davidaulloa/AmericanStories huggingface dataset:
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1934-10-19
Neiehborly Remark

Woman-My husband put dime on
the collection plate.
Her Neighbor- shouldn't think Il
would help much In case Ike his.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1934-10-19
Learn by Asking
Out of Odor

Goose-I know it. Some blamed
crank pulled them out to make quill
pens
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1934-10-19
Obstacle Race

rs your son still pursuing his
studies at college?
Yes, but he doesn't seem able to
catch up with them
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1934-10-19
II Goe. to Your Head

'Yes, know fish is brain food. but
I don't care so much for fish. Hain't
there some other brain food?'
We'll. there's noodle SOUP"
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1934-10-19
And Emily Post Mile. Away

Hno Lniiy fost miies Away
She-He's a gentleman.
He-Really?
She-Yes. he uses the butter knife
when he breakfasts alone.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1934-10-19
Oldest Birds in World

The oldest birds in the world were
aro7t the size Of crows
The Washington times., 1934-10-29
BETTER S7EEuLESS AMERICAN
OUTLOOK SEEN COTTON USED

Curtailed world consumption Of
American cotton during Septem-
ber due to the textile strike in
the domestic industry is reported
by the New York Cotton Exchange
Service.
Consumption was smaller both
here and abroad. contrary to the
seasonal tendency. The world
stock of American cotton at the
end of the month was consider
ably less than on the same date
in recent years.
World mills used $4,000 bales
Of the American staple during the
month against 100000 bales in
August, 1,195, 900 bales in Septem-
ber last year and 1,168,00O bales
two years ago.
Consumption during the month
declined 1875 per cent compared
with August, contrasted to an av.
erage increase for the same month
of 81 per cent. For the first two
months of the current cotton sea.
son consumption totaled 1,828,000
bales compared with 2,427,000 in
the same months of 1888.
The Washington times., 1934-10-29
n, Y. EXCHANGE.
REPORTSLOSS
BY PHILIP PEARL

The New York Stock Exchange
lost $199,121 last year, according
to its financial statement filed
yesterday with the Securities and
Exchange Commission. It listed
assets of $43,846,054 at the close
of 1888.
The New York Curb Exchange
did better. Its statement showed
a profit of $13,295, total assets Of
$3,929,730, and a surplus OF 3d.
9O6,S5o
The Stock Exchange at first
baked at exposing it's business
affairs to the scrutiny of the COM
mission but finally bowed to the
requirements of the securities and
exchange act.
Richard Whitney, president Of
the exchange, asked the commits
sion to emphasize that it's assets
are not available for payment Of
debts of individual members ana
reserved the right to request thai
future statements be held conf
Dental.
Thus far the first time the pub.
lie is accorded an opportunity to
see what greases the machinery
through which fortunes have been
made and lost in security trading.
Statements from other exchanges
will be made public later at in
tervals.
Besides the income one would
expect the Stock Exchange to de-
rive from membership dues, ticker
fees, clearing charges, rents and
other regular business services, its
statement reveals tidy sums col
lected from operation OF barber
shops, it's medical department and
tuition fees.
Among the smaller items Of ex-
pense were $12,763 for uncollect-
able rents and $59,116 for its pub
licity committee.
Total income Of the Stock Ex-
change and its properties was
ST, ,484,795 as against expenses OF
81, ,6S3, ,916.
This consolidated statement in
cluded the New York Stock Ex-
exchange Building Company, the
New York Quotation Company,
Stock Clearing Corporation, New
York Stock Exchange Safe De.
posit Company, and 80 Broad
Street Corporation.
The Washington times., 1934-10-29

"The lower the prevailing ill.,
terest rate, the higher the capi-
talized value of a given in
come. What will be the interest
rate during the years immcdi-
ately ahead? At the present
time interest rates on safe in
veStmentS are exceedingly low,
ShOrt-time rates on the highest
grade investments being almost
at the vanishing point and
these abnOrmally low short
time rates are tending to push
down longtime rates. Cheap
money and lots Of it for a time,
at least, are spelling low short
time interest rates.
"HOwever, as soon as this re-
dundancy of money becomes
thoroughly effective, pushing
up the price level, as it sooner
or later will, rising prices will
create an artificially stimulated
prosperity, increase the demand
for capital and push up nOm-
inal interest rates.
"This, in my judgment, is the
prospect in the United States
for the immediate future, i.e.,
continued low Profits due
largely to radical governmental
policies, higher interest rates,
and rapidly rising prices.
Both prices and interest
rates will tend strongly upward.
From this it follows that the
cautious investor, instead of
lending money now through the
purchase of bonds, should use
his money for the purchase of
durable commodities, real estate
and corporate equities. Care
fully chosen common stocks
now, as an investment category,
are preferable to the firSt-grade
bonds"
The address of Mr.. Kemmerel
was the principal feature of to
days convention activities. The
business sessions of the aSsocia
ton will get under way tomorrow
Richard Whitney, president Of the
New York Stock Exchange. viii
address the bankers tomorrow or
the securities exchange act.
The Washington times., 1934-10-29
COTTON PRICES
WORK HIGHER

NEW YORK, Oct. 20 GN.SO,
The cotton market displayed a
better tone today, as futures
rallied on the small upturn at
Liverpool and higher grain prices
at Chicago. Trading, however,
continued at a comparatively dull
pace.
Improvement was apparent
from the call, the list opening un-
changed to points higher and
moving slowly higher as the morn
ing progressed. The upswing,
though, was retarded by the lack
of sustained buying.
Commission houses and the
trade were the main buyers dur.
ing the forenoon. Liverpool and
the continent were in the ring
for small quantities of cotton.
Selling was negligible, being
limited to scattered Southern and
local offerings. Hedge sales were
extremely light.
Noon quotations were up 3 to 4
points, with December UP 4 at
1927, March up at 1921. May
up 4 at 1888, and July up 3 at
12.43.
The Washington times., 1934-10-29

More favorable elements are
seen in the iron and steel mar
kets as a result of a quickening
in seasonal manufacturing opera.
tions and the better feeling be-
ing established between business
and the Administration in Wash
ington, the magazine Steel re.
ports.
Despite conservative con.
Sumer commitments, gagged by
size Of orders, SteelmakerS are
confident the base is being
laid for much broader improve
ment. Business appears to
have discounted the results of
the November election, and to
me making progress. In some
instances, steel production
schedules have been stepped up
in response to slight gains in
tonnage, and in preparation
for larger demands in the ap-
preaching month. The national
average Of SteelworkerS' opera
tiOns last week, however, dropped
l point to 2519 per cent"
Purchasing by small users with
fairly steady requirements has
been more consistent recently
than from large consumers, who
have been specifying in leSs-than
carload quantities to round out
stocks, Steel adds.
The Washington times., 1934-10-29
New York Dock Co.
9 Months Net Dips

New York Dock Company, in
Guiding New York Trade Facilities
Corporation, for the nine months
ended September 80. last, reports
net income of $26,026 after taxes
and charges equal to 26 cents a
share on the S per cent preferred
stock.
This compares with revised net
income Of $63, ,425, or So cents a
preferred share in the like 1888
period.
For the quarter ended Septem'
ber 30 last, the company had net
income of $2S,453, equal to %
cents a preferred share, against
$11,558, or II cents preferred
share in the preceding quarter
and $42,816, or 43 cents a pre-
ferred share in the September
quarter of 1898.
The Washington times., 1934-10-29
Investment Bankers Warned
Of Initiation bv Kemmerer

Investment bankers were told
in no uncertain terms where this
country and its dollar are headed
in the opinion of Edwin w. KEN
merer, Princeton professor of in
ternational finance.
DR.. Kemmerer spoke freely of
the dynamite" of initiation and
the "25-cent dollar" but his for
NAL published statements follow
a much calmer course.
He said that under present con-
ditions the purchase of bonds was
not advisable and that investors
would be wise to place their funds
in common stock, real estate and
other equities.
DR.. Kemmerer spoke at a forum
Of the convention which was pre-
sided over by Edward Hopkinson,
jr., OF Drexel & Co., of Philadel-
phia.
Expenses Exceed Income
Declaring that in the three
years, 1880, 1881 and 1882, the pro
prietors of the principal business
concerns of the United States paid
out more than $4,000, 0,0OO, 900 in
excess of what they received, DR..
Kemmerer said that high taxes
are pressing down heavily upon
the industry. He said:
"COmpetiOn in business on
the part of the Government is
being increasingly felt in many
fields. Wages are being regu-
lated upward, hours of labor
downward, and many prices are
being artificially held down by
governmental action. Govern
mentally imposed mOratOria ON
debts and governmental SuSpen-
sion of specific cOntractual OBJ
legations are common.
"Liquidity is being continually
jeOpardized. Increasing, uncer-
tain and often arbitrary regu.
latiOnS Of our great markets,
quotas, exchange regulations
and similar restrictions on our
foreign trade are all decreasing
the liquidity of investments.
The Washington times., 1934-10-29

