davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1930-08-14
.|FARNER GROUP
STUD|ESFEED

COLLEGE PARK, Md, Aug. IA.
Different methods of marketing
and problems confronting the
farmer were the topics to. which
the second day of the Farmers
Marketing Conference was de-
voted, at the extension depart
ment of the University of Mary
land.
The question of local condi-
tions and the possibility of seek
ing outside aid in the matter of
feed for Stock, as the result of
the intense drought, had not come
UP officially at the session this
afternoon, but will porbably re-
ceive general consideration at the
meeting tomorrow.
Farmers in every section Of
the State are attending the con-
ference and will give their own
versions of conditions in the va
rious sections of the State at an
open discussion tomorrow.
DR.. T. B. Symo1S, Of the exten-
sion department Of the university,
was the principal speaker at the
meeting today. He spoke on mar.
keting conditions and plans for
bettering movements Of produce
in the State. He also called on
the farmers TO check on condi-
tons in their sections and make
q fun report % the conference.
The Washington times., 1930-08-14
Here and There

I am told that Allied Chemical
is vulnerable, and that it~is apt
to have a bad break. One smart
statitician, who called the turn
in the slump on Case Threshlng,
believes Allied Chemical is headed
for 200. u. S. Pipe and Foundry,
Borden and General Asphalt
haven't been acting well and
seem headed lower. :. There Is a
lot of bearishnesS around about
American Rolling Mills. Earnings
for the first six months were only
98 cents a share. The stock was
highly bulled last year. It is one
to stay away from for the time
being. .Atlatic Refining has been
acting we'll. So has Texas Gulf
Sulphur. Morgan has large in
terest in the latter, I am told.
Eearnings are showing real sta
bility. Childs made another new
bottom and looks lower. Johns
Manville is expected to be way up
front in the anticipated bull mar
ket next spring. It met good
buying around 80, as predicted
here.
The Washington times., 1930-08-14
PROFITS
HOLD Up

While profits Of the leading
preparers Of medicinals and
pharmaceuticals have undoubt-
edly been adversely affected by
the indicated decline in sales,
such effects have been only
nominal, and first haH-year
profits averaged only slightly
smaller than those of a year
earlier, says the Standard sta
tistics Company. of New York, in
a survey which follows, in part:
These relatively favorable
results have been allowed by
the very nature Of the drug in
dtIstry which, due to small
plant and labOr requirements,
can quickly readjust operations
reduced buying schedules
athOut . major disruption OR
profits"
The Washington times., 1930-08-14
Market Ripe Bull Movement Despite Rally Spectator AUes
Trade With Russia
Jumps in First
Half of Year

Foreign trade slumps to all
principal countries excepting
Soviet Russia were announced
by the Commerce Department
today for the first half Of 1880.
Russia's requirements of Am
erican goods took a remarkable
jump from $50, ,874, 900 in the
first half Of 1929 to $73,231 900
in the same period this year,
in spite of the widespread agi-
tation directed at Soviet bust
ness In the United States.
The United States, also
bought more goods from Russia
during the period. Imports
from the Soviet amounted to
$11,211,000, an increase Of
about $1,0O0,0 900.
A number of restrictions were
placed against Russian imports,
but in each case, when the
matter was brought UP in.
public hearing, the embargoes
were lifted.
The Washington times., 1930-08-14
Debated

If there are any groups on the
big board that are somewhere
near bottom, they are the coppers
and the oils. The former have
been weak the past two days on
further increase in the huge
stocks on hand during July.
: ! believe this will be the last
bit of bad news for the red metal
shares. July production shows a
further decrease and well-informed
observers believe the production
situation is now well in hand
American Smelling, Anaconda.
Kennecott and International
Nickel should begin working their
way upward soon.
The oils had more good news
in a further decrease in stocks
of both crude petroleum and
gasoline. They seem to have cur
kailment under control, too. 7
believed Jersey Standard Stand
ard of California, Continental
and Sinclair are a buy now.
Even though the may go lower,
Ehey are fairly priced. The Sin
clair merger deal is out Of the
ibag and the stock looks cheap.
Mexican Seaboard and Houston
good bet though speculative.
National Power has been an
outstanding strong spot in the
utilities. It held a good part OF
The Washington times., 1930-08-14
Steel News


The Iron Age report yesterday
was disappointing as forecast here
& Tuesday. The most disturbing
: factor is the weakness of steel
: prices. This means that even
when operations pick up profits
will be smaller.
Earnings of the major steel
!. companies for the rest of the
year will probably have to be re-
vised downward, but companies
like U. S. Steel and Bethlehem al
most earned their dividends in
the first half and the rest of the
year should add a comfortable
margin. Bethlehem was especial
ly weak yesterday, sinking below
the November panic bottom. How.
ever, the big steel companies will
make money If any industry does,
and they should do better next
year. Consider the leaders attrac-
tive on further weakness.
The Warner Brother situation
as clearing. New bankers have
entered the picture and the finar1-
'cing program is about ready to be
launched. The company should
be able to earn between SO and
. So a share in a normal year on
even a capitalization of close to
a ,O0O, 900 shares of common which
would make the stock fairly
= priced at present. However, I ad-
wise waiting until Warner finds
its level market-Wise and quiets
down. Strength the past two
days has been mainly due to
short covering.
The Washington times., 1930-08-14
CO.
PREDICTS RISE

SEATTLE, WASH. Aug. IA.
Net profits and gross sales Of the
Carnation Company, Seattle. and
Oconomowoc. Wis, for the first
six months of 1890 show a sub
stantial increase over the same
period in 1929, officials of that
company announced here today.
Since it has been the experience
Of this concern that business in
the second half Of the year is
the more profitable, the full year
1880 is expected to show a salts
factory increase over the previous
record year Of 1929.
Dividends are being paid on the
common stock at the annual rate
Of $50 a share. In addition ]
per cent stock dividend has been
paid on two semi-annual periods
and a third has been declared pay
able January /, 1881.
The Washington times., 1930-08-14
COPPER STOCK
| HITS BOT TOM

NEW YORK, Aug. IA QN.S0.
Copper dropped to a new low to-
day when reports In the financial
district credited custom smelters
with selling the red metal at 1914
cents q pound. Large producers,
however, are said to be holding to
the 11-cent basis.
Copper shares have been per-
sistently weak in trading on the
New York Stock Exchange over
the past few days. In early activ-
; -aty today, common shares of Ana
conda, Kennecott and other i'm
portant copper companies were
quoted at close to their lowest
levels of the year.
The Washington times., 1930-08-14
Think ADVANCES
NOW NEARING PEAK
Steel News Disappointing; Warner Brothers
Clearing; Copper and Oils Near Bottom;
4 Price Cuts Hurt Motors
Nv THE SPECTATOR

The shorts beginning to get out from under They
started covering yesterday and the market They found
crowded and decided to play safe Reports OF
buying when stocks weakest also made them
uncomfortable.
The rally should go further today technical
grounds There still lot Of bears both big and
little However advise my readers not to
follow the bulge Some Of the big fellows have begun TO buy
follow stocks from what hear great
many rally hasn't much further to for the
time being.
pointing steel automobile price reductions This no
Sprngboard bull Let stocks find their level Let
them drift bit Wait for the air to clear still feel
there will be plenty of time to pick sound stocks at an at
tractive price before real advance gets underway
The Washington times., 1930-08-14
RAILROAD GIVES
FEED SERVICE

The Northern Pacific Railroad
today received permission from
the Interstate Commerce Com
mission to make Immediately ef.
fcctive grazing and Feeding in
transit privileges to cattle and
sheep shippers in western terri
tory.
This action was taken because
of drought conditions prevailing
in q number Of Western States.
The railroad will allow shippers
these special privileges under
which herds Of cattle and sheep
may be stopped In transit for
grazing and feeding for indefinite
periods before reaching the pri.
mary market.
The Washington times., 1930-08-14
Deal NeLU Director
of Northeast Bank

w. w. Deal, local mortician,
was elected to membership on the
board of directors of the North
east Savings Bank, this city, at
the recent annual meeting OF the
board. .-.
Deal is well known in the bust-
ness and civic life Of the city,
having been engaged in business
here since 1909.
The Washington times., 1930-08-14
Stockholders
SUE KRESS.

Three minority stockholders Of
s. H. Kress and Company, Inc,
have brought suit in the Supreme
Court of New York county
against the company, three Of its
directors. and the John Franklin
Corporation, the last named Of
which is alleged to have sold large
amounts of real estate to the
chain store.
The complaint alleges that the
three directors own 80 per cent
Of the stock Of the John Franklin
Corporation and that as result
Of their intimate knowledge Of
the requirements of s. H. Kress
and Company for new store sites.
they were able to have such
prospective properties bought by
the Franklin Corp.
The Washington times., 1930-08-14
Wilmington
To Buu Radio Co.

A special meeting OF Sparks
Wilmington Company stockholders
is called for September 13 to act
on a proposal to acquire assets
and business Of Carbon Phono-
craft Corporation, manufacturers
OF radio tubes. Carbon stock
holders will vote on the proposal
IN Sentemher Is.
The Washington times., 1930-08-14

234, ,854 Out of Jobs
In City of Neuc York

There are 234,854 residents of
New York city out of work and
seeking jobs, the Bureau of the
Census reported today, those job
less comprise 34 per cent of the
city's population of 6,959, ,195
persons.
Unemployment in New York's
boroughS: Bronx. 37,074: Brook
1yn, Sl.265: Manhattan, S6,299:
Queens, 25.142; Richmond, sofa.
The Washington times., 1930-08-14

it's sharp advance last month
during the break of the past week
despite the fact that most OF the
other utilities acted as though
the skids had been pulled from
under. National will probably
figure in a big deal this year.
I wouldn't touch it yet, as I
believe the utilities win get
slammed some more and Ma
tional will go with them. also
heard there was smart selling in
National at higher figures.
The Motors
Price cuts by General Motors
and Hudson were a sour mouth
full for the automobile stocks.
The reductions were somewhat
Of a surprise to the street, as
many believed the industry had
reached D stabilization point.
The tape says there is more bad
news ahead for Chrysler, Hud-
son, Hupp, Nash and Studebaker
are selling at an abnormally high
yield. General Motors and Au-
burn are different. The former
has been acting impressively and
should be q leader on upside
when the turn comes. This is
bullish for DUPONT, and I believe
the latter is a good buy around
100. Auburn seems to meet sup
port when it gets down to near
100, and is a good speculation
around that figure.
I hear more bullish talk about
Worthington Pump from those
close to the inside. The company
has the management and the
business, I am told, and may
pile up record earnings for the
year. There was smart buying
in the stock yesterday when it
dipped to about 100.
The Washington times., 1930-08-14
LOCAL STOCKS

FURNISHED by w. 3. Hibbs & Cob
SALES
Capital Traction Company, 20
SO: 10@62.
Potomac Electric, 51as, pfd., 10
0108K.
AFTER CALL
Capital Traction, IS, $1,000 093
Washington Gas, IS, $4,000
1O4A; $1,000 10334.
Potomac Electric, IS, pfd.. SO
11OA.
Potomac Electric cons, IS, ST.
O0O@ 1929.
Potomac Electric, IS, pfd., 20
11OA.
CANCELLATION
The sale as of yesterday, Wash
ington Railway and Electric, pfd.
4@9SA: 10@9S34, has been can
celled today.
The Washington times., 1930-08-14

Your home is what yoH make IL and
II you own your own home. IT'S
bound to be q real one. For selection
OF attractive home buys see tOday's
Classified Ads.
The Washington times., 1930-08-14

New homes and used homes. offeTina
all the pleasures of home ownership
are advertised for sale in tOday's Clas-
Sified Ads.
The Washington times., 1930-08-14

xEx-dividsnd.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-09
B. Stout, Pioneer Genius of Flying,
Here Gives an Unusual Forecast of
A1iation, Declares the Se0en Hundred
and Fifty Million Dollars M7ested in the
7aoo Boom Years Of Ai,mindedness Haze
Not Had Time to Produce AnythiMg Ne1O.

peats, lis what we have to acheve-nOt size"
And the plane that will reach over long dis
tances practically and profitably won't be any
of these huge monsters that are being planned
today but smaller, more efficient types that
are still to come out of the research labora-
tories
In this Stout sums up his idea of the direc-
ton aviation should take-in fact, will take.
For Stout is a positive personality. He says
what he believes in short, crisp sentences and
he doesn't hesitate when he makes a predic-
ton.
There's no reason why he should be hesitant
about this subject, Nor Stout has grown up
with the airplane.
1t he who startled experienced aero
nautic designers with his principle of the thick
winged monoplane opposed to the biplane
with thin WINGS and 1t was he again who
caused the engineers to take notice when he
showed them his designs for an internally
tussed monoplane.
The great Ford tri-motored airplanes that
ny the Stout Airlines-his own transport serv-
1ce-are products of these ideas and his third
significant notion-that of al-metal construc-
ton.
So Bill" Stout having accomplished all this,
is In an authoritative position to say whatever
he thinks. Sometimes what he says is not to
the liking OF most others in the industry But
"Bnl' Stout is of the type that hews to the
line.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-09

This industry is only per cent developed"
he remarks. "Ninety-six per cent Of the air
plane is yet to be designed. How can we base
our hopes in the huge 1O0-paSsenger airplane
when We don't yet fill the 2O-passenger ships?
We must advance in more easy stages.
The airplane Of the future won't look at an
like the plane of today. We're building kites
now!"
TT is difficult to pin Stout down to a descrip-
ton Of what the future airplane will look
like, but he does say that it will have at least
twice the performance 1t shows today that 1t
will have much greater cruising speed and
longer range, that it will be Of all-metal con-
struction, and that its efficiency throughout
will far exceed that of today.
AS for the large airplane-that of 1OO-pas-
senger multi-motored type-Stout can't see
it as a commercially profitable and practicable
possibility, at least for the coming generation.
"Of course we'll have larger airplanes than
those we're flying commercially today" he
says but the largest won't for a while carry
more than SO passengers, probably not far
beyond 80.
1.-THE 100-paSsenger ship is today wholly
impractical. Five 20-paSSenger ships would
carry the same number of people much cheaper
than one 1O0-pasSenger ship and for a longer
range. Furthermore. you wouldn't have all
your eggs in one basket in case of a crack-up"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-09

III TO sound a warning against what
4 may be too optimistic view of the
- practical possibilities of the air
plane.
1t is note of the smashing of idols, the
cry of an iconoclast in the midst of pleasant,
lulling satisfaction the way aviation has
progressed so far and the direction it is going.
The man who sounds this discord is of
the greatest and most respected aeronautical
engineers in the United States, if not the
world He has lived and prac.iced aviation
ever since his early youth and has accom-
plished as much as any other aviation en-
gineer in the world-if not more.
He is William B. Stout of Detroit-automo-
tive and aeronautical engineer, whose name
emblazons two successful air lines between De-
troit and Chicago andsNbetween Detroit and
Cleveland, and whose all-metal tri-motored
ships carry passengers, mail and freight over
many other air lines and for many a private
individual and commercial firm.
"RILL" STOUT as he is known throughout
the automotive and aeronautical industry,
is the aeronautical iconoclast. While he
watches other great aviation engineers build
promising idols devoted to the huge and multi
powered airplanes, the mammoth dirigible, the
tailless ship and the unique passenger carrying
"Flying-wing," he strikes out at them ruth
1essly To the right and left he swings, regard
less Of the dignity and authority of those he
hurls from their pedestals.
Yet Bill" Stout builds as he demolishes, he
dreams as he awakens others from their dreams
And his dreams are at once practical and ex-
IRENE ..#-.
Size" he cries, lis determined by CONNER
cial factors not by engineering. Comfort and
range are the fundamentals"
And almost in the same breath he adds:
The airplane OF the future is yet to be
built It won't even look like the plane Of
today"
Stout sees promise of something radical turn
ing up very soon, for he points out that $3.50 :.
OOO0 900 has been put into commercial aviation
in the last two years and nothing has yet had
time to come out Of it. When it comes, then
will come the revolution In aeronautics
But big airplanes? No At least not of the
size Dornier, for example, is building AIR
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-09

