davidaulloa/AmericanStories huggingface dataset:
Evening star., 1931-12-22
CURB ISSUES RALLY
AFTER EARLY DROP
Market Turns Gradually Up
ward, With Trading
Volume Larger.
BY JOHN A. CRONE.

Special Dispatch to The Star.
NEW YORK, December 22.-The
Curb Exchange, after opening lower to-
daN pointed higher around midday.
Some slight expansion of trading activi-
ties took place as the market moved
ahead.
Electric Bond & Share rallied frac-
tionally following the revelation that it
had the second largest short interest
of any curb stock on December Is.
Cities Service, which had the largest
short interest on that date, was off
slightly. Niagara Hudson Power was
virtually unchanged during the fore
noon, although it harbored the third
largest short interest. while American
Superpower, with the fourth largest
number of shorts" rose fractionally.
The selling which came into Stand
ard Oil Of New Jersey over on the big
board had a sympathetic effect on its
curb subsidiaries, such as Creole Petro-
leum, Imperial Oil and International
Petroleum. Other oils, like Standard
Oil of Indiana, Standard Oil of Ken
lucky and Gulf Oil, were firmer during
this period.
Central States Electric was compara-
lively firm after it announced that the
November 80 market value of assets ex-
ceeded the principal amount of out
standing debentureS and that cash of
the same date amounted to more than
Sl800.0o0
Swift International, which recently
had been sold on the secret agreement
reached by a group Of South American
nations to go into the meat packing
business on their own account, opened
off fractionally today despite the
declaration of the regular semiannual
dividend payment. Swift g. Co. sympa-
thetically sold lower.
Brazilian Traction was dull, perhaps
due to the curtailment of arbitrage
transactions between Montreal, New
York and London-The fluctuations Of
the pound sterling and the Canadian
dollar making such trading difficult.
November net of Brazilian traction re-
ported today was Sl,370,046 against
S2,075,134 in November, 1880, while II
months net of S19, SOL $40 compared
with $25,443,362 in the same 1880
period
Columbia Pictures and Technicolor
were conSpicuouSly weak in a heavy
amusement share market. Coppers
we're firm, but dull despite publication
of details of the world curtailment
pact. New Jersey Zinc rallied and
Aluminium Co. Of America went through
one of its upswings
The Curb opened slightly lower. One
probable influence was the publication
of the size Of the short interest on the
Curb as Of December Is, a showing
which was even smaller than profess
sional traders had anticipated
Electric Bond & Share at 1912, Cities
Service at 5l2 and Niagara Hudson
Power at 6's all lost Is. United Light
& Power A, however, gained Is at 6l4
Standard Oil of Indiana opened off L
at 1875. Standard Oil of Kentucky was
off 4 at 1878, but Ford Motor of Can
ada A at 9 and Ford Motor Ltd. at
4l2 were unchanged. Swift g. Co.
opened at 1714, off 3s. Columbia Pic
lures featured early movements in the
amusement group. Bell Telephone of
Canada advanced points to 1902. Glen
Alden Coal at 24as declined u. Amer
lean Gas & Electric at 37l2 dropped q.
Evening star., 1931-12-22
EXPORTS Of SILVER
EXCEEDING OUTPUT
Recei pts of Metal for Refin-
ing Figured in Sales
Abroad.
BY CHAS. p. SHAEFFER,


