davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30
PRICES RECORD
GAIN IN DRY SPELL
Grain, Hay and Dairy Products
Sen Higher-Potatoes Drop
81 Barrel.

Farm prices responded in late July to
dry weather and the threatened lighter
production, says the United States De-
partment of Agriculture, Bureau Of Agri-
cultural Economics, Market News Serv-
ice. Grain, hay and dairy products Solo
higher, with sharp advance in corn. All
kinds of live stock continued the month
downward trend. Dressed fowls sell a
little higher. Wool markets are f1rm.
cotton lower. Eastern potatoes dropped
fully 81 a barrel through July. but re-
cent shipping movement Is lighter.
Most fruit and vegetables were selling
lower near the end of July. Best
Cobbler potatoes were down TO $2.25
per barrel. Long Island stock declined
in New York City to q range of $3.50 to
$2.75 per barrel. Acreage of lettuce and
yield per acre are increased in five late
crop States over last years figures
New York and Colorado expect slightly
heavier production than in 1929 and
California looks for a crop 20 per cent
greater than that OF last year. Termi-
nal lettuce markets were weaker. The
peach-shipping season opened in Mary
land, Delaware and Tennessee. Six
basket crates of best Elbertas, medium
to large sizes, were lower at Georgia
shipping points at SITS to $1.85
Watermelons showed a slightly better
position. Dixie Bellies, IS to % pounds
In weight, were selling on a cash track
basis in Central Georgia at SITS to $3.50
per carload. Cantaloupe movement was
starting in Maryland, Illinois, Indiana
and Washington. Maryland growers
we're getting $2.25 to 1925 per crate In
late July for their cantaloupeS.
July egg markets failed to maintain
the improved tone noted in June. Some
of the features lending support to the
market month ago were lacking. Re-
ceipts failed to show the full normal
crop in July and consumption was not
so active as a year ago.
Toward the latter part of July de-
mand for broilers below two pounds be-
came a little more active, although
prices have shown no advances. Some
increase in the supply of broilers weigh
ing two pounds and more occurred dur
ing the past month, but it was not suf-
flciently heavy to depress prices much
and dealers reported a very good outlet
for such stock at stable premiums.
Fowls are selling at about cents a
pound less than at this time in 1929
2 cents less than in 1928 and cent less
than in 1927. They gained 2 to 8 cents
during July.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30
STATE AGENCY is URGED
FOR FRAUD PREVENTION
DiSnatcb n The Star.

Special Dispatch to The Star.
BALTIMORE, July 30.-Establish-
ment of State agency with power. to
investigate companies which come from
other States to operate here and sell
stocks is advocated by Willis r. Jones,
assistant attorney general OF Maryland
Mr.. Jones pointed out that the pres
ent blue sky law, while effective in
stopping fraudulent schemes after COM
plant has been made, grants no power
to any State body to investigate these
companies before sales have been made
IT do not advocate a system of State
approval of stock sales" said Mr.. Jones
for this often results in an overvalua-
ton of stock. do think, however, that
there should be an agency with power
to investigate these companies. This
undoubtedly would result in saving to
those people who are easily duped by
llnscrl1pulouS statesmen"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30
SMALLEST DECLINE
IN COMMODITY PRICES

A decline of three-tenths OF l per
cent is shown by the wholesale price
index of the National Fertilizer Asso-
citation for the week ended July rs, the
smallest in three weeks.
Six groups declined and two adj
vanced. OF the ats items, 80 declined
and 81 advanced. The largest declines
occurred In fertilizer materials, textiles
petroleum, foods other than fats, live
stock and metals. A material advance
occurred in the group of miscellaneous
commodities, attributable to an increase
in the price of coffee.
Based on 1926-1928 as 100, and on
476 quotations, the index stood at 85.4
for the week ended July 20, 85.7 for
July 19, and $50 for July IL.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30
GRAIN MARKET.
~ the Associated Press.


CHICAGO, July 30.-Wheat prices
dropped more than cents bushel un-
der the record low established yesterday,
and July contracts finished today at
8312 to 8334 cents, while corn for de-
livery this month sold at 857s.
Gloomy predictions of world wheat
crop 200,000,0o0 bushels larger than
last year and the extreme quiet of de-
mand from foreign buyers forced prices
down to the lowest levels since 1914.
The days loss in wheat ranged from
to 3 cents a bushel
Final quotations, moreover, we're at
or fractionally above the lowest mark
of the session. July delivery touched
$3.50; low for September, the basic
month now, was 85K cents, and the
close 835s; December low was 90&
and March 95A
Corn lost some ground today, but was
still at premium over wheat for cur
rent month delivery Rapid harvesting
OF Spring wheat and bullying granaries
helDeO undermine nrinaS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30
UTILITIES FEATURE
TRADING ON CURB
Remainder of List Displays
IrreguIarity, With Sales
Volume Small.
BY JOHN A. CRoNE.

Special Dispatch to The Star.
NEW YORK, July 30.--The ability
of some Of the public utilities to adj
vance in a market otherwise character
tied by much irregularity was exem-
plified in curb dealings today
Led by Electric Bond &; Share with
q point gain. stocks that advanced in
early trading included American Com
monwealths Power "A" and B." AMER
jean & Foreign Power Warrants, Amer
lean Gas 81 Electric, American Super
power, International Superpower and
Consolidated Gas of Baltimore. Re-
newed selling came into the market at
noon, but even then the utilities stood
out best against the movement.
Some of this strength was attributable
to the fact that Consolidated Gas of
Baltimore announced a favorable earn
ingS report for the first half year. Other
earnings reports are expected to show
a favorable trend, though much of the
support was based on the recent general
strength of utilities. Then again, the
utilities harbor a large amateur short
interest
Trading coropor atoms moved err
ratically. Goldman Sachs equaled its
previous low of the year, reflect ng its
earnings report Blueridge, insult IT'LL
tiles, National Investors and Tri-Util-
tiles were lower, while United Founders,
Marine Midland and Shenandoah were
firm or a shade better.
Industrials were also ragged. Croker
Wheeler dropped of in moderately
heavy selling American Cyanimid "B"
and A. o. Smith moved lower, while
other industrials remained quiet.
AS group the oils were also quiet,
but Cosden OH was traded in blocks at
constantly higher prices until it was
nearly points higher on the day. The
Standard Oil group moved fractionally
lower, Vacuum dropping Il point and
Humble Oil losing almost a point.
Mining stocks were dull In the pipe
lines Missouri-Kansas Pipe Line was
fractionally higher, but there was no
interest in the rest of the group. Gas
stocks were somewhat more active and
their trend was also mixed. Memphis
Gas, United Gas new and Duquesne
Gas lost fractionally, but there were
advances in National Fuel Gas and APP
palachian Gas.
Volume was slightly above that OF
Tuesday, sales up to noon totaling 2O2,-
100 shares, against 1900 on Tuesday
and 100000 on Monday.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30
ders on hand sufficient to keep plant
at present rate through August.

ders on hand sufficient to keep plant
at present rate through August.
Arundel Corporation earned $164
common share in June quarter, against
$127: six months, $2.44, against 81 81.
Bethlehem Steel shareholders group
reported planning suit to recover
bonuses paid officials.
A. M. Byers earned 81 cents common
share in June quarter, against S1.59;
nine months, 1922, against $3.50.
Calumet & Hecla Consolidated Copper
earned cents common share in June
quarter, against 81 cents; six months,
So cents, against $181.
Goldman Sachs trading book value
securities owned June 80 was $3.50 AL
674, against market value, $192 1896, $40
Stockholders. same date. Al 700, against
SO, 500 December 81. 1929
Interborough Rapid Transit had def
icit $2,155,077 in year to June &c.
against profit $3,007, 900 previous year.
Lane Bryant, Inc, earned $500 COM
mon share in year to May 81, against
$4.94 previous year.
Loft, Inc, had deficit before de-
probation and taxes. $260.971 in first
half against profit $403, 4O3 year ago
Moto-Meter Gauge & Equipment re-
ported current sales SO per cent of yeaI
ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30
UTILITIES GROUP AIDED
BY REPORTS OF MERGERS
Special Dispatch to The Star.


? NEW YORK, July 30.-Rumors OF
more consultations among the public
utilities have been an influence in NOV
ing up this group and making half
dozen members of it moderately active
and strong. Pool operations have been
apparent in Standard Gas & Electric,
Public Service of New Jersey, United
Corporation, and Electric Bond g. Share,
with tendency to limit operations in
the former favorites, such as American
Power 81 Light, American g. Foreign
Power, American Water Works, and CO.
lumbia Gas g. Electric. Ahe adjourn
ment of Congress has tagen a poten-
TALLY bearish influence from the situa-
ton. On the other hand. the recession
in industrial operations and the usual
Summer dizziness are affecting earnings
of power and light companies in various
parts Of the country.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30
RAILROAD CONTRACT LET.

