davidaulloa/AmericanStories huggingface dataset:
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-04-07
CHICAGO

CHICAGO its fair
Anybody with half a dollar and
bus fare to Chicago any time after
June l can get more entertainment
and education in a short time than
has been crowded into one place in
a long time.
The Chicago Century of Progress
Exposition, although unfinished,
has already attracted more than
$4,000 paid admissions. In seven
teen principal buildings and I'M
numbered smaller ones will be
shown more interesting and in
structive exhibits from all the
world than have been seen in one
place in America since the San
Francisco worlds fair of 1915.
1t may easily turn out that Chi
cago's show, putting money into
free circulation again, will prove
the Stimulus to business that will
finally smash the depression.
THOMSON . after 80 years
Elihu Thompson, eighty years
old, is still working, still inventing
Not so widely known as Edison,
Professor Thomson ranks among
men of science as the foremost liv-
ing inventor in the electrical field.
He invented electrical welding,
among other things. But before
that he made the primitive dy-
namos work, perfected the electric
motor and done many other things
to make electricity turn the worlds
wheels.
Professor Thomson's enthusiasm
in the field of astronomy led him
to try to find a way to make big
ger and better telescopes. When
past seventy he invented a method
of fusing quartz so that it can be
worked like glass, and fused quartz
let's in a lot light which, glass
bars out, SO the biggest telescope
lens in the world is now being made
out of Thomson's fused quartz.
The human mind never stop.
working and growing as long a
the body endures. We may yet heal
of startling new inventions by
Elihu Thomson.
Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1933-04-07

is that all men are not equal, at
least in ability. But let prosperity
return and with it will come a new
crop of incompetents getting by
on their name and assurance.
Evening star., 1933-07-29

ing to q ruling by the law department
of the Federal Reserve Board.
The question arose in connection with
a recent request to the Federal Reserve
Board from a State mefnber bank for
permission to purchase stock in a ma
tional bank being organized to take
over the assets of another bank. The
purchase was to be effected after June
Is, 1898, the date of approval Of the
banking act of 1898.
The board held that the provisions Of
section 8 Of the Federal Reserve act. as
amended by section (c) of the bank
ing act Of 1888, make State member
banks subject to the same limitations
and conditions with respect to the pur-
chase Of stock in other corporations as
are applicable in the case Of national
banks under paragraph seventh" Of
section 5136 Of the Revised Statutes as
amended by section Is Of the banking
act Of 1888. Under such provisions Of
section 5l36, national banks may not
purchase stock in another corporation,
other than in certain cases permitted
by law, which do not include the pur-
chase Of stock in another national bank.
Norfolk g. Western got minor wind
fall through tax refund Of $729, 1882
on payments made almost a decade ago.
If the refund is included In the roads
income account this year. it would in
crease per share earnings on the COM
mon by, roughly. 81 cents.
N. & W.,s June earnings report, and
Evening star., 1933-07-29
SPECULATION CURB
. HELD BENEFICIAL
Markets Are Given Chance
to Recuperate From "Cor-
rective" Break.
BY JOHN L. COOLEY,

Associated Press Financial Writer.
NEW YORK, July 29.-With trading
hours curtailed and extreme huctua-
tions of grains limited, financial mar
kets were able to cool down this week
and recuperate from the recent cor
rective" movement.
Wall Streets second thoughts on the
smashing decline of the previous week
bore out its earlier conclusion that the
tanning Of speculative spirits had been
timely and beneficial. especially since
there was no evidence that the break
had been more than a delayed technical
checking Of prices.
Quotations in major markets tended
higher through most Of the trading
period Stocks. as measured by the
Standard Statistics-Asosciated Press
averages, rebounded from 76.6 on Fri
day, July 81, to 84.8 on Thursday, July
81, sliding back a little yesterday when
the market closed for the week. The
extreme recovery was about 40 per cent
of the break from the years peak
reached July Is, and represented
natural rebound.
Wall Street took things easy on Fri
day, wondering meanwhile as to when
the widely expected secondary reac-
ton" from the recovery would appear
Most brokerage houses felt that such a
movement was probable and traders be-
gan to take sideline positions pending
developments. Pool interests were quiet.
The week brought striking evidence
of second quarter accomplishments by
business. United States and Bethle-
hem Steel Corporations reported a bal
ance of income from operations, both
making public the best statement since
1881, General Motors had a very
profitable three months. It's earnings
OF 80 cents common share were about
eight times those Of the same quar-
ter last year.
Evening star., 1933-07-29
Wall Street Area Crowded
Despite Holiday on Exchange

admitted they had been approached
to join q union. Although some sabot-
age acts were committed in the few
strikes last week, clerks in Wall Street
are inclined to watch their step. 1t Is
easy to get black-balled by the ex-
charges. in which case 1t is absolutely
impossible to get work In the district
In any financial houses.
Now that clerical work is pretty well
cleaned up. some Of the errors and the
costliness thereof have come to light,
and brokers frankly assert that it does
not pay to squeeze pay rolls. Any one
would be glad to accept as q fortune
the cost of errors in the Street during
the recent crash.
One firm sold XYZ stock at 117s
This was sold through another firm.
Meanwhile the specialist cold XYZ
stock at 11%. The first firm got the
specialists. sales report instead Of the
sales report Of the second firm. Over
worked clerks noticed amounts and
price corresponded. 50 the orders were
matched and cleared.
looking up the records Of some of the
XYZ sales. which 1t had sold through
the specialist but had received no re-
port on. Meanwhile the stock had gone
up to 16. So far as the public was
concerned there was no error. for the
seller had his check and the buyer his
stock, but somewhere, somehow, 100
shares Of XYZ had to be produced and
the price difference was around s437.
(Copyright, 1887
Evening star., 1933-07-29
,pecial Dispatch to The star.


NEW YORK, July 29.-The 1inancial
district was crowded today, though tie
various security exchanges, the Cohee
and Sugar Exchange and the Cocoa
Exchange, were closed. Banks. how
ever, were all open. So were the Cot
ton Exchange, the Commodity Ex-
change, Inc, and the wool market.
Furthermore, all brokerage offices had
almost q complete staff Of partners and
all clerical forces on hand to clean up
accumulated work so that the regular
opening at 10 am. and the usual five
trading hours on Monday may be
smoothly accomplished.
Many brokerage houses today were
busy putting on additional workers,
though the latter frankly were told
that permanent positions could not be
promised. as work would depend on
continued active markets.
Meanwhile, efforts to unionize Stock
Exchange firms clerical forces con-
tinue- The newspapers, one financial
publication excepted, have disregarded
the sporadic strikes of employees: in
some brokerage concerns-flare-ups,d d.
rectly due to the strain of long hours
for weeks. They likewise have ig-
nored, first, the efforts of Communists
to stir up trouble in Wall Street, and
now the endeavors of the American
Federation Of Labor to unionize clerks.
Clerks are more cloee-mouthed about
strikes and unionization efforts than
they are about some of their employers
market secrets. though a few furtively
Evening star., 1933-07-29
Washington Produce
WHOLESALE PRICES.

Butter-One-pound prints (93 score),
27; tub. 26; one-pound prints ,92
scoreJ. IS; tub, IS; one-pound prints
100 score), Is; tub, "a.
Eggs|Government graded. extras.
22h; mediums. 1917; standards, 1917:
hennery whites. 16als; fancy No. /, is;
current receipts, l3al4.
Poultry, alive-Iurkeys. hens, 10:
toms. 8; chickens, Plymouth Rocks, la
lS; mixed colored, 13al4; Leghorns,
12a13; hens, mixed colored, 10a12; Leg
horns, 7a8; ROSTERS, 5a6; capons, 25a28.
Poultry, dressed-Turksys, hens, Is;
toms, IL; chickens, Plymouth Rocks.
17a2l; mixed colored. 16a18; Leghorns,
15al6; hens, mixed colored, l2al4; Ler.
horns, l0al1; roosters, CAT; capons,
Meats-Beef. IL; veal, 10; lamb, l6;
pork loins. IL; fresh hams. IA; smoked
hams, 16; strip bacon, is; lard, 9:
compound, 81a.
Fruits-Watermelcns. 2Oa4o; canta-
loupes, 50a1.50; honeydews, ITS;
honeyballs. 2.25a2.75; apples, 75a1 90;
peaches. 75al.50: oranges, 3.25a400:
lemons. 4.25a5.50; grapefruit. boxes,
ESQ; bushel baskets. Local. rs; lines,
2.0oa2 so: plums l.50al.75; apricots,
200: bananas, l.o0a3.oo: alligator pears,
A.oooE.VO, PSdic, o.OOdc pldChUtIIlcS,
2.00a2.50; huckleberries, 200a2 so;
grapes. 800.
Observation-Disclosures, barrel, 4.O0a
4.50: sweets. l.25a1 so; tomatoes, 2-peck
baskets, 75a1 90; onions. 50-pound sacks,
1.25a1. so; beets. per 100 punches, ESQ;
carrots, per 100 punches, ESQ; turnips,
IS; squash, 50a75; string beans, 50a
100; limas, 1.50a2.00; spinach, 125;
kale, 50a75: celery bunch, IS; cucum-
bers, so: peppers, so: cabbage, 75a1 90:
corn, LOCAL .25; okra, 2-peck baskets.
50a1 90: lettuce, Iceberg, 3.75a4 90; New
York. 75a1.00.
Evening star., 1933-07-29

that for July, should cheer the holders
Of the roads securities. In both months.
the road has had a huge increase in
its tra1ic over the like month of 1882,
which will be reflected in wide increases
in gross revenues. Net for the first
five months Of the year was equal to
$40 a share on the 1.406,4 ,483 common
shares. against $2.78 a share in 1882.
N. e. W.. like the other roads serving
the West Virginia coal area. the Wall
dif1erential in wages existing between
that field and the Northern mines is
narrowed sharply. Some narrowing in
that spread Is contemplated under the
code for the bituminous coal industry
The probability that the code. as finally
adopted, will contain q wage scale pro-
vision has been . factor in holding
back the stock.
Evening star., 1933-07-29
FOREIGN EXCHANGE.

NEW YORK. July 90 CH.-ro1 ;sn e.
chanss hrm Great Britain in dclla~t. a lers
cables. .4.2:ls; 60-day bills. 4.5I'5: --..sIict,
demand. 5.32; cables. So; Italy demand.
t.15 cables. 1.15. Demands-BclgIum,
Norway. 2:.sO; Sweden. 23.35: Denmark.
Portugal 4.25l2N: Greece. .16N; Poland.
Son: Czechoslovakia. 4.o2N; Jugoslavia.
l.0OlaN; Austria. 5;90N:. Rumania. SON:
Argentina. 34.51N: Brazil. SON; Toxic.
$500 Shanghai: $3.50; Honekong .i..13f7:
Mexico City (silver peso. 2S.40; Montreal
in New York. 92.939.; New York in Mont-
real. 107.62h. Nominal
Evening star., 1933-07-29
NEW YORK PRODUCE.

NEW YORK. July 90 0P.-Butter. 5.7s1
weaker; creamery. higher than extra 22laa
23A: extra (92 scorel; 22A first ts7-91
lied go scorel. PA; packing stock. current
make: No. ]; 15a151s; No. .. l4al4la.
Eggs. 24.6I1. steady: mixed colors un-
changed: standards and commercial stand
isIsa14: mediums. 40 pounds. ISai3.
dirties, No, l.. AZ pounds. 12a12ls; average
Dressed poultry. steady to weak: un-
changed; live poultry. weak; no freieht QUO
tations; all express grades UNCHANGED.
Evening star., 1933-07-29
Baltimore Markets
Special Dispatch to The Star.

Special DISPATCH 10 Inc othr.
BALTIMORE, Md. July 29.-White
potatoes, new, barrel 175a4.00; sweet
potatoes, bushel, 1.00a2.50; beans,
bushel, 5oa75; beets. per 100, 1.50a2 90;
celery, crate. LOCAL. so; cucumbers,
hamper, Isaac; eggplants, hamper. so;
lettuce. crate, 25a75: lima beans. bushel,
75al75; onions, per 100 pounds, 100a
l.25; peppers, hamper, 25a35: peas,
bushel, LOCALES; tomatoes. hamper,
25a60; squash. hamper, 10a20; spinach,
basket. 40a50; apples, bushel, 25a1 90;
grapefruit. box, 200a2.50; peaches,
bushel, 60a1 so; blackberries, crate, 200
a350; watermelons. 10a30: huckleber-
ries, crate, 2.00a275; cantaloupes, crate,
25a125.
Dairy Markets.
Live poultry-Young chickens, 12a20:
Leghorns, 10a13; old hens, 1Oal4; Leg
horns, 10; old roosters, TAG; ducks, 7al2
pigeons, pair, 10a15.
Eggs-Current receipts. Halls; nearby
firsts, 16a17; hennery whites, 16a2l.
Butter-Good to fancy creamery,
pound. 21a25; ladies. 17al8; store
packed. Is.
Evening star., 1933-07-29
Chicago Grain

CHICAGO, July 29-Severe new
downturns in grain values here early
today followed sharp price setbacks in
wheat quotations at Winnipeg. Selling
operations in Chicago took on large pro-
portions before adequate buying power
was attracted
Opening 25s s-41s cents down, wheat
afterward rallied somewhat Corn
started 1hs-27s cents off and subse-
quently held near the initial range.
Helping to rally wheat prices from
early doWnturns was an unofficial de-
mestic crop summary by a Chicago tx
pert. This summary estimated the
United States total wheat crop this
season at 467 100000 bushels. against
the July Government forecast of 496,-
100000 bushels and last years harvest
of 726,000,000 bushels.
Domestic Spring wheat was unoffi-
cially figured as only 1873, 900 900 BUSH
els. with the harvest deterioration in
Northern North Dakota and Pacific
Northwest.
Evening star., 1933-07-29
CHICAGO. JuIy 90 (P.-

Poultry-Live, receipts, eight trucks.
ROSTERS. Z; turkeys, 1Oa11: sprins ducks,
Rock fryers. I2a-I4; colored. 1o: Rock
Springs. n; colored, is; Rock brolers.
12iaa13; colored. liz: Leghorns> Hall "a.
Butter. 4.7S5, weak; creamery. specials
t93 score) 2lha21s. extras (93l: 2oa+;
extra frsts 19o-9D: 20ha20R; frsts 49, g.
standards go, centralized carlotO. .2034.
Eggs. 1859. weak: prices unclaimed.
Evening star., 1933-07-29
BALTIMORE EXCHANGE
HOURS WILL CONFORM
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE. July 29-1n order to
conform with the New York Exchanges
the Baltimore Stock Exchange, begin
ming Monday next, will open at 9 am.
and close at pm. There will be no
trading on Saturdays from today until
September 9
Evening star., 1933-07-29


Publicity Committee:
He was president Of Washington Chap
ter In 1882, and was editor Of Dollars
and Sense, the chapters publication,
from 1926 to 1929. During that time
Dollars and Sense won national honors
as being the best chapter publication
put out In the United States.
The young banker is a graduate of the
institute and holds certificates for spe-
cial work In trust functions and In pub
lie speaking. While he was chairman Of
the Educational Committee the first
certificates were awarded for public
speaking, and during that time WASH
ington Chapter had its first entry in
the Gianinnf national public speaking
contest.
The work Of Washington Chapter dur
ing the present year is to be Of special
importance from an educational stand
point and also because the chapter Is
booked to entertain the National Insti-
tute Of Banking convention here next
June.
Utility Figures Impressive.
Much comment has been heard in
the financial district over the report
on gross earnings Of the Washington
utility companies. recently summarized
ana a0alyZeQ Dy 6yeIS M. bdcnmdn,
chief accountant of the Public Utilities
Commission Gross incomes Of the six
leading companies amounted to $34,-
9l3,734 in 1882. OF these receipts,
$l3 .908 900 was spent for salaries.
The Potomac Electric Power Co.
showed the most profitable operation
last year. the figures revealed. OF its
Sill ,103, ,351.1l gross income, A per cent
was checked Of as net corporate in
come while l9.1 per cent went for labor
and costs.
The Chesapeake & Potomac Tele-
phone Co. ranked second among the
local utilities in net operating income.
OF the company's gross earnings Of
$9.S93, ,s6781, 1859 per cent represented
net operating income while 80 per cent
went for labor costs.
The Washington and Georgetown Gas
Light companies showed the next most
profitable operation. OF the $6,28l,-
S32.5l representing combined gross
revenues Of the two companies, 1877
per cent was charged to labor.
Gross revenues for the Washington
Railway & Electric Co. and the Capital
Traction Co. totaled $8,138, ,682.64 of
which only 2.98 per cent went for net
operating income while 47.71 per cent
was chargeable to operating costs.
Bank Stock Purchase Ruling.
A State member bank cannot pur-
chase stock In a national bank, accord
Evening star., 1933-07-29
cARLoAolNoS. TOTAL .
DEPARTMENT STORE SALES

Automobile production passed Mays relatively high
record and for last years corresponding period
Building continued their gan and steel and iron
production registered increases.
Electric power production maintained gain in keeping
with manufacturing activity Carloadngs continued their
upward trend.
Wholesale commodity prices advanced rapidly. and the
average of all commodities passed the June Of last
year.
Evening star., 1933-07-29

By the Associated Press.
CHICAGO. July 80 dP,.-The hog market
opened at low level today. with little
interest shown in the slightly increa sed
offerings. In the absence of early sales.
a price level 10 to 15 cents lower and. a
probable top of 81 so was expected. Cat
tie and sheep were steady.
Evening star., 1933-07-29
New York Cotton
BY the Associated Press.

NEW YORK. July 29.-Cotton futures
opened barely steady. to 4 higher.
with only a partial response to better
1852; December. 1884: January, 1921;
March, 1l.06; May, 1l.20; July, 1138.
Offerings were not heavy. but demand
was limited, and prices worked of after
the opening. December sold down to
1864. or 3 to 6 points net lower on
the general list Failure of the rela-
lively firm Liverpool cables to inspire
more active buying was attributed to
feeling that differences between the two
markets yesterday had been too na:-
row. Houses with Liverpool connections
we're sellers here during the early trad
ing.
Cotton futures closed steady, 2 higher
Evening star., 1933-07-29

Federal American
National Bank q
Trust Co. for some
years, has been ap-
pointed chairman
Of the Publicity
c o m m lite e Of
Washington Chap
ter, American In
stitute of Banking,
President Robert H.
La cey announced
today.
Mr.. Dooley has
had q great deal to
do with the news
end Of chapter ac-
tivities. He is. q
former chairman of
the same commit
tee and has also
Evening star., 1933-07-29

~ USINESS activity reflected in the report of the
x National Industrial Conference Board. quckened
its rate of gain during June and the frst half Of
July.
The report shows that roughly 40 per cent of the
ground between 1929 and March, 1888 has been
regained since April the gains in productions
and shipments in the past six weeks have at time
of seasonal recession
Evening star., 1933-07-29
BANKER APPOINTED
PUBLICITY CHIEF
A. O. DooIey Named to Act
for Washington Chapter
of Banking Institute.
BY EDWARD C. STONE.

Aubrey o. Dooley, who has been con-
nected with the trust department Of the
Evening star., 1933-07-29
. SILVER QUOTATIONS.
CHICAGO LIVE STOCK MARKET

NEW YORK. July % (P-Ba- c:l-
yer easy, 5s lower at 35l2.
Evening star., 1933-07-29
Cotton futures closed steady, 2 higher
CHICAGO PRODUCE.

Spot quiet; middling. 1880.
Evening star., 1933-07-29
BONDS.

(Copyright. 1888. Stand. Statistics Col
Evening star., 1933-07-29


---
81
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-22
RLANTYRE

BLANTYRE, June 22.-Mrs
F. H. Holden spent Tuesday with
Mrs. r. V. and Mrs. W. X. Dun
can.
Miss Geneva Drake spent the
weekend on Mills River with
relatives.
Quite a few of the Blantyre
people attended the childrcn's
day at Etowah Sunday.
Rev. F. H. Holden was the
dinner guest Of Mr.. and Mrs. j,
T. Justus Sunday.
Little Bruce Justus, son Of Mr.
and Mrs. Clannie Justus, receiv,
ed a bad cut on the head Thurs
day caused from the throwing in
to an apple tree when one of tho
objects thrown into the tree fell
and struck the child in the head,
Mr.. and Mrs. y. H. Fitzpatrick
of Hendersonville, were in the
Rlantyre section one day last
week visiting Mr.. Kilpatrick'S
sister, Mrs. Walter Gray, who is
quite i'll at her home.
Mrs. G. w. Hayes of BrcVard
spent the weekend with relatives
here.
Several of the children that
had been staying at home witt
the whooping cough were out at
Sunday school Sunday morning
1t is hoped that all the mem,
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-22

berg of the B. Y. P. U. will be
present Sunday night as it is the
regular time for the election OF
all officers
John McKinna and family and
J. I. Justus were in Brevard Sat,
urday afternoon.
Raymond Reed called on Mr.
and Mrs. Clannie Justus Sunday
afternoon.
Mrs. w. II. Duncan and chill
dren called on Mrs. Eli Higgins
and Mrs. Coats Cassell at Cher
ryfield Monday.
Mrs. C. f. Reid and children
Robert and George Ann, of Bre
ward, spent Thursday Afternoon
with relatives here.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-22
,Janitors' School
Is State Plan
The 'rimes-Ncws Bureau
Sir Walter Hotel

RALEIGH, June 22.-The SUM-
mer schools for school 5anltorS
will be held again this summer, IN
order to give them instruction IN
the best methods to use in tlrlng
school heating plants with a mini
mum coal consumption ana m
other details pertaining to the
maintenance Of school buildings,
it was announced by Leroy Mar
tin, executive secretary of the
stale school commission.
These two summer schools Tor
;anitors will last for six days each
and will be under the direction OF
r. u. Beam. heating engineer Tor
the school commission, assisted ny
members of the engineering rae
ulty at State College. The school
for white ianitors will be held
here at State College from July .
TO 8 inclusive, while the school 10"
negro janitors will be held at the
State A. & T. College for negroes
in Greensboro from July 81 to
August 5.
The cost of registration, III
struction and room and board
while attending these schools will
be paid by the state, although
those who attend will have to
make provision for their trans
portation to and from the school
and also provide their own bed
linens and towels. All school jan
itOrs, maintenance men and Gus.
todians will be eligible, to attend
these schoos, and the certificatioN
of their county or city superinten'
dent.
The first schools of this sort
were held last summer, under the
direction Of Mr.. Beam. A tota
! Of 1876 white janitors and custo
dams attended the school at State
College and ll6 negro janitorS at
tended the school at Greensboro
Figures compiled by Mr.. Bean
show that the better methods
learned by the janitors at these
schools saved the state more thar
$4,000 last winter in fuel costs
alone. He believes these schools
! this summer will save still more
next winter. County and city su
pcrintcrdents are being urged tC
have as many of their ianitOrs a,
possible attend these schools.