davidaulloa/AmericanStories huggingface dataset:
Seward daily gateway., 1931-02-24
PULNER 0F|IuNEAu ..
 DROPPED .QEAD SUNDAY

JUNEAU, Feb, 23. (Fjl L-ee Pulver, who recently was bequeath- ed the estate of the late Emery Valentine, another pioneer ot Alaska, dropped dead while des- cending stairs to the furnace room of the Valentine Block.
 He was about 50 years of age,
 His only known relative is a niece believed to be residing in New York State .# #..##
Seward daily gateway., 1931-02-24
AMERICAN WOMAN
 GOLFER BEATS BRITAIN

PALM BEACH, Florida, Feb. 24. P)-Helen Hicks scored an in ternational golf victory by defeat ing Diana Fishwick, British cham pion six up and five to play in the semi-finals of the Florida Women's Championship. Miss Hicks will play Virginia Van Vie in the finals. Miss Van Vie down ed Miss Peggy Wattles by five and six.
Seward daily gateway., 1931-02-24
HUGE BUDGET DEFICIT

. LONDON, Feb. A, (R, Sir Philip SnoWden, Chancellor of Ex- chequer, brought the seriousness of the country's financial predica- nent to the attention of the La Dor party when at a. meeting of parliamentary members he in dicted that the next budgets de- ficits would run between 200 and 250 million dollars.
Seward daily gateway., 1931-02-24
s2,0O0, 900 IN FABRICS

LONDON, Feb, g, (R The Lan- cashires Cotton Industry launched a most ambitious plan to advertise itself and sell it's products all over the world with the opening of the first National Cotton Textile Rx- hibition in the presence Of Queen Mary and throngs of buyers from all over the world. Two million dollars in cotton fabrics were dis played.
Seward daily gateway., 1931-02-24
s5.OOO.OO FUR CONTRACT

LONDON, Feb, B, Fitting ton Schild Co.,, American dealers in furs, announced completion of contracts with the Soviet Govern ment for the purchase of s5,0OO,O ,OO0 worth of pelts. The deal was ar- ranged with the knowledge of the Washington government, it is said.
Seward daily gateway., 1931-02-24
CONSTRUCTION 0F
 ... A|RsH|P BASE, SOON

WASHINGTON, Feb, g, (P- Immediate construction of the Sunnyvale navy airship &se will follow if Congress accepts the views of the naval subcommittee of the House appropriations com mitte.
 In accordance with the views of President Hoover, an appro- priation of $2,5OOoOO will be made for the immediate construction of the base.
Seward daily gateway., 1931-02-24
BARRED FROM TEAM

LONDON, Feb, 23, tP-Henry Cotton, British golf professional, was barred from competition with the Ryder Cup Team because Of his announced decision of making a tour of the United States separ- ate from the team in contradiction of rules
Seward daily gateway., 1931-02-24
SECRETLY MARRIED

NEW YORK, Feb, 23, lP-C. Farrell, idol of film fans, and Vir- ginia Valli, also noted film star, were married secretly last week by Protestant minister. They were reported to have sailed for a European honeymoon on the SS Augustus.
Seward daily gateway., 1931-02-24
KEEPING HIS PROMISE

WENATCHEE, Wash.- " Feb, XXI, (PJ-Ole .Eielson, of Hatton, N- D., father of the #late Col Carl B. Eielson, said today he would leave soon to visit Alaska to Keep his promise, made When his sons body was found, that he would return to the North- He has been here tor several days visiting his daughter, Adeline4 a sch0ol teach- er. H..#.4
Seward daily gateway., 1931-02-24
FLOOR TO FLOOR

NEW YORK, Feb. A (R - Two bandits who held up a jeWelry store on the upper floor of a Fifth Avenue skyscraper were cap tured when loo policemen sur rounded the building and made a floor to floor search.
Seward daily gateway., 1931-02-24
FINISH MATCH

EAST LAKE COUNTRY CLUB, Atlanta, Georgia, Feb "A. [H') - Bobby Jones and Johnny Golden, Connecticutt professional, finished their exhibition match here with Gene Sarazen and Horton Smith, Nesw York professionals, a II square after 18 holes.
Seward daily gateway., 1931-02-24
TOWN BE RAZED

H QUEBEC, Feb A. (P) The town of Asbestos, with a popu- lation of more than 5000 is to be razed because engineers have found that the best leads of a great asbestos mine run under it's main land.
Seward daily gateway., 1931-02-24
Nor .s PINEAPPLE CITY

SOUTH BEND. Indiana, Feb "A. --'tNsw York, not Chicago is the center of the American nations crime,r Major Smedly ID. Butler, of Mussolini apology fame told the Knife and Fork club, in an address here.
Seward daily gateway., 1931-02-24
APPOINTED CHAIRMAN

WASHINGTON, Feb, 24, (R)- Halcombe Ward of New York City was appointed chairman of the l931 Davis Cup and International Play Committee by President Car ruthers of the United States Lawn Tennis Association.
Seward daily gateway., 1931-02-24
UzINKIE MAN DIES

KODIAK, Feb, A. Special to The Gateway-Fred Squartsoff of Uzinkie, who fell from a cliff near Uganik, died here this morning as the result of a broken rib coupled with tuberculosis and an attack of influenza.
Seward daily gateway., 1931-02-24
SUFFERED RELAPSE

SYDNEY, N. s. w, Feb, g, R)- Madame Nellie Melba, ia m ou s Prima Donna, suffered a relapse and is reported in a grave condi- tion.
Seward daily gateway., 1931-02-24
TELEGRAPH BREWT|ES
RUM BOAT SINKS

NEW YORK, Feb, 24, 1.-The rum boat La Esqerance with S4O,- 0CO worth of liquor aboard my ateri0usly sank in waters off Gravesend Bay after the Coast Guard captured her
Seward daily gateway., 1931-02-24
NTyN vnPK EtaN 0d

NEW YORK, Feb A. (P)
 Frank A. Vanderlip, former presi- dent of National City Bank has made between $3,0OOOOO and $5,- 900, O,0OO on shares of Auburn Auto mobile stock. # ..H .
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-25
INCREASED BUSINESS
VOLUME PREDICTED
BY EVERIT b. TERHUNE.

Do you believe that the present
volume of merchandise being dis
tributed is the result of low prices?
Not entirely. Price is seldom the con-
trolling motive in purchase.
What has developed this volume.
then?
Starvation Of desire. People will no
longer deny themselves. And, as we
add more confidence to our diet, be-
lieve that the volume of business will
increase at an astonishing rate
What will be the trend in mer-
chandise prices?
There is a definite necessitv for their
increase.
What effect will this have on yoIumep
The important thing always is profit.
not volume. Increased prices will en-
able many merchants and manufac-
turerS TO steer their course aWay from
the dizzy precipice of bankruptcy.
But isn't 1t true that we need volume
to give employment?
Not at the expense of solyencv,
Wages to sustain buying cannot be paid
Indefinitely by firms whose balance
sheets are written in red ink.
Have we definitely reached q turn in
business?
There is little question of it in my
mind.
How rapidly will the pickup come?
Just as rapidly as confidence can be
transmitted to the great consuming public
by assurance that there will be Jobs and
work Leadership has been provided.
way.
copyright by United Business Publishers
Bureau of EconomicS)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-25
BY JOHN L. COOLEY,
Press Financial Writer.

NEW YORK, July 25.-Between Mid
summer dizziness in home industry and
the perplexitieS of affairs abroad, the
financial markets returned largely mega
tive results this week.
That Wall Street was neither de-
pressed nor stimulated by the results Of
the London Conference was evident
from the fact that in three out of five
trading sessions stock sales fell below
the status quo which, the powers de-
cided, was the best immediate course to
be followed in the German credit stu
alton.
Bonds Lower.
Bonds were more sensitive German
issues turned downward when 1t became
apparent that no additional aid was to
be given the Reich at this time. Latin
Americans were also heavy. incidentally,
there has been no renewal of the gos-
sip, current a few weeks ago, that a
helping hand was to be preferred some
of the Southern republics.
Bankers were a little disturbed when
at first glance it seemed as If the Lon
don agreement inferred freezing" Of
German credits, but it developed that
only requests" in this connection were
to be made. The large banks have a
gentlemen's agreement to maintain the
credits, and this apparently to stand.
However it was quickly pointed out that
a radical change in Germany'S circuln-
stances might necessitate a revision Of
present arrangements.
Wall Street took the stand that the
statesmen at London did all that could
be done in view of the opposition in
this country to an immediate large loan
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-25
BY CARLTON A. SHIvELY.
Special Dispatch to The Star.

OpeCtdl OlSpdbSI " 4hc SbaA
NEW YORK, July 25.-PreparationS
in Wall Street for reduction in the
United States Steel Corporations reg
ular ST annual dividend rate on the
common shares are now virtually COM
plete. AS stated in this column little
over a week ago, the better informed
already had seen the handwriting on
the wall and were taking it for granted
that cut would be made at the reg
ular directors meeting to be held after
the close of the market next Tuesday
afternoon. UnmiStakable hints OBJ
tanned by the press from authoritative
sources in the last day or two have
succeeded in making this information
general.
At the same time that dividend action
will be taken the directors will publish
the corporations second quarter earn
ings statements, from which it will be
possible to construct the first six
months accounts and to project the
earnings line pretty we'll to the end Of
the year. United States Steel is now
operating at a rate little better than
80 per cent of capacity, which is a
trifle better than the average for the
industry as a whole. Well informed
steel men do not expect important i'm
provement until the Autumn, when
they will be highly satisfied If opera
tions rise to as much as SO per cent
of capacity.
Lower Prices.
With prices as they are, no steel
company can earn any money for its
shareholders at even SO per cent opera
tons Last May President Farrell of
the Steel Corporation told the members
Of the Steel Institute that no steel
company was earning its preferred
stock dividend. Conditions have grown
worse since then. In the first three
months United States Steel. by alloca-
ting to profits the interest receipts on
tax refunds from wartime payments,
managed to show 5 cents a share for
the common. In the second three
months a very modest amount may be
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-25
STOCKS IRREGULAR DURING WEEK
PENDING ACTION IN CREDIT JAM

to Germany. 1t was hoped the ground
work for future constructive efforts had
been laid in the proposal for an inter-
national bank committee which will
study the German situation.
Bright Spots.
Seasonal influences are agSravatinp
the stagnation of some domestic induse
tries, and at the same time are helping
others. The notably bright spots at
present are textiles and leather. Auto.
mobile production has still to make its
Summers low. and steel is CROPPING for
the bottom The oil business has sue
ceeded in bringing down output, at least
temporarily, and this statistical i'm
provement is being accompanied nv
some advances in crude prices.
Commodity quotations, on the whole
have f1rmed. In Dun's list 70 Der cent
OF the weeks changes were advances
thus reversing the trend of the previous
week. 1t is encouraging to note" the
review said, that with nearly the same
number of alterations (42) as during
the comparative week of 1880, the ADJ
vances and declines stood in inverse
ratio advances this week at IS. whiIe
declines last week were 80"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-25
u. S. AND EUROPEAN
NATIONS IN DEFICIT
Net Loss in Operations Last
Year Estimated at
$1,612,931,860.
BY CHARLES p. SCHAEFER,
Associated Press Financial Writer.

The United States and the countries
Of Europe operated at net deficit
of $1,6l2,931 800 during their last year,
with this country holding the unen-
viable record of supplying more than
half the amount involved
The deficit of the United States dur
ing the last fiscal year has been an
nounced as 1908 000,0 900. A statement
prepared by the European section OF the
Commerce Department. shows is ma
lions reporting total deficit OF $734,-
$3.50, as against six countries report
ing grand surplus of $24,61l 900, with
Portugal and Norway not reporting
The former is expected to show a
deficit, to be counterbalanced by Nor
way, where a surplus is expected.
In the table that follows the budget
situation of the countries are shown
the European statistics being incom-
plete in some cases 1t must be remem-
bered that the position indicated may
be definitely altered when final figures
for the complete fiscal period are
made public:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-25
CURB PRICES DRIFT
! follower LEVELS
Trading Slows Down Consid-
erabIy as Whole List
Sells OF.
BY JOHN A. CRONE.

Special Dispatch to The Star.
NEW YORK, July 25.-After opening
dull and irregular. the curb exchange
today slackened its pace, while prices
dr.fted aimleSsly. Electric Bond q
Share shuttled back and forth within
a quarter point range. Cities Service
and Standard Oil of Indiana exhibited
even less of a price movement.
The f1atness of international Sc
curities. oullneSS of motors, lethargy OF
natural gas issues, and the conspicuous
let-down In turnover Of both petroleum
and pipe line shares were features OF
the trading.
Standard Oil Of Indiana was only a
fraction as active as 1t was on Friday,
when a selling movement. engendered
by dividend fears hit it for a net loss
of 234 points. Very few, even OF the
wer-priced miscellaneous oils, showed
any life.
public Service of Northern Illinois,
after a break of more than Is points
Friday, recovered about points In its
first few trades today. 1t was the only
higher-priced utility to be traded in
during the first hour
Woolworth, Ltd, common, which re-
Gently has been compelled to absorb
offerings from London. exhibited better
resistance powers today. From the
British capital came private advices
that the company was earning about
one dollar on the common, which is
expected TO go on a dividend basis OF
IS cents a share.
Heaviness in bank stocks was mir
rored in a slight decline in Chatham
Phenix Allied Corporation. Insurance
Co. of North America and Insurance
Securities eaSed.
Natural Gae shares were dull. with
losses and gains about balanced.
Western Air Express led the aviation
group in activity and width of 1uctu-
alton. American Airway was in
clined to softness while Irving Air
Chute braced. Fox Theaters A and
General Theaters preferred pointed
upward.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-25
CHICAGO LIVE STOCK MARKET

CHICAGO, July IS up Omitted
states Department of Agriculture) -
Cattle, 700 head; compared week ago
gram led steers and yearlings $3.50,
mostly so, higher; medium heavies and
grassy and short fed yearlings barely
steady; undertone weak; improvement
scored early in week having been
erased; early upturn on grass cows and
grassy short fed butcher heifers lost:
buyers discriminating against all grassy
Sne stock; in fact grassy descriptions
OF all classes Of cattle; bulls steady
ano Vealers steady to so higher; fed
yearling steers passed 900, reaching
S'!O: 1928 pound steers reached 8.65;
I,36O pounds, 8.35; heifer yearlings,
8.8o; bulk grain fed steers with weight,
$50.
Sheep-Receipts, 1000 head: today's
market nominal; for week, 116 doubles
from feeding stations, 5000 direct; COM
pared week ago, fat lambs around Is
lower; sheep and feeding lambs mostly
steady; top fat lambs, 500; closing,
bulk good and choice native eve and
wether lambs, 750a7.75; few at 500;
bucks discounted 100; range lambs
mostly 7.65a7.75; few late at 790;
range throwouts to feeders, SITS; to
killers, 5.15a6.O0; native throWOutS
mostly 5.00a5.50; bulk desirable slaugh-
ter ewes, 3.00a35O; with weighty kinds
downward from 2.75; yearlings scarce;
bulk 6.00a6.25.
Hogs, 1000 head, Including $500
head direct; market erratic; best light
weights, 10a25 higher; heavies about
steady; packing sows steady; spots
weaker; bulk, 170-220 pounds, 80Oa
8.25: top. S.25; 23o-260 pounds, 7Ooa
785; pigs, 675a7.25; packing Sows,
4.25a5.75; compared week ago light
weights strongs to IS higher; others
weak to rs lower; shippers took 500
head; estimated holdoverS, 1000 head;
light lights, good and choice, 140-160
pounds, 7.15aS.25; heavy weights, 250-
$50 pounds, 5.5Oa7 so; packing sows,
medium and good, 275-500 pounds,
4.25a5.75; pigs, good and choice, 100
100 pounds, 6.75a7.50.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-25


These figures are held as a fair indi-
Gator OF the severity of the world de-
preston. The parallel cannot be drawn
too closely the department says, on
account Of variations in financial prac-
tice and the insuficiency of returns in
many cases, but it appears that, with
some exceptions, budget balances have
been upset, roughly in proportion to
the degree Of recession in business.
R. NJ. Stephenson, chief of the Eu-
ropean Division, declares tax returns,
including customs duties. have fallen
generally below estimates in all Euro
pean countries, showing reduced in
comes, fewer commercial transactions
and lower imports. Revenues conse-
quently were commonly less than
budgeted. At the same time, he says,
the eXigencies of the depression have
made heavy unforeseen demands on
government treasures. particularly for
unemployment relief, and in spite of
administrative economics. 1t has in
many cases been impossible to keep ex-
penditures within the estimates.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-25

New Low Rates.
While railroads expect salvation from
a rise in rates, three subsidiaries of the
North American Light 81 Power Co.
filed new low rate schedules for 219
cities and towns throughout the State
of Kansas. The reduction amounts to
Is per cent. Another subsidiary lowered
the gas rate by about IA per cent. The
gas rate cut affects So towns, and is on
the basis of the first 5000 cubic feet
per month.
According to S. e. Mitchell, guiding
genius of the Electric Bond & Share,
and one of the countrys ablest public
utility men, the success of utility COM
panies lies in the sale of more power
at less cost.
Maintaining Wages.
In periods of depression, public utili-
ties serve as a sort of shock absorber
due to the nature of their business and
the public service they render Another
interesting point about the industry is
its relative immunity from economic
disturbances abroad to which other
fields are subject.
Charles L. Edgar of Boston, chairman
of the committee on sterilization of
employment. of the National Electric
Light Association, finds widespread ap-
plication by electric utility executives Of
policy of maintaining employment and
wages, and expresses the hope that this
policy will be continued.
Outlook for Cotton.
Some are inclined to view more OPP
timistically the outlook for cotton. The
reopening of the Bremen Cotton Ex-
change, which closed on the 18th. is in
terpreted as an expression of confidence
in the world cotton trade. In addition,
the American Cotton Cooperative ASso-
citation advises, through its vice preSi-
dent, c. o. Moser of New Orleans, that
it would buy for cash cotton from any
farmer who wishes to sell and would
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-25
WALL STREET. CONFIDENT STEEL
DIVIDEND RATE WILL BE CUT
Contraction in Operations and Earnings of
Corporation Expected to Result in
Smaller Disbursement.

shown for the preferred. which also
pays 7 per cent dividends annually, but
nothing for the common.
Wall Street Is merely guessing at the
size Of the common rate cut. Formerly
Steel paid per cent annually, but then
it had 40 per cent fewer common shares
outstanding than it does now. A cut to
per cent now would be equivalent to
per cent on the old share basis. At the
same time the ezra shares were sold
to provide funds, in part, for retire.
ment of the corporations bonded in
debtednesS, so that net earnings are the
gamer. Steel scarcely will do better in
the third quarter than in the second
and if the year ends with anything at
all shown for the common shares, most
people will be surprised
Full dividends paid for the past two
quarters and the reduced dividend
which will be paid for the current quar-
ter will come from surplus also the
bulk of the preferred dividend this year
will be taken from surplus. Surplus
consists largely of buildings and ma
chinery Only part is in cash capable
of being used for dividends. Obviously
the corporation does not wish to de-
plete its cash reserves too much to give
shareholders a profit in a business
which at present is running without
profit.
May BE Wage Cut.
Were the matter to end with g. divi-
dend cut, Wall Street would be less per-
turbed 1t is ready to accept the in
depreciation that the steel directors re-
gard the prospect for trade improve
ment as one of a considerable wait
However, it has good reason to think
that the dividend cut will be the fore
runner OF scaling down of wages,
which probably would be taken as the
signal for widespread wage cuts in a
great many industries; wage action by
only after careful consideration. but
Wall Streets viewpoint is that when
capital takes a wage cut labor must
also take one.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-25

ton
moratorium on German commercial debts Such situation IS
loose the beast than to lasso it.
Washington situation.
through
the banks of will method for their
into long term obligations.
Auto Trade Improves
appreciaby with automobile
Contrasting with last
obliged shut business
ing Chevrolet w.
definitely
subsidiary, Arrow
Motor Truck Co. and Durant Motors
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-25
EARNINGS REPORTED.

NEW YORK, July IS P).-Intertype
Corporation reported for the June quar-
ter net income of $76,486. equal to 25
cents share on the common stock,
against $685. 07, or Al cents a share, In
the June quarter last year.
Coca Cola International Corporation
reported June quarter net profit OF ST.
1886, 4o4 compared with $l,163,22l IN
the like period of 1880.
American Commercial Alcohol Co. re-
ported net loss of s167,779 for the quar-.
ter ended June 80, against net profit OF
$751; in the corresponding quarter last
year
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-25

hedge such cotton in the futures mar
ket.
Bank Cash Payment.
A cash payment of from 80 to IS
cents is expected to be made early next
month to the 100000 depoSitors of the
collapsed Bank of United States. The
Supreme Court will. however, have to
sanction such cash disbursement. 1t
will be recalled that as a result of the
cooperation of all the members of the
New York Clearing Association, depos-
itors were privileged to borrow up to Is
per cent of their deposits. These Dor
rowers, representing about one-fourth of
the total. will not be affected by the
above payment.
Colombian Bonds.
In the face of marked weakness in
Latin American bonds on the New York
Stock Exchange, Colombian issues more
than held their own. This situation
is doubtless due to the esteem in which
American bankers and investors hold
Olaya Herrera, President of Colombia
and former Colombian Minister at
Washington. He is strong advocate
of intelligent budgeting to prevent gov
ernmental deficits and has also come
out with plea to Congress to nix a
limit on expenditure and end national
subsidies to the various departments
AS a result of drastic cut in the
war ministry budget for this year, the
government will save about SIS 900 600.
What was at one time regarded as a
somewhat doubtful credit risk is turn
ing out to be one of the most depend
able risks in Latin America.
Copyright. 1881. by the North American
Newspaper Alliance, Inc)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-25
Tomboys Only Woman Sports.

Many women were never meant for
games at all, Harold Abrahams. who
captained the British team at the last
Olympic games, told q teachers con-
vention at Durham, England. The
women who do well in sport were those
who essentially are OF the tomboy type,
he added. and feminine women could
not succeed in sport because they were
never meant to succeed -.-.-...- ~