davidaulloa/AmericanStories huggingface dataset:
The Chapel Hill weekly., 1933-03-03

C2clSI.
Nature, for unnumbered
years, has held a spring dogwood
festival in the woods about
Chapel Hill, and for us to at
tempt to vie with it would be in
the nature of an anticlimax and
a futile flourish.
Many of us hope that the Dog
wood Festival, if it must be, will
be minus dogwoods. for should
it result in the thoughtless mutt
lation and possible destruction
of the dogwood trees in our
woods, it might easily merit the
title of the "Dogwood Orgy" and
be something in the nature Of a
tragedy, not only to the dog
woods, but also to those of us to
whose happiness and spiritual
fortitude the dogwoods minister.
Charles S. Mangum.
When DR.. Mangum letter
was shown to Phillips Russell,
one of the projectors of the Dog
wood Festival, Mr.. Russell said ::
Il am in complete agreement
with DR.. Mangum's protest
The Chapel Hill weekly., 1933-03-03
lLlusioN:

Illusion:
The Oriental girl reclines on a sheet of plate
glass supported by two slaves. The magician
waves a white sheet in front of the pretty
maiden i. pronounces a few magic words -.
Prestol She has disatp<ared in thin air.
EXPLANATION:
disappearing" acts are among the most popu-
lar in the repertory of the magician. Dog,,
horses, girls whole rooms disappear-whisked
into wings, dropped through trapdoors, hidden
by mirrors. But this "disappearaDce" is bit
different. One of the "slaves" is hoIioxu dummy.
When the magician holds up the sheet the 1.-the
little lady disappears completely--into the con-
venient figure Of the dummy.
The Chapel Hill weekly., 1933-03-03
IRIS Ezzy 10 BIZ Z10zzD
IRIS MORE ZZzV TO KV0W

There is also a trick of cigarette adver-
tising, whereby few magic words arc
used to create the illusion of Goodness"
EXPLANATION: Goodness is determined
by the speed of burning. Fresh cigarettes,
retaining their full moisture, burn more
slowly. smoke cooler. Parched, dry cisa-
rettes burn fast. They taste hot. This makes
the method of wrapping very important.
Evening star., 1933-06-02
PETROLEUM TRADE
IN BETTER TREND
Production Has Been De.
creased as Good Market
ing Season Approaches.

TULSA, Okla, June 2.-Several fac
tors, centering partly around Govern
mental activities have served to bring
better undertone to the midcontinent
crude and refined petroleum situation
Seasonal gains in marketing, due to
arrival of the vacation and open Sum-
mer season, have been slow making an
appearance, but are expected.
Added to this has been much talk Of
an expected increase in crude oil prices
In the midcontinent. Many executives
have expressed the opinion a 25-cent
increase, to so cents, may arrive by
June is.
There has been a slight tightening
Of production in East Texas, trade jour-
nal reports showing output fell below
the million barrel mark last week for
the first time since the latter part OF
April.
The impending action in Washington
involving both control Of the industry
and the levying of an increased gaso-
line tax, is expected by marketers To
have an appreciable effect shortly.
While little activity was noted In
marketing circles this week due to the
holiday, one ref1ner said he expected
conditions to get hot about the 1st'
and that rise in prices of an eighth tc
quarter of cent was not unlikely.
These has been q slight increase In
exporting, also.
The chief reason for the forecasts OF
better jobber buying of gasoline was
given as expectation Congress will boost
the gasoline tax from to 1h cents q
gallon.
When Congress passed the 1-cent tax
law a year ago there was an immediate
scramble by jobbers TO stock their stor-
age limit and evade the tax, and this
resulted In an actual scarcity OF supply
for brief period.
Evening star., 1933-06-02
GOLD STILL REMAINS
STANDARD OF VALUE
Dollar Now Brings So Cents in the
Free Metal Market
at London.

