davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-08

There have been some great names among
those of the Governors of New York, and
distinguished place among them will not be
denied to Gov. Seward. The summary Of his
various services made at the unwilling of the
statue on bright and guSty October day by
Mr. Evarts complete and truthful, although
naturally eu!ogistic Mr.. Seward emf
nent figure during the most disturbed epoch OF
our politics, yet he was always leader with
his pen rather than with his tongue. As an
orator, indeed he was not magnetic or inspiring,
and his finest speeches were carefully written"
SIMoN CAMERON, for while Lincoln's Sec
rotary of War was born In Maytown Lam
caster County, Pa, March 8, 1899. He was
one of the many printers who left the case to
become editors and political leaders. He sue
ceeded James Buchanan in the Senate, where
that gentlemen resigned in 1045 to become
Secretary of State in the cabinet OF James K.
Polk, and when Lincoln assumed office Mr..
Cameron resigned his sea n the Senate to
cast his lot with the inst Republican adj
miniStraton.
WHILE Simon Cameron was serving as Sec
w rotary of War he resided at the northeast
corner of and Fifteenth street, the site later
occupied by the Hotel La Normandie.
His diplomatic post was evidently not to his
liking, for he resigned it the same year he was
appointed ana AGAIN cuBdSCu AL poheACS, was
later returned to the Senate where he remained
until March IL, 1877, when he resigned and
his son. James Donald Cameron-Secretary of
War in Grants second administrations elect
ed to succeed him Don" Cameron, as he was
generally called resided in the old Tayloe
house, No. 81 Madison place, which was built
by Benjamin Ogle Tayloe in 1923. Here resided
Presidents John Quincy Adams, jackson, Will
liam Henry Harrison, Taylor, Fillmore and
Buchanan, and here visited Lords Napier.
Ashburton Lyons and RadstOck. who were q
few Of Mr.. Tayloes most intimate friends.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-08


of Mr. Seward who gracefully-aS he did four
years later-accepted the will OF the party and
did all in his power for Lincolns election and
for the success of his administration. as well
as that Of President Johnson. Above all other
things, Lincoln and Seward were In hearty
accord over the saving of the Union, willingly
sacrificing everything If need be toward that
end and after the death of the former Seward
continued at the head Of the State Department
until 1869, when he resigned, and 1t was In
1867, during Johnson's administration, that he
negotiated the treaty by which Alaska was
ceded to the United States for $7,2OO.0OO In
gold, the State Department then being tenn
porarily housed in the orphan asylum bnilding
at the southeast corner of Fourteenth and s
streets northwest, now remodeled and used for
automobile purposes.
THE exact date this vast territory was turned
over to the United States was October 49,
1867, when the Russian flag was lowered from
the flagstaff in front of the governors resi-
dence at Sitka, and the United States flag
raised amid firing of cannon.
In 1865, when President Lincoln was assassi-
mated, desperate attempt was also made by
Lewis Payne to kill Secretary Seward, who
was then convalescing at his residence in
Madison place, the east side OF Lafayette
Square, then known Fffteenth-and-a-half
street, the site OF the building now oelng
occupied by theater.
1t was a historic old building even before
Seward made it his home, having been erected
in 1881 by Commodore John Rodgers 1t was
a very spacious dwelling and required more for
its upkeep than its owner felt able to pay.
After Rodgers relinquished the house it became
a fashionable boarding house. for time being
kept by Mrs. Latimer. William c. Preston,
United States Senator from South Carolina;
Trusten Polk United States Senator from Mis-
souri,; William L. Marcy, United States Senator
from New York; Henry Clay and John G.
= Calhoun lived there at various times. o7f
= uiuueg ahlTqS %ev!t2 70 N7oiofc ~ daiisa
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-08

~ HE cabinet of Abraham Lincoln dur
ing his first administration was
composed of an unusually able and
brilliant set of men, naturally Sc
lectad with the utmost care because
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-10
YIELD ON STOCKS
NOW 7.29PER CENT
Recent Advance in Market
Has Reduced Income Re-
turn, Moody's Says.
Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, March 10.--AS q result
of the spirited advance in stock prices
during February, the average yield on
the 37l cash dividend-paying common
stocks listed on the New York Stock
Exchange registered a sharp decline
from 8.29 per cent on February 2 to 729
per cent on March 2, it was announced
by Moody's Investors Service.
The yield at the beginning Of this
month is the lowest recorded by
Moodys since August 90, 1880, when
an average Of TIA was attained by the
entire group.
The large number of dividend
changes in February exerted additional
influence in reducing the average stock
yield, Moody's states OF IS dividend
revisionS last month, IA were decreases,
were increases and in cases the
dividends were omitted. Because Of
the reductions the number of yields of
ID per cent or over dropped from IS
in February to 18 in March.
due to the extensive dividend cuts
since the first Of the year, the arti-
flcially high yields are now a relatively
unimportant factor in determining the
average the analysis points out
The downward movement in yields
over the past month was widely dis
tributed over the individual groups of
stocks, with yield declines for SO groups
and advances for only 3. Decreases
were especially pronounced among ag-
ricultural implements, building, chem
lcals, copper, miscellaneous mining, au-
tomoblles, motor accessories, oil, rail-
road equipment, steel, tires and to-
bacco (other than cigarettes). Divi-
dend reductions were a significant
cause Tor lower yields in the motor, oil
and railroad equipment groups"
Despite the improvement in stock
prices as reflected in average yield de-
creaSes. Moody's considers current
stock yields still attractive in COMPARE
son with those prevailing most of the
time during the last IL years. Yields
since 1919 are given as follows:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-10

2% Pac Gas & Ell Mar SO "a 2zA 2&
"a 2M Sou Cal Ed. APR 20 sc 2Ts 234 2N ga
Sales Of Stocks New York Exchange.
1880 AN. 500 900 1900 / 500 600
1880 PM...... 100000 Z:10 P.M........ 2 400 600
Dividend given annual
81
stock sPaysble IN scTlD iplus s in stock
Psyabe p in cash or stock Plus sc in
regular rate n Plus in uock. - - - '0 -
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-10
DEMAND FOR MACHINERY
Is REPORTED FAVORABLE
Special Dispatch to The star.


NEW YORK, March 10.-A. fairly
even demand, still distinguished by the
lack Of purchase-order signatures,
marked machinery and machine tool
trading in the country's markets for
the past week, American Machinist re-
ports. The industry is going through
slow warming process, with increasing
inquiries providing the fuel.
New York machine tool sales are
holding about even, with inquiries,
quotations and prospects gaining.
Philadelphia dealers anticipate early
commitments from railroads and ship
yards. Chicago machinery inquiries
show decline, with sales holding even
Grinders are moving actively to auto
motive interests and the University of
Chicago is getting ready to buy its list.
Detroit reports spotty machinery
orders, while general business continues
its improvement. Reports from Cleve-
mad show a. better volume of February
sales. Current lists in that district are
from the Dayton Airport, the Canton
Steel Co. and several rubber concerns.
Oh deTS reported are from electrical
appliance, automobile, accessory and
rubber tire manufacturers and machine
shops
Inquiries continue to advance in the
New England district Cincinnati has
orders. Others are holding about even,
with selling agents busy developing
prospects. Markets in the Southern
district at last show improvement,
though heSitancy still rules.
Milwaukee reports a slight improve
ment last month. Schools there now
have lists out, with General Electric and
other electrical buyers expected to re-
lease lists shortly. Buffalo'S used-tool
demand is principally for small lathes.
Other business there is slowly improy-
ing.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-10
INVESTMENT BOND
MARKET IS STEADY
New Issues Absorbed With
out Affecting Firm
Price Trend.
BY F. H. RICHARDSON.

Special Dispatch to The Star.
NEW YORK, March 10.-Where a
few months ago the issuance of nearly
$200.000,000 of new bonds, no matter
how high their investment character,
would have been sufficient to set the
bond market back, today's dealings re-
dected a different Interpretation. The
investment market took the faith of
the bankers in its power to absorb such
a large amount as an accomplished
fact and prices held firm or strength
ened all along the line.
A new $75000,0 900 issue of New York
Central Az per cent refunding and i'm
provement mortgage bonds due 2O13
and priced at par, went to shade
premium after dealings were opened,
and $50, 100000 of Pennsylvania Rail
road Az per cent General Mortgage
bonds due 1881, offered at $751;, went
to Il point premium. Of a total of
$66,OO0,000 Port of New York Authority
IA per cent bonds due 1888 to 1860
and priced to yield 3I2 to 4.22 per cent.
according to maturity, $50 900 900 were
reported sold after the first hour.
There was slight tightening in the
money market owing to Treasury with
drawals to meet soldiers bonus loan
checKs, but 1t neither caused an adj
vance IN time rates or had any appre-
cable effect on high-grade domestic Sc
curities which ordinarily f1uctuate in
response to the money market.
"A renewed upward surge of foreign
dollar securities was feature of to-
days trading. Some interpreted the
declaration of the Bank of Information
al Settlements that it would support
with its own funds the resumption of
long-term international credits as her
aiding new period when New York
would become world export point for
capital. 1t was intimated that numer-
our foreign long-term issues would be
heated here within the next 60 days
A more sober view of bankers and bond
dealers, however, is that the resump-
ton OF foreign financing here will be
slow and new issues will have to be
priced attractively to regain favor with
the American investor.
Meanwhile, however, houses with for
eign connections and a host of opera
tors believed the foreign news good
enough on which to base an upturn in
dollar bonds and the whole list was
pushed vigorously up to and beyond it's
previous high level for the year. This
move was most evident in securities
which had in past weeks suffered the
widest declines.
Obligations of the South American
republics with the best credit ratings.
such as Argentine, Chile and Brazil.
gained l to points Antioquia rs of
various maturities added l to 2 points
to their recent gains. Tolima Is, ennis
sions of one of the departments of
Colombia, jumped 8 points. Lautaro
Nitrate IS gained 2 points Obligations
d the coftee-growing state of Sac Paulo,
Brazil, rose fractionally.
European credits were led by Ger
man government 51as and German Cen
trail Bank issues to new high ground
for the year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-10

common share earnings 1928 against
National Supply of Delaware 1880
common share earnings on average
number of shares outstanding, $5.25
against $1148 In 1929.
NeiSner Bros, Inc, common dividend
omitted; paid 40 cents January /, 1881.
New York Central Railroad to build
$l5,000,000 warehouse on lower West
Side, New York City; offering of COM
mon stock right to stockholders may
follow sale Of $75,000,00 bond issue
New York Merchandise 1880 common
share earnings $l.92 against $4.45.
Northwest Engineering 1880 common
share earnings 1884, against $4.82.
Peoples Drug Stores February sales UP
Al per cent; two months up 7.6 per
cent.
Pittsburgh Forgings 1880 common
share earnings $1.52, against $2.38 year
ended october 81. 1929.
Sally Frocks February sales of 1.9 per
cent, two months of 81 per cent.
Strauss (Nathan), Inc, February sales
up Is per cent; two months up 10.1
per cent.
Texas orporation-Superior Court
decision in favor of operating subsidiary
gives that company, as lessee, absolute
control OF leased properties, including
right to curtail production; holds over
go per cent of Indian Refining stock
Timken Detroit Axle 1880 common
share earnings 81 cents, against $1.27.
Ulen Co. 1880 common share earnings
$3.07. against $4.43.
Van de Ramps Holland Dutch Bakers,
Inc, takes no action on common divi-
dend; paid 371a cents January 2.
Waldorf System February sales off AZ
per cent; two months of ST. per cent.
Yellow Truck & Coach Manufactur-
ing-General Motors Truck g. Coach of
Canada reduces truck prices $25.
Youngstown Sheet & Tube operations
up per cent to 40 per cent of capacity
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-10

