davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1930-08-12
VS.. CASH
. PAYMENTS
DISCUSSED

Payment Of dividends in stock
instead Of cash, . practice fol-
lowed by some Of the utility com.
panies, is made the subject Of an
Informative bulletin prepared by
west e. Co., to answer the ques-
tion sometimes raised as to
whether this method Of payment
is sound from the standpoint Of
the investor.
The bankers point Out:
"The continuous expansion 60.
ing on In the Public Utility
field has been accompanied by
. constant need for additional
capital. In many cases the
company has been able to
meet its junior financing re-
Quirements by retaining the
cash instead Of paying 1t to
the shareholders. In this pro.
cedure, the company has an
automatic financing plan at
practically no cost. While the
company is expanding, with
the capital which otherwise
would have been paid to stock
holders, earnings are also in
creasing and accruing to the
credit Of the stockholders.
Stock dividends are, in effect.
the same as cash dividends 80
that the stOckhOlder has moth.
ink to lose but all 10 gain.
l. Stock dividends can be sold
for cash; Q. In receiving stock
dividends. there is no loss Of
time In re.investing; 3. Stock
dividend is Immediately put to
work; 4. There is no need to
provide cash to make up .
minimum inveStable amount;
S. Increase holdings without ad-
ditionaI investment Of funds;
6. As stock advances in mar
ket price, the return on the
investment becomes larger.
whether stock dividends be
paid regularly or occasionally.
the principal object is the
same; to provide needed capital
for the corporation, |. e., re-
tanning cash and issuing new
stock as q dividend. In briet,
the all-important factor to be
kept in mind when receiving
stock dividends in lien Of cash
is: Has growth in net earnin@
increased at o rate greater than
the rate Of increase OF shares
outstanding"
The Washington times., 1930-08-12
Md. BOOties Trapped
Bu ". Va. Agents

MARTINSBUEG, w. Va, Aug.
12.-Wilbur Bishop and Roy
Lynch, Hancock, Md, men, are
In jail here charged with the pos
session Of ~ gallons Of liquor
which they brought into this city.
The Marylanders stepped into a
trap prepared for them by State,
city and county officers when
they permitted themselves to be
piloted by local couple from
the outskirts Of town to a garage
almost in the heart Of the city.
AS they drove into the garage
the officers suddenly materialized,
closed the doors and made their
arrests. The liquor-runnerS are
in the city jail awaiting trial.
The Washington times., 1930-08-12
W|CkWIRE CO.
PLANNING NEW
ORGANIZATION

An amended plan for reorgani-
zation of Wickwire Spencer Steel
Company has been announced by
the reorganization committee as
a result Of an arbitration proceed
ings between the committee and
the Class B noteholders commit
tee.
The decision Of the arbitration
was that holders Of the company's
Glass B notes are entitled to re-
ceive substantially 10.688 per cent
Of the stock Of the proposed new
company to be presently issued.
which is equivalent to 10.S171
shares Of new stock per $1,000
principal amount Of Glass B notes.
The committee has announced
to holders Of the various classes Of
securities affected by the plan
that it has amended the original
plan so as to permit the deposit
hereunder of Class B notes and
to increase the amount of stock to
be presently issued from $4,000
to 1853, ,397 shares. These shares
viii be distributable per $1,000
principal amount Of deposited Sc
curities as follows: First mort
gage bonds, 20 shares; prior lien
bonds, 20 shares; Glass A notes, 80
shares, and Class B notes, 10.8171
shares. The number of shares dis
tributable to holders of deposited
first mortgage and prior lien
bonds and class A notes under the
amended plan is the same as in
the original plan, prior lien bonds
to receive also, in the amended as
well as original plan, $11.66 2-3 in
cash for each $1,000 amount of
said bonds.
The committees notice pro-
videS that holders of the various
securities already deposited under
the plan, upon the surrender OF
their certificates Of deposit and
upon payment of their pro rata
share Of the expenses, obligations
and liabilities Of the reorganiza-
ton committee, may withdraw
from the plan on or prior to
September 10, 1880. and thereupon
will be entitled to receive back
their deposited securities. Pro
vision also is made for the deposit
Of heretofore undepoSited first
mortgage and prior lien bonds
and. Glass A notes until such
time as may hereafter be fixed
by the committee. Holders Of
Glass B notes also will be per-
Initted to deposit their notes until
such time as is fixed by the COM
mittee. The committee reports
that i per cent of both classes OF
bonds and 80 per cent of the
Class A notes already have been
deposited under the plan.
Depositaries for the various
classes of securities have been
announced as follows:
First mortgage bonds and prior
lien bondS--The Chase National
Bank Of the City of New York;
The First National Bank of Bos-
ton: Manufacturers & Traders
Peoples Trust Company, Buffalo;
Continental Illinois Bank and
Trust Company. Chicago, and the
Crocker First Federal Trust Com
pany, San Francisco.
Class A notes.-the Bank Of
America N. A. and The Atlantic
National Bank of Boston.
Glass B notes.-the Marine
Trust Company Of Buffalo.
The Washington times., 1930-08-12
Rector Campaigns
For 81 Fox ROlIlttu

