davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-25
FINANCING PROGRAM
FORMED BY BUILDERS
Leaders of Construction Industry
in q. s. Plan Better Employ
ment Of Credit.
BY the Associated Press.

BY the Associated Press.
Foreshadowing new era Of resocnsi-
bility and sterilization in the construc
ton industry, approved cooperative
plans to place the financing of construc-
ton more directly upon the financial
institutions and to outlaw prevalent
credit abuses were announced at It,
meeting here last week by the Board
Of Allied Construction Industries.
The board completed administrative
plans to carry out the program of Or
ganized groups of buyers and seller
within the industry to establish sound
credit conditions and nurture RESPONSE
bility by cooperative adherence To
standard terms and practices.
In view of the economic Importance
of the plan to the entire business
structure of the Nation, members of the
board conferred at length with officials
of the Department of Justice in charge
Of Federal antitrust law matters.
The board pointed out that credit
regulation is more essential to the es-
Enlistment of responsibility in the
construction industry than in any other
line of business, but that. due primarily
to the reliance placed on the efficacy
of the mechanics lien law and intensive
competition, loose and indiscriminate
credits have long existed, penalizing
the responsible contractors in the COM
petitive field. They assert credit is
simply and essentially loan and that
its wide extension within the industry
should be curbed sharply and left to
the institutions whose business primarily
Is finance.
Promotional work in establishing
throughout the country local credit bu-
reauS, to cooperate ON q national basis
with the Bureau of Credit Informa-
ton, Inc, will be started at once and
with such regulations that no one will
undertake to assume more liability than
he has assets. Standard credit terms,
applicable to the various construction
divisions in each city and including an
automatic credit CUTOFF date, will be
developed by the affiliated group in
every locality, with the local credit bu-
reaus being set up to gather and dis
Seminate information as to delinquent
accounts. These will be automatically
placed upon cash basis until past
due accounts are settled
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-25
Coal Mined Quickly.

For the purpose of making test of
mining and delivery efficiency, an order
for 600 tons of coal was given by the
Edison Co. of New York to the Poca-
hontas Fuel Co. and in three days the
coal was mined. shipped and being used
at the He'll Gate station of the cleo
trio company The order consisted of
rs cars. Mined on Tuesday, the coal
was Immediately loaded onto cars and
transported the 400 miles to Norfolk,
Va. In three hours after arrival 1t had
started on its 300-mile journey by COL
lier to New York
the boat locked at the water front and
five minutes later the coal was being
conveyed to the bunkers on its way to
boilers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-25
MARYLAND OYSTER
INDUSTRY is AIDED
New Methods of Growing Bivalves
Will Be Used in Chesa-
peake Beds.
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE, August 25.-New
methods in oyster culture. which will be
practiced in the rehabilitation of Chesa-
peake Bay beds. were obtained by
Maryland's delegation to the conven-
ton of the National Fisheries Asso-
citation and the Oyster Growers and
Dealers Association last week at Say
vile and Greenport, Long Island.
Maryland was represented at the con-
vention by Conservation Commissioner
Swepson Earle, chairman Of the Execu-
tive Committee Of the Fisheries Asso-
citation: Or. r. w. Truitt OF the Uni
versity of Maryland and acting biologist
in charge of the States marine labora-
tory, and ii. E. Collins, engineer OF
the Conservation Commission.
In addition 10 the reading of papers
on the shell-fish industry. discussions
on epat collectors, shell-fish enemies
and their control, development of the
industry and marketing. the conven.
ton included practical and scientific
demonstration b. the Bhepoint com
pany, end inspsetien of the Greai
South Bay oyster bees.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-25
Business Notes

BY the Associated Press.
NEW YORK, August 25.-Automobile
accessories will be marketed by the
Louisiana Oil Refining Co. in nearly
5000 filling stations in six States. Dis
tribution of the accessories will be
made by automatic vending machines,
and cigarettes and tobacco also will
be sold.
Some bordering ON Fall merchan-
disc featured activity in the New York
whole 5ale markets during the week
Aided by favorable weather conditions,
retailers found it necessary to replenish
stocks of number OF items The re-
ordering movement, however, has yet to
reach broad proportions.
Substantial increases in sales OF
electricity and gas as compared with a
year ago are reported by Central Pub
lie Service Corporation. In July ell
properties of the corporation reported
an increase of 2l3 per cent In cleo
triclty sales. while for the seven
months ended July 81 the increase was
2,58 per cent.
With surplus stocks @ linen house.
hold materials almost completely liqIi-
dated, retail buyers are reported To be
placing orders on Fall merchandise
While commitments are considerably
| lighter than last year, sellers look for
| improvement in the next month.
------~---- s---------4<-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-25
QUIET STOCK TRADING
FORECAST DURING WEEK

Special Dispatch to The Star
NEW YORK, August 25.-Wall Street
predicts only moderate volume of Sc
curity trading for this five-day week.
Although somewhat disappointed by
the character of recent business news,
the Street draws encouragement from
the action of the market itself. Pools
are endeavoring to maintain present
levels, rather than boost quotations,
until improvement in the steel industry,
carloading gains and betterment in
commodity prices will attract the pub
lie into the stock market.
Because the moderate setbacks of
1927 and 1924 failed to repeat them
selves in the present depression the
public is overrating discouraging factors.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-25
SEARS, R0EBU"K RETAIL
EXPERIMENT WATCHED

Special Dispatch 10 The star.
CHICAGO, August 25.-Entry of
Sears. Roebuck &, Co. into the retail
distribution of groceries on large scale
looms as possibility today. Although
no official announcement was made, it
is understood on excellent authority
that the FIRST experimental step in this
direction will be taken in September.
william IL. Albers, fcrmer chairman of
kroger Grocery a. Baking Co., will
supervise the installation Of grocery
department in two of the Sears, Roe
buck & Co. stores, one in Chicago and
one in Cincinnati
Naturally, the Sears. Roebuck &
Co executives, with the RESPONSIBILITY
of directing a business with resources
Of a quarter of a billion and annual
sales of nearly half billion, have not
committed themselves as to their flu
ture plans. 1t is only the inference of
outsiders. knowing the energy of Mr..
Albers and the powerful momentum of
Sears enterprise in any venture of
proven potentiality, who predict wider
expansion in the event that the initial
experiment is successful.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-25
PRICES ARE MIXED
IN CURB TRADING
Aircraft Stoc.';;s Strong, but
Utilities and Oils Lose
Ground.
BY JOHN A. cEoNE.

Special dispatch to The STAR.
NEW YORK, August 25.-After
opening higher, the New York Curt
Exchange ran into an increased vol
ume of offerings as trading progressed
and prices developed mixed tendencies
today
The narrow-price moves of Electric
Bond g. Share were not followed by its
subsidiary, American g. Foreign Power,
which rose nearly 2 posts Cities
Service, like most of the oirs, eased
Ford Motors, Ltd, resumed motor
leadership and moved to higher levels.
Public utilities were firm in the fore
noon as oils weakened. Aside from
uniformity in these groups and strength
in air shares, which was simultaneous
with the Chicago Aviation Show. the
rest of the list moved more in response
to specific news or market develop
ment than to general trends.
Middle West Utilities sold off on an
nouncement that it had extended its
A and b warrants until December 81,
1880. and the latter gave the privilege
of buying common at $45 a share until
January 81, 1891.
United Light e. Power A was higher
In early dealings, despite intimation
that the company will have to do
$50.000,0 900 of financing
The recent rise in American Com
monwealths A, according to floor
rumors, is due to expectation that two
shares of it will be exchanged for one
United Light & Power A. Utility bank
ers are skeptical of these rumors be-
cause the present head of American
Commemorative formerly led United
Light & Power and has put as much
efforts in building UP the former as he
formerly did on the latter concern.
Centrifugal Pipe in point of percent
age, showed the widest gain in forenoon
dealings, as it rose ga points to a
record high Former market sponsors
say the present move is based on organ
ICED buying, while traders say the COM
pany soon will announce important
orders.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-25
Burns Descendant Helps.

Mrs. Burns Covering, a great-grand-
daughter of Robert Burns, took part re-
Gently in a ceremony in connection with
the erection of five additional houses at
the Glasgow Burns Memorial Cottage
Homes, Mauchline, Scotland. The cere-
mony was the cutting of the first sod
erected at an estimated cost of $4,000
Mrs Burns Covering, who resides at
Eastbourne, is the granddaughter Of
Lieut.. Col. James Glencairn Burns, the
fourth son of the poet. The late
Gabriel Bulloch. Glasgow, bequeathed
$1,000 to the cottage homes
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-25
GRAIN MARKET.

CHICAGO, August 25 (P).-An 1885,
000-bushel increase of the United States
wheat visible supply accompanied lower
prices today for wheat. The increase
brings the total up to 182,275,o00
bushels, against 1882 900 bushels a
year ago. Good rains in Kansas favor
able for Fall blowing tended also to
ease wheat values down and to offset
fresh reports that nearly all States are
showing use of wheat as feed to an
extent beyond anything heretofore ex-
pected.
Wheat closed unsettled 14a34 a
bushel lower than Saturdays finish.
Corn closed unchanged to "a down;
oats, unchanged to q off, and pro-
visions varying from decline to a
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-25
NEW YORK COTTON

NEW YORK, August IS (SpeciaD -
Realizing sales on the Cotton Exchange
were absorbed on moderate early after
noon reactions and the market adj
vanced to new highs for the day on in
creased covering, with the general mar
ket closing at net gains of IS to 20
points. The spot market was 20 points
higher at 1l.46.
COTTON ranre.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-25
Markets at a Glance

NEW YORK, August IS (P.-Stocks
heavy; oils at new lows. Bonds irreg-
ular; Peruvian bonds at new lows.
Curb heavy; utilities sag after early
f1rmness. Foreign exchanges irregular;
sterling easier Cotton steady; abb
sence of hedge selling. Sugar lower;
easier spot market. Coffee lower; dis
appointing Brazilian markets.
CHICAGO. August Is (P.-Wheat
easy; increased visible supply. Corn
lower: larger Argentine offerings Cat
tie higher Hogs steady to lower.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-25
NEW SECURITIES

NEW YORK, August IS (P).-New
securities offered today include:
Chicago, ILL.,, sanitary district, ST.
$4,000 4l2 per cent bonds, maturing
3 to 405 per cent, by A. B. Leach
q Co.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-25
TREASURY CERTIFICATES.

Squirrel skins imported into the
United States last year were valued at
$5,134.O70.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-25
CHICAGO STOCK MARKET
BY the Associated Press.

CHICAGO, August 25-Following is
the complete official list of transactions
! in stocks on the Chicago Stock Ex-
change today:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-25
NEW YORK CURB MARKET s s: n: '1;: : S S:

Note-AH stocks are sold In hundred-share let's
excepting those designated by the letter SOsl (250s)
which shows those stocks to be sold in odd lots only
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-25

Nearly 2.000,0 900 people in Germany
are receiving unemployment aid.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-25

Dividend rates in dollars quarterly semi
annual payment
Unit Of trading less than 100 shares
Fs In stock Payable in cash Payable
Adjustment dividend ( Plus So
Plus IL in stock Plus 2 stock Plus ioE in stock Plus
81 in stock. Plus 80 in
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-25

Money to Loan
Secured By first deed Of trust on real estate.
Prevailing interest and commission.
Joseph |. Weller tsS ,d Wa. an ( ( z S TIg.'
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-25
First Mortgage Loans

Lowest Rates Of interest and Commission
Thomas J. Fisher & Company. Inc.
The border vidette., 1930-02-15
30 j. WHiTESIOE REACHES 18Th
YeAR-ARiZONA PIONEER

Phoenix, Feb. .6.-Bo j. White
side will pass his 75th milestone
on the path of life at 8 o'clock
this morning. The aged ser
geant-at-arms of several Arizona
legislatures. still hale and hearty
despite his three score, IS years,
came to Arizona 49 years ago to
help prepare the growing com
monwealth for statehood. Today
be can look back over one of the
most colorful careers, both po
litically and economically. bosted
by any person who figured in
the development of Arizona.
In looking back over the 74th
year, Bo Whiteside laments the
passing OF one of bis long
pals, Major George Kelly, state
historian. Bo is just a year, or
was, a day behind Major Kelly
in age. Bo was born at Parks
Bar. Yuba county, California,
February 6, 1855, and has cover
ed ground with plenty of activity
since.
The border vidette., 1930-02-15
NOGALES INVITED TO CHANDLER

