davidaulloa/AmericanStories huggingface dataset:
Evening star., 1934-05-10
GENERAL MOTORS
D|SCLOSES GAINS
Net Working Capital Climbs
to $262,543,S75 From
$217,468, 900 Year Ago.
Dy the Associated Press.

0y VIC AobOCletoo SIebSs
NEW YORK. May 10.-Net working
capital Of General Motors Corporation
on March 81 amounted to $685. 2,543,-
875. compared with $2l7 ,46S, TOO on
the same day . year ago, the PAM
phlet report covering operations for
the first quarter showed.
A. previously reported, net earnings,
including equities In the undivided
profits or losses Of subsidiary and af-
filiated companies not consolidated.
totaled $27.024.s6s after preferred
cents . common share. This COM
pares with earnings Of $6,s70,0a7 in
the first quarter Of 1888, or II cents
common share.
Cash and marketable securities as
Of March 81 totaled $153, ,623 ,975, COM
pared with $135,711 ,686 at the end Of
the first quarter in 1888.
There were 538,345 shares of the
corporations common stock held in
the treasury on March 81 compared
with 629. .076 shares held year ago
on that date. This decrease, q state
ment by the company said, was ac-
COuIlCcu lOI Uy cCOCh ICQul1 1CIuChho oA
the employe benefit fund.
Alfred p. Sloan. jr., president, said
In . statement to stockholders that
General Motors was owned by 35l $40
stockholders. SO per cent having les
than so shares each, and that the
number Of large stockholders was
rapidly decreasing and the number
of persons owning a small number OF
shares was increasing. He said he be-
heved such a trend highly desirable. 81
Referring to what he termed "the
present trend of expansion in the re-
lationship between Government and
industry" Mr.. Sloan said that Amer
ican business, small or large" was
not owned by relatively few. but. In
fact, by a relatively broad cross-sec-
ton Of the community at large" and
that "uneconomic policies, to the ex-
tent that they produce a detrimental
effect upon business. do not penalize
limited few. but penalize the COM
munity at large.
Evening star., 1934-05-10
CIGARETTE REVENUES
HELP FEDERAL BUDGET
BY the Associated Press.

oy tiiC hSSOClBbeu EIebS.
Cigarettes are increasing in i'm
portance to the Federal budget.
Should the trades estimate of a
7,000,000,000 gain in consumption
during the first fouz months of 1894
prove accurate, Treasury income would
be augmented t. the extent of $21,-
000,0 over last year.
The heavy consumption gain in jan
uary was attributed at first to heavy
dealer purchases to Offset the so per
cent price advance tina. month. But
continued increases In the two months
following tended to Offset this theory.
April's figures, which indicate q 20
per cent advance Of the same month
of last year, appear to dispel all
doubts that more cigarettes are being
consumed.
Evening star., 1934-05-10
U. S. BOND HOLDINGS
OF BANKS DECLINE
By the Associated Press

Weekly reporting member banks
investments in Government securities
showed q slight loss during the week
ended May 2, as the change was cal
culated by the Federal Reserve Board
In the table that follows the total OF
board:
Week ended May 2...... $6.255.O00.000
Previous week ..,... 6,2S2, 100000
Same week last year. r..... 4,9O9,OOO,OOO
Evening star., 1934-05-10
BITUMINOUS OUTPUT
UP SLIGHTLY IN WEEK
By the Associated Press,

BY the Associated PreBS-
NEW YORK. May 10.-Bituminous
coal production last week approx
mated $3.50, 900 net tons. according to
the National Coal Association. This
compares with 6.340. 900 tons in the
previous week and 100000 tons in
the 1888 period.
Evening star., 1934-05-10
q. S. TREASURY NOTES.
tRepcrted 9, Chas. y Barney q Co,
G. E. GETS ORDER.

NEW YORK. May 10.-The Gen.
eral Electric Co. has received an or
der from the City Of Los Angeles for
eight oil circuit breakers. to cost
slightly less than 81 ,000, 900.
Evening star., 1934-05-10
UNION PACIFIC VOTES
DIVIDEND ON COMMON
~ tha Asaociated Press.

NEW YORK, May 10.-A dividend
of $l.50 on the common stock was
ordered today by directors OF the
Union Pacific Railroad Co., payable
July to stock Of record June /. The
road made quarterly disbursements at
this rate for some time.
Evening star., 1934-05-10
WEATHER FAVORABLE.

NEW YORK, May 10 lR.-Weather
conditions 50 far this month have
been favorable to the sale of Summer
apparel and accessories. Further
marked improvement In local retail
trade here has been reported by store
executives.
Evening star., 1934-05-10
RIGHTS DEALINGS TO END.

NEW YORK, May . OP.-This was
the last day for dealing on the New
York Stock Exchange in rights to the
New York Central Railroads per
cent convertible bonds. All transsc-
tions were for cash.
Evening star., 1934-05-10
BALTIMORE STOCKS
Special Dispatch to The Star.
BALTIMORE, May 10
STOCKS,
MONEY MARKET.

steady: / per cent all day. Time loans
steady: go days. 8 months. sIa1 per cent.
Prime commercial paper. Bankers ae-
new York Reserve Bank, Ia per cent.
Evening star., 1934-05-10
PRIVATE Engineering
AWARDS SHOW GAIN
By the Associated Press.

NEW YORK, May 1o.-Public engi-
neering awards this week at Sl3,733,-
600 are approximately 80 per cent be-
low last week, while private awards at
$5. .95o 900 are 5 per cent above, says
the Engineering News-Record.
Evening star., 1934-05-10
y. .. GOVERNMENT soNps

HiRh. Low. Gov.
Federal Farm Mortg. .....
Corpn. sAs 81. 102 10 1923 102 IL
Home Owners Loan
Corp - 81. %. 100 q 100 10 l0021
Evening star., 1934-05-10
CHICAGO STOCK MARKET

=. CHICAGO. May 10 R.-Following is
the complete oficial list of transactions
IN stocks on the Chicago Stock Exchange
today:
Evening star., 1934-05-10

Pure Oil sNs'S7-...
Pure OIL Shs'to....
Evening star., 1934-05-10
Del 4 Hud ref - ~.
Del & Hud CIV 81 '36..

LSCi u - ~ ~ ~
Denmark s y . '6b.
Denmark So 81.
Den Il Rio q en- %s36
Den & r q 4hs'3S.
Den h r q W 50 '66..
Den Il r q W - ~. .
bet Ed %hs DEL.
Detroit Ed RI IS 80. .
Detroit I'd 50 81. 90.
Dodge Bros % 20. -
Duouesne lMs A'61.
D e I6hs'bS Mar. .,
D b lShs'63 Now.
Evening star., 1934-05-10

Queensland 6s'l7..s
Queensland 7s'll...
Evening star., 1934-05-10
BONDS ON N. Y. STOCK EXCHANGE
R.eava BY .

High. Low, Close.
70 % 90
07h 97H 97k
Evening star., 1934-05-10

$1,000 Chi Rys IS '27A 13 13 13
Bond sales today-S7 900,
Evening star., 1934-01-04
The Swing From Materialism

from the HARTFORD 1!WeS
Comment is frequently heard, Of late,
to the effect that there is noticeable
swing from so-called modernism back
to orthodoxy. The efforts of the de-
preston have turned mems thoughts,
one is told, to the channels in which
they formerly ran. Deprivation OF ma
terial possessions has caused man to
draw upon his inner resources. and he
has found surprisingly unlimited
supply.
How true comment to this effect
may be is hard to say. There is no
doubt that there is swing from a
materialistic philosophy. The frequent
repetition by President Roosevelt Of
his faith in the spiritual forces that
pervade the universe, the willingness of
the people to put faith in him as their
leader in the march out of the wilder
ness Of blighted materialism, are indi-
cations that the minds of men and
women are turned more toward real
values than toward illusory ones. Many
a person has learned in the last few
years that the love that has come to
him from his fellow men was treasure
beyond price, yet was to be had with
out the asking-a free gift.
But whether the turn is toward Or
thodoxy is another matter. In so far
as that which is labeled orthodox is
fundamental there is no question about
a swing toward 1t. But many man
who knows little or nothing about or
thodoxy has been turned toward some
thing which, for some reason he can
not explain, comforts him and brings
him a greater degree Of peace than he
has known before. Perhaps this grip
upon fundamental truth may lead him
toward an orthodox belief; perhaps 1t
may lead him toward a more modern
Interpretation of truth. Whether he
takes one path or the other Is of slight
Importance, in the end, If the path he
takes leads him to a more accurate
evaluation of life and brings him peace.
We know Of no greater modern con-
tribution toward national courage and
sanity than that which the President
made in his inaugural address, when he
told the people that "the only thing
we have to fear Is fear ITSELF" That
declaration has made many person,
we are sure, analyze his fears and find
them to be creatures Of his imagina-
ton. Many a man has replaced fear
with faith In that substitution, we
believe, is born the swing from the
materialism of recent years to the new
sense of values. If the pendulum does
| not return too rapidly, we shall be q
greater and better Nation because Of
the change.
Evening star., 1934-01-04
Sharing the Merger Benefits.

One Of the results anticipated from
the street car merger is rerouting plan
permitting greater economies of opera
ton and more convenient service for
the passengers Preliminary rerouting
studies have been under way for some
time, but both the company and the
Public Utilities Commission are prob
ably wise in taking their full time be-
fore making decisions apt to change
established riding habits. Rerouting
involves many technical problems, but
no plan will be successful that does not
meet the approval Of majority OF the
patrons.
The Public Utilities Commission's s
suggestion for an advisory committee Of
citizens to work with it and with COM
pany representatives in perfecting q
new routing plan is excellent. The en-
gineering and technical features Of the
plan are problems for the experts, but
the company and the commission have
shown a desire to obtain public Coop
Grafton in making the merged operation
Of transportation facilities successful
Evening star., 1934-01-04
The President on World Affairs.

Brief but highly significant references
to the international situation are con-
tanned in President Roosevelt's message
to Congress. He makes no attempt to
view it through rose-tinted glasses. II
cannot, unfortunately, present to you"
he said, "a picture of complete optimism
regarding world affairs"
The passing illusions to conditions
abroad, and Americas relation to them.
are both economic and political in ma
ture. The Presidents statement about
stabilization Of exchange is noteworthy
and may be expected to cause a certain
critical repercussion in Europe. Before
the London conference last Summer
Mr.. Roosevelt emphasized the urgency
Of stabilization on some worldwide
basis, only later, in the midst Of con-
ference proceedings on the subject, to
bring them to collapse by revealing that
the American recovery program made
it impracticable for the United States to
consider stabilization. Now the Presi-
dent tells Congress that careful IN
vestigation and constant study" prove
that certain of our sister nations ind
themselves so handicapped by internal
and other conditions that they feel un-
able, at this time. to enter into stabili-
zatSon discussions" He does not say
so, but the President leaves 1t to be
inferred that the United States has been
proposing to SISTER nations" the same
stabilization we rejected seven months
ago and which they, on their part, now
find it impossible to consider. The
further inference is justified from the
context that Mr. Roosevelt feels he has
no alternative but to proceed with hii
gold and silver purchase programs.
After acclaiming the outstanding
success" of the Pan-American Confer
Evening star., 1934-01-04

ence, the President Tits again. in terms
Of his Wilson day speech. at the fear
Of immediate or future aggression IN
other parts Of the world" which,
together with the vast expenditure on
ornaments, prevents any great progress
In peace or trade agreements" In the
same breath Mr.. Roosevelt reafilrms the
United States refusal to take part
in European political arrangements" s,"
though we are continuously willing to
cooperate for Immediate reduction Of
ornaments and lowering Of trade bar
riers" It Is not program capable Of
exciting much enthusiasm beyond the
seas.
The war debts will form the subject Of
a later message to Congress. It can
hardly be anything but a report on
almost complete default-little Finland
received a deserved round of applause
at the Capitol yesterday as the sole
exception. The President is known to
feel that there is little or nothing to be
done except to grin and bear the situ-
alton that has arisen.
All in all, there is evident between the
lines Of the message resigned purpose
to pursue the even tenor Of Americas
present way until developments abroad
suggest the wisdom Of Q different course.
While engaged in disentangling the
problems still confronting US at home.
the Roosevelt administration intends
resolutely to avoid entangling activities
in foreign parts. Recovery for America
means isolation as far as international
commitments are concerned.
Evening star., 1934-01-04
SHOOTING STARS.
BY PHILANDER JOHNSON.
Personal Opinion.

ca SOAoA ofAhAohs
When In the city quite alone
I strolled the thoroughfare
I met a man to me unknown
With manners passing fan.
1t was a compliment that he
My company should picK,
And finally he sold to me
My favorite gold brick.
I put it in a cabinet,
point to it with pride.
No connoisseurs have ever met
It's value to decide.
That polished stranger still I see
In rose tints that grow thick,
For it was he who sold to me
My favorite gold brick.
You have ideas which were bought
From some kind old profess.
I would not rate their worth at naugh
And spoil your happiness,
So do not recklessly aspire
To warn me of trick
Each should be privileged to admire
His favorite gold brick.
Evening star., 1934-01-04

The desire to get the characters In q
novel "off ones chest perhaps has
something to do with some Of these
cases Of Sitting up all night" with o
book of which one hears so much.
Especially this may be true Of long
books. Of several hundred thousand
words. The feeling that one must finish
what one has begun is known to many
reader.
Here, as elsewhere. not all Is gold
that glitters.
Ordinarily the urge to read which
keeps a reader awake far into the night
means great deal, but there are books
and occaSions-and readers-which put
a different light upon 1t all.
Then the words are pursued doggedly,
one after the other, in supreme effort
to finish the thing.
Let no one get the idea that this is a
failure of either book or reader.
One may feel, indeed, that there Is
but one best time for any reader to read
any book.
How many chances there are, there
fore, for each reader to miss the best
time for each book!
The wonder is that 1t is ever hit.
Masterpieces ought 10 make their own
times and placesp
1t is doubtful If even undoubted
masterpieces operate under any set OF
laws Of their own. They, too, need the
right reader at the right time.
The good book, especially novel. works
up a mood of it's own, but it will never
achieve it to the fullest extent unless
the reader Is ready for 1t.
Here Is q famous work, widely held
to be classic Of the present. sure to
live" as readers say.
The reader-any reader-has missed
1t, somehow, in the passage of the years.
What! missed this famous work? How
could he?
wen, it is this way: Nobody has
read everything, no matter what his
pretensions. Everybody has read some
one book, another is reading some other
one. While one booklover specializes
on the stories. let us say, Of this ia
nous English writer, another is going
in" for the works of this equally famous
Frenchman.
Or the tastes Of the one may run
exactly counter to the tastes of the
other, so that one turns normally to
English books and the other to French
or Russian.
No more Grass mistake has ever been
made. in regard to great books, than
the belief that each one of them Is a
static thing, square, for instance, and
therefore that all persons who love
squares will like it. and all persons who
like circles best will not like it.
NThe queer truth about a great book
is that it is a square, to one reader. a
circle to another, and a perfect tri-
angle to another!
Nobody yet has succeeded in depriv-
ing great book Of this divine ability
to be all things to all men. Even
their authors could not do that.
Such q book is not static. 1t is not
fixed forever, with precisely one effect
upon all readers, whether Of past ages.
this age or future times.
There is no way of telling whether
the square-minded man, as We might
say, will love this square book, because
he may not see 1t as square at all.
Or, at the time he reads, he may be in
love with the circle. There is no tell
ing.
II the lover Of perfect squares, In
literature, happens to run into an ex-
or may not like 1t.
If he does, that fact should cause no
smile of triumph on the faces of all
Evening star., 1934-01-04
High Lights ON the Wide World
Excerpts From Newspapers of Other Lands

following day should be devoted to the
remembrance Of all the others who have
passed on, whether or not they may
seem to merit the same historic homage.
It Is a consolation to all the living,
too, as they journey along the thorny
roads OF Life to know that they will
thus always be remembered by their
friends and families when they have
entered upon their final earthly sleep.
Evening star., 1934-01-04

A project to buy poor farm land In
order to restore it to forestation and
watershed preservation will give pos
terity something to be grateful for even
if it should be inclined to look askance
at lingering burden of ancestral tax
alton.
Evening star., 1934-01-04

Fifty-cent cigars are said to be in cir
culation for lobby purposes. This gives
new moral force to the assertion by the
gentle and beloved philosopher, the late
Vice President Marshall, that one of
the needs of the country is good s.
cent cigar. The 81 cigar has been as
sociated with questionable finance. The
50-cent cigar and even that priced at
half the amount is classified as a means
of affable temptation. But a Scent
cigar may be offered and accepted in
comfortable companionship, with no
suspicion of iniquitous intent
Evening star., 1934-01-04

Professional educators are valuable in
economic discussion, although they
should not resemble too closely the
schoolmaster of whom Goldsmith said,
I'm argument the parson owned his
skill Even when vanquished he could
argue still"
Evening star., 1934-01-04

Smaller nations have been a means
Of creating world trouble. Finland, on
the contrary, pursues a correct and
orderly course that entities her to three
cheers whenever her name Is mentioned.
tions Uncle Sans first question should
naturally be simply, What have you?"
Evening star., 1934-01-04

President Roosevelt is not in posi-
tion to be surprised by any criticism.
This fact is due to his custom of ex-
tending a welcome to anybody with
genuinely sincere idea to meet him at
the White House and talk it over.
Evening star., 1934-01-04

and generally beneficial to tho COM
munity. This desire to include the
public as an interested partner IN the
mercer benefits Is a hopeful sign that
a new deal for the street car riders
is really on the way.
Evening star., 1934-01-04
Sunhowers.

From the Los Angeles Times.
Advices from Bangalore, India, are to
the effect that sundowers given a diet
OF yeast grow much larger, producing
twice as many blossoms more than twice
as large as the self-rising variety. At
this rate the sunf1ower should soon find
its place in the sun.
Evening star., 1934-01-04

1t might be only fair to give the vii
lage dispensary the benefit of something
resembling a code system that would
limit the working time to thirty hours
q week
Evening star., 1934-01-04
Old Styles MAY Return.

From the Miami Daily News.
With the bartenders putting plenty Of
foam on the beer these days, it is only
q matter of time until male fashions
revive the old-time flowing mustache
strainer
Evening star., 1934-01-04

still let worthy veterans maui hope
lessly at the cold-blooded walls Of bu-
reaucracy. Somebody, some time, is
going to air all tl1s shame, high and
low, and then Justice will be done.
A FRANCIS Y. CALLERS.
Evening star., 1934-01-04
Big Guns.

From the Philadelphia Evening Bulletin.
Head of De1aware's new Mosquito
Control Board is named Cannon. Dela-
ware is evidently going after the pests
in q big way.
Evening star., 1934-01-04
Light and Law.

From the Detroit News.
The new theory in scientific circles
is that the speed Of light is variable.
Much also depends on the thickness Of
the statesman's skull.
Evening star., 1934-01-04

Pay cut relief is being contemplated
as a means Of building a new order OF
things on the ruins of the old salary
envelope.
Evening star., 1934-01-04

History will be compelled to record
Hugh johnson as the most eminent and
thorough business doctor that ever prac-
ticed.
Evening star., 1934-01-04
IL HERALDO, Baranquilla.-Of-
ficers of the municipal health
department visited recently dur
4 ing the course of usual buA-

~ l. HEHALDO, bdrdliqullld.~O
l. ficers of the municipal health
department visited recently dur
IL ing the course OF usual busl-
ness hours a considerable num-
Der of retail shops and market stalls
where foodstuffs are retailed, and con-
fiscated quite quantity OF animal ana
vegetable comestibles which they es-
teemed no longer suitable for human
consumption. Ocular inspection OF
various articles exposed for sale was
for the most part confirmed with
olfactory testimony. 1t Is only falr 10
saw that the conditions alleged were
disputed in many cases by purVeyors
whose patronage preferred their viandS
a little high" possibly because OF long
vitiated appetites.
one squad of inspectors visited the
cheap secondhand clothing stores IN
the Puente Narino quarter and arouno
the Plaza Ujueta, where they selzeo
upon numerous articles OF wear, suIn aas as
suits. complete and incomplete, SHOES,
hats and even some shirts, underwear
and stocks whcih we're presumed 70
have been subjected to some species OF
renovation. As in the preceding IN
stances. the materials taken had been
pronounced unfit for people to eat, SO
In this case they were declared unnt
for people to wear, either because ap,
solutelv unserviceable, or OF potential
sources of contamination and disease.
AN the property thus commandeereo
was conveyed to the courtyard IN tne
rear of the municipal health ofnces,
and there consigned to immediate de-
struction, in conformity with the DIS s.
nositions of the new law relative 10
hvgiene. which permits nothing tainted
or dilapidated to be offered for sale:
It is the intention Of the authorizes,
wisely adopted, to frustrate lnfectlons
at their source. rather than Try 70
combat them after they have gained
wider SCODe,
Evening star., 1934-01-04
lfher States and Canada
Member Of The Associated Press

The Associated Press Is exclusively entitled
to republic alton of all news dis
patches credited to it or not otheTwise cred
published herein. All rights of publication OF
special dispatches herein are also reserved.
Evening star., 1934-01-04

Aviation enthusiasts naturally assume
that instead of two cars in every gar
age there ought to be two airplanes.
Evening star., 1934-01-04
Memorial Day Urged
On November 2.

Impartial, Montevideo.-We believe
that the second day Of November
should be established as a day Of solemn
commemoration Of all our departed.
As the first day Of November Is cele-
brated In all civilized countries as the
anniversary Of the whole glorious COM
pany Of saints and martyrs. SO the
Evening star., 1934-01-04
Comparison.

"You have at all events gotten rid OF
the old-fashioned saloon"
Eyes," answered Uncle Bill Bottletop.
1.-THE dispensary Is a step toward moral
self-determinauion. Where a man used
to wait for a small tipple with hot
water and a piece Of lemon peel he's
now compelled tc go out of the dispen-
sary with at least pint and see what
happens"
"He who can speak fearlessly and
with clean conscience" said Hi Ho, the
sage Of Chinatown, sis leader Of men,
regardless Of any ambition on his part
tc be so recognized"
Evening star., 1934-01-04
Targets.

Though prominence all men will prize
In various relations.
Sometimes it may be most unwise
To seize conspicuous stations
Suppose sometimes you have to face
A crowd that jeers and jabbers.
It's better not to have q place
Among the spotlight grabbers.
Evening star., 1934-01-04

Politics is different" said Uncle
Eben. where dey used to talk about
de band wagon dey is now talkin' about
de lunch wagon"
Evening star., 1934-01-04
Night Final Edition

Night Final and Sunday Star. zoe per mont[
Night Final Star. 5oc per nnonSi
Collection made at the end of each month
Orders may be sent in by mail or telephone
National 5000,