davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-08-27
BONDS ARE STRONG
At SHORT SESSION
Speculative Rails Retrace
the Ground Lost in Pre-
vious Session.
BY F. H. RICHARDSON.

Special Dispatch to The Star
NEW YORK, August 27.-Bonds
were strong today, matching a bull
movement in stocks, but the rise was
more conservative. Bond traders were
satisfied that the reactionary trend OF
the past three days had been put be-
hind, the bond markets long advance
thoroughly consolidated and the road
cleared for a further advance.
The market opened with firm tone.
Nervousness over railroad situation was
allayed for the moment by an advance
of 5000 in the weekly car loadings,
by the granting of loans by the Re-
construction Finance Corporation to the
Cotton Belt and the Southern Railway
and by arrangements made at the
Washington economic conference for a
big program of railroad equipment
building.
Most speculative rails came back to
their highs of the recovery, with the
best gains in Chicago & Northwestern
434s, Great Northern rs, Illinois Cen
tral 434s, Missouri-Pacific IS, New York
Central IS, Nickel Plate IS and South
ern Railway As. High-grade rails were
firm around their high prices for the
year.
Interborough Rapid Transit bonds
what developments may follow the re-
ceivership of the company had salts
fed Spectators that the bonds we're
undervalued after the panicky selling
of Wednesday and Thursday.
InduStrialS continued steady. 1t has
been a significant phase of the recent
reaction that industrials SUCH as United
States Rubber IS, Goodyear IS, Nc
Kesson 81 Robbins 5l2s, Texas Co. IS
and Junior utilities like international
Telephone IS, Western Union IS and
American & Foreign Power IS paid
less heed to the general downturn than
did railroad bonds.
United States Government bonds
were firm.
The foreign department had strong
tone. In the general optimism no one
could see any particular menace to the
security markets in the German crisis,
the British cotton strike, the Chinese
boycott of japanese goods or the fight
ing in South America.
Evening star., 1932-08-27
Norfolk & Western.

ROANOKE, Va, August 27 R.-A
gam OF net income for July Of nearly
$4,000 as compared with June, and
an increase in operating revenues of
more than $4,000 in the same period
was reported by the Norfolk & Western
Railroad.
Net income of the company for July,
according to the statement of revenues
reieased mere this morning, amounted to
Sa;oSI ,zof; operating revenues to s4,555,-
e. 81 ana operating expenses to S2,735.-
265. The figures are approxina telv
Sl,02oO00 lower than in July. 1881. for
net income; s2,500,000 lower than the
July, 1881, revenues. and Al 500 mn
lower than the July, 1881, expenses.
Evening star., 1932-08-27

1000 Chic RVS IS 1927 B.. s,s s3s 81
Stock sales todsy-i;, 900 shares.
Bond sales today-S4,0o0.
Evening star., 1932-08-27
Baltimore Markets

Special Dispatch to The Star.
BALTIMORE, Md, August 27.-White
potatoes, 100 pounds, 65a90; Maryland
and Virginia Cobblers, barrel, 1,25al.50;
sweet potatoes, bushel, 40a50; beans
bushel, 35a60: beets, 100, 2,00a250;
cabbage, bushel. 3oa40; carrotsA 100,
1.50a2 so; caulifiower, crate, Scala
cucumbers, bushel 100 corn. dozen
5al0 eggplants, hamper, 20a25; lettuce
crate, 1.50a30o; onions per 100 pounds
S5a1 25 peas. bushel, 1.15al .65; peppers,
hamper, 20a25; squash, bushel, 4oa50;
tomatoes, hamper, 25a40; Gamers stock,
bushel, 4Oa45; apples, bushel, 3oa75;
blackberries, crate, 2.00a250; can
taIoupes, hamper, 25a40; peaches,
bushel, 6oa1.50; watermelons, 100,
300a25 90.
Dairy Markets.
Chickens-Young, pound, 13a19: Leg
horns, l2ai4; old hens, 12a16; Leghorns
old, 11a12; roosters. Sa1o; ducks, 10a14;
pigeons pair, 15a20; guinea fowl, 30a50
Eggs-Receipts, 1928 cases; current
receipts, IS; hennery whites, 23a24;
Western firsts, 18; nearby firsts, l8.
Butter-Good to fancy, creamery,
1Ba2lK; ladies, 13a14; process, 15al6;
store packed, sl2al0.
Evening star., 1932-08-27
Low-Priced Stocks.

