davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-15
SOLDIERS BONUS PROPOSALS
CONTINUE TO AFFECT BONDS

I previous week-when the same threat
was more acute and less well under
Stood-and $l50,465,000 in the like
| 1880 week.
Naturally, what new buying has come
| to the market has thus been diverted to
| prime c. poration bonds and to short
term paper. Prior lien railroad mort
cages have advanced until the cream
| OF them ere selling around per cent
yield basis. Atchison general Is, tagged
| facetiously in the Street as 1.-The widows
and orphans bond" have threatened
all week to touch par. They have not
been at that level in many years. The
same applies to Union Pacific first As,
Baltimore & Ohio first As, Norfolk g.
Western As, Chicago, Burlington &
Quincy As, New York Central 3las,
Nickel Plate first As, Northern Pacific
general IS and the like.
Other high-grade bonds have not
been slow to follow the advance. And
as long as stocks were rising second
and third grade issues Travelled the
same road, but the check received by
the market toward the end of the
week showed very clearly the way in
which such junior bonds are tied to
the apron strings of earnings and equity
price levels.
Foreign List.
In the foreign department 1t was a
week of strength and firmness. Ger
man Government 5Ias-the Young plan
loan-went to a new high for the year
following Chancellor Bruening's several
brushes with the radicals in the Reichs-
tag. His victory in each case re-estab-
llShed confidence in his government
and brought more concrete return in
the appreciation of German securities
generally. South American develop
ments were conspicuous by their alb
sence and, working on the theory that
no news is good news, the market for
these credits strengthened slightly.
The sore spot in the foreign list was
the weakness of Australian credits, of
the federal and state governments and
municipals. The proposal of an imme-
date abandonment of the gold standard
and a cutting of interest rates by the
powerful new South Wales Government
was the chief factor, though London
was convinced that public sentiment in
the Antipodean dominion will ultimate
ly support a conservative policy.
Copyright, 1917
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-15
WAGE DIVIDEND VOTED
MONTHS IN ADVANCE

Special Dispatch to The Star.
NEW YORK, February l4.-Directors
of the Eastman Kodak Co. have declared
$1,401 1893, or more than SO per cent OF
the company's annual wage dividend
payable from three to six months in ad-
vance of the regular date of payment.
Recipients of the advance payment
are employees laid off during 1880 as a
result of the business depression. and
in addition most Of the qualified en-
ployes at the three Eastman manufac-
turing plants in Rochester.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-15
New FabriCating Process.

NEW YORK, February IS Especially
The American Rolling Mill Co. has
developed Q new fabricating process for
the manufacture of pipe. According to
wire advices from Middletown, Ohio, to-
day this process is known as spiral
manufactured at the company,s main
plant in Middletown after q long period
of experimental production.
The pipe is said to be lighter in
weight and easier to handle than ordi-
nary pipe. It is made in sections of 40
feet, the additional length reducing the
necessary number OF feld joints.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-15
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, February 14.-While
there has been brisk demand for prime
long-term corporation bonds this week,
the bond market in general has contin-
ued to give evidence of the uncertainty
with which the street views the soldiers
bonus proposals.
Bond men who heard Ogden L. Mills
declare that no new long-term issues of
United States Government bonds
amounting to $l,000,000.000 could be
marketed for less than 4 per cent, or
81 500, 000,0 900 for less than 4A per cent,
were convinced of the bearishness of his
argument. AS result there was consid-
cradle selling of Treasury 4Hs. The
Government bond with the most distant
call date currently outstanding. Even
then the yield of this bond was left at
$50 per cent. In order to yield 4A
per cent-to take the most drastic of
Mr.. Mills uppoSitionS-thiS bond would
have to drop to par, decline OF over
IL points.
Scarcity Value.
Such a drop would be evidence of the
worst disturbance in the Government
bond market in the century and can
hardly be credited as prospect by mar
ket observers. The argument that the
market cannot readily absorb $1,000,-
100000 to $1,500,000 900 within the next
"a months without major unsettle-
ment is not taken seriously.
A glance at lists of tax-exempt bonds,
at the prices of high-grade corpora
ton bonds or talk with any active
dealer in bonds will show that United
States Government bonds have
scarcity value that has been growing
steadily ever since the large offerings
of war days were first reduced by re-
demptions. No one can doubt that
the investment market, even in this
day of business depression, can and
would readily absorb any offerings Of
that size without trouble.
To envision the worst of Mr.. Mills
intimations would be to realize that
some Liberty and Treasury offerings
would drop below par and the British
and French governments, with their
debt repayment agreements, would snap
them up for payment to the United
States Treasury at face value. This
factor alone virtually amounts to a
firm bid for all United States Govern
ment bonds at par or under.
The market, as a matter OF fact,
has now accepted the theory that the
eventual financing necessary to deal
amount to considerably less than
81, 00O, 100000 and might be as little
as $500,000,000.
New Offerings Scarce.
However, the threat of this sword
of Damocles-of the keenness of which
the financial markets are uncertain
has been sufficient to push back again
the stream of new offerings. During
the week there was only SIS, Isl 900
put out against $21.325.0Q0 IN the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-15
OIL OPERATORS PLAN
TO REDUCE PRODUCTION
ipeciai Dispatch to The Star.

