davidaulloa/AmericanStories huggingface dataset:
Henderson daily dispatch., 1934-12-03

COW CHAINS, GOOD WEIGHT so
feet for 7dc, catcher knives, 25, 35c
TO 75c, galvanized tubs SIS, rs, 95c,
padlocks 10, 25, SOC. Alex S. Wat
knS 3elti
Henderson daily dispatch., 1934-12-03

rOl} RENT ONE NICE COMFORT
abb" room, bath--prefer teacher or
h4i: mess lady. If Interested, address
BOY 594 Henderson, N. c. l2ti
Henderson daily dispatch., 1934-12-03

FOR S AL L = EARLY JERSEY
Wakefield cabbage plants. $1.25 per
thousand, 15c per hundred j. #.
H4mn, 26l Davis street. 3-lti
Henderson daily dispatch., 1934-12-03

PLENTY OF GOOD DRY WOOD
ard coal. Best service and lowest
prices. Phone 546-W--we deliver.
Linden at old Henderson Coal and
Wood yard, North Henderson. 13-tf
Henderson daily dispatch., 1934-12-03

HAVE YOU SEEN OUR SPECIAL
circulating Hetrola at $32 80? It's
Vahle Alex S. Watkins 3-lti
Henderson daily dispatch., 1934-12-03
WANT ADS
Get Results

FOR SALE-FRESH MILK cow.
| Apply to Miss Laurie Bullock, Will
| hamsboro 3-2ti
Henderson daily dispatch., 1934-12-03

FOR SALE - GERMAN POLICE
pups. Stock guaranteed. Six weeks
old. Robert Perkinson, Kittrell, ~
G. 3-1ti
Henderson daily dispatch., 1934-12-03

GOOD VALUES IN COAL HEAT
ers at $500, $12.5O and $18.5G. VIII
son style wood heaters at $500,
four eye laudry stoves at 5000 Lois
Of other good values. Alex $. Wat
kin 3-1ti
Henderson daily dispatch., 1934-12-03

NATIONAL. ORGANIZATIONS
will select ambitious men, now en-
plOycd 10 start immediate training
to INSTALL and repair all makes of
IIl ECTEtIC KIGFRIGERATORS
No experience necessary but must
bG mechanically inclined and will
ing to devote some spare time in
Henderson daily dispatch., 1934-12-03

SPECIAL VALUE IN SKATES.
Real quality skates SITS value for
81 so AZ The Place of Values" Alex
S. Watkins. 3-1tf
Henderson daily dispatch., 1934-12-03

number, for personal interview. RE
r'RIGER ALTON INST. Address 304
Warren Theatre Bldg, Youngstown,
Ohio. arti
The Washington times., 1934-07-12
PHONE OUTLOOK
SEEN CLOUDED

A prime consideration in the
outlook for at least one main divi-
sion of the communications in
dustry is the growing possibility
of a substantial countrywide re-
duction in telephone rates, says
the Standard Statistics Company,
of New York, in a current survey.
Indications of such a trend are
seen in various steps taken or
initiated by regulatory bodies dur
ing recent months. To mention
only some of the outstanding in
stances, the Georgia Public Serv-
ice Commission has required
various companies within its juriS-
diction to lower some charges as
much as Is per cent, and has Suc'
cessfully defended this ruling in
the Federal district court.
The New York Public Service
Commission apparently is prepar"
ing to order a reduction in the
rates of the New York Telephone
Company, in a test of it's new
powers. Investigations are being
conducted in Tennessee and
North Carolina.
The breakdown of the legal de-
fense of telephone rates. as evi-
denced by the unfavorable United
States Supreme Court decision in
the Illinois Bell Telephone case,
and the closing of Federal district
courts to rate cases under the
johnson act, will make it difficult
for telephone companies to com.
bat such reductions. This at
least will be the situation until
the lines of defense are reformed.
Meanwhile, revenues of tele-
phone companies have been ex-
panding slowly. According to In
terstate Commerce Commission
reports, total operating revenues
for the first four months of 1884
were 2.5 per cent above those a
year earlier, with the increased
use of long distance facilities con-
tributing substantially to this
improvement.
Under the influence of con-
tinued operating economies, net
operating income recorded a gain
of 10 per cent for the period.
Barring rate reductions, the 1884
fixed charge coverage Of most
telephone units should exceed
moderately that for 1888.
The Washington times., 1934-07-12
WHEAT FUTURES
STILL SOAR

