davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1931-08-03
REFORMS SEEN
/. FORCED BY
SLUMP
Fundamental ReadiustmentS
In U. S. Economic Fabric
Expected by Hoover Aide

Many important fundamental
readjustments in the American
economic fabric will come out of
the present protracted' industrial
depression, which may lessen to
large degree the probability of
serious fluctuations in business of
the future. in the opinion of Fred
c. Croxton, acting chairman of
the Presidents Emergency Com,
mittee on Unemployment.
DeplOring that these new prin.
cipleS of industrial and CONNER.
ciaI management must come at
such terrific price, in poverty,
hunger and unemployment, Mr..
CroxtOn said today that, never
thelesS, much is being learned by
the many public and private agen-
cies engaged in intensive study of
the subject.
Every possible effort is being
made by industry in the elimina-
ton Of extravagant practices and
activities of production and dis
tribution to reduce overhead costs
and thus place commodities at
the door Of the consumer with the
least possible waste.
Distribution Losses
Distribution losses seem to fur
nish one of the most important
fields for progress.
One indication was for the
elimination so far as possible of
the seasonal characteristics of
employment, and a better spread
Of steady work over the entire
year.
President Hoover for many
years has advocated q greater
spread of construction work over
the entire IL months. pointing
out that progress in the science
of building has progressed to a
sufficient degree to make such q
development possible.
In all probability there will be
an elimination of some highly
paid business executives now
found in profusion in many
industries.
Bonuses May End
The bonus system of reWarding
executives and others likewise
may be dropped. Big corpora
tions will strive at the accumu-
lation of large surplus accounts
which will carry them over
periods of depression without
such a great curtailment of en-
ployment.
There are indications in the
present state of the depression
that the sO-called white collar"
workers are beginning to feel to
4 greater degree the pinch of
depression. This development is
giving considerable concern.
The Washington times., 1931-08-03
EXPORT RECORD
. FOR TOBACCO

Total volume of leaf tobacco ex-
ported during the first half of
1881 was 270,691 900 pounds as
compared with 100000, 900 pounds
in the corresponding period
year ago and 226,096.00 pounds
in the six-month period of 1929,
the Commerce Department re-
ports.
Exports for the 1881 period were
the highest since 1924.
Although volume showed a sub
stantial increase despite adverse
world conditions prices dropped,
the total value for the first half
Of 1881 being $51 ,809, 900 for ex-
ports against SIS. 5.135,000 in the
1880 period and $52,786, 900 in the
1929 period.
The Washington times., 1931-08-03

mot only is one certificate
in every three issued in a wO.
mans name today, as com:
pared to one out of six in
1916" said E. M. Richardson,
secretary and treasurer Of the
company, "but women are play.
ing q greater part in the mans
choice of investments.
ut is interesting to note that
over $4,000 of the more than
$4,000 women certificate hold
ers analyzed are housewives.
While some of these have in
dependent incomes, the great
majority are laying aside a lit
tie each month by thrifty man.
agement Of their household al
lOwances."
The Washington times., 1931-08-03
II Countries Report Price
Drop Up to IS Per Cent

Italy, but higher in Canada,
Chile, Germany and Czechoslo-
vakia. The more drastic changes,
the survey said. began in 1919
and it is explained:
Price declines have been
world wide and have attracted
considerable attention by rea-
son Of the uncertainties en-
gendered by such changes,
their effect on lOng-term ObIiga-
tiOns and investments, and the
disturbance of purchasing power.
In IA foreign countries, price
drops since 1929 have ranged
from 1S to 33 per cent. Only
a few individual products
escaped this sharp downward
movement. In many countries
prices are now lower than they
were before the war"
The Washington times., 1931-08-03
PennsyLUGniG.OhiO
Crude Tilted A01in

