davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1930-10-22
By LEWIS HANEY
Di,sc:es Neg Yosl; , UstSsssisy Bs.sas

Director Neso Fork UStversitv BsreGu e1
BustHess ReseGych and Former EcoaO-
mist OfNRedsraI Trade COnsHtsst0s.
The thing I like best about the
present business situation is that
business and political leaders are
at last getting down to facts. Most
people are settling down to the job
Of pulling through the depression
as efficiently and quickly as pos
sible.
Until recently there has been
too much unwillingneSS to face
the facts and too much false hope.
In order to remedy q bad situation
it is necessary to recognize the
true condition, study It's causes,
and adopt logical methods to cor
rect the trouble. This is what we
are now doing. Therefore. I am
hopeful that improvement win
soon begin. f
We have quit saying things are
all right. We no longer hear
much Of the thoroughly illogical
idea that the decline In stocks
caused the whole business reces-
sion. The optimistS have had to
give UP announcing each month
that q pickup has begun, and that
q Washington conference win ct
once start q new boom.
Now Facing Real Facts
We are no longer afraid to dis
cuss unemployment and the diff
ficulties Of the approaching win
ter. We are facing the facts
openly and courageouSly-no
more hypocrisy and bunk.
As one Washington service puts
1t, "the public mind has been pre-
pared for q period Of slow and
somewhat tedious recuperation.
Public sentiment Is more resigned
and consequently healthier than
1t was two weeks ago. Authori-
ties tell us they recognize this and
feel freer to adopt policies which
The Washington times., 1930-10-22
BY LESLIE GOULD

Roger w. BabSon Is recon-.
mending stocks again.
This new list has about three
times as many stocks as were
recommended by Mr.. BabSon IN
the latter part Of August.
Since the first list was I'D.
vanced the stock market has ex'
perienced o pretty severe shaking
down. The average price for so
industrial stocks closed August at
$24O.42. The average price &C last
nights closing was 1882, O
drop Of $47.lO since the last Of
August.
Here's the new list, with tcday'S
opening price and current divi-
dend yield:
The Washington times., 1930-10-22

Electric Power and Light, Gen.
eral Foods, du Pont, General
Electric, u. g. Steel and Utilities
Power and Light "a" all con-
tanned in the first Babson list, are
conspicuous by their absence In
this one.
, No Steel Stocks
There are no merchandising
stocks, like Woolworth. Best,
Macy and no food stocks, with
the exception Of National Dairy.
and no steel. motor or amusement
issues In this new list.
Also such stocks as American
Can, American Chicle, American
Telephonee, Westinghouse. Ameri-
can Tobacco, Borden, Chesapeake
and Ohio, du Pont, General MO
tors, international Nickel, Sears
Roebuck, Paramount, Loew'S, Fox
and William Wrigley.
Utilities predominate in this
list, the same as the old one. The
oils this time rank second nu'
The chief objection to this list
is the preponderance Of the
utility and oil stocks and the
large number that are yielding
per cent and less.
Many Speculative
The list Is recommended under
the Babson rating Of Part 8
which is stocks recommend ID foI
purchase for long pull holding
Many Of these stocks are purely
speculative. For example, there
Is American Brake. Shoe. Ana
The Washington times., 1930-10-22
NeuU Babson List Stirs Up
Traders Interest

conda, CurtiSs Wright "a" Cen
eral Outdoor Advertising, Texas
Pacific Land Trust, United Corpo-
ration and Phillips Petroleum.
While United Corporation and
Pacific Land Trust have long pull
possibilities, particularly United,
neither can be classed as high
class investments because Of their
poor dividend return. United only
yields 2 per cent. Texas Pacific
nothing.
Mr.. BabSon'S utility selections,
though, contain practically all Of
the Blue Ribboners" in this
group and, except for one or two,
his oils are the strongest COM
panieS.
Eaflieer List
Here's Babson'S earlier list with
the approximate price at the time
recommendations were made and
opening price today:
The Washington times., 1930-10-22
PRODUCE SHIPMENTS

