davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1930-07-23
Sheaffer Pen Co.
Sets Dividend

Stockholders of the w. A.
Sheaffer Penn Company, Fort
Madison, Iowa, will receive the
same dividend returns in 1880 as
in the boom period Of 1929.
Directors Of the company today
declared an extra dividend of SO
cents along with the regular semi.
annual dividend of 81, payable
September IS to stock of record
of August 25. In March the
company paid the regular divi-
dend of 81 and an extra SO
cents, give stockholders a total
Of So per share in 1890 and 1929,
The company has not missed a
dividend in it's 17-year history.
The Washington times., 1930-07-23
Customer Ownership Plan
Declared Successful

likewise are stockholders, and
this number is increasing daily.
It Is our aim to make as many
Of our customers stockholders
of this corporation as possible.
In that way they will partici-
pate directly in the profits
which they help to make as
users Of C. p. S. service"
The Central Public Service stock
is sold to customers by the EN-
ployes Of the various properties
at $50 a share on a deferred pay
ment basis. The terms are SIS
down and $5 per month, for each
share of stock. Until the full $50
a share, is paid. the buyer-cus
toner is allowed s per cent inter.
est on his balance. After. the
stock is fully paid for, however
the investment return is greater
than this.
The Washington times., 1930-07-23
{. { ?. REPORTS
NET INCOME

Telephone operating revenues
for the month Of June were $724,-
1872. with operating expenses of
$523,330. the report of operations
Of the Chesapeake and Potomac
Telephone Company to the Public
Utilities Commission of the Dis
trict of Columbia shows. Net
revenues after deducting taxes
and uncollectible were $148,728.
The company's operating reve-
nues for the six months ending
June 30 amounted to $4,339, ,876.
Operating expenses for this period
were $3.179,389, making net reve-
nues after deducting taxes ana
uncollectible $S55,70 Operating
revenues for the first six months
of 1929 were $4.196,897. with ex-
penses Of $3.045,615, making net
revenues after deducting taxes
and uncollectible, $780, ,239.
Taxes for June amounted to
47,247, which was an increase of
$5,439 over the same month last
year.
Capital expenditures for new
plant and equipment during the
six months ended June 80 were
$2,077.347. Gross retirements dur
ing this period were $2.217, ,332. the
retirements exceeding the addi-
tions by $139,985. Net additions
to plant for the IL months ended
June 80 amounted to $2,188, 900.
On June 80 Washington was
served by 161,961 telephones. an
increase of 3,04S since January /.
Telephone users made about 16,-
7n0 ffln calls during the month
The Washington times., 1930-07-23
WARNER SHOWS
S1.47 SHARE
INCOME

Warner Company, for the six
months ended June 80, 1880, re.
ports total operating income of
$740.394. after allowing for depre-
ciation charges. After provision
for Federal taxes and payment of
dividends on the company's pre-
ferred stock, the balance Of $343.-
154 was equal to $1.47 per share
on 234,048 shares of no par value
common stock outstanding.
The company started business
In its present consolidated form
on April 3, 1929, representing a
merger of the Charles Warner
Company and the Van Solver Cor
poration.
May and June sales Of this
year were under those Of last
year, the report shows, but the
trend was upward ana indicates
a smaller decline in June than
in the earlier month. The May
figure was $1,257,564, or 1872 per
cent under that month last year,
while the June figure of $1,220,-
687 represents a decline of only
2.6 per cent.
The report states that an ad-
ditional amount of $526,5O0 of
the company's underlying obIiga-
tions were retired during the
past month, following retirement
OF $1,366,620 of such obligations
in the first year of the COM
pany's operation, making total
of $1,893,120
The Washington times., 1930-07-23
Standard of NJ. Unit
To Sell Auto Tires

Plans for the sale of automo-
bile tires are being considered oy
the Standard Oil Company of
New Jersey, incorporated in Della
ware. subsidiary of the Standard
Oil Company of New Jersey. It
is planned to retail tires at the
company's various service stations
which are located in New Jersey,
Virginia. West Virginia, Maryland,
District of Columbia and North
and South Carolina.
Standard Oil of Pennsylvania,
another unit of the Jersey com
pany, may also adopt the same
plan.
The Washington times., 1930-07-23

