davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-06

sues which were brought out months
ago, 50 that today an improvement in
sentiment would present the problem to
them OF having o scarcity OF goods to
sell, especially those of highest quality
1t Is not probable that railroads will
be IN the market for new capital for
some time, as they have large amount
OF IDLE equipment and few plans for
important extensions to their present
facilities. Such money as they need.
they are now borrowing in the form of
bank loans.
The public utilities have been the
largest factor again this year in the
market for new securities Their Dor
rowings in the past eight months were
SO y per cent below those of a year ago,
with 40 per cent Of the new securities
issued by them for refunding purposes
Under present conditions there is prac-
tically no new capital going into real
estate operations, or at least into Sc
curlties OF the type that were offered
freely to investors in the five-year period
prior TO 1890. It is months since any
finance company has had the courage
70 present new stock or bond for pub
Lie subscription.
The large iron and steel, motor, oil
and equipment manufacturers have
been making only moderate demands
cent months, after fair amount of
activity from these sources in the early
part Of the year.
Foreign Financing.
Foreign financing of a long time
character Is, of course. out of the
question for months to come. The
present demand for municipal bonds
and the growing discussion Of increased
income taxes are likely to lead to more
State and city issues later in the year
At the November elections in 1880, over
$405 100000 Of new issues were au-
thorized by various political bodies.
The absence of overhanging amounts
OF corporation securities and the likeli-
hood that few new issues will be
brought out this Fall has already
helped the Government in the prosecu-
ton of its program of long term loans
as reflected in the oversubscription Of
the 100000, 900 Of 3 per cents, and it
gives leeway for further loans of
similar character which will be neces-
sary to meet the requirements of the
Treasury next December.
(Copyr1Hht 1917
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-06
Commodity Price
Trends of Week
BY III. n. McGILL,
Editor McGill Commodity Service.

Editor McGin Commodity Service.
AUBURNDALE, Mass, September s.
During the past week commodity prices
were weak, as evidenced by the fact
that not one group showed an upturn,
while IL declined and 8 remained sta
tionary. The declines, however, were
practically all fractional, and the aver
age for all commodities remained above
the low point established in June.
Industrial.
Practically all the gain Of last week
was lost by industrial commodity prices,
due to weakness In all groups except
fuels. paper and ferrous metals, which
remained the same. There Is no EVIL
dence of any change for the better in
the industrial situation. Production OF
iron is the lowest since 1921, steel out
put continues at very low level au-
tomobile production declining and ac-
tivity In building lines is also low. Con-
ditions in the shoe industry and an in
crease IN manufacturing activity OF tex
tiles, including cotton, wool and silk,
are the bright spots. These do not have
enough effect upon the total business
activity to show any upward trend. A
forced curtailment of output Of petro-
leun is producing the desired result and
the average daily production during the
R0OU
Foreign economic conditions seem to be
gradually improving With reduction
In the discount rate by the Reichsbank
and with England's immediate financial
dif6culties alleviated by stable loans
by private banks in this country and in
France, the way is paved for better
conditions.
Agricultural.
Aorin,,lfIfrol YoYipos continue their
downward trend, yet the rate of decline
in the past week was not as great as the
seek before. The Government reports
St1ut crop yields are now becoming
pretty we'll known and generally speak
ing are abou. average. The great trouble
seems to be in reduced purchasing pow
er of those taking our SURPRISES, low
prices and heavy carry-overs. The crop
reporting beard has summarized the re-
ports of farmers IN regard to the IN,
tended acreage of Winter wheat and
finds that there will be about IL per
cent reduction. The Farm Board is
apparently coming to believe that the
unmc Tested law Of supply and demand
is the best remedy for the agricultural
situation. Carl williams. member Of
the board, announcing that the board
does not intend to purchase any cotton
or wheat this year says that the board
American people have discovered that
continued purchases in the face Of over
production are not remedy for the
agricultural situation. He says that cot
ton stocks have accumulated in the
world for over four years and wheat for
over six years. and that although ST.
bilization Is valuable in the face Of
temporary seasonal SURPRISES. 1t Is not
worth anything in the face Of continued
overproduction.
Hides and Leather.
One of the three groups to show more
than q fractional decline was hides and
leather. due to weakness in oak leather
and calfskins.
Building Materials.
Due to the decline in the composite
figure for lumber, which reached o. low
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-06
LUMBER TRADE FIGHTS
RAILROAD RATE BOOST

