davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21

name: stockholders approve sale of
10O,O 900 shares of company's common to
executives at minimum price of S25.
Loft, Inc, net income six months
ended June 80, $2l9,005, equal to 81
cents a common share, against deficit
$260,971.
Madison Square Garden common
share earnings year ended. May 81,
$1.04, against $127
National Air Transport-June quarter
common share earnings, 81 cents,
against 81 cents; six months, 40 cents
against SO cents.
National BiScuit-June quarter COM
mon share earnings, &c cents against 80
cents; six months, $137 against 81 48.
Southern California Edison, Ltd
June gross up 0.6 per cent, net off 3.5
per cent; six months gross up is per
cent, net up 80 per cent.
Standard Oil Co. of Ohio buys 81
gasoline stations from Ref1nerS Oil.
United Fruit Co. subsidiary, Revere
Sugar Refinery, marks up price of sugar
10 points to ATS cents pound.
United States Pipe & Foundry COM
mon share earnings 6 months ended
June 80, 80 cents, against S176.
Youngstown Sheet & Tube-C. S.
Eaton resigns as a director and member
of Executive Committee.
American Wooden Co. operations re-
sumed at Weybosset Mill, when employees
striking for restoration of 1912 per cent
December wage cut return to work;
wages reduced Is to 20 per cent at the
Ounegan mill.
Chicago, Rock Island & Pacific Rail
road subsidiary, Peoria & Bureau VAL
ley Railroad declares $3.50 common
i ;,,iLa Il.
Fanny Farmer Candy Shops, Inc,
first half preferred and common diVi-
dens reported earned by a substantial
margin; increased returns expected in
second half.
American Sugar Refining advances
price of refined sguar to 4.74 cents a
pound.
Associated Apparel Industries deficit
months ended May 81. S132.243,
against net income $632,792 equal to
S3.O1 a common share after adjustment.
For n per cent stock dividend.
Kelly-Springfield Tire June ship
ments to dealers up 27.7 per cent from
May and 436 per cent from year ago.
National Sugar Refining advances
price of refined sugar 10 points to AIS
cents a pound.
New York, Chicago & ST. Louis Rail-
read June surplus after charges off 1913
per cent.
Fierce-Arrow Motor Car first half
unit sales 1887 vehicles, against 1896.
Republic Steel tin plate mills operat-
ing at "A per cent of capacity.
! ST. Louis-San Francisco Railway 1890
earnings expected to be between 81 and
| So a common share.
Stutz Motor Car-Surplus reported to
have increased $2,332,541 between Oc-
| toher al 1910 and Nav Al 1921
Tampa Electric Co.-Declares 2 per
cent semi-annual stock dividend and so
cents quarterly cash dividend on COM
mon shares
Trunz Pork Stores common share
earnings, six months ended June 80, 90
cents, against Sill.
General Railway Signal June quarter
common share earnings, $163, against
SLIP; six months, S2.l0, against S3.O4.
General Foods June quarter common
share earninas 81 cents, against SO
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, July 21.-The following
is a summary of important corporation
news prepared by the Standard Stats
tics Co, Inc, New York, for the AS
ISOLATED Press.
News Trend.
Although the actual number OF auto
mobiles produced last week was smaller
than the preceding week, the decline
was less than the usual seasonal recess
sion. The total output for the week
ended July l8, according to Grams Au-
tomotive Reports. was so .944 cars. COM
pared with 81 1893 cars in the previous
week, and SO, 1888 cars in the correspond
ing 1880 week, which was caused by the
beginning of a three-Week suspension
by Ford. Most of the manufacturers
curtailed their schedules and had it not
been for further increase in the out
put of Plymouths, the decline would
have been much greater.
The Companies.
Aviation Corporation Oelaware)
deficit six months ended June 80, $729,-
480. against deficit $3,236,318.
Beech-Nut Packing June quarter COM
mon share earnings, SLAP, against $1.72;
DIOo, against SG.OO'
Buffalo, Niagara g. Eastern Power
June electric output off 20.2 per cent;
six months off 1873 per cent.
Capital City Products omits dividend
on capital stock; paid "a cents April l.,
1881.
Chesapeake & Ohio Railroad June
quarter common share earnings 90
cents, VS. S1.o4; months, $1.55, VS. ST go
Commonwealth Edison June quarter
common share earnings S267, VS. $2.66;
II months, $11.08, VS. Sl2.09
Congoleum- Marin 25 cent common
dividend; pair so cents, october 80,
1925.
Electric Auto-Lite first half earnings
Appropriated So a share; operations of
companys Toledo plant were around 81
per cent of capacity and Niagara Falls
plant about 60 per cent.
Fashion Park Associates, Inc, full
time operations resumed at plants for
first time in Is months; 3,400 workers
employed.
Godchaux Sugars Inc. advances
price>of refined sugar 10 points to ATS
cents a pound.
Graham Paige Motors. operations on
basis of four days week; to have two
weeks vacation shut down in August.
CRANKY Consolidated mining, Sn1elt-
ended June 80, before depreciation and
depletion, $177,433 VS. $1,106,485.
Graymur Corporc ton - Liquidating
value June 80, 1884 common share,
against S34.21 December 81, 1929.
Inland Steel operating at 35 per cent
of capacity, against 40 per cent last
week
Krogsr Grocery q Baking Co. oper-
stcd 4,965 stores as of June 16 1881;
entire chain to be identified by Kroger
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21
SHOE SALES GAIN
| FEATURES TRADE
Replacement Demand Gives
: Industry Real Boost De-
spite Depression.

Special Dispatch to The Star.
NEW YORK, July 21-Although the
recession from the Spring rally in busi-
ness. which ended in April, was EXTEND
ed in June. the index for last month
remained above the extreme low level
of November to January, according to
the analysis of the industrial situation
issued today by Moodys Investors Serv-
ice. The survey estimates also that the
July index will not show any substan-
tial decline.
In the relative classification. one in
duStry-shoes-has been raised to the
highest grouping since the preceding
months report. This advance. MoodyS
states, is due to the rapid recovery from
depression influence on account of the
large replacement demand created by
abnormally low purchases of footwear
in 1880.
"Fair-tO- Good" Industries.
Other industries in the fair-to-good
ranking are can manufacturing electric
power and light. food products, gas,
telephones and tobacco.
The 10 industries listed in the inter-
mediate, or fair, position comprise APP
parel, automobiles chemicals, electrical
equipment, leather. motion pictures,
publishing and printing, rayon, retail
trade and tires and rubber.
Included in the lowest, or poor to
fair, ranking are agriculture, agri-
cultural implements, aviation, building,
cement, coal copper, cotton and cotton
goods, fertilizer, machinery and machine
tools, meat packing miscellaneous
metals Office and business equipment,
paper, petroleum, radio. railroads, rail-
way equipment shipping and ship
building, silk and silk mills, steel. sugar,
fractions and wool and wooden mills.
Basic Conditions Good.
Business activity. on the whole, re-
mains deep within the depression area"
the analysis states, and it will take
sustained recovery lasting at least a
year or SO to bring us back to normal
So far as the United States alone is con-
cerned. it seems probable that such q
recovery could start at almost any time,
provided there were not formidable
obstacles TO a complete restoration of
confidence.
Unfortunately such obstacles have
been rendered rather serious by recent
developments in Europe. Basic condi-
lions, nevertheless, are favorable to
recovery in this country once it is able
to get under way on the basis of solid
confidence
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21
EARNINGS REPORTED.

NEW YORK, July 81 lP).-The Her
shcy Chocolate Corporation and af1ili-
ated companies today reported for the
June quarter an increase in earnings
over the like period of 1880.
Net income for the quarter this year
amounted to $2,047950, against Sl,933.-
E96 for the same quarter in 1880. Net
for the first half this year amounted
TO S4,718,690. compared with S4,253,7l4
IN the first half of 1880
Island Greek Coal Co. for the first
six months this year has net prCht OF
1898 2o2. equal to S1.21 share on the
common stock. compared with $1,1l9.-
SOP, or Sl73 a share. in the flrSt nail
last year.
United States Leather Company re-
ported for the June quarter net loss OF
S3l8284, compared with net pront OF
$19,859 in the like quarter OF 1851.
General Railway Signal Co. tor me June
quarter had net earnings OF S5o4,6oo,
equal to $l.64 a share on the common
stock, compared with S650'S33, or Sl.fI
a share in the June quarter last year
Virginia Ircn. Coal g. Coke Co. re-
norted for the quarter ended June 30
net profit of $26,828, compared with
net loss of S68. 766 in the corresponding
period of 1880.
Briggs & Stratton Corporation re-
ported FOR the first half net profit OF
S320,O42. equal to $1.O6 a share, COM
nared with $685.. 845, or $2.07 a share,
in the like period last year. -.
Artloom Corporation reported a loss
of S225. 957 for the six months ended
June 90. which. after adding deprecla-
ton allowance of s32,7oo, makes a to-
tai net loss of $258,657 for the period:
This compares with total neI loss OF
S43.249 for the corresponding 81"
months of 1880.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21
Business Notes
81 the Associated Press.

NEW YORK. July 2l-Further I'M
petus to Fall purchasing in the New
York wholesale markets was given by
heavy volume of orders Monday, resi-
dent BUYERS report. Goats for both Au-
gust promotional sales and for regular
Fall selling continued in strong demand.
in the dress division. lightweight: WOOL
ems provided good portion OF the COM
mitmentS placed, with favor also shown
for satin, velvet and some canton frocks.
Price reductions ranging from 10 to
Is per cent were quoted by pottery
manufacturers. who opened their ran
/ lines of household bric-a-brac in New
York this week The cuts make better
grade pottery pieces available to retail
at from rs cents up. Although new lines
! will not be completed until early In
August, sales agents said that the new
prices would apply to the entire lines.
Store managers of the Browning. King
e. Co group of mems wear stores at
tending meeting at the organization S
Headquarters, reported definite pickup
in business during June and July, and
forecast a good Fall season, Edward G.
Koempel, general manager of the COM
pany, announced. The feeling was, how
ever, that the recovery will be gradual.
and that results will depend upon the
merchandising effort put forth, he said.
A decline in the volume of orders for
both popular and better grade glassware
is causing some concern among selling
agents in the New York market. Re-
tailers, who we're scheduled to start
their regular Fall buying around the
middle of the month, are reported as
skeptical about future business prospects
and inclined to wait until next month
before ordering.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21
CURB SHARES SHOW
STEADY TENDENCY
Trading Remains Light, but
Market Easily Absorbs
All Offerings.
BY JOHN A. CRONE.

Special Dispatch to The Star.
NEW YORK, July 21.-Curb Ex-
change stocks today developed a firmer
tone around midday, but trading, eX-
cepting minor f1urries, remained light
from the opening gong.
Electric Bona g. Share, after open-
ing unchanged sold up point. Cities
Service was fractionally higher. Vac
uurn OIL widest mover in the Standard
Oil division, f,uctuated through a range
Df point.
British shares were moderately active
here Brazilian Traction and Utilities
Power & Light were not much changed.
Offerings from London of Woolworth,
Ltd. common continued to be readily
absorbed on minor receSSions. Closing
of the Cologne Ford plant failed to
check the advance of Ford, Ltd
Imperial Tobacco of Great Britain
was off about a point on few sales.
International Petroleum was shade
firmer, and Phillip Morris, Inc showed
more demand than usual. During this
period German and French stocks on
the Curb were conspicuous by their alb
Eence from the tape.
Reversing the trend in evidence late
Monday, the sugars opened lower. Fa-
jardo was down point. Later the
sugars pointed upward Oil preferred
shares were also inclined to softness.
Standard Oil OF Ohio preferred, for in
stance was down a point.
Croker Wheeler Electrical. with an
advance of more than l p points, was
a feature of its classification. Cope
land Products. up more than point,
proved the best performer in its group.
Specialties exhibited irregular trends.
Mead-JohnSon was about point lower,
as Parker Rust Proof gained about that
amount. Aside from the turnover of
Ford. Ltd, the only active foreign motor
was Fiat, whose depository receipts were
up about p point.
Inactive public utilities showed no
uniform trend Gray Pay Telephone
Station fell 334 points as New York
Steam was pushing forward. Pan-Amer-
lean Always, with a loss of Is of
point was the outstanding mover in the
aviation issues.
Newmont Mining. company holding
mine shares, ran up about 2 points on
a few sales. Quincy Mining eaSed. Cen
eral Theaters preferred was the only
active amusement during the forenoon
The Natural Gas shares displayed the
most uniform upward trend of any
group during the first three hours. This
move took place despite the decline
in May revenues of l.3 per cent. or
from SIS, 505.27 to $54.788105. for nat
ural and manufactured gas companies,
according to the American Gas AsSocia-
ton. However, this revenue decline was
the smallest for the current year for
the gas industry The drop of only l.3
per cent in revenue compares with
decrease of as per cent in sales. This
relatively good showing is due to the
marked expansion of both branches of
the gas industry in domestic and in
oust-ill fields
Chain Store Stocks Inc. was the
first of the specialized trusts to head
upward. MacAIarr Stores. which IS
TO merge with Safeway Stores, also
1rmcd.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21


