davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-21

Randolph Macon ......... o. o
Substitutes: washington and Lee-Day,
Wilson, Bacon (endsl Tallyn, Wooford
Long, Toksmeire Itackles) Harris. Pride,
Schuchart, Martin (ouarterbacks); Smith,
Mellon ChalfbackSl; BerRuyone (fullbackl.
Randolph Macon-Stone, Carter tendsl;
Hammock, Roundtree Oackles) Fielding
guard; Blanton (centerD; Ames Quarter
back; Jones, MONTGOMERY thalfbacks)
Referee--Mr CarrinEton (Virginia. UNI
pire-Mr. Spruhan (Roanoke). Head lines
man--Mr. Fetzer (Davidson). Time of quar-
ters-i5 minutes
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-21

- ESPITE the loss of seven sea-
soned performers from last
i years crack machine; despite
the nessin1isrn Of some Dewitt
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-21

THEY get started this week, thos
schoolboy foot ball teams of thc
District group. And what (;
Il snappy opening program 1t will b.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-21
Line Up and Summary.


NAElhAh - 80
Scoring: Touchdowns-Bryant az, Thomas
Sppley, Beury, Gravatt Extra point
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-28
Baltimore Markets

BALTIMORE. Md. October 2s.-Po-
tatoes, white, 100 pounds, 1.50a2 90:
yams, barrel, 2.50a3.00: beans, hamper,
1.50a2 rs; beets, 100, 2.00a4 90; cabbage,
ton, 1800a20.00: carrots, 100, 2.00a4.00;
cauliflower. crate, 100a2.00; celery,
crate, l.25a1.75; eggplant, crate, 2.50a
800; LETTUCE, crate, 50al 90; lima beans,
hamper, 1.00a1.50; peppers, hamper,
25a50: spinach, barrel, 75aS5; toma-
toes, hamper, T5al.50; turnips, bushel,
LOO: apples, bushels, 65a1.75: canta-
loupes, crate. 1.50a2.25; damsons,
bushel, 1.75a200: grapes, basket, 18a20:
pears, bushel, 1.00a1.75; ounces, bushel.
Dairy Market.
Poultry, alive Chickens, springers,
pound, plaza; Leghorns, 15a20; old
hens, 17a24; Leghorns. 13a16; boosters,
l3a15: ducks, 13a18; guinea fowls, each,
30a65; pigeons, pair, 20.
Eggs-Receipts, ITO cases: nearby.
firsts. 3Sa40; hennery, white, firsts.
45a48: Southern, firsts, Sass; current
receipts. Sass.
Butter-Good to fancy creamery,
pound, 36a42; ladies. 28aS0: rolls, 27a28:
process, 32a34; store packed, 20.
Live Stock Market.
Cattle Receipts. 100 head; light sup
ply; market steady.
steers. chcina 70 prsmes pcne; good
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-28
Brokers' Comment

NEW YORK, October 2s-Further
extension Of what is called a technical
rally Is seen in brokerage circles today.
Comments include:
Jackson Bros, Boesel g. Co.-Odd-
lot absorption of high-grade common
stocks constitutes one of the main rea-
sons for underlying strength In the
stock market.
Hornblower & Weeks-Talk of an
extra dividend in steel Is
probably the forerunner of other optim-
istic rumors which may also discuss the
possibility of banking pools and trapped
short positions.
NJ j. Meehan & Co-TechnicalIy
the market is, in all likelihood, stronger
than 1t was a while back. There has
been comparatively little recovery from
the low levels, considering the extent Of
the decline.
Winthrop, Mitchell & Condolences
of firmer trend in commodities, distinct
dustry and better buying Of foodstuffs
and staples-these developments are ell
helping to revive optimism.
Redmond g. Co.-The rally, which
appears to pe based largely on TECH
nical considerations, probably viii carry
further, but we would not be inclined
to follow UP the advance from this level.
except possibly for quick trading turn.
Otis q Co.-While we believe that
the changes are In favor of further
technical recovery, we are perfectly will
ing to walt for definite confirmation Of
this opinion to be supplied by the aeE
ton o. tie market ITSELF
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-28
URGES FREE MOVES
IN OIL INDUSTRY
CMtaiIment Schemes Scored
by Dr.. Haney as Hurting
Present Situation.
Special Dispatch to The star.

