davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-19
COMMON
STOCKS REVEALED
Study of Investment Trust
Reports Finds InduStriaIs and
Utilities Favored.

Seventy-seven investment trusts, with
assets in excess Of $1,000, 900, 900 and
representing SO per cent of the total
resources of all trusts, give a position of
greatest prominence to public utility
stocks. Now that practically all the i'm
portant trusts have published their
statements of condition as of the end
of 1929, a compilation of the stocks
appearing most frequently is possible,
and such an analysis has been prepared
by Clark, Dodge q Co. One hundred
trusts were examined, and of the n
which gave details of securities held, 40
had in their portfolios Consolidated Gas
of New York common. American Tele-
phone & Telegraph and Union Carbide
g. Carbon were tied for second place,
being included in AZ trusts. Electric
Bond g. Share appeared 40 times and
General Electric 81 times.
OF the 109 stocks occurring most fire.
quently in these n trusts, industrials
Of all classes total So, public utilities
"a, rails Is and banks 6. The analysis
points out the lack of uniformity of
opinion expressed in these reports, not
ing that only So per cent agreed on the
most popular stock and only so to SO
per cent on stocks as having the best
prospects for growth.
A list of 200 carefully chosen COM
mon stocks was checked against the
reports of these n trusts. AS result
table of 100 stocks was prepared in
the order OF the frequency of their &C.
currence. The first IS in this list, ar
ranged in the order of their popularity,
are as follows, the figures following
these stocks denoting the number of
trnsts holding them on December 81,
1929:
Consolidated Gas of New York, 40;
American Telephone. AZ; Union Car
bide. AZ; Electric Bond g. Share, 40
General Electric, 81; New York Central,
IS; Standard OIL Of New Jersey, IS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-19
Union Pacific
BY GEORGE I. HUGHES.

More than any other issue, Union
Pacific common stock is q diversified
railroad investment. 1t is this because
the Union Pacific has such large hold
ings Of other railroad stocks. 1t Is
interested in the Illinois Central, the
New York Central, the Baltimore q
Ohio, the Chicago 81 Northwestern and
to q less degree in the Chicago, Mil
waukee, St. Paul g. Pacific. Its largest
holdings are in Illinois Central.
The result is that Union Pacific
stockholders stand to profit by the
prosperity Of these other roads and
stand to lose by their adversely: 1t
will be noticed. however, that the STOCKS
of all the roads named, with the ex-
ception of the st. Paul. are seasoned
dividend payers, and that the outlook
for the st. Paul over the longer term
is distinctly encouraging
Union Pacific stock reflects in its
market price these advantages, as well
as the fact that 1t covers its current
$40 dividend almost twice over. The
stock sells for a price more than double
its par value and the direct income
return on shares purchased at prevail
ing market levels is around Az per
cent.
L his lS Tic phCLIlAuAl AlNCSOOAS a. :
willing to pay for the possibility OF
capital appreciation understanding full
we'll that they take the usual business
risk. This risk in the case OF the
Union Pacific is identical with that OF
the railroads as q group. If the car
riers as a class can earn a satisfactory
return on the capital invested the Union
Pacific will do the same and assuming
that the comparatively small yield on
the stock is acceptable, the only prob
lem the prospective investor has to
solve for himself is the outlook for the
railroads as a whole.
From time to time there have been
reports that the Union Pacific would
distribute to its own shareholders some
of the stocks of other railroads 1t owns.
These reports have never been encour-
aged by the management, and 1t is
safe to say they are unfounded. but,
whether the stocks are distributed or
not. the equity represented belongs to
the Union Pacific shareholders. Fur
Their testimony to the prosperity Of the
company is in the high price its pre-
ferred stock and its bonds command
in the open market. On the former the
Yield Is around 4.8 per cent and on
the latter it ranges between $50 and
ass per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-19
MERCHANTS 4 MINERS.