Special Dispatch to The Star.
TULSA, Okla, February 14.-The
menace of a flood of cheap oil from the
new petroleum field in East Texas is
understood to be giving major oil oper-
ators grave concern.
That they take the situation there
seriously was indicated by tour of in
spection of the new field by group
of executives of the Standard Oil Co. of
New Jersey. In the party were Walter
G. Teagle, president of that company:
James A. Moffett vice president; s. B.
Hunt, vice president and treasurer: G.
G. Swain. general counsel; Orville Har-
den and j. H. Senior. Mr.. Teagle and
his party were met in Texas by w. S.
Parish, president of the Humble Oil g.
Refining Co., subsidiary, and num-
Der of other executives of Humble Oil.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-15
EXCHANGE SEATS HIGHER.

NEW YORK, February IA Especially
The strong advance of stocks earlier in
the week boosted the price of New York
Stock Exchange seats by $4,000, the
latest sale being at $275,000. This COM
pares with 100000, the highest price
in 1880. and below 100000, the mini
mum.
A Curb Exchange seat was sold today
at $4,000, an advance of $4,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-15
News Print Production.

NEW YORK. February IL (PJ.-Fro-
duction by United States and Canadian
mills in January teal 2s9,s6e tons, or
63.2 per cent of capacity. slight in
crease compared with the 2S4.O31 tons,
or 62.5 per cent of capacity in Deem
Der. The January figure, however,
showed sharp decline from psoduction
of 33l,15 tons, or .6.1 per CEN Of ca
pacitN for January. 1890
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-15

However, the threat of this sword
of Damocles-of the keenness of which
the stream of new offerings. During
the week there was only SIS, Isl 900
put OUT against $21.S25.0QQ in the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-15

UNLISTED DEPARTMENT.
slas, 1850 So II
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-15
WASHINGTON STOCK EXCHANGE
YEAR 1881 TO DATE

CReported w. D.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-15
RIGHTS-EXPIRE.


2N Ia Sou Cal Edison. Apr 90 2M 2M 2N j
Dividend rates in dollars based last quarterly SEMI
in per in stocE 4 pins
stock Plus
stock Plus cent in stock Plus In
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-28
IN
'SHAKEUP' FOR
PAY ROLLS SAKE
81 Bumped From First to
Second Grade as IS
Are Promoted.

