davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-06
DEcL Inc IN POUND STlRS
SPECULATION IN LONDON

9y the AsSoclateu FTess.
LONDON. August 6.-The drop IN
the value Of the pound sterling, winch
iuttered In financial quarters yester-
day. was the subject Of somewhat puz-
lied speculation today.
It was generally agreed that the nue.
tuation was due to the cessation OF pur-
chase by the Bank of France, causing
nervousness In Paris. Why such feel
ing should have arisen baffied many OBJ
servers, but the tendency was to at
tribute it to some temporary misunder-
standing or lack of cooperation among
those interests which arc supposed To
be protecting the pound.
Qualification was expressed at ns
subsequent rally, although short OF full
recovery. The latter fact caused the
expectation In some quarters that there
would be further Withdrawals of gold
from the Bank of England. On the
whole, however, the slump did not cause
great concern, the Times commenting
thus:
mo importance need be attached to
Yesterdays erratic movements OF ster-
ling. They were more spectacular than
significant. The weakness was due to
what may be described as technical
changes in the market for sterling
which led to some misunderstand1n
There has been no real change In ster-
ling's position"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-06
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS

NEW YORK, August 6.--The follow
ing is summary of important corpora
ton news prepared by the Standard
Statistics Co, Inc. New York, for the
Associated Press:
News Trend.
Electric output for the week ended
August was below last year. but the
decline was slightly smaller than was
reported In the previous week. Output
for the week, according to the National
Electric Light Association, was 1,644, :
OBS, 600 kilowatt hours, decline OF z
per cent from the corresponding week
last year, and compares with the pre-
ceding weeks decrease of 81 per cent
from the like 1880 week.
The Companies.
American Stores common share earn
ings, six months TO June 80, Si.S8, VS..
sl.76.
American Water Works e. Electric
common share earnings, IL months 70
June 30, S272, VS.. 1882.
Douglas Aircraft untitled orders July
81. si,S55 900, vs.. $3.e98,000.
GOODYEAR T. g. r. subsidiary, Good
year Zeppelin Co. to begin work on
second Navy dirigible upon Govern
ment.s acceptance of the Akron
Patino Mines & Enterprises CONSOLE
dated deficit, six months to June 80
SAT- ,l06, VS.. deficit $33S,0ll.
Railway q Light Securities liquidat-
ing value June 80, 1881, $44.75 COM
mon share, VS.. $45.22 December 81,
1880.
STANDARD OH Of California common
share earnings, six months to June 30
AZ cents VS. 81 S.
Wabasso Cotton Co, Ltd, net income
year ended June 80, $29,ii3, equal tc
~ cents common share, VS.. deficit
$2e.470 in 1890.
Waigreen Co. July sales UP 1913 pei
cent; seven months. up s per cent;
number Of stores in operation July 81
453. VS. 40.
Blue Ridge Corporation liqaidatinl
value June 30. 1881. $4.I8 coHnrnor
share after allowing for preferenci
stock At SIS share VS. $4.57, Decembel
81. 1890. on same basis
Calumet a Arizona Mining common
share earnings before depletion, sil
months % june 30, Is cents W.. 4i.ee.
Central States Electric Corporation
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-06
BY CARLTON A. sHIvELY.

