davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1935-02-06
BOND AND SHARE
At 2-YEAR Low
ON CURB LIST
BY THEODORE KOsLOW

NEW YORK, Feb. 6 GN.SJ
The curb market continued in q
generally befuddled state of mind
today, with the diversity of move,
ments in various stocks reflecting
the prevailing uncertainty in
speculative quarters.
Utilities made conflicting re.
sponses to the news that congress.
sional leaders were going ahead
with plans for holding company
legislation. Electric bonds dropped
u to a new low for the past two
years at 524.
Atlas Corporation was heavily
sold among the investment trusts,
dropping u to a new 1895 low at
81s, with a block of 1900 shares
changing hands, at the outset.
Oils did little. South Penn rose
u to 221a, and International Pc.
troleum moved up u to 221a.
Hiram Walker edged up h to
295s among the alcohols.
Sunshine attracted some buying
in the metal list, rallying % to
IA. New Jersey Zinc lost u at
53A, while unchanged levels
ruled for Pioneer and Teck
Hughes.
United Shoe Machinery rose u
point to 1914 in a quiet speciality
group. Greyhound and American
Cyanamid B lost fractionally,
while unchanged levels ruled for
Great Atlantic and Pacific Stores,
Ford of Canada A, and Swift.
Cities Service common firmed "a
to 13s, and the debentures held
unchanged at 38.
Utility liens were a trifle easier,
with American Power and Light
IS off "a at SAY, and Puget Sound
Power 512s down u at 66.
The Washington times., 1935-02-06
Employment Up
ForJanuary,
SaysGreen

Employment gains of Decem-
ber were extended last month
and probably will continue dur
ing the spring, william Green,
president of the American Fed
Grafton of Labor, reported yes
terday.
The labor survey pointed out,
however, that despite this en-
cOuraging trend, 4 per cent more
persons were on relief in De.
cember than in November.
Unemployment in retail trade
was reduced by 100000 and
more than 100000 new factory
jobs were created in December,
Green said. This more than
offset losses in building, rail-
road operation and farming.
The Washington times., 1935-02-06
Shawinigan Power
Earnings Improved

Shawinigan Water and Power
Company reported gross earnings
of $12,504, ,4O6 for 1884, compared
with $11.945.863 in 1888. an in.
crease of more than per cent,
and net earnings before deprecia-
tion of $3,367 ,443, against $2,.
943, ,043.
After depreciation charges and
transfer to contingent reserve,
the balance before income tax
was equal to $1.04 a common
share. compared with SO cents a
share in 1888.
During 1894 the company trans
ferred $1,199,526 general reserve
account to surplus, 1,0OO,0 900 to
depreciation reserve, 100000 to
contingent reserve and $499, ,526
to insurance reserve. After div
idends of $1,089,1 ,125, surplus sub
ject to 1894 income taxes stood
at $2,312.531, against $1,134,213
at the close of 1893.
The Washington times., 1935-02-06
TREASURY LIST
+ LEADS BONDS
LOWER
Nv PAUL LEHRER

NEW YORK, Feb. 6 QN.SO
a generally lower movement Of
prices characterized forenoo n
dealings on the bondmarket to-
day.
United States Govern en- t
bonds were easier with losses run
ming to 5-32 of point. Home
Owners Loan As, Home Owners
loan 3s, and the Treasury 3s Of
1855 led the decline.
Continued pressure was evident
on rail liens with st. Paul SIS of
a975 and Chicago & Northwestern
eonvertibles off fractionally. High
grade liens firm with Goodyear
6s unchanged.
International Telephone liens,
weak in past sessions were firmer
with the SIS up slightly. Foreign
governments were dull and fea-
tureleSS at the start.
The Washington times., 1935-02-06
COTTON GOODS

NEW YORK. Feb. U.N.S.).-The
coarse yarn cloths market passed
through another day Of dull and list
less trading today as prices continued
unchanged and buyers and sellers alike
speculated on just when the Supreme
Court would make its decision on the
gold cases. Such business as was trans
acted was in very minor quantities
and was virtually all for spot delivery.
Buyers were picking up actual spot
needs, which apparently were not large
and were not showing any interest
whatever in forward commitments
Finished goods activity was said to be
continuing we'll, and many converters
were sAort of their seasonal require
m0ntS.
The Washington times., 1935-02-06
American Gas Net
Likely to Decline

