davidaulloa/AmericanStories huggingface dataset:
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-10-24
On hall grapefruit
RecapituIation

Net Loss .Uz
Civic clubs IN Brownsville are
appointing committees on the mat
ter, and up the Valley is heard the
rumbling discord against paying
fifteen cents for one half OF a
grapefruit.
Jack Rutledge has suggested that
the overhead cost could be lower
ed by doing away with the squirt
insurance item Of one cent cost.
This could be done by determin-
ing by test the direction a grape
fruit squirts the most. and eating
from the other side. II such a test
is decided upon how about q bid
to the test breakfast
HALLET newspaper editors lately
have stared pop-eyed at a
statement by Ralph Buell.. ed
itor Of the San Benito Light. to the
effect that some one has said that
che reason some people want a
daily newspaper L. that they can
ret 10 grippe over IL every day. in
stead of once a week. Really. Ralph.
We didn't think YOU had 1t in you.
THE greatest trouble an editor ex-
periences IS that he hears
loudly from the man. who
never having attempted 10 please
a public with n newspaper. knows
sctly how mighty things should
IL done. while the fellow who is
pleased sits BY the fire and reads
els paper from kivver 10 kivver"
and feeling content with the world.
puts out the clock and winds up
he cat and HES himself content
sdly to bed. without the editor ever
hearing from hts thousands But
for r. that the life az an editor Is
: happy y even II he does get
shot at once in a while.
yfrHEN ne get rich what We want
wv is a Valley home with about
fifty acres. a small house and
nientv of newspapers 70 read But
IL the present rate u purse Is
filing and Valley property Il adj
gancinR in price 1t seems that II
rill rost US about a million dollars.
Of course you have often heard az
IN editor setting rich.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-10-24
RIVER

The river will rise between Lar
edo and the mouth during the next
"a TO 80 hours. but will remain
somewhat under flood unless addi-
tional water Is received from Mex
lean tributaries.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-10-24
IN IN OUR JR,
VALLEY
BY G. NJ. HALL

THE first wave cool enough to
cause Valley jewellers 10 shiver
hit yesterday and this morning
Brownsville residents took on an
odor of moth balls.
II would not feel half SO cold. II
IL were not an early attack, &C
companied by damp air. for the
thermometer has a comparatively
high reading.
But II feels good and Brownsville
clothing merchants are putting on
an %overcoat smile However. fat
folks car still put on a vest and
with a little exercise draw a pers-
piration.
A fat man has the hardest time
II summer, yet still laughs the
most.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-10-24
TIDE TABLE

TIDE TABLE
High and low tide nc Point Isabel
tomorrow, under normal meteorol-
ogical conditions.
High $50 .. m.
Low l1:24 a. n.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-10-24

HOT a letter from Mission today
In and simply could not read 1t
all. II covered about six
hand-writren pages and we saw
enough to see that 1t was some kind
OF semi-plea on communism.
II we had known before we open
ed IL that IL contained such, we
would not have opened II.
If anyone tries TO tell us that
Russia's idea of a worldwide So
cialist or Soviet rule is the thing
for mankind, We are just not going
10 believe them, that Is all. And
argument only tends 70 raise ire.
Gun candid opinion. as expressed
before. Is that the United States
and other nations. unless their Sc
cret service agents are doing more
than the average person is aware
Of. are sleeping at the switch and
letting a yirile poison undermine
u national fibre. "A peace-time
spy from Russia Is as dangerous as
a German spy was during the war.
One or two Of those were shot, If
We remember correctly.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-10-24

TODAY the Valley Is rocking with
a weighty question. Really, all
Jul cash ana carry customers
should give II serious considera-
ton This Is the matter OF what a
restaurant should charge for grape
fruit. Ten cents for half is being
advocated.
Now folks. we will have to step
out and say VIZ are for the down
trodden restaurant owner. We have
not interviewed many of them. u
Jimmy Lotus, handshaker Of the
White Kitchen, has brought forth
figures 10 show that ten cent grape
fruit per half would be ruinous.
THE figures advanced. but not
audited BY an uninterested firm
run about as follows:
Report On half grapefruit
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-15
CHICAGO LIVE STOCK MARKET

