davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-07-24
UPSWING IN STEEL
PRODUCTION SEEN
DUN Survey Finds Belief That Low
Point Has Been
Reached.
Special Dispatch to The Star.

NEW YORK, July 23.-An early up
swing in steel production is expected
according to "Dun's Review" Although
the steel industry is new at the lowest
stage Of activity in it's history the sur
Vey made by r. G. Dun g. Co. shows
that steel producers believe that the
dead center in steel production has Just
been passed.
Rather than suppress the fact that
the steel industry is PROSTATE at the
current operating rate of II to l 5 per
cent, producers" according 10 'DunS
Review" submit 1t as evidence of the
increditable def1ation forced upon so
basic an industry. For, to producers,
this apparent underproduction is not
tantamount to underconsumption. On
the basis Of 897,275 gross tons in June,
steel ingot output is at the lowest rate
since 1900, adequate only for popula-
ton 20 per cent smaller than the pres
ent 122000, 900 and then only if al the
automobiles, radios. mecha nical refrig-
orators, steel furniture, pipe lines and
many other modern products were
eliminated.
Steel sellers regard such factors as
the Lausanne Conference and the con-
duct and adjournment of Congress as
the chief influences making the de-
mand during the next few weeks. The
meager buying of late leaves much room
for expansion once buyers have lost the
feeling of fear and apprehension which
has been crGmping their activities for
SO many months. Producers insist on
considering the current decrease in de-
mand not as business lost. but as busi-
ness deferred. as buyers simply are
failing to cover upkeep or wear and
tear Actual needs are accumulated,
but they refrain from making predlc-
tions as to the rate at which buying
will increase when recovery does begin,
explaining that. while precedentS might
be cited. precedeats lately have proven
to be quite untrustWorthy.
In spite of the meager use Of exist
ing steel capacity. the Detroit area, y
says "Dun's RevieT." lis holding up
proportionately better than the rest Of
the country; while the national ton
mage is only Is per cent Of capacity,
Detroit and Southern Michigan show
over 80 per cent capacity production IN
special lines
Evening star., 1932-07-24
CUT IN REALTY TAX
OF RICHMOND URGED
Twenty-Cent Slash Is Recommend
ed by Council Committee Fol-
lowing Protests.
BY A. Z. CLARKE.
Special Dispatch 10 The Star.


RICHMOND. Va. July 23.-Depres-
sion, which in general has been less
severe in Virginia than elsewhere, is
making itself known in Richmond, with
real estate men and property owners
agitatlng for 4 decrease in the $2.35
per S1C0 tax rate, admittedly one of
the lowest among cities comparable in
size
The fight has been chiefly between
real estate men and city officials, with
the latter insisting that the city gov
ernment already is operating eco
nomically.
Original proposals were for 25-cent
reduction n the rate, which would
mean loss of s6lO 600 from this years
real estate taxes of approximately S.
100000. AS matters stand, the City
Council will consider an ordinance
cutting the rate from s235 to S215, a
council committee having been con-
vinced by real estate men that citizens
are clamOring for the reduction.
Mayor Bright, formerly accused of
parsimony in running the city, has held
out against all reductions in the rate
He has informed cOuncilmen that the
city is faced with the problem of alb
sorbing approximately S692 900 in 1898,
since the city will have that much less
revenue next year.
Real estate men have insisted on the re-
duction, alleging that if it is not granted
property oWners will get individual re-
assessments in the courts. thus bring
ing down the total assessed valuation of
real estate in Richmond and enGanger-
ing the bond limit of the city At pres
ent the total assessed value is fixed at
S41O000,O00 and the bonded indebted
ness o: the city is about S33000OOO.
Richmonds bonds are selling at a
premium at present and the city's
credit is admittedly high.
(Copy right, 1892. b. North American News
paper Alliance. I.c)
Evening star., 1932-07-24
CANADA is MAKING
TRADE ADJUSTMENT
Dominion Has Been Conforming to
New World Economic
Conditions.
Special Dispatch to The Star.


