davidaulloa/AmericanStories huggingface dataset:
Evening star., 1933-04-12
BONDS,tRElOWER
IN [|GAT TRADING
Railroad Group Registers
Most LosseS-UtiIities
Also Sell Off.
BY CHARLES r. sPEARE.

Special Dispat tcla to The Star.
NEW YORK. April 12.-Except in a
few issues, the trend of bond prices
today was lower, although there was a
moderate rally from the minimum
prices reached in the first hour. The
reaction was chiefly in bonds that have
had substantial advance recently and
where the bulk of the transactions
have been for the account Of dealers or
for those who follow movements Of low
priced bonds for speculative opportu-
mites.
The railroad group suffered most In
this early reaction. Numerous bonds
were off from substantial fractions to
more than point. Chesapeake Cor
poration IS lost 134 points. Missouri
Pacific SIS were down nearly point,
which was to be expected in view OF
their rally this week to within frac-
ton of the high of the year. The 51s
per cent bonds sold under 4. At the
same time Chicago & Eastern Illinois
5s were quoted at approximately the
Central. Great Northern and st. Paul
issues were all heavy.
In the second-grade public utilities
the largest decline was In Columbia
Gas & Electric SIS, which lost l1a
points. American g. Foreign Power IS
were down point. Philadelphia Elec-
iris IS and North American Co. IS were
steady. In the higher quality members
Of this group there were fractional
Losses in Consolidated Gas IS and AIS,
but = steady tone to American Tele-
phone g. Telegraph issues. International
Telephone 41as were off more than q
point. The local fractions gave a good
account of themselves. Brooklyn
Manhattan Transit Is rose point and
Interborough Rapid Transit 7s gained
nearly as much. -
The feature of the industrial market
was rise in Dodge IS to n, . gain of
6 points from the low of the year.
United Drug SIS, Bethlehem Steel SIS
and National Dairy Products 514s we're
all strong at different times during the
day.
Having experienced a substantial
gain Tuesday, the German loans re-
acted today. The Government Is and
512S were off l La to 2 points. Smaller
losses occurred In other German issues.
Exceptional strength has been shown
recently In Canadian government loans,
with both the Al rs and SIS again above
o6. Argentine issues were also strong.
Reports from Washington that the
Treasury may adopt a plan of making
q public sale Of bonds to refund Q por-
ton of the fourth Liberty 4Hs carried
this issue of VI and caused declines Of
Il to about Ss in other long term
premium and discount Government
issues.
Evening star., 1933-04-12
INCREASE IN1IHEEL
PRODUCTION NOTED
Sharpest Gain This Year
Puts Rate of Output at
1872 Per Cent.
BY the Associated Press.


NEW YORK. April 12.-In the sharp
est gain that has occurred in any week
this year, steel ingot production for
the country as whole has risen to
1914 per cent Of capacity from 1914 per
cent . week ago, says Iron Age. This
brings steel output nearly up to the
February. average of 20.4l per cent,
from which there was a drop to 1903
per cent In March. brought about large
ly by the Nationwide closing OF banks.
While the marked increase In steel
output Is largely the result of an up
turn, in automobile manufacturing
schedules, particularly by Chevrolet and
Ford, there has also been improvement
in other tines. notably tin plate for can
manufacture. Orders for, sheets for
beer barrels and beer bottle cases have
contributed In some measure to the jbet-
terment. Miscellaneous business hiss
gained. especially Ia bars and sheets
which are the two steel products OF
widest usage, their combined total nor
mally representing about 80 per cent or
more Of all finished steel production
greatest advance, from 13 per cent in
the early part of last week to 19 per
cent this week, aided by fairly large
orders for sheets and bars and q recent
release Of small tonnage of rails. The
Erie Railroad order for 24,549 tons of
rails for delivery in monthly INSTALL
ments from now until July will bring
about an increase in Pittsburgh district
steel output within the next two weeks,
the Carnegie rail mill, which has been
idle, having obtained about two-thirds
Of the tonnage.
There Is q gain in the Pittsburgh
district this week to Is per cent from
Is per cent last week, while Valley and
Northern Ohio output Is up to I8 per
cent against last weeks average of Il
per cent. A stepping-up has also oc-
CURED at Birmingham, Buffalo, In
Eastern Pennsylvania and at Detroit,
where the Independent Steel Plant Is
operating five Of its six open-hearth
furnaces. or about 81 per cent of capac-
ity. with the possibility Of full opera
ton soon"
Evening star., 1933-04-12
new YORK EGG PRICES

