davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1932-07-19
STOCKS SEESAW
/ WAY A TRIFLE
HIGHER
BY LESLIE GOULD

NEW YORK, July 19 uN.SJ.
Stimulated by rally in the New
York city traction securities on
the improved outlook for unifica'
tion, the stock market today
staged an irregular recovery from
yesterdays reaction.
The improvement was generally
slight, however, and the market
See-sawed through a narrow range
in dull trading.
Commodities Improve
Speculative sentiment was aided
by steadiness in bond prices and
better action of commodities.
Leaders did little. United
States Steel was steady while
American Can worked fractionally
higher. American Telephone re-
, covered from forenoon sluggish
, ness, but made only modest
, progress on the upside. Tobacco
issues we're strong led by Amerl'
can Tobacco B. :,
Du Pont went to new record
low in the early dealings on
further selling induced by its
poor second quarter report, but
regained it's loss later. General
Motors was dull.
Utilities showed few changes Of
Importance.
Auburn Erratic
Auburn bounced around, run
ming up more than 2 points at
one time and then Slumping
about S points in a few minutes.
It later came back near yester-
days close.
Rail stocks showed firm tone
with the northern carriers work.
ing higher. New York Central
continued to meet steady de-
mand. Atchison improved while
Union Pacific converted an early
decline into a small gain.
The Washington times., 1932-07-19
BANK RECLA!NS
DEPOS|TORS

Frank W. Lee, president, re-
ports that deposits yesterday in
the Mt. Vernon Savings Bank ex-
ceeded Withdrawals by $4,000.
Many who withdrew their money
Saturday reopened accounts yes
terday, and more are returning
today, showing confidence in the
bank is fully restored, according
to Robert T. Highfield, cashier.
Rumors that large downtown
banks are to take over some Of
the banks that closed last week
are unconfirmed. Of the North
Capitol Savings Bank, however,
R. V. Fleming, president of Riggs
National Bank, commented:
ut is too soon to know the
exact condition of the bank.
Ibis bank is not contemplating
such action. The North Capitol
Bank is in a good location and
most probably will be absorbed
by one of the strong downtown
institutions"
The Washington times., 1932-07-19
BANK NOTEPLAN
SCRUT|N|ZED

Applications by national banks
for authority to issue bank notes
with the backing of Government
bonds bearing 33s per cent inter
est, or less, will be scrutinized with
the utmost care by Comptroller
of the Currency j. w. Pole before
permits are issued.
Officials today anticipated there
would not be extensive use of
this feature of the home loan bill.
Available as new backing for
currency is $3,064.871,2 200 in 3,
31s, and 33s per cent bonds. But
a third of that amount would be
used at the maximum, inasmuch
as the banks would be limited
to their capitalization in the vol
ume of currency issued.
Outstanding national bank notes
June 80 amounted to approx
mately 500. 100000, an increase
of $52,OO0,O0O during the year.
In Federal Reserve notes ST.
8O,222, 900 were in circulation.
higher by $1,O72,OO0.OOO than a
year ago. The total circulation
of money was $5,695, 100000, an
increase of $1,174,000,0 900 as COM
pared with June, 1880.
The Washington times., 1932-07-19
Drug Incorporated
Edrninq Dividends

The report of Drug. Inc, for
the six months ended June 80
1882, probably will show the com.
pany's dividend requirements OF
So a share for the period earned
on the 3,501, ,499 no-par shares.
For the six months ended June
80, 1881, Drug. Inc, and subsidl-
aries reported net profit of $10,-
652,51O after taxes and charges.
which was equal to $3.04 share.
In the March quarter this year,
Drug showed net profit of $4,561,-
573 or $1.30 a share, against $5,-
384, ,146, or $1.54 a share, in the
first quarter last year.
The Washington times., 1932-07-19
French Phone Cost
Put at S3.O3 O. Year

CHICAGO, July 19-The 1lli'
noiS Bell Telephone Company ap.
peared on citation from the Illi'
noiS Commerce Commission to
show what change, If any, is
necessary" for the company's
French type cradle telephone sets
Counsel for the company pre-
sented evidence to show that the
cradle equipment costs the com,
pany $2.03 a year per set more
than the old style phone or 3
cents more than the extra charge
to customers.
The Washington times., 1932-07-19
DOLLAR EASING
IN EXCHANGE

NEW YORK, July 10 G.N.SD
The dollar continued to ease in
relation to major foreign curren-
cies in the exchange market
today, with the pound sterling
continuing it's advance and gain
ing l cent to $3.561s.
A feature of today's market
was the sharp return staged by
Scandinavian currencies. Norway
was up .OOO7 at .1772. Sweden up
.0005 at 1926 and Denmark up
.0008 at 1923. The yen was also
strong, rising .0006 to .2762.
The United States gained
$7,212,00O in gold yesterday. A
total of $3,OO4,60O was added to
this countrys monetary gold
stock through a decrease in gold
earmarked for foreign account,
while $4,184,000 was received at
San Francisco from Japan. An
import of $23,40O from Mexico
was also received here.
The Washington times., 1932-07-19
American ChicIe Co.
Half Year Net S1.@

NEW YORK, July 19 Q.N.SO.
American Chicle Company g
ported net income for the six
months ended June 80 of $751;
242, equal after charges to $1.94
a common share against $1,109,-
384 or 1922 a share in the like
1881 period.
In the June quarter net income
amounted to $516.430 or $1.05 a
share, against $624,115 or $1.25
share in 1881.
The Washington times., 1932-07-19
Retail Food Index
LOUer for Month

Retail food prices showed an
average decline of about l per
cent between May IS and June
IS, the Bureau of Labor statistics
reports. Comparing June is this
year with a year ago a drop of
approximately 1512 per cent is
shown.
- H. - W~'-'-+od irA-Y
number with average prices in
1918 as 10000 were 100.1 for June
IS, against 1913 for May Is and
1888 for June IS, 1881.
The Washington times., 1932-07-19
CHICAGO LIVESTOCK

CHICAGO. July 10 .s).-Hogs:
$4,000; 10015c lower. Top, $3.50;
bulk, s45O@48O; heavy. s4.5O@A75;
medium $4.6O0A9O light, $4.SO0ASOi
light lights, $44O@4.75: packing sows'
$3.5O@4.25; pigs, $3.75 94.4O. Holdovers'
5000.
Cattle-7, 900. steday Calves. $4,000.
steady Beef steers: Good and choice.
SsQ950; common and medium. $6.50 a
S; yearlings, $7@9.5O. Butcher cattle;
Heifers, $685. cows, s2.75 @525; bulls.
RAMA: calves S466: feeder steers,
S42566; stocker steers S405.5O
stocker cows and heifers, 1904.
Sheep--11, 900 steady. Lambs, IS. 50
a 6 so: common, S4@5 yearlings, sac
475; ewes, $162.5O: feeders $3.50 q 4.
The Washington times., 1932-07-19
CHICAGO DAIRY PRICES

CHICAGO, July 10 G.N.sl.-ButtAr-
1858 tubs. Creamery extras, 18Hc
firsts. 15@1sc; Vacking stock, 1Oc; spe-
cials, 1S%c619Ac.
Eggs-8.213 cases: ordinary current re-
ceipts. 12@13c: fresh graded extra firsts,
11iSc; checks, 101ac
Cheese-Young Americas 11Kc; Long
horns, II 611Ac; brick, fancy. II &c;
Daisies, .11% @11kc; double Daisies
The Washington times., 1932-07-19
LOWeSt Rate Is Set
For Cdrded Cotton

NEW YORK, July 10 QN.SJ
Production of carded cotton cloths
during June amounted to 200
$4,000 yards, the lowest monthly
rate since comparable records
were first established, the asso'
citation of cotton textile mer.
chants of New York reported to-
day, =,
The Washington times., 1932-07-19
Good Business
Gains Cited

Drug Inc. more than earn
ing So dividend requirements.
Peoples Gas Light and Coke
Company quarter net is S2.S5.
Reserve member banks in
crease commercial loans $780,
100000.
International Hydro profits
higher than for year ago.
Gillette net increases as
charges are cut down.
The Washington times., 1932-07-19
WOODS ARE QUIET

NEW YORK, July 10 G.Ns) Wool
market quiet. Domestic fleece un-
washed Ohio and sylvania l2W
15A: domestic pulled secured basis.
@7637; domestic Texas. clean basis
2s6sS: domestic territory, clean basis
23137.
The Washington times., 1932-07-19
WASHINGTON STOCKS
SALES

I SALES
washington Gas .5s, $4,000 101.
Washington Gas IS B, $1,000
l001a.
Washington R. & E. Is, $1,000
@79.
Potomac Electric 51as pf, 40
1O31b
The Washington times., 1932-07-19
NAVAL STORES

NEW YORK July 10 GN.SD.-Lin-
eeed Oil--Car lots SIS
Turpentine-Market frimer. 4O%.
Rosin-Nsrket easy; common, 3.25.
The Washington times., 1932-07-19

New York funds in Montreal $40
wremium at $1,000
Montreal funds In New York, $40
discount at 1000.
Evening star., 1932-07-19
RARE CHINA GIVEN
TO STATE SOCIETY
Will of Charles N. Gregory
Benefits Wisconsin His.
toricaI Association.

Old White House china and dinner
service which formerly belonged to
Jeremy Bentham, the philosopher. and
later to Sir Joseph Hooker, noted bot
anist. together with collection of pic
lures and paintings. are left to the Wis
conSin State Historical Society Of Madi-
son by the terms of the will of Charles
Noble Gregory, who died July 10.
The collection is to be held as a
memorial to his father, Jared C. Greg
ory. long a curator of that society; his
mother, Charlotte c. Gregory; his
brother. Stephen Strong Gregory. once
president of the American Bar Associa-
ton, and his sister, Cora w. Gregory
The remaining household effects are to
go to his niece, Charlotte c. Gregory.
Mr.. Gregory's estate Is valued in ex-
cess of sl32, ,e44. and comprises premises
at 2114 Bancroft place, assessed at $22,-
644, and personal property In the Dis
trict estimated in excess OF Sl10, 900.
He also owned real estate and personal
property at Bar Harbor. Me. and In
Madison, Wis. He is survived by two
nephews, Tappan Gregory and Stephen
S. Gregory, and a niece, Charlotte C.
Gregory, all of Winnetka, Wis.
The nephew. Tappan Gregory. and
the American Security & Trust Co..
we're named trustees. They were di-
rected to hold a fund of $4,000 and
two-thirds of the remaining estate in
trust to pay life annuity Of $500 to
Elizabeth Jerns of this city. and the
income from the remainder to sister,
in-law, Janet Gregory and a niece,
Charlotte c. Gregory, during the life
of the survivor. On the death Of the
survivor the $4,000 fund is to go to
Elizabeth Jerns, If living.
The remaining estate Is to be divided
between the two nephews, Tappan
Gregory and Stephen Gregory.
Evening star., 1932-07-19
BUS LINE IS DENIED
FURTHER STREET USE
Must Remove Terminal in Second
Zone by August !, Public Utili-
ties Commission Decides.

The Public, Utilities Commission, at
its semi-weekly meeting yesterday, re-
fused to grant a delay to the Greyhound
Lines in moving their terminal off the
street. All bus terminals in the second
parking zone must be removed from
public space by August l next. accord
ing to the terms of an order issued by
the commission last year.
The Greyhound Lines however, asked
Tor an extension because they have not
been able to complete arrangements for
an ff-street terminal at the Masonic
Temple, Thirteenth street and New
York avenue.
Although no other lines have asked
FOR an extension, there are several,
planning to stop at the Annapolis Ho-
tel, which are said to be in the same
predicament as the Greyhound Lines.
The commission decided to notify the
Washington Gas Light Co. that it would
be held solely responsible for any serv-
ice failures during the Winter season
as a result of its withdrawal of its
application for permission to build a
100000 cubic foot gas holder to ac-
commodate heavy peak loads expected
during the coming Winter.
The company is planning to import
more natural gas and to make struc-
tural changes at its east plant to ac-
commodate the peak loads.
Evening star., 1932-07-19

and also giving shelter to the veterans.
With crowbars and axes. the gambling
squad battered its way through front
and rear doors less than an hour after
they received a "tip" that gambling
operations were in full swing at the I
street address. Except for few scat
tered racing slips, a radio loudspeaker,
a cashiers cage and two telephones, the
raid netted nothing.
GlaSSford, after unsuccessful efforts
to locate the owner of the house. COM
municated with the billeting officer of
the B. E. F. and informed him the
house was available for the accommoda-
tion Of a group Of ex-service men until
police learn the identity OF its owner
The house is equipped with running
water and electricity, and the telephones
are still in operation. Police said be-
tween 100 and 500 colored persons had
been in the habit of frequenting the
place to make bets every day.
Members of the raiding party, in ad-
dition to the police chief, were Head
quarters Detectives Howard Ogle. j. K.
Baker, j. c. Brodrick and J. o. Patton.
1t was the first time GlaSsford had ac-
companied this squad.
Evening star., 1932-07-19
HOUSE RAIDED AS GAMING PLACE
IS BRIEF REFUGE FOR VETERANS
Bonus Marchers Granted Use of Dwelling by Glassford
Yesterday, Are Ordered Ousted by Crosby.

A group OF bonus marchers who were
permitted by Chief of Police Pelham D.
Glassford to occupy an alleged gam
bling establishment following q futile
raid yesterday afternoon were ordered
evicted by Commissioner Herbert B.
Crosby today after the agent for the
house protested.
GlaSsford. after personally conducting
the raid on the suspected gaming place,
located in the first block Of I street
northeast, turned the dwelling over to
the bonus marchers when the raiders
found the place deserted and stripped
Of its furnishings. Apparently fore
warned Of the police invasion, operators
of the place had made a clean getaway,
taking virtually all evidence with them.
R. A. Humphries of 808 North Capitol
street, agent for the house, made his
protest against occupation of the prem
ises by bonus marchers direct to the
Police Commissioner this morning
Crosby then informed the police chief
that the veterans must evacuate.
Gen. Glassford pointed out this morn
ing that in placing the bonus men in
the houssA he was serving dual pur-
pose-plating q guard at the dwelling
Evening star., 1932-07-19

service, which is almost entirely that
of supervision. Being q few months
over 81 years os age, I was compelled
to retire from my position, which
seemed to be in opposition to the ex-
pressed wishes of the President"
Law Provisions Quoted.
Controller General McCarl quoted
several provisions of law in support Of
his ruling that nothing could be done
except by Congress.
THE economy law" McCarl said,
docs not prohibit the. appointment or
employment of retired military officers
in civilian positions but prohibits the
receipt by the same person during the
same period Of time Of retired pay and
the salary attaching to the civilian
Office or position in excess OF the COM
bined rate CT $4,000 per annum."
On the other hand, McCarl pointed
out to Driscoll that the economy act
definitely prohibits the appointment
of a retired civilian employe" to any
appointed Office, position or employ
ment under the United States or the
District of Columbia Governments.
In conclusion, McCarl told Mr.. Drls-
coll: ANY supposed unjust discrim-
nation between retired civilian per-
sonnel and retired military personnel
Is q legislative question and the plain
wording of the statute may not be
avoided or changed by construction OF
Interpretation"
Evening star., 1932-07-19
CONGRESS ALONE CAN RECTFY
ECONOMY FAULTS, SAYS McCARL
Replies to Complaint Of "Un-
Just Discrimination" in
New Act.
A. J. DriscolI Cites Advan.
tages of Military Over Civ
jIian Personnel.

Charges that there Is most unjust
discrimination in the economy bill,
allowing military officers to draw dual
salaries up to $4,000 but prohibiting
civilian personnel from employment
unless they drop their retirement pay,
fled with Controller General McCarl
by A. j. Driscoll, president OF the MID
CITY Citizens Association, were an
swered today by Mr.. McCarl by saying
that any such supposed unjust discrim-
nation was a matter for Congress alone
to decide.
Mr.. Driscoll explained to the con-
troller general that he had been COM
pelled" to retire from the Post once
Department railroad mail service and
was mot permitted to accept position
in the District Government unless ne
gave up his retirement pay OF $l,2oo;
II call attention to the fact de-
clared Mr.. Driscoll, that We have in
our District government three omclais.
one Commissioner. one chairman oi
our Public Utilities Commission, ana
our superintendent of police, all per
mitted to draw dual salaries up TO
$1,000.
Asks for Explana ton.
This being a fact. 1 should like to
be Informed just why I, and many
more occupying similar positions In the
District, are denied the right to accept
a position under our local munlclpal
or local government when the practlce
is already established"
Commissioner Crosby, Chairman Pat
rick of the Public Utilities Commission
and Police Supt. Glassford. all retired
Army officers. have announced their IN
tention of foregoing retirement pay
during their tenure of office with the
District government in favor Of their
civilian pay. cut s3 per cent under the
economy act.
For several years" Mr.. Driscoll said
"I have been filing the position OF
clerk in charge In the railway mail
Evening star., 1932-07-19
HALBERT PUSHING
RELIEF PROGRAM
Formally Named Director of
S350,OO0 Fund-Ready
to Function August l..

The Commissioners yesterday for
mally appointed Leroy A. Halbert di-
rector Of the $35o,ooo unemployment
relief fund, after receiving an execu-
tive order from the President approx
ing the appointment under the terms Of
the economy act. Mr.. Halbert, how
ever, has been at work for a week set
ting up his organization, and expects
to have it functioning by August /.
At present 1t is planned to set up
headquarters in church at John Mar
shall place and c street, acquired by the
city as part Of the Municipal Center
site.
Regulation for Fund.
The District Commissioners also
adopted eight brief regulations to guide
the Board of Public Welfare in admin
istering the s35o,o0o relief fund. The
fund, according to the regulations, must
not be used for the relief Of families
which were not in the main self-sup-
porting prior to October !, 1929, nor
to any person or family not domiciled
in the District of Columbia prior to
July /, 1881"
The Board Of Public Welfare is left
to determine a policy as to extending
loans or to providing wages for persons
who may be assigned by or under
of the administrative
staff to work in a Government activity
or in non-profit making organizations:
or as to extending direct financial re-
lief
VIII Fix Compensation.
The Board of Public Welfare Is di-
rected to fix the compensation Of the
supervisor of the relief; to employ such
persons as may be necessary to carry
ing the relief out, and to fix their COM
pensations: to keep suitable records as
to the benefciaries Of the fund.
1t is empowered to accept the voiun-
tary services Of any qualified person
and to accept findings and recon-
mendations Of established and recog-
nized relief-giving agencies Of the Dis
trict.
It Is instructed to endeavor to extend
relief 70 accepted applicants in such
amounts as will provide only for food.
clothing. shelter and "other necessities
Of life"
Evening star., 1932-07-19
HOUNDS AND POSSE
HUNT COL0RED MAN
IN ATTACK ON TWO
Markham, Va, Fruit Grower
Is Beaten and Wife
Is Carried OFF.
SEARCHERS ORDERED
TO "SHOOT ON SIGHT"
Husband of Ex-Cook in Home of
Victims Is Named in Grim
inal Charges.
BY STAFF Correspondent of The Star.

BY Stah Correspondent of The Star.
WARRENTON, Va. July 19.-Blood-
hounds and a posse of 200 men secured
Rattlesnake Mountain today for col-
ored man who is alleged to have as
saulted and seriously injured Henry L.
Bax,ey, prominent fruit grower of Mark
ham. Va, and his 34-year-old wife.
The colored man, identified by Mrs.
Baxley as Shadrack Thompson, whose
wife was formerly employed as a cook
In the Baxley home, is believed to be
hiding in one of the numerous caves
in Rattlesnake Mountain. Orders have
been issued for the posse to shoot him
on sight"
Criminal charges have been placed
against Thompson, who Is alleged to
have broken into the Baxley home be-
tween and o'clock yesterday morn
ing, beat Mr. Baxley into unconscious
ness with large club and dragged his
wife into the woods a mile away, where
she was found three hours later in
serious condition. Excitement is run
ming high as a result Of the dual as
Sault.
Motive Not known.
The motive for the attack is not
known. but belief was expressed by
ored man. who had been a fugitive
since last Fall, feared Mr.. Baxley who
knew OF his presence in Markham,
might cause his arrest.
Thompson had been missing from
Fauquier County since last Fall, fol-
lowing an alleged assault on his wife,
who at that time was employed at the
Baxley home. The colored mans wife
had sworn to a warrant for his arrest,
which had never been served. After
the attack on his wife Thompson Is
said to have gone to Martinsburg. w.
Va, where he lived until last week,
when he returned to Markham, and
demanded payment by Baxley Of money
he claimed was owned him. Baxley
told police he paid the man and he
disappeared
Thompson was believed to have been
armed and intoxicated when he en-
tered the Baxley home A revolver
which he is thought to have dropped
was found near the house.
baxley First Assaulted.
Mr.. Baxley was said to have been
first assaulted. The assailant is then
thought to have struck his wife, knock
ing her into unconsciousneSs, before
carrying her into the woods. The Bax-
leys' 2-year r-old son, who was asleep in
the house, was not harmed.
When Mr.. Baxley regained conscious
ness, he heard the child crying and
, then discovered that his wife was miss
ing. Searchers went out Immediately
! to look for Mrs. Baxley. but did not
find her until o'clock in the morning.
She was removed to the Fauquier Hos
pital in a serious condition.
Mr.. Baxley. despite his injuries. car
ried his son to the home of his wife's
parents, Mr.. and Mrs. E. Marshall
Newton.
The extent of Mr.. Baxley's injuries
has not been fully determined, but he
is believed to have fractured skull, in
addition to a broken arm and a num-
Der Of cuts and bruises.