davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1931-10-28
HOPEFUL TRADE
SIGNS LISTED
BY HANEY
Period of Sterilization Due
Before Sound Recovery Is
Now in Progress, He Holds
BY LEWIS HANEY
Director New York University
Bureau of Business Research


There has been little change in
actual business activity of late,
and perhaps that is a good sign.
Any sound recovery should be
preceded by period of stabiliza-
ton.
We should note that from now
on the heavy industries and rail-
road transportation normally show
a pronounced seasonal decline. To
the extent that they hold nearly
steady, therefore, we may con-
slider that the showing is favorable.
Panic Seen Over
The most hopeful business indi-
cation unquestionably is the pass.
ing of the panicky condition of a
week ago. The outflow of gold
largely has been checked.
Commodity prices during the
past two weeks have been strong
er than at any time in a long
while.
This is particularly true of
farm products. including grain,
live stock Except hogs. and cot.
ton. The winter wheat acreage
has been reduced and needs rain.
Bankers Pool Cotton
Southern bankers are organizing
pool to hold cotton, while cot
ton picking has been slow. Re.
celpts of cattle and calves have
been relatively small.
IN general, farm prices appear
to have been pretty we'll Debated
and are low in comparison with
most manufactures.
But Dun's list of commodities
last week showed 80 declines,
against 80 advances in price. Pig
iron, lead. zinc, tin and wool were
lower. So there is no indication
OF broad inflationary rise in
prices.
Some RecesSiOns
Some recession continues in the
industries which spurted earlier
IN the year, such as cigarettes,
shoes and wool textiles.
About the only gains in activity
have been in coal and cotton
cloth, but these are purely sea-
sonal occurrences.
So Sounder sentiment, signs of
stabilization and well-founded
hopes that the organization of
local bank credit pools may check
bank failures-these are the main
bright spots.
The Washington times., 1931-10-28
DECLINES
ON COTTON

NEW YORK, Oct. % 1.N.sO.
Unsettlement in the security mar
kets exerted an adverse influence
in today's cotton activity, and in
itial flrnness was replaced by a
barely steady tone later in the
morning. with declines ranging as
high as II points.
Trading was only moderately
active. Scattered selling came
from Liverpool and the Cont
ent, with cooperative brokers
active on the selling side. There
was also some wire house selling
of the more distant months. AS
usual. the main support was in
the form of price-fixing for spin
ners, but this took place only as
a scale down. Professionals. Wall
Street and commission houses
were moderately active on the
buying side in the more distant
At midday. December
was off points at 6.67, January
off 7 at 6.73, March off 8 at 6.88,
May off 8 at 7.07, and July off
II at 7.25.
The Washington times., 1931-10-28
Texas Gulf Sulphur
EARNING Dividends

Earnings of the Texas Gulf Sui
phur Company in the current
quarter probably will equal at
least the rs cents a share earned
in the second quarter, when in
come was the lowest for any
period this year. Net in the first
nine months of 1881 was $6,704,-
091, or $2.64 a share on $2,540, 900
shares.
Thus, net for the full year
should be in the neighborhood of
$3.4O a share earned in 1880. The
current So dividend requirements
accordingly will be covered by a
comfortable margin.
The Washington times., 1931-10-28
Distribution of SIS
Bu N. Y. Transit

Directors of New York Transit
Co. have recommended to stock
holders reduction of capital stock
to- $500,0OO from $1,00O,000, with
a corresponding reduction of par
value of $5 from $40. This pro-
poSal will be submitted to stock
holders for action at the annual
meeting to be held in January,
1882.
1t is stated that if stockhold-
ers approve the recommendations
it is probable cash distribution
of $5 share can be made.
The Washington times., 1931-10-28
Credit
To German BrelUeT

Schultheiss. the largest German
brewery, whose shares are now
quoted at so compared with $50
q year ago, has received a 10000
900 Reichsmark credit from
Deutsche Bank und Disconto-
Gesellschaft, Darmstaedter und
National Bank. and Commerz
und Privat Bank in order to meet
the immediate requirements of
the company.
The Washington times., 1931-10-28
CHICAGO LIVESTOCK
CHICAGO, Oct. % G.N.S)

