davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-06-07
Bank Increases Stock

Pursuant to decision of the Wash
ington Mechanics Savings Bank to
increase its maximum authorized
capital stock from 5000 shares of
par value of SO each to 10000 of
the same, warrants have been is
sued to stockholders Of record May
81, giving each the right to sub
scribe to a share of the new stock
at $40 per share for every share OF
old stock held. J Warrants transfer
able, Invisible and exercisable under
conditions set forth in the notices.
expire after noon June %.
The bank was organized by Ezra
Gould, it's president, in 1906; in 1924,
took over the two branches of the
Peoples Commercial and Savings
Bank and now maintains a main
office at Eighth and G Streets
southeast, and branches at 36O8
Georgia Avenue and Ninth and
East Capitol Streets.
It's deposits at this time are over
$2,700,000 Its present capital is
$4,000 and surplus and undivided
profits are sos, 900. After July 1
the capital will be 100000 and sur
plus and undivided profits; $155,00o.
For the past three years the bank
has paid a regular quarterly divi-
dend Of per cent and an extra
dividend of per cent, making the
old stock on an annual bass of %
Der cent.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-06-07
BALTIMORE LIVE STOCK

UNION STOCK YARDS, Balti-
more, June 6.-Cattle-Reeei 125
head; market steady. Steers, choice,
$l3.00@13.25: good $t2.00612.75:
medium, $11.0O@11.75; common, So 90
@10.25. Heifers., choice, $11.5O@
1880; good. $1O.25@11.0O medium,
$9.00@10,00: common, $7.75@S.75.
Bulls. good to choice. $10.O0@11. 90;
fair to good. $9.25@10.00 common to
medium, $S.0O@9.0O. Cows, good to
choice, $9.50010.25; fair to good,
$S.O0@9.25; common to medium,
$5.O0@7.75. 4'ennsylvania and Della
ware lower than above quotations.
Sheep and Lambs-Receipts $50
head; market steady. Sheep, $4,000
700; lambs. $12.OO@16.5O.
Hogs-Receipts 500 head; market
/ 6 h lights, $11.S0; heavies,
81 .40@11.50; medium. $11.S5; roughs,
$7.5n@1O.3O: light pigs, $1O.75; pigs.
$11.60. Ohio and Western hogs, 100
20 cents higher than quotations;
trucked no IS, 5000 cents lower than
above quotations.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-06-07
new ISSUE IS
OFFERED BY
MELLON
BY HARRY GUSACK
Financial Editor

The highest interest rate paid by
the Government since 1921 is offered
by the Treasury Department today
in $4O0,00o,OOO in certificates Of
indebtedness at SIS per cent. ma
turing March Is, 1880.
In making the announcement
Secretary. of the Treasury Mellon
said:
The Treasury is today offering
for subscription, at par and accrued
interest, through the Federal Re-
serve Banks, an issue OF nine
months SIS per cent Treasury GER
tificates Of Indebtedness Of Series
TM-1930, dated and bearing inter.
est from June Is, 1929, and nlatur-
ing March Is, 1880. The amount
of the offering is $4,000 5000. or
thereabouts.
Applications will be received at
the Federal Reserve Banks. The
Treasury will accept in payment
for the new certificates, at par,
Treasury certificates of indebtedness
of Series TJ-1929, maturing June
Is, 1929. Subscriptions for which
payment is to be rendered in certifi-
Gates up to the amount of the
offering.
Bearer certificates will be issued
in denominations Of $500. $1,000,
$4,000. $4,000 and 100000. The
certificates will have two interest
coupons attached payable September
Is, 1929, and March Is. 1880.
Payments Due June Is
About $500, 100000 Treasury GER
ttficates of Indebtedness and nearly
500, 200, 900 in interest payments on
the public debt, become due and
payable on June Is, 1929.
The present offering, with tax and
other receipts, is expected to cover
the Treasurys cash requirements
until September.
The text of the official circular
follows:
The Secretary of the Treasury,
under the authority of the act APP
proved September "a, 1917, as
amended, offers for subscription, at
par and accrued interest, through
the Federal Reserve Banks, Treas
ury certificates of Indebtedness of
Series TM-1930, dated and bearing
interest from June Is, 1929, payable
March Is, 1880, with interest at the
rate of 5B per annun, payable on
q semi-annual ba sis.
Applications will be received at
the Federal Reserve Banks.
Bearer certificates will be issued
In denominations of $500, $1,000,
$4,000 and 100000. The certifi-
Gates will have two interest coupons
attached, payable September Is,
1929 and March Is, 1880.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-06-07

LOCAL STOCKS
FURNISHED by W. B. Hibbs d Col
SALES

SALES
washington Gas IS B, f100@t03,
washington Railway and Electric
As. $1,0OO@851z.
Capital Traction Co., 100937s
1O@94, 1O@94h, 10@94K, 5@941z,
Potomac Electric SIS pfd., 5@II2.
Potomac Electric 5hs pfd., 4D
1854, 1O@105%, 10@105h.
Washington Railway and Electric
pfd., 1@95h.
Second National Bank, 109230.
Cal. Sand and Gravel pfd., 100
SS1a.
Federal American Co com, 100
49A, 1O@49.
Merchants Transfer and Storage
Company, 100124.
Mergenthaler Linotype, 109104k,
10@1O4%, 30g1O4A, 2O@1o4, 100
1O4.
Woodward & Lothrop pfd., 100
TX.
AFTER CALL
Federal.American Co. COM, 100 40,
15@49.
Potomac Electric 5hs pfd.. 100
Capital Traction IS, $2,O00097%
s4,0O0@9S.
1854.
Potomac Electric cons. SIS, $1,000
@101R.
Georgetown Gas SIS, $2,Oe0@99h,
$50O@99%.
National Bank of Washington,
303O1h.
Potomac Electric 6s, 1853, $1,000
0107h.
Capital Traction Co., 4@94A.
Anacostia & Potomac Railroad SIS
mgtd., $1,000094.
UNLISTED DEPARTMENT
Cosmos Club 4hs, $1,00009O.
This exchange will close on Satur-
days during June, July and August.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-06-07
POWER T ER MS
TREND TOWARD
MERGER
BY b. c. FORBES

ATLANTIC CITY, N. j., June Z.
J. P. Morgan & Co promise TO be-
come the towering power in the
utility industry.
What will be the ultimate out
come of this and of other far
reaching developments now being
rushed through at rate bewild"r-
ing to the public? / had the te-'
merity to discuss this rather deli
cate question in little talk before
the National Electric Light Asso-
citation annual convention here
today.
What is going on is this: The
hundreds of electric light and power
companies scattered throughout
the country-as we'll as gas COM
panies-are being corralled by
handful of very big corporations
that are almost daily becoming
still bigger and bigger. The
prospect is that before long there
will be only half a score. and
later not more than nalf
dozen gigantic utility corporations
or groups OF corporations.
Looking further ahead one can
see looming the concentration OF
Americas utility enterprises into
only two or three groups domi-
mated by the most influential finan-
cial interests in the land, includ-.
ing notably the Morgans and Mel
Ions.
Now, the Socialist attitude to-
wards such concentration as we
are now witnessing in the utility
field as we'll as in certain other
fields is: Go aheac and round
'em up into one or two monstrous
organizations-and then II will be
easy for US to take 'em all over.
Is there not just enough logic
in that statement to cause the
financial powers that be to pause
and to ponder the wisdom, the
business craftsmanship of the
cause they are today following at
unprecedented speed?
My advice to the utility industry
today was stop, look, listen"
J. p. Morgan and his associates,
who are so energetically building
up billion-doIlar utility concerns,
explain that they do not aspire to
run the many enterprises they
are buying into. They carefully
avow that they are not acquiring
a ma iority of the stock of any
companies, only a minority in"
terest.
But If the Morgans or the Mel
Ions or the insults own any con-
siderable percentage of utility's
stock, nobody doubts for a mo-
ment their ability to dominate its
policies. Everybody knows that
a concentrated holding Of 10, 20
or 80 per cent Of the capital OF any
large corporation having thou
sands of shareholders can usually
swing control.
But what is the plan of the
utility leaders to offset this con-
centration? They are working
even more assiduously than ever
before to gain extremely wide
distribution of stocks among the
public.
Utility executives were the first
to discern the Value of customer
ownership of securities. They in
augurated the movement. And
they have developed it more ex-
tensively and more successfully
than any other industry.
That is the brand of public
ownership the utility giants are
after, the brand which Is their
goal, the brand which they hope
win counterbalance demands for
Government ownership.
Copyright. 1929. by r, c. Forbes)
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-06-07
DISPLAY
IRREGULAR
TONE
Rv w. & C0IISINS

NEW YORK, June U.N.S.l-
The Forward swing in the railroad
utility and a few of the industrial
and speciality stocks was resumed in
the first hour today. A damper was
put on the bullish sentiment by the
naming of a 5h per cent interest
rate for the new offering of $475,'
900, 900 Treasury short.tern notes.
This is the highest rate since 1921
and. indicates the Treasury officials
belief in a long period of high bor'
rowing rates and tight money"
The best records were made in the
early trading by, New Haven and
Erie. in the rails; Continental Bak.
ing and Postum in the food stock
group; General Electric and West
inghouse in the electrical shares;
American Waterworks in the utili-
ties; United States Steel and Ameri'
can Can in the industrials.
Wall Street was filled with
rumors of new mergers and CONSOLE
dations in the tobacco and food in
dustries. Reorganization of the to-
bacco industry to choke off retail
store competition was reported,
under the direction OF powerful
bankers. United Cigar Stores, to-
bacco products and other tobacco
stocks were we'll bought on the
rumors. Fleischmann was again
the leader of the od-products
stocks. with Continental Baking A
and B moving into new high-price
territory.
American waterworks jumped 6
points to a new high at 1917 COM
plotting gain Of So points In it's
latest spectacular advance. The
stock is selling at 80 times its 1924
price, counting stock dividends and
split-ups. The airplane stocks sold
higher on announcement of re-
markabIe developments in CONNER
ciaI aviation, including the opening
of the transcontinental air pas
senger service to Los Angeles next
EPidaV
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-06-07
BALTIMORE PRODUCE

BALTIMORE. June g. - eggs,
market about steady; on the Balti-
more Butter and Egg Exchange:
nearby fresh gathered firsts, sales,
IS cases, soc. Closing offerings,
soc; bid 29c. Receipts. butter, 144
tubs; eggs, 1929 cases.
Live Poultry-Chickens, young,
colored, as to size. 35@45c; leghorns,
2 lbs. and over. 32@34c; Ia to
2 lbs, 3O@S2c; l to IA lbs, ESQ
2Sc; old, heavy, S2c: medium size,
31632c: leghorns and other light
stock, q a soc: ROSTERS, IS O zoe.
Ducks, white pekins, young. A lbs.
and over, 2S03Oc; puddle. young. 4
lbs. and over, 2S@30c; muscovy,
young, lbs. and over. -2s@sOc: all
kinds, small and thin, 20 q 24c.
Pigeons, per pair, old, IS q 4Oc;
young, 3O@35c.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-06-07
OIL STOCKS

FURNISHED by ". B. Hibbs & COB
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-06-07
BAL TIMORE GRAIN MARKET

Wheat-Firmer. No. 2 red winter
garlicky. domestic, spot, s1.1O. Re-
ceipts, 1888 bushels; shipments,
54,2S5 bushels.
Corn-Higher. No. yellow do
nestle, S1.01-1.02 bushel. Receipts,
none; shipments, 1850 bushels.
oats-Quiet. No. white, domes-
tic, 55c bushel: No. 3 white, 53c
bushel. Receipts, none; shipments,
1,156 bushels.
Rye-Nominal. Receipts, none;
shipments. none.
Hay-Steady on top grades.
Flour-Firm.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-06-07
Bank Trustees Elected

At the annual meeting of the
stockholders of the East Washin :.
ton Savings Bank, the following 10
trustees were elected to serve the
ensuing year:
John c. w. Beall, James A. Dono-
hoe, Gratz E. Dunkum, Lewis
Flemer, John Ford. w. P. c. Hazen,
Francis ]. Kane. Michael A. Lynch,
Morris e. Marlow; Charles A. Nc
earthly, Henry H. Mckee. William
N. Payne. jr., Samuel H. Walker,
John C. Weldon and John C. Yost
Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1929-12-26

in your hand! Look at It'll" His hand
shot out and pointed.
We all looked at the book-end. The
thing was a heavy bronze, with a figure
Of Mercury flying out of the side. BY
some CHASTITY trick of fate the out
stretched hand had dealt the deep blow
on Silvester'S temple. There was blood
on the cold bronze fingers, and a few
hairs.
Caroline Lewis shuddered slightly.
Finley'S sheer was triumphant. Regi-
maid Stanton's f1orid face was still q
study.
Judge Lewis flushed brick red. BLAST
the book-end on the floor! I picked
it up like any sensible person would,
and was holding it when you burst in
the door! What were you doing in
the outer Office, anyway"
II came to wait for Sylvester" Finley
growled. Il didn't think I'd be in time
to hear him murdered"
Get out!" Judge Lewis cried again,
II won't stand for your presence here!'
Ben got between them again and
averted any clash. Finley" he sale
icily. Keep your mouth closed, or III
arrest you for hindering my work."
Ben let him stay, to forestall any
squawk that there were shady doings
He saw what I had already. This
thing was getting into politics. Tht
!, less ammunition he gave Oscar Finley
the more he would cramp that gentle.
| mans style.
II think" Ben said to the doctor
!, that you had best examine the bod,
with the judges statement in mind
What could have caused Sylvester tt
: jump up and fall helplessly over thu
desk? Heart trouble?"
Possibly" the doctor said obviously
E How did he act, judge? Cry out
Seem to lose his breath? Get red, a
e though though he was suffering from
t a stroke?"
II didn't notice" the Judge con
( fessed. Il wasn't looking at him a
/ the moment. He didn't cry out, In
q certain. / heard his chair Scrape, an,
4 then he pitched forward across m
: desk, struck the bronze, and followe
it to the floor. I ran to him and ha
Il Just picked up the bronze when tn
door burst open and you people en-
d tered"
"Hmmmm," the doctor said doubt
fully, and studied the body on tn
, floor once more. "An autopsy Nigh
throw more light on the matter. Of
d hand, though, l am sorry to say ther
h are NO signs OF a stroke or heart fail
ure."
ben nodded and looked at Osca
Finley. Nov, what's all this abo,
;, the errand Sylvester came on?"
% Finley shrugged. II don't know tn
" details exactly. Sylvester merely mer
ar toned the matter to me. and said /
a was going to lay it before the judg
1t had to do with some shady dealin(
p by the judges friends in connectio
n with the election"
is IAN insufferable iel" Judge Lew
burst out, eyes blazing, mustache tren
bling with the intensity Of his emf
1t ton.
~ "Silvester did not have the gall
Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1929-12-26
CLENDIVE ENJOYS
STEADY BUILDING