common share earnings cents VS.. 81.
Chicago 81 Northwestern Railway
president forecasts smaller February net
operating income.
Consolidated Gas of New York COM
pletes arrangements for interchange of
power between systems Of New York
Edison, subsidiary, and Niagara Hudson
Power.
Eastern Rolling Mill 1880 deficit
s320.955 vs.. net income $500, 625, equal
to S2.48 common share in 1929.
First National Stores sales, four
weeks ended February 81, down per
cent.
Foster Wheeler Corporation 1880 COM
mon share earnings $6.37 VS.. 1924.
General Motors Corporation-Buick
retail sales up IT per cent from jan
uary and per cent above year ago.
General Steel Castings 1880 common
share earnings. l cent.
Grand Union February retail sales
off Al per cent; two months, of 30
per cent.
Gulf Refining reaches agreement
with Universal Oil Products regarding
use of Dubbs cracking process.
Ley Erred To & Co. declared 3715
cents quarterly common dividend, not
so cents, as reported previously; former
ly paid rs cents quarterly.
Illinois Bell Telephone January gross
of 25 per cent; operating income off
1871 per cent.
Illinois Pipe Line to cut crude oil
runs to about so per cent of recent av-
erage.
Interstate Department Stores Febru-
airy sales up 80 per cent; two months,
up 81 per cent.
Iron Fireman Manufacturing 1880
common share earnings, $500, against
$685..
Jersey Central Power & Light 1880
combined preferred share earnings,
$20.98, against $18.32
Kendall Co. 1880 deficit, 1898 ,851,
against net income, $557,4l5, equal to
81 cents common share in 1929
Mackay Co.'s 1890 common share
earnings $7.56 against $7.36.
Manning, Bowman g. Co. 1880 deficit
&161 600 against net income $173,396
equal to $1.21 class B share in 1929.
Mesta Machine untitled orders Deem
Der 81, $7,150,6l6 against $500 ,231 yeal
previous.
Midland Steel Products operating al
10 per cent, 90 per cent over February
National Distillers' Products 1885,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-10
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, March 10.-The fol-
lowing is summary of important cor
poration news prepared by the Stand
ard Statistics Co., Inc, New York, for
the Associated Press:
News Trend.
Following the excellent reception
given the large Treasury financing last
week, today saw the largest railroad
financing for any single day in the
$50, 100000 Pennsylvania Railroad and
SITS 100000 New York Central offerings.
Another Offering by the port of New
York authority of $66,00o,000 increases
the total for the day to over $170,000,-
900, an extraordinary figure.
Announcement of completion Of ar
rangements between New York Edison
and Niagara Hudson Power for inter-
change of power between systems Is
considered of unusual interest in the
public utility field. Power sources OF
each system are such as to furnish ex-
cess energy at separate times of year, a
circumstance that allows benefit TO be
derived from such interchange.
Last weeks index of automobile pro-
duction shows another increase, to 81 1
from 500 for the week ended February
%, and $50 for the week to February
81. A year ago the index stood at 1854
Recent increases in production sched-
ules account for the gain shown, and,
on the same basis, continued increases
in these schedules which have been
reported should presage further gain in
production.
The Companies.
American Hardware common share
earnings, year ended January /, $1.14
VS.. SSH year ended January /, 1929
American Woolsn 1880 deficit $4,897,-
E84 VS.. deficit $4,228,I9l In 1929.
Canadian Fairbanks Morse 1880 COM
mon share earnings $298 VS.. S6.48.
Celanese Corporation Of America 1890
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-10
Steel Ingot Production.

NEW YORK, March 10 (P).-Dow
Jones & Co. reports steel ingot produc-
ton in the Chicago territory has in
creased to 58 per cent of capacity
against SIS per cent last week. No addi-
tional blast furnaces have been fired
but open-hearth output is heavier. In
land Steel Co. started five sheet mills
at the Milwaukee works, the first time
these units have been in operation this
year. Heavier buying Is reported by
sheet producers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-10
Rail Track Shipments.

NEW YORK, March 10 R.-Track
work shipments for rail track of so
pounds per yard and heavier increased
in February to 6,321 net tons from ST.
626 tons shipped in January. The to-
tai, however. was considerably lower
than the 12,524 tons shipped in Febru-
airy of 1880.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-10
METAL MARKET.

NEW YORK, March 10 P).-Copper
quiet; e!ectrolytlc, spot and future, 10A
a101a. Iron quiet, unchanged. Tin
quiet, spot and nearby, 27.20; future,
27.5O. Lead steady; spot New York,
AGO; East st. Louis, 435. Zinc steady;
East st. Louis, spot and future. 4.O5.
Anthony, 705a710.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-10

London has keep young" move
ment
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-10
Washington Stock Exchange
SALES.

SALES.
Washington Gas 5s-3l 900 at l04,
$1,000 at 104, $4,000 at 104J4, $500 at
10414, $1,000 at 104H.
Washington Gas IS "A"-SI00 at 1919
Washington Gas os 'B"-S200 at 1O4.
Capital Traction Co-10 at 361a, l at
35S4, 5 at 361s.
Potomac Electric SIX % pfd.-2 at ITO.
Washington Gas Light at 125.
AFTER CALL.
Mergenthaler Linotype at 81.
Capital Traction 5s.-S2,000 at 8lIb.
$4,000 at 8112, $500 at BIZ, $1,000
at 815s.
Capital Traction Colo at 1914.
Rid anI A.lzI d.:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-10
NATIONAL BANK

Amer. Security & Trust Co. lO $40 3
Continental Trust (6)...... ia
National Saw. & Trust (l2t) 444
Prince Georges Bank & Trust. %
Union Trust 1851. ............ EOS
Wash. Loan & Trust t14). 436 4
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-10
NEW YORK STOCK EXCHANGE
Deceived BY Prvatw DEeeto star

wire Direct to The Star once.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-10
GRAIN STOCKS ON U. S.
FARMS ARE ANNOUNCED

By the Associated Press.
Stocks of grain on farms March / in
the principal producing States were an
nounced today by the Department OF
Agriculture as follows
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-10
STOCKS.
PUBLIC UTILITY.

Amer Tel. & Tel (e).....I.... 1891
Capital Traction Co: o.. 3es 81
Norfolk & w. Steamboat (12I. 1870 235
Bot Bot E Elsc Power e. pig IL il3
Wash. Rwy. & E!ec com. d.. AIS 100.
Wash. Rwy. & Elec. pfd. o.. 9734 SO
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-10
id and Asked Prices.
BONDS.

Barber Z Ross; Inc, 6Ias..... 90 -.
Columbia Country Club 5las... 100 i0iM
Y Rash P Mft c a5E Storage S. g ,5SS
Wash. Cons. Title IS . ... -. 100
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-10-01
You Remember To Read This Page You Can't Help Forgetting To Worr
CLASSIFIED
Rates and Rules

Advertisements win To accepted
over the phone from those having
regular charge accounts. Other
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lace all advertisements under n
roper classification. and reject un-
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ate. In other part Of paper reader
ates apply.
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fter II n brought % their atten-
on. All Advertising orders are ac-
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Telephone No. 8 and dictate your
advertisement to an experienced
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CLASSIFIED ADVERTISING
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Legal notices ic per word each In
sertlon.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-10-01
LEGAL ADVERTISEMENT

Sedan, Serial No. l09995, License
No. f8-8275. Engine No. All06l7.
For the causes set forth in the
libel now pending in the u. >.
District Court for the Southern
District OF Texas, at Brownsville.
Texas. I hereby give notice to all
persons claiming the aid described
Hupmobile Sedan, or knowing or
having anything to say why the
same should not be condemned and
forfeited. and the proceeds thereof
distributed according to the prayer
of the libel, that they be and ap-
pear before the said court, to be
held in and for the Southern Dis
trict OF Texas. at the United States
court room. in the City OF Browns
vile, on the nth day OF October.
1881. at 10 o'clock on the forenoon
Of that day, IL the same shall be
a day OF Jurisdiction. otherwise on
the next day OF jurisdiction there
after. then and there TO interpose
a claim for the same. and to make
their allegations In that behalf.
II. r. L. TOOMBS
". 8. Marshal Sou. Dist. OF Texas.
BY II. n. JEFFERDS
Deputy.
10-l-lt-4l69
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-10-01

has returned home, where she Is do
ing nicely.
Mrs. B. Flag was here the last u
the week from Alamo.
j. B. Cross and family, Ration, v.
Mex, were in the Valley and Mis-
sion Saturday.
MI. and Mrs. r. l.. Harmon were
here from Henryeta, Okla, Saturday.
j. D.. Tally was here on business
Saturday from San Antonio.
MI. and Mrs. M. j. Moran Of A.
bany, N. Y, were local visitors the
last OF the week.
A. j. Newton and son Of McCook,
Neb-, were here recently.
Paul Norton and wife came in
from Uvalde Monday Tor a visit with
his father, <. II. Norton here.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-10-01
LEGAL ADVERTISEMENT
NOTICE OF DISSOLUTION OF
PARTNERSHIP

Notice is hereby given hat the
partnership between w. o. Heinze
and r. w. Pitts. both OF Browns
vile, Texas, doing business under
the firm name OF Star Electric and
Engineering Company, was dissolved
on the fire. day OF october, A. D.
1881.
All debts due 10 the said part
nership are TO be paid and those
due from the same, discharged at
the office Of the Star Electric and
Engineering Company. 439 10th
Street, in the City OF Brownsville,
Texas. where said business will be
continued by r. w. Pitts under the
firm name Of Star Electric and En-
cheering Company.
VIM o. HETNZE
r.. w. PITTS.
l0-l-S-l5-22-4t-4l70