davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-03
CLASS PASSENGER FARE
PLAN MAY BE EXTENDED
Rv The AssocIated Press.

By the Associated Press.
CHICAGO, January 3.-George j.
Mcclure, secretary of the Western Pas
senger Association, said today Eastern
railroads probably would follow trans
Mississippi lines if their experiment
with day coach rates of cents a mile
is successful.
Until June 80 travellers can buy
tickets from Chicago, st. Louis and all
other points west of the Mississippi to
the Pacific Coast and some parts of
Western British Columbia at $7720 for
standard fare, SOS for tourist accommo-
dations or $50 for day coach seats.
MCGUIRE said Eastern roads are anx-
iously awaiting the result of the effort
to compete with motor bus and private
automobile competition. He said the
three-claSs system was tried success
fully in the Spring and Fall of 1929
and 1890.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-03
BY DAVID ]. WILKIE,
Associated Press Stan Writer.

NEW YORK. January 3-An en-
couraging outlook is afforded by the
automobile industry on the eve of the
national automobile shows, according
to Alvan Macauley, president of the
National Automobile Chamber of
Commerce. In statement Mr..
Macauley said that prospects for an
early resumption of increased buying
activity are strengthened by facts and
not sentimental optimism.
Any substantial improvement in
business conditions. Mr.. Macauley said,
must be preceded by an upward turn
in the motor car industry. The in
dustry, he added, will occupy position
of increased Importance in world bust
ness when 1t energies from the trying
experiences of the last IA months"
Importance of Industry.
THE industry" Mr.. Macauley said.
lis under the microscope. Economists
who appreciate the vast extent of its
influence upon other industries are
scrutinizing the motor business closely
for indications which. they agree, must
precede any substantial improvement
in current conditions.
THAT the motor car industry should
assume responsibility for such leader
ship follows naturally when one con-
siders the automobiles role in industry
and commerce.
ut was not to have been expected
that the record production of more
than 512 million vehicles in 1929 would
be duplicated again the following year.
During the year car makers have
acquired new conception of the i'm
porance of their dealer organizations.
They now. appreciate the necessity of
gearing production to consumer de-
mands, and it is not likely they soon
will forget this lesson. AS a result of
manufacturer supervision, current in
ventories of both new and used cars
have been reduced to healthy condi-
ton, which will enable the industry
to take immediate advantage of trade
revival on short notice
Referring to what ne termed the
long debated hypothetical saturation
point of the motor vehicle. market" Mr..
Macauley said:
Installment Selling.
1.-THE evidence denies the possibility
of a fixed saturation point so long as the
population of the world continues t."
grow, its standards of living are main
tanned and as long as cars wear out.
Highway transportation has attached
itself inSeparably to the American man.
ner of living-has become an economic
necessity in the lives Of most people
Concerning installment selling Of mo-
tor cars, he said:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-03
STOCKS IRREGULAR
AT SHORT SESSION
Rail Group Featured in Trad
ing-NeW Highs Made
on Recovery.
BY GEORGE T. HUGHES.

