davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-07-15
HEAVY FINANCING
OPERATIONS FACED
New Issues to Be Offered
in Next Few Days Top
S4O0, 600, 900 Mark.
BY RAIDER WINGET.

NEW YORK, July 15.-With flota-
ton of Government and corporate Sc
curities during the first six months Of
this year the highest since 1881, in
vestment firms in the current week
face what commentators believe will
be test of their ability to handle more
than $500 900 900 in securities sched-
uled for public offering.
Ten companies have completed the
20-day waiting period after registra-
ton Of their obligations with the Sc
curities and Exchange Commission and
are at liberty to offer in the next five
business days a total Of 1902 $50 900
in bonds and stocks.
Including new securities planned for
offering by municipal governments and
the $50 900, 900 issue of the Edison
Electric Illuminating Co. of Boston.
which already has passed through the
20-day period, the total Is calculated
above s40O 900 900
For the first six months Of this year
there we're about 81 900 900 900 in new
securities offered to the public, the
largest total since the first six months
of 1881.
Follows Log Jam.
For many months there had been
what investment quarters termed log
jam in the capital market. No cor
porations issued securities, mainly for
fear of liability under the securities
act Of 1888. But when large packing
company ventured successfully into the
field after the S. E. c. modified its reg
istration form, there was rush Of
others to duplicate the performance.
In an alysis of the issues. the Fitch
Publishing Co. shows rs per cent of
all securities were offered TO raise
funds to retire other issues mostly
those bearing higher rate of interest
a movment which has saved the Fed
eral Government many millions in the
last few months The remainder Of
the money raised was termed new
capital.
Corporations for the most part re-
tired old issues bearing higher rate
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-07-15

Of interest, but the bulk Of municipal
issues was for new funds, which Fitch
stated reflected largely the continu-
ing heavy expenditures for relief and
local public works"
Price Problem Different.
The outstanding problem in invest
ment circles, it has been pointed out,
Is the price at which the securities
this week will be offered to the pub
lie. Although there Is more money
available for investment than ever be-
fore in the history of American bank
ing, some quarters believe lenders
might refuse to participate should the
prices of the new securities be too
high.
The proposed offering of preferred
stock by Commercial Investment Trust
is being watched closely by bankers
and investment firms to determine the
public response. Most of the offerings
so far this year have been bonds of
various types and 1t is reported that
several deals involving stock are be-
ing held in allegiance until the reac-
tion OF the investing public to the
commercial preferred stock offering Is
determined.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-07-15
EGG QUOTATIONS
STEADY TO FIRM
Nearby Ungraded Receipts
Advance Half a Cent
on D. c. Market.

Egg quotations were steady to firm
on the Washington produce market
today. Nearby ungraded receipts ad-
vanced half a cent and some good
hennery whites brought q premium
of half cent.
Live poultry was easy at unchanged
levels. The summary with egg, live
poultry, fruit and vegetables prices.
furnished by the Department of
Agriculture, follows:
BUTTER-One- pound prints t92 score,
%; tub. Is: 1-pound prints go scorel.
e; tub tub, =; 1-pound prints $50 score'.
MEATs[Beef. 11a20; veal. 14a16; lamb,
17als; pork loins fresh. 2sa30; frozen.
25a26; fresh hams. 23a24; smoked hams.
23a25; strip bacon; 30a31; lard. l6Hali
EGGS-Market steady to firm. Prices
lac higher on nearby ungraded eggs. Some
good hennery whites bringing &c pre-
whites Whites s5Tss9t receipts snaa
and dated white eggs INCLUDING grading
and marketing cost: U: s. extras. large.
34h; U; S, extras. medium. 261a; U. s.
''1 LIVE PouLTRY0Market easy at un-
changed prices on Rock chickens. Other
classes steady. Fowl Colored pounds
and over, l5a17; under pounds a;
Lsshornsa 1Ssl5 Plymouth s n RUcss
22ka23h. Turkeys: Hens, 16a17; toms.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-07-15
A. T.&T.D|SCL0SES
NET
S50,770,112 Profit for Five
Months Equivalent to
S2.72 Per Share.
By the Associated Press.


