davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1931-07-24

Southwest for an embargo on fu-
ture importations of oil into the
United States.
A formal opinion from Attor,
ney General Mitchell was made
public declaring that only evi'
dence of unfair methods Of com
metitiOn" would warrant an Execu,
tive order stopping the influx OF
so-caIled "black g0ld' from foreign
countries.
No Violation Seen
Mitchell reported to Mr.. Hoover
he found no evidences of such u1'
fair methods, and that mere i'm
portation failed to constitute a
violation of the tariff act of 1890,
which set up the proviso.
BY thus refusing to bar further
entries of oil from abroad the
President turned cold shoulder
to a number of appeals for such
relief from the Texas and Okla
homa fields. During the past
month, the White House has re-
|ceived several representations from
those sources, pointing out that
oil prices had dropped below
actual costs of production, forcing
thousands of men out Of work as
wells were closed.
Mitchell reported:
"There is nothing in the Facts
disclosed to suggest that the inn
pOrtatiOn of oil under these (the
presently conditions is pursuant
to any conspiracy on the part
of the importers to create a
monopoly"
Could Affect Prices
The Attorney General admitted
readily that imports might be of
such a volume as to have a ma.
terials effect on domestic prices,
But he said there was nothing to
Indicate unfair methods"
The Washington times., 1931-07-24
COTTON DROPS.
MART INACTIVE.

NEW YORK, July "a GN.S0.
Opening declines of 9 to IL points
on the New York Cotton Market
today on weak cables were fur
ther extended during the fore
noon trading, until prices showed
losses of IS cents to 81 a bale.
The market was generally in
active after the first call and
only a moderate amount of sell
ing pressure in sympathy with
the weakness in stocks was suffi-
cient to force the market down.
At midday, october sold at
1920, off 10; December at $9.45,
off Is; January at 1855, off is:
March at 1918, off II. and May
at 1888, off 20.
Scattered liquidation came from
commission houses in July and
October. LiverpoolS and the
Continent sold. Mills and the
trade fixed prices in a sparing
way on a scale down, and shorts
made profit-taking purchases in
the near months. There was
some buying from Wall Street
and New Orleans in distant
months.
The Washington times., 1931-07-24
gu R B MARKET
RIFFS LOWER
By international News Service


NEW YORK, July 24-The
Curb Market once more leaned
to the reactionary side in con-
tinued dull dealings today, with
heavier pressure from profes-
sionals resulting in an irregular
downward drift of values.
Utilities were generally lower,
with the principal losses chalked
up against American Gas and
Electric which was off 2A points
at 65; Associated Gas and Elec-
trio off 1 at 1917, and Electric
Bond and Share off l at 37N.
Cities Service slipped off its
customary notch, easing to 1O14,
for a loss of ".
Standard of Indiana was sub
jected to a heavy selling attack
in the oil group, slumping 2ls
points to 251s. other oils were
quiet and but slightly easier, with
Vacuum Off 70 at 443s.
Goldman Sachs made the rela-
tvely best showing in the invest
ment trust group, firming up
fractionally to 5A on the dis
closures that the net asset value
of the common stock had in
creased at $12.94 per share on
June 80, as compared with $12.4O
a share on December 81, 1880
The Washington times., 1931-07-24
RAINS AID CROPS
IN CANADA

Soaking rains followed by hot
weather which visited the north
ern or park belt area of western
Canada during the past week,
have geratly improved crop con-
ditions, according to the weekly
crop report of the Canadian Ma
tional Railways.
In the southern areas, where
drought was so acute, rains were
local and although many Of the
early sown fields were beyond
recovery the moisture should in
sure better filling Of coarse grain
kernels and relieve the food and
water scarcity.
In Manitoba crops have shown
a gerat improvement, but cutting
will be at least 10 days later
than in average years. Splendid
growing weather over northern
Saskatchewan has had a good
effect on the crops and wheat is
all headed and commencing to
fill.
Coarse grains are coming along
rapidly, and now that there is
sufficient moisture for the re-
mainder of the crop season, warm
weather is needed as grains are
backward. In central Alberta
rains have been heavy, and if
nothing unforeseen happens, the
harvest west and north of Ed
monton will be one Of the best
in histroy.
The Washington times., 1931-07-24
DIT P0NT EARNS
S2.23 NET

