davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1932-12-27
The Great Trust

Pending the solution of the great liquor problem,
Government busy itself with minor year ago
discovered that could of conspiracy to
murder murder itself but to put him in jail we
had get him evadng the tax laws Today appears
certain that the great booggers combining IN restraint
of trade. They to all ntents and purposes, trust
it. then vain that battle for 40 years to destroy
the Have Sherman antitrust law? Hasn
greatest given clear ahead to beat down those
who conspe take business away from the little fellow
do not remember what percentage makes business monop
oily. but know it is less than 100 per cent.
1t is the duty of Government to proceed against them
and put this vicious practice For liquor be
good bad but liquor at exortionate prices all evil And
sorry to report in their hurry to gather IN protlts
against the evil day when their the best boot
egger putting out pretty filthy stuff Let the law
take it's
The Washington times., 1932-12-27
PARTY TO AID SICK

Capitol Lodge No. 8, Order
Shepherds of Bethlehem, will
hold a benefit 500-card party to-
morrow night at 8 o'clock in the
Northeast Masonic Temple. Pro-
ceedS will be used for the sick
and relief fund,
The Washington times., 1932-12-27
Bethesda Community
GLuddens IS Families

It was only through the CO.
operation Of Bethesda's residents
and police under direction Of
Sergt. Leroy Rodgers, OF the
Bethesda substation, that the vol
unteer firemen of the community
were able to care for IS families
at Christmas, John L. Irnirie, cap
tain of the rescue squad, said
today.
The Washington times., 1932-12-27
True to Type
CRY BEER ! BEER
BUT THERE Is
NO BEER
BY GILBERT SELDES-

QEFORE anyone with memory yahoos to that
- didn't think should have beer let confess that
did not think the House will pass decsvely and promptly
bill generous the one just made ready for the
Senate. And let add that I'd still like know what
The Washington times., 1932-12-27
LIEUT.. DUVAL SHIFTED

Lieut.. Miles p. Duval on duty
at the Bureau of Navigation in
the Navy Department was today
ordered to the U. S. S. Reuben
James as executive officer.
The Washington times., 1932-12-27
PLAN TACKY DANCE

The Upper Marlboro Volunteer
Fire Department will hold a tacky
dance in Trinity Hall Thursday
night.
The Washington times., 1932-12-27
DANCE SCHEDULED

The Ladies Guild of st. Mary's
Church, Aquasco, Nd, will hold
a dance in the church hall, jan
uary 4.
Evening star., 1932-01-06
Bond Holdings
BY GEORGE T. HUGHES.

1t is just as important to keep ones
head in bear market as it is in a bull
market and even more difficult. The
spectacle of constantly declining prices
gets on the nerves of all but the ex-
tremely small minority. This academic
statement is true Notwithstanding the
fact that up TO now during the present
bear market practically every one who
allowed himself to be influenced by
prices rather than values has a profit.
Almost any kind of security sold
during the last two years looks well
sold today and yet two and half years
ago almost any kind of a security
bought prior to that time looked well
bought. We all know the sequel. Soon
er or later there comes a time in any
market when the favorable or the un-
lie as the case may be has been
discounted.
In attempting to recognize this point
1t is important to bear in mind the diff
lerent conditions under which trading is
conducted in the bond and in the stock
markets. Whatever may be the eco
nomlC or ethical status of short selling
1t cannot be denied that the relatively
greater stability in the share market
than that in the market for fixed in
terest bearing obligations has been due
10 The existence in the former of short
interest.
Bonds are sold short at times but
Such transactions are comparatively
rare Bond prices respond directly to
investment supply and demand 1t fol-
lows that when liquidation, forced or
voluntary, panicky or deliberate, comes
iIlto bonds the decline is more severe
than 1t would have been under the
same conditions in stocks 1t is even
more true that one must not judge
ooho values by prices than that he
SnouId not fall into that error with
SIockS Dividends on stocks may be
omitted at the discretion of the direc-
CoIS and the corporation continue solv-
en- Out payments on funded debt must
We MADE or bankruptcy confessed More
oyer oyer IN the event Of receivership it is
tlie Dondholder whose interests are looked
sdI aIIer ilrst and the stockholder who
taxes what is left if anything 1t is
posSInIe Tor corporation to go into re-
ttelEeIShlp and for the courts to direct
!t"C nI"C payments be continued on some of
claim
an these matters should be taken
INTO INTO consideration before sacrificing
pona holdings because of a break in
market price.
Copyright, 1922
Evening star., 1932-01-06
CURB SHARES RISE
IN STEADY MARKET
Leading Issues Show Sub
stantiaI Gains After Higher
Opening Prices.
BY JOHN A. CRoNE.