opeClal DlSphtCn 10 Inc StdT,
NEW YORK, October 2S.-The oil in
dustry will be benefited more quickly
and more surely by permitting the eco
nomic law Of supply and demand TO
have immediate and unmolested full
swing. than by the operation Of any
curtailment or proration schemes that
seem to have been paramount in the
minds of oil producers for the last year
or two. according to DR.. Lewis Haney,
director of New York University bureau
OF business research and former econo-
mist of the Federal Trade Commission.
"Proration merely prolongs uncer-
tainty, depression and inadequate prof.
It's" said DR.. Haney. The only way
to shut down production effectively and
legally Is to let market price fall ac-
cording to the law of supply and de-
mand. Low prices make 1t Improbable
to drill more wells, for they remove the
incentive to produce.
Earnings in the industry are low
because the price Of the chief product,
gasoline, is low. Now comes a cut in
the price Of the crude oil in the Texas
Panhandle.
Yet it is now more reasonable to
hope for ultimate improvement in the
oil industry than it has been In q long
while. Slowly but surely the industry Is
being driven to realization that 1t
lLluot LCSOAI W I6ulGQlSS
for over-production. The idea that 1t
can keep prices up and at the same
time hold production down Is passing.
The 'proration' policy is being de.
bunked.
For a long while. oil leaders have
been struggling to enforce agreements
among producers, according to which
the output of pool is restricted and
each producer is limited to a certain
percentage of the total This is pro-
ration. 1t is sort of pooling agree.
ment.'
But they can't beat the law of supply
and demand. Like most pooling agree
mentS, proration breaks down because
those in the pool try to keep prices up,
and some producers want to make more
money by producing more oil than the
agreement allows.
"Of course. low prices hurt for q
while. But this is natures remedy and
1t gets results. This is why we may be-
gin to get hopeful about the oil indus.
try. now that prices are being cut
DR.. Haney was in charge of the 1915
gasoline investigation for the Federal
Trade Commission and member of the
advisory board Of the commission from
1916 to 1919.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-28

to choice, S.5Oa9.50; medium to good,
7.0oa8.25; fair to medium, 6.00a6.75;
plain to fair, 5.25a5.75; common to
plain, 4.50a500.
Bulls. choice to prime, none; good to
choice, 5.50a6.00; medium to good, 5.25a
$50; fair to medium, 4.75a5.25; plain
to fair, 4.25a4.75; common to plain, 3.75a
425.
Cows, choice to prime, none; good to
choice, 5.00a5.50; medium to good, ASA
ATS; fair to medium, 3.75a4.25; plain
to fair, 2.75a3.25; common to plain, ZOO
a2.75.
Heifers, choice to prime, none; good
to choice, 6.75a7.50; medium to good,
6.00a6.50; fair to medium, 5.25,5.75;
plain to fair, 4.50a5.00; common to
plain, 400a4.25.
Sheep and lambs-Receipts. TOO head;
fair supply; market steady; sheep,
l.00a3.50; lamb, 4.50a8.25.
Fresh cows and Springers, 30.00a
Hogs-Receipts, 1000 head; light
supply; market lower; light, 9.75a10.15;
heavies, 9.75alp.15; medium, 9.75a10.15;
roughs, 7.00a9.25; light pigs, 9.75al0.0O;
pigs. 10.00alO.35.
Calyes--Receipts, so head; light sup
ply: market steady: calves. 5.0oa13.5o.
Hay ana Grain.
Hay-Receipts, IS tons. General hay
market strengthening. Drought has
seriously curtailed nearby crops, chang
ing the entire situation. Sections here
tofore shipping are now asking for
oners q ha1s Good clover mixed ana
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-28
STEADY GAINS FORECAST
BY BIG CORPORATIONS

Billion-dollar companies once were
few. In 1919 there were only seven
such corporations, and their combined
assets were $10,847, 100000. The United
States during the current year, however,
nan boast of "a such companies, OF
which nine are financial institutions.
The total assets Of these "a giants reach
almost SAL 900 ,000, 900, or about IL per
cent Of the entire wealth of the country.
Industry cannot always continue to
expand without experiencing some Pc
RODS of inventory taking. Those who
are prone, says Banking Trends, to
conclude that present unfavorable bust
ness conditions will be slow to right
themselves should bear IN mind that
previous periods of depression have
never more than momentarily checked
the continued progress Of these great
corporations. Over period of 80 years
this growth, though interrupted from
time to time, has been consistently
maintained, but remarkable as this con-
tinued development has been, it cannot
compare with the growth Of the coun-
try itself
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-28
EARNINGS REPORTED.