Special Dispatch TO The Star.
NEW YORK. January 3.-Further
advances were scored in the early trad
ing in today's week end stock market,
but only partially held, as realizing
made itself felt in the second hour,
Volume. however, was much larger
when prices were rising than when
they we're reacting.
The important overnight news was of
course the submission Of Eastern trunk
line consolidation plan to the Inter-
state Commerce Commission for APP
proval, with the disposition it announced
for various subsidiary lines. The mar
ket's reaction was higher prices and not
accompanied by the activity which fea-
tured other railway merger markets two
or three years ago.
Rail Group Advances.
One of the strong carrier issues was
Delaware &c Hudson, up points from
the last sale. Whether the proposition
for Joint control of this line by the
four systems will be acceptable to the
commission is not so sure, but on earn
ings and yield Delaware g. Hudson was
entitled to sell higher. The known
strong cash position was another argu-
ment in favor CT the stock.
Other railway stocks to improve in
cluded Baltimore e. Ohio, Northern Pa
ciflc, New York Central and Southern
Railway. In Southern, the short in
terest is still large.
New highs on the recovery were made
by such important stocks as United
States Steel and American Telephone
81 Telegraph. Steel was taken in large
blocks, one lot of $500 shares coming
out at 143, up point net. American
Telephone crossed 1873, up almost Z
points from Fridays low. The char
acter of the stocks chosen for lead
ership inspired confidence in the mar
ket and accelerated short covering.
Motor Group Firm.
Motor stocks were firm throughout
under the leadership of General Motors,
at a new nigh on the movement. This
is one stock which has given q con-
sistent performance, even during the
tax selling OF the last week in Deem
Der, a performance that suggested ac-
emulation by a strong group.
Better demand was in evidence for
stocks which have reported good earn
ings throughout the depression but
which were ignored during the general
market weakness An example Is In
ternational Cement, on which 1880
earnings are estimated at over 81 per
share and which sold today to yield
7l2 per cent on the 81 dividend. There
was also buying of stocks which give
an abnormally high return reasonably
well protected by earnings, such as Con-
tinental Baking preferred.
Copyright, 1919
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-03
BUSINESS LEADERSHIP
NEEDED, SAYS ERSKINE

By the Associated Press.
NEW YORK, January 3. A. r..
Erskine, president. of the Studebaker
Corporation, believes that the country
needs leadership which will establish
confidence in existing prices.
In a telegram TO S. A. Miles, general
manager of the 1881 New York Auto
mobile Show. Mr. Erskine, who also is
member of the Show Committee of the
National Automobile Chamber of Com
merce, said that whenever consumers
and investors have convincing evidence
that prices have reached bottom in
creased buying will begin and the ma
chinery Of production, distribution and
employment will function in a more
normal manner.
Practically all producers, distrib-
utors, consumers and investors have
been demorali1ed from continuous liqui-
dalton of property at sacrifice prices, "
the telegram said. land this facilitating
process must cease before prosperity can
return"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-03
OUTPUT OF ELECTRICITY
SHOWS SLIGHT DECREASE

BY the Associated Press
Production Of electricity by the cleo
trio light and power industry of the
Nation amounted to 1886, 346. 900 kilo-
watt hours during the week ended De-
cember 81. Due to the Christmas day
holiday, the output was less than the
week before and "a per cent less than
the total for the corresponding week Of
last year, according to calculation of
the National Electric Light Association
The Atlantic Seaboard showed an in
crease of % per cent over the same
week last year, but the great central
industrial region, outlined by Buffalo
Pittsburgh, Cincinnati, St. Louis and
Milwaukee. continued to show. as a
whole, a decrease of 81 per cent below
last year. while the Pacific Coast shows
decrease of II per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-03


Originally interested mainly in water
supply service, American Water Works
now derives the greater part Of its in
come from the sale of electric light and
power. 1t still controls the largest pri-
vately owned water works supply system,
and income from that source is stable,
put in recent years 1t has benefited
from the rapid expansion of the cleo
trio industry. Like other large public
been affected by the current business de-
preston. Up to and including April,
1880, electric output in kilowatt hours
was larger than the corresponding
months of 1929, but since that time
there has been a falling of. For the
first nine months of 1880 gross rev.
enues were up from those of 1929, but
net was slightly lower.
Expressed In earnings per share the
amount available for the IS preferred
during the first three-quarters of the
year was $36.17, against S37.24 in the
preceding year. For the common stock
the corresponding figures were $3.47 for
1880 and $3.50 for 1929. Fixed charges
were covered during these nine months
LAT times in 1880 and Isl times in
1929. This was a good showing con-
SlQSTlnB LIE luOuSITldl SlLuGJlOHs
| The market price. of the Sc preferred
at this writing ranges around par. The
common stock has long been a trading
favorite on the New York Stock Ex-
change and its 1880 range has been
over IS points In general the market,
as is the case with ether utilities, capt.
talizes earnings literally. The sub
salaries of American Wafer Works
have large funded debt, amounting to
more than $160,000,000, and preferred
stocks of more than $30,000,O00 par
value, interest and dividends on which
come ahead of the interest on the bonds
of the parent company and of the divi-
dends on its stocks.
Bonds of the holding company con-
sist of a short term issue maturing in
1884 selling to yield around Az per
cent and two long-term debentures ma
turing in 1875, one with per cent
coupon and one with per cent cou-
pom, selling to yield around SO and Sc
per cent, respectively. Call prices of
the long-term issue are far enough
away from the present quotations to
permit considerable price appreciation
in normal bond market.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-03
BROKER LOAN TOTAL
GAINS DURING WEEK
Increase of 100000 Is shown
by Federal Reserve Bank
Report.
Special Dispatch to The star.

Special Dispatch to The Star.
NEW YORK. January 3.-The weekly
statement Of the Federal Reserve on
BROKERS loans showed an increase Of
s6000,O0 foc the week ended Decem-
Der 81. 1880. bringing the total up 10
81 ,926 100000, compared with 81 800
100000 week ego, which was the rec
ord low. and $3.424.000 900 a year ago.
This weeks increase follows IL weeks
OF continuous decline, which amounted
to 81 3o2.000,000 since September "a
Loans for own account were S1,32i,-
100000, compared with $i,262, OOO. 900
for the week ended December "a; loans
for out-of-town barks were S235 900 900
against 1924 900 900, and loans for ac-
count OF others we're 1910 900 900, COM
pared with S363,000,000 OF the total,
demand loans made up $l.446, 600, 900,
against 81, 40S, 100000 week ago, and
time loans were $3.50, 900 900, compared
with $512 900 900
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-03
Canadian insurance SALES.

Ordinary life insurance paid for i'm
Canada in the first IL months Of 1880
was surpassed in volume only in 1929
and was much greater than in any
other year except 1923, according to
the Life Insurance Sales Research Blu
reau Of Hartford, Conn Sales for the
1880 period were almost equal to that
for the first IL months OF 1928. The
decrease. compared with 1929, was 7
per cent. but the 1880 sales were IS
Der cent above those for the same
period Eve years ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-03
NEW YORK STOCK EXCHANGE
Received wu+e to star once

Note-An stocks sold In hundred share lots
excepting those designated by the letter (0s) (250s)
which shows those stocks TO be sold in odd lots only
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-03
First Mortgage Loans

Lowest Rates of interest and Commission
Thomas J. Fisher & Company. Inc.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-03
Public Utilities
BY GEORGE t. HUGHES.

bI OEUHOE I. hUUHLS'
American Water Works & Electric Co.
(This is the eighteenth article of
series on the subject of public utilities,
covering the principal operating and
holding companies, giving their history,
field of operations and an analysis Of
the capital structure. Mr.. Hughes will
discuss bonds as well as stocks, but Will
present the facts without an yattempt to
recommend purchase or sale OF specinc
saciIrifiaS \
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-03
NEW YORK BANK STOCKS

NEW YORK. January 3 (P).-Over-
the-counter market
Banks
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-03
Money to Loan

Secured by first deed of trust on real estate.
Prevailing interest and commission:
Joseph |. Weller 80 s1dS wash 9Th 4 N TIR.'
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-03
Regular DeIiUery

over 100000 families read The
Star every day. The great ma
iority have the paper delivered
regularly every evening and Sum
day morning at a cost of IL
cents daily and 5 cents Sunday.
If you are not taking advan-
tage Of this regular service at
this low rate, telephone National
5000 now and service will start
tomorrow.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-03

Continued on Page 50
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-03

W. A. Spaid of w. B. Hibbs g. Co.,
Is spending a few days in Savannah,
Ga. He is expected back Monday.
A number of bankers will be among
the guests entertained at luncheon to-
day on board the S. S. Southland. The
luncheon is given by Raymond Riordon.
president of the Raymond Riordon
School Corporation, To the officers and
directors of the Norfolk 81 Washington
Steamboat Co. The Riordon School
Of Highland, n. Y, has chartered the
Southland and shortly will embark the
entire student body on the vessel for an
extended cruise to historic points on
Chesapeake Bay and its tributaries
The Washington times., 1931-02-24
Pure-dye Crepe Costume Slips, $3I5

