davidaulloa/AmericanStories huggingface dataset:
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15

I can't remember q single instance
where gambling one way or another
caused the college players to lie down.
Glenn (Pop) Warner, famous foot
ball coach.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15
Editorial Comment

Editorials printed below show the
trend OF thought by other editors.
Ihey are published without regard
to whether they agree or disa Rree
with The Tribune's policies.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15

I'm the ivest. kick nest person you
ever SAW. w. Atterbury, railroad
executive.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15
PERSONALS HEALTH SERVICE
By William Brady. M. ID.

Signed letters pertaining health hygiene 6ase
diagnosis treatment viii Brady STAMPED
envelope enclosed Letters and written
INK NO reply can be made queries conforming Instruction.
Address Dr. William Brady, Il. Of this newspaper
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15
BY RODNEY BUTCHER

Tribune Warrington Correspondent)
Washington, Nov. l5.-Extension Of
the automobile code. with assurances
that it was victory for the industry.
labor, MIRA. and the White House,
shouldn't obscure the fact that the
motor Car business is headed toward
q big strike threat this winter.
The unions are bent on obtaining
some genuine collective bargaining,
which the industry will fight as you
or I would against taking dose Of
poison. and on getting rid Of the pres
ident's automobile labor relations
board.
You'll begin to read about the strike
threat in December, when production
picks up, and the situation probably
will be red-hot by February, when the
code expires again and production
will be about at It's peak.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15

Of materials for cars. Fisher Body,
its sawmillS restricted by code, had
to 60 out and buy hardwood. Steel
prices to the industry were down
barely to the point where it wasn't
profitable for automobile companies
to build their own mills.
It was shown that the industry had
made tremendous increase in prof
its while labor received q moderately
larger return In hourly wages and Z
spread Of employment. While i'd
ministration folks contended no such
profits would have been made with
out the New Deal, automobile men
insisted they would have been larger
without the New Deal and that their
workers were dissatisfied with the
code because they averaged but 50
hours q week.
They intimated they'd be quite
happy II the code were abandoned,
allowing them to build up company
unions, work their most efficient en-
ployes on q 48-hour average-which
meant many more hours than - In
peak season-and contribute tc un-
employment in q big way by releasing
tens Of thousands Of men.
TROUBLE is DODGED
At the last moment, 1t appeared
that Roosevelt-who could have i'm
posed code on the industry-wasnt
going to be the least bit tough about
It and that the code would be mere
" renewed as It stood.
Just q few hours before extension,
Roosevelt called Hillman to the White
House and the two men talked for
an hour. Insiders suspect the inter-
view was urged on Roosevelt by Miss
Perkins.
Anyway, 1t was one more demon
stration that the administration
turns to Hillman. president Of the
Amalgamated Clothing Workers, for
advice on labor problems rather than
to any old line A. +. Of L. leader.
Hllman advised Roosevelt that the
automobile situation called for some
assertion Of administration power and
by implication ct least-that It
didn't quite do to let labor and the
country get the idea that Big Bust
ness was just pushing the president
around.
In the afternoon, Roosevelt. ex-
The Washington times., 1934-05-25
Hog Slaughter
Cut Seen

Hog slaughter in the United
States is likely to decrease ma
terialIy during the remainder Of
1884 rs . result Of the unfavOr.
able relationship between hog
and corn prices and the AAA
adjustment program. according
to the Bureau of Agricultural
Economics.
At the same time, the bureau
reports hog production in Con-
tinental Europe is expected to
increase somewhat this year,
with increases under way in
Germany, CzechOSlOvakia, Aus
tria and other countries, suffi-
ciently large to offset q SUBJ
stantial reduction in Denmark
and other exporting nations.
United States exports Of pork
during the first halt of this
marketing year have been IS
per cent larger than during the
like period last year. Most Of
the increase was exports Of
frozen pork. Lard exports de-
creased IA per cent during the
period, chiefly because Of the
smaller sales to Germany.
The Washington times., 1934-05-25
REVENUES. RISE
FOR PEPCO
IN APRIL

