davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-16
MUNICIPAL BORROWING
TO DROP OFF NEXT WEEK

NEW YORK, August l5.-Next week
only Ss,Soo.0o0 viii be sought in this
market by municipalities against about
SooOo0,o00 in the past week and the
weekly average since January / Of $Ss,-
ooe,0oO. The tapering of in new Is
sues has accumulated the scarcity ex-
Stlng IN this market Prices are all
higher than q week ago. in some cases
the advance amounting to as much as
5-l00 per cent In yield basis. Thus the
current range in yields IS 3.45 to $50
per cent against $50 To 400 q week
ago. Only three OF next weeks issues
WA amount TO 81 ,0oo 900 or n1ore-$I, =
l0l. 900 Irvington, N T.. Improvement
and sewer bonds, 81 OO0, 900 Chicago
south Park district bonds and $1,000
aaR Al1ntln Go - Reznnna $500
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-16


confined to>any particular age or period.
We witness panic as far back as 70
centuries ago, when, in 594 BIC, under the
reign of Scion, depression spread all over
the then known civilized world. We meet
depression almost 1900 years ago, when,
in So AID, the Roman empire is in the
grip of a pronounced economic crisis,
brought about, to large extent, by large
improbable investments made by the
government, and by enormous expenditure
incurred in connection with the main
tenance of large army and navy.
Incidentally, unemployment in Rome
at that time became very serious prob
lem and governmental and private agen-
cies became active in relieving the exist
ing distress. A contemporary historian
bitterly attacks the free distribution OF
grain-the dole of today-on the ground
that it served to keep thousands of able
bodied men in idleneSs at the expense Of
those who were working.
This view may sound somewhat
miliar with the British dole system and
will possibly not disagree entirely with the
depression in the fourth century. brought
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-16
Eight Retail Stores Here In
crease 81 Per Cent Over
July, 1880.
RESERVE BANK AREA
AS WHOLE HAS LOSS
Washington Also Leads in Com
parison Covering First Seven
Months of 1881.

Washington's claim as q city Of more
stabilized business conditions was dou'
bly, justified by Federal Reserve Sys.
tenn reports, just as the Government
2isbursed yesterday another fat Federal
pay roll to its more than $1,000 en-
ployes in this city.
In the first place, washington !!
located in the fifth Federal Reservt
district, with headquarters in Rich
mond--a district which showed rec
ord of department store retail sales
during July that was better than the
record OF any other Reserve district
Furthermore, this record bested the
sales of any other district for the flrst
seven months Of this year, as com
pared with the first seven months OF
last year.
In the second place, washington LED
the whole nth district in retail sales
Of its eight department stores report
ing to the Federal Reserve district
headquarters.
Gain Made Here.
This was shown by figures disclosing
that while the aggregate amount OF re-
tail sales of SIS department stores II
20 cities OF this district in July OF this
year was 3.5 per cent less in dollars
than total sales in July, 1880, the eight
stores in Washington showed an IN
crease of 81 per cent over July, 1880.
This city was the only one reporting
a gain. all others showing decreases.
For the first seven months OF this
wear washington also led the fifth dis
trict. with a gain of 2 per cent. while
all others showed loss, the average
loss for the SIS stores reporting being
% per cent, as compared to the sim
liar period of 1880.
In sharper contrast to the Nation al
a whole this city showed q gain OF
per cent or more during the two COM
parable periods, while the whole United
states. with SIS stores reporting 60 the
various Federal Reserve district head
quarters, showed q decrease OF 8 Del
cent, both IN July, and for the firs'
seven months.
Comparisons by Cities
Only II stores increased in sales In
this district during July, while 80 de-
creased. washington shows eight
stores reporting at gain Of 81 PEI
cent for the whole number.
The percentage comparison OF sale.
in periods of this year, as compared
with last year, are shown by the sta
tigtieaI department Of the Federal Re-
serve Bank OF Richmond in variou:
cities as follows.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-16

