davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1930-08-01
UTILITY STOCKS
LEAD SLIDE
T0DEPTHS
Nv w. 4. CorIsTNa

NEW york, AuS. / uNs9.
! The public utility stock led q
decline Of moderate proportions
in the early trading on the big
board today. Dullness ruled In
all sections Of the market, and
the turnover was, only ITS, 900
shares in the first half hour.
Prospect of q pairing down Of
rates charged for the services Of
the Consolidated Gas Company
was reflected in a new 3-point
drop in that stock to 104h. Amer
ican Power and Light, Electric
Power, National Power and other
active utilities dropped back I
TO 2 points, principally as the
result of bearish shipping" by the
professional sharpshooters.
Trading dwindled In the second
hour to near the vanishing point.
United States Steel, Can and
other industrial favorites drifted
slightly lower followed by most
of the industrialS in the copper,
motor, oil and other groups.
Cotton rallied about IS cents
q bale and wheat sold fractionally
higher in one Of the dullest mar
kets of the season. Money mar
ket conditions were unchanged.
Call money renewals were un-
changed at 2 per cent.
The Washington times., 1930-08-01
ST UDEBAKER'S
NET DROPS TO.
St.03 SHARE !

Studebaker Corporation in the
quarter ended June 30 showed 8
net profit Of $1.075,1So, equiyAs
lent after dividends on the
Studebaker and Pierce Arrow pre-
ferred stocks to Al cents q share.
e. r. Erskine, president. said to- i.
day.
This compares with $6,15O,2s9
or $500 a share in the CORE
spending 1929 quarter. In the
six months ended June 80, net
profit amounted to $2,567,3l7,
equal to &1.O3 q share against
S11,183,S7s or $3.50 q share In
the like 1929 period.
Mr.. Erskine explained that
while decreased second quarter
profits were primarily deter.
mined by the small volume Of
business, certain charges for
engineering expenses for the de-
veloprnent Of the new line and
for other items were made
against the period. Registration
figures representing new cars de-
livered to consumers in the
United States show Studebaker
cars advanced their competitive
position as compared with last
year.
The Washington times., 1930-08-01
RIGHT To BUILD
LINE URGED

Examiners of the Interstate
Commerce Commission today
recommended that the Western
Pacific California Railroad be
authorized to construct a new line
between San Francisco and Niles,
including a bridge over San Fran
cisco Bay, in San Francisco, San
Mateo and Alameda counties,
Calf.
The examiners stipulated, how
ever, that the bridge and track
age on each side thereof shall be
constructed only in case the road
is unable to secure from the
Southern Pacific trackage rights
over the Dumbarton Bridge and
adjacent trackage on reasonable
terms subject to the approval OF
the commission.
It was further stipulated that
no portion Of the line between
San Francisco and Redwood City
shall be operated until either the
portion between Redwood City
and Niles, including the bridge
over the bay, Is built, or trackage
rights have been secured over
such portion Of the Southern Pa
cific between Redwood City and
Niles, including the Dumbarton
Bridge, as will give the road a con-
tinuous line from San Francisco
20 Niles. r.
A further recommendation was
that trackage rights over the pro
hosed new road on reasonable
terms be granted to any other
railroad operating $50 miles OF
more of railroad desiring to thus
secure an all-rail entrance into
San Francisco for the purpose OF
gaining access to its own or other
Terminals in that city.
The Washington times., 1930-08-01
July Call Money
LOUest in 6 Years

Average call money renewal
rate in July was 1926 per cent
against 2.6 per cent in June and
9.06 per cent in July, 1929
July's average rate was lowest
monthly average since Septein-
Der, 1924 when rate was 203 per
cent. Highest renewal rate In
July was 212 per cent and lowest
was 2. per cent, while range for
new loans was 3 per cent high to
. percent low. In July, 1929. call
money ranged from is per cent
high to 6 per cent low.
The Washington times., 1930-08-01
AMERICA 5
BIG MANIA

