davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1930-07-03
BROKERS MAKE
NEW WCHANGES

The New York Stock Exchange
firm of Lockwood, Peck & Co.
has been formed with offices at
So Broadway. The partners are:
Frederick r. Lockwood, F. M,
Lockwood, Arthur K. Peck, Mar
maduke Tilden, Charles G. Rein
hart, jr., william H. Schofield,
jr., and George F. Seyler.
John L. Handy has retired as
a general partner in Bayliss &
Co., and Heisler Harrington and
Richard K. Paynter, jr., have been
admitted as general partners. The
firm has removed its uptown of
flee to As East Forty-ninth St.
under the management of James
Edgar Morris, resident partner.
Samuel P. Arnot, formerly pres
ident of the Chicago Board OF
Trade, has become associated
with Colvin & Co., in charge OF
the Chicago office of the firm.
w. Knowlton Hoag and Ed
ward C. Cassard have been ad
mitted as general partners OF
West 81 Co.
George w. English, formerly a
partner in Moore, Leonard 4
Lynch, has become associated
with Smith, Graham & Rock
well.
w. D. Yergason g. Co. have
opened a preferred stock trading
department under the manage
ment of Joseph H. GasSoun.
S. A. O'Brien has become aSso.
ciated with Ahearn & Sheridan.
Jackson & Curtis have opened
an uptown office in the Graybar
Building under the management
of John L. Handy.
The firm of H. N. Whitney &
Sons has been formed, with of.
fices at 49 Wall st. The part
ners are Arthur E. Whitney,
Charles D. Draper, Harry B. Hol.
Inns, jr.; George M. WoolSey,
Hurlburt c. Elmore and Howard
F. Whitney, jr.
T. Frank MacRessy has been
admitted as general partner of
Livingston & Co.
George c. Johnston has been
The Washington times., 1930-07-03
AutO-Lite s Months
Net Is $4.I2 Share

Earnings of Electric Auto-Lite
Co., after preferred dividends but
before Federal taxes, were esti.
mated today at $2.12 per share
for the second quarter, compared
with 50 per share on the same
basis in the first quarter by c. 0,
Miniger, president. !
Mr.. Miniger issued the follow,
ing statement to stockholders:
Electric AutO-Lite like most
other companies has recently
been the subject of bear attacks
and of numerous rumOrS. Be-.
lieving that AutO-Lite stock
holders are entitled to a state
ment from the management
under these conditions, I take
pleasure in saying that at no
time in its history has the Auto
Lite organization been func-
tiOning so aggreSSivcly and SO
comparatively. All in all Auto
Lite'S picture is sound, its divi-
dend assured and its future
bright"
The Washington times., 1930-07-03
PROBE FINDS NO
MONOPOLY

The Federal Trade Commission
warned the Senate today that
future activities of the Newsprint
Institute of Canada in the sale of
newsprint and the fixing of mar
ket prices should be closely
watched, with a view to remedial
action if any agency is found to
exist that may be contrary to the
antitrust laws of the United
States.
A sweeping investigation Of the
entire newsprint situation failed
to show the existence of any
such agency at present, the COM
mission told the Senate.
East Free Of Monopoly
No company selling newsprint
in the Eastern part of the United
States has a sufficient proportion
of the business to. constitute a
monopoly, the commission said.
It asserted, however, that the
possible monopoly or tendency
toward monopoly OF the Crown
Zellerbach Corporation in Pacific
States, and that corporations
acquisition of the capital stock
of the Crown Willamette Paper
Company while in control Of the
washington Pulp and Paper Com
pany, are subject matters Of a
case now being further investi-
gated by the commission.
The commission recommended
that publishers of small daily and
weekly newspapers. wherever pos
sible, set up machinery for pur-
chasing their requirements of
newsprint on a cooperative basis,
in order to get the benefit of the
manufacturers contract prices
for paper in shipments of carload
lots
The Washington times., 1930-07-03
BUILDING 1920.
BELOW 1928

