davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1933-02-15
WEAK j. 8. LIST
. UNSETTL|NG
To BONDS
BY MONROE ROBERTS

Dy "OENnOE hODLh .
NEW YORK, Feb. is Q.N.S0. .
The bond market continued un-
settled through the fore part of
the trading today, with renewal
of weakness in U. S. Governments
offsetting the steadiness appar-
ent in other sections of the list.
Sharp U. S. Lien Losses
Losses in the Federal group
ranged up to 6-32 of a point.
Among the hard-preSsed issues
were the Treasury 334S, which
was off 6-32 at 104; Treasury As,
off 6-32 at 106; Treasury 4As, off
6-32 at 109.22. and Treasury IS,
off 5-32 at 97.12.
The rail division made little re-
Sponse to the publication of the
long-awaited national transporta-
tion committee report, and
changes were unimportant. Minor
gains were recorded by the Mis-
souri, Pacific SIS, G, Fries 5S Of
'67; New York Central 4l2s new:
ROCK Island convertible 472S, and
Baltimore and Ohio 5S.
Japanese Issues Slip
Foreign government issues were
mixed, with the closing of the
Tokyo stock exchange bringing
selling into the japanese bonds.
Tokyo IS of '53 dipped 1l2
points to 38, and Japanese 61aS
lost y point at Sc. German 51aS
also ruled heavy. showing a loss
OF a point at 5612.
The Washington times., 1933-02-15
FINANCIALISMS
ELUCIDATED

ReOrganiZatiOn-The legal
lied hOcus pOcuS by which
the builders of a sufficiently
prosperous business are eaSed
out and control is turned
over to skilled financiers who
strip off the fat and ease
themselves out, leaving the
skeleton to the original
owners or to untender
mercieS of q receivership.
Write. Offs - The devalua-
ton of stocks, plant, land,
equipment and inventories
now argentIy recommended
to business and industrial
management by the bankers,
who vOciferOusly denOunce
and effectively oppose all pro-
pOsalS that the same prin.
ciple be applied in scaling
down debts.
The Washington times., 1933-02-15
ISSUES Of n. !.
BANKS LOWER

New York city bank stocks
we're again slightly lower during
the past week, the decrease IN
the aggregate value amounting TO
S25 5.644 900, or IA per cent.
The aggregate value OF the 10
leading issues, according to Holt,
Rose & Troster, was $1,745,867,- ;
600 at the close Of the week,
which compares with $1,772,5ll,-
900 at the close of the previous
week, and 1929, ,895 900 on May 81,
1892, the low point of the depres-
sion.
The average yield Of the 16
stocks is SITS per cent. compared
with $50 per cent reported on
February 3. The current market
value Of the Is issues is l.13
times their known book value
against 1.15 on February 3.
Based upon current figures
New York bank stocks are now
selling at 1913 times their known
earnings, compared with 1870
times as of February 3.
The Washington times., 1933-02-15
WHEAT RECORDS
BRISK UPTURN

CHICAGO, Feb. IS GN.S)-
Wheat prices advanced briskly in
early dealings today on the
Board of Trade. The previous
days losses we're more than re-
covered.
Active buying disclosed a short
age of offerings in the pit and
prices worked steadily higher.
Other grains followed.
Near mid-session wheat prices
were at best levels with net gains
Of 112c in all contracts. Corn
and oats were "a to 14c up, rye
Is to 1c higher.
Improvement in financial set
tlement overnight was reflected
in the advancing grain prices.
The Washington times., 1933-02-15
VALUES
GAIN IN WEEK

The market value of so repre-
sentatives stocks listed on the
New York Stock Exchange at
the close of business February II
was $S,498,571,97S, an increase
of $342,874,774, or 4.20 per cent,
as compared with $8,155, ,697 ,204
at the close of the preceding
week, according to Paul H. Davis
& Co.
Thirty representative stocks
listed on the Chicago Stock Ex-
change had a market value at
the close of business February
IL of $4O7 $4,000, an increase
of $13,192.5OO, or 3.35 per cent,
as compared with $394,119,500
at the close of the preceding
week, according to the same au-
thority.
The Washington times., 1933-02-15
CURB STIFFENS
AS PRESSURE
L|GHTENS
BY THEODORE KosLow

