davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-08-31
COTTON LOWER
At CLOSING

NEW YORK, Aug. 81 G.N.SO.
Further selling depressed cotton
futures generally and the market
closed off about so cents hale.
Liquidation on the likelihood OF a
fairly sharp increase in the crop in
the September report and on
lower Liverpool cables was re-
sponsible for the decline. The
market was thin and support in
adequate to maintain prices in
the face of selling.
The South, the Government
pool, commission houses were sell
ing against buying by the trade,
the wire houses and Liverpool.
October closed at 1892, off 10;
December, 1898, off IL; January.
1898. off 9; March, 1914, off II;
May. 1o.49, off 8, and July, 1850,
off 9 points.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-08-31
Agricultural Products
Advance for August

Sharp upturns in hog and wheat
prices induced by further curtail'
ment of hog marketing and by
rust damage to the 1885 spring
wheat crop were responsible for
a four-point rise in the price level
for agriculture products. the De-
partment of Agriculture reports.
The index advanced from 1O2
to 1O6 during the month ended
August IS. !.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-08-31
Metal Markets

NEW YORK, Aug. 10 Scoop
per buying abroad today is in fair vol
ume with price equivalents to s.275 to
1926 cents pound C. /. +. European
base ports. This compares with yester-
days range of S.225 to SIS.
Domestic copper remains unchanged
at the Sh cent level. Producers stated
that inquiry yesterday was very light
and would continue to be over the holt
day.
Demand for lead IL exceedingly quiet
as result of the nearness of the holi-
day. Prices are unchanged at 40 cents
a pound New York and 40 East St.
Louis. Many consumers intimated that
they would issue inquiries for the metal
Tuesday.
The zinc market Is quiet today with
the price unchanged at $50 cents q
pound, East st. Louis.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-08-31
Money Markets

NEW YORK. Aug. 13 GN.sO.-Cau
money was renewed at a per cent on
the big board today and was renewed at
the same rate outside and was at
per cent on the curb.
Time rates were unchanged to 4 per
cent for maturities up to 30 days and
was at a per cent for to months.
Commercial paper was fairly active
with the rates unchanged at y to per
cent.
Bankers acceptance rates were nomi-
nal and unchanged at u to 2-1S per
cent for 80, 60 and 90 days: 3-1S to \
per cent for 100 days, and 5-16 to y
per cent for $50 and ] so days.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-08-31

day and shook
the list out a
trading 1ut.
Demand for
power and light
shares center.
ing on public
service, North
A m e r ! C a n ,
A m e r 1 c a n
Water Works,
a nd U nj t e d
Corp. became
apparent short
ly before the
close and was
attribut e d to
wideSnread re.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-08-31
Strike at LYnChburg
Remains UnbrOken

LYNCHBURG, Va, Aug. 81
(SpeciaD ALI but IL OF ITS EN-,
ployes of the S. and K. Pants Co.
were still on strike here to.
day after the deadline for reem.
ployment set by company officials
had been passed. The Amalga.
mated Clothing Workers of Amer.
lea called the walkout after falling
to get promises of increased wages.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-08-31
Universal Doubles Payments

NEW YORK, Aug. 81 G.N.S).
Universal Products Corporation
declared a dividend of 40 cents,
payable September 80 to record
September 20. as contrasted with
payments of 20 cents in the three
previous quarters and 40 cents a
year ago.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-08-31
Cotton Goods

NEW YORK. Aug. 10 SD.-Start-
SnR the week with an only moderate in
cres Sc in sales volume the cotton goods
market quickly became more active and
at the close showed the best sales vol
ume of the year despite the fact that
several price advances were made dur
ing the period. 1t is estimated that
over 10000. 900 pieces Of print cloths
were sold. On the last day, Friday, VOL
ume was somewhat lower as conse-
auence of the later price increases which
were made that morning.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-08-31
Credit Dividend Raised

