davidaulloa/AmericanStories huggingface dataset:
Evening star., 1934-12-25
RAGGED MEN AWAKENED
BY CHRISTMAS GIVERS
Police Join in Rejoicing After
Man and Woman Distribute
Money in Havana.
BY the Associated Press.

BY the Associated Press.
HAVANA, December 25.-A burly,
dark complexioned man, accompanied
by lovely, matronly woman, wakened
ragged sleepers in the doorways of
business houses along Havana's Prado
and around Central Park last night
To each they gave shiny new peso
with an injunction to use it to cele-
brate the birthday of that Carpenters
Son who loved only the poor.
Sleep was gone Off each one and
they gathered by the dozens at the
market across the little park in front
of President Mendietas palace. They
became convinced the givers were Col.
Fulgencio Batista and his wife.
Cries of vivas brought police on the
run. When they learned the cause of
the shouts. they and the early shop
pers and market men joined in dance
of rejoicing.
Evening star., 1934-12-25
FIRE MENACES SENATOR

Chairman Fletcher Of the Senate
Banking Committee yesterday mar
rowly escaped having a burnt coat
tail or worse.
The Florida Senator was talking to
a newspaper man in his Office when a
wicker waste paper basket sitting be-
hind him blazed up. the flames nearly
igniting his clothing His visitors
finally stamped out the flames without
serious damage.
Evening star., 1934-12-25
CACTUS DRINK WEIGHED

The Federal Alcohol Control Ad-
miniStration will conduct hearing
December % in the matter of per-
hitting The distilling of tequilla. a
Mexican cactus drink, in the United
States.
A group of men Of Nogaies, Ariz.,
has sought permission to make
tequilla for distribution in this
country.
Evening star., 1934-12-25
VETERANS RURAL
HOUSING PUSHED
Plan to Place Disabled Men
in Country Homes TAX.
ing Form.
BY the Associated Press.

BY the Associated Press.
Designed to make disabled veterans
compensation 60 further, plan to
establish the former soldiers in low
priced country homes is taking def
mite shape.
Brig. Gen. Frank T. Hines, chief Of
the Veterans Administration, said
yesterday his organization Is investi-
eating applications with a view to
submitting a preferred list to the
Relief Administration. Applications
without disability payments already
have been forwarded to relief head
quarters, but Hines said he believed
veterans receiving $50 month and
upward would be likely candidates.
This, he explained, would enable
veterans to pay the $100-a-year
amortization charges on rural re-
habilitati0n homes OF the Relief Ad-
ministration and have something more
besides.
Gardens In Communities.
The rural communities, three of
which already have been set up, each
have two or three acres for garden
ing. That at Woodlake. Tex, is purely
rural, while part-time industrial en-
ployment Is planned for those at Red
House. w. Va, and Mississippi County,
Arkansas.
Relief administration ofiicials said
nd
such communities, with IL marked
for immediate construction. Lawrence
Westbrook. F. E. r. A. director Of
rural rehabilitation. commented that
the plan is still "in the exploring
stage" but Hines, who broached the
idea to Harry L. Hopkins, relief ad-
ministrator, said 1t had definite pos
sibilities."
McCarl Ruling Awaited.
Hines added that while applications
OF veterans drawing compensation
were being held at the Veterans Ad-
ministration pending an opinion by
Controller General McCarl on the
legality Of signing over a sufficient
amount to defray payments to the re-
lief administration, Il have an idea
that he'll find no objection as long as
the Government is not involved"
Hines insisted that the plan had
no connection with the revival of con-
greSsional demands for immediate pay
ment of the bonus, saying that it had
been under consideration for several
months. He declined to estimate the
number of veterans that might apply,
but said the total number drawing
compensation payments was 100000.
Evening star., 1934-12-25
10000 DINNER GUESTS
1880 st. Louis Employees Act as
Walters for Needy.

