davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat., 1932-11-09

STATE OF CONNECTICUT, District
 of Waterbury. ss: Probate Court, ESTATE OF Henry Weyand, late of the Town of Waterbury, in said District, deceased.
 The Court of Probate for the Dis. trict of Waterbury, hath limited and allowed six months from tho date hereof for the creditors of said settlement. Those who neglect to present their accounts properly at- tested within aafa time, will be de- barred . recovery. All persons in. debted to said estate are requested to, make immediate payment to
 CARL l.. WEYAND, 11.9-3t Administrator.
The Waterbury Democrat., 1932-11-09
PRETTY BUM AVERAGE.
By DAN PARKER

Tn It's game with Colgate this year, New York University at- tempted 13 passes took place 30 seconds before the end of the game.
The Waterbury Democrat., 1932-11-09
STATE OF CONNECTICUT: District of WafArhNrX. aa Prnha&A NnaaAf

STATE OF CONNECTICUT: District
 November 8th, 1889. ESTATE OF Annie M. Coughlin, late of the Town of Waterbury, in said District, deceased. N
 The Court of Probate for the Dis. trict of Waterbury, hath limited and allowed six months from the estate to exhibit their claims for settlement. Those who neglect to present their accounts properly at. tested within said time, will be de. barred a recovery. All persons in- debted to said estate are requested to make immediate payment to
 GERTRUDE COUGHLIN,
 l1-9-3t Administratrix
The Waterbury Democrat., 1932-11-09
FLYNN MAY TURN PRO.

Eddie Flynn, winner of the worlds olympic weiterweieht title. ss contemplating turning profes-. sional fighter.
The Waterbury Democrat., 1932-11-09
EIks' Bowling
 Averages

Last Weeks Results
 (Oct. 31-Noy. 4) Mascoio {, Reilly 0. Lux 1, Cooke 3. Finley 1, Gribbon 3. Harpin Z, Cottiero 3. Courtney {, Monaghan o. Flanagan 8, Diveleskis l. a9 Pope !, Wolff 8. lRf Lord 1, Waters 2. R Blanchard 3, Law1or l. Wi Jar1ott 3, Demenske l. ~ verriker 1, cahill 0.
The Waterbury Democrat., 1932-11-09
sDefial Notices
Automobiles
Autos and Trucks for Sale

ATWooD's SPECIALS 1929 Chevrolet Rack Body, 1-2
 Ton Truck.
 1928 c. M. c. I 1-2 Ton Truck. 1928 Ford Panel Truck. 1928 Graham Panel Truck. 1ssS issS m mDcdge i.2 Ton s,a Truck c.,
 WY ATWOOD BROS, iNc. 249 No. Main St. Phone 3-3266 4s7 Meadow St. Phone 4-6460
 REPossEssED CARS 1031Desoto Delux Roadster 19so Rec Flying Cloud Sedan 1881 Cord Deluxe Sport Sedan 1850 Auburn Sport Coupe 1880 Chevrolet Coach 1e30 Des3oto Roadster and Sedan 1880 Pontiac Roadster 1927 Buick Sport Coupe. SIS. 1880 Buick Spt. Coupe. Standard 1929 Pontiac Coupe. Si45. giarantee. open until 9 o'clock; ail day sunday. 2so North Main St. s'ep"o Sss NORTH MAIN ST. Open Eyes Till 9--All Day Sunday ls2e---chevrolet Coach. Will sell QUICK At VAAvs AfVynhAGttA SAA1NhV- lot Co, 379 West Main St. 's1 GRAHAM PAIGE coupe, SSs5. John 1T. Collins, Inc. DeSoto and Plymouth Agency. 37 Willow St. Dial 3-1b9S.
 Atwood's Trade Tn" Bargains s2D Ford 4-door. Sedan ........S14l '2O Dodge Touring ............ $46 '2e Whippet { cyl. Sedan ...... 4eb '2e Chevrolet Coach .......... Sbb 'z6 studebaker Duplex Touring Ss0 ,2e Buick Coach .......ss..s... $40 .2e Buick Sedan ..........s...es 'zs Graham Bros. Panel Truck.slzk see Chryeler Sedan s.....sss..s t1k s25 Packard l.page. Coupe ..ss teb
 ATWOOD BROS. INC. 2lg No. Main St. Phone 3-S1Be 4s7 Meadow st Phone l.bteo
The Waterbury Democrat., 1932-11-09
For Rent Real Estate
Apartments . Tcnemenss
FOR RENT

an 3 room heated apartments. Gloria. 261 Grove street. $50 to $40 per month.
 NUHN & NUHN 141 Bank St. Tel. l-2S4e
The Waterbury Democrat., 1932-11-09
Articles Wanted to Buy

STOVES wanted. Highest cash prices paid for kitchen and parlor stoves. What have you? Phone 4-129l.
The Waterbury Democrat., 1932-11-09

LOANS TO es0o--only charge s46 q month on unpaid balanre Wa> terbury Mutual Loan Assonietion. 2 tes North Main SC Dial ssss7A
The Waterbury Democrat., 1932-11-09

BLACK--Kitchen range. Good burn CT and baker. Will sell at sacri-
 flee. 69 Grand St.
The Waterbury Democrat., 1932-11-09
Household Articles

BEAUTITUL--3 Pc. Mohair Living Room Suite. Reversible cushions. Almost new. Cash not necessary. 50 Grand St.
The Waterbury Democrat., 1932-11-09
Business Service

si Business servsces ssendsrcd
The Waterbury Democrat., 1932-11-09
Announcements

Lost ana Eound
The Waterbury Democrat., 1932-11-09
For Rent Real Estate
Apartments . renen,ents

CHESTNUT AVE, 1s9--7 sunny rooms. fine view, imp; hot water heat. Near St Margaret's Church, F. F. Brett. Dial 3-9O23,
The Waterbury Democrat., 1932-11-09

EAST MAIN ST--Victoria Bldg. 6. I and rooms. Steam heat. h. quire Bergin's Funeral Home.
The Waterbury Democrat., 1932-11-09
Rooms, Board, HoteLs
Roor,, To Let

ROOM at ' M c A. Modern fraternaI clubhouse. Big Friendly "Y." Cen. ter of city.
The Waterbury Democrat., 1932-11-09

WEI are now in position to sup ply coats. aprons and towels. Laundered weekly. Waterbury St. Dial S-i377.
The Waterbury Democrat., 1932-11-09

WINDOW CLEANING = You will save money if you send for us to dow Cleaning Go. Office, 82, Wood. lawn Terrace. Dial 4-4b17.
The Waterbury Democrat., 1932-11-09

ORANGE ST. 1895 rooms. s14:
 also. rooms, $16. Very pleasant. Good condition. Inquire premises. : Mrs Mulville or phone 4-6270.
The Waterbury Democrat., 1932-11-09

PLANs--specl eclfications, etc. Louis A. Walsh. 67 Leavenworth St.
The Waterbury Democrat., 1932-11-09

LIVING--Room, dining room and Kitchen furniture complete. Good condition. Phone 3-2579.
The Waterbury Democrat., 1932-11-09

RANGE-Oil burners. $14.76 in- stalled. Hot water coils $1.65. 8 gal. bottles. Burners repaired. Phone 4-0272.
The Waterbury Democrat., 1932-11-09
Aufom~ es
Autos and Trucks for Sale

CHEVROLET COUPE
 1929. Rumble Seat. .$135 THE BLUE RIBBON GARAGE, INC. 42S West Main st. Dial 3-5179
The Waterbury Democrat., 1932-11-09

Coach. will sell
 cuick at $12S. Loehmann chevro-
The Waterbury Democrat., 1932-11-09

1881 TORD--DeLuxe Sedan. Stude-
 baker Agency. 379 West Main St.
The Waterbury Democrat., 1932-11-09

's1 GRAHAM PAIGE coupe. Ssss. John IT. Collins, Inc. DeSoto and Plymouth Agency. 37 Willow St. Dial 3-1b06.
Nogales international., 1932-02-06
NOTICE OF SALE

NOTICE is HEREBY GIVEN
that the Oakley Motor Service of
Nogales, Arizona, will sell at public
auction to the highest bidder for
cash, one Cd Essex Coach, Engine
No. 297871, the property of John
Maxi, Lowell, Arizona, to satisfy its
lien for storage and labor on said
automobile amounting to $4,000.
SAID SALE to be held on Mon
day the 18th day of February, 1882,
at 1000 o'clock A. M. at the Oak
lev Motor Service garage, 424 Grand
Ave, Nogales, Santa Cruz County,
Arizona, under and by virtue Of
Pars. 2O42 and 2O44 of the Revised
Statutes of Arizona, 1928.
OAKLEY MOTOR SERVICE
BY G. A. Oakley
pub. 2-3 2t)
Nogales international., 1932-02-06

Nogales, Arizona, Will sell at pub
lie auction to the highest bidder for,
cash, cne ID Dodge Sedan, Engine.
No 345952, the property of Sedg-
wick r. Banks, Wildwood, New Jer-.
sey, to satisfy its. lien for storage
on said automobile, amounting to,
$4,000.
SAID SALE will be held on Mon
day the 18th day of February 1892,
at 1000 A. M. at the Oakley Motor
Service garage, 424 Grand avenue,
Nogales, Arizona, under and by vir-
tue of Pars. 2042 and 2044 of the
Revised Statutes of Arizona, 1928.
OAKLEY MOTOR SERVICE
BY c. A. Oakley.
pub. 2-3 2t)
Nogales international., 1932-02-06
TAX ON KEROSENE
TO BE REFUNDED

Uaers of kerosene in Arizona who
have been paying tax of five cents
a gallon may now obtain refund
if the kerosene purchased is not
to be used as a motor fuel. The
State Motor Vehicle division has
sent application blanks to every
kerosene dealer. Under the new rul-
ing homestead dwellers and those
who use Oil for stove fuel and light
ing are now entitled to the five-cent
refund by properly filling out the
necessary papers and mailing them
to the Phoenix office.
A ,Iogales Oil dealer yesterday dis
played one OF the blanks. The papers
arc issued in triplicate, in the form
of sales slips, showing the name
and address of the buyer if kero-
sene and the number OF gallons pur-
chased. One copy is given the buy
er, the dealer keeps one and the
third is sent to the Motor Vehicle
division at Phoenix.
The Oil station proprietor sends
II his lales slips not later than
Tue day of the following week
These are checked back against the
copy submitted by the purchase:
and the necessary refund vo1che' is
is'ued.
Nogales international., 1932-02-06
LOOKING FOR BANDIT

Deputy Sheriff Ounce Leather
man was at Fort Huachuca, We'd
nesoay, trying to locate person
suspected of being the one who
held up j. F. Kelly, furniture deal
er, Tuesday afternoon. Kelly's as
saliant is still at liberty. Kelly, who
was injured by the bandit, was
able to leave the hospital Thursday.
Nogales international., 1932-02-06
A NEW GIRL

Mr.. and Mrs. Marshall Ashb,lrn
of the San Rafael district are the
proud parents Of a baby girl born
Tuesday morning at ST. Josephs
Hospital. The mother is daughter
OF Mrs. Tom Heady, sister of Sher-
III Victor J. Wager. Mr.. Ashburn
is a brother of Mrs. r. C. Laney
OF Nogales.
Nogales international., 1932-02-06
UNDERGOES OPERATION

D. E. Whittle, manager of the
KresS store, underwent an appen-
dicitis operation Monday. It was
done, according to DR.. A. L. Gus
letter, under a system known as
"&pinal anesthesia", during which
Whittle all the time during the op-
GRAFTON was able to converse with
the physicians.
Nogales international., 1932-02-06
FROM NEW YORK

James Davey and mother, of
Rochester, N. Y, who are wintering
In Tucson, notored down to Nogal-
es Tor the polo game and dinner
dance at Casa Ana Maria, Sunday.
MIR. Davey refereed the polo game.
Nogales international., 1932-02-06

Miss Lenna Hobbs, daughter of
Mr.. and Mrs. Tom Hobbs, underwent
an operation at Tucson this week
for appendicitis. The little miss is
at the home of her sister, Mrs.
George Reade White, in Tucson.
Nogales international., 1932-02-06

Miss Mae Hueston and Miss Vera
Miller of Kansas City, who are life
time friends of DR.. Anna Mae
Smock, were dinner guests at a
dance given Saturday night at Casa
Ana Maria. There were 18 guests
at the affair.
Nogales international., 1932-02-06

Mr.. and Mrs. George A. GuSh-
ing left yesterday for their home
in San Luis Obispo, California, af-
ter aeveral days visit in Nogales,
their former home.
Nogales international., 1932-02-06
MRS. oUIROGA DIES

Mrs. Herminia de Quiroga died
at her home on international
Street at 2 o'clock Wednesday
morning. Intern1ent will be made in
the Nogales Cemetery.
Nogales international., 1932-02-06
BRUSH FIRE

Te local fire department was call
&c 20 the end of Walnut str>%t
Thursday afternoon to extinguiSll
a brush fire which did little damage
Nogales international., 1932-02-06

MIR. Sam Stone who has been
working a mining claim miles
west of Tubac, Arizona, was severe
ly bitten by a skunk last Monday
night when the skunk crawled into
his bed.
Stone killed the skunk and had
its head sent to the laboratory to
determine whether or not it was
infected with rabies. Mr.. Stone was
given medical treatment at the
First Aid Hospital, 80 Grand Ave.
Nogales international., 1932-02-06
BANKER ILL

E. L. Juillerat, manager of Banco
Mercantil & Agricola of Nogales,
Sonora, is i'll with influenza at
Casa Ana Maria.
Nogales international., 1932-02-06

F. F. Rodriguez, we'll known hard
ware dealer, left Thursday on trip
to Imperial Valley and San Diego.
Nogales international., 1932-02-06
WITH BANK

Glen Nevius, formerly with the
:>ogales National Bank, accepted a
rs't.on with the receiver of the
bank the first of the week.
Nogales international., 1932-02-06

Fred Lokn, who has been quite
ill at his home in the Bird Apart
ments, was reported yesterday as
improved.
Nogales international., 1932-02-06

John White was here Wednesday
from Tucson visiting his sister, Mrs.
Fred LoEn.
Nogales international., 1932-02-06
.1 S.t <4r I & lE1zi' In4B -lA
VISITING SISTER

M:sG Ruth Igo of Bisbee is spend
ing several days in Nogales Tisit-
ing Ter sister, Mrs. John Phillips.
Nogales international., 1932-02-06
TO TUCSON

A. E. Sanders was q business viS-
itor in Tucson Thursday afternoon.
Nogales international., 1932-02-06
SELLS POLO PONY

Warren Jennings, polo coach at
Casa Ana Maria, sold a very we'll
trained polo nony this week to
Tommy Brown of Toledo, Ohio.
Nogales international., 1932-02-06
WEATHER

Maximum temperature the past
several days was IA degrees Thurs
day and minimum, "a, Thursday.
Nogales international., 1932-02-06

Lynn Gillian of Flying B Ranch,
near Tucson, attended the polo
game at the Harrison Field Sun
day. During his stay here he was
a guest at Casa Ana Maria.
Nogales international., 1932-02-06
FROM PATAGONIA

Ralph FSleney OF Patagonia spent
Sunday in Nogales visiting with
friends.
Nogales international., 1932-02-06
NOTICE OF SALE

NOTICE IS HEREBY GIVEN
that the Oakley Motor Service Of
Nogales international., 1932-02-06

Mrs Sally Wright Grover, daugh-
ter Of Attorney John B. Wright of
Tucson, who is spending the winter
at Casa Ana Maria, spent the week.
end in Tucson.
Nogales international., 1932-02-06

Following four operations, Kelly
Shelton, son of Major Joseph Shell
ton of Camp Little, is recovering at
Selma, Ala, it became known yes
terday.
Nogales international., 1932-02-06

Mr.. and Mrs. J. B. Robinson re-
turned Tuesday night from a trip
to California. They report rain fell
in Los Angeles three days and three
nights.
Nogales international., 1932-02-06
FIN f
PRINTING

Fine feathers make fine
birds. Fine printing makes
fine advertising cam
paigns. The appearance Of
your offering g-whether it
is your product or your
literature is the first -
often the lasting-im
sion you make on your
prospective customer.
Poor presentation will
nullify the effect of your
good advertising cam
paign. Leaflets - letter
heads = booklets are your
sales tools = let us print
quality into them.
J PHONE As Z
Nogales international., 1932-02-06

Mr.. and Mrs Edward Wander
Vries of Tucson attended the polo
tea at Casa Ana Maria Sunday.
Nogales international., 1932-02-06

A. Carpena, merchant, is recover
ing from an attack of pneumonia.
He is at Casa Ana Maria.
Evening star., 1932-12-23
FEDERAL RESERVE
CREDIT ITEM OFF
Decrease of $4,000, 900 Is Reported
During the Week Ending
December 2l.
By the Associated Press.

By the Associated Press
The daily average volume of Federal
Reserve bank credit outstanding during
the week ended December 81 was re-
ported by Federal Reserve banks as
s2,l92 100000, a decrease Of $4,000
compared with the preceding week and
an increase of $227,O00,00O compared
with the corresponding week in 1881.
On December 81 total Reserve bank
credit amounted to S2,180, ,0oO, 900, a de-
cline of S9,000,000 for the week. This
decrease corresponds with a gain Of
S1l9,00O,000 in monetary gold stock,
offset in part by increases of s66 900 900
in money in circulation. S21 900 900 in
member bank reserve balances and So.
100000 in unexpended capital funds,
nonmember deposits, etc. and a de-
crease of $4,000, 900 in Treasury cur
rency adjusted.
Holdings of discounted bills declined
S6000,0 900 at the Federal Reserve Bank
of San Francisco. 100000 each at
Cleveland and Atlanta and Sl4,0 900
at all Federal Reserve banks combined.
The systems holdings of bills bought
in open market and of United States
Government bonds showed little change
for the week. while holdings of Treas
ury certificates and bills increased s7O-
100000 Holdings Of United States
Treasury notes dropped by the same
amount
Evening star., 1932-12-23
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATION

NEW YORK. December 23-Follow-
ing today's summary Of important cor
poration news prepared by Standard
Associated Press
Food Products.
Rath Packing Co. common share
earnings. year ended October 90. 81 27
VS.. $2.47 in year ended October 81, 1881.
Metals Non -Ferrous)
Alaska Juneau Gold Mining Co. de-
clared a quarterly dividend Of Is cents;
formerly paid 1912 cents quarterly.
Oil.
Texas Railroad Commission has OBJ
tanned temporary injunction restraining
two companies from permitting their
wells in East Texas field to produce in
violation of commissions closing order.
Consolidated Oil Corp.-President
states company will not make a new
offer for assets Of Richfleld Oil Co. Of
California.
Socony-Vacuum Corporation. subsidl-
ary standard Oil Co. Of New York. re-
duced its tank car price Of gasoline a
cent on unbranded grades and "a cent
on branded.
Railroad and Railroad Equipment.
New York Central r. R. reported
company will accept recommendation OF
New York Public Service Commission
that IS per cent increase In commuta-
tion fares on Hudson, Harlem and Put
nam divisions, temporarily in effect, be
made permanent and application for a
40 per cent increase In communication
tariffs withdrawn; the 20 per cent in
crease in family trip tickets also would
be accepted.
Pere Marquette Ry. deficit IL months
ended November 30 s2,S79,83l. vs., def
cit s1,726.751.
Reading Co. November net railway
operating income of 29l per cent; ii
months up 30.6 per cent.
Southern Pacific Co. November net
railway operating income was of 49.2
per cent: II months of 74.6 per cent.
Steel and Iron.
Dominion Bridge Co., Ltd, common
share earnings year ended October 81
$1.49, vs.. 1923.
Theaters, Etc.
Paramount -Publix Corporation deficit,
quarter ended October l, $5,206. 1897. VS..
estimated net income Of 81 $4,000 in
quarter ended September 80, 1881.
Utilities.
American States Public Service Co.
declared regular quarterly dividend Of
$3.50 on $6 preferred stock.
Eastern Utilities Associates common
share earnings, IL months ended No
vember 80, $2.55, VS.. $3.06.
Middle West Utilities Co.-Protective
Committee, headed by c. s. Dewey, has
obtained deposit of more than so per
cent Of outstanding notes Of the COM
psny and was preparing to act toward
recovery Of $8,302,947 Of collateral
pledged within four months Of receiver
ship for loans from bankers.
National Power & Light Co. common
share earnings, IL months ended Oc-
tober 81, 81 80. vs.. $1.72.
Tampa Electric Co. common share
earnings, ~ months ended November
80. $220, rs. $2.63.
Evening star., 1932-12-23
STOCKS IRREGULAR.
AS OFFERINGS GAIN
Tax Selling Is Again a Fea.
ture in Market-Rai!S
Weak.
BY GEORGE T. HUGHES.

Special Dispatch to The Star
NEW YORK, December 23.-Stocks
put up somewhat better resistance to
pressure today than yesterday, but they
did not rally.
New lows on the movement were
established by a majority Of the leaders,
although generally only by fractions
For brief time in mid-afternoon thI
list hardened but the close was arouni
the low CT the day.
1t was still tax selling that weighed
down most heavily on prices. Brokert
reported that liquidation of this char
actsr was much larger than had been
expected Presumably II was for &C.
count of holders Of large means, who
were offering stocks held more than two
years. Much of it was directed against
railway shares but it was in evidence
against those utilities and industrials
which had suffered most severely dur
ing the bear market.
Concern was still expressed about the
weak carriers. meaning those saved
from receivership only by Government
aid A cheerful note was the prediction
IlIdI IIlc Cal lOdUlUSS statement 10 Dc
given out tomorrow will show the small
est percentage decline from the corre-
spending period year ago of any this
year. The figure of 1912 per cent was
mentioned as the decrease The New
York Central, it was stated, was cur
rently experiencing better traffic than
a year ago.
The market opened not much changed
from last nights close and trading con-
tinued at slow pace during the morn
ing. Various stocks went into new low
ground for the reaction without increas-
ing volume. Among them were Ameri-
can Telephone g. Telegraph, United
Aircraft, j. l. Case, Atchison and Gen.
eral Electric. Most Of these losses were
only fractional Case, however. was
sold on unofficial estimates that tho
company would show an operating
deficit when all the returns for the
year were in
The general news was not Of q char
acter calculated to inspire optimism.
Sterling exchange was down only \,
and Francs were unchanged at the
opening. Montreal funds were slightly
higher. The relative steadiness in
sterling was one of the few gratifying
situations. For the immediate present,
however, 1t is the domestic and not the
foreign situation that influences prices.
Even that will not be clear until the
tax selling Is over en- the last business
day of the year.
Evening star., 1932-12-23
POTATO MARKET.

CHICAGO, December % R.-
United States Department Of Agricul-
ture) Potatoes. receipts, 43 cars, on
track. 125 cars; total United States
shipments, 467 cars; about steady; sup
plies and trading moderate; Wisconsin
round whites. 75a77la. unclassified. 65a
IS; Idaho RuSSets mostly 1.10a1.15: few
fine quality, 1.2oal.25; partly frozen,
l.00al.l0.
Evening star., 1932-12-23
BANK INVESTMENTS
REVEAL SHR|NKAGE.
Changes in Capital Status
Are Shown in Annual
Controllers Report.
Special pispatch to The Star.

Special Dispatch to The Star
NEW YORK, December 23.-The re-
port of the controller of the currency
which has just been published for the
year ended June 80, 1882, contains
much valuable data on the subject of
bank investments and the shifting trend
of purchases for bank portfolios in the
past decade.
One section of the document presents
figures giving q picture of the effect on
the capital status of banking institu-
tions of the losses they have expert
enced since 1929, not only in their in
vestmentS in securities, but in their
loans and discounts.
Securities Losses Larger.
This feature of the report is undoubt-
edly of greater interest today than any
other. Taking the period from 1918 to
1892 inclusive, which covers two de-
preston eras. the statistics indicate that
there have been higher percentages OF
losses on securities than on commercial
stance, in 1920 and in 1921 the average
percentage of loss charged of on Sc
curities was 1853 per cent. compared
with .43 per cent on loans and dis
counts In the years 1930-32, inclusive,
the average annual charge-off on the
one was Its per cent and on the other
1.55 per cent. In the fiscal year ended
last June the loss ratio of 2.8O per cent
on securities was the highest for the
entire period and compared with 2.53
per cent on loans.
In tranSlating these losses into dol
lars, 1t Is found that, for the 1930-32
term, the amount charged off for losses
on bonds and other securities totaled
1881 100000. while that on loans and
discounts was $3.50, 100000. This un-
a "standstill' agreement on securities
between the banking authorities and
the banks, under which the latter are
permitted to carry deprecated bonds at
prices we'll above the market, and the
d.sinclination to assume losses except
where this is arbitrarily compelled, as
in the case Of defaulted issues.
Dividend Changes.
There has been. however. q direct
effect of this capital shrinkage on the
surplus and dividend items in the COM
bined banking statements. For in
stance, in 1880 the total surplus re-
ported by the national banks was ST.
591 ,339 900 and in 1882 it had dropped
to $1,259, 9,425, 900. This decrease of
about 1892 ,000, 900, or over 20 per cent
represents the most striking change that
has taken place in the banking capital
structure in years. At the same time
dividends paid in 1890 in the amount Of
S237, ,000,0 900 had been reduced In 1882
to $169, ,000, ,oo0, q percentage of decline
much in excess of that taking place in
the surplus account. The trend toward
smaller dividends has been continued In
the first half Of the present fiscal year
and q likely 10 30 on for some time.
(Copyright. 1897
Evening star., 1932-12-23
Markets at a Glance

NEW YORK, December % R).-
Stocks irregular; list resists further
selling. Bonds irregular; some rails
rally. Curb irregular; changes narrow
Foreign exchanges steady; sterling
higher Cotton higher; pre-holiday
covering, trade buying. Sugar quiet.
Cuban support. Coffee higher; trade
covering.
CHICAGO, December % OP.-Wheat
easy; rains Southwest; season low prices
broken. Corn unsettled; shipping de-
mand better Cattle semi -demoralized:
fully 25 lower. instances so: narrow
demand. Hogs active; 1920 higher;
light run.