davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1933-03-14
| LICENSES
FOR THREE
BIC ONES
HELD Up
Conservation Rules Federal.
American; Franklin Voices
Surprise at Delay

Twenty Washington banks
reopened their doors today
for regular business, marking
the end of the national bank
holiday, while local bankers
predicted that one major out
come would be the consolida-
ton of some of the smaller
and weaker banks to further
strengthen the local banking
situation.
Reopening of the banks, after
being closed a week ago yester-
day by the Presidential procla-
nation declaring the national
bank holiday, was marked with
quiet and calm.
There was no rush of depoSi-
tors in any of the institutions
which reopened. several banks re-
porting that the deposits would
be more than the Withdrawals.
Put Money Back
Persons who withdrew funds
before the bank holiday was de"
clared, and then found they
could not redeposit the money
came today to place it back
again, with a feeling that now
that the holiday is over the
banks position is sound.
Bank officials who look for the
consolidation of local institutions
pointed out that such a step
would release certain frozen as
sets which have blocked the re-
opening of number of banks.
Such consolidation would be Of
inestimable value in strengthening
the local financial situation, they
said.
Of the banks that were granted
licenses to reopen today there
were eight of the II national
banks, all five trust companies,
and seven of the II savings
banks in the District.
The first appointment of con.
servator in Washington was made
by the Comptroller of the Cur.
rency today. A notice was posted
on the door of the Federal Ameri-
can National Bank and Trust
Company stating that the inSti-
tuition had been placed in the
hands of a conSerVator.
Poole COnServatOr
The conservator named was
John Poole, president Of the
bank. Mr.. Poole explained that
under the emergency banking
legislation, providing for conserv-
atorS, the bank will function in
normal business except that for
the present no money will be paid
out and no deposits will be &C
cepted.
Joshua Evans, jr., president Of
the District National Bank, an
other institution which failed to
receive it's license today, an
nounced that the bank would
carry on business under regula-
tions issued by the Secretary of
the Treasury during the national
bank holiday.
Officials AStOniShed
Officials Of the Franklin Ma
tional Bank, the third largest
institution which received no
license, expressed astonishment
at the failure of the Treasury
Department to permit the bank
to reopen.
Officials planned to confer
(COntinued on Page 2, Col. y
The Washington times., 1933-03-14
Mcdonald ArrGnges
P1rLeu With DUce

GENEVA, March IA GN.S0.
Arrangements have been virtually
completed for a private conver-
Sation between Prime Minister j.
Ramsay Macdonald and Premier
MuSSolini at Stresa or elsewhere
in northern italy toward the end
of the week. it was reported here
tonight.
The Washington times., 1933-03-14
Rich Scion Won't
Fight Wne's Suit

LOS ANGELES, March "A
G.N.SO The divorce asked by
Marian Nixon, film actress, Of Ed
ward B. Hillman, jr., scion of a
rich Chicago family, will be un-
contested, the stars attorney said.
A default to the suit has been en-
tered, and it was expected to be
granted today.
The Washington times., 1933-03-14
Roosevelt to See
MQtSuOkQ, of Japan

LONDON, March IA G.N.SD.-
Yosuke Matsuoka, who was chief
of the Japanese delegation to the
League of Nations assembly, has
an appointment with President
Roosevelt in the near future, it
was learned here today. Matsuoka
plans to sail for the United States
en- route to Japan on Friday.
The Washington times., 1933-03-14
NeU Treasury Issue
Is OUer-SubScribed

A large over-subscription of the
$500, 100000 in Treasury certifi-
Gates was announced today by
Secretary Woodin. The books
closed last night. The new
certificates are of five months
maturity, bearing per cent
interest, and nine months bear
ing AZ per cent. They replace
$500, 900, 900 in 2 and 3A per cent
certificates that expire tomorrow.
The Washington times., 1933-03-14
District Banks That
Are Reopened Fully