NEW YORK, April IL (SpeciaD -
Quotations for eggs in the wholesale
cash market today were: =
Mixed colors-Special packs, l5H4a
ISM. standards 14Aal4s4; storage
packed firsts, 1334al4: firsts, 13Aal3la;
seconds. 12a13; medium, 12laa13; dirties,
1I4al2; checks, IL. Whites-Nearhy
selected, 181aa1s12; Western receipts,
specials, 16a17l7;t standards. 14laal5: +:
tindergrafes, IA. Browns-Nearby and
Western special packs 16a18; standards,
14nal5. .i
Evening star., 1933-04-12
POTATO MARKET.

CHICAGO, April u R united
vStatoes 72; on track. 306: total United
States shipments, 693; about steady;
tf&ding slow; supplies moderate: Wis
cunsin round whites. 75a80: Idaho rus
sets, l40a1,45; occasional car higher.
Evening star., 1933-04-12
PARIS BOURSE PRICES.

PARIS, April II tR.-Three per cent
rentes. 20 francs SO centimes; 4Ia per
cent rentes, % 40.
Exchange on London, 06.46. The
dollar was quoted at 25.35A.
Evening star., 1933-04-12

Dividend rates in dollars based on last
S;viasndy dHaiatery Or Or ssmi-annual payment. 'Ex
s.payahle IN cash or stock Payable in
Ssocx ADJUSTMENT dividend I Plus So
n STOCK. Plus &c In stock. X Plus 10%
IN stock. M Plus so In stock Plus al
In stock Paid last year-no regular rate
Evening star., 1933-04-12
Washington Stock Exchange

Potomac Eiectrtc, 51aS pfd.-1 at LOG,
S At 406k.
~, AFTER CALL.
Washington Gas IS '58--s600 at 85ls.
washington Gas SIS '6o-S500 at 103A.
Washington Gas IS B-Sl00 at 103a.
L 800 at 10334, 500 at 10S34, 500 at
I I9SS4, $1c0 at 103s., 800 at l03&,
! 500 at lo3a4. S10o at lO334.
The Washington times., 1933-07-22
Genuine Trade
Gains M cunt

Business failures lowest in
many years, Dun and Brad
street report Closed
Cleveland banks paying off
depOSitOrS Chicago live
stock prices climb to new
peak . . Electric power out
put expands again Amer.
ican Writing Paper nets June
profit, against loss year ago
-. Tidewater Oil shows in
creased earnings in June
Goodyear to build new
$5OO,0OO plant Scrap
price advance widenS in all
districts . Sales rise is re-
ported by PIymouth-De Soto
-. .Pennsy net income higher
in June.
The Washington times., 1933-07-22
Navy Orders