e. I. DUPONT de Nemours and
Company'S semi-annual statement,
issued today, reports net income
of $27,610,394 for the half year
Of 1881. Deducting debenture
dividends leaves $24, 4,624,404 or
$2.23 a share earned on the aver
age number of 11,O65,762 shares
common stock outstanding, which
was $O.23 a share in excess of
dividend requirements for the
period.
Earnings include dividends from
eral Motors investment
amounting to $1.35 a share on du
Pont common. In first half Of
last year, earnings were $2.84 a
share on the average number of
1O,546,57O shares outstanding, in.
Guiding dividends from General
Motors investment of $1.70 on
dupont common, $0.29 of which
was an extra dividend.
The earnings on dupont com.
mon for current half year, eXclu.
sive of income from General Mo.
tors investment, were $0.88 a
share as against $1.14 a share for
same period last year.
The company'S earnings for the
second quarter Of this year, ex'
elusive of income from its invest
ment in General Motors Corpora
ton common stock. as given in
the semi-annual statement, show
a substantial increase over earn.
ings from the same sources dur.
ing the first quarter, being &c..
277,964 as against $6,503,O83.
The Washington times., 1931-07-24
JUNE SEABOARD
OUTPUT HIGH

The Seaboard Public Service
Co. has announced at Alexandria
that subsidiaries operating in
seven States along the southeast
coast showed an increase of 2O.6
per cent in output in June and
lis per cent increase for the first
half Of the year.
The output this June was 3d.
448.015 kilowatt hours as against
27,727,361 in June a year ago, a
gain of 5,720,654 kilowatt hours.
For the first six months of
the year. the Seaboard group
showed an output of 191,361. .462
kilowatt hours, compared to Ill.,
666, ,435 for the same period last
year, an increase of lis per cent.
The Washington times., 1931-07-24
Plight of Germany
z Years On Its W0u

The critical financial situation
in Germany has been creeping
upon her for the last seven years,
it was revealed in statistics on
file yesterday at the Department
of Commerce.
These show Germany has had
an unfavorable trade balance of
$1,500, 100000 during the seven
years and during the same period
paid out $2,450, 100000 in repara-
tionS.
To meet this strain she has
borrowed 1885 100000. The eco
nonic depression has curtailed
foreign borrowings and brought
about her present plight.
The Washington times., 1931-07-24
LIFE INSURANCE
S13,000,000
PAID IN D. c.
Maryland Gets $34, 400, 900,
and Virginia $3o,5oo, 900 in
80; Nation, $2,642, ,259, ,001