On recommendation Of Chief
Michael MorriSsey the safety board
today denoted thirty-seven first
grade patrolmen to second grade
and promoted fifteen second-grade
patrolmen to first grade.
Reductions, Chief Morrissey ex-
planned, were not due to in~efficiency
or misconduct, but came merely
with a change in operation Of the
police department, and in line with
a pay roll cut. The change will save
the city about $4,000 the remainder
Of this year.
Promoted were:
James A. Partain. Carl Kull. John Cole
man. Ferdinand H. Finchum. Thomas Ruse.
Donald S. Henkle. Samuel D. Byrd. Fred
Swego. Rudolph Price. Patrick WEIGH. Carl
Sheets. Pinkney Davis. Noel Jones and
Joseph W. Adams.
Denoted were:
Otto E. Raasch. Harry w. Brooks. Otis
Baker. George Baker. Lawrence Tanning,
Julius Reinking. Hanford Burk. Fred Bren-
nan. Thomas Harris. Walter E. Ferguson,
Willis Thompson. Charles Viles. Claude
Kinder. Donald Bushong. John F. Fin
ney. Raymond j. Wachstetter. Willis
Roeder. Robert De Vault. John L. Wilson,
Oral B. Mccain. Charles FELTON,, Jak
Alkire. Joseph Statesman. Andrew Heller.
Roy Pope. Benjamin Lansing, Clinton
Robson. Irwin Bailey. Joseph Klaiber.
Curtis Barge. Jesse M. Giles. Thomas Hop
son. Frank Volderauer. Elvie o. Carter.
Grover Hinton. Kenneth Downs and Will
liam Norman.
The board set trial date Of Ned
Hoagland, patrolman charged with
unbecoming conduct and assault on
Daniel v. Branam, 473O East Wash
ington street, for Aug. 4.
1t considered a proposition of the
Automatic Signal Corporation for
free sixty days trial of an auto
matte traffic light to replace two
traffic policemen at Ohio and Me-
ridian streets.
A representative of the state
agriculture board obtained a prom
Use of fire and police protection at
the state fair in September equal
to that provided last year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-28
STACKS NAME NOT
ON AIRPORT PLAQUE

succeeded Slack; present works board
and city council members, together
with those of Paul H. Moore, air.
port superintendent during the con-
struction, and M. G. johnson, air.
port manager and engineer.
Charles E. Cox Jr., who succeeded
Moore as superintendent, is not
mentioned on the plaque.
1.-THE plaque will commemorate
construction of the hangar and adj
ministration building, which was
completed under the present adj
ministration in $780," e. Kirk Nc
Kinney, works board president, ex-
planned.
"The field was purchased under
the Slack administration, but most
of the improvements were carried
out under the present administra-
ton"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-28
POLICE REDUCE
1000 JOINTS
BY FIVE RAIDS
Jim and MabIe'S' Yields
Alcohol, Whisky, Say
City CopperS.

The city's thousand speakeasies
we're reduced by five more today
after police blotter squads made a
series Of visits with search war
rants Monday night.
Jim and Mabel's," said to be
M of the most notorious places in
the city. was raided, and alcohol,
whisky and three slot machiL.- S
we're conf1scated, according to po-
lice.
James and Mabel Netherinton,
who operated the alleged speakeasy
at 1717-19 Kentucky avenue, were
charged with blind tiger and keep
ing a gaming house. -Four slot ma
chimes, police say, were spirited
away while the search was on.
Sergeant william Fields squad
arrested Mrs. Florence Smith, $50
South Keystone avenue, after a raid
at her home Melted seventy-three
quarts of home brew and a half
gallon Of whisky, and later raided
John Brennan, 1923 South State
avenue, co~n1Scat1ng SlXty-nlne
quarts Of home brew and five gal
Ions of whisky.
Seventeen gallons of alcohol, hid
den in a vacant house at 2123 Shell
don street, were seized, but no ar
rest was made.
Police and federal dry agents
raided the Roxie hotel, 320h East
Washington street, Monday and ar
rested Burch Simmons, operator of
the hotel, and Coleman Davidson,
ar employe, but obtained no liquor.
Mrs. Marie Stricken, operator of
a beer flat at 1927 Park avenue, was
fined 500 and sentenced to thirty
days imprisonment when convicted
on a blind tiger charge in municipal
court Monday.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-28
GRASSHOPPERS
HARVESTED BY
GIANT SCOOPS
Nebraska Farmers Crop
Destroyed by Millions
of Insects.
By United Press

By United Press
GOTHENBURG. Neb., July %
Huge homemade machines known as
"bulkers" rolled across Nebraska
fields today as farmers harvested"
bushels of greyish-yellow, devasting
graSshoppers instead of the tons of
grain which they had hoped to reap.
Fighting no longer with any hope
OF saving this years crops, many
farmers stored their threshers and
went into action with the "bulkers''
which scooped up the swarming in
sectS from the barren fields and
tossed them into oil containers.
At the end Of each round of the
fields, the insects were dumped in
piles to be burned. There was little
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-28

visit the lot during the morning
and you'll find the real workers.
Once things r in place the bag
gage stock are bedded down in the
block-long stables where they snooze
and eat during the hours when the
'ring-stock" are prancing in the big
top.
"Al1 fine, too" admits Tom Lynch,
the 79-year-old boss of the baggage
stock department, who has been
ffty-four years with the big show.
Mighty purity sight. But Shucks.
They're just dude ponies. Nary one
Of EN- worth a cent when it comes
to pullin'. Without the baggage
stock there wouldn't be no circus
for them to kick up in"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-28