CHICAGO, July 23.-Rapid
progress has been made by the
Central Public Service Corpora
ton in the customer ownership
campaign launched early this
year, according to Albert e.
Peirce, president. From March
is to June 80 a total Of 193,4 ,440
shares of c. P. s. 81 dividend
preferred stock was issued by the
corporation. All Of this stock, it
is stated, is owned by customers
of the various properties owned
or controlled by the Central Pub
lie Service Corporation.
Colonel Peirce stated:
"By far the majority Of these
stockholders are customers Of
some one Of the properties Oper-
ated or controlled by Central
Public Service Subsidiaries. A
large number Of our employees
The Washington times., 1930-07-23

Onions--One Iowa. 2 Massachusetts,
and New Jersey arrived; IL cars on
track, iclunding broken. Western Mary
moderate; supplies increasing: dema nd
and trading light: market very dull.
Massachusetts, 100" pound sacks yell
lows. U. s. No. ], mostly 81. West
ern Maryland and Pennsylvania sacked
per cwt., ungraded, $1.5OQ2; few
higher.
Peaches-Four Georgia. 8 North Caro-
lima and 2 South Carolina arrived; 9
Eastern Shore Maryland truck re-
eeipts light; supplies increasing: de-
mand and trading light; market very
baskets bellies. U. $. No. i, ia inch
minimum, $2.50; IA inch minimum,
So: 2-inch minimum, $32sG350; -.
inch minimum, $3.75: "a inch mini
inch minimum. $s.25G35O
Peas-Supplies moderate. Western
bushel hampers, telephones S2.5a9
2.75. New York, bushel baskets, tcle-
Peppers-supplies moderate. North
Carolina, bushel hampers, fancy, 75c
9$1.25. Nearby, 1a-bushel hampers,
IS 075c.
cars on track. Receipts equivalent to
1 car Western Shore Virginia; 2 cars
Eastern Shore Virginia by boat arrived
Unreported July 21, receipts equivalent
to cars Western Shore Virginia by
boat arrived Nearby receipts moderate.
market dull. Eastern Shore Virginia,
stave barrels. CobbIers. u. s. Is. $3.50
oars. Western Shore Virginia stave
barrels. Cobblers U. s. Is. $2.25@ :. SO.
Nearby bushel baskets, CobbIers, $l0
Sweet Potatoes-supplies moderate.
North Carolina barrels yellowa ungraded
$500. Florida bushel baskets. yellow
barrels. No. /, $1O.OOQ11.0O; No. 2,
$6.0O065O.
Squash-Supplies moderate. Nearby
II -bushel hampers, 25@35c.
Tomatoes-No car-Iot arrivals; / car
reconsigned; no cars on track Re-
ceipts equivalent to one car by boat
Virginia, Norfolk Section and l car
Western Shore Virginia. Nearby re-
ceipts moderate. and supplying market.
Watermelons-Three Georgia. 1 North
Carolina and II South Carolina arrived
Is cars reconsigned; II cars on track
including broken. Supplies moderate:
demand good; market firm for fresh
stock. South Carolina, Tom watsons,
average. 25@sOc. CsF-lot sales. south
Carolina, bulk per car, layers. Tom
Watsons. 3O-32 lb. average, $25O@275;
1928 lb. average, $225; $3.50 h. aver
age, some spotted $3.50; $3.50 lb.
average. Excells $175.
EGGS
Market very quiet. On the Balti-
more Butter and Egg Exchange. there
were no offerings. Street sales, small
lots nearby current receipts 21@22c;
candled 23@24c. Receipts. butter 5S5
tubs; eggs, 2,64S cases.
LIVE POULTRY
Chlckens-YOung, coIored. as to size,
24@3 32c; leghorns, as to size, 17@23c
Chickens-Old, heavy, 23@25c; medium
% q 24c; leghorns and other light stock
Is @17c; roOsters. 13@15c.
Ducks-YOung, White Pekins lbs
and over, 1862Oc: Muscovy. lbs. and
over. 2O@22c Puddle. lbs. and over
$50 zoe. Ducks-Old. all kinds, boise
The Washington times., 1930-07-23
Machine Inquiries
Gain, Buying Small

