davidaulloa/AmericanStories huggingface dataset:
Evening star., 1931-05-08
.H|GH-GRADE BONDS
ADVANCE SHARPLY
Government Securities Re-
Spond Quickly to Lowered
RediSCount Rate.
BY F. II. RICHARDSON.

Special Dispatch to The Star.
NEW YORK, May S.-High- grade
bonds advanced to new high levels to-
day in response to the cutting of the
New York Federal Reserve Banks re-
discount rate TO lla per cent. Liberty
fourth 4As. Liberty first 4hs and
Treasury 31ss were bid for in large
blocks at prices above their previous
best levels OF the year. Municipal bonds
rose to record high prices, with New
York State As quoted above $40 per
cent yield basis and short-term munich
pals selling at price to yield as little
as per cent.
recent offer of $50,000,000 in 9l-day
bills were oversubscribed nearly six
times. The average rate OF the olos
accepted was e9701, equivalent on
bank discount basis to about lib per
cent per annum, a new high record for
this type of Government security.
At the same time. junior corporation
bonds. which has advanced under spec
ulative accumulation on THURSDAY III
anticipation of broader demand, were
neglected, though prices held firm or
advanced fractionally. Prime corpora
ton issues were higher, but the gains
were widest and the demand most ac-
tive where the maturity or call date
was within four to five years.
In other words, the reduction OF the
bank rate, like its predecessors in TINS
market, has merely accentuated the
scarcity value of prime investments
without doing more than invoking q
speculative interest in secondary ana
tertiary descriptions. Investors will not
be persuaded to buy bond currently
1ai irk1 Tyfo1
which fixed charges are barely covered
by earnings merely because the red1s-
count rates, time money rates and ylelos
on high-grade bonds have been driven
to record low levels. Some assurance as
to improvement In business and In
creased earnings is needed first.
Apart from Government and munich
pals, the type of bonds most in demand
today were Great Northern rs, which
mature in FIVE years; AlltS Chalmers 5s.
maturing in six years; American Water
Works 81 Electric IS. which mature in
three years. General Motors Accept
Minneapolis, St. Paul & Sault Ste.
Marie first As. which mature in 1888,
and Western Union 612s, which are due
in five years.
The new capital market was again
quiet, with only about $4,000, 900 Of
new municipals offered. OF this total,
S15,547,0 900 consisted of Westchester
County 3la and 3A per cent bonds Of
fered at prices to yield ESQ to $50 per
cent, according to maturity They were
quoted at small premium.
In foreign dollar bonds the money
influence failed to work any improve
ment except in the highest type of Sc
curities, such as Great Britain 512s,
French Is Belgium 6s and Japan 512S.
Brazilians started of 3 to 4 points
higher on rise in coffee prices, but
later reacted on English selling. Ger
man issues we're steady to fractionally
higher.
Copyright, 1917
Evening star., 1931-05-08
WOOL DEALERS FIND
MARKET DIFFICULT
Only Moderate Business Reported
in Review Of Weeks
Activities.
By the Associated Press.

