davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-31
STOCKS ARE lower
IN LIGHT TRADING
Pivotal Issues Sell Off and
Garry Remainder of List
Downward.
BY GEORGE T. HUGHES.

Special Dispatch to The Star.
NEW YORK, August 31.-Buying in
terest was negligible in the stock mar
ket today and prices sagged. with the
lows being touched In the last hour.
There was little real weakness. but lead
ing stocks sold Of to 2 points in dull
trading.
It was announced during the after
noon that merger negotiations between
Sears g. Roebuck and Montgomery
Ward had been discontinued, due to In
had q depressing effect on the mail
order shares. The market also was
handicapped by continued declines in
wheat and in cotton, wheat for future
delivery going to new low for the
season.
It was not anything In the news that
caused the downward trend in the early
trading. Bankers regarded the terms OF
the new Government financing as IA
vorable. There were no disturbing de-
velopments abroad. On the other hand,
there were no signs Of business improve
ment on this side.
The feature of the commodity list was
the weakness in cotton, which was not
80 easy to understand In view OF the
agitation in the South for restriction
Of the next crop Of anywhere from 80
per cent to 100 per cent. Further in
roads were made last week on the stor-
age supplies Of gasoline and OF crude
of, and that situation was encouraging;
but, generally speaking, trade as well as
the market was awaiting the turn OF
events after Labor day.
The so-called pivotal stocks were
down / to 2 points, one OF the larger
losses being in American Telephone de-
snite estimates that earnings this year
would run well above dividend require
ments. United States Steel, selling
lex" the 81 quarterly DIVIDEND was
down only fractionally..
A number Of low-priced stocks solo
OF. Alaska Juneau was under pressure
for a time and reacted sharply. Shat
tuck was weak, only a shade above the
low for the year Montgomery WARD
lost a point and American Ice dupll-
Gated It's previous low. Traders nave
been inclined of late to favor these low
nriced issues on the theory they were
less subject to attack than stocks selling
above 800 a share.
Among the few strong spots were
Loew's, which extended its gain OF last
week, reaching new high territory on
the movement. The shoe stocks were
well supported and Endicott- johnson
made a new high for the year. Lambert
was steady on expectations that the
regular dividend will be declared ct the
meeting scheduled for this week. Pay
ing 50 and having covered requirements
In the first six months, the stock looked
attractive at the market. Tobacco
stocks were o shade higher, but mac
tive. .
Little or no interest was taken IN
the railroad stocks They weakened
automatically with the industrials,
but the losses were unimportant.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-31
HARVESTING WEATHER
FAVORABLE IN CANADA
an..,,lD,snateh TO The Star.

Special Dispatch to The Star.
NEW YORK. August 3l.-Favorable
weather for harvesting has continued
throughout Canada during the past
week, enabling good progress to be made
in every province in the garnering Of
cereals, and bringing other crops TO
early maturity, according TO the latest
crop report of the Bank of Montreal.
As against this there is now general
need for rain to revive pastures and
replenish ground moisture for crops
still growing In Manitoba and Sas-
katchewan harvesting is we'll advanced
and will be general in Alberta this
week
In the northern areas of the Prairie
provinces feed is plentiful, but there are
shortages in Southern Saskatchewan
and Southwestern Manitoba. In Quebec
the hay crop proves to have been OF
good quality and cereals are yielding
well. In Ontario threshing Of cereals
is we'll advanced, with excellent yields
from Fall wheat, average yields from
barely and below average for oats. In
the Maritime provinces. while the hay
crop has proved large the quality shows
Impairment in some sections OF Nova
Scotia: other crops all give good prom
Use. In British Columbia threshing has
commenced and an average yield OF
grain crops of good quality is expected.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-31
DRIVE AGAINST FIRE
WASTE IS PLANNED
Chamber of Commerce to An.
nounce Plans for Campaign
Throughout Country.
BY CHAS. p. SHAEFFER.