A pronounced lack Of activity
still claims trading in principal
machinery and machine-tool mar.
kets throughout the country.
American Mechinist reports. Cur
rent business is negligible but no
further receSSionS are looked for.
With July almost over, the bot
tom of the prolonged period of
depression in the industry is seen
to be over, and even experienced
observers look for better times in
the fall. Inquiries are a little
stronger. but sales are hard to
close. Used tools fare better at
the moment than do more modern
types Of equipment. Nl
The Washington times., 1930-07-23
NEW YORK

NEW YORK. July 22-Produce:
Eggs-The market was unsettled
Nearby hennery whites and nearby
hennery browns, top quality, remained
steady while gathered current cOllec-
tions declined 1ac to 1c per dozen.
Nearby hepnery whites-CloseIy selected
extras, S2 q 35c; average extras. 2S@SOc:
extra firsts, 24@25c: firsts, 2202sc:
mediums 2S92Sc. Nearby hennery
browns. top quality. 29QS4c Nearby
gathered browns-Extras. 27@2Se: extra
firsts, 23h @241kc. Gathered current
collections, mixed colors-Closely se-
lected extras, 26 @27c; extras. 25@26c:
extra firsts. 22@23c: firSts, 20@21c.
Pacific Coast-Shell-t treated extras, 33h
@34Mc; shell-treated extra firsts. 80
e7Iac
Butter-Market was firm and prices
advanced isc per pound. Creamery
salted-Highsr score. $40 S7hc; extra
(92 scorel. 36isc; firsts t90@S1 score),
IS a SEC; firsts (SS@s9 score). S3@S4kc;
seconds (s4@ST scorel, S11S @32kc;
lower grades, 3O1a oslo
Cheese-Market was steady. New
York State held. fancy to specials
% % 2se; fresh specials lshe; fresh
Lave POultry-RecsiptS moderate: de-
The Washington times., 1930-07-23

The business situation in the
industrial groups which have to
do with chemicals, oils, and
drugs is a mirror of the general
conditions of trade, says the Oil
Paint and Drug Reporter in It's
survey covering the first six
months of 1890. Discussing the
industries individually the Re.
porter states as follows:
"The products Of these in
duStrieS are the working ma
terialS of hundreds of nnanufac
turing lines, and they arc, in
m any instances, the goods
which the public buys for use.
Consequently, the rate and
prices at which these products
move into consumption are &C
curate and reliable indicators
Of the volume of general man
ufacturing operations and of
the. buying activities Of the uI-
innate consumer as well. Nat
uraIly, then, business in chem
icalS, oils and drugs during the
first half of this year was not
so good as it was in the cor.
responding period of 1929. Man
ufacturing consumers had no
wish to buy materials merely
to add them to their alrea0y
large inventories of supplies.
The general public, being short
of money and, at best, dubious
as to when this ditiOn
would be improved, did not buy
so freely as it had q year ago.
However, the drug
group managed to keep its sales
rather steady over the six
months, although the volume
The Washington times., 1930-07-23
Grand Union Stores
Sales Gain OUer 1929

Grand Union Company sales
for the % weeks ended July IL
increased to SIG, 9,493, ,139 from SIT.
O58,161 in the same 1929 period.
Jobbing sales totaled $738,294,
compared with $2.761, 1868 a year
ago. The drop in jobbing sales is
explained in the company's report
as being due to the retirement of
the company from the coffee busi-
ness, which had previously con
stituted a large part of the job.
bing business.
The Washington times., 1930-07-23
Business Still Depressed,
Drug Trade Journal Says

