davidaulloa/AmericanStories huggingface dataset:
Smyrna times., 1931-10-14
DUCK SEASON OPENS SOON
Fish and Game Body Gives Data
Interesting To Gunners

The Delaware Fish and Game
Commission has issued a letter
calling attention to the time for
the opening and closing of the sea
son for various species of game.
The letter also states that an eff
fort is being made to lengthen the
season for wild ducks and the mat
ter is now being considered in
Washington. The letter gives this
information: The season for the
shooting of ducks, geese, brant and
coot opens at - noon on Novem-
Der 16 and closes at sunset on De
cember 10. Raccoon and opossum
opens on October Is and closes on
January Is Gallinule and snipe
opens on October 16 and closes on
January Is. Woodcock opens on
November ID and closes on Deeem-
Der Is. Fox opens on October
and closes On April 80. The squir-
rel season closes en- October Is. It
is illegal to shoot swan, woodduck,
ross geese, cackling geese, snow
geese and reed birds at any time.
The daily bag limit is fifteen ducks
four geese, four Woodcock, 20
snipe. ~ birds or fowl of any 9th
er species, six animals. The sea
son for shooting duck, geese, brant
and coot was reduced to one month
after experienced observers of the
governments of the United States
and Canada had carefully investi-
gated the conditions Of the prin-
cipal breeding grounds Of these
migratory birds. These conclus-
sions are amply supported by
sportsmen and others interested ir
the situation. While the open sea
son varies in different states, in on
case does it exceed a period great
er than one month. These periods
were selected to conserve the birds
and to avoid undue hardship on
legitimate interests. The original
periods have been slightly modi-
fed in some Of the states to take
care Of the local conditions, and an
effort is being made to have the
season in this state changed Sc
that it will open On November 2
instead of November Is and close
on December /, instead of Docem-
Der Is. This matter is now in the
hands Of the Biological Survey, al
Washington, and in case any
change is made in the open season
due notice will be given through
the press. The Delaware Pointer
and Setter Club will hold its field
trials in the vicinity of Newark or
October 10 and continuing for -four
days. One hundred and sixty-one
pheasants raised by the boys anG
girls throughout the state from
eggs furnished by this commission
early last summer are now being
4 released. It is felt that the inter
est which these children have
shown in raising these birds viii
still be continued. NOTE: The
/ Biological Survey recently refused
to grant the request of the Della
ware Game and Fish Commission
to advance the date of the open
season to November End.
Smyrna times., 1931-10-14

ward Tucker, Audrey Westfall,
Edward Wisk, George Wright.
Kindergarten, Miss Foard, teach
er Jack Brown, Garland Collins,
Vance Cole, Wells FAIRIES, Jack
Garis, Jack Griffin, William Hart
nett, Bobby Jones, Bennie Archer,
Francis Bramble, George Slaugh-
ter, Elma Foxwell, Florence Pass
waters. Ethel Van Pelt, Marie
Francis Walls, Beatrice Burris,
Margaret Jones.
Smyrna times., 1931-10-14
IN STATE CDNGLAYL
0CT.9,1O'1l
sT.TE PRESl-
b. sNAi-,' II SESSIONS
services Open
Fpyi uOI5i Pilgrimage sunday

| ,,,,,,srs state DeMolay
la,s IS third annual ses-
!, ,ss5Istovn, 55l1 to as guests of of
l5laali 8sar5 Chapter order . Of
Ssnlt sn october 9, 1o, G,.,5.,, I,
\. y we're opened on Frlaay a:
! gMiddlstown with 5l,,s spss- so-
Inn \ ceremonies. The .o,5 ae-
T. .'c conferred by team con con-
n n mast master councillors
|.3.gton chapter and pres
In5 nsst officers Of Delaware
!I,,.,Di. aT, The ceremonies 5
|,'nws5 l.,,l BY an address OF
l,~'F Nv Harold Stafford, mas
! l,.;,r y Lodge No. 5, A. F.
pnlol -, rosnonse was de-
NJ ,-,l-.ood - 7 Banning, ad-
y.or py Ei" Beard chapter.
Dlii.a, .,i,s Of the evening
zen by Jonn nI;,ode,nbia :
adviser OF I I11, ~o,,d ac-
,,Ssr ~. Of Grand Council. The
Smyrna times., 1931-10-14

