davidaulloa/AmericanStories huggingface dataset:
Evening star., 1935-12-31
FEDERAL SPENDING
CLOUDS OUTLOOK
Doubt as to How Long Effects
Will Last After Suspension
Expressed by Editor.
RY STEPHEN RFIL

New Commerce and Finance and Investors
Service.
The business outlook at present
seems improving The lavish spend
ingS of this administration, doubtless,
have contributed to the upturn, but
for this very reason they have created
doubt as to how long their stimulating
influence will last after the Spendings
cease. as they must.
I have witnessed four of the major
worldwide depreSSions which punish
the nations every 20 years or so for
their economic sinS-1873, 1893. 1921
and 1929. The war interrupted and
warped their periodicity-that is all.
When they reach their depth, when
all speculative values have been
squeezed out Of investments and it
seems hard to sell even postage
stamp, the stage is set for a gradual
business recovery-very gradual, in
deed, at times. When recovery has
gone far enough to encourage the
speculative urge again the wiseacres
acknowledge that prosperity is again
under way. 1t proceeds with growing
momentum until it again overreaches
itself and precipitates another slump
and the weary round begins again.
Evening star., 1935-12-31
CARRIERS REPORT
BIG RISE IN NETS
November Income of First
rs Is 56.4 Per Cent
Above 1884 Mark.
BY the Associated Press.

BY the Associated Press.
NEW YORK, December 3l.-Net
operating income of the first rs rail-
roads reporting for November was
56.4 per cent higher than the same
month a year ago. The total was
$53,27l,743 against S34,o55,4S4.
Gross income for the same period
advanced 1914 per cent; from $751;
626,089 to s294,021, ,l99.
The quickening tempo Of industrial
activity this year is evident in the
IL months net operating income re-
ported by these roads. The most
substantial gains are noted for the
so-called industrial carriers, such as
New Haven, New York Central, Penn
sylvania, Wheeling and Lake Erie,
Great Northern.
In contrast, the agricultural roads
as a group showed the largest losses
In net operating income
For II months. however, a 81 per
cent increase in net operating in
come resulted from 4.3 per cent rise
in gross earnings. Net operating in
come totaled 437.1l0,815 this year,
against 25,765,950. Gross income
was s3,068, ,654.5l8 compared with ST.
942,3l5,056 in 1884.
Evening star., 1935-12-31
CARRIERS SHOW FAITH
BY EQUIPMENT ORDERS

Carloadings in the last half OF the
present year have shown decided up
turn. Patrick H. Joyce, trustee OF the
Chicago Great Western Railroad,
points out.
This improvement promises to con-
tinue and to increase as we progress
into the ensuing year.
The faith of the railroads in the
future is given substantial proof by the
orders they are now placing for steel.
equipment and other materials to be
used in improving their properties and
service.
Without attempting to elaborate
upon these indications. we look for
ward with much hope and confidence
to the year 1886"
Evening star., 1935-12-31
LUMBER OUTPUT
CONTINUES CLIMB
1886 Rise Expected to
Bring Total to IS Per Cent
of Normal Level.
RY WILSON COMPTON.