NEW YORK, October % R.-
Granite City Steel Co. today reported
September quarter net earnings Of
$l29,818, equal to A cents a share,
against Sass, 1926. or $l.61 a share, In
the September quarter last year. Net
for the first nine months this year was
$689.159, equal to $2.36 share, against
81, 1862 ,023, or $4.66 share, in the core
responding period last year.
Radio Keith Orpheum Corporation
and subsidiaries for the first nine
months has net profit of $3,052, ST.,
equal to $1.28 q share on the class a
stock outstanding, compared with SIS
637, 900, equal to SO cents a share, In
the corresponding period last year.
Third quarter net was $1,006, 437.
against $l,141,532 in the third quar-.
ter last year.
Prairie Pipe Line Co. and subsidiaries
had September quarter net profit Of
$3,491, $50, equal to So cents a share;
against $5,328, $50, or $13I a share, In
the third quarter last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-28
ST, 900, 600 MAILED
IN DIVIDEND CHECKS
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, october 28.-The
Transamerica Corporation mailed divi-
dend checks approximating $1,000, 900 to
100000 stockholders situated through
out the United States and in more than
IS foreign countries, This disbursement
represents q quaterly cash payment Of
Is cents per share.
The number of recipients is greater
by more than $4,000 than when the
last quarterly payment was made, in
July, and discloses that Transamerica's
roster Of stockholders has risen above
100000. In December, 1928, shortly
after the creation of the corporation, it
had $4,000 stockholders. In October
OF last year the number had increased
to 100000. During the intervening IL
months the total has continued to
mount, reaching 1896 last December
and 175,000 in April.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-28
c. & P. NETS $243,919
IN BALTIMORE AREA
Report for September Also Shows
Nine Months Profit at
$2,2S2, 1893.

Operating revenues of the Chesa-
peake q Potomac Telephone Co. OF
Baltimore City for September amount.
ed to $1,177.087, the report of opera.
tons just filed with the Maryland
Public Service Commission shows. Elk.
penses during the month were $685.
l68, making net revenues $243,919.
Operating revenues for the nins
months ending September 30 amounted
to $l0.561 ,252. Expenses during this
period We're $8,329, 089, making net
revenues $2,232, 1853
Telephone operating revenues for the
IL months ending September 80
amounted to $14,112,482. Expenses for
this period were $11, 076, 800. making
net revenues $3,O35.622. This IS
equivalent to ST. per cent on the
erty as fixed by the Public Service
Commission as OF December 81, 1884,
plus additions. This value on Septems
Der 80 was $46,606, 406.
Taxes assignable to operations IN
September were $113,496. This was an
increase Of $3,061 over the taxes for
September, 1929. Taxes for the nine
months of the year amounted to
$1,057,086. This was an increase Of
$35,0l0 over the first nine months or
1929. Taxes for the IL months ending
September 80 amounted to 1880, lot.
Capital expenditures for plant and
equipment in Maryland for the first
nine months of the year amounted TO
$4,522,641. Retirements during this
period were $2.013,282, making net
additions $2,509,359. Net additions to
plant and equipment for the IL months
ending September 30 amounted to
$3,310,056.
At the close of business September
80 Maryland was served by 214,330
telephones, which was q net increase
since January of $685. During Sep
TENDER telephone users made 1891 SIS
calls, which was an increase Of per
cent over the number made during the
same month last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-28
POTATO MARKET.

CHICAGO, October % tP) Omitted
States Department of Agriculture) =
Potatoes, 126 cars; on track, 400: total
United States shipments, 800; dull.
trading rather slow Wisconsin sacked
round whites, 1.55a1.8O; Minnesota
sacked round whites, 150a1 .65; North
Dakota sacked round whites, 1.55a17O;
sacked Red River Ohio's, 1.70a1 .85:
South Dakota sacked round whites,
1.50a1 go; poor, 1.25a1. 40; Idaho sacked
russets, No. 1, 2.00a2.15; No. 2, lisa
100; Colorado sacked brown beauties
and McClures, 1.90a2.00.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-28
BY CLAUDE A. JAEGER.
Associated Press Financial Editor.