NEW YORK, Feb. is GN.S).
The curb market appeared to
have regained it's equilibrium to-
day with a cessation of heavy
selling pressure after the opening,
enabling the majority Of active
issues to hold their ground not
far from previous closing levels.
Turnover Lessons
Turnover contracted sharply as
compared with that Of yesterday,
but there were a few Sizeable
blocks changing hands at the
opening. This presumably re-
flected the final hopping up pro
cess for the time being at least,
for the list firmed ,perceptibly
after the initial dealings, with
advances predominant in the spec
ulative leaders.
The utilities showed up best.
American Gas and Electric, Amer
ican Light and Traction, Electric
Bond and Share, and Common
wealth Edison were among the
issues to top previous closings
by a fractional margin.
Cities Service Loss
The Cities Service issues were
noticeable laggards, both the
common and debentures losing
fractionally. Specialties put on
a mixed performance.
Lake Shore Mines headed the
gold mining group with gain
of 11s points to 33. Oils were
quiet. Investment trusts held
narrowly.
Utility obligations were in sup
ply with new 1888 lows estab-
lished in American Power and
Light IS and Electric Power and
Light IS.
The Washington times., 1933-02-15
Spot Cotton Quiet
In LIVERPOOL Mart

LIVERPOOL, Feb. IS G.NSO.
Spot cotton was quiet and easier
at the opening today. Receipts
totaled 5000 bales, including
$500 American bales.
At midday middling fair was
quoted at 6.04d; strictly good mid
ding. 5.59d; good middling 529d;
strictly middling, 4.99d; middling,
4.89d; strictly low middling,
Aid; low middling, 4.59d;
strictly good ordinary, 4.39d, and
good ordinary, 4.09d.
Futures opened quiet and
steady with March at 4.67d;
May, 4.70d; July, 4.72d, and
October, 4.76d.
The Washington times., 1933-02-15
Porto Ricdn Sugar
ReceiI,er Is Named

On petition of the National
City Bank of New York, the
United Porto Rican Sugar Com
pany has been placed in receiver
ship by Federal District Judge
Wells in San Juan, Puerto Rico.
The company owes National City
S4,400,00O.
Harry A. Nader, recently elected
president of the company, was
named temporary receiver. James
Bruce, president of the Baltimore
Trust Company, is chairman.
The Washington times., 1933-02-15

II you have a room, house, apartment
or automobile to sell or rent ad-
vertise it. Use the WANT AID SEC
TION of this newspaper to reach our
great reader audience. Phone District
$3.50; Ask for ad-taker.
The Washington times., 1933-02-15
Business Opportunities

CAFETERIA. living quarters. extra good
grocery; no competition: near living
quarters Delcatessen and grocery, $3.50.
Mr.. Rogers, 1410 n. w. DIS 1919
CAFETERIA. doing $50. daily. rent $50:
fine location; closed Sundays.
Confectionery and nut shop soda foun.
tain; we'll established. doing good business.
Soda. fountain and delicatessen. apart.
ment above; income from building leaves
store rent free: easy terms.
APPLY 1919 NJ ST. N. W.
LUNCH ROoM-Living quarters: WlsconNn
Ave. Owner too old to operate. Est. 20
yrs. See Mr.. Rogers, 1410 NV. DI. 1919.
LUNCH ROOM, downtown, near large the
ater. Owner retiring. Sacrifice 81 900.
P. F. CARLEY, 802 10th st. N. w.
LOCAL MANAGER WANTED-Nationa
Firm rated $500 900. Dun & Bradstreet'S,
wants man of average ability to look after
business in Washington. This should pay
500 per week and up. Cash investment
required. which Is fully protected. No SELL
ing. Information by personal interview only.
Write Box C-102. Times-Herald.
ROOMING house for sale. rms, all filled.
rent cheap downtown. S27 5th St. NV.
16-ROOM rooming house, best located place
in Washington. Real bargain. Act.
P. F.. CARLEY, 802 10th st. N. W.
The Washington times., 1933-02-15
Automobile Service
Autographed Lette

