davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1931-08-10
CURB TRADING
MEANINGLESS

NEW YORK, Aug. 10 GN.SO.
The curb market failed to give
any indications as to it's ulti-
mate price destination in today'S
sharply curtailed trading session,
and once more stocks churned
around irregularly within narrow
limits.
Cities Service lapsed into dull
ness after its pronounced weak
ness of the past week and eased
off slightly to 9 for a decline
of ".
Nothing startling took place in
the utility group, although the
preponderance of changes we're
largely on the downSide. Ameri-
can Gas and Electric, Niagara
Hudson Power, Brazil Traction,
Electric Bond and Share, United
Gas, United Light and Power
and North American Light and
Power were among the promi-
nent issues to ease off slightly.
Trivial improvement was noted
in American Superpower and
Middle West Utilities.
Oils were dull but firm, with
Vacuum edging up 3s to 44T,
and Standard of Indiana nomi-
nally improved at 23A.
The Washington times., 1931-08-10
COTTON MART.
SETS NEW Low

NEW YORK, Aug. 10 0N.S).
A break of $3.50 a bale in cotton
futures during the forenoon trad
ing on the New York Cotton Ex-
change today brought the mar
ket to the lowest price since
1899, when October sold at 6.66
cents a pound.
Heavy selling from the South
and abroad was combined with
hedge and stop-loss order selling.
The main source of support con-
sisted of trade buying On a scale
down, some buying by Wall Street
and profit-taking purchasers by
the shorts. Commission houses
were good buyers of the near
months.
After the first break due to
the Unexpectedly large Govern
ment crop report, the general
list held at around the opening
prices, and at midday, October
sold at $40, off 1888; December
at TOO. off 1871: January at TIL,
off 129; March at 7.32, off 130;
and May at 7.52, off 1870.
1t is no secret that the high
production estimate of 1884, 900
bales surprised almost everyone
in view of the 10 per cent acreage
reduction and the reduced con-
sumption of fertilizers. It was
said, however, that the yield was
higher in States where fertilizer
is not so extensively used.
The Washington times., 1931-08-10
anciaI Neups Stocks Bonds Commodities and Comment
Decline in Brokers Loans Is
Analysed By Haney

speculative liquidation, but also
that the market held well con-
sidering the volume Of that liqui-
dation. It may even suggest that
the so-called technical position Of
the market has been strength!
ened by the reduction in loans.
This is usually the case when
we find the amount Of credit
used by SPECTATORS decreasing
faster than stock prices fall.
Adverse Factors
would not lean too much on
this idea, however, for several
reasons. In the first place, the
fundamental trouble with the
stock market is not its technical
position. The trouble is with the
business and financial situation.
In the second place, the rela-
lively sharp decline in brokers'
loans may indicate less short sell
ing than many might have sup
posed. In that case the technical
position lacks the support Of q
large short account, which would
bring covering" purchases when
any favorable developments occur.
In the third place, the decline
in brokers' loans has been accom-
panied by an increase in non
brokers' loans. That is, loans on
securities made by the New York
banks, not through brokers, but
directly to individual borrowers,
have increased.
Necessity Loans
OF course, this might indicate
that shrewd investors are, borrow
ing to buy stocks, but I doubt
this. I think it is more apt to
mean, at present, that hard
pressed holders of securities are
having to increase their loans Sc
cured directly from banks.
The total security loans Of
only the reporting banks which
are members of the Reserve Sys-
tenn are well over IA per cent
of the total value of listed stocks.
This seems pretty high.
The Washington times., 1931-08-10
POWER STUDIES
UNDER WAY

The Federal Power Commission
has underway a number Of
studies designed to bring ex-
tensive information regarding all
Federal licensees.
A QUESTIONABLE prepared to
elicit information relative to ques-
tions of finance, management
and control of such licensee COM
panies, as well as those affiliated
with such licensees has been sent
out by the commission.
Concurrently with this study
The commission is beginning an en-
gineering and economic study OF
the electrical industry with par
ticular reference to the relations
between the waterpower industry
and other closely related indus
tries. This work is being done
under authority conferred by the
Waterpower act.
The Washington times., 1931-08-10
EARNINGS SHOW
GOOD GAINS

NEW YORK, Aug. 10.-For the
first time since the beginning Of
the present business depression,
current earnings Of 1874 repreSen-
tative American corporations show
a substantial increase over earn
ings of the same companies in the
previous quarter. The increase Of
the second quarter over the first
quarter Of this year edualed 1872
per cent, compared with an in
crease of 3.6 per cent for the Sec
ond quarter over the first quarter
of 1880.
The fact that the third and
fourth quarters of last year and
the first quarter Of this year sue
cesSively showed smaller earnings
makes the present upturn, in the
opinion of Gage ,. Wright, of the
Business Economic Digest, of more
significance than the relative in
crease shown now, as compared
with the first quarter of 1881.
The Washington times., 1931-08-10
DEMANDBETTER
FOR HARDWARE