BALTIMORE, March 10 Especially -
Earnings Of the Merchants q Miners
Transportation Co. for 1929 were the
best since 1925, the year Of the Florida
boom, and freight tonnage the heaviest
for any recent year, according 10 the
annual report of A. D. Stebbins, presi-
dent of the company.
Net income was $1,176,55l, compared
with 1851, asa the year before, repre-
senting an increase Of $215,O97.
Though there was moderate decline
in passenger traffic, the steamship COM
pany's freight business rose substantial
ly, involving 1,058,783 tons, with rev.
enue of $6811,3 $40. This compared with
1854 tons with revenue Of &c.
466, 480 in 1928. Passenger revenue was
$1,519,097, compared with $1,585, 856 in
1928, and the number of passengers
transported was 59,937, against 81, 781.
Income from other sources last year
amounted to $87,577, making a total
gross revenue for 1929 of $8,501 ,003,
against other income of $45,770 and
total gross revenue of $S,186, 426 for
1928. Aggregate expenses for the year
were $7,324, ASP, compared with ST.
226,923.
The balance sheet disclosed current
assets Of 81 ,682 ,010 against current LA
bilities of 1868 400, leaving net working
capital of $1,118,610. This compared
with net working capital Of $377, $50 at
the end of 1928
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-19
BUILDING CITIES TO ORDER.

Summarizing city planning and
coming accomplishments In this country
the civic development department OF
the Chamber of Commerce OF the
United States lists BAL cities which have
coming ordinances in operation and S9
which are preparing ordinances, total
of $50.
A decade ago, in 1920, there were
only 80 cities with Ioning ordinances.
But this is only part Of the picture
CITY plan commissions have been estab-
lislned in ISL cities and regional plan
commissions in Is.
Comprehensive city plans have been
laid out or started in sac cities. In 206
cities comprehensive thoroughfare plans
have been started or completed.
In l6l cities park plans have been
started or completed, and in 1855 play
grounds have been established or are
under way.
The city Of the future will not be the
product of circumstance. It will
apparently, be built according to q
definite pattern.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-19
CERTAIN COMMODITY
PRICES IMPROVING

Commodity prices advanced one-tenth
of per cent during the week ended
March is, according to the wholesale
price index Of the National Fertilizer
Association. This advance was due
largely to butter, sugar, milk, apples,
oranges and petroleum. The recovery
in these items from the large declines OF
the past six months may not be per-
manent, but a real advance should
occur before many months.
Seven groups declined during the past
week. and only three advanced. Forty
three items declined, while only 20 adj
vanced. The declines occurred largely
in grains, feeds. cattle, denatured alco-
hol, cement, soft lumber, rosin, cotton
seed meal, superphosphate and textiles.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-19

Columbia Gas g. Electric, 81; Atchison,
90: Gillette Safety Razor, 20; Union
Pacific. 20; United States Steel, 29;
international Harvester, AZ; American
Can. 26; American Smelling, IS; Penn
sylvania. 26; United Gas Improvement,
rs; American Tobacco, "a: Common
wealth 81 Southern, "A; National Dairy
Products, "a; Gulf OIL, %; North Amer
lean, a. Public Service of New Jersey.
%; American Gas & Electric, %, and
Pacific Lighting, %.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-19
Baron on Carolina Farm.

GEORGETOWN, s. c., March 10 tE1.
Baron Eric Juel- Brockdorf of Copen-
hagen, Denmark, is conducting series
of agricultural experiments for DR..
Henry Norris, owner of q large estate
on the Waccamaw Peninsula. He will
pay no attention to the so-called money
crops, such as cotton and tobacco, but
will specialize in vegetables, fruits and
nuts
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-19

The Mems Stores buyers are in constant
touch with the leading Tie Manufacturers.
:. Our tie-silks are imported from 4 leading
French Looms , Italian Looms 2
English Looms and | German Loom.
:. The Mems Store carries stock of $500
ties. from which you may select ties to
express that which is individually you
:. The most up-to-the-minute patterns
stripes :. dots dashes /. and
plain colors are here in a diversified
collection.
;. "A wide range of colors. from the brightest
red to the conventional black. are in The
Mems Stores varieties
:. You may select from Foulards, Satins. En-
broidered and Figured Silks. and Knitted
fabrics.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-19
Stock Decrease Voted.

NEW YORK, March 10 (R.-Directors
Of the Aviation Corporation Of America
have voted to decrease the authorized
600 shares.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-19
New Arnold Glove-Grip and
Johnston & Murphy Oxfords

Wing Tips and Tailored Styles
Are Equally Smart
THE MAYFAIR an Arnold Glove-Grip
wing-tip oxford. in tan and black calf
skin. Medium narrow toe, leather soles
and heels ................. .$ll
THE OLYMPIC Arnold Glove-Grip
straight-lace oxford. in black and tan calf
skin. Leather soles and rubber heels.
Combination last ...............$ll
THE HIGHLAND Johnston & Murphy
Oxford-wing-tip style. in tan and black
calfskin .$l5
THE AMBASSADOR new custom-type
oxford made by Johnston & Murphy. 1t
indicates style trend toward the straight
tip, medium-toe models this season. .$l5
THE MEN's STORE, SECOND FLOOR.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-19
Our Ties Must Tie Better

-. The tie silks are carefully selected for their
smart patterns and heavy. durable
quality
;. Every handmade tie is made with the pat
. ented Resilio construction that resists
= wrinkles. (This is a silk thread that
holds the silk to its lining.)
;. Ties bought from The Mems Store will not
wrinkle up after few wearings.
:. However soft the material may be. it will
tie better because of the patented Resilio
construction.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-19
Tomorrow We Offer This Special Group of ;.
Silk Four-in-Hand Ties, CSC


resilient
winkling thus polonging the life of the tie
THE MEEss SECOND FLOOR
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1930-04-03
NOTICE OF REAL ESTATE MORT
GAGE FORECLOSURE SALE

Notice is hereby given that default
has been made in the conditions OF that
certain mortgage dated August 2Oth.
1924. executed by John Fl. Blumer and
Stella May Biumer, husband and wife. as
mort ga gors. to the State of Minnesota.
as mOrtgagee, filed for record in the Of
Pine County. State of Minnesota. on
October 18th, 1924. at nine O'Clock a. M.
and duly recorded i'm Book "64" of
Mortgages. on page f25 thereof; that
the semi-annual installments of amor
tiZed principal and interest for $9G.SS
each. due on August goth. 1929. and
February Goth. 1880. respectively and
to pay the taxes on the hereinafter
described mortgaged premises; that I'M
der the terms thereof there is actually
due and claimed to be due on said
mortgage. at the date hereof. the sum
of s2.905.2O. unamortized principal. to-
gether with interest thereon from Feb
ruary 2Oth. 1880. at the rate of five
the sum of $193.76. amortized principal
and interest. with interest on $9688
thereof since August goth. 1929, and on
S96.sS thereof since February goth. 1880.
each ut the rate of seven per cent. per
annum; and the sum of $234.11 for
taxes, including interest and penalties.
with interest thereon at the rate of
cember cath. 1929. in all the sum of
$3.36O.29. including interest on said
respective sums from said respective
dates ana at the respective rates as
aforesaid; that no action or proceeding
at law or otherwise has been instituted
to recover the debt secured by SAID
mortgage. or any part thereof; that
pursuant to the power of sale in said
mortgage contained, said mortgage will
be foreclOsed and the lands and prem
Uses therein described. lying and being
The South Half of the Southwest
Quarter (S1s of SWA) of Section Tween
ty-four (2D. Township Forty-five N5)
North Range Eighteen QS) West, con-
tanning so acres. more or less, according
to Government survey thereof.
with the Entertainments and appur-
tenances. will be sold by the Sheriff
Of the Court House. in the Village Of
Pine City. in said County and State. on
Friday. the 18th day of May, 1880, at
ten o'clock in the forenoon of that day.
at public vendue to the highest bidder
for cash, to pay and satisfy the debt
then due on said mortgage, including
said taxes paid. as aforesaid. and the
costs and disbursements allowed by law.
subject to redemption at any time with
in one year from date of sale, as pro-
vided by law.
Dated April End. 1880.
STATE OF MINNESOTA. Mortgagee
BY Department of Rural Credit
OLE o. SAGENG. Chairman.
Attest: II. II. FLOWERS, Secretary.
DEPARTMENT SEAL)
HENRY ~ BENSON. Attorney General
H. NJ. FEROE. Asst Attorney General
Attorneys for Mortgage.
Clio Hamm Building.
st. Paul. Minnesota.
april 3-May 81
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1930-04-03

positions to which they have been
elected by the people of the state of
Minnesota and we pledge ourselves to
the installation of a Budget System
i'm supervising the expenses of gov
eminent so that greater economy may
be had in the carrying on of the af-
fairs of the government
KILL
We believe in state supervision of
the sale of corporate stock in invest
ment securities by the Securities Com
mission, but we believe that the en-
ergies of that commission should be
concentrated upon the apprehension
and conviction of persons selling
stock and investment securities with
out a license in the state of Minnesota
and upon the supervision of cCrpo-
rations and persons to whom license
to sell stock and investment securi
terests of the industry may be ade-
quately and fully protected rather
than upon an attempt Gas is now the
case) to prevent legitimate business
men from engaging in legitimate
business enterprises in which the sub
scriptiOn of stock must be solicited
among limited number We pro-
pose that the law enforcement agen-
cies Of the state should be devoted to
Kidding the state of Minnesota of pro-
moters of so-called BLUE Sky" Sc
curities to the end that the moneys
which have heretofore been invested
under a Republican administration in
sO-called Blue Sky promotion
schemes may be used and devoted to
the advancement of legitimate bus
mess and legitimate commercial en-
terprises. In this way the people will
be protected against those hideOus
schemes countenanced by the Re-
publican party for six years, such
as 10000 Lakes Fur Farms and the
Cochrane foreign language newsl aper
swindle
XIV
Honest and conscientious toilers
should be protected against the un-
just, and arbitrary imposition of in
functions i'm disputes between en-
ployers and the employed. We advo-
cate suitable legislation that will in
sure to every person charged with
contempt of court arising out of la
Dor disputes, full constitutional
right of trial by jury and fur
Their than that we whOle-heartedly
assert that no injunction shall be
issued in a labor controversy until
and unless a full and adequate hear
ing shall first be granted those sought
to be enjOined.
XIV.
We believe that the government of
the state within constitutional limit
ations should by legislation favor
home industries over foreign in
dustries and we believe that in
our fight against monOpOlies of
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1930-04-03
ORDER LIMITING TINE TO FILE
CLAIMS AND FOR HEARING
THEREON

state of Minnesota. County of Pine. IS.
IN PROBATE COURT
In the Matter of the Estate OF ANE
MARIE HACE. Decedent.
Letters testamentary this day having
been granted to JenS j. Haue.
1T Is ORDERED. That the time with
in which all creditors of the above
named decedent may present claims
against her estate in this Court. be.
and the same hereby is. limited to three
months from and after the date hereof;
and that June 23rd. 1880, at one O'Clock
D. M in the Probate Court Rooms at the
Court House at Pine City. in said
County. he, and the same hereby is.
fixed and appointed as the time and
place for hearing upon and the eXamin-
alton. adjustment and allowance of such
claims as shall be presented within the
time aforesaid.
Let notice hereof be given by the pub
LEGATION of this order in the ASkov
American as provided by law, and by
mailed notice as provided by the rules
OF this court.
Dated March Goth. 1880.
COURT SEAL)
ALBERT JOHNSON,
Attorney for Representative.
ROBERT WILCOX.
Judge of Probate.
March 27-April 10.C
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1930-04-03
LEGAL NOTICES
CULVERT BIDS WANTED

Sealed bids will be received at the
office of the County Auditor of Pine
county, Minnesota, until April lith. 1880
at one O'Clock p. IN. for what culverts
viii be needed for Pine county during
the year 1880.
All culyertS either corrugated metal
or sectional concrete to conform to Min
nesota Highway Department standard
Specifications and subject to state in
Spection before shipment is made.
Bidders will inclose and attach to
their proposal. specifications covering
type of culvert bid on. Prices quoted
are to he +. y. Ii. such stations as
designated by the Engineer.
Bids must be accompanied by certi-
fed check for at least 100000 payable
to the County Treasurer of Pine Coun-
ty. The Board reserves the right to
reject any or all bids and waive any
defects.
BY order of the County Board
Dated at Pine City, Minnesota. this
nth day of March. 1880.
ANDREW Il. EDIN.
auditors SeaD County Auditor.
March 20-April b
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1930-04-03
WASHINGTON LETTER
Continued from Page ~

army. When these huge sums are
discreetly apportioned the legislators
are usually grateful and sympathetic
to projects sponsored by their mill
tary friends.
The handful of senators special
iZing in international affairs are grid
ing for the fight on the naval pact.
President Hoover regards as friendly
to the administration may turn him
down on his naval armament pro-
gram. The London meeting of the
World powers is not creating the
public interest that was anticipated.
Even in official circles there is con-
siderable confusion as to the program
of the American delegation. The lat
est anecdote now going the rounds in
Washington deals with this subject.
1t is reported that Mr.. Hoover at a
press conference told the newspaper
correspondents that consultative
pact would not be agreeable to the
United States. BY request the pres
ident was not directly quoted. The
following day the acting secretary of
state was interviewed on this pro-
posed International agreement as to
whether it was Objectionable to the
American government. This high
official let himself into an embar-
RAISING situation by classifying the
report as "just newspaper talk" His
interviewers then informed the Of
fetal that the talk originated with
the President of the United States.
The conferees representing the SEN
ate and the House have a tremendous
job on their hands to settle the diff
ferences between the two bodies on
the tariff bill. More than one thou
sand amendments were offered by the
Senate, the majority of which raised
the House rates. 1t is expected that
at least four or five weeks will be
required to adjust the differences and
then some time will be taken up by
the debate on the conference report
in the Senate and House. The tariff
has always been the football of poll
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1930-04-03
CITATION FOR HEARING ON PE1I-
TION FOR DETERMINATION OF
DESCENT OF LAND