CHICAGO, Oct. % Q.N.S).
Eogs-22,00O; 10 % 15c higher:
top, $5.25; bulk, $4.75@5.20; heavy,
$50 q 5.25; medium. So q 5.25;
light, $4.85@5; light lights. $4.75
@4.90; packing sows, $4.60@5:
pigs, $4.40@4.S5; holdovers, 5000.
Cattle-9,500; steady. Calves
1000; steady. Beef steers-Good
and choice, $9@11; common and
medium, $500; yearlings, $500
1915. Butcher cattle - Heifers,
$4@9; cows, $3.75@5.50; bulls,
$3g5.25; calves, $6@S; feeder
steers, $4@7; stocker steers, $3.75
@6.75; stocker cows and heifers,
$3.50@4.50.
Sheep-23,OOO; steady. Lambs,
$5.50@6.50: common, $3.75@4.50;
yearlings, $4.50@5; feeders, $4.75
@5.25; ewes, $1@2,75.
The Washington times., 1931-10-28
Production of Oil
In Mexico Declines

Crude oil production in the
Panuco and Tuxpan districts aver
aged 64,690 barrels daily during
the week ended October II, COM
pared with $4,000 barrels daily
during the week enced October
1S, 1880. Heavy oil production
averaged S6,996 barrels daily and
light oil 27,693 barrels daily.
The Washington times., 1931-10-28
S2O,67O,8OO in Gold
Is ShiDDed Abroad

The daily gold statement OF
the New York Federal Reserve
Bank up to 3 p. M, Monday.
showed exports totaling $2O,67O,.
800, of which $18,062, 800 went to
France, $2,508,2O0 to Belgium,
and 1000 to Switzerland.
Gold earmarked for foreign ac-
count was decreased $3,400,O00.
of which 100000 was in addition
to Saturdays earmarking. There
were no imports.
The Washington times., 1931-10-28
LOADINGS OFF

Loadings Of revenue freight on
the railroads of the United States
for the week ended october II
totaled 761,719 cars, according to
the American Railway Association.
This was a decrease of 169, 1886,
or 1871 per cent, below the cor
responding week last year and a
reduction of 423,845 cars, or 35.7
per cent, below the like week in
1929.
The Washington times., 1931-10-28
STEWART. WARNER LOSS

Stewart-Warner Corporation re-
ports for quarter ended September
80, 1881, net loss of $791, ,496 after
taxes, depreciation, etc. This
compares with net profit Of $110,-
937 equal to 8 cents a share on
1926, 1892 shares (par $1O of CAPT
tai stock in preceding quarter and
net profit of $454,587, equal to
81 cents a share on 1899, $50
shares in third quarter Of previous
year.
The Washington times., 1931-10-28
Ills. Plants Rotate
Jobs to GiUe Work

District members of Illinois In
dustrial Council stated that many
factories throughout the State are
rotating work and staggering
hours in order to maintain en-
ployment at the highest possible
level, although temporary reduc-
tions in hours and days of work
were still effective,
The Washington times., 1931-10-28
NATIONAL TILE co.

National Tile reports let profit
for nine months ended Septem-
ber 80, 1881, amounted Ia S12,389
after charges, equal to 10 cents
a share, against $110,260, or 80
cents a share, In first nine
months Of 1880.
The Washington times., 1931-10-28
TODAY'S QUOTATIONS ON THE NEW YORK STOCK MARKET

Prev 1881 Name and Net
High Low Dividend Rate High Low 12:4S Ch'ga
45% 24H Trico Prod G1z).. N ISL 2e1I- 4
The Washington times., 1931-10-28

IA Zonite Prdts uJ.. 84 ~ So p
Dividend symbos-a extra: b. dividend stock: 81
In stock: d.. scrlp "ex-dtvidend: rex.riGhtG
Dividend to dolare parentheSeS
The Washington times., 1931-10-28

1914 Yale G. Towne 2). Az 141g 141a
q 33s Yellow Trk B.. S VI ~
19 Youngstown Sh.. Il G0H t0sl
The Waterbury Democrat., 1931-07-09

democratic governor of republican
Kansas who charged the billion dol
lar Cities Service organization with
collecting exorbitant rates in nearly
100 cities and towns, marshalled gov
ernmental agencies at Topeka for the
struggle with Doherty.
1--WE will succeed in legal and or
derby manner" Woodring sadi in an
swer to a telegram from Doherty
charging that the campaign is one OF
persecution, coercion and mud
singing"
The Kansas City Star, which threw
it's support behind Woodring, re-
iterated the demand that gas rates
be reduced and prepared to meet a
100000 libel suit which Doherty's
attorneys have announced they will
file.
Attention must not be diverted
from the main issue-that of exor-
bitant gas rates-by personalities OF
legal smoke screens said George
Longan, publisher of the star.
The struggle over Kansas gas rates
began when Woodring instructed the
state public service commission and
! the encouragement of Kansas tc
The Waterbury Democrat., 1931-07-09
HAWLEY SAYS
TARIFF BILL IS
NOT TO BLAME
CO=authOr Believes Meas
ure Has Helped During
Depression
BY DENNIS LANDRY
ted Press Staff Correspondent

(Onlteu IfeSS StdH SOrfeSpOHUcHt)
Salem, Ore, (UP)-The Hawley-
Smoot tariff has had no effect in
causing the present business depres-
sion.
Actually, the tariff tended to
alleviate conditions for this
country.
Those are beliefs of Rep Willis
c. Hawley, joint author of the
tariff and chairman of the house
ways and means committee.
1--WE have actually suffered a
smaller relative loss in exports
than in domestic sales. Hawley
said Furthermore only little
more than a fourth of our imports
during the first five months of the
Hawley- Smooth tariff were affected
by it at all, as 69.5 per cent of
them came in duty free Under its
provisions,
But on the other hand, the
Federal Farm Board said that the
wheat farmers were benefited
some 20 or 80 cents a bushel by
the tariff. Although the prices
are low at best. without the tariff
they would be lower
GAS a matter of fact, foreign
trade has decreased only to the
same degree that domestic trade
has decreased, and for the same
reason. The American people, as
we'll as the people of the world
generally, have decreased their
buying. The lessening of demand
has reduced prices and this low
ering has been dominant factor
in the apparent reduction in for
eign trade"
Rep Hawley said it is up to this
country to lead the way to happier
times.
The Waterbury Democrat., 1931-07-09

mentioned fund. The park at the
corner of Hill and High streets will
also be improved through funds
from the same source.
Red Cross Nurses Report
During the month of June, Miss
| Mary Claffey and Miss Catherine
Brooks, local Red Cross nurses
made 335 visits according to their
report made public yesterday. Dur
ing the period SO cases were ad-
mitted and 81 patients were dis
| charged. The total number of cases
under care in June were lis.
Clerks Have First Holiday
Clarks of the local stores affiliated
with the Merchants group enjoyed
their first half holiday of the sum
mer season yesterday afternoon. The
| Wednesday afternoon half holiday
will be in effect during the months
of July and August.
bonneville Here Tomorrow
Jimmy Sweetmans American Le-
gion boys team will attempt to
avenge the defeat handed them by
the Hopeville Juniors two weeks
ago when the two teams clash to-
| morrow afternoon in scheduled
game in the American Legion coun-
| tryside baseball tourney at Recrea-
teams went into a ten inning session.
Wargo will be on the mound for the
locals and Ketchkes will catch.
WOmen's Singles Start July Is
Entries for the annual Women's
singles tennis tourney to be con-
Quoted by the "Y" are now being
received at the "Y" office. All en-
tries must be in not later than 6
o'clock on July 13. Miss Anna Nolde
| will be the defending champion. She
has already won the trophy twice
and will have to win again to gain
permanent possession.
Street Oiling Program Being
Rushed
Superintendent of Streets D. j..
German resumed work of oiling
streets of the borough yesterday,
Meadow street being the first street
to be oiled. The borough's oiling
program was halted several weeks
ago when it became known that the
borough's share of the state funds
for dirt road improvement would be
available on July /, and that the
state would pay for the oil. The
oiling program will now be rushed
until all borough streets have been
treated.
Savings Bank Officers
Arthur H. Dayton was reelected
president of the Naugatuck Savings
bank at the annual meeting of the
incorporators held yesterday. Oscar
L. Warner who has been trustee
OF the bank was named vice-presi-
dent succeeding the late William T.
Rodenbach.
The other officers named were
Edward r. Hotchkiss, vice-presi-
dent; Harry A. Daily, secretary and
treasurer; Hiding N. Olson. assist
ant secretary; Raymond w. Paul,
assistant treasurer and Mrs Bertha
3. Swanson, teller. The trustees
named are Fremont w. Tolles, DR.
Thomas NJ. Bull, Charles L. Berg
er, Lewis A. Dibble, John j. Cor
man, William J. Neary, George p.
Young, Harris Whittemore, Jr, and
Charles p. Rodenbach. the later
taking the place of Mr. Warner. The
officers report showed total depos-
it's on June 80 of $6,5SS, 099.50.
The Waterbury Democrat., 1931-07-09
RIO POWER DAM
WORK RUSHED

Eagle Pass, Texas (UP) -
Work is progressing rapidly on
Maverick County's 90-mile $4,000
900 hydro-electric power and irriga-
ton project being constructed on
the Rio Grande 12-miles west of
here.
Only a few finishing touches re-
main to be put on the intake chan
mel before the Golfer dam can be
opened to allow a free flow of the
Rio Grande into the channel.
Completion of the intake section
marks the closing of an important
chapter in the building of the pro-
ject. Twice during it's construction
the muddy river rose to harass the
engineers, and twice the muddy
waters were turned back and the
resulting muck cleaned out.
The project will irrigate and bring
under cultivation some $1,000 acres
of land, furnish water for the de-
velopment of 10000 gross horse
power at the Central Power and
Light Company's plant now under
construction 10 miles north of Eagle
Pass, and form nucleus for the
border expansion of the Winter Gar
Gen district.
District engineers figures show
that more than $1.300,000 worth OF
construction has been completed by
sub contractors to date.
The Waterbury Democrat., 1931-07-09
ROOM SHORTAGE
WORRIES RENO

Reno, Mex. (UP)-House and
apartment hunting in Reno has be-
come one of the most popular-or,
rather, npopular-diversion of the
divorces since the siX-weeks divorce
and wide-open gambling laws went
into effect
Housing facilities have become
acute, simply because there are
not enough houses or apartments to
supply the demand.
Tent cities have sprung up in the
outskirts, every room in every
hotel is occupied. Virtually every
apartments house has waiting lists.
Hotels are placing cots in corridors
and Lighthouses" have sprung up
overnight.
The Southern Pacific railroad
places all available Pullmans on
sidetracks near Reno on week-ends,
to lodge overnight tourists.
The Chamber of Commerce is
making a valiant effort to remedy
the situation, which will become
acute during the racing season here
this month.
But the problem confronting the
week-enders and pleasure seekers
Is simple compared to that of the
poor divorces.
The Waterbury Democrat., 1931-07-09
TREE KEEPS ALIVE
HUBBARD MEMORY

East Aurora. N. Y, (UP)--An APP
Pile tree here is keeping alive the
memory of Ebert Hubbard, philos-
opher and lover of man, lost In the
Lusitania disaster.
Charles J. Rosen, official of the
Roycroft shops, and Ebert Hub
bard 3rd dedicated thetree at SIM
pie ceremonies here recently.
Gilbert Hubbard symbolized lie,
Rosen said, land that Is why we
chose tree instead OF a building
to dedicate to his memory.
I'VE thank God, who made THIS
tree, for Ebert Hubbard"
The Waterbury Democrat., 1931-07-09
FALSE ALARM BUG

Seattle.-The local fire depart
ment has no love for Fred Dress.
Dress was a fire alarm bug and he
made a habit of turning in false
alarms, waking firemen from their
occasional night dozes and rushing
them to the scenes of the fake fires.
He turned in 23 fake alarms before
he was caught. They cost taxpayers
$4,000.
The Waterbury Democrat., 1931-07-09
YOUNG GOVERNOR
OF KANSAS GOES
AFTER DOHERTY
Harry WoOdring Is Not
Scared By the Dynamic
Attack Made By Cities
Service Leader

Kansas City, Mo-, July 9.-(UP)
Leaders in the Kansas gas rate
fight under way against Cities Serv-
ice Cooperation and it's subsidiaries,
proceeded with their campaign to-
day unruffled by denunciations from
Henry. L. Doherty, fighting head of
that organization.
Harry woedring, dynamic young
The Waterbury Democrat., 1931-07-09

proceed with every legal power at
their command to force q reduction.
Doherty's answer was a telegram
to Woodring saying his demands
were arbitrary" and charging that
he had fallen under the evil in
fiuence of the men who control the
Kansas City STAR"
The Waterbury Democrat., 1931-07-09
A HOT ENCOUNTER

Los Angeles--Stanley Stoefen,
tax driver, crashed through a signal
light and into car driven by Elsie
Robinson. Stoefen got out OF his taxi
and Elsie began arguing with him.
The battle waxed hotly until Elsie
burned up. She jammed burning
cigaret into his cheek. She was ar
rested and Stanley was treated at a
hospital.
The Waterbury Democrat., 1931-07-09
MEANEsT THIEVES

Indianapolis.-Pro the mean
est thieves in the world visited the
home of George H. Kipling. The
robbers stole IA of Kipling's prize
rabbits. Unable to carry away any
more, they killed Is remaining bum
MES.
The Waterbury Democrat., 1931-07-09

The Dunedin National Museum of
New Zealand reports the finding
of two rare and perfect specimens
of Moa eggs. These large fiightless
birds, resembling the ostrich, only
larger, and confined to New Zea-
land, are thought to have become
extinct more than 500 years ago.
Red Lodge daily news combined with Carbon County news., 1931-12-03

| Mr.. Nels Rogness and Sonny
Sparr returned from Chicago this
Red Lodge daily news combined with Carbon County news., 1931-12-03
Around Our County
Special Correspondence

Nestor Falk left Sunday for Ida.
no Falls, Ida, where he will Spend
the winter with his uncle. Mr.. and
Mrs. Dave Robertson, and children
Aleas and Ruth, and Reno Falk ac.
companied him as far as Laurel
where he entrained.
Mr.. and Mrs. Lou Tunnielifi
spent the weekend at Paint Creek
Wyo.
Mr.. and Mrs. NJ. S. Wentworth
were dinner guests at the R. L,
Duncan home Thursday.
Mr.. and Mrs. Roy Metz spent
Thanksgiving day at the Vern
Cowger ranch in Luther.
Mrs. Carl Graft of Joliet is Wis
iting for a few days at the c. e,
Hudson home.
Delphus and Quart Williams
spent Thanksgiving at their home
in Boyd.
Mr.. and Mrs. Roy Metz, Mr.. and
Mrs. NJ. S. Wentworth, Mr.. and
Mrs. P. Sehrumpf and Mr.. and
Mrs. Ed Carroll attended the Far
mers Union meeting in Fromberg
Saturday.
Mr.. and Mrs. James Woosley and
family visited friends in Boyd on
Sunday.
Red Lodge daily news combined with Carbon County news., 1931-12-03

Mr.. and Mrs. E. t. Walker and
son Billy Were dinner guests Thurs
day of Mrs. Walkers parents, Mr..
and Mrs. Bennett at Joliet.
j. L. James was transacting
business in Laurel Friday.
Miss Irene Petosa of Columbus
is visiting this week at the home
of her sister, Mrs. Mike Carlson.
Miss Glennis Lee McClurg of
Billings, Harold Jensen of Edgar,
Mr.. and Mrs. Lester Orr of Bill
ings and John Baker were Sunday
evening guests at the A. w. Orr
home.
Mr.. and Mrs. Jake Daum and
son and Mr.. and Mrs. Bill Steffon
and family we're Thanksgiving
guests at the Mike Steffon ranch.
Mr.. and Mrs. Clarence Wight
We're shopping in Laurel Wednes-
day.
Mr.. and Mrs. T. H. Carman of
Roberts were dinner guests Satur-
day evening of Mr.. and Mrs. Roy
Reams.
Mrs. Lille Jensen, Jim, Bud, Ray
and Eva Mae of Edgar and Mr.. and
Mrs. Lester Orr and sons Bill and
Jimmie of Billings had Thanksgiv-
ing dinner at the A. w. Orr ranch.
Mr.. and Mrs. L. G. Webber call
ed at the S. c. Webber home Sun
day.
Mr.. and Mrs. William johnson
and daughters Pauline and Edna
of Billings, Cliff Blaylock of Jol-
let, Wilma Setterlund of Greybull,
Wyo., and Harvey and Geraldine
Reams of Edgar had Thanksgiving
dinner at the Roy Reams home.
Mr.. and Mrs. Stanley of Joliet
were Thanksgiving guests of Flor
ence Butler.
Mr.. and Mrs. Roy Neeley and
sons Donald and Eugene of Bill
ings spent Thursday at the R. H.
Hughes ranch.
H. M. Worth and daughter Helen
motored to Billings Monday MORN
ing where Helen remained to con-
tinue her schooling.
Red Lodge daily news combined with Carbon County news., 1931-12-03

