davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1931-05-05
HEARST STOCK
EARNS THRICE
DIVIDEND
First Quarter Report Finds
Earnings Are Maintained
Well at Five-Year Average

Hearst Consolidated Publica-
tions, Inc. announced today that
earnings for the first quarter of
1881 were equivalent to $1.44 a
share on the per cent Glass A
participating stock, against divi-
dend requirements of 4334 cents.
Thrice Dividend Rate
This is at a rate over three
times the regular dividend re-
quirements on the 7 per cent
stock. The report shows earnings
for the last five years have aver
aged annually about three times
dividend requirements.
The Glass A stock is being Of
fered to the public directly by
Hearst Consolidated Publications,
Inc, and through other Hearst
organizations.
Participating Privilege
1t has a par value of $25 per
share and the regular dividend
rate is 7 per cent.
In addition, it has a participa-
ton privilege with the common
stock in additional dividends de-
clared up to another 3 per cent.
The Washington times., 1931-05-05
ANNUITY GAINS
REPORTED

The Fidelity Investment AsSo-
citation with offices in the Shore
ham building claiming several
thousand patrons in this vicinity,
reports annuity contracts for the
first quarter of 1881 of $685.
900, a gain of % per cent over
the corresponding period of 1890.
Statement of condition at the
close of business March 81, shows
resources of $26,150,487 against
$25,047,124 as of January last,
and $20,151 ,567 as of January l,
1880. Resources include $16,659.-
200 in securities deposited or ap-
proved for deposit with state de-
partments, for the exclusive pro-
lection of contract holders, ST.
462,098 in loans to contract hold
ers and $1,002,268 in cash.
The association is reported the
largest in the United States de.
voted exclusively to annuitieS.
The Washington times., 1931-05-05
By FRANK F. LOOMS

The accident and health
branch of the insurance business
is rapidly beginning to be appre-
ciated by the public as an abso-
lutte necessity for personal protec-
ton. In case of either accident
or illness it protects the insured
from loss of income, and men
and women employed today value
their incomes and earning power
more than ever before.
Accidents strike without warn.
ing and illness comes when least
expected. Earning power is cut
off, income stopped, and you are
plunged into debt with many un-
expected bills for hospital ex.
penseS, doctors and nurses. There
are 100000 persons disabled by
accidents each year and men and
women with foresight now in
sure against this.
Earnings Guaranteed
Accident insurance protects
your earning power, guarantees
a monthly income check to meet
your expenses. Health insurance
does the same in case of illness.
Your family is protected, in
case of your death, with life in
surance, and perhaps you have
prepared for an income in later
years; your home and belongings
are insured against fire; your
automobile is covered with auto
mobile insurance.
AS an example, a man, age IS,
can purchase an accident and
health policy that will pay him
$500 month as long as he lives
and is disabled and unable to at
tend to business duties, and house
confinement is not necessarily re-
quired. For instance, man may
have a nervous breakdown, or de-
velop a case of tuberculosis, and,
while still unable to attend to his
business duties, he might be able
to travel, play golf, etc, and the
company will continue the month
ly payments.
4HcIS Is ITO cACcpClOu Whatever
in the nature Of the illness or
accident required to establish this
claim, and the disability need not
be permanent from the beginning
as the contract is absolutely non
cancellable and the monthly in
come will be paid the insured by
the company as often as the dis
ability may occur and for as long
as it may exist.
You are paying yearly premiums
The Washington times., 1931-05-05
ACCOUNT
LARGE, SAYS
HANEY
Further Liquidation Likely
Before Permanent Upturn
In Stocks, Economist Finds
BY LEWIS HANEY
Director New York University. Bureau
of Business Research and Former
Economist of Federal Trade
Commission