Exports OF silver from the United
States far exceed total annual produc-
tion despite the fact that this country
is the second largest prooucec of silver
In the world.
In study of the metal the Com
merce Department points out this is be-
cause much silver is received in the
United States for refining and trans
shipment. Most of this comes from
Mexico, the department said, as evil
dent from the following import figures:
Mexico, 40,500000 in 1929, S24,9O0,000
IN 1880 and $11 ,000, 900 in the first eight
months of 1881.
From Canada in the same period
came $6,400,0 900, $6,1oo, 900 and 81. 2.50O,-
600, respectively; from Peru, $40 400 900,
$4,000, 900 and $l,600 900; from Chile,
S2,3OO,0OO, 81 10000 and $500, 900. and
from all countries, $63,9OO 900, S42, ,80O,-
GOO and sl8,300,000, respectively.
United States exports of silver go
chiefly to China, including Hongkong,
British India and the United Kingdom,
whence they are shipped to other coun-
tries. the department said.
Shipments to leading countries and
the totals are summarized for l929. 1880
and the first eight months of 1881 as
follows: China and Hongkong, s64,-
100000, s37,sOO,ooO and $500 600, re-
spectively; British Indian, $4,000. 900,
S9,600,oo0 and s4,60O,O00; the United
Kingdom, 100000, $2,lOO,OOO and So
400, 900; Canada, So 400 900. 1900, 900
and $l,l00,000; Mexico, $500 900; ST.
100000 and S70O 900, respectively: Ger
many, sl,50o,000, sl,OOO.OOO and s7Oo,-
OoO, and all countries, S93,40O. 900. S54,-
ZoOooO and Sl9,200 900, respectively.
Inc Importance of China as the lead
ing consumer" of silver today is DEM
onstrated by these figures.
The sharp decline in the value of
United States silver exports during 1890
and 1881 reflects the lower price of sill
yer. In 1890 the value of exports de-
clned IS per cent and the price of sill
yer 2s.4 per cent.
Evening star., 1931-12-22
CURB SHORT POSITION
ONLY 53,258 SHARES
December Is Figures and Record
for Last Several Months
Are Revealed.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, December 22.-The
New York Curb Exchange, which, like
the Stock Exchange, has been keeping
a record of short sales, decided today
to make public these figures, as was
| done by the larger institutions last
week
William S. Muller, president of the
curb, announced that the short inter-
est on the exchange as Of December
Is amounted to only 53,258 shares,
| against 54596 shares on November %,
81 ,344 shares on October % and l29,-
542 shares on September %.
Only four issues as of December IS,
had short interest Of more than 900
shares. These were Electric Bond g.
Share with 8,163 shares, Cities Service
with 9974 Niagara Hudson Power
with 6,055 and American SuperpoWer
with 1850
"Inasmuch as 21,966,36s shares, ="
says the statement issued by the Curb
Exchange, were dealt in during the
period covered in the compilation, the
fgures plainly show the comparatively
unimportant part short selling plays in
the operations in curb securities.
of the 2,400 domestic and foreign
SOoNho VA VIC VI dOAAIS lLSG OI Itle eX-
change, and which have a total par
value Of more than $4,000, ,OOO, 600
only four securities had a short inter-
est Of more than 1000 shares, as of
December Is, 1881"
The relatively small amount of short
selling that takes place on the curb
which essentially is a cash and carry"
affair, is shown by comparison with
trading statistics for the periods dur
ing which short sales data were re-
ported.
Transactions from September % to
October % aggregated 1O.2o6 1884
shares; from october % to November
23, 5.76l, ,939 shares. and from Noyem-
Der % to December Is, inclusive. s.
997,545 shares.
The Stock Exchange showed the
short interest there amounted to q
gig 295 shares on September %, to o.
300,320 shares on October % and a
537,797 shares on November %.
(Copyright, 1917
Evening star., 1931-12-22
Automobile Production.

os,ss NEW nront,oD YORh, Decemoet e - pDe-
pected to fall short of 100000 units,
which would make a third successive
monthly total of less than that figure
Most of the leading companies are now
turning out 1882 models, but only a
moderate rate of operations has been
attained so far. Dealers will not be
supplied with large lines Of the models
because of the desire of manufacturers
to test out the market after the turn OF
the year and arrange schedules accord
inglY. Some companies whose produc-
ton plans on new models have been
delayed by slow delivery of patterns or
parts are now ready to increase their
schedules.
Evening star., 1931-12-22
BY CHARLES F. SPEARE.
Special Dispatch to The Stal

Special Dispatch to The Star.
NEW YORK, December 22.-The in
timation that moderate amount of
imitation might be good tonic for the
present debilitated credit and indus
trial situation has been heard at diff
ferent times in the last few months.
an important element in the banking
world. There are also evidences point
ing to favor Of such policy in admin
istration circles.
The argument Of the inflationists is
that defiation has gone as far as 1t
should and has brought about neces-
Sary adjustments growing out Of the
overspeculation in 1928 and in 1929
The claim now Is that def1ation should
be checked and steps taken to build up
the credit structure rather than to GO
on forcing various kinds Of liquidation
that can only have the effect of pro-
longing the depression and reducing the
purchasing power of the public, as well
as extending the area of insolvency
among banks and corporations.
Reconstruction Corporation.
Attention is now being directed to
the Reconstruction Finance Corpora
ton, which was proposed by President
Hoover in his annual message to Con-
gress and is an emergency agency SIM
liar to the Finance Corporation that
functioned during the war. Hearings
on this measure are now being held be-
fore the Committee on Banking and
Currency of the Senate George l.. Har-
rison, governor Of the Federal Reserve
Bank of New York, has referred to this
corporation as one through which the
tide might be turned if there is a re-
Taxation Of the fear that now possesses
such a large portion of the American
public.
The scope of the Reconstruction
Finance Corporation is much broader
than that of the National Credit Cor
poration, which came into being early
in october as means of checking fail
ureS among the banks of the country
Its promotion had an immediate effect
on the banking situation. Until a short
time ago there had been almost no de-
mand for its services Last week there
were 73 bank suspensions in the coun-
try and quite a serious situation in New
England with which the National Credit
Corporation had to deal. 1t did so ef-
fectively, and prevented the spread OF
the trouble in Boston and vicinity.
The Reconstruction Finance Corpora
tion will not encroach on the work OF
the National Credit Corporation. for il
will be authorized to make loans not
only to State and national banks but tc
Evening star., 1931-12-22
BETTER PLANNING URGED
FOR BUILDING INDUSTRY
BY the Associated Press.

BY the Associated Press.
A national committee Of the Chamber
OF Commerce of the United States, at a
recent meeting, developed the thought
that some type of comprehensive organ
ization in the construction industry is
desirable for the larger cities.
The part that chambers of commerce
may play in solving problems of the
construction groups was discussed at
the meeting and it was the consensus
that while a chamber of commerce can
be helpful in considering some of the
broader aspects of problems in the con-
struction field, it would be difficult for
1t to carry on the functions of build
ers' organization.
The committee decided that its ef-
forts should be restricted to assisting in
the formation of comprehensive organi-
cations in communities where interested
groups already are endeavoring to pro-
mote them and that 1t would prepare a
report descriptive of the organization
and operations Of existing comprehen-
sive groups.
Evening star., 1931-12-22
MARKETING CONFERENCE
WILL BE HELD IN D. C.,
By the Associated Press.

BY the Associated Press.
A national conference on efficient
and profitable marketing will be held in
washington on December % for the
interchange of views as to fuller utiliza-
ton of Federal data being developed in
the distribution field.
The .parley will be addressed by Off
cialS of the Commerce Department who
will discuss various aspects of the gen.
eral marketing research program which
the department is carrying out in the
interests of distribution waste elimina-
ton and long-term planning.
Following the presentation Of Gov
ernment views business executives and
marketing executives will outline the
methods employed by them in making
successful applications of the research
results to their concrete problems of
distribution and sale.
Evening star., 1931-12-22
INTERNATIONAL COPPER
AGREEMENT is RATIFIED

BY The Associated Press.
BRUSSELS, Belgium, December %
The Union Miniere published a note
yesterday announcing an international
agreement among copper producers, eff
fective January /.
The newspaper Echo de la Bourse said
the Union Miniere had agreed to reduce
its production temporarily from 1873 ,949
tons year to $4,000 tons, of which
10000 tons will remain stocked in
Africa until the market improves.
This new reduction, following the re-
duction of November, 1880, said the
newspaper, was consented to first to
check a campaign against Belgian cop
per abroad and second in the interest
of solidarity among copper producers.
Evening star., 1931-12-22
New York Cotton

Special Dispatch to The Star
NEW YORK, December 22-Opening
prices today were unchanged to points
lower. Trading was fairly active. In
distant months there was moderately
heavy covering.
Opening prices were: December 6.12,
off 3; January GA, off 2; March 634,
unchanged; May 6.5l. off L. July $50,
off /, and October 6.95, unchanged.
Evening star., 1931-12-22
Farm Income Estimated.

By the Associated Press.
From incomplete data now available,
the Department of Agriculture estimates
that gross income from the farm pro-
duction of 1881 will not exceed S7,0Oo,-
100000, compared with $9,34IO00, 900
for 1880 and with $l1,911 ,000, 900 for
1929,
Evening star., 1931-12-22
Visible Wheat Supply Lower.

NEW YORK, December % R,-The
visible supply OF American grain shows
the following changes in bushels:
Wheat decreased 1,135,000; corn in
creased $4,000; oats decreased 372 900:
rye decreased 1000; barley decreased
$4,000. .-
Evening star., 1931-12-22
RIGRTS-EXPIRE

4t u Com Edison... 81 1at 1k IL "a
o Ft Pub Svc N II Feb 5 3 q
Dividend rates in dollars based quarterly Of
nua payment Ex dividend tParty tplus a. in .tocr
sPayabie in cash stock. Payable Adjustment
olVlaeno Plus % IN stock Plus 81 ls In
oek Plus Plus ~ IN to stock Pus oG in
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-28
REV. J. [. S. H0LL0MAN
SELECTS SERMON TOPIC
Will Discuss Calvary, the Worlds
Greatest Battlefield" at Second
Baptist Church.

At the Second Baptist Church. Third
street between H and I streets, the
pastor, Rev. j. L. s. Holloman, viii
preach tomorrow on the subject, "Cal-
vary, the Worlds Greatest Battlefield"
At the evening hour service will be
special platform meeting in the in
terest Of the N. A. A. c. P. Short adj
dresses will be delivered by Rev. r.
w. Brooks, pastor Of the Lincoln Tenn
pie Congregational Church; Mrs. Julia
West Hamilton, president OF the Y.
w. G. A.; j. q. LuValle, editor Of the
Washington Tribune; j. G. Bruce, SUE
pervising principal In the public schools,
and Miss E. r. Merritt, president Of the
local branch Of the N. A. A. G. p.
The program for Holy week Is as
follows: Monday, Rev Augustus Lewis
will preach; Tuesday Rev. w. A. RAN
dolph will preach: Wednesday Rev. r..
D. Grimes will preach; Thursday, Var
sity Quartet Of the Virginia Union
University will be presented in recital:
Friday Rev. G. T. Murray, pastor Of the
Vermont Avenue Baptist Church, will
preach. All these services viii be held
at $50. pm.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-28
PRESBYTERIANS TO HEAR
LAST OF GAYLOR SERIES
Eleanor Gary Named President OF
Westminster League at Gen.
trail Church.

At the Central Presbyterian Church,
the pastor, DR.. James H. Taylor, will
preach Sunday morning on the theme,
The King Is Coming"
This will conclude the series Of SER
mons on Christ in the Modern
World" At night DR.. Taylor viii con-
tlnue the sermons on Examples of
Great Faith"
Of1cers in the Westminster League
have been selected as follows: Presi-
dent, Eleanor Gary; vice president,
Gibson Hutchinson: recording secretary,
Margaret McPheeters; corresponding
secretary. Emily Johnston, and treas
urer, Norment Gusts.
The Young Peoples Friday night
Bible class viii have as the theme of
study for next Friday night THE
Crucifxion of Jesus" The class is
continuing the study in the life Of
Christ,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-28

an afternoon Of bridge following the
luncheon, About 40 alumni and their
guests were present.
Miss Marian Hummer, president of
the chapter, presided, while arrange
nents for the event were under the
direction of Mrs. A. r. Brown. No
speeches were made. . general get-to-
getner following the reading of the
minutes. which was the only formality
of the occasion. The table was dec
GRATED with variety Of Spring BIOS
sons.
The Elmira College Of washington
will give dinner in honor OF alHmnae
visitors in the Capital and students
home for Spring vacation, this evening
in the club house of the American As
ISOLATION of University Women, at 1884
/ street. Mrs. A. Lane Cricher, the
president, win preside.
DR.. and Mrs. B, r. Barker are at
the Willard for n few days before re-
turning to their home, In Bath, Me.
Mr.. and Mrs. c. @. Abbott OF De-
troit, accompanied by their two daugh-
tiers, Miss Mart Abbott and Miss Nancy
Abbott, have arrived in Washington and
are at Wardman Park Hotel for the
week end.
Mr.. and Mrs. II. p. Pitts Of New
York City are at the Shofeham for sew
eral days.
Mrs. Romano p. Clark of Pittsburgh
is at the Willard for few days on her
way home from Florida.
Mr. and Mrs. Even H. Ellison Of
Boston are at the Mayhower on their
return trip home from Palm Beach.
Mr.. and Mrs. E. w. Mcintyre of
Ventnor, N. j., are now at the Shore
ham Hotel for an indefinite stay.
Mr.. and Mrs. E. j, Curtis and their
two daughters. Virginia and Frances,
are at the Willard for few days be-
fore returning to their home, in Clinton,
Iowa.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-28
EASTER PAGEANT PART
or SUNRISE SERVICE
Temple Heights to Be seens Of
Feature Entitled "The Resur-
rection, Aprn S.

An Easter pageant, "The Resurrec-
tion," viii be the feature Of the Easter
sunrise service on Temple Heights. The
participants will be young women IN
training at Rust Hall, under the direc-
ton Of Miss Decker. Appropriate cos
tunes and settings viii be provided.
A group of Is singers win assist. In
addition there will be a choir Of zoo
young people of intermediate age, and
members Of the Christian Endeavor
Union.
Young men from the Epworth
Leagues of the Methodist Episcopal
Church South viii serve as ushers
and receive the offering at the close.
q. Roland Potter, chairman OF the
Committee on Young Peoples Work,
will preside. The service will begin
at 1880 am. Temple Heights is located
at the corner of Florida and Connec-
ticut avenues. The service Is sponsored
by the Federation Of Churches.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-28
COVERED
!. BY HUGE SNOWF ALL
Nebraska Parties Search for
Boy-Fruit Trees Damaged
and Roads Blocked.
BY The Associated press.

BY the Associated Press.
KANSAS CITY, March 28.--Old man
Winter, who returned for his second
visit this month to the western fringe
of prairie States bowed his farewell
today, but left his snowy mantle and an
icy breath.
His departure was marked by a ces-
sation of snowfall in the Dakotas, Ne
braska, Kansas Oklahoma, Northern
Texas and the Rocky Mountain States.
Snow plowS both on railroads and high
ways were pushed throughout the night
clearing transportation paths which
had been blocked by high drifts. All
but one of several persons previously
reported missing in Nebraska had been
accounted for today The search con-
tinued for Boyd Edwards, years old,
vino had not returned from school to
his home near Max.
Fruit growers and cattlemen were
apprehenSive over the effects of the
storm. While cattle losses in the Pan
handle section of Texas were not as
heavy as at first reported unofficial re-
ports indicated severe damage to bud
ding trees.
Indications in Colorado and Mon
tana were that the storm had reached
its peak. Skies were clearing in Colo
RADIO and temperatures appeared to be
undertaking In Western Kansas many
persons reported missing were found
safe.
Trains into Kansas City from the
West and Southwest were from to II
hours late. Snow plowS were bucking
drifts from Phillipsburg, Kans., west
ward in an effort to clear the Rock
Island line between here and Denver.
Airplanes were grounded, wire COM
munications were only slightly affected.
Snow was scattered over the Pacific
Northwest and the mercury tlImbled In
Southern California. Fruit buds and
blossoms in apricot orchards in the
Yakima Valley of Washington and
citrus groves in the Imperial Valley,
California, were nipped. Some damage
was reported.
In most sections, however, orchard
lists and ranchers welcomed added pre-
cipitation.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-28
ARMY RIDERS SCORE

