davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1933-06-20
--"Tmes a New Type of Pioneer -------
An Inspiring MESSAGE FOR JUNE GRADUATES

WfS. TrdnK u. NOOSeVc DEMOCRAT READERS
****t
Harder Challenge Youth Than
i Of the President of the United
ii + States Tells the of 1888
Evening star., 1933-10-04
CURB LIST STAGES
VIGOROUS RALLY
Favorable Industrial Reports
Add to Effects of Tech
nicaI Basis.
Special Dispatch to The Star.


NEW YORK, October 4-Stocks ral-
lied vigorously on the Curb Exchange
today, with trading at brisker pace
than in yesterdays irregular session.
Traders bid prices up cautiously
throughout the day and the list reached
its best levels in the last hour. Gains
ranged from fractions to and points
in the leaders. Newmont Mining
starred in the metal group and Dis
tillers- -Seagrams in the repeal stocks.
American Light & Traction and Co
lumbia Gas g. Electric convertible
preferred joined the upswing OF the
utilities in the late trading.
The market was entitled to an ad-
vance for technical reasons alone. and
was aided by budget OF favorable
news from industrial sources. Gains
at the opening ranged from fractions
to a point in the leaders, and were ex-
tended modestly in the next few hours,
as the market broadened out somewhat.
Increased production Of electric cur
rent. as revealed in the weekly figures,
benefited the public utility shares.
Reduction of crude oil output in the
last week was stimulating factor IN
the petroleum division. Moderate ad-
vances we're registered by Standard Oh
of Indiana, Creole Petroleum, Humble
Oil, Gulf OIL of Pennsylvania, Imperial
Oil of Canada and International PETROL
cum in the first han Of the session.
United Gas also puGhed ahead on this
movement.
The metal group was strong and ac-
tive. Some of the best gains were made
by NeWmont Mining, holding COM
pany and the non-ferrous metals. like
New Jersey Zinc and Roam Antelope
Copper. Aluminium Co. Of America re-
covered from an early setback.
Motor shares were In demand, re-
fiecting the movement on the big board
with Cord Corporation active. Fisk
Rubber firmed up. Textiles were strong
notably Celanese Corporation preferred
Pepperell Manufacturing and Tubize
Chatillon.
Copyright, 1889
Evening star., 1933-10-04
BONDS MOVE UP;;
/ TRADING EXPANDS
Railroad Obligations Take
Prominent Part on Buy
ing Side.
BY JOHN A. CRONE.

Special Dispatch to The Star.
NEW YORK, october 4.-Encour-
aged by the revival of speculation for
the rise in stocks. the bond market to-
day changed its direction and was able
to show a very good list OF substantial
gains in domestic issues OF the junior
grade.
1t was noticed that the improvement
was in bonds that are more sensitive 10
business reports than to the progress OF
imitation. These include large num-
ber of railroad obligations that recently
have been definitely weak.
The volume of trading expanded
somewhat with the stronger market.
However, there was no evidence OF &C
cumulation, with most Of the business
for the account of the trading element.
The institutions are not doing much on
the buying side There still are reports
that some of them have recently been
shifting from the highest-rated bonds
to those of a secondary grade.
Rails Take Lead.
The market was primarily one in
which the rail issues took the leao.
Gains of good fractions to 1l2 points
occurred in st. Paul IS, Southern Rail-
way As and 6l2s, Chesapeake Corpora
OS. SlllIdSO o. 4<oA lAA"SSeSAAA = = ~
New York Central 4las, Great Northern
rs, Erie SIS and Allegheny Corporation
SIS, Some individual car-loading re-
ports helped to stimulate demand for
this group. The best grade rails, on the
other hand, were inclined to be heavy.
In the public utility list there was
an irregular trend, though here the
prime issues Of the operating COM
panies showed f1rmer market than
equal rated rails. Pressure was also
lifted from a few debentures that have
been sinking rather rapidly of late.
Production figures by the Electric Bond
g. Share group for the last week OF
September indicated remarkable ad-
vancement hanging from to over 26
per cent.
There were again interesting move
ments in the foreign department of the
market. These we're chiefly in securi-
ties identified with gold. The French
city 6 per cent loans made the best
, prices of the movement, whereas
French government loans were lower.
Market Broadens.
In the late afternoon the market
broadened. Industrial issues were taken
UP and advanced point or more. The
rubber and tire company obligations
were popular, Goodrich IS and Good
year SIS leading this group. Columbia
Gas & Electric debentures, which had a
sinking spell Tuesday, recovered some
of that days loss. Junior rails added
to their morning gain, the most prom
inent being Southern Railway 6s and
Chicago g. Northwestern 434s st. Jo-
seph Lead SIPS touched a new high
above lis. They have sold as low as
81 this year. American g. Foreign
Power SIS rose points
There was no change in the COM
plexion of the foreign dollar market.
Prices were inclined to reaction where
there had been sharp gains recently.
Dealers were confused by stabilization
reports. United States Treasury issues
were slightly under the morning level.
(Copyright 1880
Evening star., 1933-10-04
STERILIZATION FUND
FOR DOLLAR ASKED
Alexander Hamilton Institute
Holds Wild Fluctuations
Tend to Hurt Trade.
Special Dispatch 10 The Star.

Special Dispatch 10 The Star.
NEW YORK, october l.-Pointing
out that the present weakness of the
dollar Is having an adverse effect upon
business conditions, the Alexander Ham
ilton Institute in its current bulletin,
suggests the establishment Of an equal
ization fund, such as was done by Great
Britain, to protect the dollar from raids
abroad. Says the Institute:
"At the present time. the dollar IS
unprotected in the worlds market Any
increased demand for foreign exchange
in the United States or any increased
supply Of dollars abroad Immediately
leads to q depreciation Of the dollar.
Similarly, any unexpected demand for
dollars abroad or any unexpected supply
Of foreign exchange in the United States
leads to . rapid appreciation Of the
dollar.
These wild fluctuations have an
adverse effect on business conditions
both here and abroad.
THE dollar Is intr;nsically strong and
undervalued In the worlds markets.
The United States has . favorable
balance Of trade, and, in addition, the
usual increased demand for American
goods in the Fall makes q further de-
mand for dollars in the near future
certain.
THE real causes for the weakness Of the
dollar are: % Flight Of American cap
ital; and CD repatriation Of foreign
capital. Americans who believe that
Evening star., 1933-10-04
NORTH AMERICAN co.
BARES LARGER OUTPUT
By the Associated Press.

By the Associated Press
NEW YORK October 4-The North
American Co reported an increase Of
more than 13 per cent for the third
quarter in electric output compared
with the same period in 1882. This was
the first time in four years the third
quarter showed a gain over the second
quarter, the report said, adding that
increased industrial demand accounted
for most of the gain.
Evening star., 1933-10-04
Chicago Grain
By the Associated Press.

BY the ASSOCIATED Press
CHICAGO. October 4.-Grain trade
Interest centered mainly today on what
President Roosevelt might say tonight
IN New York. AS result, wheat prices
showed general upward trend.
Foreigners seeking breadstuff supplies
were again IN the market and purchased
l.25O.O00 bushels of Canadian wheat.
out the price spread between CHICAGO
and Winnipeg widened somewhat with
weather in the Canadian prairie prov
inceS faNnrohlo for fI.a.li..
Evening star., 1933-10-04
Markets at a Glance

By the Associated Press.
NE WYORK. October 1-Stocks firm,
gains held in late dullness. Bonds firm
secondary rails strong. Curb firm, some
specialties strong. Foreign exchanges
easy, dollar improves. Cotton steady,
firm stock and wheat markets: trade
and Wall Street buying. Sugar higher,
trade buying. Coffee quiet, steady spot
market.
CHICAGO. October 4.-Wheat higher
buyers watch Roosevelt. Corn easy, frost
danger ended. Cattle fully steady; top
steers, s675. Hogs 1920 higher; short
Tun, top, $5.45.
Evening star., 1933-10-04
MARGIN RULES CHANGED

NEW YORK, October 4 LPy.-New
York Stock Exchange member firms
will be permitted hereafter to accept
margin accounts in stocks selling at
less than SIS a share, under a ruling Of
the exchange announced today. The
new arrangement will not apply to
stocks selling below this figure If they
are unacceptable to the banks as COL
lateral for call loans.
Evening star., 1933-10-04

the Government will engage in In
fiation and that the dollar will ulti-
mately be revalued at so per cent Of
its original gold content are endeavor-
ing to transfer their capital abroad.
The amount Of American capital trans
ferred abroad IN recent months has
been estimated at between $500, ,000, 600
and 81 ,000, 900 ,000.'
Evening star., 1933-10-04
Cash Grain Market,

Wheat, No. red, 80; No. hard,
8s12; No. hard, 8sA-a4; corn, No. 2
mixed, 4214 -431e; No. mixed, AZ; No.
2 yellow, 42A 4412; No. 2 white, 43A- :
45A; oats, No. 2 white. $780,; No. 8
white, 1914 -34A; rye, No. 3, 72A; bar
ley, 5000; Timothy seed, 5.75-625 hun
dredweight; clover seed, 800-11O0 hun
dredWeight.
Evening star., 1933-10-04
New York Cotton

By the Associated Press.
NEW YORK, october 4.-Cotton
was steadier today on trade buy
ing and covering promoted by the &C
tion of the stock and grain markets,
reports that a holding movement in
anticipation of the 10 per cent loan
plan was developing in the South, and
q smaller volume Of Southern hedging.
, December contracts sold up to $50 dur
ing the early afternoon, with active
months generally showing net gains OF
8 to is points, but more Southern SELL
ing appeared at these figures and prices
were or 5 points off from the best
around o'clock.
Evening star., 1933-10-04
COLLATERAL LOANS DROP.

NEW YORK. October R.-The
New York Stock Exchange yesterday
reported that collateral borrowings Of
members at the close of business on
September 80, amounted to $896,595, ,531,
a decrease Of s20,619,743 from the total
of August 81.
Evening star., 1933-10-04
METAL MARKET.

elactrolytic spot and future, asked Tin
frmer; spot and nearby 4s15; 3d. future future.
SPOT New YORK, 4 so: East St Louis. 4.35
zinc dull East St Louis spot and future,
4f5. Anthony. spot. 1.00a7.12.
Evening star., 1933-10-04

ou.Its9, Dls.asnd rates IN dollars based on last
sipidend Partly extra. !Pius in stoef.
q s,aci spayaoie N cash or stock. b Payable in
STOCK Adjustment dividend Plus 81
IN stock. gPlu5 So in stock h Plus IL
IN IN s.oek s.oek iPlHs plss 2S in stock Plus 1Qs
in stock Peid last year-no reeuiar rstS
Evening star., 1933-10-04
TIME DEPOSITS DECLINE
FURTHER AT BALTIMORE
Special Dispatch to The Star.

6peClal O!SpdLCN 70 AHc oldi.
BALTIMORE, October 4.-Tme de-
posits in 30 reporting member banks
and aggregate deposits in IL mutual
savings banks in Baltimore totaled
s315 ,057, 1854 at the end Of August, ac-
cording to the monthly review of the
Federal Reserve Bank. This compares
with $319, 1892, ,733 reported at the end of
July this year and 1893, ,804, ,090 at the
end of August last year
Evening star., 1933-10-04
MONEY MARKET.

NEW YORK october 4 dP].-Money con-
tinued. in good supply at UNCLAIMED rates: s.
quoted at u of 1 per cent and in the out
side call market borrowers conidn continued to
and bankers acceptances were repeated.
Evening star., 1933-10-04
Financiers Expect
Big Bond Offering
By New York State
BY the Associated Press.

