davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1932-01-18
COMMITTEE PLANS CAMPAIGN
TO AID LATIN-AMERICAN TRADE
international Business Interests Seek to
Tear Down Existing Artificial
Barriers.

1.-THE power of Latin American coun-
tries to buy and consume our goods
proceeds from the sales they can make
of their products abroad. This basical-
ly affects their ability to settle their
foreign obligations"
The Committee on Inter-American
Relations Is composed of executives OF
nearly 30 of Americas largest business
enterprises. engaged in foreign COM
merce.
Committee Members.
Officers are Gen. Pierce, chairman;
James S. Carson of the Electric Bond
& Share Co.. Robert H. Patchin OF
w. r. Grace g. Co., Eugene P. Thomas
of United States Steel Corporation,
Gerard winston Of Sherman g. Ster-
ling and w. T. Moran of the National
City Bank, all vice chairmen; o. X.
Davis, National Foreign Trade Council,
secretary, and c. c. Martin, Pan
American Information Service, assist
ant to the chairman.
THE resources of the Latin Ameri-
can countries, the industry and intel
ligence Of their people and the su
periority of present-day communica-
ton with all world markets leave no
doubt of the importance of the sister
republics in the recovery which we
hope will not be long deferred" said
Gen. Pierce.
This committee feels that intensive
study of the various phases Of the
problem of recovery is most timely"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1932-01-18
Everybody's
Business
Early Agreement Between
House and Senate E*-
bected on Reconstruction
Finance CORPORATION
BY DIR. MAX WINKLER.

Special Dispatch TO The stsE
NEW YORK, January 18 (NANA).
Although the reconstruction finance
bill was passed by the House, the mea-
sure differs from that of the Senate
in many important particulars and
contains provisions which appear to be
opposed by the White House. 1t would
therefore seem that several obstacles
will have to be removed before the
bill becomes law.
It is difficult to understand why an
early agreement should not be reached.
The economic and fiscal situation in
the country remains serious and the
proposed corporation is generally eX-
pected to assist materially in bringing
about a speedy rehabilitation. Further
delay would seem utterly inexcusable.
With today's installment, the recent
ly formed National Credit Corporation
will have $100,000,000 to be used in
aiding banks with insufficient liquid
resources to meet Withdrawals of de-
posits. No one questions the sincerity
OF those charged with running the cor
poration. However, when one reads of
continuous bank failures, some doubt
is created as to Whether the relief is
actually forthcoming which the cor
poration's sponsors had promised
1t is hoped and expected that the
reconstruction finance corporation will
provide whatever aid the Nlt.onal
Credit Corporation was unable to rem
der.
Short-term investments would seem
to exist largely in the imagination of
optimistic creditors. On more than
one occasion 1t has been found neces-
sary to agree TO extension and CONVEX
Sions. This would seem to apply to the
short-term commitments In Germany,
Of which American institutions are
said TO account for about $500 ,o00, 00o
Last Fall, due to the precarious finan-
cisl situation in the Reich, repayment
was extended till February 20.
Now, 1t is believed. new agreement
has been reached in which postpone
ment is granted for one year. with
creditors having the right to ask for
a conversion Of the GIb5S due th-m
into obligations running for several
years. Thus, a short term debt viii
eventually be changed into a long
term commitment.
The various measures about to be
taken to help the railroads of the
United States are being viewed with
satisfaction by holders Of Al sorts OF
railway securities, both ms ltions and
Evening star. [volume] (Washington, D.C.) 1854-1972, 1932-01-18

