davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-17
A. W. ATWOOD TO SPEAK
Feature Writer to Address Bank
Group in Los Angeles.

Albert w Atwood of Washington,
editorial and feature writer for the
Saturday Evening Post. will address the
California Bankers Association at the
final session Of its annual convention
In Los Angeles on May %.
His subject will be wholesale Fea-
lures Of American Business and Bank
ing" Mr.. Atwood, through his extern
sive studies, Is one of the leading
authoritative writer's in the country on
business and economic problems. His
home In Washington is at IS Obeerva-
tory circle.
The Washington times., 1931-03-16
Billion Dollar Firms
NOw Number n in
United States

The list of billion-dollar corp
orations in America, selected on
basis of total assets, now num-
hers % and includes seven rail
roads, five public utilities, five
banks, four insurance COM
panies and three industrials, &C..
cording to a compilation made
by American Trustee Share
Corporation. They are: -.
American Telephone & 'Tele-
graph. U. S. Steel, Southern
Pacific, Pennsylvania Railroad,
Standard Oil of N. j., New York
Central, Canadian Pacific, Atch-
ison, Topeka & Santa Fe, Union
Pacific, Consolidated Gas of
. N. Y, Baltimore & Ohio, Cities
Service, Commonwealth &
Southern, U. S. Electric Power
Corp, General Motors, Chase
National Bank, National City
Bank. Guaranty Trust of n. Y,
p Continental Illinois Bark &
Trust, Transamerican Corpora
ton, Metropolitan Life ms. Co.,
New York Life, Equitable Life,
and Prudential ms. Co. OF
America.
The Washington times., 1931-03-16
OUTLAY Of j. s.
FOR BUILDING

Two dollars are being spent on
public works in the United States
to every one spent on similar
projects throughout the world.
This was announced yesterday
by the Department of Commerce,
which pointed out that American
projects account for about two
thirds of the $11,OO0,0OO,0OO to
stimulate employment and bust
ness throughout the world.
Road Work Announced
The two-to-one ratio holds
pretty well in most lines of build
ing, especially of road construc-
ton. OF this item the report
says:
"a recent survey shows that
the world expenditures for 1881
on roads will probably reach
the total of $4,000, 100000, of
which $4,000, 100000 will be
spent in the United States.
Building construction pro-
grams already approved in the
various nations of the world
aggregate over $4,000, 600, 900, Of
which again the United States
will account for twO-thirds or
more.
Other Nations Eisted
While the United States ex-
poets to have projects worth
more than $7,0OO,O0O,0O under
way during the year, the report
gives figures it has compiled
from other countries. These are:
Great Britain, $3.50, 900;
Denmark, $4O,OOO,OOO; Poland,
100000: Italy, $52,O00,000;
Sweden, $2O,OOO,OOO; Canada, $780,
100000; India, $2,OOO,O0O; Aus
tralia, $4,8OO,OOO; Czechoslovakia,
$2,3O0,O0O; Austria, $2,300,0OO,
and other countries smaller
amounts.
The Washington times., 1931-03-16
MARKET TRENDS
STILL SEEN AS
DEBATABLE
Spectator Finds No Certain
Indications of Actions as
New Week Opens on Change
By THE SPECTATOR

NEW YORK, March 16.-The
new week still finds the stock
market in debatable ground. with
few definite factors to indicate
whether prices are ready to make
another attempt to better their
February "a highs, or retreat
further on the downside.
1t can be said though that it
is taking considerably less effort
to put the market up than at
tempting to force it down, as
Saturdays recovery on unusually
small turnover indicated.
Experts Confuse One
The average investor, when
confronted with the conflicting
views of the self-styled experts,
becomes Immediately confused as
the arguments put forth by both
factions are undeniably sound.
On the bear side of the ledger
is given the persistent weakness
in the rails, with the averages
lowering but slightly above the
extreme low levels of the year.
Weakness in this department is
believed to reflect the withdrawal
of investors, rather than specula-
tive groups, and as such is the
more ominouS.
Another factor confronting the
market is the outcome of the
present run of dividend reduc-
tiOns and omissions. There is
little doubt but that investment
sentiment is being severely tested
by the unfavOrable dividend an.
nOuncementS which to date have
not been reflected marketwise to
any great extent. Just how
much liquidation from invest
ment sources will be brought
about remains to be seen.
Conditions Have Improved
Constructive interests point out,
however, that one essential diff
ference between the present
stock market situation, and that
of last December, is that at the
end of the year there was vir-
tually nothing tangible upon
which to base hopes of business
improvement. Steel ingot pro-
duction was at the lowest level
since 1921; motor output was at
low ebb and other basic indus
tries we're still suffering from
utter lack of confidence among
consumers.
These conditions have changed
for the better, at least to
moderate degree, with indications
that the improvement now notice
able will gradually gain momen-
tum as the year progresses.
Despite the fact that present
indications point to virtually no
earnings on the common stock of
New York Central for the first
quarter of this year, a prominent
statistical service is of the opinion
that full 1881 earnings could we'll
reach $3.50 per share.
The Washington times., 1931-03-16
TRUNK RAILWAY
HOOK-UP NEAR

PORTLAND, Ore, March 16
GN.SJr-A new transcontinental
hookup bringing the Great North
ern and Western Pacific railroad
systems together is rapidly near
ing completion as construction
crews rapidly close the 120-mile
gap between the Northetns rail-
head at klamath Falls and the
Westerns main line at Keddie,
Calf.
An open winter has favored
contractors and hundreds of men
have received employment during
the winter months as the two
construction camps approach Bic
ber, Calf, where they will meet.
Although the Great Northern
has somewhat more of the line to
build, most of the engineering
problems are on the Western
Pacific's end, where the new line
climbs up out of the Feather
River canyon.
ST0x Pc
The Washington times., 1931-03-16
TRADE REPORTS
LEND MARKET
. STRENGTH
Consolidated Gas Hits High
for Year, While SteeIs, Oils,
Movies Take Part in Rally
BY w. S. COUSINS

NEW YORK, March 16 G.N.SO .
All sections of the stock market
dragged through a narrow price
range today after starting the
new week at slightly higher lev
els. The fireworks" in radio
and other specialties which con-
cluded Saturdays session were
not much in evidence today,
though a few sizable blocks OF
utility stocks went through at
the opening.
The bond market was dead"
except for a small turnover in
the new United States Treasury
certificates, and the commodity
markets quiet, with slight up
turn in cotton.
Utilities Lead Squirt
Business and industrial rpeorts
were generally cheerful, as indi-
eating the continuance of the i'm
provement noted last week.
The big utility combination,
under the lead of Consolidated
Gas and United Corporation, was
the principal topic of interest IN
the financial district, and the
utility stocks were again IN the
limelight as the second hour ao-
vanced.
Consolidated Gas hung up a
new 1881 high price at 107H2 and
United Corporation was taken in
good volume at 80. Standard Gas,
public Service and other utility
favorites moved up a point or
more.
Fox Film moved up a point
to 3315 and Warner Brothers Q
uer cent bonds made further
aains as good reports of the
progress of motion picture financ-
ing were received in Wall Street.
Radio-Keith moved up to 22A.
Steels Move Upward
Stocks of the independent
steel companies responded with
higher prices to the further in
crease of mills operations, Bethle-
hem rallying a point to 81.
Standard of New Jersey led
rally in the oils, which improved
in spite of the further price cut
ting.
Julius Keyser topped % in it's
continuous upward move, based
on the improvement in high grade
textiles.
Rails, coppers and electrical
manufacturing stocks were quiet.
The Washington times., 1931-03-16
CHICAGO LIVESTOCK

CHICAGO, March IS G.N.sD.-Hogs:
Receipts, $4,000; market 25c lower.
Top, $8.25; bulk, $6.25@8.2O; heavy
weight s6,9O@7S0; medium weight,
$750@8.25; light weight, $7.9005.25;
light lights, $7.SO@S.2O; packing sows,
$6@6.5O; pigs $7.5O18; hoIdovers, /, 900.
Cattle-Receipts 10000; market Csc
lower Calves: Receipts. 2,5O0;; mar
ket asa soc lower. Beef steers: Good
and choice s9.5O611; common and
medium, $669; yearlngs, $6011
Butcher cattle: Heifers. $45O09: COWS,
S4G6.75; bulls, S3.75 q $50; calves, 80
az; feeder steers, s56s,25; stocker
steers. $5G8; stOcker cows and heifers,
$40 $50.
Sheep-Receipts, $4,000; market 25c
lower. Medium and choice lambs.
$82569; culIs and common, s6n7.50;
yearlings $650mS; common and choice
ewes. $265; feeder lambs, &7@S.
The Washington times., 1931-03-16
March MdtIGrities
Total SI.436.1O8.214

Interest to be paid in March
on domestic corporate, United
States Government bonds and
foreign dollar bonds will total
$178,411,814, according to the
Standard Statistics Company
while maturities, calls and re-
demptions for these same classes
of obligations will amount to ST.
257,696,5OO.
The Washington times., 1931-03-16
BIC STEEL DEAL
NEARLY DUE

Largest structural steel con-
tract ever awarded is nearly
ready, it has been learned. This
contract, involving a total Of
125,00 tons, will be awarded by
Todd, Robertson & Todd, engi-
neers for the construction of "Ra-
dio City"
Actual construction c. "Radio
City" sponsored by the Rocketer-
ler interests is expected to get
under way shortly after the con-
tracts are awarded.
Officials of neither the United
States Steel Corporation nor the
Bethlehem Steel CORPORATION
would comment on reports that
they were the successful bidders.
The Washington times., 1931-03-16
Equipment Buying
Heaviest for Year

Electrical equipment buying in
the country's markets showed
moderate improvement in the past
week, sectional reports indicating
a firmer trend in the East, Middle
West and Southwest trading cen
ters, Electrical World reports.
The Washington times., 1931-03-16

Public Utility Bonds Bid Ask
Amer Tel & Tel AVS SO. .... 101 .....
Amer Tel & Tel AIS 39..... 1870 .....
Amer Tel & Tel ctl tr 5s.... 80 So
Ana & Pot Guar 5s......... "a 81
C & Tel Va 5s.......,.... I10S .....
Cap Traction r r IS. S0B 81
City & Suburban IS. 80 SO
Georgetown Gas 1st 5s...... 1881 los
Potomac Elec Cons IS. ...... Hos .....
Potomac Elec IS. 1851 .....
Wash Alex & Mt Yer ctf.. 2 .....
Wash BALTIC & An 5s........ IS %
Washington Gas 4hs....,... 99A t1O0t4
Washington Gas 5s.....s..s. l103% I1O4%
Wash Gas SIS sA....,,........l10 l101 = I1O2
wash Gas Ss l1O4% l105A
Wash Ry & Elec 4s.~s.sss.I ss5i %
The Washington times., 1931-03-16

HH n Radio corD...... 96H 25H 9e r n
The Washington times., 1931-03-16
Wiring Contractors
Asked to Conference

Explaining that it was inpos-
sible to extend invitations to all
persons interested, the Federal
Trade Commission yesterday
extended general invitation
through the press to the trade
practices conference of electrical
contractors of the country, to
be held March 18 in Kansas City.
The Washington times., 1931-03-16
FEDERAL BAKE SHOPS

Federal Bake Shops, Inc, and
report for year ended
December 81, 1880. net profit of
$2O2,374 after Federal taxes and
all charges, equivalent. after al
lowing for dividend requirements
on per cent preferred stock, to
81 cents a share on 216,000 no
par shares of common stock.
The Washington times., 1931-03-16
CHRYSLER ABROAD

Walter P. Chrysler, president of
the Chrysler Corporation, sailed
aboard the Lloyd liner Bremen,
for an extended holiday trip
abroad.
The Washington times., 1931-03-16
WASHINGTON STOCK EXCHANGE

SALES
Capital Traction SIS, $1,000
811s, $1,00O@81, $1,000@81.
Washington Railway & Electric
common, '4@425.
AFTER CALL
Washington Railway & Electric
Is. $1,0OO@881a.
Washington Gas IS "A', $1,000
@1O1A, $1,00O@101A.
Capital Traction 5s, $2,000@81,
$2,000@81.
Washington Gas IS, 5000 1O4.
Capital Traction SIS, $4,000
81b, $1,000@81A.
UNLISTED DEPT.
National Press 51as, $1,000@60.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1931-12-26

Carbon OIL e. Gas Company Completion Ex-
tends Field Eastward Plans For Add
tionaI Wells Announced By Company

Red Lodge, Dec. rs, Special Definite
evidence that it is entitled to recognition as
a major r. s. oil field was supplied this week
BY the Dry Creek field when Carbon Oil s Gas
Companys No ] Armstrong Unexpectedly
blew into production with an estimated flow
or from $500 to 5000 barrels Of high-gravity
crude oil, similar to that found in the discov-
cry well. 3 mile eastward.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1931-12-26

The development, in the
opinion Of operators, definitely
proves that production viii
mot be confined to what has
been mapped Is The extreme
high Of this sharp-dip fold.
hu1 may be expected TO extend
kar into what has hitherto been
mapped as doubtful territory
As 4 fesulfs estimates of the
pr9Aaslse fekal luetlen Of
she tieA hsve been set a .
snsseh hlgher fignre, with the
belief growing that further
drilling win result IN addition
a surprising information.
Unexpected Flow
The Carbon OH Gas Com
pauy ggshar blew into pro
duetion unexpectedly shortly
after the crew had made hole
to around $500 feet
Exceptional oil showines
were noted when the rotary
drilled through the Dakota
sands and II Is probable that Il
is from one Of these that the
we'll is producing. The wei
blew in while the crew was
- m "A
The Washington times., 1931-09-02
War POLOists BOU
To InUdding FOHrs

Two War Department polo
teams took it on the chin yester-
day.
The War Blues, had to give
the Marshall four Of Fauquier-
Loudon county a three goal
handicap, and the Virginians
proceeded to outscore the localities
in straight play, winning 9 to S.
Kirkpatrick was high scorer for
the winners.
The War Whites outplayed the
Artillery men in the first three
chukkers, but the Gunners came
charging down the lane through
the next three chukkers to win
a hard-fought match, 7-6. Cap
tain Shea and Major Mcdonald
scored three goals apiece.
The Washington times., 1931-09-02
Pickups and
PutOuts
By GEORGE A. SIMPSON

By GEORGE A. SIMPSON
Larry Pinckney, former Con.
zaga and Central High athlete,
has passed the entrance re-
quirements at Columbia Uni
versity, where Lou Little COM
mands the football forces. =.
Irving ("HOrSe") HOlbrOOk, it is
said, will migrate to Holy Cross
instead Of Mt. St. Mary's.
Charlie Bernhard anxiOuSly
awaits the opening of the bowl
ing season. Johnny Howard,
former Bucknell halfback who
played several years with the
MohawkS, will not wear the
mOleskinS this fall. FIFTEEN
YEARS AGO Capt. Frank Trevor
HOgg, I'd, issued the call for
Princeton football candidates
to gather September IL on a
foreign field because Of an
epidemic of infantile paralysis
fN KEAnCCOUu GUWAs sO4VVCA
Cleveland Alexander, pitching
for the PhilS, received a bonus
of $1,000 for scoring his twen-
ty.fifth win. an infected
finger may keep Robert A.
Gardner, amateur golf titlist,
out of the championship at the
Merton Cricket Club. q young
ster named Jones from Atlanta
(later to become the worlds
greatest amateur GOLFER was
making his debut in that tour
ney. Jerome d. Travers, four
times amateur champion, with.
drew because of poor health.
T. J. Bishop, Chevy Chase; ].
C. Davidson, Columbia; Edward
B. EynOn, jr., Columbia (nOw
secretary of the Washington
Baseball Club: George p.
James, Columbia (nOw golf
chairman at COlumbia), and
w. C. BalIantyne, Columbia,
were the Districts entrants in
the 1915 amateur champion
shin.
The Washington times., 1931-09-02
| D n 6 BATTLES
FOR vON ELM

When Billy Burke, national
open golf champion, and George
Won Elm, runner-up, step out on
the first tee at the Indian Spring
Club Sunday afternoon at 2 p. m.
to battle J. Monro Hunter, sr.,
and George Diffenbaugh, Indian
Spring pros, local fans will see
a pair who engaged in COLTS
greatest struggle.
Macdonald Smith and Gene
Sarazen battled through 1876 holes
in the 1925 Long Island open,
the former ending the marathon
with a brilliant 66. But that
was in a minor tournament.
Peculiarly enough, Won Elm
has part interest in the only
other parallel, the 28-hoIe match
lie played with Maurice Nc
Carthy, jr, of New York, in the
second round of the last anna
teur championship at Merton,
which was scheduled to go IS
holes. That is the amateur
endurance record.
Burke and Won Elm compressed
two entire open championships
into a period of five days, play
ing 144 holes in all before Burke
won by a stroke.
The Washington times., 1931-09-02

De Laun, the Canadian, is best
suited as a bouncer for a night
club because, it is said, he can
handle two or three men with
ease. He's up against @ different
proposition in Steele, for the lat
ter is as strong as his name i'm
plies.
Steele has lost only to Lon
dos in his recent matches, and
many wrestling experts claim
If the two clash again that
Steele would emerge trium-
phant. LOndos fears the CalifOr.
nian more than any of his most
dangerous chalIengers for the
championship.
The supporting card tonight
will be one Of class and exciting
matches should result. George
Zaharias and Milo Steinborn,
who mix in the semifinal, should
wage a hectic combat. Another
should develop between Chief
White Feather and Tom Draak.
The bouts between "Tigah"
Nelson and Babe Caddock and
doc" Wilson and John Maxos
should also have more than a
taste of hot action. Especially
The Washington times., 1931-09-02
TAKOMA TIGERS DRILL

Takoma Tigers will practice to-
day and Friday on the Takoma
Park playground diamond.
The Washington times., 1931-09-02
VIENNA FIREMEN HOT

The Vienna Fire Department
nine, with a record Of 20 wins
and no losses this season, want
q strong opponent for Labor Day.
They particularly challenge the
Saksmen and the Skinker Eagles.
Manager Phillips may be reached
at Vienna SO. "
The Washington times., 1931-09-02

might this be true of the Nelson
Caddock tussle. Nelson has
ached for another meeting with
Caddock since their last match
in New Haven nearly caused
riot.
The Washington times., 1931-09-02
Murphy, Exc. u.
Gridder, Joins Pros

Gene Murphy, star passer,
punter. and yardage-gainer of
the '27, '28, and 80 Catholic
University football team. has
signed up with the Providence
Steam Rollers, of the National
Pro League. Murphy worked out
with the c. U. squad yesterday.
He leaves Friday to report to the
Providence team.
The Washington times., 1931-09-02
QUANT|CO POLO.
TEAMS BUSY

QUANTICO, Va, Sept. 2.-The
Quantico Marine poloists face a
busy round of matches during
this month. Tomorrow the Scar
let team meets Western Maryland
four at Ais. Sunday the Gold
team takes the field against the
same combination.
Friday, September IL, the
ScarIets will tackle the Fort
Humphreys four, and Sunday,
September 13, the Colds will
face the FOrtmen. The Gold
crew opposes the 10th Field
Artillery of Baltimore on Sum
day, September 20.
In the final second round
matches of the tennis singles
tournament Lieutenant Rixey won
over F. E. LuSk, 6-1, 6--1, while
the match between Major Whaley
and Pvt. McWilliams was ad-
journed because of darkness,
with the score Ga. PA. It
will be finished today.
TAK0MA TIGERS DRILL
Takoma Tigers will practice to-
day and Friday on the Takoma
Park playground diamond.
The Washington times., 1931-09-02
Wrestling Results

At Boston Gino Garibaldi,
Italy, defeated Tiny Roebuck,
Oklahoma; Hans Steinke, Ger
many, defeated George zararias,
Greece.
At Baltimore-Ray Steele. Cali
fornia, defeated Mike Romano.
Chicago.
The Washington times., 1931-09-02
Large Staff Is Busy
Sorting Babe Ruth
Selections

large and dgent clerical staff is busy checking
the thousands of Babe Ruth Contest letters and is what
is commonly referred to q gargantuan task.
The Washington times., 1931-09-02


The letters have easily reached
the neighborhood Of 10000, and,
while we are a poor hand at
handing out statistics in impress
sive style. we dare say that if all
the letters received were laid end
to end it would take six husky
men three days and nights to lay
'em, and twice as long to pick
'em up.
Anyway, it's a mighty big slew
of them, and the several pretty
misses and handsome young men
who are delegated to the job of
sorting and comparing them, are
in for mighty busy 10 days.
Think of having to read
every word of 10000 letters, all
of them close to $50 words in
length? Certainly a formidable
job. Well, the editor and his
staff have to go through all
that mail. There's no way out
Of it.
It's an enjoyable task, how
ever. Opening up other peoples
mail, and actually being paid for
reading and passing judgment
on it.
Babe Ruth is expected to send
his team out within 10 days,
though he is almost certain to
make it the last two days of
that period.
In the meantime, you should
listen to the comments of the
boys and girls who are compar-
ing the letters. Here's some of
EN-:
Boy, this is my team" Babe
Ruth will have to step some,
to beat this cOmbinatiOn!"
This lineup could play for me
any day in the year."
TraynOr's getting the ma
jOrity of votes for that third
base in the selections I've
opened" says one.
"Bluege Is the fair-haired boy
for the majority Of the fans I've
come across" comes back an
other. Looks rs If CrOnin
and Marberry stand in solid
with the FANS"
It's picnic, fans! In spite of
tired eyes and cramped fingers
and cramped handwritings, the
editor and his numerous assist
ants are having a mighty good
time doing their work.
And we are just as anxious as
the fans to find out who the win
ners will be. Curiosity. like hope,
burns eternal in all human
chests!
AS has been repeatedly stated,
everybody will get a square deal,
so don't worry. The selections
are only being sorted now, the
actual selecting will not begin un-
til after Babe Ruth's team is
known.
The Washington times., 1931-09-02
NIGER THIS YEAR THAN LAST, SAYS RUTH
Steele Engages Canadian
In Wrestling Feature

Ray Steele the mighty of wrestling, will have tough
shedding his match with Don De which headlines the
matches at the Clark Griffith Stadium tonight The first pre-
liminarY will be called at 80 o'clock
The Waterbury Democrat., 1931-11-20
Hudson Sentenced
 To Sixty Days
Spent Wages While Wife and Child Suffered Court
 to Care for Family

suffer while the young husband is being disciplined.
 Several weeks ago Hudson claimed that there was discrimi1a~ ton in the method of furnishing work to applicants. Notwithstand- ing the fact that he was voter here and had a wife and child de- pendent upon him and in need for essentials he was refused employ ment. Probation Ohlcer Nicholas Combellack was immediately as- signed to investigate the case and obtained the information that Hud- son had been refused. The relief committee, however. on learning that the court was interested in the young man and that Mrs Hud- son and the baby would be as- sured of support found job for the youth. It was explained that several weeks previously Hudson had received some compensation money for injuries suffered in an accident. He immediately gave up work and informed William Har- ris, chairman of the committee. that he was going back to mans country. Alabama. After two or three weeks down south he re- turned to Waterbury and demand. ed work again.
 Hudson was given DCveral jobs with the past few weeks, but Mrs Hudson failed to benefit by it.. It developed that her young husband was too sociable and spent his wages with a few of his boy friends. Judge Meyer this morning decided that Hudson should be given "a rest cure" in New Haven.