Capt. William F. Halsey, jr., as.
signed to Army War College,
Washington, D. c.
Lieut.. Laurence A. Abercronl-
bic to U. S. S. New Orleans.
Lieut.. Alfred j. Bolton to staff,
R. Adm. Henry E. Lackey, Cdr.
Cruiser Div. 4, Sctg. Force.
Lieut.. Thomas B. Dugan to
staff, r. Adm. John w. Green
slade, Cdr. Subm. Force, U. S. Fit.
1t. ,jg) Clarence M. Bowley to
U.S.S. Mallard.
1t. (jg) Richard K. Gaines to
U.S.S. Arkansas aviation unit.
1t. Gg) William A. Gerth to
Navy Yard, Norfolk, Va.
1t. Gg) Graham c. Gill to
Navy Yard, Norfolk, Va.
1t. (jg) Harry J. Hardwick to
temp. duty Naval Academy.
1t. Gg) George J. King to Navy
Yard, Norfolk, Va.
1t. Gg) William Oliver to U.S.s.
Arkansas aviation unit.
Ensign Joseph E. Dodson to
U.S.S. Arkansas aviation unit.
1t. Cdr. John G. Smith to Nor
folk Nav. Hosp, Portmouth, Va.
1t. (jg) Otto w. Wickstrom to
Nav. Hosp, San Diego, Calf.
1t. Cdr. Thomas A. Durham to
Nav. Supply Depot, Norfolk, Va.
1t. Cdr. Wilson S. Hullfish to
USS Tennessee.
1t. Cdr. Edward r. Mckenzie to
ySS Minneapolis.
1t. Cdr. Charles E. Rappolee to
Rec. Ship at San Francisco.
1t. Cdr. Charles C. TimmonS to
Nav. Supply Depot, San Diego.
Lieut.. Benjamin o. Kilroy to
Nav. Trng. Sta, Norfolk, Va.
Lieut.. Godfrey E. Sage to
Yangtze Patrol.
Lieut.. Thomas T. Hassell to
USS Mindanao.
Lieut.. John D. Murphy to Office
of Judge Adv. Genl., Navy Dept.
Lieut.. Harold N. Williams to
Blu. Engr., Navy Dept.
Lieut.. Alexander F. Junker to
18th Nav. Dist.
Lieut.. Austin S. Keith 10
Yangt1e Patrol.
1t. Gg) John T. Corwin to 18th
Nav. Dist.
1t. (jg) Brooke Schumm TO Rec.
Ship, New York.
1t. Julius J. Miffitt to 10TH Nav.
Dist.
1t. Walter E. Scott to USS
Tulsa.
1t. Frank J. Manley to 18th Nav.
Dist.
1t. Christian P. Schwartz to
Dest. Div. IA.
The Washington times., 1933-07-22
One of Many

The foregoing, it goes with
out saying, is not the only tale
of it's type that is being un-
folded these days. I know per-
sonally of a brewery not far
from New York that was sold
about IA months ago for $3.50,
900. You couldn't buy the same
brewery today for $3,000,Oo0 in
cash.
In spite of plenty Of success
in the whisky line, however, the
distillers are already beginning
to make mistakes. Not salts"
fled with profits that had al
ready assumed fantastic figures,
the liquor boys advanced the
price of American rye and
bourbon this week exactly SIS
a case. Because of the demand
an advance of a dollar or two
might have been expected. But
SIS on a case is pure greed and
obvious profiteering.
After all these years, one
would think that the legitimate
liquor interests had learned a
bitter lesson. But evidently
there are still plenty Of fools
in command.
We were discussing Pilgrim
age" the new Fox picture at
the Gaiety. It's a heavy film
that deals with mothers and
the World War, and there isn't
a snicker in the flicker to re-
lieve the tension. But it's q
great box-office picture and there
isn't a mother in the land who
won't go for it in a big way.
Fox has turned out another
shrewd production.
whether I like it or not, |"
I stated, makes little differ
ence. It's the kind of picture
that people want to see, and
that's all there is to it. All
it needed was a little comedy
relief"
The Washington times., 1933-07-22
REVIEW SHOWS
NEW UPTURN

NEW YORK, July % QN.S).
Business continues to make
steady progress, with substantial
additions to employment and pay
rolls, Dun g. Bradstreet, Inc, de,
clared today, and no signs are
yet apparent of the usual summer
lull.
Break Seen Temporary
The break in security and com.
modify prices was dismissed as a
temporary relaxation Of the
speculative enthusiasm, whi C h
merely has paused to gather
strength for a fresh revival"
While a pause was reported in
wholesale activity, retail sales
have continued steadily upward,
with new records for the current
season being made in agricultural
districts, where early crops have
been marketed. In some districts
retail sales are making the best
showing in three years.
Adoption of the industrial code
was called a constructive develop
ment in the improving business
picture as q promise Of prevent
ing piling up stocks Of merchan-
disc.
Buying Power Growing
The review took an optimistic
attitude on purchasing power,
basing it on the outlook for high
er buying in the agricultural
areas and the beginning of re-
sumption Of dividend payments
on stocks.
The Dun & Bradstreet business
activity barometer has suffered
its first recession in II weeks
falling to 69.5 per cent on July
10, compared with the week be-
fore and 57.2 per cent year ago.
The Washington times., 1933-07-22
Sink or Swim

