davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-26
Saving by Budget
BY GEORGE T. HUGHES.

If we are to have money to invest
most of us will have to accumulate 1t
slowly. Now and then, of course, we
may have a windfall in the way of a
legacy or some other unexpected good
fortune, but in the natural course of
events that is the exception and not
the rule
1t is tedious business saving money
out of income and the chances are that
we shall. not get immensely rich that
way, but these articles are not for the
immensely rich or those who expect to
be, but for the average run-of-the-
mill man. For them there is no other
way to get ahead than the making
of a budget.
Right here, however, most of us
make the fatal mistake. Our budgets
are too elaborate, contain too much
detail. They are SO finely drawn that
we are unable to stay with them for
any length of time. 1t is like New
year resolutions. They do we'll for
week or two and then they are for
gotten for another year.
1t is practical. however, to allot ones
weekly or monthly stipend to the vari-
GUS essential uses to which 1t must be
put and generally to have some sur
plus, no matter how small, for saving.
~ 40 u uC LilClC dtC dAid
more of them today than in years
past, who have absolutely no margin
over and above a bare living in their
earnings. To such all that can be
said Is that granted youth, physical
fitness and a certain degree of mental
aptitude there are surely better things
ahead. Others who are more fortunate
must decide how they will use such
savings as they are able to make.
Probably the best method of saving
is to take a certain amount for one of
the compulsory payments such as the
building and loan or life insurance.
The balance should be put in saw
ings bank until the amount is large
enough to invest elsewhere at higher
return. Any extra income, whether
from securities already held or from
any other source. should go in this
same savings account where 1t will
draw interest. 1t does not make any
difference how small the sum so set
aside. 1t is the habit that counts, and
persistence will work wonders.
(Copyright, 1871
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-26
Fireworks for the Chinese.

While the Chinese have for cen.
turtles been making and using Are
crackers, they are totally Unfamiliar
with fireworks as we know them. An
Engilshman named Priestly who had
visited the country frequently for the
purpose OF buying firecrackers. UNDER
LOOK 70 remedy this omission by Civ
Ing the Celestials an exhibition ~
fireworks. As paying enterprise the
eHort was hardly a success. On the
nrst occasion the crowds refused TO
pay admission, but rushed the gates
and hlled the place. The expenses Of
the venture were considerably increased
oy the demands of various oficials
VINO hampered the show in every way
unuI tney were given money for
charity" Because of the natI,ye ~
MS business, he was constantly under
suspicion and was finally ordered "a
cease his shows.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-26

fairly steady at recent levels. with sales
of Grimes at IS cents bushel, Smoke
house go cents and Jonathan 81. JON
athan barrel pack was quoted at So.
Interest in the Eastern peach situa-
ton centers in Western New York, where
prices have been advancing in late
September for the comparatively light
supply remaining. The fruit placed in
storage is sometimes not holding up
well, but sales of desirable stock are
being made at a premium. High point
of 81 per buShel was reached for
few cars of 2-inch Elbertas in the
Rochester district, but the prevailing
price range was rs to 85 cents. The
carlot movement has barely reached
ne-third the number shipped year
ago, but movement by motor truck Is
heavier than last year, and much fruit
has been sold direct from the orchards.
Bartlett pears also show an upward
price tendency in late September be-
cause of decreasing supplies. Sales in
the Rochester district range $1.60 to
s1.75 per bushel, and many of the large
city markets quoted tops around 81
Carlot sales of Seckels in producing sec
lions held near $3.50. Kieffers have
been selling in a few consuming mar
kets around rs cents per bushel. New
York Bose and Anjou sold in Philadel-
phia at $1.25 to $1.80.
The grape harvest is getting under
way in Central New York producing
sections. CARROTS have been loaded in
the Chautauqua- Erie and the Finger
Lake districts. Wordens in 12-quart
baskets have been selling at shipping
points mostly around $50 per ton, which
Is not far from the price prevailing for
Juice grapes in bulk in California. Del
awares brought $3.50 per ton in IL
quart baskets in the Finger Lake dis
trict the fourth week Of September.
Haulings were still light, demand lin
tied and market weak Fairly steady
conditions prevailed in West Michigan
grape districts, although prices dropped
about / cent on four-quart baskets.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-26
GAMERS TO PLAN
BETTER BUSINESS
Leaders of Industry in U. S.
Will Confer on Trade
Revival.
Nv The Associated Press

BY the Associated Press
Representatives of the Nations can.
ming industry win meet in New YORK
reyt week with the objective of Gle.
ysting the lowered morale Of the busi-
ness
Faxed With huee stocks. the industry
co-oDerated in 1891 TO bring about
curtaiied pack, amounting in some
cases to so nor cent, as compared with
las year. The net result has been q
tuI her lowering of the price level UNI
Il It now parallels the prewar average.
Price indices of the Labor Depart
ment for August revealed canned
peaches selling below the prewar figure.
the index stand ng at 1876 as against
1873 in 1913. based on representing the
1875 average as 100. String beans stood
az ia last month, as compared with
1854 before the war, this product be-
Ing comparatively new in the canned
field at that time
Tomatoes were selling at index figure
9O.7 before the war. whereas last month
the average was 1911 Both corn and
peas, other major canned foods, pre-
sented a better showing. selling at els
last month, compared with 70.4 for corn
ana 6o.9 for peas before the war.
The present years pack of major veg
etables will approximate so. O0O. oO0
cases. in the opinion of the National
Gamers Association. as compared with
a total pack last year Of about 75.OO0.-
600 cases. The pea pack dropped of
from 22,000.00 cases last year TO about
l3,0O0OO0 cases in 1881. California
peaches. which constitute approximately
80 per cent of the entire pack, declined
from $4,000 900 cases to 1000 600 cases:
tomatoes are expected TO show a de-
cline OF IS per cent from the II. 600 OO0-
case pack of last year. with snap beans
on about 10 per cent from the 5000 600
cases IN 1880. Corn was expected To
snow a slight gain over the $4,000 .oO0-
case pack.
Inc Gamers Association said thera
was no overproduction In canned veges
tables this year, but neither would any
whole.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-26
BONDS IRREGULAR
IN ACTIVE MARKET
Better Grade of Domestic
and Foreign Issues
Well Supported.
BY F. III. RICHARDSON.

Special Dispatch to The Star
NEW YORK, September 26.-Bond
trading today was of highly irregular
nature, wide advances contrasting with
large declines in similar issues. Trad
ing was active. Money rates were I'M
changed, with 9o-day loans Arm at 2
per cent.
There was moderate volume of what
is known in Wall Street parlance as
good buying" in some of the better
grade domestic and foreign dollar
bonds. For instance, Southern Pacific
4!2s OF 1881, New York Central SIS and
412S-all OF which yield close to S per
cent at current prices-were being
picked up by investors. This same sort
OF support gave strength to the quota
lions for Baltimore & Ohio convertible
4l2s. Rock Island 412s and Philadelphia
Co. 5S. Other advances included. Den
yer q Rio Grande Western SIS. Dodge
Brothers IS. Northern Pacific IS and
Youngstown Sheet & Tube IS.
There were severe declines in Allie
gnany 5s, Boston & Maine SIS, Chicago
q Northwestern 434s, GOODYEAR SIS
Erie SIS, North American Co. IS and
Sicily Oil 5hs
The international group moved even
more widely. American I. G. Cheu1i-
cal 512s dropped 6 points and then
quickly recovered most of the loss
International Telephone issues were
firm. International Paper SIS dropped
points. Kreuger & Toll SIS and Inter-
national Match SIS were firm There is
a growing belief in Wall Street that
some sort Of cancellation of war debts
viii inevitably result from the present
depression and that in that case the
kreuger loans to various governments
VIII enjoy a much better position.
Canadian railway and government
bonds were weak. Loans to various gov
ernments will enjoy a much better
position.
Canadian railway and Government
bonds were weak, Canadian Pacific per-
petual As dropped another points to
a new low. Though Canadian exchange
was steady today, nervous sellers are
still inclined to let Canadian securities
go in the belief that further dips in
exchange may slide them to much lower
levels. Great Britain SIPS were firm.
So wer German rs and most South
American descriptions.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-26
Washington Produce
Butter-one-pound prints, IS; tut

