davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-11
TRADE MORTALITY
FIGURES COMPILED

The Department of Justice has an
nounced that r. G.. Dun g. Co., which
is cooperating with the department In
furnishing statistics for use in the gen.
eral bankruptcy investigation being con-
Quoted by the department. has submit
ted data on commercial failures for the
months of March and April, 1881, sub
divided so as to show the number of
cases and liabilities and assets handled
through bankruptcy through State and
Federal court receiverships, through as
sgnments for the benefit of creditors
and through miscellaneous means.
This completes the analysis suggested
by the department in order that the
relative Importance of bankruptcy ad-
ministration and other types of insolv-
ency liquidation might be ascertained.
During the four-month period, jan
uary /, 1891, to April 80, 1881, covered
by the Dun reports 10 the department.
l0.942 commercial failures were reported
with liabilities of S266.455.72 and esti-
mated assets of 1853, 100000. Seven
thousand one hundred and ninety-one
cases, with liabilities of Sl54346. $50 and
assets Of &Sl, 437.254, weer handled by
the bankruptcy courts. The bankruptcy
cases as reported thus comprised about
SIS per cent of the total number of COM
mercial failures reported. with about So
per cent OF Jl1S tOLdl lldDlllJleS ana dDOut
so per cent of the total estimated
assets
There were 74o receiverships for the
four-morith period. with liabilities Of
s68.339.3l5. and estimated assets of S55.-
557.415. One thousand seven hundred
and forty-Seven general assignments for
tn benefit of creditors were reported,
with estimated assets of Slo.103,564 and
liabilities of S15e20.l0 One thousand
two hundred and sixty-four failures,
with liabilities of s24.S49.347 and esti-
mated assets of sl6.401.7 1877. were report
ed handled through miscellaneous
means. such as sales under execution,
voluntary corporate dissoutions. etc.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-11

A 50-foot whale caught on Eewfound-
land is being exhibited 81 the Marine
Gardens, Pprtobello, Scotland.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-11
BANK CASH ITEMS
DROP $225,58O,OOO
U. S. Bond Holdings of Leading
New York City Institutions
Gain $3s2.0o0,o00.
Special Dispatch 10 The star.