CHICAGO, July II G.N.S0.
Wheat prices continued to soar
on today on large scale buying
and the market was bid up as
much as Sc a bushel, following
yesterdays limit advance. Corn,
however, encountered heavy sell
ing and prices broke from 1@4c
before recovering. Trade as
Sumed heavy proportions.
Prices skyrocketed from ~ to
more than SC, with the deferred
delivery showing the greatest
strength. September sold as high
as 96c and December CSC before
realizing checked the upturn.
The corn pit was deluged with
selling orders at the opening, and
prices tumbled / to &c, with the
September delivery yielding the
limit permitted in any one seS-
sion. September fell to 5Sc at
the opening but recovered to
61bc.
Near noon wheat was Ia to &c
higher, corn 1Ac to 12sc lower.
oats y to 1c off and rye, Ac
down to &c up.
The Washington times., 1934-07-12
GAS
O|N|TSD|V|DEND.

Columbia Gas g. Electric Cor
poration has omitted the divi-
dend on it's common stock because
of rate reductions. increased
taxes, higher operating costs and
the need to further strengthen
the corporations cash position.
The regular quarterly dividends
on the 6 per cent, S per cent and
5 per cent convertible preferred
issues, were declared, however, all
payable August IS. to stock Of
record July 20.
The company issued the follow
ing statement:
Gas a result of reductions in
rates for services, inaugurated
by various municipalities which
involve serious curtailment of
both gross and net earnings,
and because of continuing in
creases in taxes and costs Of
operations no dividend was de-
clared on the common stock at
this time, the board deeming it
best to further strengthen the
corporations cash position"
Columbia is the third company
to eliminate dividends on its
junior stock in the group in
which the United Corporation
has a substantial equity interest.
Some time back Commonwealth
g. Southern Corporation dropped
it's common dividend, later to be
followed by similar action on the
part of Niagara Hudson Power
Corporation.
It also breaks an uninterrupted
record of common payments by
the present Columbia corporation
since 1927, and a further long
period by it's predecessor, the Co
lumbia Gas & Electric Company,
which merged with the Ohio Fuel
Corporation to form the present
organization.
The Washington times., 1934-07-12
COTTON PRICES
FALL FAST

NEW YORK, July IL GN.S0.
The spectacular upward surge of
cotton futures, which had carried
values almost IS a bale higher in
the past three days, was finally
halted today, as selling and profit
taking turned the list sharply be-
low the previous close.
Liverpool dumped considerable
amount of offerings in the market.
There was further Wall Street and
speculative buying, but at an ap-
preciably lower rate. Continental
interests and the trade were early
buyers.
Traders today were interested
in the statement by Gully A. Cobb,
chief of the AAA's cotton section,
estimating that approximately "a
900 900 acres of the 28,024,000
acres under cultivation in cotton
on July !, were on farms covered
by AAA adjustment contracts.
Midday quotations were off IS
to 1S points, with october off IS
at 1888, December off Is at 1897,
March off II at 1910, and May of
1S at 1918.
The Washington times., 1934-07-12
Summer Prices
Cut By BeNas

The midsummer catalogue of
National BeIIas Hess, Inc, New
York and Kansas City mail Or
der house, now being mailed to
a selected list of 100000 Gus
toners. quotes prices which will
be the lowest of the year, &C
cOrding to Carl d. Berry, presi-
dent Of the company. Mr.. Berry
said:
"The booklet is designed to
stimulate business during what
is normally the dull period in
the mail order field, and we are
confident the low priced items
will produce q satisfactory vol
ume. Our business felt the ef-
feet Of the drought in the west
and northwest States late in
May, but since June 12 there
has been a decided change in
trend, and sales have shown q
very encouraging improve
ment."
Mail order experience since
the first of the year indicates
the necessity of keeping rural
purchasing power abreast Of
higher prices, Mr.. Berry said.
The Washington times., 1934-07-12
U.s.. STEEL JUNE
SALES SOAR

Shipments of United States
Steel Corporation last month
scared 240,274 tons to a total of
985, 1877, surprising the figure for
any month since early in 1881.
The June figure compared with
745,O54 tons in May, which con-
stituted a three-year peak, and
with 603,937 and 324,746 in June
of 1888 and 1882, respectively.
The large June shipments, with
the gain running nearly double
the most optimistic estimates,
show that the second quarters
total up to 1898, 800 against 1906
4S6 in the first three months of
this year and the best second quar-
ter figure since 1880.
For the first six months of 1884
the Steel Corporations shipments
amounted to 3,678,895 tons against
2,212,42O in the comparable 1888
period.
The big rise last month resulted
from the price advance early in
April. Consumers placed large
business at the old quotations and,
under NRA requirements, were
obliged to take shipment before
the end of the second quarter or
cancel.
The Steel Corporations business
for the month indicated, as had
been predicted in well-informed
circles, that cancellations were
few,
The Washington times., 1934-07-12
OUTPUT SLUMP
UNSEASONAL
FOR POWER

