davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1931-10-05
TIME HELD RIPE
FOR SHREWD
BUYER
Mart No Place, however, for
inexperienced or Those of
Small Capital, Says Haney
BY LEWIS HANEY
Director New York University


Bureau of Business Research
experienced observers have long
expected that the business reces.
sion would culminate in a period
Of fear and generalization, such
as we see in some quarters now.
Major business depressions al.
most always have such a period.
Time for Shrewd Buyer
1t is a time when the bold and
skillful buyer begins to look for
real bargains. Thost who are
lacking in capital and do not
have the training or experience
to make fundamental appraisals
should wait until markets quiet
down and become stabilized.
The risks are still too great to
warrant investments which are
not carefully considered and well
backed by resources. But bar.
gain day is near.
All this forced liquidation Is
heartrending. But it is the price
paid for booms and high flying.
If we will go to extremes one
way, we must expect extremes
the other way. The process is
harsh. but wholesome.
Weak Cleared Out
It clears out the weak spots.
1t eliminates for time the rash
sreculators (posing as investors),
who lack the necessary conserva.
tiSm, balance and foresight.
Sound men come into their own.
Now, at last, is the time to quit
being pessimistic. There is not
one-tenth the ground for pessim-
ism now that there was in 1929.
Values in all lines are far nearer
bottom. Most stocks now cannot
fall much lower. Most of the
weak banks have failed.
am told that some foolish
people are actually getting gold
coin and sailing it away in 5afe
deposit boxes! / know of at
least two cases of this.
Warning on Gold
But this is the surest way to
shake confidence in general busi-
ness and in the gold standard it.
self.
Keep your money in the bank
in the usual way, merely taking
the usual precaution to select q
well-established, conservative bank,
preferably one subject to strict
national or State supervision.
The Washington times., 1931-10-05
COTTON MART
PRICES SAC

NEW YORK, Oct. 5 U.N.sJ.
The New York cotton market was
barely steady during the forenoon
trading today. After resisting
pressure at the initial call when
prices were unchanged to five
points higher, the general list
sagged somewhat and new low
levels were reached in all posi-
tions.
Not a few look for a forecast
of 100000 bales on Thursday,
and it is thought that such a
factor has apparently been large
ly offset. A number of centers,
consistently bearish for a long
period, have changed or modified
their views in the past few days.
The market paid no attention
to a Al to As pence point advance
in Liverpool. It was thought
of as offsetting the new decline
of about seven cents in sterling.
At midday, December sold at
5.56, off S; January at 5.67, off
5: March at 5.86, off S; May at
sos. off 8, and July at 6.22, off
a.
The Washington times., 1931-10-05
RAIL STOCK SAC
SEEN As BLUFF
I FOR |. c. c.
Spectator Says Observers
See Slump As ManeuVer
to Bolster Rate Tilt Plea
BY THE SPECTATOR

NEW YORK, Oct. 5.-The prin-
cipal consolation, If 1t may be
termed such, for holders Of stock
ct present, Is that every addi'
tional session of decline brings
the market one day nearer turn
ing point.
Yet that does not explain the
unreasonable movements of q
market which by every recognized
rule Of, law and average was sup
posed to have been near bottom
months and months ago.
Rails In Example
Take the rails, for example.
Announcement Of the agreement
on trunk line consultations in
the East, bringing to a successful
conclusion years Of pickering, was
expected to stimulate demand for
carrier stocks.
yet Just the contrary developed.
True, rumors Of an impending un.
favorable rate decision by the In
terstate Commerce Commission
was said to have accounted for
much of the liquidation. Still
when one considers the average
earnings of leading rail shares
over the past five years or so,
carrier stocks may be considered
on the bargain shelf, with or
without a forthcoming rate in.
crease.
Bluff for Commission
That Is to impress the Inter
state Commerce Commission with
the dire necessity for a rate in
crease for the railroads. and how
better to show the need than Dy
making securities of these roads
look decidedly sick.
One cheerful aspect Of the pres
ent financial situation over
shadoWed by the erratic move
mentS Of stocks is the relative
stability being shown by the bond
market, featured by current
strength in foreign government
ohligations.
The Washington times., 1931-10-05
Fisher Wholesale
Price Index LOUUer

Professor Irving Fishers index
of wholesale commodity prices
made another new low since the
war with a decline of O.5O to 68. 10
a year age, the figure stood at
82.3, a drop of O.8.
Purchasing power of the dollar,
expressed in cents, registered the
fourth consecutive weekly gain,
standing now at 1859 cents com.
pared with 1853 a week ago and
1918 on corresponding date
year ago.
The Washington times., 1931-10-05
AUBURN SHIPMENTS

Shipments Of Auburn and Cord
cars for September totaled 851,
or approximately double that of
September 1880. r. H. Faulkner.
president Of the Auburn Automo-
bile Company. This brings the
total for the first nine months Of
1881 to 32,e96.
The Washington times., 1931-10-05

YeArS high ana prices carried previous ouOsa
Dividend rate IN dollars IN parsntheBeA
Dividend BymbolS-& extra: b. dividend
u stock; d. scrip: "sx-divdend: tsx-rightA
The decrease in value Of the pound sterling
should stimulate the English artificial silk mar
ket according to George H. Whigman, chairman
of the Celanese Corp.
Simon Guggenheim. president Of the American
Smelling & Refining Co., has expressed the opin.
ion that, in consideration of the smaller stock
holder dividends should be maintained so long
as it is possible for companies to do so without
the necessity Of borrowing to continue to pay
them.
The Indian government has increased duty on
imports of silver by 1h annas per ounce max
ing the new duty 7h annas or about Is cents,
an ounce. -
The barge canal type steamer Chester, Of the
Ford Motor Co.. docked in Chicago with 1900
tons (about IS, 900 cases Of soup loaded at Ches-
ter, Pa. The trip was made in nine days from
the Delaware River, up the Hudson via the
Barge Canal and the Great Lakes.
Cosach, the successor to Anglo Chilean Nitrate
Corporation has announced new price Of $36
a ton Of 1000 pounds for Chile nitrate, against
price Of Sal ton last year. This new price runs
to june 30. 1882. . .<... -..-.s.
The Washington times., 1931-10-05

YO0rS high and prtceS carried
Dividend dollars parentheBeR
Dividend SymboS-A extra: dividend IN stock: az
u stock: d. scrip: "sx-dlvtdend: fSx-rightA
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-10-18
A Crowl From a Republican Leader

Former Sen. Joseph Irwin France Of Maryland is an
avowed candidate for the republican presidential nomina-
ton In 1882. He is running as a wet and his feet will be
weary before he wins the nomination. This former sem
ator believes that Calvin Coolidge still has hope of being
nominated. He gives this fact as the reason: "Mr.
Coolidge is not eliminating himself. The fact that he
refused to even mention the name of Mr.. Hoover in his
recent magazine article, the fact that he was unable to
name a single personal quality of Mr.. Hoover that justi-
fies his continuance in office; all this is ignored in the
joyous thought of Washington that a possible rival has
eliminated himself"
Mr.. France has a mean disposition. He should be
told that Mr.. Coolidge never gushes; never sops over;
never enumerates the good points in the makeup of a
friend or the Objectionable traits in the makeup of a foe
man. Why worry? Mr.. Coolidge is out of it; Mr.. Hoover
is in it.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-10-18
American Dollar Sound Around the World

Rudolph Burgess is the European representative
abroad of the federal reserve bank of New York. His YER
dict is that tie American dollar is sound around the world.
1t is, butts it paving the way for foreign markets. for
American farm staples and the finished products of the
manMfacturer? Just at the present time the demand OF
thZ farmers of America is a foreign market for the sur
Tuses. They all know about the soundness Of the Amer
lean dollar. They all know about its increased purchas-
ing power. Their complaint is that the dollar is Elusive
and hard to catch, and that the low levels of farm COM
modify prices is a sign that money based on gold and the
credits of the nation is limited in volume and insufficient
to meet the demands of easy credit and extension of pay
ment of mortgages and loans.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-10-18
Texas Cannibals and Their History

Texans should not be chesty. Cannibals lived in
Texas as late as the year 1884. George c. Martin is
responsible for the tale-or the invention. He insists that
mineralized bones found in graves and kitchen middens
at Rockport clearly indicated their presence. Further
more these Texas cannibals bathed in shark oil to dis
courage mosquitoes and braided rattle snake buttons into
their hair for decorations. They raided inland Texas as
late as 1914, and then disappeared in canoes on which
they had hoisted stolen quilts as sails. They never have
been seen since. To quote from a once favorite poem,
90, why should the spirit of mortal be proud" Were,
these cannibals Of 1874 the descendants of LaFitte pirates
of 1914 and 1915? Why not sensational features tI the
story Of archaeology.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-10-18

seemed TO be swarming with
strangers. HOrdes OF newspaper
men had arrived on the scene
shortly after daybreak and Mr..
Jupiter Immediately ordered that
they be given the run or the house.
Mary, meeting him in the hall.
was amazed at the new vigOr that
seemed 10 have come 10 him. His
eyes glittered naturally as he
stamped about. now and then pound
ing the floor resoundingly with his
cane. Mr.. Ruyther. ST., was with
him, and Mortified beyond words at
finding his old friend occupied I'm
acting as guide around his own
premises for n flock OF "pressmen."
y. J.. I beg you to let me at
tend to thisl" Mary heard him ap-
pealing. "IIl have this pack out
OF here IN no time. Do you realize
what they'll make Of this? It'll be
plastered on the front page OF every
yellow sheet in the landl"
But the millionaire was obdurate.
Its all necessary. All neces-
sary," was all he would say.
Necessary? Who says it's neces-
sary?" the old lawyer demanded.
Inspector Kane. And I believe
him. All. you don't know how |
feel. Ruyther. Give them all the
help we can. Kane says. and In turn
they'll do their best to help US. You
never know. they may turn up
something that will be just the clue
we need"
Nonsense. They'll Just trample
the place till there won't be any
clues left. They'll tell everything
we know and a great deal we don't
know, and the criminal will know
every move that's being made TO
find him"
you're a lawyer. Pete. Kane
knows best. He and his men were
here At sun-up this morning. going
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-10-18
Quotations

II We want polygamy, let's have
IL, but let's not camouflage II am
monogamy.
Bishop Booth OF Vermont
The foundation or the relief or
distress, arising out u unemploy-
ment, must be &C lplste, effective
and energetic, local voluntary or
carnations co-ordinlting with 10
cal authorities.
Walter !. clifford. director or
Hoover's relief agency.
We have created for ourselves mn
enormous giant-the machine. Now
we must learn 10 control IT,
Assistant Secretary Jahncke or
the Navy.
To buy today is @ patriotic duty.
not unlike that or the days when
We bought Liberty bonds and o
d war. -Alvan MaeAuley.
Public speaking Is a. form OF dra-
matte art and has nothing TO DO
with thinking. Samuel Crowther.
There Is too much tendency on
the part OF some people to forget
tho devoted work OF the police, 10
forget the safety OF society and
victims OF criminals out OF sym
pathy with criminals themselves.
President Hoover.
When man begins 70 think. all IL
lost. Will Durant
The great problem that confronts
the world Is 70 gear down the pro-
ductive machinery. -SilaS Strawn.
Restraint IS a virtue not worth
mentioning until n has something
to restrain.
-Rebecca West.
Pacifists. hell, I'm a pacifist, but
I always have a club behind my
back.
Major General Smedley ID. Butler.
IT'S easier 10 keep slender than 70
take off fat. Billie Burke.
What a fetish the word cheap Isl
Cheap goods means cheap men.
Stanley Baldwin.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-10-18
Daily Health
Talk

1t has been found that the blood
serum Of people who have recently
recovered from the disease contains
4 substance which IS of the great
est importance IN attacking the dis
ease. II is therefore desirable that an
injection Of such SERUM be made into
the muscles and into the spine OF the
child that is affected as soon as
possible. This seems to be OF parti-
cular importance in preventing
paralysis. which Is one OF the most
serious results of this disorder.
During the first few weeks OF the
disease. the child must be kent
absolutely at rest because inflamed
or irritated tissue will always do
better when quiet. Later a competent
physician, by the use Of electrical
stimulation and careful massage,
ear begin to do much to restore 20
the p~aralyzed tissue the function
that has been lost. or particular
value in this work Is the system of
controlled exercise under water. or
so-called water gymnastics.
Governor Franklin d. Roosevelt
Of New York, who himself suffered
from infantile paralysis. has aided
In the development Of an institution
for this special purpose, but the
method is also available in most OF
the large cities OF the United States.
Frequently people with infantile
paralysis die because the muscles OF
the chest. which are concerned with
breathing. have become p~aralyzed.
A machine was invented which Goes
the breathing for such people unit,
the muscles get back their function.
1T has already been the means OF
saving many lives.
DR.. William II. Park, OF the Nev;
York City Department Of Health,
emphasized the very great impor-
lance Of early diagnosis and the wav
In which health departments can be
helpful for this purpose. II a child
has headache ~drowSiness. vomiting
diarrhea. fever. pain. stiffness Of the
back. leTs and SPINE. and general
'Tritability. 1t may be coming down
! with this disease.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-10-18
Muscle Shoals Bobs Up Again

Pres. Hoover appointed a commission to solve the
Muscle Shoals problem. That commission reported and
the report favored the manufacture of concentrated fer
tilizer and fertilizer materials and recommended private
operation of the costly plant under lease contracts. The
governors of Tennessee and Alabama and representatives
of the legislature Of the two states are members of the
Hoover commission. This places all responsibility or
most Of the responsibility on southern democrats. Now
what action will the congress take after organization in
the coming month of December?
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-10-18
Rurbs

Those three flyers who were saved
after Drifting in the ocean a week
demonstrate the moral that a man
may be downed but not out.
The mode might be worse than
the Empress Eugene. Surprising. for
example, there were a Queen Mary
vogue?
Andy Mellon, they say, didn't know
his aluminium company was to cut
wages. DelicateSsen dealers have O
word for it.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-10-18
By MA Service Inc

uy-r the grounds with a inet00th
comb. Whatever he's found. he'll
keep his own counsel until he's
ready to give II out.
The telephone again. Mary ran
to answer IL. almost stumbling In
her eagerness. But IL was only Mrs.
Ruyther. anxious about Dirk.
"He hasn't come in yet. and I'm
nearly franticl Is he there. by any
chance?"
Hes not here. but I'm sure it's
all right" Mary told her. "He-he
had some business that couldn't
wait"
Welt" Mrs. Ruyther expelled
an outraged breath. 1T must have
been pressingl" Mary began 70 an
ticipate what II would be like TO be
married TO an only child.
Dirk had gone Immediately 20
look for Eddie. then. Crazy. lovable
Dirk-he'I be dead for sleep. But
he knew what would still her wor-
~, and had gone straight after 1t
at once.
THERE were papers OF Mrs. Jupi-
l. ter's to be gone over. Mary.
sorting them as she turned them
over to her future fatheVin-law's
inspection. met his solicitous glance
with a smile.
"Bad business. my child. bad
business" he said. shaking his
head. What are you here fort
Why don't you and that boy OF
mine take the car. and 90 away for
the day? They'll be putting your
picture in the paper next" Mary
knew his objection 20 that was
more on his wife's account than his
own.
They have already" she smiled.
Didn't you see that angelic pose
Of me I'm all the afternoon papers
yesterday"
whats that? My God. we must
keep you out Of this!" His alarm
shocked her. She fastened 20 re-
mind him that the pictures in ques-
tion had been captioned. "To Marry
Rising Young Barrister IN May"
"Oh. Oh. That's different" His.
relief was profound.
But the incident unnerved hefA
More than eve she knew that Sc
crecy was necessary-that she must
be on her guard.
Mrs. Ruyther had never been too
cordial 10 her. "a daughter-in-law
without a penny's dowry was no
catch for Dirk. No doubt she had
thought IL all settled that II was TO
be Cornelia: had accustomed her
self 10 the thought OF what Cor
nelIa's money. Cornelia's connec-
tions, could do for her sons career.
Mr.. Jupiter sat crouched over the
library table. his arms outlung
upon II. staring al the papers Ruy-
Their shuffIed IN his hands.
MARY. my dear" be said. coming
out or his daze long enough 10
notice her. lis Kane still about,
have you noticed? Is there any
thing new"
The distress IN her face answered
him; he looked I'LL Suddenly he
brushed the papers out OF the law
yer's hands r~ecklessly.
"Put them up Put them up We
won't bother with them. Ruyther.
do you realize it's been hours. now.
and there's nothing-nothIng!"
He lifted his doubled fists and
shook them toward the ceiling. bis
face working with grief. Then no
seemed 70 collapse into his chair.
and sat breathing heavily. One fst
beat the table slowly: the knuckles
were white and tense.
Till that man Is found. I've got
something to live for" he 1erked
out 'Tll never rest till / meet
him. IL II takes the rest on my life
and every nickel I've goti"
Outside In the hall. the telephone
rang.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-10-18
Bl.s.aN MERE D

bEssHfN nEHE tOEAN
I'D MRS. JUPITER. wife OF n
millionaire automobile uanufae-
turcr. gives nm engagement din
ner and dance Tor her secretary
and profege. MARY DARKNESS.
who O. 90 marry DIRK RUf-
THEIR. SON OF n blue-biooded
family.
Mary receives n telephone call
from her 4scnpeErace brother. Ed
DIE. saying he In I'm trouble and
must see Ter. The house In strict
IL guarded against "~gnfe-crnah-
ers" because Mrs. Jupiter In wear
Ing the famous Jupiter rubies.
Mary for Eddie 20 ne
admitted secretly. When goes
upstaIr. 90 meet him h nnds
Mrs. Jupiter robbed and murdered
In her room. Running t0 hnd
Dirk she sees him In the garden
with CORNELIA TABOR, his
childhood sweesheart.
now co ON WITH THE STORY
CHAPTER Nv
INSPECTOR KANE glared at the
! young detective with wrath that
was almost apoplectic.
Gomez" he beloved. What do
you mean. gone? I left orders no
body was to leave the premises till
they had permission. How the hell
could they be gone?"
Spence came YEARLY into the
room and was hailed by the de-
tective.
"Hey!" he demanded You know
anything about this?"
Before the butler could reply. Mr..
Jupiter appeared In the doorway.
leaning heavily on his stick.
"Oh. Mr.. Jupiter" Inspector
Kane said. dropping his voice re-
spectfully. "We may be on the
track OF something. I hear one OF
your girls has disappeared. and a
chauffeur with her."
The millionaire stared about the
brilliant almost empty room. Curl
ously; then made an obvious at
tempt to focus his mind on what
the other man was saying.
zone OF the girls. eh?" His voice
was fat and weak; 10 Mary the
sound was almost unbearaDly shock
ing. A mans grief is not pretty TO
see or TO hear. "You looking for
Bessie?" He cleared his throat; his
voice seemed a little strange. Il
sent her out with Tom over an hour
ago, to send a cable. My son, you
know" he explained. Hes in Eu-
rope. / wanted TO let him know.
They ought to be back by now"
Kane was obviously d~ispleased,
but IL was plain be had no taste for
reproving the old man. In spite OF
the fact that he had just come from
the room where his dead wife lay.
he seemed 10 be looking and listen.
ing for her. His eyes roved duly
about the room: his nervous hand
clasped and unclasped on the han
die Of his cane.
That's o. X, guvnor," the In
spector growled. Make a note Of
that. Hayes. and get their stories
tomorrow. Everybody get to bed
now and I'll be back tomorrow and
pick up the loose ends. Anything
turns up in the meantime, you'll be
informed"
THEY were all gone. and Mary
and Dirk stood together at the
bottom Of the stairs. his arms fold
ed about her. his cheek against
hers.
Il can't 20 up therei / can'tl"
Mary 3huddered.
you don't have to. Come home
with me-"
I'VE mustn't rouse your house
hold. No. I'll stay here. Eddie will
call. and | don't want to miss him."
"Of course. I understand. But
you'll be all right? You won't
worry?"
I'm dead. I'll sleep like a log"
To change the current OF her
thoughts. and for other reasons
purely his own. he drew her to him
and kissed her.
I'm glad IL was something really
important that kept YOU" he said
u last. with grim humor
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-10-18

lection Of suitable serum may be the
means Of prompt recovery and OF
prevention of the paralysis.