davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-04-14
STOCKS Of RETAIL
GOODS DEPLETED
Merchants Have Held Down
Purchases Pending In
crease in Demand.
BY CHAS. p. SHAEFFER.
Associated Press Business Writer.

Reports reaching Washington indi-
cate producers regard depleted inven-
tories of retail establishments with con-
siderable optimism.
Stocks of retail merchandise are re-
ported very low from all sections of the
country and in all lines Of industry. A
policy of hand-to-mouth buying has
been pursued for more than two years,
with an almost complete lack of future
purchasing.
Department store stocks, the Federal
Reserve Board says, have been reduced
By materially more than the decline in
sales. They are now more than 25
per cent lower than in the l923-25
period. Complete statistics for other
lines of retail industry are not avail
able, but fragmentary reports coming in
indicate that reductions in inventories
have in many cases been even greater.
This being the case, producers are said
to be awaiting definite signs of stability
in prices, which. they feel assured, will
be accompanied by a restocking of
shelves to take care of more nearly
normal consumption. The result, they
say, will mean stimulated production,
with its attendant increased employ
ment, and by augmenting consumer
purchasing power, will be an important
factor in restoring recovery in trade.
Stocks Of manufactured goods and
raw materials, however, continue high,
in the light of current demand. The
Department of Commerce reports these
figures for the last year averaged more
than As per cent above the 1923-25
level, with most of the increase being
in raw materials. In stocks of manu-
featured goods there has been a grad
ual decline, until the supply has reached
point only slightly in excess of the
base years.
Government economists, however,
view the raw material inventory with
only passing concern, pointing out that
any increase in demand, together with
the present low cost of production.
would quickly cut into the heavy sur
plus.
Evening star., 1932-04-14
Washington Produce

Butter-One-pound prints, "a; tub. %.
Eggs-Hennery, 12 current re-
ceiptS IL.
Poultry. alive - Old toms, 15al8;
young toms, %; hens, 23a26; crooked
breasts, lS; Spring broilers, IL to 31a
pounds, 25a27; Leghorn broilers, 2Oa22;
Winter chickens, 18a2O; stays, IL; hens,
large, 16a18; medium, 16a18; Leghorn
hens, lSal4; capons, large, 3Oa32;
small, 20a23; slips, 10; roosters. 10;
keats, young, 45a50; old, 25a3O.
Poultry. dressed-Turkeys old toms,
lSa2l; young toms, 25; hens. 26a29;
crooked breasts, %; Spring broilers.
IL to 312 pounds, 28a3O; Leghorn
broilerS, 23a24; Winter chickens, 2la23;
stays, Is; roosters. II; hens, large,
l9a2l; hens, medium, 19a21; Leghorn
hens, 16al7; capons, large, 33a35;
small, 23a26; slips, 81; roosters. 13;
keats, young, 6Oa7O; old. 3Oa40.
Meats - Beef, prime. "A; good. l3;
veal, top, 13; good, II; lamb, top, 1s;
Is; smoked hams, 7; strip bacon, IT;
lard 712; compound, T.
Live Stock-Hogs, lights and medi-
ums, 450, heavies, 375a4.25 pigs,
4.O0a45O; roughs, 200a3.00; calves, 800
$3.50; lambs, 4.00a750; Spring lambs,
9.00a95J.
Fruits - Strawberries. pints. 90
quarts, so; apples, bushel baskets.
75a125; fancy box stock, l.50a2.50;'
oranges, 350a4 So lemons, 400a4 so;
grapefruit, 225a3.00; honeydews. Chile,
l.75a2OO; pears, 3.50a4.50; alligator
pears, 2.00a300: pineapples, AIS; ba-
nanaS, 100a200; lines, per 100, 200;
rhubarb. hothouse, 75a85; plums. 1.5Oa
200: nectarines $50; cranberries, 4.50.
Vegetables-Potatoes, Maine, 100
pound sacks, l 25a1 40; New York, lis;
idaho bakers. 2.25a2.50; new, bushel
1.75a2 90; seed, 150-pound sacks, LISA
2.25; sweets. 75a1 90; string beans, 500
a5.50; limas, 600; spinach, Texas, 100a
1.25; Norfolk, 75a1 90; kale, 40a60;
cabbage, 2.00a210; celery, 2.50a3.50;
eggplant, 3.00a350 peppers, 3.50a400;
cucumbers, Florida baskets, 400a5.00;
turnips, crates, 3.OOa350; beets, 275a
800; carrots. 3.50a4.00; homegrown,
bushel, 200; tomatoes, pans, originals,
2.50a3.00; repacks, pans. 225a2.50;
mushrooms, 85a1.00; peas, California,
crates, 500a5.50; Florida, baskets, 800
a3.50; squash. $50: lettuce, Iceberg.
2.25a2.5 SO; asparagus, California, dozen
punches, 4.0oa8.00.
Evening star., 1932-04-14
CURB SHARES SHOW
.F|RMER UNDERT0NE.
Market, Although Lower, Dis
plays Resistance to Sell
ing Pressure.
BY JOHN A. CRONE.
acial nispatch to The Star.

Special Dispatch to The Star.
NEW YORK, April 14-Lower at the
outset. the Curb Exchange today diff
eed from previous sessions this week
in that the decline was much less rapid,
as stocks displayed resistance to the
down trend.
Electric Bond & Share around 1914
and Cities Service around AS both
eased. Standard Oil of Indiana at
I312 and United Light & Power "A" at
were each off "a point Niagara
Hudson Power was unchanged around
"A.
Traders hailed the Federal Reserve
Systems decision to increase its pur-
chase of United States Government
securities and thus force money into
the markets. They pointed out that as
money cheapens, banks will be forced
to be more liberal in their lending
policies. with the result that unneces-
sary liquidation of commodities and
securities will be checked.
Evening star., 1932-04-14
i. s. BOND ADVANCE
CARRIED FURTHER
Government Issues Hit New
High Levels-0ther
Groups Lower.
BY F. II. RICHARDSON.
cial Disnatch to The Star.

Special Dispatch to The Star.
NEW YORK. April 14-The most
buoyant market in Government securi-
ties that has developed during the
different periods of purchasing for Fed
eral reserve account occurred today.
with prices of Treasury issues advancing
/ to points This contrasted with
further weakness in corporation issues,
which sympathized with the new low
levels established in stocks and with
irregular tendencies in the list of for
eign dollar bonds.
The buying centered in the Govern
ment issues which were still quoted at
a discount. The Treasury IS advanced
by midday to 9412 a gain of points
and comparing with their low price of
30. The 31ss had nearly an equal gain
at 95, which was u points above their
low of a few months ago. The 1855 had
an advance of 134 and at one time were
II points up from the bottom figure OF
the year. There were also gains of TX.
points in the 324 s, which have gone from
81 to 10112 recently, and in the Treas
ury AIS.
Fourth Liberty 4 as made a moderate
advance These we're not SO popular
as the others in view of their premium
and the short maturity. The fully tax
exempt 312s sold above 101. as against
their low price this year Of about "a.
This demonstration had a good effect
on all tax-exempt issues, although they
are not directly influenced by the Fed
eral Reserve buying program. 1t also
assisted in sustaining the market val
ueS of some of the better grades of rail-
road and public utility mortgage issues.
Aside from these various groups, how
ever, there was no improvement indi-
Gated in the investment market In
stead, liquidation in railroad bonds
continued and was prominent in the
entire Baltimore & Ohio and Pennsyl-
vania groups, as well as in Northern
Pacific. Great Northern rs touched 70.
The low-priced issues we're not so hard
pressed and some made fractional re-
coverieS
Evening star., 1932-04-14
NATIONAL BANK.
TRUST COAtPANl

Amer Sec. & TT. Co. I5p...... 800 3l5
Natl Say, q II l2tt... ..... 375 400
Prince EJnion GeoTgeS Bk. II '6).,oa 40 90
Wash Loan & Trust Ci4t....- 400 $40
Evening star., 1932-04-14
Bank Reopening Planned.

