davidaulloa/AmericanStories huggingface dataset:
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06
BEGIN HERE TODAY

Jean Dunn, secretary to Donald
Montague, lawyer, delays her an.
swer when Bobby Wallace, auto
mobile salesman, asks her to mar
~ him.
At the Golden Feather night
club she meets Sandy Harkirs
whose business connection is
vague. Sandy introduces Bobby
and Jean to MIR. and Mrs. Lewis
Bobby sells some bonds for Lewis
who buys a car. :.
Larry Glenn, federal agent, il
trailing Wingy Lewis, bank rob,
Der. He learns about the bone
transaction and questions Bobby
The bonds were stolen. Larry be-
lieves the car Lewis bought IS
armored. Bobby undertakes te
find out.
Jean goes home for vacation
Sandy comes to see her and she
agrees 20 a secret engagement.
The bank of which her father Il
president is robbed. Larry start;
a search for the robbers.
NOW co ON WITH THE STORY
CHAPTER XXI
/ Slowly, step by laborious step
the federal men followed a din
trail across the middle west. Larry
! Glenn and his two aides, Tony La
rocco and Al Peters, went up thu
national pike from the village Of
Maplehurst like blood-hounds on
trail, asking questions and dis
playing little rogues' gallery pic
lures everywhere-in restaurants
filling stations, drugstores, no
tells, garages, barbecue stands
anywhere that the fleeing robber
might have stopped.
And at last, by slow stages
their trail led them toward Chi
cago. 1t was not clear trail
but, as Larry pointed out, thu
fugitives had a wounded man will
them, and their first though
would be to get him to a doctor
Obviously-since, as the fedora
men had satisfied themselves, they
had not taken him to any doctor
along the way--they were head
ing for some doctor whom they
( knew well. some renegade physi
clan who lived on the fringe o!
the underworld and could be trust
ed not to give them away. 1t was
logical to guess that they expect
ed to find such . man in Chicago
So, since the trail pointed to-
ward Chicago anyway, the three
man-kunters gave up their comb
inc of intervening cities and towns
and headed straight for the metro
polls.
Arriving there, they went al
once to the Chicago offices of tbs
department of justice, where Mat
thews. the agent in charge of tbs
DEPARTMENTS Chicago division, hac
his men out for two days trying
to find out if any stool pigeon o.
tipster had heard anything of the
Jackson gangs hereabouts.
=
Matthews had two pieces of IN
formation for Larry.
The first, not of immediate I'M
nortance, came from Washington
The fingerprints Larry's men hac
rot from the window Of the Maple,
hurst bank - fingerprints left
there by the wounded gangster
who had steadied himself momen
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06

ward college booster day. WILDE
observed, with all business. houses
expected to close, and the town
turning out en- masse for the game
between the Ralph James men
and Boiling Springs Junior col
lege. F' r2rS
Saturday afternoon the high
school midgets will play Christ
school there, the game starting at
3 o'clock. f"' ".',
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06
lmes-NseW's
Want Ad Rates
l n Advance

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L.. of Thanks and Trib,
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L,a
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06
TOO MANY CHILDREN!

NORWALK, o. (UP)-Harri-
son Stewart was indicted for non
support because, it was charged
ne deserted his triplets, two sets
of twins, four other children and
his wife.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06

AMPLE FUNDS now available TO
this community for every Hna
of sound home financing. First
Federal Savings & Loan ASS n.
Fourth Avenue Arcade. Phone
BAL.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06

NOTICE-If you contemplate any
repair work on your home, see
ms. We carry the most COM
piete line of builders suppiies'
fumbes, doors, windows, paint
roofing, ETC., in Western Caro-
lira. Quality. service, satlsfac-
ton. Hendersonville supply
Co. Lenox Park. Phone Soo.'
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06

REACHING NEW HEIGHTS. of
tone, power, Foreign reception.
In cabinets of exquisite charm.
1886 Philco. Brunson Furnl-
ture Company.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06

BE A WORLD VOYAGER. Span
oceans with the marvellous new
1886 Philco. New models nave
arrived. Brunson fIrature
Co.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06
Special Notices

FOUNTAIN SYRINGES 39c, hot
water bottles 39c, combination
water bottle and fountain
syringe 49c. New stock. Guar
anteed. Freeze Drug Co.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06
Lost and Found
43-Personal Property

ECST-Monday morning in State
bank So bill. Return to Times
News for reward.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06

ELECTRIC IRONS, Hoosier cab.
inets, Eagle range, upholstered
living room suite. dining room
suite, rockers and chairs, cook
stoves and heaters and 0 boy,
they're cheap. Govan Hyder
Seed Store. Phone $50.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06
|N&ds and Plants

=! PEDIGREED PAN
~ tranSpianted to Sc
bud and bloom, giant
I,. wonderful selection.
e SaGsy Gardens, S04
- street. Phone 327. De-
z service.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06
Houses and Real Estate

|ES.R0ON two-story house,
Tn. avenue west. large lot,
! $500. H. G. Love, Wool
T. b.ig. =
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06

Doe lockers read the warrant,
then looked MP with a contemptu-
Gus curl on his lips.
Talk" he said scornfully. It'll
take more'n a piece of paper like
that to set me talking"
| Have it your way" said Mat
thews calmly. "But, brother, you'll
be talking and talking plenty be-
fore you see the last of us"
Doc Jeckers gave him soul
look. Says you," he jeered.
Ito be continued)
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06
; brevard Grid
Teams VIII See
Action This Week
Swannanoa and Brevard
High Play There on -
Thursday ~

PREVARD, Nov. 6. (SpeciaD
Three Brevard football teams will
see action this week with big go
BEING that of Friday afternoon
when the Brevard college varsity
meets Boiling Springs.
On Thursday afternoon the
Salamanca high school eleven
will come to Brevard to play the
high school, the game to be called
! at $3.50 on the high school field.
! Friday afternoon at $3.50 Bre-
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06
livestock and Poultry

liALE Or EXCHANGE, car
mules, mares and fillies.
: 20 5 years, weight 900
30 JOS. All broke and gem
rs IS the BEST lot of stock
| &c. offered the Farmers.
&-.,e Stables. Phone 90. -
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06
Tor Sale

Arts md Accessories
rI ttrE2S ANY size or
r. r. ri. save you money.
@ u. \. Keith Co.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06

'AI-Pigs. F. R, Houston.
=
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06

A-E-Heavy colt, 2 years
>ee Rigby-MOrrow Co.,
l-- 41yDue east. Phone 97.S
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06
1-Household Goods

| al gas range,
|, 'r.~ heater. Cheap. Pc.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06

h YOUR Prestone at new low
j.. .,n Mld-City Tire Co.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06

e GALLONS high test geso-
Z },.Gj: ears creased SOC;
Is sasast 75e. COrpening's
,;zr.-le1, Station, Church
re; and Eighth avenue.
the 500,
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06
Matthews had two pieces of in

formation for Larry.
The first, not of immediate I'M
Dortance, came from Washington:
The fingerprints Larry's men had
rot from the window Of the Maple
hurst bank - fingerprints left
there by the wounded gangster,
who had steadied himself mOmen-
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-11-06

/ 'eSt't i FURNISHED room.
Ea:h ava Tn,oO per week. 4I2
Evening star., 1935-03-02
HOME OWNERSHIP
SPUR SEEN IN GOLD.
Investments in Land and
Improvement Held Pro-
teCtive Step.

The Supreme Court gold decision
may prove indirectly a more influ-
entail factor in stimulating public de-
mand for owning homes than any of
the Government measures designed
specifically to encourage this demand,
according to I. Friedlander of Houton,
Tex, president of the United States
Building and Loan League.
Pointing out that investment in
land and improvements Is one of the
surest ways to avert the drastic losses
sometimes occasioned by imitation. he
said that as soon as the renting fam
lilies of the country realize some of
the possibilities of the new decision
they will hurry to avail themselves of
the home-ownership anchor against
depreciation of their life's savings.
These people. if their economic
guidance is good, will hurry to buy
and build their homes now while
financing is plentiful, while all kinds
of home-lending agencies are seeking
borrowers, before any untoward ef-
fectS of the court decision operate to
discourage the investment of funds
in this f1eld,'' he said. 1.-The man who
borrows now has the added advantage
that if, as and when imitation does
Evening star., 1935-03-02
SAN DIEGO BOOMS,
PREPARING FOR FAIR
5000 Workers Building Palaces
to House Exhibits for Pa.
cifc Exposition.

San Diego, Calf, is witnessing a
miniature building boom, now in
progress in historic Balboa Park,
where approximately 5000 workmen
are now engaged in the construction
of the 100 or more Spanish Colonial
palaces, which will house the exhibits
of the 100000, 900 California Pacific
International Exposition, to be Off
cially opened May 90.
Activities in preparation for the ex-
position, the first worlds fair on the
West Coast in 20 years, have the Pa
cific slope humming as far north as
Seattle and southwark to Lower Cali
fornia. The outstanding civic, gov
ernmental business and industrial or
ganizations of the West, organized as
non-proflt enterprise, without stock
or bond issues, are unanimously pro-
noting Americas Exposition 1885 as
an international demonstration to
speed the recovery of the Pacific
Coast,
Evening star., 1935-03-02
4OSTATES ASSIST
HOME LOAN UNITS
Enabling Laws Put Thrift
and Finance Groups in
Federal System.

Forty States have enacted laws en-
abling eligible thrift and home
financing institutions to join the Fed
eral Home Loan Bank System and
take advantage of its long-term
credit facilities. according to the
February number of the Federal
Home Loan Bank Review.
The system now includes 3,140 in
stitutions, located in every State,
Hawaii and the District of Columbia,
and is the largest mortgage reserve
institution in the world, with men,
Der resources approXimating S3,-
400 100000
Membership in the system gives a
thrift and home financing institution
a more liquid position for the benefit
of its shareholders, who may wish to
withdraw or resell their shares, and
amplifies its loanable funds for the
rowers for the reflnancing, repair and
construction of homes.
Usefulness Impeded at First.
When the Federal home loan bank
act went into effect late in 1882, its
full usefulness to the institutions
which it was designed to help was
impeded by restraining provisions in
the existing laws of most States, the
Review says. In carrying out their
sponsibilities to the investing pub
lie, many States, for example, had
prohibited building and loan associa-
tions from investing in corporate
stocks. Since membership in the
system requires stock subscription in
the regional Federal Home Loan Bank,
special amendments were necessary
to permit development of the system.
In addition, the usefulness of men,
bership was seriously impaired by
limitations in various States upon
the power to borrow money. Some
States provided that associations
could not obtain loan for a period
longer than a year. Others narrowly
defined the percentage of total assets
up to which loans could be made to
the institutions.
In many States, laws prohibiting
the associations from pledging their
notes and mortgages as collateral
made 1t impossible for them to obtain
long-term advances from the Federal
Home Loan Banks.
state Legislatures have displayed
a fine spirit of cooperation in re-
moving these impediments and enact
ing enabling legislation" the Review
states, land as result member build
yorr ar,I
are now authorized to borrow from
a Federal Home Loan Bank to some
extent and to pledge collateral"
Evening star., 1935-03-02
HOTELS TO SPEND
ABOUT $75,000,00
1000 to Install Soundproofng,
Air Conditioning or Other
Improvements.

Two thousand hotels in the United
States will spend $75,000,000 during
1885 in battle against obsoles-
cence," Ralph Hitz, president Of the
National Hotel Management Co., pre-
diets.
Air conditioning equipment manu-
facturers stand to benefit materially
as well as many building trades
dealers as the hotels take up the
program of modernization and repair,
as advocated by the Federal Housing
Administration.
Recent surveys" Hitz said, "indi-
cate that the hotels will spend more
than $32,000,000 for new construction
materials alone, with an additional
$2,500000 for new soundproofing and
insulation materials. The purchase
for bedrooms and sitting rooms will
take an aggregate appropriation of at
least $22, 100000. Another 100000
will be spent for dining room furnish
1ngs, and at least $4,000,000 for new
kitchen equipment"
Cafe construction in hotels and the
fitting of new bars is also a field,
according to Hitz, in which much
remains to be done"
Evening star., 1935-03-02
46 BILLIONS SEEN
|NDURABLE GOODS
Retarded Potential Market
Charts S26, 600, ,OOO, 900
Due Building Arts.

The Nationwide potential market
for durable and semi-durable goods is
estimated to be SAC, 900, 100000 by
Herve Schwedersky, economist, in a
recent edition OF the Annalist.
This total accumulated demand is
divided as follows, according to Mr..
Schwedersky: Durable goods, $685.
600, 100000; semi-durable goods,
So, 600, 100000. These figures are
further broken into the following di-
visions: Residential construction. in
cluding repairs, $4,000, 100000; other
construction, including repairs, $12,-
000, 100000; consumers durable goods.
$4,000, 100000; producers durable
goods, $7,000,000 900: consumers
semi-durable commodities, $8,000,-
100000.
Mr.. Schwedersky explains that his
figures are based upon the findings of
DR.. Simon Kuznets of the National
Bureau of Economic Research and
estimates by Leonard Kuvin, another
authority.
Home Shortage Seen.
Mr.. SchWedersky observes that the
theoretical shortage suggested by the
figures may not necessarily always
be cumulative over period of years,
since certain amount Of that po-
tential business is undoubtedly lost"
He further states that they do not
provide adequately for the natural
growth Of the country and its popu-
lation."
The theme of Mr.. Schwedersky's
observations is that the study of the
situation gives rise to the belief that
the greatest potential demand for
durable goods lies with the individual
and not the corporation. There are
100000 private homes in need of
repairs by his estimate. 10000 of
which "are beyond rehabilitation and
should be rebuilt" There is, in addi-
ton. he observes, a shortage of
100000 homes to absorb population
increases in recent years.
Mortgage Money Needed.
Because of the low purchasing
power of large groups, however, it Is
probable that during the next five
years only a portion of the demand
will be filled" The large groups re-
ferred to include thousands who are
eligible to obtain modernization or
mortgage loans under the terms Of
the national housing act.
The article emphasizes the deed of
employment (for those who must fur
nish the demand for durable goods -,
savings and access to mortgage
money at low rates of interest"
Evening star., 1935-03-02
FINANCE OUTLOOK
GOOD FOR HOMES,
LEADERS DECLARE
Continued From First Page.)

Federal Housing Administration. A
report of a special League committee,
adopted by the Executive Committee,
reads as follows:
In that the committee believes that
the premium requirement under Title
II is excessive, it recommends that
either the act be amended SO as to
reduce the premium or that the rules
and regulations of the administration
be changed, so that the insurance
feature will result in full insurance
and not burden the mortgage in
event of default with the expense of
foreclosure and loss of income dur
ing the period that the foreclosure
proceedings are in progress.
Risk Held Premium Basis.
"The national housing act requires
as annual premium for insurance !
per cent of the total amount of the
original loan Notwithstanding the
fact that the loan is constantly re-
duced and the risk is reduced ac-
cordingly. Whereas the service
charge allowed to mortgages by the
administration is computed upon the
reduced amount, Notwithstanding the
fact that the labor involved may be
just as great in the twentieth year
when practically nothing is received
as in the first year. This should be
reversed. The premium for insurance
should be based on the amount at
which risk is being reduced and the
service charge be based on the
service to be rendered which con-
tinues until the loan is repaid"
A section of the report suggests
amendment of the Federal Home Loan
Bank Act to facilitate operation" of
the mutual mortgage insurance plan
under Title II of the housing act.
It is as follows:
1T has been proposed that the Fed
eral Home Loan banks might facili-
tate the early and effective operation
of Title II of the national housing act
providing for mutual mortgage insur-
ance by using some of their funds for
making advances to approved mort
gagees on the security of insured
mortgages. Section 10 of the Federal
Home Loan Bank act as amended
provides broad powers under which
each Federal Home Loan Bank may
make advances to its members Sc
cured by such mortgages up to 90
per cent Of the unpaid principal of
such insured mortgages. In order
to assist in relieving the real estate
credit stringency and to invite fur
ther funds into the long-term
amortized mortgage field, 1t is pro-
posed that the Federal Home Loan
banks be authorized to advance money
to non-member institutions up to 80
per cent of the unpaid principal of
such insured mortgage loans. This
would give employment to idle funds
now In the Federal Home Loan banks
and facilitate the F. H. A. program.
New Section Suggested.
1T is therefore proposed that the
Federal Home Loan Bank. act be
amended by adding a new section lob
Immediately following section 10a to
read as follows:
"'Sec lob. Each Federal Home
Loan Bank is authorized to make ad-
Evening star., 1935-03-02

vances to non-member mortgages
approved under Title II of the
national housing act. Such mort
gagees must be chartered institutions
having succession and subject to the
inspection and supervision Of some
governmental agency, have a COM
bined unimpaired capital and surplus
OF not less than 100000 of which
at least $4,000 is unimpaired capital
and their principal activity in the
mortgage field must consist of lending
their own funds. Such advances shall
not be subject to the other provisions
and restrictions of this act, but shall
be made upon the security of insured
mortgages, insured under Title II of
the national housing act. Advances
made under the terms of this section
shall be at such rates Of interest and
upon such terms and conditions as
shall be determined by each Federal
Home Loan Bank, but no advance may
be for an amount in excess of 80 per
centum Of the unpaid principal of
the mortgage loan given as security"
Associations Advised.
The committee report to the Execu-
tive Committee urged all building and
loan associations to apply to the
Federal Housing Administration for
approval as mortgages under Title II.
So far none of the associations in the
District have applied for this ap-
proval. This section of the report
is as follows:
Your committee recommends that
savings. building and loan associa-
tions. cooperative banks, and home
stead associations cooperate with the
Federal Government by becoming ap-
proved mortgages under Title II of
the national housing act. inasmuch as
this act Is sincere attempt to in
duce the flow Of private capital into
the home mortgage field as opposed
to direct Federal lending. Further
more. your committee believes that
the use Of the features Of Title II of
the national housing act on the part
of the institutions will prove advan-
tageous from the standpoint Of de-
veloping and conservatively managing
their business, as the following dis
cuSSlon will disclose"
Evening star., 1935-03-02

come, he will be the gamer, not only
because he has home, but because
his debt will be a fixed charge La
proportion to the home value and
will not rise in accordance with the
rise in the price Of property"
Evening star., 1935-03-02
Cabinet Below Wash Basin.

Extra storage space is provided in
the bath room by new lavatory unit
which has a cabinet below the basin.
Other features are recessed base (to
provide foot room and a towel bar
alongside.
Evening star., 1935-03-02
Fire Detector for Home.

Attached to the door bell circuit.
a new, small, home fire detector con-.
talnS a fuse which melts at $50 de-
grees Fahrenheit, causing the bell to
ring. Several can be attached to the
same wiring.
Evening star., 1935-11-30
BY BERNARD S. O'HARA,
Associated Press Financial Writer.

q
NEW YORK, November 30
Strength appeared in scattered parts
of the bond list today. affecting par
ticularly a couple of second-grade
rails, and Italian loans in the for
eign section.
In the main body of domestic is
sues price movements were small, with
gains and losses about evenly divided.
The rebound in the Italian group,
following yesterdays slump, lifted the
Government rs to SIS, up l. Rome
6l2s showed a similar advance at
asa and Milan 612s rose 2 to 431a.
= Further buying orders were entered
for Allegheny Corp. bonds, and the
IS Of 1850 moved up 2 points to 52l2.
Rails showing minor gains included st.
Paul IS, Missouri Pacific SIS, New York
Central SIS and Frisco 4l2s.
Obligations of Armour g. Co., Ca
madam Pacific, International Tele-
phone. Consolidated Gas, Shell Union
Oil, Texas Corp, Western Union and
Youngstown Sheet & Tube were
steady to firm, while those of Amer
lean g. Foreign Power, Postal Tele-
graph and Goodyear were traded at
fractional declines.
United States Governments re-
manned inactive, with values a shade
lower for several of the Treasures.
French Is sold off Is to 1703s, and
British 5l2s were down 3s. German
q government 512s we're slightly i'm
proved.