davidaulloa/AmericanStories huggingface dataset:
Evening star., 1931-12-04
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, December 4.-The fol-
towing is summary of important
corporation news, prepared by the
Standard Statistics Co., Inc, New York,
for the Associated Press.
News Trend.
For the thirteenth consecutive week,
brokers loans declined, bringing the
total to the lowest level since September
7, 1921. According to the report of the
Federal Reserve Bank of New York,
brokers loans decreased $3l 900, 900 in
the week ended December 2, to a total
OF S720,000000 Loans for the account
OF member banks dropped $24 900, 900,
and for out-oftown banks, $4,000, 600,
while loans for the account of others
increased s2,000,00
The Companies.
Standard Oil of New York advances
bulk gasoline price y cent a gallon.
West Penn Electric net income, IL
months TO September 30, s5,s77,647 VS..
S7063,ll9
American Commonwealth Power net
income available for common stock of
surplus, IL months to September 80,
$l,380763 VS.. s3,079094
British Columbia Power September
gross of 8.6 per cent, net available for
common off 3sl per cent; three months
gross off 6.5 per cent, net off 1913
per cent
Central Aguirre Associates common
share earnings. year ended July 81,
81 50 VS.. S240
Interstate Department Stores earned
over 40 cents common share in Oc-
, tober; November profits expected to
equal or exceed October
( Kuppenheimer OBJ & Co. receives
$5000 900 order from Kennedy Co., for
Spring and Summer clothing
National Electric Power net income,
IL months to September 80, s5,631 ,o28,
including profit on sale of assets
| amounting TO s2,330,5s7.
| Radio Corporation of America passed
dividend on preferred stock; paid
| 81 25 October l.
l United Molasses Limited passed pref
erence dividend; paid 3, per cent
December IS.
Canadian Pacific Ry.-Orders cut OF
Evening star., 1931-12-04
BANKING IMPROVED
DURING NOVEMBER
Number of Failures Reduced.
Gold Reserves Are
Large.
BY CHAS. P. sHAEFFER.
Assoeiated Press Business writer.

associated PreSS BUSINESS Writer. -
Tremendous improvement In the
countrys banking structure was made
last month
Preliminary reports for November in
dicate the number of bank failures for
the period will be orly about one-thiEd
the number recorded for October.
While official figures of the Federal
Reserve Board will not be announced
until after the middle of the month. at
the ONCE OF the controller of the clr-
rency it was said failures In the ma
tlonal bank field were only one-third
as large in November as in the previous
month. This ratio is expected to be
maintained throughout the banking
In the meantime American Banker.
ofncial publication of the American
BANKERS Association, had completed "a
survey 1or November in comparison
with October, w;jch shows definitely
that the number of suspensions had d9-
clned steadily since the first half of
Octoper. These figures also indicate
that failures for November will be I'm
above. III
The downward tendency. as meas
ured by the American Bankers Asso-
ciatlon, was checked around the middle
VI Octooer or shortly after the National
Sredit Corporation was proposed by
President Hoover. ~
Inc corporation is designed to place
tne surplus funds OF the stronger IN
stitutions at the disposal of the weakrr
IN order to enable the latter to convert
essentially sound assets into liquid
Iunds without recklessly Sacrificing
values. AS proposed, it functions
through local associations formed for
the purpose Of ndorsing notes of banks
desiring credit. -
The banking system as a whole has
Deen IN strong position throughouh
Ghe 51 period OF unfavorable business con-
oitlons' having large gold reserves and
demands. Those falling by the wAT~
side were institutions not SO Fortunately
equipped, and hence in no position To
meet extra demands from denositorr
Evening star., 1931-12-04
BY CHARLES F. SPEARE.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, December 4.-The
times in the past two years when
visible and effactive support has ap-
peared in the market for securities may
be counted on tina fingers CT one hand.
Not since Wall Street was electrified
on the afternoon OF November IS, 1929,
by the word run ming through the
financial district that John D. Rookie
feiler had put in a bid of so for
1000 900 shares Of Standard Oil of
New York stock Exch ange is that this
notable demonstration on the part Of
banking or corporation. interests in be-
half Of their securities.
This absence of sponsorship has been
one of the factors that have assisted
bear operators in all o. their cam
paigns and have played Al their favor
especially during the past year. They
have come to believe that securities
have been abandoned by those who
were most active in them during 1928
and 1929. The one rumo that has
had neither vogue nor respa;t on the
New York tSock Exchange is that this
or that individual or banking house
had come to the aid of particular
issues of stocks or bonds which they
had previously recommended and sold
at hfgn prices 70 the pupnc-
Cannot Hold Bag"
The answer of those to whom 1t LIS
quite legitimate to look for supporf for
securities in the present crisis Is that
they cannot hold the bag" and that
their best policy Is to remain as liquid
as possible. This might be reasonable
reply, II the facts were not that In
scores of cases the offer Of two or thre,
good, bad or Indifferent domestic and
foreign bonds. or 10 or 20 share lot
of highest-rated public utility pre-
ferred stock, produced 8 decline Of
from to Is points In these issues
The effect of this decline was to create
an atmosphere of distrust for the in
tegrity of these securities and to bring
out further liquidation in them. The
use of comparatively small amount
of capital by sponsors for issues that
have been fioated in the last four years
would have prevented much of the de-
probation In them and maintained
their credit for future borrowing ON a
sound basis.
Another answer is that, where houses
have felt their responsibility toward
their issues and have protected them,
they have frequently gone into receiver
ship or out of business. There LIS yet
no case on record, since the Caldwell
failure over year ago. Of any firm Of
Evening star., 1931-12-04
Crown Cork & Seal.
BALTIMORE, December 4 (speci

BALTIMORE, December (SpeciaD
An analysis of the earnings state
ment of the Crown Cork 81 Seal Co for
the first three quarters of 1881 indi-
Gates that the interest charges on the
companys first mortgage 6 per cent
bonds was earned 65 times in the
period.
Net operating income was s1,248,873
and interest requirements were ap-
proximately $1ss,8o0. AS of Septem-
Der 80 there were 81 1909, 500 of the
bonds outstanding. Working capital as
Of the same date was s5,957,414.
Current assets as of September 80
totaled $6,984,692, including s5,739,458
of cash and S505,ls7 of marketable
securities. Current liabilities were ST.
o27,278 and the ratio Of current as
sets to current liabilities was 6.8 to /.
Evening star., 1931-12-04
BUILDING EMPLOYERS
TO HONOR OFFICIAL

A banquet viii be held at the Shore
ham Hotel Tuesday evening. Januarv
8, In honor of Edwin H. RosenRarten.
retiring president of the Building
Trades Employers Association. AmonT
the invited speakers are Secretary 81
Commerce Robert p. Lamont Secre-
tary OF Labor w. NJ Doak, Rev. James
Shera Montgomery. chaplain of the
House Of Representatives. Robert ID.
kohn, president Of the American IN
stitute of Architects; Merle Thorp, edi-
tor of Nations Business, and Frank ).
Hogan, prominent local attorney.
Evening star., 1931-12-04
u. S. FACTORY FUEL
BILL $1,498, ,228,952
Census of Manufactures Shows
Coal, Coke, Gas and
Oil Used.
By the Associated Press.

By the Associated Press
American manufacturing industries
spent s1,498, ,223.952 for fuels of all
kinds in 1929. special fuel report of
the census of manufactures shows.
OF this total 81 Cal, ,7o1, TOT was spent
for coal and coke combined, s220, 1885,
713 for fuel oils, gasoline and kerosene
combined, $475,634,377 for electric en-
ergy generated outside their, own plants
and S150,947,377 for natural gas and
manufactured gas combined.
No comparative figures are available
on the cost Of these items consumed In
1919, the period of the last national
census, but on quantity basis the con-
sumption of anthracite decreased, BIZ
luminous coal int reased, coke increased,
fuel oil showed a material increase and
gas, both natural and manufactured,
showed the largest proportionate in
crease. BAL ,951 ,022 thousand cubic feet
being consumed IN 1919 and 913,83I 1894
in 1929. No data were collected cover
ing electric energy in 1919.
The table following gives the con-
sumption of fuel and purchased cleo
trio energy in manufacturing industries
during 1929.
Evening star., 1931-12-04
New York Cotton
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, December 4.-Opening
cotton prices today were unchanged to
points lower in quiet trading. Trade
buyers displayed little interest, and
commission house covering was of small
dimensions. Offerings were moderate.
Opening prices were: December, sos,
unchanged January, 6.12. off /; March,
6.26, off 4; May, 645, off 3; July, 6.6l,
off g. and October, 6.87. off 3.
Evening star., 1931-12-04
Leaves I. B. A. Post.

John P Mullen, for the past six
years assistant educational director of
the Investment Bankers Association of
America and lately editor and business
manager of Investment Banking, the
associations official publication, has
rendered his resignation to become ef-
fective December 81.
Evening star., 1931-12-04
Food Stocks.

NEW YORK, December 4 Especial :,
AS group, the food stocks have heio
up rather better than other industriaH
With the exception of Bordens, there
have been no recent dividend reduc-
tions in them and earnings have been
well maintained throughout this year.
Evening star., 1931-12-04
'irect to The Star ONCE.

Dividend rates in dollars
nual payment. 'Ex dividend
a Payable in cash or stock.
dividend. I plus 81 in stock
stock. ! Plus 90 in stock.
stock. n Plus go in stock.
Evening star., 1931-12-04

tPartly extra. tPlus 4Go in stock.
b Payable in stock. Adjustment
9 Plus So in stock. h Plus ia in
( Plus l0Fs in stock. m Plus go in
PAID last yeRr-nO regular rate
Evening star., 1931-12-04
NEW YORK CURB EXCHANGE
y Wire Direct to The

S&lek~-
Add 90. Open. High. Low. Close.
Evening star., 1931-12-04

those desEnsted
PREV. 1851 Stock and Sales
Hiuh Rata Omen Htph TA,u
Evening star., 1931-12-04
BONDS.
Industrial1.

tcopyrisht. 1881. standard statistics Co,
The Bismarck tribune., 1931-11-02
Carp, Buffalo Fish
Are Taken from Lake

A program of removing German
carp and buffalo fish from Spirit
wood and other lakes in the state has
been instituted by the state game
and fish department.
The first contract let affects Spirit
wood lake, where the firm of KowleS
and Lipinski of Winena, Mimi, is
seining the waters. The state game
and fish department receives 20 per
cent OF the gross receipts from the
sale of fish.
E. T. Judd, supervising the carp
removal for the department, says the
seining of the rough fish from the
lakes will make the waters adaptable
for game fish in that vegetation and
. aquatic plants will have an oppor-
tunity to grow. All game fish, such
as northern pike, wall-eyed pike,
bul!heads, crappies, and perch. are re-
turned to the waters without dam
age by exposure or handling.
The Bismarck tribune., 1931-11-02
Word Received That Nodak
Mentor Will Succeed SpauId-
ing at V. c. L. A.

Minneapolis, Nov. 2.-(Rl-Notwith
standing denialS by c. A. (Jack) West
reports persist the North Dakota uni
versity athletic director and head
football coach will resign his position,
at the Grand Forks school at the
close of the 1881 season and accept
the position of head coach ct the Uni
versity of California at Los Angeles.
Word was received from California
Saturday that West would succeed
Bill Spaulding, former Minnesota
football coach, as head mentor at U.
G. l.. A. with Spaulding being re-
tanned as athletic director. From
the same source it reported that Pat
Hanley, assistant coach to his broth
The Bismarck tribune., 1931-11-02
jamestown Beats
Science Wildcats
Jimm;es Win ~ to J Before
Homecoming Crowd; Out
play Visitors

jamestown, n. D., Nov. 2.-(R)7
Outplaying the Wahepton Science
Wildcats throughout the game, the
jamestown college Jimmies defeated
the Science team, q to Z. in home
coming game here Saturday.
The Jinnmies made frequent gains
on line Smashes and passes while the
line yielded but few first downs to
the Wildcats.
Eggstrom carried the ball through
the line for a touchdown after q
march to within five yards of the
Wahpeton goal line. Schauer'ss drop
kick for the extra point failed.
Purdy heaved a 25-yard pass to Stone
who carried the ball over the goal.
Schauer's dropkick was good.
The Jimmies worked the ball into
Science territory where Mead re-
ceived a pass from Eggstrom and
scored.
"A line smash was good for the ex-
ira point. Eggstrom carried the ball
over from the 1-yard marker for the
Jimmies' fourth counter. A pass,
Schauer to Stone was good for the
extra point.
Wahpeton made its touchdown in
the fourth qurter after a Wildcat
punt was funnbled by Eggstrom and
recovered by Wahpeton. FRANKIE car
ried the ball over for the counter.
FRANKIE placekicked the extra point.
The Bismarck tribune., 1931-11-02
Football Stars in
Contests Saturday
(By The Associated Press)

Albie Booth, Yale and Bill Mccall
Dartmouth-Each ran wild to score
three touchdowns in 1888 tie.
Mark Temple, Oregon-Accounted
for both touchdowns in defeat Of New
York university, scoring one. himself
and tossing pass for the other. -
Stanley Fay, Michigan-Led VOL
verlnes to victory over Princeton with
pair of touchdoWns.
Marchemont Schwartz, Notre Dame
Gained 1873 yards in % attempts
against Carnegie Tech.
Johnny Ferraro, Cornell-Scored
one OF Cornells two touchdowns
against Columbia and passed to Jose
Martinez-Zorrilla for the other.
Dusty Allen, Stanford-His IS yard
pass to Don Colvin in last nine Sec
onds of play gave Stanford victory
over U. S. L. A.
Rip Slusser. North Carolina-Scor
ed three touchdowns against North
Carolina State.
The Bismarck tribune., 1931-11-02
Bison Halfback Is
Claimed By Death
Members Of Football Squad Will
Accompany Body to Aber-
deem For Burial

Fargo, N. D., Nov. 2.-(R-Duane
Murner, %, halfback on the North
Dakota Agricultural college football
team. died in Fargo hospital Satur-
day night after q fortnight's illness
from pneumonia.
Son of Mr.. and Mrs. Norman r,
Murner, Aberdeen, S. D., Murner was
a junior at the college. registered IL,
civil engineering. Besides his par
ents, two brothers, Wesley and
Harold, and a sister, Marjorie, sur
vive. His parents and sisters are in
Fargo and will accompany the body
to Aberdeen where the funeral will
be held.
Members of Murner's fraternity
Delta Kappa Sigma, will attend the
funeral which probably will be Tues
day. Among those who will go arc
Walter Schoenfelder, Paul Runt, Joe
Blakeslee, Vern Goodwin and Naive
McKoane. Schoenfelder and Bunt
are from Aberdeen.
The Bismarck tribune., 1931-11-02
Coyotes Triumph
Over Jackrabbits
South Dakota University Win
Dakota Day Engagement
10 to O