NEW YORK, August 27 (SpeciaD.-
An analysis of the rise in the market
since the first week of July shows that
about 100 stocks selling under 81 a
share at that time have had recovery
of 161 per cent, compared with a rise
of about 65 per cent for the general
market index This list includes con-
siderable number that have advanced
200 and 800 per cent and even as high
as 500 per cent. The average Of indus
trials today shows an increase over the
low of July of 80 per cent, while that
of rails is up 180 per cent. Compared
with its low of the end of May, the bond
average has advanced 40 per cent.
Evening star., 1932-08-27
Soldiers Pack to Go.

Replacing the soldiers pack with. a
rucksack is planned by the British war
Office. which seeks to increase the in
fantryman's efficiency by making it
possible for him to move more easily
and quickly. The rucksack will be
carried on the back, but lower down. At
the same time the rather cumbersome
web equipment will be ismplified.
Evening star., 1932-08-27
New York Cotton

Special Dispatch to The Star.
NEW YORK, August 27.-Under the
heaviest volume of business in several
years, prices on the cotton exchange
boiled upward today over half a cent
and closed with a net gain of 48 to Sc
points.
A virtual stampede on the part Of
mills TO secure protection against fu-
ture raw material requirements swept
the market bare of offerings and sent
prices skyrocketing to an extent not
witnessed since the Fall of 1927. The
market closed not far from the top,
with the scramble still under way.
Spots were marked up 55 points to
800.
Cotton range.
Evening star., 1932-08-27
Canary Dealers Worried.

Canary dealers in England are per-
turbed by the progress of the radio,
which, they assert, has caused their
business to decline. Few people want
both a canary and a radio. Experience
has shown that the canary usually tries
to Sing down" its rival, the loud
speaker, and SO prevents the proper en-
joyment of radio music.
Evening star., 1932-08-27
Markets at a Glance

NEW YORK, August 81 (P)-Stocks
strong; utilities in active demand.
Bonds steady; rails improve. Curb
strong; utilities lead advance. Foreign
exchanges firm; Canadian dollar strong.
Cotton higher: strong textile market;
higher cables; general buying. Sugar,
coffee closed.
Evening star., 1932-08-27
BALTIMORE STOCKS.
Special Dispatch to The Star.

More than $4,000 apartments were
built IN Milan. ItalX last year.
Evening star., 1932-08-27

qusrterfy tqfnd oT rates IN dollars based on last
aipidenS p.xaH,. tPartly extra tPlus 4. in s.ocH
stasS tdysoIe n casa or stock, Payable in
IN IN stock. gPlus 81 in stock. Plus iTT
n IL stosi SSoGk' plus P a. in stock. Plus lo%
stock pn,d m 5iqs s% In stock. n Plus 81. In
The Washington times., 1932-05-21
WATCHI
YOUNG PLAN |
BY WALL STREET SPECTATOR

By WALL STREET SPECTATOR
NEW York, May 81 UN.S0.
Wall Street was surprised and in
terested in the Young coalition
plan, but the market yesterday in
dicated it was still in waiting
mood.
The fact remains that Washing
ton so far has contributed moth
ing to cheer about and the Sen
ate is still battling away on taxes
and balancing the budget.
Little Reason to Stir
While this situation remains
there is little reason for doing
things.
The market in the last two
weeks is very apt to go down as
the great Chinese puzzle of 1882.
Some well-posted people have
been looking for a real rally.
About all they have received so
far is eye strain.
Yet the fact remains that feel
ing is growing that the short side
should be avoided. That is, in a
general sense.
Even the newborn bull of the
last week or so would not be
averSe to taking a fling on the
short side if he knew of a situa-
ton that was turning out to be
sour.
Someone Hurt in LOew's
Selling in Commercial Solvents
followed reports the company
was curtailing operations and
had smut down some of its plants.
Looks as though someone were
badly hurt in Loew's. Reports
are that most of the selling has
been coming from out of town.
No other explanation for the
weakness in the amusement
stocks is needed, however, than
the bond market, where their
senior obligations have been drop
ping steadily.
The Washington times., 1932-05-21
COTTON EASIER
WITH QUIET
TRADING

