davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1933-11-11
and Pacific
ReDOrtS Sales Drop

The Great Atlantic & Pacific
Tea Co. estimates sales for four
weeks ended October %, 1898,
at 500, 856,015 compared with $685.
529, 706 for the corresponding pc
Rod of 1882, a decrease of 4 per
cent. Tonnage sales for four
weeks are estimated at 376,069
compared with 415.654 in the
1882 period, a decrease of ga per
cent.
Estimated sales for IS weeks
ended October 20 totaled $541 ,032,-
213 compared with $593,528,955
for the corresponding period Of
1882, a decrease Of S.8 per cent.
Estimated tonnage sales were So
380,775 compared with $3,607 1853,
a decrease of 6.3 per cent,
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1933-11-11
Commodity Price
Index Up 3 Points

Rising steadily since the middle
Of last week the daily weighted
price index, compiled by Dunn &
Bradstreet, Inc, stood at -02.27
on Thursday, November 9, an in
crease of more than 3 points over
the same day Of last week. Com.
pairing the latest figure with the
corresponding day Of 1882, 75.11,
a rise of 36.2 per cent is shown,
while the gain over the same day
of last month is 3.4 per cent.
The rise in the daily index was
caused by higher quotations for
wheat, corn, rye. oats, lard, coffee,
sugar, hogs, steers lambs, cotton,
rubber, tin, silver, and yellow pine.
Only three commodities showed
declines during the week, these
being flour, silk and zinc.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1933-11-11
COTTON STEADY
AS SESSION
CLOSES

NEW YORK, Nov. II G.N.S).
Weekend profit-taking and
strength in the dollar influenced
an easier tone in cotton futures
today.
With Liverpool cables 8 to IA
points lower than due, the market
here opened off 8 to IL points,
but recovered steadily as selling
pressure eased.
South Among Sellers
The South, New Orleans and
commission houses were sellers
with moderate hedge offerings
enhancing the supply of con-
tracts. The trade offered the
principal source Of support and
scattered purchases were made by
Wall Street and professionals.
Intimation that the Russian
recognition negotiations may be
PAOUA 1SOCO q nGIAC dIlu GA1C Gull.
tinued lack Of authoritative infor-
nation as to what the Govern
ment will do with option cotton
influenced a waiting attitude in
some quarters.
Statistics Favorable
The weekly statistics were gen.
orally favorable with the into
sight movement greatly re-
duced and increases in the
visible supply Of both Ameri-
can and all cotton lighter than
the previous week or year. Elk
ports, while less than the pre-
viouS week, were over last year,
and the margin over last year
was widened further.
Closing prices we're up / point
to off l point with December off
at 9.82, January unchanged at
9.92, March off 1 at 1905, May
unchanged at 1919, July up / at
1924, and October unchanged at
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1933-11-11
South Seen Retaining
Soft Coal Trade

Mr.. Kerr's study Of the South.
ern coal situation was issued CO.
incident with the publication of
his outline history Of the Louis.
vile and Nashville, "The Story
Of a Southern Carrier" Review
ing its progress from 1850 to the
present, he points out that the
company has weathered five de-
preSSionS.
SURPRISES Of goods and services,
the author finds, were relatively
as serious in the past century
as today. Between 1900 and
1920, before the advent of steam,
"the construction Of turnpikes
and inland waterways became al
most an epidemic and resulted
in a surplus Of transportation.
just as subsequently the country
built steam railroads far beyond
traffic demands"
Many Canals Abandoned
BY 1885, the record shows the
country had almost $500 miles
Of canals. which cost more than
5000. 100000. Later 1000 miles
were abandoned and $500 more
could be used only in part.
Canal stocks were selling at 100
per cent above par in 1882, but
they were worthless by 1887.
The Louisville & Nashville, 1t is
asserted, was the country's first
railroad to reveal, in a practical
way, the military value Of the
railroad. Reviewing the vital
part which the carrier played in
the War of the Secession, and
subsequently in the industrial
reconstruction of the south, the
author maintains that the dis
covery of gold in California
proved to be the one single
impetus which the South needed
to embark on its era Of railroad
construction.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1933-11-11
Lines on Trade
Improvement

Caterpillar Tractor resumes
dividend m o n { h. National
Tea sales last month bet
ter than a year ago. Freight
headings for week top year
ago by 2O,4S3 cars. Cigar
cite production nearly 10 per
cent up from October last
year. Plymouth and De
Soto sales in November 4
week 10 times those Of like
1892 period. United Car
bon net in September quar-
ter five times that Of year
ago. October output Of
National Automobile Cham
her Of Commerce members
more than four times that Of
1882 like month.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1933-11-11
RAILS ACT WELL
DESPITE DROP
IN TRAFFIC
BY THE WALL STREET
SPECTATOR

NEW YORK, Nov. ii G.N.SO.
Things turned quieter on the
speculative front yesterday.
Stocks were loggy, commodities
down, the dollar more Subdued
and stronger, and the Govern
ment bond section alone saw any
activity worth noting.
Traders are as much up in the
air as to the ultimate outcome Of
these currency gyrations as any
one else.
Still. the feeling is pretty gen
eral that stocks are going higher.
Which is apparently based
largely on the Administrations
determination to put the COM
modify price level up, plus the
trade hopes pinned on the Rus
sian recognition negotiations.
One smart group that Is quite
confident about the market is said
to be concentrating its buying on
four stocks, New York Central,
Lackawanna, United States Steel
and United Aircraft.
None fits into the initiation pic
ture, so draw your own conclusion
on the reason for their bulliShnesS.
London has been doing quite a
bit Of buying in Patino Mines
again-the rise in sterling is the
reason. One uncertainty, though,
is the Bolivian political situation,
and this is keeping one group out
of the stock-the rails continue
to act surprisingly well in view
of the downtrend in traffic.
There are some big earnings
estimates around on the packing
industry.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1933-11-11

some bargaining about that. In
fact, it appears that our recogni-
ton is to be given, not so much
because Russia deserves" 1t, as
because we expect to get some
thing out Of it.
So the practical queStto n
brought up by our recent maneu-
vers is, What commercial benefit
will recognition Of Russia bring
to us? 1t is a business PROPOSE
ton, not q moral issue.
This reduces to a question OF
our trade with Russia, and UNI
questionably there are possibilities
there. Russia is primarily a pro-
Queer and exporter Of raw ma
terials, and she has imported from
us mostly finished manufactures.
This sort Of trade, in which we
sell our finished products and buy
raw materials, always seem to
business men to be especially de-
Sirable.
Mostly Raw Materials
The chief products Russia has
to export, or to trade for our
products, are wheat. furs, barley,
timber products. flax, petroleum
products, butter, eggs. oil cake,
manganese ore, bristleS, sausage
castings, etc.
Her chief imports have been:
Machinery Especially agricultural
implements), cotton, cotton cloth,
wool, iron and steel manufac-
lures, nonferrous metals, rubber,
paper, tea and skins.
Here is a possibility Of trading
our machinery, cotton. steel and
its products, and copper. for Rus
sian furs, flax and manganese
This is the practical way to look
at it.
The big question is: How is
Russia to pay us for the things
we may sell to her? Unfortu-
nately, it is hardly practicable to
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1933-11-11
Insolvency Record
At Lou for October

Dun's insolvency index for O.
tober was 1855, the lowest for that
month in a great many years.
With the exception of September.
for which month the insolvency
index was ITO, the October figure
also was below that for any month
covering the same period Of time.
For october, 1882, and also for
the same month in 1881, when
conditions for both years were
greatly disturbed by the adverse
influences prevailing in practi-
cally all countries, Dun's insol-
vency index was high. A year ago
it stood at 1878 for october, and
134,7 for that month in 1881.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1933-11-11
Effect of Odd Lot
RULinQ Deferred

NEW YORK. Nov,11. UN.S)-
The New York stock exchange
has deferred until Jan. l Segrega.
ton of round lot and odd lot
brokerage business to give certain
brokers who have been acting as
round lot specialists and as odd
lot brokers additional time to
adjust their affairs in accordance
with the new rule.
The plan was to have become
effective next Wednesday.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1933-11-11
Big Cigarette
Gain Shown

