davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-05-31
Washington Stock Exchange

Washineton Gas IS "A"-s5Oo at 98is
GEORGETOWN Gas 5s-S1 900 at 1907,
81 900 at 1oo34 $1,000 at 1O07s, $1,000
at 10l.
Washington Rwy. & Elec. pfd.-10 at
70, 10 at Tia. 10 at II, 10 at II,
at n, 5 at II.
Capital Traction Co.'S at 10.
Evening star., 1932-05-31

Dividend rates in dollars based on last
diyidend tPartly extra. 1Plus AZ in stock.
sPayaole n cash or stock. Payable IN
stock. Adjustment dividend. Plus Sc.
In stock. gPus .ses in stock. h Plus II
in stock. Plus 2fs in stock Plus los.
IN stock N Plus 80 IN stock. n Plus s. in
stock. Paid last year-no regular rate
Evening star., 1932-05-31
'CURB STOCKS SINK
TO LOWER LEVELS
Pivotal Issues Show Frac.
tlonal Declines-Buying
Side Thin.
BY JOHN A CRONE.
Special Dispatch to The Star

5peCial DlSpatcn 10 The Star.
NEW YORK, May 3l.-A combina,
ton Of unfavorable domestic and foreign
financial developments, along with a
series OF cherries trade reports. caused
stocks on the Curb Exchange to seek
lower levels today.
PIVOTAL issues, such as Electric Bond
& Share, Cities Service, Standard Oil of
Indiana, Brazilian Traction and Cord
Corporation, opened off fractionally.
Ihough selling in these leaders was
not as active as on Saturday, the thin
ness OF bids forced many such shares
to new lows
Renewed liquidation in public utili-
ties and food shares sharply contrasted
with the relative steadiness in the oil
group. The latter was helped by a
reduction in daily average crude out
put and cut in Oklahoma City al,
lowable oil output in an effort to bring
curtailment to Midcontinent refinerieS
Motor shares ignored the sharp upturr
IN April new car registration over
March.
Selling Of the various Cities Service
issues continued, but at a much slower
rate than on Saturday, following the
announcement of dividend omissions
on the common and preferred stocks
OF the parent company and its SUBJ
sldlarles. Empire Gas & Fuel pei
cent preferred at 9 was off points
as against a break Of 1912 points Sat.
urday. The 7 per cent preferred Of
this company rallied points after
tumbling more than Is Saturday.
Evening star., 1932-05-31
BONDS DEPRESSED
IN HEAVY SELLING
y. S. Government Group Reg.
listers loSses-Rail Issues
Again Weak.
by r. H. RICHARDSON.
Special Dispatch to The Star.

special Dtspatch to The Star.
NEW YORK, May 3l.-The failure
OF Congress over the holiday to come
to an agreement on a manufacturers
sales tax and the downfall of the
Bruening government in Germany were
the chief influences in producing an
other weak market in bonds today.
Liquidation continued all through
the domestic and foreign lists with
new low averages in both groups. There
were clear evidences of selling of high
grade American railroad bonds for the
account of European investors. United
States Government issues moved with
the general market and registered
moderate losses.
The direct effect Of the political sit
uatian In Germany was decline of
214 points in German government 5l2s,
whose semi-annual coupons will be paid
tomorrow, and of point in the gov
ernment per cent loan. Both rallied
somewhat later.
The most significant reaction to the
political confusion was a decline of 212
to 2'4 points in French government
bonds and a. loss Of about a point in
Belgian rs. Austrian government Is
were on point, Budapest IS made a
new low record and fractional declines
took place in many of the German
city and corporation loans and in those
of the Central European countries. In
the South American group a further
sharp drop occurred in Argentine IS,
which were under pressure last week.
While railroad junior bonds were
again soft, and most of them at or
under the previous minimum prices,
the thinneSS of the markets for the
high-grade rails was the most disturb
ing feature. This apparently repre-
sented selling for foreign account in
connection with the failure of Con-
gress to balance the budget and also
rejecting the growing disturbance of
mind among European investors over
the outcome of our railroad situation.
1t Is unusual for bonds like Atchison
General As, Canadian Pacific Perpetual
As Pennsylvania 4las and Northern
Pacific IS to break with the violence
that they did at one time today, off
. to 3 points.
The volume, however, was small
This fact again emphasizes the need
for support in this market and makes
the attitude of the new committee of
IL teWard practical demonstrations
general public. A reading of last
weeks bond list, in which some of the
highest grade underlying railroad
issues declined from 10 to over 30
points on nominal sales, is sufficient
proof of the demand at this moment
for support in order to protect the
portfolios of the banks.
There we're several strong issues
today, among them Hudson Coal 5s,
which advanced to 80 on top of 3
point rise last week. American Inter-
national 512s opened points higher
at rs, completing rise OF points
from the low of last week, but later
they declined 4 points.
The market for United States Gov
ernment bonds was heavy in the fore
noon. Losses ranged from 4 to ?
point. BY midday there had been some
rally in this group.
Evening star., 1932-05-31
Washington Produce

