davidaulloa/AmericanStories huggingface dataset:
Evening star., 1933-01-19
CORPORATION
REPORTS
TRENDS AND PROSPECTS, OF
LEADING ORGANIZATIONS.

NEW YORK, January 19.-Following
is today's summary of corporation news
prepared by Standard Statistics Co.,
Inc, New York, for the Associated
Press.
Building, Real Estate and Related Lines.
Canada Cement Co.. Ltd.-President
states no preferred dividend resumption
is planned for current year
United States Realty & Improvement
1892 deficit before subsidiary pre-
ferred dividends was $989,l92 VS.. net
income, s90l,l04.
Investment Trusts.
Oil Stocks Ltd-Liquidating value of
new SIS par value stock as of December
81, 1882, was about s5.62 a share VS..
S455 share on December 81, 1881.
Miscellaneous.
Union Stock Yards Co. of Omaha,
Ltd.-l932 common share earnings
S5.21 VS.. S6.88.
Gulf Oil Corporation increased its
discount to commercial users Of gasoline
from / to cents a gallon.
Shell Union Oil Corporation reduced
tank wagon and service station gasoline
price / cent a gallon in all North Cen
trail States where prices were not al
ready subnormal.
Standard Oil Co. 1ndiana) .-Subsi-
diary, Stanolind Crude Oil Purchasing
Co., reduced crude oil prices in Mid
Continent 25 cents a barrel, making top
price So cents for highest grade gravity:
reduced tank wagon and service station
InvH in, oil
parts of North Central States where
prices were not now already subnormal.
Standard Oil Co. New Jersey In
creased discount to commercial users of
gasoline from / to 2 cents gallon.
Railroad and Railroad Equipment.
Ann Arbor Railroad deficit. II
months ended November 80, $3.50, ,699
VS.. deficit 1928 800.
Gulf, Mobile g. Northern Railroad
deficit, IL months ended November 80,
s474041 vs. deficit S227.129.
Louisville & Nashville Railroad def
cit. II months ended November 80, ST.
998857 vs. net income 1882 1922.
Southern Pacific Co. deficit, II
months ended November 80, s4.562 ,939
VS.. net income s8.362,845.
Retail Trade.
Lerner Stores Corporation December
sales off 1874 per cent; IL months of
15.7 per cent.
Steel and Iron.
Hanna IN. A. Co. directors meet
ing for dividend action has been post
poned until March /.
United States Steel Corporation re-
ported management is considering an
other wage cut.
Textiles.
American Woolen Co. started current
year with orders on hand greater than
at same time year ago. 1t was said
that sales in last quarter of 1882 were
ahead of similar 1891 months although
no profit could be made
Naumkeag Steam Cotton Co. deficit,
year ended November 80, $164,618 VS..
deficit $50,734.
Evening star., 1933-01-19
STOCKS SHOW GAIN
| IN SMALL MARKET
Advances Are Mostly Frac-
tionaI, but List Displays
Firm Tone.
BY GEORGE T. HUGHES.

NEW YORK, January 19.-Stocks
steadied in today's market and closed
shade higher. although there were q
few exceptions.
There was no increase in volume, and
no evidence of outside participation.
For the most part the better showing
was due to the covering in of contracts
for the decline
The market was helped by a state
ment from the head of the Railroad
Credit Corporation to the effect that no
railway receiverships were impending.
A strong market for wheat helped
stocks. The grains were up nearly a
cent bushel in Chicago. Cotton was
also higher.
The regular dividends were declared
on International Harvester preferred
and on United Biscuit common. The
only movement of importance in the
foreign exchanges was the approach to
parity OF sterling and the South African
pound.
The feature of the first half of the
session was the steadiness of the gen.
eral list. Yesterdays reaction brought
IN almost no overnight selling orders.
1t was another testimony to the sold
out position that the market held so
well after the last-hour weakness Of
the day before. Stocks are in strong
hands, both from the investment and
the speculative standpoint. and it takes
more than disappointing action in
one session to bring out offerings on
any large scale in the next.
Stocks which had been under pres
sure yesterday steadied today, although
as rule they did not recover all the
losses. That was true of the mer-
chandising shares. Woolworth and
Macy, and of the food stocks. par
the other hand, American Telephone,
Allied Chemical, American Can, Atchi-
son, and Pacific Lighting rallied a
point or more. Liggett g. Myers B was
strong in tardy response to the express
sion OF confidence on the part of the
directors in declaring an extra dividexd.
Traders were inclined to favor the to-
baccos today over any other group.
whereas only a little while ago they
were the most recommended short
sales.
The market was not Influenced much
by the news. General Electric ANNOUNCE
ed that its orders for 1892 showed a
decline of SO per cent from 1881, but
the stock was fractionally higher. Nc
Intyre Mining gained slightly on its
report showing S220 a share for the
first nine months of its fiscal year.
against 81 SO share in the same period
year ago, but there was no activity
in the stock.
Evening star., 1933-01-19
FREIGHT TRAFFIC GAINS.

