Richmond Times-Dispatch from Richmond, Virginia • 13

Richmond Times-D is patch: Monday August 101931 Thirteen Business Shows Gradual Quickening In Preparation For Fall Trade i Alabama Pistol Duel Results in One Death TurnoverSmall Increase Shown OnCurbMarket In Bank Debits Aiisust Trade Recurrent Weakness In Rails Features Bond Market Trading Shows Effects Ferry and Lewis Bates were struck by built McCollum said the Shooting took! place at Tothcrowli Comp a river re-! sort Totherow told him Knight left! the camp early this morning when he wss requested not to create a disturbance but returned a abort time! later slipped behind tha counter and' opened fire Times-Dispatch Classified Advertising Rates Cash Rates Consceatlvs Days Count 0 words to tfao Una 1 time 1 time Of Depression For Last Week For Past Week Downward Movement Is Unimpeded and Large Number of Investment Issues Reach Low Levels Turnover Generally Limited Principal Stocks Yield Jump oi 30 Per Cent Over Another Seriously Injured Two Bystanders Hurt BIRMINGHAM ALA Aug -Vt) A pistol duel ta a dance hall near Taylor's Ferry about thirty-flva southwest of hen early today resulted in the death of one participant tha serious wounding of another and the wounding of tiro bystanders David Knight 51 who officers said barricaded himself behind a counter was killed as the bullets tore splinters from the crowded dance floor ending terrified couples scurrying for Heavy Lines Are Still Subdued But Revival Is Seen in Leather Woolen Trade Monument la Unveiled Here' at Grave of Aaron Shapiro A monument at tha grave of Aaron Shapiro far Sir Moset Montlflore Cemetery waa unveiled yesterday morning with appropriate eeremonlH Mr Bhaptr who died last year was 51 years of ago and was considered here as an authority on tin Talmud and Jewish history Steel Hits Bottom Automobiles Expected to Show Further Reduction Totherow 55 said by County Investigator McCollum to have been Knight's opponent in the duel was seriously wounded and Malth insertion Cancellations Ads ordered for more than on Insertion may be cancelled before expiration ana chars will be made only for dsye ed appeared Errors In advertteemente should be re ported Immediately The Timee Dispatch will not be responsible for more than one incorrect NSW YORK Aug Recurrent weakness In rail Issues was the outstanding development of tha bond market test week The downward movement waa al-unlnteiTupted and a torge num-of Issues of various lnvastmem ratings reached new low levels for the year The average price for ten leading rail loan ended (he week at 99 which represents a net decline of two and two-tenths points for that period and tha most important factor in -the lose of one point in the average for thirty leading Issues which closed at 93A Nothing of a generally bearish nature for the railroads developed but the plight of the carriers on the whole te known not to he encouraging view point reflected in the action of nil stocks Another evidence of lack of buying interest in bonds appeared in the limited turnover in most groups The total sates on the New York Stock Exchange on Saturday established the lowest aggregate turnover for a short session since August 3 1030 at $3 355000 Trading on the other days broke no records but tha market as a whole waa never really active Foreign obligations provided many of the largest fosses Hungarian loans scored soma of the sharp declines and Ladn-American issues experienced a many also German bonds back and forth to close with irregular Changes The l-3s and 7s of the national Government were firm most of the time The lack of further complicating results following the reopening of German banks on Wednesday contributed some confidence to the situation Industrial bonds were alternately steady and' Irregularly tower Many of the mare representative ended the week with moderate Public utility loans were quiet moat of the time at steady prices Further evidence that (he tong awaited upturn in the bond market has not arrived yet appeared in the flotation of only 18750000 in bonds during the week Of this small total more then half consisted of municipal ns Such demand as exists for bonds te concentrated still on the strictly high grade issues among tha hard pressed rails of this description resisted the ward trend pretty well Scheduled sales of municipal Issues for this week show a large Increase over test week but this te but another evidence of the demand for gilt edge obligations Moreover many of them have the advantage of tax exemptions which Is an Important consideration for both large private and corporate Investments Closing Time will be received for the next morning until 9 AL Daily VERY LOW EXCURSION FARES August 15 22 23 20 September 5 12 October 3 to points fat the Carolina Georgia FLORIDA Liberal limits and Stopover Privilege For reservation Information etc call Robertson A 801 Main Street Phono 2-1002 ATUNTIC COAST LIKE the only city on the list Showing