Car-lot shipments reported for the
entirs United States for Monday
October 90:
AppIes-MaryIand, II: New York, les
Oregon. ~: Pennsylvania, "a; Virginia
10l: Washington, 557. Others ssl
Total 1889.
Cabbage-Colorado. IL: New York, 81
Virginia: 81 Wisconsin. 81. Others ls
Giapes-California. 1.oSS; Michigan
2; New York. 2S; Pennsylvania,
Total l,I35.
New York. "a: Ohio, 80; Iowa, 10
Others 80. Total lSs.
Potatees-Idaho. iSO: Maine, 224
LVng Island. 81: NsW YOrk. "a; Wash.
'iasteA. 50. oRsrs an. fetal SSS.
The Washington times., 1930-10-22
Lord e Taylor Pays
SIS Extra Dividend

Lord q Taylor directors today
declared an extra dividend Of S.
q share on the common stock,
payable December 10 to holders
Of record November II. In two
previous years similar extras
were paid.
The Washington times., 1930-10-22

regular rate. bPayable stock dPayable when
ePayable in cash stock. fPus I0s6 stock sPIus
e% in stock. hPIus az in stock. iPus 81 in stock.
kPus ~ mplus G2-3Fb stock. nPlus ~
in stock csubject approval OF stockholderS qPlus
extras xUnit less than shares.
The Washington times., 1930-10-22
NEWS
In Todays
CLASSIFIED ADS

wANTED-GrOceFy or delicatessen
with living rooms as exchange for
modern 16-rOom house; will pay
cash difference.
BOARD AND ROOM--Ann0uneiug
the opening Of q flrst-cIass boarding
house located In the 5000 block Of
KelORama Road. Tuesday, October
2l; delivers hOme-coOked meals.
LADIES' RIGGS, TURKISH BATHS
Reducing . speciality; open eve-
nlnes and Sunday.
AUTOMOBILE FOR SALE-Chevro-
let Coach, 1871; new paint job; all
new rubber, fully reconditioaeas
FURNISHED OR UNFURNISHED
APARTMENT FOR RENT The
In Sale: hvlng-rOOm, tive bed.
rooms. bath and kitchen.
wANTED-Baby to care for In
country home. q
TAess ars "sf6eff0Afs" Oa aoms Of @aa,
nfeyeseflg adUeyfissgaeats ROam eeln fsa4
'saaTs ftmes GR9 Roai9 c1Asffio9 ~.
The Washington times., 1930-10-22
Crude Oil Output
Up 6,9O4 BbLs. DUiLu

The daily average production
Of crude oil in the United States
in the week ended October 10
totaled 2,36S,561 barrels, an in
crease Of 6,904, according to Oil
and Gas Journal.
Stocks Of crude oil and it's
products on the Pacific Coast de.
clined 7S9, 1888 barrels in Septem.
Der, according to the American
Petroleum Institute. This COM
pares with a decrease Of 1,032, 165
barrels in August and an increase
Of 4,659, ,722 barrels in September
last year.. At the end Of the last
month total stocks on the Pacific
Coast were 180, ,433, $50 barrels,
compared with 181, ,223, 100 on
September 80, 1929.
The Washington times., 1930-10-22
New York Bond Market

FURNISHED by W. B. Hibbs q Col
Government ROnda
The Washington times., 1930-10-22
BALTIMORE SECURITIES

Sales STOCKS lCloselCh.ge
110lArundel Corporation. 80 .....
4StBlack & Decker. ...... 17M .....
7lC P Telephone pf. lis .....
301lCons G. E. L. & Power 90 II
5lCons GEL & So pf. los .....
45lEastern Rolling Mill. 81 10 ....:
36lFidelity & Deposit. -. l153 fzh
1O0IFidelity & Guar Fire. 80 =
1OlMan Finance LIST pf. =. 14Bl.....
S2lMan Finance End pf.. II .....
15lMaryland Casualty .... 3S III
s00tPa Water ~ Power. SO .....
1O0lU. s. Fidelity & Guar. 35Al-s 4
5lWest Nd Dairy pr pf..l So I.o...
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1930-03-19
Gales

