davidaulloa/AmericanStories huggingface dataset:
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-04-02
EMBEzzLER OF
MILLION now
ADMITS crime
Charged With Bigamy,
Suspect Confesses
Bank Looting

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-04-02
Lose Fat
Safely and Quickly

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-04-02

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-04-02
Rev. Howard Heard
By a Large Number

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-04-02
SCHOOL Vote
Is SATURDAY
Upward Of 100 Candidates
For TrusteeshIps IN
Csneron County

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No.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-04-02

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-04-02
Retired Farmer Ia
Dead AT Sons Home
sT So C1-EC@I

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-04-02
Revival Attendance
Shows An Increase

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-04-02
SPORTS ". INDIANS

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ming 2 Er-e-- g rEs SDc--E
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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-04-02
DESIGNATION
OF kennedy
:. GAP URGED
Judge Dancy Proposes
5-County District
At Austin Meet

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-04-02

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rEEz Az z-iEz Inw-A EE-
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-04-02
Tourist Pleased
With Mexico Trip

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the good c. -5e Tsl%T = 5eE--
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-04-02
CHICAGO GRAIN

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-04-02

KANSAS CITY. A1-L Z-P-sU.
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Top 49, EaEz-r S1-E 1850 Is
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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-04-02
600 BODIES

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-04-02
MARKETS



NEW YORK Ar-Z 1-5-Te
sock Ezrzer csTEopec = -z zze
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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-04-02

NV YORK Al z-F|x-z
1@-1 Es2cT -1-zT ! % : PE
1EE = rES2Z-se 10 E-z-T -sEs-
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bez--z1 zE---E = the C1--c-
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Buyers ho-c-1Z CT.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-04-02

C1-- ~ . AZ -=- c.
e- EczT CE-E . -e Arr
Ale rz-z-= g L-- Ezz=
FE -z-=x $3.50 = 7E &C.
&C. &c 7r- 1-zz-s A- -
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1919
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-06
Washington Produce

Butter-One-pound prints, 90; tub, %.
Eggs-Hennery, lsa2l; current re-
ceipts, 17a1S.
Poultry, alive-Turkeys. 20; Spring
brcilers, colored, 35a37 Leghorn broil-
ers, 25a28; hens, colored, 23a24; Leg
horns, II; ROSTERS, 12al4; ducks. Is;
keats, young. 7OaSo; old. 40. Dressed
Spring broilers. colored. 38a42; Leg
horns, 25a37; hens, 24a26; Leghorns. ID;
ROSTERS, 16; keats. young, 7oaSo; old, 40.
Meats-Beef, l2a13l2; veal, 12a14;
lamb, Western, IT; Spring, 20; pork
loins, 10; fresh hams, 1712: fresh shout
ders, IL; smoked hams, 1872; smoked
shoulders, IL; strip bacon, 81; lard, In
bulk, 10: packages, IL.
Live Stock-Hogs, heavy, 5.5oa6.o0:
medium and light, 6.25a6.50; pigs, 6.00a
$50; loughs, 3.00a4.50: calves, 4.OOa8.OO;
Spring lambs. 6.50a9.50.
Fruits-Strawberries 4.o0as.00; black
berries, 5.o0a6.50; oranges. 400; lemons,
fruit, 3.ooa350; honeydews, 500; apples,
box stock, 250a2.75; apricotS, ZOO;
plums, 200: pineapples, 2.75a3.0o canta-
ioupes, jumbos, 3.75; standards, 500;
ponys, $50; fats. l25a1.5o; rhubarb,
per 100 punches, 500.
Observation-Disclosures, new, per barrel.
3.O0a3. so; old, 120-pound sacks, 2.0Oa
2.25: sweets, per bushel, It's; string
beans, 1.25; peas, 125; tomatoes, Span
crates. 2.O0a3.OO Tugs, GOAL Is; kale, 35a
40; spinach, 35a40; eggplant, 4.50; GU
cumbers, per bushel. 2.00a2.50: squash,
l.5Oa2.o0; beets. per 100 punches, 400;
carrots, per 100 punches, 400; lima
beans, 350a5 90; Spring onions, per 100
punches, 200; radiShes, per 100 punches.
400; asparagus, :.00a3.0o; mushrooms.
50al 90; Bermuda onions, 50-pound
sacks, Its; corn, $50.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-06
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, June 6.-From the
viewpoint of the trader, the stock mar
ket has yet 10 prove itself, notwith-
standing the spectacular recovery in
the latter part of the week.
On the one hand are those who in
sist that there has been no improve
ment in business commensurate with
the rebound in stocks. The only basis
for recovery, they say, was the oversold
position which had been developing for
weeks and finally became untenable.
The rally could go much further and
yet prove nothing, so far as the change
in the main trend is concerned. Fur
Their reaction IS probable, they add, cit
ing today's lower opening. because the
forced short covering Of Wednesday
and Thursday has deprived the market
of support from that source.
Watch Market Action.
Against this view, 1t Is urged, in the
first place, that the market had over
discounted the trade depression, pro-
nounced as that was. It is also asserted
that business has been held back by
the spectacle of continuously declining
prices for stocks and that once this
influence is removed there will be a
revival in trade, which is long over
due. If the technical position be i'm
paired by short-covering, 1t has also
been strengthened by the closing out
Of stale margin accounts left over from
the bull market of two years ago.
Neither side Is satisfied with its own
arguments and will not be until the
market confirms one view or the other
Therefore its action will be closely
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-06
MACHINES INCREASE
COAL MINE OUTPUT
Difference Between New and Old
Methods Pointed Out by Glenn
Southwark.

Basic differences between hand and
mechanical mining are pointed out by
Glenn B. Southwark, mechanization
engineer of the American Mining Con-
gress. Writing in the Mining Congress
Journal, Mr.. Southwark, who has made
special study of the mine mechani-
zat.on trend during the past few years.
says:
"Modernization of coal mining Is
being brought about through the adap-
ton of machines to all the underground
operations, and It Is being found that
men can be employed more probably
to themselves and to the company in
operating machines than in performing
hand labor. This Is true as general
proposition, but whether or not 1t is
true when applied to an individual mine
depends altogether on the amount OF
work done. If the actual performance
does not closely approach the capacity
of the machine. the operation will very
likely be uneconomical; at least there
will be a production loss and an in
creased operating cost which should
not occur 1t is hardly to be expected
that any machine can ever be operated
continuously at its full capacity, but in
order to- develop the greatest possibility
of mechaniZation IL must first be de-
termined how closely the potential ca
pacities Of the machines can be APP
preached. A machine operation neces-
states changes from hand-lcaoing
practices in every department under
ground. New mining methods require
new methods Of organizing the labor
employed and the production or per-
Torrance standards for measuring labor
efficiency with hand loading are not
applicable to a machine operation.
There are several basic differences
between hand and mechanical mining
A hand-loading mine is composed of a
large number Of small producing units.
while a machine operation consists OF
small number of large producing
units. The production of a hand loader
varies between different men in the
same mine and between the same men
on different days. while a machine Is
capable of giving a regular and con-
tinuouS performance. With hand tools
the men are selected by their ability to
stand up under hard work, and the
main effort of management Is to keep
the men busy. With power tools the
effort of management must be directed
toward selecting the proper machines
for the work and keeping them en-
ployed productivity, not merely keep
ing the men busy. For example, a
man using a breast auger is busy as
far as muscular effort Is concerned. So
Is dog scratching fleas, but neither
one accomplisheS very much. In any
mine the final measurement of effici-
ency is the number of tons produced
per man employed or, expressed re-
versely, the number of man hours re-
quired to produce q ton"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-06
SUDDEN SHIFT IN WALL STREET
SENTIMENT PUT MARKET UP
Psychological Factor Played Important
Part In Sudden Rally Which Followed
Long Decline In Securities.

Of the change in their prices. The other
four are giving shareholders the same
rate as they did in 1929, although the
permanency Of the current rates IN some
cases is under suspicion.
Comparative Figures.
In the November break in 1929 the
at $50. In that of December 1880, the
low point was 1876. When the market
turned last Tuesday 1t found steel SELL
ing around 80, or over 40 per cent
lower than the minimum when the
first bottom" Of the bear market was
reached. American Telephone g. Tele-
graph touched 1873 In November. 1929,
after selling as high as 310A earlier in
the year. In the second phase of the
was down to 1852 when the recent
rally began. Standard Oil of New Jer-
sey broke to AZ in 1929, to 431a in 1890.
but was around 80 the early part OF
this week. General Motors has changed
less than the other members of this
group. It has kept closer to its 1923
minimum of 331a. In 1880 it dropped
to 31Ea and has only been a fraction
below 1t this week. TIE dividends on
all Of these stocks are the same as in
1929. -
Now take the stocks whose dividends
have been reduced, New York Central
from to 6 per cent and Anaconda
from 81 to $3.50 a share.
Worst Discounted.
In 1929 New York Central broke to
160, after touching 2561a that year.
In December, 1880, it dropped to about
los and in the following February had
gone above 1872. The latest rally in
1t was, from a minimum of 71l2, or
a price IS per cent lower than the
bottom figure OF 1929. Anaconda fell
to 6734 in 1929 from about ITS and
to rs last year, and this week it has
been around $40 share.
These illustrations might be extended
to cover the stocks Of many other in
dustrial public utility and railroad
companies; also those Of prominent
New York banks, whose shares this
week went much below the bottom
level OF last December. They are suf-
f1cient, however, to indicate that the
latest phase CT the liquidation has car
ried securities into a price area so
much below those of 1929 and 1880
that they have discounted about the
worst that could happen in domestic
conditions. The episode CT this week
shows the effect on prices Of change
in a state OF mind. This frequently
does more to bolster UP markets than
a change in the state of trade.
tcopyright. 1917
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-06
ARE AWAITING PROOF
OF STOCK MARKETS CONDITION

watched next week. The optimists still
stress their belief that the wholesale
liquidation which enabled the shorts TO
cover at a profit so many times has
been completed. 1t was the supply Of
stocks from real holders that weighed
down upon the market even more than
short selling. With that factor elimi-
mated, the chances Of further advance
are improved.
One significant feature was the way
in which oil and copper stocks, repre-
direst straits, shared in this week S
rally. There has been no change for
the better in either of these two lines.
Instead, copper sold this week at the
lowest price in history and there was a
monotonouS succession of cuts in oil
quotations, and yet stocks of the lead
ing producers both of copper and of
oil had apparently discounted the worst.
Public Interest Small.
Public participation is still small
is favored. At least one well known
professional long prominent for his
bearish activities has been converted
and Is said to have taken a long
position in a list of selected stocks
He has not carried his late associates
with him and the issue between the
two parties is fairly Joined. The out
siderS are on the fence, awaiting the
outcome.
Regardless Of business conditions, it
is interesting to note that the total Of
to the point where 1t was when the
Coolidge bull market" started seven
Copyright, 1917
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-06
FIREsToNE TIRE & RUBBER.

AKRON. Ohio, June 6 (P).-Firestone
Tire & Rubber Co. for the six months
ended April &C had net profit which
amounted to Sl,367.519 more than that
for the fiscal year ended OCTOBER 81
last.
An announcement by Harvey S. Fire-
stone, president, after the board meet
ing today. said net profit for the COM
pany and all subsidiaries, including
Firestone Service Stores, for the six
month ended April 80. was $2,908,55
This compares with $l.54l ,034 reported
for the fiscal year ended october 81.
1890.
The profit for the first six months
Of the current fiscal year." Mr.. Fire
stone said. provides for the regular
dividends on the per cent cumulative
preferred stock. and also gives Sc cents
a share, or more than the dividend re-
quirements tor the six months on all
the outstanding common stock"
Mr. Firestonc added that with raw
materials, finished product and COM
mitmentS inventories at market prices
at the beginning of the fiscal year, and
with subsequent purchases made at Ia
vorable prices no further inventory adj
justments were considered necessary"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-06
Buying for Profit
BY GEORGE T. HUGHES.

II it is unsafe to buy securities offer.
ing a high yield, the question arises,
What is a high yield?" The answer
depends on the current charge for
money. A yield which would be con.
cededly dangerously high today might
have been perfectly conservative 10
years ago, when the leading railroads
of the country were paying Z per cent
on secured obligations
As good measure as We have Is the
market price of United States Govern
ment bonds and notes. There was q
brief period just after the war when
Government securities gave per cent
and over. 1t is quite different now.
when only little over per cent is
to be had on the longer maturities and
much less than that on those of short
term. Or, take the case Of the highest
grade of railroad mortgages-Atchison
general As, selling today above par. sold
at a discount of IL points only six
years ago. A stock or bond that Yields
per cent now carries a higher meas
ure of risk than the same return would
have indicated then.
Because of changed conditions in the
field of transportation, however. rail-
road issues are not as exact measures
public utility bonds. Taking the last
named group as a class, the extent Of
the risk-and there is risk in all in
vestments-varieS directly with the
spread between the yield the prime
utility bonds give and that on the Sc
curity in question. OF course. even this
rule cannot be applied without dis
elimination. 1t holds true most uni
formly with securities which are widely
known and which have an active mar
ket. Sometimes a local investment will
give higher return than the average
in its grade. because investors generally
are not acquainted with its merits.
Such holdings have the disadvantage of
not being easily disposed of, but they
do often increase income without de-
tracing from the safety factor.
1t only remains to say that as mat
tiers stand today, when more than 3
per cent is to be had on a mortgage
bond the reason should be examined
before the commitment Is made. and
when more than So per cent is offered
on a debenture issue, there should be a
similar investigation.
Copyright, 1917