davidaulloa/AmericanStories huggingface dataset:
Evening star., 1936-02-12

DUB R recoTdsd y5fas 81 ibeT ssFsn So $50 foo sos
Ell SEQ. OF the land records of the DISTRICT
OF Columbia. and at the request OF me
PaTS rasee SsfhFse T se ihes at Dabc @ auction IN
Of premises 54OO Sixteenth Street. on
MONDAY THE THIRD DAY OF FEB,
RUARY AID. 1896. AT THREE OCLOCkS
premises, situate in the District Of Col1m-
bia. and designated as and being lot 80 IN
the combination made by Kennedy, Broth
ers. Incorporated OF lots in block, s.
Liber e, folio 1853 Of the records = the
Office of the surveyor OF the District OF
Columbia Also al all q lot 100 IN 5ae com m
ian Hill" as per plat recorded in Lioer
Sc folio 16 of the aforesaid surveyor
ONCE records excepting the part thereof
condemned and taken for alley purpoSes
1895 in the Supreme Court of the District
u Terms Of sale: Not less than one-third
Of the purchase money to be paid in cash:
in one and two years with interest at pa
per centum per annum, payable semi.
annually from day Of sale. secured by nrSt
deed Of trust upon the property sold, or
A deposit Of SOS 900 in cash or certified
check will be required at time OF SAFE
Examination OF title all conveyanctnE, re.
cording revenue stamps; etc, at cost o.
with within 80 days from day of sale.
otherwise the trustee reserves the ,rlsht
to resell the property at the risk and cost
Of defaultinE purchaser. after flve DAYS
advertisement Of such resale in some news
paper published in WASHINGTON. D. c.
NATIONAL SAVINGS AND
TRUST COMPANY, Trustee.
President
Evening star., 1936-02-12
NEUTRALITY-SUSPICIOUS..
NEUTRALITY-SUSPICIOUS..

TWO ROOMS, PRIVATE BATH. FRONT
porch. pantry. two closets. S35; couple.
Phone Clarendon 1917.
Evening star., 1936-02-12
WANTED LOTS.

WANTED LOTS.
WANTED TO RENT-FENCED STORAGE
yard for trucks; over 5000 So it., with
small Office. Phone North 6G42.
WILL TRADE SIx-ROOM. BATH BRICK
house. subject to $3.50 trust. rented for
500 mo-, for vacant ground.
LEO V. GLORIUS.
Job 18th ST. NV. District 1895.
Evening star., 1936-02-12
ST. .550-NORIHEAsT

-FOUR BEDROOM HOUSE.
Practically new modern in every detail:
vacant and refinshed like new; good. big
rooms. including 4 bed rooms: hardwood
fioors and trim, hot-Water heat; big. wide
porcheS. bright cellar. garage. Convenient
to stores and transportation, surrounded by
nice homes. in a strictly white section,
and the price made extremely low to sell
R Nj HOOKER Metropolitan o663
NOT JUST A HOUSE, BUT A HOME.
Cape Cod home: bed room and bath on
first floor: > bed rooms. bath on second
weather stripped, screened large cellar.
beautifully finished recreation room. CO.
lonial front porch lot 50Xl 30 feet. lear
brick garage and priced under $1,000.
You will never duplicate this home at price.
To inspect. phone for appt; Excellent sec
ton of city. EVENINGS. Columbia 500.
WAPLE & JAMES. INC.
1924 14th St NV. District 3347.
$3.50 CASH $3.50 MONTHLY.
Near Grant Circle d rooms, brick re-
frigeration, porches, garage. Bargain.
Phone Georgia $500.
S595O-SEMI- DETACHED. RMS. BATH.
electric refrigeratton and garage: new
house condition. Near 9th and 'Ritten-
house SITS. NV.
S7950-New mi-bungalow. s rooms:
first floor rooms on second noor; gas
heat, gas refrigeration and built-in garage;
very wide lot. Best northwest location.
CAPITOL HILL.
$40 a50-On wide avenue close TO park.
- block TO car line Semi-detached brick.
bed rooms, tiled bath and garage. Terms.
Evening star., 1936-02-12

