davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1930-07-21
PACIFIC SPEEDS
CONSTRUCTION.

SAN FRANCISCO, July 20.-
The current depression has not
halted building activities of the
Pacific Gas & Electric Co. In
May, the last month for which
reports are available. the com.
pany,s, payroll was $2,124,OO0, or
$500, 900 more than in May. 1929,
The number of employees was
14.242. an increase Of S,7sl over
May Of last year. r.;
THE payroll. of this company
for the year." said A. F. Hook.
enbOamer, president, will run
Z in excess Of Ss5,OOO, 200, or more
than $2,OOO,OO0 = month for
every month In the year. We
have not halted, a single under
taking i'm eur program Of build
ing, for the future.
I'VE are going right along
with our dam, power houses
and bitches ON our Salt Springs
project on the MokeIumne
River and there will be no let
up on this project until 1t Is
finished in 1881 or 1882. Work
on our steam electric plant In
San. Francisco Is likewise NOV
ing ahead, with full crews at
work. under orders to get the
first Of two large steam ~tur-
bines ordered for that station
into operation this fall.
Sour natural. gas program is
\ being carried ON IS laid out
last year and the year before.
and construction crews are now
building into Napa, SOnoma
and Marin counties, which will
be supplied with natural gas
before the end Of September.
Extensions, gas and electric, are
going ahead In every city and
town where there Is demand
for them"
The Washington times., 1930-07-21
BANKCLEARINGS
-, - s-1'' .'l ?
SHOW GAIN !.
So. ""W EHA"
VAEV ~ VAsaHW ST.

4, Bank clearings in. the United.
States for the week ended July
II, as reported to Bradstreet's
journal, aggregated $40, ,76S,921,-
OOO, ~as against $S,795. .164, 900 last
week, a holiday week. and $13.-
sos, $50, 600 in this week last year.
There is here shown an increase
of 22.3 per cent over last week,
but a loss Of 2O.3 per cent from,
the like week Of 1929. Canadian
clearingS aggregated $3O6. .529, 900,
against $312, ,927, 900 last week and
1885 ,282 900 in this week last year.
Following are returns for this
week and last, with percentages
OF changes shown this week, as
compared with this week last
year. - ,iT~'
thraa cfnhara (OAON omitted
The Washington times., 1930-07-21
s. o. of Indiana O.K's
Sinclair Oil Deal

Directors of the Standard Oil
Company of Indiana have ratified
the contract with the Sinclair
Consolidated Oil Corporation to
acquire the latter's half interest
in the Sinclair, Crude Oil Purchas-
ing Company and the, Sinclair
Pipe Line Company for a cash
consideration Of $72.5OO.O00, Civ
ing Standard full ownership Of
the two, companier ,t'
Sinclair'S investment in the
properties amounted to $44. .189.-
600, and he will receive q profit
Of about. $28, ,OO0. 900 on the, trans
action.
The Washington times., 1930-07-21
Company
Acquires NeuU Unit

Municipal Telephone 8S Utilities
Company has acquired the. water
service. company at Walnut Ridge,
Ark, and a, 5O-year water fran
chise to serve Hoxie, Ark, Millard
F.. Cheek, president announced.
: Both will be-. operated by Asso-
ciated Utilities, Inc, subsidiary of
Municipal Telephone q Utilities
Company. "A new filtering. plant
will be constructed in Walnut
Ridge and a new extension run
from that city to Hoxie.
The Washington times., 1930-07-21
EUROPE Steel
CARTEL SPLIT. !.

PARIS, July Ala definite
split in the European steel cartel
is revealed as result of the de-
ciSio nat Liege. July Is, to aban-
don quotas as well as minimum
prices on bars. hoops and sheets.
Competition is now unlimited in
these products.
! Opposition to the cartel is led
by the Belgian firm of Clabeco.
The question of prices of semi
finished products and beams will
be discussed at a meeting Aext
week.
The Washington times., 1930-07-21
Y Youngstown Steel
:. Rate Unchanged