Vermilion, s. D., Nov. 2.-{F-Tlle
fighting Coyotes of South Dakota
university. won their Dakota day
Homecoming game Saturday 10 to o,
from South Dakota State.
For Coach Backmans boys it was
a glorious accomplishment. tn
Beans" Ostlund. veteran Coyote
halfback, the sole survivor of all who
played in the last game won from
State college by the University four
years ago, went the hero role.
In the third quarter, after it had
begun to look as though neither team
would score, Ostlund dropped back
and kicked squarely over the goal
posts for points. Ostlund intercept
ed Rishoi hurled pass in the closing
moments of the contest and raced 40
yards for the only touchdown Of the
game and he kicked the extra point.
The Bismarck tribune., 1931-11-02
WreStlerS Clash
In Charity Match

Chicago, Nov. 2.-(P)-Ed (Strang-
ler) Lewis, and Wladek Zbyszko will
meet tonight, in what will be a match
for charity-and for the heavyweight
wrestling championship of the world,
as far as the Illinois State Athletic
commission Is concerned. The match
will be held in the Chicago stadium
with the receipts going to Gov. EN-
merson's unemployment relief COM
mission, as well as Lewis share Of
the purse.
The Bismarck tribune., 1931-11-02
sioux COMES FROM
BEHIND TO DEFEAT
GREAT BISON TEAM
First Time This Season Univer
sity Lags During Part
OF Contest
SCORE TWICE IN SECOND
One Of Most Thrilling Contests
in 40 Years of intense
Grid Rivalry

Grand Forks. N. D., Nov. 2.-(P,-
The fighting Sioux of the University
Of North Dakota outfought and out
played a great Bison team from the
North Dakota Agricultural college
Saturday and hung up their fifth
victory of the season, 20 to IL. It was
cne of the most thrilling contests in
| the 40 years of football competition
between the two schools and play ran
the whole gamut from ridiculous to
sublime.
The Sioux clinched their fourth
consecutive North Central Conference
championship as result. Vests
athletes have but one more loop con-
test to play, that against Morningside.
an opponent North Dakota is figured
to beat without much trouble. But
even if they should lose to the Ma
rooms, no other conference team now
| could tie their record, all having been
defeated twice. The record of the No
daks still is unspoiled by defeat.
For the first time this season the
Sioux had to come from behind to
| win. The game was only we'll under
way when Gordon Dablow punted
straight up and the Bison took the
the ball on the University 80 yari
line. After two passes Cy Ions
brough scored. Richmond DETECTED
Schoenfelders place kick for the ex-
ira point.
The Sioux crossed the goal line
twice in the second quarter. Felber
intercepted Bunts pass on the Uni
versity As yard line and the Nodaks'
attack wound up with Wexler sprint.
ing 13 yards around end for a touch
down. Richmond converted.
Once more before the period ended
the Sioux crossed the Bison goal line
after recovering an Aggie tumble on
the 20 yard line, Pierce making the
counter.
Early in the fourth quarter Rich
mond fumbled on his AZ yard line and
Myers picked the ball out of the air
and raced to the seven yard line,
from where Lonsbrough passed to
Mckay for touchdawn. The Bison
failed in an attempt to tie the score
when Richmond again blocked Scho-
enfelder's try for the extra point
The Sioux nursed their single point
lead until midway in the period
Bourne intercepted a Bison forward
pass on the University 43 yard line.
A few plays later Burma passed Il,
Wexler fer q score and Knauf kicked
the extra point.
The Sioux linemen played a big
t. ~,s>
The Bismarck tribune., 1931-11-02
Titleholders Risk
Crowns This Week
Battalino and Make Rosen-
bloom Enliven Midwestern
Fistic Program

wv York. Nov. 2.-!PETitle de-
-nses by Christopher (Bat) Batta-
limo, king Of the featherweights, and
Make Rosenbloom, light heavyweight
champion, enliven an otherwise un-
interesting fistic program this week.
Rosenbloom. the Harlem clown, puts
his crown in jeopardy at Kansas City
tonight when he faces the Birming-
ham slugger. Battling Bozo, in a 12-
round encounter.
Battalino may have his hands full
retaining his feathe-weight toga
when he clashes with Earl Mastro
speedy Chicago veteran, at the Chi
cago stadium Wednesday night
The Bismarck tribune., 1931-11-02
Dickinson Earns
Tie With Comets
Overconfident MayviIIe Eleven
Deadlocked in homecom-
ing Game

