davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1934-12-27
STATEF|NANCE
LEVELS BETTER

Southern States have steadily
emerged from the depths of fl.
nancial instability of a year ago.
Governors, reviewing the. year,
yesterday generally expressed
qualification over increased reve.
nues. passage of laws to prevent
further debts and improvement
Of credit.
Through laws controlling two
of this sections principal crops
cotton and tobacco-and various
monetary aids to farmers, the
Federal Government contributed
largely to the South'S returning
prosperity.
The States, however, took i'm
portant steps, especially in Ken.
lucky and Alabama, against fur.
ther financial troubles coming
from unpaid debts, by passing
laws preventing contracting Of
additional debt.
"SOuth Carolina" said Gov.
Ibra C. Black wood, "has
emerged from the worst fin
nancial condition in more than
so years, and is now in better
shape economically, socially and
fiScally than in a very long
period of time.
"She is enjoying better credit
and is borrowing funds at Ia
per cent interest in some cases.
There was never a time in
the history of South Carolina
that the State enjoyed so many
advantages"
REVENUE TOPS BUDGET
During the year under Governor
Sennett Conner's administration,
saw the sales tax pro-
duce more than $3,500,00O reve-
nue., more than a quarter of a mil
lion dollars above budget esti.
mates. On the basis of figures
made public in mid-December,
combined with other taxes, the
States revenue was more than
$1,000,0000 above budgetary esti-
mates.
A sales tax has restored Ken
tucky's credit and made the
States financial paper as good
an investment as any that can be
found, said Governor Ruby Laf.
foon. He continued:
During the year a financial
code was enacted into law max.
ing it practically impossible for
Kentucky to go further into
debt and putting a tight rein
on the States purse strings.
II truly believe Kentucky has
made more progress during 1884
than in any other year."
The Washington times., 1934-12-27
COTTON GOODS

NEW YORK, Dec. 27 G.N.S.) The
ly active today. but prices continued
strong and such goods as were sold
brought the top price of the present
movement Mills generally were in a
much stronger position than they con-
sidered normal for year end Their
spot stocks had been we'll liquidated and
they have booked a substantial backlog
for January deliveries. Traders expect
little appreciable business for the re-
malnder of the year and are looking for
ward to next month in the belief that
definite further improvement will be
seen in gray goods circles. The outlook
for the first quarter is most encoura ging,
and while converters are naturally in
active this week, in preparation for in
ventories, they are planning active buy
ing during January.
The Washington times., 1934-12-27
BONDS STRONG
. AS RAIL ISSUES
IMPROVE

NEW YORK, Dec. 81 GN.S).-
The bond market showed gen.
orally steadier tone today.
Speculative rail bonds which
were under rather severe pres
sure yesterday showed signs Of
improvement today. Chicago g.
North Western convertible 4Ac
and st. Paul Adjustments rallied,
while the New Haven As Of 1855
remained unchanged.
United States Governments
were steadier. Home Owners
Loan IS were down slightly, Treas.
ury 33ss of 1943 and Treasury
33ss of 1910 we're unchanged, and
the 31ss were up fractionally.
High grades were inclined to
be dull and steady. National Dairy
5Hs were lower, while the Balti.
more & Ohio IS were improved.
Foreign Government liens were
quiet and generally steady.
The Washington times., 1934-12-27
POWER SHARES
HEAVILY SOLD
On CURB

NEW YORK, Dec. 27 O.N.S0. Il.
The curb market today continued
to reflect the usual year-end ad.
justment of speculative positions,
with stocks fluctuating erratically
in response to individual influ.
ences. In view of the fact that
today is the final session when
tax sales may be completed under
the usual two-day clearing re-
quirements, there was a heavy
outpouring of offerings in various
issues early in the day.
Utilities were the group most
adversely affected by the pres
sure. United Light and Power A
was thrown out in heavy volume,
sinking to an all-time record low
at 70, with one block of 3,100
shares changing hands at this
level. Commonwealth Edison lost
u point at 451a, American Super
power was off 1s at l and Amer.
ican Gas and Electric was down
h at 1878. Electric Bond and
Share, however, held steady at
the 61s level.
Specialties were mixed. Peperell
Manufacturing jumped 11a points
to 89E2, and A. o. Smith was up
u point at 27l2. Offsetting losses
were sustained in American Cya-
namid B which dipped u to a
new low at 143s, and in United
Shoe Machinery which was off l
at 6AX
The Washington times., 1934-12-27
SEES NEW
TRADE PACTS

