davidaulloa/AmericanStories huggingface dataset:
Evening star., 1933-08-25
Corporation
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, August 25.-The follow
ing Is today's summary of corporation
news prepared by Standard Statistics
Co., Inc, New York, for the Associated
Press:
Aviation Corporation, subsidiary OF
American Airways, Inc, carried 150,879
pounds Of air express in seven months
ended July, 1888, as compared with
ll7,079 pounds during entire year 1882.
World silver production in July ap-
proximated 12.609.000 fine ounces
against 1881 900 in June. according
to American Bureau of Metal Statistics,
and production In first seven months
of 1888 totaled 81, ,961 900 fine ounces.
Gillette Safety Razor Co. declared
common dividend of rs 3095 cents a
share: amount increased from 25 cents
share to compensate for per cent
Federal tax
Household Finance Corporation
Loans by company in June were AIS
per cent above March, 1888.
Libbey- -Owens-Ford Glass Co. regis
ters 10000 shares with Ohio Division
of Securities to be sold to employees;
"a, ,070 shares at $2625 q share, 1900
at Sl5.25 and 24030 at S625.
Standard Oil Co. Of New Jersey holds
67l2 per cent of the capital stock of
United Petroleum Securities Corpora
tion. a holding company organized in
Delaware for French interests of this
concern. Gulf Oil Corporation and At
lantic Refining Co., which were trans
ferred to the new organization in 1929,
new listing application covers 100000
additional s25 par shares for fourth
employees stock acquisition plan. Sub
scription price during latter half of
Of ehor raI
with $3.50 a share in last six months
of 1882. Subsidiary, Carter Oil Co., ad-
vances price of midcontinent crude oil
10 cents barrel Announces increase
of 4 cent gallon in tank wagon and
retail gasoline prices through territory,
except Pennsylvania and Delaware; !;
also marks up Essolene tank car price
y cent along Atlantic seaboard
American Shipbuildtng Co-Direc-
tors take no action on November l
quarterly common dividend; paid so
cents share August l, 1888.
International Mercantile Marine Co.
Effect of merger of Cunard Steam
ship Co., Ltd, and White Star Line,
| Ltd, on this company said to be as
yet unknown; United States Lines Co.
may build a new liner in the Man
haitian class; five freighters owned by
Leyland Line, subsidiary, have been
sold.
British-American Tobacco Co., Ltd,
releases $6,249,240 in gold from ear
mark to the United States Government
American Gas g. Electric Co. common
share earnings, IL months ended July
81. were $1.78 VS.. s2.79.
De Forest Radio Co.-Principal and
interest ON 6 per cent notes paid July
Is, 1888.
Loew's Inc.-Strike affecting Holly
wood studios Of this company and
other principal moving picture con-
Germs has been ended; work to be given
5000 strikers as rapidly as possible,
not to be taken back in body.
New York & Richmond Gas Co. pre-
ferred share earnings, months ended
June 80. were $3.50 vs.. 5000.
Evening star., 1933-08-25
BUYING CONTINUES
At BETTER LEVEL
Resistance to Higher Prices
Lacking and Retail Stocks
DWindIe.
BY the Associated Press.

By the Associated Press.
NEW YORK. August 25.-Dun q
Bradstreet. Inc, in their weekly trade
review today. said that while the peaks
Of June and July are becoming more
infrequent, resistance on the part Of
consumers to higher prices Is yet to be
discerned In slackened rate Of retail
demand.
The agency asserted that "distribu-
tive totals continue to mount, and it is
the exception when q report from even
one of the small centers does not re-
veal the attainment Of better level
than at this time q year ago"
Benefits Far-Reaching.
Progress In all parts OF the coun-
try" continued the review, including
some Of the most harassed farm dis
tricts, reflects the far-reaching benefits
of the sustained buying movement.
which is gaining velocity with each
passing week.
"The belated Summer recession Is
most pronounced in the industrial di-
vision. as wholesale trade has been
maintained at somewhat higher level
than a week ago, and for retail sales
further increases have been recorded
Due to the extremely poor showing last
year at this period, because of the re-
stricted purchasing power and the
mounting numbers Of unemployed, re-
tail sales are running from to as high
as 80 per cent above the comparative
totals Of August, 1882.
Orders Hard TO Get.
1T appears that the bugaboo of
sharply built-up inventories, which has
caused 50 much discussion, has turned
out to be q phantom, As merchandise
has been moving uninterruptedly into
consumer channels. Retailers now find
that their stocks will be inadequate to
satisfy demand Of any extended pro-
portions when Fall buying will have
assumed its full stride, and are being
confronted with the growing difficulty
OF obtaining immediate shipment OF
merchandise for which orders are on
file"
Evening star., 1933-08-25
NEARLY HALF OF NATIVE
WHITES OWN HOUSES
az the Associated Press

BY the Associated Press.
About 49 per cent of native white
families in the United States owned
their homes in 1880, 1t is shown by the
Census Bureau. In communities under
10000 population. IS per cent OF native
white families lived In owned homes,
but only Al per cent owned their homes
in larger cities.
There was a much larger number Of
owned homes in the smaller COM
munities since 56 per cent Of the ma
tive white families lived in COM
munities under 10000. This figure was
divided "a per cent on farms. and 81
per cent in towns, under 10000. OF the
1O,255, ,682 owned homes in the United
States, 63 per cent were found to be
located In places of 10000 or less.
Evening star., 1933-08-25
Chicago Grain
BY the Associated Press.

BY the Associated Press.
CHICAGO, August 25.-Bullish senti-
ment ruled the grain markets today, al
though the volume Of dealings showed
no great increase.
Announcement that the London wheat
conference had reached an agreement,
talk of imitation and firmness of secur-
tiles gave grains sharply higher open
ing. Wheat was up almost cents q
bushel and corn 3, but reactions car
ried away part Of the gains. Traders
were little Influenced by the London
agreement as portions Of it were con-
fusing, and all interests prepared to
await Qualification Of the obscure points.
Trade in all grains Jagged after brisk
opening furry.
Wheat closed firm, 2B to 81 cents
above yesterdays finish.
Corn also firm. 1s4 to 2ss higher.
Oats 1al3s up. and provisions to
coptc odvonred
Evening star., 1933-08-25
DEPRECIATION ACCOUNTS
ARE REVISED BY B. & O.

BY the Associated Press.
NEW YORK. August 25.-The Balti-
more & Ohio Railroad Co. has revised
its equipment depreciation accounting
methods to a straight line instead OF
service-mile basis, effective as of
July l last.
The change. disclosed in the roads
application to the New York Stock
Exchange for listing additional bonds
was made at the suggestion of the
Interstate Commerce Commission.
The new system will make equip
ment charges constant, regardless of
trafnc and earnings.
Evening star., 1933-08-25
New York Cotton
BY the Associated Press.

NEW YORK, August 25.-An early
advance Of approximately $1so Per bale
in cotton today on covering ANA gen
eral buying promoted by the credit
expansion policies Of the Federal Ee-
serve banks was followed by moderate
reactions under realizing and Southern
selling. December contracts, after SELF
ing up to 9.89 or 20 points net higher,
eased to 9.74, but were holding around
9.83 during the middle Of the afternoon,
when the market was steady at net
gains Of 18 to % points.
Cotton futures closed very steady, 20 to
% higher.
Evening star., 1933-08-25
Construction Revives.

NEW YORK. August Is tP).-Heavy
engineering construction is showing
signs Of revival as the public works
program gets under way, says Engi-
neering News-Record Contract S
awarded in the week ended August 81
totaled SIS, 1851 900, compared with an
average Of approximately $4,000, 900
for the preceding nine weeks.
Evening star., 1933-08-25
U. S. TREASURY POSITION.
By the Associated Press.

BY the Associated Press
The position of the United States Treas
ury August 23 was: Receipts S64 535,-
6796o: expenditures. S67. .719942 O3: bal
ance, 81 212 .331 ,O94 80; custom duties for
month. S@4. 173. .43513
Total receipts for fiscal year (since July
II S3l5,349 424 "A; expenditures. S535 .955.-
3a9 76 Gncluding S193.5S5. .O4O.S9 emer-
gency expeuditures) excess of expenditui es,
$2oO,605 975.02.
Evening star., 1933-08-25
Cash Grain Market.

Cash Grain Market.
CHICAGO, August as R.-Wheat.
No. hard. &c. corn, No. mixed,
5le5l1k; No. 2 yellow, 51a5l17; No. l
white, 5412; oats, No. 2 white. 38a39;
rye, no sales; barley, 42a46; timothy
seed, 4.50a475 hundredweight; clover
seed, l0.0oa12.75 hundredweight.
Evening star., 1933-08-25
CHICAGO STOCK MARKET

CHICAGO. August 25.-Following Is
the complete official list of transactions
in stocks on the Chicago Stock Ex-
Evening star., 1933-08-25
STATEMENT is ISSUED
BY new YORK RESERVE
By the Associated Press.

BY the Associated Press.
NEW YORK, August 25.-The state
ment of the condition Of the Federal
Reserve Bank of New York at the close
of business August % shows:
nn.aI nn1d roearras AQQk n6h Q0n
Evening star., 1933-08-25
CREDIT EXPANSION
PROGRAM SPEEDED
Reserve Purchases at Fast.
est Pace Since Present
Drive Started.
BY the Associated Press.

By the Associated Press.
NEW YORK, August 25.-The Fed
eral Reserve Systems purchases Of Gov
ernment securities in the last week were
the largest since the credit expansion
drive got under way more than three
months ago.
Recently, purchases had averaged
about t10,000,000 q week and observers
had thought that the expansion would
be allowed to taper of. The systems
holdings Of Federal obligations now
total $2,094, 900 900, a record total, COM
the campaign was launched by the
recovery push.
johnson Stand Stressed,
Many in Wall Street traced the re-
newed activity to the statement of Gen.
Hugh s. johnson, national recovery ad-
ministrator, on Tuesday that CONNER
cial bank credit was not being extended
rapidly enough to meet the needs Of
reviving industry. Whether the Re-
serve Board acted on a request by the
general was not known here.
Increased purchases of Government
securities from commercial banks Of the
country will serve to increase their ex-
cess reserves, now estimated at half a
billion dollars. or a sufficient sum to
support approximately $4,000 900. 900 in
additional bank credit. Theoretically,
this situation should force commercial
banks to find profitable employment for
their resources. notably in loans to GUS
toners, since yields on Government Sc
curities, bankers acceptances and other
short-term investments decrease as
money rates ease. So far, however,
many banks are said to have found q
scarcity of acceptable loans.
Evening star., 1933-08-25
Linked With Imitation.

Wall Street was particularly interest
ed in the expanded activity Of the Re-
serve System as it appeared to bear on
the whole problem Of imitation. Advo-
Gates of more aggressive initiation have
been urging the Government to act, and
the apparent decision OF the Washing
ton authorities to give credit expansion
through normal channels another test
was viewed by some as indicating that
outright currency expansion was being
avoided.
Evening star., 1933-08-25
TX, August IS R.-Stocks
MINING EXCHAUGE
NEW YORK, August 25-Mining Ex
NEW YORK PRODUCE.

tations. for eggs in the wholesale cash mar
ket today were:
Mixed colors--special packs. 17'4ae2:
standards. 1534a17; firsts 14Aa15; sec
onds. 13a14; medium I2ha1334; dirties.
12Mal3A; checks.
receipts. specials. 24a26h: standards, ga
23La; undergrades. 17lza21.
Browns-Nearby and Western special
packs. 19a26; standards. 17a1S.
Evening star., 1933-08-25
COMMODITY PRICES.
NEW YORK, August 25 OP.-Index of Is
staple commodity prices:

sWeekly price. 1892. Nominal
Copyright, 1888. by Moody'sD
Evening star., 1933-08-25
pONnS

1000 La S st B 5ias SO 80 30 80
Stock sales today. $4,000 shares.
Bond sales today $1,000.
Evening star., 1933-08-25

NEW YORK. August 25 LP-Butter. re-
ceipts. 1882 tubs; firm; creamery, CEN
tralized 900 score). 21Ha21h.
Cheese. 114,S54; steady. UNCHANGED.
Dressed poultry. steady to easy; un-
changed. Live poultry; steady to frm:
broilers, freight. 13a17: express. Halo;
roosters. freieht and express, 10; ducks,
express. II; other freight and express un-
changed.
Evening star., 1933-08-25
Washinnton Stock Exchange

Wash. Rwy g. Elec. 4s-S1 900 at 8912.
AFTER CALL.
Mergenthaler Linotype at 26.
Bid and Asked Prices.
BONDS.
Evening star., 1933-08-25

Total gold reserves. ........
Total reserves
Bills discounted:
Secured by United States
Government obligations. .
Other bills discounted
Bills bought IN open market
Total United States Govern
ment securities ...-...
Total bills and securities. =.
Uncollected items .......
Federal Reserve notes in &C
tual circulation ........
Federal Reserve Bank notes
in actual circulation. 80.
Deposits:
Member bank reserve &C
count .....
Total deposits. s..........: ::
Ratio of total reserves t,
Federal Reserve note Habili
I'll 3 per cent.
Evening star., 1933-08-25
BALTIMORE STOCKS.
Special Dispatch to The Star.
BALTIMORE, August "a
Italian Rayon Increases.

Rayon production in Italy last year
Was 70,70l, 900 pounds.
Evening star., 1933-08-25

Spot quiet; middling. 9.55.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-02-21
GREAT RECORD
FOR BLIND BOY
LEONARD WARREN Ar
AHEAD OF MANY OTHER
OF STUDENTS

Leonard Warren, blind son Of
Mr.. and Mrs Leonard Warren,
and nephew Of County Commits
sioner Braxton b. Warren. Is max
ing an enyiable record at the
school for blind ct 81. Augustine.
Leonard Is just / 5 years old but
he is far ahead Of = number Of
other boys who are at the school
much older than he Is.
In English his rating IL 81;
typewriting, So. arithmetic, 90;
geography, %; spelling. %; con-
duet, 81; weekly average, 50, and
general average, 90.
In the gymnasium his record Is
on par with bis ratings in the
academic course. Here bis aetigi-
ties show an average Of 81; weight
f02 y pounds and conduct, good.
His studies At piano show 81
average Of 10, and choral work. IS.
In vocational training his chair
Gaming brings bis average up % -
and broom making 70 81, giving
him q weekly average Of 81 aHd
= general average Of IS, with
conduct mark Of 95.
Members Of the family are
proud II Lecnard'a accomplish
nents AZ the record given 70 The
Citizen showA
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-02-21
PROCLAMATION

Tomorrow February 22nd, is the birthday Of George
Washington the father Of country the first first
in and first in the of his eounsrymen but
fitting TO honor his by suitably observing his birth
day remind the that he did
for stimulates those patriotic
which have made Of great nation And shosIA
be grateful TO him for his sacrifices and his services
therefore, Mayor Of the City Of KEY West. proclaim
February 22nd holiday request that Suiaahls
should be made OF the dag. ~euld like fer ell
merchants give h.liholday their clerks and ell
employers Of labor give such hours Of holiday
veneniy be without dsrupting disorgaaixiag
their business Neshng viii be Lost anyena by
ing the Of first president. the Father
Coantry and eonfident appreciated by
who aberaE for aud who n.ing life
civ.n sadsr my h.ad shi. zis. day Of February A. D.
1879.
w. n. MALONE, M.yov.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-02-21
PORTRAITS TO Be
PAINTED HEREFOR
SENATE CHAMBERS
u D C E JEFFERSON B.
BROWNE AND LATE W..
HUNT HARRIS, PAST PRESI-
DENTS, OF KEY WEST
(By MARIE CAPPICK)

Frank Townsend Hutchens, in
ternationally famous artist, has
arrived and will paint a portrait of
Judge Jefferson B. Browne, of the
goth judicial circuit of Florida.
He will also paint portrait of the
late Hon. W. Hunt Harris, presi-
dent of the Florida senate in the
legislative session of 1907.
This is a part of an important
commission that Mr.. Hutchens has
to paint all of the past presidents
of the Florida senate, which are
to be unveiled in the senate cham
Der at the opening of the legisla-
tive session converting in Tallahas-
see in April.
In selecting Mr.. Hutchens to
paint it's distinguished statesmen,
the state has also asked that he
serve in an advisory relation rela-
tive to art for the official COM
mission selected from the senate
to represent Florida for the Cen
fury of Progress in Chicago, it is
stated.
Attention which will be called to
Florida through paintings in the
Florida building, and other forms
of art representative of the state,
will be of inestimable value, Mr..
Hutchens believes.
Mr.. Hutchens' work has been
internationally honored. He has
painted in Venice, Capri, Tunis,
San Tropaz, in Kotwijk-on-the-
Sea, and in Picardy.
The painting of scenes in Tunis,
work of this artist, are outstanding
in the world of art. Four of his
canvasses which were purchased
and presented to art museums in
Syracuse and Rochester, N. Y. are
Tunisian subjects. One of his
paintings has recently been hung
in the Corcoran Art gallery, at
Washington. ID. c., and famous art
centers of Europe have shown his
exhibits.
Key West is indeed proud to
have the portrait of two of her
sons painted by such an eminent
artist as Mr.. Hutchens, and equal
ly leading Florida statesmen in the
senate chamber of Florida.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-02-21
SHoLTZ FAvoRs
VOTE BY STATES

JACKSONVILLE, Feb. 21.--
The Jacksonville Journal quotes
Governor Sholtz on prohibition
repeal as follows:
Congress has submitted the
whole question of prohibition re-
peal to states which is the right
and proper course provided by the
federal constitution.
1.-THE issue now becomes one for
the individual states. II is my de-
sire that the people of Florida
have an opportunity to vote upon
the whole question of state and
federal prohibition without I'M
delay.
Il shall recommend to the
legislature that these questions be
to the electorate of
Florida in prescribed manner"
The Journal got the statement
over the telephone from the gov
ernor's mansion.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-02-21
J. SCOTT GIVES
OUTLINE ON BABY
BOND PROPOSALS
REPRESENTATIVE GATHER
ING AT COURT HOUSE LAST
NIGHT WHEN PROPOSITION
WAS DISCUSSED

Before representative and at
tentive gathering in the county
court house last night, John r..
Scott gave a comprehensive OUT
line of his proposed baby bond is
sue.
Mr.. Scott, who is the father of
the idea and is thoroughly con-
versant with practically all other
methods of self liquidating plans,
impressed his hearers with the
feasibility of his ideas.
He explained in detail the meth
cd of issuing the bonds, the stamp
liquidating coupons and the simple
manner in which the necessary
overhead expense is taken care of
with the minimum cost to those
who accept and help to carry the
program to a successful issue.
After a number of citizens were
heard on the subject and discus
sions on certain points that were
not clearly understood brought
about further explanations, a COM
mittee was appointed to meet with
Mr.. Scott and go further into the
proposition.
The committee, composed of
Mayor VIM. HI. Malone, Council
man S. Owen Sawyer, j. r. Stow
ers, A. D. Leuthi, Charles III.
Ketchum, Wesley p. Archer and
Ellis Archer, met with Mr.. Scott
10 o'clock this morning in the of
flee of Mr.. Malone.
The baby bond proposition was
taken up and discussed from every
phase, those phases that were not
quite clear being explained by Mr..
Scott.
After the plan and its various
ramifications was talked over for
almost two hours, a number of
valuable suggestions as to changes
in the present plans that are bet
ter adapted to the situation in Key
West were discussed.
To bring about these changes a
committee consisting of Mayor Ma
lone, Mr.. Scott. Mr.. Ketchum and
Mr.. Sawyer will meet tomorrow
morning in the office of Mr.. Ma
lone and make the necessary
changes, modification and addi-
tons, and appoint the time for an
other meeting at which it is hop
ed that every person, in no mat
ter what line of business, will be
present.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-02-21
Man Taken I'LL Aboard
Ship Brought To Port

Piter de Vries. a member of
the crew of the Sun Oil Com
pany's tanker Sunbeam, taken i'll
on the ship, was brought ashore
Sunday afternoon and placed in
the Marine hospital for treat
ment.
A radio message to the Porter
Dock Company advised of the
mans Illness and the tug Petrol,
with Captain A. r. Sharpley in
charge, was sent out by Manager
Charles Taylor for the sufferer.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-02-21

the standards of misery of earlier
times will be removed and pros
poets of a much higher standard of
living will be in sight.
Favorable Factors Cited
There are number of favorable
factors. One is the fact that we
have prohibited immigration and
our population is increasing much
more slowly than it was. If we have
fewer people among whom to di-
vide the gains, each will get more.
The second favorable factor is
that our natural resources will be
plentiful for at least decade and
.probably for a much longer time.
The third favorable actor is in
vention and chronological develop
ment. which gives every prospect
of yielding a greater and greater
production of wealth. With these
three factors favorable if the eco
nomic organization can be made
to function better, it ought to be
possible to contemplate within the
lives of perhaps many of the read
ers a much higher standard of liv-
ing for most of our countrymen--
far above the poverty level.
Other Problems Stand Out
Two other problems should be
mentioned. One is to try to raise
the standard of living in those few
regions less favorably situated as,
for instance, in outlying towns and
villages, and among the sub-mar-
ginal farms. The second problem
deals with certain percentage of
mankind who still will remain the
victims of accident and circum-
stances. For these more in the
way of provision of social insur-
ance against disease, unemploy-
ment and old age will be, needed.
On the whole the outlook is very
dark for the next few years and
will demand the intelligent appli-
cation of all of the forces of So
ciety, but in the long run the pros
pect is bright for world without
poverty.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-02-21
]. H. Knowles Dies Last
EUening; FuReral Today

John Henry Knowles, age 81,
died 6 o'clock last evening in his
residence Number 2 Thompson
Lane, after a lingering Illness.
Funeral services are being held
4;40 o'clock this afternoon from
the chapel of Pritchard's Funeral
Home. Rev. J. T. Coulliette of
Fleming Street Methodist church
officiating.
The deceased is survived by his
widow. Mrs. Iris Knowles; three
sons. Charles. Louis and Carl
Knowles; one daughter, Mrs. Ray
mond Lones; one brother, Living
ston Knowles of Tampa; one sis
ter, Mrs. Mamie Sweeting of Nj
ami. Due TO illness in both Of
their families. neither Mr.. Know
les nor Mrs. Sweeting were able
to come 10 Key West for the
funeral services.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-02-21
EICHTY-ONE ARE
KILLED BY BLAST
in CHINA TODAY
ONE HUNDRED AND TWENTY
INJURED WHILE TEN WERE
MISSING FROM EXPLOSION
IN RUBBER FACTORY
tIly Associated Prcssl

SHANGHAI. Feb. 2l.--Eighty-
one persons were killed, 100 in
jured and 10 missing today after
an explosion an two gasoline
vuleanixers in a Chinese rubber
factory in East Shanghai.
OF the injured. so were takea
to hospitals while the remainder
escaped with only slight injuries,
These figures appeared to be
the total toll of the blast as reseu-
ers virtually completed a search of
the ruins
OF the known dead. 70 were
girls. Bodies Of the victims were
placed in a vacant lot near the
factory, while relatives sought 10
identify them.
Some of the injured are expect
ed 20 die. Police were unable TO
determine the cause of the blast.