davidaulloa/AmericanStories huggingface dataset:
Evening star., 1934-05-03
AUTO OUTPUT HITS
FOUR-YEAR PEAK
Nearly 400,OO0 Units Turn
ed Out During April.
Rush Continues.
BY the Associated Press.


DETROIT. May 3.-In the month
just closed the automobile industry
produced close to 100000 passenger
cars and trucks, the first time a
months output has approximated that
figure since May four years ago.
Whether the volume for last month
will prove to be the peak for the year
remains to be seen, although several
leading statistical agencies assert that
the high point of production will not
be reached for several weeks.
The return to production Of Nash
Motors after strike of several weeks
duration, has boosted output ma
terially, and while complete peace has
not been restored to the industry,
there appears to be general impress
sion in trade circles that the strikes
or other labor difficulties that might
develop from now on could have only
a moderate effect upon factory &C
tivity.
This is explained as due to the fact
the period Of the years heaviest pro-
duction programs has been almost
reached in most Of the volume-pro-
ducing plants.
The decline in retail distribution
that came upon the heels of the an
nouncement Of price increases by
various manufacturers still is being
felt in some sections, according to re-
ports to sales executives and the sta
tistical agencies. While most author
tiles are disposed to accept this taper
ing of in consumer demand as a tem-
porary condition. the spread between
factory output and retail distribution
promises to be considerably greater
than had been looked for.
In some quarters it is being pre-
dicted that final registration figures
for April will show total retail sales
OF new cars and trucks at approx1-
mately 250.000 units If the forecast
of total factory output is borne out
by final figures, this will mean that
the bank of retail orders that swamped
the industry few weeks ago has been
pretty well leveled of.
Evening star., 1934-05-03
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATION

NEW YORK, May 3.-Following is
today's summary of corporation news
prepared by Standard Statistics Co.,
Inc, New York:
Briggs & Stratton Corporation
Common share earnings, March
quarter, II cents VS.. l cent.
Archer-Daniels-M Midland Co.-Com-
mon share earrings, nine months end
ed March 81, were S241 VS.. 81 cents.
Atlas Powder Co.-Declared a divi-
dend of so cents on common stock;
on March 10. 1884, a similar distri-
button was made on this issue.
Como Mills Co.-Common share
earnings. March quarter, % cents VS..
IL cents.
Purity Bakeries Corporation-Com-
mon share earnings, 16 weeks ended
April 81, we're 10 cents VS.. Is cents
in 16 weeks to April %. 1888.
White Rock Mineral Springs Co.
common snare earnings, March quar-
ter 43 cents VS.. Al cents.
Artloom Corporation-Def1cit, March
quarter, S28,185 VS.. deficit S56. .261.
Brillo Manufacturing Co.-Com-
mon share earnings, March quarter,
Is cents VS.. 16 cents
National Acme Co.-Net income,
March quarter, S58,144, equal to II
cents a common share, VS.. deficit
Sl54.794.
Mengel Co.-Directors have de-
clared operative, as of May 10, the
plan for extension for five years of
the $2,95860 of per cent mort
gage bonds, which matured on March
/; deposits under plan exceeded 80
per cent of amount outstanding.
Telautograph Corporation Com
mon share earnings, March quarter,
q cents VS.. 81 cents.
Motor Wheel Corporation net in
come quarter ended March 81. $685.
172, equal to 81 cents common
share, VS.. deficit S227,578.
Butte Copper g. Zinc Co. common
share earnings before depletion, quar-
ter ended March 81, cents.
Evening star., 1934-05-03
CURB IS INACTIVE
IN NARROW RANGE
Few SpeciaIties FIuctuate
Widely, but Others
Are HeSitant.
BY JOHN L. COOLEY.

1hS'oe1"eeu Iess rInaIlcIaI WrIter'
NEW YORK, May 3.-The Curb
market was quiet today. Some special
ties moved rather widely. The general
run Of net changes was narrow and
mixed
Firm spots included Sherwin- Will
liams, Swift & Co., Standard Oil of
Indiana. New Jersey Zinc, Lake Shore
Mines, Aluminium of America, Pitts
burgh Plate Glass and Parker Rust
Proof, most of which showed frac-
tional improvement.
National Steel Car, Margay Oil.
Hiram Walker. Distillers- -Seagrams,
Quaker Oats and Canadian Industrial
Alcohol reacted.
Utilities were slightly changed.
Evening star., 1934-05-03
u. S. BOND HOLDINGS
OF BANKS INCREASE
BY the Associated Press.

Weekly reporting member banks
added 100000 to the Government
securities portfolio during the week
ended April 25, as the change was
calculated by the Federal Reserve
Board. In the table that follows the
total Of Government bonds held by
these banks is given for comparable
periods. as announced by the board:
Week ended April 25.. Sc. 49,. 200. 900
Previous week .,....... 6.226 900, 900
Same week last year. 80. 4.67S.000,000
Viscose Co.-Company stated that
because of recent strike experienced
in two Of its plants its capacity up to
June l mas been sold; it said it is
prepared to book orders for June-July
delivery at present prices
Evening star., 1934-05-03
BOND LIST MIXED,
i. s. ISSUES FIRM
Certain IndustriaIs Show
Losses Ranging Up to
Point and More.
BY BERNARD S. OHARA,
Associated Press Financial Writer.

NEW YORK, May 3.-Final hour
dealings in the bond market were
marked by the same irregularity which
characterized the list during the
early trading.
U. S. Governments again made a
better showing than corporate groups,
closing from 1-32d to 4-32ds of a
point higher.
Some rail and industrial issues
registered losses of a point or more,
but in the face of this weakness the
general list was no worse than ir-
regular, although the advances were
small.
The foreign list was steady at the
finish, with the major groups showing
a fair number of small gains.
Evening star., 1934-05-03
Chicago Grain
BY the Associated Press

BY the Associated Press.
CHICAGO. May 3.-Showery con-
oltlons Southwest, West and North
west tended to diminish uneasiness to-
DAY regarding drought menace to
crops. Largely as result wheat prices
dragged lower.
Pronounced curtailment of specula-
i've activity was a feature in all
grains. Only passing notice was taken
OF monetary factors, including a
statement credited to Secretary Nor
genthau that the s2,0O0,OOO, 900 sta
olllzation fund could be utilized in the
purchase of silver.
Wheat closed unstable, 5saIh un-
der yesterdays finish, July, 76A a763a
corn. Aa7S off; oats, 1sa4 down. and
proVsolsn varying from 5 cents de-
cline to an equal gain.
Evening star., 1934-05-03
FOX FILM EARNINGS
AT $805,376 LEVEL
BY the Associated Press.

NEW YORK, May 3.-Fox Film
Corporation reported for the Is weeks
ended March 81, consolidated net
profit after reserve for Federal taxes
OF S805,376, equivalent to 80 cents a
share on the capital stock. For the
first quarter of 1888 the company re-
ported a loss of S557,I22.
Evening star., 1934-05-03
METAL MARKET.

NEW YORK, May Op.-Copper quiet;
electrolytic spot and future, Blue Eagle.
$50. Tin barely steady; spot and nearby.
81. 90; future, 54.12. Iron firm. un-
changed. Lead steady; spot. New York.
4.25; East st. Louis 410. Zinc. quiet;
East St. Louis spot and future, 4.4O. Anti
mony, SPOT, $50,
Evening star., 1934-05-03
New York Cotton
B. the Associated Press

NEW YORK, May 3.-Slight early
advances were followed by reactions
IN a very quiet cotton market today
A moderate demand promoted by
steady Liverpool cables and further
foreign trade buying was supplied by
realizing or scattered selling, and after
advancing to ll00 July eased to 1898
under light offerings The midafter-
noon market was dull. active months
showing net losses of to points.
Cotton futures closed barely steady, 2
Evening star., 1934-05-03
BALTIMORE STOCKS
Special Dispatch TO The Star.
Washington Stock Exchange.
SALES.

SALES.
Washington Railway 81 Electric As
$1,000 at 95, 1000 at 95, 81 900 at
95ls.
Potomac Electric 5129o pfd.-10 at
11O7s, 10 at 11O34, 10 at 110&, 7
at 11O%.
Evening star., 1934-05-03
AFTER CALL.

Capital Traction Co.'S at "a.
Washington Railway & Electric As
$1,000 at 95.
Notice-Beginning May 5 this eX-
change will be closed on Saturdays
until October 6.
Evening star., 1934-05-03
Cash Grain Market.

Cash Grain Market.
Wheat, No. 2, hard, 8Ol4; corn, No
2. yellow, 48l2; No. 2. white, 52a5212:
oats, No 2, white. 3lHa3314: rye, no
sales; barley, 42a8O; timothy seed,
6.25a6.50 hundredweight; clover seed,
9.50al2.75 hundredweight.
Evening star., 1934-05-03
CottonSeed Oil.