BY tne ASSOClaLeQ Pfess,
NEW YORK, October 4.-Municipal
bond circles expect an early announce
ment Of new long-term financing for
New York State. An Offering of slightly
less than $30,OO0,000 of bonds will be
placed, 1t is understood, before the end
Of October under competitive bidding.
The issue, II is said will consist Of
general improvement bonds due in from
l to Is years; emergency construc-
ton bonds of like maturities, and grade
crossing elimination bonds, due in from
/ to so years
Evening star., 1933-02-26

country and attracted wide attention.
Mr.. Brasher is now So years old. When he
was 10 years Of age he made up his mind that
he would devote his life to painting birds, hav-
ing been inspired by Audubon's plates and his
fathers interest in birds he being an amateur
ornithologist. He has twice destroyed all OF
paintings because they did not satisfy him
scientifically or artistically but he has sue
ceeded in producing 800 pictures, showing 200
specimens OF North American birds. in every
instance giving the birds the natural setting
flowers, foliage and landscape. These have
been reproduced in photogravure and issued
in book or portfolio form, IL volumes to set.
In an edition Of 100 Because Of the great
cost of color reproduction these we're done in
black and white and then coored by hand, by
the artist Herculean task. The prints thus
hand-colored have very much the effect of
water colors, and in many instances are ex-
tremely pleasing. No two are alike; each Is An
individual separate work. The small birds are
perhaps more interesting more attractive and
artistic. than the large birds; in some cases
the plunnage Is better rendered than in others.
but throughout . high standard of excellence
has been maintained.
OF the original edition Of 100 SETS IS have
already been subscribed. "a condition Of sale
has been that . public museum or gallery
should be the recipient) When the original
edition Of 100 was struck of an over-run Of
f1ve Or six plates was made. These now have
been colOred By the artist and are for sale
separately at IN extremely modest cost Bird
lovers viii md them very tempting.
Mr.. Brasher IN this monumental work was
encouraged. 1t u said, By Louis AgASsis E.leftes,
who had himself wanted to paint all North
American birds, but had had to limit his
efforts to work Of . purely illustrative
character.
There are today two American etcheFs Who
have made . speciality of bird subjects
Charles T. Hell Of Massachusetts, and Henry
Emerson Tuttle Of New Haven Conn. Here In
Washington Benson b. Moore has made num-
ber of very successful bird etchinss; and
obviously one should not forget In this con-
nection the superb etchings of wild birds In
flight. by Prank W. Benson Of Boston. Hell
and Tustle both etch birds with scientific
accuracy and with chief interest IN the birds
themselves. Mr.. Tlttle IN some instances has
eolored his etchinss. Mr.. Benson etches birds
IN fight. with no less accuracy. but with inter-
ct primarily IN TIE pictorial, the sense ef
Evening star., 1933-02-26
Calendar of Exhibitions

CORcORAN GALLERY OF ART. Seven
teenth street aud NetD York Guenue.
Permanent collection. Exhibition of
American Indian Art. February to
March z. Forty-second annual erhibi-
ton, Society of Washington Artists.
February 4 to 26 inclusipe. Second
annual exhibition
NATIONAL GALLERY OF ART. Tenth
and B Constitution auenue) streets
northeast Permanent collection. Spe-
c;al exhibition paintings by Cesareo
Bernaldo de Quiros of Argentina,
January - to March 10.
SMITHSONIAN BUILDING, DIVISION.
OF GRAPHIC ARTS. UNITED
STATES NATIONAL MUS EUM.
Etchings by Margaret Manuel, Febra-
ary 1926 Etchings ty Sy6illa NJ.
Weber. February 27 to March rs.
FREER GALLERY OF ART, T,ueltth
and B streets southwest. Permanent
collection.
LIBRARY OF CONGRESS-. print di-
piston, First street betpeen East Capitol
and B streets southeast. Permanent
collection
ARTS CLUB OF WASHINGTON. 2o17
street Water colors by HotcGrd
Giles, NJ A.; oil paintings by Rospldnd
Lyon of Washington. February 10 to
March f.
PHILLIPS MEMORIAL GALLERY.
1900 Twenty-frst street. Open on
Saturdays fonly), II am. to s pm.
TEXTILE MUSEUM OF THE DIS
TRICT OF COLUMBIA, $500 S street
northwest. Rugs, tapestries and other
textiles of the Near and Far East.
Open Mondays, Wednesdays and Fri
days. 2 to S O'Clock. Admission By card
obtainable at the o6ice of G. H. Myers,
730 Fifteenth street northwest
PUBLIC LIBRARY, Central Building.
Ninth and X streets. Photographs of
Greece, by c. H. Whitaker. February
IS to 2S. Examples of contemporary
design as ercmplifed in objects of daily
use.
NORTHEAST BRANCH, PUBLIC IL
BRARY. Seventh and Maryland ape-
niue northeast Paintings by Washing
ton artists.
GORDON DUNTHORNE GALLERY,
zoos Connecticut avenue. Color ,Cood
block prints, By Gnstape Baumdnn of
Santa Fe.
ART LEAGUE OF WASHINGTON. 21l4
Bancroft place. Paintings By Lillian
Moore Abbot, Charles Snyendort, Chill
dren's Art School March lis
SEARS. ROEBUCK & co. ART GAL
LERIES, 1106 Connecticut dpenue Oil
paintings By Alberto Egea Lopez,
Maurice Brdun, F. Mortimer Lamb,
Michel Jacobs. X. Hra0d. Charles Yer
n'oskie;; Oater colors By Alberto Egea-
Lopez. Mar IrsCfn Cdrruth, John Doy
BreReiser: etchings by Louis c. Rosen-
berg: n.osoics in paper by Elizabeth L.
Hebo; sculpture By Karl F. Skoog:
batik mMrdls and hangings by Will
toughby Ions. February 8 to 2S.
RARE BOOK SHOP, S22 Serenteenth
street. Hand-colored prints. North
American birds, by Rer Brasher. To
continue to March 81
TRANSFORMATION BUILDING, Seuen-
teenih and H streets northwest First
exhibition, National Society of Inde-
pendent Artists. February q to March
H.
TEN O'CLOCK CLOCK. 1903 X street
northeast. Paintings by Grace Merrill
Ruckn1an. February rs to March II.
Evening star., 1933-02-26

OWLAND LYON is holding his first one
man exhibition at the Arts Club. open-
X Ing a week ago and continuing to
March 2. Prom time to time during
the past few years Mr.. Lyons paintings
have appeared in local exhibitions
giving, from the first indication Of clear
seeing. independent viewpoint, and recording
steady improvement. In all of Mr.. Lyons
work now on view there is certain amount
OF freshness and youthful vigor His color
almost invariably is good, and the task that
ne seems to have set himself to interpret the
common place has been adhered to almost
without deviation.
And after all, the commonplace is the usual
As Otto Kahn once said, The lives of the vast
majority of the people are cast upon a back
ground OF sameness and routine" It is those
who can discover beauty In the midst Of that
which Is commonplace that are the true bene-
factors. Obviously it must be understood that
all do not define beauty in the same terms;
that what Is beautiful to one may not be
beautiful to all. The writer confesses prefer
ence for picturesque landscape, flne archi-
tectural themes flowers and still Life, rather
than freight cars, billboards and gas works;
but these subjects Mr.. Lyon has presented
with great frankness and with obvious artistie
enthusiasm One may perhaps suspect an
underlying rift Of humor in the title given q
painting Of two roadside billboards-"Sunday
Afternoon"
But "Pohick Church" and Church at North
Truro are frank efforts to sincerely interpret
things seen, with the utmost simplicity. Is also
are George Washingtons Headquarters
Georgetown" "Provincetown Roots and "Old
Windmill, Chatham"
Among the most pleasing Of Mr.. Lyons
paintings are those Of boats, such as In Dry
Dock" Green Boat" The Dory," "Beached,"
etc In these he rives not only facts hs,t sz,Srit
. bi: of romantic suggestion and not infre-
Evening star., 1933-02-26

quently pleasing indication to sunlight and
shadow-vivid outdoor glare.
This Is . day of extensive artistic expression.
Much painting is being done and keen interest
manifested therein. All over this country
pictures are being painted for the sheer
pleasure Of the painting; not for livelihood or
professional product, but from q desire to
try ones wings. And though much that Is
produced Is, as compared to the great art OF
the past of but small value out of it all will
doubtless come in time the great master or
masters who will achieve epoch-marking
success and add to the sum total Of the worlds
achievement that which is eminently worth
while. 1t is toward this end that many of
these young painters like Rowland Lyon
feeling their way and making contribution.
4 Ar. LYONS paintings are shown in the
wi drawing room and dining room at the
Arts Club, whereas, in the gallery are displayed
water colors by Howard Giles of New York. a
pupil Of Jay Hambidge and an exponent Of his
theory Of dynamic symmetry.
Mr.. Giles is q National Academician, o mem
Der of the American Water Color Society. the
American Institute of Graphic Arts the Phila-
delphia Art Club. the National Art Club the
Century Association, the Philadelphia Water
Color Club, etc, and he has received numerous
awards, such as the Shaw Purchase Prize
Salmagundi Club; the Beck Prize. Philadelphia;
the Inness Gold Medal, National Academy OF
Design; Silver Medal Carnegie Institute;
Bronze Medal. Sesqui- Centennial Exposition
He Is represented in the Pennsylvania Academy
Of the Fine Arts, the Chicago Art Institute. the
Brooklyn Museum. the Museum Of Fine Arts.
Boston: the Fogg Art Museum, Cambridge: the
Fine Arts Gallery Of San Diego and the Denver
Art Museum. He is well known not only .
painter but as lecturer on art.
The water colors by which he IS represented
fova af fhSR fyne NJ 1nin1YA character
produced I'm broad nat washes, very simple,
but at the same time interpretive rather than
realistic They are well mounted on decorative
mats, but unframed, and. therefore, perhaps
not seen to the best advantage
Evening star., 1933-02-26

A T the Rare Book Shop ON Seventeenth street
Is now to be seen . most Interesting col
lection Of hand-oo2oFed priats of North
American birds, b. Rex BrasAer. which has
bsen shown Ia various other cities Of this
Evening star., 1933-02-26

Continued on Thirteenth Paae
Evening star., 1933-06-14

jel4,l6,2O.22,24
Evening star., 1933-06-14
THOS. j. OWEN & SON, AUCTIONEERS
1431 EYE ST. NV.
ESTATE. IMPROVED BY TWO-STORY
BRICK BUILDING. KNOWN AS PREM
ISES 504 NINTH STREET NORTH

TRUSTEES SALE OF vALuAgLE Real REAL
BRICK BUILDING: KNOWN AS PREM
IsES 5o4 NINTH STREET NORTH
recorded in Liber No 1881. folio 800 ct seq,
bia. and at the request Of the. party, secured
thereby the undersigned trustee will sell at
Pghls gston HE T T1Rt Sf hs
JUNE. AID, 1898. AT FOUR O'CLOCK. PM.
the following described land and premises
s se and bsns OF pap of
in square three hundred and seventy-seyen
point in the line of Ninth street forty-one
Of SAID tst anS ruhnns e thence no
one (91l feet seven and one-half GA
and thence east ninety-one t91) feet seven
and one-half (7la) inches to the place Of
Terms of sale: One-fifth of the purchase
money to be. paid in cash. balance in four
equal installments, payable in one, two,
per .centum per annum. payable semi-an-
nually.. from day Of sale. secured by first
deed Of trust upon the property sold: or all
sale Ali conyeyancing, recording, revenue
sale to b BIC compiled With within thirty 1 days Us
from dav of sale. otherwise the trustee
reserves the right to resell The The property at
after FIVE days advertisement of such resale
in some newspaper published in Washing
AMERICAN SECURITY AND
By WILLIAM L. BEALE AL. ,..,....
'sfsll Z. h. Aasiis.; iiiEs.;.siees,;
1o{2sdXdG.eX60