davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-20
5000 CHINESE BRIGANDS
ENGAGED WITH BANDITRY
Three Regiments Are Ordered Out
to Oppose Raiders-Communica-
ton Routes Are Interrupted.
By the Associated Press.

BY the Associated Press.
CHUNGKING, China, February 90
Three thousand brigands are engaged
In wholesale banditry along the Szech-
wan, Weichow and Human provincial
borders despite the efforts Of provincial
military. Reports indicated the outlaws
are endeavoring to enter Szechwan
Province.
Local military authorities have or
dered three regiments against the raid
ers.
Details of the situation in the vicinity
of Chengtu. Szechwan Province, which
was menaced February IS by 1000
bandits, were unknown here as the re-
suit Of interrupted communications.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-20

widow. is sister, Mrs. J. r. Moore OF
Meridian.
Capt. Martin will be buried with full
military honors in Arlington National
Cemetery at IL o'clock tomorrow morn
ing The irterment will follow services
at Tabler's funeral home, 928 M street.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-20
SEEKS PARIS DIVORCE
Mrs. Charles A. Levine Takes Up
Residence in France.

PARIS. February 20 OP).-Mrs
Charles A. Levine, wife of the American
aviation enthusiast and former junk
dealer, today took up residence In Paris
preparatory to obtaining a divorce.
In a published statement she said
that former Magistrate Henry NJ. r.
Goodman of New York, who came to
Europe aboard the Roman, which also
carried Mrs. Levine, would act as her
attorney
Evening star., 1931-12-24
BONDS IRREGULAR
IN SMALL MARKET
Pressure on Railroad Issues
Continues, but List Holds
Fairly Well.
BY r. III. RICHARDSON.

Special Dispatch to The Star
NEW YORK, December 24.-Owing
to the small volume of trading in ad-
vance of the holiday, the bond market
today was unable to show a definite
trend.
The opening was irregularly lower,
with some pressure on the railroads.
IhlS was continuation of the liquidat-
ing movement Of Wednesday and did
not go very far. After depressing such
descriptions as Chesapeake Corporation
5s, Erie general lien As, Missouri-Pacific
5s and New York Central SIS from / to
2 points, the selling dried up and small
recoveries took place
Similarly, industrials like Texas Cor
poratlon 5S, Youngstown Sheet g. Tube
5S, Dodge Bros IS and Standard Oil of
New York AIS were offered at small
declines in the early trading, but later
recovered most of the lost ground. In
the high-grade utility and railroad
group price fluctuations were small and
without significance.
Probably the heaviest group were
United States Government long term
issues. Without exception they dropped
to new lows for the bear market, the re-
Gently issued Treasury IS getting down
close to a 15-point discount. At one
time the Treasury 31ss were almost a
point lower on the day and also at a
new low. Losses were narrower but
unanin Gus in the rest of the liberties and
treasures. This selling, while theoret-
ically attributable to money market
conditions represented year-end window
dressing by institutions desirous Of
showing substantial cash balances.
The foreign list was generally flrmer
in spite of the widespread criticism Of
the Young plan experts report. The
consensus seemed to be that the experts
while directing future Investigations CT
ntergovernmental debts along the right
path, had failed sufficiently to prepare
the ground. After opening a shade
higher, German government 5l2s and
Dawes reparations Is held around their
previous closing prices. German mu-
nicipal and bank descriptions were
steady.
British Sis advanced narrowly on
flrmneSS in sterling quotations Most
Europeans displayed firm tone. There
were small gains in Austrian Is, Italy
U.s. Greek 6S and the various Scandl-
navian obligations.
Austrian bonds rose sharply, Queens
land rs gaining 4 points. There we're
similar gains in Australian Federal
Government IS and lesser ones in New
South Wales bonds and Australian NM
nicipals. This reflected chiefly an i'm
provement in Australian exchange, but
for some time there has been a ten
dency to support Australian descrip-
tionS because Of the clearing of the po-
litical atmosphere in that counSry jap
anese issues we're sluggish, the market
awaiting developments in Manchuria
The municipal market was stagnant.
The very best of city and State issues
have now been marked down to prices
that give yields out of all proportion to
the intrinsic value of the bonds, and
yet there seems to be no demand from
investors who would ordinarily take ad-
vantage of the prevailing bargain prices
Evening star., 1931-12-24
PROSPECTS IN OIL
TRADE ARE BETTER
Various Interests Have Now
Put O. K. on CurtaiIment
Program.
BY WILLIAM VOIGT, JR.,
Associated Press Staff Writer.

