davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1930-12-31
Rate Cuts Produce
POUer Sales Gain

The effect of rate reductions in
building power sales to consum-
ers is shown in the report Of out
put Of electricity by American
Commonwealths Power Corpora
tion for the first 10 months of
1880.
A letter to the stockholders cites
an output of 155, ,405.5Oe kilowatt
hours for the period, a gain Of
IL per cent over the first 10
months Of 1929. In the previous
period the output of electricity
was 13S,707, 400 kilowatt hours,
which in turn was a gain OF IA
per cent over the same period of
1928. Sales of manufactured gas
likewise established a new high
record.
The Washington times., 1930-12-31
BUYING v AVE
ENL|VENS
MARKET
Year.end House Cleaning
and "Tax" Sales Contribute
to General Stocks FURRY
BY w. s. COUSINS
YntsrnatlouaI News Services Financial
Editor


NEW YORK, Dec. 31.-StoCks
In all sections of the market
pushed ahead buoyantly this
morning, in response to further In
Vestnellt and professional buying.
The shorts were trapped in Au.
burn Auto, Case Threshing and
other specialties, and prices as
result spurted 2 to 5 points. Year
end house cleaning and "tax" sell
ing in fairly large volume ap-
peared on the tape as cash sales,
usually at fractional concessions
in prices.
Rail Buying Active
The good effects Of the rail
consolidation agreement were
again seen in the influx OF buy
ing orders for both railroad and
Industrial shares from the outside
points. New York Central, Atchi'
son, Pennsylvania, Baltimore and
Ohio and other good grade rails
sold about a point higher. South
ern Railway was up about 3 points
at 491a.
Nash, General Motors and
other popular automobile shares
sold in good volume at slightly
higher prices. United States
Steel moved up 2 points to 14OA,
leading an advance which was
also participated in by Bethlehem
and Vanadiun.
Bethlehem Moves Up
Bethlehem in the second hour
moved up 2 points to 5112. Ana
conda Copper continued its for
ward.wing and reached 30A. And
most of the active utilities sold
higher.
Wheat, corn, cotton and other
commodities were inclined to
slightly higher prices in a dull
and featureless market. The call
loan rate was unchanged at 312
per cent.
The Washington times., 1930-12-31
Merger Is Factor

The carrying out of the details
Of the railroad consolidation will
doubtless constitute a powerful
factor for business recovery in
193l-provided of course that the
work can be started early enough
in the year. That will depend to
a large extent upon the prompt
ness with which the Interstate
Commerce Commission acts upon
the application Of the railroad
heads to merge their properties.
Consolidation. will mean scrap
ping of odd lines here and there,
the strengthening Of important
sections, Of trackage, and the
buying of millions of dollars
worth Of new engines, cars and
other equipment. This means
more orders for the steel corn.
panies and more men engaged in
profitable employment.
The Washington times., 1930-12-31
CHICAGO LIVESTOCK

Hogs-Receipts. $4,000: market steady.
Top. $3.50: bulk. $s.5OI&l5; heavy
weight, $7.10G76O: medium weight,
$7,4o@S; lightweight, &7sS@s.25; light
lights. $SqS.3O; packing sows $3.50
6.S5: pigs, $7.65 56S.3O: holdovers, 1900.
Cattle-Recelpts. 1900; market
steady. Calves. receipts. 1000: market
steady. Beef steers. good and choice.
$11.5O613; common and medium. $T@
II; yearlings. $7Q14. Butcher. cattle,
heifers, &55O@12; cows. $4@75O: bulls,
$5m7; calves, $SD12; feeder steers, $50
SIS; stocker steers. $5.5o@S.5o: stocker
cows and heifers $4d7
Sheep--Receipts $4,000; arket I,
steady. Medium and choice lambs, $3.50
Gs35; culls and common. sb@7; year
linEs, S516,50: common and choice
ewes, t2QsSo; feeder lambs. Ss.so@
L2k
The Washington times., 1930-12-31
CHICAGO PRODUCE

