davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1930-07-01
Uptu1.n in Business
Is Predicted By Gov.
Emerson at Parley

had purchased at top prices
lost to those who sold, while
those who had bought In at
low prices and failed to unload
lost imaginary paper profits.
But I'm the final analysis the
nation as O whole lost nothing
in real wealth or real pur-
chasing power because for
every loser there was to be
found somewhere along the line
q profit taker. When IL was
all over there was just as
much money In circulation as
there was when IL started.
However, q mental reaction
set in which, travelling in a
cycle, cut consumption and
then production. When we
forget the stock market losses
and remember that the basic
prosperity of America hasn't
been affected then business will
pick up and conditions i'm
prove"
The Washington times., 1930-07-01
IMPROVED EARNINGS SEE n
BEFORE AUTUMN
Investment Banker Claims Stocks Will Be
Lower; Says Business Confidence
Has Been Lost
BY THE SPECTATOR

in the stock market yesterday was que
largely covering although at times the list gave oca
ons of good quality buying feature the drying
up volume all sebacks The recent inability OF the shorts
to attract following has led to the belief IN many quarters
that thoroughly sold out even oversold Tna
course be Some operators ana marKet
students are equally positive that will see lower prices
before the still contend that the future
course of the depends almost entirely on the eno OF
statements of improving earnings rather
than outburSts of verbal optimism to make oe1ne
chanxe in the trend securities prices Improved earnings
may come join with the constructive forces
Of the financial community in hoping So
The Washington times., 1930-07-01
A Rearish Forecast

Wide attention was attracted
by O review by c. Willard Young,
jr., of Young and Ottley, Inc.
managers of investment funds.
He claims that, on basis Of exact
valuation, common stocks are
due for larger prices, and those
investors who have waited 10
years to buy America on the bar
gain counter will have their op-
portunity. He blames the de-
Struction of business confidence
on the political delay in passing
the tariff bill. also on the de-
cision of business leaders that
further pretenSe Of favorable
activity was useless.
Most brokers feel that the cur
rent rally is technical and neces-
sarily temporary. They say the
market will have to experience d
dull period with narrow fluctua-
tions for a couple of weeks or a
month before we may look for
any sustained recovery.
The Washington times., 1930-07-01
Organize Aircraft
Sales CORPORATION

The tendency towards mergers
and centralized selling in the
aeronautical industry is further
evidenced by the recent organiza
ton of National Aircraft Sales
Corporation. organized as a ma.
tional distributing unit for indie
pendent aircraft manufacturers
The new corporation, a Delaware
corporation. is headed by Peter c..
COrtelyou, of Huntington, L. /.
Donald C. Pearson is vice presi-
dent and secretary.
The Washington times., 1930-07-01
Local Stocks
Times staff Photo

FURNISHED by w r. Hibbs d Coz
SALES
Potomac Electric Consolidated
IS, $4,0000l021a.
Washington Gas SIS, A, $1,000
1ol, $50o@1o2.
Norfolk and Washington Steam,
boat Rts. (w. iJ, 5A16, 5016, SO
16b.
Potomac Electric 8 per cent
pfd., 50111.
deral- American National
Bank, 1O@275, 1O@275.
District National Securities ptd
1o@67.
Peoples Drug Store pfd., 100
10312, 10@1031a.
After call-Washington Gas 6s,
A, $1,00001$2h, $1,OO00103.
Washington Railway and Elec.
trio IS, 81 1,OOO086.
Capital Traction SIS, $2.000691,
$2,0O0091. $1,000691. s500691,
PUotomac Selectric 512 per cent
pfd.. 40 108.
Washington Gas SIS, 5000 103
Capital Traction Company, 100
5s12, 505S1a.
Ejd Att
The Washington times., 1930-07-01
Tobacco Products
Resumes Dividends

Directors Of Tobacco Products
Corporation have voted to re.
sumo dividends and declared a
quarterly dividend of 20 cents on
Glass "a" stock. payable August
IS to stockholders Of record July
fS
The Washington times., 1930-07-01
A Bullish Prediction