BY the Associated Press.
The lumber industry opposes the plea
Of the railroads for q Is per cent rate
increase on the ground 1t is unable to
carry any part of the burden involved.
Appearing before the Interstate Com
merce Commission, Wilson Compton,
secretary of the organized industry
submitted series of analytical charts,
supplemented by explanatory argument
designed to show increased lumber
rates could neither be absorbed by the
industry nor passed on to consumers
because Of ineScapable economic and
competitive factors.
He also contended an increase not
only crippled an already Impoverished
and chaotic industry" but would de-
feat the carriers purpose. forcing fur
ther curtailment of timber rail traffic
or diversion to competitive carrying
systems and consequent loss of revenue
by the roads.
Mr.. Compton told the commission his
industry is surviving through liquidation
OF capital assets at a loss.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-06
STREAM OF EUROPEAN
MONEY COMING HERE

Special Dispatch to The Star
NEW YORK, September 5.-A steady
stream of European money is going into
American securities. and there will be
more as industries prove their stability,
according to Ross j. McClelland Of the
stock exchange firm of Tucker, Anthony
&; Co., who recently returned from
three-month visit to the chief European
financial centers. Mr. McClelland, who
is in charge Of his companys foreign
business, formerly was chief engineer
Of Electric Bond g. Share Co.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-06
ARMY AND NAVY NEWS
Army.

Army.
The project for the development of a
caliber so tracer bullet which will
change color after the bullet has trav-
eled 900 yards has progressed very sat
isfactorily. Preliminary tests at Aber-
deem Proving Ground of sample lots de-
signed to change color at 900 yards
gave excellent results as to functioning
and range. but the exact proportions
OF the mixtures necessary to effect the
change of color at 500 yards have not
however, is purely matter Of varying
the amount Of mixtures, and 1t Is rea-
sonable to predict that this project
will be completed within q very short
time.
Capt. John B. LaGuardia, c. E., @
June graduate of the Command and
General staff School. Fort Leaven-
worth, Kans., has arrived in Washing
ton and has been assigned to duty as
assistant to the chief of the miscella-
neous civil section, office of the chief
of Engineers.
Installation is now being made Of
sound motion picture equipment on
vessels Of the entire naval service
The special appropriation made by
Congress Of 1892 900 for this equipment
was sufficient for the purchase of only
half the number required to outfit the
service and it was necessary to call on
various ships and stations for financial
assistance in carrying through the prof.
ect. = The total amount thus obligated.
plus that appropriated by Congress was
the basis upon which the Navy Depart
ment determined the number and types
Of equipment which could be purchased
and for which the contract was let. In
this connection, the high cost of the
large type I. class A sets made it neces-
sary to acquire an intermediate and
less costly type 1. class B equipment.
The limit of satisfactory projection for
ratus is 10 feet, and that for type II,
portable equipment, is so feet.
Delivery of type I, class B apparatus
began last month, and it is expected
that delivery of type II will commence
the latter part of October.
Two courses Of instruction. both be-
ginning about January l, will be given
at the Washington Navy Yard From
two to four members of the Naval Es-
Enlistment will be assigned to undergo
the long course in optical instruction,
the duration of which is six months.
The Navy department also will order
from two to four chief gunners Of the
Navy or gunners to the Navy Yard for
a six-month course of instruction in
diving. Those completing the course
will be assigned to duty on submarine
rescue vessels. the U. s. S. Holland or
to submarine bases.
Lieut.. j. B. Dow. u s. N, has been
appointed to represent the Navy De-
partment on the Sectional Committee
on Radio of the American Standards
Association to fill the vacancy created
on that committee by the resignation
from the Navy of Lieut. Comdr. T. A.
M. Craven. U. S. N. Lieut.. Comdr DON
aid c. Goodwin, who has been on duty
as navigator of the u. S. S. Nevada.
will come to washington for duty with
the Naval Examining Board.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-06
Motion Picture Earnings.
By the Associated Press.

During the last month a large num-
Der of corporate earnings reports have
been issued for the first half OF 1881,
indicating that earnings OF movie inca
tiers were trailing last year by approx
mately 80 per cent.
This return compared favorably with
industry as a whole, which, on the basis
of reliable calculations, recorded profits
of about A per cent less than Tor the
corresponding period Of 1880.
Trade opinion charged q major por,
ton Of the decrease to the continued
low public income brought about by
unemployment. Contributing factors
were said to BE- drop Of Is per cent In
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-06
TOBACCO PRICES.
By the Associated Press.


RALEIGH. N. c.. September 5.-New
bright belt tobacco markets were closed
today. Figures for the first weeks sales
(including Thursday, as released by
sales supervisors, show price averages
on most markets 81 to 50 lower per 100
pounds than last year. The average
at Goldsboro. however. was 80 cents per
100 higher than for the first week last
season.
The sales and average price per hun
dred pounds on the principal markets:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-06

point not equaled since March Of this
year, building materials also showed
more than q fractional decline.
Live Stock.
The other group recording more than
a fractional. decline was live stock, due
to hogs, sheep and lambs. Cattle was
slightly higher.
Most Important Price Changes.
McGill weekly commodity price in
dices 1925, 1907:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-06
NEW YORK BANK STOCKS
YIELD TOPS 5 PER CENT
BY the Associated Press

BY Ihe ABSUCIdItu PTeSS,
NEW YORK, September 5.-New
York City bank stocks sold on an aggre-
gate yield basis of better than per
cent during the past week, according
to the dollar index figures compiled by
Holt, Rose & Troster. With the ex-
ception of June 2, the general level of
prices was at the lowest point of the
year. Based upon closing quotations of
September Is leading bank and trust
company shares were selling at 172
times known earnings, compared with
IT'S a week ago. The current yield of
SOL per cent compares with 400 per
cent a week ago and 5.S1 per cent June
2, 1881.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-06

attendance as compared with last year
and reduction in admission fees.
Wall Street economists contended
movie interest was at low ebb, be-
cause of advertising tactics. 1t was
claimed in this connection that often
times inferior reels were forced on the
public through a fanfare of publicity
usually reserved for only the best films.
Producers we're considered as Disgusting
an actual scarcity of good reels.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-06

Not to be outdone by the men of
Dublin, Irish Free State, who agreed to
wear silk hats at all chief events during
horse show week, leading women Of the
city got together and adopted a new
mode on the lines Of the male topper"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-06
Wine Extinguishes Fire.

When firemen tried to extinguish
large farm fire on Gambia near Ancona,
Italy, recently they were unable to
obtain water. They connected their
standing in a cellar and put out the
flames in a short time.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-06
EARNINGS REPORTED.

NEW YORK, September (P).-Per-
share earnings of corporations report
ing this week, with comparisons with
last wear include:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-06

Dividend given the
tPsrtly extra tPlus AZ in stock lPlus
regular rate Payable in
80 in stock Plus az Plus
in special preferred Plus year
no Plus Sc in stock Plus 2a % stock.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-06

Thieves recently broke into the po-
lice station at Chelsea, England, and
rif1ed the till.
The Washington times., 1931-04-08
HOWARD TUTORS
VOICE PROTEST

Aiming to air their grievances
before the board of trustees meet
here next Tuesday, the faculty of
the Howard University Medical
School met last night in the audi
torium Of the medical school and
considered seven specific objec-
tionable items that have arisen
out of the recent dissension at the
institution.
These subjects were discussed:
To restore the rights and privi-
leges which the faculty enjoyed
until the incumbency Of the pres
ent administration; to discuss and
propose substitutions and amend
ments to the regulations govern
ing the medical school; the dis
regard of the rights and preroga.
tives of heads of departments in
the matter of personnel and curri-
culum.
The ignoring Of seniority and
efficiency in appointments and
promotions; the overemphasis of
the school heads in making the
medical school a school of, re-
search instead Of a school for the
training of good practitioners"
of medicine and surgery; the in
adequacy and lack of standardiza-
ton of salaries, were other mat
ters, it was decided, which should
be presented to the BOARD of
trustees,
The Washington times., 1931-04-08
PAYNES START
LONG GFL|GHT

