davidaulloa/AmericanStories huggingface dataset:
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1931-07-02

4 nAi. oiio MIS-. AL AlcluISuu anu
son, Bud. of Minneapolis. visited
at the Theodore Noeske home Sat-
urday.
Mr.. and Mrs. N. ]. Hess, of New
Leikzig, N. D. were visitors at the j.
M. Pischke home several days last
week. The ladies are sisters.
Mr.. and Mrs. E. Peterson and
children, of Minneapolis, were
guests of Mrs. Lena Hinton Thurs
day.
Gertrude Cans entertained a
few littlt friends Tuesday, the oc-
casion being Gertrude's ninth
birthday.
Mrs. Henry Schmidt, of St.
Cloud, and son, L. L. Schmidt, Of
Los Angles, CAL, visited with Mrs.
]. M. Pischke and family Thurs
day.
Mr.. and Mrs. Paul Walden, of
Appleton, Mimi. were Sunday
guests of Mrs. Waldon's brother
and family, Mr.. and Mrs. Theo.
Noeske.
Miss Regina Schlicht returned
from Fargo Wednesday where she
spent several days visiting her sis
ter and husband, Mr.. and Mrs. Ted
We're.
Mr.. and Mrs. Ben Bergsten, and
Dolores Moore, spent Sunday WIS.,
iting Mrs. Bergsten's mother and
sister at Detroit Lakes.
Mr.. and Mrs. John Meters spent
Saturday evening with Mr.. Ben
Meters and family at Rockville.
They returned Sunday forenoon.
Mrs. Paul Pischke. of st. Cloud,
is visiting with her sister and fam
ily Mr.. and Mrs. John Sauer, this
week.
Mr.. and Mrs. Ben Deters were
guests at the Anton Miller home
in Sank Centre Sunday.
Mr.. and Mrs. Fred Kraemer and
children, of Thief River Falls, mo-
tored here Saturday for a visit
with his brother, John, and family.
Sunday they all visited at Morris
with sister.
Mrs. Andrew Sorenson and
daughter, Marion, and mother,
Mrs. Paul Piscke, spent Wednes-
day at the ]. NJ. Piscke home.
Mrs. We're and son, Henry
Mrs. Anton Schlicht and Mrs. H.
G. Wakefield were visitors at st.
Cloud Thursday.
Mr.. and Mrs. Anton Tilman and
George Kuntz spent a weak in
Minneapolis, returning Monday.
Anton Kuntz left Wednesday for
st. Johns College after spending
a months vacation at the home of
his mother, Mrs. Joe Kuntz.
Mr.. and Mrs. Ambrose Merifield,
of Minneapolis, were callers at the
home of Mr.. and Mrs. Jonas Did
Ter short time Monday.
Sunday with the thermometer
registering 100 in the shade, the
Burtrum boys won the ball game
here from the local team to the
score of II to IA. Next Sunday
Westport will play here.
Nick Niesen and daughter. of
st. Michael, Mimi, arrived last
ilu1 Stdy 1o1 q WISH Will DCl1 oCA-
vatius. Sunday they all visited rela-
tives at Melrose. Mr.. Nieson re-
turned to his home Monday.
Mr.. and Mrs Andrew Sorenson
and daughter, Marion, of Sank Cen
tire, were visitors of friends at
West Union Sunday.
Anton eBntfield and Mr.. and Mrs.
Fred Rueckert attended the fun
eral of jobs Thielan at New Mum
ich, Tuesday. Mr.. Thielan was an
uncle of Mrs. Rueckert.
Mrs. Quirk, of Thief River Falls,
is spending the week at the home
of her daughter, RMS. Andrew
Beste.
John Sauer, accompanied by his
daughter Marie, was called to
Richmond, MINI. because of the
death of his aunt, Mrs. Rodstine.
Mr.. Sauer and daughter, Marga-
ret, attended the funeral held there
Saturday. Mrs. Rodstine was
sister of Mrs. Sauer, Sr.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1931-07-02

