davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat., 1932-09-08
RECOGNITION OF MOSCOW WOULD BRING TRADE
Soviet Leaders Claim That If Washington Does That Recognition, There Will Be Big Business Sent Here
BY EUGENE LYONS Copyright 1882 by United Prcss)

Moscow, Sept S.-(UP)-Soviet economic leaders predict a great increase in trade with the United States if Moscow is recognized by Washington.
 They base their expectation on the theory that credit restriction would almost automatically be re- faxed as soon as the legal protec- tion afforded by diplomatic rela- tions is available. Outright or in- direct Encouragement or credits to Russia by government departments in Washington undoubtedly has affected the volume of trade. Russia needs credit before it could make the heavy purchases of American goods which it would | like to do under the second five year plan. Gold for such deals could hardly be negotiated. Soviet leaders argue that much of the American money which has gone to Germany in the past to ] finance manufacturers for the So- viet market would be available to American manufacturers, and that the additional financial support would be forthcoming as the at mosphere of distrust and uncer- tainty is dissipated.
 Soviet-American trade, about 85 per cent of its imports from the United States, fell from the high point of $1S0,OO0,OOO in 1880 to this year. The world crisis was doubtless one element causing the decline, although Russian purchas- es in Germany, England and other countries grew at American ex- DenSe during the neriOd
 A deliberate Moscow policy of holding down orders to American firms has clearly been in opera tion. Dozens of American busi- ness representatives can testify to that from their own dealings with Russian organizations since the precipitate decline began.
 Russians contend that without diplomatic protection, or at least formal trade agreement, they en- ter the American market, whether as buyer or seller, at a great dis advantage compared with other nationals. Their people and their properties have none of the cus- tomary legal guarantees against ar- bitrary official actions and they have no recognized standing in American courts.
 Even more important, they feel that the absence of a solid legal
 base makes American firms and
 banks panicky in dealing with the
 Soviet union, which is reflected in higher prices. Moscow knows that It's paper is being discounted nt rates as high as 30 per cent. which
 In the long. run must be paid somewhere in the sales price, Beyond those considerations,
 moreover. is the Russian hope of eventually obtaining n sizenble loan
 in the American money market n loan commenemcnsurate with tho
 gigantic industrial construction
 work under way hero. ijniiks somo European borrowers. Iluasia Insists she would iiae such q loan solely for productive prposes and ] that every cent Of it would be
The Waterbury Democrat., 1932-09-08
Ritchie Coming
 to Bridgeport
Will Speak at Democrat
 Club Dinner Oct 9

Waterbury admirers of Mary lands distinguished son, Governor Albert c. Ritchie of Maryland, who was a presidential candidate in the recent democratic national conven- ton. will have an opportunity to see and hear him in action next month. Governor Ritchie, who has many personal friends among local political leaders. has accepted an invitation to speak at the 18th annual dinner of the Fifth District Democratic club of Bridgeport. The affair will be staged at Champs Farm on October 9th.
 Governor Wilbur l.. Cross Democratic National Committed man Archibald McNeil, Congress man William l.. Tierney of Green wich, and all the democratic can didates named at the convention in New London to-day will be in at- tendance.
 It is also expected that Mayor Frank Hayes, former Mayor Will liam B. Thoms, Chairman John Il. Crary of the local democratic town committee and others who met Governor Ritchie at the Chicago convention will be present at the ceremonies.
The Waterbury Democrat., 1932-09-08
BY BOYD LEWIS

United Press Staff CorrespOnednt. Piainville, Conn, Sept 8.-(UP) --One of the most colorful political figures Connection has ever known John Harper Trumbull, the for mer flying governor-returned reluctantly from private life, rolled LID his sleeves and set out to-day to try to win the governorship back to ; the republicans.
 Here in the town which has seen John Trumbul1 and his brother Henry build up tiny electrical contracting business to a great six acre factory employing thousands of men and women, there was no other topic of conversation to-day but the action of the republican state convention yesterday in draft ing the former governor to run again.
 men were elated at the prospect that once more "the governor might sit at Hartford but there was one at Plainville who was not hap spy-Henry Trumbull, his brother, = q didn't want to see 1t happen, said Henry Trumbull. we need him here. But what has happened can't be changed.
 Nor was John Trumbull happy about his nomination.
 "When I retired from office two years ago it was my fond desire and hope to return to private i1le and to my business" he told lne delegates at New Haven who nao named him unanimously In ara matic poll of the conventlon-eacin, calling the name TrumpulI un.i, then entire body of about 9oo hao signified it's preference TOT the former governor. ..
 II deeply appreciate the honor 2. you have conferred upon me put u will mean great persohai SOUL flee on my part" ,or vention as he stood in the glare of overhead arc lights which cast a hiphlight on his bald head ana deep shadows in the creases Of the haggy. impressed tweed suit which clothed his guant frame.
 For one tense moment 1t seemed he would refuse. ..,
 "But I recognize my debt to tne republican party" he quickly coh- tinued. ,a, 1yere
 The tension lifted, hands Were poised for applause and voices cleared for cheers. ~ .,, ,,r
 and now let's roll up our sleeves and get busy to wln .he election" he challenged.
 The delegates shouted, clappea stamped. J. Henry 5ona Rorabaek nrinned ned Senator Hiram Bingham srlnneu broadiv But Trumbull was grim He hurried away from the cor. con vention hall too tired and over wraught to visit with his frienos
 Henry Trumbull-vexed though he was that the state demanded talents he felt should be a's;o devoted ee toward the Trumbull Eleetrlc Le ss -spoke with note of Dride as ne told the United Press of his broth CTS humble beginning.
 John was always the outside ia man. He went out ana so' hnn ,no orders and remained in the shol' and made the goods. He had a persuasive way about him. It was
The Waterbury Democrat., 1932-09-08
HOOVER TO TAKE STUMP FOR HIS
 REELECTION
New Work and Boston in
 East and Chicago and
 St Louis in West May
 Hear Him i
By HENRY F. MIssELWITZ United Press Stan Correspondent)

United Press Stan Correspondent)
 Washington, Sept B. (UP)-# President Hoover probably will de- liver his first campaign address in the next few weeks either at Bos- ton or New York.
 The presidents plans, however, remain uncertain. It was reiter- ated that he would not take a ma jor part in the public side of the republican party's efforts to re-. elect him. Republican chieftains in New York and New England, however, have brought coniderable pressure to bear to get him to open his brief part in the campaign in that area.
 Senator Watson, republican, In- diana, said after a lengthy con- ference with the president late yesterday that he believed MT Hoover would deliver at least three speeches, in the east, one in the middle west and one in the far west.
 It was doubted in administra- ton circles that the chief execu- tive would go beyond the Missis- sippi valley. He cancelled his planned trip to open the Olympic games at Palo Alto because of the pressure of state affairs. It was pointed out it hardly would be policy now to make the long journey solely to appeal to the far west electorate for support.
 Hence, it appeared-as reported last month by the United Press, that MT Hoover's political appeals will be confined to speeches in the aest and middle west. Aside from New York and Boston, it was be- lieved he would appear at Chicago and possibly in St Louis, Mo.
 The president meanwhile is talking politics" with various re- publican chieftains. He found words of cheer from half a dozen with whom he has conferred this week, senators, state republican leaders and others advising him that things are picking up."
 Senator Watson and Senator Hatfield, republican, West Virginia, were late callers at the executive offices yesterday, and went away prophesying Hoover victory. the bill as part of his change when he cashed a $20 bill in Bridgeport. He will be turned over to secret service agent for examination,
The Waterbury Democrat., 1932-09-08

alleged attempt to pass a counter felt $10 bill in this city last eve ming. He was taken into custody on the complaint of a clerk in q store at 15 Grand street. He had offered. the bill in payment for a small purchase, but when the clerk declined to accept it gave him another bill.
 Santos claimed that he received
The Waterbury Democrat., 1932-09-08
Engagement Announced