an' increase Its total was 1J per ewt above last year Chain Stare Report In dollar volume of salts during July as compared with the same month last year were shown by eight chain store organizations operating in tha Richmond territory white gains were shown by four according to a compilation prepared by Merrill Lynch A Co In tha ton column were these companies with their percentage of decrease: National Bellas Hess 113 Western Auto Supply 3J Jewel Tea 11 Loner Store 74 McCrary Stare 3J A Grand-Silver Store 19 8 14k and Sear Roebuck 10' In the gain column were: Walgreen ISA per cent Increase Grant A Neisner Bra 8J and Wool worth 1A Previous Week Reported for Twenty-Four Centers Debits to Individual bank accounts in ths Fifth Federal Reserve District as reported to the Federal Reserve Board by banks In twenty-four centers amounted to 9388943000 for the week ended August 5 This was an Increase of 30 per cent over the $331- 150000 debits of the preceding week and a decrease of only 4 per cent from the 1301513000 debits of the corresponding week ended August 1030 Debits reported by banks In the City of Richmond alone amounted to 136815000 during the week ended August 5 os compared with 124555000 for the preceding week Aggregate debits for the 360 centers reporting throughout the country were (9511375000 as compared with $8- 153622000 for the preceding week and $13817995000 for the corresponding week test year Earnings Increased Seaboard Public Service Company a subsidiary of the National Public Service Corporation reported consolidated grot earnings of 815205180 for the twelve months ended June 30 compared with 914520094 for the corresponding period a year ago or a gain of 41 per cent Net Income available for retirement and dividends on the preferred and common stocks of the Seaboard Public Service Company was 83821110 compared with 12698292 a year ago an Increase of 49 per cent For the quarter ended June 30 this year gross earnings of subsidiaries totaled 84028870 compared with 3786438 a year ago Bank Clearings Off Bank clearings far Richmond during the week ended August 7 totaled 936509009 a decrease of 257 per cent from the corresponding week last year according to reports submitted to Dun te Co This compared with an average decrease of 372 per cent for twenty-two leading American cities Baltimore was Ground Due to Uninspiring Industrial Reports By John Cseiey NEW YORK Aug Quoted values of many principal curb market stock yielded ground moderately last in response to the uninspiring reports from Industry and the absence of buying interest on the part of professionals and public alike Turnovers were small throughout tbo period Declines wsn largely without special significance except a measure of tbs apathy that prevails at this midsummer period Noteworthy news developments affecting thb market directly included the Standard Oil of Indiana dividend eut accompanied by a break in the stock The reduction however appeared to have been fairly well discounted by earlier selling of the shares and considerable short covering appeared Cities Service yielded num than points during the week reaching the record low of 1 9-1 In a large turnover on Friday Fox Theatres and General Theatm Equipment preferred were soft specialties affected by the heaviness of Fox Film and reports that unfavorable dividend action was in prospect for the tetter A handful of utilities showed i firmness notably Utilities Power and light reached a new high early in (he week but subsequently reacted American and Foreign Power warrant! were heavy and easiness characterized the market performance of such shares as Etectrie Bond American Superpower United Light and others Racing Permits Seeght TALLAHASSE FLA Aug (AV-Tire Florid racing commission will meet here tomorrow to past on fifty-one applications for permits to operate horse and dog race tracks In the State during the winter season from December 1 to April The commission will issue permits ta all applicants who complied with the new state tew when making their requests prior to midnight July 1 and Found Ada- Death Kottcea received until 13 for insertion tha next morning 5 Saturday For Sunday Insertion Use Times-Dispatch Classified Ads Dial 3-34-31 FOB QUICK BEIULII rTs lujIfDn dy? Harris Thinks Elevator Speed Roosevelt Will Limit Removed Re Nominated In Safety Code a SB (Pa GESj DS Announcements Deaths I Died at her residence IS 8 Belmont Ave Saturday August 8 at 1 JO Martha Evan in the 52nd year of her age Sbe te urvivtd by her husband William two daughter Sarah Louis and Anna Dudley Evans one eon William Evan Jrq one Bister Mr Minnie Davis on brother Nix Funeral from the residence Monday at 2 Interment la Oakwood Cemetery Died Sunday August 9 1831 at 3 at the Memorial Hospital Robert Green aged 91 yean Betides his wife Virginia Alston Green he is survived by five daughter and four son alio on brother The funeral will take place Tueeday morning at 11 o'clock from hte