was about AZ per cent below
that attained in the 1929 pc
riOd.
'"ThiS steadiness Of sales was
not accomplished without cost.
however. Profits have been
pared rather closely, and prices
at midyear averaged almost 8
per cent lower than they were
q year earlier. Production cur
taiIment was quite general.
Faith in an early recovery Of
business activity prevailed dur
ing the first quarter, but 1t
became somewhat weak when
another three months had gone
by without bringing tangible
evidence of improvement. IL
can be said Of the chemical-Oil-
drug group that it has done,
and is doing, It's part to give
business the sort and measure
Of assistance that existing con-
ditiOns require. In q number
Of lines, efforts to stimulate
buying interest have been in
creased, and it may well be as
Sumed that, If this had not
been done. conditions would now
be much worse than they are.
In other lines, where waiIing
waiting, rather than working,
were the rule, the effects Of de-
preston are much more i'm evil
dence. But, chemicals, oils, and
drugs cannot be sold i'm salts
factory volume to those who
are averse to buying at all: and
there can be no blinking the
fact th&t buyers, for the most
part, are taking a prolonged
hOliday-and some Of them
seem to be enjoying it,"
The Washington times., 1930-07-23
PRODUCE SHIPMENTS

Car-lot shipments reported for the
entire United States for Monday,
July 21:
neutrality-suspicious., 100: Arkansas,
10; California, SO; Eastern Shore Nary
land, /; Nevada. 2; New Mexico. 8:
Texas, s. Total 1872.
Onions-California, 21; Massachusetts,,
"a; New Jersey, 4; Washington. 90.
Others "a. Total 95.
Peaches-AIabama, /; California, 81;
Georgia, 3S7; North Carolina. SO; South
Carolina, Is. Total $50
Potatoes-Eastern Shore Maryland.
90: Minnesota, 81 Missouri II: North
Carolina a. Norfolk Section, 10; Eastern
Shore Virginia, 3S5 Others 90.
Total sill
watermelons-Alabam 6; California,
S7 Florida. 81; Georgia, 251 incom-
plete North Carolina. II; South Caro-
lima, lss; Texas, II. Total s6S.
The Washington times., 1930-07-23
Dir D KE RS SEE
RALLY DUE

3 Yesterdays weakness was not
= considered an indication of a re-
versal of the current upward
trend in brokerage circles today.
The resumption of the advance
late today or tomorrow was fore
cast.
See nothing in the present
situation to change our recent
suggestion of caution.-E. F. HUT
TON & co.
Inclined to believe that a rally
is possible after further weak
ness. Do not advise buying for
it. Such rally could be purely
an interim movement.-OTIS &
co.
Many Called Cheap
The market promises to show
further unsettled conditions, but
many stocks are cheap enough to
buy and hold for the long pull
and we recommend conservative
TOBEY & KIRK.
Believe this reaction affords
the most favorable buying oppor-
tunities. Stocks should be bought
to be held over the next few
months in order to profit by ap-
plication which we foresee as
coincidental with the normal
seasonal pickup in business
HORNBLOWER g. WEEKS.
Doubt whether the reaction
will be of any great proportions
and therefore suggest buying of
good stocks on any further
weakness.-JOEIN MELADY & CO.
While some further decline
may be looked for it is not likely
to go far and the advance should
be resumed soon.-M. j. MEEHAN
& CO.
Long Pull Advice
Those who are in a trading
position should reduce lines on
any sort of a rally today. On the
other hand those who buy for
broader swings should add to
holdings about half way between
the bottoms of two weeks ago
and the tops of the rally last
week.-BAAR, COHEN & CO.
The immediate trend is ques-
tionable, but we believe that if
the selling continues through to-
morrow, buying levels should be
reached for a rally. Are still in
q trading market and profits
should be taken.-JOHN MUIR
& co.
Continue in a bullish frame of
mind as far as the market is
concerned. If the weakness ex-
hibited at the close last night is
carried into the opening today
we would be tempted to buy
stocks for a rally after the
initial selling has been absorbed.
--CUSICK. KENT & CO.
In our opinion, the recent rally
was largely at the expense of an
over-extended short interest and
as yet can only be considered as
q rally in a bear market
EMANUEL & CO.
Any extension of the downward
movement today will uncover
good buying, while the grade of
selling will suffer in comparison.
Would utilize further reactionary
tendencies to pick up sound
stocks for trading turns. BEN
JAMIN BLOCK & CO.
The Washington times., 1930-07-23
Produce Markets

