Evening Star Newspaper, August 9, 1929, Page 1

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“From Press to Home Within the Hour” The Star's carrier system covers every city block and the regular edi- tion is delivered to Washington homes as fast as the papers are printed. Yesterday’s Circulation, 102,549 ATHER. (U. 8. Weather Bureau Forecast.) Cloudy tonight and tomorrow, not much change in temperature. Temepratures: Highest, 80, at noon today; Jowest, 69, at 5:30 a.m. today. Full report on page 9. Closing N. Y. Markets, Pages 14 and 15 WITH SUNDAY MORNING EDITION 31,146. post office, Kntered as second class matter Washington, T WASHINGTON, D. C. FRIDAY, AUGUST 9, 1929—TWENTY-EIGHT PAGES. % GRAF APPROACHING COAST OF BRITAIN; DUE AT HOME PORT TOMORROW NIGHT Friedrichshafen Is Making Feverish Preparations for Arrival—Flight Over Berlin Sunday Is Abandoned. ZEPPELIN TO TAKE OFF FOR TOKIO 3 DAYS LATER Ahead of Schedule for First 24 Hours as Winds Aid Speed, Diri-| gible Was Over Half Way Across! Sea Less Than Day After Start From Lakehurst. LONDON, August 9 (®.—A message received at Croydon, London’s airport, at 9 am. (Eastern standard time) stat- ed that the dirigible Graf Zep- pelin was approaching the Eng- lish coast. By the Associated Press. The dirigible Graf Zeppelin, on the first leg of her historic world- girdling flight, was more than half | way across the Atlantic today,| while Friedrichshafen preparedl feverishly for her arrival. The air liner’s exact course was somewhat in doubt, but from all indications she seemed likely to| reach her home port late Satur- day night or Sunday morning. Dr. Eckener, in a message re- gretting his inability to fly over Berlin on Sunday, informed the ministry of communications he hoped to reach Friedrichshafen on | Saturday. Swing Northwest Indicated. The two latest messages on the Graf’s | position at 2 and 3 o’clock this morning, | Eastern standard time, indicated that the ship had swung in a northwesterly direction and had flown westward be- tween 30 and 40 miles. At Friedrichhafen it was thought that Dr. Eckener either was avoiding local storm areas or that the messages were misinterpreted, as everything thus | far received pointed toward‘a good, fast voyage. Fog Banks in Path. While conditions generally were | favorable, weather reports indicated fog | banks ahead and unfavorable winds be- tween the Azores and Spain. Zeppelin officials believed that the Graf, instead of swinging as far north as London, would head straight across Northern France in order to reach Friedrichshafen by the shortest route. Preparations were being made for the departure of the round-the-world air- ship for Tokio on the next lap of her long trip within three days. GRAF TO HURRY TO HOME PORT. Eckener Expected to Turn Northeast ! and Fly Over Northern France. FRIEDRICHSHAFEN, Germany, Au- gust 9 ().—Zeppelin officials today be- Jieved Dr. Hugo Eckener, commander of the Europe-bound Graf Zeppelin, would turn somewhat northeast from his southerly course today and fly over Northern France instead of retracing his westward journey by Gibraltar and the Rhone Valley. Unfavorable winds were reported pre- vailing between the Azores and Spain. Doubt was cast here on reports that the Graf would fly over London on her way home. The big airship was ex- pected to hurry across France in order 1o reach her home port late Saturday night. The dirigible might pass over Paris if Dr. Eckener goes far enough north, though the usual route is up the valley of the River Loire, past | Nantes and posibly Orleans. Preparations Completed. Dr. Eckener will probably not fly over Berlin_on Constitution day, the Ger- man Fourth of July, on Sunday, as it had been reported he would do. He is in a hurry to complete the flight around the world before the season of typhoons sets in in Asiatic regions. Preparations here were completed to- day for getting the dirigible ready for the Toklo take-off three days after her arrival. This city today was in the midst of a turmoil of preparation for the brief “(Continued on Page 2, Column 2.) DORAN PLANS BAR ON AGENTS’ RIFLES Officers to Retain Them in Sparsely Settled Territory, Director Decides. B the Associated Press. Prohibition Commissioner Doran said today he was preparing to bar the use of rifles by prohibition agents in several communities. No change is contemplated. however, in sparsely settled districts where rifles are necessary for protection of the agents. ‘The commissioner said no general order would be issued, but he would discuss the matter by correspondence with his administrators. He declined to say what reasons prompted his decision. Doran. said his decision still would permit agents to use their service re- volvers in the densely populated com- munities. In sparsely settled districts, espe- cially in the mountains, the agents, he added, needed rifles for protection. The situation in the Detroit area, where one of the agents recently lost his life, he continued, was well in hand. “We are better off there than we have That the fluence, was official records. law they had swecrn to enforce! has been required since 1927. Long before that—in fact, in the prohibition unit. for citizens. (In this, the fifth article of her remarkable series on Mrs. Willebrandt tells how the prohibition force was demoralized by the appointment through corruption in high places of Government agents, little, if any, better than the criminals they were hired to pursue.) BY MABEL WALKER WILLEBRANDT. rohibition force, largely as the result of political in- or several years filled with unfit men is proved by Those records disclose that in the six years from 1920 to 1926 more than 750 prohibition agents were dismissed from the force for delinquency or misconduct. brought dismissal were extortion, bribery, solicitation of money, illegal disposition of liquor, or other property, intoxication, assault, the making of false reports, and theft. o Sixty-one were dismissed for acts of col- lusion or conspiracy to violate the very IINEFFICIENT, CORRUPT AGENTS BLAMED FOR LAX DRY LAW ENFORCEMENT Mrs. Willebrandt Advocates Training Methods for Officers—Scores Early Appointees. ohibition, Among the charges which But I know, from actual contact with members of the prohibition force, that there has been a real improvement, much of it due to the fact that qualification under civil service rules and regulations 19221 urged the establishment of a “school” to train agents, not only for the protection of law-abiding citizens, but for the assist- ance of the Department of Justice in prosecuting cases on evidence gathered by ohib ‘The plan provided ringing all agents under at least three months’ systematic and intensive tutoring by experienced investigators and lawyers, who had tried cases in court. The details were all worked out including the selection of qualified men already in Government service who could give the training without waiting for an elaborate set-up and appropriations, Reasons for Proposal. T made such a proposal because it was plain even in those early days that prohibition ultimately would be either respected or derided, depending on whether the cases were successfully prosecuted, and whether the methods of gathering evidence were legal or so cppres- sive so as to provoke the animosity and criticism of thoughtful Mrs. Willebrandt. ~(Continued on Page 3, Column 1) AVIATORS PREPARE TOTRYOEEANHOPS Coste to Attempt “Long-Dis- tance” Flight—Swiss Trio, Headed for New York, Lost. By the Associated Press. ‘ NEW YORK, August 9—Following closely upon the successful transatlantic flight of the dirigible Graf Zeppelin, & new series of transoceanic flights by airplanes appeared in prospect today. Pive Soviet flyers took off on the second lap of a 12,200-mile flight from Moscow to New York, via the Aleutian Islands. Their emphibian plane, the Land of the Soviets, made the first 1,368 miles at an average speed of 100 miles an hour. Meanwhile, Dieudonne Coste and a Swiss flying combination of three men were preparing for flights from Europe to New York. Coste, whose previous attempts ended in failure, announced at Paris that he would take off on Saturday if weather conditions permit. While Coste merely announced he would take off on a “long distance flight,” it generally was as- sumed he would head for New York. The trio of Swiss airmen, Kaeser, Tschopp and Luscher, left Le Bourget Field, near Paris, yesterday for Lisbon, Portugal, to await a favorable oppor- tunity for a take-off. They hoped to reach New York in 40 hours. FEAR FOR SWISS TRIO. Three Unreported Since Leaving Le Bourget Field for Lisbon. LE BOURGET, France, August 9 (#). —Fears for the safety of three Swiss aviators who left here yesterday after- noon for Lisbon on the first leg of a transatlantic flight to New York were felt among officials at the airfield today. Pilot Kaeser, Navigator Tschopp and Mechanic Luscher, who have been flying only since 1927, planned to dare the difficult westward crossing of the At- (Continued on Page 2, Column 6.) STRIKING GRAVE DIGGER IS SLAIN IN LABOR CLASH Group Charges Bus Load of Sub- titute Workers on Nearing Cemetery. By the Assoclated Press. NEW YORK, August 9.