CHICAGO, September is Up GU. S.
Department of Agriculture Hogs
$4,000 head; included 1900 direct;
fairly active; steady with Fridays best
time; top, Ills for choice 21O-24o
pounds; bulk, 180-280 pounds, 1os5a
, lilo; packing sows, S.75as.25, few $50;
Light light, good and choice, 14O-l6O
pounds, 9.75a10.60 lightweight. 1eO-
200 pounds, 10.35a11.15; medium
weight, 200-25O pounds, 1o.s0a11.15;
heavyweight, 250-35O pounds, 10l5a
LILO, packing Sows, medium and good,
275-500 pounds, 8.35a95O.
Cattle, $4,000 head; calves. 5000.
| strictly good and choice cattle. all rep
resentative weights, steady; 1900 paid
for yearlings; some held higher: best
heavies, l2.50; lower grades weak to rs
lower medium grades and heavies
showing most decline; she stock slow:
slaughter cattle and vealers. steers
good and choice, 600-90O pounds, IL asa
1925; 900-1, 100 pounds, 1O.50a13.OO:
l,lOO-l 800 pounds, 9.75al2.75; 1900
l,oOo pounds, s5osl250; common and
medium. 800 300 pounds, 65Oa1O.25:
heifers, good and choice, 550-85O pounds,
1000al3.OO; common and medium, 6.00a
1925; cows, good and choice, 5.0Oa8 IS:
common and medium, 4.OOa5 as: low
cutter and cutter, 300a425 (bulls.
yearling excluded; good choice beef,
6.00a7.00; cutter to medium, 4.5Oa6 so;
vealers milk fed, good and choice,
l1.00al3.00; medium, 900al1 90; Gull
and common, 7.50a9.00; stocker and
feeder cattle, steers, good and choice,
500-1 ,05O pounds, 6.75a8 so; common
and medium, 5.00a7 90.
Sheep - 5000 head 25a5O lower:
desirable native lambs mostly 8.75
to packers; few to city butchers, 900;
extreme top, 9.25 bucks. 7.5Oa8 90;
good Montanas, 8.75; best rangers held
above 9.25; lambs, 80 pounds down,
good choice, 8,5Oa935; medium, 7.00a
$780, all weights common. 5.OOa7 90;
ewes, 90 to $50 pounds, medium to
choice, 2.50a4.25; all weights, Gull and
common, 1.50a3.00; feeding lambs, so
to rs pounds good, choice, 6.75a7.75.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-15
Western MARYLAND.

Buyers of Western Maryland bonds
presumably have investment in mind.
Buyers of Western Maryland stock
probably are influenced by the value of
the property to some other road as part
of a larger system. Interest on the
bonds Is covered by good margin,
charges having been earned on the
average during the eight years ending
December 81, 1929, over 1.6 times. In
the calendar year 1929 they were earned
1.9 times.
There are two issues of Western
Maryland bonds which enjoy an active
market, the first As of 1852 selling on
a slightly better than per cent basis
and the 51as of 1877 selling on a basis
of almost 512 per cent. NO dividends
have been paid on any class of stock
of the present company since organi-
zation. There are three classes, a first
preferred z per cent cumulative, a
second preferred per cent non-cumu-
lative and common all of 500 par
value. AS of july /, 1880, the accumu-
lated unpaid dividends on the first pre-
ferred amounted to $S4. Until this
amount is cleared up, or until some
plan for funding it has been worked
out, holders of the other issues can
expect no return. Inasmuch, however,
as all classes of stock have equal voting
rights, namely, one vote for each share
held, the common is actually traded on
its value for control
At present the Baltimore & Ohio
owns about 43 per cent of the stock,
sufficient to insure working control but
has been directed by the Interstate
Commerce Commission to dispose of its
holdings. No purchaser satisfactory to
the Baltimore & Ohio has been found
as yet.
In its latest consolidation plan the
commission put the road in the pro-
posed fifth trunk line grouping, headed
by the Wabash and the Seaboard Air
Line, but whether this ALLEGATION will
stand is not at all certain. However
that may be, minority stockholders will
doubtless be recognized in the final ar
rangement.
On the basis of the first half of 1880
earning on the common, after allowing
for preferred requirements at the regu-
lar rate, but not taking into account
the accumulations on the first prefer
red, will probably be about $3.50 a
share, which compares with S2.70 a
share actually earned in 1929, better
showing than made by most carriers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-15
CURB SHARES SAG
IN QUIET MARKET
Utilities Featured in Draggy
Trading-Weak Spots
Appear.
BY JOHN A. CRoNE.
Special Dispatch to The star.

