davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1930-08-19
bond INCREASE
IS NOTED !

The list of railroad and utility
bonds legal for savings banks and
trust funds in New York, New Jer-
sey. Massachusetts, and Connecti-
cutcut, compiled semi-annually by
the Standard Statistics Company,
of New York, currently contains
1,197 bonds against 1,lS0 at the
time Of the last previous listing in
March, 1880.
OF the total number OF bonds,
only 266 comply with the stand
ards of all four States. 2l5 with
those Of three States. 25S with two.
and 463 with the laws Of one State.
While New Jersey issues no Off
cial list Of legal bonds. in the opIn-
ion Of Standard Statistics. S19 Of
the issues are legal in that State.
New York comes next with 7S0 Is
sues. and 6l0 issues are legal for
SAVINGS banks and trust funds in
Connecticut. Only 46l Of these
bonds are legal I'm Massachusetts,.
this state havine most rigld re-
uuixementS as % the number Of
consecutive years during which
dfwiSpuds On euuiey issues must
have heen maintained.
The Washington times., 1930-08-19
c R our P ISSUES
CIRCULAR

What is said to be the most
comprehensive circular and
charts ever published on an in
vestment trust has been pre-:
pared for distribution by Dis
trbutors Group, Inc. SO Wall
St., New York, sponsors and ma
tional syndicate managers for
North. American Trust Shares.
the largest fixed type investment
trust the sales Of which have
passed the 500, 900, 900 mark.
The eight-page folder shows
in tabulation and also in chart
form the appreciation by rein
vestment for the 10-yeaT period
from 1912 to 1929. inclusive,
which would have resulted from
observance of the three North
American Trust Share plans Of
reinveStment. Salient statistics,
covering surplus and reserves.
total fixed obligations. including
funded debt. total assets. cash
dividends and total earnings
available for che common stocks
of the 20 companies underlying
North American Trust Shares.
are presented I'm chart form.
The Washington times., 1930-08-19
Gas Firms Planning
To Consolidate Soon
Statement Reveals

directly or through its sub
salaries, natural gas properties
totaling more than $1,000 acres
in Pennsylvania, West Virginia
and Kentucky, containing more
than $50 producing wells with q
daily production rate in excess Of
10000, 900 cubic feet and esti.
mated gas reserves of more than
800 billion cubic feet.
Over 80 per cent Of the gross
income from the company's prop.
critics, including those presently
to be acquired, is derived from
the distribution Of gas at whole
sale under favorable contracts to
a number of the largest pur-
chasers Of natural gas in the east
among which are Hope Natural
Gas Co., Peoples Natural Gas
Co., both subsidiaries of Stand
ard Oil of New Jersey, the Manu-.
facturers Light and Heat Com
pany, the Natural Gas Company
of West Virginia, United Fuel
Gas Company, Warfield Natural
Gas Company, subsidiaries of
Columbia Gas and Electric Cor
poration. Carnegie Gas Company,
Cumberland and Allegheny Gas
Company, Clendenin Gasoline Co.,
subsidiary Of Union Carbide &
Carbon Corp; Monongahela West
Penn Public Service Company,
Godfrey L. Cabot. Inc. West Penn
Public Service Co., South Penn
Oil Co., Equitable Gas Company,
subsidiary of Philadelphia Com
pany; Hamilton Gas Company,
Kentucky West Virginia Gas Co.,
subsidiary of Standard Gas &
Electric Co.: Ohio Valley Gas
Corp. Montgomery Gas Co., sub
sldiary Of Inland Utilities, Inc,
and Columbian Carbon Company.
Financing to provide for the
proposed merger and expansion
program is expected to be carried
out through the issuance of short
term debentures and. additional
class A common stock of the
company.
The Washington times., 1930-08-19
MO TOR SALES
79,976CARS

During the month Of July Gen.
eral Motors dealers in the United
States delivered to consumers
S0,147 cars, according to an an
nouncement made today by Al
fred p. Sloan, jr., president. This
compares with o7,318 in the
month :: June and with 14,07o
in July, 1929.
Sales by General Motors manu-
featuring divisions to dealers Ia
the United States amounted to
70,716 cars, as compared with S7,-
sos in June and as compared fur
ther with 1911 in July, 1929.
Total sales to dealers, including
Canadian sales and overseas ship
ments, amounted to 1876 cars,
or over $500 per day, as COM
pared with 81, ,440 in June and as
compared further with 189, ,428
in July, 1929.
The Washington times., 1930-08-19

