davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1934-07-02
Y YOUNGSTOWN s
RATE DOWN
50 POINTS

Steel plant operations in the
Youngstown area are expected to
drop. to 90 per cent Of capacity
in the coming week. This Is the
sharpeSt decline in ingot produc.
ton on record here. The drop,
while sharper than expected, is
result of abnormally heavy buy
ing for second quarter delivery
with the resulting forcing Of
shipments in May and June, due
to the steel code provisions.
Mills in the district started the
week just closed at SO per cent
of capacity. In the preceding
week the rate started at 81 per
cent.
Many mills in the Youngstown
area will suspend operations en-
tirely, extending the holidays be-
yond July 4, while a few will have
some operations in the last half
Of the week. No more than IS
open-hearth furnaces are likely
to operate.
% EeE CeuG IN 1853
The expected 20 per cent opera.
tionS compare with SO per cent
in the like week Of 1888, Is per
cent two years ago and Al per
cent three years ago.
youngstown Sheet and Tube
Company operations in the dis
trict will drop to 20 per cent of
capacity, a decline of 26 points.
independence Day accounts in
part for the suspension in opera
tons at some of the sheet and
tube mills here, but shipments
have been completed on second
quarter orders and the IMPOSE
ton Of higher prices for steel
products is likely to hold down
buying for several weeks.
Operations were at Al per cent
one year ago, IL per cent two
years ago and 40 per cent three
years ago. The company'S opera
ting peak this year was 1857 per
cent and the peak last summer
was 81 per cent. The Campbell
sheet works will remain idle and
that the only pipe mill activity
will be confined to the two seam
less pipe mills, the Campbell bes-
Semer plant will suspend and a
blast furnace will be taken off.
Carnegie To Suspend
Carnegie Steel Company will
suspend production in it's Youngs.
town District mills, virtually all
steel and iron-making capacity
being down. Carnegie has been
operating at 10 per cent. The
company'S ingot. production was
at IS per cent one year ago, 20
per cent two years ago and IS
per cnt three years ago. Its Ohio
works has been the most active
steel plant in northeastern Ohio
in recent weeks. The Farrell
works, which has been operating
8 of IS open-hearth furnaces also
is scheduled to go down, ending
q production run of many months
duration.
American Sheet & Tin Place Co.
will reduce operations sharply
at its three Shenango Valley
plants for the holiday week, cut.
ting the demand for tin plate bar
from nearby plant of Carnegie
Steel. The American Steel &
Wire Co. is to observe the holiday
by srspending production, at
least in some departments,
The Washington times., 1934-07-02
CAPITAL Goods
J CHANCES SEEN
IMPROVED

The capital goods industrie:
show little or no improvement
the National City Bank states in
its review Of economic conditions
published today.
Nevertheless, the review re
marks, they take satisfaction in
the modification of the Securities
. Act In such manner that the bar
rierS to new financing, upon
which revival in these industries
II not broken down.
The bank reports that business
men are encouraged by the evi'
dence that the new measure put
into effect during the past year
are in fact flexible, as they have
been declared to be, and that
when they do not work it Is prac'
ticable to revise them.
The notifications Of the MIRA
program, the institution points
out, are in the same direction.
RecessiOns Moderate
Reports Of business during the
past month, it records, have given
evidence of the usual summer
slackening, but the recession has
been moderate.
The institution finds a renewal
Of optimism, which it states is
less well grounded, on the strength
Of the probable increase in Gov.
eminent spending.
On this score the review de-
clares that optimism upon the ex-
penditure Of Government funds
may be of needless or unthinking
character, "since economists agree,
including those who favor the pro-
gram, that these expenditures
cannot be no more than a stop
gap" It continues:
"They help the situation while
they last, but unless in the
meantime private business once
more becomes self-suppOrting
their effects will be lost when
they stop.
/ RESTORE FREEDOM
'"The fact that they continue
necessary is evidence that the
adjustment in cost and prices
needed to revive self-suppOrting
industry, increase employment
and stimulate the exchange of
goods, are tagging, and this is
the aspect Of the matter to
which all elements in the eco
1n0mic system should be giving
their attention"
LaudS Changes
Discussing the notifications Of
the NRA, involving the abandon
ment of price-fixing, particularly
in future codes, the bank remarks
that this is an important step
away from detailed regulation Of
business and toward restoring or
preserving the freedom of indi-
viduals to offer their economic
service upon such terms as they
elect.
This freedom. the institution de"
clares, is essential if the indus
tries are to be able to adjust them
selves to changing economic con-
ditions and make prices fit the
markets, move their goods and
give employment.
The Washington times., 1934-07-02
PITTSBURGH

