davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1930-11-24
MARKET POLLS
FAVOR|NG OLD
LEADERS
Action of Choosing Leaders of
Next Rise Indicates Its
Nearness, Says Economist
By LEWIS HANEY
Director. NetD York University
Bureau of Business Research

Director. NeU T OTE OUIUeTStLy
Bureau OF Business Research
and Former Economist OF
Federal Trade Commission
Recently you have probably
noted the large amount of dis
cussion about leaders of the next
bull market" Numerous lists of
such prospective leaders have ap-
peared.
This fact may be significant.
Does it not show that people are
getting their second wind, and are
beginning to look ahead cautiously
but with more hope?
Old Leaders Favored
AS to the lists themselves, per-
haps the most notable point is
the tendency to concentrate on
the old leaders. There are about
1900 listed issues. The experts
mostly concentrate on about so
issues. OF course they are trying
to pick leaders, but even so this
is sad commentary on the large
number of unlikely stocks that
have been offered to investors.
1T seems fair to say that
the FOODS are considered as
one CT the most likely groups.
Here come general foods, BOr-
den, National Dairy and Ma
tiOnaI Biscuit.
2-AlOng with foods the
CAN group naturally takes a
place. American Can is the
leader here, but there is a
tendency to consider Cont
mental Can as more reason
ably priced.
3-ELECTRICAL E @ UP
MENTS are generally placed
among the leading groups.
Here come General Electric
and Westinghouse Electric.
Probably most observers con-
slider that, while these will be
leaders in the future, they
are likely to go somewhat
lower before the next bull
market.
4. The CHEMICALS are con-
sidered favOrabIy by many.
This group contains so many
and such different lines, how
ever, that much selection is re-
quired. The tendency is to pick
Union Carbide, Air Reduction,
MathieSOn AIkaIi, Liquid Car
bOnic and Allied Chemical.
(SOme of these are still rather
high, however, Really Stand
ard of New Jersey and its hydro
genatiOn process should be a
leader under this head.
S. Then there are certain
METALS, especially those re-
quired for lightness or for re-
siStance to rust and corrosiOn.
This suggests international
Nickel and aluminium.
6. The possibilities of Ma
TURAL GAS are stressed by a
good many market students.
1t should be recognized, how
ever, that the transportation
and sale to consumers are sub
ject to regulation. The best
opportunities, therefore, should
be found among the companies
owning large gas supplies, such
as Houston Oil, Columbian
Carbon, and Standard of Cali
fOrnia.
7. There is something to be
said for MACHINERY manu-
facturers (such as Allis Chal-
mers), and (8) TIRE producers
u. S. Rubber and GOOdyear).
The latter may be very near
bottom, as rubber prices are
about as low as can be and the
replacements demand for tires
will probably increase soon.
9. Certain CHAIN STORE
stocks are favored for a place
among the leaders, especially
WOOlwOrth and Drug, Inc.
Opinion concerning the rails,
utilities, and oils is much divided.
A majority are doubtful about
most utilities, on the ground that
the trend Of earnings will not be
so strongly upward in the future,
while regulation threatens.
The Washington times., 1930-11-24
Virginia Telephone
Lines Auction Set

RICHMOND, Va, Nov. 24.-The
Big Island and Bedford City Tele-
phone Company, in Southwest
Virginia, will be sold at public
aution by Landon Lowry, receiver,
in the suit Of the Peoples Ma
tional Bank Of Bedford, against
the company, the sale to take
place November 25.
The Washington times., 1930-11-24
NEWS
In TodayS
ADS

