davidaulloa/AmericanStories huggingface dataset:
Evening star., 1934-10-21
DOLLAR REGARDED
AS RECOVERY KEY
Col. Leonard P. Ayres Finds Euro.
pean Bankers and Business Men
Discussing New Deal.
By the Associated Press.

BY the Associated Press.
CLEVELAND, October 20.-Col
Leonard P. Ayres, in an article copy
righted today by the Cleveland News,
said he recently found European
bankers and business men watching
the United States dollar as the most
important factor in world recovery.
Col. Ayres, economist and statisti-
clan, who spent month abroad, said
European experts believe recovery there
has gone almost as far as it can go
without general increase In interna-
tional trade.
THE result" Col. Ayres said, sis
that in Europe almost all discussions of
business and the outlook for recovery
turns sooner or later to the United
States and the New Deal
Col. Ayres said European bankers
and business men believe that if the
United States budget could be bal
anced, world confidence in this Ma
tion's money would return and sta
bilization Of exchange values would
follow with revival of international
trade.
Evening star., 1934-10-21
Drop Anticipated
I'm Steel Earnings
For Third Quarter
BY the Associated Press.

BY tne Associated PreSS.
NEW YORK, October 20. =
Third quarter earnings reports
of the steel companies will be
forthcoming next week.
The Bethlehem report is due
after the quarterly meeting of
directors scheduled next Thurs
day. The United States Steel
meeting is set for the following
Tuesday.
Other steel reports usually
come along about the same time.
Wall Street has no illusions
about what they will show.
Third quarter steel prices were
a little higher than in the Sec
ond quarter, but the volume of
business done was a great deal
smaller.
The general assumption is that
the leading units in the industry
had to use some red ink again,
after emerging into the black
in the Spring quarter.
Evening star., 1934-10-21
D. {. BANKS MAP
PUBLICITY TOSPUR
CALLSFOR LOANS
Advertisements to Inform
Readers of Willingness
to Provide Funds.

Washington banks are anxious to
loan great deal more money to in
dividuals and corporations in order
to help speed up recovery and bring
an era of matchless prosperity to the
Capital.
Member banks of the District of
Columbia Bankers Association will
begin series of joint newspaper ad-
vertisementS on or about November
for the purpose of informing the
public of the willingness of these
financial institutions to loan money
to individuals and business, on the
basis of proper banking practices, ac-
cording to announcement yesterday
by Frederick P. H. Siddons, president
of the association.
The association has just completed
running a series of newspaper adver-
tisements inviting applications for
Federal housing loans. The new series,
like the one just completed, will call
attention to both the public and busi-
ness houses to the fact that ample
money is available.
In connection with bank loans and
those made by building and loan asso-
Citations, it was reported in the finan-
cial district yesterday that 625 loans
with a valuation of S330,000, have
been made in Washington since the
Housing Administrations moderniza-
ton drive started. This is considered
a very fine showing.
The latest announcement by the
Bankers Association does not limit
loans to housing improvements. Money
is available for many other purposes,
the safety of the loan being the only
requisite
The impression has prevailed m
some quarters that the banks are
holding back on loans This is a mis-
taken idea, as loaning money is every
banks business. Yesterdays an
nouncement is certain to set people
to thinking and is likely to result in
greatly increased demand for money
in Washington.
Evening star., 1934-10-21
Life Insurance Sales Far ahead
Of Year Ago Here in September

6 per cent and Virginia z per cent.
OF the States in this area South
Carolina had the hardest month, new
business being 19 per cent lower than
in the like period year ago
Washington insurance men wrote
$685., 900 in new business during the
month. Maryland's total was $780,
900, Virginia wrote 81, ,890. 900, West
Virginia, $3,779,000; North Carolina,
sS,5S7,C00, and South Carolina,
$2,232, 900.
For the first nine months of 1884
lifes insurance business in Washington
was 10 per cent above the same
month in 1888. Maryland was up IL,
Virginia II and West Virginia 81.
The average for the whole country In
the same nine months revealed a gain
Of II per cent.
Evening star., 1934-10-21
GENERAL REFRACTORIES
NETS $1.58 PER SHARE

