davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1930-04-02

Norris bill, providing for Govern
ment operation Of the project, Is
due for another long siege OF de-
bate in the upper chamber. For
10 years one plan or another for
the development Of Muscle Shoals
has been before Congress. The
Norris plan was voted oy Con.
greSS two years ago, but President
Coolidge vetoed it.
The most picturesque race In a
generation of American politics is
now being staged In Illinois be.
tween Senator Deneen and Con-
gresswoman Ruth Hanna McCor-
mick. Never before has q woman
fought for a place in the Senate;
yet the prospect is that Mrs. NC
Corrnick will win over her opcon-
ent in the primaries, to be held
a week from tomorrow.
Mrs. Mccormick, widow Of the
late Senator Medill Mccormick,
is amazing Chicago by the vigor
and pep she is putting into her
campaign. She Is seeking no
quarter and giving none; she is
calling a spade q spade and de-
nouncing the Chicago political
machine with which Senator De.
neen is associated. IF Mrs. Nc
Cormick is nominated in the pri-
marieS, it seems to be a certainty
that she will be elected to the
Senate in November,
The confirmation of DR.. Luther
H. Reichelderfer as a Commis-
Sioner Of the District of Columbia
by the Senate is assured. So is
that of Maj. Gen. Herbert B.
Crosby, although it may be de-
layed for a week or so. President
Hoover has reappointed Edgar C.
Snyder to be United States mar
shal for the District. The trac-
ton merger has been approved by
the Mouse District subcommittee,
with an amendment providing q
2-cent fare for school children.
There does not appear to be any
likelihood, however, of merger
legislation at this session Of Con-
gress, which is slated to adjourn
about June /.
The census taking is now on,
and the best opinion is that Wash
ington will show a population Of
$4,000, placing it just behind
Buffalo and Milwaukee in the list
of American cities. The new di
rector, however, indicates q popu
lation for the city Of about 500,
600. Some optimists think the
official returns will bring the
Capitals population above the
600, 900 mark.
According to the report of the
Palestine commission, the disorders
in Palestine last year were due to
an attack by Arabs on the Jews.
It was not a revolt against British
authority in Palestine, the state
menta declares, but had its origin
in Moslem religious fanaticism.
The commission recommends that
steps be taken to check racial agi-
tation, to prosecute inflammatory
articles In the MoSlem press. and
to regulate immigration into PaleS-
tine in the future.
The Washington times., 1930-04-02
ASK NEW JAIL IN
ARLINGTON

LYON PARK, April 2e The
Arlington County Civic Fsderai
ton last night adopted a resolu-
ton. calling upon county super
visors to provide $4,000 in the
1880 budget for the first unit Of
o modern jail,
The resolution further provides
that the first unit shall contain
suitable detention rooms for male
and female prisoners.
Another resolution adopted by
the Federation asks county super
intendent to compile all data per-
tanning to the proposed school bond
issue, including expenditures and
plans.
The Washington times., 1930-04-02
Cruelty to Stray Cat
Costs Offender $50

VANCOUVER, B. c., April
U.N.S).-The qualification that
Frederick Anderson gained in
swinging a. pestiferous feline's
head against a post in the hope
of ending nightly serenades
around his home at Bridge River,
was decidedly dampencd when he
was hailed into court anG fined
$50 for cruelty to animals.
The magistrate expressed re.
eret that he could not order
lashes as an added inducement
to treat cats more kindly.
The Washington times., 1930-04-02
AL CapOne for Mayor
Polls so Votes
In IOwG TOwn

MONTICELLO, Iau April y
Q.N.SJ Chicago may not want
Alphonse Capone as a Citizen,
but 80 voters Of Monticello
think he is fit to be mayor
Of their town.
Since Mayor First, a candi-
date for reelection, had no OPP
position, SO voters wrote the
name Of Capone on their bal
lots at yesterdays election.
Sixty-five more votes would
have elected Capone to the
mayorship.
The Washington times., 1930-04-02

CATHOLIC ALUMNI MEETS
washington Circle Of the Inter
national Federation Of Catholic
Alumni will meet tonight at 8
o'clock in the MayfloWer Hotel.
The Washington times., 1930-12-26
CURB MARKET
L|STLESS

NEW YORK, Dec. 26.-The
curb market displayed a gen
orally firm tone in a continue
ton of listless trading activity
today, with leading stocks dis
posed to extend their recent ad-
vance into higher price territory.
There was little in the way Of
business developments to guide
the speculative element through
the course Of the day, but in view
Of precedent pointing to q rising
market in the holiday interval,
what little activity was engaged
in, was centered on the bull side.
There was still some tax selling
making its appearance, but these
offerings were readily absorbed.
although the irregular series Of
price advances provided the con-
structive adherents with little ex-
cessive enthusiasm.
Electric Bond and Share was
the stellar performer in the utility
group, showing a gain Of 1b
points at 417s. Fractionally i'm
proved quotations were also noted
in American Light and Traction,
American and Foreign Power war.
rants, Niagara-Hudson Power. and
United Gas.
The Washington times., 1930-12-26
Riggs Bank President Was
Once Messenger Boy

From errand boy to bank presi.
dent-that is the record Of Robert
v. Fleming, president Of the Riggs
National Bank.
Many years ago young strip
ling applied at the office Of the
bank and was given the position
Of a messenger. Then II, officials
Of the institution did not realize
that the youth was to later be-
come the president Of the banking
firm. Neither did his bosses real
ize that the young fellow was to
be a power in District affairs and
possibly have one of the most di-
versified careers that has befallen
a local banker.
Like little Jack Horner, Mr..
Fleming has his finger in a num-
ber of "pieS." He is one Of the
hardest working bankers in the
city and is recognized as one Of
the most able.
Friends claim that the man is
entirely different from the banker
in Fleming's case and point to the
many outside organization he is
affiliated with in addition to his
many duties at the banking house.
He has held practically every
position in the District of Colum-
bia Bankers Association and is an
active worker in the organization.
At present he is vitally inter
The Washington times., 1930-12-26
MARKETS AT A GLANCE

NEW YORK, Dec. 26 G.N.S0
Stocks firm. U. s. Steel, East
man Kodak and American Can
strong spots in industrial list.
Utilities and amusements firm.
Houston Oil a feature in the
petroleum group. General Motors
firm in motor list. Anaconda In
demand in firm copper section.
Rails irregular.
Curb-Stocks irregularly higher.
Electric Bond and Share strong
spot in utility group. Oils and
specialties higher, investment
trusts irregularly lower.
Bonds-Generally steady in
quiet market.
Call Money-Firm at renewal
Of 2 per cent.
Cotton-Futures steady, UP /
to 6 points. Liverpool cotton,
closed, holiday.
Chicago Wheat-Slightly lower.
Foreign Exchange-Rates un-
changed from Wednesdays close,
due to holiday in London.
The Washington times., 1930-12-26
ICE DEALERS
PROSPER|NG

Faced with the progress Of ice
less refrigeration, the ice industry
recently has improved its mer.
chandising methods and devoted
its main expansion efforts to
fields where the least competition
is met. Commercial, transporta-
ton and wage-earner uses Of re-
frigeration are not yet being ex-
tensively supplied by the produc-
ers Of mechanical units, and the
ice manufacturers have been con-
tent to cultivate their opportuni.
ties in these branches, says the
Standard Statistics Company, Of
New York, in a current survey
which follows in part:
I'm addition to the trade ex.
panSiOn experienced because Of
more energetic sales policies, ice
companies are being aided by
wide variety Of external factors.
The effects Of population growth
are being multiplied, for in.
Stance, by the drift from rural
to city habitati0nS. Other In.
fluenceS which naturally in.
crease the demand for ice are
the growth Of chain food stores,
expanding transportation Of
periShable foods and increas-
ing consumption Of soft drinks.
Commercial requirements &C
count for the bulk Of ice con-
sumption, with refrigerator
cars ranking q poor second and
household uses third. Continued
expansion Is expected in the
last named field, while CONNER
cial use should at least be well
maintained natural growth
Offsetting the loss from grad
ual application Of mechanical
refrigeration to this division),
with the only appreciabIe de-
cline coming in household pur.
chaSeS."
The Washington times., 1930-12-26
BROKERS
ARE QU|ZZED

NEW YORK, Dec. IS QN.sJ.
Brokers reported to have handled
short sales Of stock in the closed
Chelsea Bank and Trust Company
and the Bank of United States
were to be questioned today by
Assistant Attorney General Wat
son Washburn.
It was stressed by Washburn's
office that the brokers involved
were not aware Of any pilot, If
such a plot existed, against the
financial institutions and were
innocent Of any destructive intent.
Questionnaires were sent out
by the Attorney General in con-
nection with the allegation that
Communists were attempting to
undermine public confidence IN
banking institutions.
The Washington times., 1930-12-26
COTTON PRICES
ARE QUIET

NEW YORK, Dec. 26 0.NS0.
With foreign markets closed for
continued holiday celebrations,
the New York cotton market was
quiet during the forepart Of to-
days trading session with a
small amount Of trading. Prices
were Steadier, however, as offers
were small, and there was a fair
demand from shorts and the
trade. Spot houses took up Of
ferings in January which came
mostly from commission houses.
New Orleans bought distant
months. There was q scattered
demand from commission houses
for distant months.
Co-operativeS bought July, while
the South and lo"al traders sold.
At midday, January new sold at
9.7S, up s: March at 9.99, up 1;
May at 1923, unchanged, July at
1852. unchanged and October at
1911, up /.
The trade has reason to believe,
according to some observers that
the worst has been seen during
1880 in the cotton industry. It
is generally believed that at least
some shortage Of goods is noW
accruing and that a significant
bulge In business activity will de-
velop next spring.
The Washington times., 1930-12-26

comparison. he thinks, shows a
strong position.
EXPORT" Chances Small
But what chance Of exporting
is there, when we have artificially
boosted wheat prices far above the
world market price? Foreigners
won't buy from us when Canada
sells 26 cents a buShel cheaper.
Does the Board not know that
corn and other grains (which
they do not peg) are slumping, SO
that farmers are not going to sub
Stitute so much wheat for corn in
feeding livestock as would other
wise be the case? In fact, we are
not going to eat as much wheat
as we would, If the price were
more normal.
Highest Prices
He talks about present low
prices" of wheat as stimulating
consumption. But wheat prices in
this country are the highest in
the world. And May wheat is
held at 81 cents, against May
corn at 20 cents.
He admits that wheat "prices
are the lowest in % years." If
this is true, how can he say that
the statistical position Is strong
and that a big reduction in carry
over is probable? What are we
going to do with our surplus
wheat? We, as a government,
have bought it. You and I have
paid taxes and will pay more
taxes, to buy wheat. But we can't
sell it. We don't want to eat
much more Anyhow, corn, oats
and rye are much cheaper.
The Washington times., 1930-12-26
COTTON GOODS

NEW YORK, Dec. 26 G.N.SJ.
Firm prices and a small amount
Of business marked today's trade
in the local. cotton goods district.
On two or three constructions of
print cloths it was declared some
business was booked in the morn
ing, with mills turning down con-
siderably more than was offered
at levels less remunerative. Activ-
ity dwindled off after noontime,
and very little further business
was booked.
There was little or no change in
Sheetings with very little business
done. Carded broadcloths were of
continuing interest and it was
stated that some small orders were
taken. Other coarse yarn fabrics
were quiet.
The Washington times., 1930-12-26
TEXTILE TRADE
PROGRESSFOR
YEAR NOTED
Sloan Tells of Strides in
Industry. Reduced Hours
for Women, Minors Urged

NEW YORK, Dec. 26 Q.N.S0
Decided progress was made this
year in dealing with the cotton
textile industry's problems, and
constructive forces are at work
in the industry to q greater ex-
tent than at any time since the
late war.
George A. Sloan, president Of
the Cotton Textile Institute, Inc,
in thus presenting the platform
of expected improvement in the
cotton goods trade, points out
that the industry has under.
gone a general overhauling in
fundamentals and this, coupled
with the increasing tendency of
mill executives to avoid over
production, affords basis for
reasonable confidence in the
future"
Willingness Is Evidenced
He said:
"The mills have shown a de.
termined evidence of their will.
ingness and ability to balance
production with demand. Latest
available data show: Mill in.
ventOrieS of cotton grey goods
rs per cent lower than at the
'clOse Of 1929 and lower than
at the close Of 1928; the az.
gregate of both sales and ship
mentS exceeded production dur
ing the first eleven months of
1880.
Mr.. Sloan said the question of
dtscontinuing night employment
Of women and children is receiv-
ing special attention at the year.
end. Already, he says, mills rep.
resenting 70 per cent of the in.
dustry have announced their pur-
pose to discontinue this night
employment before March /.
Efforts to enlarge export
markets were un dertaken
through the formation of the
textile export association of the
United States.
Cotton Demand Lower
The present demand for
cotton yarn and fabrics leaves
much to be desired. Trade and
consumer advertising in 1880
helped to maintain q nation
wide interest in the fashion
importance of cotton. In.
creased activity along national
advertising lines is being
strongly advocated by the cot
ton textile institute for 1881"
The Washington times., 1930-12-26
Wall Street
Hears:

That the selling of Interna-
tiOnaI Harvester (HR) is attrib-
uted to the belief that the COM
pany will be affected by the de-
creased purchasing power next
year.
That Allied Chemical and
Dye (ACD) has acquired sew
eral units In Germany.
That of the 900 issues listed
on the Big Board fully so per
cent have recently sold under
SIS q share.
That Nash (NSS) will net
about $2.75 q share this year
against $3.50 . share last year.
That American Hawaiian 8.
S. Company (AHS) viii prob
ably show an operating loss
this year against q net profit
last year Of s1.137,421.
That Briggs Manufacturing
(BGD will net about S2.26 q
share this year against $1.21
. share last year.
The Washington times., 1930-12-26
7. C. Penney Clues
S536,778 Bonus

The annual J. C. Penney Christ
mas fund totals $536,778 this year
and has been distributed to the
6,671 employees Of the company.
Every employe who has been with
the company since January / will
share in the bonus, which Is di-
vided according to length Of serv-
ice. The Bryant Park Bank Of
New York. has paid their en-
ployes a 10 per cent of their sal
aries for the six months ended
December 81. The American Steel
Car Lines, Inc, paid 5 per cent
of their yearly salary to all their
EMPLOYEES.
The Washington times., 1930-12-26
LIGHT
ON BILLION
TURNOVER
First Great Nationwide
Check-up Says Much for
Honesty of Country's Buyer

Credit and installment business
in the United States is enormous
and yet the American people are
paying their bills, Edwin B.
George, chief of the marketing
service division of the Commerce
Department declared today.
A survey conducted by the De
partment showed the annual vol
ume Of retail credit business is' IN
excess Of $40, ,000, ,000, 900 and that
annual credit losses, many Of
which are avoidable, approximate
but 5000, ,000, 900. Mr.. George said:
"We can breathe q sigh Of re-
lief at the discovery that with
all Of their Open-credit and in
stallment commitments, the
American people are not yet
hOpeIesSly mOrtgaged.
They Get Their Money
"AlthOugh they are buying
$4,000, 100000 to $4,000, 100000
in instalIment goods a year and
some $4,000, 100000 goods on
open credit, the fact remains
that the grocer, the butcher
and the candIeStick maker us
ualIy get their money and the
last painful installment is us
ually paid" -.
The survey of retail credit
practices is the first nationwide
check on credit made in Amer
ican history, according to George
He said it was opened to the
Government, and to business as
well, a wealth of new knowledge
on many matters which hitherto
lay in the limbo of guess work.
The Washington times., 1930-12-26
DISTRICT TRADE
MAY TURN
BETTER
Steadiness of Stocks Pre-
dicted by Specialists; See
Commodity Prices Up