&specisl Dispatch TO The Star.
NEW YORK, January 6.-The Curp
Exchange opened higher today as re-
@sult of a number of favorable news
Developments, and maintained the up
sEard trend as trading increased in
Speed
Electric Bond g. Share within two
Shons gained almost 2 points. Brazil
Fan Traction was up more than point
Dat times. Cities Service was up frac"
#ionally as was Standard OIL OF IN
Diana
Developments which influenced initial
Grading trends today included the lndI-
cation given by two Of the largest banks,
Eone here and one in the West, that
Nhey intended to liquidate NO more Sc
Icurities near current low levels and the
speeding up of the emergency finance
6orporation bill in Washington.
Foreign shares opened strong, fol-
lowing the firm tone of the London and
Paris markets. Some covering from the
after center was due to a rumor which
coIld not be confirmed here, that with
in the next few days word might come
from Paris through Washington to the
effect that the French would make q
new reparations proposal to Germany.
Neither French nor German bankers
here professed to know about this lro-
lposai but they indicated that the Eu-
ropean situation has cleared up some
hn the last two days.
Brazilian Traction at 9ia showed an
overnight advance of 13s points. Wool
worth Ltd. was up a small fraction at
S3s. Ford Motor Ltd. was firm. I'm
pertal Oil and International Petroleum
likewise improved.
Evening star., 1932-01-06
BANK STOCK PRICES
OFF DURING 1881
Comparisons Show Advances
Late in Year of New
York Issues.
Special Dispatch to The Star.

special DlSpatch TO Ihe star.
NEW YORK, January 6.-During
most Of 1881 New York City bank and
trust company stocks sympathetically
followed the general declining trend,
according o a survey of the 1881 bank
stock market prepared by Holt, Rose &
Troster, bank-Stock specialists How
ever in responding to influences es-
pecially affecting bank shares, such as
the higher money rates and conStruc-
tive banking news from Washington,
bank stocks led the general market in
several important rallies.
On october news of formation of
the National Credit Corporation Stimu-
lated an advance in bank stocks which
by the end of that week, October 10,
netted an average advance of % per
cent. Later in October bank stocks eX-
tended their gains on the higher money
rates. From october to November 9
bank stocks scored an average advance
Of 43 per cent
On December l8 news from Washing
ton that American banks are not load
ed up with German short-term credits
started a rally in bank stocks that by
December 19 totaled on the average %
per cent.
The year closed with several bank
stocks well above the December IT lows.
First National showed net gain of $50
points, Central Hanover, 20; Guaranty
Trust, IT; Bankers Trust, 1912 Other
issues to close higher were Commercial
National, Manhattan. Empire Trust
Corn Exchange, Chase, City and New
York Trust
The range for the year 1881 was as
follows.
Evening star., 1932-01-06
INCREASE |NAUTO
OUTPUT REPORTED
Four Factories Have Stepped
Up Production in Re- I
cent Weeks. =
BY the Associated Press.

