davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1930-07-07
SEE PESS|M|SM
REVIVAL SIGN

NEW YORK, July 7.-One Of
the encouraging signs pointing
to the beginning Of a business
revival is the extreme peSsimisfn
that pervadeS the business world
at the present time, according to
the Alexander Hamilton Institute.
In the past. business sentiment
has always been excessively pes
simiStic prior to an upturn in
business just as overoptimiSn has
always preceded a slump. 1T
will be recalled that business men
were as optimistic last summer
as this summer they are pessi-
mistic.
Business indicators which have
come to hand during the past
week have not been unanimously
favorable. Greeks caShed outside
New York city for the week
ended. June IS amounted to S.
8l0, ,000,0 as compared with S.
708, ,00O,0 a year ago. an In
crease Of 1.8 per cent. Since the
beginning of June checks cashed
have shown a steady improve.
ment as compared with a year
ago. The changes from last year
for each Of the past four weeks
were as follows: -r-18.4 per cent,
-1O.2 per cent, -5.4 per cent,
+1.8 per cent
Another encouraging feature
has been the increase in COM
mercial loans for two successive
weeks. Commercial loans by re-
porting member banks on June
25 amounted to $8,572 900 900 as
compared with $9,139, ,00O,0 a
year ago, a decrease of 6.2 per
cent. This compares with a de-
crease from last year Of 80 per
cent on June IL.
The Washington times., 1930-07-07
BY B. C. FORBES

Today the American public
have opportunity to become
part-owners of the greatest pub
fishing business in the world.
Hearst Consolidated Publica-
tionS, Inc, owning Is highly
profitable Hearst properties, is
offering 7 per cent cumulative
preferred stock which, in addi-
tion to the Z per cent return,
will share equally with the COM
mon stock up to an additional
3 per cent after SITS is paid on
the common.
Pays Up to 10 Per Cent
Thus the investor may receive
as much as 10 per cent on his
money-if he SubScribeS for the
issue now. before 1t is traded in
on the market at higher than
the offering price Of $25 per
share.
The earnings on this issue
have averaged during the last
four years 3.14 times the an
nual z per cent dividend re-
quirementS.
Not only so, but the profits
have increased each year, riS-
ing from $10,0O9, ,S06 in 1925 to
$12.854,627 last year. when the
dividend requirements were
earned 3.67 times.
Will List Stock
Application will be made to
list the stock on the New York
Curb the Chicago Stock EX-
change, and the San Francisco
Stock Exchange.
OF the total issue Of 100000
shares now being offered, 400.-
600 shares have been reserved
for officers and employees, an
objective Mr.. Hearst long has
had in mind. Many leading
corporations have found en-
ploye-Stock ownership advan-
tageouS to all concerned, in
cluding outside stockholders.
General Motors, the PennSyl-
vania railroad, American Tele-
phone and Telegraph, United
States Steel Corporation, Gen.
eral Electric, New York Cen
tral, Standard Oil of California
land other Standard Oil COM
panieS), International HarveS-
ter, American Tobacco, West
ern Union, Proctor and Gamble,
Swift and Company, Eastman
Kodak are among notably sue
ceSsful companies that have
interested their employees In
building up the business by
having them become financially
interested.
Such results as those already
outlined having been attained
during the years the Hearst
employees did not enjoy the
privilege Of stock ownership.
surely it is reasonable to fig.
ure that even better results
viii be brought about now that
a new incentive has been fur.
niShed.
Takes Priority
It is worth noting that Mr..
Hearst personally win not draw
The Washington times., 1930-07-07
Hearst Consolidated Stock Issue
Available to Public Today

Of the National City Company
throughout the country, the
Bank of Italy, the Croker First
National Bank of San Fran
CISCO. the Anglo and London
Paris Bank of San Fran
cisco, the Continental Illinois
Bank and Trust Company Of
chicago. and the Bank i
America. of California, as well
as the cashiers office Of any
Hearst newspaper or corpo-
ration in the United States.
The Washington times., 1930-07-07
Knit Wool Labels
Must Tell Content