Special Dispatch to The Star.
NEW YORK, August 6.--Monkeying
with monetary laws and regulations al
ways is q delicate business The basis
of banking and credit is confidence.
Mexico is finding that out.
With the establishment of the Federal
Reserve banking system, this country
has considered itself immune to finan-
cial panics. Yet bank runs have been
common occurrence In the past two
years. It Is small wonder that one
country after another with impaired
economic strength and shaky imam
cial system has experienced nation wide
disturbances involving bank runs. Spain,
Austria, Hungary, Germany, numerous
South American countries and now
Mexico, have gone or are going through
these experiences.
Public Fear.
Measures sound enough in them
selves and designed to strengthen q
country's financial position often have
the disadvantage of calling the atten-
ton of the public to the parloi1s
state Of affairs, when otherwise .
crisis might have been avoided. 1t is
now generally recognized talt the Ger
man bank runs and credit collapse were
due directly to the broadcasting by the
government of the country's alleged
inability to meet preparations payments.
In a similar way the new monetary
laws in Mexico, passed q little over a
week ago and known as the Gales plan,
have touched of q blaze, which Is hav-
ing serious consequences In closing one
large bank, requiring the government
to come to the assistance of another
and bringing up the question of with
drawals Of all foreign banks from the
Mexican field
Little official information on the new
laws has been received here. In sub
stance they provide for the elimination
of the gold peso as a monetary unit.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-06
New York Cotton

Special Dispatch to The Star.
NEW YORK, August 6.-After hold
ing q slight gain for several hours to-
day, the cotton market again made new
low records for the eighth consecutive
session. when October contracts broke
below the Scent figure.
Short covering in advance Of Satur-
days Government report absorbed con-
tracts, but Europe sold steadily through
out the day and the list closed with
a loss Of to points, the lowest clos
ing of the year and the lowest since
February, 1915. New low records for
all time were made in the grain and
rubber markets. Spots were reduced
points to 795.
Cotton range.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-06
REMEDIES FOR FINANCIAL ILLS
HAVE AROUSED FEAR OF PUBLIC
Recent Bank Runs Attributed to Alarm
Among Depositors Over Proposed
Changes IN Monetary Systems.

All obligations are repayable in silver,
even though contracted for in gold.
Banks are required to pay out only 80
per cent gold and the remaining 20 per
cent in silver on deposit accounts, but
the depositor may pay 100 per cent of
his obligations in silver Foreign cur
rency loans payable In Mexican cur
rency also are payable only in silver.
The Mexican silver peso is worth
about half as much as gold peso. In
effect, therefore, the new laws amount
TO Mexican debt payments at SO cents
on the dollar. They also are tantamount
to reputation OF contracts and debts,
in So far as they apply to foreign gold
loans and to debts of ali kinds con-
tracted on the basis Of gold payments.
Mexican debtors will, of course, profit
from this arrangement, particularly
those heavily interested In mercantile
pursuits who owe for or have imported
quantities Of goods.
sharp Price Reduction.
Virtually all American goods sent to
Mexico for sale by agents there or sold
TO Mexican importers always have been
sold on a gold basis and their prices are
fixed for the Mexican buyer or con-
sumner in terms Of gold. They are now
payable In silver. which means q sharp
reduction In price to the American
seller against his viii. Amer. an bus
mess interests, it is understood, have
made strong protests, but so far without
avail.
Only one American bank, the National
City Bank, has branch in Mexico, but
several others do business through
agents there. For the time being these
banks intend to 60 ahead, but they
have not yet decided on future action
Among other foreign banks operating
IN Mexico, principally in Mexico City,
are the Bank of Montreal, the Canadian
Bank OF Commerce, the Anglo-South
American Bank, the Banco Germanico
de la America Del Sud, and the Credito
Espanol, which closed Monday.
(lpnyright 1lal
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-06
MONEY MARKET.

NEW YORK, August Up. Cail
money held at / n per cent, the re-
newal rate, In the ofieial money mar
ket today, but the outside market was
easier. with funds available at l per
cent, against / u per cent yesterday.
Bankers acceptances were. more &C.
tive, with several large blocks OF bflls
offered to dealers, making Il possible
to NIL some of the demand. Asking
rates were unchanged Time money
was unchanged and commercial paper
was quiet and unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-06
Markets at a Glance

NEW YORK, August (RJ.-Stocks
heavy; New York Central says to lowest
price in 10 years. Bonds heavy; rails reach
new lows. Curb heavy; Cities Service
touches new low. Foreign exchanges IT,
regular; sterling RECEIVERS. Cotton bare
~ steady; favorable weather. Sugar
steady; trade support. Coffee lower;
Brazilian selling.
CHICAGO. August 8 (R.-Wheat
easy; weak foreign market, large Rus
sisn shipments. Corn easy; weak cash
markets, bearish Kansas estimate. Cat
higher.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-06
BALrrMoRE srocxs.

Special Dispatch to The Star.
BALTIMORE, August g.
Sales. STOCKS Last nAle.
Arundel Corporation ........... 3eN
IS Baltimore Trust Co.........s 40
13C. & p. Telephone, Baltic pfd 1ie
a. Consolidated Gas com ...,..... 30
i Emerson Bromo-seltser A com. ~
IS First National Bank .,...... 40lz
s Manufacturers Fin. co. pfd... If
III Maryland Casualty Co. ........ less
1855 New Amsterdam Cas-. Co.,. 251S
10 United Railway @ Electric ...... .
1860 q. s. Fidelity Guaranty .... i6%
BONDS
1000 United Rwy. Elec. LIST As. e
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-06

SILVER QUOTATIONS.
NEW YORK. August 6 tp.-Bar sil-
yer. u lower at 271s.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-06
CONTINUED IRON Pare IL,

stock and Sales Prev
Dividend Rate Add 90. High Low. Close Close.
ROYAL Dtch(m2 27s9l / 26h 25k 26h 25N
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-06
Washington Stock Exchange

SALES.
Potomac Electric 5i2% pfd.-10 at
11134.
Mergenthaler Linotype at TIA.
AFTER CALL.
Capital Traction Colo at 40A.
Bid and Asked Prices.
BONDS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-06
NEW YORK STOCK EXCHANGE.
asshsa BY The s.r
atnnk ana

Direct 10 The star omse.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-06
STOCKS.
PUBLIC UTILITY
TRUST COMPANY.

Amer. Sec & Tr Co. (l5). 500. 3i5 325
p Nstf saw. TT r. issi.. sso liz liz
Prince Georses Bk. TT. t0.. ,22s 80
Wash. Loan & trust iiij -. 100 z4O
Evening star., 1931-12-13
Kodak Aktieselsz alb.

Miss Peggy Salaman. Lon
don debutant, poses in her fly
ing garb after breaking the
time record in flight from
London to Cape Town.
9 Wide World Photos,
Evening star., 1931-12-13

Just a hatful. Her majesty
Escott Fairy Queen is held up
TO the camera in somebody's
derby after winning first prize
in the Pomeranian champion
ship show at London.
g Underwood g. Underwood
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-02-27
Professor to
Speak Before
French Group

Professor Ernest j. Leveque, as
sistant professor of romance Ian
guages at Indiana university, will
address the Alliance Franchise
Tuesday night on Paul Marie Ver-
laine, French poet of the nineteenth
century, at a meeting at 8 at the
Sphinx Arms.
Professor Leveque is a native of
Anliens, France, and served three
years in the French army. He left
France in 1910 and spent eight
years farming in Saskatchewan,
Canada. In 1919 he came to the
United States and entered the uni
versity of Chicago, where he re-
ceived the degree Of Phi. B. and M.
A. He has been at Indiana uni
versity since 1928, and has taught
classes in French in the Indiana
university extension school III Indi-
annapolis for several years.
Any one interested in the French
language is invited to attend.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-02-27
Founding of
W. 6. 7. Z. to
Be Observed

Celebration Of the flfty-seventh
anniversary Of Central w. C. T. o..
viii be held all day Tuesday in the
Roberts Park Methodist Episcopal
church parlors.
The union, the first organized in
Indiana after the Hillsboro, O., cru
SADIE, was organized at Roberts Park
church March 3, 1874.
Many influential and prominent
citizens were founders of the or
| ganization. Among those actively
interested were:
Mesdames J. B. Harvey. mother OF Mrs.
Linton Cox. and first president Of the
union: Mary Z. Balch, Julietta R. Wood,
Hanah T. Hadley. William Holiday, W.
W. wheatley. A. s. Bartlett, J. H. Bayles,
Elizabeth jenkins, T. J. Sharp, NJ. M
Finch. D. z. schaf, s. P. Morrison, D. NJ
Noe. Harry Smith, John Buchanan, w.
Patterson, Onler Tousey. Ralph Tousey,
| Cordelia Beyheimer, w. c. Smock, B. T.
Witt, zerelda Wallace. grandmother Of
the late Judge j. NJ. feathers; Isreal
Taylor, Charles W. Stage, NJ. r. Coburn,
w. H Mclaughlin, Lucretius Sexton,
Rachel Carpenter, A. L. Wright, Anna VIII
liams, Mary Morris, Henry Tutewiler,
Rachel Pray Benedict, o. N. Cornelius,
Carrie Evans, Robert Kelly, A. 3. Furger-
son. Hattie Adams. Sarah j. Smith.
Misses Sybil Pray. Lola Reed, Mary Hay,
Jane Trueblood and Anetta Hoyt.
From the beginning, many men
we're interested in the support of
the movement. A few of them were:
The Rev J. H Bayles. BENJAMIN Har-
rison. General Lew Wallace. Judge Byron
K Elliott, Colonel Eli Ritter Colonel John
w. Ray w. S. Hubbard grandfather of
Mrs. Boyd Gillespie. who gave the first
thousand dollars to help establish the
work: Nathaniel Carpeter. Isreal Taylor. j.
T. Dunn. the Rev. F. C. Holiday. Dr.. w.
R. Hawk Robert Denny. Arthur D. Wright
Major j. w. Gordon. the Rev. J. L. Bailey
E. J. Rowland. George Powell c. P. Jacobs
Isreal Hoagland and ]. S. Leeds.
The call sent out by this union
for the state will be read from the
original minutes by Mrs. William
Paulsel, secretary, during the morn
ing session.
Birthday greetings will be ex-
tended by Mrs. Felix T. McWhirter.
Department directors will give re-
ports. Mrs. L. E. Schultz will have
charge of a musical program to be
given by Mrs. Charles A. Breeze,
vocalist, accompanied by Mrs. John
Sink.
A memorial for members who died
during the last year will be held at
noon under the direction of Mrs.
Burton Shields.
The Rev. j. G. Moore and Mrs.
Curtis Hodges will be luncheon
speakers.
In the afternoon the Rev. F. A.
Hayward will speak. Robert Hal
tiers, tenor, will sing.
A photograph of the state w. c..
T. U. convention in Tonlinson hall
in 1882, and a poster circulated by
enemies Of temperance in January,
1874, during the Canton, O., crusade,
will be displayed.
Mrs. William Lewis is chairman
of decorations, Mrs. w. G. Evans.
membership. and Mrs. E. E. Mitt-
man, courtesy. Women of the church
will serve the luncheon. Reserva-
tiors may be made with Mrs. Ed
johnson, Mrs. Harry Knowles, Mrs.
James Burk or Mrs. Bertha Swern.
Mrs. w. w. Reedy, president, will
| preside.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-02-27
DRESS OF FLAT CREPE SILK

DRESS OF FLAT CREPE SILK
Take today's style-it will be pop
ular through the entire spring and
summer season.
1t IS light navy blue fiat crepe
silk. Cute decorative pieces of SELF
fabric adorn the sleeves and finish
the neck. They are carried down
the bodice in diagonal line to de-
tract from its breadth.
The skirt has an inset at the
front with inverted plaits at either
side. 1t is stitched down in place
to depth well below the hips SC
as to assure slenderness.
Style No. 100 may be had in sizes
Is, 10, 20 years, So, 3S, 20 and 4
inches bust.
Printed crepe silk, wool Jersey
tweeds, creepy woolens, Shantung
linen and novelty cottons are also
suitable for this jaunty model.
Order a copy of our new Fashion
Magazine. Attractive styles fol-
women. misses, and children. And
instructive lessons in sewing.
Price of BOOK 10 cents.
Price OF PATTERN Is cents II
stamps or coin (cpin Is preferreD
Wrap coin carefully.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-02-27
CASE OF MOTHERS
URGED BY CLUBS

Woman's clubs throughout the
country are to join in an appeal on
Mothers day, May 10. to obtain
adequate maternity care for mothers
in the United States, according to
a letter received by Mrs. John
Sloane, president of the Maternity
Welfare Association, from Mrs.
Sadie Orr Dunbar, chairman of the
department of public welfare of the
General Federation of Women's
Clubs. ~.
1--WE endorse the Maternity Center
Associations new Observance of
Mothers day." state Mrs. Dunbar,
"and suggest that everywhere pos
sible special programs and other
activities be promoted by our club
members"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-02-27
1896 Glass
Is to Meet
for Reunion

Members Of the class Of 1896 OF
Manual Training high school viii
hold a reunion tonight at the home
Of Mr.. and Mrs. Ray D. Barnes
1895 Washington boulevard. Thirty
six members of the original class
Of more than 100 viii be present.
The program will include two
groups Of songs by Lewis Schwerin.
accompanied by Mrs. Schwerin; a
playlet given by the mosque of the
Third Christian church, with the
following taking part: Mr.. and
Mrs. Kenneth Lennon, Mr.. and Mrs.
Herald Krays and Miss Maxine Nc
Kay, and readings by Miss Mckay.
Letters from class members resid-
ing in California and New York,
and others unable to attend the re-
union will be read. Each Of those
present will tell Of the outstanding
event in his life during the past
year.
The home will be decorated, and
appointments will be carried out in
the class colors, lavender and pur-
pie, adorned with the class flower.
the violet.
This is the third reunion held by
the class. The next, for which the
time has not been set. will be held
at the home Of Robert Smith.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-02-27
Miss Blake TO
Be Hostess at
Chapter Tea

Members of Alpha chapter, Theta
Sigma Delta sorority, will entertain
with a silver tea from 2:30 to 4:S0
Sunday afternoon at the home of
Miss Bessie Blake, 2S6 North Tenn
pie avenue. Representatives Of
twenty other sororities in Indianap-
oils will be guests.
Entertainment will consist of
musical program, to be presented by
Misses Sylvia Huffman, Peggy Gran.
and Ruth Morrison. Appointments
will be in the sorority colors, orchid
and old rose.
Formal initiation services will be
held for Miss Gran Monday night
at the home of Miss Louise Kares.
TOT North DeQuincy Miss Gran
will be presented with bracelet.
bearing the sorority emblem. A
short business session will follow.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-02-27
SCHOOL ARRANGES
HEALTH PROGRAM

DR.. r. G. Reese is in charge Of a
child health program to be given at
Cumberland school at 7:45 Tuesday,
sponsored by the Cumberland
Parent Teacher Association.
According to tentative arrange
lnents, DR.. T. B. Rice and R. Russell
Hippensteel will be speakers.
Children of the school will display
some health work done during year,
and participate in health exercises.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-02-27

Indiana Council of International
Relations, was speaker.
DR.. Edwards discussed the world
court, declaring it was President
Hoover'S duty to call a special ses-
sion of the senate to consider the
entrance of the United States. He
explained operations of the court.
The forum hour was in charge of
Mrs. Marie M. Bowen, a member
Of the 1880 good will tour, who
spoke on the organization Of the
international federation.
A public relations meeting will be
held March IL, when members of
other organized women's clubs will
be guests. Mrs. Geline Bowman,
Richmond, Va, first vice-president
Of the National Federation of Bust
ness and Professional Women's
Clubs will be speaker.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-02-27
Just
Every
Day
Sense

H Isle MCCORMICK in the New
IL York World says she believes
that almost any woman of sagac-
ity would prefer an unfaithful
husband who was generous and
kind to one who mixed his fidelity
with moodineSs and i'll temper.
Now, a sagacious woman I'M
doubtedly would. The trouble is
that, when it's a question of I'M
faithfulness, wives are likely to be
swayed by emotion rather than
sagacity.
And at that, it's not such a fiat
tering thing when wife views a
husbands escapades with calm
ness. Because that could only
be the result of indifference to
his charms on her part.
Have you ever considered that
it has become the common thing
to assume that wives should over
look unfaithfulness? The reason
for this attitude is that marriage
SO long has been regarded as an
economic arrangement for the
woman. In that way, it follows
that if a man supports you, you'd
best put up with anything and
be grateful.
= =
IT'S time to discard such a
i theory. Good-tempered or bad
tempered, a man owes fidelity to
his wife if he expects it from her.
Most men believe that because
they support wife she should be
eternally thankful for food and
raiment. They claim to resent her
side-stepping because, as one once
explained to me, "the husband
buys her clothes and feeds her
and when she uses his money to
make herself lovely for another
man, she is cheating on him"
Now, perhaps, his argument
would be good if men got all their
outside loving for nothing. This
is not the case, however. Men pay
for their loves with other women
in cold, hard cash. And often
they pay with money that the
wife has helped to earn or saved
by economizing and hard work.
An honest business man doesn't
use the firm funds for batting the
ladies. Neither does an honest
husband. But then, the male sense
OF justice and honor is warped
completely when it comes to the
question Of marital fidelity. I'll
hear from this.).
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-02-27
Keep Seams Pressed

!
After boys start to school it grows
more difficult to make clothes for
them. But you can do wonders with
fathers things, if you learn how to
tailor, and one of the secrets of
tailoring is to keep pressing seams
as you sew them, to get that trim
look.
do not advise you to try to make
a coat and trousers suit from
fathers old suits. Make the trou-
sers, yes, for they are easy and a
saving to suits. Especially in spring
time; for straight, short trousers are
quite as stylish as knickers and
much dressier.
But do not try to make coat
from fathers, unless you are good
tailor. The pockets and the many
seams keep getting into your way.
Content yourself with making
fathers shirts over into little
blouses.
This is the combination most
children wear to school anyhow,
with sweater or lumberjack for
warmth until spring really comes.
Boys Dislike kidding
Little boys are extremely sensi-
tive after the second grade or so
in school. If they are "kidded'
about home made clothes, it sears
their souls. Be careful not to use
any material for their things that
seems too adult or too noisy.
The ways of making clothes
over for little girls are legion.
From last years cotton and other
washable dresses of mother or
older sister, cute little school and
dress-up frocks for wee girls can
be fashioned.
With one good pattern, an in
genious mother can contrast at least
a half dozen different frocks. Diff
ferent little cape collars and cuffs,
other collars, berthaS and so on
make two costumes look entirely
different.
Yokes are the hardest part OF
little girls costumes. Get the
SOkSS W III properly anu whether
the lower part of the frocks is
pleated. shirred, gathered or semi
fitted and belted, it is ten times
easier to manage If the yoke is a
success.
I One dress of mothers can make
a whole frock for little Mary and
perhaps a jumper frock also to wear
with diminutive guimpes. Do not
make over drab clothes, for chill
dren should have gay things. They
affect their spirits.
If you have a little figured wolfe
or an indestructible chiffon dress
with sprigs of flowers, you can make
a sweet little party frock for 2 tc
6-year-old girl.
Pulled sleeves can be made from
the waist of your frock, and the rest
of the dress from your skirt. A
couple of ruffiss OF the material are
a cute way to finish it, or rufdes OF
plain material like the background
Of the print.
The bertha collar Is a grand way
to eliminate sleeves and is an ideal