Higher Freight Charges Opposed.
Opinion regarding the necessity OF
an increase of Is per cent in the freight
rates of American railroads seems dl-
vided. Fairman r. Dick member OF
Roosevelt & Son, prominent New York
banking house, and identified with i'm
portant pieces of railroad financing,
calls attention to the fact that the
country has no conception of the seri-
BUSINESS of the railroad financial emer-
gency." This statement was made in
connection with Mr.. Dicks testimony
before the Interstate Commerce Com
mission.
Steel interests, on the other, hand,
oppose the increase. A. c. Graham OF
Youngstown Sheet & Tube and H. D.
Rhodehouse of Republic Iron & Steel
maintain that the rise would be harm-
full to their respective companies.
1t seems reasonable at this time to
expect that the commission will grant
an increase in the rate, even though
such an increase may not be the fun
rise for which the carries have applied.
EatOn's Resignation.
The logical Interpretation OF the
resignation of Cyrus S. Eaton as a di-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21
Markets at a Glance

NEW YORK, July 81 (P.-Stocks
firm; rails strengthen in late trading.
Bonds strong; railroad issues gain.
Curb firm; dullness continues. Foreign
after early strength. Cotton lower
easier cables and favorable weather.
Sugar higher; steady spot market. Cof-
fee higher Brazilian buying.
CHICAGO, July 81 (F).-Wheat firm !:
unfavorable foreign crop and weather
reports. Corn steady; bullish Nebraska
advices. Cattle steady to higher. Hogs
lower.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21
MONEY MARKET.

NEW YORK, July 81 [P1.-Call money
was slightly firmer today. Although
the rate in the official market held at
IL per cent, the renewal rate, no
funds were available in the outside
market under that rate, in contrast with
Ia per cent rate which prevailed in
the outside market for several days.
Bankers acceptances were quiet, with
demand strong, but the supply poor.
Asking rates were unchanged. Time
money and commercial paper were
quiet and unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21
Grain Market

BY the Associated Press.
CHICAGO. July 2l-Grains advanced
today after a Wavering start. Strength
of prices was largely due to word that
United States had presented to the
London international conference a plan
for maintenance of American bank
credits in Germany provided big banks
of other countries did likewise. There
were also reports from the Southwest
that farmers were not selling wheat
freely at present low prices. and that
receipts had been curtailed.
Wheat closed unsettled "s-l"s cents
higher. corn i.-'2 advanced. oats is-i4
up. and provisions varying from 81
cents decline to a rise of cents.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21

W6II 4OI q ooOI01t1OOO1J w eN'011IOI1O VI SdCI
many'S and Europe's troubles. In an official
statement the French government agreed
to recognize the meeting of Franco German
dignitaries as marking the beginning of
confident collaboration.
The London conference is expected to
stress the economic, rather than the politi-
cal, side of the problems. With France
favorably disposed, the much talked-o
loan or credit of 10000 900 to Germany
may become reality. However, since Ger
man bonds continue to sell at very low
levels it appears that the loan would either
have to be a private one or German bonds
will have to move up sufficiently to make
possible the public sale of a new issue.
New Rate Inquiry.
Public bodies apparently do not hest
tate to add to the existing difficulties which
depression has caused many corporations.
The New Hampshire Public Service Commits
~, init otoc hot a
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21
METAL MARKET.

NEW YORK, July 81 P).-Coppel
steady; electrolytic, spot and future, 8
Iron quiet and unchanged. Tin easy;
spot and nearby, $500; future, $3.50
Lead steady spot. New York, 4.40; East
st. Louis, 422. Zinc steady; East ST
Louis, spot. 800; future, 3.95. Anti
mony, spot, CTS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21
New York Cotton

Special Dispatch to The Star
NEW YORK. July 2l.-Rainfall In
the cotton belt proved less heavy last
night and. with predictions OF clearing
conditions in Oklahoma. the cotton
market came under selling pressure and
declined sharply over quarter OF
cent today.
For several hours strength IN the
stock market and moisture where not
wanted held prices within a lO-point
range. but the selling movemeAt m
creased in the last hour and closed the
list around the bottom. Spots were re-
duced IS points to $40
Cotton range:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21
NEW SECURITIES

NEW YORK, July 81 (P.-New Sc
curities offered today include:
Province of Manitoba, Canada, $5,000,-
600 Az per cent gold bonds, maturing
August l, 1941, and August l, 1851,
priced to yield from 480 to 4.83 per
cent, by syndicate headed by Wood,
Gundy & Co.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21
Everybody's Business
Cordial Feeling Between French and German Findn-
cial Conferees Augms Well for Success of Efforts
to Solve Credit Problem in Europe.

Special Dispatch TO The Star.

u
YORK July better feeling pre-
vail business and financial circles The news from Europe is
than generatonS
chancellor is visiting Paris in time OF peace.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21
CHICAGO STOCK MARKET
,R,ported by ] & W selieman & Co !

CHICAGO, July 21.-Following is the
complete official list of transactions in
stocks on the Chicago Stock Exchange
TODAY:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21

In the last six months 478 have been
of dole frauds in England.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21

Three Queensland 1860 Accent stamps
were sold in London Iecently 1or Sl'loo'
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21
NEW YORK CURB MARKET
Stock and

Note-An stocks are sold in one hundred share Ios
which shows those stocks were sold In odd lots.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21
BALTIMORE STOCKS.

Special Dispatch to The Star.
BALTIMORE, July 21.-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21

1000 Comwlth Edi SIS 1910 lo8ss 1885 1885
1000 insult Util 6s 1870. 85A IS 85h4
Bond sales today. $4,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21
SILVER QUOTATIONS

NEW YORK, July 81 (R.-Bar silver
quiet and Il lower at 27N.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21

degardng both the letter
of the until
which refer
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21
TREASURY CERTIFICATES.

(Reported by ]. q WI. seligman 3 COB
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-21

ww-With warrants.
xw-Without warrants.
NEW.
wi-When issued.
The Waterbury Democrat., 1931-10-21
99,OO Accidental Deaths

Although substantial progress has been made in diminishing industrial accident rates, said President Hoover. addressing the National Safety Congress by radio the other day, one cannot complaeently contemplate the fact that there are still 99,000 accidental deaths a year in the United States, as we'll as a vast number of injuries
 Automobiles are involved in 5000 of those accidental deaths; 30,000 results from accidents in homes. It is startling to learn that home accidents are nearly as numerous as highway accidents. Yet only few years ago they were more numerous; they have merely lost first place through the tremend- ous increase in automobile mshaps.
 If industrial accident rates can be lowered, surely safety can be increased in the two fields in which it IS most often jeopardized at present. Education is probably needed more than rules and regulations education as to the nature of the hazards to be avoided and education as to ways to avoid them.