PITTS B URGM July (1.N.s).
Hogs: Receipts 100. Holdovers. nonoe;
aeaxies. :fs5S 51s; h'r medium sHms : $3.50
5.4S; light, $.4O@5.45; light lights, $4.25
@S: packing sows. $S.:S@S:7S. Pigs,
SS;2S9!: o., en- s... 20.
many dry-fed steers here). Top. $40
on few heads. Bulk good. Grass steers
1913 0s.6O; steers (sOO-1,1Oo pounes)
good. $5.75074o: heifers (S5o-sSo
$S@3.75; bulls, good-beef, $3@S.75.
Calves-Receipts 1850. Mostly steady.
Bulk vealers, $3.50; selected, IS; vealers
good and choice. sos.
sheep-Receipts 1900. (Lambs. 400
lower.)
Lambs-Good and choice, $s.25@8.6O.
Yearling withers, good and choice, $4.75
@5.75. Aged wethers, medium good,
@2.25
BIASED on grassers.
The Washington times., 1934-07-02
v'' :::o: ;a;a5'' N. Y. Bond Quotations

NEW YORK, July 2 u.N.S0.
Heaviness in the railroad oblisa.
tions turned the bond market
lower today.
The selling in the rails which
was particularly evident in the
second grade and more specu-
lative category was apparently
due to the Presidents approval
of the pension bill. North west
ern convertibles lost more than a
point as did Allegheny Corp. SIS
at 81. st. Paul IS and Denver
& Rio Grande obligations ruled
fractionally lower.
Prime investments we're un.
affected by the heaviness at the
start but trading was light.
United States Governments
were steady and fractionally
higher in the early trading.
Foreign issues were steady with
the Germans quiet.
The Washington times., 1934-07-02
CHICAGO

CHICAGO, July 2 UNs.).-Butter
1881 tubs; steady; old cars, II; new,
Il. Creamery extras, 2S%c; standards,
24c: extra firsts, 23@2$Ac: firsts, 21h
24A @24%c.
Eggs-14.s77 cases; easy: old cars, .;
new. 10. Current receipts, 12@1Sc;
fresh extra firsts, less than cars, lax c;
cars, 14&c; fresh firsts. less than cars,
checks, 11011Ac. -
Cheese-Twins, 3A@13hc; daisies.
prints and longhorns, 13N @lAc.
The Washington times., 1934-07-02
German Mark
Drops Again

NEW YORK, July 2 (I,N.S).
Apprehension over the German
political situation sent the Ger
man mark tumbling more than
half a cent today to 1910
cents, q decline Of 81 points
from Saturdays close. The sit
uatiOn was further confused by
the fact that the recently de-
creed transfer moratorium went
into effect today. The table:
The Washington times., 1934-07-02
Proposal to Change
Name Starts Fiuht

BY International News Service
Opposition to the proposal to
change the name Of George w,
Helme Company, snuff manufac.
turer, to Colonial Tobacco Com
pany, was voiced by James B.
Eelme, director and grandson of
the founder.
In q letter to stockholders, Mr..
HeIme declared that the change
would sacrifice the good will Of
the present name and would be
detrimental to the company's
business. He urged holders to
forward their proxies to John M.
Stratton, a stakeholder, who is
leading the fight against the pro-
poSal.
The Washington times., 1934-07-02
SIERRA PACIFIC NET

Sierra Pacific Electric Com.
pany and May reports net OPP
Grating income Of $1,801 ,927,
against $8,7S9, 1885.
For the first five 1894 months,
operating net was $6,298, 1872,
against $2,S11,753 in the like
period Of last year. and gross
was $47,2O1,416 against $40.-
203, 1853. g., as. If. =.
The Washington times., 1934-07-02
PITTSBURGH

PITTSBURGH. July G.N.s.)-Poul-
try. Steady. Leghorn broilers, i7@lsc;
colored hens. lac: Leghorn hens, 12c.
BardrocG broilers, 24@25c; Whiterock
broilers, 22@24c; mixed colored broilers,
20Q23c; turkey hens, lac; ROSTERS, SO
9s; stays, 11@12c: ducks, 10@12c;
geese, Sc: young toms, lie.
Butter-Steady. 81 score, csc; 80
score, 24c; So score, 25c; standard,
25Ac.
14hc; fresh extra firsts, Ice; hennery
white extras. 16hc; hennery white ex-
tras, 16hc; Southern Ohio, West Vir-
ginfa, Kentucky current receipts, lac
The Washington times., 1934-07-02

cucumbers, 2s huckleberries, q lima
beans, IS peaches.
South Cardinals cantaloupes, 1?S
cucumbers, 81 lima Beans, Sc squash,
100 green beans.
Georgia--S6 lima beans.
Maryland-16 raspberries.
Pennsylvania-126 mushrooms.
Mixed Vegetables-4S crates.
The Washington times., 1934-07-02
LIVESTOCK MARKETS
CHICAGO