Mayville,.. N. D., Nov. 2.-tP)-An
overconfident Comet football team
was held to a to tie by the Dick
irson Savages on Mayville's first
Homecoming Saturday. Mayville was
unable to stop the aerial attack en-
ployed by the Savages.
Dickinson scored first in the open
ing quarter when Haughton passed
to Quammen for the touchdown.
Their pass for extra point was in
complete. In the last quarter Fred
erickson received q pass from Luck
ason, Comet fullback, for the tieing
counter. Frederickson's kick for the
extra point went wide.
The Bismarck tribune., 1931-11-02
Leading Scorers in
Nations Football
State Colleges

North Dakota U. 20: North Dakota
State Il.
Moorhead Teachers so: Valley City
Normal 0.
Dickinson Teachers s: Mayville 6.
Jamestown College q; Wahpeton
Science Z.
High Schools
Dickinson o; Glendive 26.
Williston 6: Minot o.
Darlington 80; Max O.
Moorhead 16; jamestown o.
Mohall 18: Crosby 0.
Harvey So; Drake 0.
Big Ten
Minnesota, IA; Wisconsin, 0.
Michigan, 81; Princeton, o.
Iowa, Z; George Washington. 0.
Ohio State, 13: Indiana. 6.
Northwestern. 80; Illinois, 6.
Purdue, IA; Chicago. 6.
Midwest
st. Olaf. 26; Gustavus, o.
Knox, Z; Beloit. o.
Case. z; Wooster, 6.
Syracuse. Is; Mich. State, 10.
Ohio u, 18: Ohio Wes, o.
Morningside. 80; Western Union. G.
Nebraska, 1C; Missouri, Z.
Wittenberg. IA: Heidelberg. s.
The Bismarck tribune., 1931-11-02
REPORTS PERSIST THAT JACK
WEST WILL LEAVE SIOUX POST
By Laufer

er. Dick. at Northwestern, may bs
Vests aid at the California school.
Rumors West would leave North
Dakota university after the present
season were first heard shortly before
the game with Oregon university 4
week ago. At that time it was under
stood West had been approached By
officials of the California institution
and that the Nodak tutor favored 4
change in positions.
The Bismarck tribune., 1931-11-02
DICKINSON LOSES

Glendiye, Mont, Nov 2.-(Py-
Glendive high school defeated the
Dickinson team Saturday, 26 to 0.
Dickinson was outplayed throughout
the first three quarters but came back
strong in the final period to threaten
the. Glendiye goal. But it was only a
threat and the game ended. 26 to O.
The Bismarck tribune., 1931-11-02
CARRINGTON TRIMS MAX

Max. N. D., Nov. 2.-(P,-Carring.
ton high school won it's sixth consecu.
tive victory Saturday defeating Mas
80 to 0. Darlington outplayed Max
Olson, Footitt and Postovit were The
outstanding performers for the Car
rington eleven.
The Bismarck tribune., 1931-11-02
Joe Cuttings Charges Score
Lone Touchdown OH IS
Yard Pass

Williston, N. D., Nov. 2.-(R)-Wil-
liston high school triumphed over
Minot Saturday, to O. A Is yard
run by Carney and a yard long pass,
Cartwright to Carney, put the ball on
the 2-yard line. Skies carried the
ball over on the next play. Carney's
kick from placement was wide.
The Bismarck tribune., 1931-11-02
COBBERS TRIUMPH

Valley City, N. D., Nov. 2.-LP--A
smooth powerful Moorhead State coll
lege team raced up and down the
gridiron Saturday to score an over
whelming SO to 0 victory over the
Valley CITY State Teachers college.