davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1931-08-08
CONSTRUCTION
FIRM PROFITS
SEEN SLIM
Standard Statistics Survey
Gives Slim Hope of Early
Gain for Realty Concerns
By THE SPECTATOR

NEW YORK, Aug. 8 QN.S0-
Recent developments in the build,
ing industry have only moderately
improved the medium term out
look, according to a survey com.
pleted by Standard Statistics.
It is pointed out that July made
a better statistical showing than
any other month in the second
quarter, although this was due
more to the deflation in the cor
responding month of 1880 than to
the moderate advance recorded
this year in the public works and
utilities.
Narrowing to Continue
While the next few months
probably will witness a further
narrowing of the disparity be-
tween current operations and
those Of a year ago, nothing more
than the establishment of a rela-
tive degree of Stabilization is ex-
pected during the remainder of
1881.
The volume of residential build.
ing construction does not give
evidence of increasing with the
rapldity anticipated earlier in the
year, and present indications are
that several months more will
be required to check the down
trend. Non-residential requiremnts
are even less urgent, raising some
question that even next year will
realize substantial improvement.
Not until public purchasing
power expands sufficiently to
stimulate the absorption of ex-
iSting surplus space will there be
any real incentive for pushing
new construction. In short, it is
quite clearly evident that the
building industry cannot be ex-
pected to be among the leaders
in the next cyclical upturn of
general business.
Earnings Doubtful
Under this situation it is alto
gether probable that earnings of
construction, building material
and realty holding concerns in
most instances will be sharply
lower this year than even the
unsatisfactory levels recorded for
1880.
The common stocks in the
building group, at present prices,
are considered generally unat-
tractive for the current invest
ment Of funds, in the opinion of
this service. Joans Manville is
regarded as relatively the most
attractive issue for strictly long
term holding.
The Washington times., 1931-08-08
MONEY MARKETS DULL

NEW YORK, Aug. 8 GN.S)
Call money was held over at 112
per cent today and 2 per cent
on the curb.
Bankers acceptances were
fairly active and unchanged with
80 to 80 days at b per cent, 100
days at per cent and $50 and
$50 days at 114 per cent.
The time money market was
dull and unchanged with 80 and
60 days at 1H to 112 per cent,
80 and 100 days at ~ per cent
and $50 and 180 days at 124 per
cent.
Commercial paper was un
changed with prime names rul'
ing at 2 per cent.
The Washington times., 1931-08-08
Soviet Trade Loss
ArOUSeS u. s. WOrrU

The problem of Russian rec
ognition is causing the Admins
tration considerable concern, due
to the falling off in Soviet pur-
chases, it was learned yesterday.
While few believe President
Hoover ever will agree to renew
diplomatic relations with Russia.
the belief is that the Administra-
ton would like to find some way
of bettering trade relations be-
tween the two countries.
The Washington times., 1931-08-08
Urges budget Plan "Sales
OF Grain and Cotton

cotton on a national scale. He
admits there are certain risks
and some safeguards are neces
sary, but points out:
"The advantage. of selling
goods abroad on the inStallment
plan of lending cash enables us
to pick and choose our buyers
and markets. A loan Of cash
might not result in an outlet for
our goods. By thus taking the
initiative, we sell what we want
to sell where we want to sell it,
when we want to sell it,"
Mr.. Benedict adds that the
skeleton of the mechanism neces
sary to put this plan in operation
already exists, and that what is
needed now is action,
The Washington times., 1931-08-08
SALES CO down
TO 100000
SHARES s.
n. Y. Central and New Haven
Set New Lows, But General
List Holds Up Fairly Well
ny THEODORE KoSLOw.


NEW YORK. Aug. 8 (IN.SO "A
resumption of heavy selling in the
rails upset the equilibrium of the
market as a whole in a record
breaking session for dullnesS to
day and at the close stocks were
irregularly lower.
The steady sagging Of leading
carrier shares touched off stop
loss orders on the way down, with
final quotations for this group
generally at the extreme lows of
the session.
N. Y. Central Off 2 Points
New York Central broke more
than points to a new low since
1921 at 695s. Atchison was off
3B at 1411s; Union Pacific off 2
at 1897; New Haven off ia to
a new low at 581a, and Southern
Pacific off 11s at 735s.
The general run Of speculative
favorites held up in rather en-
couraging fashion. U. S. Steel
closed unchanged at 86. Bethle-
hem was up "a at 377s, Radio un.
changed at 1712, and American
Can unchanged at 9034.
American Telephone was un-
changed at 1914, international
Telephone unchanged at q, Gen.
eral Electric off 5s at SO, West
inghouse off 5s at 59h, Union
Carbide off "a at 48A. and Allied
Chemical off 1s at 1085s.
General Motors Up
General Motors was up 10 at
371s, Chrysler off % at 233s, Ana
conda off % at "a, Kennecott Cop
per unchanged at 1724, Interna-
tional Nickel off 1s at 1878, and
Montgomery Ward unchanged at
20h.
SearS-Roebuck was unchanged
at 56, Consolidated Gass off 1s at
003s, Case off 7s at 81, Fox un.
changed at 13, and United Cor
poration off Is at 217s.
Total stock sales of 100000
shares constituted a new world
low for dullness.
The Washington times., 1931-08-08
Trade in 40 Cities
Holds Same Level

NEW YORK, Aug. 8.-Trade
as judged from reports to Brad
streets from 40 principal cities
OF the country, about held it's
own from the previous week.
> Seasonal quiet is still very evi-
dent, with no noteworthy upturns
as yet much apparent. It is too
early for general fall activity. al
though lively interest is centered
on what the coming season will
bring. And the encouraging op-
tlmlSm noted last week continues
to be shown.
The Washington times., 1931-08-08
Rail Line Ordered
To Pau S82O,5I2

The Interstate Commerce Com
mission yesterday ordered the
Pere Marquette railroad, con-
trolled by the Van Sweringen
interests, to pay the commission
on or before September I6. next,
$820,512.66, as excess income re-
ceived during the period March
to December 81, 1920, the cal
endar years 1921 to 1925, in
elusive, and held by the rail
road as trustee for the United
States.
The Washington times., 1931-08-08
GRAIN FUTURES
OFF SHARPLY

CHICAGO, Aug. 8 G.N.S).
Wheat closed sharply lower today.
Wheat was 11a@134c down, corn
21s@21ac off, and oats 3s@ Zee
lower. Rye finished 11s@13sc
down.
December corn sold at the
lowest price since 1902 during the
session, reaching 3914c a bushel.
Weakness in cotton was the main
factor for the depression in
grains.
Estimated carlot receipts were
wheat, 241; corn, 80, and oats,
The Washington times., 1931-08-08
Final Valuation
Is Put on Railroad

The Interstate Commerce Com
mission yesterday placed a final
valuation, as of June 80, 1919,
of $11,579,900 on the owned and
used property of the Lehigh and
New England railroad and a
valuation Of $434,163 on the prop
erty not owned but used.
The Washington times., 1931-08-08
FLOUR PRODUCTION OFF

Flour production by 80 per cent
of the mills u the country's prin-
cipal flour producing centers in
the period June 80 to August l,
last, amounted to 6,971,977 bar
rels. a reduction of 4 per cent
from the 7.327,527 barrels milled
in the corresponding period of
1880, according to compilation
by General Mills, Inc.
The Washington times., 1931-08-08
TODAY'S MOST
ACTIVE STOCKS

NEW YORK. Aug GN.sl 1.-The
following are the high. low and clos
on the New York Stock Exchange for
the day.
The Washington times., 1931-08-08
BOND AVERAGES

Copyright 1871. Standard Statistics Co
10 10 10 30
Tnd in aiIsIITtiJ ipnds
The Washington times., 1931-08-08