Frenchnished crepe, in silhouette models that fit with
out single wrinkle. In tailored and lace trimmed
styles. Some have shadowpr panels others in wrap
styles. Flesh white, tan, navy, black.
Pure-dye Crepe Slips, silhouette styles, trimmed with
lace or in tailored styles. $2.35
French-fnished Pure-dye Crepe Slips, trimmed with
dainty laces tailored; several styles S315
Finer Slips of puredye crepe with fine aces; low
backs and bandeau tops. ....................$ .$475
Imported and Hand-embrodered Costume Slips, of
COSTUME SLIPS,
The Washington times., 1931-02-24

Pure-dye Crepe Gowns, s4.75

trimmed gowns of French-fnished pure dye crepe.
Lovely princesse models with ties skirts with flares
and inserts of lace Sizes 15 6 and IT, Flesh blue blush
Lacetrimmed Manese Boomers and Step-ns with
yoke frOnt) in tea-rOse. ACKNOWLEDGEMENTS $235
Lace trimmed Manese Vests, in tea-rose S1.55
Lace e-trimmed Milanese Chemise, bandeau top; low
back; bloomer stepin leg. Observation-Disclosures $395
Silk Crepe Chemise of French-fnshed pure-dye crepe
tailored and lacetrimmed. $235
Hand-embrodered Crepe Gowns-from France and
Austria; in tea-rose and ivory $3.50
SILK UNDERWEAR, THIRD FLOOR
The Washington times., 1931-02-24
Imported Elastic SteP-ins, Bien JoIie
CirdIes and Corsettes, S4>s5

This low price offers selection of imported English
stepns of hghgrade rayon elastic in 12nch boneless
model-or Bien Jolie sdehook grdles of peach pink
crepe de chine with fine eastic smart model with
smooth back ine-Bien Jole Corsette, lovely
piece garment of semisepn style that is boneess and
of pliable fabrics.
Woodhrop SemiStepn; elastic and figured batiste $595
Lily of France Duosettes-onepece garments of broche
Natures Rival CorsetBrasseres of crepe de chine with
Natures Rival -Brassieres, of fine broche and
LfecO $3.50
Longtime Lace Brassieres, two patterns $195
Longtime Brasseres of imported batiste Bandettes of
lace ana neC $l
coRsETs.
The Washington times., 1931-02-24
Uniforms, Special s2.55

Straghtne styles; of cotton pongee in black and grav
Morning uniforms, of pinstripe percae White popln
waistline uniforms for nurses
Rayon Uniforms black straighne and wastlne
Apron ses organdy Special cial............s1Is
UNIFORMS.
The Washington times., 1931-02-24
Junior Misses Street Dresses,S us
Rayon underthings, 85c each

Rayon Chemise; step-in style; sizes SO to "A.
Rayon Panties; sizes SO to A.
Knitted Combinations; mercerzed Isle Durene) three Styles
D TO " SpeclaI .9Sc
Rayon Gluvette Combinations pante styles;
special S5c
Snuggles theeinone garments 80 to Special
UNDERWEAR
The Waterbury Democrat., 1931-02-26
,.:s:.. .:: WDRC x.,ssss,.. .sss

F. M.
 S:00-Melody Magic; Emery
 Deutsch'S orchestra with
 female trio. S:S0-Virginia Arnold, pianist 5:45-Tony's Scrap Book. 6:O0-Time. 6:O0-Melodists 6:16-Uncle Joe and Aunt Emma. S:80-Pancho and his orchestra. 6s45-The Modernists. 7:0O-Harold B. Smith, pianist. 7:15-World Bookman. 1:20-Stock Quotations. 7:30-St Moritz orchestra. 7s45-Varieties s:00-Tme. S:o0-Art Gillham, whispering plan
 ist. 1:16-To be announced. 4:30-Singers. e:46-Familiar hymns; Ruth Good
 rich Horton, soprano. 9:00-Lee Morse o1b-Character readings. Lorna
 Fantin. Dramtized Tales of
 Mystery. 10:o0-Tme. lo:oo-The Lutheran Hour; Relig- ious Service from St Louis. Sermon by Dr Walter A.
 Maier. 10:80-Weather Report. a0:30 = Bloomfield Community
 Dances; Sammy Spring and
 his Barn Dance orchestra. 11:vV-Ben Bernie and his orches-
 tra. 1asso-12:oo-Radio Round Up.
The Waterbury Democrat., 1931-02-26
PRESENT MEDAL
 TO BOBBY JONES
Testimonial Dinner in Chi- cagO to Be Broadcast
 Tonight

Ceremonies incident to the presen- tatt0n of the James E.. Sullivan memorial medal to Bobby Jones, the noted golfer, this evening. will be broadcast from the Medinah Athletic club in Chicago, during a testimonial dinner to be given by the National Amateur Athletic union. The broad cast will be from 10 to 10:3O o'clock over an NBC-WJZ network.
 Avery Brundage, president of the A. A. U. and the American Olympic association will present the medal to the king of golf. Jones is expected to make brief speech of accept ance.
 Among other speakers scheduled for the program is H. H. Ramsay, of New Yory, president of the U. s. Golf association. M. Fl. Aylesworth, president of the National Broadcast ing company, will be 8 guest at the dinner.
 The James F. Sullivan memorial medal is awarded in recognition of outstanding performances in the field of sports in furthering the case of sportmanship.
The Waterbury Democrat., 1931-02-26
,,::s:. .es WABC x,.sss.,.. sec

S:00--Melody Magic. b:30-Biltmore orchestra. 5:46-Tony's Scrapbook. 6:00-Fulton Royal orchestra 6:20-Pancho orchestra. 6:45-Eno Crime club. 1:0O-Morton Downey, tenor, 7:15-St Moritz orchestra. 7:30-Chiclets Program. 7:45-Daddy and Rollo. 2:O0-Ann Leaf, organ. S:16-Quartet. S:3O-Ka/tenborn Edits the News 8:46-Watchman. 9:00-Lee Morse, songs. Sslb-Character Readings-Iorna
 Fantin. Ss80-Story. 4o:OO-Lutheran Hour; Sermon by
 Dr Walter A. Maier. iO.S0-Toscha Seidel, violin; Concer
 orchestra II:00-Ben Bernie orchestra. l1:3O-Radio Roundup lZ:O0-Morton Downey; tenor: Be
 lasco orchestra 12:30-Ann Leaf, organ.
The Waterbury Democrat., 1931-02-26
|On The Air To-day
...::. s:: wEAF ~...:,.... :s:

5:0O-Children's Program. 5:30-Sketch. 5:45-Mountaineer 6:00-Black and Gold orchestra. 6:45-Uncle Abe and David. 7:OO--Federation Hymn Sing. 7:3G-Sketch. S:0O-Vallee orchestra 9:0O-Birthday Party. 9:30-Melody Moments; Clyde
 Doerr, saxophone, Oliver
 Smith, tenor 10:00-Orchestra. 11:00-Richardson orchestra. 11:30-Calloway orchestra. 12:00-Albin orchestra. A. M. orchestra
The Waterbury Democrat., 1931-02-26
,i.s::. ss.;s WTIC x,,.ss:,.. .sss

b:0O-Through Lighted Windows
 Jane Dillon. b:16-From the Realms of Cham
 Der Music. 6:30-Rinso Talkie-NBC. B:46-Ilima slanders-Mike Han-
 api, director. e:0O-"Speaking of Sport" Art
 Mckinley, sports editor. 0:1B-News; Weatherman. 6:30-Diamond orchestra-Norman
 Cloutier, director 7:OO-Si1ent.
The Waterbury Democrat., 1931-02-26
n:s:,. ss: WIZ .,...ss.*. .:s

5:OO--BraZllldn-A n-Amerlcan orcheS-
 tra.
 5:35-Stock Quotations. 6:O0-Raising Junior-Sketch. 6:15-Van Steedan orchestra. 6:25-Talk-John E. Kennedy. 6:30-Van Steeden orchestra. 6:45-Topics in Brief-Lowell
 Thomas.
 7:OO-Amos m Andy-Sketch. 7:15-Jesters.
 7:30-Phil Cook
 7:45--Footnotes.
 8:0O-The First Nighter-Sketch. S:30 - Orchestra; James Melton,
 tenor; Will Rogers, Humor- 9:00-Orchestra.
 3:30-Ensemb ble; Effrem Zimbalist,
 violin. 1G:00-Echoes of the Opera. 10:30-Clara, Lu and Elm. 10:45-Cub and Scoop-Sketch. 11:00-Slumber Music. 12:00-Bussee orchestra.
 422m-WOR, Newark-71Ok 5:00-German Lessons--Karl Marx. 5:15-Phillip Steele, baritone. 5:25-Orchestra.
 5:30-Income Tax information
 David Danish. 5:40-Limerick contest. 5:45-Mid-P Pacific. 6:O0-Uncle Don. 6:30-Sports Period. 6:45-Montclair ensemble. 7:15-The WyIie Sisters. 7:30-Orchestra. S:00-Little Symphony; Rudolph
 Gruen and Frances Hall. pi-
 anists.
 9:00-Co-Eds.
 3:15-Jolly Jugglers 9:30-McAleer Melodists. 9:45-Brothers orchestra. Art quintet 10:45-Globe Trotter. 11:00-Oakland orchestra. 11:30-Moonbeams. 273m-WLWL, New York-llOOk 6:00-Concert orchestra b:15-Plays: Detriment or Help?
 Rev Peter E. Hoey. 630-James McGarrigle, baritone 6:40-Louise Profeit, soprano. 7:00-Concert orchestra. 7:30-Timely Topics-Rev James
 Gillis. 7:30-Studio Program.
 3SOm-WGY, Schencctady-7OOk 7:00-Orchestra. 30-11:00-Same as WEAF. 11:0O-Organ recital. 11:3O-Same as WEAF 12:00-RandalTs orchestra A. M. l2:3O-kenmore orchestra.
 306m-KDkA. Pittsburgh-ssOk 6:30-Spaide duo. 6:45-11: :0O-Same as WIZ. 11:00-Sport Review. 11:15-Same as WIZ. 11:3O-Gerun's orchestra
 3O3m-WBZ, s.pringfield-88Ok :45-1O:00-Same as WIZ i 0 .n0-JrOin1r 10:30-Same as WIZ organ. 11:30-Time; Weather 11:04-Sport Review. 11:14-McEnelly's orchestra. 261m-WHAM, ROchester-115Ok 6:15-Nurseries Talk. 6:30-Fishing Industry Talk. 6:45-Children's Ho,fr 7:O0-Same as WIZ. 7:15-Ben's Barber Shop-Sketch. 7:30-Same as WIZ. 7:45-Your Handwriting. 8:00-Same as WIZ. 9:OO-Industrial Rochester. 9:1 :15-11:15-Same as WJZ 1l:15-Tom Grierson, organ.
 Writes Miss Georgia Washington Smith, of Tampa Florida:
 MT Andrew Brown, of Amos m hndy: You need a good woman lawyer to meet Madame Queens moves with the same fire. we must sue her for $1O0,000 damages she led you to propose marriage . misrepresented herself Instead of being a hale and hearty companion Madame Queen is a 1 nervous wreck has doubling | up of heart beats make Ma ] dame queen give you damages | aplenty."
 During the past five years 945,64O | enthusiasts of the worlds largest | gym class have written their appre- citation of Tower Health Exercises, | early bird feature of an NBC-WEAF l network