davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat., 1934-02-14
Lower Interest

There has been talk at Washington lately about reduction of interest rates The only surprising thing about the pro- posal, perhaps, is that it has not come sooner. There have been practical econ. omists saying for years that equilibrium could be restored in the American eco homie system by deflating such things as interest, utility rates and taxes to har- monize with deflated incomes and prices. Thus things might have strengthened out on low level.
 It seemed preferable to most people, and to the government, to seek new equl- librium at higher level, normalizing things by the 1926 standard instead ot the depression standard. So monetary and other measures have been taken to raise incomes and prices to height that will make it easier to meet old obligations.
 Progress has been made, but the rise is not rapid and the old obligations are pressing. The present idea looks like a compromise. Or it might be described as playing both ends against the middle. All classes of debt, apparently, would be af- fected, foreign as we'll as domestic. Thus our foreign debtors would find it easier to pay us, and we would find it easier to pay each other. There would be fewer de- faults, bankruptcies and foreclosures.
 The Hartford Courant, like the Water bury Democrat, Bridgeport Telegram, and several other state papers, finds the idea of the State Planning Board to conduct statewide survey to discover, identify, and mark properly historic and beauty spots an excellent one. It's quite time since such purely aesthetic idea took such firm hold in our midst. Evidently there are number of people who want to know more about their state, it's natural advantages, and the particular points of interest that link it with events of the colonization and development eras. The Courant points out that the members ot the Civilian Conservation camps in Con- necticut have already discovered sections of the state that were unknown to them previously. Yes, and they are making those regions accessible to all of us. Let us only hope that we make the most of these golden opportunities to enjoy such outdoor splendor as only Connecticut hillside or vale can offer. Right in our own midst there may be dwellings or sites that should be marked to show that at one time they were concerned with the growth of this bustling town of ours and hence with the state, too. By all means let us redscover them if merely for our own mutual benefit.
The Waterbury Democrat., 1934-02-14

The dial telephone system was begun in this city July IS, 1881, at midnight.
The Waterbury Democrat., 1934-02-14

A stone bridge was built at what was once called Dublin street in 1857 which was replaced by Q wooden one in 1860.
The Waterbury Democrat., 1934-02-14

Now air mail contracts are up in the afr. because profits have been flying too high.
The Waterbury Democrat., 1934-02-14

simonsville was named after A. B. Simons.
The Waterbury Democrat., 1934-02-14

All vehicles must be lighted not later than 6: :64 o'clock tonight.
The Waterbury Democrat., 1934-02-14
IN TO-DAY'S MAIL

communications with opinions to
  respn kind
The Waterbury Democrat., 1934-02-14

Copyright, 1884, by United Feature Syndicate, Inc.)
Evening star., 1934-04-10
CORPORATION.
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS

NEW YORK, April 10.-Following
is today's summary Of corporation
news prepared by Standard Statistics
Co., Inc, New York.
Ford Motor Co.-Plants scheduled
to operate at capacity in April and
expected to produce around 100000
units.
General Motors Corporation-Sales
of cars and trucks to consumers in
the United States during March to-
tailed 98,174 units, VS.. 58,911 in Feb
ruary and At, 7,436 In March, 1888: total
sales to dealers in the United States
and Canada plus overseas shipments
were Isl, $50 units in March, VS.. 100,-
848 in February and 58,0l8 In March.
1888; for first quarter sales to con-
sumers in the United States were
180,523 units, VS.. 1906 in the first
quarter of 1888; total sales were 3l6,-
604, VS.. 199,749 in the first quarter Of
last year; company received an order
for two oil-electric locomotives from
Delaware, Lackawanna g. Western
Railroad Co.
Nash Motors Co.-Omitted quarter
ly dividend ordinarily declared at this
time; last payment was Is cents q
share on February 1, 1884; deficit,
quarter ended February %, was $123,-
72o. vs.. deficit $l34,136.
Studebaker Corporation-Orders as
Of April /, called for 5,754 units; do
mestic and export orders received dur
ing March totaled 10,067 vehicles,
largest total for any month since
March, 1929; shipments during March.
1884. approximated $500 units.
Motor Products Corporation-Strik-
ing union employees return to work
after receiving 10 per cent wage in
crease.
Coca-Cola International Corpora
ton common share earnings, quarter
ended March 81, $2.15, vs.. $2.65.
United Fruit Co. common share
earnings before Federal texes, quarter
ended March 81, estimated at SIS
cents, vs.. 36 cents.
Addressograph-M Multigraph Corpor-
ation-Striking employees at Cleveland
plant have returned to work after o
settlement under which minimum
wages we're raised to 10 cents an
hour from IS cents for women and to
IS cents from 10 cents an hour for
men.
Associated OIL Co. 1888 common
share earnings $1.35, VS.. $1.50.
American Car & Foundry Core
ceived an order for $50 steel hopper
cars from Delaware, Lackawanna d
Western Railroad Co.
American Locomotive Co.-Has an
order for 20 locomotives from Dela-
ware, Lackawanna b Western Ran.
road Co. i, A
Evening star., 1934-04-10
CHICAGO LIVE STOCK.

CHICAGO. April 10 "a, u. s. Depart.
GUIDING e.0oo direct; SLOW, mostly baio
pounds. sod oD so caoie:' aiS' a7S. I79
340 pounds, 3.76a3.S0; most light light.
800 downward; good pigs, 2.75a3.25;
packing pa sows. 2 ;0oa3, rs: light lsht. good
iisht Weisht, 10000 d POUNDS. 3S0s4 3S04 10; YY9
45dSS hs:Ss s::l;Tss Ssi:as; $sSsssS SSass:. & &ssS:
sounds. $50 sS;p% pigs. S aood foGa snd
choice. 100.13O pounds, 2.bOa3 so,
Cattle, $500: calves. $500: fed steers
ana ana ye.Eilnss strong to u higheI medium
bid on medium Weight 's ana a1sest asiest; So bao
ioeks; h 7.60 paid for l.3oO.pound averages;
7.00 for l.500 pounds: bulk Of crop. 5.6Oa
otSeG mSe t,iI;ns 6fttsr Erads mostly 67s upward
veaIers rs or more lower; slaughter cattle
goo pounds, e;S5a7 ,aS: e00-1 100 pounds.
and medium. 550-I. 800 pounds. .ooasa9
hhealfsrs' han' good and choice, 56O-56O pounds.
iow Cutter S3 sd sutsef snd
5d,775a2 75: bulls, common and medium,
800; medium 4.00a5. 90; Gull and COM
snG sSsesr sSSe: sne sssr nssds sa
i.ssSSs5.as: common @ and m.diS%.o ooSafsi S's5s
Sheep. 5000: opening slow. asking 15a
inactive best wooied lambs heid
500 downward: lambs. 90 pounds. down,
nnd s6Ss sss 1888 psang snd
and choice. s.75ieSo: ewes. aosiSo 0
weights, common and medium. 3.o0a4 Is.
Evening star., 1934-04-10
TREASURY WEIGHS
MORE REFUND|NG.
Question of Another Huge
Operation in Fall to
Be Decided.
BY CLAUDE A. JAEGER,
Associated Press Financial Writer

NEW YORK, April 10.-Whether
Uncle Sam viii attempt another huge
refunding operation next Autumn to
cut the cost Of his borrowing is q
question which will be answered this
week.
The Treasury has until April IS to
announce plan to call for payment
on next October IS any part of the
$4,360. 100000 Of the fourth Liberty
loan which will then be outstanding.
The Treasury has offered new l0-l2-
year 81 per cent bonds in exchange
for the $1,000, 900, 900 Of the fourth
Liberty loan issue which called six
months ago as of the coming April Is.
For each $1,000, ,o00, 900 of the issue,
which pays Az per cent, which can
be refunded on 3K per cent basis,
the Treasury saves S10,000,0 900 an.
nually in interest charges.
Have Cash Alternative.
Investors who do not elect to take
the new 81 per cent bonds in ex-
change for their called Liberties can
get cash for them, but In view Of the
present state Of bond yields, investors
who wish to keep their funds n long,
term United States Government OBJ
legations, bond analysts point out, can
apparently do no better than accept
the 3A per cent issue.
Whether the Treasury will call more
Of the Liberties as of next October IS.
some bond experts say, may depend
to some extent on the willingness
shown by holders If the called bonds
to take the new issue. It Is UNDER
stood that subscriptions received for
the 81 per cent issue thus far have
been bit sluggish, but there Is usu-
ally rush 1t the last minute.
Last October Is some 81 900, ,C00, 900
of the loan was called: and bonds pay
ing AZ per cent the first year and
3K thereafter offered In exchange.
Somewhat less than half the holders
accepted that offer, as the bond mar
ket began to slip a few days later.
following announcement Of the gold
price-fixing program. Il,
Market Improves.
Since the changes in the gold price
were abandoned early this year, the
Government bond market has i'm
proved markedly. The average yield
of eight long-term United States Gov
ernment issues has declined from Q
high last year of 3.67 per cent to a
current low level of about sos per
cent. A..
Some bond analysts believe that an
nouncement of another large refund-
ing operation would indicate that the
administration intends to pursue Q
conservative monetary program.
Evening star., 1934-04-10
CURB MOVES UP
ASBUy|NGW W|DENS.
SpeciaIties and IndustriaIs
Share Advances, but
Utilities Ease.
BY JOHN L. COOLEY.