Special Dispatch to The Star.
NEW YORK, September 15.-Dullness
and selectivity, marks of the opening
of the Curb Exchange today continued
as the session progressed.
Public utilities, such as Electric Bond
q Share, eased after an early bulge.
American g. Foreign Power warrants
were down nearly points. Cities Serv-
ice was more active than usual and
held fairly firm. The drop in call
money to 81 per cent on the curb post
late in the third hour stemmed the de-
cline, without, however, bringing about
increased activity
MiSsouri-Kansas Pipe Line was a con-
sepicuously weak spot in the active trad
ing mediums. This stock rapidly sank
as points to a record low of l45.
which contrasts with its earlier peak
this year of 36l4. Most of the early
selling emanated from Chicago, where
the issue also is traded in.
MisSouri-Kansas Pipe has been con-
Quoting negotiations with the Column
tails of these negotiations never have
been divulged officially, they did not
include an outright purchase of Mis-
souri, kansas Pipe Line properties.
Most oil shares moved lower in the
forenoon and traders were inclined to
stress statements made by Sir Henri
Defending managing director of the
Royal Dutch Shell group, who. accord
ing to private Amsterdam dispatches,
said the oil industry cannot be placed
on sound basis so long as United
States laws interfere with the restrie-
ton of petroleum production.
Declines approximating a point took
place in Humble oil and Gulf Oil,
while smaller reactions occurred in I'm
perial Oil of Canada, Standard Oil of
Kentucky, Vacuum and CoSden.
The weakness of Missouri-Kansas
Pipe Line, which is variously classified
as a pipe line and as a natural gas
company, checked activity and advance
in the natural gas shares during the
third hour.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-15
AUTOMOBILE TRADE
IN BETTER POSITION
Increase in Retail Sales Reported
by Detroit Area-Factory
Orders Gain.
speclal plspatch 70 The star.

Special Dispatch to The Star.
DETROIT, September 15.-Signs of
coming pickup in the automobile trade
have become apparent since September
/. One is that retail sales in the Detroit
area ran up a total of approximately
900 cars during the first, six days of
this month as compared with only 500
during the first week of August
This is shown in a total for the one
week period covering all makes, and is
distinguished by the fact that the
middle and higher priced lines of cars
are represented in 1t as we'll as the low
priced lines, which throughout the Sum
mer have held long lead on the others.
In part the upward squirt is credited
to a half rate on license plates and
registration for the remainder of the
year, but the company executives are
pointing to it as significant because
none like it has been reported locally
for months past.
They believe it is to continue al
though it is difhcult as yet to forecast
what the end of September may bring
in the way of change. What strengthens
the belief Is the fact that orders re-
ceiyed by the sales departments of
several factories took a jump ahead at
the same time. Last Monday several of
the larger plants reported the morning
mail as bringing in more requests for
immediate shipments than have been
received over any week end since July /
Resumption of operations by virtually
all plants on part time basis is now
complete and has brought with 1t added
life and aggressiveness to the trade in
general
Copyright, 1900
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-15
Washington Produce

Butter-One- pound prints, 44a45; tub,
42a43.
Poultry, alive-Spring chickens, large,
27a2s; medium, 25a26; small. 25a26;
Leghorns, 24a25; fowls, large, 24a25;
small and medium, l8a2o; Leghorn
fowls, 15al6; ROSTERS, Is; ducks, is.
Home dressed-Spring chickens, large,
33a35 medium, 32a33; small, 30a32;
fowls, large, 28a30; small and medium,
27a2S Leghorn fowls, 18a20; ROSTERS,
l6a20 ducks, 23a24; turkeys, 32a35.
Meats, fresh killed-Beef, l9a20; veal,
18a22; lamb, 23a25; pork loins, "a;
fresh hams, IS; fresh shoulders, ~;
smoked hams %; smoked shoulders, 20;
bacon, 49, lard, In bulk, Is; one-pound
packages, 16.
Live stock-Calves, Gallo; lambs, 9.
Watermelons, 4Oa75; canta-
loupes, Rocky Fords, fats, LOCAL rs i;
Hurlocks, Eastern Shore OF Maryland,
large crates, i25al So Persian melons,
.50a2 so; honeydews, 125a2.00; honey
balls, 300a4 90; oranges, 600a8 so;
lemons, 6.00a6.50; lines, per 100, 1.50;
apples, nearby 75a1 So box stock, 2.75a
300 peaches, Elbertas, 50a3. 90; Hales
3.5oa450; plums, l.50s2.50; damsons,
pony baskets, rs; grapes, Ribiers, 800;
Tokays, 250a2.75 Thompson, seedless,
l.25; figs, 450a5.00; grapefruit 6.50a
7.50; pears, 1.25a2 so.
egetables--Potatoes, $50: sweet po-
tatoes, 500; tomatoes, two-peck bas-
kets, LOCAL so: peas, 4.00a6.00; string
beans, 200a2.75; lima beans, New Jer-
sey, 500; Eastern Shore OF Maryland
300a3.50: carrots, per 100 punches
100; cut off, per bushel basket, lbs;
corn, per dozen. 30a40; eggplant, lisa
90: turnips, 1.50a2.00 beets, per loo
punches, 400; cucumbers, 50a2 90;
caulifiower, 250a3.00; squash, two-peck
baskets, 75a100 kale, l.50; spinach
| l.75a2.25.
Eggs-Current receipts, 29a3O; hen
merry, 34a35.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-15
AUSTRIAN BUSINESS SHOWING
FIRST SIGNS OF RECOVERY
Nation Follows Lead of France in Repatri-
ating Dollar Loans-Farm Products
Prices Remain at Low Levels.

, greater use of her domestic resources.
| There has been progress, as is evil
denced by the fact that her own crops
supply 30 per cent of her domestic re-
quirements, against so per cent formerly
There are big possibilities in the de-
velopment of hydroelectric power. An
important program along these lines is
under way, financed by private capital
The federal railways have been electro
fed from the Swiss border to Salzburg
The extension of the identification to
Vienna is being discussed. In a few
years electric service to Basic and
Budapest will be completed. 1t will re-
quire foreign capital to do it, probably
another dollar loan.
The coming election in Germany ex-
cites Vienna bankers. Economic condi-
tons in Europe are so bad that there is
more of tendency toward pessimism
than to hopefulness. Every one expects
an increase in the radical parties The
question is, what will be the effect on
the American long-term loans, and the
answer is that 1t will probably be slight.
On the other hand, fear persists that
German shares held heavily in some
American Investment trusts will suffer
The spendthrift Reich, its provinces and
municipalities, must henceforth cut
their cloth to new measurements. 1t is
ABSURD Tor Rumanla, hungary or P0land
to expect additional American loans in
| the present state of politics and in view
of the waste of the proceeds of earlier
borrowings.
Swiss Conditions.
The best informed banking opinion
| here says that Italy is in a relatively
strong position. though she has her own
economic and social problems like
others. Situated between France and
Italy Austria must always consider the
| possibility of trouble between these two
rivals.
This writer, in crossing Switzerland
| found evidence of crisis there affect
| ing all Europe. The textile chemical
and watch industries are depressed and
10000 are unemployed. The tourist sea-
son has been poor, further reducing the
national income. The Swiss bankers are
| receiving large deposits from frightened
Germans and French, made to avoid
taxes. Sixty per cent of all Swiss de-
| posits today are German and French
! Interest rates are so low in Switzerland
| that the banks there are able to lend
back to Germany at good net yields.
Switzerland is also repurchasing her
American dollar loans. She now holds
| the larger proportion of the Govern
ments 8s, which will probably be called
| in January. The same is true of the
| Belgian IS, callable after February and
largely cached in the country of origin.
(Copyright, 1e3O)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-15
EASY MONEY RATES !
MAY Be CONTINUED
Plan to Call Treasury Bonds
Seen as Indication
of Trend.
BY ]. c. RoYLE.

Money is going to continue easy"
1t is obvious that the officials of the
Treasury Department think So That
is the view Of financiers who have
studied the announcement by the
Treasury giving notice that $l,269, o00,-
900 In bonds would be called next
March. The Treasury is obliged to
give six months notice of such action.
In addition, the Treasury announced
that the last issues of certificates Of
indebtedness had been oversubscribed
by 1912 900 900, the largest excess sub
Scription ever announced tor 9. Gov
eminent issue.
Probable Motives.
There are two motives which may
have actuated the Treasury in adopt
ing this policy. One is that the de-
partment believes it can refund this
billion and a quarter of the public
debt at a lower interest rate than 1t
now bears. The bonds called row pay
interest at the rate of 3i2 per cent
annually. The last issue of certificates
of Indebtedness was obtained at ga
per cent and 1T is understood unof1-
cially that the department feels con-
fident it can refund the obligations re-
tired at not more than per cent
With a billion and a quarter dollars
involved, the saving is matter OF
moment
A second motive may be a desire to
put the billion and a quarter dollars
into circulation, for time at least. 1t
is felt that when the money for these
bonds is paid to investors it may slim
ulate them to spend part of 1t and
so prove of general aid to business
through the medium of retail trade. It
is also possible that part of this total
may go into other bonds which pay a
higher rate Of interest, and this would
of course, prove of benefit to the bond
market and incidentally have bull
ish influence on the stock market In
general.
At all events. a continuation of easy
money conditions is indicated. There
is now plethora of funds in the banks
awaiting investment There is little
likelihood that these funds will be ex-
hausted, since bankers are using ex-
treme caution in making loans. This
leads to the conclusion that funds will
be ample not only to reflnance the
Government debt but to leave sufficient
for all legitimate business enterprises
when they wish to expand owing to in
creased demand.
Income Taxes.
In view of the ease with which Gov
eminent requirements are being financed
and the low interest rates, many
financiers regard it as unlikely that
there will be any increase in the in
come tax rate although the margin
between Government requirements and
income tax payments may be narrowed
by the drop in profits of some busi-
nesses in the past year
Copyright, 19s0)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-15
BY CHARLES F. sPEARE.
Special Dispatch to The star.

SptCidl OlSphlCH " Ahe ONoAs
VIENNA, September 15.-The reduc-
ton Of the Austrian bank rate to per
cent this week was deferred recog-
milton of the ease of credits in Europe
1t is hoped that it will assist industry,
which is now showing the first signs OF
recovery. The other aspects OF the
matter is that it may send Austrian
capital abroad seeking higher returns
Recently the Vienna banks and pri-
vate individuals here have been buying
the last Austrian per cent loan, which
although at a discount OF 2i2 per cent
In New York, is quoted here at a
premium of IL per cent. A loan of the
city of Vienna, floated in America IN
1927, has returned here to the extent
of about 40 per cent.
Savings on Increase.
Austria is regarded as poor country
but it is doing on a small scale what
France is doing in repatriating he1
dollar loans. Partly this is to get ad-
vantage of the high yields and partly
1t is because of a desire to keep part
of the investing capital in other coun-
tries.
Savings have been steadily rising and
now total $275,000,000 since the cur
rency was stabilized, The position OF
the Austrian Bank is the strongest IN
history, with a reserve of 81 per cent
gold and foreign credits.
Austria suffers less than the rest OF
Central Europe from political unrest
but she is economically affected by the
present psychology of her neighbors to
the east and north. Half the popula-
ton is engaged in agriculture. Low
prices for their products reduced theiI
purchasing power. In addition to a
dole voted to the industrial employed
Parliament has voted subsidy fol-
farmers which is a political and COM
mercial expedient. Consequently. the
budget for the next year will show the
strain after having had good margin
in previous years. The vicious circle OF
high wages and commodity prices plus
post war opportunism in the form OF
the dole is unacceptable here.
War Burden.
Freed of reparations payments, Aus
tria's war burden is light compared to
that of Germany, There have beer
great losses in markets and industrial
sections. Austria is slowly recovering
from the former through reorganization
and adjustment of her outside require
mentS, but a big handicap is the
customs barrier of the independent
states. Austria can never recover hel
commercial prestige. She must make
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-15
NEW YORK. COTTON

NEW YORK, September Is (Spe-
cial) Cotton prices held extremely
steady today and recovered is points
at one time under light hedging and
heavy rains in Central and Western
sections of the belt. The course Of
prices was influenced. however, by out
side developments and the break in
wheat into new low prices of the year
wiped out the improvement, leaving the
list at the bottom.
Closing quotations were unchanged to
2 points higher than Saturday. Spots
were reduced points to 1925.
Cotton range:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-15
GRAIN MARKET

CHICAGO, September Is tP)-Top-
pied over by heavy selling and by T.
585. 900 bushels increase of the United
States wheat visible supply, wheat to-
day fell to new low-price records.
September delivery of wheat collapsed
to below 30 cents a bushel Only in
June and July, 1914. have wheat values
been as low as at present since as far
back at 1907. Oats and rye gave way
with wheat and touched new bottom
levels
Wheat closed unsettled, IA to "a net
lower, corn, % to ia down; oats, 70
off to 1s advance, and provisions I'M
changed to a rise of 10 cents
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-15
BETTER RETAIL BUYING.

NEW YORK, September Is (P.-The
low point of the downward trend in
retail sales is believed to have been
reached in the earlier part of August,
current survey by Standard Statistics
Co. The survey adds that executives
of many retail organizations in the de-
partment and chain store, as well as the
mail-order fields report expanded buy
ing during the latter part of August,
which has been continued thus far this
month. -. a - a xsadA B EM
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-15
Markets at a Glance

NEW YORK, September Is [P. =
Stocks weak utilities pilot pivotal
shares downward Bonds irregular ;
rails and utilities in best demand. Curb
weak; Technicolor reaches new 1880
low. Foreign exchanges irregular
sterling easies Cotton barely steady;
beneficial rains in Oklahoma. Sugar
lower; increased spot offerings. Coffee
higher; European buying.
CHICAGO, September Is (P).-Wheat
easy; favorable weather and increased
visible supply. Corn easy; favorable
weather and poor cash demand. Cattle
steady to lower. Hogs steady.