Here are the Washington banks which today opened
their doors for complete banking services under Govern
ment license:
NATIONAL BANKS
Columbia National
Liberty National.
Lincoln National.
National Bank of Washington.
National Capital Bank of Washington.
National Metropolitan Bank
Riggs National
Second National.
TRUST COMPANIES
Washington Loan and Trust.
Union Trust.
American Security and Trust
Munsey Trust.
National Savings and Trust.
SAVINGS BANKS
Anacostia Bank
Bank of Commerce and Savings.
East Washington Savings Bank.
McLachlen Banking Corporation.
Morris Plan Bank.
Security Savings and Commercial Bank.
Washington Mechanics Savings Bank.
Clearing House Association officials
point out that failure of bank to re-
open today does not mean that the bank
is unsound or that it uViI not open later.
Its assets may be ample but temporarily
frozen.
The Washington times., 1933-03-14
SIR HENRY THORNTON ILL

NEW YORK, March IA Q.N.S0
Sir Henry Thornton, former presi-
dent of the Canadian National
Railways, is critically i'll in the
Doctors Hospital with physicians
holding out little hope that he
can live another "a hours.
The Washington times., 1933-03-14
PARAMOUNT, BANKRUPT

NEW YORK, March IA QN.S0
Paramount-Publix Corporation to-
day filed a voluntary petition in
bankruptcy in the Southern Dis
trict Federal Court before Judge
Bondy.
The Washington times., 1933-03-14

another home run. His message
was not only a great comfort to
the people, but it pointed les
son to all radio announcers and
public speakers regarding what
to do with big vocabulary
leave it at home in the die
tionary.
Some people spend a lifetime
Juggling with words, with not
an idea in a carload.
Our President took a dry sub
ject like banking land when l
say "dry" l mean dry; for if
it had been liquid he wouldn't
n If at ally and made everybOdv
The Washington times., 1933-03-14
800 SEEK BREWERY JOBS

LOUISVILLE, KY, March IA
GN.SO.-Prospect of early legali-
zation Of beer lured more than
300 unemployed to three local
breweries today in search for
jobs.
The Washington times., 1933-03-14

IT'S sPRTNGTIME IN FLORIDA. Hotel
rates. railroad fares greatly reduced. Faster
trains. Atlantic Coast Line. 1419 H St. NV
-AdTk
The Washington times., 1933-03-14
WILL ROGERS Saus:

SANTA MONICA, CAL, March 14.-Mr. Roosevelt
stepped to the microphone Sunday night and knocked
The Washington times., 1933-03-14

have had to speak on it at alD and made
understand it-even the bankers.
Copyright 1888 by Mcknight syndicate)
Evening star., 1933-09-08
MINING EXCHANGE.

EW YORK, September S.-Mining
Evening star., 1933-09-08

REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, September s.-Follow-
ing Is today's summary of corporation
news prepared by Standard Statistics
Co.. Inc, New York. for the Associated
Press:
Curtis Publishing Co.-Company's
contracts for advertising lineage are
running well ahead of q year ago.
National Dairy Products Corporation
declared regular quarterly dividend of
30 cents on common stock. President
stated earnings of company covered the
dividend disbursement.
National Distillers Products Corpora
tion-Overholt and large distilleries,
owned by this company, have increased
prices Of whisky to $72.50 . case Of u
quarts to the drug trade. About two
months ago whisky was selling for $50
q case.
National Tea Co,NDirectors Of. COM
pany at last meeting at which regular
quarterly dividend Of IS cents was de-
clared, payable October l, expressed
themselves as desirous of increasing the
rate. However, In view Of fact that
t&uS oAVAoc4lO was t1lc ldSt payable III
1888, 1t was deemed advisable TO defer
increase to next quarterly meeting.
Lehigh Valley Railroad Co. July net
income 1901 ,861, VS.. deficit $910,605 in
July, 1882. Deficit, seven months ended
July 81, was $2,30l .684, VS.. deficit Of
Penney u. CO. Co. August sales in
creased 32.l per cent; eight months
sales up 10 per cent.
Bethlehem Steel Corporation received
an order for 1859 tons Of rail from
Chesapeake & Ohio Ry. Co.
Granite City Steel Co. earnings run
ming considerably ahead Of current divi-
dend rate Of IS cents share quarterly
Company is operating around IS per
cent Of capacity. compared with . re-
cent peak Of above so per cent.
United States Steel Corporation sub
sidiary, American Sheet q Tin Plate
Co., has received an order from Ar
genttne for 1880 tons of galvanized
sheet IRON. About 81 $50 900 Is In
volved. Chesapeake q Ohio Ry. award
ed contracts to Carnegie Steel Co. and
Illinois Steel Co., subsidiaries, for 2,644
tons and l3.505 tons Of rail. re-
Standard Textile Products Co.
Holders Of more than SO per cent of
outstanding first mortgage 6h per cent
bonds Of company have agreed to sc-
cept payment Of September /, 1888, in
terest coupons on basis of one-third In
cash and remainder In scrip maturing
September l, 1898.
Evening star., 1933-09-08


