davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1930-09-01
SEE PRICE WAR
IN AUTOS.

Though there is as yet no def.
mite evidence that competition in
the automobile field will. reach
the proportion Of a price war
such q condition could certainly
play havoc with the industry, ac-
cording to the latest analysis of
the. situation, by the Brookmire
Economic Service. Inc. This bust.
ness authority says:
There Is little doubt that
Ford has his, chief competitors
worried. Should he come
through with . material price
reduction, . serious price war
might be precipitated. Unques-
tiOnably, his competitors would
have to choose between q ire
InendOus loss in volume and
price reductions. While we
have no, official information
from which we can conclude
that Ford expects to announce
further price reduction, IL Is
understood that he is dicker
ing with the companies fur.
niShing him with parts and
accessories for price reductions.
Should he be successful i'm gain
ing concessions from many of
these companies, it would Oe
logical to expect him to PASS
the savings on to the consumer.
Prospects now favor q more
prolonged period Of depression
In the motor industry than had
previously been anticipated. In.
PRODUCTION Of new models and
price reduction in recent
months have had little effect
on increasing sales. Earnings
Of the industry for the first
half Of 1880 were not good.
They viii be worse for the last
half. In fact, most Of the
weaker companies and some Of
the stronger ones are expected
to show deficits"
The Washington times., 1930-09-01
Pennsylvania Linked
Into Maine Central
Railroad Stock Dea1

Haven. The D. q II. would ex'
tend the line to wilkes-Barre, Pa.
The other New England sys-
tenn is the New Haven, taking in
the New York, New Haven and
Hartford in New England and
the New York, Ontario and West
ern extening to OSwego, N. z,
Just north Of Syracuse and the
Lehigh and New England Rail
road extending to Allentown, Pa.
Deal Means New Link
The Boston and Albany. linking
Boston to Albany, Is controlled
by the New York Central and Is
allotted to that road. Part Of
the Rutland also Is assigned to
the New York Central. The
Vermont Central, running from
New London, Conn, to Rouse's
Point on the New York Canadian
border. Is left in the control Of
the Canadian National.
Tieing together Of the Maine
Central, Bangor and ArooStook and
Boston and Maine, in accordance
with the I. c. c. plan. is ex-
pected to result from the Lee,
HigginsOn deal.
The Washington times., 1930-09-01
Com. SOUTHERN
NETS 81 CENTS

COMMONWEALTM ~ AND
SOUTHERN COHPs-l9et earn
ings in July, 9S,2T3, ,lS3, against
e6, ,0O3 ,A23 in July, 1919. Gross
earnings for the month totaled
410,9a2,11l, against $1l,6l9, ,153 IN
July last year:
In the seven months ended
July 81, net earnings amounted
$42, 2,1O9, ,681. against 443. .01O. .040, In
the like 1899 period. For the
IL months ended july a., net
earnings amounted to $74,S20. .623,
against $73. 1896 in the preced-
ing IL months.
Earnings fof the year ended
July 81, after an charges and pro
vision for retirement reserve,
amounted to 80 cents Q share on
the common stock outstanding q
Of July 81. ="
THIRD AVENUE =. R.-July
operating revenue &3l3, 900,
against; $279, ,36S In July, 1929.
Surplus for the month totaled
$2,O67, against q deficit Of. $32..
467 in July. 1929.
CLUB ALUMINIUM UTENSn
CO.-Year ended June 80, net loss
$459,52O against net profit $3s1S4
In preceding year.
The Washington times., 1930-09-01
EXPECT / I. 7.
DIVIDEND

Earnings Of international Tele-
phone q Telegraph Co. for first
six months should be somewhat
better than 81 q share on S,S1l,r
S21 shares. In first quarter 81
cents a share was earned or cover
ing the dividend with z cents to
spare. Second quarter win show
q falling off from last years
second quarter. but company ex-
poets to earn the dividend. Re
port win be out in September.
On the whole it is probable the
company viii cover its 50 divi.
dend requirements for the cur
rent year. with Q small margin to
spare. Directors meet to act on
quarterly dividend in the next
two weeks and regular dividends
Of so cents win be declared.
CONSOLIDATED LAUNDREES
CORP-Twenty-four weeks ended
June II, net profit $685., ,666.
against 1926, 1872 in. Ike 1929
period.
TENNESSEE ELEC. PWR. CO.
July gross $516,387, against
$571,229 in July, 1929. Twelve
months ended July 81, balance
after charges $2.692,126. against
$2,332,536 in preceding IL
months.
The Washington times., 1930-09-01
,non Urges Further Reduction Of Gasoline Output Aid Industry
Baltimore Produce

syIvania, bubh1l baskets. EIbertas, un-
classified. large S2.2SQ $50; few higher
small 2 msdtum. si,IS0s; Nsarny a,,o.
SesF's SoSF sss hs.ss: as%R:. s;';'
''P Potatoss.ons nsSs Pennsylvania. J New
Jersey Srrlvsd cars on ,,sr.Sl., track inSiud;
Eastern shore virginia, BY boat.
truck receipts light. Supplies moderate:
demand moderate; market about steady.
u. s. is, ,3l.sO03; l50-pound sacks.
s2.756 s!sO. Western Maryland and
Pennsylvania. lO0-p0und sacks, Round
Whites. u. 8. IL, el.7SW1.SO. Eastern
S ShoH M.Tg:hS sgYs S.r. rTa cssisr csSSr ShOTs g.
Ia s9.7S02so; few higher.
Peppers--SuppIies moderate. New
Jersey, bushel hampers. 7ScQN. Near-
by 1a-bushel hampers. SO0soc. North
Sweet PotAto6s-Receipts equivalent
to / North Carolina. 3 Eastern Shore
Virginia BY boat. Gamers stock. re-
csipta eouivaltnt to ! Eastern shore
lapd nin truck ISe receipts a'' iirht a0 SUPPLIES
moderate; demand ana trading light;
market vorY dull Few sales. North
Carolina. barreA Yellows. .. 8: Ia
st:2S t.So; mary InSold: E1Stsrn % shors
8, Il. St.SO@1.7b. Eastern shore Viz.
ginia, barrels, Yellows q. 8. Ia. St.sS
@t.kO; mostly 9Gso; ungraded. sS0t.
squash-suppiiss light. Nearby u
bushel hampers, soc 0t1.
Tomatoes-4supplies light. Nearby "
bushel hampeFA ripe, 65c &1.2S. Can
ners stock. s0c@s1,10 per busheL
Observation-Disclosures m o . r a 9.
Eastern shore Maryland, various varie-
ties, extra selects, 35@40c; selects. 2S0
30c; primes, 10015c each.
EGGS
Orr the Baltimore Butter and Egg
Exchange there was no trading. Street
sales. market steady. Small lots. near
by current receipts, 23025c: candled.
2792sc; few high an s0c. Receipts
butter, $50 tubs; eggs. 1.bs7 cases.
LIVE POULTRY
chickens--Young. colorsd,. as to size.
24@4Sc; lekhornS. as to size. 20@24e.
Chickens-old. heavy. 32O23c; medium.
17@20c: leghofnS ana other light stock.
1SU17c; roost4rA, 1401ge.
+ Ducksa-Young. White Pekins.
pounds and over. 1701sc: Muscovy.
pounds and over. 1S01Sc; Puddle, 1
pounds and over, 1S@18c. Ducks--old.
all kinds, 1401sc.
The Washington times., 1930-09-01

The New England railroad mer-
ger situation is well on the road
to, II not already under the con-
troll Of, interests friendly: to- the
Pennsylvania railroad.
That lis the Interpretation
placed on the purchase Of q ,2S
per cent stock interest in the
Bangor and Aroostook and 26.6
per cent interest In the Maine
Central railroad by Lee, HigGtr1-
son 81 Co., New York and Boston
banking house. The deal was
disclosed yesterday.
Lee, Higginson are bankers for
the Boston and Maine railroad.
The Boston and Maine iS con
trolled by the New York, New
Haven and Hartford, which Is
friendly to the Pennsylvania In
terest and In which the Pennsyl'
vania has at least o IL per cent
stock interest.
PennrOad In B. 4 NJ.
Pennroad Corporation invest
ment company controlled by
Pennsylvania railroad StockhoId,
ers, has q Is per cent stock IN
terest in the Boston and Maine.
The Bangor and ArooStock is
controlled, by the Main Central
and New Haven interests. Brown
prcA11ara formerly dominated = 10,
but sold their stock TO HorTl'
blower & Weeks, Wall, Street
bankers. So,
An this is confusing. but it VIII
be noticed that through the maze
there is o string leading always
back to the Pennsylvania rail-
road and its affiliates.
The Pennsylvania's direct 1ntr:
est in the New Haven Is placed
at IL per cent, but 1t is unoer.
stood indirectly to control per
cent additional, placing in all ~
ner cent Of the New Haven's VoC
ing stock under the company IN
fluence.
under ordinary circumstances o
~ Der CS11J SOONA shVSASSc - -
sidered working control OF Q 'ran-
road property. In the New HavenS
case the Pennsy is said never to
interfere with the management.
but then the New Haven's desires
seem to coincide with those OF the
PennSy.
1 C. c. Grouping
In New England there are seven
| railroad systems. The Interstate
Commerce Commission in Its plan
for q consolidation Of the rah'
| roads Of this country groups the
New England roads under tWg
systems and awards three lines 20
outside systems. :. -.
The Boston and Maine is one
system.I Under it are grouped the
Bangor g. ArooStook. Maine Cen
| tral, and part Of the Rutland: IN
addition, the Delaware d HUDSON
and st. Johnsbury & Lake Cnan.
| nlain, operating in New York
State, This creates a system ex'
tending in New England from
Bangor and Northern Maine, Yer
mont and New Hampshire 70
Boston, connecting with the New
The Washington times., 1930-09-01
POWER FIRMS
COMBINE IN
WEST
Nathan |. Jones, of .SaIina,
KAN, win Head Merged
Firms; $25, ZOO, 900 Capital

Purchase Of American Service
Company by interests associated
with Nathan L. Jones, Of Salina,
Kan, has been officially an.
nounced as O final step in the
creation Of Q new public utility
holding company which Mr.. Jones
win head and In which win be
included Western Power, Light
and Telephone Company, Of which
Mr.. Jones is president, and the
American Service Company.
The new corporation is the
Power, Light and Service Com
pany. It Is organized under the
laws Of the State Of Delaware
with an authorized capital Of
$25, ,OO0, 900 debentures, zoe, 900
shares Of preferred stock and
/ 900; 900 shares Of common stock.
No New Financing
No new financing at the pres
ent time Is contemplated by the
new corporation. Officers Of the
Power, Light and Service Com
pany win be: President, Nathan
L. Jones; vice presidents, Hamil-
ton, Airport. D. q. Wagner and
Arthur Mullergren: secretary,
Shirley Stewart: treasurer, M
K. Kennedy: assistant treasurers,
P. w. Fisher and p. D. Stokes;
assistant secretary. p. D. Stokes.
The grouping Of Western
Power, Light and Telephone Com
pany and American Service Com.
pany brings together utility or.
ganizationS which Jointly serve
communities in the Middle West
South and Southwest. having an
aggregate population in excess OF
five million people. Western
Power, Light and Telephone Com
pany owns public utility com
panies operating in Missouri
Kansas, Oklahoma. Texas, Iowa
Nebraska and Colorado. Amer
ican Service Company's interests
are in Texas, Louisiana. Ala
bama, Kansas, Iowa. Missouri
Tennessee. Georgia. North Caro-
lima, Oklahoma and West Vir
ginia.
Supply $50 Towns
Operating subsidiaries Of West
ern Power, Light and Telephone
supply $50 communities with one
or more classes OF service, electric
light and power furnished In Il
communities, water in five. ice
| in %, gas in five, and telephone
service in. 162. American Service
Company owns and operates. un
der centralized management, Sa
ice utility properties located Y
13 adjoining Southern and South
Central States. It's properties IN
clude ice manufacturing plants
having q daily capacity Of $3.50
tons and extensive facilities FOL
car icing, cold storage and Other
service. Joint control Of these
two organizations is expected tc
effect extensive economies IN
0uerating costs.
The Washington times., 1930-09-01
WEEKS SUMMARY OF
BALTIMORE PRODUCE
FRuTT

- FRUIT
Receipts Of apples were In excess Of
with prices slightly lower, especially
on ordinary stock. New Jersey peaches
were generally Of poor color and moved
slSE aSI a 49, Per oe'as sIssr.aH Ss%psF Ns
York state pears. both Bartletts and
Clapps FAvorft6H, declined 6O@T5c per
basket, Seckeis were scarce and in COED
demand. Arrivals OF csntaloupes were
continued to move sloy. Honey Balls
held steady. Large size watermelone
were Ia demand with small ;stock very
hard to move. Maryland and Delaware
sold at SS95oc; 2-duart baskets at 1S@
zoe. Auction prices on all fruits we're
lower. particularly lemons and pears.
80 VEGETABLES
Potatoes closed at an advance Of 1O9
15e per cwt., on Jersey Cobblers and
western Maryland apd PsHnsyivanl9,
Round Whites. and. IS43Sc per barrsl
cobblers. Sweet potatoes declined to -
D t.s0 per barrel and $3.50 o LIS per
bushel hamper! iRsceipts OF New York
state esbbage vas heavy With prizes
coSsnSsS eSSsH Ssa asu q a sEssoHss pen per- osss
CucumbeEs from New York, State sold
At si.2s9l.76 per bushSl baSkst the
latter part Of week. califctGia Iceberg
lettuce OF boou3 QuAttIy uStu sCSauS'
New York state Rig Boston was easier.
selling 40075c per crate. Western
carrots and peas were unchanged.
Colorado caulIflOwer sold at around
$2.75 per crate. New York State at
$103 as to quality and condition.
Onions declined to Soc @s1 per 5O-pound
sack, for U. 5. Is Yellows from
Massachusetts,, New York and Wisconl
sin. Lima beans we're scarce selling
at $3.5004 per 'bushel hamper for East
ern Shore Maryland and New Jersey,
and SI.500S pen 32spound sack for
Long Island stock. Arrivals of nearby
produce were. considerably lighter the
latter part of the. week. with prices
higher on corn and tomatoes. Other
lines moved out fairly good at up-
changed prices.
BUTTER AND EGGS
Receipts of fresh eggs were light
with the narket ruling firmer on the
best grades. The butter market held
LIVE POULTRY
There was very little change In the
live poultry market Heavy hens were
in good demand at top quotations; also
large fat, young chickens. both colored
and Leghorns. All kinds of poor. thin
birds were heavily discounted. There
was only a limited demand for ducks.
A few Guineas we're on the market
selling at 60075c each.
The Washington times., 1930-09-01
u. S. Raises Bars
For Cuban Tobacco

A 64 year old discrimination
against Cuba's tobacco industry
win be eliminated when q parcel
post convention between the
United States and Cuba becomes
effective.
The tariff law of 1866 pro.
hibited importation Of cigars and
cigarettes from Cuba in lots of
less than 5000. Cuba cut off all
parcel post. The last congress re
m0ved the limitation.
The Washington times., 1930-09-01
News S
In TOdays
CLASSIFIED ADS.

CAASSAE k6D S1AH~-
.u~o REPAIRS, body and tender
xrork general auto repalkInt
49, services which may Oe .
Os1n II vou caa ~ had 6Ay OE
~a~ht. make use OF our services
uEcTRICAL MACHINlsTs aHd
noWer specialists capabae % Tisr1Sak
Ing to SGSs ~ oStained S1Sdd By consult
sr~ wilth ms: remember thlD 80
.S a. and our telephone numbers
ne" II day or night. .>
DosUrvoNs ALWAYS OPEN-See
4to FmnIOyuaent Service Bureau An-
rNIncement today for the necessary
details.
SIP COVERS and upholstery 70
blend In with your presenS ~ nOIS Se
~ado On short notice. In pIaAAins
nav be worth your while 70 re.
member this service. vASlt 09E
downtown store for sample m.NNEls mSSGEl
ais and susgesfaaoni; I, - xoSr sT furnish-
inrs at the lowest possible cost.
PAINTING. ROOFING AND GEN
RRAI, REPAIRING are often tne
need Of WashlngtOnlans Who navs
spent their SSmnassa SSSHHnsa t%ss" services
hs applicable to you, You VIII 1i10
an immediate answer TO them ~
conSulting with us.
IF YOU HAVE BROKEN . mirror,
that doesn't necessarily mean that
Won win have seven years. BAD iWeks
eSneciaIly IL you consult with Ne
WITH regard 20 having . new one
inGfalle6, Furniture tops can AlsO
bo replaced. Consult with u.s. TOR
both Of these services. -
these are "sidegi0kts' on some Of DsGni
nterestiaO GduertiseVR ests IoW tCft!, ysN@ g
he BusineSs SerUtce DIRECTORY o. today
FINES and Herald Classified AGS.
The Washington times., 1930-09-01
Vegetable Prices
ReuiSter Decline

Prices paid producers for fruits
and vegetables, cotton and cotto1-
seed, and all meat animals, ex-
cept hogs, continued to decline in
the month ended August Is,
bringing the index Of the general
level Of farm prices down, three
points. the department Of agri.
culture announced.
The price index was at the low
est August level since 1915. The
price of wheat advanced.
The Washington times., 1930-09-01
STOCKS NOW.
BELOW
PEAK
Texas Action Seen Aiding Har.
mony in Production Line;
Companies Hold Promise
By LEWIS HANEY

BY LEWIS hANEA
Director NeW York University
Bureau OF Business Research
and Former Economist OF
i Federal Trade Commission.
The Washington times., 1930-09-01
PRODUCE SHIPMENTS

Car-lot shipments reported for the
entire United States for Friday,
August 20:
Apples-Illinois. %; Maryland, 3: vir-
ginia, z: Washington. SO: West Virginia,
s. Others So. Total 1875.
Lettuce-Caiifornia, IS; Colorado IS;
Idaho, Z; NeH Mexico, l. New York. .;
Washington, g. Total 133.
Onions-California, Is; Indiana, 81
Iowa, IL: Massachusetts,. IL; New York.
8. Others 25. Total 120. -
Potatoes-Idaho. ~; Maine. "a; New
Jersey, 167: Long Island, 167; Wiscon-
sin. ~. Others 20s. Total $50.
Sweet Potatoes-Alabama, 5: Louisiana,
II; Tennessee, s; Virginia, II. Others
I. Total %.
The Washington times., 1930-09-01


and Former Economist OF
Federal Trade Commission.
The stocks Of representative oil
companies are now shout 10
points below the peak reached In
April. Recently they have not
done much, but have shown q
little reactionary tendency. What
is the underlying situation?
The news of the oil industry Is
not entirely unfavorable. an out.
standing point being the trend
toward reduced production OF
crude oil. About the middle OF
this month, the average daily pro-
duction was the lowest since 1928.
1t. is about 100000 barrels per day
less than a year ago.
This indicates that production
and refinery consumption are
nearly in balance. IF we take pro
duction of oil wells at 2,471 200
barrels per day and imports OF for
eign crude is 900, 900 barrels a day.
we get a total Of about 2,761 600
barrels added to supply. But the
refineries are reported to pe run
ming more than 2.500,000 barrels
to stills each day. The figures
are rough, but it is clear that pro
duction plus imports is very little
in excess Of refining consumption.
Maintain Agreements
The producers in various States
are maintaining their restrictive
agreements and Texas has re-
Gently fallen in line with an Of
ficial order to cut down produc-
ton. This should reduce com.
petition from Texas and make 1t
easier for producers elsewhere to
restrain production.
The consumption of gasoline
has been good, and, as usual at
this season Of the year, stocks
Of gasoline have fallen off.
But just here lies the chief diff
ficulty. The supply Of gasoline is
so large that, in spite Of good
consumption, it is q strain on the
industry and keeps prices too
low to allow fair profits. This is
the chief reason why so many
oil companies have turned in url-
favorable earnings statements.
August Drop Natural
When you read the heading,
"StockS of Gasoline at RefinerieS
Drop" you must remember that
they always do that in August.
A week ago they fell l,l41,000
barrels. But in the same week
last year a smaller number Of
refineries showed a drop Of l.
482, 900 barrels.
Next month gasoline consump-
ton will decline and the decline
will probably last through Febru.
ary. The refiners usually keep
right on producing. however, so
stocks Of gasoline will pick up.
AS the storage is now about Is
per cent above a year ago, the
refinerS will probably begin
1881 with a great oversupply.
The plain fact is that, with i'm.
proved refining methods, the oil
companies have an excess of Ca
pacity. It is no wonder that mid.
die western refiners are getting
less than 6 cents a gallon, and
that considerable price cutting is
reported. Even SR cents is be.
ing shaded in the East.
There seems to be only one
remedy. and that is for the re.
finers to restrict their gasoline
production. That might TEN.
porarily reduce the earnings OF
some companies. It would also
decrease the consumption OF
crude oil by the refineries. and
thus force a reduction in crude
oil prices. But 1t would be best
in the long run.
This is the problem. It is no
wonder that the nearby outlook
for oil company stocks is uncer
tain.
The Washington times., 1930-09-01
Sn1erkrGIIt Drop
COnfrOIttS Country

The sauerkraut cabbage crop OF
the country will be from 10 to Is
per cent below the 10-year aver
age, according to estimates OF the
Department of Agriculture4 The
pickle crop will be from z to 10 per
cent below,
The Washington times., 1930-09-01
NEW SEGAL DIRECTOR

NEW YORK Sept. 1.-Donald
9. Preston. vice president Of
Chelsea Exchange Corporation.
has been elected q director Of the
segal Lofk & Hardware Co.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-10-25

voters in a poll of more than
27O00,000 His army of followers is
surpassed by the 8572,O16 who voted
the Socialist ticket and approached
by the wild men of the left, the
Communists, who polled 4.587 ,708.
In Berlin the Communists topped
the poll. In the Dusseldorf indus
trial district the Communists and
the Catholic Centre party ran neck
and neck. In the district around
once royalist Potsdam, in the Ores
den, Leipzig and Chemnity indus
trial districts the Socialists topped
the poll.
In Cologne, in Coblenz, Bavaria,
Wurtemburk and Baden the Cath
Ole Centre led all the rest. and in
The great free seaport city of Ham
burg once more the Socialists topped
the voting.
Mrssolini conquered a whole
country, Hitler acquired a big vote,
but a very large part of the coun-
try has repudiated him, his doc
tEineS and his candidates-so far
Newt: How Adolf Hitler scored his
frs big political success in Ger
many.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-10-25
100000 BOOZE
CARGO SEIZED
Machine Guns Rake Two
Rum Boats.

BIZ United Press
WATCH HILL, r. l., Oct. =
Two rum boats and liquor cargoes
valued at 100000 were captured by
four coast guard destroyers after
the rum runners had been trapped
and raked with machine gun fire
at the mouth of Narragansett bay
today.
One captured craft was the As
/ foot speed boat Helen of Newport,
whose crew beached her on Napa-
tree point near old TT. Mansfield
and escaped afoot
Coast guards reported having seen
seven or eight men leave this boat,
on which 1000 cases of liquor, hav-
ing retail value of $50 a case, were
found.
The second boat seized was the
eighty two-foot speed boat, Pueblo,
recently built at Mystic. Conn. The
craft hove to when her crew ap-
parently realized escape was i'm
possible. The Pueblo also carried
1000 cases.
Coast guards captured the Pueblo's
crew of eight
1t had been learned by coast
guards that a rum vessel from
Europe had dropped anchor of
Montauk Point. L. L. several days
ago and that her cargo was being
run into the Rhode Island shore
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-10-25
YOUNG CLIMBER
AT COURT WOOS
QUEEN;BOTH DIE
Royal COnSOrt Slipped on
Banana Peel; the King
Gets Revenge.
BY WALLACE CARROLL
United Press stan Correspondent

LONDON, Oct. 2:.-They were
whispering the tale around in silmian
society circles in London today of
a kings honor and how it was
avenged, and of proud queen who
slipped on a banana peel.
High on the summit of Monkey
hill in the green domain known as
Regents park, King Mumbo ruled
the baboon tribe and ruled it well,
though he was old and fat and even
a bit cockeyed. The king had three
wives, all of whom were comely and
fair to look upon.
But his fsvorite was Alombo, a
she of consumlnate grace and dis
tinction, for she came of family
tree that was as famous in baboon
annals as it was densely populated.
The tale they told involved Queen
Alombo and a certain young climb
er at court called Oombah.
Oombah was young and strong
and glib of tongue, although that
never brought him any extra pear
nuts. He was taken by the beauty
Ct the queen and determined to have