davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16
mills CONSUME
LESS COTTON

Bureau Of the Census reports
512,703 running bales Of lint cot
ton were consumed in mills of the
United States during April, COM
pared with $4,000 in March and
470,359 in April, 1888.
Consumption during the nine
months ended April 80 totaled
Ass, 007 bales, against 4,218,932
in the like period last season.
LinterS consumed during April
amounted to 1892 bales, against
74,528 in March and 60,031 in
April, 1884. Linters consumed
during the nine months ended
April 80 totaled 597,0 89 bales,
against $685. 1898 in the like period
last season.
Consumption of lint cotton in
the growing States during April
was 1865 bales, against 429, AL
in March and 388,895 in April,
1888. Consumption for the grow
ing States for the nine months
ended April 80 totaled 3,551,759
bales, against 3,522,822 last sea-
son.
Linters exported, but not in
cluded in the above statistics,
totaled 1857 bales during April,
against 1902 in March and 5,278
in April, 1888. Linters exported,
but not included in the above
statistics, for the nine months
ended April 80 totaled 1917
bales, against 124,76S in the like
period last season.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16
Demand for Spot
Fair at LiDerDOOl

LIVERPOOL, May 16 G.N.S0.
There was fair demand for open
ing spots on the Liverpool cotton
market today. Prices were steady.
Receipts totaled 5000 bales Of
which 1,400 were American.
At noon middling fair was
7.19d, strictly good middling
6.74d, good middling 8A4d,
strictly middling 6.29d, middling
6.14d, strictly low middling 5.99d,
low middling 5.74d, strictly good
ordinary 5.54d, and good ordi-
nary 5.24d.
Futures opened quiet and
steady and at noon were un-
changed to l point higher than
opening quotations, and 2 to 8
points above due prices. At the
opening May was quoted at 5.88d,
July 5.80d, October 5.84d and
January 5.82d.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16
EARLY COTTON
GAINS PARED

NEW YORK, May 16 G.NS0.
The cotton market was barely
able to hold its own as the session
progressed today, with initial
gains largely pared.
Trading was listlesS, with q 6
to 10 point bulge in Liverpool over
due prices exerting but a tempo
rary stimulating effect upon the
local market. There was a steady
dribbling of offerings from spot
houses and the South, together
with somewhat more extensive
pressure by New Orleans and
commission houses. Demand came
largely from the continental trade
and Japanese interests, but these
sources showed no disposition to
bid up for the staple.
The weather details showed
general rains across practically
the entire belt. This was varied
effect. since moisture has been
deficient in the Carolinas, North
west Texas and Western Okla
homa, while it has been excessive
in Louisiana and a few other Sec
tons. Crop advices from the
South varied, and while the local
trade was inclined to believe that
on the whole, excellent progress
was being made, not all reports
were encouraging.
Late in the forenoon, contracts
were unchanged to up 2 points,
with July up 2 at 1913, October
up l at 11.47, and December un-
changed to 1859.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16
s ;: N. Y. Curb Quotations ys Gs I'll ;. x::

NEW YORK, May Is UN.SO.
The curb market settled down
into a Enthusiastically dull and
listless trading affair today, with
continued absence Of selling pres
sure permitting further recovery
in a selected handful Of on-time
speculative leaders.
Sherwin Williams continued
outstanding among the special
ties, rallying ia points to 68l2.
on the belief that this company
would benefit substantially by
the administrators home repair
project.
Hiram Walker firmed % to "a
in a quiet alcohol list. South
Penn featured the oils with a
run-up of ~ points to 21h.
Metal shares were sluggish. with
Wright Hargraves off "a at ga.
Utility issues frightened up after
an irregular first hour, with
Electric Bond and Share. Amer
lean Gas and Electric and Amer
lean Superpower edging up slight
ly from previous cloSingS.
Active senior issues were frac-
tionally higher with good demand
evidenced for the American Power
and Light IS, Electric Power and
Light SIS and New York Central IS.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16

RISES IN WEEK

Daily average production of
crude oil in United States in
week ended May IL totaled 1854
675 barrels, an increase of 97,305
barrels over the preceding week,
according to the Oil & Gas Jour
nal.
In the corresponding week Of
last year crude oil production
averaged 2,984,184 barrels daily,
so that output in the week just
ended May 10 was the peak for
that year and was due to the
fact that the East Texas field at
that time was running almost
wide open, producing an average
Of 1,073,180 barrels Of crude oil
daily.
Increase in production during
the week just ended was due al,
most entirely to 64,975-barrel
rise in Oklahoma to 546,350 bar
rels daily and to a 25,000-barrel
increase in California to 1000
barrels daily. Output in Texas
was up 1888 barrels to LOGS ,377
barrels daily. In East Texas out
put gained 4,760 barrels to 513,.
$50 barrels daily.
Largest decline during the week
was in Southwest Texas, where
production was down 1858 bar.
rels to 46,755 barrels daily. This
was followed by a decline of 2,139
barrels to 55,713 barrels daily in
the Texas Panhandle.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16
Profit Reported
BIZ CrOSLey Radio

Report Of Crosley Radio Cor
poration and subsidiaries for fiscal
year ended March 81. 1884, shows
net profit of $413,107 after taxes
and charges, equivalent to IS
cents a share on $4,000 no-par
shares Of capital stock. This com.
pares with net loss Of $291,O61 in
preceding year. Net sales for the
year were $1O,6S7,366 against S.
277,686. The 1884 report is GER
titled by independent auditors.
Current assets as of March 81,
1884, including $1,164,116 cash
and marketable securities, amount
ed to $3,217,137 and current liza
bilities were $910,957 compared
with cash and marketable securi-
ties of $1,0O7,751, current assets
of $2,163,132 and current liabili-
ties of $310,906 at the end of the
preceding fiscal wear,
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16
HOLDS
POSITION ON
EXCHANGE

NEW YORK. May 16.-Allen
L. Lindley was reelected vice
president of the New York Stock
Exchange yesterday at the first
meeting of the new governing
committee. The committees only
other action was to reflect Ed
ward T. H. -almage, jr., as
assistant treasurer.
Mr.. Lindley has been vice presi-
dent of the exchange since 1890,
when he succeeded Richard Whit
ney, who became president. First
elected member of the govern
ing committee in 1916, he re-
signed in october, 1917, to go to
war. In July, 1919, he was re-
elected a member and has served
continuously since.
After attending Lehigh Uni
versity in the class Of 1902, Mr..
Lindley became associated with
the stock exchange firm of Post
& Flagg. Soon thereafter he
went with his fathers stock ex-
change firm, Henderson, Lindley
& Co., becoming a partner and
a member Of the stock exchange
on October 9, 1902. Five years
later the firm became Lindley g.
Co.
Mr.. Lindley'S father was a
member of the governing COM
mittee Of the exchange for many
years, and his son, Daniel A.
Lindley, has been member Of
the exchange since March, 1929.
Mr.. Lindley's maternal grand
father was Cyrus w. Field, who
laid the first transatlantic cable
in 1895
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16
Business News
Spotlight

New life insurance production
in April was 26.4 per cent
greater than in April Of 1888,
while the cumulative total for
the first 4 months of this year
showed an increase of 1871 per
cent. Things have been pick.
ing up, and I look for further
improvement in all lines" says
Henry Ford. There has been
q marked lowering of Senti-
mental tone in the entire steel
trade in the last few days, says
the American Metal Market.
National Biscuit has declared q
quarterly dividend of so cents
on the common, payable July
IA to stock of record June Is.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16
v'' :ii,4 3;;;s''' N. Y. Bond Quotations

NEW YORK, May 16 GN.SO.
An extension Of rallying tenden.
cieS in rail and domestic cor
poration obligations furnished the
highlight in today's bond trad
ing.
Chicago and Northwestern 4As
set the pace in the carrier group
with a rebound of more than a
point. Gains of from fractions to
a point were registered in the
Denver and Rio Grande As, st.
Paul IS A, Nickelplate AVS, Great
Northern Is, New York Central
41as new, Erie SIS Of rs and South
ern Pacific 412s Of '69.
U. S. Rubber SIS, United Drug IS
and Warner Picture IS moved up
fractionally in the industrial elias.
Sification.
Treasury 4As stood out in a
Spotty U. S. Goveln,A ent lis.
Germans rallied briskly in the
foreign list.
Investment grade liens were a
shade easier.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16
STOCK DOLLAR
BUYS LESS

The recent stability of the pur
chasing power of the dollar in
vested in common stocks is showr
in the monthly analysis Of Ad
ministrative and Research Corpo
The analysis states:
Gas recorded by Dow Jones
industrial averages, the market
value Of average common stocks
increased from 99.9 on Deem
Der 30, 1888, to 1929 on April
20, 1884. This advance just fell
short Of offsetting the increase
in commodity prices, the pur-
chasing power Of the common
stock dollar showing a loss Of 8
per cent in the four months.
commodities advanced from
1908 on December 30, 1888, to
1875 on April %, 1884, according
to the Bureau of Lab0r'S whole
sale commodity index. AS q re-
suit the purchasing power Of
the dollar held in cash showed q
loss of 81 per cent over the
fOur-month period.
Marked increases were made
by bonds. According to Dow
Jones bond averages, they rose
during the fOur.mOnth period
from $3.50 to 94.97. The in
crease in the buying power of
the dollar invested in average
bonds thus was So per cent for
the four months"
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16
Corn Products
To Be Feted

Because the monthly payroll
Of Corn Products Refining Com
pany at its ArgO, ILL.,, plant Is
now running $25O,OOO a month
or 20 per cent above a year ago,
next Friday, May Is, will be
celebrated in the town Of ArgO
as "Corn Products Refining
Day"
A public holiday has been de-
Clared by Mayor Richard p.
Lambert as "a day of public re-
jOicing in appreciation of what
the big manufacturing plant is
doing for the prosperity and
welfare Of the community"
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16
WHEAT SLUNPS
|NM|XED MART

CHICAGO, May 16 G.N.S).
Grains displayed a mixed trend
today with wheat ruling moder-
ately lower. Although there was
no relief from the drought, traders
seemed disposed to regard Wash
ington developments toward regu-
lation as a more dominant factor.
Near midsession wheat was
1s to 12c lower, corn unchanged,
oats unchanged to zee up, and
rye y to 34c off.
Trade in corn and oats was
light but the markets appeared
better supported than wheat.
July wheat was quoted at 85Ac,
July corn 48Bc.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16
IRON AGE SEES
STEEL PEAK.
NEARING

NEW YORK, May 16 Q.N.SD.
Steel production this week has
made another gain Of / point to
81 per cent Of capacity, but the
peak Of operations is believed to
be near and the outlook for
coming months Is obscure, the
Iron Age review points out to-
day.
Foremost among factors con-
tributing to waning confidence is
the belief that current accumula-
t1ons Of material, prompted by
recent price advances, will rob
tho third quarter of tonnage.
The common apprehension of a
sharp drop in mill operations
after June 80 is reflected in the
uninterrupted fall in scrap
prices, which this week declined
from $11.92 to $11.67 a ton, or
only slightly above the years
low Of $l1.33 registered on Janu-
ary 2.
Strik.S Disturbing
Other disturbing influences are
the epidemic of strikes which Is
sweeping the country, the con-
tinuance Of drought in the West
relieved only by local rains, and
the slackening pace Of the auto
mobile industry.
The evidences Of increasing
caution on the part of buyers re-
Elect business prospects in general
and the labor outlook in particu-
lar. The rising tide of industrial
unrest has not only increased the
uncertainty Of costs but, in some
cases, has raised doubts as to the
possibility of continuing opera
tions.
1t is encouraging, however, to
note that releases from miscel.
1aneous sources, although not
showing further increases, are
holding their own. Even in the
case Of tin plate, a product in
which considerable stocking is
known to have taken place, mill
operations have received fresh
support and are holding at IS
per cent of capacity.
Rails Place Orders
The most encouraging market
developments are the placing of
additional railroad business, and
the award of 1000 tons of steel
pipe by the Great Lakes Pipe
Line Co. to the Milwaukee fabri-
Gator, the first large pipe order
to be closed in many months.
Railroad buying is featured by
the purchase of $4,000 tons of
rails by the Union Pacific and
10000 tons by the Reading, the
latter purchasing with its own
funds. The Chicago Great West.
ern has bought 500 steel box cars,
while the Boston and Maine has
distributed orders for 10 de luxe
coaches, 81 suburban passenger
cars, 10 steam locomotives and
four diesel electric engines.
Code Changes Discussed
New structural steel projects
include a new Rockefeller Center
unit, New York calling for 10000
tons, the main span Of the Tri-
Borough bridge in the same city
requiring 1000 tons, and a SUBJ
way approach section Of the Phil
adelphia- Camden bridge 5000
tons. Fabricated steel lettings for
the week, although made up of
small projects, total $1,000 tons,
compared with $4,000 tons week
ago.
Suggested code changes are be-
ing discussed this week at Wash
dngton by steel executives and
MIRA officials. The Administra-
ton is said to favor the abolition
of the Today waiting period fol-
lowing price filings and recogni-
ton of water rates in quoting de-
1ivered prices.
The Iron Age composite prices
for finished steel and pig iron are
unchanged at 1922 cents a pound
and $1790 a ton.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16
Florida Tourists
Increase Is Noted

A survey of so leading munich
palities by the Florida Chamber Of
Commerce revealed that tourist
business increased SIS per cent last
season over the previous year, and
transportation companies indi-
Gated a IS per cent increase in
travel.
BY striking an average between
the two estimates the chamber
reported the tourist increase the
past season as IS per cent.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16
Liquors
In Warehouse SO1r

Bonded warehouse stocks Of i'm
ported alcoholic beverages have
increased rapidly since repeal, &C.
cording to Commerce Department
statistics which show stocks of
$18,9S3,191 at the end of March
compared with $4,903,506 the
three months earlier.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16
Road Declares 81
Common Dividend

Cincinnati, New Orleans and
Texas Pacific Railroad has de-
clared a dividend of 81 on COM
mon stock, payable June rs to
stock Of record June 4.
On December 26, 1888, divi-
dend of SO was paid, which
marked resumption of dividends.
Prior to that, no dividend was
paid since June "a, 1882.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16
Exports of Mexico
HiQheSt Since 1929

March exports for Mexico to-
tailed 59,306,O0O pesos, which, &C.
cording to the federal statistical
bureau, is the highest monthly to-
tai since 1929. March, 1888, ex-
ports totaled IS ,531 900 pesos. Ag.
ricultural products, minerals and
petroleum products led the ex-
ports,
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16
Easy Washing Jobs
Hit NeLU Hi0h Peak

Employment at the plant Of the
Easy Washing Machine Corporal
ton has reached its peak, with
1900 persons on the payroll.
There is a partial night shift.
Each person works 40 hours q
week.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16
RIKE-KUMLER PAYS

Rike-Kumler Company declared
a semi-annual dividend Of so cents
on the common stock, payable
of SITS on the 7 per cent cumular
tive preferred, payable July / to
stock Of record June Is. A SINH
lar payment was made on the com
mon stock on December IL, 1888.
and the regular quarterly dividend
June II to stock Of record May 49,
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16
National Stores
Sales Up Sharply

BY International News Service
First national stores sales in
The four weeks ended April %,
increased 81 per cent from ST.
1 OSS.3 1853 In the corresponding 1888
period to $8,27S,475.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16
PIPE LINE REGULAR

Northern Pipe Line Company
declared the regular Semi-annual
dividend Of IS cents. payable July
2 to stock Of record June Is.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16
new GooDBoDY OFFICE

Goodbody & Co., member of the
New York Stock Exchange, is
opening a branch office in the
Splitter Building.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-05-16

High Low SIS
Hudson Bay Mas. 12& 12% 12%
Humble Oil........... 41%l H%I Az
Ill Pwr & 1t IS pf. coz 2OAI 2OA
Imperial Oil Can..... 14la 14A 14h
Imperial lob Canada. II IL II
ms of N A........ 4SBl 4SBl 4Sh
Init Hyd FL Sys pr. 25a IS 25A
Internal Pet 26$s 26& 26B
Italian Sup A......... 1BI III IN
Lake shore Mines. 49A ASA ASH
Lerner Stores ........ % Is 70
Libby Men G. Libby.
Lone Star G........... Sal s
Louisiana Land .......l
Lynch Corp ........... 29L4I 29H 29h
Mass TT Asso......... Ia IL Ia
Memphis n G......... 81 "a 3A
Minpls Honey r pf. 100 100 400
Molybdenum Corp &C.. IA 7hl IA
Moore DR. Forge A. II IL II
Nat Bellas Hess Inc. 31s ga 33s
Nat ContaiIer ..,. IS 34% 80
Nat Dairy Pr pf A. 98A 9Skl 9SK
The Waterbury Democrat., 1934-02-07
Weds Dancing Partner

His real name is Clarence F. and he is not related to the fa- nous family descended from Jay liould. the pioneer plutocrat Nevertheless, he was handsome, a nimble dancer, and Lorraine fell in love with him. They danced togeth- er in perfect rhythm. Surely, she thought, life with such partner would be one endless waltz to dreamy music.
 Her parents stormed. but again Lorraine had her way. The couple married and shortly afterward Thomas F. Manville, sr... died.
 His huge fortune. made in the asbestos business and estimated as high as $40,000,000, was divided between Lorraine and her brother Thomas. Jr. At first the yonug Goulds didn't see what the millions were doing to their home. Both retired from the stage. ~
 When Jay became restless De- cause of so much leisure. Lorraine rave him $475,000 to buy seat 0n the stock exchange and added another half million to set up rrokerage business.
The Waterbury Democrat., 1934-02-07

en. Robert Montgomery as dar- ing in the thrilling prison escape scene as he is romantic. Madge Evans portrays the role of an in- dependent chlorine with. charm, feling and convincing characteriza- tion.
 Ted Healy and his three madcap stooges are hilarious in their straight" character roles. AS Daly, detective par excellence, c. Henry Gordon Is the kind of prison ofh- cial who would make the most sagacious escaped convict lie awake nights.
 The novelty and freshness of Fugitive Lovers" lies in the fact that practically the entire story takes place on Q great Greyhound road cruiser en route to Holly wood from New York city. Seeing the picture is like making an ex- citing oss-country trip.
 The second feature attractive Is Flight Girls In Q Boat" a delight full and refreshing story of youth, youth caught in the meshes of ignorance of life. The girl is in trouble, and there starts an amaz- ing story that probes into the very minds of schoolgirls and shows what they think; that takes you into their secrets, their dormitor- ies, their emotions; that shows you their hates and their deceits, their perfections an dtheir flaws.
The Waterbury Democrat., 1934-02-07
STRAND

Performances this evening con- clude the engagement at Warmers Strand of Dinner at Eight" and "Horseplay". Tomorrow brings an all new double feature show headed by the most Iuproariously funny comedy hit in many moons. First Nationals Convention City,.
 The tory by Peter Milne, pres ents an extraordinary unique idea. dealing with riotous happenings during a salesmen's annual jam boree at Atlantic City. Friend wife is likely to sit up and take notice if her husband happens to be one of those who atetnds con- ventions without her.
 The action Is said to be fast and furious, beginning with the assem- ing them through a week of riot ous escapades to a smashing cli- max in which hotel, as well as regulations, is nearly wrecked. The dialogue by Robert Lord Is said to be lively and sparkling and the situations hilarious with It's mul- tiple entanglements.
 There is an all sctar cast headed by Joan Blondell as a gold dig ging chorus girl who dotes on con- ventions. Others include Adolphe Menjou, Dick Powell, Mary Astor, Guy Kibbee, Frank McHugh, Pa- tricia Ellis, Ruth Donnelly, Hugh Herbert, Hobart Cavanaugh, Grant Mitchell and Gordon Westcott.
 The companion feature will be Speed Wings" starring Tim Nc Coy. Speed Wings" concerns it. self, as the title would lead you to believe, with aviation. But instead of simply presenting a hodgepodge of aerial stunting, this production has a logical, effective theme--the efforts of band oi aviatorJ to win the worlds speed record for the United States.
 That they succeed - but only after six men have died trying is due to Colonel Tim Mccoy, who is not only an expert aviator, but an inventor of motors as well.
 The story hangs together intelli' gently, and the flying sequences are thrilling and dramatic.
 Mccoy acquits himself creditablJ as the daring aviator who brooks no interference In his plans. Mis-, Knapp is charming as the gir' involved. William Bakewell enacti the part of the flyer who has lost his nerve with a true understand. ing of dramatic values.
The Waterbury Democrat., 1934-02-07
GARDEN

Showing for the last times today is White Woman" with Charles Laughton, Carole Lombard and Charles Bickford. The companoin feature is "Myrt and Marge", the radio favorites with Ted Healy. Eddie Foy, Jr., and others.
 Tonight is gift night and you have the opportunity of winning a beautiful American Limoges "Silver Moon" 103 piece dinner set. The change of program to- morrow will bring Midnight" a big first run picture and four big time vaudeville acts. Midnight" Universal's picturization of the fa- nous Theater Guild play, with an imposing cast of Broadway's great, headed by O. P. Heggie, the dis tinguished Englist actor, and Sid- ney Fox, Universal's screen star, are featured in this intensely dra-