davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1931-01-30

The recent action of the list
clearly indicates that technical
conditions alone are the govern
ing influence at the moment. At
the close of yesterdays trading,
such pivotal leaders as United
States Steel, Westinghouse Elec-
trio and Eastman Kodak were
added to the number of stocks
quoted at premiums. Thus the
evidence points to steadily in
creasing short interest which can
be jockeyed by the bull Contin-
gent to their advantage at any
time they desire. A point in ques-
ton is the spectacular upturn in
Auburn Auto, which has advanced
approximately 40 points from it's
low Of a. fortnight back, although
naturally. the small floating cap
italiZation of this stock was a
material supporting factor.
Rally Near Exhaustion
However, it is solely a matter
of time until the rallying power
based on present conditions eX-
hausts itself. 1t is only funda.
mentals that can support any sus-
tained advance, and at present
these are not in evidence.
The bond market, for example,
has declined for the third con-
Secutive session. Weakness in
important commodity prices is
still evident, which the recent set
back in the values of corn carry
ing quotations on this item down
to the lowest levels since 1922.
The seasonal upturn in steel op-
erations instead of gaining mo-
mentum at this stage, shows
some signs of petering off. I'm
favorable earnings reports are
making their appearance daily,
with dividend reductions also
contributing to the general un-
settlement in investment quarters.
Expert Advises Waiting
The cautious policy for the
investor is to wait until funda'
mentals take some definite turn
for the better.
Oil production statistics re-
leased this week reveal that al
though everyone in the petroleum.
industry processes to be cutting
down on the production of gaSo
line, some refinerS are Overpro
ducing. The leaders of the indus
try sometime ago fixed 40,000,000
barrels of gasoline stocks by April
l as the maximum surplus the
industry would require this year
to supply the public. Although
April is still more than two
months off, the surplus stocks OF
gasoline already have exceeded
that maximum, having mounted
to 41,495,000 barrels last week.
1t is estimated that at the pres
ent rate of production the stockS
of gasoline on hand will come I'd
at least 45,O0O,OO0 barrels by
April 1, 945, 900 more than irb
dicated requirements. 1t is little
wonder that the oil group has
responded so poorly in the mar.
ket firmness of recent weeks.
Estimates Steel EARNINGS
According to certain brokerage
interests, U. S. Steel earnings in
the first half of 1881 will proba-
bly, not exceed SO per share, or
less than dividend requirements.
First quarter figures will make
exceedingly poor comparison with
those for the like period last
wear
The Washington times., 1931-01-30
AUBURN JUMPS
EIGHT POINTS,;
LOANS DROP
Worthington Pump, Johns
ManviIIe and Coco Cola at
Head of Advance in Prices
BY w. S. COUSINS

NEW YORK, Jan. 80 GNSO
Bulls in the stock market carried
their fight to the bears in the
early trading today and the whole
list moved upward from the start.
The advance was again en-
livened by the renewal Of the
market fireworks in the special
ties in which the shorts are be,
lieved to have been securely
locked up. Auburn Auto jumped
about points to 147, Worthing-
ton Pump moved up 712, to 83 ~;
Coco Cola was up 312 and Johns
Manville up 4.
Grace Advice Taken
Traders in the stock market
took their cue from the remarks
of President Grace, of Bethlehem,
with respect to the expected up,
turn in business rather than
from the poor earnings statement
for the final quarter of 1880.
Bethlehem jumped 138 at the
orening and sold above 81 in the
second hour. Vanadium advanced
2 points to above 81. United
Steel was up a point and Westing
house up IA. The amuSe
ment stocks were strong, with
Loew's up points at 5234 Fox
up point and Radio-Keith up
at 1913.
Belated movements in the util
ity stocks near the noon period
carried some of the leaders in
. this group to the best prlce levels
of the week, particularly where
only slight reactions occurred yes
terday.
Broker Loans Drop
A $23,O0O,OOO drop in brokers'
loans contained further proof OF
the liquidation of small accounts
and the passing of stocks to
stronger hands.
With money in good supply and
business in some lines on the
mend, this might easily be the
preliminary to a sustained up,
ward move in the marke5. Com
modify markets were steady, with
cotton up about points.
The Washington times., 1931-01-30
CHICAGO LIVESTOCK

Hogs-Receipts, 5000: market steady
Top, IS; bulk, s6.45@79O; heaVS
weight, Ss.75@74O; medium weight
$7.7OQ7.SO; light weight, S7.65 mSi
light lights &7.75@8; packing sow%
5000.
CaitIe-ReceiptA 1000. market steady
Calves: Receipts, 1000; market steady.
Beef steers Good and choice. $1l.5Op
10; common and medium. $6@1l; year"
Iings. $GmI3. Butcher cattle: Hefers,
sjUll: COWS. $3.75 $3.50; bulls. $50
$50: calves. $7Gll; feeder steers $50
9: stocker steers, $J99; stocker cows
and heifers. S4mG.50.
Sheep-Receipts. 10000; market weak.
Medium and choice lambs s9I 30;
culs and common. 26.500 $50; yea'.
lingB, S76S.25. common and Choics
ewes 32@5; feeder lambs. E.254 5.50'
The Washington times., 1931-01-30

'eH 11% Radio Corp. 16h 15A 15X+ =
- = ~ Radio pf A (S1s).- 40 4s -4s + y
The Washington times., 1931-01-30

Butter - One pound prints. SO931c;
tub. % "a 3Oc.
Eggs-Hennery. 2O022c: current re-
ceipts, 1S919c.
Poultry-Alive: Turkeys, prime. ESQ
The Washington times., 1931-01-30
EXPERT POINTS
OUT RALLY IS
TECHNICAL
Advises Traders Use Caution
and Watch for Future DeVeI-
opmentS in Present Market
BY THE SPECTATOR

Continuing it's time hon.
ored policy of doing the un-
expected, the stock market
suddenly turned against the
bears in Thursdays session,
with such volatile perform
ers as Auburn, Case, East
man Kodak and Worthing-
ton Pump in the van Of the
late comeback. The advance
in the averages of 80 stocks
was slightly more than a
point, recovering approx
mately half of the previous
days loss.
The Washington times., 1931-01-30
WASHINGTON STOCK EXCHANGE

FURNISHED by W. B. Hibbs & Coz
SALES
Potomac Electric IS 1858, $1,000
@108.
Washington Gas SIS, $1,000 104.
Potomac Electric IS preferred,
50112.
Barber & Ross Company, 25@11.
Mergenthaler Linotype, 100
1894.
After Call
Capital Traction Company, 100
41A.
The Washington times., 1931-01-30
OIL STOCKS

FURNISHED by w. r. Htbbs &, Coz
The Washington times., 1931-01-30
Group Offers Bonds
In PHILADELPHIA Firm

A banking group is offering to-
day at 9312 and interest to yield
4.34 per cent, $4O,0O0,0OO Phila-
delphia Electric Company's first
and refunding mortgage gold
bonds, 4 per cent series, due
February !. 1874.
The Washington times., 1931-01-30
Public Utility Bonds

Public Utility Bonds
Amer Tel & Tel 412s '33S .llO1 .....
Amer Tel G. Tel 412s '29.....127 80.
Am Tel & Tel cu tr 5s......lO6 I.....
AnacUsIia & Pot K Us. =. 81 .....
Ana K Pot Guar js........I 35 SO
& <. = Tel Of Va 5s.........Il lO2 y lU4
Cap Traction K r 5s....... S6s4t 50
city K Suburban 5s........ 80 -
Georgetown Gas 1st 5s..,..,lO3 l2ilO5
Potomac Elec Cons 5s.......tl03 tlO3l2
Potomac EleC 6s........,...1 los 100
Wash Alex Mt V Cft...... .....
Wash BALTIC & An 5s........ IS %
Wash Gas 412s ............. SO 99A
Washington Gas 5s. 1O3%i .....
Wash Gas 6s series A...... log 102&
Wash Gas 6s series B ...... los .....
Wash Ry & EleC 4s.......,. S712 8Sh
Miscellaneous Bonds
Barber & Ross Inc 6hs.... 50 IS
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1931-01-01
AN APPEAL TO The WOMEN OF ILLINOIS

of
in
in of
OF moreth athousand Ulnoisgr shops
%
the prohibition and aves the other improved
O.
0
to
O
o
what they have ded up through their heroic abo and great sacrifices the past
protection
be
of
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1931-01-01

The wet forces made their initial attack
on prohibition in the fifty-seventh gen
eral assembly by introducing two of their
measures in the state senate Immediately
after that body convened and organized.
The first of these bills, one to repeal all
Illinois prohibition enforcement laws, was
introduced by Senator Frank j. McDer-
mott, Chicago. 1t is bill No. 2. The vets
state that similar measure is to be sub
mltted TO the house next week, rep.
OGrady, also Of Chicago, presumably to
be its sponsor.
Senator Earl B. Searcy, of Springfield,
introduced resolution which proposes
an amendment to the Eighteenth Amend
ment, giving congress the exclusive right
to tax, license, regulate or suppress the
manufacture, sale, transportation, eXpor-
tation and importation OF Intoxicating
liquors" Mr.. Searey is quoted as saying
that if this should be done a wet congress
could nullify prohibition
Both the repeater bill and the Searcy
resolution were laid on the presidents
table pending the appointment Of commit
tees to consider them.
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1931-01-01
AN APPEAL TO PASTORS


statute OF the legislature
minister
will
receive these direct appeals Hence believe that the effective obtain
petition
SUGGESTED
49, ~ $3.50 49,. ~
II
OF
States prohibits the beverage liquor traffic and Section thereof provides that
prohibition
license effectively regulate
senatorial district respectfully cast vote and influence
which
assembly
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1931-01-01
VETS PRESS BATTLE
In The LEGISLATURE

Senator McDern1ott, Chicago, Pre-
sents Measure; to Be introduced
in House Week Beginning Janu-
airy Is; Senator Searcy, Spring
field, Introduces Resolution to
Have the Illinois Legislature Call
Upon Congress to Order a Con-
vention to Propose an Amend
ment to the Eighteenth Amend
rnent
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1931-01-01

repeal bill through the house by one vote.
In the senate the drys defeated them by
five majority. The indications are that
the contest will be still closer in this COM
ing legislature. The vets are conecn-
trating every unit Of power in their pos
session TO force the bill through the SEN
ate, counting on being able to retain their
Slight majority in the house.
We believe by united effort the moral
forces of the state can prevent this catas-
trophe. The repeal Of the state law would
practically paralyze active enforcement. It
would be q long step backward and have q
damaging effect on the cause of prohibi-
ton throughout the nation. The temper
ance forces must bestir themselves to the
last man. The situation is grave and the
time is short. We do not believe the people
of our state want to turn their backs upon
prohibition and if they do, it is our duty
to convince them of their mistake.
We are calling upon oil Of our churches
in the Cook county area to devote Sunday
January Is, to this subject, and arouse
their congregations to vigorous action
Letters should be written, resolutions
passed and personal interviews sought
with senators and representatives in Or
der that they may know how strongly the
Doubtless many ministers have already
taken this matter up, but We are writing
this letter 10 assure you Of our deep con
Germ, of our purpose to do our utmost in
our county, and request you, if you have
not already begun action, to unite with us
in making this request statewide move
ment. We are assured that many inf1uen
tial W0n1en's societies and clubs will coop
crate Let the legislature hear q united
voice and that mighty one" warning
them not to lay destructive hands upon
our precious heritage OF statewide prohi-
bitiOn.
Heartily approaching your comradeship
in this undertaking, we remain,
Your Brothers in the Ministry,
HORACE CT. SMITH, Chairman.
HAROLD FRANCIS BRANCH, Secretary.
Hugh F. MCGUIRE, Baptist; James F.
Leclere, United Presbyterian; II. G. Hoo
yer, Congregational; w. w. Illiffe, Presby-
terrain; Harlow Y. Holt, Methodist Episco-
pal; L e. Putnam Methodist Episcopal;
M, P. Boynton, Baptist; H. K. Madsen,
Nor, Danish M. E.; Mrs. Catherine
Waugh McCulloch, Congregational; H. A
Ofsite, Nor Danish M. E.; G. E. Hedberg,
Swedish Baptist; J. j. Hoffman, Ger
Meth. EDisc., K. c. Norberg, Methodist;
G.. B. Stafford, Presbyterian; p. w. Null
lenburg, Reformed; S. Vanden Ploeg,
Dutch Reformed; G. F. Kleihauer AIetho-
dist Episcopal; Jacob Berger, German
Methodist.
We pastors Of Springfield, the capitol
city heartily concur in this request made
by the United Ministers of Chicago.
II. 7. Morrison, president, Illinois Coun-
Gil of Churches; Walter r. Cremeans,
Westminster Presbyterian church; H. w
Mcpherson, First Methodist church; Her
bert Hines, Central Baptist church; La
Verne Taylor, West Side Christian church;
H M Hildebrandt, Third Presbyterian
church; r. F. Mcdaniel, Asbury Metho-
dist church; Tver M. Johnson, Douglas
Avenue Methodist church; William H.
Nicholas, Grace Lutheran church.
Vets strive to WIZ through misrepre-
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1931-01-01

Prof Irving Fisher says drinking has
decreased 80 to 80 per cent under prohi-
bition.
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1931-01-01

Vets strive to WIZ through misrepre-
sentation.
The American issue. [volume] (Westerville, Ohio) 1912-19??, 1931-01-01
CONCERTED DISCUSSION IN
CHURCHES JANUARY Is
United Pastors of Chicago and
Springfield Call to Ministry Of
State for Concerted Discus
sion on Prohibition, Sun
day, January Is

The following letter has been sent to
all pastors of the state:
UNITED MINISTER'S OF CHICAGO
AND SPRINGFIELD
HORACE G. SMITH, HAROLD FRANCIS PRANCH,
Chairman Secretary
$40 N DEARBORN ST,
SUITE 512-514
Chicago, Ill
Dear Sir and Brother: We are greatly
concerned at the danger which threatens
state wide prohibition enforcement in IL
linois The Association Against the Prohi-
bition Amendment, taking advantage of
the returns of the recent election, are de-
manding the repeal of our state prohibi-
ton act. The papers announce this will be
one of the first subjects before the legis-
lature and very bitter fight will ensue
AT the last session the vets carried the
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-10-08

feeds, grain ration high in car
bohydrates and fats is needed to
balance the proteins of the green
feeds. Barley answers very sat
isfactory and may be fed with
either bran or oats, or both, using
about one-half barley, depending
on the flesh of the cows. For cows
receiving corn fodder the same
grain mixture should be supple
mented with one-fourth to one
sixth linseed or soya bean meal.
Cows permitted to lose flesh
early in the fall usually drop bad
~ in production and it is difficult
to increase the milk flow on dry
feed except in the case Of fresh
COWS. Herd tests often drop if the
proper supplemental grain ration
il postponed too long. With butter
prices firm and showing some evil
dence of advance, there is little
doubt that small grain ration
will not show profit now as well
as though increased fall and win
ter production.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-10-08

much more closely for the purpose
of getting more and higher grade
eggs. The quality Of the chicks
and pulIets reared is improving
and the flock morality is showing
considerable decrease as the re-
suit of better care.
Fruit growers are finding it
Improbable to pack the under
grades Of low price varities. Or
chardists are planning to study
their cost records closely, apply
as much fertilizer as necessary and
give particular care to their cover
crops. A few are depending on the
residual effect of past applica-
tions of fertilizer and postponing
the top working to standard var
ieties, which should not prove
harmful. However, thoroughness
of management should not be neg
lected because of the i'll effects in
ensuing years.
market adjustments involve a
more direct marketing wherever
feasible, and an increased inter-
est in public markets." said Mr..
Turner in conclusion. "The bulk
handling of grain, strengthening
of cooperative marketing in GER
tain fields, marketing less bulky
and more concentrated products,
offering highly graded products to
create market demand, estab-
lishment of canneries to utilize
more truck crops and fruits, and
finally the producing what the
consumer wants are some Of the
answers to the marketing prob
lems."
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-10-08

Lee Boutelle has gone to John
Day, Oregon, where he has en-
ployment.
Mr.. and Mrs. Arthur Campbell
spent Sunday with his parents,
Mr.. and Mrs. c. G. Campbell.
Kenneth Penny of Pasco, Mrs.
]. w. Tippie and Mildred Craw-
ford were patients at the Linn
hospital Saturday and Sunday.
Mr.. and Mrs. John Elliott of
Pasco visited home folks Sunday.
Lee Lampson was a Yakima
visitor Tuesday. Mrs. Lampson
went as far as Prosser and spent
the day with home folks.
Miss Maud Lampson spent the
weekend at the home of her
uncle, Lee M. Lampson.
Mr.. and Mrs. M. Schuster and
Mr.. and Mrs. G. A. Rupp and Fay
were dinner guests Sunday of Mr..
and Mrs. F. S. Mcclure at Hover.
Mrs. R. r. Wooden visited Mrs.
B. I. Whitney Monday and attend
ed the Arts and Craft meeting.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-10-08
DAIRY COW NEEDS
FALL GRAIN RATION

A small grain ration fed to pro-
ducing darby cows as . supple
ment to late summer pastures will
pay good dividends through in
creased production during the fall
and winter according to studies
made by the extension service Of
Washington State College. Attic
some pastures will have . fairly
good growth, the grasses are not
succulent as in the spring and
cannot furnish the good dairy cow
with sufficient feed.
Dairy cows which produce more
than one pound Of butterfat per
day should have a supplementary
grain ration Of about q pound Of
grain for each four to six pounds
Of milk, even tho green corn and
alfalfa are fed. Although green
alfalfa and clover are excellent
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-10-08
LIVESTOCK GIVES FARM
ADJUSTMENT

Marketing low priced wheat and
cereals through hogs, beef cattle,
dairy cows or poultry will usually
offer a better outlet than cash
grain prices with the present long
time outlook. Although specialized
cash crops have been profitable in
Washington for a number of years
other adjustments for part of the
grain production are necessary,
due to the depression, according to
r. M. Turner, extension economist
Of Washington State College.
Farmers can often receive more
money for their grain by feeding
part Of it to livestock, in addi-
ton to securing q fair return for
their labor. A herd Of beef cattle,
q few litters of pigs or q flock Of
chickens as a permanent part Of
the well organized farm set-up
can be made highly profitable side
lines. They tend to utilize waste
patches Of ground, improve the
soil, CLEAN the fields after har-
vest, provide employment the year
around and contribute the major
part Of the home food supply,
While it is usually not advisable
to have 600 many irons in the
fire" it has long been conceded
by farm managers that two
sources Of farm income makes FOR
. more stable situation than one.
The one crop system makes good
money for the farmer in some
years while the losses are terrific
in others. There is very little doubt
that system with two or three
sources Of income or speciality
farming with some sidelines u
much Less hazardous than the one
crop set-up.
Adjustment to the feeding and
production Of more livestock un-
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-10-08
FARM ECONOMIES
BEING EFFECTED
Growing and Conserving of As
Much of the Home Food Supply
as Possible Outstanding

"Effecting economics which will
help the farmer reduce his cash
outlay and better enable him to
cope with the present difficult
period is the agricultural prob
lem of the day. While the type of
adjustment varies with the diff
ferent commodities produced the
principles are basically the same"
says R. M. Turner, extension eco
nomist, Washington State College,
who has just completed a compre-
hensive analysis of county pro-
grams" The growing and con-
serving of as much of the home
food supply as possible is undoubt-
eddy outstanding and runs thru all
the plans.
"Dairymen are cutting their
feed costs by growing more high
quality home grown feeds and per-
manent pastures" says Mr.. Turn
er. Intelligent feeding of high
producing cows which have been
culled through cow testing rec
ords, and the increasing consump-
ton of dairy products brought on
by advertising and other means Of
education are paramount.
The wheat farmer is allowing
his less productive acres to go UNI
cultivated or turning them into
pasture where the land is too
rough or shallow to pay returns
on present grain prices. More ma
chinery is being repaired by the
farmer himself, and it is likely
that obsolescense will be necessary
before new machinery is purchas-
ed at present prices
Profitable substitute crops are
being sought in growing peas,
sweet clover, vetch, flax, beans,
Australian winter field peas, and
other crops. More livestock feeds
are being grown because the per-
NANCY Of agriculture depends on
the fertility Of the soil. The pres
ent change to more hogs and beef
cattle in eastern Washington is
being brought about mainly as q
result of the favorable feeding
livestock ratio and may become q
permanent adjustment.
"Poultrymen," continued Mr..
Turner, "are studying their farm
records and management problems
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-10-08
Turkeys that have been raise,

Turkeys that have been raised
on free range do not usually fat
ten well in close confinement. The
best plan is to fatten them in a
medium-si field which is in al
falfa or contains stacks of alfal-
ia hay. Old corn is much better
than new corn as fattening feed.
Be sure the corn is not musty.
Some turkey raisers feed equal
parts of corn, wheat and oats in
the first part of the fattening per-
iod and gradually change the ra-
ton to corn as the weather gets
cooler. At first, feed small guam
titles night and morning, keeping
the birds a little hungry, and grad
ually increase the quantity. The
week before killing, let the birds
have all they will eat three times
a day.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-10-08

der the present conditions is not
an Indictment against specialized
farming which has proved profit
able for many farmers in this
state, but is rather a readjustment
or way out of the present dilem-
ma. The basis for successful live
stock production lies in the rela-
ton of the price of feed to the
market price of the livestock or
livestock products, known as the
wheat-hog, feed-egg, or feed-milk
ratios. As livestock product
prices will fluctuate, feed prices
must be studned in the light of
future conditions.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-10-08
EAST KENNEw1cK
Grange Plan
improvements for Hall

The executive board of Valley
Grange held a meeting at the Lee
Lampson home Wednesday eve
ming to consider some improve
ments on the hall. =...
Pomona Grange meets at Locust
Grove Saturday, October 10th.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-10-08

OlympiaJ. T. HAHN Of Spo-
kane was awarded q $32, $50 con-
tract to construct the laundry
building ut the state hospital In
Medical Lake.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-10-08

Good wheat screenings, fed with
clover or alfalfa hay, are worth
nearly as much as good wheat as
feed for livestock. Grind screen
ings before feeding to prevent the
spread Of weed seeds.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-10-08
Facts for Farmers

Under this heading will printed from week week. articles
of timely the farmers of this community as selected
bv Durdle, extension agent for Benton
County cooperating with u S. Dept of Agriculture and
Washi State