davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat., 1934-01-15
WOOL MARKET

Boston, Jan. 15.-UP) Wool
buyers were feeling out the mar
ket today with frequent inquiries,
some of which resulted in small
sales but most of which seemed for
the purpose of keeping In close
touch with the price trend. The
bulk of the interest was in f1ne
and fine medium woods.
Prices were firm and, supported
by the strength of the foreign mar
kets. seemed headed for higher
levels as soon as business in any
volume appeared. Ohio Delaine and
similar fine combing woods were
quoted at 35-37 cents a pound in
the grease; half-blood, 36-37;
three-eighths, 42-43; and quarter
blyood, 41.42. Territory graded
strictly staple fine combing woods
were quoted at $3.50 cents pound
clean; half-blood, 1886; three
eighths, S0-s3; and quarter-blood,
1915.
The US. agriculture department
said: wool prices in the Boston
market are quotably unchanged
from last week but show q harden
ing tendency as inquiries broaden
and occasional buyers make larger
purchases. Recent increases in de-
liveries of wool tops indicate some
pickup in wool manufacturing.
Estimated receipts of domestic
wool at Boston, reported to the
Bost Grain and Flour Exchange
during the week ending January
13. amounted to 277,000 pounds,
compared with 10000 pounds
during the previous week"
The Waterbury Democrat., 1934-01-15
Home OF MINER
BADLY WRECKED
Blown to Pieces By Bomb
House Was Not
Occupied at Time

TaylorviIle, III, Jan 15-UP)--
The terrific explosion of dyna-
mite bomb blew the home of Verne
Irwin, mine worker to fragments
today. rocking the entire town.
Peace officers feared the bomb
was the signal for a reopening of
sanguinary conflict between rival
coal mine unions. The house was
not occupied at the time of the
blast.
Members of the Progressive Min
ers of America union were reported
converging on the No At mine of
the Peabody Coal Co. Picketing of
the mine against the United Mine
Workers followers was expected to
result in violence. p. M. A. mem
bers voted to picket several Pea
body mines at q mass meeting Sat-
urday.
The Progressive Miners of Amer
lea officials were disgruntled over
recent decisions of the United
States regional coal labor board in
which the claims of the United
Mine Workers were recognized at
the expense of the Junior union.
A recent outbreak between the
two groups resulted in a fight and
shooting ARRAY in which several
men were shot, and one seriously
wounded. Trouble between the I'M
ions resulted in the closing of all
the Peabody mines in their neigh
borhood last year.
Irwin, it was said, is member of
the United Mine Workers.
The Waterbury Democrat., 1934-01-15
Heaviest Trading IN
The Past Six Months
Bonds Joined in the Race and Commodities Scared
Wheat and Cotton Went Up

do Corporation. a block Of the
latter amounting to 5000 shares
came out at Z 1-2, up IL point.
Allied Chemical jumped nearly
points: American Telephone more
than S, and Atchison 4, while gains
of 2 to 3 points were made by
American Can, Baltimore e. Ohio,
u. s. Smelling, Montgomery Ward,
Johns Evansville, and American
Smelling.
A notable exception to the rise
was the alcohol group where two
of the issues were depressed sharp
ly on a government suit TO collect
taxes alleged to have been evaded
during the prohibition era.
In the commodity markets. sill
yer futures Joined the rise despite
the fact the president made no APP
peal for silver at this time. All
other commodities advanced, in
GLIDING rubber. silk, hides and
copper.
The drop in the dollar was
sharp. The pound sterling reached
$5.15 IA up s IA cents, while the
up "a "a points.
Trading today was the most ac-
tive since July "a, totaling 3,740,-
900 shares as against 100000
shares on Friday. Curb sales total
ed $4,000 shares as against 298.-
900 shares Friday.
Dow-Jones preliminary averages
showed industrial 1921, up Abs;
railroad, 44.25, up 2.64; and util-
ity 26.17, up 1.81.
The Waterbury Democrat., 1934-01-15
WINE SPREE HAS
TRAGIC RESULTS
Old Man Thrown Down
and Neck BrOken-TWO
Youths Under Arrest

Westport, Conn, Jan 15-(UP)-
The death of Joseph Blotta, 80,
said by police to have resulted dur
ing an argument over purchase of
wine at his home late Saturday
night, led to detention of two Nor
walk youths today.
James NJ. London, 25, and Bur-
| ton butcher, 25, were arrested
Sunday while walking home with
their arms loaded with groceries
said to have been taken from the
Blotta home and from an automo-
bile owned by a Stamford grocery
| clerk.
Police said London admitted
having pushed the aged man, caus-
ing him to fall and break his neck.
Authorities said the pair had been
drinking at the Blotta home and
left when Blotta prepared to re-
tire. They returned shortly after
| ward, according to police, and
broke into the place, demanding
wine. When refused. London alleg-
edly pushed the aged man to the
floor. After carrying him to bed
they admitted taking the groceries.
They were arrested on theft
charges and police indicated a
more serious charge of man.
slaughter might be placed against
| them today.
The Waterbury Democrat., 1934-01-15

| HELD ELECTION
Members Gathered in Con-
cOrdia Hall Yesterday
Afternoon

Election of officers of the re-
Gently organized Waterbury Phil
harmonic society took place at a
meeting yesterday afternoon in
Concordia hall. The officers are as
follows: Concert master, Louis Dav-
idson; president, Mario Dr.
Cecco; secretary, w. H. Won Scher-
en-; treasurer, Max Frohm; librar-
ian, Joseph Pagano.
Andrew Neuss, leader of the
Concordia Singing society, is the
conductor of the new musical
group. Plans were made for pub
lie concert to be held in Bucking-
ham hall Feb. 18th. 1t is planned
to have about SO musicians play
in the concert.
Most of the members of the
new society are enlisted from the
old Waterbury Symphony orchestra
which was directed by Charles
Farnham, now of Hartford. The
society plans to include as mem
bers, the best musicians in Water
bury
The Waterbury Democrat., 1934-01-15
BY ELMER G. WALLER
limited Press Financial EditOrl

New York, Jan. 15.-UP)-
Stocks shot ahead to 5 points
today in the heaviest trading in six
months: bonds enthusiastically
Joined the rise in large volume:
commodities scared under lead OF
wheat which rose 3 5-8 to 1-S
cents q bushel and cotton up more
than 81 a bale; the dollar sank in
terms of foreign exchange.
The spark that set off the roar
ing markets was a boost in the re-
construction finance corporations
gold price from $34.06 to $34.45,
the latter effective tomorrow.
The $34.45 figure makes the dol
lar worth exactly co cents which Is
the upper limit at which stabiliza-
ton might take place under Presi-
dent Roosevelts plan given to con-
gress today. Buying orders came in
from all parts of the United States.
Tickers were unable to keep pace
with the huge buying volume. Sales
crossed 100000 shares before 2
d, m. The Dow-Jones Industrial
average rose about per cent above
Saturdays close to new high
since September 10, while the rail
average rose nearly 5 per cent and
the utility average more than Z per
cent.
Steel and automobile shares wed
for leadership. General Motors in
gigantic turnover mounted to new
high since 1881, above 81. A block
of 10000 shares sold at the latter
price. U. s. Steel was next in ac-
tivity at new high on the move
ment, and came Chrysler. the re-
cent leader.
Gold mining shares were in urg-
ent demand with Homestake soar
ing 26 points. Rails made consist
cnt gains, while utilities made the
best percentage showing of any
group on the board. Farm equip
ments mounted sharply along with
grains. Du Pont scared above 9S
for the first time since 1881. Nash
made a new top since 1881 In Its
division. Libby Owens-Ford was at
it's best price since 1929.
Heavy turnover was noted In
bethlehem steel, United Corpora
ton, Socony-Vacuum, Consolidated
Gas, Commonwealth e. southern,
Alaska Juneau, Commercial Sol
vents, New York Central. and Ra-
The Waterbury Democrat., 1934-01-15
NRA Codes Replace
Former Jungle Laws
Order Has Come Out of Chaos in the Opening of
American Pulp and Paper Assn Executives

in the last two decades. This splen-
did condition has manifested itself,
and is prevalent, in every branch Of
our industry equipment manu-
featuring, cosmetics, as well as the
training organizations. But prob
ably the best aspect of it all is the
sharp increase in employment. III
our employment department, where
we maintain nationwide contacts,
we find ourselves unable to supply
sufficient operators. The beauty
culture field has much to be thank
full for since the inception of MIRA
and no small share of it's gratitude
must be directed to the foundation
and principles upon which NRA
rests"
The Waterbury Democrat., 1934-01-15
PAYROLL PROJECTS
STARTED in STATE
Harold T. Slattery to Cover
Waterbury District and
Nearby Towns

New Haven, Jan 1.-THE coun-
try wide employment and payroll
survey, directed by the United
States bureau of labor statistics
and financed by the civil works
administration has just been start
ed. The supervisor of this project
for Connecticut is DR. Royal Meek
err, formerly the United States
commissioner of labor statistics and
later the secretary of labor and in
dustry of Pennsylvania.
The purpose of this project is to
increase the number of establish
ments which are now reporting
each month to the bureau the
number of workers and the amount
of the payroll. The payroll figures
published by the bureau each
month show whether employment
is tending up or down and wheth-
er the wages paid to employees have
increased or decreased. 1t is very
desirable-even necessary-to in
crease the number of employers
reporting to the bureau, especially
in industries other than manufac-
turing which is already quite well
represented. 1t Is also very deSir-
able to secure q larger number of
small establishments employing
less than ten workers. The bureaus
statistics are now compiled almost
entirely from reports from larger
establishments. 1t is known that
the trend both of employment and
wages differs markedly as between
large and small plants.
The agent who will cover Wa
terbury, Torrington. Winsted and
nearby towns is Harold r. Stat
terry. Employers are earnestly re-
qussted to cooperate with this
agent of the United States bureau
of tabor statistics by assisting him
in obtaining all the information de-
sired.
The Waterbury Democrat., 1934-01-15

CONTINUED from Page -
content of the dollar limits to a
narrow margin the uncertainty as
to what may be done regarding
the subject. This seems desirable
from the standpoint of national
recovery.
Seizure by the government OF all
monetary gold at the value fixed
by law does not appear to me to
be q violation of the constitution.
Speaker Rainey: The presidents
position isn't surprising. He is try
ing to get ali the gold in the Uni
ted States which means he will re-
value the gold dollar. His proposal
is made in order to give industry
an indication of what may be ex-
pected in revaluation moves.
House Majority Leader Byrns:
The confiscation argument against
the presidents gold control pro-
posal is ridiculous. The profits
should go to the people rather than
to the bankers. My understanding
is that the federal reserve board
does not strongly oppose the call
ing of gold.
'It's robbery" said Senator
Hastings, republican, Delaware, OF
the gold seizure.
Senator Glass, democrat, V1r-
ginia, was dissenter also:
"Humanitarians find some excuse
for the man who steals when he
has to, but what excuse is there
for a man to steal when he doesn't
have to-"
Senator Gore. democrat, Okla
homa:
IT think we should avoid any
semblance of confiscation."
Chairman Fletcher of the senate
banking and currency committee:
"It is a very important message.
I have been expecting it. and it
seems to me to be the wisest course
for us to pursue"
Senator Wagner, democrat, New
York: II am not in favor of this
exact plant. I think we should
AVOID any semblance of confisca-
tiomis
Rep. Luce. republican, Massachu-
sets: "At the present moment we
are paying foreigners $34.06 an
ounce for gold. The president pro-
poses to pay citizens of the United
States $20.67 an ounce. Is that just
compensation? The supreme court
will decide"
The Waterbury Democrat., 1934-01-15

Washington, Jan. 15-Accordins
to routine reports to the National
Recovery administration, business
Improvements attributed to opera
ton sander NRA codes range from
boiler making to beauty culture, all
in one days mail. The paper and
pulp industry reports with evident
satisfaction that cooperation and
confidence have replaced distrust
and fear"
The boiler manufacturing indus
try has increased it's employees %
per cent under it's NRA code.
Weekly pay rolls are now $24,541
more than for the week prior to
starting operation under the code.
This is about $4,000 more than
the Code committee had anticipat-
ed" Thirty-seven plans reporting
on the effect of the code showed
80 per cent gain in employment.
Average minimum hourly wage in
June 1888 was 36.5 cents per hour;
in october 1888 this had increased
to AZ cents. october average oil all
wages was 57.7 cents, based on .
5-day 40-hour week.
s. L. Wilson, president of the
American Paper and Pulp associa-
ton, code authority of the paper
and pulp code, prefaced his report
with the assurance that "the the
DRY of evolution has been aptly
illustrated during the past few
months by the changes in the men,
tai attitude of those within our in
dustry. Regeneration has replaced
disintegration. order has replaced
chaos. Business-like principles
have replaced jungle laws.
1.-The activities of the government
at the start were for the great
er part frowned upon" writes Mr.
Wilson. "There has been u great
change in public opinion within
the last months because the bene-
fits derived are becoming manifest.
Most people today look upon MIRA
as an activity that has brought
many benefits which have develop
ed from the cooperation of those
engaged in the same competitive
effort and established confidence
A report describing improve
ments in the beauty culture indus
try contains this assertion: TRADE
reports, almost without exception,
are that the latter half of 1898 has
been the best of any similar period
The Waterbury Democrat., 1934-01-15

| N(VhtAA0OU AAOAA OAv ~
money under the monetary meas
ures requested today by President
Roosevelt.
The president seeks to avoid
sweeping fluctuations in commodity
prices which some of his advisers
say are partly caused by gold
fluctuations in foreign markets.
BY impounding the country's $4,-
00O,OOO,000 gold resources, or a
third of the worlds monetary stock
President Roosevelt hopes to free
the dollar from foreign influences
and fluctuations in the price of gold.
Much Of the sweeping decline in
prices in the last few years, which
made it difficult for borrowers to
pay back money, has been attri-
buted to rising value of gold in the
world markets and consequent in
crease in the amount of goods that
tht gold dollar would buy.
Under the presidents plan the
federal government ultimately
would determine from time to
time the value of the gold backing
of the dollar. By a commodity
price index, the exact purchasing
power of the dollar could be de-
termined from week to week.
| If the price index rose too rap
idly, the gold content or gold in
back of each dollar could be
raised. If prices fell, the dollar
would be cheapened.
Questions regarding the presi-
dents latest monetary step were
answered unofficially today as
| follows:
Q-Why is the government TAX
ing over the country's gold re-
sources?
A-The $4,000, 100000 of Ameri-
can gold will be concentrated in
| the treasury order that the gov
eminent can dictate" the value of
the metal and hence of the dollar
free from foreign influences.
Q-What will be done with the
metal? Alt will be held as back
ing for the nations money but
will only be paid out when neces-
sary to settle international bal
ances between this country and
foreign nations.
Q-Where is the metal now?
| A-Most of 1t is in the New York
and Philadelphia reserve banks,
and the rest scattered among the
other ten regional banks. Presum-
ably the metal will continue to be
| kept in those safe places but title
| to the metal will be given to the
federal government
| Q-Does the gold move indicate
sterilization of the dollar on nix
ed basis of gold and silver "A
step toward it, but actual stabiliza-
| ton is not expected until the de-
sired commodity price levels are
| attained. These are somewhere be-
tween the 1924 and 1926 average.
Q-After desired price levels are
attained, how will the purchasing
power of the dollars be made more
constant? A-Prices will continue
1 to fiuctuate because of supply and
demand. Unnatural fluctuations,
however, will be softened, pre-
sumably by a change In the gold
or silver content of the dollar from
time to time.
Q-Wil gold coins be used as
money? A-No. The country S
gold coins reacquired by the treas
ury are expected to be melted down
in gold bars of convenient size for
international trade.
Q-What profit will the govern
ment make by the expected cut In
the gold content Of the dollar:
A-Between $4,000. 100000 and
$4,000, 100000. About half this pa
per profit" will be used to finance
q pool" to deal In gold, foreign
currencleg and government bonds
as another tool In maintaining con-
slant purchasing power of the dol
| lar.
The Waterbury Democrat., 1934-01-15
PRIEST ANSWERS
BANKER WARBURC
Rev Charles E. COughlin
Replies to Letter That
He Received

Detroit, Jan. 15.-(UP).--Be-
cause a money famine exists, the
United States should increase its
total of basic gold and silver money
TO more than ten billion dollars
against which twenty-five billion
dollars In currency could be issued.
Rev Charles Il. Coughlin advocated
In his Sunday sermon. The per
capita circulation. he said. should
be raised from $46.02, the present
figure, to 500. and he would re-
valuate gold at about two to one.
He replied to the recent critl-
cisms OF James Warburg. vice.
chairman of the Bank OF Mnnhat.
tan company of New York. saying
that tho banker was incorrect when
he said there was insufficient gold
and silver 20 redeem war bonds
and 10 establish q new currency
based on gold and silver united ~
a comVon base.
us u not common knowledge
that a nation may issue two ana
Onoshnlf times az many paper DOL.
lars a. II has gold doilarsT no
The Waterbury Democrat., 1934-01-15
new YORK CITY
BANK STOCKS UP
lis PER CENT
Market Value of Sixteen
Leaders Now Worth
S136,72O,OOO

New York, Jan. 15.-New York
City bank stock market registered
a sharp recovery during the past
week. The aggregate value of the
sixteen leading issues at the close
on January IL stood at $1,321.-
915.000, which total represented an
increase of 36,720,000 or lis per
cent compared with an aggregate
value of $1,185, 900 established
on January 5.
The current average yield Of the
sixteen stocks of Cos per cent
compares with q yield of 6.75 per
cent reported on January S. The
current market value of the sixteen
stocks is now Ill times their
known book value against 0.87 on
January 5. Based upon current fig
ures the sixteen stocks are now
quoted at an average of 10.5 times
their known earnings, against 1912
times for previous week.
The Waterbury Democrat., 1934-01-15
SPECIAL CLASSES
AT HIGH SCHOOLS
approximately 500 Pupils
Will Attend Opening
Courses Tonight

Close to $50 pupils were enrolled
as Waterbury's special educational
courses ug!s by rs special teach
ers prepared to begin operation to-
night. Several of the courses are
already filled and have waiting
lists Of prospective students.
The classes will be held in the
three high schools, and at Croft,
Duggan, Chase, Webster and Hope
will grammar schools, while one
class will meet at st Johns parish
hall. In addition to the classroom
courses, special instruction will be
given foreign-born women in their
homes.
Places are still open in a few of
the classes and any persons inter-
ested should apply to the school
department office at Crosby high
school,
The Waterbury Democrat., 1934-01-15
YOUNG HOOVER
TELLS HIS SIDE

Pasadena, Calf. Jan. 15-(UP)--
Herbert Hoover, Jr., resigned as
chief engineer of Western Air Ex-
press in 1880, to spare his father
from Embarrassment when air
mail contracts were being award
ed, he notified a senate investi-
eating committee today.
Replying to a questionable sent
him by the committee, young
Hoover said that he had proffered
his resignation when advised by
former Secretary OF War Patrick
Hurley that "a man named Halli-
burton" had charged In Washing
ton that he was using his influ-
ence to promote mail contracts
for Western Air.
Instead of accepting his resig-
nation his employers gave him a
leavze Of absence, the former
presidents son wrote. At the time
no was In n North Carolina noun.
tain resort recupernting from an
attack OF tuberculosis. He recent
iy returned 10 his former Job at
a salary of $500 month.
The Waterbury Democrat., 1934-01-15
PLANE EXHIBITED

New York. Jan ID UP)-'
Poised In an illusion OF flight, the
plane and equipment used by Col
and Mrs Charles A. Lindbergh. In
their recent mapping OF ocean air.
ways today was on public view at
tina American Museum OF Natural
History. Tho plane N suspended In
flying position between two large
whales. soaHcapc murnla provide
the background.
The Waterbury Democrat., 1934-01-15

CONTINUED from Page H.
"Dr, Wynekoop told the girl to
disrobe and climb on the operating
deep draught of chloroform, rem
table. DIR Wynekoop gave her a
dering Rheta unconscious. Then DR.
Wynekoop went to an adjoining
room, took a revolver. and shot
Rheta Wynekoop to death. That u
how Rheta died. We are prepared
TO prove this to you"
Daugherty made no mention of
an alleged confession" made by
DIR Wynekoop.
Had he dono 80 defense attor-
news said they would have sought
10 force Judge Joseph y. David to
exclude the statement.
The Waterbury Democrat., 1934-01-15
ON WAY TO NEWARK

Hartford, Jan 15-(UP)
Bentley. Negro, wanted in Newark.
n. j., on charge of numbering
another Negro. Alfred Crawford in
1927. started back to Newark to-
day in charge of Detective Thomas
Boland. He waived extradition.
The Waterbury Democrat., 1934-01-15
DIED OF HURTS

New Britain, Jan 15--(UP)--
Jossph Satkowski, a.. died IN Gen.
eral hospital last night OF injuries
received saturday night when hia
ear left tho highway and hit u tele-
phone pole. He was O war veteran,
The Waterbury Democrat., 1934-01-15

asked.
Ile said that on December 81.
1898, the nations gold dollars
totaied 4,822, egb,D7b and that only
b,sO4. AGO. sol currency dollars
were IN circulation. a per capita
circulation Of elo.02.
The Waterbury Democrat., 1934-01-15

A watch which tells tho weather
for tha next a. hours has been IN
vented by n meteorological IN Mum
taA. Germany
The Waterbury Democrat., 1934-01-15
New York Curb Market
CONNECTICUT SECURITIES
The Il. T.. Grlggs 40.

PUBLIC UTILITY STOCKS
Bid Asked
Bridgeport Gas 1t Co. "a 81
Bridgep't Hydraulic Co A Al
Conn Elcc Service -. 35 81
Conn Gas & Coke com 512 ~
Conn Gas & Coke pfd AZ As
Conn 1t G. Pow 51a 90
Conn 1t & Pow 6h %
pfd Us lO5
Connecticut Power Co s5 81
Conn Ry & Ltg Co com So 81
Conn Ry & LtG Co pfd 81
HID Elect 1t Co com
HID Gas 1t Co com 40 A
Illuminating Shares A. 1914 3S4
New Haven Water Co So 56
South n. Il. Tel Co 100 104
INDUSTRIAL STOCKS
Ann Hardware So -. IS 20
Bristol Brass Corp com 20 20
Colts Pat Fire Arms
Co ........... ~ 8 ~ 70
Eagle Lock Co ..... 2S 81
Landcrs, Frary & Clark 3012 32h
New Brit Mach Co com
Niles Bement Pond
North & Judd Mfg Co 10 ~ 10 u
Peck, Stow e. Wilcox
co
Scovill Mfg Co ..... 21h2 2213
Stanley Works Co com IS 20
Torrington Co ...... 81 SO
INSURANCE STOCKS
Aetna Fire Insurance. 32 "a
Aetna Life Insurance 17R 1914
Automobile Insurance. 1871 20h
Connecticut General 81 20
Hartf'd Fire Insurance az a.
Home Insurance ..... 19 Fl
Nationl Fire Insurance a. 46
Phoenix Fire Insurance 53 sc
Travellers Insurance 1856 1915
The Waterbury Democrat., 1934-01-15

Full Text Of Presidents
Money Message To Congress

Washington, Jan I5trP)-Foowng the text of Presi-
dent Roosevelts monetary message to congress:
To thu xuith 4ha esfahl Of
The Waterbury Democrat., 1934-01-15
GOLD PRICE IS
RAISED HIGHER

CONTINUED from Page u
The Waterbury Democrat., 1934-01-15
REPUBLICANS TO
HAVE CONFERENCE

(continued from Page u
The Waterbury Democrat., 1934-01-15
AGED DOCTOR
NEAR COLLAPSE

CONTINUED from Page ~