davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1938-11-29
STOCKS SHOW
FIRMER Tone;
GAINS SLIGHT
DOLLARS PER
SHARE
By LESLIE GOULD

NEW YORK, Nov. 20 QN.S)
Firmer tendencies developed in
the stock market today, with the
trend largely governed by tech
nical factors. Gains in most in
stances were limited to fractions,
and trading continued at a slug
gish pace.
OPENING HIGHER
Stocks opened generally higher,
lettering initial quotations grad
ually as the session progressed.
Steels, motors, coppers, chemicals
and electrical equipments were in
the van of the recovery.
Westinghouse Electric, Bethle-
hem, Youngstown Sheet & Tube,
American Smelling, Philip Morris,
Allied Chemical and Du Pont were
among the stocks to rise a point
or more.
RISE GENERAL
U. S. Steel, Kennecott, Johns
Manville, United Aircraft, Santa
Fe, Southern Pacific, North Amer
lean, U. S. Rubbers and General
Electric added large fractions to
last nights final quotations.
There were a few backward
issues, including U. S. Smelling,
which dropped more than a point.
Douglas Aircraft slipped fraction
ally.
The Washington times., 1938-11-29
LOAN COMPANY DIVIDENDS

Three industrial loan companies
affiliated with the Southeastern
Industrial Bankers, Inc, have de-
clared regular quarterly dividends
on both preferred and common
stock, payable December 10, it
was announced today by Clifton
M. Eisele, president of the parent
company. The banks concerned
are Silver Spring Industrial Saw
ings and Loan Company, Hagers-
town Industrial Savings and Loan
Company and the Southeastern
Loan Corporation, Roanoke. Va.
Dividends will be paid at the
rate of Z per cent on preferred
and 10 cents on common stock,
amounting to more than $4,000.
Factory output during the year
1888 is expected to be lower than
at any time since 1884, according
to the Alexander Hamilton InSti.
tute, in a report made public to-
day.
FARM INCOME BLAMED
Again, the financial economists
blame the depression in farm in
come for the low level of 81 which
is the tentative index for factory
output, compared with 100 for last
year.
Expansion in all departments is
expected to take place during the
first six months of 1899, however,
it was said, and the annual index
next year probably will be above
The Washington times., 1938-11-29
Income Of Rails
Shows October Rise

NEW YORK, Nov. 20 G.N.S0.
Combined net operating income in
October of all Class railroads
was $6S, 565,755, against $50, $780,
439 in october last year, Associa-
ton of American Railroads an
nounced today. Operating net for
the first 10 months of the year
was $273, 10000, against $751;
689. 942 IN the like 1887 period.
The Washington times., 1938-11-29
Rep. Eicher Slated
For SEC Vacancy

GN.S) Appointment by Presi-
dent Roosevelt of Representative
Edward C. Eicher of Iowa to the
Securities and Exchange Commits
sion is expected shortly. Eicher
would succeed John w. Hanes,
now Undersecretary Of the Treas
ury. Eicher did not seek re-elec-
ton to Congress. His appoint
ment would bring the SEC to its
full fiYe-man strength.
The Washington times., 1938-11-29

research h a S
made in this
country. But We
still have a long
way to go.
For example,
Germany h a S
10000 scientists
a n d r u s S i a
100000 men in
their industrial
research labora-
tories against
only 10000 en-
ployeS in our
1000 industrial
research labora-
L
The Washington times., 1938-11-29

new low for the
month.
In part, the
div er gence is
expl a i ned by
the fact that
foreign affairs
IN o t a bly, the
drop in the
pound sterling)
have b e c O m e
more important
to investors. In
part. however,
it lends point to
the opinion
that domestic
~11@
The Washington times., 1938-11-29
L. c. L. EMPRESS RECEIPTS AT
WASHINGTON


baskets okra. q hushel baskets squash.
Caltfornia-36 2o-lO. boxes lines.
NIrginIa-5 barrels watercress.
Pennsylvania-104 3-lb. baskets mush-
rooms.
Unknown Origin-27 crates mixed
Apples-Market steady One Virginia
arrived; broken and unbrohen cars
on track. Rushel ba skets, L. s. No. !:
Maryland, Pennsylvania, Virginia and
West Virginia. Grimes. 2l4-lnch mini
mum, IS a S5c; 2l2-inch minimum. 81 a
lis; 2%-inCh minimum. Sl.25 50;
Delicious, 2I4-inch minimum. $l.l5
les; inch minimum, $500 50 :;
Staymans, ~ inch minimum, 90C n 81:
21a inch minimum. $1.35 lao; 2%-inch
minimum. $3.50 1.65: Works, 2i.-inch
minimum, 65G Use; 2i2-inCh minimum.
9OcMS1: 2&4-inch minimum, s1.l04
1.15; Romes "a inch minimum. 75c;
. e-inch minimum. $1.15d lbs; "a inch
minimum, 1885, 1.4O; Winesaps, Pinch
minimum 6Oq 65c; "a inch minimum
SI.15d 21a-inch minimum s1.35 a
1.5O Black Twgs 2h-inch minimum.
- a S5c: ~ inch minimum $1.1Od lis :;
and cartons: Pennsylvania and Virginia
Delicious Combina ton extra fancy and
fancy, 113-163s $15o a / IS: 72-1oos. 81
m2.15: grade. 113-l63s $1.%5 l. 50;
i1a-15Os $1.4o@1e5; 72-1OOs. sl.75@
1855; Romes, 113-125s, S1.65G1.75; r.
Rroccoli - Market slightly stronger
Texas. Western crates. 50. Correction
Mondays report reads western crates
Instead of haIf-western crates.
Brussels Sprouts-Market steady. No
Icarlot arrivals: no cars on track. Cali
fornia. 25lb. drums, 81.
Cabba ge-Market steady. No carlot
arrivals; no cars on track. Truck re-
Iceipts moderate New York 5O-lh sacks
Danish type, 81 a 40c; Virginia, Domestic
Round type packed locally, 1hbushel
hampers, $50 75c; bushel baskets, 400
soc.
Carrots-Market steady. One n. Y.
arrived; l broken and ! unbroken car
on track. California. Western crates,
hunched, $3.75; Texas. half western
crates. punched. $15O91.75. Bushel
ba skets topped Washed New York, IS
a 9Oc; Pennsylvania, 81.
Cauliflower-Market steady. New
York, followers, crates, $175.
Celery-Market steady. Two California.
New York arrived; 4 broken and
unhroken cars on track. y crates, in
dvidually washed. New York, As dozen,
S1.75@2.25; California, 3-411 dozen,
$2.5Oa2.75.
mia arrived; 8 broken and l unbroken
cars on track. California, Western crates
Iceberg type. 5-dozen, s4.75d5.
Onions-Market steady. One Indiana,
New York arrived: no cars on track.
5O-lb sacks, L. S No. l, yellows, Michi-
Spanish inches and larger. Colorado,
$125d1.3O.
Peas and Lima Beans-Supplies in
sufficient to quote.
Sweet Potatoes-Market steady. One
South Carolina arrived: no cars on track.
Truck receipts light. BusheI: Maryland.
AnneArundel county, hampers, Jersey
type. L. s. No. l, $1.15@1.25; baskets,
The Washington times., 1938-11-29

labor in the industry. Go into
any rubber plant anywhere IN
the world and you are pretty
certain to find there someone
who was trained in Akron. 1t
has been unfortunate that mex
perienced, outside men have
been permitted to come in to
direct how that labor should
be handled.
ut takes happy, contented
men to make a successful plant,
and they must have some in
centive to get ahead and make
something better of themselves.
American workmen are superior
to British workmen because, in
England, they do not have that
incentive"
Billy B. Van, of Newport, N. H.
tells this column:
Nov that the New England
tornado is over and we have sue
ceeded in electing six Republican
governors, the sun is beginning
to shine. Things look much
better to me, not only in New
England, but all over the coun-
try. I find in my travels that
the elections have taken a great
load off the minds of business
men"
The Washington times., 1938-11-29
SEEKS
INVESTMENTS.

0.N.S0 United Cor poration
has asked the Securities and Elk.
change Commission to approve an
100000 investment program, it
was revealed today.
Under the proposed program
United would invest it's funds only
in securities with an active" mar.
ket.
The Washington times., 1938-11-29
TREND ABROAD
BRINGS UPSET
IN U. S. TRADE
Business Active While
Stocks Decline
BY LEWIS HANEY
professor Of Economics, New York
University

NEW YORK, Nov. 29.-The
latest weekly indexes of business
activity have touched new highs
for the year. At the same time
the stock market has sagged to q
The Washington times., 1938-11-29

AND MATWRITIE&
To the holders Of
First Mortgage 50 Bonds q III. Baltimore and Ohio
Southwestern Division so Of The Baltimore and
Ohio Railroad Company.
Pittsburgh Lake and West Vrxinia AZ Bonds of
The Baltimore and Ohio Railroad Company.
Rsfu1dns and General Mortsago Bond. Of tn: 1altor:
"F". 0"'' '>"'''"0 O'n'p'fS-S'''' A. ~, and
Eiv:yo1r 48 Secured Notes Of The Baltimoro and Ohio
Thrtyysar Convertible AK Bonds To Baltimore and
Consolidated Mortgage 4k Bonds Of Buffalo, Rochester
and Pittsburgh Railway Company.
First Mortgage SO Bonds Of Lincoln Park and Charlotte
Railroad Company.
First Mortgage 40 Bonds Of Buffalo & Susqushanna
Railroad Corporation.
First Mortgage so Bonds Of Cincinnati, Indianapos&
Western Railroad Company.
The Baltimore and Ohio Railroad COMPANY has submitted
the holders Of the securities listed Pn August IS
1885, for Modification of Interest Charges Matie The
subject matter Of the Plan h Of urgent importance holders Of
the above securities as well as to the Company.
Copies the Pan with letter to security holders and form.
be used accepting Plan indicating dissent therefom
have been mailed to all known holders Of said securities
Security holders who have copies Plan and
promptly to the Company at its office Baltimore Maryland
its office at No Wan Street, New York City, copies
may be sent to them.
All security holders affected by should obtain these
papers and determine whether they willing to IN
u
Plan deposits hereunder and deposits should
be made until the security holder has copies Plan
and the letter to security holders
Security holders who have already copies NAV
obtain further information; desired concerning the Plan
method Of accepting the Plan from
The Baltimore & Ohio Railroad Company
(Telephone: District $4,000
1903 Street,
Washington D. c.
Or any of the following Washington Institutions:
National Metropolitan Bank, Riggs National Bank
6l3 10Th st. N. W. 1903 Pennsylvania Ave
National Savings &
Trust Company, Union Trust Company
18th st. and N. Y. Ave. NV. 18th & Streets N. W.
THE BALTIMORE AND OHIO RAILROAD COMPANY
By GEO NJ SEERTvER; Senioc WeeprsGdent
Dated, Baltimore, Maryland
November =, 1851
The Washington times., 1938-11-29
With these added featuresI

Y ttn LneSe GdHed features
o curity-All invest
ments are secured by
first lien mortgages,
principally on homes,
located within the
metropolitan area Of
the Nations Capital.
o Availability - Funds
may be invested in any
amount at any time.
Usual withdrawal and
tax exemption features.
. Earnings - Earnings on
Savings Share Accounts
are allowed from the
first of each month
when paid in before the
tenth.
. FederalIy Inns ured-
Every Investors account
is fully insured against
loss up to $4,000.
. Personal or Mail In.
quiries cordially invited.
The Washington times., 1938-11-29
L. S. Lays In Research
To mbrO0e Industry
Europe's Scientists Far Outnumber
Ours, Business Leader Finds
By B. g. FORBES

A. P. Soan r, head of General Motors, has had this motto
all through his Find better way do the job
The Washington times., 1938-11-29
IS BELOW EXPENSES

Thirty-five of the 1877 railroads
reporting failed to earn expenses
during the 10-month period. Thir-
teen of these were in the Eastern
district, five in the Southern dis
trict and II in the Western dis
trict.
This condition is partly reflect
ed, some observers believe, in the
report released by the U. S. Blu
reau of Agricultural Economics
which reveals that farm cash in
come for the 10 months of 1898
was Sc, 1913, 900, 0O0-12 per cent be-
low the figure for last year.
Depressed crop prices, scarcity
of supply in some localities and
controlled prices at lower levels,
it is pointed out, have failed to
move these commodities to the
markets in freight carloadings,
which have been on the constant
wane during the year.
The Washington times., 1938-11-29
Washington Stocks

SALES
Capital Traction SIS, $500@83R.
Potomac Electric 5l2s pfd, 100
lis, 8@115.
Capital Transit Co., 1852.
Washington Railway and Elec-
trio pfd.. 5@11412, 10@11412, 100
114R, 10@11412, 10@11412, 100
114k, 2@113A.
AFTER CALL
Washington Gas Light pfd., so
@1O47s.
The Washington times., 1938-11-29
RAIL INCOMES
REPORTED CUT
ALMOST HALF
Returns of 81 Roads
Below Expenses
BY RICHARD R. BAKER, JR.

One hundred ana thlrCy-SeVen
Glass I railroads of the United
States had a net operating income
of $273, 7O9 900 during the first 10
months of 1888, it was revealed to-
day in a report of the Bureau of
Railway Economics of the Associa-
ton of American Railroads. The
net return on property investment
was 1.24 per cent.
This figure compares with a
1881 ,689, 942 net operating income
in the same period of 1887 when a
return of 2.42 was made on prop
erty investment. In the same
period of 1880 the net operating
income was more than $750,000,-
900,
The Washington times., 1938-11-29
DOLLARS PER
SHARE

prices paid shippers - Net FOB.
WashinEtonD BY the [. s. Bureau of
Agricultural Economics, Washington, ID.
C., Tuesday. November 80, 1881
The Washington times., 1938-11-29

"Ex. dividend. books closed +Plus
extras. e2 per cent extra. f2h per cent
extra. h7Bc extra. gS14 extra paid No
Vember 80. 1897. k30c extra. m$3 extra.
p6oe paid September 20, 1888.
The Washington times., 1938-11-29

often research. We have been
pridinp OURSELVES on the strides
Imperial Valley press., 1938-03-20
FILA. Offers
Land Planning
Service

WASHINGTON, D.C.-A service
rendered to new home buyers under
the Mutual Mortgage Insurance
Plan of the Federal Housing Ad-
ministration which is not generally
known is the careful and painstak-
ing check by the Land Planning
Section of the FILA. of factors that
effect the desirabiliy of sites and
neighborhoods for homes eligible
for mortgage insurance, it was
pointed out today
This is no specialized service,
according to officials, ana is not
done for individual cases, but lies
in the method of subdivision review
to make sure that certain minimum
standards are met before the Hous-
ing Administration will grant
mortgage insurance. Factors i'm
portant to any home or neighbor-
hood, usually overlooked by the
average citizen, are weighed and
tested by qualified experts so that
the buyer may have the assurance
that If a property is eligible for
insurance, he may be confident that
the necessary and fundamental con-
siderationS as to location, site, and
basic planning have been fully gone
into.
Careful attention to land PLAN
ning' and neighbdrhood factors
greatly benefit buyers and greatly
enhance the value and INABILITY of
properties.
Imperial Valley press., 1938-03-20
Over the Back Fence
= By
FRED AMES

One of the first things which
any student must learn is to diffe-
rentiate between a statement of
fact and a statement of opinion
OF course those who essay to in
struct others should always be very
careful not to offer a personal opin-
ion as a statement of fact, but Of
tentimes we forget to make the
distinction clear. If the student
has confidence in the instructor he
will naturally have some respect
for his opinions, but he should still
recognize that he is free to draw
his own conclusions in regard to
that particular matter. TO illu-
Strate, if I say that a certain palm,
is the Phoenix Canarie or Canary
Island palm, that is a statement
of fact. But when l say that the
Canary Island palm is the best or
namental palm which grows in
southern California, then | am
stating personal opinion
with which many people will diff
fer, as they have a perfect right
to do.
There are a number of reasons
why I perfer the Canary Island
palm to all others for either park
or home planting. With its wider,
leaves it gives more shade
than any other palm, it has no
drainage problems as it will grow
and thrive with its roots constantly
in water if necessary. Upon the
other hand it will do we'll with very
Imperial Valley press., 1938-03-20
BEAUTIFICA ALTON AND r
BUILDING d y
Construction
Of Hospital
Com mpIeted

New building in Ell Centro was
at a standstill during the past week,
according to contractors of the city
but it was generally agreed that
the FILA. program would speed
home construction before the end
Of the month.
Work on the public library con-
tinued at fast clip with founda-
tion work for the addition complet-
ed on Saturday.
The Alice Harrison residence at
Tenth and Olive streets, is beginning
to take shape. Work on the struc-
ture is moving long ahead of sched-
ule.
The county hospital addition was
completed Saturday more than
three weeks ahead of schedule. The
addition will be put into use as soon
as the medical supplies arrive from
the coast
Imperial Valley press., 1938-03-20

little water if it must. The Canary
Island PLAN has a round, smooth
symetrical trunk when properly
trimmed not marred by the un-
slightly off-shootS which are a per-
petual nuisance in the commercial
date palm. And best of all it is a
tree which does not quickly grow
old. No Canary Island palm has
ever yet died of old age in southern
California, and I know of some
which are known to be more than
hundred years old. When you
plant a Canary Island PLAN you
are planting shade and beauty for
future generations as well as for
your own.
There are those who think diff
ferently, but my personal opioion is
that the planting Of the CONNER
cial date palm GPhoeniX dacylif-
era) for purely ornamental pur-
pose is a mistake. There is no place
where a commercial date PLAN
could be used for ornament or
shade, that Canary Island palm
would not serve the purpose better.
One of the most graceful and at
tractive palms grown in southern
California is the CocoS plumosa, or
Queen palm The foliage of the Co
cos plumoSa palm is rather tender
for our summer sun in the Imperial
Valley and I doubt if it will ever
be grown here with great success.
However if planted in a location
where it would be protected from
the afternoon sun by larger trees
it might do fairly well.
The CocoS AuStralis or Austria
liam Pindo palm is one which I
have not seen here but which I
believe might do very well. 1t is a
rather small PLAN, never growing
to more than ten or fifteen feet
in height, and having long, grace
fully arching leaves of a poWdery
blue color. Its fruit is borne in
punches similar to dates, but the
berries are round, very juicy, and
have a piquent, wine like flavor.
The various varieties of fan
palms while not of much value for
shade, still have their place in the
sun. Our southern California land
scaping would lose much of its
charm without them. While a
Dracaena palm { Dracaena Austria
lis) with it long sword like leaves,
will give just the right touch to
compete the picture. if you have
Spanish or Mediterranean type
home.
Imperial Valley press., 1938-03-20

III Garner analyses, decllneS were
intermiXed with considerable in
crease in some areas, the Board
declared, but February reports
show costs downward in Is out Of
% cities in comparison with No
Vember, 1887 For the first time
since the full effect of the rise in
the general building price level be-
came evident late in 1886, one city
reported the cost of constructing
the standard home was below the
level of cost in the first three
months of 1896.
The boards findings, published
in the current issue of the Federal
Home Loan Bank Review, stated:
1T is particularly significant that
February building costs in tour
cities were below costs in these
cities for February, 1887, and in
one city, Little Rock, Ark, were
below costs for February 1885,
The small-house building index
in the Review showed that the first
signs of a halt in rising building
costs appeared in July, 1897, con-
firmed by a leveling off of costs
reported from two other groups Of
cities in August and SEPTEMBER.
Between October and January, 1898
fluctuations were more violent than
usual, with the general trend, how
ever, toward reduction in costs.
Reduction in the cost of mate
rials generally was ascribed to low
er prices of materials, although
in January labor rates were lower
or unchanged in IA out of 18 cities
surveyed.
Imperial Valley press., 1938-03-20
Ranuncula Plots
Suggested as
Welcome Beds

Identification committee of the
Chamber of Commerce Post Press
campaign, today suggested that Ell
Centrans plant small three-corner-
ed plots of ranunculas on that sec
ton of their lawns meeting the
public sidewalk and the private
walk.
The plots, according to the com
mlttee, would serve as welcoming
beds. The idea was stimulated bv a
plot OF flowers at the Harold Hunt
residence on Olive street
Imperial Valley press., 1938-03-20

to aid valley residents in formation
of plans to build new homes under
the Federal Housing plan.
Davidson will make his head
quarters in the chamber of com
merce offices.
Davidson, in writing to the valley
to make arrangements for his work
in Ell Centre, commented the Ell
Centro council and the Ell Centro
Chamber of Commerce housing
committee for their splendid work
in stimulating public interest in
the FILA plan.
Imperial Valley press., 1938-03-20

YOU haven't read ALL the NEWS
until you READ the ADS!
Imperial Valley press., 1938-03-20
REQUIRE N + NTS
IN FILA LOANS
NOT L.ESSENED

WASHINGTON, D.C.-Liberaliza-
ton of the National Housing Act
through recent amendments will not
moderate the requirements of both
borrower and lender who avail
themselves of the benefits of the
insured mortgage system, according
to Stewart Mcdonald, head of the
Federal Housing Administration.
Specific reference was being made
to that feature of the new amend
ments enacted last February 3
which reduced the minimum per-
missible down payment or equity
requirement from 20 to 10 per cent
ON newly constructed houses ap-
praised at $4,000 or less.
Conceding mortgages which are
now insurable up to 80 per cent
entail a greater risk, Mr..
pointed out, however,
this liberalization is surrounded by
certain safeguards which have been
set up to protect it both in the
law and in the Administration
which together consti-
tute the stabilizing influences.
Imperial Valley press., 1938-03-20
MARRIAGE LICENSE

Raymond Aloysius Bray, 80, Yuma,
and Beulah Broadhead, 33, Selma,
were granted a marriage license at
the county clerks office Friday.
They later were married by Judge
John E. Simpson in Ell Centre JUS
tice court.
Imperial Valley press., 1938-03-20
HOST
FOR DINNER
WESTMORLAND NOTES


Mr.. and Mrs. I. H. Gentry were
hosts at dinner Thursday night for
Messrs and MeSdameS j. C. Ram
saur, G.. T. Randolph and r. P.
Hatch of El Centre Bridge fol-
lowed the dinner.
Mr.. and Mrs. r. C. Cartwright
motored to the coast for the week
end to attend the wedding Of Cart
wright'S brother.
Mesdames Glen Killingsworth.
Ted Cox, Aubrey Lee and r. Lambe
met at Mrs. Lambe's home for
bridge Tuesday afternoon.
Recently the Open Forum club
met at the Aubrey Lee home for
discussion. Frank Johnson was the
evening speaker.
Imperial Valley press., 1938-03-20
go Days Granted for
Kidnap-Slayer Appeal

CHICAGO, Mar. 10. CUP)-Fed-
eral Judge John p Barnes today
ordered John Henry Seablund exc
cuted April l9 for the kidnap-s -slay-
ing of Charles S. Ross, but imme-
diately granted 60 days for per-
fection of an appeal to high courts
based ON the allegation that the
Lindbergh kidnap law is unconstitu-
tional
YOU haven't read ALL the News
Until You've Read ALL the Ads.
Imperial Valley press., 1938-03-20
MAGGIOS PLAN
COOLING ROOM

Construction of banana cooling
room at 100 Main street at an esti-
mated cost of $1,000 is called for
in a building permit issued at the
city engineers office Saturday to
Maggie Brothers.
Imperial Valley press., 1938-03-20
BUILDING COSTS lN CALIFORN
F. H. A. Expert to be in {. {.

II. V. Davidson, FILA. expert,
Will be in the valley on March 30,
according to Robert Hays of the
Ell Centro Chamber of Commerce,
Imperial Valley press., 1938-03-20
Construction Price
OF Standard rsones
Far Below '36 Level

WASHINGTON D. c., March 19.-Bulding costs in
California we'll throughout the country have turned
definitely downward confirming the trend noted in scat
tered sections since the early fall of 1887 the Federal
Home Loan Bank board reported today.
Imperial Valley press., 1938-03-20
DIVORCE DECREE

An interlocutory decree of divorce
was granted in superior court Fri
day to Freda H. White from Charles
c. White on the grounds of wilful
neglect.