NEW YORK, May 81 U.N.S).
Easier tendencies developed in
cotton futures today with the run
of contracts selling several points
below the previous close.
With Liverpool continuing to
observe a holiday closing until
Monday, trading was compare
lively quiet and selling pressure
was slight.
Liquidation of distant months
by wire houses was combined with
Southern selling. Spot firms sold
July, which was taken up by Japa-
nese interests. Trade demand was
limited. Wall Street and commits
sion houses bought distant
months.
The New York Cotton Exchange
weekly statistical report had little
or no effect on the general trend
of the market 1t showed that
forwardings to mills of the world
of American cotton were smaller
this week than in the correspond.
ing week last year. They totaled
10000 bales this week, against
100000 in the same week last year.
Closing prices we're off 2 to 4
points, with May off at $40,
July off 3 at 5:76, October off 3 at
500, December off 4 at 6.12, jan
uary off 4 at 6.19, and March, '33,
off 2 at 6,36.
The Washington times., 1932-05-21
MARKET CLOSES
! F|RMER AFTER
EARLY SLIP
BY LESLIE GOULD

NEW YORK, May 81 G.N.S).
Evening up for the week end
brought firmer tone to the
stock market today after an ir.
regular decline in the first hour.
Closing gains were of small
proportions, however, while many
stocks showed losses. There was
. new quota of weak spots, in
cluding Montgomery Ward, B. M.
T., Loew's and Loose WileS,
Loew's strengthened after going
to a new low.
Utilities Heavy
Utilities were heavy.
Oils strengthened after an
early decline.
Motor stocks were soft.
United States Steel closed at
29, up Ss; Bethlehem Steel 1914,
up "; American Can 37A, off
"a; American Telephone 96, UP
"; International Telephone 4.
up "; General Electric 1917, up
"; Westinghouse "a, off "a.
Allied Chemical was 531s, off
"; Du Pont 1924, up "; General
Motors 10A, off 1s; Chrysler
6lz, off "; Auburn 33A, up u;
Montgomery Ward 55s, off 12;
Sears Roebuck 175s, off 1s.
Oils and Rails Mixed
Standard Oil of New Jersey
was 243s, off 70; Texas Corp.
1919, off 1s; Royal Dutch 1919, un-
changed; New York Central 111a,
off b; Atchison, 29B, up b;
Union Pacific 423s, up 20.
Consolidated Gas was 461s, UP
"a; North American 20, up 2s;
Case Threshing 20, up "a; Loew's
1874, up "a; Woolworth 29A,
unchanged; American Tobacco B
6O%, off "a.
The Washington times., 1932-05-21
Bakers M0intainin0
Profits in Quarter

: Volume of business of the
large baking companies in recent
weeks has shown a moderate i'm
provement but low bread prices
will prevent any important
change in weekly earnings above
average weekly results in the
first quarter.
Poundage sales Of bread have
been holding at about the same
level as last year but dollar sales
are down 10 to IS per cent due
to the generally lower price level.
In many cities the scent loaf is
now a large seller.
The Washington times., 1932-05-21
Bank ReOpenings
SLIrpGSS CLOsinOs

Not only were bank closings for
April at a lower rate than during
any whole year since the war, &C
cording to preliminary reports
compiled by the Alexander Ham.
llton Institute, but the number of
re-openingS actually exceeded the
closlngS. Only six banks closed
during the month whereas in
1881 the average was over $50 a
month.
In March, while the number of
suspensions exceeded the number
OF assumptions, deposits in the
banks which reopened were near.
ly equivalent to the deposits
locked up through suspensions.
The Washington times., 1932-05-21
CHICAGO LIVESTOCK

CHICAGO May 21 GN.s)-Hor-
1000; steady. Top, $3.50; bulk. $s@3.5o;
heavy, $3@3.S5; medium. $3S5 @S.60:
light, SS.S5@3.SO; light lights. $3.50
$50: packing sowA $2.4O@2.so; pigs,
$2.S5@3.25: holdovers. 5000.
Cattle, 900; steady. Calves, 100;
steady. Beef steers-Good and choice
$6@775: common and medium. $4,000
s: yearlings, $5.25M7.5O. Butcher cat
4.75; bulls, $2.5O@4: calves, S4@s.50;
feeder steers. $4.50@5.75; stocker steers
$4m5.5o; stocker cows and heifers, So
o..
S: common. $3@450: springs. sos:
yesrlinss. s350@4; feeders. $4@45O;
ewes $1@2.5O
The Washington times., 1932-05-21
Life Underwriters
Elect ; Directors

Thomas P. Morgan, Horace
Winter and Carl Dow Smith yes.
terday were elected directors of
the District Life Underwriters AS
sociation. P. l.. Rogers, Robert e.
Lee, jr., D. M. Crouch, Maurice
Soloman. John A. Edwards, Oscar
G. Richards, Miss Katherine viii.
fley, E. N. Wright, F. T. Kirk,
Walter Ogus, C. B. Bailuff, James
O'Brien, D. M. List, H. M. Thomp-
son, Walter C. Burke and E. E.
Henderson were admitted to mem
berShip.
Roger B. Hull, general counsel
of the national association, ad-
dressed the meeting. DR.. S. 8.
Huebner, University of Pennsyl-
vania, will address the June meet
inn
The Washington times., 1932-05-21
CLOTH BUSINESS GOOD

NEW YORK. May 21 UN.s).-Com-
paratively little business was put
through today in the coarse yarn
cloths market. Buyers displayed ex-
ceptionally limited interest as sellers
found activity narrowed to the placing
com mtments for mainly nearby yard
age. Had mills been in the market to
sell July through September deliveries
they could have evoked a number of
acceptanoes embracing substantial yard
ages.
The Washington times., 1932-05-21
NEW ENGLAND TRADE

While activity in New England
manufacturing plants continues
to decrease after some improve
ment earlier in the year, this sec
ton was still ahead of the coun-
try as a whole, according to the
current summary of New Eng
land Business" just issued by the
National Shawmut Bank of Bos.
ton
The Washington times., 1932-05-21
Cash GRAIN CLOSE

CHICAGO. May 81 G.N.sJ.-wheat:
No. red, 5Shc; No. 3 red, 5sc; No. .
mixed, 591kc.
Corn-No. 2 mixed, ssc: No. yell
low, S36SSHc; No. yellow. S2h o
S2%c: No. 2 white. SAGE
Oats-No. 2 mixed. 2sc: No = white,
23% a24e; No, 3 white. 23h 023c: No.
4 white, 22@2a
Barley-4ic.
The Washington times., 1932-05-21
Defense Council
Revival Is Ur0eH

Revival of the Federal Council
OF National Defense in the form
Of a peace time commission would
do much in solving the problems
now facing the country.
This is the opinion expressed
by c. T. Revere, of Munds, Win
slow & Potter, members of the
New York Stock Exchange, in an
open letter issued today.
The Washington times., 1932-05-21
CALL MONEY UNCHANGED

NEW YORK, May 21 UN.sD.-Can
money was held over today at 2h per
cent on the big board and per cent
on the curb.
Commercial paper was unchanged
with prime names quoted at 2% to
per cent, and less known names UP to
az per cent.
quiet with demand somewhat better,
but supply still poor. Asking rates
were unchanged at X Of 1 per cent for
80, So and 80 days; 1 per cent for 100
$50 days ~
The Washington times., 1932-05-21
Tide Water POLUer
Earnings Increase

Tide Water Power Co. reports
gross operating revenues of
81 ,569, 1857 for the IL months end
ed March 81, 1882, compared
with $1,372,599 for the cor
responding period the year pre-
viouS.
After operating expenses, taxes
and other charges, the net in
come available for retirement
and dividends was 1920, ,909, COM
pared with $285,59 a year ago.
The Washington times., 1932-05-21
297 Corporations
Cut Net so Per Cent

Combined profits of 297 corpo-
rations in. the first quarter of
the current year amounted to
500, ,446,00O, a decline of fully
go per cent from the results Of
the corresponding period of 1881,
says the Standard Statistics Com
pany, New York, in a current
survey.
The Washington times., 1932-05-21
Acacia Mutual NOW
IIlSMreS NO1-MnSOnS

The Acacia Mutual Life Asso-
citation of this city has put in
effect an amendment to its char.
ter permitting it to insure men
who are not Masons, condition
which has been required.
j. P. Yort has been elected q
vice president; Samuel E. MooerS,
secretary; J. w. Apwitz, treasurer,
and L. w. Crippen, actuary. VIII
liam Montgomery is president.
The Washington times., 1932-05-21
Crude Oil Stocks
LOUered in Yenr

The oil industry is in the
best statistical position that it
has ever been in, with stocks.
of crude 29,72O,O0O barrels lower
than they were at the end of
March, according to the T. S.
Hose weekly report on the petro-
leum industry.
The Washington times., 1932-05-21
Bits Of Trade
News Cheer

Lumber orders and ship
mentS both exceed cut.
Western Dairy Products
cuts loss nearly half.
Grains, cotton, coffee and
sugar higher yesterday.
Bonds Friday score first
rise in IL days.
Detroit job index climbs
in past month.
The Washington times., 1932-05-21
HOUSEHOLD DIVIDEND

Directors of Household Finance
Corporation have declared the
regular quarterly dividend o. $1.05
per share on the corporations
participating preference stock, and
90 cents a share on class "a" and
"B" common stocks, July IS.
The Washington times., 1932-05-21
GROSS EARNINGS UP

Associated Telephone Utilities
Company, an independently opera
ted company, for the IL months
ended March 81, 1882, reports
gross earnings of $17,385, ,096,
against $16,072,633 for the pre-
ceding IL months,
The Washington times., 1932-05-21
BOND MARKET

NEW YORK, May 81 Q.N.SO.
While United States Government
loans showed rallying tendencies,
the domestic bond list presented
an unimpressing appearance in to-
days short session.
The Washington times., 1932-05-21
LILY-TULIP DIVIDEND

Directors of the Lily-Tulip Cup
Corporation have declared the
regular quarterly dividend of 3712
cents per share on the common
stock, payable June Is to stock
holders of record June l.
The Washington times., 1932-05-21
CURB MARKET

NEW YORK, May 81 Q.N.S)-
The curb market hardly budged
out of a restricted trading area
in characteristic midsummer
session for dullneSs today.
The Washington times., 1932-05-21
FUTURES
FINISH HIGH

CHICAGO, May 81 GN.SO-
Wheat closed 5sc to 1bc a
bushel higher today, continuing
yesterdays climb. Last prices
were at the top for the day.
Other grains followed, corn
closing Ac to 3sc up and oats
1ac lower to 1sc higher. Rye
was 12c to 5sc advanced.
The Washington times., 1932-05-21

tal Optional stock or cash. tb) Partly extra Extra
stock and cash. (d) Extra stock e Including
~ ssOthS OF share in stock E) Paid 1891 thI Pay
able in stock. (kD Paid this (AAD 1O0s stock
LwWl With warrants t1wI without warrants (") Ex-
dividend. rights
Dividend rate in dolars in parenthese.
Smyrna times., 1932-10-19
MARYLAND FARM
BUREAU HEAD
Continued From Page Six)

office is $4,000. Mr.. Massey has
been connected with the Kent
County Farm Bureau since its or
Smyrna times., 1932-10-19
Electricity From Jordan

There is no river so universally
familiar as the Jordan. 1t is a
petty river, barely 100 miles In
length, but it has always been of
the deepest significance in the his
tory of both Judaism and Chris
tianity. Scientists say that the
course Of the River Jordan has been
changed by nature many times dur
ing the ages. Today man has set
himself to change the river bed
once again and to harness the wa
ters Of the Jordan for his utilitari-
an purpose. The waters of the sa-
cred river are now used to pro-
vide electricity for the people of
Palestine and Transjordania.-Pal-
estine Letter in the Manchester
Guardian.
Smyrna times., 1932-10-19
Amateur Gold Panninp

The geological survey says that
there IS little opportunity at pres
ent for an inexperienced person to
make a living by panning gold.
Placer operations are now conduct
ed on a larger scale and require a
considerable amount Of capital. AL
though it might be possible for an
experienced prospector to discover
paying placer ground, provided he
has ample capital to sustain him
for considerable time, it is extreme
ly unlikely that anyone without ex-
perience could hope for success.
Gold placers of greater or less ex-
tent have been developed in nearly
all regions in which veins carrying
free gold have been mined.
Smyrna times., 1932-10-19
FARMERS EXCHANGE PLANT

Eastern States Exchange to Oper-
ate Fertilizer Plant in Wilmington
The Eastern States Farmers Ex-
change, of Springfield, Mass, has
leased land and buildings at the
Marine Terminal in Wilmington for
the manufacture and distribution
of fertilizers. The exchange is
non-stock, non-profit organization
owned and controlled by the farm
ers in Delaware, Maryland, Penn
sylvania and New England. The
organization has operated a feed
plant and seed warehouse at Buffa-
10 since May, 1925, and a fertilizer
plant at Boston, since July, 1881.
The Wilmington location was de-
cided upon after a series of confer
ences with officials of the Board of
Harbor Commissioners and the
Chamber Of Commerce. Whining
ton was chosen after a survey of
the Middle Atlantic Seaboard.
Wilmington is so situated that it
will serve a larger number of mem
bers of the Exchange in the Middle
Atlantic States than other ports.
The plant at the Marine Terminal
also has the advantages of three
important types of transportation
service which are essential to the
shipment of bulky materials such
as fertilizers, namely, a. deep
water for ocean going vessels and
coastwide barge service, (2) excel
lent railroad service from more
than one leading railroad line, (3)
direct connection with good high
Smyrna times., 1932-10-19
NO, SHE DOESN'T NAG

Lady, do you nag your hus-
band?'
What! Me nag him? I should
say not! I'm always after him for
the way he treats me-"
Smyrna times., 1932-10-19

The Old Marley Paper Mill at
Childs, four miles north of Elkton,
Nd, which for the past year was
run by the Maryland Paperboard
Company, has changed hands and
a new product will be manufactur-
ed there. The name of the new
concern has been changed to the
Elk Paper Manufacturing Com
pany, with o. r. Emigh, general
manager, and Carroll T. Gardner,
plant manager. The product to be
made will be high grade wrapping
paper.
Smyrna times., 1932-10-19

ganization some years ago and is
one of the leading landowners in
Kent county. He is cashier of the
Massey Branch of the Peoples
Bank of Chestertown. A. G. Ensor
of Hartford, is also prominently
named as he is vice president of
the Maryland Agricultural Corpor-
alton.
Smyrna times., 1932-10-19
SPICY ITEMS OF
DELMARVA NEWS
Brief News Items of People
We Know in and Around
Larger Peninsula Towns
FROM OUR EXCHANGES

The marriage of Miss A. Roberta
Dean and Roland L. Wiley, both of
Seaford, took place at Denton, Md,
on October 8, the Rev. E. G. Hall
man, pastor of the Denton Meth
odist Episcopal Church, officiating.
Charles G. Collision, of Ceilings
wood, Pa, and Miss Lillian M. Kes-
selring, of Dover, were united in
marriage in the Dover Presbyter-
ian Church by the pastor, the Rev.
C. Ashworth Burslem.
Smyrna times., 1932-10-19

Jones-The automobile is running
the young people of the present day.
Brownies, but have you thought
OF how young people Of the present
day are running automobiles?
Smyrna times., 1932-10-19
SERVING BOOKS

She-Do you use bookplates to
serve books on, dear?
He (well infOrmed)-Perhaps, love
they re mental food.
Smyrna times., 1932-10-19

Like fish you are, Patsy. Let's
drive out as far as the ten-mile
run and then come back and tell
Aunt Nellie"
Smyrna times., 1932-10-19
Birch Grows From Pine

Bethel, Maine.-A large birch
tree grows from the stump of an old
pine tree here.
Smyrna times., 1932-10-19
|1GM WISDOM
.c,rcHING

+. seem to talk quite
-adon, without actu-
+ sitting.
I'M lhe art Of It. A
4'ils avoid letting his
INTO his interviews.
Smyrna times., 1932-10-19

Son, If I'm not mistaken I saw
you with one Of those pretty chorus
girls last night"
YOU'RE right. father, but she
made me promise I'd not give any
one else her address"