According to its report filed
with the Public Utilities Com
mission, yesterday. operating rev.
enues Of the Potomac Electric
Power Co. in April amounted to
$985,353.15, in comparison with
$500, ,630.63 in the like period Of
1888, or an increase Of $94,722.52.
Revenue deductions for opera
tions required $576,454.56, against
$461,273.85, an increase Of $115,-
290,71, leaving net operating
revenues for the month of $4OS,-
1889, as compared with $429,-
356.78, a decrease of $2O,568.19.
April gross totaled $420, ,399 81
while the usual deductions from
gross called for $86,157.17, against
$75,642.72 in April of last year,
an increase Of $10,514.45. These
deductions. left a total net in
come for the month Of 1884,
242.14 in comparison with $685.
O95.33 in the like period a year
ago, or a decrease Of $30,853.19.
In the first four months of
1884 the Potomac Electric Power
Co. reported operating revenue
amounting to $4,052,52O.49, com.
pared with $3,770,936.29 the
same period in 1888, gain Of
$281,584.20.
Revenue deductions for oper-
ating expenses called for $2,.
321,575.78, against $1,868, ,434.O1
in the same four months last
year or an increase in operating
costs Of $453,141.78.
Net operating revenues totaled
$1,730,944.70 in comparison with
81 ,902,502.26 last year, off $17l,-
557.56, leaving a net income Of
$1,43l, ,436.50 compared with ST.
652,861.96 in the corresponding
period year ago, a decrease of
1921, ,425.36,
The Washington times., 1934-05-25
RATE FOR HOME
LOANS CUT

A resolution permitting the IL
regional Federal Home Loan
Banks to make advances to their
2,484 member institutions at in
terest rates as low as per cent
with a maximum of per cent?
has been passed by the Federal
Home Loan Bank Board. The
previous rate was S per cent.
Actual rates to be charged are
to be set by directors of each re
gional bank. While not all of the
regional banks have made any de-
ciSion on this matter, most OF
them are expected to make long
term loans between 4 per cent
and AZ per cent and short term
loans at between Az per cent and
S per cent. John H. Fahey, board
chairman said:
'By reducing the minimum
bank rate to 4 per cent, it is ex-
pected a marked stimulus will
be: given to lOng-term lending
activity by the Federal Home
Loan Banks"
He explained that member in
stitutions, especially in the East
were not inclined to borrow at s
per cent from regional home loan
banks because they were able to
borrow elsewhere at lower rates
although only on short term
credit.
The Home owners Loan Corpo
ration has refinanced to May 1e
past due mortgages on nearly
$50, 900 homes. A total Of $728,
651,191 in HOLC cash and bonds
has been advanced on 246,335
homes. with loans being con
cluded at the rate of about
$4,000 daily. HOLC has com
pleted 1882 detailed "fee" ap
praisals on applicants homes.
The Washington times., 1934-05-25
Liquor Import
Drop Shown

A sharp April decline IN
United States imports Of wines
and liquor is reported. with
total value ut $2,91S,84S COM
pared with $4,953,597 in March,
S4,765,477 in February and
S,O15,862 in January.
These imports, according TO
the Commerce Department, cover
goods brought into the country
for consumption, plus with
drawals from bonded ware
houses, and do not include ship
ments for entry into bonded
warehouses.
Imports Of whisky, most i'm
portant item in liquor trade,
were valued at $1,43S,449 in
April against $2.673,S41 In
March. Canada was the largest
supplier Of whisky during the
month. The United Kingdom
was second. Italy was the out
standing supplier Of SttN wines.
The Washington times., 1934-05-25
RAPID TRANSIT
NET EARNINGS
IMPROVED

