged being expressed.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-09-28
Former Cop Goes
On Trial for Killing

WICHITA FALLS, SPIT. 28.-tRp-
Trial Of John Alsup, formo- Fort
Worth police officer charged with
murder was on the docket for call
in district court today.
Alsup "a charged in Tarrant
county last year in o~nnection with
the death OF two negroes In an
attempted robbery of the Poly
technic bank at Fort Worth.
A hung jury and an acquittal
were the results Of two trials on
n charge. On the second charge
trials at Fort Worth result / in a
hung jury and in a 25-year verdict
which later was reversed and re-
manded. The case was sent TO Wi
chita county IN a change OF venue.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-09-28
Fixing of Rates Is
Sought By Companies

AUSTIN. Sept. %. (R-Repre-
~sentatives Of Texas Pipe Line COM
panies went before the state raj
road commission today preliminary
to invoking a law passed by the
first called session OF the And legis-
lature directing that rates be fixed
according to valuations.
r. ID. Parker. chief supervisor Of
the oil and gas division. said the
meeting was not likely to develop
any testimony since II would 5e
necessary TO make arrangements to
complete considerable data on valua-
tiors before rate fixing could be
undertaken.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-09-28
BURNS ARE FATAL

CORSICANA, Sept. 20. Up @
Burton Haney. 10, employee OF a
Corsicana welding company. died
last night from burns and internal
injuries received Saturday when q
torch drum exploded. hurting him %
feet. Funeral services yer planned
for this afternoon.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-09-28
Bilbo Calls Solons
For Reduction Action

JACKSON. Miss, Sept. 2s-tR-
Governor Theo q. Bilbo. at odds
with the state legislature during
his administration hich ends in
January, has issued a final hour
call for q harmony. extraordinary
session to convene tr 1orrow noon
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-09-28
A BANS

ROME. Sept. %. R1-The ministry
Of finance decreed today futures
transactions will not be allowed un
less the security itself or one-fourth
its cash value Is deposited. TIE de-
cree Is designed to curb speculation.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-09-28
TOO LATE TO CLASSIFY

BROOM apartment, wa. lights
and gas. With garage, $500 per
month. 1873 Fronton St. $3.50