ST. LOUIS, December 25 R.-
Forty thousand of the city's needy will
be Christmas dinner guests of Mayor
Bernard F. Dickmann at the st. Louis
Civic Auditorium, with $500 city en-
ployes acting as walters. Eight Or
chestras and numerous entertainers
will perform during the day.
Evening star., 1934-12-25
State Forests Extended.

INDIANAPOLIS R.-Virgil M
Simmons, State conservation COM
missioner, says that approximately
$500 acres of land were added to the
Indiana State forests during the Fall
Of 1884.
The Washington times., 1934-06-15
LAST Of BANKS
COMPLY WITH
ACT Of 1883
BY International News Service

Service
Goldman Sachs 6S Co. and Leh-
man Brothers will stay in the Sc
curities business and give up their
deposits, completing Wall Streets
compliance with the terms Of the
banking act of 1888 before satur.
days deadline.
This followed formal announce
ments that Dillon, Read & Co.
and Speyer & Co. were staying in
the securities business also.
Kuhn, Loeb & CO. are giving up
their deposit business, but will
continue their investment business
and all phases of their banking
business which are permitted by
law.
Exclusively Forecast
The action of Kuhn, Loeb and
Dillon Read was exclusively fore
cast in the Evening Journal. Off
cials Of Goldman Sachs and Leh-
man Brothers stated that their
deposits have amounted to very
little for a long time, and that,
therefore, no formal announce
ments were considered necessary.
The Dillon Read action was an
nounced by Robert E. Christie, jr.,
partner and head Of the Invest
ment Bankers Association of Amer
lea, who added an optimistic view
of the aid to the capital markets
which will result from the revi-
sions in the securities act by Con-
greSs.
Step Forward
Mr.. Christie declared that the
amendments were a real step for
ward in making the law work
able and asserted they will start
private refinancing again. He en-
phasized in addition the wide pow
erS given the new commission of
five under the law and added:
81 confidently hope that Com
misSiOners Lands and Matthews
and their associate commission.
erS will be able, by constructive
interpretations Of the law as
amended, to pave the way for
much needed capital financing"
The Washington times., 1934-06-15
B. N. T.MAY PAY.
ON COMMON
By International News Service

BY international News service
Brooklyn Manhattan Transit
Corporation directors will meet
on Monday and will declare a
full years dividend on the S6
preferred stock, it is reported in
informed Wall Street quarters.
This action will pave the way
for resumption of dividends on
the common stock. which were
omitted on April IS. 1882. when
the company got into financing
difficulties on its heavy short
term banking loans.
Directors will discuss paying a
dividend on the common, it is
stated, with the possibility that
a 50-cent payment or So annual
basis will be voted. However,
there is likelihood that this
will be deferred until the next
dividend meeting since the B. M.
T. contract with its union en-
ployes expires this summer, and
the board may wait until this is
renewed before paying on the
common.
B. M. r. is in a position now
to restore dividends on the junior
issue since it recently sold long
term bond issue to a banking
house and completed repayment
Of it's short-term loans, which
originally amounted to $13,-
500,000
Earnings on the common are
running better than IS a share
annually, according to the COM
pany's statements. Provisions
covering the preferred stock re-
quire that full years dividend
be declared in advance before
anything be paid on the COM
mon.
The Washington times., 1934-06-15
Bitl4rainOus Coal
Production RiSi1lQ

The National Coal Association,
from incomplete car loading re-
ports from the railroads, estimates
bituminous coal production in the
United States for the week ended
June 8 as approximately 6,150, 900
net tons. Production for the cor
responding week, 1888, 5,435, 900
tons; 1892, 4,O28,0 900 tons. The re-
port Of the Bureau Of Mines shows
production of 6,362 900 tons for
the week ended May 26, and $780,
900 for the week ended June 2,
1894.
The Washington times., 1934-06-15
BROKERS LOANS
RISE AGAIN

