davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1931-01-06
PRICES LOWER
ON CURB

NEW YORK. Jan. 6.-Gen-
orally lower prices accompanied
another listless session on the
curb market today, with the.
rather persistent run Of offerings
depressing most stocks moder-
ately, although good support was
uncovered on fair-Sized recesSionS.
A handful of selected favoriteS
were able to record moderate
inroadS into higher territory, but
these proved the exception to the
sulkinesS Of the list as whole.
Traders in general were inclined
to view the technical position Of
the market as somewhat weak
ened after it's extensive upturn
Of last week, although many
quarters were advising the accum-
mutation of the better grade
stocks on all SetbackS.
With few tangible signs of bet
terment in trade and industry
visible. and with rather disap-
pointing fourth quarter and an
nual earnings statements still to
come to hand, the prospects for
q sustained upturn at this time
were not regarded as particularly
bright.
Cities Service was again aggres-
sively bought, with a further ad-
vance Of fractional proportions to
17A, lifting it to the best levels
it has yet reached on the recov-
cry from the mid-December lows.
Utilities were mixed with a
moderate rebound at midday can
ceiling the greater portion of the
earlier losses, although the ma
jority Of utility issues were frac-
tional1y lower. Electric Bond and
Share rallied from 43 to A, to
rule unchanged from it's previous
close, but such low-priced active
favoriteS as American Super
power, American and Foreign
Power warrants, Brazilian Trac-
ton, Niagara Hudson Power, Mid
die West Utilities, United Gas
and United Light and Power
eaSed off slightly.
The Washington times., 1931-01-06
PRICES SLUMP
DURING FIRST
HALF HOUR
Grigshy GrunoW Rise Feature
of LoW-PriCed IndustrialS,
as Merger Is Rumored
By w. S. COUSINS

NEW YORK, Jan. 6 Q.N.S0.
In the absence of outside buying
demand, Or of special incentive
from financial and industrial
sources, all sections of the stock
market moved sluggishly through
q narrow price range this morn
ing.
Transactions fell under 100000
shares in the first half hour, and
trading was confined to COM
paratively small number of in
dustrial, utility and speciality
favoriteS. Prices slumped off at
the opening, rallied near the end
Of the first hour, and reacted in
the second hour.
Auto Stocks Drop
No attempt was made to boost
the automobile stocks on the
strength of the good reports COM
ing out of the motor show.
Goodyear was again under pres
sure and dropped off 3A points
to 40 on reports of further con-
templated reductions in tire
prices. Goodrich sold off about
q point at 1874. General Motors,
Studebaker, Nash and other
popular automobile shares sold
fractionally lower.
Grigsby Grunow's rise to 4 was
the feature of the low-priced
industrials. Strength of the
stock was based on rumors of a
possible consolidation of the COM
pany with the radio division Of
General Motors Corporation
Grain, Cotton Fall
Both the grain and the cotton
markets came under the influ-
ence of lower cables from the
British markets and prices ruled
slightly lower. Call money was
again available at l per cent in
the outside market, with the Of
ficial rate at ~ per cent.
Speculative interest in the
market was near the vanishing
point near the noon period.
The Washington times., 1931-01-06
OIL
SALE|SOFF

Negotiations for the purchase
of the Richfield Oil Co., of New
York, local subsidiary of the Rich
field Oil Co., of California, by one
of the leading producing and re-
filming companies in the industry,
have been called off, the Even
ing Journal learned today.
Although no definite announce
ment has been made concerning
the negotiations, it was under
stood that the Sinclair ConSoli-
dated Oil Company was to &C.
uuire the New York subsidiary
through purchase for cash, thus
permitting Richfield to concen-
trate it's operations on the Pa
cific coast, and at the same time
giving Sinclair the nucleus for
distributing facilities in the
Eastern territory.
The Richfield Oil Company, of
New York was incorporated in
October, 1923, but did not &C
tually begin to function until
early the next year. 1t was or
ganized to acquire several Eastern
distributing companies, including
the Acewood Petroleum Corpora
ton and the Walburn Petroleum
Company. Since it's inception it
has acquired the Peerless Oil Co.,
Sherwood Bros, Of Baltimore, and
a chain of eight gasoline stations
on Long Island. Authorized CAPT
tai consists of $500 shares Of
preferred and 500 shares Of COM
mon stocks. For the first six
months Of 1880 the company had
q deficit Of t921,80
The Washington times., 1931-01-06
Tobacco Firm to
Increase PubLicitU