American Gas and Electric Com
pany will report 1884 net of ap-
proximately $7,450,OO0 for the
common stock or about $1.66 a
share, it is estimated.
Such earnings would be Slight
ly below the 1888 balance of ST.
655,51l or SITS a share.
Business last year for the
American Gas and Electric sys-
tenn averaged around 10 per
gent ahead of 1893.
The Washington times., 1935-02-06
MARKET JUMPY
|. OVER DELAY IN .
GOLD RULING
BY WALL STREET SPECTATOR

BY WALL STREET SPECTATOR
NEW YORK, Feb. 6 U.N.S0.
All this official talk about curbing
wild fluctuations when the Supreme
Court hands down its gold decision
is bringing lot of new nervous.
ness when things seemed to be
Strengthening out.
Apparently holders of stocks are
deciding it might be wise to do
some selling inasmuch as those in
high places seem worried. A num-
Der of observers believe the market
is in buying zone but few want
to risk their money until some con-
fidence reappears.
Only once before in a great
many years has U. G. I. sold as
low as it did today. This was in
1882, when it went to 9A against
current prices under II. When the
dividend was cut to 81 annually
couple of weeks ago officials
said they were sure the new rate
could be maintained: yet the
stock is now down to nearly a 10
per cent basis.
The answer is that all holders
of utilities will be relieved when
the holding company legislation
is known and the rate cuts now
underway are made general.
The next Socony dividend meet.
ing will come in August, when the
oil industry is normally most
prosperous.
So that stockholders will per.
haps get more than the 80 cents
due on the new semi-annual basis.
Statement that the company made
more in 1884 than the II cents q
share in 1888 was interesting.
Early in the summer, Socony
was earning $3,500,000 monthly.
or at the rate of around $50
a share, but the price war in the
fall cut this plenty. as it did for
the other petroleum marketing
outfits.
A leading brokerage house. is
telling it's clients to look into
the buying possibilities in low.
grade bonds.
The Washington times., 1935-02-06
AtchisOn Freight
, Lower Last Week

Decreased freight loadings for
the week ended February 2, COM
pared with the preceding week
were reported by several railroad
systems.
AtchiSon's own line loadings
were 8 per cent under the week
previous, but rose 2.3 per cent,
compared with a year ago. Load
ings from connection also showed
a reduction from the previous
week.
The Washington times., 1935-02-06
Decline Expected
In Tobacco Crop

The volume of fire-cured and
dark air-cured tobacco to be Of.
fered for sale this year is ex-
pected to be less than the total
sale of the 1884 crop of these
types, it was announced yesterday
by ]. B. Hutson, chief Of the to-
bacco section of the Agricultural
Administration. Favorable grow
ing conditions made the yield for
1884 above normal.
The Washington times., 1935-02-06
Kroger Grocery
Sales Up Sharply
international News Service

AHUeTHatIUHaI -NbWs SeFVICe
Kroger Grocery and Baking
Company reports sales of ST.
202,964 for the four weeks ended
January 26, compared with $15,-
401,15 in the corresponding 1884
period, an increase of 11.6 per
cent in the four weeks ended De-
cember 20 last. Sales were only S
per cent over the same period of
1893.
The Washington times., 1935-02-06
Daily Crude Oil
Output Greater

The American Petroleum Insti.
tute yesterday estimated the daily
average gross crude oil production
for the week ended February 2,
at 2,448,000 barrels, compared with
2,121,650 in the corresponding
week of last year.
Daily production for the four
weeks ended February 2, 1885, was
given as 2,515,00O barrels.
The Washington times., 1935-02-06
Reliance Reports
Reduced Earnings

Reliance Manufacturing Com.
pany Of Illinois and subsidiaries
report for the year ended Decem.
ber 81, 1884, net income of 1884,
229 after charges, equal after 7
per cent preferred dividends to
38 cents a share on the common,
compared with $789,155, or $3.05
a share in 1888.
The Washington times., 1935-02-06
STEEL RATE PUT
Up ANOTHER
HALF POINT

