davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1933-02-07
.L|STLESS CURB
|RREGULARLY
LOWER
By THEODORE KOsLOW

NEW YORK, Feb. Z UN.S0.
The Curb Market barely moved
out of an extremely narrow trad.
ing range in dull and listleSs deal
ings today. Price changes were
irregular, with offerings in the
more active favorites absorbed on
fractional dips.
Bullish Hopes Rise
The general lack of speculati,L
interest encouraged hopes of bull
ish leaders that a rally might
develop in the near future from
somewhere around these levels.
1t was admitted, however, that
it would take some outstanding
news development to break the
list out of it's current lethargic
state.
The run of utility leaders eased
slightly from previous closings,
although offerings were scat.
tered. Columbia Gas and Elec-
trio preferred firmed up, gaining
a point to 1872.
Woolworth, Ltd, continued to
feature a ragged speciality list
with a gain of "a to new
1928 high at 1914.
Gold Shares Quiet
The Cities Service issues backed
away slightly, the common off 1s
at 2A and debentures showing
loss of "a at 33E2.
Gold shares lost their buoy
ancy, Lake Shore Mines dipping
to 31l2 for a loss of "a and
Tech Hughes easing 18 to 3B,
Oils were quiet.
Utility obligations continued to
show a heavy tone in the bond
section, with Electric Power and
Light SIS off p point at 36A.
The Washington times., 1933-02-07
Exchange
Issues Dip in Week
HIGH Low 1:0n

Thirty representative stocks
listed on the Chicago Stock Ex-
change had a market value at
the close of business February 4
of $394,119,5OO, a decrease of
$32,120,625, or 7.54 per cent, as
compared with $426,24O,125 at the
close of the preceding week, &C
cording to Paul H. Davis & Co.
At the close of the correspond
ing week a year ago the same 80
stocks had a market value OF
$7O7, ,953,239, indicating de-
crease during the year of $313,-
833, ,739, or ABB per cent.
The Washington times., 1933-02-07
OREGON PLACER
GOLD WORKED

The total value of gold, silver,
copper, lead, and zinc from
lode and placer mines in oregon
in 1882 in terms of recovered
metals is estimated at $439.O2O,
compared with $319,7O3 in 1881,
an increase of approximately
$119,317, according to figures
prepared by V. c. Heikes, of the
United States Bureau of Mines,
Department Of Commerce.
Gold was the chief metal pro-
duced and it's output is esti-
mated at $1,000 ounces, valued
at $434,110, compared with 49,
$50 ounces, valued at $317,315,
in 1881. The silver yield was
incidental to the production of
gold and increased from 1884
ounces, valued at $2,104, in 1881,
to about 5000 ounces, valued at
$3.50, in 1882.
Increases also we're reported in
copper, lead and zinc, but pro-
duction was of little import, the
combined value being estimated
at only $2,366.
Gold mining was confined
principally to the placers, though
a few lode mines were produc-
tive. Small placerS throughout
the State were actively worked
and their production contributed
substantially to the gold output
in 1882. On Canyon Mountain
pocket hunters produced many
small lots of gold and a sensa-
tional strike was reported on
the Chambers group, near the
scene of a rich strike in the sos.
The Washington times., 1933-02-07
Gains Encouraging
For Latin America

Latin Americas balance of pay.
ments showed credit in 1881 of
$92, 100000, which increased to
$12O, O,OOO,O 900 in 1892, according to
statement of the Committee on
Inter.American Relations working
in cooperation with the National
Foreign trade Council.
Although this is encouraging as
showing that Latin American
countries are gradually solving
many of their problems, the com.
mittee warns that exchange quo.
tations indicate that pressure is
still operating due to efforts to
transfer backed-up currencieS and
Other items which escape analysis.
Settlement of arrears and other
obligations must await further ad.
juStment.
The Washington times., 1933-02-07
Spot Cotton Quiet
In LIVERPOOL Trade

