davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1933-09-30

ports of American cotton have
been good because the price OF
cotton in terms of gold is lower
than it was last year.
In other words, foreign buy
ers are said to be able to get our
cotton cheaper than before the
price was raised! How can this
be?
A year ago the New York spot
price of cotton was IA cents. 1t
is now about 10 cents. That is
a raise of 35 per cent-of course,
in terms of paper.
But meanwhile, the dollar has
gone off a gold basis and has
fallen in value. The dollar was
worth about Is gold francs year
ago. Now it is only worth about
1853 francs.
Stated another way, it used to
take only $20.67 to buy an ounce
of gold. Now it takes nearly $S2
70 Uuy oil Ou44CC'
Dollar Worth Less
OF course this means that each
dollar the farmer now gets for
his cotton is not worth as much
as it used to be in terms Of gold
It is worth less in foreign ex'
change.
More than that, it means that
cotton prices have not gone up
as much as many other prices.
The second item is the an
nouncement by the Federation OF
Labor that $4,000 men were
given work in August by the
NRA.
A few days ago the Federal Re-
serve Board reported that in Au
gust the industrial production Of
the country decreased, Il allin
about per cent from July. AL
lowing for the fact that August
production normally rises, this Il
equivalent to about 9 per cent
decline in output.
How can this be? Does it take
more men to produce less goods:
OF course, it must mean an in
crease in the labor cost per unit
of product, for wage rates were
not reduced. This, in turn, sug
gests lower profits.
OF course, the question is, How
far can we go in this direction?
Roosevelt May Act
The third item is that the Pres
ident may have to act in the
Alabama coal situation. There
the NRA is having trouble in
forcing an agreement as to wage
scales. The code gives the Presi
The Washington times., 1933-09-30
RAIL RELAXING
SHOWS GAIN

NEW YORK, Sept. 20 G.N,So.
Southern Pacific today Joined the
growing list of railroads to back
the Governments rail buying
drive with the announcement that
the road would purchase a mini
mum Of $4,000 tons Of steel rails
for relaying during 1884.
Hale Holden, chairman, added
that Southern Pacific was taking
delivery of 1000 tons of rails, the
rest of the last order placed by
the company.
Orders Over 10000 Tons
Southern Pacific's action brings
pending rail orders to more than
10000 tons, provided the steel
companies meet the AdminiStra-
tion's demand for cut in prices
from the present $40 ton charge.
Other roads have promised to fall
in line and Rail Coord1nator 10
seph B. Eastman estimated orders
would total around 100000 tons.
The Governments proposed rail
equipment buying program also
received a stimulus today when
Delaware, Lackawanna g. West
ern announced that it had in
creased its recent order for nine
locomotives to IL.
J. M. Davis, president, in re-
vealing the increase stated that
American Locomotive would build
eight and Ingersoll Rand the bal
ance
The Washington times., 1933-09-30
Use Tax Notes
In Loans, Says
Mayor

NEWARK, N. j., Sept. 80.
Mayor Meyer C. Ellenstein an.
nounced today that he would
submit to the United States
Conference of Mayors a plan
for financing municipalities in
their current difficulties.
He said the Government had
on deposit in banks throughout
the country $1,800,000, 900.
Under present rules of the Fed
eral Reserve System, he said,
banks holding these deposits are
required to give as collateral
Liberty bonds, bonds of inSular
possessions, and mum C ipa /
bonds. If these rules were
changed so as to include as &C.
ceptable collateral the tax.
anticipation notes of munich
palities, he said, a city would OBJ
tain speedy relief from its pres
ent difficulties in borrowing.
The Washington times., 1933-09-30
OILS, UTILITIES,
GOLD SHARES
HOLD FIRM
BY THEODORE KOsLow

BY THEODORE KOSLOW
NEW YORK, Sept. 80 U.N.S0.
The Curb market fluctuated er-
fatically over q wide price area
today, with firmness in oils, utili-
ties and gold shares offsetting
weakness in SpecialtieS and alco-
hol shares.
Gulf was q strong spot in the
oils, although it was unable to
hold its early gain Of 3 points.
Humble rose q point to 82A,
while Creole Petroleum and
Standard Of Indiana edged up
tractionally.
Bond Share Taken
:, Electric Bond and Share was
>perSistently taken among the
utilities, although it lost virtually
all of its early gain Of more than
a point and finished nominally
higher around the II level. Con-
Solidated Gas of Baltimore gained
. point to So, while American Gas
and Electric, American Super
power, United Gas and United
Light and Power "A" were steady.
Lake Shore Mines showed up
most favorably in the gold group,
moving up 70 to 487s, but point
away from it's best price of the
year. Wright Hargreaves was
also active at slightly higher
levels.
General WeakenS
General Tire and Rubber was
q weak feature in the speciality
group, tumbling 824 points to
77A. Aluminium lost IA at 63A'
and Singer Manufacturing was
off 212 at 133l2. Newmont
Mining ruled moderately higher
most of the time.
Alcohol shares were generally
lower, although rallying tenden-
cies enabled such issues as Hiram
Walker, Distillers, Seagrams and
Canadian Industrial Alcohol A to
regain the bulk of their early de-
Clines.
Atlas Corporation and Penn
road were in supply amnog the
investment trusts. although losses
were unimportant.
American Power and Light IS
sold down about a point to 49 In
q quiet bond section.
The Washington times., 1933-09-30
SELLING WAVE
|. IN RAILS HITS
BOND TREND
BY MUNROE ROBERTS

NEW YORK, Sept. 80 G.N.S).
A wave of selling in the rail
group proved an unsettling factor
in tday's bond market trading,
with moderate declines prevalent
in the domestic corporation list
and foreign government loans.
United States Governments were
a shade easier throughout.
The downturn in the carriers
was an immediate aftermath Of
the dip in rail stocks on the big
board. Among the hard pressed
issues were the Allegheny SIS Of
80 which sold off a point to 301a,
Chesapeake Corporation 5s off u
at 9612, Rock Island 41as A off
/ at %, Canadian Pacific 4hs
Of '46 off / at 72, Baltimore &
Ohio refunding IS off l at 70,
Erie SIS of rs off "a at 1924,
New York Central IS off IA at
641a; Southern Pacific 412s Of
81 off ~ at 81. and Katy As Of
go off 7s at 77b.
Switzerland Softens
Switzerland 51as was soft
spot in the foreign list, showing
a loss of 11a points at 145, al
though it made up about a point
Of this decline. French Is held
around its peak price at 1884,,
while some profit taking came
into the German list. with the
51as down "a at 1875, and the
Is off 70 at 63A.
United States Governments were
slightly lower for the most part,
with the Treasury 31ss of 40,
Treasury 33ss of '43 and Treasury
4As among the issues to drop un-
der previous closings.
DOmesticS Laggard
There was not much activity in
the usually active domestic cor
poration issues, although an easier
tone was prevalent. American and
Foreign Power IS lost a point at
"a, and International Telephone
AIS of '39 sold off one-half point
to A.
Some selling appeared in the
high-grade corporation list, with
Consolidated Gas SIS off 20 at 80,
Consolidated Gas 412s off u at
SO, and Detroit Edison SIS A off
Il at SO.
New York fractions were irregu-
lar, with a gain of 1s in B. M. r.
IS to 90A, offset by loss of a
point in the Interboro refunding
5s to 6524, and a dip of u point
in the Interboro z per cent GER
tificates to 6612.
The Washington times., 1933-09-30
GRAINS LOWER
IN CHICAGO
TRADING

Grains were erratic in quiet
early dealings here, chiefly reflect
ing further uncertainty over
Washington monetary develop
ments.
Wheat and corn sagged from l
to 2 cents under scattered liquida-
ton, then rallied. Other grains
were uneven.
At mid-SesSion wheat was u to
1Ac up, corn. 1sc down to 1ac up;
oats, unchanged to 3sc down, and
rye, " to 34c up.
Early weakness at Winnipeg
where wheat dropped around &c
and the downward trend in stocks
influenced the early pressure here.
Liverpool wheat closed "a to Id
lower and Winnipeg was to 11sc
lower on latest quotes.
Estimated carlot receipts were:
Wheat, 43; corn, 1873; and oats, 80.
The Washington times., 1933-09-30
FATE WAS KIND

GREEN RIVER, wyo. G.N.s.)
A locomotive whistle shrieked, q
crossing bell Changed, there was a
tremendous crash and a freight
train came to a stop with the
Wreckage of an automobile cling.
ing to the cowcatcher. Trainmen
rushed frantically to the automo.
bile, where they found Alvin An.
son, 32-Sound asleep. Anson was
brought to hospital here and
treated for decorations on his face
and scalp, then jailed for driving
while intoxicated,
The Washington times., 1933-09-30
N. Y. Central to Add
1887 to It's PUurOLLS

Plans calling for a sharp In.
crease in the number of EN-.
ployes and working hours were
announced today by the New
York Central railroad. Subject
to maintenance of better business
conditions, the company plans to
provide for the employment Of
5000 men in October, an In.
crease of 1887 or II per cent
over September. E.
OF the total a large majority
would be provided work for 165
days while others would get work
for 1913 and "a days.
The Washington times., 1933-09-30
Steel Construction
To Hear LLeUeLLyn

Fred T. Llewellyn Of the United
States Steel Corporation will pre-
side at the "small-house con-
struction conference" to be held
in conjunction with the eleventh
annual convention Of the Amer
lean Institute of Steel Construc-
ton in Chicago, october 10 to 20.
Discussions are scheduled at
the convention on the expert
enSe Of building houses of steel
in European countries,
The Washington times., 1933-09-30
COTTON FUTURE
TRADE HOLDS
STRENGTH

NEW YORK, Sept. 80 U.N.S.),
The steady downward trend Of
cotton futures was halted today
in the final trading day Of the
week as speculative interests, look
ing for a turn in the market, be-
gan to make small purchases for
the expected recovery movement.
The list, however, held within
a narrow range, continued hedge
selling and Southern offerings
taxing the absorptive powers OF
the market. Demand came chiefly
from Wall Street and commission
houses, supplemented by Liverpool
purchases on a small scale. There
was a small amount of tired, long
liquidation through wire houses
Shorts covered for over the week
end.
Futures Open Lower
With Liverpool cables S to IL
points higher than due prices, fu-
lures here opened four points
lower to five higher, January suf-
fering the loss and other months
ruling higher. Trading was some
what active at first, but Quieted-
down as the morning wore on.
Weekly statistics of the New
York Cotton Exchange showed
American cotton was forwarded
to mills of the world is smaller
valume this week than in the
corresponding 1882 period, total:
ing $1,000 bales, against 1885,
900 last year. Total forwardings
during the season to date are
2,065,000 bales, against 1885,
900 in the corresponding 1882
period. :
$4,000 Bales
The movement Of American
cotton into sight totaled $4,000
bales this week, against $4,000
last year. The total into sight
for the season to date IS 1852, 900
bales against 2,281,0 900 for the
corresponding period last sea-
son.
Exports of the American staple
during the week amounted to
$4,000 bales. compared with
100000 in the 1882 week. Total
exports for the season so far
are 100000 bales, against H.
075, 900 last season.
Final prices were up to Z
points. october was up 4 at 9.69;
December up 5 at 992, January
up at 1901, March up 6 at 10.l7,
May up at 1892, and July up I
at 1O.49,
The Washington times., 1933-09-30
Heavy Engineering
AWQrds Jump Again

Stimulated by public works
funds, heavy engineering con-
struction contracts reported for
the week ended September Is to-
tai $41,206,000 marking the third
successive jump Of over 100000
900 in as many weeks, according
to Engineering News-Record. This
is the second highest weekly total
reported in contract awards this
year. Though the award figures
of the first week Of the month
were only slightly in excess of
100000, the steady rise in let
tingS during the succeeding weeks
has given the month a weekly
average of $26,669 900, the high
est of any month since July, 1882.
The Washington times., 1933-09-30
U. S. COTTON EXPORTS

Shipments Of cotton from the
United States to foreign countries
during August amounted to $751;
900 bales, valued at $27,855, 900,
compared with $4,000 bales, val.
ued at $36,455, 900, in July, and
$4,000 bales, valued at $685.
900, in August, 1882, according to
an analysis of the export figures
by the Textile Division of the De.
partment of Commerce. This rep
resents an increase of 10000 bales
and $9,870,000 over the shipments
for August, 1882.
The Washington times., 1933-09-30

to act wisely
and judge the
chances of sue
cess. This is eS-
peeially true OF
h a sty expert
mentS in buSi-
ness a nd fl
nance.
Three items
in the n e W S
suggest S o m G
points for con-
sideration just
now.
The first is
t h Q announce
nnnnf TINT aY.
The Washington times., 1933-09-30
Marine Reserves
End Air Training

The Marine Corps Air Reserves,
based at the Naval Air Station,
Anacostia, D. c., have finished
their 14-day annual training Of
officers and enlisted men at the
Old Naval Air Station, Cape May,
N. j. The training period was
from September to %.
Activity during the period Of
training centered around aerial
machine gunnery and dive bomb
ing and a wartime problem in
volving tactical maneuverS.
The Washington times., 1933-09-30
Cubs to Open Club
With Dance Oct. II

An inaugural party and dance
for the new Young Newspaper
mems Club, now being organized
here, will be held at the Pelican
Club, local night spot and head
quarters for the new organiza-
tion, at 423 Eleventh st. N. w.,
Tuesday night, October II, it
was announced yesterday =,
The purpose of the new or
ganization will be to further the
interests Of the young men and
women of Washington who have
chosen newspaper work as a ca
reer, Robert Lewis, chairman Of
the organizing committee, said,
The Washington times., 1933-09-30
CAT LURED JOCK0

PALMER, Mass. GN.S0.-1f
Jocko, the monk, hadn't been so
friendly with a certain cat, he
might still be roaming free today.
Jocko, the pet monkey Of Miss
Kate Irwin, escaped from home,
and was eluding his purSuerS
easily, until he spied his friend
cat frolicing on the Irwin lawn,
Jocko went over to say hello, and
Miss Irwin caught him.
The Washington times., 1933-09-30
NO INK IN 13

WORCESTER, Mass. G.NS.).
The number 13 is a lucky one for
Ero Michaelson. Arrested for in.
toxication, Michaelson attempted
three times to take his life in cell
13. A policeman saved him each
time, finally handwriting the priS'
oner, keeping him in cell 13 for
good luck.
The Washington times., 1933-09-30
OBSERVANT JUDGE

BOZEMAN, Mont. U.N.S0.-El-
mer Kundert, arrested for speed
ing, told Police Magistrate Lloyd
M. johnson that the speedometer
on his motorcycle didn't indicate
that he was violating the speed
law. Judge johnson decided to
check the speedometer and
climbed on with Kundert. The
inspection" cost Kundert $5.
The Washington times., 1933-09-30
MONEY MARKETS

NEW YORK, Sept. 80 s).-call
money was held over today at q
of l per cent on the big board and
IL per cent on the curb.
Commercial paper rates were un-
changed at IN to IL per cent.
Time money was unchanged at Y
per cent for 30 days, "a to Y per
cent for so days, *s to y per cent
for 30 and 12O DAYS, and y to
per cent for $50 and 1SO days
Bankers acceptances were quiet with
rates unchanged at q to 4 per cent
for 30 so and 90 days, s. to Il per
cent for 100 days and u to y per
cent for $50 and $50 days.
The Washington times., 1933-09-30
KILLED BY MINE CAR

ROCK SPRINGS, Wyo. G.N.S).
Joseph Katich was killed outright
and nearly every bone in his body
was shattered when a mine car
loaded with timbers struck him
after hurtling 1000 feet down a
steep incline. The car had slipped
from the grasp of two men who
were loading it.
The Washington times., 1933-09-30
Poland Subscribes
Internal Bond Issue

WARSAW, Sept. 30.-Subscrip-
tions received on an internal gov
ernment s per cent loan Of 12O.-
100000 zlotys (about $21 900, ,0OO
during the first few hours fully
covered the issue, it was reported
today. The loan is intended to
cover the years budget deficit.
The Washington times., 1933-09-30
BY LEWIS HANEY,
Professor of Economics New York
University

We nuts always understand the
problems and difficulties involved
in any course of action, If we are
The Washington times., 1933-09-30
High | Low Close

French Govt Is 40. . .153lkjl63hil53h
Ger c Ag Blk 6s 1881 4l1h Il AlM
Ger c Ag Blk Is so 48 IS ia
Ger A B IS 80 Oct 40%l 40 4O%
Ger c A B IS 80 Jul ~ 43Ht (&
GermConAgr 615s 1881 2S 27Al %
GermGnElect 6s AS. . 32%i 32Tt 32X
Germ Int1 ) 15s '65 43R 43%i 43%
German Rep Is 40. . S3h 6SHt sag
Hansa IS '39:.. 32% 32% S2%
Italy Is 81 ...... 9s 81 sS
Lyons 6s ............ 149 148hl l14Sk
Milan 6l3s ........... S45 81 sax
Montevideo IS ..... 33al 3 81 331
No Ger Lloyd 6s...... 4Oi3l 40 40
Norway 6s 'A......... 96S4 96% 96%
Norway 6s '52....... 95 94kt s5
Orient Dew 51as...... 64Nl 63%I 81
Orient Dew 6s......sn. ST 6SK 81 "a
Oslo IS .::.......... 81 s6h e6N
Prussia 6s '52 .....,..I 32%l 32MI 32&
Prussia 6hs 81 ...... 36L 35XI $50
Rhine Ruhr SIS '53.... 28 2S 2e
Rhine w Ell IS So . AK 39ISt 39h
Rotterdam Is '64 ...l114 l113Xl1l3X
San Paulo State Is 40. 64ss 64% 64%
Santa Fe (Argen) rs AL PIX 21& 2lN
Scissors 6s '36. l144XI144 1144
Sweden 5bs '54 w 94% 94hl 94%
Switzerland 5bs AS las las las
United kinkdom As 9Ol06 105hI1061s
Tn K G B &; 5ias '37l16h 116 l116M
The Washington times., 1933-09-30
N. Y. Curb Stocks

Ala bama Ct South. .... 36 u
Alabama Pow Is pfd.. 80 y
Allied Mills ......,... 10A
Alum Co of Am. ..-.o.s S2% ,
Am Cyanam B, se.GS.o. 1875
Am Gas & Ell. .-sS.. 23%
Am Iaund Mach, ..... 1914
Am Light & T.os.ooUs "a
Am MaraCaibo sossos.. -
Am Superpow ...s.S.. "a
Am Thread pfd. .coOS. ~
Anchor Post Fence. -
Ark Natl Gas A..oso. l y
Ark Natl Gas pf.....o. 212
Arundel Corp. p......o oaos Il
Assoc Gas G. Elec. ..... IA
Assoc Gas & E A..ooo.
Asso Tel Util. .....os.. Is
Atlas Corp. Il
Atlas Corp war. ..o.... "a
Bellanca Airc vtc. 4s
Brazil Trac. -
Bunker Hill. 4S
Can Ind Ale A ssoDoo. IA
Can Ind Ale B ...o... l412
Cana Marconi ...ooS.. 3,
.Carib Synd ........... -
Carrier Corp ...:: :..o.. ~ g
Gel of Am 1st pfd. s.".. 19S = l
Gent csriu'stta Sta Ell :::::::.:: e.
cities Serv ......ss..i -
SnjSm Gttiss ssSX SEE p6 dv f::: pf..:.. 80 80 Z
Cons Aircraft .....o.. g
Cons Gas Bait ...s~'.. So
Cons Theater ..ooo... Il
CO. mr. nf 3A
Gord Goni Cos Corp pr ............ pt ....'': 81
Creole Petrol ...... 10Y
Crocker Wheeler s.... 5A
crown Cent Pet...... y
Cusi Mex ........... "a
Det Aircraft ....... u,
Distiliers Co Ltd. -. 1872
Distillers Seagrams -. 20
BUwal BUW Sulphur ...,... 54
Edison Ell Illum Bost. 14S /
Elec B & S......... 17B
E,Iec n & S pf 3S
Tlec y & S cum pf... So
Eureka Pipe Line.... 80
Fairchild Av A.......
Falcon Lead ........o. 70
FeEEO EudlllS SssOOSs ~
Fidelio Brewery ..... ~
Fisk Rubber-new -. SA
Fisk Rubber-new-pf. 591s
Flintkote A ......... 3%
Ford Motor Ltd ..:. 515
Ford OF Can A ...... IL
Gen Alloys .......... 2
Gen G & e CIV pf B .. 101a
Gen Tire & Rub go. 771e
Glen Alden Coal ..... l4h
Godchaux B ......o..
Goldfield Cons ...... Z
Gorham Mfg Vic ..... 1917
Gulf Oil !,...........I 541a
Hartford Elec ....... 40
Hollinger Mines ...... ION
Horn & Hardart ...... 171a'
Hudson Bay MAS -. 10
Humble Oil ........ SO
Upgrade Food ....... "A
Ill Pw & 1t 6s pf -. -
Imperial OIL Can ..... l3h
Int Mining ....... lO12
Internal Pet "t."s.'. ~
Int Mining ws .sssSs ~
Int Utilities 3 ..ss Ia
JOnaO & Naumb ost. Y
RPueRer Brewing sO1N 1th
hala ShoTO Nines.sSsA 4sht
Imperial Valley press., 1933-09-02

body of each boat is divided into
two compartments, either Of which
is air-tight and buoyant, and cap
able of supporting the occupants.
Each Of the different sizes is av-
ailable in several coiorS-grayish
black. aluminium similar to airship
envelopes. or a brilliant orange
yellow providing exceptionally high
visibility.
In addition to their extremely
practical possibilities for campers,
hunters or fishermen, the boats are
ideal for vacation trips along in
land waters or the seashore, or for
children at bathing beaches. Each
boat is equipped with manila line
through loops around the
outside. particularly for the use OF
hathers. One of the two-man boats,
even when filled with water, will
four or five persons. while
a seven-man boat filled with water
provides sufficient buoyancy to sup
port all who can possibly get their
hands on il.
The boats are meeting with an
excellent reception among hunters,
fishermen, campers and others
needing this sort Of equipment for
their outdoor activities, according
to Goodyear officials.
Imperial Valley press., 1933-09-02
GRID PALS To
WE'D SISTERS

LOS ANGELES, Sept. 3 UP, -
Tay Brown and Ray Sparkling, who
teamed together in the line Of the
University OF Southern California S
national championship football
team last year. will team up toge-
ther in the same family as bro
therS-in Law.
Brown and Sparkling will become
the respective husbands of Helen
Marion Tucker, 19, and her sister,
Hazel Marguerite, 81, it was learned
today.
Sparkling, All-American end, will
beat his teammate to the altar by
marrying Hazel at the Wee Kirk O.
the Heather in Glendale on Sept.
10. Brown, All-American tackle
who now has a coaching position
in Cincinnati, is scheduled to mar
ry Helen in the Ohio city later.
Both romanceS were nurtured on
the U. s. c. campus, where the two
sisters were prominent in social ac-
tivities. They are the daughters OF
Mr. and Mrs. E. NJ. Tucker Of South
Pasadena.
Imperial Valley press., 1933-09-02
WOOD DEFENDS
TITLE TODAY

ALGONAC. Mich. Sept ?. UPj-
Defending the worlds speedboat
championship for the seventh con-
secutave time. silver-haired Gar
Wood today pitted his powerful Miss
America x against the unknown
speed of a British challenger and
a last minute United States entrant
in the first race Of the Harmsworth
trophy series on the st. Clair river.
Because Of his past successes,
Wood was favored to retain the tro-
ply although some racing experts
regarded Red-headed Hubert Scott
Paine's smaller, stream lined Miss
Britain III a dangerous contender.
Last night Horace E. Dodge, De-
froit sportsman and racer, announ-
Ced he would enter his Delphlne V,
q Gold Cup boat equipped with a
Sweepstakes motor This new craft
has never been officially tested over
a measured mile, but Dodge believed
II fast enough TO give the other
boats good competition.
Two hundred thousand persons
were expected to see the race.
Today's race and the second at )
D. III. Monday will be run off over
a seven nautical mile course on the
river. Victory in two races out OF
a possible three wins the series and
the trophy.