Sink or Swim
Well, perhaps yes-and per-
haps no. ] haven't a doubt in
the world that, If the ShubertS
go through with the project,
the show will be the coStlieSt in
the history Of their organiza-
tion. To make the ziegfeld
name stand up it would have
to be. Either they must plunge
heavily on the production, or
they must not plunge at all.
Because this production will
invite comparisons as no show
ever did before, it will be unique
in theatrical history-and the
thought Of using a dead mans
name for box-office receipts
puts two strikes on the show
long before it opens.
There wasn't a critic in the
nation who didn't bear some af-
ection for the Ziegfeld touch.
It was a certain mysterious
something that made him the
outstanding American producer
of all time. But the Ziegfeld
touch is now the hand of death.
The critics know that only too
we'll. And if this contemplated
production turns out to be a
turkey, Lord-and the bankers
a4eI
Those on the inside must con-
slider the entire proposition an
ironic jest Only five years
ago, Flo could have sold his
name in a deal that would have
netted him million a year
without any financial worries.
He turned it down, just as he
turned down all through his life
any and all offers that might
harm his most priced posses
sion-the title of the "ziegfeld
Follies." And now, when he can
no longer fight, that very title
goes to an organization that he
cordially hated through the
years.
1t is easy to be bitter. I sup
pose-and many people are.
But, as said before, you can
blame no one for considering
the proposition. All I can do is
to urge the ShubertS to be very,
very careful.
Because grave dancers and
ghouls are never very popular
even in show business.
The Washington times., 1933-07-22
SPINDLE RATIO
Up IN JUNE

The Census Bureau reports cot.
ton Spindles operated during June
at 1921 per cent of capacity, on
a single shift basis, compared
with 1923 per cent during May
this year and SIT per cent during
June last year.
Spinning spind1es in place June
30 totaled 30,918,753, of which
25,54O,504 were active at some
time during the month, with the
average, on a single shift basis,
being 39,917,475 compared with
3O,959,216; 24,571,498 and 34,778,-
658 for May this year, and ST.
705,038: 20,561,914 and 18,293,991
for June last year.
Active spindle hours for June
totaled 9,299,175,o26 or an aver
age Of 301 hours per spindle in
place, compared with $780,
664,722 and 268 for May this year
and 4,247, ,498,852 and 1874 for
June last year.
The Washington times., 1933-07-22
Smart Chlorine

At the other end of the table
was chlorine who is as dumb
as they come, and sometimes a
little dumber. But she loves
to display, among other things,
her knowledge of show business.
"Mr. Hellinger is right" she
asserted seriously. Sometimes
the picture people just don't
know what they're doing. Why,
all Pilgrimage needed to be
tremendous was the Four Marx
or Charlie Chaplin"
In the friendliest manner, I
would like to urge the Shu-
berts to drop their contem-
plated usage Of the title, "The
Ziegfeld Follies Of 1888" Inas-
much as I have already been
approached twice to write for
the production, mine is hardly
a case Of sour grapes. It is
simply an honest opinion that
the entire thought is ill-advised.
I do not blame Miss Billie
Burke for selling the title, nor
do I blame the Shuberts for
buying it. After all. Mr.. Zieg-
fields widow is entitled to all
the money she can earn. She
is an exceptional actress and a
thoroughly charming woman
and if she thinks it wise to
sell the Ziegfeld name after the
mans death, nobody can wisn
her anything but the very best
Of luck.
The ShubertS, Of course,
make their purchase purely as a
business proposition. They know
that never in the history Of
show business was there a box
office title as magnetic as the
The Washington times., 1933-07-22
Investment Trusts
Haze Another Drop