Subscribe to The Smyrna Times,
$1.50 year in advance.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
BONDS IRREGULAR
IN SMALL VOLUME
Some Junior Issues Show
Signs of Recovery-High
Grade Paper Firm.
, BYE. H. RICHARDSON.

Special Dispatch to The Star.
NEW YORK, May 16-Bond trading
today was in small volume. Domestic
issues worked irregularly higher while
foreign dollar bonds were irregllarly
lower. There was tendency on the
part of some junior issues, recently
very weak, to recover tractionally, but
this was almost Offset by the marking
down of inactive bonds and the con-
tinued weakness of some of the indus
trials. High grade issues were firm for
the most part
The selling in the foreign list was a
continuation of liquidation generated
by the peSsimism of the last few days
and the increasing conviction on the
part of American holders of foreign
dollar bonds that in many cases de-
faults or readjustment programs will
occur.
German bonds sagged under q mod
crate volume of selling. The Young
Plan loan 512s were unchanged at a
Bank issues sagged fractionally. Rep
arations rs were off a small fraction.
Municipals such as Prussia IS and Ber-
lin 6S dropped a point or more. The
same picture was presented by the
South American group, with losses in
Brazilian Governments, Sac Paulo,
MinaS Geraes, Pernambuco and Rio de
Janeiro obligations and Chilean, Colon
bian ard Uruguayan credits. Argentine
IS were fractionally better. However,
nowhere was there heavy trading in
foreign bonds.
In the domestic list, the best recov-
cries in secondary carrier obligations
were made by Erie IS, Atchison con-
vertible 415s, Chicago Great Western
Is, ST. Paul SIS, Denver 81 Rio Grande
consolidated As, st. Louis Southwestern
As and Western Maryland As. Missouri
Pacific SIS were unchanged to slightly
lower. Frisco bonds showed no ten
dency to recover their recent losses.
Industrials that we're lower included
Phillips Petroleum 5Hs, Goodyear SIS,
Commercial Investment Trust 51as,
Chile Copper SIS and Armour AIS.
There were small gains in Colon Oil Is,
Dodge Brothers IS, General Baking
5I2s, General Motors acceptance IS,
Goodrich IS, International Paper IS.
Postal Telegraph IS. Shell Union OH
IS and Texas Corporation SIS.
Western Union IS, which have been
sliding for some weeks, were subStan-
TALLY improved around 1912 for the
1851 and 1860 maturities.
United States Government issues were
in heavy demand at new high levels,
Liberty fourth 4As advancing over 4/32
to within shade of los. This is the
highest p-ice for this bond since issue.
Presumi!,g the bond will be refunded
on the call date, the yield on an annual
basis is reduced to about 2.15 per cent.
Municipals were strong again. Next
week municipalities will float about
S47,000,0 900, which compares with an
average of less than 100000 a week
so far this year In its present condi-
ton the market could absorb twice that
amount of prime municipals. Current
yields on outstanding municipals range
from 325 to $50 per cent.
Copyright, 1879
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
Buying for Profit
BY GEORGE T. HUGHES.

