davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-02-29
MARKET AID SEEN
IN CREDIT RELIEF
Securities Prices Expected to
Rise Through GLASS;
7gall Measure.
b. I.iARLES W. STORM.

EDITOR tHe news service OF wall STREET
Special Dispatch to The Star
NEW YORK. February 29.-with the
signing of the GlaSs-Steagal bill by
President Hoover and the beginning of
functions under its provisions. re-
sumption Of the upward movement in
the general stock market Is expected
this week
The broadening of the credit base OF
the Federal Reserve act. as provided
under the Glass-Etcaeall measure, will
assure billions IN cash and credit FOR
the resumption of commercial and In
duStrial activity.
The inability O. business people 10
obtain credit at their banks retarded
expansion. Improvement IL c4edt
conditions. II addition to boistering
confidence in the stability of banks.
will be utilized TO finance business bet
termsnt.
Money also Is expected to return from
hiding places as a result of the i'm
provement III the financial standing of
banking institutions Throughout. tie
country.
Public interest in the general market
at this time is negligible. This is IN
dlcated by the astonlshingiy small VOL
ume of brokers loans Some Of the
SslFes trying to lena their working cap
ltal III the cal! money market
Much is heard these days about the
public having no money with which
to purchase anything. 1t was proved
recently by the piano industry that
there is plenty of business available.
provided statesmen go after it in an
aggressive manner.
Orders for pianos in past years have
come in through the front door but
with the depression business fell off to
a minimum. An intensive drive for
new business was inaugurated six
months ago, with the result that those
companies which participated in the
drive have had the best six months
period in years
1t is argued that if pianos can be
disposed Of, more neceSsitous articles
can be sold
The constructive steps taken to i'm
prove the economic situation by the
Washington administration already are
having a stimulating effect on the gen.
eral bond market. Further improve
ment in the bond market probably
would extend to preferred stocks and
then to good common shares.
Copyright, 1882, by the North American
Newspaper Alliance, Inc)
Evening star., 1932-02-29
EARNINGS REPORTED.

A net loss of $885,270 for 1881 is
shown in the annual report of the J. L.
Case Co., issued today This figure is
after interest. depreciation and an ex-
traordinary charge of S1,049, 900 for de-
cline in the value of foreign currency
assets in foreign countries to exchange
rates at December 81, 1881. This COM
pares with net profit in 1880 of $685.
100, equal to $9.67 share
North American Aviation, Inc, re-
ports for 1881 net income of 1901, ,819.
against S1,9l1,111 the preceding year.
In statement to stockholders, H. E.
Talbot, jr., chairman of the Executive
Committee. said that met income of
your company was materially effected
by the initial development work on a
number Of contracts on Government
oSders for new planes and other prod
ucts, which 1t Is anticipated will result
in profitable future operations"
Evening star., 1932-02-29
Grain Market

BY the Associated Press.
CHICAGO, February 2e.-Contrast-
ing with securities, grain prices went
downward early today. Lower quota
tions on wheat at Liverpool owing to
enlarged supplies IN Great Britain had
bearish effect.
Opening unchanged to u OF, Chicago
wheat futures subsequently receded all
around. Corn started at q shade de-
cline to baA advance and afterward
sagged.
Hopes of improved demand for North
American wheat tended to curb set
backs in the market here. Another
check on declines was that prices were
so low few spectators apparently saw
much incentive to sell. The fact that
monthly unoficial domestic crop sum-
maries were due tomorrow tended
further to make traders temporarily
reluctant to enter into new commit
ments.
Gables reported that as a result of
heavy arrivals stocks of wheat and flour
at Liverpool had increased 900, 900
bushels this week. A sudden cold wave
overspreading European continental
countries gave promise Of larger pur-
chases by importers IN various direc-
tions. Meanwhile, the amount of wheat
on ocean passage was almost the same
both as week ago and at this time
last year. Corn and oats followed
wheat.
Provisions were steadied by upturns
in hog values.
Evening star., 1932-02-29
Business Notes

NEW YORK, February 2s.-The
February volume of business closed by
local mems wear stores. excepting one
or two large organizations, fell con-
siderably below the corresponding
month of last year, according to ex-
ecutives' reports. One of the principal
exceptions was said to be an important
chain organization, which by intensive
promotion was able to increase it dollar
volume by nearly Is per cent.
Exporters are more concerned over
foreign exchange problems than their
inability to extend long term credits to
foreign buyers, according to information
supplied to the American Manufacturers
Export Association by producers in a
wide variety of industrial lines In
answer to QUESTIONABLE, a majority
of the manufacturers said that foreign
exchange was proving more of an
obstacle to foreign sales activities than
any other one factor.
1t is reported that several well estab-
lished luggage manufacturers have
joined forces to correct abuses in the
credit situation growing out of the
numerous reorganizations and bank
ruptcies affecting certain dealers and
smaller manufacturers.
Evening star., 1932-02-29
RATE BILL
WINNING SUPPORT
Johnson Measure Would De-
prive Federal Courts of
Jurisdiction.
BY GEORGE E. DOYING.

The State commissions which regu-
late public utilities are attempting to
mass their forces behind bill intro
duced by Senator Hiram johnson of
California designed to deprive Federal
district courts of their Jurisdiction in
rate cases, 1t was disclosed here today.
The movement is being conducted
by Charles M. Thomas, who consti-
tutes the one-man commission of the
State of Oregon, the only one of the
kind in the United States.
Mr.. Thomas has advised the Oregon
members of Congress that unless utili-
ties forego the sanctuary of the Federal
district courts in injunctive proceed
ings and voluntarily submit to the
jurisdiction of the State courts for the
determination of their rights, the State
of oregon will be compelled to go to
public ownership"
Unless relief can be had and juris-
diction removed and Cancelled as to
lower Federal courts, he said, "regu-
lation is failure"
Senator Johnson's bill would deprive
the district courts of jurisdiction to
enjoin, suspend or restrain the enforce
ment of any order of an administrative
board or commission of State where
Jurisdiction is based solely upon the
BlOulld VI ulNSiolty VI CltIACllSlllp vi CliS
repugnance of such order to the Con-
stitution of the United States, and
where an efficient remedy may be had
in the State courts.
Many of the State commissioners,
mainly in the West and South, have
declared themselves in favor Of the
legislation. Their expressions led Mr..
Thomas to assert that they had de
veloped an amazing situation in that it
appears to be practically agreed among
the commissions that regulation cannot
continue unless the proposed legisla-
tion is procured
member of the New Jersey Com
mission, however, while agreeing that
"the situation has become intolerable," "
does not agree with the remedy sug-
gested for its correction. The COM
ment from this State was that the
remedy is entirely one of procedure,
and that method should be adopted
whereby the Federal Court should re-
ceive the entire record made before the
commission.
Copyright, 1922
Evening star., 1932-02-29
SALES OF U. S. GOODS
IN MEXICO ON INCREASE
BY the Associated Press.

BY the Associated Press
An increased demand for American
goods in Mexico is seen by the Com
merce Department in the return of
more than 1000 Mexican citizens in
1881. 1t is pointed out that each of
these persons returning to Mexico took
with him a knowledge of American
merchandise, thus creating a potential
increase in the demand for American
goods.
MANY of these returned emigrants
bring with them children born and
reared in the United States" the de-
partment said. These children, as well
as their parents, have absorbed new
ideas and new ideals They also bring
household belongings and, in many in
stances, agricultural equipment, farm
animals and knowledge of modern
agriculture greater than they possessed
when they left for the United States. "
Thus, the department feels, their pres
ence in Mexico will assisNin creating a
demand among their associates for
many items not now in general use
among Mexicans
Evening star., 1932-02-29
ADVANCE IN BOND
PRICES CONTINUES
Japanese Issues Gain on
Reports of Peace Move
at Shanghai.
BY F. H. RICHARDSON.

Special Dispatch to The Star.
NEW YORK, February 2e.-The bond
market continued its advance today.
Trading was moderately active.
The market had new foreign and
domestic developments as factors in
pushing up bond prices. On news Of
the peace moves made at Shanghai
Japanese government bonds ran up 8
to points. The 6ias recrossed 10 and
the 515s got above co. Toxic 5l2s,
Toxic Electric IS, Taiwan 5l5s Yoko-
hama IS and other japanese issues
moved up proportionately.
There were advances elsewhere in
the list of foreign dollar bonds. Ger
man government 515s and Dawes repa-
rations rs were both about point
higher. Strength was shown by Italy
rs, French government rs, Great Britain
512s and Australian government issues.
South American issues also improved,
most maturities of the Argentine 6s
advancing more than 2 points.
Canadian exchange was f1rmer and
with it the list of Canadian governments
and government-guara descrip-
tions. Active buying of Canadian Pa
ciflc common on the Stock Exchange,
on reports that the road may take over
operation of the Canadian National,
was reflected in better prices for Cana
dian Pacific As, Canadian National OBJ
legations and other Canadian bonds
In the domestic list the prime in
fluence was the approval of loans by the
Reconstruction Finance Corporation to
several railroads. Loans were authorized
to Southern Railway, Erie, St. Louis
San Francisco, Missouri-Pacific, Nickel
Plate, Chicago & Eastern Illinois, Chi
cago & Northwestern and Alabama,
Tennessee & Northern, and applications
were received from other carriers.
Junior bonds of these roads rose
sharply. Gains ranged from fractions
in MiSsouri-Paciflc SIS to nearly points
in Nickel Plate IS. High-grade carrier
obligations, such as Atchison General
As, Norfolk & Western As and Chicago,
Burlington & Quincy As, were also
strong.
United States Government bonds were
Is to IA point higher. They have ad-
vanced uniformly for more than two
weeks now and have reached levels
where more than half of the 1881 losses
have been wiped out. There has, how
ever, been no comparable response by
the municipal market. One banking
house today offered $685., 900 City Of
Jersey City 3la per cent gold bonds. due
August l, 1894 at 9445, to yield 6 per
cent These bonds we're purchased at
a premium in February, 1881.
No important domestic defaults are
anticipated Tuesday, though there will
undoubtedly be some new ones in the
foreign list. Lima, Peru, announced
that it has no money with which to
pay interest or sinking funds on its
3o-year 6 12s due Tuesday
Evening star., 1932-02-29
Washington Produce

Butter-one-pound prints, as; tub.
IS.
Esss-Hennery. IA; current receipts.
13.
Poultry, alive-Turkeys, old toms,
15a18; young toms and hens, 20a22;
chickens, pounds and over, 22az3;
2 to 21a pounds, 2la22; broilers, 23a24;
Leshorn broilers. 20; hens. large, 16a1S;
small, 16a1s; Leghorn hens, Halls;
capons, large, 14a26; small, 20a23; slips,
Is; ROSTERS, 10; keats, young, 45a50;
old, 25a30.
Poultry, dressed-Turkeys old toms,
18a21; young toms and hens, 23a25;
chickens, pounds and over, 23a24 !;
2 to 211 pounds, 23a24; broilers, 24a25;
Leghorn broilers, 24a25; hens, large,
1sa2l; small. l9a20; Leghorn hens,
17alS; capons, large, 27a2s; small,
23a26; slips, 81; roosters, 13; keats,
young, 65a70; old, 30a40.
lamb, top, Is; good, Is; veal, top, is:
10; smoked hams, Is; strip bacon, Is;
lard. package, tn; bulk, 7; compound,
6A.
Fruits-Strawberrie pints, Is; quarts,
As; apples, bushel baskets, 75a125;
fancy box stock, 1.50a2.5 oranges,
3.00a4.00; lemons. 4.00a450; grape
fruit, 2.25a2.50; honeydews, Chile,
2.25a2.50; pears, 350a4.50; alligator
pears, 500; pineapples, 400; bananas,
50a2 90; lines, per 100, 200; rhubarb,
hot house. LOO; plums, 1.75a2.o0; nee
tarines, ESQ; grapes, Almeiras, 800
Vegetables-Potatoes, Maine, 100
pound sacks, 1.25; New York, lis;
Idaho bakers, 2.40; new, bushel, 1.50a
LIS; sweets 60a85; string beans, lisa
2.25; limas, 3.75a4.25; peas, 7.50; lettuce,
Iceberg, 3.00a3.50; peppers, 3.25a350;
cucumbers, 2-dozen containers, 325;
celery, 2.50a300; tomatoes, repacks,
2.25a2.50; kale, 40a50; spinach, home
grown, 75a1 90; squash, $50; eggplants,
800; beets, 2.50a3O0; carrots, 2.50a
400; cabbage, crates, 200a2. so;
broccoli. 3.ooa3.25; satisfy, dozen, 50a
60; parsnips. 1.25a1. so; artichokes, 450
ASSOC; watercress, rs; okra, 800; rad
ishes, per 100 punches, l.75a2.OO; as
paraguS, dozen, 350a4 90; Spring on
ions, 100 punches, 200; onions, So
pound sacks, 2.0oa2.25; Spanish, 400;
mushrooms. 75as0; turnips, punches,
crates, 400.
Evening star., 1932-02-29
POTATO MARKET.

CHICAGO. February 20 (P) UNITED
States Department of Agricultural -
Potatoes, 1874 carloads on track, 296;
total United States shipments Satur-
day. 1,130; Sunday, %; about steady,
trading fair; sacked, per hundredweight,
Wisconsin round whites, No. /. mostly
rs; few, 80; unclassif1ed, few sales, 10;
Michigan Russet Rurals, 75a7717; few.
80; Nebraska Triumphs. 1.05a1.15, ac-
cording to quality; Idaho Russets, 1.30a
las; few higher.
Evening star., 1932-02-29
EARNINGS REPORTED.

NEW YORK, February 90 (P-The
Colorado Fuel & Iron Co. reports a net
loss of S3,363 ,206 for 1881, compared
with net profit of $298, ,648, equal to
Al cents share in 1880.
The Marlin Rockwell Corporation re-
ports for the year ended December 81
net loss Of $23,052 after depreciation
and taxes and after loss Of 1922, ,402
on the sale Of capital assets, compared
with net profit Of $992,171 IN 1890,
equal to $2.52 share.
Evening star., 1932-02-29
New York Cotton

Special Dispatch to The Star.
NEW YORK, February 29-Cotton
prices were to points lower at the
opening of the market today. Foreign
buyers were in the market. but con-
fined their purchases to scale-down Or
ders.
Opening prices we're: March, 6.27, off
5; May. 701, off 6; July, TIT, off 6: Oc-
tober, 1877, off 6; December, 753, off T,
and January, 7.59, off 7.
Evening star., 1932-02-29
ARUNDEL CORPORATION.

BALTIMORE, February 20 (Spe-
ciaD The Arundel Corporation earned
net income In January Of Sis, 1866 %,
or approximately 1914 cents per share
on 492 1000 shares of common stock
outstanding. This compares with $138.-
quirements for the month.
The company's current asset position
Is excellent, Frank A. Furst, chairman
Of the board, stated, with a total of
$3,573,0l9, as against current liabilities
Of only $502,000.
Evening star., 1932-02-29
PARIS B0URSE PRICES

PARIS, February 29 (P).-Three per
cent rentes. 10 francs IS centimes. Five
per cent loan, 100 francs 80 centimes
Exchange on London, SO francs 81
centimes. The dollar was quoted at IS
francs "a centimes.
Evening star., 1932-02-29

Greece has decreed that compulsory
execution for debts against farmers
may be suspended during the next five
years.
Evening star., 1932-02-29
N. Y. CURB MARKET
Received by Private Wire Once.

Stocks sold in 100-share lots except these
designated by letter So
Evening star., 1932-02-29
Washington Stock Exchange
tReported by Chas. D. Ba

Lanston Monotype-7 at 81.
Washington Gas $500 at 100.
Mergenthaler Linotype-l0 at A.
AFTER CALL.
Capital Traction Co.-10 at 1872, 10
at 1872.
Evening star., 1932-02-29

Dividend rates in dollars based on last
diyidsnd. Partly extra tPfus ~ in stock.
Payable IN cash or stock. Payable in
STOCK. Adjustment dividend. Plus So
in stock. g Plus So in stock. Plus ifo
In stock. Plus 20 in stock. Plus 1oSs
in stock N Plus 80 in stock. n Plus Sc in
stock. Paid last yearlno regular rate.
Evening star., 1932-02-29
FOREIGN EXCHANGE.

Quotations furnished by w. B. Hibbs & Co )
Nominal nnld Gnllir,r chn q
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1932-12-08

rors in the count of the Leslie vote.
In Little Sank there are two bal
lots that are in dispute. One bal
lot was marked below the line and
not in the square where the cross
is usually placed. The name of
Mr.. Sweno is nearest the mark.
The other ballot was originally
marked for Clutches, then crossed
out and a cross placed after the
name of Mr.. Sweno, the recount
board crediting Mr.. Sweno with
this vote making no change in the
returns in, Little Sank.
In Reynolds the recount board
found that Mr.. Clutches had been
credited with one more vote than
he actually received. ,-~--
In West Union there are two bal
lots in dispute. One vote for Sweno
has the endorsement of only one
election judge instead Of the usual
two. The other ballot is marked be-
low the line as was the case with
one BALLOT in Little Sank township,
with the name of Mr.. Clutches be-
ing the nearest to the cross that
was made. In West Union the re-
count board also found one less
ballot than the number of voters
who visited the polls.
These ballots the court will have
to examine and determine whether
or not they should be counted or
how many of them shall be count.
ed. For that reason a certificate of
election cannot yet be issued and
it cannot yet be declared with GER
tainty who has been elected in the
fifth district.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1932-12-08

learned during her early member
ship. She was mother Of the old
school whose devotion and wisdom
in rearing her family has born
bounteous returns In affection and
respect. Her entire life was devot-
ed to her home and family and
aside from a participation in the
Schwestern Lodge during her early
marred life, she cared for no out
side activities. She was true
friend and a helpful neighbor
whose passing is deeply regretted
by all who knew her.
Surviving the good mother are
four daughter and four sons. Miss
Edith Kohl. Mrs. Amelia Bittner,
Miss Mathilda Kohl and Leo Kohl,
of this city. Miss Martha Kohl
who teaches at Benson. Robert
Kohl, of Duluth, William Kohl, of
Harlem, Mont, and Supt. Wesley
Kohl, of Sank Centre. There are
eight grandchildren and two fost-
er grandchildren, Misses Agnetta,
Phyllis and Robert Kohl, of this
city, who are daughters of Leo
Kohl; William Wesley, Mazda and
Betty Ann Kohl, of Harlem, Mont,
who are children of William Kohl;
Douglas and Dorothy Kohl, Of
Sank Centre, children of Wesley
Kohl, and Charles Kohl, of Duluth,
and Mrs. Elmer Carlson, of Cass
Lake, foster children of Mr.. and
Mrs. Robert Kohl"
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1932-12-08
Unity

Mrs. Alvin Hummer, Mrs. Char
les Hummer and Agnes and Mrs.
John Hummer were Sank Centre
callers Friday.
Mr.. and Mrs. George Kind and
Walter assisted Arthur Lloyd with
their butchering Tuesday.
Rob Betow visited at the VIM.
Quade home Wednesday evening Of
last week. -. ..-..-.,.
Eddie Leitz called on George
Kinds Friday afternoon. ~,
Henry Quade helped Christ
Wheie shred corn Thursday.
Roman Botz, who is employed at
the Henry Quade home assisted
Sam Graham with his corn shred
ding Thursday. ...-
Minnie Quade was on the sick
list last week end.
Paul bold was busy grading
roads Saturday afternoon.
Henry Wheie, who was in the
Long Hospital at Sank Centre,
came home Saturday and is feeling
good, but he still takes treatments.
Henry Quade helped Christ
Wheie with his work Wednesday.
I Sam Graham finished shredding
corn Saturday afternoon.
VIM. Quade took dinner at Matt
Weiners, at Sank Centre Saturday.
Edna Quade, who was employed
in Sank Centre was taken to the
Long Hospital Sunday afternoon
where she underwent an operation
for appendicitis. She is getting
along as well as can be expected.
Edna is the daughter of Mr.. and
Mrs. William Quade of this COM
munity.
Arvin Kind called on Henry
Quade Saturday.
Rob Below called on William
Quade Thursday.
Ed Leitz motored to Staples Sum
day.
Walter Kind accompanied Alex
Bromenshenkel to the cities last
week.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1932-12-08

ed in the general mercantile bust
ness at Elk River and associated
With banking and other enter
prises. He also was. prominently
identified, prior to taking the first
office, with public highway de-
velopment.
On April z, 1917, upon abolition
of the highway board, he was ap-
pointed commissioner.
He formulated the plan for a
state system of trunk highwys to
be improved and maintained with
revenue from motor vehicle taxa
ton and federal highway aid,
which was adopted in 1919 under
good roads constitutional amend
ment No. 1.
He formerly was president of the
American association of State
Highway Officials and later was
head of the American Road Build
ers association.
During the recent state cam
paign, Commissioner Babcock was
under fire by several candidates
for office and Governor Olson was
critized by John E. Regain, Man
kato, Democratic candidate for
governor, for keeping Babcock in
office.
Babcock has long been promin-
ent in Republican affairs and sew
eral times was mentioned as a pos
sible candidate for governor but al
ways declined to enter the political
race.
In making public his action,
Governor Olson declined to give
any reason or make any comment
except to display his letter to the
commissioner.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1932-12-08
Mother Of Supt. w. A.
Kohl Died November 70
(Continued from Page onel

cerebral hemorrhage, which was
the immediate cause of her death.
Members of her family have visited
frequently at her home during her
last years and have tenderly cared
Tor her. While she was a patient at
the local hospital they were in con-
slant attention at her bedside until
the end came about 2 A. M. yestef-
day. Co.
Elizabeth Louise Parkman was
born in Chicago, Ill, June II, 1859,
and was thus past 70 years of age.
She was the daughter of John and
Wilhelmina Hannah Parkman and
with her parents and four brothers
and sisters came to Minnesota at
an early age to establish a home.
The family came to st. Peter in
1873 and settled on the Stark farIa
in New Sweden where they resid I'd
for a number of years. While re-
siding there, Miss Elizabeth was
married to William Kohl, their
marriage taking place December 5,
1876, in this city. They established
their home here and became at
once a part of the community life.
They reared a family of eight chill
dren, all Of whom survive their
mother. Mr.. Kohl passed away 10
years ago on January %, 1922.
MRS. Kohl became a member of
the German Lutheran church dur
ing her early years in Chicago, and
during her entire life continued to
practice the Christian principles
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1932-12-08

nesota Public Health Association,
urges the support Of the twenty
sixth annual Christmas Seal sale
which opens Thursday.
I'VE have never let up fighting
a disease which was not yet con-
quered, that it did not prove disas-
trous." DR.. Mayo said. There is
greater need today for continuing
and increasing the fight against
tuberculosis than ever before"
DR.. Mayo succeeds DR.: J. A. Ny
ers, Minneapolis, who resigned af-
ter five years in office. Other new
officers are A. M. Calvin, Min
neapolis, treasurer, succeeding w.
A. Laidlaw, st. Paul, who held the
office since the pioneer days of the
organization; Mrs. A. L. Sperry,
Owatonna, secretary; DIR. o. e.
Locken, Crookston, first vice pres
ident and DR.. w. S. Broker, Bat
tie Lake, second vice president.
New directors are DR.. F. F. Cal
lahan, Pokegama, DR.. o. J. Hagen,
Moorhead; DR.. Joseph Mayo, Ro-
chester; DR.. F. E.. Harrington,
Minneapolis. DR.. E. H. Hubin,
Deerwood; DR.. r. r. Hendrickson,
Wadena; DR.. c. A. Stewart, Min
neapolis; F. A. Jederman, Winona;
Mrs. H. Longstreet Taylor, Ira c.
Oehler and James c. Otis, st. Paul.