davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1933-10-05
Wisdom of Interest Cut
By u. S. Questioned

giving our money away, is that
any reason why we should lend
to it more cheaply?
And is 1t wise to force the rates
on extraordinary loans for indus
tries down below market rates?
Market forces have resulted in
bank loans to customers in the
principal cities at rates which
mostly run from 4 to 6 per cent.
(This is on loans secured by ware
house receipts. which I Surmise
is the type of loan which most
nearly resembles what the R. F.
c. now has in mind.
The yield on typical bonds
which are truly high grade is now
around AZ to 4.8 per cent. This
represents the return expected on
invested capital.
This is a rather high yield, and
indicates that investors are not
keen to tie funds up in plant and
equipment. 1t shows risks and url-
certainties, both on the score of
industrial earnings and the value
Of a dollar.
Under such circumstances, why
should we, through our govern
ment, undertake to lend funds to
the r. F. C. at 3 per cent?
1t seems to me that loan rate
cutting will either be futile or
not sound, i. e., are not likely to
be repaid. And I think that if
our money is to be loaned in that
way, it should be done directly
by the R. F. c., and should be re-
ported to us so that we may hold
that organization accountable.
The Washington times., 1933-10-05
Gain in Telephones
ShOUnl in Septen1beT

Net gains in telephones were
registered by two American Tele-
phone & Telegraph subsidiaries
in September.
The New York company dur
ing September had a net gain
Of 9.912 stations, compared with
Q loss of 11,167 stations in the
corresponding 1882 month.
Chicago telephone installations
Of Illinois Bell Telephone in Sep
tenber exceeded disconnections
by 5,688, while a year ago there
vas q loss Of 2,270 phones.
The Washington times., 1933-10-05
PITTSBURGH PRODUCE

PITTSBURGH, Oct. (INS).-
Poultry-Market steady; demand am
Pile; supply ample; colored hens, lbs
up. lac; medium, lee; Leghorn hens, 3 y
lbs. up. S@9c; medium. 1850: colored
springers. 3h lbs. up 12c; medium, 10
G11c: Hard Rock springers. lbs. up,
lac: Leghorn springers. 901Oc; roosters,
keys. hens. 17@1Sc: turkey. toms. 17@
1Sc.
Butter-Market steady: demand am
pie; supply ample 80 score. 24Ac; SO
score. 20%c: SS score, 19c: standard,
22Iac.
Eggs-Market steady; demand ample:
supply ample; nearby current receipts,
1S@19c: fre Sh extra firsts, 20@22c; hen
merry white extras, 2S@29c; Southern
Ohio. West Virginia, Kentucky. current
receipts 17@18c; refrigerator firsts, II
91Sc.
The Washington times., 1933-10-05
Grant Co. Reports
Years Gain to Date

NEW YORK, Oct. S G.N.SD.-
w. T. Grant Company's Septem-
ber sales totaled $6,423,347, COM
pared with $5,657,6 in Septem-
ber, 1882, an increase of 1875 per
cent.
Nine months sales were $751;
1883, against $48,644,528 in the
like period last year, a gain of
SO per cent.
The Washington times., 1933-10-05
Rail Credit Group
To Pau S1,473,OOO

NEW YORK, Oct. 5 Q.N.S).-
The Railroad Credit Corporation
today gave revised figures on the
amount of cash and credit to be
distributed as 2 per cent divi-
dent to railroads contributing to
its surcharge pool, to $1,472 900,
from a previous estimate Of ST.
100000.
Cash distribution will amount
to $607,000 and credit on loans
to $866,000.
STOX-
The Washington times., 1933-10-05
CLOTH MARKET

NEW YORK. Oct. s. S).-The
coarse yarn cloths market was quiet
once again today with mills generally
holding prices firm. Buyers who
checked the market as matter of
keeping posted, found mills reluctant to
bring out goods where bids for con-
Cessions developed.
There were little or no second hand
offerings of any consequence and this
aided in the better tone. Since mills
were we'll sold as to nerby deliveries,
and also had fair percentages of their
Novem ber December production booked
they were in rush to take business un-
less at firm prices.
The Washington times., 1933-10-05
y. s. Is Planning NeW
Statistics Service

