davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-28
Debt Moratorium
Plan Wins Praise
AS a "Helpful Act
Exchange Official Sure
Hoover Will Do All Pos
sible for Prosperity.
By the Associated prssa.

By the Associated Press.
ROCKFORD, Ill, June 27.-Harvey
T. HILL executive vice president OF the
Chicago Stock Exchange, said today he
saw ray of hope for better economic
conditions In what might be called
political expediency." He spoke before
the annual meeting of secretaries of
Illinois Chambers of Commerce.
Il will vote for President Hoover
again If he runs" said Hill, but 1 am
fully convinced that the Democrats will
elect the next President unless the bust
ness situation has improved materially
before next February. For this reason
you can rest assured that our present
administration will use every effort to
bring about period Of prosperity.
we have the suggested moratorium
before US, which seems to be acceptable
to the thinking men of the world as a
helpful act. believe we can count on
the administration soon starting con-
struction Of everything from the Chi
cago Post once to Boulder Dam, so
that these projects will be on their way
within the next eight months.
II believe in President Hoover In my
opinion, he will do everything a Presi-
dent can do to bring back prosperity"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-28
REDUCTION IN STEEL
OUTPUT IS REPORTED
Mills Now Operating at So Per
Cent of Capacity, According
to Estimates.

By the Associated Press.
NEW YORK, June 27.-The trend OF
steel ingot production continued slowly
downward in the past week, rejecting
smaller orders for finished products
While President Hoover'S moratorium
proposals created a more hopeful feel
ing, they failed to stimulate improved
demand. Output is now estimated at sc
per cent Of capacity. and predictions
are heard in the trade of further pos
Sible Shutdowns. Although buying of
certain lines tapered of further, an en-
couraging feature was improved demand
for line pipes, while awards made and
pending on structural steel have in
creased. The price situation is not
clearly defined, with advances for the
third quarter announced in some lines
and other lists pending. Pig iron Is
still quiet and steady.
Copper advanced sharply on active
foreign and domestic demand stimulated
by favorable reaction to moratorium
proposals and strength. Of the London
market. Gains for the week amounted
to "a Of a cent per pound, with pro-
ducerS restricting sales at the new quo
tation of SA cents for electrolytic de-
livered, Connecticut Valley. Sales thus
far this month here and abroad total
more than 10000 tons. Domestic con-
sumerS have now covered about foul
months requirements, and buying was
less active at the close, with prices
holding steady.
Tin advanced rapidly when domestic
consumers, who were holding of, re-
entered the market. Lead shared in the
advance with other metals on con-
tinued active buying by leading con-
sumers. Although zinc prices were
higher, buyers held of, limiting pur-
chases to carload lots. Sellers were
reserved.
ed Chinese offerings and the higher sill
yer market.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-28
MARINE MIDLAND BANK
ACQUIRES ANOTHER UNIT

Special Dispatch to The Star.
OSWEGO, N. Y, June 27.-The
First and Second National Bank of
Oswego, the only commercial bank in
OSwego and one of the outstanding
financial institutions in the Northern
part of New York State, will become
a member of the Marine Midland group
of banks as soon as the stockholders
of the First and Second National have
ratified the recommendation of the
board of directors, according to an
announcement made by George F..
Rand, president of the Marine Midland
Corporation.
Acquisition of this bank will give
the Marine Midland Corporation an
outstanding institution in a part of
New York State where it is not at
present represented. The First and
Second National has deposits of S.
100000; capital of 100000, and surplus
funds of $462,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-28
GOOD GAINS REPORTED
IN CANADIAN WHEAT

MONTREAL. June 27.-Recent rains
in the prairies provinces have bene-
flied crops, but further moisture is
required in Southern Alberta and most
of Saskatchewan and in Manitoba, ac-
cording to the latest crop report of
the Bank of Montreal. Damage from
drought and winds has been serious
over large areas of the three provinces
and prospects generally are much below
the average.
East Of the Great Lakes crop condi-
tions generally continue highly salts
factory. In Quebec, crops continue to
make good progress and weather con-
ditionS are favorable.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-28
EXTENSION OF GAS
PIPE LINES PUSHED
Various Projects Are Under
Way in United States and
Canada.
BY BRADLEY w. TRENT.


Special Dispatch to The Star.
NEW YORK, June 27-Natural gas
fields in this country and Canada are
buzzing with activity these days, as en-
gineers, drillers and contractors push
projects to early completion.
Niagara Hudson Power Corporation,
81 per cent Of whose stock is owned by
United Corporation, IS surveying its up
state industrial cities, such as Syracuse,
Albany and Troy, with the probable
idea of signing q contract with Column
bia Gas d Electric Corporation for q
supply Of natural gas.
Studying Demand.
Public Service Corporation Of New
Jersey continues to study prospective
natural gas demands around Newark
and Jersey City, while Columbia Gas e.
Electric, in which United Corporation
has 20 per cent interest, tests and
cleans the old oil line, once belonging
to New York Transit Co.. from Bing-
hamton N. Y. to Patterson, N. J.
Up in the Tioga field and vicinity
in Southwestern New York and North
eastern Pennsylvania-the Lycoming
Natural Gas Co.. Standard Oil of
New Jersey subsidiary. and Columbia
Gas & Electric are negotiating work.
ing agreement. 1t may involve sup
plying Syracuse, Albany, Troy and other
upstate cities with gas, with the prob
ability that natural gas later will be
brought into New York City.
Just across the international border
Sarnia Oil & Gas, Ltd, with leases ex-
ceeding $4,000 acres in Lambton County,
Ontario, and with pipes near such cities
as London, Guelph, Woostock, Inger-
soil and Stratford, opens its pipe line
July l to Southern Ontario Gas Co., a
Cities Service subsidiary, on contract
reported to include daily deliveries up
to 10000, 900 cubic feet. Sarnia has an
estimated daily capacity of 100000
cubic feet.
The government of Alberta plans to
construct natural gas line from Turner
Valley to the principal cities and towns
of the province, financing such a prof.
ect with government bonds. The Cana
dian Resources, Ltd. is negotiating to
supply Saskatoon, Saskatchewan, with
natural gas.
Appalachian Field.
Down in the Appalachian field Co.
lumbia Gas e. Electric is working on
the line that eventually will be used to
supply Washington, D. c., with natural
gas. That city is now getting gas in
directly from line running from
Gainesville, Pa, to the Capital. The
permanent Washington line. running
out of the Kentucky fields, now is COW
cred up from Washington to Lexington,
Va, and is being laid in the West Vir-
GINA Mountains.
Industrial surveys made public today
by Appalachian Gas Corporation indi-
cate that the three leading States
Texas, Oklahoma and California-Since
1920 have increased their natural gas
production fourfold and their number
of customers by six times. The COM
pany, which produces, transports and
distributes in Texas, Louisiana and the
Appalachian fields, is understood to be
planning further acquisitions in the
latter field.
DOWNRIGHT. 1917
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-28
BANK CLEARINGS DOWN
AGAIN DURING WEEK

Bank clearings again show a heavy
decline. The total for this week at
leading cities in the United States, as
reported to Dun's Review of $7,118,617,-
600 is 35.2 per cent below that of last
year At New York City. clearings of
$4,936, $4,000 are 81 per cent less,
while the aggregate at centers outside
of New York of $2,179,953,0 900 is 30.6
per cent smaller. There is reduction
this week from the heavier total of last
week of nearly 20 per cent, whereas a
year ago the decline was only slightly
in excess of IL per cent. For the fourth
week of June a somewhat smaller
amount Of bank clearings is to be ex-
pected, but the total this week is con-
siderably reduced, compared with the
earlier weeks of the month. Measured
by clearings. settlements through the
banks for this month show quite as
heavy reduction as for January.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-28
galley ELECTED TREASURER.
BY BANKERS FOR 22d TIME
Lincoln National Official Has
Taken Keen Interest in
D. C. Association.
His Annual Reports Have Al
ways Shown a Surplus
In Strong Box.

Albert 3. Galley, executive vice presi-
dent Of the Lincoln National Bank, was
specially honored at the recent annual
convention of the District Of Columbia
Bankers Association at Hot Springs,
Va, by election for the twenty second
time as treasurer Of the association.
For many years Mr.. Galley has been
one Of the leading bankers in Wash
ington and has taken an intense in
terest in the affairs of the District
Bankers Association. He rarely misses
the weekly luncheons at the Willard
Hotel, at which gatherings so many
problems vital to banking are thor
oughly threshed out.
During his long service with the Lin
coin National Mr.. Galley has witnessed
a great increase in the number of banks
in Washington and also noted their
substantial growth in resources and de-
posts. He has been with the Lincoln
Bank ever since it was founded
The veteran Seventh street financier
has made a remarkable record as treas
urer of the Bankers Association. He
always keeps the associations figures
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-28
TRADE
SEES MARKET GAIN
Steadily Rising Demand for
Gasoline Raises Hopes
of Producers.
Special Dispatch to The Star.

Special Dispatch to The Star.
TULSA, June ga steadily increas-
ing demand for gasoline from motorists
combined with a cent advance at the
filling stations in large part OF the
Midcontinent area by one of the lead
ing distributors recognized as the price
maker in the Southwest, has created
better feeling in the oil markets.
The strengthening of the crude oil
market in one Of the large independent
refining centers, due to the bidding for
small supply by one of the large
integrated companies. also has con-
tributed somewhat to the improvement.
1t has had the tendency to increase
the cost of the raw material by trans
ferring the cost of transportation from
the producer to the refiner. =
Return to Regular Basis.
In the Wichita Falls, Tex, region
independent refiners are returning to
the regular basis of paying the posted
price for crude oil at the wells in
stead of at the refinery. The with
chasing units from these small we'll
areas in this region had cancelled a
considerable part of the outlet the pro-
ducerS in this district had enjoyed for
years from competitive buying. 1t left
the market almost entirely in the hands
of the local refiners. who, in view of
unsettled conditions in other fields, alb
sorbed additional oil only at conces-
sions that in this territory amounted to
1872 cents barrel. the cost of pipe
lining oil from the well to the con-
sumner
The change has come about by the
hiddir1oy fOy coy1ao o mn + q lou ~,
the Texas Co. The latter has become
increasingly active in this area. It
Is representative of the more kindly
feeling the large marketers entertain
for the crude oil market. They would
rather, If need be, increase their in
ventories than liquidate them on the
current market This sentiment Is also
spreading to other areas. One of the
large producers in the Oklahoma City
field has petitioned the Oklahoma
Corporation Commission for permits
to produce a larger ratio of its poten-
tial. contending that it has found an
additional market for its oil and that
it fears premature exhaustion of its
reserves under the present low ratio of
production.
Demand Increases.
Unquestionably the demand for crude
has increased this month as the motor
ist has raised his daily mileage. This
gain combined with the recovery of
trade temporarily lost to the local
price cutter during the price wars of
last Winter, is causing the large
companies to make prepara-
tons for heavy July-August trade.
Although only a sixth of the yearly
consuming period. those months absorb
20 per cent of the years volume which
reaches the peak on Labor day.
(Copyright, 1931J
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-28
YIELD BASIS Of STOCKS
REVISED BY RECOVERY
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, June 27-The advance
of over 90 per cent in stocks in the
past week and the recovery of nearly
As per cent of the decline which &C.
Cured between February IS and June
2, has completely revised the yield
basis of many stocks. This has also
been affected by reductions in divi-
dend rates in the meantime. The net
result is that the average return on a
selected group of shares, representing
all of the different classihcations, is
about / per cent lower than it was
month ago, when the average was
approximately 61s per cent.
The list of stocks now selling over
a 10 per cent yield basis has also been
considerably reduced from the total of
more than 200 different issues in May.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-28

it while making friendships, would be
UNNECESSARILY helpful and as impor-
tant to us in our relationships with
them today as it might be to them.
"Our biggest mistake heretofore in
dealing with the Latin American has
been our practice Of applying the same
psychological yardstick to the citizen
of Chile as we use in dealing with the
native American. It just isn't possible,
and until we realize that the entire
makeup and background of the Latin
American Is just as different from ours
as can be imagined we will fail in our
purpose to place our relations on a
friendly and lasting basis"
Such a commission, Mr.. Lee con-
tends, should be permanent institu-
ton. It should be permanent because
to us has fallen pre-eminence in finan-
cial affairs and we are now the credi-
tor nation of the world. The financing
Of Latin America will more and more
fall to us.
Copyright, 1881. by North American News
Z paper Alliance, Incl
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-28
CHICAGO DAIRY MARKET.

CHICAGO. June 81 P.-Butter.
20,054, firm; creamery specials (93
score), 2414a24%; extra (92 score) &,
23%; extra firsts (90-91 score), 22l2a
%; firsts 1883 score), 20taa211 II; Sec
onds (86-87 score), 18a19: standards
go score centralized carlots), 1884
Eggs, 1915, firm; extra flrsts, 1872;
fresh graded firsts, II; storage packed
extras, TIA.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-28
POTATO MARKET.

CHICAGO. June 81 R).-United
States Department of Agricultural -
Potatoes, on track, 265; total United
States shipments, 912; weak, prices
lower; trading rather slow; sacked per
cwt., Bliss Triumphs. Oklahoma, Ar
kansas, Texas, Local 80; decayed, rs
up: Louisiana, Mississippi, 1.25a1 .35;
few Louisiana, lao: decayed, 100 up;
North Carolina barrel cobblers, few
sales $50.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-28
CURB ANNIVERSARY.

NEW YORK, June 81 R).-Today
marked the tenth anniversary of the
New York Curb Exchange as an indoor
institution. The market moved into
its original building on June 81, 1921,
and the step taken at that time brought
to close the picturesque outside mar
ket which had prevailed for many years
on Broad street.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-28
BANK STOCK MARKET
SCORES SHARP UPTURN
BY the Associated Press.

NEW YORK, June 27.-The New
York City bank stock market during
the past week registered sharp recov-
cry as compared with the previous
week. the dollar index figures compiled
by Holt. Rose & Troster indicate. Based
on June 81 prices, Is leading bank and
trust company shares we're quoted at
1871 times known earnings, against
1853 times at the close of the previous
week The yield now stands at 4.279
per cent, against 1889 per cent week
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-28

ward g. Lothrop common and preferred.
Many other corporations not listed on
the local board have also declared divl-
demos recently. What Is better still, the
regular disbursements are being paid.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-28

out Of the red, which all the member
banks admit was no easy task during
the past year. There have been other
years when the feat was not so easy,
either
Perhaps he takes a few thousand
dollars out of his own pocket in lean
years and keeps up the association
finances in that way At any rate.
when he makes his annual report at
the conventions his fellow bankers sit
back and know he will announce a
generous balance on hand.
Seward daily gateway., 1931-02-13
NOTHING !s WRONG
 WITH ALASKA, BUT
 ALASKANs, WELL

What is the matter with Alas kap All are led to believe most everything yet, every investiga- tion in Alaska has been found to be alright but as for Alaskans, well, that is SOMETHING, as a certain comedian might say
 AS all know, Congress has just completed another great investi- gation and as per usual found Alaska alright but not so good, with reference to Alaskans. The chief ailment seems to be the lack of titles, for instance, how many u. DIS or Ph. Il. or B. or Pd. G., does one find in Alaska? !? Almost none! A few To. U but Pd. Q., not a chance.
 Now friends, that your ears have been loaned, a real good thing is coming to Seward and soon for the Little Theater Club has taken this matter up and during the latter part Of March, they will come to the aid of the down trodden and forlornA es- pecially the hen-pecked husband, for at that time and for very small fee, they will distribute the title of w. T. (Woman Tam er).
 At this time the Little Theater Club is working hard on it's mag ic and will not only present a title with every seat in the thea-
Seward daily gateway., 1931-02-13
EXPLAIN NEW LAW

The property law which is pro- posed for introduction at the cont ing Territorial Legislature was ex- plained by Mrs. R. R. Hermann at meeting of the Professional and Business Women's Club of Juneau. There was a large at- tendance at the meeting, reports the Juneau Empire.
Seward daily gateway., 1931-02-13

ter, the night the next show is presented, but all will be guaran- teed good time, not to mention the fool-proof title. Most any day now the date will be set then you'll be told what's its all about.
Seward daily gateway., 1931-02-13
RECEIVES SCHOLARSHIP

Milton Lagergren, honor stu dent Of the Juneau high school has been awarded the Jennings Scholarship to the Colorado School of Mines by the Women's Auxil- iary to the American Institution of Mining and Metallurgical En- gineers, it was made known in Juneau, reports the Empire. The award was on a competitive bas- is and was made on the fine rel cord shown by the Juneau boy in two years at the Colorado insti- tuition, the recommendation of the president of the college and Gov George A. Parks.
Seward daily gateway., 1931-02-13

IF YOU HAVEN'T TRIED RLUCK'S DANISH ICE CREAM YOU HAVE MISSED SOMETHING GOOD. Sold only at the Candy Cottage. |
Seward daily gateway., 1931-02-13
WANTED TO BUY

Hundreds have sent us discarded jewelry, old gold, false teeth, bridges, crowns, silver, platinum, diamonds, antiques. Mail yours today. Money mailed promptly Goods returned if offer refused. Uhler. Sta. E. Brooklyn, N. N.
Seward daily gateway., 1931-02-13

FOR SALE CT long lease, Dream land hall. Inquire Gateway.
Seward daily gateway., 1931-02-13

LATEST INVENTION-NeW radio tubes warm-up in six seconds; For demonstration call Adams 63.
Seward daily gateway., 1931-02-13
Classified Advertising

RATES-Fifteen cents per line
 Count six average words to a line. Minimum charge 50 cents. first insertion, 7Ia cents per line for subsequent insertion.
Seward daily gateway., 1931-02-13

Practical and beautiful bridge gifts at the Alaska Shop.
The Washington times., 1931-08-21
P|LSEN'S 'SUDS'
LURE JIMMY

KARLS BAD, Czechoslovakia,
Aug, 81 UN.S0.-On his way to
Prague in a special car placed at
his disposal by the government,
Mayor Walker Of New York was
scheduled to stop over. today at
Pilsen to see how the beer for
which that town is famous is
made.
Pilsen is about halfway to the
capital of Czechoslovakia, called
the Rome of the North" where
the New York executive was in
vited to be the guest of the mayor.
It was thought likely that he
would meet President Masaryk
and other Czechoslovak officials.
The irrepreSsible Jimmy has
been unable to get much out Of
his rest cure here, at least so far
as the "rest" is concerned. Last
night he attended dinner given
by Adolf Dardach, Karlsbad mer-
chant who visited him in New
York two years ago.
The Washington times., 1931-08-21
Customs Guard Hero
To Get Gold Medal

NEW YORK, Aug. 21.-James
F. Mellow, of 1887 Seventy-ninth
ST., Brooklyn, a United States
customs guard assigned to the
waterfront in Brooklyn, has been
notified that he is to receive a
medal and $25 in gold from the
Treasury Department as a reward
for his bravery in rescuing a
drowning woman from the East
River, near the foot of Harrison
Street, Brooklyn, on May %.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1931-05-28

brary, they just didn't seem inter-
ested, and said there wasn't any
place in their collection for such
an item"
Rush, in his version Of Lewis
visit to the library said:
"He asked if we had any exhibit
of coins or medals, permanent ex-
hibit. I told him that we had quite
q numismatic collection and would
be glad to show it to him then If
he would care to look at it.
"He said no, he didn't want to see
lit, but did we have permanent
loan, and ] asked him to explain
Then he said, no, I won't do it.
And turned on his heel and walked
out Of the building. He hadn't
made the slightest mention of any
gift to the library or Of the Nobel
medal"
Professor Andrew Koegh. CHIEF
librarian. said that the Yale Ii.
brary had not refused the offer OF
the Nobel medal because it had
never been made.
I'VE would take the gift cheer
fully, he said, "all he has to do is
put it in box and mail it to us
and we will put it on exhibit for 9
period of time then place it witt
our other coins and medals.
s@As. for putting it on permanent
exhibition in the main hall of the
library that is a different matter
He would have to make formal ap
plication before it would be ever
considered"
Lewis was graduated from Yale
in 1907.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1931-05-28
Sinclair Lewis Has Run
In With Yale University
Author Says Nobel Medal Offered
to Library, Was Rejected
by Heads

New York, May ~ =, There
seemed to be a wide divergence be-
tween Sinclair Lewis and officials
of university over whether the au-
thor had offered his Nobel prize
medal to the library.
Lewis said he offered the medal,
which he was awarded with the
SAC. $50 prize. to the library. Charles
e. Flush, associated librarian, said
no offer was made.
II thought the Yale library was
the natural place for the medal,
and so while motoring from West
port, tConn.) to Bethel, (vt.) last
Saturday. ] stopped OF at-~New
Haven" Lewis said. II learned
better, however. than to Try to
make any present to the Yale IL