davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30
Special Dispatch to The star.

Special Dispatch to The Star.
NEW YORK, July S0.-While Wall
Street awaited the outcome Of the
United States Steel Corporation quar-.
terly directors meeting yesterday after
noon, the Midsummer dizziness In secur-
ity markets was accumulated. Having
had some time to put itself into the
proper mental attitude for dividend re-
auctions, the financial district is less
concerned about that than over wage
policies
Most large corporations make q dis
tinction between salaries and wages, the
former applying to the so-called white
collar jobs. Salaried employees have for
the most part been retained on full
time, if at ALL and they, In effect, have
had wage increases. Wholesale COM
modify prices, measured by the Bureau
of Labor statistics index. are down ~
per cent in the past two years, although
the actual cost of living probably has
come down much less. Retail prices
lag behind wholesale prices and the
item of rents is slow mover. Little
political repercussion will be felt from
reduction in salaries.
No great attention is paid here to
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30
NEW SECURITIES.

NEW YORK. July 80 (Pl.-New
securities offered today include:
West Penn Power Co., $i0,000,000
FIRST mortgage bonds, series H, per
cent, due July !, 1851, priced at SO and
accrued interest to yield 4.23 per cent,
by w. C. Langley e. Co.
Pennsylvania Electric Co., $4,000. 900
312 per cent notes, due August l, 1882,
priced at COTS and interest. yielding
375 per cent, by q syndicate headed by
Chase Harris Forbes Corporation.
Westchester County, N. Y, $5,54e350
1888 per cent certificates Of indebted
ness, due June 5. 1882, priced to yield
SIS per cent, by the Guaranty Co. and
r. w. Pressprich & Co.
Salt Lake City, s1.3o0,000 I per cent
bonds. due July l, 1913 to 1859, inclu-
sive, priced to yied about to 3.85 per
cent, by the National City Co.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30
Pipe Line Extensions.

NEW YORK. July 30 (R-Brokaw,
DixoT,. Garner 81 Mckee, oil and gas
engineers who are supervising con-
str,iction of the SAC, 100000 Panhandle
Eastern pipe line to carry natural gas
from Texas to Western Indiana, an
nolInced today that gas viii be de-
Iivered to the city gates Of Jacksonville,
III. by August 8; Decatur. Ill, by
August %; Peoria, ILL.,, by September
/: Champaign, Ill, by September 10.
and Danville, ILL.,, by September 25.
Gas has been turned into the main line
10 8 point just east Of the Illinois River.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30

French Credit RumOF.
Rumors have been current for the
past several days of 100000, 900
French credit to Great Britain and
that, in connection with such trans
action, French Withdrawals from Lon
don would cease. French balances in
London are placed at about S375, 000,-
600. and are largely the balances of the
Bank Of France.
While Withdrawals have been some
what embarrassing to the British it
should be remembered that the Eng
lish reserve is more than adequate
Furthermore. If London desired bank
credits 1t could readily obtain them
through the reserve bank, and Ameri-
can commercial banks would not hest
tate to participate, as they did at the
time when a $500, 900 900 credit was ar
ranged here on behalf of Great Britain
Golf Club Properties.
Few realize that among the mai
industries of the United States golf
holds a prominent place. A survey
made by the Continental Insurance Co.
estimates the value of golf club proper
ties at $1,000 900 and the annual ex-
penditure for balls and clubs at SlO,-
100000. 1t is also stated that clubs
provide regular employment for about
$4,000 persons, not including the hun
dreds Of thousands of caddies.
Commodity Prices.
1t is growing somewhat monotonous
to speak constantly of new daily lows
for commodities, especially agricultural
products. Nevertheless, it is interesting
to point out that the price of wheat in
Liverpool has reached the lowest figure
recorded in three centuries.
The markets in the United States
we're somewhat better yesterday After
having sold lower than at any time
since 1895, wheat rallied appreciably,
as did also corn, which had reached
the lowest on record, with the exception
of quotations in September. 1895. Lack
of demand and absence of speculative
activities would seem to account for the
situation.
Ship Rates Reduced.
While American railroads expect SAL
walton from an increase in rates. ship
ping companies are seeking it in re-
auctions. Eighteen transatlantic lines
have Just announced cut in frst-clasS
passenger rates ranging from 10 to 80
per cent, effective August IT. Third
class rates are reduced IS per cent,
with somewhat similar cuts In cabin,
tourist ana Seconu.cIaSS rates.
Credit Inquiry.
The committee TO investigate Ger
many's economic situation and her need
for new credits Is about to be named
by the Bank for International Settle
ments. 1t is generally believed that a
representative Of the Federal Reserve
Bank Of New York will also be included.
Although the Reserve Bank partici-
pated in the recent 500. 000, COO credit
to Germany to the extent OF $25,000,-
900, 1t has no official representation on
the board of the Bank for Interna-
tional Settlements.
The appointment Of a Reserve Bank
offlcial may be the forerunner to closer
rela lions between the two institutions
and may possibly lead to Washington
formally approving the Reserve Bank
being represented on the board OF d.
rectors of the European bank.
Brazilian Central Bank.
Complying with recommendations
made by Sir Otto Niemeyer in his
comprehensive survey Of Brazil's eco
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30
Grain Market

