davidaulloa/AmericanStories huggingface dataset:
, 1934-11-25
More Relief Arranged

This should tend to relieve the
S21. 00O, 000. 900 Of existing home
mortgage debt. and thus draw still
further private funds into home
construction.
AS most Hole mortgages run
Is years, We can be sure that for
the next Is years the government
Is going to have a hand In a gigan-
tic real estate business. collecting
interest and principal. seeing that
insurance is paid and repairs kept
up. on something like a million
homes.
About one OF every seven mort
gagged homes will be dealing with
this gigantic government corpora
ton as mortgagor. And right now
the government Is the biggest own
a. Of real estate III the whole coun-
try. with some five million dollars
worm.
Here again. the government faces
the possibility (some say the prob
ability that many will not pay.
and that the government may he
either forced To conduct wholesale
foreclosures or take big losses.
Chairman John II. Fahey has
promised that while there will be
l%eniency in cases o. need. every
means will be used to make people
pay who can.
Applications for Hole loans have
new been stopped. as IL IS felt that
private credit has been loosened UP
enough to carry the load.
The Federal Home Loan Bank
system administering these loans
, 1934-11-25

been saved from foreclosure by the
Hole, which has advanced nearly
two billion dollars to do this.
It's bonds. for which the govern
ment has made itself responsible,
have b1en issued for about that
amount. The bonds are held BY the
insurance companies and private
mortgage holders whose mortgages
have been taken over by the gov
eminent.
1t IL expected that BY the time
the hole stops loaning this win
ter a million home owners viii
owe their security tand their mort
gage interest and %principaD to the
government.
And when the Hole stops loan
ing. there Is further help for mort
gagged homes in the Mutual Mort
gage Insurance Fund. Under the
Housing Act, this federal fund is
10 insure and guarantee home mort
cages up to 80 per cent Of a valua-
ton based on 1886 value Of the
property.
, 1934-11-25

4Bg new associations. and Its In
surance Corporation win have the
savings and loan deposits Of some
thing like 5000. 900 ~depositors safe
guarded by the end OF September"
IT gets me q little dizzy" ad-
mitted John. Jr.
, 1934-11-25

now has nearly 5000 members with
assets III three billions. They get
their money from u regional banks
Of the system, and loan II 10 home
owners.
All regional banks are on a profit
basis, and seven have declared
dividends.
What I can't see John. Jr..
puzzled. " Is this: What good does
It do Tor the government Just TO
take over all this mortgage debt?
There's just as much debt, isn't
there?
How arc the home owners, and
the farm owners any better off for
all this shuffling arOund2"
well. take Frank wilson's cas-
rs an example" said Pa Jones. He
had a balance OF $4,000 due on a 8
per cent mortgage. But the COM
pany owning the mortgage was viii
ling 70 take $4,000 In 4 per cent
Hole bonds for the mortgage. be-
cause. Of course. with the govern
ment guarantee. they're safer v
III less productive. That means that
$500 OF that debt Is wiped out for
ever. and furthermore Franku pay
much less interest ana over a long
er time.
, 1934-11-25

SAN BENITO. NOV. "a Local fire
men are preparisg TO entertain a
few OF their friends with a barbecue
and dance at 7:30 o'clock Wednes-
day night at the city hall.
, 1934-11-25
THE T

East Texas least Of the Tooth
meridian: Sunday unsettled,
warmer in northeast portion
Moderate 10 fresh southeast to
south winds on the coast.
, 1934-11-25

fFirst figures lowest temperature last
night: second highest yesterday: third
wlnd velocity At . a N. fourth. prec-
tpitation IN last "a hours
, 1934-11-25
RIVER BULLETIN

There win be no material change
IN the river during the next few
DAYS.
, 1934-11-25
Flood Present 24-Hr 24-Hf


High and low tide at Port Isabel
Sunday, under normal meteor
oloaical conditions:
High S.zl p m.
Low ll.00 a. m.
, 1934-11-25
BY WILLIS
CHAPTER SIX

