davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1934-11-03
CHICAGO

CHICAGO, Nov. . U.N.S).-Butter,
1857 tubs; easy; old cars IS, new .;
extras, 2S; standards,27 27Ac! extra
firsts, 27@2Sc; first, 2412 CSC; seconds,
FAC; specials, 2s1s Q29c.
Eggs-1,643 cases; steady; old cars,
none; new, 2; current, 331a a 25c12 !;
fresh extra firsts, less than cars, csc;
cars, csc; fresh firsts less than cars,
&c; cars. &c; dirties, 10000; checks,
15@18hc.
Cheese-Twins, 13@131ac; single daisies,
1871 @14c; longhorns, 14@141ac.
Live Poultry-Turkeys 16c; toms, 10
@15c; hens, 7@14c; ROSTERS, 100 u &C;
ducks, 9@17c; geese, 7@11c.
Potatoes-99 cars; on track, 255;
U. S. shipments. 665; Wisconsin Round
White. 75@85c; commercial, 7212 @ FAC !;
Colorado McCludes, s1S5; poor color,
$1.67Ia.
The Washington times., 1934-11-03
HANEY REPEATS
FAITH IN GOLD
STANDARD
BY LEWIS HANEY
professor of Economics, New York
University

Arrangements have been made
to import into the country up
wards of 100000 in gold from
The Washington times., 1934-11-03

Ca optional stock: cash. tb) Partly Extra
(d) Extra in stock. (sI Paid 1881.
a. Of accumulation (g) No reEulGr rate:
payment (h) Payable stock (mI Special.
(nI Paid this year (wwl With warrants GzwI Without
Dividend rate IN dollars in parontbeseG (NotsI Extra
The Washington times., 1934-11-03

Canada
Montreal funds in New York, R22lSA
premium a $1,000.
The Washington times., 1934-11-03

1914 As Eastern Rollg Mills : 81 : So - sat "
Evening star., 1934-08-28

shares in aff1iated companies-in
much the same way that Standard Oil
was dissolved % years ago-among
holders of the parent shares.
A separate company would have to
be set up, of course, to handle long
distance lines, which new are under
control of the I. C. c., but the point
is that the component companies. as
independents, would become more or
less localized concerns, serving their
respective territories. In their new
capacity there would be little or moth
ing for Washington to shoot at.
That the approximately 6S1 900
stockholders of American Telephone
would have nothing to fear from such
a development, should it pass from
the stage of gossip to that of actuality.
will be readily apparent to any one
who will take the pains to look back
and discover what happened follow
ing the Standard Oil dissolution in
1911.
tCopyright 1o34)
Evening star., 1934-08-28
Brokers' Comments
BY the Associated Press.


NEW YORK, August 2S.-Today's
stock market opinions generally dis
played a cautiously optimistic tone.
Jackson Bros, Boesel & Cove
adhere to the view that. despite the
unfavorable trend Of the heavy in
dustries, the stock market is now in
process of discounting a moderate full
upturn in business.
Hornblower & Weeks.-Unless the
movement last week is going to prove
another false start, then the market
should again be in a position to re-
sumo the advance by midweek, at the
latest.
Frazier Jelke & Co-Obviously
stocks are still in trading area. Re-
sistance areas and sell up to the
highest levels since the third week in
July, is encouraging.
Shields & Co-There still appears
no reason for haste in building up pull
positions against further in1ationary
happenings.
Evening star., 1934-08-28
WHOLESALE PRICES.
ADVANCE IN WEEK.
Fertilizer Index Reaches rs
Per Cent of 1868
Average.

Wholesale commodity prices ad-
vanced to rs per cent of the 1926
1928 level during the latest week
according to the index of the Ma
tional Fertilizer Association. This
index advanced eight points during
the week which ended August 25
moving up from 742 to 75.0. The
index is now at the highest point
recorded since March 81, 1881.
The low point was $50 reached on
March 4, 1898. A month ago the
index stood at 1873 and a year age
at 66.8. During the preceding week
the index advanced two points and
two weeks ago it advanced nine
points.
OF the IA groups in the index five
advanced, two declined, and seven
showed no change during the latest
week. Foods, grains, feeds and live
stock, fats and oils, chemicals and
drugs, and miscellaneous commodities
were higher Textiles and metals de-
clined slightly The largest gains
were shown in grains, feeds and live
stock.
Prices for 90 individual commodi-
ties advanced while the prices for 16
commodities declined during the latest
week A week ago there were 35
advances and % declines. Two weeks
ago there were 48 advances and only
seven declines. Cotton declined very
slightly during the latest week. Wheat
corn and barley prices materially
advanced Cattle and hog prices
showed large gains. Other farm
products that advanced were lard
butter, eggs and lambs. Other COM
modities that advanced were cotton
seed oil, Soya bean oil, beef, pork
-four, cotton cloths, hides and rubber
The declining commodities included
burlap, silk, feedstuffs which pre-
viously have shown large gains; zinc,
tin, turpentine and coffee.
Evening star., 1934-08-28
future CLOUDED
FOR BIG BUSINESS
Large Corporations May
Plan Voluntary Dissolution
Under New Deal.
BY J. G. DONLEY.
al DiSpatch to The Star.