1860 Clydesdale Pl NV
FRIGIDAIRE CURRENT FREE
Two-blocks north of 18th and Columbia
I'd Reception hall living room with
Murph bed. bed room. dinette. Kitchen.
tiled bath, built-in tub and shower. Avail
able February ] ;.
I4n4 ( CAFRITZ. Dist aOSO.
Evening star., 1936-02-12

iSeall Attest
z PERCIVAL WILSON.
ta6-d&ds,eXSu Secretary.
Evening star., 1936-02-12

WOODBRIDGE. D. c.
oil Bunker Hill rd. n.e.-A new Cape
Cod cottage with screened porch and brick
garage: wide lot on through street. Fin
ished in hardwood throughout. Priced
$500 below the market
4911 "2nd st. n.e.-The last Of these
large brick bungalows with foored atticS;
garage. fireplace. screens electric re-
frigeration. $50 down. S55 month.
Used houses at low prices and on easy
WOODBRIDGE REALTY CO.
o377 R l. Ave. NE North 79O3.
I HAVE FOR SALE IN Sc. SECTION 3
houses. also one in ne: prices. $3.50 TO
So 500: property clear h.-w h. electricity
etc. An opportunity for cheap home or
investment Phone Mr.. Guiffre Metro
politan 3S27 F ELIOT MIDDLETON.
:O5 Investment Bldg.
s.. 7.95O-MARTETTA PARK-7-ROOM AND
bath practically new home. Vacant and in
new-houSe condition. FLOYD z. DAVIS
co phone National O35o
Evening star., 1936-02-12
WANTED-MONEY.
REAL ESTATE LOANS.

LARGE CONSTRUCTION; ALSO I5-YEAR
loan; funds ample: apt. houses etc MER-
CHANTS REALTY & FINANCE CO., Co.
lumbia 1865.
5000. REPAY S1.5O WK: $500 REPAY
$3.50 wk.: 500. repay So 80 wk.; 5000,
repay 81 so wk WEST & WEST. success
sors TO DR.. A. Henry, Inc. l0l6 Eve 81. NV.
MONEY TO LOAN ON D C. REAL ESTATE
at lowest prices; prompt service. JESSE
l.. HEISKELL. Ills Eye st. NV.
Evening star., 1936-02-12

WOODBRIDGE, D. c.
electricity furnished SO month. Avail
able February J ..
LOUIS H. HALL,
1904 oath St. NE. Potomac o02l,-
1914 EMERSON ST. NV.
Q rooms bath h-w.h., electric re- oo
frigeration. garage
4511 RIDGE ST. BETHESDA, MD.
6 rooms bath INV h., electric re-
frigeration. GARAGE age-------------NeO.
Evening star., 1936-02-12
(Seall Attest:
A. H. SHILLTNGTON,
Assistant Secretary.
THOS- j. OWEN & son, AUCTIONEERS,
I43l EYE ST. NV.

UsTEE's SALE OF VALUABLE REAL
ESTATE. IMPROVED BY LARGE
SEVEN STORY CONCRETE AND
BRICK APARTMENT HOUSE. CON
TANNING 10 APARTMENTS. KNOWN
AS PREMISES 24OO SIXTEENTH
STREET NORTHWEST; ALSO THREE
STORY CONCRETE AND BRlCk
APARTMENT HOUSE CONTAINING
NINE APARTMENTS AND CAPACITY
FOR APPROXIMATELY 300 AUTO
MOBILES KNOWN AS PREMISES
1910 KALORAMA ROAD NORTH
Evening star., 1936-02-12
Detached-S6 45O-Brick.