BUICK AUTHORIZED day and night ser
vice: major ami minor repairs. all makes
EMERSON & ORME. 18th and N N, W
The Washington times., 1933-02-15

letters of Presidents and
Statesmen stamp collections. old coins
bought and sold. HOBBY SHOP. TIC
18th St. N. w Dist. 1879.
The Washington times., 1933-02-15
Beauty Culture S,

LEARN Beauty Culture: Stewards School. SIS
starts YOU: short course. 921 T NE. 9795
The Washington times., 1933-02-15
Ambuiances

WHY worry about repairs for your hom'
from Weaver Bros. Wash. Bldg? DIS. 94S(
The Washington times., 1933-02-15

CHICKEN LOAF. delivered any sec C1
tion of Washington for. r........ 91
wHA1ToN'S CHICKEN LOAF
2213 14th 81. n. ", NO. 6o17.
The Washington times., 1933-02-15
Piano Tuning

PIANO tuning, 81 90 up: free voicing: Fs-
pairs low; expert work. Earl z. vii.
kins, Boz 46. Capitol Heights. Nd.
The Washington times., 1933-02-15
Chair Caneing

Chair Caneing snii5te6: feGcn upSoIster. pSeksTs
ing: Armstrong. 1885 10th NV. MET. 2O62
The Washington times., 1933-02-15
N. Y. Exchange Bonds
states

Liberty 3Ias I7.....l
Liberty LIST 4s ~. =
Liberty 4th 4hs '3S.
Treasury AS ST..
Treasury As '54.....l
Treasury 3S4 s So.
Treasury ASS I7...i
Treasury 37ss reg .,.I
Treas 3as s Jun al
Treas Shs Mar 43. :.
Treasury AVS 3D.
Treasury IS '55..... Il
Milford chronicle., 1933-07-21
FIND BODY OF MAN In
WRECKED AUTOMOBILE
Howard Adkins, OF DagsbOrO, Killed
in Crash Near Clarksville

The body of Howard Adkins, %
years old, was found in his battered
coupe in a cornfield on the Days
-Clarksville highway by Joshua
Townsend, of near Dagsboro, as he
was driving along the road Sunday
morning at 10 o'clock.
The finding of the body followed
Townsend's observance of dam
aged abutment a short distance fur
ther on the highway and it is be-
lieved that while Adkins was on his
way home late Saturday night or
early Sunday morning, he lost con-
troll of his car and it struck the
abutment and he ran into the field.
Coroner Pusey held an inquest
Sunday afternoon and verdict was
given that death was caused by
possible internal injury caused by
the impact of the car with the abut-
ment.
Adkins was the son of Rufus l.
Adkins, of Dagsboro, and was seen
in Clarksville Saturday night, where
it was said he had been visiting a
friend. 1t is believed that he start
ed home at a late hour and dozed at
the wheel of his car.
Milford chronicle., 1933-07-21
FOUR SERIOUSLY HURT
In AUTO, TRUCK CRASH
Serious Accident Near WOOdSide
Early Tuesday Morning

Two women and a man are in a
serious condition in the Kent Cen
eral Hospital at Dover as a result
of a collision early Tuesday morn
ing between the automobile in which
they were riding and a truck near
Woodside. The most seriously in
jured is Mrs. Sewell McIlvaine, who
suffered a fracture of the skull and
a fracture of the leg. She was still
unconscious late Tuesday. Her
daughter, Miss Pauline McIlvaine,
had her teeth knocked out, and
Quinton Tryell also suffered injuries,
the extent of which has not yet been
determined All are from Green
wood.
John C. Uber. driver of the truck.
which is owned by H. A. Thornton,
of Parksley, Va, had several stitch
es taken in a cut in his head but
was not detained at the hospital. He
was held under $4,000 bail by Magis
trate Burton to await the outcome
of the injuries of the other victims.
Uber told the magistrate he must
have been asleep at the time.
Milford chronicle., 1933-07-21
SUSSEX WOMEN PLAN
DEMONSTRATION
Present Time Is Proper For Plant
ing Autumn Gardens