Output Of electric power in the
week including independence
Day slumped more than season.
ally from the four.year peak
figure of the final week Of June,
the Edison Electric Institute re.
port reveals.
Production for the week ended
July Z was 1,555,s44,00O kilowatt
hours, against 1,688,211,000 in
the period ended June 80, $780,
100000 in the corresponding 1888
week, and 1,341,730 two years
ago.
Thus the series Of gains over
the comparable week of the pre-
ceding year is extended to 81,
while the like period of the two
previous years has been topped
in every week since early in
January. However, the first week
Of July recorded a drop from
1891 for the first time in over a
month, power output three years
ago having totaled 1,603,713, 900
kilowatt hours.
Gains Narrow
Steady improvement in con-
ditions at this time a year ago
also resulted in narrowing fur
ther the advantage over the pre-
vious year, the gain last week
being IL per cent, against 2 per
cent in the final week of June
and better than Z per cent a
month ago.
Output for the New England
region showed a decline Of lis
per cent from a year ago, as
compared with a decrease of 81
per cent in the week ended June
80. The Middle Atlantic area
reported an increase of So per
cent as against a rise of 2.7 per
cent in the preceding week,
whereas the central industrial
territory recorded a decrease of
O.3 per cent as compared with
gain of 2.6 per cent in the pre-.
vious week.
Central Gain Small
The West Central region
showed a rise Of 1.6 per cent,
while in the June 80 week output
was up 5.3 per cent. The South
ern States reported a decline of
~ per cent as compared with a
gain of 1.9 per cent in the pre-
viouS week. The Rocky Noun
tain district registered an increase
of IL per cent as against a gain
of is per cent in the preceding
week. The Pacific Coast recorded
an increase of 11.9 per cent,
whereas in the previous week a
gain of ILL per cent was re-
ported.
The Washington times., 1934-07-12
v;';S issssc y::::' ;s:::' N. Y. Curb Quotations y

NEW YORK, July IL Q.N.S0 .
Stocks on the curb exchange
showed a hesitant tone today
after the rising tendencies of the
last two days. Trading was at
a slow pace.
Profit-takingt was apparent In
issues which had scored moderate
advances, but these brought only
small; recesSions and the under
tone was steady.
Utilities were under further
pressure. Electric Bond g. Share
and American Gas and Electric
we're lower, and this brought an
easy tone to the rest of the group.
Glen Alden Coal was feature,
advancing to a new high for the
year in active dealings. Other
specialties did little. Greyhound
was fractionally lower.
Oils were mixed. Humble lost
part of yesterdays advance. Gulf
and Standard Of Indiana, on the
other hand, were somewhat bet
ter and the rest Of the group
steady.
Chemical shares quieted down
after their advance but ruled
around their best levels.
Liquor shares continued un-
settled though Distillers Seagrams
showed support.
Bonds were generally steady but
price changes were narrow. reflect
ing the trend in stocks.
The Washington times., 1934-07-12
Exchange Launches Study
Of Entire Foreign Field

prominent in its activities for
years. Mr.. Johnson, who is a
member of the firm of Shearson,
Hammill & Co.. also is active in
the affairs of the exchange and is
former vice-president. Th e
foreign investigation is a wild.
ening of the original resolution
passed two weeks ago, calling, for
study of the methods used in
foreign arbitrage. The present
probe will cover all phases Of
dealings which originate abroad.
The governing committee ad-
journed after the appointments
without taking action on the nam
ing of the new brain trust" or
committee of 10 outsiders, which
will act in an advisory capacity to
the governors and sit in at the
meetings. The next regular meet
ing is on July IS, though special
session can be called at any time.
The Washington times., 1934-07-12
OIL INDUSTRY
CALLED MORE
STABLE

Secretary Ickes estimated yes
terday that the oil industry's
STEADY march toward economic
stability" under the Oil Admins
tration had plunked half billion
extra dollars into producers
pockets.
He approved national gasoline
production of 36,27o,000 barrels
for August.
This represents a decrease of
$50, 900 barrels as compared with
July.
Although gasoline demand next
month was expected to approx
mate that in July, decrease in
production was recommended as
necessary to reduce excessive
gasoline inventories to a more
economic level.
Cites Gains
As other achievements under
the Administration IckeS singled
out:
Conservation Of millions of bar
relS of the nations petroleum
riches by a curb on surplus pro-
duction; creation of perhaps 100,.
600 jobs; the boosting of oil prices
without putting IAN undue bur.
den" on the consumer, and preser-
vation of tens of thousands of
filing stations doomed by ruinouS
price levels.
President Roosevelt, a year ago
today, laid the foundation for the
oil administration in an Executive
order banning Interstate ship
ments of oil produced or refined
illegally. Ickes said:
eve feel that we have, with
the cooperation Of the majority
Of the industry and of the oil.
producing States, established a
record Of which we may all be
proud.
I'VE have not reached our
gOal, but we have made con.
siderable progress"
PROSECUTE VIOLATORS
While the oil administrator said
that compliance with the oil code
was growing with the days, he
added that prosecutions of vio-
1ators probably would be speeded
I'm under a new arranpement nv
which they will be carried to the
courts by United States district
attorneys.
Ickes said that during operation
Of the code approximately $780,
100000 barrels of crude produced
had sold for around $3.50, 900 900.
The same amount of crude at
the 80 cents a barrel average price
shortly before the code became
effective would have brought in
something like $3.50, 100000
The Washington times., 1934-07-12

NEW YORK, July 12-The New
York Stock Exchange today
launched a study of the whole
field of foreign business conducted
by brokers, as the law committee,
known as the unofficial cabinet"
was increased from 5 to z mem
bers.
Walter L. johnson. chairman of
the publicity committee and one
of the new members Of the cabinet,
was named one Of the Investigators.
The others are H. H. Moore, Hall
garten & Co., Arthur Turnbull,
Post & Flagg, Otto Abraham,
Abraham & Co., A. C. Beane, Fen
ner & Beane, S. M. Blur & Co.,
and Elton Parks, Dominick & Dom.
mick.
The other addition to the cab
met was Blair s. Williams, of
RhoadeS, williams & Co., members
Of the exchange since 1895 and
The Washington times., 1934-07-12
FRANCEFL0ATS
ARMS LOAN
By STANTON B. LEEDS

AS 1OreSeen Dy insiders, OuL
frequently denied by Finance
Minister German Martin. the
French government today has
again resorted to borrowing, due
to the heavy increase in expense
for armaments.
The loan issued today is for
5000, 100000. With interest at 4
per cent, it is offered at a 5
per cent discount.
For the first time since the
World War, French rentes rose
at the same time that an an
nouncement of a loan was made,
with financierS considering it
will be used to retire such portion
of the bonds maturing in October
as holders do not wish to con-
vert. ...
The government is also deny
ing intention of devaluating the
franc, but a committee of impor.
tant bond holders, headed by
Georges LIE Comte, is neverthe-
less calling upon Premier Dou-
mergue not to pay attention to
the devaluation campaign devel.
oped by former Finance Minister
Paul Reynaud.
The Washington times., 1934-07-12
.:ss N. Y. Bond Quotations vHs :si::.scss

NEW YORK, July IL d.N.S0.
Bond prices were steady today
with only negligible changes in
evidence.
Despite yesterdays strength in
most divisions there did not ap-
pear to be much profit taking
present, and such as did appear
was rather easily absorbed.
In the second grade and more
speculative division the trend was
again upward with Chicago &
North Western convertible 434s up
a small fraction and st. Paul
issues were q shade easier.
international Telephone conver.
tible 412s Of 1949 were unchanged.
Prime investment liens con-
tinued strong.
Foreign liens were quiet with
the exception Of the Germans
which were weak the 51as losing
nearly a point.
The Washington times., 1934-07-12
Remington R0nd's
Sales In 45.2 Pct.

