davidaulloa/AmericanStories huggingface dataset:
Imperial Valley press., 1934-08-30
RED GRANGE
GOING STRONG

CHICAGO. Aug. 80. U.P)-" The
Galloping Ghost" with No. II on
his back, will be out in Soldier
field tomorrow night playing for
the Chicago Bears against the ALL
America college team.
Every football fan knows that
means Harold (Red) Grange, but
some of them may not know that
it will be his 221st game and the
start of his 18th season on the
gridiron.
Nine years ago he was the most
publicized football player in the
land. but at o'clock this morning
Grange reported to Coach George
Halas just like the greenest rookie
on the Bears squad. Since prac-
tice started IS days ago Grange
hasn't missed a minute of practice,
asked for time out or loafed a step.
And if the college boys think
Grange is through, they had better
not let him get past the line Of
scrimmage or they may be grabbing
at a lot of night air fresh off Lake
Michigan.
Imperial Valley press., 1934-08-30
COAST LEAGUE
Yesterdays Results

ItsttIUdN ht5HIlS
Los Angeles 6, Missions l.
Hollywood 3, San Francisco 2 40
inningsD
Seattle 3, Oakland !.
Portland 4. Sacramento 2.
Imperial Valley press., 1934-08-30
NATIONAL LEAGUE
Ynsterday,s Results

Yesterday Results
Detroit 1875, Philadelphia 7-l3.
Chicago 3, New York !.
ST. Louis S. Washington 4.
Only games scheduled.
Imperial Valley press., 1934-08-30
GIANTS END
ROAD JAUNT
BY THEON WRIGHT
United Press Staff Correspondent

NEW YORK, Aug. 30.-The world
champion New York Giants came
home looking back upon their west
ern tour-if not with pride. at
] least with satisfaction.
They won nine and lost seven,
while the Cubs in the same period,
won eight and lost seven. st. Louis
Cards played the best ball-11 out
of l6-but they were farthest back.
The averages were: Giants. .563;
Cubs, .533; Cards, 68S.
Yesterday Carl Hubbell took the
licking from the Cubs, 10, Hughie
Critz's tumble in the ninth paving
the way for the only run of the
game. Lon Warneke pitched for
Chicago.
st. Louis started a game behind
Chicago and a half behind New
York beating Brooklyn Al. Joe
Medwick's double, scoring Jack
Rothrock. broke up a 1-all tie.
Waite Hoyt of Pittsburgh and
Hugh Belts of Boston each had
fine day. Belts shutting out the
Pirates in the opener, TO, while
Waite Hoyt, performed a similar
service upon the Braves in the
nightcap. TO.
Detroit gained a half game on
New York in the American, in spite
of Schoolboy Rowe's defeat by Phil
adelphia in the nightcap which
broke his streak Of 16 in row. The
Tigers took the opener on success
sive homers by Owen and Doliack
which broke up a tie in the eighth,
Detroit winning. 1871.
The Athletics assaulted Rowe in
the fifth inning of the second
game, Bing Miller's double driving
in three. They drove the Arkansas
scholar off the hump in the sew
enth, Philadelphia taking the de-
cision, 1875.
Johnny Broaca pitched a four
hit game for New York but lost to
the Chicago White Sox, 81.
ST. Louis passed Washington, 60
ing into fifth place as Dick Coff-
man turned back the Senators, Sd.
Imperial Valley press., 1934-08-30

something Joe Wood with all his
Smoky. Smoky, Walter johnson,
with all the power in his right arm,
and Lefty Grove, with that bullet
of his, couldn't do, was gone. And
the Philadelphia fans didn't make
it any easier. From the start, the
SO 900 customers called for his scalp
in ever increasing roars. And when
he headed ior the showers they
rose and beloved the yell of tri-
umph that greets a knockout in the
ring.
But Schoolboy had one consola-
tion-in his failure he joined prct-
ty good company.
Imperial Valley press., 1934-08-30

The domestic demand for GRAY
enstein apple has been good while
export requirements have been
light.
Imperial Valley press., 1934-08-30
PACIFIC COAST
LEAGUE GAMES
BY United Press

The Pacific coast league is fca-
turing as hot fight for the sew
enth place berth as for its first
place ranking in the final weeks of
the campaign.
Portland and Sacramento are the
participants in the struggle to
avoid the cellar berth by roosting
one notch above. The two are
playing a nine game series this
week, and today they are tied for
seventh place.
The Beavers achieved the tie
yesterday by defeating Sacramento
for the second straight time. The
score was 4-2, with Ulrich out
pitching Nicholas and HartWig to
get the verdict.
Meanwhile the situation around
the other end Of the league, the
top was unchanged by yesterdays
results.
Les Angeles defeated the Mis-
sions again. 6-l, to hold its three
game lead Millard Campbell kept
the Reds in check while the Angels
dubbed Osborne, the Missions best
pitcher. for "A hits.
Seattle. second place club. also
won, defeating Oakland in a pitch
ing duel by 81 score. Yerkes and
Henderson worked for the winners;
Hal Haid for the Oaks.
Young Joe Sullivan pitched Hol-
lywocd to 3-2 win over the San
Francisco Seals in 10 inning
struggle. Ken Sheehan. young Seal
southpaw, blanked the Stars TO-
seven innings but weakened in the
closing frames.
Imperial Valley press., 1934-08-30
Here And There
In Sport World
BY United Press

CHICAGO. Aug. 30. = New Or
leans today was favored to win its
second American Legion junior
world series in three years. The
southerners yesterday won the op-
ening game of the three game SER
les from Cumberland, Md. 5-4, be-
fore 10000 persons at Comiskey
Park.
RYE, N. Y, Aug. 30.-Clifford
Sutter of New York opposes Frank
Shields, top ranking American, in
the quarterfinals of the eastern
grass court championships at the
Westchester courts
Frankie Parker of Lawrenceville,
N. j.. will tackle Jack Tidball, ran
gy Californian, in another semi
final bracket, while Gil Hall Of
South Orange, N. j., conqueror OF
Lester Stoefen of Los Angeles yes
terday. will play Gene Mako, an
other Pacific coast player.
In the fourth match Berkeley
Bell will play George Lott of Chi
cago.
Imperial Valley press., 1934-08-30
The Weather
LOS ANGELES AND VICINITY

LOS ANGELES AND VICINITY
Partly cloudy tonight and Fri
day; cloudy in morning: seasonable
temperature and humidity with lit
tie change; gentle changeable wind.
LOCAL TEMPERATURES
data compiled by Howard En-
mons, local observer for the United
States weather bureau.
Maximum yesterday ................,.....l05
Minimum today ACKNOWLEDGEMENTS. IA
Reading at Noon Today
Temperature OBSERVATION-DISCLOSURES. 80
Humidity ............................... 40
Reading at a. m. Today
Temperature 10
Humidity ..................................... SO
Reading at p. m. Yesterday
Temperature ~
Humidity 10
Imperial Valley press., 1934-08-30

head and stomach almost without
a return.
Imperial Valley press., 1934-08-30
Baseball Standings
AMERICAN LEAGUE

Yesterdays Results
Chicago l, New York 0.
st. Louis 4, Brooklyn !.
Boston Ito, Pittsburgh OF.
Only games scheduled.
The Washington times., 1934-05-19
BOettcher Elected
Suqar Firm Officer

Claude K. Boettcher, Denver
broker, has been elected chairman
of the board of the Amalgamated
Sugar Company, almost wholly
owned subsidiary of American
Beet Sugar Company, in which he
has an important interest.
There is no significance to the
election, Boettcher explained,
other than the fact that since the
death of the former American
Beet president he has devoted a
great deal of time to the COM
pany's affairs. His election as
chairman of the Amalgamated
will enable him to have a hand in
working out problems Of that unit.
Although the Boettcher family
is also heavily interested In the
Great Western Sugar Company,
selection of Claude Boettcher as
chairman of the American Beet
subsidiary does not imply any
working agreement or merger be-
tween these beet sugar producers,
it is said.
The Washington times., 1934-05-19
FARMER PROFIT
PROBE ASKED

