davidaulloa/AmericanStories huggingface dataset:
Imperial Valley press., 1932-04-20

ISpection service is particu-Ss nee
Iessary, Hays stated at the present
time when the market is weak and
grading is necessity if this COM
immunity is to market its hay.
In stressing the need Of the hay
grading service Hays stated, For
lthe first time the hay growers in
this community are commencing to
organize for the solution of their
grading and marketing problems.
The work of these hay graders has
served to stabilize prizes.
They may not have inspected
every stack of hay put up, they
have made enough inspections that
the producer and baler know what
constitutes the different grades
and aim for high quality pro-
duct. The result of all this has
been to bring Imperial Valley STAN
dardS up from a point where we
did not sell until all other hay
supplies were gone, to a position
where now it is probably the pre-
mier hay going into the Los An
SeIeS market.
Further mention was made of the
cooperative marketing association
which has just been formed in the
valley and which, it is believed.
will be eligible for government
money to assist in moving the crop
One of the essentials in obtaining
this money is that the hay shall
be graded and certificates issued.
This, Hays stated, makes i'm
perative the continuance of the
hay service here if we are to have
this government financial aid, so
necessary and vital to a commun-
lty such as this where more than
half the total acreage of the valley
is in alfalfa"
Imperial Valley press., 1932-04-20
Marriage Leads
To Suicide Try

PASADENA, April 20. U.R -,
Howard Potter, who attempted to
commit suicide by shooting him
self last night because of marital
difficulties, was recovering today
in a Pasadena hospital, according
to attending physicians.
He told police today he at
tempted suicide because his wife,
believed TO be somewhere in North
ern California, was estranged
from him.
Potter said he was a representa-
tive of bondholders for Sun Raisin
Maid Growers association and di-
Imperial Valley press., 1932-04-20
Stock Inquiry
Reaching Peak
BY LYLE c. WILSON
United Press Staff COrrespOndent

WASHINGTON, April 2O.-Thu
senaUe's stock exchange investiga-
ton narrowed down today to 20
brokers' and traders selected from
among $50 persons whose short
interests was reported to the bank
ing and currency committee to be
in excess of 2500 shares. The COM
mittee has subpoenaed the 20 per-
sons and plans to make names of
short traders public today.
I'VE are through with the list,
it has served its purpose" COM
mittee member told the United
Press.
Transcription of $4,000 names
from short order sales slips is al
most complete. A senator who had
examined all the typed names said
no members OF the cabinet were
listed. He was not certain whether
any members of congress were in
cluded.
Imperial Valley press., 1932-04-20
l.. A. LIVESTOCK

LOS ANGELES, April 20. U.P)r-
Hogs, receipts, $50; market about
steady. Locals, $685. to $4. Quot
able tops, $40.
Cattle, receipts, 600; holdovers,
1863; market fully steady. Load
strictly good Texas fed steers.
SIPS. Common to medium steers,
S5.35 to S6.35. Common to good
COWS, $3.25 to S4.35.
Calves, receipts, $50; market
steady. Good to choice Vealers,
$3.50 to $8.75.
Sheep, receipts, $50; market
about steady. Medium spring
lambs, $40.
Imperial Valley press., 1932-04-20

vided his time between San Fran
cisco, Fresno and Redlands.
He left a note for his most read
ing: If this effort is not sue
cesstul, turn me over to a good
doctor; if it is, notify my wife il
New York"
Police said the wife was not a.
the New York address he gave.
Imperial Valley press., 1932-04-20
VISITING NURSE

A graduate nurse will care for
patients by the hour-baths, gen.
eral care, enemas, etc. Special
izing in maternity cases in the
home. Sterilizing done. Reason
able rates on application. Sick
room necessities for rent. 1876
Vine st. Phone 973. 15t1mo
Imperial Valley press., 1932-04-20

right the tropical Africa bzzards
" year March until July
ideal the
the skating lake Kenya Colony With altitude
AUSTRALIA furnishes phalanger
animal that greenih
clingng the the animals
Imperial Valley press., 1932-04-20

