davidaulloa/AmericanStories huggingface dataset:
Evening star., 1934-01-20

COTTON PRICES Up
ACTIVELY IN WEEK
General Buying Follows
Monetary Message and
Higher Gold.
BY the Associated Press.

By the Associated Press.
NEW YORK. January 2o-The IA
vorable reactions Of practically all mar
kets to the Presidents monetary mes
sage and the advance In the domestic
gold price, was reflected by active gen.
eral buying in cotton at the beginning
of the week.
May contracts which had closed at
Ills on the previous Saturday, were
rushed up to IL 65 before the close of
Monday. or the highest price touched
since last Summer and about 21z cents
per pound above the low record Of the
season. Heavy general realizing was
encountered at this figure with the de-
sire to take profits increased by later
rallies in the dollar.
Very little Southern selling developed,
but there was SUFFICIENT pressure to send
May of to 11l8 during Thursday s
trading or about At points on from
technical position then made their ap-
pearance and the market showed a
steadier tone yesterday on trade buy
ing and covering or replacing by recent
sellers. May rallied to so and closed
at HAS last night compared with 1895
at the close of the previous Friday.
With December contracts up to or
above u cents the opinion was ex-
pressed in some quarters that cotton
under existing trade conditions might
have discounted a sixty cent dollar y
The demand from both domestic and
foreign trade sources which had been
extremely active during the beginning
of the week also appeared to be taper
ing of, and reactionary sentiment
which developed was encouraged by
the action Of foreign exchange rates
and reactions in the stock and grain
markets.
Evening star., 1934-01-20
SECONDARY BONDS
SHOW BEST GAINS
Market Continues Upward
Trend Despite Heavy
Realizing Sales.
BY BERNARD s. O'HARA.

Associated Press Business Writer.
NEW YORK, January 20-Despite a
fair amount Of realizing. prompted by
the sharp rise In prices during the week,
the bond markets major trend con-
tinued upward through the short ses-
sion today
Secondary issues turned in the most
gains and several OF the rail and utility
classifications pushed ahead to new
high levels for the current move, clos
ing with full gains.
American g. Foreign Power IS again
attracted attention by reason Of active
buving which lifted the price about
3 points. Demand was attributed 10
the new national set-up in Cuba, In
which country the company has some
operating properties.
Gains ran from fractions to a point
in some loans of Allegheny Corpora
ton. Milwaukee, Illinois Central. MIS-
souri, Pacific, Nickel Plate, Pennsylvania
and Chesapeake & Ohio.
Other strong features included Detroit
Edison 4l.s, Goodrich 6l2s. Goodyear
SIS. international Telephone 5l2s, LoewS
SIS, National Dairy Products SIPS and
Warner Bros. 6s.
United States Governments were
fairly steady under limited turnover
Some of the Treasury issues edged for
ward from one-thirty- second to two
thirty-seconds of a point, while the
renamed eased of from two-thlrty-
seconds to five-thirty- Most OF
the Iibertys were shade higher.
The foreign division showed marked
irregularity The flrmest spots were
Belgium rs, French Is. Norway IS and
Italian Is. British 5i2s and German
Agricultural Bank IS were heavy.
Evening star., 1934-01-20
RESERVES
ARE NEAR BILLION
Entire 100000 In
crease In Member Balances
Believed included.
BY CHARLES p. SHAEFFER,