residence Henrico County Interment-in Oakwood American Standards Association Announce New National Regulations J9UTHER ST iKPauec liinma'fm gepqqssI C27EMAIN FACE fried Saturday August a 1931 at 10 JO A at hte residence 1308 Hanover Avenue Richard Horse COOK JUST LEFT Georgia Senator Believes Chances of Governor Are Certain WASHINGTON Aug CV-6en-ator Harris of Georgia believe the chance of Governor Roosevelt of New York for tha Democratic presidential nomination "are practically certain and without opposition" In a statement made public here yesterday tha Senator said "even the Republican admit privately that if nominated he (Roosevelt) will most likely he elected" of Governor Roosevelt'S great strength" the statement continued "to due to his Independence In Governor Roosevelt- first public service as a member of the State Ben ate of New York he bolted the nomination of a United Staled Senator which had been brought about by Tammany and for weeks held up the election forcing the Democrats In the Legislature another senator" Ths statement pointed out that "many are urging tha nomination of Roosevelt as President and Senator Ham Lewis of Illinois os vtce-pml-dent both of whom are affiliated with Georgia" "Governor Roosevelt spends part of hte time et Warm it added "and Senator Lewie lived in Georgia until he waa grown" The senator accompanied by Mr Harris and Mtae Julia Wheeler Harris left Friday for West Faint They expected to can an Oovernar and Mrs Roosevelt at Albany after visiting the Military Academy When Oovernor Roosevelt was Assistant Secretary of the Navy during the Wilson administration Senator Harris served as director of the census and chairman of tha Federal Trade Commission NEW YORK Aug All speed limits for elevator are eliminated in a new national elevator safety code announced today by the American Standards Association Approval of tha code followed near-' four yean of research at tha United States Bureau of Standards and ex- tensive Investigation by a technical committee composed of thirty-eight representatives of architectural cngl-i nee ring governmental and other or- lanlzatlon The code has the force of a highly approved recommendation but it has no legal authority Experience shows however tint such standards generally gala wide usage The code alto permits the operation of more than one elevator in shaft thus removing one of tha obstacles to the erection of skyscraper the excessive space required for elevators It provides for two-story can In the same shaft and makes further provision for a new type of express-local system in which the muter express elevators will stop st only three or four main floors where passengers can transfer to locals There seemingly te little limit to the speed which elevators might theoretically travel safely but speeds probably will not exreed 1300 feet a minute alnce passengers are uncomfortable under too rapid changes of air pressure in ascent and descent The fastest elevston now travel at about 700 feet a minute Many of them have been designed for greater speed but present legal restriction prevent use of that potentiality 63 year Besides bis wife Ins Lacy Pace he is survived by three daughter Misses Mansi Ins Allens end Edith A Pace three eon Malcolm Hone Pt4 and Henry Clyde Pace three sister -Mrs South worth of Fife Vs Mr Vernon Slayden of Goochland Courthouse and Mrs Rodgers of Church Road also three brother Tucker Eddie and Joseph Pace of this city The funeral will take place Monday afternoon at 4 o'clock from the above residence Interment la Rlvervlew Entered inwfSrtlttTfTSS Friday August 7 1931 at tha Memorial Hospital George Pom-frey aged 64 year He is survived by three daughter Mr Mora Bern Misses Lucy and Elizabeth Pomfrey two sons Red and Georg Pomfrey four sister Mr 8 Wright Mr A Bailey Mr Justice Bailey and Mr Gary also sixteen grand-i children Remains era at hte reel- dene 1004 1-3 North Twenty -sixth I Street Funeral asrricea from St Paul's Church Monday August 10 et 4 Interment In Oak-wood Cemetery Death Katies received too laid tar elauificetton on Fag 1 Mourning Goods 4 LOWERS -All occasions Swineford Florist Hull et 16th Dial t-S18j Special Notices 64 Information wanted as to -whereabouts of heir at tew and next of kin of Charles Crowell wha lived tn the Blue Ridge Mountain Virgin! about forty-three years eg and who died a resident of Bloats-burg Rockland County Mew York on June 15 1931 Addi and I need another at once Will you write me a 1 Help Wanted ad please? I think that states my requirements clearly enough I suppose the replies will begin to come in just as soon as The Times-Dispatch is By Clult A Jagger YORK Aug Worn down by months of subnormal sustenance general business haa been unusually susceptible to the enervating Influences of August but despite widespread Inertia the first week of the month has brought a gradual quickening In preparations for the auburn trade Heavy lines such as metals and coal rsiflkin much depressed with quiet accentuated In coal by labor Roubles but the remarkable revival the leather and woolen trades is well maintained and wholesalers in the main report Improvement in buy-bg for autumn although the extreme caution with which retailers are lay Ing their plans is still complained In contrast with the first week of August last year then has been no wch inspiriting development as the widespread lewmptlon of activity of the automobile manufacturers The motor makers on the contrary continue at hall capacity or less On the other hand there has been no such untoward development as the widespread and alarming drought of a year ago It is true that some States hsvs suffered from lack of rainfall to which has been added the plague of grasshopper but the damage has been limited compared to a year ago The steel industry is scraping along the bottom levels of the depression Latest estimates indicated a reduction in ingot output from S3 to 30 per cent of capacity after the step-up from 30 to 33 a week previously In the first week of August last year steel output slackened from 4 to S3 per cent of capacity July statistics Indicate the smallest iron and steel output since 1931 despite the marked expansion of capacity in the past decade With automobile output for August expected to show further curtailment from July with construction in the aggregate extremely quiet and the railroads spending as little money on equipment as possible the steel trade is not looking for much immediate change The woolen and wonted divisions of fie textile industry continued to provide considerable cheer with a b'h rate of activity The garment trade generally reports more activity In preparation for -autumn There haa been a seasonal decline in cotton mill activity but during tha paA week the slackening has been moderate compared with the usual slowing up in cotton at this period There has been a little less activity in the hide markets and prices have reacted a little but shoe makers generally arc maintaining their high rate of output A little slackening has been reported at St Louis Commodity prices is the aggregate have tagged during tha past week with wheat recording an unprecedented low and cotton selling at new lows since the World War Wheat futures rallied rather smartly toward the close of the week however and a distinctly more bullish attltuda haa begun to spread through the grain trade While It Is acknowledged that no malic restoration of price In prospect then ta a feeling that tha most drastic depression in the wheat market in recent times has about worn itself out Confident expectations of a substantial cut in acreage In the Southern hemisphere and slack interest in sowing the new winter crop at home are painted to as offering real hop that tha wont may be over freight car loadings a reported for the week ended July 35 made a distinctly advene showing with a further reduction of roughly 15000 cars Special influences however seemed to hare accounted for part of thb gloomy report There waa a marked contraction in tha movement of grain as shipments were apparently deferred pending a freight rate reduction An gust 1 Electric power production continues to bold within about 3 per cent level of a year ago Pricea have firmed a little in tha petroleum trade reflecting tha spectacu lar closing down of wells by Governor Murray of Oklahoma The recakl trant Cast Texas producers seem to bs getting the benefit of the firmer prices rather than Oklahoma but sentiment in favor of voluntary curtail ment growing there white the Texas legislature labors with a measure to make proratlon effective The copper market remains virtually at a standstill Soma metal is of fered at tha record low level of 7 1-3 cents a pound white tha export price holda at cent! buying apian and several of tha larger producers are staying out of the market entirely at these prices Winn Case Hearing to Be on Wednesday DANVILLE VA Aug Doubt prevailed today whether the Rev Arthur Winn who faces eleven misdemeanor chargee will be tried on Tuesday White the warrant la Indorsed "set for August 11th" and the case la on Police Magistrate Carter'S calendar for next Tueeday Attorney Harris said today that tha hearing would not ho held before Wednesday Two Treated for Automobile Injuries at Memorial Hospital Bernard Llnwood Garber 54 of the 1700 block North Seventeenth Street was admitted to Memorial Hospital last night with a fractured kg said to hsvs been received when ho was struck by an automobile near Me-chanicsvilte Ho waa brought to the hospital by Baughsn of the 1900 block Third Avenue A Matthew 94 of Hanover County waa treated for slight injuries suffered when ha waa knocked down by an automobile driven by a minor at Twenty-ninth and strreta yesterday afternoon Left te Visit Ben Mr Andrew Johnston of 217 North Boulevard left test week for visit to her son Andrew Johnston Jr of Harrisburg Later she will visit Dr and Mrs Johnston st tfaetr cottage at East River Conn Streets Committee of Council to Meet nelius Mabony Slostsburg Rockland County NewTork RlNDEHOARfkN (MvateV West End wanted by primary teacher seven years experience 3 to year 4-8783 fkaVEL cheaply wgiatsr for seats la Private automobiles Owner' list your extra teste going any pise Auto Travel Exchang 120 Eighth 3-1934 HAvk seats for 4 August 11 Wash-Ington Baltimore Philadelphia Au-gust 15 Miami S-3S41 Think of This! le Your GH louse for A New One We can do this! Call at on co Ralph Dudley 2-SS03 Blake Dudley Inc REALTORS 20 Xorth Eighth Street Sewer Measure to Come Up at Seaeion Today i i A measure providing for the but si- lation of a sewer In Potter street he- tween Seventeenth and Sussex streets will be considered by the Streets Com- mtttee of City Council at Its Au- gust meeting at 5 o'clock thte after-! noon and three resolutions concerning alley improvements will he taken up by the committee The committee hat been Baked to authorize the opening! of an alley In the block between Bain- i bridge Porter Eighth and Ninth: streets to eerve (ha houses fronting on Balnbridge and Ninth street Reso-' iutions providing for grading In an alley from Brauer Lane to Fairfield Street between Roger and Nineteenth street and tha acquisition of tend to widen and open an alley In the block bounded by Balnbridge Ctopton Wise and Toler streets are on the calendar The sudden departure of a cook or maid may seem a big problem to some but not to those who are acquainted with the speedy service of The Times- Dispatch Classified Department They know that reason for the smile in the voice of the ad-taker who answers and that reason is the knowledge that the ad she is writing can bring satisfactory- results Six Persons Injured in Explosion at Detroit Three Houses Wrecked In Blast From Gas Tank Classified Advertising is the happy solution to many domestic just call DETROIT Aug An explosion which wrecked tlue house on the east side and Injured six per sons test night was attributed by po lice today to a gss leak In one of the house Police said they had accounted for all of the persons known to hare been in the danger area and had abandoned their search far bodie The most seriously Injured are: Patrolman George Earl 30 who was between two of the house when (he explosion occurred and Sir Ousts vo Bunsen who with her husband and their 9-year-old son live in on of tha wrecked house Earl with Patrolman Arthur Hart-sig 25 had been sent to the vicinity Investigate tha odor of gas and patrolmen were between two os houses when the blast occurred rTLBEBT AUCTION CO Sale Sods Fountain Back Bor Wall Cases Show Case Table and Booth two Cash Register Scale Iran Safe Kitchen Equipment small unount of Stock AT AUCTION TUESDAY AUGUST 1L lttl IM SI I wUl sell on premises 34 North Seventh Street! (Corner Seventh and Frankllni Stock Confectionery and Lunch Fixture to be add to satisfy a distress warrant A Connelly and Arthur Chapmen vs Tito CrUetoU WILUARD 8 GILBERT AUCTION CO 3-34-31 Miscellaneous Shower Planned for Sirs Allen A miscellaneous shower In honor of Mr Alton will bo given by the Faith Ctrcte of King's Daughters and Son Tha 'event will be held at o'clock on Friday evening In Mr Alton's hem at the corner of Third and Canon Avenue near Stop 1 1-3 on the Petersburg Turnpike Following tha shower the semimonthly business session of the club win be held This meeting was pewt-poned from last month Is ttio the Little Orphan Annie AMB YV0KM Tha Letter I Knew ITl 1 TOtp NOU look! HONfcKGNfc- THNTSNrtfct OVC IN CHINK WE SKNS HES GOT GOO'fc OOfe IS OtN' HUNDRED "DOLLARS- TVUCT IT- SKIS VdONT -By Harold Cray T54KT CAM GO? I A TO HHH LOT O' I SttQNP QotmoMS- we kgo-nwi must HKvt RTOucvrrfiwts gons mis lETTtR FROM "PNWH- Hep KNOVJ YKWf IS KLL- KGWf H1NV Gfcfc V4HX- CO BY THOMPSON BROWN A CO CM Alain turret SALE TO HIGHEST BIDDER WESTUAMPTON HOME NO 19 BOBBIN ROAD (Near The Country Club) Lot 106 Am With Beautiful Hhade Tree By virtu of a dead of trust dated February 35 1928 and recorded In Henrico Circuit Court in deed book 943-C page 149 to the undersigned trustee to secure certain notes therein described default being made and being required ao to do 1 will sell at public auction on the pltlBilNL TUESDAY AUGUST 11 1931 AT I tost certain tract of land together with the Improvement tnerean containing 106 acre more or lee and designated on Pfo by Temple Waddlll civil engineer end surveyor dated June 4 i92- and aituated at the comer of Bobbin Road and Fairway View deelgnsted aa No 19 Bobbin Road For a more particular description special reference la made to the above -mentioned deed The Improvements consists of a modern homo containing a terra Uvlng room dining room eto library 4 bedroom 9 bath ell burner The homo te In excellent condition tlontns Prioue to the sale phono tha trustee or auc-TSRM8: CASH A liberal loon can be obtained from the auctioneer LEROY SHOWN JR BROWN te CO Trust Auctioneer.