davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
HUMPHREYS BOXERS LEAD
Win Three, Draw Two, Lose One in
Battles With Marines.


Battles With Marines.
FORT HUMPHREYS, Va, March g..
Fort Humphreys boxers won three
bouts, lost one and gained draws in
two others, in competition here last
night with battlers representing the
Quantico Marines.
Johnny Jackson scored the Marines
lone victory, getting the decision over
Bill McClain, in the 150-pound division
Summaries of other bouts:
100 pounds-Tom Beninski (Humphreys)
defeated Phil Lopiccolo, DECISION.
164 pounds-George Sallomon (Hum-
phreys) defeated Paddy OConnell, technical
knockout. second round
1873 pounds-Chauncey Reppert (Hum-
phreys) defeated Jack Berry. decision.
100 pounds-Hank Smith (Quantico) and
Bobby Jones drew.
145 pounds-Bud Rupakas (ouantico) and
Frank Lis drew.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
LEAD VIRGINIA BOXERS

UNIVERSITY. Va, March R.-
Thomas W. Fishburne of Charlottes-
VILE and Harold G. Stuart of Okla
hcma City have been elected co-cap-
tains Of the 1884 Virginia boxing team.
Fishburne won the Southern Con-
ference welterweight championship.
Stuart was defeated in the finals Of the
Junior middleweight division.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
TO GIVE MAT, RING TALKS.

Joe Turner, wrestling promoter, will
tell of the modern mat game this eve
ming at 6:15 o'clock in broadcast
over Station VOL. He will be followed
by Henry Irving and Young Van, DIS,
trict boxers. who have been matched
for Portner's next Tuesday night.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
These teams seek games:

Brightwoods, with 1aO-pound foes. oal
Manager Zones. Georgia 4116.
night against unlimited team. Teddy Cap
pelli, Metropolitan SOB. .
Kensington Howitzers. with unlimited
teams North $3.50, before 3 pm.
Saranacs. with unlimited CUNTS having
floors. G. Askin. Columbia S726.
Rainier court. against unlimited team. En-
erSon S10S.
Fort Washington Soldiers. Lieut.. Bidwell,
Alexandria 1245 during morning.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
GREEN TO COACH DRAKE
Former Illinois Grid Star Shifts
From Oklahoma City q.

DIES MONIES, March 8 lP.-V. j.
Green. athletic director and coach at
Oklahoma City University, has been
named head foot ball coach at Drake
Green, a former University Of ILL
nois gridiron star, succeeds Evan o.
(BilD Williams. The latter probably
will remain at Drake as basket ball
coach. assistant foot ball coach and
instructor in new course in physical
I'D,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
LOTT SEEKS CUP BERTH.

PHILADELPHIA, March @.-
George Lott of Chicago, who did not try
for a place on the Davis Cup tennis
team last year, will strive for the squad
this season. Lott recently has been
playing in the South.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
Season Record

High individual average-Crockett, 1852:
High individual game-Crockett. 1856.
High individual set-Crockett. 4O1: Dern'
High in STANDARDIZATION. 10.
High in strikes-Crockett, AZ.
High team game-Barton, Duer & Koch.
6oS.
High team set-Big Print Shop, 1,75O.'
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
ADDRESS WESLEYAN GRADS.

DR.. James L. McConaughy, president
of Wesleyan Mass University. and
A. ]. (Swede) Oberlander. head foot
ball coach Of the school. will speak at
Wesleyan alumni banquet tomorrow
evening at the University Club.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
KEEPS ITS SLATE CLEAN
Twelfth Street "Y" Quint Rallies
to Defeat Raltimoreans.

Twelfth Street. Y. NJ c. A. basketers
rallied in the second half to conquer
the Casino Big Five Of Baltimore. 45-42,
last night at the Y The winners have
yet to lose this season.
In preliminary the All-Stars downed
the Freedmen Hospital Staff, 22-l9.
Summary:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
UNLIMITED TOSSERS
IN FEATURE BATTLE
Mount Vernons to Meet Lazerri S
Clovers in One of Quartet
of Tourney Tits.
MOUNT VERNON court men come
IA to grips with Lazzeris Clovers, q

MOUNT VERNON court men come
III to grips with Lazzeris Clovers, a
combination Of prep school tossers,
in the unlimited class in the feature
game Of four listed tonight in the Dis
trict A. A. U. tourney at Tech High.
The tilt Is slated for 10 o'clock.
In other games, all figured likely to
be interesting, st. Stephens and Penn
sylvania Tire tossers clash at Z O'Clock
in the 130-pound division, War Depart
ment A. G. o. dribblers, l30-pound
champs last season. engage the Triple
petition and the Boys Club and Miller
Furniture Co. fives take the floor at 8
in another unlimited match.
Tomorrow nights card follows:
o'clock-Clark Griffths W. Paddin Daw-
7 o'clock-Jewish Community Center vs..
Dumbarton NJ E., 130-pound class, south
IS oclock--company l. 18th Infantry. vs..
Wilson Flashes class main s9Tr
A. c., unlimited class, main court.
nOTOMAC BOAT CLUB and Griffith
L Consumers battle 1t out tonight for
the Section B title in the Com
munity Center League on the Eastern
High court at o'clock. The victorS
will clash with Sholls, Section A victor,
for the league championship.
Play In the second annual Southeast
Community Center championship court
tourney opens tonight at Hine Junior
High School with two games. Marions
meet the Anacostia Business Men at 8
o'clock and Congress Heights and Sigma
Phi Lambda battle at 9.
Miller Furniture and Buckeyes mix
in the only game carded tomorrow
night Friday night Whirlwinds and
Naval Reserves face at o'clock and
Terry's Servicsmen and Marines at 9.
Swami Service and fremont basketers
battle tonight in Roosevelt High gym
at 8 o'clock.
" FLASHES piled up 81 points
i against 20 for ARGOS to win their
tenth in a row last night. Fry
and Lembeck scored IS and % points,
respectively, for the winners.
Other scores last night:
Departmental League.
Weather Bureau, 10; Standards. Is.
-. Post Exchange, 49, Reconstruction
interstate, 49, G. P O.. %.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
Leading Bowlers
In Major Loops
DISTRICT LEAGUE.
NATIONAL CAPITAL IEAGuE.

Newman TX. Pall. SO 45 231 l64 431 124-5s
Eov sWith T. * Pin! 81 ss IL III III
n Clarke * Pin) 80 so 240 162 4l6 123-8l
Espey &c. ]. ca. 80 55 210 ia 42s 1881
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
Casino 90
FRIENDS SEXTET VICTOR.

Friends School girl basketeers 6e-
feated the Gunston Hall seXtet, 25-l6,
yesterday in brisk competition.
Summary.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
Boys Club GAS Pounds.
Arookland Boys Club. 50; st. Martins IL

Navsl Reserves, So; HsadauaYters Com
Wilson Flashes, 81; National Training
United typewriter Grays. 26; Atlas Sport
Shop. 10.
Brightwood 40: Celtics. so.
Eagles. go: GEORGETOWN Boys Club, IS
Eagles. %; West F, "a.
Sacred Heart A; st. Anthony's, 80.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08

OlllCl SSOl CD Aooe b3SAAo'
Departmental League.
Weather Bureau, 10; Standards. Is.
Post Exchange, 49, Reeonstruetior
interstate, 81; G. p O.. %.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08
noToMAc BOAT CLUB and orifitt

" FLASHES piled up OIL points
/ against 90 for Argols to win their
tenth in a row last night. Fry
and Lembeck scored IS and % points,
respectively, for the winners.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-08

Totals IL , 25
Referee-MlSs Hatch.
Evening star., 1933-09-17
15O ISSUES LISTED
WITH TRADE BOARD
Investment Trusts File Most
Statements Under New
Securities Act.