NEW YORK, July 23.-Sustaine,.
recovery in Canada depends on the res
tOration of world credit and trade.
Nevertheless, Canada is making steady
progress toward adjusting itself to new
economic conditions. In this it has
the benefit Of stable government. of
definite political and business leader
ship and of general confidence in the
structure and integrity OF its banks,
says the Standard Statistics Co. of New
York in a current bulletin analyzing in
dustrial. agI4c uitural and financial con-
ditions in Canaca, which continues, in
part, as follows:
Canada derives one-half Of its ma
tional income from primary industries,
the prosperity of which is largely de-
rived from an ability to obtain fair
prices in the world markets for the
products of its farms. forests and mines.
While prospective 1882 crop yields are
promising and prices for farm products
are tending to stabilize, exports are re-
Stricted by worldwide economic depreS-
ion, by tariffs and other import restric-
tionS and by unsettled exchange condi-
tionS. The Imperial Economic Confer
ence may result in establishing wider
markets for Canadas farm products
within the British Empire, but even
this IS still problematical
Further defiation and possibly even
lower prices are facing the newsprint
industry. prospects for increased de-
mand rest largely upon business re-
COvery in the United States. The lum-
Der trade is dull; recent United States
and Japanese import duties have yir-
tually closed two former important out
lets. Gold mining continues to set
record pace. but the base metal indus
tries are suffering from low prices and
decreased consumptiVe demand. The
high copper import duty recently es-
tablished in the United States will also
cause some further dislocation of mar
kets for Canadian producers. Hydro
electric development has experienced
marked growth in recent years. but the
power industry is now faced with sub
stantial overcapacity. and expansion
programs will for the next several years
be sharply curtailed.
The Canadian railroad situation still
constitutes a major economic and po-
litical problem; it is an important con-
tributing factor in the serious burden
entailcd b. the rising cost OF the Do
minion government. The present ad-
ministration has halted, however. the
growing tendency toward government
subsidies. SubN entionS and other forms
of paternaliSm. While hopes are en-
tcrtainei that the budget will be bal
anced this year by reduced expendi-
lures en- the one hand and increased
taxation en- the other hand, a balanced
budget is not likely to be realized in
the face Of declining trade volumes. in
comes ard profits Some form of new
federal financing seems probable to-
ward the end Of the current fiscal
year"
Evening star., 1932-07-24
AIR FREIGHT LINE
TO START AUGUST |
Seven Companies Joined in
Service to 1873 Cities
of United States.
By BRADLEY w. TRENT.

Special Dispatch to The Star
NEW YORK, July 23-The first
Nationwide system for the handling
of freight and express by air, through
the linking of seven air lines whose
routes touch 1873 cities. will be inaugu-
rated on August l. with the Postal
Telegraph & Gable Corporation acting
as the collection and delivery agent, it
was officially announced.
The General Air Express. modelled
somewhat after the Railway Express
Agency. will make connections with
Canada. South America and Mexico
This linking of communications with
transportation facilities. the first in
portant move made since the diSsolu-
tion of the Pony Express" years ago.
will not be a stock company, but purely
a cooperative service, according to
Gen. George S. Gibbs, president of
Postal Telegraph.
List of Participants.
The air companies joining in this
"store-to-door" delivery service are:
American Airways, me; Transconti-
mental 6, Western Air, Inc, Eastern
Air Transport. me; Transamerican
AirlineS Corporation, United States Air
ways, Inc: Pennsylvania Airlines. Inc
and Ludington Air Lines. 1t is eX-
pected that Northwest AirWays, Inc,
and Pan-American Airways, Inc, will
Join the group shortly.
Under the new arrangement it will be
possible to call a uniformed messenger,
give him the package, which he will
deliver to the airport, where it will be
picked up by plane and flown to its
destination. There a messenger again
will pick up the package and deliver
1t to the consignee. Motorized deliv
cry equipment also will be employed.
The free exchange Of merchandise
from one airline to another at con-
meeting terminals is made possible
through adoption Of uniform waybill
for the first time in aviation history.
One manifest, one payment and one
insurance policy will cover the ship
mert from the cOn5ignor to the con-
signee.
A coast to- coast shipment can be made
In % hours Overnight service will put
New York merchandise into Chicago.
Inland points will be able to ship
direct by air 10 any points within the
country and make connections with
South America, Mexico or Canada.
The alrlmes participating in this CO.
operative arrangement represent about
1900 miles, or nearly 81 per cent OF
the existing air mail routes OF the
country. Express matter will be car
ried in the regular passenger planes,
but heavier merchandise may require
the use of specially designed machines.
Individual packages Weighing up to 200
pounds Will be accepted III the regular
course Of business, heavier packages
nccessitating special arrangements.
Through Shipments.
The carrying of a 10-pound package
frrD, Nou, Work tn Miami including
messenger service at both ends, will cosC
around $3.50. shipment OF the same
weight from Boston to Dallas will ap-
proXimate S760, while similar pack
age flown from New York to Los
Angeles will cost about $1,000.
The through shipments are not only
expected to sCaed merchandise dellv-
cries to remote parts of the country,
but to materially assist in the develop
ment OF the air passenger and mail
service.
"Qpp \
Evening star., 1932-07-24
CUBAN BUYING HEAVIER
IN 1881 THAN IN 1880
BY the Associated Press.

BY the Associated Press.
The Commerce Department reports
that United States merchants sold a
greater percentage of Cuba's supplies
in 1881 than in 1880, despite the heavy
decline in the value.
Exports to Cuba during the year
amounted to S45.140. .634, or 563 per
cent of the islands total imports dur
ing the year, as compared with 55.1
per cent of the total the year before.
Total Cuban imports dropped from
s162. .452,2 ,268 in 1880. to S80,l1I,59 in
1881. OF the 46 specific commodity
groups taDulated by Cuban authorities,
the United States supplied more than
so per cent in 33 groups in 1881. Of
the remaining 13 groups the United
States supplied more than 40 per cent
in seven groups, more than 20 per
cent In one group, and more than 10
per cent in four groups. In only one
group, that of linen fabrics and other
vegetable fibers, was United States
participation less than 10 per cent. In
1880 the United States provided more
than SO per cent of Cuba's total i'm
ports in only 80 groups.
Evening star., 1932-07-24
STOCKHOLDERS URGED
TO FORM ASSOCIATION
Editor of Financial Magazine Sug-
gests Plan to Exercise In
fuence Upon Business.
Special Dispatch to Tie Star,

special Dispatch TO The Star.
NEW YORK. July 23-For the frs.
time in the history of Wall Street. one
OF It's own Spokesmen and publishers
IS urging the country's 20.000,0C0 stock
holders and 100000 bondholders TO
unite in an association whereby these
security owners could exercise the rights
and privileges acCruing to them in the
management and direction of the blsi-
ncsseS represented by their investments.
Tho pan is that of Louis Guenther.
publisher of the Financial World, an
d-eStabished investment weekly with
nationwide circulation, who details
in the current weeks issue of the pub
Ication the role such an organization
should have in the present scheme of
business and investing.
The platform of such an organizc-
ton, saws Mr.. Guenther, should Include
ID Public directors on the boards of
the corporations; (2) independent
audits of earnings, statements and bal
ance sheets; 81 standardized reports:
"a constructive trading reforms; 80
independent protective committees
where they are needed; 90 full pub
licity on security offerings and other
corporate matters.
To protect their RIGHTS to the fullest
exter: and bring forth the very best
there is in American business manage
ment, the superiority of which is al
ready acknowledged the world over"
says Mr.. Guenther. investors through
cut the nation, bo.h individual and
institutional, must assemble their power
and authority into concrete driving
force and direct its potent energies to-
ward the safeguarding of the integrity
OF their securities.
Investors must even go a step far
ther; they must be prepared to encour-
age honest and constructive manage
ment and firmly resolve to root out the
opposite type-management that will
not stand four-square on the golden
rule of business ethics.
If that goal is attained a new era
will unfold for American securities"
Evening star., 1932-07-24
BONDS HOLD GAINS
IN STEADY MARKET
Weekend Profit Taking Alb.
sorbed, With U. S. Issues
in Demand.
BY VICTOR EUBANK,


NEW YORK, July 23.-While some
traders showed disposition to take
profits over the week end, the bond
market today continued to maintain a
steady front in a moderately active
turnover.
There was an increased demand for
United States Government securities,
with the largest transactions in Treas
ury IS and 31ss, both of which were
up the better part of point. Treasury
33ss of 1910 and 1943 moved above par
for the first time this year. The lber-
ties, while quiet, showed gains of nearly
point.
Government financing for August l
Is estimated at between $500, ,0O0, 900
and $900.00C,000, principally for the
Reconstruction Finance Corporation
refunding needs. 1t is expected to be
in the form of low-yield notes and GER
tificateS.
Most rails held firm. although the
gains recorded were small. Issues mod
erately stronger included some OF ILL
nois Central, Santa Fe, Boston q
Maine, Baltimore e. Ohio, Chicago q
Northwestern. Erie and Pennsylvania.
While few industrials gave way to
realizing, a number continued to ad-
vance Among these were loans OF
Phillips Petroleum. Texas Corporation,
International Cement and Lehigh VAL
ley Coal. The utilities were a trifle
easier.
Rapid conversion of the big British
war loan brought an increased demand
for United Kingdom Sis. which ad-
vanced substantially. The Germans
were somewhat quiet, although the
Reich 512s gained. French loans i'm
proved, as did bonds of Argentine.
Evening star., 1932-07-24
Special Dispatch to The Star.

NEW YORK, July 23,-The appeal
Of the railroads in their statement ad-
dressed Ito the American public for
cooperation in solving their problem
Of meeting unregulated competition,
while they themselves are under the
most rigid governmental control, coin
cides with a much more optimistic
attitude toward the immediate and the
longer future of the carriers than has
been apparent in Wall Street in
months.
1t is not easy to give convincing
reasons for this feeling, but of its ex
istence there can be no doubt. 1t is
not due to the railroads promise to
work out their own salvation, in SO far
Evening star., 1932-07-24
Where King Pawned Watch.

Castle Inn. rear Smithfield Market.
England, is not too undignified place
to pawn things, no matter how blue
onesm blood may be. So think some of
the nobility who have castles for sale
or rent. 1t is declared that George w
once left his watch there for food and
drink, and then gave the publican a
pawnbroker's license. The place is now
fourishing both as an inn and pawn
shop. r>-- -.
Evening star., 1932-07-24
Retail Trade Prospect,
NEW YORK. July % (Rl-

NEW YORK, July % (P).-No sub
stantial improvement in consumer buy
ing or retail price levels is in prospect
during the balance of the Summer, but
a foundation has been laid for a slow
upturn of at least seasonal proportions
during the later months of the year. in
the opinion of Standard Statistics Co.
Evening star., 1932-07-24
Record Stockholder List.

NEW YORK. July % (P).-Interna-
tional Telephone & Telegraph Co. now
has 100,745 shareholders, the largest
number in the company's history. On
December 81, 1929, the stockholders
list was only about half as large, con-
tanning 1884 names.
Evening star., 1932-07-24
Refnancing Plan Proposed.

BALTIMORE. July % (SpeciaD "A
proposal to issue an additional s5,000.-
600 of certificates of the Central Fund
ing Corporation, corporation recently
formed for the purpose of enabling ex-
change of certain guaranteed real
estate mortgage bonds and certificates,
is now in the process Of authorization,
the local bankers sponsoring the ar
rangement announced yesterday.
Evening star., 1932-07-24
Construction Awards.

NEW YORK. July % LPl.-Building
contracts awarded in the 81 States east
Of the Rocky Mountains in the first
half of July totaled s70,505000, SAYS
F. w. Dodge Corporation. This COM
pared with s57.S1310O for the first half
of June and s137 27e, 500 for the CORE
spending half month of July, 1881.
Evening star., 1932-07-24
Tire Demand Decreases.

NEW YORK, July % LP.-A de-
crease of about IS per cent in tire de-
mand is indicated for the last half OF
the year. as compared with the 1881 pc
Rod. according to the Fitch Survey.
Dealers are stocked rather heavily with
tax-exenpt goods and it is expected
that the tendency will be to let inven-
tories run down before reordering.
Evening star., 1932-07-24
Investment Trusts

NEW YORK, July % lP,.-Over-the-
counter market,
Imperial Valley press., 1932-12-27
LEGAL NOTICES
Jasper-PuIliam-AIder Precinct

Jasper-Pulliam- Alder Precinct
Inspector-Jonn c. Panosh, Box
1913, Calexico.
Judge-Marvin Gardner, Box 834,
Calexico.
Clerk - Georgia A. Harlan, Box
786, Calexico.
Polling Place - Jasper School
House.
Verde Precinct
Inspector-Leroy c. Hawk, Rt. l,
Box 158, Calexico.
Judge-Lester Bornt, Rt. l, Holt
Vile.
Clerk-Bennett H. Stahman, Rt.
l, Holtville.
Polling Place - Bonds Corner
Store.
MelOland- -Vencill Precinct
Inspector-Ben Christian, Rt. l,
Box 153, El Centro.
Judge--Harry c. James, Rt. l,
Box "a, El Centro.
Clerk-Mrs. Eta Galloway, Rt. 1
Box 81, Ell Centre.
Polling Place - Meloland School
House.
Eastside- Sunset Precinct
nspector-Forrest M. Ferguson
Rt. 3, Holtville.
Judge-Mrs. Cora Copeland, Rt
5, Holtville.
Clerk-Mrs. Alice M. Chambers
Box 222, Holtyille.
Polling Place - Eastside School
House.
Alamo Rose Precinct
Inspector - Rufus A. Holt, Box
1888, Holtville.
Judge-Adolph H. Smithson, Rt
l, Box SO, Holtville.
Clerk - Mrs. Hannah Littlefieid
Rt. 1, Box 116, Holtville.
Polling Place = Alamo School
House.
That said special election has
been consolidated with an election
called by this Board of Directors to
be held on the same date in the
same territory for the purpose OF
voting upon the question whether
or not refunding bonds of Imperial
Irrigation District in the principal
amount of $14,250,000 shall be is
sued, and the election precincts
polling places, and voting booths
shall in every case be the same and
there shall be only one set of elec-
ton officers in each precinct. Such
elections shall be held in all re-
spects as if there were only one
election and only one ballot shall
be used thereat.
BY ORDER OF THE BOARD OF
DIRECTORS OF IMPERIAL IR-
RIGATION DISTRICT.
F. H. McIver
Secretary of the Board of Directors
Imperial Irrigation District.
Dated at Ell Centre, Imperial
County, California, this 10th day OF
December, 1882.
Imperial Valley press., 1932-12-27
LEGAL NOTICES


Clerk - Mrs. Florence Amet
481 Euclid, El Centre.
Polling Place = Mckinley School
House.
Ell Centro &c" Precinct
Inspector - VIM. F. North, Box
343, Ell Centro.
Judge - Mrs. Myrtle McKeighan
TAO s. 7th ST., FL Centro.
Clerk Mrs. Lula M. Arnold
SAB Hamilton, El Centro.
Polling Place Lincoln School
House.
D0gwood- Smith Precinct
Inspector - J. N. Grafton, Rt.
Box 1856, Ell Centro.
Judge - Daniel B. Bromley, Rt
1, Box %, Ell Centre.
Clerk - Mrs. Cora j. Corfman
Rt. l, Box 173, El Centre.
Polling Place = Acacia School
House.
Mesquite Lake Grapefruit Precinct
inspector Dan L. Grumbles
Rt. l, Box SO, Ell Centro.
Judge - Daisy E. Mixer, Rt. l
Box 80, Ell Centro.
Clerk - Mrs. Mabel F.. Dolson
Rt. l, Box 76, Imperial.
Polling Place = Mesquite School
House.
Hulse-New River Precinct
Inspector - Ralph E. Ingold, Rt
2, Box SO, Imperial.
Judge - Mrs. Murriel c. Schwe-
gel, Rt. 2, Box 90, Imperial.
Clerk - Mrs. Effie A. Miller, Box
692, Imperial.
Polling Place John w. Pool
Residence, one-quarter mile west
of Imperial.
Imperial Precinct
Inspector - Elmer E. Ryan, I'M
perial.
Judge - William D. Gott, Boz
127, Imperial.
Clerk - Mrs. Anna M. Ross, Box
383, Imperial.
Polling Place - Imperial City
Hall.
Lavender Precinct
1nspector-Byron M. Graham
BOX 964, BraWley.
Judge-Annie M. Schartz, Rt.
Box 8, Brawley.
Clerk-Mrs. Ida P. Benson, Rt. 1
Box Is, Brawley.
Polling Place-Annie M. Scharts
Ranch House, one mile southeast
of Brawley.
Boulder Dam Sunset Precinct
Inspector-George G. Long, Rt
3, Box 124, Holtville.
Judge-Joel Anderson, Rt. 3, Bo,
156, Holtville.
Clerk-Clara Blanche Denny, Bo;
786, Holtville.
Polling Place-Sandia Store.
Imperial Valley press., 1932-12-27
LEGAL NOTICES

the All American Canal Contract,
and the election precincts, polling
places and voting booths shall in
every case be the same, and there
shall be only one set of election
officers in each of said precincts.
Such elections shall be held in all
respects as if there were only one
election and only one ballot shall
be used thereat.
That said special election shall
be held in the several regularly
constituted election precincts in
said Imperial Irrigation District as
said election precincts are now es-
tablished by order of the Board
of Directors of said District and
hereinafter named; that the Board
of Election for each respective elec-
tion precinct shall consist of one
inspector, one judge, and one
clerk; that the following are the
said respective election precincts
by their respective names and
listed under each named election
precinct are the names of the per-
sons hereby appointed members of
the board of election for said spe-
cial election for the election pre-
cinct under the name of which
they appear, each person is here
by appointed to and he shall fill
the office opposite the designation
Of which his name appears and
following the designation of the
board of election under each
named election precinct and set
opposite the words Polling Place"
is the house or place designated
as the house or place within the
precinct where the said election
will be held.
Imperial Valley press., 1932-12-27
DOUL Gets
TOP HONORS

NEW YORK, Dec. 27. UP)-Frank
j. Lefty" O'Doul, popular Brook
lyn outfielder, won the 1882 Ma
tional League batting champion
ship, but Charles H. Chuck
Klein, Philly fly-chaser, was the
circuits outstanding slugger.
O'Douls top average of 1866
brought to Brooklyn the first bat
ting championship since the days
of Jake Daubert, 1918 and 1914,
and Zach Wheat's debated triumph
in 1918.
Lefty" hit better stride than
the 1881 winner, Charles "Chuck'
Hafey, who was member of the
st. Louis Cardinals registered .3489
Hafey, with Cincinnati in 1882
was out of the game much of the
time because of illness and drop
ped to fourth place with .344..
O'Doul also batted in the most
singles, 1853.
Chuck Klein led in scoring runs,
1852; in hits, 1885, in total bases on
hits, 400; in stolen bases, 20, and
tied Mel OFT, New York Giants
outfielder, for most home runs
each making 38. Klein's 81 hon.
ers were the best in 1881.
O'Douls 1868 was one point bet
ter than the American League
championship mark of 1867 made
by First Baseman Dale Alexander
of the Boston Red Sox. However,
Klein's and Otis 38 home runs
were 20 short of Jimmy Foxx's
amazing So for the Philadelphia
Athletics.