davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-12-11
COTTON ESTIMATE
HAS LITTLE EFFECT
Government Report, Raising Crop
Total, Finds Futures in Well
Liquidated Position.
BY the Associated Press.

Oy tIc ASSOClhttQ HIeSS.
NEW YORK, December 10.-The
final Government cotton crop report
of the season, placing the indicated
yield Of cotton at 1927 900 bales, was
half million bales above the average
Of recent private estimates, but had
comparatively little effect on the mar
ket. Evidently it found a well liquidated
position in futures following the de-
cs.aes of the last several weeks and
slight additional loss carried the price
of March contracts down to $50, or
431 points below the high price Of last
August and within point of the low
est touched by that position on the
break of last June.
This price combined with the failure
Of the report to bring out heavier of
ferings attracted trade buying as we'll
as covering and while the volume of
business tapered off on rallies Of
some "a to 81 points from the lowest,
prices held steady at the end of the
week.
The increase in the Government crop
figures has naturally caused some mod
ification of sentiment as to the prob
able end-season carry-over. For the
first three months of the season, ac-
cording to the New York Cotton Ex-
change service, world consumption of
American cotton amounted to 1890
bales. This would appear to be at
the rate of about 13,2500 900 bales for
the IL months, compared with 12,41l,-
900 last year, but the expectation still
appears to prevail in some quarters that
American cotton will meet increased
competition from other growths be-
fore the end of the season. Moreover
recent developments. such as the war
debt uncertainty and the action OF
sterling exchange appear to have had
a somewhat confusing influence on
sentiment.
Evening star., 1932-12-11
NEARBY FARMERS
HELD FAR|NG BEST
Baltimore Land Bank Finds
Conditions Less Acute
in Its Section.
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE, December 10.-Farm-
ers in the territory served by the Fed
eral Land Bank of Baltimore are faring
far better than those in almost any
other section of the country, according
to Charles S. Jackson. president.
This is due, Mr.. Jackson said, to the
fact that the banks territory, including
Pennsylvania, Delaware, Maryland, Vir-
ginia and West Virginia, District of
Columbia, and Puerto Rico, is one of
the most varied agricultural sections of
the country, producing perhaps the
widest diversifcation of money crops,
including live stock and dairying. Be-
sides, he said, the units are small in
comparison to those Of the wheat, corn
and cotton belts and the fruit and vege-
table growers of the Far West.
The Baltimore bank, Mr.. jackson
said, is still making loans, having
granted 419 so far this year, but has
considerably more loan money avail
able than eligible loans. Loans out
standing on October 81 totaled $75,-
191, 400, against SIS, ,437, 500 a year ago,
very small decrease in comparison
with the other banks.
There has been a very slight in
crease in sheriff's certificates and iudg-
ments in the Baltimore bank" Mr..
jackson said, "and a small increase in
the number of farms owned. We are
not foreclosing where there is any
hope Of the farmer ultimately working
the loan out. Each case is investigated
individually, and passed upon by the
bank Officers and directors.
Most Of the farmers in the Balti-
more territory, who are pressed finan-
c1ally now will be back on their feet
when conditions finally change. The
Baltimore bank is doing all It can to
see them through,
Evening star., 1932-12-11
INCREASE MARKED
IN RETAIL TRADE
LuII in Production Lines Re-
ported by Commerce
Department.
By the Associated Press.

