davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-02-21
Business Notes
By the Associated Press.

BY the Associate Press.
NEW YORK, February 2O.-Wall
Street, meaning by that term, the banks,
security and commodity exchanges. will
transact no business on Monday, Wash
1ngton's birthday. Since it Is a ma
tional holiday, the suspension of busi-
ness by banks and exchanges will be
fairly general throughout the Nation.
although the Chicago Live Stock EX-
change will operate.
The new S. par common stock of the
Electric Bond & Share CO. has been
admitted to trading on the New York
Curb Exchange en- a when issued"
basis. This stock will be issued for the
present shares on the basis of one share
Of the new for three OF the old, if stock
holders approve of the proposal
Harold Smith, a vice president Of the
Westinghouse Electric 81 Manufacturing
Co., has been elected director of the
Radio Corporation of America, succeed
ing the late H. P. Davis.
Due to active sales campaigns by the
American Telephone d Telegraph Co.
and the Western Union Telegraph Co.,
more than 10000 new users of teletype
machines have been signed up in the
last three months, it was reported in
Wall Street today. American Telephone
& Telegraph is said to have approXi-
mately $500 instruments in service,
against about 1880 for Western Union
and Postal Telegraph. The telegraph
companies are working on a reciprocal
basis in the operation of their instru-
ments.
The declining trend of bank suspen-
sions since the first week of the year
Is indicated by the comparatively small
number of suspensions recorded in the
past three weeks, says the American
Banker. There were "a suspensions in
the past week, compared with % in the
preceding week and high of 101 in
the week ended January 81. Reopening
continued strong. the figure of - for
the past week comparing with in the
previous week.
Standard Statistics Co. reports 63 un-
favorable dividend changes in the past
week, compared with 81 in the previous
week. Favorable revisions numbered
IA, contrasted with 3.
Collateral. consisting Of notes and
securities of the several Subsidiaries of
the Tri-Utilities Cooperation, will be
publicly auctioned next Thursday at the
request of the Chase National Bank of
New York and the Central Hanover
Bank g. Trust Co, holders OF the COL
lateral. it was announced today. The
Tri-Utilities Corporation is in receiver
ship.
The Chase National Bank of New
York has received from the Common
wealth of Australia funds for the semi
annual interest on the New South Wales
external 30-year 5 per cent bonds of
1857, due on February l. it was an
nounced today. The bank also received
s120,204 for purchase of the bonds for
the sinking fund.
Evening star., 1932-02-21

with 1926: Denmark, with 1898; Italy,
with BLOT; Ireland, with 30.77; the
Saar district, with 28.57: Luxembourg,
with 1909; Czechoslovakia, with 1886;
Holland, with 1855; Belgium, with
1887. and Great Britain, with q
shrinkage of 900 per cent.
Gains we're recorded by two coun-
tries, Switzerland and France, the ap-
preciation amounting to 238 and 2.16
per cent, respectively.
Despite the criticism directed against
foreign investments and the much
maligned foreign bond, it would seem
that, taking all factors into considera-
ton, the American investor in European
loans, on the whole. has Jared rather
well.
Latin American Losses.
His colleague holding Latin American
issues cannot point to the same rela-
lively satisfactory experience. Whether
this is due to Irregularities. actual or
alleged. in connection with Latin
American loan deals, which, as rule,
do not exist in European financial
transactions, one may only surmise.
Evening star., 1932-02-21
1881 RAIL FREIGHT
TRAFFIC IS REDUCED
$40, 14S, ,0S1 900 Net Ton Miles Re-
ported for Year Is 10 Per Cent
Below 1880 Mark.

