davidaulloa/AmericanStories huggingface dataset:
Evening star., 1935-11-01
PEAK SET
BY IDLE RESERVES
Gold Increase Lifts Total
Above S3,OOO,O ,O0O,0
for First Time.
BY the Associated Press.

Another boost in gold stocks was
reported by Federal Reserve Banks
to have boosted excess reserves above
the $3,000,0O00 mark Tor the first
time in history during the week ended
October go
The weekly condition statement OF
the regional institutions said an in
crease Of s78000,000 during the week
brought the total to $5,653, 900 900. an
amount which the board estimated
to be about $3,Ol0,000,000 in excess
of legal requirements.
The statement disclosed the increase
came mainly from a gain Of $57.000.-
600 in gold stocks.
The condition statement said:
THE daily average volume of Fed
eral Reserve Bank credit outstand-
ing during the week ended October
80, as reported by the Federal Re-
serve Banks, was $2,477 600 900, de-
crease of 100000, compared with
the preceding week, and an increase
of S22.000,000, compared with the
corresponding week in 1884.
"On october 80 total Reserve bank
credit amounted to S2,474 100000. an
increase of s2,0O0,0oO for the week.
This increase corresponds with in
creases of $78,000,O0O in member
bank reserve balances, $4,000, 900 in
money in circulation and $4,000, 900
in non-member deposits and other
Federal Reserve accounts. offset in
part by increases Of S57000,000 in
monetary gold stock and $4,000, 900
in Treasury and national bank cur
rency and a decrease of s29,00000
in Treasury cash and deposits with
Federal Reserve Banks. Member bank
reserve balances on October 80 were
estimated to be approximately So
Ol0,000,00 in excess of legal re-
quirements
Relatively small changes were re-
ported in holdings Of discounted and
purchased bills and industrial ad-
vances. An increase of 100000 in
holdings Of United States Treasury
notes was offset by decrease Of $4.-
100000 in United States Treasury
bills"
Evening star., 1935-11-01
QUARTERLY INCOME
REPORTS BIG GAIN
Investment Company's Net Assets
Climb $10,324,197 Above
Levels of Year Ago.
Special Dispatch to The stpr.

Special Dispatch to The Star.
NEW YORK, November lin its
annual report being mailed to stock
holders today, Quarterly Income
Shares. Inc. group investment fund
operating under the supervision of
Administrative and Research Corp,
reports net assets Of s36,358. .723
for the fiscal year ended Octo-
Der Is, 1885, with securities valued at
closing quotations and after deduction
of tax reserve of s1.383l48 against
unrealized appreciation.
This compares with net assets of
SIG, ,O34,526 as of October IS, 1884, or
an increase of $l0,324,1s7.
The value of investments of the
fund. based on closing market quota
tionS, was reported at S37,6l9,050 as
of October Is. The net unrealized
appreciation after provision for Fed
eral taxes contingent upon realization
was s6.545.677.o4.
The per share liQuidating value Of
the 25,517,933 shares outstanding as
of October Is was Sl.4248 per share
as compared to s11e77 per share for
the 22,295 ,085 shares outstanding on
october IS, 1884.
Evening star., 1935-11-01
THE EVENING STAR WASHINGTON FRIDAY
Timken Increases
Dividend Rate to
81 Annual Basis
BY the Associated Press.

BY the Associated Press.
NEW YORK. November 1.-Direc-
tors of the Timken Roller Bearing
Co. Of Cleveland. have declared an
extra dividend of 81 share ON the
capital stock and regular quarterly
dividend Of so cents. both payable
December to stock of record Nove.n-
ber 20.
This places the stock on a So an
nual basis against 81 previously.
Three months ago directors ordered
an extra of so cents in addition to
the 25-cent regular.
The company and subsidiaries re-
port for the September quarter a net
profit Of $l,297,857 compared with
s423,212 in the September quarter OF
1884. Nine months ended September
80; net profit, s5,820.136 against
So $685. in the like period last year.
Evening star., 1935-11-01
Holders Approve
Five.Year Loan
Plan of Budd Co,
Special Dispatch TO The Star.