With a view to keeping the Gov
ernment informed on the relation
between retail sales and cost OF
living. a new monthly statistical
service on dollar volume of retail
sales in all types of goods is be.
ing inaugurated by the Depart
ment of Commerce.
DR.. w. L. Thorp, director of the
bureau of the foreign and domes-
tic commerce, said the first re-
ports, covering September, will be
available in a week or so.
The service will start with the
collection of figures on automobile
sales, grocery sales, limited price
variety good sales and sales OF
rural and small town general mer-
chandise.
The Washington times., 1933-10-05
Hog Market SLOW
And Prices LOLDeT

CHICAGO, Oct. S G.N.SO Hog
receipts were $1,000 today, includ-
ing 5000 sent direct to packers.
The market was slow and bids 10c
lower, but statesmen were holding
on for steady rates. Top was $5.25
for light hogs, but some were held
at $40. Good heavy butchers
were quoted around $5.
Good heavy shipping steers
were strong and active. with the
palmer kinds slow. Cows and
heifers were steady. The calf mar
market was about steady at the
ket was about steady at the recent
decline. Stockers and feeders
were unchanged.
Sheep receipts were $4,000. De-
mand was slack and bids weaker.
The Washington times., 1933-10-05
Notes on Trade
Improvement

Electric power output
again tops 1881 mark, 10.2
per cent above year ago. E.
September iron ore ship
ments highest Of season. E.
Douglas Air untitled orders
more than treble last years
:. Iron Age reports rise in
steel ingot production. Sep
tember construction in Far
West doubles previous
months. New York port
trade In July 43 per cent
above like 1892 month.
ChrysIer sales past week best
in five years. Maytag re-
sumes dividend and Home
stake pays extra.
The Washington times., 1933-10-05
More Coffee Used
Since Beer Return

Contrary to expectations, con-
sumption of coffee in this coun-
try has increased since beer was
legalized, according to statistics
issued by the New York Coffee
and Sugar Exchange. These
showed that deliveries in Septem-
ber totaled 1929 900 bags, against
883,O00 bags in the same month
last year.
For the three months ended on
September 80, deliveries amounted
to 2,879,00O bags, against 2,527,-
900 bags in the same period last
wear.
The Washington times., 1933-10-05
WOOLlUOrth Sales
HiQher for Month

F. W. WoolWorth Company
September sales increased 11.2
per cent over the 1882 month
to $21,641,558, against $19,462,-
786. Sales in August were lis
above the year before.
Nine months sales to Septem-
ber 80 were $170,487,343, COM
pared with $174,100,859 in the
like period last year.
The Washington times., 1933-10-05
Retail Sales Near
Production Ratio

A seasonal advance in retail
trade during August combined
with downward productivity,
has narrowed the disparity to
some extent between production
and consumption, the Commerce
Department monthly business
survey shows.
The rise in retail sales over
the usual seasonal increase was
partly the result of price in
creases, the report stated. The
adjusted index or department
store sales showed 1919 jump;
chain store sales were also i'm
proved.
The Washington times., 1933-10-05
U. S. TONNAGE GROWS

A total of II steam, motor, sail
and unrigged vessels of 5,673 gross
tons were built in the United
States and officially numbered in
August, according to information
made public by A. j. Tyrer, AS
sistant Director of the Commerce
Departments Bureau of Naviga-
tion and Steamboat Inspection.
In August, 1882, IS such vessels Of
2,697 gross tons we're added to the
American Merchant Marine.
The Washington times., 1933-10-05
Treasury Offering
S75,OOO,OOO Notes

The Treasury today is asking
bids of $75,O0O,00O in 9O-day bills
dated October II and maturing
January 10. 1884. to be sold at
discount and redeemed at face
value.
Tenders will be received up to
2 p. m. EST, October 8, at all
Federal Reserve banks and
branches.
The Washington times., 1933-10-05
Central Traffic Up,
PennSuLU0ni1'S Off

NEW YORK, Oct. S GN.S0.-
New York Central Railroad re-
ports last weeks loading totaled
100,972 cars, against 98,048 in the
previous week and 94,036 cars in
the same 1892 week.
Pennsylvania's loadings were
lower, totaling 93,788 cars, against
94,338 the week before and 88,702
a wear ago.
The Washington times., 1933-10-05
NeW York to Issue
S29. $4,000 Bonds

NEW YORK, Oct. 5 G.N.SO.-
New York State within a few
days will announce an issue Of
1ong-term bonds totaling about
$29 100000, it was indicated to-
day.
The new financing is expected
to comprise $2O.OOO.O0O institu-
tional building bonds due in 1
to Is years, and $9,5O0,00O grade
crossing bonds due in l to so
years,
The Washington times., 1933-10-05
Montgomery Ward
Has AUQlLSt Profit

After operating in the red dur
ing the first and second quarters
of it's fiscal year, Montgomery
Ward & Co. in August showed a
net profit of approximately 1000
600 after all cha%ges.
This reduced to less than $2,.
100000 for the seven months end
ed August 81 the cumulative net
loss for the year, which at the
conclusion of six months ended
July 81 stood at $3.479. 500.
The Washington times., 1933-10-05

ernment credit
to various busi-
neSSeS.
The head Of
the r. F. C. is
urging the U.
S. Treasury to
cut it's ra t e
charged on ad-
vances of funds
from 3K to 8
per cent. The
re q S onS he
gives are, &C
cordin G to
press reports,
as follows.
The Washington times., 1933-10-05
2 Square Miles
Of Table Salt

GRAND SALINE, Tex,
Oct. 5.-COre tests obtained
by drilling the enormous salt
deposit here show that 1t
has a length of two miles
and a width Of one mile.
The depth Of the rock salt
averages 5000 feet.
1t is estimated that the
salt deposit contains approx
mately 2O.OOO,OOO,O0O tons Of
pure table salt.
Commercial mining of this
salt has been in progress for
many years.
The Washington times., 1933-10-05
BOND DEALINGS FLAT

Interest due October l on the
$3,044,000 6 per cent debentures
of the American Type Founders
Co., maturing 1910, not being
paid. the New York stock ex-
change has ruled that henceforth
the bonds will be dealt in flat.
The Washington times., 1933-10-05
POLISH BEET CROP HURT

Continued low temperatures in
Poland have greatly retarded the
growth and heavy rainfalls this
season have reduced the percent
age Of sugar in the beets. These
adverse conditions will be re-
Elected in prices Of beet sugar from
this years crop.
The Washington times., 1933-10-05
POLISH TRADE BALANCE

August Polish foreign trade
showed a favorable balance of
371 900 zlotys. Imports increased
over July by 275,O00 zoltys, while
exports decreased by 9,232,O0O
zlotys.
The Washington times., 1933-10-05
NEW POST FOR HOYT

Richard Hoyt, aviator, sports
man and stock broker, has severed
relations with Hayden, Stone &
Co., to become vice president Of
HayStone Securities, of which
Charles HAYDEN is president.
The Washington times., 1933-10-05
LEHMAN ASSETS DIP

The Lehman Corporation re-
ports an asset value of 1888 a
share as of September 30, COM
pared with $84,01 share on June
80 this year.
The Washington times., 1933-10-05
PUBLIC DEBT SURVEY

Slow tax collections and early
principal maturities continue to
be responsible for most of the
municipal bond defaults, Webster,
Kennedy & Co.. New York poinG
out in their semi-annual editio1
of Comparative Debt State
ments," Just published.
The Washington times., 1933-10-05
HEAVY BOND MATURTIES

Nearly 1000 corporate bond is
sues, aggregating about $780,
100000 in principal amount, will
become due within the next 16
months, according to Frazier,
Jelke & Co.
The Washington times., 1933-10-05
WOOL MARKET

NEW YORK. Oct. 5 GNs.) Wool
firm. Domestic fleece. unwashed. Ohio
and Pennsylvania. 2S@41: domestic,
pulled secured basis, Is @90; domes-
tic. Texas, clean basis 72@Se; domestic
territory. clean basis 65@S4.
The Washington times., 1933-10-05
BY LEWIS HANEY
Professor Of Economics New York
University

