davidaulloa/AmericanStories huggingface dataset:
Evening star., 1933-04-12
ELECTRICITY OUTPUT
CUTS DOWN DECLINE.
Consumption Only 4.5 Per Cent
Below That of Last Year,
Survey Reveals.
BY the Associated Press.

By the Associated Press. -
NEW YORK, April 12.-Elect "ic
power output for the week ended April
8, although moderately lower than that
of the previous week, showed the small
est percentage decline from last year
for any recent period. Consumption
ran As per cent below the 1892 week.
while in the previous week the loss was
So per cent.
Last weeks output was 1883. .367, 900
kilowatt hours, against l.402,l42 900 in
the previous week and ], ,465, ,076, ,006 In
the 1882 period.
Most Of the major geographic re-
gions recorded smaller declines from
last year than shown . week ago. The
Atlantic seaboard was OF 2.7 per cent.
against 46; Central industrial 81,
against 81; New England, ,3.8, against
10, and Pacific Coast, 6.8s against So.
Evening star., 1933-04-12
Special Dispatch to The Star.

Special Dispatch to The STAR.
NEW YORK, April 12.-There are
still some people with the speculative
instinct who have suficient confidence
in the future of securities to be now
engaged in accumulating them for
rise.
Among them is a small group Of men
who were able to keep q mental balance
in 1928 and in 1929, to avoid the allure
ments of the Wall Street of those days
and who were not enticed into the
market like so many others In the sue
cessive declines that occurred between
October 1929, and the low point of last
July. From this description it might
be assumed that they were super men,
for there. are not many who interest
themselves in securities who have not,
at some time in the past four years,
made unfortunate commitments in
stocks.
Industrial Issues Favored.
The interesting fact regarding this
group Is the character Of the stocks it
is now buying and the premise on
which its accumulation Is based. Ab-
solutely committed to engagements in
industrial issues, 1t has not been at
tracted by the low levels at which even
the best of the rails are selling or to
the recognized investment shares in the
public utility list.
The prejudice against the rails has
been of long standing. It represents the
common notion that there is nothing
left for the carriers except default. 1t
is rather strange that some of the
shrewd men of the Street have not
taken account of the emphasis in every
quarter on constructive measures to re-
lieve the carriers and the possibility
that rs per cent of those now regarded
with suspicion will be not only earn
ing their interest charges, but dividends
on their common stocks within the next
two years. It is useless to argue with
them. They have made up their minds
that rail securities have no future. They
will not consort with them.
Within the last few months they
have taken quite as radical an attitude
toward the public utilities, so that to-
day there Is q larger short interest In
stocks like American Telephone q Tel
egraph and Consolidated Gas, which
head the list Of investment holdings
Of many trusts and corporations. than
in any other members OF this group.
The argument against them Is that
Evening star., 1933-04-12
british RESERVES
| Of GOLDAT RECORD
Bank Of England Now Has
Largest Supply of Metal {
in History.
BY CHAS. r. SHAEFFER.
Associated Press Business Writer


Britain's segregation of gold since
resulted in the greatest accumulation OF
the metal in the history Of that country.
The present gold reserves of the
Bank Of England are in the neighbor-
hood Of lit 400. 900 pounds sterling
which compares with the previous
highest total of l76,584. 1926 reported on
September IL. 1928 The immediate
level compares with l21 .293 900 pounds
as the record low level since suspen-
sion Of the gold standard, reached on
February IL. 1882.
The above figures indicate that more
than Sc, 0,000, 900 pounds have been added
to the banks gold reserve since it was
depleted last December by the payment
OF SOS $50 .000 to this country on her
war loan installment.
The City OF London, in information
to the Federal Reserve Board, regards
the accumulation of gold there as h
direct outcome of the American finan-
cial crisis. For several months past, 1t
Is said, there has been q substantial
transfer Of balances from New York to
London, forcing rapid rise In sterling.
The bank, In the meanwhile, was try
ing to keep rates down, but SO large
were the sales Of sterling required for
tAkAo PuA RNhoC bAldt tAiC CQudlLEdtlOdl
had to buy unusual quantities Of dol
lars and francs.
In order to avoid exhaustion Of 1t.
resources in the exchange fund, the
managers of the fund have for some
time been converting its foreign cur.
rency holdings into gold, which has
been sold to the Bank Of England.
London, however, sees no connection
between the gold accumulation and
the governments purposes regarding
the gold standard. It Is admitted that
banks gold holdings may come to have
some bearing on the discussion later.
but for the present the government has
no intention Of restoring the gold
standard.
Its policy In that direction viii have
to be guided by what happens at the
world economic conference, 1t was said.
Evening star., 1933-04-12
INVESTMENT TRUSTS

NEW YORK. April IL R.-over-
the-counter market:
Evening star., 1933-04-12
New York Cotton
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, April 12.--Opening cot
ton prices today we're irregularly lower.
At Liverpool prices were unchanged IN
mocerate trading.
The New York Cotton Exchange Serv-
ice estimates the amount OF cotton con-
sumed by domestic mills in March at
4S9, 900 bales, against the census bureau
figures of AZ, 900 consumed in February
and 489, 900 in March, 1882
First quotations were: May, 6.64, un-
changed; July, $50, unchanged; Oc-
tober, 6.98, Oh 4; December, til, on S:
January, TIC, of s; March, 1880, on S.
Evening star., 1933-04-12
PLANT ON FULL TIME.

GRAND RAPIDS, Mich, April IL
R.-The Leonard plant Of the KEEL
vinator Corporation here was back to
full production schedule today for the
first time since March Z, with the
recall of 900 workmen. Operations
were curtailed when the national bank
ing holiday went into effect.
Evening star., 1933-04-12
GOULD REELECTED
BANK PRESIDENT
Other Officers Retained at
Annual Meeting of Wash
ington Mechanics.
BY EDWARD. C. STONE.

Ezra Gould and all other officers and
directors Of the Washington Mechanics
Savings Bank were reelected at the
annual meeting of stockholders and
organization of directors held late yes
Evening star., 1933-04-12
U. S. TREASURY BALANCE

BY the Associated Press.
Treasury receipts for April 10 were
81, ,842, ,468.34 exp enditures. $23, ,796,-
693.82: balance, $510,924,645.53. Gus
toms duties for 10 days of April were
$5,737, ,346.19.
Evening star., 1933-04-12

GERS for the coming year: Ezra Gould,
president: Clarence F. Burton, vice
nresident and cashier; DR.. Edward F.
Pickford and A. S. Offutt, vice presi-
dents: Mrs. M. H. Buckingham, secre-
tary: Joseph M. Mccarthy, w. B.
Mehler, jr., and B. M. Grant, assistant
cashiers.
The washington Mechanics Savings
Bank was one of the 20 local panKs
which was given Government Incense
to operate on a 100 per cent basis AZ
the end of the Nationwide bank holi-
dav. Prior to the moratorium this bank
had been operating on the same basis.
Yesterday was the banks twenty
seventh anniversary. The main once
is on Connecticut avenue and the oanK
has three branches. 49,.
March Department Store Sales.
yDenartment store sales in, the fifth
Federal Reserve district were on ~ Per
cent in March, compared with the same
month q year ago and Tor the nrst
three months Of the present year were
down "a per cent. New YORK mace tne
best showing of any OF the ~ Feoe!al
Reserve districts in the month recentiy
ended. =.
+ Preliminary figures on the value OF
from February to March Of somewhat
more than the estimated seasonal
amount. The Federal Reserve Boards
index, which makes allowance both 1or
number of business days and for usual
seasonal changes, was Sc in March on
the basis Of the 1923-1925 average as
100. compared with go in February and
so in January.
In comparison with year ago, the
value of sales for March, according to
the preliminary figures, was q per cent
smaller. In making the comparison
with a year ago, however, allowance
should be made for the fact. that the
date OF Easter. which was very early
last year (March I'D Is late this year,
(April 16), and that this year sales
during March included much smaller
part Of Easter buying than they did last
year. The aggregate for the first quar-
ter of the year was Is per cent smaller
than last year.
Percentage decrease from year ago;
Evening star., 1933-04-12

terday. The stock
holders elected the
following directors :
Directors are
Walter K. Bach
rach, Clarence F.
b ur t on, Ezr a
Gould, George
Hayes, L. Hoyt
Lamb, Jesse B. K.
Lee, Edward F.
Pickford, j. G.
Pyles, Edwin E.
Roberts, r. P. Will
liafins, John p F
White, E. S. Wolfe.
Guy Mason, A. S.
Offatt. 4
The directors
met at once and
- m
The Washington times., 1933-03-24
HyattsUiLLe C.. of C..
To StudY Loan Banks

Several subjects of import to
residents of Hyattsville and sur
rounding towns will be brought
before the chamber of commerce
of Hyattsville, Monday night in
the County building, HyattSville.
The legislative committee will
report on the activity. of small
loan banks in Prince Georges
county and the effect of the
recent national legislation legaliz-
ing 80 beer.
Irving C. Root, chief engineer
of the Maryland National Park
and Planning Commission, will
discuss zoning ordinances and
building codes.
The Washington times., 1933-03-24
URGES j. 8. AS
REFUGE Of KIN
Of JEWS

Hearings will be opened by
the House Immigration Commit
tee next wednesday or Thursday
on a resolution permitting rela'
tives of American Jews to leave
Germany for America, Represen
tative Dickstein CD of New
York, chairman, announced to-
day. Dickstein said:
"T expect to have many
prOminenat men at the hear
ing, men of various religious
beliefs and natiOnalities."
The resolution calls upon the
State Department to issue new
instructions to all consular Off
GERS abroad, liberalizing the regu-
lation under which immigration is
virtually prohibited at this time
because of likelihood of the imml-
grants becoming public charges.
Dickstein pointed out:
"There are 10000 wives,
aged parents or children of
American citizens or aliens
who have declared their inten-
ton of becoming American
citizens, who could be admitted
from all parts of the wrOld.
CITIZENS NOW BARRED
"They would not become pub
lie charges nor would they in
terfere with any person getting
a job. They would be parts
Of American families.
"Under this resolution Ameri-
can citizens, children and rela-
tiveS in Germany, who are
Jews, could enter. have posi-
tive knowledge that American
citizens have been prevented
from entering this country un-
der the present regulations"
He estimated that $4,000 in
Germany could qualify.
The Washington times., 1933-03-24
ALL-N|GHT FETE
To HAIL BEER

CHICAGO, March "a G.NSO.
An all-night celebration compare
BILE to the hilarity of a New Year
Eve was being planned today for
the welcome Chicago will pay to
the return of legalized beer at
1901 April 7.
Downtown hotels and cafes
have arranged to stay open all
night to accommodate the rev
elers. New bars are being placed
in cafes, clubs, and former hotel
bar rooms, which were made over
into coffee shops with the advent
of prohibition.
Two hundred thousand barrels
of the new 80 per cent beer will
be on tap soon after the stroke
of IL, the seven licensed brew
cries here and the scores of dis
pensaries promised. Bottling OF
the real beer began today in
Chicago breWerieS.
Reservations by the hundreds
were pouring into downtown
hotels for the welcoming parties
to be held in taprooms and dining
salons.
The Washington times., 1933-03-24
HE|RESS DENIES
PLAN To WE'D

SAN FRANCISCO, March "a
/I.N.SD Miss Adonnell Massie,
22-year-old Dallas (Tex.) oil heiress
is not going to marry Cornelius
Vanderbilt. jr., she said today,
following her arrival here aboard
the steamship Empress of Britain.
Vanderbilt was not aboard the
ship. Said Miss MasSie:
1--WE are just good friends.
We are not engaged. We don't
contemplate marriage"
Vanderbilt left the ship at
Ceylon, India, planning, it was
learned, to do some journalistic
work there. Miss Massie added:
"'Neil' is a splendid chap,
but we are only friends"
Although the ship is on a
round the world tour. Miss Mas
sic plans to leave it at Los Ange-
les and depart for Dallas. She's
homesick, she said.
The Washington times., 1933-03-24
ADVENTIST TO TOUR

The Rev. I. H. Evans, first vice
president of the General Con.
ference of AdventistS, Takoma
Park. will leave tomorrow for a
four-week tour of North Pacific
States and British Columbia, as
guest speaker at a number Of
meetings, 1t has been announced.
The Washington times., 1933-03-24
COL. PEAK TO TALK

The Mid-City Citizens Associa'
ton will meet Monday evening
8 o'clock, in the Thomson Com
munity Center, Twelfth and L
Streets Northwest. Col. William
L. Peak, superintendent of the
District Jail, will address the
members.
The Washington times., 1933-03-24
Salvation Army Aids
1867 JObLeSS Men

College graduates and day Ia
borers, all victims of unemploy-
ment, were among the 1857 men
who were given care last month
at the Salvation Army's Emef-
gency Lodge at 479 c st. N. W..
The Washington times., 1933-03-24
NAMED RING CAPTAIN

ANNAPOLIS, Md. March "a.
Midshipman John D. McNaugh-
ton, of Charleroi, Pa, has been
chosen captain Of the 1884 Naval
Academy boxing team. He fought
in the 165-pound division last
vear
The Washington times., 1933-03-24
BANK BUILDS, KEEPS OPEN

At the corner Of Carroll Street
and Carroll Avenue, in Takoma
Park, Md. the Citizens Bank Of
Takoma Park is erecting a new
building-on the site Of the old
building-and banking business is
not being disturbed during the
operation.
The Washington times., 1933-03-24
Mrs. Doris GrGeff
Files DiDOrce Suit

Mrs. Haroldene Doris Graeff.
Of the 1900 block of Fuller st.
N. W., filed suit for divorce in
Reno, New, today against her
husband, Stanley r. Graeff.
She charges nonsupport.
The Washington times., 1933-03-24
BENEFIT TEA PLANNED

Tomorrow from 4 to 8 p. m. a
silver tea and showing of altar
vestments, linens and ornaments,
will be held in the residence Of
Miss BERTHE V. Young, 1908 F.
st. N. W.. for the benefit of the
Altar Guild, Grace Church, Alex
andria, Va. ..,.'..t
The Washington times., 1933-03-24
Art Exhibit PLeaSes
Biz CrOUd in School

The fourth annual industrial art
exhibit at the Armstrong Tech
nical High School was attended by
capacity crowd Of more than
1000 last night.
Evening star., 1933-12-06
Stomach Upset

Get at the real cause. That's what
thousands Of stomach sufferers are
doing now. Instead Of taking tonies,
or trying to patch up . poor diqss.
tion, they are attacking the real cause
Of the ailmept-clogsed liver and dis.
ordered bowels.
Or. Edwards Olive Tablets help
arouse the liver in . soothing, healing
way. When the liver and bowels are
performing their natural functions,
people rarely suffer from indigestion
and stomach troubles.
Have you q bad taste, coated
tongue. poor appetite, a lazy, don't
care feeling, no ambition or energy.
trouble with undieested foods? Try
Olive Tablets, the substitute for eaIe.
mel.
Or. Edwards Olive Tablets are q
purely vegetable compound. Know
them by their olive color. They do
the work without gripping, cramps or
pain. All druggists. 15e, soc and 60e.
Take one or two at bedtime for
quick relief. Eat Whist you like.
Evening star., 1933-12-06
BANK CUTSFUNDS
TO COVER LOSSES
National City Undertakes Re-
ductions TotaIing $56, ,500,.
600, Sells Stock.
Nv the Associated Press.

~ the Associated Press.
NEW YORK, December GA reduc-
ton of $56,500.000 in capital funds has
been undertaken by the National City
Bank, second largest in the country,
for the purpose of writing down all
known losses.
This was announced yesterday by
James H Perkins, chairman of the
board, who also disclosed that the bank
would sell $50, 600 900 of preferred stock
to the Reconstruction Finance Corpora
ton, along with II other New York
banks. in line with the administrations
campaign to expand loaning facilities
of the Nations banking institutions.
The total offered by the IL banks was
S93. 3.700,000 in preferred stock and cap
ital notes.
Jesse H. Jones, r. F. c. chairman,
said in Washington that the partici-
patton of the New York banks in the
plan would encourage banks every
where to place themselves in stronger
capital position so as to better respond
to the credit demands of increasing
business"
,-he readjustment of the National
City Banks capital structure involves
a reduction in the par value of the
banks shares from $40 to $l2.50. re-
sulting in scaling down of capital
from $124 1000 900 to ST., 500, 900 and a
drop in surplus from $40,000,000 to
$30,000,000
The bank announced that after the
reduction is effected it will have un-
allocated reserves of about $4,000, 900
or $24, 100000 under the total reserves
listed in the banks last statement.
This difference added to the S56 600, 900
capital reduction means that approx
smately $80,000,000 will be employed in
writing off the banks losses.
The sale of stock and notes to the
r. F. c. is expected to be joined by
other New York banks, bringing the
total up to 5000, 900 900, the quota set
for New York. The r. F. c. announced
some months ago it would purchase
up to 81 200, 100000 in stock or notes
Of the banks of the country
Evening star., 1933-12-06

burg Of Kuhn, Loeb b Co., New York
bankers; w. L. Hemingway, president
Of the Mercantile Commerce Bank d
Trust Co., st. Louis; Joseph Wayne.
president of the Philadelphia National
Bank, Philadelphia, and willis H. Booth,
vice president Of the Guaranty Trust
Co. Of New York.
Mr.. Hemingway said in q letter that
bankers are generally supposed to be in
favor of q gold standard and opposed
to any form Of imitation and "ycu will
ind me on the side Of the gold STAN
dard" in any discussion Of monetary
policies.
Mr.. Wayne said: "The present un-
certainty regarding the value of our
currency is having a very harmful
Evening star., 1933-12-06

effect on the recovery plans to revive
business. The return Of sound money
principles is one Of the imperative
needs Of the hour"
Mr.. Warburg said: Efforts to stabilize
the dollar are Of the utmost Importance
and action In the immediate future is
imperative"
Mr.. Booth said: Experimentation
with idealistic monetary schemes may
well lead us into uncontrolled imitation
and impairment Of the Government
credit" !.
Mr.. Johnston said he could not under
stand How any sane peo1le can en-
bark on q policy of imitation. History
has invariably disclosed that It is the
certain road to ruin"
Evening star., 1933-12-06
GIVE new SUPPORT
TO GOLD STANDARD
Bankers and Business Men
Indorse New York c. of c.
Money Stand.
BY the Associated Press.

BY the Associated Press.
NEW YORK, December 6.-The New
York St&te Chamber Of Commerce yes
terday made public another list of
prominent bankers and business men
who have indorsed the chambers stand
in urging the Federal Government to
return to a gold standard and stop
tinkering with the currency"
Included in the list are such promi-
nent bankers as Percy H. Johnston.
president of the Chemical Bank &
Trust Co., New York: Felix M. War
Evening star., 1933-12-06

Jail had been executed after an order
postponing the execution had been
issued.
The postponement, granted in re-
sponse to an appeal, was lying in an un-
opened envelope in the jail ONCE when
the prisoner was put to death, on Mo-
vember 81
Evening star., 1933-12-06
SAFE-cRAcKER is NEEDED

CLEVELAND, December 8 R.-Po-
lice would like to find first-class safe
cracker for little business assistance.
A strongbox in the ONCE Of Clerk
Peter Henry, containing $1,000 collected
from trafic law violators, has defied
the attempts Of officers and safe experts
to open 1t.
Evening star., 1933-12-06
EXECUTION "REGRETTED"

LAHORE, Punjab, India, December 6
R.-The Punjab government an
nounced yesterday with great regret"
Evening star., 1933-12-06

McGinnis. San Jose cabinet maker, win
be little hard and heavy for wear 1t
is guaranteed not to crush IL sat upon.
McGinnis, in shipping 1t to the Presi-
dent, said he thought 1t might look nice
on the mantel.
Evening star., 1933-12-06

President to Get Hard Hat.
SAN JOSE, Calf. R.-Though the
top hat made CT California redwood as
gift for President Roosevelt by j. B.
Evening star., 1933-12-06

retired month after
with with night
the past six Here he shown receiving the stick from Capt odsn
hand for the which when shifts changed
a in
Evening star., 1933-12-06

General Electric De Luxe Console
model K-126. A radio Of unsur-
passed performance plus every
worthwhile engineering advance,
color tuning and q beautiful cabi-
net with mahogany tambour doors.
The Republican. [volume] (Oakland, Md.) 1877-current, 1933-11-16
SHERIFF'S SALE
VALUABLE REAL ESTATE
In District No. 9, of Garrett County,
Maryland

Under and by virtue of writ of
fieri facias issued out of the Circuit
Court for Garrett County, Maryland,
at the suit of Floyd C. Diehl and Har-
vey Gortner, co-partners, trading as
Motor Service Company, against Jas.
F. Mckenzie and Elizabeth McKen-
zie, the same being No. Judicials,
December Term, 1888, and directed to
me, l have seized, levied upon and
taken under execution all of the in
terest and estate of the said James F.
Mckenzie and Elizabeth Mckenzie in
and to the following real estate, to-
wit:
All the surface of that lot, piece or
parcel of land situate, lying and be-
ing in District No. 9 of Garrett coun-
ty, Maryland, containing 81 acres, and
being the same which was conveyed to
the said James F. Mckenzie by deed
from Olin Beall, individually and as
administrator of the estate of Flor
ence Beall, bearing date December 16,
1922, and recorded in Liber E. q. T.,
No "a, folio $50, one of the Land Rec
ords of Garrett County, Maryland, in
which said deed said parcel of land is
particularly described by metes and
bounds, courses and distances, and to
which reference is hereby specifically
made. Said land adjoins the lands of
John Garlitz, Louis Mckenzie and
Thomas Ravenscroft, about six acres
are cleared and under cultivation and
the remainder is woodland.
And l hereby give notice that on
CATJTPnAV NOVEMPEP % 1929
at the hour of eleven o'clock A. NJ, in
front of the Court House in the town
of Oakland, Md, I will offer and sell
said parcel of land at public auction
to satisfy and pay said judgment and
costs.
TERMS OF SALE-Cash.
WALTER H. HAENFTLING,
Sheriff of Garrett County.
The Republican. [volume] (Oakland, Md.) 1877-current, 1933-11-16

ner in Eastern Land Corporations
line; thence with Eastern Land Cor
poration's line, North degrees Is
minutes West, 1888 feet to the be-
ginning, containing 1873 acres, more
or less; the above last two parcels
of land being the same which were
conveyed to Blaine Wilburn, one of
the grantors hereunder, by Eastern
Land Corporation by deed dated the
31st day of October, 1924, and re-
corded in Liber E. 2. T., No. SO, folio
SO, ETC., one of the Land Records of
Garrett County, Maryland.
Reserving and excepting however
from the above described parcels of
land those two lots of the same which
have been released to the said Arthur
L. Lyle by the said A. B. Wilburn
by deed of release dated August 9th,
1929, and recorded in Liber E. q. T.,
No. 80, folio 484, one of the Land
Records of said Garrett County, the
parts released being designated as
Lots Nos. s and 9 on the Plat of A.
B. Wilburn and Nos. 10 and II as
plated by the said Lyle. Also Lot
No. 3 on the Plats of the said Will
burn and Lyle which were released
unto the said Lyle by deed of release
dated July 2Sth, 1881, and recorded in
Liber E. z. T., No. 104, folio IS, one
of the Land Records of said Garrett
County.
The said above described parcels of
land having been sub-divided into Is
desirable lake front building lots and
will first be offered separately.
Prospective purchasers are re-
quested to inspect said lots and con-
suit the assignee for any further in
formation.
TERMS OF SALE-Cash on the
day of sale.
WILLIAM R. OFFUTT,
Assignee.
Advertisement 3S-4t.