The Home Demonstration Advis-
ory Council and Home Demonstra-
tion Agent of Sussex County plan
ned at the beginning of the year to
exert special effort toward interest
ing people at large in the matter of
aiding the financial food budget of
1888 by growing more varieties and
larger quantities of vegetables in
the home garden for home consump-
tion.
Sixty Home Demonstration club
women agreed to make a special
of gardening for
spring, summer and fall to show the
relative financial value of a well
planned home garden as well as the
greater satisfaction derived from
having fresh vegetables at hand.
Reports have been coming in week
ly to the Home Demonstration Agent
from these garden demonstrators,
giving the variety and quantity
grown and used. Figures will show
at the end of the season just what
these gardens have meant in dollars
and cents, but the greatest satisfac-
tion after all, will be realized from
the pantry displays by these women
of home canned products. for win
ter use.
Turn TO Page 5. Please1
Milford chronicle., 1933-07-21
D. M. CARR SPOKE AT T..
ROTARY ON MONDAY
Swimming And Life Saving Cam
paign To Be Held Here July 31st

At the regular weekly meeting OF
the Milford Rotary Club, held on
Monday at the New Windsor Hotel.
d. Melville Carr, field representa-
tive of the American National Red
Cross, gave a very interesting talk
on life saving. He stated that with
fifteen hours of instruction the aver
age person could learn enough life
saving to meet any emergency. Lille
saving, Mr.. Carr said, is the most un-
selfish sport. Those who undertake
to learn the art of life saving do so
with the sole purpose Of being pre-
pared to meet any emergency and
probably save one or more lives.
Mr.. Carr is a regional director OF
the life saving instruction work
which is carried on each summer
by the American National Red
Cross. This year the swimming and
life saving campaign will start at
Milford and Slaughter Beach on
Monday, July 31st. The hours have
not as yet been set because the
tides at Slaughter Beach for that
week are not known. If high tide
at Slaughter Beach is in the morn
ing the instruction will be given
there in the morning and in Milford
at Haven Lake in the afternoon and
vice versa if high tide at Slaughter
Beach is in the afternoon.
This year, as in past years, the
is being sponsored by the
local chapter of the American Red
TContinued from First Page1
Milford chronicle., 1933-07-21
WET POLICIES HIT
BY BISHOP CANNON
Flags POstmaster-GeneraI For Ques-
tiOning Loyalty OF Dry Democrats

Bishop James Cannon, Jr., said in
a statement last week that eff the
present political parties of the ma
ton actually come under the domi-
nation of those elements which stand
for the general liberalization of the
moral legislation of state and ma
tion then the moral forces of the
country must inevitably come to-
gether to consider seriously the for
nation of new party"
The Southern Methodist Church
man and Prohibition Advocate re-
ferred to Postmaster General Far
ley as another Roman Catholic
Knight of Columbus" who "has
knowingly and wilfully branded as
disloyal to the Democratic party and
to the administration all Southern
Methodists, Baptists and others who
oppose repeal of the Eighteenth
Amendment as moral and not
partisan political ISSUE"
Citing action of the Methodist
Church and the Southern Baptist
Convention in opposing prohibition
Bishop Cannon added that
Notwithstanding the well-known
attitude of these great Protestant
Turn TO Page 5, PleaSe
Milford chronicle., 1933-07-21
BIDS ARE OPENED,
FOR ROAD WORK
Estimates For Z Projects Received
BY Highway Department

Bids for seven road projects in
New Castle, Kent and Sussex coun-
ties, aggregating approximately
$122,695. were opened at Dover on
Wednesday by the State Highway
Commission. No contracts were
awarded pending a tabulation of the
bids submitted. Bids were also open
ed for the contract of supplying
seed and fertilizer. The bids for the
highway work call for the construc-
tion of approximately 80 miles of
traffic bound Stag" and macadam
roads.
Bids for the 5.714 miles between
Todd's Church and Prospect Church,
Kent county, included Wilson Con-
tracing Company, Wilmington, $22,
2S4.5O; George and Lynch, Dover.
$21,207; Field, Barker and Under
wood, Upper Darby, Pa, 1921, ,207.
Three other bids. submitted by w.
w. Truitt, Lincoln City; d. E. Nc
Connel and Son, Wilmington, and
Fox Reynolds Company, Inc, of New
York. were thrown out for failure
to complete bids on certain items.
Coverdale Cross Roads to Smith
School, 3,713 miles, 16 foot traffic
bound Stag: j. McDermott, George
Turn to Page s, PieaSel
Milford chronicle., 1933-07-21
GOVERNOR NAMES
RACE TRACK BOARD
r. r.. NJ. Carpenter, J. W. McCOmb,
Paul Adams To Govern Sport

Announcement was made on Tues
day by Governor C. Douglass Buck
of the appointment of r. R. M. Car
penter, of Montchanin; John w. Nc
Comb, Westover Hills, and Paul
Adams, Bridgeville, as the Delaware
Racing Commission.
The Governor named Mr.. Carpen-
ter chairman. since the act passed
by the last General Assembly pro-
vides that the chief executive shall
designate one appointee to head the
commission.
The act, introduced by Senator
Carl Ray VanSant, of Elmhurst, pro-
vides for the regulation, control and
licensing of horse racing in the
State.
Each member of the commission
is required to furnish 100000 bond.
The salary is 81 a year, although
each member of the commission is
entitled to his reasonable expenses
for attending meetings of the body.
The salaries of clerks and other
employees and the rental OF offices
and other expenses of the commits
sion are limited to $4,000 a year.
The commission is empowered to
award racing dates in this State. A
license is required to hold horse rae
ing for a purse. Races will be sub
TTnrr TO PAGE s. Please
Milford chronicle., 1933-07-21
LINKED WITH 6 STATES
In RECOVERY ACT
Tennessee, Virginia, West virginia,
Maryland, North Carolina, Kentucky

Delaware will be assigned to an
administrative district for the Fed
eral public works program under
the Industrial Recovery Act, with
six other states. Delaware will be
included in the district to consist
also of Tennessee, Virginia, West
Virginia, Maryland, North Carolina
and Kentucky.
Although this decision of the
Cabinet Board in Washington, ap-
parently squashes the hope of Della
ware for inclusion in a separate ad-
ministrative group with the coun-
ties of Maryland and Virginia on
the Delmarva Peninsula, as hoped
for here, it does prevent the inclu-
sion of Delaware in the same ad-
ministrative group with Pennsyl-
vania, which it was considered,
would be unfavorable to the inter-
ests of this State.
Gerrish GaSsaway, manager OF the
Wilmington Chamber of Commerce,
who has been recommended to Sec
retary of Interior Ickes for the posi-
tion of administrator for the pro-
posed Delmarva Peninsula admins
trative group, said that he had re-
ceived no word as to the new group
ing of Delaware with the six other
states.
TTurn TO Paae s, PledSe1
Milford chronicle., 1933-07-21
AUTOS MUST BE
NSPECTSs9W
Fifth Annual Ca = .S$1
Starts With StriC ~
fOrcement.

The fifth Delaware automobile in
spection campaign started last Fri
day and will close on August 81.
The school of instruction for the in
spectors who will have charge of
the campaign was completed at the
State Highway Department garage
at Dover Friday,
Cars will be inspected at 35 places.
Two of them are in Wilmington, IL
in rural New Castle county; in
Kent county, and IL in Sussex
county. The inspection will be con-
Quoted in Wilmington from IL noon,
until in the evening each day and
in the rural sections from a. m.
to II a. m. and from p. m. to Z
p. m.
Owners of automobiles or trucks
who fail to have their vehicles in
spected will lose their registration
tags in accordance with the State
law.
There will be no charge for the in
spection and no repairs will be made
at the inspection site to cars need
ing it. Repairs will be made at
whatever garage or service station
the owner of a car or truck is ac-
customed to having repairs made.
After the inspection, if the car pass
es the test, card indicating that
fact will be issued. Notices of the
inspection dates and the places
where inspections will be made have
been mailed to every car owner. If
you have not received yours, you
should get in touch with the auto
mobile department at Dover.
Registration Tags-Must be prop
erly fastened and plainly legible;
Operators License-Must be held by
the car operator; Lights-Properly
focused, tilted properly as to height
of beam, aimed for squareness, stop
lights working; Horn-Must render
clear, audible signal; Windshield
Wiper-In operating condition and
equipped with proper blades; Steer
ing Gear-Safe as to wearing parts
and tightness; Foot brakes-We1
equalized to give safe, quick stop;
Emergency Brakes-Able to stop the
car in so feet when running at 20
miles per hour or to hold the car in
Turn to Page 2, Plea5e]
Milford chronicle., 1933-07-21
100000 FEDERAL
MONEY FOR STATE
TOBE READYSOON
Expect To Start Work
Early On Projects To
Be Aided By Act.
FIX WORKING HOURS
DeIawarean To Be Named
Director OF State Re-
employment Dept.

Two millions of dollars for work
in Delaware, the money coming
from the $i00000,000 appropriated
by the Federal government to help
unemployment through public work
projects, will be available within a
short time, and that the projects
will be put into operation within a
few weeks, was the encouraging in
formation which Walter Dent Smith,
relief director for Wilmington.
brought back from Washington late
last week, after attending a confer
ence at the nations capital of relief
organizations of many States.
The conference called by Harry l..
Hopkins, Federal Relief Admins
TRAITOR, was to tie together sections
of the Industrial Recovery Act, so
that the man out of work, but not
applying for relief, will be aided as
well as the man who is receiving di-
rect relief or work relief from the
State. In this activity the Federal
Relief Administrator is working in
cooperation with w. Frank Persons,
of the U. S. Employment Service.
The work in Delaware will be
projects to be selected by the pub
lie works director. when that Off
cial is named, which, also is expect
ed within a few days. All of the
plans outlined, it is stated, are ex-
pected to be functiOning, within a
very few weeks. and the two millions
to Delaware will be in ac-
ton, it is hoped long before the sum
mer is over.
The Industrial Recovery Act. 1t is
stated, is not just for temporary en-
but to help stabilize trade
and bring about definite and contin-
ued improvement.
Within a few days, it is stated, the
will organize in Della
ware andfin other states, a State
Unemployment Department. for
which a Delaware man will be nam
ed as director. All this will be
financed by Federal funds. this lat
est move being a part of the Wag-
ner bill. setting up U. S. re-em-
ployment service, in which the states
by communities, will cooperate. 1t
Is hoped to eventually make this
self-supporting through State CO.
operation.
The Unemployment Service as
now planned will comprise coun-
ell embracing a State director of
public works; State relief director;
and State unemployment director.
At the Washington conference.
Thomas Mcdonald of the U. S. Bu-
'eau of Public Roads, announced the
sum assigned to Delaware. This two
is to be divided between so
per cent for main roads; rs per
Turn TO Page 7, Please
Milford chronicle., 1933-07-21
SHORE POTATOES
BRING GOOD PRICES
Notwithstanding Drop In Price Late
Last Week Prices Still Good


The Eastern Shore potato market
advanced to a high of $4.75-5.OO on
Tuesday and Wednesday of last
week, but weakened to a range OF
$4.1O-$4.35 by Saturday night. The
shipping point price on Monday was
mostly $4.25-4.35 with most loaded
cars reported sold.
Shipments from the Eastern Shore
dropped to 1868 cars last week. OF
this number, S76 came from Virginia
and 492 from Maryland. Kansas
shipped 592, Missouri 532, Kentucky
SO, and New Jersey rs. Delaware
moved 13 cars. Total shipments for
the country amounted to 346O cars
or about 1850 less than were ship
ped during the corresponding week
last season.
Prices for Eastern Shore stock in
the terminal markets held about
steady in Boston, Pittsburgh, and
Chicago early Monday, but the New
York and Philadelphia markets re-
ported a weaker tone. Barrels of
Eastern Shore stock sold $3.50 in
Philadelphia, $4.50-4.75 in New York.
S5.OO-5.25 in Pittsburgh, $5.10-5.25
in Chicago, and $5.00-5.25 in Boston.
Track holdings in Chicago mounted
to AIS cars or the heaviest for sew
Turn to Page 5, Please1