davidaulloa/AmericanStories huggingface dataset:
YoungstownskeÌ SlovenskeÌ noviny = Youngstown Slovak news. (Youngstown, Ohio) 1910-1940, 1929-02-01
VEI.'KOLEPY BAL NIL iDEzE
Gil. ODBoRU N. S. S.
Bude 6. februara v Stadler Dam
cling Academy. Campana orchestra
bude' hrat'. ~

Zabavny krtizok mladych Eudi,
clenov a clenkln Gil. Odboru Ma
rodntho SLOW. Spolku usporiada
ma bud1cu strcdu, 6. februara We
Ger vel'lepii tanecnil zabavu V pr
votriednej tanecnej sale Stadler Is
Dancing Academy. Bude to bal
vskutlu krasny reprezentujhci
Slovahov pred Amerikanmi. Ku
tancu vyjednana bola najchyrnej-
sia orchestra Youngstown, Cam
pana. Ako tanecna hala tax al
orchestra vyberane sil k tanec-
nym zabavam poprednEmi kluba,
mi V Youngstown a preto tanecna
zabava mladeze Gil. Odboru ma
cenu pre- youngstOwnskn sloven.
skn koloniu i Z reprezentaCn@ho 0.
hl'adu. Zabavny vybor, ktory po.
zostava 10 samych mladikov a sic.
cien Odboru, povolava vsetku slo.
venskn mladez z meSta a okolia
ako al vSetkych dobrych Slova
kov a Slovenky. Prid te sa zaba
Wit a vidct' naSu mIadez .sa zaba
vat.
YoungstownskeÌ SlovenskeÌ noviny = Youngstown Slovak news. (Youngstown, Ohio) 1910-1940, 1929-02-01
YOUNGEST. POLITICKY KLUB
VOLIL URAD MA r. 1929.

Youngstownsky Slovensky Po-
liticky Podporuj1ci Klub. ma
minulej rocnej schodzi vyvolil 81
na rok 1929 trad sice: Jozef
Yavorsky, predseda; Anton Ri
gelsky, podpredseda; Juraj A. Pc.
trik, tajomnik; Jan Hiznaj, po-
kladnfk; Martin Slifka, Stefan
Bolha a Jan Yavorsky, dozorco-
via majetku. Stefan Herman, Ste
fan Stanovcak a Jozef j. Schro-
mofsky, delegati do slovenskej
Politickej Federacie. Jozef Yavor-
sky Stefan Kubala, delegati do
Improvement Federacie. Stefan
Herman Juraj A. Petrik, vybor
do mestskej rady.
Slovensky Politicky Klab odby-
va schodzu kazd1 ostatnl nede-
l'u Y mesiaci ' Skole Sv. Cyrilla a
Methoda, ma rohu Watt 4 Wood
ulfc.
Jossf Yavorsl5, predseda.
Juraj 4. Petrilk, tajomnik.
< ID III
YoungstownskeÌ SlovenskeÌ noviny = Youngstown Slovak news. (Youngstown, Ohio) 1910-1940, 1929-02-01
PAN JoZEF KoCUR sA ozENII.

Bolo to %. januara, ked' p. Jo-
zef Kocilr slibil vernost' 81. We
ronike Tilicky, teraz uz pani Ko-
cnrovej, re ju M,de milovat', 2
tel pritezit osti has povolal, ably
SINE no prisli vvprevadit' 20 sta
WI samotneho a l,viest' do manzel-
skeho, co SINE Z radosti ueinili a
boil SINE chrame Sv. Cyrilla
Methoda, kde obrady previedol
YoungstownskeÌ SlovenskeÌ noviny = Youngstown Slovak news. (Youngstown, Ohio) 1910-1940, 1929-02-01
OZNAMENIE CLENOM SBORU
159. K. S. v HASELTONE.