DANVILLE, Va, April IA (Specia) =
Depositors of the Commercial Bank &,
Trust Co, which closed its doors several
months ago viii meet here Friday after
noon to take action on a proposal to
reorganize the bank. Stockholders in
the company have already approved the
plan and have subscribed half of the
minimum capital. The reorganization
scheme is being handled by a committee
OF depositors whicn reports sentiment ir
favor of the proposal.
Evening star., 1932-04-14
STOCKS.
PUBLIC UTILITY

Amer. Tel. & Tel osl.........'l 'l03la .....
Gapitai Ca Traction Co o.. l4l2 Z
n & w. Steamboat G2l ....... l37 l75
Pot. Elec Power o. pid ,.... l19 IL
Wash Rwy. & Fl. com tlb.... 275 2sO
Wash. Ray. & Elec. pfd. t5)... 82i2 81
Evening star., 1932-04-14
EARNINGS REPORTED.

NEW YORK, April IA (R.-The Sc
curities Corporation General in its re-
port for the year ended December 81
states that the book value of the cor
poration's investments at the close of
1881 was $500, I'll, compared with So
509,808 on December 81, 1880. The ap-
praised value Of thee security holdings
on December 81, 1881, was s4,102, ,688
The common stock had a value of So 81
share at TIE end of 1881, compared
with $26.34 at the close of 1890.
The Libbey- Owens Ford Glass Co. re-
ports for the quarter ended March 81
net profit of S44,23l, compared with net
loss of S188,o72 for the March, 1881,
quarter
Evening star., 1932-04-14
Grain Market

BY the Associated Press
CHICAGO, April 14.-Wheat prices
rose early today, influenced by failure
of expected rains and by reports that
the condition Of domestic Winter wheat
crops Southwest was oeteriorating daily,
Further stimulus to buyers resulted
from announcement that Italy would
raise her wheat import quota 10 to 25
per cent beginning April 26.
Opening unchanged to y higher.
wheat afterward scored an all-around
advance. Corn started unchanged to j
OF and subsequently tended upward.
Evening star., 1932-04-14
Bank of England Statement.

LONDON April IA LP).-The weekly
statement of the Bank of England
shows the following changes in pounds:
Iotal reserve increased 3,05O.00 cir
culation decreased 3,O39,00O. bullion in
creased 11,000, other securities de-
creased 6,973,000, public deposits in
creased 2,Z66, 900, other deposits de-
creased 1,916,O0O, notes reserve in
creased 3,O4O 900; government securities
increased 4,275 900.
The proportion of the banks reserve
to liability is 32.13 per cent, Compared
with 29.74 last week.
Rate of discount 312 per cent.
Evening star., 1932-04-14
New York Cotton
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, April 14-The cotton
market here opened up / to 2 points
today. The local opening was preceded
by publication of a Gotten consumption
report showing 488 655 running bales of
lint cotton used in March, against 450,-
Ol8 in February and 49O,509 in March,
1881. Previously Bremen and Liverpool
markets had been active.
May opened at 652, up 7; July, 644,
up 7; October, SGT, up 6; December,
6.82, up S, and March, 701, up l.
Evening star., 1932-04-14

oIo DIVIDEND rtHnfn rates IN dollars based on last
diyidend tPartly extra. tPlus - in stock
stecE tpsya0ie AZ n cash or stock Payable in
in stock. Plus 60 in stock. h Plus q
in IN sf6St St0Gk P1I Pius 20 in stock. Plus los
stofk Pad n rus 80 IN stock. Plus 80 in
StOeh- Fald last year-no regular rate
Evening star., 1932-04-14
Washington Stock Exchange.
SALES.

National Mtge. & Inv pfd-50 at 3.
Capital Traction Co.-l0 at l412, at
l4l2.
Potomac Elec 5l2go pfd-1O at los.
10 at 105 at los.
Potomac Electric So pfd.-2 at 1llla.
Washington Gas Light Co-lO at 80.
Evening star., 1932-04-14
COMMODITY PRICES.
BY the Associated Press.

Wholesale commodity prices showed
slight decline last week ON the basis
of the index selected by the Commerce
Department. In the table that follows
the index is given for comparable
periods, based on representing 1926
prices as 100 In addition, the selling
price of ton of composite steel prod
ucts is given for like periods.
Evening star., 1932-04-14
]. S. TREASURY CERTIFICATES
MONEY MARKET

NEW YORK, April IA CP.-Cau
money steady, 212 per cent all day. Time
loans steady so days, 2a4a3; 3-6
months 2Aa3 per cent. Prime COM
mercial paper 334a4.
Bankers acceptances unchanged.
Evening star., 1932-04-14
BONDS.
Bid and Asked Prices.
PUBLIC UTILIT!

Bid. Asked
amer lei: Tel 4'aS 81. l9lt4 .-...
Am. Tel. q Tel. ctl II 5s.... 98l2 .....
Anac0stia & Pot. r. R. 5s. So SIS
Ana. Pot Guar. 5S............ 64I4 49,.
c. & p. Tel. OF Va. 5s........ 90 ~
Capital Traction p r. 5s. SIS SO
City Suburban 5s.......... 4834 50
GEORGETOWN Gas lst 5S..... 9934 i0Ol4
Potomac Elec Cons. 5,e...... lOJ .....
Potomac Elec Is 1853 ....... 1861 ...
Wash, Alex. & Mt Vernon eff ...
Washington Gas 4i2s ...... 81 81
WASHINGTON Gas IS SO 100
Wash. Gas 6S. series A...... e9i2 100
Wash. Gas 6s series A.. lUz 1903
Wash Rwy. & Elec. 4s..... 80 SO
MISCELLANEOUS.
Barber & Ross. Inc, 6ias...... so .
Chevy Chase Club 5 5l2S......... 90 l0OI2
Columbia Country C.uo 5 rs. iLJ IU5
" M. Colo Storage 5s........ "a 49,.
The Alaskan., 1932-02-12
Petersburg Harbor
 Favorobly Reported

The favorable report of t.le District Engineer at Juneau on { he harbor improvement at Petersburg was reported favor ably by the division engineer at San Francisco and now the Dele gate has been informed that the report was further approved by the Board of Engineers in Wash :ngton. When it is approved by the Chief of Engineers it will be sent to the Secretary of War who will transmit it to Congress when it will be referred to tie Committee on Rivers and liar bors and be reported or the Rivers and Harbors bill. To be included in the appropriation bill will be the next step.
The Alaskan., 1932-02-12
New Fish Co. Formed, Ketchikan

This week in Ketchikan a group of Alaska fishermen met and organized the Alaska Fish ermen's Company, final incor- poration papers going forward to Juneau to complete the or ganization. J. E. Berg of Ket- chikan is designated as mana ger of the company
 It is expected that this con- plny will be an outlet for a limited production of halibut and other fish delivered to port hy company members. which is composed in the main of resi- dent fishermen.
 The halibut market is in a rrecariOus condition. Eastern buyers have wired Alaska buy CTS and fishermen urging that the fleet do not leave port until March in order that the markets will not be flooded with fresh fish. The market prices natural ly will drop with the flooding of the martS and as the producers cannot operate at a profit much under ten and six cents a pound, it was the concensus of the opinion of the buyers that to flood the market would be Cnly to the hurt of the original producers. With meats at a very low figure in the states, th2 halibut market cannot compete unless the production was limit ed and to flood the markets at this time would be to invite market prices that could not equal production costs.
 Other plans of the company have not been announced as to policies or as to buyers in towns outside of Ketchikan. The off , cers of the company, in fact, felt that the organization had not gone sufficiently far enough in it's organization to seek pub licity. ]
The Alaskan., 1932-02-12
Haibut Legislation
 FauorabH Reported

