davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-06
ARE STRONG
IN QUIET MARKET
Junior List Scores Advances
as Demand Increases.
U. S. Group Firm.
BY F. HI. RICHARDSON.

Special Dispatch to The Star
NEW YORK, February 6.-Bonds
we're strong again today, with the re-
covery proceeding at somewhat slower
pace as the general list moved closer
to its previous high of the year. Trad
ing was in moderate volume.
A new feature today was a consider
ably brisker inquiry for junior bonds,
many of which scored advances of / to
2 points following movements in their
companion stocks or publication of
earnings reports revealing a better than
anticipated position. Foreign dollar
bonds were especially strong, with
dealers reporting a new influx of foreign
funds that were withdraw when both
bonds and stocks declined two weeks
ago.
United States Government long term
bonds, now back within small fraction
of their best prices of the year. made
small improvements all along the line
Money rates continued to ease. Ac-
ceptance rates were dropped Is per
cent, making the seventh change In
these rates in five weeks. Time money
was not quotably different, but there
were still indications that the rates
may drop next week.
was
the announcement that the Banque de
Paris ct Pays Bias, one of Frances most
powerful institutions, would participate
in a $32,000,000 loan to the German
government. This was interpreted to
mean that the French government had
virtually given its consent to such par
ticipation Combined with Chancellor
Bruening's continued success in the
Reichstag, the news was a strong argyll
ment in favor of the dollar bonds of
these countries
Young plan 51as ran up close to their
previous high. Preparations Is were a
point better. German Central Bank
issues we're all firm and German
municipal and corporation obligations
had gains. French rs and TVS lowered
around their record highs. French
Cities 6s touched their 1881 tops. Nord
Railways 615s and Paris-Lyons- Mediter-
ranean IS equaled previous peaks.
Other European dollar bonds were
alphabetically strong, including Bel
gisn, Italian and Austrian issues, all
credits of the Swedish. Norwegian,
Danish and Finnish nations and indus
trials like Kreuger & Toll IS and Royal
Dutch As.
Then there was good news from Peru
to the effect that all March debt
service on the Peruvian debt would be
carried out, despite limitations some
days ago that q moratorium would be
requested. The findings of the Kem-
merer Commission, now in Peru, will
probably decide the ultimate course as
to debt service Meanwhile Peruvian
exchange continued weak.
Prime domestic issues were all firm
or fractionally better. Junior issues
made more rapid advances.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-06
DECLINE IN SILVER. CAUSED
BY VAST METAL OVERSUPPLY
War In China, midas Political Disturb
ances and Increase In Production Com
bine to Force Down Price.

share went to China, the only large ma
ton with a monetary system based on
silver. India treats the metal as a
commodity.
Thus, in the opinion of many observ-
ers, the problem narrows down to
China's ability to absorb the supply.
Internal wars in that country have
weakened her commercially as well as
politically. Her trade has been so dis
r1pted that she has no gold balance
with which to buy silver; on the con-
trary, her preponderance of imports
forces her TO sell the metal in order to
purchase gold exchange in payment for
foreign goods.
Silver HOardlng.
The Indian laborer who scrapes to-
gether an extra rupee or two exchanges
his coined wealth for a government
note. This, in turn, he sells for raw
silver, which he promptly adds to his
little hoard, frequently burying it in the
earthen floor of his hut. The amount
of silver thus slowed away is enormous;
the total has been estimated at between
FIVE and eight billion ounces. Some OF
the store goes into trinkets and dowries,
but for the most part it remains hidden
and unused.
When the rupee was put on a gold
basis in 1926, India decided to sell a
reserve of nearly 500,000,000 ounces of
silver. About 100000 ounces have
been disposed of.
1t has been suggested that one way
out of the silver dilemma would be an
extension of the metals commercial
uses. Industry has long employed sill
yer for table and jewelry, and more re-
Gently puts it to work in the form Of
silver salts for the manufacture OF mo-
ton picture film. Recently, however.
the film industry has found method
of extracting silver from old hlms ano
using it again, so this promising market
ost its luster.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-06
BY JOHN L. COOLEY.
Associated Press Financial Writer