Il picked up Prank Wilson tonight
and drove him home with me-" said
Pa Jones. He'd just come from
the Home Loan office and his APP
plication for a loan on his place had
been o. KID. You know the little
white house over on Jefferson
street that he built five years ago?
He'd fallen behind on his pay
ments during the six months he
was laid off. was afraid the in
surance company was going TO fore
close. But now he's all set, and
he's got a new government mort
gage at a lower rate and longer
time.
If he gets back in the mill this
fan. as he expects TO, he'll pay off
in good shape. He certainly seemed
relieved about it,"
Yes, I know Mrs. Wilson through
the Home and School League
Mrs. Jones contributed. She was
just about sick last couple Of months
about their losing their home. I
can just imagine how relieved she'll
be, too"
"Geel That's still another field
where the government Is stepping
in and doing the banking. eh?"
John, Jr., commended.
Helps Home Owners
i don't know Just how sound
this home loan business Is from a
banking point OF view, but it's GER
tainly a great thing for people,
isn't II? After all. we want this to
be a country OF home owners-you
and I know. dad. that they're bet
ter customers.
And ! guess you and mad feel
pretty strange II somebody came
along and made you move out Of
here tomorrow, wouldn't your"
Pa and Ma Jones exchanged
glances that told much more about
the Home Owners Loan Corpora
ton than a volume Of statistics.
Nevertheless. only figures can show
the vast extent to which the gov
eminent has gone into the home
real estate bushes.
$4,000 Homes Saved
The homes Of $4,000 families have
, 1934-11-25

The homes Of S5O.OoO families have
Evening star., 1934-09-25

the Housing Administrations efforts
to stimulate all industry through re-
moving one of the depression's chief
factors-unemployment.
Among those expected at today's
meeting with Mr. Moffett were John
Anderson Sweetser, the Bigelow-San-
ford Carpet Co, Inc, New York;
David L. Clark, Clark Bros. Chewing
Gum Co. Pittsburgh; Paul j. Torch
lana, Collins e. Aikman Corp. New
York; F. L. Emerson, Dunn & Nc
Carthy, Inc, Auburn. N. Y; Charles
F. Johnson, jr, Endicott- johnson
Corp, Endicott, N Y. Colby M.
Chester, jr., General Foods Corp, New
York; James Dinsmore Tew the B. F.
Goodrich Rubber Co, Akron, Ohio;
Guy W. KirSch, Kirsch Co., Inc, Stur-
gis, Mich; Albert H Morrill,, Kroger
Grocery & Baking Co, Cincinnati:
Peter Edward Kroehler, Kroehler
Manufacturing Co., Chicago; Arthur
w ShuttleWorth. Mohawk Carpet
Mills Inc. Amsterdam, N. Y; Rich
and Redwood Deupree. the Proctor &
Gamble Co. Cincinnati; Frederic Nc
Laughlin, w. F. Mclaughlin Co, Chi
CagO; c. w. Avery, Murray Corp. of
America, Detroit: James M Skinner,
Philadelphia Storage Battery Co..
Philadelphia, and F. A Seiberling,
Soldering Rubber Co. Akron, Ohio.
Evening star., 1934-09-25
DR.. A. T. ROBERTSON
DIES OF APOPLEXY
Death Of Noted Baptist Author
Leaves Translation of New
Testament Unfinished.
BY the Associated Press.

| By the Associated Press.
LOUISVILLE, KY, September as
Stricken in the class rooms where he
had lectured for As years, DR.. Archi-
bald Thomas Robertson, celebrated
Baptist leader, author and gram
marian, died here last night of
apoplexy, leaving unfinished his new
translation of the New Testament,
upon which he was q rld-recog-
nized authority.
More than 5000 students have
passed through DR.. Robertson's class
rooms since he joined the faculty of
the Southern Baptist Theological
Seminary in 1888. Former students
now occupy chairs in seminaries in
Brazil, Argentina, China, Japan, Ru-
mania, Hungary and Mexico, and at
Chicago, Fort Worth, Philadelphia and
New Orleans.
DR.. Robertson was a native of Vir-
ginia, born near Chatham, November
6, 1868, the son of John Robertson
and Mrs. Ella Martin Robertson.
He was one of the founders of the
Baptist World Alliance
Among his best-known works are a
syllabus of New Testament study and
a new short grammar of the New
Testament.
The funeral will be Wednesday
afternoon in Louisville.
Evening star., 1934-09-25
New York JObless
Harvest $2,8OO,OOO
Crop i'm Gardens.
BY the Associated Press.

BY the Associated Press.
NEW YORK, September 25-
New York States temporary
Emergency Relief Administration
estimates that the $4,000 sub
sistence gardens planted last
Spring under its supervision have
yielded a $2,8O0,o0O harvest for
the unemployed.
Most of the vegetables have
been consumed by the producers,
who had to be on relief rolls to
be eligible for gardens, but can
ming stations are being set up
throughout the State to preserve
the surplus. Twenty-four are
already operating. with supervisors
to assist the growers, who do their
own canning.
Evening star., 1934-09-25
HOUSING STUDIED
BY |NDUSTR|AL|STS.
Business Men Meet With
Moffett-D. C. Offices
Set Up for Drive.

While WaShington'S better houS g
campaign, under the direction Of
Thomas P. Littlepage, was being estab-
lished in headquarters in the Shore
ham Building today, Federal Housing
Administrator James A. Moffett met
with a group of industrialists to dis
cuss the effects of the national pro-
gram on industry.
In addition. J. K. GilchriSt, F. H. A,
official, who has been assigned to aid
the Washington committee, spoke at
the noon luncheon of the Washington
Association of Credit Men, discussing
the significance of the better housing
program to Washington.
Establishment of the new head
quarters will be completed this week
and it is expected the committee will
swing into action to sell the idea
of moderniZation to every property
owner in the Capital late this week
or early next week.
Poole to Supervise Drive.
John Poole. former president of the
Federal American Bank. has been
named executive director of the cam
Rdlell anu Will lIdNC OIldISt VI TIE
headquarters and be in direct super
vision of the campaign under the
Executive Committee, which Mr.. Lit
tlepage heads
District bankers will give consider
alton to a cooperative advertising
campaign to push Federal housing
loans al special meeting tomorrow
afternoon. Their plans are expected
to tie in with the campaign to be
conducted by the committee, which
will include a house toulouse canvass,
exhibits, a publicity drive and other
phases
Meanwhile, judges Of The Stars
$1,000 Better Homes Contest con-
tnlued today to look over the entries
received up to the closing date, Sep
tember Is. in an effort to make the
cash awards offered by the neWSpa-
per. A trip to some of the homes
was to be made today, and it is hoped
to announce the prize winners soon.
Contest Started in April.
The Stars contest last April began
a campaign to interest Washington
in the possibilities offered by modern
lzation and home Improvement 1t
offered the prizes as an added stimu-
lus to the program it advocated-a
program that since has been adopted
as that of the Federal Housing Ad-
ministration
The industrial group which is
meeting with the administrator to-
day to discuss the effect of a national
program similar to the one in Wash
ington is representative, not only of
the building industries and others di-
rectly affected by the modernization
drive, but of industry. which it is eX-
pected will feel the indirect effect of
Evening star., 1934-09-25
UNION OF CAB DRIVERS
WOULDOUST EXPLOITERS

Elimination of the labor exploiter
from the cab industry" is given as
the aim of the Cab Drivers Protective
Union. whose Organization Committee
has called meeting to be held Octo-
Der at Typographical Hall, 423
G. street.
New members will be admitted and
officers will be elected, according to
j. E. Toone, American Federation of
Labor organizer. Associated with
Toone is a committee composed of
c. B. Canaday, B. L. Henning and
c. B. Cole. cab drivers
Organization of the union was
definitely decided upon, is was said,
when William A Roberts. assistant
corporation counsel. told the drivers
the Public Utilities Commission is
without power to regulate taxicabs
or to drive out of the business the
SO-called labor eXploiter.
Evening star., 1934-09-25

Huge Mushroom Found.
mushroom recently found at Ard
more, Northern Ireland, was 27 inches
in circumference.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-30

Supplies liberal; demand light: market
dull. Cobblers, U. S. No. /. st0ve bar
rels, North Carolina, $2.25.
broken cap oD track sSepas sh
demand low: market weak. North
Carolina, bushel baskets, Puerto Ricans,
$1.75.
Tomatoes-Three Tennessee arrived !;
s unbroken cars on track. Supplies
liberal; demand moderate; market
market slightly stronger for good
stock. Texas, lug boxes ripeS and
turning, wrapped. 6x6 and larger. hest.
$2.S0@$3.25; poor condition, 75c@$1.o0.
Watermelons-One Georgia arrived;
broken and unbroken cars on track.
steady. Georgia. Tom watsons, 2S-lb.
average, 45@5Oc; S2-lb. average. soc
each.
Mixed vegetablss-No carlot arrivals:
no cars on track:
cars on track. Supplies moderate: de-
mand slow; market weak. North Caro-
best. ESQ soc; poorer. 15c.
Peppers-Supplies moderate: demand
bushel crates, green, large size, Sis
@2.00.
Eggplant Supplies light; demand
light; market steady. Florida. ia
bushel crates. $1.25@1.50.
Corn-No carlot arrivals; no cars
ate. supplies liberal; demand light;
market steady. Standard crates: Geor-
gia, freight receipts best, $101.o5; fair
condition. 81: South Carolina, freight re-
ceipts mostly around $3.50.
Cucumbers-supplies moderate; de-
South Carolina. bushel hampers. 75c0
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-30
BUSINESS STILL
SEEN POINTING
UPWARD

Further gains in retailing have
been recorded this week with
volume for June, in general, show
ing moderate gains over May, Dun
& Bradstreet, Inc, state in their
weekly trade review.
Demand in some sections is feel
ing the effects OF the sustained
drought but most areas reported a
stronger buying interest than a
week ago, the survey continues,
with sales up to 8 per cent com.
pared with last year the increase
ran from 10 to Is per cent. The
review declares:
Despite the general appre.
henSion which existed in May
regarding the course Of demand
in June. All reports indicate
that there has been q further
resistance to seasonal retarda-
tive influences. The warm wealth
er has benefited both mems and
womens clothing departments.
"The maintenance Of current
trade volume during the sum-
mer would be sufficient indi-
cation that a substantial up
swing might be in prospect for
the early fall months. Much is
expected to be gained by the
elimination of any unavoidable
code provisions"
On the other hand, Dun &
Bradstreet note that the trend
Of industrial indexes is becoming
increasingly mixed. The firms
business activity barometer drop,
ped last week from 70.8 to $50,
largely rejecting the sharp de-
cline in steel mill operations over
the period. The review says:
cat this time last year the
barometer was rising rapidly
to the peaks Of July and Au-
gust so that the current posi-
ton shows a gain of only 81
per cent over that of 1888,
which registered at 65.6 per
cent"
More activity is noted in whole
sale markets, aided by larger buy
ing of fall clothing, particularly
in the women'S division. Other
lines in which good movement is
reported include groceries, furni-
ture, electrical appliances, house
furnishings and hardware.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-30
Official Notices

OFFICE OF THE COMMISSIONERS OF
%. ios4.-NoTIcE: A public hearing
having been held by the Commissioner Of
the District of Columbia on June 9th.
1884 in the matter of closing certain
streets hereinafter described, and the sald
Commissioners being satisfied as to the
equity, justice and advisability of said clos
inKs, and that said closings are in the pub
Nc interests, and not detrimental 20 the
interests of abutting owners. NOTICE IS
HEREBY GIVEN that the said Commis'
sioners have prepared the following order:
ORDERED: That pursuant to the pro-
visions of Public Act No. 307, approved
December Is. 1882, the street area as
shown in green on plats filed IN the Office
bia. and numbered as Maps 1887. 1888
and 1889. is hereby ordered CLOSED, same
to take effect on and after August ..
1884, the title to said land comprised IN
said area so closed TO revert 70 the ,S ao msns
the said street area hereby ordered closed
being described as follows: a. Closing
part of Utah Avenue, N. W., south OF Ritz
tenhouse Street; AUDITING on Lots 40 20
said Utah Avenue lying east of the extern;
sion of the westerly boundary OF Parcel
61/69 episcopal Home for Children.
(2) Closing part Of Sterrett Place. N: w..
west of Reno Road. and providing for
dedication in connection with the same, to
adjust the street lines and provide for
change in the course Of said sterrett Place.
(3) Closing part of 9th Place, N. W..
south of Quincy Street. abuttinE on Lot
walton No. 4S6D. and being that part OF
said 9th Place lying south of the extern.
sion of the south line of a public alley Is
feet wide. running east and west in Square
290i. Any and all parties interested must
file objections to said closings in writing
before the effective date Of above order;
otherwise said order shall become effective
on August 2. 1884. ss aforesaid and said
street area shall on and after said date be-
come closed in accordance with the pro-
visions Of said Act. MELVIN c. HAZEN,
GEORGE Z. ALLEN. JOHN c. GoTWALS.
Commissioners Of the District of Columbia.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-30
GRAINS MARROW
IN DULL TRADE

CHICAGO, June 30 UN.SJ.
Grains lacked a definite trend
today, prices fluctuating within
a range of less than a cent in a
small turnover.
Traders showed a tendency to
go slow pending the weekly
weather reports on Monday.
Near mid-session wheat was zee
down to Zee up, corn 1sc down to
Vac up, oats unchanged to Vac up
and rye u to Zee up.
Winnipeg wheat was unchanged
to 1sc higher near mid-session.
Liverpool closed 1s to "a pence
lower. The Canadian market will
be closed Monday in observance
Of Dominion Day, while all ex-
change in the U. S. will be closed
July 4, Independence Day.
The weather map showed show
ers in many parts Of the corn
belt, notably, Illinois, Iowa and
Nebraska. Scattered showers
again were reported in the Cana
dian provinces but little moisture
Of consequence was indicated else
where. Temperatures remained
high in many sections Of the belt.
Estimated CARROTS: wheat lis,
corn lot and oats 20.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-30
Old Brokerage House Ends
Operations on August |

NEW YORK, June 30 U.N.S0.
Arthur Upper & Company, one
of the older brokerage houses in
Wall Street is going out Of bust
ness on August 1, International
News Service learned today.
The decision to liQuidate was
precipitated by the serious illness
of Maurice j. Daning, one of the
firms three floor members. He
has been ordered to retire from
business.
Arthur Upper, founder and
head of the firm, will become a
special partner of L. F. Roths-
child & Company, stock Exchange
members. With him will go his
son, Arthur Upper, jr., member
OF the Exchange, and part of the
firms personnel.
The firm main office at so
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-30
BANKHEAD ACT 7
TROUBLE SEEN
High Low CLOSE

Serious difficulties in enforce
ment of the Bankhead act in
Texas are expected as the Lower
Rio Grande Valley prepares to start
picking a cotton crop estimated
at $4,000 to $4,000 bales bales COM
pared with the quota Of 45,503
bales assigned by Secretary Of Ag-
riculture Wallace to the four val
ley counties. as the maximum that
can be sold without payment of a
so per cent tax.
Fearing that nearly half Of the
anticipated crop may be left in the
fields if payment of the tax is en-
forced, valley interests have sent
petitions bearing several thousand
names to washington this week
asking that this section be re-
leased from provisions of the
Bankhead act. Picking of cotton
will become general in south
Texas about July / and immedl-
ate action will be necessary if
quotas are to be modified.
While south Texas will be the
first section affected by the Bank
head provisions, even greater diff
ficulty Of enforcement is anttct"
pated on the south plains II a
fairly large crop is made. This
section, centering around Lubbock,
has expanded cotton production
rapidly since 1880 and conse-
ouently bears the brunt Of the re-
duction under quotas assigned
last week.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-30
y i19ss5 5: ;s:::: N. Y. Curb Quotations

NEW YORK, June 80 Q.N.S0
The curb market today wound
up its last day before Govern
ment regulation on an apathetic
note with trading around the
lowest level of the year.
Other than a few specialties,
price changes were limited and
the general tone steady. A. o.
Smith was feature with a jump
of more than 3 points. Dow
Chemical, an outstanding issue
this week, n rose more than a
point to come within a fraction
of its years high, Montgomery
Ward A continued to climb, gain
ing IA points.
Another strong spot was Glen
Alden Coal. In continuation
of it's advance, the stock came
within a fraction of its 1884
high on reports that directors
at their July meeting would order
a 50-cent dividend on the stock.
Oils were mixed and generally
steady. Liquor stocks displayed
the same neglect they have suf-
fered for some time. Utilities
were fractionally better in ex-
tremely light trading. The pack
ing shares gave little indication
OF breaking out of their narrow
trend.
Mining shares were quiet with
most Of the issues slightly higher.
The bond division was as feature
less as stocks.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-30

Broad st., and two branches in
the city at 2 East Fifty,seventh
ST., and the Waldorf-Astoria Hotel
will be discontinued.
The dissolution will remove q
firm that in the old days was the
headquarters of some of Wall
Streets biggest traders, including
Jesse Livermore. and William C..
Durant. Mr.. Upper himself was
a member of the famous old
waldorf crowd" The firm was
established nearly 40 years ago,
Other members of the firm are
Milton w. Upper, who is expected
to retire from the Street, Joseph
]. Mccain, Kenneth A. Barnes.
and Harry F. Louchheim, special
partner and member Of the ex-
change.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-30
v''; :S;:. S;;;;;''' N. Y. Bond Quotations

NEW YORK, June 80 QN.S0
The bond market was a dull and
somewhat reactionary affair to.
cay as a moderate amount of
selling came into the best grade
of investment obligations.
The selling in the prime in.
vestments was apparently due to
the persistent talk in bond circles
as to the wisdom in holding this
type of obligation. when they
reached a substantial premium
over their call price.
Atlantic Coast Line Is of 1852
lest 1s at 99H; Atchison General
As were off u at 1924, and
American Water Works IS sold
down 70 at 108h.
The second grade and more
speculative rail liens also turned
irregular after early firmness.
Chicago and Northwestern 4As,
g trading favorite, opened frac.
tionally higher and then turned
downward to lose almost half q
point. Rock Island, Great West
ern and others Of similar caliber
gave a like performance.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-30
Hog Market Holds
NOn1inaLLu Steadu

CHICAGO, June 80 ON.SD.
The hog market was nominally
steady today and about on a level
with week ago. The best hogs
are quotable at IS with light
weights at 81 to $3.50.
Choice steers are 10 to 15c higher
than a week ago and the medium
grades Is TO SOC lower. Cows
and heifers also declined Is to SOC
while calves held steady.
Lambs are so to Use lower than a
week ago with best at $8.75.