davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1934-05-03

New York, May 3.--(uP)-AA
Inst minute sell0ff on the stock exc
change to-day wiped out early
galnB and registered tho 18th sue
cosBive daily decline.
Trading had been Hight with
prices firm. Then q slow reces.
sion occurred. Leaders slipped
back TO their previous closing low
els and many went below.
American Telephone which had
reached il5k up v points broke
below Its previous close Of ia.
National Distiiiers lost n full point.
American Can wiped out q small
gain. Cclunese broke toward itH
low for the year. Steel common,
Westinghouse Electric, Crysler,
Auburn Automobile, New York
Central, Woolworth and q long LIST
made small losses.
Traders were displeasod whom
the list which failed to generate
activity when prices were rising
In the decline volume picked ur
but tlckors were able TO keep pace
There was a small amount oi
short covering In the cardy deal
ligs, especially In American Telc.
phone and In Spiegel, May, stern
rho latter had been forced dowT
3 Ia points yesterday. Today n
lts high II was at IS f-s up 81 81
points from the previous close.
Oils were strong for time un'
der the leadership OF standards Of
New Jersey and California. Motors
were good TO tho last minute wher
Chrysler sold Off.
Consolidated Gas slipped bacl
to n new low for the year ant
other Utilities we're barely stead,
on investigation fears and outlool
for rate cuts.
stock sales today approximate:
1,fl0,000 shares against f,340,00'
shares yesterday. Curb sales toda,
were 177,000 shares against 200,
600 ssares yesterday.
Dow Jones preliminary closini
averages showed industrial, 9S.O.
up 0.12, railroad 1854 UP 0,2b
utility 1895 Off 0.16.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1934-05-03
WHALE SHARK IS
IMPALED ON BIG
VESSEL AT SEA
Caught on Bow Of the
Liner II Was Finally
Cut in Two

New York, May 3--(UP)--A
newepic of the SEQ In which a
Vicious 45-foot whale shark at
tucked an ocean vessel and I'm.
paled itself on her bow was told
today by the crew Of the Grace
liner Satin Lucia.
The stem of the liner, which ar.
rived from Central America ports
was curved slightly az muto evl.
dence of tho unusual battle that
occurred April rs In the Gulf OF
Darien.
The shark, according to A. r..
Richards, a veteran whnler, was Inn
paled about 10 feet from Its head.
Unable TO free itself. II lasbed the
water with terrific force and cast
a phosphoresccnt glow as II was
pushed ahead OF the vessel
SO large was the shark that tho
ships speed was slowed about one
knot.
Members OF the crew felt slight
shock about 1880 q. M, Richards
said. Investigation disclosed the
huge fish. at first believed TO be
a whale. Lights were rugged up on
the bow TO afford better view.
Reporting the incident, Richards
continued: st,
ITS head extended about 10 feet
on the starboard and Its tail about
35 feet along the port side. The
ship was rising and falling to the
northeast swell lifting the fish 10
the surface at the top of the swell.
inspection revealed II was not a
whale but rare specimen of a
whale shark. Is feet In length and
about six feet in diameter. Shortly
after p. m. II still appeared to
be alive. We did not put astern,
hoping II would remain there until
daylight when It could be studied
more closely.
1T remained across the bow all
night. About n. m. II cut in two
and fell away"
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1934-05-03
BOSTON CRITICS
DIVIDED ON PLAY
Much Discussed ORA m a
Was Presented By Har-
ward Last Night

Boston. May 3.-(UP).--Boston
dramatic critics were divided to-
day as to the merits OF "a Bride
for the Unicorn" as presented by
the Harvard Dramatic club IN
BrattIe hail. Cambridge. last night.
The play attracted wide notice
because Miss Ada L. C0mstock,
president OF Radcliffe College. re-.
Gently said the feminine roles were
"unIt" for her students and for.
bade their participation. Several
Boston girls. some OF them social
reRisterifes. were substituted.
Declaring that the play was
"composed OF q series OF Insaneiy
devised parallels and attempted
symbolizin." the Boston Post said
that "whasever the author fDenis
yohnsfon) was trying 20 say was
somehow lost IN the saying" The
Post said Miss Comstock. In bar
elng Radcliffe girls from tho east.
HF8bnnss WIS prompted by q fear
~fof the strain upon their sanity"
on the other hand. the Boston
Herald though the club did "a real.
" effective Job"
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1934-05-03
FOREIGN BONDS
SHOW INCREASE