New York funds in Montreal, 13I2H
premium at $1,000.
Montreal funds in New York. 33.i2h
discount at $1,000.
The Washington times., 1931-08-08

81 23 Zenith Radio .... 2I 24 az 4
Dividend symbols. dividend in stock 81
n stock: d, scrip: "ex-d dividend: tex-riGhtA
Dividend rate dollars in pareDthOseS
high prices carried to previous cloaA
The Washington times., 1931-08-08
STOCK AVERAGES

New low established in rail a
ages.
The Washington times., 1931-08-08

SO 20 20 90
Ind. lRailslUtil lSt'ks
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-06-11
1T is
REPORTED
THAT
+ +.+ + = = = = + 2 = = 2 .

The st. Paul Episcopal guild
held a one o'clock luncheon Thurs
day at the home of Mrs. H. P.
Cranmer. Covers were laid for 16.
Mrs. H. j. Snively, jr. of Richland
and Mrs. Vaughn of Portland were
out-of- town guests. The afternoon
was spent working on quilt for
their fall sale. This was the last
meeting of the year.
Mr.. and Mrs. M. M. Moulton and
daughter, Mrs. Carl Connell re-
turned from Moscow Monday aft
ernoon, where they attended the
graduation exercises of the Uni
versity of Idaho. Miss Esther
Moulton was member of the class
and accompanied them home to
spend her vacation. Miss Margaret
Moulton, who is also a student at
the u. of /, remained to attend
summer school.
Harold Nelson arrived Thursday
evening from Atascadero, Califor-
MIA, where he has been attending
Moran junior college to spend the
summer vacation with his parents,
Mr.. and Mrs. R. L. Nelson on First
Ave. He was accompanied home by
Wilson Preston, who is a student
at junior college, Riverside, Cal.
He will spend the summer with his
parents, Mr.. and Mrs. w. j. Pres
ton in East Kennewick.
Mr.. and Mrs. William Smith and
small son, Melvin James, of Spo-
kane spent the weekend with Mrs.
Smiths parents, Mr.. and Mrs. C.
A. Boyer. Mr.. Smith returned to
Spokane Sunday evening to COM
plete the last week of school and
Mrs. Smith and son remained for
longer visit and to assist her
mother, who is recovering from in
juries received in an auto accident.
Mrs. Clyde Higley and three child
rem returned with Mr.. Smith to
Davenport after spending the past
month with her parents, Mr.. and
Mrs. c. A. Boyer and helping care
for Mrs. Boyer.
The Junior League went for
their annual picnic at the City
Park in Walla Walla. Percy Sell
lick took the happy youngsters in
his bus, there being 81 children,
stopping enroute to visit the Whit
man graves and monument. In
spite of the cold day the young
sters were able to eat a delicious
lunch at noon and play on the var
|ious swings on the playground. The
crowd came home in the evening,
tired, but happy. About ten moth
ers, including the three leaders
accompanied the children.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-06-11
REPORTED
THAT
THAT
, . = = = = Z. = = . d =

- - - y - =
Mrs. Wyn Gascoigne and daugh-
ter, Miss Virginia of Spokane,
stopped Tuesday to visit friends
while enroute to California, where
they will spend a months vaca-
ton.
Miss Tia Campbell came from
Pullman Sunday morning to visit
her mother, Mrs. Winifred Camp
bell. Miss Campbell is graduate
of w. s. C. and received her nor
NAL diploma with the class of
1881.
Bishop Rev. Cross made his an
nual visitation to st. Paul's Epis-
copal church Sunday morning. Mrs.
CramerlLindsay, the organist and
choir director, was in charge of
the special music, assisted by the
boys choir.
Vance Holcomb came home We'd
nesday evening from Salt Lake
City and will visit his parents, Mr..
and Mrs. C. L. Holcomlb. He is
with the United Press Association
and will return to San Francisco
the first Of July.
The Misses Leone Skeen, Lillian
Crowley and Dayl Miller and Mrs.
Nell O'leary drove down to Mil
ton Tuesday morning and visited
Miss Eva Leibrand, who accom-
panied them to the Blue mountains
for the day.
Mrs. Thaddeus Grosscup was the
hostess to group Of friends Fri
day afternoon at her home in Rich
land with a bridge luncheon. Hon
ors went to Mrs, Herman Schmidt
and consolation to Mrs. Charles
Powell. Mrs. Vaughn of Portland,
who with two children are guests
of her sister, Mrs. Harry Snively,
jr., was guest.
Ditch walkers have discovered
sight that will make fisher
mans eyes pop out. A fish about
seven feet long is frolicking
around in the ditch at the High
lands pump house. He seems to
have decided to stick around there
and has been seen for several days.
It's a sturgeon, and his twin bro
Their is hanging around the dam at
the intake where the Indians have
been trying to stick frog spear
into him every time he comes into
shallow water.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-06-11

est religious eli experience" at y,
pm. The newly organizes =, ~
ira will play at each servio.
special numbers in song Win -
heard. A lively and prov,;v WIN b
day school meets at 10 am S@.
the leadership of William SS I.lla
superintendent. The youna MlllS
meet at 6:45, Miss Ieta NJ people
vice president, is in charye s.
the absence of Francis r u95lng
president. The midweet LUDLOW
meeting Wednesday evening r,sgei
7:45 will be in charge of the NJ =
mems Foreign Missionary so,, NO.
This is a friendly church wiss
cordial invitation to all, WIN 4
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-06-11
Methodist Church

For the morning and evening
services of the closing Sunday of
the conference year the subjects
for the sermons will be as follows:
For the morning "The Cost Of Sue
cess" For the evening "The Mod
ern Prodigal."
This will bring to a close nearly
six years Of work as pastor in this
community and the future leader
ship of the church will be deter
mined at the annual conference
which meets in Yakima from the
18th to the 21st of this month.
A cordial invitation is extended
to all to be present at these clos
ing services Of the year.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-06-11
Editorial

About this time Of the
year you want to start
resting for your sum-
mer vacation.
MN. Hudnall editor,
Tall
lie you are planning a
nice vacation this
year and your wife
has a lot of work plan
ned for you to do
around the house dur
ing this said vacation,
iust remember our
Handy Man Service
Hoes all kinds of paint
ing, repairing and fix
ing.
tai
Dad Whew. That
spanking / gave you
tired me all out"
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-06-11

Stephens is in the fire department
and after the death of his father
they sold the home in Richland to
Frank Mosier. Mrs. Stephens has
been visiting her sister, Mrs. A.
Pursowitz Sr. They left Tuesday
morning.
Mr.. and Mrs. A. L. Winans came
over from Walla Walla Sunday
and took home their two children
and Mrs. Kinney and her children,
who have been visiting at the
Dickerson home.
The young people gave Charlie
RAIDER a farewell Monday evening.
They went to the park, where they
had games and general good
time, then went to the parsonage,
where ice cream and cake were
served. Charlie has been a great
help in the church especially the
Epworth League and will be
greatly missed The best wishes of
all his friends go with him.
Sunday morning the Childrens'
Day program will be given at the
eleven o'clock hour. A good pro-
gram has been prepared and a
large crowd should see the children
render their parts.
The members of Vale Grange
are planning for their picnic, which
is to be held at the hall, June 20.
Only members are invited, but
others can come in the evening.
Mrs. Ehoreson writes from Spo-
kane that she expects to go to Cal
gary Canada, June Is.
Mrs. H. r. Van SICKLE enter
tanned Mrs. S. P. Carmichael on
Wednesday.
The city council met Monday
evening. After paying their bills
and transacting their usual husi-
ness they made contract with the
P. p. & L. Co. for the street lights.
lights.
Rev. E. M. Filbert, wife and
daughter were Prosser visitors on
Monday.
Mrs. Ellen Dunwoodie stopped
yer in Richland. She is on her way
to Bellingham, where she will
attend summer school.
j. Willard, wife and daughter,
Mr.. and Mrs. Ernest johnson, o.
J. Dam and family, Miss Lillian
Wall and Norman Carmichael went
to Prosser Sunday and attended
the Purity store picnic. Because of
the heat, the swimming pool was
the most attractive place. The
Richland people carried home a
large number Of the prizes.
Richland was again successful
in the baseball game Sunday. They
played Vale with a score of Is to
a.
Elmer Armstrong went to Seat
tie Friday evening to visit his sis
ter, Mrs. Bessie Bower, who is
very sick. His son-in-law, r. C.
Walker came over from Walla
Walla and helped Mrs. Armstrong
with the ranch during his alb
sence. He returned Sunday eve
ming.
The school board on Wednesday
evening elected Glenn E. Dawson
as one Of the high school faculty.
Mr.. Dawson will coach both the
and will have charge Of the dra-
boys and girls basket ball teams
matics. He has had three years Of
experience and comes highly rec
commended. He is now at Salmon,
Idaho, where he expects to be
married. and will bring his wife
to Richland.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-06-11

Francisco were married at San
Francisco on June first. Marie
and Verne McManus expect to join
their mother in the near future.
In the ball-game played here on
Sunday between Hanford and Ben
ton City, Hanford won 6 to g.
Altho there will be three more
games next Sunday will be the last
time they will play on the home
grounds. Finley will play here.
Harold Moss, Miss Fay Potter
and Emerson Potter drove over
from Yakima Sunday in the for
mer's car and visited at the G. T.
Slaven's home near the river.
Mr.. and Mrs. Victor Ballagh of
San Francisco were guests at the
Nagel home at Balleygreen from
Monday until Saturday. Mrs. Nagel
and Mrs. Ballagh were school
chums at Olympia. On Wednesday
they drove to Yakima to visit rel
atives. Mr.. Ballagh brought his
movie camera and took pictures.
They were very pleased with our
valley.
About twenty-five women were
present at meeting of the
Ladies' Aid held at the home of
Mrs. Alexander McConnachie on
June a. After the business meet
ing ice cream, punch and waters
were served by the hostess assist
ed by Mrs. ]. L. Fife. On Thurs
day, June 10, the women will have
work meeting at the church.
We wish to thank our many
friends for their kindness and SYM
pathy extended to us during our
recent bereavement.
Mrs. Earle Knaub, Beverly
Nichols.
Mrs. A. M. Rollinger entertain
ed Friday afternoon with a dessert
bridge. Strawberry shortcake, ice
cream and coffee were served aft
er which three tables of bridge
were in play. First prize went to
Mrs. c. II. Young and second to
Mrs. Claude Morashe.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-06-11

There will be a special meeting
Of the Business Girls Friday night,
7:30, at the club rooms. The regu-
lar meeting will be held Tuesday
evening, 1880, at the club rooms.
A good attendance is requested as
the committee has many new and
interesting things in store for the
club, by the president.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-06-11

While Richland cannot pay their
teachers as high salaries as they
would like because they have no
railroads and are thus deprived of
that revenue, they are proud of
the fact that so many of their
former teachers have fine posi-
tions and are giving satisfaction.
The latest comes from Washing
ton State Journal and says that w.
j. Matters will be principal of
the Olympia high school. Mr.. Mat
tiers was principal of the Richland
high school and when Mr.. Van
Houte left for Pullman in the mid
die of the year, Mr.. Matters was
elected superintendent, which place
he filled to the end of the year.
Richland welcomes back the
young people who have been at
tending school the past year: Miss
Stella Murray, Maurice Compton
and Harold Willmsen from w. S.
c.; Miss Helen Erickson from
Cheney; Misses Bertheal Muncey;
Virginia Colley, Erma Mowery
DeLora Nicholaus, May Ehren-
berg and Lydia Ruud from Ellens-
burg.
Mr.. l.. Deranleau of Salem
Oregon, father of A. Deranleau
Mrs. w. Clark of Vancouver, B. C.
and Mrs. Emma Deranleau, Seat.
tie left Sunday after visiting al
the home of A. Deranleau.
Thirteen ladies came from Ken.
newick to the group meeting or
Thursday at the parsonage. A
funeral at Finley kept a number
away. Mrs. Payne presided; Mrs
Henry Hartung played piano
solo; Misses Glee Miller, Edith
Stradford and Bonnie Hitler OF
Kennewick sang two trios. The
reports showed that the auxiliaries
are doing good work. AT the close
of the program ice cream and
cake were served.
G. w. Harris and family have
gone to Harrah, where Mr.. Harris
will work during the summer.
Mr.. and Mrs. William Boetcher,
Mr.. and Mrs. Antoine Boettcher
went to Yakima Saturday. Sun
day morning they together with
William Starkey and family went
to the Naches river and spent the
day. They returned Sunday eve
ming.
Miss Florence Schenk Of Seat
tie, who was Miss May Ehren-
berg's roommate at Ellensburg, is
q guest of Miss Ehrenberg.
Mr.. and Mrs. Will Muncey
spent Tuesday at Walla Walla.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-06-11
DANCE AT THE TREES SAT.

The third of series of Satur-
day night dances being held at The
Trees, the fair grounds pavilion, is
scheduled for this Saturday night,
June Is. The pavilion has been re-
wired and the lighting system has
been changed. Enjoy yourself dane
ing in the cool breezes at this pop
ular outdoor pavilion.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-06-11
CARD OF THANKS

We wish to express our deep ap-
probation for the kindnesses II
word and deed extended by our
many friends during our recent
sorrow and bereavement, in the
loss Of our dear wife and mother.
j. III. Cronkite.
Mrs. Olive Potts.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-06-11
HANFoRD
American Warehouse
Destroyed by Fire

Fire broke out in the American
Fruit Growers warehouse about
seven thirty on Monday eve
ming. There was strong wind and
the fire made such Roadway that
the building !, soon burned to the
ground. Over carload of wood be-
longing to Lyman Moulster also
burned. The Moulster house was
on fire several times but was
saved. Five men had been loading
tree-bands and just left the build
ing. CHANGING backward, they no.
ticed the flames. The treebands
are highly inflammable and this
may have caused the fire. It start
ed near the roof. The building was
owned by the Hanford Fruit Grow
ers and the contents by the Amer
lean Fruit Growers. Building and
contents were valued at about $780,
600 and was insured for about $10,-
600. Several telegraph poles were
burned.
NJ. Il. Slavens and family, accom-
panied by Fred Reglein and FAM
lily, drove to Spokane Saturday
afternoon. On Sunday they drove
to Loon Lake to attend a picnic
and meeting of the Spokane, Pend
d. Oreille and Stevens counties
Rural Carrier associations.
A daughter was born to Mr.. and
Mrs. Russell Webber dorothy
Behrman) at the Pasco hospital
on Saturday morning, June 6. The
baby weighed 5 pounds and 5 OF.
She has not been named as yet.
Mr.. and Mrs. w. 81. Kirby re-
ceived word last week that their
daughter, Mrs. Leota McManus
and Harold Lovegreen Of San
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-06-11
Richland News Items

Residents of Rchand invited to the district greater
publicity informing the correspondent of the happenings OF
The
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-06-11
No. p

Alum paint for you,
painting. It carries sgs |.
double guarantee - :
satisfaction.
With all the hipb
school graduates eoiSv
to work, the countrS
will soon be on *
feet again.
tai
1t is a good time q
year to get in thun
fences. Good split o.
dar posts will last fW
years.
--E-A-L
Our plan departmea
''Likes to help folh
build" Wouldn't you
IKE to have that dream
home put on paper and
then build It?
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1931-06-11
Church of the Nazarene

Immunity from hard times"
will be the subject of the morning
sermon delivered by the pastor at
IL am, while the evening topic
will cover the theme. "The great