PITTSBURGH, Aug. 3 Q.N.SD .
Another note of optimism for the
Pennsylvania Ohio oil industry
was sounded today when the
second price boost on crude in
as many weeks was announced
here by the Joseph Seep Pur-
chasing Agency.
National Transit was boosted
IS cents per barrel to $1.70;
Southwest. IS cents to $l.55;
Eureka. IS cents to $1.45, and
Buckeye, is cents to $1.30.
The Tidewater Oil Company
posted IS cents per barrel in.
creases in the Allegany and
Bradford field. bringing the price
to a1.95 per barrel.
The Washington times., 1931-08-03
DR.. LGgerQuist Made
BrOOknlire Chairman

Walter E. Lagerquist. for the
past five years investment ad-
visor of the Irving Trust Com
pany, has been elected chairman
Of the board of Brookmire In
vestors, Inc, it is announced.
DR.. Lagerquist spent IA years
in educational work as professor
of economics at Beloit College.
professor of finance at Cornell
University and director of the
Graduate School at Northwestern
University.
The Washington times., 1931-08-03
NITRATE CARTEL NEAR

The president of the Societe
Beige Azote, Brussels, has told
stockholders that negotiations
between Belgium, Norway, Ger
many and England toward a
regional nitrate cartel are far
advanced. A decision will be
arrived at next week after which
efforts will be made to embrace
other European producers.
The Washington times., 1931-08-03
Central Reports Big
Stakeholder Gains

Stockholders of Central Public
Service Corporation, Chicago, in
creased at the rate of nearly
1000 per month during the first
six months of 1881, according to
figurs released by the corporation
today. Holders of the corpora
tion's securities on July l to-
tailed 70,706, an increase of 5,939
over the 64,767 stockholders on
on January /.
Practically all of the increase
was in the customer holders Of
81 preferred shares. Holders of
this stock totaled 1913 on July
l as compared with 1925 at the
first Of the year,
The Washington times., 1931-08-03
Fisher Wholesale
Index Drops AQ1in

Prof. Irving Fishers index Of
wholesale commodity prices de-
clined 0.2 during the week ended
July 81 to a new postwar low
at 69.3. This compares with
previous low last week Of 69.5
and with 829 a year ago.
Purchasing power of the dollar
rose to a new high at 144.4, COM
pared with previous high last
week Of 144.0 and with 1905 last
wear.
The Washington times., 1931-08-03
AMERICAN LIGHT NET

American Light & Traction Co.
and subsidiaries report for IL
months ended June 80, 1881, net
income of $9,341.821 after de-
probation, subsidiary preferred
dividends, minority interests, Fed
eral taxes, ETC., equivalent after
dividend requirements on the 6
per cent preferred stock. to 3.08
a share (par $3.50 on 2.767 1872
shares Of common stock. compar-
ing with $11,533,394. or 1888 a
share on 2,767 ,209 common shares
in IL months ended June 80,
1880.
The Washington times., 1931-08-03
ILLINOIS NEW CAR SALES

New car sales in July in Illi-
nois totaled 1884 cars against
l1,241 in the preceding month
and 1884 cars in July, 1890,
according to compilation by
Illinois Chamber of Commerce
Sales for the first seven months
of 1881 aggregated 8S,179 cars
against 125,S47 cars for the like
period last year.
The Washington times., 1931-08-03
d. S. Gold Output Up
S1.596.2OO in 1920

Output of gold in the United
States during 1880 was reported
at 2,285,603 ounces, valued at
47 ,274. 500, an increase from 1929
OF 81 ,596 200 in value, according to
figures by the United States Mints
and Assays offices in cooperation
with the Bureau of Mines.
Silver output in 1890 totaled
5O,748.127 ounces, valued at $l9,-
53S,O29, decrease of 10,579,74l
ounces compared with 1929.
The Washington times., 1931-08-03
PITTSBURGH STEEL co.

