davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1930-09-26
HYDE AWAITING.
GRAIN RULES
REVISION
Agriculture Chief WithhoIds
y. 5. Action to Give Trade
Board Chance to Clean Up

Secretary Hyde today settled
back to await action by the. Chi.
cago Board Of Trade on his de.
mand to clean up" the grain ex.
change and provide q fair and
free market.
The department will continue
its investigation Of alleged short
selling OF wheat by the Soviet
Russian government, but The next
developments will be in the Board
Of Trade and Fish communist in
vestigating committee.
The Chicago Board Of Trade
committee which came to Wash
ington yesterday to confer with
Hyde, Secretary Of Commerce La.
mont, and Chairman Legge, Of
the Farm Board, was due to lay
before its ruling committees the
result of the conference.
Wants General Revision
Secretary Hyde indicated that
he made formal demand on The
board to clean up the exchange,
not only with respect to the Rus
sian deal. but also in a rather
general revision of its rules.
While denying that he made
specific suggestions or that any
action was contemplated against
the exchange under the grain
futures act. Hyde said:
There is = very general
view that the best possible con-
troll Of business is control by
business itself. I'm going to
be contented, for the present,
with hoping that they win take
action themselves. II they
don't-as Kipling says, that's
another story"
@Hf the board bars Russian
trading win that provide fire
MARKET"
"No, 1 want to see what they
will do"
Hyde said he wanted, first, .
market fair between buyer and
seller, and, second, q market that
will protect farmers against that
sort Of competition which is exs
emplified in the Russian SOVIET
incident"
No Promises Given
Hyde got no definite assurance
from the committee headed by
Silas Fl. StraWn, counsel for the
Chicago board, he said. He ex-
pressed hope, however. that the
board will make changes in its
trading rules.
He mentioned that the board
now has two important questions
to be decided by members. one
involving reduction of contract
grades from II to 8 and an
other, prohibiting delivery on
track.
The Department of Agriculture,
he said, expects to find out defin-
itely whether the alleged short
selling by the all.Russian textile
syndicate continued over a period
of months.
The departments information,
he said, was that it continued
only four days, but he pointed to
statement of the syndicate head
that it had extended over q long
period. Hyde said he had not
heard that the statement has
been denied
Ired BY Senator Caraway
The Secretary flared up at
charges Of Senator CaraWay (Da
Of Arkansas and others that the
Soviet purchase incident Is q
smoke-screen to protect the farm
board from criticism. ne con.
tinued:
'It is true that the trans. .
action in itself does not ~.
count for the condition Of the
wheat market. but II "a one
more bear factor which ala
knock the price five cents n
four days"
Three RrnkprS HaIIad
The Washington times., 1930-09-26

movie capital
received an
other recruit
vest terd ay
when Jocelyn
Lee, motion
picture play.
er, was ad.
m tilted to
nj esmbership
via the count
route.
Miss Lee
has b en-
0ro ntad G14n
q week tenn
porary alimo-
nv nel16iinR
The Washington times., 1930-09-26

was three feet short and when
Sweetser sank his four-footer for
par Bobby faced the necessity
Of getting down with his three
footer. which he failed to do.
They halved the thirteenth in
par SIS. Jones remaining / up.
Jess got the better tee shot
here, his ball being only 10 feet
from the pin while Bobby's was
is feet away. Both then trimmed
the hole with their puts and
called it a half in threes.
The fourteenth was halved in
par As.
Bobby Again in Front
Both drives were down the
middle, but as usual Bobby's was
in front.
Sweetser hit a sound approach,
40 feet from the pin, but Jones'
rejoinder was beauty. only 10
feet away.
SweetSer's approach putt rolled
feet over the cup, leaving
Jones a great chance with his
10 footer for a winning birdie.
However, the ball hit the side
OF the cup and stayed out.
SWeetSer then had to get down
with his 8 footer, and he did.
Jones won the fifteenth with q
brides 8 against a 4. thus be-
coming 2 up.
Sweetser's drive sought the
rough, leaving him a mean shot
over the traps to the green. Bobby
saved himself a lot Of trouble
by hitting his tee shot down the
middle.
Bobby Scores Again
However, Jess came through
with a nice r1ashie shot out over
the hill and traps to within 25
feet Of the pin, only to see
Bobby smack a beauty that
stopped only feet away from
the flag. Then Jess missed his
putt by a foot. the bali laying
Jones a part stynie. However,
Jones paid this no heed, but
waiter his 8-footer down for a
winning birdie.
They halved in sixteenth in Is,
Jones remaining up.
Both we're nicely down the
middle, with Jones 20 yards in
front.
However, Sweetser hit a nice
crisp iron home. 20 feet from the
flag, while Jones' approach was
80 feet away. Upon which Bobby
hit the back Of the cup with his
approach putt from 80 feet and
Jess did the same with his 20
footer. the result being a half in
par As.
Jones won the seventeenth with
a par 8 to Sweetser's 4 and the
latter became down.
Here Jones got his tee shot
home, 10 feet to the left Of the
pin while SweetSer could do no
better than the apron in front
Of the green. Sweetser then
rolled his approach putt four feet
from the hole. but Bobby's putt
left him only a one.footer for a
winning par. He sunk it. Jesse
missed his short putt.
AT the eighteenth Jones got his
second home. while SWeetser's ap-
proach rolled over into a trap.
Sweetser Clipped on IL feet
away and missed the putt for a
par. Jones had q 15-footer for
a birdie which he didn't need,
and after rolling his approach
putt up to within a foot of the
cup he sank his next putt for q
! winning 4.
The Washington times., 1930-09-26