Mr.. and Mrs. w. f. Lamport
spent Wednesday and Thursday in
Billings with relatives.
Elizabeth Gruden of Billings
spent the weekend here as the
guest of her sister Mrs. Mike Ko.
! tar.
Donald and Douglas Bolitho of
Spokane arrived here Friday for
a brief visit with their sister Miss
Helen Bolitho.
Miss Agnes Miller who works in
Billings spent the weekend at her
home here.
Miss Elizabeth Torger spent the
weekend in Billings with friends.
Mr.. and Mrs. Jay Babcock, Bill
and Anna Maude and Virginia O.
Connor of Billings were dinner
guests here on Thanksgiving day.
Miss Verna Williams spent
Thursday at the Loren Newman
home III Red Lodge.
Dave Hunter was quite badly
burned Friday night at the Eagle
Coal Co. mine by the explosion of
powder.
Josephine Kuhar of Billings
spent the weekend at the home
of her parents Mr.. and Mrs. Louis
kuhar.
Christina Laird spent Thursday
in Red Lodge at the Ned Cunning
ham home.
William Dempster has been ON
the sick list.
The Basket Ball boys left last
Friday for laurel and Park Citv.
They Won over the Laurel team
Friday by score of 1914 and
won from Park City Saturday
night by good majority. They
returned to their homes here Sun
day.
Miss Helen Bolitho entertained
at a theatre party at the Roman
theater In Red Lodge Saturday
evening in honor of her brother,
Donald of Spokane. After the
show they We're entertained in
formally at the home of Myrtle
Wadsworth. Those enjoying the
evening We're Leona Moreau,
Christina Laird, Myrtle Wads-
worth, Vernetta Shepard, Norvelle
and Vincent Besinque, Frances
Johnston, Billy Dempster and C.
J. Kusler.
Red Lodge daily news combined with Carbon County news., 1931-12-03
SILESIA

Mr.. E. n. Baker of Billings Wis
tied his mother Mrs. Mary Baker
Friday. His sister, Mrs. Lydia
Moore, accompanied him on his re-
turn to Billings.
Mrs. Adolph Ageli and Miss
Crystal Baker attended the meet
ing of the Lutheran Aid in Joliet
Friday afternoon.
R. w. Dunn motored to Red
Lodge Wednesday to attend to
business.
Ellen and Eleanor James and
Maybell Baker were sleigh riding
and enjoying winter sports in gen
eral, Friday.
Miss Lorena Orr spent Saturday
night and Sunday at the home of
her parents Mr.. and Mrs. A. W.
Orr. She returned to Billings Mon
day to resume her work.
A number of local people enjoy
ed the Thanksgiving dance in
Fromberg Thursday evening. A
very large crowd packed the ball
room.
Mr.. and Mrs. Vince Hemler and
family, Mrs. Frances Yost ana
daughter "Toots' and R. w. Dunn
spent Saturday shopping in Bill
ings.
Miss Jean Convery was a visitor
at the M. V. Hagan ranch Satur-
day afternoon.
Mr.. and Mrs. Pearl CASTOR and
family of Red Lodge called at the
home of Mrs. Gaston's mother,
Mrs. Susan Dix Saturday.
Mr.. and Mrs. Russell Robertson,
Silesia school teacher, spent Sat
urday in Billings on business.
Mae Schultz of Billings spent a
few days last week as the house
guest of Mr.. and Mrs. j. B. Con-
very.
John and Taylor Craig had
Thanksgiving dinner at the home
of Mrs. Ada Jackson and family.
MIR. and Mrs. Charles Chilcott
entertained R. H. Chilcott and Mr..
and Mrs. John Chilcott and daugh-
ter Eunice at Thanksgiving din
ner.