BY the Associated Press.
EET TSRK, october 20.-General
kesA EIories Co. reports for the nine
nnuths ended September 80 net profit
q s5o2,o41, equal to $158 a share of
somnon stock, against $40,400, or 16
cents q share, in the first nine months
cf 1888. September quarter profits
we're equal to 80 cents share, against
IS cents in the September quarter
last year.
Evening star., 1934-10-21
HOFFMAN MACHINERY
PROFITS REPLACE LOSS

BY the Associated Press.
NEW YORK, October 20.-U. S.
Hoffman Machinery Corp. and sub
salaries report net profit of 79,452,
or SO cents a share, for the nine
months ended September 80, against
net loss of $12e, ,399 for the same
period last year.
Evening star., 1934-10-21
HARDWARE SALES GAIN.

NEW YORK, october 20 P).-
Hardware jobbers. favored by weather
conditions, were said to be recording
substantial sales gains. Both unit
and dollar volume were understood
to be running well ahead of the same
1893 period
Evening star., 1934-10-21
$2,769,614 NET EARNED
BY HOUSEHOLD FINANCE
BY the Associated Press.

BY Cne ASS0CIaLeu Press,
NEW YORK. October 20.-House-
hold Finance Corp. and subsidiaries
report for the nine months ended Sep
tember 80 net profit of S2,769,6l4
after charges, compared with s2,734,-
366 in the same period last year.
For the third quarter profit totaled
S937 ,532, compared with S793,S56 in
the preceding quarter and s943, ,651 in
the September quarter a year ago.
Evening star., 1934-10-21
UTILITY SECURITIES ACTIVE.

NEW YORK, october 20 (P1.-The
public utility group of securities listed
on the New York Stock Exchange was
more active than any other group
during September, making up 10 per
cent of the total volume. compared
with IA per cent during August, ac-
cording to a survey made by Red
mond & Co., mebers Of the exchange.
Evening star., 1934-10-21
FOUR CITIES TO OFFER
NEW BONDS IN WEEK
By the Associated Press.

BY the Associated Press.
NEW YORK, October 2O.-Bond
offerings by four large cities account
for about half of the $12.O94,517 total
of all new State and municipal financ-
ing scheduled for the coming week,
says the Daily Bond Buyer. The re-
vised total for the past week was
$8,779,004. The largest offerings will
be made by the city and county of
San Francisco, Passaic, N. j.: Roches-
ter, N. Y, and Buffalo, N. Y.
Evening star., 1934-10-21

are rather value.
less, he sees no
reason why pres
ent mercantile
i'm prov e m e n t
should not con-
tinue indefinitely,
although the rate
of progress will
be spotty.
MIR. Gibbs is
celebrating his
twenty-ninth an
niversary as pres
ident of Peoples
Drug Stores, Inc.
He has seen the
DEVELOPMENT of
Evening star., 1934-10-21
STATE FINANCES IMPROVE.

RALEIGH, N. c., october 20 tP1.-
The State of North Carolina had
net cash balance in its treasury on
Sebtember 80 of $12,9s5, ,654.67, and
with its general fund showing a credit
Of s2,273,536.o9, was In the best finan-
cial condition 1t had been In months.
Evening star., 1934-10-21
MARKETS DISPLAY
MORE STABILITY;
BONDS MOVE UP
Signs of New Financing Re-
vivaI Appear, With Bet.
ter Outlook.
BY CLAUDE A. JAEGER,

