davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1932-04-08
HEAVY SELLING
BRINGS MANY
NEWLOWS
By LESLIE GOULD

NEW YORK, April 8 G.NSJ.
Widespread reports that a large
speculative group was supporting
the market failed to make much
impression in trading circles to-
day.
Initial quotations were irregu-
larly lower on the average. and
prices further sagged / to points
under heavy selling.
q. S. Steel opened 20 to 35b
lower, American Telephone was
off 70 at 10724, General Electric
was unchanged at 1873, Auburn
Auto was off "a at 551a.
Low for General Motors
General Motors dipped 1s to a
new low at 13, Union Carbide was
off "a at 1894, American Can was
off 70 at say, and John Manville
showed loss of 3s at 1875.
Rails were irregular, with Atchi-
son off "a at 521a, Canadian Pa
cific up a point at 13, Chesapeake
ana Ohio up 1s at 1914; New
York Central unchanged at %;
Pennsylvania unchanged at IA,
and Southern Pacific off 70 at
151s.
Mining stocks were mixed, with
American Smelling up "a at 84;
International Nickel off "a at
6A; Kennecott unchanged at 61s,
and Anaconda up Is at 51s.
Utilities continued to show a
heavy undertone, with North Am
erican off "a at 2612; Consoli-
dated Gas off IS at So; Electric
Power and Light unchanged at
6As, and Columbia Gas and Elec'
trio off q at IA.
Match Preferred at 81
International Match preferred
Sagged to the 81 level for a net
loss of "a. Case Threshing was
unchanged at 281s; Bethlehem
Steel was up 1s at 1412; National
Dairy was off 5s at 233s, and
Montgomery Ward was off Is
at 7A.
Oils held narrowly, with Stand
ard of New Jersey off % at 263s;
Texas Corporation off 1s; at 11ls,
and Socony Vacuum unchanged
at Sh,
The Washington times., 1932-04-08
FUTURES
OFF At NOON

CHICAGO, April 8 G.N.SJ.
Continued weakness in securities
oVerShadow bulliSh develop
ments in the grain situation, de-
pressing wheat futures 3s to 7sc
a bushel here at noon today.
The market opened practically
un anged and Immediately
Sagged under pressure despite
firmness in foreign markets and
further bullish crop news.
Corn and other cereals also
turned weak after steady start.
Corn ruled 5s to 34c lower at
mid-session, oats "a to 12c down
and rye 12 to 5sc off.
Liverpool was 3s to 7sd higher
on late cables and Buenos Aires
14c up.
The Washington times., 1932-04-08
COARSE YARN SALES

NEW YORK, April 8 (IN.SD.-Activ-
tty in the coarse yarn cloths market
was limited today. While there was
no volume buying there was a per-
ceptible increase in both inquiry and
In the amount Of goods moved. in
coarse yarn goods generally. Specif-
ically, the bag trade was in for fair
quantities of goods. and most sellers
either moved goods or had chances
which they refused because of variance
between their price ideas and those
OF buyers Check-up Of selling houses
revealed that the majority still are
holding TO the basis OF 3%c to SIC
for SSh inch 5.S5-yard 64x6Os and
that the number of first hands will
ing 20 accept 5%c IL negligible.
The Washington times., 1932-04-08
CHICAGO LIVESTOCK

CHICAGO, April S.).-HogS
$4,000; strong. 10 cents higher. Top,
$4.45; bulk, $3.9O@A4O: heavy. S3.9U@
4.2O: medium. S4.2594.45; light, $4.2O
ing sows S3.25@3.75; pigs, $3.75@4.2S;
holdovers. 5000.
Cattle-2,O 900. steady: calves, 1000.
steady. Beef steers: Good and choice,
$7@S.25; common and medium, $3.50 %
Heifers, $3.5O07; cows $3@4.5O; bulls,
s2.75@425; calves, $4@6; feeder steers,
$4.5O@6; stocker steers. S4@5.76; /;
stocker cow and heifers. $3@4.5O.
Sheep-10,000, steady: medium and
choice lambs, $6.25@725: culls and
common, $4.50955o; spring lambs, $Y3
10; yearling, $5@5.75; common and
choice eyes. &2.5O945O; feeder lambs,
The Washington times., 1932-04-08

81 81 Zonite Prod...... 72s 7% 7%- d
(a) Optional CD Partly (c) Extra
stock and (d) Extra stock e) Including
S-50ths share in (E) Paid (h)
able (x) Paid this year. (AA) 1879 stock.
(ww) With (xw) Without 90
dividend. (t) Ex-rights.
Dividend dollars parenheses.
The Washington times., 1932-04-08
Retail Trade LGgs,
Brddstreet'S Finds

Reports to Bradstreet's from
SIS leading cities throughout the
country reveal, so far this spring,
only a slight seasonal increase
in retail trade and none, as yet,
in the heavy manufacturing lines.
While the warm weather has
increased demand in some cloth
ing and other seasonal merchan-
disc, practically all of the reports
mention volume in wholesaling
and retailing as below a year ago.
The Washington times., 1932-04-08
RESERVE CREDIT UP

The average daily volume of
Federal Reserve Bank credit out
standing the week ended April 6,
as reported by the Federal Reserve
banks, was $1,600,000,000, an In
crease Of $1,00O,0 900 compared with
the preceding week, and Of $685.
100000, compared with the cor
responding week in 1881.
The Washington times., 1932-04-08

united states High Low Last
The Washington times., 1932-04-08
FREEPORT TEXAS NET UP

Business of Freeport Texas Co.
is satisfactory and earnings for the
first quarter of 1882 were slightly
in excess of earnings for the first
quarter of 1881, Eugene L. Norton,
president.
The Washington times., 1932-04-08
BOND MARKET

NEW YORK, April 8 GN.S0-
Bonds went irregularly lower to-
day, with Governments going
against the trend.
The Washington times., 1932-04-08
CURB MARKET

NEW YORK, April 8 Q.N.S0.
For the eighth consecutive session
leading stocks went to record low
ground for the decline.
The Washington times., 1932-04-08

New York funds in Montreal, $500
premium at $1,000.
:, Montreal funds in New York, S95.OO
discount at $1,000.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1932-05-28
MORE MONEY NEEDED-NOWl

Inon an examination of the report Of the comptroller Of
currency Of the date Of December 1881 It Will pc Ionn9
that on June 80 1891 the 20 reporting banks in the United
States deposit receipts their depostors IN the az
gregae $50 10000 and that the cash u the vaults
that day amounted only to So452O0 or
and threeourth cents in cash in those banks
with which to pay each dollar Of indebtedness to their de-
postors.
That appalling and intoerable situation complete
Of the claim that the supply Of money IN the IN
tied States sufficient for the business requirements and
cessities Of the people of this country.
II Is difficult understand why writers for the eastern
newspapers magazines upon the subject OF money always
advocate borrowing from the bankers and paying the bankers
interest instead Of furtherng Legislation tha without the IN
rposon of bankers and the payment 70 them OF inter-
est would place circulation nature silver depo
SITS and why those writers ignore the welfare OF the people
every plan for the reconciliation Of SILVER where
by the prosperity of the people would be promoted their
surplus consumed the price Of their produce and products
creased and the markets for such produce and products
panded.
The American people need silver dollars and not
debts and if their supply of money not increased
the Of these United States will be subjected to the
test of increased depression deprivation distress and
dissatisfaction.
Silver money not 'debased money any than gold
money is debased money"
Silver dollars fifty cent dollars any more tnan
gold dollars fifty cent dollars
Money the creature of law and any substance even
gold which by virtue Of act OF congress exists as money
today tomorrow by of congress be demonezed
Had gold demonetized and thereby ITS consumption
limited to the % % grains Of ne gold IN the
Ond dollar which circulates dollar, would have been
worth fifty Those grains Of gold pass as dollar Dy
of and not because hey ouo nave
commercial value Of dollar in the event OF the demone
tzatiOn of gold
Nor is there any merit in the repeated statement that the
American people should again adopt bimetalsm on ae
count existing contracts payable gold AFTER they nao re-
turned the double standard there would pc JUST as neh
gold In this country for the payment OF gold contracts as
before debtors ability to such contracts would
greatly increase by such restoration
In her deposits of silver nature has provided ample wealth.
fr the restoration Of values the return Of prosperity and
relief from human hunger and distress
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1932-05-28


servatlon regulations, the Canad-
fan Western Natural Gas com
pany. which supplies this city and
Calgary with fuel. is proceeding
with It's own conservation meas
ures-repressurlng Of depleted
wells in the old Bow Island gas
field between this city and Med
icine Hat.
The gas is piped from Turner
valley to Bow Island in q spe
ciaily built pipeline and is fore
ed back into the drained oil
sands through the wells. where
II viii remain stored until re-
CURED. The company IN this
way-the most important repres-
surfing project undertaken on the
continent IN many yearsls stor.
Ing 5.oo0.000 cubic feet 81 gas
daily The amoans forced INTO
the ground 70 the end 81 March
vas 1s1la,ga1 euhic feat
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1932-05-28

announcement has been made as
10 destination 81 the CONSUMED
forces, but II Is common talk
that the sinclair-Prairie company
is going to DO a lot OF work
in the Rocky Mountain region
Success OF the Ohio Oh conn
pany in the Dry Creek field il.
southern Montana in ushering ID
the era OF deep production ln
this state has done much to-
bring abous au altogether new
conception of possibilities here
and I fseg ain you viii short
" see reEets0n Of It In the
shape Of decisive action on the
part OF companies who have hlth-
erto confined kheis operations to
the mid-cOntanent
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1932-05-28
Great Oil Companies Join II
Wholesale Oklahoma Exodus
Severe Tax Measure
Starts MOUe Likely
To Affect Montana


Taking on the aspects of one of the
most significant and rnomentous migrations
in history, great OIL companies whose activi-
ties brought unparalleled wealth to Oklaho-
ma are now leaving that state in body, driv-
en- out by recently imposed high taxes on the
capital of foreign corporations.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1932-05-28

The companies are taking a
full flow Of naphtha from their
wells regardless Of the order Of
the board. This has brought on
a test case and at a hearing
something Of sensation was
sprung. when Frank P. Fisher Of
Mount Vernon, o., for months the
gas expert and consulting engin-
eer for the province, admitted
that certain companies might be
forced into bankruptcy under
the gas conservation program Of
the board.
Ask EnJunctions
The hearing Is proceeding un-
aer Judge A. n Ewing OF the
supreme court The Richfieid
and spooner companies are ask
ing for interim iniunciions. re-
slraining the board from en-
forcing ares
WhNe rafaaf vaAly operators
akm faAa w eolr
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1932-05-28

This Is the word brought from
oklahoma city to Great Falls this
week BY a geoIogist representing
large operating company, van
guard Of the army which is now
sweeping into the Rocky Moan-
tain states, IA the area along
the east face Of the Rockies
widespread Move
"The move is not confined to
a few concerns but is spreading
to them all'' he declared
"As an illustration, one Of the
first to announce plans for with
drawai is the Foster Petroleum
Corporation. This Is the concern
which with the Indian Territory
Illuminating OH company both
headed by H. w. Foster) brought
in the discovery we'll in the Ok
lahoma city field,
Official Announcements
Announcement that the Foster
was leaving the state was made
officially by Roy Hoffman, at
torney for the company.
Marking the northward move
that is commencing. this COM
pany has already begun taking
large blocks Of leases in the San
Juan basin in New Mexico
May Also Move
Since Foster organized the In
dian Territory Illuminating Oil
Company (now controlled BY the
Doherty lnterests) and since acti-
vities OF the two eompanies are
to some extent intsisoeking,s II
is expected the /. r j o. viii
join in the move.
eft is also reported from Tul-
So that the Producers 4 Rein
ers Corporation has closed itsl
Tulsa land and geological office
preparatory 70 joining in TIE ex-
odus.
More Joining Move
Other companies. including
some now headouartering in Tex
IS, are apparently also joining in
the general exodus to the Rocky
states This is indicat-
ID BY several significant recent
nappenings
Sinclair Prairie on May l Of
Totally announced it was closing I
ts wichita 0ffice and that the
sntire force would be moved
rhiA included the land depart
nent, geological. production and
'ield forces.
Heading North
"As far as know no official
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1932-05-28
CANADIAN firms TO DEFY
GAS CONSER ATI0N RULE
Independents To Fight Rule Which Means
Bankruptcy For Them If
Carried Out

LETHBRIDGE, Alta, May % -Indepen-
dent oil companies in the Turner valley field,
two at least, Richfield and Spooner, are defy
ing Turner Valleys gas conservation board,
the government body carrying out the gas
conservation program of the province
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1932-05-28

OIL is the blood of the earth flOVrng through
- fortunes field only 10 enrich the courageous
II sometimes rewards even the non-tflHkIHg busi-
ness Stacker, but IT Hevey lifts the burden rom
The bock of a business coward It's plus marks
Of success generally 90 to those wh0 combine
some degree of thought with action.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1932-05-28

"As "a . ! kn0w q OftlcIaI
The Washington times., 1932-06-02
Compromising Catastrophe
Wage Cut Must Be Defeated

The proposal to make the Government workers. from
Eharwomen and messengers balance the budget out OF
their meager wages is defensibe that it has
been by the Senate Economy Committee than
It was when first suggested.
Hvsterical declarations by President Hoover and the
at the Capitol will justify Congress in
adopting soudesng reported by the Senate
group.
The economy bill passed by the House with its ii per cent
cut of all salaries with an exemption of $4,000 bad
enough Y
But the Senate proposal is cruel and inhuman.
The report of the Senate committee has all Of the earmarks
Of political gesture.
Congress which has been weak and hesant in dealing
with the great problems which have confronted it in time Of
distress asked to make through this proposal an
appeal for reelection.
It is but too apparent that the Senators feel that they
should have definite action which to ask reelection
action will be paraded to the voters the fearless and
unrammeled decision of the Senate to balance the budget
all COSTS
will be paraded as that but the voters will see through
Che pretence.
This BILL if enacted will be perpetual to the
cruelty inhumanity and downright ignorance Of those who
It will mark the burial place of the political aspirations
pf its adherents.
the public generally knows that Congress is not
tbung the public welfare it takes this unwhoesome
knows that to depress the salaries of Government work
from the highest the lowest the destruction
of all wage standards in private industry.
It knows that nothing could be for the nation
than have Congress thus invite the collapse of the founda
on which is built the stability of the American wage
The lines of the workers every class industry will
@hdhy behind the Government employees.
Every worker knows that the struggle of those who are
ehreatened with this stroke is his struggle.
Every worker knows that his economic safety depends
npon the defeat of this iniquitous proposal.
The workers will let Senators know how they before
they called upon this conceived in hys
terra and born of panic.
The Washington times., 1932-06-02
Merger Obstacles
They Should Be Surmounted

The merger of the Capital Traction Company and the
Washington Railway and Electric Company
accomplishment than has been in the twenty-five years
since agitation started for this of an absurd
condition.
Except for those few who believe that any form of unic
ton will be of benefit only to the traction interests there
virtual agreement to the form which the necessary leg
tion should take.
The two important phases upon which there still disagree
ent are the section and the extension of
transfer privilege to apply to transfers from buses
cars and from street to buses.
It will be most unfortunate for city if differences on
these points to be allowed to kill otherwise generally
acceptable plan.
Unless these differences objections are set up simply
20 cause delay and to mask other objections the merger
they will be reconcied.
The objection to the power clause the merger resolution
Is that it will benefit street riders at the expense of
general power consumers.
very similar contract has been in effect for years. but
1t does not have worked any undue hardship
customers OF the power company.
!ne granting OF the extended free transfer privilege as
slsted upon by Senators Capper and Blaine would be Of
assistance and convenience to hundreds of riders
1ts cost TO the unified company would be slight.
therefore this difference should be easily wiped out The
companies should accept the wider application of the free
transfer provision. ~ ~
Anese TWO objections to merger not insurmountabe
Aney can be and should be overcome
The Washington times., 1932-06-02
Behind the Bars
Inside Information

popular beliefs about prisons and prison life are ex
p recent survey Of the beknown penal institution
IN the United Statesng Sing few of our readers have
spent much time behind the bars the given in the
may be interesting $50 ~ wa w
death house. ~ 4O~e " ~
Prisoners are NOT drugged before execution
boales OF executed persons NOT buried in uuickme
trlson lights are NOT dmmed when current is turned
on In the electric chair For 20 years current has been
piled by separate dynamo N" ON NF
Prisoners are NOT paroled for good The parole
board has no power to let out offender until he has
the period prescribed by law.
There are fewer youthful criminals prison now propor
nonately, than there were half century ago.
The typical adult prisoner NOT bachelor Half of the
adults in Sing Sing are married, or have been.
only 20 Of total of $500 prisoners atheists The re-
nalnder believe In some form of religion future fe
These TWO last facts may give the impression marriage
ana are not to crime since many married
verse is true.
More than half Of the adult male population of United
States married It also doubtful whether you could find 20
atheists men picked random throughout country
The trouble with the gentlemen in Sing Sing be
little marriage and too little religion instead of too much
That S' it the law Of averages means anything.
The Washington times., 1932-06-02
THREE-MINUTE JOURNEYS

Although much has been
written of the Sudan, only the
traveller who has visited it can
understand the fascination and
interest of this amazing tract
of sandy land, it is so deep and
mysterious. One has feeling
of being isolated in a vast
world, despite the oaSes and
villages along the winding Nile.
Years ago travellers who made
their way through the Sudan
incurred hardship en- route,
but today the lure of the desert
is aided and abetted by trains
with dining and sleeping cars,
while the steamers that ply the
Nile are pleasant and commodi-
GUS, and the number of visitors
to the Sudan is constantly in
creaSing.
Wadi Halfa, the northernmost
town of the Sudan, is most
fascinating, and so popular has
it become with tourists that a
really good hotel has beer n
opened there, with sun porches,
terraces and all the comforts
that mean so much to the
traveller. From Wadi Halfa so
many side trips and excursions
invite one that quite a prolonged
stay is required if the district
is to be thoroughly visited.
Whether the visitor to Wadi
Halfa is O big game hunter.
The Washington times., 1932-06-02

11CS AAODAANCOAN
has put himself on the spot.
He has put himself on the
toughest spot a man can oc-
cupy, and each day he bumps
himself off
BY HIS OWN INDIGESTION!
Indecision. That doesn't
seem a very serious plight, does
it? You laugh at the chap
who can't make up his own
mind. Perhaps you despise him
a little. You may even become
irritated if his wobbling inter-
feres with your own program.
But you certainly don't think
of him with horror as you'd
think of a man about to be
shot, stabbed, poisoned or
strangled.
AND YET A MANS OWN
INDIGESTION CAN MESS UP
HIS LIFE AS BADLY AS ANY
ASSASSIN'S BULLET.
Safer to Die
It's much pleaSanter and
safer to die, however, painfully,
than it is to live without the
ability to make up your own
mind.
Minds are supposed to be a
blessing, a rare privilege which
man alone enjoys, and by
which he is elevated above the
bruteS. And IF you can con-
troll and direct your mind, then
a mind IS a blessing.
BUT IF YOU CAN'T CON.
TROL YOUR MIND 1T BE-
COMES A CURSE, NOT A
BLESSING.
The man who can't make up
his mind is like a poor rabbit,
torn by ravenous beasts.
The Washington times., 1932-06-02

athlete, sportsman, geologist,
antiquarian, historian or just
an ordinary tourist out to see
the world, there is something
of vast interest for everybody.
There is a really tricky nine
hole golf course, and squash
and tennis are played at the
local sports club. It is grand
to vary ones routine with
scenery and temples one day
and golf. tennis and dancing
the next.
The fascinating bazaars of
Wadi Halfa exhibit all sorts of
native craftsmanship. Two of
the shops are especially good,
and the prices are quite rea-
sonable. There is a glorious
public garden too, with a pro-
fusion Of European and tropical
flowers, trees and shrubs. Many
gardens, well laid out, are like
oases in the town. and from
the windows Of the principal
hotel there is a view Of tall
palm trees.
From Wadi Halfa a motor
journey takes one to the rest
house at Gemmai, about 20
miles south, over a road that
is a bit rough. but exceedingly
picturesque, through scenery
that is wild and junglelike and
giving lovely vistas up and
down the Nile.