davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1934-08-14

It seems that Acosta was re-
leased from the Jail on July %,
after serving a short spell for dis
orderly conduct. Last week he
came back to ask the sheriff for
the loan Of the car, so that ne
could get job.
The sheriff said he allowed Bert
to take the car from his home on
the promise that he would return
it by Saturday. But neither
Acosta nor the automobile put in
an appearance at the scheduled
time. ,
Acosta, who piloted Admiral
Byrd across the Atlantic, has been
in the newspapers frequently IN
recent years.
The Washington times., 1934-08-14
Womsn's Party to Seek Support
Or President Roosevelt for
Equal Rights Amendment

return tomorrow or next day
from a visit to her native State,
West virginia.
Mrs. Yost left Washington
last Friday planning to go to
her home in Fairview, w. Va,
to attend a family reunion.
While in the State she will at
tend meetings of various Re-
publican groups, among them
a meeting yesterday at Hunt
ington and one today at Mil
ton.
The Washington times., 1934-08-14
SHERIFF SEEKS
ACOSTA, AUTO
MINEOLA, N. Y, Aug. IA
G.N.SO.-Somewhere on the royal
highroad to somewhere today
rides Bert Acosta. transatlantic

IlleF, III oil duGO-
mobile belong
ing to the local
Jail house.
The famous
avia tor, who for
years has been
getting in and
out of trouble,
borrowed the
v e hicle last
W e e k m
Sheriff David
Bows , of Mas
sau coun t y.
And now the
sheriff wants it
back.
The Washington times., 1934-08-14

MRS. H. E. WOOLEVER
National secretary Of the Wo-
mems Foreign Missionary So
ciety of the Methodist Episcopal
Church of North America. Mrs.
H. E. Woolever, of Washington,
is busily making arrangements
for the organizations biennial
convention which will meet at
the Foundry Methodist Episcopal
Church, Sixteenth and P SITS. N.
W., from October II to 81.
showed that Miss Loretta Cum
bingham had been chosen to
serve as alumnae adviser.
The Washington times., 1934-08-14

T Members of the executive
board of the National Woman'S
Party are drawing up a petit
ton to present to President
Roosevelt asking his support
for the equal rights amend
ment to be introduced at the
next session Of Congress.
Briefly, the amendment will
read:
THAT men and women shall
have equal rights throughout
the United States and all ter
ritOries under its Jurisdiction"
The party feels that, since
the equal nativity bill has been
passed and the equal nativity
treaty has been ratified, the
next step is the recognition by
Congress Of the absolute equal
ity Of men and women.
According to headquarters of
the league here, the party is
organizing a nationwide cam
paign to bring pressure on Con-
greSs for passage of this act.
Mrs. Yost Returning
Mrs. Ellis Yost, director of the
woman's division of the Repub-
lican national committee, will
Evening star., 1934-11-25
TIRE EXPORT TRADE
MOUNTS % PER CENT

The share of the United States in
the worlds tire export trade increased
to % per cent in the first nine months
Of the current year, compared with
81 per cent and % per cent, respec-
lively, in the corresponding periods of
1888 and 1882, the Commerce De-
partment reports.
Shipments of this commodity from
principal manufacturing countries in
the January-September period of
1884 totaled 4,110,000 units, against
4,155,OOO and 1886, 900 units, respec-
lively.
Principal exporting countries listed
in order were: Great Britain, the
United States, Canada, France, Bel
GUM and Italy.
Evening star., 1934-11-25
Aduance of Corn and Decline
Of Wheat BelUilders Traders

Compared to a week ago, wheat in
Chicago was 1Hs-27s cents a bushel
lower this morning, with corn varying
from unchanged figures to a rise of
cents, oats "a off to Il up, and
provisions 10 to Is cents down.
Dollars -bushel corn in Chicago
accompanies persistent scantiness of
receipts, as we'll as decreases in visible
stocks at a time when usually ter
minal supplies are rapidly piling up.
Meanwhile, rural feeders continue to
pay above terminal prices for corn
in most parts of the corn belt, de-
spite some imports of feedstuffs pene-
trating from Canada to Chicago and
from Argentina to st. Joseph, Mo.
Danger of speculative air pockets
resulting from such imports arouse
only deriSion among numerous traders.
Domestic primary arrivals of oats
are pointed to by traders as being
pitifully small.
Provisions have been weakened by
enlarged receipts Of hogs.
Evening star., 1934-11-25
GAINS MODERATE
IN j. s. BUSINESS
Favorable Volume of Trade
With Industrial Activity
Slightly Better.
BY the Associated Press.

