davidaulloa/AmericanStories huggingface dataset:
Evening star., 1934-03-11
CHEERED
AS TRADE SHOWS
BIG IMPROVEMENT
Bank CIearings Are Best
in Four Years-RaiI
Traffic Jumps.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK. March 10.-Cables
and radio dispatches to Business
Week give the following survey Of
business abroad for the week ended
today:
ACKNOWLEDGEMENTS which failed
the city for several weeks has returned
with a boom on the industrial share
market this week following the best
bank clearances in four years, record
railway traffic and bullish speeches
by railroad -chairmen. Unemploy-
ment dropped 1900 in February,
placing the total number Of jobless
539, 900 below the figure q year ago.
Even the governmental tension
eased this week. Pending cabinet
reorganization in the Fall, and on the
promise that q separate ministry will
be formed to deal with the slum
clearance and housing problems, press
criticism is called off,
Trade talks with the Japanese
have virtually ended, due to the in
ability to agree with Japan on the
area to be considered in the negoti-
ations Britain insists that world
markets must be allocated; Japan
that only empire markets enter the
picture. Meanwhile, attention has
focused on President Roosevelt's eW-
dent readiness to negotiate new BIZ
lateral trade pacts. Britain Is di-
vided on the probable effects. One
group feels that advantages are to be
gained; but another large group feels
that British competitors are likely to
reap the greatest advantages"
French Outlook Worse.
PARIS.-"In terms of business,
February was generally the worst
month yet experienced in France. The
depression hit this country later than
it did most others, but in recent
months it is cutting deep. Business
turnover taxes in some branches were
80 per cent to 40 per cent lower than
in February year ago. The tourist
and hotel trades are most affected,
suffering increasingly from the un-
favorable exchange rate against the
franc among the most travel-con-
scious nations.
"The French budget was passed
this week. Unexpectedly, it made no
pretense at balancing, even on paper.
Intimates of the finance minister,
however, understand he is already
counting on the decree powers granted
to the cabinet to bring the budget into
balance. Before the end of April
drastic slashes are likely to be made
in government expenses. It is doubt
full, however, if even DEGREES can pro-
duce the 5,000,000,000 franc savings
that will be necessary to bring the
budget actually into balance.
Passage of the budget had an i'm
mediate favorable effect on govern
ment credit. Rentes are firm again.
But money continues scarce. The lat
est city of Paris borrowing was nego-
tiated at 5.19 per cent, in contrast
with rates in Dutch cities not exceed
ing per cent.
Private industries, when able to
Continued on Page 3, Column g.
Evening star., 1934-03-11

D. Webb, Walter H. Newton, members
Of the Home Loan Bank Board; Horace
Russell, general counsel Of the Home
Owners Loan Corporation; Thomas w.
Elicit, executive. vice president of the
Home Loan Bank Of Winston Salem,
N. c., and Morton Bodfsh, executive
vice president Of the United States
Building and Loan League.
After dinner q splendid entertain
ment was enjoyed, with dancing until
l am. The first annual banquet was
held on the Tooth anniversary OF the
founding of building and loan, and
since has become an annual custom,
bringing together the officers. direc-
tors and employees Of the II building
and loan associations, which form the
District Of Columbia Building and
Loan League. These associations con-
troll SO per cent Of the assets OF the
District of Columbia In building and
loan associations, amounting to more
than 90,00O,O00.
The following committee was in
charge Of the banquet: William S.
Quinter. chairman; Edward c. Baltz,
Robert E. Buckley, Charles w. Schafer
and Fred A. Smith.
Evening star., 1934-03-11
u. S. Steel Shows
Sharp Increase in
Shipments Total
February Brings Climb
of 53,723 Tons to
385,5OO Mark.
BY the Associated Press.

