davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
DUTCH WELCOME
OIL COST PROBE
West Indies Looking For
ward to Inquiry by U. S.
Tariff Commission.
BY the Associated Press.

BY the Associated Press.
CURACAO, Dutch West Indies, May
16.-The Netherlands West Indies are
looking forward with interest to the
forthcoming investigation Of the United
States Tariff Commission in regard TO
the production cost OF imports of for
eign oils into the United States.
The matter is of vital Importance to
these islands of Curacao and Aruba,
where oil exports are steadily declining.
Oil companies have been introducing
drastic economies In operations and
numbers Of employees have been dis
missed.
Has Decreased Steadily.
Some hope is held that conditions
may improve after the investigation of
the Tariff Commission. Interest in the
hearings is due to the fact that the
prosperity Of the Dutch West Indies as
well as Of Maracaibo, Venezuela. is
closely linked with the production and
export Of petroleum.
After the oil business had increased
in 1880, 1t began to slow down last Fall.
During the first months Of 1881 1t has
decreased steadily.
The total value Of the petroleum ex-
ports from the Netherlands West Indies
Curacao and Aruba) In 1880 amounted
to $40, 1000, 900, compared with approx
nately $l35. 100000 in 1929.
The quantity Of crude oil exported to
the United States from these islands
was approximately S,000.00o barrels last
year. an increase Of 5,5o0,o00 barrels
over the previous year.
This increase was principally due to
a technicality in the local customs
law, through which all exports from
Aruba in the year 1929 were consid-
cred as in transit from Venezuela. This
system was changed in 1880 and all oil
leaving the territory was considered as
exports.
The exports Of oil products 10 the
United States in 1880 amounted 70 a.
1000 barrels and in 1929 to 3o,000,-
600 barrels. OF total production in
Venezuela in 1929 of 137,47o,000 bar
relS. approximately $4,000 900 barrels
were exported 10 the Netherlands West
indies and from there re-exported
as crude oil or as refined oil products
to all parts of the world. OF this a
total OF about 32.5oO, 900 barrels went
to the United States.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
BIC FIRMS STRONG
IN CASH HOLDINGS
Many Corporations Have
Even Increased Funds
During Depression.

The ability Of most large industrial
crease their cash positions during a
business depression as serious as the
present one Is q unique experience in
the annals of American industry, says
the Standard Statistics Co. of New York
in current survey. The survey follows
in part:
This situation is, Of course, a carry
over from the unusually Favorable con-
ditions Of the past few years. as re-
suit of which sagaciouS management
capitalized the opportunity in many
cases to pay OF senior obligations and
bank loans and to increase their funds
through operations in the call-loan
market.
"Total cash, and equivalent Of $40 in
dustrial corporations for which COM
parable records are available for the
past four years, amounted, at the close
of 1890, to $l,739 900 900, an increase
Of per cent over the aggregate bal
ance sheet item Of December 81, 1929,
and las per cent over the condition
in 1927.
while this strong cash position is
concrete evidence Of relative financial
stability, its character is static. since
it bears little relation to current earning
power.
obviously, It would rebound much
more to the advantage of the companies
concerned If the cash item were con-
siderably smaller, assuming that its re-
duction could be offset by higher rate
Of current return on the capital invested
ins enterprise. In other words. this
cash is to a large extent unemployed,
and prospects for its profitable use
under present conditions are limited
by substantially the same conditions
which govern the volume Of demand for
merchandise. Under existing conditions,
however, these ample cash reserves form
a very necessary backlog for taking ad-
vantage of any possible recovery in
business during the current year"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
HEAVY STEER PRICES DECLINE
LOWEST LEVEL IN 90 YEARS
Warm Weather and Usual Seasonal Drop
Combine With Empty Purses to
Send Values Down.

cattle are bringing q premium OF about
so cents per 100 pounds over heavies in
a creeping advance which may be none
too stable.
Shippers and small killers continue
to be the life OF the hog market, with
big killers bearish throughout Receipts
showed q slight increase compared
with week ago, but both periods were
sharply under those OF a year ago.
Shipping orders were about 1000 head
heavier, while receipts on direct billing
were about 1900 lighter than last
week.
Big interests point to the generous
storage holdings and argue that with
conSumptive demand at present levels,
the supply Of live hogs must show an
appreciate decrease or prices must be
whitfield down to where these stored
products can be sold on a basis COM
parable to live costs.
Consistent Pork Demand.
Small killers and shippers, however.
continue to supply a rather consistent
consumptive demand for certain weights
Of fresh pork products which would in
dictate their intention to go along with
the trade on q price basis not far
either way from that now in effect
unless fresh supplies show too much
increase.
A heavy direct movement of South
western lambs unheld their traditional
habit of price-breaking at Chicago.
The smallest run of the season from
other sections proved Of little avail in
reversing the trend and except for a
momentary period of convalescence,
prices worked consistently lower to
finish mostly so to rs cents under q
week ago.
Current values bear little resemblance
to the recent high point. Shippers re-
Gently have carried limited orders and
with large packers drawing freely upon
other markets, the trade at Chicago
was lifelesS.
Meanwhile, interests there already
are looking for the start of this years
crop of Idahos, which will mean Just
that many more lambs to cope with In
the general situation. Apparently all
sections are eager to obtain the high
dollar for SpringerS and are govern
ing shipments accordingly. Native
Springers. rather numerous lately.
have taken price cut along with old
crop lambs.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
BY FRANK I. WELLER,
Associated Press Farm Editor.

Warm weather and slender pocket
books, plus the seasonal trend, have
sent heavy steer prices to the lowest
May level in 90 years.
Feeders who had held back in the
eternal hope that prices might mend
apparently have decided to let 60, take
their loss and get on with other crops.
The bulk of receipts this week carried
a thick layer of corn-made fat and
prices for that bracket lost Is to so
cents. Cattle which evidently have
been held TO nurse a weak market APP
parently are too fat to hold any longer
and finishers are under the necessity
Of unloading almost regardless OF
price.
The average price Of all the fat
steers and yearlingS during the first
three days was approximately $7.40,
compared with about SLIPS for the
corresponding period a year ago
This is the time of year when heavy
cattle prices normally decline, but not,
however, to such a low mark Even
little, light yearling heifers are SELL
ing relatively higher than long-fed
heavy steers, a condition which mir
rors the beef trade where heavy cuts
and chuckS have been almost at a
standstill.
Stockers Discouraged.
1t is automatic that feeding losses
become sharper as live prices work to
a new low and the sight of unfinished
stock carrying a relatively higher value
than steers that have been fed to glossy
coats has discouraged stockers and
feeders.
1t is the flimsy and comparatively
narrow outlet for beef, along with con-
tinued liquidation of cattle, which has
pushed live values down where they are
now and which promises to keep them
relatively low until receipts become
small enough to leave the supply of
beef more in keeping with consumptive
demand. Warm weather and the limited
purchasing power of the consumer have
added their weight.
The close of the week, however,
brought little better action In the fat
steer market and resulted in an upturn
of 10 to Is cents from the low time.
Some OF the cattle which sold from
$3.50 to $7.35. depending on weight. had
been on feed for almost one year. Light
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
RAILROAD SHARES CORP.
LIFTS NET PROFITS

Special Dispatch to The Star.
BOSTON, May 16. Directors Of
Railroad Shares Corporation have de-
clared dividend of 10 cents per share,
payable on June Is to stock of record
as at the close of business May 25.
The net gain for the period, July 3,
1929, to April 81, 1881, after Federal
taxes and expenses was $685,757.
Total surplus and reserves on April
81, 1881, were $l44,7S8 after payment
Of dividend March 16, 1881, amounting
to S104,601.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
pilots Wrinkles" Latest.

Does plotting an airplane cause
wrinkles? That is the question being
zealously studied by feminine long-dis-
lance flyers since the report made by
G. w. A. Scott, who recently few from
England to Australia. II am sure I've
aged considerably in the last fortnight"
he said on his arrival at Sydney. There
is q certain unnerving element attached
to such a fight At times one becomes
definitely fed up" AS no one has dared
tell fair flyer that she has the trace
OF wrinkle at any time, the theory is
Scorned BY nearly every aviatrix.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
Chicago Grain

CHICAGO. May 1e Especially The
wheat market was firm today on scat
tered buying because Of the lack Of
precipitation over the Canadian West
and the bullish Winnipeg free Press
report which estimated a reduction of
IL per cent In the Canadian acreage
May, old, opened at 82ss, new 49,
July 81 to 62ls. September So and De-
cember 6512. After the first half hour
May, old, was S2ss, new S434, July 6I7s,
September 6lss and December 651s.
Corn was easy in tone, especially
December, because Of the favorable
weather. May, old, opened at 81. July
58A to 58ls, September 573s and De-
cember 50K4. After the first half hour
May. old, was STA, July 58ls, Septem-
Der STA and December 5oH.
Oats were easier with corn. May,
old, opened at 27ss and July 28Is.
After the first half hour May, old, was
27ss and July 281s.
Provisions were easier.
(Copyright, 1917
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16

miracle that will change conditions
overnight They realize that they will
have to write down their opinions OF
their own value and the value of other
persons and things as well. AS such
writing down is accomplished there will
develop a demand for goods at fair
prices and we shall be earning q return
OF prosperity" he believes.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
BUSINESS Factors
MORE FAVORABLE
Detroit Banker Sees Three
Points of Strength Among
Big Industries.
Dispatch to The Star.


DETROIT, May l6.-Despite the
seeming inability Of business TO snap
out OF the depression in manner con-
yincing TO even the man on the street,
constructive factors have now dennlteIy
begun to outweigh unfavoraole lnnu-
ences. in the opinion of Thomas Neal;
chairman OF the Equitable d CehItaI
Trust Co, Detroit. Mr.. Neal looks 1oF
no spectacular upswing OF business IN
the near future, pointing out that never,
after a depre sSion of such magnitude as
the present one, has any country
emerged rapidly Recovery Is a matter
of changing ideas, readjustment OF val
ues and a return to sanity. not only py
business and financial leaders, but also
by workingmen, and such changes can
not by their nature occur raploly' ne
says. .-.
the country are strong, in Mr.. NeaIS
opinion. First, they nave eIIninaVeo
unnecessary overhead and as rule are
now more efficient than at any previous
time in their history. Second, proouc-
ton is being limited TO demand and IT
Is being discovered that money can be
made with decreased output ana lower
prices. Third, the banks and large cor
porations are in position where their
financial strength is unparalleled.
Conditions Called Better.
There is hardly a thinking man in
the country today" says Mr.. Neal, who
does not believe that by and large the
country is better off than 1t was at the
height of the boom two years ago. There
is enough legitimate development work
which, combined with current require
ments of our population and the world,
EF,V H., Of
business While the abnormal profits OF
the past few years will not be witnessed
until we Iun into another period Of ex-
cesses, their absence viii be more than
compenss ted for by stability Of earn
ings" he. believes.
"One Of the most hopeful things to-
day." says Mr. Neal, is the highly paid
for experience Of the younger gener-
alton Of business men. They have
learned that not forever can the ex-
trayagant use Of credit be sustaining
force for business and that sometime
there must come a halt. The country
has stopped believing that by some
magic NEE rs less work can be made TO
mean mc-e prosperity, and it is now
setting cut along the opposite road,
through more and not less work. An
example" he says, ''is TO be found in what
now constitutes an average days work
TO- ,. cklayerS in metropolitan New
You. A recent study Of building costs
by the George A. Fuller Co shows that
the New York bricklayer used to lay
$50 to $50 face brick or TOO common
brick per day. but that now a days
work Is approximately 400 to 500 face
brick and 200 TO / 400 common brick.
an increase Of approximately 80 per
cent in efficiency.
Gains Must BE Slow.
such evidences Of returning sanity
abound throughout industry, both as
regards management and organized
labor. and as they multiply they bring
q return Of prosperity just that much
nearer" says Mr.. Neal. THE country has
reached the stage now where most peo-
pie admit the impossibihty OF some
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
DIVIDENDS DECLARED.

NEW YORK, May 16 (P.-
Fe- Pay Hldrs Of
Company. Rate riod. able. record.
Omitted.
Pr st Interim div due at this time
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
CHICAGO STOCK MARKET

BY the AssoclAted PreSs.
CHICAGO, May 16.-Following is the
complete official list of transactions in
stocks on the Chicago Stock Exchange
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
NEW YORK CURB MARKET s ss: y : ;:: S Ss:
which shows the

Note-An stocks sold in one hundred share IoTs
excepting those designated by the letter (8os (2SO,
which shows those stocks were sold In odd lots
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
INVESTMENT TRUSTS

NEW YORK. May ls (P.-over-the-
reIIntar r7arkat
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
Gains Must BE Slow.

Such evidences Of returning sanity
abound throughout industry, both as
regards management and organized
labor. and as they multiply they bring
a return OF prosperity just that much
nearer" says Mr.. Neal. The country has
reached the stage now where most peo-
pie admit the impossibihty OF some
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16

va bo7t esl MASS OOV@ NJ %los bot bb7t ooFt boz
nus payment Ez dividend Psrtiy extra :Pu ~ in
dividend fPlgS 81 in stock Plus s. in stocE Plus IL in
stof Plus 81 stock last yes"no reEular rate
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-16
DOMESTIC BONDS.

n--igew.
wi-When Issued.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1931-08-05

masses, not only in America but
throughout the whole capitalist
world.
Raise mighty protest against
the attempts Of the American ruling
class to electrocute the eight Negro
boys at Scottsboro-a protest so
widespread and so strong that it
will not only save their lives but will
help to prevent the repetition of such
crimes in the future.
Down with the White Terror of
the bourgeoisie. Expose the connec-
lions of he social reformists in the
frame-ups against militant workers!
For the release of Mooney and Bill
ings, Mcnamara and Schmidt, the
Centralia, dlawn prisoners!
Smash lynching!
Demand the immediate. uncondi-
tional release of all political pris-
oners from the dungeons of the
bourgeois prison hells!
Long live the International Red
Aid, the helper and supporter Of
prosecuted revolutionaries in all
lands!
Long live the International Soil
darity of the Toihng Masses of all
countries and all racesl"
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1931-08-05
PA-OHIO RELIEF
CALLS CLUBS TO
AID COLLECTIONS
Clothing and Tent S
Are Still Vital For
Miners's Relief

NEW YORK. - The Penn-Ohio
Striking Miners Relief Committee,
Room $50, 1893 Broadway, near 18th
St, calls upon all workers and work
ers' clubs in the New York district
TO aid it in the collection of food and
clothing for the 10000 miners and
their families who are now starving
in the, strike area.
In order to facilitate the collection
Of strike relief, the Relief Committee
began yesterday to make sectional
collections of food and money. Brigh-
ton Beach, Brooklyn. the first sec
ton covered, responded very salts
factorily, the Brighton Beach Work.
ers Club and Women's Council II aid
ing a great deal in the collection.
Other Clubs Follow.
Othe, clubs and mass organiza-
tions should Immediately follow the
lead Of these two organizations and
get in touch with the Penn. Ohio
Striking Miners Relief Committee
with view to organizing section col
lections similar to the Brighton Beach
collection.
Clothing and tents remain a vital
need to the striking miners and
their families 1t is advisable that
only clothes be sent in that can be
utilized now. Many well-meaning
sympathizers with the strikers are
sending in heavy overcoats and other
apparel altogether useless to the
miners now.
Since moths would destroy the
heavy clothes before the time would
come to distribute it to the miners
the Penn-Ohio Striking Miners Re
lief Committee has decided to sell all
the clothes that are too heavy to be
worn in the summer. More than $500
has been realized in this way for
miners relief
The Relief Committee also an
nounces that it has sent check to
Mrs. Filipovitch, the wife of the
storekeeper who was murdered by
the coal operators gunner because
he was supplying food to the strik-
ing miners.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1931-08-05
PROTEST SCOTTSBORO-CAMP
HILL ATTACKS AUGUST z

masses, uses the most brutal methods
to crush such resistance There has
seen a wholesale shooting down Of
striking miners in the coal fields of
Pennsylvania Ohio, West Virginia
and Kentucky by the thugs and
deputized gunner of the mine own
ers. There was the frame-up of
strike leaders in Gastonia and I'M
perial Valley, Mooney and Billings,
Mcnamara and Schmidt, remain in
CALIFORNIA; prisons after many years.
The same is true of the Centralia
prisoners in Washington. There has
been a renewed wave of lynchings
aimed at crushing out the growing
militancy of the Negro workers and
alternatively the use of the courts to
accomplish the same object under
the guise of legality, as in the
Scottsboro case. All this terror and
oppression is part of the preparation
of the capitalist class for their new
imperialist war and the attack upon
the Soviet Union.
Workers and peasants, and all
svnpathizerS with the world wide
Sta uggle against capitalist exploita-
ton and imperialist oppression!
Commemorate the martyrdom of
Sacco and Vanzetti by huge demon
STATIONS in all the cities of the
world exposing the bloody deeds Of
the bourgeoisie against the toiling
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1931-08-05
STRIKE AT VANITY
MILLS CONTINUES
Millinery Dept Starts
Unionization Drive
BY RYAN WALKER

NEW YORK-The strike against
the Vanity Knitting Mill, 1856 w 21st
St, and the Rubinger Knitting Mills,
305 7th Ave, conducted under the
leadership of the Industrial Union,
continues. The maneuvers of the
firm to break the ranks of the
strikers have proven in vain The
workers stand united and are deter
mined to carry on the strike until
they have won their just demands.
Inspired by the example of these
strikers, the workers in other shops
are taking up the struggle against
wage cuts. They recognize that with
the help of the Industrial Union
they will be in a position to gain
Improvements in their conditions
during the present season.
The trade committee of the Millin-
cry Dept. which met last night dis
cussed very concretely plans for the
organization drive during the pres
ent season. The victory of the work
ers in the Berg & Aronoff Shop,
won as a result of the united strug
gle of the bIockers and trimmers,
has brought the question of the
united front very concretely before
the millinery workers. There is
movement in many of the shops to
unite the ranks of the workers
against the wage cuts which the
bosses are carrying through with the
aid of the officials of Local "a.
The fake stoppage planned by the
Zaritzky gang is recognized by the
workers as a maneuver to help carry
through the schemes of the bosses
and fill the treasury of the zaritzky
clique.
The Industrial Union plans TO
begin an organization drive for
union conditions A meeting of the
Organization Committee and active
members in the millinery trade will
be held at the office Of the union
Thursday, right after work. Active
millinery workers are called upon to
attend this meeting and help in the
work.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1931-08-05
CONTINUED FROM PAGE oNEl

munist Parties of the world are
mobilizing the international working
class in the fight for their uncondi-
tional release.
In this connection, the Interna-
tional Red Aid has issued call for
world wide demonstrations on Au-
gust %, the anniversary of the muir
der by the State of Massachusetts of
Sacco and Vanzetti. The Interna-
tional Red Aid has sections in "a
different countries, with total
membership of 8,379,556. It's call is
issued "to the toiling masses of all
lands" and is in part as follows:
-Four years ago, on August o.
1927, the two Italian workers, Nicola
Sacco and Bartolomeo Vanzetti were
murdered in the electric chair by
the bourgeois courts of America.
When the crime with which they
had been charged, was committed,
both men we're miles from the scene
where it had occurred. Moreover,
Celestino F. Mareiros, imprisoned on
another murder charge, publicly con-
fessed to having committed the deed.
Nevertheless, the ruling class went
ruthlessly ahead with its dastardly
scheme to have them killed
Like Mooney and Billings, Sacco
and Vanzett had been picked out to
show the working class that the
bourgeoisie were not to be trifled
with, that opposition to their system
of exploiting the masses would not
be tolerated.
To-day the class struggle RACES in
America, as in every other capital
ist land, with ever greater fury. The
ruling class, at the slightest sign of
revolt on the part of the exploited
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1931-08-05
StokoWski Offers High
Praise For Moscow
PRAISE FOR MosCoW-14 pit

PRAISE FOR MOSCOW-14 pit
Speaking of the Moscow Opera
House, of which Albert Coates is the
conductor and General Musical Di-
rector, Leopold Stokowski, brilliant
conductor of the Philadelphia Or
chestra, back from Europa, praised
it last week as the finest grand opera
he had ever heard. Stokowski said:
ut was simply marvellous. had
never heard opera until heard this
finished Moscow company sing The
big thing there is the spirit; they
are alive and enthusiastic, and they
are singers. There is a surprising
equality in the entire company; no
particular singer stands out as ex-
ceptional If any part of it is out
standing it is the chorus, composed
,.;clusively OF artists One hears the
mass chorus and yet hears the indi-
vidual singers in the chorus they
are such singers.
Not only can they sing excep-
onally well, but each one is an ac-
tor They are acting all the time.
The great chorus moves back and
2rSh along the stage and never re-
lakes minute thus giving perfect
picture. Nothing I have ever heard
compares with it. You look back
across the audience and find them
breathlessly still, No one moves. They
sit enthralled They have floated
out of themselves