Green Corn-Trucked in stock sup
plying the market.
Lima beans-Supplies light; demand
light; market steady. North Carolina.
bushel hampers, $2.OO02,25.
Peas-SupplieA light; demand mod
crate. market steady. Washington As
lb. crates, $3.50. New York, busheI
baskets, $1.4OM1SO
The Washington times., 1930-07-23

mand fair Fowls weak: troilers
steady. Nearby express receipts, per
pound: Fowls-Leghorn 10000; col
ored, 23@25c BroIlers-Rocks, ESQ
s5c: reds, 2O@2Sc; leghorn, 12035c
Pigeons. per pair, Csc; squads. per
pair, csc; jumbo squads, per pair, 400
The Washington times., 1930-07-23
TRANSFORMERS CORP. BUSY

June production Of radio sets
by Transformer Corporation Of
America totaled $500, making
total number Of sets produced as
Of June 30, over 1000. Ross sira-
gusa, president. announced today.
The Washington times., 1930-07-23
MADE OFFICE MANAGER

Hemphill, Noyes g. Co.. an
nounced that Irving Sumengrade
has been appointed manager of
the stock department of their
Cleveland office.
The Washington times., 1930-07-23

Ex dividend Ex rightS : Plus 81 in sPay.
u scrip Plus Q Paid
rata . Payable o stock Payable when Pay.
able 10 cash Plus l62 g s& 10
stock Plus az in stock Plus 81 In stoek Plas
~ stock Plus 8 3-S% stock Plus ST. In stock.
Subject SOckholdsra Plus sxtraA sUnis
han aha
Richmond planet. [volume] (Richmond, Va.) 1883-1938, 1930-05-03

pear regularly on the platform with
Miss Burroughs. as he has appeared
once at Ford Hall, the program would
contain balance that it would
lack if Mr.. Pickens appeared with
her. For, although profound
thinker and man OF scholarship,
one whose formal education rests
on substantial foundation. Mr.
Pickens is interesting to M
principally as a Negro who will go
a long way to make his Caucasian
audience guffaw. His ludicrosities
differ from Miss Burroughs in that
his invariably cover philosophical
seriousness Yet the average white
audience would probably overlook
this distinction between two speak
ers whom it would think OF as
typical darkies," if Mr.. Pickens and
Miss Burroughs should chance to
travel TOGETHER on a lecture tour.
Secondarily. Mr.. Pickens interests
me as a writer-in excellent English,
who he a radical point of view
regarding many things. There are
so few Negroes whose minds ever
stray from the narrow groove OF con-
ventional and predetermined thought,
that when we discover a mini that
does stray away independently we
regard it with curiosity. If not with
amazement. Pickens's is such mind.
1t is his diversity of talents,-his
penchant for buffoonery, his splendid
scholarship, the originality and
stamina of his thought,-which make
him one of the most interesting per-
sonalities in America.
w
I thought that Julian David
Rainey, LIB, would be total eclipse
for the next four years, he having
just entered Boston's legal depart
ment for the duration of Mayor
James Michael Curley's term of Of
flee. But I have changed my mind
about it. A less clever politician
would undoubtedly be obscured be-
hind a mass of municipal law
mihutia, but Rainey had not been in
Office two weeks before he was lay
ing a massive wreath at the foot OF
Lincoln's statue. in the face of half
dozen greedy newspaper cameras. 1t
may be forgotten that he was the
man who headed the Negro Demo-
Gratis of the country in the latest
Richmond planet. [volume] (Richmond, Va.) 1883-1938, 1930-05-03
Good Luck?
No; just a
Good Artist
So this Colored Girl Breaks in
to Difficult and Exclusive
Field of Commercial Art
By JOHN w. DOUGLAS

Some of us lose valuable
time before we are able final
" to decide what we want to
do. Not so with Gladys Black.
She had hardly cut her first
teeth before her parents dis
covered that their daughter
intended to be an artist. All
little Miss Black required was
a pencil and something on
which to draw. Her mothers
nice clean walls often served
when there wasn't any paper
handy.
AS she grew older she continued to
draw. When other children were
playing "nide and go seek" Gladys
was industriously covering the side
walk with chalk figures. When other
children were puzzling over the three
RS" Gladys We drawing pictures
in her copy book.
There was nothing else for her
parents to do but send Gladys TO art
school as soon as her high school
course was completed. Here she
spent three happy years drawing
painting, creating beautiful designs
and having the pleasure OF seei--g
her work displayed in the schools
year book. In 1927 she graduated
the only colored girl in her class.
The important thing now was
where to find a job as commercial
artist. The field of commercial art Is
not an easy one. 1t is somewhat
overcrowded, and only the most cap
able are able to gain a foothold.
Gladys wanted to specialize in de-
signs. to make those pretty shaWS
and dainty covers that delight the
hearts Of women.
Looking through the want ads, she
saw that a large firm in New YORK
wanted q girl to do Aurora WORK
This type of work includes the de
signing of banners for churches, sun
day Schools, lodges and similar or
carnations. Miss Black went 70
New York and applied for the posi-
ton. She took with her as a sample
a wall hanging that one OF her art
teachers had offered to buy. Inc
manager looked at Miss Black, ruopeo
his chin thoughtfully, examined the
sample critically. looked at MISS
Black again, considered for min
ute and forthwith employed her.
Evidently the excellence OF her work
oyerbalanced any objection he might
have had to her color.
Some may consider this a stroke
of good luck and, in truth, good luck
seemed 10 follow this young lady. She
Richmond planet. [volume] (Richmond, Va.) 1883-1938, 1930-05-03
EUGENE GORDON
member of the editorial staff Of the
Boston Post
Continued from Last Week

Continued from Last week
Then there is another johnson who
is equally interesting. Three times
have 1 heard Mordecai Wyatt john
son, 3D., STD, DID,, speak from the
platform, and I liked him less each
time. do not care ever to hea him
again. Well, that is not quite true.
I think that if I were given assurance
beforehand that he would not try to
convince his white audience that,
after all, he was member in good
standing of the traditional Negro
school of oratory-well, I might go.
But I do not like monkeyshines in
public speakers, unless the act is sup
posed to be in their repertory.
Of course, it is all matter taste.
My taste chances to run in the OPP
posite direction. MIR. Johnson is an
important parsonage in Aframerica,
and like Mamie Helen Burroughs,
he is influential. A man in posi-
ton like his would be interesting
Richmond planet. [volume] (Richmond, Va.) 1883-1938, 1930-05-03

even if he did not say How'd" for
Howard, "cha'chter" for character,
"ve'y" for very. and "Jipan" for
Japan. These little characteristics oil
speech bu tendear the man to the
people whom he leads. And he does
lead them most effectively, whether
it be in singing Of spiritual with
the refrain GLORY halleluJah" or as
the hard working head OF an instl-
tuition still spoken of at times as
1.-THE capstone of of Negro education"
DR.. johnson is interesting, too, as
typifying the Negro college president;
as rather noisy and blustery pull
pit orator of less than profound
scholarship; as a man who would be
idealized as Baptist pastor OF a Sc
date country church. He is an earnest
man. Just a little pompouS and SELL
conscious in the destiny blunder-
ing fate thrust upon him; but, for
tunately for the boys and girls who
look to him for leadership, he is
fully aware of his responsibility, even
if aware also of his inability to full
fill it. Very interesting. Very, very
interesting!
/ do not agree with the Bostonian
who said that Mamie Helen Bur
roughs and William Pickens, AM,
LTD, would make hell of a fine
vaudeville team. I should prefer to
Sc Miss Burroughs paired with Pro
fesor Alan Leroy Locke, AM, PhD,
in such a venture. if there had to be
such team. I doubt seriously,
however, that DR.. Locke contemplates
going into vaudeville. Certainly. he
has not indicated such an intention
in any of the public speeches I have
heard him make. But if he should APP
Richmond planet. [volume] (Richmond, Va.) 1883-1938, 1930-05-03

ton always on hand. But don't
keep it just for emergencies; let
it be an everyday aid. Its gentle
influence will ease and soothe the
infant who cannot sleep. Its mild
regulation will help an older child
whose tongue is coated because of
sluggish bowels. All druggists
have Castoria; the genuine bears
Chas. H. Fletcher's signature on
the wrapper.