New. rooms and bath. fireplace, con-
crete porch; lot 40x105; located in all
white, restricted section: only Is minutes
TO Government buildings. "a block from
bus line Terms like rent. To inspect,
call Potomac 6U21.
Evening star., 1936-02-12
WANTED TO BUY-HOUSES.
WANTED-REAL ESTATE

WANTED-LISTINGS
We solicit your listing of property that
is priced to sell at preSent-day prices.
Each property will be personally inspected.
REALTY ASSOCIATES. INC.
Results Since 1929"
1906 K St. NV. National 1899.
IMMEDIATE CASH FOR REAL ESTATE.
white or coIored large or small properties,
regardless OF condition. Address Box
2S1-R Star ofice.
Evening star., 1936-02-12
NEAR SOTDTERS HOME

S6.250. terms. Six rooms. bath. glass
inclosed rear porches concrete front porch
h. w h., oil burner eec: refrigerator. Gear
garage Will be redecorated at this price
Call Mr. BOAZ at National l439; evenings
Evening star., 1936-02-12
HOUsES-FURNISHED.

DOWNTOWN ROOMS. KIT. RECEP-
| tion hall and bath. refrigeration. Address
! Box 49l-R. Star office.
Evening star., 1936-02-12
SALE-HOUSES.

A BUNGALOW, EXCELLENT SECTION
Woodridge D. C., near transportation.
schools and stores. 5 rooms. bath. screen;
rooms on md floor: oil heat nice lot. de-
tached garage. 81 $50; small cash and
monthly payments less than rent. Call
Evening star., 1936-02-12
BARGAIN.

600 BLOCK F ST. NE.
1S-foot-wide brick. containing rooms.
hot-water heat, Kitchens: suitable for
two families; deep yard, garage for two
cars, Houses in the block seldom on
market Owner must sell. Price very low.
on terms. Call MR.. GUIFFRE. Met. 2S27;
+. ELIOT MIDDLETON, 205 Investment
Evening star., 1936-02-12
NEW AMERICAN HLME5 IN
ROLLINGWOOD.

Adjoining Rock Creek Park at Beach
drive and Leland st.-Beautiful detached
homes on large wooded lots; > and bed
rooms, 2 baths. firSt-foor library. base
ment lounge maids room and bath. built
in 2-car garage. Open daily l to d. Sun
day $50 am. to $3.50 pm.
WAVERLY TAYLOR, INC,
1890 X st National lO4O,
Evening star., 1936-02-12
RENT S65
THE BROADMOOR
FRONT APARTMENT

1901 CONN. AVE. NV
Living room, bed room junior dining
room. kitchen, bath and inclosed porch.
Phone Cleveland 5000
Evening star., 1936-02-12
SALE INVESTMENT PROPERTY

DnOne, SeCreJarial SERVICES OptlO0Als Ieh>
sonable. Address Box 3S6-R. Star office.
13s
SALE - INVESTMENT PROPERTY.
81. .0O0-sTORE AND 4-RoOM AND BATH
apt, good condition Georgia ave.
and Irving st. Rented 500 month.
FLOYD z. DAVIS CO. Natl. 0352.
INCOME WITH SAFETY.
S4,250-Corner brick. all modern improve
ments: rented $40.76 peS month.
S3.550-Comorteble Groom and bath
brick recently papered and paint
ed; rented $50 30 per month.
CALI, Mr. FISCHER, with
BOSS a. PHELPS
14I7 X St. NV. National $500.
GOOD INCOME WITH SAFETY.
So. .l50--Six-room brick in good northwest
rental section: rented at $3.50 per
month. $3.50 cash. balance In one
trust for three years.
$40 750-Modern two-story. four-family
nat; each apt. has separate gas fur
mace; splendid condition; good white
neighborhood. Income, Sl41 per month.
S14 .500-Three brick stores. with four
room and bath apis. above, near busy
corner in northwest: hot-water heat in
each building. tenants pay own ex.
penses. Leased at a total rental OF
$3.50 per year. For sale at this low
figure to settle estate.
SHANNON & LUCHs CO,
1S0S ST N w NATIONAL 0345
Evening star., 1936-02-12
RENT-DESK SPACE.

DESK SPACE IN Law OFFICE: TELF-
phone. secretarial services optional: rea.
sonable. Address Box 3S6-R. Star ofice
Evening star., 1936-02-12
FOUR STORES

AND APTS. on main business artery:
near large Govt institutions: hot-water
heat: property in good condition; deep lot
to wide alley: concrete garages; rented
dow for approx. 81 500 yearly; only ST. 500
cash required to purchase equity. subject to
building association loan; priced Sl5.000
under assessed valuation; shows large net
return. Call MR.. DREW Met 2S21 F.
ELIOT MIDDLETON, 2O5 Investment Bldg.
Evening star., 1936-02-12

AUCTION SALES-TOMORROw.
Evening star., 1936-02-12
SALE--HOUSES.
HERE'S A BARGAIN,

9 rooms. 2 screened porches, all in new
house condition: hardwood floors through
out. tile bath. garage; close to car line.
stores. etc Price. S6.450; terms of S640
cash. balance like rent. Call owners rep
resentative. District 5000 or Georgia 03s9.
Evening star., 1936-02-12

AMERICAN U. PARK-Sl .O5O: 5OXSO AND
others; choicest home sites in Washington.
Columbia 3SHh
The Washington times., 1936-07-23

Mems 79c to 100
POLO SHIRTS
Super Specials at.


Loop, gaucho, one az
and three button T.
styles, in white,
brown, maize or u
blue. Perfect quality. Small,
medium and large sizes.
(17D MEMS SHIRTS, COL <A
lar attached and neckband 09G
styles. 1873 to 200 values.
(3l) MEMS UNION SUITS, ~
ribbed, in short sleeve sum- aye
mer weight. 100 value.
(s4) MEMS STRAW HATS, 40
soft or sailor style. Broken S6G
sizes. LES value ........
(2s) MEMS STRAW HATS, RI
sailor styles. $50 &c
Value
(14) MEMS GENUINE q RI
PANAMA HATS, 3.4S .O9
Value ...................
(12) MEMS OvERALLS, ~
JUMPERS, DUNGAREES. hSE
100 to 1.49 values ...,..... Wv
(6S) MEMS PAJAMAS q -
WITH KNIT TOPS, short ~
sleeve styles. $1.95 value.
DAD Prs. MEMS SOCKS, -
Monita and other brands. SR
Broken sizes. ...............
(12) MEMS POLO SHIRTS, -
small sizes only. 100 W
Value
; &; Ss;s: "S sssE Eve: iSs SOC
Il! :a5 $ !: 1i3 FL 4; : ;siss SOC
Goldenberg'S-MGin Floor
The Washington times., 1936-07-23

; -: &C.; g; 81; Z: !: 800
and greys. Broken sizes.
(12) Prs. MEMS PANTS, ~
slightly soiled. 100 and ZSG
1.29 values ..............
(1D HOT WEATHER SUITS, tropical
worsteds, in broken q AE
sizes. ISIS DID
values ...............
(I76) MEMS WASH STACKS, sanfor-
lied and preshrunk. Full 20
cut with, side buckles. 01C
Sizes 20 to 46. 1.19 values
(6s) PRS. MEMS WORK PANTS, in
blue, tan and grey. Size
A waist ! only. liz fG
Valu0 ..............'
(5) MEMS SPORT COATS, in tan and
black and white checks. = m
sizes IS to 81. sos 0.UU
Valu0 .................
(1OO) MEMS WASH SUITS, sanfor-
lied in white, grey and = "a
tan. Sizes IS to 46. 9.S9
SOS values. ............
(I3O) MEMS HOT WEATHER
SUITS, all wool tropicals, dRT
crashes and flannels. $1S d
values ....................
GoIdenberg'S-MGin Floor
Just $50 WOnlen'S
The Washington times., 1936-07-23
CHIFFON WOLFE
DRESSES
1.95 Value