New York, May 3.--Reprosenta.
tive foreign bonds rose 0.24 per
cent during April compared with q
decline OF $3.50 per cent during
March on the basis Of tho index
OF Foreign Bond Associates, Inc,
which comprises 30 European, 10
South American and four Aslatic
Issues. The South American
bonds rose 0.b3 per cent during tho
month and the European 0.32 per
cent while the Aslatic bonds fell Off
0.s2 per cent, tho trust announces.
In Mnrch the European bonds de-.
clinod b.26 per cent while the
south Americans fell off 1,02 per
cent and the Asiatic rose 1855 per
cent.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1934-05-03
4 90 Stocks Drop 3. so
During Past Month
market Value Of Representative Common List Still 81
y: Percent Higher Than Year Ago

500, 07g. 900. The largest advance
in dollars was Si7,34S, 600 IN tho
foods. W.
On n percentage basis the nteeis
dropped 90 per cent; the motors,
I'll per cent; the chemicals, as per
cent; the utilities, ~ per cent; the
electrical equipments. 4.6 per cent;
the rails, as per cent: tho ellis. SO
per cent: tho retail shares, 2.s per
cent: and the building shares, 2.6
per cent. Tho advances were 81
per cent IN the foods: IL per cent
In tho miscellaneous industrials:
III per cent In the railroad equip.
monts; and three. tenths OF ono per
cent In the mines.
The following table shows the
extent Of price changes by groups
during the month OF April
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1934-05-03

New York, May 3--The market
value OF 100 representative com.
mon stocks decreased ebli,4A2, 900
or e.b per cent IN April 20 Sf4,.
0p3.o97, 00e at the end OF the month,
according TO Frazier Jelke q Co.
This compares with an advance Of
egl,Oel.000 IN March, decline "
Se0e,ies,o00 IN February, and an
advance OF si,Sse,is0.O0 in Janu.
airy. Tho market ynlio OF tho group
on April 30 was S4so, eS0. 900 hiRh.
81 than on December 30, 1893, and
$3.50, $4,000, or 81 per cent,
higher than on April 20, 1893.
In April nine groups declined
and four advanced, Tho largest
drop on n dollar bnsls was 1850.
34s,00O In tho motors. The oils d..
precieted see,176,000 and tho rails
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1934-05-03
WOOL MARKET.

Boston, May 3-UP)-'rhe Bos-
ton wool market remained duh to-
day.
The Agriculture Department
said: "A few manufacturers are
lnuuirlng for combing woods but
they apparently are not In any
hurry to buy. Occasionally they
take o few sample bags. In many
cases, tho chief interest IL In
determining the qualities, amounts
and prices OF woods available.
Quotations are about steady to
firm on spet domestic woods. There
are Indications OF sentiment being
bolstered UP n little In this market
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1934-05-03

sT 4aIcr q q G e2QTsRirIeyr \. p pS
Rate coIRT. May srd, 1888.
ESTATE Of ROCCO cAPODANNo.
late Of the Town OF Waterbury.
In Said District. deceased.
The Court Of Probate for the
District Of Waterbury, hath limited
sns allowed sss., 81 Elk mo- s from ths
said estate 20 exhibit their claims
for settlement. Those who neglect
70 present their accounts properly
nftesisd within said time, will be
debarred recovery. All persons
Indebted 10 Enid state are Requests
Cd % make Immediate payment 20
PHILIP cApODANN0.
|k-s.at Administrators.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1934-05-03
SPY ARRESTED
MADE CONFESSION


After his departure. much mail
arrived and was givef. TO the po-
lice. II included a letter fixing m
appointment In Paris. Ate = q
comparatively brief quizzing when
he was arrested. police said ne
named Froge as the writer OF the
letter.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1934-05-03

By the fact that opening prices ~
London this week were on from
the previous close less than had
been anticipated before the open.
Ing"
The Washington times., 1934-07-25
French Franc
Goes HIGHER

NEW YORK, July Is.
(I.N.S.).-Settlement Of the
French cabinet crisis by Pre-.
mier CASTOR DOumergue rallied
the franc above the gold
point to 6.593S cents, up a
quarter of q point from yes.
terday. At tOday's level gold
exports, which appeared likely
yesterday, are no longer profit
able.
The recovery in the franc
put the dollar down to $50
cents against 6.63 yesterday.
At the same time the price
of gold in the London open
market was advanced another
half penny to 1877 shillings 1113
pence an ounce. Converted into
dollars, this was equivalent to
S34.77 an ounce against $S4.76
yesterday.
The British pound sterling
declined One-eighth Of a cent
to S5.O41s. Scandinavian ex-
changes were a shade easier in
sympathy but the Canadian
dollar was unchanged.
Other European gold cur
rencies were Steadier i'm SYM
pathy with the franc. Belgian
BeIgas gained at 1888 and
Duth GuiIderS 2 at 67.6S but
Swiss francs declined / to
~. 60.
The Washington times., 1934-07-25
General Foods Net
Is SLIP O. Share