Associated IreSB buSlnesb WIItei'
The National Chamber Of Commerce
will announce shortly plans for the
greatest drive against fre waste ever
attempted in this country.
The movement will be in conjunction
with National Fire Prevention Week,
to be observed this year from october
4 to 10. It will be under the auspices
of the National Fire Waste Council, an
affiliate Of the chamber, and will be
participated in by 81 national organiza-
tons and four Governmental bureaus.
including the Bureau Of Chemistry ana
Soils Bureau of Standards. Bureau OF
Mines and the Forestry Service.
Fire waste in North America Is the
largest in the world During the CAL
endar year 1880 monetary losses are
estimated by the chamber at more than
$49o ,0O0, 900, the equivalent Of $4.07 per
capita, and representing an increase OF
more than SAC, 000, 900 over the previous
year. In addition more than 10000
persons lost their lives. A large per-
centage Of the fires were held attribu-
table to carelesSness.
The national chamber, through its
own membership Of more than 1900
local organizations, and other leading
bodies interested in fire prevention will
devote the week to concentrating public
thought on the means for greater COM
munity interest in the subject. 1t will
seek. also, to formulate a year-round
program to check the growing menace.
More than 800 cities will participate
in the movement.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-31
WASHINGTON BANK
CLEAR|NGS LOWER
Sharp Decline Revealed in
Figures of Local Association.
Federal Reserve Report.
BY EDWARD c. STONE.

Bank 'clearings in Washington in Au-
gust showed decline over August, 1880,
and over July, 1881. according to the
report OF the Washington Clearing
House Association made this noon.
ClearingS in the month ending today
totalled $50, 484 1905. against $96,S79,-
442.s2 in the corresponding month a
wear ego and SLOT, 49,, 1871 in July
Of the present year.
Total clearings in the National Capt.
tai for the first eight months OF this
year amounted TO $40, los ,975.17 in
comparison with 1882 .050, 289. 80 IN the
same period q year ago.
ClearingS in every city in the United
States are running far below what they
were before the Wall Street break in
1929 Records kept by the local Clear
ing House Association, show clearings
In August. 1929 before the downturn in
stocks and business, totalled $1l3,553,-
sic, in 1923 August clearings here were
S107,049.8 44, in 1927 cancelled checks
amounted to $l03,5so, 305 and $104,-
sl2,ll9 in 1925. During the year OF
reckless Standardization clear
ings for the first eight months totalled
the record sum of 1892 099 1889.
For purposes of comparison local
clearings for the first eight months OF
this year and the corresponding months
in 1890 are given as follows:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-31

al .s84o, 165,s75 $685., o5o, 2ss
Fewer Fifth District Failures.

The Reserve Bank of Richmond's Au-
gust review Of fifth district conditions
states that the number Of failures in
the district in July decreased 81 per
cent. in comparison with a national
decline of only % per cent from in
solvencies in July. 1880. and liabilities
in the district declined l.6 per cent last
month. while the national figures show
ed an increase of 53.2 per cent in La
bilitieS.
Business developments for the dis
trict in July and the first part OF Au-
gust were said to be seasonal, with little
change from that of recent months in
the volume of trade.
las is customary at this time OF the
year, member banks in rural sections
Increased their borrowings at the re-
serve bank to some extent. incident to
early crop marketing needs, and the
circulation of Federal Reserve notes
turned upward during the first half OF
August as the result Of the opening of
auction tobacco markets in the South
Carolina belt" the review said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-31
Banks Increase Investments.

Member banks in the larger centers
were shown to have slightly decreased
their loans between the middle of July
and the middle of August, and their
deposits also showed a decline, while
they increased their investments in
bonds and securities and their redis-
counts at the Federal Reserve Bank OF
Richmond.
Debts to individual accounts in the
banks of "a trade centers in the NTH
district were lower during the four
weeks ending August IL than during
the preceding four weeks.
Employment conditions were quoted
as unchanged during July and the f1rst
half of August: AN unfavorab,e condi-
ton in view of the near approach nt
Winter weather." the review commented.
Retail trade as reflected in the re-
porting department stores showed that
sales had held up well in the District,
and in July they averaged only "a per
cent less in dollar volume than in July
1880, while the average decline for the
United States was reported to be 8
per cent.
In agriculture, Chairman Hoxton
said crop prospects were excellent III
the entire District insofar as production
was concerned, the weather having been
highly favorable for growth, but prices
were quoted low. wheat was quoted
around As cents a bushel, cotton be-
tween and 6.5 cents per pound, and
many vegetables and fruits were said TO
be at extremely low price levels.
Tobacco farmers were said to be getting
low prices, about the same as last year
and far below other recent years, but
they were found to be better off than
the cotton planters"
Today's ID. C. Exchange Trading.
August business on the Washington
Stock Exchange today wound up with
a rather quiet session. Capital Traction
stock sold in small lots at 35i2, Potomac
Electric Power 5l2 per cent preferred
moved at 11012, and a small sale of
Lanston Monotype was recorded at So p.
In the bond division. $1,000 Capital
Traction IS sold at l03l4: 81 900 Wash
ington Gas IS. series A, changed hands
at 1881; $1,000 Washington Gas Light
AIS came out at ga, and 81 900 Wash
ington Railway g. Electric As brought o..
Members of the exchange assert that.
everything considered. business on the
local board in August has been salts
factory.
Washington clearing house figures for
today: $3,306 ,955.49.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-31
NEW YORK BANK STOCKS
NEW YORK, August 81 (R.-Over-
the-counter market

