davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-07-21
BONDS ARE HIGHER
T. IN ACTIVE MARKET
List Has Scored Gain of 8
Average Points in Re.
cent Sessions.
BY F. III RICHARDSON
Iecial Dispatch to Thc Star.

6pecial Dispatch to The Star.
NEW vORK, July 21.-Bonds ad.
vanced again teday-tfe eighteenth
consecutive market session of the pres.
ent movement. Trading was in sub.
stantial volume.
Price gains were not large except in
isolated instances, but the steady daily
Improvement of the past three weeks
has been one of the most encouraging
phases of the advance 1t reveals the
presence Of investment buying and a
minimum Of speculative attention, which
would inc vitablg end in heavy profit
taking The advance now aggregates
over average points, bringing the
market level back to where it was early
in May and restoring approximately
$f.500 ,00D. 600 in the total value of bonds
listed on the New York Stock Exchange
The opening was higher. Most of the
interest was centered. in railroad. in
dustrial and Junior utility descriptions
that reflect corporation earnings rather
than money rates. Wall Street was
favorably inclined toward the railroad
issues following the frank public state
nIent of the rail executives.
There was good buying of Atchison
general As, ChesaDeake g. Ohio general
mortgage 4les. Chicago. Burlington e.
Quincy 4s Norfolk Is Western As. New
York Central 312s and other seasoned
carrier obligations. Second and third
grade rail issues. like Allegheny IS. At
Gibson convertible 4l2s, Baltimore &,
Ohio 412s- Chicago Great Western As.
Delaware & Hudson refunding As, Erie
refunding SIS, Illinois Central 4As. Mis-
NJ a.. Co. n y
ern Pacific IS. Frisco prior lien As,
Southern Pacific 412s. Southern Rail
way As; and Western Maryland As, were
also bought
In the industrials gains occurred in
Chile Copper SIS. Dodge Brothers IS.
Goodyear :. International Cement SIS,
international Merchant Marine IS.
Paramount ublix SIPS, Philadelphia &
Reading Co. g. Iron IS. Shell Union
Oil SIS and sinclair Oil 6i2s.
Prime utility bonds were firm, with
q heavy turnover in American Tele-
phone IS, Consolidated Gas 5i2s, New
York Steam IS and all the New York
City fractions. Subsequently the trac-
tions, notably Interborough Refunding
SIS and Brooklyn Manhattan Transit IS.
net proft-taking after making new
tops for the movement.
were steady, with trading down to nor
NAL proportions after the heavy turn
over Of recent market sessions.
Once again canadian bonds, espe-
cially those Of .ne Canadian govern
ment and those guaranteed by it, were
in brisk demand. Canada and other
sections of the British Empire were al
ready reported in agreement on re-
ciprocal treaty ON steel products. There
was a scarcity Of Canadian Northern
Is. Grand Trunk IS and 7s Canada
4s. Canadian Pacific IS and bonds of
the Canadian National Railways. Most
Of these reached new tops for the
movement.
In the foreign list Germans recovered
some of the ground lost since the new
outbreak of rioting in Germany early
In the week Young Plan 512s and
Dawes Reparations Is, regained to 8
points and then met renewed liuuida-
ton. Elsewhere the foreign list was
firm.
Evening star., 1932-07-21
|C|jRB SHARES FIRM
| IN UPWARD TREND
Utilities, Oils and SpeeiaIties
Featured in Quiet
Trading.
BY JOHN A. CRONE.
Special DiSuatch to The Star.

opeCldi Dtcp&tcl 70 Tn6 star.
NEW YORK, July 2l-Public utili-
ties, oils and specialties featured the
upside Of quiet but firm session On
the Curb Exchange today.
Tne usual market leader, Electric
Bond & Share. ranged narrowly, as did
Cities Service. but some of the less ac-
tive power and light issues pointed
higher. Standard Oil of indiana main-
tanned its initial gains and so did Gulf
Oil Of Pennsylvania.
New York Steam in the final minutes
OF the preceding session Jumped 4
points, thereby forecasting declaration
OF the regular common quarterly dtvi-
dend OF IS cents today. New York
Power & Light Corporation per cent
preferred, which fell Is points late last
week. regained about q third Of that
decline in the first few trades today.
New England Power & Light 6 per
cent preferred was another favored senior
UNITY as 1T opened up 3i4 points. Kop-
pers Gas & Coke 6 per cent preferred
much of the company Is owned by
the Mellon famiiy-at1racted attention
because Of Its wide spread. It was Is
bid and u offered
Celluloid Corporation preferred ap-
peared at bid and 20 offered Celia
nese Corporation Of America first par
ticipattng preferred, after a series Of
bids and offers in the last three ses-
sions. sold at g. off points.
The aluminium group featured the
manufacturing shares as Aluminium Co.
OF America common moved ahead sew
eral points and the preferred advanced
more slowly. Aluminium Co, Ltd. COM
mon was up about 2 points, but the
preferred was unchanged
Steel stocks also were in better de-
mand. Acme Steel and general alloys
pointed upward. Record low price, for
export copper dampened enthusiasm
for the red metal shares, but Canadian
gold mines were bid up again. though
somewhat less aggressively than the
last few days.
Refecting the prospective joining Of
the Nationwide air freight and eX-
preSr service, Pan-American Airways
was lifted up more than q point. A
few specialties. such as Americe n
Cysnami6 B and Acetol Products. mir
rored trade trends. Some Of the recent
activity in chemical shares is due. not
only to favorable dividend actions, as
in the case Of Dow Chemical but to
increased industrial operations. Re-
suming textile mills are buying chem
icals in increasing quantities.
Evening star., 1932-07-21
CAREFUL j. s. LOAN
POLICY IS URGED
Lending by r. F. C. Only on
Self.Liquidating Basis
Suggested.
BY DIR. MAX WINKLER.
Special Dispatch TO The Star.


NEW YORK, JWV al.-From the
standpoint Of econdlnse soundness, the
wisdom Of promGupus granting Of
loans by the Reconstruction Finance
Corporation may be questioned. It would
be desirable if those charged with guild
ing the destinies of the agency would
scrutinize applications most carefully,
sanctioning only such loans as are of a
definitely constructive character. Po-
lttfcal considerations should have no
bearing upon transactions
Authorization of an additional amount
OF more than $4,000, ,000, 900 to be loaned
by the corporation to States for public
works as well as for direct relief for the
destitute is to be viewed favorably only
q. long as advantage will not be taken
OF the measure. Thirty States in the
Union have already filed applications
for loans aggregating 5000 900 900. For
projects which are self -nquidating re-
quests for loans should not be withheld
Lending for non-producing purposes
should be discouraged.
Otherwise 1t may lead to imitation,
onsetting 10 a very considerable extent
whatever results the sponsors of the
corporation may have hoped to achieve.
tCopyright, 1882. bv North American News
paper Alliance, Inc
Evening star., 1932-07-21
NORMAL CONDITIONS
AT PRUDENTIAL BANK

Edward A, Baker. cashier of the
Prudential Bank. IT'S Florida avenue
said today that conditions at the bank
had returned to normal, with hundreds
OF depositors who had withdrawn their
money making redeposits.
A small run over the past week end
was attributed by bank officials to
false rumors" circulated in the down
town section
Mr.. Baker said more than $4,000 in
deposits was received at the bank yes
terday and that number of new ac-
counts had been opened Depositors
representing $4,000, he said have
signed agreements not to withdraw
more than 10 per cent of their ac-
counts during the next 30-day period.
thus relieving any possible pressure on
the banks funds.
Evening star., 1932-07-21
Radio Wholesale Sales.
By the Associated Press.

