davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1928-07-31
REACTION HIT 3
Trading on
NARKET

NEW YORK, July 81 IJneasi-
ness over the cali loan situation
and the loss 81 control over specula-
tive Borrowings by tho New York
banks caused reactiOnary price
movements III number Of the In
dtIsfrial stock favofites at the be-
ginning OF trading today.
1T was thought thai Withdrawals
of money throughout the day. hi
preparation for the August settle
ments, would be in large volume,
thanksgiving forward movements In.
the stock market The renewal call
loan rate was per cent.
Contamination Of the Dodge
ChrysIer merger WAS announced
after the close VI yesterdays mar
leet, but last minute stock 9narke
coup. III which 10000 shares Of
Dodge preference stock were ptr-
chased for the Chryslers interests,
was necessary 10 secure 80 per
cent approval az the merger This
explains the recent strength Ok the
Dodee preference stock over other
CLASSES 81 motor stocks involved In
the merger.
Wail Streets interest was ceEtered
III the reports Of huge profits made
III the merger deal BY the Dillon
Read and Company Banking House.
which originally bought Dodge
Brothers for $146, 00O.0O0, sold ap-
proximateIy s170 100000 III eecsIfi-
tiles of the concern to the public
and still retained control of the
company though Its holdings of the
T1nacN class stock which alone
The Washington times., 1928-07-31
n. Y. COTTON RANGE

NEW YORK, July BIZ Selling
attributed To Southern and commits.
sion houses caused q further de-
cline In the cotton market today.
Prices opened on q decline of is to
10 points. Pressure reflected weak
Liverpool and Egyptian markets
The weather outlook Is favorable,
with no rains OF Importance being
reported. During the second hour
more trade demand appeared in
evidence.
Prices during the second hour
were October. $20.51, down II; De-
cember, 5000, down Is; January,
$20.25, down II; March, $20.22,
down 16.
u, A. Pierce 4 Co.. estimate the
conditions OF the cotton crop as OF
July % at 1913 per cent against
6S.3 per cent last month. This
estimate indicates a crop OF 1910.
900 bales,
The Washington times., 1928-07-31
CHICAGO LIVESTOCK

CHICAGO. July gIIiye stock:
Hogs Receipts. 1900. Market
10 to 1sc higher Bulk. $3.50
11.25; heavy weight, $10.35 q I'D 5;
medium weight, $40. 10 III 40; light
weight, SfO01t.35; light lights,
Sd. 400 iii. 25 packing eOMs, $4,000
ITO ITO. pigs S9010.sO
Cattle Receipfs. 5000. Market
steady Calves Receipts 1000.
Market steady. Beef steers Good
and choice. SI5016s25: common and
medium. S9s50Gp14.50: yearllpgs,
y9. 5OW16.76 Butcher Cattle Iaeifl
ers. s9.50016.65: cows. ST.25@12:
bulls. S7@1I; calves, $f4@16: feeder
steers. sI0.5O@f2.75; stocker steers
$10012.25 etocker eos"s and heifers,
$7010. so.
Sheep Receipts. 1900. Market
steady. Medium and choice lambs,
$140I5.25; culis and common 81 q
u. 80; yearIings. s10@Iz: common
and choice ewes, $407s feeder
lambs, t13n15.75.
The Washington times., 1928-07-31
BAL TIMoRE LIVE STOCK
Union STOCK Yards. BALI

UNION STOCK YARDS, BALTI.
MORE. July al. Cattle. Receipts,
900 head; market steady. Steers,
choice. s14.25@15: good. s1s.5o@
IL: medium, s12.5001s.25; cont
mon, s10.50611; feeders and stock
ers, $s.25011; 1eifers. choice. $I2. so
6l3; good, s11.750l2.25; medium.
t11@11. SO; common, $90t0.50; feed
ers and stockers, $6.75@10; bulls.
good to choice, $S.75@9.50; fair
20 good, $8@8.75; common to me-
dunn, $708s cows, good to choice,
$9.50710.25: fair to good, s8@9.5O:
common to medium. $607 80.
Sheep and Lambs Receipts, 3, 600
head: supply moderate; market
steady. Sheep. $2Q6.50; lambs, So
015.25.
Hogs Receipts, 1,200 head; sup
ply light; market lower on light
and heavy grades. Lights, $11.71;
heayies. $11.T5@12; medium, 1920;
roug1ns, $7.25nI0.25; light pigs. 50
61O; pigs. $1,000; Ohio and West
ern hogs 10 cents higher than
f14rf1f a ions
The Washington times., 1928-07-31
Drink Crazed Father
Kills Daughter. Self