By the Associated Press.
NEW YORK, March 10.-United
States Steel Corporations February
shipments of finished steel products
increased 53,723 tons to a total OF
1876. 500 tons.
Shipments in February, 1898,
amounted to 275,929 tons, while for
the same month in 1882 the total was
413,001 tons.
For the first two months Of this
year the aggregate was 717,277 tons
against SOL, ,067 in the corresponding
period of 1888. February witnessed
a substantial advance in the steel
business.
The American Iron & Steel Insti-
tute reports that the average hourly
earnings and total wages of workers
in the entire steel industry were
larger in January than in December.
The number of employees, however, de-
creased from 1874 ,943 to 393,013.
Total wages for steel employees re-
ceiving hourly, piece-work or tonnage
pay amounted to $26,737.393 COM
pared with $26, ,439 $3.50 in the preced-
ing month Average earnings per
hour in January were 58.3 cents COM
pared with 57.8 cents in December.
Wages and salaries of all employees
in the steel industry for January
amounted to $34,877 ,542 compared
with $34,323,694 in the preceding
month.
Evening star., 1934-03-11

Sales volumes in some of the
smaller cities in the district must
have been extra good in February.
As noted above, group Of small cities
reported an increase of q per cent,
the best record attained. There were
10 stores in the group.
National Sales Also Climb.
The Federal Reserve Board reported
here yesterday that preliminary fig
ures for February indicate that, as
is usual at this season, there was
little change in department store
sales from the preceding month. The
Federal Reserve Boards index, which
makes allowance both for number of
business days and for usual seasonal
changes, was 10 in February on the
basis of the 1923-1925 average as
100, compared with So in January
and 50 in December.
In comparison with a year ago, the
value of sales for February, according
to preliminary figures was 16 per cent
larger. Increases compared with last
year were reported for all districts,
the largest increases being in the
Dallas, Atlanta, Chicago and Cleve-
land districts. The aggregate for the
first two months of the year was II
per cent larger than last year.
Percentage increases from a year
ago are as follows:
Evening star., 1934-03-11
BUS TRAVEL MOUNTS,
BUT REVENUES DROP
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, March 10.-Redect-
ing increased business activity and
employment resulting from the de-
termined drive for business recovery,
bus travel showed q moderate but
encouraging increase during 1888 as
compared with the previous year.
The magazine Bus Transportation
points out in its current issue that
1,672. .00o, 900 people rode busses last
year, as compared with 1862 800 900
in 1892.
Despite increased patronage, the
total gross revenue Of the bus indus
try Is put BY Bus Transportation at
$3.50 200 900, which is $4,000, 900 less
than for 1892. Decreased revenue
in spite Of increased patronage Is
laid to lower bus fares made neces-
. s0y u aampstitiso sonditaons.
Evening star., 1934-03-11

SAQIC1I.
Last Fall DR.. Stockdale was on the
National Life Underwriters program in
Chicago and in January of this year
a special speaker for the State Under
writer's Association of Texas in their
conventions in Houston, San Antonio
and Dallas.
DR.. Stockdale has studied in OK
ford, England, travelled extensively
throughout Europe and has been
known widely in the United States
as a lecturer.
The motto for Independence week
Is THE Corner Stone of Mans Finan-
cial Structure-Life Insurance"
j. E. McCombs, general agent of the
Berkshire Life Insurance Co., is chair
man Of the Arrangements Committee.
Evening star., 1934-03-11
Barreled Apple
Prices Go Higher
On London Mart
Special Dispatch to The Star.

Special Dispatch to The Star.
MARTINSBURG, w. Va, March
10.-Barreled apple prices were steady
to slightly higher, but boxes were gen.
orally lower than last week on the
British markets Wednesday, March z,
according to a cable from Fred A.
Motz, fruit specialist in Europe for
the Foreign Agricultural Service Of
the Department Of Agriculture.
Imports have been little heavier
than usual for this season Of the year,
which accounts for the slowing up Of
the normal seasonal price rise. I'm
ports this week totaled $4,000 bushels
against 468,000 last week. Larger
quantities, or 364,000 bushels, are ex-
pected next week. Last year at this
time unloads amounted to 354, 1000 and
in 1882 they were 267,000 bushels.
Well over half of the supplies were
of Canadian origin.
The moderate supplies Of apples
available this week met a good in
quiry on part of buyers. The condi-
ton of the fruit was good. Prices
at London appeared to be somewhat
above those ruling In Liverpool for
barrels, but sliehtly Dwsg On bozsA.
Evening star., 1934-03-11
STORE SALES INCREASE
IN ST. LOUIS DISTRICT

BY the Associated Press.
ST. LOUIS, March 10.-Department
store sales for the eighth Federal
Reserve district increased an average
Of 23.4 per cent in February as COM
pared to the same month a year
ago, a preliminary report Of the bank
today showed.
The greatest increase was shown
In Eldorado, Ark, where the gain was
1916 per cent. Little Rock, Ark. made
the second largest gain with 34.8 per
cent and Memphis followed with 27.6
per cent.
Other gains were: st. Louis, 22.9;
Louisville, 15.7; Evansville, Ind, 1879:
Fort Smith, Ark, 1872, and all other
reporting cities, 27.3.
Evening star., 1934-03-11

building and loan
officers and en-
ployes in atten-
dance.
Carl ]. B er g.
mann, president
Of the lea 6 u e.
presided as toast
master and made
the address Of
welcome. Among
the invited guests
were John H. Fa-
hey, chairman Of
the Federal Home
Loa B a n X
Board; William
2 Stevenson. q.
Evening star., 1934-03-11
EXCHANGE URGED
.FORCANNEDGOODS
20 Memberships Already
Sold at Philadelphia
by Sponsors.
BY JOHN A. CRONE.
Special Dispatch to The Star.

6pCSidi AlopdtSh W 4Ac StaI
NEW YORK, March 10.-The
movement in Philadelphia to estab-
1ish a commercial exchange for
canned goods directs attention to the
prospects for the canning industry.
This is the season when Gamers are
contracting for acreage and can
manufacturers are piling up cans.
The canning code remains to be
approved. Only recently the idea Of
allocating packs was abandoned by
the administration as being too late
for practical use in this coming
season.
Proposals for the establishment Of
an exchange in Philadelphia are
viewed with interest here, as the
Quaker City is the logical center for
the "Tri-State" area, Maryland,
Pennsylvania and Delaware. These
States, with New Jersey and Vir-
ginia, are important growers of corn,
peas and tomatoes, the three COM
modities to be dealt in.
Memberships Sold.
Sponsors for the Philadelphia ex-
change already have sold 20 mem
berships. The exchange plans to
deal In both spots and futures In
corn, peas and tomatoes. Listings
will be confined to one size, the
popular No. Q tin. The unit Of trad
ing will be 1000 cases.
Gamers in general would favor a
resumption of futures buying and SELL
ing, as soon as their code Is approved,
since they would be able to obtain
credit, gauge operations and eliminate
costly warehousing. Under futures
market the Gamer would sell to the
wholesaler and ship direct, the latter
being responsible for warehousing un-
till the goods moved on to grocery
shelves. Now Gamers not only have
to finance paintings and canning oper-
ations but have to carry stocks In
warehouses until taken by wholesalers.
The present small carry-over OF
canned goods, due in part to weather
in the 1888 growing season, which cut
tl1c PAIN, dLu pdIC w Vic PoSASAo
inability to obtain credit, has caused
Gamers to contract for paintings more
literally this year than year ago.
Camps Help Sales.
The large camp population, such as
c. c. C. and P. w. A. workers and the
severe Winter, which made fresh
fruit and vegetable deliveries in some
sections unprofitable, have quickened
the rate of canned goods consumption.
Inventories are much below last Octo-
ber l estimates, which showed lead
ing packs down from 13 per cent IN
the case of beans to "a per cent in
the case of tomatoes from those OF
the same 1882 date.
The inventory situation also has
caused canneries to place larger or
ders with can manufacturing COM
panies, which In turn have consist
emily stepped up their orders with
steel mills.
(Copyright. 1934J
Evening star., 1934-03-11

