davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1931-06-26
Gas Refrigerator
Sales Are Doubled

Sales of automatic gas re.
frigerators by the Consolidated
Gas Company, of New York, and
it's affiliated gas companies
during the first five months Of
1881 were 1913 per cent ahead Of
the same period of 1929. and 4O.S
per cent ahead of 1880. accord.
ing to oscar H. Fogg, vice presi-
dent.
The actual figure for the five
month period of 1881 is 14,034
gas refrigerators sold, as COM
pared with 9,96S for 1880 and
6,174 for 1929,
The Washington times., 1931-06-26
7 v D UTILITIES
HERE SHOW
NET GAIN
$55,313 Increase Is Reported
For May by W. R. & E. Co.,
and $16,651 lump for Pepco

The Washington Railway and
Electric Company and the Poto-
mac Electric Power Company both
report to the Public Utilities Com
mission increased net income for
May this year, as compared with
the same month in 1890
The railway company's report
gave the net income for May as
48,390.63 compared with $685.
OT7.25 last year.
Expenses Lower
Operating revenues are re-
ported at $471.724.30. against
$473. .466.32 in May a year ago;
operating expenses and taxes
called for 1882, ,692 .99 in compari-
son with $404, ,490.62 in tue same
period in 1880; leaving an op-
Grating income of $50 OBJ 40
against $68,97570
Incorporating income totalled
$413, ,42O.49. compared with $780,
1850 in May. 1880.
For the fist five months of the
year Washington Railway and
Electric Company reported cperat-
ing revenues amounting to $2,313,-
859.98, against $2,343, 3,295.72
Operating expenses ana taxes
required $1,897 ,979.19, compared
with $1,933,198.19 year ago.
This left the corporation with
net operating income # $415.-
880.79 in comparison with $410,-
097.53 last year.
PepcO Revenue Higher
Operating revenue of the Po-
tomac Electric. Power Company
for May we're given as 863,714.02,
against 1897 ,526.34 last year, a
gain of $26.187.6S.
Revenue deductions took away
$455 ,891.07, compared with $780,
O09.95, difference of nearly
$4,000.
These deductions left the cor
poration with a net operating in
come of $407 ,822.95, against $387,-
516.39 a year ago.
After all the other usual deduc-
tions the company reported net
income for May of 1857 1896,
against $340,805.41 in May, 1880,
or q gain in net earnings of $16,-
651.55.
Five Months Gain
For the first five months of the
present year the Potomac Elec-
trio Power Company received op-
Grating revenues of $4,508.345.11,
compared with $4.438,95o 80. a
gain in 1881 of $50 9,358.81
The Washington times., 1931-06-26
GRADE To RULE
BOND DEMAND

Considering all phases Of the
we believe the bond
market will continue to be highly
says the Standard Sta
tics Company, of New York, in a
bulletin, which continues, in part {:
with the opening Of the pc
riOd of seasonal dullneSS and
evidences of further recession
in basic indiceS of general bust
ness activity, it is probable that
the existing spread between
prime and secondary bond is
sues will continue until there is
some tangible manifestation of
an imminent increase in cOrpO-
rate earnings.
"In view of the prevailing
trend Of factors, which vary in
versely to high.grade bonds, we
believe that investment demand
for the present will continue to
be concentrated in United
States Government securities
and other prime issues"
The Washington times., 1931-06-26
1ancial Nes Stocks Bonds Commodities and Comment
Big Securities Companies
Merge Offices Here

Marshall o. Exnicios and L.
Clark Brown have been named
joint managers of the Washing
ton offices of the newly merged
New York Chase Securities Cor
poration, and Harris, Forbes &
Co., under the name Chase, Har-
ris, Forbes Corporation. They
will have associated with them in
offices to be located at 922 Fiji
teenth st. N. W., Wilfred I.
Goodwin, jr., and j. Sheridan
Bays.
Smith Heads Merger s..
Lloyd w. Smith, chairman of
the Harris, Forbes board, is chair.
man of the governing board of
the merged concern, and other
executives will be John R. Macon
ber, Boston: Halstead G. Free.
man, E. Carleton Granbery and
Harry M. AddinSell.
Albert H. Wiggin, chairman of
the governing board of Chase
National Bank, will continue as
chairman of the board Of direc-
tors of Chase Securities Corpora
tion.
Harris, Forbes, which led all
other investment banking houses
in the number of securities dis
tributed in 1929, passed to the
control of the Chase Bank inter
eSts a year ago.
Merge for Economy
At that time, a contract was
drawn up calling for maintaining
Harris, Forbes as separate cor
poration for two and a half
years. For reasons of economy
and efficiency, it was decided to
The Washington times., 1931-06-26
Gain Is Reported
In TypelUriter Sales

Underwood Elliott Fisher Com
pany's portable typewriter plant
at Bridgeport, Conn.,, is enter
ing it's sixth month of full op-
era tion and sales of this model
for 1881 to date are sharply
ahead of those for the CORE
spending 1880 and 1929 periods,
respectively, Philip D. Wagner;
president of the company, stated
yesterday. A new model of this
machine was introduced last Feb
ruary,
The Washington times., 1931-06-26
Government Asked
To Withhold Wheat

President Hoover was urged by
Representative Andersen (R0, Of
Minnesota, yesterday to withhold
all wheat held by the Government
from sale until after this years
crop has been marketed.
q Mr.. Andersen said the Govern
ment's wheat stabilization board
now has about 200.00O,0 900 bushels.
If it's sale is deferred it will in
crease the price of this years crop
IS per cent, he said He urged
President Hoover to call meet
ing of the 'F'ederal Farm Board
to discuss the proposal.
The Washington times., 1931-06-26
UTILITY LAW SIGNED

Gov. Ross S. Sterling of Texas
has approved the bill passed oy
the legislature at its recent
regular session which permits
Incorporated municipalities Of
500 population or more to fix
and regulate the rates of gas,
light. water and telephone COM
panies. The bill also provides
that rates of these public utilities
shall be referred to vote Of the
people by the city council upon
petition of citizens.
The Washington times., 1931-06-26
Bank Auditors Pick
Committee Members

The auditors section of the Dis
trict Of Columbia Bankers Asso-
citation, meeting at Olney Inn,
Olney, Md, last night, elected to
the executive committee Arthur
]. Linn, of the FederalAmerican
Bank & Trust Co.; William M.
Harris, of the Lincoln National
Bank; Joseph Boyd, of the Sec
ond National Bank: j. C. Elgin,
Of w. B. Hibbs & Co., and Ralph
Endicott, of the Washington Loan
& Trust Co. Mr.. Endicott, chair
man OF the section, presided.
The Washington times., 1931-06-26
$4O7, 900 Is Lou Bid
On Vets HOSpitGL

Worsham Brothers Construction
Company, of Knoxville. Tenn, yes.
terday submitted the low bid
to the Veterans Bureau for a
new Veterans Hospital at Hunt.
ington, w. Va. The figure was
S407, 900.
Murch Brothers Construction
Company, of St. Louis, bid 1885,,
900. and the National Construc-
tion Company, of this city. bid
$438,000. The new hospital will
have 125 beds.
The Washington times., 1931-06-26
Treasury Deficit
Increases SLiqhtLu

For the second day in sue
cession, the Treasury deficit
showed a slight increase, reach
ing $867. .646,731.
Government officials had hoped
that the amount might be cut
to $3.50, 100000 by June Is.
Income tax payments for the
second quarter totaled S281, ,992,.
245 up to June %, sum consid-
erably below that of a year ago.
Operating costs were slightly
above those of a year ago
The Washington times., 1931-06-26
Capital Is Reduced
Bu Lehman Company

Stockholders of the Lehman
Corporation, at a meeting in
Wilmington, Del, yesterd y.
adopted by substantial majority
the proposal to reduce the capital
of the corporation by the retire
ment of 126,6OO shares owned
by the corporation.
The Washington times., 1931-06-26
BEARS MAKING
MISTAKE NOW,
HANEY HINTS
Market Showing Surprisingly
Good, He Says, and Attack
May Be Wrongly Directed
BY LEWIS HANEY
Director New York University. BuPeau
Of Business Research and Former
Economist of Federal Trade


Director New York University, BuReau .
Of Business Research and Former
Economist of Federal Trade 81.
Commission. 4
So far the stock market has
made surprisingly good show
ing. On the little reaction Tues
day, there was no sign of a col
lapse, such as might. have been
feared after such a sharp rally.
Wednesday the trading became
more two-sided and some dis
tribution was plainly apparent
but prices held well and closed
near the top for gains Of from
2 to 4 points in typical cases.
Average Gains Small
It is well to note that the more
comprehensive averages have
made only small gains. One aver
age of ST stocks gained less than
two points in the two days, Sat-
urday and Monday. IS,
Another average Of 100 stocks
gained only a little over 215
points. But an average" Of 50
stocks, which contains a large
proportion of the old blue chips
was up about IS points.
Those who follow the averages
containing fewer stocks are apt
to get a wrong impression Of the
market as a whole.
Short Covering Helped :
The fact is that Saturday ana
Monday saw a large amount Of
concentrated short covering in O.
few stocks, which forced them
up sharply. But the great ma
jority of stocks responded rela"
lively little. :.
Maybe the bears have been !.
making some Of the mistakes
which the new era bulls made.
They may have concentrated too
heavily on certain black chips !
just as the investment trusts did
on the blue chips. "
While speculation continues to
center on the old favorites, many
of which show very low yields, =
think the underlying trend Is, or
will be, toward an investment
basis. And that must mean that
the best stocks to invest in are
mostly to be found among those
which are not jumping around
so much.
Show Best Yields .
Such stocks show the more at =.
tractive yields and price-earnings
ratios.
It is queer how little we hear
about price-earnings ratios nova
days. One might suspect that
this is due to the unfavorable
showing made by good many
OF. the favorite trading issues.
It seems fair to say that con-
siderable number Of such issues
are too high. On the other hand,
not a few stocks are plenty low
enough for investment and are
doubtless being bought cautiously
for the pull. .;
This is one reason why ] think
that the market is not through
with it's troubles. Further read
justments and unsettlement are :
probable when this rally has run
its course.
The Washington times., 1931-06-26
COTTON MEN PICK BLALoCK

U. B. Blalock, of Raleigh. N. c.,
vice president and general mana.
ger OF the North Carolina Cotton
Cooperative Association. yester-
day was elected president of the
American Cooperative Associa.
tion.
The Washington times., 1931-06-26
OPPOSE RATE INCREASE

Opposition of the New York
State Travellers Association, Inc,
to the increase in railroad freight
rates is declared in a communi.
cation sent by its president, Louis
s. Kan, to the Interstate Com
merce Commission.
The Washington times., 1931-06-26
LEHIGH COAL DIVIDEND

Lehigh Coal & Navigation Co.
has declared the regular quarterly
dividend of 80 cents, payable All
gust 81 to stock of record July 81.
The Washington times., 1931-06-26

make the consolidation on July
l of this year.
Headquarters for the consoli-
dated companies will be in the
Chase National Bank Building.
1t will have q nationwide organi-
zation with offices in 50 cities in
the United States, two in Canada
and several in the foreign capt.
tails.
The Washington times., 1931-06-26
New York Bond Market
Fractions represent Sends
1911 [ nlsaLs fOi I.J2
United States

United States High Low Last
Liberty AIS '32-47. .l1O2 18I1O2 lsl1O2 Is
Lib lst 4As 'S2-47. t103 12j1O3 l0ilOS IL
Lib Lth 4l1s 'a2-2S. l1O4 2bIlO4 24i1O4 Is
The Wrangell sentinel., 1931-11-13
LIGHT DEPT. MAY
 REDUCE RATES

The Light Committee of the City Council announces that there now seems to be a possibility of a re- duction in the minimum charge in residence consumption of electricity.
 The new unit is now on the line and is giving very satisfactory service and it is believed that the cost of operation will be cut ap- proximately in half to what it has been heretofore.
 H. Wellons, resident agent in Wrangell for the Interstate Power and Light Co. from whom the new equipment was secured, is dispos- ing of the problems which have come through the new rate struc- ture as rapidly as possible It is his business to put the city light plant on a paying basis and to that end he is seeking to eliminate the features which caused the deficit in the old company.
The Wrangell sentinel., 1931-11-13
Acton Praises Town
 Hall At Metlakatla

Staff-Capt. Joseph Acton return ed the later part of the week from an inspection tour of the Salvation Army work at Metlakatla, Saxman and Ketehiisan. At each of these places he found the work progress ing satisfactorily. At Saxman the Salvationists are erecting a small Citadel in which to hold their services, the work all being done voluntarily and most of the ma terial being given by the Natives themselves.
 One of the finest public build ings in Alaska, in the opinion of the Staff-CaDtain, is the Town Hall now under construction at Metla- katla. It is equal to many Civic auditoriums which may be seen in cities of many thousands popula- tion in the states. The main auditorium will seat approximately eight hundred to one thousand people, while rooms for various re- quirements are at one side and the rear of the building. A stage which will accommodate between. so and TO people is special feature. A large number of show CT baths are ping installed especial 1y for the use of basket ball play CTS. A band room as well as sev- eral other rooms for civic purposes are also part of the arrangements of the building. Preparations are being made for the opening cere- monies sometime in December.
 Dredging operations in the Thomas Basin at Ketchikan. re- ports the Staff Captain, are near ing completion The deposits from the dredging have been used to fill in tideland of about two acres in extent and eight feet high. This space will be used for the con struction of several Government buildings at a later date. The breakwater which is also nearing completion will assist in making an excellent harbor at Ketchikan.
The Wrangell sentinel., 1931-11-13
Town Council DeferS Making Over
 Old Grade School Into City Hall

The regular meeting of the Wrangen City council was held Thursday evening. November 5. with Mayor c. P. Kirtland and Councilmen E. M. Campbell, H. R. Coulter, A. Sorset, F. c. Hanford and L. A. Olsen present.
 Street Committee
 H. R. Coulter, chairman of the street committee, reported that the streets were in need of considerable repairs; that tthe repairs in Cow Alley had been commenced but not completed. He also recommended the purchase of a spot light for the use of the street commissioner in connection with work on the lighting department at night and he called attention to the fact that the street lamps, the purchase for which had been authorized some time ago had not been pur- chased. The street committee was authorized to make the purchase of such street lamps as were needed
 Chairman Coulter also reported that Ole Johnson had made re- quest for the construction of a six foot walk between blocks 1 and 5; his property abutting on both sides, and he having already donat- ed a part of the land, A motion prevailed that the street committee be empowered to act and arrange for the construction of a suitable walk as requested by MT. Johnson, The street committee was requested to obtain an estimate on the cost of sewer from the hospital to con- nect in where the sewer crosses the road back of the school.
 Inspection Of Chimneys
 The Fire Marshal was requested to make his usual fall inspection
The Wrangell sentinel., 1931-11-13
FIGHTING SEVERE
 IN MANCHURIA

LOND0N:-Severe fighting, in which Chinese troops forced the retirement of Japanese field forces advancing north from the Nonni River area, was reported in a dis patch yesterday in the London Daily Herald. . The Harbin core spondent of the Herald also stated that two thousand Chinese Irregu- lars, attacking Japanese troops guarding the South Manchurian Railway station at Changchun, were repulsed with heavy losses.
 General Nah Chan Shan. Chinese commander of the Heilung Kiang provincial troops defending An ganchi and Tsitsihar in the North, in the Russian zone of influence, has temporarily repulsed the Jap anese assault, the dispatch stated
 American troops were to join British and French in defending Tientsin foreign concessions from rioters last night according to word received by the us. Legation in Peiping.
The Wrangell sentinel., 1931-11-13
New School House
 Has Formal Opening

A crowd that filled the audi torium of the. school showed the interest of the community in the formal opening of the building on the evening of October 30, and en- joyed the program that had been arranged for the occasion.
 Preceding the musical part of the program, Rev. H. P. Corser gave a short history of the school movement in Wrangell, ending with plea to the parents to stand back of the school in it's endeavors to train the boys and girls for good citizenship as they had stood back of the movement for the fine building which has been provided. Supt. Rasmussen urged the visit ors to make a tour of inspection of the entire building after explain ing the workings of the heating and ventilating systems and the why of the many details of the building which might not be ap- parent to the casual visitor. He gave the location of the various rooms and departments and their respective teachers and invited those present to visit the Domestic Science room for freshly baked cookies and a cup of coffee before returning home.
 Under the direction of Miss Brunsyold the school orchestra played Chimes of Spring" and the Girls Glee Club, accompanied by Miss Dorothy Voss, sang Ken lucky Babe" This was the first public appearance of the Glee Club and they elicited much applause. Miss Brunsvold was accompanist for the vocal solos by Marjorie Johnson, "Amapola" in Spanish and De OF Ark's a-Moverin," that closed the program.
 While the Domestic Science room was a popular place during much of the evening, especially to the housewives of Wrangell. and the Science and Manual Training rooms were especially attractive to the men, all the rooms and their respective teach CTS received their share of yisi- tors.
 As the entire day was dedicated to the formal opening, many vis- ited the school in the afternoon, also.
The Wrangell sentinel., 1931-11-13
CIVIC CLUB SILVER TEA
 AN ENJOYABLE AFFAIR

The Civic Club is greatly pleas ed with the earnings of the silver tea which was given Armistice Day and desires to express it's ap- preciation to the community for it's interest and to the Wrangell Hotel for the use of the spacious lobby.
 The five tea tables were center ed with American and British flags and the napkins were decorated with tiny American flags or the
 ri-color of France. Appropriate 10th to the purpose of the tea and -he occasion, the young ladies who assisted the Civic Club women by taking charge of the tables. Miss Margaret Mccormack, Miss Etolin Coulter and Miss Marjorie Johnson, appeared in nurse uniforms and caps.
 About 50 enjoyed the tea and the proceeds of the afternoon amounted to $63.21 The pair of pillow slips which was given away went to Leonard Campbell.
The Wrangell sentinel., 1931-11-13
NEW ALIGNMENT R. R.
 INTERE&TS POSSIBLE

SAN FRANCISCo:- Possibility of a new trans-continental rail road, or new alignment of rail- road interests between New York and San Francisco, was seen yes terday in announcements of changes in the presidepcies of three im- portant lines. Speculation in rail- road and financial circles yester- day was chiefly concerned with the part played by Arthur Curtiss James, largest individual holder of railroad securities in the United States, in the realignment of these executives. Though his name did not appear in any of tho announce ments, it is known that James virtually controls the Burlington, Great Northern, Western Pacific and Denver & Rio Grande rail- roads, and he is believed to have important holdings in the New York Central
The Wrangell sentinel., 1931-11-13
Salmon Fillets May
 Be Big Industry

After the disposal of routine business at the Chamber of Com merce weekly luncheon last Mon day, Dr. R. N Scruby, president, asked John F. Chamberlin of Ket- chikan. to address the chamber.
 MT. Chamberlin responded by telling of the interesting experi- ments conducted in Ketchikan during the past summer in fillet- ing salmon by the quick freezing process, for Eastern markets.
 Seven cars of salmon steaks were shipped by J. E. Berg and reports show that the fish was as fresh on the day of it's arrival as when it was packed, although it had been eleven days in the ship ping cars. The entire shipment sold within IS days and there was a demand for more.
 Each steak was packaged in in dividual cellophane and the quick sale, said MrrChamberlin, demon strated the difference in the sell ing power of piece of fish dis played on a dealers block and a steak wrapped in cellophane, and attractive and appetizing in ap- pearance.
 MT. Chamberlin believes that the filleting of salmon will open up an entire new industry to AL aska aud will result in added rev enues far beyond what is now an- ticipated. He believes that the new form of marketing and the new process of freezing will ere ate a market for fish that are neglected at present, such as the black cod and red snapper.
 Under the old freezing processes it has not been possible to get the cod on the market in it's pure whiteness and the change in col or decreases it's market value to such an extent that it is not prof fable to ship it to Eastern mar kets. All this. MT. Chamberlin believes, will be changed by the new form of preparation for the market.
The Wrangell sentinel., 1931-11-13
BACKWASH OF WAR CAUSED
 DEPRESSION SAYS HOOVER

WASHINGTON, D. C.-President Hoover in an Armistice Day ad- dress attributed the business de- pression largely to a loss of con- fidence, declaring that the prob lem of statesInanship ill every country is to reestablish faith Mot alone of each nation in its own institutions, but among na- tions." "The backwash of forces loosened by the great war has grown" the President said, " un- til during the past two years stability of many nations has been greatly shaken. This, with the fears and Encouragement for the future, we k e ed confidence throughout the whole financial and economic world. That loss of con- fidence added enormously to un- employment, to the distress of agriculture and business every where. From it all we have been passing through an emergency second only to the great war" The President warned nations that peace is not to be had "by resolu- tion and injunction alone" and said that "We must not assume that peace for which these men died has become assured to the world"
The Wrangell sentinel., 1931-11-13
LAW MAY KEEP MRS. JUDD FROM GOING
 TO TRIAL FOR MURDER

PHOENIX, Ariz.-Arizona law may keep Mrs. Winnie Ruth Judd from going to trial for the trunk murders of her two devoted com panions, Agnes Anne Le Roi and Hedvig Samuelson. Despite the fact that she was held for trial, possibly within thirty days, in a Maricopa County Superior Court, her defense counsel clearly idicat- ed Arizona authorities first would be compelled to prove that the "Velvet Tigress" is in possession of her mental faculties. Any de- mand upon the Arizona courts, with sufficient affidavits to ques- tion her sanity. would compel a sanity hearing.