Special Dispatch to The Star.
NEW YORK, August 28.-Wan
Street is speculating particularly upon
what is likely to happen to big busi-
ness should the November elections
result in an emphatic Endorsement of
the new deal. Various pieces of legis-
lation and the pronounced leftward
swing of political and, perhaps. also,
Of public sentiment, are making it
less and less safe and desirable for
business to be big.
Already there is talk of heavy taxes
on surpluseS Moreover, big business
is being hedged about by restrictions
in place of the freedom of action
which it needs if it is to use the
obvious advantages of size-the eff
ciencies inherent in vertical co-ord1-
nation, built up from control OF raw
materials to manufacturing processes
and national distribution.
A. II. & T. Case Cited.
There are some observers who are
going so far as to anticipate that, if
the new deal gets carte blanche to
go ahead in the November elections,
some large corporations may begin to
plan voluntary dissolution. There
have been no official intimations OF
any such thing, of course, and what
talk there is is based on very little
more than a "hunch."
Following this "hunch," some OBJ
servers are looking around to find
likely subjects for dissolution into their
component companies. One of the
first they have dug up is the Ameri-
can Telephone & Telegraph Co. The
company has the threat of a Govern
ment investigation hanging over its
head, and it represents one of the
outstanding aggregations of corporate
riches, the consolidated balance sheet
at the end of 1888 showing total as
sets for the Bell System of $4,907,-
100000.
Under the new deal conditions, and
now that the great work of develop
ment has been done, there is no par
ticularly pressing reason why the
Western Electric Co., which is the
manufacturing and general purchas-
ing unit, and the "a associated tele-
phone companies should be continued
under centralized control.
Would Wipe Out Target.
There obviously are many reasons
favoring voluntary dissolution, which
would involve pro-rata distribution of
Evening star., 1934-08-28
SMALL GAIN RECORDED
BY INSURANCE SHARES
Special Dispatch to The Star.

special DlSpatCn 10 Inc otdI'
NEW YORK, August 28.-Insurance
stocks in the New York City market
registered some improvement during
the past week.
The aggregate value of 20 leading
fire an casualty idnsurance issues, ac-
cording to records compiled by Holt,
Rose g. Troster, amounted to S442,-
3O7 900 on August 25. compared with
S438 902, 900 on August IT, an increase
of S3,404, 900, or 0.8 per cent.
The current average yield of the
20 issues of Alb per cent compares
with a yield of 4.16 per cent a week
ago. The current market value is
equal to lis times the current
liquidating value, against LA on
August IT. .
Evening star., 1934-08-28
DOLLAR is HIGHER
IN LONDON DEALINGS
Closes at sos 9-16 to Pound, or
81 of a Cent Above Yes
terday's Level.

BY the Associated Press.
LONDON, August 28.-The United
States dollar strengthened 5s cent to
the pound today, closing at sos Gle
to the pound, as compared to yester-
days close of sos 3-16.
From the firm opening rate of
5.055s, the dollar quotation appreciated
on a general trade demand and closed
near the best.
Pressure against the British pound
Evening star., 1934-08-28
LARGER GROSS SHOWN
BY CANADIAN RAIL WAYS
,v the Associated Press.

BY the Associated HEeSS.
MONTREAL, August %. - An in
crease of $710,679 in gross operating
revenues for July, 1884, as compared
with July, 1888, is shown in the
monthly statement of the Canadian
National Railways.
For the seven months of the CAL
endar year to July l gross operating
revenues were $93 AGO, ,022, an increase
of $12,732,5 ,555 over the corresponding
period of 1888.
Evening star., 1934-08-28
HOLDERS OFFERED PLAN
FOR DEEP ROCK OIL

BY the Associated Press.
NEW YORK, August 28.-A plan
of reorganization of the Deep Rock
Oil Corp. has been submitted to hold
ers of notes and preferred stock by
a reorganization committee headed
by John j. SINNERS. If the plan is
accepted by creditors holding two
thirds of the amount of claims of
each class affected by the plan, and
by stockholders holding a majority
of the stock of each class, it will be
presented to the court for confrma-
ton.
Evening star., 1934-08-28
Associated O.. & E..
Reveals Decline
In Net for Year
BY the Associated Press.

NEW YORK, August 28.-AsSoci-
ated Gas and Electric System reported
net operating income of s36,574,94l
for IL months ended July 81, a de-
crease of 9 per cent from the same
period a year earlier.
After deductions for depreciation
the operating income was $28, ,233, 123,
which was II per cent below the COM
parable figure of the previous year.
Total gross operating revenues of
S96 ,221 ,995 were 2 per cent above the
comparable period last year.
Evening star., 1934-08-28
UPTURN is EXPECTED
BY MACHINERY TRADE
BY the Associated Press.

BY the Associated Press.
NEW YORK, August 28.-Based on
orders actually closed, says the Amer
ican Machinist, the immediate out
look in machinery manufacture is
none too promising. but other factors
give evidence that the January-August
down trend may soon be reversed.
Foreign sales have already turned
upward,
Evening star., 1934-08-28
COACHES STREAMLINED.

MILwAUKEE. August as tR.-Ths
first Of feet Of so new streamlinec
passenger day coaches being built In
the Milwaukee road shops here were
placed in service on the Chicago-Mi
waukee-Twin Cities run. Ll-N
Evening star., 1934-08-28

mon in the first seven months Of 1888.
The Atchison, Topeka & Santa Fe
Railroad reported net earnings for the
first seven months of the year as ap-
proximately $3,0O0,O00. For the same
period last year the road had a de-
flcit of nearly $2,000,000.
July net railway operating income
of other roads reporting today in
cluded:
1884. 1888
Norfolk & West. :. 81. .256,109 '2,669.919
N. Y N. H. & H. 't6S23S '49,07S
"After taxes and charges.
fDeficit
Evening star., 1934-08-28
RESERVE BOARD ISSUES
CONDITION Statement I
BY the Associated Press.

BY the Associated Press.
The Federal Reserve Boards condition
statement of weekly reporting member
banks in 81 leading cities showed the
following changes in principal assets and
liabilities on August %, in millions of
dollars: Aug. %,
Aug. %, Aug. Is. 1888.
Evening star., 1934-08-28
MORE FAILURES REPORTED.

NEW YORK, August 28 (P).-Dun
& Bradstreet reports 218 business de-
faults during the week ended August
%, compared with 1877 in the preced-
ing week and 326 in the same week a
wear ago.
Evening star., 1934-08-28

slackened. and the rate steadiec
against continental currsncies, tho
French franc closing unchanged al
1880 to the pound.
The price Of gold declined ar pence
to l39 shillings, IL pence Cs3s.l7) I
fine ounce, and an amount valued al
f535,000 ($2,705. .093.7S) vas pur1
chased. est
Evening star., 1934-08-28
CENTRAL REPORTS
LOWER JULY NET
Total of $1,825,455 Com
pares With $4,580,713
in 1888 Month.
BY the Associated Press.

BY the Associated Press.
NEW YORK. August 28.-Net rail-
way operating income of the New
York Central Railroad in July totaled
s1,825,4 ASS, compared with $4,580,713
in the same month last year, a de-
crease of $2,755,258.
In the first seven months net rail-
way operating income amounted to
S18, 1898, 139, compared with ST., 1868, 1875
in the same period year ago.
B. & o. Income Down.
Net railway operating income of the
Baltimore & Ohio Railroad Co. for
July decreased slightly from the level
of June and for the second successive
month dropped below the correspond
ing period of last year. July net
amounted to $2,166,003, as compared
with $2846,181 for June, a decrease of
$680,178, and as compared with oper-
ating net of $4.232 308 recorded for
July, 1888, a decrease of $2,066, ,305, or
488 per cent.
Cumulative figures for the seven
months to the end of July show total
net railway operating income of $13,-
TAI ,861, compared with $15,271 ,273 for
the similar period of 1888, decrease
of 81 ,529, ,412. or 10 per cent. Gross
revenue for seven months amounted to
$81 ,359 ,468, an increase of $11, ,244, 4,214
over the like period of 1888, while
operating expenses totaling $60,472,-
$50 represented an increase of $12,-
913, ,478 over a year ago.
Western Maryland Reports.
Net income of the Western Mary
land Railway for July amounted to
$3O,892 after all expenses, taxes and
charges, equivalent to II cents share
on lit ,420 shares of first preferred
stock. This compares with $155, ,e01,
or 81 cents a share, on the first pre-
ferred reported for July year ago.
For the first seven months of this
year the road earned net income of
$568,828 after charges and taxes, as
compared with $197 1922 for the CORE
spending period of last year, or $500
a share on the first preferred, as
against just slightly more than 81 a
share in the 1888 period.
Norfolk & Western Railway, for the
seven months ended July 81, had net
income of 11,753,057 after taxes and
charges, equivalent after dividends on
the per cent preferred stock, to $7.97
share on the common, against So
815 ,442 or $3.50 share on the COM
Evening star., 1934-08-28

PARIS. August 28 tP.AThree pei
cent rentes, II francs 90 centines
Az per cent rentes, $3.50.
Exchange on London. 1890 Tit
dollar was quoted at 1900. la
Evening star., 1934-08-28

tasf. satii
-'-
l t--r
fr-N
Evening star., 1934-08-28
& A8 3FIg9a

mo, SIR. not by a long shot! ~.
"I used to think so, too. .rsa
"LotS of car Owners still do. Gasoline all looks
alike most good brands are priced alike 80.
e.. but found out that the y. S. Govern
n1ent knows the diference''
safest guide you gasoline.
The Government gallons of easo
line year,
Every follow it's example,
The recognizes that eaolnes under chem
cal and physical analysis and, in buying sets forth
certain official stpulations. .I
Fhe technical specify higher standard for Emergency
Uses than for ordinary driving.
other Words gasoline intended for reeneines, police
cars army ambulances etc. the highest rating
for quality.
Wouldn't like be getting gasoline that
only passes but spasses the exacting Govern
ment requirement?
You buy just scientifically the Government itself
any Texaco service station or Texaco dealers in anyo
the 4s States.
THE TEXAS COMPANY 7esaco Petroleum Products
Evening star., 1934-08-28

There obviously are many reasons
favoring voluntary dissolution, which
would involve pro-rata distribution of
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-12-22
Newspapers OPINION
PASSING BUCK TO BLAcKWooD

We join host of others in this state in con-
demning. the acts of Governor Blackwood involv-
ing berality of pardons and paroles Some of the
listed among those committing the most vicious
acts. And some have been in the pen but a small
portion of their sentenced period 1t looks bad
for the governor and the people cannot under
stand it,
But We ask the people generally to think more
tionS for the release of criminals. Many, many
people sign petitions with the sincere hope that
the convicts will not be released hoping the gov
ernor will use discretion in his pardoning powers.
These people lack the courage of their convictions.
They are towards when faced by requests from
friends.
1t was not many years ago that host of preach
ers signed petition for clemency toward another
preachers son who had committed serious crime.
We still admire the local pastor who refused 20
sign the petition even when undue pressure was
brought to bear upon him. His conscience would
not let expediency dictate to him.
Do not sign petitions freely Do not act in a
cOwardly manner, taking the course of least re-
sistance And let us not be too hard on the COVER
when it is known that he faces the pressure
and pull of friends when dealing with pardon mat
tiers. The governor has difficult task And that
task is made more difficult by wishy-washy cti-
zenship that refuses to assume responsibility
for the protection of life and property.-Rock Hill
IS. c. Herald.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-12-22

er as the --LATEST and sorriest farmer IN ms
territory: and so on down the line with all
citizens. Or things may ultimately De
worked out on a different system, and the
man who would make great success as
y business man or industriaist will re
piven lob sweeping the streets, and the
man who could write a great book Will
be compelled to farm or do carpenter
work, and the. great physician or scientist
will be forced to drive truck,
People who possess talent and capacity,
will not only not be encouraged or allowed
to develop their talent but will positively
be forbidden to rise above the level CT
those possessing the minimum of talent
and ability. We are to see an attempt TO
maintain a civilization on the lowest pos
sible dead level. after everything has been
reformed, reorgarized, rearranged and
planned according to the schemes of the
masters of the country.
No doubt by this time the reader OF
these columns has concluded that The
Times-News has gone crazy, but not so.
AS foolish as the foregoing comment may
seem, it is by no means as silly as the plans
and schemes of the Socialist and Com
munist planners who are now running this
country; and if these gents and ladies are
allowed to have their way, something
worse than foolish schemes will take the
place of our American system of govern
ment and social and economic order. !
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-12-22
MORE TO GO
By WlCKES WAMBOLDT-