! YOUNGSTOWN, July 21.-The
Youngstown Sheet g. Tube Co.
will maintain operations at so per
cent,of capacity, unchanged from
last week. Operations for the
sharon Steel Hoop will also be
unchanged. at. IS per cent, with
ingot production at so per cent
and sheet production at 80 per
cent Of capacity. :
The Washington times., 1930-07-21
Wu-LOlU, Inc, June
Income Increases

WILLOW CafteriaS, Inc, reports
net profit for the month Of June,
1880, after allowing amortization,
depreciation and taxes OF $17.2l6.
This compares with . loss Of
SO 622 for the month Of June,
.i929.t The volume OF business
for, June, 1880, amounted to
$3lO,473 as against $297 $40 FOR
the same months last year. :,
The Washington times., 1930-07-21
Western Auto Co.
June. Sales Decline

Western Auto, Supply Company
reports sales for the month OF
June of s$l,073.339, which 'repre-
sentS q decline, of 1872 per cent
from the $1,466,66S reported In
the same month a year ago.
For the first six months Of the
current year, sales totaled So $685..
838, which " represents decline
of 3.S per cent. from the $6.624,.
,315 In the first half Of last year.
The Washington times., 1930-07-21
Golf Equipment on
Hiuh Sales Record

Despite. general business con.
ditions. the sale Of golf equip
ment has held UP exceptionally
well. officials Of the Burke Golf
Co.. Of Newark. Ohio. said to-
day in reporting their, general
volume more than Is per cent.
ahead OF 1929, the largest in
their history, >.>.
"Our experience this year
would seem 10 prove definitely
that people have money, 10
spend" the company stated.
The Washington times., 1930-07-21
Ohio Oil Company
Warns of Price Cut

OWENSBCRO, KY, July 19.
The Ohio Oil Company has noti-
fled operators in the West Ken
tlcky field that either production
must be curtailed or the price
would be cut.
The operators will meet Mon.
day to reach q production agree
ment. Crude oil is selling here
at lisa a barrel. Last winter
West Kentucky operators curtailed
production for three months. to
forestall . price cut.
The Washington times., 1930-07-21
Wheat Exceeding
Harvest Expected

The wheat harvest in Okla
homa and the south half Of Kan
sas has been completed. General
Mills, Inc, reported today. Due
to favorable weather during the
few weeks Just preceding the
harvest, while the grain was fill
ing. slightly heavier yields are
reported than had been expected.
The Washington times., 1930-07-21
PORTLAND GAS.

Portland Gas g. Coke Co. re-
ported today net income for May
Of ,$66;84 compared with $685.
03Ssin May, 1929. Net income for
the IL months ended May 81, TO-
tailed $3.50, $50 compared with
$73Ts948 in the preceding 12
months, 49, i,
The Washington times., 1930-07-21
BRAZILIAN TRACTION

Brazilian Traction, Power &
Light reported today q balance
for. June of $2,471 .239, compared
with $2,427 ,292 in June 1929. In
the six months ended June 30
there was q surplus after charges
of $14,021, ,O2O, compared vita
$13.760, ,385 in the same 1929 pc
riod.
The Washington times., 1930-07-21
Gen. Motors Corp.
Opens 4 Branches

General Motors Acceptance
Corporation has been authorized
to open branches ip Youngstown,
Akron. Davenport and Baltimore,
The Washington times., 1930-07-21
The coppers

There has been the smartest
kind of buying in the best copper
stocks recently. This seems
strange in view of the weakness
in the red metal, now selling at
the lowest level in many years,
and the huge increase In stocks
on hand. Yet a long position Is
being taken in this group oy
shrewd investors who look far
ahead and have rarely been
wrong in the past. They see only
one more piece Of bad news
ahead, that July production will
again run ahead of consumption,
due to the widespread industrial
curtailment this month. Next
month should see a decided
change. Mine production is well
in hand and some of the higher
cost producers may possibly shut
down entirely until the situation
turns. -.
When the copper situation does
improve, stocks of the best COM
panies will be selling much higher
GnaO Lncy are LlOW. AhC 1AAAS1
can, Smelling, Kennecott- and
Anaconda as the leaders in the
industry. international Nickel IS
the best in the low-priced group.
Nevada, controlled by Kennecott,
is more speculative. but will fol
low the group movement, as will
Howe Sound and Phelps Dodge.
Newmont Mining has huge hold
ings in copper stocks, especially
Kennecott.
Quiet absorption has been 60
ing on in Macy, Best and Co.
and other high-grade depart
ment store stocks but are known
to be we'll managed. Their sales
are not likely to take any .spurt
this summer. I am told there
will be a play in these stocks in
the fall. Sears Roebuck sales are
still far below last year. but the
company has a splendid record
and will do better.
The Washington times., 1930-07-21
Chicago Car Line
Profits Shrink

The Chicago surface lfn4s,
share of June divistble receipts is
100000. against Sl7g All in 1929.
The Washington times., 1930-07-21
.MANVILEE NE 7
St.s7 SHARE IN
SIX MONTHS
Chesapeake Corp. Shows
Drop in Net Earnings; Equal
! to Sl,65 Share Outstanding

JohnsManyiIle Corp. and sub.
salaries reported today a net
profit FOR the three months end.
ed June 30 of $ess,52S, equiva.
lent, to SAG q share on 100000
no par shares. This compares
with '$T41,63O or 81. cents q
share, in the preceding quarter
and with 81, ,033 GOT. or $40 a.
share In the corresponding 1929
quarter.
In the six months ended June
80 net profit totaied $1.74O,l60,
equal to $l.97 . share, compared
with $3;O39 ,096. or $2.70 share.
in the like 1929 period.
The Washington times., 1930-07-21
Yardsticks

One hears extravagant claims
and reasoning when selling prices
of many stocks are questioned
on the basis of earnings. There
may be some justification for
General Electric's ruling around
10, since it is one of the ma
tion's premier industrials and
has shown consistent growth CT
earnings in the past. Yet net
this year is unlikely to be much.
over 50 a share.
Most of the utilities are in a
The Washington times., 1930-07-21
CANADIAN NATIONAL

Canadian National Railways Co.
reported today gross earnings for
the week ended July IL were $4,-
292,31O, compared with $5, ,413.3l2
in the corresponding 1929 period,
The Washington times., 1930-07-21

Eleven days left 10 file .your Personal
Tax Return. YOu need not be residing
wear Co be liable for tax.,A Inquire at
6sam IOS. District Building.
The Washington times., 1930-07-21
M. A. HANNA.

M, A. Hanna. Co. In the quar-
ter ended June 80 earned Al
cents q share on 1,O16.O6l shares
compared with '$1.09 q share on
the same share basis in the like
1929 period, ..
The Washington times., 1930-07-21
Constructive Stock Market The Spectator ADer
Further Progress Y
Off, Stock Market Is
Believed Due Now

point in industrial activity. Plant
shut-downS for vacations and In.
ventOry this month have gone q
long way toward clearing up Of
surplus stocks, and the outlook
for the balance Of the summer
is more favorable. Steel mills
are receiving q good volume Of
orders for August delivery. "A
good share Of this business, Is
coming from the auto makers
who are Introducing new models.
r. q. Dun q Co. has this to
saw: -. - ~ r.
''The actiOn Of certain mar.
kats now Ia regarded ~ fore
shadOWing renewed interest on
the part Of buyers when sea
sOnal restraints have been re.
moved, and the conviction Is
gaining that the worst Of the
trade setback has been passed
In some industries at least"
Another encouraging develop
ment was the firming Of COM
modify prices. Copper was only
one to sag, BradStreet'S composite
food price after q steady decline
OF several weeks, turned upward,
Bank clearings were above last
week, indicating greater business
activity.
Second quarter earnings re-
ports coming out now have been
more favorable than generally
anticipated. 49, - ~"
The Washington times., 1930-07-21
Scott Paper

Scott Paper Company reported
today for the six months ended
June 80 q net income Of $500, $50
against $434,926 in the CORE
spending 1929 period. - -~e
The Washington times., 1930-07-21
,Lehikh Valley Coal

Kehign Valley Coal Corpora
ton reported today for the SIX
months ended June 30'G net loss
Of &2So, ,4t4 against. q net profit
of $3O5, ,O49 in the like 1929 period.
The Washington times., 1930-07-21

TotAl ..s.ss's.'s NSSo,tSd N%AS,Szs
aIOs Angeles Clearing House has dis
continued reporting bank elearings.., Fig
ures given are bank debts.
blast weeks. sd; .kS 49,
cNot included in. total comparison, In
complete.
The Washington times., 1930-07-21
CHESAPEAKE CORP.

The Chesapeake Corp. report
ed today Tor the SIX months
ended June 80 q net income Of
$2,961, ,189 equivalent to $i.6S Q
share! on the outstanding stock.
This compares with d net i1-
.comei Of 81, 1,869, ,863 .or ,$2.oS q
share in. the same 1929 period.
The Washington times., 1930-07-21
IN LOANS
!. FOR CITIES

Only three municipal bond Of
ferings Of major size are .includ-
ed among the. 68 items scheduled
for the coming week, according
to the Daily Bond Buyer Of New
York, whose regular compilation
shows an aggregate Of $15,67l.-
SIT, as compared with $24 1858, ,94S
during the, past week and $685.
373,298 the weekly average for
the year to date. SchuylkiH
county, Pa, is calling for bids
today for $1,000, O,OOO 412 per cent
bonds and Essex county, N. j., will
offer $3,929, 100. 4A per cent per
manent improvement b On d S :.
disposal bonds on Thursday.
Following is. a list of important
items, go
MONDAY.
schuyikilt County, Pa....t.! 81. 300,0
Essex County. New Jersey..t S'sSS' S eSS
San Diego, Calif. .:,.:.:.,. !SS'SOo
Arlington County, Virginia. $4,000
Eyndhurst Township. n. j.. 'S3S.0o0
Atlanta, GaA.....,. zOO'UOo
Marion County, IDdiana.... 49S.90g
Revere, Mass. .~......~.".... 20O.OSO
TUESDAY
uu.c.tius County. Iowa.. zoo, 900
Essex County, Massachusetts: 200. .O0O
WEDNESDAY r avs.
Madison Parish. Louisiana. . ~ $50. .OOO
Brown County, Wisconsin. 400, GOO
THURSDAY 49,. .g. r
Cleveland. Ohio s............. .2,oOO, 600
Lee County, Iowa.... 333, ,O00
Coos County, Oregon. 3OO. .OO0
Gibson fsCounty; Tennessee 800, 600
North Castle, N. Y. ........ -" .2l5, zoo
FRIDAY
Robbipdals. Minp..,..~....., 100000
~ hrE SATURDAY - 9r
County, No. Carolina 100000
New Orleans, La. d.: ::,..,. sts.4eO
The Washington times., 1930-07-21
Central American Railways

International Railways of Cen
tral America showed a net in
come for June of $l76,3 ,391. CON-
pared with $25, ,s32 in June. 1929.
The Washington times., 1930-07-21

similar category. Even pending
mergers, If consummated. are UNI
likely to make any great diff
ference Immediately, and capt
talization in many cases is very
large already. The situation is
probably explained by a long
range view of the companies
prospects, but this seems strange
when the highest grade stocks.
like steel, telephone, American
Tobacco, Liggett and Myers, and
many others have prospects just
as bright, yet are selling cur
rently at q far lower price-earn-
ings ratio. .--
Continental Can keeps on forg-
ing ahead and is making money.
The stock has a high rating and
should sell much higher. It Is
comparatively neglected yet the
opinion of investors was indicat-
ed by the. big increase in stock
holders in the recent report. OPP
orators look longingly at the COM
pany's balance sheet and posi-
tion as a splendid opportunity
market-wise, but. as one put It,
IF 1 could only get q block OF
distress stock I'd. sure do some
thing with it." ~
The Washington times., 1930-07-21
HiKhIightS Of News

The most important news de-
,velopment of the week from q
financial standpoint ives" the
merger of all the Chilean nj
trate companies under the con-
troll Of the Chilean government.
Standard Oil Co. Of New Jersey
and the German Dye Trust
formed q company making avail,
able to practically all the oil
refinerS in this country STAN
dard's hydrogenation process for
the manufacture Of gasoline,
Sinclair Consolidated Oil Corp.
sold its half interest in Sinclair
Pipe Line and Sinclair Oil Pur.
chasing CompanyS to Standard
Oil of Indiana for 81, SOC, 900 cash.
The Washington times., 1930-07-21
Bond Market Firm