FAIRFAX. Va, Aug. IA
campaign for a bounty on foxes,
both red and gray has been
launched by the Rev. Noel Allen,
local champion Of wild birds and
game.
He is circulating q petition ask
ing that either the State or the
county offer bounty of 81 a fox
and backs his plea with the claim
that millions Of dollars worth of
farm poultry and small livestock,
in addition to quail. rabbits and
other game, would be saved by
such action.
The Washington times., 1930-08-12

Your apartment needs can always be
satisfisG threaeh the ClAssifisd Rental
A6a0
The Washington times., 1930-08-12
OIL STOCKS

FURNISHED by w. B. Hibbs & Coz
The Washington times., 1930-08-12

N0y' % OV
"Ex dividend. Ex rights. Plus ~ in. stock 9Pay.
PAYABLE in stock Payable when earned :Pay.
stock Plus 2% in stock Plus 81 In stock eI PtGs
Subject approval sockhoidsrs Plus extras sUnit
100 shareA
The Washington times., 1930-08-12

l2A Yellow Trk b.. 21T 2I6 2lH-
32N Young w (9. IS IS IS
The Washington times., 1930-08-12
CONFEDERATE BURIED

LEESBURG,' Va, Aug. IL
Funeral services were held from
Union Cemetery here, for Charles
T. Having, Confederate veteran
and retired farmer who died re
Gently at the Soldiers Home
Richmond, Va, following . Ions
illness.
The Washington times., 1930-08-12
Consolidated Stores
ReDOrt More Sales

Consolidated Retail Stores, In
corporated. sales for July were ST.
214,85O, against $1,349,416 for July,
1929. For seven months, ended
July 81, 1880, total sales were $12,-
27O,816, against $11, ASS, 400 for
same period of 1929. Units oper.
ating during July, 1880, totaled 80.
against 90 q year previously.
The Washington times., 1930-08-12
GRAINS OPEN HIGHER

CHICAGO. Aug. N.SD.--Grains
opened generally higher today. Wheat
was Nc down to &c up; corn l to 1bc
higher, and o astss to Nc up.
Opening prices:
Wheat-Sept.. 93h; Dec, 100; March,
104ss: May 10TH
Corn-sept., 1o1: Dec, ss997; March,
90 q 100; May. 100 @10s:,
oats Sept. 4tss on; Dec, Is;
March, 47&; May, e9h
The Washington times., 1930-08-12
co.
REPORTS