BY the Associated Press.
DETROIT, January 6-Four auto
mobile factories which recently went
into new car production, today re-
ported increased output, compared to
last year and two months ago.
The Buick Motor Co. reported it's
December production totaled 1929
units, against 9,o53 in November
Studebaker Corporation reported that
sales totaled 6,237 units during Decem-
ber This included sStudebaker cars
and trucks, Pierce-Arrow and Rockne
cars. Officials said the turnover was
double that of last year.
Graham-Paige reported its output
of new eight-cylinder cars was the
largest December production since
1925.
Shipments for the Hupp Motor Car
Corporation for December we're 1,044
cars, compared with 248 in November.
Evening star., 1932-01-06
Grain Market
By the Associated Press.

BY the Associated Press.
CHICAGO, January 6.-Fresh up
turns in grain prices early today &C
Hcompanied reports of big purchases of
Canadian wheat for China and Europe.
4 An improved tone in Wall Street secur-
itieS was also a bullish factor.
Opening "a to 81 higher, wheat after
ward held near the initial range. Corn,
/ too, started with 3s to "a advance, and
continued firm.
Current advices were that 1000, 900
bushels of Canadian wheat had been
bought for shipment to China and
900 900 bushels more taken by Europe.
There were also predictions that Euro
pean continental countries would soon
require additional foreign wheat Price
gains which went along with these de-
velopments and with New York stock
market bulges were checked at least
temporarily by increased selling, but
the market at this stage displayed little
tendency to react.
Official announcement that in parts
of the Ohio Valley the Winter wheat
crop was in poor condition to with
stand hard freeze served more or less
to uphold wheat values at about ! cent
over yesterdays close. Continued gen.
ersl strength of securities was even
more influential as an incentive to
wheat buyers Attention was also
drawn to adviceS indicating extensive
decrease of use of fertilizers on do
mestic farms. Rough weather prevail
ing over parts of the corn belt and
likely to hinder crop movement gave
independent firmness to corn and oats.
Provisions were steadied by upturns
OF hog values. 9,
Evening star., 1932-01-06
CHICAGO LIVE STOCK MARKET

CHICAGO, January 6 Up Omitted
States Department of Agriculture) -
Hogs-Receipts, 10000 head, including
1000 head direct; active, Sis higher;
heavies up most; 140-210 pounds, 4.25a
435; top, 440; 220-280 pounds, 4.O0a
430; pigs, 400a4.35; packing Sows, 3.30a
$40; smooth sorts to $50. Light light,
good and choice 140160 pounds, 4.25a
440; light weight 10000 pounds, 4.25a
440; medium weight 200-250 pounds,
405a4.40; heavy weight 25o-35o pounds,
3.85a4.l5; packing soWs, medium and
good 275-500 pounds, 3.25a3.6O; pigs,
good and choice 100-l30 pounds,
4,00a4.40.
Cattle-11 900 head; calves, 1000;
active on all grades and classes except
ing medium grade, weighty steers, sell
ing at 550a7.00; yearlings and light
steers including light yearling heiters,
Is or more higher; she stock sharing
advance; top steers, 1885. Slaughter
cattle and vealers-Steers, good and
choice, 100000 pounds, 775a11.50; 900
HOO pounds, 775a11.50; 1,1OO-1,3OO
pounds, 7.25alI.25; 1,300-1 500 pounds,
7.25a1l.25; common and medium, 800
1900 pounds, 4.25a725; heiters, good
and choice, 550-850 pounds, 625a8.5O;
common and medium, 3.7oa625; COWS,
gOOQ ana chOlCe, 4.10do.oo' CoAAiiiAOtA anu
medium, 3OOa425 low cutter and cut
ter, 200a300; bulls (yearings exclud-
ed) good and choice (beeD, 4.25a4.75;
cutter to medium, 30Oa4.40; vealers
milk fed, good and choice, 6.ooa8O0;
medium, 5.ooa6.o0; Gull and common,
3.OOa5 o. Stocker and feeder cattle:
Steers, good and choice, 5oo-1 ,o5O
pounds, 5.0oa6oo; common and medi-
url, 325a50 co.
sheep-Rsceipts, 10000 head; steady,
with lower tendency; strictly choice ma
tive lambs, 6.75; others grading good,
s.o0a6 .25 to packers; choice, s5-pound
yearlings, 500. Lambs, 80 pounds down,
good and choice, 6.ooa6.75; medium,
5.00a6Oo; all weights, common; 4.ooa
choice, 20oa3.25; all weights Gull and
common, l.50a2.5 feeding lambs. 5o-75
mounds good and choice, 450a5.00.
Evening star., 1932-01-06
CHASE NATIONAL BANK
SHOWS HUGE RESOURCES

