davidaulloa/AmericanStories huggingface dataset:
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1932-01-15

dunn. 1t was explained by the nation
al chairman that some Of those ''fa-
voring the referendum are not neces-
sarily VETS"
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1932-01-15
C~HOOLMASTERS TO DINE

North Wilkesboro.-The annual
banquet of the Wilkes County School
masters club will be held at the
Smithey hotel in Wilkesboro on
Thursday, January Fl, at $50 p. M,
according to an announcement by
Prof. T. E. Story, principal of Wilkes
boro high school.
The Washington times., 1932-12-17
LIT. CONTROLS
ERICSSON

NEW YORK. Dec. IT q.N.S).
international Telephone and Tele.
graph Company yesterday secured
working control of L. M. Ericsson
Telephone Company, one Of the
prize holdings Of Ivar Kreueer.
The deal was made with the
liquidators of Kreuger g. Toll. In.
ternational Telephone gave up its
claim of $11,O0O,OOO against, the
bankrupt estate and received in
exchange $4,000 shares Of EricS-
son. This block represent 30 per
cent Of the outstanding Ericsson
capitalization.
AS q result. International Tele-
phone will take n active part in
the direction of Ericsson and the
combine leaves only the German
Siemens & HalSke as a competitor
OF /. T. T. in the world telephone
field.
The Washington times., 1932-12-17
DEMAND
CAUSES RISE
IN COTTON

NEW YORK, Dec. II uN.S).
Stimulated by an active trade de-
mand, cotton futures today scored
gains, after opening 3 to 8 points
higher with Liverpool about in
line with due prices.
Lists Works Higher
AS the day progressed, the list
worked gradually higher on sub
Stantial volume of price-fixing
by domestic and foreign mills.
Far Eastern brokers during early
dealings bought distant months,
while scattered buying came from
New Orleans and commission
houses. i
Cooperative brokers were again
in the forefront as sellers. This
selling was combined with some
outside Liquidation and sales by
local traders, Hedge sales today
were comparatively light.
Weather is FrealKish
Freak weather was shown in
in the south on the cotton map
this morning. Rain or snow ex-
tended over the area east Of the
Mississippi River, with snow as
far south as Meridian, Mississippi.
Final quotations were up IA to
II points. December was UP II
at 6.03. January up Is at sos,
March up Is at GIT, May up IA
at 6.28, July up 16 at 6.38, and
October I'D II at 6.57.
The Washington times., 1932-12-17
FUTURES
DIP WITH SPOT

NEW YORK, Dec. II GNS0.
Refiners continued to show indif-
ference in the actual raw sugar
market and the price declined
gradually from 80 to 80 cents a
pound at the close Of the current
week.
The indifferent attitude was
due more to anticipation Of heavy
shipments to this company from
duty-free islands. than to comfort
able supplies. The trade was
generally aware that refinerS' sup
plies were abnormally low.
The weakness in the actual
market was reflected in declines
in the raw sugar futures market
On the New York coffee and sugar
exchange, which showed declines
Of 3 to 8 points for the week.
A new sugar crop estimate was
received by the trade from DR..
Mikusch, European authority. in
dicating lower production for the
1928 crop year, but it was not
as bulliSh as recent estimates by
other authorities.
The Washington times., 1932-12-17
COFFEE SLUMPS
HARD IN WEEK :

NEW YORK, Dec. II d.NsO.
Coffee prices dipped sharply at
the close Of the week after
maintaining a steady undertone.
The decline was attributed to
rumors that the Brazilian coffee
export tax would be lowered.
Net declines for the week end
ing December 16 were S to 16
points in the Rio contracts and
8 to Is points in the Santos con-
tracts. On Thursday the grain
StabiliZation corporation sold 49,
600 bags Of Santos coffee at
prices ranging from 10 to 1925
cents a pound, which was re-
garded as a favorable price range
by the trade.
Spot brokers report that large
consumers are continuing their
hand-to-mouth buying policy.
The Washington times., 1932-12-17
BIC BOARD LIST
!. WALLOWS|N
OLD RUT
BY LESLIE GOULD