Registration Of securities with the
Federal Trade Commission under the
new truth-in-securities act up to Sep
tember / aggregated 152 issues for a
total of 68,713,677. according to the
Standard Statistics Co.
Analysis of the registrations reveals
that prospective large-scale industrial
and utility financing is almost entirely
absent from the list. OF the 152 regis
trations. 80 securities to permissible
total of sl31 923,591 involved individual
sums of $1,000, 900 or more. OF these
80 large issues, 80 to total of $104.-
209. 1903 were of investment trusts. The
remaining seven large issues to total
of S27.714,288 were divided as follows:
One insurance company, $4,000, 900;
two mortgage companies. s14.241 ,125;
two public utilities. S6,979 063. and two
industrials, S4.494,100.
The preponderance of investment
trust financing Is even more striking if
the smaller issues are also considered.
OF the 113 issues of less than 81 ,000,-
600 each totalling S36,790,086. 43 to a
total of s16.266. .036 were of investment
trusts. Combining the large and
smaller investment trust financing, rs
out of a total of 152 issues. and $780,
475.339 out Of total of $168,713,677,
or more than II per cent, were regis
trations of investment trusts.
Evening star., 1933-09-17
HARTMAN WILL OPEN
MAYFLOWER OFFICE
Visits From Nations Business
Leaders Expected to Cover
Long Period.

Hartman g. Co. will open a broker
age Office in the Mayfower Hotel to-
morrow morning, Maj. Ferry K Heath,
manager Of the New York Stock Ex-
change firms Washington office, an
nounced yesterday.
The firm is branching out on the ex-
pectation that the national recovery will
continue this Fall, with q resultant in
crease in brokerage business everywhere
The various codes under the N. r. A.
have brought q constant stream of
business men from all parts Of the
country to Washington. Many Of these
men stay here for some time, local
hotels being crowded with some of the
country's leading financiers
Maj. Heath believes this condition
should continue over a long period.
The new office in the Mayhower will
be located on the mezzanine floor. and
will be in charge Of Harry Friedley,
who managed the of1ice Of Wright,
Slade & Co. in the same hotel In the
days before the economic depression.
Evening star., 1933-09-17
D. c. ACCOUNTANTS
To HEAR WOODS|DE
Bradstreet Head Will Sum
Up Recovery-President of
Chapter Also Speaker.

A. D. Woodside. president of Dun &
Bradstreet, Inc, will address Washing
ton Chapter. National Association OF
Cost Accountants. at the first Fall
, meeting next Wednesday evening al
; the Mayflower Hotel He is deputy ad-
! ministrator of the National Recovery
. Administration and will discuss the
{ progress so far made in this great Ma
! tion-wide campaign to bring back pros
perity. A. B. Gunnerson, president OF
the local chapter. and manager of the
department of manufacture of the
United States Chamber of Commerce
4 will speak on Accounting Provisions of
Industrial Codes" The meeting is open
! to the public.
Today the attention of American bus
iness is focused upon the Nations Cap
ital Passage of the national recovery
act, the agricultural adjustment act,
and other legislative measures has ne
cessitated the seeking OF guidance from
Washington on many business questions.
Industry has been granted wide latitude
in formulating programs for self-regu-
lation. and may take collective action
on matters involving price-control. cost
finding, ALLEGATION of production and
competitive trade practices.
Local Chapter Progressive.
Intelligent planning for dealing with
these broad economic questions depends
upon the ascertainment and presenta-
tion of facts relating to business. Upon
the accountant rests the responsibility
for supplying these essential data, while
! increasing recognition by business eX-
ecutives of the fundamental need for
cost records has widened his opportunity
to expand the scope of accounting in its
relation to business management Wash
ington Chapter officials assert.
Recent events have justified the estab-
lishment in Washington of a chapter
of the National Association of Cost Ac-
coulfants. Granted its charter on De-
cember 9, 1882, the Washington Chap
ter enters its second year of activity
under especially favorable circumstances
The officers and directors of the chap
ter. in presenting the program for 1888
1894. believe that the discussions sched-
/, uled embrace subjects of wide contem-
porary interest.
Officers of Local Chapter.
Washington Chapter officers and d.
rectors include: President, A. B. Gun
narson, Chamber of Commerce of the
United States: vice president William
H. Churchill, Peoples Drug Stores. Inc. ::
vice president. William NJ Deviny,
Catholic University of America; treas
urer. Harry S. Meyer. Agricultural Ad-
justment Administration: secretary, C.
Milton Clark, Farm Credit Administra-
ton.
Director of meetings. William L.
Jones, Potomac Electric Power Co.; di-
rector Of member attendance. j. M. NC
Leod. Standard Engineering Co.; direc-
tor of membership, George D. Lane, Felt
& Tarrant Mfg. Co.; director of pro-
gram, Harold E. Burton. Southern Dair-
les. Inc: director of publications. Wroe
F. Anderson. United States Department
of Commerce; director of publicity.
John S. Coleman, Burroughs Adding
Machine Co.
Evening star., 1933-09-17
FURNITURE OUTPUT
EXCEEDS CAPACITY
Production Reaches ia Per Cent
of Normal" Associations
Figures Show.
BY the Associated Press.

BY the Associated Press.
CHICAGO, September 16.-The pace
of production in the Nations furniture
factories has swept upward in the last
six weeks to exceed normal capacity"
for the, first time in more than three
years.
And the most encouraging factor in
connection with this squirt, say leaders
in the furniture industry, IS the appar-
ect ability Of the retail market to abb
sorb and sell the large output.
Statistics of the National Association
Of Furniture Manufacturers show that
production rose from 81 per cent of
normal capacity" for the week ended
August to ia per cent during the
week ended September 2, latest for
which figures are available.
For the latter week, the associations
figures show. production was 164 per
cent of the 1892 level for the same pc
riod, and 96 per cent of the level OF
1929. when production was exception
ally high.
August retail sales, judging from re-
ports reaching the National Retail Fur
niture Association. were uniformly more
successful than for several late Summer
seasons.
Increases in prices. especially in
popular comparatively low-priced lines.
apparently sent consumers hurrying to
buy needed replacements in home fur
nishings before further rises became
effective.
Evening star., 1933-09-17
CENTRAL EXCHANGE BANK
CONSIDERED BY CANADA
Dispatch to The Star.

Special Dispatch to The Star.
OTTAWA, Canada. September 10
Establishment of central bank in Can
ada to serve as stabilization medium
in exchange is forecast in well-in-
formed political circles as the commits
sion headed by Lord Macmillan has
concluded its investigations into the
Dominion's banking and monetary prob
lens. Its report will be enacted into
legislation when Parliament reassembles,
probably in January.
The proposed central bank would
modify the powers Of the chartered
banks without affecting the basic struc-
ture of their activities. it is said. It
would not enter the general field Of
banking and general credit, but would
be the medium of governmental financ-
ing in addition to exercising control OF
currency.
Evening star., 1933-09-17
WORLD GRAIN CROP
BELOW LAST YEAR
Canadian Estimate Places
Yield at 282,771,OOO
Bushels.
BY FRANK 1. WELLER,
Associated Press Farm Editor.

