davidaulloa/AmericanStories huggingface dataset:
Evening star., 1933-01-21
us. BOND ISSUES
TOUCH new HIGHS
German and Italian Loans
Also in Demand at Short
Session.
BY CHARLES F. SPEARE.

Special Dispatch to The Star.
NEW YORK, January PA number
Of new high prices for the year were
registered today in the loans Of the
United States Government as we'll as in
those OF Germany and Italy. The other
feature of the days trading was the
road bonds.
United States Liberty fully tax
exempt 312s crossed 1903. Treasury
414s rose ls and were quoted at about
11034. which brings the yield on them
to around 1926 per cent. The Treasury
3s4s made new high in advancing "a,
while the two discount Treasury issues
were slightly above Fridays closing.
The recovery in the German issues,
after the sharp reaction in the early
part Of the week. has brought the
Government Is above IS the first time
this year. The 51ss rose 1la points
today, but were 2 points under their
previous best figure Of the year. There
were good gains all through the list
Of German public utilities and munic-
1pal bonds. Italian government Is sold
again at par, Japanese loans were
somewhat heavy.
In the domestic list, about all that
could be said is that bonds that have
been f1uctuating between moderate
strength and moderate weakness for
several days were firmer in today'S ses-
sion. The trading in them is almost
entirely speculative, with one days op-
erations uncovering the position of the
day previous. Missouri Pacific, Balti-
more & Ohio, Illinois Central and Ches-
apeake Corporation bonds were frac-
tionally better
The industrials did fairly WELL with
rallies in United Drug SIS. National
Dairy Products 54s. and Paramount
Publix 516s, which moved contrary to
RADIO Keith -Orpheum Is, whose price
was the lowest Of the year. American
& Foreign Power IS rallied W points
Columbia Gas & Electric IS were some
what lower. Ctility Power & Light 51as
has gained 1a. International Telephone
& Telegraph 4kas were up a point. In
terborough Rapid Transit issues were
strong.
There was slightly higher range of
prices for the high-grade railroad and
public utility mortgages. Chicago &
Northwestern today made application to
the Reconstruction Finance Corpora
tion for a loan of $11,127,000 to pay
maturing obligations.
Evening star., 1933-01-21
Washington Produce
WHOLESALE PRICES.

Butter-One- pound prints ts3 score) i,
"a; tub, %; one-pound prints (s2
score). %; tub, %; one-pound prints
(s1 score). %; tub. 81; one-pound
prints 600 score), 81; tub, 20. =,
Eggs-Hennery whites, 18; current
receipts, IT; Government graded ex-
tras, IS; standards. "a: mediums, %.
Poultry, a1ive-Turkeys, young hens.
16a1s; young toms, 14al5;. old toms, 13a
IA; young toms. over 20 pounds, IL;
old hens, 10a12; chickens, Plymouth
Rock broilers, 13a14; Plymouth Rocks,
pounds and over, 15a16: under 12a13;
mixed colored chickens. 12a14; Leg
horn, 10; colored hens, l3a15; Leghorn
hens, 7a8; hens 4 pounds and over,
12a14; capons, large, 17al9; small 15a
is; roasting chickens, 15al6; keats.
old, 20a25: young, 25a35; roosters. 7a8.
Poultry. dressed - Turkeys, young
hens, 19a21; young toms, 17a18; old
toms, 16a17; old hens, 13a15; chickens.
Plymouth Rocks, pounds and over,
17a19; under, Halls; Plymouth Rock
broilers, 16at7; capons, large. 2la23;
small, 17a19; mixed coiored chickens,
Halls; Leghorns, IA; roosters, 10a12;
hens, 4 pounds and over. 15a17; keats.
young, 20a30; old, 15a20.
MedCS-beeI, III, ldIuD, ~, veal, IL,
pork loins, 10; fresh hams, 10; smoked
hams, IL; strip bacon, 13; lard, 71s;
compound. Z.
Game-Rabbits, per dozen, 1.50a1 80.
Fruits-Apples, fancy box stock. LISA
225; pears, 1.50a2.50; pineapple, 2.25a
$50; cranberries, ESQ; alligator pears,
2.50a3.00; oranges, 250a3.5O; lemons,
400a6.00; grapefruit, 2.00a2.25; tanger-
ines, 1.25a1 so; bananas, 1.5oa2. so; rhu-
barb, 5-pound boxes, 50a60; straw
berries, pints, 15a25; quarts, 40a50;
Spanish melons, .6.00a7.0O; honeydews,
400; grapes, 1.50a2 so.
Vegetables Potatoes 100-pound
sacks, 1.O0a1.25; Idaho bakers, LISA
1.s5; sweets. 6Oa75; cabbage. new, GOA
100; old, 65a75: kale. 35a50; spinach,
6Oa1.I5; watercress, rs; peppers, 2.00a
ESQ; eggplant, 200a2.50 lettuce. ice
berg, 325a3 so: peas, 200a3.00; string
beans, LOCAL so; limas, 2.5oa3.5O mush-
rooms, GOATS; beets, crates, 1.50;
carrots, crates, $50; tomatoes, repacks,
1.50a2O0; parsnips, 125a1.50; turnips.
rs; broccoli, 2.50a3.00; squash, 2.25a
ESQ., satisfy. dozen punches, rs; cucun-
bers, bushel, ESQ; lettuce iceberg, 3.25;
chayote, per dozen, 1.00a2,00.
Evening star., 1933-01-21
COMFORT is KEYNOTE
OF MOTOR SELLING
Less Emphasis Is Being Placed
Upon Speed in Sales Talks
to Buyers.
BY the Associated Press.