The Committee on Merchant Marine and Fisheries in the House passed on Wednesday,, enabling legislation supporting the Americana Canadian conven- tjon of May 1880 relating to the halibut industry. The measure is supported by Secretary os State Stimson and the United States Bureau of Fisheries. The legislation is due to take effect upon the expiration of the pre- sent treaty for the protection of the industry and to further prevent the decrease of the hali- but supply.
 A feature attached to the bill is the authority granted officials 10 search and seize vessels, tj patrol the high seas and to in f1ict penalties. Commissions O'Malley stated that the pre- sent closed season would be continued as would the present closed areas for the protection Of the young halibut.
 Delegate Wickersham inserted an amendment which provided that vessels seized in violation of the law should be tried before the nearest court of the United Statse. Congressman Free of California, protested declaring that no Alaskan jury would ever Gecree forfeiture to all the North Pacific Fleet.
 It is estimated that more than 250 vessels from Washington are employed in this industry en- ploying 2,000 men. Half as many again employed in Alaska. By this writing, forty Seattle vessels had cleared for the banks from Ketchikan.
The Alaskan., 1932-02-12
9E7SAR2
CANON COOLIDGE INDIAN
 DIVINE SUCCUMBS IN l.. A.

Canon Sherman Coolidge, na- tionally known Indian divine and rector of the Church of Good Shepherd, Colorado Springs Colo, died suddenly i,l Los Angeles, where he had gone a month ago for his health.
 Canon Coolidge was born February g, 1862, near Sheri- dan, Wyo., and was the son of Das Banasfa and Ba- -Ah-Noce, Arapahoe Indians. His Indian name was Des- -Che-Wa-Ah.
 When 7 years old he was ore Of a party captured by a band of Shoshones and Bannocks at Camp Brown, Wyo. He later was rescued by Army officers and was adopted by Lieut.. and Mrs Charles A. Coolidge. Canon Coolidge was married to Grace Darling Wetherbee of New ork City. He is survived by his widow and two daughters.
The Alaskan., 1932-02-12
Alaska Appropriations
 Before Congress

The Interior Department SUD- ply bill was reported in tEe House Jan. 25, by the Demo- cratic Appropriations committee For the fiscal year ending June 30, 1883, was $56,7O5,352. But the committee has scaled this a. mount down to $50,431 ,432 Alaska has been treated as fol- lows: Governors salary last year S7,000, increased by legal enactment to S1O,OOO; Secretary Of the Territory, salary $500 increased to S5,600; contingent expenses for Governors and Secretary's office $14,300, in- creased to 800; Legislative expenses, as usual, $46,00C, reindeer activities, $26,900 this year, increased to $34,3O0; care of insane from $152,000 in. creased to S156,000; suppression of liquor traffic among the In Gians, from $16,2OO decreased to S12,000; Alaska Railroad, from $l,0O0,000 this year to $500,0O0, III addition to allotment r3- ceived by the Railroad during the next fiscal year. For the education of natives in Alaska | he committee recommends sG90,000, which is $109,000 less than the current amount. For medical relief in Alaska there is recommended $281, 300, which is &37,200 less than the current figure. For continuation of the investigation of the mineral re- sources $67, 500. For administra- tton and maintenance of Me kinley National Park the pre- sent sum of $195,OO0 has been increased by the committee to S225, ,100 In addition the usual provision is made for Geological Surveys and Land Office ex- renses. The Secretary of the Interior sought to have the committee consent to giving the Alaska Railroad authority by the inclusion of the following words Operation and maintenance ot agricultural experiment stations heretofore operated by the De- rartment of Agriculture on the line of the railroad," but this was refused.
The Alaskan., 1932-02-12
'3O" For Bob McChesney

Funeral services for R. J. Mo Chesney, 60 years old pioneer Alaska and Seattle newspaper nlan, who died Saturday, was held Sunday afternoon at tie Johnson & Hamilton parlors, Seattle.
 MT. McChesney had be . n manager of the Alaska Printir 2 Company in Seattle for several years.
 A pioneer newspaper man ir. Alaska before the gold rush, MI McChesney owned and publish ed The Fairbanks Daily News which he later sold to E. S. Bunch, w. H. Raymond and Frank Cotter. He also spent several years in Cordova. He was a member of the Elks and Of the Typographical Union.
 MT. McChesney is survived by his widow, Margaret, 1705 Sum init Ave, and three daughters Mrs. Helen Kleinschmidt, Mrs Grace Kleinschmidt and Mrs Dorothy Carrigan, all of Seattle
The Alaskan., 1932-02-12

