davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-10
RUBBER FIRM PLANNING
INCREASED PRODUCTION

BY the Associated Press
AKRON, Ohio, February 10.-Pro-
duction at the Mogadore, Ohio, plant Of
the India Tire g. Rubber Co. will be
stepped up March /, necessitating the
employment of additional men, w. c..
Klauss president, told stockholders at
the annual meeting.
Mr.. KLAUS said the company, one
of the smaller and younger units in
the industry, Is in very strong finan-
cial condition, with total current assets
of 1871. 1893 against current liabilities
of 5000, 1923, or ratio of six to one"
Reporting on 1880, he said that all
bank Indebtedness had been wiped out
and noted that although sales of re-
placement tire units in the industry
showed a combined decrease of II per
cent, India sales decreased only 512
per cent Net sales amounted to So
650,741 in 1880. Operating profit
totaled $18,867.
The company, which draws the larg-
est portion of the business from bus
and commercial car operators, starts
the new year under Favorable condi-
tions, Mr. KLAUS said. Improved plant
operations, reduction of overhead to a
minimum and economies to be effected
under heavier production will enable
the company, the president said, to
show a decided improvement in 1881,
even at existing prices.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-10
SUN LIFE ANNOUNCES
BEST INSURANCE YEAR
Special Dispatch to The Star.

Special Dispatch to The Star.
MONTREAL, February 1O.-The Sun
Life Insurance Co. of Canada, at its
annual meeting today, reported s7O5,-
OOO, 900 in new business written during
the year. an increase of 8 per cent
over 1929. Over $25 5000, 900 was paid
or allotted in dividends during the
year, an increase of 100000. Life
insurance in force at the end of 1880
was $2,S63, 100000, a substantial in
crease over the 1929 figures.
The annual report stated that bust
ness in group insurance has made a
new record in 1890 President T. B.
Macauley said the first stage in the
comeback of world business had al
ready been passed. He predicted grad
ual Improvement all over the world
although he expects 1t to be slow.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-10
WESTERN MARYLAND RWY.

BALTIMORE, February 10 Especially i.
The Western Maryland Railway Co.
completed the first month of 1881 with
gross revenue Is per cent below that of
the first month of 1880, according to
estimated figures, just made public by
officials of the road.
Gross revenue for the full four weeks
of January amounted to $1,360 ,277.89,
as compared with 81 ,562, 927.16 in Janu-
airy, 1880, q decrease of $202, 649.27. In
this period the only source of revenue
that showed any improvement over the
preceding year was that received from
miscellaneous sources; this jumped &c.
057.04, or l9 per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-10
PARIS B0URsE PRICES.

PARIS, February 10 (P). - Trading
was active OH the Bourse today in re-
Spouse to the strength in Wall Street
yesterday.
Three per cent rentes, 80 francs 10
confines Five per cent loan, 102 francs
IS centimes.
Exchange on London, 1913 francs 9612
centimes. The dollar was quoted at IS
francs 49, confines
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-10

yet determined whether Il win appeal
either of these two cases 20 the SUE
preme Court, though 10 Is probable tins
court win be asked to review them. II
determination of these two important
antitrust matters will be eagerly
awaited. Incidentally, the Socony-
Vacuum case would be the first merger
case which the court has had before It
in several years.
(Copyright, is3f.1
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-10
MARYLAND LIVE STOCK
TOTAL IS Maintained
Special Dispatch to The star.

Special Dispatch to The Star.
BALTIMORE, February 10.-On
January / this year there were 29l,-
900 cattle and calves on Maryland
farms, the same total as on January /.
1880, according TO the annual live stock
report of Richard C. Ross, Federal ag-
ricultural statistician in Maryland
Also, on Maryland farms January
this year there were 10000 horses, a.
900 mules, ISL 900 hogs and 10e. 1000
sheep.
The total value of all live stock In
Maryland at the beginning of 1891 was
estimated at $30,746, 900, q decrease of
nearly 100000 from 1880. The
value Of live stock year ago was $39,-
$4,000.
Heifers. / to years old. increased
from 20 900 head to 80 900, but holdings
of young heifers being saved for milk
cows dropped from 10000 TO $4,000
head. There also was some decrease In
the number of steers over year old
The number of swine on hand Janu-
airy this year was $4,000 fewer than
were held year ago. The greatest cut
In numbers was in pigs under 6 months
old.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-10
M ERRILL, LYNCH & CO.
DISTRIBUTORS, 80 WALL STREET, NEW YORK CRY


Taxes Under the present Federal Income Tax Law,
dividends received by Chain Store ShareowneFs Inc win
be free from Dividends (oher than distributions in
iquidations) paid by Chain Store Shareowners Inc-
its shareowners will be free from the normal tax.
Custodian The underlying securities will be depos.
tied with and held by the Commercial Trust Company Of
New Jersey This Trust Company will also collect and be
depOsitary for all income for the Corporation.
Disbursing Agent The Corporation Trust Company
of New Jersey.
auditors Messrs. Peat Warwick, Mitchell q Co. oe
New York will check the securities and audit the
Of the Corporation semannualy, which reports viii be
available the shareholders.
Transfer Agent The Corporation Trust Co, New York
Registrar Bankers Trust Company New York.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-10
A NEW |NVE STMENT
CREATED TO PROFIT FROM ToDAYs CONDITIONS

SPECIALISTS for Is years in chain financing, have
watched this industry grow its size and Importance
and have contributed its growth Three times big
10 years ago. the chain industry today
1870 of the nations retail merchandising-a volume of
$6,5OOOOO,OOO And conservative authorities predict
doubling of this volume within 10 years.
The chain system of merchandising has supplied
method of distribution that has become essential to
production Its remarkable development based the firm
foundation of service the and service the
manufacturer. Growth has been inherently sound For
years the have poughed back into their
businesses for future development from 1920 900 of
earnings greater proportion of net earnings
stock than any other industry.
Recent months have afforded proof of our longheld
conviction that in times of depression the chain
benefited by greater patronage than Dealing primarily
in necessities tonnage volume of the chains is today the
greatest in history. Dollar volume only slightly off, due
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-10

I. CORPORATE FORM ). This is q simple corporation
with powers limited the functions necessary provide
through its stock diversified investment in the
stocks of selected List of Chain Store companies
Investors will enjoy full voting privileges including the
election of directors and amendment of the charter.
2 UNIT OF SHARES Each 100 shares of Chain Store
Shareowners, Inc, will inaly represent share each
Of the stocks of the IS companies listed below,
and 500 for capital and for operating and ader
Using expenses single share will represent lH interest
in share each of the stocks Of these companies
plus proportOnate interest in the cash and other
Of the Corporation.
AppareI Chains The Great Atlantic Pacific
w. T. Grant Companv Tea Company of America
Lane Bryant, Inc. Loblaw OrOceteras Co.
Lerner Stores Corporation Limited
Oppenheim Collins Co., Inc. MacMarr Stores, Inc.
J. c. Penney COMPANY National Tea Co.
Daniel Reeves, Inc.
Drug Chains Safeway Stores, incorporated
Drugs incorporated Niggett,
Rexall, Owl, Boots) Mat OTder Ch0'ns
Peoples Drug Stores Montgomery Ward Co,
incorporated incorporated
Walgreen Co. Sears. ROebuck and Co.
and lOc Chains Restaurant Chains
F. ". CrandSilver Childs Company
Stores Inc. Frank C. Shattuck Company
S. S. Kresge Company (Schraft's)
S. II. Kress and Company John r. Thompson Co.
McCrOy Stores Corporation Waldorf System incorporated
N:.."r Pea,s.." 1 Shoe Chains
r W WooIworth Co Diamond Shoe Corporation
Melville Shoe Corporation
Grocery Chains
American Stores Company Sporting Goods ana
Dominion Stores Limited Auto Supply Chains
First National Stores Inc. A. G. Spalding Bros
The Kroger Grocery Western Auto Supply
Baking Company Company
g. SUBSTITUTION Amy of these stocks may be
eliminated time by sale upon order Of the directors
The proceeds from such sale will be distributed in
accordance with the provisions of the charter. Stock
be substituted only by amendment of the charter upon
Of a majority of the outstanding shares.
e. INVESTIGATION The IS companies represent
ten types of businesses dealing in groceries, meats
ing apparel household furnishings drugs Shoes dry goods
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-10

automobile supplies sporting goods restaurants and Zoe
artices-practcaly all kinds of essential merchandise
These companies have 10000 stores located in all
parts Of the country, in large cities and small towns.
S. CONVERSION Amy holder of 100 shares Of Chain
Store Shareowners Inc exchange his shares for the
underlying stocks and cash upon the TERMS and subject to
the conditions, forth in the charter.
6. MARKETABILITY These shares should have ready
markeaby because of the market existing for the IS
underlying stocks into which they convertible above
stated To provide prompt repurchase market, the orig
inators, Merrill Lynch Co, expect maintain q regular
price.
z. DIVIDENDS Dividends will be payable February
Is and August Is of each year. commencing August l5 1881
Cash dividends the stocks represented by each
share Of Chain Store Shareowner Inc present at
the of Tie per annum, including Stock divi
dends present market prices the of &C. This
is equivalent yield of about so the present offering
price.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-10
Board Of Directors Of CHAIN STORE
SHAREOWNERS. INC.

6OGF0 OF UIFectOFS OF OHA1N S1OhK
SHAREOWNERS, INC.
CHARLES E. MERRILL, Chairman
Partner. Merrill, Lynch Co.. New York, n 7.
CHARLES F. ADAMS
Treasurer First National Stores, Inc. Boston, Masa
LUIGI CRIsCUoLo
Associated Uh Merrill, Lynch Co. New York. N. Y
Don A. DAVIS
President. Western Auto Supply Co. Kansas City, Me-
MALCOLM C. CIBBs
President Peoples Drug Stores Inc. Washington. D. c.
EDWARD CRoTH
Vice-Prssiden Commercial Trust Co. Of New Jersey,
Jersey City, N. ].
EDMUND C. LYNCH
Partner Merrill, Lynch Co. i. New York, N. Y.
KENNETH K. McLAREN
Pres, Corporation Trust Co. Of N. Y New York. N Y.
FREDERICK ". NASH
Partner Merrill, Lynch Co. New York, N. Y.
SPONSORS Merrill. Lynch Co., 40 Wall Street. New
York City, who during the last Is years have sponsored 81
issues of Chain Stores Securities, including number Of
these companies, in which they continue have sub
santial interest.
LEGAL PRoCEEDNcs have been approved by Messr Chad
bourne, Hunt Jacket and Brown New York.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-10
Merchant-Far Dead.

LYNCHBURG, Va, February 10 (Spe-
ciaD John e. Johnson. SO years old,
merchant and farmer at Wingina, died
at Virginia Baptist Hospital here.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-10

The above profits and dividends per share of Chain Store
Inc have been computed for each for
each company the number of shares Of such
outstanding the end Of the 1929 fiscal year. The total
earnings for these four have been nearly three times
the cash dividends paid.
9. PRICE BASIS The offering price Of the shares will
be based the fuot market prices of the under
lying stocks with brokerage commissions the amount of
share paid in capital and and the
portiOnae aggregate amount Of the accumulation plus
charge not exceeding III of the offering price for
expenses Of Incorporation Of distribution and profit
For convenience the offering price will be adjusted to the
nearest Oneeighth.
Investment Restrictions The bylaws provide that the
Board of Directors invest the and other funds
Of the Corporation only in call loans. United States Gov
eminent obligations and investments authorized for New
York savingsbanks or trustees
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-10

On the ground that the plan involved
gambling. city officials Of Glasgow. Scot
land, recently stopped a raffie started
by a school to raise funds for poor
children.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-10

Lard substitutes are being made from
copra in Trinidad.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-10

lower prices Earnings less affected than in indus.
tries Inventories have been written down in line with
commodity prices. Extensions have been consolidated
geral economies effected and army of patrons has
been The chain industry stands prepared
take full advantage of improving conditions.
The assets number of stores sales and profits have greatly
increased since 1925 YET chain stocks today
approximately the low average prices of that year These facts
permit offer investors unusual opportunity
share in the profits and growth of selected list of chain
companies. CHAIN STORE SHAREowNERs INc keyed the
moment In form, safety yield, and enhancement possb
ties, believe will stand the closest analysis: Important
details of this issue given this page This stock 10
offered subject complete in the offering circular.
For further information consult your bank investment
dealer write direct. Price, the market about
$1525 per share
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-15

The ancients believed most thoroughly
that the rainbow was really the bridge
or the road by which the spirits Of the
departed reached their home in the
heavens
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-15

seven years old in Germany. have been
receiving the funds of the middle
classes almost as fast rs other invest
ments are liquidated in the recent
financial crisis in the Reich, DR.. Her
man Schuon of LaIdwigsburE, Germany,
told the congress. DR.. Schuon is
general manager of the original build
ing and loan association in his country,
81 500 900 Ludwigsburg society.
Chancellor Heinrich Bruenina and
President Paul Won Hindenburg are
sponsoring the building and loan move
ment," said the German flnancier.
The depression and financial crisis
have had little effect on the prosperity
Of our young building and loan asso-
Citations. The middle classes who want
to build or buy homes of their own
have been handing US wholesale their
funds instead Of placing them in older
types of investment
The three building and loan asso-
Citations in Austria and Germany with
which 1 am intimately associated have
850.00oo00 marks (S2I2,5 500 ooo) in
mortgages on homes at the present.
The membership of the associations in
Germany and Austria is now 100000
Our funds are lent on one. two
and three family houses No tenements
or apartment houses have access to our
loans"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-15
SALE OF DETACHED
RESIDENCE REPORTED
Mr.. and Mrs. William Murphy
Purchase Corner Property at
1925 Eighteenth Street.

Sale Of a large detached corner resi-
dence at 1925 Eighteenth street to Mr..
and Mrs. william Murphy by Mrs. Rosa
M. Camp was announced this week. The
home, which contains 10 rooms and has
large grounds. was sold through the
Offices of N. f. Ryon Co, Inc. A resi-
dence at 1869 Monroe street was in
volved in the transaction as part pay
ment.
An apartment building at l29 Web
ster street, containing 10 apartments,
was sold to DR.. P. H. Laddon by J. r.
Hutchinson. according to the real estate
agents
other properties involved in recent
sales by the firm, the total Of which is
reported by thenisto aggregate S137, 500,
include 1927 Thirteenth street, six
room brick house. which was sold to
Mrs Annie Smith for Mrs. Edith E.
Carter; a seven-room house at 1920
Thirteenth street, sold to j. r. Hutchi-
son by DR.. P. H. Laddon; 35ll Center
street, a six-room house, sold to Mr.. and
Mrs. August TolzQnan for Mr.. and Mrs.
Henry H Bryne. and an 11-room and
two-bath home at 1860 Columbia road,
sold to Mrs Lena Linbrick for Mrs.
Emma Marsteller.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-15
RATES
TO Be STATIONARY
Variance in Baltimore Supply and
Demand Not Disturbing
to Owner.
Special Dispatch to The star.

Special BlSpaICn TO Inc star
BALTIMORE. August s.-Rental rates
in the higher class apartments viii not
be reduced during the coming year. &C
cording to Edward H. Glidden. chair
man of the apartment house section Of
the Real Estate Board Neither will
there be sny general increases. The
difference between the existing supply
and demand for firSt-class apartments
is not sufficient to force landlords to
make sacrifices nor to increase their
rates at this time, he believes.
THE reason for this is that, contrary
to the general opinion that everything
is coming down, there is little prospect
Of any reduction in at least two Of the
most important items Of exepnse in
operating apartment-house properties
These two iterns-mortgag interest and
taxes-instead Of coming down promise
to go UP in the aggregate" he declares.
While the mortgage interest rate. is
more or less fixed on a stable basis,
taxes increased in 1881, and the pres
ent indications seem to point to fur
ther increases for 1882.
Among the less important items Of
operating costs are wages, fuel and de-
probation and obsolescence, in which
there has been no appreciable reduc-
ton during the past year. While de-
probation and obsolescence may not be
visible to the average tenant the owner
who does not make adequate provision
in his expense budget for these items
must ultimately suffer for his short
sightedness"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-15
BUILDING LOAN
GROWTH IS CITED
Delegates Tell World Con.
greSS Millions of Home
Purchasers Are Aided.
CONTINUED From First Page.)

Continued From First Page)
this system is an outstanding illustra-
ton. The millions Of homes made pos
stble by the cooperative methods en-
ployed by those in the United States
speaks wonders and demonstrates con-
clusively what cooperation can &C
complish. The associations have per-
formed a service not possible by any
other institution, or at least no other
organization has appeared that is COM
parable to the building and loan in
accomplishment or promise for the
future"
A 1891 twist TO the pre-war thrift
rule Of life by L. P. Mccullough, q
director Of the United States Building
and Loan League.
Pre-war saving, he said, implied put
ting on the enjoyment to another
generation and the savers turned spend
thrift after the war had destroyed the
fruits for which they had saved.
Job to Modernize Faith.
"The worlds dilemma is this" said
the American finsncier Its faith in
thrift fed at the war. It's new faith
in lavish spending vanished at the de-
preston. The job Of building and loan
associations is to modernize the old
faith Of pre-war days; we are peculiarly
fitted to do this because our co-opera-
tive home financing institutions pro-
vide the saver way to enjoy a high
standard of living while he is saving
We must assure a world of skeptics
that IT can get from thrift the things
is sought in spendthrift days"
Building and loan associations, only
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-15
PLAN TO AID RETAILERS

Lumber Association Forms Corpora
ton TO Supply Mortgage Money.
To assist retail lumber dealers in
expediting small home construction,
the National Retail Lumber ASsocia-
ton has organized finance corpora
ton to supply mortgage money on lib
eral terms, according to the Business
Week.
The new company will work with
lumber dealers particularly in helping
them to finance ouses selling for less
than $4,000. It will loan up TO rs
per cent Of the combined cost Of house
and lot at per cent interest The
loan will be completely amortized in
Is years through monthly payments Of
1914 per thousand dollars Of loan.
Architectural counsel will be retained
to provide proper house designs and
the entire job will be directed and
personally supervised by the partici-
pating lumber dealers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-15
DoMINoES ARE POPULAR
Push Horseshoe Pitching and
Checkers Into Back ground.

RED OAK. Iowa (E).--Horseshos
pitching. checkers and Within are
pasSe in Red Oak where dominoes
dominate
Every day except Sunday the city
park square is the scene Of q VERT
able tournament Of dominoe2 with
retired farmers and others sitting ct
permanent benches built for their ae-
comodation by the city park board.
Great is the excitement during
close battle OF matching the ebony
oblongs
There is no gambling but miners are
not permitted 70 play.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-15

Fifth street northeast. in the market
terminal, have been leased 70 Joseph P
Gamble and to Frank Holmes and j. 3
smith, respectively. It was stated
The latter structures win be two
stories in height with a frontage Of 20
feet and a depth OF 10 feet Concrete
canopieS will extend 40 feet from the
front Of the buildings, according to
plans A building also is In the course
OF construction at the market place for
the Oriental Paper & Bag Co. Con-
struction work Is being done by the
Charles H. Tompkins CO.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-15
Title Company Gets License.

The National Title Guarantee Cor
poration, recently incorporated, has been
licensed by the State Insurance Depart
ment to do business in Maryland. The
tncorporators are Spencer B. Curry Of
Washington. Daniel De Pace of Will
mington, Del. and Robert Green of
Baltimore. The authorized capital is
100000 shares at $40 a share Howard
G. Bregel Is president. Headquarters win
be II Baltimore.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-15
PURCHASE BUILDING
AS AN INVESTMENT
Morris, Bessie and Charles Fried
enberg Buy Building at
Union Market.

A two-story f1reproof building at 4oT
Morse street northeast, in the Union
Market Terminal, was purchased this
week by Morris, Bessie and Charles
Friedenberg as an investment, it was
announced today. The building, which
is under lease to Hyman Bricker for a
period OF three years, was sold through
the Offices OF Phillips & Caldwell, agents
for the terminal.
Premises to be erected at 1850 Fifth
street northeast were leased to Francio
Nicola and j. o. Taresco, 1t was an
nounced. TWO store buildings in the
course of construction at 1866 and 1868
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-15

One Of the sport features OF ancient
Greece was the torch race. in which
runners were expected to carry In sue
cession lighted torch without allowing
the flame to become extinguished.
The Carbon County news. [volume] (Red Lodge, Mont.) 1924-1931, 1931-04-23
FUNERAL RITES OF
MRS. BRITA SAAR
TO Be HELD SUNDAY

Mrs. Briita Saari, 69, we'll
known Finnish matron of this city
died at local hospital early Mon
day morning following an emer
gency operation for strangulatcG
hernia performed Sunday.
Mrs. Saari was born Briita Lena
Koski at Waasan Laani, Finland
February %, 1868. She came to
the United States April Is, 1893
at the age of 30. On Christmas
day of the following year, 1894,
she became the bride of Andrew
Saari, in Red Lodge. The couple
have resided here since that time.
Six children were born to the UNI
5ion three of when are now dead.
+. Besides her husband, Mrs. Saari
is survived by three sons, Jalmar
of Red Lodge, Elmo and Matt;
three brothers, Matt and Oscar
Koski of Red Lodge and Jack Kos
XII of Hoquiam, Washington; and
= niece, Mrs. Victor Haddo of
Washoe.
Funeral services will be conduc-
ted Sunday at 2 o'clock from the
Finnish church. Pallbearers will
be John Honkala, Gust Koski, Nick
Puumala, Jacob Tuuri, G. j. Mat
tia and John Karhu, Sr.