NEW YORK. July 1.-THE aggre-
gate cash items of II Of the leading
New York City banks declined s225.-
$4,000 since the end Of the year, and
the aggregate holdings Of United
States Government bonds increased
$685.. 900 900 in the same period. while
since June. 1880 holdings of Govern
ment securities by these banks In
creased nearly 100000 00n. according
to an analysis made by New York De-,
positor Corporation. Semi annual
statements Of these IL leading banks,
the analysis continues. indicated COM
bined holding of United States securiI
ties amounting to s1.324.775.0o0 and
combined cash items of S2,l88.355 900
on June 30, making total cash and
Government bonds $3,5l3.130000
equivalent To nearly so per cent of
combined gross deposits Of s7l73,-
$4,000.
This indicates the continuance Of q
marked condition of strength and
liuuidity probably unparalleled in the
president of New York Deposition Cor
poration. declared. The second-quar-
ter statements reveal that the manage
ments Of the banks possibly at the
suggestion of the clearing house, have
taken advantage OF the over dictated
condition of the bank stock market to
set aside ample reserves 10 care for
actual and potential charge-offs and
any further te-downs in investment
portfolios which may prove necessary.
It is no exaggeration to say that the
big New York banks have generously
provided for every conceivable contin-
gency. and although these transfers
from profits to special reserves have,
In some instances slightly reduced book
value from that of a year ago, this
loss is more apparent than real because
a large part of these contingency re-
serves will never be employed and will
later be retransferred 10 undivided
profits, but. in addition. of the actual
charge-offs for bad or doubtful debts,
and reduction in investment portfolios,
there are certain to be substantial re-
coveries when business and market
conditions return to normal.
Notwithstanding these emergency
measures the leading banks In the
great ma jority of instances more than
earned their dividend IN the first six
months Of 1881. and in the case of IL
banks the decline in book value since
year ago averaged only % per cent
as compared with a drop OF nearly 40
per cent in bank stock prices. At the
close of the half-year period the re-
serves OF these IL banks aggregated
over $40, 600. 900, equivalent to approx
mately SO per cent of combined book
value of Sl,442,399, 900. The fine con-
dition of New York City banks after a
year Of great business stress. and the
small proportionate losses which had to
be written of at the tan-end of the
most prolonged bear market in history
are good testimony to the conservatism
and ability OF the arrangements of
these leading New York banks and trust
companies "
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-11
AIRMAIL BOOSTS
AIRCRAFT EARNINGS
Growth in Poundage Called
Brightest Factor in Status
Of Industry.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, July 1.-THE bright
est factor In the present aircraft situa-
ton is the favorable trend of air mail
volume, says the Standard Statistics
Co, In survey of the industry which
continues in part:
In the first four months of 1881. to-
tai poundage of mail carried increased
10 per cent over that of the correspond
ing 1880 period, as compared with a
decline of per cent in the volume
transported by the railroads. Mileage
flown by mail planes In the first quar-
ter of this year also gained 54 per
cent. the increase partially rejecting
the addition of another route Under
the combined influence of larger mile
age and poundage. lower rates estab-
lished by the Watres act in May, 1880
payments to operator in April last,
amounted to but ~ cents a mile. as
against 80 cents mile in April. 1880
were more than offset. aggregate reve-
nue. paid to carriers increasing about
25 per cent.
Comparatively few operators have
been able to expand income to the
same extent as the recent increase In
gross revenue; in fact. only the former
passenger lines WATCH have received
mail contracts have managed to in
crease earnings. Larger costs involved
In carrying passengers. as well as
mail, in conformity with provisions of
the Watres act, actually have caused
appreciate reductions in income.
THE air mail division. broadly con-
sidered, however, will prove the most
profitable branch of the trade during
the present year. Unfortunately. few
companies share in this business as
the four major transport systems to-
gether account for about SO per cent
of all air mail mileage flown.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-11
CHICAGO LIVE STOCK MARKET

CHICAGO, July II (R CU. S. De-
partment of Agriculture Cattle. 500:
compared week ago medium weight and
weighty fed steers losing early advance:
25aS0 lower; yearlings and light steers.
so higher: light heifer and mixed
yearlings. mostly 50a75 up; butcher
heifers. largely 90 higher. instances
much more on light grassy kinds: fat
cows, 50a75 up; low cutters and cutters
and bulls. 25a50 higher, and veaIers,
2.50a3.00 higher: extreme top light and
long yearling steers. 8.65; best heavies.
$50; practical top heavies, S25; heifer
yearlings, $50; numerous loads. 1900
1000 pound steers. 6.5Oa7 90; too MANY
heavies In run; she stock scarce; most
native grass steers, 550a6.25 to killers:
4.50a5.50 to feeder dealers.
Sheep-Receipts. 500 head: market
nominal, for week. 131 doubles from
feeding stations, $500 direct; compared
week ago, fat lambs. 25a50 higher:
sheep. mostly Soa7s higher; killers out.
bid the country for thin range lambs
late to get numbers; closing bulk. good
and choice native eve and wsther
lambs, 7.S0a7.75 few 1856: choice
rangers. 500. the weeks top: native
bucks, 6.50a6.7S: throwouts, 4,00a5 90:
range throwouts, 5D0a5.5e; fed year.
lings, 5.00a6.s0; native fat ewes. 2.0Oa
1926; best, $50; few range feeding
lambs earlier in week. 500a525.
Hogs, 5000, including 1900 direct;
steady to 10 lower; heayies off most;
packing sows. 10a25 lower; bulk, TO-
220 pounds. 7.50a7 go: top, 765; 230-
200 pounds. 640a7.40; packing sows,
4.5Oa5.25; compared week ago the mar
ket generally 1925 higher; shippers
took 1900; estimated holdovers 5000;
light lights, good and choice, 140-16
pounds, 7.25a7.60; light weights, i6o-
200 pounds, 7.40a7.65; medium weights,
200-250 pounds, 7.15a765 heavy
weights, 250-350 pounds, 5.75a7.30;
packing sows medium and good, 275-
500 pounds. 4.50a5 .65: pigs, good and
choice. 10O-130 pounds. G.5Oa7.25.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-11
SOVIET TEXTILE SALES
INCREASED IN CHINA

