davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-10-29
WEST VIRGINIA BANK
MERGER IS OPPOSED
State Commission Suggests That
New Institution Be Formed to
Liquidate Three Closed Banks.

Special Dispatch to The Star.
FRANKLIN, w. Va, october ga
delegation of 25 stockholders in the
three closed banks of Pendleton County
presented proposition for merging the
three institutions into single bank and
opening it here, at conference with
State Bank Commissioner L. r. Char
tier in Clarksburg this week.
The plan proposes that all present
stockholders in the three banks would
retain their stock and the new bank
would liquidate the three closed insti-
tutions, paying depositors the amounts
due them over a period of five years.
The delegation advised the bank head
that over 1000 depos!tors of the af-
fected banks had signed agreements to
freeze their deposits in conformity with
the plan.
The banking commissioner found the
plan unsatisfactory because it did not
provide working capital as required by
State law, and he recommended an en-
tireiy new bank with a small capital
be organized and that it be utilized, as
IS being done in other communities of
the State. for liquidating the three
closed banks. He suggested the work.
ing capital requirement might be met
under the stockholders proposal by pro-
viding for capital from portion of the
stock assessments. The latter sugges-
ton forms the basis of continuing study
by the delegation.
Evening star., 1932-10-29
BONDS IRREGULAR
IN LIGHT TRADING
Junior Rail Group Moves in
Narrow Range-OiIs
Active.
Srecial Dispatch to The Star.

SE2clal Dispatch to The Star.
NEW YORK, October 29.-Some of
the buoyancy that distinguished the in
Vestment market Friday was lost today
in a disinclination to trade at the end
OF the week and in sympathy with a
less firm stock market
Another factor was the lack of con-
frmation of rumors that have been in
circulation regarding the Baltimore &
Ohio leans from the Reconstruction
Finance Corporation.
Inc bond issues of this road held
surprisingly we'll at first, but later the
4 rs OF 1888 lost point. 1t is antici-
pated that some announcement in re-
gard to the lean application may be
forthcoming next week
Other Junior rails moved over a mar
row range, some losing IA to Il and
others gaining similarly. The Nickel
Plate issues were heavy. The plan to
withdraw the per cent notes from the
list and to quote only the certificates Of
deposit will limit trading in this group.
The former were off points.
Standard of CaliforniaS bid for the
Richtield properties, which was higher
than that made by Sinclair ConSoli-
dated, led to active trading in the Pan
American Petroleum certificates and
undeposited bonds, which rose several
points. The proposed terms were con-
sidered highly favorable to this issue
1t was announced that the November
interest would be paid on the Chicago
& Eastern Illinois per cent general
mortgage bonds, which are selling at 13.
In the foreign list the strongest issues
were the French City IS, which sold at
104l2. AS these mature in 1884 they
are regarded as short-term paper and
the demand for them is on this basis.
German and Australian bonds were
slightly lover The general foreign list
was quiet There was almost no change
in the prices of United States Govern
ment bonds.
Evening star., 1932-10-29
CHANGES IN CURB
LIST ARE SLIGHT
Profit Taking Causes Small
Price Movement on
DoWnside.
BY JOHN A. CRONE.

Special Dispatch to The Star.
NEW YORK, October 29.-Strong at
the outset today's Curb Exchange ses-
sion encountered a ripple Of week end
profit taking that caused prices of lead
ing shares to record slight changes one
way or the other.
Electric Bond & Share fell back after
its early rise and this was true Of
Standard Oil of Indiana and Aluminium
Co. of America common. Cities Service,
Pennrcad Corporation and Atlas Cor
poration replaced their initial advances
with net declines.
The disappointing car loading state
ment, showing drop of more than
5000 cars, when an increase in loadingS
had been expected, had the effect of
slowing trade. Directly it at once af-
fected the upward movement of Penn
road Corporation.
Reports of trade generally were mod
erately optimistic, but the market ig-
nored general news about as well as
| many specific corporate items. Thus
the declaration of regular dividends by
Trunz Pork Stores and Gorham Man.
ufacturing was not at once reflected
marketwise. Pittsburgh & Lake Erie
opened off 4 points after the car-loading
statement was published.
An unusual feature Of the first hour
was a moderate accumulation of cop
pers, notably Newmont Mining and
United Verde extension. The trade could
offer no explanation for this market
turn, since demand for the red metal
lags and prices now are around 5ls to
53s cents pound. There has been per-
sistent talk Of putting the metal to Z
cents and thus improving inventory
dealers are somewhat skeptical.
Westvaco Chlorine Products reported
earnings of % cents share against 10
cents in the preceding quarter and 33
cents in the third quarter of 1881.
American Cynamid B pointed higher,
but other chemicals Jagged. Great At
lantic & Pacific Tea, as expected, de-
clared the usual rs cents extra on the
common. New England Power pre-
ferred responded to an earning report
that was better than anticipated.
Evening star., 1932-10-29
Baltimore Markets

Special Dispatch to The Star.
BALTIMORE, Md, October 90
White potatoes, 100 pounds, 80alOO;
barrel, 125a1.50: sweet potatoes. bushel,
30a60; barrel, 50a90; beans. bushel. 30a
100; beets, 100, 1.50a2 90; brussels
sprouts, quart, 6a12l2; cabbage, basket,
25a35; carrots 100. 1.50a200; cauli-
flower, crate, 75a1 40; celery, crate. 75a
125; cucumbers, buShel, 1.75a3.00; egg
plants, crate, 10Oa200; lettuce. crate,
250a3.50; lima beans. bushel, l.25a2 .25 !;
onions, 100 pounds, 85a100; peas,
bushel, 25oa2.75; peppers, hamper, 15a
25; pumpkins, 100 5.00al000; spinach,
bushel. 20a35; tomatoes, hamper, Goa
so; apples, bushel. 35a125 cranberries,
box, l.75a250 grapes, basket, 23a28;
grapefruit, box, 3.25a375; konevdews,
crate, 75a175; peaches, bushel, 25a75;
pears, bushel, 60a2C0.
Dairy Markets.
Live poultry-Turkeys, hens. pound,
90; gobblers, 20; Young chickens, liza
IS; Leghorns, 1Oa12; old hons, 12a17;
Le2horns, 10a12; old ROSTERS 8a9;
ducks, 1laf4; guinea fowls, each, 25a
35 pigeons, pair, 10a15.
-ggG-Receipts, 1907 cases; hennery
white dozen, 32a34; nearby firsts, 27a
%; Western firsts, 27a23; Southern
flr3ts 26a27; current receipts, 25a26.
Butter - Good to fancy creamery,
pound, 1928; ladies', 13a14 store
packed, 10a1l; process butter, 15al6.
Evening star., 1932-10-29
FREIGHT LOADINGS.

NEW YORK, October % (P.-Recent
reports Of railway car loadings for the
week ended October %, while Indicating
the Fall improvement has been fairly
well maintained. show an evening up
of traffic on some lines following the
seasonal peak which was reached around
October Is
The New York Central for the last
week handled total of 96,876 cars,
against total of 96,865 in the previous
week and 1880 in same week of 1881.
The decline from year ago was 14.8
per cent.
Evening star., 1932-10-29
New Firms Chartered.

RICHMOND, Va, october 20 (Spe-
ciaD Percy S. Dove, Inc, of Alex
andria, just granted a charter here, is
authorized to do construction and
repaid work on buildings with maxi
mum capital limited to $4,000. Officers,
all of Alexandria, are: Percy S. Dove,
president; Albert C. Dove, vice presi-
dent, and Pearl Dove, secretary.
Fred Drew Co., Inc, a District Of
Columbia corporation, has been estab-
lishei in Virginia with principal office
at Rossiyn in charge of Carl c. Grimes.
The company, capitalized at $4,000, is
authorized to conduct general con-
struction business. 1t has Offices in
Washington at 1888 Pennsylvania ave-
nue. northwest,
Evening star., 1932-10-29
RAILROAD EARNINGS.

NEW YORK, October % (P).-Sev.
eral of the larger railroad systems re-
porting today for September showed net
operating income below that of the
same month last year. New York Gen.
trail was notable exception, showing
net operating income of S3.437 ,8O5
compared with S2,183,943 in Septem-
Der, 1881.
Roads reporting today included the
following, with 1881 comparisons:
Evening star., 1932-10-29
Collections Decline.

NEW YORK, October 90 R.-The
Credit Bureau of Greater New York,
Inc, reports that collections on retail
charge accounts declined 208 per cent
in September as compared with the
same month year ago. The decline
in August was 1.41 per cent and in July
353 per cent, as compared with last
year.
Evening star., 1932-10-29
Utility Earnings.

NEW YORK. October 90 (SpeciaD =
Engineers Public Service for the II
months ended September 80 reports
gross Of SAG, ,47999 and net of S2l,-
049,7 ,749. against $50 2,098, ,666, and S22,-
898,8l6, respectively, in the previous
year Balance for the common after all
charges was Sl27 a share, against S2.l2
for the previous II months.
Evening star., 1932-10-29
Grain Market

Special Dispatch to The Star.
CHICAGO, October 29.-Grain prices
turned downward today after show of
firmness at the out-et.
There were reports of an Argentine
house buying wheat futures at Liver
pool and that locusts were spreading in
Northern Argentina but Bueros Aires
quotati-nS were lower.
Opening unchanged to 3s up. Chicago
wheat futures subsequently declined all
around. Corn started unchanged to "a
higher and afterWard receded.
Evening star., 1932-10-29
Markets at a Glance

NEW YORK, October 20 (P).-
Stocks heavy; rails weak on car load
ings Bonds irregular; rails easy. Curb
irregular; utilities sag. Foreign eX-
changes irregular; sterling firm. Cot
ton lower; local and Southern selling
favorable weather. Sugar quiet; trade
buying. Coffee quiet; steady Bra
lillian markets.
Evening star., 1932-10-29
New York Cotton

Special Dispatch to The Star.
NEW YORK, October 29.-Heavy
Saturday headging pressure caused a
loss of another Is points in cotton that
carried December contracts within 4
points of low levels of the week. Sell
ing came from several directions in in
creasing volume toward the close, which
left the list at the bottom, with a loss
of 13 to Is points on the day. Spots
were reduced Is points to $40.
Cotton range:
Evening star., 1932-10-29
Notes Falling Due.

NEW YORK, october 90 (Pl.-Cor-
poration bonds and notes falling due in
November are estimated at S51 ,395.9lO,
compared with S111.794,59 in October
and S52,OS4.OO0 in November 1881.
Evening star., 1932-10-29
CHICAGO STOCK MARKET

CHICAGO, October 20 (P).-Follow-
ing is the complete official list of trans
actions in stocks on the Chicago Stock
E,.nlna tndau.
Evening star., 1932-10-29

Dividend rates in dollars based on last
quarterly or semi-annual payment. sex
dividend. fPartly extra. tPlus 4'o in stock
Payable in cash or stock Payable in
stock. eAdiustment dividend. Plus So
IN stock. Plus 60 in stock. h Plus l'o
in stock. Plus D in stock. Plus l0r
in stock m Plus 81 in stock II Plus 80
IN stock. p Paid last year--no REGULAR rate
Evening star., 1932-10-29
INVESTMENT TRUSTS

NEW YORK. October 30 (P).-Over-
the-counter market.
Quotations as of 10 o'clock
Evening star., 1932-10-29
BALTIMORE STOCKS.

Special Dispatch to The Star.
BALTIMORE, October 90
STOCKS
Evening star., 1932-10-29

1000 Pb ev sbs 6IaS 40 o6
Bond sales today+S2. 600.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-10-17
Editorial
So the People May Know-

erage of mankind comfortable and secure, this
prosperity will rise upward through the ranks"
Those words of Roosevelt. as the advocate of
the second theory, are the words of a liberal. We
only can trust that his deeds, should he become
President, will live up to his words. This nation
has had its fill of that other noble experiment of
prosperity by percolation.
AS liberals, we have supported Roosevelt, in
New York as Governor and as presidential can
ddate, whenever he was on the liberal side We
shall continue that policy during the campaign
and if he enters the White House, it is our hope
that he and his party will merit such support,
increasingly.
Fortunately, for the country, both Roosevelt
and his party have developed in constructive
liberalism recently At the Chicago convention,
the divided and partly reactionary Democratic
party united on the shortest clearest, and most
progressive platform ever pledged by either
major party.
Since then, Roosevelt by actions and words,
has overcome much of the evasive tendency
which marred his earlier record. After initial
delay, he handled the Walker ammany menace
to clean government with courage and wisdom.
He has been fortnight on prohibition repeal
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-10-17

and Volstead modification. His campaign
speeches show that he has an intelligent ap-
proach to such difficult problems as tariff, tax
alton, railroads, public utilities, and power.
His basic philosophy of government, as out
lined at San Francisco, is that of the progressive
committed to more equitable and efficient dis
trlbution of wealth, thereby to provide a mass
market for mass production.
There remain many important issues on
which Roosevelt is not committed or not clear
the bonus, civil liberties, debts, disarmament,
foreign policy, and others.
There remains also the mediocre character of
most of the Democratic leaders in congress,
which is the chief handicap to successful Dem
ocratic administration.
Therefore, we, as an independent newspaper,
are in the same position today as that of the
Independent citizen. We have no desire to be-
come mere bandwagon riders. We have no desire
to go partisan and join in a political ballyhoo.
We,can do better than that We can and will
continue to challenge Roosevelt and his party if
they fail to live up to their pledges of liberal
leadership, but we will continue to fight for
them when they are fighting for the political
philosophy in which we believe, and to which
they have committed themselves.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-10-17

steady breathing indicated she
was living. Physicians fed her
liquids through tubes.
AS Miss Mcguire showed re-
markable resistance, they began to
have hope of saving her life and
ultimately breaking the coma.
Within the last few days have
come signs of reviving life. All
summer the treatment has been
intensified.
The sleeping patient had been
fed every two hours. She was
given long sun baths during the
warm weather. Her position was
changed frequently.
Now for the first time the girl
is able to turn over in bed. With
effort she is able to raise herself
to sitting position.
When her mother, who has
watched at the bedside during the
long weeks of apparently endless
slumber, talks to her daughter, the
girl makes an effort, unsuccessful
as yet, to reply.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-10-17

Supplanted by machines.
"A distressing feature of the
present situation" Green added,
lis that no new industry is in sight
now to do for The working man what
the automobile and radio industries
did after the postwar defiation of
ten years ago."
He said the federation proposed
the five-day week and the six-hour
day as the first step toward remedy
ing present conditions.
"As we see it," he said 'the
solution of the problem of mech
anistic displacement lies wholly
and absolutely in the adjustment
of working time by industrial man.
agement, and the payment of high
wages. In general there should be
no reduction in the workers in
come. His standard of living could
not withstand a reduction"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-10-17

w E feel that the nation will be served better
W if the Hoover administration is not re-
turned-that it has been and is an administra-
ton of failure
Despite the effectively critical and eng
tightening campaign of Norman Thomas, the So
cialist candidate, who promises to poll an ex-
traordinary vote the defeat of Hoover must
mean the election of Roosevelt.
Whether a Roosevelt administration can
meet the challenge of the national crisis we do
not know We merely know that he and his
party offer fresh start and, we believe, better
chance.
Since Roosevelt has yet to prove himself
great leader, since the men in his party with
whom he must work in congress have yet to
demonstrate outstanding leadership, we can
not underwrite Roosevelt administration in
advance.
But we can say that Roosevelts expressions
of political philosophy are expressions of the
philosophy in which we believe We quote him:
There are two theories of prosperity and
of well-being; first, the theory that if we make
the rich richer, somehow they will let a part of
their prosperity tricke through to the rest of us.
Second the theory that if we make the av-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-10-17
STAIN PUSHES
FIGHT ON FOES
Campaign Reaches to High
Leaders in Soviet.

By United Press
MOSCOW, Oct. 1.-THE Soviet
campaign to remove leaders, who
oppose Josef Stain, was understood
today to have reached Nicholas
Bukharin, former secretary of the
Communist International, who was
reported placed under guard.
1t was understood that exile to
distant province was the best that
could be hoped for by Gregory
Zinoviev, former head of the Com
munist international, and twenty
one other prominent members ex-
PEELED from the party last week.
Bukharin's detention was not
confirmed officially, but whispering
galleries, working overtime, placed
him high on the list of those out
/ of official favor.
Bukharin was removed from the
central committee and the polit-
bureau in 1880, but later was re-
elected to the committee.
He was the recognized leader
of the right wing opposition.
1t appeared that Bukharin had
been suspected of contracting in
surgents whose program in many
respects resembled the right oppo-
sition of 1929, headed by Bukharin,
ex-premier Alexei Rykov, and
Michael Tomsky, ex-head of the
Soviet trade union council.
Suspicion naturally fell on the
reformed followers of Leon
Trotsky and members of the oppo-
sition whose conversion" to Stain
ism was believed little more than
skin deep. Many reformed" lead
ers have been ousted from the party
or denoted.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-10-17
MANN, Herring TRIAL
Is SET FOR NOV. ID

Eagle Chieftains to Force Federal
Count on Lottery Charges.
By United Press
NEW YORK, Oct. 17-Conrad H.
Mann, prominent Kansas City bust
ness man and director general of
the Fraternal Order of Eagles, will
go on trial Nov. IA on charges of
violating the federal lottery laws.
Judge Francis G. Caffey set the
date today after arguments on a
demurrer against the indictments
were postponed to later in the week.
Also to be tried with Mann will
be Frank E. Herring, South Bend,
Ind, editor of the Eagles magazine !;
Bernard C. MCGUIRE, alleged pro-
moter, and his aid, Raymond Walsh.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-10-17
U. S. PRIEST SLAIN
BY CHINESE OUTLAWS
Bandits Ignore American Flag. At
tack Train; japanese Issue Warming

Bandits Ignore American Flag. At
tack Train; Japanese Issue Warming
By United Press
MUKDEN, Manchuria. Oct. IT
japanese troops redoubled their
campaign against Chinese outlaws
in Manchuria today after a new
outbreak of fighting in which an
American priest was slain and a
train load of Russian refugees suf-
fered heavy casualties.
The American priest, said to be
either the Rev. John Conner or the
Rev. Lloyd Putnam Henderson. was
k1llsd when score of bandits ig-
nored an American flag and at
tackled travellers east of Mukden.
The Russian refugee train was at
tackled en- route to Hardin.
Japanese military Headquarters
widened its offensive against outlaw
bands and sent an ultimatum to
Chinese forces in northwestern
Manchuria, ordering them to aban-
don their rebellion against the new
Manchukuo government on threat
Of drastic action.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-10-17
RESCIND insult
PASSPORT ED|CT
U. S. Drops Fight to Seize
Papers in Greece.

By United Press
ATHENS, Oct. 1.-THE state de-
partment instructed the American
legation today to stop action in
tended to bring about return of
Samuel Insults passport, the lega-
ton secretary told the United Press.
Edwin Pitt, American consul
general, asked insult last week to
surrender his passport. The former
utilities head refused. It was said
at the legation that insult is ex-
pected to stay in Greece as long as
he can.
insult called reports that he was
going to Turkey, "bunkum and
rubbish"
insult was watched by Athens
plain clothes officers and followed
by four plain clothesmen even when
he crossed the street from the
Petit Palais motel to walk in the
national garden.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-10-17
100 u. S. ECONOMISTS
LASH AT TARIFF ACT

Send Petition to Hoover, Urging
Revision of Smoot- HawIey Bill.
BIZ United Press
WASHINGTON, Oct. IA group
of 100 economists, holding that
their prediction of two years ago as
to the Smoot-Hawley tariff had
been borne out by the slump in for
eign trade, have petitioned Presi-
dent Hoover to bring about its re-
vision.
The economists, representing
sixty three colleges and universities,
we're among those who had asked
the President to veto the Smoot-
Hawley bill on grounds it would re-
suit in retaliatory rates by other
countries and would have a disas-
trous effect on foreign trade.
The new petition reached the
White House few hours after the
President had returned from Cleve-
land. where he had defended Re-
publican protective tariff policies in
his campaign speech.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-10-17
MEXICO POLICE STAY 2,
HOLD 3 IN RELIGIOUS PLOT

number Of priests in the state to
thirty. Several hundred normally
officiate in the state.
The two mer killed were identi-
fed as Juan Rincon Fregoso, a
general in the army of the ia
natic "Cristeros" during the bloody
religious warfare in the state in
1929, and Ascencion Gaspar, a
captain" of the same organization.
Guadalajara is the seat of Arch
bishop Orosco Y Jiminez, now hv-
ing in exile in Los Angeles.
The fighting here conceded with
circulation of a pastoral letter from
Archbishop of Mexico Diaz warning
Catholics TO refrain from violence
and threatening punishment for
those who disobey.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-10-17
SAILORS HELD FOR QUIZ
IN $4,000 MAIL THEFT
Deny knowledge of Postofficc Rob.
berry at Terre Haute.

Deny knowledge of Postofficc Rob-
berry at Terre Haute.
By United Press
TERRE HAUTE, Ind, Oct. IT.
Leonard Benning, %, Terre Haute,
and William Short, %, Linesville.
Ala, sailors on the U. S. S. Clax-
ton, were held for investigation to-
day in connection with $4,000 Terre
Haute postoffice robbery Sept. II.
They we're arrested as they drove
across the Wabash river bridge in a
car which Harold Fasig. former
clerk in the postoffice, had said he
gave them.
FaSig and Kenneth Coker were
ARRESTED in Los Angeles on charges
OF participating in the robbery
Both Short and Benning denied
knowing Fasig,. and told authorities
they had purchased the automobile
in San Diego. Cal, from man
whose name they could not rememi
Der. They also denied any con-
nection with the robbery.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-10-17
TEN CENTS AN HOUR
PAY STIRS JUDGES IRE

Flags System as "DisgracefuI; )"
Frees Laborer in Support Case.
Playing as "disgraceful" an in
dustrial system which permits pay
ing of 10 cents an hour wage to
workmen, Juvenile Judge John F.
Geckler today suspended a 81 fine
and thirty-day jail sentence against
a laborer accused of failing to sup
port divorced wife and a child.
The laborer, Delmus Hill, 112O
Central avenue. who said he works
for a garage in the HOO block,
North Illinois street, testified he
earns only Sc a week, working ten
hours daily and that he is unable
to pay 81 a week as ordered by the
court.
1T is impossible for a man to
support a wife and child on such
wage" Geckler declared.