Steel production has registered
another gain, rising from Sc to
56la per cent of capacity, and
scrap prices, though manifesting
mixed tendencies, are on the av-
erage stronger than in recent
weeks, according to Iron Age.
The Pittsburgh ingot rate is up
three points to As per cent of ca.
pacity and operations in the
Cleveland-Lorain district have ad-
vanced two points to 50 per cent.
In the Valleys the falling in of
several open hearths has resulted
in a temporary recession of two
points to 81 per cent. Elsewhere
production is substantially un-
changed. At Detroit, where out
put is at 100 per cent of capacity,
one producer has so depleted it's
bank of ingots that it has been
compelled to buy a round tonnage
Of semi-finished steel in the open
market.
Upswing Slowing
Though additional increases in
production are looked for in cer-
tain centers, notably Chicago and
the Valleys, there are indications
that the upswing in mill opera
tions is losing momentum. Mills
producing automobile steels are
now operating virtually at capac-
lty and, though tin mill output
has risen to rs per cent and steel
demand from miscellaneous sources
is showing a steady growth, fur
ther significant expansion in raw
steel production is believed to be
dependent on bookings of railroad
steel, construction material and
pipe which have been laggards in
the recent buying movement.
Although output may soon level
off, no early recession is looked
for. In fact, steel makers are
now predicting that the present
rate will be maintained we'll
through the current quarter, pro-
vided there are no serious labor
disturbances.
They also point out that, with
four or five months of operations
at current levels, activity would
spread to other lines.
Even now expansion in miscel-
laneouS lines has assumed stable
proportions. A number of tractor
plants in the Middle West have
bookings warranting capacity op-
erations for the next six months.
Farm implement makers have the
best prospects since 1880. Agri-
cultural demand for sheets and
wire products has shown notable
Improvement. Stove manufactur-
ers are rurGing at high rate.
These and other nautomotive
outlets for steel are estimated to
have accounted for 35 to so per
cent of the bulge in demand
which has developed in the last
two months.
Building Awards Up
ObA uNUUA "a SLCS4 dWdIQS Oh
16,600 tons are the largest with
one exception since the last week
of November. New projects of
$3.50 tons compare with 9,4OO
tons in the previous week and
$3.50 tons a fortnight ago. Sheet
steel piling inquiries total $500
tons. Tentative barge work in the
Chicago district calls for $4,000
tons of plates.
Significant changes in iron and
steel prices for the coming quar-.
ter are considered unlikely. The
Iron Age composite price for pig
iron and finished steel are un-
changed at $3.50 ton and
2.124c pound, respectively. The
scrap composite remains at $12.17
ton for the second week.
The Washington times., 1935-02-06
DOMINION SALES DIP

Dominion Stores sales amount
ed to $1,226.610 in the four
weeks ended January 26 against
$1,373,11l in the like weeks a year
before, q decline Of 10.6 per cent.
The Washington times., 1935-02-06
NEW YORK WOOL.

firm; domestic fleece unwashed, Ohio
and Pennsylvania, 22@29c; domestic
pulled, secured basis, 52@75c: domestic
Texas, clean basis. 81 O 75c: domestic ter
ritory, clean basis, 55 a Tic.
The Washington times., 1935-02-06
Dollar Improves;
Sterling Rises

NEW YORK, Feb. 6 (I.N.S.).
The local foreign exchange mar.
ket continued quiet today with
the dollar a shade higher at
$500 cents against the French
franc. At the same time, ster.
ling continued its advance
against the dollar, rising half a
cent to $4.3S8. The table:
The Washington times., 1935-02-06
LIVESTOCK MARKETS
CHICAGO

CHICAGO. Feb. 6 G.N.s).-Hogs:
Receipts, $4,000; steady. Holdovers,
5000. Hop, $500; bulk, $7.40@S; heavy,
$7.75 ds.2O; medium. $7.75@8.2O; light,
$7.5O6S.1O: light lights $7@7.sO; pack
ing sows, $7.25@7.7o: pigs. s597.25.
Cattle e Receipts, 1000; 15135c
higher. Calves: Receipts, $500: steady.
Beef steers: Good and choice, $1f@
1885; common and medium. $7@11:
yearlings. $1O@13.5O. Butcher Cattle:
Heifers, $5@11; cows, $4@7.50; bulls.
$4.25@ as: calves, $4.50@9.50: feeder
steers. $5@S.25; stocker steers, $50s;
stocker cows and heifers, $4@S.
Sheep-Receipts. 5000; steady. Me-
dium and choice lambs. $3.50 culls
and common, 6@7; yearlings, $6@S;
common and choice ewes, $3.50@5:
feeder lambs, $6@7.25.
The Washington times., 1935-02-06
PITTSBURGH

