davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-03-16

year ended January 81, 1882. sS4,4 AL vs..
deficit $157,107.
Weston Electrical Instrument 1881
common share earnings, 80 cents VS..
$3.15.
Armstrong Cork to mark up some
linoleum grades on average of 6 cents
to 7 cents yard.
Siemens & Halske, A. G.-Orders of
40 per cent in four months ended Feb
ruary 90; decline in previous IL months
was 10 per cent.
West Virginia Coal & Coke 1891
deficit. s211, 1898 VS.. deficit ss4,2s5.
Bourjois. Inc, 1881 common share
earnings s1.20 VS.. S1.34.
Ford Motor Co.-Reported COM
pany's steel orders are below expecta-
tions; assembling 100 cars daily.
Peoples Drug Stores 1881 common
share earnings 1881 VS.. Alb.
American Bakeries declared IS cents
quarterly class A dividend; formerly
paid rs cents.
American Tobacco-Stockhold of
American Cigar Co. ratified plan to
transfer practically all business to this
company.
Consolidated Cigar Corporation de-
clared rs cents common dividend; for
merly paid $1.25 quarterly.
GaIlOCk HdCklng OeclareQ 10 Genus
quarterly common dividend; formerly
paid 80 cents.
Graham-P Paige Motors - Prices of
eight-cylinder models marked up 500.
Associated Telephone & Telegraph
declared 81 quarterly class A dividend; /;
in previous quarter also declared so
cents extra dividend.
Chicago Railways net income, year
ended January 81, 1882, $431, iii VS..
s572,641.
Evening star., 1932-03-16
KESSLER OIL PLAN
MAY VIOLATE LAW
Observers Believe Anti Trust
Act Would Prevent "Sta-
biIization" Move.
BY WILLIAM VOIGT, JR.

WlllbH lOT IIle ASSOCldlcU ETtSS.
TULSA, Okla, March 16.-Oil men
of the Midcontinent area hold varied
views about the revised "Kessler plan"
of world petroleum stabilization.
AS whole they have matters of
greater immediate moment, or at least
that strike nearer home, to occupy their
attention
Comment that showed considerable
doubt, however, that the KeSsler pro-
posal was feasible or desirable for the
United States came from a number of
oil executives and company attorneys.
Kessler's plan, a revision of SIM
liar proposal that last Fall was gen.
orally adjudged in conflict with anti
trust laws, would join the oil producers
of the 13 oil-producing countries in AM
agreement to limit output for the pur-
pose of increasing prices.
If the first Kessler plan was OBJ
jectionable, by reason of probable vio-
lation of our antitrust laws, 1t is
probable the second plan is subject to
this same objection" said the general
counsel for one of the larger COM
panies operating here.
Without this plan" he said, "the
oil markets of the world are now open
and free. The serious question to be
considered is whether the Kessler plan
will alter this situation. Under it
United States operators would agree to
restrict exports to imports, plus GER
tain adjustments AS a consideration,
other countries would agree upon their
declared minimum production and eff
feet it through restricted drilling or a
prohibitive tax
ITO induce an agreement of normal
world consumption outside the United
States which would be less than the
declared minimum, a quarterly pay
ment would be made to other coun-
tries than the United States from a
fund to be raised by all operators, in
Guiding the United States"
The attorney noted also that "the
duration of this cartel is dependent,
not upon conservation of mineral re-
sources, but shall continue until oil is
81 per barrel and 81 degree Beaume
"A" gasoline is 8 cents per gallon for
a period of six months"
Observers considered this price-fixing
element in direct conflict with the anti
trust laws.
Evening star., 1932-03-16
new YORK BANK STOCKS

NEW YORK, March 16 (P.-Over
the-counter market:
BANKS
Evening star., 1932-03-16

of S621,923 after
charges, deprecia :
ton and Federal
taxes, equivalent
after 81. per cent
pre- + er r e d divl-
dends, to 1881 a
share on 122,737
no-par shares OF
com mon stock.
This compares with
S671,702, or S4.12
q share en- 124,550
common shares in
1880. Net sales for
the year amount
ed to $17,439, ,032.
c ON pare d with
S16,759,665 in pre-
ceding year.
Pa1aOcP sheet as
Evening star., 1932-03-16
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, March 16.-Following is
a summary of important corporation
news prepared by the Standard Sta
tistics Co., Inc, New York, for the As
sociated Press
News Trend.
Although revenue freight car load
ings increased during the week ended
March 5, the rise was less than the
usual seasonal amount According to
the American Railway Association,
loadings totaled 559,439 cars, which
compares with 535, ,49S cars in the pre-
ceding week, when loadings were
smaller owing to the observance OF
Washington's Birthday anniversary, and
723,215 cars in the corresponding week
Of last year.
Increased production in East Texas
was the main cause Of the rise IN crude
oil output during the week ended
March IL. The daily average crude oil
production advanced to 2,145, 500 bar
rels from 2,140,850 barrels in the pre-
ceding week, an increase of ALSO bar
rels, according to the American Pc
troleum Institute.
The Companies.
Canadian General Electric Co. 1881
common share earnings, $9.05 VS.. Sl6.77.
Cord Corporation subsidiary, Century
Pacific Air Lines, cuts express rates as
much as 20 per cent.
Detroit Edison Gross, IL months to
February %, off 10 per cent; net in
come up 3.9 per cent.
Happiness Candy Stores-Secretary
states company is not insolvent and
owes no debts other than current bills
not yet due.
New England Public Service took no
action on quarterly common dividends
of 25 cents in cash and IL per cent
in stock ordinarily due at this time
Producers Royalty Corporation 1881
deficit before depletion, $7,344 VS.. net
income before depletion and taxes,
S131,825.
Ryan Consolidated Petroleum 1881
deficit before depreciation, depletion and
drilling expenses, $l7,845 VS.. net income
1929, ,709.
Superior Portland Cement declared
dividend of 1912 cents on class B stock;
paid 25 cents December 81, 1881.
Western Power Corporation 1881 pre-
ferred share earnings, $3.50 VS.. $3006.
hIlltICdll MdlDC IIOOuCIo QcCldICu AZ
cents quartely dividend; formerly paid
so cents.
American Smelling & Refining cuts
lead price 10 points to 3.15 cents a
pound
Heyden Chemical 1881 common share
earnings, STAT VS.. S1.87.
Imperial Chemical Industries, Ltd,
declared final common dividend for 1881
of per cent, making AZ per cent for
year.
Russeks Fifth Avenue, Inc, deficit,
Evening star., 1932-03-16

Malcolm G. Gibbs of this city is
president of Peoples Drug. The pre-
ferred stock has been listed on the
Washington Stock Exchange for many
years. the last sale having been made
at &c. Mr.. Gibbs has expanded the
business steadily until Peoples is now
one of the largest drug store chains
in the country. The report shows an
other satisfactory years business in
spite of prevailing conditions.
Evening star., 1932-03-16
First Mortgage Loans

Lowest Rates of Interest and Commissiu
Thomas J. Fisher & Company, In,
Evening star., 1932-03-16

of December 81, 1881, shows current
assets of S3,439,857 and current liabili
ties of SI,140,926, comparing with So
297,647 and $1,100824, respectively, at
close of 1880.
Consolidated income account of
People Drug stores. Inc, and affiliated
corporations. for year ended December
81, 1881. compares as follows:
Evening star., 1932-03-16

The Great Wall of China is the
worlds largest construction. It is
huge barrier Of earth, brick and stone
and with its loops, twists and Y-shaped
diversions is $500 miles long
Evening star., 1932-03-16
SILVER QUOTATIONS.

NEW YORK. March Is P,.-Noon.
Silver futures steady; sales, LOTS 900
ounces. Quo lions IN cents: March.
3o.o5 BID; Ma, 3040 bid; July. 39SJ
bid: Sepcc.1sc.., 3l25 bid; October,
3l.45 IA
Evening star., 1932-03-16
PEOPLES DRUG NET
IS $381 A SHARE
Annual Report of D. C. Firm
Reveals Profit of S621,923
for Year.
BY EDWARD c. STONE.

Peoples Drug Stores, Inc, and afil-
lated corporations, with the main Office
in Washington, reports for the year
ended December 81. 1881, net profits
Evening star., 1932-03-16
U. S. TREASURY BALANCE.
BY the Associated Press.

BY the Associated Press.
Treasury receipts for March IA were
$9,720,85421; expenditures. S18,986,-
1915: balance, 1855, ,492. .34282. Gus
toms duties for IA days of March were
Sl0,275, ,867.17.
Evening star., 1932-03-16

The sentimental tendency of the
Nation is evidenced by the S7,000.000
spent for Valentine greetings this
yeazi~ This amount equaledp~the COM
bipsd sotal for 1880 and l9ais
Evening star., 1932-03-16


1890 AM........ 100000 1900 Noon. 100000
1880 PM. 100000 2:10 PM 100000
amt ash
the --latest
extra Plus 4 in stock PAID this ysarno regular rates
Plus 81 special preferred stock Plus SO stock
m regular So Plus
Evening star., 1932-03-16