Secretary Hull yesterday fore
cast conclusion Immediately after
New Years of two or three Of
the new reciprocal trade agree
ments now under negotiation.
No specific countries were men.
toned by the State Department
chief, but it was indicated the
pacts with Brazil. Colombia and
Haiti would be the treaties an
nounced.
The prospective pacts with
Brazil and Haiti have been under
negotiation for several months
and the agreement with Colon.
bia is a revision of an agreement
negotiated before enactment Of
the new reciprocal trade program.
All three treaties were under.
stood to be on the verge of com"
pletion, needing only approval Of
some details before it will be pos.
sible to announce their conclu-
sion.
Negotiations are now under way
with ID countries.
The Washington times., 1934-12-27
Lumber Price Pegging is Only
Suspended, Industry Warned

entirely proper for the lumber
code authority, upon proper
showing that an emergency ex-
lists for such action, to appeal to
NRA for the reeStablishment of
minimum prices, provided that
such action can be taken with
out subjecting the persons for
whom such application is made
to unreasonable and unfair CON-
petition from other products
under the code for which no
such minimum prices are estab-
liShed."
DEFINES ORDER
While this is theoretically pos
sible. Mason said, it should be
recognized that the new order
expressed the consensus of the
board indicating the prices will b'
reestablished only to eliminate
obstructive price cutting"
In his statement Mason pointed
out that mo action has beer
taken to discontinue the work Of
collecting figures on costs from
persons, subdivisions and divisions
1t is important that this work &c
on, mainly because in maintain
ing fair prices it is helpful tc
know the facts with regard tc
production COSTS"
The Washington times., 1934-12-27

Lumber dealers were warned
yesterday against cutting prices
as they had done before the code
was drawn up.
In a statement addressed to
divisional and subdiviSional off,
Gals of the authority, David T.
Mason, executive officer of the
organization, called attention to
the fact that "orders establishing
prices have been suspended (not
cancelled" Mason said:
"The new order calls specific
attention to the fact that under
article eight production control
is still in full force and effect.
This fact is emphasized by the
board in its order to indicate
that it expects our industries to
use this article effectively for
StabiliZatiOn now that prices are
no longer effective.
CAN REVIVE ACTION
1t is recognized that many
divisions and subdivisions wish
to maintain prices and believe
that they can maintain them
effectually even though prices
for other divisions are suspended.
In theory, under article nine
which is still in effect, 1t is
The Washington times., 1934-12-27
CLASS WRONG,
SAYS ECCLES

Perturbed over charges by Sen
ator Glass CD of Virginia that
the Federal Reserve Board and
the Federal Deposit Insurance
Corporation had exceeded their
authority by a recent order to
banks to reduce interest rates,
Governor M. S. Eccles, of the
Board, issued a clarifying state
ment today.
Eccles denied that the Federal
Reserve Board had directed the
rate reduction for the non-mem.
Der banks whose deposits are in
sured ly the FDIC, pointing out
that this action was taken by the
insurance corporation under au.
thority of law. The reduction for
the member banks is authorized
by the Federal Reserve act.
Officials of both the Reserve
System and the FDIC asserted
there was full authority in the
law for limiting the interest rate
that may be paid by non-member
banks on time and saving depos-
its. The right Of the Reserve
Board to limit the interest of
member banks was NOT ques.
toned.
Glass attack was taken in some
quarters to mean that he might
oppose liberalization of Federal
Reserve Board authority such as
is favored by Eccles. Glass also
was reported favorable to an in.
vestlgation of activities of the
FDIC.
The Washington times., 1934-12-27
Reading II Month
Earnings Decline

For the ii months ended Novem
Der 30, Reading Company will re
port net income of roundly S..
100000 after taxes and fixed
charges, equal, after dividends on
first and second 4 per cent non.
cumulative preferred stock, to
about $1.88 a share on common
stock. This would compare with
net income for the first II months
OF 1888 of $6,202,082, equal to
$3.50 per common share.
The Washington times., 1934-12-27
ANOTHER RALLY
AWAITED IN
STOCKS
By WALL STREET SPECTATOR

BY WALL STREET SPECTATOR
NEW YORK, Dec. 81 GN.S0
The edge was taken off Wall
Streets holiday cheerfulness by
the markets downturn yester.
day. Utilities we're again for sale
in large volume, while the rest
Of the list was domino led by tail.
end tax selling and switching
from one issue to another. There
is little evidence Of fundamental
weakness. however, and the close
Of the week may see a rally to
greet the new year similar to the
one that took place before
Christmas.
Utilities face the beginning Of
1885 with at least q low price
level in their favor.
And unless they are forced out
of business entirely, they shouldn' t
be worse off market-wise when
1886 rolls around than they are
now. The stepping UP of auto
production is beginning to have
q sentimental influence on the
accessories.
It would not be surprising If
some of the companies who make
parts and other supplies do bet
ter than the motor makers since
the latter are going to have an
intensely competitive year.
Some of the dopesters are al
ready trying to pick the big win
ners Of next year.
The few lists that are around
agree on few things except the
avoidance of high priced in.
dustrials. for the obvious reason
that such stocks as American
Can, Allied Chemical and East
man Kodak are very unlikely to
double whereas low or medium.
priced issues can do this easily
in a bull swing lasting a few
months. These November earn
1ngs reports and the prospect
that December will be as poor
explain the grogginess Of the
rails. Even here, however, there
Is apparently selective buying in
the stronger systems.
The Washington times., 1934-12-27
New Car Demand
Shows Increase

Rejecting a better retail out.
look, the 1885 products of motor
companies are meeting with sub.
stantially better demand from
dealers than was experienced with
the current years offering. With,
out exception, companies booking
orders for new models report good
increases. Some dealers are asking
tor more than their quota.
The Washington times., 1934-12-27
New Haven Road
Losses Increased
By International Nawa serric,

ny 1HIeEHdIIOIaI NoWS SeFVIC0
New York, New Haven and Hart.
ford increased its loss in November
to $649,543 after charges, but be.
fore guarantees on separately op.
Grated properties. from the $45l,.
ass deficit shown in November
1888, gross fell to $5,589,442, from
$5,642,110.
In the II months ended Novem.
ber 80, net loss on the above basis
amounted to $5,027, ,5S5, compared
with $4,447,607 in the correspond
ing period last year, while gross
totaled $63,509,241, against SCI,
387, 1886.
The Washington times., 1934-12-27
Schenley to Pay
Holiday Bonuses
BY International News Service

BY InUernatIonAI NeWS SerV1ce
Two more companies have moved
to give employees holiday bonuses.
Schenley Distillers. signalizing the
first year of operation since repeal.
declared a per cent distribution
on salaries earned during the year
for all office employees, and mer-
chandise certificates for all Others
in it's four plants.
Congoleum-Nairn. Inc, turned
over more than $125,000 to some
1000 employees receiving less than
$4,000 annually. the beneficiaries
sharing on the basis of service and
the current rate of pay.
The Washington times., 1934-12-27
Lake Coal Traffic
Best Since 1890

Movement Of bituminous coal
UP the lakes during the past ship
ping season was the best for any
year since 1880. Total dumpings of
coal at Lake Erie docks to the end
OF November, which for all prac-
tlcal purposes ends the season,
were 35,728,001 tons, an increase
Of lis per cent over the 32,O42,-
486 tons in the like period of 1888.
The Washington times., 1934-12-27
Brokerage Firms
Announce Merger

Consolidation of Stock EX-
change brokerage firms of Holden
and Reimer and Walter j. Fahey
& Company, effective January !,
was announced yesterday. The
new firm, known as Lapham, F'ahey
& Company, will establish head
quarters in 20 Broadway offices
now occupied by Walter j. Fahey
& Company.
Partners will include all present
members of the Fahey firm and
all except two of the Lapham or.
ganiZati ton.
The Washington times., 1934-12-27
LIVESTOCK MARKETS
CHICAGO

CHICAGO, Dec. 27 G.Ns).-HoEs-
u, 900; 1oc lower. HoIdovers. 1000. Top
$500; bulk, $s@6s5: heavy, $S 1907;
medium, $6.4o@7: light, sS@s,s5; light
aiEhts, $5.5o@6.4o; packing sowsD $50
$50; pigs. $3@4.75.
Cattle-7,So steady. Calves LOO;
steady Beef steers-Good and choice
5000 rs; common and medium, $29s;
ers. s3.5o@S.5o; cows. s2.5OQ5: bulls.
9275@4: calves. $3.5o@7; feeder steers
985o@5; stocker steers, $395; Stocker
COWS and heifers, s2.25 5@3.75.
S25; common, $5@6.5o: yearlings, $3.50
A7: feeders. $5@S; ewes, 32@S.50.
The Washington times., 1934-12-27
4 New Securities
Listed in November

Four new securities listed on
the New York Stock Exchange in
November, 1884, amounting to
25,231 $50, exceeded both the Oc-
tober total of $19,865, 100, three in
number and the November 1888,
sum of $4,000, ,420 four in num-
ber.
The Washington times., 1934-12-27
CLEVELAND

CLEVELAND, Ohio, Dec. H Q.NS).
Hogs-ReceiptS 500; market active;
most good butcher hogs 25c higher; pigs
and roughs steady; top. 81 Is: for good
to choice, 100000 lb. hogs.
Cattle-Receipts IT'S; trade active; =;
prices on cows and bulls steady to
strong; butcher cattle 25c higher; NO
good cattle on hand.
Ca1ves-Receipta 200; trade active.
mostly steady to soc higher; top, 50 for
choice Vealers.
sheep-Receipts 1900: fat lamb trade
active. most sales 2S@5oc higher; me
Aium and out grades strong: top, SS.SO
for selected handyweight lambs.
The Washington times., 1934-12-27
Chevrolet Begins
1885 Production

FLINT, Dec. 27 G.N.SO-First
Of the 1885 Chevrolets rolled off
the assembly line here yesterday.
The car was inspected by Presi-
dent M. e. Coyle, Vice President
in Charge of Manufacturing
Charles E. Wetherald and Arnold
Lenz. manager Of Flint opera
tionS.
The Washington times., 1934-12-27
Dollar Remains
AtHigh Level

NEW YORK, Dec. ~. N.N.S.).
The dollar held its own today
In dull and colorless trading
on the local foreign exchange
market. In terms of the
French franc, the dollar was
quoted at 59.4O cents, un-
changed from yesterday. The
table:
The Washington times., 1934-12-27
LONDON MARKET

LONDON, Dec. IT N.s).-Stocks
closed steady on the London Exchange
today.
Transatlantic shares were firm and
Kaffir gold mining stocks were dull.
Gilt-edged securities we're firm.
The Washington times., 1934-12-27
RT1EFALn

BUFFALO, Dec. 81 QE.so.-Ho5s-
Receipts. 200; holdovers, none. Desir'
days sharp advance, $3.50; few 40 to
1HO pounds, 1925; packing sows, $3.50;
thin cows. $150@4.5o.
Cattle-Receipts, So; holdovers, rs.
Plain steers and yearlings unsold late
Wednesday. moderately covered year
ling heifers, $5.65. Cows, firm: low
cutter and cutter, $1.6O@2.50.
Calves-Receipts, Is. Vealers, steady
$3.50 down.
sheep-Receipts. 100 Lambs steady
at recent advance. Good to choice,
$3.50: medium kinds and strong
weights, $S.50@8.75.
The Washington times., 1934-12-27
PITTSBURGH

PITTS sBURGH. Dec. 2T u;Ns).
HoEs-Receipts, 1000: $50 pounds up,
35c higher; $50 pounds down. soc higher
1irht. s7.15@7.5O; light lights, $500
lis; packing sows, sA75@5.76; pigs
ca attle-Receipts. Is; nominal: x-steerS
CHed) good and choice, $7@s; steers
(soo@11OO pounds) good, IS 5@6.5o; heit-
Ars (55o a $50 pounds) good. $3.50 q 5;
cows. good, s5@s.5o; bulls. good beef
Calves-Receipts. 100: steady to soc
higherS vealers, good and choice $50
sheep-Receipts. 1000; active. lamb
market 75c higher on better grades;
lambs go pounds down). good and
choice. Ss@s.7s; yearling wethsrs. good
and choice, $5.5o@6.5Oo; aged wetherA
Vnedturn-good $S.75@4So: ewes, good
ana choice. $2.75@3.25.
Ex-Not extreme limit Of grade)
The Washington times., 1934-12-27
School of Economics
and Government

Degree courses Of collegiate
grade offered in Political Science.
Government, Economics. Psychol.
ogy, History. Finance. Business
and Languages.
Address Secretary
National 6617 818 18th st. N. W.
The Washington times., 1934-12-27
National University
Law School
Winter Term Begins

January 2. 1885. at $3.50 p. M.
Standard three-year course lead.
ing to degrees of LIB. and id.
Graduate courses leading to de-
grees Of LIN, M.P.L.. and SID.
All classes held at hours con.
venient for employed students.
The Washington times., 1934-12-27

Whenever you wish to know the
correct time of day Or night tele-
phone District 1000, the office of
THE WASHINGTON TIMES.
The Washington times., 1934-12-27

SCHOOLS AND COLLEGES
The Washington times., 1934-12-27

CANADA
Montreal funds In New York &S.7S
premium at 81 600,
The Washington times., 1934-12-27
CHICAGO

CHICAGO, Dec. 81 G.N.s).-Butter:
7,423 tubs; steady; old cars, II; new, g..
Extras, Sohc; standards, 2sc; extra
tirsts.. 2sN @2ehc: firsts, 27H @2sAc;
seconds. ESQ 261ac: specials, S1@S1 c.
Eggs-s2S cases; firm: old and new
cars, none. Current. 27c: fresh extra
firsts, less than cars, Sohc; cars, 3o15c:
fresh firsts. less than cars, 2Shc; cars.
2Shc; dirties. 1S@21c; checks, 17@
1913c.
Evening star., 1934-09-09
HOWARD OPENS SEPT. rs

Howard University begins its sixty
sixth year September 25. Examina-
tions and mental aptitude tests for
freshmen will be held Thursday, Sep
tember 20. A faculty reception for
the freshmen will be given that eve
ming.
Registration for new students will
begin Saturday, September %, and
registration will be completed in all
schools and colleges of the university
on Monday, September "a.
New students and returning students
will find themselves in the midst of the
university's building program. The
second step now is under way. includ-
ing the erection of a new educational
class room building, which will pro-
vide ample space for the undergrad
uate colleges of the university and
for the offices of academic administra-
tiOn
Evening star., 1934-09-09
STRAYER ADDS 10
NEW INSTRUCTORS
TypeWriting, Shorthand and
Commercial Departments
Supplied.

Ten new instructors have been
added to the staff of Strayer College
for the coming year, which begins
tomorrow. Three will teach in the
commercial department, three have
been assigned to the typewriting de-
partment and the remaining four
will instruct In shorthand.
Among the new shorthand teachers
is Miss Geneva Hoult, a graduate of
Northwestern University and fire.
quent contributor to educational
journals.
other shorthand instructors include
Miss Elizabeth Glenn, Roland N.
Harman and Mrs. Roma H. Pelver.
Miss Glenn was a student at the Col
lege of william and Mary and later
attended the Richmond Business Col
lege. She taught in the commercial
department at Falls Church, Va, be-
fore coming to Strayer College. Mr..
Harman, ABB, MA, son of Director
p ]. Harman, is graduate of George
town University. After being gradu-
ated he attended Strayer's and later
was made a member of the faculty
as an instructor in shorthand.
Experience Extensive.
Mrs. Pelver studied at the Indiana
Teachers College, and later at the
University Of Arkansas, where she re-
ceived her BC.S. degree. After being
graduated, she taught at William Penn
Senior High School, York, Pa.
New staff members in the typewriting
department will consist of Miss Hazel
Mahaffey, Miss Florence v. Nesmith
and Miss Yvonne Richardson Smith.
Miss Mahaffey received her ABB. de-
gree at jamestown College, N.
Oak. She then did special work at
the Detroit Commercial College.
Evening star., 1934-09-09

Prior to coming to Strayer's Miss
Mahaffey taught for three years at
the Troy Senior High School, Troy,
Ill. Miss Nesmith holds her ABB.
degree from the University of Chi
cago and comes to Washington from
Charleston, w. Va.
Evening star., 1934-09-09

Upper: Here is the architects
sketch of the new Education Build
ing now under construction at a
cost of $460,000. 1t will house 994
students and 80 members of the
faculty.
Lower: This group Of Howard's
new buildings includes Sojourners'
Truth Hall on the left, Prudence
Crandall Hall In the center and
Julia Caldwell Frazier Hall on the
right.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1934-05-03

/ By v
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1.-The II
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|pplainti|
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4 years
II ferrei
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SecuT1
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Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1934-05-03

night with famous Nadi-
no1a Bleaching Cream,
tested and trusted for over
a generation. The minute
you smooth it on, Mad.
inola begins to clear,
whiten and smooth your
skin. Tan and freckles,
muddy, sallow color van
ish quickly. You see day.
by-day improvement un-
til your skin is all you long
for: creany-white, satin.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1934-05-03

smooth, lovely. Get a large box Of
NADINOLA. only SOC. No disappoint.
ments; no long waiting for results. Money.
back guarantee.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1934-05-03
PUSSY STUCK TO THE SHIP

When the drifter Cats Eye sank
after collision with the Saltair near
London recently, her crew of eight
had to make hurried climb for lifa
to reach the Saltair's deck, but tba
Cats Eyes mascot cat refused to de-.
sert the sinking vessel. After tha
ship went down pussy was picked IN
by a tug.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1934-05-03

Your local dealer carries Ferry,S
Pure Bred Vegetable Seeds. Now
only 5 cents a package. Adv.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1934-05-03

N
No
elect
Wsio.
Of t.
of t
AsSe
nlent
vile,
1884
noon
one
age
and
year
May
Of Il
resi-:
year
ofiic
| said
| theiil
| elect
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1934-05-03

Inseparable
The roots Of education are ALWAYS
intertwined with life itself.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1934-05-03
CARRIE: S& ay

OLD AGE PENSION INFORMATION
Send stamp.
, 1934-12-18
Affidavit Tells How
Lawyer Got Portion
OfUrschelRansom

happened was inaccurate As 10
mileage, according 10 Feldman. The
government subsequently recovered
$4,000 in ransom money from new
hiding places III Oregon and Wash
ington.
Demanding obedience lest the
Bates family get our Threats cut,
Feldman told how Laska aSSertedly
suggested the wife and Stepson as
sumo Swedish names.
I'm innocent OF this charge
said LaSka, peering from behind
nose-glaSses. Il would rather die
than reveal the secrets OF my clinetS
and I don't care who those clients
may be or how bad they may be-"
Laska has Skirmished with the
law before in his own behalf as well
as for others. A slight figure. care
fully attired, and once accredited
with an hypnotic eye" he always
has won his own battles. Often he
has won for others against long
odds. An acquittal was the result
Of his defense Of Mrs. Verne San
key, accused Of aiding her self
slain husband. in the Charles Boett-
cher kidnapping.
Tuesday LaSka girded himself 10
fight another battle-againSt a $50
900 bail band the government de-
mands for his freedom pending
trial.