A broad and sweeping inquiry
into agricultural income and the
financial and economic condition
Of agricultural producers is pro-
posed in a resolution introduced
in the Senate by Senator Wheeler
of Montana.
The investigation would go into
the extent of the decline in agri-
cultural income in recent years
and into the increases or decreases
in income of the principal cor
porations and other manufactur-
ers of principal farm products, as
compared with the decline in agri-
cultural income.
Salaries of officers, capital set
up and general financial condi'
tionS of corporations engaged in
processing and distribution Of
agricultural products also would
be inquired into.
The Federal Trade Commission
is named as the agency to under
take the investigation and report
back to Congress on January !.
The Washington times., 1934-05-19
COLD WEATHER
AIDS READING

Samuel Montagu & Co. state
that imports of gold into the
United Kingdom during the
week ended May IA amounted to
G3,811,715 of which &1,S94,3O
came from South Africa, &793, 3,298
from Germany, G574,473 from
India and f4O6,682 from China.
Exports of gold during the
week amounted to f1,834,818, Of
which &1,512,894 went to France
and G263,100 to New York.
Imports of silver during the
week ended May IA amounted to
G131,187 and exports f110,565.
Silver stocks at Shanghai on
May IL mounted to 1875, 6,400,0 900
ounces in sycee and $4,000, 900
dollars.
Silver coin and bullion in In
dian paper currency reserves on
May Z amounted to 1857 lacs of
rupees or 282,362.500 fine ounces.
The Washington times., 1934-05-19
FUTURE TREND
FORBUS|NESS
UNCERTAIN

NEW YORK, May 18 G.NS0.
In no week Of the current year
has it been so difficult to sense
the direction Of the trend of busi-
ness, as so many conflicting in.
fluences have sponsored confusion
tinged with uncertainty, says
Dun & Bradstreets weekly trade
review.
Droughts, unreasonable weather,
undetermined outcome Of pending
legislation, and curtailed opera
tlons in many industries have left
in their wake instability of prices
and a less insistent demand for
merchandise, accompanied by the
gathering of labor clouds over
some of the chief centers> of
production.
Most of these retardative fac
tors have not been brought into
the open, as yet, but are suffi-
GENTLY strong to provide an under.
current which is distracting atten-
tlon from main objectives, al
though not acting as deterrent
OF consequence, as yet, there are
no indications Of apprehension.
Industrial Centers Best
AS a whole, the reports from
industrial centers this week in.
dicated more progress than those
received from agricultural areas
despite the reduction in the total
number now employed in the
former.
Trade is at it's lowest ebb in
the corn belt and the Northwest,
where precipitation during the
past four months has been the
highest in nearly a quarter of a
century, and large crop areas
already are q total loss, with
milk production reduced, and low
cred water levels bringing hard
ships to nearly all industrial
branches.
LetdOwn Seen Light
The majority Of the reports
stress the certainty that the sum-
mer let down will be less marked
than was anticipated a few weeks
ago, and will be followed by a
general expansion in the fall,
which will result in the estab-
lishment of new peaks for the
year.
One of the most fortuitous con-
tributions to the spread of EN-.
ployment during the summer
months lies in the plan for mod
ernization and home building, al.
though nothing of boom proper
tions likely is to result. The mum.
Der of men needed to carry on the
work may run as high as 100000
but the supplies needed will con-
sist largely of lumber, paints,
bathroom fixtures, and electrical
supplies. The easing of the pres
ent perplexing mortgage situation
will be one of the chief benefits
produced by this 5000, 100000 pro-
ject.
The Washington times., 1934-05-19
NEW FINANCING
DUEFOR j. 8.
By International News Service

