davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1930-09-30
BY LEWIS HANEY
Director New York UniveReity Blu
reau Of Business Research and
Former Educator Of FEDERAL
TPNAa COEnmiaaiOn

Last week representative stocks
declined $40 points. They broke
through the lowest level of the
year, reached on June "a or IS
In fact, some Of the broader aver
ages show . level Of prices just
about at the low point touched on
November I3 last year.
Weakness was widely dis
tributed. The great majority Of
stocks participated in the decline
and many new lows were made
The weakest points, however, ap
peared in oils. motors, copper'
and a few specialties which have
been the footballs in the specu
lative exceSses Of August and Sep
tember-Radio, Vanadium, etc
Even bonds ceased to make prog
IeSS, and the average (both do
mestic and foreign) lost a frae
ton during the week.
The volume Of trading was
much larger, averaging about
three million shares a day. This
shows fairly heavy LIQUIDATION
and q considerable decline IN
brokers' loans may be expected
this time. With very few excep
tions (notably American CAM SUI,
port was feeble. On Saturday the
usual weekend short covering
checked the decline.
Probably q technical rally il
due and is to be expected in the
near future. It would be logica
If the market were to hold vel
today, fall off tomorrow, and theI
rally for several days, but a sub
seQuent Secondary" decline is al
most inevitable, and trading dan
gerouS. In general, my advice con
tinues to be to wait until the mar
ket definitely settles down to q
dull and quiet condition before
The Washington times., 1930-09-30
PRODUCE SHIPMENTS

Car-Iot shipments reported for the en-
tire United states for Saturday:
Apples-Idaho. 1856: MARYLAND. le
New York, Sc: Virginia, 81: Wasl1in -toT
sag; others. 27s. Total 9e2.
Cabbage-Colorado. ~; New York. So,
Virginia. 4; Wisconsin. So: others, 8
Total. 1S0.
Grapes-caIifornia. 1.117: Delaware. 1,
Michigan, 5s: New York, ~: washing
ton. 2. Total, 1.219,
Onions - Colorado. IS: Indiana, 50.
Michigan. ~: New York. So; Ohio, s;
Potatoes - Colorado z95; Idaho, So
Maine. 3e9: Long Island. %: PennsyI-
Vania, IL; others, S97. Total 1906.
The Washington times., 1930-09-30
ChrysLer Predicts
Record Auto Trade

NEW YORK, Sept. 80. - Esti-
mates issued by the Chrysler Cor
porstion, based on analyses cover.
ing the last is years, indicate q
production Of passenger cars for
domestic consumption in the next
five years about 20 per cent
greater than in the last five years.
A statement said:
eve believe that 1891 will be
q year Of increasing automobile
business and that 1882 will prob
ably zee . new high record
established"
The Washington times., 1930-09-30
German Radio Fair
ShOuUs S25 Receiver

BERLIN, Sept. 80 qNs0.-
Despit the highly unfayorabIe
economic situation, the number Of
visitors to the great German radio
exhibition this year was much
larger than in 1929 hree hundred
and fifty firms had exhibits and
business was good beyond all ex-
pect@tionS.
A feature Of the fair was q
three-tube receiver with q loud
speaker for only q little more than
$25 offered by q Berlin firm.
The Washington times., 1930-09-30
Decision AU0ited
In Wildcat Case

OKLAHOMA CITY, Okla, Sept.
80 Q.N.S.).-Three Federal judges
concluded hearing arguments on
the Injunction petition Of the
Champion Oil and Refining Com
pany, Enid. Okla, attacking con-
stitutionaIity Of the Oklahoma oil
and gas conservation act. and
particularly the proration of pro-
duction in the Oklahoma City
field.
The Washington times., 1930-09-30
Wall Street
Hears:

That LOew's LWl viii I'm
crease it's dividend.
That . large amount Of Chi
cage q North Western tNWl
has been sold for western ac-
count.
That Public Service Of N. J.
PUB IL an attractive pttr.
chase.
That Consolidated Gas (GI Is
being well bought.
That s. r. Dresser Mfg. Co.
(DMYA ON the Curb will net
about sic . share on the class
A stock this year.
The Washington times., 1930-09-30
NEWS
In Todays
CLASSIFIED ADS

BUSINESS OPPORTUNITIES;
near Maryland. fully eQGIppeas 80 81
Isshed. light lunch, delicatesseA'
~ eSsam. soft iiFlnks, confectionery.
tcI1aTa. cigarettes, good reason iOr
selling: bargain.
HOME FOR sALE-YOur moneys
worth; five bedrooms tive De.nss 49,.
SIa. .aSi. beautiful new English type
SnTSSS from ak FOopps and batn
~ si~ht rooms and tSsO baths; de-
ss~~@% and hulIt TO- attain tine MT
S"ecaS n appearance, e0nvenlencs
and durability; WOndeFfnIly I9easel
in n limited devel0pmeMt w1M
wide view Of the GsLy AeaE oA0 ".
tie finest high schools.
vURNrsHED ROOMS FOR BENT
TocatHS near 14th st. n. W,i one
- tvSo room suites WITH Or WITH
o1f hath, furnished cOmpletes unen
S1d mail service; apartment: uay,
week or month: ~, %lO' $l"' $is
weekly.
SCHOOL FOE CHlI4DREN--Nerv-
20 Yetarded children, all ages;
ocT,nateNt staff: individual Anetruc-
tiom md medical supervision; beau
tifuI location, 80 miles from WASH
lnetOn.
AuTOMOBIL.E FOE gALE-Chey-
rcIek imperial Sedan, 1897; SID;
80 this car before yOu bnys
rNRuRNISHED APARTMENT EOB
RENT- Newly decorated; two
r~o1ns. Kitchen, hath and porch;
electric refrigeration; reduced TO SeO
q mOnth, see resident manager.
Tksas are "sideiiOhts' 90 e0sS ~ ma
0drertisemeafs pos eeaH ftaa
ofoS's Times ded Hsrdid CI0sstted Ads'
The Washington times., 1930-09-30
100000 PHONE MERGER

LEWISTOWN, Pa, Sept. 80.
A $4,000. 900 merger Of the Bell
and Cumberland Valley Tele.
phone companies Of Pennsyl-
Vania IN q dozen counties Of the
state viii become effective in Oc-
tobef.
The Washington times., 1930-09-30
inacaI Market NeOs Stocks Bonds Commodities Comment
Three Brothers Garry On
For Guggenheim

business depreSSiCns and stock
panics Is subscribed to BY our
Ambassador to England HELM
Maria Dawes, who recently has
been hunting fossils In Spain.
He blames the present recession
on 8 sudden change Of attitude
by the general public. President
whitney, OF the Stock Exchange,
not so long ago said blaming the
stock market was putting the
cart before the horse. Mr.. Dawes
goes Whitney enc betterl1e says
neither the business man nor the.
broker can blame the other. II
was all due to 3 change In attl-
tude.
Dawes Is wrong In one thing,
though he contends the stock
market breaks 3 few months be-
fore business falls off. Last year
business was slipping Oft . cou-
pie of months before stock prices
reached their peaks.
A return to normal business
conditions Is looked for by him by
next summer or fall, and 1877 Is
rated by him as o normal year.
Business, though, Is recuperatiTig,
In his Judgment.
"The business fool Of 1929 was
he who had no fear. The fool
now Is he who has no hope,
Dawes Opines.
THE BIG BULLS or 1929 The
Fisher Brothers Of Detroit and
General Motors have plenty Of
hope. They are spending $40, ,00O,-
900 in putting up 9 new building
at Detroit. to help employment.
They had originally planned to
erect the building In 1892, but ad-
vanced their plans o year and .
half. II q few nillionaires and
business kings win follow this lead
normal times win be here sooner
than even the most optimistic can
hope.
Significant Is the recommends
tion Of Mayor walkers Conmis-
sion on Taxicabs for d taxicao
monopoly for New York City.
Regulation as q public utility UNI
der bureau Of taxicab control in
the Board of Transportation Is ad-
vocated with the present Is and 5
cents rate favored.
AS was pointed out in this col
umn q couple Of weeks ago, John
j. Raskob. Democratic National
chairman and General Motors di-
rector, and a group Of his aSSo-
ciates, have just closed deal
placing them in control Of courl-
try's largest fleet Of taxicabs.
They will control the Yellow
cabs here, in Pittsburgh and Chi
cago, the Checker Cab Manufac-
turing Co. and the fleet Of taxis
operated in New York by Checker
Cabs president. General Motors
also has a finger In the pie, With
its Terminal cabs in New York
and its taxi manufacturing sub
sidiary-Yellow Truck & Coach.
The Washington times., 1930-09-30
Child POLICIES
CHANGED BY /
FIRMS
Formerly Lives Of Children
Hard to Insure; Now Be-
ing Sought by Companies
BY FRANK F. LOOMS

BY FRANK F. LOOMS
Until recently the only life in
surance companies which would IS
sue policies on the lives Of chil-
dren, from one day old up to age
is years, we're the so-called indus
trial companies who confined
their limit to $3.50 and premiums
were collected by the week or
month.
While this form Of insurance
served a great need, one Of the
objections to 1t was that IL the
father or purchaser should die.
the burden of carrying the policy
and paying the premium fell upon
the mother or surviving members
Of the family.
New FERNS
Several Of. the old line legal re-
serve life Insurance companies
have now adopted q new form Of
child's insurance which eliminates
all the former objections, namely
that should the father or pur-
chaser die, the policy Immediately
becomes paid-up.
For instance, O policy can be
purchased on the endowment
basis for $1,000 and where the
child is only one day old and the
father, say age IS, by payment to
the company Of a yearly pre-
MUM Of about 1881, q 2O-year
endowment policy Is issued for
81 1000 on the child's life without
medical examination.
The contract provides should
the child die the first year Of is
life, the sum of 500 will be paid
and should the child die in the
second year Of its life, the sum
of $3.50 will be paid, and the third
and fourth year $500. Should
the child die In the fifth year or
any time thereafter, the full sum
Of $1,000 is paid. In case To
child is alive in 20 years from
its birth, the sum Of $1,000 is
paid In cash also.
Paid Up At Once
II, hwoever, the father or pur-
chaser Of the policy should die at
anytime, the policy becomes i'm
mediately paid-up for $1,000, and
is paid to the child 20 years from
date, although no further pay
ment Of premiums are required.
Another valuable feature Of the
contract is the fact that should
the father or purchaser Of this
policy at anytime become totally
disabled by illness or accident,
the company then valves the pay
ment Of any further premiums
during the term Of such diSabil-
ity.
The policy carries cash and
loan values every year after the
second year and also carries a
clause to the effect that after
the premium has been paid for
two years, the policy will carry
itself without further payments
for q period Of II years. and
after three years for q period Of
II years, etc.
This is absolutely q straight
life insurance policy written on
the endowment plan, the same
IS any other risk, although ap-
piled to children from date Of
birth up and the cost per year
Is based on both the age Of the
father or purchaser and the age
of the child the rates quoted
above being for q father. 80 years
of age, and q child just born.
Another form Of child's instr-
ance is what is called the Educas
tional Endowment. The father or
purchaser deposits q certain sum
Of money each year in order that
when the child reaches the age
of. say l8 years, and Is ready Tor
college, the company pays the
Child 500 a month commencing
at age Of 10. for . period OF four
years-the length Of . college
career.
The Washington times., 1930-09-30
Condition of State
NGt'L Banks Asked

The Comptroller of the Cur
rency today issued a call for the
condition Of all national banks
at teh close Of business septem-
Der "a.
The Washington times., 1930-09-30
American Can

i Z Es sa4
Strength in American Can has
been one Of the most puzzling
things in the current reaction.
Can has resisted all bear efforts
50 far and has been the first to
turn IN any rally. The stock
should be selling at least 5 points
lower on the basis Of past breaks.
This can't be short covering
alone.
The immediate impression is
that directors will take some
action on an extra dividend to-
day, despite belief that it win
be delayed until the December
meeting. This would help the
market and sentiment in general,
for 1t would be an expression OF
confidence on the part Of the
nations most powerful bankers.
1t may well be, Of course, that
Can is being held up artificially,
and the dividend news viii settle
that.
Another explanation is that
Can Is now selling at q fair
ratio to earnings and that it is
being steadily absorbed by In
vestors, but the huge turnover OF
the past week refutes this theory.
Steady liquidation in the oils
yesterday brought Standard Of
New Jersey down to it's year low
Of So and carried even Texas Cor
poratiorl, the rock-bound favorite,
to q new bottom along with Sin
clair and others. Selling in the
oils is attributed to many fac
tors, among which are the sea-
sonaI decline In business and the
fact that surplus stocks are q
bar to higher petroleum and gaso-
line prices. There are also the
unfaVorable factors Of recent
gasoline price cuts and the ur1-
settled crude oil situation.
Dividends Forecast
The tape says that q number
Of stocks are in line for dividend
revision. One is Montgomery
Ward. Directors meet October
a.. Those conversant with the
cornpany's affairs don't expect
ward to earn much over $l.5O
on the common this year. Since
!. the 83 dividend wasn't earned
last year combined with the cur
rent depression in agriculture q
cut Ia the dividend to $50 OF
even Tess wouldn't be surprising.
Chrysler is another. Directors
win meet in about six weeks
Cl1rysler hasn't earned anything
Is speak Of this year and probably
won't earn much more the rest
az the year. The company has
plenty of cash on hand and could
easily continue the current 81
The Washington times., 1930-09-30

ALBANY. Sept. 20 (I.NS0.
The State superintendent Of banks
issued Q call today for the condi-
ton Of State banks and trust
companies at the close of bust.
ness on Wednesday, September "a.
The Washington times., 1930-09-30

dividend. with the stock selling
about 20, however, insiders feel O
more conservative policy Is war
ranted since the stock has practi-
cally discounted . liberal cut in
the dividend.
Some questions has been raised
in the Street whether Gillette can
60 through with the Autostrop
merger In view Of the severe de
flation Of the former market
wise. Gillette yesterday broke to
80, the lowest level In number
of years. The last report was
that Gillette would issue $40. .0Oo,-
GOO In convertible bonds and pay
cash for Autostrop. Some won
der now whether new financing
could be arranged.
Accumulation
All stocks aren't "going to che
dogs" desnite widespread pessi-
mism to this effect. There Is
plenty Of good hard cash going
into the market.
Steady accumulation has been
going on in many high grade
stocks mostly for inside and
investment account. Among these
can be listed General Foods,
Borden, Liggett and Myers, Amer
ican Tobacco, Texas Gulf Sulphur,
National Dairy Products, and
Union Carbide. s
There. also has been good long
pull buying III Woolworth and
General Motors on q scale down.
All these stocks have splendid re-
cords Of earnings and should be
among the first to reflect any
improvement IN business.
Here and There
Basis Of the strength in Bald
win was revealed in the al
nouncement that the company
would pay off $756, 900 Of its re-
cent loan 30ol1.
Electric Bond and Share In
terests are said to have added
to their holdings Of Electric
Power and Light. The stock Is
said to harbor a large short in.
terest. It ought to be good for
turn under go.
End Of daylight saving is
bullish on the utilities, meaning
more current for light.
Banks are said to be advising
some brokers to tighten their
lines. This is considered one
source Of liquidation.
Switching from stocks into
bonds has been going on steadily,
am told. This would explain
both a good deal Of selling in
the market and strength in
| bonds.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-07-17

al HierOgyphcs, il the mans conversation Is spelled incorrectly. 90
The Valley OF the EuDhrates is i'm ATesOpotamia, not Egypt. 49, The stat
ue indicated by the grl Is not a Buddha, though X Il the statue w an
Egyptian god. Cl lie statue AZ the right Is not "Area-Ra,r but the
traditional Buddha seated m the lotus flower. CD The scrambled word "a
SUPPORT.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-07-17
T@91S OcHamNe8FaM
ElIHUEE
hold-uP.

There ares az Least four mistakes III the above picture. They may per-
tain to grammar. history. etiquette. drawing or whatnot- See L you can
find them. Then look at the scrambled word below-and unscramble IT.,
by switching the ietsEs around. Grade yourself 20 for each OF the mis-
takes you find, and 20 for the word if you unscramhle it.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1930-04-17

took the part as Patty" and surely
made things hum"
Miss Jessie Geurtin came home
from Minneapolis to attend the flu.
neral of her uncle, Wilbur Moore.
Clarence Robinson, who has spent a
weeks vacation with his parents, the
William RObinsOns, returned to his
work in Minneapolis, Sunday
Charles E. Ruddell, Jr., from Du-
luth. is spending week with his
grandparents, Mr.. and Mrs. Chas.
Lewis.
Bennie Green is leaving soon for
Centuria, Wis, where he will be en-
plOyed for an indefinite time.
H. j. KINNEY and daughter spent
Sunday with the Jones family.
The roads in many parts of the conf
munity are getting to be impossible
because of frost boils and other causes
of breaking up the road.
Miss Holman, Miss Rislov, and Miss
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1930-04-17
CLOVERTON
(From Another Correspondent

Miss Holman, Miss Lucas, and Miss
Rislov, teachers of the Cloverton
school. were dinner guests at the Chas
Halsted home Sunday.
Mrs. c. j. Lewis returned from Du-
luth, where she has been visiting her
daughter for few days. Her son
EldOn, brought her back by car Sun
day
Floyd and Mildred Austin called al
the Ed Profit home Sunday.
Wilbur Moore. brother of Mrs. L. H.
Ellington, passed away last Thurs
day afternoon. Mr.. Moore has been
ill for the past four or five years.
He is sadly missed by his many
friends.
Mr. and Mrs. C. E. Ruddell of Du-
luth, announce the birth of baby
boy, April 9th.
Walter Reinke, who has been ill
the most of the winter, is able to be
up and around.
Mrs. H. L. Hughes went to ST. Paul
Wednesday of last week, returning
Friday afternoon.
The Junior class play, Patty Makes
Things Hum that was given Friday
night, was successful and very enter
tanning to it's audience. Edna Dilley
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1930-04-17

tory. Conflicting American and Nor
wegian claims are likely to be dis
posed of by special fact-finding COM
mission.
For the Sake Of Signature.
Sven Lundblad, Seattle, Wash,
business man who also is the head of
"a shipping corporation in Gothenburg,
Sweden, short time ago travelled to
that city for the sole purpose of affix-
ing his signature to an important doc
ument. Mr.. Lundblad made the trip
aboard fast liner from New York
to Southampton. thence via Amster-
dam and Copenhagen by airplane to
Gothenburg Having signed the doc
ument i'm question he took part in a
luncheon, left Gothenburg three hours
after arriving, returned to England
by airplane, and caught steamer for
America less than 4S hours after he
had landed in Europe. When he re-
turned to Seattle Mr.. Lundblad had
been away 10 days, having made a
part of trip across the United States
by airplane. I'm a quite busy man."
Mr. Lundblad told reporters who were
somewhat amazed at this unusual
speed.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1930-04-17
Cedar Falls
Band Replaces
Historic Horn

The Cedar Falls. Iowa band has
heralded far and wide as being one
of the best bodies of musicians in the
United States and the following item
clipped from the Cedar Falls Daily
Record of recent date telling of the
purchase of "a new SousaphOne to take
the place of the original one which
has been in use by the band since its
purchase from the famous march
king over thirty years ago vouches
for large part of this bands pOpula-
larity and the desire of those in
charge to keep up to date in the mu-
sic world.
Purchase of a new Conn Sousa-
phone for the Cedar Falls band, Inc,
which was announced today when the
the big instrument was placed on DIS
play in the window at the Hughes
Drygoods store, brings to light the
fact that the original 'Sousaphone,
now thirty-seven years old has been
worn out by the many million Of
.oom- jahs' sounded on it during the
nearly four decades.
1.-The new Sousaphone- which is the
biggest bass horn used by any band
is 54 inches high and has bell q
inches in diameter. 1t is to be played
in public for the first time on the
night of April 2, when the band gives
its annual indoor concert at the high
school 1t is played by DR.. A. f.
Meswarb. 1t cost 1915.
but the original Sousaphone. which
got it's name from the fact that it
was built to order for the famous
bandmaster, John Philip Sousa. eclip-
SEES all other bass horns for size and
weight 1t is feet 6 inches the long
est way, has a bell "a inches in di-
ameter and weighs Sc pounds. II
notes correspond to the pedal bass of
the pipe organ, yet it is as easily con-
trOlled at the smallest instrument
1t was bought from SOusa thirty-three
years ago, after it had been played in
his band for four years, at cost of
$500. 1t was hard to find player
who would carry so massive horn,
so Sousa had another built that
weighed considerably less. However.
the name SOusaphone' has since at
tached to all similar bass horns.
The old Sousaphone is to be placed
in the CLUB room at the band hall. 1t
is now an historic relic that bids
fair to one day be valued at consider
ably more than its original cost"
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1930-04-17
Amazed! Way
TanIaC Relieves
Stomach Troubles

For years the remarkable re-
suits obtained from Tanlac in the
treatment of general rundown
conditions have amazed its users,
but most surprising of all is the
quick relief this remarkable medi-
cine gives in cases of "rheuma-
tism" and stomach ills that yield
to nothing else.
Men and women who thought them
selves beyond human aid. who suffered
for years with pains from stomach and
bowel troubles. neuritis. chronic head
aches. dizziness. sleeplessness. constipation.
who saw themselves daily going down into
a sickly early old age have through the
amazing stimulating and cleansing action
OF this REAL MEDICINE, Tanlac. found
themselves once more In the possession Of
q strong healthy stomach and q body free
from pain. One user says. Il suffered tor
lures from muscular rheumatism but
after taking Tanlac for q couple Of weeks
I was over the rheumatism. my kidneys
acting fine. my digestion In apple-pis
order" Try it-get q bottle from the
nearest drusgist. Satisfaction guaranteed
~ money back. Accept no substitute.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1930-04-17

this country for visit few days
at the present time more than $4,000
Norwegians are awaiting their turn
on the American immigration quota
lists. The consulate general in Oslo
has 10000 applications for immigra-
ton permits on file, and 10000 other
applications have been filed with the
vice consulates in other Norwegian
ports. Those who sent in their APP
plications early in 1926, may expect to
have them acted upon in 1880 or 1881.
Miss bunker says.
To Build Subway.
Tentative announcement has been
made by the engineers in charge OF
the plans for subway in Stockholm,
Sweden. that they will employ as~far
as possible young Swedish engineers
who have had their training in both
Sweden and the United States. 1t is
understood that a good many men now
living in America will be asked TO
go to Stockholm in connection with
the carrying out of the project which
is the most ambitious of its kind ever
undertaken in Scandinavian country.
"Way Ahead OF U. s."
Daniel W. HOan, mayor of Milwau-
kee who was in Europe last year, dur
ing recent visit to San Francisco was
interviewed by the editor of the Dan
ish paper, "Bien," in that city. Mayor