by Lne ASSOCldtcO FIcSS'
Available data assembled by the
Commerce Department revealed fur
ther moderate gains in domestic busi-
ness activity during the week ended
November II. Retail sales reports
showed the maintenance of a rela-
lively favorable volume of trade; in
dustrial activity was slightly better,
and the construction industry pro-
vided some evidence of renewed ac-
tivity.
A broadening of the industrial de-
mand for electric power is evident
from the statistics for the week, as
the gain over the preceding week was
substantially above the usual seasonal
increase. Power output was as per
cent higher than a year ago, with
the Southern area reporting an in
crease of 16 per cent. Steel mill
operations have advanced to about %
per cent of capacity, with additional
support anticipated from the auto
mobile industry when activity Is re-
sumed on a broader scale next month.
Automobile assemblies held steady
as one of the leading producers con-
tinued to turn out 1884 models. Cot
ton cloth production has been main
tanned close to 125,000.000 yards a
week for nearly a month. This repre-
sents the highest rate OF production
since last Spring. Bituminous coal
production increased during the week
ended November 10, while lumber pro-
duction was lower.
Wholesale prices averaged slightly
higher than in the preceding week.
according to the Bureau Of Labor
Statistics index. Prices of farm prod
ucts continued to improve. while food
prices declined. Increases were re-
ported also for the fuel and lighting,
chemical and drug and miscellaneous
grOupS,
Evening star., 1934-11-25
AUTO MAKERS EXPECTED
TO AID BUSINESS MOVE
,y the Associated Press.

BY the Associated Press.
NEW YORK, November 24.-From
now on the motor industry is expected
to give business more support. Auto
mobile manufacturers are getting into
swing on production of 1885 models.
The move to stagger introduction of
new models, as announced recently by
leading companies, will tend to iron
out the usual sharp year-end upturn
in automobile output, according to
motor observers.
Nevertheless, motor sources have
been increasing their demand for steel
and other materials for 1885 manu-
featuring programs. Such demand
should grow into the Spring months,
It was pointed out.
Evening star., 1934-11-25
j. s. MAY REQUEST
POWER RATE LAW
OF NEXT CONGRESS
Legislation Expected to Curb
High Cost in Interstate
Transmission.
BY the Associated Press.

By the Associated Press.
Influential Government experts
studying the electric power situation
! may recommend some Federal rate
legislation.
They do not feel they can go far
on rates, as that is largely a matter
for the States, but where power is
transmitted across State lines, they
believe the Federal authority may
enter by establishing what are known
as gateway" rates.
High Prices Paid.
This would be where power is moved
from one company in one State to an
affiliated company in another State
In some cases. an expert pointed out
privately, it appears that the company
receiving the power will pay a high
price for it, thus requiring similarly
higher rates to consumers in the re-
ceiving State. Federal supervision
might be called upon in such situa-
ton.
The problem develops when both
COulpdlllcS are CUllJI OllcQ Uy OIlt IlOlu-
ing company. The transmitting COM
pany, for reasons of State legislation,
may sell its power comparatively
cheaper within the first State. and
then charge high rate to its affiliate
company-since the earnings of both
companies go into the holding COM
pany pool.
Lower Rates Pressure.
The setting up Of yardstickS, how
ever, in Government-owned power
operations is expected by this expert
to be much more important. The
theory is that the mere public knowl-
edge of the comparative rates would
arouse sufficient pressure to force
lower rates.
The entire problem awaits an au-
thoritative determination of what
utility rates are throughout the coun-
try. This information is expected
from the Federal Power Commission's s
survey.
A prime difficulty in finding whether
rates are high or low is the fact that
some companies have much greater
debt burdens and therefore need the
higher charge.
Evening star., 1934-11-25
WEEKS TRADING
IN BEST AVERAGE
HIT SINCE AUGUST
Market Moves Out of Mar.
row Range, Prices Gen.
orally Advancing.
BY CLAUDE A. JAEGER,
Associated Press Financial Editor.