Total contract awards for build
ing and engineering construction
during the first five months Of
1880 were 18 per cent smaller
than in the like 1929 period. This
decline may be attributed prac-
tically in its entirety to the slump
in the housing division, since the
declines in commercial and in
dustrial construction are about
offset by expanded activities in
public works and utilities and
other fields of a Semi-public ma
ture, says the Standard Statistics
Co. in a current survey. The re-
view continues:
'"The prospects are that Sec
Ond half year results in relation
to 1929 levels will compare
more favOrably than those for
the first six months. However,
this possibility rests largely on
the sharpness of last years
recession, rather than on any
fundamental improvement to be
CApCCGGU uuEAuS knC EC1H1AHuCA
Of this year. For the full IL
months, on the basis of q
probable closing of the gap
between levels of 1929 and 1880,
during the August December
period, it is to be expected that
the decline from last year will
be somewhat lower than that
previously indicated, probably
amounting to some 10 to IL
per cent.
I'm the building materials
divisions, cement and gypsum
products are the most favor
ably situated. Consumption Of
cement is fully up to the levels
Of . year ago, i'm spite Of the
building recession, sales being
stimulated by the abnormal
volume of public works con-
structiOn. Gypsum sales natu-
rally have declined, but the
price advances since last year
improve the earnings prospects
for producers"
The Washington times., 1930-07-03
of Old
Currency Still Out

Although the new small-sized
currency has been in circulation
for a year, there still remains
81 ,O60, ,795, 500 Of the large-sized
paper money in circulation today.
At the opening of the new fiscal
year, there was $3,759, ,649,324 OF
the new paper money in circula,
ton.
Estimates were made that be.
tween $25, ,000, 900 and $125, 600 j00O
of the old paper money will never
be redeemed because of loss, de
Struction, and souvenir collectors
There is still outstanding ST.,
261 900 of the currency issued in
1890, $3,260,00O in Federal Re
serve notes issued during the war
and discontinued eight years ago
The Washington times., 1930-07-03

admitted as a general partner of
Titus, Wales & Co.
C. A. Dean, jr., will be admit
ted as general partner Of Har-
ris, Small 81 Co., on July Is.
J. A. Berninghaus, general
manager of sales of the Mon
santo Chemical Works, at st,
Louis, and V. E. Williams, in
charge of the Eastern district
sales offices in New York, have
been elect i assistant vice presi-
dents of ne company.
Howard M. Ernst of Ernst &
Co. has been elected a director
of the Franklin Surety Company.
The Central Hanover Bank &
Trust Company announces the
appointment of John j. Collins
as assistant vice-president. He
was previously assistant secretary.
John A. Dale, formerly with
Swezey, Topliffe & Co., and Gil
bert Elliott & Co., is now with B.
The Washington times., 1930-07-03
June Tin Futures
Trading ShOIUs Drop

Tin futures trading on the Ma
tional Metal Exchange in June
totaled 525 contracts, or 2,625
tons. This compared with 665
contracts and 1925 tons in the
same month last year. Heaviest
turnover was in September tin,
with 1876 contracts, $50 tons.
August and october came next
with 1O2 contracts, $40 tons, and
95 contracts, ATS tons, respec-
lively. The monthly tin statistics
of the National Metal Exchange.
released July /, show a total
visible supply of 42.611 tons, an
increase of 2,84O tons since June l.
The Washington times., 1930-07-03
COMP ETE QUOT ATOMS ON THE NEW YORK CURB MARKET
RHbh& CO vDaW "umw

cd by W. B. Hibbs Co. BY ExchanS.
The Washington times., 1930-07-03
Central P. S. Corp
Earnings Increase

CHICAGO, July. 3.-Net earn
ings of the Central Public Service
Corporation for the IL months
ended May 81 increased 9.13 per
cent over the preceding IL
months. Net for the 1880 period,
before interest and depreciation,
amounted to $16,459 ,462. as COM
pared with $15,O82,160 in the IL
months ended May 81, 1929
Gross revenue increased GIT per
cent in the IL months ended May
81, 1880, over the preceding IL
months period.
The Washington times., 1930-07-03

2l11 1415 zonits Prod 1SO.. 1Al 14f 141- 70
Ex dividend Ex rishtA Plus ~ in stock. sPay.
able scrip Plus year-no regular
playable
able in cash stock Plus IoE in stock PluS s% u
stock Plus az In stock. Plus So in & Piss
So in stock Plus a-s% in stock Plus So stock.
Subject approval stockholders sUnit
less than sha
The Washington times., 1930-07-03
MarcOnii's Wireless
Declares Dividends

LONDON, July 3.-Marconi's
Wireless Telegraph Company,
Ltd, for the year ended Decem-
ber 81, 1929, declared a common
dividend of Is per cent, less tax,
and an extra 5 per cent, less tax,
on the preferred stock. This
compares with 20 per cent on the
common and 10 per cent on the
preferred paid in 1928.
The Washington times., 1930-07-03

H. Drummer & Co., IN their BANK
stock trading department.
At a meeting of the executive
committee of the National City
Bank of New York Kenneth w.
Banta and Hugh Brooks were ap-
pointed assistant vice-presidents.
Mr.. Banta was an assistant CASH
ier and Mr.. Brooks assistant
comptroller.
At a meeting of the board Of
directors of City Bank Farmers
Trust Company Walter Reid
Wolf, John T. Creighton and r.
Baylor Knox were elected vice
presidents.
The Washington times., 1930-07-03

Prev. 1867 Name and
High Low Divid lend Rate
The Washington times., 1930-07-03
Gables and Wireless
Breaks in LOndOn

LONDON. July S.-The feature
Of the London Stock Exchange
yesterday was the fall in the
shares of Gables and Wireless on
the failure Of the directofs to de-
clare dividends on the A and B
stock. The A stock was quoted at
$50, off E7, and The B stock at
FIJI, of E5la from yeSterday'S
&oGing pE1ceA .GlhEaSs
The Washington times., 1930-07-03

admitted general partner in their ban
The Washington times., 1930-07-03
UngerLeider e Co.
Take Fish Accounts

Samuel Ungerleider & Co., mem
bers of the New York Stock Ex-
change, have arranged with Har-
vey Fisk and Sons, who are
discontinuing the handling of
margin trading accounts, to take
over the business of this type
heretofore handled BY the Fisk
ng l.. II
The Washington times., 1930-07-03
FAIL DIVIDEND PAYMENT

LONDON, July 3.-Cables &
Wireless, Ltd, failed to declare
dividends on the A and B COM
mon stock for the period ended
December 81, 1929. This was the
first period for which dividends
could have been declared.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-31
Nationally Known
Lines for Women

I. Miller Shoes
Van Raalte Hosiery
Van Raalte Undergarments
Carolyn Mode Dresses
Carolyn Mode Coats
Kayser Gloves
Menihan's ARCHIBALD Shoes
Emma Jettick Shoes
Nelly Don Dresses
Phoenix Hosiery
Natures Rival Foundation
Garments
Printzess Coats for Women
Knit-tex Coats for Women
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27
HARD TO REFORM

Last Fall the startled Nation received
. drastic blow; the craze of speculation
blew u and laid things low. And many
men were broken who thought them
selves secure, and prudent vows were
spoken which surely should endure ana
you could hear the rawlings OF voters
tired and sick, who blew in all their
savings to make a killing quick. You
saw the frenzied dances OF people VINO
were led to take some foolish chances.
and saw their prospects dead. And all
the wise men writing in helpful mag
aZines. declared: This blow affrighting
a reformation means Now men have
learned the folly of speculation vain;
when done with melancholy they'll fol-
low courses sane. We shall not see
them question for gold bricks here and
there; but they'll do wise investing, and
dodge the trap and snare And all the
wise men speaking from platforms
through the land, said, Men Will not
be seeking, in future to be canned.
Their pathway now is billy, but useful.
just the same; they've found that is silly
to play another's game" Yea, man mad
learned his lesson, since he was In the
hole; he had his sack cloth dress on,
remorse was in his soul. knew a
hundred voters who talked along this
line: they felt like Yarmouth bloaters
that had been soaked in brine. They
told me every morning as they went
past my gate, they'd had solemn
warning. no more they'd speculate. But
speculation fever, when once it's in the
brain, applies destructive cleaver to
pledge safe and sane Again my friends
are watching the market as of old. and
soon they will be botching the bank
accounts they hold. The doleful time
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27
PLANT PATENTS

!. The plant patent law, which went
into effect on May %, 1880, when Presi-
dent Hoover signed the Townsend-Pur-
isnell amendment to the general patent
law, was marked innovation in agri-
1 culture Hitherto the breeder CT new
fruit. flower, vegetable or any crop
plant had no way of reaping the BEN
eft of his work after once his new
plant was first distributed. Any enter
prising nurseryn an could take the new
/ plant. reproduce it by the thousands
5 and reap all the financial benefit. Now,
( presumably, it will be necessary 20 pay
!. the plant originator royalty over a
( period Of years.
+ The history of horticulture Is fun OF
{ examples of plant breeders who have
!, made great contributions to gardening,
perhaps only to suffer poverty in their
cid age Their very industry in such
an enterprise was their undoing, be-
!, cause they had no time to engage in
!, more profitable work. Ephraim Bull,
the originator of the Concord grape, is
.reputed to have died in abject poverty,
and the example could be easily reph-
Gated many times.
I. Just how much this new law Will
mean to amateur gardeners Is a ques-
!. ton. but it is likely that 1t may mean
much We have some very active anna
!, teur breeders-iris, lily and narcissus
/. in this locality--and 1t is easy to con-
I. lecture that some of these may reap the
..s.yenefit of their hobby through the me-
Z. dunn of this new law. The new law
:. should certainly be a stimulus to greater
!. activity among both amateurs and pro-
h fcSsional plantsmen.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27

