davidaulloa/AmericanStories huggingface dataset:
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-08-13
A BENEFIT AFFAIR

Unit 5, Section IS, District Q of the
Communist Party will hold an affair
at 1913 fremont Ave-, at 177th ST.,
on August 9th at 8 p. m. for the
benefit of the $4,000 Save the Daily
Drive. Entertainment will be pre-
vided by the Workers Laboratory
Theatre, section of the Freiheit
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-08-13

Singing Society and a Negro dance
group. Comrade Sheppard, Commu-
mist candidate for Lieutenant Gov
ernor of New York State, will be the
main speaker. All workers are in
vited.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-08-13
HATHAWAY IN DETROIT.

DETROIT, Mich.--A city wide
Daily Worker conference in connec-
ton with the subscription and finan-
cial drives will be held Monday, Aua
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-08-13
New Jacksonville, Fla.
Branch of Two. First
to Contribute to Daily

The newly organized branch of the
International Workers Order is the
first of the branches to answer the
call issued by the National Executive
Committee of the I. w. o. for the
support of the election campaign
fund and the $4,000 Save the
Daily drive.
At it's very first meeting, the
branch raised $25, of which $40 was
sent to the Daily Worker and SIS
to national election campaign FIND.
Which branch of the International
Workers Order will be the first to
follow the example OF the newly
formed Jacksonville branch?
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-08-13
Attempt to Debort
500 Negro Families
in Newark to South
Those Who Have Lived There Less Than Five
Years Not "CitiZens"
Call Mass Conference to Mobilize White and
Negro Against Bosses Scheme
By REBECCA GRECHT.

Newark
THE TRUsTCoNTRoLLED GOVERNMENT 500 UNEMPLOYED
NEGRO WORKERS AND THEIR FAMILIES TO DEPORTED"
FROM NEWARK SOUTH
The deepening
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-08-13

the Communist Party and its can
didates to defeat the further attacks
which Hoover is planning to launch
on the workers. The way to defeat
Hoover and his hunger and war. pro-
gram is not by supporting Roosevelt,
candidate of the Democratic Party
which stands on the same platform
as the Republican Party, or Norman
Thomas, candidate of the socialist"
third party of the bosses.
Only a vote for Foster and Ford
will constitute a blow against the war
and starvation plans of the capital
lists.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-08-13

gust Is, 7:30 pm. at the Greek Work
ers Club, 1877 Monroe.
Clarence Hathaway, director of the
National Election Campaign Com
mittee will address the meeting.
A celebration of the entire Com
munist press, in which all language
newspapers will participate jointly
with the Daily Worker, will be held
Sunday, August IA, at the Workers
Camp, Pennington, Mich.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-08-13

overlooked the hall here, and as
many more wanted to get in and
couldn't when Ford spoke, Aug. 10.
Many came from miles aday.
The town is dominated by a Justice
Of the peace and a sheriff, who are
trying their best to force the locked
out men of the Follansbee Steel Mil
to go back with wage cut when
the mill re-opens Aug. IS.
Ford and Jack Stuart, local Com
munist Party organizer, urged the
steel workers to turn the lockout into
a militant strike under rank and file
leadership. He called on them to
build the Steel and Metal Workers
Industrial Union here.
This was the first Communist
meeting ever held in Follansbee, and
when the sheriff saw the temper of
the crowd he did not attack the
meeting.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-08-13
Part of Fight for Relief

FA1RPOIN Ohio, Aug. IL. -
Fords meeting here yesterday be-
came part of the local struggle
against starvation. Gathered in the
open air on hillside, $50 miners
heard the Communist candidate for
Vice-President call for ceaseless
struggle for that plank in the Com
munist platform demanding I'M
employment insurance at the expense
Of the employers and their state.
Evening star., 1932-05-12
INCREASE IN AUTO
SALES IS REPORTED
May Business Expected to Show
Substantial Gain Over Figures
for April.
BY DAVID J. WILKIE.
Written for tha Assacjatad prsss

