davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-09-29
MERGER ATTEMPTS
VERY OFTEN FAIL
Management Element 90 Per Cent
Of Problem, Business Jour-
nal Asserts.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, September 20.-News-
papers herald almost daily the forma-
ton of gigantic mergers but only faint
whispers tell of Consultations that
have failed, The Business Week says
in its current issued Fully IS per cent
Of all attempts at consolidation. col
lapse, the publication adds, stating that
MANAGEMENT is 60 per cent Of the whole
Citing typical rocks on which pro-
posed mergers are wrecked, the weekly
outlines one case in which q console
dation fell through because its sponsors
could not find within the industry In
volved an executive big enough to take
the helm in the new venture Another
merger has just been broken up through
the death Of man who was depended
upon to head it. Another collapsed
owner OF one Of the companies.
The element of personal likes and
dislikes enters into the merger picture,
the magazine reports. In one case
two men went forward with the de-
tails OF merger of their interests.
In the months of close contact while
negotiations were in progress, one OF
the men discovered he did not like
his prospective colleague. The second
AAaA1 o1cCOf0ES0 q uko 1Scllklk tOWdIo
the other, and the merger was OIL.
When two companies unite" the
publication asks, which Of the two
presidents shall be the head man? A
merger of two New York banks fell
through at the last moment because
one president, always considered very
progressive and energetic, refused to let
himself and his pet organization be-
come secondary. Yet many people con-
slider the other president still more
progressive and energetic.
Were it not for the useful device
Of making one man chairman of the
board and the other president we might
not have any mergers at all. A chair
man Of the executive committee some
times makes room for third man, and
in one or two cases there is q chair
man Of q finance committee. Many
textile companies are really controlled
by the treasurer. There are usually
enough titles to save everybody"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-09-29
BOND PRICES FIRM
AT SHORT SESSION
Sc |
Convertible List Still Affected
by Heaviness in Stock
H. Market.
BY the Associated Press.

NEW YORK, September a. AL
though bond prices were shade .eead-
Ter n today's short session, the tcAe OF
the domestic mortgage list remained
heavy, ending a week in which the pre-
Vailing trend has been downward. q.
ConvertibleS followed an irregular
aourSe, selling of soon ct the opening
but recovering most or all of their
losses as stocks did an about face. Trad
ing in bonds of this type was light.
American Telephone Ayes, showing q
somewhat reduced volume, closed ga
higher. International Telephone az
sold down to the new low for the mose-
ment of 1913, but then went up to- 1872
for a net gain of points. American
I. G. Chemica.' r-<% after q firm open
ing, lost ground and showed q net de-
cline of / point. Commercial Invest
ment Trust SIPS suffered from the
weakness OF the stock at the outset, but
managed to hnsh more than points
above the last Friday quotation. Rich.
field Oil Is, lost Ia on a substantial
turnover.
Railroad. utility and industrial bonds
displayed little life. A few utilities i'm
proved q point or so on small trans
actions, but changes in the other two
groups were narrow.
Foreign bonds eaSed. United King
dom Is made another new low OF 1878
on a small fractional decline, while
minimums for the year or longer also
appeared in Rio de Janeiro IS, North
German Lloyd IS and Montecatini Is
with warrants.
United States Government securities
sold slightly lower.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-09-29

Chile has started its public works
construction program, involving an ex-
penditure of more than $191 900 900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-09-29
BRANCH BANK CHAINS
|F0RESEEN BY BROKERS
National Banking Laws May Be
:, Modified to Allow Greater
Development.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, September 28.-The
next step in the development Of the
banking system Of this country Is the
modification of the national banking
laws to allow branch banking, predicts
an analysis by Hornblower g. Weeks.
1.-THE hrst logical development to be
expected" adds the analysis, will be a
series of bank chains not unlike the
public utility holding companies which
Sprang into investment prominence
from 1924. We believe that subse-
Quently the original banking units will
merge their branch systems into larger
and even more powerful groups, and
that ultimately the appearance of such
super holding companies comparable
to United Corporation and American
SuperpoWer in that field) will CONSOLE
date the banking systems in few ma
tional groups.
Bank stocks have advanced very ma
terially over the last three years and,
based on Standard Statistics Index the
market increase has amounted to 340.8
per cent since 1926, but we feel this adj
vance has been entirely based upon the
unprecedented era of prosperity which
has SO increased the banks earnings
that the yields now available on lead
ing bank stocks are approximately what
they were at that time. During the
same period an average of public utility
securities has increased 1913 per cent"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-09-29
60 CHECKS PER MINUTE
PRINTED BY MACHINE

Checks for the 18sth consecutive divi-
dend paid by the Pennsylvania Railroad
were mailed recently. The total dis
bursement, representing a quarterly re-
turn of 2 per cent on capital stock,
amounted to $11,265, 479. A total Of
10000 stockholders, located in every
State of the Union and practically every
country Of the globe--more than half
of them women-participated in this
Summer" dividend.
Dividend checks are fed to q ma
chine in blank and come out complete
" prepared and ready for envelopes
and mailing. Under the old methods,
approximately two weeks were required
TO get the dividend checks ready for
mailing. The machine now in use
prints $500 checks and stubs an hour
and is capable Of completing the entire
dividend payment In two days Of con-
tinuous running. Sixty checks a min
ute is the capacity Of the new ap-
paratus.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-09-29
POTATO MARKET.

CHICAGO, September 90 Omitted
States Department of Agricultural -
Potatoes-Receipts, 146 cars; on track
$50 cars; total U. S. shipments, 1890
cars: trading very slow, market weak;
whites, ass to 2.65; central section,
2.25 TO 2.40; Minnesota sacked round
whites, 2.25 to $40; ordinary, 200 up;
Minnesota and North Dakota sacked
early Ohios, 2.20 to 2.25; small and i'm
mature, 200 to 2.10; Idaho sacked Rus
sets, ESQ to 2.65.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-09-29
ROAD EARNS $1.o5 A SHARE.

Seaboard Air Line Railways Co, re-
ports for eight months ended August
81, 1929, net income Of 81 ,o88, 654. after
taxes. rentals and fixed charges. but
before adjustment bond interest. This
is equivalent, after allowing for inter.
est on $25 100000 S per cent adjust
ment bonds, to $1.O5 q share on COM
bined shares Of per cent preferred
end Of 81 per cent preferred stocks.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-09-29
Money to Loan

Secured By hrst deed Of trust on real estate
Prevailing interest and commission.
Joseph !. Weller s ssS wash sis I; T NW
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-09-29
CLEARING HOUSE STATEMENT

NEW YORK, September % (P.-The
weekly statement Of the New York
Clearing House shows:
Total surplus and undivided profits.
demand DEPOSITS SaVersseS oe es
decrease: time deposits (average), $16,-
362, coo increase; clearings, week ending
today, $l0,474, 076,804; clearings. week
ending September q, $10,059. 881 Sal ;
clearings this day, $2,oss, 7o8,713.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-09-29
MAY EARN $40 A SHARE.

with no sudden slowing down in
earnings during the remainder of the
year, It is considered possible In Wall
Street that the Pennsylvania Railroad
twill earn close to $40 share on ,ts
stock for 1899. This would compare
with $S2,507,613, after taxes and
charges, equivalent to S734 q share
Cnar 500 earned on 1l,233,479 shares
OF stock In 1928.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-09-29
Discount Rate Raised.

. VIENNA, September % R.-The
Austrian bank discount rate was In
creased today from tx per cent to
81 Der cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-09-29

Because Of the large number Of Win
ter tourists In Egypt, Cairo Is becoming
one Of the leading rug markets Of the
world
The Bismarck tribune., 1929-03-15

CHANCE 10 t.Er EVEN
Tradesman: Now, look here, I've
had enough of this. When are you
going to settle this account.
The Bismarck tribune., 1929-03-15
Head of Jamestown
College Goes East to
Look About for Funds

jamestown, N. D.. March 15.-Dr.
B. H. Kroeze. president of jamestown
college, left this week on a trip cast
which will probably take . month.
DR.. Kroeze will attend meetings Of
the North Central association Of COL
leges and secondary schools at Chi
cago, March 1915. and the Nexus
committee. selected from the board
Of Christian education. He will con-
tinue work on the campaign drive for
the proposed new administration
building and increased endowment
fund.
An aggressive campaign has beer
launched by Jamestown college tor
the funds for the new building, con-
siderable Of which has already been
secured. The building Is to be the
| finest yet on the campus, and will
cost about 100000.
In addition to all the administra-
tion and faculty offices, the new
building will also house additional
recitation rooms for the increased
student body of the college. Y. M. O
A. and Y. w. G. A. rooms, rest rooms
reception and entertainment rooms
museum, trustees quarters, literary
society rooms and others.
The Bismarck tribune., 1929-03-15
chain CIGAR Store
OWNER IS MISSING
Wealthy Chic ago Gambler
Seized Near School Held
for $4,000 Ransom

Chicago, March 15.- The
whereabouts Of Joseph B. Drell, chain
cigar store owner. who is said to have
amassed q fortune through gambling
operations, was still mystery today
although police had previously re-
ported he had been surrendered by
> kidnapers.
Drell's automobile was forced to
The curb yesterday shortly after he
had taken his two children to school.
Witnesses said three men forced him
into their machine at the point Of q
revolver and drove off.
Police we're told last night that
Drell had been put out of an auto
mobile blindfolded in Niles Center. a
suburb. at had taken refuge in q
Chicago hotel for the night. Efforts
to find him today, however. were fu-
tile and police were inclined to be-
lieve the telephone call to neighbor,
which reported Drell was safe, was a
ruse Of the kidnapers.
The reported telephone converse
iion described in detail how his alb
ductors had beaten him and tried to
force him to pay 50,O0O ransom. but
without success Police believed
Drell's kidnapers forced him to call
the neighbor and report his release
to throw detectives off the trail.
A housemaid, through speaking
ifube, informed a police sergeant she
had orders to permit no policeman
inside the Drell home.
The Bismarck tribune., 1929-03-15

by the Association Of Commerce, 30
that when it comes. If one does, the
buildings there will not be washed
away.
Frank Schlommcr. caretaker Of the
camp is driving anchor stakes at the
corners of the buildings. These WILL
be permanent fixtures. It Is believed
that they will be sufficient to hold
the structures, as any flood will have
to rise is feet before 1t will come In
contact with the cabins. The SUR
face Of such q flood Is about all that
can be expected to come in contact
with the buildings.
However. ii a more nlcnacing rise
The Bismarck tribune., 1929-03-15
Work Comes West
for Needed Rest

Denver, March 15.-(P)-Dr. Hubert
Work, chairman Of the Republican
National committee, is through with
politics for the present at least. The
former cabinet officer arrived here
yesterday for "a complete rest"
Il finished my third assignment
when President Hoover was inaugur-
ated," he said.
The Bismarck tribune., 1929-03-15
SHORT TALK BY A THOUGHTFUL
MOTHER

An Indiana mother tells this: I'VE
find nothing to compare with Foley's
Honey and Tar Compound for coughs
and colds. My little lad had trouble
with his bronchial tubes from his
third year, but since we started giving
him Foley's Honey and Tar Com
pound we have been able to control
it. We know there Is nothing to
comr--e with Foley's Honey and Tar
Compound" The very name tells q
story. Good also for Group tspas-
modic) and troublesome night coughs.
Ask for It. Sold everywhere.-Adv.
The Bismarck tribune., 1929-03-15
THE MOTHER TONGUE

THE MOTHER TONGUE
A vaudeville artist was singing
"Baby Face" only he pronounced it
"Biby Flee"
This wasn't going at all we'll with
his audience. so brother perform.
e. told him to sing it in better Eng
lish.
"Yes." he replied, "but, you see
Baby Face does't rhyme with the
next line-'Tike your plice. Tit
Bits.
The Bismarck tribune., 1929-03-15

Women. in my opinion. are Diff
ferent than they used to be-"
"How's that?"
There's my daughter, for instance
---she's taking up law, whereas her
mother always lays it down. Fit
Bits.
The Bismarck tribune., 1929-03-15
TWIN DAUGHTERS DIE

Jam--cown. N. D.. March 15.-(P)-
Six-year-old twin daughters of Mr..
- Mrs. John Gruhlke, farmers near
hi :, died ON diphther.a within q
I. of each other.
The Bismarck tribune., 1929-03-15

Princess I'att Coffee. The
coffee with a flavor of un.
usual richness.
The Bismarck tribune., 1929-03-15
should occur at any time, cables can
ioe used to reinforce the ancl1orinp.

oe used to reinforce the anchoriug.
So tar the river has risen only les
feet in a week here. Word from Will
liston Is that the water there stands
at l4.3 feet. The Missouri IL open at
Fort Benton In mid-northern Mon
tana and there is no flood on. the por.
ton west and south Of the point. The
return Of sunshine is expected to set
up another flood tide in the Yellow
stone. but that will be slow in reach
Ing this section through the Missouri.
The Bismarck tribune., 1929-03-15