special DlSpatcn 10 Inc star.
PHILADELPHIA, November l.
Stockholders of the Edward G. Budd
Manufacturing Co. at a special meet
ing yesterday approved placing on a
five-year basis the $4,000 900 working
capital loan made on October I to
the company by a group of Philadel-
phia banks in participation with the
Federal Reserve Bank of Philadel-
phia.
ample working capital and has en-
ample wodking capital and has en-
ahled them to pay off all current
bank loans and certain matured obli-
cations.
Six per cent debentures maturing
in 1888 also have been reduced by
rs per cent and the maturity date
of the balance extened to 194l.
In October the Budd plant COM
pleted shipments exceeding s2.400,0 900
in value and has shipments of ST.
100000 in value scheduled tor Novem-
ber This compares with shipments
of $4,000 and s8o8,0O0 during the
corresponding months of last year.
Evening star., 1935-11-01
M'KESS0N PLANS
SHARESEXCHANGE
Holders to Vote December
IS on Proposal to Clean
Up Preferred Arrears.
BY the Associated Press.

os LHc hSsOCldLcO ETcsS
NEW YORK. November IA plan
was announced today for McKesson
81 Robbins, Inc, chemical firm, to
eliminate the accrued dividends on
the $3.50 preferred stock and to place
the company in a position to begin
regular payments on new preferred
stock.
Stockholders will consider the plan
December Is.
BY that time the company will owe
S14 in accrued dividends.
The offer contemplates an exchange
of II. shares of new no-par per cent
preferred stock plus so cents in cash
and one-half share of common stock
for each share of the present $50 par
Z per cent preferred stock.
Evening star., 1935-11-01

Calumet e. Hecla Consolidated Cop
per Co. deficit after depletion nine
months ended September 80 was
s775,382, VS.. deficit 81 l,664,346.
Evening star., 1935-11-01
BY the Associated Press.

BY the Associated Press.
The Association Of American Rail
roads announced today loadings Of
revenue freight for the week ended
october 26 were 707,s26 cars, a de-
crease Of 25.121 below the preceding
week; an increase Of 83,01S over 1884
and 65.403 above 1888.
Miscellaneous freight, 285 ,378, a de-
crease of 12,455 below the preceding
week; increase Al 1855 above 1884 and
1882 above 1888.
Less than carlot merchandise. 1861
189, decrease of 299; 4,485 above 1884
and drop of 5,544 below 1888
Coal loadings were 1852. a de-
crease Of 9.743; increase 8,939 above
1884 and decrease $500 below 1898.
Grain and grain products totaled
37,45l. increase 1888; 5287 above 1884
and 1924 above 1888 Western district
loadings were 22042, an increase of
$3.50 above 1884.
Live stock, 81 ,289, a decrease of STA:
4.254 below 1884 and 857 below 1888
Western districts 17,16e. a decrease of
3,l9l below 1894.
Forest products, o,675, decrease of
701; an increase of 1852 above 1884
and 6,50l above 1888
Ore. 81 .46l. decrease of 1854: an in
crease Of 1896 above 1884 and 1854
above 1888
Coke, 6,69l cars. decrease Of 1856;
an increase Of l,748 above 1884 and
283 above 1888.
Evening star., 1935-11-01
,,.tl,a Associated Press.

B. the Associated Press.
NEW YORK. November 1,-Heavy
buying in low-priced railroad issues
many of which advanced l to points,
kept the corporate bond market
pointed higher during late trading
today.
United States Governments were
quiet but steady and foreign bonds
were a trifle mixed.
Advances of to points were made
bv Great Northern i2s at 92".. New
York Central SIS at IA, Nickel Plate
4'2s at 6o12, and Baltimore q ONO
4res at 55ai. Others selling higher in
cluded Missouri Pacific 5s, Northern
Pacific 4s and Southern Railway As.
Industrial and utility bonds we're
about a standoff.
Evening star., 1935-11-01
FOREIGN MARKETS.
(Reporteo by Chas. D. Barney &
By the Associated Press.

LONDON.-The stock exchange here was
open today. All Saints day. for the first
time in over a century. 1t was recalled
that the committee had decided last Feb
fuary that the time -honored holidays of
May day May l. and All Saints day. No.
yember !. were unnecessary in view of
the march of progress.
Business was small today in view of
week end settlements and the holiday in
Paris. A good tone prevailed. gold mining.
oil, iron. steel and transatlantic issues be-
ing the f1rmest sections. while others were
undecided. The market closed steady.
BERLIN.--Owing to the lack of orders
prices on the Boerse today we're weak
throughout the list. Bonds also declined
The closing was stagnant.
Evening star., 1935-11-01
U. S. TREASURY NOTES.
FOREIGN EXCHANGES.

NEW YORK. November tp-Foreign
exchange irregular; Great Britain in dol
lars. others in cents:
al u; 6O-day bills, a0i2: France. de-
mand. $50: cables, $50; Italy. demand,
&. 10: cables. S13
Demands-Belsium. 1885; Germany,
free. 40.35 reg. tourist, - 90; reg. COM
mercial 10 90: Holland. 81 .a5; Norway,
Finland, -2.ls; Switzerland, :}25i: spain.
1896, Portugal. 4.47l2: Greece, "a "a;
Poland, 1886; Czechoslovakia. .14l2;
Yugoslavia. 80: Austria. is.S3n: Hun
gary. 2a.70n; Rumanta. 81: Argentina,
32:i6n; Brazil, S;51n; Toxic, ISIS; Shang-
hal. 3l.1@i2: Hongkong. 44.4n: Mexico
City. 2;.S5: Montreal in New York,
ess7is; New York in Montreal 1O1 .l2ta
Nominal.
Evening star., 1935-11-01
FEDERAL LAND BANKS

NEW YORK. November 1 UF,-Fedel
Land Bank bonds:
Evening star., 1935-11-01
FREIGHT LOAD|NGS
DROP 25,121 CARS
Weeks Total of 707,826
Remains 83,018 Above
Mark of Year Ago.

NEW. YORK. November 1.-The As
Sociated Press seasonally adjusted
weekly index of freight car loadinss
based on 1929-30 as 100. declined to-
day to 66.s compared with 6s q the
viously.
The range Of recent years:
1885. 1874 1898
Hieh ---------- 6a.I $50 61.3
Evening star., 1935-11-01
RUBBER FUTURES.

NEW YORK. November 1 R.-.Crude
rubber futures oponed quiet. / higher to
8 lower. December, 13.3Sa13.40; March.
1880: May. 1915.
Evening star., 1935-11-01
Washington Exchange
SALES.

SALES.
Canital Traction $500 at 96l4
$1,000 at e6, sl,0C0 at Sc, $1,000
at 96.
AFTER CALL.
Ana &, Pot. R. r. 5S-Sl 900 at 80 2
Bid and Asked Prices.
Evening star., 1935-11-01
Bid and Asked Prices.
BONDS.
PCRLIC UTILITY
MISCELLANEOUS
STOCKS.
PUBLIC UTILITY.

Amer Tel e. Tel o. ~
Capital Transit CO, D. IL IH2
Pot Elec. Pow. o.. pfd. 90 ~ ----
Pot FL P. 5'2r pfd. $500 ll55 ----
Wash. Gas 1t, Co $500 ~ ----
Wash. Ry. & Ell Co. l2j)- 3nu ----
Wash Ry. L FL. ptd. o. lUI -
The Waterbury Democrat., 1935-07-26
NO ACTION TAKEN
 BY STATE BOARD
Future of Trade Schools in State Remains in Doubt;
 School Here Affected

No action was taken by the State Board of Finance and Con- trol at the meeting yesterday on the request of the state department of education for an increased and revamped budget. The depart ment is seeking $76,000 in addition to the amount appropriated by the General Assembly. The matter is scheduled for discussion at the board meeting next week.
 Failure of the board to grant the appropriation will mean that the state trade school system will be made to bear most of the re- auctions resulting from the de- crease in the annual legislative grant. According to members of the state board of education it will be necessary to discharge 25 instructors in the il schools main tained in the state.
 In Waterbury the trade school appropriation is used to aid in the maintenance of the Continuation school in the Leavenworth high school building. It has been reported that this school, and an- other similar institution in New Haven, may be eliminated unless the additional grant is made by the finance board.
 Even with the full appropria- ton available last year, the trade schools were so much in demand that there was a waiting list of approximately 800 students, the state board of education points out. With the decrease in the personnel of faculties, it will also be necessary to curtail enrolment.
The Waterbury Democrat., 1935-07-26

quality of the entertainment which was offered.
 La Salette College is an institu- ton conducted by the missionaries of La Salette for the training Of students to the priesthood. It i8 widely known and esteemed in Waterbury; for from the time of it's opening it has always numbered among it's students young men from this city. Many of them arc now priests engaged in the minis- try in various parts of this country, while two natives of Waterbury, Rev. Thomas Newman and Rev. John Brady, are missionaries among the blacks in the Island Of, 
 The cooperation which has been shown the college in the past, and the sympathetic interest taken in it's purposes, give every reason for confidence that the carnival will be largely attended. Last year, between fifteen and eighteen thousand persons hocked to the carnival grounds. This year. an even greater number is expected, and extensive plans are made to receive and entertain them. The number of boths has been inc creased; and besides the program of entertainment there will be music and dancing every evening.
The Waterbury Democrat., 1935-07-26
Waterbury Included In Second District
 Under WPA Set-Up
J. J. Wrinn Named Director in District Elimination or Curtailment of Local Mans Work Believed
 Imminent Bulletins Here for WPA Procedure

Bulletins announcing the com plete procedure for applications from this city for WPA projects were received to-day at the ofice of William M. Harris, relief direc- tor, together with the proper forms for writing the projects. Several of the. projects now being executed as EZRA developments will be im- mediately rewritten and submitted to WPA headquarters for approval.
 As Mir. Harris was not in the city to-day it could not be learned just how long 1t will take for the pro- jects to be properly rewritten and approved by WPA officials. The ap- plication blanks involve a mass of details and duplicates must be forwarded to the several branches of the WPA before final approval is granted.
 Wrinn Named
 With the announcement to-day that J. J. Wrinn has been appoint ed as director of the second dis- trict of the WPA in Connecticut, 1t Is assumed that MT. Harris du- ties on federal relief here will be either eliminated entirely or great ly curtailed. Tn addition to his du-
The Waterbury Democrat., 1935-07-26
City Establishes New
 Mark For Enlistments
34 Recruits Approved By Hartford Office, Increasing
 Total of CCC Candidates to 2l7-More Expected

the candidate is from family on the relief lists.
 Following are the men who will report tomorrow morning at Lin coin House at 6:45 o'clock: Joseph Cristillo, Lawrence Mccarthy, Jo- seph Mullins, Guido Malanga, John Kearns, Thomas Iuliano, Joseph Yancuis, Alfred Vaillancourt, Patsy Inturrissi, John Labutis, Alphonse Skarmulis, George Stranitskas, Jo- seph Melchionne, Erling Thyren, Michael Beccia, Raymond Fisher, William Venslovas, Louis DelSasso, Raymond Miranda, Fred Henson, Fred Davino, Dominic DiMartino Joseph Simon, John Speliane, Will liam Worden, Ralph Paduano, Fred Bruno, Anthony Ramonas, William Graham, Joseph D'Ambrose, Jo- seph Klein, Armando Pagano, Ar. thur DeLoi, John Nolan.
The Waterbury Democrat., 1935-07-26
Harris Duties as Federal Relief Administrator May End
Quiet Reigns At
 Mill Street Plant
Campbell Not Present on Picket Line Today-Schub
 in New York Checking Merger Rumors

heard from here since Friday, July 18th, at which time he was stoned by the pickets as he fol- lowed a truck conveying materials out of the Mill street plant. Upon this occasion he had the protection of squad of police. Several local girls who were transferred from
 this city to help picket the Berk- Tiff Company on Madison avenue
 remain in New York. Their ex-
 penses are being supplied by the undergarment union.
 Excellent Field
 Further recommendations of this city as a fertile field for undergar- ment manufacturers may be made to companies by Schub, which in a previous announcement stated that the, Watertown firm has made and disposed of more than $3,000,000 worth of goods during the past twelve, months, giving the impress sion that the striking employees are
 capable workers and would be an
 asset to any new firm locating in
 this city. From the standpoint o1
 union leaders the worst difficulty to be encountered would be the
 transfer and setup of the factory
 equipment. It is known, however
 that the undergarment union will
 have to be recognized by any in.
 coming firm and that the State Federation of Labor will not toler.
 ate anything but a union shop ir
 this city, or in any other section of Connecticut,
The Waterbury Democrat., 1935-07-26

The situation on Mill street where more than 450 employees of the Watertown Undergarment Company are completing the fifth week of a general strike returned to normalcy today as the strikers took their place on the picket line at the factory gate after having been restricted to nearby verandas during the heavy rain of the past few days.
 Perhaps the most noticeable feature at the location this morn ing was the failure of Charles w. Campbell, local communicate leader, to put in his usual appearance. His absence was as conspicuous as the copies of the Daily Worker, regular publication of the Com munist party, which Is usually dis tributed wherever there happens to be a gathering of working people in whom an opportunity for the ad- vancement of Cominunistic ideals may be prevalent.
 Strikers referred to their attitude of yesterday in which they threat ened to deposit Campbell in the Mad River as something in the way of a little party that has been postponed until the Communist leader again appears among them. They appear to remain resentful over some of the statements issued by Campbell who stated in a re- traction of his former announce ments yesterday that he will con tinue his personal investigation in- to the welfare of the strikers and report conditions to the Undergar- ment Union, his party, or the city welfare department. Strike lead CTS and the shop committee did not hesitate to announce that any con- ditions that they know of where one of their number is in need will be cared for by themselves and the union without any outside help unless it is asked for.
 Courtesy Appreciated
 Harry Bronstein, former under garment code administrator, said today that he was glad to learn that Campbell made no reference to him personally in some of the issued statements. Bronstein Cla1IIlS LIlaI IL ldS dlWdyS DSSAi accepted in union circles that the leaders be accommodating to all concerned, making friends for the organization rather than enemies. Bronstein indicated the member ship of the Undergarment union which at this time numbers more than a quarter of a million mem bers that their policy is correct, and is being encouraged in industrial circles.
 Although Bernard Schub, leader of the strikers, was not in the city today it was learned that he is in New York city, headquarters for the union, where he may be check ing rumors of 8 merger between the Watertown and Berkliff Un- dergarment companies. Philip Lipschitz, president of the local firm and manager Murray Silver man, have been located at the Berkliff Company for the past two weeks. Lipschitz has not been
The Waterbury Democrat., 1935-07-26
SOCIALIST.LABOR
 ORGANIZER HERE
John P. Quinn Gives Ad=
 dress at Monument To- morrow Night on NRA

John P. Quinn, national organ izer of the Socialist Labor party, will speak in Waterbury tomorrow evening at p. m., near the Sol- diers' monument. The speaker will use for his discussion the subject, "The N. R. A. Dead-What Next ?"
 Quinn joined the socialist labor party many years ago and for the past seven years has been retained by the socialist labor party as its national organizer. It is stated that besides having wealth of experi- ence, Quinn is a deep student of working class economics and soci- ology and is able to interpret events in, clear and interesting manner. Workers interested in an analysis of present day problems are urged to attend and ask the speaker questions at the conclusion of the talk.
The Waterbury Democrat., 1935-07-26

ties as director of the Lincoln House and the Mutual Aid Unem- ployment fund, Mir. Harris has con. ducted the administration of the EZRA fund since the establish ment of the system more than two years ago.
 Success Achieved Under his careful administration and through the building up of re- serve funds the city has on several occasions been enabled to continue EZRA projects on an uninterrupt- ed schedule whe other large com munities were faced with the nec- essity of laying off workers or re- questing additional appropriations.
 The new director will establish an office of his own, separate from WPA state headquarters and pre- sumably in New Haven. His ter ritory will include all of the coun- ties of New Haven, Middlesex and New London.
 MT. Wrinn has been associated with relief work in New Haven since 1930. He was formerly direc- tor of the Citizens Committee on Unemployment there, and contin- ued in an executive capacity for the CWA office and later the EZRA in New Haven.
 It is considered probable that the new director will ask MT. Harris to continue the supervision of local projects.
The Waterbury Democrat., 1935-07-26
RAZZ BANQUET
 SET FOR TONIGHT

The annual "Razz Banuuet'' during which the leaders are sub- 5ected to a riding at the hands of the campers will be held to- night at the Y. M. c. A. camp at Smith pond, Watertown. Plans for the circus, to be held week from tomorrow, are also in progress. Animal trainers and cage attend ants will be Dick Miller, Ted Belfit, Ralph Berger, Bob Hyde, John Gowel, Fred Gibbs, Pete Sage and George Parsons.
 The junior sections of the camp elected chiefs recently. Among these are Fred Palmer, Don vi- al, Don Wight. Ray wedzunas, Ed Harrington. Paul Zubell, Bill Spi- cer and Roger Rose.
 Boat tests were passed Vester- day by Charles Holbrook and Dick Blewitt. Canoe tests were passed by John Hayward, Sonny Sanderson and Delevan Elliott.