Investors make use Of the stock ex-
change machinery for short selling in
two ways:
First, it sometimes happens that an
owner of stocks wishes to sell either be-
cause he believes that the market price
will decline or because he is satisfied
with the profit accrued since his orig
inal purchase. He may, however, find
it inconvenient to go to his bank, open
the safety deposit box and take out the
certificate to deliver to his broker. Per-
haps he will be out of town when he
makes his decision to sell. In that case,
assuming that he has an account with
a stock exchange house, he may tele-
graph his selling order and deliver the
stock certificate at some later time.
Meanwhile he is technically short OF
the stock. His broker borrowS in the
usual manner and makes delivery Of
the borrowed stock to the buyer.
The second use is in case the IN
weston is uncertain whether he wants
to permanently close out his interest
in corporation, but does feel that the
market trend is downward. In this case
he may sell his shares, not making de-
livery, and again he will be technically
short of the market. If the price reacts
to what he regards as a more reason
able level he buys back the stock and
clOSSS OuG Tie JTdDSdcJlOn WlJuOuG CNcA
withdrawing the actual certificate from
the bank. He has made a profit on his
short sale which he can regard as an
extra dividend.
The danger in this course Is that the
investor may have misjudged the mar
ket, and instead Of the price declining
it will advance. In that case he Will
have to decide whether to take a loss
on the speculation or to make delivery.
The chances are that he will take a
loss, because the only reason he had for
selling was doubt about the market, and
events showed he was wrong. 1t takes
only few transactions of this kind to
reduce the dividend yield. When stocks
are sold without making delivery but
with the seller able to deliver because
he is the owner he is said to sell
against the box"
1t happens at times that there is
large scale selling of this kind, with
consequent increase in borrowing de-
mand, which gives the impression of an
overextended short interest. To give
such an impression Is the design when
1t is desired to conceal the fact that
actual liquidation 10 in progress,
(Copyright 1911
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
NEW POWER PROJECT
is GIVEN INSPECTION
officials and Guests Visit Power
Development on Susque-
hanna River.
Special Dispatch to The star.


BALTIMORE, May 16-The new
hydroelectric power development Of the
Safe Harbor Water Power Corporation
now under construction on the Susque-
hanna River, which is expected to de-
liver its first power here early next
Winter. was inspected yesterday by
directors of the Safe Harbor Co. the
Consolidated Gas, Electric Light &
Power Co. OF Baltimore, the Pennsyl-
vania Water & Power Co. and guests
from Montreal, Boston, New York
Philadelphia and Baltimore.
The group included j. E. Alfred
chairman of the board of each of the
companies; Herbert A. Wagner, presi-
dent Of the Consolidated Gas, Electric
Light & Power Co.; Charles E. F..
Clarke, president, and John A. Walls,
vice president and chief engineer of the
Pennsylvania Water e. Power and Safe
Harbor Water Power Corporation; John
r. Freeman, noted engineer. of ProVi-
dence, r. l.; s. 2. Mitchell, chairman OF
the board of the Electric Bond g. Share
Co.; Thomas H. McCarter, president OF
the Public Service Corporation of New
Jersey, and Lucius s. Storrs, president
of the United Railways & Electric Co.
of Baltimore.
The initial installation at Safe Har-
Dor will be 255, 900 horsepower and
foundations are being laid for an ulti-
mate capacity of 500 900 horsepower.
The entire initial output of the Safe
Harbor development, 1t is understood
will be taken by the Pennsylvania
Water and the Consolidated Gas, Elec-
trio Light a. Power Co., large part OF
the power being intended for delivery To
the Baltimore area.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
Baltimore Markets

Special Dispatch to The Star.
BALTIMORE, Md, May 16.-Po-
tatoes, white, 100 pounds, 1.25a1 IS;
new potatoes, barrel, 250a4.O0; sweet
potatoes, barrel, 20Oa450; yams, bar
rel, 350a450; beans. bushel, 1.25a2.25;
asparagus. per dozen. 1.50a3 90: beets
crate, 1.25a2.25; cabbage, bushel, 6os
10; carrots, bushel, 60a75; caulifower
crate, 225a2 so; celery. crate, 1.50a3.50
eggplants, crate, 200a5 90; kale, bushel
10a30; lettuce, hamper, 50a75; lima
beans, 3,50a6.00; peppers, crate. 1.00s
400; Spring onions. per 100, 50a1 90;
spinach bushel, 1212a30; rhubarb, pei
100, 200a4.00; tomatoes, crate, 1.00a
$50; apples, bushel, 75a2.50; per box
1.75a2. so; grapefruit, box, 1.50a3.00;
oranges, box, 2.50a4.25; strawberries
quart, 8a20.
Dairy Market.
Poultry, alive-Chickens young, 25a
80; old hens, 21a23; Leghorns, 17al8;
boosters, 14a15; ducks, l5a25; Guinea
fowl. each, 5Oa75; pigeons, pair, 30a35
Eggs-Receipts, 1855 cases; nearby
flrsts, dozen, IT; current receipts, 1872
Butter-Good to fancy creamery
pound, 2312a26; ladies, 19a20; rolls, 16a
IT; process 21a22; store packed, IA.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
U. S. APRIL EXPORTS
AND IMPORTS DROP
Goods Sent Out Exceed Those
Brought in by $50, 900, 900,
Department Says.
BY the Associated Press.

Exports from the United States
totaled $217,O00,00O during April a.;
compared with 1891 1892, 900 in the same
month of last year. while imports drop
ped to $187 200. 900 from $307 1924, 900.
The excess of exports over imports
was listed by the Department Of Com
merce as amounting to 10000 900 last
month, against an excess of $23, 908, 900
in April. 1880.
For the four months ending with
April, exports totaled 1926, 879, 900,
against $1,460, 9S2 900 in the CORE
spending period of last year. Imports
fell during the four months period from
$1,000 959, 900 to $755, 279, 900. Exports
Of gold during the past April totaled
$4,000, as compared with $4,000 dur
ing the same month of last year. Gold
imports amounted to SAC, SAB 900, against
$65,835, 900 in April of 1880. Silver eX-
ports totaled $3,249,000 against ex-
ports Of $4.646 900 in April of last year
Imports of silver totaled $2,439 900,
against $3,570,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
JOBLESS AID LAW
PLAN IS PROPOSED
Authors Declare Progress So
Far Show Voluntary
Action insufficient.
BY J. r. BRACKET,
Associated Press Rusiness Writer

NEW YORK, May 16.-A plan where.
by American employers would be re.
CURED by law to set apart reserve to
care for unemployment was proposed
following comprehensive survey of the
unemployment situation conducted al
Swarthmore College by two economists
Of the University Of Chicago.
The plan Is contained in the book
The Problem of Unemployment" BY
Prof. Paul H. Douglas and Aaron Dr.
rector, just published.
The authors conclude that slightly
more than 10000 workers are protect
ed today from the risks of unempIoy-
ment by trade union, employer and
joint employment benefit plans-rep-
resenting approximately one-half of 1
per cent of the gainfully EMPLOYED
wage earners and salaried workers ia
the United States.
Can't Wait on Volunteers.
Since it has taken a decade for even
TINS number to be covered" say thu
authors, 1T would seem that while
such ventures are extremely valuable.
both as experiment stations and to
get the public mind interested in the
subject, We cannot rely upon voluntary
EFFORTS II substantial progress Is to be
made In furnishing adequate protection
to the workers"
Prof. Douglas and Mr.. Director were
invited to Swarthmore after a sroun of
Philadelphia and New York business
men suggested that comprehensive and
continuing study of the problem of I'M
employment should be undertaken. The
project was financed by an anonymous
philanthropist.
The authors plan proposes. In brief:
It should include all manual workers
IN industries other than agriculture
employed by employers who have three
or more workmen on their pay rolls.
and all clerical workers whose fulI-time
salary is less than $4,000 a year.
Other Proposals.
There should be Joint contributions
by workers and ernployers-this is the
plan now followed by the General
Electric Co.
The fund should be administered by
joint body of workers and employers,
with Chairman representing the State.
Benefits should be paid primarily only
70 those laid OF because of lack Of work.
Jobless person, registered in a pro-
posed system of national unemployment
bureaus, cannot decline work at his
trade in his locality at the going rate
Of wages (if there is no strike) and con-
t1nue to draw benefits.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
COMMODITY PRICE
TREND is STEAD|ER
But Fractional Decline Puts
Average for Week at
New Low Mark.
BY III. N. McGILL.
Editor McGill Commodity Service.


AUBURNDALE, Mass, May 16 (Pl.-
Following several weeks Of sharply de-
Ginning commodity prices, the average
during the past week remained steady,
showing only a fractional decline from
the week ended May 8. The downward
movement was sufficient, however, to
establish the level of all commodities
at new low point.
A review of price changes in II in
dividual groups shows that declined,
3 remained unchanged and 2 ad-
vanced. Price upturns were noted in
agricultural products and live stock,
two very important groups, which off,
set the declines in some OF the other
groups.
How soon commodity prices will be-
gin to stabilize depends entirely upon
the degree of recovery in industrial &C
tivity. While the total business volume
remains above the low point established
three and four months ago, the extent
of the upward movement has proven
limited. Confidence in commodity mar
ketS will not return until higher busi-
ness activity and q substantial revision
upward in stock market prices Is some
| thing more than merely an expectation.
During the past few months price weak
ness has been particularly notable in
the industrial group, live stock, non
ferrous metals, textiles and vegetable
| oils.
All Commodities.
Noting specific changes during the
| past week, the average of all commodi-
| ties held fairly stable yet was frac-
ttonally lower than a week ago. The
nine groups that declined during the
past week consisted Of industrial COM
n%1 LII
| non-ferrous metals, ferrous metals,
paint materials, paper and pulp, textiles,
fine and coarse.
Industrial Prices.
The sharp downward movement that
has characterized industrial prices dur
ing the past six weeks continued. The
current rate OF production is holding in
close alignment with demand, yet stocks
| on hand are so large that there is little
| confidence in future buying Another
point is that consumers are not certain
| OF what future requirements actually
| are.
Agriculture.
Agriculture was one Of the two groups
that advanced. The grain markets are
now in close alignment with world quo
tations. While the supply and demand
AdClO WAL WOIh hSdulSL any SedSOIlal
| price strength OF Importance, 1t is en-
| couraging to note that farm products
| are resisting the downward trend.
Non-FeTTOus Metals.
One Of the weakest groups was nom
| ferrous metals, which reached a new
! low 44.6 under the 1925 average. Cop
| per, lead, zinc, tin and anthony are
holding close tot he lowest price level
in many decades.
Textiles.
| Textiles also continued the downward
| trend noted in recent weeks, cotton con-
| tinually holding under the l0-cent level,
| while silk and wool were moderately
/ weak.
The three groups that remained I'M
changed were chemicals, fuels and vege-
table oils.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
COMMODITY PRICES
HELDLOW ENOUGH
Banker Says Stabilizing Nee
eSsary to Maintain Pres
ent Wage Rates.
specIal Dispatch 70 The star.


YOUNGSTOWN. Ohio. May Is
Commodity price defiation has gone too
far in many lines and some degree Of
sterilization Is necessary II wage rates
are to be maintained at their old levels
1t was declared by Allard Smith, execu-
tive vice president of the Union Trust
Co, Cleveland, before the Credit Mems
Association Of Youngstown.
Excessive defiation is Just as danger
Gus to a proper business equilibrium an
is excessive imitation" said the banker.
THE most vital factor of the price
situation, as far as the whole country
Is concerned, is its relation to wages.
Although in a number of lines wage
reductions have been made from pure
economic necessity, business men in
most fields have done their utmost to
keep real wages as nearly as possible
at the old level. Everything else has
been cut first.
Wage Stability Vital.
This attitude was taken not only
upon humanitarian grounds, but be-
cause business has now come to recog-
ntze that public purchasing power is
largely dependent upon wage stability
and that the volume Of sales is in turn
dependent upon public purchasing
power. It would appear now as though
no further price reductions could be
made without further cuts in wage
rates.
THE process of price dedation
through which business has been mass
ing was an inevitable economic read
justment. But somewhere and some
how there is proper end to this proc
ess. hope that time has now arrived.
Many indications point to that con-
cl1sion.
Retail prices recently have been
falling rapidly into line with reduced
wholesale prices.
1T is an actual fact today that
thousands Of housewives who are buying
merchandise only when offered at special
sales prices are by so doing threat
ening a reduction in the size Of the
payrolls Of their own families. More
over, purchasing agents who are still
trying to hammer down the price Of
materials may defeat their own pur-
pose by causing wage reductions for the
very people who buy their products.
Association Can Help.
How may we undertake the task of
price stabilization2 First of all price
staoil1zation means that business men
engaged In similar lines must s,lbgti-
tute cooperation for cut-throat com
petition. Many industries have already
set up the machinery for such co-op-
Grafton In the form Of trade associa.
tions.
These associations can do q great
deal in the direction Of price stabilize
ton. I do not mean that they should
gee together for the purpose of fixing
definite prices. They can, however. %
far in the direction Of eliminating de-
structive selling prices and unfair COM
petition and these are the things that
retard price Sterilization"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
Most Important Price Changes.
UNION TRUST COMPANY
BUYS FROSTBURG BONDS
Special Dispatch to The Star.

Special Dispatch to The Star
BALTIMORE, May 16.-The Union
Trust Co. OF Baltimore has purchased
500 900 issue of water-improyement
bonds fioated by FTostburg to insure an
adequate water supply system for the
town in time of drought.
The. Baltimore banking house bid of
$lO3,70O was accepted by the Frost
burg mayor and council.
Frostburg was the second Western
Maryland town 10 sell bonds authorized
by the recent session Of the Legislature.
with several other such proposals still
pending Frederick sold a 100000 is
sue of water bonds two weeks ago TO a
Baltimore investment syndicate.
Cumberland, Brunswick and several
other towns have yet to sell more than
81 900. 900 in water bonds authorized by
the General Assembly.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
CLOTHING SALES SLUMP.

NEW YORK, May 16 (P.-Unfavor-
able weather during the week was re-
sponsible for considerable decline in
retail sales of mems clothing and fur
nishings, New York stores reported, al
though they said definite improve
ment appeared with the sunshine yes
terday. Consistent promotions by some
OF the leading chains of the lower priced
lines in shirts, pajafnas and neckwear
has resulted in fair business in these
items, but, 1t was pointed out, the more
expensive ranges are suffeeing.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
Maryland Bankers to Meet.

BALTIMORE, May l6 Especially -
9he Maryland Bankers Association will
hold its thirty-sixth annual convention
Wednesday at Haddon Hall, Atlantic
City. The convention will be called 10
order at 10 o'clock by Alexander Arm
strong, president Of the association and
head Of the First National Bank OF
Siagerstown. A number of well known
authorities on banking and economies
will address the various sessions OF the
!envention, which closes Thursday.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
Addition Plan Reported.

NEW YORK, May Is LP.-Wall
Street hears that the Bethlehem Steel
Corporation management has under
consideration a 100000 expansion
program for its subsidiary, Pacific
Coast Steel Corporation. The mills Of
the addition will be located on II acres
Of land adjoining the present plant
site at Vernon, Los Angeles.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
Farm Values Decrease.

TOPEKA, Kans., May 16 R-A
sharp decline in Kansas farm land VAL
ues III the last year was officially re-
ported yesterday. Average value of farm
lands, with improvements. as renorted
by Federal crop correspondents March
!, 1881, was placed at $50 an acre, com
pared with $62 an acre last year. s63 in
March, 1925, and $50 in March, 1920.