Wool" labels on knit under
wear hereafter must tell how
much wool the garments contain.
A rule Of business practice
adopted by the knit underwear in
dustry and approved by the Fed
eral Trade Commission, which
made it public yesterday. prohib.
its use of the term unless the
percentage by weight of WOOL is
stated. 1t will be made effective
January /.
The Washington times., 1930-07-07
CHICAGO LIVESTOCK

CHICAGO. July z QN.s,).-Hogs:
Receipts $4,000: market, 10c higher.
Top. @s.eo; bulk, &s.s5@s.76; heavy
sssS6SG m:Sst isht w.9St TsS'OR ssssSsssS CSsR
light lights. Ss.S50s.76; packing sOws.
e7.Ss0S.e6; pigs, SS.6o@s.3S; hOldovers.
Cattle-Receipts $500: market. 9S%
SOC lower. Calves: Receipts, 1000;
market, steady. Beef steers: Good and
choice. Sll.@12.50; common and med
iun. $7Olo.S0; yearlings, Sf@1s.
Butcher cattle: Heifers, $3.50 Q10.5o;
cows, $47S@7; bulls, $6,s0@9.50;
calves. $9@11: feeder steers, Ss.6o@I0;
stocker steers, 3S@A5O: stocker cows
and heifers, S4S0@6.
Sheep - Recsirts. 10000; market.
steady. Medium ana choice lambs,
S10011; culls and common, SOS;
ewes. 32@3.SO; feeder lambs, $500
S.0Os
The Washington times., 1930-07-07

a cent in dividends on the COM
mon stock he owns until 2 per
cent has been paid on the new
preferred.
Since this new investment
combines with its z per cent
regular payment the possibility
of an extra 8 per cent, it con.
stitutes 8 safe investment plus
a valuable speculative attrac
ton.
Requests for the shares may
be made at any Of the offices
The Washington times., 1930-07-07
OIL STOCKS

FURNISHED by w. b. Hibbs 4 Coz
I TTd 1rI-
The Washington times., 1930-07-07
HEARST LETS PUBLIC INVEST I'M HIS GREAT CHAIN OF
PUBLISHER FOLLOWS NEW
TREND--N|LL FORD Do SAME?

I was tentatively asked wheth-
er as an enploye I would be
interested in subscribing, I re-
piled that I would take the
maximum amount offered to
me. The employe ownership
phase Is especially attractive
for 1t weds to the organization
valued men and women, who
otherwise might feel freer to
drift with the tides.
A widespread feeling on the
part Of ambitious persons that
they are working for them
selves and sharing in the prof
its adds to the dignity Of pro
fessional labor, and Is Of i'm
menSe value to the organiZat
ton not only in elevating mo-
rale, but also in reducing the
wastes Of excessive labor turn
over.
viii Ford Follow?
Mr.. Hearst's move today con-
StituteS q landmark in the his
tory Of public aspects Of finance,
because until now he was one
Of the few who adhered to the
older system Of sole proprietor
ship, whereas. other companies
engaged in public financing.
Henry Ford is another conSpicu-
Gus example Of those who have
stayed apart.
Though q Wall Street bank
ing house some years ago Of
fered to sell a billion dollars Of
securities Of the Ford Motor
Company, stock ownership is
still held exclusively by Henry
and his son, Edsel. viii the
Ford Company be the next to
step in line?
The size Of the new holding
corporation emphasizes the ex.
tent to which publishing has
become big business, with
colossal earnings for the success
full and immense property in
veStments. PubliS hing has
passed far from the pioneer
days when it reflected only the
whimS and idioSyncrasieS Of a
not wholly responsible editor.
Many properties have become
mere bus ness Institutions
overorganized and Over-routi-
niEed.
Mr.. Hearst's rare genius has
been in combining business
acumen with editorial zeal and
a flaming passion for eSpouSing
public causes.
Mr.. Hearst, who has demon
strated these many years his
amazing record as q profit
maker, will retain the voting
stock and continue to act IS
pilot. The "A" preferred stock
is nonvoting, unless the dividend
should be omitted four conSecu-
tive times. The company has
been earning the dividend on
the $50. 200, 900 of preferred more
than three times over in the last
four years.
The new company is a Della
ware corporation, with an autho-
rized capitalization of 500, ,OOO.-
600, divided into 500. .000, 900
"A" or preferred stock. of which
half will be presently issued,
and 1000, 900 shares Of com.
mon stock. no par value( all
of the latter of which will go
to the Star holding corporation,
which is ultimately owned by
Mr.. Hearst.
The other 100000 of pre-
ferred stock will be reserved and
will be issued only for the pur-
pose Of retiring outstanding
bonded Indebtedness at the call
price.
The preferred stock Is cumu.
lative up to z per cent, and non.
cumulative on the additional 8
per cent. The book value of the
properties going into the new
corporation is 500. .00O.0
The Washington times., 1930-07-07
GRAINS LOWER