By International News Service
Initial borrowing to finance the
Presidents 5000 million dollar
program, recently sent to Con-
gress, is expected to be announced
by Secretary of the Treasury
Morgenthau within short time.
Government bond market ex-
pertS were expecting a substantial
bond issue June IS, when 174
millions in "a per cent certificates
will be retired. A 'short-term issue
probably will be floated at the
same time. It was expected a
rate of around 3 per cent on bonds
and close to l per cent on the
short-term issue would be author
lied.
Mr.. Morgenthau also has the
option of making a call for any
or all of the outstanding 1888
millions in First Liberty bonds
June IS for retirement Septem-
ber IS. These bonds which bear
3K2, 4 and ~ per cent interest
are callable at any interest-pay-
ment date on 80 days notices. A
call for the firstS, however, was
not expected at this time.
The Washington times., 1934-05-19
v'1:H: :Gs,,ssssS S;;sss''' N. Y. Bond Quotations

NEW YORK, May 19 G.N.S0.
Further improvement in U. S.
Governments featured a generally
lower bond market today, with
renewed dribbling liquidation evil
denced in rail and domestic cor
poration liens.
Home Owners Loan As pushed
ahead to new high ground at
10000 for a gain of 3-32. Other
Federal issues to attract buying
were the Treasury IS, which rose
2-32 to 100.25, and Treasury 3AS,
up 2-32 at 103.24.
There was a rather steady in
flux of offerings in the more
speculative rail liens. Declines
were held to a point or less, with
such issues as the Northwestern
424s, Denver Rio Grande SIS of
'78, and Southern Railway gen.
eral As, particularly hard pressed.
Among the soft spots in the do
mestic classification were the In
ternational Telephone IS off / at
631a, Interboro refunding IS down
1A at its low of 6812, United Drug
5s off "a at 84A, and Warner Pic
ture IS off " at SO.
German governments again
were under pressure in the for
eign list, with the 51as off "a at
43 and the Is down % at 6912.
Investment grade obligations
were q trifle easier.
The Washington times., 1934-05-19
CHICAGO GRAINS
POINT UPWARD

CHICAGO, May 10 GN.S).
Grains were strong on buying
stimulated by continued drought
in the grain belts.
On a relatively light turnover
wheat advanced 112c to 89c and
corn gained a cent.
Near mid-session values were
near the top, wheat being 7s to
114c up, corn "a to 1c up, oats
1a to 24c up and rye "a to
1bc up.
Winnipeg wheat was 3sc higher
near mid-session. Liverpool was
closed today.
The weather map showed light
showers in the Northwest. Other
wise the belt was clear and dry
with temperatures at some points
above 100.
Corn continued in good de-
mand. Chinch bugs and high
temperatures are believed to have
damaged the crop in many Sec.
tions Of the belt.
Estimates carlots: Wheat %,
corn 10 and oats 80.
The Washington times., 1934-05-19
Go 7 TON RALLY
MARKS CLOSE

NEW YORK, May 10 G.N.S0.
Strength in grains brought last
minute rally in the cotton market
today, with weekend short cover
ing, and demand by the trade and
Japanese interests, bringing about
a retrenchment of earlier losses
and resulting in net gains Of from
2 to 3 points.
Selling by New Orleans, the
South, and commission houses
was successfully absorbed at the
finish.
May closed with a gain of 3
points at 11.49, october was up 3
at 1855, December up 3 at 11.79,
January up 2 at liza, and March
up 2 at 1913.
Weekly statistics of the New
York Cotton Exchange showed less
American cotton forwarded to
mills of the world this week than
last, with total forwardings for
the season to date now at 11,642,-
600 bales against 11,222,000 in the
corresponding period Of last sea-
son. The movement into sight this
week amounted to 100000 bales,
compared with 1853, 900 last year.
Exports of American cotton
were 10000 bales against $4,000
in the same 1888 week, bringing
the total for the season to date to
$685. 900 bales against 6,850,000
for the same period of last season.
The Washington times., 1934-05-19
Dealings in OlUn
Stocks Taxable

