davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-04-10
INVESTMENT BOND
PRICES IRREGULAR
U. S. Group Gains During
Week, but Corporation
Issues Decline.
Special Dispatch to The Star.

NEW YORK, April s.-Two years
and half after the crash on the stock
exchange-after a period of liquidation
and def1ation unparalleled in economic
history-the investment market this
week pursued more emphatically than
ever two widely divergent paths.
United States Government and prime
municipals- that give the
maximum in safety and offer an escape
from increased taxes-puShed ahead to
new high prices for 1882, while cor
poration bonds, no matter what their
grade, were sacrificed at the lowest
prices that have prevailed in this group
since war days. .....
Standard Statistics index of so rep
resentative bond issues was forced under
the low of last December, with scarcely
a pause at what has long been consid-
cred definite level at which important
support would be met. AS a matter
of fact volume was not large and the
ease with which the corporation list de-
cltned was chiefly due to the almost
entire absence of bids from the market.
forced selling, Governments and munic-
ipals did not hesitate on their up
ward path. Liberty and Treasury loans
were all marked up to new highs for
the year. But the popularity of these
bonds, which are only taX-eXempt to
an individual to the extent of SIS 900 of
income, was small compared to the de-
mand for municipals, which are entirely
taX-exempt.
The market had confidently expected
that the New York Federal Reserve
Bank rediscount rate would be reduced
as bill ra%es and time money have for
some weeks been out of line with the
rediscount rate of per cent The
obvious determination of the Treasury
authorities to keep Government bonds
at high levels was taken as assurance
of a continued cheap money market,
and a lower rediscount rate would be a
logical development in this direction.
The New York rate was not cut, nor
did the Bank of England reduce its
rate, which is also out of line with
the Lombard Street Money Market
However, the Federal Reserve added
hugely to its holdings of United States
Government securities, and at the week
end, with banks calling market loans as
a result of liquidation of stocks, there
was heavy purchasing of Treasures and
Liberties by these institutions. On Fri
day the surplus funds of the large com
mercial banks were going begging, and
the bankers were publicly admitting
their inability to find safe borrowers
Such a situation naturally resulted
in pushing Governments and municipalS
UP to levels at which their yields, for
the first time since the Fall of 1890
approximated the income to be derived
from funds in the money market
(Copyright, 1922
Evening star., 1932-04-10
SHARP WHEAT CROP
REDUCTION is SEEN
98, 500, ,000-Bushel Yield Predicted
for Kansas Winter Belt by
Official Observers.
BY the Associated Press.

BY the Associated Press.
TOPEKA, April ga 98. 500 ooo-
bushel Kansas Winter wheat crop this
year-only slightly more than two
flfths of the States record production
of 239, 742,O00 bushels in 1881 - was
officially forecast today on the basis OF
April condition
The indicated yield for this wear
would give the country's chief wheat
producing State its smallest crop since
1925. 1t compares with I66 ,I85. 900
bushels produced in 1880 and 148, ,0l8,-
600 bushels in 1929.
Condition of the crop on April l was
rated "a per cent of normal-the low
est since 1925.
While the Federal and State Agri-
culture Departments reported the full
extent OF abandonment because of
Winter killing, high winds and other
causes was not known at this time,
they said correspondents estimated ap-
proXimately 20 per cent of the acreage
sown last Fall would not be harvested.
Farm stocks of wheat on April l
were estimated at 40,778,00O bushels
compared with SIS 10000 bushels on
March this year and 15,O03, 900
bushels on April l, 1881.
Evening star., 1932-04-10
GENERAL FOODS ADOPTS
NEW PRODUCTION PLAN

Special Dispatch to The Star.
NEW YORK, April "a new plan
permitting closer production control,
which involves the company's 18 prin-
cipal plants and the creation of two
important new manufacturing positions,
Is announced by Austin S. Igleheart,
vice president in charge of production,
General Foods Corporation.
Under the new arrangement r. r.
thomson, who has been in charge of
several manufacturing operations in the
west, with the title of general super
intendent, will continue with the same
responsibility as manager of eight West
ern plants, one of the newly created
Offices.
Udeu c. Young New York, who has
been general superintendent of the
Maxwell House Coffee division, becomes
manager Of leading Eastern plants.
Evening star., 1932-04-10
UNTITLED u. S. STEEL
ORDERS SHOW DROP
Decrease of 1926 Tons, Revealed
for March, Is New Low.
Record.
BY the Associated Press.