Hanson, Of Brooten, visited at the
home Of VIM. Quade Sunday.
Paul Dold attended church in
Elrosa Sunday morning.
Ed Lietz called on Henry Quade
last Thursday evening.
Mrs. Edward Lietz and Mr.. and
Mrs. Albert Lietz and family, of
Sank Centre, called on Ben Chead-
lie last Sunday.
John Ripka called on Walter
Hummer last Sunday.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1931-07-02

lady's parents, Mr.. and Mrs. C. A.
Marthaler. at West Union. Sunday
afternoon.
VIM. Miller and John Reble de-
livered stock to West Union Tues
day morning.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1931-07-02

Friends and neighbors gave
party in honor of Mr.. and Mrs.
Henry Kamphake's 18th wedding
anniversary Friday in the Progress
sive Club house. The evening was
spent in dancing and a, delicious
lunch was served at midnight.
They were presented with some
money. ALI enjoyed the evening
and wished Mr.. and Mrs. Kamp-
kake many happy years to come.
Iwinskfs, Botz's, Otte's, and Mi
nette's were among those that at
tended the All picnic at Fairy Lake
Tuesday. The day was very hot,
but was enjoyed by all.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1931-07-02
West Un;sn

Mr.. and Mrs. Carl Syanke mo-
tored to Little Falls Sunday, spend
ing the day with relatives.
The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1931-07-02

1t pays to Advertise in the Sank
Centre Herald.
The Washington times., 1931-11-19
HILLYER HEADS
CHANGE AGAIN

Edward L. Hillyer. vice preSi-
dent of the Union Trust Com
pany, was reelected president OF
the Washington Stock Exchange
at the annual meeting yesterday.
Other officers reelected are c.
j. Gockeler, vice president of the
District National Bank, vice presi-
dent; Y. e. Booker, of the invest
ment banking firm of Y. E.
Booker & Co., secretary, and
James M. johnson, of James M.
johnson & Co., treasurer.
Two vacancies on the board Of
governors caused by expiration
of terms were filled by the elec-
ton of c. j. Gockeler and John
q. Brawner.
President Hillyer appointed the
following auditing committee for
the coming year: Chas. E. Howe,
of the American Security & Trust
Co., and Miles H. Quail, of Y. E.
Booker g. Co.
Figures compiled by w. B. Hibbs
81 Co., showed listed bond sales
this year increased to $1,468, 400,
from $1,37S,700 last year. Listed
stock sales fell off from 9,768
shares in 1880, to $1,000 shares in
1881. In the unlisted department
bond sales declined from 27,60O
last year to $40, 100 this. and only
As shares of stock were sold, as
against 33l shares in 1880.
The Washington times., 1931-11-19
5 FREE
COLD GAINS

Free gold" holdings of the
Federal Reserve SyStem-that is,
the amount above all legal require
ments- was actually larger at the
end of October than the middle of
September, when the outward
movement of this metal started
with the suspension of gold pay
ments by Great Britain. the Fed
eral Reserve Board announced
today.
It was shown that the systems
excess actual and potential re-
serves may be estimated at ap-
proximately $500, 5000 at the
present time, this indicating con-
clusively that there is no danger
of the United States being forced
to abandon the gold standard.
The outward movement of gold
from September 81 to October %
amounted to $3.50, 900, 900, the larg-
est movement of the metal during
a similar period in the history of
any country. About $415,00 900
of this gold remained in this
country earmarked for foreign
account. Late in october and
early in November the tide of the
gold export ceased.
The Washington times., 1931-11-19
Morris Chain Adds
Virgi1aiQn to Board

Increase of the board of direc-
tors from 7 to II members and
the formulation of plans for the
further national development of
the Morris plan of industrial bank
ing is announced today by Walter
w. Head. New York city, presi-
dent of the Morris Plan Corp. of
America.
Among the new directors are:
Thomas c. Boushall, president Of
the Morris Plan Bank of Virginia; !;
Robert o. Bonnell, president, Nor
ris Plan Bank of Baltimore, and
Ralph w. Pitman, president, Nor
riS Plan Company, of Philadelphia.
It was pointed out by Mr.. Head
that Morris Plan banks are all
essentially local in that they have
local boards of directors and Off
GERS and operate under the vari-
Gus banking and loan acts Of SO
States.
The Washington times., 1931-11-19
MARKET CHURNS
UP AND DOWN
NARROWLY
New Haven, Atchison and NY.
Central Spurt Fails to
Tilt IndustriaIS
BY w. s. COUSINS