MT and Mrs William J Meuten of 77 Harvard street have an- nounced the engagement of their daughter, Elizabeth Catherine to Dr Alfred J. Finn of Second ave- nue. Waterbury. Tho wedding which will take place at st Michael's R. c. church. will be an event of Monday, Sept 18th.
The Waterbury Democrat., 1932-09-08

Wish that I had been recom- mended to this office a long time ago as l surely h a V e made life miser- able for every one in our fam fly, not to mem tion the suffer- ing that I have
The Waterbury Democrat., 1932-09-08

the bill as part of his change when he cashed Q $20 bill in Bridgeport. He will be turned over to a secret
 service agent for examination.
The Waterbury Democrat., 1932-09-08
Counterfeit
 Ten Dollar Bill

Anthony Santos, "A, a former resident of Waterbury, was being held at police headquarters to-day for a quiz in connection with his
The Waterbury Democrat., 1932-09-08

spent in the United States. The above are some Of the prin. cipai reasons for soviet officials de. siring diplomatic relations with the United States--mainiy for prac. ticai purposes. as they point out.
The Waterbury Democrat., 1932-09-08

Because Of increased brisnndase and general disorder. farmers of Manehuria may not Do able to plant more than 60 per cent Of the usual crops this year.
Evening star., 1932-09-29
LIFE INSURANCE statesmen
Are Not Born
hey are trained and made by US without
cost.
Addrsss Box 40-R, Stor Office.

100000
WASHINGTON SUBURBAN SANITARY
DISTRICT
MARYLAND
FIVE PER CENT BONDS
(Guaranteed by Two Counties)
Sealed Bids for the purchase of Series
''Z' Of the Washington Suburban Sanitary
District Bonds, issued under the authority
of Chapter l22 of the Acts of the General
Assembly Of Maryland of 1918. and
Amendments thereto. in the sum Of
200 900 bearing Sc interest, payable
semi-annually and dated october l. 1882,
maturing in fifty years, redeemab!e in
thirty years. will be received by the
Washington Suburban Sanitary Commits
sion at Its Office in the Tower Building
Washington. D. c.. on or before 3
o'clock PM. on Wednesday,
OCTOBER S. 1882.
At which time they will be publicly
opened and read. Proposals should be
inclosed in a sealed envelope and marked
Bid on Bonds" and filed at the ofice
Of the Commission before the time above
mentioned
These bonds carry all the exemptions
as to taxes of Maryland Municipal
Bonds and are guaranteed uncondition-
ally as to both principal and interest by
Montsomery and Prince Georges Coun-
ties by Endorsement on each bond.
The approving opinion of Messrs. Mas
slick & Mitchell. attorneys, of New York
City. will be furnished to the purchaser
without charge.
Application has been made TO the
Public Service Commission OF Maryland
for the approval Of these bonds.
A certified check for $4,000 must ac-
company the bid.
The Commission reserves the right to
reject any or all bids.
Circular on request and bids must be
submitted on information contained
therein.
WASHINGTON SUBURBAN SANITARY
COMMISSION
T. HOWARD DucKETT.
Chairman.
EMORY H. BOGLEY.
J. DONALD CLAGETT.
Commissioners.
804 Tower Building.
l4th g. SITS. NV, Washington, d. c.
Evening star., 1932-09-29
CURB SHARES SAG
AFTER EARLY GAIN
Losses Held to Small Pro.
portions-Coffee Break
Affects Food Shares.
BY JOHN A. CRONE.


NEW YORK, September 29.-Leadiag
stocks on the Curb Exchange moved
slightly lower at midday today after
opening higher. Trading, however, was
only in moderate volume.
In the public utilities, Electric Bond
& Share was one CT the few features.
It moved within a fractional range.
Cities Service was q trifie heavy. as
was Standard Oil Of Indiana. Ford
shares were the most active In the
motor group during early dealings.
Brazilian reports Of the collapse OF
the revolution around Sac Paulo caused
firning Of quotations on Brazilian
Traction and q steadier tone in Amer
ican & Foreign Power warrants. Great
Atlantic g. Pacific Tea. following the
200-point break at the opening Of the
Coffee Exchange here sold of slightly
as the company Is not only the worlds
largest retail grocery chain. but the
biggest single buyer of Brazilian coffee.
David Pender Grocery A shares
opened up 83s points, but the B shares
were unchanged. Swift international
was steady. Swift g. Co. pointed
up a point and other food shares
ranged from steady to Arm as demand
wideneG.
Reports Of a steady inflow of shoe
orders benefited United Shoe Ma
chinery Similar reports from the glass
trade broadened dealings in Pittsburgh
Plate Glass. Among the regular divi-
dend declarations were those Of New
Jersey Zinc and Eureka Pipe Line.
Wick Financial Corporation, one OF
the most active Of trust shares In late
transactions Wednesday, advised share
holders of a special meeting on Octo-
ber 20, when 1t Is proposed to reduce
capital by retirement Of some shares
based on the then value OF the assets
with certain securities not included,
and a continuation Of the company on
a new capitalization basis.
Smaller earnings were reflected In
the opening quotation of Tampa Elec-
trio. Outstanding in preferred shares
was a rise of points In Minneapolis
Honeywell preferred. An early gain In
Safety Car Heating & Lighting was
erased in the third hour, but A. q
Smith Corporation retained its ao'
vance.
Taken as a group. public utility pre-
fe-red shares were the weakest sectlon
of the list in early afternoon oeanngS
with such issues as Associated Gas &
Electric IS preferred, Empire Gas q
Fuel s8 preferred and Illinois Power q
Light per cent preferred on points
or more.
Selfridge Provincial Stores attained
new peak for the year as London cables
reported better business there. Al.
though silver metal prices were un-
changed, Bunker Hill Sullivan Mining
Yielded a couple of points. Mohawk
Mining. because Of a severe subsidenct
of the company's property in Mohawk
Mich. was compelled to suspend oper'
ations. but the stock, always very in.
active, did not reflect such news. New.
mont Mining regained part Of its initia
,oss. Wright -Hargreaves Mines reported
net of more than 81 100000 In tht
fiisv eight months. Gold shares, how
ever, Jagged.
Evening star., 1932-09-29
JUNIOR BOND LIST
. At LOWER LEVELS
Prime Group Continues in
Upward Trend, However.
New Highs Scored.
BY F. H. RICHARDSON.

Special Dispatch to The Star.
NEW YORK, September 29.-Junior
bonds reacted after strong opening
today, parallehng the movement Of the
stock market following declines in COM
modities. Meanwhile, however, high
grade bonds continued their upward
trend unimpeded by outside factors.
Foreign dollar bonds were also strong.
Opening gains ranged from p point
IN seasoned bonds such as New York
Central debenture As, Great Northern
rs, Dodge Brothers IS. Goodyear SIS,
Western Union IS and Philadelphia CO.
SIS to a point or more in highly specu-
lative issues. including Erie Refunding
SIS. Nickel Plate 5l2. United States Rub
Der SIS, McKesson g. Robbins 5lss, In
ternational Telephone IS and American
g. Foreign Power SIS. But the advances
were nearly all converted into small net
declines in later selling.
In the high-grade market new highs
were reached by the cream of the rail
list-Atchison general As, Burlington
4los. Norfolk & Western As and Union
fac1Ac rIrsJ as. Prime uIlnty ponds
pursued like trend. The recent issues
of Commonwealth Edison. Peoples Gas,
Brooklyn Edison and New York Edison
were all in brisk demand at good PIE
miurns, while older outstanding utility
bonds. such as Detroit Edison AIS,
American Telephone SIS and many Issues
traded on the Curb also reached new
tops for the year.
United States Government bonds
were steady. Money rates were un-
changed.
Peoples Cas- Brooklyn Edison and
al p
mand at good premiums, while older
outstanding utility bonds such as De-
troit Edison 41as, American Telephone
SIS and many issues traded on the Curb
also reached new tops for the year.
United States Government bonds
were steady. Money rates were un-
changed.
Evening star., 1932-09-29
TOBACCO PRICES GAIN
IN CAROLINA MARKET
BY the Associated Press.

RALEIGH. N. c.. September %
Omitted States Department of Agricul-
ture) In comparison with last sea-
son average tobacco prices on the
Middle North Carolina belt markets
are materially higher. The percentage
of increase was greatest in the lowest
qualities and least in the better qualities.
Average prices-Orange leaf B F,
2O50: B F. 1410: B s F. go.
Lemon lugs, K L, $780, x 2 L, 2O.5O;
x L. 1910. Orange lugs, x F,
1000; X F, 1890; x F, 800.
Sales were light at Oxford. lasting
about an hour. Medium to low quality
leaf and lug grade predominated.
Sales were light at Smithfield in the
new bright belt. but fairly heavy at
Farmville, where offerings consisted
chiefly of medium quality leaf grades.
A majority of the offerings at Smith
field was made up Of the lower quality
leaf grades
Average prices-Lemon leaf B 3 L,
2l.8O: B L, 900. Orange leaf, B 3 F,
2900: B F, 1920; B 5 F, 1l.90:
B 6 F, $50: B F. $40. Lemon lugs
x L, 11.20; K L, TO.
Evening star., 1932-09-29
Retail Store Stocks.
NEW YORK. September % (sneci

NEW YORK, September 29 (speciaD.
Stocks CT all merchandising COM
panies have been in better demand in
connection with the expanding volume
OF retail trade and evidences that the
public is beginning to feel that present
prices for goods are low and that the
day Of great bargains may rapidly be
coming to a close. The shares of the
retail stores and Of the national dis
tributors Of merchandise have been un-
der accumulation for several weeks. The
fact that none of these companies re-
Gently has disturbed dividend payments
has had good effect On buyers senti-
ment. In a number of cases stocks
whose dividends have been reduced or
passed have since advanced to the high
est level Of the year. A case in point is
Associated Dry Goods preferred, which
has more than doubled in market value
since the dividend was suspended.
Evening star., 1932-09-29
R.. &c. OFFICIAL RESIGNS.

BALTIMORE. September 20 (Spe-
ciaU.-Hueh Leach has resigned as
treasurer of the Reconstruction Finance
Corporation and will return to his regu-
lar duties as managing director OF the
Baltimore branch of the Federal Re-
serve Bank on Monday.
He returns from leave Of absence
granted by the Federal Reserve Bank
so that he might serve for temporary
period as first treasurer OF the recon-
struction agency, post he has held
since the corporation was formed last
February 2.
Mr.. Leach was appointed managing
director of the Baltimore Federal Re-
serve branch last October, coming here
from the Charlotte branch.
Evening star., 1932-09-29
s. TREASURY CERTIFICATES
Washington Stock Exchange

washington OlUUN ENO'Id'I9C
SALES.
Washington Gas $500 at 1907.
Potomac Elec Cons. 5s-Sl 900 at l02.
Washington Gas IS "A"-S500 at S9l4.
Washington Rwy. & Elec. pfd.-1 at 80.
AFTER CALL.
Washington Gas 5s-s1 900 at 1907,
$500 at 1901.
Washington Gas Is $500 at 10l y,
5000 at 1919.
Potomac Electric 6s 1953-s1Oo at 1O7.
Potomac Electric Go pfd.-10 at 108ls.
Evening star., 1932-09-29
NATIONAL BANK.

The following figures are not bids. but
merely represent minimum prices fixed py
ire Stock Exchange.
Evening star., 1932-09-29
Bid and Asked Prices.
BONDS.
PUBLIC UTILITY.
STOCKS.
PUBLIC UTILITY.

American Tel. & Tel. go )........'l13is .....
Capital Traction Co. .;....... e g
Wash. Gas Light Co: l8l: 80 88
Norfolk & Wash. Stmbt. tl2D... '99 125
Pct. El3c. Power &c pid: ..... 108 ITO
Pot. Elcc. Power 5l2rc pfd. -. l04 104i2
Wash Kw:. & Elec. com. 70. 295 go:
Wasl2. RWy. & Elec. pfd. o.. ~ slla
Evening star., 1932-09-29
New York Cotton

Special Dispatch to The Star.
NEW YORK. September 29.-Cotton
prices were to 9 points lower at the
opening of the market today. Trading
was active.
Opening prices were: october, 7.ls,
Of 0; December, 1925, of 8; January,
7.3O. off 7; March, 738, of 8; May, 7.46,
off 8, and July, 7.55, OF 8.
Evening star., 1932-09-29

Dividend rates in dollars based on las.
quarterly or Semi-annual payment sEx
oNioend tPartly extra :plus AZ in stock
a Pny'ble In cash or stock b Payable in
STOCK Adjustment dividend Plus Sc,
IN stock. Plus 81 in stock h Plus IL
IN IN STOCK Plus % in stock. Plus 100
IN STOCK. nj Plus 80 In stock n Plus 90 in
stock. Paid last year-no REGULAR rate
Evening star., 1932-09-29
MONEY MARKET.

NEW YORK, September 20 R.-,
The money market was dull and un-
changed today. Call money on the
Stock Exchange ruled at 2 per cent
and call funds offered In the outside
market at / per cent. Rates for time
money and commercial paper were also
unchanged.
Business reply envelopes" have just
been introduced into England.
The Washington times., 1932-11-29
COUNTY BACKS
ECONOMYPLAN

Montgomery county will sup
port in the next State legisla-
ture the economy program made
public yesterday by the State
tax commission, Lacy Shaw, head
of the county commissioners, said
today.
AS long as the tax program
provides an adequate source Of
revenue to cover the county cut
Of 81 cents to 40 cents, the
commissions program generally
comedies with the original pro.
posals of county heads.
In placing the cost of maintain
ing county roads in the hands
Of the State roads commission
as first suggested in the county
and yesterday accepted by the
State commission, coupled with
the school decrease, a 20 cent
cut in the county tax can be
assured. That will make the
rate $1.1O for $100 of assessed
valuation instead of $1.30.
1t is understood that the
county budget will be pared with
other economies and that pay
cuts for county employees are to
be considered.
The Washington times., 1932-11-29
GA 8 REVENUES
.SHOWLOSS

A decrease of $9,612 in net
operating revenues of the Wash
ington Gas Light Company Tor
october, as compared with Oc-
tober, 1881, was shown in the
monthly statement filed with the
Public Utilities Commission to-
day.
The total net operating reve-
nues amounted to $l53,253 as
against $162,856 in October, 1881.
Operating expenses for the month
totaled 1904, $50, against $312,S27
in the corresponding period a
year ago. Expenses were $8,168
lower and operating revenues
were lower, amounting to $457.'
9l2, in comparison with operating
revenues in october last year OF
475,692.
Taxes in October this year
called for $34,035, against $26.824
q year ago, and uncollected bills
were larger, leaving an operating
income Of $116,412 against $134,-
446.
The gas company also reported
earnings for the first 10 months
of the present year. Net cor
porate income before dividends
totaled $848,952. against $913.355
in the first 10 months of 1881, a
decrease Of $64, 4,403. Business
conditions and rate reductions
during the year are the chief
causes of this showing.