davidaulloa/AmericanStories huggingface dataset:
Evening star., 1931-12-23
Gifts for Father

Trench Goats, rubberized, reversible
models that are warm and weather.
proof. Sizes 81 to rs. S4.65.
STREET FLOOR
Camel Hair Caps, soft and com.
Portable caps that are just what Dad
needs for motoring. In all sizes. SlOO.
STREET FLOOR
Wahl Eversharp Pen and Pencil
oets-elve him a set so he won't be
borrowing yours all the time. $4.95.
STREET FLOOR
White Broadcloth Shirts, lustrous.
closely woven and long wearing; neck.
band and collar.attached styles. Sizes
II to IL. $3.50.
STREET FLOOR
Mems Silk Neckwear, quality ties
made by famous manufacturers. In
the latest stripes and patterns. $500.
STREET FLOOR
Gloves, lined with fur. Wonderful
tor outdoor work or driving. Sizes
III to 10. $2.95. Others ST. to $3.50.
STREET FLOOR
Cuff Links, 1O.kt. solid gold links
that Dad will wear for years. In
white, yellow and green gold. sos.
STREET FLOOR
Blanket Robes, warm and swankv,
in large assortment of patterns. A
really practical gift. Large, medium
and small sizes. $2.95.
ICIO
Opera Slippers, made of soft kid and
with quilted sateen lining He won't
have to change these for company.
S195.
SECOND FLOOR
Genuine Mahogany Smokers, cop.
per lined to keep the tobacco fresh. A
gift the whole family can use. $5.95.
FIFTH FLOOR
Evening star., 1931-12-23
Gifts for the Family

Lamp Shades of fine ceanese taffeta-foor,
bridge or table styles Rust, gold, rosewood or
green. S249.
SIXTH FLOOR
Glasses -goblets, sherbets wine glasses and
footed tumblers. Crystal amber, green. Gold
or platinum encrustation Soc
SIXTH FLOOR
Stem Glasses and Footed Tumblers of bril-.
liantly polished rock crystal. Choice of two
attractive patterns. ST.
SIXTH FLOOR
North Star Blankets of fine virgin wool. At.
tractive block plaids or desirable plain colors.
Pair, $9.95 to $500. Others, $2.95 to $3.50.
THIRD FLOOR
Comforts of heavy quality silk or l,lstrous
satin; filled with soft white wool. Lovely
boudoir shades. $S.95, $3.50 to $3.50.
THIRD FLOOR
Pequot Sheet Sets of fine white muslin, with
colored hemstitched hens. One S1x99 sheet
and two pillowcases. $3.45.
THIRD FLOOR
9-Pc Table Sets of snowy white Irish linen
damask. One 6SxS6 cloth and eight 2O.inch
napkins Neatly boxed. $995.
THIRD FLOOR
Lace Cloths-copes of exquisite Mexican
drawn.work. May be used for table or bed.
White and ecru. 8Ox9O. $395.
THIRD FLOOR
End Table with solid mahogany top and
mahogany. finished base. A gift that's orna.
mental, practical and inexpensive S3.49.
FIFTH FLOOR
Evening star., 1931-12-23
Gifts for Modern Girls

Mesh Stockings are sure to thrill the mod.
ern young lady. Full fashioned; French heels;
picot tops. Smart Winter shades S135. pairs,
$500
STREET FLOOR
All.Wool Flannel Robes in an assortment
of good.looking stripes. Rose, blue, orchid and
tan. Well tailored. $3.95.
THIRD FLOOR
Hostess Pajamas in attractive one.piece
styles. Jade and chartreuse, brown and orange,
purple and orchid, blue and orange. $685.
THIRD FLOOR
Dancettes and Step.ins in French crepe or
satin. Lace trimmed and attractively applied.
Flesh, tearose or blue. S395.
THIRD FLOOR
Sweaters in smart novelty weaves that look
exactly like expensive hand knts. Pastels,
vivid and dark shades. $2.95.
SECOND FLOOR
Sandals-that will be perfect with hostess
pajamas. Red blue, rose or green velvet; silver
or gold kid trim. $4.95.
SECOND FLOOR
Evening bags for your dancing daughter.
Stunning beaded styles in seed pearls. $500.
STREET FLOOR
A Cedar Chest will make gift of beauty
and real value. Natural finish genuine Ten.
nessee red cedar interior. $1O.95.
FIFTH FLOOR
Simulated Crystals that are very
finely cut and dazzlingly brilliant; 16
and Is inch lengths; spring clasps,
T. $780,
STREET FLOOR
\ Chiffon 'Kerchiefs are extremely
\ smart for evening. Hand.rolled hens
and attractive lace corner design; pas.
tells, red black, Soc.
STREET FLOOR
Evening star., 1931-12-23

overlooked, remember that LANSBURGH'S is
the best place to 60 for last>minute gifts! Six
floors overaowing with beautiful gifts 1000
people eager to help you, and Personal Shopper
whose real name is Mrs. Santa Claus!
Evening star., 1931-12-23
Dear Santa: Please Don't Forget

OF anyone, dear Santa! Turn over
the leaves in your big ledger, and
if there is a single name you've
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-16
GRAIN MARKET

CHICAGO, January 16 P-Sharp
new downturns in wheat resulted to-
day from selling By oovernment-spon.
sored agencies. There was also stop
loss general selling, together with com.
ment that Liverpool quotations were
again lower; on to about the bottom
most Ia $50 years. Starting cent
down TO u cent Up, Chicago wheat
afterward dropped all around. Corn
opened at 4 cent decline to 4 advance
ana subsequently underwent . general
sag.
Wheat price breaks were in the face
Of reports of dustStorms over Southern
Alberta and Southern Saskatchewan,
unusual at this time of year and en-
pfasigiHlg Abnormal dryTiess prevalent.
The selling orders that tllmbled values
down we're apparently placed to antici-
pate expected active buying, but de-
mand proved light, and the market shot
downward. Talk that export business
was at an absolute standstill and that
the United States, visible supply was
increasing instead of showing decreases
usual at this time of year had a decided
bearish influence.
Primary receipts of wheat were
1,006s000 bushels, an aggregate greater
than last week and more than double
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-16
STOCK YIELDS EXCEED BOND
RETURN AT PRESENT PRICES
Economists Charts Give Strong Argument
for Purchase of Equities-Analyses
Cover Period of 81 Years.

bear markets" However, Ia the recent
bull market stock prices advanced
while bond prices were falling, until in
September, 1929, which measures the
high point Of the imitation In common
shares, stock prices were almost 10
per cent above the old normal level At
the end of last December stock prices
were 81 per cent below normal and
at the lowest relative point In the CONF
parison between the two groups Of
securities ever recorded.
The main purpose of the Tucker
study was TO show not only the COM
parative yield Of high-grade bonds ana
stocks, but to emphasize the relation
between Yields on bonds and what, in
the recent new era" of speculation,
Of shares in this classification has been
included as different issues in that year
and 154 IN 1880.
Average Yield.
An analysis accompanying the Tucker
charts states that 1.-THE average yield
of these high-grade stocks has fiuctu.
ated above and below the average yield
of highsgrade bonds in almost every
year. and when the yield Of the stocks
'~raained below the yield 1T the hr'tns
for more than 4 year at time there
was always severe reaction" The
chart Of comparative yields indicates
that "a 1907 the average bond yield
was about az per cent AZ the same
time the average yield ca stocks va
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-16
BY CHARLES F. sPEARE.
Special Dispatch to tn. Star.

special Dispatch to The Star.
NEW YORK, January 16.-Two ex-
haustive studies of the relation Of stock
and bond prices and yields to each
other over periods ranging from 81 to
"a years have been made public by
their authors, Col Leonard s. Ayres
Of the Cleveland Trust Co. and DR..
Rufus 5. Tucker Of the American
Founders Corporation, the largest of
the management investment trusts.
Each study compliments the other
in that It exhibits the traditional trend
Of stock yields to a level much above.
bond yields in periods of depression, as
will as giving intimation Of severe recess
sions when stock yields fall below bond
Yields in times of extravagaat specu-
lation. Both present strong argu.
nent IN favor of the current invest
ment position Of stocks in noting q
yield on them today, in relation to
fixed interest obligations, more favor
able than for several decades.
Atres Chart.
The Ayres chart covers the period be-
tween 1900 and 1880, which includes
the major depressions of 1907. 1921 and
1890 That compiled by Ds. Tucker
20 back TO ie"-
In explaining mas figures Col. Ayres
says that In the period prior TO 1928
stock prices never rose as much as
20 per cent above the normal at the
peaks Of the bull markets, and never
fell as much Is 20 per cent Glow Ia the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-16
IS PCT. ADVANCE
IN STEEL OUTPUT
Loss in Operations Since
Early In November Reported
as Recently ReCouped.

Steel production has expanded this
week to about As per cent. all districts
save Buffalo reporting increased or un.
changed rates. says steel Of Cleveland
This is q gain Of points over last
week ana recoups ell Of the less In
operations since mid-November
Improvement In production thus far
in 1891 is traceable to the rebound
from the extreme low Of the holiday
period, the release Of material held up
In December partially for inventory
reasons ana the automatic passing OF
considerable rail tonnage to the mills
for prompt rolling.
To a moderate extent, further sup
port may be expected from expanding
rail output, but it is increasingly an.
parent that in the main the mills must
look to actual consuming requirements
for any further appreciable advance IN
production.
There is no diminution of confidence
that the trend In consumption of steel
is up, and neither producers nor con.
sufTiers have any stocks, but it is more
clearly recognized that progress Will
be made slowly. Recent sales meet
ings OF the two largest producers were
characterized by the conviction the de-
improvement is ahead
Building continues the most active
outlet for finished steel, this weeks
awards totaling 27,S63 tons, comparing
with 41,131 tons last week and 27,593
tons year ago. Automobile requires
f1ents still lack the vigor usually inn
parted by Ford and Chrysler, and probs
ably will the remainder of this month.
although on the whole slightly more
steel is moving to Detroit.
Railroads are rapidly concluding
their rail purchases. The Pennsylvania
has distributed 100000 tons and the
Burlington $500 tons. Chicago mills
for the season have booked $4,000
tons and expect 212,500 tons more, the
average being about so per cent Of 8
year ago.
From raw material to finished prod
ucts the iron and steel markets lack
the impulse of large business, except
perhaps, the Standard Oil Co. of New
Jersey commitment for 100000 boxes
of tin plate, an export inquiry for 4O,S
600 to $4,000 tons of steel pipe and the
award Of 40 barges requiring $4,000
tons of steel by the Inland Waterways
Corporation. Most consumers have
ter needs, and producers are more In
tefested in eliciting specifications than
in entering new contracts.
Prices are colorleSS because INFESTED.
The few adjustments in scrap balance.
Basic pig iron Is easier in Eastern
Pennsylvania, where sales continue
large. Galvanized sheets are softer In
the East. Reinforcing bars are being
advanced 81. Bars and plates app
proach q single asking price of 1855
cents Pittsburgh, or equivalent, to aver
age buyers Shapes are uncertain, due
to increasing resort to the fabrication4
in-transit privilege and the new Weir
ton base. This week Steels market
composite is up cents to $31.73, the
first rise since June.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-16
CURB SHARES FIRM
IN LIGHT TRADING
Utilities Continue to Feature
Market-Price Changes
Narrow.
BY JOHN A. CRoNE.
Special Dispatch to The Star.

special Dispatch 60 The star.
NEW YORK, January Is. - After
opening lower today, the Curb Market
showed signs of frffiin9 around mid.
day. This reversed trend, however
failed to bring an increase i'd trading
Electric Bond g. Share moved within
small range, maintaining its initial
fractional gain. Cities Service opened
unchanged At 1874, but later crossed
the is level. An exception to the gen.
eral trend of International Power q
Light shares was Brazilian Traction &
Light, which rose more than . half
point
i Public utilities .firmed slightly as the
morning session progressed. Petroleum
shares, however, inclined toward soft
EeSs. In the higher-priced industrials
declines predominated Food and chem
ical shares showed mixed trends In
the early afternoon natural gas and
radio issues snapped out of their slug
gishneSS.
A. o. Smith Corporation dipped more
than 2 points. Even the lower-priced
shares of pipe makers declined This
was true of Dresser Manufacturing B.
Cooper Bessemer, which also is linked
to the oil industry eased
The movement of food stocks was ir-
regular. Packing shares have been af-
fected by recent price declines in inven-
tories This was emphasized in Swift
d Co.'s report. Today TrunE Pork
showed net sales in 1880 gained SIS 1854
while net profits dropped SOC, 55A. Di-
rectors therefore reduced the dividend
from $3.50 to 81 a year and the stock
opened half point lower
Weakness In London was transnit-
ted here in the first hour. British
American Tobacco B was slightly lower.
Hydro-electric securities, Ford Motor,
Ltd, and similar issues did not move
IN the same direction as domestic
groups.
In the metals, Consolidated Mining q
Smelling was up a point. while New
mont Mining moved about point lower.
New Jersey Zinc opened down q point
at so. The lower.priced coppers, such
as Hudson Bay and United Verde, dur
ing this period were q tribe soft. From
the chemical trade came news Of an
Improvement in alkali prices, but few of
the active chemicals on the Curb were
adected by such developments. In the
drug field zonite and United Chemicals
participating preferred reacted. Dow
Chemical lost point.
Hiram Walker was active In the
Canadian list The increased demand
was accompanying by rise of more than
o half point in the forenoon.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-16

nearly 61s per cent. In 1015-16, the
years of the so-called war babies" the
average yield on stocks dropped well
below the yield on bonds, as it did
again In 1919 and In the early part of
1920. In the latter year, when Ameri-
can corporations were forced to sell
and per cent obligations to raise
new capital, the average yield on bonds
was about GA per cent and in that
same year the average return on stocks
was nearly T1s per cent.
Coming down to 1929 we find that, at
the summit of the stock speculation in
September and october, the average re-
turn on blue chips" was only 2 per
cent, whereas the current yield on
bonds was nearly AZ per cent. To
statisticians and students of long
trends in markets, this was an unmis-
taxable sign Of an approaching stock
market crisis. The situation at the
end of 1880 was that the average
yield of bonds was about az per cent,
while the average on stocks approached
So per cent.
Situation Reversed.
In commenting on this revision of
yields, the Tucker analysis states In
September. 1929, the blue chips were
yielding only AZ per cent as much as
the bonds, but by the END Of 1880 this
situation had been wholly reversed and
the yield Of the blue chips' was almost
a. high In proportion to that of bonds
as In 1907 and In lo21."
Charts Of security prices over long
period Of years are not presented as in
fallible guides TO future market ten
denotes. There has been enough evil
dence, however, out of past financial
history to confirm the belief that when
stock yields rise much above average
bond yields they present an attractive
picture to the investor and Spectator.
A. ne has acted in the past on this set
OF circumstances. he is likely to do so
again.
(CopyriRht, 1870
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-16
ARLINGTON TRUST CO.
REFLECTS DIRECTORS

At the annual meeting of stockhold-
ers Of the Arlington Trust Co., Rosslyn.
Va, the entire board Of directors was
today reelected, as follows: e. w. BAH,
NJ. z. Church. George B. Fadeley. John
e. Fowler, William G.. Cloth, II. X.
Green, Robert NJ Harper, A. G. Jones,
G. T. Merchant, Alan 3. Prosise and IT.
r. Thomas.
In reviewing the past years oper-
ations the president, John E. Fowler. In
his annual report called attention 70
increased net earnings of so per cent
over the previous year, also to increases
OF 20 per cent in deposits, very nearly
100 per cent in cash reserves and over
100 per cent in secondary reserves, with
NJ bills payable or rediscounts.
Following the stockholders meeting
the board met for Reorganization, re-
electing all officers, as follows: John
E. Fowler, president; G. T. Merchant
and NJ. E. Church, vice presidents: Alan
B. Prosise, cashier; H. r. Thomas, Sec
rotary and trust officer, and william
G. Cloth, counsel
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-16
NEW YORK COTTON

NEW YORK, January Is Especially -
Opening cotton prices today were to Z
points higher, with most of the support
coming into near months. The feature
again was the lack of contracts. This
was considered surprising in view of
was In very small volume.
Opening prices were: January, old,
1913, up s: January, new, 1907, up 4;
March, 1919, up Q; May, 1913, up q:
July, 1885, up 8; October, 1910, up Q;
December, 1896, up 8.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-16
RUBBER STOCKS INCREASE.

NEW YORK, January .16 Op).-Stoeks
OF crude rubber on hand In the United
States December 81 amounted to 203, =
221 long tons, the highest ON record.
against 189,925 on November 30 and
los, 1877 on December 81, 1929, the RUB
Der Manufacturers Association reports
Crude rubber afloat for United States
ports was estimated at 56,035 tons as
of December 81, against 52,558 tons
November 80 and 62,388 tons Decefris
Der 81, 1929. Consumption of crude
rubber in December totaled 81 ,493 tons,
against 23,479 in November and 1881
in December, 1899. Consumption in
1880 totaled 372, 62S tons, against 469,-
805 tons in 1929 and AL 1888 in 1928.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-16
PARIS BoURSE PRICES,

PARIS, January 10 Cp.-Tradine
was dull and prices were heavy on the
Bourse today.
Three per cent rentes, s6 francs IS
centlmes Five per cent loan, 1O2
francs 30 confines.
Exchange on London, 1913 francs 40
confines. The dollar was quoted # 81
francs 521z centinles.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-16

that Of year ago. 1t was asserted
that big shorts both in May and July
wheat had evened up their accounts
and that attempts to unload stable
holdings would mean new declines.
Corn ana oats syfnpathized with wheat
Weakness
Provisions were steadied by a rise in
hog values.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-16
WESTERN MARYLAND RwY.

BALTIMORE, January Is Especially -
Estimated earnings OF the western
Maryland Railway Co. for the week
ended January totaled $268. sos .66
compared with $780,, 0I3.22 in the corre-
spending week a year ago, decrease of
$34,504.56, or IL per cent. Coal and
coke freight showed an increase Of 81 :
9S5.BT, however, and miscellaneous
freight gained s2,12f.35.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-16

Pitburghsteel production
Cleveland-Increa
production increasing many thousands Of men
part-tme
trade especially cotOns ana silks better steel
capacity increased; plates
NEUTRALITY-SUSPICIOUS. OPP
industry
Lousvfslght improvement Spring jobbmg optimism;
building slack
DauthNinins
MinneApolB-Snsht improvement, activity
PaulImmediate active
ahead $780,
Des MonesBundng manufacturing
cradle unemployment.
retail trade snow or
omahaTravsrs helps retailing
clothing
St Lousalesmen slight
fair
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-16
INTEREST RATES.
By the Associated Press.

By the Associated Press.
Call money officially receded TO the
lowest point in the present depression
last week after registering strong rise
during the prior period. In the totals
that follow the average rate for both
classes of funds is given for comparable
periods. based on calculations by the
Department OF Commerce:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-16
Trade Reports at a Glance
~ the Associates Press.


Tabloid review of business wholesale bbng
trade the retail trade and manufacturing industry well the
collections reported
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-16
NEW YORK CURB MARKET
STOCK ana

Note-An stocks are sold in one hundred-share lots
excepting those designated By the letter 0s) (250s)
which shows those stocks were sold In cd lots
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-16

Panama plans . tax "a imported soft
drinks. -
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-16

Received by Private Wire
Direct 70 The Star Office
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-16

Electric Com
pany has a relA-
lively SIN all
amount Of sub
sidiAry company
obligations. the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-16
@sILvER QUOTATIONS.

NEW YORK, January 1s H1.-Bar
silver, 1914.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-16
BONDS.

copyriEht. 1881. standard Statistics co.,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-16

Nw--With WAfAGts.
wwFitnout Waffant3.
n--New.
W-Whsa issued.
The Washington times., 1931-02-26
MEAL
LISTS SPINACH

This information of how to get
along on less money for food
each week isn't recommends
ton to cut down on the weekly
allowance, but is does seem that
one might get along with a re-
duced sum by watching the daily
cheap menus appearing in this
paper.
The Washington Times today
publishes the fifth Of a series of
menus which cost over $7.17 a
week for q family Of four, and
$3.50 a week for five, including
three children between the ages
of 2 and IA years.
Figured By Experts
Devised by domestic science
classes at Eastern High School
under the SUPERVISION of Mrs.
Catherine Anderson and Miss
Esther Jones, instructors, the
menus are based on a market
list compiled by the Bureau of
Home Economics of the United
States Department of Agriculture.
Although the meals permit a
maximum expenditure Of only 27
cents a day for each person, they
allow for generous portions Of
food. Each family may consume
whole loaf of bread at each
meal, and there is provision for
eight potatoes for each meal un-
der the $3.50 menu.
Though many have a dislike
for spinach, in these days of
high food prices it is a delicacy.
However, on the $3.50 menu there
is provision for creamed spinach
au gratin for lunch.
Whole Wheat Favored
Breads and biscuits made with
whole wheat flour are much
higher in mineral and vitamin
content than those made with
white flour. Mrs. Anderson sug-
gests whole wheat biscuits. Pre-
pared with one and half cups
of white flour and the same
quantity of whole wheat flour.
the biscuits are particularly
healthy.
For the salmon loaf on both
the menus, only one can of sal
mon is necessary. The cream
sauce is prepared in exactly the
same way as the sauce for the
spinach.
The Washington times., 1931-02-26
KENS|NGTON IS
ASSURED NEW
HIGH SCHOOL
County Leaders Back Change
in Light Of Developments
in Courses in Business

SILVER SPRING, Md, Feb. 26.
The much agitated subject of
placing a high school in the
Kensington section has been def.
nitely settled by county officials,
who have decided that a tech
nical-businesS high school will be
built in that vicinity.
The purchase price of the site,
$4,000, was recommended Tues
day by the county commissioners
at their weekly meeting. The
building will be located on the
border of Rock Creek Park in
Montgomery County.
AS technical and business in
struction has grown rapidly in
county schools, the necessity for
consolidation of students pursuing
such courses has become pressing,
it was pointed out.
Kensington is the center of Sec
tional population and the nearest
point to more populous communi-
ties.
The Washington times., 1931-02-26
HEIRLOOM LOOT.
LAID To THREE

HYATTSVILLE, Md, Feb. 90
Charged with the larceny of, over
100000 worth of family heirlooms
and personal effects, three Ed
monston youths were bound over
to the grand jury today by Judge
j. Chew Sheriff.
Vernon Eaton. 10, G. P. o.
employe, is being held Oh a $500
bond for his alleged connection
with the larceny Of proN2rty from
the home OF Mrs. Mary E. Lang,
of EdmonSton, Nd, while James
Van Tassle and Merle Mercellot,
16 and ii years old, are free on
bonds Of $100 on similar charges.
Written statements of the three
connecting them with the alleged
houSebreaking and thefts we're
presented to the court by Miss
Pearl Boone, daughter of Mrs.
Lang.