davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1931-06-25
ON CURB
DRIVE. AHEAD

NEW YORK, June Is G.N.S).
The curb market resumed its
bull drive today with somewhat
lesser degree of enthusiasm, but
this did not prevent the rank
and file of active stock favorites
from entering new high ground
on the movement.
The utility group ruled firm,
with the only advance of note
attained by American Gas and
Electric which jumped. 25s points
to ia. Electric Bond and Share
was up 20 at 4414, with improve
ment of like character the rule
in such stocks as American Super
power. American and Foreign
Power warrants, Associated Gas
and Electric "a. Middle West
Utilities, United Gas and United
Light and Power.
Cities Service moved up prac-
tionally to 1928, its best levels
in more than a month. Oils
proved to be the stellar perform
ers of the list, with humble
squirting more than 3 points to
675s, Gulf up 224 at 617s, Stand
ard of Nebraska up 23s at 27,
Vacuum up 134 at A. and Stand
ard of Indiana up "a at %.
Aluminium featured the spe-
cialty group with run-up of II
points to 146. Other strong spots
included A. o. Smith up 2 at 1877,
and Deere up 2 at %.
The bond list displayed SYM
pathetic strength.
The Washington times., 1931-06-25
CIGARETTE TILT.
To NET FIRMS
S45,000,000
Wall Street Journal Figures
Based on Estimate of Four
Companies 1880 Production

The four leading cigarette
manufacturers in the United
States, American Tobacco Co.,
r. J. Reynolds Tobacco Co., Lig-
gett & Myers Tobacco Co. and
P. Lorillard Co. have advanced
prices on Lucky Strike, Camel,
Chesterfield and Old Gold ciga-
rettes As cents a thousand to
$6.85. ..'
This is the second advance in
two years, the price having been
raised to $6.40 a thousand from
So on October S, 1929. It was the
third change in cigarette price
in nine years.
Price Cut in 1928
In April, 1928, prices were cut
to Sc thousand from $6.40. The
latter price level had been in eff
feet since 1922.
What this price advance will
mean per share on the common
stocks of American Tobacco Co.,
r. j. Reynolds Tobacco Co., Lig-
gett & Myers Tobacco Co. and
P. Lorillard cannot now be, &C.
curately determined because none
of the companies indicates it's
volume of sales in its leading
cigarette.
Total production Of cigarettes
in the United States in 1880 was
about 12O,00o,0O0,o00. Of this
amount, the. four leading ciga-
rettes probably accounted for
close to 95 per cent or about ia
billions, the Wall Street Journal
estimates.
$4,000, 900 Added
A net advance of 40 cents a
thousand on this total would
yield the four companies about
$45, 100000 addition income this
year.
American Tobacco Co. came
nearest to disclosing its total vol
ume in Lucky Strikes when it
indicated in its annual report for
1880 that it's total cigarette sales
in 1880 were ASST, ,086,000.
Luckies make up by far the great
est part of this total, so that if
100000 cigarettes should be de-
Quoted for sales in other brands,
the 43,500,000,000 remaining
which would be applicable to
LuckieS might not be excessive.
The Washington times., 1931-06-25
BONDS To YIELD
. LESS, CLAIM

ABOARD S. S. NORONIC, Lake
Erie, June 25.-While asserting
that the day of scientific bank
management is beginning to
dawn. William G. Brown. vice
president of Moody's Investors
Service, today told the Michigan
Bankers Association that the
principal direct causes of recent
bank troubles in the United
States we're lack of liquidity, lack
of proper distribution of re-
sources and lack of proper re-
serves.
This address marked the fourth
day of the convention. which is
being held on a round-trip cruise
between Detroit and Toronto.
Mr.. Brown pointed out that
many banks have suffered losses
on bond investments because lit
tie attention was paid to the in
dustries represented. In this con-
nection, he urged the necessity
of adequate diversification, and
the rotation of funds in long
and short term bonds.
In analyZing yields on high
grade issues. he stated that lin
general, a strong industrial bond
should earn its interest charges
at least 312 or 4 times after de-
probation. A good railroad bond
Should earn upward of twice over
on the basis that railroad income
is reported, while a public utility
bond should earn charges two to
two and one-half times before de-
probation"
The era of high yields from
safe bonds seems definitely to
have passed, Mr.. Brown declared.
The Washington times., 1931-06-25
World Takes Less
American Cotton