10 to "a. The
observance here
will start of with
q breakfast at
the Willard Hotel
Monday morning,
March 19, at
$3.50. It was an
nounced yester-
day by Thomas
P. Morgan, jr.,
association presi-
dent, that the
guest speaker will
be DR.. Allen A.
Stockdale, pastor
of the First t
G on & r egational
Evening star., 1934-03-11
PHILIP PHILBIN SELLS
ATLAS TACK HOLDINGS
" the Associated Press

By the Associated Press.
CHICAGO, March 10.-Purchase OF
the stock holdings of Philip H. Phil
bin in Atlas Tack Corporation by the
Guardian Securities Co. was an
nounced today by Arthur Greene,
president of the privately owned
investment trust. It was explained
at Greene's Office that the purchase
was made for investment purposes.
Greene also is head Of the Mer-
chants Il Manufacturers Securities
Co., but this company was not con-
,srnsd n ths tack stock daAl. 49,.
Evening star., 1934-03-11
HOSIERY SALES LAG.

NEW YORK, March 10 @.-1n ad-
dition to price. weakness, the absence
Of new style features is given as one
Of the reasons why better grade, full
fashioned hosiery sales for Spring are
kadng, according 70 sailing asenta
Evening star., 1934-03-11
Pastor to address
Underwriters at
OPeningProgran,
Rer. Allen A. StOckdale
Speaker for Financial
independence Week.

Members of the District Of Co.
lumbia Life Underwriters Association
are pushing plans for observance Of
"Financial Independence week" March
Evening star., 1934-03-11
Total Advance for First
Two Months of Year
Amounts to 8.5.
CHARLESTON IS LEADER
IN FEBRUARY SHOWING
Trade in West Virginia City Rises
1858 Per Cent-Reserve Area
Averages II Per Cent.
BY EDWARD C. STONE.

Retail sales in leading department
stores in Washington in February
scored a gain of So per cent over the
like period year ago, according to the
monthly report made yesterday by the
Federal Reserve Bank of Richmond.
This increase of practically per cent
in dollar volume brought the advance
in the first two months of the present
year up to 85 per cent.
The gain for the fifth Federal Re-
serve district, which includes WASH
1ngton, was II per cent in dollar
amount and 13 per cent for January
and February combined, 81 depart
ment stores being covered in the re-
port. The average for the whole 12
Reserve districts revealed a February
gain Of Is per cent and II per cent
for the two months.
Charleston, w. Va, made the best
February showing of any city in this
territory, retail sales being up 268
per cent. Lynchburg reported an in
crease Of 1919 per cent, Richmond
enjoyed an advance of over Is per
cent and business in Baltimore was
practically II per cent ahead of the
same period a year ago.
The Richmond report states that
only Z of the 81 reporting stores had
smaller sales this year than they ex-
perienced in February, 1888.
Retail Sales Compared.
Sales in February and the first two
months of 1884 in this district COM
pare as follows in percentage changes
Evening star., 1934-03-11
BUILDING & LOAN
BANQUET IS HELD
Carl J. Bergman Presides
as T0aStmaster for An.
nuaI Event,

The annual banquet Of the District
Of Columbia Building and Loan League
was held last night at the Columbia
Country Club with more than 200
Evening star., 1934-03-11

February figures preliminary; in most
cities the month had the same number Of
business days this year and last year.
The Richmond district is ahead of
Boston, New York and Philadelphia,
but Atlanta and Dallas are still draw
ing remarkable benefits from those
cotton checks. At least they appear
to be at the top of the whole United
States in prosperity right now.
The Richmond district gain in
January was IA per cent, against 18
per cent for the Nation. Washington
retail sales were up 101 per cent in
January
Evening star., 1934-03-11
Mccall Is Credit Speaker.