NEW, YORK. Nov. 10 ON.SO.
The railroad stocks turned after
an Irregular opening today and
New Haven. Atchison, New York
Central and other favorites
moved up about two points on
the average, stimulating a slightly
better demand for the industrials
and Specialties.
Stiffening Of the rail shares
took place simultaneously with
the calling together of an i'm.
portant meeting of rail chiefs
and labor leaders in this city.
Cost Basis Sought
It was expected that basis Of
agreement relative to a scaling
down of operating costs on the
rail lines might be arrived at.
Little change of Importance was
seen in the grain, cotton and sill
ver markets. A test for copper is
seen in the fact that some
Smelters have been offering the
red metal at 634 cents a pound,
the lowest in history.
But world producers are still
looking for a satisfactory agree
ment on production curtailment
as the result of the recent confer
eences with the Belgian owners
of Katanga.
Trading Is Light
The industrials and utilities
made only feeble efforts to rally
and having returned to the level
of Wednesdays close, roamed
around within narrow ranges Of
these prices. Trading came to a
standstill in all but a handful OF
the favorites, which we're con-
trolled by the professionals.
General Motors, Woolworth,
Eears-Roebuck and American Can
Jed the activity in the industrials.
The Washington times., 1931-11-19
MELONS PLAN
BIC NEW COKE
INDUSTRY
Proposition Is Disclosed by
Scientist at Farley as
PostdepresSion Move
By ARTHUR B. DONEGAN

PITTSBURGH, Nov. 10 O.N.SD !:
A revolutionary new induStry-the
manufacture of coke for domes.
tic and boiler uses through the
low temperature carbonization. of
coal, will be established by the
Mellon interests Immediately upon
re-adjustment of the present
economic Stagnation, delegates to
the third international conference
on bituminous coal were informed
here today.
F. Puening, a research specialist
for the Koppers Company. domi-
nant in the manufacture Of coal
by-products. informed the dele.
gates Of plans Of his company for
the manufacture Of low carboni.
zation coke which await only the
passing of the present depression.
He said:
Sensation Created
ut was decided to make an
investigation Of the basic prin-
cipleS Of low temperature car
bOniZatiOn, and to develop do
mestic and boiler fuel by low
temperature carbOnizatiOn and
to develop, IL possible, equip
ment which would be success
full both economically and tech
nicalIy.
"This investigation has now
been completed. Commercial
plants embOdying the new prin-
cipIes have been designed, but,
due to present business cOndi-'
tiOns, their construction has
been postponed"
Puening'S address to the dele
gates created a sensation at the
coal conference. The process he
described has engrossed scientists
in Europe and the Orient, and has
generally met with failure.
Opinion among the host Of Scien-
fists at the conference was sharp
ly divided on Puening'S paper.
To Yield Is Per Cent
He told the. delegates they must
decide whether scientific develop
ments should find new markets
for coal and it's by-productS or
whether economic agreements and
political pacts, such as those de-
signed to regulate production or
fix prices, would be resorted to
in an effort to aid king Coal" "
He explained intimately the
process which KopperS engineers
have developed and said that such
plants as they propose to con-
struct would show earnings SUI
ficient to yield a profit OF Is
per cent net.
The Washington times., 1931-11-19
PRICES ON CURB
|RREGULARLY. ].
Hbuu~~~
LOWER
Losses Are Small and Some
Stocks Move Up When : !.
Pressure Is Removed 3