S.; ): $; :: ~: =, ; !: s: e: 19
Of patterns. ~O
(3S) SUMMER DRESSES, in crepes
q n .acetates. Pastel
shades and prints. Bro At
ken sizes IA to 48. 2.99 ~
(22) SUMMER DRESSES, sheers,
crepes and chiffons in - N3
broken sizes and colors. ZoSE
5.95 value ..............
(33) SUMMER DRESSES, in fine
crepes, printed chiffons = At
and acetates. Brok en-
sizes IA to As. TBS values
Goldenberg'S-SecoId Floor
Just 125 Pieces For
FridnUl
The Washington times., 1936-07-23
CHILDREN'S
WEARABLES
Made to Sell for sec

Dresses, Sun Suits, - N
Play Toys and A1M .
Rayon Taffeta Slips Z~G
in broken sizes.
(3OO) BOYS CROSS BAR 49,
UNIONSUITS, sizes 4 to &c
IL. soc value ..........
(6OO) TOTS PLAY TOGS, ~
also play pajamas. Sizes OE
to 6. acc value. ........
(3OO) BOYS BROADCLOTH SUITS,
sleeveless and short sleeve o.
styles. Sizes to 8. sec &c
and 79c values. ..........
(2OO) GIRLS DRESSES, no.
sample lots in sizes to S0G
16. 1.05 values .....
(6OO) INFANTS RUBBER ~
PANTS, small, medium and UE
large sizes. 29c values.
(3OO) GIRLS POLO
SHIRTS AND STACKS, a.
terry cloth. Sizes to 16 &c
81 90 value .............
(3OO) GIRLS BATISTE Pa 90
JAMAS, sizes 4 to IL. sec 0G
VaIue ..."......S.....
(25O) INFANTS DRESSES, hand
made and hand en- = a.
broidered. Sizes to 2. for 0
sec values ............
GoLdenberg'S-Second Floor
Evening star., 1936-05-28
OIL GROUP DIVIDENDS
PUT AT $94,
Standards Half of 1886 Far
Ahead of 1885, Gain of
Is Per Cent.

BY int AkS0ClhLeQ EreSS.
NEW YORK, May 28.-Aggregate
cash dividend payments by the COM
panies OF the Standard Oil group In
the first half Of 1886 are estimated at
$94, ,484, ,839. compared with S8l ,944, ,223
in the first half of 1885. an increase
of approximately Is per cent and the
largest for any similar period since
1881, according to figures compiled
by a local investment house.
Total disbursements for the second
quarter are estimated at S74,552.75
compared with s63, 1921 .4s6 in the sec
ond quarter of 1885, while first quar-
ter payments this year totalled S19,-
932, ,08S, compared with sl8,122,737 in
the corresponding quarter of last
year. The large difference between
first and second quarter payments re-
fleets the fact that several of the
larger members of the group are on
a scmi-annual dividend basis with
payments being made in the second
and fourth quarters
Increased payments by Standard
Oil Co. of New jersey, Standard Oil
Co. of Indiana, Standard Oil Co. OF
California, Ohio Oil Co.. South Penn
Oil Co., South West Pennsylvania
Pipe Lines and Indiana Pipe Line Co.,
account for the larger aggregate dis
bursements this quarter when COM
pared with the corresponding period
of last year.
Evening star., 1936-05-28
REPUBLIC STEEL
VOTES 100000
Plant Improvement to Be
Made-ReguIar $1.50
Dividend Allowed.
By the Associated Press.