By the Associated Press.
BOSTON, May S.-The Commercial
Bulletin tomorrow will say:
Business is being done in moderate
way more or less steadily on woods
grading down to Quarter-bloods in
worsted descriptions at prices which
show little change for the week. Deal
ers find it difficult to turn the new
wools at a profit. Scoureds have been
rather slow and prices barely firm.
"In the West the movement of wool
generally has been slow, with prices
about the same for the week. The week
has been rather featureleSs in the West.
THE foreign markets have been
barely steady for the week, London be-
ing slightly IN buyers favor, as have
also the primary markets.
"The manufacturing situation here is
healthy. Mills are better sold ahead
than for many months, but complain
Of the difhculty of making any money,
and frequently they have sold goods at
'Mohair is hardly changed. with
adult Texas quotable at 1925 cents in
the original sacks.
"The rail and water shipments OF
wool from Boston from January /, 1881,
to May 7, 1881, inclusive, were 45,363.-
600 pounds, against 48 ,223, 900 pounds
for the same period last year. The re-
ceipts from January /, 1881, to May 4.
1881, inclusive, were 56,903.7 700 pounds,
against II ,652 500 pounds for the same
period last year."
The bulletin also will publish the
following quotations:
Ohio and Pennsylvania fieeces-De-
laine. unwashed, 25a26; one-half blood
combing, 25; three-eighths blood comb
ing, 22a23; one-quarter blood combin-
ing 81.
Michigan and New York fleeces-De-
laine. unwashed. 23a25; one-half blood
cornbing. 23a24: three-eighth blood,
22a23: one-fourth blood, 81.
Wisconsin, Missouri and average In
diana and New England-One-half
blood. 2Oa2l: three-eighthS blood, 21a22;
one fourth blood, 20.
Secured basis:
Texas-Fine IL months (selected).
60a63; fine short, IL months, 58a60:
fine 8 months. 55a57.
California-Northern. 52a53; middle
county, 50a51: southern. 50a51.
Oregon-Fine and +. m. staple, 60a62:
fine and I. m. fr. combing. 58a60; fine
and I, m. clothing, SASS; Valley No.
], Sass
Territory (scoured basis):
Montana and similar fine staple,
choice, 63a64; one-half blood combing.
57a5S; three-eighths blood combing,
47a5O; one-fourth blood combing, 43a45.
Pulled-Delaine, 73a75; AA, 70a73;
fine A supers. 63a68; A supers, 58a63.
Mohair-Domestic. good original bag,
Texas Spring. 24a27; good original bag.
Texas kid, 45a50; Arizona and New
Mexico, 25a26; Oregon. 27a28.
Domestic graded-F1rst combing, 81;
good carding. 23a25.
Cape Winter f1rsts. nominal, 20a2l;
Summer firstS, 25: Cape Summer kids
45a47: Turkey. fair average, IS Tin
bond).
Evening star., 1931-05-08
BOND ISSUES o5 PCT.
OF APRIL Financing

Corporate stock and bond financing
in April totaled $376, 900 ,00O-a slight
increase over the March figures, ac-
cording to Standard Statistics. AS in
the preceding month. bond issues OF
1861, ,400,0 900 made up more than 95 per
cent of this total. Offerings OF pre-
ferred stock were the smallest for any
month so far this year. amounting to
cnly $8,30O,000. Common stock issues
totaling $6,200,000 increased over the
March figures, but are still substan-
TALLY below those of any other recent
month.
Evening star., 1931-05-08
3S CHAIN STORES
HAVE APRIL DROP
"a
Aggregate Decline in Sales
From Last Year Placed
at 400 Per Cent.
BY the Associated Press.

BY the Associated Press.
NEW YORK. May 8.-April sales Of
80 chain store companies, including
three mail order concerns, aggregated
$2l0, ,906,84T, a decrease of 4.09 per cent
from 1896 967 reported by the same
companies in April last year. Figures
for the mail order concerns alone
showed a decline of 9.74 per cent 10
$52,580,4 q compilation by Merrill,
Lynch & Co disclosed.
Sales of the 80 companies for the
first four months this year aggregated
$738, ,358,864, a decrease Of SIC per cent
from figures for the corresponding
period of 1880. Excluding the mail or
der concerns, IS companies had sales Of
1857, ,974,3l0. a decrease of per cent
from S575.256. .062 reported last year.
Companies reporting today included:
Safeway Stores April sales $l7,951 ,80S.
compared with $18.325,007 last year.
-Four monthes, $6s,657,71l, against $72,-
S29, ,43O.
Macmarr Stores April sales $e,5s6. .6e6.
against $7,10e,222 last year. Four
months, $25,503, ,SsS. against $2e,743,l5
last year.
Daniel Reeves, Inc, April sales 81
3I0.e26. against $3,6Io ,53S. Four months
$12,o34,372, against $l2,936.46l.
Evening star., 1931-05-08
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS

By the Associated Press.
NEW YORK, May 8.-The following
Is summary Of important corporation
news prepared by the Standard Sta
tisticS Co., Inc, New York, for the
Associated Press.
News Trend.
Aggregate retail sales of SO chain
systems, including three mail order
houses, in April were 400 per cent below
the same period of last year. The three
mail order houses together aggregated
sales 9.74 per cent below last year. Al
though no directly comparable compila-
ton Of sales for the identical systems
last month is available, 1t Is OF interest
to remember that March sales OF 80
systems, including three mail order
houses, were as per cent under March,
1880.
Brokers loans in the week ended
Wednesday showed another drop, this
time amounting to $3l ,000, 900. and
brought the total Of loans to 81 ,699 900, :
600, the lowest since November, 1924.
OF this total, loans by reporting MEM
Der banks Of the Federal Reserve Bank
Of New York for their own account rose
$25 10000 while loans for the account
OF out-of-town banks fell $50, ,o00, ,oOO
and for the account of non-banking
lenders fell $26,000,000
Two developments of interest appear
In the railroad news. The Governors
Committee set up TO determine policy
|'for the railroads of New England has
recommended that the interest OF the
Pennsylvania in both the Boston q
Maine and the New Haven be cut, anc
subsequent thereto that the two New
England roads form unit divorced
from any trunk@line control. Carriers
in another part Of the country will b'
affected by a temporary injunction
secured against enforcement of the or
der OF the 1. c. c. reducing grair
| freight rates.
The Companies.
Baldwin Locomotive Works April con-
solidated shipments 81 ,433, 900. againsi
| 5,342 900; four months, $7,261 900
against $l8,l54 900; business booked II
April, $1,l30,000, against 1881 900
four months. $6,667 900, against SIS.
5ll 900; unified orders April 80
| IS, ,625 900.
Central Hudson Gas g. Electric 1885,
SO cents adjusted for split up OF stocl
Exchange Buffet April sales of II
per cent, IL months of 1888 per cent.
Hall CW. F. Printing 1891 sale
volume estimated about Sl,500,O0'
above 1880.
Lane Bryant April sales up pc
cent; four months up 1T per cent.
MacMarr Stores April sales of T..
per cent, four months of ll.2 per cent
| Midland United Co.-581 900 share
common stock to be offered at market.
National Tile Co. March quarter def
cit S45,7l4 against net income, $32, ,43l
equal TO 81 cents common share in 1896
Daniel Reeves, Inc, April sales OF
s.3 per cent; four months OF 2 pc
cent.
safeway Stores April sales OF 2 pc
Evening star., 1931-05-08
WESTERN MARYLAND'S
REVENUE DECREASES
Special Dispatch to The Star.

Special Dispatch to The Star
BALTIMORE, May S.-Western Mary
land Railway revenue for the week end
ed April 80 totaled s399,214.57, COM
pared with $44S,773.41 in the corre-
spending week last year. a decrease Of
$49,558.s4, or IL per cent.
For the four weeks OF April revenue
totaled $l,282, ,838.09, as against $1,460,-
1850 in April last year, decrease Of
$177,978.21, or IL per cent.
Evening star., 1931-05-08
CHICAGO POTATO MARKET.

CHICAGO, May 8 (E).-Potatoes, 66;
on track, 2l9: total United States ship
ments, s42; old stock flrm: trading
fair; sacked per cwt., wisconsin
round whites, l35al. 40: few l.25; fair
quality; Idaho Russets No. /. Local .6S;
new stock weak; trading slow; Texas
sacked Bliss Triumphs No. /, 2.9oa3.00:
few fair quality. 2.75; Florida barrel
Bliss Triumphs, fine quality, 5.35.
Evening star., 1931-05-08
Loan Negotiations End.

PARIS. May 8 CR).-Negotiations for
a loan to Jugoslayia to permit stabiii-
zation OF the dinar are about TO be con-
Guided, the finance minister announced
today through the Havas News Agency:
The loan is backed by a group Of
French and foreign bank and more
than half Of the issue viii be fioated in
the French market.
Evening star., 1931-05-08
RUBBER MARKET.

NEW YORK, May 8 (SpeciaD -
Crude rubber, smoked ribbed sheets, was
"a cent higher at today's noon quota
ton OF 62s cents This compares with
6% a month ago and IA cents q
year ago.
Evening star., 1931-05-08
Train Gives Phone Service

BERN (E1.-Employes of the Swiss
Federal Railway now transmit tele-
phone messages given them by travellers
on telegram form. The message is
telephoned by a railway offlcial at the
station nearest to where the message
was given.
Evening star., 1931-05-08
my GOODS MARKETS.