L. G. Sinnard, an engineer OF
note, formerly with the Atascadero
project, and later developer and
manager of Rancho Santa Fe, died
recently at sanitariium near Red
lands, after a lingering illness Of
Seyeral years.
Imperial Valley press., 1932-04-20
Situations Wanted

WANTED - Housekeeping or work
by Gay or hour; recommendation
Call at 1917 He'll. 20t3
Imperial Valley press., 1932-04-20
Rea! Estate Bargains

Al stand young alfalfa, excellent
Location, good drainage. VIII take
$2500 for my $500 equity. Press
Box $50. 1876
Imperial Valley press., 1932-04-20
Here And There
In Sport World
BY United Press

LOS ANGELES, April 2O.-Gar-
ret Arbelbide, football and base
ball star of the University of
Southern California will play sum-
mer baseball with the Catalina Is
land Cubs, opening the season Niny
is.
HOLLYWOOD, April 20. - Hans
Birkie, Oakland, and Tom Patrick,
who meet in the main event at
Legion stadium Friday night. will
be fighting for chance to meet
Lee Ramage OF San Diego.
SAN FRANCISCO, April 20
Bob Kruse, Portland, Ore, mat
giant, defeated Wild Bill Beth of
Stockton two falls out of three in
finish wrestling match here last
night.
SANTA CRUZ, Calf, April 20
The Seattle Indians were notified
today that their contract to hold
spring training here has been brok-
en- by the committee in charge of
leasing the city's new $4,000 ball
park.
Alleged failure to meet certain
financial obligations for the In
dianS was indicated as the reason
for ending the agreement.
LOS ANGELES, April 20. - IN
eligibility of Jimmy Weeks, Occi-
dental Colleges star hurdler, today
had greatly lessened the chances
of Oxy to win the southern confer
ence track and field meet next Sat
urday.
MeekS, one Of the best hurdlers
in the nation, failed to pass an ex-
animation in biology. 1t was said
that he may become eligible again
before the Fresno relays on May
Ia,
Imperial Valley press., 1932-04-20
Miscellaneous For Sale

FOR SALE-200 bales shaving 225
West Eighth ST., Imperial. Phone
Imperial 276 1873
Imperial Valley press., 1932-04-20
Rooms and Apartment

GARDENA APTS.-418 South 8tn
St.. Newly decorated, well fur
nished. Singles, $1,000. Plenty OF
shade trees. Lucille Bridgers.
mWf-tf
Imperial Valley press., 1932-04-20
For Rent-HOuSes

FOR RENT-Small furnished mod
ern house, couple only. 723 Or
ange. 1913
Imperial Valley press., 1932-04-20

FOR RENT = Furnished modern
house. 1909 ADAMS. 18tf
Imperial Valley press., 1932-04-20
@la1lelS

LOS ANGELES, April 20. U.P)-
Following are t5o&ys market quo
tationS:
Imperial Valley press., 1932-04-20

FORECLOSURE BARGAIN - 40
acres adjoining Ell Centro. To
ambitious, honest man, will sell
nothing down, 10 years to pay.
Address Press Box 142. 1916
Imperial Valley press., 1932-04-20

FOR RENT-Furnisiled, nice clean
4-room house. 844 Park. Water
paid. Inquire w. I. Stone, 831
Main St., or 1922 Euclid. lott
Imperial Valley press., 1932-04-20

FOR RENT-One single and one
double room, close in, outside en-
trance, nice yard. GA CONNER
cial. Apply after 6 p. m. 19t4
Imperial Valley press., 1932-04-20
Automobiles For Safe

FOR SALE-Large assortment late
model REQ Trucks offered by FL
nance Company at extremely low
prices. Bailey-Patillo Company,
526 Fifth ST., San Bernardino.
Calf. Phone Abs, San Bernar-
dino. 1912
Imperial Valley press., 1932-04-20

