davidaulloa/AmericanStories huggingface dataset:
The Chapel Hill weekly., 1933-04-21
Off in a Canoe


procured in Durham furnished
most of the wood work
No great difficulty was en-
countered until it became neces-
sary to make the curved ribs.
Since there were no local facili-
ties for bending wood in the
proper shape. Farrar obtained
from the University building
department some metal lath
which he adapted and b0lted to
the wood. The result was q
stout, compact canoe which IS
watertight and is not too heavy
for possible portages.
1t was first tried out in New
Hope creek and then had a sec
Ond test on the University lake.
In the equipment for the trip
are hammocks and squares Of
canvas to be used a. pup tents.
The travellers will sling the ham
mocks under trees and thus
avoid insects and damp ground.
Both young men have had
high scholastic records Farrar.
who is son Of ?. {. Farrar, at
tended Amherst and has recent
~ been taking lectures in the
University medica school. Koch.
who is d son Of the director Of
the PIaymakers, was president
Of PHI Beta Kappa
The Chapel Hill weekly., 1933-04-21

Coming By automobile from
Springfield. ONO, last week, Mr.,
and Mrs. Lee Bayley and Eden
Bayley took Miss Jane Pratt
Bayley aboard at Richmond and
brought her on to Chapel Hill.
She went back to St, GATHERINGS S
School after two days here. Lee
Bayley, Elden BayIey, and 10
Pratt, Jr., went TO the coast
near Swannsbor0.
The Chapel Hill weekly., 1933-04-21

being advertised to be sold by reason
Of the fact that the parties of the
first part in the deed of trust above
referred to have defaulted in the pay
ment Of the indebtedness secured
thereby and at the request of the
owner and holder Of the notes secur-
ed by said deed of trust 4 deposit
of Sc of the amount bid will be re-
quired by the undersigned Substitute
Trustee Of the final bidder at the close
The Chapel Hill weekly., 1933-04-21
NOTICE OF SALE OF REAL
ESTATE

Under and by virtue Of the terms
and provisions of that certain deed
Of trust, executed on May 16. 1881,
by and between John r. Holloway
and wife, Elizabeth f. Holloway,
parties of the first part, to B. G..
Proctor, Trustee, (the undersigned,
]. Elmer Long, having been named
by the Clerk Of the Superior Court
of Orange County as Substitute Trus-
tee in said proceeding heretofore in
stituted and properly concluded)
party of the second part, and the
First National Bank of Durham,
Guardian for Pearl Olive Rigsbee,
George Thomas Rigsbee and Cath
crime Adams Rigsbee, minors, party
of the third part, which said deed of
trust is recorded in the Office Of the
Register of Deeds Of Orange County
in Book of Mortgages S3, on page 4,
the undersigned, ]. Elmer Long, Sub
stitute Trustee as aforesaid, will, on
SHff RRDH T, MA E, f993333 9933
AT 1900 O'CLOCK, M.
on the premises Of the property here
inbelow described, offer for sale to
the highest bidder or bidders for cash
one-half interest in the following de-
scribed property, to-wit:-
Lot No 81. containing SO acres
more or less.
Lot. No. 81, containing CTS acres.
The Chapel Hill weekly., 1933-04-21

Festival, if it pleases residents
by its first offering, may become
an annual village event at which
all old Chapel Hillians may
come, meet their friends, and
enjoy themselves in a free-and-
easy way. It's purpose is to cele-
brate the annual blooming Of the
dogwood by simple and enjoy
able rites.
The Chapel Hill weekly., 1933-04-21
Shaw's Speech in New York
(Leu'iS Gdnrlett ia the NeaC
York Herald Trlbune)

Bernard Shaw seemed cruelty
old Tuesday night, standing on
the stage in the Metropolitan
Opera House, delivering the
wrong lecture to the wrong au-
dience. Those stiff -shirted no
bodies, able to pay IS a seat, lis
tened politely to the old man
applaudlng gently, because he
was an old man and had lovely
Dublin accent, and obviously had
nothing dangerous to say that he
had not said often before, and
said better, when the razor edge
Of his wit was sharper
If Clemenceau had come to
America in his seventy-seventh
year and talked half as brilli-
antly for an hour and forty min
utes. the same people who now
shake their heads at Bernard
Shaw would have applauded the
performance with wild enthusi-
asm. But Bernard Shaw is
man who has been pioneering
for a full half century; and be-
cause Of his record we demand
of him still that he do more than
say the old things well. We ex-
pect him still to make new dis
coveries. 1t is too much to ask.
Bernard Shaw is older than Kip
ling and Barrie, but the springs
Of his inspiration flowed fresh
for a quarter century after they
had run dry; and still we de-
mand, More, more, 1t is not fair.
1t is the cruel tragedy of age.
Already they are saying that
ShaW's work dates" It dates"
no more than do Dickens and
Hardy, or any Of the elder Eng
lish dramatists Except Shakes
peare, whose work is always be-
ing re-edited). These things
can be said with certainty of
Shaw; that the impress Of his
work upon the mind of the Eng
disappearing world is as deep
as that Of any writing man in
his half century; and that Ber-
nard Shaw himself is one of the
truly great, permanent charac-
ters of English history. DR..
Johnson, whose writings are not
read today, though his name is
a byword, was no greater. And
Shaw, too, has his Boswell, his
Archibald Henderson.
The Chapel Hill weekly., 1933-04-21
Music and Dancing

Continued from first page
rangement they will sing John
Writ the Book Of Revelation"
which experts who have heard
it say contains rhythms and har-
monies unlike any spirituals
heard in these parts before.
Local residents will be parti-
cularly pleased to hear~that the
University Glee Club, not heard
here in some time, viii sing By
special request they will give a
new arrangement Of "Cindy,'
the old folk-song, and other mel
odies. They also may offer
quartet selection.
The morning program will be
gin at 1890 O'Clock, when fid-
dlers, banjoists, and guitariSts
will play melodies from the
mountains and down east. Bal
lads will be sung, and Johnson's
orchestra will follow them with
compositions based on folk
themes.
From 2 to 4 the program will
be Interrupted to make way for
track meet between Duke and
Carolina on Emerson field
Those who wish may use this
time to visit the gardens Of the
village, which will be open to all
visitors the exhibition Of the
North Carolina Professional Ar
fists Club at the Hill music hall :;
or the exhibits Of Tar Heel arts
and crafts TO be housed in the
Dper rooms Of Graham Me
0rial. The crafts exhibit will
ready next Thursday, April
2't. One room will have d dis
play Of local antiques in charge
Of Mrs. K. J. NJ. Hobbs, acting
for the Community Club.
The festival will really be set
in motion Friday evening, April
28, with performance Of ali
Baba and the Forty Thieves" at
the Playmakers Theatre. Harry
Davis will be the director.
Assistance in guiding visitors
will be given by the Scouts of
Region 6, who will be holding a
big Camporee in the woods back
Of the Kenan Stadium from Fri
day to Saturday.
There will be at least six at
I fractions in Chapel Hill on the
29th, besides the program itself.
AS far as possible, partici-
pants in the festival will come
from communities close to Chap
el Hill, but several surprises are
promised.
1t is hoped that the Dogwood
The Chapel Hill weekly., 1933-04-21
Plays Today and Tomorrow

Sailor, Be Good" with Jack
Oakie, is on at the Carolina to-
day friday. Tonorrow's Off
ering is "The Tonto Rim" by
Zane Grey, with Stuart Erwin
in the chief role.
Evening star., 1933-05-06
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, May 6.-Following is
today's summary Of corporation news
prepared by Standard Statistics Co.,
Inc, New York, for the Associated
Press:
Advertising, Printing ana Publishing.
Holt (Henry) g. Co., Inc.-Declared
dividend of IS cents on class A stock;
previously 2212 cents quarterly.
Food Products.
National Distillers' Products Corpora
tion-W E. Lewis, president OF owens
Illinois Glass Co.. and H. o. Bceschen-
stein vice president, have been elected
directors of company.
Household Products.
Colgate Palmolive Peet Co. - In
creased prices of number Of its laun-
dry soaps and general toilet soaps.
Congoleum- -Nairn, Inc. - Advanced
prices of hard-surface floor coverings
ranging from per cent to 10 per cent,
effective May 20.
Miscellaneous.
Owens Illinois Glass Co.-To take
over entire assets and business OF
Hemingway Glass Co. of Muncie, IND,
manufacturer CT glass inSulators, and
also ~ NClll MdClllllC w. Va 4OiCAo,
manufacturer of glass bottle blowing
machines of the vacuum type; it Is un-
derstcod that over S500,000 is involved
in deals.
Consolidated Oil Corporation-Sub-
sidiary posted price of 25 cents a bar
rel for East Texas crude and met prices
offered by other companies in Texas
fields; previously company had posted
price of 10 cents for East Texas oil.
Humble Oil G. Ref1ning-Has with
drawn its posted price fer East Texas
crude oil because of excessive produc-
ton.
Texas Corptration-Subsidiary, Texas
Co., met price cuts in Texas fields and
in addition made reductions for North
Louisiana crude ranging from 3 cents
to 27 cents a barrel.
Railroad and Railroad Equipment.
Pullman, Inc, deficit March quarter
81 1881 VS.. deficit 1878, ,169.
Chicago. Milwaukee, st. Paul & Pa
cific Railrcad-EstimateS its revenues
from beer traffic at 100000 per
arnum; income account estimates for
1888 shows net deficit of $18,005, sos,
based on actual figures for first three
months.
Colorado g. Southern Railway-March
net operating deficit S2,067 vs. net op-
Grating income of $87,456; three
months net operating income $96,559
VS.. S3l0,699.
Evening star., 1933-05-06
BANK. TO CONTINUE
ITS CREDIT POLICY
Federal Reserve Prepared to
Resume Open Market
Operations.
BY CHAS. r. SHAEFFER,
Associat ted Press Business Writer.


Indications have been given at the
Treasury that the open market policy
of the Federal Reserve Board will be
continued from time to time as the
board itself sees fit.
The special usefulness Of open mar
ket operations exists in the fact that
the Federal Reserve Banks themselves
take the initiative IN making funds
more plentiful.
Under normal conditions, this initi-
ative is taken by private borrowers who
apply to banking institutions where
they conduct their business. II the
banking institutions do not have surplus
funds 1t is their normal custom to apply
to the Federal Reserve Bank Of their
district for a temporary loan.
The open market policy Of the Reserve
Board was created as q weapon to COM
bat such abnormal conditions as have
arisen in the banking world during the
last few years. Since the public does
not take the initiative to correct liqui-
dation Of bank credit, it is necessary
for the credit making authority to do
so and by its own action increase the
amount Of credit available in the
market.
TnlS Is done py the purchase OF Gov
eminent bonds, issuing new credit for
the purpose. The checks given for the
bonds will be deposited in banks and
thence pass back to the Reserve Banks,
either in payment for past, rediscounts
or for credit In the reserve accounts Of
the member banks, where the credit will
serve as the reserve base for possible
expansion Of member bank loans or in
vestments In at least ten times the
volume.
Heretofore, the policy has been en-
forced when excess reserves Of member
institutions have fallen below the
$500, 600, 900 level.
Evening star., 1933-05-06
FOREIGN EXCHANGE

NEW YORK, May (P.-Foreign
exchange easy. Great Britain in del
lars, others in cents.
Great Britain demand, 3.977s; cables,
3,98; 6o-day bills, 397A. France de-
mand, ASS 1915; cables, 456. Italy
demand, 6.1924; cables, 6.2o.
Demands
Belgium. 1921; Germany, 2s.241s;
Holland. 47,14l2; Norway. 2o341s; Swe-
den, 20.6912; Denmark, 17.741s; Switz-
erland, 22.4sl4; Spain, 1oO51a; Portu-
gal, 3.68n: Greece, .657sn; Poland,
l2.93a4n; Czechoslovakia, 3.551an; Yu-
goslavia, 1.535sn; Austria, 14.60n; Ru-
mania. .6834n; Argentina, 3O.66n; Bra
I'll, 7.59n; Toxic, 2425; Shanghai, 25.45:
Hongkong, $500; Mexico City (silver
peso). 30.10; Montreal in New York,
$500; New York in Montreal, 11a.75.
n-Ncminal.
Evening star., 1933-05-06
CHICAGO STOCK MARKET

CHICAGO, May R.-Following is
the complete official list Of transactions
in stocks on the Chicago Stock Ex-
change today:
Evening star., 1933-05-06
BONDS IRREGULAR
J IN PROFIT TAKING
Small Losses Are Caused by
Selling in Recently
Active Issues.
BY CHARLES F. SPEARE.

Special Dispatch to The Star.
NEW YORK, May Ga disposition
to take some Of the profits that had
accrued this week in speculative bonds
was indicated in lower prices through
out the active list in today's market.
At the same time there were substantial
movements in number of securities
that have not been so prominent. The
turnover was heavy for the short ses-
SIGN.
Bonds moved in many cases in SYM
pathy with speculative stocks and the
motive for selling them was the re-
dictionary tendency that developed in
the share market during the day. Losses
were not of sufficient size to have a
great deal Of significance and they left
prices much higher than those of a
week ago.
In a number Of active second and
third grade railroad bonds the declines
were point, as in Southern Pacific
4l2s, MisSouri-Kansas-T Texas Adjust
ment IS and Baltimore e. Ohio refund
ing 6s. New York Central debenture
IS had drop of 3ls points. On the
other hand, better grade issues like
Atchison As of 1850 were up a point,
Erie Consolidated As rose over a point
and Baltimore & Ohio refunding SIS ad-
vanced points. Canadian Pacific is
sues were strong, as were those of the
Pennsylvania
In the lower grade public utilities a
decline in all Of the International Tele-
phone g. Telegraph issues was a fea-
ture. but Western Union SIS gained a
point. Pure Oil 515s of 1910, Reming-
ton-Rand 5las. United Drug SIS and
Hudson Coal SIS were strong.
The high premium on French francs
and rumors in London that France
would go off gold shortly, might have
influenced the decline in French gov
eminent loans. In contrast to this
was the strength in the French City IS.
German government issues were heavy
at the start, but later rallied. Swiss
5las touched new high record. Cana
dian government SIS declined over a
point and Argentine government IS
nearly a point.
Starting in active and with small
changes, the United States Government
list later showed a further advance in
the discount 3ls and 3 per cent issues.
Evening star., 1933-05-06
New York Cotton

By the Associated Press.
NEW ORLEANS, May Cotton fu-
lures turned irregular on profit taking
today, after entering new high ground
for the movement, with early net gains
OF 60 to 10 cents a bale. but quota
tions for immediate delivery cotton. re-
vised on the basis Of July futures,
jumped forward 81 a bale even, to es-
tablish and hold new 1888 top at 8.56
cents a pound for spot middling
In an active futures market, July at
the opening went to 8.65 and October
to 8.88, making new highs for the
year for the second successive day and
the fourth time this week, in response
to a higher Liverpool market and
strength Of sterling. At these levels.
however, profits were taken extensively
and the market dropped back to a
shade below yesterdays close. There
was a slight recovery at the end on
short coverings and futures closed
strong, S to 80 cents a bale up from
yesterdays close.
Cotton range:
Evening star., 1933-05-06
CURB ISSUES MOVE
IN NARROW RANGE
Leaders Show Only Frac'
tionaI Changes at Week
End Session.
BY JOHN A. CRONE.
Special Dispatch to The Star.

opeclal DlSpatcn 70 Inc star.
NEW YORK, May 6.-After open
ing irregularly higher, stocks on the
Curb Exchange today sold of only to
recover after the first half OF the
session.
Electric Bond & Share moved back
and forth within half-point range
Standard Oil Of Indiana ranged even
more narrowly. Cities Service was more
active than usual, though lower. Mag
ara Hudson Power fractionally yielded.
Continued constructive news from
trade quarters, along with heavy buying
of stocks from international sources and
further specific corporate developments
helped to maintain strength and activ-
ity even during the period Of early
weakness.
Commodity shares were the first
group given vigorous whirl. Seeman
Brothers rose 3 points to a new peak:
Libby, Mcneil g. Libby entered new
high ground. BY this time some OF the
textile and allied securities were forg-
ing ahead.
Evening star., 1933-05-06
CONSTRUCTION GAINS.

NEW YORK, May 6 LP).-The amount
OF money involved in last weeks heavy
engineering construction contracts was
the largest since November, 1881,
amounting to s54,o95, 900. the Engineer
ing News-Record reports Contracts ag-
gregating s37,00o,o 900 for the San Fran
cisco-Oakland bridge are included in
the total. Contracts to date this year
aggregated s317,327,O00, against $685.
721 900 for the same period last year.
Evening star., 1933-05-06
Markets at a Glance

NEW YORK, May 6 R.-Stocks
heavy; prices recede under realizing
Bonds irregular; profit taking slows
leaders. Curb irregular; tndustrials
reactionary. Foreign exchanges cratic;
sterling reacts. Cotton steady; COM
mission house and trade buying. Sugar
lower; easier spot market. Cof1ee
higher; foreign buying.
CHICAGO, May 6 (P.-Wheat lower;
heavy Eastern selling. Corn higher;
rains delay planting. Cattle nomnaIiy
steady. Hogs fully steady, top 81.
Evening star., 1933-05-06
Sugar Melt.

NEW YORK, May R-The sugar
melt of 13 United States refiners from
January 1 to April % amounted to l.
100000 long tons against 1000, 900 in
the same period last year. Deliveries
totaled 1,025,00 tons against 100000
in the 1892 period.
Evening star., 1933-05-06

o,,a Divieend .,c, rates in dollars based on last
oiyidend tPartly extra. tPlus A. in stock
a s,at ,patyaoie IN cash or stock Payable in
S1ock in adjustment dividend. Plus 50
~ a! STOCK g Plus SO in stock h Plus r.
IN IN STOCK Plus 20 in stock k Plus 10Gs
IN IN s,I stock m Plus 80 in stock. n Plus Sc,
III STOCK Paid last year-no regular rate
Evening star., 1933-05-06

BONDS.
1000 insult UtN 6s 40. /. i. /
5000 La Sal s B 51as '5s 22la 22h 22h
Doad sales today. $4,000.
Evening star., 1933-05-06
Grain Market

BY the Associated Press.
CHICAGO, May L4D.-Wheat, No. 2
hard, 741s. Corn, No. mixed. 42A4; No.
2 yellow. 434a44b. Oats. No. 2 white,
27; No. 3 white, 26. Rye, no sales
Barley. 38a60. Timothy seed, 2.25a2 60
Clover seed, 7.25a1000.
Evening star., 1933-09-12
CHICAGO LIVE STOCK.

CHICAGO. September l. up UNITED
StaJes department OF Agricuiture1 '"hoss .e,s,
Tor Government, active. mostly ~ nisnef
tnan yesterday; lSo-23O pounos. iooa f;,, ~
Top 4.62 49,3no pounds Ssoa4 aifs or ma,ny fn
lights to 3 90; ngnt hght. good and cholce'
160-3u0 pounds 35s4 10; meolum Weignt'
o0U-.,5u pounQs, 4.3Ua4 DO; neaNy Welsnt
350-55o pounds. a.o9a4 40 aSnna pae5ns sows, N,,s
8 So; pigs, 5000 and choice 1Ou-I3o pouhus'
z 75a3.S6 ,,,, ,,,,. ,sor
and yearl1ng run with ln-Detween giaees
predomlnatlng: lew early sales steaoy oul
very little done prospects stea1y @ WIN M tseS seS
+ 00aGoO; heller yearlnss continue ~
fairly active demand at o23a3:'9,. olnet dst
killing classes SLOW. steady, most lat cows
selling ".75a3.-a; odo lots selecteo Veaiers
up to $50; generally 1.u0aS.o0. Siaugnter
cattle ana vealers; steers sood ana cnoice.
55u-9Ou pounds, o.@oaU.Io: 3oO-l NV
pounds 52ba7 90: l.luo-l 800 pounds.
common ana medium. o5u- 500 POUNDS,
:S.oOa5.15, heifers. good ana cholce. ooo-
80 pounds 5.0OaG.25; common ana me
Common ana medium. 40aJ5 80; low cutter
and cutter, I.5Ua2.4u, bulls tyearhngs ex-
clgded 0S s09d ,Siam ,Sse 55ss yeaiefs
sood and choice 00as.5O; medium. 5.2Ua
100; Gull and common, 4OOa5. 80. stocker
500-I $50 pounds, 4.2ba5.00; common and
medium, =. T5a4 40.
Sheep. 10000 fat lambs aetye: He strons sbotns
western and occasional lots choice natives
held above 1.75: sheep steady with num-
Yrs increased. feeding, lambs firm: lambs,
4 80: common and medium 00a6.15: ewes.
eD-15o pounds, good and choice. ,59a2 ~
keding lambs. 5075 pounds. good and
Choice. 5.S5a6.5O.
Evening star., 1933-09-12
CURB IS IRREGULAR
IN LATE REACTION
Profit Taking Checks Each
Upswing, but Declines
Are Small.
Special Dispatch to The Star,

Special Dispatch to The Star.
NEW YORK, September 12-The
Curb Exchange closed irregularly to-
day. as reactionary tendencies in the
afternoon replaced the advance that
in early trading had carried yester-
days rally further.
fit-taking sales checked each up-
swing after the first hour, but the de-
clines were of small extent and inoEt
Of yesterdays gains were held and in
some cases improved upon.
Large blocks came out at the open
ing, mostly at fractional advances, and
in the first hour the whole list pushed
forward confidently. Thereafter profit
taking appeared at intervals and prices
eased, but volume fell of on the reac-
tions and picked UP on the rallies.
The repeal stocks oils, textiles, some
Of the motors. rubber and tire stocks
and miscellaneous industrials were the
favorites today. while the utilities gen.
orally Jagged and the gold shares were
soft
Hiram Walker was again the leader
OF the liquor shares, rising more than
point on volume trading in the first
hour, but exhibiting a somewhat tired
appearance thereafter. The other wet
stocks also swung back and forth as
profit taking halted the rallies Kruger
Brewing, a strong spot last week.
showed easier tendencies.
The oils were active but mixed, with
price changes small The favorite was
Humble Oil, up almost 2 points in the
1rst half of the session. Standard Oil
of Indiana was firm, while Gulf Oil Of
Pennsylvania was inclined to ease.
Copyright 1880