This is a good time to inquire
into the wisdom of making low
interest charges or loans Of Gov
The Washington times., 1933-06-30
PRIMARY VIEWS
/. HELD SURE To
BIAS VOTE
Special Legislature Session to
Sit Nine Days After Public
First Goes to the Polls

While merchants in nearby Vir-
ginia counties rejoiced today over
the possibility that beer would be
sold within so days, wet leaders
Of the State complained that Gov.
John Garland Pollard in calling
q special session of the legislature
for August 10, had aided the dry
cause.
The vets said that Pollard had
set the sepcial session opening
nine days after the primary in
which will be chosen the members
of the legislature which takes Of
flee in January. Primary choices
are tantamount to election.
Because of this, vets contend,
present members of the legislature
whose votes are now doubtful will
ibe able to ballot on the beer
question according to the primary
sentiment.
They also contend that a dry
victory in the primary will ruin
the States chances for beer and
repeal of prohibition.
The Washington times., 1933-06-30
THREATS
To Be CITED At
MICK TRIAL
Mrs. Janice Mick to Take
Stand in Staying Case;
Witnesses Back Story

TOWSON, Md, June 30.-Sen-
sational testimony regarding the
married life of Mrs. Janice A.
Mick, charged with the murder
of her husband, Lonnie E. Mick.
on June 9, at his Hartford county
estate, was expected today when
the defense places her on the
witness stand in her own behalf.
Shortly after the State closed
it's case last night in the trial
here, defense attorneys announced
they would place Mrs. Mick on
the stand today.
Old Threat Repeated
This announcement followed
testimony by Sergt. Talbot Kelly,
Of the Baltimore county police
department, a defense witness,
that Mick threatened to kill his
wife several years ago.
Mrs. Mick, who is alleged by
the defense to have shot her hus-
band in self-defenSe, is expected
to reveal sensational testimony
OF her life since she divorced her
first husband, Austin st. Clair
Byrne, and married Mick in 1927.
The basis for the testimony of
the Baltimore policeman was laid
by Douglas Wigner, of Towson,
who told the story of a party at
the Mick home, then at Stone
leigh, in the latter part of 1927
or the early spring of 1928, when
the members of the party "au
had several drinks"
Went For Gun
Wigner stated that during the
party Mick became incensed when
his wife and Toby Blizzard, a
State policeman, were speaking
together in French. He said at
that time Mick rushed upstairs,
saying:
"NO man is going to talk to
my wife in a foreign language
/ don't understand. I'll kill
the
The Washington times., 1933-06-30
County Land Suits
To Be Tried JULY II

Eight condemnation suits filed
by the Montgomery county COM
missioners to acquire rights of way
along Wisconsin Avenue from
Bradley Lane to the District Line
for the purpose of widening the
avenue will be tried in Circuit
Court at Rockville July II.
Wisconsin Avenue will be Wild
ened to rs feet and the trolley
poles will be replaced by an un-
derground cable.
The Washington times., 1933-06-30
Arlington C.. of C..
Asks IS Auto TQQS

Letters to various chambers of
commerce and civic and profess
sional groups of Virginia asking
they support the drive for reduc-
ton of automobile license fees to
a flat rate of $5 per year on all
makes of cars were being sent to-
day by the directors of the Ar
lington County Chamber of Com
merce.
Frank G. Campbell, newly
elected director. who succeeded
Guy N. Church, resigned, is
sponsor of the project. At the
present time Virginia motorists
pay annual license fees of 70
cents per 100 pounds of the car
weight.
The Washington times., 1933-06-30
Rotary
To Install Heads

DR.. Stacey T. holland, newly
elected president of the Arlington
County Rotary Club, will be in
stalled at a meeting of the Or
ganization at the Washington
Golf and Country Club, next
Thursday.
Other officers to be installed
at the same time are Carroll v.
Shreve, vice president; Ernest M.
Shreve, treasurer, and William M.
Stone, secretary.
The Washington times., 1933-06-30
Central Library
Will Close EarLu

Beginning tomorrow the CEN
tral building of the Public Lii
brary, Eighth and K Streets
Northwest, will close each Satur-
day at 4 p. m. until September
9. The central building will con-
tinue to observe a l o'clock clos
ing time on Fridays.
Branches of the library will OBJ
serve usual hours during the
summer. All agencies, however,
will be closed the Fourth of July.
The Washington times., 1933-06-30
Robert Washington
Dies at Mount Airu