Net loss of Pittsburgh Steel
Company for year ended June 30,
1881, was $1,765, ,638 after inter-
est, depreciation, taxes, ETC.. COM
pairing with net profit of $685.
l49 in preceding year, equal after
dividend requirements on per
cent preferred stock. to 1914 a
share on 253,500 shares of COM
mon stock.
The Washington times., 1931-08-03
MELVILLE SHOE REPORT

Melville Shoe Corporation re-
ports for six months ended June
80, 1881, net profit of $593, ,562
after depreciation, interest and
taxes, equivalent after dividend
requirements on The s per cent
first and second preferred stocks,
to $1.37 a share on 371,4 ,461 no
par shares Of common stock. This
compares with $955.70S or $2.33
a share on 37l, ,461 shares in first
half Of 1880.
The Washington times., 1931-08-03
UNITED VERDE OUTPUT

United Verde Extension Mining
Company produced 9.728,822
pounds of copper in the three
ended June 80 last. Cash
on hand July l amounted to
81 .423. .308, and investments, which
cost $5,094,726, had market
value of $2,o84. 1R2.
The Washington times., 1931-08-03
NeIU British Cult
Urges Simple Life

LONDON, Aug. 8 U.SD-A
new religious movement, known
as the Confraternity of st. George,
whose members are pledged to the
utmost simplicity in diet and
dress. has been launched in Lon
don society by Mrs. Levett, widow
Of a wealthy Staffordshire land
owner. Mrs. Levett hopes to make
the order international in scope.
The Washington times., 1931-08-03
CR0SLEY RADIO CORP.

The Crosley Radio Corp. has
been manufacturing 1000 chasses
daily for use in an eight-tube
super-heterodyne radio set re-
Gently introduced. Powell Crosley,
jr., president. stated this schedule
would be stepped up to 1900
chassis a day this week.
The Washington times., 1931-08-03
NATIONAL STEEL PROFIT.

National Steel Corporation prob
ably will earn more than it's
dividend requirements for the
first half of 1881. Complete re-
suits are not available as yet,
but first quarter net profit was
$1,926,000 after charges, deprecia.
ton, federal taxes, ETC.. equiva-
lent to SO cents for the capital
shares.
The Washington times., 1931-08-03
Here Are Good
News Lines

Tobacco exports set seven
year record.
U. S. gold output up ST..
$4,000 in 1880.
Pennsylvania Ohio oil prices
tilted again.
Public service firm gains
many stockholders.
KelvinatOr COrpOEa tiOn
jays off gold notes.
The Washington times., 1931-08-03
1ciaZ Ne1vs Stocks Bonds Commodities and Comment
New York Bond Market

Fractions reprsssRt Sands
1911 means IN' 1853
The Washington times., 1931-08-03
WORK WAY OUT,
IS ADVICE BY
HANEY
Panaceas 0verWorked, Says
Economist, and Depression
Cure Is Up to individuals
By LEWIS HANEY

BY LEWIS HANEY 49,
director New York University, Bureau OF
Business Research
We still find among business
men too much Of the idea that
some artificial stimulus" is re-
uuired to start q business re-
The Waterbury Democrat., 1931-06-08
DR A, I. GILYARD
 NOT YET CONVINCED
Does Not Believe That His Brothers Death Was
 Due to Suicide
REWARD FOR SLAYER

Dr. Arthur T. Gilyard of this city we'll known veterinarian, stated to- day that notwithstanding the formal finding concerning the death of his brother, the late Raymond E. Gill yard, first selectman of Seymour, he was not convinced that it was a case of suicide. To vindicate the family name and to bring responsible par ties to justice, pr. Gilyard repeated this afternoon his willingness to post $1, 900 as a reward for any evidence which would lead to the conviction of the slayer.
 Concerning a recent newspaper dispatch that he had received m anonymous letter from Meriden stat ing that New Haven man was re- sponsible, Dr. Gilyard remarked that he was not inclined to pay much at. tention to the note. He admitted re- ceiving the letter. It was postmarked Meriden and had been mailed at D m. Tuesday evening. May 11th. the day on which the we'll known select man was found dead. The letter was turned over to Mrs. Gilyard. wife o1 the selectman, and. later was placed in the possession of Coroner James J Corrigan of New Haven.
 In a lengthy finding, which ap. peareu Tn SatufuayS issue or the Democrat, Coroner Corrigan declared that the death of Selectman Gilyard was case of suicide, undoubtedly induced by financial troubles. Dr Gilward and Blayton S. Boies, presi. dent of the; Seymour Trust company deny the statements and claim that the selectman's credit was good and that he would have had no difficulty in borrowing had he wished to pa. off all his creditors.
The Waterbury Democrat., 1931-06-08
The Exams at
 Crosby High
Schedule Announcement for Session to Be
 Held Tomorrow