NEW YORK, Dec. II 0.N.S0. .
The stock market presented an
tlninSpiring appearance in the
short session today, as the main
body Of stocks failed to break out
Of their trading rut.
The majority Of pivotal stocks,
Including American Telephone
and the United States Steel is
sues and Allied Chemical, were
supported around their previous
cloStngS.
Utilities Strong
Strength in the utilities was
Q feature Of the session. The
group advanced fractionaIly under
the leadership Of Columbia Gas
on buying by traders based on
the reports the company was
negotiating q hook-up with the
United Gas improvement Com
pany and Columbian Carbon for
supplying natural gas to Phila-
delphia.
Strength in Columbia brought
firmneSs into United Corporation,
which holds q large block of
stock.
Ran shares in the main were
steady under the leadership Of
Chesapeake and Ohio, but traders
were deferred from activity by
the drop in ear loadings and the
1mpaSse at the Chicago wage
conference. =
Motors Group Firm
The motors group was firm.
Auburn gained fractionally.
Strength in the motors Is at
tributed to the nearness Of the
auto show when a rally is tradi-
ton.
The outlook for next year,
however, Is for a bitter price
war for control Of the cheap car
field. Chrysler fired the open
ing gun with reductions on its
Plymouth. ChrySler stock was
steady.
The Washington times., 1932-12-17
$IO2,O72, 900. Paid
BH IS N. Y. Banks

The 13 largest of the New
York city banks distributed a
total Of $1O2,0 ,072.000 to stock
holders in the form Of dividends
during 1882, Of which $24.653, 900
will be distributed during the
current quarter. according to a
compilation made by Hornblower
& Weeks.
The firm states that notwith-
standing an unprecedentedly
high degree Of liquidity these
dividends were earned, in the
aggregate, by a substantial mar
gin. During the year only three
banks reduced their dividend pay
mentS as compared with last
year.
The Washington times., 1932-12-17
METAL MARKETS
NEW YORK. Dec. II u.N.s,.

NEW YORK. Dec. II n.Ns.).-cop-
Per buying continued small abroad to-
9ay. Purchases were only for specu-
!ative account with consumers entirely
out OF the market A small tomato
OF the red metal was sold at the basis
OF cents pound elf Havre for
French shipment. However. this was
not typical Of the foreign level, as
tnere was considerable tonnage avail
able at 4.So cents a pound cit Ham
burg. Havre and London.
In the domestic market the price waS
unchanged at 5 cents a pound delivered
to the end Of March, 1854, with second
quarter shipments quoted at Sh cents.
Producers continued out of the market.
second. hand copper was available at
~ to y cents a pound.
EIectrolytic for domestic shipment
vas cents delivered to the end of the
nrHt quarter, 1898. European destfna- :
lions were at levels corresponding with
$50 cents pound elf. Hamburg, Havre
and London.
Lead buying was quiet with the price
oncnanged at cents a pound New York
ana ZS0 cents st. Louis. 4
zinc buying was moderate in volume
with prime western zinc unch anRed at
%1Sb cents pound East st. Louis.
The Washington times., 1932-12-17
CLOTH MARKETS

NEW YORK, Dec. II HNGl.-witb
buyers swinging into a more general
covering, movement in the coarse yarn
cloths market today, further advances
were effected on some print cloth and
Sardeo broadcloth constructions.
Sales of print cloths, broadcIoths and
sheettngs for the week were bly,
at least as large as those of the pre-
VlouB week and were much more indi-
eative of better trend In that they
strength. --'
sales have Come from a larger mum.
per OF buyers and have involved more
constructions. and this gave more salts.
Iacuoh to mills than the sales of the
previous week when buyerS were reja.
tlYey few and the covering was con.
oentrated for the most part on a few
constructions
The Washington times., 1932-12-17
Standard Gas Has
Bio BuiLdivtu Plans

Standard Gas and Electric
Company's preliminary conStruc-
ton budget for 1893 viii total
$12,474,753 for public utility
companies In the system, accord
ing TO John J. O'Brien, president.
This includes $l.50ly y611 to COM
plete projects now under con-
struction.
< The total preliminary budget
expenditure for 1888 Is Segregat-
ed as follows: electric depart
ment, $S.486, ,406: gas department,
81 ,869, ,464; other departments.
The Washington times., 1932-12-17
CHEEKY Trade
News Tips

Air reduction reports sixth
month straight trade gain.
Bankers acceptance vol
ume up 20 millions in No
velmber. a
United States gold stocks
increase nearly 10 millions in
day.
Old Standard Oil pipe line
deliveries in November above
year ago.
October gas revenues hold
almost to 1881 level.
Dome Mines declares 10
cents extra dividend.
Lumber exports % per cent
above 10 months period last
year.
The Washington times., 1932-12-17
Mexican Railways
Net October Loss

National Railways Of Mexico
yesterday reported a deficit after
charges Of $6S7 1928 for the month
of October, and a deficit after
charges of $751;, $40 for the first
10 1882 months. both in Mexican
currency. Due to changes in
classification. 1881 comparable
figures are not available.
october gross totaled SIS, 1855 ,575,
against $7,l64,632 in October Of
last year. The lines in October
showed q deficit after expenses
of $263, ,146, against income after
expenses Of 1,25l,037 in october
of last year.
The Washington times., 1932-12-17
GGiv. in Wholesale
Food Prices ShOWn

Recovering somewhat from its
severe decline of the previous
week, the wholesale food price in
dex,. compiled by BradStreet'S. rose
from $1.67 to $1.69. A year ago.
the index stood at $1.98.
Principal factor in causing the
rise were gains in butter and eggs.
Lambs also were higher, but other
live stock prices fell. Among 81
commodities reported, IA in
creased, 10 decreased and SO re-
manned UNCHANGED.
The Washington times., 1932-12-17
MONEY MARKETS

NEW YORK. Dec IT UNs1.-Call
cent on the New York stock Exchange
and / u per cent on the curb.
Commercial paper was unchanged al
and . per cent for less known nameG
Time money was unchanged at u
per cent for so and % days, \ to Y
per cent for 100 days and q to ! per
cent for five and six mouths
The bankers acceptances market Wa1
quiet, with asking rates unchanged al
per cent up to 90 days, y per cent
TOT 1so days and y per cent for $50
The Washington times., 1932-12-17
OIL MENACE RELIEVED

Decrease in the price Of crude
oil led by the Texas Company
has saved the oil industry from
going through a period similar
to that of the summer Of 1881,
when crude oil went to an aver.
age Of zoe a barrel, according to
the weekly review Of the oil in.
dustry by T. 8. Hose, petroleum
engineer.
The Washington times., 1932-12-17
CHICAGO LIVESTOCK

CHICAGO. Dec. II (LNs1.-Horx-
5!eoo; steady: Top. s3.S5: bulk, $500
s;2S; heavy, S2;S5@3.?O: medium. S8.i5
$S,1S93.S0: packing sows, 500 o. 3 60:
pigs, S375 $50. Holdovers, 1000.
Cattle-Receipts. 100: market steady.
SSslTeSLReceiPts. lee: market steady.
TOO: common and medium, S4'oo6650.
yearifngs. S4.oO@S.S0. Butcher cattle
Hetfers. 5000 500: cows. S2.OO@3.7S:
bulls. S2.So@4:0o; calves. S3.so95.S0;
FEEDER steers. -. ESQ stocker steers
$2.S093.75.
sheep-s.OOO: steady. Lambs, $3.50
s.?6; common. $500 400: yearlIngS
S4.oO@5.Oo; feeders, tL5O@S.35; ewes
The Washington times., 1932-12-17
Bank Suspensions
Decline for Week

Thirteen bank suspensions were
added during the week, according
to the American Banker. The
13 new closings for last week
compares with IS for the last
preceding week.
Four banks reopened and one
new bank was chartered last
week. III
The Washington times., 1932-12-17
CANADA CAR FINANCING

The figures for automobile
financing released by the Cana
dian government show a decrease
in October, 1882, of 40.6 per cent
as compared with September,
1892, and indicate a falling off in
financing as compared with Octo-
Der, 1881.
The Washington times., 1932-12-17
CHEMICAL NATIONAL

The Chemical National Bank
& Trust Co. has called a stock
holders meeting for January 18
to take final steps to absorb the
banks affiliate, Chemical Securi.
ties Corp. The plan was ap-
proved at the annual meeting
last January.
The Washington times., 1932-12-17
PASSES PAYMENT

Mackay Companies yesterday
omitted the quarterly dividend of
y on the preferred stock due at
this time.
The Washington times., 1932-12-17

6H Zonite Products. ~ II ~ Il
taI Optional stock cash. IbD Parity extra &c,
h PaSabs 0 D to 1s Psd 10 A :tOSs IS! pae Ssa
In scrip tAA) 100. in stock. Iwwl with wGrranta
(xwD without Ex-diVdend. Ex-riEhtA
Dividend dollsrs n parenthesea
dividend
Evening star., 1932-09-30
DECISION is UNCHANGED.
Mrs. Caldwell Says Original Plan Must
Be Carried Out.

Despite a protest from the United
States Lines against the use of for
eign ship, Mrs. David D. Caldwell Of
Washington, chairman Of the D. A. r.
pilgrimage to Paris, said today there
would be no change in plans to sail on
the French liner Champlain from New
York next Tuesday. Six prominent
Washington women will be members OF
the pilgrimage.
Mrs. Caldwell deprecated the pub
licity attached to the selection OF a
foreign vessel, but explained that since
the pilgrimage had been planned as
courtesy to France from start to finisn,
she would not be deferred from carry
ing out the original plans.
But for the nature OF this TRIP. we
would sail. of course. on an American
vessel. The D. A. r. has always sup
ported an adequate American merchant
marine policy and will continue to DO
so. Several other members OF the d.
A. r.. who cannot sail next TUESDAY,
are leaving October on the American
liner Manhattan. Under ordinary cir
cumstances members of the D: A. r.
always use American vessels IN keeping
with their policy, but this pilgrimage to
Paris is entirely a different matter"
The other Washington women be-
sides Mrs. Caldwell who are making
the pilgrimage are Mrs. George M
Grimes, State vice regent; J -lss Vir-
ginia E. Campbell, Mrs. Margaret G.
IIarsh, Mrs. James M. Carter ana MRS.
w. L. Gugelius. There will be about
20 altogether. -,
The tablet which the D. A. R. will
dedicate in Paris. bearing the names
of 1873 French soldiers who died IN the
battle of Yorktown fighting with Amer
ican troops. will be placed in the
Pershing room of the American Legion
Building. This room was purchased by
the D. A. r. three years ago and Is
used by all visiting members OF the
patriotic society. Later it probably will
be placed in the Yorktown Square. Mrs
Caldwell said.
Evening star., 1932-09-30
EDGE White HOUSE
LUNCHEON GUEST
Draft of French Counter Proposals
to Commercial Treaty Brought
From Paris.

Walter E. Edge, Ambassador to France.
who landed in New York yesterday to
spend two months in the United States
and to take part in the campaign, was
a luncheon guest at the White House
today.
Mr.. Edge arrived in Washington early
today and spent the greater part of the
forenoon at the State Department. He
has brought back to this country draft
of the French counter proposals to the
United States bid for new commercial
treaty.
Edge told newspapermen that after
mooted questions have been ironed out
in connection with the treaty, he will
participate in the political campaign.
President Hoover today put aside his
work long enough to receive William H.
Wharf,. 93-year-old Civil War veteran,
who had expressed a great desire to
meet the President and shake his hand.
The old soldier. who was member of
Company c, 111th Maine Volunteers,
told the President that he had seen
President Lincoln on March 26, 1865,
but did not have an opportunity to
shake his hand.
Evening star., 1932-09-30
CONSIDER CHINESE PROTEST.

GENEVA, September 30 R).-Paul
Hymans, president of the extraordinary
session of the League of Nations AS
sembly. today called a meeting OF the
League Committee of 19 for tomorrow
to consider the protest of the Chinese
delegate w. w. Yen, against the
League Councils decision to delay con-
sideration of the Lytton Committee
report on Manchuria.
The Celay was approved after it was
requested by Japan.
The Chinese delegate challenged the
councils competence to delay considera-
ton, contending that the assembly. only
has such authority. The text OF the
report is to be published october 2.
Sitting as committee. the assembly,
addressed an appeal to the United
States and other nations which have
not ratified the protocol for revision OF
the World Court statute to expedite the
ratification. The other nations which
have not ratified are Bolivia. the Do
n1inican Republic. Guatemala, Mica
ragua and Paraguay.
Evening star., 1932-09-30
Police, Too Long
In One Position,
May Ask Change
Gen. Classford Stresses
Value of Diversified Ex.
perience in Force.

Superintendent of Police Pelham D.
Glassford in today's police bulletin
issued an order to the force advising
police officers who feel they have been
kept too long on one assignment to
make applications for change.
Gen. Glassford's order reads:
police officers who are ambitious for
promotion should take into cQpsfdera-
ton the fact that diversified experience
is often an essential qualification to ad-
yancement. An officer who. during his
entire service, or most of it, has been
assigned to only one type Of duty, or
has worked continuously in one Of the
less active precincts, may not have ac-
uuired knowledge and experience sum-
cientlv broad to warrant promotion.
Officers who feel that they have
been kept too long on one assignment
and consider that a change would be in
.heir interest are urged to submit ap-
plication on printed form application
for transfer or change of assignment
In addition to the reasons for desiring
transfer or change of assignment. the
application will show:
"f. Whether or not the applicant has
taken the recent examination for pro-
motion and.
80 A summary Of the service Of the
applicant on various duties and assign
mentS.'
Evening star., 1932-09-30
WILLARD FAMILY
IN REUNION HERE
Association Will Hold Its 25th
Annual Meeting Tomorrow
and Sunday.

The twenty-fifth annual reunion of
the Willard Family Association, COM
prising members of the family origi-
mating in Caen, Normandy. and de-
scending from Maj. Simon Willard, the
first bearer of the name in America.
will be held tomorrow and Sunday at
the Willard Hotel, it was announced
today by Henry A. Willard, II, Wash
ington scion of the family.
The reunion will be the first ever
held out of the New England States,
and will bring to the Capital the Off
GERS Of the association, including:
William A. Willard, Of Hartford,
Conn, president: Miss Eleanor W.
Hudson of Winchester, Mass, CORE
spending secretary; w. Frank Phillips
of Lunenburg. Mass, treasurer: Daniel
Willard, president of the Baltimore &,
Ohio Railroad, of Baltimore. Md;
Henry A. Willard, II, of Washington
Norman R. Willard of Concord, Mass;
L. Willard Harris of Philadelphia, and
George B. Willard of Battle Creek
Mich, vice presidents, and Arthur C..
willard, of Wethersfleld, Conn, his
torian.
Members Of the Executive Committee
are:
Samuel L. Willard of Baltimore, Ar
Evening star., 1932-09-30
GERMANY STANDS FAST.
Won Neurath Declares He Made Attitude
Clear at Geneva.

Won Neurath Declares He Made Attitude
Clear at Geneva.
BERLIN, September 80 CP.-Foreign
Minister Won Neurath. returning from
Geneva today, said he left the states
men there in no doubt that Germany
will not participate in the Disarmament
Conference until the matter of equality
in arms Is settled beyond dispute.
From the Italian delegate he gath
cred that the government at Rome
shows great understanding for the
German equality demand. he said.
Mr. Henderson chairman OF the
conference) is making great efforts to
bring about an understanding. said
the foreign minister, but I doubt
whether he will succeed. AS for M.
Herriot (the French premier) I didn't
try to evade him: he knew perfectly
well that was at his disposal any time
he wanted to talk to me.
1T is now up to others to make pro-
posals. All We wanted to say was said
in our memorandum of August 20. We
offered to negotiate but France did not
respond to our clearly-formulated
demands
Now they are trying to blacken our
character in America by so-called
revelations about our alleged secret
armaments.
Nothing can explain away the fact
that We are disarmed while others are
bristling with arms. There must be an
end to this one-sided discrimination" "
Evening star., 1932-09-30
ITALIAN LINER DAMAGED
Generator Blade Stripped, but Rex
Will Continue Voyage.

GIBRALTAR, September 30 &--
Lloyds Agency was informed today that
the new italian liner Rex laid up here
because of engine trouble, had stripped
the blades of one of her turbo genera
tors so badly that repairs cannot be
made here.
The two other generators are func-
tioning however, and the vessel prob
ABLY will sail for New York tomorrow,
resuming her maiden voyage from
Genoa. There a further survey and per-
manent repairs will be arranged for.
Evening star., 1932-09-30
TOXIC is GIVEN REPORT.

TOXIC. September 80 LP.-The re-
port Of the League Of Nations Inquiry
Commission on Japan's military activi-
ties in ManchlIria was delivered
formally to the Japanese government
today.
Connor Green, secretary of the
British embassy, handed four copies of
the 15O000-word report to Vice Min
lister Arita at the foreign Office. and a
large corps of translators Immediately
began to translate the document into
Japanese.
Evening star., 1932-09-30
HOOVER ARMS PLAN
PRESENTED AGAIN.
Proposal Appears to Have
Better Chance of Adoption
Than Ever Before.
BY PAUL SCOTT MOwRER.


BY Gable to The Star.
GENEVA, September 30.-The situa-
ton in Geneva, while outwardly dull,
dreary and confused, is inwardly tense
and dramatic. 1t Is under the surface
that the biggest changes are happening.
Never have the chances Of adoption
Of President Hoovers disarmament plan
appeared so bright as now. The de-
bates on this plan were resumed today
in a secret meeting of the new Eff
fectiyes Committee.
Present New Explanation.
The American delegation, short
handed and struggling to keep in touch
with the multifarious American inter-
ests with an inadequate staff, presented
q new written explanation of the Wash
ington electives plan. 1t showed that
the plan, If adopted, would result in a
reduction of about 1,000, 900 men in the
powers armies.
The arrival here tomorrow Of Ameri-
can reirfOrcements in the persons OF
Norman H. Davis, Rear Admiral Arthur
j. Hepburn and Allen w. Dulles Is
eagerly awaited on all sides. A renewal
of naval conversations is believed to be
imminent.
Edouard Herriot. French premier, IS
being Strongly pressed by important ele-
ments in his party and his delegation
to announce Frances acceptance of the
Hoover plan in the near future. There
is also vague talk that France and the
United States will join in calling a con-
ference to implement the Kellogg pact
along the lines of Secretary of State
Henry L. Stimson's speech of August g..
Skeptical Of Germany.
The British and Italians still hope
to get the Germans back into the Dis
armament Conference but the others are
skeptical The idea today is that Great
Britain. France and the United States
shall simply go ahead without them If
necessary.
1t is possible. therefore, despite the
dangerous bitterness Of the Franco
German quarrel, that constructive de-
velopments will soon appear. Herriot's
private remark to friends today vas per-
haps significant.
Il prefer" he said, "the pangs Of
child birth to the reflnements OF
sterility."
Copyright. 1927