State of Minnesota. County of Pine.
IN PROBATE COURT
In the matter of the estate of Elna
Larson. decedent:
The State of Minnesota to all persons
interested in the determination of the
descent of the real estate of said de-
cedent: The petition of Peter Nelson
having been filed in this court, repre-
senting that said decedent died more
than five years prior to the filing there
of leaving certain real estate in said
petition described. and that no will OF
decedent has been proved nor admin
StratiOn of her estate granted in this
state. and praying that the descent OF
said real estate be determined by this
court.
THEREFORE,. YOU. Are hereby cited
and required to show cause. If any you
have. before this court. in the court
house in the Village of Pine City. in the
County of Pine, State Of Minnesota. on
tn 21st day of April. 1880, at one o'clock
p. M. why said petition should not be
granted.
WITNESS The judge of said court.
and the seal thereof this cath day OF
March. 1880.
Court SeaD ROBERT WILCOX,
G. j. DODGE. Probate Judge.
Attorney for Petitioner.
March 27-April 10)
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1930-04-03
CITATION FOR HEARING on PETIT
TION FOR DETERMINATION OF
DESCENT OF LAND

State of Minnesota. County OF Pine,
IN PROBATE COURT
In the matter of the estate of Louis
Larson. decedent:
The State of Minnesota to all persons
interested in the determination of the
descent of the real estate of said deced
emit: The petition of Peter Nelson having
been filed in this court. representing
that said decedent died more than five
years prior to the filing thereof, leaving
certain real estate in said petition de-
Scribed, and that no will of decedent
has been proved nor administration of
his estate granted in this state, and
praying that the descent of said real
estate be determined by this court.
THEREFORE,, YOU, Are hereby cited
and required to show cause, if any you
have. before this court in the court
house in the Village of Pine City. in the
County of Pine. State of Minnesota, on
the 21st day of April. 1890, at one
o'clock p. m. why said petition should
not be granted.
WITNESS. The judge of said court.
and the seal thereof this oath day of
March. 1880.
Court SeaD ROBERT WILCOX.
c. j. DODGE. Probate Judge.
Attorney for Petitioner.
March 27-April 100
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1930-04-03
March 27-April 1O.C
CITATION FOR HEARING on PETI-
TION FOR PROBATE OF WILL

ESTATE OF AUGUST j. LUNDBERG
State of Minnesota, County of Pine.
IN PROBATE COURT
In the matter of the estate of August
j. Lundberg. decedent.
The State of Minnesota to all persons
interested in the allowance and probate
of the will of said decedent: The petit
ton of j. Gust SwenSOn being duly filed
in this court, representing that August
j. Lundberg. then resident of the
County of Pine, State of Minnesota. died
on the 18th day of September. 1928.
leaving IA last will and testament which
is presented to this court with said
petition. and praying that said instru-
ment be allowed as the last will and
testament of said decedent, and that
letters testamentary be issued thereon
TO j. Gust SwenSon. NOW THERE
FORE. you and each of you. are hereby
cited and required to show cause. IL
any you have. before this court. at the
Probate Court Rooms i'm the court
house. in the village of Pine City, cOun-
ty of Pine State of Minnesota. on the
18th day of April. 1880. at one O'Clock
p. m. why the prayer of said petition
should not be granted.
- WITNESS the judge of said court. and
the seal of said court. this 18th day of
March. 1880.
Court SeaD ROBERT WILCOX,
Judge.
(March 2O-ApIl -
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1930-04-03

all kinds, the Independent merchant
and banker has common cause with
us and we invite that group to join
with us in creating and building a
state government that shall not only,
within constitutional limit atiOns, favor
Minnesota industries over foreign in
dustries, but shall endeavor to curb
and restrain the monOpOlies in what
ever form or matter they are cOnsti
tuted.
XVII
We strenuously oppose the CON
solidation of railways and pledge the
facilities of this party to maintain
and preserve system of competition
in transportation endeavors.