Loans on stocks and bonds to
brokers and dealers by reporting
Federal Reserve member banks in
New York City increased $4,000
600 during the week ended June
13 to a total of $1,011, ,000, 900.
Demand loans constituted $780,
100000 of the total, compared
with $67S, 100000 a week ago.
Time loans were 1891 900 900, com.
pared with $319, 100000.
Loans on securities direct to
non-broker customers by reporting
Federal Reserve member banks in
New York City decreased $4,000
900 during the week to $3.50, ,000,-
900. This compares with $902,-
O00, 900 last week and with $1,0S6,.
100000 a year ago.
The Washington times., 1934-06-15
c. NJ. AIR FIRM
CUTS BOARD

The directors of North Amer
erican Aviation, Inc, have been
reduced to 7 from 81, the present
board consisting of 4 members
identified with General Motors
interests, and 3 members repre-
Senting minority interests. Gen
eral Motors Corporation, with it's
affiliate, General Aviation Corpo-
ration, controls 81 per cent of the
stock.
Representing General Motors
are Ernest r. Breech. chairman;
Henry B. du Pont, John Thomas
Smith and Henry M. Hogan.
Members representing minority in.
tereSts are LaMotte T. Cohu, Ed
ward r. StettiniN and John
Hertz.
Stettinius, now vice chairman
of the finance committee of
United States Steel Corporation,
was formerly a vice president of
General Motors. Hertz was head
of the Yellow Truck and Coach
Manufacturing Company prior to
acquisition of control by General
Motors.
The General Motors aviation
Set-up has been altered to comply
with conditions laid down by the
Government in regard to air mail
contracts.
With the exception of Eastern
Air Lines, the General Motors air
mail picture is not substantially
changed from its status prior to
the cancellation.
The Washington times., 1934-06-15
WALKER STARTS
PEORIA STILL

Operations have been started
in the new Peoria plant OF
Hiram Walker Gooderham &
Worts, which has capacity OF
10000 bushels of grain, yielding
approximately 100000 gallons Of
spirits a day. The company be-
gan MASKING in the first of its
four units with a trial run Of
$500 bushels.
The Peoria development, cost
ing more than $5,000,00O, Is now
practically completed. The COM
pany now has about rounded out
its expansion program in this
country which, in addition to the
Peoria plant, includes rectifying
plants in Jersey City. San Fran
cisco and Detroit, and sales ware
houses in IA cities. The Detroit
plant is operating full time and
the other two rectifying plants
are expected to get under way
in the near future.
So far during the current fis-
cal year which began September
/ more than 100000 gallons of
matured whisky have been
shipped to the United States
from the company's Canadian
warehouses, which a year ago
held an inventory of 14,500, 900
proof gallons, carried on the
books at roughly so cents q
gallon.
The Washington times., 1934-06-15
vssS; issSsS y;:;::' ss::::' N. Y. Curb Quotations

NEW YORK, June is 0.NIS0.
A slight rally developed in the
Curb market in later trading to-
day, carrying the majority Of is
sues to gains over yesterdays
close.
Strength was especially notable
in the case Of utilities and special
ties, but oils continued downward,
while metals and liquors failed to
stage a proportionate recovery.
Selling Of the last few days has
apparently been absorbed and a
base established for q new rally.
In the utilities, United Gas pre-
ferred gained three-quarters of a
point and American Gas and Elec.
trio and Columbia Gas preferred
also showed strength, gaining one
half and one-quarter points, re.
Spectively.
Losses of from one-eighth to
three-quarters characterized the
oils.
The miscellaneous issues turned
about sharply, changing average
one-quarter point losses to gains
of similar amounts. Greyhound,
Swift 81 Co. and Technicolor were
UP three-eighths, while smaller
gains were registered, among
others, in Pittsburgh Plate Glass,
Swift International and Fisk Rub
Der.
Liquor and mining shares failed
to respond to the new movement.
Cities Service common eased "
to 2A.
The Washington times., 1934-06-15
BANK BALANCES
SET RECORD