BY the Associated Press.
Distribution of merchandise i'm
proved during the week ended Decem-
Der 3, the Commerce Department re-
vealed in its weekly summary OF the
domestic situation, but productive ac-
tivitY was generally at a seasonally
lower rate in all industries except auto
mobiles.
The movement of agricultural prod
ucts was larger than in the preceding
week. Average daily bank debts, out
side New York City, were larger than
in the three weeks Immediately pre-
ceding and were close to the average
weekly figure for october.
Wholesale Prices Down.
Wholesale prices, in general, regis
tered fractional losses when contrasted
with the week ended November 26.
Fishers index of agricultural and non
agricultural commodities reacted slight
ly from the levels of the week previous
as did the wholesale quotation on cleo
trolytic copper and spot cotton at New
York. The iron and steel composite
price index remained unchanged.
Bank loans increased $4,000, 900,
mainly as a result of the advance in
security loans. Commercial loans were
again slightly larger. Investments were
$31 100000 higher than the previous
week, and more than half OF the in
crease resulted from additions to the
holdings of non-governmental securl-
ties.
Demand Deposits Up.
Net demand deposits showed a
marked gain of $186,000,000 in con-
trast to the loss of $14,000,000 in time
deposits. Average prices OF bonds and
stocks on the New York Stock Ex-
change we're again lower. Money in
circulation increased as a result OF sea-
sonal influences. Interest rates con-
tinued to be quoted at extremely low
levels.
Evening star., 1932-12-11
NOVEMBER BRINGS
CIRCULATION RISE
Money Increase of 20 Millions
Shown by Monthly Statement
of Federal Treasury.
By the Associated Press.

By the Associated Press.
Circulation Of money In the United
States increased s2o,O2o, ,4o2 during No
vember to s5,647,6o1, ,676.
The Treasury's monthly statement
showed that this small increase brought
about IA cents gain in the per capita
circulation to total of S45.13.
Total money in the country at the
end of November amounted to So
449,8l7,832, an increase Of S82,216,717
over the preceding month. OF this s4,-
337,684,693 was in gold coin and bull
lion. The Treasury held s3,o71 ,452.-
696 of the total gold, but S1,335, ,622 ,049
was held in trust against gold and sill
yer certificates, s156,039, ,088 against
United States notes and 81, ,496, ,969, ,467
held for Federal Reserve Banks and
agents.
Money outside the Treasury included
$1,266,231, ,997 in gold of which $811,-
777,795 was held by Federal Reserve
Banks and agents and $454,454, ,202 was
in circulation making per capita of
gold circulation of 1888.
Evening star., 1932-12-11
PUBLIC OFFICIALS AID
IN OIL OUTPUT CURB

NEW YORK, December 10 (P).-The
Executive Committee of The American
Petroleum Institute finds that greater
cooperation has been effected with
public officials In handling production
problems of the oil industry. A state
ment ssued after the first monthly
meeting of the new committee added,
however, that much remains to be
done" The new committee added,
however, that much remains to be
done" Taxation, the committee said
Is a subject of growing concern" and
gasoline tax funds are being diverted
hto numerous purposes having no rela-
ton to the highways" even to the
s'propagation of oysters"
Evening star., 1932-12-11
CANADIAN COPPER
LEADER is HOPEFUL
Places Output Cost at Five Cents
a Pound-Believes Markets
Relatively Stable.
Nv the Associated Press.

BY the Associated ffess'
OTTAWA, Ontario, December 10
Canada can produce $4,000 short tons
of copper annually at cost OF cents
a pound or under, James Y. Murdoch,
president of Noranda Mines declared
in a speech here. He described the
development of the Noranda and then
turned to the world copper situation.
The present world consumption OF
copper, Murdoch said, is about $4,000
long tons per month and present world
capacity $4,000 long tons per month,
but of Canada's capacity 1t Is estl-
mated that more than 73 per cent or
1874 600 short tons annually, can be
produced at a cost Of S cents per pound
or under. Canada can produce about
one-quarter of the copper produceable
at the scent figure or under. Mexico,
South America and Africa making up
the remainder. Foreign consumption
of copper, apart from the United States,
for 1882 is estimated at 10000 tons and
the highest it has ever been Is l.
25O, 900 tons, figures which the speaker
thought indicated relative stability in
the foreign markets compared with
some other commodities.
Evening star., 1932-12-11
ATTACKS STATUTES
ON BANK BORROWING
Maryland Grange Leader Believes
Loans on Capital Should Be
Carefully Restricted.
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE, December 10.-Sharp
criticism of the State law allowing
directors of banks to borrow up to 80
per cent of their institutions capital
and surplus. was voiced at the annual
meeting here this week by A. G. Ensor
of Forest Hill, master of the Maryland
State Grange
IT strongly favor more stringent State
laws. which will insure proper protec-
ton to the depositors of our banks, "
Mr.. Ensor said. ANY new laws should
not, however, go so far as to hamper
directors in handling the ordinary run
of business.
"I feel that the 80 per cent of a
banks capital and surplus which direc-
tors may now borrow is too much and
that this percentage should be substan-
TALLY reduced. Experience has proven,
however, that indorsed notes of directors
are frequently a banks best paper and
I am, therefore, not in favor Of abol-
ishing this practice entirely"
Evening star., 1932-12-11
TRANSFER FIRM SEEKS
APPROVAL OF EXTENSION

RICHMOND, Va, December 10 (Spe-
ciaD The Virginia Transfer Co.
has applied to the State Corpora
ton Commission for a certificate au-
thorizing it to furnish interstate freight
motor vehicle service between Richmond
and the Virginia District of Columbia
State line, with Philadelphia as destina-
ton by way of United States Highway
No. /. A hearing on the application Is
scheduled for January at 2 pm. be-
fore the commission.
Evening star., 1932-12-11
WASHINGTON MAN HEADS
LIVE STOCK COMPANY

RICHMOND, Va, December 10 (Spe-
cjaD "A charter authorizing it to con-
cuct a general live stock business has
Just been granted the Southern Live
Stock Co. of Featherstone Farm. Prince
william County, with post office at
woodbridge. B. S. CARRIER of 1905 Ca
thedral avenue northwest, Washington.
D. c., who obtained the charter, was
listed as president.
Evening star., 1932-12-11
.12,O0O MEN RETURN
TO AUTO FACTORIES
Work on New Models Brings
Large Additions to De-
troit Pay Rolls.
By the Associated Press.

DETROIT, December 10-Work on
new model production by number of
Michigan automobile plants has re-
suited in the recalling of approximately
$4,000 workers. Some of these already
have begun work, while others will re-
port during the next week or 10 days.
The Cadillac Motor Car Co. an
nounced the recalling of $3.50 men, the
Hudson Motor Car CO. will bring back
4,200; the Olds Motor Works and the
Fisher Body Co., 1000, while smaller
numbers have been notified to return
by other plants.
The Hudson Motor Car Co. said its
production schedule called for the ex-
penditure of S12,000,000 'on materials
and parts.
Evening star., 1932-12-11
BOND TOTALS REVEALED
BY NEW YORK EXCHANGE

NEW YORK, December 10 R.-The
New York Stock Exchange yesterday an
nounced that as of December ! there
were l I,548 bond issues listed on the ex-
change, with a total market value OF
S38, ,095, 1873 ,O63, compared with total
listing of 1,575 on November l, having
a market value of $39, ,926, 1893.
The par value of all listed bonds to-
tailed $51 ,542 BAT, 249 on the lst OF De-
cember, compared with total par val
uation of S51 ,744,O95,817 on the 1st of
the previous month.
The average price of all listed loans
on December / was $73.91, compared
with S76.37 on November /. The aver
age for railway issues dropped from
S59.7 to $5654, while that of the utlli-
ties advanced from $3.50 to $86.31.
Evening star., 1932-12-11
MUNICIPAL FINANCING
TOTAL WILL BE LARGE

NEW YORK, December 10 R).-A
heavy schedule of municipal financing
is planned for next week, says the Daily
Bond Buyer. New offerings will total
SIC, ,046. 500 compared with $9,48l STA
this week and the yearly average to
date of $17,382, ,786. New York State
unemployment relief, general improve
ment and grade crossing elimination
loan to be placed on Thursday.
Evening star., 1932-12-11
AUGUSTA COUNTY
SAVINGS TOTALED
Accounts in Staunton, Va, Banks
and Others Reveal $3,170,000
on Deposit.
Special Dispatch to The Star.

