davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1933-12-06
NARROW RANCE
|STRAVERSED
BY COTTON

NEW YORK, Dec. 6 QN.S0.
Pressure of profit taking and
Southern selling today kept cotton
futures slightly under the previous
close throughout the forenoon.
With Liverpool cables about in
line with due prices, the market
here opened off l to 4 points
and then held within narrow
trading limits.
In addition to the Southern
offerings there were moderate
hedge and New Orleans sales
with the principal support coming
from Wall Street houses and the
domestic and foreign trade. Pro
fessionals were on both sides Of
the market.
Midday prices were off 3 to S
points with January off at 9.97,
March off 4 at 1912, May off 3
at 1926, July off 4 at 1898 and
October off 4 at 1885.
The Washington times., 1933-12-06
RAILS CONTINUE
RISE AS BONDS
STRENGTHEN

NEW YORK, Dec. s UN.s).
"A continuation of the advancing
trend in rail bonds featured a
generally improved bond market
today.
Nickelplate 51as and Erie IS of
rs, led the carriers with gains
OF point each, while lesser ID
Nances were, chalked up in Balti-
more and Ohio, Northwestern, st.
Paul, Illinois Central, Great
Northern, New York Central,
Southern Pacific and Southern
Railway issues.
Liberty 1st 414s was strong
spot in a quiet United States
Government list, while Treasury
E2ss of 40 were off slightly.
French Is headed the foreign
group with an advance of more
than a point.
Investment grade loans con-
6nued to make headway with Con-
Solidated Gas IS and Dusquesne
Light 412s B, up y each.
The Washington times., 1933-12-06
Halt in Trade Dip Held
Due to Federal Aid

That is, it goes into the market
as a direct buyer of food, coal,
textiles and lumber. Such Gov.
ernment buying has helped to sup
port the markets for these prod
uctS.
When we reflect that no small
part of the increase in industrial
employment has been due to the
shorter hours enforced under
NRA, we see most Of the increase
in the incomes of individuals
comes from the Government.
Tehn we reflect that there are
only two ways by which a Gov
eminent can finance itself. One
is taxation. The other Is borrow
ing.
But more taxes seem to be out
Of the question, and already
strong opposition to new taxes is
apparent.
Borrowing Increases
So we find increased Govern
ment borrowing. It has just been
announced that the public debt
has risen to about 23,5OO, 900 900,
which is getting up toward the
war peak.
It is this public debt which
makes the most effective force
behind initiation. If we were
planning to pay all the expenses
for relief work and make all the
loans being extended, out Of cur
rent taxes, there would be little
demand for initiation. Indeed,
one objection now urged against
more taxes is that they would be
"deflationary."
The Washington times., 1933-12-06
WOOLlUOrth Sales
Rise 3.8 Per Cent

NEW YORK, Dec. S QN.SO.
F.. w. Weolworth Co.. sales in
November increased 3.8 per cent
to $40, ,995, ,s49 from $2o,215,542 in
November, 1882, it was reported
today. This is a marked improve
ment over october when sales
were 10 per cent under the like
month a year before.
Cumulative sales for the IL
months ended November 80, aggre-
gated $213,517,668, compared with
$216,789,612 in the corresponding
period last year.
The Washington times., 1933-12-06

American Federation of Labor es-
Inmates, has been reduced from
about 100000 to about 10000
600. In addition, many persons
are now being given incomes by
the so-called civil works admins
tration, through which it IS
planned to provide for some 4'OOO''
900 persons.
This comes on top of the in
creasing activity Of the public
works administration, which now
announces that the expenditure OF
it's entire three and a half billions
is arranged for.
In addition, the Government is
spending many millions OF dol
lars for direct relief.
The Washington times., 1933-12-06
NEW YORK PRODUCE

Butter-Market easy. Sslted and un-
salted creamery, higher scoring, 2214 a
2313c; creamery extras, 22@22k =;
creamery firsts, 16A @21%c; ladies,
fresh, extras 17@17kc.
Cheese-Market dull. Average run,
12c Wisconsin whole milk, fancy young
Americans, 12N @13Ac.
EgGs-Market easier. Nearby white
specials, 31@S2c; standards, 29@SOc;
mediums, 231s a 24c; nearby brown spe-
cials. S2@S6c; standards 29@S1c; mixed
specials. 81 @341ac; standards. 29@ soc;
firsts. 23c; medium. 17hc; Pacific coast.
white, fancy packs. S2@S215c; stan
dards, II @311Ac; mediums, 24c.
The wholesale price is $2.93 per 100
pounds No. l fluid milk within the
col 21O-mle zone
The Washington times., 1933-12-06
CLEVELAND LIVESTOCK