Chandler, Ariz.. Feb. 10
Along with fourteen other like
organizations of the state. the
Nogales Country Club has been
invited to participate in the an.
nual Amateur Open champion.
ship tournament to be held on
the fine links of the San Marcos
Golf Club at Chandler, Arizona.
on Friday, Saturday and Sun.
day, February 81. % and %.
This course, said to be one of
the finest in the Southwest, is
ordinarily reserved for the pri.
vate use of the guests of Chand.
ler's exclusive San Marcos,
which is at present completely
filed with it's annual midwinter
quote of disting uished men and
women guests from leading cities
of the United States. The 18
holes of this course were recent.
ly played by Horton Smith, the
country's leading pro. in an ex.
hibition match before a large and
colorful gallery.
The forthcoming Amateur Op.
en- championship will be without
handicaps. Entries may be made
direct to the San Marcos Golf
Club. after which the qualifying
round may be played on Thurs.
day, the Goth. Players may
make their own matches for the
qualifying round, but otherwise
will be paired at the club house.
First eight will qualify for the
championship fight, the second
eight for the first flight. and so
on down the line, with sufficient
| flights to take care Of all en-
trants.
Regular play for the first
round in each flight will start at
1:3O p. N. on the 2lst. semi 6Aals
starting at 900 q. N. Friday,
with finals and consolation flight
on Sunday. Each match will be-
for 18 holes except the cham
pionship flight, which will call
tor 36 holes match play.
Much preliminary interest at.
ttaches to this annual San Marcos
event. with it's delightful en-.
vironment. The host club is
Offering some nice prizes for the
low medal qualifying round. the
winner in each flight, the runner
up in each fight and the conso.
lation flight. These prizes are
now on exhibition at the Hotel
San Marcos in Chandler. The
winner of the championship
flight will also have his name
engraved on the San Marcos cup.
The border vidette., 1930-02-15
PLAN SECOND TIJUANA

Tucson, Ariz. .-Esta blishment,
of a $500, 900 distillery and casino
at Sasabe. Sonora, on the Ari.
zona border, is being planned, it,
was learned upon the arrival
here today of Jack Shaw, veteran
mining man. associated in the deal
The casino will consist of q 80.
room hotel and gaming halls.
There is also a possibility of g.
race track at later date. Pres.
ent plans, as announced today.
indicate that promoters of the
enterprise intend to convert Sa.
sabe into a second Tijuana. A
tract of 6. 200 acres has now been
leased at Sasabe and construc.
tion work is expected TO start.
within six weeks.
The border vidette., 1930-02-15
books in the display is one of
the most complete exhibitions Of
the creative work that has been
done by the faculty ever featured
YERBA BUENA RANCH SOLD

Tucson, Feb. 1O.-Sale of the
old Yerba Buena ranch, 9 miles
north of Nogales. one of the
oldest ranches in Arizona, to
Thomas +. Griffin, a former stu
dent in Evans School and the
University of Arizona, who has
returned to make his home in
Arizona, has just been consum
ated.
The sale includes $500 acres
of land, of which three to four
hundred acres is farm land, four
dwelling, corrals and 1000 head
of cattle. The sale price, while
not revealed. is believed to have
been about $4,000.
It is the second investment
which Mr.. Griffin has made since
be decided to return to Arizona.
He purchased a large home in
Colonia Solana some time ago
and has completely furnished it.
He will maintain this home and
operate the ranch at the same
time.
The ranch has been owned and
operated by James Finley for a
number of years. The sale was
handled by J. G. Grant of the
Herbert Drachman Realty Com
pany. Mr.. Griffin has already
taken possession of the property
but the Finleys will continue to
reside there until May 10, assist
ing the new owner in taking hold
of his duties.
Included in the thousand head
of cattle are a number of pure
bred bulls and other high"grade
cattle. The ranch is one of the
oldest in the south west and one
of the most beautiful, being
traversed by two and half miles
of the Santa Cruz river. and
dotted with numerous trees. Re
mains of early Indian fortitica
tions are to be found there.
Mr.. Griffin, the purchaser,
came to Arizona first as a student
at Evans School. He became so
interested in Arizona that be re.
turned later and enrolled in the
University of Arizona. He is
the son of the president of the
Griffin Wheel Company. of Chi
cago, and formerly resided in
Washington. He is a personal
friend of the Lee brothers, who
own a ranch in that vicinity.
The border vidette., 1930-02-15
STATE CoNvIcTs MUST WORK

Phoenix. Because for many
years idleness has contributed
in no wise to Improvement of the
men in the state prison at Flor.
ence, many of the 500 convicts
now housed there are shortly to-
be put to work making little
ones out of big ones."
But instead of taking formi.
dable pile of boulders, and re-.
ducing them to crushed rock for
paving, the prisoners will have
a more than formidable noun.
tain of mesquite stumps.
On the Sacaton Indian reser.
vation, where the government is
clearing $4,000 acres to be cult.
vated by the Pimas, the great
stack of stumps is growing daily
Indian ak crews quickly re-
duce the trunks of the mesquite
trees to firewood, of which the
clearing is expected to produce
some 10000 cords. The stumps
are cast aside. however, because
the time required to split them
up to stove and fire place sizes
makes the cost prohibitive.
AT the prison there are just
plenty of men who haven't a
thing in the world but time" Lo
Wright, warden. remarked as be
made arrangements to have the
stumps transposed to the prison.
The border vidette., 1930-02-15
ARIZONA ROAD IMPROVEMENTS

Arizona highway improve.
ments under contract or con.
struction involving an expendi
ture of $3,667,O of which
$2,762,O00 will be paid from
federal funds. the bureau of
public roads announced yester
day. says the Tempe News.
Considerable additional work
is in process of preparation and
is expected to be under contract
soon..
The 81 projects provide for
work on 342 miles of roads.
Work now being done on the
Ash Fork Kingman highway in
cludes drainage and grading of
l6 miles near Peach Springs.
Grading, drainage and surfacing
is being done on the Wellton and
Yuma highway and also the Gila
Bend Yuma highway is being
improved by oil surfacing.
A bridge is being built over
the Aqua Fria river on the
Phoenix and Yuma highway and
a contract has been awarded foi
bridge to span the Salt River
at Tempe.
More than 20 miles of Mesa
and Florence Junction road il
being improved by grading
drainage and application of oil.
The border vidette., 1930-02-15
UNIVERSITY OF ARIZONA NEWS

University of Arizona (Tucson)
Feb. II. - A preliminary an.
nouncement of the annual sum
mer session of the university of
Arizona states that the first term
of summer work will open June
9. The date for registration for
the session will come immediate
ly after the close Of the regular
school year.
The summer session this year
is to be held at Tucson and all
OF the regular university equip.
ment will be available to the
students registering for the
work. Last year the university
summer session was held at
Flagstaff, Arizona.
There will be two terms, the
first one beginning June 9 and
ending July II and the second
term beginning July IA and end.
ing August 6. The courses are
planned in two divisions, gradu
ate work and undergraduate.
Graduate courses will lead to
advanced degrees in arts, educa.
ton and science. The under
graduate courses will lead to
bachelors degrees in arts, edu
cation, engineering, science and
to teaching certificates with the
bachelors degree for elementary
and secondary schools.
The 1880 field course of the
summer session will be in archa.
eology and anthropology. The
natural resources Of the state
will be utilized in the field course
study and the courses will be
under the direction of research
men of national standing.
Sequences of study have been
arranged in several academic
studies and students will be al
lowed to plan their work in ad
vance if they are planning to
secure g. degree. Dean J. w.
Clarson of the college of educa
ton will be in charge OF the
summer session,
The border vidette., 1930-02-15

:
An announcement by A. L.
Slonaker, graduate manager of
the student body, made today
places Thursday, February 20,
as the last date on which entries
to the state high school basket
ball tournament will be accepted
The tournament which will be
played off in the university gym.
nasium under the direction of
head coach J. F. McKale will be
limited to sixteen Arizona high
school teams. Should more than
sixteen teams apply for admit
tance to the tourney the ones
that have had the best records
thus far during the year will be
chosen to compete.
Extensive preparations are be.
ing made at the university to
receive the high school players
and there will be an honor re
ception and luncheon for the
team members. coaches and ad
ministrators at the university
dining hall the night the tourna
ment opens.