davidaulloa/AmericanStories huggingface dataset:
Evening star., 1931-11-05
DISTRICT ABOLITION.
FEARS ARE QU|ETED.
Arlington Election Results
Show Even Representation
on New Board.
BY LESTER y. INsKEEP,

ARLINGTON COUNTY COURT
HOUSE. Va, November 5-TEc fear of
many persons that abolition Of the
maglstcrial districts NIGH; result IN the
selection Of too many members of the
new County Board from one sectio3 Of
the county, 20 the dctriment OF others,
waG put at rest by the result Of Tues
days election 10 was pointed out today
The fiye members elected are believed
30 be A. nearly perfectly geographically
located As possible. Two OF the MEM
bers are from Clarendon. which be-
cause Of itS dense population, Is thought
to deserve more representation than
other portions They are Mrs Eliza
beth Barron Magruder and Lyman M
Kelly
The northern area will be represent
ed by Fred A. Gosnen vho lives at Liy-
fnRstone Heights the western portion
by Harry A. Fellows Of East Falls
Church and the southern portion b.
John c. Gall of Aurora Hills. The
eastern portion is practically unpopu-
lated, since ~ is composed largely OF
Government reservations
Votes well Distributed.
Another point with respect TO the
County Board that was brought out To-
day is that no member was elected by
an unusually large vote Of any partic-
ular precinct, but rather by general
choice of the entire county. Most of
them did OF course, receive heavier
votes In their home precincts. but there
pas none who would rot have been
elected even II they had received
hmaller vote I'm their own precincts
Those elected stood head and shoul-
ters above most OF the other 46 can
didates when the votes were counted,
and this fact leads TO the belief that
they will receive the whole-hearted sup
port OF the entire county in the admin
istration OF their affairs.
While the members of the new board
have not yet gotten together. 1t is gen.
eraliy believed that the selection OF
new countv manager will not be delayed
until after the board takes over its
duties on next January /. Such selec-
tion could be decided upon by the menl-
bers as individuals and verified after
they take the oath of office, it is said,
and such action would overcome what
might prove 10 be a long delay In get
ting the countyS affairs under way.
There are also other matters that can
hardly await the induction of the new
board into Office. OF principal tmpor-
aance among these is the consideration
OF legislation that will be necessary by
the forthcoming session OF the General
Assembly, which convenes in January,
q short time after the new government
takes charge.
Joint Meetings Planned.
Several meetings with the present
board of county supervisors will prob
ably be sought in order that the new
board may be fully advised as to pres
ent policies and the present state OF
Evening star., 1931-11-05
LEAK IS CHARGED.
IN FA|RFAX BALLOTS.
Sample Guides Are Found to
Be Identical With Off,
ciaI Voting Lists.
Special Dispatch 20 The Star.

HpeciaI Dispatch 20 The Star.
FAIRFAX. Va, November 5.-Charges
that there was a leak" somewhere in
the preparation or distribution Of the
official ballots used In the election in
Fairfax County we're made yesterday by
Commonwealth's Attorney Wilson M
Farr 70 the county electoral board and
board Of supervisors. Tarr stated that
he does not now know where this leak
occurred, but that II he can find out he
will prosecute.
These charges were concurred in by
members Of the electoral board after
examination OF sample guide ballots
distributed to the voters prior TO the
election.
According TO Farr, not only was the
order OF names on the two ballots iden-
tical, but the same type was used, the
Evening star., 1931-11-05

same defects appearing in the official
ballots appeared also in the guide bal
lots. the spacing between the names was
the same, and the width and length Of
paper used
Farr stated that in his opinion there
is one ether possible source Of the leak,
namely. the ballots distributed on re-
quest TO absentee voters. A voter may
have applied for a ballot and opened IT
prior TO election day. Il could not
then be voted as the law requires that
ths seal be broken in the presence Of
notary. but its contents might in this
way become public. A check will be
made Of ballots issued to absent voters
to ascertain whether any we're not re-
turned.
Farr requested the electoral board 20
prepare primer Of instructions for
judges and clerks Of election and for
registrars. He pointed out various ways
in which the State elea&Son law is not
now complied with.
Evening star., 1931-11-05
MISS STEWART H0N0RED

Named Education Chairman of
Professional Women's Federation.
Miss Mary Stewart of this city has
been appointed education chairman of
the National Federation OF Business and
Professional Womens Clubs, by its
president, Mrs. Geline Macdonald Bow
man Of Richmond. Va, Miss Stewart is
assistant director Of education in the
ONCE of Indian Affairs, Department Of
the Interior
The appointment comes as a contin-
uation of a career of service to the
federation. She was its first CORE
spending secretary. and afteTward
served as legislative chairman and rep
rescntative on the Women Joint Ccn-
gresS!onal Committee
Evening star., 1931-11-05

his time during the next two months in
preparation for his new office, which is
considered by many to be the most
responsible one in the county.
All other officers were reelected and
are so familiar with their duties that
no special preparation for continuance
of their duties will be necessary.
Evening star., 1931-11-05
Births Reported.