First Mortgage Loans
Lowest Rates Of Interest and Commission
Thomas J. Fisher & Company, Inc.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-31
PENNSYLVANIA DIVIDEND
is SHARED BY 241, 900
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, August 31-A quarterly
dividend of rs cents a share is being
paid today to about 24l 900 holders Of
Pennsylvania Railroad stock. The num-
Der of owners of this road has increased
from 1876 900 at the end of 1929 to the
present figure, in spite Of the bearish-
ness evidenced by section Of the pub
lie or railroad securities. 1t will be re-
membered that when the dividend be-
ing paid today was declared two months
ago President Atterbury intimated that
it might have been less had not the
good effects of the debt holiday" then
been so evident. Much has happened
since TO give Pennsylvania Railroad d.
TssoIs 70 a 6sna5e the question
maintained.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-31
Change in Electric Current.

BALTIMORE, August 81 Especially -
Within o fortnight the Consolidated
Gas Electric Light d. Power Co. will
begin the distribution of alternating
electric current in downtown sections OF
the city, where heretofore only direc.
current has been served.
Under the new distribution the COM
pany Is inaugurating the FIRST steps in
its plan to eliminate the more costly
direct current type Of energy from its
system
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-17
POPE PROTESTS
SPANISH ACTION
AGAINST CHURCH
Repeated 0ffenSeS Aimed
at Sacred Rights Are
Hit by Pontiff.
By United Press

BIZ United Press
VATICAN CITY, Oct. 17.-Pope
Plus Friday ordered Monsignor
Tedeschini. papal nuncio to Madrid,
to protest energetically against
multiplied offenses inflicted against
the sacred rights of the church, :"
in the recent action of the Spanish
Cortes.
He requested Tedesehini also to
inform the Spanish cardinals, arch
bishops, bishops and priests and the
faithful that the pontiff now. more
than ever, shares the injuries. dam
gers, damages, and menaces they
are bearing and may bear in the
future.
The pope announced he would
dedicate the festival mass of Christ
the King on Oct. rs to Spain, plead
ing that God end the tribulation
and inviting the faithful to pray.
He expressed the hope that,
through the cooperation of good
men and legitimate means, it will
be possible to mend the harm al
ready done and avert more Seri-
Gus injury, which might consist in
dimming the faith of their fore
fathers, now their only salvation"
He said the present dangers were
threat to the very civilization of
Spain.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-17
Robbery Case on Trial
BIZ Times Special

By Times Special
GREENSBURG, Ind, Oct. IT,
Clarence Long of near Huntsville, is
on trial in Decatur circuit court
here on charges OF robbery and
robbery while armed, as the out
growth of the alleged holdup and
assault upon Joseph Theiman, Shell
byville cigar salesman, May 90.
Robert Stewart of near Rugby faces
similar charges. He is at liberty on
$4,000 bond. The defense indicates
it will seek to prove the local court
lacks jurisdiction, as the robbery
was committed in Bartholomew
county. Theiman, it is said, has sew
eral times identified his assailants.
The robbery Melted the bandits $40
and 500 cigars.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-17
BROTHER SLEW
TO SAVE SELF,
WITNESS SAYS
Story of Booze Operations
Barred in Feud Death
Hearing.