A new high record on Reserve
member bank balances and an in
crease of $81, 100000 in gold
certificate holdings of the Federal
Reserve banks featured the weeks
credit statements. 49,,
Totaling S3,895, 100000 tn e
member bank reserve balances
compare with the previous high
of $3,787, 900 a week ago and with
$2,2S1 200. 900 a year ago.
Excess Reserves High
Excess reserves of the member
banks continue around their rec
ord high levels in excess of $1,700,-
100000.
Gold certificate holdings of the
IL Reserve banks were $4,787 ,162,-
900 on June 13. the deposits Of
.$81 200, 900 during the week repre-
senting additions to the gold stock
of $30,000,000 and the balance of
$51 100000 the utilization Of
"free" gold by the Treasury De-
partment.
Loans Cut
The daily average volume OF
Federal Reserve bank credit out
standing during the week ended
June 13, as reported by the Fed
eral Reserve banks, was $2,444,-
O00, 900, a decrease of $26, 1000, 900
compared with the preceding
week and an increase of $685.
5000 compared with the CORE
spending week in 1888.
The Washington times., 1934-06-15
Business Moderate
For Liverpool SPOT

LIVERPOOL, June IS G.N.SD.
There was a moderate business
done in opening spots on the
Liverpool Cotton Market today.
Prices were steady. There were
no receipts.
At noon middling fair was
7.66d; strictly good middling,
7.21d: good middling, 6.91d:
strictly middling, 6.76d; middling,
6.6ld; strictly low middling,
6.46d; low middling, 6.21: strictly
good ordinary, sold, and good
ordinary, Sid.
Futures opened quiet and at
noon were unchanged to one
point below opening quotations
and three to five points below
due quotations. July opened at
$3.50: January, 6.26d, and March,
6.26d. .---l-..-
The Washington times., 1934-06-15
Pacific Telephone -;
Net Off For April

Pacific Telephone and Tele-
graph Company, excluding sub:
sidiaries reported for April a net
operating income Of $685., ,905,
compared with $92o.s54 in April,
1888, a decline of 5000.
Gross revenue, however, gained
$4,4O1 $50 in the four months
ended April 80, gross was $17,393,.
551, and net operating income,
$3,545,16 compared with $16,S62,. =
225 and $3,36O,691, respectively, :
in the sam period last year. The
company is controlled by Amer
lean Telephone and Telegraph
Company.
The Washington times., 1934-06-15
Packers Pdy Rolls
Rise S26,5OO.OOO

The Big Four packing companies,
Armour & Co., Swift g. Co., Wilson
6E Co. and Cudahy Packing Co.,
are currently paying out in wages
a sum about 18 per cent greater
than was the case prior to NRA
commitments made last August,
or an aggregate amount of the
four equivalent to about $26,500.-
600 annually more than q year
ago. Although the wage bill of
these big packers has increased
substantially they have nonethe-
less held down other expenses so
that their operating basis Is still
about 20 per cent below the 1880
level.
The Washington times., 1934-06-15
COTTON
USE. BY MILLS
OFF IN MAY