NEW YORK, Aug. 81 Q.N.SO.
Commercial Credit Corporation
has increased the annual dividend
basis from 81 to $3.50 with a
declaration of 81 cents on the
common stock, payable September
80 to stock of record Septem-
Der 10,
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-08-31
UTILITY UPTURN
TAKESMARKET
OUT OF RUT
BY LESLIE GOULD

NEW YORK, Aug. 81 O.N.SO.
"A burst Of vigor in the utilities
strengthened the stock market to-
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-08-31
Lewis Haney Back
After Labor DaY

Lewis Haney, professor Of
economies at New York Uni
versity and cOlumniSt for
The Washington Times, will
return to his daily column
after Labor Day.
Watch for his articles con-
corning the economic queS-
tiOns of the day.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-08-31
Volume Today
400, 900 Shares

-ISas- Name and Net
Low Dividend High Low Close Oh &c
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-08-31
Net

stock and cash tdI Extra stock
AtionA (gl por cent In stock. (m) Special
1881 trl Paid this year twwl With warrantA vita
wArranta ~ Ex dividend. 81 Elk rghtG
Dividend in dollars parsnthesOG (NotS) Extra
dividends published through regular dividend period.
Years high 0nd low carried ~ CLOSE
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-08-31

Montreal funds In New York &5.In
discount.
Evening star., 1935-05-28
sALE-AUTOMOBILES.

FORD 1889 VS. Fordor; beautiful lni.h,
NLYz1D. NOLAN, Conn. ave. and Abe
FORD 1880 coupe: Iustro1s ereen fnish
NOLAN. 18th and a sts: NV:
FORD 1881 de luxe sport r0adster. rumble
ssei sseries. 1ss s1ss. on oslP Pse.sar 2Y21 syss
FORD 1885 de luxe Tudor; prsctiesaliy! pctssas!
yss traded on new trunk job will sell Lat. At
sout6%est 30 hsestnt capitoi f Motors. s4f water
SpS6 aF;[.:E TSss, PI:S S:S
ssD sssa'f goa e.d nsso
AND nns t5sSs psSa. sSssh S1I5ss sela e Sols l4'n ST.
FORD VS. 1888 Tudor sedan. Looks like
nns mof only c ss5 conD avs snd oppo sss
site Bureau Of Standards.
FORD 1891. cabriolet No. $3.50; excellent
condition throughout saie price; S1t: Sist:
81 Sfws no 0h NoLA S.is1 iii
Eighteenth St NV.
FORD 1898 VS. de ,,is1 luxe FoTdor sedan
car car price f NOLAN, iii Ei9hteenth St. n.w:
FORD v-s 1884 Fordor sedan. Brand,
new paint Job. very GOOD tires: LoWest
prse pns ST II iqTn month1 At s4l7 a ao1
ave- opposite Bureau of Standards:
FORD 1884 VS. Fordor sedan; ney SoIt paint. mt
500 for t5ss smoobef Only
Sly down and SCI IL monthly. NOLAN
22nd and NJ sts. NV.
FORD 1884 VS. Fordor sedan; bIand-n new
Of the best buys we've ever seen. The price
= month. moi II NOLAN iii Eighteenth s.: NV.
roRD ,d4 ss ihe es
Motors. 5000 Ga ave. Shepherd 1644.
FORD 1884 VS. convertible cabriolet with
dove SoVs sras sras-Ts nshi e NofeAN @ from
bumper to bumper: only mo months tMse ola; S15
down: So monthly MoaASS .AS super super
aves Phone Emerson 1874.
FORD 1882 VS. Tudor sedan: splendid
motor. fne rubber; clean an, interior; ssady ssnty
FORD 1894 coupe; new blue pclychro-
matte opalescent finish. spotless velour in
terror: M motor sound and quiet & excellent
eass our
Triangle Ford Dealers 4th and Fla. ave
ne. Phone Lincoln 9329.
FORD 1890 roadstersEchoice Of two:
Throughout Si4s. Guaranteed, Lossn,
Ford Dealers. $500 14th st. NV. and 1419
Irving ST. NV. Columbia 10306.
FORD 1881 roadster-New top, mechan-
icslly excellent, good rubber; rumble seat.
SIs55 ,;S GpSaranteed a: Logan Ford rL Dealer.
NV nv Phone coiumbia Iosos. ' '''
FORD 1892 VS. Tudor; in excellent shape:
6e. Efiee MI Saunders 1349 Park rd NV.
| FORD 1880 cabriolet-Attractively refin-
| ished; rumble seat; excellent tires and top;
mechanically AL. ,sl75. Guaranteed.
| and 1919 Irving St NV. Columbia 10306.
Of colors; mechanically reconditioned,
clean and with good tires. ,s195 up.
| Guaranteed Logan. Ford Dealers, $3.50
| 14th St NV. and 1419 Irving st. NV.
Phone Columbia 10306.
FORD 1884 convertible coupe; orisinal
finish like new; excellent motor; clean in
| i13s Conn ave Phone District 1918
Without isse seratch driven less aH than 1ooSo
motor perfect: S435. Pohanka Service.
1926 Goth st. NV. Phone District 9141.
FORD 193, VS. roadster; excellent top.
| fine motor and tires. very clean through
| out. Will give thousands Of miles OF re-
liable transportation for only S225. Emer.
son & Orme, 7th and NJ SITS. NV.
FORD 1890 Tudor: new blue Duco finish,
| seat covers, tires very good, motor perfect.
| of satisfactory service; Sl5O: easy terms.
Pohanka Service. 1126 goth st. NV.
| Phone District 9141.
Evening star., 1935-05-28
sALE-AuToMoRuES.

r.. S agsl :5Sa ss. ssa.a aiS e. as
Es. motor s4s Y simply U csnnS e.
ss oS Sen@9ss @ .ns ssnd % cs0 s $685. $685.
owner own G'aeon' q North 97s4.J evenings. o0 0
lSs5 as edass lass ssssssR ssssR: fass 1874 1893 3
sport eoSpe W lair xhSsis. Sss5; 1883 Ply:
Wheels. sfbS; 1882 PLYMOUTH business
soaDs ssms saS sss sss sgss
=: q. coach, ssaS;s 1882 Ilymouth P. 4:
Sv. .S:fsss condition saa
appearance. good rubber, clean interiors
See them todsy; new-car finance terms.
Simmons. 1888 18th st. Decatur 5l73:
PLYMOUTH 1895 de luxe sedan; used 9
ans EASY t sen q cs R.de iii
PLYMOUTH 1880 sedan-NeW tan nnish,
excellent motor and tires. very clean xl snd
issHs Bsssi. ssss $3.50 Hssr.st'ss fsss Issa s
PLYMOUTH 1882 p. B. sedan; in excellent
condition throughout; black finish, red
wire wheels, tires perfect. Ipholste;T1y t;s1
Ss1 .sss as shsy' ..sy na "s eoT
s Iiss 10th st. NV. Phone District 914l:
PLYMOUTH coupe 1884 PE De luxe model:
runs perfectly. exceptionally nne appeaI-
s. Gs s:d; ss.s ILL., ' :5is ssf g
PONTIAC 1885 2-dopr sedan; beautiful
finish IN steel gray: actual mileage. 5000;
radio equipped. Your opportunity TO own
Q practically new car at substansnai, IA
saving: new-car terms Simmons, 1888
only say this car has been driven just .
little over breakins-in mileage. Spectscu.
larly priced at S597. Low down payment
and terms NOLAN. I'LL 18th NV.
PONTIAC 1888 coupe original hnish like
new: coed rubber and clean INTERIOR: mo-
tor in best Of condition. Emerson Orme.
18th and M sts. NV.
PONTIAC 1888 coupe; original two-tone
tan finish like new. upholstery sp9tless and
your most careful Inspection. 1896. Po-
hanka Service. 1925 goth st. NV. Phone
District OH.
Evening star., 1935-05-28
sAIE-AuTOMoBILES.

FoRD q luxe Tudor; lssS; S driven i've q Snly
Feet feSs'efsa Of Course and is 50 guaranteed
!ss'i sSs 4h :' g. n 's shsss Moth
GRAHAM 1881 custom "s" sedan; owned
clan; I black finish. 8 black wire wheels:
ya1 nss. spsssss: pss ..ss sns tars
PSsssFs PSsss b,,tS's3 SsTTsi Sal ils' Goth " nv"
HUDSON sedan ds Luxe lsSS bsst m.Ss ts &:
e sy ssol ns saa 4 IN
stemeay st. nW iGH Phone oa,eiN NorsS sS4a. a -Olo
HUPMoBILE 1929 4-pass coupe--8-wheel
equipment; clean nniah and interior: ne
fSssn tH,sH 1855 $3.50
paint. SPLENDID motor. Very clean car
Sssss;ssa1 ss
tiful car with. fleetwood body. custom
Msis eE Il 10y Sr,se .sf &
4 rssst s.ssas ssss isss sas
La SALE 1929 sedan: deep maroon nm
perfect, 70 Tie man Who appreciates this
Is 1ias e sdh
NV. Phone District e141.
LINCOLN sedan. de luxe 7-pass.. 1888.
eansta asT has been very ts used ss its
sRte etdds sds %a 9a ss
Terms and trade Norris Inc. 2O1s I4th
st. NV. Phone North 3949.
LINCOLN 1923 Limousine: Attention. hack
Res Ma3oy, soy os s s sSsD
MARMoN 1928 sedan; only $S9; . real
fiai sist st. NV. Phone District oi10.
NASH 1882 de luxe sedan; paint: motor.
age; priced below the average at 1896.
Emerson L Orme. 18th and NJ sts NV.
OAKLAND de luxe little 8 Silver Arrow
sport roadster: rumble seat, . wheels
trunk II since iss ss Ss
New tires: 3161 18th st. NV.
OAKLAND 1880 rs" sedan; 6-wire-wheel
equipment hne paint and tires; clean car
sa only ave- sl2g shone Lee DISTRICT s'si sais ne
oLDsMoBnE 1888 80" touring coupe;
over 9.100 miles: spotless condition
month. Phone Wisconsin 1916. 6621
oLDsMoRILE 1880 sedsn; orieinal fac:
tory finish perfect. upholstery shows no
wear tires very good motor quiet; very
satisfactory sste As Service; Sis; PohsnEa serv.
ice 1925 Goth st. NV. District 9141.
OLDSMOBILE 1881 sedan: excellent paint.
good rubber and fine motor. clean interior
Splendid family car for 1895. Emerson
Orme. 18th and M sts. NV.
OLDSMOBILE 1881 sport coupe: finished
in black tumble seat seat go9d
last long at S265: easy terms. Pohanks
Service. 1126 Goth St NV. District 9141
OLDSMOBILE 1881 6-wheel sedan; motor
completely overhauled. appearance excel.
| lent; drive out to 6621 Wisconsin ave. and
OLDSMOBILE 1929 sport roadster; new
maroon Duco finish. new top. good tires:
runs fpe A bargain at s125,, easy terms
Phone District 9l4l.
PACKARD. 1880 convertible coupe; oriei-
| nal black factory finish, wire-wheel equip
JACK PRY. INC. 1872 I4th st. NV.
PACKARD 1881 sedan: hish-grade car
| that's in hne mechanical condition and
| appearance good rubber AND well worth
PACKARD 1882 model 903 custom sedan,
wire wheels custom white side wall
tires Philco radio; motor and general ap-
pearance excellent: cost new over 81 900
Your opportunity to own and drive this
fine car for only Ss85. Norris. Inc. 20le
14th Phone North 3949
PIERcE-ARRoW 1896. 7-pass. sedan. Try
eanno9 sna asen &c DONE ps5
Capitol Cadillac Co. 1922 22nd st. NV.
Phone National $500.
Evening star., 1935-05-28
sALE-AuToMoBILEs.

