davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-02-05
BAKING FIRM CUTS
COST DURING YEAR
Continental Takes Up Bonds
and Stocks and Lowers
Price of Bread.

An index Of the extent to which the
public has benefited by lower bread
prices during the past year is given BY
the report to stockholders Of the Con-
tinental Baking Corporation, made to-
day by M. Lee Marshall, chairman OF
the board Through its operation OF
the Corby and Havenner plants In
Washington the Continental is one OF
the Capitals largest industries.
Reductions in prices by the CONT
mental amounted in 1881 to 4,624 900.
OF this reduced cost to consumers, 81
BAG 900 was represented by lower flour
costs, leaving net economies passed
along to the public Of Sl778,o00 above
the saving in the principal raw mate
rial. This showing, in the face OF gen.
orally less favorable conditions than ex-
lSted in 1880, MI. Marshall attributes TO
the fact that advertising activities were
continued with undiminished vigor
through the year and that, while saw
ingS in costs were promptly reflected in
the price to consumers, there was no
attempt to reduce prices at the sacrifice
of quality.
During the year 81 900 900 In subsid-
iary bonds were called, resulting in a
saving of 100000 annual interest. This
leaves a total funded debt Of subSid-
iaries of $2,l6l, ,3O232, as compared
with $8,125, 1884 at the end of 1925.
During the year % ,345 shares Of 8 per
cent preferred stock was cancelled, with
resulting savings in dividend require
mentS.
Provision for depreciation amounted
to 81 700 900 in excess of the sum re-
quired for necessary additions to prop
erty. Upkeep repairs and Improvements
for the wear amounted to approximately
$3.50 900 Cash and Government Securl-
ties increased approximately $2000,000
and the good will item was reduced by
nearly S5O0,000.
Evening star., 1932-02-05
Baltimore Markets

Special Dispatch to The Star
BALTIMORE, Nd. February s.
White potatoes, per 100 pounds, 75all0;
sweet potatoes bushel, 4OaeO; yams,
barrel. 75al 25: beans, bushel, 1.5Oa2 25;
beetS, per crate, 14Oa1.50; brussels
sprouts, per quart. lOal5 cabbage, ham,
per. scales, caulifloWer, crate, 1.50a
1.75; onions, per hundred pounds. 300s
400; peppers. crate, 1,50a2 IS; spinach,
oushel, 25a9o; celery. crate, Assoc:
squash, bushel, 150a200; tomatoes,
crate, 1OOa35O; eggplants, crate, 5oa
2,75; turnips hamper. 35a50; apples,
bushel, 35a1.50 grapefruit, box, LISA
2.25; oranges, box, 20oa375 straw
berries, quart, 25 kale bushel, 30a4O.
Dairy Market.
Chickens. young, 18a2l; leghorns, 15a
It; old hens, l3a18; leghorns, old, 14a
Is; roosters, 10al2: ducks, l2a20; geese,
llal7; guinea fowls, pair, 30a65; tur-
keys. l6a32; pigeons, pair. 20a25.
Eggs Receipts, 1856 cases; nearby
firsts, l6 western frsts, IS.
Butter, good and fancy creamery. 21a
2412; ladies, 15al6; process, 20a2l;
store packed, 10a11.
Live Stock Market.
cattle-Receipts, 500 head; light
supply: market steady.
Steers-Choice to prime, none; good
to choice, 500 to 6,75; medium to good,
ATS to 575; fair to medium, 400 TO
Ats; plain to fair, $50 to 400 COM
mon to plain 800 to $50.
Bulls-Good TO prime, none; good to
choice, none: medium to good, 400 10
425; fair to medium, $50 to 400; plain
to fair 325 to $50; common to plain,
800 to 325.
Cows-Choice to prime, none; good to
choice, none; medium to good, 3.75 TO
400; fair to medium. 1925 to 3.75 plain
to fair $50 to 325; common to PLAIN,
$50 to $50.
Heifers-Choice to prime, none; good
to choice, 500 to $50; medium to
to 4.50; plain to fair, 800 to 400 COM
mon to plain, $50 to 800.
Fresh cows and Springers, 5000 to
Sheep and lambs-Receipts, 200 head:
light supply, market steady; sheep, 100
to 800; lambs 400 to TAO.
Hogs-Receipts, 100 head light
supply, market steady lights. 450 to
495; heavies. 425 to 450: medium. ass
to 4s0; roughs, 275 to 3.75; light pigs.
400 to 4,50; pigs, 425 to 4,6o; trucked
nOgS, none.
Cattle-Receipts, rs head; light sup
ply, market steady; calves, 400 to $50.
Hay and Grain.
Wheat-No. red Winter, garlicky,
spot domestic, 6ll 2; February delivery.
GIL 2; March, 62o4.
Corn-No. 2 yellow. spot, domestic,
43a44; cob corn, new, 2O0a2lO per
barrel
Oats-No. 2 white, domestic, 35a35l2;
No. 8, 34a34l2.
Rye-Nearby, bag lots, &oa45.
Hay-Receipts; l3 tons. General hay
market quiet. Receipts ample Of timo-
thy, but good, mixed hay scarce and
bringing premium. Prices range from
Sl2 to $3.50 per ton, as to grade and
kind. Latter figure for choice clover
mixed. The poorer grades Of timothy
are irregular in price
Straw-No. l wheat, 850as0O per
ton; No, l oats, 9.O0alooO per ton.
Evening star., 1932-02-05
Southern Pacific Traffic.