The cheap money is beginning
to have its effect on the bond
market. Activity has been picking
up. and prices have developed "a
stronger tone. This Is one Of the
old tried indicators Of q business
recovery on the way.
= Financing this week, exceeding
$85, 900, 900, was nearly double the
amount Of new issues floated a.
year ago. New issues this. week
chiefly were municipal and for
eign. including the $25, 200. 900 Of
fering for the Austrian govern
ment. " ~ e
The Washington times., 1930-07-21
PACIFIC POWER.

Pacific Power & Light report
ed today q balance. for May Of
SIS, 9,25O, compared with balance
of $S1 ,0S3 in May 1929. There
was balance for the IL months
ended way 81 Of ,$713, $40 against.
$685., ,O66 in. the preceding IL
The Washington times., 1930-07-21
Market Street Hallway

Market Street Railway reported
tOdayA net incOEae for June Of
$06. .662, against, $f2O,711 in June,
1929. For the: IL months ended
June 30, there was agnet income
of $1,531,746, compared with
81, $50. .O96 in the preceding II
months. Sc ~: II.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-01-13
Double Service Furniture
Ideal for Small Homes

eit or not IL the radio. IL there isn't
room for a beautiful cabinet. there
are ways OF building II into other
Indispensable furniture. IL may be
part OF a library table. or built into
the top OF a modernistic bookcase.
One OF the most ingenious IDEAS
Tor having a radio and yet keeping
II concealed was developed by a skill
full craftsman who built a radio set
into the manteI OF an electric fire
place. The mantel looked like a Sc
ries of small doors which might con-
tain books. but the touch OF a spring
released the door and revealed the
loud speaker OF the radio. When not
In use the door vas closed. and there
was no indication OF the presence NJ
the radio anywhere. or course. the
necessary equipment vas set in a
special compartment built for the
purpose behind the fireplace.
Then there are TWO pieces Of bust
nesSlike furniture In many homes.
and no matter how useful they are
not aesthetic enough for display
the telephone and the typewriter.
New telephone tables keep the direc.
tories on a special rack underneath.
so that they are easily accessible but
out OF sight. IL the French type tele-
phone Is used. this can be kept on a
special shelf underneath the table
top-out OF sight except when In ac-
tive use That leaves the top OF the
table free for any Of the uses which
arise-and in most rooms there are
never too many small table surfaces.
AS for the typewriter. II that must
be kept as part OF the desk equip
ment In the living room. IL can be
swung out OF sight In q specially
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-01-13

United space spurs TO inven-
4 ton. Never did we need so
many pieces OF furniture for
comfort. and never has there been
less space TO house all that we seem
TO need.
Books. for instance. Not so long
ago the top OF the parlor table and a
slender bookcase provided all the
space needed for the average fam
ily's collection OF books. a library
Of several hundred volumes was the
possession OF the more well.to-do.
But today. everybody buys books
and lots or them. Beginning with the
small persons sets OF Juvenile en-
cy~clopaedia. the standard reference
works that most OF US pick up dur
ing the course OF years. sets Of nov
els and stories-well. it's only a mat
ter OF months before one needs Ii
brary shelves by the yard.
Where shall the excess books 20?
one method IL to make the book
shelves serve more than one purpose.
There are bookcases built the proper
height 70 act as library tables as
well. The lower part Is divided into
compartment shelves. and the top
oica1AHe LADlc- ~ ioHB
narrow table-bookshelf accommodates
the many volumes OF an encyclo-
paedia. The more modernistic table.
square In shape. with Irregular
shelving and compartments can take
care OF books or many sizes-not to
mention magazines that are kept for
more than a week or a month.
Another item OF furniture that mas
to be crowded into the average fam.
tly's home whether there's space for
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-01-13