PITTSBURGH, Feb. s. G.N.s.)-Hogs
Receipts 800; steady. Sows 25c lower
heavies, $7.75@sSO; medium, $500
$50; light, $sQs.6O; light lights, $3.50
@S; packing sows. .$S.25@7.25; pigs.
$5.75@7.50.
Cattle-Receipts so: nominal. Steers,
9OO-1, 100 pounds, good. $7@1O; heifers,
55O-S5O pounds, good, $6@6.75; cows.
good, $4.So9s; bulls. good beef, $3.50
Calves-Receipts o5; steady. vealers
good and choice, 5000.
Sheep-Receipts 500; lambs nominal,
quoted up to $9.10 and better; xlambs,
80 pounds down, good and choice, 1915
@S10; yearling wethers, good and
choice. $6.25 @7.25: aged wethers, med
ium and good, $4.5O@5.5O ewes, good
and choice, $4.2504.75.
Knot extreme limit of grade.
The Washington times., 1935-02-06
NAVAL STORES

NEW YORK, Feb. IN.s.).-Petro-
leum firm; crude Pennsylvania, $1.s2@
2.2o. Linseed oil. per pound. 9.1c car
lots. Turpentine steady, 5SAc. Rosin
steady; common, $5.25
The Washington times., 1935-02-06
Local Stocks

SALES
Potomac Electric 6 per cent
preferred, 5@111h.
Potomac Electric 51a per cent
preferred, 4@112A; 11@112; 10
@112.
AFTER CALL,
The Washington times., 1935-02-06
MARKETS

Grapefruit-No carlot arrivals;
broken and unbroken cars on tack.
Florida, boxes, No. /, $2.256250, few
special marks higher; No. ,, s202.25,
as to size.
Tangerines-Florida, As busheI boxes.
widge range in condition., many show
ing effects of freezing injury; best
I1.5O@2; poorer. 7sc9s1.2s.
.; Florida, 75c@s1.25; few $3.50.
LemOns-California, boxes, No. 1,
S3.5O@4; No. 2, s3@35O, as to size.
Grapes-Spain, 46-pound kegs, 1904.
Onion sets-One Indiana arrived;
unbroken car on track.
North Carolina-29 crates eggplant;
65 bushel baskets lettuce; IA busheI
baskets parsley; 80 crates peppers; Al
bushel hampers green beans.
Pennsylvania-136 3-pound baskets
Maryland-425 s-pound baskets mush-
rooms.
Mixed Vegetables-6s crates unknown
origin.
CHICAGO
CHICAGO, Feb. 6 O.N.s).-Butter-
6,4OS tubs; steady; old, /: new s.;
extras. 35hc: standards, s6Ac; extra
firsts, S4% a 35c; firsts, 34134lac: sec
onds, 33@SSac; specials, SS@3Shc.
Egss-3,425 cases; firm; old cars,
none; current, 29c: fresh extra firsts
less than cars, soc; cars, 31hc; fresh
llrStS, less than cars, 30; cars, 81 n !;
dirties, 27; heks, 26.
Cheese-Twins, 17@17hc; Single Dali
sizes, 17h @1sc: Longhorns, prints and
young Americas, 171a @1Sc.
Live Poultry-Turkeys, 21c; toms, IA
@l9c; hens. II o. lie: broilers, 22@231hc;
springs, 10000; roosters, lac; duks
IL 21c: geese. 12@17c.
,Potatoes-42 cars: on track 327: U. s.
snipm entS 671: Wisconsin. round whites,
72h VS0c; Idaho Russets, $1.45@1.55.
PITTSBURGH
PITTSBURGH, Feb. 6 U.N.SO.-(An
poultry, butter and eggs are wholesale
prices to dealers. Supplies limited).
Poultry-Unchanged. Smooth legged
springers, 5000: colored hens, 5000:
leghorn hens 1905: broilers 2362S;
stags. 1905: leghorn stays. 1908;
young turkey hens g lb. and over), 1870
20; old turkey hens. II; roosteps, 900;
ducks 1491S; geese. 15@16; young
toms az h. and over)' 1S@2S: old one,
Butter-steady. Butter: Steady. 90
score, S6&; SO score, S5%; sS score,
34A: standard. 36h.
Eggs-Strong. Nearby current re-
ceipts 28@29; fresh extra firsts, 30931:
hennery white eggs, 33@35.
Tomatoes-Steady. Mexican, 6x7 pack,
$3.5O@3.75.
Cabbage-steady to strong. New York,
Danish type, bushel baskets, 60QS5;
5O-lb. sacks, 50@75. Texas round and
flat type Western lettuce crates, $500
2.65; half crates. $135@1.75 South Caro-
lima, Savoy type, 112-bushel hampers,
$3.50.
The Washington times., 1935-02-06
DIVIDEND ANNOUNCEMENTS