District of Columbia policy
holders and beneficiaries received
$13,000,000 from life insurance
companies in 1880, an increase
Of $1,87O,000, or 1873 per cent,
over the amount paid in 1929,
according to the thirty-first an
nual Life Payment Number" "
issued today by the National
Underwater.
The District of Colum b a
ranked thirty-sixth in life insur-
ance payments. while it is forty
first in population. The per
capita life insurance payment in
the District was $26.67, leading
all the States.
One $4,000 Payment
The largest individual insurance
death claim paid in the District
Of Columbia was $4,000. The
second largest was $45,000, and
other large individual payments
were $4,000, two of $4,000 and
$27 7,434.
Maryland policy-holders and
beneficiaries received $34, 4,400, 900,
a decrease of $500,000, or is
per cent, from the amount paid
in 1929. Maryland ranked six
teenth in payments. The per
capital life insurance payment
In Maryland was $21.10.
Baltimore led cities with $19,-
10000. compared to $17.410,756
in 1929. Pikesville came next
with $285, 900, followed by HagerS-
town, with $255, 900: Cumberland,
$216,00O: Lutherville, $190,00O:
Salisbury. $175,O0O; Buxton, $780,
600; Chevy Chase, $135, 900; Fred
ericks, $95,500. and Catonsville,
$65,O0O.
Virginia Nineteenth
Virginia ranked nineteenth
among the States with payments
of $500, 900, a gain of $780,
900, or As per cent. Richmond
led the cities with $4,025, 600, and
Norfolk was second with $2,01O,-
200. Payments in Alexandria
totaled $272,000.
Life insurance policy-holders
and beneficiarieS in the United
States and Canada received a
grand total of $2,642,259,949 in
1880. a per capita payment of
$40. This was an unusual gain
of $444,777 1915 over 1929, or 20
per cent, compared with the nor
NAL CTS per cent gain in 1929.
The Washington times., 1931-07-24
PEPCOJUNENET
GAINS OVER
9PER CENT
Washington Railway Profit
Is SO Per Cent Higher Than
For Same Period Last Year

The June statement filed
yesterday by the Potomac Electric
Power Company with the Public
Utilities Commission shows an
increase in net earnings Of
$35, 1885, or 9.04 per cent over
June last year. Net income for
the month was $373,864.
Net profit for the half-year
ending June 80 was slightly be-
low that for the same period
of 1880, the totals being $2,325, ,295
and $2,337,559, respectively.
w. r. & E. Net Jumps D..
The report on operations filed
at the same time by the parent
organization, the Washington
Railway and Electric Company,
puts June net income this year
at $54,203, which compares with
$36,094 in the same month last
year, a gain of slightly more than
33 per cent. =
In the first six months this
year, net income was $1,082,.
084.60, as compared with $685..
170.59 for the period in 1880.
The report on bus operations
shows a deficit of $188.93 in net
income for June.
Bus Deficit Cut
The deficit in June a year ago
was $2,388.88.
For the six months of the
present year surplus Of
$8,726.80 is revealed against q
deficit of $2,722.78 for the first
six months Of 1880.
The Washington times., 1931-07-24
TIME HELD REAL
SOLVENT. FOR
FARM ILLS
Lewis Haney, After Southern
and CentraI-West Survey,
Lists Hopes for Trade Gain
BY LEWIS HANEY

Director New York University
Bureau Of Business Research
The general opinion Of bank
ers and business men in the
South and West is that it will
take two years for business to
get turned around.
All recognize that constructive
forces are at work. I found not
a single man who doubted the
ultimate return Of prosperity.
Will Take Time
But there was general feel
ing that we have had so much
initiation and maladjustment in
business, and that the correc-
ton of these conditions is still
so incomplete that no early re-
covery is to be expected.
That is the gist of the matter
"a great process of Ndeflation
and liquidation has been re-
quired. It is not yet completed.
This is most striking in the case
of real estate and farm land.
But hundreds Of banks are in
volved and the loans and invest
mentS Of many financial insti-
tutions are still badly frozen.
Interest Rates High
Interest charges on loans made
in the past are still high and
investments in real estate are
still carried in many cases at
the inflated prices of several
years ago. Too much real es-
tate is being carried on mort
cages which exceed the replace
ment cost of the property. Some
classes Of labor, as in the build
ing trades, are still inflated.
Everywhere one finds a keen
realization that management
must be further deflated. In the
boom years anyone could succeed.
Farms, stores, real estate op.
eratiOnS, SIN all manufacturing
enterprises and banks all suf.
fered from an influx of relatively
incompetent persons. Waste and
high costs resulted.
Had 1t Coming
The universal diagnosis is that
there was initiation and riotous
living, and that the depression
was coming to us. We will get
NVaT II IN TINA
Under these circumstances, I
doubt if we need to fear more
iaflation. They don't want it back
home. They see that their prob
lem is one of further deflation.
They don't even believe that
Congress can do anything about
it.
So my conclusion is that this
year we cannot expect any posi-
tive stimulus to business revival
from the cotton belt or the corn
belt. The stuff is not there.
The Washington times., 1931-07-24
Petroleum Imports
Increase ShnrDIu

Imports Of Petroleum during the
week ended July 4 averaged 272,-
857 barrels per day. according to
the American Petroleum Institute.
This compares with a daily aver
age Of 154,714 for the preceding
week and with a daily average Of
212,SO0 barrels during the month
OF June and 20O,065 barrels daily
for the month of May.
Crude runs to stills during the
week averaged 2,324,700 barrels
a day. There was manufactured
during the week 3,089, 900 barrels
Of crooked gasoline, according to
reports received.
The Washington times., 1931-07-24
so NelU Oil Wells
In East Texas Field

In East Texas OH field in week
ended July is there were 80 new
wells completed for 408, 1856 bar
rels daily initial production, a
gain of 27,243 barrels over week
preceding. Total competitions
number 1921.
Crude oil movement to market
totaled 2,796,241 barrels, a gain Of
231, ,2S4 barrels over week before,
while oil run to storage amounted
to 110,754 barrels, a gain of 4,62O.
The Washington times., 1931-07-24
NeW KrOger Issue
Is for Executives

Proposed listing of 100000
shares of common stock Of
Kroger Grocery and Baking Com
pany on the New York Stock Elk
change is for the purpose of
selling all or part of this amount
to executives at a minimum price
Of $25 a share.
This measure was approved by
stockholders at the annual meet
ing.
The Washington times., 1931-07-24
Pacific Road Asks
To BHY Short Line

The Northwest Pacific railroad.
o subsidiary Of the Southern Pa
cific, asked the Interstate Com
merce Commission yesterday for
authority to purchase all the cap
ital stock of the Petaluma and
Santa Rosa. an electric railroad
running between those two Cali
fornia cities.
The road also operates line of
steamboats, between San Fran,
cisco and Petaluma. It is pro-
posed to purchase 7,707 shares Of
common stock and 600 shares of
preferred at 500 a share.
The Washington times., 1931-07-24
OIL PRODUCTION UP

Constructive efforts to stem
the upward trend of crude oil
production in California received
another temporary setback when
the States output for the week
ended July 18 averaged 526. 900
barrels daily. gain Of $500 bar
rels over the preceding weeks
average, the California Oil World
estimates.
The Washington times., 1931-07-24
Surrey Is Planned
Of FOLIndrU Trade

Designed to furnish a compre-
henSive view of the production
facilities and equipment of the
drop forging industry and the ex-
tent to which these facilities have
been actiely employed in supply
ing the demand. a survey has
been begun by the Department of
Commerce.
The study is undertaken at the
request Of the American Drop
Forging Institute,
The Washington times., 1931-07-24
Cheerful Trade
News Items

PepcO net income gains 8
per cent for June.
SeabOard reports 20 per
cent increase in output.
Chrysler net earnings take
sharp jump.
Studebaker plant will be
busy all summer.
DUPONT earnings top divi-
dend requirements.
The Washington times., 1931-07-24
II. r. Daniel Joins
E. D. B1bcOck e Co.

Announcement was made yes
terday that H. r. Daniel has
been admitted to partnership IN
the investment security house
of E. D. Babcock and Company,
New York. Mr.. Daniel has
resigned as vice president and
director Of s. w. Straus and
Company.
The Washington times., 1931-07-24
Plants
To Run All Summer

SOUTH BEND, Ind. July "a
The Studebaker Corp. will not
shut down for a vacation period,
it was stated yesterday by A. r.
Erskine, president.
He also said the report for
the second quarter ended June
80 will be released on July 81.
The Washington times., 1931-07-24
Merchants Predict
Wheat Price Rise

Higher prices for wheat within
the next two to three months
are looked for by half Of the
leading grain merchants return
ing questionnaires for the weekly
concensus of opinion compiled
officially by the New York Pro
duce Exchange.
The Washington times., 1931-07-24
NEWS
In Today's
CLASSIFIED ADS

BEACH APARTMENT FOR RENT
At North Beach large
front apartment rooms.
spend your vacation at q very
nominal cost.
USED, CAR FOE sALE-Chrysler
Roadster, model 20 motor
has lust been reb0Fed car In
Al condition for your summer
vacation Be sure to see 1T
today.
ROOMS FoR RENT-On beautiful
18th St. large. airy rooms
second floor suitable fer
continuous hot water
Convenient to downtown business
section. Reasonable rental.
HORSES FOR sALE-Eight good
sound work-hOrses can be bought
at q very reasonable price today
Call owner for an appoint
ment to see them.
APARTMENT FOR RENT-wiS-
consin Avenue :. large rooms.
to cars, stores and schools
large, cool, airy rooms just
the place for the hot summer days.
These are "sidelioAts'' on some Of man
Interesting advertisements HoS scsH TN
In todav's Classified Ads.
The Washington times., 1931-07-24
SOVIET COTTON ACREAGE

The Russian cotton acreage for
1881 is reported at 5,824,000 acres
compared with the revised area
of 1885, 900 acres last year, ac-
cording to Agriculture Attache
Steere at Berlin.
The Washington times., 1931-07-24
U.s.. SNUBSPLEA
To CURB OIL
IMPORTS
Attorney General Advises
Hoover No Evidence Exists
That Laws Are Violated

The Hoover Administration ap-
parently has closed the door
definitely to the pleas Of the
The Washington times., 1931-07-24

These are "sideli0hts'' on some Of many
Interesting advertisements HOU OcsH find
In todav's Classified Ads.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-04
NANCY CARROLL
IS Welded TO
EDITOR OF LIFE
Screen Actress Marriage
Comes as Surprise
to Friends.
By United Press

By United Press
NEWTON, Conn, July Red
haired Nancy Carroll, one Of the
youngest and most popular stars in
motion pictures, and Bolton NAL
lory, editor Of Life magazine, were
motoring northward on a honey
moon today.
The actress, who divorced her first
husband, Jack Kirkland, scenario
writer. in NogaleS, Mexico, just a
month ago, was married to Mallory
by justice Of the peace here Fri
day.
The ceremony came as a surprise
TO even the closest friends OF the
couple, the bridegroom having taken
extraordinary precautions to keep
their plans secret.
In applying for the license, Miss
Carroll gave her age as Is and her
real name as Ann La Hiff. Mallory
is 80, tall, handsome and former
f1ier in the World war. He has
been married twice before.
Miss Carroll divorced Kirkland,
after a years separation, on grounds
Of incompatibility. He did not con-
test the suit. Their Swear old
daughter, Patricia, is with the
actress mother in New York.
The Mallorys were believed en-
route to Canada for their wedding
trip. and friends said they probably
would return in about two weeks.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-04
C. OF C. TOPICS
TO Be TALKED
Commerce Secretaries to
Gather in TT. Wayne.

Final plans for the midyear meet
ing of the Indiana Commercial Sec
retaries Association Friday and Sat-
urday at Ft. Wayne Chamber OF
Commerce are being drafted.
A. P. Bradley of Whiting, presi-
dent Of the association, will hold the
gavel and the address of welcome
will be made by B. F. Geyer, presi-
dent of the Ft. Wayne Chamber OF
Commerce.
Principal address will be made by
Ed w. Wolfe Of Lafayette, on the
question, "IS the Indiana CONNER
cial Secretaries Association Fulfill
ing Its Purpose?"
R. G. Marshall of Cleveland. O.,
president and general manager of
TranS-American Airlines Corpora
ton, will discuss air transportation /:
DR.. James H. Greene of South Bend.
legislative programs for chambers of
commerce, and Will E. Price, Muncie,
business aids.
Louis N. Rocca of Fl. Wayne. Of
fetal of the Lincoln National Life
Insurance Company, will be principal
speaker at the informal dinner Fri
day night.
Chamber Of commerce budget
problems will be discussed Saturday
morning, followed by an open forum.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-04
Wife Accused of Offering
$1,000 for Murder of
South Bend Man.
Bv Times Snoc,ot


SOUTH BEND, Ind, July A.
With week Of sensational evidence
behind them, principals in the Cole
man divorce hearing await the
opening OF attorneys arguments in
superior court next week.
Mrs. 1lo Coleman, %, Is suing
James Coleman, 40, South Bend
business man, for $4,000 alirnony.
Testimony reached climax with
introduction Of evidence designed to
prove that Mrs. Coleman offered a
friend $1,000 if he would shoot her
husband to death before the start
OF the divorce trial.
E. Mcclure, Mishawaka auto
mobile salesman, admitted from the
stand that he had several engage
mentS with Mrs. Coleman. On one
OF them he asserted that she made
him the offer Of money if he would
put Coleman on the spot"
Attorneys for Mrs. Coleman
charged that the murder plot story
was frame-up.
Previously testimony had been in
troduced that Mrs. Coleman and
Chester Warnock, a salesman, had
kept several clandestine engage
ments at a liquor resort. A maid in
the Coleman household also testi-
ned that her mistress had offered
her money if she would ask Cole
man to take her out.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-04
Three 'LECCER
SUSPECTS HELD
U. S. Dry Agents Grab
Alleged VioIatorS.

Continuing their drive on minor
liquor law violators, dry agents
brought three alleged sellers of
drinks of liquor before Fac w
Patrick, federal commissioner, who
bound them over to the federal
grand jury.
According to the testimony, Pete
1nkoff, operator of the Blue Bird
restaurant, IL Jackson place, sold
two drinks of whisky to a federal
prohibition agent.
Three agents testified they bought
two rounds of drinks from Jake
Christoff, owner of a restaurant at
901 North Illinois street, and his
employe, George Steve. The former
was placed under $1,000 bond and
the latter $500.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-07-04
Men: Be Careful of
Your Summer Headgear

By Science Service
WASHINGTON, July 4.-Human
beings always have paid a good deal
of attention to their headgear. Even
today, in spite of the spread Of hat
lessneSS among both sexes, the ma
jority Of us still insist on head COW
erings Of some kind during the hot
weather, and to very considerable
extent we wish to indulge our taste
for the ornamental as well as secure
small individual shelters for our
skulls.
Such vanity may be compatible
with greater GOODNESS and hence not
harmful, or it may impose a penalty
Of extra heat on a rather important
area.
Some time ago a Paris scientist,
with a practical and philanthropic
turn Of mind, undertook to find out
just how hot men got, not under
their collars, but under their hats.
He ran a series of tests with differ
ent kinds of headgear, on q day
when the mercury stood at the I'M
usual (for Paris level of 81 degrees
Fahrenheit.
The Panama hat, he learned,
easily was the winner. Beneath its
cool, welI-ventilated crown the air
temperature above the. wearer's head
was only n degrees. Panamas there
fore might we'll adopt the we'll
known slogan of movie houses:
Twenty degrees cooler inside"
The more popular, but less well
ventilated, stiff straw hat ran
second, with an inside temperature
of 70 degrees. There was a wide
gap between this and the nearest
competitor in the non-straw class.
This was the soft felt hat, which
reduced the temperature only about
half as much as did the Panama,
to a level of So degrees.
He who would indulge the vanity
Of wearing derby hat in summer,
the study showed, must pay the
penalty of getting his head cooled
very little, for under its iron dome
the thermometer sank only to the