davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1933-10-17
FOREIGN LOANS
UP,BUT RAILS
ARE WEAK

NEW YORK, Oct. 16 G.N.SJ.
A brisk rally in foreign govern
ment loans failed to offset con-
tinued backwardness in rail and
domestic corporation issues in
bond dealings and irregularity
was against the rule in the gen,
eral list.
French Bonds Jump
French TVS jumped nearly 2
points to 148, followed by the Ger
man 5l2s and the Japan 51as, "
to SO.
Speculative rail loans were in
renewed supply, with Missouri Pa
cific IS F, Southern Pacific AIS
of 80, Nickelplate 41as, and Great
Northern rs suffering most.
American and Foreign Power IS
continued to meet pressure in the
domestic division. and Interna-
tional Telephone 41as of '39 eased
fractionally.
Treasury Issues Firm
American Telephone 51as of '43
featured the investment list with
gain of y point to 10712.
Treasury 414s stood out in dull
U. S. Government group with
gain of 2-32 to 110.14.
The Washington times., 1933-10-17
SOAR
IN RESERVE

The Federal Reserve Boards
condition statement of weekly re-
porting member banks in 90
leading cities on October II shows
increases for the week of $79,000,-
900 in net demand deposits and
$50,OO0,000 in reserve balances
with Federal Reserve banks and
a decrease of $12,OOO,O0O in loans
and investments.
Licensed member banks for
merly included in the condition
statement of member banks in
101 leading cities, but now in
cluded in the weekly statement,
had total loans and investments
of $900,O00,000. and net demand,
time and Government deposits of
$911 100000 on October II, COM
pared with 1898, 900, 900 and $685.
100000, respectively, on October 4.
The Washington times., 1933-10-17
HEAVY SELLING
DEVELOPES
IN GRAIN

CHICAGO, Oct. II Q.N.S).
Heavy selling developed in grains
after strong opening here to-
day, sending wheat values below
the previous close before the
market rallied.
Prices FIuctuating
After opening 2s@3c advanced,
wheat dropped cent under yes
terday's close but then recovered.
Trade was active and generally
more cheerful.
Near mid-seSsion wheat was 7s
@1bc higher with December at
7OAc. Corn was 11s to 13sc up,
oats one cent higher and rye un-
changed to 15sc down.
Offerings of corn and oats
were rather light early, demand
good.
Foreign Markets Mixed
Foreign wheat markets dis
played a mixed trend.
Opening prices here were:
Wheat - December, 72@74Ac;
May, 76h@771ac; July, $50
75Rc.
Corn-Dece m ber, 38la@39c;
May, 45A@45Rc; July, 47@47Ac.
Oats-D e e m b er, 263s q 27c;
May, 30R@31c; July, 29c.
The Washington times., 1933-10-17
Fenner, BeGne Scans
Commodity Markets

The commodities markets of the
country are now commanding the
greatest attention since post-Civil
War days, Fenner, Beane & Un-
gerleider, members of the New
York Stock Exchange with Wash
ington offices and the various
commodity exchanges, point out
in study Of effects recent legis-
lation and Administration meas
ures have had on 26 of the
worlds most important basic COM
moditieS.
Explaining the causes for sharp
rises in commodities. the firm
finds evidence strongly supports
the conclusion that declining
trend in the value of dollars in
terms of gold is fully compen-
sated by price advances in COM
modities; further, that the move
ment tends to carry agricultural
and other basic commodities
higher than gold, once currency
is loosed from its anchorage to
that metal.
The Washington times., 1933-10-17
DISTRICT BANKS
UNDER CODE

Washington banks today are
operating for the first time fully
under the National Recovery Ad-
ministration code recently signed
by President Roosevelt, and which
replaces the temporary emer-
gency agreement which had been
effective since August.
The new code puts banks en-
ployes on a 40-hour week in quar-
terly periods. That is, employees
may work longer or shorter hours
for any week, or number of weeks,
so that their weekly average for
each 13 weeks is not more than
40 hours. Under the temporary
agreement the average was based
on five-week periods.
The code applies to all national
and State banks, and is being ad-
ministered by a committee of the
American Bankers Association, of
which George o. VaSs, vice presi-
dent of the Riggs National Bank
here, is a member.
F. N. Shephers, executive man
ager of the association, says it
contains possibilities for achieving
most of the reforms in the Ameri-
can banking system demanded
by the Government, the public
and the bankers, themselves.
The Washington times., 1933-10-17
DUPONT INCOME
UP SHARPLY