The American Tobacco Com
pany and its subsidiary, the
American Cigar Company, open
the New Year by placing in the
newspapers of the country the
largest Lucky Strike advertising
campaign and the largest Cremo
cigar advertising campaign in the
history of either company.
Agents are today forwarding
orders for these campaigns. The
great growth in the sale of these
popular brands, Lucky Strike and
Cremo, has been made possible
by the power of newspaper ad-
vertising, officers say.
Officials Of the company be-
Iieve that this year, like 1890,
will be q year of bigger business
with them.
The Washington times., 1931-01-06
STRONGER
BANK POSITION

Bankers recognize that their
business carries especially heavy
public responsibilities and vel
come all sound measures to aid
them meet the duties this imposes,
Rome C. Stephenson, president Of
the American Bankers Associa-
ton and vice president of the st.
Joseph County Savings Bank, Of
South Bend, Ind, declared today.
'Unceasing efforts to bring
about continually improving
methods to safeguard depOsitOrS
in banks Of all kinds have long
been uppermOSt in the plans Of
bankers organizations through
out the nation.
"The American Bankers AS
sOciatiOn," he said, "and bank
ers' organizations in every State
actively support the principle OF
Government supervision Of
banking. Present laws ade-
quateIy enforced contain ample
provisions for Government su-
perViSiOn.
"The events Of the past year
have brought about, / am con-
fident, q stronger banking stu
alton by eliminating some un'
deniable weaknesses. Despite
the prominence in the news OF
banking difficulties, only small
fraction Of total banking figures
are affected and even a smaller
amount Of deposits will actually
be lost since most closed banks
win pay in fun or . large part"
The Washington times., 1931-01-06
Leaders Optimistic

Leaders of the automobile and
other industries are optimistic
with respect to a gradual upturn
in business in the year upon
which we have just entered.
Financial experts, however, ct"
tach more Importance to q
sustained improvement in bonds
than to an occasional upSwing
in stocks. Strength in bonds
must necessarily precede any real
turn for the better in the stock
market and for that reason the
best of the investment advisory
services are recommending cur
rent purchase of good grade
bonds rather than corporation
stocks. Present conditions are
in nearly every detail favorable
for a rise in bond values, but
improvement in stock values,
when they come, must reflect a
decided change for the better in
corporation earnings. There are,
and always will be differences
of opinion as to when this change
will be brought about. 1t is this
difference of opinion that makes
the stock market.
Fixed Income
The conservative investor Will
naturally devote his major in
terest and attention to fixed in
come securities, including pre-
ferred and common stocks.
Stocks which are able to con-
tinue current dividends into the
next year or two are attractive
from. the speculative as well as
the investment standpoint.
Utilities Gain
Representative public utility
stocks, quoted at 1877 times eSti'
mated 1880 profits throughout
the past year, occupied the posi-
tion of leadership on the New
York stock exchange on a market
price-earnings ratio. This how
ever represented a substantial
readjustment from the 1929 ratio
which ranged at periods from
80 to 40 times earnings and
averaged 1872 times for the entire
year.
Lowest Ratio
The lowest earnings ratio 10
the market price of shares m
1880 was shown by amusement
stocks, four of which set an
average selling price of Al times
earnings during the past year,
compared with 8:9 times earn
ings in 1929. Groups selling on
the average below the traditional
ten times earnings, in addition
to the amusernents, included the
agricultural machinery group, the
hide and leather group. ma.
chinery group, railroad equip
ment group. retail merchandising
group textile group, and tAe
tobacco group.
In addition to publc uteity
shares, groups quoted above the
ten times earnings ratio inchaded
automotives and accessories,
building construction. chemicals.
electrical equipments, foods,
metals, oils, steels and railroads.
The Washington times., 1931-01-06
IMPROVEMENT
IN BOND MART
SEEN DUE
Experts Attach Importance to
Sustained Action of Bonds;
Further Stock Rise Seen
By THE WALL STREET
SPECTATOR

All sections of the stock
market suffered a moderate
reaction on Monday, follow
ing four days Of almost un-
interrupted advance pre-
ceding and following New
Year. With a volume Of
transactions only slightly in
excess of 100000 shares,
the market showed its ability
to absorb profit taking in
short selling in. good form.
Evidence of increasing short
selling is seen in the fact
that even the dividend rails
are now ''loaning" flat or at
small premiums.
The Washington times., 1931-01-06
CHICAGO Cash GRAIN

CHICAGO. Jan. (I.N.s.).-WheAt:
{; Corn@No. 3 mixed. ss0ssEc; No. !
mixed, 65h 066c; No. mixed. ESQ
631ic: No. 3 yellow. .66h 06Sc; No.
64%c; No. yellow, b3A.c; No. . wAtte
69h @71hc: No. white, s7he. Osa
and new No. yellow, sg4Tlhg.
Qats-Nn 3 WhfSo, SSA WSSHe; 4N'
wfi9to, S3e.
The Washington times., 1931-01-06
1880 Auto Production
Put at $685. 900 Units

National Automobile Chamber
of Commerce preliminary figures
place 1880 production Of cars
and trucks in United States and
Canada ak S,5a5, 600 units against
6.621, zoe "a 1929
The Washington times., 1931-01-06
WASHINGTON STOCK EXCHANGE

Furnished by W. B. Hibbs & Coz
Potomac Electric Consolidated
IS, $1,O00@103.
washington Gas IS "A", $1,000
1902; $1OO@102; 1OO@1G2.
Washington Gas IS B." $1,000
@105A.
Capital Traction Company, 11@
401s.
Potomac Electric 51as preferred,
100 1903; 10@1081s; 10@108.
Barber & Ross common, 25@12.
Federal American common, 10
@2712.
Mergenthaler Linotype, 5@86A;
10@865s: 5@87; 10@865s.
Real Estate Mortgage & Guar
anty preferred, 50@612.
After Call
Potomac Electric Consolidated
SIS, $1,000@103.
Potomac Electric 512s preferred,
10@1O81a.
American Security & Trust Co.,
1O@345.
Capital Traction Company, 100
@4O1a.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1931-10-30

in Indian warfare. A furious bayonet charge
drove them back but again they came bounding
and screeching up to the believing guns and
tomahawked the artillery men. st. Clair had
eight bullets through his clothing, shot had
grazed his head. but he otherwise unframed
In spite of his age and his Illness several times
he personally, with sword in hand led charges
against the Indians But he saw that the game
was up Either he must lead his army out of
this trap it would be massacred where it
stood.
Ordering one of his officers to lead charge
with the regiment of regulars. he took advantage
of this diversion to begin his retreat. But the
moment that his undiscplined started to
retire along the narrow road, panic struck them
In moment they lost all semblance of organ
iZation. The retreat soon became a rOut
and then wild flight for safety. The army
now reduced to terror-stricken mob which
ran frantically down the road throwing away
their arms and leaving their wounded to their
fate.
AS the soldiers ran through the woods the In.
dams followed close on their heels, whOOping
like demons. They sprang upon the unarmed
men with knife and tomahawk and cut them
down with almost resistance For several
miles the pursuit continued. The only thing
that saved the army from humiliation was the
fact that the Indians were in hurry to return
to st. Clairs camp for the rich booty which it
Americans were killed and nearly 800 were
seriously wounded.
Greatly encouraged by their success. the tribes
of the Northwest continued their depredations
and it was not until three years later that the
vigorous campaign of Mad Anthony" Wayne
eliminating in the Battle of Fallen Timbers
broke the power of the Indians and brought
peace to the harried frontier.
In Waynes army young Virginan
rho fbo
praise of Wayne for his bravery and GOODNESS
at Fallen Timbers. Soon afterwards Lieutenant
Harrison. although he was only twentythree
years old. was made commander of Fort Wash
ington and later the President appointed him
secretary of the Northwest territory. In 1899
territorial delegate to congress and later when
Harrison was made its first governor and super
intendent of Indian affairs.
BY 1909 the Indian situation had again become
critical. Angered by white encroachments upon
their lands and by what they claimed were vio-
lations of treaties the Indians were ripe for re-
volt. All they needed was a leader and this
leader soon appeared He was Tecumseh chief
of the Shawnees who dreamed again the dream
of King Phillip and Pontiac for confederation
of the Indian tribes to resist the advance of the
white man.
Tecumseh was greatly aided in his project by
his twin brother, the Open Door, commonly
known as The Prophet. who to Tecumseh's
genius for leadership and organization added
a religious appeal to influence the Indians to
join in their scheme Tecumseh did not want
war until the Indians were strongly organized
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1931-10-30
p0ULIRY
I%SNQH I6s2S\
RESULT OF TRIALS
OF HEATED FOOD
High Temperatures Effect
on Poultry Ration.

