davidaulloa/AmericanStories huggingface dataset:
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-03-16

Leland Outsprints Bracey in Fort Worth CarniuaL
Arrange County
Meet Monday
fSnecinl to The Herald.l

SAN BENITO, March ia
meeting Of all Cameron county
school field and track represen-
tatives has been called here
Monday night by J. w. Red)
Irvine, county director.
At this session all plans for
the county track meet will be
made. Irvine urges that all
schools have an authorized rep
resentative present who can
speak for all their teams.
The county meet will be held
al Harlingen either Mar. 21-22
or 1929. This will be decided
definitely at the San Benito
session.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-03-16

les and Armstrong who had gone
out on personal fouls.
At the half. the Valleyites led by
five points.
The DONATES, the other Valley
quint in the state play-off, was
eliminated in the second round BY
Schepp's Aces, after having drawn
a bye in the opener.
The box Of Harlingen's hair
raising loss follows:
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-03-16
HurIers Ready

PENSACOLA, Fla, March IS
RHEvery one OF the Boston Red
Sox regular pitchers. except Big Ed
Morris, was described as In perfect
trim here today by Manager Heinie
Wagner. Morris, always slow in get
ting in shape, promises to be ready
to take his turn when the season
opens, Wagner said.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-03-16
And Mission?

And Mission?
SAN ANTONIO, March 15-CPl-
The New York Giants rallied in the
eighth inning today to win their
first exhibition game from the Chi
cago White Sox 8 to 5.
Trailing by two runs. the National
leaguers fell on George Connally.
formerly Of Dallas for three runs
in the eighth to take the lead and
game.
Chicago CA) OH 100 100 ) s /
New York CN 600 100 03x 6 10 2
Lyons. Connaly and Berg: Par
melee, Lucas, Heving and OFar-
rel.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-03-16

ST. PETERSBURG, Fla, March
l5-CP-One big inning was enough
for the New York Yankees to de-
feat the Boston Braves 4 to 2 in an
exhibition game here today.
BOSTON (N 200 900 600 2 5
New York CA) 900 400 900 4 9
Brown, Cunningham and Gowdy
and Spohrer; Andrews. Gomez.
Polli and Hargrave, Dickey.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-03-16
Frisch Out

..Bradenton, Fla, March i5- -
F1-nkie Frisch will be the only
Cardinal regular missing when Sc.
Louis engages the Philadelphia Ma
tionals in an exhibition game at
Winter Haven tomorrow. Manager
Street plans to give Frisch another
week before pressing him into SER
vice.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-03-16

WEST PALM BEACH, Fla, March
l5-P-The st. Louis Browns
playing their second exhibition
game Of the season here today,
gained a . to 0 decision Of the Mil
waukee Brewers Of the American
association.
Score.
Milwaukee 900 600 600 0 8 :
Browns 030 800 ok 8 10 O
Block. Stark. Hopkins and Young
Shanks; Crowder, Caldwell and Fer
rel, Hungling.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-03-16
STANDINGS

Following H. the standings In the
Brownsville Elks billiard tourna-
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-03-16

drill in covering first base on in
field drives.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-03-16

O44AlIAlS. WIIAIAEISOW anu GIL,
referees: Beaumier, scorer: j. Duns-
more, timer.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-02
Good Taste Is the Only
Safeguard in Choosing
Upholstered Furniture

When you choose of ''The Upholstered Ensem
bes'' at Mayer Co. you choose good and good
taste is always in STYLE Our designs follow definite
rules of art, which will always keep them in fashion
You do not find, at Mayer & Co.., furniture that is
stylish only for two. Inspect it tomorrow.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-02
Ka1pen Construction
Is Guaranteed

You are safe when you purchase Karpen
Upholstered Furniture, at Mayer & Co. Karpen
construction is guaranteed. Besides, our Kar.
pen Upholstered Furniture is filled with clean
hair and cOttOn-frames are all hardwood,
screwed, glued and doweIed-springs of the
finest tempered wire, webbed bottoms and
webbed all around. You are safe to buy it.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-02
takes the TdShIOn Tead

HE smart Living Room today chooses ''The Up.
hOlstered Ensemble and becomes Evable,
comfortable place with style that is perennialIy
rect. When you choose an upholstered Ensemble
at Mayer Co. you select your living room furni.
ture the decorator would do it.
These beautiful Ensembles are at MAYER & Co. i'm
much variety-sOme with all three pieces diff.
ferent but harmonious in design and cOIoring, and
others with two pieces alike, and third piece har.
mOniOusly treated See them here tomorrow.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-02
Luxurious Karpen
Club Chair, 500
illustrated at Lett

Sink into the deep depths of this
large English cIub-type armchair and
you'll want to stay there long time.
This is the type of chair man loves for
relaxation and comfort; the type of
chair woman likes to make her home
look honey and attractive. It's Karpen
chair-full of individualism, at only
$69-in your choice of many delight
full tapestries. Like illustration at left.
Other KGrpen Chairs
from $I8.75 to 1925
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-02

AT MAYER & co. ALWAYS
YOU WILL FIND KARPEN
UPHOLSTERED FURNITURE
IN SMART, TASTEFUL DESIGNS
The Washington times., 1930-05-26
Auto Parts Industry
ShOlUs Gain In April

April proved to be a very salts
factory month for manufacturers
in the automotiVe parts-accessory
industry, business showing a
marked gain over March. There
has been no evidence of curtail-
ment of operations so far this
month, and May will quite pos
sibly register a slight increase
over April, according to the Mo-
tor and Equipment Association.
Increased business was reported
by both the suppliers of units,
parts and accessories to the car
and truck manufacturers for or
iginal equipment to the trade.
The business of wholesalers also
forged ahead.
There has been a consistent
gain in the parts industry since
the first of the year from the
low levels reached in the closing
months of 1929. but operations
are still running below the same
period last year.
The Washington times., 1930-05-26
EXCHANGES AID
SYSTEM

NEW YORK. May 26 (U.SO
Progress in the establishment OF
regional clearing houses in the
districts as a means OF
strengthening banking conditions
VS. reported by the committee
on clearing houses and clearing
functions at the meeting of the
American Bankers Association
executive council. The report
said:
The regional clearing house
idea has been making definite
progress. A number of new
associations have been organ
iZed the last half-year and ad-
ditiOnal ones are either under
contemplation or in process of
organization.
Places Listed
CAR - them are those at
SpangIer. Pa, for northern
Cambria; ArdmOre, okla,
Southern Oklahoma; Cumber-
Lind, Md, Group l; Lincoln.
Neb., "a banks; Walla Walla.
Wash, Blue Mountain Regional
Clearing House Association,
and Santa Rosa, Calf, for So
nOma county.
In Georgia, through the ex-
iSting metropolitan, county and
regional clearing houses, the
lO-pOint plan is being pushed
to accomplish Standardization
and uniformitieS. In Nebraska,
in addition to the original
regional clearing house in the
Fremont district, there have
been organized three regional
clearing houses which are func-
tiOning satisfactorily. In Iowa
the county plan has been en-
plOyed in collaboration with ex.
aminerS degiSnated to specific
regions.
I'm Minnesota there are four
regional clearing houses in
Guiding the Southeastern Min
nesota regional clearing house
now being organized.
Missouri Has Three
Missouri presents three re-
giOnal clearing house associa-
tiOnS, which are working in
close cooperation with the bank
ing department and designated
examiners. In Illinois the
work Is progressing satiSfac-
tOrily in cooperation with the
Illinois Bankers Association.
Zone regional clearing house
of considerable extent was or
ganized in the southwestern
part of the State and is being
used as a model for further
extension of the system. In
Mississippi there are three
county and one regional clear
ing house. In Oklahoma there
are two regional clearing houses
and two additional ones pro-
iected"
The Washington times., 1930-05-26
BOND DEMAND
HIGHER

NEW YORK. May 26. - Ennis
sion of new bond issues, which
has exceeded other forms of cap
ital financing since the beginning
of the year, should continue to
run large so long as easy money
conditions exist. The mid-month
review of the Irving Trust Com
pany states.
Discussing this prospect, the
bank points out that the heavy
volume of new capital issues this
year has been a feature of the
business situation receiving little
attention. 1t represents quite a
change in respect TO conditions
prevailing in 1929 when a ma,
.iority of the new securities floated
we're in the form of stock issues
for investment trusts, trading and
holding companies.
These flotations. the bank de-
Clares. assumed such proportions
in 1929 as to become an i'm.
portant element in the expansion
Of brokers loans and in the rise
Of Short-term money rates. They
were also an influence tending
toward the collapse of stock prices
last fall. Continuing, the bank
adds:
tissues of this type have been
relatively small this year, where
as there has been a sharp ex-
pansion in issues, the proceeds
from which are to be used
mainly to finance new conStruc-
tiOn and improvements, and ex
tensions to plant and equipment.
This is evidenced in the rise
since November in the total new
financing of public utility, rail
road, manufacturing and mining
corporations.
From January to April, in
elusive, this year, bond issues
made up about ~ per cent Of
the total new corporate flOta-
tions. Issues of States and
municipalities, which, as in the
case of corporate bond flOta-
tiOnS mean additional cOnStruc-
tiOn activities, have increased
considerably as compared with
the first four months of 1929"
The Washington times., 1930-05-26
REPORT
IS NORMAL

NEW YORK, May 26. Al
though slight increases have been
shown by some branches of in
dustry and trade during the last
few weeks, definite signs of buSi-
ness revival are still absent, the
current survey by the Guaranty
: 'st Company shows.
The survey pointed out that
the seasonal peak of spring &C
tivity was reached in March and
that the normal influences max
ing for curtailment are now in
evidence. 1t stated, however, the
contraction taking place is un-
usually slight and added:
"On the whole it appears
that the general situation and
outlook are substantially what
they were a month ago. BUS
ness congresses are following
extremely conservative policies
and are holding themselves
ready to respond to the first
signs Of improvement"
The general financial situa-
ton. according to the survey.
remains favorable to business re-
coVery in certain respects, while
in others it appears that con.
ditionS are less encouraging.
The survey drew attention 10
the fact that the construction
industry has already maintained
the improvement that was in
dicated by the large increase in
contracts awarded in March.
The Washington times., 1930-05-26
North American
Assets Increase

NEW YORK, May 26>-Consol-
idated balance sheet of the North
American Company and subsid-
iarieS as of March 81, 1890, dis
closes current assets of $62. 1885,
528, as compared with $62, ,581,-
730 on the same date last year.
Total current liabilities OH The
same date aggregated $1O,661,
254, against $11, 1,428,163 on March
81, 1929.
The current assets included
$22, 2,506,695 in cash, of which
$1,000,000 was loaned in the call
money market. This comLares
with call loans of $4,000 900
on the same date a year ago.
Bankers acceptances and GER
tificates of deposit totaled S.
373,528, while holdings of U.
S. Government securities amount,
ed to $4,0O3.702. Inventories
were carried at $12,689,362, and
plant and property at $3.50, 1O6,.
.710.
The Washington times., 1930-05-26
BRIEF BEAR
TTACKS
LIKELY
No Great Gains in Trading
Volume Expected by Mart
Expert for Some Time
BY THE SPECTATOR

Continuance of the strong
tone that prevailed Friday and
Saturday is the outlook for today
in the stock market. An in
crease of activity in the railroad
shares and mounting optimism
regarding the automobile indus
try are the principal factors
pointing to General betterment
Of the list.
I expect no great gain in trad
ing volume, although the improve
ment in prices during the last
few days is likely to attract
some public participation. In the
event of a further rally up to
noon today, 1 would look for
profit-taking and a new drive by
the bears, who have learned that,
In these dull markets, it is COM
paratively easy to scalp profits
on the short side.
The week is likely to bring a
succession of rallies and set-backS,
with little or no actual progress
in either direction. The market
does not seem ready to establish
a definite trend.
The Washington times., 1930-05-26
Chicago Maintains
Retail Trade Pace

CHICAGO, May 26.-With Chi
CagoS retail trade holding recent
gains and wholesome drygoods ac-
tivity increasing during the past
week, a more confident feeling is
apparent in business circles.
Summer dresses, hosiery and
laceS are moving well at whole
sale. But credit conditions are re-
ported to be causing some diff
Guilty. Many rural retailers in the
Chicago district have sold farmers
on credit and are hampered by
unpaid accounts in making their
own commitments. The difficulty
IS expected to right itself when
the new crops begin to move. Au-
tomobile sales are slower in keep
ing with the season. Building con-
tracts let in Chicago since May
averaged $685,000 a business day
compared with a daily rate Of
$1,317,00 for May of last year.
The Washington times., 1930-05-26
WEAK METHODS
BLAMED

Failure of the Treasury Depart
ment to contest in the courts
the tax refund claims Of the
United States Steel Corporation
has resulted in a loss to the
Government of at least $9,000,-
900, and possibly $26,00O,000,
Representative John N. Garner
DD, of Texas, charged yester-
day.
Gross negligence" was Gar
ner's characterization of the
Treasury's handling of the steel
corporation case. He said;
Zone of the points at issue
in the steel corporation case
was the eIemination of inter
company profits from the 1918
inventory. This point was con-
ceded in favor of the steel
corporation by the Treasury
Department and the majority
members of the joint congress
sional committee on internal
revenue taxation.
ION April Z, the Court of
Claims handed down a unani-
nous decision on this point in
the Packard case, showing that
the rule used by the Treasury
Department was wrong.
The Washington times., 1930-05-26
Business Sluggish
In st. Louis Area

ST. LOUIS. May 26. - General
business conditions in this section
are not satisfactory. although a
betterment is expected before the
close of the year.
The mayor has been called
upon to speed up city improve.
ments in order to relieve the un,
employment situation.
Cool weather has slowed up re-
tail sales, and the same cause
has slowed wholesale sales, par.
ticularly those dealing in cloth.
ing. While shoe manufacturers
report a fair volume of sales, it
is not near that of the same
period last year.
The Washington times., 1930-05-26
Montgomery-Ward

Already there is increased inter
est in the market action of Mont
gomery-Ward, as a result of re-
cent changes in the management.
Officials of this company appear,
for the present at least, to be
more interested in the company'S
business and profits than in the
stock market. From Chicago
come reports that the new regime
is doing well with it's policies and
that the outlook for the near
future is improved. I believe that,
in accumulating Montgomery
Ward at current prices, investors
are laying the foundation for
large profits in the future.
With commodity prices still at
low levels, Corn Products Refining
Company's profits are said to be
making more favorable showing.
The stock continues to act we'll.
Leading brokerage houses re-
port large volume of buying for
cash, indicating accumulation for
bona fide investment, and the
passing of stocks from weak into
strong hands.
The Washington times., 1930-05-26
Warmer Weather
Spurs ". Y. Trade

NEW YORK. May 26.-Perhaps
the most notable feature of the
week in the metropolitan area
of New York was the impetus
given to retail trade as result
of the warmer weather. Other
wise there was little change in
the genral situation. Improve
ment was reported in certain
lines of business and industry,
while in others there was a
shrinkage in activity. The same
spotiness which has been appar-
ent for some months was still in
evidence.
In New York, as in other parts
of the country, there were indi-
cations of a more hopeful feel
ing and the business community
was inclined to take a more
cheerful view of the near future.
This moderate optimism appar-
entity was based to large extent
on underlying factors, which were
not as readily discernible as some
Of those surface conditions which
were emphasized in certain COM
mentS.
The Washington times., 1930-05-26
Telephone Bonds
Concerted to Stock

NEW YORK, May 26.-Holders
of American Telephone and Tele-
graph convertible bonds who
failed to convert them into stock
eligible to receipt rights have
suffered no great loss by their
inaction. While the stock eX
rights was worth about $21 less,
or 84 per cent on the basis of
$3.50 a share with rights, the
bonds now become convertible
into stock at about $167 a share
against $3.50 formerly, the dif.
ference of $13 representing about
7.6 per cent at a price of $17O
for the bonds. A loss OF less
than l per cent on $4,000, 600
of unconverted bonds, therefore
exists theoretically, or about
$4,000. Practically speaking,
however, there has been no loss
at all to the holder of the bonds.
The Washington times., 1930-05-26
FINANCE CORP.
BUYS A. { P.
Times Staff Photo

NEW YORK, May 26. - United
States Shares Financing Corpora
ton announces the acquisition of
control of the Atlantic & Pacific
International Corporation through
the purchase of a substantial ma
jority investment in the class B
common stock.
Atlantic & Pacific International
Corporation controls the Standard
International Securities Corpora
ton. Combined assets of both
companies are close to $4,000, 900.
The U. S. Shares Financial Cor
poration is under the manage.
ment of the U. S. Shares Cor
pOration, which also manages
other investment trust funds, and
represents total assets of more
than $16,00O,OO0. Acquisition OF
Atlantic & Pacific International
Corporation brings combined re.
sources under U. S. Shares Cor
poration managem mt to more
than $20,00O,O0O.
The Washington times., 1930-05-26
g. e o. Line AWGrds
Tunnel Contract

RICHMOND, Va. May 26.
Announcement was made today
at the Chesapeake and Ohio rail
ways general offices here that
the Walton Construction Com
pany, of Roanoke, Va, has been
awarded the contract to con.
struct the roads proposed tunnel
through the Allegheny mountain
near Covington, the work to cost
$1,150,000.
The tunnel is to be 1850 feet in
length with a single track and
concrete flooring.
The Washington times., 1930-05-26
BANKERS H AL 7.
BERLIN SAC

BERLIN, May Is U.s).-The
attempt of the banks and brokers
to stimulate business kept the
Berlin market from sagging this
week. the Bourse closing slightly
downward.
Despite favorable developments.
the money situation, which led
to further reduction of the Reichs-
bank discount rate, in the Reich
budget necessitating further tax
alton, had a depressing effect.
The favorites supplied the
bulk of the trading. Potash
shares were again in front, Salz-
deifurth gaining 10, I. G. Far
ben 3, Siemens 5, Schultseiss 13
and TietZ 9.
The Washington times., 1930-05-26
American Telephone

Now that the rights are off
American Telephone and Tele.
graph, it appears that consider
able pressure has been lifted from
the stock. I believe it will do
much better in the near future.
No one need think twice about
buying this issue. At this time,
it may be considered a safe,
sound, gilt-edge investment stock
with great speculative possibilities.
American Radiator and Johns
Manville were more active Satur-
day at higher prices, but failed
to register net gains, due to
profit-taking. These companies
are in fair way to show i'm
provement as building activity
increases.
The Washington times., 1930-05-26
Business Continues
Fair in Middle West

MINNEAPOLIS, May 26.-The
general average of business in
Ninth district continues to be
fair, although not so good as at
this time last year. The aggre-
gate of business transacted thus
far this year as measured by
bank debts is about the same
as last year, but the average is
made up by increases in a few
cities and decreases In many
others.
With grain moving slowly from
points of concentration, liquida-
ton of loans made by terminal
elevator companies continues to
be slow.
The Washington times., 1930-05-26
Land Firm Leases
Reach 100000 Acres

NEW YORK, May 26. - The
Texas Pacific Land Trust has 500,-
600 acres, or about Is per cent of
it's property holdings. under lease
for oil and gas development, it was
announced yesterday. Leases we're
granted recently to the Pure Oil,
Phillips Petroleum, Balance Oil,
Humble Oil and Refining and
Continental Oil Companies.
The Washington times., 1930-05-26
Wall Street Vacations

Your guess. of course, is good
as mine. AS to the month in
which the stock market may be-
gin to reflect improvement in
the nations business. An indi-
cation of what is expected, how
ever, is found in the fact that
some of the most important op-
orators in the Street are plan
ming to take early vacations this
summer. In addition, some of
the brokerage houses have re-
quested employees to finish their
vacations by July 81. In some
quarters, it is expected that the
market might begin boiling i'm
mediately after next weeks Noli-
day. and one house holding that
belief has cancelled all vacations
that were scheduled for the first
couple weeks in June.
The Washington times., 1930-05-26
Italy Not Seeking
Loan in America

ROME, May 26 CU.PO. - The
Italian government is not plan
ming to float a loan in the United
States secured on the tobacco
monopoly revenues, Finance Min.
lister Antonio Mosconi said today.
addressing the opening session of
the National Bankers Confedera
ton,