'The bulls got over.ambitious
last summer" one of the Streets
veteran traders remarked yes
terday, "and they found them
selves in plenty of trouble when
the market collapsed. Mark my
words, the same thing is getting
ready to happen to the bears.
They have had things all their
own way since April. and most of
the time since November. They're
getting cocky and more careless,
and they're going to get caught.
One of these days the big squeeze
will come and the bears will drop
some of those fortunes made on
the short side. And then you
may look for another bull mar
ket."
The above forecast was called
forth by the knowledge that the
short interest in the market IS
growing by leaps and bounds. A
large part of it is of the type
called amateur"
Drug, Inc, Dividend
II is quite possible that Drug,
inc, may raise its dividend to
The Washington times., 1930-07-01
Crude Rubber Stocks
Increase in London

LONDON, July Crude rub
Der stocks in London on June %
increased S11i tons over the pre-
cedins week to total 1889 tons.
The Washington times., 1930-07-01
Yellow Truck Prospects

May net income of Yellow
Truck was about 100000. Com
pany production in the first five
months of 1880 was more than
110 per cent above that of the
same period last year. The gain
was made while the rest of the
industry was in the throes Of
deepest depression. One recent
order was for 500 buses. In the
best informed circles the COM
pany is said to have turned the
corner,
The Washington times., 1930-07-01

A telescope view of Washington
BUSINESS sEaVIcF DIRECTORY Of
today's Times Classified Ads.
The Washington times., 1930-07-01
CHICAGO GRAINS

CHICAGO. July E.s).-Grains
opened higher today. wheat was i
to &c up; corn, 4 to 1zc up and oats
up Il to &c.
The Washington times., 1930-07-01

Amer Tel & Telga Ans '33. I1O1 l.....
Amer Tel e. Telga 4l3s 80 1851
Am Tel & Tel C'tl .Tr SIS. . 1O4I4 ...,.
Anacostia e. Pot RR SIS . SO ....
Ana & Pot Guar 5s.... 20
c & Tel Of Va 5s.... 102 ..,.
Cap Traction RR SIS ...... 30 81
City & Suburban 5s ... 81 ,,
Georgetown Gas 1st 101 w
Potomac Elec Cons 5s..... .i102 1o2 "A
Potomac Elec 6s........... .l106 ..
Wash Alex Mt V Ctf. S ...
Wash BALTIC & An 5s.... 65 ...
Washington Gas SIS ......102 ..
Wash Gas SIS Series A.....I102 1903
Wash Gas SIS Series B....j105 I1O6
Wash Ry & Elec As ..... SIS So
The Washington times., 1930-07-01

Among the issues I favor most
for their excellent speculative out
look are Ingersoll-Rand, Foster
Wheeler. Spang Chalfont and
Byers Pipe. These companies are
expanding earnings rapidly as the
result of the growth of the nat
ural gas industry. for which they
supply pipe and other equipment.
The Washington times., 1930-07-01
General Foods Accumulation

General F0ods AccumuI3ClOn
From well-informed sources ]
hear that the head of one of the
oldest and most conservative in.
vestment houses has been accu-
mulating General Foods, due to
his belief that the company is
in line for greatly increased rev
enues from growing use Of its
frosted foods" method Of freeZ-
ing packaged meats, fruits and
vegetables.
The Washington times., 1930-07-01

$3.50 or IS within the year. De-
mand for the company's products
is stable and earnings are said to
be running at about 81 a share.
including subsidiaries income. AT
it's current market price around
72, Drug is selling to yield better
than 512 per cent and would ap-
pear to be considerably under
valued.
The Washington times., 1930-07-01

Underwood Elliot Fishers pla1
to organize an Italian subsidiary
is in line with the company's we'll
defined expansion program. This
move would defeat any possible
adverse effect the tariff might
have on the company.
The Washington times., 1930-07-01

Barber e. Ross Inc 6hs.... SO 80
Chevy Chase Club 5ns'... 100 ...
D c Paper Mfg 6s........I SO 10
W NJ Cold Storage 5s..... a5 I...,
Wash Cons Title 6s........t a1R 100
The Washington times., 1930-06-23
LdjAH Go
ShORplng! :!
BY Patricia Lee

r." BNBtCO VI NtG 0FGUpO SUItCbC
you can find the articles de.
Scfibed belotD. address Patricia
Lee, care OF The Washington
Times, or telephone District
$3.50, Extension 165, bettDeen
the hours OF $3.50 and S.
Washable Summer
Sports Gloves, $1.25
It's smart now to wear white
fabric slip-ons with your sum-
mer frocks, even If they have
short sleeves. These are two
ply and Of an unusually good
quality. The simple type that
is correct. Also in skin tones.
A New
Gift Shop
We've discovered a gift shop
here that you may not know
about. We think the Selec-
tions unusually good. There are
many things that we haven't
seen elsewhere, all in unusually
good taste and priced moder-
ately. There's a table of gifts
at 81 that are quite clever and
very acceptable, in fact, we
bought several.
Polo Shirts
For Sport, 81
We've written about polo
shirts before but we've never
found them for this price in
such good quality. These are of
cotton mesh in white or paStels
with q regulation collar that
may be worn high or low, and
short sleeves. They are cool,
porus, absorbent and smart for
any active sports.
Chippendale Mirrors,
Maple or Walnut, $3.95s
We have never seen nicer
mirrors for an early American
home than these. OF course
they are beautifully shaped, as
they follow the famous Chippen.
dale lines. In maple or walnut
finish. The mirror is good and
clear and Is 40 By IL inches.
The Washington times., 1930-06-23
What's in Fashion?
Games Indoor and out

speak to an expert when he's
oncentrating on his next move.
And peggity. II you ever
played tic-tak-toe you know the
principle Of it. But you do 1t
with pegs on q board instead LOT
pencil and paper. And in rows
of five instead Of three, Makes
it more difficult. And more fun.
Backgammon
Backgammon is an ancient
game that's taken the country
by storm since it was revived p
while ago. The moves Of the Is
pieces are determined by the
throw Of dice.
And in its modern version,
two, three, four or even more
can play it.
Russian Bank is q fashionable
two-handed card game. Folks
are taking up cribbage again,
too. Rumrny and Vingt-et-ur1
are played in thousands Of hv.
ing rooms every evening.
And If you're alone, and don't
want to play solitaire, try a dia-
gram1ess crossword puzzle or
one Of the new jig-saw puzzles
that are just back in fashion
again. They'll give you a run
for your money!
Copyright, 1890, by Amos Parrish & Col
Tomorrow: Amos Parrish de-
scribes some fashionable cos
tunes for the large woman.
The Washington times., 1930-06-23

The outdoor life everybody's
leading these days has had an
interesting influence on the
games we play. There's hardly
any need to mention tennis
and golf. They're almost part
Of our daily routine.
Probably five people out Of
ten play one or the other ."
or both. They take up columns
Of. space in the newspapers.
People cross continents and
oceans to watch them played
or to play them.
Ping.POng
But look at this. PingPong's
in fashion. 1t used to be in
fashion back in the early years
Of the century. Then it died
out. Now it's in again.
And what is it after all but
indoor tennis! Probably one
day when it rained or one
night after the sun went down
some tennis enthusiast
started batting balls across the
dining room table. And ping
pong was born.
Now it has a special table
special light cellu!o;d
balls and a special rule
about service strokes. And
folks who never held a tennis
racket in their hands are ex.
perts.
And deck tennis. Tennis
played with rings instead OF
balls with a net six feet
from the ground. Almost as
strenuous as the regular game.
And fun. And they're playing
it-on steamships and in back
yards.
Outdoor Bridge
Look what outdoor life has
done to bridge. Bridge fiends
insisted on playing at pic
MICS on swimming par
ties on sail boats. But
the breeZes we're incongenient.
So first they invented larger,
heavier cards. Then came the
bridge tiles like dominoes ="
and little racks to place them
The Washington times., 1930-06-23
Orga ndies to
Dominate
Season
By .WILMA "a VILE