Chester H. Mccall, assistant to Sec
retary Roper of the Department of
Commerce, will address the members
of the Washington Association of
Credit Men at the Raleigh Hotel at
1890 pm. Tuesday.
His topic will be Credit and the
New Deal" a discussion of certain
changes which new governmental
agencies and functions are bringing
about, and the significance Of these
de1eIopments to credit executives.
Evening star., 1934-03-11
Exchange Trading List.

Trading was light on the Washing
ton Stock Exchange yesterday, being
confined to Washington Gas bonds.
Gas SIS, 1858, sold to the extent of
$1,000 at SO while $500 Washington
Gas IS, 1860, moved at 1057s.
The most active issue on the ex-
change during the latter part of the
week was Washington Railway &
Electric preferred which saw a turn
over of POT shares on Friday, at 81.
The advance of bonds into new
high ground for 1884 on the New
York Stock Exchange, caused much
satisfaction in the financial district
here at the end of the week. In
creased activity in stocks is expected
as soon as the provisions of the re-
drafted bill to control exchanges are
known.
The financial district Is eager to see
the rewritten bill aimed at controlling
exchanges which is expected to ap-
pear tomorrow. A far more workable
bill than the original is now an
ticipated.
Evening star., 1934-03-11
Retail Sales Compared.

Sales in February and the first two
months of 1884 in this district COM
pare as follows in percentage changes
with the similar periods year ago:
Evening star., 1934-03-11

CONTINUED q 1leD 4 Column II
Evening star., 1934-03-11

Continued on Page 3, Column g.
The tribune independent of Michigan., 1934-02-10
Julius Rosenwald - Christian
BY DR.. r. r. Wright, Jr.

b usiness. but at his death II was
100 times larger than when he took
hold of II. Much of his success was
due TO his policy of "Service First"
He said 10 his customers. Your
money back If you are not salts
fled"
Julius Rosenwald. like John
Wanamaker OF Philadelphia, de-
serves wonderful credit for putting
the idea of service in business.
which idea is generally accepted
today.
Mr. Rosenwald did another thing
which Is notable and proved him
10 be keen humanitarian and
business man: the mail order busi-
ness was developed largely in the
rural districts. Only recently has
there been a large city trade He
caused $30.OoO.000 TO be put back
into the rural districts In Negro
schools To say nothing of other
millions which he invested In serv-
ice.
In 1927 he was awarded a gold
medal for his inter-racial service
! After n careful study OF his life
do not know Of a finer example
10 be presented 10 the American
business man and what the busi-
ness man should do for the COM
muniiy. than that OF Julius Rosen-
wald. whom | beg TO describe as a
master Christian who followed
Christ though he may never have
Joined any churches that bear the
name OF Christ.
The tribune independent of Michigan., 1934-02-10

At z p. m, the choir had charge
and rendered fine program, un-
der the. direction of Theron Ker-
sey.
Many OF the local citizens are af-
fording themselves of the oppor-
tunity to take courses in adult
education, which are sponsored by
the. Federal Government. Night
classes In home economics, drama
tics. community singing, serving,
handicraft. physical education, are
being conducted at Harriet School.
The Civic League is recruiting
Its organization, to be in readiness
to support its selection OF candi-
dates In the coming spring election.
Visitors for the week end were:
Rev. Tate, II. Hicks, Mr.. and Mrs.
George Freeman, of Romulus; Rev.
James Carr, OF Detroit; Rev. ].
Mack. Rev. William Lyons, of Ink
ster, Mrs. Ella Wright, Mrs. Ruth
Green, Ann Arbor.
The late Mr.. Deem, father of Ray
Deem, died Sunday morning, at the
County Hospital.
Memorial service OF Eden Coun-
Gil No. 40S. A. u. X. and ID. of A..
will be held at Good Samaritan
Hall, Feb. IS, at d. m.
The tribune independent of Michigan., 1934-02-10
Junior N. A. A. c. p.
Elect Officers