tion, received
a slight scalp
wound ere
We S t erd q y
W h e n h er
plane crash.
ed as she was
landing it at
the Hampton
Reads Naval
Air station.
Too sudden
and vigorous
application Of
the brakes on
t h e ship
ca Sed the
The Washington times., 1930-09-26

ella i'm S 156
years of resi-
dence on this
earth, is near
tin ction,
according to
physic clans
who are at
tending the
q 6 e d man
who is in
e critical con-
dition in his
hotel suit .
suff rim g
from internal
injuries and
possible frae-
The Washington times., 1930-09-26
BANK STATEMENT

New York Clearing House ex-
change, $l.24S, ,00O, 900.
New York Clearing House bal
ance, $210,000 900.
Customs receipts, sac, ,T82, ,95e.04,
= Treasury balance, $S37, ,346, S.0l.
The Washington times., 1930-09-26

age over the
IA q trimonial
seas through
her marriage
to Hall Clovis,
opera star IN
Chicago.
Miss Steele
was married
in Paris In
1910 to Count
Jean de la
Greze. fhey
were divorced
10 years later.
Her second
husband was
Tlr Ynaiia Tlil.
The Washington times., 1930-09-26
Amelia E0rltal't Hurt
When Plane Crashes

NORFOLK, Va, Sept. 26.
Amelia Earhart. transatlantic
flier and assistant TO the gen
eral manager of the Transconti-
mental Air Transport Corpora
The Washington times., 1930-09-26

ELEANOR STEELE IT. LOUIS I gu-
bonesset, also Of France. Her
marriage to Hall Clovis was
announced yesterday BY her
parents, Mr.. and Mrs. Charles
Steele.
The Washington times., 1930-09-26

lures OF the SkIlU ana legs
suffered when he was swept
from an ISLAND" sidewalk by
q hit-and-run n1otorist last
night.
The Washington times., 1930-09-26
JOceLyn Lee Granted
500 a Week ALimOny

LOS ANGELES, Sept. 26
lI.NS1.-The ranks Of the ali
n1ony receiving squad Of the
The Washington times., 1930-09-26

PEOPLE
Who Interest
You and
the Things
They DO
Eleanor Steele, Opera
Star, Weds Another

NEW YORK, Sept. 26 (I.N.sl.
Eleanor Steele, opera singer,
has embarked On her third voy-
The Washington times., 1930-09-26
Faro AghU, Ancient
Turk, Hit By Auto

NEW YORK, Sept. 26. The
extended career of zaro Agha,
the Turkish Methusaleh who
The Washington times., 1930-09-26

Any man can sit in d, chair and by
close concentration worry himself sick
in ten minutes. Little molehills grow
into mountains if you let them, yet they
are STILL molehills. The only change
that takes place is in YOU.
Worry never made anybody healthy,
wealthy or wise. It solves no problems,
gets you nowhere, helps you not at all.
Forget your worries, throw them off
The Washington times., 1930-09-26

the outcome of her divorce suit
against her husband, Luther A.
Reed, film director.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-27
| RAILROAD EARNINGS
SHOWING INCREASES
Carriers Offset Shfinkags in Reve-
nues by Better Control
Of Expenses.

Special Dispatch TO The star.
NEW YORK, October 27.--Some
encouragement to holders Of railroad
securities IL offered In the net earnings
for the month Of September which, in
o number Of cases, are larger than those
for the same period last year. This
reflects the growing ability Of the car
riers to Offset the continuing large de-
creases in gross revenues by q better
control Of their operating expenses.
Two roads making their reports to-
day, and previously having shown large
monthly losses in net operating income,
namely Atchison and Great Northern,
were able to indicate net gains. Both,
however, have heavy shrinkage in the
item applicable to dividends covering
the nine months period to September
80.
It Is the general expectation that In
the December quarter this control Of
operating expenses, together with COM
parsons with the period last year when
railroad revenues started their decline,
the net results of all of the American
roads will be relatively the best for
1890, In spite Of the fact that gross
earnings are still declining and railroad
car loadings this month have been
smaller, not only than in 1929, but In
the same period Of 1928.
Last Spring and well into the Sum
mer, the decrease in net earnings for
the class one roads ran to as high q
monthly figure as 80 per cent. In the
month Of August 1t was 27.21 per cent,
with gross receipts OF about 2l1k per
cent The roads that have 80 far re-
ported for September show an average
decrease considerably less than that for
the month previous. From present ina
dications the final figures viii be be-
tween is and Is per cent.
In addition to the reports Of the
Atchison and Great Northern published
today, roads whose statements attracted
most attention were the Pennsylvania
Railroad, New Haven, Baltimore ~
Ohio, Burlington, Chicago & North
western, Illinois Central and Louisville
q Nashville.
(CopyrfRht 1o90O
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-27

shares in connection with acquisition
OF SWan-Myers Co. of Indianapolis.
American Bank Note third quarter
earnings, 68 cents common share
against l.30 year ago: nine months
$3.50, against 1888.
Anchor Corporation third quarter
earnings, $l.06 common share, against
Sl.S6 year ago; nine months, s3.1O.
against $3.07. TO'
Barcelona Traction. Light & Power
september net, before depreciation. in
terest and amortiz, up l79 per cent:
nine months, SO per cent above year
ago.
Borg Warner Corporation third quar-
ter earnings, IL cents common share.
against 81 "A year ago; nine months,
$l.93, against $5.05.
Detroit Aircraft untitled orders on
hand total $1,119840; commercial or
ders received in first "a days october
totaled $141, 240, largest booked in any
ike period since organization.
Empire Steel Falcon plant resumes
operations after shutdown of several
weeks.
Erie Railroad third-quarter earnings
30 cents common share, against 81 70
year ago; nine months, 10 cents, against
$409.
Fanny Farmer Candy Shops Septem-
Der sales off Al per cent; nine months.
as per cent below year ago.
General Motors German subsidiary to
make Frigidaire units for European
markets.
Great Northern Railway September
net operating income up to lO2 per
cent; nine months, 1872 per cent below
| year ago.
Illinois Central Railway September
net operating off 14.4 per cent; nine
months. % per cent below year ago.
Maine Central r. r. third quarter
earnings 1893 common share, against
$3.50 year ago; nine months, 1925,
| against 1925.
| International Great Northern Railway
had deficit $160,797 in third quarter,
against profit $189,564 year ago: for
nine months had deficit $1,193, $50,
| against deficit $336,319.
Lily Tulip Cup starting night shift
at largest plant November l to build up
inventories now rather than early next
year; step taken to assist in overcoming
unemployment.
Maytag Co. third quarter earnings 8
cents common share, against 80 cents
year ago; nine months, So cents, against
| $235.
Missouri Pacific r. r. third quarter
earnings $209 common share, against
$5.3l year ago; nine months, $2.77
against STAB.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-27
DECREASE IN TURKEY
PRICES IS FORECAST
40 to IS Cent Retail Market Is
Expected by Local
Observers.

Cheap prices for Thanksgiving turkeys
already are being forecast by local
wholesalers. In q recent Government
report it was set out that 40 per cent Of
supplies viii be ready for the Thanks
giving holiday season and dealers be-
lieve the percentage win be even higher.
at looks very much as II there will
be q 40 or Is cent retail market during
Thanksgiving" suggested dealer this
morning.
Because Of the scarcity of feed In the
nearby States, the dealer stated, raisers
probably Will want to get rid Of a. many
turkeys as possible for the Thanksgiving
market. He suggested that Texas tur-
keys will wholesale as low as 80 cents.
It Is stated that some local dealers al
ready have submitted bids for supplies.
OF turkeys to be delivered during the
Winter season, prices in some instances,
1t Is stated, being under 40 cents.
Prices of other poultry at this time
are cheaper than they were this time
year ago, according to dealers, prices
usually being cheapest during October,
November and December than during
other months. Packers In the West, It
is stated, are storing chickens, especially
roasting stock, for their late Winter and
Spring trade.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-27
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS

NEW YORK, October 27.-The fol-
lowing Is a summary of important cor
poration news prepared by the Stand
ard Statistics Co., Inc, New York, for
the Associated Press:
Weekly News Review.
Commodity and stock prices were
mostly higher last week. Quotations on
the Stock Exchange touched new lows
on Wednesday, but recovered briskly
during the last half of the week. The
index Of prices Of 90 representative
stocks gained SO per cent during the
period. Bond prices, with the excep-
ton Of the foreign section, were gener-
ally lower. The average price for 80
high-grade bond issues established a
new low level for the year on Friday.
Recent movements in the bond list, 1t
is believed, have been influenced largely
by the weakness in stock prices, i1ves-
tors transferring their funds to protect
their equity holdings or to take advan-
tage of the attractive common stock
yields.
Current Yields.
Current return in the case of ap-
proximately two-thirds Of the dividend
paying common stock traded in on the
New York Stock Exchange with a fair
degree of regularity is now in excess
Of per cent. OF the 735 stock issues
which changed hands on the exchange
in the week before last 473, or 64.4
per cent, are currently receiving cash
dividends. Based on closing prices at
the end of that week, which, on the
average, we're slightly below those at
present prevailing, yield exceeds pei
cent in the case Of 314 issues, or 81
per cent of the number now on a divi-
dend basis. On more than quarter
of the total number the return is IN
excess of 10 per cent. While unusually
high Yields, in most cases, Is q danger
signal and foreshadows adverse dlvi-
dend action, In the present instance
attractive returns in a number OF In
dividual issues may be attributed tc
general market conditions. rather thar
| to lack of intrinsic merit.
Relative stability OF commodity price
over the past month has evoked the be
| lief In some circles that the down trent
/ has been halted. With the exception
l Of weakness In coffee and coca prices
| due to recent developments In Brazil
and further reductions in crude oil ant
copper, prices Of principal commoditie
| moved higher last week. The latest re
/ duction in copper quotations Is aScribe'
| to further weakness of the statistica
position Of the industry through failur
| Of producers to reduce production .
levels near current consumption. TIL
weakness In crude prices is due chieh
to softness in the refined markets. wher
gasoline quotations in some instance
are at their lowest in over 10 year.
Advance in cotton contracts last wee
averaged more than 10 points. or owe
$3.50 Q bale. This movement was prin
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-27
INVESTMENT BOND
| LIST SHOWS GAIN
High Grade Issues Are
Strong on Steady Buy
ing Volume.
BY F. HI. RICHARDSON.

Special Dispatch to The Star.
NEW YORK, October 27.-High
grade bonds were strong today under a
steady investment demand, but the
rest of the list had an irregular tone.
South Americans were strongly sup
ported in London, but reports of dis
sension among the revolutionary forces
in Brazil limited the advance here. The
return of j. T. Lang and his State
Labor party in New South Wales was q
bearish argument for Australian bonds
because of Lang's radical views and his
opposition to proposed economic reforms
in that dominion. German issues were
1rm and so were French descriptions,
put there was some weakness among
Central European credits. Railroad
earning reports had a dampening effect
on the domestic list.
Money rates were unchanged and
volume was off.
At the opening there was some hesita-
ton in Brazilians, the market being in
DOUBT as to the ultimate trend. Rio de
Janelro Is opened of points and the
coffee loan was heavily liuuidated for
l " points loss, but subsequently small
advances in Rio de Janeiro 6I5s and
Brazil 612s and IS gave the group a
firmer appearance.
Argentine IS were unchanged. Chile
IS dipped slightly. Bolivian bonds were
dull. Colombians dropped, while Perus
advanced. There were fractional re-
cessions in Japanese issues.
Despite the irregularity in stocks,
convertibles made good showing. Al
leghany IS of the 1914, 1949 and 1850
maturities were strong, continuing their
recoveries of last week. Baltimore &
Ohio 412s, Southern Pacific AIS and
General Theater Equipment IS all i'm
proved. International Telephone con-
vertible AIS were off shade, but the
debenture IS OF the same company
scored an advance.
Prime issues like Baltimore & Ohio
first As, Canadian Pacific Is, Frisco A
As, Chesapeake & Ohio B AIS, Chesa-
peake Corporation SIS, Duquesne Light
4l2s, Columbia Gas IS and Utah Power
& Light SIS advanced. United States
Government obligations were of very
slightly from their high levels.
September railroad earning reports,
out in quantity today, were in accord
with advance estimates and the mar
ket'S expectations, so there was no gen.
eral liquidation of junior obligations
of the carriers. A few like Chicago &
Eastern Illinois SIS, st. Paul Adjust
ments, st. Paul SIS. Rock Island AIS
and Missouri-Pacific As made small
gains.
Industrials were ragged. Pathe Is,
Goodrich IS and American Sugar IS
were higher, while Fisk IS, Goodyear
IS, Sicily Oil 51as and Brooklyn-M Man
haitian Transit IS sagged. National
Dairy Products 514s were active and
steady
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-27

cipally the result Of extensive covering
by shorts, stimulated by recent in
creased buying by domestic and foreign
trade interests.
Money Rates.
Money rates were unchanged. The
official charge for call money remained
at 2 per cent, but towards the close of
the week fune:s were in abundance out
side the exchange at IA per cent.
Brokers loans, for the fourth successive
week, registered substantial decrease.
Net decline amounted to $139, 000, 600 and
brought the total drop in past month to
$609, 10000
Aggregate borrowings by brokers
through Reserve numbers in New York
district are now at the lowest levels
since November, 1926 and more than
$4,000,00 less than at this time last
year. Such steady contraction In brok-
ers' borrowings reflects liquidation by
marginal traders the passing Of stocks
into the hands of those who cannot be
forced to sell.
Industrial indices published during
the week were again generally OF an
unfavorable character. Operations in
the steel industry declined to 50 per
cent of capacity, compared with So per
cent in the previous week and 56l
per cent prior to that. 1t Is now felt
that little Roadway toward a higher
level of activity through the close OF
the year can now be anticipated for
this industry, in fact, it is probable, fur
Their gradual recession Will be witnessed.
Freight car loadingS after expendlng
sharply in the week ended October 4,
declined by 1858 cars to total 954, 874
in the following week. Aggregate was
1911 per cent below the like week OF last
year and 1913 per cent smaller than In
similar week Of 1928. These are next to
the largest decreases for any week this
year. Automobile production continues
toward lower levels.
However, electricity output was in
creased in the week ended on OCTOBER
10 to 1,7l0,258,000 kilowatt hours from
1,703, ISL 900 in the preceding period
Production remains about 3.5 per cent
below last year, but moderately higher
than in 1928 period. Building awards
continue the upward trend begun this
month. In the week Of October IL let:
averaged $l5,735,10 daily, a gain Of
100000 over the average in Septem'
Der.
Quarterly Earnings.
Analysis of the quarterly earning:
statements of lib industrial corporation;
now available for the first nine month:
of 1880 shows a progressively lowel
level Of aggregate income, both from the
standpoint of actual dollar volume dur
ing the year and on comparative basi:
with the previous year. Aggregate re.
turns of these companies for the Sep
TENDER quarter show a decline Of 36.(
| per cent from last year. In percentage
comparison with 1929, combined profit
| in the first six months for 30 industrial
companies declined by but 81 per cent
Division of this comparison by quarter
shows the decrease in the second quartel
exceeding that of the first three months
| It is expected that aggregate result
for the full nine months will fall abou
| 35 per cent below returns in the likt
period of 1929.
Abbot Laboratories 70 issue $4,000
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-27
B. & o. NET OPERATING
INCOME SHOWS INCREASE

Special Dispatch to The Star.
BALTIMORE, October 27.-For the
second consecutive month net railway
operating income of the Baltimore &
Ohio Railroad Co. for September showed
an increase over August, which was the
best month so far this year, with q
total Of $4,475,672, which was an In
crease Of $2.444 over August, but de-
crease Of $7.907, 1870, compared with
September, 1929.
Economies In operating expense:
brought about a saving Of SO. ,006
being Si2,1i5,7OS last month, compared
with $i5,303,7I6 in September, 1929
For the nine months period ending
September 80. the report Just made to
day shows railway operating revenues
cs el5e,e57,T20.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-27

One and three-fourths acres planted
in watermelons netted n. M. Kerr.
Oklahoma farmer. $3.50 this year..
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-27
CHECK TOTAL GAINS.
81 the Associated Press.

Checks on individual accounts In
creased per cent last week as compared
with the previous period, but showed
decline Of IS per cent under the
total for the same week last year. The
totals that follow give the debts at
leading cities, from comparable periods,
as reported to the Federal Reserve
Board:
Week ended October ~. .$l3, 22s, 052 900
Previous week. .......... 12,774, T83 900
Same week last year. 20, 32S, 234, 600
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-27
BROKER FIRM SUSPENDED

NEW YORK, October 81 Especially -
The New York Stock Exchange an
nounced at 10:45 am. today that the
member firm of C. Clothier Jones &
Co. had been suspended for insolvency
The firm has Offices at 81 Broadway
G. Clothier Jones is the head of the
firm. Other partners are Raymond
Heber Bailey, John Bell HUM and
Nelson H. Gildersleeve. John Bell
HUM was the floor member. Mr.. Gil
dersleeVe was a special partner.