Census Bureaus estimate for
consumption of cotton by domes-
tic mills in May at 5000 bales,
against $4,000 consumed in April,
was about $4,000 bales less than
expected by the trade. The re-
port becomes unfavorable If the
comparison is made on the basis
of the daily rates. The May daily
rate Of consumption works out at
22,S00 bales, against $4,000 in
April.
Moreover, the decline in the
rate from April to May is much
larger than seasonal, amounting
to 81 per cent, as against sea-
Sonal decline Of between per
cent and 4 per cent.
Boom Last Year
May consumption compar
with 621,000 bales consumed in
May, 1888, when the cotton mills
were under the influence of an
unseasonal buying boom which
Spurred mill activity, starting in
March and reaching it's peak in
June, 1888, when the mills used
UP 698, 900 bales Of the staple.
Roughly. consumption by do
nnestic mills since last spring has
been running true to the seasonal
trend. A falling off in sales was
the major consideration leading
to the code order for curtailment
which started the first week in
June, 1894.
Looking ahead, the outlook for
June Is for consumption by do
mestic mills of somewhere be-
tween 100000 and 100000 bales.
When curtailment was inaugu-
rated in June, providing for a re-
duction of the maximum permit
ted hours for operation of ma
ehinery to so a week, from 80.
the two.shift mills we're probably
averaging about 70 hours week
In operation.
June Drop Seen
Making allowance for non-cur-
tailment by mills operating one
shift, and for exemptions from
the curtailment order granted to
certain mills, it is probable that
the daily rate in June will be re-
duced about 10 per cent from
May, or to 10000 bales. With
81 working days in the month,
this would result in a June con-
sumption of about 433,000 bales.
This estimate is based on the
assumption that the brisk buying
which started in Worth Street a
few days ago will continue long
enough to keep the mills en-
gagged at the maximum permit
ted capacity throughout June.
The Washington times., 1934-06-15
BANKER URGES
SAVINGS NEED

Saving did not cause the depres
sion, but saving is necessary to en-
able us to work our way out Of 1t
A. w. Converse, vice president OF
the First National Bank of Chi
cago, told the convention of the
American Institute of Banking
here. He said:
"The excess Of investment
over savings helped to produce
the boom and the succeeding de.
preston. Instead Of there being
an excess of savings, there was
actually . deficiency, which
gave rise to the unwarranted
expansion of credit.
1T was the lack Of adequate
saving that produced the arti.
ficial credit structure, the liQui-
datiOn of which has called for
an unusually large amount of
saving and sacrifice.
"The deficiency in saving dur
ing the boom has been partly
made up. With part of the
heavy load of debt removed, the
basis for recovery has been laid.
1t is now necessary to accumu.
late through saving q supply Of
funds for new investment.
"The lack Of investment de-
mand during the depression has
forced the rate for lOng.term in.
vestment capital down to point
where business is encouraged to
venture forth. again on new
projects which would not have
been profitable under the high
rates formerly prevailing"
The Washington times., 1934-06-15
Business Nevs
Spotlight

A new high record on Re
serve member bank balances and
an inrcease Of $S1, 100000 in
gold certificate holdings Of the
Federal Reserve banks featured
the weeks credit statements.
Daily Reserve credit volume
dropped SIG, 900, 900. Stock and
bond loans to brokers and deal
ers rose $4,000, 600. Mills con-
Sumed daily 22,SOO bales of cot
ton in May, compared with a.
400 in April Horn ana HOrd-
art Baking Company, Of Phila-
delphia, has declared the regu-
lar quarterly dividend Of $1.25 =
share. payable July 2 to stock Of
record June 20.
The Washington times., 1934-06-15
RANCE NARROW
FOR GRAINS

CHICAGO, June IS UNSD.-
Grains generally covered a mar
row range today in quiet early
dealings.
wheat gained more than a
cent to 96h for the September
delivery and corn advanced a
major fraction to 603sc, but later
reacted on realising and lowered
around the previous closing level.
Near mid-seSSion wheat was
hc up to Hc down. corn "a to
1ac down, oats 1s to Vac up and
rye unchanged to Vac down.
Crop news was bullish, foreign
markets firm.
The Washington times., 1934-06-15
COTTON PRICES
SINK LOWER

NE WYORK, June IS G.N.S0.
Steadying somewhat after weak
opening, cotton futures today fell
below the previous close in mod
orately active trading.
There was a fair amount Of
price fixing for trade sources
throughout the forenoon and con-
siderable commission house and
spot house buying. July liquida-
tion continued apace, while wire
firms and the South placed mod
crate offerings in the ring.
Sentiment was still depressed by
the unfavorable weather condi-
tions obtaining over most sections
Of the cotton belt, particularly the
dearth of rainfall in Eastern
States. In addition, the forecast
was for mostly fair weather to-
night and tomorrow.
Noon quotations were off three
to five points, with July off at
1871, October off 4 at 1915, and
December off S at 1925.
The Washington times., 1934-06-15
THE WASHINGTON TIMES FRIDAY JUNE IS. 1884
v'';S: :,!ss:s 5;;;s'" N. Y. Bond Quotations W;