PCNTIAO. 1929 sedan; beautiful hnish.
motor quiet and powerful fne tires.
Priced extremely low ct $l26: easy terms.
Ovens Motor Co. 1928 Go. ave.
RoNTIAc de s nn0 lyxs Royai sedan: be.vtiiIlII. .lI
sI4b; terms. S45 cash. 3l6l 18th 81. NV:
PONTIAC 1888 coaeh: splendid condition,
mileage under 5000; sale By owner. Call
Cecil Hushes, Columbia 10032; night
SrUDEBAKER 1888 Commander So.
coupe; steel body. free wheeltng. beautiful
tw0-tone finish. spotless Interior. excellent
cann sse ssee phoSs bs.rss b nesliis iis,n llSs
sTUpEHAKER 1881 Dictator. sedan: car
car in such perfect condition Tor 90 LITTLE; !;
$37 down and 12 monthly paynnents Of
$20. .70;, no co-sieners. nolan. I'LL
EoE.: Tans .Rd 1871 ieoE. ns fa pris. onf;
SO; Lee 2; Butler. Inc, 1121 2lst NV.
gTTDE1AKER 1881 Commander "s''
ResA sedan; tyo-tone fnish almost Ike
mechanically viii pass any inspection. K
real value at only S296: easy terms. Po-
hsnka Service. 1928 goth st. NV. Phone
sTuDEBAKER 1884 President Reeai se;;
den; m1deEn streaTiine BODY. Six M stes!
uphoisters. power brakes. al sStcmsfic
features: motor In best Of mechanical con-
dttion; z car you will be proud TO own and
drive; $s49 Lee 2; Butler Inc. 1l3s
sTTDaEBaKER s1T ., "a "a 1880 Dictator e" sedan;
running condition and looks weli. Lee b
Butler: Inc. ! 113s Conn. ave. District l2Is.
Evening star., 1935-05-28
AUTO PARTS.
GLASS. S100.

Parts for all makes Of cars sold at hall
price. It will nay you to drive minutes
from District at Peace Cross Bladensburg.
Nd. Phone Hyattsville 602.
Evening star., 1935-05-28

CHEVROLET 1888 sedan. 1926; only s35
down, no signers. This car is in perfect
condition throushout. Must be seen to
81 NV Phone North a232.
Evening star., 1935-05-28

cannot equal the value we offer in this
car; Very sood pain, int. clean uPhois5eTs s,,sr.
sntee' Omen evenings and Sundays. Capi-
tol Cadillac Co. 1922 22nd st. NV. Phone
National 2300
Evening star., 1935-05-28

CHEVROLET 1888 coach: motor Al. beau
tiful finish clean interior hne tires.
This car must be seen to be appreciated
Honestly Priced at S;}a5. and 1t is worth
the money; liberal terms owens Motor
Co 6323 Ga ave
Evening star., 1935-05-28

CHEVROLET 1882 2-door sedan; very well
kept by Congressional Library employe.
2aJQ Conn Cleveland 3S3S
Evening star., 1935-05-28

these cars from which you can make your
selection. Ali are in fine condition. clean
inside and out. and ready to give you y sx.
cellent service Honestly Priced at $50;
easy terms Owens Motor Co. 6323 Ga ave
CHEVROLET late 1882. sedan; privats
owner: $4,000 actual mileage. $50 llth
ST NV,
Evening star., 1935-05-28

CHEVROLET 1881 cabriolet; very popular
body style; priced low. S245; terms Wsish
Motor c.. 5000 Ga. ave. Shepherd 1o44:
CHEVROLET 1888 de luxe four-door, Sc.
dan with six wire wheels. in excellent
shape throughout; very low down pay
ment. Also 1888 Chevrolet two,dooI sc; Sc;
dan at q rock-bottom price. NOLAN
Nehra ska aves Phone Emerson SG94.
Evening star., 1935-05-28

CHEVROLET 1884 sedan. S465 slightly
used. in the pink Of condition throughout.
A real buy for the most critical buyer;
easy terms Century Motors. 1905 14th
n w Phone North 9232
Evening star., 1935-05-28

CHRYSLER imperial de luxe sedan. 1888
This is truly a fine car; new-car appear
ance throughout mechanically perfect and
priced way below the market at S595 o9;
ST NV Phone North 3949.
Evening star., 1935-05-28

CERYSLER 1888 6 sedan. This car has
been used , months; big saving on this
practically new car; long and easy terms
Call hillside 0097.
Evening star., 1935-05-28

CHEVROLET 1929 sedan; new finish. quiet
motor. excellent tires Honestly Priced at
500 and it is easily worth the money;
easy terms Owens Motor Co. 1923 Ga. ave.
Evening star., 1935-05-28

CHEVROLET 1882 sport coupe; rumble
seat, beautiful new finish. 5 6ne tires. mo-
500: small down payment. easy monthly
payments Owens Motor Co. 1923 Ga. ave.
Evening star., 1935-05-28

finish, good tires. NOL-AN-ALYZED motor:
Only S11 down. NOLAN. 22nd and M
Evening star., 1935-05-28

PACKARD 1882 model 9O3 custom sedan.
wire wheels. custom white side wall
tires. Philco radio: motor and general n ap-
Your opportunity to own and drive this
fine car for only Sss5. Norris. Inc. 20ls
14th. Phone North 3949.
PIERCE-ARROW 1890 7-pass. sedan. Try
and match our price for this fne car: 1t
Capitol Cadillac Co.. 1922 22nd st. NV.
Phone National $500.
Evening star., 1935-05-28

CHEVROLET coupe. 1884 master. An
less inside and out It's really foolish to
buy a new car when you can buy this one.
Norris. Inc 201S 14th st. NV. Pnone
North 3949.
Evening star., 1935-05-28

PONTIAC 1888 coupe; original two-tone
shows no wear, motor perfect. We invite
your most careful inspection. 1896: 20.
hanka Service. 1925 goth st. NV. Phone
District qI4I
Evening star., 1935-05-28

CHEVROLET 1924 master coach: a real
fine car at real low price; S445. Phone
O6@6
Evening star., 1935-05-28

aliy well taken care of by Dept. of Agri-
culture official 3419 Conn. Cleve. 3s3S.
CHEVROLET late 1881 convertible coupe:
new top all new tires. perfect condltlon.
Real bargain S225; terms. Clev. 6S23.
Evening star., 1935-05-28

CHEVROI EFT 1882 coach II you want a
reliable car at an economical price. We rec
ommend this one Dandy motor. clean in;
side and out. fine tires. Honestly PRICED
at $500; easy terms. Owens Motor Co..
6323 Georgia ave.
Evening star., 1935-05-28

sport roadster; new
new top. good tires:
] at S125, easy terms.
1925 goth st. NV.
Evening star., 1935-05-28

DE SOTO 1888 2-door sedan; fine motor,
good rubber clean interior: splendid. eco
nomical family car that is real value
pbone District 1918
Evening star., 1935-05-28

Ssh sso aeSost.fg eSon Hypa sbov. fac,
wear. tires very good. motor quiet; very
attractive and good for many miles Of
satisfactory service; Sl15; Pohanka Serv-
ice I1oR Goth st NV District ql41
Evening star., 1935-05-28

PONTIAC 1888 coupe: original finish like
new; good rubber and clean interior: mo-
tor in best Of condition. Emerson 4 Orme.
I1fh and NJ -
Evening star., 1935-05-28

OAKLAND 1880 "S'' sedan; 6-wire-wheel
equipment fine paint and tires; clean car
for only S159. Lee D. Butler. Inc. 1l3S
Conn ave Phone District 1918.
Evening star., 1935-05-28

FORD 1884 VS. Fordor sedan; brand new
| paint lob, very good tires, NOLAN
\ ALYZED motor. This is unquestionably one
Of the best buys we've ever seen seen IT The sI prize
| n month. NOLAN I'LL Eighteenth st. NV.
Evening star., 1935-05-28

FORD 1880 cabriolet-Attractively refin-
mechanically AL. .Sl75. Guaranteed.
Logan Ford Dealers. $500 14th st. NV.
| and 1419 Irving st. NV. Columbia 10306.
FORD 1881 coupes and Tudors. Selection
| of colors; mechanically reconditioned.
| clean and with good tires. S195 up.
| Guaranteed. Logan, Ford Dealers, $3.50
| 14th St NV. and 1419 Irving st. NV.
| Phone Columbia l0306
The Washington times., 1935-12-20
Volume This Year
36S,slO,199 Shares

Net
High Low 12:15 Ch'gs
The Washington times., 1935-12-20
GOULD GIVEN
BROKER POST

Ezra Gould. for many years one
of the best-known bankers in
washington. has Joined the local
staff of Hartman and Keech.
members of the New York Stock
Exchange. according to announce
ment yesterday by the firms resi-
dent partners, George A. Garrett
and Major Ferry K. Heath.
The Washington Mechanics Saw
ings Bank was founded by Mr..
Gould and he was for many years
it's president. He disposed OF his
interest in the bank in 1884. Born
in Washington, he organized the
Washington Mechanics Savings
Bank in 1906 and the institution
expanded steadily under his di.
rection until its main office and
branches covered every section OF
the city. 1t was one of the banks
that resumed 100 per cent follow
ing the bank holiday of 1888. The
Washington Mechanics, in combl.
nation with the Franklin National
and the Mount Vernon Savings
Bank, were later merged into the
present CITY Bank.
Mr.. Gould also organized the
Dupont Bank. which later merged
with the Merchants Bank and
Trust Company.
The Washington times., 1935-12-20
RESERVES
CUT DOWN

Excess reserves held by mem.
Der banks had dropped 900 mil
lion dollars in the past week as
the result of Government borrow.
ing which sent the Government
public debt to $30,555 900, 900, the
Federal Reserve Bank reported
yesterday.
Absorption by the banks Of
new Government securities needed
to finance the Roosevelt spending
program reduced excess reserve
from $3,31O,O0O,0 900 to $2,71O,0o0,-
900
This reduction followed the de-
cision Wednesday of the Reserve
Board and the Open Market COM
mittee to delay indefinitely any
action on the surplus funds held
by the member banks.
The excess reserves which had
reached the all-time high was a
source of worry for the Reserve
Bank System because of its poten'
tial credit initiation propensities.
The Reserve Board also re-
ported the monetary gold stock
had climbed to a new all-time
high record of S10,098, 100000, an
increase of $1,9O0.OO0,O00 over a
year ago and up 80 million over
a week ago. The board attributed
the increase in the gold stock to
the disturbed political conditions
in Europe.
The Washington times., 1935-12-20
STOCKS BETTER
BUT SOME ARE
STILLWEAK
BY LESLIE GOULD

NEW YORK. Dec. 20 GN.S).
The stock market strengthened
today after yesterdays late reac-
tion.
There were still a number Of
weak spots, however. Allied Chem.
ical fell around 4 points and
Jones and Laughlin preferred as
much. Schenley gave ground cas-
lily in the liquors. Merchandising
shares were under pressure, with
r. H. Macy off nearly a point,
despite the cheerful weekend re-
ports Of retail trade.
Metals, AviatiOns Best
The strongest groups we're the
metals and aviationS, with few
individual issues like Canada Dry
and United Drug at new highs.
U. S. Smelling rose around two
points and Cerro De Pasco added
to yesterdays recovery.
Coppers we're in better demand
with gains running to over a
point. Homestake jumped 5
points more in the gold section.
Strengthening tendencies were
apparent in the rails and steels
but gains we're small. Utilities
also were steadier though dealings
were quiet
Less Nervousness Noted
There was somewhat less ner.
vousness over the European poll
tical situation, reflected in a bet.
ter tone in the gold currencies.
Swift and Continental Oil were
the strong spots in their respective
groups, hitting new highs.
Bonds were strong. Cotton i'm.
proved after its recent hesitation.