Frederick H. Payne, Assistant
Secretary of War, and Mrs.
Payne hoped off from Boiling
Field early today in a trimotored
cargo plane on the first leg of
a flight to Panama, where an
inspection of Canal Zone activi-
ties will be made.
Plotted by Lieuts. Frederick
Kimball and Louis E. Merrick
the party will stop at New Or
leans tonight, and tomorrow will
proceed to Brownsville, Tex.
The route will then follow Tam
plco, Vera Cruze, Minatitlan and
Tehuantepez, Geronimo and Ia
pathula, Mexico. The plane will
leave Mexico at the latter city
and make Guatemala City, Man
aqua, David, Panama, and then
10 France Field in the Canal
Zone. The party will reach France
Field April Is.
After a weeks inspection the
party will return over the same
route and may possibly visit Mex
leo City. Major William r. Cru.
yer, now in the Canal Zone, prob
ably will accompany the Assistant
secretary and Mrs. Payne on
the return flight. In addition to
the Assistant Secretary, his wife
and pilots the plane is carrying
Master M e h a mic Sergt. Leo
Huklll and Staff Sergt. Charles
P. Martin.
The Washington times., 1931-04-08

For selection Of apartments consult
the Rental ListinRs in tOday's Classified
Ads.
The Washington times., 1931-04-08
ROCKNE CRASH.
LAID To BAD
WEATHER
Broken Propeller Theory Is
Discarded; Officials See
Safety in Standardization

Heavy weather, which probbaly
caused ice to form on the wings,
is now believed to have caused the
plane crash in which Knute
Rockne, Notre Dame football
coach, and seven others lost their
lives last week at Bazaar, Kan.
The aerOnautics branch of the
Department of Commerce last
night reported that an investiga
tiOn revealed that a broken pro-
peller was not the cause of the
crash, as at first believed.
Young Sees Progress
Despite the accident, Commerce
Department officials are con-
vinced that real progress is being
made toward air-navigation safety
through the Standardization OF
regulations, higher perfection in
airplaneS, and the cooperation OF
States in enacting more uniform
traffic laws.
Clarence M. Young, assistant
Secretary for Aeronautics, said
today:
with a full knowledge of
the necessity of standardiZa-
tion, the aerOnoutics branch Of
the Commerce Department, has
carefully planned its work
along well-defined and clearly
outlined courses of action.
Learn Lesson From Cars
ut employs standardization
In its establishment and main
tenance of airways, rules and
regulations governing air traf-
fic, in its requirements for the
construction and operation Of
aircraft and engines, in its
licensing of pilots and planes,
in its operation Of cOmmuni-
cation systems along the air.
ways and in nearly all its other
activities
In bringing about uniform traf-
fic rules the department has
taken a lesson from the deplof-
able lack of uniformity in road
traffic rules, which are different
for virtually all cities. resulting in
serious confusion in long distance
travel.
The Washington times., 1931-04-08
Marine Captain We'd
After Iona JOurneY
Photo by International

BETHLEHEM, Pa, April g.
Having secured a months leave
of absence, Capt. James w. Webb,
of the U. S. Marine Corps, trav-
eled all the way from Leon,
Nicaragua, to Center Valley, near
here, to wed.
His bride was Miss Frances J..
Work, formerly a resea arc h
worker with the Frederick j..
Haskin Syndicate and a resident
of Washington.
The Washington times., 1931-04-08
Russian Bal MdsqueI
Is Set for April 2OI

A Russian concert and bal
masque will be given Monday,
April 20, in the ballroom of the
Willard Hotel by a cast which in
cludes artists from the Russian
Imperial Theater. the Chicago
and Metropolitan operas.
The queen of the ball will be
chosen from women present. She
will be awarded a silver cup. An
other cup will given to the man
or woman with the most original
costume.
The Washington times., 1931-04-08

New Spring Models - in
black. navy blue and skip
per blue with black or white
trim: sizes 16 to 4s. Won
derfu' values.
The Washington times., 1931-04-08
COLOred Scout Troops
Meet in BLadensbur0

A general assembly will be held
OF the colored Boy Scouts of the
District of Columbia and the
Scouts OF Brentwood, Md, and
the Girl Scouts of Prince Geores
county, Md, in st. Paul's Baptist
Church at Bladensburg, Md, on
Friday.
James w. Childs, scout master,
will have charge of the District
troops, while Miss Nellie P. Moss
and Sandy P. Baker will supervise
the Maryland troops. Speakers
wilI include the Rev. Paul L.
Moore, Elisha E. Almond and
Miss Marion Chambers.
The Washington times., 1931-04-08
$40 FINE FOR COAT THEFT

ARLINGTON, Va, April 8
Lewis Brown, colored, Of Arling.
ton county, was fined $40 and
costs by Judge Harry Thomas in
the Arlington police court today.
He pleaded guilty to charges of
being drunk and stealing an
.overcoat from his landlady.
The Washington times., 1931-04-08
ROCKVILLE STUDIES zoNING

ROCKVILLE, Md, April g.
Mayor j. Roger Spates and the
Town Council will hold a public
hearing on zoning May IL at
the firehouse here. 1t is pro-
posed to make the new zoning
laws conform with the Metro
politan area plans.
The Washington times., 1931-04-08
JOBLESS, TAKES LIFE

HAGERsTOWN, Md, April 8.
Albert Baker, IS, a former rail.
road man who had been out of
employment for some time, com
mitted suicide by hanging in a
garage at his home.
The Washington times., 1931-04-08
Colds deserve no mercy,
VAPEx shows them none

This wartime discovery Fouts
. cold with Just q few deep
bresths
EVERY cold is treacherous. You
never know when it is going to
tear down your resistance and
leave you prey to serious ills.
No cold-even a slight one
should be neglected. For today it
is both simple and pleasant to
The Washington times., 1931-04-08
North CGrOIinidns
Nominate DeniSOn

At a meeting of the nominal
ing committee of the North Caro-
lima State Society yesterday,
Major Ely Denison was nomi-
mated for president with Mrs.
David H. Blair and Judge Hub
bard Seawell nominated for vice
presidents and Miss Jane Eliza
beth Newton nominated for Sec
retary.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-05
OIL FARLEY CALLED
HERE THIS MONTH
Major Producing States to
Seek Relief for Low Prices
in Industry.
Nv the Associated Press.

By the Associated Press.
OKLAHOMA CITY, January 5-The
major oil producing States were asked
today to join national relief confer
ence January is at Washington.
Cows. Holloway of Oklahoma and
Reed of Kansas sent Geographic mes
sageS overnight to Governors of eight
other States. urging them to send dele
cations representing both the oil in
dustry and the people to the National
Capitoi.
Expressing their belief that the dis
tressed condition of the petroleum in
6ustry has depressed agriculture and
business, the two executives said the
conference was for the purpose of
lief for this great basic industry"
Large free imports of petroleum prod
ucts from foreign fields were blamed for
most of the depression by the Governors,
who said their successors in Office cen
CURED in the call Harry Woodring
of Kansas and w. II. Murray of Okla
homa will replace Reed and Holloway
January II.
The price of oil has skidded from a
peak average price of $3.50 per barrel
during the World War to 81 GA in Okla
homa, largest producing State. Only
January l the Prairie Oil Il Gas Co,
major midcontinent buyer, cut off the
market outlet of nearly 10000 small
wells by withdrawing from the buying
field.
Secretary Wilbur of the Interior De-
partment was advised of the impending
conference, to which were invited rep
resentatives of Oklahoma, Kansas, Ar
kansas Louisiana, Texas, New Mexico,
Montana, Colorado, California and Wy
oming. There are nine other oil produc-
ing States.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-05
Staying OF PAIR LAID
TO UNWRITTEN LAW
Husband Tells Police He Found
Wife and Man Together
in His Home.
BY the Associated Press.

BY the Associated Press.
LOS ANGELES. January 5.-Frank
Hugo, IS a vaudeville musician, ac-
cused of shooting his wife and man
he said he suspected Of being her
admirer, claimed the protection of I'M
written law today while police in
vestigated the double staying which
resulted in the arrest of Hugo and
friend, John Duca, SO.
Hugo's wife, Mrs. Rina Hugo, %,
mother of two small children, and Louis
White, 30, friend of the family, were
shot to death in the Hugo home
Saturday night.
After the shooting Hugo summoned
police and told them he had trapped
the pair and had killed his wife for
being unfaithful and White for violating
the sanctity of his home.
Hugo told officers Duca had aided
by crawling through a bed room window
and frightening Mrs. Hugo and White
into a hallway, where Hugo waited
with a pistol The bodies we're found
by police in the hallway.
The fact Hugo used a .38-caliber
pistol in the Staying and 80 caliber
exploded shell was found in the hall
where the shooting occurred led
police to believe, they said. that Duca
might have taken part in the shooting.