A canvass Of the industry
today puts cigarette output
in October 1T $500, 0O0, 600
against S,956,374,523 in the
same 1882 month, an in
crease Of between 8 and 10
per cent. Production in
September was 9,527,722,933.
The October output
brought the total for the
year to date to 97,752,O0O, 900
cigarettes against 88,652,83O,-
126 In the same period last
year, q gain Of more than 10
per cent.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1933-11-11
MORE CITY FINANCING

New State and municipal fl
nancing scheduled by thirty-four
municipalities for the coming
week totals $12,617.89 as COM
pared with $2,965, 637 during the
past week, according to The Daily
Bond Buyer. Weekly average for
the year to date is $13, 400, 1856.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1933-11-11

soviet govern
ment.
At least, this
should end the
long period
during W hi C
one of our
f av orite in
door sports has
been lambasting
the Reds"
But the for
NAL and official
act Of "recognt-
ton" remains to
be com pleted,
and evidently
there is to be
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1933-11-11
DAVEGA STORES PROFIT

Net income Of the Davega
Stores Corp. for the six months
ended with September amounted
to $100,091, which is equivalent to
As cents a share on the outstand-
ing stock, compared with a net
loss of $209,333 last year.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1933-11-11
BY LEWIS HANEY
professor Of Economies
Now York EnlVeFSitY.)

In a way, by receiving her for
eign minister, the United States
has already recognized" the
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1933-11-11
FURNACE FIRES DRAWN

Furnaces in blast on November
/ totaled rs, or 27.4 per cent Of
the total available for iron max
ing. A month ago there were 80
furnaces active, or 31.2 per cent
Of the total.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-24
DAD is SPEED
KING, And SHE'S
LITTLE QUEEN
Bill Cummings Traces His
Success to Daughters
Lucky Birthday.
Continued From Page One)

ing a motorcycle around town, 1
had the SWEETEST time of my life.
I'd give anything to 60 fast.
4 broke into auto racing at Win
chester, Ind, on Labor day in 1925,
in a Monroe car. I went out of the
race early, but I wasn't very dis
heartened. I just kept at it. I
drove all over Indiana and Illinois
before I finally broke into the big
time in 1880 when won fifth place
in the 500-mile race here"
Cummings. who lives at 1714 In
gram street, when he isn't cam
paigning over the United States,
isn't really wild at all He's sane
and careful. He won't put on steam
in a race car unless the car is in
shape.
The Fans Love Him
But the wild Bill" part comes
when his car is in shape. For Will
liam has a heavy foot and isn't a
bit bashful about using it. Fans
love to see him drive. For he takes
the curves hard and fast and
smooth. And there's always a thrill
in seeing Bill whip down the
straightaway and taper off beauti-
fully into a banked turn. It's skill
Little Earline is named for the
man who always sits at Cummings
side in auto races-Earl UnverSaw-
his riding mechanic.
1t was canny little Earl who saved
Bill and himself from a possible
tragic spill on the Speedway last
Saturday in their first qualification
attempt.
Stops Just in Time
Using a strip of leather to test
the tires on the turns, Earl felt
soft spot in the rubber of the right
rear tire on the eighth lap of their
run. They were going more than
100 miles an hour. Earl nudged
Bill.
And Bill, who knows his riding
partner and often rests his life in
his keen eyes and hands, slapped
on the brakes Immediately. The tire
was soft. Bill had stopped just in
time.
Perhaps, too, that's why Bill
didn't hesitate five years ago to
name his daughter after the man
who watches after their lives.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-24

10 TdIlIy repeal OF the eighteenth
amendment, thirty-six states must
elect, to their respective state con-
ventionS, delegates who favor re-
peal. Thirty eight legislatures al
ready have passed necessary leg
islation setting up the machinery
for the election of delegates to
such conventions.
A grave danger is overoptimiSm
on the part of repealists. There
fore, the women's organization for
national prohibition reform is
conducting a campaign to endeav-
or TO arouse the voters in the
various states to the Importance
of their giving more than lip serv-
ice to the cause of repeal, by
working and voting to elect wet
delegations.
FIVE states-Michigan, Wiscon-
Il sin, Rhode Island, Wyoming,
e and New Jersey-have ratified,
but this organization will con-
tinue it's work until thirty-six
states have ratified.
We will continue to do educa-
tional work. We will continue to
study the liquor control systems of
other countries so that we may
be we'll informed, when our re-
spective states ratify, as to the
systems which have been effective,
SO that we may take an intelligent
part in forming a liquor control
system for our respective states.
Prior to each state election, we
will use every legitimate means,
such as meetings, radio addresses,
publicity and organizers to stimu-
late the repeal sentiment in that
state.
For four years we have endeav-
ored to bring before the public
the evils resulting from the prohi-
bition law.
Today, we are faced with not
only the same evils, but also with
the fact that this insane expert
ment has been a financial drain
upon the federal treasury, as we'll
as upon the individual taxpayer.
We might hesitate to talk about
the cost of prohibition and the loss
in revenue to the government,
had the American people stopped
drinking under this law, but ev-
eryone knows that drinking, in
stead of being eliminated, as was
promised by the "drys" has in
creased steadily.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-24
(55,(SSS&& S.!'st+z

A VALON women like their golf
L n and the exhaustive round
played Monday in the Indianapolis
Women's Golf Association selective
holes tournament over Avalon course
just served to put their games on
edge for the regular Tuesday ladies
day play for gold, silver and bronze
medals.
Quite a large crowd took advantage of
an almost perfect gold day to compete
for the challenge medals and when the
smoke cleared away Mrs. R. A. Staudt
and Mrs. Paul Wittemore we're in po-
session of the gold awards.
Four players won silver medals. They
were Mrs. Vance Oathout, Mrs. Earl Her
Vey, Mrs. A. S. Rowe and Mrs. ]. E. Shew-
mon.
The six winners of bronze medals were
Mrs. H. l.. Rauch, Mrs. Hugh Bridges
Mrs. Roy Van Horn. Mrs. Ben Stone, Mrs
CIarabeIIe Davidson and Mrs. Robert L.
Craig.
Now that the medals are won the big
problem for the winners is to keep them
Each medal holder is subject to challenge
from the medal class below and unless
they accept such challenge and defend
their laurels within one week they for
felt.
Persons who have no medals can
challenge a bronze medal holder.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-24

TODAY, the Federal govern
Il ment is powerless to abol-
ish this law without consent of.
the people. The congress and
the majority of state legislatures
have done their part.
We will have no one to blame
but ourselves if this shameful,
wasteful, and disastrous law is
not eliminated from our Consti-
tuition forever.
l believe that the resolution
calling for repeal of the eight
enth amendment will be ratified
within the next sixteen months.
1 believe the great majority of
the people of this country want
repeal. They want to see the Ii
quor traffic controlled and taxed.
They want to be rid of bootlegg-
ers, speakeasies, gangsters and
racketeers.
They want to be rid of hypo-
critical politicians. They want
to be rid of the Methodist Board
of Temperance, Prohibition and
Other Peoples Morals They
want to be rid of the domination
of the Anti-Saloon league.
They want to be rid of the Al
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-24
Fisher in
Golf Lead

By United Press
CHICAGO, May 24-Johnny
Fisher of Michigan led Big Ten
golfers as they set out today on the
last thirty Six-hole fight of the
conference championship tourna-
ment at Kildeer Country Club here.
Fisher, whose home is in Cincin-
natl and who is defending the con-
ference title he won at Minnesota
last year, shot 70 and a 76 Tues
day. One stroke behind was Earl
Larson of Minnesota, with 70 and
a II.
Led by Fisher and Ed Dayton,
who shot a 1873, Michigan main
tanned its lead in team scoring Its
four man total was $50 Minnesota
was second with 663 and Northwest
ern third with $40.
Indiana U. was last in team score
with sos, Fritz Cox turning in the
best Hoosier count, a 166 for the
thirtV-SiX holes
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-24
Track Stars in
National Meet

