davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-24
CURB ISSUES POINT
TO HIGHER LEVELS
Market Absorbs Heavy Of.
ferings on Advance.
Oils Are Active.
BY JOHN A, CRONR.

Special Dispatch to The Star.
NEW YORK, April 24.-Several score
Of stocks scared to new heights on the
Curb Exchange today before the gen
eral List met offerings, which In early
afternoon trading were we'll absorbed.
At tiraes Electric Bond d Share was
up points. American Gas & Electric
was within q small fraction Of q s.
point gain during this period. Niagara
Hudson Power was up fractionally. Is
Cities Service reacted. Standard OH Of
Indiana came within striking distance
OF its previous peak.
The Washington conferences over
Swallowed all other developments mar
ketwise. Aside from the sharp rise In
steel output, the improved statistical
position of the oil industry and fur
Their gains in automobiles sales. there
was little in the way Of general news.
Once again the brisk advance of
commodities helped shares, for the firm
est and most active issues were those
OF companies dealing In commodities
in most instances concerns with huge
inventories. The spectacular squirt In
grains, for instance. was at once mir
rored in Deere g. Co. and Novadel
Agene. National Sugar was within a
fraction Of its peak Great Atlantic d
Pacific Tea opened up points.
Then the oils forged to the front and
for more than an hour were the feature
Of the market. As usual in recent ses-
sions, the real movement in the group
began in the so-called Canadian STAN
dard issues, Lake Imperial OIL, Ltd.
and International Petroleum, both of
which were whirled to new heights.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-24
BONDIBT STEADY !
MlPMARD TREND.
Government Loans and
Other igh-Grade Is
sues Score Gains.
BY CHARLES F. sPEARE.

Special Dispatch to The star.
NEW YORK April 24.-The bond
market today differed from sessions
since last Wednesday in that all classes
periods. While the largest advances
were again in the speculative issues,
there were at$he same time pronounced
gains in United States Government
loans and new signs of buying in high
grade corporation mortgages and deben-
lures.
The active section of the market,
however, was that in Junior rails and
lower grade public utilities. In spite OF
the fact that some of the former had
more than doubled in price last week,
they were able today to add materially
to theif market values. Some of the
largest gains early in the day were 3la
points in Great Northern 51as, 4 points
in Northern Pacific IS. 3l2 points in
New York Central IS, points in South
ern Railway, General As. 2la points in
Baltimore g. Ohia IS and about points
each in Chesapeake Corporation SIS, Erie
SIS and Southern Pacific 4l2s. In addi-
ton there were numerous advances
ranging from fraction to point.
In the public utilities the most pro-
nounoed gains were in the bonds of the
Union SIS advanced 2l2 points, selling
about So. They were recently as low
as 36I2. Postal Telegraph IS in selling
up 2l2 points showed recovery of 10
points from their low. International
Telephone g., Telegraph 4l2s and SIS
gained from i to 2 points and were
about Is points up from the years
minimum. American & Foreign Power
IS crossed 40, showing a gain for the
day of nearly 3 points and touching
the high price of the year after selling
as low as 231a. few months ago.
Movements ,in the industrials were not
so striking and did not develop any
important changes.
From the fact that gains of a point
or more OCCURRED in the Treasury 3ls
and 3 per cent loans 1t was assumed
that the Federal Reserve banks might
again be. buying these discount bonds
in order to promote their easy money
policy. At the same time the Liberty
312s and Al las were ls to Il higher and
the Treasury AZ and As made good
gains.
! There was, not any particular en-
1thusiasm over the latest plan of the
Treasury to issue q three-year note
with a coupon Of 27s per cent. To the
small investor this does not look especial
~ ATTRACTIVE as it is less than the
average savings bank interest and has a
short maturity The prospects are that
the notes win again be taken mainly by
institutions
In the foreign list French and British
loans showed the most strength, al
though Germans were steady.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-24
BUYING FOR YIELD
POLICY ABANDONED
Frequent Omissions and Re-
auctions in Dividends Have
Changed Market Traditions.
Special Dispatch to The Star.

