davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1929-11-14
TRADE LEADERS
LAUD TAX GUT
PROPOSAL

NEW YORK, Nov. Il tINS0 -
Unanimous approval was ex-
pressed by leaders in the banking
and industrial worlds today over
the announcement Of Secretary of
the Treasury Mellon In Washing
ton that new tax reduction propo-
sails would be placed before Con-
eress In December.
Financiers were confident the
announcement would have a bene-
ficial effect on the stock market
and the nation as a whole.
II am in hearty sympathy with
what Mr.. Mellon has done" de-
clared Charles M. Scnwab, chair
man Of the Bethlehem Steel Cor
poration. II think it is the proper
move. 1t will mean a great deal
nt this time to American business"
Francis II. SissonS, vice presi-
dent of the Guaranty Trust Com
pany, was equally enthusiastic.
''That is a very interesting and
important suggestion" he said,
and one which viii be generally
approved by business men and
business interests. It is an i'm
pOrtant contribution to the Situa-
ton, as it shows the confidence Of
the Government in the ability Of
American business to meet its
problems and support the Govern
anent. This announcement strikes
= reassuring note which win be
generally welcome"
Percy M. Johnston, president Of
The Chemical Bank and Trust
Company, believes the statement
will go long way toward reliev-
ing uneasiness in the industrial
saaad commercial world.
MIR. Melons statement indi-
Gates a very forward looking pro-
gram" he declared. Business,
after the present slump, would
have been facing the future with
II good deal of uneasinesS, but this
very constructive program will be
b splendid stimulant to business
people"
The Washington times., 1929-11-14
BANKERS
IN BIC CRASH

MILWAUKEE,, Nov. avail
Street has gone through an I'm
precedenteG break in prices of
stocks and has emerged with the
credit position Of both the banks
and stock exchange mistaken.
This statement was made by
Benjamin M. Anderson, econo-
mist of the Chase National Bank
of New York. in an address de-
hvered tonight at a dinner of
the Milwaukee Bond Club. He
said:
"The answer Is to be found I'm
several factors: The foresight
and prudence Of the banks and
brokers during the boom which
preceded the break; the courage
and loyalty of the banks and
brokers; q great expansion of
loans by the New York hanks,
and finally, the Federal Re-
serve system, which acted with
prOmptness and decision in
pouring funds into the money
market"
The Washington times., 1929-11-14
LOCAL PRODUCE

Eggs-Current receipts, soc; white
hennery, $4,000.
PouItry-Turkeys. young, s20s5c; old
Toms, 25c; white leghorn fowls, 1s o zoe:
plymouth Rocks, S pounds and ever,
S9O3sc; Rhode Island Reds. ~ pounds
and over, 27c; mixed chickens, 26027c;
turkeys, dressed, 45c; chickens, 30@32c;
large fowls, so0s2c: keats. 4o@soc.
Calves--15c.-
Apples-supplies moderate; demand
Waaaington. Delicious. medium to large
extra faney ss7S lara fancy ssse
ia fancy, ss.Oo@s.as. Bushel baskets:
inches up. $1.7s @2.oo; mostly. $500:
inches up, s2.5o: i. s. 10. i. az
inches up. Grimes, $780,: y. s. NO. l.
inches up. staymans. fine quality,
issious. s2.7s; 1nelasaified a Deiicio1s e er-
binary quality, IA inches up, s1.25;
gA inches up. 81 2A inches up 'sl.7s:
eses e fors i GnSisssifted s
sias: 8. g. 5. 10. pens - u inchss m np,
Grimes. slightly ,rpsseted. 5000.
light; market, steady. New York 100
n. sacks, Danish type mostly, SIS;
South Carolina. barrel crates, approx
y EAAte1y 400 IDS. net. POINTED type,
@S7b02.s6t IA -bushel hampers, 1850
Is
settuce- Supplies, moderate: demand,
aoderate: market, steady. California,
hrates, Iceberg type, As dozen, $3.50;
esw ordinary quality. Shiny, low a. s2.
Onions--Supplies light: demand, light:
anarkef. steady New York. 100-ib
racks yellows, U. s. No. l. medium to
Narge size mostly around ST. Indiana,
and New York, 100-lb. sacks yeHows,
10. S. No. /, medium size, $1g5@2;
colorado, I00-lb. sacks, Valencia type,
III S. No, /, large. size, $2.40m2.5O;
s0-lb. sacks U. s. No. i, very large size,
Ki86@2 Indiana, 50-lb. sacks, whites
ID. 5. boilers, S20225: few higher.
Potatoes--Supplies, moderate. De-
unand, light; market, steady. New
York, l50-pound sacks. round whites,
III. s. No l.. $4.25@4l40; some fair
quality and condition. 81. Penn
b. s. No. i, fair quality, sac A25. Maine,
12O-pound sacks. Green Mountains, u,
"a No. l. $3.T5@3.85. t&
Celery-Supplfes, light Demand, mod
arate; market, steady. New York. "a
crates, $3.25@3.50; few small size, $2.75.
california, crates, few sales direct to re-
sallers, $3.50.
Sweet potatoes-snpplies, light De-
The Washington times., 1929-11-14
BALTIMORE

