davidaulloa/AmericanStories huggingface dataset:
New Britain herald., 1930-08-14
261-WHANf. ROCbester-t15

261-WHAM. RoChester-1150 5:15-Sanle as WIZ 5:30-NeWs 5:45-Frank Skultetv and Ifs or Chestra
 6:15-Stocks: ball scores f:35-Canadian stocks. police news f:45-Tenor, John Reidesel 7:o0-Same as WIZ Matters Hughie Barrett, Bob McClcan 7:20-Dinner dance music .45-Balladeers string orchestra: Frank Baker, tenor 8,00-Sama as WIZ t1,0o-Weather forecast
New Britain herald., 1930-08-14
FRIDAY MORNING PROGRAMS

3O3-WBZ. SDringfield-990 T:3o-Rise and Shine 7;40-Road Man 7;45-JollA Bill and Jane S;O0-Phil Cook 8:15-Peggy Winthrop, Romance
 and Marriage" 6:30-shopping About with Dor
 othy Randall S:45-Popular Bits 9.15-Minstrel of the Minuette,
 Lewis Bray 1G.00-Manhatter 1o:15-Home Forum Sewing school 10:&0-Stock quotations  1G.45-Food Talk, Josephine B. Glb-
 son 11:00-U. $. Army band 11:30-Quintette 11:55-State House Safety
New Britain herald., 1930-08-14
395-WJZ. New Iork-160

395-WJZ. New York-160 7:30-RisN and Shine. dance or chestra
 7:45-Jolly Bill and Jane, chill dren's program S:00-Phil Cook in character songs mad dialogue S:15-Chats with Peggy Winthrop S:30-The Headliners, dance band S:45-Popular Bits, dance band 9:15-String Trio with Singing Canaries 10:00-The Manhatters 10:45-Josephine B. Gibson, food talk 11:00-U. s. Army band, direction
New Britain herald., 1930-08-14

When in Hartford why not stop at Honiss's Oyster House for one Of our famous FIVE Course Lobster Shore Dinner" that is served every day from 4 to 3 D. m, Sundays ex- cepted, for s1.50.
 Also in our retail department we have fresh supply of Lobster Meat, Crapmeat. Soft Shell Crabs. Steam ing Clans. Open Long Clans and Chowder Clans and Shrimp.
New Britain herald., 1930-08-14
379-WGY. Schenectady-79O

319-WG1. ScheneCtady-190 adio-Orpheum hour 5:30-The Party 5.47-News items, produce market report, farm forum and stock re- ports
 G.18-Dinner music 6.30-Dandies Of Yesterday 6:40-Baseball scores and Saratoga race results 6:45-UnCle Abe and David 7:00-Dinner dance orchestra 7;30-Musical program S.oo-Musical hour 9:00-Arco Party 9:30-Melody Moments 1o;oo-Radlo program 1-:00-Organ recital
New Britain herald., 1930-08-14

The efforts of Whichone, Harry Payne Whitney's great three-year- old TO wrest from Gallant Fox the American turf championship when the two thoroughbreds compete at Saratoga Saturday afternoon for the $25,oo0 Travers stakes will be reported 10 radio listeners by the NEG.
New Britain herald., 1930-08-14
Captain Wm. J. Stannard l1:30-Musical Miniatures 12:o0-Organ Melodies; Al Carney,
 organist
Through fife Static

Many of the familiar tunes of 10 years ago will be revived when the Tip Top club meets at 7:3O o'clock tonight over WABC and the CBS network.
 Marie Gerard, soprano, and Brad ford Reynolds. tenor, will contribute duet from Blossom Time" while Irene Beasley Contralto; Evan Evans. baritone; Brad and Al, and the Tip Top quartet will all be heard in numbers that will remind listen- CTS of the days when old ladies still shook their heads over girls in one piece bathing suits.
New Britain herald., 1930-08-14

Monroe Silver. who made Amer -ica laugh with his Cohen on the Telephone' and other comedy rec ords made when he was a member of the Artist" group, has joined the Delivery Boys, Johnny Tucker and Joe Schuster in a broadcast ing period on WOR every Friday night from 7:15 10 7:30 o'clock
 It is eXpeGted that>it will become Nightly bhadcast later on in the season.
New Britain herald., 1930-08-14
i2S-WLW. Cincinnati-700

42S-WLW. Cincinnati-700 6.oo-Angelus Trio 6:3o-Hall Duo 6;45-Eocal solos 7;00-Tesper organ 7;15-Brooks and Ross 7:25-Baseball scores 7;3O-Phil Cook T;45-Dinner concert T:59-Weather forecast S:00-Theater of Air S:15-Tariety
 S:30-Program 6;45-Radio Dog club; Dr. Glenn
 Adams
 9:0Q-Hotel Sinton orchestra 9:3O-Musical program 1O;00--Melodies 10;3n-Brooks and Ross t1:0o-Los Amigos 11:3Q-Amos n Andy t1:45-Topics of the Day Floyd
 Gibbons t2;00-Weather man 12:03-Chines Reveries 1:00-Castle Farm orchestra :3o-Melville Ray, tenor 2:Ho-Hotel Gibson orchestra
New Britain herald., 1930-08-14

Ruth Posselt violinist, winner of the Schubert Memorial award with Robert Simmons, tenor, and the Ma rimba band, will all be heard in the RIGA hour broadcast over an NEG network tonight at 10 o'clock. In addition salon orchestra directed by Nathaniel Shilkret will appear.
 The Schubert Memorial assoCia- ton is an organization devoted to bringing the talents of young Amer iCan musicians to the concert going public. Miss Posselt was one of the first to receive its sponsorship.
 In addition to a half hour Of dance music, quarter hour will be devoted to the works Of American composers and the same period 70 compositions by musicians Of inter national fame,
The Washington times., 1930-10-07
ny LEWIS HANEY,
Director New York University Bureau
OF Business Research and Former
Economist of Federal Trade
rapna T,aI aai0u

It now seems doubtful If the
secondary" recovery which be-
gan so sharply last Wednesday
will go far or last long. Probably
the recent low line will be tested
again. There seems to be abso-
lutely no reason for hurry in
buying stocks.
Do not reach UP for them. Let
them come to you.
Last week the market merely
made the usual trading rebound
that always follows a period of
sharp decline. The market closed
the week -omewhat lower than at
end Of the week before.
The averages" were nearly a
point below q week ago. This was
chiefly due to a two-point decline
In the rail group. The indus
trial stocks showed little net
change. The utilities averaged
|fractionally higher.
Bonds Follow Stocks
Strangely enough, the bond
market was weak, and closed al
the lowest point in more than a
month. This fact clearly indi
Gates the lack of strength ir
the investment demand. 1t is
pretty generally agreed thai
strength in bonds should lead
any general rise in security
markets, followed by preferred
stocks and common stocks in that
order.
AS yet, however, the rise in
bonds has been mostly confined
to a few low weld issues which
are legal investments for banks
probably we need not look for any
broad advance in stocks until the
bond market reflects more interest
on the part of investors. The
outstanding feature of the late de
cline in the stock market has beer
the evidence of real humiliation
of selling outright by tired in
vestors.
The big drop in brokers' loans
inN the week ended last Tuesday
The Washington times., 1930-10-07
DIVIDENDS SET
NEW RECORDS

Despite the business depression,
dividend and interest payments
on capital invested in American
business and industry during the
first nine months of 1880 were
the largest in the history of the
country, exceeding by approx
mately $6s5,o70,o0O last years
recording total for the same
period, according to the STAN
dard American Corporation, Of
Chicago.
Dividend disbursements, which
totalled $2,94A, 100000 at the he
ginning of the last quarter of
the year. accounted for more
than $443. 800 600 of the increase.
Interest payments totalled $4,000
All 900, an increase of $19l, ,270,-
900 over the high record estab-
lished during the first nine
months Of 1929.
In the last ten years American
capital investments paid $45, ,109,-
O1B,000 in dividend and interest
payments. In 1929 this type Of
investment return established a
high record, aggregating $7,453,-
100000, the equivalent Of $60.73
per person on the basis of the
new census. IN 1920 the total
was only SO 414, 600, 900, or S32.30
per person on the basis of the
census of that year.
The Washington times., 1930-10-07
lancio Market Ne Stocks Bonds Commodities and Comment
Investors Need Patience
In Stock Market

shows that speculative accounts
were sharply reduced. But the
relatively small reduction in the
loans during September. as re-
ported by the stock exchange, is
hard to explain except on the
ground that much Of the selling
wa5 by outright owners.
This kind of liquidation makes
for more persistent decline, with
smaller rallies. It may be said
that both supply and demand for
stocks are small, but that the de.
mand is less than the supply.
Speculative Points
1t is foolish at such times to
sell investment stocks which were
bought at fair prices and which
give a reasonable yield on their
cost. Spectators. however, should
note the following points:
THE market has broken
through the low level Of last
November.
2-The rails show persistent
weakness.
3-The broad trend seems to
be downward still, and liquida'
ton is not completed. The
action Of such stocks as Mont
gomery Ward, Radio, Fox, South
ern Railway, New York Central
and Erie (pfd) suggests this
The failure of the Wednesday
rally to go through, the decline
in volume of trading on the rally
and the break at the close Oh
Saturday, are significant.
At seems to take heavy buy
ing to support such pivotal is
sues as Can and General Electric
5-Business news is mostly dis
appointing including activity in
the steel industry and the sales
Of chain and mail order houses.
6-Dividend cuts and omissions
continue, including, recently
Richfield Oil and Hupp Motors.
7-Mr. Hoover's good speech
proved to be a dud in so far as
the market was concerned.
1t looks as if caution, patience
and careful appraisal of earnings
and dividend prospects, are the
virtues now required for success
full market operations.
The Washington times., 1930-10-07
SMELLING FIRM
NET DROPS

American Smelling and Ret1n-
ing Company. in the six months
ended June 80, reported a net in
come Of $6,S79, ,441, equivalent after
preferred dividends, to $2.74 a
share en- 1928, 1876 common shares.
This compares with $10,947. SOL,
equivalent to $500 q share on the
outstanding common stock in the
corresponding 1929 period. Sur
plus for the period after all charges
totaled $1,356,411, compared with
$5,537, ,621 last year.
In explaining the drop In the
net Simon Guggenheim, president
of the company, said:
"The nOnferrOuS metal indus
try has felt the effect of the gen.
eral depression and consequent
decreased consumption during
the period covered by this re-
port. The prices of copper and
zinc fell off to levels never be-
fore reached. The reduction in
volume of both mine and smell
ter production, resulting from
lower prices and q lesser mar
Gin of profits have reduced the
earnings of the company mate
rally"
GENERAL PUB. SER. CO.
Year ended September 80, balance
after dividends and expenses
S552,773, against $772.943 in pre-
ceding year. Total income for
year $2,182,107, against $4,000. 857
the year before.
PITTSBURGH S UB u r B A N
WAT. SER.-Eight months ended
August 81, net income $190.467.
against $180,144 in like 1929 pc
Rod.
CANADIAN NATL. RYS.-Sep-
tember gross income $20;856.94
against $24,145,026 in September,
1929.
PACIFIC TEL. & TEL.-Eight
months ended August 81 net in
come $11,177,710 or $4.66 a share
on 1,469,784 common shares
against $1O,377.535 or $4,4O a
share on 1871 ,903 shares in the
like 1929 period.
BRITISH CELANESE, LTD
Sixteen months ended June 80,
net profit E514.535. The fiscal
year of the company has been
changed to end June 30 instead
of February %.
The Washington times., 1930-10-07
Beatrice Creamery
Profit S6 on Share

CHICAGO, Oct. 7.-Beatrice
Creamery Company for six
months ended August 81, 1880,
is expected to show net profit
equivalent to Sc a share or better
on 298,868 common shares. On
this basis net profit for six
months should be something over
$4,000, 900 as compared with net
profit for like period last year Of
$1,328,1 1873, equal after preferred
dividend requirements to $5.48 a
share on 195,S64 common shares
then outstanding.
The Washington times., 1930-10-07
Encouraging Signs
Are Noted on Coast

SAN FRANCISCO, Oct. Z.
Some slight improvement in busi-
ness conditions is disctrnable in
the San Francisco Bay district,
but on the whole the situation
remained mostly stationary last
week. Sales have fallen behind
last year for the manufacturer,
jobber and retailer, but Septem-
Der was encouraging. If sales
hold UP as we'll for the rest of
the year a small profit may be
expected.
The Washington times., 1930-10-07
BIC PHONE F|RN|
IS PLANNED

NEW YORK, Oct. THE
Trans-America Corporation is
forming the GeneSal Telephone
and Electric Corporation, in ALI.
ance with Theodore Gary and
Company and important British
interests, thereby entering the
field of international telephony
for the first time. The Gary
firm, according to the Trans.
America announcement. owns and
operates extensive telephone sys-
TENS and allied manufacturing
plants in the United States and
other countries, and maintains
offices in New York. London, Chi
cago and Kansas City.
The General Telephone and
Electric Corporation. combining
the resources of the Trans America
Corporation as the worlds largest
financial holding company, and
the Gary organizations technical
resources in the field of telephone
management, is created largely
for the extension outside the
United States of the business Of
the Associated Telephone and
Telegraph Company, now con.
trolled and managed by the Gary
interests in collaboration with
British associates. Headquarters
of the company are in Chicago.
The new corporation and It's
sponsors, according to the an
nounceIiient, will control and
operate more telephones than any
other privately-owned company in
the world with the exception of
the Bell system Of the American
Telephone and Telegraph Com
pany, thereby topping in size the
International Telephone and Tel
egraph Company.
The Washington times., 1930-10-07
SHORT RALLY, Then DECLINE
PREDICTED BY SPECTATOR
Several Stock Exchange Members Called to
Task for Their Selling Activities; Expert
By THE SPECTATOR

Interest yesterday appeared to be divided pc
tween the market and the world series AS maur Oh
fact the BAH game seemed attract most Of the attention
Operators decline took advantage Of the ack OF ouSo
interest to stage another attack against the main oooy
stocks The result decline of than eight points IN
the average price thirty representative industrial STOCKS
carrying them down to a new low for the year: 49,,
relatively long term outlook Is conceIneo IN
still adherng to previous advice VIZ stick to tne soe
technical rally doubt but think any reGoVeiy
going with stubborn resistance Stocks are
to established in the OcoberNoVemoer stump
those levels going hrougn another suoS'aha' &c
action is likely. -. e.. .aa.u
would use the rally tighten accounts and get into no
position take advantage Of the next snarp Iact0
The Washington times., 1930-10-07
CANADA
BOND ISSUE

The Canadian government will
offer in Wall Street today,
through a banking syndicate,
500, 100000 Dominion 4 per cent
bonds Of 1860 at around 95, it was
learned today in New York. This
will be the years largest single
bond issue.
The bonds, non-calIable in 20
years, are to be offered by a syn
dicate headed by the Chase Be-
curities Company and made up Of
Harris. Forbes & Co., Bancamer-
ica-Blair Corporation, Old Colony
Company and Cassat & Co.
The Washington times., 1930-10-07
NeU South Wales
Bonds to Be Sold

NEW YORK. Oct. 7.-Tenders
for the sale of State of New
South Wales, Australia, external
5 per cent sinking fund gold
bonds, due April /, 1853, in an
amount sufficient to exhaust the
$101, ,451 in the sinking fund, are
invited by the Chase National
Bank of New York, as successor
fiscal agent, at prices not exceed
ing the principal amount and
accrued interest.
The Washington times., 1930-10-07
Wall Street
Hears:

That Warren BrOs.-the paw
ing company WAR will net
about S5 q share this year.
That Cudahy Packing (CDY)
is being well bought, and net
this year viii be in excess Of
the $4.13 q share earned last
year.
That considerable odd-lOt pur-
chasing has been coming into
American Machine & Foundry
(AFX).
That although the sugar
shares are now pretty low, they
are still being avoided.
The Washington times., 1930-10-07
Food Index Gains
Slightly for Week

NEW YORK. Oct. Z. r. Brad
streets food index number for this
week is $2.72, and compares with
$2.71 last week, $2.77 two weeks
ago. and 1927 for the week ending
october 8, 1929. This weeks num-
ber reflects gain of three-tenths
of / per cent over last week but
shows loss Of 1853 per cent from
the like week year ago.
This index number is the sum
total Of the prices per pound Of
81 articles of food out Of the 43
foods usually figured.
The Washington times., 1930-10-07
Los Angeles Stocks
Drop to NeU LOUIS

LOS ANGELES, Oct. Trad
ing on the Los Angeles Stock Ex-
change in September was more
active than in August, and 30
representative common stocks
reached new low mark.
y There were 600,369 shares
traded, an increase of as per
cent. Bond transactions totale6
$164,000, q gain of 46 per cent.
The Washington times., 1930-10-07
American States
Bonds on Market

NEW YORK. Oct. 7.-An issue
of S2,130,000 American States
public Service Company first lien
51a per cent bonds is offered by
Central Illinois Company, Pynchon
and Company, and Coffin and
Burr, Inc. at S91a and interest
to yield 6h per cent.
The Washington times., 1930-10-07
Stocks in Chicago
Rise .43 Per Cent

CHICAGO, Oct. T.. The so
! ost active stocks traded on the
Chicago Stock Exchange in the
week ended October 4 had a
market value of $2,79" 1866. .425,
compared with $2.77S.758.212. at
the close Of the previous week,
according to Otis & Co.
The Washington times., 1930-10-07
A Year Ago

Sales on the New York Stock
Exchange a year ago today
amounted to 4,261,SOO shares.
Long term paper was avail.
able at SA per cent and call
money dropped from 615 per
cent to 6.
The oils, utilities and some
Of the speciality stocks spurted
sharply.
American Can closed at 171K.
mp q.
American Machine d FOun.
dry sold up Z, to close at 257.
The Washington times., 1930-10-07
'S4,4S2,642,00O
NEW WF|NANC|NG
IS REPORTED
Otto P. SchWarzschiId Tells
of Statistics; Harris, Forbes
Co. Leads In Volume

New public financing in the
United States during the first
nine months to September 80,
1890, excluding domestic and
Canadian municipals, aggregated
S4,492 ,642, 900 according to rs-
liminary compilations announced
by Otto P. Schwarzschild, editor
Of American Underwriting Houses
and Their Issues and manager OF
National Statistical Service. New
York City. This total compares
with $5,280,s1s,00o for the same
period Of 1929.
From the standpoint of total
business participated in, either IS
syndicate head or participant,
Harris, Forbes & Co., accounted
for the largest volume. with
81 1887, ,764, 900.
Morgan Leads
The compilation reveals that
j. P. Morgan a. Co. led the list Of
investment houses during the first
nine months by heading syndi-
Gates amounting to $676, ,27S. 900.
Harris, Forbes g. Co., with $780,
$50, 800, ranked second and Hal
sey, Stuart g. Co., Inc, third with
$305, ais, 1000.
An analysis of the financing
during the first nine months re-
veals that of the total new offer
ings of $4,492,642,00O, bond and
note issues aggregated 1882, ,7O7,-
900 or over 88 per cent of the
total while stock issues amounted
to only $539,935.000. Domestic
public utility financing totaled
1881, ,579, 900, accounting for
more than 35 per cent of total
offerings.
The following table shows the
activities of investment houses
heading syndicates aggregating
100000 and upward during
the first nine months Of 1880.
As AS Par
Synd. Hd. ticipant Total
The Washington times., 1930-10-07

earnings. At current prices Car
bide Yields only slightly more
than 3.88 per cent, but about
five or seven points lower, the
stock looks like a buy.
Those who previously have been
identified with the stocks move.
ments marketwise are again said
to be operating In Snider's Pack,
ing. Sponsorship of this issue
in the past has usually been OF
the weak type, and would sug'
gest that my followers avoid com
mitments in this issue.
Resistance Levels
One of the markets most ob
servant students points out that
many of the leaders are meeting
with good support on the de
cline. General Electric, he says
is bought between So and 60
Consolidated Gas between 98 ano
100 and American Can between
1T and 100. It remains to be
seen whether or not these resist
ance points can be broken.
personally think they will.
international Nickel slumpeo
sharply yesterday, touching .
new low for the year. Curtail
ment of the company's opera
tions will materially effect Its
earnings and there is a posi-.
bility that the present dividend
rate will not be maintained
Biscuit Stocks
Payment of the regular stock
dividend of ten per cent and the
election of Arthur w. Cutten to
the board attracted attention to
Loose Wiles Biscuit. Selling
around Sc, the stock, including
the stock dividend Is yielding
more than II per cent. I am
told, however, that large banking
interests who have been identi
fled with other biscuit stocks
have not only "soured" on theil
own issue but all others too.
Opening of the new plant o1
the A. M. Byers Company, al
Ambridge, Pa, should have
favorable effect on that com
pany's earnings. / don't think
however, that anything in the
way of a dividend can be eX
pected for some tint.
The Washington times., 1930-10-07
A "Spanking?"' :

Several floor members of the ex-
change are reported to have been
called on the carpet in regard to
their selling operations. Exchange
authorities are said to frown upon
the activities of this group in de-
pressing stocks below "a fair
price" in relation to market val.
des. Just how fair price" can
be determined is hard to visualize.
Running a stock UP to say $500 a
share is, I presume, putting a
stock at a fair price"
One of the leading investment
trusts is reported to be liuuidating
its utility holdings. This is said
to have been particularly true in
American Telephone.
Trusts Can Help
: The big investment trusts can
do a great deal toward helping the
present situation by stocks. /
don't mean picking up stocks that
are still over-priced and have low
yields. But as I pointed out yes
terday, there are number Of high
grade stocks on the big board
which are current selling at levels
that give a high return and
which, in any recovery in the mar.
ket, should show a good apprecia-
tion in value. Little if any buying
by investments trusts has been no
ticed for some time.
Now that Miami Copper has
passed it's. dividend, it only re-
mains for American Smelling to
act on its rate. Earnings,
though showing a sharp decline,
appear to be sufficient to var
rant the continuation of the
present $4 rate.
Union Carbide
Union Carbide, one of the
strongest companies in the cheni-
cal field, is getting around levels
that would make it an attractive
purchase for a pull. Earnings for
the first six months were down
more than II per cent as COM
pared with the corresponding
period of last year and equalled
SLAP a share. This was less than
the half yearly dividend require
ments on the stock Tue last
half of the year, however, is ex-
pected to show a material gain in
The Washington times., 1930-10-07
Local Stocks

Capital Traction SIS. $5oO@91.
washington Gas IS A, 5000
1929.
Pot. Elec. Cons. SIS, $4,000
1925.
Capital Traction Co., 5@55, 20
IS.
Potomac Electric IS pfd, So
111A.
Potomac Electric 51as pfd, 10
@10834, 10 108A.
Wash. r. & E., pfd., 2@9S.
Fed. Amer. M. Blk, 10@272R,
10@272.
Liberty National Bank, 100
200, 10000.
Federal American Co., CON-, 10
@301z, 100301a.
Mergenthaler Linotpey, 100
94A, 10094H. 10094A.
Real Estate Mortgage, pfd., 200
@6a.
After call-Pot. Elec. ss, 1853,
$10001O3.
Capital Traction Co., 1906!
1O@55.
The Washington times., 1930-10-07

]. 2. Morgan
& Co...
Harris, For
bes & Co..
Halsey, Stuart
& Co. Inc.
Kuhn, Loeb &
! Co ........
Dillon. Read
e. Co.
B& bright &
Co, Inc.
Guaranty Co.
of N. ~.
c b a s g Sec.
Corp, Inc.
Equit. Corp.
Nat. City Co.
Otis & Co..
Chatham Phe-
nix Corp.
Drexel & Co.
First Nat. Old
Colony Corp
Union r r u st
Co, of Pitts.
L e e, Higgin-
son & Coz.
The Washington times., 1930-10-07

$676,27s Ss7e,2TB
Ss2.sSs sso5.1o5 1,2sT,1sA
so5.a1s 74s.47O 1,oS1.sss
sos.s4s 37GssS sT2.5se
s4O,ssl 2ss,sT6 SO4,sss
2so.s4S 4is.ss4 s4s,sss
1sO, 5s1 sss,sss 1,oBs.s .ssa
154,sss S14,ss7 7ss. .2eS
143,s6o 1,031,k34 1,175,4s4
114,325 100000 2is,3zs
$3.50 125.75o 21s,1os
soA41 50,
74,75O 44o,so7 516,65T
10000 s1S,as1 2ss,as1
$4,000 T1s.s2s 7sLs2s
The Washington times., 1930-10-07

One of the leading investment
trusts is reported to be liquidating
its utility holdings. This is said
to have been particularly true in
American Telephone.