NEW YORK, october 20.-Stability
was the keynote in financial markets
this week.
Speculative markets grew sluggish
as infationary fevers definitely sub
sided. but investment markets i'm
proved. Corporate bonds crept slowly
but almost steadily higher, and there
were some faint signs of revival OF
new financing.
The parade Of bankers and indus
trialists to the White House, the state
ment of President Roosevelt at Roam
oke that spending must be done with
due regard for the credit OF the
Government, additional reports Of a
large volume of retail trade over much
of the country, and somewhat better
than anticipated corporate earnings
statements for the third quarter were
among many factors combining to lift
the recently dropping spirits of Wall
Street.
Stocks Nearly Stationary.
Securities markets showed no in
clination to run away, however. The
Standard Statistics Co. price average
of 80 representative common stocks
held almost stationary during the
week, finishing at 7l.8, of 0.4 from
last Saturday. The average OF 6O
corporate bonds, which normally
moves much more narrowly than the
stock average, made a fair gain, end
ing the week at 844, up 0.4. United
States Government issues advanced
early in the week, reacted a httle,'
then stiffened on Saturday, in re-
sponse to the Presidents remarks at
Roanoke
Commodities, with imitation fevers
definitely cooled, backed up a little,
in the main. Bar silver strengthened
further after news Monday Of imposi-
ton of a Chinese export tax, getting
up to 555s cents an ounce. Then 1t
slid back to 531s, about where it was
a week ago. Tobacco prices advanced
further. But wheat slipped back un-
der 81 a bushel, showing losses for
the week of about cents. Cotton was
fairly steady, showing declines of only
Is to IS cents bale from week ago.
Pound Gains Sharply.
The pound sterling, whose recent
sag is believed to have been a depress-
ing influence on sensitive commodity
prices, recovered sharply this week,
getting up to $4.98, or about cents
above a week ago.
Evening star., 1934-10-21
VIRGINIA IRON REPORTS
NET LOSS OF S46,284

BY the Associated Press.
NEW YORK, october 20.-For the
nine months ended September 80 Vir-
ginia Iron, Coal & Coke Co. had net
loss of s46,284, against net loss of
SOL $40 in the like 1888 period.
Evening star., 1934-10-21
I EW life insurance written in
Washington during September
was "a per cent ahead of the
business done in September

a year ago, according to the
monthly report received yesterday
from the Life Insurance Sales Re-
search Bureau in Hartford, Conn. The
total was IS per cent above the ma
tional average which was of l per
cent from September, 1888.
The District of Columbia stood
third in the list which includes the 48
States. Only Delaware and Florida
had better gains. Delaware was up
40 per cent and Florida 80 per cent.
West Virginia was up per cent
over last year and Maryland 6 per
cent, while North Carolina was down
Evening star., 1934-10-21

n ALCOLM G. GIBBS, one of
M Washington's keenest buSi-
INI ness men, declares that busi-
i ness conditions are growing
better and better in the sec
tions of the country which he has
visited recently. While he says he is
not a prophet and thinks predictions
Evening star., 1934-10-21

the chain store idea almost from its
inception in this country. During
that period. of practically three
Evening star., 1934-10-21
Long Drop in Production In
dex Appears to Have
Been Checked.
ROOSEVELT'S ADDRESS
TO BANKERS AWAITED
Expected to Be Most Important
Since Budget Message Of
Last January.
BY CHARLES F. SPEARE.

special DlSpdLCn 10 Inc otdI
NEW YORK, October 20.-From the
standpoint of the kind of sentiment
that influences business policies, the
record this week, in the East particu-
larly, is more satisfying.
The ears of those who forecast ten
denotes from the current mood in
Washington have heard pleasing
things from the National Capital
which they expect to be formulated
soon into plans leading to a more
active recovery.
The recurring threat of imitation has
once more passed. Government credit,
expressed in terms Of Treasury loans,
has strengthened. High-grade corpo-
ration bonds have had a rebound.
carrying with them many of the junior
issues. Stocks that would profit mos.
from dollar devaluation have been less
conspicuous, with more disposition
shown to make commitments in the
regular run Of shares that move up or
down as earnings or promise Of better
results in the future sway the Wall
Street mind
Concrete proof of improvement in
business is lacking. The statistics Of
trade vary little from those of recent
weeks. What appears to have hap
pened is a check in the long decline
which had carried the production in
dex back to about the level of last
November. The ending of the textile
strike lifted the clouds that had been
hanging heavily over industry and
gave more encouragement to those en-
gagged in manufacture and in retail
trade. 1t is, however, the evidence in
Washington of a more conciliatory
spirit toward business and banking
that has revived confidence, stimulated
hope and found expression in the sem
sitive barometer of the security mar
ketS
Evening star., 1934-10-21
Pound Gains Sharply.

The pound sterling, whose recent
sag is believed to have been a depress-
ing influence on sensitive commodity
prices, recovered sharply this week,
getting up to $4.98, or about cents
above a week ago.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-31

When bears come out Of winter hi
bernation, thick sole peels from
each Of their feet. and q new, soft,
rubbery layer is exposed.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-31
|SETS new RECORD
OF 1O4 MILES PER
HOUROVER COURSE
Dayton, Ohio, Driver lust q
Seconds Behind Winner
in Close Finish
1876, 900 PEOPLE ATTEND
Drivers Escape Serious Injury
in Three Smashups: Race
to Be Protested

Indianapolis. May 31.-(R-On the
sun-scorched bricks of the Indian
apolis Motor speedway. Wild Bill
Cummings has achieved the victory
he decided on 20 years ago.
AS $4,000 spectators looked on, the
28-year old driver flashed past the
finish line Wednesday to win the an
nual 500-mile race at the record
breaking average of l04.863 miles an
hour, and collect about $4,000 in
prizes and awards.
Cummings won by just q seconds
from Mauri Rose of Dayton, O., who
chased him for the last 50 miles to
the closest, most sensational ending
in the % years history of the track.
Cummings time was l:46:05.2O. The
Indianapolis youngster and Rose both
smashed the former speed mark of
1o4.162 miles an hour set by Louis
Meyer OF South Gate, Col, in 1888.
Stewards of the race will consider
an official protest made by Leon
Duray of Los Angeles. owner of the
car driven by Rose. Dulay contended
Cummings violated rules and gained
ebout three-fourths Of lap during
the period when the drivers were
slowed down for removal Of wreckage
from the course
The smashups, three in number,
were all of minor character. The
most serious injury was q broken
wrist sustained by George Bailey of
Detroit when his car bounced over q
wall at the north end of the track.
The other cars wrecked were those of
Chef Miller of Detroit and George
(Doc) Mckenzie Of Ellington, Pa.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-31
CrOOkstOn Blanks
Grand Forks. 10

st. Paul, May 3l.-(P)-The Crooks
ton Pirates blanked Greater Grand
Forks by 10 scores in Wednesday s
twin bill and the Colts were ousted
out Of second place in favor of the
Eau Claire Bears.
Eau Claire took both games from
the Brainerd-Little Falls team, 1919
and 81, while the leading Superior
Blues divided the holiday double
header with Duluth, winning the first
game lis and losing the second, So.
A dust storm prevented Fargo
Moorhead and Winnipeg from COM
pleting its program. the first game be-
ing won by the Twins, 11-8. The
game was called at the end Of the
sixth inning and the second game was
called off.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-31
Helen Jacobs in Final
Round in Foreign Meet

Paris. May 3l.-(P)-Helen Jacobs,
United States titleholder Thursday
advanced to the final round Of the
French hard court tennis champion
ships with an easy 60, 60 victory
over her former nemesis of the
courts, Nine. Rene Matthew, Frances
ranking player.
She will play Margaret peggy
Scriven. Of England. the defending
titleholder. for the championship.
It was the first time in several ef-
forts that Miss Jacobs had won final
brackets in the French champion.
ships, only one of the major tennis
fixtures competed on clay. Last year
she was eliminated in the SEMI final
round by Nine. Matthew.
If she wins in the final it will be
the fifth time an American has taken
the French title. Mrs. Helen Wills
Moody was the champion in 1928
1929, 1880 and 1882.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-31
Tiden Walks Out
On Pro Tourney
Gets Huffy in Match With cled-
hill; Difficulty lroned
Out Later