NEW YORK, Nov. 19 UNS).
Despite outward indications Of
weakness the Curb Market as o.
whole did not fare at all badly in
today'S session. 81
Leading stocks at all times.
maintained themselves within re-
spectacle working reach of their
previous closing levels. -
Some Make Gains 4,
A few of the well-sponsored
favorites actually moving up into
the plus column when pressure
showed signs of tightening alongs
toward the noon hour. =
The utility group held within q.
comparatively narrow range. Elec;,,
trio Bond and Share. after an
early dip to 1873, came back to
1875, for a net gain of 1s. AM,
erican Gas and Electric, Brazil
Traction, Niagara Hudson Power,
and United Gas we're other favor
ties to hold steady. The only
issue to show signs of weakness
was American Light and Traction
which fell back IA points to 1854.
Investment Trusts Off :.
Investment trusts were again.
lower. Goldman Sachs was,
pounded rather severely but de.
spite a fractional decline to 25s,
managed to hold above its old
low. Continental Shales convert
IDLE preferred was off a point at
7 and United Founders was IA
lower at 234. +,
The Washington times., 1931-11-19
Perpetual Concern
Re-eLectS Officers

Officers and directors Of the
Perpetual Building Association
have been reelected as follows:
James Berry, president: Arthur
@. Bishop. vice. president; Ed
ward C. Baltz, secretary; Marvin
A. Custis, treasurer: Raymond K.
Espey. assistant secretary; John
c. Scofield, Vernon G. Owen,
Franklin w. Harper, DR.. William
G. Schafhirt.
Assets of the association are
now in excess of $4,000, ,00c, it
was announced yesterday, follow
ing the associations annual meet
ing. This total represents a gain
OF $2,750,000 in assets during the
current year.
The Washington times., 1931-11-19

business leader" who is able to
think straight on economic sub
jects and say worthwhile things.
In his address before the Inter
national Conference on Bitumi'
nous Coal he discusses two ques-
tions of great public Importance.
His discussion merits close atten-
ton.
ClamOring for Relief
The coal industry, like the oil
and lumber industries, has been
clamoring for a change in the
antitrust laws. It is claimed that
competition works badly in this
industry and that valuable natural
resources are wasted, as a result.
The coal people say that the
only way they can remedy the
situation is to combine in ways
now prohibited. Mr.. Taylor told
them:
II find il extremely hard to
believe that constructive, CO.
operative plans, sincerely under
taken for nationally adjusting
production to demand in q
basic industry and which avoid
any attempt, artificialIy, to fix
or control prices, can be re-
garded as q restraint Of trade
and commerce"
COmbinerS Too HOggiSh
He says that without, Govern
ment action the industry can,
under the present laws, make con-
structive plans if it acts openly
with competent lega! counsel and
in cooperation with the Govern
ment.
I think Mr.. Taylor is quite
right. The great trouble with our
would-be combiners in business
is that they are too hoggish and
in too much of a hurry. They
want to start by fixing and con-
trolling prices.
To fix a price by agreement is
not only in violation of our stat
utes, but is contrary to the eco
nomic law of supply and demand.
Such action is sure to fail, sooner
or later.
Intelligent Planning
But if the industry would start
with an honest and open ascer-
tainment of production costs
(perhaps with Government coop
eration) and then agree that
mines which produce at a loss
would be closed, no one could OBJ
ject. That is just what intelli-
gent competition would do.
The price would then rise in
a natural way to cover cost of
production.
The Washington times., 1931-11-19
Aetna Life Reports
Good Business Here

p. D. Sleeper, general agent Tor
the Aetna Life Insurance Com
pany for the Washingotn-Virg1nla
district, thinks there is reason to
feel encouraged over the business
prospects in his territory.
While there have been discour.
aging reports from some sections
of the country, indicating a slight
reduction in the amount of life
insurance written in 1881, bust
ness of the Aetna Company for
the Washington Virginia district
has shown a healthy condition.
The Washington times., 1931-11-19
France
Quarter Net Jumps

American-La France and Foa-
mite Corporation, reports for quar-
ter ended September 80, 1881, net
profit of $14,235 after interest,
depreciation and taxes, equal to
"a cents a share on $4,000 shares
of 2 per cent preferred stock.
This compares with net loss Of
1O7, 1923 in preceding quarter and
net loss of $4,881 in September
quarter of previous year.
The Washington times., 1931-11-19
Profit
For Year Increased