Association.
Rallying from the bottom of the
valley OF business depression in 1882,
in which year it produced only TO-
900 900 ,OeO feet of lumber. the lumber
industry has recovered in 1885 to H.
500 ,00O,0 900 feet.
This figure compares with 15.500.-
600 900 feet in 1884, $4,000 900 900
feet i'll 1888. and normal production
of 100000 GOO, which it enjoyed in
1929.
OF value. as foreshadowing the future,
it is notable that in the last quarter
of 1885 softwood lumber production
was approximately 40 per cent greater
than in the last quarter of 1884. And
that consumption in the last half was
approximately 20 per cent higher than
in corresponding period Of 1884.
Home Activity Helps.
Residence building. which is the
largest factor in lumber consumption.
was in the last half of 1885 about
two and one-half times as great as
in 1884, and there is every indication
that 1886 will double this years fig
ures. In that event Cf industrial use
RECEIVERS likewise) the consumption of
lumber in 1885 should be around 25
billion or &c billion feet and the in
duStry would be back to the levels
of 1880.
Employment has increased from the
low point of 25 per cent to about so
per cent and the outlook is that it
will next year exceed Is per cent OF
the 1920-1930 average. Complete
restoration of normal activity in lum-
Der and timber products industries
will be helpful to general economic
recovery in some 80 States and mark
edly so in the 10 States in which the
lumber industry leads in employment
No other great industry suffered as
much contraction during the depres-
sion as lumber. whose output actually
fell to the level of 1869.
Notwithstanding the general quest
for production manufactured
house of other materials than lumber
it will undoubtedly supply during the
coming building boom (as in the past)
the structure of about 80 per cent OF
the residence building, and lumber is
even taking the lead in pre-fabrication
having actually erected for the c. c. c.
alone more than 1000 pre-fabricated
houses in which the number of units
for assembly on the site was reduced
from l ,l53 to 76.
Evening star., 1935-12-31

this year had remained in poor de-
mand. Early in 1885 the city's bank
stocks began to attract more attention
and during the past six months have
shown a surprising recovery.
Quotations have revealed steady
upward trend bids advancing as the
volume of business has grown. Regu-
lar and extra dividends have reflected
the improvement in the banking Situa-
ton so far as earnings are concerned.
Not only have the bank stocks listed
On the Washington Exchange shown
gratifying progress. but unlisted bank
issues have scored notable advances.
Almost every session around the close
of the year has witnessed active bid
ding for these shares.
Other Issues Strong.
Other issues on the Exchange have
also given an excellent account OF
themselves during 1885. The Wash
ington Exchange is an investment ex-
change, quotations on the leading in
vestment bonds and stocks having
been strong and steady. Many of the
bonds are even selling above the call
price. While that is a situation that
handicaps trading, 1t also shows how
unwilling investors are to part with
their holdings.
Volume of business on the Exchange
has been highly satisfactory during
the year. 1t would have been much
larger had investors been willing to
sell their stocks and bonds at prevail
ing prices. Members of the Exchange
have had many orders which could not
be filled because the stocks or bonds
wanted were not available, not even in
the face of moA favorable offers.
Yields around per cent on high-class
securities in these times are considered
well worth retaining, Mr. Booker said.
Early in the year the Washington
Exchange registered with the Securi-
ties and Exchange Commission and
has conformed to all the rules of that
organization since. This means that
the local securities mart is claSSed as
national exchange. 1t has the dis
tinction of being one of the first in the
whole country to file registration
papers.
Outlook Brightest Since 1929.
In taking a look at 1886 President
Booker expressed much enthusiasm
over the outlook for the Exchange.
Washington merchants have just COM
pleted one of the most prosperous
years they ever had. he said. There
is plenty of money available here for
all investment purposes.
With such a situation prevailing, in
terest in the leading issues on the
Exchange should expand in 1896. The
greater demand will naturally mean a
firm market. So the outlook is bright
better than at the beginning of 1895
or any other year since the financial
setback started in 1929.
Evening star., 1935-12-31
METALS IMPROVE
ON CURB MARKET
Lake Shore and NeWmont
Rise Point-Others Steady
to Firm.
Ry the Associated Press.

By the Associated Press.
NEW YORK. December 3l.-Fresh
buying in metal shares and steady
to firm appearance IN most other
groups were the principal features OF
Curb market trading late today.
Lake Shore Mines and Newmont
each gained full point and fractional
Improvement was shown by Wright
Hargreaves, Sunshine and Pioneer
Gold.
other shares holding forenoon gains
of small fractions to around point
included Aluminium Co, American Gas,
Creole Petroleum, Gulf Oil, Pan Amer
ican Airways and Pittsburgh Plate
Glass.
Evening star., 1935-12-31

development on
the Exchange this
year was the re-
vival of conf
dence, interest
and trading in
Washington bank
stocks.
After the Wall
Street crash and
the Nationwide
bank holiday con-
Siderably later,
in 1888 to be ex-
act, bank stocks
lost much of their
former populari-
ty. and up until
Evening star., 1935-12-31
FEWER REPAIRS NEEDED.