The Welch bill, that seeks to regulate the operation of float ing canneries in Alaska, will have a hearing before the House committee on Merchant Marine and Fisheries on Thursday, Eco. iJ. A. H. Bradford, president of the Associated Fishermen of Alaska, wires from Seattle that he will be present to represent his company in opposition to the bill. The International Packing Company has also indicated that they will have a represent 2 i've present at the hearing to oppose the bill.
The Alaskan., 1932-02-12
Excellent Program
 Given byP. I. A.

Wednesday night the Parent Teachers Association put on one of the best programs of tn! year in the school auditorium. MT Paul Vernon, Post Com mander of the Petersburg Pos American Legion gave talk On tne High Lights of the Life of George WashingtOn-tOuchiEg on incidents in the life of Uue first president of the United States showing it's influences ur- Cn the life of the nation.
 MT. Allen, of California, visit- ing his brother Robert Allen, also gave a talk before the As sociation. His topic being 9 re- view of the history of art from the time of the Egyptians to the present day, showing the differ elt schools and periods of art and their varied trend He also explained the modernistic cub lSt and futuristic fad which is so pronounced in modern art and touched on it's effect or the various schools of art and what it will produce in the future.
 Several members of the class in English read papers on the life of George Washington, tn comemoration of the Bicentan- nial which will be celebrated this month.
 Principal Beck read a clipping from the Portland Oregonian showing the high rating of girl in the Marion County schools under the Stamford Achievement Test and in com rarison read a list of those who had equalled or bettered the record of the Oregon girl. The comparison will be published in these columns, next issue.
The Alaskan., 1932-02-12
Hearings On
 Bone Dry Law

On Jan. 26th Delegate Wicker- sham had a hearing before tEe Committee on Territories on his bill to repeal what is generally known as the Alaska Bone Dry Law. A large majority of the 23 members of the committee was present and listened to a lengthy presentation of the reasons why the law should be repealed In many particulars this Act is in conflict with the VolStead Act and the courts have held that where there is such conflict the Alaska law, which was passed by Congress in the Spring of 1917. must give way to the later gen. eral law, known as the Volsteed Act. The Delegate maintained that the laws are confusing and TOW entirely unnecessary. B. shop James Cannon, Jr., was present with his attorney, ard asked a few questions. The re- Guest was made by the attorney that the Committee do not make a report on the bill until after they have had an opportunity to study the Delegates printed statement and make reply if it is so desired to do.
The Alaskan., 1932-02-12
Boxer, Famous Ship
 OF Arctic For Sale

After nearly 10 years of Arc tic service, the good ship Boxer is to be sold by the government and her place taken by the 1aotorship North Star.
 Launched in 1905 on the east coast as a brigantine for naval training service, she was sent by the department of the irs.. terior to Seattle in 1923. Since then, the Boxer has served the little settlements, government schools, reindeer stations and hospitals in Alaska.
The Alaskan., 1932-02-12
20 INVESTIGATE NEW YORK
 ADMINISTRATION


 The New York senate insti- tuted an investigation of the state administration. The move, a surprise offensive was able to brush aside all democratic op position. Every department Of the state administration will be investigated according to the text of the resolution. The in- vestigation of New York City was declared to be a political trick pulled at the instigation of the Democrats themselves.
The Alaskan., 1932-02-12
CORDOVA PLANT
 MAY BE OPENED

Gust Strand of the Strand Fisheries of Aberdeen, Wash ington, which recently acquired the Cordova Packing company plant, said that the plant would be placed in operation about May 1, in the event conditions improve.
 The plant is equipped to handle salmon and clans and may employ as many as 150 clam diggers and cannery crew if it is opened which de- bends upon a pickup in the market.