Butter-One-pound prints, SO score
p; 81 score, 81; standards, 10; tub, 9;
score, 2l; 80 score, 20; standards. l8
EggS-Hennery, IA; current receipts
-.
Poultry. alive-Turkeys. young hens
18; toms, II, old toms, IL: crooked
breasts, l2 Spring broilers, colored
IL to 2 pounds. 20; Plymouth Rocks,
2 TO 2l2 pounds. %; Plymouth Rocks,
pounds and over. 25; Leghorn broil-
ers. u pounds, IT; 2 pounds and over,
10; hens. medium, 15al6; large, 15als;
Leghorn hens, 13a14; ROSTERS 8;
chickens, 18a20; stays. H.
Poultry, dressed = Turkeys, youns
hens, 81; young toms, 49, old toms, Is;
crooked breasts, Is; Spring broilers,
colored, l12 to 2 pounds. %: Plymouth
Rocks, 2 to 2l2 pounds, 26; Plymouth
Rocks. pounds and over. %; Leghorn
broilers, 1l2 to 2 pounds, 20: pounds
and over, %; hens, medium, l8al9;
large, l8al9; Leghorn hens, 15alS;
rooSters, Il; keats, young 60a70; old,
3Ca40: Winter chickens 2la23: stays
Is; Long Island ducks, 15al6.
Meats-Beef, 1la12; lamb, Spring.
fresh hams, 12al3; smoked hams, II;
pound, 6l2.
Live stock-Hogs, heavy. 225a325:
light and medium, 3o0a3 40; pigs. 800
a3 40; roughs, 150a225; calves, 300a
$50; lambs, 5.00a600.
s-Watermelons, 30a75: canta-
loupes, jumbos, 500; standards, 425;
ponys. $50; apples, bushel baskets, l 90;
fancy box stock, l50a2 90; strawberries,
l l.50aS.00; pineapples, 225a2.50; oranges
California, 3.75; Florida, 4oOa4 so:
grapefruit, 400a425; honeydews, 3.75a
400; lemons. 550a6.50; bananas. 1.OOa
150; alligator pears, $50; rhubarb per
dozen punches, 40a50; cherries, 200a
225.
egetables-Potatoes, new, per bar
rel, 400; old, l00-pound sacks, lisa
20; sweets, 80; tomatoes, lugs, 3.00a
400: repacks, Span containers 225;
string beans, LOCAL IS: limas, 5.50a
6 90; squash, 1.50a2 90; eggplant, 250a
300; carrots, per 100 punches. 400a
500; beets, per 100 punches, 400a5 90:
spinach, rs; kale, 50a60 cucumbers, pei
dozen, rs; cabbage, 75a1 90; asparagus,
! GOAL .25; eaulifoWer, 1.75a200; corn,
3.75; mushrooms, 75a1 90; caulif1ower,
2.25a2 so; okra, 400.
Evening star., 1932-05-31
COAL PRODUCTION.
" the Associated Press,

by tIt ASsOCIaItd PTtSS.
Production of bituminous coal
slumped slightly during the week ended
May 81, as compared with the previous
week. The total output, as reported
by the Mines Bureau follows for COM
parable periods:
Week ended May 21..... 4,288 900 tons
Previous week. ........ 4,295 900 tons
Same week last year " 6,628,000 tons
Evening star., 1932-05-31
CHICAGO DAIRY MARKET.

