davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-06-06
CUIU SVUld dKt Jo Ut
STOCKS.
ry,ryy~ r,-rryTrv
PUBLIC UTILITY,

American Tel. & Tel t9....... SO 49,.
Capital Traction t2l............ 10ls l2l2
Wash Gas Light Co. DID,. 70 IS
N & w Steamboat 12l .,.... us $50
Pot Elec Power 81 pfd...-::. l07 :::.
Potomac Elec Power slaSo ptd. l0l24 1c224
Wash Rwy. & Elec. com. 90. ESQ 28o
Wash Rvy. Elec. pfd 3d.. II 81
The following figures are not bids. but
merely represent minimum prices fixed by
the washington Stock Exchange:
Evening star., 1932-06-06
CURB SHARES SAG :
IN QUIET MARKET
Public Utilities Make Best
Showing-Changes in
Narrow Range.
BY JOHN A. CRONE.

Special Dispatch to The Star.
NEW YORK, June 6.--An irregular
opening on the Curb Exchange TODAY
was followed by a slight downward
drift OF prices. The lowered quotations,
however, failed 20 bring out any in
crease in offerings.
Electric Bond & Share at midday was
at 712, of Is. Standard Oil of Indiana
at 17a4 was of "a points. American
Gas & Electric declined almost a point.
Consolidated Gas of Baltimore eased
about "a. Cities Service at 234 was up
"a point.
There was little in the way of week
end news that could be classed as dis
tinctly unfavorable, but the market met
some early profit taking induced by the
three successive rising sessions of last
week. Bickford's reported May sales
down IL per cent. Ford reported Nav
output OF cars and trucks at 72,l40
units and announced June production
would reach 1l2,l6 units
European cables indicated that Ford
plants in Belgium, Spain, Germany,
turkey and Japan will be in production
within week and that before the
gentlna and Brazil will be in operation.
Nevertheless this news was not at once
reflected on the tape in any of the
various Ford issues.
The oil industry is the first major
trade to show signs of reaching a profit-
able basis, yet the petroleum shares,
after weeks OF relative steadineSs and
even hrmneSs, were off slightly today.
Ihls was true during the early after
noon OF such issues as Humble Oil.
standard OIL of Kentucky and Inter-
national Petroleum, though Gull OIL
pointed upwards
Public utilities made the best display
OF strength during the forenoon. As
soclated Gas & Electric certificates
were up AZ. Duke Power was UP about
haf that amount Electric Bond Sy
Share per cent preferred opened up
point
Interstate Power of Delaware pre-
1erred rose about points, though Ma
tlonal Power g. Light preferred lost al
most that much after its brisk recovery
In the final minutes of Saturdays ses-
sion. Standard Power & Light pre-
ferred was strong.
American Cities Power &, Light A
held steady around l712 as the COM
pany reported net assets on Nav 81
equaled s72l5 per share on that stock.
Mldvale Co. (of Delaware) sold at 1O1s
after its last previous sale early in April
at 26i2. Saturday the tape printed a
nun Der Of bids and offers on this stock.
but no transactions in it.
NeWmont Mining was the strongest
OF the active copper shares. Hudson
Bay Mining and United Verde Exten-
sion were steady: Roam Antelope, cables
from South Africa reported, treated
$4,000 tons of ore in May. averaging
3.85 per cent copper, the smelter output
being 1872 long tons of blister copper
aSsaying 99.59 per cent copper.
Evening star., 1932-06-06
q. S. TREASURY CERTIFICATES
Washington Stock Exchange

SALES.
Potomac Electric 5i2fe pfd.-5 at 102.
AFTER CALL.
Potomac Electric 5l2Go pfd.-2 at 1929.
Washington Gas SIS "A'-s1 900 at
9S24, $1,000 at 98s4, 81 900 at 98&.
Potomac Electric SO pfd.-l0 at LOT, 2
at 10712, / at 10712.
Evening star., 1932-06-06
BOND PRICES HOLD
. RECENT GAIN WELL
Some IrreguIarity Crops Out,
, but Many Gains Are
Recorded.
BY F. H. RICHARDSON,