BY the Associated Press.
NEW YORK, April 9.-Unfilled
orders of the United States Steel Cor
poration decreased 1926 tons in March
to total of 2,472.413 tons, a record low
since the corporation has been report
ing monthly figures. In February there
was a decline of l02,521 tons.
Few attempts to estimate the shrink
age had been made, although some
forecasters believed the backlog would
fall to around 2,400,000 tons. Steel
operations were disappointing last
month for the industry failed to ex-
perience a seasonal gain.
In March, 1881, the steel corpora
tons untitled tonnage rose 30,136 tons
has been an uninterrupted decline IN
the monthly figures. t4
Evening star., 1932-04-10
NEW ENGLAND SHOWS
BUSINESS ADVANCE
Manufacturing Plants More Active
With Increase in Building
Contracts.
Special Dispateh to The Star.

opeCIdI DlSphICh TO The Star.
BOSTON, April 9.-For the second
consecutive month this year, conditions
in New England improved more than
seaSonally over the previous month,
according to the March Summary Of
New England Business Just released by
the National Shawntrt Bonk The bank
reports that not cnlv were the New
England manufacturing plants more
active in February but the number of
wage earners was larger in Massachu-
setts MANUFACTURES and average weekly
earnings per wage Garner also increased
slightly. There was more than a sea-
sonal increase in the value of building
February.
Evening star., 1932-04-10
OFFICE SAFES GIFTS
IN BERLIN STREETS
By Cable to The Star.

BY Gable TO The Star.
BERLIN, April 9.-Office safes are
now being given away in Germany, and
anybody can have them by paying the
cost of transportation. In fact, If one
is lucky, he may find a safe in the
street.
This remarkable fact, which speaks
volumes for the German situation, is
literally true Since the end of last
year, IL large office safes have been
removed by the police from public high
ways, where they had been thrown by
their owners, who had gone bankrupt.
(Copyright. 1922
Evening star., 1932-04-10
New Municipal Financing.

NEW YORK, April R.-New
State and municipal financing sched-
uled for next week by 81 muncipali-
ties totals only s5,906. .685, as COM
pared with s45,589.223 during the
past week, according to the Daily
Bond Buyer The weekly average
of new bond offerings for the year
to date Is S22,064,1 1876. ..t..
Evening star., 1932-04-10
DOLLAR BUYS MORE
NOW THAN IN 1926

The investors dollar today buys 125
per cent more assets, 1925 per cent
more surplus and 176 per cent more
earnings than in 1925 according to an
analysis of 80 high-grade common
stocks made by the Administrative g.
Research Corporation. New York.
A comparison of the above figures
with the investment purchasing power
of the dollar in 1929 shows that at
year end prices dollar would pur-
chase 10 per cent in assets, 90.2 per
cent in surplus and 90 per cent earn
tngs, as compared with 1926.
Evening star., 1932-04-10
Factory Pay Roll Increased.

MARTINSBURG, w. Va, April 9
Especially Heavy demand for a par
ticular type of mems hose here has
forced interviewer Mills. Inc, manu-
facturers, to place two eight-hour shifts
on machines producing this type, it was
said today. At the same time a num-
ber of machines are being replaced by
others which will turn out the heavily
demanded type.
Evening star., 1932-04-10
BRITISH WELCOME MELLON.
New United States Enjoys Counsel viii
Be Sought.
BY LEONARD j, REID.

% H7H-O4N4hHRI1 q AsHHD'
Associate Editor Of the London Economist.
Special Gable to The Star.
LONDON, April 9.-The financial
district welcomes the arrival here Of
Andrew w Mellon, American Ambassa-
dor. whose financial experience and
prestige opportunely are reinforcing the
ranks of London's diplomacy at a criti-
cal juncture.
Though failure of the four-power
conference this week means that the
problem of Southeastern Europe is
complicated by French versus German
and Italian antagoniSms and that the
prospect of the new deliberations at
Geneva is not so promising. the real
obstacle to recovery is the unwilling
ness of all countries to accept the
necessity of painful readjustments.
Copyright. 1882.
Evening star., 1932-04-10
Stock Exchange Seat $4,000.