NEW YORK, June IS 0N.S).
United States Government issues
continued to feature the bond
trading today as many Of them
advanced to new highs for the
year.
Domestic Corporation isues were
quiet and showed no definite
trend in the light trading. Ma
tional Dairy 5As were up frac-
tionally, while Canadian National
AIS were slightly lower.
German issues were again sold
freely but losses were held to
fractions. The Young Plan 51as
and the Dawes Is led the decline.
The Washington times., 1934-06-15
AutO-Lite Co. Profit
MuLtiDLied 5 Times

By International News Service
Electric Autolite Company's net
profit in the quarter ended March
81 amounted to $374,822, equiva-
lent after Z per cent prefrred divi-
dends, to "a cents q common
share.
The Washington times., 1934-06-15

Q. 8. Govt.
The Washington times., 1934-06-15

7Sc payment made, the first since 1880.
REDUCED
1ic) Quarterly t1.5O 1S July =
dividends on $500 paid.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-10-09
CASH BOUNTY is NEAR
10 MILLION ON COTTON

Continued from page one)
need not surrender them but may
keep them for use next year in
event the Bankhead Act is con-
tinued. On this possibility, opin-
ions are divided.
The department estimated that
each of the 27,42l, 900 acres of
cotton would yield an average Of
1863 pounds. An accompanying
report by the census bureau
placed ginningS from the crop
prior to Oct. l at 4.95S,346 bales.
Officials pointed out that this WAS
more than half the total indicated
production and should serve to
quiet critics who complain the
Bankhead Act is retarding the
movement Of cotton.
The production estimates repre-
scented an increase Of 81 per cent
or about $4,000 bales above the
September forecast. Increases Oc-
CURED in Arkansas, Louisiana,
Mississippi. Alabama and Georgia,
but were partially offset by de-
creaseS in Texas, Oklahoma. and
parts of the CarOlinas and Vir-
Sinia.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-10-09
THURSDAY
= PARIS FASHIONS
By MARY KNIGHT
United Pres Sstaff Correspondent

PARIS. (UP). - Thinking TO
get a little official information
from the folks who compile the
journal Official de la Mode
Parisienne," we asked about gen
eral tendencies in this thing call
ed Fashion" from Paris.
"Women seem to have tired
Of large hats set in equilibrium
on the top Of the head" was
the first thing we learned, and
the first time also, we might
add, that we ever knew that hats
had been especially large or that
there ever had been any notice
able equilibrium about the way
they perched on the feminine
head. Well. anyway, we learn
now that, 1--WE shall see Il large
number of toques and turbans,
the turbans are fairly classical
even though they are trimmed
with feather motifs, which impart
more 'dresy' effect. ToqueS
are with great number of twist
effects and made from velvet rib
bonS in warm toneS-mat-Surfac-
ed with a touch Of metal.
Concluding the hat situation,
our investigation revealed that
toward a more 'dressy' fashion
and at the same time more
modest trend-modistS reveal
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-10-09
COURT HAS NURSERY
FOR PARTICIPANTS

SALEM, Mass, Oct. 9t-CUP.
When their parents come to
court hereafter, children will not
be allowed to run about the cor
ridorS. r,
A nursery has been established
to care for the children at the
district court here.
On the walls Of vacant Offlc
in the building have been painted
some prominent persons of fairy
land such as Little Bo Peep,
Mr.. and Mrs. Jack Spratt, Little
Miss Muffet, Simple Simon, Lit
tie Boy Blue and Mother Goode.
The room is furnished with chill
dren's furniture donated by the
local business houses.
Pamela Delaney Ferris is rep
resentative for the Society for
the Prevention ,jof Cruelty to
Children.