iCtenf bratia! Vezmite 81 zna-
most, ze name move pravidIa 0
vedeni sch0dz, ktore budcme Wy
drziavat' kazdn prvn nedcl'u V
mesiaci.
Prv6 je, re prispevky sa zacnn
vyberat o l. hodinc a budc TO tr-
vat do 9. hodiny. Potom sa zacne
sch6dza, a ia potrva. kym sa vSo-
tky veci nevykontia. Po schodzi
Ease sa budil vyberat' prispcvky,
ale "a ten cas-, kym sch6dza bude,
prispevlsy sa ncbudn priiimat'.
Teda ii, ktori nemozu ma sch6-
dzu dojst', mech svoje prispevi<y
zaslu medzi prvou a druhou hodi-
nou a potom 0 3. iodine.
Dalej upovedomujem t!vch bra
tov, ktori sii ochotni byt ma po-
moci divadelnemu kri1zku, t. j.
brat icast' ako herci, mech sa do
stavia ma tnto sch6dzu, lebo je to
vel mi vazna schodza pre- ten krf
zok. Pritom sa tiez zvoli nrad krii-
zku. Som nctou
M. J. Bartos, 1etovnik
YoungstownskeÌ SlovenskeÌ noviny = Youngstown Slovak news. (Youngstown, Ohio) 1910-1940, 1929-02-01
Spolocenske zpravy.
ZABAVA LAC. SBO-
RU T. S. j. SOKOL.

Sbor Jag. Il. s. J. Sokol znovrl
usporiada tanecni zabavu v svo-
jej Sokolovni ma Washington st.
V sobotu, 2. fcbruAra vater.
Minuia tanecnA zlbava vydarila
sa pe!>ne, lebo hrala ma nej W.
borna Tomeckova orchestra, kto-
ri bude hrat' 2. februara. Dlaz-
ka bola uz popravena. takze ka-
ady 81 zatanci do v6le. Priatelia
Sokolov a dohrej zabavy s1 srdet-
he pozvani.
YoungstownskeÌ SlovenskeÌ noviny = Youngstown Slovak news. (Youngstown, Ohio) 1910-1940, 1929-02-01
YOUNGSTOWNSKY v NEMOC]
PODPORUJUCI sPOLOK
TATRA.

Uradnici: Jozef Martinko, predseda,
255 Carlton st. Jozef Mudron, pod
predseda, 53S s. Hazelwood Ave. -
Stefan NovotnS, dctovnfk, 4o4 East
Myrtle Ave. - Andrej Adamko, po-
kladnfk, 1884 Oak st. - Martin Mu-
ransky Frantisek Hudik, dozorcovia.
schodze vydrziavajd sa kazdd prvd
nedel'u mesiaci v skole Sv. Cyrilla
Methoda 2. hod. popoludnf.
YoungstownskeÌ SlovenskeÌ noviny = Youngstown Slovak news. (Youngstown, Ohio) 1910-1940, 1929-02-01
sCH0DZA SPOLKU sV. RITY.

Spolok Sv. Rity, {. 100. penn
sylvanskej zenskej .Jednoty ozna-
muje svojim 1dkynam, ably sa ka-
IDA dostavila na schodzu 3. feb
ruara, bo prisla podvvska prf-
spevkov, bude sa viacej platit ,, a.
by kazda sestra znala, jak stoji,
re by sa vyhlo nedorozumeniu.
Ktora sestra sa nedostavf, bude
pokutovana.
Mile sestry, prid tie kazda jed.
ma pa sch0dzu, bo to je vazna
sch6dza. s pozdravom ma vsetky
spolusestry, ......
Maria Melek, preds
YoungstownskeÌ SlovenskeÌ noviny = Youngstown Slovak news. (Youngstown, Ohio) 1910-1940, 1929-02-01
sCH0DZA zENsKEHO POLIT
KLUBU MA LANSINGVILLE.

Povolavam vsctky ndkync ma
schodzu, ktora sa ma odbyvat' ma
nedel'u, 3. februara po obede 2.
hodine pod Sokolovnou ma Home
wood Ave. Vsetky ndkyne sa ma
iii dostavit ma tiito scholar, bo
name pojednavat o veciach. kto-
rt mas cakajn ma budnci tyzdcn
TAX prid'te sestry vSetky. S ilctou
Justina Palguta
YoungstownskeÌ SlovenskeÌ noviny = Youngstown Slovak news. (Youngstown, Ohio) 1910-1940, 1929-02-01
Spolkove zpravy
OZNAMENIE vSETKYM ].
SBOROM A VENCOM K. S.

Vsetky Sbory a Vcnce K. So
kolostya ma youngstownskom o.
lsoli ziadant SiI vyslat po troch
zasstupcoch na spolocnn schodzn
Y utorok, 5. februara do Sokolov-
ne ma Homewood Ave. Pojedna-
vat sa bude vSatkom, GO sd ty-
ka sletu a vypravy K. Sokolstva
do Prahy.
YoungstownskeÌ SlovenskeÌ noviny = Youngstown Slovak news. (Youngstown, Ohio) 1910-1940, 1929-02-01
sCH0DZA POLITICKEHO
KLUBU v CAMPBELL

Slovcnsky Politicky, Vzdelava-
inci a Podporujnci Klub V Camp
bell bude mat sch6dzu V nedel'u,
3. februara vccer V HorvatskGm
dome. 81 Brigth Ave. a ziadam
brafov, ably sa V elm vacSom poe
te dostavili.
Andy Eperjesi, iictovnik.
YoungstownskeÌ SlovenskeÌ noviny = Youngstown Slovak news. (Youngstown, Ohio) 1910-1940, 1929-02-01
SCH0DZA SBORU
146. T. S. J. SOKOL

Sbor 146. r. s. j. Sokol bude
mat riadnu schodzu v nedel'u, 3.
februara popoludnf o 2. hodine V
svojej Sokolovni, {. 319 Washing
ton st. Ziadam bratov, ably sa V
plnom pocte dostavili. Ma zdar!
Stefan Bolha, spravca.
YoungstownskeÌ SlovenskeÌ noviny = Youngstown Slovak news. (Youngstown, Ohio) 1910-1940, 1929-02-01
ZOMRELO SLOW. DIEVCA

Alzbeta kenaS, 13-roGna dcera
Jana KenaS jeho manzelky Z
Porter Ave-, Campbell, zomrela V
stredu ma komplikacie nemoci. O.
krem roditov, oplakavajn ju styri
sestry.
YoungstownskeÌ SlovenskeÌ noviny = Youngstown Slovak news. (Youngstown, Ohio) 1910-1940, 1929-02-01

Keby bolo na svete menej
rozumu viacej citu, menej ume-
losti a viacej prirodzenosti, bolo
BY ma svete lepsie. Rousseau.
Smyrna times., 1929-09-25
DRIVES CAR BROKEN BACK
G. j. JensOn of Oregon, Prefers
Pontiac for Comfort

His back broken, his shattered
body in brace and his feeble
steps dependent on a cane, C. j.
Jensen of Portland, Ore, slowly
entered the sales rooms OF Collins
Bros. ,Oakland-Pontiac dealers, and
announced he was in the market
for a car. Questioned as to his
misfortune, Jensen unfolded the
following story: "Over a year ago
started from my home, 106 N.
Twenty-second street, with my
truck. While making my daily
rounds 1 was hit a few hours later
by much heavier truck at East
Twelfth and Madison streets. NY
truck was turned over and nv
back was broken, my head, leg and
arm cut and bruised, and I suffer-
ed serious internal injuries. For
nine weeks I lay encased in a plas-
ter cast, and the doctors told me
was lucky to escape with my
life. Finally they braced me up,
gave me cane and I was able to
get about. I even got back to
my business, but 7 was handicap
Smyrna times., 1929-09-25
VICTIM OF HTCCOUGHS
Lost Eighty Pounds Since April 4
Condition Regarded Serious

Peter CALI, of Milford, 46-year-
old stone cutter, Friday entered
the 169th day of an attack of hic-
coughs. Since April A, CALI, the
father of six children, has been un-
able to work and has lost 80
pounds. He has been X-rayed and
examined at the Massachusetts
Homeopathic Hospital at Boston
and his case has been studied by
specialists but so far no suggested
cure has been effective. He lives
in small hut especially built so
that he may have maximum of
fresh aid and although still in a
serious condition, he has shown
some improvement in the last few
days of cooler weather. DR.. N. J.
Capece believes that stone dust in
his lungs is the cause of his con-
dition.
Smyrna times., 1929-09-25
ST. GEORGES COUNCIL TO
ACT ON HIGHWAY PROBLEM
ON ONE SIDE
WILL HAVE TO BE REMOVED
Difference of Opinion as to Wheth-
er One Way Traffic Through
Town Should Be Enforced

The Mayor and Council Of st.
Georges, at thei. next meeting in
October, will be confronted with
making an important decision re-
garding the state highways as they
run through st. Georges. The new
highway from the St.Georges Can
al Bridge to the Black Cat Tea
Rood at State Road is nearing
completion. The new highway will
enter st. Georges from the north
parallel with the old highway thru
the main street and one square to
the east of the old road It will
continue parallel with the old road
for two squares but after it cross
es Delaware Street, the new road
will incline slightly to the west
and will join the old road right at
the Chesapeake and Delaware Can
al Bridge. 1t is the announced in
tention of the State Highway De
partment to make the old road
from State Road to st. Georges
Canal Bridge, a one-way south
bound traffic road and the new
highway from the canal bridge to
State Road, one way north
bound traffic road. In keeping
with this plan the state highway
department has requested the town
officials of st. Georges to observe
the same regulations in the town
limits of st. Georges. It is claim
ed that within the town limits the
local officials have the power of
using either road for both north
and south traffic. 1t is claimed
that the question has been discuss
ed a great deal lately by st.
Georges residents who reside on
the streets traversed by the two
state highways, and practically
everyone in st. Georges does reside
on one road or the other, and that
there is some sentiment in favor
of using both roads for both north
and south traffic within the town
limits due to the difficulty that
would be experienced in crossing
from one road to the other. Many
residents consider it likely how
ever, that the plan of the state
highway department will be fol-
lowed in the matter. 1t will also
be necessary to take some action
about moving the old boardwalk
street from the left side of the old
road to the right side. With the
construction of the new road, the
old and the new highways will
merge directly in front of the can
al bridge which will make danger
Gus walking for those who use the
street as it would be required to
cross one road or the other to get
on the canal bridge. There is at
present no street on the right-hand
side of the old road at all. In ad-
dition, there is no ground on the
right side of the road except a
marsh about ten feet below the
level of the road. To build street
there it will be necessary to either
fill in a space large enough for q
street or else construct street on
a frame work.
Smyrna times., 1929-09-25
PLANES PREPARE FOR TOUR
Will Take Part in Flight at Wind
sor, Ontario, on October 5th

Two new Bellanca Pacemaker
planes, cabin planes with Wright
300 horse power motors, are being
placed in first class condition at
the plant of the Bellanca Aircraft
Corporation at New Castle for en-
try in the Ford Reliability Tour to
be held from October 5 to 21, ac-
cording to A. S. Stewart, Bellanca
publicity man. The planes will be
plated by Robert Nagle and
George w. Haldeman. Although
the plans are not completed for the
participation of the Bellanca con-
Germ in the tour, it was stated that
either two or three Bellanca planes
will probably be entered in the
tour, which covers a distance of
4 $50 miles and which starts at
Windsor, Ontario, goes as far
South as Jacksonville, Fla, West
to Wichita, Kan, and which ends
at the Ford Airport, Dearborn,
Mich. Forty planes have been en-
tered in the tour to date, and there
will be at least 10 accompanying
planes for judges, officials and
1t was announced Fri
day that the Eastern Air Express,
for which the Bellanca concern
made three cabin planes and rec
emily delivered them, started oper-
ations with trip from New York
City to Florida. A regular sched-
ule is to be maintained from now
on.
Smyrna times., 1929-09-25
CITY ON GOOD WILL AIR TOUR
Dover Excluded on Route as They
Have No AVIATION Field


For the purpose of stimulating
interest in aviation, demonstrating
the practical ability of planes in
commercial use, and obtaining a
survey Of the strides made in avia-
ton in each state during the past
year, the Jackson, Michigan, Cham
Der of Commerce, recently inaugu
rated a Goodwin Aviation Tour
which will cover practically every
state in the union. Friday their
plane, a five-passenger Stinson De-
troiter, landed at the Bellanca
Field where they were met by a
committee from the Chamber of
Commerce. 1t was originally plan
ned to have this plane stop at Do
yer, as the itinerary covers the
the capital cities of the various
states, but, due to Dover not hav-
ing an aviation field, it was neces-
sary to land at Bellanca Field.
Smyrna times., 1929-09-25
FOR BURIED WEALTH
New York Business Men Back Ex-
peditiOn in Search of Treasure

Surveyors were engaged last
week in plotting off a section of
woodland property in West Ocean
City, under the direction of Ronald
Grimms, leader of a party of New
York business men, who are in
Worcester County at present in an
effort to discover the exact loca-
tion of a reported treasure cashe.
In possession of the men is a rough
map which they contend marks the
spot of the treasure hoard they are
seeking. The surveyors are trying
to mark certain landmarks con-
tanned in the map in order that the
location of the treasure can be es-
tablished. Like scores of other
sections lying along the Atlantic
seaboard, Worcester County, too,
has its traditions of buried treas
ure, and the present search near
Ocean City, Md, according to old
er residents, appears to have some
foundation. About thirty years
ago a similar hunt was staged in
West Ocean City on the mainland,
but after months of work the
searchers abandoned their plans.
Members of the party engaged in
the search are reticent regarding
their plans there. Shortly prior to
the opening of the Civil War, local
accounts say, a strange vessel sail
ed through Green Run Inlet into
Sinepuxent Bay and OH up the
Worcester County coastland to a
point near the site of Ocean City,
which, at that time, was merely
an area of rolling sand dunes. I'm
der cover of night the crew of the
strange ship is said to have trans
ferred much treasure, consisting of
silverware, antiques, silver and
gold coins, to a spot on the main
land near the present BerlinOcean
City State Highway site. The re-.
ported treasure is supposed to
have belonged to a wealthy South
ern planter, who, fearing he would
lose it all because of the war plac-
ed it aboard a vessel and brought
it North to hide it. Because of
some unforeseen circumstance the
strange ship never returned for
the treasure when the Civil War
ended, according to local history
How the group of New York men
came in possession of The map rel
ative to the buried treasure is not
known. The site of the search
made about thirty years ago, WV
idly recalled by local residents
there, took place at q spot north
of the Berlin-Ocean City county
road, opposite what is today the
Harry Powell garage. At that
time the searchers failed to locate
certain trees and landmarks, and
despite the use of scientific instru-
ments of that period, were unsuc-
cessful in their hunt for the treas
ure. Older residents in Worcester
County say that there is no doubt
that some treasure was buried in
that county in the COS, as several
private parties in that section have
sought to locate the cash repeat
edly without success. White the
estimated value of the buried
treasure is not known, it is thought
to be in excess of $4,000, judg-
ing from the amount of work that
has ben expended to locate it and
from accounts OF older county resi-
dents.
Smyrna times., 1929-09-25

The Delaware a,+o.
tags for 1880 win h. ), 4. y !
numbers a mere -. :
color scheme for = ~ !.
The tags Of this va., =
blue numbers. On -, :
State colors Of him = :,
be retained on tba Iis'.
another year.
Smyrna times., 1929-09-25

ped PEI, in walking. so1S
my wife that I b1y | I'd
doubted my abiiity a 4
bumps and jolts !, to d
s'gat. ! hit ! have looked ~ y \
a pit and 50 far I b.s. %
me and which I copIS pS5a,9'' .
iiy I'm here to Ioal. al1 %
Inc In a Pontiac aS't ,. =
riolet alr. Jensen fos.S sg !
control and riding ,ylna ~. y
He drove home II oossa ,aat y
broken-back man ~ ~. nay ,
there a living testi.4 ..'ll l
to Darwin's 5 tbeor,. loala 70 !
of the fittest bit -. = q
Portable rideabjIitv ~ =, %
ability Of the Pontia. ~ y
alls
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-22
BY KENNETH S. VAN sTRUM.

NEW YORK, February 22.-Bond
men feel they have legitimate grudge
against speculation in stocks. Not only
has the unprecedented bull market in
stocks drawn the attention of erstwhile
conservative investors away from bonds,
but in addition 1t has made such heavy
demands upon. credit by offering such
high rates of interest against call loans
That many investors who would normally
invest in bonds have been lending their
funds in the call money market. The
most crushing blow of all, however, is
that the Reserve banks, in their at
temptS to curtail brokers loans, have
been forced to pursue policy which
has caused serious declines in high
grade bond prices. but to date has had
little effect on highly speculative stocks.
The bond market so far has suffered
most from the high money rates.
Open Market Policy.
Until year ago the most effective
weapon the banks had to control the
credit situation was their open market
policy" Back in 1922 the Federal Re-
serve Board saw that it needed a
firm hold on the credit situation in
order to prevent imitation or defiation.
1t believed that stable prices and
production were very much needed and
that closer control over credit would
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-22
Wall Street Briefs

Structural steel orders in the week
ended February 10 increased $500 tons
over the previous week to 24,500 tons.
Inquiries were for $4,000 tons, gain
of 1880.
Directors of the Inland Wire g. Gable
Co., Sycamore, ILL.,, have voted to &C.
cept the offer of the Anaconda Copper
Mining Co. for merger with the Ana
conda Wire & Gable Co., Its newly
organized subsidiary, through a share
for-Share exchange OF stock.
Gold imports In the week ended yes
terday totaled $l,195, 900, compared with
exports of $251 900. OF the imports
81 .000, 900 came from Canada and the
rest chiefly from Latin America, the
New York Federal Reserve Bank re-
ports. The exports consisted of 5000 900
for Venezuela and $51 900 for Germany.
for foreign account.
James H. Taylor, dean of American
coffee brokers and member of the
New York Coffee IL Sugar Exchange,
Inc, for more than 40 years, retired
from active business today. Floor
traders gave him a loving cup. He
served as president of the Exchange
five years and treasurer nine years.
The Chesapeake & Ohio Railway has
ordered 1000 hopper-bottom gondola
cars, to cost $4,350,0 900. The American
Car g. Foundry Co. viii build $500 and
the Richmond Car Works 500.
Stockholders of the Goldman Sachs
Trading Corporation today approved an
increase in no par capital stock to
100000 shares from $500 900 and
acquisition of Financial & Industrial
Securities Corporation.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-22
REPORTER BUYS SEAT
ON STOCK EXCHANGE

Special Dispatch to The Star.
NEW YORK, February 22.-William
Francis Heffernsn, reporter tor the
Consolidated Press, who has been en-
gagged in Wall Street newspaper work
mal4y years, was revealed yesterday as
the purchaser of seat on the New
York Stock Exchange. The price he
will pay was not lnaicated, but it viii
be not more than $440,0U0. He has
arranged to buy four rights" each
emitting the holder TO 20 per cent
interest in seat. The only transactions
that have taken place in such rights"
were Tor Is at $lU9,500 each, and Tor 2
at $4,000 each. The names of the
sellers were not disclosed.
Other buyers who are acquiring
rights" granted to members unoer the
recent decision to sell 275 additional
seats are Moorehead G. Kennedy, IT.,
of Drexel 81 Co.; Enrico N. Stein of
Annenberg, Stein g. Co.: Percy A.
Byron, Alexander B. Carver, Sylvan M
Barnet, Daniel Allen Lindley, Edward
Roesler, jr.; Robert Johnston, jr., and
Daniel M. McKeon.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-22
DECLINE IN BROKER
LOANS is CONTINUED

Special Dispatch to The Star.
NEW YORK, February 22-Brokers
loans again declined last week, falling
sol 100000 to total of $5,477, 600, 900,
as compared with the previous weeks
total of $500, 000, 900, according to the
statement of condition of member banks
In New York City, released last highs
by the Federal Reserve Bank of New
York.
This brings the total sI92, 600, 900
below the peak of S., 669, 000, 900 estab-
lished two weeks ago on the same day
that the Reserve Board in Washington
issued its now famous warning. The
two weeks previous to the boards warm
ing saw brokers' loans rise 1926, 600, 900.
New York member banks decreased
their loans on securities to brokers and
dealers for their own account by STA
100000, while loans contracted for the
account Of out-of-town banks were
down $73,O00O0O. The loan item for
account of Others" however. showed an
increase of S56,000,O0O This is the
item representing loans in the call mar
ket by corporations and institutions
having large cash funds, which have
found recent call loan rates too attrac-
tive to resist. It has been widely
asserted that the Federal Reserve is
powerless to control loans of this class
and for this reason the increase shown
In the loans for Others" last night, in
the face of substantial decreases on the
part of both member banks and out-of-
town institutions, aroused great interest.
Member banks have now cut down
their loans to $1,023 900 900, the lowest
figure Of the three divisions into which
loans are classified. Loans for account
of others stood at $2,668, 000, 900, more
than two and half times the figure
for member bank lending These fig
ures compare strikingly with those of
the reserves statement for May 10,
1928, at which time member bank loans
TO brokers reached their high point at
$l.13i 100000. Leans made for account
OF others stood at that time at $l,534,-
| 100000. From that time forward the
increase in this latter item attracted
wide attention by reason of the fact
that it represents an element beyond
the direct control of the reserve bank
end has completely Offset the efforts CT
the member banks to bring about de-
crease in brokers' loans.