The Washington Rapid Transit
Company's report for April filed
with the Public Utilities Commits.
sion shows an increase in net in
come for the period of $8,882.91,
being an increase Of $6,666.7l
against a deficit Of $2,216.2O in the
same month last year
The company's operating g
revenues for April amounted to
$40,077.05, as compared with $780,
1924 in the m n t h last year,
an advance of $6,609.81. Operat.
ing expenses and taxes for last
month were $31,306.31, as against
$32,762.30 for the month a year
ago, o recession Of $1,455.00.
Operating income for April to-
tailed $8,770.74, in comparison with
$704.94 for the month in 1888, a
gain Of $8,065.80 Gross income
for last month, less operating ex'
penSes and taxes, was $8,839.76. In
the month a year ago it was but
$790.26, revealing an Improvement
Of $8.049.50.
Operating revenues of the com.
pany for the first four months of
the present year aggregate $780,
665.73 and mark an increase of
$16,023.66 over the corresponding
period last year, when they were
$129,642.O7. Operating expenses
and taxes were $123,361.36. or $12,-
611 under those for the compare
tive period a year ago.
Operative income is $16,304.37,
d betterment of $22,534.71 over the
same time in 1888, when this item
presented a deficit Of $6,230.34.
Gross income, less operating ex-
penSeS and taxes, is $16,591.83, an
Improvement of $22,478.35. Last
year there was likewise a deficit
Of $5,8S5.52 in this item. Net in.
come shows a surplus of $7,719.54,
as contrasted with q net loss of
$17,788.42 in the period q year
ago, o gain of $25,507.96.
The Washington times., 1934-05-25
PRODUCTION UP
FOR. ZINC

With prices for zinc concen-
trates holding steady at $28-$29
a ton, production Speeded up
another 1000 tons for the last
seven days, compared with previ-
GUS week, standing at 7,720 tons,
as against 6,976 tons.
Shipments from the Tri7State
field were 7,247 tons, compared
with 6,136 a week earlier. Pur-
cha6eS dropped to 3.700 tons from
4,740, showing further a grow
ing decision by mine owners to
hold concentrates rather than sell
them on declining markets.
This week SIS mills were run
ming and 1000 tons of zinc con-
centrates went into storage bins.
This is the largest hangover of
unSold ore recorded in this field
for several months.
While zinc is not moving out,
lead is going to SmelterS more
rapidly. Last week purchases of
lead concentrates in this district
were the largest Of the year,
standing at 1850 tons, or about
twice the amount of ore mined
last week.
Lead shipments from Tri.State
district for 1884 to date are TO-.
462 tons, while production of lead
for the same period has been H..
26O tons.
Amount of unSold zinc concen.
trateS on hand now stands at
9,848 tons. Zinc concentrates in
bins stands at 1850 tons.
The Washington times., 1934-05-25
RESERVE CUTS
CREDITS AGAIN

The daily average volume OF
federal reserve bank credit out
standing during the week ended
May %, as reported by the fed
eral reserve banks, was $2,475,
900, 900, a decrease of $7,OO0,00O
compared with the preceding
week and an increase of $780,
100000 compared with the cor.
responding week in 1888.
On May % total reserve bank
credit amounted to 50, ,469, ,0O0, 900,
a decrease Of $4,OOO,000 for the
week. This decrease corresponds
with decreases of $28,000,OO0 in
money in circulation, 10000, 200
in Treasury cash and deposits
with Federal Reserve banks and
$4,000, 900 in nonmember deposits
and other Federal Reserve &C.
counts. and an increase of $13,'
100000 in monetary gold stock,
offset in part by an increase OF
$73, 100000 in member bank re
serve balances and a decrease OF
$5.0O0,0O0 in Treasury and ma
tional bank currency.
The systems holdings Of bills
discounted and of United States
bonds were practically unchanged
from last week. Holdings Of bills
bought in open market declined
$1,00O,0O0 and Of United States
Treasury notes $17.OOO,O00, while
holdings of Treasury certificates
and bills increased $17.000.000.
The Washington times., 1934-05-25
s;;,'" ;s; N. Y. Bond Quotations