Butter-one-pound prints, IS; tub,
"a.
Eggs-Hennery, sOas2; current re-
ceipts, 20a22.
Poultry, alive-Spring broiIers. 3
pounds and over, 26a2S to az
pounds, 25a27; IL to 2 pounds, 23a24
Leghorns, 22a24; hens, large. 23a24;
small. 2la22; ROSTERS, 14a15.
Dressed-Sprlng broilers, pounds
and an over, S2asS; 2 to "a POUNDS, goa
80; IL to 2 pounds, 27a28; Leghorns,
27a28; hens. large, IS; small. 81;
ROSTERS, as; Long Island ducks, 21a22.
Meats-Beef, prime, 16a16Ia; choice,
15al5la; good, 14a15; medium, 11Haa
12h; COW, 8laa9 veal top, 16a161a I;
medium, 1212a13; lamb, top, IT:
medium, 14a16; pork loins, 8 to 10
pounds, 20a2l; to IL pounds, l8a19:
IL to IA pounds, 15a16; fresh hams,
10; smoked hams, 81: strip bacon, 22a
%: lard, bulk, 9; packages, 9laa1O.
Live stock-Hogs, heavy, 5.00a5. so;
medium, 5.40a5.75; light, 5.1oa5 so; pigs,
$50; roughs, 3.25a4.25; calves, 7.00a
900; lambs, 4.00a7.5O.
NEUTRALITY-SUSPICIOUS., 15a35: canta-
loupes, Colorado fats, l35a1 so: honey
dewS, 1.75a2.00: Persian melons, 2.00a
2.75; oranges, 3.50a5 so: lemons, l0.00a
1900; lines, per 100, Its; apples. bushel
baskets, a1.O0: box stock, 2.25a2 so;
pears, 800; Seckels, per bushel, / OOa
200; 18-pound baskets, 35a50; peaches,
75a1.25; grapes, Concords, crates, 100;
bushel baskets, 75a1.o0 Toksys, LISA
200; Thompson, seedlesS, 200; pine
apples, 4.00a450; prunes, / 90; figs, $50;
damsons, two-peck baskets, LOCAL Is;
grapefruit, 5.00a5.50; bananas, LISA
$50; persimmons. 100; cranberries,
375.
Observation-Disclosures, per barrel, lisa
200; sweet, per bushel, 50a75; toma-
toes, 50a75; string beans, 50a75; limas,
l.50a2.G0; cabbage, 50a75; kale, so; spin
ach, 50a75; corn, 75a100; cucumbers,
l.5Oal rs; celery, 3.75a4.00; lettuce, Ice
berg, 300a3.25; New York, 50a1 90; car
rots, per 100 punches. 300 beets, per
100 punches, 800; eggplant, rs; okra,
two-peck baskets, 75al00; peppers, 65a
IS; squash, 50a75; mushrooms, 60a1 90.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-26
Business Notes

NEW YORK, September 26.-Manu-
facturers and retailers said today they
expected a greater volume of new office
equipment would be sold this week than
in any similar period since the business
slump began. They said that contrary
to expectations the better type OF goods
are in best demand. Companies moving
into smaller quarters are making up for
the restrictions by investing in more
elaborate Office equipment.
Recorders on vacuum cleaners, wash
ing machines and smaller electrical
housewares were received this week
from many retailers, who report an ex-
ceptional demand for electric labor-sav-
ing devices from consumers. Stores
conducting housewares promotional
events have been giving special atten-
ton to the sale of the larger pieces OF
equipment.
Inquiry here indicates that consumer
buying for Fall Is rather a Selective
process that is not likely to help mate
rally the profit showing of stores for
the period. Retail executives said GUS
toners were showing marked interest in
standard quality items at the low sales
prices being offered, but in majority
oI cases are noG eAtcnulnB Ihcu DuS
ing beyond these items. In other words,
the bulk of the turnover Is on goods
which net the stores slim profit.
Despite unreasonable weather, dry
goods wholesalers placed a larger vol
ume of orders in the local markets this
week than during the previous week
Their commitments were induced. In
part, by the fact that quick deliveries
on some goods are becoming dificult
Orders from retailers have increased
somewhat, but wholesalers said they
are not accepting all the business Of
fered to them due TO the weakness Of
| q large number Of retail credit accounts
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-26
BY JOHN L. COOLEY

NEW YORK. September 26.-The old
saw about the silver lining TO the dark
est clouds has had a rather literal sig
nificance this week.
Active speculation in bar silver,
which only a few months ago was
friendless. is following the suspension Of
gold payments by Great Britain. Flu
lures have risen more than cents an
ounce in few days.
Although silver has obviously prof1ted
by Colds temporary adversely, there is
no serious expectation in Wall Street
that England or any other country OF
financial prominence which may find
it necessary to back away from gold
will adopt the lesser of the two precious
metals as the foundation for its money
and credit It's still gold world, the
leading Wall Street bankers say, and
It's likely to remain one.
Silver Demand May Grow.
The question of bimetalism has al
ready been revived in some quarters,
but apparently is receiving little serious
consideration from banking quarters.
That issue, it is pointed out, has prob
ably had its day and the pros and cons
were threshed out years ago.
While a flight from gold does not
necessarily mean silver basis, 1t Is
felt the demand for silver may become
more active. Those who take this view
say that some peoples, particularly
those in the Far East, seeing the
confusion into which current trou-
bles have thrown the world, will be-
come even closer hoarders of silver. For
almost countless centuries the natives
of India and China have treasured the
white metal, and 1t scarcely seems prob
able to these observers that the East's
fondness for 1t will diminish, especially
| in times when hard money has an APP
peal. Rather. the reverse may well be
| true. 1t Is pointed out.
There Is a diversity Of opinion as tc
| whether other countries, especially
those doing large business with Great
Britain, win follow sterling of the gold
basis. One result, however-and there
is general agreement on this-is thai
/ the burden of the worlds financial
business will gravitate to New Yorl
during the inevitable period Of sterling'l
instability.
Return 70 Gold Seen.
Bankers stress the point that Eng
land, as she has done before, Is e1pectes
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-26
SECURITY MARKETS
END HECTIC WEEK
Wall Street Hopes Uncer-
tainty in Business World
Is Nearly Over.
az the Associated PreA

BY the Associated PreSA
NEW YORK, September 26.-One of
the most strenuous weeks in recent
financial history closes today with Wall
Street cropping through a fog of I'M
certainty, although the mistS were felt
by many to be thinning.
Temporary suspension OF the British
gold standard and wage reductions by
many large American corporations
were steps that met at least two i'm
portant economic issues, although both
decisions created new problems. The
security markets immediate reaction
was broad rally which reflected the
removal of some long-standing uncer-
tainties. In a quick reversal. however,
Wednesdays gains disappeared and yes
terday prices hoped up and down in
extreme confusion as speculative traders
Short Selling Ban.
The Stock Exchange acted promptly
to prevent generalization here following
upon the momentous week end news
from London. With all important
European exchanges except the Paris
Bourse closed on Monday, the New York
financial leaders decided to let business
go on as usual, although they provided
an important safeguard against panicky
conditions by prohibiting short selling.
The result was that heavy offerings
from foreign and domestic sources were
absorbed shortly after the Monday
opening by substantial short covering
and the market gave good account OF
itself
With Tuesdays continued steadiness
as a background, stock and bond prices
rolled upward on Wednesday, aided, 1t
appeared, by the announcement OF wage
cuts in the steel and other industries.
But the markets apparently overstepped
the limits of their strength and there
was a collapse of values on Thursday.
Firming credit rates and badly upset
foreign exchanges were prominent in
the weeks happenings. Sterling strug-
gled hard to find level, Athough 1t Is
not believed that a steady basis can be
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-26
Brokers' Comment

NEW YORK, September 26.-Broker-
age house comment today pointed to
the stock markets nervous gyrationS
as reasons for a conservative trading
policy. Some encouragement was de-
rived from yesterdays rally.
Edward B. Smith e. Cove ad-
wise further delay in adding to port
folios pending an improved tone in
the bond market, or definite betterment
of the business outlook, with its prom
Use of expanding corporate earning
power.
Clark Williams g. Co-The action of
the market during the last few weeks,
when 1t was forced to absorb a sub
stantial volume of foreign liquidation,
which it did in fairly orderly fashion,
demonstrates that it would take little
IN the way of constructive news to
restore market values of securities of
those companies who have weathered
the depression and maintained a good
financial position to more equitable
levels.
Shields 81 Co.-The best that can
be hoped for from the market for the
time being is that it will narrow down
to a dull, meaningless affair. Run
UPS under artificial technical infiu-
ences, such as yesterday afternoon, only
leave the list in more dangerous posi-
ton, and as there is little or no warn
ing of their termination are too haz-
ardous to be followed.
Redmond & Co-The situation calls
for extreme caution and discrimina-
ton, in which securities should be
Judged by intrinsic worth rather than
market action. While we feel that
statistically many Issues are still high
priced and likely to be debated further,
we see no reason for dumping securities
of corporations that are in a strong
dends by a comfortable margin. On
the other hand, We would be inclined
to restrict new long commitments until
the market has experienced a period
of comparative stability and some of
the current uncertainties have been
cleared up.
Hornblower & Weeks.-We believe
the drastic selling witnessed Yesterday.
due to an unfaYorable report which
was later denied, gave the market a
remarkable test, and we believe the
ability of the market to weather such
heavy nquloaLlon indicated the eStab-
lishment OF flrmer foundation upon
which the orderly purchase of in
trinsicaIIy cheap stocks can be made.
Hamershlag. Borg & Co.-Because
of the uncertainty of present world
conditions reflected in a nervous stock
market, we believe that commitments
should be made only on a conservative
basis and that purchases of securities
should be outright Speculative ven
lures are apt TO be upset by unex-
pected news and should be avoided
until the present period of rapid and
unpredictable developments has passed
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-26
Markets at a Glance

NEW YORK. September rs Up
Stocks-Strong; trading slackens.
Bonds-Irregular foreigners gain.
Curb-Steady; changes narrow.
Foreign exchanges-Irregular; Ster-
ing rallies.
Cotton-Lower-So Southern selling.
Sugar.Holiday.
Coffee-Holiday.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-26
New York Cotton

Special Dispatch to The Star.
NEW YORK, September 26.-Inf1u-
enced by sharp decline abroad, prices
on the Cotton Exchange lost Z to
points here today, and october made a
when compared with the previous ac-
tivity this week and the market de-
veloped resistance under an accumu-
lation of scale buying orders for trade
account. Spots were reduced 10 points
to $40.
Cotton range.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-26
SILVER PRICE GAINS AS GOLD
STANDARD LAPSES IN BRITAIN

to return to gold when the readjust-
ments incident to her recent financial
crisis have been completed. 1t Is be-
lieved the pound will probably be re-
valued at lower rate, since the post
war resto1Ation to old levels proved a
top-heavy burden What the new rate
is likely to be remains problematical
and can only be determined by the
course of economic events.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-26
Sales of Stocks on New York Exchange.

Sales Of Stocks on New York Exchange.
1880 AM......... 100000 1900 Noon.
Dividend the above table the annual
cash payments based latest quarterly haysary declara-
tons.
dividend tPartly extra. +Plus
~ in stock. fPlus Paid last regular
payable in stock Payable cash stock PLUS 80 In stock
Plus 2S special preferred stock Plus
SO in stock Paid this regular rate Plus So in
D in stock
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-26

The New York Coffee and Sugar Ex-
change announces that the world Wis
ible supply of coffee, including stocks
in the interior warehouses fof Brazil,
reached new high record Of 30,2l4,72S
bags on September /. This figure COM
pares with 27.986,952 on August l and
90 ,209 o78 on September /, 1880.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-26

Montevideo Uruguay, has placed q
special tax on automobiles the proceeds
to be spent ~ wages 10 1000 men who
viii clean Apd maintain streets OF the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-26

Miss Isobel Craft Watson recently
new her plane from Edinburgh, Scot
land, to Aberdeen, enjoyed a cup of
tea with her sister, then returned home
in time for dinner.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-26
NEW YORK STOCK EXCHANGE
Received BY wiz Directs The Sta
CONTINUED From Page 1s.)

1881 Stock Sales Net.
Ugh. Low. Dividend Rate. Add co. Hgh Low Close
SAY 39th Reynolds Tob B (s). 20 4Ogi 4OIs 4O%
42ss 1914 Royal Ditch (m2 27S9) 3 10 1877 1917 ~
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-26
Return 70 Gold Seen

Bankers stress the point that Eng
land, as she has done before, Is expected
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-26

NEW YORK. September 26.-Broker-
age house comment today pointed to
the stock markets nervous gyrations
as reasons for a conservative trading
policy. Some encouragement was de-
rived from yesterdays rally.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-26
BALTIMORE STOCKS.

BALTIMORE. September 26.--
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-26

Estimated commercial apple crop for
Maryland, Pennsylvania, Virginia and
West Virginia exceeds that of any other
season by over half million barrels,
but weather and insect damage have
been so serious that the pack may not
turn out more than 40 per cent Of No. j
fruit. Fully three-fourths the Grimes
crop has been harvested and a consid-
cradle quantity has gone into cold
storage because of poor demand. Ex-
ports from the section are almost at q
standstiu because Of the foreign
financial situation. South Americas
restrictions hampered the demand for
Eastern apples. The Yorks are being
harvested, but picking is not likely TO
BECOME general until the second week
of october and the same Is true OF
5taymans. About half the Jonathans
have been picked The Ben Davis and
Cano crop Is light this season. Lack
of color is a complaint regarding many
varieties Of this section, owing to lack
Of cool weather at time of maturity.
Apples are selling slowly in the Shen-
andoah Valley region, but prices are