davidaulloa/AmericanStories huggingface dataset:
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-08-10

THESE ADS have a reader group
OF more than 81. 200 pairs Of eyes
daily-among them today Tom
Whitmire. zoos St. Charles who Is
entitled 10 a guest ticket 10 the
Capitol.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-08-10
Rentals
APARTMENTS

APARTMENTS, upstairs. Conven-
fences. Private bath. garage. 1917
Madison. Obj
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-08-10


WANTED7Job as caretakers by
middle-aged couple. Honest. indus
trious. Work same. owner home or
away. Woman good economical cook.
References. o. L. Bancroft, CO Y.
M. @. a., L0ngview, Wash. Ri
THE CLOsING hour for classified
ads is 4 D. m. and Harry Richard
son Is and Roosevelt will receive
q guest ticket 10 the Capitol by
calling al Herald office.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-08-10
Employment
HELP WANTED

male booa-
keeper. Furnish complete informa-
ton and references. Write R67.
Herald. R67
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-08-10
HOUSES FOR RENT
AUCTION

FOR RENT-Attractive completely
furnished house with Frigidaire
and radio. Also n unfinished
house. Call 763. Rl2
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-08-10

FOR RENT-Six-room house APP
propriate for apartments. Gas. hot
and cold water. sos st. Francis.
Apply 743 st. Charles. Q203
The Washington times., 1931-06-17
c j R B LEVELS
UNCHANGED

NEW YORK, June II 1.N.S0
The curb market went through
the process of completing a full
five hour session today with a
minimum of effort, and while a
number of stocks actually were
able to record price changes of
some significance. the general
run of pivotal trading leaders
merely went through the motions
of backing and filling before
reverting to approximately un-
changed levels.
The speciality group disclosed
a rather erratic series of price
changes, but in view of the fact
that these fluctuations were
accomplished on but few tran
sactions no great significance was
attached to either the advances
or declines.
Strength was evidenced in
Mead Johnson which scored a
2 point gain at SO, and Philip
Morris A which reached a new
1881 top at Is, up 11a points.
Continental Roll and Steel
Foundry broke 7 points to 13,
Parker Rustproof off 11s at 911a,
Newmont Mining off p to a new
low at 2312, Deere off u at
231a, and A. o. Smith off "a at
12lA,
The Washington times., 1931-06-17
LOWEST.
SINCE 1914

Exports from the United States
in May, amounting to $205, ,000,-
600, we're the lowest in any
month since October, 1914, the
Commerce Department announced
today.
Imports of $182,O00,0 during
the month were the lowest since
last February. Exports for the
month showed decline of $115,-
100000. from the same month last
year while imports dropped off
$102, 100000 from May, 1880, and
about $3,2OO,OO0 from April.
Five Months Trade 49,
For the five months ending in
May, exports were $1,129, ,767, ,O0O'
a decrease of $651 ,294,OO0, while
imports totaled $936,O28, 900, a
drop of $549,614,000.
The decline in exports for May,
as compared with April, was
partly due to the falling off in
exports of cotton, the value Of
which totaled $18,0O0,000, a re-
duction of $5,OO0,0OO.
For the entire period surveyed
the country had a favorable bal
ance of trade of $193,739,O00 as
compared with $295,374,000 for
the same period last year.
Slumps Two Ways
During the five months there
was a steady falling off both
in prices Of imports and in
quantity.
The excess of imports of gold
over exports amounted to $49,-
100000 in May, and $175,305, 900
for the five months. The net
export of silver during the five
months amounted to $1,212,000.
The Washington times., 1931-06-17
FUTURE COTTONM AY BUILDING
PRICES OFF PERMITS DIP

