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The Los Angeles Times from Los Angeles, California • 1

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"All jthe News All the Time LARGEST 4DVeariSl.NO VOLl ME Twelve Parts 128 Pages FAST I Ttl.tGRAPB SlltfcT 1 PAGES TIMES OFFICES 100 North Broadway 619j South Spring And Throughout Southern California MADISON 2345 The Time Telephone Number Connecting All Departmenti UK INDUSTRIAL FREEDOM VOL L. SUNDAY MORNING, NOVEMBER 8, 1931. SUNDAY, TEN CENTS TTOOVER UPHELD IN INQUIRY mRO. Our Frankenstein! ON NAVY LEAGUE ATTACK i sta: 1 flHINESE PLOT TO LAUNCH I) RUSSO-JAPANESE CLASH Special Committee's Verdict Cites Trojans Triumph General Advised to Lure Nipponese North to Border After Severe Battle at Nonni Bridge Copyright. 1931, br New York TimesJ TOKIO, Nov.

7. (Exclusive) The Japanese army has -intercepted message in which Wan Fu-ling, war lord of Hel Lung' Kiang, now in Pelplng with Marshal Chang Hsueh-liang, advised Gen. Ma Chen-shan, leader of the Chinese forces, to adopt tactics inaccuracies, False Assertions and Errors by Gardiner WASHINGTON, 7. (JP)A verdict In favor of President Hoover was returned today by truth ol statements contained the jury he appointed to weigh the in William II. Gardiner's attack on the administration's naval policy.

Fully supporting the Chief Execu- northward, thereby Inviting com 1 Investment. tive, the committee finds that the pamphlet issued by Gardiner as president of the Navy League, charg tag Mr. Hoover with "abysmal ig norance" of naval affairs, contains "many inaccuracies, assertions and erroneous conclusions. Aroused by the Gardiner attack, Mr. Hoover had charged the Navy League head with uttering falslfica tions and said he would expect a public 1 retraction and an apology after the committee had completed Its inquiry.

The group made its report today, laying on the President's desk a document accompanied by a lengthy letter of transmittal. STATEMENT SPIKED Six of Gardiner's statements are especially stressed as in the letter Incorrect. These were: (1.) That the President and Prime Minister MacDonald of England had "admittedly" reached agreements never divulged in their entirety; 2.) That the administration refused to allow even an execu-. tive session of the Senate Foreign Relations Committee to see the full record of negotiations preparatory to the London naval conference; 13.) That Mr. Hoover in 1920 delayed the building of the first five of fifteen cruisers Just ordered by Congress as a gesture preparatory to the naval conference not commensurately followed by other powers.

U.I What Gardiner terms an obvious infcrem-e from a spereh by Hugh R. Wilson, minister to Switzerland, that Mr. Hoover under the one-year naval holiday Just begun intends to forego treaty rights to the construction of 87,600 tons of naval vfwsfls: (5.) What the committee Bfcs as an Implication in Gardiner's stat-ment that the (Continued on Page 8, Column 1) BUSINESS SURVEY SHOWS EVIDENCES OF REVIVAL Many Sections Renew Confidence which will draw the Japanese plications with the soviet as DEDS MARCH 11 IN MOSCOW Millions Recall Revolution Soviet Leader Asks Unity in Plea to Celebrants at Lenin Tomb Foreign Delegations Pass Square After Army and Workers MOSCOW, Nov. 7. The military might of soviet Russia paraded in Red Square before the tomb of Lenin today in celebration of the fourteenth anniversary of the revolution.

On the heels of the soldiers came hundreds of thousands of workers, packed in dense masses, who sang lustily and cheered in honor of the nation's leaders grouped on the balustrade atop the tomb. This celebration of the fourteenth birthday of the soviet nation had been planned as the greatest demonstration ever held in Moscow, and it Teached Impressive heights. MILLION IN RITES More than 1,000,000 persons took part, coming from all parts of Russia, and there were many delegations from abroad. All day long the ceremonies lasted, and well into the night. Thousands of troops, massed in the square, stood at attention and listened to a speech by Klement Voroshilov, Commissar for War, who declared the soviet nation, is guiding the world among the ways of peace.

"We are leading the world in our policy of peace, but our workers and peasants have proved by their strenuous labor they can win victory in war as well as in the peaceful battles of industrialization," he said. "We must be ready to defend our union against foreign enemies who are uniting against us in the desperation of their economic crisis." The military demonstration was imposing. Cavalry, infantry, artillery and tank units swept by the Lenin tomb and overhead military airplanes zoomed by in smart formations. Then came the civilians, bearing red flags and effigies of the nation's great. On the bankers, in English, German, Chinese, Turkish and Russian, were the words, "Long live the world revolution." Marching with the workers were Communist delegations from America, Canada, Norway, Sweden, Germany, England, France, Belgium, Holland, Spain and Mongolia.

BUKHARIN SURPRISES Joseph Stalin headed the Russian leaders before whom the soldiers and workers paraded. Others on the Lenin tomb were President Kalinin, Premier Molotov and Nicolai Bukharin. The presence of Buk-harin was a surprise, for he has lost his high place in the state because of his rightist tendencies. Throughout the nation a two-day holiday has been declared in celebration of the proclamation of the dictatorship of the proletariat in Petrograd. as Manufacturers Return to Production Field business definilclu mending? Recent deOelotiments have Ap IN THE GREATER SUNDAY "TIMES" TODAY peared" fo indicate that the turn finally is here.

Correspondents in tfa- nouj center throughout the United improvement in rusincss when such improvement was actual. Their reports follow, ICopyrlglit, 1031, by North American Newspaper Alliance, Iiie.J ATLANTA (Ga.) Nov. 7. (Excluslve)-Business confidence has steaddied, and Atlanta and Georgia now face the future with more hope than at any time in the last two years, according to Roy Le Craw, president of the Atlanta Chamber of Commerce. The following signs of better times for Georgia were pointed out by in 19-0 Game Croxvd of 93,000 Spectators Sees Indians Toppled by Ancient Grid Rivals Shaver, Mohler and Pinchert Sparkle for Winners at Olympic Stadium BY PAUL LOWRY The desperate yearning of the Sons of the Stanford Red to beat Southern California for the first time since 1326 will have to wait another year or longer still.

Before a record crowd of 83,000 persons Southern California beat Stanford, 19 to 0, thereby making it four in a row for the football charges of Howard Jones over those of Pop Warner. Jones is now two up on Warner, his Trojan teams having won four games, lost two and tied one since he came to the Coast to combat the wiles and deception of Pop's teams. Southern California swept to vic tory behind the fine play of a splendid line and the lashing legs of Shaver; Mohler and Pinckert. PINCKERT SHINES Shaver scored one touchdown and Mohler two. Both Shaver and Pinckert contributed sparkling runs of 34 and 31 yards, respectively, which paved the way for scores, and Pinckert's blocking and pass interception were flawless.

He lived i up to his all-Amerlcan reputation in every way on the greensward of the Olympic Stadium yesterday. Scoring touchdowns in both of the first two periods. Southern California had sewed up the game at half time, 13 to 0, although Stanford came back' fighting mad in the second half to dominate the play un til the last few minutes of the final period. MOHLER GETS LOOSE Then Mohler turned in one of his weaving, dodplng runs and carried back a punt 30 yards to the Stan- (Cont'd on Page 1, Part Vl-a, Cot 8.) ed by Isabel Morse Jones. Part III.

Page 13, BOOKS AND THEIR MAKERS. Edited by Lillian C. Ford. Page 20, Part III. THE NEW IN HOMES AND STORES.

By Olive Gray. Page 17, Part HI. SUGAR AND SPICE, by Alma Whitaker. Page 21, Fart HI. THE CREAM SHEET.

Fages 9, 10 and 11, Part III. Cowbby Star Votes Filmdom's Freaks Out-Bar-num Circus Sideshow; Foreign Sirens Add to Charms; Spicy Euro-pean Scandals Disconcert at Concert; Companion-Travel Jaunts of Stars Just Good, Clean Front-Page Fun for Home Folks; A Town Called Hollywood; Funeral Chants Teach Tibbett Film Technique; Baby Star Finds Baby Manner Most Fetching; the Audible Screen; Current Films. RESORT AND Page 7, Part III. HOTEL NOTES. CHEC KERS.

By John Dougherty. Page 17, Part III. CHESS. By Cliff Sherwood. Page tl, Tart III.

SUNDAY-SCHOOL LESSON. By William Ti Ellis. Page 15, Part III. CONTRACT BRIDGE SIMPLIFIED. Bv Spencer S.

Kapp. Page 7. Part HI. ROTOGRAVURE SECTION. Wheel Stanford vs.

Southern California. St. Mary's vs. University of California; The Desert Where Summer Lingers In the Lap of Winter; Fashions, by Peggy Hamilton; Thomas A. Edison; Amercla's Best Snapshots; Bits of Action.

PRE-V1EW. A Glittering Union; Music and Comedy Hold Sway; What Price Health; Fun In Shorts; Ladies to the Fore; Billle Returns; Skippy Again. COMIC SECTION. Tarzan; Winnie Winkle; Mr. and Harold Teen; The Absent-minded Professor; Chris Crusty; Ella Cinders; The Gumps; Old Doc Yak; Gasoline Alley; That Phoney Nickel.

THE JUNIOR TIMES. High Lights of History; Magic Pictures; Things Easy to Make; ReeTar Fellers; Puzzles; Cartoons by Club Cartoonists; Stories and Poems by Club Writers and Poets. FARM AND GARDEN MAGAZINE. Edited by Harold M. Flnley.

Comment and Opinion; This Can't Go On Forever; Among Our Neighbors; Can't Overlook Mllo; He's Seen It All; Here's Glad Tidings; Southland Gardens; Little Farm Homes; The Poultry Yard; The Market Place; Belies Its Years. SUNDAY MAGAZINE. Edited by Harry Carr. Seen From the Green Verdugo Hills, by John Steven Mc-Groarty; Care of the Body, by Philip M. Lovell; What's New in Science, by Ransome Sutton.

Stories by Mabel Herbert Urner, Ben Ken-dalL'Madora Holt, William F. Catkins, Pat Shepard, Henry F. Grady, Marion Slmms, Wong Wua, Ying and June Levington Comfort. FLOOD TIES UP PANAMA SHIP CANAL Spillways Opened in Effort to Drain Gatun Lake and Restore Flow of Traffic BALBOA (Canal Zone) Nov. 7.

(J1 -While traffic was suspended to day in the Panama Canal, spillways were opened in an effort to fn Gatun Lake, source of the Canal's water supply, which has been flooded by torrential rains since yesterday. The Chagres and Pequeni rivers were swollen with waters from the mountains of the interior which converged ncr-the Maden dam at Alajuela and caused the worst flood since 1923. The Gatun spillways and the Pedro Miguel and Gatun locks were opened to discharge the surplus water. Rainfall for the past twenty- four hours at Alajuela was 4.4 inches. No dan.age was reported, but it was feared that landslides mignt interrupt railroad and power service along the Canal.

Three Children Killed by Train CINCINNATI 0.) Nov. 7. Three children, trapped on a trestle of the Big Four Railroad, were run down and killed by a train here late today. The victims were Hazel Prater, 7 years of age; her sister, Gladys, 10, and Maxlne Vance, 8. boys and girls on assisting ne'gbbors on farm.

Page 2. Part I. Phones connecting State Depart ment with all European capitals In stalled. Page 4, Part I. FOREIGN.

Chinese general plots to lure Japanese army north, fore ing soviet clash, intercepted mes sages reveal; soviet commander pre diets world war; Japan refuses League's requests. Page Part More than 1,000,000 march past Lenin's tomb in Moscow's fourteenth anniversary of revolution. Page 1, Part I. Italy's Foreign Minister Grandl sails for America and Hoover discussions. Page 3, Part I.

FINANCIAL SECTION. EdUcd by Earle E. Crowe. Pages 15 to 18, Inclusive, Part I. Financial News, Stocks, Bonds, Markets.

CLASSIFIED ADS. Pages 1 to 12. Part IV. Southern California's Great Market Dace; Opportunities in Real Estate; Financing; Rentals; Automobiles; Things for Sale; Services of Ail Kinds. REAL ESTATE AND INDUSTRY.

Edited by James L. Davis. Pages 1 to 4, Part V. Uncle Sam Tightens Belt for Harbor Job; Limit-Height Unit Planned; Large Plant to be Public Action Best Dose for Assessment Ills; Warning Issued on Special Tax; Battle Looms on Flood Bonds; Building Pick-up Appears; Highway to be Extended; Coast Building Operations in October and Year to Date; Dollar Down, Dollar Week Realty's Latest; a Page for Home Builders; Home Builders' Primer. THE GREAT OUTDOORS.

Edited by AI Parmenter. Pages I to 4, Part VI. Signals Delay Travel In Business District; Sierra Road Projected; Quail Plentiful for Opening Next Week; Street Car Hazard Point; Traffic Engineers Prevent Suicidal Congestion of Motor Car Travel on City Streets; Automotive Oddities; Progressive Timing of Signals Favored; National Survey Reveals Youthful Drivers Offer Greatest Hazard fn Auto Operation; Black Losing Favor as Auto Paint Color; Aviation; the Week in the Air. SOCIETY Juana Neal Part III. SECTION.

Edited by Levy. Pag6s 1 to 8, WOMEN'S AND Edited by Myra Part III. CLUBS PAGE. Nye. Page 6, ART AND ARTISTS.

Edited by Arthur Mjlller. Page 16, Part III. DANCING AND DRAMATIC Arts. Edited by Mary Mayer. Page 12, Part III.

i MUSIC AND MUSICIANS. Edit- Folks are like pins-no good when they lose their heads. well as incurring international odium by extending the trouble. Gen. Ma appears to have adopted Wan's suggestion and the Japanese are wondering whether the Nonni bridge resistance, which cost the Japanese 182 casualties, was not part of the strategem.

RETREAT EXPECTED The danger of the commander in theffield pursuing the Chinese, possibly as far as Tsitsihar, explains the promptitude with as soon as it was known the Japanese at the Nonni bridge were iafe, orders were issued to restrict pursuit and halt reinforcements. Those reinforcements will be retained' at Taonan in the meantime, but the War Office expects Gen. Honjo, the Japanese commander, who is not oversupplied with troops, will recall them soon. The Chinese retreated to Tsitsihar without stopping. Japanese air scouts report there is no sign of troops in Angangchl.

Gen. Ma's tactics, beginning with the promise to withdraw ten kilometers, then suddenly attacking and finally retreating from a very defensible position, are consistent with the design to draw the Japanese on, and would seem inexplicable by any other, motive. VANTAGE HELD The War Office authorities repeated this afternoon their intention to withdraw from the Nonni bridge" as soon, as repairs are effected, but said instead of retiring to Chen Chia-tun, as originally planned, they will keep- the troops at Taonan. The phinese retreat has given Japan a valuable strategic position but a War. Office spokesman declared there is no Intention of holding it as a vantage point.

RUSSIAN DISCOUNTED Official dispatches states the Japanese casualties -were one officer and thirty-five men killed, seven officers and 137 noncommissioned of ficers and men wounded and two airmen wounded. The Chinese left more than 200 dead, including one Russian officer. His presence is without significance, as many destitute Russians enlist In the Chinese armies. Many of the Chinese casualties were inflicted by airmen during the retreat. Three Japanese planes were damaged.

SOVIET GENERAL PREDICTS WORLD WAR IN CHINA MUKDEN. Nov. 7. (Exclusive)-Gai Blucher, commander of the soviet Red army on the Siberian front in a broadcast Anniversary Day, address from the soviet station at Habarovsk today, declared the "Soviet Red army in the Far East did not hesitate to move to protect soviet interests in Northern Manchuria In 1929, and that will not hesitate to move again in the event of soviet interests being menaced." Concluding his address, Gen. Blucher declared it was his conviction that the present Slno-Japa-nese struggle in Manchuria means the actual beginning of a new world war.

Blucher, under the name of Gen. Galen, served as military adviser to the Chinese Nationalist, forces in the advance on the north' from Canton in 1927, but he left China following the collapse of the Red Chinese government at Hankow. NEW TRENCHES DUG Chinese forces, which effected an orderly withdrawal from front-line positions yesterday morning, are now engaged in the construction of new trenches and fortifications a few miles south of the tracks of the Chinese Eastern Railway, In the (Continued on Page 4, Column 1) ate boom, as Saturday trading was resumed for the winter season. The London stock market was quiet but firm. Hides advanced 4 to 20 points In another active session of the New York hide exchange.

In the New York coffee and au-gar exchange coffee futures advanced .10 to .14 of a cent a pound, and raw sugar futures gained .04 to .05 of a cent a pound. In, the rubber exchange roughly 1-4 of a cent a pound In active buying. The New York cotton market held barely steady, in the face of weekend profit taking, closing .04 to J06 of a cent a pound lower. RYE BREAD MAY BE SCARCE TKIS WINTER CHICAGO, Nov. 7.

(JF Rye bread, the other half of a corned-beef i-andwich, may be a scarce article this winter. Rye closed today at 54 to 60 1-4 cents a bushel for various options compared with 48 to 60 cents a year ago. It is the only grain selling at a price higher than that of a year ago. Official estimates on the size ot the 1931 rye crop placed it at '57 bushels for the entire world. Last year the actual harvest was 921.644,000 bushels, leaving year's crop 164,303,000 bushels short.

FOX RUMOR. CONSIDERED IMPROBABLE Report That ex-Executive to Return to Production Activities IS'ot Verified NEW YORK, Nov, 7. (Exclusive) Interests affiliated with Fox Films today described report that Wil liam Fox, organizer of the motion picture and theater corporations bearing his name and who was ousted from control of the companies last year, will again resume active management of the companies as "highly improbable." The former motion-picture head, who since his enforced retirement, has frequently been mentioned in connection with new realignments ot interests in the film field, could only regain control of the companies by agreement with General Theaters Corporation and the Chase National Bank, since a majority of the controlling stock is in their hands. That such an agreement has been made or is being contemplated by the Chase group, which last April gained representation on the Fox Film board, was doubted today by a Chase official, who has been active in the affairs of the film company. Associates! of Harley L.

Clarke, Chicago financier, who took over control of the companies when Fox was ousted, also placed little credence In the reports and said they knew of nothing to substantiate rumors that Fox was slated to take the reins and that Winfleld Shee-han, Fox general manager in charge of production, whose falling out with his former associate was extensively aired in the courts, would be let out. Air Crash Kills Pilot and Pair WASHINGTON, Nov. 7. (P) Three persons were killed today when a privately owned passenger plane crashed at the Washington Airport. The dead; Fred H.

Korte, 32 years of age, of Salisbury, the pilot; Preston Paynter, 17, of Washington, and Lester Dennis, 30, of Salisbury, Md. The motor stalled in taking off from Washington Airport and the plane fell Into a spin. PENNSYLVANIA WRECK FATAL TO ENGINEER JOHNSTOWN (Pa.) Nov. 7. -William McFaden, engineer of the Lehigh Valley Express of the Pennsylvania Railroad, was Injured fatally and his fireman was hurt probably fatally when the train was wrecked near Sheridan Station, two miles west of here today.

Ten other persons were hurt. blales Were asked to send reports on tMr. Le Craw: Electric power, consumption in Georgia increased 1 per cent hi September over the same month last year, a small but dependable upward movement of the business barometer. Life insurance sales, which had had an average decrease of 15 to 20 per cent each preceding month this year in comparison with last year, showed a decrease of only 10 per cent during September. More than 250 Atlanta firms have signed a "declaration of intentions" not to cut their forces or wages.

SOUTH CAROLINA MILLS ON FULL TIME CHARLESTON (S. Nov. 7. There are evidences of reviving confidence and a real promise of improvement in agriculture and in industry in South Carolina. Determination to curtail the cot.

bn acreage next year, either voluntarily or py lawSouth Carolina, at a special session of the Legislature, enacted the Long plan prohibiting the planting of cotton in 1932 has put upon farmers the necessity of diversification, a process which has been under way for the last few years in this State on a large scale and is evidencing Impressive results. The tobacco industry, of great importance to the State, has been in difficulties for several years, but plans are working to put it in a better way and the outlook for this year is more promising. The trucking industry is, in some specialties, doing well. The cotton mills are increasing their operation and this industry seems to be on the upgrade. Many of the mills are working at full time, and are taking up much of the unemployment.

CHICAGO SEES HOPE IN WHEAT MARKET CHICAGO, Nov. 7. A rush of speculative enthusiasm has swept the Middle West. Its focus is Chicago, prosaic pork packer, steel maker, dealer in wheat, and financial center of the Middle Western area. Business statistics are scarcely cnanged.

A little mora- buying of pig iron, a. little more (Continued on rage 11, Column 3) FEATURES. Radio, Page 6, Part II; Oil News. Paje 18. Part I.

NEWS IN Tart I. SPANISH. Page 10. NEWS OF SOUTHERN COUNTIES. Superintendent of Sherman Institute, Indian school, dies.

San Bernardino chamber drops, support of plan for $15,000,000 power wire butting. Recall election on Pasadena City Directors seems assured. Mrs. Nlcklas wins sensational divorce suit in San Diego. San Bernardino man drowns in shallow water in well after blow on head.

Saratoga is welcomed on first entrance to San Diego Harbor. "Dare" results in injury when boy tries to ride bicycle along on fence. Wife of builder found drowned in ocean. Page 14, Part IV. SPORTS.

Trojans humble Stanford warriors at Olympic Stadium by score of 19 to 0. Page 1, Part I. Harvard rallies to nose out Dartmouth. Page 1, Part VI-A. Georgia defeats New Tork University.

Page 1, Part VI-A. Notre Dame slaughters Pennsylvania. Page 1, Part VI-A. Northwestern; virtually cinches Big Ten football title. Page 2, Part VI-A.

THE CITY. "'Minute of memory" to mark Armistice hour in program Wednesday. Page 1, Fart II. American Newspaper Publishers' Association to hold convention here this week. Page 1, Part II.

Miniature of Los Angeles as it was in 1881 in making for The Times anniversary. Page 1, Part II. Rites conducted for first of navy gun explosion victims. Page 5, Part II. State Corporation Department conducting new investigation into Richfield Oil Company.

Page 1, Part II. Trend of crop prices higher for California products, Chamber of Commerce periodical reports. Page 6, Tart II. Body found In freight car at Corona linked to Oakland mystery murder case. Page 6, Part II.

Ancot Speedway race driver crit Ically hurt in split Page 14, Part I. THE WEST. County prosecutor refuses to reveal ten witnesses tailed for Judd hearing tomorrow. Pase 6, Part I. Great Northern and Western Pacific railroads will celebrate linking of their systems In ceremony at Richer, Tuesday.

Page 9, Part I. GENERAL EASTERN. New wave of bujing sweeps all financial markets. Page 1, Part I. luiph Capone, brother or "Scar-face Al," starts term In Leavenworth Federal prison.

Page 2, Part I. Mrs. Wood, wealthy recluse, tells how she amassed fortune in stork A 1 4 ueain. i age ran Stepmother and father o. girl found in.

"closet prison" held for grand Jury action. Page 3, 1- WASHINGTON. Hoover upheld by rfport of special committee en league iuv. kc Mrs. Hoover advises -11 Club's WAVE OF BUYING SWEEPS LEADING MARKETS AGAIN SETTLING OF ISLE STATUS REQUESTED Legislation Proposed to Define Porto Rico as State or Territory WASHINGTON, Nov.

7. Proposals for legislation to settle definitely the status of Porto Rico were laid before President Hoover today by Senator Bingham and Jorge Arias, Porto Rican sugar mill Bingham, chairman of the Senate Insular Committee, said the future status of Porto Rico never has been officially defined. "No one has said whether Porto Rico will or will not be Independent," the Connecticut Republican said. "They are not organized as a territory as is Hawaii, nor are they set up as a State." Bmgham said he advocated Statehood for Porto Rico when citizens there have mastered the English language. Arias said he informed the President emphatically the Porto Rican people do not desire Independence.

He also said prohibition in Porto Rico is an "absolute failure." Arias was a former leader of the prohibition movement there. Tail-First Plane on Test Flight SPRINGFIELD (Mass.) Nov. 7. (f) A new and strange airplane, which appears to fly tail first and is modeled somewhat on the tailless plane recently flown in Germany, made its first flight at Springfield Airport Its two-cylinder, twenty-eight-horsepower engine functioned today with D. T.

Granville, manufacturer, at the controls. The ship rose easily and made a flight that Mr. Granville called satisfactory. The chief advantage asserted for tive craft is stability. CONTEST TO DEVELOP NEW SPANISH ANTHEM MADRID, Nov.

7. P) Neither the old Spanish National Anthem nor the French "Marseillaise," which is widely popular, is appropriate as the national liymn of Republican Spain, the Council of Instruction feels, so it has organized a prize contest! in which the country's amateur ewd professional composers will be asked to provide new anthem, By the Associated Press Enthusiastic buying again swept over the leading financial markets yesterday, readily absorbing heavy week-end profit-taking sales. Markets generally closed on the crest of a week's sweeping advances in such lines as wheat, silver and stocks. The stock market took the lead away from wheat and pushed up $1 to $5 a share to new highs for the autumn recovery, in the most aggressive bull drive in months. Trading was at a feverish pace.

Wheat dipped temporarily under pressure of profit-taking in the Chi cago pit, but quickly felt the Impact of fresh buying, and closed virtually unchanged from Friday's final lev els. The bond market continued its steady advance of more than a week, as high-grade Issues were taken In large volume. The turnover was the largest for a Saturday ses sion in four weeks. Bar silver at New York advanced 3-8 of a cent to 34 3-8 cents an ounce, another new high for 1931. despite a sag in the London mar Trading was again in large volume in silver futures, but profit taking checked the recent advance.

Bullishness spread to the Paris Bourse, which experienced a moder- limes Circulation Yesterday Same Day Last Year 173,743 GAIN 11,393 As shown by sworn Post Office itatements, The Timei is gaining circulation fatter thin all other Lot Angeles newspapers combined. A.

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