davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-01
CHICAGO LIVE STOCK MARKET

CHICAGO, February 20 Up Omitted
States Department Of Agriculture) -
Cattle-Receipts, 200 head; compared
week ago fed steers and yearltngs re-
covered early decline to finish steady
with q week ago; average cost at 800
being new low since 1922; yearling
heifers strong to IS higher; butcher
heifers, heiferettes and all COWS mostly
steady; bulls IS and more lower; veal
ers 50al 90 lower at new low level in
many years; Stockers and feeders dull
and weak: top fed steers, HOO; year.
lings, 1000; bulk, all steers, 700a9 90;
top yearling heifers. $50: practical top
weighty sausage bulls, 4.25 best strong
weight vealers, $50; half-fat feeding
steers, $40.
sheep-Receipts. 5000 head, includ-
ing 5000 direct; for week, 122 doubles
from feeding stations; 19,100 direct; to-
days market steady; several loads, good
TO choice, wooled lambs, 8.50a8.75 to
packers; choice clippers. 8.25; compared
week ago all classes fully steady; lambs
topped at 1000 each day except Thurs
day; closing, bulk, good and choice
wooded lambs, scaling 81 pounds down,
8.50a9.00: heavier weights, 8.25a8. so;
native bucks, 7.25a8.00; throw-outs,
6.00a7 so; clipped lambs, 8.00aS.25; fat
native ewes, 4.00a4.75; feeding and
shearing lambs, 7.75a8.25.
Hogs-Receipts, $4,000 head, including
IL, 900 direct; uneven; weak to is lower
than yesterdays average; top, TBS; bulk
light weights, 7.00a7.25; 230-250 pounds
6.40a7. 10; hogs, 6.00a6.50; packing sows
6.OOa615; compared week ago light
weights 25a40 lower; heavies 10a15
higher: shippers took 1900: estimated
followers, 1000; light lights, good and
choice, 140-160 pounds, 6.75a7.16; light
weights, 10000 pounds, 7.00aT.25; me-
dunn weights, 200-25O pounds, 6.75a7 rs;
heavy weights, 250-300 pounds, 6.40a
$50; packing sows, medium and good
275-500 pounds, 5.85a6.25; pigs. good and
choice, l00-130 pounds, 600a6.85.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-01
PICKUP IN AUTO
TRADE CONTINUES
Plant Schedules Increased
as Industry Prepares for.
Spring Sales.
special pispatch to The Star.


DETROIT, February 28.-In spite OF
below-normal business conditions, auto
mobile manufacturing is exp: riencing
the ''push-up" of schedules usually felt
at this time of year in preparation for
a Spring bulge in Nationwide sales
While production is scaled down to re-
quirementS, the rate of shipment Is
showing better activity in response to
an encouraging outlook stimulated by a
return Of confidence evinced in stock
market gains, aggressiveness on the part
Of readjuSted distribution interests and
the certainty that delayed buying is to
have its effect on seasonal demand.
With January proving the best pro-
duction month since September last, In
creases in February schedules make II
certain that the February increase
should represent better than 100000
units, as compared with I'll ,903 recorded
for the first month Of the year.
The basic feeling for improved de-
mand has been buoyed UP by the dis
closure from a trade publication survey
that the retail sales value of all auto
motive products during 1880 gained
$500 900 over 1929.
It has been shown that the 1896
value at retail of tire, accessories, shop
equipment, repair parts and supplies
senger and commercial cars, reached
$12, 000, 900, 900 for the first time in the
history Of the trade.
This, coupled with the fact that
although the 1880 growth In car regis
tration was below par, gasoline con-
sumption was greater, has treasured
company officials that there has beer
no decline in car usage for essential
purposes.
The automobile industry has beer
doing better and better as a steel buyer
but it still has some distance to go to
regain its former place relative to steel
in general.
Increase in automobile activity is
more important as a general economic
index than as an outlet for steel. Of
course, there are various influences thai
should be allowed for, but taking simply
the statistics and making no allowances
automobile production would actually
show that the turn in general business
was rounded before the end Of LAST
year.
(CopyriRht, 1917
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-01

reserves with the Federal Reserve Bank
are deficient; unlawful, prohibited or
ultra wires transactions and operations.
Under common law liability may be
listed the making Of loans when the
security taken is insufficient, certifying
or permitting to be certified checks on
insufficient or overdrawn accounts; fall
ure to appoint o discount and loan COM
mittee, or an examining committee Of
the directors when required by the by
laws and, or the volume Of the banks
business, or failure to see that such
committees function II appointed; fail
ure to audit or examine the affairs and
condition of the bank periodically, or to
cause same to be audited or examined;
failure to use reasonable effort to collect
slow or doubtful assets. The directors
may also be liable for allowing over
drafts; for damages resulting from q
failure to charge of assets at the direc-
ton Of the examiner, or representing
such assets to be coed after such notice:
for losses resulting from failure to re-
quire proper bond from officers and
employees Of the bank.
Directors Pay Large Sums.
'The directors cannot discharge the
duties incident to their ONCE by hold
ing meetings at rare intervals and lin
such perfunctory matters as electing
officers; and for failure to attend meet
ings, even though residing at o dis
lance, the directors may be held liable,
and they cannot shield themselves from
liability by pleading ignorance Of trans
actions IN which they did not partici-
pate, when their ignorance is a result
Of their negligent inattention.
1.-THE defense offered Of not attend
ing meetings is common one. One ex-
ample Of this character IS very wildly
impressed On my mind-that Of a dis
ttnguiShed United States Senator and
now dead, whom admired and liked.
When told by the controller that he
was to be sued on account Of directors
liability, he was astounded and took the
| position that since he was attending
to his duties In washington he could
not attend meetings of the directors;
| that he had had implicit confidence
| in those who were running the bank,
and it was not his fault. He was sin
cere in his contention, but by his own
admissions made out a case against
himself. We ventured the opinion that
unquestionably many people had de-
posted in the bank because he was on
the board, and they had confidence In
him, and he had violated that conf
dence by paying no attention to the
business. He left the ONCE with the
remark that he would not pay o cent.
He never did, for he died after the
suit was filed, but his estate paid.
at Is the duty Of the controllers of
nee when national bank has failed,
and there is sufficient cause, to collect
for the depositors on the directors la
bility. Often failure of the bank means
the financial failure of the directors,
and there Is nothing to collect, but
1t may be noted in the last three years
we have recovered for the depositors of
failed banks from this source over
2,400, 000"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-01
COTTON IS STEADY
AT SMALL ADVANCE
Opening Declines Are Offset q
Trade Buying and Cover.
ing Appears.
BY the Associated Press.

6y the Associated FTeSS.
NEW YORK, February 28.-An OPEN
ing decline in cotton under realizine
and some selling on the easier SHOWING
of Liverpool and weakness in Alex
andria, was followed by rallies on trade
buying and covering today. May con-
tracts after selling of to 1928, or {
points net lower, rallied to l1.37 and
closed at 11.36. The final tone Of the
market was very steady at net advances
Of to points.
The opening was steady 4 to 6 points
lower and the active month sold about
Z to 2 points net lower during the first
few minutes under pront-taking OF
nquldaton. This seemed to be COM
bined with little Southern and local
selling which was probably promoted
by. the showing Of Liverpool, unfavor-
able trade reports from Germany. and
an idea that the more urgent demand
from the trade had been supplied earlier
in the week.
Trade buying appeared to be in the
market around 11A cents for Nav,
however, with part of it attributed to
japanese Int rests, and after early offer
ngs had been taken, prices rallied on
continuation of this demand and week
END covering. March contracts sold up
from 11.02 to lib and October from
lila to 11.s8 and closing quotations
were within a point or two of the best.
Gable advices from Liverpool said
that continental buying and trade call
ing had been supplied by Bombay sell
ing, and selling influenced by the weak
ness OF Egyptian cotton. The SPOT
quotation for Indian cotton in Liverpool
showed a decline of 16 points.
Reports from the domestic goods
market indicated that business had been
rather less active than during the previ-
Gus week, but had probably covered a
wider range Of goods.
Futures closed v:ry steady, to 8
points higher: March, 1113; May, SO
a11.37; July, 11.60a11.61; October, 1877
all .88: December. 1906; January, 1919.
Spot steady. middlinp IL %
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-01
MIDWEST HOPEFUL
OF TRADE RECOVERY
Approach Of Spring Accompanied
by Better Feeling in Bust
ness Circles.
Special Dispatch to The star

Speclal Dbpatcn 70 Inc star.
KANSAS CITY, Mo, February 3D.
While the oldest inhabitant recalls no
Winter with so uniformly high a tenn
perature, the psychological effect Of
Springs arrival, now at hand, Is al
ways helpful.
HopefulneSs in business is based on
the ground that improvement in prices
Is more likely than further declines,
the price level of products of every
sort being 80 to so per cent Of those a
year ago. This would be more logical,
however, If the commodities which the
farm country must buy were more
closely in line with farm market prices.
While the disparity in the two lines of
war defiat,on, 1t was overcome by the
rising markets for products later.
The need today is for a better bal
anced price structure to accelerate the
exchange of goods and to stimulate
consumption. Spring may produce this
to some degree, but students of condi-
tons see comparatively small change
In prospect for the immediate future.
Loans Of hanks in the Southwest
show q decrease from q month ago
due to the enormous movement of
wheat from the farms. This market
ing has assumed almost an after-har-
vest proportion as a result of the peg
ging of old crop grain by the grain
sterilization corporation, the farm
board agency. 1t is probable that ac-
tive selling will continue unless the
new crop, now doing very we'll, receives
q sharp setback. Likewise fed cattle
are going to market and though prices
are not making the feeders money.
they are returning a fair payment for
the foodstuffs compared with the open
market. At least 10 per cent less cat
tie were fed In the corn belt than last
year, which ought to have an effect on
the market, and cattle men claim II
would do so were retail prices for
meats in line with the livestock mar
ket' ,ooDyr,rb,, 1881,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-01
NEW MANAGER COMES
TO RALEIGH HOTEL

John r. Letton, managing director Of
the Williamsport Hotel Co., assumes the
resigned to go to the Roosevelt.
Mr.. Letton went to Pennsylvania from
the Belvedere In Baltimore. He Ii q
member of the board Of directors Of the
Capital Tours Association and has taken
special interest in the development Of
the Susquehanna Trail. He is menu
Der of the Rotary and many other clubs.
It is understood that the Raleigh
plans to expend large sum in the near
future IN redecorating and refurnishing
the hotel.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-01
.SHORT-TERM LOAN
TOPAY BONUS SEEN
Wall Street Expects Treas
ury to Finance Obligation
Without Difficulty.
specinl plspatch 70 The star.

NEW YORK, February 2s.-When
Wall street comes down to business on
Monday it will probably know the
method and the terms Of the treasury
financing required to refund the ST.
loo, 900 900 of ga per cent notes ma
turing March Is and the cash require
mentS of the soldiers certificate loans.
Investment houses and institutions
that specialize in Government paper
were preparing today to receive subcrip-
lions for the different kinds of treasury
securities to be offered. They anticipate
a heavy demand, especially for the
short-term obligations. In spite OF the
pessimistic talk that has been heard
for several weeks regarding the effect
ON Government credit Of the IMPOSE
ton Of an additional amount Of Gov
eminent loans on the market, there Is
q strong inquiry for short-term paper
from institutions and corporations that
have abundant idle funds and wish to
maintain these in as highly marketable
a condition as possible.
Wall Street Predictions.
The general understanding today was
that the treasury financing would be in
90-day treasury notes, nine months to
one year treasury certificates and the
remainder in 10-year or 15-year bond.
The proportions of the three types of
Government paper will depend some
what on the volume Of applications for
the certificates of Indebtedness and for
the treasury notes. It Is believed that
the larger part Of the loans win be
for the shorter rather than the longer
period.
Recent financing by the Government
has been in the form Of short notes
which have sold around a ! per cent
basis. Certificates due the middle Of
June, or 30 days from the time the 81
per cent notes mature, are now quoted
between Il and 12s basis.
There Is possibility that certificates
of indebtedness running from six
months to IL months will be offered as
a coupon rate around 11a per c.nt. This
compares with a rate on deposit In
New York clearing House banks of /
per cent.
The amount of the long term portion
Of the loan Is expected to be $500, 000, 900
at q minimum, or about one-third Of
the total new financing TO be nego-
tiated.
Coupon Rate.
Judging from the action Of other
Government paper Of the same kind,
it Is believed this long term obliga-
ton could be sold successfully at q
coupon rate Of 3N per cent. The
Treasury 3%s with an optional ma
turity in 1913 were quoted today at 101
and those which may be called in 1910
were slightly under that figure. One
Of the embarrassments of the Treasury
in the present situation is the prospect
of heavy falling of in income tax
payments on March IS. According To
ENYla authorities fhoco VVaou IAa ont
down as much as so per cent from the
amount paid in on the first inStallment
last year.
Copyright, 1879
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-01
ADVANCE In COPPER
PRICE is PREDICTED
Metal Market Becomes Firmer
Following Steady Pickup
in Sales.
BY the Associated Press.


NEW YORK, February 28-Strength
was added to the copper market today
with reports that leading producer
had sold the metal in the domestic
market at 101a cents pound, deliv-
cred, an increase of one-quarter of q
cent a pound.
Heavy sales of the metal in the ex-
port market and fair demand for do
mestic delivery during the past week
had caused offerings of copper at 10A
cents gradually to disappear, and the
trade expected q price advance.
Copper circles also regarded as bull.
ish export and import figures an
nomced by the American Bureau of
Metal Statistics. These figures showed
United States imports Of unmanufac-
tured copper last month dropped to IT,
433 metric tons, against 81 1895 in De-
cember and 22,844 in November Ex-
ports of refined copper from the United
States increased to $4,000 tons last
month, as against PATIO tons in De-
cember and 81 ,478 in November.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-01
Oil Firm to Expand.

NEW YORK, February % P.-The
Mexican Petroleum Co. has agreed to
take up all of the unsubscribed COM
mon stock of the Petroleum Heat &
Power Co. not acquired by stockhold-
ers through the exercise CT their war
rants in the new financing plan re-
Gently proposed. Through this financing,
the company WIN have $2,U00,000 Of
new funds. Warrants will be issued TO
stockholders Of record February az and
win expire March IS. They afford the
privilege Of subscribing TO additional
common stock ct $A.l0 . sharA
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-01

POTATO MARKET.

CHICAGO, February % Up GU. s.
Department Of Agricultural Potatoes,
100 cars; on track, 274; total u. S.
shipments, 822; dull; trading rather
slow; sacked, per hundredweight, Wis
shade higher; ungraded, 1l0a1 20:
Idaho Russets, No. i, mostly 1.50, few
1.55; No. 2, 1.20a1 rs; fair quality, lilo
ai.l5; Colorado McClures, fancy brand
ID l.00a1.66; fair quality l.SQal.3A,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-01
PARIS BoURsE PRICES.

PARIS, February 20 R).-Prices
moved irregularly on the Bourse today.
Three per cent rentes, SO francs so
centimes. Five per cent loan, l0i francs
so centimeS.
Exchange on London, 123 francs SO
centimes. The dollar was quoted ct
2S francs SIX centimeh
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-01

this increase at this time is confined al
most exclusively to seasonal trades,
while the non-seasonal group Is prac-
tically unchanged. For the first time,
some trades show improved employ
ment, including the glass, leather, food
stlzfE& end hak indMsEieA
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-01
SILVER QUOTATIONS.

NEW YORK. February % Rl.-Aaz
liver. ais. -.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-01

Foreign exchange rates Continue 70
oscillate dangerously near the export
gold points, indicating that the fresh
inflow Of foreign funds which was ex-
pected after the contamination of the
French credit has not matsrialized.
Unemployment on February is totaled
1891 900. The increase during the first
half of the month was $1,000 almost
exclusively in the seasonal trades. The
percentage of unemployed trade union
members rose In January from 31.8 per
cent TO 34.5 per cent, members working
on short time rose from 1853 per cent
to lsa paE cent II n Interesting that
The Northwest enterprise. [volume] (Seattle, Wash.) 1931-1952, 1931-04-30
MY Name S Brown
BY Alberta W. Walker

the EAST Side pool with the air Of po
off, NAKED 9y the Fr counter sd and @ oo E
She, reluctantly laid down and ndeenty opened the
va got"-he twenty-five brand The girl
@Humph" deep rown face He reached into the
case and selected large fat ONE stripped OF It's wrapper bit oil
my names Bro he M int The girl po Rad eS drew m
handful Of silver and paper money Searching over he finally
tables surveying the in
Bob stood hand let out bowling n a m
to Tate The who stood watching offered compliment
nodded Whipped this the fortieth time He
Pretty good said then added iovially,
remembering should have kept forty minutes
which walked over the
: P:%o s Ps;1af here. SAID . sss.a
Who's that fellow playing the piano."
Him? He's Jack Bailey He here now and then when
St Louie last fall Ever been in St Louie9"
ns q washington "sss though ss 81 m M.1 qs this spring when
The music SDped just then Bailey called to the man oyer
The man walked liked over a to the no and hin, for asked
Brown as soon the music stopped.
@ ss' as sS1S%
warming he walked over
s little i his
sell gay and ID so @ sky for dusk
A deep escaped he slowly to
his the buttonea his walked
the pool tables toward the his head slightly bowed
The girl with
roundfaced policeman who stood the stand and the
nther his hip apparently enjoying unseengy bumped
akimbo knocking resting deep
appeared instant
recognition.
Hello, said when did back"
nodded, trying himself,
mi line
behind
She smiling Brown.
he continued. This fellow coffroh
Yeah. that's grinned Brown The il smiled
The policeman called him. "If
a laughed
noticed drZzng
lifted
The Northwest enterprise. [volume] (Seattle, Wash.) 1931-1952, 1931-04-30
Republicans Worrying Over Negro Vote

WASHINGTON, D. C.-The pro-
blem of holding the Negro vote is
giving the Republican party great
deal of anxiety as the time for the
Presidential primaries approach and
plans are being made for the next
Presidential election.
Robert H. Lucas, executive d.
rector of the Republican national
committee, believes that the Negro
Us additionally Republican. He
realizes, however, that strenuous eff
forts are being made from time to
time to coax him away from the Re-
publican party and that there is
some detection among the Negro
vote.
State Leaders Worry
Mr.. Lucas is not the only Repub-
lican anxious about the Negro vote.
The party leaders in the States hav-
mig large Negro votes, in which the
Republican party suffered severe re-
verses in the last congressional cleo
tons, are equally anxious.
These party leaders are ready to
resist every effort that has for its
purpose the Turing of the Negro vote
from the Republican party.
An aggressive campaign will not
be made at this time to check any
abandonment of the Republican par
ty by its colored adherents. Rather
The Northwest enterprise. [volume] (Seattle, Wash.) 1931-1952, 1931-04-30
NA.A.C.P. To Defend
8 Convicted Boys

NEW YORK.-The National As
ISOLATION for the Advancement of
Colored People, today announced
announced that its National Legal
Committee has been at work on
plans for the defense of the Negro
boys sentenced to death in Alabama
after a hasty trial, on a charge Of
alleged assault upon two white girls
who had been travelling in a freight
car.
Stephen R. Roddy, attorney on the
scene, has been retained by the N.
A.A.C.P. in the case, and the Ma
tional Legal Committee in New York
is awaiting the transcript of the
record in the trial so that appeal
plans may be carefully made.
Particular care has been taken in
the case thus far to Law all possible
grounds for successful appeal and
new trial for the boys who, it is felt
throughout the country, are being
framed" and railroaded to what
would be legal massacre if it took
place.
Inquiries are pouring in on the
National Office of the N.A.A.C.P.
inquiring about the status of the
boys case and it promises to become
one of the most sensational legal
battles ever fought in behalf of the
Negro in the South.
The Northwest enterprise. [volume] (Seattle, Wash.) 1931-1952, 1931-04-30
True Ideals

The true ideals of any people call
for pure liberty and simple justice.
Liberty and justice are not magical
terms, the whole world has an intel
ligent concept of its meaning. We
colored people in America know
the true meaning of liberty and jus
tice and way down in the heart OF
every straight thinker there lies
embedded the hope and desire for
the realization of these pure Ideals.
The American colored man cannot
content himself with less. He can
not be oriented into accepting grace
fully and peacefully status involv-
ing less.
The National Association For The
Advancement Of Colored People
centers it's fire on segregation and
discrimination because disciples of
the true liberty know that segrega-
ton and discrimination enthrall and
enslave the mentalities and leave
men thinking and acting like slaves.
Other schools of thought advocate
the half-loaf, claiming that it is bet
ter than no loaf at all. To reach
such conclusion it must be decided
that it is utterly impossible to gain
and secure true liberty and justice.
If liberty and justice we're unattain-
able in this world life would not be
worth living and there would be
nothing left in finite creation to
contend for. The ideal of the col
ored man must include liberty and
justice and it cannot accept less.
The actual progress of the colored
race in America will begin when
the apostles of Jim Grow and segre-
cation are dethroned. When they
are, then confidence in ourselves
will be instilled, determination will
supplant doubts, fears and forebod-
ings. The poverty that curses us
will be wiped out as intelligent
massed action eradicated feeble
vacillations and ignoble timorous-
ness. The world is changing. Up
rising and rebellions are rocking the
foundations of society, plutocrats
and autocrats are being cast down
with startling frequency. Autono-
mics are being wrecked in the ter
rible course of human liberty. Re-
publics rise all around us. Spain
breaks over the traces as only twelve
monarchies survive. The people cry
for liberty and will aceede to moth
ing else. We alone, cast down by
the smothering leadership of weak.
willed men, refuse to see the light.