davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-31
STOCKS IRREGULAR
IN SAGG|NG TREND
Market Sells Off Further
After Strong Advance of
Previous Day.
BY GEORGE T. HUGHES.

Special Dispatch to The Star.
NEW YORK, January 31.-A narrow
and irregular price movement, but with
weekend stock market. Price changes,
however, for the most part were without
significance either as to the situation
of the particular corporations concerned
or as to the longer-term prospect for
the market as a whole.
The Street was divided into two
camps, one still dubious about the effect
OF the proposed veterans compensation
legislation, If enacted, and the other
streSsing the sold-out condition of the
market and the certainty that business
recovery would come sooner or later
regardless of political developments.
There was even a small minority which
took the position that large disburse-
ment of cash to former soldiers would,
through the temporary imitation pro-
duced, mean higher prices for stocks
Selling Side Stronger.
For th2 moment the controlling fac
tor was the weakened technical situa-
ton brought about by Fridays spec
tacular demonstration against the short
interest in industrial specialties. That
more conservative element-an i'm
preston which, was heightened by the
fact that the investment issues did not
participate in the upward movement.
Today. therefore, the selling side was
favored. United States Steel, opening
unchanged, dropped back a point an
hour later and similar losses were
registered in most of the more impor-
tant stocks.
The volatile issues, including Auburn,
Worthington Pump, j. I. Case and A.
M. Byers, sold of for larger declines, as
was to have been expected. Both Fri
days rise and today's setback were the
result of professional operations. 1t is
doubtful whether there was any public
buying stimulated by the advance and
it Is equally doubtful whether there was
any public liquidation produced by the
decline. In these stocks, at least, the
market is in. the control of a group of
restless spectators.
The other side of the story was the
striking stability manifested by stand
ard stocks of industries which are
operating under difficulties. The copper
metal market, for example. is in a most
unsatisfactory condition. Export prices
were reduced today to correspond with
the cut in domestic quotations Friday,
and yet the copper stocks sold of only
fractionally.
Oil Situation.
Nothing could be more discouraging
than the situation in the oil trade.
Atlantic Refining in its preliminary
statement published overnight, showed
net for 1880 equivalent to 81 OF a share,
against $6.79 a share in 1929. The
stock was down a little over a point,
but very inactive. There has been of
late considerable selling of Standard Oil
Of New Jersey on the theory that the
market price was too high, although
earnings will not be known for several
months. But the stock has been well
taken by investors looking to the longer
future and willing to hold the equity
in the leading factor in the industry
meanwhile.
Railroad stocks were better supported
than industrials today. Norfolk &
Western made new high for the year
and Union Pacific duplicated its pre-
vious high.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-31

tives TO handle the industry's fight.
1.-THE proposal" said Mr.. Boyd. SIS
nothing more nor less than an effort to
strange by regulation the transporta-
ton Of petroleum products and natural
gas BY pipe lines 80
while the petroleum industry Is in
sympathy with every properly devised
plan for increasing railroad earnings to
of transportation, it cannot agree that
the carriers are entitled to destroy other
forms of transportation merely because
they render, comparatively, the service
at lower COST
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-31
May Cut Interest Rates.

NEW YORK; January 81 (P.-Sev-
eral New York Clearing House banks
are considering a reduction in the in
tereSt paid on accounts variously desig-
mated as thrift" special interest" or
compound interest" accounts, effective
on or about February /, it was learned
today.
The reduction, it was said, probably
will be from per cent to 21a per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-31
PIPE LINE INTERESTS
FIGHT LEGISLATION
Committee Named to Oppose Sug'
gestions for Regulation Of
Carrier Systems.
BY the Associated Press.

BY the Associated Press.
NEW YORK, January 3l.-Ieaders in
the petroleum industry have declared
open war against what was described
as the proposal of the Association of
Railway Executives to divorce pipe lines
from oil company ownership"
w. r. Boyd, jr., executive vice presi-
dent of the American Petroleum Insti-
tute, announced appointment by that
organization Of q committee of execu-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-31
PARIS BOURSE PRICES.