By the Associated Press.
CLEVELAND, May 2s.-Directors Of
Republic Steel Corp. have authorized
expenditure of 100000 for plant i'm
provement and declared the regular
quarterly dividend of $3.50 a share on
its per cent cumulative convertible
prior preference stock, series A.
The dividend is payable July / to
stockholders of record June IL. The
improvements include:
In the wn-Warren district,
$3.50, 900 for increasing the finishing
capacity of its electric weld tube mills
and s65,000 for minor improvements.
Facilities for increased production
Of coated sheets at Canton, Ohio. and
of stainless steel strip at Massillon, at
cost of 100000.
Improvements to the Buffalo OPEN
hearth plant. s74.00o. Additions and
equipment for the Truscon plant In
Cleveland. $4,000.
Minor improvements for plants Of
Steel & Tubes. Inc, at Cleveland and
Elyria. Ohio: for the blast furnace at
Birmingham and for the Northern ore
mines.
Evening star., 1936-05-28
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, May 27.-The follow
ing is today's summary Of corporation
news prepared by Standard Statistics
Co., Inc. New York.
National Lead Co.-Declared an ini-
tial quarterly dividend of 121a cents
on the new $40 par common stock;
this payment equaled the SIS share
yearly rate on the old common, which
recently was split 10 shares for one
share.
Celluloid Corp.-Declared dividend
Of 50 on account of accumulations on
81 first preferred stock; giving effect
to this distribution, arrears on this
issue amounted to s34.50 share.
Crosley Radio Corp-Declared a
dividend Of so cents on common stock;
on July l, 1885, a dividend of IS cents
a share was paid on this issue; presi-
dent stated that while the dividend
did not establish q regular policy he
was hopeful that additional disburse-
ments could be made sooner.
Wick Financial Corp.-Declared a
dividend of Is cents on common
stock; on December 20, 1885, semi
annual dividend of ia cents share
and an extra dividend Of az cents
share were paid on this issue.
Crown Cork g. Seal Co.-Company
proposes to reduce its authorized capt.
tai stock by 145,000 shares Of S2.7O
preferred stock, creation Of 225,00C
shares Of S2.25 cumulative no par pre-
ferred stock and increase by 40,481
shares of common stock; stockholders
will vote on proposed changes at meet
ing on June Is.
Smith Il. c. & Corona Typewriters
Inc.-Company filed a registration
statement with Securities and Ex.
change Commission covering S1.750.-
900 Az per cent debentures with war
rants attached.
Lion Oil Refining Co.-Net income
before Federal taxes, four months
ended April 80 was s151, ,807, equal to
81 cents a common share, VS.. deficit OF
s162,883
Consolidated Aircraft Corp.-March
quarter common share earnings were
] cent.
General Motors Corp.-Work ha.
been begun on a s1,0o0,000 addition
to company's research laboratorie:
building.
Crane Co. declared dividend o.
SITS on per cent preferred stocl
on account of accumulations; giving
effect to this distribution, arrears or
this issue amounted to s22 as share
Wesson Oil & Snowdrift Co, Inc.
declared dividend of 1919 cents anc
an extra dividend of 37l2 cents or
common stock; on April 1, 1896, q
similar extra dividend was paid or
| this issue.
Evening star., 1936-05-28
STRENGTH SHOWN
IN OIL BUSINESS
Ability to Regulate Supply
Observation-Disclosures to
Cut 5 Per Cent.
Ry the Associate Press.

BY the Associated Press.
TULSA, Okla, May 2s.-Ou men
were treasured today by further evi-
dence of ability to regulate supply
to meet demand and the general tone
Of the oil business was good.
Although the Nation again pro-
duced over the 5000. .000-barrel daily
mark-a new record set last week
confidence was restored by quick moves
among producers to keep the supply Of
crude from getting out of hand.
Oklahoma operators agreed among
themselves on a 5 per cent reduction
in June allowables below the Bureau
Of Mines recommendation and the
State Corporation Commission put the
reduction into effect.
Oklahoma oil men were pleased at
acquiescence Of Kansas and Texas in
per cent decrease. Any number
here saw relief of q condition which
might have led to a price collapse.
The old cement field OF Southern
Caddo County. Okla, came into the
P41tu4C W4aA dAoNONCIy O4 . 4iCW oCCp
producing horizon In the Pennsylvania
series at from 6,258 to 6,367 feet. The
field had produced from shallow depths
since 1915.
An indication Of a general move
ment to curtail unnecessary drilling
was construed from the week end
tabulation showing only 46 first re-
ports on wells in Oklahoma compared
to 50 the previous week.
A high point Of interest among the
drilling fraternity was the behavior Of
the No. wheeler of the Anderson
Prichard Oil Corp, which flowed some
oil and then salt water from the VIII
cox sand, and may have defined the
northwestern boundary Of the man
sion area" Of Oklahoma City. An i'm
provement in spot movement Of gaso-
line was a healthy factor In the re-
fining end. Contract shipments con-
tinued strong.
Prices for crude oil, gasoline and
natural gasoline were firm and un-
changed.
Evening star., 1936-05-28
S0C0NY VACUUM TOPS
'35 QUARTER ST, 900, 900
BY the Associated Press.

BY the Associated Press.
NEW YORK, May 28.-Socony
Vacuum Oil Co.'S earnings in the first
four months Of this year were ST.
000, 900 ahead of the same period last
year. J. A. Brown, president, stated
at the annual stockholders meeting
today.
The oil price structure, Brown said,
looked better than last year, although
it was still somewhat irregular in
some areas.
The company is one of the largest
oil concerns in the country, having
been created through consolidation
of the old Vacuum Oil Co. and
Standard OIL Co. of New York.
Evening star., 1936-05-28
BROKERS ASSA|L
MARGINS BOOST
Think Present Scale Acts
as Barrier to Support
for Run of Stocks.
Py the Associated Press.

Py the Associated Press.
NEW YORK, May 2S.--It would
seem that great many, probably q
majority, of the brokers on the Stock
Exchange have taken up the cry that
the recent boosts in margins have been
responsible for the shrinkage in Stock
Exchange dealings.
Up to a couple of weeks ago the
brokers held variety Of theories con-
cerning the thinning public interest in
the equity list, but the diffused notions
have apparently been reduced to
common belief, or conviction, that the
SIS per cent margin requirement is the
basic cause Board room gossip says
that many of the brokers feel that the
exchange executives should have put
more force behind their arguments in
favor of easing of the margins when
they presented their case before the
Reserve Board some time ago. This
militant group is understood to be
most active in the present agitation
for new appeal to the Reserve Board
While not denying a motive Of self
interest in their wish for downward
revision, certain of the exchange men,
bers declare that the present subject
of margins has an Importance which
transcendS any consideration Of
brokerage commissions. They dis
claim any desire for a cut in the
trading ante that would make the
cost of trading too inexpensive and
thus invite dealings by people who
can ill-afford the game But they
contend that the present scale Of
margins, by discouraging prospective
buyers, operates as a barrier against
normal support for the general run
of stocks. This, in turn, they claim,
has made for a thin market, one
that is likely to be generally unsatis-
factory to either buyer or seller.
Most traders, of course, echo the
brokers sentiments on margins. but
a little distance from the inner Stock
Exchange circles may be found OBJ
servers who feel that the brokers
are on doubtful ground when they
put the entire blame for inactivity
upon this factor. Here it is reiterated
that the stock market is paying the
usual penalty for too enthusiastic
bulliSh drive, which with Its culmi-
mating reaction. in April had also the
usual effect of dampening speculative
ardor.
Evening star., 1936-05-28
Industrial Alcohol
Dividend Rate Cut
From SOC to Csc
BY the Associated Press.

by the ASSOCIATED PfeSS.
NEW YORK, May 28-Directors of
United States Industrial Alcohol to-
day ordered reduction in the COM
mon dividend to 25 cents from the
5o-cent rate paid quarterly since
March, 1885.
c. e. Adams, chairman of the board,
issued the following statement:
Volume of company's business has
been consistently satisfactory since
the first of the year and remains SO
today. However, within the last two
months competitive conditions within
the industry have brought about SO
severe decline in the average selling
price Of the main volume products of
the company as to leave an unsatis-
factory margin for profit"
"The directors of the company
deemed it wise, in view Of existing
conditions to reduce the dividend to
be paid July to Is cents share"
The dividend is payable July l to
stock Of record June IS.