DETROIT, May l2.-Because the in
dustiy has only just begun to realize
the possibilities of rubber, steel and
petroleum, automotive engineers gem
orally see the future of the motor car
as more secure than ever. Attributing
the greatness of the automobile indus
try chiefly to progress in the develop
ment OF these three basic materials, the
engineers declare that as further facts
concerning their potentialities are
learned, so will come additional great
ness to one of the worlds youngest
giant industries.
speed vehicles ever would have been
possible; We are just beginning to learn
some Of the thousands of applications
for rubber"
In alloy steek tensile strength has
been built up from $4,000 to l25,OO0
pounds and We have ball bearings that
withstand 100000 pounds. There ap-
pears to be no limit"
The possibilities of petroleum are
infinite"
These were the remarks Of one of the
industry's leading technical minds,
Charles F. Kettering, to a gathering of
his fellow workers this week The really
efficient motor, he said, still is to come
and the potentialitieS of steel and petro-
leum will contribute to its perfection
Some day" he said, "it will be posi-
bic to drive from Detroit to st. Louis
on gallon of gasoline"
Manufacturing activity in the indus
try has shown moderate expansion
during the last few weeks, but there
has been 20 whole return of workers to
the plants. AT the same time reports
on the registration Of new cars through
out the United States show an encour-
aging upturn, with indications that
May sales will run far ahead of April.
Evening star., 1932-05-12
BRITISH BANK RATE
CUT TO21-2 PER CENT
Second Reduction Ordered Within
Month-Stock Prices Are
Marked Up.
BY the Associated Press.

BY the Associated Press.
LONDON, May 12.-The Bank OF
England reduced its discount rate today
from 8 to 21a per cent.
It was the second reduction within
less than a month. The rate was low
cred on April 81 from 31s to 3 per cent
With the budget details completed
at that time, it was announced, the
bank was able to make further move
for cheaper money in the hope Of
checking the influx of foreign money
for short-term investment.
As usual, the stock Exchange antici-
pated the lower bank rate by raising
values of gilt-edge offerings. but the
actual announcement was cheered and
further slight gains were recorded ON
good yielding securities.
Market discounts have been so Low
for the past few weeks that no further
decline was anticipated, but market men
expressed the opinion that the trading
community would benefit by using COM
mercial bills in the money market al
the low rate instead of overdrafts al
Joint stock banks which charge higher
rate.
The belief prevailed that the way was
now cleared for handling a big wal
loan conversion scheme to effect con-
siderable saving in interest payment.
Evening star., 1932-05-12
Washington Produce

Butter-One-pound prints, 90 score,
2s; % score, 22; standards, 20: tub. %
score, %; 90 score, 81: standards, 10.
Eggs-Hennery. IA; current receipts,
H.
Poultry, alve-Turkeys, young hens.
ls; toms. IL; old toms. IL; crooked
breasts. IL; Spring breilers, eolored,
u to . pounds. 20; Plymouth Rocks,
2 to 2la pounds. 2s; Plymouth Rocks,
8 pounds and over. 25; Leghorn breil-
ers, "a pounds. IT; Q pounds ana ever,
~: hens, medium, l4al5; large, 14a1a;
keats, young, 40a50; old, SOa4O; Winter
chickens, 18a20; stays. II.
Poultry, dressed - Turkeys, young
hens, 81; young toms, Ia; old toms, Is:
crooked breasts, Is; Spring broilers,
colored, l II to pounds. 23; Plymouth
Rocks, 2 to 214 pounds, 26; Plymouth
Rocks, pounds and over, 20; Leghorn
brotlers, 112 to 2 pounds, 20; q pounds
and over, %; hens, medium, l7alS:
large, 17a1S, Leghorn hens, 15aIs:
ROSTERS, ID; keats, young, 6Oa70; old,
30a40; Winter chickens, 2la2S; stays,
Is.
Meats-Beef, prime, IS; good, 12;
veal. top, 10; good, g.; lamb, top, 16;
good, is; pork loins, top. IA; good, IL;
fresh hams, l1a12; smoked hams, lSa
16; strip bacon, l5a16: lard. Z: COM
pound, 61a
Live stock-Hogs, light and medium
s.75; heavy, 3.00a3.25; pigs, s.50a3, rs;
roughs, 1.50a275; calves, 3.0oa5 SO:
lambs, 5.00a75O.
Fruits-Watermelons, 100; canta-
loupes, iumboS, IL; standards. 10;
strawberries, 2.50a45O: cherries. 2.0Oa
225; apples, bushel baskets, 75a1. rs;
fancy box stock, 1.5oa2.25; pears, 3.5Oa
400; pineapples, ESQ; grapes, Almerias,
l.Taa2.25; alligator pears, 4.00; oranges
California, 3o0a3.50; Florida, 3.5Oa4'S0
lemons, 4,00a425; lines, per 100, 200:
bananas. 1.25a2.00; honeydews' 3.2sa
400; grapefruit, 300aS.25; rhubarb.
per dozen punches, 50a6O.
Observation-Disclosures, new, per barrel
800; old, 100-pound sacks, las; Idaho
bakers, 2.50a2.75; sweets, per bushel
75a1 90; tomatoes, hugs, $50; repacks,
Span crates, It's; peas, 1.5Oa2 90:
string beans, 1.00a3.0 limas, 4.OOa5 90:
squash, S.00aS.50; eggplant, $50; car
rots, $50; beets, 2.50a2.75; turnips, rs;
asparagus, 1.50a3 so; cucumbers, per
dozen, las; spinach, 75al 90; kale. So;
mushrooms. 65a90; cabbage, baskets,
l'5Oal.75; celery, 3,50.
Evening star., 1932-05-12
FEDERAL BANKING
CONTROL IS URGED
Reserve Board Governor
Suggests Reorganized
System.
BY CHAS. p. SHAEFFER,
Associated Press Business Writer.


Eugene Meyer, governor of the Fed
eral Reserve Board, favors a unified
banking system in this country whereby
all banks of deposit would be under one
chartering power, and one supervising
and regulatory power, vested in the
Federal Government.
Under the system the entire banking
structure would be reorganized, and the
States would be denied jurisdiction over
all banks of deposit.
Meyer believes there are necessarily
many difficulties involved in the present
set-up which involves State banking
systems, a National banking system,
and a Federal Reserve System the lat
ter having a membership derived from
both the State and the National groups.
He points to the diversity of regulatory
agencies and to the competitive situa-
ton which develops at times as a result
of State banking laws permitting prac-
tices which National banks cannot le-
gally engage in.
While admitting that many Of the
States already have good banking laws
and equally good banking supervision,
Meyer. nevertheless, holds there should
be no exceptions made in such unified
banking plan as he suggested.
Under any circumstances however he
advocates that the head of any such
banking system as outlined should be
entirely independent and as far re-
moved from political influence as Is
humanity possible.
The Reserve Board head says many
bankers in the United States favored
the maintenance of the present dual
system of banking in order that one
system might be played upon by the
other.
They have seen advantages in being
able to threaten leaving the National
banking system If the laws are made
too strict, he says. And again, when
banking authorities and banking laws
in the States have hampered their ac-
tivities, they have been glad to be In q
position to threaten bolt to the Ma
tional bank system.
Evening star., 1932-05-12
CURB SHARES DROP
0NL|CHT OFFERINGS
Leaders Register Fractional
DeelineS-0iI Group Con-
tinues Its Gain.
BY JOHN A. CRONE.
Special Dispatch to The Sta,

special Dispatch to The Star.
Of the confused price tendencies that
NEW YORK, May 12.-Breaking out
marked the dull openSg, stocks ON
the Curb Exchange, with few excep-
lions, moved lower today. Trading,
however, decreased on the decline.
The usual market leader, Electric
Bond & Share, moved narrowly but at
11A was of Is. Cities Service around
3A was down IA. American Gas 81
Electric did not decline as much as q
half point during this period. Stand
ard Oil of Indiana was virtually un-
changed.
Further statistical improvement in
the pretoleum industry and new price
advances today made the oil shares
that were active the most uniformly
strong group IN the market Resump-
ton Of work at the Pittsburgh Ford
plant and increased operations at the
Chicago plant of that company at
tracted tape attention to Ford Motor
Of Canada A and Ford Motor Ltd. dur
ing the noon hour.
Copper stocks ignored the new slash
in the red metal, which a SIS to 5A
cents pound established a record low
leveA Despite proposals Of a silver
conference and the recent squirt in
the white metal, Bunker Hill-Sullivan
opened lower.
The lowered British bank rate
brought buying into English shares
listed here. British-American tobacco
B in point of appreciation and Brazil
Ian Traction in activity were the chief
beneficiaries.
Buckeye Pipe Line, whose April and
first four months deliveries were down
104, ,404 and 107, PAL barrels, respective
ly, from the same 1881 periods, broke
nearly point. Crude oil deliveries by
the nine former Standard Oil carriers
showed an increase of 19,104 barrels in
April over March, but 424 barrels less
than in Ar il, 1881. Northern Pipe
Line opened lower though it's April de-
liverieS increased 81, ,320 barrels over
April, 1881.
Humble Oil failed to respond to its
advance In Bunker fuel and Diesel oils.
Derby OH had discounted its 1882
fiscal year deficit of $27,S28 against
net income of $1,000 in 1891. Penn
Mex Fuel yielded, as did Imperial Oil
and International Petroleum in initial
dealings.
Selling in the aviation division, which
brought General Aviation to a new low
and unsettled other issues, resulted from
the proposed economy measure in Wash
ington, which would provide for a fiat
reduction Of 10 per cent in post once
appropriations and naturally curtail air.
mail operations,
Ford Shares exhibited selectivity.
Daniel Reeves responded 10 its April
sales report. Great Atlantic g. Pacific
opened down 2 points. Carnation Co.
dipped to a new minimum. The two
Swift issues stubbornly resisted offer
ings, National Food Products reported
q ,nk -
1880 net loss of sos, 5,639. Several sessions
ago the shares declined more than
point on light volume.
Reliance Management and Reliance
International Corporation eased as the
latter declared only so cents on its So
cumulative preferred, against rs cents
previously paid.
Evening star., 1932-05-12
EARNINGS REPORTED.

NEW YORK, May IL CP.-The
Columbian Carbon Co. reports net in
come of S277,954 after all charges for
the quarter ended March 81. This is
equal to 81 cents share on the out
standing stock, and compares with
$500. SOL, or s1.04 a share in the frst
quarter of 1881.
The American Safety Razor Co. re-
ports for the quarter ended March 81
consolidated net profit after deprecia-
ton, Federal taxes and other charges,
equal to 10 cents a share ON the out
standing stock. This compares with
S1.09 a share in the first quarter Of 1881.
Evening star., 1932-05-12
BONDS ARE LOWER
/ IN ACTIVE MARKET
u. S. Government Long,
Term Issues Lose Part OF
Recent Gains.
BY F. ii. RICHARDSON.

Special Dispatch to The Star.
NEW YORK. May 12-Bonds moved
today in moderately active trading.
The market failed to obtain stimulus
from the cut in the Bank of England
rate to az per cent. This was cut
of u per cent at time when reduc-
ton of a full point had been expected In
London. Opinion was divided as TO
whether the New York Federal Reserve
Bank would reduce its rate after the
markets elese today.
- United States Government long term
issues were "a to "a point lower. There
was no change, however, In the quota
tions for short t-term Treasury notes and
bills. The Treasury today announced
the offering of another s75, ,e0a, 600 Of
el-day discount bills
The continued emphasis on the rev.
enue measures for higher income taxes
was a supporting influence for entirely
tax-exempt securities, such as mu-
nicipals and a few inactive Liberty and
Treasury descriptions. New York State
Is were quoted $40 jer cent yield basis
bid and s,eS asked. This is an improve
As were quoted $40 per cent yield basis
In the past week. 1t is paralleled in the
obligations of nearly all States and
those cities that have not had trouble
with their tax collections and bond
maturities, including Cleveland, Los An
eeles, New York, Philadelphia and San
Antonio.
Many prime corporation issues rose by
small fractions Among these were
American Telephone SIS, Consolidated
Gas 5las and other high grade utility is
sues and small group of seasoned rail-
road issues. There was also moderate
demand for industrials like Goodyear IS,
United States Rubber 5s, Youngstown
Sheet & Tube SIS and some Of the Cana
dian rails and municipals.
Speculative railroad issues were weak.
The downturn In rail stocks, which
coincided with new dividend reductions,
had direct effect on the bonds. De-
clines of ! to 2 points sent many of
them to new low levels for the year.
Active losers we're Baltimore & Ohio
refunding IS, Chesapeake Corporation
SIS, Erie refundipg SIS, Missouri-Pa Pacific
avs, Frisco prior lien A Is, Southern
Pacific AIS and Southern Railway As.
In the foreign department German
government SIS and rs and German
municipal and corporate obligations
were lower. The authorization of a
huge German lottery loan and a debt
amortization plan were offset by new
political disturbances, resulting in the
Temporary closing Of the Reichstag,
and by the continued decline of Ger
1nanyis external trade.
> Japanese bends were firm. The jap
anese government announced today the
introduction Of a new bill to the Diet,
which is to meet May %, providing for
flduciary issue of 1000 ,0o0, 600 yen
and exchange control. The bill would
give almost unlimited authority to the
minister of finance to prevent all ex-
change transactions not based on trade.
Evening star., 1932-05-12
Markets at a Glance
NEW YORK. May II R.-stocl

NEW YORK. May II R.-Stocks
heavy; rails touch new lows. Bonds
easy: rails heavy. Curb heavy; utilities
and industrials decline. Foreign ex-
changes steady; German mark at 1882
high. Cotton lower, local selling, easier
stock market. Sugar steady; trade buy
ing. Coffee higher; Brazilian buying.
CHICAGO, May II (R1.-Wheat weak:
bearish Canadian Government report;
weak foreign markets. Corn easy; ideal
Southwest weather; easiness cash mar
ket. Cattle: more active and firm.
Hogs: steady to higher. ..
Evening star., 1932-05-12
FIRE INSURANCE FIRM
HOLDS ANNUAL ELECTION
Special Dispatch to The star.

Special Dispatch to The star.
ROCKVILLE. Md, May I2.-At the
85th annual meeting of the members
of the Mutual Fire Insurance Co. Of
Montgomery County, the main ONCE
of which is at Sandy Spring, the fol-
lowing directors were chosen: Harry o.
Garner, Robert e. l.. Smith, Frank d.
Leizear, Floyd E. Davis. John A. Jones,
Thomas D. Griffith, Samuel Riggs, j.
David Bale, G, Rust Canby, H. j.
Patterson, Norman H. Warield, Francis
Miller and T. Poole Jones.
The directors reelected Frank D
Leizear president, Allan Farquhar, sec
retary-treasurer; A. d. Farquhar, as
sistant secretary; Rowan r. Erb and
Henry w. Becraft, clerks; Robert E. L.
Smith, counsel, and Harry G. Garner
and Robert E. L. Smith, jr., inspectors.
Evening star., 1932-05-12
Grain Market

CHICAGO, May IL [P).-Wheat
prices developed increasing instability
today, and during the late transactions
in particular underwent sharp down
turns.
1t became more and more evident
that wheat was without aggressive buy
ing support. The last hour of trading
witnessed stop-less offerings on broad
ening scale, with rallies feeble and far
between.
Wheat closed unsettled, 12sa1% un-
der yesterdays finish corn, ska1 down;
oats. ssa9s off, and provisions showing
to 10 cents decline.
Grain table:
Evening star., 1932-05-12
Public Utility Preferreds.

NEW YORK, May IL (speciaD -
Investment buying Of the highest grade
public utility preferred stocks recently
has advanced prices of these shares
considerably. The best showing has
been by Consolidated Gas and Buquesne
Light, both per cent issues. On the
other hand, there has been enly mod
crate recovery in the second grade pre-
ferred shares of the power and light
companies. in spite of the protection
that has been given them through the
renewal Of bank loans and publieati ten
of eminently satisfactory statements of
earnings fer the past IL months.
Evening star., 1932-05-12
UNION PACIFIC CUTS
DIVIDEND TO $3.50
Stock Placed on So Basis, Against
$40 Previously Paid-Earnings
$9.93 a Share.
BY the Associated Press.

BY the Associated FresS.
NEW YORK, May 12-The Union
Pacific Railroad today declared q divi-
dend of S150 on the common stock
Previously the company paid $25e
quarterly.
This was the first dividend reduction
by Union Pacific in the current de-
preston. The common had been pay
Ing $40 annually since 1918, prior te
which year the amounts varied from
$3.50 to $l150 since 1900. the largest
payment having been made in 1917,
when the total included a $3.50 extra
Union Pacific earned 1898 a share
on It's common In 1891, against s15.63
in 1880.
Today's dividend Is payable July
to stock of record June l.
Evening star., 1932-05-12
Machine Tool Trade.

NEW YORK, May IL R.-With the
approach Of Summer, the outlook for
any considerable improvement in the
machine tool industry scarcely can be
called bright, reports the American Ma
chinist The inactivity of other i'm
portant markets throughout the coun-
try now Is shared by New York. which
for a time felt optimistic, according to
this review.
Evening star., 1932-05-12
Dairy Industry Sound.

NEW YORK, May IL R.-By ae-
cepting the recent sharp price decline
IN dairy products as normal develop
ment the dairy industry has taken a
long step toward adjusting itself to the
new conditions, and is. therefore. main
tanning sound position, says Bun's IN
special survey. With any substantial
increase in the volume of distribution,
prices should show a considerable i'm
prevemeHt, according to the survey.
Evening star., 1932-05-12
Steel Production.

NEW YORK, May IL 6P.-fnget pro-
duction Is being barely maintained at
last weeks average of "a per cent, ac-
eording to Iron Age. Slight improve
nent in some lines is Offset by dullness
IN others. Although automobile de-
mand has not provided a stimulus.
further purchases by Ford are expected
next week
Evening star., 1932-05-12
Match Production OFF.

BY the Associated Press.
Preliminary figures by the Census Blu
reau indicate the production of matches
in 1881 In the United States showed
decline In value of Ia per cent, from
S20,351 OPS in 1929 to SIT 1927. 900 In
1881. There was also a reduction in
the number of manufacturing estab-
lishments, from al In 1929 to II In
the latter year.
Evening star., 1932-05-12
New York Cotton

Special Dispatch to The Star.
NEW YORK, May 12.-After making
the best quotations of the day at the
opening. cotton prices eased off today
under the influence of new low records
for rubber. copper and silk and ended
around the bottom, to points lower
than yesterday,
Weather conditions in the South were
mainly favorable, though Atlantic sec
tions are now in need of moisture. Spots
were reduced 5 points to $40.
Cotton range:
Evening star., 1932-05-12

-, Dividend rates in dollars based on last
guartery or semi-annual payment sEx
aiggidend g tPartly extra. 1Plus ~ in stock.
s,aoE q s,raEyaois n cash or stock. Payable in
IN stock. 2 Plus 81 in stock. h Plus IL
IN steck. fPlus 20 in stock. Plus 1o%
IN sLock n Pius 80 In stock. Plus 8S in
stocA- Paid last year-no regular rate
Evening star., 1932-05-12
COPPER AT B 10 CENTS.

NEW YORK, May IL C4).-Sales OF
copper have been made at 51a cents
pound, according to reports heard
today in copper trade circles This is
Il down from the previous level and
an all-time record low price for the
metal.
Evening star., 1932-05-12
Washington Stock EXCHANGE

SALES.
washington Railway & Electric pfd.-
10 at 83. 8 at 80, 10 at 80.
AFTER CALL.
Potomac Electric Cons. 5s-Sl 900 at
. lo2, $1,000 at 102, $1,000 at 1o2,
$1,000 at Io2. 80
washington Railway & Electric pfd.-
10 at 8S, 10 at s3, 10 at s2&, 20 at 90,
10 at SO, 20 at SO.
Y Rid a~I AsLI n-:
Evening star., 1932-05-12

Rev. j. E. Roscoe of Christ Church,
Bacup, England, conducted a special
service for 237 couples whom he had
married In the last IA years.
Evening star., 1932-05-12
CHICAGO STOCK MARKET

CHICAGO, May IL (R),-Following is
the complete offieial list of transactions
in stocks ON the Chicago Stock Ex-
change today: