davidaulloa/AmericanStories huggingface dataset:
The Redwood gazette., 1934-09-13
Society At WabassO
Has Meeting Tuesday

Wabasso-Mrs. William Stacker
and Mrs. Mary Goblirsch were host
esses to the st. Monica society at the
formers home Tuesday evening. At
ter the business meeting whist was
played. MRS. Nels Zeren received high
score and Mrs. Joseph Schwartz Jr.,
low. A lunch was served.
Mr.. and Mrs. George Hewitt and
family and Mrs. L. j. Bobsiene of
CORTLAND were dinner guests at the
home of Mr.. and Mrs. Jerome Hewitt,
Labor day. The formre's daughter,
Vera, remained here with her grand
parents and will attend high school.
Mr.. and Mrs. Harry Kuk left We'd
nesday for few days visit in the
Twin Cities.
Mr.. and Mrs. Michael Schueller ac-
companied their daughter, Dorothy,
to Mankato Monday where the latter
entered Good Counsel Academy for
the coming school term.
A history of Wabasso has been
completed.
Glen Noting, Leo Bauer and Har-
old Hanske le1t Friday to attend the
state fair.
Mr.. and Mrs. William Jasper and
Mrs. William Stacker attended the
celebration at Seaforth Labor day.
Mr.. and Mrs. R. F. Druck and
daughter, Fern, and Mr.. and Mrs.
John Zeren left Sunday via Freeport,
Illinois to attend the Century of Pro-
gress. On their return they will stop
at Milwaukee, Wisconsin for visit
with Mr.. and Mrs. George Zeren and
family.
Mr.. and Mrs. Lorenz Kratzke ac-
companied by Alfred Netzke, Clar-
ence Lange and Mrs. C. H. Andrews
went to the Twin Cities Sunday to at
tend the state fair. Mrs. Andrews ac-
companied them as far as Cologne for
a weeks visit with her sister, Mrs.
Micheal Knots.
Miss Elsie Preslicks who has been
visiting her cousin, Dorothy and Bel
va Hlavac left Wednesday to work at
the home of AL Lipetzke at Clements.
Miss Mary Schueller left Monday
to resume her teaching at the Ran
dolph Heights school at st. Paul.
Mrs. F. j. Neubauer accompanied
by Mrs. A. ]. Fritz, Mrs. Minnie
Schwahn and Mrs. Bernard Carsten-
sen and daughter, Marie, were callers
at Redwood Falls Wednesday.
Mrs. L. A. Bangerter and Mrs. Ed.
Schiffman went to Springfield We'd
nesday to visit Mrs. Gregor Wagner
at the hospital and visit at the Wal
ter Frank home.
John Zollner was q caller at Lucan
Monday.
Mrs. A. ]. Fritz went to Lambertor
Saturday morning to visit her faith
er, Fred Hausamann.
Mrs. Sylvester Zeren was awarded
the set of dishes given by the Curtis!
Show Friday evening having received
the most votes.
Hilko Lamprecht left Monday fol
Mankato to attend Teachers College
George Goblirsch, Carl Leistikow
D. E. Sinclair and L. A. Bangerte,
in company with A. F. Hassenstab O.
Redwood Falls went to St. Paul OF
business Tuesday morning.
Mr.. and Mrs. William Jasper an,
Mrs. William Stacker spent Monda.
at Seaforth.
DR.. and Mrs. F. w. Brey attende,
the funeral of MRS. Alois Brey Jr., a
the holy Trinity church at New Uln
Wednesday morning.
Mr.. and Mrs. Edw. Weldon wer
entertained at dinner at the home o
Mr.. and Mrs. Arthur Howe at Lam
berton Sunday.
Mr.. and Mrs. Howard Elliott an
son and Miss Hattie Bjorkman an
Mrs. Milo Burlett were visitors q
Marshall Wednesday.
The Redwood gazette., 1934-09-13

family, Mr.. and Mrs. Winfield Beck
er and family and Mr.. and Mrs. AL
bert Zachow and son were entertain
ed at the Herman Becker home Tues
day evening.
Mrs. Herman Becker and Mr.. and
Mrs. Charles Zachow and daughter
visited relatives in Minneapolis Fri
day.
The Redwood gazette., 1934-09-13

Mrs. Clinton Lamb were callers there
Thursday.
John Davis, son Of Mr.. and Mrs.
Charles Davis of Seaforth and an in
structor in the high school at Pipe
stone was awarded his M. A. degree
at Denver, Colorado at the close of
the summer school which John at
tended.
The Redwood gazette., 1934-09-13
WOrld-Wave