Does the heating OF poultry rations
to temperatures sufficiently high for
FORMULATING the feed seriously affect
the nutritive value of such feeu?
Investigations at the Wisconsin Col
lege of Agriculture Indicate that no
detrimental effects result when heat
ing these feeds to temperatures of
40 to 149 degrees Fahrenheit for "a
hours. but that higher temperatures
result in greatly reducing the nutri-
tive value of the feed.
Chicks were used as the experiment
tai animals and were started when
two days old upon the ration treated
in various ways. The ration used.
with and without calcium carbonate,
consisted of yellow corn. middlings,
sOybean meal. skimmilk powder and
common salt, fortified after heating
The ratiOns did not seem to be i'm
paired when ii was heated to 140 to
149 degrees Fahrenheit At POS to 212
degrees Fahrenheit in the presence
or absence of calcium carbonate, or
when sodium carbonate constituted 0.5
per cent of the ration some injurious
effects on the nutritive value were
noted. But at $50 degrees Fahrenheit
there was marked depressing effect
on the nutritive properties of the "a
ton.
In these experiments there was
noteworthy stimulation to the appe-
tite and growth through the addition
OF yeast to the rations made up OF
the heated feeds
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1931-10-30
Simple Directions for
Stamping Out Diseases

Follow these practical directions
step by step to rid the poultry houses
and yards of communicable diseases:
Collect all drOppings and litter in
the houses and spread II at once on
a field to which poultry does not have
access.
Scrape the floors. walls and ceilings
thoroughly, being careful to scrape
out all corners so that no dust or dirt
remains.
Remove and Gle out all hoppers,
drinking fountains, nests and rOosts.
Saturate everything in poultry
houses and yards with a reliable COM
mercial disinfectant. prepared accord
ing to the directions as given on the
original package. Be sure that the
spray mixture reaches all corners,
cracks and crevices
Repeat the application of disinfect-
ant after 10 days.
PlOw and crop, when possible, all
places where chickens have been al
lowed to run.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1931-10-30
Care of Setting Eggs

How long can we keep eggs with
safety? Two weeks Is the practical
limit and even then the hatchability
and INABILITY can be reduced as much
as 30 per cent through carelessness in
minor matters. The eggs should be
stored in cool dry place. where the
temperature varies little. Turning or
fitting at different angle daily or
twice daily helps. The eggs should he
cooled TO the storage room tempera-
ture before heing put in cases or other
tight containers
Eggs that have been laid within
week furnish the best material for an
incubator or setting hen to turn into
a high percentage of chicks that will
be Matched normally and live.-Ex-
change.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1931-10-30
Poultry Notes

The number of chickens In Iowa has
nearly doubled in the last 80 years.
Even-sized chicks thrive best; do not
mix different ages and expect the
youngest to get along well.
Indiana demonstration flock reports
show that egg receipts account for 70
per cent of the total revenue and meat
sales for the other 80 per cent. Feed
costs make up 20 per cent of the total
cash expenses.
Buyers are finding that brown egg
is as good as white one and are not
so willing to pay the premium for
white eggs.
Some 3O2.637 hens were culled In
"a counties In New York state last
year and 20 per cent were removed
from hocks
During the last several years there
has been a decided increase in the de-
mand for bloOdtested poultry stoca !.
also, a demand for chicks produces
from a known source near homs-
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1931-10-30
Next Seasons Flocks

In planning for next seasons crop OF
turkeys, breeders should be on the
lookout, for healthy hens and vigorous
toms. Remember that they should be
in no way related. Buy or exchange,
securing birds from another neighbor
If possible. Much of the difficulty ex-
perienced in turkey raising today is
due to the vicious practice in too many
instances of mating related stock. The
same advice applies to Hooks Of hens.
as well as ducks and geese.-Los An
geleS Times.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1931-10-30

lust a tasteless dose of Phillips
y Milk of Magnesia in water. That
is an alkali, effective yet harmless. It
has been the standard antacid for
so years. One spoonful viii neutralize
at once many times its volume in acid.
It's the right way. the quick, pleasant
and efficient way to kill all the
excess acid. The stomach becomes
sweet, the pain departs. You are
happy again in five minutes.
Don't depend on crude methods.
Employ the best way yet evolved in
all the years of searching. That is
Phillips Milk of Magnesia. Be sure
to get the genuine.
The ideal dentifrice for clean
teeth and healthy gums is Phillips
Dental Magnesia, a superior tooth
paste that safeguards against acid
mouth.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1931-10-30
Start Clean

October is the month to clean up
poultry yards. range and houses. Clean
up in the sense of getting rid of
market stock from the laying houses,
and Of the debris that gathers in a
chickens. Where does all the dirt
come from? We could swear there
wasn't dead chicken about the place
but digging into Out-of-the-way places,
cutting down weeds, going through
the range shows tina. there have been
casualties. We were sure every nest
OF eggs had been found. if there were
any hens or pullets laying out, but
now we find that some remain.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1931-10-30
A Winner of the West

WHEN the French and Indian war
w ended, it was decided that Eng.
disappearing people and not French
should rule the North American CONT
r ent. But there was still one factor
to take into consideration before that
rule should be established-the red
man, traditional ally of the French
True, the conspiracy of Pontiac had
failed but he still barred the way"
Six expeditions sent by the British
to receive the surrender Of the French
posts in that country hid been turned
back-in some cases the ENJOYS were
stripped, beaten and threatened by
drunken Indians. 1t looked as though
the Englishman would have to fight
again for what he had already won.
Fortunately, however, General Gage,
British commander in chief, needed
the recommendation of Col. Henry
b uquet, the victor at Bushy Run. that
George Croghan. an English trader and
Indian agent, be intrusted with the
task of occupying the western country
bv negotiation.
So Gage supplied Croghan with more
than $4,000 worth of gold. silver and
presents for the tribes in the Illinois
country and in January, 1865. he set
out from Philadelphia in advance Of
his convoy of eighty pack horses. Soon
after his arrival at Fort Pitt came the
news that the unruly frontiersmen of
Pennsylvania had attacked his convoy.
seized all the presents, charged him
with corrupt relations with the Indians
and threatened his life if he ever re-
turned. Undiscouraged by this. Crog-
han procured new presents by giving
his personal note for them and. ac-
companied by Delaware. Shawnee and
Seneca chiefs and few white men,
he set out on his dangerous mission.
A month later his party was at
tackled by hostile Indians and all OF
his followers, except two white men
and three Indians. were either killed
or wounded. Il, myself, was toma-
hawked." wrote Croghan back to Phil
adelphia, But my skull being pretty
thick. the Ratchet would not enter. SO
you see a thick skull is of service on
some occasions" Finally. after a Sc
ries of mistreatments and forced
marches in captivity, Croghan reached
what is now Indiana and was finally set
free. Pushing on into Illinois he at
l. Il was able to find PONTIAC whom ne
won over by his diplomacy so that the
great chief promised that he would no
longer oppose British occupation of
the West.
(6a 1891 Western Newspaper Union,