davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1933-11-20
New York City Bank
Issues Hit NeU Lou

The New York city bank stock
market reached a new low for the
year on November 16, with an ag-
gregate market value of $1,044,-
271,O 900, compared with $1,141, 482.-
900 at the close on November 10,
a decrease of $40, 100000, or 3.5
per cent.
There was a sharp rally at the
close of the week, however, the
aggregate market value reaching
$1,101 ,O74,000, an increase of $685.
100000. or 54 per cent over the
new 1888 low.
The current average yield of
the Is stocks of TIP per cent, com
pareS with yield of Isl per cent
reported on November Is and 6.87
per cent reported on November 10.
The Washington times., 1933-11-20
ARM EXPORTS
IN Bic LEAP

Success OF one phase OF the
work of the Agricultural Adjust
ment Administration was claimed
today with the announcement
from farm officials that wheat
exported from North Pacific
ports during October was equal
to nearly half the total exports
during the entire marketing year
Of 1882.
BY virtue Of the efforts of the
North Pacific Emergency Export
Association, formed under terms
of a marketing agreement put
into operation by the AAA, more
than 100000 bushels of wheat,
in terms Of wheat and flour, left
the Northwest for the Phillip.
r%leS, Ireland, Japan and Cen
trail American countries during
last month.
Aim of the association is to
export 100000 bushels of sur.
plus Northwestern wheat.
The Washington times., 1933-11-20
Lumber Sales
Set Record

Lumber orders at the mills
for the week ended November
IL were the heaviest since
May, 1880, and were more
than double those Of the like
1882 week the National Lum-
Der Manufacturers AssOcia-
ton here reports.
All regions reported orders
above production for the pc
riOd.
Production for the period
was 174,894,OOO feet, ship
ments, 169,597, 900 feet and
orders 311,662,OOO. All re-
giOns reported orders ex-
ceeded output for the period.
The Washington times., 1933-11-20
SHOWS
EASIER TONE

NEW YORK, Nov. 20 G.N.S0.
The dollar was slightly easier to-
day, with the rate declining to
61.40 cents from 61.84 cents on
Saturday, in terms of French
francs.
British pounds sterling re-
bounded cents to $1,000. This
brought sympathetic rally of 20
to % points in the Scandinavian
exchanges and lifted the Canadian
dollar % of & cent to 3M per cent
premium over the dollar.
French francs gained 312 points
to $40 cents, Belgian belgas 6 to
22.73, Swiss francs 10 to 31G60, and
Dutch guilders % to $3.50.
German marks gained IS at 80
cents, italian lire 4 at 1852, and
Spanish 5 to 1927.
The Washington times., 1933-11-20
GROCERY SALES
SHOW RISE

October grocery store retail
sales were / per cent greater
than for the same month last
year, the Department of Com
merce announced today. Prices
have risen during the year, how
ever, so the figures indicate
purchase of fewer goods by the
public.
october sales this year were
3.6 per cent greater than Sep
TENDER sales, whereas the sea-
sonal advance last year was only
1.6 per cent.
These figures are furnished by
grocery chains operating more
than 70 per cent Of chain units
in this country. Figures are
based on daily sales to eliminate
the effect of differences in the
number Of working days to the
month.
The Washington times., 1933-11-20
October Sales Jump
For Lincoln National

F. v. McNair, Washington rep
resentative of the Lincoln Ma
tional Life Insurance Company,
reported today that his COM
pany's October business was the
best of any month in the 10 and
was % per cent larger than in
September. He commented:
although credit for this ex-
ceptiOnal business record may
be attributed in large measure
to a special sales contest, it is
evident that general business
conditions were better or the
record could not have been
made"
The Washington times., 1933-11-20
News Of Trade
Betternent

Fisher Commodity index
rises S points in week. -.
Steel outlook reported better
by magazine Steel. =. Octo-
Der passenger auto produc-
ton 1925 per cent ahead Of
year ago, r. L. Polk and
Company estimates. E. Gro
Gerry sales in October / per
cent above like 1882 month,
Department of Commerce
finds. :. Big earnings gain
for 453 corporations reported
by Moody's Investors Serv-
ice. :. Improvement plumb
ing supply trade reported by
Dun and Bradstreet Inc....
Econostat composite index OF
business activity well above
year ago.
The Washington times., 1933-11-20
Diagnosed
Thinkers"

age, and depends upon what
they are.
You can't regulate the height
Of any given building by passing
a law that the average height of
buildings shall be so and so.
We may wish for higher prices
or stable prices, but that should
not make us reason that we can
control any particular prices by
working on an average price.
Circulation Expansion
I heard another economist say
that we must have expansion of
circulation. Certainly, we all
want to see this, and what he
meant was that when business
gets good there will be expansion.
There is no disagreement about
that.
But should our wishes lead us
to incorrect thinking? Should we
try to get a result without cause?
To my mind, it is difficult to
see how we can get real and
lasting expansion unless it
comes as the result Of better
business conditions. A forced
circulation of money which no
one wants, is apt to stop as
soon as the force is stopped.
Again, we all want strong banks
We wish our banks to have ample
capital-and if wishes would do it,
banks would never fail.
Government Borrowing
So We decide to have the Gov
eminent borrow money and ad-
vance it to weak banks by buying
their preferred stocks. We even
try to cover up the implication of
weakness by making the strong
banks take the Governments adj
vanceS along with the weak ones.
But in doing this, and similar
things, we weaken the Govern
ment'S credit. Government bonds
then go down, and as they are
one of the chief assets of the
banks, we find that we may be
hurting banks as much as help
ing them.
"If wishes were horses, beggars
might ride" But il we want to
ride really, we have got to think
straight. This we cannot do ii
we deal with price averages, ex
pansion and banking soundness
without considering the causes
which alone can give the desired
! results.
The Washington times., 1933-11-20
COTTON STEADY.
AND TREND IS
UPWARD

NEW YORK, Nov. 20 U.N.SO-
Cotton futures maintained a
steady tone today with prices
holding a few points above the
previous closing level.
There was a fair trade demand,
mostly foreign, and scattered buy
ing by Wall Street, wire houses
and professionals.
Selling From South
New orleans and the South sold
in moderate volume while COM
mission houses liquidated Deem
Der for the first notice day, next
Friday.
Manchester reported that Egyp-
tian and South American inquiry
was broader last week, but that
other markets were quiet due to
the weeks monetary upSetS.
The long range weather forecast
for this week indicated generally
fair with temperatures slightly
above normal the first part of the
week in the Central and East Gulf
States, with occasional rains and
moderately cold at the close.
Warmer in West
In the Southern Plains and
West Gulf States mostly fair
with temperatures normal and
above, except colder toward the
end of the week, was indicated.
Midday prices were up 2 to 5
points with December up 3 at
10, January up 5 at 1000, March
up 3 at 1925, May up 3 at 1899,
July up 2 at 1851, and October
up 3 at 1889.
The Washington times., 1933-11-20
WESTERN DAIRY PRICES

CHICAGO, Nov. 90 s.).-Butter:
1881 tubs; unsettled: old cars, 10;
new, %. Creamery extras, 22hc; stand
firsts, 1871 q zoe; seconds, 17Q171ss; spe-
Gals. 221a 023Ac.
Eggs-1,7S9 cases: steady; old cars,
/. Ordinary current receipts, 21024c;
fresh graded eStra frsts less sn1n car, cars
less than cars, csc; cars. csc; dirties,
12@14Ec; checks. 1O@13hc.
Cheese-Cheddars and twins 126
12hc; daisies, prints and longhorns
1914 @12%c.
The Washington times., 1933-11-20
Americans
AS "Wish
BY LEWIS HANEY
professor Of Economics,
New York University


Are we wish thinkers?"
That is, do we want some
thing, and then adjust our red
Soning according to our wish, so
as to prove that what we want
is good and feasible?
For example, most of us want
temperance and an end of the
The Washington times., 1933-11-20
Investment Trusts
ShOU Little ChQnqe

Investment trust securities were
irregular during the past week.
The average for the common
stocks of five leading manage
ment trusts influenced by the
leverage factor, as compiled by
Observation-Disclosures, Inc, stood at
1927 as of November II, COM
pared with 1885 on November 10.
The low for the current year to
date was 8.22 on March 81.
The average OF the non-lever-
age stocks stood at 1894 as of
the close November IT, compared
with 1898 at the close on No
vember 10. The average Of the
mutual funds closed ct 10.4a, com.
pared With 1904
The Washington times., 1933-11-20
DOubLeddy-HW Co.
GrLInOU Radio Agent

CHICAGO, Nov. 20.-The Dou-
bleday-Hill Electric Company, OF
Washington, D. c., has been ap-
pointed distributor in that area
for Grunow radios, manufactured
by the General Household Utili-
ties Company, William c. Grunow,
president, announced here today.
Ten models are offered, ranging
from 5 to IL tubes, including an
advanced remote control set with
a self-tuning device known as
"Si-lec-trol."
The Washington times., 1933-11-20

old saloon evils.
So some jumped
to the conclu-
sion that pro-
hibition is good
a n d feasible.
Later we find
by experience
that it does not
work we'll and
does not give
us what we
want.
Just so, we
all want more
stable prices,
and an end to
The Washington times., 1933-11-20
Chesapeake e Ohio
Falls for October

October net income of the
Chesapeake and Ohio Railway
Company, after all charges, was
$3,066,7O9, or $785,203 under the
corresponding month last year.
Ten months net income was $23,-
400, 566.57, an increase Of $4,171,-
401 40 over the corresponding
period of 1882.
Railway operating revenues for
October were $9,971 ,333.18, a de-
crease of $813,920.56, and for 10
months $4,000, 06O.48, an increase
Of $7,637,754.84.
The Washington times., 1933-11-20
WOOL MARKET

NEW YORK. Nov. 20 I.N.S.) .-wool
steady, domestic fleece unwashed, Ohio
and Pennsylvania, 27042c; domestic,
pulled, secured basis, 81 @1O0; domestic,
Texas clean basis, 72@S3: domestic ter
ritory, clean basis, 63@84.
The Washington times., 1933-11-20
Demand for Spots
At Liverpool Good

LIVERPOOL, Nov. 20 G.N.S0-
There was a good demand for
spot cotton at the opening today
with prices easier. There were
no receipts.
At midday middling fair was
quoted at 6.16d, strict good mid
ding slid, good middling said,
strict middling 5.21d, middling
5.O6d, strict low middling Add,
low middling 4.68d, strict good
ordinary 4.46d, and good ordinary
4.16d.
Futures opened quiet and steady
with January at 49Od, March
4.92d, May 4.95d, and July 4.97d.
The Washington times., 1933-11-20
NAVAL STORES

NEW YORK, Nov 20 s).-Tur-
pentine. Savannah, holiday, New York,
1917. Rosin. Savannah, holiday; New
York, sos. Linseed oil. per h.. 81 car
lots.
The Washington times., 1933-11-20
GERMAN STEEL OUTPUT

Raw steel output in October to-
tailed 715,000 tons, against $4,000
tons in October, 1882.
The Washington times., 1933-11-20
CLEVELAND LIVESTOCK

CLEVELAND Nov. 90 Q.N.S). Hogs:
Receipts. 5000 market active. prices
steady, top and bulk, 1856.
Cattle-Receipts, 1000; market very
slow; heavy cattle getting poor action.
Calves-Rocoipts, 500; market steady,
action fair; receipts grading common.
SheeT-Receipt 5000, market steady.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-14
PRICES
MOVE DOWN IN
ACTIVE SESSION
Cattle. Calves Unchanged:
Sheep Market Steady
at $3.50 Down.

Porker prices at the local stock
yards this morning lost practically
all of Mondays increase. Most all
classes were 10 cents lower than the
previous average. The bulk. 100 to
275 pounds, sold at $500 to 81
Weights scaling 275 pounds and
up held at 1870 to $685., while
lighter weights from 100 to 100
pounds, was Salable at $3.50 to
$500 Trading was active. Re-
ceipts we're estimated at 5000 Hold
overs 101.
All indication remained near
steady in the cattle market. with
early steer trade not fully developed.
Bulk ranged from 81 to S.. She
stock displayed little change. Veal
ers resumed a steady trend, selling
at 81 down. Cattle receipts num-
bered 900; calves, 500.
Only slight action was shown III
sheep and lamb trading Most
classes were dull at Mondays mar
ket. Bulk of all western lambs
sold at $3.50. Receipts were 500.
Few bids on hogs at Chicago held
strong to 10 cents higher than Mon
days average, while others re-
NAMED steady. The bulk, 1870 to
30 pounds, was bid in at S41O to
s415.
Heavier weights scaling 270 to $50
pounds was bid at $685.. Asking
held at 1895. Receipts were esti-
mated at 1900, including 5000 di-
rect; holdoyers. 1000. Cattle re-
ceipts numbered 1000; calves. 1000;
market strong. Sheep receipts were
10000, market strong.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-14
FINAL TRIBUTE.
PAID SENATOR
Howell Funeral Is Held at
Omaha: Leaders of
State Mourn.
BIZ Tnited Press

By United Press
OMAHA, March 14.-In Simple
rites Nebraska today paid final trib-
ute to its Junior senator, Robert
Beecher Howell, who died Saturday
in Washington
Political and business leaders
gathered here at 7:30 a. m. when the
train bearing the flag draped casket
reached Omaha. Senators George
w. Norris of Nebraska and Robert
D. Carey of Wyoming and Repre-
sentative Burke of Nebraska &C.
companied the body
From the train the casket was
borne to the late senator's home
where it was to remain until 2.3C
p m, when funeral services were
scheduled at Trinity cathedral
Dean Stephen Mckinley was to con-
duct the brief service.
Almost all public offices in Oma-
ha closed for the day.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-14
COMMODITIES
SHOW FIRMER
PRICE TRENDS
Business Failures Again
Register Decrease Over
Previous Week.

Business failures throughout the
United States during the past week
again displayed a large decrease,
according to Dun g. Bradstreet,
Inc, weekly business review. Fail
ures are smaller than any preced-
ing week this year.
Business defaults during the
week mounted to 556, against ST.
and SOB, respectively, in the two
preceding weeks, and $50 in the cor
responding week Of 1882.
Steel output has been further
restricted as result of the bank
ing holiday. Operations now are
approximately Is per cent Of ca
pacity,
Food List Firm
Pig iron during the last month
has shown a gain in each daily
average. Structural awards offer
the brightest spot in the steel in
dustry.
Approximately 10,500 tons are in
demand to be used mostly on post
Office projects in the western section.
Future operating depends wholly on
the amount of business that devel-
ops after lifting of the bank mora
forum.
Commodity prices during the last
week displayed a more favorable
trend Despite a light volume shown,
prices appeared to display a more
substantial basing than in previous
week. Butter was the only weak
spot prevailing throughout the food
list. Eggs resumed a firm trend,
while garden products held at pre-
vious levels.
Raw sugar displayed steady up
ward movement during the previous
week, with some leading American
refiners announcing that deliveries
will be made only from week to
week on Pei capita basis.
Retail Buying Down
Railroads continued operations on
a small margin, filling purchases of
equipment on immediate require
ments. This made it difficult for the
steel industry to gain much head
way. Several wage disputes are I'M
der consideration in Canada.
Retail buying was reduced to a
lower volume, due to the complica-
ton of purchasers. in obtaining i'm
mediate cash. The decline in sales
was largely among cash customers,
as those with charge accounts
bought freely. Some grocery chain
stores, which ordinarily were on a
strictly cash basis, extended limited
credit to customers of good stand
ing.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-14
The CITY
in Brief
WEDNESDAY, EVENTS

Kiwanis Club. luncheon. Columbia
Lions Club, luncheon, Washington.
Purdue Alumni Association. luncheon.
SEVERN.
American Legion. Twelfth district,
luncheon Board of Trade
League for Hard of Hearing, meeting,
1870. Stokes building.
Apartment Owners. luncheon. Wash
ington.
Marion County Bankers Association.
dinner, $50. Washington.
Cost Accountants dinner, $50, Wash
ington.
Detectives today are endeavoring
to connect Harry Schaub, 20, of 635
Luett street, with theft of three
purses Monday night from a north
side home, the address of which was
among those in a notebook Schaut
carried. Schaub is charged with
drunkenness and vagrancy.
Meeting of Phi Sigma Chi fratern-
ity will be held tonight at at the
Sphinx Arms, in charge Of R. Gale
McCune, vice-president.
Mrs. Mae Marcum Jacobs, founder
of Jobs Daughters in Indiana, will
be honored guest at a covered dish
luncheon of the Indianapolis White
Shrine No. 6 to be given at & IS
tonight in Castle hall, 230 East
Ohio street. Easter ceremonial for
initiation OF candidates will be held
at s.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-14

were duplicated from photographs OF
buildings in the little known district
which serves as a locale for the plot.
A complete rubber factory was
erected as part of the authentic
background, this setting requiring
gallons of raw rubber sap, imported
in sealed cans from Africa and
South America. The actual process
of congealing the rubber with acetic
acid is shown before the camera,
Gable is cast as brutal pIanta-
ton overseer who is involved with a
girl, portrayed by Miss Harlow
Matters are complicated when a
young engineer hired to come and
lay out some roads through the Jun
giles makes his appearance accom-
panied by his beautiful young wife.
Gene Raymond enacts the en-
gineer and his wife is played by
Mary Aston Gable falls in love with
the newcomer and the eternal tri-
angle is formed.
Tully Marshall, Forester Harvey
and Willie Flung round out the cast.
Victor Fleming directed the produc-
ton for the Metro Goodwin
Mayer studios from the John Mahin
adaptation of Wilson Collisions
stage play.
Hal Roach's Taxi Boys in their
newest comedy, entitled Taxi for
Two" featuring Ben Blue, a James
Fitz Patrick traveltalk on Norway"
a Flip the Frog cartoon novelty.
'Nursemaid" and the happenings of
the world picturized by the latest
issue of the Hearst Metrotone News
round out the program.
II n
Other theaters today will offer:
"Cavalcades at English's twice daily,
"42nd Street" at the Circle. Fast
Workers" at the Palace, Private
Jones" at the Apollo, She Done
Him Wrong at the Indiana. kid
from Spain" at the Terminal, and
brlesque at the Rialto.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-14
Produce Markets

Delivered in indianapolis prices: Hens,
heavy breeds over 4l2 lbs, 10c; Leghorns.
77?; Leghorns and black and Leghorn stays.
Va lbs. up. Sc; cocks, SC: Leghorn cocks,
&c, DucEs--Large white fun feather and
fat. over lbs. &c; small and colcred. Sc:
geese full feathered and fat Sc. Young
guineaS, zoe: old guineas. 15c Eggs-No.
t1eSh country run eggs. &c: pullet eggs. &C.:
deduction of 10c per Id. for each pound
under 50 lbs. gross will be made. Butterfat
.-14c: No. butter. 20421c. These Prices
for healthy stock free from feed; no sick
Company.
BY UNITED PRESS
CHICAGO March Eggs Market -
settled. PRICES unchanged 6i2c lower. Re-
firsts, 11a4G l2c current receipts 1OI2@
l054c; dlrties 9s4c. Butter-Market unset
tied; prices l to i4c low; receipts; 1882
ira firsts, 16i2c. frsts, Ice: standards. 17c
Poultry : Market strong receipts, 25
trucks; fowls. 13a 15c: springers. l3tapl
&c; turkeys. ia 15c. ROSTERS. &c; broil-
ers,l l9c; stays. t0c. Cheese-Twins,
On r9c 246 arPaa IS gs3
market firm; Wisconsin round whites. M
@82lac: Idaho russets s1.2Oa125.
NEW YORK March 14.-Potatoes-
Steady; Long Island, 50c0 FPS per Dbl;
Dbl: idaho, 81 5o@2 per sack, BermSda. IS S
$3.50 per Dbl, sweet Potatoes Easy;
Jersey, basket 4OcQ SIS; Southern basket,
40cQ S1.10 Flour-Nominal. Pork-Steady
Mess-sI5.25 per Dbl. Lard.oDull Middle
leum-Steady; New York refined. tic;
crude Pennsylvania, 97c@$1.47 per Dbl
&c per h.. white 29s &c per ID Talow-
STEADY: special to extra. 2A@2ssc per
ID. Common Hides--Dull. Hides-City
Packer. firm; native steers. 5i2c butt
brands Size; Colorados, SEC. Dressed
Poultry Irregular; turkeys, 11Q21c;
chickens, l3G zoe; broilers. 15@ Csc; capons,
I5q 24c; fowls, 8q16c; ducks 8012c; Long
ouidt geese GEESE 7al2C turkeys Hey rI I8@ &c.
ROSTERS, 10q 12c; ducks, ia Ice; fow!s. IS
n zoe. chickens. 13M 23c; capons. 14q Csc
brolers. 13a23c. Cheese-Quiet; state
whole milk fancy to specials. l6a l9c;
Young America. li15 M12c. Butter-Mar-
ket, unsettled creamery, higher than ex-
tras. l794@l8i2c; extra. 90 score, l7g
17l2c: first, 80 to 81 score. 17G17i4c. Eggs
Market. flrmer. special packs, including
unusual hennery selections, 14i2N l5i2c.
standards. 14d1414c; hrsts. 13c; seconds
( AoC.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-14
PORK MARKET
ACTIVE DURING
BANK HOLIDAY
Early Upturn Lost When
Receipts Mount Late
in Week.
BY HAROLD E. RAINVILLE
United Press staff Correspondent

CHICAGO, March 14-The bank
ing moratorium that shut down
grain exchanges and tied up bust
ness in general throughout the
country, brought a convulsive action
in live stock markets this week. Hog
prices at Chicago rapidly climbed
around 80 cents and then backed
down to close the week steady with
last Saturday.
The Chicago Board Of Trade and
other major grain exchanges were
closed. Chicago and Kansas City
kept the cash markets open for
several days, but while there was
good activity in corn with prices
slightly higher, the inability Of sue
cessfully hedging purchases neces-
Stated closing even the cash mar
ketS.
Foreign Mart Higher
Some buying and selling was
transferred to Winnipeg and that
exchange had a sharp rise early in
the week. Later there was a re-
action, but as the week closed prices
again were rising and showed BIS
cents to 3$4 cents over last week.
Liverpool rose IL cents to Us cents,
which was a factor
Other commodity exchanges also
closed. PeriShable markets, such as
fruit and vegetables and poultry,
remained open, but prices were we'll
regulated, and while higher, did not
advance out of proportion. The
Chicago Mercantile Exchange closed
but kept the cash market open to
regulate prices. Eggs generally held
steady and toward the close of the
week tended lower as receipts we're
large. Butter, however, advanced
several cents.
Livestock exchanges were badly
hampered by the business situation
and inability to cash checks East
Buffalo opened late several days and
Kansas City closed for a session.
There was q dearth of supplies
early in the week and prices on hogs
here and elsewhere rushed upward.
Accompanied by fresh loins, prices
for hogs skyrocketed around 80
cents TO a $4.40 peak, the highest
since last September, and the av-
erage price was $425
Prices Close Steady
A mountaineering truck move
ment resulted as farmers sought to
take advantage of the rise and with
supplies around 10000 above a year
ago, the reaction began. AS the
week closed prices were back to the
levels of last week. Other hog
markets advanced with Chicago and
a few chung to parts of their gains
finishing steady to Is cents up.
Initiation markets were the rule in
cattle pens also. Fat cattle gained
Is to rs cents locally but only
yearlings held strong to 25 cents
up at the close. Fed yearlings
brought a $3.50 price at the peak.
Sheep markets f1uctuated abnorm-
ally and after sharp advance,
closed with only 10 to is cents of
the gain held on better grade lambs