Township day was observed in the
Gales town hall Friday, March IA, of
Districts 80, SO, 40 and 81. Results
of contest are as follows: Oral SPELL
ing, Lucille Larson, Dist. 40, first;
Henry Zwach, Dist. 40, second; and
Sylvia Arndt, Dist. 35, third. Writ
ten spelling: Elwood Dahlgren, Dist.
62 and Leonard Grunden, Dist. 40,
tied for first place; Astor johnson,
Dist 50, second; Isabelle Michigan,
Dist. 35 and Genevive Veit, Dist. SO,
tied for third place. Seventh and
eighth grade arithmetic; Leona Glib,
Dist. SO, first place; Lois Truesdson,
Dist. 81, second; Arlene Beebout,
Dist. SO and Aston Johnson, Dist. 80,
tied for third place. Fourth, Fifth,
and Sixth group arithmetic: Viola
Arndt, Dist. 35, first place; Pearl
Trepanier, Dist. SO and Isabelle Glib,
Dist. 38, tied for second place and
Robert Zwack, Dist. 40 and Robert
Bruych, Dist. 81, tied for third place.
Oral Reading: Robert Mcfarland,
Dist. 62, first place; Genevieve Wet,
Dist. 38, second place; and Olive Mel
son, Dist. 35, third place. A fine pro-
gram was given by the pupils Of the
four districts in the forenoon and a
fine dinner was served at noon.
Mrs. Mike Christianson came home
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1930-03-19

Thursday evening from Humboldt,
Iowa, where she spent a few days
with her father.
Paul Grunden and John Sabin at
tended creamery meeting in Wal
nuU Grove Friday afternoon.
A telephone meeting was held
Thursday evening at the Frank Bee
bout home.
Mr.. and Mrs. Frank Reynolds cele-
brated their 38th wedding annivers-
airy last Thursday at the Phil Rey-
nolds home. Their children and
families and few friends came with
well filled baskets and surprised
them. A delicious dinner was served
and an enjoyable afternoon spent.
Mrs. Reynolds returned home Thurs
day evening to the Anderson home
where she is carrying for Mrs. An
derson.
Mrs. Joe. Zwach and son, Harry,
and Mr.. and Mrs. Will Fischer and
baby spent the weekend a week ago
at the Joe. Schleogel home at New
Ulm.
Spencer Flesner was i'll last week
with the measles.
Mr.. and Mrs. Howard Sweeley
were callers Friday afternoon at the
Phil Reynolds home.
Mrs. Edward Schafer was a caller
Thursday afternoon at the Van Dor
stem home.
Mr.. and Mrs. Joe Lord were visit
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1930-03-19

Mr.. ana mrs. George Helm of Red
wood Falls are the proud parents of
a baby boy born at the Granite hos
pital Wednesday morniL,s Granite
Falls News.
Mrs. Will Wheaton of Redwood
Falls visited her friends, Mrs. Lam
fers last week. She was on a return
trip from a visit in Iowa.-Windom
Reporter.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1930-03-19

ors week ago Sunday at the Ed.
Michigan home.
Joe. Zwach came home Saturday
from the Cities wherere he had at
tended a Land O'Lakes creamery
meeting.
A large number Of relatives and
friends gathered Sunday evening at
the Frank Flesner home in honor Of
his birthday.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1930-03-19

The following people from Red
wood Falls attended the District
meeting at Lamberton last Monday
evening. Mr. and Mrs. Oscar Joneson,
Miss Geraldine Sparks. Mr.. and Mrs.
Frank Young and Opal, Francis and
Burgess; Mrs. Frank Welch, Mr.. and
Mrs. A. G. Hagberg and Gordon, Hell
en-, Clayton and Mrs. Hagbery, Sr..
Mr.. and Mrs. Geo. Huhnerkoch and
Bernice. Evelyn Barnes. Mr. and Mrs
Walter Wolverton, Dallas Brown and
Roy Britton.
New Britain herald., 1930-05-06
\ TRYING PERIOD