By the Associated Press.
Trade advices received by the Com
merce Department from Julean Arnold.
commercial attache at Shanghai. said
Soviet Russia was reported to be offer
ing effective competition to British and
japanese cotton prints on the Chinese
textile market.
Japan Is maintaining its hold on the
business in coarse gray goods and Great
Britain in fancy and quality lines the
department said the reports indicated.
IT. added:
"A Soviet wholesale establishment,
opened in Mukden. Manchuria, during
June is displaying variety of articles,
including piece goods. The Soviet had
previously established retail stores, both
In Mukden and Hardin.
The Shanghai piece goods trade Is
reported to be on a healthier and
sounder basis as a result OF reorganiza-
ton. Following numerous failures at
tribuled 10 adverse business conditions
the trade has been concentrated in the
hands OF fewer firms who are working
In closer cooperation. although COM
petition remains keen"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-11
STOCKS ARE lower
ON LIGHT VOLUME
Uncertainties in Foreign Sit
aution Cause Traders to
Hold Cautions Course.
BY GEORGE T. HUGHES.

Special Dispatch 10 The Star.
NEW YORK, July ll-Unsettled by
the foreign news today's week end stock
market ranged lower on scattered SELL
ing for both accounts. Volume was light
on the reaction.
The London and Paris markets were
closed. but Berlin prices were sharply
lower on heavy selling. The cables also
reported further heavy Withdrawals OF
foreign exchange from the Reichsbank,
and uncertainty as to the result of the
German appeal for an international
credit continued President Hoover's
admonition to the short sellers in the
grain markets served to recall to Wall
Streets attention the critical situation
relative to wheat. and that did the
stock market no good, although wheat
was somewhat higher in Chicago.
During the first hour United States
Steel was forced down under the 96
mark, where It WAS off more than 3
points from Fridays high. At this level,
however. support was encountered.
There is still a respectable contingent
in the street of the opinion that there
will be no cut in the Steel dividend at
the meeting two weeks hence. Amer
lean Can, General Motors. General
Electric and the other so-called pivotal
industrials were down from fractions
to a point or two.
The rails lost ground with the In
dustrials. Union Pacific was of at
one time more than points and Atchi-
son and New York Central were down
2 points. Notwithstanding this show
of weakness the bear faction RETAINED
from pressing an attack. perhaps be-
cause Of the disfsvor with which short
selling s regarded nowadays in high
quarters. but more probably because
they did not care to have commit
ments for the decline outstanding over
the week end. when any hour might
bring news that the German problem
had been solved.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-11

Prevailing Interest and eopmissien.
Joseph ]. Weller .as ", 81 T. NV nm.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-11

l. JOHN D. HOWARD. president Of the
above named bank. do solemnly swear that
the above statement is true to the best Of
JOHN HOWARD. President.
Subscribed and sworn to before me this
10th day of July, 1891.
tSeal) H. P. HOWARD.
Notary Public.
Correct--Attest:
w. ELMER BACON.
JOHN r. WRIGHT.
MICHAEL OHANLON.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-11
DOLLAR SALES SLUMP:
TONNAGE TAKES GAIN
Atlantic & Pacific Reports for
June and for March to
July Period.


