davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat., 1933-05-27
CHILD,s SKIN RESTORED

NEXT: Harry is nervous.
The Waterbury Democrat., 1933-05-27

Send your money and order to Pattern Department, Waterbury Democrat, Waterbury, Cum. Be sure to state sue.
The Washington times., 1933-04-17
Econostat Editor Opposes
u. S. Rule of Exchanges

Joseph Stagg Lawrence, editor
of the Econostat, new business
magazine published by the former
editorial staff of the discontinued
Bradstreet's Weekly, holds that
the United States Government is
in a strong position to prove that
the security and commodity ex-
changes are sufficiently affected
with the public interest to war
rant Federal regulation.
Indeed, he says it would be pos
Sible to prove to the satisfaction
of the United States Supreme
Court that the New York Stock
Exchange is more affected with
the public interest than the coun-
try'S railway system. This. be.
cause the bulk of the country's
wealth is listed there, subject to
daily purchase and sale, so that
the course of the security market
has become an important direct
factor in the course Of all bust
ness. Mr.. Lawrence, however, op-
poses such regulation, saying:
"If the Government cOnsults
the best interests of the invest
ing public it will not deprive
the exchanges of their present
right to regulate themselves.
Such an institution as the New
York Stock Exchange is in .
much better position to dis
cipline its members and to pre-
serve the character of the ex.
change as q free market than
is the Government itself.
"The strongest argument in
favor of the continued inde-
pendence Of the New York Stock
Exchange Is this: The state Of
The Washington times., 1933-04-17
NEW BUSINESS
GAIN NOTED

That confidence and interest in
life insurance continued unabated
during the banking crisis is
pointed out by William Mont
gomery, president of the Acacia
Mutual Life Insurance Company.
He said:
ut is gratifying to us, and
we think of great Importance
generally, that the Acacia Mu-
tual Life Insurance Company's
new business for the period
from January to March, 1888,
registered a 13 per cent gain
over the corresponding three
months period Of last year.
Especially significant is the
fact that while Acacia granted
pOlicyhOlderS one months grace
in the payment of their pre-
miumS in recognition of the diff
ficulties entailed as a result of
the bank holiday, the cash in
come Of Acacia was maintained
at q remarkably high level.
"ThiS we believe is conclusive
evidence Of the important place
held by life insurance in the
lives of our people"
The Washington times., 1933-04-17
COTTON FUTURE
TRADING OFF
IN SESSION

NEW YORK, April II GN.S).
Cotton futures suffered losses
running to rs cents bale in the
forenoon trading today mainly be-
cause of persistent liquidation Of
May cotton in anticipation Of
the first notice day. With Liver.
pool closed in observance Of
Easter Monday, futures here,
opened off 2 to 3 points and ex.
tended their losses in subsequent
trading.
Trading Restricted
Trading was in restricted vol
ume with selling appearing from
the South, New Orleans and spot
firms. There was a scattered de-
mand from foreign mills with
Wall Street houses active buyers
of the distant positions. Progress
of the farm bill continued the
major influence in the ring with
the trade, here, in great measure
favorable to the bill and ex-
pectant that it will result in some
enhancement of cotton values.
More rainy weather to delay
field work and planting occurred
in the cotton belt over the week
end.
Special Styles Gain
Worth Street sales of cotton
goods ran to substantial volume
last week. Heavy quantities Of
special styles, as we'll as some
samples for bag manufacturing
and other industries being moved.
The volume of business was at
tested by the considerable vol
ume of trade price fixing in the
future market before the close.
Midday prices were off 13 to
IA points with May off 13 at 6.64,
July off IA at $50, october off
IA, at 7.01, December off 13 at
7.15 and March off 13 at 1885.
The Washington times., 1933-04-17
BUFFALO LIVESTOCK