1t is difficult to diagnose the
exact balance of speculative
forces at the moment. 1t can be
said that after all the fireworks
last week the market averages"
did not lose much ground, or only
about 2 points. At least the
steady decline was broken.
Short Account Large
There cannot be much doubt
that the short account is large
and has become weakened by a
considerable following of small
margin traders. 1t would be diff
ficult to explain the jump on
Thursday except on the basis of
hasty covering.
But I am inclined to doubt
that these gyrationS have repre-
Sented real turning movement.
There have been a number Of
similar performances during the
past year, and mostly they have
been mere interludeS in a de-
cline.
Leading Professional
They are apt to come either
near the beginning of pro.
longed decline, or in its late stages
but not at the end.
The trading operations are al
most entirely professional and
the wide swings in the market
are the result of the shifting
tactics of bull and bear opera
tors.
But back of the tumult and
shouting there is still a steam of
liquidation. It should b8 noted
that except for Thursday 4 has
been true that a majority of the
stocks traded in have declined on
every day during the last two
weeks.
Liquidation Apparent
Moreover, the weakness in the
well established leaders (such az
Steel, Can, Telephone and N. Y.
CentraD can hardly be explained
wi h o ut assuming liquidation.
The big reduction in brok 2rs'
loans tells the same story.
AS long as the stream of liqui.
dation continues, rallies are apt
to be short. Probably it will not
cease until the values of the old
leaders are right.
Short selling is increasingly
dangerous. But there is no hurry
about buying.
The Washington times., 1931-05-05
RUSSELL SHELK
IN NEW POST

The Pacific Mutual Life Insur-
ance Co. has appointed Russell
Shelk its general agent here, to
succeed the late William B.
Daniels. He joined the company
organization in 1880, after five
years as a representative of the
Reliance Life Insurance Co.
Mr.. Shelk came to Washington
in 1918 from Indiana. and served
in the War Risk Insurance
Bureau. Later he was employed
in the Washington Herald adver-
tising department and successive
ly by O'Donnells Drug Stores
and Homer L. Kilt Co. as ad-
VertiSing manager.
The Washington times., 1931-05-05
Financial News Stocks, Bonds, Commodities and Co
Insure Income in Accident
And Illness, Is Advice

on all this valuable and essential
insurance protection, but if your
earning power is stopped suddenly
by accident or illness, will you be
financially able to keep up this in
surance protection, pay the pre-
MUM during the period of dis
ability when you are receiving no
income?
Accident and health Insurance
enables you to pay the premiums
on all other lines of insurance,
and is consequently big factor
in a man or woman'S insurance
program, and no one dependent
on their earning power for a liv-
ing can afford to be without this
protection.
Coverage Complete
1t is possible now to purchase
in some companies, but only a
few, a health and accident policy
which is absolutely non-cancellable
for any reason whatsoever, except
for non-payment of premium.
Such a policy is designed for men
who have a fairly large income,
and who would naturally enjoy
their salary for reasonable
length Of time if they were in.
jured or ill. but if they became
permanently disabled by any i'll.
ness or accident that might posi-
bly, last lifetime, this contract
is particularly valuable.
Costs Are Listed
If a man purchases such a
policy with the clause inserted
that he will not receive any pay,
ments from the company for the
first three months of his dis
ability from either illness or acci'
dent, the contract paying $500 a
month at age 35 would cost about
$197.50 a year.
If the insured is willing to fore
go the payments on the com,
pany's part for the first two
months, the contract would cost
about $237.50 a year, and with
elimination period of only one
month the contract would cost
about $312.50 a year.
Such a policy is not written
with less than a 3O-day elimina-
ton period before the monthly
lNayments commence. Larger or
smaller amounts may be pur,
chased at the same proportionate
cost, but only in amounts up to
the insureds earning capacity
With small additional yearly
payment, hospital, nurses and
surgeons fees may be added.
The Washington times., 1931-05-05
81 Million Awarded
In Work Contracts

A total of $87,O42,515 in build
ing contracts was awarded in the
last week it was reported yester-
day to the Presidents Emergency
Employment Committee.
These contracts included 209
projects in 38 States and brings
the total Of contract awarded
since December l to $1,376, ,209 ,853.
The projects include public
buildings, hospitals, bridges. high
ways, streets, dams, dredging and
sewers.
The Washington times., 1931-05-05
CHICAGO LIVESTOCK
MAY 5 GN.SD.