Corporations dealing in their
own stock will hereafter have to
report gain or loss on such trans
actions for income tax purposes
under an important amendment
just made to the tax regulations,
J. S. seidman, tax expert, de-
clares.
In the past the regulations pro-
vided that a corporation realizes
no gain and sustains no loss on
transactions involving its own
stock.
This has been changed, Seid-
man reported, so that it applies to
all transactions in the corpora
tion's own stock. The mere isSu-
ance of stock for capital purposes,
he remarked, continues to be norl-
taxable transaction,
The Washington times., 1934-05-19
STOCK MARKET.
HELD TIRED
BY WALL STREET SPECTATOR


NEW YORK, May 10 G.N.S0.
The market acted as if it felt
pretty tired yesterday after Thurs
days run-up.
From the performance of GER
tain issues, it is quite obvious that
there is still plentiful supply Of
support stock taken on last week
to be disposed of a little ways up
from here.
It would be unfair, however, to
reason that the recovery phase
had been concluded. Yesterdays
moderate reaction was probably
the best thing that could have
happened to the list. Another
rally on top Of Thursdays mark
up would have forced the market
into premature expenditure of its
technical strength.
Opinion on the market is
sharply divided in the Street. In
some circles a test of last Mon
days lows is being looked for
some time next week. The advis-
ory services are also quite contrary
in their opinions. One is advising
the purchase of rail shares, point
ing out that even if the declining
phase is not over, it has not much
further to go. The other, how
ever, is apprehensive over the
summer outlook for business.
Another revision in rayon prices
is in the making.
Industrial rayon, according to
trade circles, will rescind it's recent
10 per cent price cut and bring
quotations in line with those pre-
vailing in the rest of the industry.
w. T. Grant & Company net
for the first six months will ex-
ceed IS cents a share against SIS
cents in the like 1888 period.
Railroad loadings will have to
show more than a seasonal gain
over the next few weeks if the
margin Of increase over 1888 is to
be maintained. Last year loadings
jumped from approximately $780,
900 in April to almost $4,000 cars
in June, a virtual vertical advance
of 10000 cars.
The Washington times., 1934-05-19
To HEAD
INVESTMENT
BANK CODE

Corcoran Thom, president Of
the American Security & Trust
Co., was yesterday appointed ad-
ministrative member Of the code
authority for investment bankers,
to serve at the pleasure Of the
President. The announcement
was made by the office of Gen.
Hugh S. Johnson, administrator.
At the same time announce
ment was made by the program
committee arranging for the an
nual convention Of the District Of
Columbia Bankers Association
during the week of May 27, that
Mr.. Thorn has consented to speak
at the first days session on the
subject, Trust Department Prob
lemS."
AS the head of one of the oldest
trust institutions in the District,
it is anticipated that MIR. Thom'S
wide personal knowledge and long
experience will make his address
Of incalculable value.
There are five trust companies
in Washington and eight of the
national banks operate trust de-
partmentS also.
The Washington times., 1934-05-19
Ys:5s s.:ssc y;.::.:' ;s::: N. Y. Curb Quotations

NEW YORK, May 10 QN.S0
Curb stocks fluctuated aimlessly
in record-breaking dull trading
today, with the run Of leaders
disposed to rule a shade easier
at the close.
Electric Bond and Share slipped
off u to 141a in the utility
group, with virtually unchanged
levels evidenced in Consolidated
Gas of Baltimore, Niagara Hud-
son Power and United Light and
Power A.
Great Atlantic and Pacific
Stores was outstanding in a gen.
orally lower speciality group, ad-
vancing 2 points to 1873.
Alcohols were lower, with
Hiram Walker depressed almost
a point to "a. Nominal losses
were sustained in Distillers, Ltd.
and Distillers Seagrams.
Oils were spotty. South Penn
rose " to 221a, contrasted with
a decline Of u point in Humble
to 423s and virtually unchanged
levels in other petroleum leaders.
Atlas Corporation eased nomi-
nally to 1914 among the invest
ment trust.
The Cities Service issues were
mixed.
The bond division was some
what lower in line with stocks.
American Power and Light IS fell
off "a at 601a.
The Washington times., 1934-05-19
CRUDE STORAGE.
D|PS|N WEEK

Domestic and foreign crude oil
stocks for the week ended May II
totaled 41,719,000 barrels, the
oil administration reported. This
was a decline of $4,000 barrels
from the total on hand at the
end of the preceding week.
This decrease, which follows a
gain of 1,449,000 barrels for the
previous week, comprised declines
of $4,000 barrels in domestic
crude stocks and $4,000 in foreign
crude stocks.
Reports indicated that both
crude oil production and runs to
stills gained materially during the
week of May IL, but that imports
were lower. The approximate
daily average balance of crude oil
during the week was as follows
Gin barrels: production 1855 900,
imports $1,000, decrease in stocks
$4,000, equals runs to stills 1885,
900. exports, fuel, losses, etc.,
228,O00.
The Washington times., 1934-05-19
OIL ALLOWABLE.
RISE SEEN
High Low IClose

New and probably increased al
loWables for the various oil fields
Of Texas will be considered at a
public hearing called by the Rail
road Commission for May %. Al
though the total allotment for
Texas during June, as recon-
mended by the Federal Admins
tration, is 9SO,70O barrels daily,
the total legal amount is 1,O34,O0O
barrels daily. The estimated "hot"
oil run is 10000 to $4,000 barrels
daily.
Should the Federal oil control
bill be enacted before June i, the
commissions proration order, even
for readjustments as between
fields, would be imperative, it
was stated.
In another appeal to the busi-
ness men of Texas to urge defeat
of the pending Federal oil control
bill, Ernest o. Thompson, men,
ber of the Railroad Commission,
said:
LET us not allow all control
of our business to be centered
in administrators in Washing
ton, far removed from the fields
of their administration and the
subject administered upon. 1
am afraid the administrators
soon would come to think they
were the source of the power,
instead of remembering always
that the neople are the nOHer."
The Washington times., 1934-05-19
REQ Shipments
Rise in Nav

REQ Motor Car Company's to-
tai shipments of passenger cars
and speed wagons during the
first Is days Of May are 50 per
cent ahead of those for the first
half of April, and REQ paSsen.
ger car shipments during the pc
riOd have amounted to 315 times
the passenger car output during
o like period last month, accord.
ing to Elijah G. Poison, gneraI
sales manager Of the company.
Total shipments Of REQ pas
senger cars and trucks during
the first half of May this year
have been 8 1-3 times as great
rs those during the first half Of
May last year, and total 1894
volume through May Is is 2.45
times that Of the like period last
year, Mr.. Poison says.
The Washington times., 1934-05-19
FRENCH SHIPS
GET SUBSIDY

Under a bill which was laid
before Parliament Is months ago
but was pushed through the
Chamber of Deputies on Thurs
day by the government after a
brief debate. French merchant
ships which are not subsidized
now will receive a subsidy of
150,000,0OO francs annually to
enable them to meet foreign COM
petition. The bill is aimed to aid
especially the African and South
American routes.
This sum is to be raised by
a 3 per cent customs surtax and
an 80 per cent increase in the
statistical duty. The latter duty
is imposed on all Shipping en-
tering French ports.
It was declared during the de-
bate that q per cent of free
French shipping is now laid up
and more than $4,000 sailors are
unemployed. The bill excludes
from the subsidy those ships
which are built abroad in the
future and compels the shipown-
ers who are receiving a subsidy
in excess of 100000 francs an
nually to devote 20 per cent Of
the subsidy to construction or
rebuilding in French yards.
The bill was passed almost
unanimously and has a good
prospect for early approval by
the Senate.
The Washington times., 1934-05-19
Business Neus
Spotlight

Wholesale commodity prices
increased u of l per cent for
the week ended May IL, the
Bureau of Labor statistics re-
ports. u. S. Dairy Products
Corporation reports for 1888 net
loss of $6O2,759 against q profit
Of $1OO,220 in the preceding
year. Production, shipments
and new business booked at lum.
ber mills declined for the week
ended May ~. Retail sales OF
Plymouth cars during the week
ended May IL tOtaled 1875, an
increase Of 8 per cent over the
previous week and ALL per cent
over the corresponding week Of
last year.