A resume of building activities at
Glendive during 1929 indicates that it
was n Of the best years ever enjoyed
by that city.
The Northern Pacific railway, which
has large shops, a roundhouse and
divisional Offices there, spent large sums
In new yard trackage, a new coal dock,
Improvements at shops, construction Of
car repair shops, installation Of q soft
water system and enlargement of local
divisional facilities.
The expenditure of hundreds of
thousands of dollars by the railway
company has made of Glendive a more
important railway point. Completion
of the Redwater branch added to the
Importance of the town as a railway
point.
The Montana-Dakota Power COM
pany, which maintains divisional head
quarters at Glendive for operation OF
its natural gas and electrical service
at more than 100 towns and cities In
eastern Montana and western North
Dakota, spent large sums in addition
to both gas and electrical service. New
gas lines were built, new transmission
lines constructed and many improve
ments to the large gas burning elec-
trical generating plant were made.
Principal business buildings erected
were an addition to the Hotel Jordan
construction of an Office and store
building by H. N. Hanly and erection
Of q j. G. Penney store by Dions Sons
Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1929-12-26

heard voices in the judges office. We
sat down and grinned at each other.
We could hear the judge speaking an
grily for a moment.
Within the next five minutes two
more people entered the office. One
was Caroline Lewis, the granddaughter
of the judge. Caroline had lost her
parents some years before, and now, in
her early twenties, managed the house
hold of her grandfather.
A blue ribbon girl, Caroline, with
her share of looks and style. With
her was Reginald Stanton, junior
partner of the Judge, and a man I
wouldn't give a dime a dozen for.
To give the devil his due, Reginald
Stanton knew his Blackstone and juries.
His f1orid, rather handsome face, still
youthful in its late ~forties, had some
thing more than vacuum back OF it.
And when he wanted to be nice he
could be smoother than a creased eel
Fine day." he beamed after I'd
greeted Caroline Lewis and then he
introduced Ben to her.
Great" 1 agreed briefly and Their
turned away from him as Caroline
spoke. rs grandfather IMP" she asked
I'm his Office talking to some one,
I told her.
Stanton's f1orid face retained its sun.
ny smile. He won't be long, Caroline
You a wait in my Office"
I'D rather sit out here and talk,
. she answered, and pulled up a chat
and sat down.
1 caught a disappointed frown sweep
ing across Stanton's forehead as h
pulled up a chair also and joined tn
party.
Stanton was a widower of a year.
Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1929-12-26
By
T. T. Flynn

but / will not be interrogated by q
scoundrel like you in my own office!
Get out, l tell you'll" He advanced a
step threateningly.
Ben darted between them.
Cool down, judge!' he begged. Fin
ley, keep your mouth closed! I'm in
charge here now!"
Il want to see justice done!" Finley
growled.
Ben gave him a level glance. Are
you charging l won't? D'you say I'm
crooked?"
Nothing of the kind" Finley denied
hastily. But this is a great shock to
me. Sylvester was a dear friend of
mine. II can't look at his murderer
and not speak my mind"
Il know" Ben commented drily
But look the other way if it affects
you SO. III get at the facts in my own
way"
In that moment the doctor came
through the door. He soon set oul
minds straight. Dead" he pronounced
getting to his feet and folding hi.
StethoScope IN his hand. Il should
say the wound on the temple caused
immediate cessation Of the functions.
"B-but something happened before
he received the wound on the temple!
Judge Lewis protested in a voice tina
would not hold steady. "He-he jumped
up from his chair, knocking it over
and then pitched forward on the corne.
of the desk. His temple struck tn,
book-end that was there. 1t causet
the wound"
Jumped up?" the doctor asked will
interest.
Yes. See where he knocked hi
chair over?"
The chair was on the floor all right
on its back.
Oscar Finley sneered aloud. "A thil
yarn! We heard you fighting! Hear
you say you'd see him in hell first
And when we opened the door you wer
standing over him with the book-en
Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1929-12-26
The Man Who Judged