LIVERPOOL, Feb. 7 G.N.SD.
Spot cotton was quiet and steady
at the opening today. Receipts
totaled 1890 bales, all American.
At midday, middling fair was
quoted at 6,04d; strictly good
middling 5.59d; good middling
5.29d; strictly middling 5.04d:
middling 4.89d; strictly low mid
ding 4.74d; low middling 4.50d;
strictly good ordinary 4.39d, and
good ordinary 4.09d.
Futures opened steady, with
March at 1860; May 4.68d; July
Aid, and October 4.76d.
The Washington times., 1933-02-07
GRAIN FUTURES
TURN DOWN

CHICAGO, Feb. 7 GN.SO.-A
heavy blanket of snow preceding
subzero temperatures over most
sections of the winter grain belt
today halted short covering and
buying in the board of trade
wheat pit.
Active demand which pushed
prices up nearly &c yesterday was
absent and values reacted about a
half cent from yesterdays close.
Near mid-session wheat was Kc
to 2sc lower, corn 1sc to Ac down.
Oats were 1sc to Ac lower and
rye unchanged to Ac off.
WINNIPEG. Feb. 7 G.N.SJ.
Grains started steady to easy to-
day. Wheat was unchanged to
Ac off. with May 47B@47Ac;
July, 48@48Bc; October, 491sc.
Oats were unchanged to 1sc
lower, with May, 2412c; July,
23A@@c; october. 22as@22Rc.
The Washington times., 1933-02-07
RANCE IN BOND
DEALINGS IS
NARROW
BY MUNROE ROBERTS

NEW YORK, Feb. 7 GN.S). d.
The Bond Market held within
comparatively narrow trading
limits today, with firmness in
the rail group contrasting with
continued sluggishness in U. S.
Government obligations.
Southern Gains Ground
Among the active rail liens to
gain ground, were the New York
Central SIS, which moved up "a
to 47H; Southern Railway As
up "a at 1912; Baltimore and
Ohio IS of '95 up Ss at 45B;
and Chicago Northwestern 4As
up "a at II.
Treasury 4Hs showed the wild
est recession in the U. S. list,
sagging 5-32 to 1920. Nominal
declines also appeared in Treas
ury IS and Treasury 33ss of '43.
Treasury 31ss edged up 2-32 to
1902.
Foreign Liens Mixed
Foreign Government obligations
were mixed with German Is off
"a at TIA; German 512s un-
changed at 5534, and Belgium rs
of Sc down y at 10412.
The better grade utility liens
were slightly easier.
The Washington times., 1933-02-07
RALLY ID D N 8
ASG. N. PAYS
BY WALL STREET SPECTATOR

BY WALL STREET SPECTATOR
NEW YORK, Feb. 7 GN.SO.
General Motors in paying the
regular dividend yesterday threw
the stock market the much needed
life line it has been waiting for.
One thing that will initiate
against any sizeable rally, though,
is the fact traders will still be
on the anxious seat, waiting for
the American Telephone pay
ment on the fifteenth.
There is still a good deal of
talk about cigarette price cut in
ther offing. Yesterday was the
day it was supposed to happen.
In certain quarters which claim
to be close to the tobacco situa-
ton, however, it is firmly asserted
there won't be any further price
cut.
One thing in favor of the
market right now is apparent
building up of the short interest.
Last night II issues brought
premium in the loan crowd. This
is the largest number in months.
The bond market is still the
place to watch for a cue to any
sustained stock market upturn
or, for that matter, for a sub
Stantial decline.
The Washington times., 1933-02-07
Engineers Service
Share Net SLlLn1DS

Engineers Public Service Com
pany has issued a preliminary
statement for the year 1882 show
ing gross earnings of $44,835,078
and net operating revenue of $780,
472,945, which compare with $751;
201,540 and $22,713,844, respec-
lively. for the previous year.
Balance after all charges, in
Guiding reserve for retirementS~
for the current year amount to
$1,866,50 or SO cents per share of
common stock, which compares
with $4,117,412 or $215 per share
for the previous year.
The Washington times., 1933-02-07
II. W. Budd Heads
Eastern Greyhound