COLONIAL BEACH, Va, June
Writ Washington,
member of a family long prom
inent in the northern neck and
himself an employe of the United
States Government for 35 years,
died suddenly yesterday at
Mount Airy" his King George
county home. Mr.. Washington,
a son of the late Robert j. Wash
ington, of "Campbellton," near
Oak Grove, was stricken with
paralysis.
The Washington times., 1933-06-30
County Heads Study
Fire ApparatHS Bill

Settlement of the claim of the
American LaFrance and Foamite
Corporation against Arlington
county for fire engines purchased
some years ago will be attempted
at the meeting of the county
commissioners in the courthouse
today.
The company claims the total
amount due them is $4,000. The
commissioners at a recent meet
ing offered $4,000 in complete
settlement.
The Washington times., 1933-06-30
Rockville Rotary
IE1stnLLs Officers

DR.. j. w. Bird, Of Sandy
Spring, was installed as presi-
dent of the Rockville Rotary
Club, at the luncheon meeting
yesterday.
Others installed were o. w.
Anderson, vice president; l..
Fletcher Schott, secretary, and
Sidney H. Karr, treasurer. Edgar
Reed, retiring president, told of
the activities of the club during
the last year.
The Washington times., 1933-06-30
RUM HOLDS MAN

Joseph Wood, Of Hughesville,
Charles county, Md, was held in
$1,000 bond for action of the Fed
eral grand jury on charges of
manufacture and possession of
liquor after a hearing yesterday
before j. Frank Parran, United
States Commissioner at Upper
Marlboro. Wood was arrested
June 26 in a raid on a still near
Benedict.
The Washington times., 1933-06-30

NnRRE 1880 O Street
nU e Northeast
Today-GEORGE BRENT and KAY
FRANCIS in "THE KEYHOLE."
Bobby Jones Golf Short No. l. To-
morrow-Gene Raymond and Loretta
Young in ZOO in Budapest" Cartoon
and Phantom of the Air' No.
The Washington times., 1933-06-30
AMBASSADOR 18th IA: St u: " S: Col.

Today-Fay Wray & Gene Raymond
in ANN CARVER'S PROFESSION"
Walter Catlett Comedy Chic Sale
comedy. Tomorrow-James Dunn and
Sally Eilers in Sailors Luck -
Phantom of the Air" No. 8 and Our
Gang Comedy
The Washington times., 1933-06-30
Warner BROS. THEATERS
EARLE
18th st. Below Il

ERnlE 18th st. Below
EAnh6 st. n. w.
Screen-RICHARD BARTHELMESS
in HEROES FOR SALE" with Lo-
retta Young & Aline MacMahon. On
Stage-July Frolic. with Johnny Per-
kins, Gertrude Hoffman Girls and
Others
The Washington times., 1933-06-30
624 III Street
Northeast

RuhR nm Connecticut Ave. and
ABH6UW Mckinley ST.. d. O.
THE LITTLE GIANT" Bobby Jones
Golf Short No 1. Tomorrow-Fay
Wray & Ralph Bellamy in Below the
Sea-" Taxiboys Comedy and Three
Musketeers' No. 3
The Washington times., 1933-06-30

ME MUFUhIE AN st. N. W,
Washington Demands Third Week
Warner Bros Sensational, Dramatic
and Musical Spectacle, GOLD DIG
GERS of 1888" 13 Stars, 500 Girls,
5 Song Hits
The Washington times., 1933-06-30

VoU can pay too much for
l. a perfect figure. Loss of
strength and health may result
from an extreme diet, doctors
tell us: Don't starve yourself:
Here's the secret of safe diet
ing, known to women who
earn their living by their beauty:
Include some energy food in
every meal, preferably slo-
baked bread:
This means Wonder Bread.
The famous slo-baking method
used in baking Wonder Bread
dextrinates starches makes
them easy to digest. That's why
Wonder Bread gives you the
energy you need, quickly.
Take the advice of women
who have to be beautiful e:
who have to keep their charm
as we'll as their figure. Eat at
least two slices of Wonder
Bread, plain or toasted with
every meal. If you must lose
pounds, lose them safely.
Tie MMwyA@nmM8~h~
CONTINENTAL BAKING co.
The Washington times., 1933-06-30

'If at first YOU don't succeed, try,
try again." An ag cold saying, but ever
true. If you haven't been able to locate
the apartment you want. read the
timely selection offered daily in the
WANT AID SECTION 1T this newspaper.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-07-24

Greatest amount In anv one
risk .................. No Limit
Greatest amount allowed bv
rules OF the company 70
be insured in anv one CITY.
town or village ........... No Limit
Greatest amount allowed TO be
insured in anv one block No Limit
Life COMPANIES. Maximum
risk written .... No Limit
Amount retained bv company 5 10. 900 90
STATE OF INDIANA:
Office Of Commissioner OF Insurance.
I. the undersigned. Commissioner Of In
surance of Indiana. hereby certify that
the above IS a correct copy OF the State
ment OF the Condition OF the above men,
toned Company on the 3ist day OF
December. 1882 as shown BY the original
statement and that the said original
statement is now on file in this office.
In Testimony Whereof. ! hereunto sub
scribe my name and affix my official seal.
this 26th day of June. 1888
ISeai1 HARRY z McCLATN
CosV,.,,frcfopor
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-07-24
Greatest amount IN any one risk Unlimited

Office Of Commissioner OF Insurance,
I. the undersigned. Commissioner OF In
surance OF Indiana. hereby certify that
he above is a correct copy OF the State
ment Of the Condition Of the above men,
toned Company on the 3ist day OF
December. 1892 as shown BY the original
statement and that the said original
statement IS now on file in this office.
In Testimony Whereof. / hereunto sub
this 2eth day of June 1888
Seal HARRY e MCCAIN
Cor1rfSgtOnar
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-07-24

Greatest amount IN any one
STATE OF INDIANA.
Office Of Commissioner Of Insurance.
l. the undersigned Commissioner Of IN
surance of Indiana. hereby certify that
the above is a correct COPY Of the State
ment of the Condition of the above men,
toned Company on the 3ist dav of
December. 1882 as shown by the original
statement and that the said original
statement is now on file in this office.
In Testimony Whereof l hereun.o sub
scribe my name and afix my official sea-
this 25th day Of June 1888
[Seall HARRY E McCLAIN
T-nry ,r,ie
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-07-24

risks .....''....... No Record
rules Of the company 10
town or Village -. No Record
insured in anv one block. -. No Record
STATE OF INDIANA:
Office Of Commissioner OF Insurance.
I the undersigned. Commissioner OF In
surance Of Indiana. hereby certify that
the above IS a correct copy OF the State
ment o, the Condition Of the above men.
toned Company on the 3lst day OF
December. 1892 as shown BY the original
statement and that the said original
statement is now on file in this office.
In Testimony Whereof. ] heTeunto sub
scribe my name and afix nv official seal,
this 2sth day Of June. 1888.
TSeaII HARRY r McCLAIN
Commissioner
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-07-24

81
Ofice OF Commissioner Of Insurance,
J. the undersigned. Commissioner OF In
surance OF Indiana hereby certify that
The above is a correct COPY OF the State
ment OF the Condition OF the above mem
toned Company on the 3ist day OF
December 1882 as shown BY the original
'tatement and that the said original
statement is now or file in this Office.
In Testimony Whereof. ] hereunto sub
scribe my name and aeix my Official seal.
this 2sth day Of June 1888
ISeail HARRY E MCCAIN.
-,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-07-24
STATE iGTf! OF INDIANA 'se.s7'.i'72s

= % = Ut INUINNN.
Ofice OF Commissioner OF Insurance
l. the undersigned Commissioner Of IN
surance of Indiana hereby certify that
the above is correct COPY OF the state
ment OF The CONDITION Of he above men
toned Company on the 3lst day Of
December 1882. as shown by the original
statement. and that the said original
statement IS now on file IN this office
In Testimony Whereof ! hereunto sub
scribe nv name and affx nv official seal.
this 28th day OF June. 1888
lSeall HARRY T. McCIAIN
Con, irr IL,