NEW YORK. July 1i.-Dollar sales
of the Great Atlantic e. Pacific Tea
Co. for the four weeks ended June Ct
declined 2.5 per cent. but tonnage sales
for the period showed an increase of
l58 per cent over figures for the like
period Of 1880.
Dollar sales for the period this year
amounted 10 s80,850.700, against ss2.-
92l.19l last year Tonnage sales were
asa, 268, against 392,oe9 for the 1880
period.
Sales for the period from the begin
ming Of the fiscal year. March /, to
June 81, aggregated 1881 SIS, SOP, a de-
crease of l.6 per cent from 357,707 ESQ
tor the corresponding period of 1890,
Tonnage sales for the period this year
amounted to 1907 1872, and increase Of
IA per cent over l,672,o5o reported for
last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-11

pveepd rates given in the above tsss are ~ declsrans
last rgy extra sFlps i s.gs in ra ock PassS
stock Plus Plus az IN oeR "a Iris yssT
regular Plus stock
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-11
LESS GLOOM EXPECTED
IN COMING MONTHS
Special Dispatch to The Star.

NEW YORK, July 1l.-Progress can
Hardly be other than slow and tedious
az the solution of each nations individ-
ual domestic problems is being inde-
pendently worked out, Edward B. Smith
g. Co. say in discussion of the inter-
governmental debt settlement in the
current issue of Outlook for Equities.
In this country it may perhaps be nee
essary to pass through another period
of general uncertainty before the up
ward course will be reasonably clear.
but barring some unfavorable. unfore-
seen and unpredictable major economic
development , We cannot visualize an
early return to the depressed psychology
of a month ago"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-11
BALANCE OF YEAR
TO SEE ADVANCES
Special Dispatch to The Star.

Special Dispatch to The Star.
BOSTON, July 1.-THE energetic
steps which have been taken to halt
the business decline, says the United
Business Service, should soon prove
to be fitting forces which will
speed recovery. These forces are the
debt moratoriums agreement, cost-re-
ducing measures and the lowering Of
money rates. The actual volume of
business has not yet shown any up
turn. but the opinion of all authorities
Is that there will be progressive i'm
provement over the balance of the
year.
The United States Business Their
n1ometer records business this week at
26.3 per cent below normal slightly
lower than the index for June, which
was 275 per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-11

I. ". l. KooWTz, Cashier of N. above
named bank, DO solemnly swear that the
2 enove statement y true TO the best OF my
W. L ROoNTZ, Cashier
Subscl ibed and sworn 70 before me TINS
18th day Of July. 1881
tSealJ WALTER T HARTMAN.
Notary Public.
Correct-Attest.
MAURICE oTTEFRACK,
J FRANK CAMPBELL,
GEORGE &. KING,
Directors
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-11
Reserve District No. s.
ANACOSTIA BANK
Of Anacostia, in the District Of Columbia, at
the close Of business on June So 1881.

Or Anacostla, IN the District Of Columbia, at
the close of business on June So 1881.
RFSOURCE5
Loans and discounts ........ s1,223. s23 az
z OVerdraNs -......--.-. 72i II
J. United States Government Sc
curities owned ,'...,-:.t- 2s.soo 90
4. Other bonds, stocks and Sc
. : curltles owned .......... 165,lei %
.. Banking house, s951f75e;
furniture and fixtures. ss,-
7. Real estate owned other than
banking house ........... 3e.42s7l
9. Cash and due from banks 1e4,s7l SO
10. Outside checks and other cash
items ..................... 4ssis
Total .sI,7s2,soi. as
LIABILITIES
Is. CAPITAL stock paid in ....... $50. 900 %
Is surplus ....-....,........ 100, coo 90
u. Undivided profts-net - 3i,63s 81
81. Due TO banks, including certi-
ned and cashiers checks
outstanding .....,.. s.59e a.
% Demand deposits ....... 5l1ess 40
%. Time deposits minimum. f,ois,4ie a
Total ..-............... a. 52. soi As
District Of Columbia, Sc
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-11

l1}s ost yellow Truck 80.
rs AZ yellow Truck pf. +.
rs 39la Yngstwn Sh&Tu(2)
Imperial Valley press., 1931-12-22
Asks Judgment On
Packing Contract
ByCowan