Robert w. Budd, for the past
year vice president of Eastern
Greyhound Lines of Delaware,
Inc, and made president of that
corporation by the board of di-
rectors meeting in Chicago re-
Gently, is, at 2 years of age, one
Of the youngest transportation ex-
ecutives in the United States.
His interest in transportation
came naturally, as his father, R
w. Budd, sr,, was head of the
Great Northern railroad, and at
present is an executive of the Chi
cago, Burlington & Quincy. The
Great Northern railroad, serving
the same territory as the North
land Greyhound Lines. became
financially interested in this motor
coach company several years ago.
The Washington times., 1933-02-07
Foreign Liens Mixed
BANKER PLEADS
FOR FARMER

The twenty-seventh semi-annual
report of the international Bank,
out here today. shows resources
on January 81 totaling $1,541, ,078,
of which $829,740 are in loans
and discounts and $500,848 are in
bonds and investments.
John r. Waller, president, in
presenting his report to stock.
holders. minces no words in de,
Scribing the seriousness of pres,
ent economic conditions. but
closes on a note of hopefulness,
declaring:
RESTORE BUYING POWERS
ut is imperative that the pur-
chasing power of the people,
and especially of the farmer, be
restored. The prOfitabIeneSs of
all enterprise, the relief of un-
employment and the stability
of the Government itself, are
dependent on this being done.
'1f every one does his part,
we are certain that at the end
of 1888 we will be able to
write more encouraging re-
port than we are able to make
at this time"
Thomas B. Lawler, secretary of
the Realty Investment and Sc
curities Corporation, submitting
a report showing deficit of $72,-
966 for the corporation in the
fiscal year ended January 81,
comments:
LOAN AGENCIES TIGHT
eve were forced to abandon
several properties because of
the unreasonable demands by
the holders of mortgages as a
condition of their renewal. The
attitude of banks, mortgage and
insurance companies in this
matter is still uncomprOmis-
ing.
"The future of your com.
pany is entirely dependent upon
rapidly changing conditions, and
we hesitate to forecast what
the future will bring"
The Washington times., 1933-02-07
BRIDGES TO AID TRADE

Schedules of steel, cement, lum-
ber and other materials, as we'll
as labor, for the immediate con-
struction of two colossal bridges
spanning San Francisco Bay at
an aggregate cost of $4,000, 900,
promise to aid Importantly in
the national upturn of business,
the Bank of America california;
states in a weekly comment on
Far Western business.
The Washington times., 1933-02-07
VALUES WRITTEN DOWN

A statement in the annual re-
port of E. I. du Pont deNemours
to the effect that appraisals of
plants are being made ito de-
termine whether the important
readjustment in price levels
should warrant any change in the
valuation of fixed assets" called
attention to a trend which will
doubtless be reflected in early
forthcoming annual statements
of many other important COM
panies. and also to the progress
which has already been made
along these lines, says the Stand
ard Statistics Company, of New
York.
The Washington times., 1933-02-07
HUNGARY BUYS BONDS

Speyer & Co., as American
fiscal agents for the 7l2 per cent
state loan of the Kingdom of
Hungary of 1924, have purchased
for account of the Hungarian
government during the fiscal year
ended February l, 1888, $4,000
bonds Of this loan for cancella.
ton through the sinking fund.
The Washington times., 1933-02-07
Fisher and Crunlp
IndiceS Go LOUer

Declining for the fourth week
in a row, Prof. Irving Fishers
index of commodity prices, based
on 100 as the average for 1926,
stands at 55.3 compared with 55.5
a week ago.
CrumpS index of British prices
also is lower at 500 compared
with GIL the week before. The
Milan chamber of commences in
dex of Italian prices is 45.2
against asa a week ago.
The Washington times., 1933-02-07
UTILITY TRUST PROFIT

Utility and Industrial Corpo-
ration's net income for the
year ended December 81, 1882,
amounted to $1,053,385, which
is equivalent to $1.56 a share on
the outstanding convertible pre-
ferred stock, according to the
corporations annual report made
public today.
The Washington times., 1933-02-07
BIRTHS

Lester NJ. and Dorothy F. Glaze.
boy.
Ernest L. and Irene struttmann boy
Tony and Ruth L. Catena, boy
Lloyd and Leta Richmond boy
John V. and Elizabeth NJ. Murphy,
boy
Michael F. and Ethel A. Kelly boy.
Joseph D. and Helena Abbate, jr
boy.
Carroll R and Mary L. Holt, boy.
Leonard A. and Ruth Brickham, boy.
Ernest A and Margaret V. Arm
bruster. girl.
James II. and Helen Patton, jr.. girl.
Lloyd w. and Florence H. Bowman,
girl
George B. and Marie Clendenin, girl
Harry f. and Helen White, boy.
Kemper l.. and Beatrice 7. Mills.
bow
The Washington times., 1933-02-07
MRS. MARY @. BARTON