TULSA, Okla, December 24.-The
oil world may have Santa Claus or
it may be "just papa but, regardless
of where credit lies, the industry is
facing a much brighter holiday than
appeared likely two weeks ago.
With squirt that would shame a
meteor in reverse, the spirits of the
thousands of persons who are con-
cerned whether crude oil goes up drops
or stays put, have begun rising again
Concerted, sane, conservative action,
with competitive forces working side by
side, is pointed to here as the reason
for optimism
The industry's Santa Claus in this
instance appeared in the guise of the
directors of the American Petroleum
Institute, that potent chief of all oil
organizations.
Strength of Institute.
The strength of the A. P. I. was
shown in the special meeting of the
directors in st. Louis last week, when
through their deliberations individual
members, who head powerful oil COM
panies, decided to do things and in a
hurry.
Haste was counseled, because at the
moment heavy production. low con-
sumption and increasing storage had
made crude oil price cut imminent
BY long distance telephone and by
telegraph the directors got busy. The
first decision was that they could get
along without working their wells or
men on Sundays in Texas. The reac-
ton was favorable and immediate.
Other companies Joined, and now there
is strong hope in this area that 18O
per cent cooperation of Texas opera
tors will follow at once. If this hap
pens it will lop off around $4,000
barrels of oil a week from the output
OF that prolific State.
That means about 100000 barrels a
day and daily average flow from the
entire State of approximately 825 900
barrels (allowing for the ever-present
daily fiuctuation).
The pipe line companies were next
They told the Oklahoma Corporation
Commission yesterday they had a de-
mand for only 440885 barrels daily
from Oklahoma. They have been TAX
ing up to 550,000 barrels, with the al
1oWable fixed at 546,0 ,0O0 The commits
sion will decide this week how much to
cut Oklahoma output during the low
demand quarter ending March 81.
Other Plans.
Kansas will hold its production to
100000 barrels day and there are
tales floating around this may go down
to IS 000
California production, now about
100000 barrels day. is expected to BE-
cut to about 456,000 barrels. With
eastern production at 10000 barrels.
the Rocky Mountain area about 80 900
and the Gulf Coast and Arkansas at
100000 barrels total output would be
in the neighborhood of 2,135OOO bar
rels day This compares with pro-
duction last week of more than 2420.-
600 barrels, and an estimated Winter
demand of 2,l25,000 barrels
All of these decreases are not in ef-
feet yet, and some may fail, but results
already have been achieved in Texas
and substantial reduction is in i'm
mediate prospect.
The movements have pushed aside
Tear of crude price cut.
Ref1ners expect jobbers to take more
gasoline shortly
Storage stocks are not expected to
reach a dangerous volume.
Evening star., 1931-12-24
INSURANCE FIRMS
IN GOOD POSITION
None Expected to Call Upon
Government Agency for
Assistance.
BY ROLLIN M. CLARK.

