davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-27
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, September 26.-The
following Is today's summary Of i'm
portant corporation news prepared by
Standard Statistics Co., Inc, New
York, for the Associated Press:
International Power Co., Ltd, con-
solidated earnings year ended June 80
equaled SO cents common share, VS..
Sc cents.
z New York, New Haven & Hartford
Railroad August surplus, after charges,
of 61.3 per cent; eight months, on 34.7
per cent.
st. Louis Southwestern Railway
August net income, $l0.329, VS.. net
loss, S29,139; eight months net loss,
s434.39 VS.. net loss, $55.6SS.
Anaconda Copper Mining - Bank
loans believed around 100000, 900. VS..
balanced by metal on hand and IN
process.
Chicago Great Western Railroad Az.
guest surplus, after charges, of 49.9 per
cent; eight months. up 29.2 per cent.
Eaton Axle g. Spring declared Is
cents quarterly common dividend; for
merly paid 40 cents.
Erie Railroad August net operating
income on 3s.s per cent; eight months,
r international Great Northern August
net operating income, $342. 1877, VS..
sI51,095; eight months, $2,lls.7s3, VS..
Los Angeles Gas & Electric gross
earnings on OIL per cent in IL months
TO August 81; net income on lsf per
cent.
Missouri-Pacifc Railroad August net
operating income of I'll per cent;
eight months, OF 10 per cent.
Montgomery Ward 81 Co.-Enters
wholesale lumber field; to furnish lun-
Der from present mill connections
New Orleans. Texas & Mexico Rail
way August net operating income on
47.4 per cent; eight months, OF 42.1
per cent.
Transcontinental Air Transport. sub
sidiary Transcontinental g. Western
Air, Inc, cuts salaries from 2i2 per
cent to 20 per cent, effective october /.
United States Cold Storage-Nine
months net estimated at S236, 900, or
within $4,000 Of dividend requirements
for entire year.
Eastman Kodak Co.-Subsidiary,
Tennessee Eastman Corporation. to be-
gin acetate yarn production in October.
Dunlop Rubber Co. Ltd.--PaSSed in
time; action on preference dividend to
be considered when accounts for year
are complete.
4. Great Northern Railway August net
operating income of 46.4 per cent; 6
months of $50 per cent.
Lima Locomotive Works gets con-
tract for 80 electric locomotives from
Pennsylvania Railroad.
!. Shenandoah Corporation defers ac-
lion on November dividend on prefer
eYce stock; paid 1-32d of share COM
mon stock or IS cents cash ON August
J.: net assets September "a equaled
1894 a share $50 par preference stock;
bank Indebtedness totals $3.50 900:
cash about 81 100000.
sStewart-Warner Corporation makes
general cut in salaries and wages rang
ing from 10 per cent to IA per cent
Swift & Co. entry into ice cream bust
ness reported awaits completion Of
manufacturing experiments.
Transamerica Corporation stockhold-
ers' group opposed TO disposing of COM
.pany's bank holdings said to represent
about 1000, 900 shares.
:. Nicholson File cuts salaries and wages
10 per cent.
Perfect Circle plants operating around
is per cent OF capacity.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-27

the past week, may permit lower prices,
stimulating buying and thus permit
more regular employment. This would
Offset to great degree the reduction
in wages.
Agricultural.
Agricultural prices receded only frac-
tionally, but made new low point
All the grains showed declines, with the
exception of barley. which remained
steady. There was no marked strength
in any Of the agricultural products.
Hides and Leather.
Hides and leather prices showed
drastic decline from the previous week
and the index has now returned to
May levels and is only q few points
from the low Of March.
Fuels.
Fuels is one group to show. a favor
able upturn. due to an increase in the
price OF kerosene. The index advanced
fractionally to a new high on the up
ward movement since the beginning
of July.
Most important price changes in the
McGill weekly commodity price induces
1926-100.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-27
PRESIDENTS SUICIDE
CAUSES BANK CLOSING
Richmond, Va, Institution Is 10
Be Audited by State De-
partment.


RICHMOND. Va. September 2e.-
The Broadway Bank e. Trust Co.,
whose president, L. W. Hoffman, was
found dead In his bed room yesterday,
was closed today for an audit by the
State Banking Department.
A notice signed by NJ. Z. Bristow,
commissioner of banking and insurance,
was posted on the closed doors.
Coroner j. NJ Whitfield, returned a
verdict that the cause OF Mr.. Hoff-
mans death was suicide BY gas.
The Richmond Clearing House Asso-
citation, of which the closed bank was
not a member. issued the following
statement to depoSitors
Following the sudden and regret
table death of the president of the
Broadway Bank 81 Trust Co yesterday.
the Clearing House Association has not
had sufficient time to make a detailed
examination of the affairs of the bank
and evolve a plan for the protection Of
the depositors.
las soon as the State Banking De-
partment completes its Investigation
the clearing house will promptly en-
ceayor to take such steps in the inter-
est Of the depositors as may then seem
best, although the bank was not O mem
Der OF the clearing house"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-27

Dividend rates given the are annual
tions = - ~ ~ - ~ 1850 --
a.. Ed sIes than 100 Partly
eayaole IN STOCK PAYABLE in cash stock Plus s%
81 in stock. Paid this So in
stock. Plus 2l2Go "
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-27
Commodity Price
Trends of Week

Editor Meoin Commodity Service, Ii

Editor MeGill Commodity Service, Inc.
AUBURNDALE, Mass, September IS
(P.-Commodity prices during the past
week continued their renewed decline
since the last Of August. Although de-
clining only fractionally. established
new low point. Only 2 groups out of
IA showed increases and these were
fractional. New low points were made
in the indices of industrial and agri-
cultural products as well as live stock.
Industrials Decline.
Industrial prices declined due to
hides and leather. textiles, fine and
coarse: vegetable oils, paint materials
and non-ferrous metals. Building ma
terials and fuels were the groups show
ing increases. Chemicals, ferrous
metals and paper remained the same.
The most important news Of the week
was the temporary abandonment by
England of the gold standard. Com
modify markets stood up we'll under
the shock until ! Thursday, when a
drastic decline took place. A drop In
sterling influenced an upward move
ment In commodity prices In England,
but not in this country. A reduction
in salaries. and wages in several i'm
portant industries, such as steel. copper.
coal and automobile, efiected during
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-27
Trade Trends

By the Associated Press.
Business Machines-James H. Rapd,
IT., president OF Remington Rand, Inc,
reported today that orders booked thus
far this month are 6lz per cent higher
than in August and asserted that the
first definite sign of improvement had
developed.
Copper .-Imports OF manufactured
copper in August showed an increase
over the previous month, but were
sharply under June. Inc total for last
month was 1928 metric tons, against
1886 tons In July and 2l,055 tons in
June Exports from the United States
totaled 1850 tons in August against
49, $40 in July and 1887 in June. The
figures are from the American Bureau
OF Metal Statistics.
Floor Coverings.-Sellers of hard and
soft surface coverings report that this
weeks business in the primary market
held up favorabiy, compared with last
week. The past few days brought q
little accelerstion in buying because OF
heavy liquidation of stocks last week.
Orders were largely for immediate de-
livery. Linoieum and felt-base floor
covering sales were slightly improved
en- the cheaper grades. There has been
an increase in hard-surface retail pro-
motions which is expected to be reflect
ed in primary circles next week.
Steel.-Youngstown steel plant oper-
atlons will show a sharp decrease next
week, 1t was estimated today, with Dow
Jones g. Co. figuring the production
rate at 80 per cent of capacity, of
per cent from the current week. Car
negie Steel Co. will operate next weei;
at IS per cent. of 5, and operations al
youngstown Sheet g. Tube will drop 10
per cent to 20 10 IS per cent. Republic
Steel Corporation. instead Of decreasing
viii expand slightly.
Turpentine.-ConSnm of resin and
| turpentine continued this week to bus
! only TO meet current requirements and
display the utmost caution in specify
ing future deliveries Despite the lower
basis this week for gum turpentine
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-27

manufacturers of the wood product let.
prices unchanged on the basis of SO
cents a gallon for the steam distilled.
Wood resins also continued at the level
Of $3.70 for IF, ex-dock, for large
quantities.
Wool-Nearly 100000 pounds Of
Western wool were sold during the
week ended September 10 by the Ma
tional Wool Marketing Corporation for
its Western grower associations, 1t an
nounced Movement of wool from huge
Boston warehouses of. the National con-
tinued steadily dufing the week to mills
in the face OF rather quiet trading and
a somewhat unsettled market, appar-
entlv induced by wide fluctuations in
sterling exchange.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-27
CAR INJURY COSTS GREAT
Annual Bill $25, 100000 Doctor
Tells Hospital Association. e.

TORONTO, Ontario, September 26
RD.-The annual hospital bill for auto
mobile accident victims in the United
States is approximately SIS 100000, DR..
o. A. Fonkalsrud Of Sioux Falls, s. OAK,
told the American Protestant Hospital
Association here yesterday.
DR.. Fonkalsrud, who Is superintendent
of the Sioux Valley Hospital, said in
some States the hospitals were asking
for share Of the gasoline tax receipts
to provide for INDECENT victims.
John A. Manamara, executive editor
OF the Modern Hospital. Chicago, urged
closer cooperation between hospitals
and newspapers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-27
ROBBER IS SENTENCED.

ATLANTIC CITY, N. j., September
&c CP).-Lawrence J. Frisbie, 81. Of
Chicago, was sentenced to three years
in State prison by Judge william H.
Smathers at Mays Landing yesterday.
He was convicted of stealing an au-
tomobile and $3.50 in cash from Mr. and
Mrs. Charles E. Bennett Of Huntington
Park, Calf, both of whom are blind,
in this city two weeks ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-27
CHICAGO DAIRY MARKET.

CHICAGO. September 26 (R.-But-
ter, $3.50 tubs, firm; creamery-specials
1913 score), 32a32k2; extras coz score) t,
SIN; extra firsts (so-sl score), 2sas01s;
firsts (S8as9 score), 261aa271a; seconds
(s6-S7 score), 24a25la; standards 600
score centralized carlots), 301a. Eggs
5,45l cases, firm; extra firsts a.; fresh
graeed firsts, 81; current receipts, lSa
1917.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-27
RAILROAD EARNINGS.

NEW YORK. September 26 OP).-The
first ~ railroads TO report had Au-
gust net operating income OF $22.673,-
900, against $38 .S96. 900 IN August. 1880,
= decrease of 39.2 per cent. Their July
net income amounted to $20,6S2, 900,
which was 3l.6 per cent less than the
same month q year ago. Only 2 rail-
roads out OF 81 reported gain in Au-
gust over August, 1880.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-27
10Th DIVISION HOLDING
-. ASBURY PARK REUNION
D. c. Veterans March in Parade
. and Col. L. w. Heron Is Due
to Speak at Rites.
d ths Associated Press.

BY the Associated Press
.ASBURY PARK, N j., September
26.-Far different then when they
marched to war in 1918, but with all
their old-time splendor, more than 5000
members Of the goth Division convened
today for their two-day reunion which
will eliminate Monday In the embark
ing on the Rochambeau of a large con-
Jngent who will review the battlefieldS
OF France and select a site for me-
~ A parade In which delegations from
Maryland, Virginia, District of Column
bia, Connecticut and New Jersey march
ed in that order, was q. feature.
Col. Leroy w. Heron, Washington,
will speak at memorial services tomor-
row.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-27
Discount Rate Raised

ATHENS, September % Rl.-The
Bank Of Greece raised its discount rate
today from 8 per cent to IL per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-20
II the s5th, communications were in poor

the 35th, communications were In poor
The severity Of the fighting, the heavy
| casualties and the tntermingling of
| troops in some of our divisions were
such that it seemed advisable to place
in the line other divisions with more ex-
perience which had now become avail
able. It was also thought best to limit
| activities to local attacks for two or
three days. The 32d (Haan) and the Sd
(Buck) Divisions were brought in to
| relieve the 37th (Farnsworth) and 10th
(Kuhn), and the LIST Division (Sum-
meralD took the place of the 35th
(Traub). The s1st was withdrawn to
| corps reserve, and the CPD was placed
at the disposal of the French 38th
Corps, which was on the left Of the
1st Corps.
These changes, involving the move
| ment of more than $4,000 men over
the limited routes available, already Sc
verely taxed with the transportation of
ammunition, food and the evacuation
of wounded, were successfully made and
the Army was ready for the renewal Of
its attacks.
Pershing Actively in Command.
1t was a matter of keen regret that
the veteran I'd Division was not on
hand, but at Marshal Foch's earnest re-
quest 1t had been sent to Gen. Gouraud
to assist the French 4th Army, held up
at Somme Ply. At no time did refuse
Foch'S requests to send divisions to the
assistance of the allies, no matter how
1nconvenient. I always insisted, how
ever, that these should operate as Amer
lean units and should return to my
command when they had accomplished
their emergency mission.
If Wac Of1a thing IN fut7f q ho4
well trained, we'll organized and expert
ehced troops, but quite another to take
relatively green troops and organize,
train and fight them at the same time.
Some of our divisions that lacked train
ing could not have been considered
available for this operation had it not
been for our belief that the morale Of
the enemy in general was rather low,
and that this was the opportunity to
throw our full strength into the battle
with the intention of winning the war
in 1918.
During this phase and throughout the
battle I frequently visited corps and di-
visions to give personal encouragement
to commanders and stats, to point out
deficiencies, to adjust difficulties. to keep
myself directly informed of progress
and to indicate the most advantageous
methods of handling the troops in fu-
ture attacks. In order to keep in closer
touch with the activities of our forces,
my personal staff and other officers
especially qualified for this duty were
sent to the front to observe the progress
Of the different units.
September 20 Premier Clemenceau
visited the 1st Army. He was pleased
with our progress and especially de-
lighted at the capture of Montfaucon.
He insisted on going there, notwith-
standing my warning that it was dam
gerous and that the roads were filled
with traffic. felt real solicitude for
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-20

al C1ldl
involved the left of the 91st, but made
no progress against it.
Germans Regain Ground.
Three new German divisions had ap-
peared by September 80 on the front OF
the 1st Corps, and the battle continued
with increased intensity. The 35th d.
vision was stopped by heavy fire soon
after its attack opened September 81,
but later in the day it captured Char
pentry and advanced to the ridge
northeast, though suffering severe casu-
alties. Montrebeau Wood was taken
the 28th, and early the morning of the
goth a detachment reached EXermont
Valley, but, being nearly surrounded,
withdrew to the starting point. En-
countering very heavy artillery fire and
an advance of the German SD and the
5th Guard Divisions. the 35th withdrew
from Montrebeau Wood. which 1t had
taken the day, before. The 35th suffered
heavier casualties than any other divi-
sion during these four days OF continu-
GUS fighting.
The 18th Division, though subjected
to strong artillery and machine gun fire
from the bluffs of the Argonne. cap
tured Montblainville September II. 1t
firm opposition from positions in the
vicinity of Champ Mahaut. but carried
them on the 28th, and also captured
Apremont. On the 29th, after repulsing
a German counter attack. slight ad-
vance was made against the defenSes OF
LIE Chene Tondu.
The nth Division encountered stiff
resistance in the Argonne the 9th, and
was held to a small gain, but moved
forward about a mile on the 18th. On
the 29th its right was advanced with
little opposition.
During the first four days Of fight
ing the 1st Army. west of the Mouse,
had made a maximum advance OF
about eight miles, reaching the Bots
de Ia Cote Lemont-Nantillois-A pTe-
blow so powerful that the extreme
gravity of his situation in France was
obvious to him.
From the North Sea to the Meuse
his tired divisions had been battered
and nowhere with more logged de-
termination than in front of the
American 1st Army, his most sensitive
point. The initial moves Of the Ger
man government to stop the fighting
occurred at this time and without
doubt because of the results of these
four days of battle.
Praises German Soldiers.
The enemy must have realized that
the complete loss of his positions on
the west bank of the Meuse was only
question of a short time. He had
to hold his third defense position on
our front or leave his troops opposing
the French 4th Army exposed to flank
attacks, thus jeopardiEing his vital
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-20

artery Of communications. To avoid
this calamity he was compelled to
weaken his power Of resistance on
other fronts to provide reinforcements
for his struggle with our LIST Army.
1t should be recorded that in this
dire extremity the German soldier de-
Tended every foot of ground with des-
perate tenacity and with the rare skill
of an experienced soldier.
The enemy quickly brought up re-
Inducements, enc division arriving the
afternoon of the Goth. BY the both
he had added six fresh divisions to his
lines, with five more in close reserve.
The 10th Reserve Division entered in
the Argonne, the 5th Guard Division
on the Aire, the 5th Bavarian Division
near Nantillois, the 37th Division west
Of Nantillois, the 115th Division near
Cierges and the SID near Exermont.
These were the divisions the Germans
used to make the violent counter at
tacks against us which have just been
mentioned. Our initial gains had been
made against II enemy divisions.
The difficulties encountered by our
inexperieced divisions during this
phase of the fighting were not easily
overcome Liaison between the various
echelons was hard to maintain owing
to the broken nature of the terrain
and the numerous wooded areas. They
were supported in most instances by
artillery units with which they had
never before Unanswered, so perfect
teamwork between artillery and in
fantry was not at once attained.
Supply Was Problem.
The question of supply during the
Meuse-Argonne operations, especially in
the beginning, gave us much concern.
the three roads crossing no mans land
over which artillery and supply trains
had to move were impossible in many
places. After four years Of neglect and
frequent bombardment, scarcely more
than traces were left. In addition to
having been blown up in many places,
they were further damaged by the ex-
plosion of contact mines planted by re-
treating Germans.
During the first four days, especially,
although we had superiority in the
number of guns, the enemys artillery
had the advantage of hidden flank po-
sitions on the heights Of the Meuse and
in the Argonne. 1t had almost full play
on the more exposed elements of the
advance, and its croSS-fire caused us
many casualties. The tremendous num-
bers of machine-guns, located in mac
cesSible places, gave us much trouble.
Telephone communications we're diff
f1cult, mainly due TO destruction
wrought by the enemy's artillery, al
though somewhat due to the inexperi-
ence of our personnel. In the 5th Corps
the signal battalion joined on the eve
Of battle, and had to learn its duties
under fire. In some divisions. especially
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-20

widow, Mrs. Eva Jarboe: his parents.
Mr.. and Mrs. John Warren Jarboe:
three brothers, George W., Joseph n.
and Kenny Jarboe, and sister, Mrs.
Mary Barteln1es.
The funeral win. be conducted in
st. Peters Catholic Church at am.
tomorrow, following brief services at
the home of his brother, George w.
Jarboe, 144I East Capitol street. Inter-
ment viii be in Mount Olivet Cemetery.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-20

his safety. as Montfaucon was target
for the enemy's artillery. The road he
| took was crowded with trucks that
morning. He failed to reach Montfau-
con and left rather disappointed. think
ing, no doubt. that our transportation
was hopelessly swamped, as we soon be-
gan to hear criticisms to that effect, not
only by the French, but even by some
Americans.
125,00O on Roads at Once.
The truth is that while the roads
were at times eongested in places, no
such general condition existed. This is
shown Dy the fact that in the relief OF
three divisions by three others more
than l25, 900 men were handled over the
roads at this time, in addition to regular
supplies. Under the circumstances the
movement of the truck trains required
for this purpose was especially well
handled. The number of troops moved
in this change was greater than the en-
tire Northern Army in the battle Of the
wilderness
Good reports came in regarding the
operations on the 29th of our I'd Corps
(Read), which was with Gen. Rawlin-
sons British 4th Army. With both the
30th Oewis) and the 9th (ORyan)
Divisions in line, this corps formed the
main wedge in the attack against that
pOIClOIl VI bIle SeTUldH lines WHICH IN
Guided the Bellicourt Tunnel of the
Cambrai-St. Quentin Canal This tun-
mel, about $500 yards, served as an ex-
tremely effective shelter for the pro-
lection Of German troops in that sector.
The I'd Corps, attacking September
90 against stiff resistance, CALAMITY
captured the ridge line of the tunnel,
part Of the Hindenburg line. The 30th
Division did especially well. 1t broke
through the Hindenburg line on its en-
tire front and took Bellicourt and part
of Nauroy by noon the goth. The Aus
tralian 5th Division, coming up at this
time, continued the attack with ele-
ments OF the 30th Division, and the
line advanced a considerable distance.
The 9th Division, due to no fault
Of it's own, had been unable to take full
advantage of the accompanying bar
rage, its leading waves being about
LOO yards from the iump-of line when
the attack started. Despite this handi-
cap. 1t took the enemy trenches Of the
Hindenburg line south of Bony, had
captured the Knoll and had established
its line south from that position to a
point just west of Gillemont farm.
Tomorrow: Shipments again fall be-
hind.
Copyright, 1881. in all countries by the
North American Newspaper Alliance World
rights reserved. Including the Scandinavian.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-20
MAURICE |. JARBOE
DIES AT AGE OF Al
Native of Leonardtown, Md, Had
Lived in Capital Since
Childhood.

Maurice I. Jarboe, Al years old, died
in Providence Hospital yesterday after
an illness of two weeks. Mr.. Jarboe
was a native of LeonardtoWn. Md, and
had been a resident of Washington
since early childhood.
He was educated in st. Peters
Parochial School. For a number of
years he had been employed in elevator
construction. He is survived by his
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-03-20
Stricken italian Gunboat Sent Aid.

ALEXANDRIA, Egypt, March 20 up.
Information by wireless to Lloyd's
today said that the small Italian gun
boat. Porto Corsini, was in distress
80 miles south Of Sheduan Island. Re-
lef vessels are proceeding TO her assist