Funeral services for Mrs. Mary
@. Barton, Sc, wife of the late
DR.. William M. Barton, who died
yesterday at her residence in the
100 block Rhode Island Ave. N.
W., will be conducted at ST..
Matthews Church tomorrow morn
ing at 10 o'clock. Burial will fol
low in Rock Greek Cemetery.
The Washington times., 1933-02-07
MRS. EUNICE MEADE RYLAND

Mrs. Eunice Meade Ryland, so,
wife of the Rev. C. P. Ryland,
pastor of the Baptist Church of
Manassas, Va, and formerly
pastor of the Kendall Baptist
Church here, died in Emergency
Hospital early today after a two
weeks illness.
Funeral services will be con-
Quoted in the Baptist Church of
Manassas tomorrow morning at
8 o'clock. The Rev. C. B. Austin,
pastor of the West Washington
Baptist Church, of this city, and
the Rev. G. T. Taylor, of Hamil-
ton, Va, will officiate. Burial
will be in the family lot at EN-
poria, Va.
Mrs. Ryland was a native of
Southampton county, Va, and
had been an active church
worker throughout her life.
She is also survived by a son,
DR.. C. P. Ryland, jr., of Bing-
hamton, N. Y.
The Washington times., 1933-02-07
WILLIAM II. WOOD

Funeral services for William H.
Wood, rs, for many years chief
engineer of the Columbia Engine
Company, No. 4, of thc Alexan-
dria Fire Department, who died
suddenly yesterday at his home,
100 block South Asaph ST.. Alex
andria, will be conducted at the
residence at 2 o'clock tomorrow
afternoon. The Rev. William B,
McIlwaine, jr.. pastor of the sec-
ond Presbyterian Church, will Of
ficiate. Interment will fellow in
Union Cemetery, Alexandria.
Mr. Wood was employed as a
machinist at the Washington
Navy Yard. He was a member
of Alexandria Tent No. 10, Mac
cabees.
Surviving are seven children,
Mrs. Stuart Jones, Mrs. E. W.
Markell, Mrs. William L. Lyons,
William H. Wood, jr., anG Harry
Wood, all of Alexandria. and Mrs
w. L. Whiting and Mrs. Lindsey
Birth, of Washington.
The Washington times., 1933-02-07
DEATHS

Louise A. sterick, 81 years, 1915 Wis
consin Ave. n. W.
Elizabeth c. Thayer. rs years. 1877
North Carolina Ave. s. f.
Agnes V. o'Connor. II years, 1922
Fourth st. n. W
Katherine j. Crowley, 64 years, the
Shoreham Hotel
The Washington times., 1933-02-07

John Goldsmith, SO years, George
Washington Hospital.
Marion Burroughs, 4s years, sibley
Richard e. sedgwick, 4s years. 80
Bates ST. N W.
Mildred zell, 13 years. Gallinger Hos
pital.
Marjorie Mace, IL months children'S
Hospital.
Len Washington. 60 years. Providence
Hospital
Edward Thomas, rs years. Gallinger
Hospital,
The Washington times., 1933-03-16
American Tobacco
Profit S43,267 ,O33

The American Tobacco Com
pany reports net income for 1882,
after deducting depreciation and
taxes, amounted to $43,267 ,083,
compared with $46, 1874 for the
previous year. Net earnings on
common and common B stock
were $8.46 per share.
Dividend payments during the
year totaled $28,445,535 on $11S,,
523,65O of common and common
B stock, and $3,161,982 on the
$4,000, 700 in 6 per cent prefer
red stock outstanding.
Total assets of $303, ,621, ,088 were
reported, and liabilities of $685.
513,471, leaving a surplus of $118,-
1O7,617, an increase of $11,659,-
SGT over the previous year.
Cash on hand totaled $46,459,-
628, almost double the $26,810,061
at the end of the previous year
and three times that on Decem-
ber 81, 1880.
The Washington times., 1933-03-16
CHICAGO GRAINS
HIT TOP LIMIT
FROM CONG