CLEVELAND, Dec. G'Ns sD.-Hoss ,osE
GOOD action, Prices 1oc lower; top
and and bulk, 1sO-soo lbs, s8.65: orv
CattIe-Receipts $50: market very
active; quality mostly poor; s prIoes
steady; choice handy"elsh'
HCsIves-Receipts $50: market SLOW
and weak to SOC lower, top: 81 bulk
Of the better-grade calves $50 tr,ds
sheep-Receipts 5000; lambs trace te
showing good action: prices, S5,, weak ef the
15c lower; top. 500 Ou'N
better grades. $7972S.
The Washington times., 1933-12-06
GRAINS EXTEND.
GAIN IN LIGHT
DEALINGS

CHICAGO, Dec. 6 UN.S.G
Grains extended their advance to-
day in a light but continued con-
fident trade.
While buying was not particu1
larly heavy there was dearth OF
offerings and the market moved
up with ease.
Near mid-session values were
near the top, wheat being ssc to
Ac advanced. Corn was un-
changed to 1sc up, oats ac up
and rye 1ac to 1c UP.
May wheat touched 877sc, with
July around 8612c. May corn
lowered around 52hc.
The Washington times., 1933-12-06
Grant Sales Climb
For Month and Year

NEW YORK, Dec. 6 Q.N.SO.
w. T. Grant Company. November
sales were $6,Ss9,535, against
$6,334,396 in November, 1882, a
gain Of SO per cent.
Eleven months sales were $685.
197,481, against $61 ,94O,825 last
year, an increase Of So per cent.
The Washington times., 1933-12-06
CHICAGO LIVESTOCK

CHICAGO, Dec. G.Ns.).--Hogs--
2s, 600; 1Oc lower. Top. $40; bulk, $40
6S,S5; heavy, $3.50 335; medium. 3S.16
S3.4O: light, &S.1O@3.4O; light lights,
$3.OO@3.sO; packing sows, s23S @2'70;
pigs, $2.OO9 $50. Holdovers. 1000. o
Cattle-s,OoO; steady Calves ?'0oO'
s5ssoSs.4o; seSos' t common and medium, $3.50
@5.5O; yearlings, s4.OO@6.5o. Butcher
ss.25@6.OO; cows. 81 90
@3.75; bulls. $2.5o@S.75: calves $S.S0@
steers, $3.75@4.OO; stocker cows and
heifers, $2.OO@3.75.
Sheep-1O, 900; steady; medium and
choice lambs, $625@725; culls and com
mon, $4,000 500: yearlings, $3.50 S.SO; ;
common and choice ewes, $1.SO S.oV'
feeder lambs, $5.5O06,OO.
The Washington times., 1933-12-06
Tips on CHEEKY
Trade Gains

Central Hanover Bank and
and Trust Company pays
extra dividend :. AtchisOn,
Topeka and Santa Fe Rail-
road increases dividend. :.
Canadian Celanese Ltd.
pays $1.5O accumulati0ns Of
preferred :. Dividend pay
mentS resumed by Manu-
facturers Trust Company,
Wilson and Company, As
sOciated Oil Company and
Interstate Power Company. :.
A. p. and w. Paper Com
pany net for third quarter
SO per cent above that Of
like 1892 period. Wool
worth sales in November 3.S
per cent above year ago. E.
KreSge business last month
6.3 per cent higher than in
November, 1882. w. T.
Grant Company S.9 per cent
above those Of November
last year.
The Washington times., 1933-12-06
CLOTH MARKET INACTIVE

NEW YORK. Dec G.NSO.-AI-
though the coarse yarn cloths market
reflected a better tone today than has
been in evidence in months, there was
no improvement in activity.
The improvement in outside specula-
tive markets, the strength of mills and
the establishment of a system of ad-
justment of production to demand were
all contributing factors to the better
Eentiment.
The Washington times., 1933-12-06

S a y, however,
that the declin-
ing trend seems
to have been
d e f i nitely
checked. While
there are some
downs, h ere
a r e also ups.
The net effect
is a condition
of irr e lar
stabilization.
More people
are receiving
S ON e income.
Unemployment,
according to
The Washington times., 1933-12-06
EXTRA BANK DIVIDEND

Central Hanover Bank and
Trust Company of New York has
declared the usual extra Of 81
and the regular quarterly divi-
dend Of $3.50, both payable
January to stock OF record
nncanher %
The Washington times., 1933-12-06
OIL DIVIDEND RESUMED

Associated Oil Company has
resumed dividends with q dis
bursement of so cents a share,
payable December % to stock Of
record December IS. Last previous
payment was Is cents on Decem-
Der 81, 1882.
The Washington times., 1933-12-06
WOOL MARKET

NEW YORK. Dec. s I.N.s) ).--wool
steady. domestic fleece, unwashed, Ohio
and Pennsylvania, 2SQ43c; domestic,
pulled. secured basis 67c@$1; Domestic
Texas, clean basis, 72@S6c: domestic
territory, clean basis. 65@s7c.
The Washington times., 1933-12-06
NAVAL STORES

NEW YORK. Dec. G.N.S).-Tur-
pentine-Savannar 42hc; New York,
47Ac.
Rosin-Savannah, $40; New York, 47O.
Linseed Oil-Per lb.. 9.5 carlotS.
The Washington times., 1933-12-06
BY LEWIS HANEY
Professor Of Economics, New York
University.

Once more the business news
of the week throws little light
upon the major trend. We can
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
Washington Produce
WHOLESALE PRICES.
Butter-one-pcund prints (93 Sc

Butter-one-pcund prints (s3 score).
%; tub. 81; one-pound prints ts2
score), 81: tub. 90; one-pound prints
(9l score). 20; tub, 10; one-pound
prints 600 score), 10; tub, 18.
Eggs-Hennery white. 14a141s; cur
rent receipts. 12ha13z; Government
graded, extras, 1914; standards, Is;
mediums, 17l2.
Poultry, alive-Turkeys, hens. young.
16a20; old, 12a14; toms, 13al4; old. ga
10; chickens, 10; hens, 10a11: Leghorn
hens, 8a9; Winter chickens. 12a14;
stays, 8a10; roosters, Sat; Plymouth
Rocks, broilers, 20a22: fryers. 17a19;
roasters. 17a19; mixed colored chick
ems, 14a16; keats, young. 25a40; old. 15a
20; capons, to 8 pounds, 10; to 6
pounds. is.
Poultry, dressed - Turkeys. hens
young, 19a23; old. 15a17; toms, young
16a17; old, 1lal3; chickens, hens. is;
Leghorn hens, 11a12; Winter chick
ems 15a17: stays. 11a13: ROSTERS. 9al0:
Plymouth Rocks, broilers. 21a23; fryers.
2Oa21; roasters, 20a22: mixed coiored
chickens, 17al9: keats, young. 28a43:
old, 1Sa23; capons, to 9 pounds. 81;
S to pounds, 10.
Meats-Beef, IL; veal, 10; lamb. Is;
hams, IA; strip bacon, IA; lard, 712;
compound, 7.
Live stock-Hogs, light, 325a4. 90;
medium, 3.25a420; heavy. 3.25a4 90
pigs, 275a375; roughs, 2.00a3.00; calves,
300a5.5o; lambs, 30Oa6.o0.
F'ruits-Apples. fancy box stock,
1.75a2.25; bushel baskets, LOCAL Is;
peaches. 3.25; pears. 1.50a2.75:
pluns, $50; apricots, 3.25; nee
tarines. $50; mandarines, dozen, 40a
so: oranges, 2.50a3.50: lemons. 3.50a
$50; tangerines. 200a2.25; grapefruit,
2.25a2.50: lines. per 100. 200: bananas,
1.00a250; alligator pears. 3.50a4.50;
honeydews, 2.50a3.50 pineapples. 3.00a
AGO. Spanish melons. 600a7.0 90; kum-
quats, quarts, 20: rhubarb, 40a50; cram
berries, 325. grapes, Almeira's, Argen-
tina, $50; California, 2.50a3.0O; straw
berries. 5.50a6.40.
Observation-Disclosures, Maine, 125:
New York, LOCALS; Florida, new.
It's; Idaho bakers. Its; sweets. 65a75;
tomatoes, repacks. Span crates. 1.50a
It's; Tugs, 2.00a225; broccoli, 500;
turnips. 4Oa50; parsnips. $50: string
beans. 150a2.25; peas, 2.75a3.00; lima
beans, $50; peppers, l.50a2.25; kale,
30a40: spinach, 50a125 mushrooms,
65a75; satisfy, per dozen, 60; lettuce,
iceberg. 300a3.25: squash, 1.75a2 rs;
eggplant, 25Oa30G: beets. crates, 1.25;
carrots, crates. 1.25; cucumbers, 4.00a
$50; celery, Its; cabbage, new. hamp-
ers, 1.25a1.50: DID, sacks. coal 90;
asparagus, 250a6.00; cauliflower, LISA
200; corn, Florida, 800.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
Baltimore Markets
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE, Md, March 8.-White
potatoes, per 100 pounds, 85a1 90; new
bushel. 140al IS; sweet potatoes, BUSH
el 40a85; barrel 1oOa150; beans
bushel, 125aZO beets, per half crate
1.10a1.25: cabbage, per ton, 14.00al5.00;
carrots, bushel, 5Oa60 caulifower, crate,
1.50al.65; celery, crate, 2.40a2.75; egg
plants, crate, l.50a3.00; lettuce, crate
2.50a3.00; onions, per 100 pounds, 1.00a
lbs; lima beans. bushel. 300a350; peas,
2.00a2.75; peppers, bushel, 50a1 90;
spinach, bushel, 75a1.2o; tomatoes, lug,
nipS, basket, 20a30; apples. bushel, 35a
$50: strawberries, quart, l7a22; grape
fruit, box. 1.75a2.50; oranges, box, LISA
$50; tangerines, half box, LOCAL so.
Dairy Markets.
Live poultry-Tu-keys hens, pound.
20; gobblers. 16a17; old hens, 49, old
toms, 15a1S; capons. l5a19; young
chickens, 14al6; all kinds, poor and
thin, 8el0; broilers, 16a20; old hens, liza
II; leghorns. 10a11; old BOOSTERS, 7a9;
ducks, 12a13; geese, 1Oa15; guinea
fowls, each, 25a45; pigeons. pair, 15a2o.
Eggs-Receipts, 1,546 cases; current
receipts, 1894; duck eggs, 16a2O.
Butter-Good to fancy, creamery,
pound, 17a20; ladies, l4a15; store
packed, 10a11; process, butter, Is.
Cattle and Live Stock.
Cattle-Receipts, so head; steady;
good to choice, 475a5 90; medium TO
good, 4.50a4.75; fair to medium, 4.OOa
4.50; plain to fair, 350a4O0; common
to plain, 300a3.50 Bulls-Medium to
good, 300a3.25 fair to medium, 2.5Oa
800; plain to fair, 2.25a25O; common
to plain. 200a2.25. Cows-Medium to
good, 300a3.50; fair to medium, 2.50a
$780, plain to fair, 200a25O; common
to plain, 1.50a200. Heifers-Good to
choice, 4.50a475 medium to good, 4.OOa
4.50 fair to medium, 35oa40O; plain
to fair. 3.00a350; common to plain,
2:50a3.00. Fresh COWS and springers,
30.00a60OO
Sheep and lambs-Receipts, so head;
steady; sheep, 50a250; lambs, good to
choice, 6.35a6.75; common to medium
3O0a5.75.
Hogs-Receipts, 800 head; lower;
lights, 4.30a475; medium to good, 4.30a
AIS heavies, 380a4.55; roughs, 2.55a
365; light pigs, 330a385; pigs, 4.O5a
ASS. Western hogs 1920 higher.
Calves-Receipts, Is head steady;
good to choice, 6.00a6.50; common to
medium, 400a5.50.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
BOOTLEG SECURITY
MARKET IS OPENED
Dealings Carried On Despite
Closing of Exchange in
New York.
Special Dispatch TO The Star.

Special Dispatch TO The Star.
NEW YORK, March 8-With q boot
leg security market operating just under
the shadow of the New York Stock
Exchange, which will remain closed
until further notice, Wall Street to-
day heard many and varied quotations
on securities.
It is useless to print such quota
tons, for they are merely what one
buyer or what one seller thinks quo
tations should be- The holder of 1000
shares Of stock who. needed cash i'm
mediately might be willing to sell his
holdings at a discount of per cent
below last Fridays closing quotations.
naturally would begin by offering to
pay for the desired securities at q price
10 or Is per cent below their previous
levels. He would have to raise his bid
until it met an offer.
The security "bootleggers." ofices
which have no connection with any ex-
change or security association, have
been open day and night since last
Friday. They report the receipt Of tele-
grams from nearby places Offering or
bidding for securities. Although they
are chary about divulging the size Of
their operations, they tell some good
stories.
One poorly clad customer wanted to
buy American Telephone, General Mo-
tors and United States Steel common
stocks To the brokers surprise he
dumped 100000 of gold on the table
as payment.
Il saw this coming" he said, 80
two months ago converted my bank
balances into gold"
Copyright 1887
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
STEEL TRADE HOLDS
AT RECENT LEVELS
Rapid Recovery May Be in Pros
pect, Says Review of the
Industry.
BY the Associated Press.

BY the Associated Press.
NEW YORK, March 8-American
Metal Market, trade review covering
the steel industry. said yesterday that
this may prove to be 1.-The low week"
in steel production, with rapid re-
covery in the next few weeks TO the
highest recent rate or slightly more,
at between 20 and rs per cent" OF
capacity.
Reaction of buyers and sellers OF
steel to the developments Of the last
few days has been a mild one" the
review declared 1T is a case of bust
ness as usual, subject to slight re-
striction, less than might be expected.
Buyers have been instructed to
suspend shipments Of steel in rela-
lively small proportion Of cases. All
such requests are being complied with
and it is in only rare cases that mills
suspend shipments of their own init
alive as the credit situation was already
well adjusted.
Throughout the steel trade there is
confidence that business in general will
undergo marked and healthy improve
ment in the next few months, but in
the larger recovery 1t is fully expected
that steel will lag somewhat behind
various other lines of trade. The pro-
spective demand for steel is OF such
character than steel cannot be the
leader in the long-term recovery"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
court TEST URGED
ON BANKING STATUS
Economic Expert Believes
Commercial Transactions
Are Interstate Commerce.
BY CHAS. p. SHAEFFER.


Many financial authorities believe
that commercial banking is interstate
commerce and, therefore, comes under
the jurisdiction of the United States
Government whenever it chooses to ex-
ercise its authority.
While 1t is unknown whether Federal
authorities are considering this aspect
while seeking a corrective to the present
situation, nevertheless 1t was given con-
siderable attention at the annual meet
ing OF the American Economic AsSocia-
ton here two years ago, when the SUBJ
ject of bank failures was gone into
rather thoroughly.
The association is composed of eco
nomic experts, and its purpose is the en-
couragement of economic research, the
issue OF publications on economic sub
jects and the encouragement of perfect
freedom Of economic discussion.
In q paper to the association Walter
E. Spahr of New York University. said
that a search through legal records has
not revealed my case in which the
United States Supreme Court has held
that commercial banking is not inter-
state commerce. adding that it would
seem that if such a question could come
before the court, straight reasoning
would compel the court to rule that
commercial banking is interstate COM
MERGE"
Spahr advocated, in his paper, Federal
control Of all commercial banks. He
said that. regardless of the merits of
constitutionality, the way of progress
does not lie in abstaining from under
taking what appears necessary and
proper because of some supposed con-
stitutional obstacle"
Let the changes be made and the
issue be tested in the courts" he urged
before the association. IF the Constitu-
ton is violated. amend the constitution
A sound banking structure is of far
greater Importance to people than the
adherence to constitutional provision
that prevents the making Of changes
necessary to meet the present-day
problems.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
Trade Trends
BY the Associated Press,

BY the Associated Press.
Retail trading-Merchandi inter-
ests see partial offset to the Gripping
effect OF impaired banking facilities In
the liberal credit terms offered new and
old customers Of department and other
retail stores. Through this device It is
expected that goods will continue to
move into consuming channels In fair
volume.
Tea-Dealers report that current Of
ment are practically nil. Importers
prices are said to be above recent levels
and offerings to the trade are lighter
Flannels-Mills and jobbers are said
to have withdrawn the prices which
were informally quoted to the trade a
few weeks ago. Reports Of higher prices
for spot cotton have been mainly re-
sponsible for the recasting of price ideas
it Is said.
Chain store sales-The first eleven
chain and mail order companies to re-
port had total February sales Of $685.
1862, 596, compared with $l09, 1884, Ola for
the same companies in the correspond
ing month last year.
Carpet wools-Imports at Philadel-
phta last week totaled Cos, 1928 pounds,
compared with 158,6o2 in the preced-
ing week.
Rayon-It is reported in trade cir
cles that producers are further cur
failing output this week to obviate the
accumulation of more than normal
stocks Of yarn.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
POWER PRODUCTION
SHOWS SLIGHT LOSS
Output During the Last Week Was
GA Per Cent Below Fig.
ures for 1892.
BY the Associated Press,

BY the Associated Press.
NEW YORK. March 8.-Electric
power output fell slightly last week to
1,422,875. 900 kilowatt hours, compared
with 1851 900 In the preceding
week, which included WashinEton'a
birthday, the Edison Electric Insti-
tute reported today. There was . de-
cline Of 81 per cent from the CORE
spending week in 1882, while the pre-
ceding week was of ST. per cent from
the like 1882 period.
Power consumption in the central
industrial region varied little. being
9.6 per cent below q year ago. COM
pared with decrease Of 90 per cent
from last year in the previous week
In the Atlantic Seaboard territory the
decrease was So per cent, against a
decrease Of Al per cent the week be-
fore. New England was down IL per
cent, against SIS per cent. The loss on
the Pacific Coast was So per cent, COM
pared with 5.4 per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
FIDELITY STORAGE co.
REFLECTS OFFICERS

beard of directors of the Fidelity Stor-
age Co., held at the Office of the COM
pany, at 1920 U street, the present cft-
GERS We're reelected.
The officers are David Brewer Kar-
rick, president, grandson of the late
Justice David ]. Brewer of the United
States Supreme Court. first president
of the company, and Clifford j. Lipp,
secretary and treasurer.
The new directors are Frederick de c.
Faust Of Sherley, Faust g. Wilson, and
Eugene B. Roberts of Randall H. Hag-
ner 81 Co., who were elected at the
annual meeting Of the stockholders,
qualified and took their places on the
board,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
SUGAR REFINERS REPORT
INCREASE IN EARNINGS

BY the Associated Press.
NEW YORK, March 8.-The Ameri-
can Sugar Refining Co. today reported
1882 net profit of s4.327,986. equivalent
after preferred dividends to S2.62
share on the common stock. This
compares with $4,155,03l, or 1928 a
share, in 1881.
The increase in net applicable to
the common stock was largely due to
savings in interest charges in ccnnec-
ton with a further redemption of
bonds. Operating profits amounted to
S5,349,459, compared with S5,65S,9S7
in 1891.
Sash on hand was $14,870,e44 at
the end Of the year, compared with
$17,003,460 at the close Of 1881.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
Trustee Sues for $175,00O.

MOUNT AIRY, Md, March 8 (Spe-
ciaD ALLEGING that dividends were
paid out Of capital and that funds Of
the corporation we're Illegally loaned to
the directors, j. William Kelbaugh,
trustee in bankruptcy for the defunct
Smith Yingling Canning Co., has insti-
tuted suit in the Circuit Court for Car
roll County to recover approximately
$175,0 900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
Crude Oil Output Drops.

TULSA. Okla. March 8 R.-
Daily average crude oil production in
the United States decreased 25,26l bar
rels last week, totaling 2,l67, 961 bar
rels, the Oil and Gas journal esti-
mates.
Oklahoma led the downward move
ment with an output of 476,415 barrels,
or 1926 barrels under the preceding
weeks figure. The Oklahoma City field
was responsible for the bulk Of this
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
BANKERS WILL DISCUSS
PROBLEMS OF HOLIDAY

The fiduciaries section of the Dis
trict Bankers Association will hold a
special meeting at o'clock this after
noon at headquarters in the Bond
Building. according to notices sent out
by Sidney F. Taliaferro, the secretary,
who is trust officer of the Riggs Ma
tional Bank.
The purpose of the meeting is to have
general discussion of the problems
arising from the bank holiday under
presidential proclamation. Leonard
Marbury, Washington Loan & Trust
Co., chairman Of the section, will
preside.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
Firm Paws of in Checks,

CHICAGO, March 8 (P.-The Inter-
national Harvester Co. paid its factory
workers in checks of SIS and fractions
thereof today, to facilitate use of the
checks in making purchases. The COM
pany said the small dencmina ton
checks would be used until banking IA
cilittes were normal or some other form
Of currency was developed.