Hogs on sale, $500; more active than
early. Market steady to 10c under Fri
days average. Bulk, off SC; desirable,
170-22O pounds, $4.1S04.2O; 23O-2S0
pounds, $4.1O94.1O: weights below 40
pounds, largely $3.75.
Cattle-Receipts, LOO. Steer and
yearling trade slowed. up and. late sales
lite better than steady, Scattered early
sales. Is G35c higher; general quality
rather plain, good. SOO-1,1OO pound
steers, $6@6.5Oi bulk, Smedium to good,
$5@5.5O; fat. rough, weighty steers
S45094.75; few loads, plain steers
$3.50; fat cows, $2.75@3: odd head,
1925 and better; cutter grades, 1850
2; medium bulls. $2.75@3.
Calves-Receipts, LOO. VeaIers ac-
tive, soc higher. Good to choice mostly
IS; common and medium. $3.SO@5.
Sheep--Receipts., 2,7O0. Lamb trade
very active; 25c above Friday. Good to
choice clippers, 81 pounds down. $500
SIS; "a pounds, S5.15;. similar grades
wooled lambs $6@S.25; top $6.S5; sS-
pound average, $6; few spring lambs
&7OS,50.
The Washington times., 1933-04-17

New York has had the power to
compel the incorporation of the
exchange since it was first or
ganized in 1892. It has been
repeatedly urged to do so. 1t
has never seen fit to deprive
the exchange of its freedom in
dealing in its own way with
abuses that developed"
Mr.. Lawrence cites three ways
by which exchanges might be
brought legally under Federal
regulation. One is by compelling
them to secure Federal licenses
for operation. Another is that
suggested by Samuel Untermyer,
denial Of the mails to exchanges
refusing to submit to regulation.
The third is to bar the use of tele-
graph and telephone to recalci-
trant exchanges, under the inter
state commerce clause of the Con-
stitution.
The Washington times., 1933-04-17
Investment Trust
Average Advances

The investment trust average
compiled by Allied Distributors,
Inc, registered another sharp ad-
vance during the past week. Com
mon stocks of the five leading
management trusts, influenced by
the leverage factor. stood at l0:43
as Of April 13, an increase of l5.2
per cent from April 7 and Of 26.8
per cent since March 81.
The average of the non-leverage
stocks stood at 1911 as Of the
close April 13. against 10.45 at the
close on April Z. The average Of
the mutual funds closed at 7.69
against 7.46 on April 7.
The Washington times., 1933-04-17
CHICAGO LIVESTOCK

Hogs-35. 900: 1Oc lower. Top. $3.s5:
bulk, SS.SO@3:sO; heavy 4S.4S@S75:
light lights, $3.5O@3.75 packing sows
$S@S.SO; pigs. 3.25@3.6O. Hodovers,
1000.
Cattle-15, 900: 1O@15c lower. Calves:
1900; steady. Beef steers Good and
choice. $5.5O67; common and medium
$4@5.50; yearlings. $5.5O@7. Butcher
cattle: Heifers. $35OO5.5O; cows. $40
@3,75; bulls, $2.5O@3.75: calves. $46
$50; feeder steers, $3.5O@5.25; stocker
steers. &395; stocker COW and heifers.
$2@350.
Sheep-15.oOO; strong; medium and
choice lambs. $5.253S75; culls and
4'I0: common and choice ewss. H,75
o.; feeder lambs. S4.5005.
The Washington times., 1933-04-17
CLEVELAND LIVESTOCK

Hogs-Receipts, $500; holdovers, 9s.
Desirable weight, 10000 under Satur-
day. or steady, 10c: spots, 2Oc below
Friday; 10000 pounds, mixtures, bid,
$500; held higher; pigs, $3.50.
Cattle-Receipts, 800; market active.
Steers 15c to most ly csc higher; cows
and bulls strong to 25c up; common to
low medium steers, $4.25@4S5; scatter
ing medium, $5@5.25; low cutter to
GOOD cows $1'50 q 3.25; largely So up;
few sausage bulls under $2.75.
Calves-Receipts. 600. Better grade
strong to soc higher; palmer kind fire.
quently 81 up; sort medium bulk selling
to medium, $3.5O@5: little below 81.
Sheep-Receipts. 2,5O0., Lambs, 2Ec
higher. Good to choice clippers, $3.50
$50: near choice woolskins held above
$6.1S: shorn throwouts, &4@4.75.
The Washington times., 1933-04-17
TELEPHONE OFF,
WITH STOCKS
WEAKER
BY LESLIE GOULD

BY LESLIE GUILD
NEW YORK, April II G.N.S0.
sakness in American Tele-
one, which broke to a new
v for the year, and lower
mmodity prices today sent the
ock market down l to 3 points.
A contributing factor was the
arp rally in the dollar, which
He'd the inflationary talk
ygely responsible for the broad
,turn in the closing days of
st week.
Profit Taking Dominates
Profit-taking dominated from
.e opening, and renewed pres
ire on telephone after Satur-
ay's four-point break. The COM
any's poor earnings report for
le first quarter, raising dividend
vision possibilities, was the de-
gessing factor.
Rails, were heavy, losses run
ing to nearly 3 points on the
r ecline in traffic in Saturdays
sport. A heavy tone in carrier
'onds was an added unSettling
.lfluence.
Wheat Cotton Breaks
Wheat broke a cent bushel
: nd cotton so cents bale. With
; le recent upswing in commodi-
: es playing a big part in the
,arket's rise, this prompted fur
. aer selling of stocks.
U. S. Steel common was a rela'
tvely strong leader, holding its
,ecline to less than a point.
Allied Chemical and American
~an were down l to 2 points
ach. Consolidated Gas was
,eavy and carried the whole util'
:ty list lower.
Steel Shares Strong -.
The rise in the steel industry's
operations in the last two weeks
sided the steel shares. The mo-
'ors likewise received support
rom the improvement in automo
3ile production with estimates
that this months output would
pe the best of the year.
Oils were down on poor first
quarter earnings reports. Trading
was moderately active.
The Washington times., 1933-04-17
TODAYs QUOTATIONS ON NEW YORK STOCK EXCHANGE

-iq33- Name and
High Low Dividend Rate
The Washington times., 1933-04-17
POLISH GOLD GAINS

The stock of gold in the Treas
ury of the Bank of Poland in
creased as compared with the
preceding month, AMI amounted
to 291.8 million zlotys, according
to the bank balance published on
March 20; while the amount of
gold placed with foreign banks
was maintained at the same lsvel
and was 221.7 million zlotys.
The Washington times., 1933-04-17

591 39S Zonits Products. AZ AZ AZ
(a) Optional stock or cash (b) Partly extra. to) Ez.
stock and cash tdl Extra in stook 81? Also one:
Radio Corp ssO in cash go onS-haf Shars Of Radio
(AA) lOSs In stock. (ww) with warrants (xw) with"
warr0ntA (S) Ex.dvidOnd Ct) Ex-righta
The Washington times., 1933-04-17
WASHINGTON STOCKS
SALES


Washington Gas IS B, 5000
103A.
Washington Railway As, $1,000
@85.
1906. sos, sos, 1906, 2@6.
Mergenthaler Lintoype, 100 %,
1923.
AFTER CALL
Capital Traction Co., 1906,
1906.
Capital Traction IS, 5000 40.
$50O@40.
Washington Gas SIS SO, $1,000
@85A.
Washington Gas SIS 1860, $1,000
@103A.
Washington Gas SIS SO, $1,000
@851a.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-13
Southern California Plans Reconstruction
Banking System, Is
Approaching Normal
Institutions Being Rsopensd A. Rapidly A. inspection Routine
Can Be Accomplished; Gold Hoardsrs Face New
Threat BY Federal Government
(By the Associated Press)

Press)
President Roosevelt addresses nation opening
overhaued by the federal nations
funconng without restrictions
cial strongholds.
In the IL federal cities
presidents
banks also started operating
stSctions. " - =
Thousands other liquid reopen Tuesday
nesday. - 40
Deposits reported exceeding many
In no instance there difficulty
Foreign trading firm
The New York stock exchange
few days. - ~ :
Iowa were open under the regulations Of the banking
Afla Of Boston outside
Withdrawal Of gold prohibited hoarders
to return their metal
the opening which matter
approve.
Il to that the primary needs public met.
available to
Reconstruction Finance Corporation
"A
Savings banks invoking
put by order OF state banking board will limit Withdrawals temporarily
425 Al
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-13
Agricultural Dictator
Planned in WQshirQtO1,
Proposal Is to Give Secretary
Power to Tell Groups
What They Want

Washington, March l3.-(R-Farm
Organization leaders completed Mon.
day the draft Of q proposed measure
to extend to Secretary Wallace sweep
ing powers to deal with agricultural
relief and planned submitting It ia
President Roosevelt later In the day.
confident Of winning his approval.
The leaders are hopeful Of having
the measure recommended to congress
by the president for action on an
emergency basis 30 as to make possible
relief In time to affect crops Of this
year.
The agriculture committee Of the
Chamber Of Commerce Of the United
States also met Monday to consider
the proposal. Under It congress would
delegate to Wallace the power to work
out solutions for different crops UNI
der whatever plans he regards Is best
suited to each,
He would be able to apply portions
Of the Smith cotton bill. which was
accorded q pocket veto" by President
Hoover, to cotton in the south: the
leasing plan to wheat and other crops:
and portions Of the domestic allot-
ment plan to other commodities.
w. r. Ronald, Mitchell, s. D., news
paper publisher, chairman Of the
group which outlined the plan to the
president Saturday, said today he re.
garded the proposal "as q happy solu-
ton Of the farm problem"
They were predicting that Roose-
welt. In . special message soon, will
recommend enactment Of the legisla-
ton.
II congress approved before the re-
cess. as is the present plan, Secretary
Wallace could apply his powers to the
production Of tobacco, cotton, wheat,
corn. hogs. cattle. sheep. rice and
milk and its products.
This plan was discussed by farm
organization representatives with
President Roosevelt on Saturday q
the one thing that was likely to end
continuing differences over the
proper thing to do.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-13
Local Banks Will
Open by Wednesday

Bismarck banks will open We'd
negday ct the latest, Z. T. Mccain
M. vice president Of the First Ma
tional bank, said Monday.
Local bankers doubt that they
viii be permitted to open Tuesday
with banks in $50 other cities
throughout the nation because they
are not certain that the Bismarck
clearing house association L
recognized"
President Roosevelt,s proclama.
ton Sunday night permits banks
IN cities with recognized" clear.
ing house associations TO omen
Tuesday, with banks In cities In
which federal reserve banks sre
located opening today.
Bankers here doubt that the
local association = recognized"
because It does not have . regular
examiner, In addition to nationa!
bank examiners, g l. the case In
other cities. No specific lnstruc-
lions IN tho matter have been re.
ceived. however. outside q the
proclamation itself. McCanne std.
NO list q the clearing house
cities II which banks win b por.
mitted 70 open Tuesday has ban
Asued by tho government. a IT
OF clearing house cities distributed
BY new8 agencies Saturday MINI
and pubnahed n Sunday morning
papers was not the official LIT 81
those selected By the treasury Tor
Tuesday opening. according - The
Associated preas.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-13
ROOSEVELT WOULD
MAKE LEGAL BREW
AVAILABLE once
Recommendation Is Contained
In Special Message Of
Two Sentences
PART OF BUDGET SCHEME
Estimated Revenue Of SIPS.
600, 900 Would Help Balance
Federal Finances
PART OF BUDGET SCHEME