The world used approximately
$4,000 bales of American cotton
in May, compared with 100000
in the like month last season, ac-
cording to the New York Cotton
Exchange Service. Total con-
sumption during the 10 months
ending May 81 was 9,285, 900
bales, against 1l.261 900 in the
same period last season.
The United States used 451 900
bales in May against 492, 900 in
April, while foreign countries in
the aggregate used approximately
$4,000 bales in May against
504, 900 in April.
The Washington times., 1931-06-25


urer. Directors, John H. Snyder,
Paul D. Sleeper, ALTON G. Grin
nell, John F. McElfresh and John
P. Lynch.
Committee Heads
Committee chairmen are: Bull
letin, j. Allen Maphis; educa-
tional, Russell Shelk; field prac-
tice. Maynard C. Burrell; man
ayers section, H. wrence e
Choa te; ; membership. Lawrence
C. Crawford; civic agencies, H.
Cochran Fisher; bank and trust
company cooperation, John F.
McElfresh; program, Harold D.
Kraft, and legislative, Joseph A.
Marr.
Announcement of the forty
second national convention of the
National Life Underwriters Asso-
citation is made in the current
bulletin of the local organiza-
ton.
Many d. C. Men Going
The convention will be held
in Pittsburgh, September % to
25, inclusive, and, it is stated,
there will he an imposing list of
speakers composed of nationally
known life insurance and busi-
ness leaders.
The Pittsburgh convention is
looked forward to as the largest
gathering of the field forces of
life insurance ever held in this
country ana number of Wash
ington life underwriters already
are making plans to attend.
The Washington times., 1931-06-25
RETAIL FOOD LOWER

Retail food prices in 81 cities
of the United States, as reported
to the Bureau of Labor Statistics
of the Department of Labor,
showed an average decrease of a
little less than 212 per cent on
on May IS. 1881. when compared
with April IS, 1881, and an aver
age decrease of about 19 1-3 per
cent since May Is. 1920. The bu-
reau's weighted index numbers,
with average prices in 1913 as
1000, were 1901 for May IS, 1880,
1910 for April Is, 1881, and 1910
for May IS, 1881.
The Washington times., 1931-06-25
HANEY RECKONS
DEBT HOLIDAY
COSTS
U. S. Purses Must Pay Part
OF Them, Economist Says,
Seeing Possible Advantage
By LEWIS HANEY
Director New York University, Bureau
OF Business Research and Former
Economist of Federal Trade
Commission.

Director New York University, Bureau
OF Business Research and Former
Economist of Federal Trade
Commission.
The Hoover moratorium pro-
posal, or debt reductions, or what
ever it is, has produced sort
of brain storm. Really it does
have its constructive aspect. This
is true because:
1t is likely to prevent a po-
litical crisis in Germany. This
is the big point immediately.
1t is a concession to the de
flation idea.
Deflation Extended
Germany in a way resembles O
company which cannot pay such
high wages. So it is proposed to
postpone (and the Germans
plainly believe to reduce its pay
rolls. That is like deflation of
wages, which is something we
have not wanted our corporations
to do.
If country or a company can
not meet its obligations those
payments must be postponed or
reduced, else the debtor goes into
a receivership.
Maybe our financial powers
had come to believe a deflation
Of foreign debts was necessary,
Maybe they consider the mora
forum" as step toward COM
pleting the great deflation of
1929-1931.
U. S. Taxpayers Hit
But it is clear that as a re-
suit some one is going to get fewer
dollars than originally antici-
pated.
You can't "deflate" debts with
out reducing the receipts of credi-
tors, France sees this, because
She is Germany's chief creditor.
Our taxpayers are going to see
it, too, when payments on our
foreign debts stop.
The thing may be for the best
lr the long run. 1t may be neces-
sary-a bowling to the inevitable.
But a last minute concession to
meet a crisis that has been de-
veloping for months can hardly
be " hailed" as a great piece Of
constructive leadership.
We should frankly recognize
that, If we are now preparing the
w>y for debating war debts, we
would be tardily conceding that
prices and the capacity of debtors
to pay have probably fallen to
permanently lower levels.
The Washington times., 1931-06-25
US. Deficit Rises Due
To Income Tax Drop