NEW YORK, May (SpeciaD Got
ton goods markets were fairly active
today Print cloth quotations were un-
changed at for 64x60s and at 534
for 68x72s. Raw silks were quiet and
unchanged.
Evening star., 1931-05-08
Australia Raises Embargo.

CANBERRA, Australia. May 8 RD.-
The Australian government today re.
voked the order of October, 1880, which
prohibited the Importation CT galvanized
iron and steel plate and sheeting.
Evening star., 1931-05-08
TREASURY STATEMENT
BY the Associated Press.

BY the Associated Press.
Treasury receipts for May were
64,57S, 1859; expenditures. $46,73
5O3.19; balance, 1854 ,274, ,002.97. Gus
toms receipts for the month to the
close of business May 6. $6,235,176.04.
Evening star., 1931-05-08

Last year 22R acres were added to
.lle space set apart for sports and games
in the Royal parks of England, and
nearly four acres were added for the
construction Of boating and padding
pools,
Evening star., 1931-05-08
SHIPPING $1o,ooo,ooo GOLD.

NEW YORK. May (Al.-The Bank
OF the Nation of Buenos Aires today is
shipping Si0,0O0,000 in gold to New
Yc..: on the steamer Southern Cross.
Evening star., 1931-05-08

The new History st. Elizabeths Hos
pital in Chicago has radio In every
room.
Evening star., 1931-05-08
Washington Stock Exchange

Washington Gas IS "B"-s5Oo at 106.
Capital Traction Colo at "a, 10 at "a.
Columbia Sand &, Gravel pfd.-10 at 80.
AFTER CALL.
washington Gas 6s "A"-S1 900 at 103.
Bid and Asked Prices.
RONDS.
Evening star., 1931-05-08

1890 AM....... 100000 1900 Noon. 900. 700 600
1870 PM....... 1905 600 2:I0 PM 100000
Dividend rates table are the annual
cash payments based the latest yearly
' -
M Unit Of trading less than tPary extra tPlus
4% In STOCK tPayabe
regular rate PAYABLE IN stock PAYABLE
az stock Paid this
Evening star., 1931-05-08
BONDS.
PUBLIC UTILIT,

Barber a. Ross. Inc. 6i7S...... 50 49,.
Chevy Chase Club 5l2s. ...... l0l
Columbia Country Club 5laS.... 100 lo2
D; Q; Paper Ms. IS. s:.......'' SO oO
"; Wash N. cSna CorS sTHIess Tfse s...: 100
Imperial Valley press., 1931-06-15
Return of the Hope Chest
By BERTHA ANNE HoUcK

aNKLE-LENGTH skirts swish
"A down theater aislcs, into
restaurants and along the
avenue. Waist lines and long hair
hail the return OF the romantic
fashion and women 60 feminine
again.
As style is an expression OF So
cial tendencies. we may be sure
that femininity goes deeper than
peplums and capes. Witness, for
example, the return of the hope
chest. A job attracts the miss OF
1880 less than a husband. so with
characteristic ear-sightedness, she
prepares for marriage. And as the
linens and pretty personal things
must have a fitting storage place
while she is collecting them against
the happy day, she selects a hope
chest (though she may not call It
by that Victorian appellatiOn) to
decorate according 70 her means.
Some years back this would have
inevitably been a cedar chest in
a natural finish, but styles in such
things change and the rather in
truding color OF natural cedar gives
place to the more subtle colors OF
paint and the softer tones OF other
wood finishes. But perhaps this
modern young lady falls heir to an
old-fashioned cedar chest. The
Imperial Valley press., 1931-06-15
Wild Goose Chase
Made By Sheriff