CHICAGO, July GN.s).-Hogs:
10000; 1Oc lower; top, $3.50: bulk. $3.50
@4.SO; heavy. $4.6o@4.SO; medium.
lights, $s.S5@4.4O; packing sows, $3.50
@4.4O: pigs. $2.75@4. Holdovers, 1000.
Cattle-25, 900: steady. Calves, 5000;
steady. Beef steers: Good and choice.
@s.5O; yearlings. $500. Butcher cat
tie: Heifers. $S.50@7; cows. $4,000 4.50:
bulls, $2.7S@4: calves, S.@5.5O; FEEDER
steers. $4@5.75; stocker steers $500
sheep-12, 600: steady. Lambs, $50
s.75: common, 5@7; yearlings, $5.5O@7;
feeders, $5.5OQ6; ewes. $1@2.50.
The Washington times., 1934-07-02
NEW YORK

NEW YORK. July 2 U.N:s).-Butter:
Market barely steady. Sailed and un-
salted creamery higher scoring, 25@27c;
creamery extras, 24% @26c; creamery
firsts, 22k @25hc.
Cheese-Market quiet and easy. State
whole milk flats specials, 1s@1Sc;
average run, 16@16hc.
Eggs-Market steady. Nearby white
specials, 211a q 22hc; mediums, 10000;
nearby brown specials, 19023hc; stand
ards, 1S@18kc; mixed specials. 17A d
21c; standards, tic: firsts, 1S@15Ac;
seconds, 14Xc; medium. 14@14Ac;
Pacific Coast white. fancy packs, ESQ
csc; standards, 23@24hc; mediums.
Fl @22c.
The wholesale price is $40 per 100
pounds No. l fluid milk within the col
210-mile zone.
The Washington times., 1934-07-02
SToCKYARDS PAY

General StockyardS Corp. has
declared a dividend Of IS cents on
the common stock and the regu-
lar quarterly dividend Of $3.50 on
the So preferred stock. both pay
able August to stock Of record
July IA. Three months ago a
similar dividend was declared on
the common stock, ,.,,is 49,
The Washington times., 1934-07-02
NEW YORK wOOT.

NEW YORK. July 2 U.N.S.).-Wool-
Market quiet Domestic fleece, I'M
washed. Ohio and Pennsylvania. goo
32c; domestic pulled, secured basis, 6G
095c: domestic Texas, clean basis, So
S5c; domestic territory, clean basis,
57@S3c.
The Washington times., 1934-07-02
NAVAL STORES

NEW YORK, July 2 (I.N.S.).-Petro-
leum-Market steady. Crude Pennsylva-
mia, &2.1702.55.
Linseed Oil-Per pound, csc. carlots.
Turpentine-Market firm, ACC. .
Rosin-Market firm. Common. $3.50.
The Washington times., 1934-07-02
CLEVELAND

CLEVELAND, Ohio. July 2 tI.N.s).
mostly steady; top or good weight hogs
IS.
Cattle-Receipts 700; good cattle
steady with fair action: common grade
Calves-Receipts 700; steady with
very good action; top. S.; bulk. $3.50
and below.
sheep-Receipts 1900: sheep steady:
lambs slow and lower; good spring
lambs mostly $3.50.
The Washington times., 1934-07-02

High Low lis
1 1RssFststs f Ho.:fy:: ~ g e" g"
Kingsbury Brewer. ~ -, =,
H $:S:: e: Fl M! * *
Maryland Casualty "a "a rs
The Washington times., 1934-07-02
v $1,000 ' ;s:: N. Y. Curb Quotations y:

Volume This Year
3e,33S, sos Shares
The Washington times., 1934-07-02

West Va Coal & Coo.
Wright Harg Mines.
The midland journal. (Rising Sun, Md.) 1885-1947, 1934-08-24

The Government has spent ST.
S2O,66O on NRA to date and indus
tries and businesses have been asked
for an additional $35, 100000 to pay
the operating expenses of their var
ious codes.
Officials say NRA had given full
or conditional approval to the ex-
penditure of $9,500,OO0 for codes
and was busy checking the requests
of code authorities for the collection
of the remainder of the $4,000, 600
from code members.
Balanced against costs on the
books of the NRA are its estimates
that the codes have added $1,000
100000 to the nations buying pow
er and given jobs to 100000 per-
sons and that other benefits have
accrued also.
The midland journal. (Rising Sun, Md.) 1885-1947, 1934-08-24
FARM LEADERS URGE STATE IN
COME AND INHERIT
ANCE TAXES
Would Help Relieve Burden On Real

Would Help Relieve Burden On Real
Estate, Joint Committee Finds
An upward revision of the inherit
ance tax in Maryland, plus a State
income tax, is urged by the joint tax
committee of the Maryland State
Grange and the Maryland Farm Blu
reau Federation as a means OF re-
ducing what the committee describes
as 1.-The present serious burden on
real estate The committee is ad-
vocating fat twenty per cent mark
down on real estate assessments in
Maryland and is conducting studies
to determine and recommend other
forms of taxation to Offset the pro-
posed decrease in revenue from real
property taxes. Real estates values,
both urban and rural, have depre-
ciated at least twenty-four per cent
since 1928, the committee finds.
Assessments, on the Their hand, have
remained virtually the same since
that year, when the last general as
sessment was made.
Detailed studies are being con-
Quoted by the committee to deter
mine the amount of revenue the
State might expect from an income
tax and an increase in the rate of
inheritance taxes. The figures will
be available in the near future, &C
cording to D. G. Harry, Chairman of
the joint tax committee.
Meanwhile the committee has for
warded to Governor Richie copy
of a resolution adopted concerning
the administration Of relief in Mary
land. This resolution urges an in
come tax, or some form of taxation
other than general property tax, as
a means of providing relief funds.
1t also advocates that farm organi-
cations representing rural property
holders be consulted as to the ad-
mlnlSLFdLlOH OIL F0IiSl duu dISO as W
the wage scale for persons on relief
work. 1t is pointed out that in
many cases the wages paid relief
workers are higher than the prevail
ing local wage scales, which places
farmers at a disadvantage. Nom
partisan local advisory committees
are suggested for each election dis
trict to pass on all applications for
relief.
Candidates QUESTIONABLE
The committee has also announced
that it will send a QUESTIONABLE to
all candidates for State offices and
members of the Legislature asking
their attitude toward the tax recon-
mendations of the farmers organi-
cations. This QUESTIONABLE will be
mailed before the primary election,
it is expected. Results will be tab
ulated and made available to all
members of farm organizations, as
well as to the general public.
The midland journal. (Rising Sun, Md.) 1885-1947, 1934-08-24
EVANGELIST TO PREACH

Rev. John Moses Baker, Balti-
more's we'll known evangelist and
author. will preach, Sunday morning,
August 26, eleven O'Clock, at South
Baltimore Station Methodist Episco-
pal Church, William Street, near
Montgomery, Baltimore City. Rev.
and Mrs. Baker will be more than
glad to have any of their friends who
happen to be in Baltimore city at
tend this service.
Rev. and Mrs. Baker are we'll
known to many of our readers, they
having conducted Revival Services
in our county and nearby in Metho-
dist Episcopal Churches, featuring
Gospel Songs written by Evangelist
Baker.
The Evangelist has. and always
will have a distinctive place in the
Church. Christian men have been
especially called and equipped for
the great work of Evangelism, men
who have the Gospel of Jesus Christ
whose one aim is to win souls for
God and help strengthen the faith of
the christian.
During the past years Evangelist
and Mrs. John Moses Baker have
conducted Revival. Services in many
of the churches in Baltimore city.
Washington. D. Co. and other places,
going back to some of them year af-
ter year to conduct Revivals with
the blessing of God.
The midland journal. (Rising Sun, Md.) 1885-1947, 1934-08-24
THE rAKE-A-CHANCE CLUB

You won't find the address of the
sTake-A-Chance Club" in any tele-
phone book or city directory. 1t
has never been incorporated, and it
has no clubhouse. But a good
many thousand Americans belong to
it-though they wouldn't admit it
and no "fraternaP' organization in
the world exacts such high dues.
The ritual of the the club runs
something like this:
II will always take chance when
driving my car. / will cut corners
and drive on the wrong side of the
road if 1 happen to feel like it. l
will make regular habit of passing
other cars on hills and curves. l
will always drive faster than road
conditions warrant, and l will be es-
pecially careless when it is raining
or showing and visibility is poor. 1
will not make regular inspections of
my cars lights, brakes and steering.
I'll take it for granted that they are
good enough. l will make no effort
to learn the traffic laws of my state
and community, and if l do happen
to discover some of them accidental
~, l will break them at every oppor-
tunity. I'll let the other driver
watch out for me as well as himself,
and I'll act as if the highways and
streets were my private property.
I'll pay no attention to traffic
lights and stop signs, and I'll do my
best to practice none of the courte-
sizes of the road"
The members of the "Take-A-
Chance Club" follow this ritual to
the letter, and the result is that each
year some 10000 people are need
lessly killed in automobile accidents,
and property is destroyed to the ex-
tent of $1,O00,00O,00O.
Are you a member of the club?
The midland journal. (Rising Sun, Md.) 1885-1947, 1934-08-24
NOTICE TO CREDITORS

This is to give notice that the sub
scriber. Of Cecil County, has obtain
ed from the Orphans Court Of said
county, letters of administration ON
the personal estate Of
JANE ELIZABETH JAMES
late Of said county, deceased. All
persons having claims against the
said deceased are hereby warned to
exhibit the same. with the vouchers
thereof duly authenticated, on OF be-
fore the 10th day of February, 1895.
they may otherwise by law. be ex-
cluded from all benefit Of said es-
tate. All indebted to said estate are
requested to make immediate pay
ment to the subscriber.
Given under my hand and seal
this 26th day Of July, 1894.
GEORGE P. JAMES,
Executor.
Test. r. J. McCauley, Register.
The midland journal. (Rising Sun, Md.) 1885-1947, 1934-08-24
millions for defense, but not on

millions for defense, but not one
cent for tribute" was a powerful
rallying phrase at one stage OF Unit
ed States history, and the Federal
Housing Administration is inviting
Americans to spend $1,000,0Q0,0 900
on their homes in addition to the
other billions authorized in recovery
efforts in the hope that thereby they
may win their way out of paying
tribute to economic depression.
This governmental agency be-
lieves from its survey that more than
100000 buildings of all types
are in various stages of disrepair
from neglect during the last five
years.
The midland journal. (Rising Sun, Md.) 1885-1947, 1934-08-24

Chancellor Hitler moved fast
when President Hindenburg died.
He at once seized the Office the old
Field Marshal had held and thus be-
came both President and Chancellor.
His power over Germany is absolute
in theory as well as in fact; there is
no check whatsoever on him. He is
more powerful than was the Kaiser
in the palmist days of the Hohen-
2ollerns.
A number of qualified observers
are now forecasting that Hitler is
planning to restore the monarchy
but Wilhelm II will not sit again on
the throne he left in 1918. Hitler's
hope. IL reports are correct, is to
make himself King Adolph I. If he
succeeds, his rise will have but one
historical counterpart-that Of Ma
poleon, who rose from poor Cor
sican army lieutenant to become en-
peror Of all France.
The midland journal. (Rising Sun, Md.) 1885-1947, 1934-08-24
RED CROSS CONFERENCE AT
OCEAN CITY

Vice Chairman James L. Fieser of
the American Red Cross will be the
chief speaker at a conference of Red
Cross workers from Chapters in
Delaware, Maryland and the PENN
sular counties in Virginia, to be held
in Ocean City, Maryland, on Thurs
day and Friday, August 80 and 81.
He will speak on "Today's Challenge
to Red Cross"
Another speaker from Washington
headquarters will be Walter David
son, assistant manager of the East
ern area, who will speak on "Funda-
mentals of Red Cross Organization
and Service" and will lead forum
discussions on membership and fl
nancial problems. THE Junior Red
Cross as a Factor in Character Edu-
cation" will be the theme of the ses-
sion OF the Junior Red Cross.
The conference will be held at the
Atlantic Hotel, opening with a
luncheon at noon ON August 80 and
closing at noon August 81. A cap
size drill conducted by the United
States coast guard and first aid and
braille demonstrations will be fea-
lures of the program. The Balti-
more Red Cross chapter will give a
reception and tea on Thursday attire
noon.
The midland journal. (Rising Sun, Md.) 1885-1947, 1934-08-24

Cooperative leaders have demon
etrated to the thinking public that
fair and profitable prices for agri-
cultural products are an essential of
recovery generally-that bringing
back the farm income to normal
level would be major step in bring
ing back the urban income. The
American farmers constitute the
greatest single market for our fac
tory products, and no one. can profit
IL his buying power is dormant.