BUSINESS OPPORTUNITY-IndOor
Golf Course for sale at very attrac-
tive figure; less than production
cost.
LOST-DOg, beagle hound: black
and tan with patch OF white on
breast and face: answers to "Tink-
err; reward.
UNFURNIsHED HOUSE FOR
RENT - Six room, detached; all
modern improvements; white sec
tiOn; near bus, schools, stores, ONE
fare zone: reasonable rent. S46;
paved streets.
DOGS FOR SALE-German Police
Puppies: thoroughbred males, $40;
females, $5.
FURNISHED ROOM FOR RENT
Wisconsin Ave. N. W.; room next to
bath, plenty Of hot water and heat
in home with small family; S25
month.
AUTOMOBILE FOR SALE-Bulck.
1928 Roadster; mechanically O. h;
tires and paint fine; your car in
trade; terms.
FURNISHED APARTMENT FOR
RENT-N ST. \. W.; two rooms.
kitchenette. bath. newly furnished
and redecOrated; janitOr service;
reasonable; adults; inquire first
floor.
These are "sideli0htS" on some o. man
Interesting advertisements tou tcW (iHd d
'oddys Herald Classified Ads
The Washington times., 1930-11-24

These are "side'iohtS" on some o. many
Interesting advertisements Lou tcaI fins N
todav's Herald Classified Ads,
The Washington times., 1930-11-29
POLLARD VIEWS
VA. STRIKE

RICHMOND, Va, Nov. 20
0.NED.-Gov. John @. Pollard
left here this afternoon for Dan.
vile where he has approximately
1000 National Guardsmen patrol.
ing the vicinity Of the Dan River
and Riverside Textile Mills, and
the three mill villages.
Employees Of the mills have
been on a strike since September
30.
The governor said he wanted to
learn first hand the protests of
union leaders and some Danville
residents, about his action in
sending troops there, and the
charge Of the union men that the
soldiers chased pickets from the
mill gates and burned their
Shanties and tents.
Col. H. L. Opie, commandaut
Of the troops, has recommended
that three machine gun units be
ordered home.
The Washington times., 1930-11-29
TRAIN ROBBERS
GET,S8,000

BIRMINGHAM, Ala, Nov. 30
U.N.SO-Two men, armed and
masked, held up the express car
of Southern railway train No. 10
and escaped with between $1,000
and $4,000 in currency as the
train pulled out of the Birming-
ham yards for Selma this morn
ing.
q. c. Findley, express messen-
ger, was forced to lie down on
the floor of the car as the ban
dts searched for the currency.
Threatening Findley with drawn
pistols, they then leaped from
the slowly moving train and dis
appeared.
The money was intended for
banks along the route, it was
said.
The Washington times., 1930-11-29
EX IRA SESSION
NOT LIKELY

(cOntinued From Page -
basically everything is sound,
and that giSlatiVe uncertainty
is the greatest menace to re-
COvery. I am anxious to avoid
any possible excuse for an extra
session, and il that excuse is
the failure to get q vote on
controversial measures, then
I'm in favor Of permitting
a vote" =
Il Against Ownership
Then, referring to the Norris
bills on Muscle Shoals and lame
duck sessions, he continued:
"T am personally opposed to
Government operation Of utili-
ties and power plants, but I
can see . distinction in this
particular case. There we own
the property and have spent
about $l5O, ,OOO,OO on 1t. /
don't think this particular case
would definitely commit us to
q general policy Of Govern
ment operation"
Longworth said he had little
doubt that the bill could be
passed in the House, but he Of
fered no opinion as to whether
Hoover would veto or
approve 1t.
LongwOrth FavOrs 1t
As for the bill to end lame
duck sessions, and bring newly
elected Congress into office in Jan
uary after election instead Of 13
months after election. Longworth
said he was inclined to favor 1t,
providing q specific date is set for
the termination of the second Ses.
sion. A suggested date has been
May 4, but the present Norris bill
contains none.
The first thing for Congress to
do when it convehes on Monday,
is to start passing appropriation
bills. Longworth said. He added
he hoped to have the House dis
pose of at least three before the
Christmas recess. It's other legis-
lative ambitions should be con
fined, he said, to passing ICON
structive measures" for the relief
of unemployment.
The Washington times., 1930-11-29
PLAN NEW
ATTACK ON
RUM RULE
Reps. Cooper and Howard in
Lead In Enforcement Failure
War; Crime Report Awaited

Some Congressional drys, re-
garding prohibition enforcement
as a failure and believing this
to be the greatest argument Of
the vets, are planning to attack
the Federal prohibition enforce
ment regime in the coming ses-
sion.
This became evident today
when two nominal drys Of the
House. Representative Cooper
tRJ of Wisconsin, s0-year-old
dean Of the House, and Repre-.
sentative Howard (D.) Of Ne
braska assailed present enforce
ment conditions.
Cooper described the situation
as "intolerable" while Howard de-
clared there has been no such
thing as honest enforcement Of
the law"
The new Justice Department
enforcement regime, created last
year when Congress transferred
prohibition enforcement from the
Treasury to the Attorney-Gen.
erals office, is expected to be
given scrupulous attention early
In the session when the Justice
Department appropriation bill is
considered in the House.
500 New Agents
The bill carrying some $17,000,-
600 for enforcement will include
q $4,000, 900 increase for 500 ad-
ditional agents.
Although declining to urge
modification Of the Volstead law,
Cooper indicated he may favor
this in the future.
Representative Howard said he
has not considered modification
because Of the instant difficulty
of framing such legislation in a
manner to make it meet the ap-
proval of the organic law as ap-
pearing in the Eighteenth Amend
ment."
Wants Crime Report
He also wants to await the re-
port of the Wickersham Commits
sion. He added:
81 admit that since the day
when the existing law on the
subject became effective there
has been no such thing as
honest enforcement. The ef-
forts of the several national
administrations, and in the pres
ent hour, have been and are
regarded more in the light of a
joke than otherwise"
The Washington times., 1930-11-29
TWO WIN DELAY.
IN HEAR|NGOF
NURM| CASE
MansIaughter Charge viii
Be Placed Before Grand
Jury, Prosecutor Hints

ROCKVILLE, Md, Nov. 30.
The arraignment Of Henry w.
MCGUIRE and John O'Brien,
charged with manslaughter as the
result Of the fatal shooting Of
Aarvi Nurni, was Indefinitely
postponed in Police Court here
today.
Neither MCGUIRE nor O'Brien
was present in court. The post
ponement came as q result Of a
conference between States At
torney Robert Peter, jr., and Ken.
meth Lyddane. and Joseph Cissel,
attorneys for the accused men.
It was indicated that the two
men will not be arraigned IN
Police Court, but that the case
will be placed in the hands Of the
grand jury.
MCGUIRE and O'Brien are free
under $1,000 bond each, following
their arrest after the coroner's
jury had returned q verdict that
Nurmi came to his death as the
result Of a shot fired by an ur1-
known person"
The Washington times., 1930-11-29
Civic Group Elects
Officers for Year

The Federation of Civic Associa-
tions at it's annual election Of Of
ficers held last night in the board
room at the District Building by
acclamation named DR.. George
H. Richardson head Of the organi-
zation for the eighth consecutive
time.
William H. Lewis was elected
first vice president and Mrs. Jac-
queline Cuney second vice presi.
dent. Woolsey Hall was elected
corresponding secretary; George
T. Beason, of Georgetown. record
ing secretary; Major H. Queen,
treasurer, and the Rev. Arthur
Chichester. chaplain.
The Washington times., 1930-11-29
Society Girl ElOpes
With Armv AUidtOr

HA0ERsTOWN, Nd, Nov. 29.
Two days after they are reported
to have first met each other,
Second Lieut.. Norris s.. Longaker,
jr., U. s. Army Air Corps, sta
toned at Kelley Field, San An
tonic, Tex, and Miss Louise Sib-
let, daughter Of a socially
prominent Harrisburg, Pa, family,
eloped from Harrisburg to Hag.
erstown and were married here
late yesterday.
The mother and father Of the
bride, Mr.. and Mrs. Sibley Siblet,
of Harrisburg, hastened to Hag-
erstown. They reached here three
minutes after the ceremony.
The Washington times., 1930-11-29
Standards Bureau
Foreman Is Retired

When Joseph Ludwig retired as
foreman of the instrument shop
at the Bureau Of Standards to-
day he was presented with a
smoking set ana chair by en-
ployes of the shop. The presen-
tation was made by DR.. George K.
Burgess. director Of the bureau.
Mr.. Ludwig entered the employ
Of the Bureau Of Standards in
July, 1902, and has been fore
man Of the instrument shop for
20 years. He was IS years old
four years ago, but got an exten-
sion until today. He will be SO
years old on Monday.
He lives at 1909 Thirtiesh
Street Northwest.
The Washington times., 1930-11-29
To BEGIN
NEW CONTEST
Continued From Page -

Continued From Page -
the law Rogers is breaking.
When you have complete set Of
pictures, mail or bring them in
to The Times office with q SEN
tence of not more than Is words
on why traffic laws should be
observed and you will have an op-
portunity to win a pair Of the
Palaces guest tickets.
so Prizes
For the best so replies sent in
to The Times, a pair Of these
tickets will be awarded. The
correctness Of the replies will be
the first consideration by the
judges in making the awards.
In case Of ties, neatness and the
originality Of the sentence on
traffic laws will be the deciding
factors.
The Times will print daily a
coupon that is suggested for use.
1t is not necessary to buy The
Times or use the coupon, how
ever, as a sheet Of plain white
paper written on one side will
be acceptable. The Times may
be seen at The Times Herald
Building, your public library, or
at Loew's Palace Theater.
All entries must be postmarked,
or delivered at The Times office
not later than noon on Monday,
December 8.
The contest is open to everyone
except employees of The Times
and Loew's Palace Theater.
Awards by judges will be con-
sidered final.
The first photographs will be
published Monday.
The Washington times., 1930-11-29
Census Worker Hit,
Injured, bH Md. Car

Irene Nicholas, 25, of 1882 P
st. N. W.. an employe Of the
Census Bureau, is in Emergency
Hospital suffering from possible
fracture of the skull, possible con.
cussion Of the grain and a lacer-
ated scalp, received when she was
struck by an automobile last
night.
The young woman stepped from
the curb at Fourteenth Street
and Rhode Island Avenue North
west, directly into the path Of an
automobile which, according to
police, was operated by Joseph
N. q. Nesbit, of Riverdale, Nd.
Mr.. Nesbit could not avoid the
accident, he told police.
The Washington times., 1930-11-29
F. \. SMITH CO.
PAPER TRACED
Continued From Page ~

N~-NNN'N~N-
wards. jr., one of the defendants,
and was referred to C.. Ebert
Anadale, another defendant. The
witness stated that Mr.. Anadale
told him mot to give Mr.. Girls
singer a copy at this time"
The former disbursement clerk
testified that in April or May,
1929, file of cancelled cheeks
Of the company was removed
from the company's vault.
Checks Cashed
John Whaley, another former
disbursement clerk Of the COM
pany, testified that on a number
Of occasions he was requested to
cash checks at the request of
Mr.. Anadale and Mr.. Edwards
and other officials. He said that
he was always instructed to OBJ
tain currency pin not less than
$l00 denominations.
Whaley also testified that a
night early in May. 1928, he saw
truck loaded with trunks in
front of the company's building
at 8I5 Fifteenth St. N. w. He
said he helped other employees
in putting some of the trunks
on the truck. The truck was
driven away, following a car in
which Mr.. Edwards was riding.
Other witnesses have testified
that these trunks were filled with
documents and records Of the
company and were driven to a
farm owned by G. Bryan Pitts,
the third defendant in the case,
near the Columbia Country Club.
The Washington times., 1930-11-29
Flying Glass Hurts
Fireman at Blaze

J. C. Weaver, a fireman Of No. l
Engine Company, was severely cut
on the hands late yesterday, by
flying glass. as he was entering a
burning building at 419 Twenty
first st. N. w. He was treated at
Emergency Hospital and later per-
mitted to return home.
The fire, which originated in a
pile of trash in the basement of
the building, drove five colored
families to the street and at
tracted a crowd of several hundred
persons. The damage was neg
ligible,
The Washington times., 1930-11-29
Engineer Clubs Plan
Joint D. C.. Session

The Washington Society of En-.
gineers. will hold a joint meeting
with the District of Columbia
section of American Society Of
Civil Engineers at the Cosmos
Club next Wednesday night.
DR.. Elwood Mead, commissioner
Of the United States Bureau Of
Reclamation, will. talk on The
Hoover Dam Project"
The Washington times., 1930-11-29
Police Help Sought
In Hunt for 2 BOvs

Two 15-year-old schoolhoys.
seized with the wanderlust are
being sought by police following
reports from parents of the
youngsters that they started off
on a trip of adventure early
yesterday morning.
DIR. Boyd Reed Of. 3645 Warren
st.. N. W., said that his son
William Allen Reed had been dis
cussing a trip to the north. Later,
parents of Bud Willis, chum of
the physicians son. of 1901 War
rem st. N. w. told police that
their son had been missing all
day.
The Washington times., 1930-11-29
Junior Arts Society
Or0unized in Md.

COLLEGE PARK, Md, Nov. 29
A Junior Arts Club was organized
here last right under the auspices
of Prince Georges County Fedora
tion of Women's Clubs. Mrs. R.
M. Allen, president Of the fedora
ton, presided.
Officers elected were Anton
Thome, president: A. H. Titeaway,
first vice president; S. w. Sishkin,
second vice president; Miss Cath
crime Crilly. secretary, and E. B.
Castle, treasurer.
The Washington times., 1930-11-29

key P. White
h e a d, the
Coco c ola
Caliph," and
thrown in t o
t h e Havana
j u z G a da as
the result Of
a quarrel dur
ing the trip,
mas filed suit
for $250,000
d a m a G e S
a g a i n S t
Whitehead as
q result Of
the affair.
@ a1eA
The Washington times., 1930-11-29
Foreign Protection
GROUP to Meet Here

More than 400 delegates from
all sections Of the country will
attend the national convention
Of the Council for the Protection
Of Foreign Born which will open
tomorrow morning at the Press
Club. ....
The convention will occupy it.
self with various immigration
bills, the Harris law and alleged
general discrimination against
the foreign born in various
States, e.. 49,, 4
The Washington times., 1930-11-29
SENATE
SUPPORT IS
STRONG
Norris and Other Insurgents
Friendly to Brotherhoods;
Democratic Leader For Him

Despite the opposition OF the
American Federation of Labor
indications on Capitol Hill today
were that William N. Doak, Of
Virginia, would be confirmed as
Secretary of Labor, succeeding
James j. Davis, Senator-elect
from Pennsylvania. -,
President Hoover. however, by
notnlaating the legislative agent
Of the Brotherhood Of Railroad
Trainmen for the Cabinet post,
NAV well have engendered a
political split with President VIII
liam Green, of the American
Federation of Labor, possibly,
even, the entire organization.
Political. commentators are inter
ested in knowing what effect, If
any, a break with the federation
would have on his chances IN
1892.
Are Old Friends
Opponents of Doak, to block his
confirmation, would have to get
the support of the Senate insur-
gents, such as Norris and La Fol-
lette, and these Senators have
long enjoyed the support Of the
brotherhoods.
In 1924, the brotherhoods went
on record in favor. of the tndeper1d-
ent presidential candidacy of the
elder La Toilette. Their newspa,
per, Labor, has been a consistent
supporter of the Senate insurgent
bloc. So, too. has been Railroad
Trainmen, the brotherhood paper,
which Doak edits.
In addition, 1t is understood
that Senators Glass and Swanson
of Virginia approve Doak, thus as.
surfing him some Democratic sup
port with that of the regulars" "
Forced HOover's Hand
Green's recent action in leaving
the White House and announcing
that while he held Doak lin high
personal esteem" the A. F. Of L.
would oppose any man from out
side it's ranks, forced President
Hoover's hand in announcing the
appointment Of Doak, 1t was
learned.
He had intended to withhold the
announcement until Davis resig-
nation became effective, but when
advised of Green's attitude, he de.
termined to make it at his first
meeting with the newspaper men
since the labor president had
spoken. He said:
II have the highest respect
for Mr.. Green and the Ameri.
can Federation of Labor, but
Mr.. Green's enunciaGion that
appointments must come from
one organization, in fact I'M
poses upon me the duty to
maintain the principle Of open
and equal opportunity and free
dom in appointments to public
office"
Long Approved
Mr.. Hoover, it was said, felt rne
labor chief virtually had come
into his office and sought to
hold a gun against his head.
Any waverings he might have had
about filling the post-tor he had
told Green no final decision nad
been made-disappeared upon be-
ing apprised Of Green's state.
Hnent.
The President long has wanted
to appoint Doak as his labor
aide. When he was forming his
original Cabinet he approached
the Virgtnian but the opposition
Of the A. F. of L. at that time
caused him to temporlze while he
undertook to conciliate the diff
ferences within the ranks of or
ganized labor.
The Washington times., 1930-11-29
Local LdJUyer
As X. of q. DeDUtu

j. Fred Rice, Washington at
torney and civic leader, has been
named deputy for the second dis
trict of the knights Of Columbus.
Appointment of Mr.. Rice was
announced yesterday by William
G. Feely, district deputy Of the
organization. Mr.. Rice has been
active in the work Of the knights
of Columbus for the past Is
years.
The Washington times., 1930-11-29

talkieS have
flopped and
her m ov e
future is "a.
q u e S t 10 n"
Samuel Gold
wyn, new die
t a t o r Of
y it e d Ar
fists, said to-
day on his ar
riv.a / h e re
from Holly
wood. All the
talkies made
by Miss Tai
1nadge have
The Washington times., 1930-11-29
Light-fingered Guest
Departs With Anil

A thief last night entered the
plant of the Super Concrete Cor
poration at 3046 K st. N. w. and
included in his collection Of loot
an anvil valued at SIT.
Among other articles selected
by the crook were a garden hose,
an oxygen welding tip and 100
feet of copper wire. The value
of the articles stolen was fixed
at STA by John Redd, superin-
tendent Of the plant.
The Washington times., 1930-11-29
Bishop GriswOId, SO,
Dies: I'LL Mann Weeks

CHICAGO, Nov. 20 UN.SO =
Bishop Sheldon MunScn Griswold,
50, Of the Episcopal diocese Of
Chicago was dead here today,
having Succumbed to a lingering
heart ailment last night in Evans
ton Hospital.
Hope for GriSwold'S recovery
was given up several weeks ago.
He had served. the church for As
years.
The Washington times., 1930-11-29

the lot with
a huge solt
tare. She re-
vealed tn at
the engage
ment rim 8
came fro m
John McCor-
mick, screen
producer and
form er hus-
band of Col
lee1 Mo ore
The n1arTiag ge
W i'll ia K e
plac ce next
spring when
The Washington times., 1930-11-29
STORE, HOME BURNS

KEARNEYSVILLE. w. Va.
Nov. 29.-Fire of undetermined
origin late last night destroyed
the general store and dwelling
owned by Francis Miller and
damaged the store and dwelling
Of Walter Wit.
The Washington times., 1930-11-29
TAKES DRUG CARGO

GENEVA, Nov. 90 0.N,SD THE
League of Nations issued a COM
munique today making public a
report from Shanghai concerning
the seizure Of 1888 pounds of
heroin and morphine destined for
the United States aboard the
Italian steamer Cracovta.
The Washington times., 1930-11-29
GUESTS OF AID CLUB

Senators and Representatives
of the new Congress will be the
guests of the Advertising Club of
Washington at the weekly lunch
con In the National Press Club
Auditorium at noon Tuesday.
The Washington times., 1930-11-29
Police Candidates
Receive Examination

ALEXANDRIA. Va. Nov. 20.
Twenty candidates for places on
the local police force were eX'
amined today by Dr. w. L.
Schafer, city health officer. Six
of the men selected by Captain
Campbell will be sworn in today.
The other candidates will be
placed on the preferred list to
fill vacancies as they arise.
The Washington times., 1930-11-29
Wish to Aid JObLeSs
Sets Sneeder Free

Albert F. Carroll, 214 John
Marshall Pl. N. W., was speeding
to get bread for hungry men who
had gathered at Gospel Mission
yesterday when he was arrested,
he informed Judge Isaac R. Hit
in Traffic Court today. For that
reason the judge suspended SEN
tence.
The Washington times., 1930-11-29

been failures, NORMA TALMADGB
but she recently announced that
she will stick to pictures as
long as they stick to me-"