davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-05-25
STOCK PRICES SLIP
TO NEW LOW MARI
Utilities, Tobacco and Foot
Issues Are Again Sold
Freely.
BY GEORGE T. HUGHES.
Special Dispatch to The Star.

Special Dispatch to The Star
NEW YORK, May 25.-To the ac-
compartment Of slightly more active
trading, stocks today extended their
declines into new low ground for the
bear market.
Many Of the losses were only frac-
tional, few issues were well supported
and the market was at all times an
orderly affair, but supply was in excess
OF demand and the liquidation was ef-
fected only at concessions
Selling in the last hour was most in
sistent in Atchison Reynolds Tobacco
B, Chrysler Motors and North Ameri-
can Co., but during the course Of the
session record lows were established for
representative issues in all groups.
The foreign exchanges moved against
the dollar, except only the Belgian.
Gullders were up 10 points
1t was the lack Of resistance shown
yesterday that brought in the overnight
selling orders this morning. The turn
over in the first half hour was 300 600
shares, the largest for the period In anv
session this month, and prices slipped
on all along the line. AS YESTERDAY the
utilities, the tobaccos and the food
stocks led the downward movement, but
there was marked weakness in the rails
as well. The rails had been under pres
sure only in the closing dealings yes
terday. Miscellaneous industrials held
better
The list Of new lows in the utility
group was long che. 1t included Con-
solidated Gas, North American Co,
United Gas improvement. Southern
California Edison and Pacific Lighting
among others. In the railway list new
lows were made by such important issues
as Atchison, Union Pacific, Norfolk &
Western, Pennsylvania, Reading. North
ern Pacific and Canadian Pacific.
Union Pacific sold under 80, Pennsyl-
vania under 8, Canadian Pacific under
8, while Norfolk g. Western broke 2
points before noon. Railway earning
statements, however, included a few
in which net for April exceeded net for
that month a year ago Reading. for
instance, reported S922609 this year
against s460,1l3 a year ago This
ability to translate decreased gross into
increased net was Offset as a market
factor by the steady decline in car
loadings
Tobacco and food stocks were lioui-
dated in large blocks All the tobacco
stocks made new lows early in the day
except Reynolds, and that sold around
its old low. The American Tobacco
issues were especially weak
Evening star., 1932-05-25

SecurltleS commit
tee offers two def
mite programs for
local tax relief and
the solution of
municipal finance
problems. Munich
palities are urged
to adopt these five
working principles:
/. Adoption OF
budgets embodylng
reduction of oper-
ating costs, based
on the ability OF
the community to
pay.
2. Periodic re-
view, during the
year, of tax collec-
tiOnS TO he follow
Evening star., 1932-05-25

SILVER QUOTATIONS.
NEW YORK, May Is (P.-Bar silver
6rmer land u higher at 277a.
Evening star., 1932-05-25
Currency Study Undertaken.

NEW YORK, May 25 LPD.-A special
study Of currency problems has been
undertaken by the American Manufac-
turers' Export Association in an effort
to lessen some of the uncertainties of
the foreign exchange situation. The
association is represented as believing
that exporters cannot avail themselves
OF the facilities of the Reconstruction
Finance Corporation until the foreign
exchange situatisn is rendered less in
volved
Evening star., 1932-05-25
Bankruptcy Reform Law Urged.

Representative Malcolm Baldridge Of
Nebraska will address the National Re-
tail Credit Convention on his bank
rlptcy reform act now pending in Con-
gress. on June %, at the Mayf1oWer.
Bankruptcy reform will be featured
part of the convention, which will be
in session June 20-24.
There is a strong feeling among re-
tailerS in connection with the present
American bankruptcy act, enacted In
1898, when 80 per cent OF the retail
business was on a cash basis. Now that
over so per cent is on credit basis
the retailer feels that he is not prop
erly protected. The present bankruptcy
reform movement is due also to the fact
that retailers are now nationally Or
ganized and can make their views
known and felt, something that was i'm
possible in 1898, association members say.
There are 1,250,000 or more reailers
in the United States, exclusive of the
chain stores, Who suffer from individual
insolvencies Approximately twenty-five
billions of dollars of the flfty-three bill
lion annual turnover of the retailers IS
open account or lnStallment sales, some
times termed consumer credit" The
bad debt loss from these retail sales Is
estimated by credit leaders as between
$500000,00 and $1,000, 900, 900 annually.
Representative Baldridge in private
life is connected with commercial law
firm. Henry J. Allen, aid to Gen. Dawes
of the Reconstruction Finance Corpora
ton, and former Governor of Kansas,
will also address the credit association.
Evening star., 1932-05-25

Sales Of Stocks on New York Exehapxa
io.sU n........ 50O0OO 200 Noon. .... 500 OOO
1870 PM........ 100000 2:l0 PN I 0O0o oo"
,aes as given In the above are the annual
on Ine latest quarterly halyeary dcaratonx
.FIus SO
Payaoe stock cash
stock Plus 2 81 in psca, rI sx
Plus Sc 2I3 in stoci 'eA-no regular rate
Evening star., 1932-05-25
Today's Trading on Exchange.

Business on the Washington Stock
Exchange opened today with a $1,000
sale in Washington Gas Light IS, series
A. selling at 931l.
Washington Gas Light stock figured
in the sales today for the first time in
some weeks. Five 1O-share let's sold at
80. The last sale in this issue was maze
at &c. The market closed today with
80 bid and 85 asked. The company's
Commission was made a few days ago
and showed an excellent income. The
report for the first four months of the
present year was also highly gratifying.
Today's local exchange session closed
with four small sales in Potomac Elec-
trio Power 5l2 per cent preferred at
1921.
Evening star., 1932-05-25
Paw Roll Is Increased.

CHICAGO. May 25 (P).-The w. F.
Hall Printing Co. has added 300 en-
ployes in the last month and will en-
ploy 800 to 1000 more by July l for
catalogue work.
Evening star., 1932-05-25
LOCAL TAX RELIEF
PROGRAMS URGED
Investment Bankers Sug-
gest Solution to Municipal
Finance Problems.
BY EDWARD c. STONE.

Following the recent meeting of the
board of governors of the Investment
Bankers Association of America at
White Sulphur Springs, the Municipal
Evening star., 1932-05-25
new YORK BANK STOCKS

NEW YORK, May rs (P.-over-the-
Evening star., 1932-05-25
Load Building in Washington.

The quarterly letter of the president
of the North American Co, Edwin
Gruhl. says:
Potomac Electric Power Co. is CO.
operating with building contractors
and electrical dealers in another plan
which is expected to add to the COM
pany's residential electric load in Wash
lgton and vicinity. The plan, which
has already resulted in some sub
stantial installations, call for the plac-
ing in new houses and apartments of
complete electrical kitchen equipment,
including electric range, refrigerator,
dish washer, water heater, clock and
ventilating fan
1t is the first letter sent to stock
holders since Frank L. Dame give up
the presidency and became chairman
of the board. The letter states that the
practice of writing to shareholders
when they sell their stock, asking the
reasons why, has been continued since
1924. The personal correspondence
has been invaluable to the stockhold-
ers and the company in correcting un-
reliable information, the report says.
Financial District Notes.
In the death of James Hood, an
nounced today, the American Security
g. Trust Co. loses a director who had
served the company most ably for
many years.
John P. Lynch was unanimously
elected president of the District of Co.
lumbia Underwriters Association at a
meeting of the board of governors to-
day.
Local bankers, who are to attend the
annual convention of the American
Institute of Banking, will leave here
next Saturday for Los Angeles, going
from Buffalo on special train.
Evening star., 1932-05-25
FOREIGN EXCHANGES
Quotations furnished by " HIDES L CO..
Nominal gold Selling cheeks
First Mortgage Loans

Lowest Rates OF Interest and Commission
Thomas J. Fisher & Company, Inc.
La gaceta., 1932-05-26

tomovil, en- la noche del pasado
domingo, al nino Evelio Pages,
de IA amos.
Los presuntos criminales, por
negligencia Sc encuentran en- Ii
bertad bajo fianza.
La gaceta., 1932-05-26

hill para que pronuncie ell dis
curse de recuerdo.
La gaceta., 1932-05-26

sus deberes, con el fin de evitar-
les molestiaS y gastos. Bajo las
presentes condolences, 70 no
quiero aparecer como Indifferent
te o que no aprecio bien las cir
cunstancias, pero la situaci6n
del tesoro municipal hace impe-
rativo recurrir a medidas ener-
gicas.
Con estas palabras doy mi
dltimo aviso y espero que los
contribuyentes Sc acoian a las
disposiciones de la ley Gomez y
atiendan los requerimientos fis-
Gales de la ciudad. ST este no Sc
hace, inmediat&mente, sin per
dida de tempo, proceder6 a es-
tablecer pleitos de clausura."
La gaceta., 1932-05-26

A patici6n del abogado ST.. &c
lestino Vega, Jr. de esta ciudad,
fue aver sacado de I'm vapor, en-
Miami. ell ST.. Emilio Alfonso que
hace dias Sc marchara de aqui
l~levandose con 81 a Su hiio Pc
dro, de cinco amos. La custodia
del nino Sc habia confiado a la
madre por la corte del circuito,
en- un decreto firmado por ell
jueZ Robes.
Salieron aver en- busca de la
c%riatura, la Sra. Alfonso y el di-
putado del sheriff Abramovitz.
Aparece que los esposos Alon-
La gaceta., 1932-05-26


Manifesto aver ell DR.. j. R.
McEachern, jefe de sandal,
que todos los perros deben ser
inyectados contra la hidrofobia
o de 10 contrario seran reco-
gidos. Ell suero puede ser admi-
nistrado por I'm veterinario y ell
certificate de este cambiado
por las chapas de metal que sir
ven para identificar.
Todos los perros que sean en-
contrados sin chapas, seran re-
cogidos.
La gaceta., 1932-05-26
LIGA AMERICANA

Solo I'm desafio estaba sena-
lado para aver, con los Tigres Y
los Browns de contendientes, pc
no tuvo que suspenderse en- ell
tercer inning, a causa de la llu-
via.
La gaceta., 1932-05-26

Ell jlez del condado, Sr. Cor
nelius, ha senalado la fecha de
JUNO p para un juicio preli-
minar a los j6venes Ulisess
Byrd, de 10 amos, y Alton Cain,
de "a amos, a los cuales Sc acusa
de haber dado muerte con su au-
La gaceta., 1932-05-26

Ell pr6Ximo lunes sera inau-
gurado ell cementerio de la Le-
gi6n Americana, en- la carrete-
ia del monumento a los solda-
dos, con una impresionante ce-
remonia.
Las damas auxiliares de la
Legion, presididas por la Sra,
Saunders, vienen dirigiendo los
preparativos del acto.
Sc ha escogido al fiscal Park
La gaceta., 1932-05-26
NOThIAS DE-
INTFRES LOCAL

FL Puesto Tampa Mum. 5 de
la Legion Americana, acord6
anoche oponerse al Immediate
pago de los bonos a los vetera-
nos de la guerra mundial. Pro-
nunci0 un discurso en- contra. ell
ST.. Knowles, comandante de la
Legion en- ell estado. Habl6 a
favor ell CONCEAL Don Thomp-
son.
La gaceta., 1932-05-26

Baio la acusaci6n de operar
dos alambiques fuG aver encar-
celado, por no haber podido pres
tar fianza de $1,000, Ell ciudada
no Charles W. Miller. Cada uno
de los alambiques cuya propie-
dad Sc atribuye a Miller, es de
$50 galones.
La gaceta., 1932-05-26

FL ultimo aviso a los contri-
buyentes morosos fue dado hoy
por ell abogado consultor del mu
nicipio Sr. McMullen.
"Yo he pedido a los contribu-
yentes que den seria atenci0n a
La gaceta., 1932-05-26

EXtendi6 aver una orden de
arresto ell juez del condado, ST..
Cornelius, contra ell j6ven Will
liam Bischel. de 16 amos, al que
Sc acusa de haber violado en-
Seminole Heights, ell sabado por
la noche, a una anciana de SO
amos.
Bischell coufes6 ell delito al
iefe de detectives Bush, agre-
gando que habia amenazado a
la muier con un revolver.
FL jovencito Sc halIa reclui-
do en- la carcel del condado.
The Washington times., 1932-09-16
BIGGER PUDDLE
NEW COAL Of
"K|NGF|SH"

NEW ORLEANS, Sept. 16
uN.SD.-Vowing that he is
through with State politics, Sen
ator Huey "KingfiSh" Long today
cast aside the crown of political
dictatorship in Louisiana.
The Kingfish, however, was
careful to toss the crown into
the laps of two of his most faith
full lieutenants, who will carry
on the work of the Long political
machine.
Tired of Being Referee
Long announced his retirement
from State politics at a banquet
given to his political aides last
night. To Gov. o. K. Allen he
passed the task of keeping every
thing in order at the capital,
while Robert S. Masteri will be
in charge of New Orleans affairs.
He said:
Il am tired of being referee
Tor every cOOn-chaser job in
Louisiana. / have elected every
body / wanted to every worth
while public post in the State.
These men are friends of mine.
I've shown them the way and
they should be able to carry on
alone.
AVAILABLE FOR ADVICE
"Of course I will always be
available to my friends for
advice, but it should not be
necessary for me to come back
into another State campaign"
Long said he would devote his
entire attention to national poll
Tics, and will take the stump for
Gov. Franklin D. Roosevelt in
the West and Middle West
shortly after October l.
The Washington times., 1932-09-16
Engraving Bureau
LOdge No. 20 Formed

More than 100 men and women
employees of the Bureau Of En-
craving and Printing last night
completed organization of Lodge
No. 20, American Federation Of
Government Employees. with Da-
vid r. Glass, acting national
president, and R. A. Dixon, preSi-
dent of the Central Labor Union,
attending.
Dixon invited the lodge to send
delegates to the union and Mrs.
Lillian Cook, Mrs. Flora L. Fay,
Allan D. Mccarthy and George
E. Jacobs were named delegates.
Miss Winnie L. Harrington and
william c. Heller were named
membership chairmen.
The Washington times., 1932-09-16
Blind Association
10 Open WOrkshOD

The Capitol City Blind Asso-
clatlon has initiated a new move
ment in the work among the
blind in the District by the open
Ing OF the Capitol City Workshop
Tor the Blind. which will give un-
employment to the sightless.
The idea of the shop was con.
celVed and the preliminary work
Gone entirely by the Capitol City
5!lnd Association, of which
Charle SChurchwill is president
The Washington times., 1932-09-16
District DriUer Held
As Drunk. Reckless

unable to post $1,000 bond.
FRANK w: Martin, 21OO block of
o st. N. w., is held in the Hyatts.
vile Jail for a hearing Monday
1e1ore Judge j. Chew Sheriff in
Laurel Police Court on charges
OF reckless and drunken driving
ne was arrested at Laurel last
nlgnt oy Sergeant A. w. Mark
4ey' OF the Maryland State Police
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1932-09-15
Brooten Community
Fair September 2O-22
Tenth Annual Show will be Best
Ever-Many Sank Centre
Folks Will Attend

Ten years ago the business and
professional men of Brooten init
lated the first of their Community
Fairs.
These events have grown with
each passing year until today the
Brooten Community Fair is looked
upon as being the largest and most
successful of it's kind in the state.
The displays of livestock, grains,
and home economics would do
credit to the bigger county fairs.
The amusement features of the fair
have increased in number and
quality each succeeding year.
Every citizen of Brooten and
community takes pride in their
Community Fair. They back it
with their time and money. That
is the keynote Of their success. !.
The fair is not a financial bur-
den on the community; it stands on
it's own feet. This years show it to
be held Sept. 20, q and %. The
admission prices have been reduced
and that's an inducement to attend
besides the Fair itself.
Sank Centre and community has
always been liberal patron of the
Fair. They will attend in large
numbers again this year with every
assurance Sthey will see a worth
while exhibition and be well enter
tanned.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1932-09-15

Peter Trones, Of st. Cloud, visit
ed with relatives in this city Sun
day.
o. Heieie and Miss Moen visited
in the A. Rasmussen home Sun
day.
Louis Larson went to Glenwood
Monday to attend the county fair
and to visit with relatives
Mr.. and Mrs. August Conner, of
Brooten, spent Tuesday in Sank
Centre visiting with relatives.
FIR. John Fearon, of Morris,
tranacted business and visited
with friends in this city Monday.
stgurd Holme, Jr., and Paul
Mossman returned Sunday from
the State Fair where they had been
employed.
Mr.. and Mrs. Peter Robischon
and Mr.. and Mrs. s. G. Schwarz-
bauer visited friends in st. Cloud
Sunday afternoon.
Born, to Mr. and Mrs. Harold
Cook, at the home of Mr. and Mrs.
Reid O'Gara, a daughter. Everyone
concerned is doing nicely.
Mr.. and Mrs. c. G. Palmer and
daughter, Miss Mary, and son,
Harry, motored to Miltona Sunday
and spent the day visiting with Mr..
and Mrs. Cleye Olson.
Dewey O'Gara returned We'd
nesday from Barry, Mimi, where
he was called to get his Chevrolet,
which had ben left there by auto
thieves some time ago.
The Misses Clara and Bertha
Schooner returned Sunday evening
from Minneapolis where they had
been since Tuesday visiting ana
attending the State Fair.
Mr.. and Mrs. o. ]. Lying and Mr..
and Mrs. Walter Gchriver motored
to the State Fair Saturday. Mr..
and Mrs. Lying spent some time
visiting their daughters, the Misses
Alpha and Gladys Lying, who are
nurses at the Deaconess Hospital.
Harry Palmer is enjoying a two
weeks vacation from his duties
with the Northwestern Bell Tel.
Co., in Minneapolis, at the home Of
his parents, Mr.. and Mrs. c. G.
Palmer, in this city. On Tuesday
he went to Garfield for short Wis
it with his uncle and aunt, Mr.. and
Mrs. G. G. Olson.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1932-09-15
Planes Faster Than Oxen
Its on the Record Now
Race Held to Satisfy Await
ors Settles Matter Be-
yond Doubt

New York, Sept 13-Once upon a
time, or Sept. II, 1882 to be specific,
a team of oxen raced four air
planes which is about what could
be expected of a team of oxen.
There is no need for suspense.
The oxen put up a good race, as
oxen go, but the airplanes won.
That was the original idea, any
way. If the oxen by any chance
had come in first it would have
been serious faux pas, on account
of the race having been arranged
by the Pioneer Air Transport
Operators Association to, demon
strate how much faster airplanes
are than teams of oxen.
1t seemed rather obvious con-
I clusion. If class in first grade
were asked whether four airplanes
could beat team of oxen, the YER
dict would favor the airplanes with
hardly dissenting voice, save per,
haps from some youth with rural
recollections who might favor the
oxen for purely sentimental rea-
sons.
Nevertheless the aviators thought
it ought to become a matter of
record. After all it never had been
proved that four airplanes could
out distance a team of oxen. Peo-
pie get so in the habit of taking
things for granted. How could
they possibly know unless they
| actually saw the oxen whipped in
fair contest?
Some of the more sporting. men,
bers of the association suggested
that inasmuch as there were only
two oxen there ought to be only
two airplanes. Those opposing this
pointed out that oxen have had
more experience than airplanes
and that four to two would make
it a fair race.
Another handicap for the poor
but courageous oxen-expertly
handled by Mr.. Ebenezer Banks of
Fairfield, Conn.,, was that the air.
planes raced in various directions,
which the oxen certainly could not
do. One airplane went west, an
other north, a third south and the
fourth southwest.
The oxen also experienced traf-
fic difficulties. The start was from
Newark, where the aviators are
meeting, an dthe oxen, by late af
ternoon were well tangled in the
Times Square traffic. This in itself
took some of the wind out of the
sails of the airplane enthusiasts,
because they hadn't figured the OK
en- could possibly get to Times
Square before nightfall. In fact
the race was supposed to end at
Times Square.
Having made such a noble show
ing, the oxen pressed on. When
last reported they were at Broad
way and 10th street and still going
strong. Mr.. Banks opined that in
asmuch as the race was on he
would be the last one to call halt.
Officially, however, the race was
over. The oxen were on Broadway.
The westbound plane was ap-
preaching Omaha, the southwest
plane was near Kansas City, the
northbound, ship was on the land
ing field at Montreal for three hours
already and the southbound plane
was close to Jacksonville.
It all goes to show that airplanes
are faster than a team of oxen, and
undoubtedly comes to you as a
great surprise.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1932-09-15
Business and Professional
Men Meet Tonight
VIII Make Definite Plans for the
Second Annual Fall
Festival

Last weeks Herald announc-
ed that the meeting to make
final arrangements for Sank
Centres Second Annual Fall
Festival, sponsored by the Jun
Tor Chamber of Commerce
would be held at the Armory
Wednesday evening. Because
several of the officers of the
organizations were in attend
ance at the state gathering in
Minneapolis yesterday the
meeting was postponed until
Thursday evening at the Arm
DRY, promptly at 500 o'clock.
Every business and profess
sional man in the city should
attend this meeting whether
they are members of the Junior
Chamber or not. The definite
date for the festival will be set
and plans set in motion to de-
velop a worthwhile program.
To make this event the sue
cess its Importance warrants
and to be comparable with like
events in other communities
every business and professional
man should attend this meet
ing. -
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1932-09-15

Miss Alice Quigley, for many
years the very efficient principal OF
the Sank Centre Public schools, but
now a member of the faculty Of the
Brownsman Private School for
Girls at Santa Fee, N. NJ, is spend
ing the week in this city, guest
of Mr.. and Mrs. H. T. Austin, and
other friends.
Mr.. and Mrs. Eph. Smith and
daughter, and Mrs. Hoyt, and son
enroute to their homes at Sun
River, Mont, after visit with rel
atives and friends at various Wis
consin points, were guests at the
Levi Smith home, Hoboken, Thurs
day evening. Mr.. Smith is a ne
phew of Levi Smith and they had
not met in more than 80 years.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1932-09-15
Glenw'ood Airplane .
Crash Kills Three
Pilot and Two Youths Meet Death
|. Late wednesday Afternoon
Plane Goes Into Spin

Two youthful passengers and
the pilot were killed instantly
when an airplane crashed two
miles east of Glenwood late
Wednesday. The boys were
being given a ride as their pay
for passing handbills.
The victims are Ray Dibble,
IS, of Graceville, the pilot;
Lawrence Austin, II, son of
Mr.. and Mrs. John Austin, of
Glenwood, and Sidney Thomp-
son, IS, son of Mr.. and Mrs.
Henry Thompson, of Lake Peli-
can, near Glenwood.
Dibble was married and the
father of one child.
For the past three days, Dib-
BILE had been carrying passeng-
ers for the Pope county fair.
which opened Monday and
closed Wednesday night. The
two youths, according to friends
had distributed handbills ad-
VGIliSluS Ilc dVIdIOI dCIlVl-
ties, and had been promised
rides in payment.
Several Glenwood residents
standing near the 500 Line De-
pot in Glenwood, said the plane
suddenly went into a spin from
a height of about 300 feet. 1t
was headed toward the Glen
wood airport, and apparently
was being brought down for a
landing on the field not far
from where the plane struck
when it crashed.
The bodies were about 10 feet
from the plane, which was a
tangled mass of wreckage,
when Coroner H. J. Berry of
Glenwood arrived.
Coroner Berry said that as
far as he had been able to
learn the only witnesses to the
crash were the persons on the
depot platform. He said he had
not decided whether an inquest
would be held.