davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1931-10-31
PREMIER STOCK
LURES PUBLIC

There has been a decided
popular trend toward acquisition
of preferred shares in the past
few years by individual investors,
banks, investment houses, in
surance companies and other
fiducfary institutions. = .
All example of the rapidly in
creasing sentiment favoring in
vestrnent in preferred shares is re-
Elected in the remarkable growth
in stockholders of Hearst Con-
solidated Publications, Inc. Since
William Randolph Hearst first an
nounced his policy of customer
employe ownership in the news
paper enterprise Is months ago,
more than $4,000 stockholders
have been enrolled on the books
Of the company.
Despite the business depresSion's
severe inroads on corporate earn
ings, Hearst Consolidated Publica-
tions, Inc, has been a shining ex-
ception to the general rule. Net
earnings for the first three-quar-
ters of the current year were
equivalent to $500 per share on
the authorized issue of 2,000,-
600 shares of Class "a" 7 per
cent cumulative participating pre-
ferred,
The Washington times., 1931-10-31
.N|LKMEN GIVEN
TRADE TIPS

ATLANTIC CITY, N. j., Oct. 81.
Delegates to the annual conven-
tion of the International Associa'
stion of Milk Dealers were today
sgiven Al methods of overcoming
the business depression.
r. A. Webb, of Chicago, ad'
dressed the convention on How
to Fight Hard Times ana listed
ii suggestions which had been
compiled by the executive offices
Of the association during the past
two months. He said:
: "The greatest economy to the
individual dealer is to get ac-
quainted with your competitor
and work with him to promote
greater efficiency in the indus
try. Put the industry in order
by eliminating any bad prac-
tices which may have creeped
in and wen be in a position to
win out in this fight against
hard times
Daylight milk deliveries, reduc-
Ing bottle losses, motorization of
delivery vehicles, installation Of
new labor-Saving machinery, prop
er accounting methods, closer SUI
perviSion Of purchases, anti-acci
dent campaigns, elimination of
special deliveries, and reduction
of the returned merchandise evil
were among the suggestions which
Webb listed.
The Washington times., 1931-10-31
BAUMAN HEADS
LOAN GROUP

Chaplin B. Bauman, q member
of the board of Oriental Build
ing Association, No. 6, was
elected president of the local
Council of Building and Loan
Associations last night. Carl j
Bergman, treasurer Of Washing
ton Permanent Building Associa,
ton. was elected vice president.
William S. Quinter, president
of District Building Association,
was elected secretary, and Mil
lard T. Dixon, treasurer of Ma
tional Permanent Building AS
sociation, was elected treasurer.
The executive committee is
composed of the above officers
and c. Clinton James, Columbia
Building Association; James l..
Sherwood, Northeast Building AS
ISOLATION; James F. Shea, Mutual
Serial Building Association: John
B. Geier, National Permanent
Building Association; George M.
Emmerich. Northern Liberty
Building Association, and Edward
c. Baltz, Perpetual Building AS
sociation, retiring president of the
council.
The Washington times., 1931-10-31
Hoover Sees Easier Credit
AS Prosperity Sign

Belief that the financial crisis
in the United States probably has
been passed was expressed by
high officials today.
Somewhat easier money condi.
tionS were indicated by the fact
that the Government was able to
obtain about 100000, 900 in 90-day
money at 2 1-3 per cent compared
with 2.69 per cent on a similar
issue a week ago. Subscriptions
to the new issue, to be dated
November 2, were oversubScribed
by $100,000,000 more than previ-
Gus.
Hoover Notes Change
Money conditions of the week
drew an optimistic statement from
President Hoover. who saw in
them signs of a great change"
for the better. He said:
II am happy to note the
very great change which is
evident in the credit situation
since the announcement Of fl
nancial plans on October 7.
Following abandonment Of
the gold standard in England a
wave Of great apprehension
spread over the country. Hoard
ing of currency rose to the
high point of $500, 200, 900 .
week between that time and the
The Washington times., 1931-10-31
Falls POUer Firm
Hearing Is Granted

The question of increasing the
capitalization of the Niagara Falls
Power Company will be taken up
at a hearing here December 8, the
Federal Power Commission an
nounced yesterday.
The power company now holds
a temporary permit to divert an
additional 275 feet of water at
the Falls for power purposes, max
ing its total diversion 10000 feet.
The question of extending this
temporary permit, which expires
August 81 next year, will be
taken up.
The chief point, however, will
be the question of allowing the
company to increase it's capital
account for these new water
rights. Engineers and account.
ants of the power commission
have been studying the question
since last April.
Governor Franklin Roosevelt,
chairman Of the State Public Ser.
vice Commission, and company
: officials, have been notified of
the hearing,
The Washington times., 1931-10-31

announcement of the credit
pool and other credit measures.
Country bank failures had
risen to nearly Is a day during
this period. At the same time
the drain of gold abroad due
to the alarm of foreign holders
of American credits had in this
period risen to as high as over
$500, 100000 a week.
Evidence over the last
week indicates that not only
has boarding ceased, but
actually 100000 of boarded
money has returned to the
banks. The small bank failures
have almO;' ceaSed-the last
report showing only seven out
Of 10000 total. Foreign ex-
changes are returned to a
basis at which it is no longer
advantageous to ship gold
abroad.
"The practical effect Of this
recovery is shown in an in.
crease in the price of wheat
by 10 cents or IL 1entS a
busheI and cotton by SIS to
$50 q bale"
Money in circulation dropped
off $24,000.000 during the week
ended Wednesday. an extremely
favorable factor indicating cash
may be coming back to the
banks from boarding.
The Washington times., 1931-10-31
STEEL AND OILS
ARE STRONG
At FINISH
American Telephone Higher
and Amusement Issues Up
as Auburn PAGES Motors
BY w. S. COUSINS

NEW YORK. Oct. 81 G.N.SO-
The stock market continued to
extend its rallying movement
today with U. S. Steel, American
Can, and Allied Chemical, strong
spots in the industrial group.
Oils were in heavy demand in
the late trading, with Standard
of New Jersey and Houston, lead
ing all members of this list to
higher levels. American Tele-
phone and North American were
moderately higher in the utility
group.
Rails were stopped dead, after
early firmness. Amusements were
in active demand, with Loew's
and Paramount setting the up
ward pace.
Coppers were fractionally i'm
proved. Auburn ran up briskly in
the motor section.
United States Steel reached SO
and closed at 67l2 for a frac-
tional gain. American Telephone
and Telegraph closed fractionally
higher at 1874.
Bethlehem Steel was up u at
f26N; American Can up 13s at
S3A; Loew's up 13s at Al;
Standard Oil of New Jersey up
u at 341a; Houston Oil up 1b
at 303s; J. I. Case up 7s at 5012;
Auburn Auto up a point at 125 A;
Allied Chemical up 11s at 855s.
The Washington times., 1931-10-31
D, {. CLEAR|NGS
DROP HARD

Bank clearings in Washington
were $18,825,00O for the week
ended October 20 against $685.
lot 900 the previous week, and a
loss of more than 18 per cent,
and of per cent from the same
week last year.
Clearings for the country in
the same period show a rather
severe decline from the previous
week of 11.9 per cent. This in.
crease when adjusted shows a
more than seasonal decline, which
has continued for the third sue.
cessive week.
The preliminary figures Of
Bradstreet's adjusted index stands
at 56.3 this week, compared with
$50 last week and 59.7 the prev
ious week.
The Washington times., 1931-10-31
UPTURN
ON BONDS

NEW YORK, Oct. 81 G.N.S0
Foreign government bonds and
good grade industrials we're the
leaders in slight upturn in prices
in the listed bond market today.
Railroad bonds were dull and
quiet, with narrow price changes.
Serbian government 8's moved
up a point to SIS. Syrian prov,
ince rs jumped 7 points to SIS.
Medellin 61as were up IA at "a,
and German Agricultural Bank
IS up 11s at 1914.
Liberty bonds and Treasury is
sues moved into slightly higher
levels in quiet trading. Liberty
31a's sold at 1928, up 5-32, first
4As at 101 2, fourth 414s at 1914,
Treasury 414s at 104.16, Treasury
As at 1O1.12, Treasury IS at 92.3
and 31ss at 93.4.
The Washington times., 1931-10-31
NEW DEBT DEAL
TOBE SOUGHT +
BY BERLIN
Scrapping Of Young Plan to
Be First Object of Drive
For Reparations Revision

BERLIN, Oct. 81 QN.S).-An
entirely new deal on reparations
involving throwing the Young
plan into the discard is the aim
of German diplomacy, it was
disclosed to International News
Service today through authorita-
tive sources.
It is for this reason that the
foreign office so quickly issued a
categorical denial early this week
of published reports that Ger
many intended to move at once
for an extended moratorium
under the Young plan with
possible scaling down of repara-
tion annuities in the offing.
That course will be taken only
as a last resort and If the con-
verSatiOnS now in progress fail
to achieve fruitful results.
In the first PLACE the German
government, International News
Service was informed, desires to
avoid taking the initiative.
Responsible officials are deter.
mined to resist French pressure
to that end, though they fear
that the United States, as a
result of Premier Laval's con-
versations with President Hoover,
is about to join her influence
to that o. France in this
respect.
The Washington times., 1931-10-31
Gulf Lines to Cut
FreiQht on Cotton

A rate of 35 cents per 100
pounds in lieu of the existing
rate of about SO cents is pro-
posed on compressed cotton
moving from Galveston, Houston,
New Orleans and Mobile to Bos.
ton and Portland, Maine, via
New York.
The rate cut is proposed in
order to meet competition with
the regular steamship lines,
which are not regulated by the
commission.
The Washington times., 1931-10-31
PACIFIC LIGHTING CORP.

Pacific Lighting Corp. and
subsidiaries report for IL months
ended September 80, 1881, net
income Of $7,446,797 after taxes,
interest, depreciation. amortiza"
tion, preferred dividends of sub
sidiaries and minority interests,
equivalent after Pacific Lighting
Corp. preferred dividends, to
SAIL a share on 1,608,631 no-par
common shares.
The Washington times., 1931-10-31
Big Increase ShOWn
In Use of Gasoline

Gasoline consumption in 46
States and the District of Colum.
bia in August as indicated by
reports made under the tax laws
totaled 1923, 3,243, 900 gallons COM
pared with 1,35O,682 900 gallons
in August, 1880, an increase of
72,561 900 gallons, or 5.4 per
cent.
For the eight months gasoline
consumption totaled 9,322,721, 900
gallons contrasted with 8,947,-
788,000 gallons in the same
period in 1880, increase of 274,-
933,000 gallons. or AZ per cent,
the American Petroleum Institute
reports,
The Washington times., 1931-10-31
TREASURY MUST
PAY BILLION
BY DEC. Is
Mellon, Mills Study Character
of Issues to Go on Market
Just Before Holiday Period

Second in Importance to the
problem of writing the tax recon-
mendations for Congress is the
task Of Secretary Mellon and
Undersecretary Mills in planning
the re-financing of more than
$2,457,31O,OO0 in short-term ma
turing obligations of the Gov
ernment before March 16.
Character of Issue
The big question in this pro
gram, under study today, was
the character of the issue to be
put on the market December Is,
when nearly $1,000, 900. 900 in 3E2
per cent notes and 17s per cent
certificates must be retired.
About the middle of Septem-
Der gold exports started, and
increased boarding became evi-
dent with a consequent tight.
ening of the money market,
which have boosted borrowing
rates substantially.
No Less Than Four
Judging, from the more than 2
per cent interest that must be
paid for 90-day paper and the
fact that the September Is is
sue of 3 per cent bonds was
barely oversubscribed, it appears
unlikely the Treasury could float
large long-term issue AZ less
than per cent unless condi-
tions change vitality in the next
six weeks.
The Treasury has about $400,-
100000 in bills maturing before
January /. Most of these will
be met with similar issues.
The Washington times., 1931-10-31
BLLn1enthGL Mills
Net Profit Jumps

Report of Sidney Blumenthal
& Co., Inc, and subsidiaries except
the Caromount Mills for the
quarter ended September 80,
1881, shows net profit of $242,.
500 after depreciation, comparing
with a net profit of $142,160 in
the third quarter of 1880.
For nine months ended Sep.
tember 80, 1881, net profit
amounted to $1O2,956. In the
first nine months of 1880 net
profit amounted to $13O,028.
The Washington times., 1931-10-31
Earnings To Expand
Roanoke Shops Get
Biz Equipnent Job

ROANOKE, Va, Oct. 31.-The
Norfolk & Western Railway will
build 10 new 22.000-gallon engine
tenders and will make extensive
repairs to 500 steel coal cars at
it's shops here.
The Washington times., 1931-10-31
WRITING PAPER LOSS

American Writing Paper Co.,
mep reports for nine months
ended September 80, 1881, net
loss of $130.39O after taxes,
interest, depreciation, etc. This
compares with net profit of
S2O9.155, equal to $2.35 a share
on 1926 no-par shares of pre-
ferred stock in first nine months
Of 1890.
The Washington times., 1931-10-31
Ad Club VIII Hear
Talk bu McF1dden

Unfair advertising and un-
fair competition in manufactur.
ing and retailing" will be dis.
cussed by Thomas McFadden,
principal speaker at the luncheon
Of the Advertising Club of Wash
ington at the National Press Club,
Tuesday, at 1890 p. m.
The Washington times., 1931-10-31
MORE PATRONS
ATTENDING
MOVIES
Improvement Since August
Likely to Continue, Is View
of Standard Statistics Co.

Since the end of August, motion
picture theater attendance has
recorded considerable improve
ment, under the combined influ-
ence Of normal seasonal factors
The Washington times., 1931-10-31

and the release of a far greater
number of relatively high quality
pictures, says the Standard Sta
tistics Company of New York, ir
a survey of the industry, which
continues in part:
Trend To Hold
"Is is probable that this more
favorable trend will remain in
force during early future months.
Together with the substantial
reduction in costs effected
through numerous readjustmentS
during recent months. these fac
tors should result in consider
able relative betterment in
fOurth-quarter theater earnings.
Nevertheless, because of the
large scale decline in income
witnessed during the spring and
summer months, it is probable
that aggregate profits for the
full year 1881 will fall more
than 30 per cent below those
recorded in 1880.
From Iong-term standpoint,
the industry has made note
worthy strides during the past
year in the establishment of an
efficient basis of operating
costs. While further headway
in his direction undoubtedly
can be accomplished, we now be-
lieve that the major problem
Oe the industry lies in the dire
ton of expanding gross revenues,
if satisfactory rate of returns
is to be established on present
enlarged capitalizatiOnS.
Earnings To Expand
Standard Statistics predicts that
the industry will realize a gradual
expansion of earning power dur
ing the next few years. In the
meantime, however, such factors
as heavy maturing obligations and
the generally unpredictable shifts
in public taste for movies neces
sarily add a considerable degree
of speculation to the entire out
look for the industry.
The Washington times., 1931-10-31
Hot Liners Hit
| By Trade Bats

Profits jumped by Blumen-
thai mills,
Gulf lines to cut cotton
rates a third.
Roanoke shops get big rail-
way job.
Big gain shown in gasoline
use.
Imperial Valley press., 1931-01-28
FORMER SHERIFF
CILLET SUED ON
TRAFFIC ARREST

c. L. Gillett, former sheriff Of
this county, was named, together
with the Maryland Casualty COM
pany. as defendant in suit filed in
the county clerks office today in
which Thomas Amend asked $10,150
damages as the result of an acci-
dent and alleged false imprisonment
by Gillett.
The Maryland Casualty company
is named as defendant because it
was bonding company for Gillett
when he took office as sheriff.
Amend was jailed, he claimed,
after an automobile accident on the
Calexico highway three miles north
of Calexico last March. He spent
three hours in jail after an alter
cation in which both Gillet and
Amend claimed that the accident
was the fault of Jre other. Amend
was released from Jail without be-
ing formally charged.
Later, stated the complaint, he
was arrested on a traffic charge
and the case dismissed when he
was found not guilty.
He suffered great humiliation as
q result of his stay in Jail, stated
Amend.
Imperial Valley press., 1931-01-28
CrOcherOn Guest
OF Farm Bureau

Honoring B. H. Crocheron, direc-
tor of the agricultural extension
service of the University of Cali
fornia who is visiting in the valley,
a dinner was given last night at
the Barbara Worth hotel and at
tended by members of the farm bu-
reau and the extension service and
their wives.
Following dinner, discussion of
various problems was held, the
speech of the evening being made
by Prof. Crocheron who spoke on
the relationship between the extern
sion service and the farm bureau
He pointed out that the local
farm bureau had really been organ
lied through the extension service
and spoke on the ideals Of the serv-
ice and its work in helping farm
ers.
Crocheron is accompanied by A
Volz, who was also a guest ut the
dinner last night.
Imperial Valley press., 1931-01-28
Gangster Film
Opening Tonight

Ways of racketeering and racke-
teers form the basis of THE Door
. way to HE'LL opening tonight at
Fox Imperial Theatre, with Lewis
Ayres in the leading role of gang
steg leader who rules the under
world.
His own gang plots his destruc-
ton and uses every means to ac-
complish it, including marrying
him off to the girl of a supposed
friend and causing the death of his
young brother, whom he is trying
tc keep straight
The leader is imprisoned On
false charge but is released by his
gang through a Jail break, engi-
neered for the purpose of getting
him where they can take his life.
They succeed in this, but not before
the leader has had chance to do q
bit of squaring accounts for him.
self.
Charles Judels, Dorothy Mathews.
Leon Jannery, Robert Elliott and
others are seen in the cast,
Imperial Valley press., 1931-01-28
MASSED BANDS
WILL PROVIDE
MUSIC AT FAIR

At the opening date of the annual
mid-winter fair draws near, ar
rangements are being rushed to
completion and plans for entertain-
ment settled definitely.
Brawley and El Centre school
bands will be amalgamated into one
musical organization Of 10 pieces
and will play during the fair. Since
players from other communities will
be included in this group, 1t will be
one of the largest bands ever heard
in the valley.
Boy Scouts TO the number of 400
will act as escort to the various
governors on opening day. The
scouts will be assembled from all
troops in the valley.
A decision to cooperate with the
fair board was reached by the Mexi-
can chamber of commerce in Braw-
ley on Monday night.
Governor Trejo y Lerdo de Tejada
Of the northern district Of Baja
California will be the guest of Braw-
ley following opening ceremonies at
the fair grounds. A dinner will be
given in his honor at $50 o'clock
that night at the Planters hotel.
A special committee from the
Mexican chamber of commerce was
appointed Monday night to work
with the Brawley chamber banquet
committee in preparing for the af-
fair
Invitations have been sent to Ar
thur Brisbane, noted columnist, and
William Randolph Hearst, vel
known publisher, to attend the fair
Imperial Valley press., 1931-01-28
New Oil Company
Is Incorporated


Giving Ell Centre as the principal
place OF business of the new COM
pany, articles of Incorporation for
the Foremost Oil Company, Inc.
were filed in the county clerks Of
flee today.
Capital stock of the corporation
was given as s25,O00, consisting Of
$50 shares at par value Of 500
a share.
The firm will buy, sell and deal
in all forms OF petroleum products.
and carry on other business in con-
ncction with these activities.
Named as incorporators are L. r.
jefferson, John B. McNeece and
James w. Glassford, all of Ell Gen.
tro.
Imperial Valley press., 1931-01-28
NOTICE OF SALE OF PERSONAL
PROPERTY TO SATISFY
LIEN

Notice is hereby given that the
undersigned, Jno. R. Robertson, 567
Commercial Street, Ell Centre, Cali
fornia, will sell at public auction tc
the highest bidder, for cash, at the
above named place, on Tuesday, the
3rd day of February. 1881, at 1C
a. m. of the said day, the follow
ing automobile; to satisfy a lien for
storage. towing and repairs: under
section 5051 and 5052 of the Civil
Code of California, in the amount
of $3.50, and all expenses necessi-
tated by this sale.
Buick Sedan, 1924, Motor No.
l217090; plates missing, Oklahoma.
Dated at Ell Centro. California,
this 22nd day of January. 1891.
22t10
Imperial Valley press., 1931-01-28

Notice is hereby given that the
undersigned City Clerk Of the City
of Ell Centre invites and will receive
at his office in the City Hall of said
City up to the hour of 7:30 o'clock
P. M. on the 4th day of February,
1881, sealed proposals or bids for
furnishing the City of Ell Centre
with labor and materials for coating
the inside of the Water Tanks at
the municipal water plant in the
City of Ell Centro, to-wit:
For sand blasting and cleaning
the surface of said tanks and apply
ing one coat of Biturine Primer No.
7001 and one coat OF Biturine Ena-
mel No. zoos III accordance with the
specifications on file in the office of
the City Engineer.
The successful bidder shall fur
nish the City Council with con-
tract between himself and the man.
ufacturer and-or proprietor of the
patents of said specified paints or
other evidence satisfactory to the
City Council showing that he will
Dt dDlc W ODtdkll VIC IlldlS1 Aelio ol'C-
Gifted.
All proposals or bids shall be ac-
companied by a check payable to
the City of Ell Centro certified by a
responsible bank for an amount
which shall be not less than ten per
cent of the aggregate OF the pro-
posal or by a bond in said amount
and so payable signed by two sure
ties who shall justify before any
officer competent to administer an
oath in double said amount over
and above all statutory exemptions.
The City Council of said City re-
serve the right to reject any and
all bids.
BY order of the said Council.
Dated this 7th day OF January,
1881.
j. @. NEALE,
City Clerk of the City of Ell Centre,
California. 16tl2
Imperial Valley press., 1931-01-28
Rates Reduced
On Fertilizer

Southern Pacific officials an
nounce rates on shipments of fer
tilizer to become effective Febru-
ary 3.
The rate from Petaldma is 371z
cents per hundred pounds on car
load lots with a minimum weight
of 10000 pounds.
inland, Brawley, Ell Centro and
Calexico are given as destinations.
Imperial Valley press., 1931-01-28
LIVESTOCK MARKET

LOS ANGELES. Jan. %. U.P)-
Livestock.
Hogs-Receipts none; holdovers,
$50: two loads heavy easterns un-
sold; load 2l3-pound locals steady
at $8.25.
Cattle-Receipts, 200; holdovers,
500; five loads medium steers, $3.50
to $8.75; Texas steers, $3.50 to s765:
bulk cows. S4.75 to $6.35; calves. IS;
holdovers, 200; steady; load 339-lb.
Arizona calves, $3.50.
Imperial Valley press., 1931-01-28
Help W0nsed-EeDlals
LEGION PROMOTION ORDERED

PARIS, U.p)--M.. Theodore Steeg,
Premier of France, and former
governor general of Morocco, has Or
dered q special promotion III the
Legion of Honor for French colon
lists who quit the homeland to take
up land In the overseas possessions.
The first award will be TO those COL
onists who have aided in the expan-
sion Of work of pacification at the
peril of their lives.
Imperial Valley press., 1931-01-28

In 1880 there were 9731 boys and
girls enrolled in the All clubs OF
California, of which 1922 completed
their records; CTS more than the
1929 record.
Imperial Valley press., 1931-01-28
Furniture For Sale

FOR SALE-Genuine leather bed
davenport and two chairs to
match 500, cot and new mattress
So. sanitary couch $3.50, dining
table $2.75, bed 50, coil springs
$l.50, Vanity dresser $ll.50, cleo
trio iron Sl.50. 846 Broadway.
26t3