BY the Associated Press.
Despite abandonment Of the gold
standard by this country, the American
dollar still has very real relation
ship to gold, and one which queries re-
ceived by the fiscal agencies Of the
Government indicate is unclear TO
many.
The presence of a Is per cent decline
in the dollar during the last two months
is overlooked by many people who ap-
parently do not realize that market
quotations are in terms of dollars which
have lost their equality with gold
through suspension of the gold stand
ard.
Explaining, Government economists
point out that regardless of the suspen-
sion of the gold standard here and else
where, gold Is still the international
standard Of value, and Is universally
regarded as the ultimate medium OF
measuring wealth.
The relationship between q depre-
ciated dollar and rising commodity
prices, they say, lies in the fact that,
following suspension of the gold stand
ard, the value of the dollar is calcu-
lated on the basis of the price of gold
in the free gold market in London, con-
verted into dollars. using sterling ex-
change as the base.
Thus, with a dollar bringing S5 cents
in gold at London (Which has been
approximately the prevailing rate), shg
gold price level was 85 per cent oil
actual prices In this country.
Conversely, it was said the dollar
prices in this country were slightly more
than II per cent above gold prices,
using an 85-cent dollar as the base.
Evening star., 1933-06-02
RAIL BONDS LEAD
IN MARKET UPTURN
U. S. Government Issues Also
Higher-Gains Spread
Through All Groups.
BY JOHN A. cRoNE.
RneciaI nispatch to The Star.

Special Dispatch to The Star.
NEW YORK, June 2. Railroad
bonds, especially second-grade issues.
were bid up briskly today. The better
earning and car loading reports, along
with easier money, encouraged specu-
lative purchases of such bonds by both
dealers and individual traders,
United States Governments were al
most uniformly higher in the first sew
eral hours but foreign government
loans. If the German descriptions be
excepted, were little changed ana only
moderately active.
The announcement that, receivers of
the Wabash Railway had been ordered
to pay May interest on its first mort
gages and April interest on its Omaha
division securities. along with May l
payments on the Columbia & ST. Louis
issues, stimulated speculation in the
second-grade carriers.
The report that the Western Mary
land in May had earned fixed charges
and the prospect that car loadipgs Sat-
lErday would show a sizeable increase
also stimulated speculative enthusiasm.
In some cases there were orders for
$3.50 900 to $300,000 of the more specu-
lative issues Of railways.
Erie SIS of 1875 and 1867 were the
first of the cond-grade rails to reach
new highs for the year. Southern Rail-
way IS, with a gain of points, how
ever, quickly pierced their previous peak.
Allegheny Corporation SIS and Peoria &
Eastern income As likewise attained
new maximum levels. The Wabash first
SIS of 1899 opened up 212 points on the
interest payment announcement.
Meanwhile some Of the better-grade
rails also moved higher, their f1uctua-
&iOY1s heif1Q due To the eaStQeSS of
money. Union Pacific first As reached
new heights for the year. Kansas City
Southern SIS Of 1850 were UP more than
a point. New York Central Is OF 1898
were UP more than 2 points and at q
new high.
In the industrial division the copper
and rubber securities enjoyed wide
moves. Chile Copper 6S duplicated
their previous best price as the red
metal firmed. Goodrich Tire & Rubber
first 6i5s and the convertible IS led
the rubber group.
In the utilities, American & Foreign
Power and International Telephone de-
bentuTes were singled out. Meanwhile,
American Telephone debentures and
similar high-grade issues were permitted
to drift, as savings banks and other in
stitutions offered some OF these descrip-
tions.
Threats to tax income on Govern
lnent bonds had no especial effect in
the street, where it is realized that
such legislation can hardly be put
through during this session. It is felt,
quite generally, that many new Gov
ernment and municipal issues In the
future may not be tax exempt, since
large sums of revenue have been lost
through this provision.
Evening star., 1933-06-02
Baltimore Market
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE, Md, June 2-White
potatoes, per 100 pounds, 80ae2k; new,
bushel, 100; sweet potatoes, per
bushel, 50a1.10; yams, barrel, 1.75a2. 90;
beans, bushel, 1.00a1.75; asparagus,
dozen punches, a1.50; beets, per crate,
75a1.00; cabbage, hamper. 50a75; car
rots. bushel, 40a50; caulifiower, crate,
zoo; celery, crate, 2.75a3.75; cucum-
bers, bushel, 2.00a3.00; eggplants, crate,
100a2.25; kale, bushel, 15a25; lettuce,
bushel, 15a35; onions, per 5o-pound
sack, 1.40a1.50; lima beans, bushel,
2.25a3.25; spinach. bushel, 25a45; peas,
50a1.50; peppers. bushel, 50a1. 90; to-
matoes. lug, 50a2.25; radishes, per 100.
5oa2.00; squash, bushel, 1.75a2.25;
apples, bushel, 35a1.50; Strawberries,
crate, 1.25a2.25; grapefruit, box, LISA
melons, each, 32a45; blackberries, quart,
8a11; huckleberries, quart, 12al4.
Dairy Markets.
Live poultry-Ycung chickens, 15a22;
Leghorns, 14a17; old hens, 12a14; Leg
horns, 10a11; old ROSTERS, 6a8; ducks,
ea12; pigeons, pair, 10al5.
Eggs-Receipts. 1895 cases; current
receipts, IL; nearby firsts, 13.
Butter-Good to fancy. creamery,
pound, PLAZA; ladies. 16a17; store
packed, 13a14.
Live Stock Market.
Cattle-Receipts, 100; market steady;
steers, good to choice, 5.75a6.00; me-
dium to good, 225a2.75; fair to me-
diun, 475a5.25; plain to fair, 4.25a4.75;
common to plain, 250a2.75. Cows
Good to choice, 3.50a3.75; medium to
good, 300a3.50; fair to medium, 2.50a
500: plain to fair, 2.00a2.50; common
to plain, 1.50a3.00. Heifers-Good to
choice, 5.00a5 .25; medium to good, 4.50a
to fair, 3.25a3.75; common to plain
275a3.25; fresh COWS and springers
80. .O0a60. 90.
Sheep and lambs-Receipts, 500;
steady; sheep, 250a3. 90; Spring lambs
good to choice, 775a8.25; common tc
medium, 5.5oa700
Hogs-Receipts, 1000; steady; lights
4.S5a5.20; medium to good, 4.95a5 SO;
heavies, 4.80a5 AS roughs, 2.80a4.40;
light pigs. 3.65a4.15; pigs, 4.35a4.a0;
Western hogs, 10a20 higher.
Calves-Receipts, rs; steady; good tc
choice, 4.50a500; common to medium
3.35a4<50.
Hay and Grain.
wheat-No. 2 red Winter, garlicky
spot, domestic, 81; June, "a.
Corn-No yellow, domestic, spot
59a60; cob corn, 2.75a30 90 per barrel
OatS-No. white, 36a39; No. 3, 35a
36 Rye, nearby, 65a70.
Hay-Receipts. none. While the
market continued generally quiet, fair
demand prevails for good timothy, Of
which there is no surplus on the mar
ket. Prices range from 11.00 to 1900
per ton, as to grade and kind, with
market irregular on anything below
No 3 timothy. Poorer grades OF hay
hard to move at any price.
Evening star., 1933-06-02
CHICAGO LIVE STOCK MARKET

CHICAGO, June 2 Up Omitted
States Department Of Agricultural -
Hogs, 1900, including 1000 direct;
active, 1Oa20 higher than yesterday;
packing sows 5a10 up; bulk 190-320
pounds, 4.90a5.00; top, 500 freely; 140-
180 pounds, 4.25a4.90; good pigs around
400; packing sows, 4.30a4.50; light
light, good and choice, 140-160 pounds,
4.25-4.8o: light weight, 100000 pounds,
pounds, 4.s0a5.Oo; heavy weight, ESQ
$50 pounds, 485a5.o0; packing sows,
medium and good, 275-550 pounds, 4.1oa
4.65; pigs, good and choice, 100-l30
pounds, 3.75a4.25.
Cattle, 1000; calves, 300: general
steer and yearling market, slow, steady;
supply small; demand less active, but
most buying interest in trade; best
yearlings, TBS; sprinkling 6.25a6.75;
moderately active trade on yearling
heifers at 5.50a6.10 and on fat cows at
3.85a425; bulls strong and vealers fully
steady at 5.50a6.00 mostly. Slaughter
cattle and vealers: Steers, good and
choice, 550900 pounds, 6.00a7.75; 900
1,1oo pounds. e.ooa7;55; l,loo-1 800
pounds, 6.00a7.75; 1901 500 pounds,
5.75aT so; common and medium, $50
1900 pounds, 425a6.25.
Heifers, good and choice, 550-750
lbs. 5.50a6.50; common and medium
4.00a550. Cows, good, 375a4.50; COM
mon and medium. 3.5oa3.75; low cutter
and cutter, 225a3.50. Bulls (yearlings
excluded, good Cbeef), 3.40a4.00; cut
ter, common and medium, 2.90a3.60
Vealers, good and choice. 5.25a6.25;
medium, 4.75a5.25; Gull and common
2.75a475. Stocker and feeder cattle
Steers, good and choice, 500-1, ,050 lbs.
.00a6 rs; common and medium, 4.00a-
5.25.
Sheep, 5000. Fat lambs strong to IS
higher; other classes mostly steady
Bulk desirable native eve and wether
lambs, 7.50a8.00. Several lots 8.15a8. IS
fed yearlings, 6.35a6.50. California
ewes, 800. Lambs, 30 lbs. down. good
and choice, 725a8.25; common and
medium, 5.50a7.25. Ewes, 90-150 lbs.
good and choice, 1.50a3 90. All weights
common and medium, 1.o0a2.25.
Evening star., 1933-06-02
Business Notes
sy the Associated Press.

BY the Associated Press.
NEW YORK, June May business
among electrical household equipment
manufacturers was reported to be 10
to Is per cent ahead of the cor
responding month last year and more
than 20 per cent ahead of the volume
done in April Of this year.
The demand for cotton dresses has
continued exceptionally strong. with re-
orders coming in from most sections
of the country. Orders for washable
silk dresses have gained, but not to
the extent expected at this time.
The price tone of the grocery mar
ket remains firm, despite q current
slump in buying. In the last few
weeks the call for grocery products
was exceptionally heavy in the whole
sale market, due to the belief that the
consumers would hoard food in an
ticipation of higher prices. Consumers
have failed to increase purchases, leav-
ing both jobbers and retailers over
stocked with goods.
Speculative buying and higher ex-
change rates on sterling were response
BILE for sharp advance, averaging
about one-hah cent a yard, in CAL
cutta burlap prices during the past
week.
Evening star., 1933-06-02
Washington Produce
WHOLESALE PRICES.

NAAOA@EzC<1hsha As4SA1Cs
Butter One pound prints (93 score) i,
IS; tub, "a one-pound prints (92
score), "a; tub. %; one-pound prints
col score), %: tub, "a; one-pound
prints (g0 score), q; tub. 81.
Eggs-Hennery, 12a12h; current re-
ceipts, 11a111z; Government graded,
extras, 1sa181a; standards, Is; medium,
l41z.
Poultry, alive-Turkeys, hens, 10;
toms, s.; chickens, Plymouth Rocks,
18a19; Leghorns, 14a16; hens, mixed
colored, 12a13; Leghorns, 10a11; capons,
25a28; roosters, SAT.
Poultry, dreSsed-TtIrkeys hens, Is:
toms, IL; chickens, Plymouth Rocks,
21ae7; Leghorns, 17a1s; hens, mixed
colored, 15a17; Leghorns, 13a14; capons,
2sa31; roosters, Gallo; Long Island
ducks, 15
Meats-Beef, 101S: veal. 10; Spring
lamb, is; Fall lamb, 10; pork loins, IL;
fresh hams, 13; smoked hams, Is; strip
bacon, IS; lard, 814; compound, tx.
Livestock-Hogs. light, 4.40a4.55; me-
dunn, 4.50a5.O0: heavy, 4.25a5. 90; pigs.
325a4.40; roughs, 1.50a3y00; calves,
300a4.Oo; Spring lambs, 4o0a65o.
Fruits Watermelons, 30a60; can
&aloupes, junbos. $50; ponys, 500;
standards, 4.25; strawberries, 1.50a3 90;
huckleberrleS, 4.O0a6.0O; blackberrleS,
400; apples, box stock, 2.00a3. 90; pears,
3.00a3.50;. alligator pears, 2.25a3 90;
oranges, 2.50a35G; lemons, S.00a9.o 90;
lines, fats, 25oa3.00; grapefruit, 25o
a3.25; pineapples, 250a3.00: grapes,
1.5Oa200; rhubarb, dozen punches, 35a
90; honeydews, 3.25: cherries, Il pounds,
$50; pounds, 1.75a2.o0; bananas, rs
a3.0O; peaches, bushel, 1.50.
Vegetables-PotatoeS. 2.75a3.25: old,
New York, 100-pound sacks, 1.10; Maine,
1.20; sweets, 50a6o; string beans, 1.00a
$50; limRs, 3.00a350; tomatoes. lugs,
9.0Oa2. so; peas, 1.50a2.00; squash, 1.50
s a175; cucumbers, 2.00a3.50; corn, LISA
, 400; beets, per 100 punches, 3.00a4.00:
carrots, per 100 punches, 4.00a5 90;
cabbage, so; kale, 40a50; spinach, 75a
1.25 lettuce, Iceberg. 2.75a3 90; aspara-
gus, 1.50a2.00; peppers, 1.75a2.00; cauli-
Aower, 2.25a2.5oi Spring onions, 100
punches, 75a100
Evening star., 1933-06-02

the "petering out" method. The five
models are now displayed in row with
a complete and numbered list Of the
special features on placards alongside.
The prospect is first shown the most
expensive model and its features care
fully pointed out A high price is Inn
mediately established as standard, but
no resistance is aroused by trying to
close a sale at this higher price. Then
the next lower price is shown, but It
is pointed out that the lower price
necessarily takes away certain definite
features and advantages.
This process of taking away adyan-
tages as the price gets lower goes on
until the purchaser arrives by natural
stages at a price and model suitable 70
needs and pocketbook.
(Copyrisht, 1880
Evening star., 1933-06-02
Reichsbank Statement.

BERLIN, June 2 R.-The ReichS-
bank statement as of May 81 shows the
following changes in reichsmarks: Gold
and bullion decreased 10000, reserve
in foreign currencies decreased 1885,
600, bills of exchange and checks in
creased 270,582, 900, silver and other
coins decreased 97,243,00Q notes on
other banks decreased 10,726,0 900, ad-
vances increased 102,176, 900, invest
ments increased $4,000, other assets
increased 46,485 900, notes in circula-
ton increased 223, ,202, 900, other ma
turing obligations increased 81, 7,442, 900,
other liabilities increased IL $4,000.
Total gold holdings, 372, ,329, 900; note
coverage, rs per cent; rate of discount,
4 per cent.
Evening star., 1933-06-02
MEAT PACKERS REPORT
HIGHER PRICES IN MAY

BY the Associated Press.
CHICAGO. June 2--An meats except
fresh pork increased in price during
May, the Institute of American Meat
Packers announced.
Cattle, sheep and hogs also sold at
higher prices than at any time since
the first of the year,
Farm wealth in America has in
creased more than $500, 900 In the
past so days, due to the sensational ad-
vance in live stock prices, Z. A. Cudahy,
chairman Of the board Of the Cudahy
Packing Co, said
Evening star., 1933-06-02
new YORK EGG MARKET

NEW YORK, June 2 (SpeciaD -
Quotations for eggs in the wholesale
cash market today were:
Mixed colors-Special packs, l5a16;
standards. 13% a14H; storage packed,
firsts, 13Aa1315; f1rsts, 1212a13; sec
onds, IL; medium, 111aa13; dirties, liz
a12. Whites-Nearby selected, 1920 u |;
western receipts, specials, 17a18h; /;
standards, Is. Brown-Nearby and
Western special packs, 16a1S; standards,
142a14%.
Evening star., 1933-06-02
unfayorable Dividend Changes.