Special DISPATCH 20 The Star.
STAUNTON, Va, December 10.-Ac-
cording to a recent survey conducted
by the local Chamber of Commerce.
there is in the savings accounts of
Staunton's five banks and Augusta
County's nine banks, including those of
nearby Waynesboro, a total of s3,17o.-
600.
OF this amount, s2,371 ,258.46 is in
savings accounts in the five banks of
Staunton; $424,89954 in the two
Waynesboro banks, and S373,842 among
the remaining seven county banks.
Dividing Staunton and Augusta
County's population of 50,113 into the
city and county's total savings of So
10000, the average savings of every
person in city and county is about S6.32.
Evening star., 1932-12-11
Failures Decline
Cited as Harbinger
OF Early Recovery
By the Associated Press.

BY Lfle ASSOCIdCtu FltSS.
PITTSBURGH, December 10
Pointing to decline in business
failures during the last two
months, a condition he said gen.
orally presaged the definite end
Of business depressions, Henry H.
Heimann of Cincinnati, executive
manager of the National Associa-
ton of Credit Men, yesterday
said he expected "the definite
beginning next Fall of a general
business recovery"
Evening star., 1932-12-11
ANNUAL ELECTION SET
BY LEESBURG, VA, BANK

LEESBURG, Va, December 10 (Spe-
ciaD The regular annual meeting of
the shareholders of the Peoples Ma
tional Bank Of Leesburg, Leesburg, Va,
for the election of directors will be held
at its banking house Sin Leesburg on
Tuesday. January 10, at IL o'clock
The regular annual meeting of the
shareholders of the Loudoun National
Bank of Leesburg will be held at its
banking house In Leesburg on Tues
day, January 10. at IL o'clock for the
election of directors and other busi-
ness.
Evening star., 1932-12-11
Stock Change Approved.

BALTIMORE, December 10 (SpeciaD.
Stockholders of McKesson & Robbins,
Inc, at a special meeting held here yes
terday, approved change in the COM
pany's capital whereby the authorized
and outstanding common stock was
changed from no par to S. par stock.
The change will result in a saving to the
company In franchise and transfer
taxeSs
Evening star., 1932-12-11
Bond Tenders Asked.

NEW YORK. December 10 P).-The
National Sugar Exporting Corporation Is
asking tenders for sale. of 512 per cent
SECURED gold bonds Of the Republic OF
Cuba stabilization sinking fund. due
December /, 1910. at a price not ex-
ceeding principal and accrued interest,
I'D to Q total amount of $1,000,00
Evening star., 1932-12-11
FOREIGN MARKETS.
BY the Associated Press.

BY the ASSoClated PreSS.
LONDON-Trading on the Stock
Exchange was stagnant. Strength in
sterling exchange, which closed at
s3.25A, helped maintain flrmness in
British funds, which, however, ended
below the best. International issues
were firmer on favorable Wall Street
reports and the market closed Irregular.
BERLIN. The Exchange had a quiet
session and closed firm.
PARIS.--After opening hesitant, prices
on the Bourse became firmer. Led by
international issues, which were fa-
vorably influenced by firmness in Wall
Street, prices advanced generally. The
closing was firm.
Evening star., 1932-12-11
Dividend Declared.

BALTIMORE, December 10 Especially
Directors of the Manufacturers
Finance Co. have declared the regu' ar
quarterly dividend of 1A per cent on
the per cent first preferred capital
stock. The dividend is payable Decem-
ber 81 to stockholders of record at the
close of business December IL.
Evening star., 1932-12-11
Bank Closings Drop.

NEW YORK. December 10 tP).--
The American Banker reports % bank
suspensions for the last week. COM
pared with 36 in the previous week.
Ten institutions reopened. Minnesota
and Wisconsin each had four closings
and Iowa e. IS had three each.
Evening star., 1932-12-11
BAR SILVER.

NEW YORK, December 10 tP).-Bar
silver steadier, " higher at 251z.
Evening star., 1932-12-11
PER SHARE EARNINGS
OF COMPANIES SHOWN

NEW YORK, December 10 R.-Per
share earnings of corporations report
ing this week, with comparisons for last
wear, include the following:
The Daily Alaska empire., 1932-10-31
A GREAT PITCHER

More than any other living in dividual Stagg's name and influ ence is associated with the devel cpment of American football whether rules, performances or principles are involved. Yet, his earliest fame was greater on the diamond than the gridiron and he could have been a successful ma- jor league pitcher in the opinion of those who saw him in his rrime$
 AB4captain of the Eli nine in 1888, Stagg set a record by striking out 20 Princeton batsmen. Within four days he also pitched and won two games against Harvard, fan ming IT Crimson players in one combat.
 Stagg organized and coached baseball and football teams at the Springfield CMass) Y. M. c. A.. College in 1890 before going to the University of Chicago two years later to direct the whole Maroon athletic program. He is the only surviving member of the original Intercollegiate Football Rules Con- mittee, organized in 1904. He coached the American Olympic middle distance runners in 1924.
The Daily Alaska empire., 1932-10-31
SPORT SLAMS \A&M eel1I

It takes a half-page in Who's Who in American Sports to tell just the salient steps and achieve ments in the remarkable career Of Alonzo Stagg, who has been compelled against his wishes at TO to step out of the role of ath- letic director and football coach at the University of Chicago.
 It would take week to recount the deeds and stories associated with his career at Yale, where he was an All-America end and 2 famous baseball pitcher of Chi cago, where he was the chief fi- gure in bringing Middle Western athletics up to. the levels estab- lished by the old Eastern stall warts.
 The Old Man was on Camps first All-America team. When a Midwe1tern player first was in- serted in this galaxy of gridiron honor the choice fell to a pupil Of Stagg's, Hirschberger, the great Chicago fullback and kicker. Sub sequently on Champs All-Americe roll appeared such other Maroon aces as Eckersall, Steffen, De Jardien, McGuire and John Tho. mas.
The Daily Alaska empire., 1932-10-31
Montana Miner Tells
 Of His Experience

Butte, MonJ.-"Inink of a man taking a laxative every day for ten years! No wonder it threw my stomach all out of order and ruined my digestion. Now after taking four bottles of Sargon along with the Pills my body is working like a perfect machine. You can put me down as one more friend of Sargon among the miners and especially booster for the Soft Mass Pills. They overcame a ten-year case of constipation after everything else had failed."-C. A. Woods, 729 Main St., Butte, Mont. Butler -Mauro Drug Go. adv.
The Daily Alaska empire., 1932-10-31
MOST VALUABLE
 PLAYERS RECALLED

NEW YORK, Oct. 3l.-Players who have received recognition as the most valuable in the National League, including winners of the official League award, 1924-29, in- elusive, and those selected by the Baseball Winters Association of America since then, are as follows
 1924-Dazzy Vance, Brooklyn.
 1925-Rogers Honsby. St. Louis.
 1926-Bob O'Faarrell, St.. Louis.
 1927-Paul Waner, Pittsburgh.
 1928-James Bottomley, St. Louis. l929-Rogers Hornsby, Chicago.
 1930-Hack Wilson, Chicago.
 1931-Frank FriSch, St. Louis.
 1932-Chuck Klein, Philadelphia.
The Daily Alaska empire., 1932-10-31

the Western front, leaves his post of head coach at West Point af- ter the 1892 campaign.
 Where Captain John McEwan used inspirational tactics and Cap tain "Bff' Jones applied the Ca dets to rugged fundamentals of the old school, Major Sasse introduced the intricacies of the Warner sys- tenn to Army football.
 No fine point of the game was overlooked by Sasse. He studied tactics and strategy with Warner and Sutherland The delved into kicking technique with Pritchard and Kennard to remedy a long standing Army weakness. A master of end play himself, he developed such exceptional wingmen as Mes sniger and Carimark and exper- fenced a staggering blow in the death of Sheridan.
The Daily Alaska empire., 1932-10-31
POP WAR NER'S
 STANFORD TEAM IS GIVEN UP SET
California Bruins of Los Angeles Do Some
 Scoring to Beat