(A6Sociated PreSS FINANCIAL WrlterJ, .
NEW YORK, April lo.-The price
trend on the Curb Exchange was up
ward today as demand broadened for
an assortment Of stocks, including
specialties and industrial issues.
Utilities, as group, were inclined
to softness, although losses were small
and number were unchanged. Trad
ing was in better volume.
aluminium Co., Great Atlantic l.
Pacific. Murphy Co., North American
Match, Pittsburgh & Lake Erie and
Schin l. Co. advanced one to two
points, and Western Auto Supply was
bid up about 4.
Lake Shore Mines, Newmont Min
Ing, Pan American Always and Swift
4 Co. advanced major fractions.
American Gas, Cities Service and
Niagara & Hudson Power were un-
changed to fractions lower.
Standard Oil of Indiana was un-
changed.
Evening star., 1934-04-10
FURTAERADYANCE
|NCOPPERTA[KED
Shares MoveIUp.Actively as
Price of Metal Begins
to Climb.
By GEORGE T. HUGHES.

Special Dispatch to The star.
NEW YORK. April 1o.-Copper has
assumed leadership of the metal
stocks from the speculative stand
point. taking the place. for the mo-
ment at least, Of silver. There was .
fractional advance in the price Of the
metal Monday and further advances
are predicted in the trade. Copper
shares reflected this situation by mod
crate gains in an otherwise listless
market.
The copper people themselves are
very confident. They say that pros
poets for copper consumption this
Spring and early Summer are bright.
The automobile makers are expected
to take large amounts, as are the
miscellaneous manufacturers, includ-
ing the electric refrigeration industry.
All of this, Of course, Is subject to
settlement Of the labor difficulties In
the motor trade, as to which the OUT
look Is not 50 satisfactory. However.
the proposed code is expected to help
copper and the producers will GER
tainly benefit from business improve
ment generally. ~
The chairman of the American
Smelling & Refining Co. Is on record
as predicting an advance In the price
Of copper. The present cash cost Of
producing the red metal In the United
States is over 81 cents q pound on
the average and. including deprecia-
ton and depletion, more than 10
cents q pound. It will be seen, then,
that the domestic industry can hardly
be expected to prosper at the present
price level.
The low-cost producers can make
money, but If the others are to par
ticipate the quotation will have to rise
much more sharply than 1t has done
so far. Nevertheless there is sizable
accumulation Of copper stocks by
speculative interests.
Tin reacted In London Monday, but
not materially. The present price is
300 per cent above the depression
low. Lead and zinc have been active
ly bought, consumers apparently fear
ing q price advance here also. Taking
It altogether, the outlook for the nom
ferrous metals is favorable. f.
Whether these price increases, ac-
tual and probable, have anything to
do with imitation fears Is uncertain.
Something can be allowed for the in
creased demand which would come
from normal business improvement.
Probably both factors are operative.
(Copyright 1884. BY the North American
Newspaper Alliance. Incl
Evening star., 1934-04-10
FOREIGN EXCHANGES.

NEW YORK, April 10 R.-Foreign ex-
lars. others in cents. Great Britain de-
mand. 5.16ss: cables. 516as; 6O-day bills,
5.15!s. France demand. 6.60A; cables,
6.6OA. Italy demand. s.5s: cables. S.5S.
1857; Holland 1866; Norway, 25.93;
Sweden. 1852; Denmark. 23.O5; Finland,
2.29: Switzerland. 80 40; Spain. 13.6s;
Portugal 4.72; Greece. .95; Poland.
1901; Czechoslovakia, Ar: Yugoslavia.
2.29; Austria. 19.01n; Rumania, 1.02;
Argentine. 34.40n; Brazil. S.7Sn; Toxic,
5000; Mexico City (silver pesol. 27.e5:
Montreal in New York. 100.1Ss4; New
York in Montreal. 99.S194.
n-Nominal.
Evening star., 1934-04-10
NORFOLK SOUTHERN
EARNINGS IMPROVE

Earnings Of Norfolk Southern Rail-
road during the last six months
have shown substantial increases over
those Of the preceding year. although
the road continues short Of covering
nxed charges which amount to around
$68, 900 Q month.
Gross revenues In February at 1891, =
146 were about 23 per cent above
those IN the comparable 1888 month.
Better control Of expenses this year
Is indicated by the increase In net
operating income Of more than
$4,000. which exceeded the gain in
gross for the month.
Evening star., 1934-04-10
Auto Production
Hits Highest Mark
Since Late in 1929
By the Associates Press.

~ sk1C A43oSlntSo GISBSs
NEW YORK, April 10-Autom3bile
production among members Of the
National Automobile Chamber Of Com
merce reached its highest level during
March Of any month since September,
1929, the chamber announced today.
Production was 208 per cent above the
corresponding month last year and
10 per cent above February this year.
The March output totaled 262, 2,I56
units, while production for the first
quarter was placed at 539, ,12s units
an increase Of "a per cent over the
first quarter Of 1888.
The report also stated that the
number Of workers employed by
chamber members likewise surpassed
all monthly figures since September,
1929.
Evening star., 1934-04-10
CRUDE OIL PRODUCTION
CLIMBS DURING WEEK
BY the Associated Press.

BY the Associated Press.
TULSA, Okla. April 10.-A Al, ,632
barrel increase In Texas was respon-
sible for the greater part Of an ad-
vance from 2,380.937 to 2.427 ,9s2 bar
rels In daily average crude oil pro-
duction Of the United States last
week. the OIL and Gas Journal reports.
With East Texas furnishing almost
half the total output, Texas produce
ton increased from 1.018,720 to L.
060.352 barrels daily. The East Texas
increase was from 488, ASS to 528. .220
barrels
Oklahoma production dropped from
46l, ATS to 460, 0,505 barrels.
Evening star., 1934-04-10
NET DEMAND DEPOSITS
SHOW LARGE INCREASE
BY the Associated Press.

BY the Associated Press.
Net demand deposits of weekly re-
porting member banks in leading
cities showed sharp rise during the
week ended April 4, as the change
was calculated by the Federal Reserve
Board. In the table that follows the
total Of such deposits is given for
comparable periods. as announced by
the board:
Week ended April 49,. sl1.ae1 900. 600
rreVloCs week. ........ 11,194 100000
same week last year,. 9.S19,000, 900
Evening star., 1934-04-10
U. S. TREASURY POSITION.
BY the Associated Press.

The position of the Treasury April 2
was: Receipts. S9,731 .703 .43; expenditures,
545,43; customs receipts for the month,
S5.011. 1913.
Receipts for the fiscal year since July
$5;o54 .9s4 .972.60 including S3.O2O.9l9.-
070.79 Of emergency expenditures; excess
Of sxpenditu1es; 6, ss22;es22 .611.4o5.76: gold
Receipt: Tor Xprii !. 1888 comparable
date last Rarl. 81. .535.332. .e1: expendi-
tures, $50; 2.291.7 10; net balance. $685.
month. S4,35O.451.57.
Evening star., 1934-04-10
FOREIGN BONDS.
RAIL REVENUES CLIMB.

NEW YORK, April 10 R.-Presi-
dent Charles Donnelly stated at the
ANIMAL stock holders meeting of the
Northern Pacific Railroad Co. today
that gross revenues in March were
estimated to be $700 900 greater than
In the same month last year. He
estimated net operating income was
higher by about sS65,Qo0 In March
over q year ago.
Evening star., 1934-04-10
PENNSY PLANS TO SELL
BONDS ARE REPORTED
BY the Associated Press.

BY the ASSociated Press.
NEW YORK. April 10.-The PENN
sylvania Railroad is understood to
have arranged for the sale to Kuhn,
Loeb & Co. Of $4,000, 900 Philadelphia,
Baltimore & Washington Railroad
general mortgage ~ per cent bonds.
due 1881. which the Pennsylvania
guarantees by endorsement and which
1t has held in its treasury. The trans
action Is subject to interstate com.
merce commission approval. In re-
cent weeks the Pennsylvania sold
about $500, 900 Of subsidiaries bonds
to bankers.
Evening star., 1934-04-10
DEERE & co. CHANGES.

NEW YORK, April 10 R.-Deere
& Co. notified the New York Stock
Exchange Of a proposal to decrease its
preferred stock to 1,550,000 shares
from 100000 and to 1.005 900 shares
Of common from 1,250,000
Evening star., 1934-04-10
STEEL SHIPMENTS
SOAR IN MARCH
U. S. Corporation Reports
588, 200 Tons, Against
Previous 385,500.
BY the Associated Press.

~ suS ASsoClaGeo SIeS4.
NEW YORK, April 10.-shipments
OF finished products Of the United
States Steel Corporation In March
totaled 588,209 tons, compared with
385.5oo in February and 25s, ,7s3 in
March, 1888.
The March shipments, which were
202, ,709 tons higher than in Febru-
ary, reflected a continuation of the
increased demand for steel products
that has been going on almost unin-
terruptedly since January /. For the
first three months the corporation
shipped 1905, ,486 tons, compared with
8l7,860 tons in the first three months
last year.
A substantial gain in shipments
had been expected, since operations
increased last month. Also, March
had four more working days than
February.
Output Of the steel industry dimin-
ished slightly late last month and
early in April, but more recently
there has been renewed expansion
as result Of steel price increases.
Evening star., 1934-04-10

Young 8 & T pf... 30s 57h Sc Sc
Yukon Cold. 773Os n IA II
quarterly or semi.annuaI payment. tPartly
extra. t2lus ~ In stock. Payable in
cash or stock. Payable In stock. Plus
81 In stock. . Plus 81 In stock. Pay.
tnis year-no regular rate. N Plus ~
in stock. n Plus lO% in stock. . Paid
last yeAr-no regular rate. Actual sales.
Evening star., 1934-04-10
sTxR MzsHMeToN D. q, TUESDAY ApRm TO- 1884
N. Y. CURB MARKET
Received by Private Direct to The Evening STAR
4f0Ak ana n

Stock and SALES
Dividend Rate. Add 90. High. Low. Close.
Oh Stocks (kxOe). z 10 ~ 10
Evening star., 1934-04-10
PRODUCE EXCHANGE
Noon quotations. J

NEW YORK, April 10 (P.-Produce
exchange stock list:
Evening star., 1934-04-10
Grace ENCOURAGED.

NEWARK, N. j., April 10 R.-E.
g. Grace, president of the Bethlehem
Steel Corporation, told stockholders
at the annual meeting today that the
company showed something earned on
the preferred stock in March and that
he was hopeful Of profit in the sec
ond quarter.
1.-THE trend of business is encourag-
ing" he added. In response to q
stockholders query as to dividend
prospects for the preferred shares,
Grace said ''the disposition will be to
resume payments as soon as possible. I"
He expressed the opinion that business
in the second quarter will 60 long
way toward earning the preferred
dividend for that quarter"
Evening star., 1934-04-10
Nat BeiiAs Hess. .
Nat Bd d Sh Crp !.
NatContainer. 80.
Nat Fusl Gas a..
Nat P0 IL nj (el

Nat Fusl Gas a..
Nat Pw q l. pf (el
Nat Refining. Il
Nat Rubber Ach.
Nat Service. ....s
Nat Transit (S0c).
Natomas Cp(t7h)
N Brad OIL (kl0c)
New Mex 4 Arf8 l.
Newmont N k50c.
N 2 Steam (2.20l.
N 7 Tel pf tshD..
Mag Hudson, PW.
Mag Hud r q war
Mag Shrs MdtBl
Nipissing. ng........
Nitrate Chile B. ..
Nor Am Match (1)
Nor Am l. 4 p pf.
No 4 So Am Crp A
Novadel.Agsne(el
Ohio Brass B.
Ohio Copper.
Evening star., 1934-04-10
Directors Reelected.

Current operations of the Bethlehem
Steel Corporation are running at the
rate of So per cent of capacity, it was
announced at the meeting.
Directors Of the corporation were
reelected.
President Grace stated in answer to
a stockholder that "it Is a little too
soon to say whether we would like to
have permanent code for the steel
industry"
The Washington times., 1934-04-26
BOWLES' TRIAL
OPENS MAY q

Norman S. Bowles, disbarred
Washington attorney, will go on
trial in Baltimore May 81 on
charges Of violation of the in
come tax laws, it was announced
today by Judge w. Calvin Ches-
nut in United States District
Court.
The trial date was set after
Judge Chestnut had overruled
seven motions, pleas and demur-
rers filed by the defendant
against the indictment.
Joseph c. Turco, Washington
attorney, who is representing
Bowles, argued that the statute
of limitations had expired in the
case, but the judge held that it
did not expire until March Is
this year, and therefore the in.
dictment was valid.
BowleS, arguing that the indict-
ment should be dropped on the
ground of immunity because he
had testified before the grand
jury in another case, charged
that he had been Threatened
and browbeaten."
The indictment charges that
BowleS failed to file an income
tax return in 1880, and that he
filed fraudulent return in 1881.
The Washington times., 1934-04-26
PRICE Of COAL
PROTESTED

Washington merchants and
others who are protesting against
increases in mine prices OF btu
minous coal will be represented
at a meeting at White Sulphur
Springs today of interests SIM
ilarly affected by the price rises.
The coal division of the Mer-
chants and Manufacturers ASso-
citation Of this city is sending a
representative to the meeting, and
is asking SmokeleSs coal operators
to give serious consideration to
the effect advances have already
had, and to the losses that may
be sustained as a result of further
increases.
Mine prices of smokeless coal
have been advanced several times
since last August, it is said, and
coal merchants have been told by
many customers that they plan to
shift to other fuels unless some
relief is obtained.
The Washington times., 1934-04-26
O4ICKE'S DAUGHTER By EenOre Melerin

arate integrity. Marry a rich
man and you marry death as
far as the spirit is concerned.
OF course he'll put your soul
into a nice diamond studded
casket. But a person who appre-
ciates the one and only value in
this world which Is living COM
pletely and richly won't give up
experience for all the baubles
that were ever manufactured.
"The second type Of man. the
man whose work is his passion
and who wants you to be a nice
convenient background for him,
having his meals, running his
home and raising his children
is another kind of death. The
only man you should marry, Pip
pin, is the man who treats lou
as an equal, who wants a real
companion and who can't wait
until he shares with you the
treasures Of his mind and
heart"
"Is that man you, Gregg?'
"You guessed it, old thing. I'm
the only one you've met so far;
probably the only you'll ever
meet with whom your own indi-
viduality can have complete ex-
preston. The one man who
won't want to hamper you: who
won't let you dwindle; and the
only one with whom you can be
truly and permanently happy.
Think it over!"
Ito Be COntinued).
Copyright. 1884, King Features
Syndicate, Inc.)
The Washington times., 1934-04-26
RECITAL ENDS SEASON

Howard University's Glee Club
was presented in recital before
the students and faculty Of Miner
Teachers College yesterday. The
club was under the direction Of
Prof. Roy Tibbs. This concert con-
cluded the activities Of the club
for this season at the university.
The Washington times., 1934-04-26
CONCERT SET SUNDAY

The second annual concert viii
be held at st. Cecelia's Academy
at 8:15 p. m. Sunday for the
benefit Of the scholarship fund of
the academy. Artists included on
the program are Mary O'Dona-
ghue, Evelyn Thomaides, Fred
East, William F.. Raymond, Edwin
c. Steffe and Charles Tittman.