Bt th6 ASsOClH6eu FfesS.
The Commerce Department reports
that wholesaling of radio sets and
equipment Is highly concentrated: geo.
graphically, with New York, Illinois,
Pennsylvania. Ohio California and New
Jersey accounting for nearly 10 per
cent of the total volume.
New York City is the leading whole
sale market with nearly one-third OF
the total for the United States. and is
particularly important since many New
York City establishments have built
up national distribution.
Chicago is second in Importance, fol-
lowed bv Newark. N j., and. San Fran
cisco. These four leading cities handle
so per cent of the total wholesale radio
business in the United States.
Evening star., 1932-07-21
Grain Market

BY tho Associated Press.
CHICAGO, July 21-Wheat values
segged IN the late dealings today owing
largely to absence Of sustained buying
force.
Export demand for United States
wheat was lacking. although 1000 600
bushels CT Canadian was taken today
and an equal amount yesterday. Price
declines we're IN the face of the fact
that predictions of rain had besn un-
ful6'led.
After reacting to below yesterday S
finsn all erouro. wheat closed irregular
at u decline to Ia advance; corn Il to
% down. oats y to Il cff and provisions
at a rise of u to II cents.
Evening star., 1932-07-21
CHICAGO DAIRY MARKET.

CHICAGO, July 21 P.-Butter,
10. o2g tubs; unsettled. Creamery-Spe-
cial (93 sccre). 18a, a19l4: c-.Fs ~
score), 184; extra frsts C90-9D, Ia
17Es: f1rsts tSS-8S. 15al6; SECONDS
(86-8O. 1914; standards go CEN
tralized carlotsa.. 1S Eggs &701 crates:
easy: extra frsts. IA; fresh graded,
firsts. l31; current receipts, 11a12l2.
Evening star., 1932-07-21
potato MARKET.

CHICAGO. July 81 lP, Omitted
States Department of Agriculture). -
Potatoes, SO carloads: on track. 304
total U. S. shipn,ents. 305: supplies
heavy. practically NO trading: msriset
yery dull; Kansas and Missouri Cob
b,ers, neatly all kinds showing slight 10
heavy decay. Operators asking 35-75
cents according to condition. Too few
sales to quote.
Evening star., 1932-07-21
Markets at a Glance

NEW YORK, July 81 Up).-Stocks
flrn: tobaccos and food shares advance
Bonds firm; Germens rally Curb firm;
Aluminium of America rises briskly.
Foreign exchanges irregular; Canadian
dollar strong. Cotton lower: favorable
weather: cooperative selling. Sugar
.ower; more liberal spot offerings. Cof-
fee higher; steady spot market.
CHICAGO. July 81 Cp) Wheat
barely steady; cooler weather North
west; disappointing foreign markets.
Ccrn barely steady; excellent crop ad-
vices parts Of Kansas. Cattle steady to
higher. Hogs active and higher.
Evening star., 1932-07-21
New York Cotton

Special Dispatch TO The Star.
NEW YORK. July 21-Under favor
able weather conditions in virtually all
sections of the South, prices On the
Cotton Exchange today eased off slight
" and closed to 5 points lower than
yesterday. An improvement in the
stock market helped maintain prices
within narrow range. Spots were
reduced 5 points to SIS.
Cotton range:
Evening star., 1932-07-21
PARIS BOURSE PRICES.

PARIS, July 81 @.-Three per cent
rentes, 80 francs 95 centimes. Five
per cent loan, 100 francs
Exchange on London, 80 francs 96
centimes. The dollar was quoted at Is
francs 5212 centines
Evening star., 1932-07-21
U. S. TREASURY BALANCE
BY the Associated Pres.

By the ASS0cIateQ PTeSS.
Treasury receipts for July 10 were
S3727, ,230S2; expenditures. S11.138,-
5S9. "a; balance, $211, ,396, ,11o47; custom
duties for 10 days Of July $40, ,8s5, ,697 .27.
Evening star., 1932-07-21
SILVER QUOTATIONS.

NEW YORK. July 81 CP)-Ncon sill
yer futures quiet: sales, $4,000 ounces
July. Pills bid: September. 27.33 bid; ;
October. 2745-55; December, 27.70-80:
January, 27.82-g3.
Evening star., 1932-07-21
Washington Stock Exchange

SALES.
Capital Traction $500 at $751;
AFTER CALL.
Washington Gas IS "B'-$l00 at 99l4
Potomac Electric g. pfd.-10 at 1915.
Bid and Asked Prices.
nnNnS
Evening star., 1932-07-21

Dividend rates In dollars based on last
olyidend. tPartly. extra :Plus AZ in stock
Payable in cash or stock. Payable in
Stock adjustment dividend. fPlus So
IN stnch. g Plus fra in stock. Plus II
IN stock Plus q. in stock < Plus 10fo
IN stocE m P7us 81 in stock Plus 81 In
Evening star., 1932-07-21
BONDS.
nY1RIIH nTH ITX
STOCKS.
PUBLIC UTILITY.

Amer. Tel. & Tel (9 ........ 74i4 -.
Capital Traction Co. lD..-.... g
Wash. Gas Light Co. I8)....... so 55
Norfolk & Wash Stmbt. 12) los 155
Poi El<c Power So pfd ...... 1852 lg8
Pot Elec Power 5i2E pfd 80. 1922 l94
Wash Rwy. Elec. CON. a.. 200 $50
Wash Rwy Eec pfd g.. I'll. 30
The following fisures not bids. but
mercy represent minimum prices dxed by
the washington Stock Exchange.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1932-09-02
International Harvester
Prepares for Collections

The international Harvester
company has called all cOllec-
tors for this region to meet with
their collection director. d. p.
Callahan, at Wolf Point. Sunday,
Sept. a, for instructions as to
methods of procedure in the hard
boiled collection drive which
that corporation is about to
launch.
Farmers should make no set
Element with machine companies
sign no new papers of any sort,
without first cOnsulting@with the
local committee of Action of the
United Farmers League. In
case collectors are tough order
them off the place and notify
Rodney Salisbury, state Organi-
ger of u. F. L. for Montana so
he can notify the flying squad
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1932-09-02
DEFUNCT BULL BANK
TO PAY DIVIDEND

The defunct Bull bank, the
Farmers and Merchants State bank
of Plentywood, which closed its
doors July 10, 1881, is now paying
its second dividend of five per
cent. The Westby bank is also
paying another dividend. These
dividends will come in handy just
at this time.
+ w. F. Fellows, hquidating agent
of both the Plentywood and West
by banks, reports to the Producers
News, that D. M. Robertson, state
superintendent of banks authorized
the Plentywood dividend August
%, and the Westby divident Aug
ust 25. This makes 10 per cent
dividend at Plentywood paid anC
20 per cent at Westby. Depositori
can secure their dividends by pre-
senting their certificate of allow
ance to Liquidating Agent Eel
lows at Plentywood.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1932-09-02
Register Before Sept. q to Vote Communist Nov. 8

Iowa the farmers are fighting in
order to get cent or two more
Tor their milk, they are blockading
the roads with railroad ties. They
are fighting for their wives and
babies and they are going to win
out. We farmers of Sheridan coun
ty will have to do something in the
same LINE, we will have-.to fight
for our land and our homes other
wise they will be taken away
from US. And 1 tell you how we
are going to do it.
First of all, you must elect a
full Communist ticket this fall.
Not one or two but the whole tic
ket. If you do that, then we have
a bunch of candidates lined up who
are going to make history of
Sheridan county. That bunch is
going to put up a fight for you,
not only do we want you to elect
them, but we want YOU to back
them up after they are elected.
Now then, how are we going to
solve the Land question? We are
going to do all we can to prevent
foreclosure, but we might not be
able to prevent the deed from
changing hands on the paper, but
that doesn't matter. What We wan
you to do: We want you to stay
right on the farm and keep farm
ing like you always did. Our sher
Tiff is not going to kick you off
you can depend on that, he is t.
protect you. He is not going t,
grab the Land Banks share from
YOU when harvest time comes.
If the Land Bank wants to hol,
the title to the land we are goinj
to make them mighty sick of il
We are going to make them pa
the taxes and make them plenty
high, if they don't pay then we
the county, is going to take tn
land away from them for take
and give it back to the farmel
The farmers have gotten out G
the habit of paying taxes so t.
them it makes no difference i
they are high or low.
: There are a lot of other thing
we are going to do, which l wi
tell you about some other tim
but don't forget that the Produ
ers News is fighting your figh
and it is up to you to support j
if it takes your last nickel.
!. order to do what we plan to {
we must keep up our paper. Pc
up your subscription.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1932-09-02

rather vote for red than support
some of the horse thieves on the
Economy League-Economy hell;
what about Carl and Dolly who
have shook the county down for
more than that outfit, and when l
offer to do the work there alone,
they put over these two payroll
teaches against me-" s4- ~
Independent Ticket
And now there is going to be
an independent ticket. Almost a
full ticket it seems. Arthur Erick-
son, they say will file for county
attorney. Independent Albert Kol-
man has already filed Independent
for county assessor, and en-. Fish
beck is reported as considering the
proposition of filing independent
for clerk of court against Carl and
Dolly. "Bob' Smith has his pc
tition out for sheriff. 1t looks as
if there would be a complete ticket
in the field. There is some ru-
mors that Frank French may run
Independent for county commits
sioner. Some think that in a three
cornered race French would have
a chance, anyway that is the way
some of the dopsters dope, tho it
seems to the Reds that this indie
dependent ticket makes their vic
tory sure. However, the reds wan
to win by a clear majority and il
what they all are counting on Gun
findently.
And now the Liberty party i
getting busy. That party is figur
ing to nominate part of ticke
and endorse candidates on tn
other tickets-these they think O /
It's a funny scheme, however il
will add to the excitement of tn
campaign.
Oh. Yes
And oh, yes! Burley Bowler
King Georges object f Scobey,
going to be the publicity man fo
the Economy Leaguers; he is no
going to say. so much about Fran.
French anv more. He is going
harp about Carl Hansen with til
idea of beating Magnus DAME
son for commissioner. lie think
, this idea will win # h. can kee
Harry Folks candidate sober a
the ladies aid meetings, and Har1
! himself chasing chickens in Mort
Dakota.
And Yes Yes. Yes
Sen. Fishbeck will handle tn
). Republican campaign key - al
e Folks paper may not do so we
: Too bad.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1932-09-02
Rambling Among
Farmers Of County

had thought that Coin Harvey
was going to lead them out of the
mess, but now the old fellow has
kind of evaporated and they don't
know just where he is at, his party
has split up in three different
ways, and electing three pres1-
dents is more than most of them
dare to tackle, so they are kind OF
giving that uD.
Then there are the Communists,
but the Communists are such a
bad lot of people, they will shoot
the old people instead of feeding
them, they will take the babies
away from the mothers and even
eat them, and they don't like the
idea of having their babies eaten
up by Carl Hansen, Magnus Dan
ielsen or Chas. E. Taylor. And the
Communists are going to take the
homes away from the people and
make them live on the bare prairie
just like the Indians did and just
like the Federal Land Bank is go
ing to do, and that is not going to
be so funny either. Then there is
the churches, they are going to be
taken away too. Gonius Laursen,
he is a good church member now,
but as soon as he is elected he will
be going around burning all the
churches and that isn't fair. The
Communists are against war, and a
good war is the only thing that
will bring wheat up to a dollar a
bushel, that dollar is what they
all need, need it worse than they
ever did before.
In spite of all the bunk the
farmers have been told about the
Communists, the farmers are go
ing to vote the ticket straight this
fall as their only way out. They
! are getting desperate. Many who
never voted anything "Red" be-
! fore are going to do it now. They
! know what the old system has
: brought them to, they see that this
7 profit system has got to a point
where it can no longer function,
and it is surprising how intelligent
many farmers can talk on these
! pxoblems, they are so far ahead
y ! of the town speople that there is
= no comparison.
Then you run across a farmer
! once in a while who thinks he is
y smarter than the rest of them, hi
= don't like the Producers News, hs
y wont have it in his house, because
q it has said something bad about E
= Powers Powers is the bis
:, banker in Medicine Lake, who kline
", of busted up the bank a Will,
- back, but people were good to Ed
= they let him open up again an,
l. gave him chance to eat up som
~ more of their money. Now he
~ ~ out collecting among the farmers
+, but when it comes to paying Id
- own bills then Ed. is hard boiled
,is He owes the Producers News 70
- a couple of years subscription, bu
~ Ed. absolutely refuses to pay. =
~ is like any other banker, he take
- - all he can get and keeps it, ths
. somebody else is entitled to a liz
Iv ing doesn't interest him. And 20
is can still find farmers, as poor q
on poor can be, who are still stickin
81 up for Ed, the banker, but thel
ey are not many of them, and the
lare not very intelligent either.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1932-09-02

The old Economy League brig
is on the rocks with its ribs stove
in-an irreparable wreck.
The Collins Polk-Bennet crew
just can't get the skow floating, do
their damdest, which they sure are
doing, but old Economy League"
just cleave sto the rocks like grim
death to Niger Oscar Collins
can't make the old ways work.
Harry Polk, the erstwhile Bowbells
professor and seducer of little
school girls, has deserted the junk
and returned to North Dakota,
Jack Bennett, wild about the Reds
just tears his hair about the bark,
running fore and aft, cursing
and roaring trying to get her into
deep water where she can sink,
but she just wont bulge. The crew
is in a mutiny and curse one an
Iother. The Republicans are on the
war path, even dance about the
old wreck, issue blood-curdling
war-hoops, and brandish the toma-
hawks aloft, their scalping knives
as sharp as razors, so Oscar, nor
Harry, nor Jack dare go ashore.
The Collins, Polk, Bennett pack
brought their cook, Burley Bowler
the canadian refugee of Scobey
kingfish of the Daniels county
whiskey ring and dashing gambler
on deck to make fearful faces al
the bowling siwashes but that las
resort also failed.
The war still RACES, and Chic
: French crashes his teeth in rage
Old Warrior Fishbeck leaps int,
the air and emits blood curdling
! screams, the enemy of the youn,
\ feathers. Bad medicine, bad In
y dams. They are after the scalp
of Harry's man on string Olson
of Sheriff Madsen, of Carl and
Dolly, and of the old "hos rancher
himself, Bennett of Redstone, tn
S postmaster of Plentywood.
Handsome Harry, the chicke
chaser, is in all sorts of trouble
over his printing contract. H
thought he could violate the law
of the state of Montana and &c
away with it as he does over
North Dakota, but he run afore
snag in the shape of a couple G
county commissioners whom
could not ''honnyswaggle" like
does the school girls; they jus
cancelled his printing contra,
fright off the bat''. And the ma
, ter is now in the courts. If tt
: chicken lover loses out, of cour,
= he will let the old Economy Leagl
| break up on the rocks, for Harl
r just wont be interested.
7 They say Joe Dolin and Frar
: French are sticking the knife of r
D venge for double crossing into Il
; back of Hans Madsen, so effe,
lively that when the votes a
counted next fall, his red brothe
in-law, Hans Hardersen, the Coz
munist candidate, will have plen
of them. This makes old Csc
lie, Collins look glum. Bad luck ju
nd trails Oscar. Whiskey and bu
ed bets follow Oscar like an evil e!
ill and ingratitude turns to devo
Y him. He may not be undersher
~ after January 1, as he has set ]
ty. heart. Of course, Sheriff Hal
ou don't say a word about Oscar,
to keeps that quiet, for he knows IL
If Oscar is not so hot as an ass
he in fact, if it were admitted, wol
ct cost him just a bale of votes, q
I'VE Franc hurry would be out wi
We his ak, like Bob Smith. But Sh
iff Hans has just got to h;
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1932-09-02

CxsEE;I:IssE:sEs:E saEsTEsEa