Trading of securities on the
Washington Stock Exchange is
expected to show a much greater
growth after the first of the .ear.
local brokers believe. Those who
specialize in stocks listed in the
local exchange point out that the
depression, which has been scat
tered over the country does not
to q great degree, affect prices
here.
Commodities, sold through
Washington dealers, however, are
not expected to maintain the
prices which they have held dur
ing the past months. For some
weeks these commodities have
sought lower levels, but it is be-
lieved that they will soon be high
er, especially in the green-goods
class, due to the shortage which
many believe is soon due.
Christmas Sales Good
Christmas trade in the District
reached high levels and in some
instances new records were set by
stores dealing In specialized
goods. It is noted that sales
here were greatly in excess Of
records set elsewhere. due to the
fact that In other cities the buy.
ing power of the public has been
restricted by the depression. This,
merchants say shows that the
depression is not being felt here
as badly as elsewhere.
Balance net operating income
of the Chesapeake and Potomac
Telephone Company for the II
monthe ended November 80,
amounted to $1,183,183, which
was an increase of $17,835 over
the same period last year, the re-
port Of operations Just filed with
the Public Utilities Commission Of
the District Of Columbia shows.
Balance net operating income
for November was $136,9S0 as
compared with $1O4,562 for the
same month in 1929. =
Telephone operating revenues
for November amounted to $744,-
534, with expenses of $514,864,
making telephone operating in
come after deducting taxes and
uncollectible $173,622.
Telephone operating revenues
for the ii months were 1892. .403
with expenses during this period
of $5,732,236 After deducting
taxes and uncollectible the net
operating income amounted to
$1,599,947. Taxes for the month
of November were $51 1926, which
was an increase of $7,325 over
the same month last year. Taxes
for the II months ended Novem-
ber 80 were $521,117, an increase
Of $8,463 over similar period
last year.
Expenditures Noted
Capital expenditures for new
plant and equipment for the first
IL months Of the year amounted
to $3,163,384. Gross retirements
during this period were $2,936, ,780,
making net additions $226, ,6O4.
Net additions to plant for the
IL months ended November 80
amounted to $380,S62.
Robert v. Fleming. president of
the Riggs National Bank, has
indicated that plans for the
American Bankers Association
conference to be held here Feb
ruary 26 and q are progressing
favorably.
The meeting is said to be of
vital Importance to local bankers.
At the meetings number of
questions regarding new methods
Of finance and banking will oe
discussed.
The Washington times., 1930-12-26
Price Fixing Folly Shovr1
By Federal Farm Board

We are having a fine chance
to see how price maintenance
schemes work out in practice.
December wheat futures on the
Chicago market are being
''pegged" at about 76 cents q
bushel. This Is being done by
our Federal Farm Board and it is
being done with our money.
Congress has just authorized
the expenditure Of another $780,
600, 900 by the Farm Board. This
brings their total expense (and
perhaps their total loss) up to
about $400, 200, 900.
At the same time that Decem-
ber wheat is pegged at rs cents.
we find July wheat (Which is not
pegged) breaking to new lows.
At 81 cents the distant future is
nearly as low as ever on record.
Even Cheaper in Canada
We also find wheat on the mar
ket at Winnipeg, Canada, selling
at only so cents. This is actually
26 cents under the Chicago mar
ket.
The Farm Board is on the bull
side. But it seems to have the
bull by the tail! If it lets loose
Of December wheat to buy July
wheat, the near future would
certainly break.
How foolish the reasoning Of
the grain stabilizers may be
seen from =. recent statement by
the president of our Grain Sta
bilization Corporation.'\ He be-
gins by comparing our present
supply with the estimated re-
Quirements for food, feed, seed,
export and normal waStage." This
The Washington times., 1930-12-26
Deeds in Alexandria
ShOlU Gain in 1880

ALEXANDRIA, Va, Dec. 26.-In
spite Of the business depression
there were 1,765 deeds of bargain
and sale placed on record in the
Corporation Court in 1890, an in
crease Of 543 over 1929.
The largest amount on which
taxes were paid was the deed for
the sale of the city gas plant,
amounting to $750,000.
The Washington times., 1930-12-26
WOOL REPORT

BOSTON, Dec. 26 QN.S).-A
limited amount Of the finer
grades Of the domestic wool was
moving at steady prices. A fair
quantity of Ohio and similar 58s,
COS strictly combing wool was
being sold at So to IS cents
secured basis. Some business was
being closed on French combing
Gas and finer territory woods at
IS to 68 cents secured basis, and
a bid of 66 cents on an attrac-
tive line was refused. Strictly
combing 56s territory wool sold
at a price estimated on the lower
side Of the range 81 to go cents
secured basis.