By United Press
CAMBRIDGE, Mass, May "a
Many of the nations leading track
and field athletes began assembling
today for the f1fty-seventh annual
I. C. "A games to be held at Harv-
ard stadium Friday and Saturday.
Among the early arrivals were the
two-man team of University of
California at Los Angeles-Jimmy
Luvalle, Negro quarter-m miller, and
George jefferson, Olympic vaulter.
The west coast contingent was ex-
pected to answer 100 per cent pres
ent later in the day when STAN
ford's fourteen competitors and
eighteen from University of South
ern California were due. The west
ern schools are title favorites.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-24

hcihtyFe two holes. got two
pars and then banged No 2 iron shot
another birdie.
He should have bagged another birdie
II gave, him another bird and to get his
birdie three on the last hole, he had to
chip in from off the green. Now the High
land pro boasts of an uncoupled round of
81 for the links. Once before, we are
told by Buell., Mcintyre played the out
going nine in 80.
And while Mcintyre was doing an in
dividual 81, Lathrop's par on the tenth
hole. and his No. 3 iron shot on the
fourteenth that gave him a birdie, gave
the pair a best ball score of 30 for the
back nine.
McIntyre's card against par:
Par out 800. 4-4-5-3-4-4-4-3-E35
Mcintyre .... 4-4-6-3-4-4-5-3-437
Par in. 4-3-5-4-4-3-4-4-4-35- $50
Mcintyre. 80. 5-2-4-4-4-2-4-3-3-31-
The Indianapolis Public Links As
ISOLATION has approved the recent ruling
of the Indianapolis District Golf Associa-
ton that all entrants in the 54-hOle dis
trict championship this year be full-f1edged
members of some club and have bonafide
handicap based on five 18-hoIe scores made
this year Handicaps are figured on the
basis of so per cent of the difference be-
tween par and the average score for the
Ave rounds. Secretaries of all clubs must
mail their list of members and handica ps
to Cliff Wagner, district secretary, be-
fore June 4.
The board of control was increased to
include the presidents of each of the mu
nicipal clubs in addition to the elected
representative. The way things are shap-
ing up now, Indianapolis will be repre-
scented in the national public links cham
pionship at Portland in August by only
two players and not a four-man team,
unless the turnouts for blind par benefit
tournaments to be held at all clubs with
in the next few weeks are gratifyingly
large.
The S6-hoIe qualification test to de-
termine the national players will be held
at Coffin and Pleasant Run courses June
y and July 2, with Is holes at each course,
according to John L. Niblack, association
president.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-24
FIRE TURNED ON
HUGE VALUATION
FOR WATER co.
S30,000,000 Appraisal Hit
as Excessive at Rate
Hearing.

The structure of statistics built by
Malcolm Pirnie, consulting engineer
for the Indianapolis Water Com
pany. who appraised the property at
$50 ,342 ,004 was attacked IN federal
court today by George w. Hufsmith,
deputy encouragement
Item by item, HufSmith led the
witness through the maze OF figures
upon which lie baSeG his $50 342 004
valuation of the property on the
basis OF a five-year price average.
PRIME admitted that if his figures
are included in the capitalization of
the company, approximately Is per
cent would be collected by the wa
ter company on the nonrecurrent
city account Of more than $500 900.
Should Pay Twice
That would mean said Hut
smith, that the rate payers would
be paying per cent interest for
the judgment on the clty's delin-
quenU account and an additional 7
Per cent if the money is included
in the capitalization Do you be-
lieve the water company should
earn interest twice."
Yes, in a case like that" an
Swered Prime.
Asked in cross eXaminatiOn how
he arrived at the figure of S250,O00
cash on hand necessary for Oper-
alton of the company, PRIME could
give no specific reason for naming
that amount He said it was based
on his own judgment and his eX-
perience in operating other mu-
nlcipal water companies.
Selects Lower Figure
Explaining the item marked &C
counts receivable, PRIME said he
had selected a mean figure oil
S450,113. The actual accounts re-
ceivable were $500 1926 as of
March, 1888, and $685. 65.11 as Of
October, 1882
THE figure selected here he
said, represents my judgment. I
have taken a lower figure than
either of the other averages"
Albert Ward, special master in
chancery. presiding at the hearing.
agreed tentatively to adjourn the
hearing until Wednesday, May 81,
following PRIMES testimony.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-24

first half of t h e
round, Neal a S O
thre e putted the
seventh green for a
5 and that made him
81 out. Robertson,
who had a rs for the
round, was right with
him. Then N e a
pushed his shot from
the tenth tee off to
the left and it took
Lathrop'S p a r t O
cash in. Mcintyre was
playing just ordin-
airy. But from here
on it was just too
bad for Buell. and
Robertson.
Big Mac hammered
the pellet for rs blows
on the next eight
holes, just a fraction
over even SIS. He
ran ten foot puts fol-
brides on the next