Surplus reserves of Federal Reserve
member banks in the neighborhood of
a billion dollars are reported in author
ltative quarters.
The monthly bulletin OF the Federal
Reserve Board shows an excess OF
s7s4 100000 as of the end of November,
1888. Since that time, it can be stated.
the reserve balances Of members have
increased by sl78000,000. AS net de-
mand and time deposits have shown no
gain since November, reliable sources
believe that the entire upturn in re-
serves since then represents just that
much more excess.
The breakdown OF the November ex-
cess. bv the Reserve Board, shows that
S129 800 900 was in New York City,
s474. 700 900 in other reserve cities, and
the remainder in country" banks.
Reserve Board members say privately
they are displeased at the amount Of
the excess reserves being piled up, but
declare there IS nothing can be done
at once to change the situation.
Members say the boards effort to
expand credit through its open market
policy has been somewhat offset as
much OF the additional money being
placed IN MEMBER DdnkS Dy Jne pOllCy
has been returned to the Federal Re
serve institutions in the form OF re-
serve balances.
The amount Of reserve balance
member institution must maintain with
the regional institution Is determined
on a sliding scale, based on the impor-
tance of the members location to i'm
portant money centers.
Under the Federal Reserve act, the
requirements for banks in central re-
serve cities New York and Chicago
are not less than 13 per cent of net de-
mand deposits and 3 per cent Of time
deposits There are exceptions to this
rule. For instance If bank is located
in an outlying district, or in territory
added to such city by the extension OF
the city's corporate limits, such bank
may. upon the affirmative vote OF f1ve
members Of the Reserve Board, be per-
mitted or 10 per cent reserves against
its demand deposits.
Reserve requirements for banks in
reserve cities are not less than 10 per
cent OF demand deposits and 3 per cent
of time deposits. Exceptions are al
lowaple for extensions Of city limits,
permitting per cent reserve.
Requirements for banks not in re-
serve or central reserve cities are not
less than per cent Of the aggregate
amount of demand deposits and per
cent of its time deposits.
Evening star., 1934-01-20
Chicago Grain
Ry the Associated Press.

BY the Associated Press.
CHICAGO, January 20.-Grain prices
turned downward today after snow
of firmness at the outset. Proflt-tak.
ing on the part of recent buyers OF
wheat was a bearish factor. Opening
1s-12 higher, wheat afterward receoeo
to below yesterdays finish. Corn
started at a. off to Is up and sub
seouently sagged all around.
Rallies which followed early down
turns of wheat values were attributed
to some increase of buying based on
seriousness of the drought situation
Southwest and West. Reports indicated
that sharp deterioration of crops con-
tinued, and that the outlook was bad
Upturns in prices, however, met with
enlarged offerings, and gains were re-
placed by declines, though as rule the
changes were narrow, keeping within
about l cent range.
World wheat production estimates Tor
l933-34 from as countries totaled s.
542760 900 bushels This compares with
3,7l9 1850 reported by these coun-
tries for 1928 when the reports
REPRESENTED 96.1 per cent of the esti-
mated world total excluding China and
Russia. Including Russia, the total pro-
duction estimates for l933-34 amount
to 1851 $50, 900 bushels, against 4,463.-
787. 900 in 1928. Corn and oats
prices averaged lower with wheat.
Evening star., 1934-01-20
CURB PRICES HOLD
T0NARROW RANGE
New Buying Absorbs Wave
of Profit. Taking in
Active Session.
BY JOHN L. COOLEY,
Associated Press Financial Writer

NEW YORK, January 2o.-Active
profit-taking appeared in today's two
hour curb market, but new buying abb
sorbed offerings, and the list showed
generally narrow changes. Volume
was rather large for a Saturday.
Oils continued their improvement,
Gulf adding a point and some of the
Standards rising fractionally. Liquor
issues displayed good resistance to
realizing. and there we're advances for
Hiram Walker. Distilers- s-Seagrams and
Canadian Industrial Alcohol "A"
Montgomery Ward "A" rose above
100 Pittsburgh Plate Glass, Safety
Car Heating. Sherwin- Williams, Pan
American Always, Swift & Co. and
Lake Shore Mines registered moderate
appreciation at times. Aluminium of
America, Parker Rust, American
Cyanamid B. Pioneer Gold and
Wright -Hargreaves eased slightly.
Utilities had firm appearance
American Gas yielded slightly as
traders took profits, but Electric Bond
& Share, American Superpower and
Niagara Hudson were steady.
Evening star., 1934-01-20

DIVIDEND rates in dollar, based on last
Si,dIy teIy OF Seml-ahnual payment .Ex
aiPEioend; Psxabi. Partly extra sPlus AZ IN stocT
ssock Adtustment dividend. ( Plus ba
~ Mock' ePluS 6T in stock. h Plus Ir,
n 70 stock. Plus 90 IN stock Plus 10se
~ ~ stook- m Plus 30 in stock. nPlus So
Ia StocH Paid last year-no reECIsr tie
Evening star., 1934-01-20
CHICAGO PRODUCE.