NEW YORK, December 81 P1.-
Glass / railroads on December had
269, ,984 freight cars in need Of repairs,
or Is per cent Of the number on line.
the Association of American Rail-
roads reported. On November the
number In need Of such repairs was
273,125.
Evening star., 1935-12-31
WESTERN RAIL TRAFFIC
SHOWS BIG INCREASE
By the Associated Press.

BY tne ASS0claIed PItSs.
NEW YORK, December 81
western rail traffic has shown a
materia' increase in volume in 1885
over 1894 states Carl r. Gray, presi-
dent of Union Pacific System.
This iE particularly true with re-
Spect to westbound manufactured
commodities and merchandise. indi-
eating stronger purchasing power. =
Railroad expenses are higher both
in wage, and in price OF materials, but
the last half of 1885 has indicated the
ability of the railroads to resolve a
create proportion of the increased
gross into net and this will be espe-
cially true as the volume of gross
increases
Evening star., 1935-12-31
RADIO INDUSTRY FACES
BIG GAIN, SAYS CR0SLEY

The outlook for 1886 is the brightest
in radio history, says Powell Crosley. 1r.,
president of the Crosley Radio Corp.
There is encouraging indication
that the economic cycle is again in the
ascendency, and that American busi-
ness still has its inherent ability to
cope with any kind Of conditions and
rise to new and greater heights.
There is also assurance that the
spirit and industry that made America
the greatest nation in the world are
as much alive as ever in the American
people"
Evening star., 1935-12-31
LABOR PROBLEMS STUDIED.

NEW YORK, December 81 (P).-"1n
viewing the prospects for 1885," says
the Standard Statistics Co., business
is somewhat apprehensive of the labor
and employment situation" 1t adds,
however, that the outlook is not suffi-
GENTLY threatening to offset the pros
poets for improved business volumes
in the coming year.
Evening star., 1935-12-31
nutInnk Rrightest Since l929.
RAIL BONDS DEPOSITED.

NEW YORK, December 81 (P).-A
total of 7646 per cent of the sl5,000,-
900 New York. Chicago & st. Louis
Railroads per cent notes, which
matured october l. has been deposited
under the company's plan to have the
bonds extended for three years. The
company has extended the time :or
deposit of notes to January 81, 1896.
Evening star., 1935-12-31
P.w. A. PROJECTS TO HELP.

NEW YORK, December 81 (Spe-
ciaD .-Bolstered by additional con-
tracts for public works projects and
by a seasonal revival in residential
awards as Spring approaches, total
construction activity over the next
several months is expected to COM
pare favorably with a year earlier.
Evening star., 1935-12-31
ADVERTISING INCREASES.

NEW YORK, December 81 (Spe-
ciaD Gains in national advertising
are being shown in radio broadcasting,
rather than magazine lineage. News
papers, however. depending more
heavily on local appeal. continue their
gains Of per cent to per cent.
Evening star., 1935-12-31
CURTAIN FIRMS BUSY.

NEW YORK, December 81 P).-
With advance orders for better
grade curtains showing gains of
around so per cent over year ago,
manufacturers report they have
enough business on hand to keep
them In full operation for q month
or more. f -=-~-
Evening star., 1935-12-31
AUTO PART FIRMS QUIET.

NEW YORK. December 81 (Spe-
ciaD Following an exceptionally ac-
tive fourth quarter, motor parts
manufacturers will probably curtail
output over the next month or so.
Evening star., 1935-12-31
BOOKER CITES 1885
BANK STOCK RISE
Outstanding Development
on D. C. Exchange During
Year, Official Says.

Y.E. Booker, president Of the Wash
ington Stock Exchange and head of
the investment house bearing his
name, said today that the outstanding
Evening star., 1935-12-31

Horn & Hardart Baking Co. COM
mon share earnings, year ended Sep
tember 80, were $6.37 VS.. $4.37.
Evening star., 1935-12-31
INVESTING COMPANIES

NEW YORK, December 81 LP.-New
YORK Security Dealers Association:
Moon quotations.
Evening star., 1935-12-31

Dividend rates in dollars based on last
quarterly or semi-annual payment. An
nuai rate-plus extra I Accumulated divi.
Companies reported In receivership Or
being reorgenized. ePayable IN stock.
SPins partial distribution Of assets. M
The Washington times., 1935-10-10
WIZARD
AT CHECKERS

Arrangements have been com.
pleted by the Hecht Company for
a checker exhibition by the mys-
terious RCA magic brain checker
player. He's called "Ajeeb"
(Hindu for mysterious) and the
way this magic brain" automatic
checker-player beats all comers is
downright unbelievable in any
language!
Nevertheless, wherever he holds
forth, folks come by the hundreds
to combat this more than a cen
tury.and ,a-half old robot.
Mechanically created in 1859.
he has an almost unbroken list Of
victories. from Napoleon at Elba
to the late Harry Houdini.
"Ajeeb" is six feet six inches
standing, and weighs, including
his RCA magic brain head, $50
pounds. He squats croSs-legged to
play his challengers. and don't
think for a minute you can cheat
him! He loves to have folks try
it. and it's uncanny how his
magic brain skill detects you.
When "Ajeeb" of the magic
brain comes to this city next Mon.
day. people will flock to see him
and take crack at the prize of
new RCA Victor magic brain for
win "a dollar prize If it's
draw!
The Washington times., 1935-10-10
B|GAMIST SUED
BY THIRD WIFE

UPPER MARLBORO, Md, Oct.
10.-Anna Istvan.Witt of Prince
Georges filed suit in the county
circuit court yesterday for annul'
ment of her marriage to John
Amos Witt. now serving a term in
the Maryland Penitentiary for
bigamy. He was convicted in
1888.
Mrs. Istvan-Witt was the third
wife of Witt. she disclosed in a
bill of complaint filed by John
Mudd, her counsel.
The couple were married in
Charlottesville on February Is,
1888. Witt was soon arrested and
brought to Prince Georges court
on the charge of having two
other wives. La Vaughn Witt was
said to have married him on
August %, 1927, while wife No.
l, Serafina ArcabasSo. wed him
on June %, 1923. From neither Of
these has he been legally di-
vorced, according to the bill Of
complaint.
The Washington times., 1935-10-10
Dutch Group Urges
Anti-Ndzi ParIeV

AMSTERDAM. The Neither.
lands, Oct. 10.-The local branch
of the Alliance Israelite Univer-
Selle. with headquarters in Paris.
is planning a drive to convene a
world congress to act against anti
SemitiSm. The congress would be
held here about Christmas time.
The congress would be asked to
send a world petition to the
League OF Nations protesting
against the persecution and olsen
franchisement of Jews under the
Nazi regime in Germany and
would spur world action against
anti.SemitiSm generally.
The Washington times., 1935-10-10
GRILL FATHER.
IN Staying

FAIRFIELD, Me-, Oct. 10
U.N.SO.-A 43.year-old father of
two children was being grilled to-
day by authorities who predicted
quick solution of the Staying Of
l2-year-old annie Knights.
Her body was found in a clump
Of bushes off the Skowhegan
road, a half mile from her home.
Missing since Monday afternoon,
she had been attacked, bound,
gagged and Strangled.
The suspect was being grilled
at Skowhegan Jail where he was
taken for safe keeping.
The man denied any part in
the crime but admitted, accord.
ing to police. he talked to the
girl shortly after 4 p. m. Monday
afternoon. An hour later she
disappeared.
He was taken into custody
after three other men had been
questioned and released.
The Washington times., 1935-10-10
Vote Of 4 to /
For; Motion
Defeated

ALEXANDRIA, Va, Oct. 1O.-A
paradoxical situation was pre-
sented here last night at a ses-
sion of the city council as a
motion was lost despite a 4-to-1
vote favoring it.
An appropriation of $4,000 for
street improvement was asked of
the council.
While four Of the five men,
bers Of the council present voted
in favor Of it, the one opposing
vote killed the motion. Here's
how:
Only five of the nine members
Of the council were present at
last nights session. and under
the rules Of the council no appro-
priation exceeding $1,000 can be
made without a majority vote of
the full membership Of the coun-
Gil, or five votes.
The Washington times., 1935-10-10
BULL HOLDS UP PLANE

mo trespassing-this means
bulls" was the edict at Washing.
ton Airport today. Pedestrians
and automobiles have caused
trouble hitherto. Now 1t seems
that the ban will have TO be ex-
tended to cattle.
AS an Eastern airliner circled
The Washington times., 1935-10-10
Taxi Driver Robbed

Two colored men are sought for
holding up and robbing Harry
Berrang, of 4215 Thirteenth st.
N. E., last night after they had
him drive them in his taxicab to
the 200 block P Street Northwest.
They obtained $3.50, Berrang told
police.
The Washington times., 1935-10-10
CLARK URGES
CONSTITUTION
BE PRESERVED

Senator Bennett Champ Clark
Cd of Missouri. staunchly de-
Tending the Constitution, urged
that the fundamental spirit in
which 1t was conceived and the
principles on which it was
founded be ever preserved. in an
address before the Missouri State
Bar Association.
The Missouri Senator, recog
niZed authority on constitutional
law, emphasized that he is not
one of those who believe that the
Constitution should be sacroSanct,
but declared:
at has been demonstrated
that it (the COnstitutiOn) is Suf
ficiently flexible to enable the
people to try an experiment in
government and, if proven salts
factory, speedily to repair their
error. Indeed. the Constitution
was wisely amended. at least by
general agreement. by the inser-
tiOn of the Bill of Rights before
1t was even adOpted-elSe it had
not been adopted"
ENUMERATES PROPOSITION
However, he enumerated the
several propositions which re-
Gently have gained some momen-
tum with certain groups through
out the country calling for fun
damental change in the historic
document and categorically re-
vealed the detrimental effect each
would have. He said:
''The test of whether changes
should be made in the COnStitu-
tiOn should be determined, not
by reverence for its antiquity
but Cnly by the question Of
whether changes would be in
the interest of increasing the
happiness and we'll being of the
people"
Pointing to the constant en-
croachments of the Federal Gov
ernment into the functions of the
States. Senator Clark asserted:
"NO more pathetic spectacle
has been seen in our times than
that of governors of great SOW
ereign States of this Union COM
ing to Washington to beg and
plead on bended knees of an
appOintive official as to the
terms upon which Federal funds
would be extended for the relief
Of the distressed people Of their
States.
CLOSER TO PEOPLE
"I believe, as did the fathers
Of this Republic, that govern
ment is better as it is closer to
the people and more burden
some as it is further removed"
Commenting on the suggested
change in the Constitution to
take away fro mthe judiciary its
status as a coordinate branch of
the Government by depriving it
of its power to declare acts of
Congress unconstitutional OF to
restrict it as to require some num-
ber larger than a majority before
such decision could be made, the
MiSsourian asserted that the pres
ent arrangement preserves a bene-
ficial system of checks and bal
anceS, and added:
I'VE will be treading a dan
gerOuS course when we tear
down that system"
He described as most danger
Gus Of all suggested changes" that
which would permit Congress,
when it sees fit to declare an
emergency to exist, to nullify the
Constitution as long as it claims
the emergency tn eYiSt
The Washington times., 1935-10-10

for a landing late yesterday, a
small bull strolled out on the
field.
Advised of the visitors pres
ence via radio, the airliner had to
remain in the air for nearly IS
minutes while field attaches drove
the animal from the premises.
The Washington times., 1935-10-10
Burning Of Grain
Politics. Says Davis

IHIFFHNIIWNHI ENVWH s8VFNTCU
Two recent instances of farmers
burning grain in protest to the
AAA act were called political
gestures today by Chester C. Davis,
AAA administrator. He said the
two Middle West farmers were
told by the AAA to dispose Of their
excess products through normal
channels but they elected to be
exploited politically"
Imperial Valley press., 1935-11-22
LIONS CLUB
COUNCIL TO
BE FORMED

Plans were made last night for the
formation OF a council of Lions clubs
in Imperial ard San Diego counties
under the guidance of Luther Mack
of Los Angeles, governor of the
fourth district of International
Lions.
Phinney Packard, dean of lionism
Of San Diego. was chosen chairman
of a committee composed of pres
idents of each club in the con-
templated council TO complete or
ganization. The proposed council
is considered as a further step in
cementing the common interests
Of the club of San Diego and
Imperial counties, six in number.
Honoring their district governor,
Luther Mack, Calipatria, Imperial
and El Centro clubs met for a
dinner meeting here. Leslie Har-
fington, president of the FL Centre
club, introduced to the gathering
the presidents of San Diego clubs
who were Van Sutherland, of the
Downtown Club; Ed Adams, of
Hillcrest club and Art Stevenson,
vice president of the North Park
club. Fred Gervin, deputy district
governor at large of Simi Valley
was also presented.
Entertainment during the dinner
hour was furnished by the Imper-
ial and Calipatria clubs, Margaret
Rau appearing in costume to seren-
ade with medley of Spanish sell
ections played on the accordion and
Duke Westover, comedian-accor-
dionist, in specialties.
Mack Speaks
In a brief address Luther Mack
stressed the need of building Lions
clubs from within and the import
ance Of serving the community. He
advanced the idea that the nation
had emerged from the depression
through the dominance of the
American spirit which presaged a
bright future for everyone and in
creased contributions by service
clubs of the country to the common
welfare.
Imperial Valley press., 1935-11-22

:in three years.
I It was the first time since 1926
that lava had Spewed from the
huge cone. surprising only in size
and violence by Mt. Vesuvious.
The flaming red mass could be
seen for 90 miles through the tropic
darkness as it coursed down the
side Of the picturesque volcanic
peak along the path taken by the
1899 lava eruption which halted
only three miles short of the city
Of Hilo.
First report that lava was surg
ing from the pit came from a
rancher, Donald Vonholt. Vonholt
said a fissure had appeared five
miles below the crater's summit
and lava was pouring down the
North Mauna slope at an unus-
ually rapid speed.
He said it was the most volumi-
nous flow he ever had seen.
Five Miles Wide
His prediction the flow might
split, with part of it continuing
bcNdIO I1llO anu Tile I6IlldlllO6T
flowing toward the Kona coast
was borne out later in a report
from Ed Wingate, superintendent
of Hawaii National Park.
At its source, Singate said, the
lava stream was five miles wide.
Then it billowed off into two fiery
streams. one descending on Hilo
and the other toward the Kona
coast.
While the laval flow at present
threatened only a large section of
cotton land, some concern was
felt that it might reach the Wailu-
ku river and cut off Hilos main
source of water supply.
Old residents of Hawaii declared
the current eruption marked the
first time in recent history that
the fire display has been visible in
Honolulu. indicating tremendous
activity within the crater.