Freight traffic handled in 1891 by
the railroads of this country measured
In net ton miles (the number of tons
OF freight multiplied by the distance
carried) totaled $40. 148 OBJ 900 net ton
miles. according to complete reports for
the year lust received by the Bureau of
Railway Economics.
This was reduction Of 81 s84 $40 600
net ton miles, or 1874 per cent under
that for 1880. and reduction of 49,
l65.34l 900 net ton miles, or 800 Der
cent under that for 1929. This reduc-
tton in the amount Of freight traffic
handled during the past year resulted
in large part from business conditions
that existed in 1881.
In the Eastern district there was a
reduction Of 1875 per cent in the amount
OF freight handled in 1881 compared
with 1880, while the Southern district
reported reduction Of 1874 per cent
and the Western district reported a re-
duction of 2o6 per cent.
Evening star., 1932-02-21
Commodity Price
Trends of Week
BY HI. n. McGHL.

AUBURNDALE Mass. February 20
LPt.-Fcr the first time since the first
week Of January the McGin commod-
tty index failed to decline
The index Of all commodities re-
mained exactly the same as in the
previous week. A more favorable status
is shown in the individual groups,
however. by the fact that only four
were lower. while six were higher and
four remained the same
The downward trend in prices was
halted through the new DEVELOPMENTS
in the economic situation which NAV
have far-reaching effects The admin
istration Is engaged in putt ng plans
into effect to halt def1ation. Foreign
financial troubles spread uncertainty
in this country. causing bank runs
failures. boarding, and have resulted in
further lowering of business activity and
constantly falling commodity prices.
The Reconstruction Finance Cor
poratlon was the first step in the fight
against these adverse factors. Now
follows the Glass -Steaeall bill. which
Is designed to broaden the rediscount
provisions and to enable Government
securities to be used as collateral for
Federal Reserve notes and releasing at
least billion dollars in free gold.
SUfilITOQltN anu security markets
Immediately responded to this measure
Artificial measures and influences ap-
piled to economic conditions have not
generally been successful and while
there is some question as to the ulti-
mate beneficial effect Of the steps now
being taken. yet temporarily, at least,
commodity prices are bound to be af-
fected.
Industrial prices are also favorably
affected in spite of the fact that there
are no indications OF any change In in
dustrial activity. Prices have receded
to such low levels that they are af-
fected in many instances by any de-
velopment that has a possibility of ul-
timately being of benefit to an i'm
provement in conditions.
Fuels, non-ferrous metals. paint ma
terials and textiles were higher, while
hides and leather. buildings chemicals
and ferrous metals were lower than
the previous week Chemicals, paper
and pulp and vegetable oils remained
the same.
Agricultural prices were favorably
affected and under the leadership of
wheat. which made a new high. re-
corded the most substantial upturn
since the middle Of December
Most important price changes in the
McGin weekly commodity price in
dices, 1926-100.
Evening star., 1932-02-21
Hudson Omits Dividend.

NEW YORK. February % (P)-Di-
rectors of Hudson Motor Car Co. to-
day omitted the dividend of 25 cents
due at this time.
believing it to be in the best inter-
est of the stockholders to conserve its
present strong cash position" said
statement, "the company voted to dis
continue dividend payments
Since April Of last year quarterly
divi ENDS of Is cents had been paid.
Prfof to that time the stock was on q
S3 annual basis.
Evening star., 1932-02-21
Trade Trends
BY the Associated Press.

