davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1931-07-18
PRICE
SAG ON CURB

NEW YORK, July 18~ U.N.S0. .
Generally sagging price tendencies
characterized hstless weekend
trading on the curb market to-
day, with moderate recessions the
rule in most sections Of the list.
Utilities were slightly reaction
ary, with the single exception Of
the erratic Midwest utilities
which rallied 3 points to 10, after
its severe break in the late deal
ings yesterday. Electric Bond and
Share fell back 1A points to
38A, American Gas and Electric
was 13s lower at 647s, and frac-
tional losses were noted in Amer
ican Superpower, Brazil Traction,
United Gas, and other issues in a
similar category.
Cities Service eased to 10A for
a loss Of ".
Oils were irregular with a gain
Of 1a point in Vacuum to 419s,
and a nominal decline in Stand
ard of Indiana to 26A.
Investment trusts fluctuated at
approximately unchanged levels
throughout the abbreviated SeS-
sion. Aluminium with a loss Of
close to 8 points at 1904, was
the only speciality issue to move
out of a narrow trading range.
Curb bonds were fairly firm in
tone.
The Washington times., 1931-07-18
FOREIGN BONDS HIGHER

NEW YORK, July 18 QNSO.
For the third successive session,
German Government and provin-
cial bonds moved forward to
higher prices today, carrying
prices from 6 to is points above
the lowest levels of the week.
South American Government bonds
held yesterdays gains, with the
exception of the Chilean issues.
Liberty bonds were unusually
quiet and dull, with prices gener-
ally unchanged.
Fourth liberty 414s the only
war bonds to appear on the
tape in the first ninty minutes,
sold at 1O4.31, up 1872. Treasury
32ss sold at 103 and treasury
31ss at 101.17 unchanged from
Fridays close.
The Washington times., 1931-07-18
LOSSES RARELY
MORE THAN
POINT
Some Rails Sink a Bit Lower,
But Prices Mostly WObbIe
Within NarroWest Ranges
BY w. 8. COUSINS

NEW YORK, July 18 uN.S0.
The stock market broke another
record today. Trading on the big
board fell to the lowest volume OF
the year and with few exceptions
prices moved through the narrow
est Of ranges.
With all of the principal Eu-
ropean exchanges closed and little
information available relative to
the German credit situation, the
stock market was content to mark
time.
Almost Deserted
Outside traders deserted the
financial district and the profes-
sionals maintained a show OF
speculative activity, sufficient to
keep the wheels in motion.
Transactions on the Stock Elk.
change totalled only 400, 900
shares, the smallest since last
August.
The leading stocks swung
through a narrow range and as
a rule closed within a fraction Of
Fridays final prices. Losses were
seldom more than APPOINT. United
States Steel ended the day at
9412, unchanged.
General Electric was up 1a at
41A, International Telephone and
Telegraph down 14 at 81, Ameri-
can Can unchanged at 1039s,
General Motors up B at S7R.
Rails Dip q Little
New York Central was down
11a at 841a and a few other rails
dipped lower. Consolidated Gas
up " at 93A, Anaconda Copper
up 3s at 26.
New recoveries of to 212
points in German government
and provincial bonds brought
prices 6 to Is points above the
low of the week. Commodity
markets were dull, with prices in
clined to sag.
The Washington times., 1931-07-18
CHICAGO LIVESTOCK

CHICAGO, July 18 GN.SJ.
Hogs - Receipts, 5000; market
weak to 10c lower. Top, $7.85:
bulk. $4.75@7.80; heavy, $500
7.3O; medium. $7.10@7.85; light.
$7.5O07.85; light lights, $7.25@
7.55; packing sows, $4.25@5.6O:
pigs, $6.50@7.1O. Holdovers, 5000.
Cattle - Receipts, 600; market
steady. Calves-ReceiptS, 100; mar.
ket steady. Beef steers, good and
choice, $7@8.25: common and me-
dium, $5@6.50: yearlings, $50
8.75. Butcher cattle, heifers, $40
8.75; cows, $3.25@6; bulls, $500
$50: calves, $6@8; feeder steers,
$4@7; Stocker steers, $4@7;
stocker COWS and heifers, $3@5.50.
Sheep-Receipts, 1000; market
steady. Medium and choice lambs.
$7@8.25; culls and common, $40
$50; yearlings, $4@6.25: common
and choice ewes, $1@3.50; feeder
lambs, $5@5.75,
The Washington times., 1931-07-18
Cash GRAIN CLOSE