Ga Zonite Prod Corp ID 9b S7s 81
Sales Of Stocks on New York Exchange
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-04-29
>A y

wherein lay our strength, and have
attempted in all manner of ways
to keep us divided, and not to let
us understand that we workers have
interests in common. They cut
wages, not everybody's at once, but
one at a Tine sThey put foremen
over us, they introduce piece work;
and, laughing up their sleeves at
how we workers toll at our work
lower our wages little by little. But
it's a long lane that has no turning
There is a limit to endurance. Dur
ing the past year the Russian work
ers have shown their bosses that
slavish submission can be trans
formed into the staunch courage OF
men who will not submit to the in
science of capitalists greedy for un-
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-04-29
by JAMES LERNER

MERE going back to Union So.
" was the joyful announcement
of the Socialist press May l a year
ago This c.ngle line was supposed
to be the herald OF a new era in
socialist policies.
In 1929 at a melting OF lawyers,
accountants and some workers call
ed by the S. P. May l, Norman
Thomas led in the singing of the
Star Spangled Banner. Union
S., the scene of revolutionary DEM
onstrations in New York, was out
of the Socialist Party vocabulary.
The year before the socialists had
dropped the phrase "class struggle"
from their constitution because or
ganized capitalism had done away
with the need for class struggle.
Algernon Lee said as much as this:
We'll, frankly speaking, l do not
believe that Marx or Engels could
clearly see the possibility of high
ly organized capitalism which
would be able to tame the unem-
ployment devil' But it was a sim
lister devil playing mean tricks with
the socialists. The next year the
red-horned freak re-appeared and
left the socialists high and dry
with their theories. The success of
the Soviet Union also playing a
most important part in showing up
the party's bankruptcy.
The Socialist Party has started to
change its appearance. In New
York they are organizing unem-
ployed organizations. AT the ma
tional convention, which is to take
place in May, resolution demand
ing the re-inclusion of the phrase
class struggle" in the constitution
will be proposed. And also, even
Norman Thomas has called for a
new attitude towards the Soviet
Union. Are these symptoms of the
SOCIALIST Party's return to Union
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-04-29

paid labor.
In various
broken out;
Ivanovo-Vizn.
Minsk, Kiev
towns. The; I
ended success
but even tlr
only apparel
reality they f
ribly, cause |
force them tx
fear OF a ne
inspectors al
and notice Il
talists' eyes.
their eyes are
calling a STIR
the factory
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-04-29
"a = y

Editorial Note by A. TRACHTEN-
BERG.
The May Day leaflet which is re-
printed below was written by Lenin
while he was incarcenated in a st.
Petersburg jail awaiting trial in the
Spring of 1896. When arrested in
December, 1895, Lenin, at the age
of 25, was already the leader of the
central organization of the Social
Democrats in ST. Petersburg. Le-
Minis characteristic method was to
gather first hand information about
living and working conditions OF
workers, carefully check and analy7e
the information obtained, and
write leaflets in the most simple
terms SO that the least developed
workers could understand While
Lenin had already then to his credit
number Of serious MarXist studies
New Tendencies in Peasant EcOno-
my, ETC., and polemics with the Po-
pulists who are the Friends of the
PeOpie," etc.), he particularly enjoy
ed writing for the masses, and his
training during the period impressed
itself on his writing during the fol-
lowing thirty years
The May Day pamphlet was writ
ten at the request of st. Petersburg
Union of Struggle for the Liberation
of the Working Glass, one of the
first Marxist organizations in Rus
STA which helped to found the Rus
sian Social-Democrati Labor Party
in 1898. The May Day leaflet was
struggled out of the prison ana
mimeographed in 1000 copies, an
edition considered at that time as
very large. 1t was distributed
among workers of 40 shops and fac
tories with what proved, very soon,
great success. Contemporaries write
that when month afterwards the
famous strikes of 1896 broke out,
workers were telling us that this
modest little May Day leaflet was
the first impetus to their organiza-
ton" The comrade who attended
to the technical end of getting out
and distributing the leaflet wrote as
follows about the effect of this leaf
let on the st. Petersburg workers:
In issuing and distributing this
May Day leaflet we felt that we ac-
compliShed great revolutionary
task. The calling of the great strike
one and half months afterwards
by the weayers, among whom the
movement began and was spreading
precisely under the influence of the
May Day leaflet and was only await
ing the opportunity to assert itself
openly, demonstrated to us and to
the whole world that re were not
wrong in our estimate. The strike
developed extactly in those shops
where our leaflet was best distrib-
uted.'
We reproduce the Lenin May Day
leaflet not as relic dug out from
the dusty archives, but rather as a
living piece Of simple and direct
writing for workers on a revolution
airy theme. Although written IS
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-04-29
b a { < 7

5. to stay? {
sending Of a
revolution?
| Let us take
battle on thi
within the re-
the last two
become disgu
attacks made
the U.S.s.R.
lectuals have
same way. So
New Leader
testify from /
the absorbing
able interest
country. L ca
fact that we
much harm b,
carping and
cisn OF RusSii
Just because
Russia that n
the good of "
well as a gre
want to be
make criticism
ing" Criticize
careful that
the workers
continue to h
ty. One of Il
ker Lewis,
should change
Soviet Russia
attitude builC
us and certai.
What have
poor unemr
whom every il
er is Wringing
When the p
made a sham
SOclallSJ rory
in the demon
police; the yc
the handson.
graceful horse
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-04-29

years ago, it serves as an example
for May Day leaflet in any of the
capitalist countries today. The Lee
min leaflet produced results" be-
cause it was written in a language
which the workers could understand.
because il was concrete and dealt
with problems which the workers
could identify as their own, because
it was distributed not indiscrimin-
atciy, but directly to workers in the
shops and factories, and, naturally,
! because of previous work in these
Stops and factories.
In this leaflet Lenin reveals him
self not only the brilliant teacher
but the successful organizer ana
leader of the masses as well.
The Workers Holiday-May First
Comrades! Let us look carefully
into the conditions of our life; let
us observe that environment where
in we pass our days. What do we
see? We work hard: we create I'M
limited wealth, gold and rich fabrics,
brocade and velvet; we dig iron and
coal from the bowels of the earth;
we build machines, ships, castles,
railways All the wealth of the
wealth of the world is created. by
our hands, is obtained by our sweat
and blood. And what reward do we
receive for cur hard LAHORE In
justice we should live in the houses,
wear good clothing, and in any case
not want for our daily bread. But
we all know very well that our wages
scarcely suffice for a bare existence.
Our bosses lower the wage-rats,
force us to work overtime, unjustly
fine us. In word. they Cypress us
in every way, and, in case of dis
satisfaction on our part, they prom
pity discharge US. We time and time
again discover that those to whom
we turn for protection are friends
and lackeys of our bosses. We, the
workers are kept in ignorance, edu-
cation is denied to us, that we may
not learn to struggle to improve our
conditions. They hold US in bond
age, discharge us on the slightest
pretext, arrest and exile anyone Of
fering resistance to oppression, for
bid us to struggle. Ignorance and
bondage,-these are the means by
which the capitalists and the Gov
eminent, always at their service
keep us in subsection.
What means do we have to i'm
prove our conditions, to raise our
wages, to shorten our working day,
to protect ourselves from abuse, to
read intelligent and useful books9
Everybody is against us-the bosses
(since the worse off we are, the bet
ter they live), and all their lackeys
all those who live off the bounty
Of the capitalists and who, at their
bidding, keep us in ignorance and
bondage. We can look to no one
for aid; we can rely only upon our
selves, Our strength lies in union;
our salvation in united, stubborn,
and energetic resistance to our ex-
ploiters. They have long understood
Imperial Valley press. (El Centro, Calif.) 1907-current, 1932-11-05
STATE SCHOOL
OFFICIAL WILL
VISIT VALLEY

Three important meetings were
conducted this week under the aus
pieces of the county superintendent
of schools office, one of which will
be of interest to those wishing to
take university extension courses.
Miss Helen Heffernan, chief of
the division of rural education and
elementary schools, state depart
ment of education. will be in Ell
Centre Monday evening, November
7, to hold the first meeting of the
University of California extension
class in language, arts, spelling and
writing.
The class is an upper division
one and two units of credit will be
given those completing it. 1t will
be held from 7"10 o'clock in the
Wilson school and approximately
one meeting will be held each
month. Ten meetings are required
for completion of the course and an
entrance fee is required.
Yesterday afternoon at o'clock
at the Eucalyptus school. all the
teachers interested in a play day
for elementary schools were in ses-
sion. Miss Winifred Van Hagen,
chief of the bureau of physical edu-
cation for girls. state department
of education, conducted the meet
ing.
Today the Alamo school will be
headquarters for an all day meet
ting to be held between the hours
of d. m. and p. m. Miss Win
ME Mae Mackie and Mrs. Grace
Terrell, instruction supervisors
from the county superintendent of
schools offices, are in charge of the
Mrs. Hester Parsons, principal of
the Alamo school, will conduct a
series of demonstration classes. The
school P. T. A. will serve lunch
con at noon to all those who have
made reservations.
Imperial Valley press. (El Centro, Calif.) 1907-current, 1932-11-05
TueIUe Man Team
Defeats Teachers

PASADENA, Nov. 5.-(U.D-The
Occidental college Tigers inaugur-
ated the "12 man" football team
last night by scoring a decisive VIC
tory over Santa Barbara state col
lege. 20 to 0, in a Southern CAN
fornia conference game.
With both teams using the twelfth
man as a field general or secono
quarterback, the Tigers found 1T
tie use for him, the regular eleven
tearing gaping holes in the light
er Santa Barbara line.
Coach Bill Spaulding of the Uni
yersity of California at Los Ange-
les was one of number OF Call
fornia coaches who watched the
new system, as devised by Andy
Kerr. Colgate mentor, work.
The extra player presided at mud
die sessions, called signals and ther
stepped back with the referee as tnf
play started. While his team Wa'
on the defensive, he retired to the
sidelines.
Imperial Valley press. (El Centro, Calif.) 1907-current, 1932-11-05
XIV ANS CLUB
PICKS ANDERSON
FOR PRESIDENT

c. E. Anderson will head the Ell
Centre Kiwanis club during the
coming year, following the annual
election which took place at the
regular weekly meeting yesterday
noon at the Barbara Worth hotel.
Directors elected yesterday were !:
H. R. Anderson, w. L. Apple. DR..
Sem Bacon, R. c. Clemens, w. c.
Costello, R. D. Johnson, Ed Mason,
w. H. Tyler, Jr., and Roy H. Wom-
ack. John L. Dubois, retiring pres
ident, automatically becomes a
member of the board.
D. B. Roberts and Ray Johnson,
local attorneys, engaged in four
minute debate upon the subject of
proposition No. 3 on the election
ballots. Johnson talked in favor
of the proposed measure and Rob-
erts in opposition to it. Each
speaker presented convincing ar
guments in support of his views
on the subject.
In a straw ballot which was TAX
en- during the session, President
Hoover held a majority of 5 to l.
In the senatorial straw ballot, Tai
liant Tubbs received II votes
Robert P. Shuler, 10, and William
Gibbs McAdoo, 2.
Charles Anderson gave an inter-
esting account of the district XII
wants convention which he attend
ed in San Francisco recently.
One of the highlights of the pro-
gram was a brief address by Will
+, liam Gibbs McAdoo, candidate for
the United States senate from Cal
| ifornia. He was introduced by
Ernest r. Utley, chairman OF the
Imperial county Democratic com
mittee. The candidates remarks
were received with applause on the
part of Kiwanians.
H. R. Anderson was chairman OF
the dav.
Imperial Valley press. (El Centro, Calif.) 1907-current, 1932-11-05
LITTLE CHANGE
SHOWN DURING
RECENT MONTH

Changes in industrial and COM
mercial conditions in Southern
California during October were of
only minor Importance. When the
various seasonal influences are
taken into consideration, it appears
that the trend of business during
the past two months has been ap-
proXimately horizontal However.
declining tendencies became notice
able toward the end of October in
number of lines of activity, due
in the opinion of business men, to
uncertainty attending the out
come of the approaching presiden-
tial election. The Importance and
extent of this influence cannot be
definitely measured.
This is the. Introductory para
graph of the Monthly Summary
of Business Conditions in the Pa
cific Southwest territory COM
piled by the department of re-
search and service of the Securi-
ty-First National Bank of Los An
geleS, and released for publication
today. The summary continues in
part:
Contrary to normal expectations,
bank debts in Los Angeles de-
creased SO per cent during Octo-
Der and reached the lowest point
of the present depression. The
fact that debts are now more than
so per cent below the level of 1880
is probably better measure of
the decline in the volume of real
estate, stock, bond and other cap
ital transactions than it is of
changes in the production and dis
tribution of commodities and SER
vices. Although slow deflation still
characterizes many fields of econ
omic activity, the position of the
banking institutions of Southern
California continues, as in recent
months, to show definite improve
ment.
Retail trade in Los Angeles was
reported to have been quieter in
October than in the preceding
month due largely to seasonal fac
tors, although declining tendencies
appeared during the last two weeks
According to data compiled by R
G.. Dun & Company, both the
number and aggregate liabilities OF
business firms failing in the cities
of the southern part of the state
increased during the month a;
compared with September. In the
field of industry, no significant
changes occurred. Public con-
struction projects have recently re-
suited in increased business fol
several of the local steel mills anc
/ further improvement of this ma.
ture is expected in November anc
( December.