The examination schedule at Crosby High school for tomorrow follows:
 SPANISH = 1, 2. 3-Rooms 210, PIP, 213A, 213B. 214 -- Miss K. Hayes. Miss Shanahan. MT Kinney, Miss Knight, Miss Menotti, MT Mc- Carthy, Miss Norcross. SPANISH II = l, 2, 3 - Rooms 203, 204, 206, 207 - Miss Keene, MT Walch, Miss Patten. Miss Phipps, J. F. Roland, F. Woodlock.
 SCIENCE II-4, 5. 6 Rooms 103, 104, 105, 106. 107 - Miss Ed mands, Miss Farnham, Miss Finkle- stein, Miss Raymond, Miss White. c. Woodward, Miss Aleieri, W. Bo- land.
 SCIENCE III = 4, 5, 6 - Rooms 21S, PIG, PIT. 10SA, 10SB, 109A, 1O9R - Mir English, ,sMr Kenney. MI iLnehan. MT Mcdonald, Miss Moher, Miss O'Brien. Miss Salmon, Miss Fa- gan. MT Feeney, Miss Arthur, MT Murphy.
 F. M-2 to 4:15 HISTORY - Rooms O, 103, 104, 1O5, 1O6, 107, 2O3, 204, 206, POT, POS, 209, 218, PIT, 216 = Miss Kane. Miss Kilbride, Miss Sullivan. Miss Larkin, Miss Danielson, Miss Connor, Miss Began, Miss Barry, Miss White hill. Miss Cowles, Miss Crawford, Miss Croft, Miss Currier, MT Delaney, MT Doran, Miss Fitzgerald, Miss Given, Miss Goudy, Miss Cassin, MT Chamberlain, Miss Guilfoile, MT Will der
The Waterbury Democrat., 1931-06-08
GOVERNOR OF
 MAINE SPANKS WIG. T..U. SPEAKER
Mrs Armour of Georgia Scored Newspapers and Governor Told Her to Learn to Present Their Own News

Toronto, June s.-OP)-No man who doesn't "have the gumption to staod against the liquor traffic" can ev0r be elected president of the United States Mrs Mary Harris Armour of Macon, Ga, told the World Conference of the Women's Christian Temperance Union last night.
 She criticized government control of liquor, calling it just as bad as if the government licensed thieves, and added, children living to-day will see the time when men and women will speak with bated breath And horror of the time when the Government upheld the sale of liquor."
 She reiterated her charge that Newspapers have been bought up with paid propaganda" to work against prohibition, and said "liquor dealers and men and women who had money invested in brewery and distillery stocks are willing to sink the souls of every man, woman and child in the United States and the rest of the world in iniquity for the dollars they can get out of it."
 Ralph O. Brewster, former gover- nor of Maine, said prohibitionists must retain their sense of humor if they expect their movement to sue ceed. He defended newspapers against charges they were preponder- antly wet.
 "I still believe" he said, "that the newspapers prefer primarily to print news. We must learn to speak their language before we can expect to be heard. It would behoove prohibi- ton workers to withhold their criti- cisms of the press until after they've learned to present their own news.
 Paris, June S.-(UP)-A temper ance program based on light wines and beer as a substitute for prohibi- ton was offered at the opening ses- sion to-day of the 18th congress of the International League of Oppo- nents of Prohibition. Seventeen na- lions were represented.
 The United States was the only im- portant power not invited. This was explained by Jean Couprie, general secretary of the wine exportatior committee of Frcnce. organizer of the congress, as voluntary decision aimed to preclude the possibility oi Interference with the national pro- hibition policy of the United states.
The Waterbury Democrat., 1931-06-08
BY ELMER c. WAIlZER IInitefi Press Einalicihl EditOtl