Bleachable cottonseed oil futures
closed quiet; spot unquoted, May,
5.OOb; June, 5.05b; July. 525b;
August, 5.30b; September, 545b;
October, 5.55b; November, 558b;
sales II contracts, including 2
switches. Bid.
Evening star., 1934-05-03
BONDS ON N. Y. STOCK EXCHANGE
Received b Pryahw Wiz Direct ctoThe Evenings
U. s. GOVERNMENT BONDS.

High. Low. Close.
Federal Farm Mortg.
Corpn. 3hs "a. 1902 4 l0l % 1921
Home Owners Loan
Corp As 81. 100 18 100 16 10017
Evening star., 1934-05-03
n. Y. CURB MARKET
Received by Private Wire Direct The Evening Star.

Stock and Sales
DIVIDEND Rate. Add 90 High. Low. Close
Quaker Oats (t5). los 1IOh l10M ll0Ls
Evening star., 1934-05-03
CHICAGO STOCK MARKET

CHICAGO. May 3 R-Following is the
complete official list of transactions in
stocks on the Chicago Stock Exchange to-
Evening star., 1934-05-03
NEW YORK BANK STOCKS
,tations as Of 2 o'clock J
TRUST COMPANIES
DIVIDENDS ANNOUNCED

NEW YORK May 3-Dividends de-
clared compiled by the Standard Sta
tiStics):
Increased
Evening star., 1934-05-03
q. S. TREASURY NOTES.

tReported by Chas. D. Barney & Coz
Pid Offer
Evening star., 1934-05-03

Pc Stk. OF Pay
Rate. riod. record able
Timken Roller Bear. .25c Q SIS 6-5
Initial
Evening star., 1934-05-03

1926 average equals 100.i
ICopyrisht. 1894 Std Statistics Co..
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-19
THE NEW KIND OF WATER

IF few years ago some one had suggested
that there are two kinds Of water, one
heavier and different in its action on living
things, the idea would have been ridiculed.
Now not only is heavy" water being pro-
duced and used in research here and abroad,
but the discovery of heavy" hydrogen (deu-
terium, to SCIENTISTS and heavy" water has
been crowned by the award of the 1884 Nobel
prize in chemistry to Professor Harold C.
Urey of Columbia university. He is leader of
the trio of American scientists who announced
in 1881 that hydrogen is twins.
The discovery of deuterium is one Of the
thrilling detective stories that science writes
day by day. For ages water was water and
hydrogen was the elemental stuff OF the uni
verse. the unit atom out of which the rest Of
the ninety-two elements presumably were
built. Then there came suggestions that
second kind Of hydrogen existed, and in 1881
Urey. Brickwedde and Murphy, with chemi-
cal apparatus and electroscope, captured the
evidence.
What of it? First of all the chemist will be
able to tag" atoms in their maneuvers with
in the molecules and thus be able to verify
theories. Out OF new lASO44SS may VIM O
products and even new industries Ihus heaVy
hydrogen may have its greatest practical use
fitness in solving some chemical problem IN
which it. as a concrete element, takes no part
ANY one or anything that lives has vital
interest in heavy hydrogen and heavy water
All forms of life live in a solution OF water.
What happens if the new jumbo kind OF ny
drogen replaces the ordinary kind? Biologists
are hard at work. Their early results show
that life processes are slowed down.
They have even gone so far as to suggest
that old age is due to a possible accumulation
of heavy" water in the body. This may not be
the case, but other results as startling may
come out of the beginnings made by Urey,
Brickwedde and Murphy.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-19
ROYALTY PUTS ON SHOW

THE chief function of royalty in this mod
l. ern world is illustrated aptly by the
wealth Of stories that are getting in the pa
pers about the prospective marriage of Prin-
cess Marina of Greece and Prince George OF
England
The latest news is that Marina has been
buying her trousseau. We are getting full de-
tails on the afternoon frocks, morning ensem-
bles evening gowns, jeweled accessories, and
wnat-not; and a lot Of readers are finding
something glamorous and exciting in this ac-
count Of princess and her wedding ward
robe.
And this, after all. is what royalty is for
to put on a good show. Certainly it seems to
have no other function these days.
1t is simply an exhibit. 1t is most sue
cessful when it makes its exhibit glittering,
colorful, and full of the old-,-me, story-book
romance.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-19

us the least light of hope to solve
our economic problems. I care not
if you call him Socialist Let him
be Socialist, so much the better,
that shows that we Democrats have
not sense enough to do the things
the Socialist can do.
You unemployed, who stand in
line by the thousands like sardines,
at the employment agencies and at
county trustees offices, be on the
alert, or you will be crushed by
your own party deformers.
Arise We sons and daughters,
mothers and fathers, workers of
hands and brain, have some respect
for yourselves.
So far we have fought battles for
the rich. That is why few today
own the wealth of the nation. We,
the millions who have produced the
wealth should enjoy it. If we are
not enjoying it ours is the blame.
The future is ahead, let us pre-
pare ourselves for any political
event. Nineteen thirty six is not far
away. Twenty months from now
we shall hear all politicians come
out to fool us again. Twenty months
is long enough time to train your
minds for political action, to cure
all the past social ills. 1t is up to
us and not up to the League Of
so-called Loyal Democrats"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-19
"UNOPTIMISTIC"

MOT content with efforts to keep the CCC
y boys-like King Arthurs legendary knights
pure of body, heart and mind, Director Rob-
ert Fechner apparently wants to keep their
minds empty as we'll. He has censored out Of
civilian conservation corps Libraries a pamphlet
called "You and Machines"
It was written by Professor William F.
Ogburn of the University of Chicago, financed
by the Rockefeller Foundation, approved by
the war department and the education office.
1t told in simple language how machines have
brought poverty instead Of wealth, unhappi-
ness instead of happiness. 1t shed light on
why these thousands Of young men were out
cutting brush and building roads instead OF
doing what they were educated to do. 1t ex-
planned archaeological unemployment. 1t called
upon youth to make machines serve instead
Of destroy civilization.
1t seemed an innocent enough tract, but
Director Gachner would have none of 1t. 1t
was, he said TOO unoptimistc." The hearts
of the sylvan knights must not be troubled
with doubts, nor their minds sullied with
thinking They may make themselves tough
rnuscled but not tough-minded. Ever they
must follow their Patroness Pollyanna.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-19
- NoEEMBER y -
GREAT STUFF

DRESIDENT ROOSEVELT watched the
IL Tennessee valley authoritys workmen at
Norris blast rock from a hillside. pulveri5e It,
mix it into concrete and swing It into the
forms Of gigantic dam.
Seeing hundreds Of men. who might other
wise be unemployed. at work on JOB which
will serve thousands Of Americans for at least
a century the President exclaimed:
ITS great stuff isn't it?"
The President only had started his tour
Of inspection OF the Tennessee valley. At the
southern end in Tupelo. Miss, he was able to
visualize the benefits Of his No. l regional
planning project There people who once
used a niggardly amount Of electricity be-
cause Of high rates have taken advantage Of
IVA low rates 10 install modern lighting ia
cilities electric ranges. refrigerators and va
ter heaters. Electric power has become their
servant.
Nor does its service end in the home or in
the store. l. promises TO bring them new in
dustries. new income and a new standard of
living. blending agricultural and industrial
activity to overcome the old unfavorable bal
ance Of trade
The IVA project truly is great stuff"
Eventually 1t viii be duplicated IN many
river valley throughout the nation.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-19
FAIR ENOUGH

INSTEAD Of ranting about government IN
Il reference and invasion of property
rights" President Clifford OF the American
Telephone and Telegraph Company politely
welcomes the investigation by the federal com-
munications commission
In a business as extensive as ours which
so vitaIly concerns so many people" says Mr..
Clifford the public has a right to the fullest
information as to how its affairs are con-
Quoted. We therefore have no objections to
investigation by properly constituted author
tiles. We have no skeletons in our closet
we are concerned primarily with furnishing
the best possible telephone service at the low
est possible cost. We believe there is no con-
flict between our aim and the aim of the.
commission"
Mr. Clifford deserves praise. In passing,
It may be said that his statement is typical OF
public utterances Of A. T. & T. executives. 1t
largely is because of this enlightened view
point that the Bell system enjoys an enviable
GOOD will Less adrOit executives OF the many
less popular utilities might well emulate this
attitude
Doubtless Mr.. Clifford Will join in the re-
quest that federal budget officials and con-
gress allocate to the communications commits
sion enough money TO hire an adequate staff
Of accountants and other investigators. This
inquiry should be exhaustive and should be
eonduC cd by the public's own representatives.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-19
WILL HALT RADICALISM

A WASHINGTON dispatch reports that
~ business and administration leaders are
moving toward common front in an effort
to cash in on present recovery gains as an an
swer to prospective left-wing drives in con-
gresS"
If this be true. it simply indicates that
business and administration leaders are Show
ing excellent good sense.
a great deal has been said about the rad
icals who viii be at large in the next congress,
and a great deal more has been said about the
wild and woody legislation they Will try to put
through The thing to remember is that all
this is a direct result OF economic pressure.
The one sure way of heading of such rad
calism IS to hasten recovery. Let unemploy-
ment approach the vanishing point and profit
return in good measure. and that threat Of
radical legislation will vanish of its own &C
cord.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-19
TO CONTROL A RACKET