HUNTINGDON, Pa. July 3i.--~
Domestic dlscord In the family OF
Phillip Gangemi IN Mount Union.
eliminated In the probably mortal
wounding OF his wife, the killing OF
Lillian, Is. q daughter, and suicide
OF the father.
Returning home under the influ-
ence OF liquor, Gangemi began to
upbraid his wife, and pulling az.
caliber revolver shot the woman
twice in the neck.
Lillian, the daughter, who cow
cred in a corner of the bedroom,
vas shot through the brain by her
father and died instantly.
Joseph, a 13-yaar-old son, sue
ceeded in wrenching the weapon
from his father, who then hurried
down stairs where he found an
Army revolver and shot himself
through the brain. He died in two
hours in a hospital here. Mrs.
who was shot on either
side Of the neck, is lowering be-
tween life and death,
The Washington times., 1928-07-31
Judge Hailed to Court
By Highway Officer

YOUNGSTOWN. Pa. July Sl--
Magistrate Frank j. Clark, 4 terror
to eyiIdoers. found himself on the
DEFENDANTS side OF the bench.
Clark went motoring toward Col
legeville and ran afol1l OF q highway
pa -rolman. The squire had left his
owners and drivers cards Ut home
He disclosed his identity. but the
patrolman. took him before Magis.
trate Schuren at Collegeville. where
he was held until Chief Of Police
EIier arrived from Norristown with
the necessary cards.
The Washington times., 1928-07-31
Two Youths Captured
As Thieves On Phone Tin

PHILADELPHIA. July 31.I'Wo
youths. who. police say, confessed
robbing another home iii the same
locality this week. were captured
by detectives after they had broken
q rear window OF the home of
Arthur b. otto and were about to
enter the house.
The capture followed an anony-
nous telephone call to the police
station that thieves were break king
into the home. The Otto family
Is out of the city.
The prisoners were held III 1880
tail each for u further hearing.
The Washington times., 1928-07-31
| Dan CON ROL
VIE NED As
URGENT
BY b a FORBES


New York bankers and the Fed
eral Reserve authorities have lost
control of the money market
That Is bald statement Of q
new condition which is recognized
as : menace urgently calling for
remedy.
Briefly. the facts are that cor.
pcrations. private individuals and
foreign interests have taken to
pouring millions upon millions
into New YorlS,s call money mar
ket. The total Of such loans, over
which neither the Federal reserve
nor the bankers exercise control.
mas reached $1,SOS $4,000.
That Is more than twice as much
money as an the New York banks
combined are lending on their own
account to brokers.
The amount put out by New
York banks for their banking cor
respondents throughout the couT-
try IS 1851, N 81, 900.
Some Short Sighted
Wherein does danger lieg Some
bankers take the shortsighted
view that the less said about
this whole matter the better.
New York. happily. has one bank
er who isn't afraid to meet issues
squately. and who isn't afraid,
when occasion arises, to speak his
mind. This banker, Charles ~.
Mitchell appropriately enough, is
the president OF the largest finaTl-
cial institution IN the United
States.
When { approached him on
the subject, he Indicated that he
did not care TO talk for publica-
ton because, he said, the clearing
house was investiga ting the mat-
ter with 3 view to reaching
decision as to what action. ii any,
should be taken.
After ii was urged upon Mr..
Mitchell that the hands of the
Responsible banking authorities
would be strengthened IL the
perils attaching to such a stag
gering total OF bootleg call
loans. Mr.. Mitchell consented to
- AAA kfAR
several Trends
The loans placed hv New York
banks. for others than correspon-
dent banks represent:
The form OF credit gafnst
which no reserve Is charged.
81 Lending BY class who
have no responsibility for the
maintenance Of stability in inter-
est rates and sound banking cons
ditioins
An enormous loan account
which win be the first to with
draw such ut the first sign of
any trouble. leaving to the. banks
the duty Of taking up the slack.
condition that may be fraught
with difficulties and with trouble
20 the community at large.
The entry in the field OF
credit DC class no small part BIZ
which has any adequate lxnowl-
edge Of what they are doing and
what they are rislking to be there
ct all.
S. "A wholly dangerous trend
An credit expansion which III the
interests Of the borrowers as well
as the people should be substanr
TALLY curbed
copyrigilt, 1875. By b. 6, Forbesl
The Washington times., 1928-07-31
Elk Governor Of Utah
Ends Life With Gun

SALT LAKE CITY, Utah, July
81 John 6, cutler, So. second gov
ernor of Utah and prominent banker
#of this city, WAS dead here today
AS the result Ok what police termed
self.fnflicted bullet wound IN the
head. Dependency over III health
and worries over personal business
affairs were said to have prompted
the act. The former governor was
found dying ia his garage by his
son.
week ago Cutler disappeared
from his office and was missing for
about "a hours. He was found II
4 local cafe and was taken 70 his
home.
The Washington times., 1928-07-31
LIVERPOOL C0TT0N

LTVERPOOII, July p0fs
were IN limited demand with prices
easier here today. Sales tota1ed
1000 bales, receipts 10000
Middling fair was quoted at 1870:
strictly good n1fds. IL .92d; good
n4ids. Ill 67d: strictly naids. 115Td;
rnfds, 11.47d: strictly low raids
III 32d: low nnids. 1I.I7d; strictly
good ordinary IO.s7d; good ordIs
nary, 10s67d.
Futures opened quiet with Oc.
t0ber at 10.78d; December 10s6Td;
January, I0.6Sd; March, 10.6sd;; IA ays
10. 6Sd.
Futures closed lower with October
at 10.6ed: Decenaber, 0.56d; jan
nary, 10.5Sd; March. 10.5Sd; May,
10. SD.
The Washington times., 1928-07-31
Capt. G. III. Reynolds Ends
3s Years AS ID. C. Fireman

rant. q. III. Reynolds. Of NO. ~
Engine CO.: az the Fire Department.
vas retired today BY the District
after thirty three
years OF service.
Private III. u. Neumayer. Of NO.
3 Truck. was retired after twenty
nine years service. Both firernen
are held physically incapacitated BY
reason of disability incurred il line
of duty.
Private John w. Cronie, Of the
Police Department. also was retired.
He has served twenty years.
The Washington times., 1928-07-31
BALTIMORE GRAM MARKET

Wheat---Lower: No. 2 red winter,
sarlicky, domestic, $1.31: receipts.
1921 bushels: shipments, 1910
bushels.
COMMUNICATED No. 2 yellow,
domestic, $1.2391.24 bushel; re-
ceipts, 2,928 bushels; shipments,
i .372 bushels.
Oats Quiet; No white, do
nestle, old, 74Q75c bilshel; No. 3
white. 75@74c bushel: receipts, none;
.ainmerlts. L 1903 bushels.
The Washington times., 1928-07-31
Fishing for Trout,
Hooks Mink on Line

HAZ LETO N, Pa, July s1.--
While trying to induce trout to
bite. Wilbur Spade, Of OakdaIe, min
Ing village near here, caught an
animal on his hook which sports
men say Ia a mink.
He said there were four others
Of the same species In the stream
which y n the Poconos.
The Washington times., 1928-07-31
CHICAGO GRAINS

4 CHICAGO, July 81. Grains were
uneven iii early trading today.
Wheat eased x to lie after q
steady opening on commission
house selling and favorable wealth
er conditions. Buying buyers WAS
moderate. Liverpool was I'D N
to va.
Trade iii corn was mixed and
Oats were unchanged to &c higher.
The Washington times., 1928-07-31
Pennsy" Stock Issue
Authorized by /. C. G.

The Interstate Commerce Commits.
sion today authorized the PennsyI-
vania railroad to issue $17,500,0O0 of
capital stock, consisting of $4,000.
shares OF $50 each, too be offered to
the roads officers and employees.
Employees may purchase up to 10.
shares. The proceeds will be used
for corporate purposes.
The Washington times., 1928-07-31
BOARD
DISCUSSED BY
RlIEEYSER
By MERRYLE s. RIIKEysER

BY MEKKYLE s. RUKEYSER
NEW YORK, July 31.--It is
part Of human nature ia seek
supernatural forces which can
rise above risk and chance ana
accomplish definite detectives.
ln wall Street, many have been
inclined to look upon the Fed
eral Reserve authority as an ire
slstI0le force. Thrice this year it
has caused episodes az LIQUIDATION
IN the stock market. incidental to
efforts to check the flow 81 IN.
duly large amounts 81 hank credit
into speculative Channels
The recent creeping advance III
stock prices after the decline last
month raises the ouesfin,, ~ NOW
permanent ~ the Federal Reserve
influence?
Questions Answered
Answers to these question: may
perhaps be found IN banking *.
perience In 1928, III Chapters 81 Ii.
nance which have thus Tar only
been partly written.
In 4 specific situation TIE power
o. the central banking authorities
Is paramount, and experienced OBJ.
orators recognize the futility Of
opposition. However, distinction
must be made between short term
and long term influences. Federal
Reserve policy can achieve It's
ends infallibly for short periods,
but over longer periods OF time I'M.
DERIVING economic facts such as
the status 0f gold reserves, the
volume 0f international and d0nnes-
tic trade, the generation of fresh
capital. the trend ~ industrial, AZ
ricultural and commercial profits.
and success Of management ia in
dividuaI ventures viii overlap arr
tificial restraints, and prove d0ni-
nart.
Attains Objective
In specific terms. the Federal
Reserve objective has been to
check the flow Of bank credit into
brokers loans. IL has been far
more successful FL doing this than
the total volume Of brokers' loans
indicates. New York banks, which
are always most sensitive to haste
banking needs, have drasticalIy
cut down 81, brokers loans ana
nllt.Oft0Wn banks though not re-
ducing their loans coInmensurately
have checked the expansion This
banking correction has been offset
pretty much by the expansion Of
outlaw loans from nonbanEIng
sources from wealthy individuals,
corporations and foreign govern
ments.
III the idea of the Federal
Reserve MAS % step beyond its
technical responsibilities and dis.
courage initiation 81 stock prices,
fl must be granted that loans
from nonbankfIg sources con-
tribute equally % speculation.
The Washington times., 1928-07-31
SUES FOR AUTO HURTS

William Toney, OF the 5000 block
Conduit Rd. N. W., was sued for
SIS 900 damages by Josephine Tram.
nell. of the 600 block Irving St.
n. W., for personal injuries alleged
20 have been sustained when she
was struck by the defendants auto
mobile on October 26, 1926. She is
represented by Attorneys Bramhall
and McCabe.
The Washington times., 1928-07-31
SUES C. & O. Rail WAY

Richard w. Jackson, railway
postal clerk of Richmond, Va, has
filed suit for $4,000 damages against
the Chesapeake and. Ohio Railway
Company. He alleges in the petition,
filed by Attorneys Bramhall and Nc
Cabe, that he was injured when 4
skid board, sused in freight handling,
fell off a platform.
The Washington times., 1928-07-31
WOULD REPAY FORD.

The Detroit, Toledo and Ironton
Railroad today applied to the Inter
state Commerce Commission for
authority to issue 100000 of per
cent gold bonds to be used to re-
fund existing obligations to Henry
Ford. owner Of the road.
The Washington times., 1928-07-31
BURNED 70 DEATH

WILKES. BARRE, July ST. Eliza
beth Smitoski. three years old.
daughter OF Mr.. and Mrs John
so severely when she set fire 10 her
clothing with matches that she died
In . hospital.
The Washington times., 1928-07-31
CT Earring HOUSE REPORT.

