davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-21
STOCKS IRREGULAR
AT SHORT SESSION
Week End Adjustments of AC'
counts Result in UnCer.
tain Trend.
BY GEORGE T. HUGHES.

Special Dispatch to the Star.
NEW YORK, March 21.-Advances
and declines were intermingled in to-
days typical week end stock market
Taking the list as a whole, the trend
was toward reaction, but there were in
dividual instances Of considerable
strength and many interesting features.
Stocks about whose dividend rate
there was more or less concern con-
tinued in supply, and some of them
went to new lows on the movement.
In this classification were included u.
S. Industrial Alcohol, off over points
in two days; Liquid Carbonic, of about
7 points in the same time; National
Cash Register, which was better sup
ported and Westinghouse Electric,
where there was an animated struggle
between the bulls and the bears.
Directors of Westinghouse meet next
week, but whether the present IS an
nual rate will be maintained is uncer-
tain. The stock rallied vigorously
against the shorts Friday, but lost a
part Of the gain today.
Standard industrials. such as Amer
lean Can and United States Steel, weak
ened, with heavy realizing in Columbia
Graphophone, now that the news is out
with regard to the merger with Grama-
phone. Ltd, and in the oil list Texas
Corporation was at new 1881 low.
AS a partial offset to these declines
was the new peak for General Motors,
which touched $48 share for the first
time this year. Today's reports were
that Motors would show around SIS cents
share earnings in the first quarter,
and the expectation was that nearly
$150 would be reported for the half
year, which is exceptionally favorable
under present conditions in the in
dustry. Stone & Webster was conspic-
uously strong. Up over 3 points on
Friday, it extended the gain today Phil
,adelphia e. Reading Coal, one Of the
low-priced issues, responded to an OPP
timistic statement by the president with
a 2-point advance.
Rails appeared on the tape at in
frequent intervals, but for the most
part they were firm. An exception was
Norfolk g. Western, which went to a
new low. New York Central was helped
by Toledo advices reporting an in
crease in the number of employees on
that division. the result Of 10 per cent
gain in freight shipments over Feb
ruary. incidentally, Toledo also re-
ported an increase in employment in
the automotive plants.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-21
NEW YORK STOCK EXCHANGE
Received Phvsw

Note-An stocks sold In one hundred. share 1oA
excepting those designated by the letter (8os) 2oV
which shows those stocks were sold In odd lots
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-21

Total foreign financing in the United
States in 1880 was 81 ,088 900, 600, an in
crease of $3.50 000,00 over 1929, De-
partment of Commerce reports. New
nominal capital was 5000, 900, re-
funding to Americans having totaled
Sl82 GOO 900. Increase in new nominal
capital was S225 100000.
Not only did foreigners obtain more
than 5000, 100000 of new capital from
the United States in 1880, but the dollar
obtained had at least 10 per cent greater
purchasing power.
The 1880 average yield of foreign
bonds offered in the United States was
given as $40 per cent, the lowest level
since 1919. In 1929 the average was
5.3l per cent.
approximately 1903 100000 or rs per
cent of the years foreign issues had
been brought out by the end of June,
1880, the department observed. There
were several reasons for small offerings
in the last half. among them being the
political disturbances in Latin America
unsettled parliamentary situation in
Germany, and other European coun-
tries, and the general appreciation of
the worldwide character of the business
depression.
Canada Big Borrower.
All of the incidents tended to pre-
vent the fiotation of new foreign Sc
curities, except for Canada, especially
during the Summer and Fall months
Ninty-five per cent of the issues in
october, November and December were
Canadian.
Another obstacle to the floating OF
foreign issues in latter half of 1880 was
the failure of the bond market to re-
spond to the easy money policy OF
the Federal Reserve system as much
as was anticipated. The reserve banks
and commercial banks generally were
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-21
LIQUIDATION PLANS
WILL Be REVEALED
Dun & Co. Co-operates With
Government in Analysing
Payments.
BY c. B. UPHAM.

Persons who suffered loss through
the failure in January of commercial.
I ,nInS which owed them money will
nave the consolation of more complete
sIatlstlcs than have formerly been avail
able on the methods employed to sal
wage something for them out of the
wreck, according to an announcement
Dy the Department of Justice.
~ the flrst time, it was revealed. the
poS OF liquidation OF failed com
mYCial firms have been con1niled such
o4Fa have not heretofore been avail
ame. Now, however, r. G. Dun a. Co
Is cooperating with the department in
us investigation of bankruptcy causes
ana cures by furnishing these figures,
Extent of Failures.
There were some 1929 cor,n,erciaI
IaliufeS IN January involving liabilities
OF nearly 100000, 600. OF this nunnI,er
S,5bI with reported liabilities of s4a
Ou0,oOO we're handled through bank
Iuptcy proceedings; in 2O8 cases with
aaplAties Of $4,000. 900, Federal and
State court receiverships were invoked.
ool cases were accounted for bv as
slgnments for the benefit of creditors
ana miscellaneous means, such as sales
VildeF executions and voluntary disSolu-
tlon OF lnsolvent corporations, were re-
=, The present annual amount Of liabil-
t ~ 81 diivolved In bankruptcies is around
Sl,000,000 600, according 10 the soiicitnr
general, Thomas D. Thacher In the
IaSt 10 years the figures have been
SSteadily mounting, and with the rise in
IIdDiltleS there has been a steady de-
crease In the available assets
Inc result has been that the amount
recovered by creditors of failed com
merclaI firms has been exceedingly
SmaI. In the five years ended june
80, 1925, the dividends to creditors ~
an classes averaged about IL cents ON
June 80, 1880, the average dividends
nave fallen to less than cents on the
dollar. w WIG
Bank Repayments.
The recoveries of depositors in hanks
which fail ere in striking contrast to
those of creditors of commercial Arms
January bank failures numbered IQ7
ana involved depositors of S9l. $50 600
1t is estimated that well over so ner
cent OF this amount will be returned to
the depositors eventually The record
Tor national banks is well above so per
cent.
The hardship and loss resulting from
Dank failures is more dramatic, per-
maps, because money on deposit in the
bank seems more like cash in hand
than bills payable. The legal situation
is identical, however for the relation
ship OF banker and depositor is that Of
debtor-creditor, and that the depositor
suffers in case Of bank failure is an i'm
pairment of the debt owed to him by
the bank. Moreover, since the re-
covery in cases Of bank failures is seven
or eight times as great as recoveries
from commercial failures, it would seem
that the problem of bankruptcy gem
orally is much more serious one than
the problem of bank failures.
Copyright, 1917
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-21
MARYLAND LAWMAKER
OPPOSES OIL TARIFF

Representative Linthicum Of Mary
land opposes a tariff or embargo on
imported oil.
The Maryland member declares that
only 10000 men, instead OF the nun
dreds Of thousands as claimed, are out
of work as a result of domestic OIL over
production He says the claim that
thousan of small wells Will be de-
stroyed If they are shut down is con-
tradicted by the Bureau of Mines, whch
he quotes as saying that temporary
closing Of many wells would be an ex-
cellent method Of cons wing petroleum
without destroying the wells.
In declaring that tariff or embargo
on oil would add from 4 TO cents
gallon TO the price of gasoline and from
20 cents to 81 barrel TO the price OF
fuel Oil, Mr. Linthicum says that rs
there are now 665 100000 barrels OF OF!
in storage in this country the leglSla-
ton would benefit the big companies by
a profit Of from $3.50 600 900 to 81 ,000,-
600 900. He also believes such legisla-
ton would have bad effect on export
trade and relations with South Ameri-
can countries.
on the other hand Representative
Strong Of Kansas believes a tariff on
imported oil will be passed at the next
session and Representative Guyer of the
same State says the fight for such leg
islation will be carried on until the do
nestle industry is stabilized.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-21
FOREIGN BOND SALES m u.
GAIN $38O,OOO,OOO DURING 1880
Total Securities Floated In This Country
Was $1,O88, 100000, New Capital $685.
100000, Says Commerce Report

large purchasers Of securities, while
the insurance companies Increased
their holdings steadily. Bond prices
rose to fair levels in April and Septem-
Der, but each time they fell sharply
again. Throughout the year inves-
tors were very cautious.
Yields Are Low.
The low yield on foreign bonds dur
Ing 1880 may be accounted for in part
by the demand for high grade and short
term issues, as well as to the low
money rates that prevailed during 1890.
Canadian issues were very heavy, and
the index-4.57 per cent-was extremely
low due to its being heavily weighe d
by the Dominion government issue,
which yielded 4.28 per cent, and to the
numerous short-term provincial issues.
The Latin American index was reduced
TO ST. per cent from $50 per cent in
1929, because of the low yields at which
the large Argentine short-term issues
were brought out. The weighted aver
age yield of the European issues was
SAT per cent--a slight increase from
the 6.25 per cent of 1929.
Latin American Borrowing.
Seventeen countries and three United
States territories and possessions were
represented in the years financing. For
the second year in succession Canada
exceeded any other of the four areas,
accounting for over 1898 900 900 or 80
per cent Of the total offerings. Latin
American borrowing was second in vol
ume and was comprised largely of Ar
gentine short-term loans. Europe in
creased its issues quite substantially
Renewed borrowing by Germany, espe-
cially the commercialization Issue, was
the outstanding feature. Far Eastern
floatations were confined to Australia
and Japan.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-21
PUBLIC SERVICE LIFTS
1890 APPLIANCE SALE
Chicago Concern Reports s.3 PEI
Cent Advance Over Figures
in 1929.
Special Dispatch to the Star.

Special Dispatch to the Star.
CHICAGO, March 21.--Operating
properties of the Central Public Service
System sold merchandise and ap-
planes worth $4,Sl5,316 during 1880
z. L. Callahan, general commercial
manager, announced. This figure, which
represents net sales after all returns
and allowances, is a gain of 93 per
cent, or $413,848, over merchandise
sales in 1929.
THE Importance of merchandise and
appliance sales" Mr.. Callahan said, sis
demonstrated by the fact that over GO
per cent of all sales represent new in
stallations, creating additional de-
mands for gas and electricity in ter
ritory now being served. Our principal
activities in 1881 will be directed
toward the merchandising of heavy
load building appliances"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-21
Would Abolish Commission.

BY the Associated Press.
Abolition Of the Power Commission
and the United States Shipping Board
Is favored by Senator Mcclellan OF Ten
neSSee.
The Federal Power Commission
should be abolished he says. THE
Shipping Board and Merchant Fleet
CORPORATION should be abolished and
their properties sold These two use
less institutions constitute drain upon
the Treasury and should be dispensed
With"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-21
pairy Products Rumor Denied.

NEW YORK, March 81 R).-Na-
tional Dairy Products Corporation to-
Gay stated there was no basis for re-
ports that negotiations are being con-
sidered for acquisition of Western Dairy
Products Corporation
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-21
U. S. TREASURY BALANCE.

The United States Treasury balance
announced today as of close of bust
ness March 19 was $755, 974, 673 IS
Customs receipts for the month to
date were $1,000, 59614 Total or
binary expenditures, 1899, 936.76.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-21

CONTINUED on Page 14.)
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1931-05-21

Quest. G.: How did the express
sion, gone to the Devil originate?
Ans.--The Devil was the name of q
public house near the Temple Bar in
London, England. When the lawyers
in the neighborhood went there to
dinner they were accustomed to hang
out a sign on their door reading Gone
to the Devil" so that anyone looking
for them would know where to find
them
Ques.-A. S.: 1. Name the most
deadly gas. 2. Is Lots Wife" still
standing? 3. Give the location of
the recently discovered ruins of So
dom. f. Name the most inflammable
liquid. 5. When and where did Zor-
aster live? 6. What are jack-o-lan-
terms?
Ans.-1. Chlorine, phosgene, and
mustard gas are the deadliest known;
lewisite is said to have been the dead
that all supplies on hand at the end
of the word war were destroyed and
it is not now being manufactured
2. Lots Wife" is not historically or
archeologically recognized but at the
southwest end of the Dead Sea there
is formation known as Jebel Usdum
consisting of pure crystallized salt,
with pillars and pinnacles. This, ira
dition says, is Lots Wife" and is
still there. 3. The ruins of Sodom
are in the Jordan valley near the
Dead Sea but the location of Sodom
has not been absolutely and definitely
established. 4. Strictly speaking, no
liquid is inflamm able, but the vapors
developing from the liquids are. In
that sense, the most inflammable
liquid now known is Phosphine PH3,
for it is spontaneously inflammable.
1t is formed slowly by the action of
active hydrogen, from zinc and hydro
chloric acid at 20 degrees Centigrade
). Scholars believe, but are not too
certain that Zoraster lived between
900 and 500 B. c., apparently in the
border regions of Persia and India;
known also as Zarathustra. He
founded the national religion of the
Perso-Iranian people; information
about his person is less clear than
the knowledge of his teachings. 6. In
ancient folklore jack-o'-lanterns were
also known as will O. wisps which are
sprites that do no more harm than
leading wanderers away from their
path; they correspond to 'Lygtemand'
in Danish folklore. In some countries
it was formerly believed that they
were the souls of dead children who
had not been baptized. In reality,
they are little jumping flames caused
it is believed, by phosphor gases and
generally seen along the edges Of
swamps.
Ques.-L. j.: How many cities in
Minnesota have population of 10000
or over?
Ans.-There are fourteen
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1931-05-21
ABRIDGED NEWS
CLIPPINGS FROM
OTHER PAPERS

Pine City-Pine City lost a crow
shooting contest to Mora gunners re-
Gently after having killed a total of
few over 400 of the feathered pests.
The losing sportsmen will feat the
winners to dinner in the near fu-
ture.
Moose Lake-The warning here has
been spread to be on the lookout for
two check forgers who recently have
operated in the vicinity of Litchfield.
Not only Moose Lake should be on
the lookout for these men but every
community should watch for their ap-
pearance and check their activities,
it is advised
Markyille-Sometime Monday of last
week John Enders, farmer living
west of here, suffered the loss of a
fine II months old bull while he was
absent from his home. The animal
had been driven into the brush by
some one, butchered and part of it
carried away. No clue to the one
doing the deed has been obtained.
KrOschel-Jacob Gangelhoff, for
thirty years a resident of this comun-
ity, passed away and was buried We'd
nesday of last week. Mr.. Gangelhoff
was born in Germany and has been a
real pioneer in the Kroschel COM
munity. He leaves four sons and two
daughters to mourn his death.
Hinckley-The school at this place
won the championship of a group of
schools in the girls invitational track
meet at Pine City Wednesday of last
week The schools which took part
in the contest and the score made by
each are as follows: Hinckley 4212;
Pine City 211a; White Bear 81; Forest
Lake Is; North Branch IL; Askov II;
Braham 97a; Mora 2.
Barnum-This village will be the
location for a new and up-to-date fill
ing station when J. H. Michaelson of
Kettle River, completes construction
according to present plans.
Sturgeon Lake-This village will
have a new filling station. Adam
Biedermann, of the Cities Service bulk
station at Pine City, is responsible
for it's erection.
SandStOne-Arthur Borchard of the
senior class of the Sandstone high
school, recently won first prize in the
state essay contest. Arthur's essay,
Utilization of Waste Materials" has
been entered in the national contest by
the American Chemical Society, spon-
sor of the state contest. The prize
consists of a $40 gold piece and a
suitably inscribed certificate. The
official award will be made at the an
nual high school commencement ex-
ercises to be held May %.
MarkviIIe-A deal was completed
some time ago when v. l.. Bal
ley disposed of the Markville Cash
store to Miss SIENNA Omodth. Mr..
Bailey has operated the store for one
year since opening up the business.
Miss OmOdth comes well recommended
to Markville and her success is looked
for
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1931-05-21
YOU ASK
WE ANSWER

Is there some new invention that
puzzles you; some historical char
acter or event you wish to be in
formed about; do you want to know
about a book or an author; is there
a geographical problem which you
cannot easily solve? These are
merely a few of the questions
which the Questions and Answers
column, a new feature in this
paper, will attempt to answer as
correctly as possible. Do not be
afraid of asking! We will be only
too happy to try to answer. AS a
rule, however, we do not deal with
legal questions since they so often
hinge upon different interpreta-
tions. Send in your question; state
whether you wish your name or
initials used. You might, then,
also add a word showing whether
you like this new feature.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1931-05-21
EAST OF KINGSDALE

The assessor has been visiting the
neighborhood.
Mr.. Stuart and son, William, were
callers at the Java home Sunday.
The eighth graders of Stevens
school went to the Dairyland school
Friday and took their examinations.
Mr.. and Mrs. Bert Cummings were
callers at the Bill Hahn home Satur-
day night.
Mr.. and Mrs. Simon Hedin and son,
Clifford, visited the Carl Nelson home
Sunday afternoon.
Mr.. and Mrs. Bill Hahn and Andrew
Feury of Cloverton, took dinner with
Mr.. and Mrs. Bert Cummings recently.
Mr.. and Mrs. Frank Perkin and
children visited her parents, Mr.. and
Mrs. Henry Java, recently.
Melvin and Clayton Widen of Du-
luth spent Sunday with their parents,
Mr.. and Mrs. Arthur Videen.
Church services were held Sunday
evening at the Swedish Mission
church.
Mr.. and Mrs. Harry Sandahl and
daughter, Dorothy, visited at the home
of her parents, Mr.. and Mrs. Arvid
SeilitZ.
Miss Alice Anderson, who has been
employed in Superior, returned home
Tuesday of last week.
Miss jeanette Christianson returned
to her home in Superior to spend the
weekend.
Emil Nelson and children were Sum
day supper guests at the Bert Cum
mings home.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1931-05-21
PINE COUNTY REAL
ESTATE TRANSFERS
Prepared by P. L. Hamlin,
Register of Deeds.

w. D.-Marie Moe and husband to
F. o. Berg. Cons. $1.00. E15 of SEA
of Sec 20-42-20. Sandstone.
Q. D.-Richard Powers to Pearl M.
and Robert Gruber. Cons. SO. 81
of SWA of Sec. 22-42-21. Dell
Grove.
@. D.-Pearl M. and Robert Gruber
to Paul and Anna FOUL. Cons. $40.
So of SWH of Sec. 22-42-21. Dell
Grove.
w. D.-Ida May Hadley and hus-
band to Guardian Trust Company.
Cons. 5000. NWA of NWA of Sec.
11-41-21. Hinckley.
w. Oscar Palmer to Ernest G.
A. Bloom and wife. Cons. S1.O0. VIZ
of NEA of Sec. $4,000. Munich.
w. DC. M. Hanson and wife to
Morten Void. Cons. $500. E1a of
NWA and Govt. Lots 1 and 2 of Sec.
2S-45-19. Windemere.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1931-05-21
Leave it to the Irish.

An Irishman applied for a job at
the gas plant.
What can you do?" asked the fore
man.
Almost anything" answered the
applicant.
WELL" said the foreman, you seem
to be all right Could you wheel out
a barrow of smoker"
Sure, fill it up for me-"
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1931-05-21

During a discussion on the weather
a teacher at the schoolhouse asked
a small boy: why does your father
put on storm windows every fall?'
Because mother keeps at him until
he gives in,' was the unexpected re-
ply.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1931-05-21

"You look bad this morning" said
one of the girls to a high school
student. "Yes, have cold or some
thing in my head" he replied. at
is probably cold" she said.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1931-05-21

81 think there is something wrong
with the flywheel," said the garage
man when lady drove in her hus-
bands new car to see what was the
matter with it. "Flywheel,' she re-
peated, well, what do you think this
is, an aeroplane?"
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1931-05-21

"How is it that you happen to be
here again." asked a justice of peace
when a bootlegger was brought before
him for the second time. cts a
or" the bootlegger replied. Mis-
taken IDENTIFY" queried the judge.
eyes," the bootlegger said, Il mistook
a prohibition officer for a customer"
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1931-05-21
He Lost His Case.

A young lawyer had been retained
by farmer to prosecute railroad
for killing twenty-four hogs. He
wanted to impress the jury with the
magnitude of the injury.
"Twenty-four hogs, gentlemen" he
said, Gust think of it! Twenty-four
twice the number there are in the
jury box"
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1931-05-21

Jaywalker: $50 many people are
struck by autos while alighting from
street cars"
Street Car Official: well, yes; but
those people have paid their fares,
It's this running over people who are
waiting to get on that makes me
mad"
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1931-05-21

Heard after the concert: did the
audience show any feeling when
sang?'' "Yes, they began feeling for
their hats"
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1931-05-21

Heard on the street: 81 suppose you
got that secondhand car for song?"
mo, only a few notes."