LEXINGTON, Va, Aug. 1.-The
college student needs more room
to grow in, so he may not lose
his individual dignity, according
to DR.. Francis Pendleton Gaines,
newly elected president Of Wash
ington and Lee University, in
outlining the advantages Of the
small college in q bulletin now
being sent to parents and future
college students throughout the
country. He explained:
Among he older farmers it
was the custom TO plant the
corn freely, but when It grew
to some size to thin II, so the
individual stalk might have
room to grow In, TO bear richest
fruit. College boys also need
this room to expand; they cam
not be crowded too severely"
RAPS BIGNESS
Americans measure almost every
thing in terms Of bigness, DR..
Gaines pointed out. Census re-
ports, for example, are now
watched to see how much greater
ones own city or section is than
it was a decade ago. BY great
ness" Americans mean growth
in numbers. He said:
But many things cannot be
estimated by the favOrite yard
stick of statistics. Take the
college or the university. No
one can determine the value Of
such an institution by count
ink the noses collected on the
campus or the bricks assembled
in buildings.
''SOme Of the finest rewards
Of educational training, In fact,
may be derived from q college
which does mot have too many
noses or too many bricks
from what we know rs the
small college. 1t must not be
too small for real group activ-
ity, for abundant competition,
for wide contacts. But 1t must
not be so so large that the in.
dividual student is lost in .
vast crowd. In the small col
lege, the student does mot lose
his identity or his sense Of per
sOnal importance or his feeling
Of personal responsibility"
PRAISES SMALL COLLEGE
Between teacher and student IL
the small college, DR.. Gaines fur
ther explained. there Is q relation
larger than that Of classroom
routine. The teacher knows his
students, knows not only their
names but background as well,
and becomes both friend and In
structor.
Students in small colleges re-
ceive the benefit Of ripened ex-
perience. Large institutions are
compelled to use as instructors
many young recent graduates.
Freshmen, as a rule, are consigned
to the care Of these beginners in
teaching.
The Washington times., 1930-08-01
: CHICAGO PRODUCE

CHICAGO. Aug. UN.s).-Butter:
Receipts. 1925 tubs; creamery extras
and standards, S6c: extra firsts, sSQ
1601Bc: speciaIS 3S1s @s7c.
Egg-Reeelpts. l1.S25 cases; current
receipts. Is@2lhc; extra firsts. 2te;
ordinary current receipts. lsOi1e'
dirties and checks. l2Ol4ae.
Cheese - Twins new. lSh 0lS[e;
young Americas. l76l7he: daisies.
lTal5hc: double daisies. 1TG11 he;
l0nghOrns. l7915he: brick. lTSiTsse.
Lave P0uItry-HenS 9oc: LsGhoFas'
lee: spring ehiekeas : lesS aaa oveT,
3se: I.eghorn brollers. Isr. Feasssrs.
ise- ausks II9itr: sFrtag durks- lAa
tTr. E@sE@ Ie@fsr.
P~tate@a-Rscsirts - raFs 80 trs~k
-es r shiwmesta eTs ka-saR anN
MtBrmm~f sM@ksM F-tEs ~nmMH@ru o. 80
tee un--er Ns-eE ~ see EaNs
49, ws~Na@M mm--alE ts1aM ~ms@8sn
$50 ssask " s@@l
The Washington times., 1930-08-01
S342,OOO,OOO in DiU.
To Be Paid TOdQN

Approximately $342, 200, 900 will
be paid in dividends on more
than 800 stock issues today and
tomorrow. Although the end Of
July and the first Of August are
not usually an active dividend
period, stockholders will receive
this amount which includes more
than IS extra cash payments.
The month-end turnover will be
boosted to almost $500. 10000 by
the subscriptions to the American
Telephone and Telegraph stock
issue, which are expected to
amount to $3.50, 900 ,0O0.
The Washington times., 1930-08-01
NEWS
In Today's
CLASSIFIED ADS

