davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1933-02-01
COTTON STEADY.
ASPRESSURE
EASES Up

NEW YORK, Feb. I. uNSJ
The steady decline in cotton fu.
lures for the past two days was
brought to a halt today as the
heavy selling pressure so predom'
mate in the market recently Ia
pered off.
Trading was moderately active
with better demand evident
from scattered sources than has
been the case so far this week.
March liquidation continued a
feature in early dealings, but in
greatly reduced volume. In ad-
dition, there was a small amount
of hedge and southern selling.
However, this was offset by a
good demand from the foreign
and domestic trade and some
buying by commission houses and
spot firms.
The weekly Government weather
report stated that field work is
somewhat more active in the
eastern and southern sections,
but elsewhere preparation for
spring planting is still delayed.
Midday prices were all off /
point, with March at SOL, Octo-
Der at 6.36, and December at
40
The Washington times., 1933-02-01
PREFERRED CUT
BY ], 8. STEEL

In ordering a dividend Of so
cents on the preferred stock for
the fourth quarter, directors of
U. S. Steel Corporation made the
first change in the return on this
class of stock in the 80 years his
tory of the corporation. Hereto
fore, SITS was paid quarterly.
The report for the fourth quar-
ter of 1882 shows an operating loss
of $3,826,272, against $4,474,719 in
the September period. It had been
estimated that this loss would be
larger in the final three months
Of the year.
The deficit after depreciation,
depletion, interest, ETC., in the De
cember quarter was $16,729, 1868,
compared with $20,871,719 in the
quarter ended September 80, last.
This was due to the fact that
the special deduction in the latest
statement for proportionate over
head expenses of iron ore proper
ties and Great Lakes steamship
service was only $2,331 ,293, against
$5,716,637 in the September period.
The Washington times., 1933-02-01
STEEL
IN NEW SUIT

NEW YORK, Feb. / GN.SJ.
While the fate of the $45, ,0OO, 900
pressed steel car company was be-
ing weighed in New Jersey, an
other suit seeking its receivership
was on file in the United States
district court here today.
At the same time, the stock ex-
change is investigating transac-
tions in the campany's bonds fol-
lowing charges of Frank N. Hoff-
stat, president, that the price of
the senior securities was manipu,
Sted in CIDER to frustrate the ef-
fort to refund a $3.416,000 matur-
ity on January !.
The Washington times., 1933-02-01
CANADA DOLLAR
VALUE CRACKS

NEW YORK, Feb. UNS.)
The Canadian dollar and the
Danish krone continued to fea-
ture the trading in foreign ex.
changes today as they slipped off
to new lows.
Today's drop in the Canadian
dollar. amounting to 27s cents,
was one of the Sharpest in many
years and brought the rate to
within a cent of it's all-time low
established last year when it
dropped slightly below the 80
cent level.
Danish kroner was further de-
pressed by the governmental de-
crees prohibiting strikes and lock.
outs which only served to en-
phasize the seriousness of the
industrial and agricultural crisis
in that country.
British sterling ruled 3s of a
cent higher at $3.39-11-16. Francs,
though, dropped .00-1-16 of a cent
to 1904 cents.
The Washington times., 1933-02-01
RAIL STRENGTH
BALKS BREAK
IN STOCKS
BY LESLIE GOULD

