davidaulloa/AmericanStories huggingface dataset:
Milford chronicle., 1929-10-04

the goods in the windows of the
Pierce Hardware Company. The pa
irons of the school are urged to look
for the exhibit and are also invited
to inspect the remaining articles at
the school.
There came recently from Mr.. W.
e. Douglas, president of Goldey Col
lege, to Mr.. Shilling letter offering
to our school great service. First
OF all it announced that with the
compliment of Goldey College a
years subscription to The Business
Educator will be sent our school in
the interest of good penmanship. In
this publication has been prepared
a series of penmanship lessons by
Mr.. G. G. Greene, head of the pen
manship department of Goldey Col
lege. Then, too, Mr.. Douglas offers
the services of Mr.. Greene in making
constructive criticisms of specimens
of penmanship. Besides he will soon
visit our school to render any possi-
BILE service in the cause of Good Pen
manship.
Mr.. Shilling likewise received a
second very interesting letter, which
emphasizes the good work of our
Commercial Department. In order
that the friends of the school may
share with us any appreciation that
letter such as the following Gre
ates, we give you this opportunity to
do SO:
Beacon College,
Wilmington, Del,
September 26, 1929.
Mr.. R. E. Shilling,
Milford High School,
Milford, Delaware.
Dear Mr.. Shilling:
Every year, we have young peo-
pie in attendance who are graduates
of commercial courses offered by
Delaware, Maryland, Virginia, New
Jersey, and Pennsylvania high
schools. Some of these young peo-
pie are especially well grounded in
their subjects, and some have had
only a superficial training. A con-
siderable number rank between these
two extremes.
For your information and encour-
agement, would like to tell you that
your graduates rank with the best.
They are well prepared for the ad-
special training which we Of
fer as a special course to high school
commercial course graduates, and 1
hope that we may have some of them
as members of our student body
every year.
With regards and best wishes, |
am, Sincerely yours,
]. w. HIRONS,
JWH/W Vice-President.
Milford chronicle., 1929-10-04
They Did

Here lie the. bones
OF Farmer McMunney.
He thought the mushrooms
Tasted funnyi
The Pathfinder.
Milford chronicle., 1929-10-04
SnOiIed Child

"Aunty," spoke up little Frank.
"please speak to Junior. He's sittini
on the flypaper and a lot of flies are
waiting to get on"
The Pathfinder.
Milford chronicle., 1929-10-04
Some Chnrches Thin Sn

On being asked why the Bible is
called the Holy Book a small boy
answered: Because it is wholly
neglected"
The Pathfinder.
Milford chronicle., 1929-10-04
By PAULINE

By PAULINE
1T you seek the treasure
That lies at the TGinb bo10's end,
The Ginbo10-hHed Opal
WaI luck to your VentHre lend"
Milford chronicle., 1929-10-04

Virtue has its own reward. You
can. generally find parking space
near a church.-The Pathfinder.
Milford chronicle., 1929-10-04
AN ANNIVERSARY OF DAILY LIFE

There is to be a celebration in De-
troit, October 21, of the semi-centen-
NAL of the development of the incan-
descent lamp by Mr.. Edison. This
anniversary is quite different from
many that are observed in different
countries. Such celebrations are
very apt to commemorate some cpl
sode of war or revolution.
Here is an anniversary that COM
memorates an exploit in the field of
peaceful industry, to make daily life
more comfortable. That kind of event
will do the most to advance the hu-
man race.
The world is learning that it does
not go ahead so much by putting
some other nation down, as by adj
vancing social progress at home.
Milford chronicle., 1929-10-04

ers who can't spare time to slow
down would better avoid passing
schoolhouses.
These little folks have not yet ac-
quired discretion and experience. We
older people have to look out for
them, and see that in their joyous
ness and enthusiasm, they are not
hurt by rushing in front of some
swiftly moving car. They can't al
ways be deferred from these reckless
motions, but at least the drivers can
keep their cars under perfect con-
troll.
Milford chronicle., 1929-10-04
Milford School News


be an exhibit of a small portion of
the goods in the windows of the
Pierce Hardware Company. The pa
irons of the school are urged to look
for the exhibit and are also invited
to inspect the remaining articles at
the school.
The Washington herald., 1929-11-02
c. c. MURPHY CHAIN
7OOPEND. c. STORE