—One man was shot dead when a crowd of striking grave diggers charged a bus load of strikebreakers near the Calvary Ceme- tery, Queens, today. Stanley Zasadzdniski, 25, of Brooklyn, one of the strikers, was the man killed, Police said he was shot by Philip Nunziato, a toreman of the Calvary Cemetery, who was on the bus with the strikebreakers. ‘Nunziato fired into the crowd of strikers when they started hurling bricks and stones at the bus as it neared the cemetery. lawbreakers. in her 6th article— ever been before;” he said. . Three Die in Explosion. ROCHESTER, England, August 9 (). —Thres men were killed and several injured hore today in an explosion in the pumprcom of the Buitish tunkelj . Ben-Read. MARINE IS KILLED INAUTO COLLISION Another, Seriously Injured in Crash on Fredericksburg Pike, May Die. One private in the Marine Corps is dead and another so seriously injured he is not expected to live following & crash between their car and another on the Fredericksburg pike, 6 miles north of Fredericksburg this morning. ‘The dead Marine lies unidentified in the Fredericksburg Hospital, while his companion was identified through docu- ments in his pocket as Tex Keys, sta- tioned at the Marine base at Quantico. Physicians from Quantico arrived at the hospital this morning and after view- ing the body of the Marine said they could not recognize him. According to police at Predericksburg, the automobile occupied by the Marines was proceeding toward the town when they crashed headlong into a large fruit truck operated by Neil Goode, colored, of Suffolk, Va. The truck, police say, attempted to avoid the collision by run- ning off the road, but was unsuccessful and the Marines’ car smashed into ii. Both Keys and his companion weré thrown clear of the car, the engine of which was driven completely back into the front seat. Keys lies unconscious in the hospital, and doctors are awaiting his revival from the coma to question him about the accident and attempt to identify the dead man. Both of Keys' legs are broken, and he is suffering from internal injuries. oode was taken before Justice of the Peace Lee Fitzhugh and released when the magistrate termed the acci- dent unavoidable. . PATROL AND RUM RUNNERS BATTLE Exchange Pistol Shots on Detroit River—Trio Escape Into Canada With Cargo. By the Associated Press. DETROIT, August 9.—Coast Guards and rum runners engaged ina spectacular pistol and revolver battle in the Detroit River early today with craft of the rival forces racing down the center of the river less than 100 feet apart. No casualties- were reported, although two of the guardsmen had narrow escapes. The rum runners escaped to Canada with their cargoes. ‘The Federal forces were under coi mand of Jonah T. Hagglove, chief bo swain’s mate. While patrolling the river they sighted a speedboat towing a load- ed rowboat coming out from behind one of the small islands of the Ecorse shore. Hagglove hailed the three men in the speedboat, ordering them to halt. volley of shots was his answer. Hagg- love and the two Coast Guardsmen under his command emptied their pistols twice before the runners escaped toward the Canadian shore. THIRST CENTERS Mabel Walker Willebrandt —former Assistant United States Attorney General in charge of Prohibition, describes the conditions in cities where the big demand for liguor makes the mafket most attractive to She predicts hope for the future despite these conditions “Are the Cities Hoplessly Wet?”. —appearing in tomorrow’s issue of The Evening fitaf IBRITISH DELEGATES | EXPEGTED 0 QUIT WAR DEBT PARLEY Inevitable Withdrawal Seen in Rejection of Demands of Snowden. OTHER NATIONS REMAIN FIRM AGAINST REVISION English Chancellor's Request Re- garded Too Strong for Compromise, LONDON, August 9 (#)—The Reuter's correspondent at the repa- rations conference at The Hague to- day stated he had been informed in reliable quarters that Philip Snowden, chancellor of the ex- chequer, was prepared to leave The Hague next Monday unless he ob- tains a satisfactory reply tomorrow to his demand for “protection of the British taxpayer.” By the Associated Pres: THE HAGUE, August 9.—Rejection of British demands by other nations participating here in the conference of the governments on reparations and de- parture of the British delegation for home was accepted generally in con- ference circles today as an inevitable development of the next day or so. It was regarded as certain that the finance committee of the conference would either tomorrow or soon after reject the resolution of Philip Snow- den, head of the British delegation, for a subcommittee to revise the Young reparations plan. In the three days just past Mr. Snow- den, who is chancellor of the exchequer in the new British Labor government, has affirmed so positively his govern- ment’s intention not to accept a les- sened share in the distribution of Ger- man reparations that recession from his_stand was considered highly im- probable and hardly possible. Others Stand Firm. The attitude of the other nations concerned, notably France, Italy and Belgium, was just as firm in the oppo- site direction. These nations held the Young plan should be accepted with- out alteration as it stands now, that while not perfect it represented the best possible arrangement under the circumstances. Meanwhile members of the other delegations considered how to keep the conference alive without_the presence (Continued on 2, Column OR. SNOOK REPEATS DENIAL OF CUTTING Ohio Professor Takes Jury Through Details of Last Tryst With Co-ed. By the Associated Press. COURTROOM, COLUMBUS, Ohio, August 9.—Under the lash of a relentless cross-examination, Dr. James H. Snook again today took the jury in his first degree murder trial through the inti- mate and tragic details of his last tryst with Theora Hix. the medico co-ed he slew last June 13. Prosecutor John J. Chester, who started the cross-examination late yes- terday, picked it up with the opening of court today and soon had the former Ohio State professor deep in the story of the fatal night. Chester demanded an elaboration of the account told yesterday in direct examination, and at one time assumed the role of Theora Hix while he and the defendant demonstrated to the jury just what happened at the time of the klfillnz and immediately before. Dr. Snook repeated his denial that he recalled cutting the girl’s throat, the fact on which the State depends to sub- stantiate its charge of premeditation, which is ne‘utsisuy for a first degree murder conviction. . Chester charged Dr. Snook with hav- ing admitted during the questioning that preceded his arrest that he had cut the girl's throat “to relieve her suffer- ing” after he had beaten her head with & hammer. Dr. Snook denled it, and Chester re- lied: 3 g "’ghen if we say you did, we are liars. “Yes, you are,” Dr. Snook responded. Prosecutor Chester in his cross-ex- amination followed closely to the ques- tions put to Dr. Snook while he was being held for examination. He made no attempt to base his examination di- rectly on Dr. Snook’s conf n as such, but held his questions to the con- yersations between the defandant and |, the city and county officers who ob- tained the confession. The confession has been attacked by A|the defense as being obtained under duress and therefore outlawed. MAN IS FOUND GUILTY OF LOOTING NEWS RACK Admits Opening Cash Box With Key—Is Sentenced to 180 ‘ Days in Jail. Arraigned in Police Court this morn- the charge of the robbery of a block of P lvania avenue, nnleyomd sentenced to 180 da) by Judge Ralph Given. Prymok was arrested early thig maml; d ewspaper rack on :\‘rneel: -anu M’p‘ermed that followed Prymok for over half a mile on the avenue and saw him open several of boxes. b dollars in cash was 'S, ts, with . _He said key the One hundred found in one of 500 400 or that he opened the boxes with a and had thrown the key away when officer approached. Rudio Progrm—?a_ge 19. \ HORSES HOE PITCHING CONTEST SEASON. BATHOAY MEANS - LTTLE TO HODVE President Will Be 55 Tomor- row, but No Celebration Is Planned. President Hoover will the 55 years old tomorrow, but so far as is known today neither he nor Mrs. Hoover has any plans for celebrating the occasion. Birthday anniversaries mean very little to Mr. and Mrs. Hoover and they are not disposed to turn a birthday anniversary into a festive occasion. It is sald that they rarely give presents to one another on their respective birth- days. It is thought likely, however, that a big cake with white icing and probably something else suggestive of a birthday party will grace the evening meal at the President’s camp in the Blue Ridge Mountains tomorrow ‘where he and the | members of his family and a small company of friends will spend the week end. “Java,” who was chef on the presi- dential yacht Mayflower for a number of years, and who is now cook at the President’s mountain retreat, will pro- duce something out of the ordinary to serve as a reminder of the day. Lindberghs Guests at Camp. ‘There is every reason to suppose that the members of the President’s week end party will not permit him to forget the occasion. Besides Mrs. Hoover, the President will be accompanied on this week end outing by his two sons, Her- bert, jr, and Allan, and the former's wife; Secretary of Agriculture Hyde and Mrs. Hyde; William Allen White, Kansas publisher and author; Mark Sullivan, newspaper correspondent; Walter