Special Dispatch to The Star.
NEW YORK, January 6.-The state
ment of the Chase National Bank. as of
December 81, showed total resources of
$1,988.669 900.
The combined capital, surplus and
undivided profits were 1921 OTIS, ,000 the
capital alone as heretofore being
S148,000,000. Cash in the banks vaults,
Federal Reserve Bank and other banks
was $333,571 900.
Investments in United States Gov
ernment securities were 1852 946,000.
State, municipal, other securities and
stock in Federal Reserve Bank were
S165, 1854 900. Loans and discounts
amounted to $1,154 900. The total
deposits were 81 ass, 9,114,000.
In the banks report it was shown
that in accordance with their customary
policy Of conservatism the directors had
transferred S24,000,000 from the banks
surplus to its reserve for contingencies
Evening star., 1932-01-06
AUTO SALES IN ISLANDS
REPORTED ON INCREASE
BY the Associated Press.

"' IHe associated Press.
~, ne restricted automobile market OF
III siie Sanary Islands, which is dominated
oy american products, is fiourishing.
c InIlu quarter sales, a dispatch to the
ootI 0oiailleFce Department says, showed a
ooiit;iiIuatlon of the gains established in
eatiIeF periods. A total of 1870 motors
were placed in operation during the
tliee months, as compared with 95 for
'ng same period the year previous.
II Is estimated that 95 per cent of
tne cars sold in the islands are made in
the United States.
Evening star., 1932-01-06
INDIANA BANK CLOSED.

GARY, Ind, January (Pl-The
First National Bank of Gary was closed
yesterday for reorganization. 1t was
indicated that the bank might be able
to reopen within a week.
It's latest statement showed resources
of $4,000, 900; deposits, s2,900,00o; cash,
S30000
The Gary state Bank Is the only
banking institution remaining open
here. AT
Evening star., 1932-01-06

NEW YORK, January P).-The
1881 gain in rubber consumption and
sales in several branches of the indus
try give some cause for expecting a
turn in the industry. says a special sur
vey compiled by Dun. 1t is the general
opinion that demand must appear early
in the year and bring with 1t some
strengthening of the price structure.
Evening star., 1932-01-06
New York Cotton.

Special Dispatch to The star
NEW YORK, January 6.-Opening
cotton prices today were to 8 points
higher, with an active demand from
the trade and firmer markets abroad.
Contracts were in supply from commits
sion houses, especially IN near months.
Opening prices were: January 619,
2; July 6.65, up 8; OCTOBER 6.ss, up Z
and December 7.o5, up Q.
Evening star., 1932-01-06
Everybody's
Business

A Franco-German Agree
ment on r sbaratjons
Would Hasten Solution
of Whole War Debt
Problem.
Evening star., 1932-01-06
Plant Resumes Operations.

NEW YORK, January 6 CP.-The
Laughlin plant Of the American Sheet
& Tin Plate Co. has resumed opera
tions in 16 units. It is a subsidiary
Of the United States Steel Corporation
Evening star., 1932-01-06
Shopmen Re-employed.

NEW YORK, January (P.-The st.
Louis Southwestern Railway has re-
employed 325 shop workers who were
laid off in December.
Evening star., 1932-01-06
Protective Committee Formed.

NEW YORK, January (R.-Ap-
pointment of receiver for the Alaska
Gold Mines Co. has been followed by
the formation Of Protective COMMITTEES
for holders OF the COM pAny's 9 per cant
convertible debenturr bonds. lu
Evening star., 1932-01-06

Archery is still an honored pastime
In Japan. The long, thin oows the
archery teams use are several nanoreo
years old, having been named ts1 Gown
from generation to generation.
Evening star., 1932-01-06

Bread prices in Dublin, Irish Free
State, are climbing.
Evening star., 1932-01-06
RIGHTS--ExPIRE
. u Com Edison -

Az Com Edison. 81 1h Us
Dividend rates dollars based quarterly
nual payment 'Ex dividend Pary extra 1Pus ~ stock
Payable in cash stock bPayable
dividend plus 81 in stock Plus 81 in stock Plus s in
stock. Plus 2Ge stock. Plus l0S
n Paid last regular rate.
Evening star., 1932-01-06
Weighted average q.
Gain in Rubber Trade.

Decline. February 81 to December IT. 6lTc
Recovery. December II TO December 81
1871.
Evening star., 1932-01-06

DtFcaupn1cHt HtEu SIgnH1Caht.
To the uninitiated this development
may not appear of great significance.
But it has already begun to attract
widespread attention in leading f1nan-
cial circles. The burden of RESPONSE
bilities has been removed from the
shoulders Of depositor corporations
(Which never wished to assume them)
and transferred to the trust company
which acts as trustee-a place where 1t
Is obvious 1t should be. AS a precedent,
then, these trust agreements cannot be
overestimated and, to my mind, they
point to the way in which other fixed
trusts must develop during the next
few years.
The Northwest enterprise. [volume] (Seattle, Wash.) 1931-1952, 1932-07-28
Charlotte People
Now Contented
Continued from page y

A1bHNiHAtd AIbHi RbEN I
Baptist Church delivered $23 unto
the Lord.
Although there are Sc cotton and
textile mills and other industrial
plants in the city. none of them
employ colered workers, | am in
formed. This is because most of
the plant forces are women and
girls, and they do not mix milk and
coffee in the sweat shops There was
one plant where all eolored labor
was employed, but it has closed
down.
There is one theatre for eolored
patrons on Second Street known as
the Lincoln. It is operated by white
management. The American Legion
once owned and operated it, but got
careless when it did too much bus
mess.
One large white theatre here once
admitted colored patrons to the gal
lery, but cancelled the privilege
when the sepia patrons got DRUM
and in a fight threw broken chairs
down on the heads of the first
floor customers.
One can live fairly luxuriously il
Charlotte if one just must live here
A plate dinner with chicken an,
vegetables costs only 25 cents. lie
cream sells for 5 cents pint, tw
for a quarter; suits are cleaned an
pressed for 25 cents, and roor
costs only 50 a week.
Education is INDUCED in to
fairly large degree. johnson {
Smith University is at one end c
town and the Second Ward Hig
School is at the other, and had
graduating class of so odd. Cha
lotte high school pupils are smar
err than high school children els
where. They graduate in caps an
gowns.
The young man who delivers i,
on the town truck weighs 200 poun
and is only IT years of age, viii
the young man who pushes the ba
t gage truck at the Southern railwi
d station weighs 106 end is %. TIL
just gives you an idea of the XII
n of men they grow in Charlotte. 7
y women have very contented looks
t their faces.
The Northwest enterprise. [volume] (Seattle, Wash.) 1931-1952, 1932-07-28
Rulnor Causes
Run On Bank
CONTINUED from Page y