NEW YORK, Feb. / U.N.SO.
The rails came to the rescue of
the stock market today and
averted a threatened break fol.
lowing weakness Of the steel
issues on the drastic cut in the
u. s. Steel preferred dividend.
Steel preferred broke more
than 4 points, reflecting the re.
duction in it's dividend from 81
to 50" late yesterday. The com.
mon lost nearly 2 points.
Surprise Unpleasant
While Wall Street was un-
pleasantly surprised by this de.
Velopment. having counted on a
81 rate, heavy selling failed to
come in at the opening. A few
issues, particularly telephone,
were weak but the general list
gave ground only fractionally.
Rails showed rallying tenden-
cies shortly after their opening
decline and this led to renewed
buying in this group. Under
heavy trading they rose to 2
pOlIlLS ABOVE yesterday 5 CLOSE ana
this brought a recovery in the
whole market.
Steel common and preferred
recovered part of their losses
though they were we'll under the
previous close. Telephone was
depressed by the fear that the
adverse steel action foreshadowed
q substantial cut in it's SO divi-
dend.
Weakness Hits Oils
Weakness cropped out in the
oils in the second hour. Stan
dard of New Jersey was heavily
sold shortly before directors went
into session to act on the regular
and extra dividends. Other pc
troleum shares were heavy and
this acted as damper on the
rally.
Bonds were firm with rails
strong again. Wheat and cotton
were lower.
The Washington times., 1933-02-01
Cheering Trade
News Items

Business failures 11O fewer
last week than in like 1882
period.
General Foods pays regular
dividend to $4,000 stoCkhOld-
erS.
Pennsylvania w later and
Power increases 1882 share
net over 1881.
Borden Company increases
quarter dividend to 40 cents,
against 80 cents previous two
periods.
American Inter national
breakup share value gains
Al cents in month.
The Washington times., 1933-02-01
CHICAGO LIVESTOCK

CHICAGO. Feb. 1 G,N.sD .-Hogs-
$4,000; 10 and Is cents higher. Top,
$S55; bulk, $3@3.4O; heavy. $3@S.35;
medium, $3.2O@3.55; light, $3.25@3.55;
s2,6O@3; pigs, $2.sO@3.4O. HoIdOvers'
5000.
Cattle-6, 500; 25 cents higher. Calves,
$500; steady. Beef Steers-Good and
choice. $55O@7; common and medium.
$3.50@5.5O: yearlings. $4@7. Butcher
Cattle-Heifers, $3@6; cows, S2.35 q
feeder steers, S35O@5.25; stocker steers,
$3@5; stocker COWS and heifers, $3.50 q
$50.
sheep-1o, 900; % cents higher. Lambs,
$5,25D6,25 common. $3.50 04.50; year
lings, $4.@5 q 5.25: feeders. s4.5O@5.25;
ewes, $l25m275.
The Washington times., 1933-02-01
SienlenS e HdLSke
Dividend Reduced

NEW YORK, Feb. l GN.SO.
SiemenS & HalSke, Berlin, have
declared a dividend on the com.
mon shares of z per cent for the
year ended September 80 last,
against 9 per cent in the preced.
ing fiscal year. Siemens-Schuck-
ert, largest affiliate of the com
pany, again paid no dividend.
The Washington times., 1933-02-01
DAIRY PRODUCTS

CHICAGO, Feb. 1 G.N.s).-Butter
$3.50 tubs; easy: old cars, 10: new,
5: creamery. extras and standards,
16% extra firsts, 1871; first, 1870
16h; masking stock. 12; specials,
17H @17%.
Eggs-6.s4S cases: steady: old cars,
12: new, 5; ordinary current receipts,
1115 fresh graded, extra firsts, less
than cars, 12A: cars 12$: fresh
graded firsts, less than cars IL; cars,
1914: dirties and checks. 10
Cheese-Longhorns and dasies 10h @
1914 twins 9A 61O.
The Washington times., 1933-02-01
Business Failures
Decline for Week

Business failures last week again
showed a decline from last year.
totaling 702 defaults. against 812
a year ago, r. G. Dunn & Co. re-
port today.
Insolvencies in the first four
weeks of January were 2,715
against 3,137 in January, 1882.
The Washington times., 1933-02-01
CLOTH MARKET