The local Junior N. A. A. c. p.
branch launched it's 1884 program,
Sunday. Jan. 28, at Plymouth Con-
gregational Church.
After reviewing the accomplish
ments OF the organization during
the past year. a discussion of the
Scottsboro Case followed. being
led by Charles Harris. the energet-
ic director OF the Junior branch.
At the close OF the discussion,
election OF officers was held. The
following were elected: C. J. Rey-
nolds. president; Dorsey Walker.
vice-president; Lucille Durham.
secretary; Leo McNeal, treasurer.
Dorothy Scott. assistant secretary:
John Elfius Irving, Zelma Sykes.
George Dunbar, John Taylor. Flor
ence Stephens and Christine Par
ker were elected floor members to
the Junior Council. with Virgil
Parker and Paris Wlche as direct
ors.
Meetings OF the branch are held
on the second and fourth Sundays
of each month, at $3.50 p. m, at
Plymouth Congregational Church.
The tribune independent of Michigan., 1934-02-10
Unanimous Approval
OF The Costigan-
Wagner Bill

Nashville, Tenn The Ministeri-
al Alliance. composed OF the white
ministers OF this city. met In speci-
al session here Monday for consid-
GRAFTON OF the Costigan-Wagner An
ti-Lynching bill, and by a large ma
jority gave their endorsement to the
measure and wired their action to
Washington. The Alliance had or
dered the special meeting for the
specific purpose of considering this
bill and copies OF the measure had
been sent 70 every minister a week
in advance.
Four Negative Votes
Following motion for approval
of the bill by DR.. Howard l. Kerr
OF the Hillsboro Presbyterian
Church, the measure was discussed
at length. A motion 10 table re-
ceived only two votes. and approy-
al OF the measure was then adopted
overwhelmingly, with only four
votes against II. The secretary OF
the meeting was instructed to send
a report of the result TO Senator'S
Costigan and Wagner and TO Presi-
dent Roosevelt.
The meeting was well attended
and representative. The opinion
was expressed that had the mem
bership been present one hundred
per cent. the result of the vote
would rave been substantially the
same
The tribune independent of Michigan., 1934-02-10
MINISTERIAL ALLIANCE
CALLS A SPECIAL SESSION
Fitzgerald Seeks Cut
In Auto License Fee

Lansing. Mich.-If the coming
special session OF the legislature
does not reduce substantially IL
cense plate costs. the two-payment
plan will be put into effect March
1, Fitzgerald has announced.
Two Payment Plan
Under the two-payment plan,
motorist pay one-half OF the an
nual weight tax and receive q
windshield sticher permit for use
In conjunction with the 1888
plates. The permits are legal until
August l. Upon payment OF the
second installment OF the weight
tax on August /. 1884 license
plates will be issued for the re-
mainder OF the year.
The colors OF the 1885 license
plates have just been announced az
plates were announced last week
by Secretary OF State Frank ID.
They will have yellow
block numerals on a dark blue
background.
The tribune independent of Michigan., 1934-02-10
To Speak AT
Ebenezer A. M. E. Church

Sunday morning. February II.
at IL o'clock. members and friends
Of Ebenezer A. M. T.. Church and
the general public will have the op-
portunity OF hearing the honorable
Frank ID. Fitzgerald. secretary OF
State Of Michigan. who will be the
guest speaker. The Mayor of Flint
Will also be present.
Dr. Wright Guest
Last Sunday, the distinguished
guest speaker at Ebenezer was the
Rev. r. r Wright, president Of
Wiiberf University. He took
as his 1t the passage OF scrip
ture which reads, upon this rock
build My church, and the gates
OF hell shall not prevail against
IT,"
DR.. Wright delivered an eloquent
discourse. pointing out that the
Christian church has been able to
Withstand the social and econom-
ic upheaval OF the past, because OF
two great virtues. namely, faith
and sincerity.
His brilliant analysis OF monies
invested In church properties. as
compared with investments In the
various business and economic ven-
lures. was a challenging appeal
for a larger and continued support
to the Negro Church.