davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-01-03
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK. January 2.-The fol-
lowing is today's summary Of impor-
tant corporation news prepared by
Standard Stistics Co., Inc, New York,
for the Associated Press.
News Trend.
Brokers loans in the week ended De-
cember 80 declined S2000000O to
new low record of S59l ,0000 000 Loans
made by Federal Reserve member
banks for their own account decreased
50 600 900, loans for out-of-town banks
were $4,000 900 lower and loans for
others declined $l,000,0o0
The Industries.
Lead-November world lead output
totsled 1888 short tons, VS.. ll7984,
In october, and 144,525 in November.
1880, according to American Bureau OF
Metal Statistics.
The Companies.
Long Island Railroad not eligible to
borrow from surcharge pool to be ad-
ministered by Railroad Credit Corp.
because it derives less than SO per cent
of its revenues from freigh transpar-
tation.
Simmons Subsidiary, B. F.
Huntley. furniture, not yet on profitable
basis; inventory reduced materially DUR
ing year. 80 ,s,,o
tion period March 81 to November !
valued at s527,973 VS.. S470,979 in 1880
period.
Bangor & Aroostock Railroad to lower
wages of all employees in near future.
Consolidated Gas, Electric Light d
Power of Baltimore gets three-year
lighting contract from City OF Baltl-
more: involves about s4,l67 900.
Hall wv. F. Printing expected to de-
clare 80 cents regular quarterly divl-
dend: annual needs covered by sub
stantial margin in current fiscal year.
International Nickel Of Canada-No-
vember nickel exports valued at s7l5,67l,
VS.. Sl,0l1, ,106; 11months, Sl2,476,4 ,49l,
VS.. $lS,4l7,709.
Radio Keith Orpheum - Stockholder
files amended complaint in receivership
action against company; alleges re-
financing is illegal and asks company
be enjoined from putting it into effect.
Roam Antelope Copper Mines-Pro-
duction sold to end of November at
prices which permitted operating profit;
October output totaled 1929 long tons;
November was 1882 long tons.
Underwood Elliott Fisher-Savings
from economies estimated at over So
100000 annually.
Wesson Oil & Snowdrift-Common
share earrings quarter ended November
80. 81 cents. VS. rs cents.
Western Electric-l93l sales approx
mated 100000, VS.. 1851, ,47S,ooo in
1880.
Atlas Utilities - Substantial interest
acquired in Goldman Sachs Trading
Corporation.
Atlantic Coast Line Railroad cuts
officials salaries 10 per cent.
Cities Service subsidiary gets l0-year
Windsor Ontario, gas franchise.
Nashville, Chattanooga & st. Louis
Railway officials salaries cut 10 per
cent. 1881 loss estimated at $500 600.
Evening star., 1932-01-03
TRENDS FORECAST
FOR HALF OF 1882
Further Changes in Cost of Living
Predicted-More Mergers
Expected,

Among the conclusions drawn by the
Standard Statistics Co. in its frst-of-
the-year review of business are the
following:
Despite the probable termination of
the price decline in raw materials.
further readjustments will be registered
in the various items comprising the
cost of living.
Faith in the effectiveness Of arbi-
trary attempts to arrest the course of
deflation will be replaced by the recog-
nized necessity for individual and pub
lie budget balancing.
"A relative increase in the burden of
fixed charges will everywhere make it
necessary to emphasize the price factor
in making purchases.
Real wages will not decline
Under present conditions. export
business will be of small proportions,
I'VE expect a revival in merger
activity.
THE depression has revived careful
thinking, which should increasingly as
sert itself in industrial planning"
Evening star., 1932-01-03
BONDS IRREGULAR
IN HIGHER TREND
United States Issues Con-
tinue to Show Strength.
Utilities in Advance.
BY VICTOR EUBANK.
Associated Press Financial Writer.