CHICAGO. January 90 lFH.-Poultry, live.
six trucks, steady: hens. II; Leshorn hens,
sia. Rock SPRINGS. 1872; colored. IL; Leg
horn chickens, Sl2; roosters, s; turkeys, 10
ala ducks. gal9 geese. 9.
Dressed turkeys. steady. prices unchanged.
Potatoes. 65. on track 1a5, total United
States shipments, S}1; steady supplies mod
crate; demand and trading moderate; U. s.
No. /, Wisconsin Round Whites, l.75al so:
few, lsj, Minnesota, North Dakots Red
River Ohios. 1.72i2a1 so; Idaho Russets.
2.I5: few, 2.2o: Colorado McClures, 2.2U
Butter. e.ro7. easy: creamery specials
fa3 scorel. 2Oizsol: extras (a2). 20; extra
frsts t9O-9D. 1etal9a4; hrsts (ss-sel
Isl za1e: seconds ts6-s7l. 17na1s: stand
$50. easy: extra firSts 21i1a22; fresh
graded firsts, 2la2liz, current receipts
COL
Evening star., 1934-01-20
New York Cotton
By the Associated Press.

BY the Associated Press.
NEW YORK, January 20.-Cotton fu-
lures opened steady. 4 to higher on
trade and commission house buying and
better textile markets. January un-
quoted; March, / .35: May. ll.49; July.
1856 October. 1l,83; December, 1877.
There was fair volume at the start
and the initial buying carried March up
to IL 50, while July sold at ll.67. or
about to points net higher. Some
Southern selling and realizing supplied
the demand at these figures and busi-
ness tapered of toward the end OF the
first half hour with active mhnths
showing reactions Of 4 or S points from
the best Houses with Bombay connec-
tions we're credited with selling here at
the opening on strsddle accounts. and
there was some selling from New Or
leans.
Reports Of increased activity in the
domestic goods market late yesterday,
with sales at top prices. may have ac-
counted for some OF the early buying
Liverpool cables said the Disappointing
response TO yesterdays late New York
advance was due TO realizing and Bonn
bay selling there. but that offerings had
been absorbed by local buying and trade
calling.
~
Evening star., 1934-01-20
Washington Produce

BUTTER-one- pound prints fa., score re-,
81: tub, 90: ! pound prints 30 score.
tub, 21: l-pound prints (ss score), IL
tub. 90
DRESSED POULTRY-Turkeys. toms.
2oa23; hens, ;:oa23; Toosters; salo; Long eT
pair. young LOCAL so: SQUADS llst2
domestic per pound. 24a26.
MEATsEBeef !Oall' veal veal baal llals Ia LAMP
smoked hams. 14al5: strip bacon, 15a16;
lard 7a7I2: compounds. 7a7l2.
Prices by the Q. S. Bureau of AGRICULTURAL
EGGS-Market firm with quotations
cent higher. Receipts continue light. Cur
rent receipts, Plaza: hennery whites. 23a
"a Government graded and dated white
eggs. .. s. extras: large. 25sg7' .: g ex-
s4sss !Eass mediums 2'as0' o' 8 s'"naAf'''
LIVE POULTRY-Market barely steady
on fowl. but Arm on other classes OF poul-
try. Receipts generally ample for ho-ns light DE
4aa fO roosters. ss7: Plymouth Rock, chickens
(all sizes, 17a20: Plymouth Rock spring
broilers, lsa2O; Reds and mixed coiors.
i4si6 Turkeys; young toms = pounds pounds
and over l7a1S: young hens, ~ pounds
and over, 20: capons. 19a23.
Evening star., 1934-01-20
SILVER QUOTATIONS.
NEW YORK, January 20 (Pl.-bai
silver steady, Ia lower at 443s.
CHICAGO STOCK MARKET

CHICAGO January 90 (P,.-Followlng u
stocks on the Chicago Stock Exchange TO-
Evening star., 1934-01-20
FOREIGN MARKETS.
By the Associated Press

by lIle ASSOCIateu PftSS.
LONDON. ON.-Transatlantic issues Argen-
tine rails and German bonds improved on
the Stock Exchange today. The market
was otherwise featureless. The closing
was steady.
BERLIN.-Prices on the Boerse rallied
generally owing the favorable demand.
especially mining shares. The market
closed cheerful
Evening star., 1934-01-20
Cotton futures closed barely steady. Sal?
GOLD RESERVE RATIO
OFF SLIGHTLY IN WEEK

BY the Associated Press.
The ratio OF total gold reserves and
other cash to deposit and Federal Re
serve note liabilities combined showed
a slight decline during the week ended
January II. as the change was calcu-
lated by the Federal Reserve Board.
In the table that follows the reserve
ratio is given for comparable periods.
as reported by the board:
week ended January l7 g. per cent
preyionS week . 63 Il per cent
aa~a we.t laxt year sc 4 per cent
Imperial Valley press., 1934-05-01
LIQUOR SALES TO MINORS

Sale of intoxicating liquor to minors,
which was the subject of an editorial in
this column last week by the chief of po-
lice in Ell Centre, as applying to this city,
is not going to be tolerated in the unin-
corporated areas of the county, judging
from the quick action obtained in case
involving such an illegal sale, which re-
suited in fine and a suspended jail SEN
tence for the offender yesterday, follow
ing a plea of guilty
Report of the offense was made to
agents for the state board of equaliza-
ton by residents of the McCabe district
on Friday. On Saturday warrant was
issued for the arrest of the offender, and
on Monday the case was a closed incl
dent providing the offender does not vio-
late the law again.
With only two agents in the entire
valley, the board of equalization is fac
ing a difficult handicap in enforcing the
law in this territory. 1t is pointed out
that successful enforcement can only be
accomplished with the cooperation of all
law abiding citizens.
The same request for cooperation
made by the chief of police, is repeated
by the valley representatives of the
board of equalization.
I'VE earnestly ask the aid of all law
abiding citizens in upholding the liquor
laws in the county" the request states,
particularly for the prevention of sales
of Intoxicating liquor to minors. This
should not be tolerated by any adult
person and it is the duty of all to lend
their efforts in putting a stop to such
pernicious practice.
''Any information relative to such
sales, if sent to the board of equalization
office at the court house, will be treated
as confidential We will not ask the in
forming parties to appear in court if
they do not wish to do so. If they will
give us the names of vendors who are
violating the law we will make a thor
ough investigation and will follow with
arrests if the information is substantial
ed by evidence" o.
The quick action obtained in the Nc
Cabe case indicates the sincerity of the
state board of equalization in enforcing
the law Equal sincerity on the part OF
citizens in cooperating will put stop to
sales of liquor to minors.
Imperial Valley press., 1934-05-01

WASHINGTON, May Charles
Dickens and William Shakespeare
are the senate IS current favorites
in literature.
A line from the Bard of Avon
by Senator Pat McCarran Oem)
Nevada:
81 think he doth protest too
much"
An answer by Senator Homer t.
Bone (Dem0 Washington, drawing
from the Pickwick papers:
"Poor old Pickwick had the habit
of going hunting, and he also had
a very great yearning for certain
kinds of food. One delicacy which
appealed to his instincts was chops
and tomato sauce.
"He was living at the home OF a
buxom young widow, and when he
went hunting on one particular
occasion, he left a note saying
Chops and tomato sauce.
"Later she sued PickWick for
breach of promise. Every member
Of this body has thrilled as he read
this delightful little story of Dick
ems. The lady hired a very brill
liant lawyer-like my friend from
acknowledgement Buzz Fuzz. l
can visualize him now, as all OF
us can. He took this bit OF paper
in his hand before the IL gentle
men of the jury. and there he did
1nrotegt too much He said
Imperial Valley press., 1934-05-01

pretty soon he heard buzzing
sound down in the grass near his
paws and a tiny voice asked:
do you want me to help you re-
member about that cheese?"
why, yes, if you will be so
kind" said Mr.. Longears. But who
are you and how can you help me
TO remember?"
Don't you know me-don't you
remember me?" asked the little
voice. Looking down Uncle Wiggily
saw a red spotted bug.
"Oh. yes" exclaimed the rabbit
gentleman. ut is my little Squiggle
Bug friend. Why, of course, I re-
member you. But how are you 60
ing TO help me remember to get
cheese?"
I'll fly along with you TO the
cheese store buzzed the Squiggler.
And if you forget about the cheese
before you reach there I will fly
down and tickle you on the nose"
How will that help me not TO for
get?" asked the bunny.
Because when I tickle you then
you will sneeze," laughed the Squig-
gle Bug. And sneeze sounds like
cheese, you see so you will remem-
ber."
That's a most jolly idea" said
Uncle Wiggily. Buzz along with
me, my Squiggler friend"
So Mr.. Longears hoped through
the woods and the red spotted bug
flew through the woods and soon
they were at the cheese store. And
it is good thing the bug was with
the rabbit for, all Of sudden, Un-
Gle Wiggily said:
my goodness, I've forgotten
again"
"Buzz!" went the Squiggler and
he tickled the rabbit on the nose.
"Ker-chooi What sneeze. oh.
Imperial Valley press., 1934-05-01
Don't Quote Me-
By United Press

I" Read this gentlemen of the
jury. What is this message? Chops
and tomato sauce! Chops and to-
mato saucel What more sinister
words could this villain have used
to beguile the heart of the trust
ing maid?'
$50 I say 1 am reminded of the
objurgations of Buzz Fuzz before
the jury when my friend says that
I do protest too much.'
More Shakespeare by Senator
Simeon D. Fess (RepD Ohio, with
the observation that "good opinion
of people, does mean a great deal
to many of us. Shakespeare has
said:
{" Who steals my purse steals
trash
q But he that filches from me my
good name
g Robs me of that which not en-
riches him
q And makes me poor indeed. , -
Perhaps, spring causes fresh in
terest in the classics for in the
works Of the interior department:
"Mother Natures family pride
appears to be asserting herself.
Wild flowers have added their gay
color notes to the slopes of the
meadows much sooner than is GUS
tomary. -
Imperial Valley press., 1934-05-01
UNCLE WIGGILY'S WRONG
CHEESE

Uncle Wiggily was very glad he
had met the Woodpecker, or hole
bird. For the rabbit gentleman,
who had been told by his wife and
Nurse Jane to bring something
home from the store, quite forgot
what it was. All he could remem-
Der was that it began with the let
ter c.
"And the Woodpecker very clev-
erly said it might be CHEESE,
which it was" laughed the bunny
rabbit gentleman. Now I am all
right I'll hop TO the store before 1
forget it and buy the cheese. Then
my wife and Nurse Jane will not
laugh at me for not remembering J"
1t did not take the rabbit gentle
man long to start for the cheese
store. On the way, so he would not
forget again, he kept saying over
and over to himself:
Cheese, cheese, a piece of cheese.
Don't let me forget again if you
please"
Uncle Wiggily said this little
verse aloud as he hoped along and
Imperial Valley press., 1934-05-01
AS THE
EARTH TURNS

Everybody has a right to
chance sometime or other" she
said with tears in her eyes. q
hate it here! I've hated it ever
since 1 came. They promised to
let me go, but always something
goes wrong. 1 just can't bear an
other winter here-I just can't.
You can't refuse, Stan, you can't
refuSe!'
Stan was up against it. He was
silent for a long time and Doris
waited breathlessly, for his answer.
"Oh, all right he finally said.
But you understands
"You love Jen-not me!'
"Yes.O
81 understandable get my
things.''
With that, she turned and hur-
ried off. Stan walked moodily ov-
er to the ashes.
''If only 1 hadn't taken Doris
to the dance,' he thought, 81
might have saved it, 1 was foolish
to do it. But then again.
His thoughts trailed off and he
tried to comfort himself by think
ing that he might just possibly
have been struck by lightning him
self had he been there in the
house. But who could say! Who
indeed could say?
Continued tomorrow
Imperial Valley press., 1934-05-01
MCKINLEY SCHOOL

We had a good time Thursday
afternoon because lot of visitors
came. They were our fathers and
mothers. We had program for
them. There were poems and plays
about health, poems we like and
about our country.-Dora Sambra-
no, ga Americanization.
One day ] went to the zoo and
I saw some monkeys swinging by
their tails. They jumped from one
swing to the other Swing.-Donald
Womack, Kgn.
saw some monkeys at the zoo
and one of them had some lettuce.
He took the lettuce up in a tree
that was in the cage and all the
little monkeys came to have a pic
nic.-Junior Arnold, Kgn.
Once saw a Polly parrot and
said something to him. Then he
said it right back.-David Knights,
Kgn.
The flowers in our garden are
getting ready to bloom.
We were sWeetpeas in the play
at Wilson school Friday night. We
had white, pink and purple sweet
peas. We sang about birds and
flowers coming in the spring.
We are learning poems that
Robert Louis Stevenson wrote about
children. The poems are GA Good
Boy,o "My Shadow IT h e
Wind,p and HThe SWING
lib class.
We painted sky and ground on
large papers. We cut houses from
colored paper. Then we made
flowers for the gardens. Some gar
dens have fences, some have bird
houses and flagstone path. The
houses look like English, Dutch,
Chinese, Colonial or Spanish. One
makes us think of the house in
which the "Crooked Man" lived.
We put all the pictures up for a
border. They are SO gay and
charming that we wish they were
real so we might live in them
Opportunity room.
We finished the Facts and
Fun" reader. Every pupil enjoy
ed UTle DOOk. IL tOiu 10 iio" PCo-
pie live and how they are trying to
make the world a pleasant place
for us to live in. Some of the
stories were funny and made US
laugh. One lesson was about
"Good Manner 50 and taught us
many things. The questions mt
the end of each story made us
work.-Sammie Lee Pcore, Maxine
Kirk, "A.
Visitors at our school education
week were Mesdames Winright,
Garvin, Plemons, league, Shepherd,
Burnett, Poore, Cook Weather
hill. Major, Moore, Reed, Miner,
McElvaney, Kirkpatrick, Pacho,
Mendivel, Salgado, Nunez, Aladero
and Paredes, also Messrs. Allinder,
Allen. McElvaney and Mendivel.
Mrs. Handy substituted for Miss
Imperial Valley press., 1934-05-01
Chapter XIV

The two stood there, silently sur
veying the ruins.
Then Doris spoke.
"Stan," she said deliberately,
"I'm going with you'll
"Don't be silly, Doris,' Stan
replied. i.
But Doris didn It think she was
being in the least silly. In fact,
she had never meant anything
more seriously in her young life.
II know what you re thinking
off, she said insistently, "but
don't mean it that way 1
know you don't care about mel
just want to get away from here
I've got to get away!'
''What would you do, Doris! -
Stan asked
Doris was all but down on her
knees to him.
"Oh, Stan," she pleaded, "I'd
work. I'd get a job. All I want
is a start. Maybe your mother
could take me in for a couple of
weeks. You can't say no. Stan -
"What would your family say?n
"I'll tell them!n Y
"No.D
Doris took him by the arms,
pressed her young body close to
his and made last desperate at
tempt to win him over.