Adoph and Emma Vita. boy.
Frederick w and Mamie Nueslein. boy
willard j and Thelma E. Herrell. boy.
Hugh and Rose Wilson. boy.
Lawrence P. and Edna M. SpellbrinK. boy
Mortimer p. and Catherine ODonoghue
boy,
Paul r. and Sylvia Compiler, boy.
Tracey U. and Lucie E. Graf. boy
Daniel W. and Mamie E. Spry, boy.
William J. and Mary E. Glass, girl
Floyd G. and Anna NJ. Balkan. girl.
Gale F. and Adele Pugh. girl.
Montgomery and Augusta v. Blair. jr,
girl.
Arthur and Marjorie s. Hathaway. girl.
Lester c. and Alice j. Barronton, girl
Henry and Elsie M. Belheld, boy.
Henry and Etomi Barbour girl.
Baden and Lula Rogers girl.
Evening star., 1931-11-05
Seasons newest ideas!

QUITS include the NEW models for young
men and mature men; in plain and pat
termed Greys, Browns, and handsome varia-
tiOns., Blue Serges also included. All beau.
tifully lustrOus lined.
The Washington times., 1931-07-03

that the Spring squirt in business
could not hold, and first quarter
earnings were disappointing.
Bears OversOId
After steadying little in early
May, a sharp further decline oc-
CURED, because We began to see
that business recession had been
resumed.
Very poor second quarter earn.
ings became generally expected.
The May break largely discount
ed these.
A widespread short interest de-
veloped and the market had be-
come badly oversold by the end
of May. The technical posi-
ton" became very strong. A
sharp rally was only a question
of time.
Banks Aid Rally
On June 2, strong banking sup
port was probably thrown into
the market and the usual rally
occurred as shorts covered and
professional traders bought for
a turn.
Then, about the middle of
June, the natural secondary"
reaction began. It was proceed
ing normally until on Saturday.
June 20, the debtholiday plan
was sprung, and surprise at
tack was made on the bears.
GA large short interest was still
Cutstanding)
Drives on Shorts
So, instead of merely making
a double top" the market was
forced up by heavy drives on the
shorts.
Soon pools started up and all
sorts of false rumors were manu-
factured to draw ,"the public in"
For the time, business news was
ignored.
Now the street is sobering off.
Necessitous short-covering has
been pretty well completed.
Can't Lure Public
After a little rush of buying
on the part of the Semi-profes-
Sional public and speculative ad-
diets, it is found that the big
public is not responding. (The
real public is not coming in.O
Professions and pools are work
ing and there may well be an
other speculative kick in the
market. It does not. however,
look like the beginning of a bull
market yet.
The Washington times., 1931-07-03
NEW FIRE
FIRM CHARTER

A plan to broaden the charter
and make possible an increase in
capital stock will be considered at
a special meeting of the stock
holders of the Firemen's Insur-
ance Company of Washington and
Georgetown, called for next Tues
day.
This is one of the oldest organi-
zations of the kind in Washing
ton, it's charter being dated 1897.
William M. Hoffman is the presi.
dent, Alfred w. Howard. vice
president and secretary. and
James N. Fitzpatrick, jr., as
sistant secretary. The present
board of directors includes:
James M. Woodward, Schuyler
S. Symons, Bruce E. Clark, Ed
ward C. Baltz, Parke A. Galleher,
Albert w. Walker, Millard T.
Dixon, Charles H. Kindle, John H.
Snyder, James M. Woodward, AL
bert w. Howard, William M. Hoff-
man. . and j. Logan Hopkins.
1t is understood that the COM
pany wishes to broaden the scope
of its insurance to include several
new policies not covered by the
present charter,
The Washington times., 1931-07-03
Financial News, Stocks Bonds, Commodities and C..
$12,OOO,O 900, 900 Financing
Job Is Facing Mellon

BY ROBERT s. THORNBURGH
With the 1881 fiscal year and its
5000, 900, 900 deficit recorded as
the most unsatisfactory year from
a Government financial stand
point in recent times, attention
Of the Treasury Department to-
day was concentrated on 1882,
to be featured by gigantic debt
funding operations involving new
issues and retirements Of $12,-
100000 or more.
Hope Trade Will Mend
Officials were counting on q
decided pickup in business the
remainder of the calendar year
to keep income tax collections to
the level of $1,860, ,000, 900 reached
in 1881, although the prospects
were not encouraging. A continu-
alton of present business con-
ditions until January ] 1-would re-
suit in a reduction of taxes by
possibly a half.billion dollars.
On that basis total receipts
would fall below $4,000. 200, 900
against probable expenditures Of
81, ,000, 100000 or more, although
every effort is being made to
hold the 1882 expenditures as low
as possible.
The Bureau of the Budget is
The Washington times., 1931-07-03
MART T|GHTENS
FOR COTTON

NEW YORK, July 3 G.N.S0.
The New York Cotton Market dis
played a firm undertone today.
Opening at gains of IL to 81
points, the entire list sold at ad-
vances of about dollar a bale.
The upturn was forecast at
Liverpool where futures were 7
English points higher just before
the New York first call.
At midday. October sold at
1896, up IT; December at 1889,
up IT; January at 1912, up 18,
and March at 1921, up 20.
Trading was mixed and active.
Spinners fixed prices in fair vol
ume and Japanese interests were
good buyers. Spot firms bought
near months while New Orleans
bought the distant months. Co
operative brokers bought January.
There was some weekend profit
taking and scattered selling from
Wall Street and wire houses.
Liverpool and the continent sold.
Contracts, gener ally, were
scarce after the first offerings,
and the market moved up easily
on a moderate amount of buying.
The Washington times., 1931-07-03

engaged in preparing the 1888
budget which will go to Congress
in December. The 1888 fiscal
year is not giving the Govern
ment so much worry because it
is considered inevitable that in
1882 business viii begin to resume
normal, with a material increase
in taxes and other Government
income.
Cut Interest Charges
Among the big problems facing
Secretary Mellon for the current
year will be the public debt pro-
gram. During 1881 he decreased
interest charges by $4,000, 600 in
spite of an increase in the public
debt by $616,000, 900 to a total Of
6,SO1, 900, 900. This resulted
from a cut in the average rate
from $50 per cent at the begin.
ming Of the year to $50 per cent
June 80,
Today the Treasury completed
its first refunding operations Of
the year, 100000, 900 in bills
bearing the equivalent Of an In
terest rate of 70 of ! per cent,
replaced an equal amount Of the
same type Of security July l and
2. Prior to August $344,000, 900
additional bills will be retired.
The Washington times., 1931-07-03
AVERAGE STEEL
PRICE RISES

The Dow, Jones average price
for eight important iron and steel
products advanced to $44.25 a
gross ton, Pittsburgh, from $43.58
the preceding week, based on
Iron Age quotations.
Advance was caused by mark
up of $3.50 in black sheets, now
known as No. "a hot rolled an
nealed sheets, to $53.76 a ton.
It was the first gain since Janu-
ary IA.
This advance is in recognition
of announcement of practically
all makers that they have adopted
the new classification basis for
third quarter.
Last weeks average figure Of
$43.58 was the low for 1881; the
high, $44.56, was made in the
middle of January. Low for 1880
was $44.29, made in December:
high for 1880 was $49.88, made
in the first week of January.
The Washington times., 1931-07-03
YERKES To HEAD.
BANK GROUP

Joseph D. Yerkes, of the Fed.
eral-American National Bank and
Trust Company, has been named
chairman of the safe deposit Sec
ton of the District of Columbia
Bankers Association, with H. w.
Ireland, of the American Security
and Trust Company, vice chair
man, and Earle M. Amick, Of
the Riggs National Bank, secre-
tary.
Members of the executive COM
mittee for the ensuing year are:
]. M. Boteler, National Savings
and Trust Company; Earle M.
Amick, Riggs National Bank;
Frederick II. Cox, Commercial Ma
tional Bank; H. w. ireland,
American Security and Trust
Company, and Joseph D. Yerkes,
Federal-American National Bank
and Trust COMPANY.
The Washington times., 1931-07-03
Many to Buy 400 Planes
During Current Year

flying boats and bombers will be
purchased.
1t is estimated the new ships
will cost approximately $13,000,-
600, or $3,00O,OO0 more than was
spent in the year ended June 80.
Instead of a new, five-year plan.
the Navy made proposal at the
last session of Congress to base
its future requirements on the
number of aircraft carriers, battle
ships, and cruisers built.
The Army still has quite a few
planes to purchase before its five
year program is complete, and
plans to spend several million
dollars between now and July /,
1882, in completing its program.
The Washington times., 1931-07-03
Farm Price Index
Drops 6 Per Cent

The Bureau Of Agricultural
Economics index of farm prices de.
clined to 80 per cent Of the pre-
war level on June Is from SO per
cent a month previous.
This index, made up in the mid
die of the month, does not re-
fleet recent gains in cotton and
wheat following the Hoover
moratorium announcement.
The Washington times., 1931-07-03
N. Y. State Reduces
Interest on Funds

Governor Roosevelt, after a
conference with the State comp
troller and the president of the
tax commission stated that it was
agreed that the interest rate on
State deposits would be reduced
to 11a per cent from 2 per cent.
These deposits amount to ap-
proximtaely $7O,O0O,00O, and the
loss in interest will total about
100000 a year.
The Washington times., 1931-07-03

The Navy Department will buy
more planes between now and
July /, next year, than it did in
the previous IL months, it is ex-
pected. However, most Of them
will be smaller and cheaper than
those acquired in the year just
ended.
The Navy plans to order about
400 planes during the year to
take care of obsolete ships, those
destroyed in crashes, and in re-
placing some which are laid up.
They will be mostly of the scout.
ing, fighting, and observation
types, it was said. A few patrol
The Washington times., 1931-07-03
z NEW AIR MAIL
! SERVICES DUE
FOR D. c.
Daily Round Trip to Atlantic
City With Passengers and
Extension Later to Norfolk

The Postoffice Department will
use funds saved through curtail.
ment begun April l in the rate
Of compensation payable air mail
carriers TO pay for the 16 exten-
sions or additions to air mail
service recently announced.
The added services follow the
policy of the department to in
crease the facilities for air pas.
Senger travel, since nearly all
mail carriers also transport pas
SengerS.
Beach Service Here
One of the new routes is a
connection of Atlantic City with
Washington, New York, Philadel.
phia, representing what is be-
lieved here as plan to make
available to resort sojourners the
air mail and passenger facilities
Of the American air lines.
The 16 extensions also take
care OF all the new routes or ex-
tensions provided for in the de
partment's appropriation for the
fiscal year just beginning, with
the exception Of two. Some time
before next June 80, the depart
ment has authority to extend. the
route from Washington to Nor
folk, Va.
On the route down the coast
, to Florida. an extension will be
made from Greensboro, N. c., to
Columbia and Augusta.
Eastern Air Transport will
operate each of the routes to
Atlantic City. That from New
York city is SO miles. Two round
trips will be made daily, and the
carrier will be paid at the rate
Of 40 cents At mile.
Daily to District
From Philadelphia to Atlantic
City on the air route is So miles.
One trip will be made daily at
the rate of 40 cents per mile.
The distance from Washington
to Atlantic City is lat miles,
which will be covered with round
trip daily with a payment to
Eastern Air Transport also at
the rate of 40 cents a mile.
The Washington times., 1931-07-03
SINKING FUND MET

The First of Boston Corporation,
agent for the Province of BuenoS
Aires, Argentine, 61a per cent ex-
ternal sinking fund bonds due
1861, announces receipts of funds
for Semi-annual payment of inter
est and sinking fund due August
l. 1881. To fulfill sinking fund
requirements, $4,000 par value
Of bonds have been purchased in
the open market.
The Washington times., 1931-07-03
FLOUR OUTPUT OFF

Flour production of 80 per cent
of mills in principal milling CEN
ters of the United States from
July 80, 1880, to June 81, last,
amounted to 75.812,107 barrels
against 79,184, ,482 in the CORE
spending period q year earlier, q
decrease Of AZ per cent, according
to General Mills, Inc.
The Washington times., 1931-07-03
S64,782,143 Assets
ReDOrted bu Lehman

Report of the Lehman Corpora
ton for its fiscal year ending
June 80, 1881, shows a net asset
value for this management trust
of $64,782,143, equivalent to
$74.17 share on 873, 400 shares
of its stock outstanding on that
date. This compares with a net
asset value on December 81, 1880,
Of $73,813.991.
Profit and loss account for the
fiscal year ending June 30, 1881,
shows income from all sources,
less expenses and taxes, Of $2,861,-
023, against which there was a
net loss on sale of securities of
SO, ,293,285, resulting in ., realized
loss of $6,432,262.
The Washington times., 1931-07-03
Chicago Exchange
Asks Shorts Data