DETROIT. January 2l.-One Of the
significant developments Of the last
year or so in the automobile industry
emphasized during the current show
season is the fact that sales directors
and others having to do with promoting
buyer interest are placing less en-
phasis on the speed possibilities Of
their product than upon the driving
and riding comfort
More speed has been built into nu-
merous cars, but for some reason It
has been subordinated as a selling fac
tor. In no instance has the speed ca
pacity been reduced.
Automotive engineers generally ap-
pear agreed that the immediate future
will see little change in the present
speed capacity of the average automo.
bile. The present top speed, they say,
is a natural consequence Of steadily
improved highways and q more or less
general liberalization Of speed laws
throughout the country
The highways and the highway laws
now, however. are in consonance with
the speed capacity and the safety fac
tors Of the modern motor car. Highway
development, the engineers believe, may
lag somewhat in the immediate future
because of economic conditions. Wheth.
er 1t does or not. most Of the engineers
believe that all the speed that at pres
ent may be safely built into stock cars
has been provided and they are now
giving most Of their attention to other
phases Of motor car improvement.
Evening star., 1933-01-21
BIC BANKS PREFER
YOUNG EXECUTIVES
Recent Elections Show Lead.
ing Institutions Want
Presidents Under so.
BY the Associated Press.

BY the Associated Press.
NEW YORK. January 21-whether
President-elect Roosevelt will accept
the advice Of Col. Edward M. House to
keep away from "us old dodo birds" In
selecting key men for Government posts
Is still an open question, but there Is
evidence that several boards OF direc-
tcrs of leading Wall Street financial
institutions agree with the colonel.
For one thing. the wear-and-tear
that goes with high executive ofices
calls for youth, although there are many
cctogenarians seem able to keep up
with the f1eetest Of the younger crop.
36-Year-Old President.
The Central Hanover Bank & Trust
Co., one of the big SIX Wall Street
banks, has just selected william Steele
Gray, jr., SO, as president.
William H. English, jr., q youth Of
80, has been elected president of the
Coffee & Sugar Exchange. He Is the
youngest man to head any Of the citys
security or commodity exchanges. He
halls from New Jersey.
Another young bank president Is s.
Sloan Colt Of the Bankers Trust Co.
SOib Wdo 90 III ouAC, 1901, WICu Itc
stepped into the presidency Of that
Morgan-founded Institution, which
rates among the larger banks of the
country.
Artemus L. Gates, native Of Cedar
Rapids, Iowa, who was made president
Of the New York Trust Co. in the Sum-
mer Of 1929, is also youngster as bank
presidents so. Gates celebrated his 37th
birthday two months ago. Gates was
captain-elect of the Yale foot ball team
in 1917, but instead Of playing he went
away to war.
Other Executives.
Gordon s. Rentschler. president of
the National City Bank. Is also rated
as a young man for so responsible .
position as he holds. Rentschler Is ~.
Winthrop w. Aldrich, newly elected
chairman Of the governing board Of the
Chase National Bank, actual head Of
that institution, who likewise occupies
the presidency Of the bank as well. u
also Al.
Evening star., 1933-01-21
FAVORABLE TRADE FACTORS
NOTED DURING CURRENT WEEK
Cold Storage Holdings of Food Shrink.
Bank Failures Are Well Below
Level of Last Year.
BY the Associated Press.