NEW YORK, October 28.-One year
ago today occurred the most drastic de-
flation in equity share values ever seen,
and in examining the records of that
hectic period the failure of Wall Street
to comprehend its significance appears
at this date as one of its most strik-
ing phenomena.
The predictions emanating from high
places year ago, and again last
Spring, went so wide of the mark, that
economists find 1t requires genuine
courage to issue optimistic surveys of
the business and financial situation at
this time, although it may be reason
able to suppose that having had a year
in which to perfect their aim, they
should be more accurate now.
On the last Tuesday of october. 1929,
two-day decline in the stock market
blew itself out with turnover of &c.
100000 shares, which doubles anything
experienced since In these two sessions,
the composite price index of 80 leading
shares tumbled AZ points. About 20 per
cent of the quoted value of listed stocks
was Topped of in 48 hours.
Bankers POwerless.
This Monday-Tuesday nosedive came
upon the heels of a drop of about 20
points on Wednesday and Thursday of
Saturday the hastily formed bankers
conSortium seemed to be in control of
the situation, othe fresh and more
violent decline was astonishing and
stunning. 1t had been thought that the
bottom had already dropped out of the
market.
Commission house clerks, untangling
the Snarl in which their accounts had
been left by the first crash. however.
had discovered over the week end that
the situation was quite otherwise, that
the bottom had only broken loose. The
impairment OF marginal accounts had
greatly exceeded estimates and large
operators who had been expected quick
ly to bolster their accounts with more
cash were not heard from.
Brokers found themselves with such
an enormous amount of stocks to be
sold that the machinery Of the Stock
Exchange seemed wholly inadequate.
Members of the exchange marvel to
this day that the machinery did not
completely break down. AS it was,
several active stocks did not trade at
all, owing to a complete lack of bids.
and hundreds of orders were lost and
never executed.
Opinions Discredited.
Despite the cataclysmic character of
COlldpSc III equity S1ldACS, 1loAly
competent observers felt that its effects
upon business would be dissipated
within a few months at most, that
trade would be effected only in the
luxury lines, that with the credit
jamb resulting in the highest rates in
years broken, the depressed building
industry would be able to go forward
and that a better and sounder pros
perity would result.
What the actual course OF events
has been is well known. Business
recorded substantial gains early in the
year and complete recovery seemed
promised by Spring. BY late march,
however, business barometers were
pointing downward. In April the stock
market began to waver. 1t broke
sharply In May, when it became APP
parent that the expected business re-
covery had failed. During June the
situation was aggravated by rapidly
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-28
SHORT INTEREST TIMID.

NEW YORK, October % Especially -
The public criticism Of short selling
and the attention that has been given
change authorities and by Government
officials, have made the bears tnnid.
There is less activity among the pro-
fessional operators for a decline than in
weeks. This is evidenced in the small
volume of trading. 1t has its effect in
keeping the market on an even keel,
when unfavorable developments occur.
It is rumored that some of the promi-
nent bears have been talked to quite
pointedly and that their assistance in
ness situation to recover has been
solicited.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-28
GRAIN MARKET

CHICAGO, October % (SpeciaD -
The wheat market was firm today un-
der scattered buying Influenced by the
firmness in Liverpool December, old,
opened 1914 to 78s4; new, 1875 to 78% /;
March, old, SO; new, 831s; May, old,
84A to 841z; new, 841a to 845s. After
first half hour: December, old, 78% !;
new, 70; March, old, 83; new, 1915;
May, old, Ban; new, S41z.
Corn was higher with wheat. De-
cember, old, opened 78A to 1872; new,
78A to 1872; March, old, 80; new, 805s;
May, old, 82A to 1925; new, 82%. After
the first half hour December, old,
1885; new, 1888; March, old, 79%; new,
803s; May, old, 8215; new, 82s.
Oats were quiet but firm. December,
old, opened 369s; May, old, 3915. After
the first half hour: December, old,
$685.; May, old, $685..
Provisions were firm.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-28
NEW YORK COTTON

NEW YORK, october % (SpeciaD -
Cotton prices were close to dollar bale
higher at the opening Of the market
today. January old contracts received
Mondays wide advance In this same
position. Trade buyers were active and
there was a fair demand from Liverpool.
The South again supplied contracts and
more cotton came out on the advance.
Opening prices were December, old,
11.27. up IL; December, new, 1923, up
IA: January, old, 11.45, up 10; January
new, Has, up 10; March, 11.69, up IA;
May, 11.9O, up Is; and July, 1906, up
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-28
PARIS BOURsE PRICES.

PARIS, October 28 (R.-Trading was
quiet and prices were steady on the
Bourse today
Three per cent rentes, Sc frances 80
centimes. Five per cent loan, 101 francs
80 centimes.
Exchange on London, 1913 francs 81
centimes. The dollar was quoted at IS
francs 481a centimes.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-28

timothy new hay will bring from 24O0
to $500 per ton.
Wheat-No. red Winter, export,
SO; No. 2 red Winter, garlicky, spot,
80; october, So; November, 1919.
Corn-No. 2 domestic, yellow, old,
96a97; cob corn, 5.00a5.25.
Rye-Nearby, 60a65.
Oats-white, No. 2. new, 46; No.
3, As.
Wheat straw, No. /, per ton, 9.00a
1000; oats straw, No. /, per ton, 9.00a
1000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-28
FOREIGN EXCHANGE.

The native chiefs Of Africa sometimes
gets his car before his roads. The
story Is told Of one who possesses six
cars and but one mile of highway
suitable for motoring. He takes his
visitors in q slow procession 0f the six
cars, up this miie-long tTack and back
a9afr W
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-28
SILVER QUOTATIONS.
NEW YORK. October 2s R.-Bal
silver, 35&.
N q W. EXTRA.

NEW YORK, October 20 R.-Di-
rectors of Norfolk g. Western Railway
today declared an extra dividend Of 81
on the common stock, payable Decem-
Der 10 to stock of record November 20.
Last year a$4 extra was paid.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-28
COMMERCIAL LOANS.

During the past three weeks CONNER
cial loans have risen $155,000 900. Ordi-
narily an increase in this class Of loans
Is considered - indicating greater busi-
ness activity.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-28
NEW YORK CURB MARKET

Note-An stocks are sold in one hundred-share lots
excepting those designated by the letter (8os) 25os)
which shows those stocks to be sold in odd lots only
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-28

dividend fPartly in In
cash or stock IsyaSs :Sc AGustsn: dividend Plus
80 ffius iO* N :sSct Plus S:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-28

Domestic grain markets developed a
slightly firmer tone near the end Of Oc-
tober. Good demand prevailed for the
light supply of most grains. White
corn was selling at sharp premium
and appeared scarce. Oats, and barley
were steady to firm.
Mills were pressing offerings of wheat
feeds at Chicago, where bran was quoted
October IS at $40 a ton, standard mid
dlings at SIG and flour middlings, and
gray shorts at $23 per ton. Cotton seed
meal prices we're unchanged or slightly
lower at the principal Southern mar
kets, but Central, Western and Northern
markets were stronger with colder
weather and Al per cent meal brought
$3.50 at Chicago. Linseed meal tended
lower at practically all markets. White
or yellow homlny feed met slow demand
at slightly lower figures, reaching SGT at
Chicago.
Timothy hay and prairie hay sold
steady or slightly higher in few mar
kets, with light supply and good demand.
Alfalfa prices were generally about
steady, with some signs of better de-
mand since the colder weather, particu-
larly in the North Central section. Pas
lures in Northeast and Central West
ern areas were greatly benefited by rains
during late October, but droughty condi-
tons remained over most of the Middle
Atlantic area. .
The Indianapolis times., 1930-03-25
Talk 6-Month Recess

BIZ ntted Press
LONDON, March 25.-Chief dele
gates of the f1ve-power naval con-
ference, which convened Jan. 81 to
limit the worlds warships, consid-
cred today a proposal 70 adjourn
for six months to prevent collapse
Of their negotiations.
Prime Minister j. Ramsay Mac
Donald summoned the American.
French. Italian and japanese chief
delegates to discuss the next step.
A conference crisis has been Gre
ated by failure Of France and Italy
to agree and the adjournment was
urged to enable them to come 70
terms.
The British spokesman said the
adjournment suggestion was vieWtd
as worthy of consideration under
certain contingencies which have not
yet arisen. He reiterated the con-
ference was making a last effort 10
reach a five-power agreement.
Decision on adjournment might be
delayed because the French foreign
minister, Aristide BRAND, vas not
scheduled to return until Wednes-
day, when he may offer some way
out of the deadlock.
The adjournment proposal appar~
emily arose in discussions between
Dino Grandi, Italian foreign minis
ister, and Macdonald.
The Indianapolis times., 1930-03-25
CITY DUE FOR
INCH OF SNOW
In Path of Northern Gale;
Mercury to Slide.

The worst blizzard of the year
was reported raging today through
the Calumet district and northern
Indiana. where more than seven
inches of snow had fallen before
noon.
An inch or more of snow was an
ticipated in Indianapolis and CEN
tral Indiana, accompanied by
March gales and temperature drop
to 25 degrees tonight.
SnowplowS, idle since January,
were in service at Valparaiso and
other northwestern Indiana points
to clear streets and highways.
Many persons predicted the roads
in northern Indiana would be closed
before the storm abated.
Valparaiso reported eight inches of
snow. Warsaw reported four inches
of snow and sub-freezing tempera-
lures.
]. H. Armington. United States
weather bureau meteorologist, said
the storm probably will break UP
sometime Wednesday. Little crop or
fruit damage is expected, Arming-
ton said.
In the vicinity of Fowler county
roads were blocked by snow, and
rural schools dismissed. according to
word received this afternoon by the
state highway department.
U. S. Al probably will be closed
tonight If the blizzard continues. the
department announced.