Gross earnings Of subsidiaries
of the National Electric Power
Company for the three months
ended June 80, 1880, aggregated
$500, 400, as compared with
$l5,173,622 for the second quar-.
ter of 1929, an increase OF 0.S
per cent.
and other charges, the net IN
come available for retirement
and dividends on stocks Of the
company amounted to $1,S63 .432,
as against $1,392,567, a gain OF
1872 per cent.
For the IL months ended June
80, 1880, the subsidiaries gross
Earnings totaIed SOS, ,6S2, 1877, com
pared with $59, $40, ,203, a gain OF
81 per cent. Net for retirement
and stocks after operating ex-
penses, taxes and al otner
charges aggregated $7,197 ,4O3, as
against $6,62o,941, gain OF 81
per cent. r.,
Company earnings were as fol-
lows:
1880 1923
Gross arm
ings Of sub o.
sidiariee -. S1S,21otAVV.AS SAo'A'S'0%~""
Net for re-
tire m ent
and stock
owned by ..,n 90
N e. p. Co. 1.72495s.Ss IoSAoS"'eH
Interest and
o her. de-
ducttons Of o..o.,E
n E P. Co. 1e1, SSbs4 Zse'o@o'4e
Net for re-
tireme ent
and stocks
Of N. z. P. ..o.uss-
TWELVE MONTHS ENDED JUNE 50
1880 1898
Gross orn-
salaries 3 ssS, ,ss2,ssSs4 s5ss7c, 2o2sT
tfremen
and stock
r. e. p. CO. 7sSO,1ss.72 74ss. OOs.4o
Interest ana
Ter de-
ductions OIL
N. e. p. Co. 752,736.51 s7s,o66.sS
Net for re-
ire m ent
and stocks
Co. .~.,... 71sT4os21 SSec.s414A
New Britain herald., 1930-03-20
BALFOUR PRAISED BY BRITISH PAPERS
Press ACClaiulS Leader Who Died Yesterday

London, March 20 P}-British morning papers of all political com- plexions today paid tribute to the memory of the Earl of Balfour, who died yesterday.
 He was praised for his intellectual distinction, his general ability, and his gracious personal charm. Tha press recalled various instances of kindness and consideration for others.
 In estimating his political career opinion differed. His three years as premier were regarded generally as a failure. Newspapers of his polit- ical opponents criticized several in eidents Of his political life and re- marked without reserve on what they regarded as his frequent failures.
 All made acknowledgement how ever to Balfour's share in the Wash ington arms conference and the inn perial conference of 1926. The Laborite Herald remarked: "No- body could dislike him who came within the circle of his acquaint- ance.'
New Britain herald., 1930-03-20
NEAR EAST RELIEF
 ID RENEW APPEAL
Catholic Organization to Enroll
 Members Next Month

The Catholic Near East Welfare association will make it's fourth an nual appeal for members and re- newal of members beginning the first week of April.
 The roll call in the diocese or | Hartford, will be conducted direct ly this year instead of>through local parishes as in former years This course has the approval of the di- rectorate of the association. lnclud- ing Cardinals Hayes, O'Connell aud Dougherty, it being considered that the organization is now firmly es- tablishcd as pontifical society with a national membership of one million American Catholics.
 Outlining the need for the con- tinued support of it's membership, Rev. Edmund A. Walsh, vice-pres- ident of Georgetown University and president of the association, de- clared that although conditions Tn the Near Eas: were not as critical az in the past-war period, perma- ncnt rehabilitation measurs are Eow necessary. Large colonies of refugees arc still living under hadequate shelter, without food, and dependent on outside help. said Dr. Walsh. Tn. problem Of caring for orphaned and homeless children will always be uppermost. he said, and additional burdens have now reverted to the Catholic Near East Wel4re assocl- ation. due to the liquidation of op- erations of other organizations.
 On his recent visit at the Vatican Dr. Walsh said, Pope Plus XI evinced great interest in the plans of the association and expressed his grati- tude for the continuing support ol this charity by American Catholics
 The Pontiff indicated a desire that the organization be more sta blc and efficient"
 The association is now embarked on a three fold program Of welfare and education. In Greece and Pal. estine 1t is supporting orphanages trade and vocational schools for boys, and free medical dispensarics It Is aiding in the rehabilitation ol refugees in Athens, Constantinople and particularly in Bulgaria, where the recent earthquake left thousands ot men and women without food or shelter. The third phase of it's work is in connection with the housing and educating of young Russian eX. patriates, scattered over Continenta Europe. This task begun at Lou, vain by tho late Cardinal Mercier has been taken up by the association as tribute to the Belgian prelatc'. memory, and extended to cities ir France and Germany.
 The national roll call will be col. | ducted from headquarters of the Catholic Near East Welfare associ ation, 4S0 Lexington avenue. New York city. Joseph r. Moore, genera secretary of the association, is di rector of the roll call.
New Britain herald., 1930-03-20