In several of the country's
leading hardware markets it is
evident that consumer buying is
on the increase, reports Hard
ware Age. Crops are being mar
keted in most agricultural Sec
tions, and while prices for farm
products are low, most farmers
have been favored with bumper
crops, which have placed consid-
cradle money into circulation in
the retail channels Of rural dis
trictS.
Urgent orders being received
from dealers by wholesalers and
manufacturers indicate that re-
tail stocks are exceptionally light.
Outing and vacation equipment
continue to move in a brisk man.
ner. Shelf hardware and most
of the staple lines are moving
in a moderate but steady volume.
The Washington times., 1931-08-10

L. c. Chase & Co., New York,
marketing agents for the mills,
announced simultaneously that M.
Vile g. Co., Buffalo, N. Y, have
been named manufacturers and
distributors Of the product.
Furriers, textile makers and
others have long been interested
in the development Of such a
method because of the public de-
mand for conservation of fur
bearing animals.
Is Years Of Experimenting
The experiments terminating in
the development of the new looms
have been in progress for Is years.
Leaders Of the textile industry
here recall that it was in Sanford
mills that George Goodan in
vented the first power weaving
machines for mohair so years
ago, after plain fabrics had been
woven only by hand since its
origination In King Solomon's s
time.
The Washington times., 1931-08-10

Almost 10 per cent Of the ag-
gregate amount of bonds listed
on the New York Stock Exchange
is rated "AAA" by Moody's In
vestors Service. according to an
analysis made public today, while
less than 2 per cent Of the total
consists of unrated obligations,
which include many bonds Of
domestic and foreign finance
companies.
The unusually high quality Of
the list is credited by the survey
as partially due to the inclusion
of SALTS, 1850, 900 in British gov
ernment bonds and $685. ,201 900
in United States Government
issues, all Of which receive the
highest rating. The gilt-edge
securities, however. also pre-
pus olasswop SuouS aaSuTuop
The Washington times., 1931-08-10
Bankers See Signs
OF Business Profit

America has paid such atten-
ton to the troubles of Europe
in the past two months she has
completely overlooked certain
definite signs of business recu.
peration with in her own borders,
the American Bankers ASSocia.
ton stated yesterday in review
of current business conditions.
The association said:
adverse conditions have
Spurred drastic reduction in
manufacturing, selling and over.
head costs in almost every line.
Recently published statements
for the second quarter show
that great economy and eff.
cheney are now being turned
into increased earnings"
The Washington times., 1931-08-10
New Artificial Fur Due IL,
Winter Ouercoats

BOSTON, Mass, Aug. 1O.-An
announcement today from San
ford Mills, pioneer New England
textile manufacturers, of Sanford,
Me, that it has originated meth
ods Of making man made fur"
in commercial volume is expected
to result in a marked stimulation
Of the mohair industry.
The mills, the announcement
said, has perfected looms which
reaSSemble Shorn mohair fleece in
its natural erected position into
fur" for clothing and other uses.
Other Types Coming
The man made fur" will make
its initial appearance this winter
in oVercoatS which have been
styled "koongora" because of
their combined resemblance to
coonskin and the fleece from
which they are made. These are
to be followed by other types of
the same materials.
The Washington times., 1931-08-10
Dodge Motor Sales
Up OUer II Per Cent

Deliveries of passenger cars and
trucks, school buSSes and taxi
cabs by Dodge Brothers division
of the Chrysler Corporation for
the week ended July Is showed
an increase of All per cent over
the week ended July &c. 1880.
The two weeks previous, ending
July IL and l8. showed increases
of 23 8 rer cent and S9.9 per cent,
respectively, compared with SINH
lar yMGriods last year.
The Washington times., 1931-08-10
Tire Shipments Up
2.9 Per Cent in June

Shipments of pneumatic cas-
angs in June amounted to SSH
6S6 castings, an increase of 20 per
cent over the previous month and
So per cent over June, 1880, the
Rubber Manufacturers Associa.
ton announced.
Production in June was 5,672,-
463 units against 5,678,754 in the
preceding month and 5,122, $50 in
June, 1880. Pneumatic castings on
hand in June 80 were 10.447,210
units, an increase of 1.3 per cent
over May, but 21.3 pei cent below
June 80, 1890.
The Washington times., 1931-08-10
Carolina Tobacco
Sale and Price Off

URBAN, N. c., Aug. 10.
Sales totals for the first week
Of the North Carolina border to-
bacco markets and for the South
Carolina m arkets were much
smaller than for the correspond
ing week last year. and average
prices for the week were below
the first weeks prices last year.
The average price was around 8
cents a pound.
Despite the low average, good
quality tobacco brought from 18
to IS cents a pound, with some
extra fine leaf selling at much
higher figure. Preponderance Of
lugs on the market kept the
average down.
The Washington times., 1931-08-10
Untitled Tonnage
of Steel Declines

NEW YORK, Aug. 10 QNSD.
Untitled tonnage of the United
States Steel Corporation for July
showed a decrease Of 74,507 tons
to a total of 3,404,816 tons on
July 81, according to the official
report Of the company released
at noon today.
Untitled tonnage on June 30
amounted to 3,479.323 tons, COM
pairing with $500. .452 tons on May
81, 3,897,729 tons on April 80,
and 4,022,055 tons on July 81,
1870.
The Washington times., 1931-08-10
June Sets Record
In Use of Leather

Leather consumption during
June was the highest for any
month since January, 1880, con-
sistent growth having been re-
corded since last November, &C.
cording to the New York Hide
Exchange.
Consumption of cattle hide
aeather during June was 1878, 900
hides against 100000 hides in
June, 1890, bringing the total for
the first six months slightly above
the level of last year. During
June consumption exceeded pro-
duction by 1O4 900 hides.
The Washington times., 1931-08-10
COUnty's Historical
Spots To Be Listed

MIS-. Iudley P. Harrison, for
mer president of the Creative Arts
Club of Arlington county, has
been named chairman of the new
committee of the Arlington Bi-
centennial Council, which has
been formed to study and pub
licize the historical points in the
county.
Plans call for the placing of
markers at all such points and
the preparation of a handbook
giving locations and full descrip-
tionS of historical spots.
The Washington times., 1931-08-10
Buffalo Greatest
Grain Port in u. s.

Buffalo, N. Y, is the greatest
grain distributing port in the
United States and the leading
flour milling center in the world,
the Shipping Board and the War
Department announced yesterday
in joint statements.
Buffalo, the report says, enjoys
cheap transportation, an mex
haustible supply of power and a
vast consuming area. It has 81
waterfront grain elevators with
storage capacity Of 41,988,0 900
bushels.
The Washington times., 1931-08-10
Mississippi Banks
Improve Condition

Improvement in the condition
Of Mississippi banking institutions
is sen by Superintendent of
Banks Love, who said that the
total of $67 1000, 900 in loans COM
pared with $97, 100000 of depos-
its lis more in line with safe,
sound banking than shown for
many years."
He said that bills payable had
been reduced and cash reserves
increased,
The Washington times., 1931-08-10
Rule in 1880 Cost
Atlanta SI1,69,I73

The city of Atlanta, Ca, spent
$11,069,l ,l73 to run the municipal
government in 1880 the Census
Bureau stated yesterday.
Operation of the general de-
partments cost $8,171,572, public
service enterprises cost $504, ,251,
interest on debt, 5000, ,139, and
permanent improvements, $l,493,-
211.
The years revenues amounted
to $11,231,16S, which gave the
city savings Of $161,995.
The Washington times., 1931-08-10
Montgomery Ward
Sales Gain in JULu

Montgomery Ward and Com
pany's July sales of $l5,32O,4 ats
indicate some improvement in
sales trend in that the decline Of
17.9 per cent from $18,668, ,623 of
a year ago was the smallest since
the April comparison and held
the percentage decline for the
seven months at the same point,
or 17-2 per cent below a year ago,
as shown for the six months COM
pared with the like 1890 period.
The Washington times., 1931-08-10
KNOTT CORPORATION

Knott Corporation reports for
six months ended June 80, 1881,
net profit of $268.231 after depre-
citation and federal taxes, com.
pared with $262,702 in first six
of 1880. The company
states net profit for first half Of
1881 is equal to $3.50 share on
it's outstanding capital stock,
against $1.62 q share In first six
months of last year.
The Washington times., 1931-08-10
WHEAT STOCKS DROP

Stocks of wheat held in mills at
the end of June, 1881, totaled ST.
770,871 bushels, a reduction of
more than 500 from the total of
81.84l ,063 bushels held March 81,
1881, Commerce Department re-
ports from returns of 834 milling
concerns owning or operating 987
mills
The Washington times., 1931-08-10
PENNEY co. SALES

Sales of j. c. Penney Co. in
July showed the smallest per-
centage decline from a year ago
Of any months this year. This
trend has been in progress since
March. July'S decline was per
cent, compared with SO per cent
in June, 90 per cent in May,
11.S per cent in April, 12.4 per
cent in March, 14.S per cent in
February and S.3 per cent in
January.
The Washington times., 1931-08-10
NEW TREASURY BILLS

The Treasury announces the
offering of $50, ,0O0, 900 Of Treas
ury bills to be sold to the high
est bidder on a discount basis.
The bills will be dated August
II and mature November IS.
Proceeds from sale will be used
partially for the redemption Of
$4,000, 900 Of bills maturing Au-
gust II.
The Washington times., 1931-08-10
Chemicals Explode,
Set Fire to School

MIDDLETOWN, Md, Aug. 10.
Explosion OF some chemicals
stored in the building today was
believed to have been responsible
for the fire which did extensive
damage to the interior Of the
Middletown High School. Half.
a-dozen windows were blown from
the building.
The Washington times., 1931-08-10
CANADA INTERPRETATIONS

New Canadian interpretations
in the week ended August 5
totaled 80 with capital of
$1O,130,550, compared with 48
with capital of $7,6O3, 100 in the
preceding week, and 70 with
capital of $16,565,O70 in the
corresponding week last year.
The Washington times., 1931-08-10
Carnegie Steel Mill
Recalls $500 Men

PITTSBURGH, Aug. 10.-Car-
negie Steel Company has resumed
activities in it's Edgar Thompson
plant, which has been idle since
July "a, $500 workers being af-
fected.
The Washington times., 1931-08-10
MIDDLE WEST UTILITIES

Middle West Utilities Company
and subsidiaries report for quar-
ter ended June 80, 1881, consoli-
dated profit Of $6,744,468 after
taxes and charges, but, before de-
probation, comparing with ST.
671,O ,O98 in preceding quarter and
$7,S7l,601 in June quarter of
The Washington times., 1931-08-10
HANCOCK OIL PROFIT

Hancock Oil Company of Cali
fornia reports for the fiscal year
ended June 80. 1881, net profit of
$98.197 after all charges and Fed
eral taxes, equal to ~ N,ntS a
share on 23l,087 shares of COM
bined A and B stock outstanding.
The Washington times., 1931-08-10
GERMAN COAL CARTEL

The German Coal Cartel is ini
tiating an international coal Or
ganization and is holding conver-
SationS now with Belgian and
French producers. The Germans
are asking the French to abolish
the import license system.
The Washington times., 1931-08-10
EAGLE.PICHER LEAD co.

Eagle.Picher Lead Co. reports
for six months ended June 80,
1881, net operating profit of
1928, 400 after depreciation and
depletion, comparing with net
operating profit of $2l3,586 in
first half of 1880.
The Washington times., 1931-08-10
STEEL CONTRACT LET

Contracts for $500 tons of
steel for a power transmission
line to extend from Peoria to
Chicago have been distributed
1900 tons to the Gary Struc-
tural Steel Company, 1850 tons
to the Blaw.Knox Company and
1850 to the Aeromotor Co,
The Washington times., 1931-08-10
Loses Soviet
Orders to France

PARIS, Aug. 10.-A Soviet COM
mission of seven is expected to
arrive in Paris soon to place
orders with French industry, in
cluding a portion of the urgent
orders originally destined for Ger
many.
The Washington times., 1931-08-10
CHANGE IN FIRM
NAME MADE
FOR D. c.
Henderson & Co., Inc, Merges
With Loomis SayIes Co., Inc,
Boston Finance Advisors

Business hitherto conducted in
Washington and Philadelphia by
Henderson g. Co., Inc, on behalf
Of Loomis Sayles & Co., Inc, in.
vestment counsel, of Boston, will
The Washington times., 1931-08-10
Cheerful Trade
News Items

Earnings of 1S4 firms
show big gain.
June leather consumption
sets record.
Dodge Motor sales jump
AZ per cent.
Carnegie steel mill recalls
$500 men.
Tire shipments up 2.S per
cent in June.
The Washington times., 1931-08-10
New York Bond Market
Fractions represent S2Hds
1911 means IOI 1-32
United states

Liberty 3hs '32-47.
Lib 4th 4lts 1898. .
Treasury 4hs '47-52
Treas As '44-54......
Treas ass '40-43 Jun
Treas 31ks '46-49.
The Waterbury Democrat., 1931-02-27
Diary Of Murdered Woman May Eclipse
 Lieut.. Becker Case Vivian Gordon Is Dead, Brutay Killed, But She Has Revealed Secrets That Shake New York City