Saturdays closing levels. While
the group showed a tendency to
firm slightly after a hesitant open
ing, the rallying powers were not
impressive.
Motors gave a similar perform
ance under the leadership Of
Chrysler, Auburn, and General
Motors.
Standard Oil of California was
again in fair demand and ad-
vanced about a point, but this was
due to the California political sit.
uation. The other oil shares were
inclined to be slightly firmer, but
turnover was small indicating that
traders were still apprehensive
over the widespread gasoline price
wars.
Baldwin Locomotive common
and preferred were comparatively
steady today following their sub.
stantial losses on Friday and Sat.
urday when both issues went to
new lows.
The Washington times., 1934-10-29
BETTER.
IN DULL TRADE

CHICAGO, Oct. 20 ON.S).-
Grain prices worked moderately
higher in early dealings today,
reflecting improvement in foreign
markets. Trading continued light,
however.
Wheat was bid up around a
cent with the December delivery
moving up to 97c before realizing
checked the upturn, while corn
gained 12c to 75c for the active
future before reacting from the
top.
Near midSeSsion wheat was Xc
off to 3sc up, corn 1sc down to
bc up, oats and rye Ac to
1ac up.
Foreign markets generally ruled
about a cent higher.
The Washington times., 1934-10-29
Loose WileS Net
Tops Last Quarter
BY International News Service

by ImIcFHuUIUIIdI 1NU"B DOI VEVO
Loose Wiles Biscuit Company
reports a net profit Of $318,384
for the quarter ended September
30, equal after Z per cent pre-
ferred dividends, to 40 cents a
common share, compared with
$313,218, or 48 cents a share: In
the preceding quarter and $453,'
633, or IA cents a share, IN the
third 1888 quarter.
Net profit for the nine months
ended September 80, amounted
to $1,O43, ,69S, equal to $1.64 a
common share, against $1,218,543'
or $1.96 a share, in the same
period last year.
The Washington times., 1934-10-29

m arke d the
fifth anniver-
.Sary of the 1929
era sh when
more than 16,-
, 900, 900 shares
: changed hands
| and losses ran
: to 40 points.
I United States
S t e Il, Bethle.
! hem and other
| pivotal indus
/ trial S h are s
moved in q mar
row range and
IS h o W e d little
change from
R.V FL.
The Washington times., 1934-10-29
687 Listed Stocks
Lower Last Week

Index of 687 stocks listed on the
New York Stock Exchange COM
piled by Hamershlag Borg & Co.,
showed an average price Of $21.96
as of the close last Saturday, com.
pared with an average price Of
$22.40 the previous week.
The Washington times., 1934-10-29
ABANDONS TRACK

The Grande River Valley Rail.
road has been authorized by the
I. C. C. to abandon its 21-mile
electric line, extending from
Grand Junction to Fruita, and a
branch extending off its main line
to Enterprise, Colo.
The Washington times., 1934-10-29

Bonds close d
!: the week about
where they be-
gan, d es p / t e
W e a X n SIS in
Gov ern m e n I
tissues.
| T he volume
|of trading was
|larger than in
It he preceding
W e e k, though
n OF a gre a t
deal. Such as
it was, however,
the increased
&C t i ty was
largely on the
The Washington times., 1934-10-29
Dollar Remains
AbOve Parity

NEW YORK, Oct. 20 U.N.SO.
Gold shipments to this country
from France and Belgium re-
mained a possibility today as
the dollar maintained its
strength at $3.50 cents against
the parity of 5000 cents. The
table:
The Washington times., 1934-10-29
MARKET
PACE RECALLS
ANOTHERDA
By LESLIE GOULD

NEW YORK, Oct. 20 QN.SO.
With trading proceeding at the
rate Of half a million shares for
the session, and no clear cut trend
apparent, the stock market today
The Washington times., 1934-10-29
SEES MARKET 7
WAITING FOR
ELECTIONS
BY LEWIS HANEY
Professor Of Economics, New
York University

During the course of last week.
the stock market averages lost
between one and two points.
The Washington times., 1934-10-29

CANADA
Montreal funds In New York SS1.SS
premium on $1,000.
The Washington times., 1934-10-29
Volume Saturday
100000 Shares

and
High Low Rate High Lo" A'VV =" %
The Washington times., 1934-10-29

(a) Optional cash. Partly (cD Extra
t9 0c6 X and cash "a! Extra in stock e. PAID IN lss
" IN account OF Scepmulatous (g) No regulGr
latest payment (h) Payable in stock Special
tnl Paid this year, tww) With txwI Without
warranta (") Ex-dlvidend. (tb Ex-righta
Dividend in dollars in parsntheseA (Nots) Extra
dividends published through regular ...idend period.
The Washington times., 1934-10-29

So, while a little further set
back may reasonably be ex-
rected, 1 would guess that the
worst of the reaction has been
seen, and that those stocks
which are backed both by fair
earnings and by initiation posi-
biIitieS will soon hold. Such
stocks are the only ones you
and I should own,
The Washington times., 1934-10-29

Name and
RaI

Name and
HiRh Dividend Rate High Low 1909 Chs
33f 2OH Roam Ante Copper PAN 241z 241z+ Il
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-02-16
Not the Best Teachers

Headed toward prison where he
will remain for the remainder Of his
life unless he wins a parole, Gordon
Alcor1, only % years old, called on
the youth OF the land to witness his
plight and take warning.
f. Advising against a career Of crime
as a smooth road to wealth, Alcorn
said: Look into the future first.
Try to see the terrible consequences
and then avoid what I am facing
now"
It was all true enough and it bears
out the story Of crime doesn't pay"
which all Of us like to preach. Yet
there is something inconclusive about
it. Because 1t represents more sor-
row at getting caught than regret
for having done something essentially
wrong. these words are not the best
deterrents from a career Of crime.
That can be found only in the in
grained teaching of sound morality
and fundamental citizenship which
originates and has its being In the
home and IS supported by teachings
in the schools and good example in
public life. We cannot expect the
wailings Of captured criminals to be
the most effective teachers OF our
young people. If they are to be
guided Alright we must find other and
more constant methods Of imparting
proper information.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-02-16
Senseless Economy

There's an odd new form of menta
disease afloat In the land, according
to DR.. Alvan L. Barach, New Yorl
|psychiatrist, and it keeps its victim!
from spending money which they
well could afford to spend.
In q report to the National Com
mittee for Mental Hygiene, DR.. Bar
ach says this ailment is born OF the
depression and afflicts people in the
higher income brackets. They get q
vague and reasonless sense of guilt
and they try to atone for it by spend
ing less money.
Rich men do without their cars
rich women dismiss their maids. II
their income is cut Is per cent, they
cut their expenditures by 50 per cent
They have a hazy feeling that 1t
isn't right to spend money ''in times
like these"
It is against such people, says the
psychiatrist, that buy now" cam
paigns must be directed. Their sense
less refusal to spend what they easily
could afford to spend holds up re-
covery and does no one any good.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-02-16
Courtesy Will Help

1t is interesting to read that i'm.
migration officials have been ordered
by Washington to be more courteou.
and pleasant to immigrants who ar.
rive at ports of entry into the United
States.
In the past, the American immigra-
ton service has not been exactly
famous for its smooth-voiced anc
smiling courtesy-and neither, fol
that matter, has the immigration
service Of any other nation. And its
a point well worth correcting.
The new arrival in any country
forms his first conception of the new
land by his first contact with its Of
ficials. II they are hard boiled and
unsympathetic. he's apt to get an I'm.
favorable conception, and 1t may stick
with him long time.
Courtesy doesn't cost anything, and
1t can pay substantial dividends ir
the form Of good will.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-02-16

such applications will stop nail-bit.
ing or Misunderstanding. "a. v. W.
Answer-Thank you. Quassia is q
wood, and when an ounce is STEPPED
IN pint Of water it makes very
bitter, but harmless, decoction. It is
an old and effective vermifuge, espe-
cially given as an enema, against pin
worms.
What, No Sauerkraut Juice?
I've taken a liking to sauerkraut
juice and 1t IS on my menu nearly
every day. But some neighbors tell
my wife all sorts of evils will befall
if take 1t 50 often. Il. M. E.)
Answer-1t is always wholesome
either the sauerkraut or the Juice
if you like it.
I0din Ration
] have been following your regen-
Grafton regimen with most happy re-
suits. Sometimes I feel a let-down
in the months when I am not taking
iodin. Would it be all right for me to
take the iodin continuously rather
than having the rest period between?
wv. NJ
AnSWer-The iodin ration is clearly
defined in the booklet The Regen-
Grafton Regimen" which I am glad
to send any correspondent who asks
for it and incloses dime and stamp
ed addressed envelope. If you take
more iodin than the ration calls for
you should have your physicians ad-
vice about 1t.
Copyright, 1884, John F. Ollie Co..
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-02-16
CLINICAL TRIAL AND ERROR

A clinic is fine place for the tyro
to get his hand in and enjoy the ad-
vantage OF actual experience before
he launches into practice for himself.
A clinic affords the doctors who con-
duct it considerable liberty in adyer-
Using which is still unethical for the
private practitioner. I don't mean
honest advertising, such as a BUSH
ness firm buys. mean publicity
which shrewd group can get free.
The head of the nose and throat
department Of the best advertised
clinic Of them all reports in an off,
cial bulletin that there were 900
throat operations in the clinic in 1882,
and explains that more than 60 per
cent of the patients who presented
themselves in the nose and throat
department had had satisfactory ton
sill operations before they came to
the clinic
One wonders what brought them to
the nose and throat department.
The number Of tonsillectomies
decreased considerably. There are
many reasons for this. The prin-
cipal one Is that the tonsil ope-
ration is being we'll done through
out the country
This ought to make the piker pri-
vate practitioners feel flattered.
Then the chief pins back his ears
and gets off some droll humor:
There is in use, although the
method Is fortunately on the
wane, a method of electromagnetic
ton of the tonsil. There seems
to be no logical basis for the
method. It is as dangerous as
surgical removal, and the discom-
fort is extended over long Pc
Rod. It is supposed to be blood
less, but apparently it is not blood
less. In the nose and throat sec
| ton We have never observed a
patient whose tonsils have been
entirely removed by electrocoagu-
lation. -
I have received hundreds of re-
ports from people throughout the
country who have had experience on
the receiving end Of one method or
the other. Too many Of these reports
tell Of fatal results from the standard
surgical tonsillectomy. Never have !
heard of fatality from electrocoagu-
lation. though I have received not
a few reports Of unpleasant expert
ences with the modern method in the
hands Of incompetent physicians.
AS for this clinic employees in
situation about "entire removal" Of
the tonsils. there the man betrays his
narrow outlook. He is still practic-
ing on the antiquated theory that it
is necessary or advisable to remove
every vestige of tonsil tissue. when a
septic focus in the tonsil is to be
eradicated. That may have been good
practice in the gay nineties but I
venture to say that few good ply
sicians today share the belief. Not
only scientific theory but actual ex-
perience has amply shown that the
removal, destruction or disinfection
Of the septic focus in the tonsil is all
that is required. And this. we must
concede, is adequately accomplished
by diathermy. INSTRUMENTATION.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-02-16
BY RODNEY BUTCHER
(TFibune Washington Correspondent

Washington. Feb. 16.-Just as II
NRA didn't have enough problems
people now come along and tell il
that shorter working hours don't
spread work.
It seemed reasonable to believe that
9 factory substituting q 40-hour week
for an 80-hour week would have "a
employ twice as many workers to pro-
duce the same amount Of goods. Any
way. that was the theory.
But the experts who in pre-NRA
days used to insist that shorter hours
resulted In = much larger output per
worker now are being heard from
again.
Dr.. Donald A. Laird, psychologist
and authority on industrial fatigue.
recently asserted the likelihood that
the level Of industrial production
could be kept up or improved with
shorter hours and no increase in
number Of employees. He based that
on studies Of factories under NRA.
NRAs own reports also are illu-
mtnating. It has made public a let
ter from . southern dress manufac-
turer who first lost, then regained, his
Blue Eagle and now is very happy.
Since his workers went on 10 hours
week they are working with more
pep and some are producing Is to IS
per cent more work. They are pro-
ducing better work" !.
Presumably this employer favors
those who can produce the extra Is
or IS per cent. II he has enough Of
them, he may be able to operate with
fewer workers than he needed before.
OF course this factor doesn't nullify