After declining steadily for
several days, the Federal deficit
turned upward yesterday to $S67,-
646,731.
The increase was due 20 dimin-
iShir1g returns from income tax
payments and to a $4,000, 900 in
terest payment on the Federal
debt. Officials were still hopeful
that with departmental expenses
remaining about normal, the def
lcit may still be cut to $3.50, ,OOO,-
600 when the fiscal year ends
June 30.
The Washington times., 1931-06-25
NEWS
In Today's
CLASSIFIED ADS

BUSINESS OPPORTUNITY - Here
is a chance TO own an already eS-
tablished business general
store with groceries, meats and
vegetables in the most attractive
and growing suburb of Washing
ton . owner will sell at invoice
Call today for appointment.
ROOMS FOR RENT-SeveraI large.
cool. single and double rooms con-
Veniently located on l. st. near
18th very attractiveIy fur
nished running water -.
reasonable weekly rates.
Used CAR FOR sALE-chrysler
1929 Sedan car in excellent
mechanical condition almost
new tires goOd paint job
just the car for the family's sum
mer vacation trip can be
bought for only $685. easy
terms and trade II desired.
COUNTRY HOME FOR RENTAL
traetiVe 10 rooms and batIB home
grounds ,arge shade trees
plenty of frmit and large garden
conveniently located to rail-
road station and Washington Blvd.
easy R'O'Ffing distance to
Washington Be sure 10 see
it today.
APARTMENT FOR RENT-ThFee
large rooms, kitchen and bath
apartment located near DB-
pOnt Circle within easy walking
distance Of all Government depart
ments Can be rented for
only $50 q month.
These are "stdeli0hts'' on sonss Of man
Steresttng Gdver.issTee ee'tS VoaO G0W find 4
The Washington times., 1931-06-25
6 REFINIERIES CLOSE

AS a direct result of what is
characterized as a demoralized
gasoline price market structure in
southern California and particu-
larly Los Angeles, six indepen-
dent refiners have suspended
within the past month,
according to H. R. Macmillan.
of the California OIL
and Gas Association.
The Washington times., 1931-06-25
RAIL MOTOR CARS

In an effort to bring about
greater efficiency and economy
in operation and counteract de-
clining passenger revenues, So
railroads of the United States,
Canada and Mexico have, since
1923, installed in service 73O rail
motor cars, according to a report
submitted at the closing session
in Chicago of the twelfth annual
convention of the mechanical
division of the American Rail
way ASSocia lion,
The Washington times., 1931-06-25
Greyhound Lines
Get II NeU Buses

The Greyhound Corp. has re-
ceived IA buses of 88 ordered
several months ago. Of the
total, 66 we're ordered from the
Yellow Truck & Coach Manu-
featuring Co., 18 from Mack
Truck, Inc, and four from the
White Motor Co.
Mack Trucks and White have
delivered their orders.
The Washington times., 1931-06-25
GRAINS OPEN. MIXED

CHICAGO, June IS G.N.SO
Grains opened irregular today
Wheat was Il to lac down, corn
Is to l2c up and oats unchanged
Opening prices:
Wheat July, So; September
593s; December, 6334.
Corn-July 581a @58ss; Septem'
ber, Sta: December, 50R@51.
Oats-July, 27A; September,
273s.'
The Washington times., 1931-06-25
ANAC0STIA BANK

The AnacoStia Bank yesterday
declared the regular quarterly
dividend Of per cent, payable
June 80 to stockholders of rec
ord June 25.
The Washington times., 1931-06-25
World Lead Output
ShOnS SHARP Drop

World output of refined lead
amounted to 123,339 short tons
in May compared with 1895
tons in April and 1920 tons in
May, 1880, the American Bureau
of Metal Statistics reports.
The Washington times., 1931-06-25
EAST TEXAS OIL PRICE

