davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat., 1934-09-17
INSURANCE STOCKS
 ARE LOWER AGAIN

Insurance stocks in the New York city market registered q further decline during the past week. The aggregate value of 20 leading fire and casualty insurance issues amounted to $42S,777 900 on September IA, compared with $442,769.000 on September z, a de- crease of $13,992,000, or 3.16 per cent. The current average yield ot the 2 Oissues of 4.26 per cent. compares with yield of 4.1S per cent. a week ago. The current market value is equal to l.O6 times the current liquidating value, a. gainst 1.10 times on September 7- Combined operating searnin'.- from underwriting and net invest ment income are now 10.72 per cent. on market. as compared with 1O.3S per cent. at the close of the previous week, and baser upon current figures the 20 issues are quoted at an average of 9.3 times their combined operating earnings, against 9.6 on September 7th.
The Waterbury Democrat., 1934-09-17
Market Felt Another Sinking Spell To-day
Came Within Shade of the Low Mark for Year;
 Trading Was Dull All Through Session

Business news was more cheer ing. Steel operations. according to the American Iron 6 Steel 1nBti- tute rose to 22.3 per cent of capac- ity, up 1.4 points from q week ago. The magazine Steel predicted heavier buying of steel by automo- bile companies. Atchison, Topeka & Santa Fe reported loading above the preceding week and above the corresponding week of a year ago.
 Meanwhile rye jumped nearly 3 cents a bushel to lead b substantial rally in grains. Cotton rose more than 50 cents bale and other com- modities were steady to firm. Uni- ted States government bonds were irregularly lower and the bond market generally was easier.
 Sales totaled e50,0O0 shares, against 835,O0O shares Friday. Dow Jones averages: Industrial, S6.69 off 0.65: railroad, 33.10 off OPS; utility, 1873 off 0.22.
 Curb sales were 113.000 shares against 100000 shares Friday.
 Stock exchange bond sales today: $11, 100000.
The Waterbury Democrat., 1934-09-17
GROUP BANKING SCONDEMNED BY
 THE COMMITTEE
Cleveland and Detroit Are Cited as Examples of
 Failure
BY JOHN A. REICHMANN United Press Stan Correspondent)

United Press Stan CorrespOndent)
 Washington, Sept. 17-(UP)- The senate banking committee to- day demanded basic reform of Americas archaic" banking sys- tenn in a report that condemned group banking practices.
 The report was based on the committees investigation into banking in Cleveland, O., and De- troit, Mich., an analysis of which was published several months ago.
 Operations and collapse of the guardian Detroit Uuion Group, Inc. and the Detroit Bankers Company in Detroit, were cited as emphasiz- ing the weaknesses of group bank ing.
 Inquiry into the Union Trust Company and the Guardian Trust Company of Cleveland was de- clared to show the weakness of the whole commercial banking struc- ture.
 Definngi group banking as something distinctive from either branch or chain banking, the re-
 port found that the collapse of the Detroit organizations could not be attributable either to the stock market debacle, the depres- sion, the banking holiday or the Constituency, competency or hon. esty of the persons controlling these institutions"
 Prior to the Detroit collapse, it said, many competent banking au- thorities favored group banking as i practiced in Detroit. But it added, evils and abuses uncovered at the inquiry impelled the conclusion that centralized control of unit banks possesses inherent latent deficiencies and dangerous poten- tialities which inevitably become patent when the system commences to function" The committee found that unit banking of all sorts carries much the same dangerous potentiali- ties" The weaknesses, 1t added, were not to be considered as con fined to the Detroit situation. Highlights of the practices re- vealed in Detroit were sketched as | undue concentration of control | drainage of unit resources to main- I tain a group dividend policy, win dow dressing," false, confusing and
 unintelligible reports, loans on
 group stock and loans to officers, | listing of stock on exchanges and
 dubious ability to impose the dou-
 ble liability on holders of stock. | "The most patent deficiency of group banking," the report said
 is that the group is only as strong | as it's weakest unit. Loss of con- fidence in one unit necessarily oc- casions diminution of trust in the
 affiliated units. The group compan- | ies must strain every resource to
 maintain public faith in all the
 units. including the parent com 1 pany."
The Waterbury Democrat., 1934-09-17
Brilliant Young Director At Roxy Heater Is Suicide

life was found almost 120 feet from the body. It apparently had been damned into, the ground as the barrel was plugged with wet dirt. Authorities believed it had been hidden by someone, probably for religious reasons.
 There were rust marks on the weapon and on the palm of Eddy hand. which bore the imprint of the hanule. The gun was examined who might have removed it after he had shot himself. Authorities accepted the suicide decision ot Medical Examiner pr H. R. Delucia but were interested in knowing who might have first come upon the body and sought to give the death an appearance of foul play.
 According to police grief prompt. ed the act. Joseph related his brother apparently had no financial worries. seemed well supplied with money and owned an expensive automo bile. which he gave him Sat urday. Roehrich also received from Eddy a gold watch, chain and knife. which he asked be given his brother.
 Roehrich said he had been or- dered to supply the graves with fresh flowers every week and Eddy paidy his bill Saturday, before pen ming the second note in his shop.
 Eddy played in vaudeville and motion pictures since he was l? years old. He appeared at 17 in a motion picture with an Elsie Janis company and played headline vaudeville throughout the country for many years. He played violin in local theater orchestra before going to New York and to Roxy's.
 His survivors are his brothes. his widow. Mrs Margaret Gemarco Gargiulo. Brooklyn. N. Y.. and a son. Frank, t2, now attending q Baltimore military school.
The Waterbury Democrat., 1934-09-17

z Srratford, Conn.,, Sept. 17.-(UPl The brilliant career of Edward Gargiulo, 31, known to theater- goers as Wesley Eddy, promising young master of ceremonies at Roxy's thcater. New York, had ended today at the grave of his parents.
 Unable to bear the separation from his father and mother, for whom he bore great affection and who died several years ago. Eddy committed suicide in St. Michael 7 cemetery Sunday by shooting him. self through the head. His body. lying face down across the two graves, was found by mushroom picker. A 32-calibre slug had pierced his brain.
 A special delivery note was re- ceived by his brother, Joseph. later in the day. It read: Please see that I am buried right away next to our dear mother"
 A second note. given Charles Roehrich. q florist to be delivered to Joseph contained ten dollar bill and read:
 "Joe: Here's the balance and the receipt for the insurance. It's okay. Take care of yourself. Watch out :or everything. l love you. Eddie '
 Eddy's mother died in 1926. He was deeply moved and brooded con- stantly, his brother said. After the death of his mother in 1881 he was given 10 spells of despondency He often visited the cemetery kneeling beside the graves and weeping for hours. Late Saturday he talked with his brother of hts plans to again conduct his own company of GO known as Wesley E,sdy and his Gang" at Roxy'e. There was nothing in his manner. Joseph said. 10 indicate he planned suicide.
 The gun with which he ended hiA
The Waterbury Democrat., 1934-09-17

feasible. It is reasonable to be- iieve that with the refunding oper- ations carried to completion the credit available for business and industry will automatically expand to a volume sufficient to provide for all productive and. distributive requirements.
 Finally, before we become too greatly disturbed over the price level of government securities, fl might be just as we'll to remember that in the deflation period of 1920, government bonds sold in the low sos"
 Asserting that 1t is time to pull together, MT Revere .deplores the activities of those persons who are indulging in vituperative criticism of government. These 'explo- sitions"" are not only futile, he be- lieves, but are helping to destroy the one element of which the coun- try stands most in need-confi- dence.
 Tt is just as well for restive citizens to remember that the pres- ent administration is in power for at least two years, and perhaps longer" he says. Tt is the only government we have, and invectives against an alleged communistic ten- dency and flirting with imitation probably do more to destroy con- fidence than any act by Washing ton. In this connection, we make the timid suggestion that it might not be a bad thing if the number of official spokesmen in Washing ton were limited to the very few in high authority and if their ut- terances shauld be given careful prior examination with regard to their effect upon a distraught na- tional psychology"
The Waterbury Democrat., 1934-09-17
BY ELMER c. wALzER

lDn1te0 Press F1uaucxut EUAtUEl New York, Sept. IF - (UP) = The stock market went through another sinking spell today that brought 1t to within a shade of its How mark for the year, then rallied and closed irregular.
 Trading was dull all day with the lightest volume on the recov- cry from the lows. Tickers barely moved in the last hour. During the period of decline ! dozens of issues made new lows for the year at losses ranging to more than 3 points. Both the United States Steel issues made new lows as did such stocks as Allied Chemical, most of the util- ities, Pullman, U. s. Industrial Alcohol, National Steel, United
 Aircraft and American Locomo- tive.
 The railroad and utility averages got into new low ground for the
 year but the industrial average held about IF points above It's low. On the rally farm equipment
 made good gains on rising grain
 prices. Steels came back somewhat and so did rails. Many of the
 utilities ended the day with small gains.
 Silver issues were strong throughout the session with U. S
 With U. s. smelting the leader. The latter touched 114 1-2 up points.
The Waterbury Democrat., 1934-09-17
Emma Thulin Weeds
 Local Doctor In N. Y.
Ceremony Held in Portchester Last Year-Testi-
 monial Planned for Rev John Burke
THOMASTON
Correspondent, F. 0. Flynn-Phone ss5 or 46-3

Announcement is made of the marriage of Miss Emma Leone Thulin and Dr Benjamin Sachner both of Thomaston. The mar riage took place September 1,
 1888 at Portchester, N. Y.
 Mrs Sachner is the daughter of Mrs Peter Thulin. she graduated from the Thomaston High school and the Hartford Hospital Train ing school, for the past two years she has been school nurse in Thomaston resigning last week. Dr Sachner is the son of MT and Mrs Leon Sachner, he attended the Santa Monica High school in Cali fornia, and is a graduate of the Norwich Academey and Dental college, of the University of Mary land. He has also taken a post graduate course at Forsy, the Den tai Infirmary in Boston, Mass. and is practicing dentist m Thomaston, having an office in the Lipman block. pr and Mrs Sach- ner plan on making their home in Watertown. . Two Importion Meetings Planned
 Rev John McGrath, pastor of St Thomas church announced from the alter at both masses Sunday that the St Thomas church and the Atlantic Council Knights Of Columbus would hold a carnival jointly in the near future. Mem
The Waterbury Democrat., 1934-09-17
LIQUOR LAWS ARE
 UNDER PROTEST
fcnntinued from Page U

(Continued from Page 1.)
 room is also conducted these or- ganizations are not permitted to operate and dispense beer to bona fide members.
 Within the past few days several of the clubs have been obliged to surrender permits under which they have been operating. Water bury has experienced such ln- stances and an appeal to the su- perior court from the ruling of the liquor commission is now pendlng.
 Attorney Hummel Presided.
 Attorney Albert Hummel of Waterbury presided yesterday as temporary chairman and Lotus Lehr of New Britain, acted as secretary. It was estimated that the combined organizations repre- sented have potential following of over 50,000. \.
 The main argument offered IS that a man of wealth or more than the average weekly income haa the necessary means Of becom- inR affiliated with a club that boasts of a dining room or grill and consequently is in a position to have his beer whenever he de- sires. The membership of an or ganization that is not so well en- dowed with financial means and regardless of the idea for which 1t was organized, must do with out any refreshment concessions.
 Old Permits Are Gone
 The fact is emphasized that scores of clubs now embarrassed by the liquor commissions ruling have had permits to sell beer for many years. The new enforcement consequently has aroused consid- erable ill-feeling.
 Another meeting will be held in Waterbury on Sunday, September 3Oth, at which time a permanent state organization is expected to result. A statewide campaign will be immediately launched to obtain expressions of opinion from the leaders of the republican and dem cratic parties. A demand will be made formally for straight-from- the-shoulder opinion of what IS contemplated as regards to the fu | ture of the so-called working man s club which incidentally contributes much to the social and education al life of the communities. in which they are located.
The Waterbury Democrat., 1934-09-17
NEW YORK BANK
 STOCKS DECLINE

New York, Sept 17-New York
 City Bank stocks further declined
 during the past week. with the result that the yield on the aver are IS now over 6.4 per cent. The arQre9ate value of sixteen leading Issues totaled $1,247,605.000 on September IA, as compared with S1.326,409.0 .000 at the close of the 1,revious week. a decrase of $7S.- 204 .0O, or 6.94 per cent. The cur renf { average yield of the sixteen iks,1es of 6,4I per cent. compares with a yield of sos per cent. on se pfernber [. The current marke; vsiue js DOW l.02 t'mes tho'r known book value, compared with 1.O3 times on septeniaer '. and 6ased upon current figures the sig fecr isslles are now quoted at an Sverare of S.9 times their known safnInss. aEainst s.6 times . week
The Waterbury Democrat., 1934-09-17
NEW YORK HAS
 RELIEF PUZZLE

New York, Sept 17-(UP)- City officials went for a solution of an aminous relief crisis today to business and industrial owners whose opposition to Mayor F. H. Laguardia's business receipts tax of i per cent temporarily crushed all city unemployment relief. Pri- vate relief agencies mobilized to save more than 100000 from hunger. Sidetracking of the busi- ness tax Friday by the board of aldermen caused Welfare Com missioner William Hodson to strike 100000 families from the relief rolls, and today protest meetings of relief recipients increased. Pri- vate agency heads were openly irked by the situation but offered quickly to place their slim funds in the breach for as long as they would last.
The Waterbury Democrat., 1934-09-17
MILLS OF CONN ARE REOPENING IN ALL SECTIONS
Soldiers Are on Guard in the Zones That Were
 Causing Trouble
(By United Press)

Connecticut's most important strike zones, at Putnam and Danielson, under surveillance of national guard troops, remained or derly today as labor organizers pressed plans for relief of thou- sands of pickets. The plant of the Bedding g-Hemingway-C -Corticelli Co.,, at Putnam, reoponed today and about 100 reported for work. less than half the usual number. A downpour of rain brought fewer pickets to the mill although rogan- izers promised stronger picket lines later in the day. State Labor Con- missioner Joseph M. Tone, personal representative of Gov. Cross. was al hand when the mill opened. observ- ing the conduct of pickets and workers. His report of conditions in this area will determine whether troops will be withdrawn.
 The United Finishing Co.,, at Mechanicsville, also reopened. Two other mills, the Putnam Spinners and Perfect Spinners, at Putnam, announced they would reopen to- morrow. At Sterling. where two companies of troops were, rushed
  ble with flying squadrons. the set. ting continued peaceful. Two com panies were held at Hartford and another two at New Haven to be rushed into the strike center, if necessary.
 A protest against the presence of guardsmen was made Sunday by Charles w. Philbourne, president of the state council of the United Textile Workers of America, speak ing at a Norwich, mass meeting he declared fuse of state troops is not needed, as all striking pickets will be handled in orderly fashion"
 A committee was appointed to handle a statewide relief drive for funds. The group will meet at Hartford Thursday with American Federation of Labor officials Thomas McCary, New London, was named treasurer of the drive. The situation at Danielson. where the most serious rioting occurred early
The Waterbury Democrat., 1934-09-17
HEREINAFTER CRUMBLED

Cleveland (UP)--Crumbling of the Edgewater breakwater. built originally at $500,000 cost, has left the yacht club of that name with channel little deeper than two feet in spots. through filling in of sand and sludge.
The Waterbury Democrat., 1934-09-17
INSURANCE STOCKS
pIrpI1c, I1rIIITY <

last week, resulting in the first call for troops. was unchanged. Work CTS were permitted to return to their looms at the Powdrell & Alex ander Curtain Co.,. without inter- ference from pickets.
The Waterbury Democrat., 1934-09-17

HOME LOAN BONDS
 Bid Asked Home Owners Loan As 1851 95 8-32 9516-32 Home Owners Loan 3's 1852. 958 8-32 95 16-32
The Waterbury Democrat., 1934-01-30
". E. Y. Sports

A record breaking crowd is ex- pected to witness the final games of the first round of the North End Y. Inter-Club Basketball League which will be run off on the Branch playing surface tomorrow night. The main clash of the evc- ming will be staged at 8 o'clock when the North End Y. Hillies will endeavor to push the Colonials down Into the third position. The Colonials have been working hard under the tutelage of Bill Schneid- CT and with Ettore spadola. Mich- ael Candido, Tap Thompson and Larry Shanny in regular position, they expect to make things inter- esting for the re-vamped Hlllies. Tho Paiadino men will again see the services of Stretch Bellotti, Baldy Miller and Izzy Shapiro, who have just rejoined their team- mates.
 At . o'clock. the North End Y. Colts are going to try 10 push the North End Y. Eagles down q notch Al the final standing in tho first relnd. The Colts, having Larusso, who ls leading tho ienguo scoring with a2 points can count also. on the services Of Bovine aud Peaches.
The Waterbury Democrat., 1934-01-30
PILKINCTON TO
 PROMOTE BOXING

Meriden, Jan. 30-Charlie Pill kington, who was prominent as a featherweight flash" just when Louis (Kid) Kaplan began to as- cend the flstic horizon, and who Is now state boxing referee, will try his hand at the promotorial end of the sport when he revives amateur boxing here on Thursday night, February 8th, with a pro- gram at the city hall auditorium.
 The simon-pure sport flourished here in the summer of 1929, when Donnie McMahon was promoter, but was forgotten until the fall of 1882, when three shows "fopped." The sport was brought back last summer and fall bit was again abandoned because of poor finan- cial returns. Pilkington hopes to succeed where his predecessors failed, and will offer program featuring some of the states best boys. One of his features will be a match between Joey Rosia of New Britain and Larry Teene of Southington.
The Waterbury Democrat., 1934-01-30
STAR GOLFERS AT ACUA CALIENTE
 FOR FINAL BID

Los Angeles, Jan 20-(UP)- Golfdom's ringleaders headed for the Mexican border today for the crowning event of the southern California winter gold trail. the $7,50O Agua Caliente open which starts a run of four days tomor- row.
 The Agua Caliente which began as a $25,00O event, the biggest in golfing history, will be worth $1,- 500 to the winner this year. Second place will carry a prize of $1,OOO, third, $500, fourth, $700, and fifth, $6O0. There will be prizes in all tor the first 25 players, the small est receiving $60.
 Many On Hand
 Tourney officials announced pairings today for the first of the four 18-hole rounds. The field is composed of 175 players, the larg- est in the tournaments tive-year history.
 First to leave the tee will be Denny Shute, British open cham pion, Leo Diegel and Bobby Cruik- shank.
 Another important ehreesome will be Horton Smith, Macdonald Smith and Al Espinosa, while di. rcctly behind them come Paul Runyan, Craig Wood and Joe Kirk wood.
The Waterbury Democrat., 1934-01-30
POND AND STAFF
 TO BE NAMED AT
 YALE TOMORROW
Such Is Current Report on Eli Football Situation
 One Year Plan?
BY JACK CUDDY

United Press Stan Correspondent)
 New York, Jan 30-The tele- phone tangled. Hello! hello!" said the voice excitedly. Lit was an old Yale grad calling from New Haven. "I've got 1t this time straight from the feed box"
 With a yawn the writer said he must have the wrong department becauce certainly there was noth- ing in sports right now that would give off a calory of heat.
 "I'm trying to tell you," insisted the ancient Eli, 'that they're going to appoint Ducky Pond head foot ball coach at Yale tomorrow or the next day"
 The writer said, Cor the next day or the next day. Say how long is this Yale thing going on? In the last couple of months you fellows have almost appointed everybody from Harry Kipke to Kinrey Mat suyama."
 The old grad was aggrieved. "I'm telling you this is positive," he insisted. "Ducky Pond goes in tomorrow or Thursday. This is al- most the same as official. From someone on the inside. The whole staff of assistants will be an- nounced too"
 He explained the situation as follows: Malcolm Farmer, grad uate manager of athletics, will recommend to the board of ath- letic control the name of Raymond w. (Ducky) Pond, Yale football hero of the 1923 and 1894 sea- sons, to succeed last years head coach, Reggie Root. He also would recommend the assistants. All Set
 The board of control was cer- tain to pass the recommendations because of it's 12 members, eight were from the faculty which fa- vors the continuance of Yale grad uate coaching, rather than a non- Yale coach the alumni have been demanding.
 The assistants will be Benny Oosterbaan, former Michigan star and varsity coach; Jack Blott, Michigan line coach, and Earl (Greasy) Neal of West Virginia Wesleyan. These assistants were lined up last week when Farmer and Pond made 8 trip to Michigan and West Virginia.
 Experienced
 Pond, since graduation haS been assistant coach of football and base ball at various times. He was men, toned prominently for the head coaching job when Nal Stevens re- placed Tad Jones, and also in the fall of 1892, when Root replaced Stevens.
 This coaching set-up will be an emergency measure, destined to last only for the years 1884, the alumnus emprasized. 'The reason they're bringing in. Oosterbaan and Blott from Michigan is to pave the way for Harry Kipke, Michi- gan's head coach, to come to Yale next year. Remember that's the way Stanford did--brought out Andy Kerr and Tiny Thornhill the year before Pop Warner went there."
The Waterbury Democrat., 1934-01-30
This, That And The Other

Gratitude to my friends of the Watertown Golf Club for their recent courtesy Maxie Rosenboom should retain his title against Joe Knight Thursday But if it's close the title will change hands, know southern sock stuff Watch Wilby try to Naugatuck ragged night when the rivals meet for shooting will be secondary to speed the dope runs now Wonder what's become of genial Jim Phillips the wrestling match
 maker who could territory in hour that some of his rivals could get around in day. Alex Mcdonald, nicely after little cutting up. Johnny Kid" Burke has rejoned the Bender Big Five and will be much in and the Trojans successive nights. Crosbys swim ready for the invasion of South Manchesters Friday night. Things looking better for Abe Burke who may grace the Fordham freshman foot ball squad season. according to current report and the recommendation of Ted Rourke the Wiby teacher who knows young talent when he sees it.