sity, class of 1915. During the World
War he was captain in the air serv-
ice of the Army. As an aide to John
D. Ryan, Under-Secretary Of War, he
accompanied the Secretary of War and
Under-Secretary Of War in their in
spection of the A E. F. in the Summer
of 1918.
In 1919 Christie became associated
with William A. Read & Co., which
firm became Dillon, Read e. Co., in
1921. He was admitted to membership
IN Dillon, Read & Co. January !, 1927.
Nomination of Mr. Christie IS in recog-
milton of his many years Of work in the
interest of the investment banking
business. He has been member OF
the Board of Governors of the Invest
ment Bankers Association since 1880.
For the past two years he has been
chairman of the associations Business
Problems Committee and of its New
York group. He was president OF the
Bond Club of New York in 1928-1829.
Miss Fogle Heads Committee
The Women's Committee of Wash
ington Chapter American Institute of
Banking has been selected, and Robert
H Lacey. president of the local insti-
Evening star., 1933-09-08
STOCK LIST SHOWS
UNCERTAIN TREND
Market Moves Shade Higher
in Afternoon After Morn.
ing Losses.
By GEORGE I. HUGHES.

special Dispatch TO The Star.
NEW YORK, September "a shade
lower IN the morning and shade high
er In the afternoon, the stock market
again today moved without purpose
ana without conviction. The turnover
was q little larger than yesterday, but
still moderate.
A late rally In wheat, sunacient to
Leave prices V to ~ Of q cent q bushel
higher, helped stocks. The dollar was
stronger in terms Of French franc.
Tne Street heard the usual rumors
about important DEVELOPMENTS" pend
ing IN Washington, but the market paid
little attention to them.
Volume Is Small.
The stock market opened lower and
continued heavy throughout the first
two hours. Volume was so low that
not much significance could be at
tached to the selling, but 1t was plain
that traders were tightening their hold
tngs until the business prospect cleared.
Probably there were some tentative
operations for short account. The
short interest Is very small now. but Q
market such as this weeks usually pro-
duces one. That in turn improves the
technical position.
The leading stocks, both industrials
0A40 A0AAo, 04a0C 1lCW lOWS O1l tuC cur
rent movement early in the day, and
yet the losses were only fractional.
New York Central under 46, United
States Steel common under so, General
Motors under 80 and Chrysler under A
are examples. OIL stocks were better
supported and so, as usual, were the
gold mining shares.
Utilities Improve.
Public utilities offered some resistance
also, probably because Of reports that
State commissions were adpoting q
little more lenient attitude with regard
to rates under the N. r. A. American
Telephone was firm, rejecting the bet
ter operating statement. Among the
textiles, Industrial Rayon made further
response to the unexpected raising OF
the dividend. Investment preferred
stocks were firm in sympathy with the
corresponding bonds and the extreme
ease In money.
The Federal Reserve weekly report
given out overnight showed purchases
of United States Government securi-
ties for the system of around $37 600 900,
or only a. little more than the amount
in the preceding week. There
had been reports that the buying rate
was to be stepped up to $75 900 900 or
500, 900 900 q week. Such an advance
would have been interpreted by the
speculative community as bullish be-
cause of its supposed inflationary influ-
ence.
(Copyrirht l933)
Evening star., 1933-09-08
AUTO SALES HOLD
MOST OF ADVANCE
General Motors Reports Deliveries
Close to July Total or Double
Year Ago.