NEW YORK, November 24.-The
stock market pushed out of its narrow
| trading range to record the best av-
erage level since August this week.
Corporate bonds generally were re-
dictionary early in the week, but later
Joined the advance in shares. Gilt
edged issues remained firm through
out the period, and United States
Governments recovered to the best
levels since Summer.
Commodities were mixed, but corn
managed to push up nearly 3 cents
a bushel for some deliveries, to the
highest price in four years. Wheat
rand cotton moved narrowly, the
former showing declines of 2. to l
cent bushel for the week, and the
latter gains of Is to As cents bale.
Reports Encouraging.
Wall Street was cheered by further
reports of expanding retail trade, and
additional slight gains in industrial
production, notably steel. Uneasiness
over the position of the utility issues
subsidized somewhat after last week S
slump, and they recovered moderately
after further selling, particularly in
bonds. The ordering of another
regular quarterly dividend of s2.25 by
American Telephone was reassuring
factor.
The furry of uneasiness over the
position of the European gold stand
ard currencies appeared to have sub
sided rather definitely for the mo-
ment at least, and exchange rates
showed little change during the week.
Gold, however, continued to pour into
New York from abroad.
Railroad stocks and bonds had a
sinking spell early in the week. giving
rise to further discussions of the pos
sibility that a few more heavily in
debted carriers may be reorganiZed
Jesse Jones. chairman of the r. F. c.,
however, in New York to urge cred
itors of the already bankrupt Mis-
souri, Pacific to draw up reorganiza-
ton plan, said that he did not know
Of any further plans at the time to
put railroads through the Wringer.
Center in Industrials.
The activity in shares centered in
the industrials, and much of it was
regarded as of a distinctly profess
sional character, but, nevertheless,
more than two score issues were
pushed up to the highest levels for
1884.
The Standard Statistics Co. index
for 90 representative shares rose 20
points during the week to 74.6, the
best level since late August. OF the
80 shares, the SO industrials taken
alone advanced 25 points to 89.l, the
best level since mid-July. The 20
rails more than recovered the losses
of early in the week, and closed at
37.4. up OF, and the highest in a
fortnight. The 20 utilities dropped
to a low on Monday, then little
more than recovered, closing today
at $40, up IL from a week ago.
The price index of go corporate
bonds lost 04. of point early in the
week, then recovered as much, finish
ing unchanged from week ago at
843. The 20 utilities. at 1871, showed
decline for the week of OF, while
rails little more than regained an
early sag, and industrials worked
slowly but almost steadily higher.
Evening star., 1934-11-25
Half of Loss in Depression
Said to Haze Been Regdined

the crisis" he said. "but has in
variably Jagged behind other groups
in enjoying the fruits Of recovery"
Labor's only gain through depres-
sion has been shorter working hours
Stewart said. but he looked upon
that as a mixed blessing.
ITO a certain extent this un.
doubtedly represents a net gain" he
said, for there is little likelihood
that any nation will return to a long
working day. But for the time being
it not only means a serious loss OF
income to the working class as a
whole. but has greatly added to the
anxiety and uncertainty Of the pc
Rod"
Evening star., 1934-11-25
OPERATING BANKS
WILL SHOW LOSS
873 Are Placed in Either
Liquidation or Receiver
ship for Year.
BY CHAS. p. SHAEFFER,
Associated Press Financial Writer.

Statistics show that a sharp reduc-
tion in the number of banks operating
in the United States has occurred
during the present year.
Up to the end of October. 873 banks
were placed in either liquidation or in
receivership. while a total of 275 were
described as not licensed" This lat
ter category includes those institutions
operating on a restricted basis.
Banks in Operation.
At the present time there are IS, ,489
banks in operation throughout the
country. of which 1924 are licensed
to operate on an unrestricted basis
Broken down into the various clasSi-
ficationS. it is found that there are
5,472 national banks operating 100 per
cent with Is in the unlicensed class;
973 State banks operating unrestrict-
edly with 6 on the unlicensed list
and 8.769 non-member banks other
than mutual savings operating fully
with 254 unlicensed.
During the first 10 months OF this
year. 378 national banks were placed
in liquidation or receivership.
For the purposes of comparison,
there were operating in this country
a total of 1873 institutions of all
classes at the close of the fiscal year
1922 far cry from the peak total of
30,812 at the close of 1921.
Rural Banks Mostly Fail.
The American Bankers Association
declares failure problem has been
chiefly one of small rural banks
Offcial studies over the last decade
discloses that very heavy majority
of all the banks in the United State
are in small towns and have an aver
age capital of about $4,000. It is
among these that most of the failures
have occurred.
Evening star., 1934-11-25
By the Associated Press.

