davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21
Buying for Profit
BY GEORGE T. HUGHES.

The measure of safety most generally
used in the case of the dividend on
a preferred stock is the number OF
times the dividend requirements were
covered. A financial publication re-
Gently made a compilation Of the 1890
profits of 20 large corporations, in
Guiding both railroad and industrial
shares, showing that preferred dis
bursements were earned during the de-
preston year Of 1880 anywhere from
1.8 to SIS times.
This certainly looks reassuring, and
1t is reaSSuring. There is, however, q
reservation to be made. The number
of time dividend is earned depends
not only on the net income available
for such dividend but on the number
Of shares outstanding. If the preferred
issue is of small amount, fluctuations
in net income advance or reduce the
number of times the dividend is covered
much more rapidly than If the pre-
ferred IS outstanding in large amounts
II is often wiser to take a preferred
stock of corporation with a large
senior-share capitalization covering div
ldends at lower rate than one with
a small capitalization earning require
ments at higher rate. Another quail
flcation pertains to the amount of Sc
curities having a prior claim on earn
lngS to that of the preferred stock.
With a large bonded indebtedness and
a small preferred issue, dividends may
be earned many times over and vet a
comparativly minor drop in net income
might seriously affect the safety OF
the investment.
There are many preferred stocks with
no bonds ahead of them, and other
things being equal they Of course are
IN stronger position than the other
class. For the most part such pre-
ferredS will be found in the industrial
list. Railroad corporations and public
utilities almost invariably have large
fixed charges ahead of the preferred
stocks.
1t is unfair also to take earnings
OF single year as fixing the rating
OF any investment. If, for example,
we were to judge securities entirely on
the basis of what they were able to
show in these times, many of the most
desirable would be ruled out entirely.
There should be fair margin under
depression conditions, but something
should be allowed for that return of
prosperity which we all so Confidently
expect but the date of which none Of
us can fix.
(Copyright, 1917
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21
iMACAJLAY URGES CREDIT AIDS
AS MEANS TO END DEPRESSION

averted and the commodity price level
kept fairly steady.
Following the Stock Exchange col
lapse of 1929, the demand for banking
loans fell of enormously, and the COM
mercial banks began rapidly to reduce
their rediScountS. This was inevitable
and even desirable. When. however,
the total bank credit fell sufiiciently to
affect commodity prices seriously, the
need of replacing part of the redis-
counts by increased bond holdings be-
came evident. unless We were to suffer
from excessive defiation, an evil even
more serious than imitation. The Fed
eral Reserve then purchased $3.50, 000,-
600 of additional bonds; but, while this
certainly had beneficial effect, it was
not sufficient and by October, 1880. the
commodity price level had dropped to
Is per cent below the average of the
preceding years. This was bad enough
but if the price level had been stabil-
lied at even that figure, conditions to-
day would be vastly better than they
now are.
Bond Holdings Pegged.
UNFORTUNATELY, since that time, there
has been no attempt to stabilize prices
much less to restore them to their old
level, either in whole or in part. There
has been no increase in Federal Re-
serve holdings of Government bonds
since the Summer of 1880, the figure
apparently having been pegged at $780,
100000, except for a slight seasonal
rise in December to accommodate the
Christmas trade. RediscountS are now
down to lower figure than at any
time IN the last IS years. the total bank
credit has dropped another 500, 000, 900,
currency def1ation has extended to
disastrous proportions and the commod-
ity price level has continued to drop,
being now but rs per cent Of the for
mer average. The problem we faced
year ago, therefore, is with us still
but now aggravated and more difficult
"A vicious circle has been established
The depression reduces the rediscounts;
the reduction in rediscountS reduces
the bank credit, producing further cur
rency deflation and further lowering
commodity prices; every lowering of
commodity prices further accentuates
the depression. The only way to cure
this condition is to raise the bank credit
sufficiently to start commodity prices
upward and thus reverse the process.
Remedy In Our Hands.
But, it is said, the depression Is
worldwide and therefore beyond the
power of any one nation to remedy
That hardly is correct. The depression
certainly is worldwide, but the remedy
rests with the United States Other
countries are practically helpless. This
may appear strange, but 1t Is true"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21
EVERGLADES SUGAR CROP

CLEWSTON, Fla. (P.-More than
30 O00, 900 pounds of raw sugar was pro-
duced in the Florida Everglades this
year.
The grinding plant of the Southern
Sugar Co. here has finished its sea-
sons operations with total of $685.
900 pounds.
There were 2,2o2,372 gallons of mo-
lssses extracted from the cane ground
here.
sugar cane harvesting machines were
rSed in this project for the flrst time
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21
DECREASE IN BUILDING
FOR MAY is REVEALED
Figures for 342 Cities Show Aver
age FALL of 1875 Per Cent,
Compared With April Totals.

A decrease of 1875 per cent in build
ing permits for May, as compared with
April, is noted by the Department of
Labor in announcing the permit record
for 342 cities.
The greatest decrease was in nom
residential construction, which fell of
2O.9 per cent. Residential construction
dropped 18 per cent
Total construction, including repairs,
authorized during May was valued at
$130,398, 526, and during April $780,
O36,751. Non-residential construction
covered by permits for May totaled
500 .440,342 and for April lice, BOT
There were 1871 permits for new resi-
dences issued in May to cost $40 ,491,
274, while in April 14,028 permits were
issued for residences to cost $50, 370, 900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21
CIRCULARS PROHIBITED.

In order to protect its adver-
tisers from receiving circular
matter. it is expressly under
stood and agreed that all such
matter will be withheld as far
as possible by The Star. Only
bona fide answers to advertise
ments addressed to box numbers
in care of The Star will be de-
livered to advertisers on pres
entation of the box number
ticket
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21
YOUNG MEN.

1OONU MIN.
Two married men OF good ap-
pearance wanted for sales work
in Our radio division; unusual
opportunity for men with knowl-
edge of radio; also openings for
two inexperienced men who are
willing to learn. Applicants will
be interviewed at 10 am. Mon
day by Mr.. Riley, room l37,
P. F. P. Co. Bldg, 10th and E
SITS. NV
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21
SALES MANAGER

Is required by a reputable realty sales or
ganization to fill an important sales execu-
tive vacancy. He requires no specific back
ground; a proper coaching will be given. He
should, however, possess car, have selling
experience, with a good. clean record OF &C
complishment, live in Washington. be lOO.e
STAFF and clients. A real man and big pro-
Queer will appreciate this opportunity Ac;
Commission with overwrting on his staff.
He must be able to quickly, assemble small.
select. but productive, sales force. Unless
the position and in a position to finance
yourself over a period of week or two
Write, giving summary of qualifications and
vital statistics. together with your telephone
number All correspondence will be consid-
cred strictly confidential. Our staff has
been advised of this ad. Address Box 1895
Star ONCE.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21
INDUSTRIAL. STATESMEN.

An unusual opportunity to represent a
national organization with outstanding rec
ignition in industrial field is now open IN
this territory. Applicant must have at least
5 years successful record as travelling sales
man. Products are boiler and engine room
supplies and building maintenance , maze
industrials, buildings and institutions. Men
with wide business acquaintance IN this
tial. Engineering experience helpful; Auto
necessary. Protected territory. Individual
training For personal interview. detailed
reply necessary. Address Box 1878, Star
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21
NEW YORK BANK STOCKS

NEW YORK, June 20 (P.-Over-
the-counter market:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21

CHAIJFFEUR houseman, janttor or Kitchen
man: colored: good references, quick, rem
able worker; can leave city, sober. Deca-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21

THOROUGHLY experienced
colored furniture delivery men.
Must have driving permit and
know the city. Steady work for
the right men. Apply at The
Hecht Co. o St. Warehouse, 81
O st. NV.
ELECTRIC refrigerator sales
man, experienced. Apply at
once to Mr.. Scott, F. S. Harris
Co., 1900 18th st. NV. &
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21
CHAUFFEUR

-colored, for delivery truck; must
be experienced and know the city
Apply with references, ready to
work, Monday, am, rear 1910
RALEIGH HABERDASHER.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21

COLORED MAN desires work as elevator OPP
erator heIlman porter or houseman; ex-
perienced in hotel and housework. Decatur
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21

1ork NJ any kind; porter or chauffeur; rel
erences. Phone Lincoln SOIL before IL Am
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21

CARPENTER. experienced in all kinds repair
etc n Bryant, Columbia 10088.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21
AT ONCE.

MEN, Z,
To work established terrtory; $50 70 SSo
per week to start. NeatnesS and fair educa-
tion essential. Apply after l pm, J. X;
Watkins Co., S533 Ill. ave. NV, corner OF
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21

COOK AND HoUsEMAN, frst-class. FILIPINO;
best references; 10 years experience. Nortn
1896 Room 32-A. -
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21

DRUG CLERK-Junior; years experience;
fun or part time; best references. Address
Box 24I-S. Star Office.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21
Regulatory Power.

"That this regulatory power can be
exercised effectively has been demon
strated repeatedly. During the years
following 1921, the United States re-
ceived enormous amounts of gold, and
the amount on hand increased between
1920 and 1880 by $1,654 100000. Had
this gold remained outstanding, it would
have initiated huge imitation of bust
ness involving, of course, a great in
crease in commodity prices. The Fed
eral Reserve, however, sold sufficient
Government bonds, payment for which
had to be made in gold or currency, and
the amounts thus received were retired
from circulation. imitation Vas thus
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21
RI1SNFSS INSTRUCTION.

STATiSTICAI CLERK. Begin TODAY. Spe-
cial tuition The Civil Service Preparatory
School, Sc. cor. 18th &; NV. Met. 1887. 22'
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21

LADlES-S50 weekly extra possible; sell
finest, largest line individual Christmas
cards TO friends, business houses, profess
sional men; people buying now; don't watt
Dig commission daily; large bonus extra !:
Greeting Card Co., APPS Market, Dept
N-63. Chicago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21
SITuATION-MEN.

Persons advertising tor SITUATIONS
Wanted" are harmed 70 e1erclse
careful investigation OF persons o.
nre featured to secure employment.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21

BAKER, pastry chef, plain and high-ci as
Work: hest reference; to go anywhere. al
dress BOY 25a-S. Star Office.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21

WOMAN, young or middle ased, for t general al
two children also willing to leave city ior
Summer. $50 month, room and 6oaro. Ap-
ply Sunday or Monday am, 900 TN 81. Ss:"'
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-21

AUDITOR, jr. acct, bkkps, age zo' nSt
ried, reliable, energetic; 10 yrs: exp. puo t;
ton; reasonable salary. Hall, $3.50 rem m.
dale ave. Baltimore. Md. Liberty 10gz. 81
nre{eTably poultry or flowers. Address BOX
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-04-14

forts against the plague. the In
diana tuberculosis Association
heard today at the opening Of its
twentieth anniversary annual meet
ing In the Lincoln.
Report OF Miss Anne M. Lutz, La
fayette. president Of the state asso-
citation, was read by Murray A.
Auerbach of indianapolis, executive
secretary. III with appendices,
Mrs. Lutz was unable to attend the
meeting.
The report epitomized the history
of development of anti-tuberculosis
work in Indiana and pointed/out
that death rate from the disease
had been reduced from 174.4 of each
100000 population in 1910 to 65.9 Of
each 100000 in 1880.
Nationally known anti-tubercu-
losis executives and research work
ers will address the delegates today
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-04-14

brain children for the admiration
OF the multitude.
Dawson's invention was an end
less ladder to reach the moon.
mo reason why it shouldn't,
either" said Dawson, the while he
demonstrated the winch which
automatically fed sections of ladder
into the NAV of the machine,
joined them together and reared
them heavenward.
r. c. Bigelow, a pessimist from
San Francisco, had an apparatus
for use of automobiles who fall of
mountain sides.
As soon as the car turns over and
jounces down to the rock-strewn
canyon below, the Bigelow inven-
ton turns off the ignition switch
and starts the horn to blowing.
It should prove exceedingly handy
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-04-14

Bigelow explained. for motorists
who turn their cars upside down.
Maurice ]. Jaffe, an optimist from
New Haven. Conn, displayed the
"nursurette,7 a bottle attached to
a swivel and universal joint, so
that the theoretical baby under
meath could center all his attention
on drinking his milk and not have
to worry about hanging on to the
bottle.
E. P. Johnson had model Of an
ornicopter, an airplane which hys
up, down and sideways. 1t actually
works, too, except that the motors
have to be stopped whenever a
change in the ships direction is
made.
But then that's a minor difficulty
and will be ironed out before john
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-04-14

upon Chicago today in an eerie,
dizzy and weird array for the
worlds first international patent
exposition.
Major-General George o. Squires
of the United States army invented
a powder puff, toted it to the expo
sition rooms in the gigantic Mer-
chandise Mart, and displayed it or
war-worn nose for the edificatior
Of wondering populace.
The generals powder puff is in.
tended to sift just so much powder
and no more, on feminine faces.
Some 1000 inventors, including
/ James w. Dawson, who deserves
special mention, also brought thet
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-04-14
THE INDIANAPOLIS TIMES

son gets live man to fly full
sized npadel, he said.
The riece de resistance OF the
show is a perpetual motion machine
that works on an entirely new
principle. that of skies and mines.
1t is a wheel studded along tht
rim with figure skies made OF iron
When the wheel is given a gentle
push, the skies turn upside dowr
and become mines.
The iron figure mines, OF course
are topheavy, fall downward anc
become skies again, thereby keeping
the wheel in perpetual motion.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-04-14
PACE

and Wednesday. Among them are
DR.. Kendall Emerson. New York.
DR.. william Charles White, WASH
ington, D. c., and Mrs. Violet H.
Hogsdon, New York.
Auerbach's report outlined prog
ress toward disease control in the
last twenty years, emphasizing in
creases in disqualification, clinics.
public health nursing, child health
education and general organization
of anti-tuberculosis groups.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-04-14
T, B. PLAGUE
CONTROL COAL
OF CONVENTION
Indiana Association Drive
Outlined in Reports at
Annual Meeting.

Until tuberculosis is under con-
troll, lightweight county associations
in Indiana will not cease their eff
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-04-14
Child Killed hv Auto

SOUTH BEND, Ind, April IA
Geraldine Veach, 5, is dead OF in
juries suffered when struck by an
automobile driven by C. H. Knud-
son. Is. He was not held.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-04-14
A Simple Application
That DissoIves BIockheods

No more squeezing and punching 20
get rid Of those ugly blackheadS. Get
q little Calonite powder from any drug
store sprinkle a little on hot. wet
cloth rub over the blackheads, and IN
two minutes every blackhead will be
dissolved away entirely. Advertise
rnanf
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-04-14
SHOW REVEALS
WEIRD ARRAY
OF INVENTIONS
Automatic Powder Puff and
Endless Ladder Among
Patent Exhibits.

By United Press
CHICAGO, April 14.-The gadget
widget and dinkus men descended
The Coolidge examiner., 1931-07-17
Eleventh Step Held the Key
The Weekly Short Story-By H. RAY WALKER

nerve taut, | finally reached the
step which was the tenth from the
top. Bending over l held the light
close 10 the eleventh-and there
partly | solved the double murder
mystery, although the hOrrifying
discovery for moment threatened
to CONCEAL the blood in my body.
The rest of the solution was in
the big clock. | had all along be-
lieved, apparently without reason,
that the huge timepiece had some
thing to do with it, and the revela-
tion on the eleventh step sent me
hurrying to the clock, which / pro-
ceeded to dissect with the aid of
some tools | found ON the premises.
An intricate device, which in
cluded strong spring aside from
the one that gave power to the
hands. was deftly concealed from
any one winding the time machin-
cry. In way this device was like
that of an alarm clock, only instead
of ringing a bell it unfolded a thin
steel arm, which extended itself
and raped against the glass face
of the clock This occurred every
twenty-fOur hours, at midnight.
The rapping against the glass
served as the lure to get the dead
inventors victims to the eleventh
step. The same device controlled
mechanism under the step, which
at midnight thrust twenty needles
in two rows through tiny holes in
the step, causing them to rise about
p third of an inch above the sur
face.
This double row of needles. ex-
tending across the step, comprised
the discovery had made while de-
Scending the stairs. AS | suspected
| found that the needles were hol-
low and contained a vlrulent poison
which was injected into the veins
of him who CHANGED to step with
his bare foot on the eleventh step
at the midnight hour.
&c by Mcclure Newspaper SyndicateO
(WNU Service
The Coolidge examiner., 1931-07-17

cool chiffon printed in fern de-
sign in blue and white, is enhanced
with a yoke and hemline of match
ing blue lace, the chiffon and the
lace being one as sheer as the other.
For the most part ii is the color
of the background which deter
mines the color of the lace. al
though the rule may work both
ways, for if the motif carries an
outstanding color that same tone
is apt TO be repeated in the lace.
We cite, in this latter type, a very
lovely gown of chiffon with a gray
background (gray is very smart in
prints this Season), its flower pat
terning done in pretty wisteria,
larkspur blue and rose tones with a
prevailing use of green for the
leaves and stems. The lace which
was selected was in a delicate
green, thus achieving a delectable
color symphony.
Black lace is particularly effec-
tive with flower prints which flaunt
high cOlors but it must be exceed
ingly fine and sheer TO look its
handSOmeSt.
O.. 1881, Western Newspaper Union.)
The Coolidge examiner., 1931-07-17

Particularly now that he was
growing old. 1t didn't seem a dig
nified thing for an old bear to do.
After the man had gone to sleep
and tie bears were supposed to be
asleep, too, they would talk over
the days work.
They had to whisper very, very
gently, for if they really talked it
would wake up the whole country
around and they would be most un-
popular.
We'll" said the second. the old
er bear, Il am so tired of being
made to dance.
at is so silly, too.
People like to see bears dance
on two legs because they have four,
and we don't ask them to dance on
one leg because they have two.
1T would be just as sensible If
we asked them to do this !"
The first bear laughed in a low
tone.
1.-The trouble is | am old. And
these things seem very silly to me.
l wish l didn't have to do any
more"
And the bears wish came true.
He was given to a zoo after this
and he never had to do any more
work
1t was really time for him to
rest. He had worked hard and
long and he was too old to be asked
to dance on his hind legs.
90. 1881. Western Newspaper Union)
The Coolidge examiner., 1931-07-17

When | entered the house of mys-
terry there was the black cat, and he
interested me strongly, particularly
on account of the supposed secret
he held in his brain. For the third
time | watched him skip up the
stairs. wheel at the landing and re-
trace his steps. Suddenly my con
sciOus mind grasped a fact with
which my subcOnsciouS brain had
been juggling. Each time, in as
cending and descending, the cat had
leaped over a step about midway
in the fight, the step against which
the big clock seemed to lean.
1t was about time for me to get
busy, so | picked up the smoky Ian
tern and mounted the stairs. PauS-
ing on the tenth step, l examined
the eleventh, but it looked no diff
ferent from the others. At the top
of the flight | turned right and en-
countered a door which admitted
me to a bedroom.
The room was partly furnished.
and | lay down on the bed after
eNtinguishing the lantern and plac-
ing my flashlight and automatic
conveniently near.
When the midnight hour began to
clang l sat up, possessed of an mex
plicable conviction that something
was about to happen.
Scarcely had the twelfth stroke
died away when a loud, tapping
noise came up from the first floor.
sprang from the bed, with the
fashlight in one hand and the re-
volver in the other. The noise had
ceased, but began again as | passed
into the upper hall. 1t lasted only a
moment, then all was quiet except
the clock-and the wind.
The flashlight found the explana-
ton of the hiss. 1t showed the black
cat standing on the bottom step, his
back arched, his tail standing
straight up, his eyes blazing at me
like fiery emeralds.
Guided by the flashlight. every
The Coolidge examiner., 1931-07-17

y i YOUR prettiest and you will
- be chic is the message TO which
fashions followers are listening
in" for summer. AS every woman
knows there is no more effective
way of carrying out this order than
to wear fluttering, fower-printed
chiffon. This summer these gay
patterned sheer Weaves which we
love so well are more than ever in
the picture.
The garden parties, the tones
and tints of these airy fairy prints
compete with the gorgeous color
ings of natures own flowers about
them, and when evening comes they
20 dancing in the moonlight. flut-
tering and floating about to the
strains of sweet music with grace
all their own.
Many of this seasons most en-
chanting frocks of chiffon add yet
another note of beauty in that they
are trimmed with very lovely lace
which is a sheer and delicate as a
Cobweb in order to tune with the
exquisite texture of the dainty ma
terials which they trim.
A perfectly charming idea is
that of trimming with lace which is
dyed to blend into the color scheme
of the frOck. For instance, the
dance frock for summer evenings
here pictured which is made of a