NEW YORK, May IS GN.S0.
The bond market was dull and
moderately irregular in the early
trading today. The thinness Of
the market made for relatively
wide fluctuations in the fore.
noon dealings today. The tone,
though, was comparatively steady
considering the h heavineSs in
stocks and the unsettling news
from the industrial centers.
Railroad liens of the second
grade and speculative varieties
were inclined to work slightly
lower. The investment group
though, was firm.
Industrial and utility liens were
quiet. United States Govern
mentS were steady around yeSter-
days closing prices.
The Washington times., 1934-05-25
y'S; ;s;, ; N. Y. Curb Quotations ] s =! ;.S: 1

NEW YORK, May as U.N.S0.
Dizziness and hesitancy charac-
terized curb stocks in the trading
today. Fluctuations we're narrow,
and the number of issues traded
in, limited. Prices were irregular.
Great Atlantic and Pacific
dropped 3 points to 1872. Their
specialties were moderately active
with irregular tendencies. Pitts
burgh Plate Glass gained u point
and Glen Alden "a point. Grey
hound was off % and Techni-
color lost " point.
Oils maintained a fairly steady
tone with International Petro-
leum gaining " point and Stand
ard of Indiana and Imperial Of
Canada easing u point.
Metal stocks were extremely in
active, but held steady. Holm
ger gained 1s point. Other issues
were unchanged.
Electric Bond and Share de-
clined u point in the utilities,
while American Superpower $6
preferred registered an advance
Of u point.
Liquor stocks were easier in dull
trading.
The Washington times., 1934-05-25
AUTO FACTORY
!. SALES BETTER

Factory sales Of automobiles
increased during April both in
this country and in Canada, &C.
cording to the Department of
Commerce. April total in this
country was 800, $50 vehicles COM
pared with a revised total Of 1885,
O13 in March and 180,713 in
April last year. OF these totals
passenger cars numbered 292,S11
in April, against 278.149 in March
and 152 ,939 in April last year.
During the first four 1884
months factory sales Of all types
of vehicles amounted to 1908, ,1O3
compared with 535,690 during
the period last year.
Canadian factory sales during
April numbered 1858 compared
with 14,180 in March and 8.255
during April, 1888. Total for the
four months was 4a.01S against
21,543.
The Washington times., 1934-05-25
NARROW RANCE
HOLDS COTTON

NEW YORK, May IS G.N.S).
In extremely quiet trading cotton
futures today drifted within a
narrow range slightly under the
previous close. Dizziness in the
ring reflected the Liverpool holi
day and the quiet tone in stocks.
Traders in the local market
were apathetic throughout the
forenoon, limiting dealings to
the smallest volume in weeks.
Futures opened at only slight
changes and showed no dispo-
Sition to move in either direction
as the session progressed. Trad
ing was made up of scattered
liquidation and Southern selling,
offset by price-fixing orders for
the trade and buying by brokers
acting for japanese interests.
Weather developments continue
the most important single factor
in the cotton market. Details
showed rather general rainfall in
Texas and Oklahoma, including
tn dry districts. Arkansas and
Louisiana had scattered rains,
Mississippi had rains running up
to ITO inches at Meridian, which
point was greatly in need Of
moisture.
Midday quotations were un-
changed to l point lower. with
July unchanged at 11.25, October
unchanged at 11.45, December
unchanged at 11.57, and Janu-
arY off l at 1852.
The Washington times., 1934-05-25
AIRCRAFT firm
To SPLIT Up
BY International News Service


Proposed reorganization Of the
United Aircraft and Transport
Corporation has been announced,
calling for the formation of three
new units to take over present
activities, and the exchange Of
stock for shares in the new
units.
Stockholders at a special meet
ing called for June 20 will vote
on the plan, which contemplates
splitting the company into three
new units in the following pro-
portions.
United Aircraft Corporation as
sets, $15,692, 900, shares 2,087.-
532; United Air Lines Transport
Corporation, assets $10.743,000,
shares 1,043, ,766; Boeine Airplane
Company. assets $4,310,0O0, shares
521,833. For each Of the 2,087,- :
448 shares of stock now out
standing, stockholders would re-
ceive under the plan one share
Of United Aircraft Corporation,
one-half share Of United Air
Lines Transport. and one-fourth
share of Boeing Airplane Com
pany. all of S. par value.
Stocks Of the three new COM
panies will be listed on the New
York Stock Exchange, according
to present plans.
Reorganization Of the company
and the segregation of its activi-
ties results primarily from the
Governments ruling barring air
mail contracts to companies with
affiliations in the equipment
manufacturing field.
The Washington times., 1934-05-25
Petroleum Stocks
Drop in California

Total stocks covering all pc
troleum products held by the
principal marketing companies in
California, except those held at
sales and service stations. at the
end of April were 141,214,584
barrels, a decrease Of 1881. .S46
barrels from the end of March.
California crude oil production
in April, says the American Pc
troleum Institute, averaged 482,
426 barrels daily. against 474,531
daily for March. Wells COM
pleted in April number 90. with
initial daily production of 49.516
barrels, against IS completions
with 30,976 barrels daily initial
output in March.
The Washington times., 1934-05-25
Railroad Listed
On N. Y. EXCHANGE

Philadelphia, Baltimore an d
Washington Railroad Company
general mortgage 412s, series D,
in the amount of $12,929 900, have
been admitted to the list Of the
New York Stock Exchange.
Other bonds issued listed at the
same time were $3.597 900 Cleve-
land and Pittsburgh Railroad
Company general and refunding
series B AIS, 1881; $2.155, 900 Mil
waukee and Northern Railroad eX-
tended first 41aS. 1889, and $5,092,-
900 extended consolidated AVS,
1899: and $1,200,0O0 Northern
Central Railway general and re-
funding 41as. reduced from IS,
1874.
The Washington times., 1934-05-25
Acetate Rayon
Prices Cut

A reduction of 3 cents q
pound to 10 cents q pound in
the price Of acetate rsyOn has
been made by the Celanese
Corporation following the re-
ductiOn of 10 cents q pound an
nOunced by the ViScOSe Cor
pOratiOn, the largest manufac-
turer Of ray0n.
ViScOse rayOn is now selling
at 55 cents q pound for $50
denier in both skeinS and cones,
against IS cents formerly.
Industrial RayOn Corporation
made the first reduction several
weeks ago. A sharp falling off
in business and an accumula-
ton Of inventories made price
reductions by other producers
advisable.
It is expected that Tubize
Chatillon will announce . new
price list shortly.
The Washington times., 1934-05-25
BUMPER WHEAT
SEEN IN WEST

The Northern Pacific Railway
will probably receive a dividend
from the Chicago, Burlington &
Quincy railroad in June, accord
ing to Charles Donnelly, presi-
dent of the Northern Pacific.
which owns about SO per cent
of the Burlington's outstanding
stock.
Mr.. Donnelly said traffic on
his own lines in the first two
weeks of May ran below the
April level. He reported that
April gross revenues were '$464,-
900 ahead of the like month in
1888 and that net operating in
come for the month was up
$628,0O0.
Mr.. Donnelly said that, con-
trary to general opinion, there
would be a bumper crop of
wheat and other grains on the
far western end of the Northern
Pacific's lines along the Pacific
Coast. He said that while there
had been a deficiency of Subsoil
moisture in Minnesota and North
Dakota there had been enough
moisture to germinate the seed
and that showers during the next
10 days would make a good crop
possible.
Net result for the first four
months showed that the road was
So, ,3O5, 900 nearer to covering G
fixed charges than in the first
four months of 1898. Deficit
after charges for first four
months of 1888 was $6,168, GOT.
The Washington times., 1934-05-25
Utility Loss Small
In StOcky0rdS Fire