DETROIT, Nov. 19.-Kelvinator
Corporation. for the fiscal year
ended September 30. reports net
profit of $1,76l.709 after all
charges, including Federal taxes.
equivalent to $1.53 a share on
1882, 1876 shares for the year ended
September 80, 1880.
The Washington times., 1931-11-19
BitUnainOlGS Stocks
ShOU Bio Increase

Commercial stocks Of bituml-
nous coal, on hand october l,
totaled 34,5O0,O0O tons, against
80, 100, 900 tons September l, and
$1,000, 900 tons October /, 1880,
the Bureau of Mines reported
yesterday. The figures are i'm
portant in that the coal is used
chiefly for commercial purposes,
and furnishes a key to industrial
activity.
The Washington times., 1931-11-19
Postal Savings Set
S527.I3O.I5O Marx

Postal savings deposits on Oc-
tober 81 amounted to $527, ,1SO, $50,
according to the PoStoffice Depart
ment. A month previous they
totaled $3.50, 200, 900.
Postal savings deposits of more
than $527 ,0O0, 900 are the highest
ever recorded,
The Washington times., 1931-11-19
Ticker Club Defers
Next FridGy'S Fete
CirCun1StanC

Circumstances have arisen
which will prevent the at
tendance of. Thomas r. Cox, of
the New York Stock Exchange,
at the dinner of the Washington
Ticker Club, which was scheduled
for the Friday evening after
Thanksgiving, and the club has
postponed the dinner until a
future date.
The Washington times., 1931-11-19
PEOPLES GAS INCOME

Net income of Peoples Gas Light
and Coke Company, Chicago, dur
ing the fourth quarter of 1881
will show the usual large seasonal
rise over third quarter net, but
will run about $780, 900 under the
record net of $2,269, $50 in the
final quarter Of last year.
The Washington times., 1931-11-19
HUDSON 1882 ESTIMATE

Three hundred Hudson and
Essex distributors from all Sec
tions of the country in conference
with company executives in De-
troit indicated that in 1882 they
would buy approximately $75,OOO,"
900 worth of automobiles.
The Washington times., 1931-11-19
Bits of Better
Business

Aetna Life Insurance Co.
reports good District Of Co
lumbia business.
Postal savings set mark
ab/ve $527, ,OOO, 900.
KeIvinatOr profit up 10
per cent this year.
American.La France loss re-
placed by profit.
The Washington times., 1931-11-19
MERGENTHALER LINOTYPE co.

Brooklyn, y. Y. November II, 1881
DIVIDEND NO. 144 N
quarterly dividend of Sl.jO upon each Of
the 9J6000 shares Of present outstanding stock
of no value Of Mergenthaler Linntype Com
Dany will he paid on December 81 1881. 10 the
stockholders Of record thev appear at the =
close of business December .. 1881. The
Transfer Books will not be closed -.
w. W. WELSH. Secretary. ?
The Washington times., 1931-11-19
WASHINGTON STOCK EXCHANGE
SALES

Washington Gas 6s B, $1,000
@103.
Washington Gas SIS, $1,000
10034.
Potomac Electric 51as pfd., 100
107A.
Potomac Electric IS pfd., 100
1111a, 2@111R.
The Washington times., 1931-11-19

New York funds in Montreal, $1O5
premium on $1,000
Montreal funds in New York, $1O5
discount on $1,000.
The Washington times., 1931-11-19
COMMON SENSE
HELD NEED IN
MERGERS
Possible Under Present Law
II Hoggishness Is Set
Aside, Says Haney
By LEWIS HANEY

BY LEWIS HANEY
Director New York UnlverHity Bureau
Of Business Research
Myron c. Taylor. chairman OF
the finance committee of the
U. s. Steel Corporation, is one
The Washington times., 1931-11-19
FOREIGN EXCHANGE

BY Interna tional News Service
NEW YORK. Nov. 10
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-04-01
ENaEHAN Wins
TRUCK FEE TEST

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