The proposed merger OF I'M
portant natural gas companies
operating extensive properties in
West Virginia, Pennsylvania and
Kentucky is revealed today in the
announcement of Edward r. Berry,
president Of Twin States Natural
Gas Company that the company's
preliminary negotiations have
been completed for the acqulsi-
ton of a controlling interest in
Midland Gas Company. In ad-
dition the company will acquire
further holdings adjacent to its
present properties in West Vir-
ginia and Kentucky.
In making this announcement
DR.. Berry said:
"This proposed merger Is d.
rectly i'm line with the inevi-
table trend in the natural gas
industry to bring together Sepa-
rate operating units into large
groupings as q means OF ef-
fecting more effic lie n t and
CCOuOu1lCSA OPCE0SAOus AnC PAVP-
critics Of these two companies,
located as they are close within
the same natural gas prOduc-
ing area, lend tn m elves
naturally to this process Of
integratiOn."
Midland Natural Gas Company
owns and operates natural gas
properties in Pennsylvania and
West Virginia and its present
holdings are in excess Of $4,000
acres containing over $50 pro
ducing gas wells, with a daily pro-
duction in excess Of $4,000, 900
cubic feet. It's properties are 10
Gated in the oldest natural gas
district in the country which for
a number Of years has been the
source Of supply for many i'm
portant cities including Buffalo.
Cleveland, Cincinnati and Pitts
burgh.
Upon completion of these nego-
tiations. Twin States Natural Gas
Company will own and operate,
The Washington times., 1930-08-19
BUILDING Gains
OVER 1928

Contracts awarded for r, new
construction In the metropolitan
area of New York in week ended
August 16 totaled $19,158,600. ac-
cording to F. w. Dodge Corpora
ton, bringing August total to date
to $40, 1886, 600. This was at rate
of $3,102,8O0 per business day,
against $2,649, 900 in July and ST.
803. 900 in August. 1929. For year
to date contracts awarded for
new construction in this territory
were valued at 1921. 700, 100 against
06,634,30O for like period in
1929.
Some improvement in the
building situation throughout the
United States was noted during
July, according to official reports
Of building permits issued in $50
leading cities and towns as COM
piled by S. w. Straus and Com
pany. July volume of planned
construction was $187, ,57O,714,
against $l84 .665, ,439 in June, q
gain Of about 1.6 per cent. Nor
mally, there is a decline of close
to Is per cent between the two
months. July, however. declined
36 per cent from the $292,912,55O
volume of permits issued in July,
1929, indicating that building gen.
orally is still far from normal.
These reports bring assurance
Of increasingly sounder conditions
in field of improved real estate,
states the Straus survey. The
slackening pace in building opera
tio1s is effecting a reduction of
surplus space wherever it may
happen to exist as result of the
more intensive activities of prior
years. Federal census reports
showing an increase of about IT.
100000 in population of conti-
mental United States, with heavy
gains in the leading cities, Is one
of many indications which make
clear the fact that necessity for
building in America is constant.
With a continued reduction in
building construction, funda-
mental conditions in the improved
real-eState market must inevitably
be gaining strength monthly.
The Washington times., 1930-08-19
1re Trying to Maintain Before Bear Attacks Spectator
Wall Street
Hears:

That recent activity In Bald
win (B) is due solely to pool
operations.
That revision Is being made
downward in 1880 tire output
estimates. Early forecasts were
for 5O,OOO,OOO replacement sales,
but this has been trimmed TO
100000.
That Drug, Inc. (DRU), will
boost It's dividend rate this
year.
That u. s. Steel (X), Stand
ard Oil Of New Jersey %, and
American Can (AC), will give
the rest Of the list their cues.
That interests close to Gen.
eraI RefractOrieS (GRX), are
scale buyers on belief stock
will be y good performer on
any sustained recovery because
Of excellent earnings.
The Washington times., 1930-08-19
VitriOL Demand Is
Chemical Feature

Foreign buying came into the
market for blue vitriol on a sub
stantial scale last week and was
the feature of an otherwise color
less situation In industrial cheini-
Gals, according to the Oil, Paint
and Drug Reporter. Battery
manufacturers were providing
against their seasonal require
ments in sal ammoniac and zinc
chloride. Index numbers for IS
typical chemicals remained at
1897 compared with 1862 a month
ago, and 1924 in this week last
year,
The Washington times., 1930-08-19
INFLUXOF BAD NEWS AIDING
ATTACKS ON RECOVERY
Markets Technical Position Remains Strong;
Selling on Every Small Rise Is
General Rule, Expert Declares
Ry THE SPECTATOR

The trying hard to stay where 1t is II finding
the going pretty rough The bears aren't through yet p
long getting enough bad from day to day
to help them whereas the struggling bulls as yet nave
little but optimism.
acting WELL They sold off yesterday as
grain cotton continued to tumble but came back In
good shape before the close don't look for much more than
a repetition of this today.
The markets technical position remains strong for the
popular pasme present for both the little and big trader
to sell stocks time they raise their heads However
advice is still to forget about the market for while
Trading almost entirely professional the fundamental bust
situation m obscure little gain in making
commitments for the time being
The Washington times., 1930-08-19
Artificial Respiration"

Artificial Respiration"
There are indications that few
courageous pools have started up
again. Strength in United Air
craft and Johns Manville would
indicate such action here. I am
bulliSh on both stocks for a long
pull but / wouldn't advise follow.
ing the move in either for ! be-
lieve they can be bought later at
lower figures. Neither will make
much money this year. Johns
=, lille won't earn very mucn
over its SO dividend. I believe.
with the sharp falling off in
building this year. Interests close
to aircraft will be surprised If 50
is shown on the. common for 1890.
This ma es stocks high on an
earnings ratio.
Though I am bearish on the
Utilities as a group. I believe with
James Hughes that deflation to
a conservative selling price earn,
ings ratio may take years. Owner.
ship, of the Power and Light
stocks is widely distributed among
the public, and possibility of sud-
6en liquidation seems remote.
Chances are that most of those
who have held on so long will
continue to do so. Hughes points
out the long time it took to deflate
the railroad. stocks from. 1905 on
when they were selling at 20 and
better times earnings.
The Washington times., 1930-08-19
Crude Petroleum
Steady, Is Report

The average price Of crude
petroleum at ten producing fields
was unchanged last week from
the previous week at $1.455 a
barrel. The average for the cor
responding period last year was
$1.677 per barrel. according to the
Oil Paint and Drug Reporter.
Gasoline at the refineries was
unchanged last week from the
previous week at TOO cents a gal
lon at four principal refining
centers and gasoline at service
stations was also unchanged at
20.s0 cents a gallon at ten lead
ing markets.
The Washington times., 1930-08-19
International Telephone

Conservative quarters see a
bright future for international
Telephone, and talk of $3.50 Il
share for the stock in the next
two or three years. They have
been picking up some stock on
a scale and have other orders
in we'll below the market.
The company's large invest
inents in it's recent expansion pro,
gram abroad are expected to be-
Gin showing some return next
year. Earnings for the current
year, however, probably won't be
over So a share. The manage
ment is highly regarded.
Agitation for utility rate cuts
in this country may have some
effect abroad, but earnings are
expected to absorb. any possible
reduction with plenty to spare.
I. T. T. has splendid concessions
in a number Of foreign countries
and Is a big domestic communi-
cations factor.
international Telephone is the
stock responsible for the best
market story heard in sometime
Strange though it may seem, one
trader went long on it at A. and
another short at the same price,
and both lost money. This was
during the squirt last month
when the stock climbed above
4S. The bear covered at the top.
The bull hung on for a better
price, became disgusted when the
The Washington times., 1930-08-19
Here and There