CHICAGO, May GN,SD.
lower Top, $7.2O; bulk, $3.50 q 10;
heavy weight, s6.10@6.S5; medium
weight. $3.50 Oils, light weight, $500 q
7.2o; light lights, S6.S5 q 30; packing
Cattle-Receipts, 5000; market steady.
Calves Receipts, $500; market steady.
Beef steers; Good and choice. IS. so a
07S: common and medium, S5.5OmS:
vearlings, $G09.50. Butcher cattle:
Heifers, S50S.5O; cows $45O 6625;
bulIs, SS5O@6; calves, $6.5O09; feeder
stocker cows and heifers S45OmG.5O
sheep - Receipts, 10000; market
atesdy. Medium and choice lambs. 50 N
IN: culls and common. S75O4s.So,
srrJpK lambs, S1o6125o: yearlings.
teE0a72b: common and choice ewes
s2I4; feeder lambs. S75o9S.5o.
The Washington times., 1931-05-05
u. S. Deficit Rises
To S378.97I.I29

Total expenses of the Govern
ment in the first ten months of
the current fiscal year amounted
to $3,558,906,240, against total
current revenues of $2,679,935,111,
leaving a deficit of $878,971, ,129.
Last year at the same time
the deficit was about $145, 200, 600,
which was wiped out by second
quarter income tax payments.
The Washington times., 1931-05-05
Trading in Cocoa
Increases in ADriL

New York Cocoa Exchange re.
ports sharp increase in the
turnover of business for April
when compared with March, al
though the volume was under the
sales of April, 1890.
Total sales for April. 1881,
amounted to 1882 lots or 24,549
tons, compared with 1877 lots or
16,308 tons for March. The turn
over in April, 1880, amounted to
2,087 lots,
The Washington times., 1931-05-05
SINCLAIR PLEA DENIED

The Federal court at Guthrie,
Okla, has denied the injunction
request for larger allowable oil
output for Oklahoma City field
sought by Sinclair Oil & Gas
Co. Sinclair attorneys have given
notice of appeal to higher Fed
eral courts.
The Washington times., 1931-05-05
Youngstown Steel
Operations LOUer

Youngstown district steel opera
tions for this week will be at AZ
per cent of capacity, a decrease
of l per cent from last week.
The Washington times., 1931-05-05
RADIO REPORTS PROFIT

Report of Radio Corp. of Amer
lea and subsidiaries for quarter
ended March 81. 1881, shows net
profit of $1,566,519 after inter-
est, depreciation, amortization of
patents, Federal taxes. ETC., equi-
valent after dividends on the
Glass A and B preferred shares
to 2 cents a share on 1880, 750
no-par shares of common stock.
The Washington times., 1931-05-05
Custom Receipts
S31,798,OOO in April

U. S. custom receipts during
April totaled $31,798,OOO, against
$41,071 900 in April, 1880.
For 10 months ended April, re-
ceiptS totaled $321.905. 900, COM
pared with $463, 100000 in same
period of preceding fiscal year.
The Washington times., 1931-05-05
U. S. SUGAR MELT

Sugar melt of Is U. S. refiners
from January l to April 25,
totaled 1895. 900 long tons, against
1,460,000 long tons in the cor,
responding period Of 1880. De,
liveries in the above period totaled
100000 long tons, compared
with 1,270,000 long tons last year
The Washington times., 1931-05-05
Meat Sales ShOU
Increase in Week

Current low meat prices. to-
gether with cool weather over the
past week, was reflected in some
what better demand for most
meat lines during the week ended
May l. according to Armour &
Co.'S review of packing house
trade conditions.
The Washington times., 1931-05-05
German Wheat Tax
Is Cut. rs Per Cent

Due to the short heat stocks,
German government has decided
to reduce tariff on imports Is per
cent.
The quantity of wheat which
will be permitted to be imported
has not yet been fixed.
The Washington times., 1931-05-05
CHICAGO BUILDING

For the week ended April 80
last year, 30 permits, valued at
$286,200, were issued in Chicago,
against 48 permits, valued at ST..
595.00, for the like period last
year.
The Washington times., 1931-05-05
MINE WAGE CUT ASKED

Five Colorado coal companies
have filed notices of wage re-
ductions with the State Indus
trial Commission effective May
20, reducing the basic wage from
$6.25 to IS a day.
The Washington times., 1931-05-05
{ 'auoTla
NEW YORK. May U.N.sD.

New York funds in Montreal 62'2
premium at $1,000.
Montreal funds in New York 62Iac
discount al $1.60o,
The Washington times., 1931-05-05
Commodity Index
Hits Postwar Lou

Irving Fishers commodity price
index for the week ended May l
was 1871, off .09 from previous
week and a new postwar low.
The Washington times., 1931-07-30
THOMAS I. TRUNDLE

Funeral services for Thomas T.
Trundle, 81, business agent of
the International Alliance of
Theatrical Stage Employees and
an employe of the Palace Thea
ter, who died Tuesday at his
home, 3511 T st. N. W., will be
held tomorrow at 2 p. m. at his
residence. The body will be Gre
mated.
Mr.. Trundle had been a mem
Der of the State Employees ALI
ance since 1906 and had been a
delegate to each convention Of
the association since 1910. He
was also a member of the Ma
sonic order.
Mr.. Trundle's father was en-
ployed at the Gayety Theater
here until a short time ago and
his son, Clarence, is now en-
ployed at the Fox Theater. Be
sides his father and son, he is
survived by his widow, Mrs. Dora
May Trundle; two other sons,
Darrell and Kenneth, and two
daughters, Kathryn and Mar
garet.
The Washington times., 1931-07-30
JACOB FRANKLIN CRONE

Jacob Franklin Crone, 81, an
Amploye of the Government
Printing Office, died yesterday at
Sibley Hospital following a brief
illness.
Mr.. Crone lived at 2024 North
Capitol st. He came to Washing
ton several years ago from Rich
1nond. Surviving are his WIDOW,
Mrs. Sallie l.. Crone; two sons.
Edgar and Charles, of this city;
two daughters, Miss Essie Crone,
Of Washington, and Mrs. ]. H.
Nolte, of Richmond; one brother.
II. M. Crone, of Richmond, and
two sisters, Miss Bessie Crone, Of
this city, and Mrs. John Kennedy.
of Philadelphia.
The Washington times., 1931-07-30
BIRTHS

Jacob T. anu Ellen NJ. Robb. boy,
10y W. and Magdelins C. Ekard. boy.
:: Harry G. and Mary A. Austin, boy.
Clement r. and Elizabeth M. Brown,
Nov.
william R. and Mary I. Gardiner,
George e. and Agnes Jackson. boy.
Edward P. and Louise D. Towers,
boy.
Thomas O. and Mabel R. Rupert
Charles and Marian e. Martin, boy.
Howard N. and Myrtle E. William.
Basil D. and Elizabeth c. Edwards.
BOY.
/. Timothy A. and Mary E. Carragher.
Charles C. and Alice D. Hanna, boy.
Charles E. and Vera Abbott. boy.
Edward c. and Charlotte C. Walton.
boy.
Philip and Hattie M Keys, boy.
Meyer and Ada Mehlman, boy.
The Washington times., 1931-07-30
DEATHS

Anna Rowe; 81 years, 2S44 wiscon-
sin Ave. n. w.
Louisa M Blanton. 81 years. 221O
Pennsylvania Ave. N. W.
st. N. w.
Charles B. Caywood 70 years. ss3s
Sixth St. NJ W.
John Holder. II years sbley Hos
G. H. Reynolds, 5s years. sss Sew
enth st. N. e.
Edward H. Boyd, So years. U, 9.
Soldiers Home Hospital.
Ernest L. MuIlin. 81 years, 1s4s
Beulah E. Seller. 50 years, Gallingsr
Charles W. Robey, 50 years, 6os1
Elmer Johnson. 10 years. ss1 Nine
teenth st. N w
Ernest L. Riley 45 years sibley
Hospital
The Washington times., 1931-07-30
WALTER SMITH