The report Of General Foods
Corporation for the six months
ended June 80, made public to-
day, shows net profits, after all
charges and provision for taxes,
of $5,882,712. This is equal to
SLIP a share on the 5.251 ,440
shares Of common stock outStand-
ing June 80, and compares with
net profits of $6,342,562 for the
corresponding six months Of 1888,
or $1.20 a share, on the 5,251 1468
shares then outstanding. =
Net profits for the second
quarter totaled $2,203 ,062, or AZ
cents a share, as against So, ,104.-
394, or 50 cents a share for the
second quarter Of 1888. -
The Washington times., 1934-07-25

Montreal funds i'm New York, S1S.OO
premium at $1,000.
The Washington times., 1934-07-25

Joseph Kennedy, chairman of the
newly formed Securities and Elk.
change Commission, slated for
this afternoon.
Fresh liquidation again broke
out in the metal shares, which had
showed firmer tone at the open
ing. United States Smelling was
again freshly offered, unsettling
How Sound, Alaska Juneau and
American Smelling.
The Washington times., 1934-07-25

lows To-Day, With
losses running
to a point in
many instances.
The renewed
selling W h i C h
b r o k e o u t
shortly before
the end of the
first hour came
in the t &C e
of Wall Streets
n o p e S I o r 3
rally based on
technical con-
Siderations and
t h e r a d i o
The Washington times., 1934-07-25

steel production. But despite
strenuous sales effort, motor pro-
duction appears to be out-running
retail purchases of cars, and, in
general the statistics of car load
tngs, retail trade and bank clear
ings are backward.
AS usual, too, there is the
tendency to get the cart before
the horse. Prices are marked up
first. Then speculative buying
comes in. But earned puchaSing
power and buying for ultimate
consumption do not increase. Thus,
the rise in cotton prices on &C.
count of drought conditions in
the Southwest was the chief fac
tor in an increased demand" for
cotton goods.
Debts Lower
Both railway car loadings and
bank debts last week were ap-
preciably below a year ago. These
facts are not very significant in
a statistical sense, because of the
abnormal pre-inflation squirt last
July. But they are significant as
leading to public disillusionment
concerning the New Deal as a
business recovery program.
About the only things which
are higher than year ago are
automobile production, commodity
prices, unused bank deposits, pub
lie debt and taxes. More persons
are employed" but, strangely
enough, they are producing small
er quantities of goods and buying
less.
Last week car loadings and the
volume of bank checks drawn
made less than seasonal gains
Retail trade was backward and
mail order sales appear to be ac-
tually running below a year ago
on account of drought conditions.
Wholesale trade was very spotty,
as retailers are limiting purchases
for the fall. The Southwest,
which was formerly so active as
a result of Government spending,
has now slipped badly, and re-
ports from St. Louis and Kansas
city are not favorable.
Doubt Grows
One influence causing the set
back in the stock market has been
the growing doubt about the
hoped-for expansion in business.
can see no basis for forecasting
that far ahead, however, for the
reason that prediction is impos-
Sible when everything depends
upon what the President and mis-
little group of advisers will do.
It does seem unlikely that there
will be much of a Fall rise unless
the New Dealers dole out a great
deal OF money. This condition
seems to make it all the more
probable that this is just what
they will do. They badly need to
hold their political ground in the
fall elections. But labor unrest is
widespread, the NRA is subject to
increasing attacks, and farm dis
content is growing. (Witness the
attacks on the Bankhead cotton
scheme in Texas.) So a fal,
spending and lending spree seems
to be the best bet.
Talk Interests
The recent talk of "conserva
tive" Government financing in the
shape of a long-term bond issue
is interesting. But, if this is really
contemplated, it will only increase
public debt and lead to more
spending, which are the Surest
ways to currency initiation.
I doubt the story. The Treas
ury could perhaps float a moder
ate issue by forcing the banks tc
take more bonds. But if our cur
rency is to be stabilized the Gov
ernment will have to cut its spend
ing and balance it's budget. These
steps are not at all possible, Sc
the Treasury will remain unstable
and there can be no real invest
ment market for bonds.
The Washington times., 1934-07-25

AS usual with
the various new
deal Spurts, I
note tn re
seems to be a
tendency in in
dustrial produc-
ton to pick up
more than COM
mercial lines or
C o n S u mption.
Thus, the sharp
est rise came in
automobile pro-
duction, a n d
this was the
chief factor in
the little rise in
The Washington times., 1934-07-25
.HANEY DOUBTS
GAIN WILL Be
SUSTAINED
BY LEWIS HANEY
Professor of Economics
NetD York UniverSity.)