THE American proposal at Geneva to con-
i troll the manufacture and traffic in arms
by an international treaty deserveS-and ap-
parently is receiving-world praise
War-scared peoples of the world hope from
the proposal and its favorable reception that
something worth while may yet arise from the
ashes of the disarmament conference.
The treaty would provide for licensing and
full publicity on all manufacture and traffic
in arms. Thus. presumably, no manufacturer
could accept an order for war materials with
out consent of his government And no nation
could place an order without other nations
learning of it. This would strike at the in
ternational anarchy in the munitions bust
ness and tend to eliminate dangerous secrecy
and plots.
In starting negotiations for treaty with
other arms producing powers, the administra-
ton recognizes that this is problem which
no nation can solve alone.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-19

MILLIONS OF Americans. depression VIC
W. Tins OF an implanted system. will agree
with the recommendation to the President
that permanent national planning board be
established.
AS emphasized by the temporary boards
report on a comprehensive national program,
planning is the antithesis Of RECOMMENDATION
Planning" says the report, consists in the
systematic, continuous, forward-looking appli-
cation Of the best intelligence available to
programs Of common affairs in the public
field contemplates readjustment and re-
vision as new situations and problems
emerge"
With adequate national planning over the
last one hundred years. our once-rich forests
would not now be denuded. our once-rich
grazing lands OF the western plains would not
now be turning into a desert. our coal and
other national resources would not have been
wasted.
National planning even for the last decade
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-19
GERMAN EQUALITY

GENERAL JAN SHUTS Of South Africa
~ long has been one Of the most respected
men in the British empire. Now he comes for
ward with suggestion that might well win
respect for him. to-wit: That the nations Try
TO insure peace by acting as If they wanted
peace. instead Of stalking about with bludgeons
Il their hands.
General SHUTS refers to the German prob
lem. What ne says is worth quoting:
There IS only one way 10 remove the in
feriority complex that Is obSessing and pols-
oning the mind and the very soul OF Ger
many; namely. recognize her complete equality
with her fellows.
DO so freely. frankly. and without re-
serve. resolute and determined effort may
yet save the situation. bring Germany back 70
the disarmament conference and the League Of
Nations. and thus probably lead 70 SUBJ
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-19
COOPERATION OF NATION
NEED IN CRISIS
BY Franklin Palmer.

BY Franklin Palmer.
Throughout our entire history lib
erty Of the masses, the right to
have fair wages and decent hours
has been based on the war that
gave our freedom from King George.
When America was not yet devel-
oped industrially and agriculturally.
we could without danger, allow the
capitalists to exploit the land, to
build the great railroads and es-
tablish the great mercantile sys-
tens; there was more than enough
to go around, and freedom Of ac-
ton let the capitalists expand a.
a rate impossible under con-
trolled state.
Now we have come to a point
at which the idea has broken down.
In order to survive we must CO.
operate, labor with capital and
consumer with producer, in order
that one class Of men will not grow
rich while the other starYes.
1t may be that the New Deal has
already gone sufficiently far to the
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-19
WORKERS, FEARING WORST
DO NOT SPEND MONEY
Bv a Times Reader.

By a Times Reader.
Perhaps the exponent of the low
wageS-for- workers theory imagines
that his latest contribution in the
Message Center will silence forever
those of us who in our blissful ig-
norance do not agree with him.
However, I for one, am still bit
haZy as to his conclusions.
1t is one thing to answer simple
questions directly; it is another to
answer with a flock of statistics
which might prove or disprove most
anything. 1t would be well for those
Of higher intelligence to bear in
mind that we Of the more simple
and trusting class are only respons-
i've to that which is obvious.
And to me it certainly is obvious
that if this contributor has the
proper solution for our own nations
ills. we should have turned that cell
ebrated corner long before now.
I have yet to talk to q business
man who supports such z theory. 1t
seems to be an EPIC plan IN re-
verse. I can not conceive Of any
one sponsoring a plan which al
ready has been tried and proved a
failure.
If a man doubts this statement,
let him ask any merchant what low
wages has done for him in the last
five or six years. He will discover
that workers hardly buy absolute
necessities because they feel inse-
cure and have no surplus and for
this same reason creditTcan not be