Not all the circus horses appear
in the rings.
Of the almost seven hundred to
be brought here by the Ringing
Brothers and Barnum 81 Bailey
combined shows Thursday, July 80,
400 r of the working variety. The
circus men call them the baggage
stock"
They are the hill billies" of the
show lot.
Except for the few that draw the
sprinkling wagons you'll look in
vain for the big dapple greys if
you go to the circus grounds only
just in time to "see the show" But
go early to the railroad yards or
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-28
Honors Confined to Present
City Hall Regime, With
Ex- Mayor Ignored.
Angel wrote and vanished. The next
at came again with a great Weakening
10 Ben Adhems' name led all the

Unlike Abou Ben Adhem, when
former Mayor L. Ert Slack gazes
upon q handsome bronze plaque to
be erected in the municipal airport
administration building, he'll not
find his name there,
Order for the plaque vas placed
Monday by the works board, in
preparation for dedication of the
port.
1t was during Stacks adminiStra-
ton that plans for a big municipal
airport were started, and Slack
named committees which studied
the situation for months, and even
tually selected and purchased the
present site and started improve
mentS.
The plaque will bear names Of
Mayor Reginald H. Sullivan, who
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-28
BACK HOME AGAIN
AUTOMOBILES recovered by police

stolen automobiles recovered BY police
Ernest A. Wheeler. 3l6 South Lockburn
street. Chrysler. roadster, found at 900 West
Michiga street.
Ford coupe. found at 1900 Naomi street.
Theodore Rice Jr.. Charlottesville. Ford
coupe. found on Tenth street. near White
Oidsmobile coach. no license, no eerti-
fcate of title, found In woods west of
Kentucky avenue, two blocks south OF
RAYMOND street.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-28
TIRE SHOP CELEBRATES
Fifth Anniversary Is Observed by
Rose Company.

Fifth anniversary of the Rose Tire
Company, 365 South Meridian
street, is being observed this week.
AS a key distributor of Miller
Tires, the Rose Tire Company is a
contender for first place in the
number of carloads purchased each
year. The set-up at the local estab-
liShment is used as a model by the
merchandising department of the
Miller Rubber Products Company.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-28
SHOALS APPOINTMENT
STIRS CARAVANS IRE
Worst for Post" Say Arkansas
Senator Of Farm Bureau Head.

By Soripps-HotOdrd Newspaper Alliance
WASHINGTON, July 28.-Ac-
ceptance Of a place on the new joint
Muscle Shoals commission by Ed
ward A. O'Neal Of Alabama, presi-
dent of the American Farm Bureau
Federation, has met with strong
criticism from Senator Caraway Of
Arkansas.
Caraway Is head Of the senate
lobby Investigating committee which
exposed the Muscle Shoals lobby.
$50 far as the senate is con-
cerned," said Caraway, President
Hoover could not have selected a
worse appointee than Edward A.
OyNeal. In my opinion, he was dis
credited thoroughly by disclosures
of the lobby investigation concern
ing Muscle Shoals.
He already has expressed him
self on the Muscle Shoals problem
and can not now consider it with
an open mind"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-28
New State Grange Master

By Times Special
ELKHART. Ind, July 28.-Fran-
els Light, farmer living east of here,
is the new head of the Indiana
Grange, taking the place of Jesse
Newsom, Columbus, who died of in
jurieS suffered In a fall. Light au-
tomatically advanced from overSeer
to master.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-28
SUB SAILS FOR ARCTIC

wilkins Resumes Voyage With His
Undersea Boat Repaired.
By United Press
PLYMOUTH, England, July %
The submarine Nautilus, command
ed by Sir Hubert Wilkins, left to-
day for Bergen, Norway, on its dar-
ing undersea to the Arctic.
The submarine has been in Plym-
outh undergoing repairs, following
it's breakdown in mid-Atlantic re-
Gently. 1t had engine trouble and
was towed to Plymouth by the U.
S. S. Wyoming.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-28
Theft Charge Follows Fine