BY the Associated Press
CHICAGO, July 30-Sudden set
backs in corn prices today after a
sharp new upturn indicated that a
corner in July corn had been ended
by private negotiations outside the
trading pit. The market huctuated
wildly for time and covered a range
Of 7Ss cents, but finally lowered near
yesterdays close when trading ended
after a jump of 10 cents. Deliveries
on July contracts today aggregated L.
100000 bushels.
Corn closed irregular. at q cents
lower TO = higher wheat ss-7s down,
oats ss-l cent of and provisions show.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30
WAGE CUTS SEEN AS NECESSITY
BY WALL STREET OBSERVERS

charges Of breach of faith with the adj
ministration on wages. Any agreements
made at the 1929 conferences neces-
sarily were based on intentions. ability
to pay and the assumption that the
trade recession would be temporary
affair. No corporation executive prom
Used to maintain wages through the
rigorS of one of the most severe busi-
ness depressionS the, country has ex-
perienced. Secretary Lamont's pub
lished letter on the subject was re-
garded in Wall Street as official recog-
milton of this fact.
Except that it will emphasize the
severity of the trade slump, wage cuts
probably will not increase pessimism in
Wall Street. They are regarded as q
hurdle which will have to be jumped
before restoration of prosperity. Bank
ers mostly favor them, but cannot be
said to press for wage cuts.
tCopyright 1917
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30
CHICAGO DAIRY MARKET.

CHICAGO. July 80 Pt-Butter.
s,149 tubs, firm creamery specials 1913
scorel, 25a25i2 extras (92 score), 24l2;
extra frsts (9o-91 score), 23a23l2;
frsts 1889 Score). 2la22: seconds
score centralized carlots), IS.
Eggs, $685. cases, steady; prices I'M
changed.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30

SeHeIaly e<pecLeu was followed by rumOrS
that there would be a reduction or pos
sibly an omission in the dividend rate of
Bethlehem Steel at todays meeting.
Anticipation OF such a move, and a fear
that other corporations might resort to
equally drastic measures concerning divi-
dends, caused additional liquidation on a
somewhat larger turnover and seemed to
induce short selling on q rather more ex-
tensive scale.
Those, however, who hope to operate
successfully on the short side of the mar
ket should take into account the fact that
liquidation has pretty well run its course:
that the floating supply Of shares has been
reduced to minimum, and that the buy
ing is becoming Of somewhat more i'm
preSsive character than the selling.
Lamonts Remarks.
There appears to be some misunder-
standing in Washington regarding Secre-
tary of Commerce Lamont'S remarks con-
corning wage cuts
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30
METAL MARKET.