NEW I OEk, unS Q LA " parent settlement of delicate Chi cago banking situation induced short covering on the Stock Exchange to- day and prices moved up fractions to more than 5 points.
 Industrial shares improved after early declines and rails made up losses which had ranged to five points. The real group features. however, were oils and coppers. The oils rose under the lead of Houston which gained 1-2 points to S5 and the coppers under Aanaconda which was carried up nearly ? points to 22 3-4. Utilities firmed up with com munications in fair demand.
 Trading was quiet throughout the greater part of the session.
 During the morning considerable selling was traced to Chicago where traders were apprehensive over the banking situation. A huge merger over the weekend cleaned up one situation and today six neighbor- hood institutions closed their doors. The larger banks were reported in no danger and this helped inspire covering operations on the New York Stock Exchange.
 Near the end of the fourth hour Steel common was at 90 up 5-S; I burn Auto 169 up 8; Westinghouse Motors 34 5-8 up 1 Case 73 1-4 up 5-S; Allied Chemical 116 up 3-8 and General Electric 39 7-8 up IA. The rise in oil shares sent prices up in all divisions. This group, it was said, had been oversold in re- cent markets. Conditions in the industry were reported improving and some sources predicted price advances in crude oil and gasoline in the near future.
 Following Houston into higher ground were Standard of California which reached 36 7-S up 3 Is; Mexican Seaboard 14 1-8 up l 6-S and Standard of New Jersey 34 1-2 up 1 3-4. Fractional advances were scored elsewhere in the group.
 The copper share advance was based on expectation of firmer price trend for the metal. Rails moved up from early lows with the general market and so did utilities. EARLY TRADING.
 New York, June S.-(UP)-Stocks slipped lower at the opening on the stock exchange to-day in orderly trading. Changes were mostly frac- Itional and volume was lighter than Hast weeks pace. American Telephone opened at 165 Y off 1 F, while Auburn Auto lost 2h to l5SM and Stsndard Gas 1N to |57&, and North American a point to |81X Small losses were recorded in National Biscuit, Westinghouse Elec- Itric, A. M. Byers, Bethlehem Steel Consolidated Gas. National Power and Light, Paramount and Case, Steel common opened 1000 shares lat STA off 1M. Rails were depressed with New York Central at 76ss off 1a and Atchison 144h off A. Oils were steady to firm. featured by Standard of California which rose a point to 35A. Coppers were about steady. Utilities met selling.
 Trading turned dull after the initial orders were out of the way. Steel came back fractionally from the low other leaders held aSbund the opening IleveaA Auburn slipped down points from its opening.
 Uncertainty over the effects of the German financial situation was be- iieved the principal cause of the re, ticence of traders. It was also held that the market was in a position
The Waterbury Democrat., 1931-06-08
W aterbury Produce
 Market
Furnished by Connecticut Depart ment of Agriculture, B. F.
 Storrs, Local Agent) VI