NEW YORK, January 2-The bond
market was disposed to mark time in
todays brief session, although prices
were irregularly higher.
United States Government obligations
were exceptionally firm despite their
large gains Thursday. 1t was reported
there was strong bank buying in these
securities. There was heavier trading
in the Treasures than in the Liberties.
The latter, however, were not inclined
TO give ground.
The utility list came in for more than
ordinary attention and a number OF
these loans advanced moderately.
Among those registering gains were
American Telephone SIS of 1860 and
debenture SIS of 1865. American & For
eign Power IS also advanced. Postal
Telegraph and International Telephone
liens were inclined to sag.
Railroad bonds did not achieve the
sweeping gains of Thursday, but some
of the carriers, such as Atchison, 1lli-
nois Central and Nickel Plate, sold at
higher prices. On the other hand liens
of Baltimore g. Ohio, Chicago & North
western and Missouri Pacific lost part
of their previous advances.
Argentine government bonds were the
leaders in the foreign category a num-
Der selling up around points at one
time. German issues were fractlonally
lower. The Sis were marked up in
early trading, but later became easy.
British 5l2S were firm and japanese
securities showed a tendency to resist
recent pressure which caused them to
record new lows.
Stock privilege issues were mixed in
extremely light trading.
Evening star., 1932-01-03

800 and $50 per hundred pounds; oys-
ter plants, 400 and 500 hundred; 4;
pumpkins, 500 and 1000 hundred ;
Savoy caggage, 40a50 bushel; spinach,
100 and lis bushel, and washed tur-
nips, l5a25 hamper.
Live Stock Market.
The live cattle market dull and drag
gy, but is expected 10 improve next
week. Only first quality stock attracts
attention and all common, undergrades
are slow sale. Quotations today at Light
Street Wharf:
Beef cattle, first quality. pound, 612a
~: common to medium, pound, 4a6,
bulls, as to quality, pound, 3a5; cows,
choice to fancy, pound, 4a5; common
10 fair, pound, 2a3; oxen. as to quality,
pound, 3a5; calves, veal, choice, pound,
7a7R; large, fat, pound. 5a6; large,
rough, pound, 4a5; common, thin,
pound. 8 to 4; sheep. pound. 1ha21a /;
Spring lambs, choice, pound, 512a6i2 !;
fair to good, 3a5: hogs, straight, pound,
5a5k; sows, 4a4la; stays. pound, 2a3;
live pigs, pound, 8al0; shoats, pound,
6a8
Evening star., 1932-01-03
At. &T. HOLDERS GAIN
100000 IN so YEARS

American Telephone g. Telegraph Co.
will end the year with close to $4,000
shareholders on its books. This com
pares with SGT ,694 at the end OF 1880,
which figure was 97,893 more than at
the end of 1929.
When the American Bell Telephone
Co, the parent of the present Bell sys-
tenn, paid its, first dividend on January
/, 1881, its shareholders numbered $40,
Of which $50 resided in Massachu-
setts, the remaining 90 being scattered
through a few States, chiefly New Eng
land. To-Day checks are sent to stock
holders residing in every State of the
Union and to 70 foreign countries.
In 1890 the Bell system had $500
stockholders, and in 1900, after becom-
ing the parent company, the American
Telephone b Telegraph Co. had $500
stockholderk
Evening star., 1932-01-03
BUILDING ESTIMATE
TOTALS$4,312,839,O19
Trade Magazine Complies Figures
for Operations Throughout
Nation in 1881.
BY the Associated Press.

BY the Associated Press.
CHICAGO, January 2.-American
Builder and Building Age has estimated
that S4,312,839,O19 was spent for con-
struction in the United States during
1881. This was slightly more than half
the average for the preceding five
years
The magazine estimated that 317,535
buildings we're erected during the year.
Cost of residential construction
dropped 13 per cent, from $4.90
square foot in 1929 to s4.27 in 1881,
the magazine said, despite steadily
progressing tendency to use more eX-
pensive equipment in dwellings of all
types"
Value of different types of construc-
ton was given as follows: Residential,
S1,7646O5, 1877; commercial, $685. 5,097.-
PAL factories, S131, ,281; education
al. $257,235, ,318; hospitals and institu-
tions, $127,107.583; public, 1892, ,680,775;
religious and memorial, $61,17l ,878;
social and recreational. S115,066,789,
and public works and utilities, $1,293,-
TIP 357
Evening star., 1932-01-03
STEEL OPERATIONS
SHOW SLIGHT GAIN
Trade Hopeful of Better De-
mand-StructuraI Orders
Up Sharply.
By the Associated Press.


NEW YORK, January 2-Rehecting
moderately improved buying and re-
opening Of some plants following the
Christmas holidays, steel operations ex-
panded slightly in the past week, bring
ing the estimated rate of production up
to % per cent of capacity.
The trade Is hopeful that further i'm
provement will develop from the auto
motive trade as well as railroads wlIe~.
the advance in freight rates becomes
effective January 4. Structural awards
gained quite sharply. The price out
look Is still said to be unsettled, and al
though efforts to bring about Steadier
basis for the first quarter are reported,
metal is still being sold at concessions.
Pig iron was barely steady, although
slightly larger shipments were made.
Copper remained quiet, with domestic
consumers still out of the market and
foreign demand tapering off sharply
when the London market turned easier.
In the absence of demand, however,
sellers are not pressing the market and
prices hold steady at ia cents for elec-
trolytic delivered in the Connecticut
Valley.
Domestic tin prices have eased under
the regular import parity, owing to
moderate dealer selling pressure, but
there has been no improvement in de-
mand with consumers remaining out
of the market.
Evening star., 1932-01-03
ASKS DELAY
IN TAX COLLECTIONS
By the Associated Press

BY The Associated Press.
ST. LOUIS, January 2-Oficials of
the St. Louis-San Francisco Railroad
announced from headquarters here to-
day that in order to meet bond interest
payments the road was asking a post
ponement of tax collections in three of
the nine States in which it operates
The three States are Missouri, Kansas
and Alabama, where the delinquent
taxes total about 81 5000 900.
In statement, E. T. Miller, vice
president and general solicitor, said the
Frisco had sufficient cash to meet the
tax charges, but because of bond inter-
est of S2,480,000, due January l, and an
installment of about 1,0000 900 on an
equipment trust obligation, due January
Is, preferred to defer tax payments for
"a brief period"
Evening star., 1932-01-03
Business Notes

NEW YORK, January 2.-Widespread
unemployment makes the outlook I'M
favorable for manufacturers of semi
luxury household products like electric
sewing and washing machines, vacuum
cleaners, furniture, floor coverings, ETC.,
according to Standard Statistics.
The same authority finds that manu-
facturers Of soap, matches and mechan-
ical refrigerators are operating under
comparatively favorable conditions
These products continue to show a
strong resistance to recessionary in
fiuences.
After holding at relatively satisfac-
tory levels throughout the greater part
of 1881, sales of drugs and medicines
recently have shown a tendency to de-
cline. In many instances the reces-
sions are regarded as the result Of un-
seasonably warm weather. -.
The Irish Free State H increasing It's
income tax.
Evening star., 1932-01-03
WILL REDEEM BONDS.

Dillon, Read g. Co., as fiscal agents in
the United States for the Kingdom Of
the Netherlands 6 per cent 50-year
loan of 1922, have notified holders of
the series A bonds that the government
will redeem on April /, 1882, all of the
bonds then outstanding, amounting to
$50, 100000 guilders approximately
$50, 60,000,000). The operation will mark
one of the largest foreign government
loan redemptions in some time.
Evening star., 1932-01-03
What Things Cost

STANDARD Statistics Co.. New York;
NEW YORK, January 2 (F).-Of the
26 important commodities in the fol-
lowing table, are higher in price
than last week, are lower. and IL
remain unchanged.
Evening star., 1932-01-03
New Passenger Traffic Head.

NEW YORK, January 2 (PD-Efec-
tive January Is, j. w. Switzer will be-
come passenger traffic manager of the
New York Central Buffalo and Eastern
division, with headquarters at New
York. Joseph R. OMAHA has been ap-
pointed general coal traffic manager.
Evening star., 1932-01-03
Baltimore Markets
Special Dispatch to The Star.

Special Dispatch to The Star
BALTIMORE, Md, January Both
the live and dressed poultry markets
cleaned up fairly well during the holi-
day season and fair demand is looked
for in the next few weeks. Prices are
holding steady on practically all lines,
but shipments should be limited TO
prevent a glut on the market, with
consequent lowering Of values. Ship
pers also are advised 70 ship the ma
Jority Of stock alive, as demand for
dressed poultry after the holidays is
uncertain.
Young hen turkeys, pounds and
over. are bringing 27 and % cents
pound and young gobblerS, II pounds
and over. "a and 26, but old hens and
large gobblerS are slow sale at 81 and
%, while crooked breasts are neglected
at Is and IT. Medium 10 large mixed
colored young chickens are firm at l8
to 22, but Leghorns will not bring over
IA to II, while poor, thin stock as we'll
as barebacks are hard to move at II
and 13. Heavy fat old hens. pounds
and over, continue in good demand at
18 TO %, but smaller as well as Leg
horns not so desirable, at Is to IT, and
il is more a question of buyers than
price for small poor fowl and old
ROSTERS, at II to l3. A fairly good
demand prevails for choice fat young
ducks and geese, at II to 81 for the
former, and l6 to 20 for the latter, but
small, poor stock is neglected, at II and
13. Market for guinea fowl and pigeons
holds steady, at 25 to 40 each for the
former, and 20 to 25 pair for the
latter.
Egg Prices.
The egg market remains unchanged
at 80 to 80 cents a dozen for hennery
whites, SIS pounds to the case, ana 26
and 27 for nearby candled firsts, but
current receipts are slow sale at rs and
2e, while small pullet eggs will not
bring 20 to %.
Receipts Of white potatoes continue
fairly liberal from all sections, but under
a fairly good demand the market holds
steady at rs to 80 per 100 pounds for
well graded firsts, all mixed, ungraoed
stock having to be sold to the Arab
trade at uncertain prices. Sweet pota-
toes and yams holding steady under a
fair demand at 100 to l.25 barrel, but
ungraded stock will not bring over SO
to rs barrel.
Demand for native and nearby gar
den truck only fair and prices are most
ly In BUYERS favor at the following quo
tstions: Beets and carrots, 2.50a350 per
hundred; kale, 75aS5 bushel; onions,
Evening star., 1932-01-03
FOREIGN EXCHANGE.

Quotations furnished by w B Hibbs 4 co)
Nominal gold Selling checks
Evening star., 1932-01-03

The Irish Free State Is increasing It's
income tax.
Montana labor news., 1932-09-01
deal combination.

moderate cost 90 hand in hand is an ideal combination.
Pleasant surroundings do much to assuage sorrow and
a well-conducted funeral and peaceful environment is a balm
to those in grief. This, together with the desire to avoid
any trace of stinting or obvious economy, when funds are
limited, is an important reason for choosing a funeral home
of the finer type. Only the large and well equipped establish
ment can give to the inexpensive service, the comfort, beauty,
and dignity so earnestly desired on this occasion. Merrill
Mortuary. with a total seating capacity of 125, is commo-
dious end beautifully appointed and their least expensive
funerals are given the advantage of this setting.
This firm is anxious to give each case the kind of funeral
best fitted to financial circumstances, and by giving the same
careful attention to each detail regardless of the amount ex-
pended, they make these last rites assume the proportions
of a beautiful tribute to the deceased.
Their personnel has had years of experience, their rolling
equipment is modern and they consistently answer all calls
regardless of the time Of day, as they operate a 24-hour
service on a moments notice.
Contrary to general opinion this institution and its asso-
ciated ones in five other Montana cities is not operated by
out-of-state interests but is leased and operated by Pat R.
Gagner, who was born and has lived all his life in Butte.
Montana labor news., 1932-09-01
E QUALITY IMPROVED
Royal Bakery, at 1O7 East Park Street, Makes Eureka
Bread, Cakes and Other Bakery Products Unsurpassed
in Quality in Montana. Managed by Joseph Keane.

Since our earliest known era, bread has been an important
part of human food, and in recent years physicians and
dieticians have endorsed it as a food of extreme health value
because of the high content Of protein and carbohydrates
which it possesses. Both of these elements are most essen
tal to the health of the human body. Both, however, are
obtained from wheat and of equal Importance is the fact thai
a very material change has been made in the other ingredients
Evening star., 1932-05-01

- ALE Of Mattapany, one Of the
most historic estates in South
en Maryland, the house on
~ which is shown above, was an
nounced today.
The new owner Is George A.
Weschler, consulting engineer OF Wash
ington, who purchased the 6O0-acre
estate from Mrs. Margaret Hale Thomas
of Boston.
Mattapany is located on the Patuxent
River, about 20 miles below Leonard
town. The estate takes its name from
the Mattapient Indians, who occupied
St. Marys County prior to the English
colonization.
A tract Of 1000 acres, including the
present location of Mattapany, was
given Father Andrew White. Jesuit
missionary, by the Indians. This site
was developed by the Jesuits with a
mission and store house. In 1641 the
Lord Proprietary of the Province, be-
coming alarmed at the amount of land
in Jesuit ownership, forced them to
deed all the lands they held, including
Mettapany, 20 the province.
SewaII Takes Possession.
In 1861 the Proprietary gave 1900
acres at Mattapany, with the rights
of a manor" to Henry. Sewall, secre-
tary of the province. The Sewalls had
come to America on the same ship with
Charles Calvert, Governor OF the
Province, and later Lord Baltimore.
After the death of the secretary in
1865, Mrs. Jane Lowe Sewall married
Charles Calvert, the third Lord Balt-
more.
He erected large. roomy. rather
pretentious brick residence at Mat
tapany designed according TO his
torians, "for comfort rather than ap-
pearance" The first house stood about
Evening star., 1932-05-01
HIGH HOMICIDE RATE IN SOUTH
IS BLAMED ON POOR SCHOOLING
Different Set of Social Standards Also Is Cited in
University Survey.

same manner in which these qualities
are impressed on the children In the
North. Therefore, education does not
help the children of the South to the
same extent that 1t does in the North.
And family training In the South
teaches the children to hold pride and
honor above everything else at any cost
Public opinion and pride have been
largely responsible for many deaths be-
low the Mason-Dixon line. The South
erner IS extremely individual and takes
matters into his own hands without
considering the law or the penalty that
may be imposed by the law Having
always been predominantly rural, the
trait Of individualism, which is we'll
known to farmers, stands out among all
Southern citizens. Their name or honor
shall not be blemished, even though
human life is required to maintain the
clear record. They do not hesitate to
kill and fear no consequences, since
they are doing what their forefathers
did and would have done today
I'm the North people have not had
the same mores handed down through
the generations. They are much more
law abiding, not possessing so largely
the quality Of individualism, but instead
realizing how wrong it is to take human
life"
The conception that the concentrated
colored population in these States might
be largely responsible for the existing
situation has been proven false, Mr..
Byrd continued, since homicide rates
prepared on the basis of white popula-
ton only show the South will retain its
relative standing Of highest in the coun-
try, although some individual States
improve their relative standing.
Evening star., 1932-05-01

fsderate cause during the Civil War
Except for a period Of about three
years in the decade between 1840 and
1850, Mattapany has remained in the
possession of the descendants of Henry
Sewan until the present sale, which was
arranged through the real estate firm
Of Shannon & Luchs Of Washington.
Milestone Landing Included.
The estate includes Milestone Land
ing, known to many patrons Of the
steamboat line that formerly piled be-
tween Baltimore and Washington.
Present improvements consist of the
brick manor house, shaded on the south
by very old mahogany and fig trees,
with lilac bordered lawn stretching to
the river bank on the north; a care
takers house; house occupied by the
tenant who farms the 300 acres under
cultivation; a third small house and
numerous outbuildings.
AS consulting engineer for the
Rockefeller restoration of Williamsburg,
Va, Mr.. Weschler Is eminently qualified
to develop the possibilities of Mattapany.
Evening star., 1932-05-01
MONTPELIER STATUE
TO MADISON PLANNED
Monument Would Be Made Ma
tional Shrine, Under Orange
County Plan.
Special Dispatch to The Star.

Special Dispatch to The Star.
ORANGE, Va, April 30-At the an
nual meeting Of the Orange County
Chamber Of Commerce, in the Court
House here, movement was inaugu-
rated to erect statue of President
James Madison, at Montpelier, with the
idea Of having it become a national
shrine. Claude G. Bowers, who has pre-
viously advocated such a movement,
calls Madison, father of the Constitu-
ton, the most neglected Of all American
heroes.
Through the generosity Of Mrs.
Thomas II. Somerville, owner Of the
Montpelier estate, some years ago the
Montpelier Cemetery, in which President
Madison and his wife are buried, was
decided to the William Byrd Chapter,
D. A. r., Richmond, who erected road
side monument at the entrance to the
grounds, and who have employed care-
taker who Is said to have been owned
by the Madison family.
Evening star., 1932-05-01
BY the Associated Press.

BY the Associated FEeSS.
UNIVERSITY, Va, April 30.-Un-
equal educational opportunities and a
different set of social standards were
given as the foremost causes for the
high homicide rates Of the South as
compared with the national average in
q survey by william Edgar Byrd, jr., of
the School of Rural Social Economics,
University of Virginia, published today.
Mr.. Byrd pointed out that the South
ern States, and especially those Of the
Southeast, lead all other sections of the
United States in their homicide rate,
while the United States in turn leads
the rest of the world, with the excep-
ton of Italy.
virginia, the survey showed, ranked
seventeenth among the States in its
homicide rate, with q rate of 10.1 per
100000 population. This rate is the
lowest among the Southern States, but
amounts to deaths per 100000 more
than the average for the Nation.
"Of course" Mr.. Byrd said, lit would
be impossible to draw definite conclu-
sionS to explain why the Southern
States continually maintain the highest
rate Of homicide, but there are several
reasons which explain the rating fairly
accurately. There Is no doubt that
early training both In the home and in
the school Is essential to progressive
human welfare. In the South the
States rank at the bottom Of the edu-
cational ladder.
The children do not receive equal
benefits of training that Northern sons
and daughters do. Good citizenship and
altruistic behavior are not thought of in
the realm OF Southern education In the
Evening star., 1932-05-01

$50 yards south Of the present ssruc-
ture, which was built in 1927.
Charles Calvert's house was ap-
parently fortified, for, in 1882, the
provincial council passed an act
establishing a guard at Mattapany "for
the defense of the Right Hon. Lord
Proprietary, and with him the magazine
and military stores there"
Deputies Find Refuge.
Mattapany protected more than the
Calverts, for during the Protestant
Revolution the deputies were driven
from the capital at st. Marys City and
took refuge there 1t was at Mattapany
on August 1, 1889, that the formal
articles of surrender were signed and
the province thereby turned over to
the revolutionists.
Mattapany was again touched by the
spotlight of history almost 200 years
later. when the three sons of Jane
Armstrong Thomas, a descendant of
Henry Sewall, became heroes Of several
exploits as sympathi5ers with the Con-