H. Newton, one of the Presi- dent’s secretaries; Col. Charles A. Lind- bergh, and his bride, the former Anne Morrow, daughter of the Ambassador to Mexico; Mr. and Mrs. Jeremiah Mil- bank of New York, who were hosts to Mr. and Mrs. Hoover on several cruises waile visiting Florida last Winter; Sur- geon General Hugh S. Cumming and Mrs. Cum ming, jr. and Lieut. Comdr. Joel T. Boone, White House physician. ‘The President’s last birthday was ob- served quietly at his home in Palo Alto, Calif. He was absorbed in the conduct of his presidential campaign at the time, but the newspaper cor- respondents assigned to ‘“cover” him did not permit the day to go by un- noticed. They had an interesting din- ner at the Cardinal Hotel, in Palo Alto, in honor of the occasion and the Presi- dent appeared to be highly pleased. Col. and Mrs. Lindbergh returned here from New York shortly after noon today by airplane. They were met at Bolling Field by a White House automobile and taken to the White House, where they were guests at luncheon. Expects to Return Monday. ‘The President indicated today that he was anticipating a pleasurable and beneficial week end. He hopes to be in the open as much as possible during his brief vacation. There will be no fishing, but he expects to build another dam in the headwaters near his camp. Those who have been his guests on week end parties previously, are not looking for- 'ward to this form of amusement and recreation with any great amount of enthusiasm, as it calls for the lugging of too many bowlders and heavy stones be looked upon by them as real fun. Of course, the amusements and recre- ations during the week end will be varied. There will be the customary horseshoe-pitching tournament. horse- back rides over the mountain trails, and walks through the woods. The President made few engagements today in anticipation of getting away from the White House before 4 o'clock this afternoon. He plans to return to the ‘White House during the férenoon Mon- day. Jahncke Is Caller. Assistant Secretary of the Navy Jahncke, who has just returned from a trip, which carried him as far as the Hawaiian Islands, called on the President today to make a brief report anohl;r&bervldnm and [ ok S ‘Washington clearing house, $4,223,- 580.86. .New York clearing house exchange, $1,456,000,000. New York clearing l‘wnu ‘balance, $159,000,000. A 7, s138, 'mux. W.. ugust 7, B,- ming and son, Hugh Cum- [ Job Seekers Swamp Federal Farm Board With 5,000 Requests The newly created Federal Farm Board is finding itself swamped by applicants for jobs, the great majority of which are doomed to be disappointed. It was roughly estimated today that at least 5,000 requests have been received for positions, rang- ing from clerks and stenogr: phers to technical men in agri- cultural problems. Officials of the board could not say today just how many em- ployes it would have eventually, but made it clear that even when fully organized the board would bz a compact agency, not requir- ing anything like the number of employes seeking openings. SENATE WILL START August 19, as Scheduled, Then Recess. By the Associated Press. ‘The Senate’s long struggle over tariff revision now is set to begin September 3 instead of August 19, as leaders orig- inally planned. The postponement, effected through an agreement between Republican and Democratic leaders, was arranged after it became apparent that the majority members of the Senate finance com- | mittee, who are rewriting the House tariff bill, could not complete their work in time to submit their report on the earlier date. Senate to Reassemble August 19. Under the party leaders’ agreement the Senate will reassemble, as planned, August 12, but will take three-day re- cesses thereafter until September 3, practically eliminating the likelthood of a controversy developing on some other subject, which might further delay the riff legislation. Democratic members of the commit- tee, who are excluded from the bill- drafting sessions, in accordance with the custom which gives that privilege to the majority in tariff legislation, will have an opportunity, meanwhile, to study the decisions of the Republicans affecting the rate schedules in prepara- tion for the debate to come. ‘The Republican leaders expect all of the rate schedules to be completed by August 19, but, they explain, the ma- jority of the committee will need the additional time now allotted to con- sider changes in the controversial ad- ministrative provisions of the bill. These provisions encountered Republican op- position in the House and are under- stood to be unsatisfactory to some of the majority members of the commit- tee. The Democrats also are to be +given time to study their action on this (Continued on Page 2, Column 4.) HORNSBY AND KAUFMANN OPPONENTS IN SEMI-FINAL By the Associated Press. FOREST PARK, 8T. LOUIS, August 9.—John Hornsby of Topeka, Kans., reached the semi-final round of the na- tional public links golf championship at Forest Park today by defeating Gor- don Denney of Louisville, Ky., amateur champion, 3 and 1. Carl Raufmann of Piitsburgh, who has held the title for two years straight, straight march by bound- defeating 18-hole round this a TARIFF FRAY SEPT.3 Chamber to Reassemble on! . | separate for the CONSPRACY STORY 5 CVEN TO JRY !Mrs. Calhoun Tells of Con- ferences With Alleged Plotters and Agents. ‘The District grand jury today heard testimony of witnesses concerning the alleged conspiracy to blackmail Mis. Cornelia D. B. Calhoun and her hus- band, Capt. C. C. Calhoun, socially prominent officers of the Woman’s Uni- versal Alliance, in connection with which five persons were arrested Wed- nesday afternoon. Mrs. Calhoun told her story of the various meetings With one or more of the alleged conspirators and two agents of the Department of Justice narrated the result of their in- vestigations. Other witnesses were called to corroborate portions of ‘the | testimony. Assistant United States Attorney Charles B. Murray, who presented the case to the jury, and had as witnesses Mr. and Mrs. Calhoun. Murray de- clared he wished to have the grand jury pass on the evidence before the hear- ing in the case, scheduled for next Wed- nesday before United States Commis- sioner Turnage. Agreement Exhibited. ‘The assistant prosecutor also exhibit- ed to the jury the torn agreement which had been presented to the alleged con- spirators for signature Wednesday morn- ing at a conference in the office of At- torney James F. Bird end which bears the signatures of W. Clark Noble, the sculptor, and his wife, Emilie B. Noble. The agreement recites that in consider- ation of $30,000 the Nobles, Anna Hil- lenbrand, & nurse, and Stephen A. Armstrong and James F. Bird agreed not to form a rival organization to the Woman's Universal Alliance and to re- frain from publishing derogatory state- ments against the alliance and the Cal- houns. The Nobles and Armstrong are at liberty under bail of $5,000 each pend- ing the hearing next Wednesday. Bird was also released on a bond of $1,000, but Mrs. Hillenbrand, being unable to }-u’ilse a bond of $5,000, was committed to jail. | Expect Agents to Testify. Among witnesses expected to testify before the grand jury are Sam Hardy and Rhea Whitley, agents of the De- partment of Justice; Mrs. Naomi Lebore, a stenographer in the employ of the Calhouns; Joseph Lane Smith, a house- man at the Washington Hotel, where at least one of the conferences was held; Mrs. 8. A. Krouse, said to be a friend of Mrs. Hillenbrand and to have been present at one of the conferences, and Deputy United States Marshal Clarence Swann. Swann was expected to tell the grand (Continued on Page 2, Column 7.) - TWO HELD IN BANK PLOT. Employes of Bank of United States Charged With Conspiracy. NEW YORK, August 9 employes of a branch of the Bank of the United States were arrested today charged with conspiring in the theft of more than $100,000 from the bank. CAPE TOWN NAMES ENVOY Eric Louw to Represent Uniyn of South Africa Here. CAPE TOWN, Union of South Africa, August 9 (#)—Eric Louw, South Afri- can high commissioner in London, was today appointed minister plenipoten- tiary and envoy extraordinary to Wash- ington. The appointment was made in conformity with the new policy of Premier Hertzog's party, which desired diplomatic representatives capitals. TO HANG SLAYER COUNTY DENIES U. S. ROOF OF JAIL OF THREE AT SEA Government Must Find New Site for Gallows to Execute Horace Alderman. By the Associated Press. MIAMI, Fla, August 9.—Denied use eithér the roof of Broward County jail or the court yard, Federal authorities jail, county officials, however, have de- fnurred dtl? the ds that the roof today were without a place to erect &| The scaffold and gallows for the hanging of | Horace Alderman, convicted slayer of three Government officials in a sea fight off the Florida Coast fh 1927. Under an order of Federal Judge| NS Halstead L. Ritter, Alderman must hang August .17_on the Toof of the county () Means Associated Press. - TWO CENTS. STOCKSGOLLAPS INFRENZED TRADE; BLION 15 LT Panicky Speculators Unload Shares on Exchange and Values Wilt. RALLIES SHORT LIVED AND CLOSING IS WEAK Leaders of Recent Upswings Hit Hard in Slump—Some “Stop- Loss” Orders Refused. By the Associated Press. NEW YORK, August 9.