The first official estimate Of the Cana
dian wheat crop places the 1888 yield
at 282,771 900 bushels. bringing the
official total Of % countries to 2,137,-
0730OO bushels, or IL per cent less than
last year.
These same countries produced 75.3
per cent Of the worlds crop in 1882,
The outturn of the three prairie prov
inces was placed at 264,000,000 BUSH
els. the smallest since 1924.
Except in France and Germany, do
mestic wheat prices of Continental Eu-
rope show the usual seasonal declines
which accompany the start of a new
crop movement. Trading in overseas
grain has been limited and shipments
to the continent have declined.
Deficit Abroad Smaller.
The deficit in the le continental I'M
porting countries is estimated between
IT'S. 900 900 and 215,000000 bushels,
compared with actual imports Of 209,-
5000 bushels last year and 342000,-
600 bushels two years ago.
Exports Of German and French soft
wheat during August are believed to
have had a significant effect on the
market situation, the continental trade
feeling that these exports. combined
with a record continental crop and the
resultant new restrictions in Holland
and Denmark, have contributed to the
recent decline in world wheat prices.
Chinese native wheat and flour stocks
at market centers are regarded as plen-
tiful. and mills continue to operate at
near full capacity. Australian wheat
prospects have improved in some sec
tions. but continue generally less IA
vorable than last year, especially in the
important New South Wales district.
Argentina Gets Rain.
Argentine grain zones received good
rains during the last week and crop
prospects are somewhat improved. The
drought condition had become very
serious, with rainfall at the lowest fig
ure on record for the last % years.
Crop prospects still are less favorable
than year ago.
Four full cargoes of Argentine rye,
totaling more than 100000 bushels,
were shipped to the United States dur
ing August. the American crop being
estimated at 100000 bushels. COM
pared with 40,400,00 bushels last year
the smallest harvest since 1887.
Evening star., 1933-09-17
BETTER RETAIL CREDIT
CONDITIONS REPORTED
BY the Associated Press,

BY the Associated Press.
Improved retail credit conditions for
the first six months of 1888 over the
corresponding period Of last year are in
dicated by early returns in the Com
merce Departments semi-annual retail
credit survey
Reports have been received from mer-
chants in seven lines of retail trade in
25 cities throughout the country and
additional reports are being received
daily
Data being gathered include informa-
ton on the promptness with which con-
sumers are paying their accounts. the
extent to which retail stores are having
to charge of bad debt losses, the per-
centage Of goods sold which are being
returned to the stores, and losses in
CURED by stores through fraudulent
buying and bad checks.
Evening star., 1933-09-17
SHOE DEMAND OFF.

NEW YORK. September Is R).-
Orders for mems and women's shoes
declined substantially in the wholesale
market this week and several producers
report that the sales volume fell be-
hind the figure for the corresponding
period last year. The slump was at
tributed to the fact that retailers had
previously stocked up on merchandise
in anticipation of higher prices.
Evening star., 1933-09-17
BUSINESS ADVANCES
BOOST TAX RETURNS

Due primarily to the general improve
ment in business and partly to the per-
sonal solicitations made by the direc-
tor Of the department of revenue and
finance. tax collections by the city of
Newark. N. j.. for August. usually
quiet month, broke all records for any
corresponding month. it was revealed in
figures made public today. Contrary to
the past payments on account of back
taxes almost equaled payments on cur
rent taxes. Since January l, 1888. tax
arrears were reduced by more than S..
the 1888 levy approximated s14 100000
600 600, while collections based upon
Evening star., 1933-09-17
EXCESS RESERVES
PUZZLE TO BOARD
Surplus Balances in Banks
Have Reached Huge Un-
WieIdy Sum.
BY CHAS. p. SHAEFFER,