club substituted this visit for its regular
August meeting. Despite the dry
Summer, members have generally made
a success with the Oregon Giant pansy
seed distributed by the club in early
Spring. Prizes are to be awarded the
most successful growers. According to
the July bulletin of the club, the total
enrolment now numbers 243 members,
a fair promise that the 1880 goal OF
Autumn. This is fine progress Tor a
club only little more than one year
old.
The Takcma Horticultural Club held
its seventh annual gladiolus show OH
Thursday and Friday evenings of this
past week at the local branch of the
Public Library, Fifth and Cedar streets.
Despite the dry weather which haj pre-
vailed so long, there were many beau
tiful exhibits, both in the old-fashioned,
large size types and in the primulin S
hybrids. Glasses were also provided for
balsams, calendulas, calliopsis. lilies,
marigolds, nasturtiums, petunias, phlox,
zinnias and ether garden flowers now
in bloom. The committee In charge
consisted of DR.. E. A. Hollowell, assisted
by Miss Marjorie Hansen. Mrs. A. W.
Spaulding, c. c. Thomas, Mrs. H. A.
Morrison and C. B. Axline. The judge
WIS c. E. Gersdorff. nationally known
gladioluS expert. The general officers
IN charge consisted Of E. G. Powell
president. w. L. Holt, secretary, and E
W. Axtell. chairman of the general ex-
hibition committee.
%* k-k
The fourth annual gladiollis show OF
the Woodbridge Garden Club will be held
Tuesday at the Presbyterian Sunday
school building Twenty-second street
and Rhode Island avenue northeast
The clubs gladiolus shows have grown
from a very meager start four years ago
until the show last year was probably
the best of its kind ever staged In
Washington. The club feels that the
gladiolus is not grown as extensively as
1t should be, and is endeayoring through
the medium of these shows to increase
the interest in this wonderful flower
which is one OF the best. if not the
best. cut flowers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27
THE GERANIUM

{ Perhaps despised a little because 1t
As SO common and SO easily grown, the
'sgeranium or, more properly, pelargcn-
iun1, is really wonderful plant because
of its tremendous vitality and ability TO
thrive under unfayorable condit1ons
1 where more highly esteemed plants
would quickly perish. Bailey's Cyclic
pedia tells us that practically all the
geraniums are of South African ORR
gin, fact which probably accounts for
their adaptability to semi-arid condi-
tions The common garden varieties are
presumed to be blending OF several
species brought about by the skilled
hands of professional growers In Europe.
AS grown in this locality we think of the
geraniUm as a dwarf plant, but the
geranium may become anything but
I dwarf, reaching, as 1t does, to the caves
of bungalow homes.
s There is a wonderful diversity in the
GEL anium in color of flower, in leaves
and in habit of growth. There are. for
example, the ivy-leafed forms, almost
trailing in habit of growth; the en-
mon or show type. tn stocky branches
and large, conspicuous flowers, and the
the rose geraniums.
!, One of the best characteristics of the
geranium, from the home gardeners
viewpoint at least, is the ease of propa-
cation. At any stage Of growth, but
I preferably toward the close of the grow
ing season out of doors, young shoots
may be broken of and rooted in sand
or light soil.
!. Geraniums find much use in making
up porch baskets and boxes, but also
have value for bedding purposes. Coco
/ culture will meet ready response; but
rs intimated before, few plants will dc
as well as the geranium with mini
mum of care.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27

for the pansy and other Overwhelming
biennials.
The old reliable German iris possesses
wonderful drought-resisting qualities.
The glossy, smooth leaves and stout
rhizones are apparently well adapted
to resisting water loss and the plants
recover quickly when favorable condi-
tionS again return. This is the right
time of year for planting iris. but Just
now unless one has watering facilities,
il is as well to allow the plants to
remain unmolested. In its native
haunts, iris withstands floods in the
Spring and very dry conditions in Mid
summer and evidently has built this
property very strongly into its inherent
makeup
One of the prettiest of the Summer
Towering lilies, lilium superbum or
Turks Cap lily. is native to this region
and is still found by ardent collectors
in local swamps. Certain of the Tako-
ma Park group of lily enthusiasts have
successfully transplanted this species
to their gardens, but have to exercise
considerable care in protecting the
bulbs from rodents
,AsyieW of the white ceder, or arbor-
vitae Thuya occidentalis, growing In
its native haunts in the Northern
States, cannot help but excite the ad-
miration and envy of the home owner
who struggles along With planted speci-
mems but rarely succeeds in obtaining
the vigorous growth of the Wild plant ;
In the open pastures of the North one
may observe here and there symmetrical
specimens that would grace any front
yard. 1t doesn't seem to be question
of water altogether, because the arbor-
vitae may be seen growing in crevicel
of rocks where both water and nutri-
ents must be very limited.
Strawberry plants may be set out al
this time with expectation of yielding a
fair crop next Spring, but here again
it is matter of moisture. There would
be little use in setting out plants in the
hot, dry soil unless means Of watering
are available.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27
.COLORFUL HARVEST
METHODS ARE GONE
Modern Machinery Reduces
Number of LaborerS
Needed in Wheat.
Special Dispatch to The Star.