NEW YORK, July 80 (P.--The Wang
Construction Co. of Cumberland, Md,
has been awarded a contract by the
Pittsburgh & West Virginia Railway to
build the final link in the Cochrans
Mill to Connellsville line, near Scots
dale, Pa, to junction with the West
ern Maryland in Connellsville. A 60
foot bridge across the Younghiogeny
River will cost about $1,500,0OO. WORK
will be started soon and between DOC
and 600 men are to be employed 1or
three months.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30
CHICAGO DAIRY MARKET.

CHICAGO, July 80 OR.-Butter-
Receipts, 6,282; steady: creamery ex-
tras, 36la; standards, 36ts; extra firsts
35a3512 firsts, 33a34; seconds, 30a32
Eggs-Receipts, 1898; firmer; extra
firsts, 23a231a; fresh graded firsts, 22a
fresh current receipts, 19a20l2; ordinary
current receipts, 17al8.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30
Insurance Merger Approved.

NEW YORK, July 80 (R.-Stock-
holders of American Reserve Insurance
Co. have approved the proposed mer-
ger with Reinsurance Corporation of
America, which will become effective
upon approval by the superintendent of
insurance. The name, American Re-
serve Insurance Co., will remain un-
changed and one of the results is in
effect stock dividend of 33la per cent
to present American Reserve share
holders.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30
Markets at a Glance

NEW YORK, July 80 (R-Stocks
weak: leaders fall to 10 points on
bear raids. Bonds irregular: French rs
reach new 1880 peak. Curb heavy;
Goldman Sachs trading touches years
low. Foreign exchanges easy; European
rates sag. Cotton lower; favorable
weather forecast. Sugar easy; lower
spot market. Coffee higher; covering
CHICAGO, July 80 (P1.-Wheat weak;
bearish North American estimate. Corn
weak; rains Kansas and lower tenn
peratures Central West. Cattle strong
to higher. Hogs higher.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30
METAL MARKET.

NEW YORK, July 80 Co).-Copper
quiet; electrolytic. spot and futures, II 90.
Iron quiet; unchanged. Tin steady;
spot and nearby, 29.87; future, 30.05.
Lead steady; spot, New York, 5.25;
East st. Louis, SIS. Zinc Arm; East
st. Louis, spot and future, 4.75a4.60.
Anthony, 7.12.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30
NEW YORK COTTON

NEW YORK, July 80 (SpeciaD =
Heavy selling pressure prevailed
throughout today's market session and
cotton prices declined 81 a bale to new
low levels for the year.
All months closed below Is cents
with october selling at one time within
a few points of 1914 cents. The break
in the stock and wheat markets, to-
gether with increasing hedging opera
lions in the South, influenced the course
of prices. Spots were reduced 20 points
to 1245.
Cotton range.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30
MONEY MARKET.

NEW YORK, July 80 (R.-Call
money steady; high. q; low, 2; ruling
rate, q; close, 2 per cent.
Time loans steady; 80 days, 2-2H;
so days, IA Az; 90 days, az -2%; 4
months, az g: S months, 3; 6 months,
3-315.
Prime commercial paper, 3-3A.
Bankers acceptances unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30
C. & O. ORDERS RAILS.

NEW YORK, July 80 (P).-The
Chesapeake & Ohio Railroad has or
dered $4,000 tons of rail for its 1881
requirements. Contracts have been
awarded to Illinois Steel, $4,000 tons;
Inland Steel, $4,000; Bethlehem, $500,
and Carnegie Steel, $500.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30
CHICAGO STOCK MARKET

BY the Associated Press.
CHICAGO, July 30.-Following is the
complete official list of transactions in
stocks on the Chicago Stock Exchange
today:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30

The new truss arch bridge across the
harbor connecting Sydney and North
sydney, Australia, is regarded as one
Of the g-eatest of modern engineering
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30
INVESTMENT TRUSTS
NEW YORK. July 80 (P1.-over-t

Murray Corporation of America
earned 81 cents common share in June
quarter, against 81 40; months, "a
cents, against $2.72.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30

Pennroad Corporation reported hold
ings in Delaware g. Hudson are be-
tr~~r ,'e"1 pad 6ec9 shares.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30
NEW YORK CURB MARKET s s=:: Il. :1 :: 1 Ss:

Notice-An one hundred share lots
excepting those designated the letter (65s) tzSS
which shows those stocks sold IN odd lots only
II 1850 stock Salee-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30

New Jersey has approximately $4,000
s1line pumps.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30


Eek dividend tPary extra stock. aPayabIe
holders adjustment in
stock hPiu 40 stock jPlus 2S nstock kPus I0S
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30

BONDS.
2aooo insult rJtil SIS 40. 1884 i02 1o2
Bord sales today, $4,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-30
FOREIGN BONDS

ww-With warrants.
xw--Without warrants.
New.
wi-when issued.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-30

NOOAbhiuOQ FlIob FdRe.y
OF the Reichstag and present menace
to the Bruening cabinets plans, the
chancellor last week let it be known
that he was prepared, with the support
OF President Won Hindenburg, to carry
forward his reform policies, even II IL
became necessary TO adjourn the
Reichstag and adopt the role of dc
tator.
The new program strikingly recalled
the frank advice which featured the
nnal report OF the agent general for
separations, which was that Germany
must make up her mind to spend less
than she earns" Even s. Parker Gil
bert, however, did not hit the economy
note with as much vigor as was dis
played in the Bruening program
President Won Hindenburg. as the
nations chief executive, will take a SAL
airy cut of 20 per cent and cabinet
ministers and Reichstag members will
have to accept a similar slash. Six
per cent will be Topped of civil service
salaries and there will be corresponding
reductions in the salaries OF Refchsbank
and other state personnel.
Unemployment insurance which
lately has been tremendous drain on
the treasury, will be made sternly self
supporting.
Federal payments to state treasures
will be lowered drastically. Govern
ment relief OF the poor will be regu-
lated and limited.
The whole financial administration
OF Germany will be overhauled and
simplified.
The state taxation system will be
rearranged to lift burdens from in
dustry and farming. In this connec-
ton farms worth less than 5000 will
be exempt from taxation.
The tax on bachelors and bachelor
girls will remain.
A tax on smoking tobacco and smok-
ing materials is expected to yield
$50 ,000, 900 marks.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-30
HAYS B. WHITE DIES

MANKATO, Kans., September 30
R).--Hays b. White, rs, former Rep
resentatiye from this sixth Kansas dis
trtct died % his hcrns hefS last night
after long illness.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-30
BRANCH BANKING
OPPOSITION HIT
New Orleans FinanCier Urges
A. B. A. to Adopt New Stand
in Face of Economies.
By the Associated Press.

Sy tne associated Press.
CLEVELAND, Ohio, September 30
Recommendation that the American
Bankers Association break away from
its long adopted policy of opposing
branch banking was made today at the
general convention of the association by
r. S. Hecht, president of the Hibernia
Bank & Trust Co., New Orleans, and
chairman Of the associations economic
policy commission.
Hecht said he had the unanimous
backing Of the commission, which is the
bankers advisory body.
It was proposed that "some extension
Of branch banking privileges within
such restricted territorial limits as ex-
perience has proven would be economic
ally sound and will inevitably come"
Would Strengthen Banks.
Adoption of this recommendation by
the association would be justified by
the fact that economic forces are run
ming counter to the associations pres
ent rigid policy" he said.
He said branch banking would
sdcASbLlSIi tAAc pOSitiO1 OF DankS IN the
rural districts, which, now operating
independently, are finding it increas-
ingly difficult to make money. In sup
port of this statement he cited the
record Of country bank failures and ex-
pressed belief that branch banks, sup
ported by large parent institutions in
cities could supply requisite service in
localities where independent unit banks
would have difnculty in surviving.
Where economic conditions Justify It
the independent unit bank should be
foStered, Hecht said.
Signs of an upward turn of business
have recently appeared. and the factors
creating the upward turn should have
the wiSest cooperation the banker can
provide, John G. Lonsdale, president
of the Mercantile Commerce Bank 81
Trust Co. Of st. Louis and president
OF the American Bankers Association,
said.
Some Of the indicators of better bust
ness are the increased credit operations
Of banks this month. increased pur-
chases by. the public, increased employ
nent IN many factories, and accelerated
speed OF some factory wheels, he said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-30
TALKS ON PROHIBITION.

NEW YORK, September 80 CP.-
Bishop James Cannon, jr., Of the Metho-
dist Episcopal Church South returned
to the United States yesterday to face
charges filed against him by four clergy
men Of his denomination.
He arrived with his bride Of three
months and former secretary, Mrs. Helen
McCallum Cannon, on the liner Ameri-
can Legion from Brazil and left the pier
in q taxicab.
At first he declined to see newspaper
men, but later granted an interview on
prohibition, refusing. however, to dis
cuss the charges against him.
On that point, he said:
IT will say nothing until have had
an opportunity to read the oficial docu-
ments In the case. have already out
lined my position in a statement to the
Associated Press (radioed from the
American Legion Friday, and ! have
nothing further to say"
Declines to Pose.
The bishop declined to pose for pho
tographers and Mrs. Cannon kept to
her state room while the bishop was
clearing their baggage through the GUS
toms. She then attempted to leave the
ship by a freight gangway, but was
greeted with q bombardment of fash
lights. She took refuge behind the
backs of ships officers and workers on
the pier and waited until the bishop
drove up in taxicab. She entered the
cab, pulled down the curtains and 1t
drove away.
Admires MOrrow's Stand.
my addresses Con prohibition) were
well received" he said, and given wide
publicity In the leading Brazilian
papers"
Among other comments on prohibi-
ton, the bishop made these: That he
admired Dwight w. Morrow, who urged
repeal of the eighteenth amendment.
for his sincere stand. which he believed
consistent in that Mr.. Morrow declared
for the enforcement OF the prohibition
laws so long as they were in force: that
he believed the United States, except
for the great cities containing a large
foreign population, was more temperate
than 1t was before the eighteenth
amendment; that there was no doubt
there was a great deal of bootlegging
and he believed the breweries of the
country probably we're disposing of
much illegal beer, and that he opposed
Alfred Z. Smith for the presidency, not
because Of his religion, but because of
his views on prohibition.
In speaking of the sentiment against
prohibition in the cities, Bishop Cannon
said:
Where you find the Roman Catholic
element you find opposition to the pro-
hibition amendment, because the cardi-
mails, the archbishops and the Pope are
against prohibition. RomaniSm, as q
body hates prohibition"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-30
REPORTERS ELUDED
|. BY BISHOP CANNON
ChurChman, in Brief Talk on
Arrival, Refuses to Discuss
Recent Charges.

Bishop James Cannon, jr., Of the
Methodist Episcopal Church South
succeeded in eluding newspaper men
today, following the spirited press re-
ception accorded him last night at
Union Station on his return with Mrs.
Cannon from Brazil.
Last night reporters who greeted him
ct the station were advised he had
nothing to say regarding the charges
brought against him by four travelling
elders of his church, and today the
newspaper men could not even learn his
whereabouts.
At his office in the Bliss Building,
near Capitol Hill. 1t was said his place
of residence was not known and that
he was not expected to appear at his
desk today. Eugene L. Crawford, gen.
eral secretary in charge of the bishops
ofice,S said he had not heard from
Bishop Cannon since his arrival.
Son Visits ONCE.
One of the bishops sons, David Can
non, was at the Bliss Building early
this morning. 1t was understood he
collected the accumulated mail and took
IL 10 MS 1ather.
At the home of another son, DR.. w.
B. Cannon, it was said the whereabouts
Of Bishop Cannon were not known.
Two of the sons who were with the
bishop and Mrs. Cannon at the sta
ton last night exchanged heated words
with newspaper men who sought to in
terview the bishop as he left the train.
At ~one stage, when one of the sons
assumed a belligerent attitude toward
one OF the reporters, Bishop Cannon
stepped forward and prevented what
seemed likely to develop into q f1Stic
encounter.
A large corps of news photographers
surrounded the party and flashlights
doomed. Mrs. Cannon covered her face
with a newspaper when confronted by
the cameras.
Bishop Cannon was carrying a crutch
wrapped in paper when he arrived. The
reporters quickly encircled him and
piled him with. questions regarding the
charges brought against him. To each
question he replied, II have nothing
to say" as
Bishop Cannon entered a waiting au-
tomobile alone and was driven down q
ramp to the lower level of the station,
where Mrs. Cannon and q friend got
IN the car. The sons entered another
car and trailed their father to an I'M
announced destination. Reporters who
tried to follow found their cars blocked,
and the bishops automobile disappeared
before the press car could catch UP.
TALKS ON PROHVRTTI0N