davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-24

Rediscount Charges Have
Kept Pace With Increase
!, In Other Directions.
BY CHAS. p. SHAEFFER,
Associated Press Business Writer.

With the last month or so money
rates have been adjusted upward to
more nearly normal level.
In this period the rediscount rates
have been adjusted upward to a more
nearly normal level.
The rediscount rates Of II Of the IL
Federal Reserve Central Banks have
been increased from their exceptionally
low levels to 81 per cent, with the sin
gle exception of the Richmond MEM
Der which maintains a rate of 4 per
cent. Minneapolis alone remained I'M
changed, but this was because her rate
of 312 per cent was not touched in the
cutting that became general in other
parts of the system.
Recent changes. it was intimated at
the Treasury, we're made more to stem
the outward flow of gold from this
country rather than to meet additional
demands of business. The unusually
low rates maintained by the central
banks since the latter part of 1929
failed to stimulate business expansion
in the degree anticipated, while little
material help was rendered the bond
market or long-term investments, as
surplus funds have, in a majority Of
cases, remained idle or found their way
into short-term paper.
Other interest rates have followed
the trend established by the Reserve
banks. Commercial paper rates have
risen to per cent, or double the level
OF month ago. Prime bankers ac-
ceptances eligible for rediscount at the
central banks, have risen from per
cent to per cent. In like measure, the
demand for gold by foreign central
banks has been an important factor
in these rises.
Prevailing averages are held to be
insufficiently high to retard business
demands, but at the same time will
enable banks and banking institutions
to realize some profit on their trans
actions. which was almost impossible
under the artiflcially low rates pre-.
vailing some months ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-24
BANK EXPANSION PLANS
O.K.'D BY STOCKHOLDERS

BY ,he Associated Press.
NEW YORK. November 24.-Stock-
holders Of the National City Bank OF
New York have approved the plan for
acquiring assets and business Of Bank
of America. National ASSocia M As
Senting stockholders Of the latter will
receive six-tenthS of share Of Ma
tional City stock and 40 cents in cash
for each share of their Bank Of Amer
lea stock.
National City's capitalization is 10 be
increased from $4,000 900 to not
more than Sl24.000.000.
Charles E. Mitchell. chairman Of
National City. said that more than 95
per cent of the Bank of America stock
had been deposited. Current earnings
of the City Bank, he said, were very
satisfactory.
Earnings for the first 10 months. he
reported. were lust about what they
were last year" and he thought the
years total would be fully as large
as for 1890.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-24
CONSTRUCTION RECEIPTS
FOR RECLAMATION GAIN
1881 Collections Amount to $4,-
1851, or an Increase of 81
266, 1868 Over Last Year.

The Interior Departments Bureau of
Reclamation said in a recent report
that construction collections during the
fiscal year 1881 amounted to $4,337,-
611.14, an increase of $1,266,863. as
compared with the fiscal year 1880.
Repayments of operation and main
tenance charges amounted to $l,327,-
O5328. a decrease of $199,575.96 as
compared with 1880. However, this
reduction is due mainly to the general
lowering of operation and maintenance
costs, as the total delinquency as Of
June 80, 1881, is only $29,515.78
greater than it was for the same date
in 1880. Total payments for the fiscal
year amounted to $7,409, 1884 and
disclose a substantial increase over the
fiscal year 1880 of 1896, 051-57.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-24
DIVIDENDS DECLARED

NEW YORK, November "a C49.-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-24
November Lows.

NEW YORK, November "a (SpeciaD.
While the bulk of the new low prices
so far this year were those of October,
there have been in November ll6
stocks that have sold under the low
quotations previously made in 1881.
This represents between IS and 20 per
cent of the stocks listed. The new lows
are most numerous in the railroad
group.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-24
Voluntary Wage Cut Considered.

BALTIMORE, November % Especially.
Organized employees of the Baltimore
& Ohio Railroad Co., other than train
men, are considering a voluntary wage
reduction. Oficials of the road ad-
nitted this was true. but have nothing
further to say Oh the subject at the
present time.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-24
COAL PRODUCTION.
az the ASsoeiated Fress.

BY me ANoOtIH.VU FINhb.
Production OF bituminous coal
dropped off sharply during the week
ended November a as compared with
the previous period. Total loadings. for
comparable weeks, follow, as calculated
by the United States Bureau of Mines:
Week ended November IA 7,553,000 tons
Previous week ..... 1890 900 tons
Same week last year. 80. 9,7l8,000 tons
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-24
CHICAGO DAIRY MARKET.

CHICAGO. November % Up).-But-
ter. 1894 tubs; steady, prices un-
changed. Eggs, 4,092 cases; steady,
prices unchanged
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-24
WASHINGTON STOCK EXCHANGE
QUOTATIONS AND DAYS SALES
SALES.

SALES.
Washington Gas IS "B"-S300 at l02l "a,
5000 at 1921, 5000 at 1921
at 96i2.
AFTER CALL,
Washington Gas IS "A"--s100 at 1909.
Bid and Asked Prices.
BONDS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-24
RIGHTS-EXPIRE.

RIGHIS-EAPl1E.
1% Il Elec Po&It Dec So u II
Sales of Stocks New York Exchange.
1880 AM......... 100000 1900 100000
1870 PM........ 100000 2:1O PM........ L 100000
payments latest quarterly hafyary declarations
xExdividend. nan tPartly
Paid last regular
in
h special preferred Plus
n m regular Plus So in
p 2faes
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-28
End of New York Turf Seen
Unless Conditions Improve

attendance at all tracks, due, In q large
measure, to the exorbitant demands Of
politicians, legislators, county and city
officials for free admission badges.
The New York tracks, deriving no
revenue from betting, are trying to COM
pete Aith pari-mutuel tracks in Illinois
Maryland and Kentucky in offering rich
stakes and liberal purses. Big stable
owners prefer the pari-mutuels to the
oral system for at least three reasons
more money in stakes and purses, the
placing of wagers or commissions with
great facility and the suppression Of
turf sharks.
Belmont Park, the finest race course
in the world, is losing money again
this year. The daily gate receipts aver
age all the way from $1,000 to $4,000
less than the expenses.
The end Of racing here Is predicted
by responsible sportsmen who visualize
ruin unless some relief can be obtained
in the form of legislation. What kind
Of legislation? Not o law that will re-
vive open bookmaking in public betting
rings, but measure that will determine
the right of an individual to make q
cash bet on q horse race or written
memoranda with money as q guaranty
Of payment, to be handed by q player to
layer.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-28
ALL BUT 2 OF 40 CARS
FASTER THAN 100 M. p. III.
Competition for Chance at 100000 Prize Money
Never Has Been Keener Than for 5OOMile
Grind at indianapolis Saturday.
ny the Associated Press.

~ the Associated Press.
r INDIANAPOLIS, May 28.--Auto-
mobile parts were scattered all
over the garages at the In
dianapoliS motor speedway to-
day as starters in the 500-mile
race to- be run Saturday were
given their final thorough inSpec-
ton.
Most of the drivers-among them the
worlds most famous pilots - merely
looked on as their mechanics reached
into the power plants to make certain
that everything was in correct ADJUST
ment. A few put on jumper suits and
gave their mounts personal attention.
All Of the cars were due for short
run on the track some time during the
day to check carburetion, shock abb
sorbers and performance at the speed
each has set for himself during the
long run. The track was to be closed
ut pm. for its annual chemical bath
70 remove oil and other hazards.
Drivers will not be permitted on tie
rough old course again until after their
meeting late tomorrow afternoon with
the race officials, at which time they
will be given final instructions. Fol-
lowing that session, the men will be
permitted on the track for few min
utes and then must put away their
cars until race day.
Qualification and elimination trials
began last Saturday and ended yester
day, and out of them came the fastest
field that ever won places in the start
ing lineup Of 500-mile race. Thirty
eight OF the 80 gasoline powered cars
averaged better than 100 miles an hour,
the exception missed the century mark
By only a fraction of mile an hour.
The fortieth car in the race Is the
Cummins oil-burner, which qualified at
e6.S71 miles per hour 1t had only to
do 30 miles an hour under the rules,
while the gasoline-motored type had to
attain q minimum of 30 miles per hour.
Never before in the history Of 500
mile race has the competition for a
chance at the 100000 prize money
been 50 keen. Six cars that had bet
tered the minimum qualifying speed
were eliminated by faster entries.
-Four Of the successful entries have
I6-cylinder motors. Thirty others will
get their power from the eight-cylin-
der type that has prevailed In number
for years over all other type engine. Six
others have four cylinder motors.
The qualification trials disclosed that
part-stock cars have been speeded up
considerably since last year. Ten OF
the starters Saturday will be part-stock
There viii be only four front drive
speedsters, among them Billy Arnold's
winning mount of last year, which he
again win pilot, and the first racer Of
that type, introduced in 1925.
Veterans Of years race driving and
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-28
Memorial Day Automobile Race Field Is "Fasest EUer =
20 YEARS AGO

nRESDENT TAFT defeated Gen.
Edwards and Maj. Butts In .
GOT match yesterday ct Chevy
Chase Club.
Reeve Lewis yesterday won the
Presidents Cup in the closed Chevy
Chase Club golf tournament, de-
feating @. p. Downey after the lat
ter had eliminated Nicholas Long
worth in the semi-final round.
Engle pitched Mount st. Marys
to q Ga diamond win over Gal
laudet.
Commercial National Bank nine
defeated First National, IL to q.
Hines, Moore and Lynn were some
OF the winners players. Bailey,
Burnside, Hartley, Solomon, Gait.
Brooks and Anderson were the
losers performers.
Potomac Boat Clubs junior eight
Dared crew defeated Analostan Boat
Clubs combination In the feature
race Of the Potomac Clubs annual
regatta yesterday on the Potomac.
Potomac's crew comprised H. l..
Boesch, e. A. Quintard. e. G. Nc
Donald, J. r. Kehoe, Z. j. Hough,
w. P. Hoppe, G. r. Parker, l.. j.
Midlovich and John Mckinney,
coxswain. Analostan's crew included
". West, L. Coombs, Phil Garnett,
Dick Daniels, Orville Drown, L.
Greene, D. williams, Capt. r. Mid
dleton and Charles CONN, coxswain.
Charles Wagner was the indi-
vidual star Of the regatta.
Billy Sitterding pitched George
town nine to q 6-3 win over Rock
Hill College.
Washington College surprised by
trimming Maryland Aggies on the
diamond ut CheStertown, to 5.
The Eastern "Sho" team knocked
Duckett, starting pitcher, from the
box.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-28
TENNIS FINAL SUNDAY
Frazier-Hills and Martinez-Sende,
to Play City Mixed Doubles.

The mixed doubles tennis teams of
Corinne Frazier and Maj. J. Hunting
ton Hills and Mrs. Ruth Martinez and
FREDERICK Sendel, victorious in semi
final matches yesterday, will clash Sun
day at o'clock for the City Of Wash
ingtcn title at Rock Creek.
The Fra1er-Hills duo swept through
the semi-final round by defeating Clara
Tabler and Bert Decker. Ga, 6-3.
Mrs. Martinez and Sendel eliminated
Alice Rose and Maurice O'Neill, 60,
40
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-28

hole five puts on successive green's
Of from 6 to IL feet.
Yes, keep the chin back Of the
ball and In close to the body on all
shots, even making sure that the
head Is cooked q bit to the side 50
you appear to lcok at the ball out
of the left eye. Jones does 50.
Many golfers are continually ask
ing Sol Metzger Why can't make
my approach shots stick on the
green?" Metzger has answered this
question In his new leafiet, THE Art
of Pitching" II you wish this leaf
let, send stamped, addressed enve-
lope to Sol Metzger, In care Of this
paper.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-28

youngsters who are just beginning TO
make names in the speed world will
pilot the cars Saturday. In the class
of nationally known drivers are Billy
Arnold, Russell Snowberger, Shorty
Canton, Leon Duray, Louis Meyer, Babe
Stapp and Ralph Hepburn. The up-
Bill Cummings. Francis Quinn, West
Coast sensation last year, and Billy
VIM,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-28
Pointers on Golf

The other day q fine amateur
golfer, off on his putting, was told
that, unlike Bobby Jones, he was
not keeping his chin back of the
ball in strcking through Playing in
q four-ball match later I saw him
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-28
KING PIN NO. 2 QUINT
WINS ON TOTAL PINS
Chestnut Farms Is Runner-up in
Business Mems League.
Logan High Man.

King Pin No. 2 bowlers, on total
pins, annexed the King Pin Business
Mems League championship when IL
finished in three-way tie with Chest
nut Farms and Pi Kappa Pi.
Arthur Logan was high average man,
with a pace Of 112.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-28
BY JOE villa.

n YEw YORK, May 2s.-"Within
the next f1ve years the New
u York race tracks will be forced
to close their gates If present
conditions are not improved"
This startling assertion was made to
the writer Wednesday by one of the
influential members Of the Jockey Club.
who has unselflshly supported the turf
as a stakeholder and steward for many
years and knows what he is talking
about.
On several occasions lately the writer
has pointed out certain evils that slowly
but surely are undermining the racing
game in this State. One is the oral bet
ting system, which has encouraged
wholesale welching, because the posting
of cash at the moment OF placing a
wager is supposed to be a violation of
the law. Another is the dwindling paid
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-28

ny the Associated Press.
r INDIANAPOLIS, May 28.--Auto-
mobile parts were scattered all
i over the garages at the In
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-28
Final Team Standing.
Season Recnrha-

High team game-Olympians $40
Hish team set--Olympians, ITO.
High Individual gane-W. Smith. lH.
HiSh iin ndiIia sew Smith. 400.
High strikes-Staley, 81: J. Poulos, ST.
High spares. Poulos, 247
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1931-06-25
FERNDALE NURSERY
ERADICATES NEARBY
BLISTER RUST PLANT

L. B. Ritter, state blister rust con-
troll leader working with State Forest
Service in cooperation with U. S.
Department of Agriculture. came last
Thursday morning and spent several
days in the Askov community super
vising the eradication of wild cur
rants and gooseberries within 1900
feet Of the northeastern block of Fern
dale Nursery.
This work was done to comply with
a ruling of the state nursery inspector
to the effect that all nurseries in the
northeastern part of the state growing
white pine must maintain a 1900 foot
zone around their nurseries or around
that block wherein white pine is
grown, free of currants and goose
berries. The purpose of this ruling
is to insure the production of white
pine nursery stock free from blister
rust.
White pine blister rust is disease
caused by the growth of parasitic
fungous plant on the leaves of cur
rants and gooseberries and in the
inner bark of white pine trees. Spores
(tiny seeds) produced on the infected
white pine in the early spring are
windblown for great distances. These
spring spores will terminate and grow
only on the leaf of currant or goose
berry. Fall spores produced on the
infected currant and goOseberry BUSH
es during the late summer and the
early fall will terminate and grow
only on white pine. The fall spores
are small, delicate, thin walled cells.
AS result they are not able to in
feet pine any great distance away
from the currant or gooseberry bush
on which they were produced.
Under ordinary forest conditions the
disease can be controlled by the era
dication of currants and gooseberries
in and within 900 feet of a white
pine stand. The European or Guilt
waited black currant is very suscep-
tible to blister rust and will infect
white pine for distances up to one
mile. Minnesota nurserymen do not
grow this variety and under gov
eminent regulations it can not be
shipped into the state.
Though Pine county produced some
of the finest white pine lumber sawed
in Minnesota as a result of logging
and fire only few hundred acres of
white pine is now to be found in the
county. Wherever stand of white
pine is found in the county with any
number of currant and gooseberry
bushes growing in it blister rust is
also found. The greater amount of
this white pine was protected from
the disease the past summer.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1931-06-25
ASKOV JUNIOR TEAMS
DONATIONS TOTAL $35

After adding up the various amounts
donated to the American Legion base
ball team of Askov, it was found that
total of $35 has been received.
While this will help toward paying
for the new uniforms, considerable
yet is needed and anyone who has not
contributed and who desires to add
to the fund is invited to give small
amount to Conrad Christensen who is
looking after the team. Those who
have already given and the amount
given by each are as follows:
Chris Eriksen, $1.O0; Lawrence Jen-
sen, SOC; Mrs. Thora Eriksen, soc;
American Publishing Co., s1.O0; A. w.
Conaway, $1.OO; Emily Jensen, $1.00;
Joseph A. Zoller, $1.OO; Alex Madsen.
$1.O0; Alta Clausen, SOC; Lauritz Pc
tersen, 75c; Paul N. Frokjer, Soc
Carl Strandvold, 35c; Sigrid jensen
SOC; Ray C. Jensen, $1.OO; Hjalmar-
Petersen, $1.OO; Werner B. johnson,
SOC; Svend Petersen, 45c; Alfred Mel
sen, $1.00; T. w. Hansen, $1.OO; Anna
c. Yngve, SOC; Celia Johnson, soc.
]. P. Sorensen, $1.0O; Harold Dietzz
soc; ]. L. Madsen, Csc; First State
Bank, S1.00; Askov Mercantile Co.,
S1.0O; Louis p Jensen, $1.OO; ]. C.
Jensen, $1.00; Thorvald Andersen, soc;
John Thinesen, SOC; T. A. Cross Store,
$500; Standard Oil Station, $1.O0; J.
X. Hyldahl $1.OO; and Askov Bakery,
$500.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1931-06-25
ASKOV

Albert Krogh went to Rock Greek
the first of the week to work on
farm.
Miss Eline Clausen left Tuesday for
Minneapolis, where she will seek en-
ployment.
The Episcopalian Guild of Hinckley,
was entertained at the Manford Nelson
home yesterday afternoon.
Thorvald Sorensen left Tuesday for
Minneapolis to attend the annual two.
day convention of Minnesota co-opera-
tive oil companies.
Edwin Sorensen and Leonard Frahs
started out on vacation trip yester-
day up along the north shore Of Lake
Superior and into Canada.
T. A. Cross and Arid Hansen mo-
tored to Blackjack Friday in the for
mer's car. Arid is remaining there
for two weeks visit with friends,
while Mr.. Cross returned to Askov
Tuesday.
Miss Gudrun Andersen, who is en-
ployed at the public library in Des
Moines, Iowa, came here yesterday
for a few days vacation at the home
OF her parents, Mr.. and Mrs. Emil
Andersen. Previous to coming here
she had been on a trip through the
Black Hills of South Dakota.
Mrs. Lars Christensen, the Rev. A.
E. Frost, P. p. Kilstofte and Carl
Eriksen left the first of the week via
a northern auto route for Greenville
Mich, to attend the annual national
convention Of the Danish Evangelical
Lutheran Church of America which
convenes there from Tuesday until
Sunday, this week. The two latter are
delegates from the local congre cation.
Otto Jensen helps Clarence Morgen-
sen occasionally at his oil station. Mr..
Morgensen continues to improve the
appearance of the place and has
added some modern conveniences for
his customers. The last few days he
has installed an overhead free air
post and a high pressure greasing
outfit. The building was given its
final coat of stucco this week and
now the final coat of paint is being
applied to the woodwork.
Friends and neighbors, old and
young alike, from far and near, gath
cred at the farm home of Peter Her
mansen Monday evening to help him
celebrate his birthday. The official
date was Sunday, June 81, but on &C
count of another social gathering in
the neighborhood on that date the
annual event had to be postponed a
day. The postponement, however, did
not depress enthusiasm, as everyone
apparently enjoyed the evening.
Many of the visitors had not seen
Mr.. Hermansen's beautiful rock gar
den before and naturally admired it
very much. A close check-up revealed
that there was about so people pres
ent.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1931-06-25
CATTLE MARKET
WORKS LOWER
All Glasses Sell Mostly Is to Csc Low.
er Under Heaviest Run Of Year;
Hog Market RegainS Most of Week
end Loss; Lambs Sell Steady to
Strong.

(By u. S. Bureau Of Agricultural Eco.
Monies and Minnesota Department Of
Agriculture.)
South st. Paul, Mimi, June %, 1881:
The heaviest run of, the year. was Of
fered in the cattle division and in
line with outside trends most classes
worked Is to Csc lower, the maximum
downturn applying to palmer cows
and matured steers. A part load of
yearling steers reached $500, mixed
yearlings SITS, best heavy steers
$3.50, with bulk all weights on down
to $3.50. Strictly dry cows sold largely
at $500 to $5.25, palmer kinds to
$3.50, heifers mostly $5.25 to $3.50,
few yearlings to $3.50, while cutters
centered at $3.50 to $3.50, with bulls
mostly $3.65 down, light kinds $500.
quality considered, good and choice
grades turning at $500 to $3.50, bulk
$500 down.
A broad shipping demand together
with decreased marketings made for
a fully Csc higher market on, butchers,
WILLIE SOWS 1 ulSu zoe dIlu Ill SpOIS QUO
up. Better 14O to 21O Id. averages
sold at 1928 down to $6.75, 26O to
1926 lb. weights 1925 to $6.75, heavier
kinds to $500 and below. Sows were
uneven, bulk scoring at $5.25 to $3.50,
with extremes Csc either way. Pigs
sold at $7.25 to $3.50.
A steady to strong market ruled OH
lambs, while yearlings sold sharply
lower, ewes holding unchanged. Bet
ter Dakota lambs sold at $6.75 to SITS,
natives S6.25 to $7.25, throwouts $500
to $3.50. Yearlings sold from $500
to $4.75, aged wethers down to $500,
fat ewes down from $3.50 to $1.OO.
Feeders and Suckers.
Most of the cattle run was made up
of very plain lot of stockers and
feeders and consequently the actual
25c decline looked even more from a
paper standpoint. Few thin stockers
sold above $5.75, while the bulk turned
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1931-06-25
HINCKLEY

The Hinckley Juniors will play ball
with Mora June 25, at Mora. A crowd
should go with this little team to lend
support as they are playing very
clean game. The battery will be Geb-
hart and Rape.
Mr.. and Mrs. L. w. Brown and
daughter, will leave Sunday for New
York, where Mr.. Brown will enter
Columbia university for the summer
session.
Mr.. and Mrs. Swendson entertained
their friends at dance in Dempsey's
hall recently. A large crowd attended
and everybody reports a good time.