FOR RENT-Two-r o-room furnished
apartment. ITO Broadway. 14t6
Evening star., 1932-06-06

choose whether will be cool weded
In the Palm Beach, tailored by Gooda be BOTH
models brings you for every single breasted
rich blues browns and for day and evening Palm Beach
tailor maveousy wash without shrinking slow wrinkle and soil
and better than that much Come and these
newest Palm Beach suits for mems Summer comfort
THE ZEN sEcoNDF FLOOR
Evening star., 1932-06-11
GOOD CROP PROSPECT
HITS COTTON PRICES
Unfavorable Trade News Also Con-
tributes to Decline in Market
During Week.
By the Associated Press.

BY the ASSOcldteQ fIess.
NEW YORK. June IA further
decline in cotton has carried prices TO
the lowest levels ever touched since the
beginning Of business in the New York
market, during the past week. July
contracts selling at 491 today were 7
points below the previous low record
for any position, which was 4.98 Tor
November contracts, In November, 1888
The unfavorable average Of trade ad-
vices, reports of continued favorable
crop progress in the South, weakness
in the stock market and continued ner-
yousness over various relief proposals
still pending in Congress appeared to
stimulate liquidation of old long &C
counts, while some local, foreign ana
Southern selling has also been reported.
Offerings have been absorbed by COW
ering and trade buying on the decline,
but the buyers have shown very little
disposition to follow up advances, and
except for spurts Of liquidation the
market has been comparatively quiet.
Some complaints regarding new crop
progress have been received and toward
the end Of the week some apprehension
was expressed that continued showery
weather would intensity the threat OF
boil weevil damage. On the whole,
however, it is felt that aside from draw
backs in some sections. the crop was
making the usual favorable June prog
ress and this has rendered the market
rather more sensitive to bearish fea-
lures in other directions. Trade advices
have shown little improvement.
Warmer weather is said to have been
reflected by rather more active
retail business throughout the country
and a steadier tone has been reported
in print cloths, but sales have been
restricted and mill curtailment con-
tinueS
Evening star., 1932-06-11
LUMBER PRODUCTION
! DROPS DURING WEEK
Figures for Period Ended June 4
Show Output Was Off More
Than so Per Cent.

Lumber production, in both hard
woods and softwoods, dropped during
the week ended June to less than so
per cent Of the cut during the equiva-
lent period in 1881. Orders, however,
were Is per cent in excess of produc-
ton, 1t is indicated in telegraphic re-
ports to the National Lumber Manufac-
turers' Association from regional Manu-
facturers' Associations covering the
operations of 626 leading mills Pro-
duction of these mills amounted to no.
$4,000 feet new business 126,4O4, 900
feet and shipments 1876, 791 900 feet, or
% per cent above the cut. A week
earlier 645 mills produced 1908 900
1eet. with orders 3 per cent above the
cut and shipments per cent above the
cut. Figures for the latest week. COM
pared by identical mill reports with the
equivalent week in 1881, show: For
Softwoods, 423 mills-Production 81 per
cent less; shipments, 36 per cent less,
and orders, 40 per cent less than for
mills-Production, SO per cent less +;
shipments, SO per cent less, and orders,
As per cent under the volume a year
ago.
Lumber orders reported for the week
ended June 4, 1882, by 468 softwood
mills totaled 116,524,000 feet, or Is per
cent above the production of the same
mills. Shipments, as reported for the
same week, were 124, ,304, 900 feet, or %
per cent above production. Production
was 101 $4,000 feet.
Reports from ITS hardwood mills give
new business as $3.50, 600 feet, or Is per
cent above production Shipments, as
reported for the same week, were H.
487 1000 feet, or 81 per cent above pro-
ductiou. Production was 8,596 900 feet.
Evening star., 1932-06-11
RECEIVERSHIP ASKED
FOR BROKERAGE FIRM
Baltimore Company Named in Suit
Is One of Oldest in This
Section.
Special Dispatch to The Star.