CHICAGO, July 18 Q.N.S0
Wheat-No. / red, 53c: No. 2 red,
52k@53c; No. 8 red, SIC; No. l
hard, 53c; No. 2 hard, 52A 053c;
No. yellow, SIC; No. / mixed.
524c: No. 2 mixed, SIC.
Corn-No. 2 mixed, 601ac; No. 3
mixed, 60c; No. S mixed, 59kc;
No. 6 mixed, SIC; No. l yellow,
61Ac; No. 2 yellow, 61@61Ac;
No. 6 yellow, 58c; No. 2 white, &c;
sample grade. soc.
Oats-No. 2 white, new, 26hc;
old, 21A @2Sc.
Rye-NoS2. 4l1ac.
The Washington times., 1931-07-18
BY LEWIS HANEY
Director New York University
Bureau Of Business Research

ASeADAAAO0D
MEMPHIS, Tenn, July 18.
Business conditions in Memphis
and surrounding territory are
more sound fundamentally than
at any point I have yet visited.
Business is not good here. It
is poor. There are no positive
indications Of a turn in any
industry or trade that I can
find, but Memphis has not been
a boom town.
The worst condition affecting
this city particularly came last
year. I mean the failure Of lit
orally hundreds of country banks
in Arkansas and Mississippi.
That is past. Not single Mem
phiS bank has gone under.
Economy the WatchwOrd
One cotton trader here said:
'T play polo. Two years ago
we were feeding our ponies
specially prepared oats. Now
we are letting them eat the
bark off the trees"
Economy and low inventories
are much in evidence. Memphis
has lost some fat and made some
necessary readjustment. Her busi.
ness men are very cautious, and
forward buying is almost absent.
I find in Memphis a more logi'
cal balance between hope and
caution than in other points
visited. Less tmidity exists. There
is no more optimism, but there
The Washington times., 1931-07-18
MONEY Markets DULL

NEW YORK, July 18 G.N.S0 .
Call money was held over at 12
per cent today and 2 per cent on
the curb. -
Bankers acceptance asking
rates were unchanged, with 80 to
80 days at N per cent, 100 days
at per cent, and $50 and 1SO
days at 1A per cent.
The time money market was
dull and unchanged, with 60 to
12O days at 1A to 11a per cent,
$50 days at 112 per cent, md 18O
days at IA to 2 per cent.
Commercial paper was fairly
active, with prime names still
quoted at 1A per cent.
The Washington times., 1931-07-18
Memphis ConditionsFound
Fundamentally Sound

is a more positive feeling that
the worst has been seen.
Farm Land DefIatiOn
This is a distributing point and
is the center of the hardwood
lumber industry, but the word,
Memphis, is almost synonymous
with cotton. The greater hope
fulness, therefore, must depend
upon the cotton outlook. In fact,
in this territory, it is highly prob
able that q bumper crop is being
made.
The big local trouble here lies
in the deflation of farm lands,
notably in Mississippi. A few
years ago some land was bid up
to $500 an acre. Insurance COM
panies and country banks made
loans on too close a basis.
Now the banks are closed and
at least one insurance company
is actually in the farming bust
ness on thousands Of acres.
Long Pull Ahead
It will take a couple Of years
to work out that situation. Re
tail trade in Memphis is very low.
The great lumber piles here and
closed veneer mills tell their story
about the furniture and hardwood
trades. The wholesale dry goods
business is extremely "quiet."
The First National Bank here
shows loans only 40 per cent of
deposits and cash nearly rs large
as deposits.
But Memphis is 80 per cent
sound, and the prospective good
cotton crop SO cheaply made may
well mark the turn of the tide.
The Washington times., 1931-07-18
BULL MARKETS
LAST LONGER
THAN BEAR
Shows That Since 1889
Ratio of Resistance After
Depressions Averaged IA
BY THE SPECTATOR

NEW YORK, July 18.-1n view
of the disheartening action of
the rails, seemingly anticipating
adverse earnings reports for
June, it would not be amiss at
this time to go back to sentiment
toward this group as previously
expressed by usually well-informed
statistical quarters.
AS far back as a month ago,
when the prices of most carrier
issues were well above current
levels, a leading statistical service
expressed the belief that gradual
accumulation of selected trans
portation shares would be in
order over the next few months.
Some Stocks to Consider
Among time issues this source
believed would participate most
actively in the next upward
swing in the railroad group were
Atchison, Chesapeake and Ohio,
New Haven, New York Central,
Norfolk and Western, Southern,
and Union Pacific.
A study Of the duration of
Bull and Bear markets in past
years made by an economic SER
vice discloseS that as a rule the
longer a bear market has lasted
the longer the following bull
movement lasted.
Since 1889, the duration of
bull movements have averaged
IA times those Of the preceding
respective bear movements.
On the assumption therefore,
that the present bear market,
dating from September, 1929, and
emitting the five months of bull
market in 1920, has lasted II
months, a bull move lasting two
and one-half years is a posi-
bility.
N. Y. City Bank Issues
The only question is when such
sustained advance will begin.
The long-term possibilities Of
the following New York city bank
stocks are regarded as particu-
larly favorable by Standard Sta
tiStics: Bankers Trust, Central
Hanover, First National, Guar
anty Trust, Bank Of Manhattan
Company, and New York Trust.
The Washington times., 1931-07-18
Dakota Grain Crop
Hit, BUdd Reports

ST. PAUL, July 18.-Forage
crops for livestock in western
North Dakota and eastern Mon
tana were much benefited by re-
cent rains, but the moisture came
too late to save the grain crop,
Ralph Budd, president Of Great
Northern Railway, said on his re-
turn here from a two weeks trip
through the Northwest.
The Washington times., 1931-07-18
METAL MARKETS

NEW YORK, July 18 I.N.S).
Copper demand was somewhat
better in the domestic market to-
day and foreign sales were also
better than in the earlier part Of
the week. Electrolytic for foreign
shipment was at 8.25 cents q
pound C. i. f. Hamburg, Havre
and London.
Zinc buying was quiet, with
prime Western zinc firm at $50
to 4 cents pound East st. Louis.
Lead buying was small, with
the price unchanged at 4.4O cents
a pound New York and APPS
cents a pound st. Louis.
The Washington times., 1931-07-18
Burlington Plans
For NeLD Tr1ckGQe

ST. LOUIS, July 18.-The Chi
cago, Burlington and Quincy
railroad is planning to lay its
own trackage from East ST..
Louis to point near Centralia,
Ill, at a cost of about $4,0OO,O0O.
The new line will connect with
the roads main north and south
line through Illinois and will i'm
prove freight service between st.
Louis and the southern Illinois
coal fields.
The Washington times., 1931-07-18
Erie Canal Traffic
Record Set for DQU

NEW YORK, July 18.-The
barge canal system set a new rec
ord Monday when 81 boats passed
through lock 3 Of the Erie Canal
at Waterford.
The past week showed a gain
of 86,256 tons over the like period
last year. Wheat is 39,137 tons
ahead Of last seasons figures.
The Washington times., 1931-07-18
Sweeping Oil Probe
Ordered in Texas

AUSTIN, July 18.-An investi-
CATION Of all phases Of the oil in
duStry was authorized yesterday
by a resolution adopted by the
House of Representatives by a
vote Of rs to AZ.
It will be conducted by all
members Of the house sitting as
q committee Of the whole instead
of by a joint committee Of the
house and senate as was first
propoSed.
The Washington times., 1931-07-18
Merger
Still HQnQin0 Fire

The important stockholders of
Montgomery Ward g. Co., who
favor a merger with Sears, Roe
buck & Co., are understood to
have completed their general
study of the situation and are
now going over it with a view
to determining their next step in
the matter.
The Washington times., 1931-07-18
"UNsoUND" BUSINESS

CHICAGO, July 17.-Because
it is "unSound business" the
Standard Oil Company Of Indi-
ana, announces that hereafter
it will not furnish filling station
equipment to anyone desiring to
start a station.
The Washington times., 1931-07-18
GRAIN FUTURES
FINISH MIXED

CHICAGO, July 18 G.N.S0 .
Grains closed Irregular here today.
Wheat was u to %c off. corn un-
changed to 5sc up and oats hc
lower to Ac higher. Rye was 70
to hc lower.
Estimated car lot receipts were:
wheat, 668, corn, 108, and oats,
81.
IOpenIHighl Low lClose
The Washington times., 1931-07-18
JUNE CAR TITLES OFF

New passenger cars registra-
tions in the first IS states to re-
port for June show a decrease
Of 216 per cent. from May and
26.3 per cent. from June, 1890.
There were 89,250 cars titled in
the IS states in June compared
with 1925 in May and 121,-
2O4 in June last year.
The Washington times., 1931-07-18
NeIU Bond Offerings
UD OUer SI7,OOO.OOO

New bond offerings during week
ended July II totaled $47,792, 900
against $3O,613,500 during the
previous week and $85, 10000
during the same 1880 period.
The Washington times., 1931-07-18
TODAY'S MOST
ACTIVE STOCKS

NEW YORK, July 1S QNSJ. .
The following are the high, low
and closing prices of the 10 most
active stocks on the New York
stock exchange for the day:
The Washington times., 1931-07-18
Sugar Prices Up 10
Cents in Montreal

MONTREAL, July 17.-Refined
sugar prices have been advanced
10 cents in Montreal, to $3.50 a
100 pounds,
The Washington times., 1931-07-18
BOND AVERAGES

Copyright, 1881. Standard Statistics
NEW YORK, J1lS EGS:' Is uN.so.
The Washington times., 1931-07-18

STOCK AVERAGES
Copyright, 1880. Standard Statistics
NEW YORK, July IS U.N,s.).
so 20 20 80
TuH In lQtka
The Washington times., 1931-07-18

81 ulen q Co u.s0.. io% iO% ,oT
The Washington times., 1931-07-18

is a more positive feeling that
the worst has been seen.
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14
March of Civilization
Over Ozark Continent"

Although the current crop of NOV
ing pictures of animal and native life
in Africa valiantly seeks to preserve
all our illusions of the inaccessibility
of the interior Of the Dark continent
and of the danger of travel among
wild tribes and fierce animals, the
evidence is piling up that Africa is
becoming pretty we'll civilized. This
is not to say that it's tribes have all
adopted the ways Of the outside
world or that the animals have been
herded into ZOOS. We merely mean
that transportation facilities have
been SO greatly developed that rail-
roads-or at least one railroad-cut
straight across the continent. while
there are few forests so nearly i'm
penetrable that the intrepid explorer
is not likely to run into trucks and
automobiles calmly speeding along on
good motor roads.
Even though the famed pigmies
are still pictured as shy and retiring
when they are thrown upon the
screen, it is evident from their very
appearance in the movies that 1t is
not very hard to find them or to seek
ont their haunts. 1t is related by one
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14
Historic Watch

In the private collection Of an In
diana man is a watch that may be
the identical timepiece which Wash
ington presented to Lafayette as a
token of his appreciation Of the serv.
ices rendered by the famous French
man. That watch was given is a
matter of record. and II is also a
fact that the present was stolen
from Lafayette's quarters.
The collectors watch fits the de-
scription Of the historic timepiece, ex-
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14
GENTLE REMINDER

The novice at golf had an uncanny
genius for sending the ball into the
rough. Finally his exasperated part
ner whispered: you've paid your
membership dues at the club, haven't
you?'
"Of course" the other replied.
"Well," said the partner, quietly, II
just wanted to let you know that If
you've paid. you're entitled to use the
fairways."
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14
Not Guilty

The children in the circle at Sun
day school were not very we'll be-
haved. Gordon went home to report
to his mother.
"The little boys and girls were not
good. They patted their feet on the
floor and made noise," he said.
II hope my little boy did not pat
his feet on the floor" said mother.
mo, mother. My chair was too
high. "-Indianap News.
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14
Also Sought Safety

Mr.. Meeker head crawled under the
bed when he heard the burglar. He
held his breath and waited. Then
after long pause, he felt some one
trying to crawl in beside him.
"Is that you, Henrietta, dear?" he
whispered.
mo" was the answering whisper.
"I've just had look at her. I'm the
burglar. Move up"
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14

American resident in Africa, whose
contact with the pigmies developed
from his often taking them into a
local trading post in his car, eight
or nine easily fitting into small
auto. that nothing is easier to ind
than a new pigmy village, because
the little people move every few
weeks.--New York Evening Post.
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14
What He Needed

"These magazines will enable you
and your wife to keep up with the
tines" said the agent.
"rle only thing you could interes:
me in would be- something that would
enable us to keep up with the neigh.
b0rs," growled his victim.
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14
She Was Too Busy

The small girl met the doctor near
her home.
"You brought baby next door,
didn't you?' she inquired.
"Yes," he answered. "Shall l bring
one to your house?'
"No, thanks" came the prompt re.
ply. "Why, we've scarcely time even
to wash the dog"
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14
They're Not Flappers

Ozark and stormy night and the old
engine was coming down the track
whistling, putting and Tapping its
ears"
Hold on, Pete, an engine hasn't
got ears"
Certainly it has, engineers. Rail
road Magazine.
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14
Must Be a Bounder

Mrs Hoskinson-l have found out
one thing about that Mrs. Newcome
Whoever she is, she has certainly new.
er moved in good society.
Mr. Hoskinson-How do you know
that?
Mrs. Hoskinson-She shakes hands
as If she meant it,
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14
Her Onlv Chance

Vera-You wouldn't advise me to
marry liar would YOU?
Victoria-Yes. dear, wOuld-un.
less you want to be an old maid
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14
Hard to Be Polite

Club Professionally Your trouble u.s.
sir, that you don't address the ball
properly.
Novice-Well, was polite to the
darn things as long as could be.
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14
. NJ
going> anyway"

lHE modern Miss needs no
slime out" for the time of month.
If you've ever taken Bayer Aspirin
for headache, you know how
soon the pain subsidies. 1t is just as
effective in the relief of those pains
peculiar to womenl
Don't dedicate certain days of
every month to suffering. It's old
fashioned. It's unnecessary. Aspirin
will always enable you to carry on
in comfort. Take enough to assure
your complete comfort. If it is
genuine aspirin it cannot possibly
hurt you. Bayer Aspirin does not
depress the heart. 1t does not up
set the stomach. 1t does nothing
but stop the pain.
Headaches come at inconvenient
times. So do colds. But a little
Bayer Aspirin will always save the
day. A throat so sore you can hard
ly swallow is made comfortable
with one good gargle made from
these tablets. Neuralgia. Neuritis.
rheumatism. Pains that once kept
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14
GET IN LINE

"Wil' you tell your sister I'm wait
lng?"
81 did, and she said to tell you the
line formed in de front hall"
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14
That Spoils 1t All

Madge-So you're disappointed in
your new sutton?
Mae-Yes, father thinks he's just
dandy.-Iife
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14
'd1lA
WlMuTuMiIT11TuIInIIIlM !llllIuImlllI1Wl

perts say. 1t has four dialS and five
hands. One Of the dials records the
days Of the month and another the
days Of the week. A miniature por-
trait bust of Washington appears In
the upper side Of the face. 1t is In
colors and Is considered master
piece of craftsmanship
News.
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14

people home are forgotten half an
hour after taking a few Of these
remarkable tablets. So are the little
nagging aches that bring fatigue and
''nerves" by day, or a sleepless night.
Genuine Bayer Aspirin tablets cost
so very little after all, that it doesn't
pay to experiment with imitationsl
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14
Soothes
restless, wakefu|
G. lid

HERE are times when a baby
is too fretful or feverish to be sung
to sleep. There are some pains a
mother cannot pat away. But
there's no time when any baby
can't have the quick comfort of
Castorial A few drops, and your
little one is soon at ease-back to
sleep almost before you can slip
away.
Remember this harmless, pure
vegetable preparation when chill
dren are ailing. Don't stop its use
when Baby has been brought safely
through the age Of collie, diarrhea.
and other infantile ills. Give good
old Castoria until your children are
in their teens! Whenever coated
tongues tell Of constipation; when
there's any sign Of sluggishness,
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14
A Check Book

Mems lives should be open books,
So their good wives expect,
And they seem to think each page
Should represent check.
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14

Chew gently. while you feed upon
This luscious fowl Of high degree
For when you transmigrate. anon,
He may be you. and you be he.
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14

Time flies, but money can beat 1t
for any distance.
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14

There Is a certain noble pride
through which merits shine brighter
than through modesty.-R Richter.
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14

II think we could be very happy to-
gether"
"But do you think we could be as
happy as we could apart?"
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1931-05-14

just give them a more liberal dose.
Castoria is so pleasant-tasting; all
children love to take it.
Look for Chas. H. Fletcher's
signature and this name-plate:
The Chapel Hill weekly., 1931-06-26
The McCauleys Have Established
Mayonnaise Plant in Chapel Hill

board cartons for shipment. The
operation went forward with
smoothness and speed that
amazed me. 1t seemed TO me
that, with the formula and the
system now perfected, the Nc
Cauleys could turn out enough
mayonnaise, olive relish, and
sandwich spread to supply the
entire United States. And may
be they will. | should not be
surprised if Chapel Hill should
some day become more famous
for the McCauley products than
for the University. | look for
ward with pleasure to the time
when John McCauley will put up
a lot of new buildings on the
campus, and provide a handsome
endowment, as James B. Duke
did over in Durham. This will
be keeping up a family tradition,
for an ancestor of his was one
of the donors of the land upon
which the University was built.
The Chapel Hill weekly., 1931-06-26
ADMINISTRATORS NOTICE

Having qualified as administrator,
C. t. a., of the estate Of Frances Le-
Grand Wilson, deceased, late of Chap
el Hill Orange County. North Caro-
lima, this is to notify all persons hav-
ing claims against the estate of~5the
said deceased to exhibit them duly
itemized and verified to the, under
signed at Chapel Hill, n. c.. on er
before the End day of June, 1882, or
this notice will be pleaded in bar Of
their recovery. All persons indebted
to said estate will please make i'm
mediate payment.
This End day of June, 1881.
T. J. WILSON, JR.,
Administrator