BY the Associated Press
NEW YORK. November 24.-Indus-
trial production indices show that
nearly half the ground lost during
depression has been regained." Max
well S. Stewart, associate editor of
the Nation and a former economist
for the Foreign Policy Association,
declared today.
While industrial gains approach SO
per cent, Stewart told conference
of the international Industrial Rela-
tions Institute, the total Of world
unemployment has not been dimin-
ished by more than Is per cent"
Labor not only has suffered more
than its own share in the depth of
Evening star., 1934-11-25
Stock Exchange Has Problem
In Establishing Lou Prices

with Federal regulations, the exchange
may, however, without accepting re-
sponsibility for accuracy. approve
sources to which brokers may look for
their lows.
Thus far three lists compiled out
side the field of the daily newspapers
have been accredited. The exchange
has taken the stand the newspapers
may receive similar approval by pub
fishing monthly tabulations. The
three agencies furnishing accredited
lists have been settling differences
among themselves to arrive at a uni
form low price. A
Evening star., 1934-11-25

bert, a local attorney.
Mr.. Scharf was felicitated for his
long and efficient service to the Sec
ond National Bank. The hope was
also expressed that he will serve the
same institution many years longer.
At the conclusion of the program.
he was presented q secretarial desk by
his associates In the bank, for which
he expressed deepest appreciation.
Evening star., 1934-11-25
UNUSUAL REACTION
IN COTTON MARKET
Prices Advance, Although
Notices of Delivery
Are Posted.
BY the Associated Press.


Although notices Of actual cotton to
be delivered on December contracts
were posted on the New Orleans mar
ket at the week end, prices advanced
in an unusual reaction to close the
December option at 1882 cents a
pound, compared with 1890 week
ago.
Notices will be issued at New York
on Monday, but if they are as COM
paratively small as at New Orleans
it will appear that previously heavy
December liquidation has left the mar
ket buoyant and ready to absorb Of
fers.
Wind Up With Same Price.
The trade said the switching of De-
cember futures into later months pro-
vided a large percentage Of the trad
ing, and the contract wound up the
week at 1929 cents a pound, the same
as the week before.
The average cash price of middling
z inch cotton was 1245 cents a
pound, compared with 12.48 last week
and $50 year ago.
According to the Federal Division OF
Cotton Marketing the principal factors
tending to sustain prices included the
continuance Of holding movement
among producers. the small crop this
season, a continued rate of mill ac-
tivity at levels above year ago and
reports of higher prices for Indian
cotton.
Counterbalancing Influences.
Counterbalahcing influences were
restricted purchases for domestic and
foreign mills, lessened activity in cot
ton cloth markets and some weaken
ing in gray goods prices. and con-
tinued low exports along with de-
cline in prices of other commodities
and securities.
Evening star., 1934-11-25
OILLEADERS TO MEET

NEW YORK. November "a R.-
Meetings of various representatives of
the major oil companies will be re-
sumed on November 2S for the pur-
pose of taking up again the questions
of margins to dealers on gasoline and
differentials between branded and un-
branded gasoline. Several sessions
were held at which this subject was
discussed prior to November 8.
Evening star., 1934-11-25
BY the Associated Press.

BY tne hSSOCldteu FIeSS'
CHICAGO, November 24-With
corn prices kiting and wheat prices
tumbling, many grain traders just
now are a bit bewildered.
Vast shortage of feedstuffs in the
United States owing to crop failure
west of the Missouri River and be-
cause of relatively small yields to the
east, leading authorities assert, go
far to explain the action of the
corn market. Most observers say
the opposite behavior of wheat values
here is largely due to the fact that
Liverpool wheat quotations have de-
clined every day for 13 sessions ex-
cept only two days.
Unusual selling pressure from
France, together with evidence that
surplus stocks of old wheat in Argen-
tina and Australia are much larger
than supposed, give at least some clue
to what is happening at Liverpool,
where measured In gold wheat has
this week reached about the bottom.
most level for many years.
Evening star., 1934-11-25

ing. The affair
was in charge of
the Second Ma
tional's Employees
Club.
A m ong the
speakers W e r e
Victor B. Deyber.
president of the
bank; william M.
Hannay. another
IL e president.
and E. F. Cola
day, the banks
trust officer and
attorney. T h e
chief speaker was
William G Tor
Evening star., 1934-11-25
BY the Associated Press.

by hSSUVIdVcU
NEW YORK, November 24.-The
Stock Exchange has discovered it has
a tough nut to crack in the matter
Of approving sources of low prices to
serve as a basis for calculating mar
gins under the Federal Reserve re-
quirements.
The exchange never has accepted
responsibility for the accuracy of the
quotations appearing on the ticker.
Recognizing the human tendency to
err occasionally, it thus has avoided
the possibility Of suits growing out
Of ticker inaccuracies. 4 In accordance
Evening star., 1934-11-25
Rural Banks Mostly Fail.
MOODY'S INDEX SHOWS
RISING BUSINESS TRENDS

BY the Associated Press.
NEW YORK, November 24.-Statis-
titcs appearing during the past week
indicated a rising business tendency,
according to Moody's Index figures for
freight car loadings. electric power
production. and steel ingot output.
These index figures are adjusted for
seasonal variation-that is. if the
change from the previous week should
coincide with the normal seasonal
change, the index figure would be un-
changed
Evening star., 1934-11-25
SCHARF IS HONORED
FOR LONG SERVICE
Second National Bank Staff Gives
Testimonial Dinner to Vice
President.

Jacob Scharf, executive vice presi-
dent of the Second National Bank,
was rendered a testimonial dinner
last evening at the Hotel Continental,
in honor of 40 years service in bank
Evening star., 1934-11-25
NEW YORK LIVE STOCK

NEW YORK, November "a (R
Estate Department of Agriculture re-
port of New York and Jersey City
Live Stock MarkeD Sheep and
lambs, $500, all direct; markets
nominal.
Evening star., 1934-11-25

w. spad partner n w. B
president
son named president secretary and treasurer under the reorganization
brought from Detroit
and the organization includes 100 per cent OF all
smaller Head
opened here in order that the association might keep in
Spad the brokerage business 80 while
the founders Associated Stock Exchanges has
beenp
Evening star., 1934-11-25

CONTINUED on, Third Page)
Evening star., 1934-11-25
Anxiety Over Gold Bloc.

AhXItty OVer UO1u b1Oc,
That there is deep anxiety here over
the position of the gold-bloc countries
of Europe Is undeniable. Their
status is not accurately interpreted by
the amount of gold held in their CEN
tral banks. From this standpoint they
appear invulnerable. The political
and social currents in which the
French, Belgian, Dutch and Swiss
people are involved will, in the end.
determine whether devaluation is 10
lCnnfiniied an Third PAGE
Evening star., 1934-03-11

the races But every one equally believes that
you beat race-if you know how and
upon whom to bet. And the tout Is hoping
that you'll believe the latter with all his con-
spring little heart.
There are three kinds of touts, and you may
be one type of tout yourself. albeit uncOn-
Sciousy.
The first type of tout is the one alluded to
earlier. He may be a ragged stable "ginny" or
exercise boy Or he may be corpulent we'll
dressed, courtly hammered southerner who was
bon and bred in old Kaintuck Suh. Beauti-
full ladies find it pleasant and rather lucra-
tive game.
One beautiful woman has been attending the
races at Saratoga for years. She is apt to pick
her man and ask him how to read the racing
form. And then she'll tell him that certain
who said he trainer told her about
that horse. She makes money, does this lady.
with surprising regularity.
TOUTS of this type flourish chiefly because
the public demands them. No man ever
worked about a race track without being con-
stantly annoyed by friends seeking information.
These people seem to base their rather elemen-
tary reasoning powers two beliefs: That all
races are crooked and that all track men know
in advance what horse will win the race
Deny any foreknowledge of the result and
you are in danger of losing your friend. He
for you. And it is this type of person who
will place implicit faith in the most ragged of
stable boys never stopping to ask himself why
this pundt is not rich himself
II clicked this horse in 1:38 for the mile
in a secret workout-watched them hop that
horse till he'll win by block if he doesn't
explode getting to the post-saw that owner
bet one grand on this one few minutes ago."
Listen to these whispered words, brother, and
you're bound to slip.
But all touts do not hang around the pad
dock rail or mutuel windows. Far from it, in
fact, for the richest and most successful touts
never have to go near a race track. They oper-
ate through any one of a score of magazines
printed and published almost solely for their
benefit
This second type of tout works in one of two
ways Either he advertises himself as an in
fallible selector Of long shots, he announces
that he has system" for sale which has
already taken the "bookies" for millions of dol
lars
Here is the way an advertisement of one Of
the former reads:
do you want winners? Then be with me in
Kentucky!
With my entire staff right here with me
on the grounds making tabs Of the condition