New York. Feb 27-The diary of Vivian Gordon was expected to-day to solve the mystery of her death, q crime which may reveal racketeer- ing activities rivaling those of New York's 19-year-old Lieutenant Beck CT case.
 Names of many figures in New York's night life were listed there in: names Of police figuring in the current city vice Investigations were included: incidents which have been written into police records of her own activities were amplified: and her fear '" "ne man was described {:
 T faar c...y John A. Radeloff. He could get Cohen or some of his friends to dispose of me-" the diary said.
 Police Commissioner Edward P, Mulrooney announced early to-day that John A. Radeloff, attorney for Mrs Gordon for two years, and Sam Cohen, alas Charles Harris, were held for questioning on her personal affairs.
 At the same time it was an- rounced that Andrew Mclaughlin plain clothesman, partner of an- other plainclothesman indicted on charges of framing women in vice cases. would be questioned on his re- (Continued on Page 12)
The Waterbury Democrat., 1931-02-27
EXCLUSIVE CLUB RAIDS STARTLE
 PHILADELPH
Director of Public Safety SchOfield, Who Conduct ed One Raid, Resigned From Club He Searched

Philadelphia, Feb 27-UP)-The placid routine of the exclusive Phil adelphia club was slowly returning to normal to-day after police raid CTS walked into the club yesterday and confiscated liquor said to be worth s100,000. The raid. coming only twelve hours after Director of Public Safety Schofield personally raided the Manufacturers club. caused great excitement among those named as "clubmen".
 Despite the fact the director con- ducted the raid on the Manufactur- CTS club, of which he was a member until his resignation immediately following the raid, he was unaware that the Philadelphia club had been raided until informed by newspaper men. He dispatched Assistant Su- perintendent Taylor to collect the details while he announced that he was "back of any policeman who does his duty.
The Waterbury Democrat., 1931-02-27
STRIKERS GOING
 BACK TO WORK IN
 LAWRENCE, MASS.

Lawrence, Mass, Feb 27-(UP)- It was estimated that $500 of the 10000 operatives of the Wood, Washington. and Aver mills were back at their jobs this morning Many of those still absent were ex- pected to return this afternoon. Some of the workers, including many women. remained away through fear that adamant strikers picket ing the mill area might cause trouble. But the district was pa trolled by 225 police, including 20 mounted officers and a detachment of 50 men from Lowell, and workers who returned were not disturbed.
 Only about one fourth of the workers participated in the vote held yesterday and last night, but of those who cast ballots, nearly five of every six favored a return to work. The vote was 2047 for and 458 against.
The Waterbury Democrat., 1931-02-27
DANENH0WER IS ACCORDED HONOR
 BY KENTUCKY
Conn Wouldn't Make Him a Capt on Governors Staff But Kentucky Named Him Admiral

Hartford, Conn, Feb 27.-UP)-' Connecticut refused to make it's adopted son, Lieutenant-Commander Sloan Danenhower of Lyme. a cap tain on the governors staff but Ken lucky made him rear admiral.
 The Connecticut general assem- bly, decision merely to give the commander of Sir George Huber! Wilkins Polar submarine Nautilus a state flag was understood to have prompted Aubrey Maddock of Hart ford, O colonel on the staff of Gov ernor Elem D. Simpson of Kentucky. to instigate appointment. The com- mission will be presented to Danen- hover at a public reception here March 5. with Governor Simpson and Wilkins attending. it is under stood.
The Waterbury Democrat., 1931-02-27
WEALTHY WIDOW
 OF HAVERHILL
 BRUTALLY SLAIN
Mrs Clara Erskine Clement Ellis, 40 Years of Age, Attacked in Her Home and Beaten to Death

IIaverhill, Mass. Feb 27.-(UP) With three deep claw-hammer wounds in her skull, Mrs Clara Err skine Clement Ellis. 40. well-to-do widow, was reported near death at Benson hospital here to-day. Foot prints in the snow and 0 blood stained hammer were the meagre clues with which police had to work as they hunted an unknown assail- ant who brutally attacked the wo- man as she lay Tn bed at her home in the exclusive district early yesterday.
 The wounded woman was found by Agnes Reardon. q maid, and Nora Ring, the cook. who were attract ed to Mrs Ellis boudoir by her groans. Police were not notified for three hours and the news of the at tack was not made public until last night. Mrs Ellis, clad in night clothes. waa lying across her bed when found by her domestics. The wire of telephone in the room had been clipped. All windows were locked. There was evidence of a struggle.