, that money some day. And then course,'' she added after a pause, 1T can do with it. My financial re- sources are very nearly ex- kausted."
 Ut is all at your disposal to draw upon whenever you wish" said Mir. Rustum. And now, as . you are very young and I am an old man, will you mind if l give you a little advice?"
 T shall be very grateful" replied Jacqueline denurely.
 "Of course,' continued Mr. Rus tum, T can see that you are a sensible and steady young lady, but a friendly word of advice might oe helpful.
 First of all," continued MT. Rus tun, be very careful that you are not robbed or swndled. Invest it in some government security. l will be, pleased to advise you when ycu need advice. Then you will get a comfortable little sum as in- terest every year"
 How much would I get every year, MT. Rustum?"
 About 25 pounds. That is nearly 10 shillings a week, you know. A comfortable little addition to your earnings. Now all you have to do is to sign few papers here. Then you will go 10 the bank on the other side of the street with this letter 1 to the manager, who l have spoken to.
 T have already opened an ac. count in your name, and the amount oi 550 pounds is standing there to your credit. Goodbye, my dear young lady. and hope this will De only the beginning of good fortune for you"
 Thank you very much, Mir. Rus tum. Have you got a looking glass here?'
 I'm afraid we haven't such a thing said the solicitor. | lilillh IlS uOSe IS 1eU, Sdlu Jacqueline with q troubled expres. sion. ''Is it?"
 'It-er--it may be just little red; but it is-er--" He paused.
 I'm sure it's like pillar box. said Jacqueline, and busted herself with her little powder box and pad
 When she reached the street having said goodbye to Mir. Rus. tum, she walked across the road way in a dream, and had the mar rowest possible escape from being run down by a taxi.
 She reached the opposite pave ment panting and frightened. Tho cabman had scowled at her, an. Jacquelinc, unaccustomed to sucf ] treatment, was annoyed.
 Anyone would think I had trie to run him 'ovcr," she said indig. nantly.
 1 (Copyright, 1o50, Richard Starr)
 What difference money makes It's magic aura envelopes Jacqueli7s tomorrow.
New Britain herald., 1930-03-20
MIR. BROOkER'S QUEST

Seven days later, still looking for 2 new job, Jacquelinc saw some thing in the personal column of a morning paper which sest her hca"t irto her mouth.
 If Miss Jacqueline Grey, late cf Byram's Emporium, will commuuj- cate immediately with Messrs. Rus fum and Coles, Solicitors. Lincoln's Inn Fields, she will hear something to her advantagf."
 "Whoop." cried Jacquelnc. Then She went very white and cluns feeb'v to the reading stand in the public library.
 She shut her eyes. Then slc opened them and looked again. I'll , advertisement had not disappeared.
 'Of course, it isn't true" she said tc herself. Its silly. Things lI ? that don't happen, only in books and on the Screcn-mostly on tue screen"
 She had seven shilings and siX- pence left. Recklessly she took d taxi to Lincoln's Inn Fields, and paid the driver siXpcrcc moro than he asked for.
 Mr. Rustum was middlc-agcd man, with white hair and a kind though precise manner.
 You arc Miss Jacquclne Grcy?" he asked.
 Yes whispered Jacqucln3 Tlitcr than ever.
 There's a matter of 500 pounds waiting for you-bequeathed 10 you under the will of 2 friend"
 "Quck.' whispered Jacqueline.
 What's the mattcr?"
 show me somewhere where l Can sit down and faint"
 The surprising thing was that Jacqueline very nearly did faint.
 Mr. Rustum. extremely cmbar- rasscd, lowered her rather awk- wardly into an enormous leather chair. The solicitor rang bells violently. Clerks rushed about for water and glasses. Presently Jag queline became aware that q glass
New Britain herald., 1930-03-20
The bewildcred lawyer pressed glass Jacqucncs lips

1 "Oh, yes.' said Jacquelinc. "Bnr I'm afraid it's all mistake, Mr. Rustum. You see, I haven't any i friends
 T should think you might yer: easily have q good many, Miss Grey" said Mr. Rustum.
 Its very kind of you to speak SC. nicely about me, Mr. Rustunl. What is the name of the kind li,dy?"
 His name ;s Mir. James Booker. . murmurcd Mr. Rustum. I'm ever 50 sorry, Mr. Pustum, . she said shaking her head; but I'm the wrong girl. It must be some other Miss Grey. You sec, l have never heard of Mir. James Booker.
 If you are the Miss Jacqueline Grey, until recently employed at Eyram's Emporium" said MT. Rus tum gently, then you are the lady who is to benefit under my clients will. Our client, I have just dis covered. was d licensed hawkcr living in Poplar
 "Oh.' cricl Jacquclne. "It is 1 old Dobbin Is Old Dobbin dead ?"
 He was taken ill q little over d week ago." said the solicitor, "an l was taken home in q cab, We learned. He died that very night; but the will was made several months ago.
 To the solicitors amazement the girls eyes, were suddenly swim ming with tears. She turned her head away and dabbcd fiercely et her eyes with d scrcwcd-up pocket handkerchief.
 Its shame" Jacqucline said. d'ying her fears. T expect poor old Dobbn had looked forward for years to having q great old time on
New Britain herald., 1930-03-20

New York rate to sis per cent. Ru- mors were widespread yesterday that the Bank of England. feeling that its { per cent rate was out cf line with open market conditions, would announce reduction today.
 The discount rates of all Euro pean banks have dropped rapi1ly since last December, partly as q ra- suit of the flow of gold towards foreign capitals.
New Britain herald., 1930-03-20

mechanic, met Humphries in front of the First Congregational church in Everett Lovejoy accused his brother-in-l law with mistreating his mother and sister and soon verbal argument turned to physical. Police found the pair rolling about the church steps pummellins each other as crowd cheered the combat. Po- lice said Levejoy easily had the bet
 ter of, it, and when they were ar-
 raigned in Maiden district court a few minutes later the judge was of the same opinion. An assault charge
New Britain herald., 1930-03-20
SON STARTS ROW
 OVER HIS MOTHER
Fight Ends When Police Find
 Men Rolling in Gutter

Maiden, Mass, March % (91 - Russell Lovejoy, o7. came out of the west yesterday to do battle for his family. The young mans mother is in a hospital suffering from frac- tured ribs and hip, and Robert w. Humphries, 55. her son-in-law, is at liberty in s10,000 bail pending trial on a charge of assaulting his moth- er-in-faw with his automobile.
 Today Lovejoy, a Detroit airplane
New Britain herald., 1930-03-20
XA JACQUELINE 2 ! ek.O ON HER OWN Nk\

Synopsis: Of the sweet things of life that are the daily fare of the wealthy, Jacqueline Grey had only tasted. But she craved many grand nights as a lady and hoarded her savings as model at Byram's, one O. London's leading stablishments. lC seemed incredible to William Brown, a fellow worker, that she could refuse his proposal but she did. Those who gained her smiles felt enriched. One of these was Old Iobbin, q ped1ler. When she found him cold and Nretched, on the curb late at night she took him home, 10 Paradise Alley. A pickpoc!;2t stole her purse and she gets back 10 the Byram's dormitory after cur
New Britain herald., 1930-03-20
by RICHARD STARR

was being held to her lips.
 Drink this. CT. my child"
 Most elderly people called Jac- queline my child.
 'Ugh." she gasped after big gulp. What is it ?"
 Brandy and water" said Mir. Rustum. "It will do you good"
 T think it's awful" she said. But ., but about this money. You said something about 500 pounds Or was I dreaming?'
 Its quite right" returned Mc. Rustum cncouragingly. There is matter of 500 pounds-a little more to be exact.
 This money has been left to yoI under the will of a friend of yours"
New Britain herald., 1930-03-20