Although insurance companies are
specifically mentioned in the Walcott
bill to create the Reconstruction FL
nance Corporation as one of the group
eligible for aid, there is little likeli-
nood that they will call upon the cor
poratlon for assistance.
This is particularly true of the life
companies, which thus far have met
without difficulty all demands of their
pollcyholderS for the cash surrender
value OF their contracts or for policy
loans. Fire and casualty companies
are not in such a favorable situation
as the life insurers, but even this group
mas no imminent need for aid
Testimony Recalled.
These facts were brought out in
testimony by Frederick H. Ecker.
president of the Metropolitan Life In,
surance Co., and Morgan B. Brainard,
president of the Aetna Life and afi-
lated companies, before the Senate
Banking and Currency Committee,
which has been conducting hearings on
the Reconstruction Finance Corpora
ton proposal
Some idea of the strain to which life
1nSufance companies have been sub
Jected may be gained from the state
ment OF Mr. Ecker that 80 per cent
OF their investments this year have
been in the form of policy loans. Out
OF an increase in assets of $1,000 ,00O.-
Ooo during the year, approximately
S40O OOO0,0 900 was loaned to policyhold-
ers. Some of this amount will be re-
paid, but in many instances the policy
holders will ultimately lapse their con-
tracts in order to avoid interest charges,
Despite the lack of any present need
for relief to insurance companies. it il
considered unlikely that they will be
removed from the group of institutions
to which aid may be rendered under
the terms of the bill. No harm will
be done by leaving them in and il
might be helpful to have the assist
ance Of the corporation later on if
there is a further increased demand
for policy loans or surrender values
which would otherwise necessitate
sacrifice of securities.
Point of Difference.
There was just one point on which
Mr.. Ecker and Mr. Brainard were not
IN complete accord. That was the
provision relating to the granting of
! loans to railroad companies. Mr..
Ecker did not favor the requirement
that such loans must be adequately
secured because it would be i'm
possible to furnish sufficient collateral
If the valuation is to be based on
market prices Although assured that
the board could exercise discretion in
determining the adequacy of the
security, he said nevertheless he would
like to see a definition written into
the bill
Then he was shown a proposed
amendment which would make loans to
railroads available upon recommended
ton Of the Interstate Commerce Com
mission, This he thought, would take
care of the difficulty. Mr.. Brainard,
on the other hand, said that prompt
action was necessary in the present
emergency situation and that it would
be too cumbersome to require the ap-
proval of the Interstate Commerce
Commission before loans could be
granted to the rail carriers.
(Copyright, 193l)
Evening star., 1931-12-24
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, December 24-The fol-
lowing is summary of important cor
poratlon news prepared by the Standard
Statistics Co., Inc, New York for the
Associated Press:
News Trend.
The first u railroads to report earn
lngS for November showed a decrease
in net operating income of 30 8 per cent
from the like month of last year. In
october these same roads reported net
operating income of 284 per cent under
those of october, 1890
The Companies.
Chicago Great Western Railroad
-Four per cent preferred share earnings.
II months to November 30, sl89 VS..
SEAT
Nebel Oscar Co.-Deficit, six months
to June 80, Sl26,914.
Pressed Metals of America-Takes no
action on quarterly common dividend
paid l2l2 cents October /.
Southern California Edison-Gross
revenues, IL months to November 30,
on O.8 per cent, net before deprecia-
ton off SO per cent
Southern Pacific Co-November net
operating income, of 70.5 per cent, IL
months off 469 per cent.
Consumers Power-Net income. II
months to November 80, Sl1,l98, ,946 VS..
Sl1.875,365.
Firestone T & R. producing 30. 900
tlreS daily. with plants operating four
days week four 6-hour shifts a day
Goodrich (B. F. Co-Output, 1000
units day, with plants working four
Gays week; to increase unit produc-
tlon January 2 to $4,000 units daily
anc operation to five days a week:
expects 80 per cent reduction in unit
tire inventory compared with year pre-
viouS.
Kansas City Power g. Light preferred
share earnings, II months to November
80. Sl13 VS.. SlOl.49.
Nevada California Electric net in
come, II months to November 40
$7l9,8l5 vs. S887,852.
New York Telephone November gross
as reported to l.. c. c., off 2.3 per cent
operating income up 6.6 per cent:
II months gross off l per cent, operat-
ing income up sc per cent.
Ohio Edison net income, IL months
to November 80, $6,372, SOB VS.. S6.754.574,
Sterling Motor Truck deficit, wear
ended october 81, $902,800 VS.. deficit
$685., 500.
Wisconsin Central Railway November
deficit after charges 1857, ,739 VS.. deficit
S309,747; IL months deficit, $4,000, $40
VS.. deficit 81 ,954,871.
Auburn Automobile-Unit sales year
ended November 80, 340l5 VS.. 1888.
Cord orporation-Orders on hand
for airplane engines total S673 5000 VS..
$145, 400 year ago.
Evening star., 1931-12-24
Petition in Bankruptcy.

BALTIMORE, December "a (Spe-
claD.-The Indian Greek Co., Inc, of
Branchville, Prince Georges County, has
filed petition in the United States Dis
ttrlctt Court asking to be adiudicated a
bankrupt. The petitioner is engaged
IN the laundry business and filed
schedules showing $33,418 assets and
$65,61903 liabilities.
orders were signed adjudicating it a
bankrupt and referring the case to
Daniel M Murray, referee.
Juoge William c. Coleman signed an
order appointing Charles c. Marb,Irv
and George w. S. Musgrave receivers
under bend of $5,OO0 to take charge of
the assets of the defendant. The order
appointing the receiver was signed upon
petition filed by Palm Bros.
Evening star., 1931-12-24
STOCKS.
Bank of France Statement.

PARIS, December "a (P-The weekly
statement of the Bank of France shows
the following changes in francs: Gold
increased 70,0OO,OoO; sight balances
abroad decreased 443,O00,OO0; bills dis
counted at home increased $4,000, 900;
bills bought abroad increased 206,000,-
900; advances decreased 40000,000;
circulation decreased 122,000,000: cur
rent accounts increased l75,000,000
Rate of discount, az per cent.
Evening star., 1931-12-24
THREATENED BANK RUN
Is AVERTED BY MAYOR
BY the Associated Press.

BY the Associated Press.
ASBURY PARK, N. j., December "a
Mayor Clarence E. F. Hetrick left
his bed yesterday for the first time
since he became i'll six months ago,
dressed and drove to the Asbury Park
and Ocean Grove Bank, where he dis
suaded a crowd of anxious depositors
from withdrawing their funds.
Il have come" he told them, "to
warn you you are about to bring the
house down on your heads. You are
unwise in acting this way"
Somebody cheered, the throng took
it up and soon departed.
Three Monmouth County banks we're
closed during the day and taken over
by the banking authorities,
Evening star., 1931-12-24
Subscription Rights Extended.

NEW YORK, December "a Pl.-
Hiram S. Brown, president of Radio
Keith -Orpheum Corporation, said yes
terday, because large number of stock
holders had asked for more time to sub
scribe for the new debentures and COM
mon stock of Radio-Keith-O -Orpheum
Corporation, Radio Corporation of
America, as underwater had consented
to an extension to the close of business
on January 8, 1882.
Evening star., 1931-12-24

1elScuk nSIi % efss
Gen Baking 5 As'4o
Gen Motors IS st.
Gen P Sv u 49,.
Gen TIL Eo IS 40.
German S hs'65...
German Bk ss'3S..
Ger Cen Bk IS 80 J
Ger Cen Bk g. go Q
German Is rep '4s.
German Bank II 80
Ger Gen Ell Is rs. ..
Goodrich CIV IS as.
Good 1st 6hs ~. ..
Goodyr Rub ss'67...
GrandTr If db 6S3s
Grand Trunk 7s'40.
Grt Nor ANS TT e.
Grit Nor IS '73.....
Grt Nor en- s hs'62
Grit Nor En 7s'3e..
Greek 6s's8.......
Hoe & Co 6As 8 "a.
Hud 4 n adj s. 's7.
Hud & M RI 5s's7..
Humble Oil IS '37.
Humble o s 5hs'3z.
Hungary 7hs'l4..
Ill Bell Tell ss'ss.
Ill Cent - '53.....,
Evening star., 1931-12-24
Reduced Dividends.

NEW YORK, December "a (SpeciaD
In addition to the dividend reductions
already made this week on stocks of
listed companies there was announced
today a decrease by the Briggs Manu-
featuring Co. from 371a cents quarterly
to % cents, and in St. Joseph Lead from
70 cents to Is cents quarterly. The
latter company estimates profits this
year at $50o,000, against S4,076, 900 in
Evening star., 1931-12-24
STOCKS.
NATIONAL BANK.
TRUST COMPANY.
PUBLIC UTILITY.

Amer. Sec & TT. Co. (l5) ...... 299 80
srincs sat1 Say eoSseF Tr ak 2 r. js} ss 44S
Union Trust {8s) 8s)...............! !Sl 22o
Wash. Loan & Trust Q4 ......' '400 440
Evening star., 1931-12-24
PARIS BOURSE PRICES.

PARIS, December "a R.-Three per
cent rentes, 70 francs IS centimes. Five
per cent loan, 100 francs, 5 centimes.
Exchange on London, 81 francs A
centimes. The dollar was quoted at
IS francs ASH centimes.
Evening star., 1931-12-24
INSURANCE STOCKS
NEW YORK, December "a LP-
Over-the-counter market:

"Uncle Toms Cabin" failed alto
gether to find a publisher brave enough
to produce 1t in book form, and was
finally produced serially by an obscure
magazine.
Evening star., 1931-12-24
Unlisted Department.

(These securities not listed under Exchange
RuleS.)
Evening star., 1931-12-24
WASHINGTON STOCK EXCHANGE
QUOTATIONS AND DAYS SALES
SALES.

SALES.
Washington Gas IS "A"-$l00 at 100,
S1OO at 100.
Notice-This exchange will be closed
tomorrow, Christmas day, and Saturday,
December Is.
Bid and Asked Prices.
BONDS.
Evening star., 1931-12-24

OF 314,422 aliens arriving in England
In the first nine months Of 1881, 1858
were refused permission to land.
Evening star., 1931-12-24
DIVIDENDS DECLARED

NEW YORK, December "A (P.-
Evening star., 1931-12-24
RIGHTS-EXPIRE.
2 Poop G L & c. Jan IS 10 lN Ia I
Sales of Stocks on New York Exchange.

1880 A.M........ 100000 1900 Noon. 100000
1880 PM........ 100000 2:10 P.M........ 100000
Dividend the annual cash
based the latest quarterly hayeary declarations
xEx-dviGend. extra tPlus
stock tPlus sHe Paid
Payable PAYABLE in
Plus special Plus
80 Paid this yearno regular
Plus 21ass stock
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-21

Speaking of the return Of prosperity Col. Arthur
Brisbane comments thusly: The question is. will it be
June or July. 1881. or 1892. or later?" And then he
passes on to the reader this bit Of information: "A
student Of past depressions, all the way back to the
beginning OF the last century, may find comfort In the
fact that Is OF them-ha vanished and made way for
prosperity. either IL June or July, not in any other
month" And then the colonel makes this positive
declaration:
Prosperity returns In one OF the two months NAM
ed because those are the crop months. The winter
wheat is in Corn and other crops are assured. billions
Of new wealth from the soil are in sight and it is real
wealth created by the farmers hard work. NO SPE-
CULATION THERE"
Col Brisbane, in the not distant past, declared daily
that a man was a fool who sold America short. Then
the bottom dropped out OF Wall Street and the crash
was on. Now. he Is figuring on farm staple prices. Hs
predicts the harvesting Of great crops and these crops,
he says, "even without fantastic prices will be worth
in the neighborhood OF II billion dollars, two billions
more than the amount we lent to Europeans that
they might continue cutting each others Threats"
At intervals the colonel losses into his column a
nugget Of wisdom. Read this friendly advice: IF each
individual and each corporation would think hard and
work hard and off the stage and into the cemetery
goes Old Man Depression. 1t IL just as easy as roll
ing off a log in the good old summertime.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-21
. MOVTE !
.SlDEllGHIS


Having adopted Hollywood az
her future home. Conchita Monte
negro. the youthful Spanish actress
who depicts the role OF IN native
girl IN the Metro-G o Mayer
picture, Never The Twain Shall
Meet" which ~ showing NJ the
Capitol Theatre today. has stocked
up with an appropriate Hollywood
clothes layout.
Included in her selection ~ a
cool. sea-green bathing suit. styled
Tor real swimming needs. "A belt 0f
plaid rubber and narrow pipinRs an
the same plaid material adds an
attractive touch.
Plaid EinEham was her choice for
two summer dresses. one showing
a tailored vestee designed blouse
and the other having short sleeves
and full pleated skirt. Both styles
lend themselves 90 the beret cap or
large brimmed straw hat.
Others appearing I'm the picture
include Leslie Howard. Karen
Morley, G.. Aubrey Smith. Mitchell
Lewis, Hale Hamilton. Clyde Cook.
Bob Gilbert. Joan Standing and
Eulalie Jensen.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-21
Penn and the Oil Scouts

Robert r. Penn is president Of the Penn Oil COM
pany and vice president Of the American Petroleum
Institute Of America. Addressing 200 members Of the
National OIL Scouts association Of America he said:
The greatest problem with which the oil industry Is
going to be confronted for a long time Is how to handle
East Texas to keep it from destroying itself and TO
keen II from destroying the oil industry
OF course, the same warning was given by eminent
petroleum experts when the new fields came in in
California. 1t was reiterated by another eminent oil
expert when gushers were brought in in many Okla
homa fields. A like warning was given by a third when
the Smackover fields we're brought in under the skies
Of Arkansas.
1t is the same old wine in new bottles. There is an
over-production Of oil-or an under-production Of
consumers. Why foreign crude on the free list?
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-21
Barton Nouns Beautiful
= > ! = : = = = : :
Lost Angel in Note Left
After Taking His DUN Life

NEW YORK, May 2l.-H-Ralph
Barton's remorse over failure 70
appreciate "a beautiful lost angel
was revealed today in a note writ
ten before he took his life in his
penthouse apartment.
The note identified the angel
as "Carlotta," referring 70 the
caricaturist's third wife, now mar
ried to Eugene O'Neill, playwright.
MI. and Mrs. ONeill recently ar
rived in New York from France.
Headed "Obit', the note said in
part:
Il have had a few real difficult
ties. / have had. on the contrary,
IN exceptionally glamorous life, as
life goes: and ] have had more
than my share Of affection and
appreciation.
Il have always had excellent
health, but since my early child
hood / have suffered frcm a mel
ancholia. which IN the last five
years has begun TO show definite
symptoms Of Oppressive insanity.
1T has prevented my getting
anything like the full value out Of
my talent. and the past three wears
has made work a torture to do at
all. .It has made 1t impossible for
me to enjoy the simple pleasures
Of life. I have run from wife to
wife, from house 10 house and from
country TO country in a ridiculous
effort TO escape from myself. In do
ing SO I am very much afraid that
I have. brought a great deal Of un-
happiness to those who have loved
me.
In particular my remorse Is bit
ter over my failure to appreciate