davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-03-28
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
HEADING ORGANIZATIONS.

NEW YORK, March 28.-The follow
ing is a summary of important corpo-
ration news prepared by the Standard
Statistics Co., Inc, New York, for the
Associated Press.
Weekly News Review.
Security markets were unsettled last
week during the discussion of the sales
tax section of the revenue bill On Sat
urday, the first trading day following
the elimination of the sales tax section,
the stock market reacted sharply. OBJ
Vlously showing its disapproval of the
omission of this means of bringing
Government revenues and expenditures
into alignment. The actual movement
OF the market as indicated by our price
index for 80 stocks showed decline of
~ points, dropping from 632 on
March 10 to sos on March 26, with
almost tWo-thirds of the decline occur
ring on Saturday
Steel operations again failed to show
any improvement, ingot production
dropping to slightly under 25 per cent
OF capacity as against 25l2 per cent in
the preceding week, with most specifi-
cations still coming from small miscel-
IaneouS lines.
Owing to extremely cold weather,
coal shipments increased 46,O83 cars in
the week ended March II. This upturn
caused revenue freight car loadings to
rise 16,04G cars to total of 575,84l
cars. Coal, ore and coke were the only
commodities to figure in the advance.
Electric power production in the week
ended March l9 failed to continue the
expansion reported for the week pre-
vious. Output totaled 1887, 7,747,000
kilowatt hours, a drop Of 8.6 per cent
from the corresponding week of last
year, which compares with an 80 per
cent decline in the preceding seven-day
period.
A general increase in production
throughout the country was responsible
for an Il6OO-b barrel rise in the daily
average crude oil production in the week
ended March 19. The American
Petroleum Institute reports that output
averaged 2,157,20O barrels daily, as
against 2,145 600 barrels in the previous
week. AS a result of the satisfactory
degree of control over production which
has been maintained during the Winter,
the price of crude oil was increased is
cents a barrel last week.
The Companies.
Union Oil of California obtains con-
tract for 100000 barrels of gasoline
delivered to Atlantic Seaboard.
United American Bosch Corporation
1881 deficit S1.447,253 VS.. deficit
1866, ,636.
Bangor g. Aroostook Railroad Febru-
ary net income off 27.2 per cent, two
months off Ill per cent.
United States Smelling, Refining &
Evening star., 1932-03-28
MARKET OUTLOOK.

NEW YORK, March 20 (SpeciaD.
1t will require only another day or
two of declines equal to those of last
Thursday and Saturday to bring the
average of the stock market into con-
formity with those of February and
January. 1t is now slightly under the
low average of December. Should the
market break another points it will
upset the tradition that triple bot
tom" forecasts the end of a decline and
indicates that progressive period of
accumulation is under way.
Prices have held above the low aver
ages of December, January and Febru-
ary for nearly a month and a half.
They have been showing O greater de-
gree of Stabilization, since the low point
of 1881 was reached o week before
Christmas, than for any similar period
in the past two years. A violation of
this record would undoubtedly lead to
further liquidation and develop an un-
favorable sentiment on the part of the
public, which has been impressed by the
comparative strength Of both stocks and
bonds.
Evening star., 1932-03-28
CURB ISSUES DRIFT
TO LOWER LEVELS
Leading Stocks Again Regis
ter New LoWs-Utili-
ties Weak.
BY JOHN A. CRONE.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, March 28.-A slight
rally near the end of the second hour
partially erased the losses registered at
the opening of the Curb Exchange to-
day, but the recovery was not main
tanned.
Electric Bond g. Share common, when
issued, and the SIS and $6 preferred
shares moved lower. Cities Service early
duplicated its previous low. Standard
Oil of Indiana was off fractionally, as
were such British shares as Ford Motor,
Ltd, and Brazilian Traction.
Pressure was pronounced IN the pub
lie utility list, though selling was quite
general. Omission of common and pre-
ferred dividends by Middle West utili-
ties, announced Just after the close of
the market Saturday, caused the junior
shares to duplicate their previous low
mark and the senior stock to decline 2
points to a record low price.
American Superpower common moved
into new low territory on the heels of
an announcement that shareholders at
the annual meeting April Is will be
asked to approve a reduction in the
stated par value Of the preference stock
from S100 to 81. This reduction will
add about S23, ,285, 900 to capital surplus
and enable the company, which is
chartered in Delaware, to continue to
pay dividends. Dividends have been
declared on the first preferred and the
preference stock and are payable April .
Evening star., 1932-03-28

Mining 1881 common share earnings on
average number of shares outstanding
S1.45 VS.. 1926.
Centrifugal Pipe 1881. common share
earnings before amortization of patent
and patent rights rs cents VS.. SIPS.
Great Northern Railway-Appeals
Court upholds Federal Court decision
that Government is not entitled to COL
lect S2,000000 claim from company.
American Stores reported negotiating
for acquisition of J. w. Crook Stores
Co.. operating 180 stores in Baltimore
and vicinity
General Motors (new concern ,
Buick -OldS-Pontiac Co. formed to take
care OF sales activities in company's
medium priced field
Hamilton Bridge 1881 common share
earnings cent VS.. S1.57.
Pilot Radio & Tube 1881 deficit
S2l5,579 VS., net income $62,361.
Pittsburgh Screw & Bolt 1881 deficit
S518,846 VS.. net income 81 ,397, ,053, equal
to SO cents common share.
United Business Publishers 1881 net
income S30361 VS.. S596,952.
United Dry Docks, Inc, 1881 deficit
81, ,102,787 VS.. deficit S283, ,279.
Autosales Corporation 1881 deficit
S4,809 VS.. deficit, 1895.
Chicago & Eastern Illinois Railway
February net operating deficit Sis, ia
VS.. deficit $255.583; two months net
operating deficit $304,9l4 VS.. deficit
SAL ,908.
Hammond Clock (afiliate) gets or
der for 100000 electric clocks from
William Wrigley, Jr., Co., Ltd
Louisville g. Nashville Railroad Febru-
airy net operating income up IA per cent,
two months off 623 per cent.
st. Louis Southwestern Railway
February net loss, $244, ,389, VS.. net loss,
S24l,7 ,705; two months net loss, $3.50, 1866,
VS.. net loss 1881, ,772.
Atlantic Coast Line Railroad Febru-
ary net operating income of 583 per
cent, two months off 6l.4 per cent.
Indian Refining 1881 deficit, $780,
986, VS.. deficit, $685. 1886.
Evening star., 1932-03-28
BONDS.
Bid and Asked Prices.
MISCELLANEOUS.
STOCKS.
PUBLIC UTILITY.

Barber & Ross, Inc, 6Izs..... 50
Chevy Chase Club 512s. SO
Columbia Country Club 5l2s. 100
w. NJ. Cold Storage 5S. "a
Evening star., 1932-03-28
BOND PRICES DROP
IN ACTIVE SELLING
Index Declines Another Point.
u. S. Issues Are OFF
Sharply.
BY r. H. RICHARDSON.
ypeclal pispatch to The Star.

Special Dispatch to The Star
NEW YORK, March 28--Bonds de.
clined today in trading that was
heavier than in any session for some
days. Standard Statistics index of so
representative issues, which lost nearly
a point on Saturday, dropped another
full point.
The market opened at a lower level.
In addition to its pessimistic views on
business, Wall Street feared that the
efforts of the administration to cover
the deficit gap would result in exces-
sive Treasury financing United States
Government issues declined sharply
from the high levels to which they had
been carried by the more optimistic
viewpoint of the past six weeks and the
cheap money market. Treasury IS and
Slss dropped about point and there
were losses ranging from IA to "a point
IN all other Liberty and Treasury long,
term obligations.
FolloWlng governments, municipals
and high-grade corporation issues had
tendency to drop. In the case of
prime utility obligations such as Amer
lean Telephone SIS. the losses were small,
but among railroad descriptions like
Atchison General As and Norfolk &
"OSSClA 10 Cllc ueClLleS ran 10 q pOlIlC
or more. Industrial mortgages Of the
best quality, including Standard Oil of
New Jersey IS and General Motors ac-
ceptance 6S, lost ground as well.
The rest Of the railroad list suffered
the worst setback of the year. Declines
ranged from a point in seasoned issues
like Baltimore & Ohio first Is to 2
points and more in semi-speculative
bonds such as Erie B As. The most
actively depressed carriers included
Canadian Pacific As, Chesapeake Cor
poration S. Chesapeake g. Ohio A 412s,
Chicago & Northwestern 434s, Denver
d Rio Grande Western SIS, Missouri
Pacific SIS, New York Central S. Nickel
Plate IS, Frisco prior lien A As and
Southern Railway As.
Evening star., 1932-03-28
CHICAGO LIVE STOCK MARKET

CHICAGO, March % up UNITED
States Department of Agriculture) -
Hogs, $1,000 head, including 1000 head
direct; slow, 10a15 above Fridays aver
age; 140-210 pounds, 4.45a4.55; top,
4.60; 220-250 pounds, 425a445: 260-330
pounds, 4.0oa4.25; pigs, 400a425; pack
ing sows, 3.55a3.85; lignt light good
and choice, 14016O pounds, 440a4 so:
light weight. 10000 pounds, 445a460:
medlum weight, 200-250 pounds, ASA
4.6O; heavy weight. 250-350 pounds,
4.OOa4.35; packing sows, medium and
good. 275-500 pounds, 355a3.9 go: pigs,
good and choice, 1Oo-13o pounds, 3.75a
4.4O.
Cattle, $4,000 head; calves, 1000
head; few early sales fed steers and
yearllngs steady to weak; generally bid
ding around Is lower; butcher she
stock mostly steady to weak; bulls and
vealers steady; early top fed weighty
steers, 300; slaughter cattle and vealers,
steers, good and choice. 6oo-900 pounds,
6.25a8 rs; 900-l,1 100 pounds, 6.50a8 so;
1,l00-1,S00 pounds, 6.75a8.50; 1900
1,50O pounds, 7.00a8.50; common and
medium, COOL, 300 pounds, 4.5Oa6.75;
heifers, good and choice, 55o-850
pounds. 5.75a725; common and
medium, 400a5.75; COWS, good and
choice, 3.50a5 90; common and medium.
3.00a3.50; low cutter and cutter, 2.00a
800; bulls (yearlings excluded, good
and choice (beeD, 3.25a40O; cutter to
medium, 2.50a340; vealers, milk fed) l.,
good and choice, 5.50a7.00; medium,
450a5.50; Gull and common, 250a4 so;
stocker and feeder cattle, steers, good
and choice, 500-1, ,050 pounds, 5.25a6 rs;
common and medium, 375a525.
Sheep-Receipts, 10000 head; fat
lambs, 25a50 higher; sheep strong;
early bulk good 70 choice wooled lambs,
6.75a700; few. TBS; best held higher
fat ewes mostly. 3.50a4.25; lambs, 90
pounds down, good and choice, 6.75a
7.50; medium, 5.75a6.75; 91-100 pounds,
medium to choice, 5.50a740; all
weights, common. 5.00a6.00; ewes, 90
$50 pounds, medium to choice, 300a
$50; all weights, Gull and common, Its
a3.50; feeding lambs, 50-75 pounds,
good and choice, 5.75a625.
Evening star., 1932-03-28
First Mortgage Loans

Lowest Rates Of Interest and Commission
Thomas J. Fisher & Company, Inc.
Evening star., 1932-03-28
NATIONAL BANK
TRuST COMPANY.

Amer. Sec. & TT. Co. (l5. 2e9 3i5
Natl Say. & Tr. CPD .......... 375 400
Prince Georges Blk. & TT. (6).. 2e 40
Union Trust (3s) ............... 1s1 400
Wash. Loan & TT. G4)......... 400 440
Evening star., 1932-03-28
New York Cotton

Special Dispatch to The Star.
NEW YORK, March 28.-Cotton
prices today opened sharply lower in
active trading Commission house Of
ferings were heavy and there was vir-
tually no demand from the trade.
Foreign inquiries were small.
May opened at Sal. o 9; July, SIS,
of 10; October, SIT, off 10; December,
6.e1, of IL, and January, TOO, off IL.
Evening star., 1932-03-28
Grain Market

By the Associated Press.
CHICAGO, March 28.-Helped by
fresh enlargement of Frances wheat
import quota, grain values advanced
today after a Wavering start. Initial
weakness was in sympathy with down.
turns of securities.
Opening unchanged to "a lower,
wheat afterward showed a rise all
around. Corn started unchanged to 3s
off and subsequently rallied.
Evening star., 1932-03-28
Money Returning to Banks.

NEW YORK, March % OP).-The Fed
eral Reserve Board reports the i'm
portant developments in the banking
structure in February and during the
first half of March were a considerable
reduction in the number of bank sus-
pensions and a return flow Of currency
from the public to the banks.
Evening star., 1932-03-28
PUBLIC UTILITY

Amer. Tel. & Tel. C9)..........'1llss ..
Amer Tel. & Tel. ty1...........'ll3ts 80.
Capital Traction Co. (2)...... 'lS l9
Wash. Gas 1t Co. l6b........ 80 lUO
N & w. Steamboat l2). IT'S
Pot Elec. Pow. o. p4d-........ llol4 ll2
Pot Elec. Pow. 5i2to Did ...... los go.
Wash Rwy. 81 E. com tD D.... 2y0 .....
Wash. Rwy. g. El pfd. 3D.. SO 81
Evening star., 1932-03-28
Washington Stock Exchange.
SALES.

SALES.
Potomac Electric SO pfd-2 at 1loA,
at 1l0A.
Washington Rwy. & Elec. 4s-s1 900
at 801a, $1,000 at 8o12, $1,000 at 8O1s,
$1,000 at 801z, 81, ZOO at 80lz.
Evening star., 1932-03-28

Dividend rates in dollars based on last
quarterly or semi-annual payment 'Ex
dlTldend. tPartly extra. tPlus 4qg in stock
a. a. tPstyaoie II cash or stock. Payable in
in stock Plus eFs in stock. h Plus IL
in stock. Plus 29s in stock. Plus l0S
IN stock m Plus SO in stock Plus 81 in
stock. Paid last year-no regular rate
Seward daily gateway., 1932-10-28
DEMO DRY PROMISES MISLEADING, DECLAREs
 TREASURER !. MILLS

UTICA, N. Y, Oct. 28.-The Dem ocratic stand on pr~hiI.tiOn is "just one more misleading prom ise," Ogden Mills told crowd Thursday night as he labeled the Democratic presidential candidate a trimmer"
 Mills accused Franklin D. Roose- welt, of trimming each and one Of his sails to catch each puff of what he considered to be pop ular whim of the moment. The Democratic prohibition promise, he said, is impossible of achievement. Republicans offered definite and concrete action as a guarantee of future performance where Demo crats set up a series of vague and conflicting promises on scattered issues.
 DO not let Encouragement, false hopes, false issues deprive the na- tion of President Hoover's leader ship when it may well prove a na- tional calamity" he sad.
Seward daily gateway., 1932-10-28
J. 5. MAY BUILD BIGGEST
 NAVY N TIE WORLD

WASHINGTON, D. C., Oct. 28, - President Hoover warned that failure of world disarmament eff forts abroad would compel the United States to build a navy "equal to that of the most power full in the world"
 Hoover, in a Navy Day state ment, said these efforts were mak- ing progress. I!e added that their collapse would force this nation to increase it's navy because of dis turbed world conditions and the necessity of protecting American commerce. He said the administra- tion had spared no efforts to bring about reduction of world arma ments.
Seward daily gateway., 1932-10-28
RELIGIOUS PEOPLE: LAUDED FOR EFFORTS
 TQ PROMOTE PEACE

WASHINGTON, D. C., Oct. 28, - In addressing the Episcopal church, Secretary Stimson lauded the eff forts of religious people in all ages to promote peace and abolish such evils as slavery.
 He held that world peace cannot be achieved without the efforts of all nations" and said that no na- tion was so well equipped to pro- mote peace as the United States.
 From our secure position in the new hemisphere, surrounded only by friendly nations whose proxim- ity has never given us cause for an xiety, we have an assured base from which the influence of Amer ica may be exerted, without fear throughout the world, toward es- tablishment of better world rela- tiOns."
 Stimson lauded developments in American foreign policy under the Hoover administration.
Seward daily gateway., 1932-10-28
ROOSEVELT ISA POLITICAL SIREN, SAYS
 SECRETARY \. HYDE

LOS ANGELES, Oct. 20.-De- scribing the Democratic preSiden- tial nominee as a political siren and comparing Herbert Hoover with Abraham Lincoln, Secretary of Agriculture Arthur Hyde told his audience here last night that Pres ident Hoover was not on trial but that the American people were, at this election.
 Governor Franklin D. Roosevelt and his henchmen are Sneerlng at this administration which is lead ing the world out of the depression, MT. Hyde asserted, adding that the Democrats speak in generalitieS only and that they have no defl- mite program for any national pro blem.
 After three and one-half years of bloody sacrifice Abraham Lincoln was dubbed a failure by many; called a baboon; but what would have become of "our country if Lin coin had not been returned to the White House! And now, in 1882, there is talk of wanting a change. Are our three years of depression worse than those three years in Llncoln's time? I would rather see the man who has just put into mo- tion the machinery for not only national but world wide economic recovery, run it, not a stranger"
Seward daily gateway., 1932-10-28
LIBRARY BAKE SALE
 BE HELD 0N NY. 8

The Seward Library will hold it's annual Bake Sale on election day, Nov. 8, in the library.
 The library has received notice from the Governors office that the usual aid given by the Territory to libraries will not be extended this year on account of lack of funds.
 Therefor, as such Bake Sales are the library's only means of raising money to carry on the board is anxious to make this one success.
 Everyone will be busy on election day so remember to purchase home made food breads and cakes at the Library Bake Sale, Nov. 8.
Seward daily gateway., 1932-10-28
Al SMITH MAKES
 SECOND MAJOR SPEECH

BOSTON, Oct. 28.-Alfred E.. Smith made his second major speech of the campaign in support of the Democratic candidate after a tumultous welcome from 15,000 persons The ovation equalled that given Smith in 1928 when Massa- chusetts cast a majority of votes for him.
 Tn 1880 the country was faced with a deficit of one billion dollars and not a word was said about it, :" said the speaker. Why? Because the administration was living in hope that providence would make things better"
Seward daily gateway., 1932-10-28
HUNDRED THOUSAND
 HUNGER MARCHERS
 BATTLE LONDON POLICE

LONDON, Oct. 28.-Foot police used truncheon unSparingly Thurs day on 100000 unemployed march CTS and London hoodlums in a bat tie around the marble arch of Hyde park. Sixty persons were injured, three of them so severely they were taken to hospitals.
 Bands of young ruffians dashed back and forth, attacking police with clubs, stones and other mis- siles. They smashed windows in stores and automobiles. Before nightfall the park and surround ing streets had been cleared tho threats of night terrors from riot CTS led to redoubled vigilance by the police.
 Numbers of Downing street and parliament buildings were strongly guarded.
 The battle which ragged in half dozen sectors climaXed the march ot 5000 jobless men and women from all sections of England and Scotland. Marchers themselves LOOK little part in the rioting, most ot the fighting being done by the London unemployed and hoodlums.
 The hunger marchers are pro- testing against the meagerness of dole payments.
 Officials of the national unem- ployment workers movement, SUD- porting the hunger march were making arrangements for housing members of their movement.
Seward daily gateway., 1932-10-28
MOTHER KIDNAPPED
 CHILD, FOSTER PARENT

LOS ANGELES, Oct. 28, A tear full young mother went to jail yes terday on charges Kidnapping her own baby, while three-year old Nancy Irene Buchanan went back to the home of her foster mother, Mrs. Violet Buchanan.
 Nancy Lee, object of the frantic 20 hour search begun when she was reported kidnapped Wednesday, watched as her mother, Ruth Bor- man, led to cell. The child was unharmed by a night spent in a house where Miss Borman was found asleep in her mothers arms.
Seward daily gateway., 1932-10-28
FRANCE |S WILLING
 T9 REDUCE HER ARMY

PARIS, Oct. 28, Reduction of the French army from 20 to 12 di- visions by cutting conscript service Is planned if similar reductions and security guarantees are made by other nations, the press was in formed.
 There was a new note of opti- mlsm in semi official disarmament discussions, indicating renewed life for the Geneva conference on arms limitations, and hope for removal of the most serious obstacle to real limitations of naval forces.
Seward daily gateway., 1932-10-28
System Strangling
 Growth of Alaska
 Declares |. Y. Ray
BEFORE MATERIAL PROGRESS CAN BE MADE TERRITORY MUST BE GRANTED GREATER POWERS IN SHAPING OWN DESTINIES- FERs PLAN TO SOLVE TREASURY DEFICIT

Launching program filled with progressive ideas, principal among which is getting at the root of Alaskan troubles tearing them from the so substituting there fore healtny growth L. V Ray candidate for the Territorial Senate the Republican ticket made his po- ston and policies plain to steners-in KFQD Ancho- rage Monday evening.
 This Mr. Rays first appearance before the voters in the present campaign and he made it clear that he did not believe that stopgap legislation, and patching up here and would suffice to meet the entire problem
 Mr. Ray believes that the solution lies in greater lat tude in the management of Alaskan affairs by Aaskans With this poWer he feels confident that the territory can work out it's own savaton especially that it has practically been thrown back upon it's own resources and can expect little help from the federal government
 ALr. Ray, in broadcasting his speech in part said
Seward daily gateway., 1932-10-28
HUNDRED ID ONE-sHQT
 WINS HANDICAP EVENT

NEW MARKET, Eng, Oct. 28, III Mrs. c. B. Robinson's "Pullover," ;" paying 100 to 1, won the Cambridge Handicap. Lord Glanley's Ada Dear" was second, and Sir Victor Sassoon's "Pharoah" was third; 23 horses ran.
 Thousands of long odd bets were made on the race, coupled with the Cesarewitch Handicap run of October 12. Only one better had the winner and that horse was 354 to 1.
Seward daily gateway., 1932-10-28

railroad, to do everything in my power to insure continuation of the railroad project, to stabilize en- ployment hereunder, to safeguard and protect those who have es- tablished business or built homes and otherwise become a part of this territory based and predicated upon the continuation of and suc- cess of the railroad project. I am of the firm belief a policy may be worked out which will effect such an object.
 Then, too, under the report cir culated by the territorial auditor, there is sounded a warning as to the fate of our school system, of our Pioneers Home, our advanced age pension fund and other impor- tant matters.
 The sound education of our youth must be maintained at any cost through an efficient educa- tlonal system, the most essential portion of which consists of teach CTS. Therefore, why not use the credit to which we are entitled, should an emergency arise, and se- cure funds with which to take care of the schools, the pay of our teachers, the care of the pioneers and of the aged by and through loans obtained from the R. F. c. Why not apply national finance to territorial affairs? Give us title to and control of our resources, of our revenues, and we can free ourselves from parental supervi- sion.
 After 20 years of a limited and restricted grant of power by the national government to the people of the territory, it is demonstrated that we have fully and completely established our ability to manage and control our own affairs with out further supervision, parental control and interference with and participation in by federal appoint i've officials.
 Having this fixed and firm oplnlon d well fortified by the existing facts, I present to you the necessity of a full form of ter rlCorlaI authority and government, the election of our governor, of our judges and of all our officials, cho- sen from Alaskans. Our present major appointments, or rather those appointed, have and are ,1n- der no obligation to serve the peo- pie of the territory, are not answer able to those over whom they are placed in charge, but answerable only to the appointive power.
 The form of government now tried out in Alaska, has fatal de. 1ects. It is narrow and arbitrary is not good government, is not ir
 Please turn to Page Three> - 4 - s-