We misuse organization terrifcal-
ly, particularly in politics.
1t ought not to be that we hu-
man beings working here togeth-
er with out interests bound up in
common, should be formed into
little bands or big bands, maneu-
vering against little bands or big
bands or individuals.
Legislators, national, state, city,
county, become very much fed up
on the persistent attempts of or
ganized groups to get unusual
privileges for themselves at the
expense of everybody else. Too
often the keynote Of the organ
lied demand or request is special
benefit, unusual advantage. That
sort of thing should not be.
We are frightfully crude. We
do not know the first principle of
team play, or cooperation. We
think in terms of ourselves, or of
those who are members of the
clique to which we belong.
! heard a man say of his state:
1--WE are not a state. We are
bunch of communities, each
more or less antagonistic toward
the others, looking for a chance
to. take advantage of the others"
The man might have gone fur
Their, and said: "Our communities
are made up of persons and
groups of persons, seeking to take
advantage of other persons and
groups of persons" That last
statement is overdrawn. . 1t is not
literally true. But sometimes one
has to eXaggerate a picture in or
der, to bring out and emphasize
certain features in the picture.
We shall learn more about or
ganization as we proceed and pro-
greSs. We shall learn more about
team play and cooperation. We
shall eventually, God willing, get
through our heads the fundamen-
tai truth that we should be one
big organization with the one big
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-12-22

Again and again an organlza-
ton is formed with the SINCERE
purpose of securing for those IN
the organization merely y the IL
rights. But as the organization
gains power, it reaches out for
more than its rights. 1t infringes
on the other fellows rights. 1t
takes from him that which be-
longs to him.
Organization means power. 1t
is easy, very easy to misuse pow
err. The worst wells that men COM
nit are those done through, mis-
use of power. -.
Few persons, few organiza-
tions, are governed by enough
real intelligence to make them
safe for the rest of the world il
they, have power. If you will al
low yourself a bird's-eye view Of
your nation, your state, your
community, you will see group
after group working this way and
that for selfish, unwarranted ben
efts.
We are learning to organize.
We do not know much yet about
the proper use of organization
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-12-22
BFlllND TAE SCENES M
WAS HlNGTONl

nings case, involving a San Fran.
cisco newspaper, worker, where the
Biddle board assumed jurisdiction
against the protests of Richberg
and the NRA legal division, who
insisted the case should be handled
by the newspaper industrial board.
Insiders realized that this was
a test case involving the same
principle as the anticipated petit
ton Of automobile unions seeking
an NLRB call for elections.
THE Wolman board has ordered
L an election on a proportional
representation basis. The A. F.
of l.. insists that elections be
based on the NLRB principle Of
majority rule. The NLRB, having
asserted its unlimited jurisdiction,
may acccde to its petition.
That raises the question wheth.
er Roosevelt will back up Rich
berg and bring pressure on Biddle.
Biddle took the craftsmanship
after an understanding with
Roosevelt that IA was to be en-.
forced and Roosevelt publicly
stipulated when he created NLRB
that persons and agencies in the
executive branch of the govern.
ment shall not disturb the exclu.
sive jurisdiction of the NLRB."
But it is fairly certain that
Richberg didn't disturb" Biddle
in the Jennings case without
Roosevelts approval. Apparently
direct pressure from Richberg isn't
enough. - ,...
NLRB can be and has been de.
fed, however. And it appears that
NRA may refuse to follow it's re.
quests for removal of Blue Eaglen
from certain employers, in which
case Biddle might be found MAX.
ing! nasty public cracks at the
NRA.
The likely dispute over the All.
tomobile case involves the possi-
bility OF serious strike. Trouble
is certain unless Roosevelt bring,
about some further agreement
He is rather good at that sort q,
thing.
Copyright. 1874. NEA Service. Inc.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-12-22
CHRISTMAS DAY

A soft, white, blanket of snow,
A gentle tap, a rough blow.
The first sound Of the Christmas
horn,
Let's us know It's Christmas morn.
We see the gift laden tree
And wonder and ponder What is
for me-"
Santa has come and left his toys,
We laugh and play with the tiny
girls and boys.
But we seem to have forgotten
what Christmas is for
That is the birth of the Christ
Child and His majesty galore !!
Why don't more of us think of
the Tiny" Babe.
Who came on Christmas day to
save r....
The world from sorrow and sin.
No, we are forgetting the spirit of
the day and greediness is
creeping in.
But let's all of us with loving
hearts say,
81 thank thee Dear Lord for send
ing us the Christ Child
On that Christmas Day."
dorothy Truett-age 10.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-12-22
THE VISIT OF THE THREE
WISE MEN

Three wise men journed from
afar, e..
Following light of the twinkling
star.
They brought rich gifts to the
Holy Child.
The one so pure, sweet, and mild.
The wise men arrived in the twi-
light dim,
Frankincense, myrrh and gold
they lay before Him.
They then thanked God for send
ing the kind,
And journeyed homeward prais-
ing.
And Mother Mary, good and
sweet
Chanted to the Babe; He fell
asleep.
Dorothy Truett-age 10.