davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1933-03-15
]. s. STEEL LOSS
S91,891,867
LAST YEAR

The annual report of United
States Steel Corporation, made
public today, shows deficit after
payment of preferred dividends
In 1882 was $91,891, 1857, COM
pared with deficit of $49, ,165, ,4S5,
after payment of both preferred
and common dividends in 1881.
Cash at the end of last year
amounted to $60,224,116, a de-
crease of $15,015,446 from the
previous year, and there was a
reduction of $23,218.974 in mar
ketable securities, the value Of
which was a $46, 6,139,334 on De-
cember 81, last.
Working Capital Lower.
Current assets amounted to
$397, ,486,241 and sinking and re-
serve funds $20,075, ,139, a total
OF $417,561, $50 Current liabili-
ties were $46.987,376. leaving a
working capital of $370,574,oo4.
On December 81, 1881, the
current assets were $494,532,-
S08 and sinking and reserve
funds $11,413,023, total Of
$505,881 ,148. leaving a working
capital of $442,064,683. The de-
crease in the working capital in
1882 was $71,490,679.
All branches Of the company
recorded big reductions in gross
earnings last year, the total
revenues being 1857, POI, ,705,
compared with $729,377,467 in
1881, a decrease of $372,175,762
Surplus Off $1O7, 100000
The unappropriated surplus of
the corporation is now down to
1929, ,100,248, against $421,837,-
-192 on December 81, 1881, a
decrease of $92,736,844. There
was a reduction of $44,245, ,495
in inventories during 1882, this
item at the end of the year be-
ing at $258,354,253.
Total assets reported as of
December 81, last are reported at
$2,158,732,221, comparing with
$2.279, ,802,812 on the same 1881
date and $2,394,544,611 at the
1880 year end.
The Washington times., 1933-03-15
Investment Trust
Average Improved

Allied-Distributors, Inc, invest
ment trust common stock index
registered a slight advance during
the past week, moving upward
late in the week with the general
market. The average for the
common stocks of the five lead
ing management trusts. in
fluenced by the leverage factor,
stood at 8.71 on March 3, COM
pared with 8.38 on February "a
and 1913 on December 81, 1882.
The average of the non-lever-
age stocks stood at 9.44 as the
close on March 3, as against 9.35
at the close of the previous week.
The average Of the mutual funds,
which are usually quoted on an
asset value basis, stood at 72O
on March 8 against 7.35 at the
close of the previous week.
The Washington times., 1933-03-15
PAY|NG c
S6,583,848

A. j. County, vice president, an
nounced that the Pennsylvania
Railroad today is disbursing S.
583,848 in dividends to 249.778
stockholders, of whom 107,981 are
women, the largest number of
stockholders in the company's his
tory. The dividend is at the rate
of l per cent and is being paid
out of the net income earned in
1882.
Of the total, $6,396,654, or over
81 per cent of the total, goes to
stockholders in the United States.
Before the World War approx
mately IS per cent of Pennsyl-
vania Railroad stock was owned
abroad. Stockholders in the Fifth
Federal Reserve District, which in
cludes Washington, will receive
$4,000.
The Pennsylvania Railroad has
given its stockholders a cash re-
turn in every calendar year since
1847, though the rates have diff
fered in conformity with business
and economic conditions.
The Washington times., 1933-03-15
TRUSTS INVEST
f. IN UTILITIES

=, Public utility shares have re-
tained popularity among invest
ment trust managemen:s in the
last year, while representa- atives
of the food speciality business
have gained favor, according to
Frazier, Jelke & Co.'s annual
analysis of 1882 portfolios in the
firms current investment survey.
Study of investment trust port.
folios on the basis OF year-end
statements discloses continued
strong preference for utility Sc
curities, Consolidated Gas of New
York again holding first place
and American Gas and Electric
climbing to second position. Of
the 10 companies most frequently
represented in 30 portfolios, five
were utilities, compared with
seven out of ten at the end of
1881.
Two others were food stocks,
while railroad, motor and chemi-
cal industries were represented
once each. Among stocks whose
popularity increased last year
were General Foods, General
Mills. Gold Dust, Allied Chemi-
cal, Air Reduction, j. c. Penney
and Kroger Grocery and Bak-
ing.
Railroad shares lost heavily in
popularity. but Chesapeake and
= Ohio. as a notable exception,
gave the carriers representation
In the leading 10 for the first
time since 1880, by jumping to
seventh place. American Tele-
phone and Telegraph fell to
. eighth from second in 1881, but
for the fourth consecutive year
remained in the select class.
The Washington times., 1933-03-15
HEARST STOCKS.
PAY ELEVENTH .
Dividend

SAN FRANCISCO, March Is.
Dividend checks Of Hearst Con-
solidated Publications, Inc. COW
ering the eleventh consecutive
quarterly cash payment, were IN
the mails today destined for the
thousands of investors owning
Hearst Glass "a" 7 per cent pre-
ferred shares. The dividend Is
payable March IS to sharehold-
ers of record March l last.
From Current Earnings
This dividend as usual is being
paid out Of current earnings and
funds for the disbursement have
been on deposit for a number OF
weeks.
AS a special service and in
order to avoid any inconvenience
for Hearst Consolidated share
holders that are residents Of
Michigan, the Detroit Times, q
subsidiary of the company, will
accept and cash all Hearst Glass
"a" per cent preferred dividend
checks for those living in that
State.
Weathers Seven DepresSiOns
Hearst Consolidated Publications,
Inc, continues to stand out as
one of the few ranking major
corporations in the United States
that has maintained dividends
and interest on all public financ-
ing throughout the depression.
The Hearst organization has safely
weathered seven economic depres-
sions since its inception, with an
Illuminating record Of unabated
progress.
With the expected turn for the
better in general conditions,
Hearst Consolidated is in an ex-
ceptionally strong position to join
the vanguard of industry in lead
ing the way back to business nor
malcy.
The Washington times., 1933-03-15
Oil and Gold Profits
Increased Last Year

There were two industries in
1882 that earned more money
than in 1881, petroleum and gold,
according to the T. S. Hose
weekly report on the oil industry.
This authority points out that
while aggregate earnings of 633
corporations dropped 1877 per
cent in 1882 as compared with
1881, according to Moody's, the
petroleum industry, in which II
companies were classified, showed
earnings of 1877 per cent more
than in the previous year, and
gold earnings increased Z per
cent.
The value of crude oil at the
casing head in 1881 was $780,
100000. In 1882 it was $685.
614,640, an increase of $138,984,-
$40, or 25.2 per cent.
The Washington times., 1933-03-15
Canadian Financing
Is LOueSt in Years

During the first two months Of
1888 the volume of new Canadian
government and municipal bond
issues amounted to $18,848,216
compared with $62,132,591 in the
same period of 1882, according to
Mood, Gundy and Company,
Limited.
Financing in 1888 to date has
been the lowest in any year since
1929, when a total for the first
two months of $14,750,678 was
recorded
The Washington times., 1933-03-15
23 STATES GET
BEER IN MONT

The cry Of "beer by Easter
probably will be favorably met in
almost half the States of the
Union if the Senate acts
promptly on the 80 per cent
measure which the House passed
by a 3 to / vote.
A survey today disclosed that
immediate sale of beer will be
possible in some % States. These
are the States which have never
had State enforcement acts or
have repealed them.
They are Arizona, California,
Colorado, Delaware, Maryland,
Massachusetts, Michigan, Mon
tana, Nevada, New Jersey, New
York, Oregon, Washington, Wis
consin, Illinois, Connecticut,
Minnesota, Missouri, Indiana,
New Mexico, Pennsylvania, Loui-
slana, and Rhode Island.
Liberalization measures are
pending in a number of other
States which still have their Vol
Steadian limit Of one-half of / per
cent on the statute books, or in
their constitutions.
A dozen States still have pro-
hibition in their State constitu-
tionS-Florida, Idaho, Iowa, Kan
Sas, Kentucky, Maine, Nebraska,
Oklahoma, South Dakota, Utah,
West Virginia, and Wyoming.
States still having statutory pro-
hibition are:
Alabama, Arkansas, Georgia,
Mississippi New Hampshire, North
Carolina, North Dakota, South
Carolina, Tennessee, Vermont, and
Virginia.
The Washington times., 1933-03-15
CUBAN SUGAR OUTPUT

Cuban department of agricul-
ture reports production of 625, 1888
long tons Of sugar from the six
provinces since the start of the
grinding season to February %,
as compared with 1,196,449 in
the corresponding period of 1882.
Cuban sugar exported from Jan
uary l to March 4 totaled 138,458
long tons. 124,711 went to the
United States.
The Washington times., 1933-03-15
7'rdnSdn1erica Corp.
Net Is Quddrupled

In the first annual report since
the return of the Giannini man.
agement to control, Transamerica
Corporation, holding companies,
and all controlled subsidiaries, for
the year ended December 81, 1882,
report consolidated net profit of
$7,967 1855, or "a cents per share.
The net profit for 1881 was equal
to 8 cents per share.
The consolidated balance sheet
shows total assets of $3.50, ,305, $50
as against 1924 ,684, ,282 on Decem.
ber 81, 1881. Marketable Securi-
ties carried at $38,337,575 were
worth approximately $39,7S6, 100
on December 81, 1882,
The Washington times., 1933-03-15
Trade Volume Index
ShOUS SteddY Climb

The trade volume index pre-
pared by the Alexander Hamilton
Institute has shown a steady up
ward trend ever since last July
when the low for the depression
was reached. The current trade
volume index is 75.2 as compared
with 72.4 the previous month,
ITO two months ago and $40,
the depression's low in July last
year.
Of the 200 cities covered by
the Institutes analysis, 158 are
now experiencing an upward
trend as compared with las the
previous month and only 81 in
the same month in 1882.
The Washington times., 1933-03-15
N. Y. Exchange Bonds
v MIrNROE ROBERTS

NEW YORK, March Is QN.S0. &.
Bonds of all descriptions swept
up sharply in early dealings to-
day, as a scarcity of offerings
forced buyers to bid the market
up widely to obtain commitments.
Treasury As led the United
States Governments with gain
of 314-32 to 103.16, Liberty 4th
414s and Treasury 4l4s were up
112 points each.
Advances in the rail group
were the broadest in some time,
with gains of from l to 3 points
the rule in the active speculative
leaders such as the Baltimore &
Ohio, New York Central, Great
Northern, Illinois Central. Mis-
souri, Pacific and Southern Pacific
issues.
Domestic corporation issues
were in demand at sharply i'm
proved levels, while foreign
governments rose from one to
more than three points, the Tokyo
Electric IS heading the overseas
list with a 3la point bulge at
3812.
The Washington times., 1933-03-15
AIR TRAVEL GAINS

United Air Lines carried 4,949
revenue passengers in February,
compared with 5,O27 in January
and with 1866 in the same
month of last year, according 20
P. G. johnson, president. Mr..
Johnson pointed out that the
daily average Of passengers in
February exceeded that Of JanU-
.ary Of this year.
The Washington times., 1933-03-15
LOREE ON N. Y. C. BOARD

Robert F. Loree has been
elected a director of the New
York Central Railroad, to sue
ceed Warren S. Hayden, de-
ceased. He is a son of L. F.
Loree, president Of the Delaware
& Hudson Company, and will rep
resent the D. & H. interests on
the Central board. 1t was re-
Gently announced that the Dela-
ware & Hudson had acquired
100000 shares, or 1919 Of Central
stock.
The Washington times., 1933-03-15
Voters Approve FeIU
Bonds for FebrlLQru

New State and municipal bond
issues approved by the voters OF
six municipalities in six States
during the month of February, to-
tailed only $586, 900, a new all-time
low figure, according to the Daily
Bond Buyer, of New York.
Figures for February of pre-
vious years were $2,437,300 in
1882, $48,3OO,90O in 1881 and ST.
772,5OO in 1890.
The Washington times., 1933-03-15
VOL
A. NJ.
Here, and tn ere
In the Realm Of
Broadcastinq
BY STANLEY BIGELOW

George Rector, wizard Of the
dining table, thinks he konws the
remedy for the divorce evil.
The famous chef, who tells
housewives what to serve for
breakfast, lunch and dinner on
N.BC., believes that Americans
should follow the French, who
The Washington times., 1933-03-15
QUAKE SHUTS OIL WELLS

Six major oil companies have
Joined in a temporary shutdown
Of their crude and casinghead
gasoline production at Signal Hill,
Seal Beach, Huntington Beach
and Dominguez for the purpose
of minimizing fire hazard within
the quake zone area.
The Washington times., 1933-03-15
RAIL CHIEFS TO MEET

Railroad executives will meet
soon, probably in Chicago on
March %, to study the Interstate
Commerce Commissions decision
Monday permitting the roads to
continue surcharges to Septem-
ber 80.
The Washington times., 1933-03-15
ATLAS TACK CUTS LOSS

Atlas Tack Corporation reports
for year ended December 81, 1892,
net loss of $70,672 after deprecia-
tion, interest, ETC., comparing
with net loss of $136,8O2 in 1881.
The Washington times., 1933-03-15
GAS RATES CUT FOURTH

The People Natural Gas Co.,
serving Pittsburg and vicinity, has
filed with the Public Service
Commission a new schedule of
rates, amounting in some in.
stances to IS per cent.
The Washington times., 1933-03-15
WOOL MARKET

NEW YORK, March Is INS.)
Wool firm and higher. Domestic. fleece.
unwashed. Ohio and Pennsylvania. 800
SO a 41c: domestic. Texas. clean. basis.
5SQ45c; domestic. territory. clean. basis,
SGQ47a ..-,
The Washington times., 1933-03-15
CHRYSLER OMITS

Chrysler Corporation has
omitted the quarterly dividend of
Is cents due at this time. Direc-
tors attributed the dividend
omission to present unsettled
conditions"
The Washington times., 1933-03-15

EVELYN "HONEY" HAYES
find marital comradeship because
they love good food.
He has an idea that Americans
would be much better off if they
set good cookery in its rightful
high place in the scheme of things.
Goldy and Dusty, who appear
on a certain cleaning program for
CHS, claim that they have a
larger repertoire of songs than
any other team on the air.
AS proof, they point out that
they have presented 295 different
The Washington times., 1933-03-15
NAVAL STORES

NEW YORK. March IL (I.N sl.-Liu-
seed oil. pcr lb. IS car lots. Turpen.
leh. Rosin, Savannah. 1609165; New
Xerk, AGO. .I
The Washington times., 1933-03-15
RAMBLES
TODAY'S PROGRAMS
Don't Miss These

s:45 a. m.-LEvery weekdayl Washington
Times broadcast (WJSU.
1870 p. m.-HeraId News Spotlight (WOL).
500 D. m.-COnfidenCe Hour with Leon Brusl1-
offs Orchestra (WOL).
$3.50 D. m.-Harriet Lee and Her Leaders
CWMAL).
$3.50 D, m.-Giuy Iombardo's Music. with
Burns and Allen, comedy team
(WJSV).
1000 p. m.-Corn Cob Pipe Club of Virginia
(WRC).
1O:4S p.m.-LittIe Jack Little (wJSv).
II 100 p. m.-Murtha and Hal (WMAL).
IL 30 D. m.-WashinEtOn Herald Globe Trotter,
featuring Arthur Reilly (WJSO.
The Waterbury Democrat., 1933-01-24

G0ggins 36, Fitgmauries ss; phsi. an 84, Byrnes s0i Kelley 3s, Bowey 81,
 Schedule for Jan 81thi Uyrnes VA 1J0w6y, If0ran Ys d0geins, o. D0hndll VA K6ileyi Pheian VI Carey ttltSmauriGs VI CFhney,
The Waterbury Democrat., 1933-01-24
ABBOTT AVENUE NOCTURNE- TWO REELS
Technocracy Given Up By Four Leaders
 Of Organized Band
Howard Scott Is Left Alone in the Field With His Pet Word"-fie Will Still Fight on to the End

bring about tho resignation of four of the eight members of the cen. trai committee of teohnooracy.
 Professor Walter Rautenstrauch, head of Columbia university's dee partment of industrial engineering, Tod the revolt against Scott. He was joined by Leon Henderson, housing expert of the Russell Sage Foundation, Ferdinaid l.. Aeker. man, architect, and Bassett Jones, engineer, all members of the or- iginal committee of eight on technocraoy.
 Thet disposition of tho 300 odd charts already drawn was e mys- tery.
 Members of the tochnocracy committee who did not sign the ukase of revolt were Scott himself, Dai Hitchcock, Scott'B spokesman, Harold King, a writer, and M. King Hubbert, geophyslcs instructor.
 The research to be undertaken by Columbia "as scholarly enter prise under q new name, will f0l- low these linos, Dr Rnutenstrauch said:
 l. Study of natural resourcos and consumption rate during the last 100 years; 2. Study of qunn- tItatIve changes in time during the last 100 years by which the peo- plo provided themselves with neceB- stiles and services, particularly aB they affectf tho labor of man; 2, Study of principles of organization and management to control produc- ton, distribution, and consumption in balanced quantitative relation ship.
 Patrick, Cardinal Hayes, in m interview last night just before sall- ing. for Bermuda, criticized the techn0crats for introducing n dis. turbing eiement in an already sore iy distressed world" He said echnocracy's figures on production and pl0yment were livery startling and terrifying if true"
 The Cardinal pointed out that tho accuracy Of the technocrnts' stn. tisties has been questioned as well ag tho validity of the conclugions drawn from tho statistics.
 "Th0re is no doubt" he said, Out that we have gpeeded ID our progress to such intensity that we have come to . staDdstiil just now, while we evidently have slowed down considerably in regard to spiritual and moral progress"
 King George Of England has talk on ID the rearing Of Australian love birds.
The Waterbury Democrat., 1933-01-24
Horan's "Wonders"
 Lead Card League
Defeated Carey's Team Last Night at St Francis

Tho seventeenth game Of tho St Francis Holy Nnmo society "4b" tournament was played last ovcn- ing in tho church hall before tho largest crowd that has attended tho tournament Bo far, fnteroBt seems to bo increasing with each gamo, judging from tho crowd of Interesting spectators who all root for their own fnvorito team.
 Tom Horan and hIs "IIoy Won. dors" by dcfeating "Seoopio" Carey's "Daredovlls" 3G-27 tako possession of first place which Billy o'Donnolrs "Galty Boys" hold for ono wook Seooplo made a great movo last night by placing his loyal friond, and our own p0pu- lar city clork. Johnny Flt1mhurieo head coach of tho "Dnrodevlls" Co replace Mike Cooke, knowing if thero is my possible chance to got results in tho future that Johnny is the boy that onn do lt. With Beoopies tricks and Johnny's won. dorful personality it should got tho team out of eighth plnco within n short tlmo. From now on watch tho "Darodovlls." With Tom Hor' ans "Boy Wonders" now holding down first position, tho question is how long is no going to hold it' Ho flgures on staying thore, 50 dld Tom Byrnos and likewise Billy O'DonnolI. It might bo that overy daptain may hnvo n shot at it, but who will Do thero whom tho last anmo is over, who wants Co know.
 z. Michael Crancy'g Crnokor.JackB trouneed Billy O'Donnoll'B "Galty Boys" 90 Go 27. Billy didn't havo his team popped up enough Inst evening and aB n result tho boys from tho 0aity Mountains wont down fighting their usual good do. fcnsivo battle. Billy sDyg "wo go down and we como bhek stronger than ever" and warns IIlll Kelley to bo rendy for tho mountain haros next week. Michael Crhnoy made n great comeback inBt night after thstIng defeat for tho last three weeks. Miko bonchod hIg buddy, Neddie Colos and Immediately
The Waterbury Democrat., 1933-01-24
BY LANING HUMPHREY ftinffefi prrsa CurrpsfDndcnt


 Nashua, N. H., Jan 24--lUP)-- Here's cheery gnus from the an. imnl market-there's c bull market on bears. While tho leopard busi- ness is Q bit Bpotty, monkey busl- ness ia brisk. Even tho hyena Is laughing, and the only depression seems to be the ono bn tho cameIs back. Tn other words, John T. Benson's wild animal farm-tho only form of it's kind on this con. tinent--is proving to be no white elephant, and it's owner isn't look ing for farm relief.
 Benson, short, stocky, poker pounds of silver to equal the value of one pound of gold. :.
 The purpose of the Wheeler and other silver bills Is to raise the price of siiver-and 1t Is hoped or commodities In general. It is . program to aid debtors. It is argu- cd that the additional silver coin age would make money less valu. able in relation to wheat, copper, oil, beef and all primary commodi- ties. It is argued further that high CT commodity prices would in- crease purchasing power of pro. ducers and improve business.
 The silver issue may be disposed of before Senator Glass, Dem, Va, permits the senate to adjourn at 10 D, m. An II hour session has been informally agreed upon and the senate will convene at II.
 Democratic and republican house leaders meantime arc resort- AHaa aN ptlIAa to put tho emergency debt relict program beyond tho reach or tho free silver men, bond issue advo- cates, and currency expansion sup. portcrs. Secretary Of the Treasury Mills yesterday warned house committee against any manipuiat- ing Of the currency.
 Speaker Garner and Minority Lender Shell agreed to seek pass sage of the emergency bankruptcy bill on Jan 90 under suspension of rules, with debate cut to 70 min- utes and amendments forbidden. Tho bill would open tho way for n scaling down of personal and cor porate debts---hundreds of millions of dollars of them--and permit the of industries on a sounder financial basis.
 Wheeler Is enthusiastic despite the prospect of immediate defeat.
 My bill would raise tho price of silver to Si,20 m ounce, he told the United Press. The present prico is about 26 cents. "ft's first effect would be to air eastern and south- ern manufacturers of cotton goods, and later the farmers. silver in tho orient would go up with silver in the United states and tho Chinese and Indian manufacturers and pro. ducerg of cotton no longer would bo able to dump tholr manufactur. cd cotton goods here."