CONTINUED from Page y
agreeing not to withdraw more than
10 per cent of their deposits in the
next 80 days. The pledges that
night and the next morning reached
the figure of SOL, 900.
DR.. Hawkins stated the condition
of The company and explained why
the institution had reached the point
at which it then was. He stated that
the resources of the company were
425,000 at the last report, as against
$500, 900 in 1880 This money, DIR.
Hawkins stated, was invested in
bonds and other securities to the
amount of 100000. This was in
vested in Government bonds total
ing $4,000 and in general and
first class A and B bonds totaling
100000 with present economic con-
ditions having caused a depreciation
in value of each type of these bonds.
DR.. Hawkins told his depositors
that the bank had $135,00 out in
loans and discounts to people in the
District of Columbia, all of which is
secured by first trusts, which even
now might show a possible one
fourth depreciation. Total deposits
today are $225,000, Dr.. Hawkins
said, being secured by cash, and
other investments.
1t is the policy of the bank not to
keep above $4,000 in cash in its
vaults at any time, and its inability
to readily convert its securities into
ready cash for call of the with
drawers Friday made it necessary
that steps be taken Immediately to
insure the safety of the depositors.
Ten thousand additional dollars were
subscribed by the board of directors,
and persons who had loans on the
bank came in and in a number of
cases curtailed them with cash pay
ments.
Ira L. Chorpening, chief national
bank examiner, looked on as the
depositors staged their run. He was
prepared at any minute to close the
bank if the tide ran against those
who were struggling to keep the in
stitution omen.
The refusal of a down town de
partment store to accept ? check or
the bank was given by officers as
the cause for the run on the Pru
Dental.
The Northwest enterprise. [volume] (Seattle, Wash.) 1931-1952, 1932-07-28
Richard Dix Star
OF New Picture
At RK0 Theatre

Richard Dix. star of "Cimarron,
"Secret Service" and other recent ro-
mantle films, has an entirely new
kind of role in "Roar of the Dragon
the dramatic story of turbulent Wan
churia. coming to the RkO orphenm
tomorrow.
In contrast to the rollicking, light
hearted character he usually por-
trays. Dix is seen as cynical, as
illusioned skipper of the Chinese nv
err service, with little faith IN men
and none at all in women.
His boat disabled by Chinese ban
dts. Dix and his varied group OF
passengers take refuge in small
interior village, where they convert
a former mandarin's palace into
stockade.
Here. under fire from the bandits
and threatened by plague, Dix meets
and falls in love with beautiful
Russian WOlhhI VI my PhNi
calm courage, her willingness to risk
the meanest privation to remain with
him. rejuvenates Dix and he changes
from a selfish sluggard to daring
leader of the beleaguered refugees
The romance has as stirring
background the teeming life Of a
Chinese village, torn by civil strife
and ruthless bandit raids. A graph
ic picture is presented of the chaotic
condition of the Orient to day.
The vaudeville Is headed by James
Hall, famous motion picture actor
who appears in person.
Co-headlining with Mr.. Hall, are
Hill and Hoffman, comic artists, ant
Carl Freed billed as "Fhe Clowr
Prince of Music" Joe Kelso offers
his laugh-provoking presentation
while the bill is opened by Dainty
Ann Howe, dance specialist.
The Northwest enterprise. [volume] (Seattle, Wash.) 1931-1952, 1932-07-28
Henry Woods Shows
Fight Fans Real
Knockout Punch

Henry Woods of Yakima clever
eolored lightweight. proved to flghe I
fans at the Civic Arena Wednesday
night that he packs real kayo F,
punch in his RICH hand. He put
Johnny Hawks to sleep in round
three with his right when he landed
a wallop to the jaw. It was the only
time during the FIGHT Woods used
his right. In the preceding ROUNDS
he iabbed with his left and blocked
with his right. Heretofore Woods
has been right hand crazy. Woods
showed fans he could take en-, too
,,han in tho sesond round Hawks
nailed a hard right to his Jaw. II
/ stung Henry. but he shook his mead
and waded into Johnny. Woods, only
a hieh school youngster, Is today
! the best lightweight prospect IN the
Northwest With careful handling,
he sboald climb high in ring fame
Nate Druxman is said to have an IN
terest in the youngster and II he
has. Woods is very likely to achieve
some distinction as fighter. The
show Wednesday night was dandy
card all the way. Other bouts were
Jack Cuddy stopped frankie Hot
land in two rounds; Frank Van hee
won in three rounds from Denny
Lenhart; Ralph Chong, Chinese vel
ter defeated Tony Portillo in SIX
Speedy Dado and Canto Robiet'
fought sensational six round draw
Austin and Bishop staged the show