davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-08
WHEAT GAINS LAID
TO WAR THREATS
Some Wall Street Observers Believe
Far Eastern Crisis Has
Aided Market.
BY VICTOR EUBANK
Press Financial Writer.

NEW YORK, November War on
rumorS of war" in the Far East, ac-
cording to some Wall Street authori-
ties, are partly responsible for the re-
cent rise Ii some commodities.
But at the same time other finan-
ciers, who profess to know their Russia
and their Orient, see no major conflict
in that part of the world in the near
furture, and attribute the bouyancy of
wheat, silver and oil to natural. peace
ful and more fundamental causes.
Those observers, who hold to the war
theory. cite the vigorous unturn of COM
modify prices just preceding the cata-
clysm of 1914. They point out that the
present action of wheat in particular.
is somewhat similar to the pre-war
market movement. 1t is argued that
Russia, one of the worlds greatest pro-
ducers of wheat and oil, would be I'M
able to export these commodities if she
were engaged in a war.
These theories, however, are given
little serious attention by others in Wall
Street who believe they are familiar
they can visualize the situation which
now confronts the Japanese, Chinese
and Muscovites.
1T is true" said one observer that
a large war is perfectly possible in
Manchurai, China and Eastern Asia
But, judging from existing conditions,
1t does not seem probable.
THE japanese are in control in
Manchuria and it is not likely that the
Chinese can drive them out until the
guarantees demanded by Toxic con-
corning the safety of life and property
are given. There can be no Sino-Jap-
anese War, as we understand war The
Chinese are not equipped for such a
conflict with their strong military
neighbor"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-08
OIL SHARES SCORE
IN UPTURN ON CURB
Market Absorts Profit TAX
ing to Close Higher
on Day.
BY JOHN L. COOLEY,
Associated Press Financial writer.

Associated Press Financial Writer.
NEW YORK, November 7.--Oil and
speciality shares gave the curb market
strong leadership in vigorous rally
today Utilities were again somewhat
hesitant but the list closed higher de-
spite late profit-taking
beeA encouraged by the markets per-
Torrance yesterday. when a late ad-
vance brought fairly liberal gains
Realizing sales were made in some VOL
urne during this mornings active two
hour session, but the demand was
larger than the supply and prices per-
sistently worked higher. Short covering
seemed to have been an important
factor.
In the oil group Gulf was especially
active, pushing across 81. 1t closed just
under that figure for net gain of more
than a point. Humble rose 2 and
Standard of Indiana retained frac-
tional gain.
Singer Manufacturing and A. o.
Smith featured the specialties, up or
points, although Aluminium of Amer
lea displayed greater activity in its rise
above 80. Mead Johnson. Deere, Cord,
Newmont Mining and Ford of Canada
"A" were firm to strong.
Electric Bond e. Share sold about a
point higher at the best, but had diff
flculty holding its rise and was up only
nominally at the close. American Gas
& Electric, boosted across so, also re-
acted from the top. Consolidated Gas
OF Baltimore was up 3.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-08
INSURANCE STOCKS
NEW YORK, November Z (P.-Over.
the-counter market:
EARNINGS REPORTED.

NEW YORK, November 7 (P.-Per
share earnings of operations re-
porting this week, with comparisons
with last year include:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-08