NEW YORK, February P).-
Traffic of the Southern Pacific system
is running about 20 per cent under
last year at this time Paul Shoup,
president Of the road, said today.
This rate of decrease is about what
might be expected in view Ct general
conditions, he said.
Regarding the railway wage cut, he
said: 1T cannot be estimated as to
what extent railroad employment will
increase through the wage reduction
agreement but it can be said that with
out doubt there will be great deal
more employment than if the reduction
had not been agreed to-"
The Southern Pacific, Mr.. Shoup sold,
will place orders for 10000 tons of rails
this week, and will make substantial
purchases of ties.
Evening star., 1932-02-05
GAIN IN INSURANCE
|. DEMAND FORECAST
Santiago Disaster Expected
to Increase Earthquake
Policies.
BY ROLLIN M. CLARK.

An increased demand for earthquake
insurance, particularly in the South
eastern States, is anticipated as re-
suit of the Santiago disaster.
1t has always been the experience Of
this country that an earthquake scare
develops at once in the vicinity of a
section which sustainS a severe shock.
For example. earthquake insurance
premiums in California in 1924 tOtaled
s290000, but in 1926, the year after
the Santa Barbara quake, they had in
creased to more than s2500,0 900.
Freeman's View.
Two factors stand out to allay any
fears that citizens Of Florida and other
nearby States may have regarding
possible recurrence Of an earthquake in
their sector at this time. First San
tiago is in a major earthquake belt,
while the Southeastern States are not;
and secondly, records indicate a period
Of immunity from destructive quakes in
locality following the occurrence of q
violent shock in the neighbOrhoOd. The
latter is the view Of John r. Freeman,
a prominent engineer and insurance eX-
ecutiVe. who has just completed 900
page volume on the subject of earth
quake damage and earthquake inSur-
ance.
Mr.. Freeman expresses the opinion
that earthquake insurance can be writ
ten successfully in the United States
today at an unusually low rate which
would have popular appeal. He
would have this coVerage combined with
fire insurance in single policy TO min
imize underwriting expense. This
method Of including earthquake cover
age with fire insurance was recently
adopted for San Francisco and vicinity
accompanied by drastic reduction in
premium rates
1t is Mr.. Freemans contention that
similar protection could be made avail
able for dwellings east of the Rocky
Mountains at an additional annual cost
not to exceed 2 to cents per 500 Of
insurance, provided the insured would
agree to stand the first $50 of damage
to allow for possible old plaster cracks.
In 1880 the average earthquake tnsur-
anCe rate in the United States was near
ly 54 cents per 500.
Supporting his arguments for popu-
! larizing this form Of insurance through
lower premium rates, Mr.. Freeman
points to the infrequency of deStruc-
tive earthquakes. the remarkably small
territory over which violence has been
sufficient to destroy structures in any
CIlC CdL III4udhc, LIle SUCCESSFUL resist
ance Of hundreds Of ordinary buildings
standing IN close proximity to damaged
| structures, the small average proportion
Of damage in relation to the sound value
OF the property found within affected
areas and finally, a contention that
earthquake-proof buildings can be built
to height of 100 feet at very small
increase in cost over unsafe buildings.
Result of Inquiry.
The studies made by this investiga-
tor have led him to the conclusion that
no future earthquake will be more seri-
GUS than those which have occurred
in the past and that only one ma jor
disaster may be expected on the ave-
| rage in the region east Of the Rockies
every century.
(Copvrieht. 1892
Evening star., 1932-02-05
CHICAGO LIVE STOCK MARKET

CHICAGO, February 5 up UNITED
States Department of Agriculture -
HogS-Receipts, $4,000 head including
10000 head direct; active, 10 higher;
l70-2l0 pounds, 420a4 30; top, 4.30;
220-250 pounds, 39Oa415; 25O-310
pounds 3.75a390; l4O-l60 pounds,
400a4 20; pigs, 3.25a3 so; packing sows,
3,35a350. Light light. good and choice,
140al60 pounds. 40Oa4.25; light weight,
10000 pounds, 410a430 medium
weight, 2OO-25O pounds, 390a4.3o;
heavy weight, 250350 pounds, 365a-
400; packing SoWs, medium and good,
275-500 pounds, 3.30a360; pigs. good
and choice. l00-130 pounds, 3.25a3 IS.
Receipts, 1000 head; calves,
receipts, 500 head; largely cleanup
market, steady to strong at weeks de-
cline; common and medium grade
best steers, $50: bulk. 5.00a625; most
fat COWS, 2.75a35O; demand still mar
row for practically all classes. Slaughter
cattle and vealers Steers, good and
choice, 100000 pounds, 6.75a975; 300
1,100 pounds, 6,75a975; l,100a1 800
pounds, 6.75a975 1,3O0-l,500 pounds,
6.75a9.75: common and medium, 900
1900 pounds, 3.50a6.75.
Heifers, good and choice, 550-850
pounds, 5O0a6.50; common and me-
dium, 30Oa50 90; COWS, good and choice
300a4 90; common and medium, 2,50a
800 low cutter and cutter, 1,50a2 SO;
bulls (yearlings excluded good and
choice (beef) 3oOa375; cutter to me-
dium, 225a325; vealers milk fed
good and choice, 7.50a900; medium
650a750; Gull and common. 400a6.50
Stocker and feeder cattle: Steers, good
and choice, 500-1 05O pounds, 4:25a
$50 common and medium, 325a4.50
Sheep. 10000 head nothing done;
asking higher and bidding unevenly
lower; good to chocie lambs, bid, 6:75a
1925: extreme top late yesterday, TAO
Lambs, 80 pounds down. good and
choice, 6.50a7.40; medium, 5.5Oa65O;
all weights, common, 45Oa5. SO; ewes,
90-15O pounds medium to choice, 2.50a
4.25; all weights, Gull and common,
175a3OO; feeding lambs, 50-75 pounds,
good and choice, 5,00a550.
Evening star., 1932-02-05
WORKMEN'S INSURANCE
RATES ARE INCREASED

Special Dispatch to The Star.
NEW YORK. February 5.-Rates on
Workmen'S compensation insurance
have been increased approximately 10
per cent during the past year and, If
pending revisions by the rate-making
bodies are approved, another l per cent
will be added. During 1881 the LegiS-
latureS of 81 States enacted amend
mentS, some of which would obviously
increase the cost of such insurance. the
National Industrial Conference Board
says However, a still more serious
problem was presented because of the
falling off IN industrial pay rolls due
to the depression
All of the rate increases going to
make up the total of 10 per cent in
crease during the past year have been
emergency rates, made largely to wine
out def,cit In the premium income.
Evening star., 1932-02-05

Of the corporations consumers in It's
sales volume.
Sales so far this year do not appear
to show any change as compared with
the turnover in the second half Of 1881.
1t is, however, intimated that as the
year advances the margin OF decrease
is likely to grow less, provided there will
be no appreciable change in commodity
prices.
Conferences. whether national or in
ternational, Invariably achieve one con-
crete thing-they fix the date and place
Of the next conference.
Word has Just come from Paris to
the effect that France is willing to
initiate and call world economic nom
aggression conference Immediately after
the Disarmament Conference, now con-
vened at Geneva Regardless of what
the various conferences which have
been held at the instance of European
powers since the armiStice have
achieved, they have kept Europe out of
war, which is, after all, much more
costly, although as futile as conventions,
If not more so.
Ford Of Germany, owned Jointly by
the Ford interests and the powerful
German dye trust, is expected to pay
on account of 1881 a dividend of from
4 to S per cent. At prevailing prices
of about 1612, the yield varies between
s and per cent Present levels repre-
sent shrinkage of more than 73 per
cent as compared with a price of 81, at
which shares were introduced in the
Berlin stock market in 1929, and a
shrlnkage Of nearly 10 per cent as COM
pared with quotations a year ago.
The outlook for the current year is
not only dependent upon the general
European situation but also is somewhat
obScured by the fact that a Ford car
In Germany is more expensive than
the more popular cars manufactured by
the Opel Automobile Works, affiliate of
General Motors.
While it is true that New South Wales
bonds were not sold with an Australian
Government guarantee, the common
wealth is nevertheless responsible for
the loans which went into default on
February /. BY virtue of act No. 4 of
1929, entitled financial agreement vail
dation, the debts of the state govern
ments as of July l, 1927, we're taken
over and assumed by the commonwealth
government on July l, 1929
This law gave effect to an agreement
entered into between the commonwealth
and the state governments in June,
1927, subsequently ratified by the state
parliaments and by the commonwealth
parliament on March 20, 1923.
Accordingly there is no difference
technically or judicially between obli-
cations Of the government of Australia
and those OF its various constituent
parts.
tCopyright. 1892. by the North American
Newspaper Alliance, Inc)
Evening star., 1932-02-05
Maryland Bank Reopens.

BALTIMORE. February 5 (Spe-
ciaD The Provident State Bank Of
Preston, Caroline County, has reopened
for business, to mark the reopening Of
the second Eastern Shore bank within
the week, according to George w. Page,
State bank examiner.
On Monday the Queenstown Bank of
MARYLAND. in Queen Annes County, re-
sumed business after having been closed
since the first of last October. The
Provident Bank closed last October g..
Depositors of the two institutions have
agreed that their Withdrawals will not
exceed stated amounts and will be made
at minimum intervals specified i'll
agreements with bank officials.
Evening star., 1932-02-05
New York Cotton

Special Dispatch to The Star
NEW YORK. February 5-Opening
cotton prices were unchanged to 2
points higher today Trading was slow
and foreign demand small
March started off at $50, up 2; May
6.77, unchanged; July 693, up l and
october IT'S, up /.
Evening star., 1932-02-05
INTEREST RATES.

BY the Associated Press.
Money rates remained unchanged last
week as their averages were calculated
bv the Commerce Department. In the
table that follows the average for both
classes of funds is given for compa
rable periods, as compiled by the de-
nartment:
Evening star., 1932-02-05

Up TO a little over 100 years ago, dis
ease was q deep mystery TO the world.
Evening star., 1932-02-05
ire Direct to The Star Once

Dividend rates in dollars based last
in stock
a in Adjustment
dividend Plus 81 in Plus IL in
n in
stock n D year-no regular rate
Evening star., 1932-02-05
STOCK AND BOND AVERAGES
STOCKS.

BY the Associated Press.
From Yesterdays $50 Edition.
Evening star., 1932-04-24

ranged a dinner for Tuesday at $50
O'Clock, when Miss Janet Richards will
be honor guest and speaker. Mrs.
William Lee Corbin, president. will
preside.
The Bicentennial Committee will give
its third program Thursday evening.
Mrs. Mary liant Couch will present a
musical program.
The nutrition and health section
meets Friday at o'clock.
Candidates for election, to be held
May 4, are: For president, Miss Alice M.
Heaven and Mrs. Grattan Kerans; for
first vice president, Miss Elaine Eppley
and Judge Mary O'Toole; for recording
secretary, Miss Florence Christman and
Miss Martha Lane; for members of the
board, Mrs. George J. Adams, Miss Julia
E. Coonan, Mrs. William Lee Corbin,
Mrs. Mary liant Couch, Mrs. Charles
H. Curl, Mrs. Patrick Gallagher, Mrs.
John H. Harwood, Miss Elva Mcnamara,
Mrs Gladys B. Middlemiss, Mrs William
w. Spaid, Mrs. Caroline B. Stephen and
Miss Roberta Tull; for delegates and
alternates to D. c. Federation, Miss
Susan Baker, Mrs. John D. Fitzgerald,
Mrs. Jerome K. Lightfoot, Mrs. Alice
Minch, Mrs. Elijah Van Metre and Mrs.
William H. Whitney.
Evening star., 1932-04-24

July II to 30, while the 3o7th will un-
dergo their training from July to IS,
1882. One field officer and company
officers Of the 462d Armored Car Squad
ron will hold their training at Fort
Myer from July z to 20, 1892.
Two field and 20 company Finance
officers of the District Will receive their
training at Fort Meade, Md, from July
"a to August 6, while District Ordnance
Reservists, numbering field and 20
company officers, will journey to Aber-
deem Proving Ground, Md, for their
training beginning July "a and con-
held for corps area service command
officers, 3 field and IL company officers
taking this training at Fort Hoyle. Md.
from August II to 80, while 4 field and
"a company officers will attend the sec
ond camp at Fort Humphreys, Va. from
July "a to August 6. Three Engineer
camps will be held this Summer for
District Reservists of this arm. all at
Fort Humphreys. -Four field and SO
company officers will attend the 305th
Engineer camp, to be held from July
10 to %, while field officers and 20
company officers will attend the 343d
Engineer camp, to be held from July "a
to August s. The camp Of the 376th
Engineers, to be held from July "a to
August 6, will be attended by field
officers and 20 company officers.
DR.. Thomas H Healy, assistant dean
Of the School of Foreign Service at
Georgetown University, will conduct
the Quartermaster Reserve Conference
at District Reserve headquarters in the
Walker-J Johnson Building tomorrow
evening.
District Reserve officers of the Judge
Advocate Generals Department will
hold their Institutional conference at
Reserve headquarters tomorrow evening
under the direction of Capt. c. M.
Ollivetti, who will hold a moot court.
Reserve Coast Artillery officers of the
District will meet at headquarters
evening under the direction of
Capt. T. ]. Belts, C. A. c., who will
discuss supply matters. Signal Corps
Reserve officers Of Washington will
meet this same evening under the di-
rection Of Capt H. Allison, S. c., who
will lecture on the mission and method
Of instruction of the Citizens Military
Training Camps.
Washington Field Artillery Reserve
Evening star., 1932-04-24
~ .hs ,etbod,st board of Temperance

of the Methodist Board Of Temperance,
Prohibition and Public Morals, whose
subject will be Law Enforcement" The
program will be heard at noon. At the
morning session officers and chatrmen
of committees will report. After luncheon
the business will be continued, followed
by musical program.
The annual meeting will be held
Nav 10 and IL at the Roosevelt.
Mrs. William Adams Slade, president
of the Young Womens Christian Asso-
ciation, will be the speaker over Station
WhdAL on the Among Women" pro-
gram, sponsored by the D. g. Federation
Of Wornen's Clubs THE Young Women's
Christian Association" will be the sub
ject of the talk Friday morning at 10:45
o'clock.
A musical program will be broadcast
over Station WJSV tomorrow morning
at II O'Clock. Mrs. H. M. Hunter, radio
program director, will announce.
Chauter G, p. E. o., was entertained
Thursday at the residence of Mrs. Grant
Barnhart, 1434 Rhode Island avenue,
with Mrs. Taber Stevenson as assisting
hostess.
.'The Rise OF Sovietism" was the sub
iect for consideration in the chapters
study of Russia. &n address on Rus
sian Communism" Nas given by Miss
Lillian Williamson of Chapter c. This
was well illustrated by posters and
pamphlets.
Guests in attendance, who brought
greetings from their respective chapters,
were Mrs. S. A. SWiggett of Cincinnati,
Ohio. and the following from the Dis
trict of Columbia: Miss Julia Macmillan,
Chapter A, who is also District organ
izer; Mrs. r. Bruce Bare, Chapter C, and
Mrs. Leroy A. Palmer, Chapter B.
The chapter will be entertained April
% by Mrs. Johnston B. Campbell at her
residence, 1902 Quesada street.
Women's City Club.-The music sec
ton and the Hospitality Committee will
be hostesses at the tea today, when
several woman composers will appear to
hear their music played by the Ralon
String Quartet of the National SYM
phony Orchestra.
The class in Old Testament literature
under the direction of Ellis Meredith
meet Tuesday at 8 o'clock. The subject
is THE Handwriting on the Wall"
The current events section has ar
Evening star., 1932-04-24

officers win hold their conference. at
Reserve headquarters Wednesday eve
ming. This meeting will be conducted
by Maj j. M. Mcdowell, who will dis
cusS the service of the piece. Wash
ngton Reserve Engineer officers will
meet this same evening for their Con-
ference, which will be conducted by
Capt. A. B. Jones, c. E., who will dis
cuss water supply.
Headquarters Of the 32Oth Infantry
announced last week a reassignment Of
District Reserve officers assigned 10 this
regiment. Under the change. the cdrn-
mlssloned personnel Of District Infantry
Reserv1stS assigned TO this regiment
Is as follows: Regimental headquarters
will be composed of the following offi-
GERS: Lieut.. Coils. William H. England.
commanding officer. and John ". Rieh-
ards, second in command and execu-
tive; Maj. Robert H. Stevenson, Capts
George G. Whiting, Henry NJ Jett,
Lloyd E. Kelly and Ray X Smathers
and First Lieut. Frank A. Gould.
Medical personnel attached to the
regiment include Mai. Leslie T. eager,
regimental surgeon; Capt. Theodore C.
G. Fong, First LieutS Raymond T.
Holden, Jr.; Willis B. Morse, Lester M.
FeIle, WLllam A. RyOn, Richard +.
Shaw. The chaplains attached to the
regiment are Capt. Earl Taggart and
First Lieut.. Delisle A. Lemieux.
The commissioned personnel compos-
ing the Headquarters Company are:
Capt. Oscar Letterman, First Iieats.
Howard K. Chapman, jr., and Robert
H. Kirkwood, and Second Lieuts.
Charles F. Kelley, Earl E. Shamwell,
Francis P. Wells, James D. Book and
Jack r. Eakin.
In addition to Capt Joseph L.
Rhodes, who will command the service
company. the commissioned personnel
Of this company will be composed of
the following District Reservists: First
Lieuts. Kenneth H. Sheelor, George T.
Sun1merlin, jr.; Charles w. Phifer and
Aubrey L. Sharp, and Second Lieuts.
John L. Bischoff, Edison A. Edison, JOS
eph H. Gawler. Raymond H Hoiskell,
John T. Keister Albin F. Knight, Theo-
dore A. Neubauer, Frank A. Stutz and
James c. T1son, jr.
Maj. Homer E. Carrico, Cavalry Re-
serve, is assigned to the 62d Cavalry
Division
Evening star., 1932-04-24
Live Horse Power for Car.

Horsepower is horse power to a
farmer of Papworth. England, for he
has figured 1t out that the cheapest way
to run his automobile Is to have 1t
pulled by one Of his farm horses. He
goes to market every day with Dobbin
pulling the machine. the traces of the
harness being fastened to the springs.
He always carries two spare tires, and
as he drives he has to have an assistant
handle the wheel. His speed is slower,
but gasoline Is high in England, he
argues, and what Is time to horse.