Total sales of Remington Rand,
Inc, in the quarter ended June 80,
1884, totaled $7.490, 900, compared
with $5,155,000 in the CORE
spending quarter last year, an
increase of 45.2 per cent, Jaraes
H. Rand, jr., president, informed
stockholders at the annual meet
ing yesterday.
Domestic sales showed 40 per
cent increase and foreign 40 per
cent, he said, remarking chat
this is the first quarter during
the depression that domestic
business has shown greater per-
centage increase than foreign.
The Washington times., 1934-07-12
J. C.. Penney Sales
Climb II Per Cent
High Low | 100

June sales of the J. c. Penney
Company, increased 14.8 per cent
over the year before to a total
of $16,796.852, bringing sales for
the first half of the current year
to the largest volume for any
similar period in the company's
history.
The previous high mark was
$50, ,457 ,229 in the first six months
of 1880, which compares with
$90,022,S30 in the half year just
ended. Six months sales this
year represented an increase of
26.7 per cent over the $71,029,.
692 reported in the corresponding
1888 period.
The Washington times., 1934-07-12
Sales
Gain So Per Cent

Interstate Department Stores,
Inc, report sales of $1,772,276 for
the month of June, including its
own departments and excluding
groceries and leased departments.
This compares with $1,657, 1878 in
June, 1898, showing an increase
of SO per cent. Sales in May
showed an increase of 1871 per
cent over May, 1898.
Sales for five months, includ-
ing May, were reported at $8,276,-
$50, compared with $6,78O, ,288 for
five months of 1888, an increase
of 22.1 per cent,
The Washington times., 1934-07-12
Buick Auto Sales
HiuheSt Since 1881

Sales of Buick cars during the
last 10 days of June totaled 3,547
units, the biggest Today period
since December 81, 1881, w. F.
Hufstader, general sales manager.
announced.
This compares with sales Of
3,O14 units in the previous 10 days
and 2,125 units in the first 10 days
of June.
Sales of cars for the entire
month of June, said HufStader,
were the greatest Of any June
since 1881.
The Washington times., 1934-07-12
LIFE INSURANCE SALES

Paid for business of the Con-
necticut Mutual Life Insurance
Company during June totaled ST."
1913 ,346, an increase Of 14.2 per
cent over the like month Of 1888.
For the first six months, paid
for business aggregated $43, $685.
816, a gain Of 80 per cent over the
like 1888 period. l.
The Washington times., 1934-07-12
ALLEGHENY RESUMES

The Allegheny Steel Company
has resumed dividends on its
common stock, when directors
voted a disbursement Of IS cents
a share, payable August is to
stock of record August 1. The
last previous payment by the
company was cents monthly in
December. 1891.
The Washington times., 1934-07-12
UTILITY DIVIDEND

Electric Household Utilities
Corporation has declared a divi-
dend of IS cents a share, payable
e.iy 81 to stock Of record July
81. Similar payments were made
on May IS and February u.
The Washington times., 1934-07-12
REGULAR QUARTERLY

Canadian Dredge & Dock Com
pany has declared the regular
quarterly dividend of SITS, pay
able August / to stock of record
July 20.
The Washington times., 1934-07-12
RAIL PAWN ENT

Virginian Railway has declared
the regular quarterly dividend of
$3.50 on the preferred stock, pay
able August to stock of record
.Jlllv ID
The Washington times., 1934-07-12
BEST & CO. PAYS

Best and Company has declared
a dividend Of 371a cents on the
common stock, payable August
IS to stock Of record July IS.
In the three previous quarters
dividends of IS cents were paid.
The Washington times., 1934-07-12
CONTINENTAL CAN PAYS

Continental Can Company, Inc,
has declared the regular quar-.
terly dividend of IS cents on the
common stock, payable August Is
to stock of record July Is.
The Washington times., 1934-07-12

High Low ] is
Brewer .... ~ 2& 2&
Kruger Brewing .... 12h l1Bl 11h
Lake Shore Mines III 54hJ 54hI 54h
Leonard Oil ......... 9-16I 9-16 9-16
Lone Star G ....... 81 81 81
Long Island 1t pf A {. 81 56 66
Louisiana Land ...... 81 3Bl 3B
Maryland Casualty 80. ? 2 .
Mavis Botl A ....... "a %
Dredge -. 21hl II y "a
Mead johnson ..,.... 59A 69 oS
Merritt Chap ......,. IA IN IN
Mesabi Iron ..,....... Y a
Michigan G & O.....
Michigan Sugar .....ol IN IA Ia
Midvale Co ........... 265 26h 70 "a
Min Co of Can...... Ia IN IN
Minpls Honey r pf. 1O1 4 l101A !101
Mock Judson Voehrg'rl 11hl 11h 11h
Molybdenum Corp 80. SIS SIS SIS
Montgomery Ward A. .l122 I121 l22
Montreal l. H & P... S5k 35h S5h
Mountain Producers ~ 5A 5KI 5A
Nat Bellas Hess Inc. 3sI 3hl BIS