CHICAGO, May 81 (P.-Butter, re.
ceipts, 1885 tubs (two days., unsettled;
creamery, specials 1913 score), 1925
TIA; extra (92). 1914: extra firsts 80.
80, 5l2al6: firsts 1880. l4$,s15;
seconds (8e-8O, l2al4; standards (90)
centralized carlots, 1914. Eggs, receipts
39,939 cases. unsettled; extra firsts
111.; fresh graded irsts, ia current
receipts, 10l2al04.; storage packed
firsts, 12&; extras, 13
Evening star., 1932-05-31
BoURsE SHOWS STRENGTH.

BERLIN, May 81 CP).-While Presi-
dent von Hindenburg was casting about
today for a new cabinet the Bourse
showed strength. Lesding shares i'm
proved to points.
Dyetrust was up 8, Reichsbank 4 and
Siemens, S. The bond market, however,
was weaker In banking circles it was
said the upswing had been overdone, but
there was no fear of imitation.
Evening star., 1932-05-31
Grain Market
BY the Associated Press.

BY the Associated Press.
CHICAGO, May 3l.-Wheat values
showed pronounced weakness in the
late dealings today, affected by New
York stock market setbacks and by
Germany's political crisis.
One Chicago crop expert anticipated
other monthly crop forecasts and put
domestic Winter wheat production at
Asa. 100000 bushels, an unexpected bear
ish showing. Export demand for North
American wheat was slow.
Wheat closed unsteady, lasa2 under
Saturdays finish, corn a4a1A down,
oats varying from Hsaas of to N up,
and provisions unchanged to z lower,
Evening star., 1932-05-31
Markets at a Glance

NEW YORK, May 81 (P.-Stocks
weak; leaders enter new low grounds.
Bonds heavy; Utilities and rails slump
Curb weak; Cities Service group heavy.
Foreign exchanges easy; Sterling de-
elines. Cotton lower favorable wealth
er; weak stock and grain markets.
Sugar quiet; steady spot market. Cof-
fee higher; foreign buying.
CHICAGO May 81 (P).-Wheat easy;
weakness stock market: bearish Kan
sas estimate. Corn easy good rains
main belts; sympathy weakness wheat
Cattle steady. Hogs fairly active and
steady to strong.
Evening star., 1932-05-31
q. s. TREASURY CERTIFICATES

Slum clearance is being started by
many cities in Scotland.
Evening star., 1932-05-31
Short-Selling Reports.

NEW YORK, May 81 (P.-Continu-
ing its regulations for periodic reports
from members on short selling, the New
York Stock Exchange today directed
members to include regularly in their
reports as of the lst and 18th of each
month date on the number of short ac-
counts In each State and in each for
eign country.
Evening star., 1932-05-31
New York Cotton
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, May 31.-With extreme
weakness in stocks and bonds, cotton
prices broke sharply today over a quar-
ter of cent into new low ground for
the year.
July sold below 5i4 cents, the lowest
record made since November, 1898. The
list closed at the bottom, 27 to % points
lower than Saturday. All months closed
below the Scent level. Spots were re-
duced 80 points to $50.
Cotton range:
Evening star., 1932-05-31
STOCKS.
PUBLIC UTILITY
TRUST COMPANY

Amer. See. & TT Co. U5) ...... 299 3l6
Natl Saw. & Tr: tl2t) ..... SIS 400
Union Trust f8s) s)... 100 200
Wash Loan & Trust Q4 ....... 400 40
Evening star., 1932-05-31
BALTIMORE STOCKS.
Special Dispatch to The Star.
BALTIMORE, May 81
Plan to Retire Stock.