Butter-Receipts. $3.50 tubs; cream
cry, extras and standards, 27hc; firsts.
26h @27c; extra first, 25@26c; packing
stock, 1s01sc; specials, 2sQ2Shc.
Eggs-Receipts. 1893 cases; graded
flrsts. csc; extra firsts. 2sc; ordinary
tiIsts. 2O0 2se; dirt,sr. 12@15c; checks,
1O615e.
Cheese - Twins. new. 1s&c; Young
Americas, isc; Daisies. l74c; double
Daisies, lie: Longhorns. I7&c; brick.
farcy, 17hc.
Live Poultry-Turkeys, 20e; old, COG
2se; hens. lbs. ana up iec; Laghorn
The Washington times., 1930-12-31
MERGER IS SEEN
BIC FACTOR IN
UPSW|NG
AmaIgamation Of Huge Rail.
road Systems Will Be Impor-
tant in Settling Business
BY THE SPECTATOR

The stock market this week
has maintained a 29-year-o1d
tradition in moving upward
during the last few days Of
the year. A brilliant rise in
the railroad stocks, which
carried prices Of the leaders
from 2 to 8 points higher,
followed logically upon Presi-
dent Hoover's announcement
Of complete agreement in the
four-trunk line railroad con-
solidation. Prior to the is
suance Of this statement, the
public utilities, copper, steel
and other active shares had
already started their con.
fident upward movement
ending the day from ! to 5
points higher. Stock brokers
reported a steady influx of
investment buying orders,
which in themselves were
sufficient to offset the
stream Of "tax" selling which
has almost dried UP by this
time.
The Washington times., 1930-12-31
CLOCK co. DIVIDEND

CHICAGO, Dec. 81. Directors
of the Hammond Clock Company
today declared an initial quarterly
dividend of so cents a share on
the common stock, placing the
issue on a 50 basis. The dividend
is payable January is to holders
of record January 10.
The Washington times., 1930-12-31
Recovery Promised

The New Year, which will be
ushered in tonight will contain
at the start every promise and
good wish for a speedy recovery
CT worldwide business. Based
upon the expectation Of this re-
covery many Shrewd investors
have already begun to buy divi.
dend-paying stocks. General re-
covery in the stock market is, Of
course, based upon the rate Of
lapidity Of the recovery in Amer
ican business.
The Washington times., 1930-12-31
WooIworth Near Record

It is the opinion Of the Wool
worth management that when
final results are compiled, sales
for 1880 will approach the high
record of $203, ,047,172, which was
reported for 1929. If sales are
maintained around 1929 levels,
there is a possibility that net
earnings will equal last years In
come, equivalent to 1886 per
share. In 1929, two-thirds of the
earnings were paid in dividends,
in 1926. one-half of the income
was paid to stockholders, and in
1928, only one-fourth was paid.
The Washington times., 1930-12-31

UT, zoe; Leghorn springs 15C; roOsters,
l4c; ducks, 21c; geese, lie.
Fotatoes-Receipts ~ cars: on track.
143 cars: U. s shipments, 75s; WIscon-
sin, sacked, round white, sl,S59l.7o; :;
Idaho, sacked, RussetS No, 1, si.s04
IsS; No. ?. R1S5al4S; Colorado
Brown Beauties and McClures, un-
branded Sl.s0a1.s5; branded, S2@1.oS.
The Washington times., 1930-12-31
Gains are Seen

A substantial increase in ma
tional advertising is forecast for
the first quarter of 1881. Some
large releases have been author
lied during the last 10 days. This
does not refer to automobile ad-
vertising, which always gains in
connection with the national au-
tomobile show in January. It re-
ferS particularly to food prod
ucts and manufactured products
having a direct consumer de-
mand. This increase in advertis-
ing presages improvement in bust.
ness in the not distant future.
The Washington times., 1930-12-31
November Grain
Exports LOUeT

Department of Commerce gives
values of domestic exports of
principal grains and Preparations
of grains for November and IL
months ended with November, as
follows.
The Washington times., 1930-12-31