NEW YORK, February 6.-What's
the matter with silver? Why has this
theoretically precious metal, to which
half Of the earth's population is at
tached by economic or social ties been
dropping for 10 years, from a price OF
$l.35 an ounce Immediately after the
World War, to the current quotation OF
around d cents? Why is its ratio to
gold now rs to / contrasted with the
memorable Is to l championed at the
turn OF the century?
The proSaic answer, of course. is that
the law OF supply and demand operates
in silver as in any other commodity
But behind this rule is a vast world
drama which has been unfolding dur
ing the course of decade and which,
perhaps, has not reached its climax.
Causes Of Decline.
Civil war in China, political troubles
In India, the increased supplies of silver
made available by modern methods OF
copper production, the sale of surplus
stocks by governments-these are some
OF the forces which have upset silVer's
applicant.
There is difference of opinion as to
which factors have been most respon-
sible. On the one hand the silver pro-
ducers say: Stop offerings of silver by
interested governments-chiefly India
and the pressure will be relieved. On
the other hand, some economists con-
tend-cut the world output, which has
remained fairly constant for years, and
the burden forced on China. as the
largest user of silver, will be lightened
China and India together take most
of the silver produced, which has been
between 200, 900 900 and $4,000, 900
ounces annually in the last five years
In 1880 those two countries absorbed
about 00,000,000 ounces, but the lions
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-06
NEWSPAPER ADVERTISING
is PRAISED BY EXPERT
BY the Associated Press

0y the ASbOCiabeQ ETeSS
NEW YORK, February 6. Depart
ment stores were described to the Ma
tional Retail Dry Goods Association as
probably the greatest sucker list in ex-
istence"
Arthur o. Price, sales manager of
the Namm store in Brooklyn, accused
his colleagues of improbable and
wasteful forms of advertising, and
urged them to do away with such
methods.
Newspaper advertising" ne said, sis
the backbone of our publicity structure
We flnd it receiving 10 per cent of our
total publicity expenditure in the large
stores of today. The percentage should,
l think, be higher-yet much of it is
wasted
He described as really worthwhile"
only one or two other media of pub
licity, and said, there is far too much
dissipation Of department store pub
licity dollars in frills and fadS that can
not hope 10 bring business"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-06
COPPER PRODUCTION
SHOWS SHARP DECLINE

BY the Associated Press.
NEW YORK, February 6.-Production
Of copper throughout the world dur
ing 1880 showed sharp drop from fig-
ures for the previous year, the Ameri-
can Bureau of Metal Statistics reports.
Computing the output on the basis of
the copper content Of blister copper or
its equivalent, the bureau placed 1880
production at 1,769,635 short tons,
against 2,l06,s56 tons in 1929.
Production in the United States
dropped to 5000 short tons last year,
compared with 1871 Sal tons in the
previous year.
World production Of refined lead in
1880 also showed decrease, amounting
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-06
NEW SECURITIES

NEW YORK. February OP.-New
securities offered today include:
Albany Port District, N Y, $I,51S,-
900 Az per cent bonds, dated February
/. 1881, and maturing from 1886 to
1881, inclusive: priced to yield and
4.05 per cent, by Eldredge & Co.
North Shore Gas Co. of Chicago
100000 f1rst-mortgage S per cent
bonds, due February 1, 1887; priced at
pa, to yield $40 per cent, by the I'LL
noiS Co.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-06
POTATO MARKET.

CHICAGO, February s [P).-United
States Department of Agriculture) -
Potatoes-Receipts IS cars; on track,
1856; total U. S. shipment, 853; dull,
trading slow; sacked per 100 pounds
Wisconsin round whites, 135a1 40;
fancy, 1.45a1.50; ungraded, 120a1 rs;
Idaho Russets, No. /, 1.70a1.75; fancy,
shade higher; poor, los; Colorado Nc
Clures, branded, 180a1.85.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-06
NEW LIFE INSURANCE
ALMOST UP TO 1929
Special Dispatch to The star.

Special Dispatch to The Star.
NEW YORK, February GA decrease
of only So per cent in New York
LIES new paid business for 1880, as
compared with 1929. and decrease of
only one-tenth of / per cent in the
number OF policies delivered and paid
for was announced today by President
Darwin p Kingsley in a statement
forecasting the company'S annual
report.
The total new paid-for business for
last year amounted to $500, 1897 700 on
323,T45 policies.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-06

to 1888, 1871 short tons, against 1884,
234 tons in 1929. Refined lead produced
in the United States amounted to 6l5,-
los short tons, against 716,s40 tons in
1929.
Output of zinc throughout the world
last year amounted to 1851 04 short
tons, against 1,623.739 tons in 1929.
Production in the United States totaled
4.4I2 short tons, against 631 .60l tons
in the previous year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-06
PARIS BoURsE PRICES.

PARIS, February (P.-Prices were
Arm on the Bourse today.
Three per cent rentes. SO francs As
confines; per cent loan, 102 francs
so centimes.
Exchange on London, 1913 francs 96
centimes. The dollar was quoted at Is
francs SOFA centimes.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-06

l0:SO AN. 10000 1900 Noon. ...... 500 600
1;So P.M $50. 100000 21o PM. 49,. i 400 600
rates as the above annual cash
Oaeq on tne latest quarterly declarations
IN sG5ip Plus 90 stock. year
IN casn OF stock Plus
STOCK Plus Sc n Pius
m Faio thls year--no regular ~ ." "'0NA'
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-06
FOREIGN EXCHANGE.
uotations furnished by w. B. Hibbs & Coz
TREASURY CERTIFICATES.

Teported By J. 4 W. selIaman q col
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-06
Discount Rate Reduced.

STOCKHOLM, February 6 0P).--The
National Bank OF Sweden today re-
duced its discount rate from 3l2 10 8
rer cent, effective February s.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-06
RIGHTS-EXPIRE.

. Fac Gas d Ell Mar IL 2
Sales of Stocks on New York Exchan1s
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-06
Washington Stock Exchange

SALES.
Washington Gas 6s 1880 at 106.
Capital Traction Cos at 40.
Potomac Electric so pfd.-l at 1I212.
Potomac Electric 5I2go pfd.-5 at 1927.
Washington Rwy. e. Elec. pfd.-l0 at
SO, 10 at 93, 10 at SO, 10 at 90, 10
at 90.
Real Estate Mtge. g. Guar. pfd.-25 at
61z, IL at 81.
AFTER CALL.
Potomac Electric 51aqc pfd.-2 at 10.
Bid and Asked Prices.
BONDS.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1931-12-17
GeSSelIS Close Deal For Mill

Several weeks ago this paper
carried the announcement that T.
j. Gessell and sons of this place
were negotiating for the purchase
of the Shelby Milling Co. building
at Shelby. The deal was closed
last week. The building was pur-
chased at bankrupt sale, from q
bank. The building is of reinforced
concrete, size 46x86, six stories in
height, and has grain capacity
storage of 100000 bushels. This
building is practically new, and the
concern building it broke up be-
fore it was equipped with ma
chinery. The building was COM
pleted at cost of better than
100000. 1t is the purpose of the
Gessells to install a 200 barrel mill;
and they will aso have feed plant.
They expect to get opened for busi-
ness next spring, and as soon as in
operation will offer their business
here for sale.
1t is the present plan for Mr.. Ges-
sell and sons to move to Shelby,
when they dispose of their business
here. The Gessells have been in
the milling business the last five
years, succeeding S. E. Bone, who
owns the building. They have been
very successful in the business:
and hope to be even more so in
their new location.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1931-12-17
ALVIN PARMITER is NAMED
SALARIED GAME PROTECTOR

At last Morgan county has a reg
ular salaried game protector, in the
person of Mr.. Alvin Parmiter of
Morgan township. He received no.
tice Friday from the state conserva-
tion department, of his appointment
for period of two years. The sal.
airy is $115 per month, and prac-
tically all expenses. Mr.. Parmiter
has been serving a provisional ap-
pointment for 90 days. the time ex..
piring Dec. L, and his permanent
appointment begins from that date.
Mr. Parmiter began in the year
1924 as non-salaried protector,
serving in that capacity until Sept.
/ Of this year, when he received
the provisional appointment He has
proved himself to be splendid Of
fetal, and has never yet lost a case
to the state. His salary and ex-
penses come from the money paid
for hunting and fishing licenses and
from fines, and not penny comes
out of the tax money.
For number of years this coun.
ty has been working to get reg
ular salaried game protector, but
as stated Mr.. Parmiter is the first
person to serve in that capacity.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1931-12-17
Earl Gregg Arrested

1t is stated that Earl Gregg OF
GAINESVILLE pleaded not guilty when
arraigned in New Lexington com
mon pleas court Saturday. He and
another party are accused of OBJ
tanning money under false pretense.
Gregg was released under $500
bond. 1t is alleged that he in
fiuenced Mrs. John Tysinger OF
Thornville, whom he had known for
long time, to tranfer certain
bonds valued at $1,000 for other
papers, under the Impression that
the bonds she held were practically
worthless. In due time, after the
transaction, it is reported that Mrs
Tysinger received deeds for two
lots in the White Haven Memorial
park at Cleveland. While Gregg
is said not to have been directly
connected with the sale of the Gem
etery lots, he is reported to have
worked with another party who is
Jointly indicted with him in the
matter. The name of the other party
is being kept secret, while officers
are trying to locate him. Gregg is
bond salesman, and it is alleged
that it was through him that the
other party was able to inveigle
Mrs. Tysinger into the deal. Date
for trial has not been set
Mrs. Tysinger is the widow OF
John Tysinger, who was we'll known
in this locality.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1931-12-17
Morgan Added To Washington
County Auto Association

Morgan county is added to terri
tory of Washington County Auto
mobile association. At a special
meeting of board of directors OF
the Ohio State Automobile asso-
citation recently held at Mansfield,
action was taken to abandon the
Morgan County Automobile club,
and add their territory to that of
the Washington County Automobile
association. The board of direc~
tors of the Washington County
Automobile association at a special
meeting Tuesday of last week, &C
cepted this territory and will rem
der the same services to motorists
of Morgan county as to those OF
Washington county. Motorists of
membership in Washington County
Automobile association, and free
emergency services together with
all other AAA services will be Civ
EN- them Garages will be establish
ed in Morgan county under same
contract as those being established
in Washington county, the con
tracts to become effective Feb. /
1882. Headquarters for Morgan
county will probably be at the main
official garage, but this will not be
decided until Mr.. Miller Of the
Ohio State Automobile association
and representative of the Wash
ington County Automobile associa-
ton have had an opportunity to in.
yestigate and discuss these prob
lens with the motorists of that
county. There will be in all prob
ability branch office established
in McConnelsville.-
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1931-12-17
Subscriptions Coming In Groups

Mrs Hattie Travis of Sharon
Hill, Pa; Mrs. Lane Scofield, Wash
ington, D. c.; Mrs. H. S. Walker,
Cleveland Heights; Miss Mary TRAY
is of Orient, O., and himself, are five
persons Capt. Irven Travis never
forgets round about Christmas
time, and the Democrat as a result
has the price of five subscription
renewals.
Mr.. j. F. Taylor of Kennebec
hill is making splendid record,
as to Democrat subscriptions, and
besides paying for paper for him
self, he sends one each to Mrs. p
A. Crihfield of Atlanta, ILL.,; Mrs
r. G. Carroll and Ray Larimore of
Billings, Mont; and Mrs. C. C. Pen
rose and Jas. F. Taylor of Cleve-
land
We notice that entered in our
subscription book, On the same page
with Mr.. Taylor's are three that
Mr.. John Mummey of Waterford
carries-one for himself, and one
each for Mrs. A. B. Parmiter Of
Newark, O., and Mrs. Carl Hall of
Marietta.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1931-12-17
Christmas Pageant At Main Street
Church of Christ

Sunday evening at Main Street
Church of Christ, the Sunday schoo!
will present the Christmas pageant,
"The Alteration of the Kings and
Shepherds" by Mildred Emily Cook.
This is a very beautiful portrayal of
the Christmas story. Twenty-Five
of the young people will take the
parts of Joseph and Mary, the an
gels, the shepherds, and the wise
men Because much of the action
of the pageant takes place in the
aisles of the church and also be-
cause interruptions of late corners
would destroy the worshipful at
mosphere, no one will be allowed to
come in after the beginning of the
pageant itself. The service begins
at 1880. Be there by that time.
The annual Christmas treat will
be given to the children, at the close
of the lesson study, Sunday morn
ing. Everyone is urged to be pres
ent. The pastor will bring Christ
mas message at the sermon period.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1931-12-17
Santa Visits COulson'S Toyland
Hundreds OF Treats Given

For weeks the children have been
awaiting Santa's visit to Coulson S
Toyland, and when he appeared
there Monday night at 7 o'clock, he
was joyously greeted by about 900
kiddies and adults. There were
many who could not get in the store
to shake hands with Santa. but all
got a glimpse of his smiling face.
Besides the twin cities, Chesterhill
Ringgold, Morganville, Pennsville,
Stockport, Eagleport, and many
other surrounding towns were rep
resented in the crowd.
Santa chatted with each boy and
girl and they in turn gave him
their letters with Christmas lists so
he would not make any mistakes on
Christmas eve. Santa enthusiast
cally thanked the little folks for
their welcome on the occasion of
his visit. He presented each child
with treat, and departing wished
one and all Merry Christmas.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1931-12-17
Christmas Forgram Dec. 21, At
PRESBYTERIAN Church

On Monday, Dec. 21. at 7:30 p
m, there will be a Christmas pro
gram at the Presbyterian church in
McConnelsville. The program will
include a group of recitations anG
songs by members of the primary
department.
These will be followed by a play
"The Christmas Voice." by the
young people of the church. Those
taking part in the play are: Betty
Booth, Mary Ann Booth, Wilma
ClaWson, Wilma Daniel, Isabel Fox
Helen McLane, Virginia Mick, Myr.
tie Scott, Junior Benjamin, Dean
Calland, James Finley, Ernest Ham
and Junior Scott.
1t is rumored that Santa has sent
something for the youngsters.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1931-12-17
Good Odd Fellowship Meet

The Good Odd Fellowship club
met in Valley hall Friday evening,
Dec. II, with Atty G. O. Nc
Gonagle presiding. Music was fur
nished by Robert Savage, Howard
Scott and VIM. Lindimore. Song,
America" prayer, j. n. Barlow:
music; playlet, IAN Interrupted
Courtship," by local Rebekah lodge;
music; playlet, introduction of the
Ruggles Family" Rebekahs harp
and piano selections, John McInturf
and Robert Savage; music. Twenty
one /. o. o. f. and Rebekah lodges
were represented, which included
one person from Cumberland, Md. :;
one from Cleveland, Pa; one from
Iowa and 40 from other places,
making a total Of 210 present.
A talk was given by j. L. Ken
nard of Chesterhill, representative
of the 49th district Milbery Davis
of GAINESVILLE then took charge and
introduced Sam Clawson and quar-
tet of GAINESVILLE, who gave several
selections including Song of
Dreams dedicated to Valley
Lodge; Coates of Gold,' in re
membrance of two members of Val
ley lodge who wereill and could not
attend. Mr.. Davis invited all to be
present at Moxahala lodge, Zanes-
vile, Monday evening, Dec. IA, for
an entertainment.
Fred McInturf gave readings.
''The Prodigal Girl" and "An Old
Mans Request" music; refresh
ments, followed with fellowship.
Next meeting is to be held at
Glouster.-XX.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1931-12-17
Col. Ralph Cole Speaks Here

Former Congressman Ralph Cole
spoke here Monday evening before
the Morgan County Republican
WOmen's club. The meeting was
held in the Woodman hall. The
speaker confined his address prin
cipally to economic conditions, rath-
er than to party politics. His ad
dress was concerning the depres
sion and causes; and problems that
have arisen as an aftermath of the
World war. Mrs. Carl Betz, chair
man of the women's club, presided
and music was furnished by a
male quartet-H. c.. BetZ, Frank
Gray, w. R. Sears and w. D. Dan
ford. Mr. Cole was a colonel in
the 37th Division overseas during
the World war, and he and A. C.
Mcbride of this place were closely
associated. While here Mr.. Cole
was the guest of Mr.. Mcbride.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1931-12-17
Other Road Notes
Death OF Lafayette Campbell

The body Of Houston Lafayette
Lafe) Campbell, aged IA, was
brought Tuesday to Lebanon
church, Bristol township, for fu-
neral services and burial His
death occurred Sunday in the |. O.
0. f. home at Mattoon, H., he hav.
ing been in that institution ever
since he lost his eyesight, in an ac-
cident, 20 years ago. He was a son
of the hate John and Rebecca Wort
man Campbell and was born in
Bristol township. When a young
man he went west, and up until he
lost his sight, Travelled quite ex-
tensively. He was man held in
high regard by all his acquaint-
ances. He never married. He is
survived by half brother, John
Campbell of this place, and a half
sister, Mrs. H. t. Dingey of Mans
field. The late Mrs. Martha Lindi
more, wife of g. L. Lindimore
Mrs Alice Bone, add Mrs. Myrtle
WOrtman were his sisters, and
Thomas Campbell was brother. A
number of cousins of the deceased
reside in this locality.
Funeral services were conducted
by Elder c. H. Norm of Malta.
Among those from away, in at
tendance at the funeral were Mr..
and Mrs. H. T. Dingey and w. c.
Blackledge and wife of Mansfield.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1931-12-17
Young Mother Called

Mrs. Pearl Swackhammer, 26, wife
of Howard Swackhammer, died Wed
nesday morning at her home at Dea-
vertown, after a four days illness
from pneumonia. Besides her hus-
band, she leaves four children
Melvin, Charles, Paul. and Mar
garet; her parents Mr.. and Mrs
Dell Rambo, near Crooksville; her
grandparents Mr.. and Mrs. Vincent
Grossman, Crooksyille; one sister
Mrs. Robert Tysinger, DeavertOwn
and two brothers, Emmett Rambo
Milligan's Bend, and Arthur of the
home.
Funeral services will be conduct
ed Friday at the Deavertown M. E.
church, and burial will be made ia
the church cemetery.