davidaulloa/AmericanStories huggingface dataset:
Evening star., 1933-05-14
HOME REPAIR LOAN
ACCOUNT EXPANDS
Agencies Expect to Extend
$75,0O0,O 900 Credit for
Renovation Work.
BY the Associated Press.

BY the Associated Press.
CHICAGO, May 13.-The building and
loan industry expects to lend upward
of $4,000, 900 this year to American
home owners for modernization and
repair projects. -
Already more than $15,000.000 has
been advanced to 1880 families since
January for such expenditures, the
United States Building and Loan
League announced yesterday on the
basis Of a Nationwide survey covering
the first three months of 1888.
The volume of lending, however. is
expected to increase during Summer
months. States thus far showing a
marked activity in this direction include
New Jersey. Illinois. Indiana, Virginia,
North Carolina, Kansas, Georgia, New
York, Kentucky, Pennsylvania, Michi-
gan and Missouri.
OF all building and loan associations
reporting to the league about IS per
cent listed some loans for renovation Of
homes. From two associations with the
highest score in this respect the aver
age home owner has borrowed between
$3.50 and 81 1000 for improvements.
At least half the amount lent SO far,
said Morton Bodfish, executive man
ager of the league, has been made pos
sible by local associations access to
money from Federal home loan banks.
Evening star., 1933-05-14
PENNSYLVANIA RAILROAD
WILL CONSTRUCT PIER

Special Dispatch to The Star.
BALTIMORE, May 13.-The Penn
sylvania Railroad has completed plans
for building a pier at Canton. to re-
place the three destroyed by fire last
July, and contractors are preparing to
submit estimates.
The new pier will be $50 feet long
and 223 wide. There will be deck OF
concrete on timber piling and super
structure of asbestos covered metal, with
metal doors and sashes.
Bids are returnable by the end OF
MAY, The new pier, to be known as
Pier No. /, will replace the DESTROYED
piers, Nos. 2, and 4, the loss Of which
was estimated at between 100000 and
100000.
Evening star., 1933-05-14
FEDERAL RESERVE
BANKSSTRONCER
Improvement in System Has
Been Steady Since Re-
cent Holiday.
BY CHAS. p. SHAEFFER,

Associated Press Business Writer.
The position of Federal Reserve
banks has been strengthened immensely
since declaration of the banking holiday
arising from the crisis early in March.
Since that time total Of 81 ,646, ,000,-
900 has been returned to the Reserve
banks and to the Treasury, representing
a part of that abnormal sum consti-
tuting money in circulation. At the
close of business on May 10 the amount
in circulation had shrunk to $780,
600 900 from the peak Of $7.538, 900 900
On March g. indicating withdrawal OF
funds from boarding. as well as more
normal restoration of the conduct Of
business through the medium of check
ing accounts. The present total, how
ever, is still $461 900 900 higher than at
the same time year ago.
OF the amount returned to the Gov
eminent more than $3.50 1000, 600 was
in the form of gold and gold certificates.
At $3,442, $4,000 on May 10, gold re-
serves Of the IL Reserve banks were
$758, ,595 900 higher than on March s,
and at the highest level on record.
All the factors outlined above have
combined to raise the ratio of reserves
W COIIlDlIleQ QtpOSlt dIlQ IlOte lldDlllleS
of the Reserve banks from 45.6 per cent
on March 6 to GAG per cent at the close
of business May 10.
In the meantime the total monetary
gold stocks of the Nation have risen
$40, 900 900 since the banking holiday,
amounting to $4,313 900 900 at the close
of business on May 10. These figures
show less Of recovery than the Federal
Reserve bank figures alone, due to the
fact that the return Of gold shipped
abroad or earmarked for foreign account
was less rapid than the recovery Of
gold from circulation in this country.
However, the segregation of all gold
stocks in the Treasury or in the Federal
Reserve banks, as ordered by President
Roosevelt's proclamation, has had the
effect of bulwarking the Nations credit
base to an unparalleled degree.
Total gold stocks of the United States
amount to approximately 40 per cent OF
the worlds total, and this amount, most
Of which IS in direct control of the
monetary authorities of the Govern
ment. Is larger than that of any other
country, exceeding the French supply
by more than 500, 900 900 on the basis
Of the latest Official statement Of the
European republics holdings.
Evening star., 1933-05-14
AUTOMOBILE OUTPUT
INCREASES SHARPLY
Production for Week at Highest
Figure Since June, 1881.
Gains Are Steady.
By the Associated Press.

