davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1937-08-03
COMMODITY DIP
NOTED FOR WEEK

A decline last week in the whole
sale commodity price index COM
piled by the National Fertilizer
Association took it to the level Of
a month ago.
Based on the 1926-192S average
as 100, this index in the week
ended July 81 registered 1873
compared with 1876 in the preced-
ing week, 1873 month ago, and
79.5 a year ago.
The second consecutive weekly
decline in the all-commodity in
dex was caused primarily by fall
ing prices for grains, cotton and
textiles. Influenced by favorable
crop reports grain quotations re-
coded sharply last week and,
with a drop in the price of cot
ton, more than offset the rise in
livestock prices, thereby taking
the farm product group index to
the lowest level reached in four
weeks.
Although changes in the food
group were mixed during the week,
advancing meat prices we're suf-
ficient to raise the group index
1.6 above the level of the preced-
ing week. With no items advanc-
ing the textile group index con-
tinued its downward trend as a
result Of lower quotations for cot
ton, cotton goods. silk and hemp.
The miscellaneous commodity
group index also registered a
further decline due largely to re.
cessions in the prices Of rubber
and cattle feed. A small advance
in the fertilizer material index
resulted from a rise in the price
of Chilean nitrate of soda.
Changes in the other commodity
groups during the week were rela-
lively small.
The Washington times., 1937-08-03
Cit. SHOWS CAIN
IN NET EARNINGS

Commercial Investment Trust
Corporation reports combined net
earnings of 1873, 1865 for the six
months ended June 80, as com.
pared with $s,757,3s7 for the first
half of 1886.
Earnings of the National Surety
Corporation "a wholly owned sub
sidiary acquired in November,
1886 for the first six months
amounting to $1,O37,067 are in
Cluded in the combined net. Vol
ume of business was the highest
for any half-year period in the
corporations history, amounting
to $776,960,975.
After dividends on the prefer.
ence stock there remained net
earnings, applicable to the COM
mon stock of $11,370,490 equiva-
lent to $3.43 per share on 3,312,-
585 shares outstanding in the
hands of the public at June 80,
1887. This compares with $685.
819, equal to $3.16 per share on
2,836,923 shares, in the first six
months of 1886.
Henry Ittleson, president of the
corporation, in his report to stock
holders, states that no deduction
has been made for surtax on I'M
distributed profits.
The Washington times., 1937-08-03
28O Corporations
Net $426 Millions

BOSTON, Aug. statements
of over $50 corporations which
have so far reported second quar-
ter earnings show combined ret
profits, less deficits, of about 1926
100000 for the quarter, compared
with 100000 in the same
period of 1936-an increase of
better than 10 per cent, says the
United Business Service in its c:lr-
rent report. Aggregate net for the
first six months of 1854 900, 900
was 90 per cent higher than that
shown by the same group of COM
panies in the first half of 1885.
The Washington times., 1937-08-03
q STATES PASS
CHAIN STORETAX
LAWS SINCE 1882

Since 1882 a total Of 81 States
have passed laws placing a dis
criminatory license on chair
stores, according to Poor's Stock
Reports.
Rates in most States are grad
uated from a nominal figure per
store for the first few outlets, to
as high as $3.50 a unit in Texas
for each store over so. The re.
port adds:
"SOme states 90 even further,
assessing every store in . chain
at the graduated rate applying
to the last unit. Louisiana, using
this basis, further complicates
matters by counting every store
operated, whether in the State
or not. Thus, a sol store chain
with one unit in Louisiana
must pay the top tax Of $500
on that outlet. To prevent
chains from escaping the usual
type Of tax through establish.
ing super.markets, Tennessee
taxes chains on the amount of
floor space occupied, and Michi.
gan, in addition to a typical
license tax, also assesses every
counter used"
Effects of this type Of taxation
on grocery chains can best be
demonstrated by comparing the
general upper bracket rate of $500
a unit with the average operating
profit per store of about $500
for representative chains. Although
this would at UP one-thid of ex.
listing operating profits, it should
be remembered, the report de-
clareS, that in no single case will
the average per-store tax be as
high as the top limit. Further.
more, even a $500 figure amounts
to less than l per cent Of sales
per store, which were $6O,50O in
1885: In other words, groceries
could pass on this expense to the
consumer by a per cent increase
IN sales prices. according to the
study. However. chains would
still enjoy a substantial advan.
tage, as it has been estimated that
their selling prices averaged some
8 per cent lower than the indie.
pendentS.
The Washington times., 1937-08-03
WASHINGTON PRODUCE

light; market, steady. New York, %
crates individually, as dozen, Sl.25 %
LIS, few 81. Michigan. hishballs
Esttuce-No carlot arrivals; 7 broken
and unbroken cars on track. Supplies
liberal. Demand moderate; market
stronger for good stock cff i9Esn
is.26@SSo; few -; fair condition, $40
Boston type, dozen So@S5c:
.rC 0nions-NO cSTlot sr arr;itval. qn.
demand light: market steady. New York,
60-pound sacks Fellows, U. S. No. /
N.l0. Washington, 5o-pound sacks, VAL
enSias. U: 8; No: l, $3.50. ~
rived; / broken and unbroken cars on
track. Supplies liberal; demand slow
market steady. North Carolina, busnel
baskets. Elbertas, U. s. No. l, ~ inches
1.5O; poor condition, 81; bushel baskets
Bellies. U. s. No. /, az inches minimum.
s1.76;. few 81: poorer lower. Virginia.
6usheI baskets. carmsn.. crawfords. u.
inches minimum, Golden Jubiiees, 81.
California, 25-pound boxes, Haies, 81. So
Peas Colorado arrived; 2 unbroken
cars on track. Supplies light; demand
b1shsl baskets Telephones. Is.ss. 0"'
Potatoes - Truck receipts moderate;
supplies moderate; demand slow; mar
ket weak. New Jersey, 1Oo-pound sacks
co SO@atOsssup nS ii6sSsSI demand
slow; market weak. New Jersey, H.
quart climax baskets, 40@SOc. Vir-
ginia. lug boxes. SOc@n; y bushel
WatermelOns-No carlot arrivals; 1
broken car on track. Truck receipts
liberal; supplies liberal; demand slow:
market weak. North Carolina, Tom
Watsons, truck, 2S-35-pound average
2o@25c each; boat primes. 1o@15c; Sc
lects, 2OQ25c each.
broken and l unbroken cars on track.
Lima Beans-supplies moderate; de-
mand light; market steady. New Jer-
sey. bushel baskets, $1.75@2.
spinach-supplies light; demand light:
market steady. Pennsylvania, bushel
Ora1Ees-one California arrived:
broken and unbroken cars on track.
California, boxes. 34@6.?5. as to grade
Sin, Jersey ,sv utyss
Scotia and Maine. quarts, 18@22c.
Avocado = Florida, boxes, SI@1.5O.
Cuba, ventilated crates, S2@3.5O.
punches.
Plums-No carlot arrivals; no cars on
cars on track. California, 4-basket crates
various varieties $1.75@2.50.
NectsrineSmcaIifornia' "-baSket boxes
@3.5O: h-bushel boxes. t1.5o01.76.
Huckieberries- ana Della
ware, 12A@15c per quart.
bushel baskets, $50. few Sis.
CarrOts-Pennsylvania, Csc per dozen
punches.
The Washington times., 1937-08-03
National COntainer
Earnings Trebled

National Container Corporation
and its wholly owned subsidiary.
Airdepct Realty Corporation. re-
port for the six months ended
June 30, net.income Of 1924. 430. SO
after all charges and Federal nor
NAL income taxes but exclusive
Of dividends of $5.001 received
from subsidiary of the company.
compared with ST.. 085. 40 reported
for the first six months Of 1885.
National Container Corpora
TONS share in the net income of
its three manufacturing subsidi-
aries during the six months ended
June 80, 1887. amounted to $82,
601.79 (including $6,804.71 earn
ingS of a subsidiary which COM
menced operations on January i,
1880, compared with $24.596.85
for the corresponding period Of
1896,
The Washington times., 1937-08-03
Voters Authorize
Fewer New Bonds

Voters of 1876 municipalities
located in 81 States, during the
month of July approved municipal
bond issues aggregating $10,017,-
1856. as compared with $10,837,84S
bonds approved during June, ac-
cording to the Daily Bond Buyer.
Of New York.
The total for July, 1886, was
S9,685.255 compared with $11,383,-
140 in July. 1885, and $1,807 500
in 1884.
The Washington times., 1937-08-03
LOADINGS CLIMB
1872 PER CENT IN.
SECOND QUARTER

The number Of freight cars
loaded rose from 100000 in the
first quarter of 1887 to 9,828, 900
in the second quarter and nearly
regained the recovery peak Of g.
1886, 900 in the fourth quarter Of
last year, according to the Alex.
ander Hamilton Institute.
With the exception Of the final
quarter of 1886, loadings In the
second quarter Of this year were
larger than in any previous quar-.
ter since the last three months Of
1880. The increase over the vol.
ume in the second quarter last year
amounted to 1872 per cent.
The gain over last year in the
second quarter was considerably
greater than the rs per cent in
crease forecasted by the IS ship
pers' regional advisory boards at
the beginning of the period. This
made the fifth consecutive time
that the boards forecast has
proved to be too conservative. This
record, however, failed to tempt
the boards to adopt a more opti-
mistic attitude in their latest fore.
cast. They anticipate that load.
ings in the third quarter will be
only TO per cent larger than a
year ago as compared with the
1872 per cent gain in the second
quarter.
However, even If loadingS In the
third quarter are no larger than
the forecasted volume, they will
represent a new recovery peak Of
1886, 900 cars. This will be g.
gain of 66.9 per cent over the de-
pression's low in the first quarter
of 1888 when only 6,204,000 cars
were loaded. At the same time.
loadings in the third quarter will
be far from full recovery since
they will be 27.6 per cent below
the 14,308,000 cars loaded in the
third quarter of the pre-depresSion
year 1929,
The Washington times., 1937-08-03
D. C.. Broker Picks
Correspondents

Announcement was made yes.
terday that the firm of Hayden,
Stone & Co. will act as New York
correspondents for Johnston, Lem.
on & Co., of Washington. Hay.
den, Stone & Co. is one of the
oldest and more prominent invest.
ment banking and brokerage in
situations in the country, having
been in business for more than
As years.
In addition to it's seat on the
New York Stock Exchange, Stone
& Co. holds memberships in the
other important stock exchanges
as we'll as in all of the principal
commodity exchanges. The firm
ranks as one Of the largest com.
mission houses in Wall Street and
carries on, also, an extensive in
vestment banking and underwrit.
ing business.
The Washington times., 1937-08-03
Retail Ads
5.6Per Cent
Ahead of SO

For the first 80 weeks of this
year, ended July "a, retail display
advertising lineage is Sc per cent
ahead Of the corresponding period
Of last year. according to Adver-
Using Age.
The 10 major cities used as the
basis for this report show a total
of 82,595, 400 lines of retail dis
play advertising for the reported
period, against 551,717,O1O lines
for the comparable period of 1896,
a gain Of 3O,824,S9O lines.
During the Seven-day period
ended July "a, newspapers in the
measured cities carried 1885, 1888
lines against 14,S98,195 lines in
the compared week Of 1896, a gain
of 487,193 lines or 3.3 per cent.
A decided majority of those
cities generally recognized as in.
dustrial centers showed impressive
gains for the week, Advertising
Age stated.
The Washington times., 1937-08-03
COCA COLA co,
VOTES DIVIDEND

WILMINGTON. Del. Aug 8
G.N.SO.-A quarterly dividend of
rs cents per share on the common
stock, payable october l to stock
holders of record at the close of
business September II, was DE-
clared yesterday by directors of the
Coca Cola company.
For the three months ended
June 80, net earnings before in
come taxes amounted to $9,212,909
compared with $7,167 ,425 for the
second quarter of 1886. After taxes
and allowance for class A divl'
net for the second quarter of 1887
applicable to the common stock
were $7,172,909 compared with S.
477,706 for the second three
months of 1886.
Net earnings for the first six
months of 1887 applicable to the
100000 shares of common stock,
after reserve for income taxes and
class A dividends, amounted to
$10,976,198 compared with $751;
773 for the first half of 1886.
The Washington times., 1937-08-03
Foreign Bonds Up =:
IL Per Cent in july

Foreign dollar bonds advanced
1.24 per cent during July. accord.
ing to the Foreign Bond Associ.
ates, Inc, Index of SO representa-
tive issues, which stood at 1882
on July 81 compared with 5000
on June 30.
The 20 European issues in the
index rose 1.67 per cent and the
Is South American issues 2.O6 per
cent. The 5 Australasian issues
fell III per cent.
The Washington times., 1937-08-03
z YedrsA
2OBiHons to
Federal Debt

The Federal Government has
now had deficits for seven con-
secutive years AS a result, the
debt rose during this period from
1915 million dollars to 36,425
million dollars, an increase of
more than 10000 million dollars,
according to the Alexander Ham
ilton Institute.
The Government completed its
fiscal year by spending 1905 mil
lion dollars in June This repre-
Sented the largest figure for any
peace-time month on record with
the exception ri June last year,
when expenditures were abnor-
mally large as the result of the
payment made on the soldiers
bonus. accordin2 to the Alexander
Hamilton Institute.
Although receipts in June were
much larger Cnan in the CORE.
spending month of 1886, there
was deficit Of 434 million dol
lars This deficit occurred with
the balance in the Treasury at
a relatively low level Consequent
ly, the Government borrowed not
only enough to meet this deficit
but enough to Guild up subStan-
TALLY its Treasury balance. Total
borrowings in June amounted to
1912 million dollars, raising the
debt to a new nigh peak of 36,425
million dollars
For the full fiscal year total ex-
penditures amounted to 8,573 mil
ION dollars. or only 706 million
dollars less than in the previous
year, when expenditures were
major portion of the soldiers
bonus. In l935-1936 the cost of
the bonus was 1913 million dollars
whereas last year the cost was
only HS4 million dollars.
The Washington times., 1937-08-03
B. & 0. CarlOadings
Increase in July

Carloadings on the Baltimore
and Ohio Railroad for July, 1897.
totaled 219,130, an increase Of
9.407 over the month Of July.
1896, when the total was 209, 1923.
This was also an increase of
113 carloads over the previous
month of June, 1887. when the
total loadings we're 219,017.
For the week ended July 81. the
carloadings were 51.630. This was
4,153 more than the same week
of last year, when the total was
47,477. This was also an increase
of 949 over the week ended July
"a.
The Washington times., 1937-08-03
PLUS AND MINUS
SIGNS ARE ABOUT
EVEN ON MARKET
BY LESLIE GOULD

NEW YORK, Aug. 3 GNSD.
The stock market was a highly If.
regular affair today, with plus and
minus signs in pivotal groups
about equally divided. Trading
continued at a dull pace.
RubberS, utilities, farm nipple.
ments, and most coppers we're in
fair demand throughout the fore
noon, while lower prices prevailed
in the steels and motors.
Commodities Mixed
Domestic commodity markets
were mixed, featured by modest
recovery of better than so cents a
bale in cotton. Grains continued
sluggish, wheat slipping fraction
ally. Price changes in minor COM
modities we're unimportant.
Bonds were led upward by sec.
ond-grade rail liens. United States
Government issues gained slightly.
Curb stocks we're mostly feature
less.
Several individual issues stole
the speculative spotlight in the
market. Radio Corporation COM
mon was outstanding in the lower
brackets, rising about a point in
heavy dealings to around 10 in
response to bullish first-half
earnings.
Glass Issues Rise
Libbey. Owens-Ford and Owens
Illinois glass each ran UP more
than point in their department.
Electric Power and Light. gained
nearly as much in the utilities.
Steels and motors Jagged all
the way. U. S. Steel and ChrySler
slipped a point or so, closely fol
lowed by General Motors and
Bethlehem. Dupont in the chemi-
Gals and Woolworth in the mer.
chandising section each fell a
point.
Rubbers, several Coppers, and
one or two farm shares were in
moderately active demand and
chalked up fairsized fractional
gains.
The Washington times., 1937-08-03
CHICAGO LIVESTOCK

CHICAGO, Aug. S).-Hogs
Receipts. 10000; strong to 1Oc higher
Holdovers, 1900. Top, $685.; bulk,
S12.5O@13.2O; heavy, $11.75+ 10: medium
$12.75@13.3O; light. &l2.S5 @13.35; light
lights, $13.5O91s.2O; packing sows. 1915
Oils: pigs, Ss.5O@12S5.
Cattle-Receipts: 5000: steady. Calves.
1000; steady. Beef steers-good and
choice-$15+17 common and medium.
&s@15; yearlings. S75O@1S75. Butcher
cattle, heifers. &6@15.76; cows. $500
1880; bulls. S6.5O@s.75; calves. $500
~; feeder steers. $7.5O@11.5O: stocker
steers, $S5O@s5o; stocker cows and
heifers, $5.5o@S.
Sheep-Receipts: 5000; steady. LAMBS,
1880 @11.76; common, $9@10.50; year
lin"g 7@1o; feeders, Ss.60@1o; ewes,
The Washington times., 1937-08-03
Business Reaction
Less Than Feared

The seasonal reaction IN bust
ness has been less than expected,
and it seems reasonable to believe
that fall trade will be good. &C
cording to Banking. American
Bankers Association journal.
Labor difficulties are less threat
ening, the report says, chiefly be.
cause public opinion has become
impatient Of deliberate Interrupt
tions to recovery.
Reopening of the steel mills was
credited with helping business
confidence at a time when it
needed a tonic, and fostered the
hope that the worst Of the indus
trial strife was over.
The Washington times., 1937-08-03
CHICAGO PRODUCE

CHICAGO, Aug. UN.SD.-Butter-
i4s25 tubs; mostly steady: old cars, ~;
new, 4. Extras 3O%; standards, 81; ex
ira firsts, So%; firsts, 2sA 03o; specials,
31H @32.
EEgs-s,5i4 cases; steady; old cars
20; new. 7. Current receipts, 1874; fresh
extra firsts. less than cars 20; cars, 205 :
fresh firsts less than cars. 1914; cars
20: dirties, 1874: checks, 16A.
Cheese-Twins 1874 @% prints, dali
sizes and longhorns, 1924; leEhorn hens,
10@i45: broiiers 17@22; ROSTERS 13h
@145 ducks, S@l3h; geese, S@13.
The Washington times., 1937-08-03
CLIO. to Support
O'Brien for Mayor

The candidacy of Patrick H.
O'Brien for mayor of Detroit
will have the hearty support of
John L. Lewis C. I. O., Homer
Martin, president of the United
Automobile Workers of America,
was on record as declaring today.
Following a long conference
with Lewis and other c. I. o.
chieftains here, Martin said the
workers were more sympathetic
with the aims and purposes Of
the C. I. o. than ever before.
He laughed off reports that
there were defections in the
ranks Of the c. I. o.
The Washington times., 1937-08-03
FRUITS AND VEGETABLES
Sales in Large Lots by Original Receivers
Sales to $500 q. m.

L. @. L. Express Receipts
North Carolina-24-quart crates buckle
berries; 9 bushels okra: s14 standard
crates cantaloTPeS: 70 flats cantaioupes.
MassachuSettS-Five 32-quart crates
blueberries.
Nsg yI:.:sFh5:yys s9Sart crates
Pennsylvania - Eighty-seven baskets
New York-Nine crates mixed vsSs-
Virginla-Two barrels watercress.
West Vifginla-Seven boxes watercress.
Unknown 0ri in-Seventeen crates
mixed vegetables.
Apples-Supplies moderate. Demand
slow; market dull. Bushel baskets: u.
s. No. /, Maryland. Pennsylvania, Vir-
siP nss and %r, West viESi9is ..
MUM, soc @41; weslthys. 2-inch mini
mum, 500 soc; 2h-inch minimum. $50
SSc; 3h-inch minimum: SSc9t1; Duchess.
minimum nSn m 1S%sSe ,s ss%5S0 s inch
ripe. s5@5oc; Williams Red. * inches
up, 90c 331; ~ inches up, $1.iO@1.25.
according a to size, ripe. sS95oc: stars,
minimum nHnSh m sooS s ss91sS s nsS
minimum, Csc; sh Inch minimum, 81
Oils; 2%-inch minimum, Si.25, few
$685. fair quality s1.1o; Henry Clays,
az inches, s6@76c; various other
CantalOupes-No carlot arrivals; no
cars on track. Truck receipts, liberal.
supplies. liberal; demand, slow; market,
weak weak North Carolina: RidsSway section
labelled 81, few $l.25; plain, 50@75c
Eastern Shore of Maryland, salmon meats
% crates, 50075c. Maryland, Anne
and IS, 46c. Approximately 900 crates
North Carolina express arrived.
Honey Dews-Supplies, light; demand,
light; market, steady. California, stan
$1.25@1.50.
CelePy-No carlot arrivals: 1 broken
car on track. Supplies, light; demand,
The Washington times., 1937-08-03
General Motors
Votes 81 Dividend

NEW YORK, Aug. 2 G.N.sD.
The General Motors Corporation
has voted a dividend of ST a share
on the outstanding common stock
A similar amount was disbursed
last June IL. The dividend is
payable September 10 to stock of
record August IL.
The Washington times., 1937-08-03
EGGS AND LIVE POULTRY
prices paid shIppers-Net I, o, b,

EGGS AND LIVE POULTRY
prices paid ShIppers-Net I. o. b.
Washington
By the o. 8. Bureau. Of Agricultural
Economics
EEES-Markst steady to firm. U. s.
Graded Extras, large, hc
higher. Current receipts. 2O@2lc; Hen
graded and dated white eggs: U. S.
Extras, large, 30c; U. s. Extras.
mediums 2Shc; u. s. Standards, large,
24hc.
Live Poultry-Market steady to firm.
Spring chickens mostly 1c higher. Fowl:
Colored, heavy, 10000; No. %, 14@
15c; LeEhorns, 14915c: BOOSTERS, loo.
Chickens: Crosses, 23h 02Ihc; Rocks:
Virginia, less than az pounds, $50
24c; an pounds and over, 24025c; Leg
horns, 2 pounds, 1870 zoe. Turkeys: Old
Hens, 16@17c; Old Toms, 13@14c.
The Washington times., 1937-08-03
Washington
Stocks

SALES-After Call
Washington Gas Light (new)
10o@26.
The Washington times., 1937-08-03

extra dividend books closed
tPluS extras az per cent extra flh
per cent extra. a75c extra. *"30c paid
June "a 1897.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1937-08-26
8 Pc. BE |

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Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1937-09-02
RULES AND REGULATIONS


Anyna child lis eligible
N empoye member O imnedate
mot to ndent
hconest is for
be y said
scrpton andoup clrpedfro 80"
will
wenas renewal andcr On
Cash must accompany all ubsespn Where credit
to Of
Tuesday and
missing
In tina moco the
the be
Of Of
In.
In p . prizes V
moth
6oreta lain o o " ASH prizes
II any that
in an o
afOratd nishts the
Of first
period a OF
any a. " ~ ' NV "' T" - '"&' Hs asen"n
In
condH
The Nome daily nugget., 1937-01-30

Newspaper advertising will develop new business for you.
The Nome daily nugget., 1937-01-30

Subscribe For The NuGget
The Nome daily nugget., 1937-01-30
: ALAS EA A N
 WINDS ARE THE CAUSE

fBv The Associated ?ress)
 SAN FRANCISCO, Jan. 30, - Chill winds from the Gulf of Al aska have fathered the disastrous Ohio floods, said Major Edward Bowie, meteorologist, in charge of the weather bureau here.
 He reported that most Ameri- can rainstorms on the western slope and over the Atlantic sea- board begin over the Pacific.
 The strike which wiped out weather observations from ships at sea, makes the bureau from a we elk to ten days late now in predicting storms, he declared.