davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-24
TWO WEEKS LOSS
HALTED BY MARKET
Bonds Close Lower for
Period Despite Better
Prices for Rails.
By the Associated Press.

BY the Associated Press.
NEW YORK, May %. - The sorely
battered railroad securities responded to
strong tonic in the securities market
this week.
A fortnight-long decline in the stock
market was halted, but decisive re-
bound failed to develop. Bonds, with
the exce ption of the gilt-edged issues,
ended the week somewhat lower, al
though the recovery In the railroad
liens toward the close of the period i'm
parted a decidedly improved tone
Throughout the investment market.
The rail stocks, as measured by one
widely used price average, reached the
lowest general level since 1922. in an
extremely weak market on Monday, but
advance run1ors Of the Thursday meet
Ing OF Eastern executives to launch a
program for revision of freight rates
began to help the rail equities the next
Gay. and they accomplished substantial
recovery thereafter.
Level Little Changed.
The general level Of stock prices, as
measured by price averages, was little
changed after the sharp decline on Mon
day, as recoverieS in the rails tended
10 onset declines elsewhere, as a trickle
OF liquidation went forward in selected
issues during the entire week. The
price index Of 80 representative issues
ended the week with net loss of about
points, and only fraction above the
1our-year low recorded on Wednesday.
Trading dwindled to unusually small
proportions as the week drew to a close.
The aggressiyely cheap money policy
OF the Federal Reserve resulted in sub
stantial reductions in interest paid on
bank deposits Of various descriptions
The New York Clearing House at last
cut the rates which member banks NAV
pay on ordinary deposits from III to /
per cent. Various reductions in rates
paid on time and thrift or savings de-
posts were reported.
Sterling exchange rose to a new high
for the year. close to parity. The re-
ported London selling in the New York
Stock Market, however, failed to de-
velop into any financial difficulties in
London when the bi-monthly settle
ment day arrived on Thursday, and
nneasiness on that score vanished While
1t was confirmed in brokerage circles
that there had been liquidation in this
market by London, 1t was also reported
IN usually well informed circles that
British and Scottish investment trusts
were buyers around the low level. The
strength Of sterling seemed to reflect
the cheapeninz interest rates here as
much as anything.
Fear Conditions Abroad.
Wall Street was interested In the
annual meeting OF the Bank for Inter
national Settlements. and particularly
its rejection Of proposal for the ex-
tension Of large medium and long-term
credits to needy countries. A similar
plan was understood to have been pro-
posed by Gov. Norman Of the Bank
Of England during his recent visit to
America, but to have been rejected
here. Wall Street in the main still feels
that political conditions abroad are in
sufficiently stable for the extensive
granting Of long-term international
credits.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-24
HEAD OF MARYLAND BANKERS
IS VETERAN OF LONG EXPERIENCE
Webster Bell, Now SIS, Began
Career at Age of
10 Years.
Was Credited With Hating
Serious Baltimore Run
Last Fall.
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE, May 23.-Webster Bell,
who was elected president Of the Mary
land Bankers Association at the annual
meeting in Atlantic City Thursday, is
one Of the best known bank Presidents
in Baltimore, being president Of the
Park Bank, which was the fsHt bank
here 10 initiate Christmas saving funds.
Mr.. Bell, who is SIS years old, is a ma
tive Baltimorean and started his bank
ing career with the National Union
Bank when he was 19 years old, and re-
manned with the National Union until
he accepted the presidency OF the Park
Bank in, 1903.
Banks Expansion Rapid.
The Park Bank was started in 1901
with a capital and surplus of approx
mately 500, 900 and under Mr.. Bells
guidance has rapidly expanded, the
total resources as of December 81. last,
being S8,o39,229, with capital stock Of
100000 and surplus and undivided
profits of S69o,658.
Mr.. Bell has always taken an active
interest in national banking affairs.
Following the collapse of the Chesa-
peake Bank last December, while ru-
mors started two-day run on the Park
Bank. all depositors were given their
money as demanded, many Of them
walking out of one door and into an
other door of the bank where they re-
deposited the money they had just
drawn.
The credit for having stopped the
run is given to Mr.. Bell, who not only
posted a notice on the bank door that
all depositors would be paid in full on
proper Identification and on the first
day even went so far as to keep the
bank open for two hours after the legal
closing hour. In this way he restored
confidence in the bank and on the sec
ond day less than so depositors drew out
their money and approximately half of
them redeposited.
Other Officers Also Elected.
]. A. Walton, president Of the An
napolis Banking g. Trust Co., was elect
ed vice president. Other officers named
at the closing session of the bankers
annual convention were:
William Marriott, Baltimore, Western
National Bank, reelected treasurer;
James w. McElroy. Baltimore, First Ma
tional Bank, reelected secretary; mem
bers Of the Administrative Committee,
Tasker G.. LowndeS, j. H. Cunningham,
Irving T. Kepler, William S. Hill, w. b.
Cooper. William s. Gordy, jr.. and l.. s..
Zimmerman.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-24
DEMAND BALANCE RATE
CUT TO IL OF / PCT.
BY the Associated Press.

BY the Associated Press.
NEW YORK, May 23.-The Informal
Committee of Bankers regulating in
tsrest paid on foreign deposits has re-
duced the rate on demand balances
from to one-half Of i per cent.
The new rate does not apply to the
balances of foreign central banks or of
foreign governments. The same COM
mittee on May Is reduced the rate on
foreign time deposits from 2 to III
per cent. The new demand rate is the
same as that paid on domestic demand
deposits by member banks of the New
York Clearing House which was estab-
lished on May 10.
The low interest rate at once diverted
attention to sterling which rose to
$4.86 Gle for cables, a new high for
1881. indicating the transfer of some
funds to London. At that figure the
quotation is only slightly below the par
value Of $4.s665.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-24
EATON AND ASSOCIATES
FILE ANSWERS TO SUITS
By the Associated Press.

By the Associated Press.
CLEVELAND. May 23.-Cyrus s.
Eaton. Otis g. Co., and Continental
SHARES, Inc, filed answers here today
asking dismissal Of several suits which
charged they had engineered stock
transactions Improbable TO Continental,
and which asked restitution.
Plaintiffs in the suits were Charles
s. Wachner and Sigmund Korach.
minority stockholders, and Paramount
Coal {, Coke Co.
In the answers, Eaton also denied
that he had directed Continentaps
acceptance of the deal, and his denial
vas echoed in the answer by Otis &
Co.
Otis & Co. further said concerning
one action involving approximately
100000 that Continental paid only
what was due and owing" and suffered
no loss.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-24
BUILDING ASSOCIATION
PREPARES TO EXPAND

The Perpetual Building Association
has acquired the four-story brick build
ing immediately west Of its location at
the northwest corner of Eleventh and
e streets northwest to permit expan-
sion of its present office.
The building will be torn down and
on its site officials Of the building asso-
citation expect to erect stone addition
as high as and conforming architec-
turally to their existing stately office
building.
The property is Is by 100 feet in
dimensions and will afford the build
ing association Office an increase Of 40
per cent in floor space.
The association, assets of which are
now in excess Of SIS 900 900, is the
twelfth largest in the United States
Building 81 Loan League and the
seventeenth largest in the country,
organized in 1881.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-24
NEW DIRECTORS LIKELY
FOR MILLER CONTROL
Special Dispatch to The Star.

STAUNToN, Va, May 23-The an
nual meeting Of stockholders of the
Miller Train Control Corporation. called
for May u. at the home oface of the
company here, is expected to be of more
than usual interest.
According 10 statement made TODAY
by Vice President H. B. Miller. ii is
expected that number Of changes will
be made in the personnel of the board
Of directors and officers.
1t was also pointed out that the ONCE
Of president had been vacant since the
death OF j. N. CARRIER, last March, and
a prominent Washington man would
likely be elected b this position.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-24
GRAINS DROP BELOW
LOWEST FOR SEASON
Better Weather Forecast and Slow
Foreign Demand Send
Prices Down.
Rv the Associated Press.

CHICAGO, May 23.-Grains and
provisions alike today dropped TO be-
low the seasons previous bottom level
Anxiety about frost damage to Win
ter wheat Southwest faded away to a
large extent The outlook was for i'm
proved moisture supplies in the Spring
wheat belt Northwest Export demand
for North American wheat was almost
at halt. July wheat and July and
September corn outdid their 1881 low
price records, with lard also at a new
low for the season.
Wheat closed irregular. 13za1N lower
to Il higher; corn, 1ha134 down; oats,
1aa3s of. and provisions at IL to 20
cents setback
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-24
NET SHOWS GAIN.

NEW YORK, May % Especially -
Eastern Shore Public Service Co., OPP
Grating subsidiary of Seaboard Public
Service Co., reports gross revenues of
81 49,, 999 for the IL months ended
March 81 compared Sits. 4S3 for
the same period year age. Net earn
ings, before depreciation. amounted to
sT79,346 compared to $71e,353 and net
income was $426, l49, compared 70 $780,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-24
NEW YORK cLEARING HOUSE.

NEW YORK, May % Pl-The
weekly statement of the New York
Clearing House shows:
Total surplus and undivided profits,
81, 247, $4,000, unchanged; total net
demand deposits (average), $5e,578,-
900 increase; time deposits (average),
$40, 899, 900 decrease. Clearings week
ending today, $5,o16,5O7 $50. Clear
tngs week ended May 16, $6,ol3.225,474.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-24
EXTRA OMITTED.

Atlantic Coast Line Railroad has
omitted the usual extra dividend OF
$3.50 on the common stock due at this
time. The regular semi-annual divi-
dend of $3.50 on the common has been
declared, payable July 10, to stock of
record June IL.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-24
DIVIDENDS DECLARED.

General Electric Co. has declared
the regular quarterly dividends Of 40
cents on common stock and is cents
on special stock, both payable July IS
to stock Of record June IS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-24
CORPORATION EARNINGS.

NEW YORK, May % PIPER share
earnings of corporations reporting this
week. with comparisons with last year,
include.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-02-08

Gen. 5medley u. Butler OF the marines is a gall
liant fighter, a man Of high personal integrity, fasci-
mating writer and q most eloquent speaker. He has
one a~ffliction. the tongue OF a parrot" He dearly
loves the music Of his own voice. On leave Of abb
sence he visited Philadelphia. his native city. He. was
invited to address a number Of his distinguished fellow
citizens. He accepted with alacrity. He said some
thing nasty. or repeated something nasty, relative TO
the inhunanity Of MussoIini, dictator Of all the Ro-
mans. Mussolini demanded an apology. Secy. Slim
son Of the department Of state shot the apology by
wire from the Potomac river to the Tiber. Then the
secretary Of war suspended the general from active
duty and ordered q courtmartial.
Some men are so touchy. But wherever the par
rot tongue works II gets its worker into a heap Of
trouble. Cornelius Vanderbilt is said to be respon-
sible for the story told Of the Italian dictator. Wen,
Cornelius has q parrot tongue. He has been getting
himself IN trouble for 20 years. But just think Of the
publicity he Is getting In connection with the gallant
American general and the uncrowned king Of all the
Romans. This would be a dull old world II parrot
tongued men didn't bob up at intervals to remind
their fellows that life Is q Joke when II isn't a tragedy,
and that Henry Ford was right when he said that a
lot Of stuff that passes as history Is mere bunk.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-02-08
Mai. Petsch in the Picture

Rep Petsch OF the Gillespie district Is In the pic
ture. He i the idol OF the Hill country and ever on
the firing line. lie has q resolution pending calling
for data on taxes paid to the state by certain public
service corporations together with valuation figures
based In assessing their property. State Comptroller
Sheppard i asked to furnish the same. Lines OF
business covered BY the resolution are railroads, ex-
press companies. pipeline companies, telegraph and
telephone corporations. gas companies and the power
and light companies.
MAJ. Petsch asserts that no summary or total taxes
levied and collected on public utilities has ever been
made and that "the house has no authoritative basis
for comparing the tax burden on public utility prop
erty with other property in the state" He backs up
his demands by declaring 1T Is only by such COTE
parison that equality and justice in taxation can be
determined" There are surface signs that the And
legislature promises to be a history maker. OF course
surface signs have been known to disappear just as
the mist disappears on a morning in springtime.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-02-08

At n public dance Martin Forbes.
newspaper man. cuts in on Rhoda
whites dance with MAJ Lewis.
whom Martin instinctively dislIkes.
He ~overhears a conversation be-
tween Lewis and a woman which
he realizes concerns RhodA Sensing
q newspaper story he tells Rhoda
OF a blind adj inquiring the where
abouts OF "Rhoda Mcfarland" which.
he ~ convinced, Is the girls real
name. She denies II. bat it's true.
After her mothers death she had
been happy with her father I'm Cali
fcrnia- where he wSa d professor.
until misfortune came. Associated
with the blow waa m uncle. Will
liam Royce. The father brings
RhodA 20 Chicago. where ne - an
gagged In mysterious work Rhoda
becomes q s~tenographer. The pro-
lessor dies suddenly. vainly trying
20 give her q message about pa
pers" I'm n trunk. RhodA takes an
apartment with a fellow-worker.
Babe" Jennings. Martin learns that
tho blind ad' advertiser IL G.. j.
Forster. uncle OF Lewis. Rhoda ad-
mits 70 Martin that her real name
Is Mcfarland. A mysterious claire
Cleveland" asks Rhoda for an In
terview. She ask Rhoda for n pa
per belonging to her tina was in
the professors possession. Rhoda
promises 70 look for IL Claire re-
knowledge OF the trick that
wrecked Netherlands life. The trunk
Is stolen. she accuses Claire OF
stealing e.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-02-08

Boy Scouts Of America are 10 celebrate the 2lst
birthday OF the organization beginning today. Chief
Scout Executive James Z. West reminds the Ameri-
can public that there is an unusual appeal to the
Imagination OF boys and the friends Of the o~rganiza-
tion in this coming celebration. First, because scout
ing has become a part Of America in a vital way.
Second, because Its marvellous record and widespread
influence have been achieved because Of the inteli-
gent and active cooperation Of so many different
people. Third. because almost without exception those
who have been leaders in America in the last n years
have contributed In some way to its success.
A summary Of its 20 years Of history shows that
up 70 Dec. 81, 1880, there have been 4.276,337 different
boys enrolled as scouts. More remarkable still is the
fact that 964,ss2 men had been registered for volun-
teer service In the q years. What a wonderful
tribute TO the manhood Of America is the short and
snappy paen Of praise given to the movement by one
who has watched its growth for the 81 years Of its
history.
Figures are ever interesting. These are not only in
4eresting but instructive. Active membership Of the
Soy Scouts Of America now totals 65.485 scouts and
scouters and also 5102 cubs, the new junior division
OF the Boy Scouts OF America. It's directing genius
and chief scout executive hopes with the aid Of lead
es OF public thought to bring this up to the million
mark In the near future. President Hoover launched
a forward movement and development program at q
dinner held ut Washington attended by cabinet Of
ficers. He appealed to the nation on behalf Of the
Boy Scouts and formally inaugurated a campaign for
a 100000 development fund. Texas Boy Scouts and
their friends will be participants wherever there Is q
camp In the 21st birthday celebration.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-02-08
Boston Banks Are Mortified

Seventeen banks Of Boston united in q warning 70
the public and broadcasted the same that a congress
sional appropriation for the Red Cross would set =
precedent for the soul destroying dole and work in
evitable injury TO the worlds great relief agency"
Boston bankers are sign readers and interpreters. A
Tax on the wealth Of the nation would be a dole. An
appeal to the generous Of the nation would be an n.
OF charity. 1t would likewise leave a loophoie for the
4ightwads and their fellow misers to keep their pocket
books closed when the plate Is passed around.
Arkansas is a backward state. That is. It Is one of
the Grundy backward states. II Is an agricultural
state. Well. the Arkansas legislature. or rather the
lower house adopted q resolution appropriating SIS
100000 to provide funds for the feeding Of distressed
farmers and their families and 10 enable them 20
make q crop In 1881. Oklahoma Is another back
ward state-that Is. II is a backward state since the
democrats swept II last November.
Oklahoma lawmakers never blinked when they ap-
propriated money to feed the hungry in the rural dis
tricts and to furnish seed and feed to those who are
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-02-08

Texas lawmakers. senators and representatives. are
on record as favoring the payment in cash NOW Of
adjusted service certificates issued to veterans Of the
World War. II Is q matter OF record the senate
led off, Its vote being unanimous for II; as for the
house q vote Of 100 for to 10 against clinched the ar
gument for speedy justice for the veterans.
Uncle Andrew w. Mellon, head Of the department
OF the United States treasury and strong financial
arm or President Hoover. will see To IL that his re-
publican congressional aides place the Texas resolu-
ton In the house receptacle for waste paper. Uncle
Andy. as Minority Leader John Garner calls him,
is the big voice In financial matters o. the Hoover adj
ministration.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-02-08

she was on the point OF giving II
up when she saw another taxi
drive up 10 Claire's door. But
after that things happened swiftly.
Claire came down almost at once
got into her taxi. drove 10 the
boulevard and turned south, down
town In another minute Rhoda,
In her own taxi, was following at
a safe distance. II was almost too
easy TO be exciting. Down the
boulevard to the parkway. and
then branching TO the right down
the parks western boundary, she
saw the other taxi stop and Claire
get out at the Worcester hotel.
"All right" Rnoda said 10 the
chauffeur OF her taxi. "You ar
stop here. too. And this time you
needn't wait"
She didn't know what she was
going 70 do. In there. but IL was
clearly the place where things were
coming into focus
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-02-08

III .O0-i7 .O0-Church services ny remote
control from the First
Methodist Church tn
Brownsville.
n cola .30-Studio Classical Program.
SUNDAY AFTERNOON
ss0o-5.f5-studio Classical Program.
5.i5-5 .3o-Watch Tower Bible Lecture
by Judge Rutherford.
$685. .59-Classicai Program contin-
ued. =
5.5o-6 .o0-Time Service by DorfmAn's
Jewelry Store.
ssyv t4wwanwanw nak " aknkw TO
MONDAY MORNING
10 oo-io 3o-orsan recital by remote
control from the capttoi
theater. Paul Kennsrd at
h Kiigen organ.
l0:3o-10 .33-Valley Waffle shop. an
nouncement.
fSan Benito9
10 $50 .4S@Studio program Of semi
classical selections
10 45-l0t46-T. y Rommer shop in
Brownsville.
10sfe-lc 55-Studio.
10 SSH s00-U. u. Market News.
n COLL :l5-KwwG presents Gus. the
worlds Worst Pianist"
III .l5-ll sI6-Ireal Beauty shop IN San
Benfto.
II 1911 475-Program of me Union Mu-
tual Life CO. of Iowa.
III .25-li .3D-Stud!c.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-02-08

Rhoda was on the point OF CIV
Ing IL up. But the bathroom door
stood atar and Rhoda's glance had
gone that way as Claire finished
speaking. II looked like a rather
large room for its purpose. More
than just a bathroom. She'd take
a look, anyhow, and make sure She
was Ia the act Of going In. but not
yet clear OF the door. and Claire
was M her elbow. when the sharp
jingle OF q bell somewhere ia the
apartment startled them both.
That IL 10 say. It startled Rhoda /;
IL paralyzed Claire. Her hard
blue eyes seemed to bulge right out
OF her head. But that lasted only
an instant. With a conclusive
movement Claire gave her N ire
mendous push that sent her stag
gering clear across the tiled fioor
TO the farther wall. whipped the
key cut OF the inner face or the
door, slammed the door. and locked
her I'm. The bell gave a second
peal Just as the bolt clicked home.
She heard Claire open the door
the door she had come IN by.
Rhoda didn't doubt; there was a
betraying creak to one or It's
hinges-but there was no sound Of
the heavy footsteps on the stairs
that would have heralded the lug
ging In Of her trunk. Claire must
have thought II was the trunk com
ing. though. or she wouldn't
have locked her up in the bath
room. The silence, which had last
ed half a dozen seconds. perhaps,
was again broken by the ring Of the
bell. persistent this time and pro-
ionged. II wasn't the doorbell AZ
all: II was the telephone.
Rhoda heard the door slam shut
and the rush Of Caire's feet across
the room. II was odd that IN her
own fiat she should have mistaken
the bell. She'd been expecting the
doorbell, that was why.
The instrument was Just around
the corner OF the alcove. Claire
said. "Hello7- and then a raoment
later. "Yes. who Is this7 What a
Ii you WANT"
An unfamiliar voice. eyIdently
asking II this was Miss Claire
Cleveland.
The stranger must have said his
say pretty concisely. for after
quite a short pause Claire cried
out In q tone or the li~veIiest aston.
ishment, whats that7 What are
You talking about? who are you,
anyways" And again. after III.
tening q little longer, SAY. are YOU
trying 10 be funny7r
Apparently. though, il wasn't 4
Joke Certainly no from ClaIre,s
point or view. For the next time
she spoke her voice was aucou
with anger, and what she said 1
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-02-08
The Sealed Trunk
BY Henry KitcheIl Webster
Copyright BY The BoeesMsrrHl Co. wNu Service

mere incoherent tumble OF uncom-
pletcd questions.
Right In the middle or this the
person on the other end OF the
line must have hung up. There was
a silence: a dead unbroken silence.
The woman couldn't still be stand
Ing there before the telephone. yet
Rhoda hadn't heard her move
away. When II had lasted rs long
as she could endure 1t she began
pounding on the door.
20 her surprise Claire came az
once and unlocked II. She her
self pulled It open and they stood
face 20 face. Whatever remon-
strances Rhoda meant 10 make we're
silenced by the woman's look. She
looked as III she'd forgotten Rhoda
was there; forgotten what she'd
come for; forgotten almost who