lContnued From First Page)
ceptanoes have been quoted fractionally
lower. This. and the absence of any
Iurtner ADVANCE in the rediScount rate
OF the Federal Reserve Banks, has much
improved the status of Government and
municipal bonds 1t has also Influenced
recovery in high-grade corporation
issues. The benefit of this, and with it
the rally In second and third grade rail-
road mortgages and in foreign obliga-
tons, to the banks suffering from q
depreciation in their securities, has been
substantial
This week the monetary gold stock
OF the United States showed the first
increase since England suspended gold
payments last September. The specu-
lators abroad who sold the dollar
short" have learned a lesson they
VIII not soon forget. The ratio of re-
serve OF the Federal Reserve Banks is
slowly rising, while the reduction in
brokers' loans and in street loans"
continues, and in the latter represents
shr1nkage of more than 80 per cent
compared with September 80, 1929
wall Street is in the most uncomfort-
able condition of liquidity that it has
been In its history, for when its loans
IAN as near to zero as they are TODAY
II means that earnings on the capital
OF stock exchange houses are not Gov
ertng rents.
Stocks Break Out Of Rut.
For the greater part of the week the
stock market was a colorless affair.
sympathizing little with the rise in
commodities and obviously finding much
resistance whenever it approached the
high average reached on October "a
and representing a recovery of nearly
25 per cent from the low point of Oc-
tober 5. The indisposition among rail-
road securities mainly accounted for
this. When at the end of the week va
rtous industrial groups began to emerge
and to reflect the confidence created by
the advance In commodities the entire
market aspect changed and higher
prices were reached. Looking back to
a month ago. even the consistent bear
must admit that much improvement in
the surroundings of the stock market
has, meanwhile, taken place.
AS the clouds here slowly break
away there is no evidence that condi-
tons are better in Germany; plenty of
proof that they are much worse in the
Far East. Germany will meet her i'm
meolate Qollar CbngatlonS on her Tor
eign Indebtedness. In fact. 1t is I'M
derstood that the interest to cover the
December coupon on the 512 per cent
Young loan is already in hand The
situation with respect to bank loans
coming due in New York within three
weeks is a source of anxiety. At the
same time the delay in beginning nego-
tiations into which Germany and
France must soon enter if they are to
prevent another credit collapse next
year is difficult to understand.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-08
ELECTRICITY OUTPUT.

by inc ASSOCIACtu FTeSS.
Production of electricity by the cleo
trio light and power industry of the
country during the week ended Octo-
Der 81 was calculated by the National
Electric Light Association at 1851, 1922
600 kilowatt hours decrease of 81 per
cent over last year.
The Atlantic seaboard showed de-
crease of 1.3 per cent, with New Eng
land contributing an increase of 90
per cent.
The central industrial region, out
lined by Buffalo, Pittsburgh, Cincinnati,
st. Louis and Milwaukee, registered, as
whole, a decrease of 9.5 per cent,
while the Chicago district alone showed
a decrease Of 4.6 per cent. The Pa
ciflc coast reported a decline Of 81
per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-08
RYE LEADS IN GRAIN
MARKET ADVANCES
Trading Continues in Large Vol.
ume in Chicago Pit-Prices
Fairly Steady.
Associated Press Market Editor,
BY JOHN p. BOUGrIAN,

CHICAGO, November Rye outdid
all other grains today, soaring almost
4 cents bushel on assertions that Ger
many had bought all the rye available
in European continental ports. It was
furthermore announced that Germany
had purchased big quantities of Ca
madam rye, and that Russian rye quo
tations had jumped 10 cents bushel
this week.
1t was a drawn battle in the other
cereals today, prices finishing almost
the same as yesterday after tempestuous
fluctuations and augmented volume Of
trading.
The rise in grain prices on the Chi
cago market from the seasons low and
the extraordinary gains Of the last week
are shown in the following figures:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-08
NEW YORK BANK STOCKS

NEW YORK, November Z Especially -
Bank and trust shares eased slightly
near the close today but many showed
net gains. Bankers Trust at 1884
was off "a, Brooklyn Trust 262 on 3,
Central Hanover 1914 up 4, Chase Ma
tional 1924 up "a, Chatham-Phen
1914 Off "a, Chemica: s734 up "a. Com
mercial 100 of 8, Continental 2oh
off u, Empire SO off 70. First National
$500 up so, Guaranty 361 up 4, Man
haitian 5014 up "a. Manufacturers 41%
up 70, New York Trust ia Oh ", and
Public 2915 of II.
The following were unchanged: Bank
of America 43, National City 67A,
Corn Exchange "a and Irving 251z.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-08
PENNEY SALES OFF.

NEW YORK, November Z (SpeciaD.-
Gross sales for October of the ]. c,
Penney Co. were $17,968,473. against
october, 1880, sales of $19,88l, 040, Q
loss for the month of 1922, or ST.
912,567. Cumulative gross sales from
January 1 to October 81, 1881. in
elusive, were $135,936,5l5, against
$780, 96,168, gross loss to October 81
of 1857.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-08
RIGHTS-EXPIRE

N rs Ia Elec Pow & Light Nov 10 ~ ~ N Y
Dividend rates in dollars
Exdiydend Psry extra .Pius - in stock
dend Plus SO in stock Plus go Plus IL
stock Plus 10 In stock Plus m
stock Plus 80 in regular
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-08
ADVANCE IN STOCK
MARKET FOLLOWS
COMMODITIES GAIN

CONTINUED From First Page
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-09

come a nightmare. Indiana links
men, like national golfers, like a
change Of scenery. Some of the
veteran players are beginning to
play the French Link course from
memory. Certainly they would like
to see a change in the site of the
title play, but not one invitation
was received by the association for
the meet this year.
Several reasons are advanced
First, it requires that the course be
turned over to the championship
for a full week. While the play
consumes only from Monday until
Saturday, inclusive, most of the
players go to the scene early to get
acquainted with the layout. Mem
bers Of clubs throughout the state
are reluctant to give their course
over a full week.
In some places where it was felt
the meet could be held hotel ac-
commodations could not be ar
ranged.
Mossler stated the event this year
Will nave the same program as last
season-the championship and other
flights, father and son champion
ship, club team championship and
veteran golfer championship for
players over so.
It is presumed the two-day invi-
rational tournament for the women
again will be held over the lower
course during tn emen's play.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-09
A. B. c. Nine Will Battle
Cleveland This Week End

Manager Taylor Of the A. B. C.s
refused to permit the weather to
keep his FASTENERS idle this week.
and they worked out enough to be
in shape for the league series with
Cleveland Cubs, opening at Wash
ington park today at 8. There
will be a twin bill Sunday start
ing at 2 and single tilt Monday
at 3.
Cleveland is said to have a strong
mound staff consisting of Streeter,
Page, Wright and Cliff Bell.
Mitchell or Brown will start for the
A. B. C.s Saturday. The local
inf1eld played great ball last week
end, led by Williams, shortstop, and
Mcbride, first base. Russell at Sec
ond and Binder at third, also
pleased Manager Taylor.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-09
Lawless Defeats Welter
Champion; Levinsky Victor

welterweight champion. Lawless
previously had defeated Thompson,
Joe Dundee and Tommy Freeman,
all when they held the champion
ship.
Weighing 148 pounds, one pound
over the class limit, Lawless had no
chance to win the title. Thompson
scaled lat. A crowd of 1878 paid
$21,980 to see the program, which
included three rounds of exhibition
boxing by Max Schmeling Of Ger
many, heavyweight champion.
Thompson outpointed Lawless in
the early rounds. Lawless started
a concerted rally in the sixth round
and kept it up to the finish.
Emmett Rocco, Elwood City, Pa,
heavyweight, lost a ten-round de-
cision to King Levinsky of Chicago
in the final bout. Rocco made a
disappointing showing in view of the
fact that he recently won a decision
from Levinsky in their first bout at
Pittsburgh.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-09
Babe Ruth's .452 Tops American
Hitters; ROettger PAGES National

times at bat and raised his sea-
sons average .052 points. In twelve
games played to date, Ruth has
been at bat forty-two times and COL
lected nineteen hits.
Roettger, former Illinois univer-
sity athlete, is beginning to flash the
hitting ability which marked his
minor league career. Roettger's
average was low during his two
years with st. Louis and one with
the New York Giants, but now that
he has become a regular his club
bling has improved, and he has made
twenty-four hits in sixty times at
bat this season.
Virgil Davis, Phillies catcher and
last weeks National League leader,
is runner-up to Roettger with .375
with the rookie Johnny Vergez of
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-09
Return of De Palma Recalls
1915 Victory in Mercedes

Ralph De Palma, oldest driver in
point of competition entered in the
Indianapolis 500-mile race on May
80, is driving his new race car from
Los Angeles. where it was built, to
the loca track.
Il want to give the car a good
run before I get to the track" De
Palma explained in a wire.
De Palma's car, a Wehr Special,
is only 10 cubi cinches piston dis
placement in size. 1t is of rotary
valve construction, and De Palma
hastens to explsi nthat the purpose
of his competitio min the big drive
this year is to demonstrate the pos
Sibilities of the rotary valve mtor.
De Palma is the only pilot who
competed in the first 500-mile race
who also is entered this year. He
won the race in 1915 when he
whirled a German Mercedes across
the finish wire at the end Of 500
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-09