British liquidation is rumored
in both Columbia Graphophone
and International Nickel. Colum-
bias current earnings, 1t is said,
are far below last year and mer-
ger possibilities for the time be-
ing are remote. Selling of Inter
national Nickel may be more Of
the diSgusted variety. I am still
bullish on Nickel. I believe it is
cheap at. 20, for a pull.
There is a lot of General Elec-
trio hanging over the market. l
am told of two blocks, one alone
Of $4,000 shares. that will go as
soon as the stock moves higher.
A broker who has high repu.
tation in the Street has turned
bullish on the leading oil stocks.
This despite the report that Mid
continent crude prices will be cut
in the next few day.
I expect Standard Oil Of New
Jersey to be one Of the leaders
of the next dull market. It is an
ideal stock for this. Jersey Is the
kingpin in the oil industry. and
in addition has huge holdings in
the chemical field and in natural
gas. I don't see how any invest
ment portfolio can be complete
without Jersey. 1t is fairly priced
at current Levels.
I hear from those who bought
Sinclair at higher prices that
there will be q move In the stock
soon.
Radio meets good support
D round 27
The Washington times., 1930-08-19
NEWS
In Today's
CLASSIFIED ADS.

UNFURN1SHED APARTMENT FOR
RENT-LlEht, airy apartment Of
five large rooms and bath: all mod.
ern improvements.
COUNTRY BOARD-Chlldren under
12 boarded; ideal country home;
fresh farm products: near bus and
school.
SHORE AND MOUNTAINS FOR
RENT - Seaside hotel formerly
HiGhview). Chesapeake, Md; make
reservations early for Labor Day or
your vacation eOOl. delightful
rooms; delicious meals; special
rates: shore dinners,
BOARD AND ROOM-aIat Sc. N.
w. (near Dupont ClrcIeD: modern,
slngle rooms. $40 month; room and
meals, double room with single
beds, SIS and $3.50 each q month;
"ae large room for girls, $3.50
each.
AUTOMOBILE FOR RALE-whIp-
% Coach. 1874; good condition,
sf3S. terma.
TAess are 'staeiivAfs' - ssws - pew,
afe~ssftHS aat eyfsssseBts pss srsH fssS 4
'ee1gs rfwss sd Hsraf4 classsfss6 Aas.
The Washington times., 1930-08-19

Nswg hSme-ts-be eaB - hsnted
amas - teaays e1asszfa@8 AaA
The Washington times., 1930-08-19

Interests close to Warren Bros,
road builders, are bullish for the
long pull. The stock is cur
rently selling in the lower 4O's.
The company got a lot Of foreign
business this year. Earnings for
1890 are estimated in some quar-
ters at So a share. Any commit
ments should be on a scale down,
with the realization that the
stock may not do anything for
q long time.
The Washington times., 1930-08-19

stock continued to sag and sold
out for a two point loss.
The Washington times., 1930-08-19
Fox


Fox was the weak sister" Of
the entire list yesterday. It
broke over 6 points before it
met support and then recovered
more than half It's loss. The
selling was attributed to a bear
pool trying to unsettle the mar
ket. Statement Of President
Clarke that the $4 dividend
would be paid was reassuring,
and present earnings, if main
tained for the balance of the
year. will cover this payment
with something to spare.
I don't like Fox'S action yes
terday. / have been bullish on
Fox for some time and have ad-
viSed its purchase. The first tip
given here was good for more
than 4 points. The stock at yes
terday's close wasn't much below
its price when recommended here
again. I believe the safest course
now would be to get out of Fox
on any further rally and await
DEVELOPMENTS.
The Washington times., 1930-08-19

%Ex-dividend.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-19

l.. +. SAUL CO.,
National 200 925 18th st. NV.
708 G ST NE.-BRTCK 6 ROOMS AND
bath. h.-w.h:. near Stanton Park. Rent
reduced to s35.
C, rner bricks rooms and bath, h.-w.h..
cleo. Reasonable rental.
Fort stevens-6 rooms and bath, h.-w.h..
cleo, s55.
Georsetown-New. rooms, bath, h.-w.h.,
cleo. SIS.
st. s.w., near Bureaus rooms and bath,
CHAS D. SAGER,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-19

1928 SOUTH DAKOTA AVE. NE.
Large detached home, containing 8 rooms,
2 baths. all modern improvements lot
eox250 many beautiful trees and shrubs;
fruit trees and garage on rear Of lot
FLOYD E. DAVIS COMPANY,
National 0352. 1888 18th st. NV
s2l G ST. s.w.-SIX ROOMS, BATH ELEC-
tricity; two-story and cellar brick dwell
ing. Open for inspection
VIM. p. NORMOYLE.
National 2255. $40 r st. NV.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-19
gALE--HOUsES.


ALMOST NEW 6-RooM: BATH. TNcLoSEp
St. BriSse. Price cut for quick sale from
Nat Hit'V ss So 80 EVENINGS Clev 1870. va,
FOR SALE. BY OWNER, HOME ENTIRELY
different from anyt ,ai yon i. have S seen cS
with shower; oil-burning furnace. marble
fireplace. plate-Elass windows. real steel
fsd. si9.S5o. Address BOX 1857. Star
once. --
FOR sALE--A REAL WELL BUILT DE-
a eoens n ana tied bath With shower on sec
ond moor attic Large porches; the h SsiisTI
lawn and .shrubbery and everEreens; very
near schools: stores and churches Prize;
oW;SER. Box 2oi-x. Star once
MODERN; NORTH c.. C. HOME OF
sTS eses snd ana Ssa %de %
age on paved street block from cs no ip geI
equity: reasonable cash and terms. Call
J. c. STUART, Nat. s3os; evenings, Kensins-
3 rooms. tile bath, NV h.. cleo. cellar. ga
Or rs 1in coin s7 7O1 -..-
i0ll AND 1918 9th ST NV. MODERN
brick dwellings, each with rooms. baths,
hot-water heat, electricity, Frisidaire. Open
y National M sSss. P. NoRM92 iG St. NV.
NEAR 4th AND. r. + AVE NE al.
viii rs seesDt 0: :sssc $500 ie essh IS
E Evening s.s phone clev. 1914. Day phone
AT SACRIFICE PRICE FOR QUICK SALE:
Modern detached stucco house. 24x2S;
rooms and bath, large porch. AMI; lot
p9ovsa best ssstio1 PqceS
Immediate sale. Adjoining duplicate houss;
s %2 NatioSS 4s 8 you have $3.50 cash.
baths, 6ot-water heat; electricity, FriEid-
National S wM P NoRMo sio ! St. NV.
sEMI-DETACHED BRICK HOME.
ovE WET OF sr 18th sls G sT TWi
Eight rooms, two baths, attic; house metal
wweeather-stripped throughout; equipped with
time.
1926 ,4t EA e. E% { JAMES 1N North Oosa,
Evenings Clev 4e44.
SACRIFICE PRICE
unfarni;hed: = beautiful detashsd home. >
rooms. large front porch, screens, awnings,
tractiye shrubbery; good condition. Cleve-
land land Pers near ; John Eaton School Tels-
1928 SOUTH DAKOTA AVE. NE.
Large detached home, containing rooms,
sxs baths all s modsTn ot
~.5s. r. r., Dzv fs :SfS = y
tricity; a two-story and cellar brick dwell
~v.. WIN. P. NORMoYLE.
$6o5O.
Two-story brick house in good northwest
section. Excellent condition; has large
rooms and bath. garage. Subject to one
trust Of $4,000. Terms can be arranged.
THOS. Z. FARRELL CO., Realtors,
al 10th St NV. National 0765.
$13,5OO.
Cleveland Park.
| A lovely home in one of the most attrac-
| tive squares in this delizhtful close-ir sub
urb. The house is of brick construction, CO.
lonial type. contains four well proportioned
| bed rooms. tile bath with shower, living
| room with fireplace, breakfast room or den,
| modern kitchen including Friaidaire, and
| svery up-to-date convenience. Attic. Entire
house in perfect condition, having been re-
decorated throughout. Brick garage.
Evening Phone Service 7 to 9.
Schwab, Walk & Candy,
1904 Conn. Ave. Pot. $3.50.
18th St. Commercial Property.
Within a few squares of Tivoh Theater.
rooms and baths. Well adapted to eco
nomical remodeling for business purposes.
but for sale at residential price. An excel
CHAS n SACEp
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-19
RENT-STORES.

RENT-STORES.
az N. CAPTToI,-LARGE STORE, NEAT
Govt. Printing once. 8 rooms; h. h.
cleo. cellar; SIS. So s3l N. Capitol st.
BASEMENT WITH SHOW WINDOW. SUIT:
O'clock, Arts Craft shop. 2s17 NJ st. 2ls
FOR RENT - s13 N ST. NV LARGE
store, 12S feet deep by width of 40 in front,
SIS in rear; suitable for furniture store or
other business: rent reduced; also apt. above
with 5 rooms and bath. j. LEO KOLB.
1237 WIS West nnn2
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-19
WANTEp-RusrNEss PRoPERrY,

WANTED-PAYING LOCATION FOR SMALL
bakery, rent not to exceed $50. Write Z. G
TORREY, 302s Porter st. NV. 20"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-19

VIII rooms and bath. ]. LEO kOLB'
fiO3 PENNA. AVE Sc.
Storeroom, l8x35, and cellar.
SIS 00--1006 EYE NV LARGE STORE.
6500-234 G n.e.-C0rner store.
100000 4Ia s.w.-Corner store.
25.00-80l 4th s.e-Corner store.
THOS. d. WALSH.
Sl5 18th st. NV. District 7558-7559
1900 G sW.-sToRE & DWELLING. $40 90
TIT 4th st. n.w.-Store. 4 r., b., cleo. IS 90
los H st. n.w.-Store, r. b.. cleo . 5000
1923 3rd st. s.w.-Store, rms water $3.50
1901 4l2 ST. s.w.-Store, IL r., b.. 5000
2Uub YIN ST. NV. .,...:.... SJOO
433 Az st. s.w.--Store. S rms. water. 30 so
JAMES F. SHEA.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-19

AUTO SALES ROOM.
On 18th St. NV.
Large store located in center of automo-
bile sales section available as of April !.
CAFRITZ,
300 GA. AVE. N,W-lst FL; STORE AND
show room NEUTRALITY-SUSPICIOUS.. $3.50. 90
i353-55 Kenyon st. NV. loo. 90
1910 eth st. n.w.-Store, 4 r., b., ami. 10000
1929 Tth st. n.w.-Store ana 2 noors
eooVs, .'.'.''.'.'''t' '''-.''. Sv'vyy
JUL Iztn n.e...s...,'' .''','' oo'VV
'S Gear Saraee .'."............ 80 $500
2s07 M st n,w-Store, 4 r., b..... $500
33O5 18th St ne NEUTRALITY-SUSPICIOUS.. IS 90
1856 Park I'd NV ................... so 90
6l2s Georgia ave Observation-Disclosures. 900
3629 18th st. n.e.--Store. .....,....... $500
1857 KENYON At. NV. ................ 5000
1908 18th st. ne. Observation-Disclosures. $500
1908 Florida ave nw............,.... 1000
i247 9TH st. NV Observation-Disclosures. 5000
a33 Hamilton st. n w............,.... 5000
230 H st. NV ......-........... 1000
b. F. SAUL Co,
National 2t00. 925 18th St. NV
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-19
WANTED--FARMS.

WANTED-TO RENT
stock farm in Maryland or Northern Vir-
ginia, suitable for raising horses. State
number of acres, stalls and water supply.
Address Box 1867, Star ONCE.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-19

RENT HOUSES-FURNISHED.
ATTRACTIVE, COMPLETELY FURNISHED
house, large yard; Apr. to Nov; terms; very
reasonable. Pot. 1924, 30l9 Cambridge FL NV.
20s
RNIsHED-SIX- ROOM HOUSE, FRIGID-
aire. hot-water heat, awnings in front, two
screened rear porches; will also rent un-
furnished. Col 32s7-J up till 8 pm. Rea-
sonabie. 20"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-19
$12,750.
Chevy Chase.
Ns1 H.

NEAR 18th AND SITS NE
rooms bath, h.-w,h.. electric lights; ex-
cellent condition throughout. Priced at
$500 for quick sale. Phone for appoint
ment to Inspect. Easy terms win be ae-
MAPLE a. JAMES. INC,
1925 i4th ST NV NORTH Oe62