NEW YORK, April 24-Of about 900
listed stocks that are regularly traded
In each week only 40 per cent are now
on dividend-paying basis. Among
them are large number Of common
shares whose dividends have been re-
duced to nominal amounts, as well as
preferred stocks. The factor, therefore,
Of buying common stocks for yield,
which has In the past frequently stimu-
lated markets, is now a negative one.
Old-timerS on the Stock Exchange
were quoted to yield 10 per cent they
could be bought with the assurance that
their prices would advance This was
the basis for much accumulation Of
these stocks in other times Of depressed
markets
The tradition did not work out, how
ever, last year, when the yield on divi-
dend-paying common stocks was the
highest it had been for a quarter of a
century. At the low point Of the price
decline last Summer a group Of "equi-
ties" was quoted to yield nearly is per
cent and between March and August at
there was some speculative buying at
the time, this didAnot continue. nor was
it followed by purchases of an invest
ment character.
In the Summer Of 1929 prices of
stocks went SO high that the average
yield on them was less than per cent.
The November break in this same group
raised the return to about 5A per cent.
In the subsequent April rise of 1880 the
yield fell below 4 per cent. but ap-
preached 612 per cent In December Of
that year. Then 1t fluctuated between
S and 6 per cent until the Autumn of
1881, when the break resulting from the
suspension of gold payments by Great
Britain sent the yield above per cent
In June, 1892, by one index it was nearly
Is per cent and by another slightly
over IL per cent. From the latter figure
there was perpendicular drop to per
cent as prices advanced following the
Lausanne conference and numerous
dividend reductions and omissions took
effect. 1t Is now around 6L Der cent
The effect OF dividends on the in
come return Of the entire list of COM
mon stocks has been more powerful in
the past year and q half than that Of
price fluctuations. The high point of
cash dividends on common stocks was
reached In the early part of 1880, when
a list Of some hundreds of these stocks
paid an average Of s306 share From
that point a steady decline occurred to
the end OF 1882, when 1t looked as
though the era Of reduced or suspended
dividends had been completed. Since
the bank holiday" however, the policy
of corporations and Institutions has
again become one Of conserving cash
at the expense OF dividends SO that
at the end Of March the average cash
dividends. which had been s3O6 a share
three years before, dropped to $l.ll a
share, IS per cent decline The
slump Is still going on and will show
in another sharp decrease for April. as
this month a number Of important cor
porations have curtailed their disburse-
ments to shareholders
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-24
SH0RT-TERM SECURITIES.
(Reported BY Chas. D. Barney & Col

Allis- Chalmers Co. 5s 1877 % "A
American Beet Sugar 6s 1895 SEA IS
Amer. Tel. e. Tel. las 1913. 100l4 100't
Am. Wat. Wks. & FL IS 1884 11i2 IS
Bedding Hemingway IS 1895. SO 81
Bethlehem Steel Co. SIS 1895. slas S"s4
California Packing IS 1910. 131s ~
Canadian Nor. Ry 4l2s 1885 81 rs
Chesa & Ohio Rwy. IS 1889 l0034 10IA
Chi. Northwest Ry. 617s 1886 47i4 81
Chicago Rock Island As 1894. "a 2417
Colorado g. So. Ry. 4izs 1895 81 -
Commercial Credit 5izs 1885 90 96iz
Delaware g. Hudson 5s 1885 49,. "a
Den. & Rio Grande 4l2s 1896 32ls IS
Edison Elec. Hum. As 1889. g6i4 9ai7
Gen. Petroleum Co. SIS 1910. 1919 1o,7s
Gen. Public Service 5ias 1889 20 81
Grand Tunk Canada Us 1886 a6i. a634
Great Northern Ry. IS 1896. 54ls 50
III. Central r. R. 61zs 1895. 64iz 6s
Keystone Telephone IS 1885. 49,. =.
Laclede Gas Light IS 1894 - 50
Lake Erie & w. r. r. SIS 1887 So "a
Louisville e. Nashville IS 1887 a1i2 gS94
New York Cent. e. H. As 1894 62i2 65ls
N. Y. Chi. & St l. As 1887. 90 -
Northwest. Telep. las 1894. .. Sc
Penna R r. Co. 6l2s 1886. 957s g634
Portland Gen. Elec. IS 1885. "a a57s
Republic Iron & Steel IS 1910 81 10
Sinclair Cons Oil Co. rs 1897 90 96ia
Southern Pacific IS 1884 .-.. 20
Union Oil Co. Calf. IS 1885 gaia ....
Virginia Ry. a. Power IS 1884 9T% %
Wabash RWy. Co. IS 1899. ~ 4a4
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-24
OIL FIELD RE0PENS.

AUSTIN. Tex, April "a tPThe East
Texas oil field reopens today under a
production allowable fixed by the Texas
Railroad Commission at Is per cent of
the average hourly potential of each
we'll
The commission expected the field
would flow between 780,e0 and 100000
barrels daily under the arrangement.
Tests conducted by the commission on
key wells in the field indicated that
the potential for the field was around
126, goo, 900 barrels q day.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-24
STOCK TRADING GAIN
PROVES BOON TO CLERKS
BY the Associated Press

NEW YORK. April 24.-The Sabbath
quiet Of Wall Stree. was disturbed BY
workers yesterday for the first time
since 1929.
The complete clearing house units Of
nearly all the leading brokerage houses
reported for work to straighten out
the books after last Fridays heavy
trading. Hundreds of former clerks,
unemployed since 1929, were credited
with overtime.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-24
NEW YORK EGG MARKET

NEW YORK, April "A (SpeciaD -
Quotations for eggs in the wholesale
cash market today were: Mixed COL
ors: Special packs. 161aa17a; stand
ards, 16al6A storage packed firsts
14a a15l4; frsts, 1414; seconds. 1872;
medium, 1872; dirties, 134a13l2;
checks. 11l2a13a.. Whites: nearby
selected, 19a20l2; Western receipts,
specials 1712a1812; standards, l4l2al5.
Browns: nearby and Western special
packs, 17al8A; standards, IS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-24
INCREASE IN OIL TRADE
IS SHOWN BY REPORTS
BY the Associated Press.

BY the Associated Press.
NEW YORK, April 24-Further in
dications Of improvement in the oil in
dustry are shown in the 1882 pamphlet
reports of the Socony- Vacuum Corpo-
ration, which disclose the company was
able to realize a profit of $500 82
compared with loss of nearly the same
amount in the previous year
While the Socony organization is the
result Of merger in July 1881, of the
STANDARD Oil Co. of New York and the
Vacuum OIL Co., operations of the COM
ponent companies prior to the merger.
and the present company subsequently,
suffered a loss of $4,l69,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-24
CHICAGO DAIRY MARKET.

CHICAGO. April "a P.-Butter,
s474, firm; creamery specials 1913
score), 22A a2S1A; extras 1922, 22i.,
extra firsts tS0-9D, 2114a21A; firsts
$3.50. 2lA; standards go central
ICED carlots), 22l2. Eggs, 49,l29, firm;
extra firsts, 1874 fresh graded firsts
1874; curren receipts, 12 storage packed
firsts, 15A; storage packed extras, 1871.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-24

quarterly or semi-annuaI payment sEx
diYidend. tPartly extra. tPlus A. in stock
PAYABLE in cash or stock. bPayable in
STOCK. Adjustment dividend. PLUS So
IN stock. gPlus So in stock Plus IL
IN IN s stock PHYS H; e in stock; Plus 10S
in stock Paid last year-no regular rate
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-24
Steel Gain Forecast.

CLEVELAND, April "a R-The
magazine Steel today forecast that steel
production this week would shoot up
to n per cent. compared with rs per
cent Of capacity last week and 20i2
per cent the week before. The maya
zine said last weeks rise was the great
est since the depression started.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-24
Washington Stock Exchange

Capital Traction Colo at 6. 10 at
o. 5 at g.
Mergenthalef Lmotype-10 at 2314, 10
at 23h., at 1914.
AFTER CALL.
Wash. Gas IS B-s5o0 at 103as, $1,000
at 10334.
wash. Gas SIS 'so-s5oO at 1921, $500
at .l0212.
Pot. sElec. SO pfd.-5 at 108a4.
Mereenthaler Linotype at 1914, 10
at 23H4, 10 at 23A. 10 at 231l, 10
at ,23l4. !.
Capital Traction $500 at 40, $500
at 40 -
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-24
New York Cotton

Spec.al Dispatch to The Star.
NEW YORK, April 24.-opening cot
ton prices here today were Is to %
points higher. In Liverpool prices ad-
vanced to II points in active trading.
Initial quotations were: May, 7.55. UP
10: July, 7.72. up 10; October, 795, up
IS; December, BIS, up IT; January.
1923, up Is; March, $40, up 20.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-24

N. Y. CURB MARKET}
Received by Private Direct o The Star 0mea
sock and Sale

Stock and Sale
Dividend Rate. Add 90. High. Low. Close.
Ala Great Southern100s 10 10 10
Allied Mills. 2 3H 3H
Alum Co America. .2000s 56N "a IS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-04-24
Mems Wear Markets Active.

NEW YORK. April "a up. Mems
wear markets are more active. Clothing
manufacturers have begun to cover Fall
requirements, while their local Offices
report brisk demand for immediate
deliveries on Summer clothing and
furnishings.
Evening star., 1933-07-12
GRAIN BUSINESS
IN KANSAS BOOMS
Public Getting Back Into
Market and Brokers'
Offices Are Busy.

BY the Associated Press
KANSAS CITY, July 12.-Joe, the
option clerk, is back at his desk in a
grain office these days-back after
vacation lasting almost two years and
which wasn't of his own choosing.
On the floor above, the floor below,
throughout the big Board of Trade
Building. other Joes, and Bills, and
Toms are back at work, too.
Telegraph keys clatter adding ma
chimes and typeWriters beat out hur-
ried clickety-click Crowds watch the
blackboards where agile young men
chalk up ever-changing figures. Bro
kers shout. Office boys dash to and
fro
Grain Trade Rushing.
Business is rushing again in the
grain trade
A few months ago Joe wasn't certain
whether he was ever going to get his
Job back. Things were almost at
standStill. Farmers weren't getting
cost of production for their grain, and
nobody seemed to want to buy it even
at panic prices
All that is changed now. With
wheat up 100 per cent from its low
of the year, corn moving steadily in
its wake and that mysterious entity
called the public" getting back into
the market, business approaches the
activity of the old boom days"
Joe has plenty to 90. Night after
night. when wheat was scoring d&ily
advances of 3 to 7 cents a bushel he
worked until l o'clock in the morning
1t meant extra money, and he could
use 1t.
Put on Two Shifts.
Some firms put on two shifts of en-
ployes. one working from 8 am. to S
pm. and the other from 5 pm. to
midnight. In all. 400 option clerks
shipping clerks, car record clerks, tele-
graph operators, stenographerS and Of
flee boys have been re-employed by
grain firms in the building within the
past six weeks.
Employment still falls about 40 per
cent short of the peak forces main
tanned during re-depression periods.
persons familiar with the grain business
estimate But it's SO far above levels
Of the past two years that il seems
the widest of booms by comparison.
Evening star., 1933-07-12
WRC WILL OFFER
REVUE PROGRAM
Announcement to Be Made in
Music for NeW-Type
Feature Tonight.

"Short Revue" a new type of fast
moving song broadcast. in which all an
nouncements are made in music will
be introduced tonight. at 6:l5 O'Clock,
over WRC and other N B. c. stations.
Arlene Jackson, N. B. c. singing star,
will be featured in the program. sup
ported by the Three Scamps and Al
Gaber'S Orchestra. Each broadcast Will
be made up of the latest song hits and
ballads
Stephen Fosters early talent. which
at the age of puzzled his parents will
be dramatized with incidental music in
the second OF the series based on the
composers life, at 730. John Tasker
Howard. noted authority on American
music. will act as narrator.
Rural entertainment will be featured
on the Corn Cob Pipe Club program
from to go The Old Timers will
open the program with Soap Suds.
Aunt Sarah will do a mOnologue, and
Moonshine will offer comedy.
Old Tunes Offered.
A medley of popular tunes of past
years will be offered by Fannie Brice
during her program with George Olsen s
Orchestra from 7 to 7:30. The medley
will include Remember. When I Lost
You" and Among My Souvenirs
WMAL and other N. B. C. blue" net
work stations will broadcast tonight. at
9 o'clock. the first Of a new series OF
concerts by Willard Robson and his
Deep River Orchestra. dangerous mel
odieS of olden days in the cotton fields
and canebreaks Will make up the pro-
gram.
WMAL's other N. B c. attractions
include ANOTHER Crime Club dramatiza-
ton and concert by the Goldman
Band From its own studios this sta
tion will broadcast the weekly program
of Radio Joe and his Budget Boys.
Radio Joe has arranged special pro-
gram in connection with the American
Legon's second annual Job Auction.
The idea of the program is to find jobs
for unemployed veterans.
Symphony Will Play.
Charpentier'S famous suite. "ImpreS-
eions of Italy" will be played by the
Columbia Symphony Orchestra during
its concert tonight, at 10 o'clock. over
WJSV and affiliated Columbia stations.
Good Morning, Dearie.' jerome
Kern's successful musical show of 10
1ears ago. will be presented in con-
aensd form by Mark Warnow's Orches-
ra. Rhoda Arnold and Charles Car
le during the Curtain Calls program
It 7:15.
WOI, will broadcast tonight another
Radio Opportunity Hour in addition to
its regular musical attractions. The
musical features will be Joint recital
by Rose Novak violinist. and Ruth
Walker. pianist and a concert by the
AL String Quartet.
Evening star., 1933-07-12
NOTED PHARMACOLOGIST
is MARRIED so YEARS
DR.. and Mrs. John Jacob Abel Mark
Anniversary With Family
Dinner at Home.

BY the Associated Press
BALTIMORE July 12-Dr. John
Jacob Abel. whose research work in
pharmacology has gained him world
wide recognition and Mrs. Abel Mon
day celebrated their fiftieth wedding
anniversary at small family dinner
party.
Dr. Abel for many years was editor
of a professional periodical and from
1893 until he resigned in 1881 was pro-
fessor of pharmacology at the Johns
Hopkins University. Recently he has
work.
You can never exhaust the secrets
of Mother Nature" he remarked last
night The potentialities of nature
are infinite. We cannot tell what
changes there will be, but we know
they will come"
Evening star., 1933-07-12
CIRCULARS PROHIBITED.

In order to protect its advertisers
from receiving circular matter, 1t IS
expressly understood and agreed that
all such matter viii be withheld as
lar as possible by The Star. Only
bona fde answers to advertisements
addressed to box numbers i'll care OF
The Star will be deliI cred to adver-
tisers on presentation OF the box
number ticket
Evening star., 1933-07-12
Star "Want Ad"
Branch Offices
NORTHWEST.


14th and sts-Day's Pharmacy.
1875 14th st.-Marty's Cigar and Magazine
17th and Que sts.-Kenner's Pharmacy.
s9i3 IAN st-collinower Ar 8; Gift Co.
and Park
14th and Buchanan sts.-Hohberger Phar-
l4th st. and Colorado ave.-o'Donnelrs S
s2ee 1p'imass. moHnt Pleasant st-Mount Pleasant
1879 Columbia rd.EThe Billy Shop
2I6" California st.-Colodny Brothers.
Mard%a ls pays avs nwmsanitary Pharmacy
] st and X sts-Duncans Pharmacy.
7th and X sts s-GoldenberE's Ctime clerks
IN and Q, sts--Lincoln Drug store
th .na nad II ESTs,s1s Phsmey
Ga. ave. and Upshur st.-Petworth Phar-
ooI Upshur st.-Moncs's Pharmacy
3rd and Kennedy II nw.-Kinner & Membert.
59l6 Ga. ave.-Brishtwood Pharmacy
Ga. ave. and Kennedy st-Lampkins Phar-
290I Sherman ave.-sherman Ave. Phar-
622i :ird st-Manor Park Pharmacy.
18th and Fla. e-~Bernstein's Drug Store.
North Capitol ST. and r. I. ave-PaEker's
Pharmacy.
4s ans Pc G svsJ si,oIIsI.ys lGHis k1plfs Pharmacy
18th and Pa. ave-Columbia Drug Store.
33l5 Conn. ave.-Joll's Newsstand
wisconsin ave and Macomb st-Harry c.
4a3i wisconsin ave-MorRan Bros Phar-
Takoma Park. $50 Cedar st.-Mattinsly
GEORGETOWN.
Both and sts-Morgan Bros Pharmacy.
NJ St St-MoskPy'S Pharmacy,
2072 Wisconsin ave-Haneys.
35th and o sts-suears DRUG Store.
NORTHEAST.
2os Mass, aye-GapitoI Ito, Towers Pharmacy
1872 st. ne-Kight's Drug Store.
5l3l Grant st. n.e-tDeanwood,-st
1@ ,nd sGarsses NC Mmsse s,0Gs Pharmacy
~ n" ST anu and nv Nd sve.ELouis F Bradley
North Capitol and Eye-Kenealy's Pharmacy.
10Th and R. I. ave.-Colins Pharmacy
5000 nth st-Brookland Pharmacy. Brook
4th and R. I. ave.-John G. Bisss' Phar-
Chesapeake Junction. D. c.-wight's Phar-
macy.
SOUTHWEST.
10th st. and Va ave.-Herbert's Pharmacy.
3l6 Az st--Harris Drug Store.
4l2 and sts.-Columbia Pharmacy.
SOUTHEAST.
3rd and Pa. ave-ODonnells Drug Store.
1iib and Pa. ave-Fealey's Pharmacy.
1907 Nichols ave. Anacostia-Healy Drug
18th and East Capitol sts-Lncoln Park
Pharmacy.
2oO4 Minnesota ave-sloans Drug Store.
STAR OFFICE OPEN UNTIL II PM.
Al, advertisements for The Evening Star
must be in The Star ONCE or one OF inc
Star branch Offices by II pm. the DAY
BEFORE ISSUE. with the following eHcep-
tons
Lost and Found.
Death Notices
Advertisements under the above classical
tions will be accepted al The star once
issue. except Saturdays and Legal Holidays
when the closing time IS 100 m. Al az
vertisements for The Sunday Star must be
received at The Star ONCE by go innb pm
of1ces by 30 pm Saturday.
CASH WITH ORDER is required ior All
advertisements from transient advertisers.
LOCAL RATES.
3-l:ne minimum.
| time. .1uC per line.
y times, l9c per line
3 times lsc per line
: times consecutively, 11c per line
Advertisements under Personal &c per
line additional.
RATES OUTSIDE e5-MnE RADIUS OF
WASHINGTON.
4-line minimum.
time PC per line
3 times. 23c per line.
: times 2ic per line.
30 times more consecutlveIy' Eoc pei hie
Advertisements under Personal. &c per
Transient classified advertisements for the
Baltimore Sun and the New York Times VIII ~
be received over the Business counter VI
a regular rates
Evening star., 1933-07-12
OFFER GARDEN PRIZE
1rookmont Club Will Make Award
for TmDrovement

The Brookmont Garden Club is
offering to residents of Brookmont a
prize for the greatest improvement in
home and grounds between July 1 and
September IS, il was announced yeSter-
day Twenty-three home owners have
entered and the first inspection Of
grounds will take place early this week.
Prof Furman Mulford, Department
of Agriculture: Mark M. Shoemaker,
DIVERSITY of Maryland, and Miss Mar
garet Lancaster have consented to act
as judges.
Evening star., 1933-07-12
RETURN FLIGHT is OFF

RIO DE JANEIRO, July IL P.-
Stanislaus SkarZinski. Polish aviator,
who few here from Warsaw by way of
the South Atlantic. abandoned Monday
projected return flight by way of
Washington. D. c. He received orders
to return immediately to Poland and
his plane will be returned by boat.