Philadelphia. May 31.-(P,-William
T. Tilden. third, almost upset the
quarter final round of play in the
middle states professional tennis
tournament when he walked off the
Germantown Cricket Club courts in
huff Wednesday night, after he and
his west coast singles opponent, Keith
Gledhill, failed to agree on compile
ton of a match halted by darkness.
At the clubhouse 1t was all ironed
out, however, and Thursday Tilden-
as he did not want to do-takes up
where he left off Wednesday, leading
Gledhill, 60, As, So, with three of
the five sets to decide'ths issue.
The winner Of the combat will
meet Henri Cochet in the semifinals
Friday while Ellsworth Vines and
Vincent Richards battle for the right
to appear in the finals.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-31
New Rockford Wins
From Devils Lake

New Rockford, N. D., May 31.-(R-
New Rockford defeated Devils Lake
in a Memorial Day game, 1910. The
Lakers collected Is hits off Davis
while Keabary allowed New Rockford
Is long hits. Featured. the I.akers
connecting for two home runs and a
pair of triples. and New Rockford
one homer and three triples. Kea-
barry struck out two, and Davis, IL.
Automobile owners pay gasoline
taxes Of $500, 100000 q year In the
United States, in addition to $780,
100000 for registration and license
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-31

Minneapolis is exactly midway be-
tween the equator and the North
Pole.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-31
CAPITAL TEAM TIES
Up SCORE IN ninth
TO FORCE PLAYOFF
Locals Get Winning Run But
Jamestown Refuses To
Accept Ruling
1000 FANS SEE CONTEST
Davis Gets Two homers to
Give Rival Club Margin OF
Final Victory

Bismarck's nine outhit their oppo-
nents, Is to IL, but lost an thinning
ball game 8 to I at Jamestown Me-
mortal Day.
The margin Of victory was packed
In the war clubs Of Davis and Per-
kins, jamestown, colored aces. Davis
got two home runs, one In the first
and one In the fourth innings, and
Perkins got q circuit smash in the
eighth.
Massmann. Troupe. Haley and
Morlan led the attack on Radcliffe
and Brown, Jimmie hurlers. Mass
mann drove out four-base hit IN the
ninth inning which followed by two
hits from the bats Of Haley and
Troupe scored the runs which tied up
the ball game and carried 1t over to
extra innings. Troupe got five safe
hits In six times at bat.
Vincent In Mound
Vincent carried the pitching burden
for the Capital City team and carried
It well. Aside from the circuit
smashes Of Perkins and Davis. he al
lowed only nine hits and struck out
eight Jimmie batters. Radcliffe
started In the mound for jamestown
but retired in the eighth In favor Of
Brown.
The game was replete with thrills
for the some 1900 fans who turned
out with the memorable ninth inning
much disputed. Bismarck opened that
frame with Massmann's home run. De-
siderato struck out. Haley got a hit
and stole second. Troupe got a hit
advancing Haley to third but was out
It second when Ringhofer's drive was
AIKEN for q fielder's choice. An error
IN the Jamestown first baseman got
Vincent on second but Ringhofer was
:alled out stealing home. Right here
he argument started.
Ringhofer had apparently not been
ouched by the catcher but the umpire
uled that he was outside the base
Inc, q decision that he reversed after
onsulting the rulebook.
Contested Decision
"Beef," at the request of the umpire,
rent back to third but jamestown re-
used to 60 on with the game under
hose conditions and Manager Neil
fhurchill ordered his team out on
he field and the contest was resumed
18th jamestown at bat.
Bismarck opened the game with one
IN In the first inning, scored three
the third. one in the fifth and two
the ninth. Jamestown scored two
the first, three in the fourth. two in
ie eighth and one in the eleventh
rat ended the ball game.
jamestown, worn out by the long
lntest, lost their nightcap with VAL
Y City. 5 to /.
Friday Bismarck goes to Dickinson
r game and returns to engage the
hite House Of David in a double
,ader at the official park dedication
lnday.
The box secret
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-31
CUMMINGS WINS 5OO-MILE SPEEDW1
Seasons Biggest Turnout o
Fans Watch Major Leagues
Battle Wednesday
tBy The Associated Press)