CHICAGO, March 16 GN.S0.
A wild wave of buying swept the
grain pits today on the Board of
Trade as trading was renewed
following a Today holiday.
Prices for all grains except oats
touched the maximum limits
within a few seconds of the open
ing gong.
Values at midsession were prac-
tically at the top for the day,
wheat being up cents above the
previous close, March 8. Corn
Gas 27s to 3 cents higher, oats
ia to 1A cents advanced, and
rye 3A to 4 cents improved. Bar
ley was up 3 cents.
The Washington times., 1933-03-16
+CONTEST DETAHS<

How well do HOu know the year and model Of auto
mobiles? Here's . chance display skill and win
THREE BOX SEAT TICKETS. good for the first three
Saturday games to be played here in Warrington by
the Senators and another American League Team.
First. decide the and model of the used pic
tUred above. Then turn to The Automobiles For Sale"
columns of either tOday's Herald Times. and clip
all the ads listing Of the year and
model regardless Of the name of the advertised.
Then assemble these ads in you fit and
bring mail contest entry to the Want Ad Con-
Editor The Washington Times Co.. 1917 Street
N. w. TWO sets Of three box seat tickets each will
be given away each day. Contest entries competing
The Washington times., 1933-03-16
TILT Of Il PCT.
IN 100 STOCKS

At the end of the first day
after the resumption of trading
on the New York Stock Exchange,
the market value of 100 repre-
sentative issues was $1,344,9 900,
or 17.6 per cent, higher than when
trading was suspended on March
3, according to Frazier Jelke &
Co. The appraisal of the 100 is
sues at the close on March IS was
$8,957, 1895, 900, compared with
$7,612,976,000 at the close on
March 8.
The largest advance in dollars
was in 10 oil stocks, which ap-
preciated $211,475,O00. The rails
advanced $166, $50. 900; the motors,
$165, ,224,O0O, and the utilities,
$3.50, ,633, 900.
The increase in valuations from
the close on March 3 to the close
on March IS was equal to about
76 per cent of the extensive de-
cline in February.
The Washington times., 1933-03-16
EXCHANGE SEAT
PRICES JUMP

NEW YORK, March 16 GN.S0
Stock Exchange memberships had
jumped $4,000 to 100000 today,
reflecting the boom in the stock
market and the rising trend in
memberships in other exchanges
during the national banking holi-
day.
Two exchange seats changed
hands at 100000. The names of
the principals were not divulged.
A curb seat was sold at an
advance of $4,000 a few days
ago at $35, 900. Grain seats on
the Chicago Board of Trade have
practically doubled in the last
two weeks, selling up to $500,
while other commodity exchange
memberships have risen substan-
tiallY,
The Washington times., 1933-03-16
Liverpool Demand
Improves for SPOT

LIVERPOOL, March 16 G.N.S0
There was better demand for
spot cotton at the opening today,
with prices steady. Receipts to-
tailed 1000 bales, none American.
At midday middling fair was
quoted at 6.45d; strictly good mid
ding, Cd; good middling, 5.7Od;
strictly middling, 5.40d; middling,
5.25d; strictly low middling,
5.1Od; low middling, 4.95d; strictly
good ordinary, 4.75d, and good
ordinary, 4.45d.
Futures opened firm, with May
at 5.O9d; July, 5.09d; October,
5,14d, and January, Sled.
The Washington times., 1933-03-16
AVERAGE.
SCARS IN DAY

The investment trust average
compiled by Allied-Distributors,
Inc, registered a sharp advance
during the first day of resumed
business following the end of the
banking holiday, the leverage
stocks registering a gain of 27.9
per cent on the average, against
an advance of Is per cent for the
general stock market averages.
The average for the common
stocks of the five leading man.
agement trusts, influenced by the
leverage factor, stood at lila at
the close of business yesterday
compared with 8.71 on March 3,
just prior to the declaration Of
the banking holiday, and with
1913 on December 81, 1882.
The average Of the nonleverage
stocks stood at 1895 as of the
close of March Is, against ga
at the close on March 3. The
average of the mutual funds
closed at 8.03 against 7.27 on
March 3,
The Washington times., 1933-03-16
CAPITAL IS CUT
BY DRUG INC.

NEW YORK, May IS u.N.SO.
Drug, Inc, yesterday elected as
directors, George c. Haigh, vice
president Bank of Manhattan
Trust Company; Eugene w. Stet-
son, vice president Guaranty
Trust Company; Charles S. Mum
son, president United States In
dustrial Alcohol Company, all of
New York, and j. Sumner Jones,
of West Virginia.
Capital was reduced from $685.
468,2 to $35,014,990 by chang
ing shares from no par to $40
par value. The company operates
several stores in Washington,
through subsidiaries.
The Washington times., 1933-03-16
BUYING ORDERS
SPEED CURB'S
UPSURGE
BY THEODORE KOSLOW

NEW YORK, March 16 Q.N.SO
The curb market continued its
advance today, with another wild
surge of buying orders carrying
leading issues to new high ground
on the upswing.
Turnover was again heavy
with the public showing an IN.
terest unrivalled since the 1928
boom days.
Specialties in Lead
Specialties we're in the fore
front of the general list, with
Great Atlantic and Pacific stores
once again garnering top honors
with an advance of 8 points to
149.
Other featured performers were
Aluminium preferred, up 5 at 81;
Aluminium common, up 2 at 52K2
Safety Car, up 2 at %, and Pep
perell Manufacturing, up 3 at 81
Electric Bond and Share was
churned over in large volume In
the utility group, chalking up a
gain of 13s points to 18. Colum
bia Gas and Electric preferred LED
the senior issues with a gain Of 4
points to 80.
The Cities Service common
added "a to it's recent upswing to
reach the 3H level and the de-
bentures chalked up a gain Of a
point at 34A.
Humble Features Oils
Humble featured the oils with
an advance of IA points. Blue
Ridge and Atlas Corporation were
heavily bought in the investment
trusts.
Utility bonds continued strong
with American Gas and Electric
SIS up 2 at 83, and American
Power and Light IS up 1A at 49,
The Washington times., 1933-03-16
BONDS RESUME
ADVANCE, BUT
PACE SLOWS
By MONROE ROBERTS


NEW YORK, March Is QN.S0 .
Bond prices extended their ad-
vance in forenoon dealings today,
but the pace of the upswing
slowed down considerably.
United States Governments
were fractionally improved, with
the best ground-gainer being the
Treasury 4As, which showed a
gain of 1882 at lotto.
Rails in Demand
Lesser advances were the rule
in other Treasury issues.
Heavy speculative demand was
again attracted to the rail group,
although the appearance Of offer
ings at the higher levels prevented
any such runaway advances as
had characterized yesterdays S
trading.
Southern Pacific 412s of. 81
stood out with a gain of "a
points at 4434.
High-grade utilities were higher,
led by the American Telephone
5s of '65, which advanced full
point to 102.
japanese Liens Rise
Japanese issues were again in
the forefront of the foreign group
with an advance of a point each.
Domestic corporation liens
moved up from fractions to more
than a point.
The Washington times., 1933-03-16
Commercial Credit
Finances for Norge

An exclusive financing contract
between the Norge Corporation,
q division of Borg-Warner
Corporation and Commercial
Credit Company, of Baltimore,
providing for a standard national
finance service for the sale of
Norge products is announced.
It is expected that Commercial
Credit Company will purchase be-
tween $15.OOO,00O and $20.00O,000
of deferred payment obligations
during the coming year under
this new contract, officials stated.
The Washington times., 1933-03-16

for tOday's two awards must be received by the Con-
test Editor not later than IL day after
The correctness Of the Identification OF the Car
pictured abOve the greatest number Of correct ads
clipped from todAys Want Ad Section and neatnesS Of
presentation shall be the determining factor by which
the Judges shall decide the winners The decision Of
the judges all matters relating to the contest shall
he final In Of ties duplicate awards will he
made Employees Of The Washington Times Co.
members of their families eligible compete
for these daily prizes.
Watch the Herald Times every day for similar
contests and winners Of tOday'S contest.