NEW YORK Feb. O.N.S.).-A
moderate amount of business was
transacted in the coarse yarn cloths
market today with the demand includ-
ing a wide range of constructions
with individual orders confined to
small lots. Active bidding for fairly
large quantities of a number OF Trirt
cloth and Carded broadcloth styles
brought out few if any concessions.
The Washington times., 1933-02-01
WOOL MARKET

firm: domestic fleece. unwaShed Ohio
and Pennsylva mia, 13E d 21c. Domestic
pulled, secured basis, S3d d41c Domes-
tie, Texas clean basis. S504SC. Do
mestic, tATrItory. clean basis. SO q I5c.
The Washington times., 1933-02-01
NAVAL STORES

seed Oil per pounds. 72 carlots Tur-
PHentine' Savannah -. New York: a.
S2.90.
The Washington times., 1933-02-01
WASHINGTON STOCKS
SALES

Washington Gas IS A, $1,000
>100A.
Washington Gas IS SO, 10000
94A, 1,O00@94A, 1,000@99A,
1,000@99A.
Washington r. & E. Is, $1,000
@91A.
Potomac Electric 51as pf, SO
107R.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-02-15
Program for Relief Also
Laid Before Senate
and House.

Presenting demands to Governor
Paul V. McNutt and the general
assembly, approximately 200 Unem-
ployed staged a demonstration on
the Statehouse steps Tuesday after
noon, with several leaders making
speeches while a Gordon of police
stood guard.
In sharp contract to previous re-
ceptions McNutt gave a committee
of three a hearing in his Office and
dispatched them with their demands
to the house and senate, where
Speaker Earl Crawford and Lieu
tenant Governor Clifford Townsend
read demands to both houses.
Spokesman for the jobleSS de-
manded that McNutt arrange for
one of them to address the assembly,
but this, the Governor pointed out,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-02-15
Sentiment Favorable to
Project Voiced at
Public Hearing.

In public hearing, at which dele
gates from twenty-three civic organ
izatiOnS and representatives of labor
unions appeared before the works
board, decision was reached today
to complete the city's widening and
resurfacing program on East New
York street.
The improvement ordered today
is between Noble and Dorman
streets, the last link in the pro-
gram.
The meeting was held after sew
eral residents protested against the
program at the present time be-
cause of the expense to the city
and the assessment on. property
owners.
Sentiment of civic organizations.
however, was unanimous in favor Of
the program, and only a few dis
senters were present among the $50
persons at the hearing.
Adolph Fritz, secretary of the In
diana State Federation of Labor,
asked that the work be continued
to check the "Communistic move
ment and revolutionary tendencies
in the city" He cited the demon
stration at the statehouse Tues
day as an example of unrest caused
by unemployment.
Attempted remonstrance by the
Big Four railroad, on the ground
that the work would hSye to be I'M
done when a track elevation pro-
gram was started at New York
street met with booS of derision
from the crowd.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-02-15
M'NUTT SAVING
CLAIM DISPUTED
House to Sift Appropriation
Bill, After Challenge
by State C. of C.

The house of representatives will
sit as a committee Of the whole this
afternoon to consider the biennial
appropriation bill, item by item.
The house will take cognizance of
charges by the Indiana State Cham
Der of Commerce that the 100000
savings claimed by Governor Paul
V. McNutt and his advisers is not
actual. The chamber also asserts
its contention is proved by the state
budget committees report.
Methods of calculation used in
reaching the $4,O00,000 figure are I'M
fair, the chamber declares. Actual
reductions made by the budget bill,
as compared with reductions made
by the special session of the legis-
lature last year, are small, it is
claimed.
The budget committee report, is
sued Tuesday, supports the cham
Der of commerce contention. The
report points out that if total ex-
penditures for the last two years
are Jumped and compared with ex-
penditureS for the next two years,
the saving will be $4,000,000. But if
the expenditures this year, fixed at
Re special session last summer, are
oed as basis of comparison, the
saving will be about $1,0O0,000.
The committees budget recon-
mendation for the fiscal years 1888
35 is 10,997 ,806.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-02-15
City Man Plays Part in
IrdQ Oil Field Conquest
Miss Mildred Lykins

sultant for the army transport
corps.
The latter plan was adopted and
the Marmon-Herrington company
began construction Of the first Of
a fleet of trucks for use in the prof.
ect.
This truck was delivered late last
year and now is operating daily in
a heat which sometimes reaches as
high as 100 degrees, Harrington
said.
Because Of the high sulphur con-
tent in the only available gasoline
it is impossible to operate a motor
vehicle having copper fittings, Har-
rington said Less than an hours
operation will result in clogging of
the lines with coppeh sulphate
Brass fittings were used in the
Marmon-Herrington truck.
Prior to leaving indianapolis, the
truck was tested by A. A A. Of
f1cials at the speedway, where a
test load equivalent to a load OF
pipe was placed on the truck and
its two special trailers, and carried
around the track for 100 miles at ar
average speed of about thirty miles
an hour.
Motion pictures Of the test alsC
we're shown at the meeting. Thu
program was in charge of Ted Col
lier, Marmon Motor Car Compan!
service manager. A series Of i'm
presentations was given by E. o
Snethen, local attorney. B. F. Filth
ian sang.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-02-15
Mother to AZ!
City Woman Claims 30
as Own IL as
Adopted.

NNOTHER to thirty children
NI and guardian to seventeen
others is the claim made today by
an indianapolis Negro woman.
In a successful fight before Mu-
nicipal Judge Dan V. White to
collect $125 from the Metropolitan
Insurance Company for a policy
on one of the forty-seven chill
dren she reared, Mrs. Grettha
Evans, 81, of 1718 Martindale ave-
nue., today testified her experience
as a mother extended thirty eight
years.
During this time, she testified,
she gave birth to three pairs OF
twins, three sets of triplets, and
two sets of bankruptcies. Of the
thirty children, five were boys and
twenty-five were girls, she said.
Several died in infancy, while
all but six we're claimed by death
before the age of 16.
Six children still are living, and
majority of the seventeen wards
are living, she testified.
In her suit against the insur-
ance company, Mrs. Evans collect
ed the money on the ground that
one of the boys disappeared seven
years ago. This, her attorneys con-
tended, legally classed the lad as
being dead.
White ordered the money paid
to Mrs. Evans.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-02-15
BY EARL NIKE

EXACTLY thirty-flve years ago
IL tonight. at GAO o'clock, the
battleship Maine settled to the
bottom Of Havana harbor as the
result of terrific explosion. Next
morning. just at daybreak, the
story broke" and, too late for
the regular editions of morning
newspapers, newsboys cried Eek
traS' in every town of the nation,
with this startling message en-
blazoned in black type on their
front pages:
Feb. 16, 1898
Commander in Chief, Key
West: Maine blown up in Havana
harbor at $40 last night and
destroyed. Many wounded and
doubtless more killed or drowned.
Wounded and others on board
Spanish man-of -war and Ward
line steamers. Send lighthouse
tender from Key West for crew
and the few pieces of equipment
above water. None has clothing
other than that upon him. Public
opinion should be suspended until
further report. All officers believed
to be saved: Jenkins and Merritt
not yet accounted for. Many
Spanish officers. including repre-
sentatives of General Blanco, now
with me to express sympathy.
"SIGSBEE."
SlgSbee General Blanco
. How those names come back!
The nation stunned and
angry. Congressional board
Of inquiry newspapers filed
with pictures Of the Maine wreck
age. General tButcher) Weyler,
Moro Castle the call by
President Mckinley for volunteers
and how those youngsters of
the gay hineties responded
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-02-15
PUPILS IN
MODEL home RACE
More Entries Are Assured
in Times Contest.

A letter was received from T. L.
Christian, principal of Lebanon
high school, today, stating that
pupils in the shop class would enter
the competition for individual prizes
and the school trophy in The Times
miniature model house contest.
All indications point to a spirited
contest among state schools to OBJ
tain the first leg on the trophy
which was voted by the Home Com
plete Exposition to be given to the
school receiving the greatest num-
Der Of honorable mention. TWen-
ty-five of these will be awarded.
First prize, a trip to the nations
capital. with all expenses paid for
an entire week, has fired the hopes
of all high school students who will
participate and it is expected that
this years models will be built in
the same scale and style of previous
years.
Other prizes, which will be award
ed to winning students will be an
nounced shortly.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-02-15
SHERWOOD EDDY HERE
Famed Figure to Address Open
Forum at Kirshbaum Sunday.

Famed Figure to Address Open
Forum at Kirshbaum Sunday.
Sherwood Eddy, former interna-
tional president Of the Y. M. G. A,
and an intimate of world leaders for
three decades, will speak on THE
Present World Situation" Sunday
night before the Indianapolis Open
Forum at Kirshbaum Center, Twen-
ty-third and Meridian streets.
On a recent world tour, Eddy in
terviewed President Paul Won Hind
enburg of Germany, Premier Ram
say Macdonald of Great Britain,
former Premier Edouard Herriott of
France, the grand multi of Jerus-
alem, Lord Robert Wilmington,
viceroy of India; Mahatma Gandhi,
and Rabindranath Tagore, famed
Indian poet.
The lecture will start at 815 and
will be followed by the forum period
DR.. Louis Segar, chairman of the
forum committee, will preside.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-02-15

south Chickamauga, Tampa,
Newport News.
THEN the long, hot summer,
L as the war wore itself out
General Leonard Wood, Teddy
Roosevelt and the rough riders
at San Juan hill American
marines landing at Guantanamo
General Shafter. with 10000
men, sailing from Tampa .
Captain Capron and Hamilton
Fish killed in action General
Wheeler, General Fitzhugh Lee,
General Merritt, General Brook
. big names in the news every
day first shot fired in the
war was a solid shot which the
guns of the Nashville cracked
{ across the bow of the Buena
Ventura on Friday morning,
April %.
The glorious news from Manila
bay that Commodore George
Dewey had sunk the Spanish fleet
there without the loss of an
American sailor boy E. the he
roic Hobson and mates attempt
ing to block the harbor channel
and bottle up the Spanish feet
at Santiago by sinking the Mer-
rimac the thrilling journey
OF the Oregon from the Pacific
to the Atlantic, way down around
the horn NJ. "A Hot Time in the
Old Town Tonight"-the bands
played it without looking at their
music by this time.
The war over, the boys fingered
on in sultry southern camps
disturbing rumors drifting north
of malarial fever more OF the
boys dying in camp from fever
than fell from Spanish bullets at
the front insanitary camps
49, sembalmed beef 90 dysen-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-02-15
DATES CHANGED
IN FISCAL YEAR
BY SENATE BILL
Begins July | Instead of
Oct. /; Other Measures
Are Approved.

Two bills changing the date of
the states fiscal year and the date
when institutions should prepare
and submit budget estimates were
passed late Tuesday by the senate,
under suspension of rules.
Senator Thurman A. Gottschalk
Dem, Berne), majority leader of
the budget committee, explained
that both bills were necessary to
complete the biennial budget bill
which today begins its legislative
course in the lower house.
Ends June 80
Hereafter, under the Gottschalk
bills, the states fiscal year will be-
gin July l and end June 80. Former
dates were Oct. l and Sept. 30. Re
ports from institutions will be sub
mitted Aug. IS instead of Oct. Is.
Banks and trust companies will
not be permitted to solicit any form
of legal business or to act in legal
capacity in drawing wills, under
terms of a bill passed Tuesday and
referred to the house.
Ten-year refunding bonds, to pay
county and township bonds which
have matured, but which can not be
paid in cash, would be allowed by a
bill approved and sent to the house.
Safeguards for Miners
Additional safeguards for coal
miners were supported before the
senate labor committee at public
hearing Tuesday night. Blasting in
mines while miners are at work
would be prohibited by the measure.
Telephone communication with the
surface also is advocated. This bill
passed the house and soon will be
reported to the senate.
Answering charges that additional
safety regulations would increase
mining costs, Joseph Timco, repre-
senting the United Mine Workers Of
America declared that IF we have
come to the place where operations
have to be carried on at the expense
of human life, we are slipping
badly"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-02-15
Monumental Task Is Faced;
Harrington Tells Vivid
Story of Project.