Meeting the recent action by
Magnolia Petroleum Company,
Sinclair has posted a price of
e cents a barrel for east Texas
crude oil.
The Washington times., 1931-06-25
UNDERWRITERS
INSTALL NEW
OFFICERS
President David S. Bethune
Names Committee Chiefs
at Noon Luncheon Meeting

New officers were installed,
Standing committees named and
reports were made by retiring Of
ficers Of the District Life Un-
derwriters Association at a lunch.
The Washington times., 1931-06-25

con m e e t.
ing at the
Carlton Ho-
tel today.
The new
officers are
David S.
B e t h u ne,
pr eSident;
P h lip L.
B a ! d win,
I irs t vice
n y ociHont.
j, E. Nc
Combs. sec
on d vic e
pr esident;
D a n i Ell J.
H a rr ison.
S e c retary,
and George
B. F ara u
n - krAoc
The Washington times., 1931-06-25
WASHINGTON TIMES

BUSINESS OFFICE 1877 81 N "A"
RATES DELIVERED By CARRIER IN
WASHINGTON AND ALEXANDRIA
The Washington Times daily is delivered
by carrier at 10 cents per week daily
Times and Sunday Herald ID cents per
week; daily Times and Herald daily 90
cents per week: daily Times and Herald
daily and SUNDAY 26 cents per week
The Washington Herald daily and sun
day IL delivered py carrier at 10 cents per
week daily only 10 eents per week. and
SUNDAY Gnlv 10 renta Der week =,
Orders ran be sent nv mail or telephone
DtstrIct $3.50 Collection 10 made weekly
bV carrier 49,
RATES nv MAIL
The Washington times., 1931-06-25
ancal Ne u.s. Stocks Bonds Commodities and Comment
New York Bond Market
Fractions represent Sends
IUI1 Ped,IS IUf I-JS
United states

United states High Low Last
Liberty aus 'S2-47. 400 10 1O2 19I1O2 19
Lib lst 4l4 S '32-47 1O3 1OI103 lOIl03 10
Lib 4th 4hs '3S-SS. Ll04 26Il04 Is 1O4 rs
oIu |
The Washington times., 1931-06-25

y New York funds in Montreal $6.25
premium at 81 900. Montreal funds in
New York Ss.25 discount at $1,000.
The Northwest enterprise. [volume] (Seattle, Wash.) 1931-1952, 1931-08-27
QblltcbSffpres
DR.. Williams Should
Quit, Says Leader

ATLANTA, Ga.-That DR. L. X.
Williams. president of the National
Baptist Convention should step down
and save the denomination from
shipwreek ON the rocks of internal
dissension. was voiced this week by
the Rev r. l.. Harrison, prominent
pastor in that denomination.
Il am from Texas" says the Rev
Mr. Harrison, and still admire the
brilliant president with the same
hero worship | had for him when
we both lived In that state. hui
believe IL is not only to the interest
of the denomination but to himself
that he step down.
DR. Williams has not failed as
president of the National Conyen-
ton. but he is failing. In 1922 he
asked for four years more tenure
of office and he has been given
nine. In spite of the fact that some
friends want him To stay. he should
keep his word.
Not only have the last three
years OF the Williams regime been
calamitously eventful, but the dis
ruption is growing. What promises
to be golden sunset Is threatened
to be changed into drop behind
a black storm could with such fore
bodings as to forget the brightness
of the day. The cow who gives a
bucket of rich milk and kicks II
over is worth little to the family
Getting elected In Baptist Con
yention is one thing, but getting
support of a Baptist constituency
| especially when that constituency
has had an opportunity to support
you, and failed as In this case, Is
| by far, another"
The Northwest enterprise. [volume] (Seattle, Wash.) 1931-1952, 1931-08-27
Increased Postage to
Canada and Or. Britain