If he had been allowed to carry
out his packing contract with N.
Okamura and the FL Centro Pack
ing company, julie Wright would
have realized a profit of $500, he
said yesterday Afternoon in a suit
for that amount filed in superior
court.
Wright entered into a contract
with Okamura June 10 to pack
honey dew melons for the season.
according TO the complaint, at sew
en- cents a crate. On the crates
packed he made a profit of four
cents each. Wright was discharged
without reason June 25. the COM
plant said.
After his discharge, IL is charged
in the suit. Okamura packed 10000
crates of melons. If Wright had
been allowed to continue with his
contract he estimated his profit
would have been $500, and asked
judgment for that amount.
Imperial Valley press., 1931-12-22
NOTICE OF ANNUAL MEETING
OF STOCKHOLDERS OF
EDGAR BROS. COMPANY

Notice is hereby given that pur-
suant to the provisions of the by
laws, the regular annual meeting of
the stockholders of the above
named company will be held at the
office of the company in Ell Centre,
State of California, on Tuesday, the
10Th day of January, 1892, at the
hour of o'clock p. m. of said day.
At said meeting seven directors
will be elected to serve for the ensu-
ing year and until their successors
are duly elected.
The annual business statements
of the office will be received and
acted upon and such other business
as may properly come before the
stockholders meeting will be tran
sacted.
Dated at Ell Centro, this 18th day
of December, 1881.
EDGAR BROS, COMPANY,
By w. o. Hinderks, Sec'y.
Dec Is, % 29-Jan. 512
Imperial Valley press., 1931-12-22
NOTICE

NOTICE inviting sealed proposals
or bids for furnishing certain Cast
Iron Pipe to the City of Ell Centro.
Notice is hereby given that the
undersigned City Clerk of the City
of Ell Centro, California, invites and
will receive at his office in the City
Hall of the said City, up to the
hour of 7.30 o'clock p. M, on the
9th day of January, 1892, sealed
proposals or bids for furnishing the
City of Ell Centro with the follow
ing described pipe, to-wit:
Three Thousand 10000 feet of
four (4 inch Glass "B" Bell &
spigot cast iron Pipe in twelve
Q2) or sixteen (16) foot lengths,
or the equivalent thereof in other
types of cast iron pipe.
Bidders are requested to submit
bids on such pipe from Foundry or
from Coast Stock F.. o. B. Ell Gen.
tro, together with an estimate of
the time within which delivery can
be made in Ell Centro from Coast
Stock, or from Foundry.
All proposals or bids shall be ac-
companled by a check payable to
the City of Ell Centro, certified by
responsible Bank for an amount
which shall be not less than ten
Q0) per cent of the aggregate of
the proposal or by Bond in said
amount and SO payable, signed by
two 90 Sureties who shall justify
before any officer competent to ad-
minister an oath, in double said
amount over and above all statu-
tory exemptions.
The City Council of said City re-
serves the right to reject any or all
bids.
BY order of said City Council.
Dated this End day of December,
1881.
j. c. NEALE,
City Clerk of the City of Ell Centro,
California. 15t12
Imperial Valley press., 1931-12-22
POULTRY THIEVES
CAUSE DEPUTIES
WORK O. NIGHTS