The Federal Reserve Board is disap-
pointed at the excess reserves being
piled up in reserve banks by members,
but is doubtful of just what it can do
to remedy the situation.
Thus far efforts of the board to ex-
pand credit through its open market
policy have been largely checked by
the return of most of the additional
money in the form of Reserve bank
balances. These balances are now said
to have reached unwieldy proportions,
amounting on September 13 to 81
$40 100000 or a total estimated to be
more than 100000 600 in excess of
the amount required by law.
The board dislikes having member
banks employ the surplus funds in this
is due to lack of confidence on the
part Of both lenders and borrowers.
Face Two Questions.
The lenders are concerned. the board
believes. with two questions: Whether
the loan will be returned, and secondly,
in what ratio of value to present day
standards. In this connection fear was
expressed that banks would continue
to be tiMid in placing credit until it
becomes known definitely what the
future monetary policy of the United
States will embrace-until some for
mula is established that will enable
the banks to estimate the worth Of to-
days dollar 10 years hence.
It Is this latter problem that is said
to be making borrowers, particularly
long-term borrowers. timid in seeking
loans.
The board said it was powerless to
force member banks to divert their
funds into productive channels. Any
effort to do so might be construed as
deflationary. and counter to the admin
istration's program.
The amount of reserve balance a
member institution must maintain with
the regional central bank is determined
on a sliding scale. as provided In the
Federal reserve act. based on the i'm
portance Of the members location to
important money centers.
Reserve Demands.
For instance, the requirements for
banks in central reserve cities New
York and Chicago) are not less than
13 per cent of demand deposits and 3
per cent cent of time deposits. There
are exceptions to this rule If bank
is located in an outlying district of a
central reserve city, or in territory add
ed to such city by the extension Of the
city's corporate limits, 1t may, upon
the affirmative vote of five members
Of the Federal Reserve Board. be per-
mitted to maintain per cent or 10 per
cent reserves against its demand de-
posits.
Reserve requirements for banks in
reserve cities are not less than 10 per
cent of demand deposits and 3 per cent
Of time deposits. Exceptions are al
lowable for extensions of city limits,
permitting a per cent reserve.
Reserve requirements for banks not
in reserve or central reserve cities are
not less than per cent of the aggre..
gate amount of demand deposits and
3 per cent of its time deposits.
Evening star., 1933-09-17

1927 he was secretary-manager Of the
association. As its active legal execu-
tive he became identified with some Of
the city's leading insolvency cases,
representing the interests of creditors.
with the local association in 1881 to
accept vice presidency of the Federal
American National Bank and Trust Co.
At the present time he is assisting John
Poole. conservator Of the institution,
which Is now In the course of liquida-
ton. He is also q member Of the fac
ulty of Columbus UniveSs ity and
Southeastern University.
Evening star., 1933-09-17
ADOPT New Margin Rules.

BALTIMORE, September 16 (Spe-.
ciaD New margin rules recently de-
vised by the New York Stock Exchange
were put into effect here yesterday. All
old Baltimore accounts, brokers here say,
have been revised to conform with the
new regulations, which require so per
cent of the debit balance as margin on
accounts of less than $1,000. and 80
per cent on accounts over $4,000.
Evening star., 1933-09-17

uOuIlCeIIleuG HldQG
by Waldo ]. Tas-
tet. president of the
local unit. T h {
subject of "Cred-
i t S, Collections
and Basic Eco
nomics" Is being
offered for the Fall
term.
John A. Reilly,
local attorney and
banker. has been
selected by t h {
Educational Com
mittee to conduct
the course. Mr.
Reilly is known In
legal, credit, f1nan-
cial and educa-
tiora1 circles Tn
Evening star., 1933-09-17
LUMBER PRODUCTION
LOWEST SINCE JUNE
BY the Associated Press.

BY the Associated Press
Although reports to the National
Lumber Manufacturers Association
were included from 200 more mills than
for the previous week, lumber produc-
ton during the week ended September 9
was the lowest since June with the ex-
ception of the period including Inde-
pendence day holiday
The production Of 1so o56, 900 feet
ISOLATION as step in the right direction
since the output has been far beyond
consumption during the last two
months.
Orders for new business amounted to
ISL 461 900 during the period. and ship
ments from the Mills amounted to 49,
121 900 feet.
Evening star., 1933-09-17
CHICAGO SEATS ADvAlICE.

CHICAGO, September Is R.-A
membership in the Chicago Stock Ex-
change sold yesterday at $4,000, up
compares with $500 which was paid
for a membership last week Several
sales this week have been made at .
sharply rising rate, most Of them to
Eastern interests.