NEW YORK, January 10 (P)-Six-
teen leading railroads reported a COM
bined freight traffic increase of 49,983
cars last week, gain of nearly Is per
cent, over the previous week. The gain
was considered proDo-t.onatcly larger
than the normal post-holiday rise.
Evening star., 1933-01-19
B. & O. BONDS DEPOSITED.

NEW YORK, January 19 NJ.-GeOrge
NJ. Shriver, senior vice president Of the
Baltimore & Ohio Railroad, says that
about 80 per cent of the $63, $50 900
issue of AZ per cent convertible bonds
has been deposited under the plan for
meeting the March maturity. The
offer Is one-half cash and one-half in
refunding and general mortgage S per
cent bonds. The road is not yet pre-
pared to declare the plan operative be-
cause the Reconstruction Finance Cor
poration has ruled that substantially
all' holders of the bonds must assent
before the Government agency will ad-
vance the needed cash.
Evening star., 1933-01-19
ANNUAL REPORT OF THE SECURITY
STORAGE COMPANY
CAB. Indiana Ave. NV.

ANNUAL REPORT OF THE SECURITY
STORAGE COMPANY
We. the undersigned, the president and
majority of the board of trustees of the
Security Storage Company of Washington:
D. c., do hereby certify that the capital
stock of the said corporation is OO,OO0OO.
$500. 10000 of which has been actually
paid in. and that there are no existing debts.
C. A. ASPINWALL. President,
CORCORAN THOM. Director.
CLARENCE F. NORMENT, Director,
w. j. FLATHER. Director,
w S. CORBY, Director
], C. P. RAVENBURG. secretary of the
Security Storage Company of the District
of Columbia. do hereby swear that the facts
stated in the above certificates are true to
the best Of my knowledge and belief:
Subscribed and sworn to before me, a
Notary Public in and for the District of
Columbia. this 18th day of January. AID.
1893 PAUL ALVEY,
(Sealb Notary Public. D. C..
Evening star., 1933-01-19

first appointment
as manager OF the
associat ion W as
back in 1915, SO
that he has now
been on the job 18
years.
Robert v. Flem-
ing, president of
the Riggs National
Bank. and George
L. Starkey, presi-
dent of the Ma
tiCnal B a n k. O f
Washington, were
elected to We
two years on the
Executive Commit
tee. C. F. Jacob
sen. cashier Ma
Evening star., 1933-01-19
NEW YORK EGG MARKET.

NEW YORK, January 10 P-Eggs,
81 ,090: steadier. Mixed colors, stand
ards and commercial standards, 22a
22la; rehandled receipts, 21a21h spe-
cial packs or selections from fresh re-
ceipts, 23a231a; mediums, 80 pounds,
201s; dirties, No. /, AZ pounds, 20l4a21; /;
average checks. 19a1912; refrigerator,
as to quality, 19a21.
Evening star., 1933-01-19

nUuSc ASSUCiGtlUll
for more than 10
years, was re-elect-
ed to that irnpor-
tant Office at the
annual m e e t in 6
held late yester-
day.
Victor B. Dey-
ber, president of
the Second Ma
tional Bank, was
again elected Sec
retery. av i n G
already served the
loc al association
in that capacity
for ne arly 10
years.
Charles E. Bright,
Evening star., 1933-01-19
q. S. TREASURY BALANCE.

By the Associated Press.
Treasury receipts for January IT
were s4,301, SASS expenditures, So
368, ,099. 40; balance s398, 1874. .293.59. Gus
toms duties for II days Of January were
Sl0,667, 1887.
Evening star., 1933-01-19
PARIS BOURSE PRICES.

PARIS, January 10 @.-Three per
cent rentes, rs francs 80 centimes; AZ
per cent rentes, $3.50.
Exchange on London, s5.s7. The dol
lar was quoted at 25.62A.
Evening star., 1933-01-19

NOTE-Commencing today this table carries the High
and Low Prices for the year 1885,
NoTETodays individual sales not syen in this edition.
Sales edition yesterdays
Evening star., 1933-01-19
M'KEE REELECTED
BY CLEARING HOUSE
Chairman of Association Has
Held Office More Than
Ten Years.
BY EDWARD c. STONE.

H. H. Mckee, president of the Ma
tional Capital Bank, who has been
chairman of the Washington Clearing
Evening star., 1933-01-19

Russia plans to issue nine special
commemorative stamps this year.
Evening star., 1933-01-19
quotations furnished by w. B. Hipps Coz
Nominal gold Selling checks

Soviet Russia shipped nearly 370
tons of fish roe to other parts of the
world in the first nine months of 1892.
Evening star., 1933-01-19

of the National Metropolitan Bank,
was made manager, with S. E. Moore,
also of the National Metropolitan Bank,
as assistant manager. Mr.. BrightS
Evening star., 1933-01-19
SILVER QUOTATIONS.
FOREIGN EXCHANGE.

NEW YORK, January 19 F-Bar
silver barely steady, slower at ass.
Evening star., 1933-01-19
TRUST COMPANIES
INVESTMENT TRUSTS

NEW YORK, January 10 R.-Over-
he-counter market.
Evening star., 1933-01-19
new YORK BANK STOCKS

NEW YORK, January I9 P.-Over-
the-counter market:
Evening star., 1933-01-19
TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE

NoTEToday. individual sales syen in th. edition
Prev 1887 Stock and Sales Net.
Evening star., 1933-01-19

individual sale. syen In this edition
this edition
PREY. 1888 Stock and Sales Net
Evening star., 1933-01-19

Quotations as of 12 o'clockD
Evening star., 1933-01-19

14N 119s Vanadium Corp. :.
Evening star., 1933-01-19
CHICAGO LIVE STOCK MARKET

(Copyright, 1893.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-10
BY FORREST DAVIS
Times STAFF Writer

lCopyriVht. 1893 b. New York World
Telegram Corporation
THE durable drinkers revolt
l. against Volsteadism, which
in twelve years had sacrificed an
untold number of digestive tracts
to the cause, found political
articulation in 1882.
Moreover, the demand of the
electorate-forty- -four states to four
passing from the timid modi-
f1cation proposals of the early
1920s, now, boldly and explicitly,
declared for repeal of the unreal
istic, stultifying eighteenth amend
ment.
Not beer alone, not light wines,
but repeal and states rights-a
return TO the eclectic system Of To-
cal regulation before Wayne B.
Wheeler and the other genial
dragons Of the Anti-Saloon
League dismayed the war-fuddled
republic with their bone-dry
straitjacket.
Governor "Al" Smiths tenta-
lively humorous nostalgia for
scuttle Of real suds and secure
footing on a brass rail had given
way to the fortnight declaration
of an academic-appearing banker,
turned politician, the late Dwight
w. Morrow, for repeal.
The complete revolution, pre-
figured in 1927, had been accom-
plished by election day, 1882. In
the earlier year, the legal profess
sion, led by voluntary association
of New York lawyers, emphatical-
ly voted in numerous bar associa-
lions blankly for repeal.
The Women's committee for
modification of the Volstead act
was tranSformed-being tired of
halfway measures" - into the
committee for repeal of the eight
zenith amendment.
DY 1880, significant year for the
ID rebels, when Mr.. Morrow cleo
trided the country by his Newark
address, when United States Dis
trict Judge William Clark, also in
Newark, boldly challenged the
amendment as unconstitutional on
new ground, when the Wicker
sham commission disillusionedly
admitted the failure of prohibition
to prohibit, the wet cause first
gained ascendency.
Judge Clark's decision, although
unanimously overruled by the SUI
preme court, dramatically insinu-
ated the idea that the amend
ment could be overthroWn, and
proposed feasible technique,
through state conventions for that
desirable end.
And Senator Morrow, prudent,
scholarly, home-loving, above any
reproaCheS that the talented mire-
singers Of the Anti Saloon League
might hurl, individually made re-
peal respectable
Presently, to the few advanced
spirits among educators, liberal
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-10

Judge William Clark of Newark.
Above, scene from the parade pro-
testing against the prohibition
amendment.
clergy and the more godly pub
licists who had espoused the new
reform, were added a vast cloud of
honorable witnesses.
It became safe for even the
Tennessee loWland preacher to ex-
press a moderate philosophical
doubt as to whether the eight
zenith amendment had been the
fruit of direct revelation from on
high.
Had the doughty rebels in all
classes, as has been said before,
submitted to deprivation of alco-
holic beverages, there would have
been no intellectual, moral or
philosophical revulsion.
And Cverhanging the big parade
into the wet camp since 1880 was
the easily realized economic ar
gument.
Once the vets had go hold of
the moral end of the controversy,
with widespread concern over
gangster rule, general lawlessness
and the morals of hip-flask
younger generation; once emf
nent gentlemen in the learned
professions had pumped for re-
peal and escaped being struck by
a heaven-sent thunderbolt; once
it had been borne IN on virtually
every mans experience that pro-
hibition did not prohibit, the ar
gument addressed to the pocket
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-10
'TH!EEX0TELL ~ A s J
ga~A1 fE77415N7NG UnN

That's why they're angry.
Another representative who feels
that he has been sighted is Fred
Galloway, of indianapolis, who has
been complaining loudly and Wig
orouSly that he has been Ignored
consistently by the patronage COM
mittee, and charges that the new
administration heads have usurped
all the jobs for supporters, leaving
us representatives with nothing but
our votes"
An echo of this is heard in the
senate, where some members are
protesting that they are being asked
to employ persons recommended by
those close to the new administra-
ton chieftains.
The senators declare that it is
unfair for department heads who
have now or will have plenty of pa
tronage to force their friends on
the legislative pay rolls, thus keep
ing their own supporters out of
jobs.
One danger if these patronage
wrangleS continue and grow in in
tenSity is that they may react in
the voting on administration-spon-
Scred bills.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-10
SHEAFFER PRESSES
WAR over PRISONERS
Files Motion for QuaShing
Writ of Prohibition.

Municipal Judge William H,
Sheaffer took the offensive otday
in superior court five in his battle
with Chief Mike Morrissey over au-
thority of releasing police prisoners
against whom warrants have not
been filed
The judge filed a motion to quash
the writ of prohibition filed two
weeks ago by city attorneys repre-
senting MorrisSey. The motion
charged that the superior court had
no authority to hear the case or
issue the writ of prohibition.
Judge Russell j. Ryan postponed
hearing of the case until jan Is.
The battle is an outgrowth of
several months Wrangling and
Morrissey's order that prisoners, not
yet slated by warrants, are in Gus
tody of police and the court has
no authority TO order releases.
The write was obtained by Nor.
rissey when Sheaffer, on Dec 90, at
tempted to release Pat Johnson, Ne
gro, after his arrest on charges of
vagrancy and drunkenness.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-10
FINANCE EVILS
CURE is TRIED
IN CLASS BILL
Proposed Reforms Believed
to Have Approval of
Roosevelt.

Here Is the first Of a number Of stories
aIyzing the Glass bank bill and the
ir portant situation with which it seeks
TO deal
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-10
PATRONAGE Trouble

VXTHEN irascible Andrew jack
w son, one of the venerated an
cestors of the Democratic party,
decided upon his election to the
presidency, that go the victor be-
longs the spoils," he little realized
the difficulties he was making for
still unborn politicians of all par
ties.
Jackson kicked out the incum-
bents to take care of some friends.
Since then patronage" instead of
service" apparently has become the
keynote of political campaigns.
Thus the Democratic leaders of
both houses of the general assembly
can blame Andy jackson for the
storm now beating about them.
The only patronage which a rep
resentative or senator has to dole
out to the faithful is that CT
stenographer, page, or assistant
doorkeeper.
To pass the work around, terms Of
employment have been curtailed to
two weeks for each person, but this
does not Offset the reduction in the
number of employees for both houses.
If some county is favored with
an important post, such as chief
clerk Or chief doorkeeper, an APP
pointment which is for the duration
of the session, then it has been
customary for that county to receive
no additional patronage.
Which explains why the five Lake
country representatives are irate.
Matt Leach, of Gary, was elected
chief doorkeepor of the house at
the organization meeting last week.
None of the Lake county repre-
sentatives apparently knew much
about it, for Leach, one of the
original McNutt boosters, was the
administration choice and was
placed in nomination by someone
from another county.
So when the Lake county repre-
sentatives made application for ap-
po:ntments for friends Cor rela-
tives), they politely but firmly were
told that they had been accorded
enough patronage.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-10

book found ready Judgment in the
business mind.
Few will doubt that the de-
preston gave the coup d'grace to
Volsteadism. How ready to hand
were proposals that the empty
national eXchequer be filled by a.
tax on beer; how moving the sug-
geStion that millions pouring into
the pockets and vaults of low
proved racketeers be diverted to
the government.
The middling business man who
in 1916 swallowed the benign guar
antees of Messrs. Wheeler, Can
non ct al. that prohibition would
enrich legitimate business" and
reduce crime and taxes in 1892 &C
copied as guilslessly the promises
of the vets that legalized beer
would help toward recovery and
reduce crime and taxes.
Il
a ND so, in November, 1882, the
L "A people, given their first
chance at a clear cut national
referendum on prohibition-the
1928 election was too confused to
provide any index as to the true
state, although it is extremely
doubtful that the country was as
Enthusiastically wet four years ago
as now-voted overwhelmingly for
a wet President and congress on a
badly wet platform.
Will that expression of the peo-
pies will put an end to the dreary
business? Few doubted that it
would on the day after election,
but already, only two months
away, miSgivings are arising.
The drys are willy at politics.
There are wheels within wheels in
the wet allowance, cohesive enough
before victory but already showing
the stress of divided interests.
Politicians, we are told, have an
instinct for compromise; Wash
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-10
-I-

row.
ington is a trading post for
pledges, principles and favors.
The brewers would be satisfied,
no doubt, with modification giving
4 per cent beer, to be sold I'M
restrictedly. The American Fed
Grafton of Labor has lobbied
almost exclusively for beer, in
dicating slight interest in return
ing wine to the tables of the dis
eliminating.
The political rebellion is not
ended until the thirty sixth state
has approved outright repeal of
the amendment.
The solid drinking revolt is not
ended either, and whatever hap
pens at Washington and state
capitals, no realistic observer be-
lieVes that it will end until the
statutes conform with the popular
wish.
THE necessity, it would seem as
Il we end this review of a pic
turesque but rather depressing
period, is for as sweeping a polit-
ical reversal as the one which
brough about VolSteadism.
Anything short of that, any
compromise, will, if we may judge
from the past, effect no apprecia-
BILE reform.
Having demonstrated their abil-
ity to nullify the eighteenth
amendment, the drinking classes
no longer are to be satisfied with
mere modification. Beer and light
wines won't suppress racketeering
and compromise which prohibits
drinking in public places, either
the speakeaSy saloon as we now
have it or the beer garden, or con-
tinental cafe, or even only in res
taurantS, will not prevent urban
jewellers from drinking in public,
semi private, or hidden places.
In New York and many other
cities the saloon vanished only
briefly, if at all. 1t would be a
misguided reformer who believed
that New Workers would be willing
to exchange a relaxation of laws
not now observed for the loss of
his favored "speaky."
The popular demand for out
right repeal is not yet won at
washington and in the states; but
the logged lads who have borne
the battle in the heat of the day,
IN season and out, jeopardizing
heaIth and purse on contraband
beverages, may be expected to sus-
tain the cause, no matter how it
goes with the politicians.
Twelve years surely have proved
abundantly that the American
people propose to drink with Con-
stitutional sanction, or without it
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-10
$4,000 DAMAGES ARE
SOUGHT FOR ACCIDENT
Woman Injured in Crash Seeks
$4,000; Husband Asks $4,000.

Morris Ralph, 6538 Cornell av-
enue. today sought $4,000 damages
for loss of his wife'S services as as
SiStant manager of the Broad Ripple
Ice and Coal Company, of which he
is MANAGER.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-10
TWO DELEGATES NAMED
Indiana Representatives to Patriots
Conference Are Chosen.

Selection of Mrs. Sylvia Pitman.
Boonville, and Mrs. Cordelia Clak-
man, Rockport, as Indiana delegates
from the American Legion auxil-
larry to the women's patriotic con-
ference on national defense was an
nounced at auxiliary headquarters
today.
The conference will be held at
washington Jan. 80 and 81
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-10
PAGE 5

Injuries received by Mrs. Ralph
in an accident when her automo-
bile was struck by car driven by
Miss Martha Shepherd at Watson
road and Carrollton avenue, March
u. are basis of the suit, fled in su-
perior court two.
Mrs. Ralph demands 5000 dam
ages for personal injuries from Miss
Shepherd and her father. Edwin w.
Shepperd. ALT Ruckle street. owner
of the car, in a second complaint
fled in superior court four.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-10
Asthma Disappears
Like Magie!

New MOney-Ba Remedy Affords
Quick Relief.
Calafo relieves the distressing symp-
toms of Asthma or money back. No
questions-you are judge. Calafo, a diff
ferent remedy; promises permanent
freedom. You breathe freely-sleep all
night-regain health. The distressing
symptoms disappear. Don't suffer long
er-try Calafo $1OO. Hooks Depend
able Drug Stores and other druggists.
advertisement.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-01-10

Forrest Davis presents today the last
Of six articles on the amazing twelve
year Voistead era and the factors lead
ing up to ia subject Of increased in
terest in view of the activities Of the
present lame duck session Of congress.