CHICAGO, July 7 UN.sJ.-Grains
opened lower today. Wheat was off
= Ole: corn, sS @&c, and oats, h@Sc.
whest-July. SAKE: September. s2H
@93c; December, Ss@sSHc.
Corn-July. 75c; September, 7SHc;
December. SIX @67%c
3SNc; Deeember. 39h @8SMc.
The Washington times., 1930-07-07

SEx dividend. TEX rghtA : Plus ~ In stock. sPay-
scrip Plus 81 stock Paid last year-no regular
ratS Payable stock. Payable when earned sPsy-
able cash stock Plus lOss in stock Plus S& In
stock. Plus 90 in stock. IPlus 81 in stock Pl.s
SE In stock Plus Plus 6% IN stock
Subject approval stockhoders Plus extras sUns
than lOo
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-21
REFRIGERATOR GAS
DANGER IS TESTED
Life Imperlled Only in Cases
OF Lengthy Exposure,
Health Heads Find.

Those who HE themselves TO bed
with just little more than suspicious
Of the mechanical refrigerator in the
kitchen. may rest easier for the United
States Public Health Service announces
that the gases used in household re-
frigerators are dangerous only in cases
of lengthy exposure to concentrated
vaporS.
The Public Health Service made this
announcement following a series OF
lengthy experiments with guinea pigs,
in which il was found that for single
exposures and periods of an hour or
more TO the toxicity Of ethylene dichIoA
ride Is comparable to the effects Of
gasoline, benzene. carbon tetrachloride
and chloroform. Warnings of the pres
ence Of gas in rooms from a leakv re-
frigerator is given by the distinct odor
of the refrigerant and danger symptoms
are produced by relatively safe con-
centrationS.
In cases OF death produced by ex-
posture to the gas, the Public Health
Service said lung LESSONS are the great
est cauSative factor Summarizing the
physiological response noted in che
guinea pigs, it showed that no serious
results we're obtained In exposure to
concentrations Of 6 per cent for min
utes, II per cent for 10 minutes. 4
per cent for 80 minutes, OF per cent
for two hours, or IL per cent for eight
hours.
The symptoms produced in guinea
pigs by inhalation of ethylene dichlo-
ride were eye and nose irritations, YER
tigo, static and motor ataxia, retching
movements, semi-conSciousneSs and
Inconsistencies and death when the
exposure was continued
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-21
TWO MONTHS ILLNESS
FATAL TO PASTORS WIFE
Mrs. Mary E. Michael of Bright
wood, Born in West Virginia,
Living Here 8 Years.

Mrs. Mary E. Michael, 80 years old
wife of the Rev. Walter M Michael
pastor of the Brightwood NJ. E. Church
died yesterday at her residence, 1915
Enghth street, after an illness of two
months.
The daughter of Rev. Paul A. and
Ruth M. Edwards. Mrs Michael was
born in Sheperdstown, w. Va She
came to washington in 1927. when DR..
Michael. whom she married in 1912
was appointed pastor of the Brightwood
Methodist Church.
The family Of Mrs Michael had long
been connected with the Episcopal and
Methodist ministry Besides her father
an Episcopal minister, she is survived
by Rev. Richard NJ Edwards, pastor of
the Brookland M. e. Church, and Rev.
John r. Edwards, secretary of the
Foreign Board of the Methodist Church,
brothers of this city. Two other
brothers, DR. Charles Reid Edwards of
Baltimore and Walter Lee Edwards of
New York City, and her mother, Mrs.
Mary j. Edwards of Doubs, Md,
survive.
OF her immediate family here, be-
sides DR.. Michael she is survived by
four children Pierce. Bruce, Mary
Alice and Marion Michael.
Funeral services will be held tomor-
row morning at 10 o'clock at the Bright
wood Park Methodist Episcopal Church,
Eighth and Jefferson streets Interment
will be at Mount Olivet Cemetery
Frederick, Md.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-21
WASHINGTON TRADE
AREA HAS BIG GAIN
Four Nearby Counties and
Alexandria City Show 81
Per Cent Increase.

The four nearby Maryland and Viz
ginia counties, and Alexandria City, Va,
increased Approximately 81 per cent
in population in the decade ending in
1880, while the District of Columbia
was noting a IL per cent increase, 1t is
shown in the latest compilation of the
Census Bureau.
These nearby jurisdictions comprise
with the District what is termed the
Washington metropolitan or trade area
and the total population is estimated to
be 670525 This compares With the
official District population OF 4B5, us
j. Sterling Moran. census supervisor
for the District. said today that the
population increase in Prince Georges
and Montgomery Counties. Md, and
Arlington and Fairfax Counties, Va,
and Alexandria City offered DEFINITE
evidence that what otherwise would
have been a greater increase for the
District had been diverted 10 these
communities.
The five Jurisdictions increased from
134.339, in 1920. to 184,80s, in 1880. or
S0,470: about 81 per cent The increase
in the District was from 43T,57l to
AIS, 716. or about l. per cent,
The population figures for each of
the counties and Alexandria for 1920
and 1880 were given as follows:
Prince Georges, 43,347 to 60,092;
Montgomery, 34,921 to 48,897; Fairfax,
II .943 to 1856; Arlington, 5000 to
IS ,069. Alexandria. which annexed
about 5000 population from Arlington
County recently, 1860 i'll 1920 and
"a l85 in 1890.
Moran said that study of the 1880
census returns disclosed that the area
within a radius of 25 miles of Wash
760,7l6.
This might be regarded as larger
trade area, he said, although the section
takes in Howard and Ann Arundel
Counties, Md. and part of Charles
County, Md, which may be said to have
Baltimore as their trade center,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-21
80 CHAIRS, DRAPED IN BLACK,
GREET LAST MAN ON CLUBS DAY
Survivor of Civil War Veterans Band
Prepares to Drink Final Toast to
Departed Comrades.

banquet, like those each year before,
was on the anniversary Of the first
of Bull Run in which the company
losses were exceeded only by Gettys-
burg. Each year fewer attended the
reunions and at the last meetings only
Lockwood, Peter Hall and Charles Golf
answered roll call
But Hall and Golf died during the
past year and only one of that group
who marched away to answer Lincoln S
call for volunteers in 1861 lived to come
today and so the clubs destiny of dis
solution had been reached.
Today the banquet hall had tone
of deep solemnity in contrast with those
meetings before, when great feats with
many bottles of wine brought the old
campaigners together for day each
year. Always, every member felt con-
fident that he would be last, Lockwood
said. admitting to this feeling himself
But while we looked forward to ii
as an honor. know now that II
shouldn't have been-instead it only
makes me feel badly when / think of
it." the S7-year-old last man said. But
it was q sacred promise and so it is up
to me to carry it out"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-21
MISSING MANS BODY
FOUND IN POTOMAC
Charles e. Penn Believed to Have
Ventured Too Far Out While
rs
Bathing,

The body of Charles e. Penn, 80
years old, of PIT Fifth street SOUTH,
east was recovered by harbor precinct
police yesterday following its discovery
by John L. Stewart. a Waterman at
the steel plant. Penn had been missing
for two days
Henry A. Penn his brother, identi-
fed the body at the District Morgue.
Coroner J. Ramsay hewitt issued a cer-
tificate of accidental drowning.
Members of the family told Dr. hewitt.
that Penn had been seen in bathing
alone and said that he was unable to
swim. r1aa
The search for Penn started Sstur-'
day, when boys playing on the banks
of the Potomac near the steel plant
found the mans clothing.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-21
AIR DERBY PILOTS
ON 5,52O-M|LE RACE
Lee GehIbaCh First to Land
in First Lap From Detroit
to Buffalo.
Nv the Associated Press

Nv the Associated Fress.
BUFFALO, N. Y, July 2l.-Lee Ge1l-
bach of Detroit. flying a low-wing
Commandsire. led the 10 entries of the
an-American flying derby into Buffalo
today, landing at the municipal airport
at S:I3 am. eastern standard time)
with a relapsed time from Detroit Of
/ hour and minutes.
The official ship of the derby was
caught in sudden gust of wind and
n~ I'd over in front of the Administra-
ton Building as it landed at 7:05 am,
eastern standard time). The propeller
was broken and the ship was badly
strained, but Luke Christopher, secre-
tary of the National Aeronautical Asso-
citation, and Charles Mclean, official
timer of the race, escaped with severe
shaking up.
Robert T. Quinby of Moline, H.,
flying a Mono special, was the second
to land, with an elapsed time of |
hour and minutes. Two minutes
later Herman Hamer of Chicago in a
Laird biplene dropped to the field.
Early arrivals reported encountering
high winds between here and Detroit
which made flying difficult and at times
dangerous.
Other planes in the derby landed in
the following order:
L. r. Bayles, Sprinfield, Mass time
l hour minutes Charles Meyers,
Cleveland l hour 80 minutes; Stanley
+. Stanton, Blackwell Okla, hour
80 minutes; Basil B. Smith, Portland,
Greg, hour Al minutes.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-21
Marriage Licenses.

Rev. W. Westrhy.
James Flemines. %. and Rosa Chapman.
%: Rev. J. Ross Barnum.
Matthew J. Sessman. al, and Mary e.
Clerk. Is; Rev. J. II. Durham.
Rev, r. J. A. Nestor
Clarence e. Martin, ir. 81. and MarEaret
2: Rnymsr. %, both of HARRISBURG Pa
Leroy r Weeks, 81 and virginia Spill
msn. 10: Rev. J. T. Harvey,
Dallas o. Burger. 81, and Miriam Bower.
II, both OF Allentown, Pa; Rev. Allan r.
Samuel r Smith. III, and Virginia q.
Manuel 20; Rev. william A. Tsylor
Green, 10; Rev. william Hawkins. 81 =.
Earl r.. Minniek, 80. and Msrearette v.
Rorick; g both Of Williamsport, Pa; Rev.
willie Reynolds. a. and Nette Hudson,
81. both of Sparta. Va: Rev. w. Westray.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-21
R. LEROY STEVENS
DIES AT AGE OF 81
Patent Attorney Associated With
A. M. Bum Was Native of
Washington.

Russell Leroy Stevens. 81 years old,
patent attorney and native of Wash
ington, died in the Georgetown Univer-
sity Hospital yesterday following an
operation.
Mr.. Stevens was associated as patent
attorney here with A. M. Bum. He
resided at 5021 Fifth street
Surviving Mr.. Stevens are his widow,
Mrs Maude Allen Stevens; daughter,
Miss Catherine Allen Stevens; his
mother Mrs. Bette A. Stevens, and a
brother, r. Bowie Stevens.
Funeral services will be conducted in
the Georgetown Lutheran Church We'd
nesday afternoon at O'Clock, following
brief services at the residence. Inter-
ment will be In Rock Greek Cemetery.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-21
BY the Associated Press.


SALTWATER. MINI, July I'll
Thirty-three vacant chairs, draped In
black. stood as silent sentinels around
banquet table today witnesses that
Charley Lockwood is carrying out the
covenant of the Last Mans Club.
Lockwood, 81 years old, is the last
man and today the clubs only law re-
CURED OF him what he considered the
hardest task of his life. the dramatic
labor of drinking a toast to SO Civil
War comrades who died before him
and left him with the honor he has
found empty.
Before each chair stood bouquet
of flowers. Before Lockwood's plate
was placed the bottle of Old Burgundy
which the club set aside at its forna-
ton in 1885 for just this event But
the wine. like the honor, had soured
and sip of IL was all that Lock-
wood asked to keep his pledge. To-
night the bottle will be turned over
to an historical society.
Lockwood and his fellows were sur
vivors Of Company 3. lst Minnesota
Volunteer Infantry, and today's weird
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-21
Recommends Mexico City.

NEW YORK July 81 (P).-A beauty,
the wife of the mayor, invites Amerf.
can women to visit Mexico City Sonora
Marie-Elena PUG Casaurano. here on
the way to Spain, had this rerom-
mendation for her home towr Our
shops are lovely, like Paris. Our
hostesses are charming, like New YORK.
Our children are watched very carefully,
like Boston"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-21
COLORADO RIVER WATER
DIVISION is STUDIED
Utah, Wyoming, New Mexico and
Colorado Representatives
Meet at Denver.
BY the Associated Press.

BY the Associated Press.
DENVER, Colo, July 2l.-The task of
appropriating 100000 acre-feet of
water among four States was tackled
today by representatives of the four
upper basin States of the Colorado
River.
Delegates from Utah. Wyoming and
New Mexico met with Attorney Robert
f. Winbourn and M. c. Hinderlider,
State engineer, Colorado's representa-
lives 10 divide the allotment Of Colorado
River water allowed the four under the
terms OF the river compact.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-21
MARCONrS SECOND WIFE
GIVES BIRTH TO DAUGHTER
Queen Helena to Be Godmother to
Fourth Child of italian
wireless Wizard.
BY the Associated Press.

CIVITAVECCHIA, Italy. July al
Guglielmo Marconi yesterday became a
father for the fourth time. His second
wife, the former Countess Crtstina
Bezzi-Scali, gave birth to a daughter,
her first child.
Mother and daughter were both re-
ported TO be progressing nicely in the
Marconi villa and IL was announced
that Queen Helena of Italy would be
yodmother to the child at baptism.
The Italian inventor has been here
for several months experimenting with
chort-wave wireless aboard his yacht
Electra. He married his present wife
in 1926. He is So years old, and she
in her tWenties.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-21
WOMAN DIES SUDDENLY
Rites for Mrs. Effie Matthews Out
cauIt to Be Held Tomorrow.

Mrs. Fife Matthews Outcault. wife Of
Harry j. Outcault, died suddenly Sat-
urday at her residence, 32l7 Connecti-
cut avenue. heart attack, superin-
duced by the extreme heat of the past
few days, caused her death.
Besides Mr.. Outcault, she Is survived
by two sons. Norman and Richard G
Outcault. She was lifelong resident
of Washington.
Funeral services will be held al
HysonGs funeral home, 1900 N street
tomorrow at IL o'clock, the Rev. H. H
D Sterrett. pastor of the All Souls
Episcopal Church, officiating, Inter-
ment will be in Fort Lincoln Cemetery
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-21
Births Reported.

Claude T. and Mary L. Mc1lveen. boy.
Frank and Ethel Himebright, boy.
Chester and Dorothy Maske, girl
Joseph and Irene Berry, girl.
Clarence c. and Frances NJ. Pennell, cir
Reginald and Frances Fielder, boy.
Carroll and Helen Brown, boy.
John and Emma Holley, boy.
Charles and Margaret Williams. girl.
Raymond and Rebecce Brown, boy.
James and Rebecca Wilson, Eiri.
William and Dorothy Cole, boy.
Edwin and Rosie weaver, girl.
Joseph A. and Emma Sinkfeld. girl
Harry 3. and Mildred A. Warins, boy.
Dorsey and Muriel Brown. girl.
William and Opal Marshall. girl.
Lewis and Evelyn Wilson, boy.
Frank and Magsie Peak, boy.
Edward and Irene Dawkins. boy.
Bose and Anna s. Williams, boy.
Leo A. and Katie B. Stewart, boy.