Pugilist: Afraid can't do it ~
the moment, but I'll let you ave u
course Of instruction in boxing 81
exchange. Passing Show.
The Bismarck tribune., 1929-03-15
FLOOD PRECAUT|ON
AT TOURIST CAMP
Caretaksr Stalking Anchor Posts
at Cornerc Of Cabins;
River Calm

Preparations for a possible flood
have been started at the tourist camp
The Bismarck tribune., 1929-03-15

Princess Patt Coffee.
royal drink.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-14
Moody Overruled
On Board Matters

AUSTIN, Tex, Nov. 14-tF1-The
forty-first legislature created three
boards and commissions with an ag-
gregate membership Of "a. the per-
sonnet to serve at $40 per day and
expenses while tr~ansacting official
business.
In spite OF Gov. Moody's appeal
to the legislature in his formal mes
sage TO reduce boards and commits
siOns and consolidate departments
in the interest Of efficiency and
economy, the lawmakers created
some new ones.
The board Of education has nine
members. not including q committee
OF five appointed by 1t to consider
text book adoptionS. This makes IA
persons serving in connection with
It.
it. The BARRIERS board has four men,
bers. this being a new commission.
The game, fish and oyster COM
mission of six members was created
10 replace the game, fish and oys-
ter commissioner. who remains.
however. as executive secretary OF
the commission.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-14
Intentions Filed

jose Julian Caballes and Maria
Luisa Trueba, San Benito; Alberto
Treylno and Maria de Jesus Cis-
neros. San Antonio; j. w. Schra-
eder and Mary Lee Jones, San Ben
ito; Forrest Hay. San Benito. and
Florence Criswell, Yoakum; Arnul-
70 Vale, San Antonio. and Con-
suellto Bolado, Brownsville: Eddie
Valent and Blanca Cobo, Browns
Vile.
Licenses issued: Arthur Hertz
md Glarine Trip, Francisco Uval-
le and Herlinda Gutierrez, K. o.
Grigsby and Dorothy Barron, Ma
tide Garcia and Teresa Vasquez:
Ernest w. McCallum and Elizabeth
Webster.
Ernesto Cara. Mercedes, and
Antonio Perez. La Feria. and Mi
guel Maldonado. Villa Nueva, and
Emilia Torres, Las Prietas.
Marrige licenses issued: James
Norris Wigington. Brownsville, and
Verna Pearce. Alice, and Eddie
Valent and Blanca Cobo, Browns
vile.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-14
San Benitoan Pays
Pistol Toting Fine

Francisco Rodriguez OF San San
Benito was fined 500 and costs in
the county court at law by Judge
John 7. Kleiber Wednesday on char
ges Of carrying a pistol illegally.
Rodriguez was taken into custody
Saturday by Constable Joe Hofling
of San Benito.
The man was remanded In jail In
default OF the fine.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-14
Valley People Eack
From Water Meeting
Especial to the Heraldl

SAN BENITO, Nov. 14-Frank
5. Robertson member Of the Valley
advisory committee which attended
the meeting In Washington OF the
International waters commission Of
Mexico and the United States, has
returned to this city.
w. K. Anderson or San Benito, q
member Of the commission, is ex-
pected back within a week.
Other Valley people who attended
the meeting are n. y. Rentfro or
Brownsville, and Gregg Wood or
Mission.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-14
New Traffic Signal
Installed at Donna
ESPECIAL 10 THE HeraIdl

Sopeclal 10 Inc Herald)
DONNA, Nov. 1.-THE Missouri
Pacific Lines have installed q bell
and light signal at the crossing on
seventh street. Several lives have
been lost at this crossing and it
has been one OF the most danger
GUS along the right-of-way due 10
the proximity OF buildings, which
obstruct the view.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-14
Big Vegetable Crop
In Donna Expected
ESPECIAL to Me Heraldl

-E~~~"~ - @AAN ~ AAF
DONNA, Nov. 14-Prospects for
a bumper vegetable season are
foreseen for Donna this year II
weather conditions remain favor
able. Green beans and tomatoes
are being shipped daily. Twelve
cars OF vegetables have left here
in the past ten days.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-14
Day In Congress


(By The Associated Press)
THURSDAY
Senate continues tariff
debate. Senate lobby committee
questions. j. a. Arnold or Southern
Tariff association. Senate audit
committee takes action Oh Hef1in
resolution to investigate cotton ex-
changes.
WEDNESDAY
Leaders OF senate and house
appeared TO be ready to ad-
journ ON November %. Senate
approved finance committe amend
ment returning shingles to tariff
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-14

LISBON -tF1-Portugal's latest
warship. the sloop "DIU" was laun-
ched in the Admiralty yard on the
Tagus. The vessel has a displace-
ment Of $50 tons and is the fastest
craft IN the Portuguese Navy. 1t
carries 10 officers and 80 men.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-14

tInn ON How t0 Build a Standard
sunday school Meetings are held
every night nc Y o'clock at the tab
ernacle and win continue through
the week. "a large attendance is
rpDnrted. Joint afternoon sessions
are held at the Baptist church in
Iharr.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-14

free list and disappr0ved increase on
watches. Joseph II. Gundy declin-
ed to give senate lobby committee
hts list OF common and preferred
senator's" Senator Helm. democrat.
Alabama, deferred attempt TO OBJ
tain senate action on his resolution
to investigate cation exchanges.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-14
Training Class For
Donna Baptists Held

Especial TO The Herald)
DONNA, Nov. l4-Miss Bill q.
Morgan OF the Baptist state Sun
day School department Of Dallas
is conducting a school for instruc-
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-14

Or. s. p. Brooks. president OF
Baylor, takes evident delight IN
matters OF public service such as
that in which he now is enlisted.
He was appointed by Gov. Dan
Moody as a member of the direct
crate Of the all-Brazos conserva-
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-14
TOBACCO ATDs EMPLOYMENT

Southampton. Eng.-A tobacco
company win more than triple its
present employment roll by erecting
a new factory here.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-14

ton district and shared z~estfuIly
IN the proceeding or the board in
its first session.
Selection Of the railroad COM
missions new chairman now pro-
misses to be made by the three
commissioners within the next two
to three weeks.
IL is awaiting the return OF
Commr. Lon A. Smith to his desk.
Mr.. Smith was critically i'll, his
life deSpaired OF for day; but he
Is now well on the way to re-
covery. Former Gov. Pat M. Neff
was appointed on the commission
as successor to the late Clarence
K. Gilmore, who was chairman,
during Mr.. Smiths illness and the
board has never considered naming
Of its new chairman.
There should be q whole flock
Of bills for creation OF cooperative
marketing organization and offer
ing different acts Of legal machin-
cry for establishing the coopera-
tives, in the light Of the prompt
response Gov. Moody insisted the
farm board make use OF existing
cooperative marketing machinery.
The federal government replied
the existing association met its re-
quirements, but broadly limited 1t
wish that Texas farmers should
more generally make use OF coop
erative agencies.
With promised federal aid loans
Z the other end or the string. many
egislators likely will be imbued
With the idea of hitching such a
-ource Of supply.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-14

Democratic regulars, according
to John Boyle of San Antonio, are
looking forward to the next cleo
ton with a firm purpose OF doing
in Texas what the voters OF Vlr-
ginia did-settle the question for
a good while about the strength Of
the fusionists.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-14

Antonio national convention OF
highway officials this week.
Some OF those who have heard
the discussion OF his possible fut-
ure connection understood the
proffered administrative post IS
with this organization. Others un-
derstood only that it was a nat
ional engineering organization.
M. Gilchrist holds one OF the
has not rendered his resignation
Is executive head Of the state
highway department.
This was supplemented by q re-
ply Of Chmn. r. S. Sterling Of the
Texas commission to inquiries,
that he had heard nothing or Mr..
resignation.
Gilchrist has said this much
that If he should turn to other
work. his going would be a matter
of several months notice" That
still leaves the matter open TO
possibilities.
Mr.. Gilchri5t hold one OF the
states best-paid positions, with q
salary Of $1,000 a year.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-14

Conflict over trial OF Marshall
Ratliff, condemned Santa Claus
benefit on an affidavit of insanity
promises to bring about a law that
VIII make such uncertainty i'm
possible in future.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-14

One OF the laws on the books
that many will be thumbing the
books for is that limiting the ex-
penditures in a campaign for the
highest state offices to $4,000.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-11-14

Antonio national convention or
highway officials this week.