NEW YORK, May 81 (Pl.-Stock-
holders of the Lehman Corporation will
vote on June % on the matter of re-
firing 15O,7Oo shares of capital stock
purchased by the company at an aver
age cost of $3575 a share.
The United States leads all other
countries in buying French cigarette
paper.
Evening star., 1932-05-31
CHICAGO STOCK MARKET

CHICAGO, May 81 L40.-Following is
the complete official list of transactions
in stock on the Chicago Stock Exchange
fpiav
Evening star., 1932-05-31

10000 Chi Cit, RVS IS ~, sss,,a sss,a 3ss,,s
10000 Chi Rys IS al eff 37l2 36l4 3sl<
5000 Chic Rys 81 ctfs 3s So SO
Hond sales today-S38,000
The Washington times., 1932-07-20
SAVING IS FIXED
At 100000
ANNUALLY
Corporation Counsel Will
Probe Relation of
Economy to Rates

With the Chesapeake &
Potomac Telephone Co., sched-
uled to adopt a five-day week
as an economy measure,
Assistant Corporation Counsel
William "A. Roberts is trying to
determine how much of a
saving will result to the COM
panv from this move.
The results of the study, Mr..
Roberts said, will be revealed be-
fore the Public Utilities Commis-
sion as a part of the evidence in
the public hearing on telephone
rates, which will be resumed to-
morrow.
$5OO,OOO Saving
The phone company, Mr.. Rob
erts said, has an annual expense
roll of approximately $7,000,OOC,
of which IS per cent compoSes the
pay roll. He estimated that saw
ing of approximately $500,0OO will
result from the five-day-week plan.
Announcement of the five-day-
week policy was made at~the Of
ficeS of the American Telephone
and Telegraph Company, parent
of the local company, in New
York. The announcement stated
that the policy was being adopted
rather than subject the telephone
systems 100000 employees to a
straight salary cut.
The commission postponed to-
days hearing to consider other
matters. When the inquiry re-
convenes tomorrow, the commits
sion will rule on a motion made
by r. A. Van Orsdel, chief coun-
sci for the company, which pre-
cipitated a clash between him
and Mr.. Roberts at yesterdays
meeting.
Questions Authority
Attorney Van Orsdel contended
that because of the interstate ma
ture of the company, the commits
sion had no jurisdiction to deter
mine the company's depreciation
of properties and argued that this
was a matter for the Interstate
Commerce Commission.
He also contended that evil
dence introduced by Mr.. Roberts
dealing with preliminary valua-
ton could only be introduced
properly in a valuation proceed
ing and sought to have all evil
dence and exhibits dealing with
this subject stricken from the
record. The motion was directed
at testimony of Thomas R. Tate,
valuation engineer of the COM
mission, who estimated $780,
104 as the cost of reproducing the
company's properties.
The Washington times., 1932-07-20
CAPITAL FACES
MORE HEAT
MRS. TOMASELLO

Washington can expect no i'm
mediate relief from the heat wave
that has gripped the country.
Other cities may take hope in
forecasts of winds and thunder
showers, but the region along the
Potomac is going to be "hot
enough" for several days to come,
according to the forecaster.
Still in the pessimistic vein, the
forecaster says that the tempera-
ture for the next two days will
continue we'll up in the nineties,
unless, of course, clouds interfere
and cast a bit of shade. But that's
quite unlikely.
Possible relief is expected for
some time Saturday, although
even that isn't definite.
With the Central West and East
baking, despite somewhat COM
Portable climate on the Pacific
Coast, the death toll attributed to
mounting temperatures yesterday
was placed at 25.
The Washington times., 1932-07-20
HEALTH PRIZES
WON BY BABIES
Times Staff Photo

Four babies were given prizes
at a health contest held yester
day for babies born in the Wash.
ington Sanitarium.
The winners were:
James Rouse, five and a half
months old baby of Mr.. and Mrs
Miles F. Rouse, 905 Silver Spring
Avenue, Silver Spring.
Helen Louise CheSky, seven
months old daughter of Mr.. and
Mrs. William Chesky, of Ken
sington.
Joan Flaherty, year old baby of
Mr.. and Mrs. William E. Flaherty
156 @ St. S. w.
Hampton Jones, 19 months
old son of Mr.. and Mrs. George
Jones, 1927 Sheppard Ave. N. w
The winners were among the
200 babies born at the hospital
Judges were DR.. Edna F. Patter-
son, chairman of the contest,
DR.. C. w. Mitchell, Silver Spring,
and DR.. o. S. Parrett, of the hos
Dital
The Washington times., 1932-07-20
GAS RATE STEP
DELAYED

Director of the Washington
Gas Light Compay took no action
toward reducing rates at a meet
ing today.
President Marcy L. Sperry said
that, if possible, an ans~er will
be given the Public Utilities Com
mission by Monday. Sperry said
the company officials had not
had time to assemble data neces-
Sary to make decision.
The commission in its letter Of
July 13 informed the company Of
ficials that an investigation had
disclosed sufficient grounds to
warrant a rate hearing. 1t Of
fered a compromise that the pro-
posed hearing would be postponed
until after January / if the COM
pany would agree to a percentage
cut in all bills from August 1 to
February /.
The directors declared the regu-
lar quarterly dividend of 80 cents
a share,
The Washington times., 1932-07-20
CENSUS BUREAU.
LETS OUT zoo
WORKERS
War Veterans, Married Men
Included in List; Heads
Claim Laws 0beyed

Apr oximately 200 en-
ployes of the Census Bureau
are today receiving notices
that they will be dismissed at
the end of the months.
Included in the number are
some married men and some war
veterans, and because of this it
was reported about the bureau
that in some instances single men
we're being retained in preference
to married men.
Officials of the bureau ex-
planned, however, that dismiSsals
were being made in strict accord
ance with the provisions of the
economy bill and other legislative
enactmentS, and that the only
married men released were those
whose wives have Government
jobs. The economy bill, it was
said, works both ways so far as
married persons are concerned.
AS for the veterans, the force Is
being cut down so much, it was
said, that it was not possible 20
retain all the veterans, or at least
would not be possible soon. 1t
was believed that a few veterans
were included in the group receiv-
ing notices today.
Veterans, however, are given all
preferences to which they are en-
titled, it was said.
The Washington times., 1932-07-20
Fair Name of Sebring
Sullied by James,;
Frank Is Sad

Frank A. Sebring, clerk of
the Police Court. received some
thing of a shock when he
looked over the records of the
District branch Of the court
today.
James Sebring, a bonus
marcher, was fined $40 by
Judge Ralph Given for intoxi-
cation. Clerk Sebring looked
at the record and walked away,
shaking his head.
A search of the court files
revealed that it is the first
time in the history of the court
Mr.. Sebring has had a name
sake brought before the bar.
The Washington times., 1932-07-20
Chamber Fete Fund
Goes to Idle Instead

Instead of having an outing. as
originally scheduled for August 6.
the Bethesda chamber of com,
merce will donate 5000 which was
to be used for the outing for un-
employment relief.
Men will be employed to cut
down trees on the Luke I. Wilson
estate to be used as firewood by
the needy of the Bethesda area.
A survey of the unemployment
situation will also be made.
The Washington times., 1932-07-20
Rent agent" Found
GuiLtY in Racket

Convicted on a charge of false
pretenses as a result of a rental
racket" Charles A. Riddick, col
ored, 46, of 14O4 Swami st. N. W..
today was released on personal
bond by Police Court Judge Isaac
R. Hit.
Mabel Pannell. colored, of 2203
Champlain St. N. W., said Rid
dick had presented himself as a
rental agent and collected a $40
deposit" on an apartment at
1907 Vermont Ave. Later, she
said, she learned the property is
in the hands of a local real es-
tate man and that Riddick had
no authority to rent it.
The Washington times., 1932-07-20
Church to Stage
LQLUn P0rtu SundaY

A lawn fete in which nearly
500 children will participate will
be held at 942 r st. N. w. Sun.
day at 4 p. M. under the au-
spices of the Cosmopolitan Bap-
tist Church. The fete is under
the charitable department of the
church and the Sunday School
committee headed by Mrs. Sarah
N. MCCOY..
The Washington times., 1932-07-20
Commissions GiUen
5 District Residents

Commissions in the Army Re
serve Corps have been issued to
five residents of Washington.
They are George Dewey, Pip F
st. N. W., who was appointed a
captain in the Medical Reserve;
James Earnest Cook, jr., 3726
Connecticut Ave-; Joseph Donald
Cottrell. 1918 Blair Rd., Takoma
Park; Roy Hubert Dale, Pershing
Apartments, and Lyle Stetson
Motley, Patent Office, who were
appointed second lieutenants.
The Washington times., 1932-07-20
Moffett Fails to Land
In Plane From
AirShip Akron

Completing a night training
flight, the United States air.
ship Akron scared over Wash.
ington at $50 o'clock today on
her return to Lakehurse, N. j.
Among those aboard was
Rear Admiral William A. Moi
fett, chief of aeronautics,
whom. it was reported, would
be landed at the AnacoStia Air
Station by one of the Akron's
planes. The maneuver was not
executed, however, and Admiral
Moffett went to LakehurSt with
the ship.
The Washington times., 1932-07-20

always IN favor or the popular. L
reject entirely the idea that it is easy
to be popular, just as 1 reject the idea
that the popular is always bad. The
Banana Song-now that we are out of
its spell l hope no one will be offended
if l repeat myself-was popular and
utterly cheap and bad; but "Alex-
ander's Ragtime Band was just as
popular and was distinguished and
good. There are people in all the arts
now who are merely popular; some
who are popular and tricky and mis-
leading some who are popular and
supremely fine. I am recording here
what happened to some of the last
group in the decade which has passed
since their work became a subject
for criticism:
The Washington times., 1932-07-20
NEW CHAIRMAN

Reginald Pumphrey was yester-
day appointed by the Prince
Georges county, Maryland, board
of commissioners to succeed
Dewey Groves as chairman of the
road committee for the Mellwood
district. Mr.. Groves resigned as
chairman Yesterday,
The Washington times., 1932-07-20
DETAILED TO CAMP

Lieut.. Michael O'C. Pugh, of
Kensington, and Lieut.. Edwin H.
Crosthwait. of Hyattsville, have
been detailed to special camp
duty at the National Guard en-
campment at Camp Albert C..
Ritchie, opening Saturday, regi-
mental headquarters at Frederick
have announced.
The Washington times., 1932-07-20
DOAK, WILBUR
DEFER 5-DAY
WEEK MOVE
Labor Chiefs Delay Due to
Illness, But Plan Is Seen
Adopted in Department

NNVPkSN Il ~SSSh SI''S''S
In the absence of Secretary
of Labor William n. Doak, due
to illness, and with Secretary
of the Interior Ray Lyman Will
bur still awaiting reports from
all his bureaus, any step to-
ward adopting the five-day
week in these two depart
ments-the only ones consider
ing it at all-today was post
poned until tomorrow.
Despite the discrimination and
rupture of service uniformity, it
is declared it would entail, the
Labor Department is expected in
some quarters to adopt the five
day week.
Unions a Factor
In the first place the depart
ment deals directly with organ
lied labor. and is affiliated with
it, and organized labor has been
primary advocate of the shorter
week.
Meanwhile, at the office of the
Comptroller General further in.
terpretations and Qualifications Of
the economy bill provisions were
made public. The chief of these
was that Federal employees put
on an indefinite administrative
furlough could not get other Gov
ernment jobs temporarily, nor be
transferred to other Federal offices
under any conditions, nor could
any office loan furloughed en-
ployeS to another.
Funds saved by these admin
Strative furloughs may be used to
pay salaries of those employees re-
tanned, but funds saved by resig-
nations and dismisSals must re-
vert to the Treasury, it was also
mace clear.
Ma Lose Double
Employees may take their full
months legislative furlough now
or any time, although it is SUP.
posed to accumulate at the rate
of only two and a half DAYS a
month.
Employees who take off a month
now, however, will not get any
pay at all for that month, and
days taken off now on the iegis-
latlve furlough will dock their
salary checks one and a quarter
days pay for each day off.
Later, of course, if the depart
ments go on fiveday week, en-
ployeS who take off their entire
turlough now or any part will
lose doubly, for the lost Satur-
day will be taken from their pay
as well as time previously taken
off.
Unfairness Admitted
The Comptroller General ad.
mltted that administering the
economy bill would result in un-
fairness. Speaking of furloughs
and salary reductions and leave,
he said:
I'm this connection, it may
be observed that it is seldom
possible to create a law grant
ing or withholding privileges or
benefits, the operation of which
will not result in some inequaIi-
ties, because of the different
conditions that exist with re.
Spect to the different groups or
classes of persons to be affected
thereby"
The White House is expected to
issue at any hour the executive
order making uniform the sick
leave to be available to Govern.
ment employees, following recon-
mendationS of the interdepart-
mental board of simplified prac-
tice and forwarded to the Presi-
dent by the Director of the
Budget.