Reports that a bad Mexican had
been stealing money and small ar
ticles from other Mexicans on Ed
die Arkalian's ranch near Bonds
Corner, and Saturday morning
threatened to kill some of the other
Mexicans. Saturday night sent
Sheriff George L. Campbell and
George Evans, deputy, on a search
for the bad man.
Leaving the sheriff's office at 9
O'Clock Saturday night, the officers
proceeded to the ranch. where they
were met by Arkalian. A thorough
search failed TO reveal any bad man.
AT another ranch the officers and
Arkalian found a man who knew
the assertedly bad Mexican, but a
search of that ranch also failed to
give any clue.
Warming to the search. the four
men went on to a reputed desert
hideout of the Mexican. There, ac-
cording to the sheriff's report, they
found not even yellow dog or a
black cat. Campbell and Evans re-
turned empty handed to the sher-
iff's office at 2 O'Clock Sunday
morning. fs
Imperial Valley press., 1931-06-15
CAREFUL PLANNING REQUIRED
IN FURNITURE ARRANGEMENT

able chair should be near a window
for reading or sewing, and also
near a table which holds lamp.
Pianos and desks also require good
lights, while a couch requires a
quiet light for resting.
The lines of passage in a room
should not be overlooked. A table
IN the center of the room always
interferes. The opening of doors,
and access tc stairs, the fireplace.
or bookcase. or the passage from
one part of the room to another all
lay their part in the traffic laws
regarding furniture arrangement.
Each room is a study in itself,
but the same principles apply to all.
Arranging. and re-arranging with
the idea of balance in mind is the
only way TO solve the problem. This
frequently has to be done several
times and pieces sometimes have to
be removed or new ones added.
Making a small scale plan indi-
eating windows, doors and built-in
features aided by small cut-outs
representing furniture will be found
a great help in re-arranging any
room.
Imperial Valley press., 1931-06-15

fragrant preserving properties of
cedar are very desirable SO she can
easily and attractively refinish it
with a priming coat and several top
coats of enamel or lacquer. In the
case of bare cedar wood. it is first
necessary to brush on two coats of
pure white shellac to seal the oil
in the wood before painting.
The process is the same for fin
ishing unpainted chests OF ordinary
wood as for cedar, omitting. how
ever. the sheliac. Lining. stripping,
stenciling and decalcomaaia trans
fers are used TO decorate painted
chests. An antique finish may be
put on over any OF these decora-
tons by applying a clear glazing
liquid. Before it has dried. raw UNI
Der is put on in irregular spots and
the surface blended with cheese
cloth. The antiquing should be
heavier around the edges of the
chest than in the center of the
panels.
To make the unpainted chest
conform to natural finished furni-
ture it may be stained in the de-
sired finish and vanished FIRE.
quently it is decorated to simulate
an old carved chest by gluing on
wood veneer carvings before the
finish is applied.
Imperial Valley press., 1931-06-15
THE HOME BEAUTIFUL
HERE ARE HELPFUL HINTS OWNERS
HOLTVILLE WOMAN
WINS FIRST PRIZE
IN DAIRY CONTEST

Following is the list of prize VIM
ners in the dessert contest which
has been conducted by the e. Cen
tro Chamber of Commerce in con-
nection with its campaign TO in
crease the use of Imperial Valley
dairy products: first prize. Mrs.
George H. Mills. Holtville; second
prize. Mrs. Edna Clements, FL Gen.
tro: third prize, Mrs. 1. S. Mauseth.
El Centre: fourth prize, Mrs. Earl
Y. c. Northrup, FL Centre: fifth
Prize. Mrs. Paul F. Nichols, FL Cen
tro. sixth prize, Mrs. j. Claire Nc
Eyoy. Brawley; seventh prize. Mrs.
". Hampton Jones. Ell Centre:
eighth prize. Mrs. j. l.. Belts. West
rnorland. The other 10 prizes were
awarded in the following order:
Mrs. Douglas Teel, Brawley; Mrs.
Tom Landreth. El Centre. Mrs.
Pauline Woodburn, Westmorland,
Mrs. c. L. Humiston, Holtville; Miss
Helen c. Bright, El Centre; Mrs. F.
l. Mallory, Brawley: Mrs. C. E.
Forsberg, Holtville; Mrs. c. E.
Daily, FL Centro; Mrs. Peter A.
Millar, Westmorland and Mrs.
George P. Fleming. Ell Centro.
The judges, Miss Florence Glenn,
county home demonstration agent;
Mrs. Grace P. Williams, home econ
omicS teacher of Central Union
high school and Mrs. G. S. Thatcher
of the executive board of the Wom-
ans Ten Thousand club, based their
decisions on whether or not the
desserts were to be chilled or frozen
in electric refrigerators or ice box
es. amount of fresh milk or cream
used in dessert, expensiveneSs and
effort involved in making dessert
and proportions of sugar, eggs and
other ingredients to amount of
liquid. necessary for a satisfactory
recipe. The object of the judges
was to choose good recipes which
would be practical and reasonable
for the average family of moderate
means.
The prize winners are asked by
the contest manager of the El Cen
tro chamber to call at the individ-
ual stores for their prizes which
we're donated by FL Centro mer-
chants as follows: first and second,
$40 and IS, respectively. El Cen
tro Chamber of Commerce; dinner
set. I. v. Hardware Co.: fourth.
500 pound book of ice tickets, I'm
perial Ice and Development Co.;
fifth, enamel vegetable dish, Valley
Auto Supply; sixth. enamel vege-
table dish. General Electric Co.;
seventh, set of ice box dishes.
Schrnitt Electrical Co: eighth, set
of mixing bowls, Edgar Brothers
Hardware. The other 10 prizes are
refrigerator water bottles and may
be obtained from Frigidaire Sales
and Service Co.
Imperial Valley press., 1931-06-15
BY MISS FLORENCE GLENN
Home Demonstration Agent