The average for the common
stocks Of the five leading man
agement trusts, influenced by the
leverage factor, as compiled by
Observation-Disclosures, Inc, stood at
1872 as Of July 81, compared
with the average Of 1928 on July
IA.
The average Of the non-lever-
age stocks stood at 13.46 as OF
the close July 81, compared with
1921 at the close on July IA.
The average Of the mutual funds
closed at 1921, compared with
11.97 on July IA.
The Washington times., 1933-07-22
RAIL LOAD|NCS
SET RECORD

Loading of revenue freight for
the week ended on July IS totaled
648,206 cars, the highest for any
week so far this year, the Amer
lean Railway Association an
nounced today.
This was an increase of 108,-
983 cars above the preceding
week, when loadingS we're reduced
owing to the observance Of In
dependence Day, and was an in
crease of 144,44 cars above the
corresponding week in 1882.
Loading of all commodities for
the week showed increases over
the preceding week this year.
All commodities, except live stock,
also showed increases over the
corresponding week last year.
The Washington times., 1933-07-22
Army Orders

Leave Of absence granted to
Lieut.. Col. Samuel 8. Creighton,
one month and IS days; Lieut..
Col. Lloyd B. Magruder, one
month.
Col. Roger Brooke assigned to
Washington, D. C.
Major Harry A. Flint to Fort
Knox, KY.
Capt. Russell c. Winchester to
Fort Bliss Texas.
The Washington times., 1933-07-22
Sherwood Renamed
Head of Loan GROUP

James L. Sherwood has been
named president of the North
east Building and Loan ASsocia-
ton for his eighteenth consecutive
term.
Other officers reelected are
John L. Knopp, first vice presi-
dent; Schuyler s. Symons, secre-
tary: Frank M. Hatley, treasurer;
James E. Payne, assistant treas
urer; j. A. OpenShaw, assistant
secretary; William S. Torbert,
general counsel.
The Washington times., 1933-07-22
Warner Brothers
Cut Quarter Loss

NEW YORK, July % GN.SO.
Warner Brothers Pictures-report
for 13 weeks ended May 81
showed a net loss of $1,579,4 ,448
after charges and provisions for
investments in affiliated com.
panies, against a net loss of $2,-
975,056 in the corresponding 1882
period.
Net loss for 80 weeks to May q
was $5,021,774, against loss Of
$8,242,755 in preceding year.
The Washington times., 1933-07-22
Marshall Field Co.
Shane Loss for Half

NEW YORK, July % GN.S0.
Marshall Field & Co. sustained a
net loss of $301,9o0 after all
charges in the quarter ended
June 80, compared with a loss
of $2,073,500 in the preceding
period and a loss Of $4,107,000 IN
the second 1882 quarter.
Six months net loss was $2,375,-
400, against a net loss of $6,401,-
100 in the same period last year.
The Washington times., 1933-07-22
NITROGEN IN RUSSIA

The nitrogen industry is ad,
Vancing rapidly in Soviet Russia,
according to a report to the Am
erican Chemical Society by N. AL.
of New York city. -Four
plants, two of which were de.
signed by Americans, are in oper-
alton, and five more are planned.
The Washington times., 1933-07-22
TideIUater Reports
Improved Position

The improved competitive posi-.
tion of Tide Water Associated
Oil Co., together with the fur.
ther completion Of the integral
ing program of the Tide Water
unit, is reflected in report of
earnings showing net profit of
$1,413,O82 for the three months
ended June 80, according to a
statement issued by President
william F. Humphrey.
This compares with a profit Of
$1,572,097 in the second quarter
last year.
The Washington times., 1933-07-22
Sun Oil Net Income
For Half Year Off

NEW YORK, July % G.N.SO
Sun Oil Co. net income for the
six months ended June 30
amounted to $1,138. .982, equal
after per cent preferred divi-
dend requirements, to SO cents a
share on 1,591,110 comm o n
shares.
This compares with $2,03O,918.
or $l.13 a share on 1,535,775 com.
mon shares, in the first half last
year.
The Washington times., 1933-07-22
RETRACES
PART Of LOSS

NEW YORK, July % G.N.S0.
Curb stocks jumped all over the
place today before a late buying
wave halted a further Sizeable de-
cline and brought partial retrace-
ment of prices at the close.
The list follows:
The Washington times., 1933-07-22