Special Dispatch to The Star.
KANSAS CITY. Mo-, July IS (N.A.
MAJ The Kansas wheat harvest goes
on. But gone is the annual trek of
harvest hands to the fields. And going,
too, are the threshing machines and
harvest dinners.
This morning a field of wheat mods
its ripened heads serenely in ripping,
golden waves. Tomorrow morning it
will be gone, its grain In the elevator
and much Of its stubble already buried
by the plowshare.
Two men and a combine can harvest
at least so acres of wheat a day. Dur
ing a season they can harvest 1000
acres of grain. If the weather is very
dry, an extra crew on the combine can
work at night. boosting the machines
work to rs CIR 30 acres a day.
To accomplish the same work with the
old method, using a header and three
barges to carry the heads to stacks, 1t
Is. necessary to use 10 or IL men. Then
another crew of 10 men must work be-
tween four and five days threshing the
grain.
First Wheat Servings Recalled.
There are still aged men in the wheat
country who can remember the day
that their fathers unslung walking
plows with their beams of wood from
the backs of ox-drawn wagons, broke
the virgin ground and sowed the first
wheat in Western Kansas. They them
selves in their day swung wheat cradles.
tied the sheafs by hand and helped
fail the grain from the straw on barn
floors
No longer are there armies of men
riding freight trains, cumming rides on
the highways and driving In rickety
motor cars hurrying from the Middle
West cities and sometimes even Eastern
cities to participate in the harvest
wages.
Now those who go to the fields are
skilled mechanics. They must be able
to operate and repair the machinery
which has taken the place of men.
They are transported to the fields in
motor. trucks and buses, or travel as
regular passengers on trains. Only a
small amount of unSkilled labor is
needed. and that is for the most part
already in the fields.
Labor Peak Reached in 1926.
The peak of labor importation for
the wheat harvest was in 1926. when
Kansas used 1898 imported harvest
hands. Since then the number has
dwindled rapidly This year only a.
600 were asked for. and where the COM
blne is being used entirely little or no
outside help. is being employed.
Gone are the radicals who infested
the wheat fields during the war Gone,
too, are many colorful characters who
made the following of the harvest yield
their yearly stake" The old fellows
who gloried in their regulations as ex-
pert stackers ind their skill without a
market.
With the combine has come the
emancipation of the farmers wife. No
longer must she begin in June feeding
crews of hungry harvesters and con-
tinue until the threshing is finished
some time in July or August.
But gone also are the feasts she, her
daughters and the neighbors' wives
prepared for the hungry men. No
longer are the platters heaped with
fried chicken, nor is 1t necessary for a
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-27
ARMY MEDICAL OFFICER
FREED IN POISON MISHAP
First Lieut.. Higdon, at Fort Leav-
enworth, Held to Have Properly
Worded Boys Prescription.

BY the Associated Press
FORT LEAVENWORTH, Kans.. July
26.-First Lieut. Jonathan M. Higdon,
a medical officer, was found not
guilty here yesterday by court martial
before which he was tried on charges OF
neglect in connection with the fatal
illnesses of two sons of enlisted men.
If convicted the officer could have
been caShiered, or dismissed from the
service. Medical officers agreed that a
prescription written by Lieut.. Higdon
for William Cornett and Frank Canki,
i'll with the measles, was correctly
worded. The boys died after taking the
medicine.
Lieut.. Higdon was accused of failing
to answer the appeal of the boys
parents for assistance after the patients
became fatally Ill.
Corporal Ralph E. Hawkins, a pres
cription clerk at the Post Base Hospital,
Is accused of negligence in compound
ing the medicine. which contained an
overdose of poisonous drug. His court
martial which began several days ago,
has been continued until next week.