The business conduct commit.
tee of the Chicago Stock Ex-
change has advised all members
to make their reports weekly, in
stead of daily, as to the names
and number of all shares of
stock borrowed, a list of all stock
loaned, list of all intra-office
borrowing, and list of all stocks
which they have failed to deliver.
The Washington times., 1931-07-03
Oldest Exchange
Club Member Dead

George Riker Bishop, the Oldest
member of the Quarter Century
Club Of the New York Stock
Exchange, is dead at the age of
81.
Mr.. Bishop started to work
for the New York Stock Exchange
as G. stenographer in 1871. Later
he became confidential clerk to
the standing committee.
The Washington times., 1931-07-03
CONGRESS CIGAR HEAD

James M. Porter has been
elected president of Congress
Cigar Co. to fill the vacancy
caused by the resignation of
Samuel Paley. Mr.. Porter will
remain as vice president of Watt
& Bond, Inc, another subsidiary
of Porto Rican Americ a n
Tobacco Co,
The Washington times., 1931-07-03
OLIVER FARM EQUIPMENT

Impr Jvement has taken place
in the fiscal affairs of Oliver Farm
Equipment Co.. Chicago, at a pace
exceeding expectations when the
bankers re-organized the finances
of the company last fall. So far
this year the company has paid
off $2,000,000 of the $16,100,OO0
in notes owed the banks as of Oc-
tober 81, 1880, and has on hand
cash amounting to about $4,000
600.
The Washington times., 1931-07-03
REICHSBANK PAST CRISIS

The Reichsbank and German
credit institutions have passed
June 80, the day of greatest sea-
scnal demand for credit and cur
rency, without unusual develop
ments. Use of part of the $780,
600, 900 credit extended to the
Reichsbank by other central banks
enabled the bank to meet all de-
mandS without going below its 40
per cent minimum reserve require
ment.
The Washington times., 1931-07-03
FLAxSEED PRICE OFF

Downward trend of flaxseed
prices during the past month has
been due more to continued poor
demand than to changes in sup
ply, in the opinion Of Bureau Of
Agricultural Economics. Sales of
linseed oil in Europe have been
slow.
The Washington times., 1931-07-03
CHICAGO STEEL OUTPUT

Steel ingot production in the
Chicago territory is now around
80 per cent of capacity as COM
pared with about 35 per cent a
week ago. Drop is seasonal and
is due to the approach Of the
Fourth of July holiday.
The Washington times., 1931-07-03
June Stock Trading
58,643,OOO Shares

Stock trading, including mac
tives, on the New York Stock Ex-
change during the month of June
aggregated 58.643, ,847 shares.
The Washington times., 1931-07-03
News to Cheer
Your Holiday

District gets two new air.
mail services.
Average steel price tilted.
Chevrolet has big June
output.
Navy to buy 400 planes
this year.
The Washington times., 1931-07-03
PUBLIC IGNORES
MARKET BATS,
SAYS HANEY

Economist Traces Course of
Stock Prices Since March
and Sees Bull Turn Distant
By LEWIS HANEY
Director NetD York University
Bureau of Business Research
and Former Economist of
Federal Trade Commission.
It is important to consider the
present position Of the stock
market.
In March and April the market
declined because it was realized
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-04-21
Claimants for Wendell Millions

Recently the last of the Wendels'
died in New York, the final survivor OF
a family of long Manhattan lineage
and of great wealth. Miss Ella Wendell.
spinster, was the sole heir of the for
tune founded by her grandfather and
augmented by her father and supple
mented and conserved by her sister and
brother. With no more direct descend
ants, the Wendell will provided for the
distribution of almost the entire estate,
estimated as valued at more than a
hundred million dollars, amcng char
tiles and benevolent, religious and edu-
cational institutions, the estate being
incorporated, in effect, with shares
issued to the benefciaries.
There were no immediate heirs, the
family having, as the phrase goes, died
out. The closest to a descendant Was
small dog, pet of the final survivor,
which had figured largely in the news
of this eccentric familys extinction as
the cause Of the retention Of q large
valuable lot of unimproVed ground on
Fifth avenue, used yas a canine play
ground
Ever since the publication OF the will
heirs" have been springing up in
various quarters, with claims against
the estate as rightful beneficiaries. No
less than five have appeared in Balti-
more. One of these asserts kinship or
the score that her grandmother was a
niece Of John Gottlieh Wendell. grand