Industrial activity rose a little
last week. The gain, however,
was not very encouraging, since
it was partly due to comparison
with the extraordinarily sharp
slump in the first week Of July,
and partly to artificial factors.
Few observers take it to indicate
a sustained turn for the better.
The Washington times., 1934-07-25
WASHINGTON STOCKS

SALES
Anacostia and Potomac Rail.
road IS, guar, $1,000@1O01a.
Potomac Electric con. SIS, $1,000
@1055s, $1,000@1055s.
Washington Gas SIS C58 $1,000
@100A, $1,000@10014, $1,000
10014, $4,000 100A.
AFTER CALL
Potomac Electric 512s pfd., 2
@113.
Anacostia and Potomac Railroad
SIS, $1,000@73h.
The Washington times., 1934-07-25
PRICES TUMBLE
UNDER SALES
PRESSURE
Bv LESLIE GOULD

NEW YORK, July Is U.N.SO.
Resumption of liquidation sent the
stock market tumbling to new
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1934-08-18
Browde Urges United Front Of Struggle against Reaction Youth
Congress and Promises Unity

reau of Young America, led by a
"pipe-smoking Miss lima, daugh-
ter of an Abyssinian prince, show
cred the press with futile cries
that they had been tricked by the
reds, the credentials committee
elected by the delegates reported
that 70 organizations, with dele
gates coming from is different
states. were present at the Con-
gress. There were 81 national or
carnations represented. The to-
tai membership representation at
the Congress was announced as
100000 young men and women.
More Delegates Desert Fascists
Included in these organizations,
besides those previously mentioned,
are the Boy Scouts, Girl Scouts,
Fisk University, National Municipal
League. Zionist youth and many
other of a similar broad nature.
All through the sessions new ce,e-
gates arrived, who had originally
remained with the fascist lima
group. AS they witnessed the I'M
folding of the fascist group the
sincere representatives were re-
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1934-08-18
Court Limits
Picketing in
Bread Strike

NEW YORK-The decision of
Supreme Court Justice Samuel H.
Hofstadter, announced Thursday
stating that consumers have right
to picket against exorbitant prices
of food, is actually an, attempt to
limit the picketing Of various Bronx
bakeries now going on, officials of
the 174th Street Neighborhood
Organization, the body leading a
strike against the high price of
bread in the Bronx, declared yes
terday.
cat the same time" one of the
CARNATIONS officers stated to the
Daily Worker, "the decision of
Justice Hofstadter is partial vic
tory. 1t is legal recognition of the
fact that fight against the high
price of food-one of the forms of
which is bread strikes-is mount
ing.
However, it was declared, the
picketing, according to the courts
decision, is restricted, pickets being
permitted only from 9 am. to 6 pm.
The most important times, neigh
borhood people say, are the shop
ping hours, before nine in the
morning and after 6 in the evening,
when house wives generally pur-
chase fresh bread and rolls.
The strike was begun five weeks
ago when three bakeries, Max
Julian, Inc, Miller Brothers, and
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1934-08-18

as we'll as all organizations here,
in Washington, at the opening
Of Congress on Jan. IS. This i'm
portant decision was accepted
unanimously, laying the basis for
continued united acton between
the Young Peoples Socialist
League. Young Communist League
and the other organizations pres
ent. The resolutions were not
vague declarations, but insisted on
local united actions of all groups
present, to win relief for the
youth.
Differing from four other speak
er5 including Norman Thomas, Earl
Browder, general secretary of the
Communist Party, brought clear
MARKHAM analysis of the only way
out OF the crisis, by the path of
revolution. to several hundred dele
gates and visitors to the First
American Youth Congress at New
York University last night.
In crowded assembly room. rep
rcsentatiyes OF American youth
we're Congratulated by Browdea on
their having smashed a potentially
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1934-08-18

fascist movement guided by the fed
eral government. They were told
by several speakers that unity es-
tablished here was sign of i'm
pending general unity of the entire
American workingclass.
Thomas Promises Unity
Thomas, who spoke for the So
cialist Party, and the other speak
ers received the greatest amount OF
applause when they spoke of the
necessity and possibility of unity
Norman Thomas specifically en-
dorsed the unity achieved at the
Youth Congress, and surprised the
audience by announcing that the
unity attained in France would be
duplicated in America. He stated
that the unity proposals of the
Communist Party would be consid-
cred by his party on Labor Day
weekend. Thomas also endorsed
the Workers Unemployment Insur-
ance Bill, H. R. 1898.
Browder, speaking after Thomas
and representatives OF the Farmer
Labor Federation and New America
took up the question Of unity.
Unity of struggle against reaction
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1934-08-18
Red Builder Resists
Thugs Who Beat Him
To Halt Daily Sales

NEW YORK.-Jack Mandelbaum,
1000 DAILY Avenue, Bronx, Red
Builder, was beaten by two uniden-
titled men at Claremont Parkway
and Third Avenue when he defied
their order to stop selling the Daily
Worker.
A policeman who appeared on
the scene made no effort to arrest
Mandelbaum's assailants but or
dered him to leave the intersection
and threatened to Arrest him if he
persisted in selling the Daily
Worker there.
Mandelbaum said yesterday to the
circulation manager:
Il am going back there again.
but this time with the support of
the members of the Middle B-oix
Workers Club and tne local branch
of the International Labor Defense. .
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1934-08-18

pulsed and returned to the Con-
gress. Among these was the dele
gate from the National Protes-
tant Church youth groups. who
could not stomach Ilma's militarist
plans, and one from the Transient
Camps of New Jersey. The latter
delegate had been picked by the
federal government to come and
show how wonderful these camps
are. He did the opposite in the
Congress.
Among the first resolutions voted
were those endorsing the Workers
Unemployment Insurance Bill, de-
nunciation Of the transient camps
and C.CC. camps, demanding vo-
catio1al training for all youth be-
tween the ages of Is and 20, and
abolition of child labor.
Plan National Youth Congress
+ But one of the most important
steps taken was that of instruct
ing the Combinations Committee
to be elected at the close Of the
Congress to call a huge An. ericsn
You h Ccngrecs, With representa-
tives from shops and the farm,
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1934-08-18
Celebrate 18th Anniversary
OfConlmur.ist Party, Making
Daily Secure During Year
Statement of the Central Committee, Communist
Party, U. S. A.

Sixty thousand dollars (S60000) must be raised dur
ing the next three months by the Daily Worker and the
Communist Party Of the total fund.- $4,000 required
by the Communist Party to carry and extend its
lutonary work The additional for the Daily Worker
is needed for these four principal reasons:
Q) To assure the continued publication of the Daily
Worker.
(2) To enlarge the Daily Worker to eight and more
pages.
(3) To publish three editions each day of the Daily
Worker
(4) To give the workers and farmers not only
revolutionary paper but for the first time in Americas
history to spread the message and spirit and underlying
values of revolutionary daily newspaper to every
of the United States.
For this vital task the Central Committee calls upon
all workers and their organizations and particularly upon
the units sections and districts of the Communist Party
to aid to the full limit of their energy.
The celebration of the fifteenth anniversary Of the
Communist Party should in the first place. center around
assuring the security of the Daily Worker 1t is the Daily
Worker, than any other single instrument, which
daily expresses the leading role of the Communist Party
in the workers struggles and advances revolutionary
struggle toward the seizure of power and the establish
ment of workers rule
Comrades, the Daily Worker is indispensable for the
entire working class An improved and enlarged Daily
Worker is needed
The attacks the toilng Masses the workers. farm
the Negro people increasing Living conditions
being further undermined with each succeeding day
of the crisis The civil rights Of the Masses the right
organize, to strike to picket to hold meetings being
restricted The Roosevelt administration is clearly headed
toward fascism and its way out of the crisis In
such situation the workers fight to retain their
own organ the Daily Worker, to expose the plans and
activities of the BOSSES and to develop and lead their own
struggle against Roosevets hunger, fascist and war
policies.
The Daily Worker lives only with the support of the
workers The income from daily sales does not sustain
the paper in the absence of heavy advertising revenue
such piles profits for captast-conrolled papers 1t
has been the direct contributions from thousands of work
ers and their organizations which have enabled fight
on for more than ten missing single issue
The Central Committee is confident that the workers
and the Party units and committees will respond this year
as they have responded in the past.
During the past year the paper has improved in
Continued Page q