Building permits for May show
the customary seasonal reduction
from the preceding spring months.
The value of permits issued for
the month just closed is also con-
siderably less than it was in the
same month a year ago, just as
it has been for the four months
this year prior to May.
Returns from all the leading
cities in the United States for last
month, reported to R. G. Dun &
Co., give total value for new per
mits issued of $89,087, ,118. This
compares with $115,978,900 for
April, and $119.421.525 for May,
1880. The reduction from April
is 23.2 per cent and from May,
1880, it is 25.4 per cent.
For May of last year the reduc-
ton from the preceding month
was 1912 per cent. The return for
May is less favorable than that
made for May, 1890. 1t must be
considered however. that the
April, 1881, figures included for
the Borough of Manhattan in the
City of New York some large build
ing projects that had not been
finally approved.
The Washington times., 1931-06-17

NEW YORK, June II 1.N.SD.
The New York cotton market was
somewhat easier during the fore
noon trading today, due mostly to
a lack of sufficient trade support
and on a favorable Government
crop report issued this morning.
Liverpool and the Continent
sold, while cooperative brokers
and shorts bought. Moderate sell
ing came from the South and New
Orleans.
At midday, July sold at 8.7l, off
10: October at 9.10, off 9; Decem-
Der at 934, off 8; January at ga,
off 10, and March at 9.65, off 9.
In most of the cotton belt, the
week was somewhat warmer than
normal and local showers were
fairly general, especially in the
western half. Warmer weather
was beneficial and showers were
helpful in many localities that
we're needing rain.
Practically every user Of raw
cotton is engaged in making up
his mind when the opportunity
will be ripe to begin accumulating
extensive supplies. Buyers on
even moderate scale-doWn, how
ever. are scarce.
The Washington times., 1931-06-17
BANKERS READY
To LEAVE FOR
CONVENTION
Advance Guard Reports That
Springs Welcome Awaits
District Financial Army

A strong advance guard having
reported all ready for the big
drive at Hot Springs, Va, the
main army of the District of
Columbia Bankers Association,
several hundred strong, entrain
at Union Terminal tonight for
their thirteenth annual conyen-
ton, and will arrive at the pop
ular Virginia spa early tomorrow
morning.
McLachlen to Speak
The first days program, open
ing two hours later, includes an
opening. address by President
Lanier P McLachlen, several COM
mittee reports and the appoint
ment of special committees.
After the regular session, the
several sections will hold meetings
and elect officers and the follow
ing divisions of the American
Bankers Association will meet
under their vice presidents: Ma
tional Bank, j. Frank White;
Savings Bank, J Ezra Troth;
State Bank. j. T. Exnicios; Trust
Company, Charles H. Doing.
Speaker Substituted
Word has been received by
General Convention Chairman
Frederick P. H. Siddons that
Rome c. Stephenson, president
of the American Bankers Associa-
ton, due to unforeseen circum-
stances, will be unable to address
the Washington bankers during
their meeting this week at Hot
Springs.
Mr.. Stephenson's place on the
program tomorrow will be taken
by w. Espey Albig. deputy man
ager. of the savings bank division
of the American Bankers Asso-
citation.
The Washington times., 1931-06-17
IRON AND STEEL
STILL SHOW
DECLINE
Output Is Reported Reduced
In All Leading Centers and
Continued Drop Expected

NEW YORK, June IT, GN.SO. -.
The recession of activity in the
iron and steel industry is un-
checked, with ingot production
down to 38 per cent Of capacity
as compared with 10 per cent a
week ago, according to the Iron
Age market summary to be re-
leased tomorrow.
The leading steel centerS, Pitts
burgh, Chicago, Cleveland and the
Wheeling district, all reported re-
ductions of output. ....
Drop to Continue
Barring unforeseen develop
mentS, further declines in opera
tions now seen unavoidable, with
the possibility that the low levels
Of last December will be reached
before the end of July.
Declines in automobile steel
specifications continue to have
the strongest influence on mill
operations. June automobile out
put is now expected to total
about 100000 cars, and July pro-
duction will be considerably lower,
with the extent of curtailment
depending on whether contem-
plated shutdowns of certain mo-
tor car builders occur in that
month or in August.
Season Subsidence of iron and
steel demand is still noticeable
in other lines.
Rails and Tin Plate
Rail output at Chicago has de-
clined to 80 per cent of capacity,
but has picked up slightly at
Pittsburgh following the release
of some of the 152-pound sections
recently ordered by the Pennsyl-
vania.
Tin plate output has eased
off slightly to a IS per cent rate.
Wire mill operations now range
from 30 to IS per cent. Produc-
ton of line pipe, structural steel
and reinforcing bars Is being
fairly we'll maintained at recent
levels.
The Washington times., 1931-06-17
IN DOUBT
# TILT HELPS
RAILWAYS
Everybody Involved, He Says,
And Losses in Traffic May
More Than Offset Benefit
By LEWIS HANEY

Director New York University,
Bureau of Business Research
and Former Economist Of
Federal Trade Commission
The plea made by the railways
for a is per cent increase in
freight rates emphasizes the ex-
tremely difficult position in
which they find themselves.
They have made all the econo-
mics they can think of, short of
cutting wages. But traffic is so
small that they cannot earn
dividends.
AS there is little hope of an
increased volume of freight until
general business picks up, and
the carriers hesitate to reduce
wages, they hope to improve
earnings by raising rates.
Everyone Involved
The situation is one in which
we are all involved. The plight
of many institutions, such as
insurance companies, which have
large investments in railway Sc
curitieS, is well known.
Thousands of individual invest
ors are affected. The wages of
railway employees are at stake.
Every family in the country is
concerned, either as a shipper or
as a consumer of things which
move by rail.
If increased rates are to be
borne by shippers, business ex-
penses will be increased. If they
are to be borne by consumers,
the burden on consumer purchas-
ing power is something to con-
slider.
General Rise Unlikely
So if rates are raised at all,
you may be sure that the in.
crease will not be general. And
it is doubtful if the carriers can
gain any great advantage by
what they can get-not enough
to turn their losses into profits.
In any case, considerable disturb
ance to business would result.
AS to the stock market, any
move like this is made a buliiSh
argument. Already the rails have
been marked up little. But if
you have done any trading on
this basis, watch your step. It
is very doubtful how much if any
benefit this move will bring to
the carriers.
But at least it will serve to
bring the railway problem force
fully before the public.
The Washington times., 1931-06-17
COTTON GOODS

NEW YORK, June II G.N.S0.
Except for some improvement in
inquiry for print cloths and goods
of print cloth yarns, accom-
panied by a few isolated sales of
moderate to fair yardage, gray
goods markets we're slow today
and unchanged. Talk Of curtail.
ment was widespread and inten-
tions of individual establishments
to reduce their output during the
summer months we're being dwelt
upon in the effort to fortify the
sellers position. Mills remarked
some additional inquiry and busi-
ness and narrow drills, although
sheetings continued dull and
other classifications were gen.
orally quiet.
The Washington times., 1931-06-17
General Foods Net
Earnings Hold Well

Earnings of General Foods Cor
poration during the first five
months of the current year ap-
proximated those of the cores
ponding period a year ago. This
result is considered noteworthy
in view of the substantially lower
prices being realized on the COM
pany's lines as compared with a
year ago.
For the three months ended
March 81, 1881, net totaled
$5,572,399, equal to $1.05 a share
on 5,257, ,407 shares, as compared
with $5,99O,764, or $1.13 a share,
on 5.282,851 shares in the initial
quarter of 1890
The Washington times., 1931-06-17
CR|CE To HEAD
ACCOUN NTANTS

The District of Columbia Insti-
tute of Certified Public Account
ants announces election of James
B, Grice, president; Oscar j.
Bernstein. vice president; Wayne
|Kendrick, secretary-treasurer. The
board of governors is Harold C.
Anderson, Oscar j. Bernstein,
Dwight N. Burnhan, James B,
Grice, Wayne Kendrick, Arthur j.
Linn and Harold S. Roberts.
The institute contributed $100
to the Greater National Capital
Committee Fund. At the con-
'clusion of the business session,
the members motored to Wayne
Hendricks farm in Virginia for
an evening of feast and fun.
The Washington times., 1931-06-17
NearbyLands to Be Added
To National Forests

Among the acquisitions author
lied in the vicinity of Washing
ton are 365 acres in Mononga-
hela on the West Virginia-Vir-
ginia line, for $1,487 $40 acres
at Natural Bridge, Va, for ST.
701; IS acres in Shenandoah, w.
Va, at 1927, and 1T acres near
Unaka on the Virginia-T Tennessee
line, at $45S.
Members of the National For
est Reservation Commission are
Secretary of War Hurley, Secre-
tary of the Interior Wilbur, Sec
retary of Agriculture Hyde; Sen
ators Keyes of New Hampshire
and Harris of Georgia, and Rep
resentative Hawley of Oregon;
John E. Burch is secretary,
National Forest area in East
ern, Southern and Lake States will
be increased by the purchase OF
1858 acres of forest land just
approved by the National Forest
Reservation Commission, the
Forest Service announced today.
The commission approved ex-
penditure of $52,624.S2 for pur-
chase of the land.
The commission took action in
order to advance the date of pay
ment by some six months, as most
of the purchases are to be made
in areas affected by last years
drought or handicapped by un-
favorable financial conditions and
unemployment.
Individual purchases approved
will number 1866, involving mainly
small-sized tracts. Prompt pay
ment Of cash for these holdings
The Washington times., 1931-06-17
Labor Should Share
Production Profits

MADISON, Wis, June II
G.N.SD The opinion that labor
should share in the profits of
production" was expressed here
in an address by Solomon Levi.
tan, Wisconsin State treasurer
He said:
"Our country has become
the greatest industrial nation in
the world because of the buy.
ing power of the masses. In
duSSry is being forced to recOg-
niZe that high wages increase
production and at the same
time create a market to con.
sumo its product"
The Washington times., 1931-06-17
German Cities Yield
To Call of Country

BERLIN, June 1.-THE falling
off in migration from the country
Ito the city noted in Germany dur
ling the last few years became so
marked in 1880 that $4,000 more
persons left the principal cities Of
Prussia than came to them from
the rural districts. AS the excess
of births over deaths in these
cities was only 1929 last year.
there was an actual decrease in
their population, according to the
Prussian Statistical Bureau. Ber.
Alin's net loss through migration
In 1880 was $4,000 and it will be
still larger this year.
The Washington times., 1931-06-17
Villagers Protest
Rail Terminus Plan

Strong objections to the pro
posal that the Long Island rail-
road continue to use the Pennsyl-
vania railroad station in New
York, under terms agreed upon
by the two roads, were laid be-
fore the Interstate Commerce
Commission yesterday.
The objectors were the Nassau
County Village Officials. Associa-
ton, claiming to represent the
Interests of some 100000 persons,
and the New York Transit Com.
mission.
The Washington times., 1931-06-17
Visiting NelUs Men
To Attend Luncheon

A group of South Carolina
newspapermen will se the lunch
con guests OF the Greater Ma
tional Capital Committee of the
Washington Board of Trade at
the Willard Hotel at 1890 p. m.
tomorrow. Executive Director w.
H. Mersh, of the committee, an
nounced yesterday. The news
papermen will be in Washington
two davS
The Washington times., 1931-06-17
TRENDS
IN D. c. TRADE
TERRITORY
Payroll Increase Reported
In Maryland, and Virginia
Cotton Mills Report Gain

Good conditions are reported
to the Alexander Hamilton Insti-
tute by / per cent of 1913 cities
in all parts of the United States
as against is per cent month
ago and 3.5 per cent a year ago..
The trend, while still down
ward in the majority of the
cities, shows a slight improve
ment over last month. Washing
ton territory reports follow:
Maryland and Delaware
A slight reduction in manufac-
turing employment occurred In
April as against March. Pay.
rolls, however, increased i per
cent in April. The textile group
suffered a seasonal contraction il
April.
Employment in the mems cloth
ing factories decreased IL per
cent while the women's factories
lowered their forces by "a per
cent. The iron and steel mills
decrea sed their employment
schedules 1.9 per cent, although
the payrolls increased as per cent
in the March to April period.
Retail trade in Baltimore In
April, as measured by department
store sales, decreased lit per
cent from April, 1880. The vol
ume of building permits in April
increased 13O per cent over
March and rs per cent over
April a year ago. . o..
Employment and wages in
April decreased IA per cent and
2.5 per cent, respectively, from
March, in Delaware. The leather
plants suffered the severest cut
with reduction of AZ per cent
in employment. April building
was smaller than in any previous
month in 1881.
Virginia and West Virginia
Although the trend of the
major industries was mixed in
April, there is a prevailing tone
of improvement. Part-time sched-
ules continue in existence.
The fertilizer plants are season
ally active and the shipbuilding
industry is looking for increased
activity.
The cotton mills increased their
schedules against the usual sea-
sonal trend which is downward
in April. Cotton spindle hours
in April increased 11.6 per cent
over March and SO per, cent
over April, 1880. The 1881, fore.
cast of the early potato crop
places the yield at 1885, 900
bushels, a gain of 10.7 per cent
over 1880 despite the ~ per
cent reduction in acreage.
The level of industrial activity
in April was approximately the
same as in March. The glass
factories are on seasonally active
schedules. Wage reductions in
the coal mines are causing serious
strikes.
The condition of the apple
crop in May points to a record
crop. =
The Washington times., 1931-06-17
Jdpan's Railroads
Hit By Bus Rivalry

TOKYO, June II. - Between
April /, the beginning of the cur
rent fiscal year, and May 26 reve-
nue. of Japanese Imperial Govern
ment railways fell about 10 per
cent from corresponding 1880
period.
Officials declare that, while
business slump is partly response
BILE, growth in motor truck traffic
is most important factor.
The Washington times., 1931-06-17
WORK ON MINE LINK

Work on an underground
safety tunnel between the Teck-
Hughes and Kirkland Lake gold
mines is to be started immed-
lately and completed within four
months, according to announce
ment by Ontario minister of
mines. In case of fire or other
emergency miners would be able
to reach safety through neighbor-
ing mine.
The Washington times., 1931-06-17
Southern Firms Bid
On Steel Contracts

Fabricators in Birmingham dis
trict are bidding on contracts on
several bridge projects, calling
for 5,608 tons of structural steel
and 1916 tons of reinforcing con-
crete bars.
Cast iron pipe shops in the
South are operating on schedules
of so to so per cent of capacity.
Several orders have been placed
recently and specifications are in
sight calling for fairly good
tonnage.
The Washington times., 1931-06-17
Continental Baking
Earnings Trend UE

The recent declaration of
regular 50 quarterly preferred
dividend. by the Continental
Baking Corp. was based on the
fact that the dividend has been
earned this year to date. and in
recent weeks by an increasing
mragin. A strong cash position
also was a factor.
The Washington times., 1931-06-17
General Cigar Cuts
Price on White OlUL

General Cigar Company has
announced prices on its White
Owl brand of cigars had been re.
duced from 6 to S cents. William
Best, vice president, said the re.
duction was in hormony with
lower commodity prices and
savings in production cost. He
said there was no change in
n1lo 1itv
The Washington times., 1931-06-17
s. O.-VdculGn1 Deal
Terms UNCHANGED

An official of the Standard Oil
Company of New York, discussing
the Vacuum merger, stated that
there had been absolutely no
change in terms as yet.
Regarding opposition from large
California stockholders, said to be
the Barneson interests, he said
that he had received no notice of
active opposition from the above
group, or any communication
from them.
The Washington times., 1931-06-17
BANK PAYS DIVIDEND

The board of directors of the
American Security and Trust
Company has declared the reg
ular quarterly dividend of 3 per
cent and an extra dividend of
/ per cent payable July 10 to
stockholders Of record June 30.
The Washington times., 1931-06-17
DRILLING IN EAST TEXAS

Shell Petroleum Corporation is
actively drilling on its acreage in
east Texas oil district. The COM
pany owns 10000 acres of leases
in the area. more than 10000
acres being situated in proven
territory. Surveys are being made
for a 200-mile i0-inch piple line
from Kilgore area to the Smell re-
finery on Houston Ship Channel.
The Washington times., 1931-06-17
Fire Fails to Halt
N. Y. Stock Trndinu

NEW YORK, June 16 0N.SO.
A fire caused by defective wir-
ing broke out in the airshaft of
the New York Stock Exchange
Building, but did not interfere
with the regular trading
The Washington times., 1931-06-17

is expected to afford some relief
to individual owners and local
communities.
Lands acquired will be added to
existing national forest purchase
units already protected and ad-
ministered by the Forest Service
for continuous development of
forest resources and safeguarding
of watershed values.
The Washington times., 1931-06-17
NEW OIL FIELD FOUND

VERA CRUZ, Mexico, June II
1.N.SD.-A vast new oil field
has been discovered on the bound
ary of the states of Tabasco and
Vera Cruz. The first we'll brought
in an initial production of 180
cubic meters daily.
The Washington times., 1931-06-17
BRIGGS MANUFACTURING

Briggs Manufacturing Com.
pany, Detroit. is adding to its
working forces and stepping up
production as result of increased
schedules from Chrysler Corpora
ton on Plymouth bodies. Briggs
supplies all Plymouth bodies.
The Washington times., 1931-06-17
TIN PRODUCERS TO MEET

The international committee of
tin producers will meet in Paris
soon to discuss curtailment of
output and plans for formation
of a pool to gradually liquidate
stocks of tin,
The Washington times., 1931-06-17
SOVIET OIL EXPORTS

Commercial Attache j. z. Gil
lespie at Istanbul informs the
Department of Commerce that
during April this year Russia ex-
ported through Black Sea ports
403. .096 long tons (2,856,672 bar
rels) of petroleum products, COM
pared with 389,514 tons (2,726,-
598 barrels) in April last year.
The Washington times., 1931-06-17
'CHANGE SEAT S2O7 900

Arrangements have been made
for a sale of a New York Stock
Exchange membership at $207.-
900. a decline of $1,000 from the
last previous sale. -....,
The Washington times., 1931-06-17
WARNER BROS. PROGRAM

Warner Brothers Picture, Inc,
and First National Picture, Inc,
will produce 10 feature pictures
for the season of 1882. Thirty
five pictures will be produced by
each. In addition, 1853 Vitsphone
short subjects will be produced.
The Washington times., 1931-06-17
H. H. FRANKLIN COMPANY

H. H. Franklin Manufacturing
Company, of Syracuse, N. Y, has
resumed production with 1890
men at work:
The Washington times., 1931-06-17

Transportation worries can be over
come economically through the purchase
of good used car one of the
many GOOD BUYS listed in tOday'R
Classified Section.
The Washington times., 1931-06-17
financial Ne1v Stocks Bonds Commodities and Comment
New York Bond Market
Fractions repJ sSeHt Sends
fgIi menns IOf LIZ

United states High Low Last
Liberty 3l4s 1932-47. 47.I1O2.21I1O2.2 21
Liberty LIST A s 37-47.I103.14l103.121O 1O3. IA
Lib LIST Ass S747 reg. I103. .10l103. 10 1903. 10
Lib 4th 4ias 1888 llO4. .31l104. 3OI1O4.31
The Washington times., 1931-06-17

Director NeW York UntUerslty
Bureau of Business Research
and Former Economist Of
Federal Trade Commission