NEW YORK, duly Bill. Clearing
House statement: Exchanges. $ls,
263. 600 900; balances, $12I000 900;
Federal Reserve Banks credit bal
ance. $SS. 900, 900.
New Britain herald., 1928-11-01
SEEK LONGo REGARDING
 MURDER OF PATSY ROSE
Was Shot Through Head ia Front of Bridecport Lodg-
 ing House.

Bridgeport. Nov. l (UP)-Baffled by lack of clues. police today were seeking Peter Longo for question: ing in connection with the mys- terious murder of Patsy Rose, 3S.
 Rose was shot through the head in front of his lodging house late last night Subsequent investigation revealed Longo. roomer in the same house. had disappeared.
 Police questioned James Stafford. who heard the shot. Stafford said he was playing piano in . room on the ground floor when above the sound of the music he heard the bark of . revolver. AS he turned toward the front of the house from Whence the sound came. he said. a shadow crossed the front window.
 Stafford called the emergency hospital and police. When he ran into the street there was no ono in sight and Roses body waa sprawled on the sidewalk. face down.
 A revolver was found beneath the body but the first theory of suicide was abandoned when 1t was discov- cred that the gun had not been dis charged. It was thought Rose might have drawn his revolver to defend himself against the murderer but died before being able to use 1t.
New Britain herald., 1928-11-01

safely.
 Twenty minutes elapsed and then the airship again appeared over the airdrome. The motors were shut off and she was stationary. Dr. Ecke- ner sent . radio message to officials asking that tho crowd be forced back to facilitate berthing the craft. A landing crew of two hundred stood by.
 Representatives of the federal government and various states were at the airdrome to welcome crew and passengers.
 Nose Goes Down
 At 7:02 2. m. the Graf Zeppelin turned her nose toward the hangar and began to descend slowly. Haw. sers were thrown out and the land irg crew rushed to grab them. Two minutes later they were pulling down the ship. At 7:06 the craft was brought to . halt | few yards above the ground. Then the ground crew began to walk her toward the han gar while passengers crowded at the windows and the bands played. At 7:30 q. m. the huge air liner was berthed in her hangar and the first commercial transatlantic flight was history.
New Britain herald., 1928-11-01
Going Up!

Nightly, now, her smile is winning new hearts all over America. She is lovely Corinne Burton, whose New York home is the New Weston Ho- tel. Her march to fame includes a season each in ''The Music Box" and The Scandals" and now, Under Chas. Bowers direction, she's going up in the movies!
 T don't believe in overlooking any point which may help make your presence pleasing" says Miss Burton. Recently. I learned the method of caring for the hair, which is all the rage among New York girls. now. It's so easy. All you d9 it put . little Danderine on your brush every time you arrange your hair. It makes my hair so easy to dress and holds it in place wonder fully. It has gotten rid of my dan- druff. It keeps my scalp and hair SO clean and comfortable that I don't shampoo half as often as I used to. It gives my hair such a silky. soft and lustrous appearance that friends comment on it."
 Dan lerine is not oily. It removes the oily film from each strand of hair, restores its natural color, gives it new lustre. It dissolves dandruff, cleanses and invigorates the scalp. It b delightfully."- fragranced. All drug stores have the generous 35c bottles. Lovely, gleaming hair and | healthy scalp for a few cents.
New Britain herald., 1928-11-01
AUTO STRIKES WOMAN

Mrs. Edwin B. Hyde. aged about 45. of 120 Camp street, was struck by an automobile owned by Harry s. Appel of 27 Hart street and driven by Samuel E. Meshken of the same address. about 4:15 yesterday afternoon at Walnut and Arch streets. Meshken was backing into Walnut street and thought the road was clear. He told Ohicer Delbert Veley he saw a woman on the side. walk beckoning for him to proceed. but as he backed up. the car struck Mrs. Hyde. who was crossing from the Packard Drug corner to the opposite side of Walnut and Main streets.
 Oficer veley assisted her into the
New Britain herald., 1928-11-01
l84 HOSPITALS AND INSTITUTIONS
 ARE USING FATHER JOHNS MEDICINE
Old Fashioned Medicine for Cold. and Body Building Has Proved Its Value By
 73 Years Success

Father Johns Medicine is now being used in 1884 hospitals. and in- stitutions from coast to coast in the United States and Canada.
 During its B years of success in the treatment of colds. throat trou- bles and as . body builder. Father Johns Medicine has come to be recognized in a great many hospitals and charitable institutions as having great value. Because 1t Is guaranteed free from alcohol or drugs h any form, doctors recommend 1t.
 Father Johns Medicine Is high grade preparation of Cod Liver oil with other valuable ingredients. It builds new tissue and strength and gives power to resist illness.
 Doctors have known the value of cod liver oil for . great many years and have used it freely in their practice. Modem research has de-
New Britain herald., 1928-11-01

termined tho reason for Its value, and given 1t tho nanso of vitan,ins.
 It Is unqucstioned that cod liver oil, when given in palatable form such as Father Johns Medicinc, l. one Of the greatest body builders for those who are weakened or run down.
 The Matron of the Children's Home at Lowell, Mass. writes: T have 70 or 45 children here at the children's home constantly. When they are weak or run down I always give them Father Johns Medicine to build them up. They all gain rapidly under the treatment the medicine affords. Whenever they get cold or have a cough or throat irritation Father Johns Medicine gives prompt and sure relief" (Signed, Ellen OLeary, Matron. Chiidren's Home, Lowell, Mass.
New Britain herald., 1928-11-01
Log of Zeppelin
 On Return Trip
By the Associated Press.
 (EaStern Standard Time)

By the Associated Press.
 (Eastern Standard Time)
 Monday, Oct. 20
 1:5l A m.-Left Lakehurst, N. J. 3:15 a. m.-Passed over New York city. ...
 5:OO q. m.-Passed over Block Is- land oft Rhode Island coast.
 6:15 .. m.-Paesed Chatham. Mass, and headed out to sea. 7:15 a. m.-Sighted by trawler Widgeon 75 miles southeast of Chatham. 10:15 a. m.-Sighted by steam ship Laconia 90 miles southwest Cape Sable. Nova Scotia. 200 p. m.-Gave position as latl- tude 43 north. longitude 5S west $500 to 500 miles at sea from Chatham.)
 5:00 p. m.-Gave position as 42:s0 north. 54:50 west (about 750 miles east of Chatham).
 Midnight-Gave position as 250 miles northeast of Cape Race, New Foundland.
 Tuesday, Oct 30
 zoo |. m.-Steamship Maure- tania. about 500 miles east of Cape Race. in communication with air ship about 730 miles northeast of Cape Race.
 l2:40 p. m.-Steamship Blairesk reported Zeppelin while in position about S90 miles northeast of Cape Race.
 2:15 p. m.-Passed over cable ship Dominia about $50 miles north east of Cape Race.
 500 p. m.-Gave position about 730 miles west of Fastnet Light. Cork. Ireland.
 7:15 p. m.-Sighted by steamship Westerdijk about $50 miles west of Lizard Head. Cornwall. England.
 Midnight-Gave position about 430 miles west Of Lizard Head.
 Wednesday, Oct. 3f 6:30 a. m.-Sighted by steamship Boulder Pool about $50 miles west of Bordeaux. France.
 S:21 a. m.-Reported over Bay of Biscay.
 10:3o a. m.-Reported 40 miles
New Britain herald., 1928-11-01

car and shs complained Of . kDss injury. which. however. did not fp- pear sesion.
New Britain herald., 1928-11-01

west of the Gironde Estuary on the
 Central French coast. 1886 p. m.-Gave position as 47:20 north, { west (about 7S mlle0 west of Nantes, France). l:lS p. m.-Passed over Nantek 3:2O D. m.-Reported 60 miles east southeast Of Paris. 7:30 p. m.-Passed over Duon. France. s:65 ?. m.-Passed Basel. 6witx- erland. lo:s5 D. m.-Sighted over Fried richshafen. Thursday, Nov. i:0s .. m.-Landed at Friedrich
 shafen.