AUGUSTA, Ga, March % LP).--Army
riders from Fort Benning, Ca, took
most Of the honoES in yesterdays events
in the Augusta Horse Show
Fort Benning's first places yesterday
were in the polo mounts class, won by
Lieut. w. G.. Skeleton, on Fatima: the
ladies' hunter won by Mrs. D. d. Hede-
kin, on Harry W., and hunters and
jumpers. won by Lieut., d. d. Hedekin,
on Harry w.
Mrs. Theodore Bobbitt Of Charleston,
S. c., with Charles Minuteman, was first
in the ladies' five-gaited saddle horse
class.
Betty Stewart Richardson Of Eng
land was first in the juvenile horseman-
ship event for children years old and
under.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-28
REV. MARK DEPP LEADS
CALVARY M. {. SERVICES
"Victory of Defeat" and "Battle
Royal Chosen as Subjects
for Sermons.

"The Victory Of Defeat" will be the
sermon for Palm Sunday morning at
the Calvary Methodist Church, Column
hia road near Fifteenth street. The
minister, Rev. Mark Depp, win preach
at this service, and again in the service
at 8 O'Clock, when he viii use for the
subject Of his address, 1.-THE Battle
Royal"
The young people viii meet at z
o'clock in the Philathea class room.
DR.. H. M. Dudley of American Uniyer-
sity, will speak at this service. Friendly
hour, beginning at $50 o'clock; tea will
be served. The High School League
meets at $3.50 o'clock.
On Holy Thursday communion will
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-28
IRISH TO SPEAK TO KING
Officials in Giving Advice to Go
Directly to Ruler.

DUBLIN, Irish Free State, March %
Rl.-The Irish Free State henceforth
will speak directly to King George in
rendering advice to his majesty and In
effecting certain documents having in
ternational character instead of adj
dressing him through the British sec
rotary Of state for dominions
The new arrangement was revealed in
an Official statement made public here
last night. It was agreed on during a
visit to King George from Irish Minis
ter Patrick McGilligan.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-28
sidecar Seat in Court.

Whether the seat on the sidecar Of a
motor cycle is a proper seat within the
meaning of the new British road act
has gotten into the courts. A judge In
a Birmingham, England, court has dis
missed a charge that the seat, no mat
ter how secure or comfortable, Is not
legal one as far as he knew. and sug-
gested 1t might take higher court TO
decide the question.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-28
ASKS $50, 900 DAMAGES

DsF4thIHV1o 1Ntt1E NAs1E1I1s = q lIItE11NE
Injuries in Traffic Crash.
Robert Lee May, trading as the A. b.
& w. Rapid Transit, was named de-
PENDANT yesterday in a suit to recover
$4,000 damages filed in the District
Supreme Court by Sol Nechamkin,
Baltimore, Md. for alleged personal
injuries. 1t is charged that the de-
PENDANT through an agent was operating
a bus on the Highway Bridge. January
IL, when the vehicle was swung beyond
the middle Of the road and crashed
into plaintiffs car, causing him to sus-
tain permanent injuries. He is repre-
sented by Attorney Alfred M. Schwartz
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-28

The Onicers' Club of the Army War
College was the scene of another Of a
series of dinner dances last evening,
when one Of the largest dinner parties
was that of Maj. and Mrs. w. r.
Gruber, who entertained in compliment
to the Assistant Secretary Of War and
Mrs. Frederick H. Payne. Their guests
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-28

The Postmaster General, Mr.. Walter
r. Brown, has returned from few
days stay in Toledo, Ohm.