Loss Of Chicago Rapid Transit
Co. from the stock yards fire IS
estimated at about $150,o00 by
company officials. The track
which was burned is owned by
the Chicago Junction Railway
but under the elevated roads
99-year lease it has to main
tain the track including replace
ment of fire losses.
Loss of Commonwealth Edison
Co. from the stock yards fire
will be neglible. The loss Of Peo-
Piles Gas Light g. Coke Co. in
actual equipment will also be
negligible but maintenance work
in connection with checking for
leaks and other necessary tasks
will require perhaps $25,000 at
the outside.
The Washington times., 1934-05-25
HIGHER
AND QUIET

CHICAGO, May IS. 0N.S0
Grain prices moved higher today
after a quiet opening.
Lack Of substantial rains over
the belt and strength at Winnipeg,
combined with a lack of pressure,
resulted in the improved trend
here.
Near midsession values were at
the top, wheat being 5s to Ac up,
corn 1s to 1ac up. oats 5s to Ac
up and rye u to 24c up.
July wheat sold up to 8912c,
July corn 533sc.
The Washington times., 1934-05-25
j. s.
WHEAT IMPORT

IT think that within the
next year you will see the
United States importing
wheat" Thomas J. Watson,
president Of the International
Business Machines Corp. said
at . meeting Of the British
Empire Chamber Of Commerce.
''What we want to do is to
grow more wheat and sell
more of it. We cannot have
too much wheat when there
are thousands starving i'm
China and elsewhere through
out the world"
The tendency toward stabiliZa
tion Of important currencie:
throughout the world in relation
to each other is helping interna
tional trade, Mr.. Watson said.
Russia will not flood the worlc
with cheap goods as a result o.
its induStrialization program
Mr.. Watson said, because as i
learns to produce. these goods. i
will take centuries for Russia tt
supply this demand.
Mr.. Watson said:
"FOr, many years to come
those companies which supply
machinery to Russia will have
the opportunity to do business
there"
National policies in importan
countries to encourage interna
tional trade, and the raising o.
the standard of living in thu
rest of the world to the level
prevailing in England and th'
United States were urged by MI
Watson.
The Washington times., 1934-05-25
Demand Increases
For Electric Goods

Deferred demand for electric re-
frigerators, washing machines,
vacuum cleaners and similar prod
ucts is being translated into con-
sumer buying as employment and
public purchasing power expand
and as the satisfaction of more
pressing needs leaves funds avail
able for such articles, says the
Standard Statistics Company, Of
New York.
The Washington times., 1934-05-25
Cuba NatiOnaIizes
Gold at $35 Ounce

A gold buying program Tor Cuba
has been adopted by the cabinet
setting the price at approx
mately $35 an ounce.
The decree StipulateS that the
government is to acquire all gold,
charging 1 per cent commission
for expenses. It prohibits the ex'
porting of gold of all forms
whether in bars, coined or as
jewelry.
American and Cuban gold coins
In. circulation at present will not
be considered legal tender in the
future.
The Washington times., 1934-05-25
Illinois CentrGL's
Gross, Net Improve

BY International News Service
Illinois Central systems April
gross totaled $7,297, ,067 and net
operating income was 81 ,161 ,069,
compared with $6,419,738 and ST.
158, ,606, respectively, in April, 1888.
Four months gross was $29, ,121, ).
$50 against $25, 5,446,393 last year,
while net operating income was
$4,642,317 against $2,491,986
The Washington times., 1934-05-25
Passengers Doubled
Bu United Air Lines

United Air Lines, subsidiary of
United Aircraft & Transport
Corp, carried 1927 passengers
in April, compared with 6,345
in the corresponding month last
year., Miles flown in the 1884
month totaled "l,064,217.
The Washington times., 1934-05-25
POWER CORR. REGULAR

Empire Power Corp. has de-
clared the regular quarterly divi-
dend Of $3.50 on $6 cumulative
preferred stock, payable July to
stock Of record June is,