davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1934-05-17
JOHNSON HEADS
PUBL|C|TYFOR
EXCHANGE

NEW YORK, May 17.-stand
Ing committees of the governing
committee Of the New York Stock
Exchange were selected yesterday
The personnel Of the committee
on publicity, with one exception
Is entirely new, circumstance
which Is regarded as possibly a
forerunner Of a change in the
publicity policy Of the institution
in the face of Government regula.
ton under the stock exchange
control bill.
The new committee consists of
Walter L. johnson, chairman; An,
drew Varick Stout, jr., vice chair
man, who had served as a mem
Der Of the preceding committee:
Paul Adler, Arthur F. Broderick
and Maurice L. Farrell.
Had Much Experience
Walter L. johnson, who served
the exchange as vice president for
four terms from 1924 to 1928, is
a member of Shearson, Hammill
& Company. He has been active
In the administration Of the stock
exchange for years, having been
q governor since 1919. He has also
ben publicity and served as its
been a member of previous COM
mittees on publicity and served as
its chairman from 1925 to
1927. He was president also of
the New York Cotton Exchange
from 1918 to 1920 and continues
to hold a membership in it. He
is. also q member of various other
commodity exchanges.
Maurice L. Farrell, a former
managing editor of the Wall
Street Journal, had been men
toned for the craftsmanship Of
the publicity committee in I'M
official reports earlier this week.
Not RenOminated
The change in the personnel
Of the committee on publicity
arises from the fact that three
members of the vice committee,
James C. Auchincloss, it's chair
man; Jay F. Carlisle, vice chair
man, and George U. Harris were
not renominated for members of
the governing committee and
consequently not reelected at the
annual election Monday. Messrs.
Harris and AuchincloSs were also
members of other committees.
Changes in other committees
in most instances consisted of the
appointment of one new men,
Der. No changes were made in
the committees on arrangements
or stock list. 49,.
The Washington times., 1934-05-17
Soviet Oil Purchase
Called Not Unusual

BY International News Service
Purchase of 100000 barrels of
oil products for about 100000
from the Russian Soviet by the
Socony Vacuum Corporation for
distribution in the Near East is
termed by officials of Socony
Vacuum a normal continuation Of
business relations and not ex-
traordinary.
It was pointed out the company
had always bought it's supplies for
the Near East market from either
the Rumanians or the Russians
and had tried to keep its pur-
chases on an equitable basis be-
tween the two.
The Russians had not been IN
the market as sellers for some
time.
The Washington times., 1934-05-17
STAGES
MILD RALLY

NEW YORK, May II GNS0D
The cotton market today re.
sponded to President Roosevelt's
announced support of silver legis-
lation with a rally in moderately
active trading.
Practically all of the advance,
however, was registered on the
first call, futures in later dealings
lowering about the morning highs
as the first rush of buying ran its
course.
The early demand consisted of
good buying by professionals, local
traders, Wall Street and domestic
trade sources, but long operations
were considerably lessened as the
market neared the noon hour. Sell
ing was light, with scattered offer.
ings coming from New Orleans
and the South.
In contrast to the general rains
yesterday, which covered prac.
tically every station east Of the
Mississippi River, the forecast for
today was fair and warmer in
nearly all sections of the cotton
belt, a favorable development for
the dampened crop areas. Tenn
peratures were generally a little
cool early this morning.
Around midday, futures were up
9 to 10 points. July was up 10 at
11.49, October up 9 at 11.65, De-
cember up 10 at 11.78, and Jan
uary up 10 at 11.84.
The Washington times., 1934-05-17
FORD'S EXHIBIT
. To EB|CGEST

The Ford Motor Co.. exhibit
will be the largest individual ex-
position at A Century OF Progress
Of 1884.
It will cover II acres, five Of
which comprise parks. The
frontage on Lake Michigan is
100 feet. The Ford building is
900 feet long, 213 feet wide and
IL stories high in the central d.
vision. Twenty-one manufac-
turers comprising Ford suppliers
are participating. Henry Ford
said:
"At. our exhibit we intend to
show the how of progress
how things are done, how in
dustry advances, how our whole
civilized structure is dependent
upon the soil for its existence"
The Washington times., 1934-05-17
WOOLWORTHC CO.
SALES Squirt
. CONTINUES

Business of the F. w. Woolworth
Co. continues to show satisfactory
improvement, c. w. Deyo, vice
president of the company, told
stockholders at the annual meet
ing where the retiring directors
were reelected. He further de-
clared that expenses are well in
control, adding that the only anti
cipated increase for the year will
be on labor costs of the retail
code, which advance is being more
than offset by sales increases.
Sales of Woolworth's foreign
subsidiaries in England and Ger
many also. are reporting satisfac.
tory increases, Mr.. Deyo said.
Commenting on expansion, Mr..
Deyo declared it is the policy of
the company to continue a con-
sentative program which may be
influenced somewhat by the future
trend in business conditions. Dur
ing 1888 16 new stores were
opened, making a total of l941
stores in operation in the United
States, Canada and Cuba. The
British subsidiary had 529 stores
in operation in Great Britain and
the German subsidiary had 81
units.
OF the total outstanding $780,
900 shares, about 10 per cent were
voted at the meeting. The COM
pany has 46,371 stockholders of
record, a gain Of 1902 during the
year.
The Washington times., 1934-05-17
EllicOtt City Bank
Plan Wins ADprOU1L

Plan for reorganization of Wash
ington Trust Company of Mary
land, at Ellicott City, has been ap-
proved by j. j. Ghinger1 State
bank commissioner. A new bank
would be organized to be known
as Howard County Bank, with a
capital of $4,000 and surplus OF
$4,000, and upon opening derosi-
tors would receive at least Is per
cent of their balances.
The Washington times., 1934-05-17
Business Moderate
+ For Liverpool SPOT

LIVERPOOL, May II O.N.SD.
There was a moderate business in
opening spots on the Liverpool
cotton market today. Prices were
steady. There were no receipts.
At noon, middling fair was
7.23d; strictly good middling .6.78d;
good middling, 6.48d; strictly
middling, $3.50; middling, SID;
strictly low middling. 6:03d; low
middling, 5.78d; strictly good or
binary, 5.58d; and good ordinary,
6.2sd.
Futures opened steady and at
noon were unchanged to point
higher than opening quotations
and 2 to 3 points above due
prices. May opened at $500: July,
5.94d; october, $500; and Janu-
airy 5.87d.
The Washington times., 1934-05-17
PRICES NOUN
FOR HARD COAL :.

NEW YORK. May 17.-One
large producer Of anthracite has
announced that for June prices of
the larger sizes Of hard coal will
be increased IS cents ton. Prices
of the three classes of buckwheat
coal will remain unchanged. =
All large anthracite operators
are likely to meet the advance.
Although May prices remained
the same as April's which were
the lowest for the year, the usual
monthly advances are expected to
follow the June MAKEUP. An ad.
vance had been expected May J..
In announcing the June in
crease, the producers said: ..
In our opinion regular
monthly advances Of similar
amount. can be expected; and
even greater advances II re.
quired as the effect of legisla-
ton or regulation.
During 1888, anthracite prices
were reduced on May l 81 net
ton on the larger sizes. The
former prices were restored
through increasing prices IS cents
on July i, Is cents on August
and so cents on September l.
This year the prices on the
larger sizes were officially lowered
$1.0O on April 10. Most companies
made these prices retroactive to
April l,
The Washington times., 1934-05-17
Bitun1inOus Coal
Production Rises

The National Coal Association,
from incomplete carloading re-
ports from the railroads, esti-
mates bituminous coal produc-
ton in the United States for the
week ended May II at 6.2OO,0 900
net tons. Production for the cor
responding week of 1888 was S.
100000 net tons and in 1882,
4,352,000. -
The report Of the Bureau of
Mines shows production of 6,340.-
900 tons for the week ended
April. %, and 100000 for week
ended May S, 1884.
The Washington times., 1934-05-17
Business NewS
Spotlight

International Nickel's quarter
net was $5,O49,276, against q
net loss Of $8O,15S q year ago.
New York city has been allotted
a PWA loan Of $37,55S,OOO. E.
KrOger Grocery and Baking
COmpany's sales for the four
weeks ending May 10 are likely
to be at the highest level for
the period since 1881. With
virtually no demand for money,
a large bank, in an effort to
place idle funds to work, has
offered time money at l per
cent for a years maturity. >.
BituminOus coal loaded into
vessels at Lake Erie docks in
the week ended May IA tOtaled
.873,592 tons, against S52,41S In
the preceding week.
The Washington times., 1934-05-17
Grocery Chain
Sales Slump

Grocery chain store sales
showed q decline in dollar
volume of 3 per cent from
March to April, against a
slight increase for that period
in each of the previous four
years, the Department Of Com.
merce reported.
However, April sales were 6
per cent larger than in the like
month last year. Unit volume
of chain grocery April sales was
lower than in April, 1888,
officials stated. Total sales for
the first four 1884 months were
8 per cent higher in dollar
volume than in the period last
year.
An increase Of 8 per cent in
retail sales in Massachusetts,
compared with April of last
year was also reported. These
figures are based on reports by
S58 retail firms in the State
and cover ii trade groups.
The Washington times., 1934-05-17

NEW YORK, May II UNsJ.
Renewed strength in rail loans
continued to feature bond trading
today.
Further gains running up to a
point were chalked up in such
representative favorites as the st.
Paul SIS A, Northwestern 4As;
New York Central SIS, Nickel Plate
Ans; Erie SIS of IT'S; and Wabash
AIS.
U. S. Government loans main
tanned a firm tone, despite the
inflationary implications of the
Presidents approval Of silver legis.
lation.
Warner Picture IS, Goodyear
Rubber SIS and Postal Telegraph SIS
edged UP fractionally in the
domestic division.
American Telephone 51as eased
in a quiet investment list.
Germans were unchanged in the
foreign division.
The Washington times., 1934-05-17
American Stores Co.
Business improves

American Stores Company
showed a 7.9 per cent increase in
sales for the four weeks ended
April %, from $8,349,021 in the
corresponding 1888 period to So
01O.725.
Sales in the four months ended
April % gained "a per cent from
$35, 379.1 1854 in the same period last
year to $37,922,952.
The Washington times., 1934-05-17
J. D. Francis Heads
Island Creek Coal

]. D. Francis, formerly presi-
dent of Appalachian Goals, Inc,
and vice president of Island Creek
Coal Co., has been elected presi-
dent of Island Greek Goals.
Thomas B. Davis, formerly
president, will become chairman
Of the Island Creek board. He
succeeds William H. Coolidge,
who remains as chief counsel, a
director and member of the ex-
ecutive committee.
Mr.. Francis has been connected
with the company since 1918.
The Washington times., 1934-05-17
MGcFGdden Pays
So on Preferred

MacFadden Publications de-
clared a dividend of SO on the
Sc preferred stock, payable July
10 to stock, of record June 30.
The last dividend on the pre-
ferred was So paid on January
%, 1882.
Profit from operations for the
first four months of 1884 were
estimated by the company at
$650,00O after depreciation, all
charges and writeoffs, but before
taxes, against $400,814 in the
like 1888 period.
The Washington times., 1934-05-17
KeIUinatOr Moves
Service Division

Kelvinator poration has
moved it's factory service division
to the old plant in Detroit to make
room for expansion of offices and
other departments. Installation Of
new production equipment also
has been completed and inspection
facilities have been expanded.
Employment is at a new high
and the factories are operating
at full CAPACITY.
The Washington times., 1934-05-17
Spencer Kellogg
Raises QlLQrterLu
BY International News Service

BY International News Service
Spencer Kellogg & Sons In
creased quarterly dividends with
a declaration of 80 cents on the
common stock, payable June 30
to stock of record June Is.
In the three preceding quarters.
dividends of IS cents each were
paid,
The Washington times., 1934-05-17
Railroads Report
Line LOudings Up

The first IL major railroads to
report loadings on line for the
week ended May IL loaded 129, 406
cars compared with 1872, 149 in the
like week Of 1888. an increase of
So per cent. In the Immediately
preceding seven days these roads
loaded 129,289 cars against 49,
GIT in the like 1888. period, an in
crease of 7.8 per cent.
The Washington times., 1934-05-17
Central Traffic
Decline Is Sh0rL
BY International News Service

BY International News Service
New York Central loadings last
week declined sharply from the
week before. Loadings on it's own
lines decreased to 1874 per cent
above 1888 from 1914 per cent in
the previous week. Total cars
handled decreased to 96,849 cars
from 102.625 in the preceding
week, but. were we'll above the
total Of S3,968 Of a year ago.
The Washington times., 1934-05-17
USE Of POWER
REBOUNDS
b.. international News Service


Use of electricity last week. re-
bounded after the decline during
the first week of daylight saw
ing" totaling 1,643, $4,000 kilo-
watt hours against 1852, 100000
the Edison Electric Institute
states. Nevertheless, due to the
rapid upswing at this time last
year, the gain over the same
period year ago was pared to
11.9 per cent against 1877 in the
May week and 1853 two weeks
earlier.
Last weeks total compares with
1.468, 035 900 kilowatt hours in
the comparable 1888 period and
with 1,436,928,O0 in 1882.
The Washington times., 1934-05-17
Hog Market ActiUe
With Prices StrOn0

CHICAGO, May II G.N.S0.
The hog market was fairly active
and stronger today with receipts
$4,000. Top was $3.50 with most
good hogs at $685. to $3.75. ~:
The supply of cattle was 5000.
The market was strong and active
with some of the choice steers a
little higher. Cows and heiferS
sold steady to strong.
The best wooded lambs were
held at 1925. ....
The Washington times., 1934-05-17
Wool Production
-: LOUer This Year

The New York Wool Top Elk
change Service estimates domes-
tic. shorn wool production in 1894
at. 1853, 100000 pounds, against
1854. 100000 pounds in 1888, 345.-
100000 in 1881 and 373,22S.000
in 1881. -+''H&
The Washington times., 1934-05-17
Hudson Introduces
NeW TerrapLGne Six

Hudson Motor Car Company
has introduced a new Terraplane
six in four body styles known as
the Challenger series on a 112-inch
9wheelbaSe and 80 horsepower, list
ing as follows: Coupe, 1865; coach,
$575; sedan. $685., and four-pas-
Senger coupe, 500.
The Washington times., 1934-05-17
v isgsss 5: :s: N. Y. Curb Quotations

NEW YORK, May II G.N.S).
The curb market displayed unim-
pressive rallying powers today, fol-
lowing the announcement that an
agreement reached on silver legis-
lation, with only a scattering Of
issues able to chalk up any worth
while gains.
Turnover was again restricted,
with traders still disposed to act
cautiously pending final disposal
Of the exchange regulation bill.
Bunker Hill Mining, the one metal
share with a genuinely silver back
ground, was outstanding in its
group, running up 212 points to
421a. Gold shares were firm, with
Wright Hargreaves up % at 9, and
Hollinger up "a at 16.
Montgomery Ward A was the
best ground gamer among the spe-
cialties, advancing "a to los.
American Cyanamid B was active
and higher at 1919, as against
a 1-point decline in Pittsburgh
Plate Glass to 4S, and a 12-point
loss in Aluminium to Ct.
Hiram Walker rallied a point to
341a among the alcoholS, while
Distillers Seagrams managed to
exc out an advance Of "a at 1879.
Utility shares were fractionally
higher on the average. Tampa
Electric rose "a to 1874.
Standard c. Ohio was outstand.
ing in the oils, with a gain of "a
to 20.
The Cities Service issues fluctu-
ated idly, the common easing "a
to 21a, and the debentures ending
up ls to 48.
Utility bonds did little, with
Puget Sound Power and Light 512s
advancing u point to SIS.
The Washington times., 1934-05-17
Dollar Turns
Shade Easier

NEW YORK, May II Q.N.S.).
The willingness of President
Roosevelt to accept discretion
ary silver legislation found little
reflection in the local foreign
exchange market today where
the dollar was only q shade
easier in terms of the French
franc, The table:
The Washington times., 1934-05-17

High Low l 10
Humble OIL ........I 421sI 4oas 421s
Imperial OIL Can....I 141a 141AE14h
ms OF n A .. 40 40 40
Init Hyd Ell Sys pf. % 245s Is
Int Mining ........ 1888 13as 1874
Int Mining WIS ...... 5A 51s SA
Internal Pet ,....... asa IS u 26h
Italian Sup A ......I IN 1%l IN
Lake Shore Mines .... 4S1s AGA 49h
LakeY Foundry ......I !
Lehigh C&Nav new 81 81 81 8H
Leonard Oil .......... 9-16l 9-16l 9-16
Libby McNeill& Libby. 5s 5bl 51s
Long Island 1t pr B. Sc Sc Sc
Louisiana Land ..... 2hI pa ~
Mavis Boil A ....... 1916 %I q
McWilliams DredSe div c0& 20 20
Millde l. Util seller. 3-16 3-16l ais
The Washington times., 1934-05-17

Montreal funds In New York, &1.25 pre-
MUM per $1,000.
The Washington times., 1934-05-17

Liberty Shs 1932-47l103. 81 I103.27l103.27 |
Liberty list AIS -471oAoo I102.31l 103.31 |
Lib 4th AIS 1898. 104.00 100. 80 l103.3O |
Lib Ath as called. .LlO2. O0ll OF. OOllO2 90 |
The tribune independent of Michigan. [volume] (Detroit, Mich.) 1933-1935, 1934-02-17

Detroit. Rhodes declared the other
day that he was not sure the con-
rNf l0r 'lc ihror \rN York
lights would prohibit Lewis from
engaging in a Detroit bout. lie
stated that he had written to Lew
10 ascertain the facts. and would
know by the latter part Of the
week
II the contracts permit Lewis
90 fight before his New York bouts
local fans might get a chance to
rc the western contender for the
light heaveyweight crown in tho
ring against one OF the leaders oil
| his division.
Lewis rapid ascension to {
place at the top of the ladder IL
the light heavyweight division, fol
lowed victories over some OF tn
topnotchers I'm his class. This wa
climaxed with two we'll earned vic
tories over the champion, Maxi
Rosenbloom.
Included among Lewis victim
we're Fred Lenhart, Emmett Rocco
Lou Scozza, and Tom Patrick. II
won tho light heavyweight and IL
heavyweight championship OF Cal
fornia last year.
1 Lewis is 10 years OF age and
4 student at the Prescott His
A School. He has been fighting Il
N three years.
The tribune independent of Michigan. [volume] (Detroit, Mich.) 1933-1935, 1934-02-17
St. Antoine Wins
Volley Ball Game

Tho ST. Antoine Y volley ball
team moved into third place in the
InterBranch League by defeating
Hannah Saturday afternoon on the
ST. Antoine court. The scores were
l5-4, 15-4. 1876.
Fisher and Northern are tied for
first place in the league with ~
victories and three defeats. st.
Antoine has won II and lost seven.
st. Antoine draws a bye Thurs
day, but will meet Northern the
following week to begin the Sec
ond round in the league.
The members OF the st. Antoine
team are Dr. Gamble. Rev. Turner
Attorney Joseph Brown. DR.. Glenn
ent Scott Seigler Klore. Curtis
Miles, Roderick Schuster, DR.. ]
p. Young, and James Clark.
The tribune independent of Michigan. [volume] (Detroit, Mich.) 1933-1935, 1934-02-17
|CENTRALFACES
LARGE TASK TO
STOP VISITORS
Will Seek To Break
Winning Streak Of
Roosevelt High

Central Big Five will attempt TO
accomplish something at the Cen
trail Community Center Saturday
night which they have been unable
to do in the past three years-de-
feat Roosevelt High School, OF
Gary, Ind.
Since the first month in 1881,
Roosevelt, national interscholastic
champions. has been able TO turn
hack Detroit teams. Although the
games have always been hard
fought affairs, the Gary quintet has
been able to run up a score OF six
consecutive victories.
Gary Favorite
Boosting this record, the visitors
will be the favorites TO add another
victory to their already long list.
However. indications are that the
local squad will be able to redeem
themselves. And this should make
the game hotter than the first
game OF the season between the
two clubs. which was plenty hot.
Roosevelt came to Detroit to
meet Central New Years night.
The game was one of the best ever
played on the local court, the visi-
tors waging an uphill battle to
overcome a seven point lead in the
last five minutes to win, 1882. The
score was tied six times during
this torrid affair.
Central invaded Gary last week
and again came out on the short
end of the 1928 score. The score
was knotted 16 times as the play
ers battled over the court before
capacity throng.
Central was able to Illustrate the
fast breaking of the high school
players, but could not stop the long
shots which the Roosevelt players
resorted to- when they were un-
able to penetrate the Detroit de-
Tense. Five baskets were made on
followup shots from long TOMS"
Howell, Roosevelt's elongated
center, was high point scorer in
the Gary game, looping the oval
through the meshes for five field
goals. All shots were from the
center of the floor.
Herschell Solomon, who has
been shifted to center since Jack
Mann Joined the Savoys' will try
to stop Howelrs scoring in the
game Saturday night. Solomon f.
one OF the best defensive players ON
the Central roster.
Buddy Stevens, the fiashy little
player who has been signed to NIL
the position formerly occupied by
Harry Russian. now playing with
the Savoys in Chicago. should live
up to expectations. Stevens was
the leading scorer while with the
McIvey five.
The management at Central has
reduced the price OF admission to
25c. This should act as an induce
ment to increase the number OF
spectators.
The tribune independent of Michigan. [volume] (Detroit, Mich.) 1933-1935, 1934-02-17
CENTRAL FIVE
SWAMPS MEYER
Stevens and Solomon
Have Field Day

The Central A. A.. only colored
quintet in the amateur division Of
the Detroit Basketball Association,
reversed their form of the past two
weeks by swapping the NJ. r..
Meyers. 52-10. Sunday afternoon at
the Light Guard Armory
The coaches of the squad were
experimenting with a new combi-
nation. Buddy Stevens, who Is at
tempting to fill the shoes OF little
Harry Rusan. turned in an excep-
tionally good game. garnering
seven field goals. Solomon also
placed seven baskets through the
meshes TO tie the score. Houston
Williams was not far behind with
six baskets. Dorsey Rodgers. who
played the center post for Cen
trail last year. was back at his po-
sition Sunday. turning in five field
goals and one foul.
The tribune independent of Michigan. [volume] (Detroit, Mich.) 1933-1935, 1934-02-17
WORLD RECORD
TIED BY OWENS
Runs Sixty Meters In
6.8 At Morgantown

Morgantown, w. Va.-Jesse Ow-
ems, freshman at Ohio State Uni
versity at Columbus. was off TO q
flying start for his winter cam
paign by equaling the world dash
mark in the 60-meter run at the
sixth annual West Virginia games
here Saturday night. Owens ran
the distance in 6.S seconds in his
semi-final heat.
Four watches caught the nation
al interscholastic sprint champion
in 6.S seconds as he flashed across
the finishing line inches in front
of FagleIr. white, OF Uniontown,
Pa. The fifth watch credited the
runner with &C seconds.
Owens equaled the 100 and 200
meters marks at the national in
terscholastic meet in Chicago last
summer. He also established a
new interscholastic running broad
jump.