the New York Giants and jim Bot
tomley of the st. Louis Cards tied
for third place. among the regulars
with mark of 371.
Lew Fonseca of Cleveland, 1929
hitting champion, is runner-up to
Ruth, at .434, and Dale Alexander
of Detroit, last weeks leader, holds
third place with .427.
Fonseca has secured the most hits
in the American League, with SO;
Blue Of Chicago leads in runs
scored, 10; Alexander has made the
most doubles, II; Harry Rice Of
Washington, the most triples, a.:
and John Stone of Detroit the most
home runs, 5.
Joe Cronin, Washington, leads in
runs batted in, %, and Roy johnson
OF Detroit in stolen bases, 6.
Rogers Hornsby, Chicago, and
Buzz Arlett, Philadelphia, top the
National Leageu home run hitters
with five each, and Hornsby also
has batted home the most runs. 18.
Lloyd Waner, Pittsburg, has tai
lied the most runs, 20; Hugh Critz,
New York, has made the most hits,
20; jim Bottomley, St. Louis, leads
in doubles. 8; and Dick Bartez.
Philadelphia, in triples, 4. Berger.
Boston, and Generously, Pittsburgh,
share base stealing honors with 5
each.
Yves Terrell, Cleveland, is the ac-
tual pitching leader for both leagues
with five victories and one defeat
for 1888, although three pitchers
Brown, Cleveland, Pennock, New
York and Jones, Washington-pre-
cede him in the American League
defeats each for 1000.
with two victories and no
Four National League pitchers
Fitzsimmons and Mitchell, New
York; Grimes, st. Louis and Brandt.
Boston-haye won four games each
and lost none.
Only one team in each league,
Cleveland in the American with 500
and Chicago in the National with
.301, is above the 300 mark in team
batting.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-09
Coast Track
Stars Battle
By United Press

By United Press
FRESNO, Cal, May 9.-Three of
the best track teams in the country
gathered here today in hopes of
setting new worlds records at the
annual west coast relays tonight.
Two Of them, Stanford and Los An
geles Athletic Club. also were out
TO check the ambition of the third.
the University of Southern Cali
fornia, two times winner and
permanent possessor of the trophy
should they win tonight.
Beside the group conflicts. the
meet promised to produce several
stirring individual tits. There were
sixteen national and worlds cham
pions in the list.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-09
PrOTennis
Aces Open
TiIden and Richards Renew
Grudge Battles at
New York.
BY HENRY M'LEMORE
United Press Staff Correspondent

NEW YORK, May Big Bill
Tilden and Winnie Richards, who
have nurtured a cordial dislike for
one another since 1918, will settle
partly their old score tonight when
they meet on the tennis court in
Madison Square Garden.
The match is the first of a best
three out of-fve series, and judg-
ing by the advance sale will at
tract something like capacity house
Some suspicious souls have limited
that the tales of bitterness between
the two players are nothing more
than box-off1ce propaganda. But
there is enough i'll feeling between
Big Bill and Winnie to establish
the meeting as a genuine, old
fashioned grudge affair.
Their little feud started in 1918
when they joined forces to win the
national doubles championship, and
Richards, after the finals, charged
Tilden with poaching on his pre-
serves in an attempt to steal the
spotlight. The bitterness increased
with the passing of each year and
reached its height in 1926 when
Richards defeated Tilden in three
of their five matches to establish
himself as the countrys No. rank
ing player.
Today it is professional glory that
is adding fuel to the flames. Rich
ards, thanks to victory over Karel
Kozeluh last year at Forest Hills,
wears the title of professional
champion. Tilden Soundly trounced
this same Kozeluh on their recent
tour and is anxious to gain the
nonofficial but high sounding title
of worlds professional champion
by trimming Richards.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-09
BY DIXON STEWART
United Press staff Correspondent

NEW YORK, May 9.-Babe Ruth,
the New York Yankees crippled
Sultan of swat" and Wallie Roett-
ger of the Cincinnati Reds are set
ting the pace for major league hit
terS.
Officials averages, including games
of Friday, show Ruth topping the
American League with a mark of
ASP, and Roettger pacing the Ma
tional at 400.
Ruth has been handicapped afleld
and On the bases by an injured leg,
but the injury has had little effect
on his batting. During the last
week Ruth knocked out five singles,
a double and a home run in twelve
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-09
Rolling Ridge
Tackles Army

Action galore is promised when
crack polo teams from Rolling
Ridge Club and Eleventh Infantry
at Ft. Harrison clash at Rolling
Ridge Sunday at p. m. Many
well-knoWn performers are on the
rival squads, several of whom have
been playing in the south during the
winter. Line-ups include:
Rolling Ridge-No. l Russell Fortune
and Q. N. Kaelin; 2, Conrad Ruckelshaus;
g. Jesse Andrews: 4, Sam Sutphin.
Eleventh Infentry-No. /, Lieutenant
Reed and Lieutenant sherburne; 2. Can
tain Johnston; 3, Lieutenant Stephenson.
4. Captain Wilson.
Rolling Ridge field is located two
blocks north of the Playground on
Ralston avenue and Forty-fourth
street.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-09

miles for a record average of 1884
miles an hour. This record held I'M
til 1922, when the late Jimmy Muir
ply boosted the average to 94.48
miles an hour.
Record holding at indianapolis
has been De Palma family trait
for many years. Ralph held his
mark eight years. Then Peter De
Paolo, his nephew, established the
existing record of 101.13 miles an
hour in 1925.
De Palma and De Paolo, uncle
and nephew, both winners of 500
mile events here and both former
American champions will be pitted
against each other in the trials and
tribulations of the 1881 race.
De Palma has not appeared in
competition at Indianapolis for
Seevral years, but has kept his
fingers in the racing pie by engaging
in dirt track events.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-09
Play Open
August 10
Taggart EntertainS HooSier
linkSmen Fourth
Straight Year.
BY DICK MILLER

The thlrty-flrst amateur cham
pionship meeting of the Indiana
Golf Association will be held at
French Lick Springs during the
week Of Aug. 1915, inclusive, J. j.
Mossler, veteran secretary, an
nounced today.
Hoosier amateur golfers OF the
state owe debt of gratitude To
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-09
Tony Herrera
New Idol of.
Gotham Fans

By United Press
NEW YORK, May 9.-Boxing's
notably tickle followers had new
idol today in Tony Herrera, olive
skinned Mexican lightweight.
Herrera made his debut in fast
company at Madison Square Gar
den Friday night and lost thrill
ing ten-round bout to Jack (Kid)
Berg, English whirlwind, but won
the plaudits of the 1924 spectators
who paid $23,644.39 to witness the
fight.
Berg, always extremely popular in
New York, won the bout by mar
gin decisive enough to give him the
votes of both judges and the ref
cree, but the fans were intrigued by
Herreras game battle and booed
the verdict. Berg left the ring with
the crowd still booing while Herrera
was given an enthusiastic ovation.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-09
BAXTER WITH CARAVAN

Dick Baxter of Butler university
has been selected to accompany the
Indiana Boys caravan on its tour
this summer, as recreational
director. He will have charge of
athletic activities, which are an i'm
portant feature of the tour.
The caravan viii leave Indian
apolis on July 2 for a seven weeks
motor bus trip to Arizona and Old
Mexico. About $50 boys between
the ages Of u and II will comprise
the caravan.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-09
BY GEORGE KIRKSEY
United Press staff Correspondent

CHICAGO, May 9.-Bucky Law
less of Syracuse, N. Y, nemesis Of
welterweight champions, today
boosted another victory over the
title holder Of the 17-pound divi-
sion.
BY defeating Jack Thompson Of
California, welterweight ruler, in a
ten-round non-title bcutt here Fri
day night, Lawless annexed his
fourth decision over a reigning
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-09

Tom Taggart for
housing an or
phan. Attempts to
stage the annual
titular play on
other courses
throughout t h e
state proved un-
successful, and it
will be played over
the Hills course at
Taggart's layout
for the fourth
consecutive year.
The a m a t e ur
event has become
a problem. T o
Mossler 1t has be-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-09
CUE CHAMP TO VISIT

Frank Fleming Of Champaign.
Ill, national amateur tlaree-cushion
billiard champion, will play two
1ifty-point exhibition matches here
next Monday. In the afternoon, he
will oppose ore Of the clubs stars
at the Columbia Club, and will
tackle Lew Vogler at Coolers that
night.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-05-09
Big Ten Cinder
Rivals Clash

By United Press
CHICAGO. May 9.-Track teams
of Wisconsin. Ohio state, North
western and Chicago gathered here
today for the annual quadrangular
meet at Stagg field.
Wisconsin because of its strength
in the field events was favored, but
Ohio State was rated an outside
change to win depending upon the
result Of few disputed events.