ALL WAVE MODEL 34B -
Beautiful table model-you can
receive programs from all over
the world - Europe, South
America, as well as U. S., Can
ada and Mexico. Also U. S.
programs by short-wave from
tremendous distances during
the daytime. Comes complete
with all batteries-easy to in
stall, just plug in, &zS
The Redwood gazette., 1934-09-13
Get Gysqhkwith this
ESsi1IY3:l

ALL WAVE MODEL BAL -
Think of it-no matter where
you live, even if you have no
electricity, you can enjoy pro-
grams from Europe, South
America, all the world, as well
as regular U. S. programs,
coast to coast. And besides,
you can get many U. s. pro-
grams by short-wave at times
when you could not hear them
at all on regular long-wave
broadcasting. In handsome
Lowboy cabinet Of hand-rubbed
walnut, complete with batter
les. &06
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-07
GERMAN MOTOR
DEMAND GOOD

Demand for automobiles in
Germany is increasing at such a
rate that factories have been I'M
able to keep up with the demand
and some firms have had con-
siderable difficulties in making
deliveries. Preliminary reports
for April indicate, according to
the German Institute for Bust
ness Research, that the number
of passenger cars licensed for use
per working day reached a higher
average than for any month
since 1928.
At the same, time truck sales
have improved to such an extent
that preliminary April reports
show that the number licensed
was almost 100 per cent above
year ago and was the highest for
any month since May, 1880. A
total of 1880 new passenger
cars and 100 trucks were sold
during April, compared with g.
1876 and 1890 in March.
There was a daily average Of
521.8 passenger cars licensed for
use during April, compared with
1854 in March, 1921 in Febru-
airy and 1905 in April, a year
ago. Corresponding figures for
trucks we're TOT, 1915, 43.1 and
37.1.
These figures, however, do not
fully reflect the demand which
was evidenced in April. Because
Of the difficulties in meeting the
demand and making deliveries,
some of the orders placed in
April could not be filled for some
weeks, so that May statistics will
partially reflect April business.
In recent years, the peak has
been reached in May, with ex-
ception of last year when June
was the peak month. Already
this year, however. the statistics
are far in excess of the previous
peaks and during the course Of
the season a further increase in
the number of cars licensed is
expected. The April figure of
521.8 compares with the 1888
peak in June of 1928. In the
three previous years. peak was in
May as follows: 2O3.3 for 1882,
364.8 for 1881 and 1884 in 1890.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-07
APRIL GASOLINE
USE CLIMBED
High Low 1900

The United States Bureau q
Mines reports April domestic cont
sumption Of gasoline amounted ia
32,735, 900 barrels, which is 8 per
cent, or 2,559,0oO barrels, higher
than in the same month last yeaR
and compares with 30,528,000
barrels in March, this year.
Stocks of gasoline at the end
of April amounted to 65,608.000
barrels, decrease of $4,000 baH
rels from the month previous. In
March there was an increase Of
$4,000 barrels.
The total storage of all oils.
crude and refined, declined 224S
600 barrels during April, the total
on hand at the close Of the month
being 589, 795,000 barrels. In
March storage recorded a reduG
ton of 3,745. 900 barrels.
While the total domestic do
mand for all oils fell off in Aprt
this was attributed to a seasonal
decline in the use of gas oil and
fuel oil, which dropped from 32.'
$4,000 barrels to 25,476,000 bar
rels. Although there were a num-
Der of factors involved, the sea-
sonal decline in fuel oils for home
heating purposes was the prin-
cipal reason.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-07
GAINS ARE HELD
BY HARDWARE

An encouraging energy persists
in wholesale hardware distribu-
ton despite the temporary slow
ing in some other mercantile
lines, and in almost all sorts OF
factory activity. 1t is true that
retailers and jobbers alike have
accumulated certain reserves OF
stock, during the liberal buying
of the past winter and spring.
But it is equally true that these
reserves are moving into con-
sumption in well maintained VOL
ume, and, in general, at very
satisfactory margins.
Leading wholesalers are report
ing May sales of hardware better
than those of April, according
to Hardware Age. In some quar-
tiers the item volume has reached
better levels than since 1881, and
the average value of each sale
is well ahead.
No considerable rise in the
price levels of leading commodi-
ties is expected during the next
few months. Advances are still
coming through on manufactured
lines, due to recent wage in
creases, and to rises in steel costs,
but there are also a number of
declines, and probably more Of
these must be looked for in the
hardware field.
Some goods were marked up too
strongly, to play safe" and sales
have been affected. In other
cases, code agreements regulating
competition are being eased or
disregarded. It is important,
however, to remember that MIRA
wage and hour provisions, affect
ing all industries, are holding
firm. and are confidently expected
to continue, and to be vigorously
enforced.
Labor unrest is assuming
menacing proportions in some
sections, and is undoubtedly af-
fecting the future plans and
supply commitments Of many
manufacturing executives. The
outlook is that labor controversy
within the steel industry this
summer may involve some Of the
important tonnage lines in hard
ware.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-07
NARROW
FOR COTTON

NEW YORK, June 7 G.N.S0.
With activity at considerably
slower pace, cotton futures today
backed and filled in a narrow
range around previous closing
quotations.
Trading was slow from the
opening gong, initial prices ruling
2 points higher to 3 lower, de-
spite a firm tone at Liverpool.
Later dealings saw little change
in the earlier range OF prices,
with the speculative element dis
playing an apathetic attitude to-
ward the market.
Demand for cotton was limited
to price-fiXing operations for the
domestic and continental trade,
and scattered purchases by wire
firms and commission houses
This was offset by moderate New
Orleans and Southern selling.
Spot firms sold in a small way
late in the forenoon.
The weather continues unfavor-
able for the new cotton crop.
The drouth remains unbroken in
west Texas and western Okla
homa, and unless soon relieved
must become serious.
Midday prices we're unchanged
to l point higher, with July I'M
changed at 1894, october up l
at 1918, December up l at 1929,
and January unchanged at 1926.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-07
GRAIN FUTURES
FALL SHARPLY

CHICAGO, June 7 Q.N.SO.
Grain futures continued to fall
sharply on the Board of Trade
here today on selling influenced
by heavy precipitation in the
West and Northwest which is be-
lieved to have afforded relief to
the drought stricken grain belt.
Wheat bore the brunt Of the
selling and sold off 2 to 224c with
the September contract yielding
to &c.. Corn dropped 24c to 12sc,
the September delivery declined
to sec while oats tumbled to 1Ac
The market developed a steadier
tone after the first hour and part
of the early losses were recovered.
Near midsession, wheat was off
13sc; corn, "a to asc down, oats,
20 to 34c lower and rye "a to
13ac off.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-07
CHANGES
DIVIDEND DATE

Common dividends of the Chase
National Bank have been placed
on a Semiannual basis to con.
form with payments on the pre-,
ferred, and the next payment
will be postponed from July
to August l, covering a four.
month instead of a three-month
period, a letter from the directors
to the common stockholders
states. 1t comments:
"The earnings Of the bank
thus far during the current
period, Notwithstanding the low
interest rates generally prevail
ing, have been running at a
rate which, If continued, will
justify the directors in declar-
ing in early July a common
dividend payable August 1,
1884, of Al cents a share. The
dividend will fully take account
Of the longer period covered,
in view Of the recent dividend
payments on the basis Of IS
cents per share for three
months"
Dividends on the common
shares formerly had been payable
on January /, April /. July 1 and
October l.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-07
Insurance Issues
Drop During Week

Insurance stocks in the New
York city market fell back slightly
during the past week. The aggre-
gate value of 20 leading fire and
casualty insurance issues, accord
ing to Holt, Rose & Troster,
amounted to $420,624 900 on June
/, compared with $423, 594,0 at
the close of the previous week, a
decline Of $2,970,0O0, or 0.7O per
cent.
The current average yield of the
20 issues of APO per cent com
pares with AT per cent a week
ago. The current market value is
now lis times the current iqui.
dating value, unchanged for the
week. Combined operating earn
ings from underwriting and net
investment income are now 1898
per cent on market, as compared
with 1895 per cent week ago,
and based upon current figures the
20 issues are now quoted at an
average of 81 times their com,
bined operating earnings, against
OF week ago.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-07
To BE
DISSOLVED BY
GUARANTY

Directors of Guaranty Trust
Company have voted to dissolve
Guaranty Company, dts affiliate,
in compliance with provisions of
the Banking Act of 1888 which
require separation of security az
filiates from banks by June Is.
Guaranty Trust is the last New
York bank or trust company with
a security affiliate to act on the
matter Of separation.
Coincident with announce
ment of the dissolution, it was
further announced that key Of
ficers of the Guaranty Company
on June 10 will become partners
in the firm of Edward B. Smith
& Co.
These include Joseph R. Swan,
now president of Guaranty Com
pany, and Burnett Walker, Irving
D. Fish and j. Richie Kimball,
Guaranty vice presidents.
Further, it is expected that
these four will bring with them
into the Smith firm the greater
part Of the present organization
of Guaranty Company.
Guaranty Company was organ
lied in 1920 as the security affili-
ate of Guaranty Trust Company,
and since that time has partici-
pated in financing through Secur-
ity offerings in the United States,
and has conducted a general in
veStment and securities business.
The firm of Edward B. Smith
& Company was founded in Phila-
delphia in 1892, and conducts an
inve S tment securities business
through offices in New York,
Philadelphia and Boston.
Offices of the Smith firm are
to be transferred from Is Broad
st. to the offices now occupied
by Guaranty Company at 81 Mas
sau st. The firm said:
"The new and enlarged Or
ganizatiOn will continue as in
the past to function as under
writer's of, and dealers in in
vestment securities, to render a
comprehensive investment ad-
visory service. and as members
of the New York, Philadelphia
and Boston stock exchanges to
conduct a general commission
business"
The general partners Of the
Smith firm, besides the four new
partners from Guaranty, are Rad
cliffe Cheston, jr., Charles s..
Cheston, John w. Cutler, Edward
B. Smith, jr., Reginald G. Coombe,
Edward C. Savers, Junius A.
Richards, Harcourt Amory, Rod
ney w. Brown, Harold G.. Hatha-
way and Robert F. Whitmer, jr.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-07
Business NeuS
Spotlight

SchenIey DistiIlers Corp. and
subsidiaries report for quarter
ended March 81, 1884, net profit
of S3,214,3S8 after interest, Fed
eral and excess profit taxes, and
other charges, equal to $500 a
share on 1,O5O,OOO shares Of IS
par capital stock U. S. To-
baccO Co. has declared q quar-
terIy dividend of $1.25 on the
common stock, placing the stock
on q SIS annual basis against
$40 previously. Domestic use
of gasoline in April amounted
to S2,735,OOO, which is 8 per
cent ahead of the same month
last year, and compares with
3O,176,OOO in March Of this
year.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-07
NORFOLK LINES
INCOME RISES

The continued good earnings
showing and the enviable cash po-
sition of the Norfolk & Western
railway would seem to promise
greater distribution to stockhold-
ers in the form of dividends.
Loadings for May were 3l.3 per
cent ahead of the corresponding
month of last year. Most of the
increase was in coal shipments,
the principal commodity handled
by the N. & w. This increase
took place despite a narrowing in
the coal mine wage differential
between the fields served by the
N. g. w. and Northern fields in
favor of the latter. The latest
narrowing of the wage differential
follows the one which took effect
on July 1, 1888, when the first
NRA bituminouS coal code went
into operation. The high quality
of the coal along N. WIS lines
seems to have enabled it to hold
its markets.
For the first four months of
1884, the N. & w. showed net in
come of $6,747,622 as compared
with $3,722,531 for the similar
period of 1888, an increase of 81
per cent. This showing was made
in the face of an increase Of $751;
O69 in maintenance Of way expen-
ditures and $1,409,616 in the out
lay for maintenance of equipment.
Gross revenues for the first four
months showed an increase Of
$5,3O5, 1886 or % per cent over the
$18,926,115 reported for the similar
period of 1888.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-07
Demand For Spot
Fair at LIVERPOOL

LIVERPOOL, June z, G.N.S0
There was a fair demand for open
ing spots on the Liverpool cotton
market today. Prices were steady
and receipts 10000 bales of which
5000 were American.
At noon middling fair was 1850;
strictly good middling lid;
good middling 6.81d; strictly mid
ding 6.66d; middling 6:51d;
strictly low middling 6.36d; low
middling Slid; strictly good or
binary sold, and good ordinary
5.61d.
Futures opened steady and at
noon were / to 2 points above
opening quotations and unchanged
to 2 points lower than due prices.
July opened at 6.25d; October
6.21d; January 6. 18d; March 6.20d
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-07
Increase Less
For Phones
BY International News Service

A further gain in telephone
connections was reported for
May by the American Telephone
and Telegraph system, but the
months increase in active units
was somewhat less than in
April.
The May gain in connections
aggregated $4,000, compared
with 4S,16O in April. Last
month marked the ninth con-
Secutive month in which an
increase in Bell System teIe-
phones was recorded.
The additional gain in May
also brought to 100000 the
total gain in connections this
year, whereas in each of the
first five months of 1888 losses
in net connections were sus-
tanned. Loss in the first quar-
ter of 1888 alone was $4,000
units.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-07
v isssss 5; ;s:: N. Y. Curb Quotations

NEW YORK, June z ONS0
The curb market returned to dead
center today as far as price fluc-
tuations were concerned, with the
revival of strike threats in the
steel industry putting q halt to
recent bullishneSs in speculative
circles. Offerings, however, were
not large, with considerable irreg-
ularity the rule in the run Of
more active issues.
Utilities were highly mixed.
American Gas and Electric was
off u point at 241a, while United
Gas was down "a at 2%. On the
other side of the ledger, Electric
Bond and Share gained "a at
14h and Niagara Hudson Power
was 1s higher at 5A.
Oil shares turned irregular after
yesterdays spirited rise. Gulf
gained " point to 631a, while
Humble dipped 2s to A and
International Petroleum was down
"a at 1874.
Atlas Corporation sagged "a to
1921 among the investment trusts.
Pittsburgh Plate Glass, ex-divi-
dend. was a strong spot in the
specialtieS, with a gain Of ~
points to 48. American Cyanamid
B, and Ford, Ltd, however,
dipped nominally.
Metal shares were irregular,
with Lake Shore up q at 523S,
Hollinger off rs at 17A, and Tech
Hughes unchanged at 6h.
Alcohol shares were conspicuous
by their absence through most Of
the forenoon's trading. Utility
bonds were generally heavy in
tone.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-07
v' ;7s4 3;s;s1.' N. Y. Bond Quotations

NEW YORK, June Z G.N.S0.
The bond market maintained a
generally steady tone today, with
the majority of active senior OBJ
legations marking time around
previous closings.
The rail group showed mod
crate advancing tendencies, with
the ontario and Western Refund
ing As and Illinois Central 4As
advancing, and virtually un-
changed levels the rule in other
speculative favorites.
United States Governments were
steady, with the Treasury 3Hs,
Liberty 4th 4As, Treasury As and
Home owners Loan As pegged at
last nights cloSings.
Consolidated Gas AVS and
AtchiSon General As moved frac-
tionally higher in the investment
division.
Germans were in renewed sup
ply in the foreign group.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-07
Chain Store Sales
Reveal Increase

Early sales reports for May OF
leading chain store and mail order
organizations indicate that the
months gain for the trade over
the corresponding period Of 1888
will show a fair-Sized advance
over the increase reported fol-
April. 1t is likely, however, to
be substantially below the sen
Sational advance shown in
March.
First nine companies to report
did an aggregate business last
month of $97,637,416 as com
pared with $85,140,628 in May,
1893, an advance of $12,496,788,
or 14.6 per cent.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-07
SURVEY SHOWS
NEED Of MUCH
PLANNING

While 1888 marked a definite
turn for the better in business
conditions throughout the world
Improvement in nearly all coun
tries was confined to domestic
business and resulted chiefly from
artificial stimulants, the Depart
ment Of Commerce concluded in
. survey.
Commerce between countries
continued to lag, being retarded
by tariffs and quota restrictions,
the review said.
The major problem 1888 leaves
for solution is careful planning
Of the controls of the economic
system, it continued.
The review stated that a "suc-
cesSfully functioning economic
system must continually main.
tain a vast number of factors in
a sort Of balance-proper balance
among industries, a balance
of purchasing power and pro"
ducts offered for sale, healthy
price relationships, satisfactory
working agreement between labor
and capital, and an integrated
domestic and foreign policy.
"In earlier times, these were
supposed to be kept in order
by various natural forces, but
1HN
titiOn and the price system to
be insufficient to preserve the
balance. 1t is necessary, there
fore, to undertake the infinitely
more difficult process Of con-
sciOusly planning the controls
to be employed. They may be
private; they may be public.
They may be merely the sharp
ening Of old tools, or the inven-
ton of new and ingenious de-
vices"
Stretching the economic history
Of the United States during 1888,
the review noted a general in
crease in price levels during the
year, caused in considerable part
by increasing public confidence
Direct Federal relief and estab-
lishment of the AAA and NRA
also had an effect.
Commodity prices were affected
by the monetary policy. with
abandonment of the gold stand
ard having an inflationary action
on these prices, the department
pointed out. Depreciation of the
dollar abroad played an impor-
tant part in the prices of export
commodities, it was stated.
The review concluded that the
year was particularly one of ex-
tremeS in the financial field.
Discussing unemployment, the
department saw evidence that
this situation may becom e
chronic rather than transitory.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-07
FREIGHT TRAFFIC
DECLINE SEEN

Loadings of revenue freight for
the week ended June 2, to be
published Friday by the Amer
lean Railway Association, are
expected to total about $4,000
cars compared with 624,567 cars
in the Immediately preceding
week and 5O8,234 in the cor
responding period of last year.
The decrease from the proceed
ing week was largely due to the
observation OF the Decoration
Day holiday; however. the de-
cline was more than usually &C.
ours between these weeks. Over
a period Of Is years the average
decline has been So per cent,
but this year it amounted to
10 per cent.
Loadings on line for the first
IS roads reporting follow: