davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat., 1931-10-08
COLD STOCK ,
PROHIBIT SPECULATION

PROHIBIT SPECULATION Vienna, Austria. oct S.-(UP)---s ment without debate today to ts- sue emergency decrees prohibiting speculation in Austrian currency. until March.
The Waterbury Democrat., 1931-10-08
ryirvEs INCREASE
COTTON CROP

Washington, Oct s.-{UP)-Based : on condition as of October the department of Agriculture to-day estimated the cotton crop in the United States at 16, 900 baIes. in'
 This compared with the Septem- Der 1 estimate of 15.6s5,000 bales and 14,4S6,000 bales on October 1,o 193O. fs.s
The Washington times., 1931-11-18
By LEWIS HANEY

Director New York University Bureau
of Business Research
Among the business develop
ments of the past week 1 would
put first the reaction in specula-
tive commodities, and notably
wheat and silver.
This furnished q much-needed
corrective to unsound speculation.
Commodity price averages were
fractionally higher last week and
showed increased stabilization.
Well to Expose Myths
Nothing but good can come
from exploding myths about sill
yer. If wheat can settle down to
a price at which we can export,
everybody will be better off.
Next I would put developments
in France and Germany. Unfor-
tunately nothing definite can be
said on this important matter.
About all that we can say is
that the situation is acute and
has recently been a load on the
minds of bankers and financial
interests in this country.
Another development of the
The Washington times., 1931-11-18
SALES
LOWER IN n. {.

A total of 1875, 5,498,567 pounds
of producers tobacco changed
hands on North Carolina to-
bacco markets in october at an
average price of 1898 hundred
pounds. which was $4.99 a hun
dred less than the average of
$14.92 paid for 142, ,094 ,665 pounds
in October, 1880.
According to the Federal State
Crop Reporting Service 241 ,701 1923
pounds Of tobacco have been
sold in the State this year up
to November / at an average Of
$3.50 compared with $13.37 to
the like date last year.
Monthly averages for tobacco
this year have been: August,
with sales confined to the South
Carolina belt, $12.44 per hum
dred; September, with sales on
in other belts, 1886 per hun
dred, and october 1898.
The Washington times., 1931-11-18
MARKET ACTION
| iUNDERATTACK
ENCOURAGES
Something to Be Said, Both
For Bulls and Bears,
Spectator Says
BY THE SPECTATOR

NEW YORK, Nov. 18.-The
bulls regained possession Of the
market yesterday.
It remains TO be seen whether,
with all the heavy casualties suS-
tanned in the six preceding days
of decline the constructive ranks
are powerful enough to stem
further offerings.
Both bull and bear adherents
can point to developments in yes
terday's session as strengthening
their respective viewpoints.
On the bear side Is the fact
that volume Of turnover showed
little expansion on the upturn,
and the persistent selling which
appeared when moderate ad-
yances were recorded.
Turning to the other side Of
the picture the resistance shown
by the general market when the
rails were ardently seeking new
lows is impressive.
If the general stock list can
prove in succeeding sessions that
It can hold its own regardless OF
the action of the carriers, then
certainly, when the rails come
into their own, as they ultimately
must, better things are in store.
The Washington times., 1931-11-18
COTTON PRICES
SLIP 4 To 5
POINTS
Renewal of Weakness After
Early Improvement Hits
at All Positions

NEW YORK, Nov. 18 0N.SD.
The cotton market was unable 10
go forward on its own today and
after initial improvements a re.
newal of weakness in both grain
and securities unsettled specula.
tive sentiment, and influenced
moderate declines in the various
future deliveries.
The unusually small amount Of
hedge pressure at the opening
was ascribed partly to the holding
movement in the South, and
partly to rains in the cotton belt.
In the main, however, operations
of the co-operativeS have been be
lieved largely responsible for the
curtailment of hedge offerings.
japanese Selling
Japanese interests were active
sellers of May, with Liverpool
heavy offerings of March. There
was also 9 moderate amount of
price-fixing in evidence. Addi-
tional liquidation of December
was taken up by spot firms, while
a scattered demand from Wall
Street and commission houses ap-
peared on the receSSionS.
The weather report indicated
general rains through all sections
of the belt with the exception Of
Arkansas and Texas where fair
and cooler weather was indicated,
with frost in exposed places in
western Texas.
According to advices from the
New York Cotton Exchange SER
vice, domestic mills continued to
sell goods in moderate volume dur
ing the past week. 1t was pointed
out that this was the third sue
cessive week of comparative quiet,
and it was declared probable that
total sales in recent weeks have
been below total production as a
whole.
Some Good Sales
However, there have been in
stances where sales have exceeded
output, such as in print cloths and
sheetings. Foreign mills advances
were mixed. English mills ex-
tended recent gains, while advices
from the continent were not so
favorable.
At midday, December was off 5
at 6.34, January off S at 6.37,
March off at 6.55, May off S at
6.72, July off S at 6.91, and Octo-
ber off 5 at TIT.
The Washington times., 1931-11-18
RUBBER Use OFF.
IN OCTOBER

Consumptiou ol crude ru,ber by
manufacture IN the united States
in October decreased 5.8 Pc cent
as compared With Septemt The
usual seasonal decline is 3 j. per
cent.
October consumption is esti.
mated to be 22,277 lcng ton as
compared with 23,638 loAg ions
for September, aud 27,516 'oHg
tons for October, 1850 by the FGa-
ber Manufacturers association
Imports of crude + bier tor Cg
tober were 41,395 Ions tons, an u
crease of % per cert over tfc
September figure of 4n,505 ION,
tons, but a decrease Z. 5.3 pc
cent under October. 1896
The association eStima as total
domestic stocks of crude rJhoer on
hand october 81 at 273,4Uj long
tons, an increase Of rs per cent
over September, and 47,4 per cent
over october 81, 1880.
Crude rubber afloat for the
United States ports on october
81 is estimated at 68.427 long tons,
as against 62,42O long tons on
September 80, and 51,123 long
tons on October 81, 1880.
The Washington times., 1931-11-18
Explosion of Myths Aids
Business, Haney Says

week has lain in the railway
situation, and this has been en-
phasized by the weakness in New
York Central.
1t can hardly be supposed that
the plight of this road is an
isolated case. Central has piled
up bank loans to about the limit.
It is not earning its dividend.
Thus it's credit is impaired at
a time when an issue Of bonds
or Short-term notes is indicated.
Agreements Doubtful
Meanwhile, the carriers are ne
gotiating with the Commerce
Commission concerning the pro-
posal to make some limited rate
advances to be used df effective)
to give or lend to weak roads.
And negotiations are on with
the railway unions concerning
wage reductions, which do not
promise much. The whole rail
way mess seems likely to come
up in Congress.
No settlement is in sight and
further important dividend re-
ductionS are probable.
The Washington times., 1931-11-18
Of COAL
ST|RSPARLEY

PITTSBURGH, Nov. 18 G.N.So
A clash of scientific theories
over the origin of coal today
engrossed attention of delegates
to the third international con-
ference on bituminous coal here,
as scientific phases of the in
dustry came in for more inten-
Sive discussion.
Conflict of theories, hinging
on whether coal was formed of
lignin or cellulose, found Prof.
E. Berl, of Darmstadt, Germany,
aligned against DR.. Frank
Fischer, director of the Kaiser
Wilhelm Institute, Mulheim-Ruhr,
Germany, with the former hold
ing for cellulose and DR.. Fischer
contending bugs" eat the cellu-
lose and leave the lignin to be-
come coal.
Considerable interest attached
to the papers of both, inaSmuch
as scientists and research ex-
perts at the conference have in
dicated that extensive study OF
the formation and chemical con-
tent of coal may aid new ex-
periments designed to provide
new uses and methods Of COM
buStion of coal.
The Washington times., 1931-11-18
Firm Head
Sounds CheerY Note

CHICAGO, Nov. 18 Q.N.S0.
Finance companies are weather.
ing the depression well and prove
the soundness Of the inStallment
credit system, Robert P. Babcock,
president of Long Island Bankers,
Inc, today told delegates attend
ing the annual meeting of the
National Association of Finance
Companies here.
Investigations by 100 banks
showed that only two small
finance companies have failed in
the past two years, Mr.. Babcock
stated. In both cases bank creditors
will receive 100 cents qp the dollar.
The Washington times., 1931-11-18
GrQW-HiLL Honor
Paid DIR. Parn1eLec

DR.. H. c. Parmelee, formerly edi-
tor of Chemical and Metallurgical
Engineering and at one time sec
retary of the American Institute
of Chemical Engineers, has been
elected a vice president of the Nc
Graw-Hill Publishing Co., accord
ing to announcement just made
by Malcolm Muir, president.
DR.. Parmelee will continue as
editorial director Of the company's
"a engineering, industrial and busi-
ness publications, to which execu-
tive position he was appointed in
1928. DR.. Parmelee has been with
the McGraw-Hill organization for
81 wears
The Washington times., 1931-11-18
Rail Bonding Plan
Report Is Delayed