planes of 80 to so passenger capacity no more.
he sees ahead, for these will be commercially
practicable, and Bill Stout is a practical
dreamer.
Today, regardless of Stout and his beliefs.
huge alrplaneS are being built abroad and
greater ones are being planned But these are
to solve special national problems of trade
not commercial aircraft per Sc Stout has
tens TO explain
A IRPLANES of 100 to 200 passenger capacity
and even more. Planes with 8 and -
motors of 500 to 900 horsepower each
Gigantic winged monsters roaring over the sea
at $50 miles an hour sailing over the Atlantic
or the Pacific In single hop. Planes without
fuselage. Planes without tails. Planes carry
ing their passengers, freight and other essen
tals In two-story wings of expansive dimen-
slonS. Mother planes carrying smaller craft
Express planes and local. Planes of all sizes
and designs, but mostly huge and awesome and
following about the same lines you see in the
commercial airplanes of tdoay.
Some of this is fact already There is the
great 12-motored Do.X of Dr. Claude Dornier
which recently carried 1863 persons in a trial
flight over Lake Constance in Switzerland
And there is the new Junkers 100 pasSenger
aircraft, the largest plane in the world.
At these Bill" Stout strikes The great
DoX with its 1859 passengers had room for
only two hours supply of fuel And since it
burns 1000 pounds of fuel an hour its range
was quite limited. For every hour added to its
range, Is passengers would have to be sacri-
hced from its capacity
The Junkers plane he adds, has been built
by the German government to solve govern
mem problems, not commercial ones
BEYOND a 3O-passenger SIZE" he explains
the cost per passenger becomes prohibi-
1--WE Such sizes are not commercially feas-
ble although they're easy to build
Fronts from ton-niles of pay-Ioad,' he re-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-09
Which Will Win, Big Planes or SMALL
BY ISRAEL KLEIN.

DESCENDANT note rises out of the
symphony of aeronautical progress
to sound a warning against what
may be too optimistic a view of the
practical possibilities of the air
nIonn
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-01
SUPERB PROGRAM
ON THE AIR TONIGHT
Columbia to Broadcast Beau
ties and Historical Back
ground of Capital.

The beauties and historical back
ground of the Nations Capital will be
featured in the Gold Medal Fast Freight
program to be broadcast tonight over
WMAL and other stations of the Co
turabia Broadcasting System.
1ntersrerSing the musical selections
there viii be brief sketches of the
the White House and other public
buildings. The musical program in
cludeS THE II Guarany Overture, -
Promises" She's Funny That Way
and THE Toytown Admiral"
ViOIinist Recital.
Chopin's "Nocturne" will be played
by Toscha Seidel, violinist, in his re-
cital with the Columbia Concert Or
cheStra. The orchestra selections in
clude the overture to Berlioz's lie
Carnival Roman and Griegs suite,
~Sigurd Jorsalfar."
Another drama tization of the Forty
Fathom Trawlers, the musical extrava-
,kanza known as THE Voice of Column
bia' and the La Palma Smoker are
among WMAL'S other outstanding Co.
aumbia attractions. The stations fea-
lures of local origin include late "dx'
program by Stanley Bell and Les Colvin
and talk by Thomas P. Littlepage on
"The Five-Year Expansion Program for
the District of Columbia"
WRC's Feature Program.
Walter Johnson, manager of the
Washington base ball club, will be the
sports celebrity to be interviewed before
the microphone tonight by Grantland
Rice during the weekly Coca-Cola pro-
gram over WRC and network of other
National Broadcasting stations Leon
ard Joy and his all-string orchestra and
Chester Gaylord, vocalist, will present
the musical portion of the program.
Selections appropriate to the advent
Of Autumn will dominate the program
by Nathaniel Shilkret's Orchestra dur
ing the Mobiloil concert. Beatrice Bel
kin, soprano, will be the soloist. She
will contribute Meyerbeers Shadow
Song" and THE Nightingale"
Rare Palm Olive Program.
"Pomp and Circumstance" will be
played by Gustav Haenschen's Orches-
ira during the Palmolive program. The
Revelers' Quartet will sing "Who?" from
sunny" The vocal speciality will be
duet version of Bye and Bye" from
Dearest Enemy" by Olive Palmer, So
prano, and Paul Oliver, tenor.
Another travel talk by DR.. John o.
Knott and concerts by the Rhythm
Three and the Alexandria Hawaiians are
featured tonight by WJSV. The pro-
gram of VOL contains a musical pres
enation by Edith Reeds Entertainers
and dance music by Ted Stamford's
Venus Orchestra
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-01
Today on the Radio
LOCAL STATIONS.
WDC 1855 Meters.
WRO $50 KiIocycIes

WRC s15.s Meters.
WRN ESQ KiIocycIes.
1:30-World series game.
3:30-Evening Stars.
3:55-Rehroadcast from London; ad-
dress by Prime Minister Ramsay
Macdonald.
4:l5-Radio Guild.
5:OO-The Lady Next Door.
5:30-"Famous Paintings In Many
Lands" by Alice Hutchins
Drake.
5:45-The Tea Timers.
6:00-News flashes.
6:1o-Black and Gold Room Orchestra
6:39-"The Five-Year Expansion Pro-
gram for the District of Column
bia," by Thomas P. Mttlepage.
6:44-Correct time.
6:45-Uncle Abe and David.
7:00--Amos n Andy.
7:15-Studebaker Organist.
7:30-Phil Cook, comedian.
7:45-"Back of the News in Washing
ton" by William Hard.
S:00-East of Cairo.
8:30-Mobiloil Concert.
9:00-Ralsey-Stuart program.
9:30-Palmolive hour.
0:30-Coca- Cola program.
IL :00-Weather forecast.
11:01-St. Regis Orchestra.
11:30-Pennsylvania Orchestra.
1900 to 1:00a-Governor Clinton Or
cheStra.
Early Program Tomorrow.
6:45a-Tower Health Exercises.
8:00a-The Quaker Man.
8:l5a-Morning Devotions.
:30a-Cheerio.
9:00a-Morning Melodies.
l0:00a-Ceresota program.
Timely Garden Suggestions, %
by w. r. Beattie.
10:30a-Food Round Table.
o:45a-Gotham Trio.
l1:15a-Radio Household Institute.
11:30a-Rinso Talkie.
IL :45a-Sweet and Low Down.
12:00m-Farm flashes.
Carolers.
Farm and Home hour.
1:15-World series game.
3:30-Talk by Louis Rothschild, direc-
tor of the Better Business Bu-
reau.
3:45-The Merrymakers.
400 to 4:30-"T'he Magic Of Speech"
by Vida Sutton.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-01

256.3-WCAU-l,170.
6:00-Feature hour.
7:00-Same as WABC.
7:30-Feature.
7:45-Same as WABC.
S:00-Entertainers.
8:30-WABC (11z hrs.1
10:00-SponSored program.
t0:15-WABC CAS- MINI.
11:00--Sponsored program.
11:15-WABC CAS- MINI.