Walter lie Roy Smith, broker
and former secretary to "Uncle
joe Cannon, who died Tuesday
at his home in Winter Haven,
Fla, will be buried Saturday in
Rock Greek Cemetery.
Funeral services will be held
at 2 p. m. at the home Of his
sister-in-law, Mrs. VILLA m T
Belts, 4911 Forty-sixth st. N. w
Mr.. Smith is survived by his
widow, Mrs. Anna Belts Smith
Q son, Walter LIE Roy Smith
1r., 16, and a daughter, Betsy
Smith, II.
The Washington times., 1931-07-30
MARRIAGE LICENSES

johnson Joyner, %. and Charlottia
Eheatham, %. The Rev. W. D. Battle.
Willie Lee Tyson, 20, and Sarah Wal
lace, 81. The Rev. w. D. Battle.
DR.. Lawrence w. Greene, 26, Sharon,
Pa, and Miss Inez Agnes Browne, 27.
The Rev. Leonard z. Johnson.
'Cephas Staten, a. and Susie Giles,
"a. The Rev. William A. Taylor.
John James Turner, 80, and Dorothy
Beatrice Canady, 81. Judge Robert e.
Louis T. Coates, 27, and Margaret
y. Hueston, 20. The Rev. w. L. Wash
Henry r. Hook, 2s, Baltimore. Md.
and Louise Gemeinhardt. 80. Balti"
more. Md. The Rev. H. W. Tolson.
Carroll Robert Anderson, 26, Balti-
The Washington times., 1931-07-30
CAPT. MARTIN ID. MINIS

The death Of Capt. Martin D.
Minis, Medical Administrative
Corps, retired, at Colonial Beach
today was announced at the War
Department.
Burial will be in Arlington
Cemetery with the following Off.
GERS acting as honorary pail
bearers: Majors Raymond A. Kel'
ser, Veterinary Corps; j. B. Har.
Tington, Dental Corps, and Miner
r. Felch, Medical Corps, and
Capts. F. 0. Wells. B. r. Lus-
comb and e. B. Sykes, all Of the
Medical Administrative Corps.
The Washington times., 1931-07-30
FLORISTS

GUIDE BROS. CO., 1912 F st. NV
Phone Nat. 4273. Funeral designs
The Washington times., 1931-07-30
FRANK G, WRENN

{ Frank Gale Wrenn. SIS, an en-
ploye of Mayer & Co.. died yes
terday at his home, All Quincy
st. N. W., following a brief Ill
ness.
Mr.. Wrenn was a native Of
washington and prior to his en-
ployment with the Mayer Com
bany, he had been a buyer for
Julius Lansburgh's furniture
store for 27 years.
Funeral services will be held
Tomorrow at ii a. m. at his resi-
hence, with burial in Rock Greek
Cemetery.
The Washington times., 1931-07-30
Births, Marriages, Deaths
DEATHS

AIKENS, ELLA-Departed this life on
Tuesday July SS d23I EtLRh 81 Rsrtbs AbHEMMs. Ms:
elaine. Besides her granddaughter. she
leaves to mourn her departure four great
grandchildren and host OF other rela-
Funeral services will be conducted from
the W. Ernest Jarvis funeral church; 1892
2. 1881. Interment will follow in Wood
lawn Cemetery.
GREEN, KATIE-lpepaTted this lite on on
Wednesday morning. July 20. 1881 at
Ella Glascoe. River Road. Nd. She leaves
to mourn her denarture devoted sister
Mckee Grant, Remains resting at the w.
Ernest Jarvis funeral church. l432 You
Street Northwest
Notice Of funeral services and inter-
LEAMAN. AUGUSTA ALBERTA--1Passed
away on Wednesday, July 90. 1881. at
her home in Germantown. Md. AUGUSTA
ALBERTA LEAMAiN. in nth, the f ftfty.thfirfd # II
Funeral services will be, conducted on
Ss9GGS SSock Om the AfTss ch@cb
Neallesville Nd. Interment will follow in
cemetery nearby.
MALLORY, THOMAS-Departed this life
Se'qnx i96e qH NpS Is sfset R se
THOMAS MALLORY, Lho the devoted ,.td husband nd
brother. John Mallory. Remains resting
q II the " Ernest jarvis funeral church,
Friday afternoon, July 81. 1881. at /
s,,'i, S,elock, from from the Second Baptist Church.
MORGAN, BENNIE-Entered into eternal
1881, St 80 o'clock. at his late resi- resi-
FEMME MORGAN. He leaves to mourn
his departure five children. one SON. Ed
Mard Gales. and four daughters: Minnie
Mamie Bullock; three brothers. Burt Nor
xan. Alfred Morgan and Ernest Morgan,
md Two srs Vo Morgan r. a1d Matte Matte
Jarvis funeral church. 1432 You Street
Funeral services and interment will fol-
Franklin. North Carolina.
ODELLAS MARGARET-Departed this
life on Thursday morning, July ~; ~;
oDELLAs. the devoted daughter, Of Robert
and Hattie odellas. Besides her, father
and mother, she leaves to TO- mourn hr,,de her de-
Leroy odellas and Robert Qdellas and five
sisters, sisters, Anna Anna odelias. Hattie Odellasa
2iice odeiias Remains ] RESTING at the W W.
Ernest Jarvis funeral church, 1882 You
Notice OF funeral services and inter-
ROBINSON. JOHN-Departed this life on
Wedpssday: July e. I9Br.rsn>, I9$5. st Freed.
mains resting at the W. Ernest Jarvis
funeral church. 1892 You Street North
west
Notice of funeral services and inter-
ment hereafter.
RILEY. ERNEST L.-;Passed away on
Tuesday morning. July 20. 1921, at
Sihley Memorial Hospital ERNEST L..
Riley, the beloved husband of Madeline
Riley (nee Bowanl.
Funeral services will be conducted on
0 SocH fTo% the Ju 80
Company funeral home. Fourteenth and
Chaplin Streets Northwest. Interment will
follow In Glenwood Cemetery.
ROBINSON. WALTER B;1Passed away.
his residence. $40 Taylor Street North
west, WALTER B. ROBINSON. the be-
loved husband of Minnie Boyce Robinson
Besides his wife. he is survived by two
hanan. and one son. RAYMOND B. Robin"
son, and one brother. Myron A. Robinson.
the W. W Chambers Co. funeral home.
ON Thursday afternoon. July 80. 1881. at
2 o'clock. Interment will follow in Cedar
Hill Cemetery.
The Washington times., 1931-07-30
NEW HAVEN
!QR MGnsn Ara n II

Il NEW HAVEN
Il 236 Mass. Ave. NE.
Il Corner. Apartments distinguished by
II size, comfort and attractiveness. !
II room and bath, $50; / room, kitchen
H and bath. $44.50: 2 rooms. kitchen.
bath. $3.50. Kelvinator: elevator.
Il BROOKLAND COURTS
Il 121O-18 Perry st. NE.
Il Detached, cool surroundings. Rooms
Il are Of modern type, extensively fin
Il ished. Outside apartments of rooms,
H kitchen and bath, $3.50 to $3.50.
H Frigidaire; resident manager; incin-
II orator.
1 SEQ B STREET NE.
Il End floor; rooms, kitchen, bath,
4 $4250
I THE DUDDINGTON.
Il 1854 LanieP Pl. NV,
Il Conservative units of rooms of
II unusual size, kitchen, bath and rear
il porch, equipped with Frigidaire. for
Il S53.
Il S1S MD. AVE. NE.
Il 2nd floor: 3 rooms kitchen bath.
/ THE EvARTS,
i 12OS Evarts st. NE.
Il Apartments Of rooms, kitchen
and tile bath. $47.5O. Frigtdairs;
manager on premises.
Il 1889 WIsC. AVE. NV.
Il Corner. and rooms, kitchen,
Il bath, $42.50 to $55. Frigldairs.
/ THE HOWE.
II 800 r st. NV,
Il Corner. Dignified roomy units Of
H 2 rooms. kitchen and bath with
Il shower. $45: End floor front.
/ BOSS & PHELPS
\ 1417 K St. N. w. MA. $500
The Washington times., 1931-07-30
Special Notices

I WILL NOT he responsible for any debts
other than those contracted by myself
personally CARL MARSHALL. 912 7th
St S. W