davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-26
WATERWAY GROUP
SCORES RAIL LAW
Sides With U. S. Railways
Against PooI-PropoSeS
Bond Issue.

ST. LOUIS, November 26.-The Mis-
sissippi Valley Association, the waterway
voice of shippers in Is States, Tues
day voted to give its support to the
railroads in their efforts to repeal the
recapture clause of the transportation
act, whereby excess railroad profits are
pooled.
The move was viewed by waterway
leaders as a conciliatory gesture toward
the railroads and an effort to remove
the opposition of the railroads toward
barge transportation.
The association at its closing session
yesterday also formally adopted a reso-
luton urging Congress to authorize a
Federal bond issue to finance the
early completion of the unfinished in
land waterway system. The association
voted unanimously for the proposal.
Approved After Fight.
The resolution was the most impor-
tant step taken by the association In
years, and 1T was approved only after
. spirited fight on the floor.
The association also declared oppo-
gition to Interstate Commerce Commits
sion regulation of inland or coastwise
port to-port water freight rates.
Col. Robert Isllam Randolph, Chi
citation, succeeding w r. Dawes, Chi
cago, who resigned and was named as
q director. Randolph, veteran leader
in waterways development. is president
Of the Chicago Association of Commerce
and head of the Secret Six" an anti
crime organization.
Thomas F. Cunningham, New Or
leans, was reelected vice president and
Richard S. Halves, st. Louis, treasurer.
District vice presidents named were: w.
E. Brock, Chattanooga, Tenn; j. S. Gull
imam, Houston, Tex; Alex w. Damn,
Pittsburgh, Pa; Col. Clarence B. Doug
las, Tulsa, Okla; e. T. Harris, Chicago,
Ill; w. K. Kavanaugh, st. Louis; John
II. Kelly, Sioux City, Iowa. w. P. Law,
Gadsden, Ala; George B. Longan,
Kansas City; Walter Parker, New Or
leans, La; G. F. Richardson, SturgiS,
KY; j. A. Sunderland, Omaha, Nebr.,
and r. P. Warner, st. Paul, MINI.
Reaffirms Its Stand.
The association reaffirmed its stand
Of last year on quick completion of
major arteries in the waterway system
Standardization on a nine-foot chan
mel basis, intensive work on the almost
completed Illinois waterway, and COM
mended the administrative executive
and engineering forces of the Federal
Government for waterway improve
ment during the last year.
The association also Endorsed devel-
opment Of an interacoastal canal in
Florida.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-26
WILLIAM CLEMENS
EXPIRES SUDDENLY
BiogTapher Of Twain, Roosevelt
and Dewey, Fatally Stricken
by Heart Attack.
nv the Associated Press.

~ the Associated Press.
NEW YORK, November 26-William
Montgomery Clemens, II, author and
newspaper man, died suddenly Tues
day Of heart attack at his home
Among the many books written by
Clemens were biographies of Mark
Twain, Theodore Roosevelt and Ad-
miral Dewey.
Born January 16, 1860, in Paris,
Stark County, Ohio, Clemens received
his education at Buchtel College and
then went into journalism. He started
with the Pittsburgh Leader and worked
for many other papers, including the
Cleveland Plain Dealer, the Los Angeles
Tribune, the San Francisco Chronicle
and the New York World.
He was a member of the editorial
staff of many publications, including
that Of the Encyclopedia Americana in
10000. He founded Literary Life in
Chicago in 1884 and the Genealogy
Magazine in New York in 1912.
Mr.. Clemens is survived by his widow,
Inez Hopper Clemens, and three daugh-
tiers. They are Mrs. Sedgwick Blancard
Of New Rochelle, Mrs. G. Howard
Sickles of Olmstead Falls, Ohio, and
Mrs Richard Sheldon of Kansas City.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-26
KING ALBERT SAVED
FROM HOSTILE CROWD
Demonstration in Which Six Are
Arrested Occurs on Visit to
Lmburg Province.
b. the Associated Press.