Just about a year ago, I met
a chap on Broadway whose
only possession in this world
was a broken-down distillery in
one of the Southern States.
This distillery turned out a
fairly popular brand Of cheap
rye before prohibition. But it
folded up when the so-called
dry era arrived, and the name
has meant nothing since.
This chap wanted nothing
more than to get rid of his
property. He spoke to a num-
ber of people who might be
interested, including all the big
shots in the liquor racket.
Great Bargain
I'm only asking $4,000 for
the whole works." he told them,
"and you're getting a great
bargain at that figure. It's
worth nothing today, of course,
but prohibition is on the way
out. And when it goes, a little
fixing will make my plant one
of the best in the nation.
'Why not buy it, if only for
an investment? How can you
go wrong on $4,000 for that
kind Of property? I'm telling
you to buy it, boys. You'll
never regret it,"
But it was no dice. The
racket boys couldn't see the
proposition favorably at all.
They weren't interested in a
broken-down distillery, espe-
cially when it was so far from
New York. So the young mans
urging went for naught.
The chap was almost desper-
ate. The first decent offer
would have taken the place,
even If it. was no more than a
few thousands in cash. But
that offer failed to come. And
the young man left Broadway
with the place still in his pos
session.
I don't know how many
months it was, but the chap
finally sold his distillery in a
stock transaction. Without any
actual cash being transferred,
he turned over his property for
10000 shares of National Dis
tillers.
Last week, he sold 5000
shares of his stock for a sum
that ran we'll over half a mil
lion dollars-and he still has
5000 shares left.
What whale of a difference
Just a few months make!
The Washington times., 1933-07-22
BONDS NERVOUS
AND F|RMER

NEW YORK, July % G.N.S).
Bonds were stronger in nervous
trading today, with rallying ten
denotes the rule in the run of Sec
ond grade rail and domestic cor
poration obligations. The list fol-
lows:
The Washington times., 1933-07-22
AuIn a Day
ODDS AND ENDS
BY
-MARK HELLINCER.

ziegfeld Follies. And they feel
that a revival Of the name will
draw heavily in the sticks.
The Washington times., 1933-07-22
N. Y. STOCK QUOTATIONS
Continued from Preceding Pass)

Prev. 1888 Name and Net
dgh Low Dividend Rate High Low Close ChEo
The Washington times., 1933-09-08

NEW ORLEANS, Sept. 8
GN.S0.-Senator Huey P. Long
has added AL Capone to his list
of correspondents.
An open letter, weighty with
irony and advancing a new Long
plan" for getting AL out of the
Atlanta Federal penitentiary. was
distributed broadcast to Louisiana
residents overnight.
1t suggests that Capone take
credit for the black eye given
the senator at a Long Island
charity benefit two weeks ago,
and assures him that he will be-
come the hero of America and
the man "Morgan's magazines
are looking for"
Charging that House of Nor
gan editors" are receiving con-
tributionS for the unknown
criminal or criminals" the letter
states parenthetically:
"YOu know. AL, while they've
got you in the penitentiary for
not reporting all your income
tax, j. p. Morgan and all his
partners paid none at all, and
the Government ordered them
not Investigated because every
thing they returned was o. k
The Washington times., 1933-09-08
Take Credit for 'Ganging'
Huey, Capone Advised

$50, now, here's your chance,
If you can rise to it. Wire them
(the Morgan editOrs) or any
other magazines and newspapers
in with the House of Morgan
and other big fortune holders
wire them you had Senator Huey
p. Long beat up at charity
benefit on Long Island, and the
only reason he vast killed was
because he managed to get away
too soon for them to finish the
job.
Immediately they will send
you contributions and a Morgan
gold medal. That puts you in
their class. Then you are not
expected to pay income tax, and
the Government will pay you
back whatever money you did
pay.
wire them you will complete
the job on Senator Long if he
goes too far again. And, to
make it sure, wire them also
that you have your eyes on
other senators who voted for
the Long plan" to put limit
on big fortunes and spread some
wealth among the people IN
America"