LCS ANGELES, Gal, Oct. 31.- The active young Bruin football team from the University of Cali forlfia at Los Angeles upset Stan ford 13 to 6 last Saturday after neon before 55,000 bowling fans.
 Blocked punts gave the Uclans opportunities which they seized up- on to turn back Pop Warmers s threat of 1925 when the Bruins were breathers to any good grid outfit, but which Stanford swamp 'oa 82 to 0.
 Stanford marched through the UoLA without any difficulty by a series of dazzling plays early in the game but thereafter the Bruins broke up intricate Warner forma- lions and did a little scoring them selves.
The Daily Alaska empire., 1932-10-31
CAE:Ll.S ]. WALLOP BR0NCOS, REAL
 THRILLER CAME

SAN FRANCISCO, Oct. 3l.-St Mary's Galloping Gaels, driving toward national football recogni- ton as an unbeaten team, kept the record unblemished Sunday with a brilliant IA to IS victory over the Santa Clara Broncos in a game that thrilled 50,000 fans from the opening kickoff to the final gun
 The broncos started out with a bang, pushing St. Marys in the first quarters and scoring two touchdowns but missing one try for the extra point.
 In the third period the Gaels converted, recovering a punt into the first marker and an end run brought the second touchdown. An intercepted pass in the final quarter ended a terrific Santa Clara drive for victory The game ended after St. Marys had put the kall in play once
The Daily Alaska empire., 1932-10-31
Pittsburgh
 Shuts Out
 NOtre Danle
Crowd of 65,0OO Amazed at Defeat of Irish by
 Partners, l2-0

PITTSBURGH, Penn, Oct. 31.- The Panthers of Pittsburgh turned ill the greatest upset of the sea- son last Saturday afternoon by whipping Notre Dame 12 to be- fore an amazed crowd of 65,000.
 After three scoreless periods, with Notre Dame always threatening Mike Sebastian raced 45 yards for the first score for the Partners, and of the game, then Ted Bailey intercepted pass and ran 25 yards for the second score.
The Daily Alaska empire., 1932-10-31
BUSINESS IS MUCH BETTER
One Fundamental Factor Is Indicated in Bank
 Statements

NEW YORK, Oct. 31.--A funda- mental factor in improving the general economic conditions since last summer. according to Wall Street banking authorities, was the checking of deflation of bank credit. The total bank loans and investments generally are accepted as indicating the volume of out
The Daily Alaska empire., 1932-10-31
YALE DEFEATS
 DARTMOUTH so
Forty Yard Drive, Topped by Another Five Yard-
 CT, Gets Touchdown

NEW HAVEN, Conn, Oct. 31.- A 40-yard drive in the second per iod, climaXed by substitute Andy Calland's drive for five yards through the line for a touchdown, enabled Yale to defeat Dartmouth last Saturday afternoon by to 0.
The Daily Alaska empire., 1932-10-31
FIRST TIE; 25 YEARS

RALEIGH, N. C., Oct. 3l.-This years football game between the teams of North Carolina State Col legt and Wake Forest College marked the first time in 9 years of gridiron rivalry that neither eleven left the field with victory They battled to a scoreless tie,
The Daily Alaska empire., 1932-10-31
FOOTBALL
 !. IN SNOW, SHEET
Washington Staters Hold Montana Scoreless
 Last Saturday

PULLMAN, wasn., Oct. 31. = Battling through snow and sleet, Washington State gridders swamp ed Montana last Saturday after noon by a score of 31 to 0, in a Pacific Coast Conference game.
 Play was loose and was marked by frequent furnbles throughout.
The Daily Alaska empire., 1932-10-31
SAN FRANCISCO UNIVERSITY IN
 SURPRISE WIN

LOS ANGELES, Gal, Oct. 31.-4 The San FranciSo University foot ball team scored surprise 26 to ' victory Sunday afternoon over the Loyola Lions
The Daily Alaska empire., 1932-10-31
OREGON UNIV.
 ! BEATS CONzACA

EUGENE, Oregon, Oct. 31.-Af- ter a flashing and sparkling serial line plunging attack, Oregon Uni- versity staved off strenuous last period drives of Gonzaga to win 13 to 6.