By the Associated Press.
NEW YORK, September 8.-General
Motors Corporations sales Of cars and
trucks to consumers In the United
States in August held close to the level
OF July, and was more than double the
business OF August of last year.
The total was 86,372, compared with
1888 in July, and only 1880 in
August Of 1892. Sales to CONSUMERS in
August ran ahead of sales to dealers.
which were 84,504, compared to 90 $40
In the previous month, and 24,151 IN
the like month Of last year.
Total sales to dealers in August, In
cludfng Canadian and overseas, were
1854, against l09,918 In July, and
30,4l9 In August, 1882.
Evening star., 1933-09-08
CHRISTIE, TO HEAD
INVESTMENT GROUP
Nominated to Succeed Cor.
don When Bankers Meet
October 28.

BY EDWARD C STONE.
The new president Of the Investment
Bankers Association of America, which
has membership in Washington. win be
Evening star., 1933-09-08
BANK SURETY PLAN
WILL Be SPEEDED
Chairman Cummings Prom
ises Rapid Organization
of Deposits System.
BY CHAS. p. sHAEFFER,

Associated Ftet8 BUSINESS WIlbeI.
Rapid organization of the Federal
Deposit Insurance Corporation wa
promised today by walter J. Cummings
newly appointed chairman Of the cor
poration.
This corporation will administer that
portion Of the -Steagau bank bill
which provides Federal guaranty OF
bank deposits In an amount not IN ex-
cess Of g. 500 beginning January /. 1894,
through q temporary fund: from July
l, 1894, It will take over the insurance
of all deposits on the basis of 100 per
cent Of deposits up to $4,000; IS per
cent Of deposits between A0, 1000 and
$50, 900, and so per cent Of deposits In
excess Of $50,001.
Headquarters at Treasury.
Headquarters of the organization viii
be set up In the Treasury Department
proper, 1t was said, although quarters
Will have to be acquired to house the
personnel which Is expected to number
approximately 1900.
L. C. Bennett Of Ogden, Utah, who.
with Controller Of the Currency ]. r. +.
O'Connor and Cummings, will consti-
tute the board, Will be called to Wash
ington within the near future, for the
purpose of laying the initial foundation
Incident to setting up the new structure.
Preliminary ground has been gone
over, which, 1t Is said, has seemed to
emphasize the difnculties which viii
be confronted by the organization.
President Roosevelt Is empowered to
put the Insurance provisions into effect
earlier than next January II he sees at.
Banks 70 Raise Funds.
The corporation viii operate ON funds
raised through subscription to class 4
stock by member banks on the basis
Of one-half Of / per cent Of its time
and demand deposits, while the II
Federal Reserve banks must subscribe
to class "B" stock In the amount equal
to one-half of their surplus Is Of Janu-
ary /, 1888. To this Is added an ap-
preparation Of $i50, 0,000. 900 from the
Treasury for stock subscription On be-
half Of the United States, subject to call
In whole or In part by the board Of
directors.
Il Is estimated that these three
sources Of revenue would total In the
neighborhood Of $500, ,000, 900.
Evening star., 1933-09-08

Robert E. Christie,
jr., of Dillon, Read
& Co., New York
He has just been
nominated by the
Board Of Cover
nors and will be
ele C t e d at the
annual. convention
which opens on
October 20. He
succeeds Frank M.
Gordon of Chi
cago.
Mr.. Christie was
born in New York
November 20, 1898.
He attended pri-
vate schools in
New York and
Princeton Univer-
Evening star., 1933-09-08

NEW YORK. September 8 GF.-Copper
quiet; electrolytic spot and future, asked.
Tin easy: spot and nearby: 44.75: future
spot New York. 4 so; East ST.. Louis. ABS.
Zinc ste1dy; East st. Louis SPOT and future.
4.65. Antimony. SPOT. 6.S7.
Evening star., 1933-09-08

Cute, mas appointed
Miss Constance D.
Fogle, Riggs Ma
tional B a n k. as
chairman. T h e
other members
are: vivian E.
Stokes of the per-
sonnel of the pro-
posed Hamilton
National B a n K,
secretary; Kather-
inc w. McCalmont,
w. B. HibbS & Co.,
treasurer; Harriet
Barrett. Riggs Ma
tional Bank; Anne
p. Crawford. Nc
1Aohlen Banking
Corporation; Sally
Evening star., 1933-09-08
Banks 70 Raise Funds.
b. s. TREASURY POSITION
By the Associated Press,

The position Of the Treasury. September
Z eurss. % siST.S3s.2Ss.SS: Saianse. sf.i7s.
q sIsSss 9 Customs duties for the month.
Receipts for fiscal year. to date isincs
nsisains sass 4
smergencx ,sxpsnd!tures); sxcess Of sxpsnd-
Evening star., 1933-09-08
FOREIGN EXCHANGE.
Quotations furnished BY w. B. Hibbs 4 G
Nominal gold Selling chez
SALES SPURT REVEALED
BY MONTGOMERY WARD
! the Associated Press,

CHICAGO, September S.-Montgom-
cry Ward d Co. yesterday reported
August sales at $15.657 ,274, compared
with 81, ,0eS, ,264 for the same month
last year. Sales for the seven months
Of 1893 were placed -at $05, 49,. $40, conn
pared with $05, ,eoo, ,7l0.
Evening star., 1933-09-08
SILVER QUOTATIONS.

: NEW YORK, September 8 @.-Bar
alyer steady, lower ct 36H.
Evening star., 1933-09-08
METAL MARKET.

(Copyright, 1933.)
The Washington times., 1933-03-21
U.s.. STANDARDS
YEARBOOK OUT

The new yearbook of the Bu-
reau Of Standards, now available
for distribution, reveals that ad-
verse business conditions during
the past year have not checked
the movement toward interna-
tional and domestic standardiza-
tion.
The United Socialist Soviet Re
publics (RuSsia) report rapid
growth in the use of standard
ized machines, methods and even
complete manufacturing plants.
In many countries. including the
United States, emphasis is being
laid on improvement in the &C.
curacy Of basic standards, and
in promoting international uni
fornity.
Notable examples are the rede-
termination Of the values Of elec-
trical units, and tentative adop-
tion internationally of the new
radiation standard of candle
power first suggested by the Blu
reau of Standards.
The Washington times., 1933-03-21
WHATS DOING

Teachers, / p. M, Wheatley
School, Montello Ave. and Neal
st. N. E.
Meeting Anthropological so.
ciety of washington, 8 p. m,
room 43, new building Of the
National Museum.
Meeting-Petworth Citizens AS
sociation, 8 p. m, Petworth
School.
Meeting-Jolly "a Club, 8 p. m,
Washington Hotel.
Observation-Disclosures club,
1890 p. m, Harrington Hotel.
Presentation-"All a Mistake, -
by the Burrville Dramatic Club,
8:15 p. M, Burrville Center, Divi-
sion Ave. near Hayes st. N. e.
Observation-Disclosures in Mod,
ern Drama" by Prof. Will
HutchinS, before members Of the
Recreation Institute, 8 p. m, Gar
net-Patterson Center, Tenth and
L SITS. N. w.
Meeting-Rockville Chamber If
Commerce, 8 p. m, Fire Depart
ment Building.
Bridge Series and Instruction
Duplicate contract bridge, 8:15
p. M, Carlton Hotel.
The Washington times., 1933-03-21

Dance, Reception and Exhibi-
tion-Americanization School AS
sociation, $50 p. M, U. s. Cham.
ber of Commerce auditorium.
Buffet Supper-Women's Ma
tional Press Club, $50 p. m,
Willard Hotel.
Observation-Disclosures Chapter,
Catholic Daughters of America,
1880 p. m, Willard Hotel.
Meeting and Danca-Kentucky
Society, 8 p. m, Willard Hotel.
Lenten Lecture-By DR.. Joseph
Sizoo, 11:15 a. m, Mayflower
Hotel
Meeting-District of Columbia
Bar Association, 1890 p. m.
Mayflower Hotel.
Meeting-Trinity College Alum
nae, 8 p. m. Mayflower Hotel.
Meeting-CitizenS Forum Of
Columbia Heights, 8 p. NJ, Pow
ell Junior High School, Lamont
st. at Hiatt Pl. N. w.
Meeting-Columbia Historical
Society, 8:15 p. m, Cosmos Club.
Meeting-Alpha Chapter Of
Beta Sigma Phi Sorority, 8 p. m,
2400 Sixteenth st. N. w.
Conference-District Of Colum.
bia Congress of Parents and
The Washington times., 1933-03-21

Fitted or swagger styles, with clever
collar treatments Pan, standing,
cross-tie and jabots. Mauve, beige, light
brown, parchment and black. Sizes 16 to
SO. Unusual values!
Second Floor-Iansburgh's
The Washington times., 1933-03-21
You can save $lOO by wushin!
your clothes this easy way

leading newspapers recommend
Rinso for safety and whittier, brighter
washes. Cup for cup, it gives twice as
much suds as lightweight, pufed-up
soaps-mtbsb bardsst kind Of ~@tsr
Greet in washers, TOO
The makers of 40 famous washing
machines say, ''Rinso for safety and
for whittier, brighter washes"
Wonderful for dishes and all clean.
ing-sO easy on THE hands! Get the
BIG package.
The Washington times., 1933-03-21
st. ALOusius Church
To Hold Noon Masses

A low mass will be celebrated
at 1905 p. m. each day from
today until Holy Thursday in
St. Aloysius' Church, North Cap
itol and I Sts., 1t Is announced
by the rector, the Very Rev.
Laurence j. Kelly. S. j.
The mass is intended for en-
ployeS of Federal and railroad
offices. storekeepers, housewives
and others who are unable to
attend early morning services.
The Washington times., 1933-03-21
4. C.. Smith IndOrsed
For Commissioner

The Cleveland Park Business
Mems Association last night in
a resolution indorSed Arthur
Clarendon Smith for one Of the
District Commissioners. Les
Kohler, presided at the meeting.
which was held in the Washing.
ton Mechanics Savings Bank, at
Connecticut Ave. and Macomb st.
The Washington times., 1933-03-21
SLU0nsOn to Surrey
Personnel of Ships

Secretary of the Navy Swan
son is making a study of the per.
sonnel of the fleet to determine
whether ships in commission are
properly manned. He said:
'Tn the event / find the
ships not properly manned, I
shall candidly tell Congress and
let that body bear the respOn.
sibility."
The Washington times., 1933-03-21
Near East 'Y' Worker
To Address Forum

Wilbert B. Smith, senior secre-
tary of the Y. M. c. A. in Egypt
and Palestine, will address the
forum of the Twelfth Street Y. M.
c. A. tonight at 8 o'clock.
There will be musical numbers
by the Excelsior Quartet and r. A.
Lord, violinist and instructor at
Miner Teachers College. Charles
M. Thomas, chairman of the
forum committee, will preside.
The Washington times., 1933-03-21

NOTHING is harder on clothes
N than scrubbing them against
washboard. 1t wears them out in
double-quick time.
Save money-use Rinse! Rinso's
lively Suds SOGk out dirt Clothes
come 4 or 5 shades whiter-WItbo@t
sruIIisg. They last 2 or 3 times
Longer. It's possible to save 500 OF
more on clothes BY washing them
this safe, "scrubIess" Rinse way.
The home-making experts of 316
The Washington times., 1933-03-21
MRS.ROOSEVELT
To TRY MENUS
Hot stuffed eggs with tomato

Hot stuffed eggs with tomato
sauce.
Mashed potatoes.
Prune pudding.
Coffee.
The first Of the famous Cornell
lunch menus, designed by the Col
lege Of Home Economies Of Cor
nell University for persons Of mod
crate incomes, will be served at
the White House today.
Mrs. Roosevelt, who has been
greatly interested in the menu.
planning work Of the college, ex.
poets to serve the meals suggested
from time to time when the fam
lily Is lunching or dining alone.
The Washington times., 1933-03-21
TO HONOR MRS. ROOSEVELT

A reception in honor Of Mrs.
Franklin D. Roosevelt will be
given Thursday night by the y.
G. League of American Pen
Women in their studio at 1706 L
et. N. W., DR.. Jean Stephenson,
president, announced last night.
The Washington times., 1933-03-21
Montana Society
ReinQ Formed Here

Plans for a proposed Montana
State Society were discussed last
night at a meeting in the home
of Rowland Davidson, temporary
chairman of the group until
sufficient members are obtained
to elect officers.
The Washington times., 1933-03-21
HOME CLUB TO MEET

The Home Interest Club of For.
est Glen will meet tomorrow at
the home of Mrs. Ira C. Whitacre.