NEW YORK, July 80 P.-Copper
steady: electrolytic. spot and future,
~ az. Iron quiet; unchanged. Tin
easy; spot and nearby, 24l2; future,
2425. Lead steady; spot. New York,
4.4o; East st. Louis. 4.22. Zinc steady;
East St. Louis, spot, 3s7; future. $50.
Anthony, $40. Quicksilver, 94.00.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30

nomic and financial condition, the
Brazilian government is taking steps
to form a central bank. The capital
of $50, 600, 900 is to be furnished by all
banks, national as well as foreign.
Subscription for the stock in the in
stitution will be compulsory and is ex-
pected to be based on the assets of the
enterprise called upon to take up the
shares.
Copyright, 1881, by North American News
paper Alliance, Inc)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30
New York Cotton
speeial plspatch 70 rhe star.

bpVLIUI DAUpHVOHI 70 bNWEs
NEW YORK, July 30.-Though cot
ton made new low records for the year
at the opening today, an oversold tech
meal position developed below ga cents
for October and strong recovery OF o
dollar q bale followed. Despite better
weather and large crop estimates, the
market displayed considerable steadi-
ness and closed unchanged to 8 points
higher on the day Spots were ad-
vanced points to $50.
Chiffon range.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30
MONEY MARKET.

NEW YORK, July 80 CR-Call
money steady; y per cent all day.
Time loans steady; "a months, Aa1 X;
SIS months, i34a2 per cent. Prime
commercial paper. 134a2. Bankers ac-
ceptances unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30
Quotations furnished By W. B. Hibbs A. CO..
Nominal gold Selling checks
TREASURY CERTIFICATES.
PARIS B0URsE PRICES.

PARIS. July 80 R.-Three per cent
rentes. 81 francs 70 confines. Five per
cent loan, 104 francs 10 confines. Ex-
change on London. 1913 francs 90la cen
times The dollar was quoted at Is
francs 501z centimes.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30
POTATO MARKET.

CHICAGO, July 80 (R.-Potatoes. 70;
on track. 22i; total United States ship.
ments, 4sl; weaker, trading slow;
sacked per hundredweight cobblers,
Missouri, 1,I0a1 rs; virginia, barrel, 2.40
a2.5O; occasional car higher.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30

issued the White
the administration
policy administration advocating
should be changed 1t changed
Secretary Klein upon employers
buying power Of the consumer
Nevertheless must be remembered that to the
the price OF and the corresponding in the
OF the dollar,
seriously impaired by reasonable cut in wages.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30
INTEREST RATES.
By the Associated Press.

BY The Associated Press.
No change occurred in money rates
last week as their change was calcu-
lated by the Department of Commerce
In the averages that follow the level is
given for both classes of funds at lead
ing centers for comparable periods:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30
Exchange Seat Cost Drops.

NEW YORK. July 80 LP.-Arrange-
ments were made today for the sale Of
New York Stock Exchange member
ship for $4,000, of SIS, 900 from the
last transfer
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30
Everybody's Business
Shorts in Stock Market Should Realize That Liquda-
ton Has About Run Its Course and "FloGt-
ing Supply" Is at Minimum.
BY DR.. MAX WINKLER.
Special Dispatch to The


YORK July sO-Despite from man
to the contrary the reduction in the United
dividend received favoraby Steel
overnight loss Of points, extending the
the entire market.
cut in the of what we
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30
CHICAGO STOCK MARKET

CHICAGO, July 30.-Following is the
complete official list of transactions in
stocks on the Chicago Stock Exchange
TODAY
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30
Decline in Earnings.

NEW YORK, July 80 (P).-First half
year earnings reported of lit industrial
companies aggregate $133, l37, 900, a de-
cline of 30 per cent from the $l86,630,-
900 reported by identical companies in
the corresponding period last year. a
survey by Standard Statistics Co. says.
The survey adds that it is probable total
industrial prifits registered a consider
ably more pronounced recession.
Restriction of the area grown to cot
ton is being urged by the Egyptian gov
eminent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30
NEW YORK CURB MARKET s s": Il. :1 :: S x

Note-An stocks are sold In one hundred-Snare 100
excepting those designated BY the letter (s0s (2Scs,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30

SILVER QUOTATIONS.
NEW YORK, July 80 (R).-Bar silver
steady and "a higher at %.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30
RIGHTS.

y Westvaco Sept >.
Dividend ouaery or semi. an
nps payment sx dividend iPsrtly extra IPlui
dividend PHYS S% In stock Pu. g" Plus IL
STOCK Plus IL in STOCK PAID last ysar S u; ~ in
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30

A' Bona spi sales today. $1,000 shares. %" ''
Bonds unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-30
BONDS.
10

Copyright, 1881, Standard Statistics Coz
Nogales international., 1931-01-14
LEGAL NOTICE
uated in the Nogales Mining IBIS
trict, Santa Cruz County. State
Arizona and described as fellows

uated in the Nogales Mining Dis
trict, Santa Cruz County. State
Arizona and described as fellows
These mining claims, according to
location notices thereof. recorded,
respectively, in Book 10, page 587;
Book, 10, page COS; Book 10. page
500: Book 10, page 603; Book 10,
page SOL; Book 10, page 5s9; BOOK
10, page 600; Book 10, page 6O4;
Book 10, page 608; Book 10, page
COG; Book 10, page 610: Book 10,
page 594; Book 10, page 592; Eook
10, page 593; Book 81, page 81;
Book 81, page 65; of Mining Loca-
tions, Records of Santa Cruz et~.r
ty, State of Arizona.
That said work was doae and im
provements made on sale ;iastn
during the year 1929-193b n of7e
!, hold the said claims .;,ldei "
NJ visions of Section 1924 OF -
ed Statutes of the Unite0 states,
and the amendments, and the laws
of the State of Arizona, concern
ing annual labor to be done on min
ing claims.
That there is due from you to
the undersigned the sum OF ($8OO.OO)
EIGHT HUNDRED DOLLARS, on
account of your share of the said
SIXTEEN HUNDRED DOLLARS,
($16O0.OO) expended for annual Ia
Dor on the said mining claims dur
ing the year 1929-1930 and, you
are hereby notified by the under
signed that if within ninety days
the sum of EIGHT HUNDRED
after the service of this notice up
on you by publication, you fail, re-
fuse or neglect to contribute your
portion of sucn expenditure, to-wit;
DOLLARS ($8O0.00) to the under
signed, your interest in said mining
claims will become the property OF
the undersigned, your co-owner. IN
accordance with the law in SUCH
cases made and provided.
Dated November 8, 1890, State OF
Arizona, County Of Santa Cruz.
H. j. FARMER,
NogaleS, Arizona.
(11-4 II Fri0
Nogales international., 1931-01-14
SOME NOTABLES WE HAVE MET
BY The Staff
THEODORE ROOSEVELT

President interviewed the late Theo
interesting experience occurred Phoenix when
Teddy dedicate the Roosevelt Dam In the spring
of
Assigned Gazette to the big occasion and
the city then being only about
it's with number OF oner scpeS "hen
shouted there he comes
Trailing finally cornered
the Ford Hotel which
Phoenix Teddy
particularly after member of the recep
ton that forbidden by
the old Phoenix city hall build
ng tornd a
Nogales international., 1931-01-14

She turned her head slowly and
looked at him in blank amazement.
II beg yoAr pardon she said at
last.
Scho6eld's honest eyes met hers un-
falteringly.
II said there was one here" he re-
peated. II suppose you are surprised.
/ have not forgotten that we met last
night for the first time, but directly
I saw you everything was changed for
me. have rlever-never felt for any
woman what / felt for you last night.
l daresay you think it presumption on
my part to have said as much as have
done, but some day if there is no other
man you care for ="
Julie gasped.
Nogales international., 1931-01-14
(AT@5@{RlQ{&ENJ(f6>
V}%fR95x RUBY. n:As,I!RESu 0$&kXW

Schofield looked surprised at her
vehemence.
"It sounds rather as If you dislike
him"
Julie shrugged her shoulders. There
was little hard look i'll her pretty
eyes.
"I don't dislike him." she said, I'm
just quite indifferent"
$50
Since his introduction to Doris at the
Faun, Giles saw a good deal more
of her than he wished to see. At first
he had accepted her invitations in the
hope that perhaps Julie might also be
included, but he had always been dis
appointed.
Once when he had mentioned her
Nogales international., 1931-01-14
Julie gasped.

me to m0Try you9" -
"Some day I want to ask you If you
VIII"
Julie felt as il she were dreaming.
She broke out desperately:
"But you know nothing about me-
|nothing!"
"I know you are the woman with
whom could be perfectly happy"
She laughed derisively.
"That is bold statement. If I were
to tell you -"
He just touched her hand with his.
Nothing would make any differ
ence."
She felt her eyes wet with sudden
tears.
care you just !. joking?" she
asked.
"No." \
She looked at him for a long mo-
ment in silence; she felt as if she saw
him now for the first time. He was
not young, as he had told her, and he
was not good-looking, but there was
something in his face-a steadfastness
and sincerity which was like balm
poured into her acking heart.
''I don't want you to say anything
now," he was telling her. IF you will
ljust let me see you-often ! and be your
friend"
81 don't know why you are so kind
to me-"
| 81 am being kind to myself"
She looked away, winking the tears
from her lashes.
He was so simple and sincere. He
was like breath from her old peace
full life. Lately she had seen so little
of simple honesty and sincerity. Some
times she thought she had left I'll those
things behind her on the snow-capped
mountain tops.
"Where have you been hiding all
these years." she asked impulsively.
He told her quite frankly.
give lived in country town-I've
just been nobody, Junior partner in
highly respectable firm of solicitors.
My wife died-she was never very
strong, and then distant relation died
too and left me some money-quite
lot of money"
Lucky you'll" Julie said.
eyes," he answered, "I think I was
very lucky" and his eyes were on her
face. II hope my luck will continue
to hold" he added.
II think you deserve that it should"
Julie said. You are the kind of man
who would spoil a woman terribly"
Julie said.
"It would give me great happiness
| if I had the right to spoil you"
She laughed rather sadly.
"It's such early days. Soon-per-
haps quite soon-you will know me
better, and then you will wonder why
you ever thought me nice at all. I've
got all sorts of vices"
"I don't believe you."
They spoke of the others who had
been at the Faun.
''I tell you who I did like" Schoheld
said. "That tall fellow-what was his
Chittenham?"
Julie caught her breath.
"Oh, yes-I forgot that you met
him."
81 liked him." Schohe1d said again
meditatively. Il believe I've met him
before somewhere, but I can't quite
remember. If l were woman, he is
the kind of man who would attract
me-"
"He detests all women"
Nonsense! a man like that"
Julie broke in excitedly:
II tell you he does-ask any one
who knows him! he's woman-hater."
Then there must be a good reason
for it."
'Conceit, I should think!" Julie said
fippantly. "He imagines that all wo-
men are running after him."
Nogales international., 1931-01-14
WHEN
d i: FOOD SOURS.

a BOUT two hours after eating, many
1A people suffer from sour stomachs
They call it indigestion. 1t means thai
the stomach nerves have been over
stimulated. There is excess acid. The
way to correct it is with an alkali, which
neusralizeS many times it's volume in
The right way is Phillips Milk o.
N1agnesia-just tasteless dose in water
1t IS pleasant, efficient and harmless
1t is the quick method. Results come
almost instantly. 1t is the approved
method. You will never use another
when you know.
Be sure to get the genuine Phillips
Milk OF Magnesia, the kind physicians
prescribe TO correct excess acids. Csc
end SOC bottle-any drugstore.
Milk Of Magnesia" has been the u. S.
Registered Trade Mark of The Charles
Il. Phillips Chemical Company and its
predecessor Charles II. Phillips since
1875. JAW
Nogales international., 1931-01-14
LEGAL NOTICE
NOTICE OF FORFEITURE
To DAVID E. WOLFE.


You are hereby notified that I,
the undersigned, have expended
during the year 1880, the sum
of SIXTEEN HUNDRED DOLLARS
($16o00O), in labor and improve
ments ON the following described
mining claims, being ONE HUN
DRED DOLLARS, ($100.00) worth
of labor and improvements on each
of the following named mining
claims, to-wit: These, The Last
Chance, Silent Friend, Tuos Steer,
Rose Bud, Golden Reef, Queen Bee,
Lone Star, Fair View, an.e1i~>
Uncle Sammy, Blue Jay, oecu1't'
Treasurer, Revenue, Lilly, anc H:n'
Bennett, certain mining claims 81