NEW YORK, June 2 R.-There
were fewer unfavorable dividend
changes in May than in any month in
the past three years, with two excep-
tions, Standard Statistics Co. reported
The total was 80, compared with 257
unfavorable actions in April and 235 in
May. 1882. Favorable revisions during
the month totaled A. against Is in the
previous month and 80 in May, 1882.
Evening star., 1933-06-02
Clearings at Baltimore Drop.

BALTIMORE, June 2 Especially -
Baltimore bank clearings for May con-
tinued sharply below the level for the
like month last year, totaling $i52,-
575,036, as compared with $232 2,1s3. .4o6,
according to the statement Just issued
by the local clearing house.
Check transactions, or debts to in
dividual accounts, also were sharply
below the 1882 period. For the four
weeks ended May Is the transactions
totaled $191, TAI, ,439, as compared with
of last year.
Evening star., 1933-06-02
CHICAGO DAIRY MARKET,

CHICAGO, June 2 .-Butter-1s,-
487 tubs, unsettled; creamery specials
t93 score), 2112a22; extras (92 score),
R1; extra firsts (90-91 score), 201aa20A (;
Arsts (s8-89 score), 19za2o; seconds
fS6-87 score), 1Sa19; standards go
centralized carlots), 21A. Eggs-3o,-
324 cases, unsettled; extra firsts 11&;
fresh graded frstS, 111a; current re-
eeipts, 10; storage packed frsts, IL;
storage packed extras, 12H.
Evening star., 1933-06-02
Shipping Contracts.

BY The Assoclated Press.
American shipyards on May l were
building or had under contract to build
for private owners 81 vessels, aggregat-
ing 1886 gross tons.
In making the announcement, the
Commerce Department said the total
compared with 40 vessels of 1926 gross
tonnage on the same date Of last year.
Included In the total was but one
ship In the 1,000-ton class, all others
being Of lower tonnage.
Evening star., 1933-06-02

are partly subject
to the msnufac-
turer's control OF
prices and selling
methods.
It had always
been the practice
Of the business to
start a sale by in
teresting q custo-
mer in the $50 ma
chine and then
e n d e a vor ing to
trade up" to O
high priced model,
Better results are
being secured by a
complete reversal
of this plan OF
selling. known as
Evening star., 1933-06-02
5000 Granted PAY Increase.

CINCINNATI, June P).-More
than $4,000 bituminous coal miners in
four States of the Appalachian region
were given wage boosts of 10 to ID per
cent, recommended by Appalachian
Goals, Inc, huge marketing agency.
Evening star., 1933-06-02
U. 8. TREASURY BALANCE.
Is. .,.a A....,a..a rr...

BY the Associated Press
Treasury receipts for May 81 were
$138, I'll ,338.52: expenditures Sln6, ,10l,-
699.2l: balance, $364, ,431 ,2i0.87. Gus
toms duties for May. $20.515.2l4.sA.
Evening star., 1933-06-02
New Bond offerings.

NEW YORK, June 2 CAD.-New bond
offerings In the New York market this
week totaled s5,140,000, against $10,-
177,000 last week, and $31, SOC, 900 q
wear ago
Evening star., 1933-06-02
Dollar Makers
BY GEORGE T. EAGER.

A manufacturer of an electrical ap-
pliance has for years been manu-
featuring five models that range in price
from $50 to $3.50. These are scld In
selected sforeg thar
Evening star., 1933-06-02
Washington Stock Exchange

SALES.
Washington Rwy. & Elec. pfd.-10 at
66I5.
Mergenthaler Linotype-l0 at %, 10 at
%, 10 at 20. 10 at %, 10 at %, 10
at %.
AFTER CALL.
Washington Gas IS 1960-$1 900 at 102,
$4,000 at 102.
potomac Electric 5laqo pfd.--lo at 106,
10 at 106, / at 1864.
Bid and Asked Prices.
Evening star., 1933-06-02
U. s. TREASURY CERTIFICATES
EePorted BY chas- .. Barney q Co,
(Reported BY chas. D. Barney &

London's newest office building con-
tains 1,486 windows. TOO wooden and
365 steel doors, and more than 20
miles Of hot and cold water pipes.