PARIS, January 81 Cp).-Prices were
firun on the Bourse today.
Three per cent rentes, 81 francs 10
centines. Five per cent loan, l03
francs IS centimes.
exchange on London, 1913 francs
aOIb centimes. The dollar was quoted
40 rs francs 5234 confines.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-31
U. s. TREASURY BALANCE

The United States Treasury balance
announced today as Of close of BUSH
ness January 30 was $15ey021, 950.43.
Customs receipts for the month to
date were $26,347,sS797. Total ordi-
nary expenditures, $500, OsSo3.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-31
Gasoline Price Nav Advance.

NEW YORK, January 81 tP).-Wall
Street reports state that several of the
major distributors are considering adj
vancing gasoline prices l cent gallon
on both bulk and retail quotations in
New York and New England
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-31

So many toys are produced now IN
Philadelphia that 1t Is known as the
toy workshop Of the world.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-31

Note-An stocks are sold in one hundred share lots
excepting those designated by the letter (8Os) (250s)
which shows those stocks were sold in odd lots.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-31
All Commodities.

Noting specific price changes in all
commodities, the average sagged ma
terially during the past week The
principal grades that were lower were
industrial products, agricultural prod
uctS, live stock, chemicals, hides and
leather, non-ferrous metals, paint ma
terials, textiles (fine and coarse) and
vegetable oils.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-31
Industrial Products.
Agricultural Prices.

Generally weaker, agricultural prices
reflected the inability Of demand to cope
with burdensome supplies, not only in
this country, but throughout the world.
AS long as the Federal Farm Board sub
sidizes any crops. production will re-
main high. The drought and low prices
should help materially in reducing acre.
age this year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-31

Continued ON Page I'D w.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-31
Baden Discusses Property Rights.

william H Baden, vice president and
trust officer of the Washington Loan d
Trust Co., addressed the Charles County,
Md Federation of Women's Clubs yes
terday In the court house at La Plata
on Property Rights of Husbands and
Wives in Relation to Estates" The
trust company official was representing
the District of Columbia Bankers As
ISOLATION. There were about $50 Mary
land women present.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-31

Textile prices lost all of the ground
gained during the third week in Janu-
airy and are now comparable with the
price level in the middle of the month.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-31
NEW YORK STOCK EXCHANGE
Received by Nrs Dhrctto The Star

Private Wire Direct to The Star once.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-31
Live Stock Prices.

Live stock prices were also forced to
a new low during the past week. Poor
quality cattle and hogs are rapidly be-
ing eliminated, which should pave the
way for better conditions later in the
low.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-31

EDMUND r. Moore, a Cedar Rapids
banker, has been recommended TO
President Hoover for membership on
the Federal Reserve Board to succeed
the late E. H. Cunningham.
Final papers have been signed for
the sale of the studios and certain other
assets Of Pathe Exchange TO Radio
Orpheum Corporation. The initial pay
ment has been made thereby consum-
mating the transaction.
interstate Commerce Commission has
authorized Pittsburgh & West Virginia
Railway to issue $4,000 900 Az per cent
ehort-term notes in renewal of a like
amount of maturing notes.
The Washington times., 1931-10-14
AUTOMOBILES FOR SALE

GOOD USED CARS
NOLAN MOTOR CO. iii 18th st. n. "
REAL BUYS IN USED CARS
Justine Nicholson Motor Co. Hyatte. Md
CHERNER'S AUTO CLUB-S57 so down
buys a Model Ford 1881 II St. N W
The Washington times., 1931-10-14
AUTOMOBILES FOR SALE

S------
8 REAL BARGAINS.
1880 FORD TOWN SEDAN. ....... 1885
1929 FORD ROADSTER. .......... 100
1929 PLYMOUTH COUPE. ........ 175
MANY OTHERS.
United Motor Co., 40 H st. N. E.
REPOsSESsED CARS & TRUCKS for bal
ance due: all makes and models;
'O" RoBT. HERsoN's AUTO EXCH.,
100 Fla. Ave N E.-953-959 Fla. Ave .N.W..
USED CARS
Glass installed lr IN AAYllc Az Care aSeu
Corner First and b SITS. y e.
Phone METROPOLITAN $3.50
BARGAINS IN Used CARS
Lee D Butler inc 216S Champlain 81 W
The Washington times., 1931-10-14

GOODYEAR Tires On CredIt. Aliens Service
Station. 14th and p SITS N W.
The Washington times., 1931-10-14
Rentals
APARTMENTS UNFUKNISHED 81