/ Arrangement Of furniture is the
most influential factor il determin-
ing the restfulness. charm and easy
care Of a room, and should be as
carefully planned as the background
or color scheme. What is to be ar
ranged is not nearly SO important
as how it is to be arranged. The
shape and size Of the room. the
position Of doors. windows, the fire
place or other heating unit. the
built-in features such as bookcases,
china cupboards, etc, help
TO determine the arrangement. Ev-
cry room has certain spots that are
natural focal spots. The fireplace
and wide wall spaces are the most
important Usually the fireplace is
the center of interest, and the wide
wall spaces hold the most import
ant pieces of furniture. These are
worked from, for balance in height
and size, and are used for the most
important groups.
Creating an impression Of rest
fulness and space is the aim in
view in the study Of balance and
arrangement. Balance means the
equal distribution of emphasis. for
example, too many large objects
placed on one side Of the room with
out enough on the opposite side.
for instance, piano and couch or
bookcase on one side, with a small
table and chair on the other give
an unbalanced tipped up" appear
ance to the room. To balance such
an arrangement use a larger chair
with small table, and have the
group near a window which has
dark draper The drapery in this
case gives height and strength to
a small group competing with heavy
pieces on the opposite side of the
room. To further remedy such an
arrangement. the couch may be up
holstered with a very neutral toned
fabric which harmonizes with the
background. and the cushions har-
monize with the drapery.
Large pieces Of furniture make
the room appear more spacious and
restful when placed parallel with
the walls. When piano is drawn
across one corner and a large table
across. another, and the chairs.
mostly rockers, are placed at every
conceivable angle the rooms appears
small and cluttered with too many
pieces. When in reality there are
not too many pieces and when re-
arranged the room appears sur
prisingly large. There should be
an orderly relationship between the
lines of the furniture and the lines
Of the room. Unless furniture is
related by grouping as well as by
color and tone, there is an unrest
full. disjointed feeling about the
room. Naturally objects related by
use are drawn together in groups
and the placing Of such groups is
governed by light and lines of pas
sage.
Consider what a piece Of furni-
ture is to be used for and what
other piece or accessory should be
used with 1t to promote comfort
and convenience; then bring them
together. For instance a comfort
Imperial Valley press., 1931-06-15
Youth Injured In
Mountain Crash

John Sadler of Imperial suffered
several broken ribs and possible IN
ternal injuries in an automobile &C
eident yesterday afternoon on the
san Diego highway. q mile and a
half west of Jacumba.
Bill Tackett. state traffic officer.
arrived at the scene Of the acci-
dent shortly after it occurred, but
turned his report over TO San Diego
county officers.
Riding with Sadler at the time OF
The accident we're William Gott of
El Centric and two other youths.
Sadler was injured when his car
struck soft dirt on the side of the
highway. skidded into rock pile,
and overturned. Sadler was brought
to the El Centre hospital.