This season brings q return
Of cottons, loveliest of all the or
CANDIES. They seem to express
all that is youthful, feminine
and lovely. They are entirely
in keeping with this mode Of
romanticism that the smart
world has taken to its heart.
No wonder the new organdieS
are so popular, for there are
several developments that make
them most intriguing and more
individual than ever. Some Of
them follow the trend towards
interest in texture so that they
have their surface embroidered
all over. Others are printed in
the loyeliest flowered designs.
Others are in plain colors but
make up for their lack Of de-
sign by the many beautiful de-
vices that are used in their
making.
All Of these organdies have
the fashionable ankle. length
skirt, natural waiStline and very
often little Empire sleeves. They
use bits Of lace and StreamerS
Of ribbon in many delightful
ways. Some of them were de-
signed in Paris but others just
as lovely are Of American in
spiration.
Another good feature Of this
years organdies Is that some of
them are made with enough
Sophistication to be worn by a
more mature person with a slim
figure, as well as by the young
girls with which we always as
sociate organdies. It's particu-
larly good in eggShell or in flow
cred prints for an older person
and always made very simply,
in fact, in rather tailored fash
ion.
The printed organdies are
perhaps the most popular and
when you see their beautiful
,.tternS you will understand
why. Some are on pastel back
grounds, others on white. When
they are embroidered the back
ground is usually white with
color, though they may also
be in pastelS.
We are Sketching three lovely
frocks from a Washington
store illustrating these types.
IF you care to know more
about them, telephone or write
Wilma LaVille at The Wash
ington Times, District $3.50, Ex-
tension 165.
The Washington times., 1930-06-23
Valentine Thompson
Of Paris, Visitor
OUer the Weekend

Miss Valentine Thomson,
Partisan author and playwright,
whose first book in English,
BRAND, Man of Peace" has
come off the press livery re-
Gently, passed the weekend In
Washington at the Mayflower,
leaving yesterday afternoon to
visit the United States Ambas-
sador to italy and Mrs. John
w. Garrett in Baltimore.
Miss Thomson has been in
New York for the past sevaral
months and is sailing aboard
the Paris on June 80 for
France. Her new novel, "You
Don't Know Charly," will come
off the press in August.
The author is the daughter
of M. CASTOR Thomson, who
has held the position Of min
lister OF Marine in the French
Parliament for the past So
years.
In 1905 members of her faith
er's family came to America and
settled in Charleston S. c.,
marrying into the Thomson
family which accounts for her
American name. They later
returned to France and es-
tablished their home there
again.
The Washington times., 1930-06-23
Season Opens
At Nearby
Spa
apitaI MatronsC Flock to Re,
hoboth Beach; Husbands
There for Weekend

What an "all-Washington" re-
sort Rehoboth Beach, DEL, has
turned out to be! Judging
from the looks Of things over
the weekend, the season seemed
to have an official opening,
with most of the Capital cot
tagers assembling, some for
. their first taste Of the life at
this little resort.
Major Georges Thenault, mil
itary attache for aeronautics
at the French Embassy, was
there for the weekend. He
plans in the future to make
the trip by air, as soon as he
discovers a suitable place to
land his plane. Nine. Thenault
and their young son will go to
Rehoboth this week to join her
mother, Mrs. 2. H. Spencer
Goes by Air
Henry Berliner, son of the
late Emile Berliner, inventor Of
the microphone, makes the trip
by air every weekend, to see
his wife and children, who are
established in their cottage for
the season.
Pierre H. de Ia Blanchetai,
/, first secretary Of the French
Embassy, spent the weekend
there, as did Francis Winslow
and Leonard Block. Mrs. Block
remained for a visit with Mrs.
Winslow.
John Kennedy and Mrs. Ken
nedy's mother, Mrs. Frank T.
Hines, joined Mrs. Kennedy in
her cottage there for the week
end.
william North Sturtevant, ac-
companied by his younger
brother, Sonny Sturtevant,
Joined Mrs. Sturtevant.
Wilmington Colony
Richard Morgan. Of Whining
ton. nephew of Mr.. and Mrs.
Harry Morgan, Of Washington,
and his wife, the former
Frances DUPONT, daughter OF
the late Philip dupont. were
the guests of Mr.. and Mrs.
Campbell Weir. Mrs. Weir was
formerly Esther DUPONT, daugh-
ter OF Lammot DUPONT, Of
Wilmington.
Senator Samuel Shortridge
and Senator and Mrs. Hamil-
ton F. Kean were among those
at the opening of the PLACE
Deauville at the Wardman
Park Hotel on Saturday eve
ming. Others dining at the
PLACE Deauville were Mrs. viii
liam p. MacCracken, Walter
Penfield, Mr.. and Mrs. Clifford
Folger, r. B. Lyon, Mr.. and
Mrs. Wallace Chiswell, the AS
sistant Solicitor of the Treas
ury and Mrs. Harry X. Daugh-
erty, Mrs. Sidney Bartlett,
Lieut.. Peter Monsey, Mrs. Helen
Semple and Lieut.. and Mrs.
Squire Pullen.
Mrs. Alfred D. PelI, of Tux
edo Park, N. Y, is spending a
few days in Washington at the
Mayflower and will leave to-
morrow morning for New York.
The Washington times., 1930-06-23

on. And now arrives the bridge
board =" which is illustrated.
A. folding metal board, with
clips to hold the dummy's cards
in place and other clips to hold
the tricks as they're taken in.
We've gone back to croquet
again that gay game Of
the Gay COS. A good game
for the not-so-athletic who like
to be out Of doors. Takes quite
some skill, too.
So do quoits-a slick :"
and fashionable game for
the back yard.
Contract and Auction :
There are plenty Of good
games in fashion for those who
are athletic in the head, in
stead of in the legs or arms.
We mentioned bridge. Con-
tract or auction. Everybody
The Washington times., 1930-06-23
N,,,e I&As
Weekly Program Of
Women's Clubs
Tuesday. June "a

Tuesday, June "a
Catholic Daughters, card
party, $3.50 to II o'clock.
Eastern Star, Warren G.
Harding Chapter, meeting in
charge of Past Matrons and
Patrons Association. They will
confer degrees and there will
be a program of entertainment.
Wednesday, June IS
The Rowac Club, annual p.:-
mic at home of Mrs. Walter
Pack at Rockville. Md.
Wednesday, June rs
Soroptimist Club, last meet
ing of the club this summer,
as recess will be held for months
of July and August. A social
program has been arranged for
meeting with Miss Margaret
Gillespie as chairman.
Zonta Club, weekly meeting
at Raleigh Hotel at / o'clock.
Program will be club sing under
direction of Leonore Reed and
Emily Dickinson.
Thursday, June 26
Women's City Club, drama
unit. Picnic at Hams Point, 5
o'clock. Miss Edith Sears, chair
man, and Mrs. william Lee
Corbin. president, will be guests
Of honor.
Arts Club, "Antigone" garden
OF the club, Mrs. Maud Howell
Smith, hostess for evening, and
Clifford Brooks, director of Ma
tional Theater, will be guest Of
honor.
Saturday, June 20
The Chaminade Glee Club,
trip on board yacht, Emma
Kane. down Potomac.
Monday. june 80
National League Of American
Penn Women. Chevy Chase
branch, meeting at home Of
Mrs. c. c. Calhoun. Z o'clock
p. "A.
The Washington times., 1930-06-23
FASHIONS
FANCIES

Satin gets q rest in the form
of a nightgoWn of that fabric
in deep ivory. The gown is cut
on long lines with an upward
sweep and tied with a narrow
sash of white velvet ribbon. It
has a tiny pocket and q wide
border of fine Alencon lace,
II You Are Wrapped Up In
the idea of buying a light and
comfortable wrap, give a thought
to one of lace. Such wraps
are being offered with suf.
ficient weight to hang well and
yet give q graceful swing.
These lace wraps are mostly
cut on cape lines and are Of.
fered in black or beige.
Sheer compensation for q
thicker dress is to be found. in
coats of sheer fabric. Black
crepe Elizabeth is used to
fashion a smart sleeveless cCat
with a deep cape to cover the
arms. Double material is used
for the body of the coat, the
cape being transparent.
Another merger Of material
Importance is that of chiffon
and tweed. Chanel makes a
simple coat of hydranga blue
tweed and lines it with blue
florakprinted chiffon. The coat
is worn with a fitted frock Of
matching chiffon, which Is
sleeVelesa.
The Washington times., 1930-06-23
Young People Are
Luncheon Guests
At Annapolis Club

Maurice Tucker, of New York,
was host at luncheon yesterday
at the Annapolis Roads Club
house, taking his guests later
to the Beach and Tennis Club
for an afternoon of swimming
and tennis. Among Mr.. Tuck
er's guests were Miss Engracia
Freyer, Miss Jocelyn Hibberd,
Miss Mary M. Wren, Miss F.
v. Waggaman, Miss Katherine
Lowman, Miss Helen Stone,
Miss Marion Jardine, Miss Low
man, Miss Helen Walker, Paul
Lutes, Donald Robinson, Will
liam Jardine, Douglas MacAr-
thur, F. Foote, Prescott Gately
and Francis Walker.
In New York
Charalambos Simopoulos, the
Greek minister, is at the Am
baSsador Hotel in New York en-
route to join Madame Simopou-
los in Newport, where they
have taken a house for the
summer.
y 4 4
Mrs. John c. Cromlin and
her son, John C. Cromlin, jr.,
of Mt. Vernon. N. Y, are spend
ing the week in Washington at
the Mayflower. Mrs. Cromlin'S
late husband and his family
are former residents Of Wash
ington.
X 4
Return From Europe
Mrs. Herbert Shipman and
her father, Edison Bradley, have
returned from abroad and will
go shortly to Newport r. l., to
open their residence, SeAvieW
Terrace, for the season.
The Washington times., 1930-06-23

and indoors All kinds Of games New And old ones
too Some Of the best games today Of
old Some Of them have been played continuously Some
lust being revived
The Washington times., 1930-06-23
= Directed 6y AMOS PARRISH

dull boy old proverb has it. But there should
be very few dull boys dull girls . today.
Because it's the fashion to play! To play lot Outdoors
The Washington times., 1930-06-23
Marriage Of
Miss Gait
Is News
Frank 7. GaIt Announces Mar.
riaue Of Sister to Owen
Martin SWinIey

Frank T. Gait has announced
the marriage Of his sister,
Miss Dorothy Usher Gait, to
Owen Martin Swinley, Of Win.
chester, Va.
The wedding was solemnized
at st. Andrews Episcopal
Church by the Rev. DR.. j. J..
Dimon in the presence Of the
two families and . few init.
mate friends.
After q short wedding trip
Mr.. and Mrs. Swinley will
make their home ct 3l5 AM
hurst ST., Winchester, Va.
y n n
HOneymOOning
Representative and Mrs.
Frank N. Murphy are honey
incoming at the Thousand
Island House, Alexandria Bay
N. Y.
They were married In Wash.
ington on Wednesday Of last
week.
Mrs. Prescott Galley enter
tanned q company Of a at lunch
con today at the Chevy Chase
Club.
Sailing this Week
Nine. Domincio de Cana,
widow Of the former Brazilian
ambassador to the United
States, win sail for Europe this
week on board the Majestic.
She is now in New York, stop
ping at the Savoy-Plaza.
Mrs. Harry Wardman and
her daughter, Miss Helen Ward
man, Bishop Hill. and Spots
wood White, spent the weekend
in Virginia Beach, where they
stayed at the Cavalier.
BetrOthaI Announced
Announcement was made yes
terday by Mr.. and Mrs. Elmer
Harrison Rowley, of Pittsburgh,
Of the engagement Of their
daughter, Grace Rowley, to Viii
liam Larimer Mellon. jr., son Of
Mr.. and Mrs. William Larimer
Mellon, also of Pittsburgh.
Miss Rowley is a descendant
Of John Hancock. one Of the
Signers of the Declaration Of In
dependence. Mr.. Mellon is a
grandson of James r. Mellon, Of
South Negley Avenue, and a
granddaughter Of Secretary Of
the Treasury Andrew w. Mellon,
of Pittsburgh and washington,
and of Richard 3. Mellon, Of
Fifth Avenue.
Although no date has been de-
cided upon for the wedding,
Miss Rowley'S debut party.
which was originally planned
for next winter, has been can
celed.
Miss Rowley attended Ogontz
School, near Philadelphia, and
Mr.. Mellon attended Princeton
University.
i 4
In New York
Mrs. e. Francis Riggs, Of.
Washington. is at the Ambassa-
dor, N. Y, from Southampton.
X y
Representative and Mrs. Fred
erick H. Dominick, of South
Carolina, have returned to the
Mayflower from a New York
trip.
Il y
Mrs. Edward s. Perot is at
the Weylin, New York.