By Times Special
RICHMOND, Ind, July 2S.-After
being fined in city court here for
lack of a drivers license, Richard
Ivonof, Cincinnati, was turned over
to Connersville authorities charged
with stealing an automobile from
John G. Hackleman of that city.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-28
Gone, but Not Forgotten

automobiles reported to police as stolen
Clarence L. shuey. 7o1 Sanders street,
Ford ceupse; So-o'4' from near Southport
Charles Warrenburg. 1921 Hoefgen. street.
Ford touring. 86-87S. from Garheld PARK.
Charles McClacken. 1919 villa avenue,
Marmon sedan. 53-0s6. from Morris and
Shelby streets.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-28
City Lights to Cost Less

By Times Special
WARSAW, Ind, July 28.-Street
lighting rates have been reduced
here to effect a saving of $2,883 a
year, as a result of several months
of negotiations between officials of
the city and the Northern Indiana
Public Service Company.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-28

alarming numbers Of the insects,
with It becoming apparent that hui
man suffering from lack Of food
and loss Of income win be unayoids
able this winter.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-28

left for the millions Of invading
'hoppers to destroy. but farmers
hoped that by killing of this years
horde the danger of a similar in
vaSion next year could be reduced.
Autos Kill HOrdes
The "bulkers" were just one form
of defense employed to fight the
millions of 'boppers which have
swarmed the last few weeks across
farms Of several mid-western states,
destroyed one field after an other in
their march and def1ed all efforts of
man to stop them.
On other farms automobiles were
brought into use. Erecting a screen
at the front to catch the grasshop-
pers, and attaching them to bat
teries, farmers drove through their
acreageS electrocuting the pests.
In some sections, bran mash was
poisoned and placed in the fields,
but loss Of chickens and livestock,
which ate the poisoned stuff, was
so great as to make this method
generally impracticable.
Loss to Be Heavy
Last year there was a heavy hatch
of 'hoppers, but their numbers were
not destructive, and little attention
vas paid to them. A mild winter
preserved the eggs and the present
infestation is the result.
So far sixty-three of Nebraska's
ninetY-three counties have renorted
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-28

GlasS-hned tank cars for thu
transportation Of milk have been
introduced on British railways.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-28

Beautiful rugs of first quality in patterns
colors that will harmonic perfectly
with your larger rugs. Actually worth
1896. Choice ACKNOWLEDGEMENTS.
The Washington times., 1931-10-15
.U.S.NAvYFL|ERS
LEAD WORLD

The American policy Of main.
tanning two separate air forces,
one each for the Army and the
Navy. has provided this nation
ranking fourth as a world air
power, first place in the world
Of naval aviation.
AS a world power in aviation
the United States ranks after
France, Great Britain and Italy.
But this country is far and away
ahead Of the rest Of the world
in naval aviation.
A total Of 776 fighting planes
are today available for service
with the American Navy, accord
ing to the newly published fig.
ureS. France, whose combined
air force rivals that Of all Eu-
rope, could put but SIS planes
into the air with her Navy on
short notice.
Little Japan, with an air force
ranking last as a world aerial
power, and the only nation with
an Army-Navy aviation policy
similar to that Of the United
States, attained third place in
naval aviation. She could place
492 planes into service with her
fighting vessels. Considering rou-
tine tactical naval aviation alone,
Japan ranks second to the United
States.
The Washington times., 1931-10-15
Masses Losing Faith
in Politics, Says
Great Writer
Copyright, 1881. by international
News Service)

Copyright 1881, by international
News service)
NEW YORK, Oct. 1S-"The
Western civilization Is on the
brink Of an economic and social
breakdown. One wheel Of the
car is already over the cliff.
We must throw out the poll
ticianS and spectators before
the car goes over"
This is what H. G. wells
prophet and scientist. told Inter
national News Service in an ex
elusive interview today.
$50, ,OOO.WOrd Book
Wells has come over from
London to arrange for the publ.
cation of his latest 250,000-woro
book, The Work. Wealth, and
Happiness Of Mankind"-a book
on the pressing problems Of the
world today.
He predicts the next four years
will prove one of the greatest
tests of brain power mankind
has ever faced. Either the much
acclaimed brain Of man will find
a solution or modern civilization,
as we know it, will crumple.
Wells said America should have
no misunderstanding Of the situa
ton in Europe.
Germany and Central Eu-
rope are on the verge of social
breakdown that threatens to
sweep the western world.