BY the Associated Press.
Construction-Valua of heavy
engineering contract awards for the
week just ended reached total double
that of the preceding week, the Engi-
neering News-Record reports. The to-
tai for the week is set at 1880 600
against $1O,656.0GO for the previous
week and S49939,00o for the corre-
spending week last year.
COpper.-While many of the COM
modify markets felt the stimulus of the
weeks constructive developments in the
credit situation, the copper market re-
manned unaffected, both as to prices
and buying volume. Due to the apathy
of consumers, secondhand copper has
again appeared at 6 cents pound, ac-
cording to trade reports This compares
with an official selling price of GA
cents, delivered, to the end of June.
Export prices continue at 65s cents.
Raw Silk.-WeaknesS in japanese
ven exchange and hedge selling were
the principal factors in decline of 3
to cents a pound in raw silk con-
tracts on the National Raw Silk Ex-
change. Inc, at the week end. The
semi monthly statistics revealed de-
cline of 10000 bales in the stock posi-
ton of raw silk in japanese export mar
kets which now stands at $4,000 bales
compared with 143 600 bales year ago.
Exports from Japan during the first
half of the month were 1926 bales,
the largest for any half month since
December. 1880.
Steel-The announcement of the
Ford Motor Co.'S plan for early volume
production on new and existing models
apparently has been as Disappointing
as source of steel buying as was the
railroad wage reduction agreement
few weeks ago. Leaders in the indus
try continue of the opinion that there
will be no large-Scale revival OF steel
demand until general business shows
signs of improving.
Zinc.-World production in January
totaled 8O,887 short tons, compared
with 8O714 in December and 1l4,033 in
January, 1881 Average daily output
in January came to 2,609 tons, against
1904 in December and 3,678 in the
same month last year.
Evening star., 1932-02-21
NEW YORK, February 20 (P).--Over-
market:
New York Clearing House.

NEW YORK, February 20 P).-The
weekly statement of the New York
clearing house shows:
Total surplus and undivided pronts,
s1.017,530.600, unchanged.
Total net demand deposits (average)
S27 1856, 900 decrease.
Time deposits (average). $9,5s4.o0o
decrease.
ClearinsX week ending today, $3,7l6.-
504,932.
Clearings week ending February Is
(f1ve days., $2,637, ,447, ,495.
Evening star., 1932-02-21
SUGAR MARKET.

NEW YORK, February 20 (SpeciaD. /.
The sugar futures market today was
a typical pre-holiday affair Interest
was lacking and trading was light. al
though the tone was steady. At the
opening prices were unchanged to l
point higher and they closed at the'
same level. IN the actual raw market
duty frees sold at 294, also unchanged
Evening star., 1932-02-21
NEW YORK COTTON.

NEW YORK, February 20 (P.-An
opening advance in the cotton market,
which carried the price Of May con-
tracts up to 7.18 or back to yester-
days best level, was followed by re-
actions under Southern selling and
realizing for over the week and holiday.
May eased OF to 7.12, while october
declined from 7.58 to 748, with the
market closing barely steady net point
higher to 5 points lower.
Evening star., 1932-02-21

largely discounts them now. Neverthe-
less, other manufacturers get q secret
thrill from the hope that Ford will test
some plan involving easier credit facil-
tiles. They will be glad to zee them
tested-by some one else.
(Copyright, 1881
Evening star., 1932-02-21

Continued From First Page)
position. OF q total of $4,000, 900
sold, only l per cent is left.
If Russia were in earnest, which she
apparently is not, about honoring In
ternational engagements, $4,000 is all
that she would require, theoretically at
least, to free herself of her dollar
debt owing American investors.
Hungary is next, with shrinkage OF
Evening star., 1932-02-21

Falling - feet from Tower Bridge
into the Thsmes ut London, q woman
was rescued uninjured by q launch.
Evening star., 1932-02-21

81. 6A4 Zone Prod Corp Cd 194 644 7A
Dividend the above
based halfyeary declarations
'Exevdend Unit OF trading less than 100 Partly
Plus Paid this regular
Payable In cash stock Plus 80 in stock Plus 2 in
preferred
m Paid last regular Plus Sc. Plus
21az
Evening star., 1932-02-21
NEW YORK BANK STOCKS

NEW YORK. February 20 (P).-Over-
the-counter market:
Evening star., 1932-02-21
INVESTMENT IN
EUROPEAN BONDS
PROVES GOOD

Continued From First Page.)
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-03-24
YearsAgo inLibby

(From the file of the Western News
Of March q, 1907
The governor has signed the bill ap-
propriating $500 for the construction
of fish ladder at Kootenai Falls and
the work is to be completed by August
l of this year.
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-03-24

tiful and useful gifts. Delicious re-
freshrnents. in keeping with st.
Patrick's day, were served.
Everyone is cordially invited to the
Easter program which the Sunday
School will give Sunday morning at
1890 at the school house There will
be special music by some Of the grown
ups and Rev. Simpson will bring a
brief message.
At a congregational meeting OF the
Fortine Community church last Sun
day, set Of bylaws was adopted and
the following officers elected: trustees,
Mrs. Alvin Curtis, Mrs. Ada Hellenga
and John Atkinson; stewards, F, D.
Armstrong, Mrs Asa Curtis and Mrs.
H. P. Weydemeyer; secretary-treas-
urer, John Atkinson A meeting will
be held on April to consider any
building plans which the trustees may
have to offer.
Miss Blanche McManus spent last
weekend in Eureka
Miss Gertrude Zawadke spent last
weekend at her home in Libby.
Miss Rhea Cellar has been i'll with
the flu and was forced to miss sew
eral days of high school,
Clarence Winkley has bought the old
Kinshella camp school house and is
wrecking it in order to use the build
ing material
Bert Wilkie was i'll Monday and
Mr.. Jensen drove the school bus in
his stead.
Tom Wilkie of Lupfer visited in
Fortine over Sunday.
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-03-24

tend the meeting of the county COM
nlssioners.
Mr. and Mrs M |. Davis spent
Wednesday with their son Morris and
family.
Mrs. H. ]. Fowler and Mrs. Hubert
Beebe were guests at the c. E. Gil
bertson home last Tuesday and
Wednesday.
Penrod Davis spent Saturday and
Sunday with Mr. and Mrs Homer
Davis.
Little Joyce Farrell, daughter of Mr.
and Mrs. Bud Farrell. is staying with
Mrs. Rex Fleming while her mother
is in town.
Mr.. and Mrs. Morris Davis and Dor
othy spent Friday and Saturday with
Mr.. and Mrs M |. Davis
Little Pat Owens came up on the
stage last Tuesday to spend few days
with his cousins, Raymond and Marie
Shelley.
Mr.. and Mrs NJ E. Davis and Dor
othy visited Friday evening with Mr..
and Mrs. Eugene Scott.
Mr. and Mrs. Hubert Beebe and
Kyle Beebe entertained Mr.. and Mrs.
Harvey Shelley and daughter Edith,
Mrs. Brown and Miss Viola Brown at
their home Saturday evening and Sum
day.
Willard Orr spent Sunday with
Ernest and Penrod Davis.
William Lang is bringing his cattle
home this week from Pleasant Valley
where he has been feeding them this
winter
Edwin Manicke and Bud Shelley
visited Sunday at the Hubert Beebe
home.
Mr. and Mrs. Carl Gilbertson went
over to Kalispell Sunday being called
there by the serious illness of Mr.. Gil
bertson's sister, Mrs. A. K Tolleffson.
Mrs. Gilbertson will remain there for
some time.
George Koebel turned some of his
cattle on the range Monday.
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-03-24

giving their house, where the Buhmil-
lers live, real spring cleaning Of
paint and kalsomine.
Mr. and Mrs. Vern Peltier and Bub-
bles motored to Kalispell Wednesday,
Vernice Douglas hiked to their ranch
at Rexford Sunday.
G. c. Bolts, special auditor for the
Continental Oil Co. of Great Falls was
in town Monday and Tuesday.
Mrs. Hilie Workman, and daughter
visiter her parents at Stonehill Sun
day.
The county road crew have not been
working because of the mud.
Miss Inez Ratekin, county librarian
of Libby, spent several days, the first
of the week in Eureka.
G. W. Day has purchased the A. II.
Campbell property which joins his
home near the High School.
Miss Irene Cuff and Mrs. Edna
Campbell entertained large crowd
of their friends to a chicken dinner
after the dance Saturday night.
Geo. Davis is putting basement I'M
der the restaurant building.
E. E. Jaqueth was in Eureka on
business Saturday
Mrs. Andy Omen was helping at the
Davis Restaurant last week
Wesley Nelson of the Montana STAN
dard of Butte was at the Montana
Hotel Saturday.
Mr. and Mrs. Joe Peltier were called
to Wallace, Ida by the illness Of their
daughter (Velma), Mrs Thomas Hale.
Mr.. and Mrs. Peltier left on No. n
Sunday.
Mrs Pete Wood and children have
moved to Stonehill and are living with
her parents, MIR. and Mrs. Tom Moore
Mr.. and Mrs. j c. Slater of Kalis-
pell were in town Saturday.
Don Kennedy has returned to Eu-
reka after spending several weeks in
Libby looking after the Glen Lake
ditch business.
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-03-24
Fortine News Notes

c. r. Mace drove to Kalispell las,
Thursday.
Miss Harriet Winkley spent few
days last week with her sister Helen
in Eureka.
Mrs. Mary Hatfield, teacher, Of the
Sheldon school, spent the weekend
here with Mr. and Mrs. Len Rein
wand
The flu has become an epidemic in
this neighborhood Nearly all of last
weeks sufferers are up again except
Junior Klinke for whom doctor was
called on Sunday. Mrs Ed. Leonard
is the latest victim.
Jack Winkley, accompanied by the
Waller brothers Of Eureka, left last
week for Pleasant Valley where they
will stay at the Belts ranch for time
and do some trapping
The Fortine Players, who put on the
play for the Farmers club at Eureka
last Saturday, gathered at the Wey-
demeyer home on Friday evening
where they spent pleasant evening.
Visiting and cards were the amuse-
ment Of the evening. Refreshments
were served The party numbered fiji
teen.
Mrs. John Wilke, a recent bride,
was honored with a miscellaneous
shower last Thursday afternoon at the
home Of Mrs. Henry Beaulaurier, Mrs.
G. A. Jensen and Mrs. Fred itch
bourne being the hostesses. About 20
ladies were present The bride was the
recipient Of a large number Of beau
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-03-24

c. 0. Daig and w. G. Manspeaker
mining men of Moscow, Ida. were ir
Libby on Sunday to make an exami-
nation of the Victor Empire property.
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-03-24
Eureka Locals
Continued from page q

4 =
The Eureka Rifle Club shot match
with Hamilton Wednesday evening
Ray and Richard Waller and Jack
Winkley left for Pleasant Valley for
vacation on the Belts ranch.
l.. w. Fetterly and Bob made bust
ness trip to Fortine Tuesday morn
ing. They found the roads in better
shape than they expected
Jess Ross will move the pontoons
from Gateway to Ural He will also
repair them.
Mr.. and Mrs. c. L. Weber motored
to Kalispell Tuesday.
AL Eberth has been hired by the
Woman's club to build a gravel walk
from the street to, and around the
monument, about nine feet from the
base of the stone. Mr.. Frank Thomas
will build the gate at the entrance
to the park
Z. M Preston will leave Friday on
a business trip to Kalispell.
O. A. Roholt had the misfortune to
break the rear axle OF his car Tues
day. But Mike says he enjoys hiking
in the springtime.
DR.. Walters was called to hexioTu
Wednesday to see Grandpa Collar.
Mr.. and Mrs. l.. W.. Fetterly were
dinner guests at the Carl West home in
Rexford Wednesday evening.
Mr.. and Mrs. Frank Slick Of Pink
ham were shopping in Eureka Tues
day.
James Leary went to Libby on BUSH
ness Thursday
George Long and Bob Fetterly COL
lege students at Missoula are home for
the spring quarter vacation.
Hubert Kramer left Friday for Kali
ispell and Great Falls
Mrs. 7. v. Lundin was guest OF
Mrs. VIM. Ellis for dinner Monday.
Mr.. and Mrs. Geo. Hanford have
moved from Mrs. Lundin's ranch into
town
MIR. and Mrs. John Lingrin have been
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-03-24
Warland News

Mrs Bess Midyett was unable to
hold school Tuesday on account OF a
slight attack of flu.
Mrs. James MacMurry and Wilma
Jean are making their home with Mr..
and Mrs r. L. Hess. Mrs. MacMurray
is Mrs. Hess niece.
A large crowd attended the dance
Saturday night. !,
Gus Strom plans to leave this week
for Spokane where he will be en-
ploved with lumber company.
Ben Franco has returned to his work
as section foreman after spending sew
eral weeks at Hot Springs. Friends are
glad to know he is much improved in
health.
MIR. and Mrs Jim Dodson plan on
leaving for Canada April LIST.
Gus Strom visited at the Amends
Sunday evening
Ed. Woodward was taken suddenly
i'll Saturday evening at the dance.
Friends removed him to his home.
]. w. Scott is practicing for the sum-
mer boat races.
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-03-24

The Libby Chamber of Commerce
ordered the printing of 1000 pamphlets
descriptive of the Libby district.
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-03-24
McCinnis Meadows

Mr. and Mrs M T. Davis visited last
Tuesday afternoon with Mr.. and Mrs.
G. E. Gilbertson-
Mr.. and Mrs. Bud Farrell went into
Libby the last Of the week.
Donald Lloyd, Mr.. Anderson, Lloyd
Bower, William Lloyd and Hubert
Beebe drove to Libby Saturday to at
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-03-24

Mrs. Mohondro will have her millin
cry opening next Monday.
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-03-24

one half teaspoonful of Kruschen Salts
in glass of hot water in the morning.
But be sure to get Kruschen--your
health comes first-a bottle that will
last you weeks costs but few cents
at the Public Drug Store or any drug
store in the world--if not satisfied
money back.
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-03-24

Miss Helen Trip of Eureka was a
caller at the Margie Hammond home
Sunday.
Bill Schultz went in to Whitefish
Saturday for few days.
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-03-24
Fat Men

Mr.. w. r. Daniels Of Richmond Hill,
N. r., writes. Have finished my sec
ond bottle of Kruschen Salts-resulta
removed 3 inches from the waist
line-am $50 more active--mind Is
clear-skin eruptions have disappeared
Am 46 years old-feel 20 years
younger"
To lose fat surely and SAFELY, take
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-03-24

John Davis has purchased the Holm
logging outfit and has a crew Of men
at work putting in logs for the Bon
ners Ferry Lumber company.
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-03-24

The Libby Chamber of Commerce
ordered the printing of 1900 pamphlets
descriptive of the Libby district
J. J. Hubbard, manager of the Silver
Crown mine, says he has force of
six men at work and they are driving
tunnel to get under a shoot of ore
which is exposed in the upper tunnel
The upper tunnel is in $50 feet and
ore is exposed practically the entire
distance
Mr. and Mrs. A. <. Ritter have ar
rived in Libby from Spokane.
Samuel Michaels returned to Libby
last week and left on Tuesday for the
John Davis ranch.
Miss Ethel Dawson. who has been
very i'll for some time, is now much
better and able to sit up.
A. G. Beager has been appointed
constable of Libby precinct in place Of
W. S. Mcguire, resigned.
John Davis has purchased the Holm
logging outfit and has crew of men
at work putting in logs for the Bon
ners Ferry Lumber company.
Mrs. Mohondro will have her millin-
cry opening next Monday.
c. O. Daig and W. G. Manspeakcr,
mining men of Moscow, Ida, were in
Libby on Sunday to make an exami-
nation of the Victor Empire property
Mr. and Mrs. 3. G. Kinney arrived
in Libby on Sunday from Kalispell
and will make this their future home
Mr.. Kinney will have charge Of the
Kootenai national forest and part Of
the recently created Cabinet national
forest