b. the Associated Press
BRUSSELS, Belgium, November 26-
King Albert was booed and Kissed Tues
day at st. Trond, in the province of
Limburg, where he visited a Catholic
institute, and mounted police were
called to help him escape from hostile
crowd.
A crowd including students of the
University of Louvain and Flemish ma
tionalists gathered along the Kings
route and shouted Down with the King,
long live Borms."
The latter is DR.. August Born1s, F1em-
ish Separatist, who helped to establish
q Flemish university at Client with Ger
man aid during the German occupation
of Belgium In the war.
A free-for-all fight followed among
the disturbers, loyalistS and police, who
arrested six persons.
King Albert later went to Liege 20
attend q ceremony on the 18th anniver-
sary of the Society Of Walloon Lit
eratllre.
DR.. BormS was sentenced to life i'm
prisonment by the Belgian War Council,
but he was released two years ago.
Flemish separatists hail him as King
of Flanders"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-26

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Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-26
nj OPEN UNTIL $50 PM. FRIDAY
Christmas Savings Fund
Checks CaShed
Women Appreciate Our
Free Parking Service

They bring the children here in safety away from
the congesed downtown shopping district Park long
you like, drive away any time without finding ticket in
your car, damaged tenders.
A small deposit 0vW reserve
any article until desired.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-14
ADVANCE IN BONDS
MARKS ACTIVE DAY
Investment Market Shows
Best Progress Since Start
of Debt Plan.
BY F. H. RICHARDSON.

Special Dispatch TO The Star.
NEW YORK. August 1.-THE invest
ment market made better progress on
the up side today than has been the
case since the early days of the Hoover
debt holiday plan.
Trading was more active. and the
demand for securities, which for months
has been largely eXemplified in heavy
premiums for prime issues and readily
cashable short-term paper, extended
throughout the second and third grade
groups of both foreign and domestic
bonds. The improvement even Included
second-grade railroad bonds that only
a day ago could find no favor anywhere
While there was a slight stiffenine Of
time money rates, there was no quot
able change. The latest batch of Treas$
ury bills was sold at discount basis Of
O.6l per cent, against 0.5I and 40 re-
spectively, for the two previous issues
With a strong stock market. Wall
Street again turned to bullish intprpre
tations. Amusement bonds jumped into
favor because of reports of much better
receipts last week Paramount-Puhlix
5 12s, Paramount-Famous IS, Pathe Ex-
change rs and Warner Bros. Pictures
Is ran up sharply
One brokerage house delivered itself
OF the opinion that railroad bonds
even II 1t were taken for granted that
the rate increase would be Tef,lsed
were oyersold. Small gains came into
Allegheny IS, Missouri Pacific SIS and
IS, Nickel Plate 4 12s and IS. Southern
Railway general As and similar car
rler issues. The prime rail bonds were
also strong, notably Atchison general
Is. Chicago, Burlington & Quincy Is
Great Northern rs and Boston z,
Maine SIS.
OH company obligations improved
substantially with the rest. NOTABLY
Texas Corporation SIS and Shell Union
on SIS. Goodyear SIS, United States
Rubber SIS, Goodrich IS and other
rubber bonds were firm. Inter
national Match IS, international Tele-
phone 412s and SIS, International HYDRO
electric Is and American g. Foreign
Power SIS were higher.
In the foreign list Germans were ont.
StaholngIy strong. Dawes reparations
rs crossed 80 for the first time on the
recovery. Young plan 5Ias were more
tnan point higher. German Central
Bank 6s and rs, Rhine Westphalia Elec-
trio IS. and Siemens d Halske 6Ias
rose sharply. German municipals were
hlgher all around. This strength was
to some extent by Hungarian
and Austrian issues Italy rs went over
par for the first time on the movement.
The high-grade European list was
strong.
South Americans were spotty. Colom-
oian bonds, affected by the Colombian
governments denial of any considera-
ton OF moratorium, we're to s points
higher. Australians were firm with the
continued success of the governments
refunding or,eratior
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-14
BROKERS' LOANS LOWEST
SINCE JANUARY 9, 1924

Special Dispatch to The Star
NEW YORK, August l4.--The weekly
statement Of the Federal Reserve on
brokers loans showed a decrease Of Sl7,-
600 600 during the week ended August
IL 10 a total of 81 600 900. the
smallest since January 8. 1924, when
the figure stood at Sl,3i5, f95, 900. This
compares with total Of s1346 600 900
last week, the previous low on this
movement, and with So, 1855 600 900 on
August 49, 1880
Loans for own account were 1885,
600 600. compared with $3.50 600 900 a
week ago. loans for out-of town banks
totaled $3.50 ,Ooo. 600, against 1922 0oo,-
600, and loans for account of others
amounted 70 Si6S 600 600, contrasted
with SI64, 600 coo Demand loans con-
stftuted se2l, 600 600 Of the total.
against $9ss 600 900 8 week ago, and
time loans were unchanged at s40s,-
000. 900.
The New York Federal Reserve dis
tTict rediscount rate remains unchanged
at Y per cent,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-14
Washington Produce

Butter-One-pound prints, 81; tub, 80.
Eggs-Hennery. 24a25; current re-
ceipts, 16al7
Poultry, alive-Spring broilers,
pounds and over, 30a32; 2 to az
pounds, 27a28; Ia to pounds, IS;
Leghorn broilers, large, 24a25; medium,
22a23; hens, large, 2la22; small, 1Ta18;
Leghorn hens, large, 15a16; small, 13a
II; roosters, 12a13.
Dressed-spring broilers, 3 pounds
and over, 33a34; 2 to 2is pounds, 3oa
80; liz to 2 pounds, 27a28; Leghorns,
broilers, large, 28a30; medium, 90; hens,
large, 23a24; small 19a20; Leghorn
hens, 17a18: small, 14aI5; ROSTERS. 13a
II; Long Island ducks, 21a22.
Meats-Beef, prime, Is; choice, 1412:
good, l3a1312; Texas steer, 11aI2; lamb.
20; veal, 12al4; fresh hams, 10; smoked
hams, FL; strip bacon, "a; lard, 1oia
an
Live stock-Hogs, heavy, 600a7. rs;
light and medium, 7.25a775; pigs. T25a
IT'S; roughs, 3.00a5.00; lambs, 4.00as.o 90;
calves, 4.00a8.50.
-Watermelons, 25a60; csaAs~.-
loupes, homegrown, bUishel baskets, -.
LOO; crates, 100; Persian melons, ESQ;
honeydews, 1.50a2. 90; oranges, 4.50a
SIS; lemons, TOO: lines, per 100, Its:
apples, bushel baskets 5Oa75; box stock,
2.50a275; peaches, 75a1.25; few extra
fancy, 2.50 huckleberries, 3.00a4.50;
pears, 2.50a3.00; plums, Its; grapes,
$50; bananas, 100al so; currants, 500;
pineapples, 350a3.75; grapefruit, Porto
Rico, 2.00a4.O0.
Vegetables-Potatoes 2.00a2 rs; sweet,
per bushel. LIS; tomatoes, 2-peck bas-
ketS, 50a1 90: squash, So spinach, New
Zealand, 100; kale, 75al 90; peppers,
2-peck baskets, so; cabbage, IS; carrots,
per 100 punches, 800; beets, per 100
punches, 500; corn, 5-dozen sacks, 5Oa
rs: string beans, 100; linas, LISA
$50; cucumbers, 2-peck baskets, so;
celery, per bunch, 75a1 90; peas. 4.O0a
$50: eggplant. $50; lettuce, Iceberg,
$50; okra, 2-peck baskets, so.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-14
CITIES PROTESTING
UTILITY RATE HALT
Numerically Owned Services
Face Same troubles as
Private Concerns.
BY GEORGE E. poY1NG.


Municipal utilities are beginning to
experience some of the troubles that for
many years have been the source of
part Of the difficulties of privately
owned plants.
OnSthe heels of revival of the hoary
tale of Chanute, Kans., where the mu-
nicipal utility is said to make so much
money that the. Citizens pay no taxes,
come reports from Wisconsin that the
State Pubic Service Commission is in
vestigatIdg municipal utilities and find
ing tnat several of them are making
altogether too much money. And the
Supreme Court of Indiana has ruled
: that the RATES Of municipal utilities in
that State are completely subject to
control by the Public Service Commits
sion instead of by the city which owns
the plant The court also held that a
municipal plant is entitled to charge
rates that will produce fair return
on the investment, but may not charge
enough to make up for the loss of taxes
which the utility does not pay.
Cities Also Protest.
The Wisconsin commission is check
ing up on all the municipal plants,
which in that State are required by law
to be managed by local public utility
commission or board of public works
It appears that the cities do not like to
be told that thsir rates are too high
and in some instances they are protest.
ing Just as vociferously rs the officials
of private utilities have been known
to do
In the city of New Richmond, for
instance, the State commission declared
the electric plant was making too much
money and the rates to consumers
should be reduced The city commits
sion followed instructions and was
promptly abolished by the city council,
which appealed from the State COM
missions findings.
In the city of Spooner Wis, the State
commission found that the municipal
electric plant was earning about rs per
cent on the deprecated value of the
property. Officials of the village of
MaZomanis protested that the State
commissions valuation Of the municipal
electric plant was all wrong. and that
If the property we're properly valued
the rate of return would be found to be
only about the allowable per cent.
Indiana City's Argument.
The city Of Logansport. Ind, which
operates an electric plant, contended
that State regulation of the rates of
municipality owned public utilities inter
feres with the right of local self
government
This argument" the Supreme Court
replied. lis one which can be made as
well regarding State regulation of the
rates of privately owned utilities. While
1t is true that the regulation of rates
of a utility. whether owned privately
or by a municipality, usually affects the
citiZsns of a particular municipality
more than it does the citizens of the
remainder of the State, yet the State,
for reasons which the legislative depart
ment deemed sufficient, has determined,
as it had the right to do, that regula-
ton should be by central commission
rathsr than by delegating such regula-
tory power to the local communities"
tcopyright, 1919
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-14
DOMESTIC DEMAND
FOR GAS HOLDS UP
Slump In Exports, However,
Results in Loss In Net
Sales of Producers.
By BENNETT WOLFE,
Associated Press star writer.

TULSA. Okla. August 14.-The az
fiicted petroleum industry was offered
a morSel Of comfort yesterday in a sur
vey Of gasoline statistics for the first
half of the year
1T appears that the petroleum in
duStry has been one Of the most for
tunRte OF the basic industries in the
United States" said Clarel r. Mapss,
economist for the Midcontinent OIL and
Gas Association, in a review Of the six
month period
Domestic trade in the industry's
principal product not only has held its
own with the consumption record Of
last year, but has actually enjoyed an
increase of 2.26 per cent. Domestic de-
mand for gasoline from refineTiSs
totaled 100 1855, 900 barrels for the first
six months. as compared with demand
Of 186,639 ,000 barrels for the same Pc
Rod IN 1880, an increase CT Apt 900
barrels"
Gas Exports Drop.
Mapes pointed out. however, q slump
in gasoline exports has been a disturb
ing factor and has more than Offset the
improvement in the domestic trade, re-
sulting in a lessened total demand.
while the American motoring pub
lie has increased its demand for gaso-
line" he said, "the American export
trade in the product has suffered such
severe losses as to cause q decrease in
the total gasoline demand.
Serious economic troubles in foreign
countries, coupled with the replacement
of American gasoline by motor fuel
from other than American sources,
caused decrease in the export trade
IN the product totaling 10.4ll 900 bar
rels, or 1853 per cent during the first
half of the year. Exports of gasoline
totaled 22504, 600 barrels, as compared
with 80, 9l5, 900 barrels during the first
six months of 1890.
THE total demand for gasoline at
American refineries was 213,370. 900
barrels, as compared with 21e,554.00
barrels for the first six months of 1890,
a decrease Of 6,i84,00 barrels, or 2.s2
per cent"
Conservative Operation.
Refiners have attempted to meet the
decline in total gasoline demand by
cuTtailing their operations, Mapes re-
ported.
His review Of the six months said:
anticipating and realizing the i'm
port of the situation, American refiners
have operated in a cautious and con-
sentative manner. Runs of crude oil
to stills were reduced 80 ,322,00 bar
refs, OF c.10 Per cent, aS compared Win
last year, and totaled 438, 1886, 900 bar
rels, an average of 2,421, 740 barrels per
day.
Gasoline production totaled 30s,-
S6l 900 barrels, decrease below last
year Of 9,502,o00 barrels, or ASS per
cent.
''Straight-run gasoline provided 5l15
per cent of the total production. while
cracked gasoline provided 46.09 per cent
Of the total and natural gasoline e.76
per cent.
The total percentage Of gasoline re-
covery was 4765, as compared with q
recovery OF 45.72 per cent for the i1rst
six months of 1890 Straight-run re-
covery was 24.37 per cent, as compared
with 24.66 per cent in 1880. thereby re-
curing 4.l03 barrels of crude oil to oe
run to stills to provide barrel of
straight-run gasoline"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-14
CONSOLIDATED POWER
SALES DROP SLIGHTLY
special Dispatch to The star.

Special Dispatch to The Star.
BALTIMORE, August 14.--Industrial
power sales of the Consolidated Gas,
Electric Light g. Power Co. during July,
exclusive of the power supplied TO the
Bethlehem Steel Corporation and the
Baltimore Copper Smelling & Rolling
Co, totaled 37,507 SOC kilowatt hours,
as compared with 81 ,5s6, $50 kilowatt
hours in July. 1890, a decrease of only
0.20 per cent. Sales TO industrial cen
suners for the first seven months of
1891 totalsd 24a.967 .o44 kilowatt hours,
compared with 269. 538 ,925 ia the cor
responding period of last year.
Sales of gas for industrial and COM
nlercial purposes in July were 207, s70,-
100 cubic feet, compared with 205,8 5S,-
100 cubic feet in July, 1890, an increase
of 0.98 per cent.
For the first seven months of this year
gas sales aggregated 1887. 643 900 cubic
feet, against / 1925. 257. 100 cubic feet In
the like period year sgo.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-14
FARM SITUATION REGARDED
WORST PHASE OF BUSINESS
Wall Street Believes Advice to Plow Under
Part of Cotton Crop May Help
If 1t Is Followed.

increasing. Complaints were made OF
the high prices for farm machinery, and
it was asserted that the farmers could
not sell enough proouce at present prices
to meet installment taxes and live.
DeIinquencies Increase.
In the district embracing five South
ern seaboard States replies we're that
delinuuencies have multiplied threefold
this year and that collections were the
most unsatisfactory over a period of 20
years In one State a bank reported
about 30 per cent of its loans IN default
and the number constantly increasing,
Sample replies from the States of In
diana, Kentucky, Ohio and Tennessee
were that from a fourth to third OF
the farms we're for sale, and that the
insurance companies had several times
the number of farms for sale that the
banks had to offer. DelinquencleS we're
increasing, collections were the worst IN
banking experience, and that "the over
head per acre for taxes and interest
win be very hard to handle when cotton
is quoted at a price below 9 cents" In
Alabama. Louisiana and Mississippi re-
plies indicated 25 to 80 per cent Of
farms for sale, with an unprecedented
increase in delinouencies and more diff
ficult collections.
One reply from the district including
six Northwestern States Is UnaC we had
an increase in farms acquired OF more
than 100 per cent, and we are selling
them at an approximate loss Of 40 per
cent of the investment" In this dis
trict the shrinkage in farm values was
so per cent, which seems to be about
the average for the country, but the
crop outlook was good.
Fifty Per Cent Mortgaged.
In another district it was reported
that about SO per cent of all farms in
Iowa and Nebraska are mortgaged. In
some counties as high as so per cent of
lands we're owned by mortgage COM
panies. In Colorado, Kansas, New Mex
leo and Oklahoma the crop is magnifl-
cent. but delinquencies are increasing
and are 76 per cent more than last year
They amount to IS cents on each 500
of the banks loans.
Texas expected a considerable exodus
from the farms and found delinquencies
increasing. They were reported up so
per cent in Arizona, California, Nevada
and Utah, and in one of these States
banks and insurance companies have
between q 900 and $4,000 farms for
sale
Copyright. 1917
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-14
Regular Dividend Planned.

NEW YORK. August IA CIV. W.
Salmon. president Of the General Rail-
way Signal Co, said he will recommend
at the meeting of directors Of his COM
pany August 81 that the regular quar-
terly dividend of S1.25 a share on the
common stock be declared. In his let
ter to stockholders he also said it was
his personal belief that present quota
lions ION your common stock do not
reflect adequately its intrinsic value,
even under current adverse conditions
in the securities markets"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-14
BY CARLTON A. sNIvELY.
Special Dispatch to The star.

Special Dispatch to The Star.
NEW YORK, August 14.-As the dirt
farmers Of Wall street view the latest
move Of the Farm Board-the advice to
cotton planters to pillow under third OF
the growing crop-beneflt might accrue
if the advice we're followed. Members
of the cotton trade and other observers
take the view that this advice will not
be generally followed, inasmueh as the
individual planter, now that his crop
has been made, viii wish to sell as much
cotton as he can at any price.
The Farm Board with its copious ad-
vice has fallen low in the estimation OF
farmers generally, and such proposals
as 1t Is now making may be regarded
In the farm country with skepticisn.
Wall street feels strongly that the
cotton and wheat markets both are SUI
fering from the Governments interior
eIEce with natural economic laws. and
that the situation would be better today
had no wheat or cotton been bought by
the Farm Board 1t can cite examples
aplentv Of the bad results of artificial
commodities in various parts OF the
world.
Worst Feature Of Business.
Meanwhile there is no doubt that
conditions in the farm country are in a
ture of the business position. promi
nent Wall street firm recently sent a
QUESTIONABLE to every Federal and joint
stock land bank and to many national
banks and trust companies operating in
every State of the country. It inquired
as to farms for sale, crop conditions and
prices, delinquencies and the prospects.
The replies are Illuminating. Some
samples are: District No. /, comprising
eight New England and Eastern States,
reports fewer farms owned by the banks
than a year ago and an increase in de-
linquencies in the last three months
which is not at all serious. Funds were
reported as extremely scarce in the
rural districts, even for farmers with
good credit and the banks said the
farmer is not going 10 buy until he can
exchange his dollar on a more equitable
basis than he can today"
In the second district, Of fve Eastern
and Southeastern States, summary Of
replies was that farmers are very de-
pressed, and that practically every one
Is willing 10 sell his farm. Crop con-
ditions were good, but prices the lowest
ever experienced, and delinquencies were
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-14
MORE COLD TMPoRTEp.

NEW YORK, August IA GP).-The
gold statement Of the Federal Reserve
Bank Of New York for the week ended
August 10 showed imports of S2,841 900
from Mexico. and S13l 900 chiefly from
other Latin American countries. Ex-
ports amounted to SIT 900 to France,
and gold earmarked for foreign account
showed ala increase Of SIS, 900 600
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-14
METAL MARKET.

NEW YORK. August IA tP9. -
Copper quiet; electrolytic. spot and flu
ture, 7iaa734 Iron quiet; unchanged.
Tin quiet, spot and nearby 1920; fu-
tare, 26.35 Lead steady; spot. New
York, 4a0, East St. Louis, 4.22. Zinc
dull; East ST. Louis, spot and future,
3.B2a3 IS, Antimony, $50.