Washington, March 13.-(R-Presi-
dent Roosevelt, In q surprise special
message to congress Monday asked
for immediate enactment OF beer leg
islation.
In message Of two sentences. tho
president said:
I recommend to the congress the
passage Of legislation for the immedi-
ate modification of the volstead Act.
in order to legalize the manufacture
and sale Of beer and other beverages
Of such alcoholic content as Is per
MISSILE under the constitution: and
to provide, through such manufacture
and sale, by substantial taxes, . prop-
er and much-needed revenue for the
government. Il deem action at this
time to be Of the highest Importance. !.
The president considers revenue to
be derived from beer taxes very i'm
portant to his budget-balancing pro-
gram, official estimates Of the amount
expected running to above $l25,O 900 900
annually.
The president reached his decision
suddenly to ask for the beer measure
at this time. It was an elemental mart
Of his budget-balancing program
which he hopes to put into immediate
effect.
Apparently the decision to propose
the measure was reached when Il vas
realized the house Il standing by
vs,ik1s nS@ss tsscS~>>~~ ~-,HnaV~ 49,
takes up consideration Monday Of
the Roosevelt economy measure.
Bill II Ready
A bill based on Roooevoitb rocom.
mendation will be introduced and re-
ferred to the ways and means CON-
mtttee, with q view to action b. the
house not later than "Wednesday.
"The house win act On Il before
congress Is recessed" said Speaker
Rainey.
He said he did not know whether
action would be sought BY the senate
before the recess.
I'VE hope to get tho beer hi
through the house by "wednesday"
Rainey said.
'"The unemployment relief propos-
ais will not be acted on until after the
recess. Neither win agriculture relief
legislation. That's too complicated"
Rainey said there had been plenty
Of hearings" on beer legislation and
that no more would be necessary.
The beer legislation must origin-
ate in the house and q quick meeting
OF the ways and means committee.
which approved q 3.5 per cent beer
bill last session, was arranged.
The information about such q quick
recommendation by the president for
beer took house leaders by surprise.
They first had been informed the
president would withhold further
messages until after q recess.
They explained. however, that the
request was based on the presidents
determination to steady federal H.
nances - soon as possible.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-13
REFUSE TO DEFER
ECONOMY PROGRAM
Foes Of Presidents Plan Suffer
Severe Setback az Sen.
ate Fight Opens

Washington. March l3-R)-The
senate Monday tabled . motion By
Senator McCarran Oem., NeyJ. to
refer the Roosevelt economy program
to the judiciary committee.
Failure Of the attempt to seud The
bill to committee represented Z -
we're setback for foes Of the leeisle-
ton.
It's advocates Immediately expreas-
ed more confidence that the drasttc
authority requested by Presidant
Roosevelt over veterans and 1edAral
payroll costs would be granted Within
the next several days, the house hav-
ing already voted In favor.
After . Republican conferenoa
Monday. Senator McNary-the partv
leader-said no effort was made g
bind the Republicans on the hill Int
he was lied TO believe from tie dis-
cussion that . substantial majority
Will support the preSident Ia tho pas-
sage Of this measure"
All tho discussion. he aid. dali
with the veterans section by vhich
the president hopes to save 1lo0.000-
900 In federal expenses
Some Republicans fayored cnnras-
tng the bill 10 limit the casts g Vt
Grams to Is. % or - Ia Per cent,
ana It was Indicated Senatpr 49,
inson Rep., Iowa. would propeae a
amendment with the Is per oont Nmit
instead Of the Discretionary po0ef.
The senate vote On tabline t. 49,
solution to send t5e bill . conniftee.
which constituted the first 80 AZ
senate sentiment, was q . 8, D.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-13
IS OF "a BANKS IN
MINNEAPOLIS AGAIN
!. ARE DOING BUSINESS
Gold Coins and Certificates
Held Intact; May Demand
Oath on Withdrawals

Minneapolis, March l3-(FeEigh.
teen Of Minneapolis ~ national
state, savings banks and trust com.
panies opened for normal bushes.
Monday.
The 10 national banks Of the city
all federal reserve members. were re.
opened - were one savings bank, one
trust company and six state banks
Five state banks and one trust COM
pany remained closed.
State banks, prepared to take adj
vantage Of the lifting Of federal re.
strtctions. viii Omen In six Minnesota
cities Tuesday. John N. Peyton. state
commissioner Of banks. said.
Cities In which national banks have
been given specific permission to open
Tuesday are st. Paul, Duluth, Winona
Rochester, Faribault and Red Wing.
Newspaper advertising in Minneap-
oils and st. Paul increased Monday
The opening banks here did q brisk
business ct the start In cashing pay
checks. but otherwise reported only
normal activity.
Commissioner Peyton said the pub
lic should understand that where q
bank fails to open on the day permit
ted under federal regulation, it does
not mean the bank = unsound. He
said It win take . number Of days be-
fore the state banking department Il
able to act on all the hundreds Of ap-
plications received. asking authority to
reopen.
A complete audit win be made OF
every state bank In Minnesota to
determine its condition before permits
sion Is granted to reopen.
Under New Regulations
Minneapolis banks were operating
under new regulations to hold tight
the governments control Of gold and
to prevent what President Roosevelt
calls the unpopular pastime" Of
boarding.
In issuing these regulations, Sec
Rotary Woodin reminded that no
business could be done with gold coins
Continued on Page Seven)
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-13
Ghost Writer for,
Hoover Succumba

Warrington, March l3-R}-Etsnch
0trother, the man who supplied Pres
dent Hoover with much q the am.
munition for his Speeches.' died IN Z
Washington hospital early Monday Of
pneumonia. f
h contracted = cold ct the inatl-
gurAtion on March 4.
otyotheE technically uas admins
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-13
PRESIDENT ASSERTS
FINANCIAL MACHINE
MUST HAVE SUPPORT
Says Groundwork Laid But Peo'
pie Must Join in Move
For Money Revival

Warrington. March 13.-ReThe
normal process Of money exchange
was In order for America Monday
with the assurance Of President Roo
Isevelt that I'VE have provided the
machinery to restore our financial
system"
1T = up to you to support and make
1t work." he told the nation. 'The
banks will take care Of all needs"
Plenty Of currency based on 'ade-
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-13
American Dollar Is
Above Par in Paris

Paris March 13.-{ReThe AmeTi-
can dollar shot above par Monday In
tradings here.
In late afternoon dealings the rate
fluctuated between 25.48 and 1850
| francs.
On March ;. before the declaration
OF the bank holiday In America, the
close In Paris was 2532h francs.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-13
Robbers Are Fooled
By Bankers at Work

Chicago, March 13.-(R)-Six o..
ficials Of Z building and loan IS
sociation. decided to save money
by doing . redecorating Job them
selves Downing overalls they were
hard at work when four robbers
entered and ordered them to open
the safe.
I'VE only work here and don't
know anything about the safe"
aid one Of The officials.
Tbs robbers left In disgust. 1T
must have q bum steer We got"
one q them said.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-13

Helena. Mont. March l3-K-Qov.
ernor John I. Erickson Sunday nigh:
Issued : PROCLAMATION modifying his
bank holiday decree Of March I to the
extent that hanks In Montana may
reopen Tor normal banking business
only" upon Mcense to b Issued
through federal authorities or. In the
ease Of non-,nember state hanks, the
|state sllp0ginton6ant E h1nkk
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-13

Here are same scenes from the area
In Southern California which graph
cally portray the force Of the disas-
ter which struck at Long Beach and
neighboring cities.
/ At the top Is = row Of stores In
Long Beach. ripped open by the ire
mOrS.
Center Is an interior view Of q drug
store In Walnut Park after its shelves
had been emptied and the ceiling
caved In by the force Of the disturb
ance.
Below are sailors from the d. 8.
fleet carrying IN injured victim to q
hospital.