Special Dispatch to The Star.
o. NEW YORK, June 6-Considering
the amount Of advance in individual
bonds and in the bond market average,
the action of the list today was surpris-
ingly good.
While there were losses in bonds that
had advanced from 10 to nearly 70
points at the end Of last week. other
Issues gained to 6 points in adjusting
their quotations to what had already
taken place in similar obligations.
Trading was active and the interest
In the market in all directions broader
than it has been in months.
The most important advances were
once more in the railroad group. They
included such early gains as points
In New York Central debenture IS,
which afterward lost part Of their ad-
vance, and nearly points in the de-
benture As Of this road; 21a points in
Great Northern 412s and in Baltimore
& Ohio 4las, over points in Baltimore
& Ohio IS, and 612 points in the South
western division SIS of this system; a
point in Erie refunding IS, Great North
ern general SIS and Chicago & North
western 6las. and points in Western
Maryland 512s.
Great Northern Is. which rose over
points on Saturday, were off some
what on profit taking, which was to be
expected of bond that had advanced
% points In three days. There were
also declines in Union Pacific As, Atchi-
son General As, Northern Pacific 6S,
Southern Pacific 4l2s and in the Frisco
& Rock Island junior mortgages. Chi
cago Great Western As declined 3 points
after gaining over 8 points on Satur-
day. Obviously the rapid advance in
many railroad bonds had corrected the
dangerous conditions that surrounded
them and made further support Of them
unnecessary.
In the junior issues Of the public
utilities the strongest were those Of
American Water Works, North Ameri-
can Edison, Utilities Power & Light,
International Telephone & Telegraph
and Hudson g. Manhattan. On the
other hand. Brooklyn Manhattan
Transit IS had severe decline in
sympathy with the action Of the stocks
Of this company. American & Foreign
Power IS lost IL points, rejecting the
interests of this corporation in Chile.
The establishment of a Socialist gov
ernment in Chile caused a break of 5
points in Chile Copper debenture IS and
carried the various defaulted Chilean
government loans down to about their
previous low levels. None Of the other
South American bonds, however. we're
affected. The strength of the German
group and particularly the non-gov-
eminent loans was significant
The announcement of Treasury finan-
ing in the amount of $3.50 900 900. COM
posed of one issue of three-year 3 per
cent notes and another of one-year Z
per cent certificates. had little effect on
the outstanding Government loans. In
view of the premium that has fol-
lowed all Treasury financing recently,
It is expected that the new offerings
will be well oversubscribed. The two
year IS brought out in April are now
quoted at a premium of nearly points
and are selling on less than per
cent yield basis.
Evening star., 1932-06-06
CANADIANS CUTTING
PRODUCTION COSTS
Two Railway Lines Furnish Strik.
ing Examples Of Lower
Operating Expenses.
Special Dispat tch to The Star.

special Dispatch to The Star.
TORONTO, June 6-In taking stock
OF her position at the beginning Of the
Summer season. Canada finds her chief
cause for encouragement in the lower
cost OF production in many industries
One OF the most striking adjustments
Is that revealed by the net earnings of
the Dominicn's two transcontinental
railway lines. In spite of decline in
car loadings, which averaged more than
l3 per cent for the first four months
OF the current year as compared with
the figures for the corresponding third
OF 1881. the Canadian National Rail-
ways reduced its operating expenses In
this period by $l0S26,053 to $i5,6l5. 1854.
Gross revenues for the four months
ended with April amounted to s46,064,-
388, a decline Of $11,370.38l. Conse-
quently, net revenue, without any de-
ductions for bond interest, amounted for
the four months to $44s.023. as COM
pared with $s93,3s2 for the same period
Of last year.
In April alone, when the operating
ratio on these Government-ownedl lines
was reduced to 81 per cent, the excess
OF revenue over working expenses
amounted to $1.oe7.s7o, an increase of
$l73,080 over the net revenue for April
Of last year.
tCopyright. 1922
Evening star., 1932-06-06
i and Asked Prices.
BONDS.
PUBLIC UTILITIES

Barber Ross. Inc. 6l2s..... so ....
Chevy Chase Club 512s. ...... SO 1ooN
Columbia Country Club 5l2s.... 100 1o3
w. N. Cold Storage 5s....... 81 ....
Evening star., 1932-06-06
FOREIGN EXCHANGES.
Quotations furnished by W. B. Hibbs Coz
Nominal gold Selling checks
CHICAGO STOCK MARKET

CHICAGO, June (P).-Following is
the complete official list Of transactions
in stocks on the Chicago Stock Exchange
AAdo
Evening star., 1932-06-06
Grain Market
BY the Associated Press.

CHICAGO. June 6.-Despite late es-
Inmates that Europe had bought 5,ooo,-
600 bushels Of North American wheat
today. every kind of grain lurched
heavily downward.
Stop-loss selling in wheat here was
witnessed early and late, and some
grains plunged below any level since
1897. The main immediate influence
appeared to be unrestrained liquidation
OF farm holdings Of wheat in Canada,
where the Canadian government bonus
OF cents bushel on wheat expires
June Is.
Wheat closed nervous. 11a-2A cents
under Saturdays finish; corn as-A
Gown, oats 9s-1h of. and provisions
unchanged to a setback of S cents.
Evening star., 1932-06-06
N. Y. CURB MARKET
Received BY Privats Wire Direct to The Star omee.

Stock and Sale
Dividend Rate. Add %. AiGh. Low. Close.
At 4 4 Tea pf (7) 20s 110h 109 I09
n,,yA - ~
Evening star., 1932-06-06
1906 FARMERS OBTAIN
LOANS DURING SPRING

Special Dispatch to The Star.
LYNCHBURG, Va, June 6.-Final
check on loans made to farmers for
crop purposes in Virginia this Spring
shows there was 1906 farmers who Sc
cured loans aggregating sl.l00,06o.95.
The sum is slightly less than half the
total loaned a year ago.
Nineteen field inspectors are visiting
from 10 to IS farms daily now in check
ing up on programs of the planters.
The major portion of the loans were
made to farmers In Halifax. Mecklen-
burg. Southampton and Pittsylvania
Counties
Evening star., 1932-06-06

Ten thousand laborers have been as
sihned by military authorities, it Is re-
ported, to complete the Canton-Swatow
auto highway in China.
Evening star., 1932-06-06
POTATO MARKET.

CHICAGO, June 6 up (Unted States
Department Of Agriculture) Potatoes
$50 cars; ON track, 270 new,
1859 old; total United States shipments,
Saturday, 88l: Sunday, "a; old stock,
dull, supplies heavy. trading light; Wis
consin Round Whites, few sales, 90;
Idaho Russets,, 1.05al.15; new stock,
steady, supplies heavy, trading rather
light account Of weather; Southern Bliss
Triumphs No. /, 1.15al.50; fair to ordi-
nary quality, 1.00al.05.
Evening star., 1932-06-06
BALTIMORE STOCKS.
Special Dispatch to The Star.
BALTIMORE. June a.
MONEY MARKET.

NEW YORK. June .R.-Money
markets were dull today Call funds
were quoted at Ia per cent outside. "
but the Stock Exchange rate renewed
at 2i2. Time funds. bankers accept
ances and commercial paper were un-
changed.
Evening star., 1932-06-06

idsnd Uvidsnd tates IN dollars based on last
eiyidend y. tPaItiy extra. :pius ~ in STOCK.
n stock. gPlus eS in stock. h Plus *
n stosk Plus ~ in stock. Plus Io%
N STOCK. q Plus 81 in stock n Plus s@ IN
stock Paid last year-no regular rate.
Evening star., 1932-06-06
New Bond Financing.

NEW YORK, June (P).-State and
municipal bond financing scheduled for
this week totals S12.210,423. as COM
pared with s32. .800.741 during the past
week, according to the Daily Bond
Buyer. The weekly average of new Of
ferings for the year to date is s22,599,-
154.
Evening star., 1932-06-06
New York Cotton
Special Dispatch to The Star.

NEW YORK, June 6.-There was
more liquidation Of cotton today and
prices set back over 81 a bale. ending
with net loss of 18 to 20 points. It
was not until July sold within 8 points
Of the low record of the year that the
market developed resistance and closed
slightly above low levels OF the day.
Spots were reduced Is points to $40.
Cotton ranpe.
Evening star., 1932-06-06
FOREIGN BONDS.

The new administration In Costa Rica
Is expected to reduce government ex-
penses by 20 per cent.
The Waterbury Democrat., 1932-01-02
Speedier Freight
 Service In 1881
New Haven Railroad Concentrated Against Motor Truck Inroads-Trafic Declined, But Business Was Better Than in Country Generally, President States

itIes with view to using thi0 means of transportation for certain classes of traffic where conditions are such that it is more economical and efficient. It was by the ndapta- ton of tho motor truck to It's own uses that tho New Haven railroad was able to announce during the past year n policy Of accept today deliver tomorrow" on freight from any point on its linc to any other point on It's road, for less than carload freight, which hitherto had required from two to four days for delivery.
 Motor trucks are used as fccd- CTS into concentration points. and ns distributors from concentration points, feeding into and distribut- ing from direct through cars from concentration to distribution points.
 Tt was the use of this same sys- tenn which made possible the Speed Witch" and tho Maine Bullet which gave overnight ser vice respectively between Boston and southern New England and northern New England.
 "In effect tho new system gives all the small off-main-linc commu- mites the benefit of main line ser vice.
 "The New Haven railroad now has approximately 300 revenue units in operation on the high ways"
The Waterbury Democrat., 1932-01-02

Although therc was n marked de- crease fin traffic transportation dur ing the last months Of 1031, busi- ness In New England has been bet ter than in tho country generally, President John !. Policy of the New Haven railroad declared today in n statement in which he reviews the railroads improvements In freight service during the year.
 In his years summary, MT Pelley refers to the new policy of Accept today--delIver tomorrow" tho in- algurntlon of faster long haul trains and the development of mo- tor trucks na feeders and distribu- tors, all of which were designed to hold business against the inroads of motor truck competitors.
 His statement is as follows:
 During the past year business in New England has been better than fin tho country generally. There has been Fl marked decrease Tn the volume of traffic transported dur ing the last months of tho yehr.
 "Principai amongst the improve menta brought about by tho New Haven railroad during 1891 was n further ccnterlng of effort on the holding of business against the in- roads of the motor truck competl- tors, and 10 recovering business that had been lost in this manner.
 "ThiS was donc by expansion of the roads own motor truck nctiv-
The Waterbury Democrat., 1932-01-02
rHEMILLER &pECK co.

sloners gave the borrowers only n portion of the face value of the bond.
 Two and threc syndicates some- times juggled the bonds before they reached tho public at par or a It, tie below par. Tho difference bc- tween what the foreign borrowers got and whnt tho American inves- tor paid was Spread" or profit taken by tho various banking com missioners.
 These spreads, as well as tho total face values of tho bond Issues, were shown in complicated tables submitted to tho finance committee by the threo largest houses exam inod in tho inquiry thus far. While no totals were given. n compila.. ton by tho United Press showed tho following profits made by hll the syndlcntes involved.
 Amount of Bonds Sprcnd Morgan S1,7S6.b7S.O00 s74,77G.l61 Natl 3,b25,847,000 100,d61, 15S Kuhn 577,7bO,000 2i,264.bS0 Total $589O, ,175.000 S10G,b01 ,880
 None of tho houses made all tho profits accredited to it, but the fig uTc RlVtH III Lnt UTOIitS NOluuih 'V tho total made by all syndicntes out of Issues handled by each of these houses. Mitchclrs tables iu- dicntcd his compnny'H net profits on a major portion of its bond is' sues were around $32,OO0, ,O0O.
 The committee obtained m un: offlcin1 list of b,4G8.300 bond payments dcfnultcd by South American govornments The bank snid 1t obtained tho list from tho Institute of International Finance, but thnt neither desired to assume responsibility for it. The largest default on the list was $b0,10S.0OO on ono Brazilian issue. Defaults were shown from Bolivia. Brazil, Chile, Colombia, Peru and Uru- guny.
 Morgan's grcntcst profit came from three $100. 000, ,000 lssu@ to France at c, and per cent spreads respectively. Tho spreni nettcd $l6,000. .000 to tho Morgan syndic0tes. On n $lb0,000.000 is- sue to Japan Morgan mndc $7,b0O,- 900 on b per cent spread.
 Kuhn Locb's largest spread was c 3-8 per cent against the "Arbed' Socleto of France. A $10,00O ,0OO, loan brought s637.b00 to the sym dicptcs.
 Haiti gave the National City it's
The Waterbury Democrat., 1932-01-02

(Continued from Page 10 sacred book of tho Hindus.
 "Russia," by seccrtary of state for India Sir Samuel Hoare, and "Excursions and Travels" by Prime Minister Ramsay Macdonald.
 Gandhl's travelling equipment also included the insepcrable spin ming wheel and supply of cotton from which he spins native cloth as a symbol of the boycott against British goods.
 While Mrs Gandhi packed her husbands belongings, she contin- ualIy prayed that she might be jail cd with him. She struggled to ap- pear cheerful, but she betrayed her sorrow at the prospect of another separation.
 Mrs Gandbi helped prepare n bamboo basket nlled with food for GaDdbi to eat in Jail, including dates and grhpeg.
 Unndhi retired early this morn ing after waiting for signs of his arrest which did not material Iize, he wrapped himself In a Khaddar blanket and went t0 sleep on the terrace floor Of his residence while his wife and sons and h group Of hIs friends kept inc vigil.
 The reports that bis arrest was imminent brought huge crowd 10 Gandbps residence early in inc evening. By three D, n, tba gather Ing was s0 large that jt would hay" been difiifult for officers Co hnys wndsd ibr0ugb inc silent, squntiiDs ibrong if they had come f0 arrest ibs Mabaima, A new sbifi came on at dny. break, replacing tbs oyer' night delegation with Inc rsKuiar' ny of workers entering s factory, DaBdhI wns eTpeetsd fo pfoesed i0 Ahsmdabnd i0sniRhi unlsss ha ssa arrested in ths ms1hiimn, ffH jnksd with several members 0f the congress executive when they tsfi linubny 0n iba prospect 0f wh0 would bf ibn ffHi in jnii,
 ti was believed ibh iha vlnatoy, Lord WllllDsaan, held ihe key tn iha situation following receipt of fisnahlis latest declarations, 4 pusnbsF of Indian fufopean tFads lnE representatives Joined the psaes
The Waterbury Democrat., 1932-01-02
WATER RTOWN

The funeral of Patrick KorWln. who died yesterday nt his home In Waterbury, was held this morning nt 9 o'clock.
 MT KcrWln was h native Of Pennsylvania, but came hero some go years ago. For many years MT Korwin ran n boot and shoe shop in town. Ie is servlyed by hlA wife, Two daughters, Mlsscs Mar gnret, Julia and Rachel kerWin, and Mrs David Davidson of Wa tcrb,Iry and Mrs Joseph DubcrR of Detroit: four sOna, Michael, and Thomas of Wntcrtown; William of Oneida, N. r., nnd James Kerwln of San Diego, Cal.
 At the annual meeting of the Knights of Pythins, for the election of officers for tho New Year: Lacey Gregory of Onkyille was elected Commnndcr of Columblt lodge: vice . Chancellor, Glynn Bryan; prolnte, Harold Booth; master at arms, Harry Davidson: James Chrlsman. keeper of records and scnls; Fred Noal. master of finance. Linus Mattoon: master of cxchc- quor, Herbert Evans.
 District Deputy Maurice Brus- key of Waterbury will install tho officers at Columbia hall. Jan 14th.
 In spite of tho bad weather q largo crowd of loyal rOotera crowd cd tho high school gym last night to geo the former high school stars engage the present tenn and former stars they were that made up tho alumni lineup. Led by the ininItable Hal McCIenry. they in- clided: Miller, Sugar Evans, Blll Murphy, Dick Painter and Hawk DOnstOn in tho line up. Contrary to most alumuni games tho high led by n 17 Co z score at the half but manage tO Muceze out a 27-2b victory as tho grads put on h iato apurt which nearly upset the 1o- calls winning streak. However their record is still in tact with seven victories to their credit. Tho local lads were somewhat handicapped in their play ns the Lcavcnworth team of Waterbury had scouts In the crowd.
 Tho big league contest will be played with Lcavenworth Friday night in Waterbury. The game will be played in tho Wilby gym in- stead of the Crosby gym as was formerly arranged. The reserve teams will probably play the pre- Iiminary game.
 Schools of tho town will open Monday for the winter term which will extend until Easter.
The Waterbury Democrat., 1932-01-02
NETWORK
wiIh Gi!bert Swan

sons who are just managing to climb into the higher social places. Particularly are socially inclined parents fearful when l debutantc daughter is about to make her so- cial appearance in society.
 Furthermore, you must under stand that not even n selsm Ograph is moro sensitive than the ears of New York society folk. All those who arc Ion the in" know all about these matters.
 Now there are certain little perl odicals, practically unknown to the mnn-on- tho street, that appear weekly with items of social chat ter. Just now, with tho debbie sea son ht full blast until after the first of the year, there is q more care ful scrutiny of the paragraphs.
 And so, over a period of several months, whlsperings of "something funny" have been going around. Tho whisperings reached ono or two major society editors and these were rewhispered publicly.
 It sems that suave, well-dressed d young men and women would ap- pear nt tho door of certain houses. These would be the homes of peo- pie of more or less wealth whose daughters were coming out or who werc personally figuring In the social whirl.
 All such folk are intensely eager to make n good impression; to be taken up' and have the favorable comments of tho society publicn- tons.
 And so, tho bell would ring and the polite, well groomed visitor would ask for So-nnd-So.
 "I represent the Fortnightly Gabble (which isn't tho name)," tho stranger would begin. we would Ike to interest you in the purchase of So-mnny shares of our stock. Or perhaps you would like to take large block of subscrip- tions for your family and friends"
 No thrcats would Do made. Something would Do said about q "nlce write-up," mayhnp, and neat insinuations would follow that generosity would be appreciated and not forgotten. In some in- stances, the stock was said to have been quoted at from $50 to $100.
 All perfectly legitimate on the
 
 thcro is no crime against trying to sell stock.
 But the point was clenr--buy stock and y0ull get n nice write up, which you need whnt with q daughter coming out and all that! Don't buy stock out comes something which. while not libel ous. will probably set thousand persons snickcring behind their hands! No one said thIs would happen, 1t seems. No ono threat ened but 1t began to happen!
 So, from all accounts. the racket has been working beautifully. Neat blocks of stock. whatever their value may be, were sold. Just how much---nO one knOwB!
 They do know that tho game has been exposed and several sen sational arrests are expected.
 Copyright, 1931, NEA Service.
 Inc.) ..,..
The Waterbury Democrat., 1932-01-02

New wearing NiooIina Fammia, Waebuys gdt to Chicago university captured another scholarship during the winter quarter It S75 for this brilliant young lady and covers tuition fees Ncona her junior maon2 m history o' And she tells that she has been innocent by'tano there for bullets bIt pass by the side of the road Bill Derwn New York when 0j2 He caught few shows six college ba,kcba work sweat for dear charity and took blowing the horns Jack Redy left for Kentucky rc'umc his studies after spending the holidays with bis parcnt' Mir and Mn 1homa Rcdy ol Weton place. Art Wcn2crm1n will soon be showing h' skates knights of the steel hcrcabou htt one o he city finest Go C will have federal inspection March l7th ot Paeks nght Captain Pete Fox getting lhe boys shape
 . Sergeant Mast, who Waly ln2IS' top skipper while overseas Waly Christina, card from bis home m Spokane Wash. It's the first WaIy heard from the 9l9 Oh well. oopoas have done much worse than that