18TH AND M SITS. N. w.
INORTHEAS1 CORNER
THE WADE APIS.
Beautiful new front flat. rooms
kitchen. bath and porch sliding
door closets frigidare; rent 500 90
% rent '0O" ""''"' "'' anu '"'" ssB 90
H. r. HOW ENSTElN CO.,
1918 ST NV DISTRICT OaOs
The Washington times., 1931-10-14
eyy Chase Home For Sa1e Bo0m Hi improvements Loo
Automobiles (135)
AUTOMOBILES FOR SALE

SA@AANA@S 0&AAAA8
STANLEY H. HORNER, Inc.
1890 Ford Town Sdn. SASS
1920 Buick 7-pass. Sdn $50
1923 Lincoln Limous.. 1 ESQ
1880 Pontiac Gus. Sdn.. sos
1891 Hup Cent. 8 Sdn.. oo5
1928 Packard SPIT. Tou. oo5
1928 Nash Spec. Sedan sos
1880 Hudson Coupe. 745
1929 Hudson Sedan..... 645
1929 Buick Mast. Sdn.. 945
1923 Studebaker Sdn... 45O
1928 Buick 4-pass. Cpe SIS
1O15-1111 14th st. N. w.
National $500.
GOODYEAR Tires On CredIt Allen's ServicM
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1931-04-10

The WOLF POINT BAND

People of Wolf Point and vicinity will have a treat in store fol
them next Wednesday evening when the music department of thf
Wolf Point school, directed by Mr.. Simon, presents its annual concer
at the Liberty theatre.
People in Wolf Point have become s. accustomed to the schoo
band and to having it help out o n the program on this or that occas
ion, that they have come to take it as a matter of course. The Wolf
Point school band, however, is one which would merit the pride OF
a much larger city than Wolf Point. 1t made the business men OF
Havre sit up and take notice last year when it played there, and
gave them a vision of what a school band might become, and gave
impetus to their own movement for a school band. The band made
the audience sit up and take notice when they played at the Great
Fails State music meet, placing first in their own class and competing
credithy with the school bands of the big cities of the state.
Such a band is not a thing to be taken a. a matter of course, but
is a matter of congratulation. Back of the rhythm and melody which
will be heard next Wednesday night there ire hours of patient prac-
in the technique of playing the notes o as to correctly interpret the
music as it is written, but teaching in how to hold the instruments,
how to sit-so that the band on the stage gives the impression of a
complete and well organized unit
These things didn't just happen. There is a big turnover in band
membership each year Students graduate and others take their
places. Twothrds of the band members were not in the high school
band two years ago. Wolf Point young people are probably nc more
talented unsteady than the young people Of any average community
but somehow out of this mass of average material which comes to him
year after year, Director Simon manages to shape an organization
that stands out as distinctive.
The annual concert is the climax of the years work and train
ing, and attendance at this concert is the only way the community can
it's appreciation of the work that is being done. The state music
meet at Billings is April % to 25, and it is hoped that the Wolf Point
school band can attend and compete. Whether they win first place
or not-and everyone in the community hopes that they will-they
will represent Wolf Point and Northeastern Montana in a way that
will reflect credit, and the participation in the music meet will be of
value to them A packed theatre the night of the concert will
make this trip possible.
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1931-04-10
: West Side Sand Creek !

People of this locality will be
shocked to learn that the Buxtons
received a telegram from Mrs. Os-
car Olson saying her husband had
been drowned, but we have no fur
Their details. Old timers will al
ways remember Mr.. Olson as one
OF the finest and kindest neighbors
and his untimely death is a grief
to those who knew him. We sin
cerely sympathize with Mrs. Olson
and their son in their great sorrow
Logan Sackett and Mr.. Evans
were buying horses in these parts
on Friday.
H. E. Prall made a business trip
to Circle on Friday
c. Chamberlain Hans and Olof
Tweten and Everett Prall visited
Wolf Point on Friday.
Mr.. and Mrs Ben Fleenor visited
at the Buxton home on Thursday.
Stub Simons visited his sister.
Mrs. T~hornburg n day last week.
Ralph Sickles called on Cham
berlain and his brother "Slim" on
Wednesday.
Lewis Thornburg came out Mon
day to spend a few days with his
mother.
Miss Mary Sickles and brother
Ralph spent Sunday afternoon at
he Buxton home.
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1931-04-10
10 SAVE 900
(From Montana A. A. Bulletin

Referendum 35, which will be voted upon at a special statewide
election May 9Th will create no new expense for the Montana auto
mobile owner and will not affect the States fyecent gasoline tax.
This substantially is the oponion of Attorney General L. F. Foot as
written for the Montana Automobile association.
The Attorney General points out that the Bill IS passed by the
22nd Legislative Assembly complies with constitutional requirements
for measures of this kind.
The only Interpretation that a be placed upon the Attorney
Generals opinion, according to officers of the Automobile association
is that the warrants proposed in Referendum No. 35 will be paid from
revenues from Monanas five cent gasoline tax and that the passage
of the measure will in no way alter O affect the gasoline tax law
which was extended to 1871 by the last Legislature.
People in all parts of the State are raIyfng to the support of the
measure, and everywhere volunteers re offering their services as
judges and clerks for the special election.
The measure, which was passed by an overwhelming vote of the
may be issued for the next four years, starting in 1881. These funds
along with receipts from the States five cent gas tax plus the federal
money that is now and will be available will total approximately to
$230OOO0O for federalstate highway construction in Montana during
the next four years. Only a small part of the gasoline tax revenues
will be needed to pay the warrants when payments start in 1884, the
Automobile Association points out.
the association explains, and the passage of Referendum 35 will save
approximately $7500O 900 to the State in the next four years, without
in any way affecting the States fivecent gasoline tax which is the
source of state revenue for federalstate highway construction.
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1931-04-10
LEAVITT
END RISE NO. 35
Continued from page one)

Continued from page one)
for the next four years. / am in
terested in this as a citizen o
Montana who believes that high
way construction is one of tht
most necessary things to the de
velopment Of our State and for the
benefit of u people.
/ am always optimistic and con
sequently would not wish to say
that the opportunity we now have
through the generous appropria
tions of Federal moneys may not
continue into the future. 1t is the
part of wisdom, however, to con.
slider the probability that a re.
action may come which will with.
draw or lessen this opportunity II
we do not take advantage of it
now, There is no certainty that
Congress will continue to be as
liberal as it has been in this ses-
sion. The truth Is that the liberal
ity OF the Seventy-first Congress
with regard to road appropriations
was based largely on the unem-
ployment emergency, which no one
expects will continue. We we're
able to advance measures success
fully which had been hanging fire
for some time, based on the need
of furnishing employment through
the construction of great public
works. In my own judgment, is it
wisdom on u part in Montana to
act now to provide the necessary
State funds to match these appro-
p%riations, and not allow them to
lapse to our disadvantage.
l am pleased with the fact that
the initiative does not contemplate
any increase in the tax on gaso-
Line. 1t is to be regretted that
there was any misunderstanding
on that point. The states have
very generally turned to the plan
Of financing trunk road construc-
ton through the gasoline tax, and
the proposal we are considering in
Montana has already been adopted
in principle in a number OF states.
/ assure you that / am favorable
:. 1t, and that I expect to be back
in Montana in time to vote for
initiative measure No. 35 in the
that l shall be benetiting
Montana by doing so.
Sincerely yours,
SCOTT LEAVTTT. |
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1931-04-10
Successful Workers
Girls All Club

We mad our first meeting of the
Successful Workers All club at
Vida hall Saturday, April 4. Ten
members and our, local leader
Mrs. E. r. Casterline, were pres
ent. We are beginning our first
year in food preparation. We were
all weighed and measured so we
can begin our weight curve. Mrs.
l.. A. Styer visited our meeting.
Lunch was served then we ad-
1ourned to meet again in two
weeks.
-Bernice Casterline, reporter.
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1931-04-10
SOUTHVfEW BOOSTERS
4H CLUB REPORT

The S~outhview Boosters All club
held their first visitors and r
ents program on Saturday after
noon, April 4th during school
election.
The program lasted for two
hours and consisted of songs.
yells recitations, readings and
talks by the local leaders.
After the program the hat was
passed around to cover the cur
rent expenses such as postage, sta
tionary etc of the club. A neat
sum of $4.55 was collected.
The program was very well at
tended and enjoyed by everyone
present. The club wishes to thank
one and all for the fine coopera-
ton and interest shown in our
club work and especially Mrs. P.
l.. Vine, our local leader. 1t was
through her efforts that such a
program was made possible.
After the program a delicious
luncheon was served after which
a short business meeting was
held.
Mrs. F. Kuehne showed us how
% hem our towels. Our next meet
ng will be April II at the South
rev school.
Club Reporter,
Helen Wanderaas.
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1931-04-10
JUST One MINUTE,
PLEASE, TO SAY:

That n of the new members o
the Commercial club for 1881 i.
the Hansen Flour Mills associat
ion. makers of "WoItana" flour anC
other wheat products.
A visit to the mill, just opened
for business, in this city, is a pleas
ant experience. Modern, efficient
and scrupulously clean. the mill
combines appearance and utility,
hygiene and scientific methods in
a fitting tribute to the high char
acter Of the flour manufactured
there
The mill has so barrel capacity,
Midget-Marvel process of manu-
facture with $500 bushel storage
capacity for wheat. The cleaning
process is very good, consisting
Of Standardization oat sepaar-
ator and composition scourer. All
what is double tempered and scour-
ed before milling. The Alsop proc
ess Of bleaching is used, givinguni-
form color without destroying the
quality of the flour. Another fac
tor which insures fine quality in
the product is the high grade of
wheat raised in this district. Pa
irons will note a pleasant nutty
flavor in products made of "Wol-
tana which is owing to the high
protein content of the wheat rails
ed in this section.
From a standpoint of economy it
is good business to patronize our
home mill. The mill gives 300 lbs.
Of flour for 10 bushels Of wheat,
4 fact which speaks for itself.
Andrew Hansen, manager and
miller, has had an extensive exper-
ence in the business, having sue
'essfully operated a mill of this
'rocess at Plentywood for ten years
where he built up a business with
patronage drawn from a wide
.rea. He is assisted by Gus A. I
'ternberg, who formerly was en-
tloyed in this mill by John Lfste- {
nd as well as in other mills in
fontana
The Commercial club joins with
Their well-wishers in wishing the I
Flour Mill every success /
nd in predicting an increasing G
rowth for "Woltana" both in sales a
in public appreciation and con- t
dence. 1t will be a real asset to '
lis community. Il
Charles Gordon, a
Secretary Commercial Club.
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1931-04-10
his great grandfathers.

his great grandfathers.
Beauty of the Indian Homes
is a sunset scene of the Indians
in camp, the tepees all facing the
south, and Indian Love Call" has
the rich colorings of a Maxfield
Parrish. Other titles are: 1.-THE
Warrior, Battle of Marnarch,"
Friendly Signal "The Hunter
Before the Horse Came" Long
fox Cabin" Passing of the Red
Man. Wolf Point Sioux Horse
Raid" Danger of Buffalo Hunt"
and Noted Chief"
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1931-04-10
OUR OWN

Some professor of economics could say it far better in a volume
o two, but to go straight to the bulls eye, the present appears to be
a time when the individual can do more for himself than anything
else can. In a situation of wary capital sluggish business, overpro
duction, underconsumpuon, unemployment, unfavorable natural condi
lions, and disturbing If not vicious politics. a high premium is placed
on cool, levelheaded judgment in the individual business of making
a living and keeping even. It sounds blunt but it comes pretty close
to a survival of the fittest.
The people, public and private, are in such a hostile, skeptical
state of mind it is impossible for the government to cope with the
multiplying difficulties. Any move that is made is confronted by un.
fair and INSCRIPTIONS opposition. No one of the factors in the COM
picated condition of things deserves all the blame. The real trouble
is in the fibre If society itself 1t is a time for those who still have
a foothod to make a fairminded survey of their affairs, then exer-
else caution tempered with confidence, apply brains backed up by
energy and work out their own salvation. When the people get right
the country as a whole will right itself.
The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1931-04-10
FLOODS IN WASHINGTON

Heavy rains have caused streams
to overflow and flood the Walla
Walla valley in Washington. Five
deaths are reported. In the city
of Walla Walla water mains were
washed out and broken and prop
erty damage of half a million done
Floods r also reported in Port
land