Total Nalue Of exports Of grain
and preparations of grains, in
cluding some miscellaneous crops
not listed above for November,
1880, was $1O,647, 900, against $685.
400, ,644 for November, 1929; for II
months ended November, 1880,
182,342,OOO, against $266,174,0l8
for the IL months ended Novem-
ber, 1929.
The Washington times., 1930-12-31

Many travel pleasures await you
through the purchase Of q car Of your
own from the offerings In tOday's Clas.
nARaed Ads
The Washington times., 1930-12-31

c12hc extra.
g3ee extra.
xEx-dividend.
sTwo per cent extra.
The Washington times., 1930-12-31

Ohio OIL taO...... IN 1sX 17H+ y
The Washington times., 1930-12-31

7W +oX "Pac Gas a.. As IS s +
M 4e Pse Light 3D.. 5OX A9K so + J
. il4H Pea o.. 1lsI IlsH 1852 u
sa% ~ PacBaEd Met a.. sH eA s%+ J
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-03
JUDAISM HONORED
BY MEMORIAL LIGHTS
SymbolicaL, Seven-Branched
CandIesticks Dedicated
by Bishop Manning.
By the Associated Press.

By the Associated Press.
NEW YORK, February 3.--!Two tall
Menorah lights, standing. at either side
Of the high altar in the Cathedral OF
st. John the Divine (EpiscopaD,. are
believed by Bishop Manning to mark
the first use of the sylnbolical seven
branched candlesticks Of Judaism IN a
cathedral
The twin lights, which are the gift
of Adolph S. Ochs, publisher Of the
New York Times, were dedicated by
Bishop William T. Manning yesterday,
assisted by Very Rev. Milo II. Gates,
new cathedral dean.
Bishop Manning called them symbols
of the debt owed by Christianity to
Ju laism.
This gift is beautiful and signifi-
cant one, both religious and historical"
said Bishop Manning. 'Menorah lights
were used in Solomon's Temple in Jeru-
salem, and they are still used in Jewish
synagogues throughout the world, but
this is the first time Menorah lights
have ever shone in a Christian ca
thedral"
The Menorah is symbolical of the
creation. The center light represents
the Sabbath, and the other six each
represent one of the days of creation
as described in the Old Testament.
Dean Gates, in his sermon, said the
lights were believed to be the most
magnificent examples of the Menorah
anywhere in the worlj They are fash
toned of bronze and gold and stand II
feet high.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-03
u. S. AGENTS TAKE 81
IN NEW IDAHO RAIDS
Eleven Others Are Hunted in Gov
ernment's Third Drive in
Northern Section.
BY the Associated Press.


OROFINo, Idaho February B.
Thirty-one persons were under arrest
and eleven others we're being hunted
today as the result of the Government g
third effort to dry up the wet areas OF
Northern Idaho
Prohibition agents swooped down
upon Orofino Saturday night armed
With a Sheaf of warrants. All put one
OF those arrested were charged with
conspiracy to violate the Federal pro-
hibition law. The single exception was
Charles Crumpacker, who was accused
OF selling liquor.
The Federal movement against the
liquor traffic of the Orofino area fol-
lowed the wholesale operations against
the wet towns of Mullan and Wallace,
Idaho, about two months ago. Nearly
zoo persons were arrested in Mullan
ana Wallace and nearly all the city Of
Meals of Mullan have been convicted
OF conspiracy.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-03
SEWING CLUB FORMED.
Ladies of NJ. E. Church at Leonard
town Organize.
Special Dispatch to The star.

Special Dispatch to The Star.
LEONARDTOWN, Md, February g.
The ladies Of the Methodist Episcopal
Church Of Leonardtown met at the
home Of Mrs. Stephen M. Jones and
formed q sewing club that win meet
each Wednesday afternoon.
Although no officers were elected or
general plans made, Mrs. Stephen NJ.
Jones of Leonardtown is at the head of
the organization.
Those in attendance were Mrs. Roger
Richardson. Mrs. Harry M. Jones, Mrs.
I. Stanley Johnson, Mrs. Henry S.
Van Devanter, Mrs. Robert S. Han
ford. Mrs. Ernest Burch, Milestown, Mrs.
Charlie Foxweli, Mrs. NJ. c. Baker, Mrs
Thomas r. Foxwell, Mrs. D. j. john
son and Mrs. Stephen Jones acted as
hostesses to the occasion.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-03
Inspector Killed in Fall.