AED AD0-
WATERFRONT PROPERTY-Bay
Ridge ON the Chesapeake Bay;
beautiful new home now being COM
pIeted; four rooms, bath, incE0sed
brea kfaat porch. semi-fInished attic;
can be made into three rooms and
bath; house decorated In textOne;
large front porch: entire house
screened with beSt-Erade cOpper1
nicely shaded; lot. $4,000; cloee to
bay, price within reach Of all and
terms 10 suit.
LET ME CARE for your child In
country while ycu work; &S per
week; free transportation . nailss
In Maryland
LOOK AT rHIs, sac .SO--LOcatsd On
I4th 81. n. w; three unusually
large rooms, bath and DoFchs med.
ern apartment.
aO-FOOT CABIN CRUIeER-SIesp
seven, fully equipped; In Punaiag
condition: viii HaeFtfAea.
isTH AND FAIRMONT SIS. n. ".
-TSp q hIll. nsaF Ilth st. ear;
aae. and 0Sso-Room gulfes. with -
Vslehoae baih, Furnished eomp1eee;
llaam ana nlald aeFVboe 0p1l1nal;
aay. us~k. @sath; 81. sae. eiR. sas
weekly.
q RWWTEm. CmEAPER PGAE e.
Mawwmw 80 wmww mwa@ eve Mw&NM1mH@
eM@ mmmmam mmAMmr@s em@ IN &sE@&
wM@ns 80 -urm~F ~8sH ~m mmms 81 -
$1,000 msswrs .nmHwH pos wE -
s@wss rsmm @mn mwm9 emnnz9 a.
The Washington times., 1930-08-01
Seen1an Brothers
q.
Earns S5.55 Share

The annual report of Seemar1
Brothers, Inc. for the fiscal year
ended June 80. shows net earn
ings, after Federal income taxes
and all charges, amounting to
$693, ,899, equivalent to $5.55 per
share on the 1875, 900 shares Of no
par value common stock out
standing. Earnings last year were
$816,769, or 1888 per share Of
common stock.
The Washington times., 1930-08-01
Stores
EnrninQs 81 O. Share

The statement Of Safeway
stores for the six months ended
June 80 will show earnings
slightly in excess of. 50 q share
against $4.31 q share for the
same 1929 period, M. B. Skagss,
president Of the company, stated
today. The directors will meet
to discuss the $1.25 dividend on
the common stock late in August.
MIR. Skaggs also said that chances
for continuing them were favor
able.
The Washington times., 1930-08-01
Spicer Mfg. Adds
700 to PnurOLI

The Spicer Manufacturing
Company will recall TOO work
men on August II to make Q.
total of 1,400 men employed ct
its plant. The company has Z
contract for Ford shock absorbers
and is also making axles and uni
versal joints for other cars. j"
The Logan Gear Company will
add between $50 and 900 men on
August 4,
The Washington times., 1930-08-01
Natl Supply Nets
S2.98 Share in 3 Mos

National Supply Company,
makers of steel pipe, in the six
months ended June. showed
net profit of $1,122.03O, eQulva-
lent to $3.50 a common share.
against $1,637 1855, or $4.91 a
share, in the like 1929 period.
In the quarter ended June 80 net
profit was equivalent to $2.9S a
share, against $2.11 share in the
corresponding 1929 quarter,
The Washington times., 1930-08-01
Texas Puc. Coal Net
Off S267, 1874 in 3 No.

Texas Pacific Coal g. Oil Co., in
the quarter ended June 80, re-
ported today a profit of $273.519,
against $541,513 in the cores
ponding 1929 quarter. In the six
months ended June 80, net profit
totaled $647 ,533 against $969. .655
in the like six months of 1929.
The Washington times., 1930-08-01
Am. Com. Alcohol :
Net Drops S379,726

American Commercial Alcohol
Corporation today reported for
the six months ended June 80 q
net profit Of $175,931, against
$555.657 in the corresponding
1929 period. In the quarter.
ended June 80 net profit
amounted to 1881, against $685.
3A3 in the like 1929 quarter.
The Washington times., 1930-08-01
Am. States P. S. Net :
Increases to S9II671

American States Public Service
Co. reported today for the II
months ended June 80 net in
come of $911,67l, against $685.
500 in the preceding fiscal year.
Surplus for the period amounted
to $341,96
The Washington times., 1930-08-01
Peters CO-ReceiUer
Of Saunders Stores

j. r. Peters was today ap-
pointed co-receiver Of Clarence
Saunders Stores, Inc. by Judge
Anderson in Federal District
Court at Memphis. Leslie M.
Stratton was appointed receiver
on July %.
The Washington times., 1930-08-01
Illinois Utility Net
UD SI4I,77O in June

Central Illinois Public Service
Company today reports net in
come for June of $996, ,665, against
$S54.S95 in June. 1929. Net tor
the II months ended June 80, to.
tailed $4,423, ,453, against $3,72I, ,307
in the preceding Ia months.
The Washington times., 1930-08-01
Electric AMtO-LHe
To Add 1000 Workers

Electric Aut0Lite Company viii
add l.0UG workers to the 3looo
employed az present I'm itx Toledo
r1ans On August q Framk y.
1anSwenK. secretRry anmo1ncaG
aneaw.
The Washington times., 1930-08-01
Georgia PIUr. Gross !.
-DrODS to $50. .908

Georgia Power Co. reported to-
day gross income for June Of
1890, 165 against $e91,e51 in June,
1929. Gross for the six months
ended June 80, totaled $5,S90,968
against $6,113,4S0 in the like
1929 period.
The Washington times., 1930-08-01

Ex dividend. NJ rghth : Plus ~ In stock. ePay.
able in scrip 81 stock Paid regular
rate PAYABLE 10 stock PayaSlo when earned FAY
stock Plus az IN stock IPluE 81 in stock Plas
~ in stock PIus 2-S% In stock Plus 81 IN st0ck
Subject Of stockhcdArA Plus extraa sOnt
IAaath
The Washington times., 1930-08-01
OIL STOCKS

FURNISHED by W. 3. Hlobs 8 Co,
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1930-02-27
to 0. K.
Airport Proposal

At a special meeting held Mon
day evening by the Libby city coun-
Gil, the board Of directors Of the Lib
by Commercial club and the airport
committee Of the club, the council
refused to place it's @. X. on the pro-
posal for the city to establish a
municipal airport and moved to drop
the matter for the present.
This action was taken following
considerable discussion in which it
WAS apparent that several q IT,
council ard some u the ether nsea
present were reluctant to embark the
city on a venture until more definite
information was available. The senti-
ment was that the expert opinion Of
some disinterested party ought to be
obtained regarding the desirability
Of the proposed site, whether or not
there is = real demand for airports
in the smaller places It this time and
whether the time is opportune for
the city to undertake the venture.
There was the still further matter
regarding the question of raising
funds for the clearing Of the pro-
posed site.
The city's finances are in such con-
dition that it would be inadvisable
for the city to attempt to provide the
needed funds, although Mayor
Kienitz and the council were willing
to expend 5000 to $500 in payment
for the land, but would not counten-
ance any larger expenditure. 1t was
agreed that any added taxation for
the project could not be considered.
The officials of the Air Transport
company and local men interested in
establishing an airport took the stand
that all they wanted the city to do
was to take over the project as NUM-
cipal undertaking; that thereafter
they would attend to clearing and de-
veloping the site. Unfortunately it
appears that that feature was not
fully understood at the time of the
meeting. Officials of the airport COM
pany have since stated that they had
made arrangements whereby the
value of about $500 would be expend-
ed In blowing stumps by an expert
without payment in cash, that all
that would be needed at first would
be the clearing and leveling of some
seven or eight acres and that that
could be easily handled by interested
persons and by arranging for volun-
teer work on the airport similar to
the good roads days" Of former
years.
The Monday evening meeting was
held in response to action taken by
the Commercial club Thursday eve
ming Of last week at which time the
club voted in favor Of the plan of
establishing municipal airport
when there was much apparent enthu-
siasm in favor Of it.
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1930-02-27
Young Matron Passes Away.

Mrs. James c. Brown passed away
Sunday evening at 8 o'clock follow
ing the birth of son, Gerald Leslie,
who died Sunday afternoon at 2:3O
o'clock. Funeral services for mother
and child will be held from the Gompf
chapel Friday afternoon at 2 D. M.
with the Rev. Wick officiating. Burial
will be in the Libby cemetery.
Mrs. Brown was 20 years, months
and 20 days old at her death. She was
the daughter of Mr.. and Mrs. Edwin
Bitterman Of Libby and had lived in
Libby most Of the time for the
past IL years. She is survived by the
husband, James Brown, two sons.
Grover, II, and James, 10, and daugh-
ter Jeanne, 4 years old. Also surviv-
ing are the father and mother and
five brothers, Edwin H., George F.,
Harold A. and Albert J. of Libby and
Raymond M. Of Los Angeles.
Many beautiful flowers have been
sent as mark Of respect to the de-
ceased. The bereaved relatives have
the sympathy Of many friends in their
sad bereavement.
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1930-02-27
Donohuc Promoted
IoDfvisionE Engineer

+. B. Donohue left for Butte We'd
nesday to take over duties Of posi-
ton to which he has been promoted
by the state highway commission. Mr..
Donohue has been named division en-
gineer of the Butte division following
the death of the man holding that
position. After about week in Butte
Mr.. Donohue will return to Libby to
assist his successor in taking over
the work here. The successor has not
yet been named.
Mr.. Donohue has been resident en-
gineer in NORTHWEST Montana for the
state highway commission for the
past four years and has had super
vision of all federal and state Coop
erative highway work throughout this
district. In that time he has proven
himself to be highly competent en-
glneer and an accommodating and at :
fable gentlemen, rs the result Of
which he has many friends in this
part of the state who will be glad to
learn of his we'll deserved promotion
Mr.. and Mrs. Donohue and young
son have lived in Kalispell until this
winter when they removed to Libby
SO that MIR. Donohue could be nearer
the work being done on the switch
back project.
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1930-02-27
A Delightful Birthday Party.

One Of the most delightful social
affairs of the winter was a dinner
party given by Mrs. Frank J. JEFF
ferson in honor of her husband 5
birthday on February %. Twenty-Five
guests sat down to most delicious
three course dinner.
The decorations were in the national
colors, the favors being red ecarna-
tons.
Mrs. Ned Joughin presented Mr..
Jefferson with fooled leather trav-
elling case, in behalf of the guests,
expressing appreciation Of the genu-
inc hospitality Of the Jefferson home
After dinner, the game of pinochle
was played. Harry Bolyard ran the
radio. Prizes for high score went to
Mr.. and Mrs. Smithbarger and for low
to Mrs Bolyard and Carleton Jough-
in.
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1930-02-27
EStillable
WonlanGOeS
To Reward
Mrs. John P. Wall Passes
Away After Several
Weeks Illness.
WAS A GRACIOUS
CHRISTIAN WOMAN

The entire community was touched
with feeling of deep sadness when
it was learned Monday morning that
Mrs. John P. Wall had passed away
at her home here Sunday evening
about II o'clock. Mrs. Wall had suf-
fered an apoplectic stroke several
weeks ago and had been lying in a
state Of coma since. While her death
WAS not unexpected, it nevertheless
left = profound sense Of loss by the
community because Of the passing Of
q woman remarkable in her Christian
charity and kindness Of heart.
Funeral services were held from
st. Joseph's Catholic church this
morning, conducted by the pastor, the
Rev. FIR. McRdry, assisted by his
brother, Rev. FIR. Henry McRory, and
Rev. Burke of Eureka, in requiem
high Mass. Burial was in the Libby
cemetery by the side of her husband,
who passed away several years ago.
Out of respect to one who was held
in the highest esteem and in honor
of a citizen of many years, all bust
ness houses were closed during the
hours of the services. An unusually
large number attended the services
and followed the remains to their last
resting place. A great abundance of
flowers banked the coffin, gifts from
sorrowing friends.
Pallbearers were friends of many
years standing, Frank Pival, w. N.
Curtis, Jos. Hennessy, Vernon Croft
teau, p. Hughes of Libby and w. E.
Greiner Of Spokane. Honorary pail
bearers were Jos. Fennessy, S. D. Me-
Carthy, Jas. NJ. Blackboard, A. G.
Herbst, w. e. Dexter, Jos. Conroy, J.
A. Krah, J. D. Weir, A. l. Thompson.
G. w. Millett and W. A. Hills.
Hymns were sung by = choir COM
posed Of Mrs. A. NJ. Hoffman, or
ganist, Mrs. ]. A. Krall,. Mira Ell
Wood, Mrs Agnes Lee, Mrs. Pitcher,
Mrs. J. Wink, Mrs. Rosetta Burke, and
Mrs. Josephine Austin, under the d.
rection Of Mrs. Susan Carleton, the
regular choir director.
Relatives attending from q dis
lance were ! brother-in-law, Thomas
Wall Of Nelson, B. c.; nephew, DR..
John Hanrahan Of WOODBURY., Ore.
a niece, Mrs. E. c. Sawyer Of Brew
ster, Wn., and Miss Mary Wall, a
niece, OF Spokane, who has been at
the bedside of her aunt since she was
stricken.
Mrs. Wall was born on March 81,
1862, in Tralee, County Kerry, Ire
Land, and would have been So years
old at her next birthday. She came
to America in 1882 and was married
to John P. Wall September IA, 1898
in St. Paul, Mimi, and came to Libby
the same month She made her home
here since that time, thus living here
az years, taking keen and active in
terest in community life at all times
and loving her home town with a sin
cere affection. Mr.. Wall was promi-
nent merchant here and he and Mrs
Wall took active part in the
development Of the town.
Too much cannot be said in praise
of this remarkable woman. Perhaps
the highest compliment that can be
Continued on page five)
Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1930-02-27
1929 Was
ACtiveYearIn
Local Forest
Built I'll Miles Of Trail and
Handled One Hundred
And Seven Fires.
CONTROLLING BLAZES
TOTALED $139,619.00

That administration Of a national
forest involves great deal Of work
Is proven by statement just given
out BY F. ]. jefferson, supervisor of
the Kootenai national forest. The for
est crews handled 1877 fires in 1929
besides building many miles Of trail.
telephone lines, lookout stations, cab
ms and warehouses. Mr.. jefferson
gives the following statement of
work done during 1929:
There were built 271 miles of trail.
80 miles of telephone line, 4 lookout
observatories, S fireman cabins, 10
other buildings such as storehouses,
cellars, etc.
We handled timber cut Of about
II million feet, sold about 30 mil
lion and cruised about 10000 acres
in preparation for further sales; 800
acres were planted to yellow and
white pine; and almost 5000 acres
given insect control treatment.
During the season we handled a to-
tai of 167 fires, Of which 1870 were
held to less than 10 acres and $50
Of these to less than one-quarter
acre. Twelve per cent reached q size
of more than 10 acres. The total acre
age burned was 3949. This represents
about two-tenths of one per cent Of
the area handled by the Kootenai for
est. The cost of fire suppression was
$139,619.00, or little less than sew
en- cents per acre for the gross area
handled.
Precipitation for 1928 was only
three-foul'ths of the normal, for 1929
it was only one-haf of normal. This
combination produced an abnormally
dry year and burning conditions were
generally rated as being the worst
ever experienced.