—A wide open break in prices. which carried scores of issues down $5 to nearly was Wall Street's mporise‘stz :h:h::!-' expected increase from 5 to 6 per cent in the New York Federal Reserve re- discount rate. The market opened weak, rallied briskiy before the end of the first hour, turned heavy again around midday, rebounded in the early afternoon and then succumbed to a re- newal of selling pressure, in the late trading, with final quotations in many cases around the lowest of the day. Total sales crossed the 5,000,000-share mark for the first time since last March. Commercial Solvents dropped $33.50 8 ehare, Auburn Auto, $26.50; General Electric, $20; International Silver, $15.50; 'American Telephone, $15, and Atchison, ‘Westinghouse Electric, Ame ican and Foreign Power, Allied Chemica!, American Can, North American and American Power & Light all recorded extreme losses of $10 a share or more. United States Stecl, common, which has been setting new high records al- most daily for the past week or more, fell more than $7 a share and showed little recovery from the day's low. ¥ Indunt&;hl Rayon wlms one of the few move against the general downward trend, advan e cing $4 a share Today's decline, which was one of the worst ever experlenced in Wall Street, wiped out more than a billion dollars in quoted values. Similar de- clines took place in all the other lead- ing securities markets in the country. Speculators Are Panicky. As happens in all major stock mar= ket declines, thousands of panicky ine vestors and speculators threw over their holdings “at the market” at the open<\ ing, taking terrific losses because of the overnight withdrawal of bids by pools and other market sponsors. Wealthy individuals and professional traders bought stocks ““for a turn” on the open- ing decline, with the result that a sharp rally was quickly under way as soon as the necessitous liquidation had been completed. = United States Steel common, Westing- house Electric, General Motors, General Electric, American Telephone, Packard and scores of other leading industrials and rails quickly rallied 1 to 6 points from their opening levels. All leading brokerage houses instruct= ed their employes to report for work an hour or more earlier than usual this morning. with the result that the streets of the financial district were crowded with hurrying workers as early as 8 o'clock. Downtown telephone exchanges were swamped with calls by customers placing orders and of brokers calling for instructions and demanding margin on weakened speculative accounts. Refuse “Stop Loss” Orders. So great was the rush to sell that many speclalists were compelled to re- fuse to accept “stop loss” orders, par- ticularly on odd lots. In the case of highly speculative issues opening orders - were “bunched” and executed in one block, several of these running from 5,000 to 25,000 shares. Practically the entire Curb Exchange swept downward, widest breaks occur- ring in the recent leaders in the utility group. Electric Investors opened at 25412, off at 25!4 points, and Electric Bond & Share at 13273, off 8. Middle ‘West Utilities, one of the stocks that started the selling early in the week, dropped 26; American Light & Trac- tion 915, Central States Electric con- vertible preferred 9 and American Su- perpower 5%4. e rise in the rediscount rate co- incided with an increase in brokers’ loans by Federal Reserve banks of $60.- 000,000 to a new high record for all time at $6,020,000, Of this total, banks loaned for their own account $1,089,000,000; for the account of out- of-town banks, $1,789,000,000, and for the account of others, which includes large corporatians, individuals and for- elgn financial institutions, $3,143,- 000,000. Within the past year, the loans for the account of others have increased (Continued on Page 2, Column 1) 2 WORKERS INJURED ON STRUCTURAL JOB Falling Timber Hurts One Man, Second Falls From Steel Girder to Ground. ‘Two men were injured shortly after noon today, one probably fatally, while working on a new building under con- struction at Fourteenth and F streets. Walter Riley, 27-year-cld workman, living at 1226 Eleventh street, was struck by falling timber while at work in a portion of the ground in which the new building is now being made ready for the erection of iron structural body bruises. gard his condition as critical. Within & few minutes of this acci- dent and at a spot nearby where the iron structural work has several stories on the same site, Elsworth Robey, 21 years old, of 455 N street southwest suffered a possible fractured back and painful body bruises

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