We chewed the rag for a few min
utes and then the door opened and
we became five.
Oscar Finley was the sad news.
Do YOU see a loud checked suit, a
blue-black. super-barbered jowl, a pair
of thick Inns. a set of eyes that wouldn't
be out of place III a pigs heao, ana a
political derby with a raKlsh uitf
Then YOU see Oscar Finley
The best l can say Tor oscar Is Ilat
he had never been caught.
When the political ball Is salhng
back and forth, and the paving con-
tracts are being let, and the garbage
disposal parceled out, n piuS Oehe
made for the schools and so on, LOOK
for Oscar. -,
Il am looking for my good friend,
Henry Sylvester. He dropped aroun
to see Judge Lewis, If | am not mis-
taken.
So Henry Sylvester was the person
on the receiving end OF the Judges
angry words. A smooth, mealy moutheC
SINISTER lawyer who managed 10 keeL
about two leaps and a slip ahead o.
disbarment by the skin OF his uneven
teeth.
Reginald Stanton waved a hant
toward a chair. Mr.. Sylvester Is evil
IDENTIFY still with the judge. Make your
self comfortable-unless you are inter
ested in the matter they are discussing
will tell them you are here, If So"
'Norhave no interest in 1T at all,
Finley declared with emphasis. Jus
thought I'd drop in and wait TO
Henry"
I began to wonder just what wa
under discussion in the judges Office
Whatever it was, was hot. The judg
let loose again with an angrv torren
of words. he last sentence reached u
all pretty plainly. III see you IN he
first, Silvester!'
Then more words, fast and furiou!
They stopped. Suddenly we heard tn
crash of a chair falling over. Then
Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1929-12-26

a dull thud.
For the space of three seconds we all
sat rigid, staring at the door. Ben
Tack Jumped to his feet. Reginald
Stanton hurried to the door, his horld
face changing color. I was right be-
hind him with Ben.
Stanton threw the door open and
looked in. Utter amazement swept his
face. His jaw dropped.
Ben stepped by him into the room.
I looked past the two of them.
What we saw was enough to root
us to the spot in speeches. surprise.
Judge Lewis was STANDING before the
big, fiat topped desk sitting at an angle
in the far corner of the room. At
his feet sprawled the inert body OF
Henry Sylvester. The judge was star
ing down at it.. AS we stopped there
in the doorway, he raised his head and
glanced at us. Then he looked down
stupidity at a massive bronze book-end
that he clutched in his hand.
The tableau held for a few seconds.
HE seems to be dead" the judge
exclaimed in a thin voice.
His words broke the spell. Ben
hurried forward and knelt by the body,
Sylvester was f1accid, lifeless looking
In his right temple was an ugly hole,
from which red blood seeped down
over the waxen skin.
Ben ripped the coat and shirt open
and felt for the heart. He shook his
head as he withdrew his hand.
Dead" he stated. Dead as a stewec
prune."
Judge Lewis asked, pale faced: Are
you certain? 1t may merely be uncon'
seriousness"
"A chance" conceded Ben. rs there
a doctor in the building?"
-Four" the judge answered hur'
riedly. "I-IU call one" He used thu
phone on his desk.
Caroline Lewis and Oscar Finley wer'
in the room, also. She was staring a
the body with wide, frightened eyes.
Oscar Finley was chewing his thicl
lower lin scoWling thOughtfully. l coult
almost see his brain working. N
the man he had called friend. He an,
Sylvester had been friends IN the grab
bling Of coin.
Reginald Stanton still wore the daze'
look of surprise that had flashed acros
his face when he opened the door an
looked in. 1t seemed to be a prett
big jolt to him.
Judge Lewis set the phone dowr
doctor jackson will be here in a fe'
" moments" he stated, and smoothe
k the ends of his white mustache wit
2r a hand that trembled slightly.
Oscar Finley spoke, harsh, accuse
: tive: did you think you could kee
J. the matter quiet by numbering him?
"You-you- Blast your cheek
the judge cried angrily. Il don't kno
lie what you're talking about! Silvestt
was seized with a heart attack or
stroke!"
,e, Oscar Finley sneered. Heart attack
You'll have to get a better defense tina
that! What about the wound in h
temple there? What about the booE
IN end you slugged him with2"
ut The judges eyes flashed. Get OF
of here! I can explain everything