NEW YORK, April (P).-Arrange-
ments were made today for sale of
New York Stock Exchange membership
at $4,000. This was 81 900 under the
previous transaction and Q new low
since 1924. "*
The Washington times., 1932-09-28
CROSSING RISKS
ON DECREASE

There were fewer casualties at
railroad crossings this year than
last year, according to the Amer
lean Railway Association. Per-
sons injured so far this year
total 1873, a decrease of $50
compared with 1881.
A survey Of records for the
first six months this year showed
that accidents at highway grade
crossings totaled 1897. a de.
crease of AIT as compared with
the corresponding perAod last
year. Deaths resulting from
these accidents totaled 751, a
reduction of ITO compared with
last year.
The Washington times., 1932-09-28
CRISP POST DUE
RAINEY Or
COLLIER

The burden of revenue legisla-
ton in the House next session
will fall upon Representative Col
lier CD of Mississippi Or Repre-
sentative Rainey CD of Illinois
as a result of the appointment of
Representative Crisp CD of
Georgia to the Tariff Commis-
sion.
During the last session Crisp,
as acting chairman of the Ways
and Means Committee, bore the
brunt of the fight over taxation
and the soldiers bonus. He as
sumed the position after Repre-
sentative Collier, chairman OF the
committee, became i'll early in the
session.
Confirmation Expected
Collier is a candidate for re-
election, and has improved in
health. If he should be unable to
fill the duties of chairman,
Rainey, who also is floor leader,
would fall heir to the post.
Friends of Crisp are confident
he will be confirmed by the Sen
ate next winter. Many of the
powers in the Democratic leader
ship on Capitol Hill, it was
learned, backed him for the tariff
post.
Power FavOrs Denied
Near the close of the last ses-
sion Crisp was charged with hav-
ing shifted the 3 per cent TX on
electricity to the consumers.
His friends declare the charge
that he sought to favor power
companies was unjustified. They
pointed out that when he first
suggested a tax on electricity the
big power companies bombarded
Congress with protests.
Crisp will resign as soon as he
attends to pressing matters affect
ing his district. He said he would
quit so that a special election
may be held Nocember to fill
the vacancy.
The Washington times., 1932-09-28
League In1pOtent,
Sen. HOUeLL AUerS

Blunt warning of President
Eamonn de Valera, of the Irish
Free State. to the League of Ma
tions' assembly in Geneva that the
League must produce results or
perish. drew this statement yester-
day from Senator Howell (R.), Of
Nebraska:
"Mr. de Valera is talking pub
lie secrets out loud. The history
of the League of Nations is
marked by ineffectiveneSS on
matters of large moment. The
big boys will play along with
the League as long as it does
not step on their toes. The long
er we stay out of the League the
less we will have to regret"
The Washington times., 1932-09-28
Adventist Begins
Lecture Serie s

A series Of lectures on Biblical
subjects was begun this week in
the Washington Sanitarium gym
naSium by Elder F. c. Gilbert,
who was educated as a rabbi and
then converted to Adventism,
opening his series this morning
he is to lecture again at GAS
p. m, and Friday evening at
7:45 o. m.
The Washington times., 1932-09-28
Alleged Runlrunner,
Held in $500 Bond

Arrested while driving an au'
tomobile containing one case OF
liquor on the Livingston Road
yesterday, Robert Waters, of Mar
bury, Md, was placed under $500
bond by U. S. Commissioner j,
Frank Parran, at Upper Mari.
boro. He was charged with trans
portation and possession of
liquor.
The Washington times., 1932-09-28
DEPARTURES FROM MORN

DEPARTURES FROM NORMAL
Accumulated excess of temperature
since January I, 1882, 7S1.
Excess OF temperature since Sep
tember 1. 1882 So.
Accumulated deficiency of precipita-
tion since January 1, 1882, 1.64.
Excess of precipitation since Septem-
Der l. 1882, 1.29.
TIDE TABLE
Today-High tides 6:1O a. m. and
$40 p. m; low tides 1879 q. m. and
l p. m.
Tomcrrow-High tides 6:5S a. m.
and 1926 ,. m; low tides 1:21 a. m.
and 1:G2 p. m.
SUN AND MOON
The sun rises today SOL a. m.
and sets 5:56 p. m.
The sun rises tomorrow S;O2 a. m.
and sets 554 p. m.
The moon rises today $3.50 a. m.
and sets 5O7 y. m.
The moon rises tomorrow 5:12 a. m.
and sets 532 p. m.
The Washington times., 1932-09-28
BlNGO FOR ELKS

The Alexandria Lodge of Elks
will resume its bingo parties next
Tuesday night in the auditorium
of the ElkS Home. The proceeds
will be devoted to charitable work.
The Washington times., 1932-09-28

LOCAL TEMPERATURES
The Washington times., 1932-09-28
FALL REVIVAL HELD

The annual fall evangeliStic
services are being con duct e d
nightly at the Florida Avenue
Baptist Church under the direc-
ton of DR.. A. j. Tyler, pastor of
Mt. Airy Baptist Church.
The Washington times., 1932-09-28
The Weather

For the District of Columbia-Fair
and cooler tonight and tomorrow /;
moderate west or northwest winds.
For Maryland and Virginis-Fair
and cooler tonight and tomorrow, prob
ably light frost in extreme west
portions tonight
LOCAL TEMPERATURES
The Alaskan., 1932-04-08
Send United Delegation

to the Republican convention. This is a party conventional place where democrats have TO place-a place where independ- entS have no place. If Jack has gotten religion and come back to the folds of Republicanism, there has been no demonstra tion made of which we are a. ware. True, the Prodigal son was received with open arms by his father after he, the son had wasted his inheritance. And it is remembered that the son who stayed at home was none too well pleased over the demon stration made by the father who killed the fatted caf and made merry over the return of the son. But it is also true, that the son was SorroWful of his actions. Those who have fought for the Republican party in Alaska are Ike the son who stayed at home they resent men wiggling in and out of party lines and play ing first one hand and then the other. And Jack Davies has not yet demonstrated to the cleo torate that he is playing the party game as Republican. Comparing the records of Doc Chase and Jack Davies, Ted Hungerford and Karl Theile, we cannot see how any voter can remain consistent support CTS of the home rule idea ard give their votes to Davies and 1 Theile.
 The combination which this publication is supporting is E. s. Rasmuson for national com mitteeman, E. s. (Ted) Hunger ford and w. H. Chase for dele gates to the republican conven- tion, Cash Cole for Auditor. The Legislative ticket is of no i'm portance in the primary this year as there is no-contest. And we here state the definite policy towards all those we support their political actions, fit e I election we expect them to base upon the honest convictions of their own mind and heart. They are tied by no political or apron strings.
The Alaskan., 1932-04-08
Post Mortens

a stirring one and a vigorous one. There are no apologies to be made the candidates-the Aus trahan ballot, the last voice of the people was used The maj ority have spoken.
 The future of the town de- mands that the factional lines be eliminated-whether it be political or racial. There is no place in the American system of government for the race or caste system and therefore the con tinued firing of prejudice thru racial animosities) is without d place in the entire town.
 There is but one objective; there is but one problem to be faced; What will be of greatest benefit to the town for it's pro- gress and development. A united and undivided support fro I'll every section of the town. the
The Alaskan., 1932-04-08

Political post mortems as a rule are more injurious to indi- viduals and communities than most people are aware of. They lead to political recriminations which are spiteful and hurtful and small. The unkind word, the indecent word, the words cast with the idea of doing hurt, go on and on without end into eternity. After they have passed the lips of the speaker they can never be taken back-however much they may be apologized for. They live in the minds of those to whose hurt they are used and they live as specters of the past to remind the heart which uttered them of the smallness, the lack of bigness which permitted contemptile words to be uttered.
 The past city election has been
The Alaskan., 1932-04-08
Pinchot, Third Party Stirs COP.

in the Republican convention and follow the usual strategy of fighting for adoption of a pro- gressive platform. After being f1attened by the old guard steamroller, they will feel free to support whom they like for President.
 Despite the fact that the spirit of revolt is rampant, the progressives just now favor waiting to see if the Democrats nominate a liberal candidate, rather than taking the field with a new party. If they be- come disgusted later with the nominees of both old parties, they might turn to Pinchot and ask him to enter the lists.
The Alaskan., 1932-04-08

There are two theories o1 government that have been con tending with each other ever since government began. One o1 them is the theory which in America is associated with the name of a very great man, Alex ander Hamilton. A great man in my opinion, not a great A. merican. He did not think in terms of American life.
 Hamilton believed that the only people who could under stand government, and there fore the only people who were qualified to conduct it, were the men who had the biggest fnan- cial stake in the commercial and industrial enterprises of the country.
 That theory, tho few have now the hardihood to profess it openly has been the working theory upon which our govern raent has lately been conducted. It is astonishing how persistent 1t is. It is amazing how quickly the political party which had Lincoln for it's first leader Lincoln, who not only denied, but his own person so complete ly disaproved the aristocratic t h eory-it is amazing how quickly that party, founded on faith in the people, forgot the preceptS of Lincoln and fell un,- der the delusion that the mass es' needed the guardianship 0f men of affairs
 Who have been consulted when important measures of government, like tariff acts, and currency acts, and railroad acts were under consideration? The people whom the tariff chiefly affects, the people for whom the currency is supposed to exist, the people who pay duties and
The Alaskan., 1932-04-08
HOOVER IS MUM

The most authoritative in formation available represents President Hoover as holding his dry views, despite a pronounced desire among some Republican leaders to resubmit the prohibit tion issue to the country.
 Renewed activity over the prohibition question has led to many attempts to elicit from Hoover some public statement ot his attitude on what position the party should take this year. He has declined to make one.
The Alaskan., 1932-04-08

For two years Earl N. Dinner served as mayor of the town ot Petersburg. There are more duties .crammed into that office in that time than many citizens gre aware of and as in every other elective office there is but little thanks for the gratuitouS efforts of the officer. Whatever may be said, MT. Dinner gave strenuously of his time and eff fort to perform the duties of his cffice. AS president of the Pe- tersburg Commercial Club he has yet many duties to perform that will be of benefit to the town And there is no que, tion that he will have more time to devote to those efforts through that or ganiza ion to further the inter eStS of the town.
 Enters the new mayor, Edward Locken, upon his duties. There are civic and financial problems ahead of the council which will tax the thought of that body and it's president. The present economic condition is not un- familiar to the new council and Mayor. He is entering upon his duties with the determination
The Alaskan., 1932-04-08

Political chills went coursing up and down the spines of old guard Republicans with reports that Gov. Clifford Pinchot Of Pennsylvania might be induced to head a third party progressive movement.
 While the practical Pinchot is we'll aware a third party has little chance of carrying the country, his candidacy would play havoc with the Hoover vote in the discontented areas of the farm belt.
 Defeating President Hoover for reelection would hardly bring grief to Pinchot, after the way in which the administration and the Republican national committee sought to bring about his defeat for governor in 1880. Pinchot has never forgiven the Hoover forces for that.
 Ready For Fight l At any rate the Pennsylvania governor has already engaged headquarters for the Chicago convention, even though he will 1 not be included in the roster of delegates from his state. If a bolting movement should start, Pinchot, according to reports will gladly participate in 2 trump convention, and even ac- cept nomination for President The chances are, however, that the progressives will stay
The Alaskan., 1932-04-08

The Women's Primary Club of Juneau is taking up the cud- jeols in defense of their rights and the rights of the Territory. The Club in Ketchikan has been active for several months work ing in a larger and broader way to elect the best available ma- teriaI to office. They are non- partizan-they are demanding protection of their rights which the political racketeers of Ju- neau and elsewhere would rob them of.
 The Club in Juneau is now taking up the battle in an effort to nominate and elect E. s. Hungerford of Petersburg and w. H. Chase of Cordova. E. S. (Ted) Hungerford is not un- known in Petersburg and Wran- gell. There is nothing wishy Washy about him. He does not play both ends to the middle in order to secure favor. He strikes out squarely from the shoulder and lets the whole world know where he stands, what he stands for and why he stands for it. He has crossed swords with the Bureau of Fisheries and the Forest Bureau. Knows whereof he speaks when he condemns them for the nefarious schemes they have pulled off and still attempt to pull of. He is being opposed by Karl Theile of Ju- neau, federal official, secretary of Alaska for three terms and still looking for more gravy, owner of a cannery and em- ploys no fishermen but uses his trap system entirely.
 w. H. Chase of Cordova served cn the Alaska Game Commission end for his years of valued ser vice to the Republican party in Alaska was kicked off and re- placed by one more servile to the interests of the buric rats. Jack Davies of Ketchikan is opposing Chase. Jack has been in politics before and met with Gisfavor at the hands of the electorate. Outside of wanting to go to Chicago he has not advanced any good reason for running for the job of delegate