Special Dispatch TO The Star.
BALTIMORE. June 11.-Receivership
proceedings yesterday were instituted
against Hambleton e. Co., old Baltimore
brokerage house, and against its afi-
liated company, the Hambleton Corpor-
alton.
The concerns were given until June
25 to show why receivers should not be
appointed
In the receivership suits, filed in Cir
cult Court, it was alleged that Ham
bleton & Co. is hopelessly insolvent
and Is able to pay only approximately
10 per cent on its Indebtedness.
The Hambleton Corporation, however
was said not TO be technically insolvent
1t was alleged to be dominated by the
other concern and the suit alleged that
receivers should be named for 1t tt
protect its assets.
that its capital stock had been wipec
out and that certificates of indebtedness,
totaling about $275,O0O had been issued
Its liabilities. as of December 81. 1890
were stated to have been s7.7o1, ,7so .64
but by the following December the liza.
bilities had been reduced to $4,396,.
49041.
The reduction was alleged to hav,
been due in part to the receipt of So.
100, 900 of the life insurance of the lat,
T. Edward Hambleton, president of tn,
concern, who died December %. 1890
and whose death was held to be suicide
Hambleton & Co.. the suit ayerred
had been In voluntary liquidation fol
some time.
Evening star., 1932-06-11
BY CLAUDE A. JAEGER,

Associated Press FINANCIAL EoitoI.
NEW YORK, June 11-While finance
in this country has been chiefly con-
cerned with our own fiscal affairs for
several weeks, the approaching conven-
ton of European statesmen at Lausanne
in an effort to reach an agreement to
replace the Hoover moratorium on In
tergoyernmental debts il receiving In
creasing attention in banking quar-
tiers.
New York is perhaps less concerned
than London. Despite the severe re-
percussions in this country from the
disturbances in Europe in 1881, 1t has
been the fashion among f1nanciers and
economists in recent months to believe
that whatever may happen In Europe
from now on will be Of less conse-
uuence, and that our own economic
recovery need not await upon Europe.
Washington TN Limelight.
But the importance of the interna-
tional financial situation Is still rec
ognized, and now that the matter OF
Federal taxation has been settled. Wall
Street will undoubtedly seriously con-
Germ itself with the developments at
Lausanne, although this country does
not plan official representation. OF
course, Wall Street will not be ready to
take It's eyes of Washington for long,
until the governmental economy and
relief measures are enacted, ana Con-
gress actually adjourned.
Wall Street bankers are not min
imizing the important Of settlement
Of the European reparations-war debt
controversy. They recall the sudden
glow in financial markets which greeted
the Hoover moratorium year ago, and
the discouraging fading out OF the glow
when the moratorium was not promptly
accepted, and 1t developed that 1t had
not come quick enough to stem the
tide Of def1ation which was sweeping
over Europe.
But in London, bankers are almost
screaming that something must be done
at Lausanne. OF course, England has
not our great home market; she has put
her financial house in order, but she
lacks trade Despite some temporary
Improvement In recent months, unem-
ployment is again increasing. The con-
Germ OF her bankers Is not difficult to
understand.
Political Confidence Needed.
J. Henry SHREDDER & Co.. one OF the
leading banking houses OF London, goes
so far as to say In its quarterly bulletin
Evening star., 1932-06-11
RICHFIELD OIL FIRM
is MENTIONED IN IDEAL"
BY the Associated Press.

LOS ANGELES, June 1.-THE posi-
bility of deal concerning the Rich
field Oil Co. within the next few weeks
was intimated yesterday by the Bond
holders Committee Of the company,
now in receivership.
A statement said several agents have
approached the committee with Offers
but nothing formal has been received
we have dealt only through agents SO
far" the statement said, "and are not
familiar with the clients whom they
represent"
Discussing published report that
Harry F. Sinclair. chairman of the
board of the Consolidated Oil Corpora
ton, which has been widely mentioned
in runors Of merger with Richfield,
was in Los Angeles to discuss such a
proposal, the committee said:
If Mr.. Sinclair is interested in such
merger, he has not communicated
with us. and We have no more knowl-
edge concerning it than We have OBJ
tanned from the newspapers"
Evening star., 1932-06-11
Washington Produce

Butter-One-pound prints, 90 score,
81; go score, 20; standards. IT. Tub, 90
score. 20; go score, 10; standards, II.
Eggs-Hennery, 12al3; current re-
ceiptS, II.
Poultry, alive-Turkeys, young hens,
IS; young toms. II: old toms. 10;
crooked breasts, 10; Spring broilers,
colored. 1la to pounds, 20: Plymouth
Rocks, 2 to 2la pounds. %; Plymouth
Rocks, pounds and over, %; Leghorn
broilers. ll2 to 2 pounds, l6; Leghorn
broilers. 2 pounds and over. 18; hens,
medium and large, IS; roosters, 8.
Poultry, dressed - Turkeys, young
hens, l8a20: young toms. 18; old toms.
II; crooked breasts, 12 Spring broilers.
colored. IL to 2 pounds, %; Plymouth
Rocks, pounds and over, 26; Leghorn
broilers. l to IL pounds, 19: Leghorn
broilers 2 pounds and over. 81: hens.
medium and large, 18; roosters, IL;
Long Island ducks, 16.
MeatS-Beef, 12al3; veal 10 all:
lamb, 15ai6; pork loins, 11a12: fresh
hams, IL: smoked hams. Halls: strip
bacon, l5al6; lard, 6; compound, s.
FruitS-Watermelons, S5a85, canta-
loupes, jumbos, 400: standards, 325a
$50; ponys 800; apples. bushel baskets.
| 1.50a1.15; box stock. l.50a2.25; peaches,
California, lugs, 140a1.50; strawberries.
250a3 so; blackberries, 250a3.00; al
ligator pears, 3.00a4.00; pineapples, $50
a300; oranges, Florida, 4.00a5 90; Cali
fornia, 250a400; lemons. 5.00a6 90;
grapefruit. 4OOa5 90; bananas, 1.25a
| $50; plums, 125a225; apricots, 1.65;
hcneydews. 200a2.50; rhubarb, per 100
punches, 400a500.
Vegetables-Potatoes, new, per barrel,
2.50a3 90; old. 100-pound sacks, 1.25;
sweets, 75 tomatoes, lugs, 2.25a2.50: re-
packs, $50; string beans, 125; limas,
400; squash, 50a75; carrots. per 100
punches, 400; turnips, per 100 punches.
400; beets, per 100 punches, 400a5 90;
spinach, lbs; kale, 75al.00; cabbage,
1.50a1.75; asparagus, 1.50a2.00 cauli-
flower. homegrown, $50: corn, 200a
$50; lettuce, Iceberg, 5.50a6.00; home
grown, buShel baskets, u.s.
Evening star., 1932-06-11
Loaning at Premiums.

NEW YORK. June II (SpeciaD -
About Is per cent of the stocks now being
dealt in daily on the big board" are
either loaning at premium or fiat"
Out Of 154 stocks in this category no
less than AZ were today on a premium
basis The short interest is concen-
trated in the comparatively small num-
Der of issues in contrast with bear COM
mitments last year in a large body of
stocks. This suggests that the general
list has been quite thoroughly debated,
but that there is still a group of securi-
ties which the bear element considers
out Of line with the average price for
the entire market and accordingly is
gradually increasing its operations in
this section of the list.
Evening star., 1932-06-11
L LAUSANNE PARLEY WATCHED
CLOSELY BY BANKING WORLD
Effort to Replace Hoover Moratorium Is
Vital to Business Congress- Action
Is Also Topic in Street.

that If the statesmen at Lausanne fall,
I'VE may, as Pitt said after Austerlitz,
roll up the map Of Europe 50 far as
business Is concerned"
Revival Of trade and business can
only be achieved by the restoration of
political confidence" the banking house
states. This evident fact has been put
clearly to the statesmen Of Europe by
three bankers committees which had
been asked by statesmen to make flnan-
cial bricks without necessary political
straw. 1t was emphasized by the Wiggin
Committee last August, repeated by the
Basel Committee on the Young plan
breakdown last December, and reiterated
in January by the Berlin Committee
which arranged for renewal of the
'standstill agreement But loudly
as the message has been repeated, 1t
does not seem to have penetrated to
the minds Of those who guide the
worlds political destinies; or, If it has
so penetrated, the political difficulties
that make political confidence impos-
sible have proved too obstinate for
remedy. Time is short, said the Wiggin
Committee nine months ago. 1t is
shorter still, now"
But fortunately, the bulletin adds, it
has been reported that Great Britain S
representatives will go to Lausanne de-
termined that the problem must be
settled, and are making use Of the op-
portunities afforded by the Disarmament
Conference to prepare the ground for
securing this settlement. 1t appears
that, in doing so, they will have to
hearten some of their continental
colleagues, who are depressed by the
belief that they will take their political
lives in their hands to reach any settle
ment at Lausanne. But 1t should surely
be apparent by this time to these
timorous gentlemen that failure at
Lausanne would involve much worse
dangers than the risk of certain political
regulations"
Revision Suggested.
The banking house suggests that all
the French have to do Is to permit a
sort Of tacit revision of the treaty of
Versailles, avoiding the word revision" :"
but correcting such "anomolies as the
Polish corridor which produce nothing
but bitterness and irritation" This
would do away with the exaggerated
nationalism in Germany, which keeps
France in state Of apprehension, it is
explained, and pobably gain an admis-
sicn from Germany that it could pay
something more in reparationS.
Evening star., 1932-06-11
PER CAP|TADEBT
IN j. s. ANNOUNCED
Figures for 1929 Show $1,672
Estimated on Basis of
Population.
BY the Associated Press.

authoritative estimates indicate that
the total per capita indebtedness of
the United States in 1929 was 81 ,672.
This figure was advanced recently
before the Senate Committee on Bank
Ing and Currency by George Frederick
warren, professor Of agricultural eco
nomlcs at Cornell University, and con-
Cured in by Prof. Irving Fisher of Yale
Prof. Warren said the total debts In
1929 amounted to s203 900 600, 600,
Broken down into the various classifica-
tlons, he said private indebtedness
amounted to about $170, 900 900, 600.
Whlie the public Indebtedness was in
tne neighborhood Of $4,000, ,000. 900.
Inc various items making up this
total showed that the national debt
at that time was $4,000, 900. .OCO: State
county and local, SIT 7,000, 900 900: corpo-
ration, S76,000.000 900: urban mort
cages, $4,000 900 900: bank loans. s42.-
OOO,OOO,OOO; farm mortgages, $1,000
100000; life insurance policy loans and
premium notes, $4,000 100000: retail
installment paper, $4,000, 900 900. and
pawnbrokers' and similar loans, ST.
600 900, 900.
For the purposes Of comparisons.
Prof. Warren said the total indebted
ness In 1912 was s63 3O00, 900 600. or
quo per capita, While In 1922 1t was
sl36, 100000, or 81 ,238 per capita.
AT the same time, the witness said the
national wealth Of the country In 1929
was estimated at 1862 900. 900, 900. On
this basis the total Indebtedness OF
the country was Sc per cent of the ma
tional wealth. The debts in 1912 were
"a per cent Of the national wealth,
which was sl86.000 100000, and In
1922 they were AZ per cent Of the ma
tional wealth Of 1921 ,0O0.000 100000.
Prof. Warren said the wealth Of the
country is shrinking SO fast that any
estimate at this time must be a guess
and If right today would be wrong to-
morrow. He added that in his opinion
If the physical properties OF the coun-
try were sold at todays prices a return
OF only one-half the amount that could
have been realized in 1929 would be
fortunate
Prof. Fisher. who followed Warren
on the stand, said the two main rea-
sons the debt had grown to such large
proportions were first, the war, and
secondly, speculation.