: WARDENSVILLE, w. Va, February
$ (SpeciaD Patrick Fallon, IS, rail-
road lumber inspector stationed here,
died last night following a fall down
the stairs, in which his neck was
broken. A heart attack was held re-
Sponsible for the fall by physicians.
He had returned from attending serv-
ices at local church when the acct
cent happened. He was formerly of
Buchannon, w. Va.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-03
AID SOCIETY TO MEET.
Miss Kirwan will Address Session
on Saturday.
Special Dispatch to The Star

Special Dispatch to The Star.
OXON HILL, Md, February 3.-Miss
Katharine T. Kirwan, executive secre-
tary of the Maryland Children's Aid So
ciety, will speak at a meeting in the
Oxon Hill School auditorium Saturday
afternoon at Q o'clock. She will dis
cuss the work of the society. The meet
ing will be under the auspices of the
department of public welfare of the
Oxon Hill Woman's Community Club.
Residents of Prince Georges County
interested in the welfare of dependent
children are invited to attend.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-03
LEMUEL 3. MOORE DIES.
Front Royal, Va, Farmer Served
in Internal Revenue.
Special Dispatch to The star.

Special Dispatch to The Star.
FRONT ROYAL, Va, February B.
Lemuel D. Moore, 20 years old, prom
inent farmer Of this county, died Satur-
Gay night. Heart trouble was the cause
of death. He served for years in the in
ternal revenue service. He also was
constable in this district.
He is survived by three daughters,
Misses Efie and Emma Moore, Mrs. #.
B. Wicks of Syracuse, N. Y, and the
following sons: Clyde Of Washington,
D. c., Haywood of Harrisonburg. Va;
Basil Of Annapolis. Md; James Of New
York City. Herman and Everett Of Phil
adelphia, Harrison Of East Orange, N. j.,
and Lunsford of Racine, Wis
Funeral services will be held at his
home tomorrow afternoon. Interment
will be in Prospect Hill Cemetery.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-03
Bank to Reduce Par Value of Stock

LAUREL, Md. February (SpeciaD {.
TO vote on the question of reducing
the par value Of the stock of the Citi-
zens' National Bank of Laurel from $l00
per share to $40 meeting of the stock
holders has been called for February 20
at 2 pm. at the bank
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-02
WOmen's Silk Blouses
Originally $4.95 and
$5.95-Friday Only, 2.80

Attractive frilly or tailored models
OF crepe or satin in plain colors
and prints. Sizes from 81 to AZ
In the group.
SDortstCcC
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-02

s Popular
Housewares Specials!
Originally $49.5O Gas
Range
Friday Only, $3.50
One onIyl This is indeed q re-
markable stove, and a remark
able value. In black, gray and
white pocelain trimmed. A floor
sample.
S29.5O Kitchen Cabinet
Friday Only, $17.50
Here's a wonderful buy. Gray
enamel finish. A slightly marred
floor sample.
One SLIP Rotarex
Electric Washer
Friday Only, M.50
You'd better be here early for
this sensational bargain. A ia
nous make, guaranteed for one
wear. A floor demonstration with
copper tub.
S4.95 Window
Refri9erators
Friday Only, 1.2S
A useful article for the Winter
months. Slightly damaged, but
still practical.
SIS Extra Heavy Ash Can
and Cover
Friday Only, ESQ
We've only one! Colorful yell
low enameled can.
$3.50 Bath Brushes
Friday Only, LOG
Complete with long rubber tub
ing and faucet attachment. Just
IA at this price.
$1.75 Bird Cage Stands
Friday Only, 81
19 wrought iron stands in a full
circle style
SIS 32-Piece Gold Band
Luncheon Sets
Friday Only, 2.80
A complete service for six. 80
sets only at this extremely low
price.
PALAIS RoYAL-Fourth Floor
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-02
Savings Just When You Want Them!
Friday Furniture Features

Bargain prices on Odds and Ends from popular
Furniture and Bedding Departmental
CO Rockers with upholstered E0
Originally SIS. Friday only CIV
"a maple and gum With extension
table large roomy buffet and upholstered chairs 40
Originally $124 Friday only We ~
(3) Chests of Drawers mahogany finish drawers, n
inches WIDE So inches high Originally $4I5 Friday 10
AO'I ~
% Living Room Suite, with panel back and
dsma anv upholstered spring seats Originally s7 Fri $116
Leg Rests oungng chairs deep upholstered E0
Friday only. AsO/
"a 5-P Breakfast Set stained and nicely deco n
rated Originally $2975 Friday only A1'%O
Suite, in beautiful figured walnut d 10
and Originally $3.50 Friday only QA/
90 Brown Beds floor samples and slightly = 40
married Originally $775 Friday only 100
6rs t % "f F4s Bed ang slightly floor %
CD "Beautyrest" Davenport Bed apartment size with
fRg L s m FEdsy e o and upholstery 1850
% es s1s very sg gS h ra, v en 700
[3} Ape. Bed Room Suites shaded green enamel
fls5 S A unusual o's"sy ss $3.50
PALAIS ROYAL-Fourh
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-10-02

SportsUcar-Third Floor
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-24
AVIATION INDUSTRY
OUTLOOK HELD GOOD
Analysis Declares Firms Have Now
Passed Through Period Of
Readjustment.

The period of readjustment which the
aviation industry of the United States
has experienced during the past nine
months, in the opinion of Hornblower &
Weeks, is comparable to the conditions
which existed during the early years Of
the development of the motor car in
dustry. In survey on the outlook for
the aviation industry the bankers say
in part:
THE aircraft industry has, since the
middle of last year. been undergoing
a period of readjustment and CONSOLE
dalton, wedding out and solidifying
process, that has placed the leading
companies on Sounder basis than has
heretofore existed The market collapse
of 1929 was additionally responsible for
the low prices of stocks of the strong
aeroplane manufacturing companies
which. as represented by market condi-
tlons today, as we'll as the outlook for
business for the coming year, obviously
do not reflect the real status of the
outstanding units in the industry.
Further readiustment will undoubt-
edly be witnessed this year. but it should
prove generally constructive to the in
dustry and particularly so, we believe,
WIN respect 10 the prices OF the sound
est aeroplane manufacturing securities.
If We learn anything from the history
OF the automobile industry, it is that
the early establishments were no less
severe than the realignment going OH
today in the aircraft industry. and that
out of it all grew General Motors, Ford.
Packard and other companies of tower
ing strength, great earning ability, and
predominant position. We venture to
predict parallel development in
aviation"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-24
Pierce-Arrow Motor Co.

BUFFALO, N. Y, February "a Or
The Pierce-Arrow Motor Car Co. today
issued its annual report for 1929, show
ing net profits of $2,566,111, as COM
pared with losses of 81, 293, O25 sustained
in the preceding year. The report covers
the first complete years operations of
the company as reorganized with ex-
banded resources under the control of
the Studebaker Corporation.
Net sales amounted to $27 1862. 1857, as
compared with $19.436,672 in 1928, a
gain of 43,8 per cent. Dividends on the
6 per cent cumulative preferred stock
of 1852 800 were paid commencing June
/, and the remaining net profits were
added to surplus account, which showed
a credit of $3,306,5l2 at the close of the
year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-24
COMPOSERS PROTEST
NEW COPYRIGHT BILL
Performing Rights" Imperiled by
Measure in Commons,
They Say.

LONDON, January IL C4).-A protest
against the musical copyright bill pend
ing in the House of Commons, which
they say, will deprive the composer
of his last remaining effective source
of income, his performing rights" has
been made by prominent British COM
poSerS.
The statement, which is signed by
Frederick Austin, composer of the new
version of the "Beggars Opera; Capt
Harry Graham. who wrote the Maid of
the Mountains" and H. Fraser Simson
another well known composer. says that
composers have been hard hit by the
gramaphone and radio broadcasting.
1T is proposed in this BILL says the
statement, that by paying the ridicu-
lous sum of twopence to cover the per-
forming rights (of which sum the pub
fishers would naturally take a share)
the purchaser of a piece of copyright
music would be at liberty to perform
that music in public, and apparently as
often as he pleased while it was in his
possession.
Are Shaw, Barrie, Galsworthy and
the rest of the playwrights whose work
is issued in printed form to be re-
quired to deliver the right of public
performance of their plays to any
chance purchaser on similar terms?"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-24
SHOE PRODUCTION
SHOWS GAIN IN U. S.
Reports From Manufacturers Re-
veal Stepping Up of All
Schedules.

Optimism is growing among the shoe
manufacturers of the country. Retail
ers have made their purchases on a
hand-to-mouth basis since January
but stocks are very low and shelves
must be replenished shortly in anticipa-
ton of the Summer trade. The fact that
Easter comes late this year is holding
back some orders, but production, ac-
cording to Government reports, is in
creasing steadily.
One unmiStakable trend is making
itself apparent in the industry. That
is the determination of manufacturers
10 establish their own retail outlets. 1t
Is worthy of notice that the shoe manu-
facturers who have made the largest
and most consistent profits in recent
years are those which have their own
retail stores.
Business from the chain stores hsA
not been entirely satisfactory. The
chains, buying in large quantities. have
demanded that makers fill their orders
practically at the purchasers price. AS
a result, some manufacturers are turn
ing down business of this character.
They declare some chains have re-
duced prices so low at retail as almost
to reach the factory cost level.
IneSe factory price levels are now
pretty well stabilized. Leather and
other raw materials and labor show few
changes in price status Leather nllr-
chases have been reduced to bare neces-
sites and tanners have almost with
drawn from the hide markets. AS a re-
suit, stocks of leather are low and this
has frightened the outlook for the hide
and leather end of the industry. The
tanners are perhaps in the most unsat-
lsfactory position. They were unable
to check production as promptly as the
other sections of the trade, for skins
could not be withdrawn once their
processing had started.
Since about rs per cent of the leather
tanned is used in the making of shoes.
cuts in shoe production have a drastic
effect on the tanning industry. How
ever. the outlook for cattle slaughter
ing is favorable to the leather Industry
in coming months. The growing i'm
portation of leather is a more serious
menace. Over $45, 300, 900 worth of
foreign leather was imported into this
country in 1929 or 1894 900 more than
American exports to other nations
This Is the first time imports of leather
ever exceeded exports.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-24

Provision is made in the revenue act
which allows a taxpayer who sustains
a net loss in a trade or business reg
ularly carried on by him to deduct the
amount of such loss when computing
his net income for the succeeding tax
able year, and if such loss is in excess
of the net income for that year, the
excess may be carried over and deduc-
ted in computing the net income for the
next succeeding taxable year.
When computing net loss under this
provision of the act there may be in
cluded losses from the sale of real estate,
machinery and other capital assets
used in the trade or business, but does
not include losses arising from trans
actions not connected with the business
except to the extent of the amount of
gross income derived from such outside
transactions. That is, If an individual
had taxable income from outside
sources of $4,000, and sustained a net
loss from his trade or business of SO, 900,
and also allowable deductions outside
of his business of $4,000, for 1923, he
would be allowed to carry over SO 900
as a deduction in computing his net
income for 1929.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-24

Common Stock earning $3.50 q share
PAYING So Yields PCT present Curb market.
COURTLAND NIXON, 1918 K St.
Nat. 1926
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-24

Mrs. Margaret N Waddell who died
recently at Largs, Scotland, at the age
of 101, is survived by six sons and
three daughters.