In spite of previous announce
ment, railroad executives failed
to file with the Interstate Com
merce Commission yesterday
their recommendations for a
large pool to be used in paying
interest on bonds.
The plan, which is a substitute
for a proposal made by the COM
mission, provides that funds be
taken from the pool and loaned
to the railroads, instead of given
to them as suggested by the
commission.
The plan, which was worked
out by experts during weeks Of
intensive study, has been ap-
proved by railroad executives.
The Washington times., 1931-11-18
Soviet Wheat Supply
Is SkdrDLu Declining

LONDON, Nov. 18 GN.SD.
Confirmation of the fact that
Russian wheat supplies are sharp
ly declining was received in
figures published by the Evening
Standard today regarding Soviet
grain collections. For July, the
government collected ia per cent
of the amount of wheat it's pro-
gram called for. But, in Septem-
ber, the collections had fallen to
SO per cent and, in October, they
had declined to So per cent.
The Washington times., 1931-11-18
Business in Canada
ShOLUS InaprOUenlent

General business conditions re-
Gently have improved in Canada,
Germany, Belgium, Sweden, Ar
gentina, South China and Aus
tralia, the Department of Com
merce reported yesterday.
Business in France, Japan and
Holland is still declining, the re-
port said.
The Washington times., 1931-11-18
Freight Rate Raised
On Canned Supplies

An increase in freight rates on
canned goods in carloads to. from
and between points in Southern
territory was ordered by the In
terState Commerce Commission
yesterday.
Commissioners Lee and Tate
diSsented on the ground that this
will give an advantage to North
ern canning companies.
The Washington times., 1931-11-18
Employment Gains
In Toronto, Canada

Industrial employment In To
ronto continued to improve in
October when it was slightly in
excess of employment levels a
year ago, the Department Of Com
merce was informed yesterday.
Figures show that 120.462 per
sons were employed by 1888 firms
in October, as compared to 49,
437 in the corresponding month
a year ago.
The Washington times., 1931-11-18
JUMP IN HARD
COALMOvED

Shipments of anthracite for Oc-
tober, 1881, as reported to An
tnracite Bureau of Information,
Philadelphia, amounted to 5,194,-
963 tons.
This is an increase of 1922, ,O42
tons as compared with shipments
during September and when COM
pared with october, 1880, shows
a decrease of 982, 1888 tons.
The Washington times., 1931-11-18

Canada
New York funds in Montreal, SlO7bO
premium on $1,000.
Montreal funds in New York. $102.SS
discount on $1,000.
The Washington times., 1931-11-18
TODAYs QUOTATIONS ON THE NEW YORK STOCK MARKET

Prev 1891 Name aus net
High Low Dividend Rate High Low l2:GS ch'Ss
43H I3k Freept Texas CD. 01 1921 2oH- Il
The Washington times., 1931-11-18

Prev 1891 Name and
High Low Dividend Rate
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-04

bill passed at an early date. They say
only IA purse meters applied for licenses
during 1880, and that of this number
only a few made money. Some men
who formerly operated purse nets are
now favOring the law, evidently realizing
they will make more money in the long
run catering to the wants of anglers.
1t Is understood that the Western
Maryland delegates are strongly in ia
vor Of both measures and that others
from the salt water sections of the State
also will support both bills. The oppo-
sition which has always come from the
Eastern Shore and which has been
strong enough to block any measure
aimed to protect fish, either in the bay
or other waters, is rapidly diminishing,
and the added upstate strength this
year Is said by those fostering the meas
ures to be SUFFICIENT to overcome all OPP
position.
Just why there should be any oppo-
Sitton to such conservation measures
by men who for hte last 10 or IL years
have seen the fish supply being depleted
by their methods of catching fish is
hard to understand. Every true angler
in the District, Maryland and Virginia
sincerely hopes that there will be no
more dabbling and no compromises in
the Maryland Legislature this session
and that these bills will be passed
without delay,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-04
b the Associated Press.

A TLANTA, Ga. January 3.-W
~ A. Alexander, Georgia Tech
~ foot ball coach, believes the
proposal to record the number
Of hours given over to foot ball at
American colleges is one of the most
constructive measures passed at the
recent coaches meeting in New York
Alexander, retiring president of the
American Coaches Association, said the
plan called for coaches to keep an ac-
curate count Of the hours devoted to
foot ball during the Spring training.
Fail practice and the games.
When this is DONE" said Coach
Alexander, "the foot ball committees
OF next year viii have something def
mite upon which to base the estimate
of q minimum and maximum number
of hours for coaches to give to foot
bali work and 1t also viii serve TO put
all colleges on an equal basis In the
matter Of attention and work devoted
TO organization and training Of a foot
ball team"
The statistics will give the coaches
something concrete whereby they may
confirm or disprove criticisms that foot
ball is overemphasized, Coach Alex
ander said.
Alexander said Paul Schissler of
Oregon State kept such record last
year. His findings were approximately
tnnt 80 hours were devoted b practice
pSsDr TO the opening Of schods Is hours
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-04
A's Top League in Successful
Late Inning Rallies in 1880

The Cleveland Indians, by winning
81 and losing 81 in the fading ends Of
games, were second in that respect
Washington was third with 80 and IS
and Detroit was fourth with 81 and %.
The White Sox were on the lower side
of the halfway mark with 20 and 3D.
Donnie Bush's boys discovered that
the seventh inning was their most
eventful round, battling in Is games
that were decided in the "stand-up-
for-luck" inning. They lost Is of them.
The Browns, who won 80 and lost
38 games in the late innings, took part
In % contests won or lost in the seventh.
They. also, lost Is Of them.
Despite their punch, the New York
Yankees had the misfortune to fade
away in the concluding innings. Lost
IL out of IA in the ninth inning, al
though having a one-game edge on
those decided in the seventh, eighth
and extra innings. The hapless Red
SoX showed conyincingly they lacked
staying power, as they dropped II out of
% in the seventh, 6 out of 10 in the
eighth, 8 out Of IA in the ninth and
IS out of II In extra rounds, thus drop
ping A. out of SO after the sixth inning.
The following table shows the late in
nings in which games were won and
lost.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-04

Tomorrow-Mount Vernon VS.. De
Molay, 8 pm; brakes VS.. Tremonts, 9
pm, Central High.
Tuesday-Pontiacs VS.. Monroes, Z
pm: Mercury VS.. Clovers, pm, East
ern High.
Company E VS.. brakes,
pm; Crescents VS.. Eastern Whirl-
winds, pm. Central High; Tremonts
VS.. Griffith- Consumers, 8 PM, Macfar-
land Junior High.
Thursday-De Molay VS.. Mercury,
pm, Eastern High; Potomac Boat Club
VS.. Monroes, 8 pm, Central High.
Friday-Petworth Nets VS.. brakes, Q
pm, Mcfarland Junior High.
Saturday-Pontiacs VS.. Clovers, Q
p.m.s Eastern High
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-04
HOWARD QUINT BEATEN
BY TWELFTH STREET "Y"
Clever Short Passing Is Feature of
1921 Victory-Hal1 Scores
ID Points for Losers.

In one Of the best exhibitions of
short passing witnessed on the Twelfth
Street Y. M. c. A. court for many a
day, the "Y" Big Five defeated the
Howard Varsity quint yesterday, 25
to 81.
Hall of Howard opened the scoring
two minutes after the toss up, and JEFF
fries tied the count minute later. The
"Y" soon jumped into the lead, with the
elongated slim" Thomas and the elu-
sive Eddie Davis setting the pace. At
the half the "Y" was leading by IA to 8.
Hall was high scorer of the game
with ID points, while Jeffries led his
team with 8. Capt. Beasley played a
sensational game at center. E. Davis
and Ed Davis, keymen of the Y attack,
pulled the crowd to its feet again and
again with their brilliant passing and
difficult shots. The playing of Suffer,
Adams and Hawkins at guard was effec-
tive. Syphax, sharpshooting Howard
forward, was held ScorelesS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-04
GRID JOB MUCH SOUGHT
Many Are Ready to Relieve Cody
Resigned Clemson Coach.

CLEMSON COLLEGE, s. c., January
3 Rc.-The Clemson College Athletic
Council, after a meeting today, an
nounced successor to Josh Cody, re-
chosen by the end of the scholastic
year when CodyS resignation takes
effect. Numerous applications for the
post have been received, it was said
Cody submitted his resignation
Thanksgiving. Since then alumni and
athletic officials Of Clemson have
sought to persuade him to change his
mind, but he announced in Spartan
burg yesterday that his original inten-
ton had not been altered.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-04
YANKS CAN'T WIN GAMES
WITHOUT RUTH'S HOMERS
With the BambinO Gradually Slipping, Manager Nc.
earthly Will Face Big Problem in Keeping New
York Club a Contender in Pennant Scramble

with winning percentage Of .5S8 I'M
mediately thereafter home runs began
to grow very scarce and hard for the
Babe to pick. In the 80 games he
played from then on to the seasons
end he Socked out five homers, or one
in each SO gameS-hah his previous
rating. In these games also his batting
average dropped. You wouldn't have
noticed 1t in any other player, but Babe
was only .347 hitter in late August
and September. And 80 of his 43 hits
were singles only. During this August
September period the Yankees won only
l6 games while losing 10 for a per-
centage of Asst, which drop from .588
was all out of proportion to Babe S
slight fall-oh in batting average or
even his more serious inability TO cop
a home run in at least every third
game. Yet there are the figures, and
you can take them for what they are
worth.
The simple fact Is, aside from all the
figures one could compile, that when
Babe slumps ever so little from being
the biggest home run threat in the
world, the whole Yankee team carries
itself below par. It's that old posi-
bility of homer from the big boy any
time he comes to bat that keeps the
Yankees keyed up-and you can bet
real money that it would keep any
other team keyed up, too. The fault
isn't the Yankees, and 1t isn't Babe
Ruth's. It's just a set of circum-
stances. So long have the Yankees
been game winners on the impetus
given them by the bat Of the mastodon
mauler that they just can't imagine
themselves possessing conquering ability
when the Babe isn't swinging spheroids
over the outer barriers.
Therefore, it will not be simply the
passing of Ruth that Joe Mccarthy will
have to Offset. He will have a bigger
job than that, and his bigger Job will
be the perplexing one of making team
of Yankees that can win ball games
with no superman in right field and
no superman at the plate in batting
position No z
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-04
Vols Keep Trio
OF Grid Coaches

KNOXVILLE, Tenn, January 3
N R).-Maj. Robert Neyland,
head foot ball coach at the
University of Tennessee, and his as
sistants, Col. Paul B. Parker and
Maj. w. H. Britton, have renewed
contracts with the university.
Parker will become athletic director
and continue to coach the line.
Maj Britton will continue as as
sistant foot ball coach and head
coach in basket ball and track.
Signing of the coaching triumvi-
rate means the continuation Of the
old Army game at Tennessee, which
in five seasons has brought 43
victories, losses and ties to Uni
versity of Tennessee foot ball teams.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-04

THE Federal Governments new trout
i and bass culture station, for which
an appropriation of $4,000 was author
lied by Congress last Spring in a fish
cries program under the White bill, will
be located at Leetown, Jefferson County,
w. Va.
The tract to be acquired comprises
100 acres at a cost of $35, 900, it was
stated A mill on the property will be
converted with other buildings to the
use of the station.
Work on the project will begin early
in the Spring, it is stated, and when
finished will be the second major fish
cries development within the State.
There is a hatchery at White Sulphur
Springs.
The constant supply of spring water
on the tract, together with general
topography and other advantages, made
it especially attractive to the experts
from the Bureau of Fisheries.
JANUARY will be an important month
for anglers of Maryland and the
District Two vital measures will be
presented to the Maryland Legislature,
one the purse net bill and the other the
bill to prohibit the sale of black bass.
These bills, it Is understood, will be in
troduced at the same time, but the
purse net bill will be taken up flrst.
Those in charge Of the measures in
Maryland hope to have the purse net
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-01-04
GALLAUDET TOSSERS
ROUT STRAYERS FIVE
With Cosgrove, Ringle Heading
Attack, Take Kendall Green
Game, 45 to %.

Strayers Business College was toppled
by Gallaudet in q 45-to-28 basken ball
game on the Kendall Green court last
night.
Although the Blues shooting was
not SO good the team always was ahead
and disposed of Strayers handily.
Loverton Of Strayers was the only play
er able to haraSs Gallaudet. Capt
CoSgrove and Johnny Ringle were best
u the Kendall Green team.
Fouls were frequent, but the fast
floor work Of both teams kept the
breaks of the game about even. Gal
laudet led at the half time, 40 to IL.
In q preliminary game the Merry
Widowers were defeated by the Gallau-
Diet Reserves, 80 to Is. Reinbolt starred
for the Reserves.