Commencing September /. 1881,
the postage on letters and post cards
to Canada and Newfoundland tin
GLIDING Labrador) will be:
Letters, for each ounce or fraction &c
Post cards tsingle( .-.............-...... &c
Post cards (double) ...........----..... &c
Air-mail articles for Canada and
Newfoundland tincluding Labrador)
will be:
For each ounce or Faction. &c
for each additional ounce or
IractlOn ACKNOWLEDGEMENTS DC
Letters and post cards to Great
Britain, Northern Ireland, and the
Irish Free State will be:
Letters, for the first ounce or
traction be
Letters, for each addition ounce
or fraction .--.................-....---.. &c
Post cards tsingle ..........-.....-.-... &c
Post cards (double) ....-..-...---... &c
The Northwest enterprise. [volume] (Seattle, Wash.) 1931-1952, 1931-08-27
CLARENCE X. ANDERSON
Attorney
SOL McDOwall Building
Seattle, Wash,

IN THE SUPERIOR COURT OF THE
State of Washington in and for
King County.
Harold W. Livesley, Plaintiff, VS..
Shirley Ann Livesley, Defendant. No
244940. Summons By Publication.
The State of Washington to the said
Shirley Ann Livesley. Defendant:
You are hereby summoned to appear
within sixty days after the date of
the first publication of this summons,
to-wit: within sixty days after the
9th day of August, 1881, and defend
the above entitled action in the above
entitled Court and answer the COM
plant of the plaintiff. and serve a
copy of your answer upon the under
signed attorney for plaintiff at hts
office address below stated and in
case of your failure so to do, judg-
ment will be rendered against you
according to the demand of the com
plant, which has been filed with the
Clerk of said Court.
The objects of said action are to OBJ
tain a judgment of said Court grant
ing a divorce from you upon the
grounds of cruelty and abandonment
CLARENCE r.. ANDERSON,
Attorney for Plaintiff
Office and Postoffice Address:
sol McDowall Building, Seat
tie. King County. Washington.
First publication August 81, 1881.
Last publication October 1, 1881.
The Northwest enterprise. [volume] (Seattle, Wash.) 1931-1952, 1931-08-27
SerlrlOllette
"The Way of Light"

He that followefh me shall not
walk I'm darkness but shall have the
light of life.-John S:12.
There Is no figure OF speech
more common In the New Testa-
ment and certainly none more beau
tiful than that which likens Christ
unto light. He. himself, declared
that He was the light of the world
and by that light men must walk
II they would obtain eternal life.
II was prophesed of Him that He
was to be light to the Gentiles
and Gods salvation to all men ev-
erywhere. The ancient Job, dwelling
on darkness and cropping his way,
cried out Where is the place
where the light dwelleth and shad-
ows are not?" The Psalmist declar-
ed: I'm thy light shall we see
light; and when His spiritual
horizon was overcast with the murky
clouds of confusion and darkness
brooded over His sky: He cried
out: 20 send out thy light and thy
truth let them lead me; let them
bring me unto thy holy hill and to
thy tabernacles. The cry of the hui
man heart has ever been for light
and the only answer that is worth
while is the answer found In the
words of Christ: He that followeth
me shall not walk in darkness but
shall have the light of life"
The Way OF Light Is the Way of
Faith
Those who come to God must
first believe that He Is. In other
words we come to God by faith and
by faith alone. Without faith II Is
impossible to please God, and those
who walk with Christ must walk
with Him by faith. Therefore being
justified by faith we have peace with
God through our Lord Jesus Christ
by whom also we have access by
faith into this grace wherein we
stand and rejoice in hope of the
glory of God" Faith is the key to
the kingdom of God, to the world
celestial, to the many mansions and
to the inexhaustible source of all
that is good and worthy and noble.
When we were In darkness and sin
faith led us out into the full light of
a spiritual noon-day where we could
see ourselves and our God; when
we were In bondage to doubts and
fears, faitht emancipated us and led
the way to mistaken confidence in
the power of the divine. The path
of faith is the ever-ascending avenue
that leads to the greatest good that
real life can guarantee. Faith leads
us into the way of light and life. II
lifts the veil of over hanging mys-
terry and disperses the dark clouds
Of confusion and reveals the glori-
Gus light and radiance of an I'M
,louded day. God is light and the
way to God Is the way of faith.
The Northwest enterprise. [volume] (Seattle, Wash.) 1931-1952, 1931-08-27

First A. M. E. Church, Rev. Geo
f. Martin, Pastoral most success.
| full conference year was completed
last Sunday when Rev. Martin de.
livered his final sermons for the year
and announced his financial report
A large congregation was enthused
! at the morning service as Rev. Mar
| tin told of his endeavors for the
year. This week Seattle and the
First A. M. F.. Church are hosts for
the 10th annual session of the Pu.
get Sound Conference. Every ar.
rangement has been completed for
the care of the ministers and del.
| egates. Sessions began Wednesday
and will continue throughout the
week ending Sunday when Bishop
Parks will preach at II a. m. and
announce appointments for the next
conference year. All Seattle is in
yited to attend the sessions of the
conference.
Grace Presbyterian Church, Rev.
John r. Harris, Pastor. = Schedule
for next Sunday services is as fol
lows: 9:45 a. m. Sunday School, all
departments. / a. m. worship. Rev.
Daniel G. Hill of Portland, Ore, will
preach the sermon. DIR. Hill is pas
tor of Bethel A. M. +. Church and is
attending the annual conference of
his church now in session in Seattle.
$50 p. m. Young Peoples society
meeting. There will not be an eve
ming service. We ask our friends
TO remember the following coming
events: September 2, William Dun
can Allen, piano recital; September
20, Woman's Day.
Mt. Zion Baptist Church - Using
as his subject, go Forward" and
as his text, Exodus, 1915, Rev. II.
C. Leland preached splendid SER
mon at the morning service. where
there is no vision, the people perish"
Prov. 29:18, was the text around
which the Rev. John r. Harris, pas.
tor of Grace Presbyterian Church
delivered an inspirational sermon
Sunday evening. Selecting as his
sermon topic, Look In---Look Out
Look Up" and citing many eminent
inventors, scientists and educators.
Rev. Harris declared that all their
achievements had been made possible
because these men have had a vision,
and urged the church to seek clear
er vision and exercise a greater
faith.
All departments of the Sunday
School were well attended. The
young people enjoyed an interest
ing discussion at the usual hour for
their meeting. The Wednesday eve
ming PRAYER service was led by Mr..
s. Mcdonald and Mrs. Archie Brown.
The Missionary Society will meet this
Friday, August %, at the home of
Mrs. Emma Harrington, 1929 10th
Avenue N. w.
Rev. w. F. Greene, announces that
one of the ministers attendant upon
the General Conference in session
at First A. NJ. f. Church, will fill
the pulpit at the IL a. m. service
and Rev, +. J. Buekner, pastor of
Bethlehem Baptsh Church, Tacoma.
viii be the speaker at D. m. next
Sunday. The trustees have planned
rally for next Sunday and are urg-
ing district leaders to visit their
members and solicit their pledges.
All are invited to attend the services.
Mt Zion extends a hearty welcome
to strangers and visitors.
The Northwest enterprise. [volume] (Seattle, Wash.) 1931-1952, 1931-08-27
PALMER, AskREN a BRETHORsT
Attorneys
031 Lyon building

IN THE SUPERIOR COURT OF THE
state of Washington for King Coun-
ty.-In Probate.
In the Matter of the Estate of George
oliver Dunstan, Deceased. No. 52765
Notice to Creditors
Notice is hereby given that the I'M
dersigned has been appointed and has
qualified as Administrator of the es-
tate of George Oliver Dunstan, De-
ceased; that all persons having claims
against said deceased are hereby re-
CURED to serve the same. duly verified,
on said Administrator or his attorneys
of record at the address below stated
and file the same with the Clerk of
said Court, together with proof of
such service within six months after
the date of first publication of this
notice or the same will be barred
Date Of first publication August 6,
1881.
WILLIAM DUNSTAN,
Administrator of said Estate.
Address 631 Lyon Building,
Seattle, Washington.
PALMER, ASKREN & BRETHORST,
Attorneys for Estate, 631 Lyon
Building, Seattle, Washington.
1st pub. Aug. 6, 1881 Last Aug. 81