BIZ United Press
BROWNSTOWN. Ind, Oct. H.
Details of illegal whisky operations
became involved in the trial of
John and Pleas Spurlock here as
Pleas took the witness stand to
testify regarding the Staying of
Patton Gibson, GO, last Dec. IA.
In a low voice, Pleas Spurlock
told the court that his brother killed
Gibson in self defense. Gibson had
drawn revolver and was attempt
ing to shoot John, his brother testi-
fed He said that he and his
brother and Gibson operated several
stills in Washington county and
that they frequently quarreled.
The state contends that Gibson
was murdered by one of the Spur
lock brothers while the other held
him. Before it rested its case yes
terday afternoon, it attempted to
show that Pleas was the murderer.
Mrs. Angelina Gibson, widow OF
the slain man, was one of the last
witnesses for the state. She testi-
fed that Pleas shot her husband
while John held him
State police, deputies and game
wardens maintained their guard
around the courthouse and pris-
oners. Because Of the long stand
ing feud between the Spurlocks and
Gibsons, authorities have feared an
outbreak during the trial.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-17
u, S. FOREIGN
TRADE GAINING
September Exports Greater
Than Imports.

By United Press
WASHINGTON, Oct. 16.-United
States foreign trade increased in
September, and the trade balance,
unfavorable in August, again was
favorable, the commerce depart
ment announced today.
Exports in September amounted
to $l81, 100000; imports were Ill.,
000,000 Exports we're $16,000,000
higher than in August Imports
gained $4,330,000.
September exports, however, were
third lowest Of the monthly totals
so far hits year. Only July and
August totals we're lower Imports
were second lowest, with only
August lower.
The trade balance for the nine
months as a whole was favorable,
but foreign trade for the period was
considerably less than for the cor
responding period a year ago. Ex-
ports were $1,109, 941 900 less and
imports $782,031 900 less.
Increased cotton exports we're held
responsible for the September gain.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-17
NOTEDFRENCHAUTO
HEAD VISITS HOOVER
Andre CitrOen RepayS Call
President Once Made
on Him.

BIZ Scripps-HoWGrd Newspaper Alliance
WASHINGTON, Oct. 17.-Andre
Citroen, French automobile manu-
facturer, whose diminutive cars are
as popular in France as Henry
Ford's are in the United States, has
repaid a social obligation to Presi-
dent Hoover, with a visit to the
White House this week.
A few years after the war, when
Citroen just was getting into his
mass production strides, Herbert
Hoover called on him in Paris and
was conducted through his plant.
While in the United States Gil
troen is going to pay some addi-
tional courtesy calls. He is going to
Detroit to visit Ford's factories, and
the General Motors plants.
THE automobile industry has not
slumped in France as it has in this
country" Citroen said. Our pro-
ductior for the year is but 10 per
cent less than last year"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-17
GRID FANS ROBBED
Thieves Break Into Autos,
Steal Belongings.

While gridiron warriors waged
battle at Butler stadium Friday
night, thieves broke into automo-
biles of three spectators, stealing
$210 worth of belonging, police said
today.
Helen Hitch, 3O06 Broadway, re-
ported the theft of two travelling
bags containing 500 in clothing
from the automobile of Wilbur AL
len, Greencastle, which she was
driving
Theft of jacket, a coat and a
watch from his car parked near the
field house was reported by Ed
Campbell of 1900 Brookville road.
Campbell estimated the loss at 500
Jack Scotterday of 1913 West
Twenty-ninth street, reported the
left wheel and tire of his car was
stolen while the watched the game
Pearl G. De Wore Of 1925 West
Thirty-third street. reported $11
worth of tobacco was stolen from
his car Friday while parked near
Technical high school.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-17
JUDGE ADMITS ERROR,
GIVES CITY NEW TRIAL
Date Not Set for Rehearing of
Stanford ZOning Case.

Asserting he realized I over
reached myself in making the for
mer entry" Superior Judge Clar-
ence Weir today granted the city a
new trial in the SiX-year-old coming
case of Mrs. Mary Stanford.
Mrs. Stanford, owner of property
at the approach of the Delaware
street-Fall creek bridge, was VIC
tor several months ago in her ap-
peal from a city coming board ruling.
The court declared she could sell
the remainder of her property for
filling station use because it was not
suitable for residential purposes.
The city maintained that since
she had sold a section of the same
tract to the city for thoroughfare
purposes the proposed oil company
was not permissible.
New trial date has not been set.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-17
Taxes to Be Less

Do 7 MUS NptLIUN
GREENSBURG, Ind, oct. IT.
Taxpayers of this city will save Is
cents on each 500 worth of prop
erty when they pay next year. The
levy has been reduced from $3.12,
paid this year, to 1924. The cuts
range from a high mark of &c cents
in Jackson township to 8 cents in
Salt Greek, township.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-17
Chicken Thieves Sentenced

By United Press
GREENSBURG, Ind. Oct. IT,
Two men were sentenced to from
to years
one to five years Imprisonment and
a women companion is awaiting
trial following arrest here on charges
of chicken stealing. They are George
Lowe, William Duncan and Nora
Miller, all of Decatur county. The
two men pleaded guilty in Jeffer-
son circuit court at Madison, where
they sold the stolen fowls. The
woman is in Jail here. A search of
a thicket where she was in hiding
started a rumor that Duncan had
slain her and hidden the body.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-17
Bank Robber Identified

BIZ Unitcd Press
FRANKFORT. Ind, Oct. 1.-THE
picture of a man under arrest in
Martinez Cal, was identified here
as one of the participants in the
robbery of the Farmers bank last
December. when $4,000 was OBJ
tanned. II is reported to local au-
thorities that the man. known as
Omar" was arrested when he at
tempted to cash travels checks
taken in the robbery.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-17
Church Men Organize

By Times Special
GREENSBURG, Ind, Oct. IT,
Organization of Mems Brother
hood of Disciples of Christ churches
in Decatur county has been effected,
co-ordinating activities of the men
of seven churches. Omer Williams,
Westport, is president; Ira B. Hite,
Clarksburg, vice president, and
Clifford Elder, GreenSburg, secre-
tary-treasurer.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-17
Two Rivers Polluted

81 iWncS NpcCldt
HUNTINGTON. Ind, Oct. IT.
The state board of health has served
notice that it must have a favorable
report by Jan. 81, 1882, on what
steps will be taken to stop pollution
of the Little and Wabash rivers
here. The notice is directed at the
city of Huntington, the Indiana
Hide and Tallow company and the
Cloverleaf CreamerieS. Inc.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-17
NEW Workers. APPEAL
STUMPS PROSECUTOR
Brooklyn Man Asks Details of Kin's
Murder Back in 1890.

Here's murder that is a mystery
to authorities.
Prosecutor Herbert Wilson today
received letter from Walter Wal
lace, Brooklyn, N. Y, asking infor-
nation on the Staying of his great
grandfather, William Hamilton Wal
lace, somewhere in Indiana in 1890.
The information contained in the
letter was meager, asserting the
man was slain for his money.
All Wallace wants to know is
where the murder was committed
III Indiana and complete account
OF the records in the case, wherever
they may be.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-17
COMMITTEES ARE NAMED
Technical High School French Club
Chooses Boards.

A membership committee and a
program committee were named by
LIE Circle Francois, French club at
Technical high school, at meet
ing Thursday.
Appointed to the membership
committee were Elysee Crosier,
chairman; Mariemma German,
Evelyn Hockett and Alice ST. Helens.
Members of the program commit
tee are Ruth Dornan, chairman;
Glenn Clark, Mary Avis Bell and
Adeline Walker.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-17
THESPIS TO GIVE PLAY
Butler University Dramatic Club to
Entertain Teachers.

Thespis, dramatic club Of Butler
university, vii present The Drums
of Dude" Thursday afternoon at the
Masonic temple. The presentation
will feature the annual State
Teachers Association meeting here
next week. Eugene McMannmon
and Paul Duncan are leaders in the
cast.
Other members OF the cast are
John Barragry, Allen Hall, Miles
Sweeney, Edward Perry and Mari
francis Cray. Stage director of the
one-act play is Jesse Pritchett. Miss
Eugene FIT is director.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-17
Toys to Be Repaired

BIZ Times Special
COLUMBUS, Ind, Oct. Tin
order that poor children of the city
may be happy at Christmas, the
two city fire companies are opening
toy shops in fire houses where the
firemen will renovate discarded
toys. The firemen are asking that
residents of the city gather all dis
carded toys and send them to one
of the fire houses.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-17
81 Times Special

81 I UNtN NUttIWt
COLUMBUS, Ind, Oct. 17.-John
Swank, trustee of Ohio township,
has been informed by the state
board of accounts that his township
has S524,79 coming to it and that
the amount is now available This
was due to mistakes made in state
aid money distribution in 1927 and
1929
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-10-17

Open forum season OF the
Kirshbaum Center, Twenty-third
and Meridian streets. will be
opened Sunday night by Senator
Robert NJ. La Toilette Jr. of Wis
consin, speaking on What Do
the Progressives Want?r
1t is the beginning of the sixth
season of the forum, open to the
public. The program is to begin
at 8:15 Sunday night