Night work is becoming a habit
with Don Campbell and Lloyd
Castanion, deputy sheriffs, since so
many Imperial Valley ranchers
have been Yictimized in corn and
chicken thefts.
With Sunday nights fruitless
search for a corn thief near Sam
Robinson's ranch still fresh in
their minds, the officers last night
took up their station at a country
road intersection one mile west OF
the Alamorio crossing. Every auto,
mobile and truck which passed was
halted and subjected to a search
for chickens, since the mortality
rate among chickens of that neigh
borhood has been extremely high
of late
That is, every car but one was
stopped. In spite of the stop.
County Officers" sign in the cen-
ter of the road, one woman. driv-
ing alone in small coupe
crashed on through. AS she passed
it was apparent from the expression
on her face she believed a holdup
was in progress. Because of the
Woman's apparent fright the Off
GERS did not pursue her.
Among the nights grist was only
one load of chickens, and a re-
ported car load of liquor. The
chickens were in possession of
Mexican who said he bought them.
An investigation proved he was
telling the truth, and he was al
lowed to go on his way
One man, when stopped, VOL
unteered the information a large
car was parked down the road
little way with a load of liquor.
Campbell and a third party who
played the part of an interested
observer Immediately investigated.
observer Immediately investigated.
parked on the highway with an
empty gas tank. He was helped
on his way and Campbell returned
to the crossing to report no luck.
The evening was well along when
| one more Good Samaritan act
ended the festivities. One man in
a small coupe, apparently a sales
man, was going west on a course
that eventually would have taken
him to the sand dunes or the Colo
RADIO river, and laboring under the
delusion he was heading for Los
Angeles. The wanderer was given
the proper course, and went his
way leaving blessings behind.
Imperial Valley press., 1931-12-22
NOTICE OF TIME AND PLACE
APPOINTED FOR PROVING
WILL AND HEARING APPLI-
CATION FOR LETTERS TES-

TAMENTARY.
In the SUPERIOR Court of the State
of California, in and for the
County of Imperial, in the Mat
ter of the Estate of TAKAJI
SATO, Deceased.
NOTICE IS HEREBY GIVEN
that petition for the probate of
the will of Takaji Sato, deceased,
and for the issuance to Raj Sato of
letters testamentary, has been filed
in this Court, and that Friday, the
9Th day of January, 1882, at Two
O'Clock, P. M, of said day, at the
Courtroom of said Court, at the
Court House, in the City of Ell Cen
tro. County of Imperial, State of
California, has been set for the
hearing of said petition, when and
where any person interested may
appear and contest the same, and
show cause, if any they have, why
said petition should not be granted.
Dated December 14th, 1881.
EDWARD H. LAW,
Clerk.
BY c. w. HINDERKS,
Deputy Clerk.
GLASSFORD 81 SMITH,
Attorneys for Petitioner. l6tl0
Imperial Valley press., 1931-12-22
Night School To
Hold Sessions

While the majority of the night
school classes finished their work
last Thursday and will not meet
again until the first week in jan
uary, few of the classes will hold
their last session for this year to-
night in the high school.
Those classes which will meet
tonight are the ones conducted by
Mrs. Grace Williams, Mrs. Ethel
Parent, Miss Eyalena Moore and
Miss Alice Fakes.
Imperial Valley press., 1931-12-22
BENSON'S POULTRY
YARD
Exchange
TO OPPOSE McFADDEN

HARRISBURG. Pa. Dec. %. U.Pl
Mrs. Cornelia Bryce Pinchot, wife
of the governor of Pennsylvania
today announced she would be
candidate for congress from the
fifteenth congressional district, op-
posing Representative Louis Nc
Fadden, Republican incumbent,
who recently opposed President
Hoovers debt moratorium program
in congress.
Imperial Valley press., 1931-12-22
Miscellaneous For Sale

FOR SALE Wood, dry eucalyp-
tus, stove and fireplace, $3.50 per
i cord on ground; $3.50 delivered.
One mile north of Highway Date
Ranch or Box 279, Rt 2. A. Pc
terSon. 22t5
Imperial Valley press., 1931-12-22
Real Estate Bargains
Joe PaI00k0

FROSTLESS INLAND AREA =
ments for sale, cash or terms.
Earl c. Pound, 730 A ST., Braw-
ley. Phone 10. 8tu,s-lmo