storrs, Local Agent) Supplies of most native products offered this morning on the farmers market were only moderately liberal while demand was fairly active re- sulting in prices for most items on | the list holding unchanged and of ferings clearing in good season.
 Strawberries did not follow tht general trend in that they were too libertl for the usual quiet Monday market and sold lower. Quality of the bulk on sale was only average and most sales were, around $500 per carte. A few better than aver age sold as hikh as $7.00. Weather conditions were not favorable either for good quality or active buying. Native iceberg lettuce was mak- ing up nearly the total supply, other The iceberg was most of it's heavier and better than previous offerings resulting in higher average prices, mostly Soc per dozen. Beets sold mostly at soc per dozen punches. 1 Spinach sold out well mostly 40c per bushel.. Asparagus was light in supply and sold unchanged. Unless otherwise stated qtiotn- ltiOns arc based on sales of good
 merchantable products tO retailers or similar buyers, dclivercd.) FRUITS.
 | Apples, western Delicious 3:5O-
 3.75 box, Wineeaps 2.75-3.25 box:
 cantaloupes 2.OO-3.25 crate; oranges 3.5O.5.0O box; strawberries, native
 0.OO-7.5Q crate, shipped in, 5.OO-6.bO crate.
 Asparagus 1.25-1.s5 doz. lb. bchs.;
 bcets .5O-.0O dog. bchs., beet greens
 .5O..6O bu.; broccoli, loose 1.OO-1.25
 bu.; cabbage 3.OO-3.25 crate; carrots.
 old .75-f.OO bu., new 3.OO.3.5O crate; | celery, hearts 1.25.1.5O doz.; cscarOle I .4O.6O bu.; lettuce, native iceberg ern iceberg 4.OO-4.5O crate; OnlOns f.8O.1.75 bu.; potatoes, old 1.6O.
 f.75 cwt., new 3.25.3.5O bbl.; radlshes .4O..75 bu.; rape .35-.80 bu.; scal- lions .16..aO dog. bclls.; spinach .30-
 40 bu.
 POULTRY PRODUCTS. Conn. eggs per dOz.; Ncwlaid
 Fancy 80; Special .28..3O; Extra
 .27. ..2S; Gathered .23..25; Ncwlaid
 Medium .25: mediums .2O-.g3; vest tern firsts .2O-.22; live, fowl .20-.25 lb., brOilcrs, Rocks .26-.93 h., Reds 1 20 . 80 lb., Lcghorns .22 .25 lb.
 dressed, fowl .28..a2 h., broiIcrs .38- | AZ ID.
 LIVESTOCK and MEAT. l Butcher stock, cows .O2-.O4 h.. calves .OS-.11 h.: meats, beef. beef 1 .1O-.14lb., veal .f2-.1S h.. lamb .1S-
 "A lb.. pork, loins .14-.f8 lb., pork.
 local dressed .12-.f5 ID.
The Waterbury Democrat., 1931-06-08
Moxie Acquires
 PureOxia, the Fine Ginger Ale
Twenty five-Year Search Is Successful Now Made
 at Boston Plant

If you had been travelling in New England or Florida in the year 1895, experienced fellow-travelers would have advised you to stop at, one of the several hotels owned by Harry A. Eagerly There in an atmosphere of gracious hospitality, you would have found your comfort and needs eagef- fly anticipated.
 And it was there that MT Eagerly first became interested in the bever- ago business. Always alert to pro- vide the best of everything for his guests, he imported the finest ginger ales obtainable in those early days
 Mr Edgerly personally tested and tasted the known beverages of the time, and undoubtedly was one of America's first expert connoisseurs of ginger ale. As a business man Mir Eagerly foresaw the great and growing popu- larity of this beverage. He had sprung from a family of bankers and professional men descended from earlier New England pioneers. He saw an opportunity before him, had faith in himself and made his decision promptly. In 1899, The dis posed of his successful hotel business and set out to blaze new trials in the manufacture of first quality gin- ger ale,
 | MT Eagerly had the courage to lspend enough to realize his ideals. He gathered around him able executives and the most loyal co-workers in the beverage business. | He built beverage plant that. through the years. has been a model for the whole industry to pattern after. MT Edgerly knew that the proper facilities would enable him to make a beverage of the very high est quality-and one which could be sold at a reasonable price.
 In Pureoxia. he was sure he had lachieved such a beverage. And New
 England agreed with him: Many iother ginger ales have been intro- duced since Pureoxia pioneered the
 way, az years ago-but none has ever even threatened its leadership in its home territory.
 l 1t was typical of MT Eagerly that.
 when his health failed about a year ngo. he worried not about himself
 hut about the future of his product
 So he called upon another leader in the beverage business a man
 whom he had never before met. put for whom he had q great Admiration Frank M, Archer, the Moxie Man
 Inviting Mir Archer to examine hii business books. Mir Edgeriy said. Mi lArcher, many bankers and beverage
 ccmpnnies have sought to aequire IPureoxla. But I want you to have Iit Yours is tho only eomphns lwlth the Ideals. the plant, the equip
 ment and the high standards of ex'
 cellsnce 10 carry ' on as l want ts
 sec it carried on."
 The story of Prank M. Archer. ths IMoxie Man, is too weli-known ts lneed repeating here. Hut what M IE:daerly did not know was that fol lover quarter of century ml Archer had been searehins for
 quality ginger aie to offer as com