NEW YORK. July 15.-American
Telephone & Telegraph Co. and its "a
associated telephone companies for the
five months ended May 81 had total
net income applicable to the stock OF
American Telephone Co. Of $50, TO-
112, equivalent to $2.72 a share OF
capital stock. For the corresponding
period last year the consolidated net
income was $50,045 ,062, or $3.50 a
share.
These figures, the company stated,
include its proportionate interest in
deficit of the Western Electric Co.,
manufacturing subsidiary, and in
earnings or deficits of other con-
trolled companies not consolidated.
The report of American Telephone
q Telegraph Co. only for the six
months ended June 80, subject to
minor changes when final figures for
June are available. shows net income
OF $50, 034,4 06 after charges and Fed
eral taxes, equivalent to $3.l6 a share.
For the first six months last year net
income was $6l ,9l6,697, or 1891
share.
For the quarter ended June 30 the
indicated net income of American
Telephone & Telegraph Co. only. was
$28,937, lib. equal to s155 a share,
against s30097 ,288, or s1.6l a share
in the preceding quarter and s28.-
924, 1857, or $l.55 a share in the June
quarter last year.
Walter S. Clifford, president of
American Telephone, reported that the
Bell system had a net gain Of 10000
telephones during the first six months
Of this year. as compared with net
gain of l89 900 during the correspond
ing period of 1884
The total number of toll and long
distance calls increased about IA per
cent over the first half of 1884.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-07-15
MONEY MARKET.

NEW YORK. July IS tP,.-Call money
steady: u per cent all day. Time loans
steady; 5000 days. I. offered; 40
months. J.. offered. Prime commercial
paper >. per cent, Bankers acceptances
i.ah; months Lab; 5-6 months.
asa,.. Rediscount rate New York Re-
serve Bank = per cent
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-07-15
FOREIGN MARKETS.
BY the Associated Press.

LONDON Gilt edged securities eased on
the Stock Exchange today and trading was
very Quiet due to the holiday season. In
dustrlai and oils together with trans
Atlantic shares showed q harder tendency
while other groups were easy. The closing
was dull
EERLIN.-Prices opened firm on the
Boerse although business was small The
market closed sustained after minor huc-
tuatIonS
PARIS-closed in celebration of the ma
tional holiday.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-07-15
INVESTMENT TRUSTS

NEW YORK. July IS (P,.-New York
Security Dealers Association:
CLOSING Quotations
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-07-15
Dollar Registers
Slight Recession
At Weeks Start
BY the Associated Press,

BY the Assoclated Press.
Most foreign currencies ruled little
better than steady against the dollar
in world exchange dealings today.
In London the dollar was a shade
lower at s4.96 Lie to the pound ster-
ling, while later in New York the
pound advanced "a of a cent at
$46914.
Dealings were suspended in Paris in
observance Of the national holiday, but
in New York the French franc edged
up .00hs of cent at $685. cents.
The guilder declined from oil Of a
cent in the American market at So. %
cents, while Swiss francs lifted .02 OF
q cent at 32.78 cents.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-07-15
CURB LIST MOVES
TO HIGHER LEVELS
Specialties and Metals
Stage Modest Advance
With Industrial Issues.

BY the Associated Press.
NEW YORK, July 15.-Curb mar
ket stocks worked modestly higher
today under leadership of specialties,
metals and industrial shares.
Utilities were trifle irregular and
oil stocks we're neglected and showed
little change in either direction.
Trading was fairly active.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-07-15
STEEL QUOTATIONS.

NEW YORK july Is (P-Steel prices
per 100 pounds. FOE Pittsburgh: Blue
annealed sheets. hot rolled. 90; Ralvan-
lied sheets. 81 q: black sheets. hot rolled
HAIRS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-07-15
FREIGHT LOADINGS.

NEW YORK. July Is IPi-Revenue
freight carloadings on railroads reporting
today for week ended July IL included:
Week Previous Last
July IL. week wear
Baltimore & Ohio 33,61q 2n511 Sa.s6I
So MIA Fe - pas - .313 $685.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-07-15
FOREIGN BONDS.
Stock and Sales

ww-With warrants xw-Without
warrants. New. wi-When issued.
st tstpl-Stamped.
sNegotiability impaired by maturity.
Companies reported in receivership.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-07-15
INSURANCE STOCKS

NEW. YORK July IS P.-New York
Security Dealers Association:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-07-15

Distillers Co, Ltd.-Profit for fiscal
year ended May IS. was f22l2.133 VS.
f2.140.622 in year ended May IS, 1884
Imperial Valley press., 1935-10-28
behind the Scenes
!" WosIh'ii1msgg h i1sg.t gtqm o'14,u..
By RODNEY BUTCHER

WASHINGTON-If HUey
still alive the session OF
uncomfortable Senator Dennis Chavez
A a position
Portable right New Mexico must have
that the relations amiable. The this
Department
appointed killed
crash subsequently
Cuttings secretary his director Of personnel Much to the disgust OF
Chavez appearing
cratic
in Republican politics He Puryears
That put the valiant ckes who likes Puryear mis- ability
than the spot.
submitted which the
publican National Committee offering William
Wghtman Phillips 500 week for political publicity ew Mexico
which the the satisfactory
Phillips, c. which Chavez
ably would be glad contribute something
The memo was signed by typewriter with the letter p (Which Chavez
o
nvestga-
the
opuaet he found could have
IN Puryears office.
Of
said wasn't the
mitlee officials snoteo at the documents a fake"
Then the Claws euths located Phillips BY remarkable coincidence
Phillips living the
home Phillips sortof hangou
Phillips didn't
him He had had couple telephone calls who
MARTINEZ him show which
he did.
Another possible
candidate for Republican National Committee turned
the Of completely exoneratec
his director OF personnel
Imperial Valley press., 1935-10-28
BREWERS SLATE
BEER CAMPAIGN
IN DRY BATTLE

LOS ANGELES, Oct. %. {U.P)-The
"drys," is seems, are all Wrong-beer
is not an Intoxicating drink.
American brewers, closing their
annual session. launched a campaign
to prove to the American public that
beer won't make you drunk-if you
don't drink too much-and also to
carry the fight for beer to the front
door of the anti-saloonerS.
A resolution, introduced by Dr..
Robert SchWarz, president of the
Brewers Academy, and adopted by
the convention. declared that
whereas our common enemy has be-
gun an organized attack on the hon
or and integrity of our industry by
reckless untruthS, insidious innuen-
do and dishonest propaganda, be it
resolved the industry meet the at
tack on the four square of truth,
temperance, law obedience and So
Cial progress
Brewery workers will be enlist
ed" for the attack on the "drys," DR..
SchWarz said after the convention
passed his resolution.
Imperial Valley press., 1935-10-28
SISTERS BEFORE
MAST in SEEING
WORLD CHEAPLY

VANCOUVER, B. c., Oct. %. UP
An attempt to work their way
around the world in ships is be-
ing made by two young Vancouver
sisters.
They are Clara NJ. Wilson, a
school teacher, and Katherine,
stenographer. They started out on
the first lap of their journey abroad
the British freighter Harmatris, on
which they signed as members Of
the crew, early last month. The
Harmatris will take them TO sgd
ney, N. S. w.
From Sydney they hope to catch
a boat to India or the west coast
of Australia, work their way to
South Africa and up the east coast
Of Africa, and then go through
Europe and England. returning by
New York and Montreal.
The sisters said they had no spe-
cial motive for undertaking the
adventure, except for the desire to
"see the world
Imperial Valley press., 1935-10-28
Leicester Wagner
Strolls Thru HOLLYWOOD

HOLLYWOOD, Oct. 28 UP
Jack Oallie without his arm around
the waist of a pretty girl isn't Jack
Oakie. It's someone else, for Jack is
a connoisseur of beauty and femi-
nine charm.
An esteemed scientist having de-
termined that each kiss shortenS life
at least three minutes, I decided
that Oakie was the proper person to
approach for the real loW-doWn.
He was in the proper setting for
such a diScussion-surrounded by
chorus girls working with him in
collegiate"
Can't Be Right
Why" said Oakie, ''if that scien-
tist was right, Oakie would have
been dead years ago. But here 1 am,
so he can't be right.
Look here" The Oakie person
demonstrated. He grasped Kather-
inc Hankin by the arm. Wen stage
a demonstration Hank, would you
mind placing a busk upon my man
ly brow See? No i'll effects.
katherine, you see, is a brunette
Now Dorothy Dayton, here, is a
blonde Well test her super-charg
ing powers.
Dorothy obliged. Jack didn't turn
a hair.
1T Just goes to show" he said
that science has everything back
wards again. Each kiss addS-not
Subtracts-three minutes to a mans
life. 1 figure at the rate I'm going
now, I'll outdo Methuselah." l."
Science Was Right
Oakie then eyed Marjorie Adams
a titian-haired beauty.
"Marge," said Oakie grandly. How
about aiding the experiment."
Miss Adams agreed in the inter-
ests of science Oakie changed color
twice and gasped.
I've changed my mind" said the
Oakie person. Science was right
but they forgot to say they were
talking about redheadS."
Here and There
Jan Kiepura, the temperamental
Pole, takes his lunch to the studio
each day because he doesn't want
to meet the stars. The reason
Jan was introduced to Mae West.
I'm glad to know you" gushed
Mae What have you been doing
lately?"
1--WE been singing in operas in
Europe" Ventured Jan.
Did you ever make pictures?"
Jan began to do a "slow burn. "
What, you no saw me in BE Mine
Tonight?'
You ought to do good in pictures,
said Mae. you've got a nice face. u
Then Around
John M Stahl has finished di-
recting Magnificent Obsession" af-
ter so days of shooting. Around the
Universal lot, they call it THE Mag
nificent Stahl."
And About
James Cagney, who has the lead
Imperial Valley press., 1935-10-28
Bed>T Tinoe Stories
By
HOWARD E.
GARRIS

"Wiggy, do you mind moving that
picture again?"
why, no, my dear answered
the bunny gentleman patient like
Where do you want it now?"
Try 1t There"
Il think over the little chair in
stead of the big chair will be bet
ter" she said. TRY it there"
Again Uncle Wiggily got the step
ladder and moved the picture. He
was a little tired. but he didn't
min that and when he had put it on
nail over the little chair he sat
down to admire it, and so did his
wife.
ITS just lovely there" she said.
But after looking at it for some
time with one eye squinted she
said: I'm afraid it is in too bright
light there. Would you mind,
Wiggy, dear, moving the picture to
the wall over the china closet? Just
move it again, please, if you don't
mind
All of a sudden Uncle Wigglly put
en- his hat. He got his wife's hat
and put that on her. Then he said:
Come on, my dear"
why, where are you taking me?'
asked the rabbit lady
u am taking you to see some real
moving picture that l don't have to
change said the rabbit gentleman
with a laugh. Lets go to moving
picture theater."
"Oh. how sweet of you" exciaim-
ed his wife And when she came
back from the movies she was
thinking so much about the picture
she had seen there she didn't want
the painting changed again. So
her husband was glad. And if
the telephone doesn't call the fire
engine to cook the radios orange
juice. I'll tell you next about Uncle
Wiggily's traffic lights.
Imperial Valley press., 1935-10-28
IDAHO CITIZENS
GIVE SCHOLARSHIP

KELLOGG, Idaho Oct. %. UP
Some Kellogg student will receive a
$500 scholarship to University OF
Idaho each year through the Kel-
logg University Booster Club.
The scholarship, raised by popu-
lar subscription, will provide the stu
dent with 500 when ne or she enters
school and S62.50 monthly there
after. Only requirement will be TO
remain in school and not hold pay
ing job in competition with another
student.
The high school faculty will name
five outstanding members of the SEN
ior class each year. ToWnsmen will
purchase votes for their favorite
candidate at $100 per vote.
Imperial Valley press., 1935-10-28

ing role in Ceiling Zero" has taken
up glider lessons Down at the Santa
Ana airport he climbs into a glider,
lets an automobile tow it 20 feet
into the air, and then scars grace
fully to earth. He thinks he might
take up aviation someday.
Joan Blondell and George Barnes,
recently divorced, are patching
things up . Victor McLaglen gave
Freddie Bartholomew a handsome
saddle horse . Jan Kiepura, even
as you and I, likes to sing in the
bath tub. Or don't you? Be-
cause the title "Snatched" was ban
ned by the Hays office, goth Century
Fox will call its kidnap picture
SHOW Them No Mercy" which
sounds family like Let Elm Have
It."
Imperial Valley press., 1935-10-28
Copyright 1885
by Mcclure
Syndicate
UNCLE WIGGLY'S MOVING
PICTURE

Once upon a time when Uncle
Wiggily was hopping past a store,
he saw IN the window a beautifully
painted picture of a woodland
scene. with flowers growing on the
edges. White clouds were floating
in the blue sky of the picture. like
tiny ships, and birds were flying
over the trees.
III buy that picture and take it
home to my wife said the rabbit
gentleman to himself She loves
pictures as much as I do. When
it is hanging on the wall I can look
at it in the evening and pretend
I am hopping on an adventure
When Mr. Longears reached his
hollow stump bungalow with the
picture. just as he expected, his
wife like it very much.
1T is a beautiful painting, Wig
gy." said the rabbit lady. 1t will
brighten up our bungalow. Not
that it needs much Frightening, :
she said with a laugh. Your pink
twinkling nose does that beautiful
ly But I love pictures.
Where shall l hang it for you?"
asked Mr. Longears.
Above the Fireplace
Over the mantel of the fire
place said Mrs. Longears Then
when we sit before the blazing logs
on a Winter night we can look at
the picture and think of Summer"
So Uncle Wiggily hung the pic
ture over the mantel and he and
his wife sat down to admire it.
After a while Mrs. Longears said:
"Wiggy, would you mind moving
that picture?'
Imperial Valley press., 1935-10-28
CORDELL HULL, UNCLE SAN
AND THE LEAGUE OF NATIONS

Cordell Hull. Uncle Sans genial sec
retary Of state, has extended his coun-
try'S blessings to the League of Nations
in its efforts to preserve the peace of Eur
ope. but politely indicated that the pos
ition of the United States is that SO forci-
bly, expressed by its people when their
representatives so overwhelmingly voted
to remain free of the World Court, back
door to The league. Mr. Hull could have
done little else
When the World War debts were re-
pudiated by the nations of Europe, AM
orleans witnessed the last stage of a
series of European diplomatic maneuv-
ers with their beginnings in the dark
days before the war. Uncle Sam was not
SO wise in 1914 and 191S-his own diplo-
matte honor led him to believe that the
proteStatlOnS of Europe were in good
faith. American youths and men were
offered up as human sacrifices on the
altar of that belief American fortunes
went into the Golfers of European war
lords, never to return. America Joined
the rest of the world in laying the found
alton for the postwar depression, from
which this nation has barely emerged.
Once again the willy diplomats of Great
Britain. who have leaped into control of
league councils through exercise of their
age old diplOmacies, seek the utterances
of words which will definitely align the
United State with the great powers of
Europe in a campaign against the trans
gressions of Benito Mussoini. The
league, as always. covets the power Of
America in its ranks. Were America to
grant the desire of the league, this ma
tion would be ineXtricably entangled with
the international jealOusies of the con-
tinent, iealousies which lead directly or
indirectly to every political maneuver in
Europe America has no interest in
those preiudices.
The League of Nations, in the Afro
Italian controversy, has demonstrated
more than ever that it is devoted not to
an unselfish desire for peace throughout
the world, but that its actions are dom
mated by the crOsS-currentS of power,
colonization and prejudice. 1t would
keep the strong strong and the weak
weak More than working for peace, it
is working to maintain the status quo of
Europe, Dominated by the larger ma
tions, it could not be otherwise.
The league is interested primarily in
Europe When Japan sent its armies in
to Manchukuo, there was no violent pro-
t,st. When war trampled over the Gran
Chaco in South America, it ran its course
with only a gesture from the league
America is wise in refusing, at this
time, to Join the checker game of power
that is the league Of nations
Imperial Valley press., 1935-10-28
CLEAN FIRE HOUSE
AS HOAX PAYMENT

WALTHAM, Mass, Oct. %. (U.P)-
The fire stations interior and ex-
terror are spic and span, thanks to
four temporary firemen.
Leland Johnson, Miles Page, AL
len Stephenson and Eugene Wild,
each II years old, were sentenced TO
hard labor in the fire station after
being convicted of sounding a false
alarm.
Imperial Valley press., 1935-10-28
EDITORIAL PAGE
MONDAY,
OCTOBER %. 1885
HELP BUILD CHARACTER
IN YOUR COMMUNITY

No person who is a part of the COM
plex machinery of modern day ciVillza-
ton is sufficient unto himself. In COM
mon with other governments the world
over. the United States has given official
recognition of the responsibility of socl-
ETY. for the welfare of each of its lndlvld-
ual units, recognition which has merlted
just criticism and been the object of un-
Just attack The very magnitude Of the
federal governments relief program has
made it a cold booded business prOpoS-
ition, the aim of which is to provide
food and shelter for those who, through
no fault of their own, are not able to
provide for themselves. In such an un-
dertaking. naturally. there are many VINO
benefit when they should not, but their
presence has been an unavoidable evil
not tolerated once it Is discovered.
Because federal relief is undertaken
on such a large scale. and because 1t
deals only with those supposedly in alb
iect need of food and shelter, it has Of
necessity overlooked the most important
factor in building toward a greater fu-
ture Americas future does not rest as
much on outright relief as on develop
ment of character in its citizens, present
and future. No man can sit in Washing
ton and mould the character of the ma
ton. Character building beginning in
the home. reaches its apex in commun-
ity endeavor.
Each member of the community bears
a share of responsibility for the char
acter of his community. If that char
acter is on a low plane, he cannot justly
say that it is none of his fault. If the
plane is high, he deserves a measure Of
the credit.
Through the Ell Centro Coordinating
council, an organization of all service
clubs and public organizations, citizens
of Ell Centro, beginning today, will have
an opportunity to join individually in
promoting the welfare of their commun-
ity by subscribing to the character build
ing drive carried on Jointly for the Boy
Scouts, Girl Reserves, Campfire Girls,
Nipass Health camp and the American
Red Cross To subscribe to this worthy
campaign is privilege and duty each
member of the community should feel
deeply. Nor is it as though we, as indl-
viduals are helping someone else. In
building the character of the communi-
ty, We are helping ourselves, more than
we are helping those other persons.
Every person who is in a position to
do so should carry his share Of the re-
sponsibility from which there is no es-
cape in conscience or fact for the person
who lives here, and takes pride in his
friends and neighbors Those who are
taking an active hand in the character
building drive are not asking for funds
they are extending the privilege Of
making this better place to live.