davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1935-02-05
F FA|LURES FEW
|NLOCA[ AREA

Important statistics for the
Fifth Federal Reserve District, in
which washington is included,
are contrasted in the monthly re.
view Of the Federal Reserve Bank
of Richmond, just released. Fig
ures in the comparisons include
the year 1929.
Commercial failures in this dis
trict in 1884 were only $50 as
compared with 4,206 in 1893 and
1,420 i 1929. Likewise the liabili-
ties involved were far less in 1884,
being only. $11,025,607 as COM
pared with $30,049,977 in 1888
and $24,705,654 in 1929.
Building permits for all work in
81 cities covered in the report
showed a sharp decline In 1884
from the 1929 figures but were
practically the same last year as
for 1888. They were given as fol.
lows: 1924, 1889 with a total
value of $30,348,263 as compared
with a total Of 21,360 at a value
of $40, 0,728,67S in 1893 and 42.122
at a value of $131,888,967 in 1929.
Decided pickup is disclosed in
department store sales last year,
total sales in 81 reporting stores
for 1884 being $94, ,330,6 against
$50, ,438,560 in 1888 and $117,111,-
916 in 1929. Total sales of SO
wholesale firms in five lines com.
pare as follows: 1884, $54,309, ,207;
1888, $46,508,414; 1929, $63 3,287,.
800,
The Washington times., 1935-02-05
By Universal Service

The Administrators banking
bill, centering control Of the ma
tion's credit in the Federal Re
serve System in Washington, was
sent to the Senate and House
Banking committees last night.
The bill, in what Chairman
Steagall, Of the House committee,
termed its tentative draft" pro-
vides:
/. Abolition of the board chair
manshipS of the IL Federal Re-
serve banks. The Reserve Bank
governors take over their duties.
2. Election of governors by the
Reserve Bank directors, subject to
confirmation by the Reserve
Board and liable to dismissal at
the Presidents will.
8. Limitation of bank board
membership terms to six years,
excepting the governor and vice
governor.
Careful Study Set
Mr.. Steagall said:
"There will be no haste in
considering this bill. I am will
ing neither to find fault with
nor eulogize 1t ut this time"
The Washington times., 1935-02-05
CURB RESUMES
STEADY DRIFT
DOWNWARD
By THEODORE KOsLOW

NEW YORK, Feb. S Q.N.S0.
The curb market resumed it's ir.
regular downward drift today, as
continued tension over the Su'
preme Court gold clause decision
influenced steady dribbling liqui.
dation in the run Of recent favor.
ties.
Babcock and Wilcox was a soft
spot in the speciality group. declin-
ing III points to 311a. Celanese
first preferred, sold off 1H points
to 1051a, Sherwin Williams was
off u at 1874, and fractional
losses were sustained in Arm
strong Cork, Swift, Ford Of
Canada A, Ford, Ltd, Fisk Rub
Der, and Greyhound. Pittsburgh
Plate Glass rallied almost a point
on the announcement that the
strike at the company's plans had
been settled.
Utilities continued to ease, with
Electric Bond and Share off "a
at 6, American Gas and Electric
off u at 1874, and American
Superpower off 1s at !.
Atlas dropped 70 to SH among
the investment trusts.
Oils were steady for the most
part, with Creole up u at 12, and
Imperial unchanged at 16A.
Alcohols were mixed, with a
gain Of 70 in Hiram Walker to
29h offset by loss Of 70 in Dis
tillers Seagrams to 1879.
Metals were heavy in tone, with
Lake Shore off 1s at 49T, and
Wright Hargreaves off "a at 81a.
Cities Service common eased IA
to ~, and the debentures lost
The Washington times., 1935-02-05
RISE
BUT LOANS FALL

The Federal Reserve Boards
condition statement Of weekly re-
porting member banks in 81 lead
ing cities on January 80 shows
increases for the week of Sill, ,0o0,'
900 in net demand deposits, $5,'
100000 in time deposits and $685..
100000 in reserve balances with
Federal Reserve banks, and de-
reases Of $4,000, 900 in total loans
and investments and $66,000,0 900
in Government deposits.
Loans on securities to brokers
and dealers in New York city de-
clined $20,000,000 at reporting
member banks in the New York
district, and $21, 100000 at all re-
porting member banks; loans on
securities to brokers and dealers
outside New York city increased
$4,000, 900, and loans on securities
to others declined 100000.
Holdings Of acceptances and
commercial paper bought declined
$S,00O,O0O in the New York dis
trict and $10,000,O0O at all re-
porting member banks; real es-
tate loans showed little change
for the week, and "other loans"
increased 100000 in the Boston
district, $4,0o0,OoO in the Chicago
district, and $3,000,000 at all re-
porting banks and declined ST.
100000 in the New York district.
Holdings of United States Gov.
ernment direct obligations in.
creased $44, 100000 in the Chicago
district, and declined $31,000,0o0
in the New York district and $19,.
100000 in the Boston district.
Licensed member banks formerly
included in the condition state
ment Of member banks in 101 lead
ing cities. but not now included in
the weekly statement, had total
loans and investments Of $1,217,-
100000 and net demand. time and
Government deposits Of 1920, ,o00,.
900 and 81. .3S9 900, 900, respectively,
on January 90.
The Washington times., 1935-02-05
FEDERAL BONDS
INACTIVE AND
IRREGULAR
By SAUL LEHRER

NEW YORK, Feb. 5 U.N.S0.
Continued irregularity was evi.
dent in the bond market today.
United States Governments
were quiet and slightly irregular.
Home owners Loan IS were un-
changed while Home owners
Loan 224s were lower, and Treas
ury IS of 1948 rose slightly.
Speculative railroad liens were
steady. st. Paul IS Of 1875, the
adjustments and the North West
ern convertible 424s unchanged.
German 4hs were strong and
about a point higher while
Chilean liens suffered fractional
losses,
The Washington times., 1935-02-05
Insurance Stocks
Lower for Week

Insurance stocks in the New
York city market registered a
slight decline during the past
week, according to Holt, Rose
and TroSter. The aggregate
value of 20 leading fire and
casualty insurance issues amount
ed to $493,777, 900 on February i
against $49,079, 900 on January
Is, a decrease of $1,3o2, 900, or
0.26 per cent.
The current average yield of
1856 per cent compares with 3.85
per cent week ago. The cur.
rent mar It value equals 1.21
times the current liquidating
value against 1.22 times the
previous week. Combined earn.
ings from underwriting and net
investment income equal 9.31
per cent of market value
against 9.29 per cent on January
Is. Quoted prices now average
10.7 times their combined earn
ingS, against 1913 times on Janu-
ary IS.
The Washington times., 1935-02-05
ChicagO's Listed
Securities Higher

Twenty-Five representative stocks
listed on the Chicago Stock Ex-
change had a market value at
the close of business for the
week ended February Of $491,.
$4,000, an increase of $l04,25O,
or 0.02 per cent, as compared
with the market value Of $751;
529,750 at the close Of the pre-
vious week, according to Paul H.
Davis & Co.
At the close Of the correspond
ing week a year ago, the same
stocks had a market value Of
$614,917,750, indicating q de-
crease during the year Of $l23,.
2S3,750, or zoos per cent.
The Washington times., 1935-02-05
WASHINGTON MARKETS

Eggplant-supplies light; demand
light: market steady. Cuba. IN -bushel
Peppers-supplies light; demand light;
market slightly stronger. Cuba, III
bushel crates, green, 1907.
Cucumbers-supplies light; demand
light: market steady. Cuba, bushel
crates, U. s. No. 2, s8@s.5O; Florida.
Okra-Supplies light; demand limited
market steady. Cuba, 6-basket crates,
squash-supplies light: demand slow !;
market weak. Florida, bushel hampers
@3.
ROmaine-No supplies on the market
BroccOli-No carlot arrivals; / broken
isst; TaFEst 4s steady c,stss California
KaIe- Supplies moderate; demand
SLOW; market weak. Virginia. bushel
CoIlards-supplies moderate: demand
light; market weak. Bushel baskets
virginis. sO96oc; South Carolina, few
sales. 75c.
Rhubarb-suprlies moderate; demand
light; market steady. Michigan. s.
pound cartons. 60@65c.
Carrots-ope California, 1 Texas,
New York arrived; broken and 3 un-
broken cars on track. California, West
81. so q 1.S5; fair condition, $1.25; New
York 40-lb. sacks, topped, 7Sc.
Beets-TexLs, via Baltimore, u crates,
Turnips-Georgia, crates. $2@225;
Canada, 5O-lb. sacks Rutabagas 70@75c.
Radlshes-Texas. via Baltimore, n
crates, fair condition, $1.75.
salsify-Nearby sections, demand slow;
Landcress-vlrginia, bushel baskets,
$1.25.
broken car on track. California drums
OranEes-Two California, 2 Florida ar
rived: . cars diverted; 3 broken and
unbroken cars on track. Florida. boxes.
No /. S2.SO@3:25; No. ?, S sS@%hbS; horon.rs 9S 70
packed locally, SiS1.5O; few higher. .
Grapefruit-Two Florida arrived: >
broken and unbroken cars on track.
Florida boxes No: j. S'S0% g %ss9S7s SS tIw "s
to size: truck receipts, sacks, .75c @$1.
TanEerines-Florida. 4-5-bushel boxes.
wide range in condition showing free5ing
injury. best si5O@2 ,iPo9rss Po9rss' sla5Ss g1SS:
poorer lower; Florida, sOc@S1.5O:. .a
LemOns-California, boxes. No: l. SAG
4.25: No. Q, $S.50@3.76, as to size.
Grapes-Spain. kegs. 1904; poorer
Bananas-Four cars arrived: 2 broken
and unbroken cars on track.
Pears-No carlot arrivals; 2 unbroken
cars on track.
L, C. L. Arrivals
FIOrida-32 crates eggplant; ~ bushel
baskets parsley: ~ crates peppers: 81
bushel hampers green beans.
Pennsylvania-124 S-pound baskets
Maryland-s5 s-pound baskets muSh-
Cuba-22 bushel baskets okra; 10
MichiEan-15 S5-pound cartons rhu-
barb.
origin.
The Washington times., 1935-02-05
Dun Commodity
Index Rises Again

Rising for the fourth consecu-
tive month, the Dun & Bradstreet
monthly commodity price index
stands at $9.7800 on February /.
This represented the highest level
attained since December /. 1890,
and marks a gain Of 80 per
cent over the January /, 1885,
index of $9.4925.
Compared with February /,
1888, when prices were nearing
their low mark Of the. depression
and the index stood at $6.5324,
the latest figure shows an ad-
vance Of 49.7 per cent, while con.
trast with the February /, 1884,
number Of $9.0110 reveals a gain
Of 8.5 per cent.
The Washington times., 1935-02-05
COTTON GOODS

NEW YORK, Feb. N.S.).-A
listless tone again prevailed in the
coarse yarn cloths market today, but
prices held unchanged and there was
an element of strength shown in sew
eral styles which had begun to improve
at the close of last week. Buyers,
however, were unwilling to cover on
forward commitments in the face of
the uniformly hesitant sentiment in
speculative and other markets, and
few traders looked for any appreciable
business until after the gold case Is
out of the way. Sellers under these
conditions were making little effort to
push out merchandise.
The Washington times., 1935-02-05
CHICAGO

CHICAGO, Feb. 5 s.).--Butter:
Receipts, 10,635 tubs; easy: old cars, 8;
new, A. extras, S51sc; standards, 35%c;
extra firsts, san @35c; firsts, 34@34hc;
seconds. 33@331ac; specials, 3S @3S1sc.
Eggs-Receipts, 1854 cases; steady;
old cars, none; new, 8; current, 27hc:
fresh extra firsts, less than cars, 2sc;
cars, 29%c; fresh firsts. less than cars,
2S1c; cars, 2shc; dirties, csc; checks,
25c.
Cheese-Twins. 17Ac; single daisies,
174a @17%c; longhorns, prints and young
Americans, 17h @17%c.
Live Poultry-Turkeys, zoe; toms, 140
1Sc; broilers. 22@23hc; springs, Is q 2oc;
ROSTERS, 14c; hens. 11@17c; ducks. 11@
21c: geese, 12@1sc.
Potatoes-Receipts, So cars; on track,
392; U. S. shipments, $50; Wisconsin
round white, TN @s2hc; Michigan round
white. 72l2c; Idaho Russets, $1.40@
1.47h.
The Washington times., 1935-02-05
PITTSBURGH

PITTSBURGH, Feb. 5. U.Ns.) s.).-(An
poultry, butter and eggs, are wholesale
prices to dealers. Supplies limited0
Poultry-Easy. Smooth legged spring
ers, 18@2Oc; colored hens, 5@2oc; Leg
horn hens, 13@15c; brolers, 23@?5c;
stagA 14@15c; Leghorn stays, 12@1Sc;
young turkey hens Is pounds and over),
ls@ zoe; old turkey hens, 17c; roosters.
9@1Oc; ducks, 14@1sc; geese, 15916c;
young toms (12 pounds and over), 1s@
zoe; old toms. tic; capons, 2S@25c.
Butter-Steady; 80 score. SS%c; SO
score, SIC; Ss score, 35Nc; standard, SIC.
Eggs-steady; nearby current receipts,
26Q27c; fresh extra firsts, 2S@2sc;
hennery white eggs, 3o@32c.
Tomatoes-Steady; Mexican, SKIS pack,
$3.5o@3.75; sx7 pack, SS@35O; 7x7 pack,
$3.50; Cuban, SKI pack. 50.
Cabbage-steady; New York. Danish
type, bushel baskets, 60975c; 5o-pound
sacks. 5O@65c! Texas round and flat
type. Western lettuce crates, .$2.25 @2.5O;
half crates $1@1.4o; South Carolina.
1a-bushel hampers, savoy type, $1.75@
1855.
The Washington times., 1935-02-05
LONDON MARKET

LONDON. Feb. 5 HN.SD.-stocks
closed quiet on the London Exchange
today
Gllt-edKed securities were stea d y.
Gold mining stocks and oils were weak.
Transatlantic shares were dull.
German loans were steady.
The Washington times., 1935-02-05
Steel
Prices Reduced
lnternational NeKs GerYicI

Bars and drawn wire Of stain
less steel, type All, have been re-
duced to II cents a pound from
18 cents at Pittsburgh, effective
February II, according to Sched-
ules just filed with the American
Iron and Steel Institute.
Forging billets Of the same ana
lysis have been cut OBS cents a
pound to 14.45.
The Washington times., 1935-02-05
NEW YORK WOOL

NEW YORK. Feb. s U.N.S.).-wool
ana Pennsylvania, 22@2sc; domestic
pulled secured basis, 50@75c; domestic
Texas. clean basis. 53@75c; domestic
territory, clean basis, 65077c
The Washington times., 1935-02-05
PITTSBURGH
LINEN MILLS

Controlling interest in the Meredith
Linen Mills of Meredith. N. H.. has been
ACQUIRED by H. Maurice Ross, of New
York, and associates. Assets are ap-
proximately $400 900.
The Washington times., 1935-02-05
HEAVY CHEMICALS EASE

Despite several advances, reactions pre-
dominated in heavy and fine chemical
price changes the current week, accord.
ing to the Oil, Paint and Drug Reporter.
The Washington times., 1935-02-05
DIVIDEND ANNOUNCEMENTS

BoS thereto
Bridgeport Machine OF January
to
March 15,
paid in the lastly
n basis
Unexceled
payment.
The Washington times., 1935-02-05
LIVESTOCK MARKETS
CHICAGO

CHICAGO, Feb. s.. Q.N.s).-Hogs-
HHeesipts 10000; steady to 1oc, higher.
@s; heavy. s7.75@s.15; med medium ms $775@ $50
SIS; light. $7.5O9S.1o; light lights, &7@
1;6o; packing sows' $7.25@77o; pigs.
eattls-Receipts $500; steady. Calves,
choice, .$11 @1S.7O; common and medium,
$3.50 Oil; yearlings, $1O@13.5O; butcher
cattle, heiters, $5@1l: cows, $4@75O;
bulls, $4@6; calves, $4.5O@95O; feeder
steers, S5@s.25; stocker steers. sos:
stocker cows and heifers, $4@6,
Sheep-Recepts 1l,00O; steady. Lambs.
$s.25@9; common, $S@7; yeariings, $50
s; feeders, $697; ewes, $S.5OQ5.
CLEVELAND
CLEVELAND, Feb. S. I.N.s.).-Hogs
$40; top, $3.50; few high points for o.:
the season
Cattle-Receipts 300; quality plain.
market slow and weak: demand limited
CalVes-Receipts ESQ; qualify poor;
most prices steady; trade rather slow.
Sheep-Receipts 1000; prices steady
$3.50; bulk, 1926 and below. wy
PITTSBURGH
u PITTSBURGH. Feb. 5 CLN.s).
s7.75@S.sO; medium, ss.5oas'so; light
$S9S.6O; light lights, $7.5O0s; packing
sows, $S.5o@7.5o; pigs. $6Q7.5O.
Cattle-10O; nominal; steers (9oo-1, 100
pounds) good, $7@1O; heifers (56O-S50
poundsl good. $6@6.75; cows. good,
H.So@6; bulls good beef, $4.5O@5.
lower; vealers. good and choice, $s01O.
sheep-5oO: better grade lambs, $50
Csc lower, sheep, 25c lower, top and
bulk fat, lambs, $s.1O; lambs 80
pounds down) good and choice, $s.75@
$s.50@7.5O; aged wethers, medium
good, $4.60@5.60; ewes, good and
choice, $4.25@4.75.
The Washington times., 1935-02-05
Local Stocks
SALES

SALES
Woodward & Lothrop common,
10000. 25@30, 25@3O.
AFTER CALL
Mergenthaler Linotype, 100
31R.
Puplic Utility Bonds Bid Ask
, 1935-02-05
Red Cross To Name
Years Committees

Standing committees OF the
Brownsville chapter Of the Red Gross
will be completed at a meeting at
the chamber OF commerce at 10 a.
IN. Wednesday.
Chairmen Of the committees, who
already have been named, are 70
nominate vice-chairmen and other
committee members at the Wednes-
dav meeting.
The heads Of the committees are:
Home service. Rev. o. G. Grow; dis
aster. Charles A. Burton; nursing
Mrs. Harbert Davenport; volunteer
service. Mrs. Howard l.. Cummings:
life saving. DR.. Lawrence Olmsted:
membership. Rev. ID. w. McElroy:
first aid. II. II. Banker: and publ
city. George II. Richardson.
, 1935-02-05
Congress Has Power
To Punish, is Ruled

WASHINGTON. Feb. 4. Rr-Mark-
fng another significant milestone In
the development Of Jurisprudence,
The supreme court held Monday that
congresses well as the courtS-has
power TO punish for contempt.
The decision affirmed a To-day
iail sentence imposed by the senate
on william p. MacCracken, Jr.. for
mer assistant secretary OF commerce
for aeronautics. for failure TO pro-
duce data requested by its airmail
investigating committee.
Maccracken was found guilty aft
er testimony that he had permitted
clients TO withdraw some Of the sub
poenaed records from his office and
. destroy others.
, 1935-02-05
BAD MAN and
Continued From Page one)

AAOAllAllQCu EIOuH rage O4GS
in which Raymond sat but the
youthful desperate tumbled from
the machine and joined his brother
in flight down an alley.
Their escape was miraculous. City
and federal officers were scattered
over the vicinity. Raymond rushed
into the garage Of the Dallas Gas
company. jumped into a service
truck and sped away. Floyd. afoot,
was lost in the darkness.
State highway patrolmen. federal
officers. city detectives and sheriff's
deputies encircled the city. Not q
trace Of the red truck was een
Linked in Bank Loot
Police j. F.. Daniel was shot in
the hand by the single shot Of gun
fire from the fleeing brothers.
Officers linked the pair with the
81 1893 robbery Of the First National
bank at Carthage. Texas, early Mon
day. when license plates from a
machine stolen at Carthage we're
found in the abandoned car.
"A receipt for a gas bill addressed
10 Floyd Hamilton and a letter
from the Anderson county district
attorney to a Dallas attorney dis
cussing Floyd Hamilton's record
were found in the apartment. In
surance papers bearing Floyd HAM
ilton's record were found in the
apartment. Insurance papers bear
ing Floyd's name also were found.
Mrs. Floyd Hamilton and the 9TH
er woman arrested were trapped BY
police several hours before the
shooting when they entered the
front door. Officers said one Of the
women pulled a pistol but was
quickly subdued. They we're taken
to jail and the officers remained at
the apartment.
Mrs. Hamilton was turned over to
federal authorities. She is under
indictment for harboring and con-
cealing Barrow and the Parker wo-
man.
Raymond Hamilton made a dar-
ing escape from the state prison at
Huntsville on July %, 1884. With
live other prisoners, they shot their
way out with struggled guns. He
Is the only one still at large. Three
OF the men we're shot down from
the prison walls. Joe Palmer was
captured later in Kentucky and IT.
win CBlackie) Thompson, was slain
by Amarillo officers.
, 1935-02-05

Q. Now do you remember being at
Mrs. Hauptmann'S house on the
10Th OF November, 1888?
A. Yes.
The GATE has two significances in
the trial: 1t was HaupImann'S
birthday and also the day ne alleg-
euly passed a ransom bill III a Green
wich village theatre.
On the afternoon of November 26.
1888 she testified. she went to the
defendants home. She found Mrs.
HauptEann alone. HaupImann n
rived al 4 D. m. and later ISador
Fisch and Paul Vetterle came in.
@. From the time Hauptmann
came in until he went out at 10 p.
m. to take you home did he leave
the house?
"A. No.
Reilly directed the witness next
10 the bon voyage party Dec. 2, 1888,
az the HaupJLann home for ISador
FlSch who was sailing Tor Europe
in a few days.
@. DO you remember the party7
A. Yes, I do.
@. Were you at that party7
"A. Yes.
@. Were you there before Isador
FlSch arrived?
"A. Yes. FlSch arrived between 1880
or 8 o'clock.
q. When did F1Sch leave?
a. When the party broke UP.
About two or three o'clock.
Reilly asked then If Hauptmann
was always kind to his wife.
IA very nice man" she replied. Il
mean good TO his family, q very
respectable man.
WilentZ objected and the answer
was ordered stricken out.
Reilly objected and argued that the
state had injected an inference OF
improper relation between Haupt-
mann and Mrs. Greta Henckel.
Justice Trenchard modified his Dr.
Continued OF Page Eight)
, 1935-02-05
Observes
Constitution DAY.

Matamoros Tuesday will celebrate
the 18th anniversary OF the Mex
lean constitution. with a parade Of
school children and a program at
the Teatro Reforma. The ceremony
viii take part in the program as
we'll as members Of federal depart
ments in the city. More than 3nn0
children will take part in the de-
monstration, which will wind
through the city and end in the
theater where a program will be
held.
Prof. Alfredo Martinez Aguirre,
school inspector for the district.
will make the official speech, in
representation Of the school chill
dren Of the city.
Among the speakers will be Ma
riano ". Marin. Matamoros bust
ness man. who will speak on behalf
Of the Masonic lodge.
Juan ny. Maraboto. city secretary
will speak on behalf OF the city
Of Matamoros.
, 1935-02-05
Special Service Is
Set For Wednesday

The Most Beautiful Book In the
World will be the subject OF Rev.
O. c. Crows sermon at the First
Methodist church Wednesday night
it was announced Tuesday.
1T is the Gospel as written by
St. Luke. one OF the New Testament
books of the Bible. 1t is the story
Of the Christ as told by a medical
doctor, for Luke was a physician, ?
II was announced.
Renan, the French Skeptic. called
this book The Most Beautiful Book
in the World, and il said by Bible
scholars that the world owes most or
its knowledge Of Peter, Paul and
John. and even Of Christ himself,
from the writings Of Luke.
Therefore" Rev. Grow said. it
not only is one OF the most 'beauti-
ful' books Of the world, but one Of
the most important also"
The program starts at 7:30 o'clock.
, 1935-02-05
Relief Set Up
Reorganization Seen

Reorganization Of the Cameron
county relief set-up along more eff
ficient lines was expected to be COM
pleted at a meeting of the county
board scheduled for Monday after
noon. according TO H. J. Goetzke Of
Harrington. board chairman.
The first step In the reorganiZa-
ton was the appointment Of George
White Of Brownsville county admin
istrator to succeed A. H. Piper Of
San Antonio.
He will have four principal Off
GERS under him. T. II. Lackev of Aus
tin as case supervisor. z. Champion
Of Brownsville as certifying Off
GER. a work supervisor and a COM
modify supervisor. the last vet to be
named. II Is understood that Nc
Murray Richie Of san Benito win
be commodity supervisor