BALTIMORE. Nov. 13.-Wheat:
Steadier, No. 2 red winter spot,
$l.1S. No. 2 red winter garlicky
spot, domestic, $1.141a. Receipts.
1852 bushels. Shipments, 1883
bushels,
Corn-Unsettled: No. 2 yellow,
domestic, old, SLOT bushels. Re
ceopts, 1902 bushels. Shipments,
900 bushels.
Oats-Quiet, supply ample, No,
Q white domestic, 54@55c per
bushel. No. 8 white, $50 SAC per
bushel. Receipts, 1875 bushels.
Shipments, 1852 bushels.
Rye-Nominal. Shipments, 225
bushels.
The Washington times., 1929-11-14
CHICAGO FUTURES

CHICAGO, Nov. Is uN.S0 -
Grains closed generally higher to-
day. Wheat was up 1A@1Ac
and corn A01Ac. Oats were
Zee off to lac up.
Wheat started 340 Ac higher
with active buying on firmness
in foreign markets. reports from
New York o. some export business.
The market scored further gains
after the opening, absorbing
heavy offerings. Near noon, how.
ever, the buying power fell off
somewhat and as offerings in
creased the market reacted sharp.
ly to around the previous closing
level.
The Liverpool wheat market
was 403s higher and Buenos
Aires 2Ac better.
Corn opened as01bc higher in
sympathy with wheat and buy
ing on forecast for unfavorable
weather conditions over the belt.
A reaction followed later with
heavy selling and only limited
support.
Estimated carlot receipts -
Wheat. S: corn, 127; and oats, IL.
The Washington times., 1929-11-14
Text Book Mind Peril
OF Our Age, Says
Canadian
SOUTH HADLEY,

SOUTH HADLEY, Mass,
Nov. II. -- Vincent Massey,
Canadian Minister to the
United States, speaking at the
Founders Day exercises at
Mount Holyoke College sounded
a warning against the acquisi.
ton by the modern student of
the text book mind" in the
matter of taste.
THE modern printing press
sometimes seems to have abro-
gated its duty Of stimulating
thought in order to address it
self to the task Of making
thought unnecessary.
"One of the major tasks per-
formed by the college Is surely
to give first, the desire; sec
ondly. the capacity to dis
tinguish real feeling from SEN
tirnentality, the noble from the
merely florid, the tragic from
the sordid, the dramatic from
the theatrical"
The Washington times., 1929-11-14
TIMELY TIPS

Personals
REFINED business couple will
share home with refined couple or
lady OF gentlemen; reasonable.
Money TO Loan on Real Estate
go IMMEDIATELY - First and
second trust loans ON property in
Washington: loans made for a term
Of one to ten years at q reasonable
commission: payments to suit you.
Automobiles for Sale
AUTOMOBILES FOR SALE-F0rds
and other light cars: 1899 Model A
G Coupe. sssS; :.d lsss i Msdel A Sport
Coach, SseS: 1925 Ford Tudor. sIss:
1928 Whippet Coach. $50; 1928
Whippet Touring, $215: 1898 Model
A Tudor, S425. Also WHY'S Knight,
ChrysIer 20 coach, Chryster 20 Road
ford and Chevrolet.
Furnished Room
PARK RID. n. W.--Attractive
room for one; second floor. next
able.
Instruction Courses
CLASSES win be organized for
study of THE NEO-CARAL.A. This
teaches the attributes Of Sod and
the mystery Of human existence.
NHt Hk0FmAm&Ns
Apartments Unfurnished
NINTH ST. 8. E.--Priyate apart
ment: separate entrance: three large
rooms and bath; large back porch;
Ill modern improvements; reasonable,
Wanted, Miscellaneous
CLOTHING. books. typewrlters,
graphOphOHeS bOnght.
Houses for Rent Unfurnished
D. of C..
ID SIT. q. E.--Six rooms and bath;
hOt-water heat; electricity: garage:
%45.5O month.
The 0boUe wants and offers
are only q feW Of many inter
estine advertisements you sOih
find in today's Times and Herald
classified advertising section.
The Washington times., 1929-11-14
BY SENATOR SIMEON D. TESS
Leader of the Senate Conservatives

(Copyright. 1929 by International
News Service1
The stock-market furry was in
evitable because of the abnormally
high levels it had reached. The
business of the country is on a
sound basis, including our bank
ing institutions.
Industry is not endangered by
the pending legislation in Con-
gress, and l see an early recovery
of market values, disturbed by the
nreSent situation,
The Washington times., 1929-11-14
CHICAGO

CHICAGO. Nov. Is (IN's.).-Cash
grain close:
wheat-No i hard yellow, $1.12.
corn-New. mixed, 7sh @SOc; 9
mixed, 74hc; 3 yellow. S20S3%c; 4
yellow. 1914 @7skc; 5 yellow. 75h q
7shc; 6 yellow, TAN @7sc: 3 white
save: a white, 7Sc; white. YS15 g nc
8 white. F4hc: sample grade, 0@74c.
Old mixed, SEC; white, ste: ]
yellow, eS%c; 2 yellow. ss@s9hc'
OATS white. 43h @4Shci white,
41h m42c; white. 40c.
Rye-none. Barley-none
The Washington times., 1929-11-14
MISS PANKHURST TO TALK

Miss ChriStabel Pankhurst, of
London, viii speak on Prophecy
and World Peace" before the
Business Women's Council of the
Young Women's Christian AsSo-
citation. Saturday night, NoVem.
Der 80, at Barker Hall. Seven
teenth and K SITS. N. w.
The Washington times., 1929-11-14
HARDWARE STORE ROBBED

Builders supplies valued at sou
yesterday were stolen from a
hardware store belonging to Bes-
sic Rosenthal in the 400 block
Four-and-a-Half st. s. w. police
reported.
The Washington times., 1929-11-14
BANK STATEMENT

Washington Clearing House,
SIS, l07, 637. SO.
New York Clearing House bal
ance, $277,000.OO0.
New York Clearing House ex-
change, $1,992, 000, 900.
Treasury balance, $134,5l5, 1913 81.
Customs receipts, $18,693, 786. As.
The Washington times., 1929-11-14
MARKET SPLITS
SENATORS

Editors Note-The fluctuations
OF DnlueS on the NetD York Stock
Exchange haze attracted the at
tention OF Congress. IN the &C
companyip0 articles, International
NetUs Service presents the opinions
OF Senate leaders on the current
trend OF theenIGrket.
The Washington times., 1929-11-14
MONEY
AIDS LITT
~
IN DECLINE
By MORGAN READ

NEW YORK, Nov. 14.-Further
reduction in the rates on ioankers'
acceptances failed to hold with
the downward course Of prices in
the bond market yesterday.
The severity Of the stock
market decline was again the
dominating factor. as all classes
of bonds gave way under the In.
fluence Of q steady wave of
liquidation during the ttree-hour
session.
The reduction In acceptance
rates marked the fifth cut within
three weeks and brought the
ninety-day bid and asking rates
down to 45s and Az per cent. At
current levels, these rates are
down full / per cent from the
rates prevailing in the first week
OF last month and 1S per cent
below the high level of last spring.
Time money accommodations
also displayed an easier tone, so
day rates being quoted at 5A per
cent and all other maturities at 6
per cent. Previously, all maturi-
ties were being quoted at 6 per
cent.
Heavy Liquidation
United States Government OBJ
legations encountered rather heavy
liquidation for the first time in
over a week. Treasury ga per
cent certificates of 1910 recorded
a new high record for the year,
but Liberty bonds and the balance
Of the Treasury issues were lower.
Liberty 312S declined to 97.2O
for a loss of more than a half
point, while Treasury 4As were
moderately lower at 111.2O.
In the convertible group, Amer
lean International 512s broke
badly. reaching new low ground
for the year at 88 and a loss OF
z points from the previous close.
American /. G. Chemical 5hs
dropped 212 points, but the com.
munication convertible bonds
gave indication Of a Soid-out 20.
Sition.
The A. r. g. r. 41ss finished
unchanged, while the
International Telephone issue was
fractionally lower at 114K.
General Recession
Railroad obligations were lower,
with the losses In some cases
as high as 5 points.
Chicago and Alton 312s declined
3 points to a new low for the
year at go, while Canadian Pa
cific debenture As dropped 2
points, Erie General lien As ~
points and Kansas City Southern
refunding SIS Ia points.
Seaboard Air Line bonds were
under pressure, the adjustment
SIS dropping 5 points to IS, while
the consolidated IS were off 3h
points at 65k. The decline In
these bonds was attributed in
some quarters to the Interstate
Commerce Commissions approval
Of the roads recapitalization
plan, which calls for the issuance
Of $12,5O0,O0O of first and con-
solidated mortgage bonds and
:. 1894, 400 shares of no par COM
mon capital stock. N
Southern Pacificf4ks with war.
rants closed at IS for o loss Of
Ia points and moderate recess
SionS took place in st. Paul adj
justment SIS, Baltimore and Ohio
first SIS and Chicago 81 Eastern
Illinois SIS.
Issues Are Depressed
Among the general corporate
issues. Agraham g. Straus 5las
lost 3 points to 95, new low;
Ajax Rubber 8s slumped 1914
points on q single transaction
and Certain eed Products 55s
were off 2ss points at 663s, also
! new level. Commercial Credit
SIS declined 51a points, National
Radiator 6las 5ss points and
Cuba Cane Sugar Bs 2 points, all
representing new low prices for
the year.
The Washington times., 1929-11-14
d. S. COTTON REPORT

The Census Bureau today issued
The following report showing, the
allrnber of bales of cotton con-
Euned, on hand, imported and
exported, and active cotton spin
dies, during October, 1929 and
The Washington times., 1929-11-14
BY SENATOR WILLIAM e.
BORAH
A Leader of the Dent0crGttc-
Insurgent Coalition

A Leader OF the DemOcfGttc-
Insurgent Coalition
Copyright. 1929, by International
News SeTvice)
The present trend Of the mar
ket was strated by an effort to
squeeze water out of many stocks.
Now, the floodgates are opened
and the water keeps on running.
have been getting kilograms
from all over the country, urging
Congress to protect the investing
public against such crashes as
are now going on in Wall Street.
The people look upon some Of
these manipulators as band of
Dick Turpins on the highway of
trade. AS yet. / haven't any plan
of congressional action.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-12

In the future a new plant at Brussels
is to serve Europe, except England and
Germany. 1t will have capacity of
$4,000 cars a year.
Willys-O Overland reports an increase
of 70 per cent in export business the
first three months this year. Ship
ments to foreign markets reached
1859 cars in that period.
In April the automobile factories of
the Detroit district swept on toward
still greater volume production than in
March. Ford led with total output of
Model A cars at 1888, compared with
1871 1894 in March. The number of
Model Fords produced since intro
duction is 1,549 TAB, of which 1924 1914
represented American output. Canada
is credited with 1864.
Among the makers of higher priced
cars peak activity prevails. Packard
during April broke all records by de-
livering more than 5000 cars to Gus
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-12
DRIVER BLAMED
IN CROSSING CRASH
Suit Against Company Fails
on Evidence of Risk Taken
on Rails.
BY HARVEY L. COBB,
General Counsel, American Motorists
Association.

General Counsel American Motorists
Association.
The driver of a slowly moving auto
mobile is negligent in driving it onto
the tracks of a street railway when
trolley car is rapidly approaching down
grade and only SO feet away. In such
a case a non-suit will be entered at the
trial of suit for damages against the
traction company.
The Superior Court of Pennsylvania
SO held in the recent case OF Electric
Storage Battery Co. VS.. P. r. T. ga
Pa. Superior Ct. 400, 1929.
In that case Judge Linn said: 'The
truck driver was the only witness who
described how the truck was struck by
the street car, and on his evidence the
court entered a non-suit. His negli-
gence contributed to the collision. even
if defendants negligence be assumed.
He was driving a SLOW moving, heavily
loaded electric truck on Nineteenth
street on an ascending grade. intending
to turn westward on Allegheny avenue,
which has two street car tracks for
eaSt-bound and west-bound cars. When
he reached Allegheny avenue, where he
stopped, he saw an eaSt-bound car ap-
preaching on a descending grade about
80 to 100 feet away from me- Not
withstanding the proximity of the car,
he started his truck to cross sufficiently
TO make the turn and was struck before
he got his truck across the northern
rail. He described Allegheny avenue as
pretty wide about 80 or 40 or so feet,
something like that When he reached
the track, he said, Il guess he (the
motorman) was about so feet away, or
more than that His evidence is con-
Trajectory in minor details, which need
not be recited, but which clearly bring
the case within the rule considered in
Mudano VS.. P. r. T. Co. (289 Pa, 81,
So. The non-suit was inevitable"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-12

other. The cost of such structures is
soon returned through the elimination
of congestion.
Traffic Circles Used.
Less expensive but quite suitable ar
rangenientS for continuous and safe
travel at intersections may be made.
Notably in New York and New Jersey,
traffic circles, sometimes called rotary
intersections, are in service These
consist simply of a circular pavement
into which traffic pours from the inter-
secting highways. This avoids all left
hand turns-one of the greatest con-
tributors to accidents.
Some States are adding two extra
lanes to all highways at the intersec-
ton. This extra space permits a free
flow of cars. Another method is the
curved intersection, wherein each of the
crossroads is joined to those adjacent
by curve. cutting off the corner and
forming simple design similar to that
on some Of grandmother's old COM
forterS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-12
SPEED REQUIRES
WIDER RQlADWAYS
States Are Taking Steps to
Assure Greater Safety
for Motorists.

Most automobiles now being made
have speed of at least so miles an hour,
according to E. E. Duffy, highway edu-
cational writer.
Car speeds and the great volume of
traffic now thrown on the roads are eX-
erting a beneficial influence on high
way design and construction. In the
early days of rural pavement laying, for
instance. many surfaces were built to
width OF no more than l6 feet, scarcely
room enough for a load of hay and a
car. Later an 18-foot pavement width
was adopted by most States, with the
thought that yards would surely be
adequate for two passing automobiles.
Recently, however, experience and
Government tests have demonstrated
that in the interest of speed with safety
rapidly travelling car should have a
10-foot lane. Some drivers of course,
should have even more space, but high
way authorities are in accord on a 20
foot width for the ordinary rural road
subjected to fairly heavy traffic.
States Adopting Idea.
Illinois. Michigan and Wisconsin are
among the States now specifying 20
foot pavements on well travelled roads.
Twenty per cent of the mileage of rural
pavements built on Federal aid projects
last year were 20 feet in width New
York, particularly. has gone in for even
wider rural pavementS, with many being
built 81, SO and 40 feet wide.
Safety is being introduced into pave
ments through other mediums, such as
smooth surfaces, easier curves of pitch
suitable for fairly high speeds, wider
shoulders greater sight distance at
curves. better guard rails, better grade
crossing facilities such as underpasses,
and better-designed highway intersec-
tons.
Where traffic is quite heavy streets
and roads are, in some instances, being
separated at intersections through the
elevation of one thoroughfare over the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-12
GAS TAX is HOISTED.
New York Rate Likely to Cause
Increased Taxicab Fares.

Increased taXicab rates may result
from the New York gasoline tax, &C
cording to A. s. Freed, president of the
Paramount Cab Manufacturing Corpo-
ration Mr.. Freed diSapproves the law
because it does not differentiate be-
tween users of gasoline for pleasure and
those who use it for business.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-12
"BIKES" AIDED ROADS.
Cyclists Are Given Credit for High
ways Movement.

DETROIT (Pj.-In the mind of the
average citizen. the ribbons of concrete
that stretch across the continent to
form net work of arterial highways
are associated most closely with the
development of the automobile.
Strangely enough. however, it was the
bicycle and not the automobile that
provided the vehicle" for the good
roads movement, not only in the United
States but in Europe as well.
So far as road mindedness" goes.
it was the bicycle that prepared the
way for the automobile. Prior to 1876
there was. outside of the cities. not a
single stretch of good road in the
United States. The automobile. in
fact, was born into a roadleSs world.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-12

toners. May. it is believed, will prove
another record breaking month.
In April deliveries of cars were more
than 25 per cent greater than produc-
ton. making a large reduction in
stocks in the hands of distributors and
dealers. 1t will be August. if then
Packard officials believe. before there
can be a return to normal.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-12

Thousands of motorists heretofore
accustomed to purchase more expen-
sive automobiles now are turning to
Buick .. for the simple reason that
Buick provides elements of value mani
testify superior to many higher-priced
cars.
These men and women are discovering
that Bucks huge volume makes pos
sible manufacturing economics entirely
beyond the reach of less favored
builders. They are discovering that
Buick buyers reap the benefits of these
economies, in the form of higher
quality and lower price.
They are finding dramatic proof of this
SERIES 116 SER
SedanS $I220 to $3.50 Sedans
Coupes $11o5 to $3.50 CoupeS
Sport Car $1225 Sport Car
These prices f. o. b. Buick Factory, special equipm
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-12
AUTO BUILDERS PLAN MARKETS
FOR ALL SECTIONS OF WORLD
Leaders of Industry, After Talk With
President on Foreign Conditions, Con-
slider Large Expansion Steps.

CURED for foreign shipment this year.
The plant of Hudsors British sub
sidiary at London is now said to be
producing / 200 cars a month. An as
sembly plant at Berlin recently turned
out its six thousandth car in two years.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-10-21
DRUG CLERK uses
NOVEL, QUICK WAY
TO END HEAD COLD

With all the preparations in the
drug store to choose from, Thomas
B, McKeen, drug clerk, chose the
quickest and safest way to end a
severe head cold which he con-
tracted recently while on O. week
end visit with friends.
Mr.. McKeen realized the danger
of preparations that cause one to
Sweat" Also he realized the dis
advantages of salves, liquids, etc,
which give off a vapor to art1t1-
cially open up the pores. For, as a
druggist, Mr.. McKeen knew the
danger of keeping the pores open
unless one stays in bed the next
day-and his business made this
impossible.
Instead, he chose Ayers Cherry Pee
toraI because he knew what this quick
pleasant remedy had accomplished In
hundreds of hospital tests and in home
use among his own customers.
Almost before he realized it the cold
began clearing up. By night the
"aehy." congested feeling began to
leave and he was able to enjoy refresh
ing sleep. The next morning there was
scarcely a trace of congestion left, he
saws and by another day or so the
cold had Disappeared entirely.
Note: See other cases being reported
daiIy-aII certified by the attending
physician.