davidaulloa/AmericanStories huggingface dataset:
Evening star., 1934-01-13
STOCKS FOLLOW
UNCERTAIN TREND.
TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE S
Market Closes Irregular, witt
Transfers Set at 7O0,-
600 Shares.
BY VICTOR EUBANK,

Associated Press Financial Writer.
NEW YORK, January 3.-Wal
Street watched Washington today 70
further indications that something wa
about to transpire in the gold an,
monetary situation. The result wa
that speculation in stocks was of
highly discreet character and prid
movements indecisive. The narkd
closed irregular with transfers an
proximating TOO 900 shares.
Steel equities were in fair demand a
moderately improved quotations and /
number of other issues mulled abou
in a fractional range. The tobacco
and metals eased. Grains were quie
and little lower at one time but cot
ton exhibited strength. The dollar he'll
to slim groove in foreign exchangI
transactions. Bonds, including Unitei
States Government securities, were
little mixed.
Shares of United States Steel
Youngstown Sheet e. Tube and Beth
lehem were up point or more each
and United States Steel preferred, Oti
and Republic steels firmed fractionally
Allied Chemical dropped 3, whil
United States Smelling was off neaTQ
2. Chrysler was heavy at one time, bf
was onl va bit lower at the finish. Co,
lumbar Carbon, American Commercial
Alcohol and Union Carbine yielded
point each. Case, American Telephone
General Motors. Consolidated Gas
Western Union, Auburn, Liggett & My
ers 3. Reynolds B, American Can
Santa Fe and Du Pont were off shade
Aside from the currency stabilizatioI
murmurs at Washington. there weri
many conjectures in the financial Sec
tor regarding the establishment Of {.
free" gold market here if and wher
the status of the Federal ReserveI
metal is determined.
With most of the boarded gold recOv.
cred since the shelving of the mOnetar'
standard, the opinion was expressed
that the Government now has no i'm.
portant reason for not sanctioning
free" market. 1t was pointed out tha'
because of such a market in great
Britain net gold imports to England
last year amounted to some 81 100000,
600. whereas gold stocks in the United
States declined almost S185 900 600.
Brokerage circles were much en-
couraged by the substantial rally O
corporate bonds during the week Vet
eran traders still hold to the theor,
that a firm bond market is an aid Il
sound stocks. although this did no
hold true in the boom days of 1929
when equities spurted While highes
grade maturities held to low levels.
The domestic gold price was agaiI
| unchanged at S3406 an ounce and
owing to the currency discussions al
the Capital. banking circles wouN
! have been surprised had the rate beeI
altered. Foreign exchanges frmed mod
erately in early dealings The Briti-l
pound sterling advanced IL cents Il
S5.0934 and French francs were "
.03l2 Of cent at 6.16 cents.
Evening star., 1934-01-13
SILVER QUOTATIONS.

NEW YORK, January l3 (Pl.-Bar
silver steady. a higher at 44's.
Evening star., 1934-01-13
Washington Produce

90 oBUITER-one- pound prints C92 score).
%; tub, Il; 1-pound prints go score. Il !:
tub. 20; 1-pound prints (sS score). 90;
u DRESSED pouLTRY-Turkeys. toms. a5a
q: hens. 25a25; chickens; Plymouth Rocks,
2Oa23; mixed colors. l6alS; Leghorns. 14a
Z: hens, mixed colors, 14a17; Leghorns,
10a13: roosters, aa!O; SQUADS. dozen. l-22
pounds, per pound. 45a50: Long Island
ducks, II; keats. per pair. 75a90; capons
MEATS IOa11; veal, 11a12;, lamb,
l6, pork loinS. l2al3: fresh hams, 13al4 ;
smoked hams. l4a15: strip bacon. 15a10;
laro. 7a7 2: compounds, 7a7i7.
Prices by the United States Bureau Of
Agricultural Economics.
EGGS-Market steady at unchanged quo
tatlons' receipts light. Current receipts.
1Sa3l: hennery whites. 2la23. Government
graded and dated white eees. U. S. extras.
large, 2374a25e4' U. s. extras, mediums,
Il Iza24 ,: Y. S. standards, 23a25.
LIVE POULTRY-Ma fun steady g
firm at Fridays quotations; receipts light
as usual over the week end. Fowl: Colored.
l3al2; Leghorns, 7a9; roosters, 6a7 Ply
mouth Rock chickens all sizes. l1aIg.
Plymouth Rock Spring brollerS. l9a"O; Reos
and mixed colors. 14a1G; Leghorns, 1IaI:}.
Turkeys. young toms, IA pounds and over,
Is; young hens, 10 pounds and over, 20.
Evening star., 1934-01-13
New York Cotton
BY the Associated Press.

BY the Associated Press.
NEW YORK, January 13.-Cotton
futures opened steady, to 10 higher on
better Liverpool cables and trade and
commission house buying. January,
108lB; March, 1899; May. 11.05; July.
l120; October, 11.35; December, 1l.4s
B-Bid
Some buying was reported based on
the monetary outlook, but the de-
mand was supplied by realizing and
the South seemed to have more SELL
ing orders After advancing to 1890
on the call, March eased off to 1896,
while May reacted from l.06 to HOP,
with the more active positions show
ing net advance of about to 8 points
at the end of the first half hour.
Houses with New Orleans connections
we're among the early sellers. Liver
pool cables said an early decline there
under some Far Eastern selling was
followed by advances on trade calling
and speculative buying. The report OF
the Census Bureau placing domestic
consumption for December at 343. 1893
bales. against 475,368 last month and
440,439 last year. was about in line
with expectations.
Cotton futures closed firm, 16ao4 higher
Evening star., 1934-01-13

17% 4s4 OHIO OIL. ............
SA lis Oliver Farm Equip. -
25A 10h Otis Elevator (60c)..
ga u Otis Steel. ...........
21t 2h Otis Steel pr pf. .....
96L 311a Owens-Ill Glass a..
Evening star., 1934-01-13
CHICAGO PRODUCE.

CHICAGO January 13 ,.P-Poul'ry l,i
) trucks; steady; hens. II; Leghorn hens.
Rock Springs, 13; colored, l2l2; Le-hor
chickens 9; roosterS. o, turkeys, lua
ducks. 9a1l; geese, 9.
Dressed turkeys steady. prices unclaimed
Potatoes. gS; on track. ISL; total Units
States shipments. 197. dull; supplies mod
crate. demand and tracing SOW U S. No
Russets. l S5a1 90; mostly / 90; Colora
McCluTes .9Oa q, =: Nebraska Triumph
fine quality and condition. SO
Butter. 7.73g; unsettled, prices uncharest
Eggs. 3.o0S; steady; extra flrsts. 2Oa@l j.
fresh graded frsts. 2Oa20i2; current re
ceipts. l9a19i2.
Evening star., 1934-01-13
BONDS

Actual sales
- 0Ou Home Own Loan
Corp As '51... 9@'s 9ci2 9@N
Total-~e0 900.
American Stores Co-ApproXimatt
sales, four weeks ended December 30
up Is per cent: 12 months of 5.3 pei
cent
Evening star., 1934-01-13
NEW YORK PRODUCE.

NEW YORK. January II LP-Eggs
1898; irregular. Mixed colors. dirties. No.
!, t. pOunos. 2Oi3: refriperators frsts
lS'-al9'a seconds l7alS; other mixed COL
ors UNCHANGED
than extra. 19i4a30; extra t99 scoreD 10:
hrsts tS1-HI scores. 17i4a19; seconds. 1854
stock unquoteG.
Cheese. l53.53f; steady. prices unclaimed.
Dressed poultry quiet. Unchaneed live
all other freight and express. unquoted
Evening star., 1934-01-13
PRUDENTIAL INVESTORS
BARES GAIN IN ASSETS

BY the Associated Press.
NEW YORK, January 13-Prudential
Investors, Inc, reports for 1888 net as
sets, taking investments at market as
of December 80 of s7.956,25l, equal to
sl5s12 a share on the preferred stock.
After deducting s1O0 a share for the
preferred the balance was $3.50 a share
on the common. On December 81,
1882, net assets amounted to s7,374061,
equal to s14748 a share on the pre-
ferred and S452 share on the COM
mon Net income in 1888 was 1922 ,963,
against 1924, 746 in 1882
Evening star., 1934-01-13
U. S. TREASURY POSITION.
BY the Associated Press

The position of the Treasury January IL
was. Receipts. S9Ol9. @,S6.30; eXpend lures,
S35,135,014O4 O4; balance. S793.54l,795.12 -.
Customs receipts for the month. S9.607.-
49s30. Receipts for the fiscal year lsince
July II. S1.51S.2S0.111.91; expenditures.
S3,O73,191, ,691 81 Including Sl.503, 5l3.-
1871 of emergency expenditures: excess
Of expenditures, S1.fG5516,9I932
Receipts for January 10. 1932 tcompar-
penditures. SaO.O34 .6o:I 81: net balance.
S443. 7.@2964; custom receipts for the
month, ST. .S6O,S3fgS.
Receipts for fiscal year. 81 027,0S4,-
3077 expenditures, S@,o4a7l5 537 63
excess Of expenditures over receipts. 81 Do.
631 ,.,29 so exclusive of S5:I9.313.41a ex-
pended for the Reconstruct on Finance Cor
pCration
Evening star., 1934-01-13
NEW YORK BANK STOCKS
CC1otations as of 1880 o'clock

NEW YORK. January l3 lPl.-Over-the
counter market.
Evening star., 1934-01-13
PRODUCE EXCHANGE

NEW YORK. January 13 GP,.-ProdVc
Exchange stock list
Sales in STOCKS.
Evening star., 1934-01-13

Sales Of Stocks New York Exchange
11:00 A.A........ 10000 1890 Noon. $50 900
Dividend the above cash
of trading less 1Partly
1Plus Paidtlast
Payable Plus d
payable
preferred
Evening star., 1934-01-13
Spot. firm; middling. 11.25.

Bleachable cottonseed oil futures
closed steady: spot unquoted; Janu-
ary. 465b February. 4.55b; March,
Arb; April, 4.75b May, 492b: June.
4.95b; July, 5l3b Sales-4 contracts.
Bid,
The Washington times., 1934-06-07
FUND
PROBE OPENS

Hearings were begun today by
the Civil Service Commission on
the suspension of six employees Of
the Internal Revenue collectors
office in Philadelphia in connec-
ton with charges that political
funds were solicited by the work
erS.
Three representatives Of the
Philadelphia office were called to
appear before the commission to-
day. No report will be made on
the matter by the commission
until the hearings have been con-
cluded.
Suspension of the suspects was
ordered several days ago by Sec
rotary Of the Treasury Morgen-
thau. The Philadelphia scandal
followed q similar situation in the
office of the collector Of internal
revenue in Detroit. The Detroit
collector resigned when charges Of
getting political donations from
workers were preferred, while two
other employees were suspended.
The Washington times., 1934-06-07
PROGRESS|vES
D|SPLEASED BY
G,O.P,CHO|CE
Little Enthusiasm at Capitol
Over FIetcher'S Reelection
As Party Chairman
BY GEORGE r.. HOLMES
International News Service

The selection of Henry P
Fletcher, suave Pennsylvania dip.
lomat, as chairman and chief
spokesman for the Republican
party for the next two years, was
not hailed with any great enthu.
siasm by the Republicans in Con,
gress today.
The die-hard regulars of the
old guard type were disappointed
because they had hoped for a
practical man, one intimately
versed in the intricacies of ward
and county organization.
PrOgressives Disappointed
The progressives were disap.
pointed because they had hoped
for one of their own type.
Inasmuch as the result at Chi
cago was wholly pleasing neither
to the old guard or the new guard
in the party, the middle-of-the-
Readers were inclined to think
that perhaps the compromise was
as good as could have been ar
ranged.
Senator Tess of Ohio:
"A fine selection, but I wish
it had been someone from
further west"
Senator White Of Maine:
"A good mana fine seIec-
ton"
Representative Smell of New
York, Republican leader of the
House:
"a very happy solution of the
whole problem. Henry Fletcher
has no political scars Of any
kind"
Representative Treadway of
Massachusetts,:
"A very suitable and proper
selection"
To these might be added the
comment of Senator Vandenberg
of Michigan, whose friends are
grooming him for the presidential
nominate in 1896:
81 have nothing to say now,
but / am hopeful they will elect
. vice chairman to dress up the
situation"
The Washington times., 1934-06-07
Steel Truce Failure,
Fear of Gen. Johnson

NEW YORK, June 7 1.N.S.)
Flatly denying that leaders Of
the steel industry have rejected
his compromise proposal for set
Element of the strike called for
June IS, Gen. Hugh S. johnson
NRA administrator, departed fol-
Washington by air today. He
said:
'They told me they were
going to consider it. / did not
come here to plead with them,
but merely to explain the de-
tails of the CODE"
General Johnson's assertion was
at variance with the statement
of the American Iron and Steel
Institute declaring that steel
leaders had rejected the proposal
Fears Compromise Failure
He predicted, however, there
would be no compromise on the
closed shop issue over which the
strike was called, saying:
when men start walking
out, you never can tell how far
the thing is going"
AS General Johnson left for
the Capital, the steel men gath.
cred again at their headquarters
in the Empire State Building for
another conference, still grimIy
determined to preserve the open
shop in the steel industry.
Progress Signs Lacking
Meanwhile, the meeting of the
steel barons drifted along with no
outward signs of progress. There
was no comment regarding the
course of the deliberations, either
official or unofficial.
William Archibald Irwin, presi-
dent of United States Steel, who
was the first magnate called into
conference by General johnson
when he attempted solution of the
crisis, left the meeting at 1915
p. m.
He was followed by a number of
other executives. All said, they
would return to resume the de-
alterations later in the day.
The Washington times., 1934-06-07
CUTTING MONEY.
BILL To START
HOUSE ROW
Plan Would Void Control
of Currency BY Federal
Reserve Banks
BY WILLIAM X. HUTCHINSON

BY WILLIAM n. HUICH1NSON
A major battle in the Senate
over the nations monetary poll
cies was assured today after Sena-
tor Cutting (R), of New Mexico,
proposed an amendment to the Adj
ministration's silver bill granting
the Treasury sole power to issue
currency.
The Cutting plan would destroy
all forms Of money, except Treas
ury notes, and strip the IL Federal
Reserve Banks Of power to issue
their own currency. It's purpose
is to concentrate in the Treasury
all control of currency.
Banks to Protest
The proposition is sure to arouse
opposition from banking circles.
For one thing, it would transfer
from the great banks to the Treas.
ury an absolute power to control
initiation and deflation of the
currency.
For another, it would deprive
the Federal Reserve Banks of the
interest they receive on issues of
paper currency. And finally, it
would make the Treasury master
of all monetary affairs.
The Administrators silver bill
presents an entirely different
issue. 1t merely proposed a ma
tional policy of using silver as
one-fourth of the Governments
monetary stocks.
It would authorize the Secretary
of the Treasury to purchase silver,
at not more than so cents ar
ounce, under terms and condt-
tions most advantageous to the
Government" until the silver re-
serve were acquird. Silver certifi
Gates would be issued against the
bullion purchased.
by Senator Thomas Cd. of Okla
homa, a boiling leader Of the
silver bloc. His substitute would
make silver primary money" on
a par with gold. He insisted the
Administration plan does nothing
for silver, since it recognizes gold
as the sole primary money.
Both the Cutting and Thomas
plans are opposed by the Admin
istration. Senator Thomas opened
debate on his plan to a handful
of Senators, the majority having
walked out" on him.
The cutting plan was offered
as a sort of trial balloon" and
has a bimetalism tinge. It pro
vides that the vernme emit
should redeem its Treasury
notes in gold or silver at the cur
rent selling price fixed by it, but
only in the settlement of net
debit international balances ariS-
ing from commercial transactions
between citizens of the United
States and those of foreign coun-
tries"
The Washington times., 1934-06-07
j. s. PREPARING
TARIFF SHIFTS

BY International News Service
With President Roosevelt
granted by Congress the most
far-reaching tariff powers ever
bestowed upon an American Chief
Executive, the State Department
today prepared to start anew the
greatest movement for develop
ment of foreign trade in this
nations history.
In negotiations with 20 nations,
representing practically all the
more important commercial coun-
tries of the world, the Yankee
traders will seek to bargain away
American surplus products in
return for an increased flow of
certain less competitive foreign
goods into this country.
Empowered by Congress to
raise or lower tariff rates as
much as SO per cent in the course
of trade negotiations, President
Roosevelt and his traders will
have the sole right to decide the
extent to which the trade of
certain American industries will
be sacrificed to permit an in.
creased flow of foreign goods into
this country in order to create
mutually beneficial trade.
The trade arrangements made
with other nations will be in the
form Of Executive agreements
and not subject to congressional
approval.
The Washington times., 1934-06-07
NSON OFFERS BILL TO PROTECT NEWSPRkT INDUSTRY
Russian Propaganda
mus. ToBeProbed
By House Group

committee by the head of a New
York publicity firm which handled
the accounts of German railroads,
steamship lines and hotels, dis.
closed that Mr.. Viereck received
a large monthly expense account
from that organization.
Silver Shirts PrObed
Meantime, the committee di-
rected its inquiry to anti-Jewish
activities carried on by the Silver
Shirts, allegedly headed by Will
liam Dudley Policy. Several of
Mr.. Pelley's aides will testify.
Preliminary investigations con-
Quoted by the committee in New
York and Asheville, N. c., re-
suited in testimony that Mr.. Pei.
ley sought an alliance with Ameri-
can leaders of the Hitler move.
ment for the purpose of establish
ing a Jewish boycott.
George S. Anderson, of Ashe.
vile, who was affiliated with Mr.
Pelley when the latter began his
organization of the Silver Shirts
in North Carolina, the investiga,
tors said will be among those ques,
toned.
Following hearings here. the
committee will recess until ad.
journment of Congress and then
will continue its inquiry in New
York.
The Washington times., 1934-06-07
SEE
BRIDGE MOVED
Continued from Page -

Continued from Page -
around the windlasses and the
1,500-ton structure began to move.
AS it started District officials adj
mitted that the bridge had been
overloaded for at least IS years.
500 Men ON Job
Approximately 800 men will be
engaged all day in moving the
bridge and watching telephone
and power cables.
Street car, power and telephone
company men Joined with District
engineers and representatives of
contractors in an all-night vigil
before severing traffic and other
connections. In addition a large
aggregation of moving picture
men and radio broadcasters
camped out under the steel arches,
prepared to spend the day.
The engineers are divided into
groups stationed at the base of
each tower, checking with Scien'
tific precision the effect of every
round of every horse on the job,
Every time the bridge moves
eight inches, bells ring automati.
cally and the movement stops
while experts all along the bridge
take measurements to see whether
the great steel span remains in
line.
No more than one inch each
way, up, down, or back and forth,
will be allowed in the way of the
bulge. If the bridge gets out of
line more than one inch the move.
ment will stop until the deviation
is corrected.
Officials Present
Among the District officials and
engineers who were on the job be-
fore daylight were Capt. H. C.
Whitehurst, director of highways;
c. r. White, engineer of bridges,
and Albert Greene, District bridge
engineer.
Another interested onlooker was
Albert Draper, the District bridge
engineer now engaged in building
the P street bridge.
The man upon whom the re-
sponSibiuty for removing the
bridge rests is John Eichley, a
Pittsburgh contractor. Mr.. Eich-
ley recently moved a bridge in
Pittsburgh which presented SINH.
lar problems to the Calvert
Street job and at one time moved
an eight-store telephone building
around a corner without stop.
ping telephone service.
The Washington times., 1934-06-07
BY International News Service

Charges that Russia is conduct
ing propaganda activities in this
country will be investigated thor
oughly, Representative McCor-
mack CD of Massachusetts,,
chairman of a special House COM
mittee, announced today.
The committee also is willing
to hear DR.. Hans Luther, German
ambassador, who was named as
the financial hacker of Nazi
propaganda in this country by a
witne SIS. Representative McCor-
mack said, however, that Mr..
Luther would not be asked to ap-
pear before the House group, and
any testimony offered by the am
bassador would have to be sub
mitted voluntarily.
Viereck Called
Charges of Russian propaganda
activities were made in the press
yesterday by George Sylvester
Viereck, a German agent in the
United States during World War
days.
Mr.. Viereck asserted that Russia
had paid considerable sums of
money to a propaganda in New
York. Representative McCor-
mack stated that Mr.. Viereck
would be subpoenaed to shed more
light on his charges.
Testimony presented to the
The Washington times., 1934-06-07
Brick Plant Plan
Rejected In County,

Arlington County Board Of Zon
ing Appeals last night rejected pc
tition of the Hydraulic Pressed
Brick Company to erect a pipe
manufacturing plant in Virginia
Highlands.
Led by former Congressman
Phil Campbell, a protest delega'
ton representing more than 200
property owners of the territory
opposed the plan. The plant
would give employment to nearly
800 men, it was said. Officials of
the firm will take their fight to
the Arlington County Board.
The Washington times., 1934-06-07
CUBA

HAVANA, Cuba, June 7.-A
though hombings during the night
have become commonplace in
Havana, a daylight outrage has
occurred here for the first time
recently. A powerful bomb was
exploded in a hardware store. fol
lowing which police used tear gas
to diSperse a milling crowd and
to prevent looting. One person
was killed and another wounded
The Washington times., 1934-06-07
BELGIUM

BRUSSELS, June 7 O.S0.-A
son, her third child, was born to
Queen Astrid of Belgium at 11:45
O'Clock last night. Both mother
and child were reported doing
we'll. The Queen is the former Prin'
cess Astrid of Sweden. She and
Crown Prince Leopold of Belgium
were married on November 4, 1926.
Leopold succeeded to the throne
this February, following the death
of his father, King Albert, in a
mountain climbing accident.
Detailed Story on Page 81