much. The important thing 10 nat
us a short cut Everything u the
factory IL a short cut
Why are the chimneys made ri
cruliers instead OF brlcks?" Nj
wanted to know.
They bend better IN the wind for
m thing. For another thing tits A
good way 70 use the holes Why
have cruliers got holes. anyway"
The sh a q o w%-children shrugged
their shoulders. why have theyF"
"Because-because-hm-m. they
have their own reasons 7
CfuIlers are peculiar. They're 60
round and empty"
AT that moment the whistle blew
again. This time there vera five
sharp blasts. AT onc from WIT aIdea
came scores Of Cinnamon with lonn.
pig-tai.S- They followed each other
nn the chimney then dropped inside.
There were too many 70 Get in
aii AZ once. Crowds Of them were
obliged 10 wait their turn al the
bottom. Many lay down 10 take a
nap. Not one went IN through the
doors. which were wide open
You see" said Tirg-a-LinE srnil-
ing. they're wise. They wait for
the short cut"
oh. its fire o'clock" Knarf ex-
claimed. Isn't that too late WV starr
work It's time IN finish work"
Not tn a tea-tlme factory" said
~Tlnr-a-L.ng. Five O'Clock II e.
time always"
but what's inside a tea-tIme faa.
tory, Yam demanded.
Come. we'll 20 in at once"
And with that he started for tina
chimney.
tomorrow; What was Inside tia
Tea-Time Factory
Cnrrrlrht in-n N
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-01-13
Blot Out "Catching" Diseases
DR.. Copeland's Health Message Today

lfirst be removed before the trouble
can be cleared up.
A. r. NJ. Q.-Is there any harm
in third cousins marrying?
NJ. r B. Q.-what do you advise
FOR enlarged pores?
Airy using hot and cold com
presses alternately for fifteen min
utes night and morning.
NJ. o. B. Q.-what do you advise
for catarrh?
Al would suggest a good nose
and throat spray. Other specia
treatment Is advisable.
L. d. Q.-what causes hives?
2.-What co you advise for black
heads?
A--This Is usually due to som,
food which causes irritation.
Correct your diet. BY cuttinr
down on sugar. starches, and coffee
Eat simple food.
: ID. III. l.. o.-How much should 4
girl aged 10. 5 II. 3 inches tall weigh;
A.-She should weigh about III
pounds.
X. J. Q.-What Is the cause o,
sharp pains in my stomach causinr
me TO double up? have had my
appendix removed.
A.-You may be troubled with
hyperacidjty or stomach ulcers. n
would be wise TO consult your famil,
doctor for an examination.
copyriEht 1850. Newspaper Feature Service. rs
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-01-13
A Fashion Models Diary
By GRACE THORNCLIFFE
She Discusses an Erening Corn.

rs always so good TO see some
n from home. even II II isn't
a member OF the immediate
family. I received n pleasant
surprise at the shop yesterday IN the
way OF a telephone call from a Mrs.
Gray She's been a neighbor OF ours
at home for years. and Is almost con
sidered one OF the family. She and
her husband are on their way South
for a few weeks and are going TO
stay In town for about a week before
they leave.
or course. I was delighted to near
from her and Immediately arranged
TO meet her for lunch. We spent a
grand gossipy two hours together.
Before they leave. Mr.. and Mrs.
Gray have invited Billy and me to
have dinner and then go 10 the thea.
tire with them. They're anxious to
meet Billy. because they missed him
when We were home on a visit re-
Gently.
! called Billy as soon as I returned
from lunch 10 tell him about the
date. He said he'd be delighted to
go u he thought that Il should be
our invitation and our treat. since
Mr.. and Mrs. Gray were out-of.
NNNN t@~1 "a J4St NA1iLAt8 LOE - lew
days. Billy really In sweet. I had
wanted to make II our party from
the first. but Of course I had TO walt
for the suggestion to come from
Billy.
Anyway. the big event 10 the night
after tomorrow and ! can hardly
wait. We really have been leading
a very quiet existence OF late. and /
haven't been out In evening clothes
for what seems like ages.
I'm going 10 wear q brand.new
frock. too. I've had Il for a few
weeks. but haven't had any occasion
50 far for showing II off. It's quite
a sophisticated model developed In
marine blue satin. The low-cut neck.
line az the back is Interestingly cut.
out and has insets or blue net. At
the lowest point a soft how in act On