Gradual conquest of the Syrian
desert to give to the world the
wealth of Iraq oil fields was des-
oribed Tuesday night by Colonel A.
w. Harrington, president of the
Marmon- Harrington Truck Com
pany, Inc, local manufacturers Of
heavy duty trucks, in an Illustrated
address at the monthly meeting Of
the MarmOn FOremen'S Club.
Colonel Harrington recently re-
turned from the near east, where
he accompanied a Marmon-H Herring
ton truck on its delivery to the
Iraq Petroleum Company, an inter-
national syndicate holding conces-
sion on valuable oil fields there.
The truck was designed especially
for use by the petroleum company
in laying a 600-mile pipe line to
carry oil from the field to the sea-
coast. Motion pictures of the truck
in operation and actual construc-
ton work on the pipe line were
taken on the trip and exhibited
Tuesday night at the meeting.
Project on Vast Scale
Description of the work calls for
terms Of international politics, eX-
penditure of millions of dollars, and
the combined brains of the world S
best known engineers and the Drawn
of hundreds Of workmen.
Under the terms of the conces-
sion obtained by the syndicate from
the Persian government, any i'm
provements made in the country
will revert to Persia at expiration
of the lease, according to Herring
ton.
Faced with the necessity of Oper'
ating at utmost speed to Obtain
maximum production as early a
possible, it soon was decided tina
existing means Of transportation wer
impracticable when millions of dol
lars were at stake.
First consideration was for con
struction of a railroad across tn
desert to eliminate the tedious wa
ter roue of about 1000 miles.
Thousands Spent in Experiments
Thousands of dollars were spen
in experimental work, as engineer
and accountants collaboratd on cos
tables. An appalling total wa
reached, in figuring the cost of rail
road construction and maintenance
on shifting sands where a wind
storm of an hours duration change
the entire terrain.
Solution was sought in the ex
perience of American engineers il
Texas and Oklahoma oil fields
where pipe lines have been USE
successfully for years. Another elab
crate tabulation of costs followed
in which Colonel Harrington assist
ed with estimates of transportatiol
schedules by motor truck, a job 70
which he was fitted eXcellently b
his World war experience as con
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-02-15
IS Years Ago Today, Remember the Maine

terry poor and insufficient
food in land Of plenty.
A T last they were ordered
IN home, and everybody turned
out to go down to the depot to
welcome the boys they had sent
away with cheers months ago.
Yes, the bands were all there,
playing "a Hot Time in the Old
Town Tonight" the long
trains clang and puff into the
train sheds, and a mighty roar
goes up and rush to the cars
Every window filed with
faces of the boys.
But there was something in
those faces that shocked the well
coming throng these lads
who had left in the spring, laugh
ing and cheering like a lot of
schoolboys bent on an outing
NoW-they seemed no longer
boys those were mems faces
bearing the unmistakable marks
of malaria smiling, yes, but
such wan smiles.
The order to detrain came &.
sentries pushed back the crowds
the boys tumbled YEARLY
out of the coaches Fall in, :"
rang the command, echoed again
and again the length of the old
union station train sheds :.
The boys mechanically formed
their long lines, as their tired
but eager eyes searched the crowd
for the lone" they knew was
waiting.
The band blared "Theren Be a
Hot Time in the Old Town To-
night" The war was over
They had remembered the
Maine &. They had avenged
the Mainet