individuals. Aside from the proposed
10 per cent cut in wages and various
economies to be effected, the help to
be given the carriers is largely in the
form of loans and credits which will
eventually have to be repaid.
1t may well be asked whether such
policies afford a genuine solution. An
outstanding authority on railroad af-
fairs rightly remarked that no strong
national transportation system can be
reared on the basis of financial ex-
pedients of this kind"
Might 1t not be desirable to give
serious consideration to reviSionS in the
capital structure of some Of the sys-
tens?
Operations of Wilson q Co. in 1882
should show profitable results, accord
ing to Thomas E Wilson. president,
Mr.. Wilson, in describing last wears loss
Of over 100000 as compared with a
profit Of over $500 900 in 1880, points
out that inventory declines in 1881 have
been the most severe in the hacking
house industrys history.
Values, Mr.. Wilson continues. have
reached level so low that it seems
hardly possible that further substantial
inventory losses could occur.
Japan is one of the many countries
taking advantage of the low quotation
Of her bonds in foreign markets Ac-
cording to reliable estimate, the coun-
try has repurchaSed and holds TODAY
almost S400 100000 par value of external
Japanese bonds or about IS per cent Of
the nations total foreign indebtedness
Of s1,l08,500, 900.
While New York is finding it difficult
to locate bankers who will handle a mu-
nicipal bond issue, Paris is Offering for
public subscription, at SO, a Sl00. OO0. 900
lottery loan bearing interest at the rate
OF per cent per annum. The issue is
divided into 100000 bonds of 600
francs par value and will be redcemsble
within 4sh years by drawings on May
IS and November 25
During the first 80 years there will be
122 prizes sggregating 1900 900 francs,
one prize of 100000 ana two of 500
900 francs. Beginning with the thirty
first year. there will be with each draw
ing one prize of $4,000 francs, six of
10000 and three Of 5000 francs,
Bonds are being issued partly to re-
fund the City of Paris SIS Of 1919. which
are accepted in payment for new bonds
at los per cent, with April |, 1882,
coupons attached.
Copyright, 1881. by the North American
Newspaper Alliance, inc
Evening star. [volume] (Washington, D.C.) 1854-1972, 1932-01-18
CURB STOCKS TURN
UP AS SALES GAIN
Opening Was Lower and
Quiet, but Demand
= Raises Price.
BY JOHN A. CRONE.

Special Dispatch to The Star.
NEW YORK, January IT, - After
opening lower and quietly today, stocks
on the Curb Exchange showed dis
position to turn upward and quicken
their trading pace.
Electric Bond & Share was of frac-
tionally at the opening, but recovered
most Of its early loss by midday. Cities
Service moved within a narrow range,
which also was true of Standard Oil Of
Indiana, Niagara Hudson Power and
United Light &; Power A.
The dullness and cratic tendencies
that gripped overseas markets at their
opening were mirrored early here in
the decline of Brazilian Traction, Ford
Motor, Ltd, and Utilities Power 81
Light. Later, however, some Of the
foreign markets, notably the Canadian.
firmed. This brought an improved tone
here in issues such as Bell Telephone
Of Canada and Ford Motor Of Canada A.
Rising grain prices during the fore
noon. which. as Wall Street rumor had
it, may have been due to the opera
tions of a powerful pool Of New York
and Chicago flnanciers, benefited the
agricultural implement shares.
Deere g. Co. at times YVES up almost
a point and was the active leader Of the
implement group. Introduction of a
new model by Cleveland Tractor may
account for the firmer bids for that
issue Other machinery shares Jagged.
CelaneSe Corporation of America pre-
ferred, which Melted gain Of IA points
last week, extended its rise today. Pep
pereu Manufacturing, the only other
active textile advanced fractionally.
Traders professed interest in the ar
gument Of Electric Bond & Share
against the Federal Trade Commission,
which has been set tentatively for jan
uary 81 In the Southern District Court
here. The case grew out of an appli-
cation made by the commission for an
order requiring certain Electric Bond &
Share officials and employees to produce
records and answer questions claimed by
the commission to be pertinent to its
investigation.
Stutz Motor Car, one of the more
active motors last week, yielded more
than a point today despite reports that
the companys sales at the motor show
here exceeded $4,000. Later it showed
signs Of recovery. DurGnt Motors con-
tinued to be turned over in volume,
without moving appreciably.
Specialties, a weak spot In the first
hour, developed strength in the third
hour today. Parker Rust Proof was up
about point. Elgin watch ran up
about a point and Mead johnson
steadied. Earlier Singer Manufsctur-
ing had dropped 5. Aluminium Co. Of
American was down 2 points Alum
hum, Ltd, was off point and fractional
declines were registered by Todd Ship
yards, HachmeiSter, Lind & Co., and
Tobacco Allied Stocks, Inc
The best gain in the pine lines was
recorded by Buckeye Pipe Line. North
ern Pipe Line was also strong. Gains
and losses about balanced in the ma
tural gas group In the pipe manu-
featuring company shares, A. o. Smith
opened of about points.
Imposition Of new tariffs on Ameri-
can radio sets by France produced
some irregularity in the radio shares.
De Forrest Dubilier and Polymet
Manufacturing, however, moved mar
roWly.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1932-01-18
BY FRANK I'll. MCCONNELL,
Associated Press Financial Writer.

NEW YORK, January 1s-Leading
international business interests have
decided on definite action expected to
tear down some of the artificial bar
riers now obstructing normal flow Of
commerce between North, South and
Central America.
Gen. Palmer E. Pierce OF the Stand
ard Oil Co. of New Jersey, who is chair
man of the committee on inter-Ameri-
can relations, announced today that
this group, with the National Foreign
Trade Council, had embarked on an
aggressive program to discover what
measures leading to improvement can
be undertaken now"
The next major move, he said, will be
the calling of a business conference on
the exchange situation. The committee
will "endeavor to find some means by
which the adverse effect of this situa-
ton may be relieved"
Would Aid Imports.
I'm a number of Latin American
countries, it is impossible to obtain
United States dollar exchange to remit
in payment for imports from the United
States Gen. Pierce asserted 1--WE are
interested not only in more normal
flow of exports, but also In recovery
in importation of those Latin American
products always consumed here.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1932-01-18
Baltimore Markets

Special Dispatch to The Star.
BALTIMORE, Md, January 10
White potatoes, 100 pounds, 75al.10;
sweet potatoes, bushel, 40a80; yams,
barrel, 1.00a150; beans, bushel, 150a
200; beetS, per crate, 1.50al go; Brus-
sells sprouts. per quart, 7a14; cabbage,
bushel, 50a80; carrots, per bushel, GOA
40; cauliflower. crate, l.25al.50; cell
cry, crate, 1.50a2.50; eggplantS, crate,
1.5Oa25O onions, per 100 pounds, 3.00a
400; peppers. crate, l50a2.5o kale,
bHshel, 25a50; cucumbers, bushel, 2.75a
AS; spinach, bushel 25a90; squash,
bushel, 150a2.50; tomatoes, crate, l.o0a
3.25; turnips, hamper, l5a25; grape
fruit, box, I25a2.50; apples bushel,
35a1.50; oranges box, 200a3,75; straw
berries, quart, 20a30.
Dairy Market.
Chickens, young, Is a22; Jeghorns,
15a18; old hens, 16a2l; Leghorns, old,
16a17; ROSTERS, 11al3; ducks, l2a21;
geese, 14a18; guinea fowls, pair, 25a5o;
turkeys, 15a30; pigeons, pair, 20a25.
Eggs, receipts, $40 cases; current re-
ceipts, 1712; nearby firsts, 1877; south
ern firsts, 1872.
Butter, good and fancy creamery,
22a26; ladies, 17al6; process, 2oa21;
store packed, 10.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1932-01-18
BALTIMORE TOBACCO,
BALTIMORE, January Is {

BALTIMORE, January Is (SpeciaD
As the tobacco market was closed
during the first three days of January,
last weeks report is for the period from
January n to 16. Receipts, 300 hogs
heads; sales, 10 hogsheads, leaving q
stock In State tobacco warehouses of
l4,l5 hogsheads and 1926 hogsheads of
ground leaves.
Quotations today for Maryland leaf
tobacco per 100 pounds: Frosted and
inferior, 2.00a45O sound to good COM
mon, 5O0al5. 90; medium to good, 200
ASSOC; good to fine red, 35.OOa54,OO:
fancy, 54.00a55.00. Seconds, common
to medium, 5.00a2200; good to fine,
23,00a42.00; 1881 crop ground leaves,
4.o0a20,o0. Upper county hurley, nomt-
nal.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1932-01-18
Brokers' Comment

BY the Associated Press
NEW YORK, January 18.-Some
market commentators today believed
stocks would take their cue from wheat,
which rallied buoyantly last Saturday
Thomson & McKinnon-The market
will likely take its cue from the action
of wheat and the railroad news from
Chicago.
Redmond 81 Co.-While some further
irregularity may be expected, we an
ticipate that another effort will be
made to mark up prices this week,
unless some Unexpectedly bad news
should intervene.
Shields g. Co.-Due to the varied in
fiuences of the moment, the stock mar
ket only can be regarded as a day-to-
day trading affair, influenced mainly
trading opportunities will be afforded
but the utmost caution should be ex-
erciscd, so that quick shifts in trend
can be taken advantage of.
Jackson Bros, Boesel g. Cove
look for Immediately higher prices in
the commodity markets.
Hornblower 81 Weeks-While nothing
has happened to indicate termina-
ton of the main upward direction OF
the market, we would keep in mind
that the advance to date has already
accomplished the minimum Of a one
third cancellation of the previous de-
cline, with stocks appearing IN supply
just under recent highs.
Frazier g. Cove anticipate fur
Their rise from this level, but believe
the market soon viii enter a critical
area. in which some profit taking
should be expected. 1t is our taclina-
ton to believe that the recovery will
exceed the so per cent anticipation,
but. il it does, we think stocks are
likely to be CStainable at or around
the current price level at later date.
e. r. Hutton IL Co.-The trend of
leading commodity prices and the re-
suits Of the railroad conferences and
the proposed reconstruction measure
will probably constitute the immediate
market influences Of this week. Volume
is likely to remain very low and price
movements quite indecisive.
Paine Weber & Co-Further evil
dence of topheaviness was revealed in
Sat,Irday's transactions. We look for
n trading range during the course OF
which United States Steel is likely to
suurt, Our advice Is to liquidasc
trading holdings as strength appears IN
individual issues.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1932-01-18
CHECK PAYMENTS DROP.

Checks drawn on individual bank &C
counts in leading cities OF the Federal
Reserve system showed a % Fer cent
decrease during the week ended Janu-
airy IS as compared with the previous
week. A part Of the decline was charge
ed the previous week Total debts for
comparable periods, as announced by
the board, follow;
Week ended January Is. $8,174,466 900.
Previous week, $10,549 ,245 900.
Same week last year, $10,572, 1893, 900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1932-01-18
TABLE SHOWS LOSSES
IN FOREIGN EXCHANGE
Federal Reserve Board Records
Disclose Declines Of
Last Year.
BY the Associated Press.

BY the Associated Press.
An illustration of the decline that
took place in foreign exchange during
1881 is given in the following statistics
compiled by Federal Reserve Board
records. The table includes the various
countries, their monetary units, par
value, the average rate per United
States dollar during 1880 and the
average rate for December, 1881:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1932-01-18
INVESTMENT TRUSTS

NEW YORK. January 10 [P.-Over-
the-counter- market.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1932-01-18
RIGHTS---EX PIRE

H1GHTS-EXFIRE
IA \. Com Edison Feb L.. 8 IN IN Ia IN
5 Ia Pub Svc N ii Feb / l1s 2
Dividend in dollars based
'Ex dividend. tPary n
3 stock payable Adjustment
dividend plus Plus n Plus lss in
ID in In Pus 2Ts n
stock Plus 81 stock year-no rssuiar rate "
Evening star. [volume] (Washington, D.C.) 1854-1972, 1932-01-18
FOREIGN EXCHANGE

Quotations furnished by " r. HiSbs 4, On
Nominal sold Selling checks
Evening star. [volume] (Washington, D.C.) 1854-1972, 1932-01-18

The various measures about to be
taken to help the railroads of the
United States are being viewed with
satisfaction by holders Of ~ sorts of
railway securities, both ms Itions and
Evening star. [volume] (Washington, D.C.) 1854-1972, 1932-01-18
STOCKS EX-DIVIDEND.

NEW YORK, January 1s Or
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-02-18
Queer OId-Time Fiddlcs

Lord Chesterfield considered 1t be-
meath gentleman to be seen piping
or fiddling. and advised his son II he
loved music TO hear 1t. to pay fiddlers
to play for him. bur never to fiddle
himself. Quite contrary to this adj
vice, 1t was the fancy Of a certain
fiddler TO exercise his musical talent
while Rome burned. But not many
musicians nre so barbarously inclined
The fiddles used In the Tenth century
at the fairs and merrymakings OF the
Anglo Saxons are probably representa-
tions OF those queer-looking stringed
instruments cut upon the stone OF the
Egyptian and Grecian monuments. or
OF the long pattern monochords which
have existed in India from prehistoric
times, according to some commenta-
tors, though 1t Is usually conceded
that the fiddle dates back to Egyptian
times.
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-02-18
POISON USED WORKS
RAPIDLY ON LIBBY DOGS

Another Libby family pet has gone
into the canine heaven via the poison
route. And if there is such q place as
a dog heaven he will meet number
Of his Libby pals there as many of
them have departed this life during
the past few weeks.
The Jack Larson dog was the last
one to pick up poison, and MIR. Larson
tells the rapidity with which 1t .appar-
emily works. Mr.. Larson's small daugh-
ter, Dorothy, and the dog were down
town when she noticed the dog pick up
a bone in the vacant lot near the j.
& c. store The girl Immediately took
the bone away from the dog but he
evidently got some of the poison
for he dropped over by the time they
reached the Bolyard corner. The pet
was rushed home and strenuous eff
forts made to save him but without
success.
MIR. Larson states the prisoners must
be bold when they scatter the poison
in the business district. He wonders
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-02-18
HAS LARGE FUND
FOR ASSISTANCE
Continued from page u

A volunteer fireman in Melville,
Montana, ran out of his house in re-
Spouse to a fire alarm. He tagged a
passing auto. Instead of stopping, the
car knocked him down. He SOON died
from the injuries.
In Palisade, New Jersey, two men
were manning a nozzle. When the pres
sure was suddenly increased, the line
became unmanageable. One volunteer
was struck first by the whipping nozzle
and then by the stream. Severe internal
injuries from this accident laid him UP
for "a weeks.
A volunteer in Mullins, South Caro-
lima, broke a leg while going to fire
on motorcycle Complications set in.
and year passed before he went back
to work.
But each of these men was protected
against just such accidents while on
fire department duty by definite COM
pensation. The wife of the first man
received death benefit. The other two
men were paid for the time during
which they were unable to work.
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-02-18
Spaniards Mislcd a. to
New Worlds Gold Store

The gold which so inflamed the
imagination Of Spain when Columbus
returned from his first voyage to the
New world probably was mined BY the
Indians in Haiti. says DR.. Herbert w.
krieger, curator of ethnology OF the
United States National museum, who
headed an expedition conducting an
exploration OF Indian sites on that
island.
Actually, he says. gold was scarce.
The natives gave the Spaniards false
impression by hammering 1t into thin
plates which then were shaped into
objects OF personal adornment. They
had discovered. he says. an alloy OF
gold and copper-known as pale
gold'-whlch was used for lance heads
Ornaments of gold plate were worn in
the ears and nose and suspended about
the neck.
Gold mining. Krieger says was very
primitive. A hole was dug In the
sand, the nuggets extracted and then
beaten into thin plates with stone
hammers.
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-02-18
.YOUNG AS YOU FEEL
is WILLS FUNNIEST

Me, an actor? They're kiddin' you, =
once remarked Will Rogers If they
can find role that's sorta like me and
then let me be natural, I'm all right,
otherwise I'm punk"
And this is the best reason to be
found for the appeal and delightful
ness of Young As You Feel in which
Rogers is Rogers, and as such he has
no equal on the screen today His char
acter of Lemuel Morehouse fits the
humorist perfectly. 1t affords him his
best opportunity to be just what he is,
a plain everyday, American father and
citizen.
In the chief feminine role, Fiji Dorsay
repeats her initial success with Rogers
in their first talking picture, They
Had To See Paris" Her striking allure
and French vivacity accounts for much
mirth and genuine entertainment.
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-02-18
JOHN CURTIS APPOINTED
ON FINANCE COMMITTEE

State University-John Curtis of
Libby, junior in the school Of journal
ism at the State University in Missoula,
has been appointed to serve on a COM
mittee chosen by Central Board to work
with DR.. J. P. Rowe toward finding a
remedy for the financial ills of inter
scholastic track and field meets held
annually by the State University.
Tickets to the 18th interscholastic
track and field meet may be purchased
for $100 this year, provided 500 or more
students sign petition promising to
buy them at the time of spring quar-
ter registration, instead Of paying the
regular price of $3.50 for season tickets
as has been done formerly.
For the past several years, the annual
track meet has not made expenses, and
the deficit has been made up by the
Missoula chamber of commerce. That
condition cannot continue indefinitely
and as the meet is considered valuable
to the State University, every effort
possible is being made to retain it. A
committee appointed by Central Board
composed of Billy Burke, Lewistown.
chairman; John Curtis, Libby; Bob
Cooney, Canyon Ferry; Kirk Badgley
and Miriam BarnhilI, Missoula, work
ing with j. P. Rowe, have done consid-
cradle work toward finding remedy
for the situation. So few tickets were
sold at $3.50 that the committee
thought that more money could be
made by selling tickets at 81, providing
at least 500 students promised to buv
them
Petitions are being prepared and viii
be distributed to all sororities, frater-
mites and residence halls on the cam
pus. Every student is urged to sign the
petition which means that at the time
he pays his spring quarter registration
fees, he will pay an additional 81 and
receive a ticket to the track meet field
events.
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1932-02-18
Il
zQQaz HaRpeNz142S

[. P. Sanford left Monday evening to
spend several days in Spokane.
Carlton Joughin was at Eureka Tues
day buying hogs for the Pioneer Meat
company.
Roscoe Garrison Of Troy was in the
city Monday looking after business
matters.
Mrs. Tom Feenan left last Thursday
for Occur d'Alene, Ida, called there
by the death Of brother n-law.
Mrs. Eli Rayome is hostess this af-
ternoon at large benefit party given
in behalf Of the work of the Catholic
church.
Arthur Shales was in the city Mon
day, driving in from the Fisher river
district with l. r. Sanford, who left
for Spokane.
The time for the Washington tea Of
the Woman's Club will be from 8 to
) o'clock next Monday afternoon, Feb.
22, at the Club house