davidaulloa/AmericanStories huggingface dataset:
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1930-01-31
No,icc o creditors

NOTICE; is S ssieG' q Columbia has OBJ b.
; ssfssI G1 from M Stphsas l. Sssaf H
M MOI, a% the personal estate %
tarS 0" FL ELIZABETH R. MASON ,..d All
&C.; =: Is; T.: 81;
;sSs 1884, s. sn ssy III s s:ss
fsasss' saas sG make %s hand this s'd day Of
October, 1929. On, AW. M. MASON,
WAKDLA" Executor,
.I tsos Conn. Ave. wash =
nov Let ---- "a
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1930-01-31
A hUMDINGER. b.
CIGAR FOR &c
Greatest Five-cent Cigar That
Ever Came Your Way!

Have fve-cent cigars been leav-
ing . bad taste in your mouth and
q poor impression on your mind?
Are you willing to start all over
again-just once? Shove a nickel
across the nearest cigar counter
with this password: Havana Rib
bon. Back will come the proof that
ave cents does buy not only a good
cigar, but the finest cigar that small
sum ever bought. And why not?
In our determination to put "a good
hve-cent cigar" back ON the map,
we use nothing but long-filler, fully
ripe tobacco. No short ends to come
out in your mouth. No bitter, under
ripe nor flat-tasting ouer-ripe
leaves. But the true-tasting, mel
low-mild, flavorful middle leaves of
choice tobacco plants. How do we
DO 1T Volume production. Try one
Havana Ribbon and you'll tie to it
rsgularly.e Also Practical. Pocket
Packages Of Ave cigars,
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1930-01-31
Notice to Creditors

NOTICE is hereby given that the sub.
scriber of Montgomery county has obtained
from the Orphans Court Of Montgomery
county. Md, letters of administration d.
b. n, c. {. a. on the personal estate of
NICHOLAS d. OFFUTT, SR.,
late Of Montgomery county, deceased,
All persons having claims against the said
deceased are hereby warned to exhibit the
same, with the vouchers thereof, to the
subscriber, on or before the 10Th day of
May, 1880; otherwise they may, by law
be excluded from all benefit OF said estate
All persons indebted to said estate are
requested to make immeri1te payment
Given under my hand this 18th dnv NJ
November. 1929
ALBERT M. BoUIC.
Administrator d B. NJ, C. IA.
nov 22-6t
.--.--
TOR SALE,
Barred Rock Cockerels from
Parks pedigreed bred 60 lay" strain
good healthy stock-S3.50 to SIS each.
Matching eggsIin season.
MRS. EBERT T. CLAGETT.
......-...- Route 2.
sep 27-2m Registered permit, 2s D.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1930-01-31
Notice to Creditors

NOTICE is hereby given that the sinh.
scribenof Montgomery county has obtained
from the Orphans Court of MONTGOMERY
county, Nd. letters testamentary on The
personal estate OF
JAMES W. MCFARLAND.
late of Montgomery county, deceased. An
persons having claims against the said de-
ceased are hereby warned to exhibit
the same. with the vouchers thereof. to
the subscriber on or before the 22nd day
OF May. 1880; they may otherwise, by
law, be excluded from all benefit of said
estate. All persons indebted 10 said estate
arerequested to make immediate payment,
Given under my hand this 14th day of
November. 1929.
MARGARET v. MCFARLAND,
Executrix,
nov zz-ot Rockville. Md.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1930-01-31

DOOMs FOR RENT.
MISS HATTIE WILLIAMS.
Rockville Nd.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-09-18
snc 1 nn-7 STARTING sucnd Ann--
Sept IS Friday, Sept. 10Th, "a. M. Thursday, Sept IS

Never before have you had the opportunity to buy NEW
FALL Merchandise in September at such drastic price Reduc-
tions. Wise shoppers will come to our Valley stores from miles
around and take advantage of these remarkable values. No old
timers No undesnables No manufacturers mistakes, but
new, clean, well assorted stocks. at dramatic savings. We've cut
our prices Drastically, but the quality remains where it has al
ways been :. ION top"
All Of our Valley stores will remain closed Thursday in
order to arrange stocks for this great selling event. BE HERE
EARLY FRIDAY MORNING 49,. YOU'LL GAIN $50.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1930-10-01
Candidate For
County Attorney
Redwood County
General Election, Nov. A, 1890

General Election, Nov. A, 1890
Was born on farm in Brown
County. Attended rural school and
public school at Sleepy Eye and grad
uated from State University of Min
nesota. Have practiced law continu-
ously at Morgan since 1908. Am a
land owner and heavy tax payer in
Redwood County. Have never asked
the voters for an office before and
will appreciate your support at this
election.
PAID POLITICAL ADVERTISE
MENT-Prepared and ordered in
serted by w. R. Werring, Morgan,
Minnesota, for which political adver-
Using rates will be paid.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1930-10-01
Delhi

Elmer Helgeson was Sunday
visitor at Marshall.
j. A. Lagerstrom and life left Sat-
urday by motor to spend week visit
ing their children and other rela-
tives at Minneapolis and Howard
Lake.
Mr.. and Mrs. j. H. Damman and
Sons of Sanborn were recent visitors
at the home of Mrs. Damman's sis
ter, Mrs. Fred Kuck.
B. F. Eskelbarger and wife and
Mr.. and Mrs. John S. Page of Osakis
spent part Of last week here visiting
Mr.. and Mrs. C. F. Eckelbarger and
attending the Redwood county fair.
Harry Gulbranson, superintendent
of the Delhi schools spent the week
end at his home at New Ulm.
Mr.. and Mrs. C.A.Marsh and chill
dren visited over the weekend with
Mr.. and Mrs. G. A. Paulsrud at How
ard Lake.
William Steele of Minneapolis is a
guest at the home of his niece, Mrs.
H. C. Engeman.
Mr.. and Mrs. Oscar Borg of Min
neapolis spent several days here last
week visiting relatives and attending
the county fair.
Mrs. Howard Rolfe of Portland,
Oregon spent last week at the home
of her brother-in-law and sister, Mr..
and Mrs. Fred Kuck.
Of I've
Fred Starr, broke one of his arms
last week Tuesday while playing foot
ball.
Dan McCorquodale Of Echo visited
his brother, D. R. McCorquodale, here
last week and was in attendance at
the Redwood county fair.
Mrs. Clifford thinner of Renville
county was calling on relatives and
shopping in Delhi Wednesday.
Herb Johanneck of Redwood Falls,
lineman for the Redwood County Ru-
raj Telephone company, was Delhi
visitor Thursday.
Misses Evelyn Hoffman and Ruby
Sanberg who attend the State Teach
er's College at Mankato spent the
weekend with home folks.
Mrs. Henrietta Bramsche and son
George and Mr.. and Mrs. George
Chroup and son Leon were Sunday
visitors with Mrs. Bramsche's daugh-
ter, Mrs. Louise Gates, at Montevi-
dec.
Mr.. and Mrs. Roy Castle and chill
dren of North Redwood were Sunday
guests of Mr.. and Mrs. c. F. Eckel-
barger.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-01-18
STOCKS BOOK VALUES
CALLED UNIMPORTANT
Estimate in Many Cases Declared
Grossly Inaccurate by New
York Economist.
Special Dispatch to The star.

NEW YORK, January 18-Contrart
to large measure of popular opinion,
book value should not be relied upon in
buying or holding of speculative stocks,
according to Gage p. Wright, New York
economist who says that times such as
the present in the stock market are
likely to prove prolific of costly errors
If this ''yardstick" is used in determin-
ing the probable market value of COM
| mon stocks.
ut is evident that an estimate Of the
book value of the great majority of
common stocks is grossly inaccurate"
says Mr.. Wright, who adds, exceptions
lie in stocks of those companies carry
ing in their balance sheets only such
items as cash and marketable securities.
Even in such cases, considerable error
may be introduced because of changes
in the concerns condition subsequent
to the compilation of the balance sheet.
Balance sheets represent the condition
at some fixed date in the past and no
concern Is static.
Assuming that the book value of
shares accurately could be established
as of the present date, it has little value
as a basis for determining the market
value of securities except in the event
of liquidating the conpany's affairs. 1t
is seldom that company closes out its
business and sells its assets unless the
downward trend of earning power is so
pronounced as to make it practically
impossible to continue. Liquidations in
volve forced sales, and seldom does the
value of all asset approximate its book
value. The book value, therefore, would
mean little.
IAN illustration of widely divergent
relationship between book value, earn
ings, and market value is found in the
case of Trico Products Corporation.
The book value September 30, 1929, was
$3.50 a share, while earnings for the
first nine months of 1929 were S5.37 a
share, with present market value around
s34. The opposite contrast is shown in
American Wooden Co., the common
shares of which showed q book value of
$1O3.85 a share June 80, 1929. Nothing
has been earned on the common stock
for several years, and at present the
selling price is about $ll share"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-01-18
Corporation News

NEW YORK, January 18-The fol-
lowing is today's summary of important
corporation news, prepared by Standard
Statistics Co. Inc, New York, for the
Associated Press.
News Trend.
Week end trade reviews note further
evidence of business revival. Steel
production has been stepped up, auto
mobile manufacture is more active, and
an increased number of buyers have
entered the drygoods market. Dis
tribution OF merchandise though
naturally below the recent high levels,
remains heavy in the aggregate, while
purchasing for stock replenishment has
been on the incline since completion of
annual inventories.
Bank clearings for the week continued
lower, total at % leading cities of the
country being $l0.745, 449 900, decline
of 22s3 per cent from year ago. New
York City clearings of $7,l78,000 900
showed a loss of 1858 per cent, while
principal cities outside of New York
were 1877 per cent smaller than last
year. Philadelphia, Omaha and Rich
mond showed slight gains for the week.
The Companies.
De Haviland Aircraft earns SO cents
in fiscal year to September 80, 1929 VS..
"a cents in previous fiscal year.
Fidelity-Phenix Fire Insurance earn
ed $7.78 in year 1929 VS.. $9.87 In 1928.
General Motors acquires over 1000
900 shares of common stock at cost OF
about $35 1000 600 to be sold to Sec
ond managers securities concern to be
formed TO take place of present COM
pany.
Lago Oil g. Transport December, 1929,
production, G,266,925 barrels VS.. 81
745, 430 in L ecember, 1928; year, 1929,
produced 32,117,931 barrels VS.. 26,800,-
1877 barrels in 1928.
Louisville Gas e. Electric 1929 net
after ordinary taxes, but before depre-
citation, up IA per cent from 1928.
Iilstocks, Ltd, shows net income of
1854, 555 in year 1929 Loss on securi-
ties held totaled $657,975 on December
81, 1929.
Paramount Famous Lasky earned
1894 on average outstanding shares in
year 1929, against S422 in 1923.
Peoples Gas, Light e. Coke earned
$11.98 in year 1929, against $11.36 in
1923.
Philadelphia Co. 1929 net after or
binary taxes. but before depreciation,
up 1913 per cent from 1928.
Pittston Co, recently formed to take
over anthracite properties of Erie Rail-
road, has purchased control OF U. S.
Distributing Co.
r. C. A. Victor announces products
will be distributed through General
Electric Co. and Westinghouse Electric
e. Manufacturing Co. in addition to
regular distributing channels of Radio
Corporation and Victor Talking Ma
chine Co.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-01-18
DECREASE IN INDUSTRY SHOWN
BY ELECTRICAL POWER SALE

IL per cent, and metal working plants,
l per cent.
For the sixth consecutive month, the
automobile industry, including the pro-
duction of parts and accessories, wit
messed a lower rate of activity in De-
cember, as compared with the preced-
ing month. reaching level. which was
SO per cent under December, 1928.
December industrial activity increased
during December in only one section
of the country, the Southern States
Other areas reported the following per-
centage of decrease:
North Central States, 1913 per cent;
New England, ga per cent: Western
States, per cent, and the Middle
Atlantic States, per cent.
Comparing December manufacturing
operations with the same month In 1928,
eight groups reported drop and sour
showed an increase.
Manufacturing Activity.
The rate of manufacturing activity in
December, compared with December.
1923, all figures adjusted to 26 working
days and based on consumption Of cleo
trical energy as reported to Electrical
World. Monthly average (1923-25 equals
1000 follows:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-01-18
CURB ISSUES RALLY
IN FINAL DEALINGS
Utilities Power & Light Is
Feature of Upturn as
Session Ends.
BY JOHN A. CRONE.

Special Dispatch to The Star.
NEW YORK, January 18.-Reversine
its downward trend just few minutes
before the close. the curb market under
leadership Of utilities finished higher
Utilities Power g. Light B, jumping
more than Z points within three sales,
was feature of the rally.
Chesborough Manufacturing fell 5
points Employers Reinsurance was up
nearly a point Transamerica sold off
American Cyanamid B showed signs of
rallying, but Cities Service continued to
feel selling pressure.
Application for receivership of Fox
Film was Immediately reflected in Fox
Theaters A, which broke sharply Rails
were more active than usual, with Ala
balna Great Southern, Pittsburgh e.
Lake Erie, Pennroad Corporation and
Erie Rights appearing early on the tape.
Oils were shirled at the opening as
result of the Oklahoma operators
decision to curtail production rs per
cent if recent crude oil cuts by larger
buyers and refiners are revoked, but
later backed and filled.
The Senate defeat of the sugar
bounty to American refiners was shown
at once in National Sugar Refining,
which opened at 90, down a point.
Driver Harris was up more than a point.
Newmont Mining proved the weakest
spot In mines In the first hour, as 1t
fell more than 8 points
Tubize Silk, which announced the
addition. of new line. appeared I'M
changed, while Celanese, which has
been accumulated the last week by
British interests, was fractionally lower.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-01-18
CHICAGO LIVE STOCK MARKET

CHICAGO, January Is (R.-United
States Department of Agricultural -
Cattle-Receipts, 800 head; fed steers
and yearlings, SOC to 90 lower; weignty
steers and lower grade lightweight
yearlings showing most down turn: fat
she stock showing similar decline; beef
cows with weight and heavy heifers of
most: common COWS and cutters closed
Csc lower: much more active all week
than better grades; bulls largely steady
and vealers soc to 100 higher; stockels
and feeders unevenly steady to 25c up;
extreme top fed yearlings and light
steers, 1900: heavies, 1880; lower
grades predominating; receipts excess
i've; Mondays run was the largest
since October; bulk steers and yearlings
closed at l1.25 to $780, stockers and
feeders, 9.75 to 1915.
Sheep-Receipts, 5000 head: market
nominal: directs, 1000; for the week
119 doubles from feeding stations, 10 500
direct; increased receipts locally and
a retarded dressed lamb trade forced
price drop. Compared one week ago,
fat lambs, rs to 100 lower: slaughter
ewes around 100 off, undergrades, so
lower; top for the week, fat lambs,
14.25; yearlings, 1925; fat ewes, IT'S;
bulk prices, fat lambs. 1880 to 1875;
yearlings, 11.50 to 1900; fat ewes, $50
to TOO; feeding lambs, strong, 60-70
pounds, 1880 to 1900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-01-18
BY the Associated Press.

BY the Associated Press.
NEW YORK, January 18.-Consump-
ton. of electrical energy by more than
$500 manufacturing plants indicate a
So per cent drop in December indus
trial activity in the United States. as
compared with November, and decline
of 8.6 per cent from December, 1928,
Electrical World reports. The year 1929,
however, stands out as one OF record
operations, with an average rate OF
productive activity during the year eX-
ceeding that of 1923 by 6.6 per cent.
Nine of the Nations primary manu-
featuring groups recorded higher
average rate of operations in 1929, as
compared with the previous year, and
only three groups reported average 1929
operations under those of 1928. Only
four industrial groups, however-chemi-
cal products, paper and pulp, shipbuild-
ing stone, clay and glass-closed
the year on a higher plane of activity
than prevailed at the close OF 1923.
Groups Reporting Gain.
Chemical products and shipbuilding
were the only two manufacturing groups
reporting December operations above
November, and only one-stone, clay
and glass-reported the same rate of
activity for both months. The largest
December decline as compared with
November, ITO per cent, was shown in
the lumber products division. Food
products came next with 1872 per
cent drop; automobiles, including the
manufacture of parts and accessories,
1912 per cent; leather products, 8.6 per
cent; textiles, 40 per cent; rubber prod
ucts. Al per cent; rolling mills and steel
plants, 81 per cent; paper and pulp,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-01-18
REVIVAL IN TRADE
SEEN BY EXPERTS
Weekly Business Reviews
Say Weather Has Affected
Seasonal Trend.
special Dispatch to The Star.

Special Dispatch to The star.
NEW YORK, January 18.-Althougt
business shows few distinctive depar'
lures from the generally quiet condi'
tons that ruled when the year opened
evidences Of business revival, although
by no means general, are becoming
more numerous. according to the
weekly business reviews. Reasons fol
this may be found In retail trade ir
the wide variety of weather condition;
throughout the country, even allow
ing for its being a Midwinter period
while in the wholesale and jobbine
trades and in industry the tendency
has been to move forward cautiously
pending a clearer view of the outlook
for the remainder of the Winter and
the earlier Spring months.
Bradstreets says in part:
Heavy SHOWS from the Mississippi
River to the Pacific Coast, with equal
ly heavy rains and their concomitants
Of swollen streams and broken rivel
levees in some central valleys, and un-
SeaSonably warm weather, with rains
and fogs east of the Alleghanies early
tended to retard retail buying, not
withstanding a general disposition tc
feature reduction sales designed tC
clear up unsold stocks of Winter goods
Among particular points worth noting
might be mentioned the heaviest shows
in years from Washington to Contra
California, with cold rains farther
South.
I'm purely industrial zones a further
stepping up Of steel mill capacity tC
RI ,fef
a year ago, better demand for pig
iron and further liberal buying of rails
contrast with a considerable amount
of ease In finished lines of steel, par
ticularly plates, shapes, sheets, strips
nails and barb wire. Soft coal has
been in liberal supply, as a result OF
active production, with some complaint
resulting as to prices"
r. G.. Dun & Co.'S weekly review of
business says, in part:
The present process Of recuperation
from the effects of the late financial
unsettlement is chiefly visible now in
the quarter where it had been conf
IDENTIFY looked for, and the further rise
of steel production is especially encour-
aging when such trend is helpful to
sentiment. The distinct turn for the
better in that field reflects a similar
change in some allied industries, in
GLIDING automobile manufacture, and
the increased number of buyers in dry
goods centers is viewed as another hope
tul sign.
Distribution of merchandise not I'M
naturally has receded from the best
previous records, yet remains heavy in
the aggregate, and purchasing for re-
punishment has been more of factor
since annual inventories were completed.
Various statistical measurements of
trade disclose the contraction of activi-
ties in recent months, yet these indices
reveal past conditions, and there is
promise of improvement to follow.
THE balancing of outputs with &C
tual consumption is being accomplished
without disorder, but profit margins on
many individual transactions are affect
ed by the downward course of COM
modify prices"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-01-18
BY CHARLES r. sPEARE.

Special Dispatch to The Star. .
NEW YORK, January ia slow
period of recovery in the building in
dustry, with possibly a further recess
sion in it, before the benefits of easy
money and of national construction
programs appear, is suggested in a sur
Vey Of the trade just published.
This indicates that the slump in
building permits went even further
in December than in November, It
amounted to 80 per cent, compared with
the final month of 1923 and was 10
per cent below November 1929. 1t
was greatest in the large cities of the
country, but nowhere so large as in
New York, where there was a so
per cent shrinkage In permits, COM
pared with the same month the year
previous.
Other cities in which the December
total fell much below that OF The figure
of the previous December were Chi
cago, Detroit, Los Angeles, Washington,
D. c.; Boston, Cleveland, Cincinnati,
Newark N. j.; Houston, Tex: st.
Louis, Buffalo, Minneapolis and Hart
ford, Conn.
Some Gains Shown.
On the other hand, Milwaukee, Bal
timore, Pittsburgh, San Francisco, Sc
attic, Oklahoma City, Akron, Ohio, and
San Antonio, Tex, issued a larger
volume Of building permits last month
than the year previous.
Twenty-Five cities in 1929 showed
permits amounting to $200,000,0 900 less
than in 1928, reduction Of about IL
per cent and of $226, 100000 below 1927
Not all sections of the country ex.
perienced the reaction that took place
in the metropolitan centers. There
were sharp contrasts to this in some
smaller States. In Alabama, Colorado
Connecticut, Iowa, Kansas, Montana
Nevada, Oklahoma, South Carolina
South Dakota, Utah and in Wisconsin
the 1929 total exceeded by fair per.
centage that of 1928. This was gen
! orally due to the expansion in one o.
two cities in the State. In Connection
there were big gains over the previou