Dr. Louis j. Dumont health superintendent. has come forward with d passionate plea that citizens proceed to clean up their premises and remove the germs and the refuse 10 the places sphere they belong. The sUper]ntandent's statement naturally stimulated all citizens to thought, and perhaps some of them were stimuated tcvard action, in spite Of inc hard aort that usually accom- panjos the cleaning up process.
 There is the domestic period Of upset kao~l as spring house cleaning" for instance. In I good many homes jt required no impas- stoned piva by the health superin- tendant 10 start this annual turore, Many citizens who helped their wives in one way or another during this trying ordeal, stll suffer from sore muscles. How these are 10 work Up enthusiasm al this time for aq, qitional hard work about the prem ises IS something for the health authorities 10 find out. Being human ] the average man in all probability will attempt 10 dodge his duties aS much as possible; although that l; not always possible if he happens tc ! be married to an alert citizeness who read the uperintendent's statemen . in the paper. It is a distressing sit uation all around.
 The advent Of spring is supposed to be q happy period; but it won be 100 per cent happy for many 0 our most musclc-sore citizens untl all the ho1secleaning and the othe
 types Of domestic cleaning are at al end. Then he may get some time il
 which to tinker with the automobile
 which usually comes under tn
 heading of eporf, not work,
New Britain herald., 1930-05-06

it's double tracks down Black Rock avenue. The company intends to sub stitute a Is minute service for a 20 minute service.
 The state conference of German Lutheran clergymen was held in St. Matthew's German Lutheran church today. The program was given up to q discussion of parish work. When the bell rang for the fire at noon yesterday, the driver was at dinner Outsiders hitched up the horses and had the apparatus ready for the driver when he arrived. The need of a permanent man in the en- zine house during noon is very ap- parent.
 Principal Marcus White of the State Normal school received word from Governor Roberts today stating that he will come to this city to pre- sent diplomas to the graduation class in June.
 The Wentworth club will hold a banquet at the Hotel Heublein in Hartford on May 2s The trip will be made in a special car.
 A number of high school boys took 1t in their heads to go 10 the Ahbe house fire yesterday as a rescuing party. It is understood that some y3lorous work was done.
New Britain herald., 1930-05-06
NAV L.COMpETIIION

Naval developments in Europe since the London Naval Conference ended are at least thought provoE- ing. Italy. due to engage in parleys with France as one Of the results Of the London Conference, evidently has begun by alarming France,
 Possessing only half as many sub marines as France. Nuseolini has announced that - undersaa craft are to be put O. the stocks this year. this eejdently oesng d move 10 bring tha Italian subnarne fleet 4pon parity with that of France before the discussions take place
 The total Italian tonnage for the year is 10 he 43.ooo. exactly duplicat- ing the French tonnage. Here ar. two nations which in all probabIfy have begun an armament race, even though they are pledged 10 adopt parity
 Opposed to this naval race is the news from Germany where the Ia nous pocket cruiser the "Ersatz Preusaen, will not be buht for lack Of funds. According 10 the Versailles treaty, Germany is privileged tc possess five cruisers Of 10000 tons There is not enough money on hanc 10 construct even one; which is jus as well.
New Britain herald., 1930-05-06
Observations On The Weather

Washington, May Forecast for Southern New England: Partly cloudy tonight and Wednesday; slightly cooler tonight; moderate shifting winds becoming west and northwest.
 Forecast for Eastern New York: Fair tonight; Wednesday increasing cIoudiness, probably followed by showers and thunder storms in west and north portions; continued warm ; moderate 10 fresh west. backing to southwest or south winds
 Forecast for New Haven and vicinity: Local showers tonight or Wednesday.
 Conditions; High pressure per sists over the South Atlantic states. A trough Of tow pressure extends soutfwestward from the Gulf of St. Lawrence to Texas and thence northWestward to the Canadian north westA i Thunder showers were reported 1 from the Ohio valley and the Lake egion. Temperatures are high along the Atlantic coast. Conditions favor for this vicinity fair weather with high temperaturt | followed by local showers anG cooler
New Britain herald., 1930-05-06

man planes.
 MT. Harris reported that when he returned to earth his flying speed was only 5 miles an hour. A plane that can stay aloft at such com paratively slow speed must be con- ceded to be quite an achievement. Furthermore, the speed at theatake off was not much faster, being only 59 miles an hour, the plane takin9 the air after travelling only 150 feet. All this. if 1t can be consistently duplicated, means progress in the control of flying apparatus.
 But such a small plane is for one person only, and it has only one small motor, In q day when tri- motored planes are common as an incentive toward safety the return 10 one uotor ln plane designed for popular consumption Will al least require much successful experImen- .atton or preliminary use to prove to air enthusiasts that 1t is 3 req sonably practical and safe conlrN- .nrG
New Britain herald., 1930-05-06
TIRE ARREST OF G4NDHI

The arrest Of Manatma Gaadnl leader of the civil dlsobea5eoca cam- paign in India. vas long delayed. The British, it appears did not relish making The arrest "1auI driven 10 it."
 Even now there arc observers who believe the arrest. by tending to make martyr out of the leader will do more damage than otheraIsc To permit continued defiance Of the Government, however, would have been courting an ultimate problem that would have placed the British Government under a considerable handicap in view Of the teemjng population Of the colony
 Gandhi was not moIcstod so long as it seemed that his campaign would not bear much fruit, but the moment 1t began 10 look as if too many Of the population were dis. posed to follow his advice spirited action was taken.
 The riots in various parts of India. however, have not been in conform ity with the nonresistance tenets O Gandhi. This leader strives for dis obedience. nonintercourse and d vlr. tual boycott of the British. Riots where they have occurred in India
New Britain herald., 1930-05-06
rHE. BABY PLAhl |.

One need not be an ''aViatlon fan
 to be moro than mildly interested ir the report from pawtuchct. l.. l., that Douglas II. Harris, 28-yqar- old aviation adapter from WaVery' Iowa. made q successful experiment. af flight in q "baby plane' weighing only 251 pounds and which he says can be produced to cost no more than some low-priced automobiles,
 f aviation is 10 be popularized, a desfderatum that numerous aviation enthusiasas have been ferTently hop ing for, q small plane At q low price ! is most apt 10 do it. That is the sys- tenn which put automobiles upon every highway and it in all proba- bility will be the method that ulti- mately will fill the skies with one
New Britain herald., 1930-05-06
THE HOME BREW DECISION

Of "drH' uoa~- decisions rHera has been no pa4cHy ssnce the noble experiment started. The supreme Court. for instance. has been dry in it's decisions from tA5 beginning. Ia the early days of the prohibition law the act vas found constitutional and Nolstead5snl vas enthroao3 AS a legal expression of governmental e4o~t- The drys have been constscan. vjn- ners in &as courts. aFa- to ,he moment thIs neea waa1 home brew supplies were held 10 he illegal when offered for sale" n such q way as to rurposely attract purchasers who wanted sacm for 4nla@lu man4- facture
 The pract.cal eE5ct D. ea4s deet- sion is in doubt Naturally cae Gov ernment's enforcement agents s4- gard the decision as a triumph cor the cause Of enforcement; those no. identified with tho enforcement 1n- dustry, being merely oa.2oAers do not necessarily share such views.
 The latter remember that the Jones fra-and-ten law 7as h#jie4 similarly al the time of .-5 ana-t- ment. The law does not appear t2 have made much difference.
 The Supreme Court decision docs not make ii illegal 10 sell bot-les corhs, cartons. etc., for general purposes, Stores with compl.t- stocks. applicable for all p4rpo-es may still sell some types o6 such equipment far more frequently thar other types not usaJje in hon. brew enterprises. The la~ cannot 1e anything about hat unless it + amended 10 force the presentation c an affidavit by purchasers as 10 wha' the goods are wanted for
New Britain herald., 1930-05-06
ECONOMISTS AND THE rARur

Ene round robin opposing the pro- posed F5~}ey- -Smoot tariff, signed oy ra@S recognized economists and university professors. cannot he set aSsde as il collegiate excrcscence un- worthy e serious consideration by the Admaojs1ratio or rhe American public. Among inc stgners were Ifv- ing Ftshar os Yale. Prank W Taus- stg Of H4r.a7a. Frank \. Fetter Of Frneacoa. Was.4y (. Mitchell O. CoIsmbta W5leord I k,ng of New York University. J. Laurence Laugh lin Of Chicago. Nj. B. Hammond of Ohio s,a-a, and + 5. Person, man. a=ains director Of the Taylor so- c.c'y.
 The h5gaar llsH Of duties. these economgs,s say. will merely have the tandency 10 raise the cost Of living, wu ir5ura rather than telp most Americans. will damaga oHport trade, and am6trts~ international relations.
 Ntre,y-sIz per cent of the goods consumed in America are made in the tinted States. Four per cent are imported. Our e>- ports hata been increasing year}y and foreign nations paying for our e@ports believe they are en- ttied 10 soil us some goods i'll re- ,ara: # this is made impossible then ,hc~a a~4uesuouably will bo less to export. These technical considera- to0~ do not weigh 5oaslly with tariff 5erafci4rles. however,
 What the ccoaom5sts also point out indirectly IS that one Of the chiet reasons for tariff increases is not So much protection against foreign goods p4r SC. tut to make possible . higher prtcas for American goods 1T tAa United States, And even this does not work 10 perfection, the higher costs frequently resulting il 4urtaued consumption.
 We fear that the economists. dis tiuguished as they are. will recei.' little consideration in Washington.
New Britain herald., 1930-05-06
WHITE COLLAR TROUBLES

When ditch diggers and sundry Of 1he lonly employed suffer from un- employment it is regarded as unfor- tunare by many a Government off, ciat. efforts are made 10 alleviate the situauon-largely through the em- pIoyment of honeyed words-and that is the end ot 1t.
 But when sundry s5o.o0o 3 year executives lost their jobs in the mod eru machine and merger maclstrom the circumstance gains special com ment by no Jess parsonage than Secretary Of Commerce Lamont
 T. is shame indeed, according 10 inc Secretary, that recent mergeritis history has thrown large number Of once highly paid executives into the ranks of the unemployed and something must he done about It. We cannot afford to see s5o.ooo year men go to waste. he ayers. True enough, it is a serious mat tar. one not sufficiently publcizet recently. t is reasonable to suppose, however that mergers have one i'm portant object in materializing-th5 elimination Of just the type of posi- tions that are mentioned by the Secretary,
 Two concerns, each with threc $5o.to0 executives, wtlI merge, anl the merged corporation will need nc more than three such executive. where the two concerns formerly re, quirad SIX,
 ! The same thing holds good in rail road consultations. Being q railroa1 executive is a pretty lucrative joo but f all the railroads arc consoIi dated into various trunk line systems the outlook is for fewer executives with lesser paid "oranch managers taking their places.
 l. is q GisLolnted time all around and unfortunately MT. Lamont, al though he painted q gloomy pictur' about the out-of-ioD executives, ap rarentlv made no unerrins suggcs lion as 10 nov the situation is 10 b. Er+tcrat
New Britain herald., 1930-05-06

have been uniformly suppressed al- though there has been loss Of life in the procedure; but nonlntercourse and widesprcad boycott are fac more effective weapons than yio- lenco.
 IL now remains to he seen whether India calms down or whether the fire Of this unique revolt continues. The revolt" may be slow ]n dying down l0 the cities and towns; but it can be assumed quite generally that throughout teemjng India the vast maJorj,y Of tha population is not greatly Interested. f the 3Q4ooo.- 100 were vita}ly concerned in the Gaadh. saFoc British ofticiaIdom would scarcely have a chance