against Humphries was dismissed and Lovejoy vas placed on probation until June 25. But Lovejoy's ardor was undampened and the court de- cided to hold him in the court room until Humphries had been given good start out of the neighborhood.
 Humphries will be arratsned Mon- day charged with assaulttng his mother-in-iaw by hitting her with his automobile.
New Britain herald., 1930-03-20
but c cash Store does not gipe credit!

The selling prices at a cash store are based on cash sales only. The merchandise sold is high grade, standard, nationally known and guaranteed to give satisfactory service.
 The family of modest means that must buy carefully-that should buy clothes that look good-and wear well-ought to be customers of a cash store.
 They get better value, better merchandise and the price they pay is fair and honest.
New Britain herald., 1930-03-20
Bank of England Rates
 Drop One-Half Per Cent

London. March 20 (UP)-The Bank of England reduced its dis count rate today froIn four per cent to Sls per cent.
 Reduction of the bank rate follow cd action by the Federal Reserve | bank, q few days ago, reducing tut
New Britain herald., 1930-03-20

few. A policeman proved his friend ship and gets her by the house. keeper agreeing also to put five pounds for her on Prinkipo, a 100-1 The next day she refuses keswick Iell, her "boss" at Byram's, and is discharged. Priakipo comes in last. shot in the Warwickshire handicap.
New Britain herald., 1930-03-20
UTILIZE SEIZED STILLS

Washington, March 20 (UP)-
 Uncle Sam has found new use for stills seized from bootleggers. Pro-
 hibition Commissioner Doran sends
 the copper taken from the stills to
New Britain herald., 1930-03-20
The Rates Are Very Low

When you will speak with anyone, just give the number to the local oper- ator. This IS q station to-station' call and takes the lowest rate. Reduced evening and night rates are in effect on this class of call when the day rate IS 40 cents or more.
New Britain herald., 1930-03-20

Walter Reed hospital here where
 soldiers and ex-servicemen fashion it into vases, book-ends and other souvenirs.
New Britain herald., 1930-03-20

Herald Classified Ads stand ever ready to serve you.
The Carbon County news. [volume] (Red Lodge, Mont.) 1924-1931, 1930-01-09

windshield; new instrument panel;
new and richer upholsteries.
These improvements evidence
themselves in the car proper. Strik-
ing colors add beauty, dignity and
smartness to the body lines. To those
discriminating buyers who desire a
car in the low-priced field-a car
which embraces everything that is
modern, yet powerful and fast-the
new Chevrolet is proclaimed by its
designers and builders as being the
embodiment of all these attributes.
The combined creative talents Of
Chevrolet and Fisher designers, in Of
fering these eight beautiful new mod
els, have been put to full play.
The interior of hte car is particul-
arly striking. Upholsteries are rich
err and more durable. Seats are wider
and deeper, with more luxurious
cushions. The new non-glare wind
shield makes driving safer and more
pleasant. The new airplane instru-
ment panel carries convenient
grouping of driving controls-and the
distinctive new color combinations
grace every model.
Chevrolet engineers point out that
the four Delco-Lovejoy hydraulic
shock absorbers on all models elm
mate road shocks and greatly in
crease comfort.
They also declare that the improved
,50-horsepower six-cylinder motor
gives smoother, quieter operation
with increased power.
In traffic the new automobile &C
federation pump provides the flashing
pickup which is to be desired 81
much. And fully-encolsed, interna
expanding weather-proof brakes as
sure positive brake action at al
times.
New, larger, full-balloon tires wit
smaller wheels improve roadabilits
comfort and appearance.
For night driving the two-bear
headlamps controlled by foot but
ton permit courtesy, without dimmin
the lights.
And Of course all closed model
have the distinct Chevrolet feature
the adjustable drivers seat.