and ],
reduced o "a share
maid
The Washington times., 1935-02-06

CANADA
Montreal funds In New York SOC dis.
kOunt on 81 ,O0Os
The Bismarck tribune., 1935-03-23

tached, not only to the top Of the
frame, Is has been customary In the
past, but also bLlted sideways through
the frame which conforms to the
longitudinal lines Of the body. Floors
have been lowered 81 inches, so that
passengers ride with their legs ex-
tending straight downward instead
Of being stretched forward.
One great advance is seen in the
Introduction Of q new type Of semi
elliptic, multi-leaf tapered springs on
all Airflow and Airstream models. In
contrast to ordinary types, more and
thinner leaves Gre used. With thinned.
out ends, the leaves Of the new
Chrysler springs tend to conform to
each other. providing bearing sur
faces several inches in length be-
tween oil leaves, like miniature sled
runners. This construction not only
insures greater flexibility and q
smoother. easier lift" when the
springs are depressed. but the larger
bearing-areas retain lubricant to
The Bismarck tribune., 1935-03-23

omy Of operation to any previous
Chryslers Of approximate price and
size.
weight distribution has been
changed considerably from that Of
the ordinary car. The engine and the
seats have been moved forward ap-
proximately six inches which moves
forward the center Of mass and
equalizes the weight on the front and
rear wheels.
Have Paragraph Springing
Both Of the Airstream cars have
the pantagraph type individual front
wheel springing which proved 50
successful during 1894 on the Chrysler
Six. Bodies In the Airstream line
naturally are Of all-steel construction
as Chrysler has been committed to
this type for yearA
A notable achievement and one
that enhances beauty and safety as
well Is rigidity Is the manner In
which the body Is mounted on the
frame Of the car. The body Is at
The Bismarck tribune., 1935-03-23
Grandin, Grand Prairie
Seek Prep Cage Title

Devils Lake, N. D., March 2s.-(R
Prairie, . brilliant offensive
team and tournament ''dark-horss"
remained In the path Of the big Qrs;..
din quint, seeking their second sue
cessive state consolidated high school
basketball title In the tournament
here Saturday.
Grandin eliminated Goodrich BY %
to Is In the first sem. final battle.
coasting after assuming q l7-7 lead
in the first half.
The Grand Prairie club. using I tight
zone defense. held Van Hook to three
free throws in the first half. wealth.
cred brilliant rally by the Noun.
trail county boys to win by 20 to 10.
The consolation round Saturday AT.
ernoon sends Fort Yates against Han.
nah.
The Bismarck tribune., 1935-03-23

chanical design that results In easier
control Is seen In the development Of
the new syncro-silent Transmission,
standard on ali Airflow and AIR
stream models. Briefly, synchront1a-
ton is now accomplished with the
most simplified, positive.acting sys-
tenn ever designed. Further, to assure
absolutely quiet operation, helical
gears are used In Ill speeds including
reverse.
Three important ends are served BY
the new Chrysler air-cooled clutch.
An improved clutch operating me.
chanism reduces ordinary pedal pres
sure BY as much Is 80 per cent. The
second advantage points toward long
Fer life for the clutch facing. Lacking
means Of continuous escape, the ter.
rifle frictional heat generated and
sealed within q conventional enclosed
clutch housing hastens wear Of the
facing material. But in the new
Chrysler clutch housing screened
vents are provided which permit this
heat to escape into the open air. A
series Of flat ribs, or fans" are cast
IS q part Of the main pressure plate.
At normal driving speed, these fans"
force Z steady flow Of cool air
through the housing and mechanism
at . rate as nigh as 600 cubic feet
per minute.
The third advantage Of the new
clutch Is that through ventilation, no
vacuum can exist inside the housing,
thus, oil and grease from the engine
crankcase and transmission enclosure
cannot be sucked into the housing to
impair clutch action.
Chrysler has introduced 4 vacuum
spark control that will aid In more
economical and satisfactory opera
tion. It permits . great increase in
spark advance when the car Is driven
under partial throttle or. in other
words, when 1t is being driven under
normal conditions. The result Of
this advance k q substantial in
crease in fuel economy.
Cars in the new Airflow Eight and
Alrstream lines also are provided with
q new air.cooled generator-making
possible increased current output to
care for the requirements Of the many
new electrical accessories now avail.
able to automobile drivers.
Stdesway has been removed BY
Chrysler engineers. A sway -eliminator
IS mounted at the front end Of the
Airflow car between the springs.
The new Airstream Eight intro
duces another advanced feature Of
motor Car design, the Hypoid rear
The Bismarck tribune., 1935-03-23
WOOL SUGGESTED
FOR FIRST Dress
Correct Accessories Make Out
fit With Dash and vovvo
to Wear Many Places
~ MARIAN YouNo

(NEA 0oEv1C0 06011 VOG1ODpO00c0t)
New York-Let your first spring
dress be . lightweight wooaen that
you can wear under coat now, with
out any wrap later on, and for cool
week-ends In the country all summer.
Pick Z simple fabric that has q subtle
design, remembering that quality
materials are more important than
novelty ones this year.
You'll like gray flannels. worsteds
that look like flannel, the new jer.
seys that have . dressy look about
them, and, Of course. Knitted tweeds
and cool laces. Gray, navy blue.
black ana white. dusty pastels and
some grand shades OF beige are the
most outstanding colors. One partic-
ularly handsome tweed has q smooth
surface with wide hair-line check
like mems suiting.
II you decide on gray or navy blue.
by all means get . chamois yellow
felt hat and chamois gloves to wear
with it. For dark days in town, you'll
need darker accessories, Of course,
but for days when you want to look
full Of dash and verve, nothing Is
more satisfactory than touches Of
yellow.
Accessories Provide Originality
Don't be afraid to combine several
colors In one ensemble. Use Ascots.
gay boutonnieres and the regular ac-
cessories. particularly hats and gloves,
to get life and color in your outfits.
Try purple touches with . green
woolen dress, red. white and yellow
accents with = navy blue one and,
naturally, any number Of shades with
white or black and white. In other
words, choose q simple woolen and
depend on accessories for originality
and interest.
The Bismarck tribune., 1935-03-23
Reach Agreement on
Strengthening Army

Washington, March 23-(R-Agree-
ment on an immediate increase In the
authorized strength OF the standing
army by 20 per cent was reached Sat-
urday by senate and house conferees
on the $4O0, 100000 war department
appropriation bill.
The senate proposal which was ac-
cepted provided that the increase to
165000 men should begin at once,
with an expected annual cost Of $40
600 900 included in the bill.
The proposed increase, recommend
ed by the war department as neces-
sary to bring the army up to the
least allowable minimum" was the
major new provision Of the bill but
1t represented . gain in total sppro-
prtations Of more than Q70,O00, 900
above last years figure.
The Bismarck tribune., 1935-03-23

more advantage, making them practi-
cally squeak proof.
The new Airflow Chryslers steer
more easily. steadily and safely than
any previous car. This has been ef-
fected by changing bushings for
roller or ball bearings, using q new
drag link. lengthening the pitman
arm to give greater leverage and de-
creasing the pivot angle to I degrees.
The steering arm and drag link are
mounted parallel to the front axle
centered instead Of parallel to the
front side members. Thus the drag
link moves across the line Of travel
Of the car, hence ''cross steering. .
With this construction. forward or
backward movement Of tho wheels
does not affect the steering gear be-
cause there cannot be any direct
thrust on the drag link and the result
Il complete freedom from all road
shocks at the steering wheel.
Proud Of Transmission
Another instance Of improved me-