NEW YORK, Oct. IT G.N.s).
Sharply higher earnings were
shown today by E. I. Dupont de
Nemours & Co. in preliminary
report for the quarter ended Sep
tember 80.
The company earned 95 cents
share on it's common stock during
the period, including 221a cents
in dividends from General Motors
investment. compared with %
cents a share in the preceding
quarter and 36 cents in the like
1892 period. In the two latter
quarters % cents share was real
lied from General Motors Invest
ment.
For the nine months ended Sep
tember 30 earnings were equiva-
lent to $1.98 a DUPONT share in
Guiding 6812 cents General Motors
dividends, against $1.37 a share in
the corresponding period of last
year, which included 90 cents in
Motors disbursements.
The Washington times., 1933-10-17
Market Future Found
Hard to Forecast

While the threat Of war, occa-
stoned by Germany's action,
would ordinarily stimulate GER
tain war baby" stocks land
may yet do So), present disturbed
economic conditions throughout
the world seem to make the
thing unusually unattractive and
diScouraging.
The only immediate effect
seen was in the foreign ex-
changes, the gold currencies, Gen.
tering around France and Ger
man bonds, declined, while dol
lars were in demand. Fear of
war on the continent would
doubtless cause transfer Of
funds to this country.
1t should be remembered, how
ever, that seasonal conditions and
new Government bond refunding
are now tending to relieve pres
sure on the dollars.
Opportunity Favorable
On the whole, the markets &C
tion Saturday seemed rather
favorable, since it rallied to close
well up in the days range, and
the hourly volume was greater.
The week, as a whole, however,
was reactionary, the averages
losing about two points. A ma
Jority of the stocks traded in de-
clined on four of the five days,
and the activity was mostly on
the downside.
Whether the market decline
will be stopped and a little rally
be staged here, is impossible to
predict, in view of the abnormal
and disturbed conditions now pre-
valent, But the technical position
has probably been gradually
strengthened, and with wheat and
cotton prices so much lower,
Washington may produce another
rabbit from the hat,
The Washington times., 1933-10-17
COTTON HOLDS
BULK Of EARLY
ADVANCES

NEW YORK, Oct. / 7G.N.S).
Cotton futures rallied sharply to-
day to recover most of yesterdays
So bale loss before profit-taking
pared gains slightly.
Technical Position Better
The improved technical condi.
ton of the market influenced q
good demand from the trade, both
domestic and foreign, and mod.
crate purchases by professionals,
Wall Street and outside specula.
tive interests.
Hedge sales were light and New
Orleans and commission houses
sold in small way.
Weather details showed showery
conditions over most of the belt
and this together with the con.
tinued steady tone in Worth
Street despite the lack of business
aided in the better sentiment in
evidence around the ring.
Exports Continue Gain
For the first time this season
cotton exports have reached a fig.
ure more than 100000 bales in ex.
cess of the corresponding date last
year.
Midday prices were up 19 to %
points, with october up % at $50.
December up 19 at 8.96, January
up 20 at 9.03, March up 10 at 9.19,
May up % at 9.35, and July up 81
at 9.48,
The Washington times., 1933-10-17
EXPERT
SPEAKS HERE

j. Harry Tregoe, former execu-
tive manager Of the National AS
sociation of Credit Men for IS
years and one of it's founders in
1896, will address local credit
executives tonight at the Raleigh
Hotel, under the auspices of the
Washington Association of Credit
Men.
His subject will be Credit and
Initiation" an analysis of their re-
lations to and reactions upon
each other, and their place in the
recovery movement.
He became interested in the or
ganization of the national asso-
citation in 1896 and was elected
one of the first directors of the
Baltimore association in the fall
Of that year. He has held many
offices in the national group. in
Guiding two terms as president.
The Washington times., 1933-10-17
CURB IS SPOTTY
WITH TREND
UPWARD

NEW YORK, Oct. IT dN.sO.
The Curb market rallied in spots
today, as support buying proved
sufficient to absorb early offer
ings in the majority of specula-
tive favorites.
Selected sections Of the list
turned upward in response to
limited demand thereafter.
Liquor Shares Improved
Alcohol shares showed a con-
siderably improved tone. Utili-
ties also did better.
Mining shares braced, with
Newmont Mining leading.
Gulf Oil featured the petro-
leum list with a two-point squirt.
Specialties SpOtty
A few specialties were higher,
although weakness in many Of
the recent strong spots indicated
that there we're a number Of bull
groups in trouble.
Investment trusts did little.
The Cities Service issues were
easier.
Curb bonds were generally
steady.
The Washington times., 1933-10-17
LiUerpOOL Business
In Cotton Moderate

LIVERPOOL, Oct. II QN.S0
Moderate business was done in
spot cotton at the opening today
with prices easier. Receipts totaled
10000 bales including 14,700
American bales.
At midday middling fair was
quoted at 6.46d; strict good mid
ding, 6.00d; good middling, 5.70d;
strict middling. 5.45d; middling,
5.30d; strict low middling, 5,15d;
low middling. 4.9od; strict good
ordinary, 4.70d, and good ordinary,
4.40d.
Futures opened steady with Oc-
tober at 5.14d; January, 5.16d;
March, 520d, and May, 5.24d.
The Washington times., 1933-10-17
HeIvering Sets
Dodger Net

In a searching effort to
determine the correct tax
liability of individuals en-
gagged in speculative stock
activities, brokers will be re-
quired to render returns
showing the names Of Gus
toners and details Of their
profits, losses, or other In
formation indicating income
taxes due.
Commissioner Guy T. Hell
vering, of the Internal Rev
enue Bureau. announced to-
day that field officers had
been instructed to cooperate
with brokers and other rep
resentatives Of taxpayers to
ascertain profits and losses
since 1929.
The Washington times., 1933-10-17
Good Business
News Notes

American Telephone and
Telegraph third quarter net
rises to S1.88 per share
from $1.S2 in preceding
period Dome Mines in.
creases earnings by S146,OOO
in quarter. .Du POnt COM
mon nets S1.98 per share in
nine months, against S1.37
in like 1892 period. August
net operating income of
Class l railroads S6O,978,216,
compared with $27,985,137 a
year ago. Federal Reserve
member banks report $751;
100000 rise in deposits for
week. Crude rubber use ex-
ceeding production first
year since 1924 and surplus
stocks decline. Cotton on
hand in United States esti-
mated 100000 bales lower
than at this time last year.
The Washington times., 1933-10-17

The weakness in steel reflects
the fact that the outlook in the
industry is not bright, the recent
squirt of activity being due to
shipments on old orders, called
for to beat the advance in prices
which comes today.
The chief news was the further
break in copper and grain prices,
and the withdrawal of Germans
from the League of Nations and
the Arms Conference. Copper
and wheat prices have simply
yielded to the law of supply and
demand, there being oVer-Supplles
of both.
Both markets have been arti-
ficially supported, and wheat is
so far out of line with the
world market that exports OF the
surplus are impossible on an eco
nOmic basis.
The Washington times., 1933-10-17
Hog Prices Decline
And Market Is SLOU

CHICAGO, Oct. II G.N.SD.-
Hog receipts were 10000 today.
The market was very slow and
bids 10 to 15c lower making the
general market IS to 40c lower
than at the close of last week.
Top was $3.50, the lowest in a
month. Most good hogs sold at
$4.35 to $4.55.
The supply of cattle was 5000.
The market was dull and slow
with prices mostly 10 to 15c lower
Stockers and feeders sold lower.
The sheep market was steady
with receipts 10000.
The Washington times., 1933-10-17
D. C.. Bankers Hear
RepOrtS at MeetinQ

The autumn meeting of the
District of Columbia Bankers AS
sociation was held in the board
room of the American Security
and Trust Company yesterday
afternoon. President George o.
Vass presiding.
Reports were made by chair
men of the standing committee
of the association and there was
some informal discussion of pres
ent banking problems.
The Washington times., 1933-10-17
NEW YORK PRODUCE

NEW YORK, Oct. II SD.-Butter
Steady. Salted and unsalted creamery
higher, scoring PAX 026c; creamery OK
tras, 24@25c; creamery firsts, 16h %
93l5c; ladies, fresh extras, lie.
Cheese-Steady Average run, 12c;
Wisconsin whole milk fancy young
Americans. 12% @1S1ac.
Eggs--Irregular. Nearby white spe-
cials, 33M361ac; standards 31@32c;
mediums 26G2Sc; nearby brown specials
25 q 26c standards 22@ 2Sc; mixed spe-
cials 23@311ac; standards 1023c; frsts
10 a 2Oc; seconds 161a 617c; medium IS
M1515C; Pacific Coast white fancy packs
37@ 39c; standards 311a 937hc; mediums
2612SC.
lbs. No. 1 fluid milk within the 2O1-210
mile zone.
The Washington times., 1933-10-17

clined, but the
" a v e r a g e S."
based on the
old line lead
erS," m a d e
small gains.
w ith t n e
notable eXcep-
ton of U. S.
S t e !, m os t
lead n G indus
trials and utili-
ties rail- e d,
while rails, met
ais and a ma
iority of minor
issues lost a
little ground.
The Washington times., 1933-10-17
CLOTH MARKET QUIET

NEW YORK. Oct II GN.S). The
coarse yarn cloths market continued
quiet today and, except for a few in
stances, prices were generally unchanged.
A few small sales were made a. con-
cessions but, generally, mills were not
lowering their quotations in view Of the
lack of inquiry and the widespread con-
vction that business could not be stimu-
lated in this manner.
The Washington times., 1933-10-17
687 Listed Stocks
LOUer Last Week

Index of 687 stocks listed on the
New York Stock Exchange, COM
piled by Hamershlag, Borg g. Co.,
showed an average price of $22.17
at the close last Saturday, COM
pared with an average price of
$22.88 the previous week.
The Washington times., 1933-10-17
2 Bankers Are Home
From Vacation TriDS

George o. Fleming, vice presi.
dent and real estate officer Of
the Union Trust Company, Is
back at his desk today from q
month spent on vacation in New
England.
Edwin C. Graham. president Of
Hamilton National Bank, has re-
turned from a brief trip to
Florida.
The Washington times., 1933-10-17
Fleming Addresses
Baltimore Bankers

Robert V. Fleming. president of
Riggs National Bank, is in Bal
timore today to address the an
nual convention of the Mary
land Bankers Association.
The Washington times., 1933-10-17
NATIONAL TEA SALES

National Tea Company in the
four weeks ended Oct. 7. sales
amounted to $4,923 ,028, compared
with $4,873,303 in the like 1882
weeks, gain of l per cent.
The Washington times., 1933-10-17
NAVAL STORES

NEW YORK, Oct II G.N.SD.-Tur-
pentine. Savannah. 4Ot; New York, 45c.
Rosin, Savannah. $500 $50; New York,
$3.50. Linseed oil per pound, s.5, car
The Washington times., 1933-10-17
BY LEWIS HANEY
of Economies, New York
University

On Saturday the stock market
showed a very mixed perform
ance. A majority of stocks de-
The Washington times., 1933-10-17

High Low 900
NY Tel gen AIS 80. lO5 Il ll04 i104
NY W&B 1st 4las '46 A1aI A a.
Mag Sh Nd CIV db 5as 5S12 5Sh 5SA
Mag Lao Pw SIS '55. 100 100 100
The Washington times., 1933-10-17

(a) Optional stock cash. (b) Partly (c) Extra
stock and cash. (d) Extra stock (s) oaid yOaP
th) Payable stock (m) Payable in scrip (n) 81 IN
stock. (wwl With warrantA (xwl Without wGrrantG
~ Ex-divdend. ~ Ex-rghtS
Dividend rate in dollars in parenhesG (Note) Extra
dividends published trough regular dividend period
The Washington times., 1933-10-17

High Low 90
Wilson & Co list Ss41l ssss 981; 9Sb
Yngstwn SIT 5s '7SA Is 74I3 74h
Yngstw nS&T 5s 10 b 741s 1872 1871
Evening star., 1933-03-20
COAL REGULATION
FIGHT CONTINUED
Mine Workers Undaunted by
Decision on Appalachian
Organization.

BY the Associated Press.
Despite the Supreme Court decision
In the Appalachian Goals case, the
United Mine Workers Of America are
planning . renewed drive for Federal
regulation Of the bituminous coal In
dustry.
The high court decided that Appala-
chan Goals. Inc, . marketing organi-
zation formed by operators in the
non-union Southern fields. could be
organised without violation Of antitrust
laws.
Regulatory legislation is vastly more
necessary now than ever before" the
union said in q formal statement issued
yesterday. It added:
"A careful study Of the Appalachian
Goals scheme discloses that 1t Is merely
device wholly beneficial to coal oper-
ators and to no one else. The interests
of the public and of hundreds Of thou
sands Of miners are wholly ignored in
the Appalachian Goals arrangement. It
affords no protection to the public in
Evening star., 1933-03-20

the price Of coal. but leaves the oper-
ators Tree to charge any price they
please.
Appalachian Goals Is . union Of coal
companies who refuse to permit their
employees to join a union Of their own.
They not only propose to control the
price Of coal, but they also propose to
continue to pay starvation wages to
their employees.
The United Mine Workers Of Amer
lea is not opposed to the formation Of
selling pools and agencies, but the union
says such pools and agencies must be
regulated by the Government as q pro-
lection to the public and to the men
who work in the mines.
I'VE do not believe Congress is will
ing for them to run wild and un-
restrained"
Representative Kelly. Republican, OF
Pennsylvania, has introduced q bill
which Incorporates the wishes Of the
union miners.
Evening star., 1933-03-20
HOME TO BE SOLD
By JOAN CRAWFORD
"Any Reconciliation" Would Have
to Be in New Atmosphere,
She Says.
BY the Associated Press.

BY the Associated Press.
HOLLYWOOD. March 20-Any re
conciliation between Joan Crawford
screen actress, and her actor-husband.
Douglas Fairbanks. jr, will have to
take place in an entirely new atmos-
phere," Miss Crawford said today in
revealing she had started negotiations
for the sale Of her home in Brentwood.
The actress said she intends to build
new and smaller house for herself.
Her decision to sell her home was made
after spending several nights alone fol-
lowing her separation from Fairbanks.
MY decision to sell the place does
not mean there is not a possibility Of
reconciliation" Miss Crawford stated.
However, any reconciliation would
have to be made in an entirely new at
mosphere"
Miss Crawford and Fairbanks said
they had separated "as the only means
to our future happiness" Both denied
there was any other woman" involved.
and Fairbanks announced he would SET
out to re-woo Miss Crawford.
Evening star., 1933-03-20
WOMAN VETS TO SEEK
REPEAL IN So STATES
Session Convening Here April SO
Will Promote Program Of
Liquor Control.

Ratification Of repeal legislation by
SO States and promotion of State liquor
control legislation will be the twin aims
Of the Women's Organization for Ma
tional Prohibition Reform at the fourth
annual meeting here, April SIS, it was
announced yesterday by Mrs. William
Beverley Mason, District chairman. The
sessions will be at the MayfloWer Hotel
National leaders Of the organization
believe ratification OF the proposed new
constitutional amendment is virtually
assured in 81 States. according to MIS-.
Mason, who amplified that attention
will be centered on the
other II. Reports from State leaders
will determine Just what the program
will be.
Assisting Mrs. Mason in convention
arrangements is committee whose
chairman is Mrs. Arthur O'Brien, and
including Mrs Henry Leonard and Mrs.
Lee Warren as vice chairman.
Evening star., 1933-03-20
New Faces in Congress
by. WILL p. KENNEDY.
\ IDINd . calico pony and bucking
\ bronchos with cowpunchers. do
ing art needlework and soothing

~ 1OINQ q calico pony and pucklng
u bronchos with cowpunchers do
II ing art needlework and soothing
i her restive spirits with q violin
these are some Of the paStimes
Of happy younger years that have been
outgrown by Representative Kathryn
OJoughlin Mccarthy Of the sixth Kan
sas district in her progress from 2,o0O-
acre cattle ranch in Kansas TO law
practice in Chicago, . seat In the State
Legislature and now y Congress.
She Is the bride Of the House, at the
age of 80, having been married since
her election. Her husband is going to be
her secretary but without going on the
Federal pay roll. He himself Is State
Senator in Kansas and they both have
independent law practices. They first
met when D. M. Mccarthy was sponsor
ing one Of Miss OLoughlin's eight male
opponents in the primaries Last year.
They sought to keep their wedding in
tention q secret, and were secretly mar
ried In q small frame church on Q 20
acre tract on the corner Of her fathers
ranch.
As Q matter of fact they have had no
honeymoon, because they both had a
number of speaking engagements. then
he had & number Of land-sale cases on
which he was appointed master In
chancery, and his duties in the State
Senate, where he, as bridegroom, was
fined so many barrels of apples and cans
Of peaches. Then she came to Wash
ington for the special session Of Con-
gress while he took over her law cases
in Ellis County and his own IN Jewell
Evening star., 1933-03-20

couldn't reciprocate and vote for him.
Now he has come to Washington to
be her secretary-part Of the time
without salary, and has surrendered
70 his Consressman-wi his own EN-
Gent secretary for 13 years-Mrs.
Margaret CASTOR. /;
Mrs Mccarthy has won her own
way, becoming e lawyer against the
opposition Of her father, who did not
actually forbid her attendance at the
University Of Chicago. to escape the
prosaic life of a bookkeeper In her
fathers automobile agency and garage
In Hays. kans She had previously
graduated from the Hays Teachers Col
| lege. She practiced law in Chicago for
eight years, acted as legislative counsel
Ior a large insurance company and was
active in Al Smiths campaign for the
presidency.
But 1t was her father who aroused
her zeal for public life when he was
serving two terms in the State Legis-
lature and took her with him. She was
, clerk to the judiciary Committee. After
Al Smiths defeat she returned to
Kansas and two years later ran for the
| State Legislature and was elected.
In 1921 and 1922 Miss OIoughlin
was national president of the Kappa
Beta Phi Sorority Her first speech in
washington was at the Democratic
| caucus and her second before the local
branch of the sorority.
She loves fine linens and quilts, has
made her own patchwork quilts. Her
| mother Is president of a quilt club.
Her district comprises 26 counties,
| wholly agricultural, occupying one
| quarter Of the entire area Of the State,
| in the northwest corner.
Evening star., 1933-03-20
WILL RETURN CONVICT
Harry Bushnell Wanted in Slay-
ing Case Is Years Ago.

LANSING, Mich, March 20 R).-
Two Michigan off1cers-ieut. Van A..
LOOMS of the State police and In
spector w. L. Wilson OF the Michigan
State prison-win leave tonight for
Butte, Mont, to return Harry Bushnell,
escaped convict, who has been sought
for IS years as a suspect In q double
Staying north Of Jackson July 2, 1918.
Bushnell, trusty at the prison, dis
appeared on July S. 1918, and the bodies
Of Mrs. Tillie Jenkins and Walden Bord-
ner were found the next day.
Evening star., 1933-03-20
NEW CHARTER ADOPTED
North Beach to Present New Draft
to Assembly.

NORTH BEACH, Md, March 20
(SpeciaD Citizens of this village voted
TO adopt a new town charter Saturday
which will conform with new laws
passed by the State government, and
which will also vest new powers in the
Police Department. The charter was
drafted by John B. Gray, Prince Fred
erick attorney. and Mayor Michael j.
Lane. and will be presented to the
Maryland State Legislature during this
session by Senator J. C. Webster and
Assemblyman John Wright of Calvert
County