how other Federal Reserve districts
ranked in July trade, the first figure
comparing July, 1881, sales with July,
1880 sales and the second figure COM
pairing sales IN the first seven months
of 1881 with the corresponding seven
months in 1890: Boston, 10 and II;
New York, ~ and ~; Philadelphia,
n and "a: Cleveland, "a and -:
Atlanta, Ill and -; Chicago, --S
Minneapolis, 10 and IS; Kansas
CITY, lis and %: Dallas, III and
I'll; San Francisco, % and p.
Chain Stores Decrease.
Reports Of several chain stores rep
resented In this city are included in q
survey by Merrill, Lynch 81 CO., OF 80
chain store companies, including three
mail order concerns, which show total
sales for the frst seven months Of 1881
of S2,191 ,I95.k22, against sales Of So
2s2, 064. 400 in the corresponding period
Of 1880, a decrease Of 3.96 per cent.
Three mail order companies alone show
sales for the first seven months OF 1881
OF 1927, 336 ,o57, against 1857, 809, 633 in
the first seven months of 1880, de-
crease Of IL per cent. Excluding the
mail order concerns, AZ companies show
sales for seven months OF 1881 OF ST.
SIS, s5s, 465, against sales OF 81 ,9i4 ,244,-
$50 in the same period Of 1880, a de-
crease of 2.63 per cent.
Results for July, 1891, as reported by
so chain store companies, including
three mail order concerns, show total
sales Of $3Il 1888 ,047, against $500 $685.
564 In July. 1880, a decrease Of 2,S3
per cent. The three mail order con-
Germs alone show sales for July Of s42,-
$50 40, against s47, 068, 0T2 in July,
YO4n GarFaaea Of ~ f1nr rant
GLIDING the mail order concerns. AZ
chain store companies show sales for
July, 1891, of S26S,922. 1927, against
SAT-, 1913. 492 In July, 1880, a decrease
of ISL per cent.
Among the chains represented 10
cally are the following: Great Atlantis
81 Pacific. decrease OF IL per cent. from
500. 723,670 in July, 1880, to $95,527,
gs7 in July. 1881: Sears, Roebuck tfoul
weeks 70 July I6). decrease Of 10 pc
cent, from $25,s86. s95 to $25, 73S,837
r. w. Wooiworth, increase Of Is ne
cent, from <20,738, 355 In July, 1880. q
sci ,0Te, i60 In July, 1891; Safewa,
stores, including Sanitary Stores, s.
per cent decrease, from $1S,i93,527 d
ss7,I5D,5e3: American Stores, decreas
Of IS per cent, from $i2,sS4 ,4e2 7
from 0.S82, 426 TO lo,72i $50; Nc
Crory stores, decrease OF 80 per cent
from Ss,i22, $40 TO ss.o0A,l4i: Lerne
Stores, "a per cant decrease from 50,
05o,062 70 1885,, 645; Childs, % pc
cent decrease, from s2.050, $50 to 81,
s5e,e6l: O. G. Murphy. ii.e per cen
increase, from S1,Slss447 to &i.475.13e
Peoples Drug Stores per cent in in
Federal Bake shop. decrease Of 81 pc
cent from e3ib,75s TO e29e ,236; Ma
flonaI Shirt Shops, AS per cent de
crease, from t34S,se0 to 1886, 529.
Company ReorganIzeu.
Rufus r. Wilson has been electe
~.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-16
Depression Drives
One Wall Streeter
To Hoard Gold Coin
special plspateh to The star.

Special DISPATCH 10 the star
NEW YORK, August 15.--A
certain worker in Wall Street
often is kidded for his tinidity.
Long before the depression got
well under way be inaug,lrated
all sorts of economies, including
reading the = boss newspapers,
shining his own shoes, bringing
his lunch from home, and rolling
his own cigarettes. He has
bought no new clothes since the
ending Of the bull market, taken
no vacations and INDUCED in
none of the occasional pleasures
he took when times were more
prosperous.
The other day he confided to
q friend that in view of the de-
preston he thought it well to
accumulate a few gold pieces,
and now has $4,000 locked in his
safety deposit box.
(Copyright. 1917
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-16
WALL STREET SEES
WAR DEBT BASIS END
Financiers Quoted as Believing
Status Before Hoover Plan
Gone Forever.
Ry thA Associated press.


NEW YORK, August 15-The New
York Evening Post says that opinion
in high Wall Street quarters is that
the world never will return to the war
debt basis existing before President
Hoover made his debt suspension pro-
posal.
Men who recently have returned from
Europe say that this is an accepted
fact in all the large capitals. In thet-
opinion, those who believe that Ger
many could or would consent 70 q
return to the old basis of payments
have not studied the facts very closely
II Germany did resume payments on
the old scale, they held, she would be
in a worse position than before tbs
moratorium, as she would have the
added burden of postponed payments.
In the opinion of these students of
the situation, what is likely to happen
is that Germany vii Task for revision
of the Versailles treaty. and this reyi-
sion is believed likely to come up before
the end of the debt holiday year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-16
Everybody's Business
Economic Depressions and Trade Intlations Have
Been Common Occurrences During the
Past Twenty Centuries.
BY DIR. MAX wINKLER.

NEW YORK August is CNANA) Economic developments
within 1000 characterized by series OF
depreSons mutations confident adventure and
these develop
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-16

her currency 60 10 pieces, as well IS
her credit. Argentina has been able to
maintain her credit abroad by the pos
seT~lon Of q large gold reserve and her
rsiiIinrness to use it. Much the same
thinr. on a smaller scale, is true with
T.,,lps' The island has been paying
debts here with gold for some months.
1t was the transfer problem that
sIiscolfnt In London at the height Of the
commemorative troubles. After G27,-
600 900 gold bonds Rad been shipped
there was left an ina1facienk reserve be-
mind note issues, which for the time
being have become irxedeenAahlf paper.
-. c. -. aa1tn -.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-16
Company Reorganlzes.

Rufus r Wilson has been elected
president Of the Kretol Co. Inc, manu-
featuring chemists, With ofilces at 12o
h street southeast Louis u Bennett
was elected vice president and treasurer,
80 TRilliaza lohE1al1 a-A
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-04-19

Mr.. Hoover rarely alone. When he walked the
deck for exercise he usually had companion either
SIDE Always had at least walking companion.
When he stood by the rail to look out on the expanse
of water, he not alone And when he sat on deck
it usually in group He not alone at his meals
the contrary these affairs decidedly of social
aspect With him at breakfast which always was at
o'clock the members of his immediate party-Sec-
rotary Hurley Secretary of Interior Wilbur Mark
Sullivan, author and journalist; Richard " Oulahan,
chief Of the Washington bureau of the New York Times
Lawrence Rchey Of the presidential Secretariat COL
Campbell B. Hodges military aide; Capt Russell Train,
naval aide, and Capt Joel T. Boone, White House
physician.
At luncheon and dinner the group was larger and
included always three four newspaper correspondents
covering" the expedition several of the cam
eramen At these two meals there were also one or
two Of the ships officers.
The meals were served in the dining room OF the
admirals suite in the after part Of the ship the star
board side, which suite had been turned to the
President the cruise The table used large
round affair." which, II necessary to accommodate great
number could be heightened into oval by the adding
of leaves. At the evening meal dinner coats
and if the officers at the evening meals they
their dress uniforms There place cards. and cut
flowers in in the center Of the table The meals
were served by Fpnos Of the ships mess
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-04-19
By ]. Russell Young.

the yelling back-slappng kind. He showed his change
of mood and heart without any such collegiate mani
festations of gee He showed it in his face and voice
and in his very He dug out his old pipe which
substitutes for cigars and the very in which he
it, either strolled the deck sat look
ing the suggested the vacationist rather than
the busy business man.
BY the second day at sea Mr. Hoover had lost that
inteneneSS look and speech which has become such
a dominant trait He smiled readily and everlaSt-
ingy chuckng Che seldom laughs out loud) as yarns
were snapped He talked more than usual. Business
of the Government not the topic as is invariably
the case back at the White House He enjoyed story
telling and listening to story telling by others in the
party Commonplace subjects interested him and what
extraordinary he seemed to have taste for what
is referred to small talk. In the language OF the
street, he talked blue streak" But, might be
pected from a of his travels and experiences he
most interesting at all times He talked much about
his experiences in assisting Americans stranded in Eu-
rope when the World War broke out and about the food
relief work for the BelgianS He talked about world
sports about his college days about his work while he
food administrator and during his long service as
Secretary of Commerce In fact he talked about most
any old subject.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-04-19

ne
of the White House. he made it plainly evident on his
recent vacation voyage to the Caribbean that he was
fully enjoying it all
1t not easy matter for President to lay aside
the cares and worries of his high office with mere ges-
ture and the role of carefree vacatonst at
will. The problems of the presidency too numerous
constant Especially this has been the case dur
ing the two years Mr. Hoover has been in the White
House When he announced his intention to make the
voyage to Porto Rico and the Virgin Islands aboard the
battleshp Arizona Mr. HooverS intimate friends were
delighted and at the time fearful that his troubles
had been great and his disappointmentS heart
breaking that would be successful in shaking on
all these worries and cares.
But, to the amazement of those who accompanied
him this outing to the tropics, the President sue
wonderfully in forgetting business and assuming
role of gentleman of elegant leisure He did this
with swiftnesS too The Virginia Capes had faded from
sight only short time before Mr. Hoover gave evidence
to the members of his party that he out for good
time and for rest and that he going to get plenty
of BOTH He did not leaping around the deck of the
ship slapping his friends their backs yelling the
while "Hurrah! Hurrah I'm on a vacation" He is not
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-04-19

i. ERBERT HOOVER is not the kind of man to
whistle hum airs when light hearted and
- joyful. This very Serious-minded, hard
/ working President has a different way Of
showing his happy moods With readiness,
The Indianapolis times., 1931-05-12
TELLS OF BUS BILL
Knapp TeStifieS in Probe of
Grand Jurors.

James M. Knapp. Republican, Of
Hagerstown, minority floor leader in
the house of representatives of the
1881 legislature, testified today in
the grand jurys quiz into the pas
sage Of House Bill 6.
Knapp was the only witness be-
fore the jury today. 1t is charged
that conspiracy and fraud resulted
in the bill being passed and the sec
ton giving bus and truck control
to municipalities being stricken out
so the public service commission
will possess full control.
Records Of the house were on file
in the secretary of states Office to-
day after Dick Heller, Decatur, clerk
Of the house, had conformed to an
open court agreement by filing his
books Monday.
Attorneys for the cities, Indian
apols and Muncie, are expecting to
use the records in bus bill suits now
pending in circuit court.
The cities are seeking a court or
der to prevent printing of the meas
ure.
The Indianapolis times., 1931-05-12
Marriage Licenses

James II. Auperry, 21, 1112 North
Oriental street, clerk. and Ruth Hughes,
49,; Of 1884 Hiatt street.
G. r. Kincaid. 81. of 1924 East Maryland
street fireman. and Fay Field, 1B. Of 875
Fletcher. avenue stenographer.
Meredith r. Shaffer, 23 of 5203 North
Delaware street. shoe store manager, and
Martha Louise Kelly, %, of 1856 Grace
Harry Leroy Walls. 60 of 1909 North
Haugh street, shipping clerk, and Matilda
L. Monfreda, 10. of 749 North Haugh
street. inspector
William E. Roster. q. of 233s Valley
avenue. baker. and Nella Marie England
l8 Of 2136 Singleton avenue. .saleslady;,
Alva G. Demaree. 80. of 921 Edison
street truck driver and Marie Ethyl
Winzenread, 2S, OF $40 Lawrence avenue.
55sI1 MsITlh .+s4 Hudson ND u 4, Of ,a, 2s = North
of 2151 North Harding Street.
Vernon Liddil. 23 Of PASS North Tai
bot avenue. undertaken, and Alma NJ. Lev,
l9; OF 2S2 South Rural street. cashier.
Marshall Gioscio. 2S. of 1413 East Ray
mond street painter, and Ann Lee Girls
son, %. of 259 North Addison street
Otto R. Dietrich, 81. OF l047 South
West street, packing company employe
and Katherine B. Cross. II. Of 534 South
Joseph Petraits. "a. of 311o West Michi-
gan street, cable splicer. and Anna Ar
min, 90. of 3214 West Tenth street.
Edward Walters. IS. of 1902 Park ave-
nue., painter, and Mary G.. Chadwick,
so. of 1902 Park avenue. housekeeper.
The Indianapolis times., 1931-05-12
Births
Girls

wood. ~00' NNeAl-
Harvey. and Margaret Gloesenkamp.
pital S Ai'N1SO iiOS-
pital. @-'' A0S
pital. -A0S-
dist hospital
East Vermont.
George and Anita White. 1850 North
Ebert and Georgia Mcdaniel. Methodist
pital -1o'
Edmond and Jeanetta Browne. Methodist
Holmes.
James and Ruby Welsh. 1921 Hovt.
Cnaney and Martella Otey. 404 River
Drive parkway
Joseph and Helen Love. Christian hos
Elisha and Dolores Chapman. s2s West
Ritter,
The Indianapolis times., 1931-05-12
PORKER PRICES
DROP 5 CENTS
AT CITY YARDS
Steers Slow and Weak in
Cattle Mart; VeaIS
Unchanged.
HOGS

Swine were weak this morning at
the Union stock yards with prices
of mostly cents, some bids were
lower The bulk, 100 to 800 pounds.
sold for s695 to S7.3O; early top
holding at s7.30.. Receipts were esti-
mated at 5000; holdovers were 256.
In the cattle market steers were
slow with weaker undertone. 9th
er classes opened steady with some
bids on heifers down. Receipts were
1900. Vealers held unchanged at
SO down. Calf receipts were 900.
Sheep were steady with ncw
arrivals of 200.
Chicago hog receipts were 1900,
including $500 direct. Holdovers.
1900. Light weights strong to =
cents higher than Mondays aver
age. with q few sales and most
bids on $50 to 200 pounds at $3.50
735. Early top held at S74O. Few
heavy weights from 22O to $50
pounds sold at 81 to S71O. Cattle
receipts, 1900. Calves, 5000, and
steady. Sheep receipts were $4,000,
and strong.
The Indianapolis times., 1931-05-12
DOW-JOneS
Summary

Daily average production Of crude oil In
2.37l,039 barrels, decrease OF 1o9 692 bar
rels. according to Oil and Gas Journal.
New York cables opened in London at
i.S62s. unchanged; Paris checks, 124.32j
Amsterdam. 12,1O7; Italy. 92,915; Berlin.
2O.42.
British Board of Trade reports April
664. 900 pounds in March and 83 922 900
pounds in April. 1880 Exports were 80;
482 900 pounds against S3.98s 600 pounds
in March. and 46,S61,000 pounds in April.
Sugar melt OF fourteen United states re-
inerS from Jan. to May 2 totaled $780,
against 1.S5O,O00.
New. York Central Railroad COMPANY,
March 81, net loss of $i44 91S after taxes
and charges. against net income OF SO, AL
ESQ or SIT share on 4.ss2,5e6 shares IN
first quarter of 1890.
Paramount Publix Corporation de-
cIared 621s cents quarterly dividend on
common shares, placing stock on $3.50
annual basis. against 81 previously.
Pure Oil Company and subsidiaries in
year March 81. 1881. earned 18 cents a
common share. against 15c in preceding
year.
General Motors April consumers sales
in United States were "a per cent above
March to 1885, 663 cars. Year ago increase
was is per cent to .004 cars.
Western Pacifc Railroad Corporation in
1880 earned $l.22 on per cent preferred
shares against 81, ,4s in 1929. Including
earnings Of subsidiaries total OF 1880 net
0z2 in 1929.
Briggs Manufacturing Company in first
quarter earned 2 cents a share against 38
cents in preceding year.
Treasury offers $50. 900 900 sixty-day bills
and $50 000. 900 ninetY-one- day bills, both
dated May 18.
Pittsburgh & Lake Erie Railroad Com
Dany quarter ended March 81. net in
come S8O1.551 after taxes and charges.
aaginst S1.46O.612 in first quarter of 1880.
Chicago g. Alton April deficit after
charges of @ @$225 293. against deficit s42l M :4os
484,2i9. against S1.3l2,744.
Associated Gas and Electric system April
sa SwR TRel1e s0oTe months HfsF up
per cent record amount for period.
Rutland Railroad Company quarter
taxes and charges. against net income Of
$5,255. or cents a share on 90,576 shares
Of per cent preferred stock in first quar-
ter Of 1890.
Budd Wheel April wheel shipments
were 3S',vi eToeedfng s en- ooa aprI F nSEg Dest
1882 438 against 1861 .9i5 for full year
of 1880
April crude oil deliveries by eleven pipe
line companies of old Standard Oil group
were l0,S36,034 barrels. In March 1854
994. Year ago IS. .631. .234 barrels.
The Indianapolis times., 1931-05-12
TREASURY STATEMENT

May r.
SleaIlnES 30 1NV' wv ~ ~
BALANCES .s..-.. -s..s...- S'oVO'UOV.UV
The Indianapolis times., 1931-05-12
Deaths

Louis e. Held. 66. Methodist hospital
:, i saIlie E: adams, IL. $40 North Hamilton.
Gala J; White. IS. Methodist hospital.
pancreatitis.
Frances. Trustry. "a. st. vincent's hos
pital, peritonitis.
James Lindo Hart. So 1923 coe. chronic
lnterStitial nephritis
mvocarditiS.
acute dilatation of heart
Bobby Nell Vance. 4 mo-. 203s Yandes.
accidental
Elizsbeth Minnie Gipe. SO. 40 North Be-
Fi.Jo John 6OpSr sshesm9niaa sms q ass sn-,no
hemorrhage.
Charles stahlhut. u, so4 North Hamil-
Clarence H Sale. 4S. city hospital. ac-
cidental.
;, Sarah Eyeline Lee. rs. s27 West New
York. apoplexv.
Sarah Ann Peters. 70. New York street
bus. acute dilatation Of heart
Catherine KiStler. 62. S40l2 virginia pull
monary tuberculosis.
The Indianapolis times., 1931-05-12

Following IS the explanation of
Ripley's Believe II Or Not"
which appeared in Mondays
Times:
Wang Tung-Wang Tung 1888
GIG A. D. elder brother of Wang
Chi, was such an ardent scholar
that by the time he was 10 years
old he had not taken his clothes
of for nine years, lest it disturb
him in his STUDIOS. After he with
drew to a rural retreat, great
crowds of disciples focked to
listen to his teachings. His epi-
grams are famous in China to the
present day.
The Well That Speaks-The
speaking well' Ne puts qui
parle) Of Troo. near Montoire,
(Cher ct Loire) France, presents
a curious acoustic phenomenon.
1t repeats whole phrases spoken
into it. While drew this curiosity
on the spot, during my sojourn
in France, I put the famous echo
to the test. The French well re-
produced my English questions
faultlessly, and without the trace
of an accent.
Forty Thousand Roses to Make
One Ounce of Altar of Roses
Altar of roses is the volatile and
highly aromatic oil obtained from
the petals of certain roses by dis
tillation. In Bulgaria I have
travelled through entire districts
specializing in this distillate.
About 10000 roses 600 pounds)
are required to produce a single
ounce of altar, making it a most
costly perfumery ingredient.
Wednesday-"The Smell That
Has Lasted 500 Years"