BY the Associated Press.
DETROIT, May 13.-Cram's automo-
tive reports in a weekly analysis Of the
motor car industry today says:
Automobile production during the
week ending May 13 assembled to the
highest weekly figure attained since the
week of June q, 1881. Output was es-
timated at 51,671 units. It was the
eighth consecutive week production has
increased over the preceding period.
Production of passenger cars and
trucks In the United States and Can
ada for the first six months Of 1888
will amount to approximately 1000
units, based on the current trend and
expectations for the remainder of May
and for June" Output for the cor
responding period year ago was 911.-
lit units.
I'm view Of current improvement in
business activity the analysis adds, "it
is unlikely that such precipitous de-
cline as occurred in the second half
of 1882 will appear in the second six
months of 1888.
"A tentative estimate of 1,700,0 600
units for total 1893 production seems
consistent with the current trend and
outlook"
Last years total was slightly more
than 400, 900 units.
Evening star., 1933-05-14
TWO LOCAL FINANCIERS
JOIN LAWRENCE R. LEEBY

Lawrence r. Leeby of Lawrence r.
Leeby & Co., investment bankers, with
Offices in the Southern building an
nounces that Henry c. Privette and j.
w. Wartenberg have become associated
with the firm in the capacity of vice
presidents. Both men have had wide
experience in the investment banking
field and have recently been associated
with Robert G. Jones & Co.
Mr.. Privette Is a law graduate Of the
University of North Carolina, but gave
Up his practice about five years ago to
enter his present business.
Mr.. Wartenberg was formerly presi-
dent Of the Investors Club of New York.
and until the Fall Of 1881 was asso-
ciated with the Giannini banking In
terests, with ofnces In Albany and
Syracuse.
Evening star., 1933-05-14
CARLOADINGS DROP
SLIGHTLY FOR week
Decrease Of 1887 Reported Dur.
ing Period Ending May 8 by
Railway Association.
By the Associated Press.

BY the Associated Press
The American Railway Association
announced yesterday that loadinRs of
revenue freight for the week ending
May were 523.819 cars, a decrease Of
!l,857 from the preceding week and
1882 under the same week in 1882.
Miscellaneous freight routed during
the week Of May was 197,O66 cars. a
decrease Of 1924 from the preceding
week, but 632 over the same week last
year; less than car-lot merchandise.
164,343. an increase of 2,224 over the
preceding week, but 20,784 under the
corresponding week last year; grain and
grain products, 39,412, q decrease of
2.102 under the preceding week. but
l0,834 over 1892 and 4,159 over the same
week in 1881; forest products, l9.I67.
118 cars above the preceding week, but
255 cars under the same week in 1882:
ore, 5,766, increase A cars and 3.572:
coal, 1866 cars, decrease $50 and 3.729:
coke, 3,481, decrease 129 from the pre-
ceding week, but 256 cars over the same
week last year: live stock, 1873. de-
crease 2,458 from the preceding week
and $50 under the same week last year.
Evening star., 1933-05-14
new LUMBER BUSINESS
SHOWS Improvement
BY the Associated Press.

BY the Associated Press.
The progress which has characterized
the lumber industry during the last two
months was evident again during the
week ended May 6, when orders for
new business at the mills exceeded
200, ,0O0, 900 feet for the first time IN
two years.
In announcing the report which was
received from leading mills through
out the country, the National Lumber
Manufacturers Association said that
production likewise was higher than
for any week since last FAN. The OUT
put was given as 123, 900 feet, with
new business amounting to 206, ,665 900
feet, and shipments to 1884, 900 feet.
The upturn was shared by both hard
woods and softwoods, the association
said ...-.-l.-
Evening star., 1933-05-14
TAKOMA PARK LOAN
FIRM READY TO OPEN

Announcement is made by the
rakona Industrial Bankers, Inc. OF
Takoma Park, Md, that they Will
omen offices, at 80 Carroll avenue, for
business tomorrow morning. The com.
pany is in the business OF making smali
loans of $500 or less, on mortgages ana
other security.
William North Sturtevant, for years
connected with Hartman & Co. OF
this city, is secretary manager Of the
company and will be In active charge
of its operation.
Takoma Industrial Bankers, Inc, is
an afiliate of the Lincoln Service
Corporation (holding company OF
Washington.
Evening star., 1933-05-14
PRICES OF WHOLESALE
HARDWARE ADVANCE
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, May 13.-Activity In
wholesale hardware has recently. in
many cases, exceeded expectations.
Hardware Age says in its market sum-
mary. Staple purchases to avoid future
nrice increases have been more liberal,
though not broadly speculative. Quo
tations have been advanced or with
drawn by manufacturers In numerous
instances, and the inflationary intlu-
ences, coming at q time Of very low in
ventories, are rather quickly felt by
buyers.
While there Is some disposition to
defer important business decisions be-
cause Of the legislation now pending,
thu momentum already gained has kept
tho tlnd deoi6edaN NpNn6s -.
Evening star., 1933-05-14
ELECTRIC POWER OUTPUT
TOPS FIGURE FOR 1882
~ the Associated Press.

~ the Associated Press.
NEW YORK, May 13.-For the 1irst
time In nearly three years electric out
put consumption last week ran at .
higher rate than In the previous year.
Last weeks output Of l,432, TOT 900
kilowatt hours, as reported by the Ed
son Electric Institute, was O.5 per cent
ahead Of the 1.429 .032, 900 -hlowatt-
hour production Of the same week last
year. A moderate gain also was shown
over the figure Of the previous week.
which was contrary to the usual sea.
sonal trend. The last gain In output
.xspoxted was IN the week 0e June
~ 1oo0s ... ~. s.ls.--l-----l-l-i--
Evening star., 1933-05-14
Bank of England Statement.

LONDON, May 13 R.-The weekly
statement Of the Bank Of England
shows the following changes in pounds:
Total reserve increased $4,000; circu-
lation decreased 996, 1000; bullion de-
creased $4,000; other securities de-
creased $4,000; public deposits increased
2,563, 900; other deposits decreased T.
OIL 900: notes reserve increased 996, 900;
government securities decreased s.
40 900.
The proportion of the banks reserve
to liability Is 52.4S per cent compared
with 5000 last week.
Rate Of discount, per cent.
Evening star., 1933-05-14
Price of Dollar
Advances in Light
Week End Trading
BY the Associated Press.

By the Associated Press.
NEW YORK, May 13.-Trading In
foreign exchange markets was light to-
day, but the American dollar managed
to move up moderately in terms Of
leading European currencies.
Both the British pound sterling and
the French franc sagged, the former
losing a. of q cent at $3.971a for
cables, while the latter Was down .01
of a cent at 1858 cents. Dutch guilders
yielded is Of a cent at 47.25 cents,
Swiss francs we're of is of q cent and
Belgian belgas dropped 1-20 Of q cent.
Funds of Italy, Germany, Spain.
Canada, Shanghai and Mexico eased.
The Japanese yen was fractionally
higher.
Evening star., 1933-05-14
Bank Loses Court Plea.

FREDERICK, Md. May 13.-Applica-
ton Of the Fidelity and Deposit Co.,
Baltimore. requesting the court to mod
ify the decree, which included the as
signment Of four mortgages now in the
hands Of the receiver Of the closed
Central Trust Co., Frederick, to the
Peoples Banking Co, Smfthsburg. was
denied by Chief Judge Hammond Uruer
md hl61a. kl1a1E y WilIaHd
Evening star., 1933-05-14

BY the Associated Press.
A N expansion in domestic busi-
~ ness activity during the week
~ ended May 6 was noted in the
1 \ weekly review Of the situation
by the Commerce Department.
A number Of important industries,
including steel, automobiles and btu
minous coal, have bettered the operat-
ing rate Of the corresponding period Of
last year, and other major business in
dicators have advanced to q level ap-
preaching last years.
The freight-car loading report was
favorable, the total advancing AZ. .706
cars to the highest point since last
Fall. The decline of 3.3 per cent from
the same week of 1892 was the smallest
since 1929. Construction contracts
awarded in the final week OF April were
again extremely low.
Retail trade In April was decidedly
better than in March, and sales last
week were further improved. Market
ings of agricultural products Expanded
during the week. cotton and theat to
a larger extent than live stock. Hog
receipts were lower than a week ago.
but all classes were higher than last
wear
Evening star., 1933-05-14
BUSINESS GAINS NOW
At LAST-YEAR LEVELS
Ipecial pispatch TO The star.

Special Dispatch to The Star.
BOSTON, May 13.-The rise in busi-
ness activity, says the United Business
Service, has now carried volumes up to
the point registered at this time last
year. The service points out that this
Is the flrst time since the depression
started that aggregate business was
been on the same level - In the CORE
lR0Q6ipg period 3 Yeax pre41Q1A
Evening star., 1933-05-14
Cotton Consumption.
By the Associated Press.

BY the Associated Press
Cotton consumed during April was re-
ported yesterday by the Census Bureau
to have totaled 470, ,685 bales of lint and
81, ,73l of linters, compared with 4sl, 1877
Of lint and 50,082 of linters in March
this year. and 366.481 Of lint and
52,174 Of hnters In March. last year.
Evening star., 1933-05-14
Furniture Sales at Peak

NEW YORK, May 13 R.-The New
York Furniture Exchange, Inc, reports
sales of furniture at new high peak.
For the past week sales volume was Is
per cent ahead Of the corresponding
week in 1882,
Evening star., 1933-05-14
EARNINGS REPORTED.

NEW YORK. May 13 R.-Per share
earnings Of corporations reporting in the
past week with comparisons with the
previous year included the following:
Evening star., 1933-05-14
Bond Policy.

(Copyright. 1933.)
Imperial Valley press., 1933-02-22
Editorial Page
and
Features
WASHINGTON

JUST as the first touch of spring is a
y happy experience, so too is the arrival
OF the day set apart annually to honor
the birth Of Washington. the greatest
character in American history and with
out question one of the most remarkable
figures in all history.
Towering above his contemporaries in
ability and character as he did physical
~, the passage of time has but served to
increase the reverence accorded him.
With so many examples of meanness
and sordidness in our modern public
life it is refreshing to recall the men,
ory of man who willingly and unselfish-
ly served his fellow man as did Wash
ington. The story of his life is one that
is never boring. Not the highly imagina-
tive tales that have come down to US as
tradition which made Washington an
almost mythical figure in his aloofness
from human frailties, but the virile story
of man who lived full and active life.
who refused to quail or whimper in the
face of most disheartening adversity,
and who also declined to be spoiled by
the success which eventually crowned his
work
Washington at Valley Forge is an her.
oic figure. No less heroic is the Wash
ington of later years, who sternly put
down all moves to make him king, his
refusal to found dynasty being sincere
and not like Caesars triple declination
of the laurel More than one figure in
history has taken the fatal step of as
suming that his successes placed him
upon a plane beyond the reach of his fel-
lowman and that he was a law unto him
self. Washington's wisdom easily per-
ceived the danger of such course and
he never placed himself in danger from
the self-consuming fever of ambition.
No other nation has ever been more
fortunate in its founder. None should
be more solicitous in jealousy guarding
the heritage he has bequeathed 1t. Inc
United States will never stray far from
the right path if its leaders are guided
by the example of Washington. 1t is,
perhaps, a difficult path at times, but
the history of the nation has proved it
the proper one.
Imperial Valley press., 1933-02-22
IMPERIAL VALLEY PRESS
COOLING SYSTEM NEEDED

NEED of a cooling system in the new
~ post office, apparent to anyone at all
familiar with the climatic conditions of
the Southwest, has been overlooked by
officials of the treasury department at
Washington in drawing up plans and spe-
cifications for the building
The Ell Centro Chamber of Commerce
and other interested organizations in
this city have undertaken the task of
convincing the government that cool
ing system is essential to the efficient op-
GRAFTON of the post office during a great
portion of the year.
Weather data from the United States
Weather Bureau at Yuma, the nearest
point to Ell Centre where such informa-
tion has been kept for any considerable
period, have been forwarded to Wash
ington in an effort to convince the auth
critics that the specifications should be
changed to include cooling system.
The experience of business houses in
Imperial Valley, in erecting new build
ings, has been that cooling system is
not luxury but a necessity. For three
months of the year temperatures above
100 degrees are almost certain. For
three more months the reading will show
above 80 degrees. During both periods
the relative humidity is comparatively
high.
The efficiency of workers under such
conditions is at low ebb unless proper
provision has been made for their COM
fort. Their work can be done, without
cooling -ystem, but the physical drain
under such conditions is so intensive as
to be detrimental to good health.
1t would appear that there is little
sound argument against the need of
cooling system. 1t may be possible to
convince the government that a change
in plans is highly desirable, but such
change will stand better chance of be-
ing brought about through concerted
action on the part of Ell Centre citizens.
Endorsement of the change by individ-
uals, business houses and various organ
izations might lend considerable weight
to the arguments which have already
been made to Washington.
And we hope that Mr.. Woodin, as sec
retary of the treasury, will not come out
in favor of wooden money.
All of which leads to another bright
saying, there will be no Glass in the cab
met but it will have Woodin Hull.
Imperial Valley press., 1933-02-22
UNCLE WIGGILY'S SNOW
CARROTS

One day, when Mrs. Longears,
the rabbit lady wife of Uncle Wig
gily. came in from having been
down town, she said to her hus-
band: '-4
'Wiggy, my dear, I want to talk
to you"
"Oh, dearl What have l done
now?" asked Uncle Wiggily as he
twinkled his pink nose. He had Just
come in from having been out in
the woods and fields to look for
adventures. Il must have done
something wrong" he said to his
wife. You speak so sadly"
Il am bit sad, said Mrs. Long
ears. But it has nothing to do
with you, my dear. You have done
nothing bad"
We'll, I'm glad for that" said
Mr.. Longears, drawing a long
breath. But why are you sad?'
Il saw a sad sight this after
noon," said Mrs Longears. "On my
way home from having been down
to the three and four cent store to
Imperial Valley press., 1933-02-22
Don't Quote Me-
By United Press .

combined with deep emotion it can
jump six feet.
An ordinary flea, no matter what
It's emotional status, can jump l3
inches horizontally. 1t can jump
seven and three-quarters inches
vertically.
The office of public buildings
and parks is an exceedingly busy
place because an exceedingly i'm
portant job is in progress. 1t is a
lob that the office never before has
undertaken, even though it has
been awaiting somebody to do 1t
ever since the Indians used TO camp
on the spot that the President now
rises for his White House.
1t is big JOB, too, one that is
going to take months TO finish
Likewise it is a difficult task, one
requiring the closest concentration
and much high pressured calcula-
ton.
What is it? You'd never guess
The office of public buildings
and parks is counting, one by one
Imperial Valley press., 1933-02-22

get a new dress passed a little
cid stump house in which live a
family of rabbits-a papa rabbit,
a mother rabbit and ten little
Dummies"
"Oh, yes, I know the family"
said Uncle Wiggily. That's old
Mr.. Jumper, the white rabbit. He
hasn't as many children as have, "
and Uncle Wiggily spoke bit
proudly"
He may well be glad he has no
more" said Mrs. Longears.
"Why?" her husband wanted to
know
Because he has no carrots 10
feed them said Mrs. Longears.
Just think of it, Wiggyl The
Jumper rabbit family is so poor
that when 1 looked in I saw them
nibbling potato peelings. went in,
pretending I wanted a drink OF
water, for they have that, at least,
and 1 asked Mrs. Jumper why she
didn't feed the children carrots as
we do"
What did she say?" asked Un-
Gle Wiggily.
"She said" answered Mrs. Long
ears, that they didn't have a car
rot in the stump house! There was
hardly anything to eat and Tn
sure the poor little bunny children
must be hungry. They were cold
too, for I saw many holes in theil
clothes. Now, I can fix that, fol
I have a lot of very good clothes
that our bunnies have grown oul
CT. l am going to send Nurse Jane
down with the garments But whai
about some carrots for the hungry
bunnies?"
"Ill take them a lot of carrotsl
! promised Mr.. Longears. "I'll taxi
them bushels and bushels Of ouI
carrots from our cellarl"
II knew you would help!" saiC
Mrs Longears, kissing him jus
back OF his pink, twinkling nose
Imperial Valley press., 1933-02-22

Secretary of the Interior Ray
LYMAN Wilbur always strives to
please. In the second place the
secretary is a Californian.
So when he received a letter
from fellow resident of the sun
ny west coast asking for informa-
ton on the relative Ieaping ability
of fleas and frogs, the secretary
got busy.
He took the question up with the
agriculture departments bureau OF
entomology insofar as it concerns
fleas. and with the commerce de-
partment's bureau Of fisheries IN
sofar as it concerns frogs.
After some exhaustive expert
ments on the part Of the gentle
men in charge of the latter bu-
reaus. Secretary Wilbur was able
to forward the following informs-
ton TO his constituent:
An ordinary leap frog can jump
under normal conditions three
feet Under deep emotion it car
jump five feet. II firm footing is
Imperial Valley press., 1933-02-22
LIONS HOSTS
To VISITORS

Members of the auditors and
tax collectors convention who are
holding their annual gathering in
Ell Centre were guests of honor at
yesterdays meeting of the local
Lions club held at the Barbara
Worth hotel.
Ray Baker of Fresno, tax col
lector for Fresno county, was the
principal speaker, discussing the
advantages and disadvantages OF
the Riley revenue plan, which in
the main, was advocated by him.
According to the speaker one OF
the most important features of the
plan is repeal of amendment No.
of the state constitution which per-
mits public utilities to pay taxes
directly to the state. Under the
Riley plan they would be taxable
by cities and counties, being in
cluded in the base of taxation.
Another important feature of the
plan is the relief it will afford to
real estate since that property
bears an unjust burden of taxation
Baker pointed out that the stats
budget can not be greatly reduced
since there are certain fixed charg-
eS which can not be avoided, but
that the burden of taxation should
be equalized on all.
w. G. Neumiller, tax collector fol
| San Joaquin county and secretary
of the joint association, spoke brief,
! ly on the bonded indebtedness ol
the state, pointing out that NJ
matter how foolishly the debts may
have been incurred, they remair
and the state must pay them. I'm
I'll farmers prosper, California vii
not return TO prosperity, he said
w. d. Carey, county auditor, in
troduced Fred H. johnson. auditor
of San Joaquin county and presi
uent of the joint association.
/. Among the visiting Lions preSen