The G. c. Murphy Company s
and 10 cents stores have signed a
long term lease on properties front
ing on F and q Streets formerly oc-
cupied by Dulin and Martin. The
lease covers a 25-year period at a
rental reported at more than $4,000
600.
The property is owned by the
M. w. Beveridge estate. The front.
age on G Street is owned by the
Kahn Department Store Company.
The 21,3O0 square feet of floor
space on the two floors, with ap.
proximately 1 500 feet of display
counters, will give the Murphy
Company the largest floor space Of
any and 10 store in Washington.
The remodeled property will in.
clude a restaurant with seating
capacity for over 100 people.
The lease was negotiated by the
Henry L. Frank Company, Of Balti-
more and Paul r. Reed, location
manager for the Murphy Company.
The G. c. Murphy Company is a
Pennsylvania corporation operating
165 stores. 1t is estimated that
the sales of the company for 1929
will exceed $16,5OO 900.
The Washington herald., 1929-11-02
RASK0B ASSAILED
IN STOCK INITIATION

With attention temporarily di-
verted from the movement of stocks
during Wall Streets three-day re-
cess, Washington politicians and
Government economists have turned
to the task of explaining away"
the mystery surrounding the aston
ishing market fluctuations OF the
week past.
Allegations of Senator Robinson.
Arkansas, minority floor leader,
that former President Coolidge, Sec
retary Mellon and President Hoover
laid the foundation for the recent
crash by repeated prosperity state
ments, were debated on the floor
of the Senate yesterday.
Senator Robinson, Indiana, col
League Of the Arkansas Senator Of
the same name, vigorously denied
Democratic charges that specula-
tive enthusiasm has been encour-
aged by Administration propa-
ganda, and asserted that John j.
Raskob, whom he called the gen
eral manager" of the Democratic
party, had encouraged the purchase
of stock and led thousands into
stock market speculation, largely
through his own success in "stock
market plunging."
Democratic Senators came to the
defense of Raskob, Senator Har-
rison. Mississippi, and Senator
Barkley, Kentucky, contending the
former General Motors executive
has helped to stabilize stock values.
The Washington herald., 1929-11-02
j. s. PROSPERS,
WEEKLY TRADE
SURVEY SHOWS
Money Turnover Jumps 10%
in Week, While Steel Out
put Shows Substantial Gain
By Universal Service

Another reflection Of the nations
prosperity was mirrored in a report
on business conditions for the week
ended October 26, issued by the De.
partment Of Commerce yesterday.
The volume Of money turnover,
on the basis of check payments, in.
creased about 10 per cent over the
preceding week and was some II
per cent larger than in the CORE
spending week of 1928.
Operations N steel plants showed
a substantial expansion over the pre-
ceding week, while bituminous coal
output was larger than year ago.
Cotton and hog receipts were
higher than the 1928 level, while
cattle receipts were slightly lower.
Petroleum production showed an adj
vance over both prior periods. while
wheat receipts showed a gain over
the preceding week.
The general level of wholesale
prices showed a further recession
and was off about per cent from
the same period las year. Iron and
steel prices were higher than in 1928,
while cotton prices were lower, al
though showing a gain over the pre-
ceding week.
Business failures were far less
numerous than in the same week
year ago, although higher than
in the preceding week when the
number was abnormally low. \
x%
Further evidence of general pros
perity was seen in another report
by the department showing that
the stock of raw and manufactured
materials on hand is exactly the
same as it was this time last year
and less than it was a month ago.
Economists unanimously agree that
one Of the first symptoms Of
economic depression is the pifing up
of stocks in all lines, due to cur
tailed buying and turnover.
The Washington herald., 1929-11-02
BIG SALES GAIN SEEN
FOR SEARS, ROEBUCK

CHICAGO. Nov. 1.-sales of
Sears, Roebuck & Co., for the
month of October, undoubtly will
reach a new high record for any
month in the company's history,
exceeding by a considerable margin
the best previous record of $42,434,-
600 in December. 1928, it was in.
dicated today.
The percentage of increase over
October, last year. when sales aggre-
gated 37,OO2 900. should be better
than the September percentage in
crease of 23.1 per cent.
October mail order sales showed
a large increase over 1928, although
there has been no additional cata.
logue circulation. All of Sears
mail order houses share in the
gain in October. the smallest In.
creases being in the Chicago and
M n a p oils territories, where
weather conditions were unfavorabIe
during part of the month.
At present Sears-Roebuck Is oper.
ating 81 class "a" stores, PIT class
"B" stores and "a class &C" stores,
as compared with 35. 139 and
stores. respectively, at this time
a year ago.
The Washington herald., 1929-11-02
BANK CLEAR|NGS UP
SHARPLY FOR WEEK

NEW YORK, Nov. Bank
clearings in the United States for
the week ending October 81, as re-
ported to Bradstreet's Journal. ag-
gregated $21,571, ,3O7 900, as against
SIS, ,441, $4,000 last week and $12,-
721,044,000 in this week last year.
There is here shown an increase
of 1915 per cent over last week
and Of 69.5 per cent over the like
week a year ago. Canadian clear
ings aggregated $513,3S8, 900, against
$404, S65, 900 last week and $685.
S06,000 in this week last year.
Washington cleared $2S.556, 900
this week, against $27,529, 900 last
week, or an increase of IL per
cent over the corresponding week
last year.
Business failures for the week
ending October 81, as reported by
Bradstreet's Journal, New York,
number 1898. which compare with
BAG last week, 367 tin the like week
Of 1928, S96 in 1927, 341 in 1925
and 301 in 1925.
The Washington herald., 1929-11-02
SLOAN H0ME;
STOCK BREAK
PUZZLES HIM
General Motors Head Refuses
to Talk on Ford Price Cut;
EIated by Outlook Abroad
Universal Service

NEW YORK, Nov. 1.-Alfred P.
Sloan, jr., president Of General Mo-
tors Corporation, heard without
comment Ford's announcement OF
reduction in prices whe he arrived
today from a busiess trip to Europe.
AS the Cunard liner Mauretania
came up the bay, Sloan read the
statement of Edsel B. Ford that Is
regarded as the precursor Of general
price reduction Of automobiles. But
he preferred to talk OF business IN
general.
He said:
II don't understand the present
market situation. i can't see any
logical reason for any such action
as that which has occurred with
present values. Business h. SOUND:
Certainly 1t is 50 with Generat
Motors.
"ThOugh 7 have been away for
a month, | believe that our quar-.
ter earnings will be ahead OF the
same DeriOd for last year. l am
sure that, at the close Of the year,
the results will be satisfactory to
our stockholders.
81 say this though l do not
think the grand total Of business
for the year will equal that Of
last year"
Sloan said he was still elated over
General Motors opportunities fol-
business abroad. Their plant neal
Frankfort, he reported, is now pro
ducing at the rate Of $4,000 cars q
year. He remarked:
81 made a prediction recently
before a group Of dealers and
bankers that l would be disap-
pointed If, i'm five years and prob
ably sooner than that, we would
not be producing zoo, 900 ears =
year. That shows my confidence
In the motor industry in Europe.
1.-THE business in Germany Is
particularly good. The outlook in
England and on the Continent is
bright over a long period"
Speaking Of the industry here
Sloan said he looked forward tC
next year. The automobile, he said
is not longer classified as luxury
but is generally recognized as q
business necessity.
Denying that he had hastenet
back because OF the market up
heaval. he asserted that any chang'
in the public attitude toward in
dustrial stocks and shares will less
affect the automobile industry thar
any other.
He was asked to comment or
recent reports that General Motors
is planning to expand its aviation
building. He replied:
I'VE have an extensive In
terest in the FOkker plant. and
recently the FOkker people ac-
Guired an interest in the Dornier
plane. Naturally. General Motors
will go ahead and develop both
of these propositions as the sit
uatiOn merits"
The Washington herald., 1929-11-02
Fox Film Triples
Net for Quarter

NEW YORK. Nov. Fox Film
Corporation reports net income of
$3.471!000. for the third quarter of
1929, compared with $1,500.656 in
the corresponding period of 1928,
which is an increase of more than
100 per cent.
Earnings for the. nine months
ended September 30 were SS..
5000, compared with S4.O1s, 46i
in the corresponding period of
1928. This is equivalent to 1881
per share on the total of 92o, $50
shares OF class A and B stock out
standing, against 1892 in the first
nine months of 1928.
The Washington herald., 1929-11-02
Banks Barred Courage
AS Other Lenders Quit
Leaders Rush Billion Into Street as Bootleg
Funds Are Called; Rockefellers'
Buying Given Praise
By B. @. FORBES

encouraged by the newly reached
agreement to curtail production.
The best California oil stocks were
eagerly purchased just before the
market closed.
Standard Oil of California is
often bracketed with Standard Oil
of New Jersey as the two leading
Rockefeller oil enterprises. John
D. has an unusual affection for
Standard Oil Of California and
cherishes stock certificate No. /
which was issued to him.
Ken Kingsbu1y, the master
mind of the company, is one of
the real oil giants Of the world.
Although college-bred, the old
Standard Oil Company put him
through a gruelling test for sew.
eral years before advancing him.
Kingsbury at one time had a
furnace-feeding job which almost
broke his back nightly-the eight
hour day was not known then.
y 4
Necessity stocks may prove
more attractive than luxury stocks.
4
Cotton looks cheap. Other coun-
tries can supplement Americas
wheat supply when it runs short,
but the world depends upon the
United States for it's cotton.
\ X 4
A. Seattle business man sends
me this telegram:
Seattle newspapers despIay- a
banner headline, Merchants Ready
for Christmas Shopping Season.
"The story reveals that 5000
extra sales folk, drawing $1,000.
900 In holiday pay, have been
engaged for q period OF eight
weeks, whereas last season only
5000 were employed, drawing
$4,000 pay. Does this not ap.
pear an unusually healthy busi.
ness sign in face of the stock
crash?"
Secretary Mellon was wise after
all, when he issued his advice
some little time ago: Buy
bonds"
Many wise ones who switched
from skyrocketing stocks to bonds,
reversed 10 STOCKS WhGn the IN
evitable stock collapse came.
Bargains are still abundant in
the stock market. Only, they
should be selected with proper re.
gard for actual earnings. Buying
expectations has brought ruin to
many.
\ + \
Brokers say that their buying
orders already received for exc
cution at the opening on Mon.
day far exceed selling orders.
Odd-lot purchases have been un-
precedently numerous at panic
prices. All the little fellows were
not wiped out. Those wha had
backbone enough 10 buy when
things were at their worst will
reap the reward courage usually
reaps.
Copyright. 1929. by b. c. Forbes).
The Washington herald., 1929-11-02
Superior Steel Net
Up in Nine Months

NEW YORK. Nov. 1.-Superior
Steel Company reports a net profit
for. the quarter ended September
80, of s13.073, after charges and
Federal taxes. This is equal to II
cents a. share. earned on $4,000
shares outstanding.
In the corresponding quarter of
last year the company showed a
net of $14.905. which was equal
to Is cents a share on the .100.0 900
shares outstanding during thai
quarter.
For the first nine months of
this year. the net aggregated
S194.450, equal to $1.69 a share on
$4,000 shares, as against a net
loss of $17,453 in the same period
of 1928.
The Washington herald., 1929-11-02


the shares they had to sell? The
truth is, of course, that the an
nouncement of Rockefeller senior
and junior that they were buy
ing stocks did more than any
other one thing to restore some
semblance of sanity. AS one
Wall Street paper or Will Rogers
remarked:
ut took old John ID. to pour
oil on Wall Streets troubled
waters"
Had you seen somthing Of the
inside workings of the Big Six,
the Morgan-sponsored group of
bankers that shouldered the re-
to keep the market down, you
would have realized that several
of these gentlemen sweated and
worried and worked enough in
one week to last You or me half
a lifetime. They got after any
BODY and everybody who might
be in position to extend sup
port to the crashing market.
Talk of high-pressure salesman
ship-the Big Six precticed 1t
with a vengeance.
Money was being withdrawn
from Wall Street by more bank
lenders-"bootle1 lenders"-to the
tune of, as revealed later, 1880.
900, ,O00 New York bankers actu-
ally increased thei.' assistance to
brokers by 1892 100000 in the
week. Out.of-town bankers scram-
bled for their money to the tune
Of $707, 900, 900.
So. credit the big fellows in New
York for not having shown the
white feather. They didn't grab
for their money when other lend
ers grabbed frenziedly.
Instead, they stepped courage
ously into the raging demoraliZa.
ton and supplied an extra billion
dollars without asking a cent more
than per cent for ia lot was
actually lent at 5 per cent.
California friends are greatly
The Washington herald., 1929-11-02

But had not
John D.-and
other men of
m e a n 8 wise
enough n o t
to be carried
away by all the
hookum that
the bull mar
k e t couldn't
possibly col
lapse came
forward when
pandennoni u m
b ro Ike loose.
how much less
than they did
get would the
misguided ones
have actually
The Washington herald., 1929-11-02
Steel Firms to Join
Despite Opposition

CHICAGO. Nov. 1. - Consolida-
ton of the Interstate Iron and
Steel Company and the Central
Alloy Steel Corporation will be
carried out despite an effort of
stockholders to halt proceedings
through legal action, according to
an official of Interstate Iron.
Efforts to obtain an injunction
by this stockholder were unsuccess-
ful and although the case was
appealed, Interstate officials see no
possibility of legal oction lmped.
ing consummation of the merger.
The Washington herald., 1929-11-02
Three Chicago Banks
Move to Consolidate

CHICAGO, Nov. 1 U.S).--Steps
were taken today for the con solida-
ton of the Foreman National Bank.
the Foreman Trust and Savings
Bank. and the State Bank Of Chi
cago.
At a meeting of the boards of
the three institutions it was said
that practically all stockholders have
deposited their stock and approved
the proposed merger.
The new bank will be known as
the Foreman-State National Bank
and will occupy more than eight
floors of the new 4O-story building
recently erected at 33 North La
Sale st. The invested capital will
exceed $3S 10000 and the total re.
sources will exceed 1920, 600, 900.
The Washington herald., 1929-11-02
American Ice Net
Gains in SeDtember

NEW YORK, Nov. 1.-September
earnings of American Ice Company
after interest but before Federal
taxes and depreciation were $769 1882, i,
which compares with $744,107 for
September last year.
Net earnings for nine months
after interest but before Federal
taxes and depreciation were $4,-
879,3GS, which compares with $4,-
6l6.lO6 for this period in 1928.
The Washington herald., 1929-11-02
500 Stock Dividend
Bu F. e w. Grand

NEW YORK. Nov. directors
of F. w. Grand 5-10-25 Cent
Stores. Inc, declared a stock divi-
dend of & per cent in common on
the common stock, payable Noven1
Der Is to stock Of record Novem-
Der IL,
The Washington herald., 1929-11-02
Real Silk Hosiery
ODeYlS NeLU Plant

INDIANAPOLIS. Ind. Nov. 1.
Operation of the new plant Of the
Real Silk Hosiery Mills. Inc, which
will provide for an increase of so
per cent in production. was started
this week.
The Washington herald., 1929-11-02

WILL ROGERS pokes fun
" at John d. Rockefeller
" for having stepped in to
buy stocks when they were being
thrown on the market during
tho manic
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-07-25
THOUSANDS See
PONTIFF EMERGE
Pope Plus Leaves Self-Im-
posed imprisonment of
so Years

ROME, July 25.-(R-Crowds-
Romans. Italians, and Roman Cath
olics from ell the world-flocked
today to the plaza before st.
Peters cathedral to witness the
first emergence Of a Roman Cath
Ole pontiff fro mthe vatican since
destruction OF the papal state in
1910.
In Difference to the wishes Of Pope
Plus XT, the crowds were markedly
sqIenln and silent, taking vantage
pl$ces as they were available, and
standing throughout the intense
heat to witness at dusk tonight one
of the greatest historical events in
the lifetime of the church and of
the United Kingdom Of Italy.
Fifteen thousa-a Italian soldiers.
several thousand black shirts ana
city police took assigned placed in
the plaza as the day advanced. lined
some places eight deep, observing
the utmost preCaution against vio-
lent outbreaks Of enthusiasm which
might endanger the religious pro-
cession from the vatican to St.
Peters.
Marking the end Of 6O-years' self
imposed imprisonment for rulers Of
the church, Pope Plus planned to
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-07-25

The Brooklyn Dodgers have Of
fered $4,000 for Climax" Blethen,
who has won II games for the At
lanta Crackers this year.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-07-25
Speedboat Reaches
St. Louis, Clipping
z Hours OFF Record

ST. LOUIS, July 25.-(P)-Dr
Louis Leroy's speedboat, the Bogie,
locked at st. Louis at 6:35 a. m.
today, clipping 2 hours and 43 min
rites off the 59-year-old record Of
thesPobert T. Lee. for a boat trip
from New Orleans to st. Louis.
The record 1854 mile trip over
the Mississippi river was completed
in 81 hours and 81 minutes. while
the record of the packet Robert 4.
Lee, made in 1870, was 80 hours
and Il minutes.
DR.. Leroy ignored one scheduled
refueling stop at Chester, Ill, in his
dash over the final so miles Of the
stretch to reach the city wharf IL
set a new mark.
The Robert E. Lees record, which
had stOOp despite many attempts
to better it, was made II a race
with the Natchez, which ended
July 4, 1870.
The BOgie left New Orleans at
3:04 p. m. Sunday in a race for st.
Louis with the yacht Martha Jane.
a Cahib cruiser, but the latter craft
was forced to quit at Natchez,
Miss, because Of motor trouble. DR..
Leroy's boat was piloted by him
with Harvey Brown and Robert
Hunter aboard. The Boyle is a
small open runabout built Of ma
hogany.