BY the Associated Press.
NEW YORK, January 2l-The cur
rent issue Of Bradstreets says:
THE developments of the past week
are on the whole constructive. On the
debit side are two and possibly three
unfavorable items. Bank failures have
displayed a disconcerting reversal Of
trend. During the past three weeks an
average of SO banks have failed each
week, approximately twice the rate
during the first three weeks of Decem-
Der. Failures are still well below the
level Of the preceding year. The sec
ond item on the wrong side of the
ledger is the disinclination of the Sc
curity market to break out of the mar
row trading range defined during the
past three and a half months. The
weakness Of the last few days, coupled
with the nominal volume. is the best
general index Of the uncertainty which
still prevails.
Budget Problem.
The budget cannot be balanced with
out q substantial increase in taxes and
whether these taxes fall upon the in
come Of the few remaining well-to-do
or upon consumption, they would have
to be so heavy as to demoralize the
faint will to revival now in evidence
The deficit at the present time is
caused in large part by emergency
items. many Of a capital nature. which
will be repaid. 1t seems highly illogical
to force the country to meet these
heavy expenditures at q time when it
Is least capable Of doing so. The bud
get in good reason should be viewed
over period Of years, including both
the prosperity and depression phases of
the business cycle It should be con-
sidered q satisfactory compliance with
the canons of sound public finance If
1t balances over this period. As fur
ther argument on this point we might
Evening star., 1933-01-21

point out that recovery in previous de-
presslons has always commenced be-
fore the national budget was balanced.
ana that the balance of the latter was
not the cause of revival, but rather its
result. Some people are asking the
shoemaker to produce a full assort-
ment Of shoes before he goes to work.
ON the other side of the business
balance sheet We have number of
strongly constructive items. BY all
odds the most significant is the sharply
declining trend in the cold storage
holdings Of frozen and cured meats
and dairy products. The Bureau of
Agricultural Economics reports that
cold storage holdings Of food on the
drst OF the year were below those of
January /, 1882. and substantially
below average holdings at the same
date during the preceding five-year
period. Stocks of meats and lard, for
example, are 228 per cent below a
hve-year average. Pork products are
14.8 per cent and frozen beef more
than so per cent below this FIVE
year base. Butter stocks are SO per
cent below the five-year average and
eggs on hand are less than half the
amount in cold storage a year ago.
Farm Income.
"The relative importance of wheat
and meat and dairy products as factors
In farm income may be judged from
the average value Of these crops dur
ing the three-year period 193O-1932.
For every 500 which a farmer received
for wheat he collected $8430 for pork,
$66.08 for beef and $105.20 for butter.
The wholesale food price index, COM
piled by Bradstreet's Weekly, for the
past week afforded no prophetic recog-
milton of these facts. It declined from
s1.65 to s1.56 breaking through the
previous low point of $l.61 reached
during the Summer, with greatest weak
ness in butter and eggs.
Evening star., 1933-01-21
Lead Stocks Increase.

NEW YORK. January 81 R.-Stocks
OF lead in the United States at the end
of December were 175,661 short tons,
compared with 174,629 at the end of
1881, the American Bureau Of Metal
Statistics reports. December produc-
ton was 24,803 tons, against 27,33s in
November and 37,607 in December,
1921
Evening star., 1933-01-21
RETURN ON BALANCES
LOWEST IN HISTORY
Cut in Interest Rates by Clearing
House Affects Total of
$6,760,00o, 900.
BY the Associated Press.

BY the Associated Press.
NEW YORK, January 21.-Halving
of interest rates by clearing house
banks will bring the return on bal
ances with those institutions to the
lowest level in history. The action af-
fects a total of $e.7so,ooo,oo0 deposits
of which about 1914, 600, 900 was in the
form of time deposits. What part Of
the latter will remain in the category
of time deposits is open to question,
however, in view of the action of the
hanks in making deposits up to 80 days
come under the classification Of demand
deposits on which trc new rate will be
one-quarter Of I per cent.
Evening star., 1933-01-21
U. S. BUSINESS ACTIVITY
so PER CENT OF NORMAL
BY the Associated Press

BY the Associated Press.
NEW YORK, January 21.-The
Analist says American business activity,
as measured by that publications. index,
entered 1888 at about 40 per cent be-
low estimated normal, but about IS per
cent above the low point Of the de-
preston. reached in July.
The index fluctuated in a range Of
less than q point in the last four
months Of the year. The preliminary
figure for December Is sos against So Z
for November. Declines in cotton con-
sumption. electric power output, and
iron and steel production last month
were largely Offset by gains in car
loadings and automobile manufacture.
Evening star., 1933-01-21
CHICAGO STOCK MARKET

CHICAGO, January 81 (R.-Follow-
ing is the complete official list of trans
actions in stocks on the Chicago Stock
EvchorUa fodav.
Evening star., 1933-01-21

After being closed for eight months
service on the Trans-Andesn Railway
has been resumed, trains operating be-
tween Mendoza, Argentina, and Los
Andes, Chile once q week. s's7
Evening star., 1933-01-21

The important warm Japan current,
Of kuro siwo, Is the Pacific equivalent
Of the gulf stream In the Atlantic.
Evening star., 1933-01-21

Dividend rates In dollars based on last
dividend. tPartly extra. 3Plus 4T, In stock.
Payable in cash or stock. PAYABLE in
stock Adjustment dividend. I Plus 5&
IN stock. Plus So in stock. Plus IL
in stocE. JPlus az in stock. Plus l0%
In stock. n Plus 81 In stock. Plus 81
IN STOCK. Paid last year-no regular rate.
Evening star., 1933-01-21

Thomas J. Fisher & Company, Inc.
Evening star., 1933-01-21

81, 900 Chic RVS 5s ~ B = =,
Bond sales today, -. 900.
Evening star., 1933-01-21
First Mortgage Loans

Lowest Rates Of Interest and Commission
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-25
TO A

DACK of the difficulties which lie in the
~ road of the disarmament conferees at
Geneva is the simple fact that the ordinary
citizen of the world doesn't know what he
really wants.
Between mankind and the achievement Of
a fair degree of disarmament there are only
intangible obstacles; such things as suspicion,
prejudice, and misunderstanding. And all
these, if you examine them, track back to our
inability to fix on a common goal.
On the surface, no such inability exists.
Ask any man, in any land, what he wants his
government to give him and he will reply
that he wants prosperity, order, security, a
chance to get and hold a decent job, make a
decent living and bring up his children in
conditions that will insure the same things
for them when they are grown.
Simple, isn't it? But it isn't hard to dem
onstrate that we don't really want those things
at all; or, if we do, we take some extremely
peculiar ways Of going after what we want
1t is perfectly clear by this time, for in
stance, that no nation truly can win" a pro-
longed war under modern conditions. The
loser is doomed to certain revolution, chaos,
and long drawn-out misery; the victor has
more than a fair chance of getting all those
things, and even if he misses them he is
bound to get unemployment, recurring tides
of d~eflation and initiation, economic distress
and political disturbance.
You hardly can find a man who will not
admit the truth of that statement. And if
that statement is true, it follows inescapably
that war is the surest of all ways for the
ordinary man to lose all those things that he
most desires.
Yet we refuse to take the definite steps
which will remove the danger of war. We
admit that these things may be true, but
we insist that we must have large armies
and navies, so that if war does come we can
be the ~victors.
Since all of us-AmericanS, British, French,
Germans, and Japanese-feel the same way,
we go whirling merrily along toward new wars
and the destruction of our fondest hopes.
If we really want the things that we say
we want, we shall make a complete success
of the disarmament conference. The trouble
is that we aren't as DESTROYS of those things
as we think we are.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-25
WILL ROGERS NEIGHBORS

nEMURRING to the Roosevelt disaTma-
- ment program, Will Rogers says:
Its just not possible for ME 5000 miles
away to tell you what caliber gun to have in
your house. You know your %neighbors better
thar I do
1t is a curious inconsistency that the cow
boy philosopher who hops from continent to
continent by airplane still should be thinking
in terms of the age of the stage coach and
the sailing vessel. 1t is strange that this man
whose written words appear simultaneously in
a thousand newspapers and whose words
spoken at one end of the continent are heard
by radio at the other, has not discovered that
in his modern day 5000 miles is no dis
tance at all.
That discovery was made in 1917 and 1913
by several million Americans who traversed
that distance in darkened ships.
No, Will, those neighbors you speak OF are
more than neighbors. We are all living N
one house. 1t certainly is our business if
they are going heavily armed and likely to
shoot UP the place at any time.
President Roosevelt is doing the sensible
thing in acting TO prevent the outbreak OF
wholesale murder.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-25

from their property. In TIME they married.
Elmer studied law, Jim stayed on the farm.
On Armistice day, 1920, a mob Of legion
naires swooped down on I. w. w. hall in Cen
tralia, and vhen the workers fired in seh-
defense. killing an ex-soldier, Jim was. ar
rested as a murder conspiratOr, and Elmer,
a lawyer, offered to defend the lunberman.
Jim was released. but Elmer was put on
trial for having told the workers they acted
within their legal rights in defending their
hall. Elmer was acquitted.
Instead Of going back to their jobs, the
Smith brothers went to work to free the eight
men serving twenty-five to forty years for
the shooting. Last year Elmer died from the
effects of overwork. On May II, Jim died.
Both were in their early %forties; both left
families.
Echoes Of that one act Of mob violence
thirteen years ago still sound through the
northwest. One of the RADICAL woodmen died
in prison, another was paroled to join his dy-
ing wife, three have been released on parole.
But three still are in prison at Walla Walla.
Elmer and Jim Smith are dead.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-25
MONEYS TRIAL.

ONCE more the innocence of Tom Mooney
- has been dramatized in San Francisco.
The victim of San Francisco's pre-war hys-
terra and class hate left the cell he has called
his home for seventeen years to face a jury on
the last of ten murder indictments pending
against him. He sought the trial himself, and
q just superior judge considered it his due.
When the jury box was filled with his peers,
the prosecutor refused to enter a word of evi-
dence. Why? Because there was no murder
evidence worthy the name.
District Attorney Brady knows that Mooney
was convicted in 1916 on the word of proved
or confessed perjurers. Brady was and is an
advocate of pardon for Mooney and his fellow
victim, Billings.
He refused to submit evidence in a cause
that has no foundation in guilt, and the Judge
directed a verdict Of not guilty.
What more does CALIFORNIA; Governor
Rolph need by way of proof that the state is
making a CHASTITY jest of justice?
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-25
MIR. MORGAN

NTR. MORGAN is a rare person, Not be-
4VA cause he is so rich-others are richer.
Not because he is so wise-others had sense
enough to lose less than he in the crash. Not
because he is so powerful-his system is crum-
bling.
But because he is so sure that ali is right
with the private bankers. Perhaps he is the
only living person who still believes completely
in the perfection of the system which nearly
has so destroyed our nation.
There was a certain magnifcence in Mr..
Morgan as he was questioned by the senate
investigators Wednesday. Great faith always
is moving to behold. And here was a man
who might have stepped out of medieval times,
so untouched was he by modern thought, so re-
mote from the suffering of victims of Wall
street domination, so assured of the divine
right of the money lender.
But we found Mr.. Morgan rather more
pathetic than magnificent. To be blind to the
havoc wrought by security pawnbrokers like
himself, to be deaf to the cries of President
Roosevelt and 100000 900 Americans for a new
deal in the financial game, to be dumb and
uIldDle 10 voice WIN OIHerS the nope OF re-
form, is a tragic state for any individual.
Mr.. Morgan does not think private bankers
who handle other peoples money, who WELD
power with other peoples money, who specu-
-late with other peoples money, who lose other
peoples money, should be regulated by the peo-
pies government.
He thinks the House of Morgan should be
allowed to go on ruling a great spider-web of
commercial banks and corporations through
interlocking directorates without government
regulation.
We fear Mr.. Morgan Will be shocked when
he discovers that the old days of uncontrolled
finance in this country are about over. If there
is one thing this country has learned in the de-
preston, it is that no man is wise enough or
good enough to play with other peoples money
for personal profit without being watched.
Maybe financiers like Mr.. Morgan can not
be reg dated by the government effectively;
Maybe they have been a law unto themselves
too long. That remains to be seen.
But either the government will regulate the
money trust o. take It over. Indeed, Mr.. Nor
gan unwittingly may go down in history as
the public benefactor who forced the govern
ment in self-defense to nationalize banking.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-25
s.: A Woman's Viewpoint : :

famous fears and a well developed
inferiority complex.
The rules set up by the late n
lamented moderns abolished prac-
tically every conceivable compen-
sation in raising a family.
Righ now there is a sort of re-
vival of maternity in the land.
Motherhood once again is regarded
IS a serious, if not the perfect, pro-
fession. Feminism is dead and the
depression has exposed all the
emptiness of social life.
Cocktails are going out-cradles
are coming in. And once We reach
that state Of mental maturity,
which we may name the return to
common sense, we shall realize that
babies are a necessity for living and
not a social service philanthropy.
Then we shall take up the bygone
habits that used to make them such
satisfactory things to have around.
Coddling, rocking, kissing are the
A, B, Cs in the long alphabet of
motherhood. To rock your baby
while the dusk comes down-there's
pure happiness. within the reach
Of every woman who can afford a
rocking chair and a baby and cour-
are enough TO laugh at the pSychol-
ogiSts.