The seasons biggest turnout Of fan,
made the first Of the holidays which
fall within the baseball season q
pleasant memory to major league
magnates although 1t might rankle q
bit in the minds of the players Of five
clubs which failed to win a game.
About $4,000 fans filled the stands
in eight cities. The largest throng
10000, gathered at the Yankee sta
dium to see New York and Washing
ton divide pair Of brilliantly played
games.
The Yankees lost to Washington,
10, but the Yanks evened the count
by taking the second game, 5-4.
Cleveland also was held to an even
break. dropping the 12-inning opener
to Chicago 81, then winning the Sec
ond, Sd.
Detroit's third place Tigers were
the only American Leaguers to win
two games, beating the st. Louis
Browns, rs and 5-4.
Philadelphia and Boston split. The
AS took So decision in an early
encounter and the Red Sox came back
with I'll triumph.
The Chicago Cubs accounted for
the Pirates downfall by scores of To
and 5-4.
The league leading st. Louis Cardi-
nails took two easy victories from the
last-place Cincinnati Reds, 9-6 and
90.
The New York Giants captured sec
ond place from Pittsburgh by wallop-
ing Brooklyn, So and 8-6.
The Boston Braves also won two
games, beating the Phillies 1914 and
ST..
NATIONAL LEAGUE
Boston Wins Double Bill
First Game RH T.
Philadelphia :. 600 oo3 ool-4 . /
Boston ....... 06l 010 20x-10 is l
A. Moore. Hansen, barrow and
Todd: Brandt, Smith and spohrer..
Second game RHE
Philadelphia -. ool 600 ooo-1 Q o
Boston ......... 001 00l 30x-5 II /
Grabowski. johnson and Wilson:
Cantwell and Spohrer.
Giants Take Two
First Game RHE
New York $500. soi 600 o1o-5 10 /
Brooklyn ...... 600 0lO O1O-2 8 2
Clark and Richards; Mungo and
Berries.
Second game RHE
New York $3.50. 1O2 O31 OOl-8 IL 1
Brooklyn $685.. Dol $50 200-6 10 o
Bowman. Smith. Bell and Mancuso:
Leonard. Lucas, Smythe, Munns and
Sukeforth, Berries.
Cards Drop Reds
First game r H Z
st. Louis ....... 300 100 0o2-9 II 1
Cincinnati ...... 100 O0l 4OO-6 10 3
p. Dean. j. Dean and Delaney: 81
johnson. Brennan. Benton, Kolp and
lombard, O'Farrell.
Second Game RHE
st. Louis ....... 020 1Ol 2l2-9 II O
Cincinnati ...... 600 200 0O0-2 3 l
Carleton and Delaney; Frietas.
Stout and lombard.
Cubs Win Twice 9.
First game Ri E
Pittsburgh $3.50. O20 600 00O-2 2 /
Chicago ........ OH 00l 3Ox-7 IS 1
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-31
GROVE GIANTS HIT HURDSFIELD
MOUNDSMEN FREELY; WIN 20. I
Game Called in Sixth Inning;
Moore Holds Visitors to
Seven Safeties

In ragged Memorial day contest.
the Grove Giants, state penitentiary
team, scored a one sided 20 to 7 vic
tory over the Hurdsfield outfit
Hurdsfield used three pitchers in
an effort to stem the flow of hits
from the Giants bats The game
was called in the sixth inning. Moore
pitched effectively for the peniten-
tiary club, limiting the visitors to
seven hits and striking out seven bat
tiers Z
Sunday, June 3. the Giants will
take on much sitter opposition in
the bidder County Comets. All-star
players from the vicinity of Steele
make W. this team and the contest
will give the Giants the acid test.
The box score: