davidaulloa/AmericanStories huggingface dataset:
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1936-05-22
By w. w. SMITH

For the first time in many
months youth dominated in at
tendance at the Sunday Forum at
its last meeting May II. The
Twentieth Century Club presented
the program. Members of the
club came-late most of them
they laughed at the wrong time
most of them-but they were pres
ent, and they heard Howard Y.
Williams deliver one of the most
vital talks given before that body.
Some of it may have fallen upon
receptive soil and should bring
forth good results.
Certainly Negro youth must be
beyond hope If it could witness
unmoved the dark picture of the
future as unrolled by the speaker.
1t is surely time for our young
people to awaken to the fact that
life is not all made up of good
times and fun. It has it's serious
moments. Fortunately there are
numbers of wide-awake, intelligent
young men and women keenly
aware of the present situation and
earnestly striving to do something
about it. May their tribe increase
and may the young people of our
communities elect to follow their
leadership rather than the thought
less irresponsibles who threaten to
destroy the usefulness and the
happiness of the coming genera
ton.
Rev. Lee w. Harris, Pilgrim
Baptist Church, st. Paul, is presi-
dent of the Twin City Council of
the National Negro Congress. Rev.
Damon P. Young is secretary and
Rev. w. E. Wellington, chairman
of its executive committee. In adj
dition several other Twin City.
ministers hold either offices or
membership in the council. Ger
tainly it may not be said that in
this effort to rally our people unto
effective defensive measures for
their own welfare, our pastors have
been neither negligent nor indiffer-
ent.
The leadership the church is ex-
.pected to take in the secular af-
fairs of the people has been well
demonstrated by these clergy, so
far as their personal contributions
are concerned. 1t remains only
that from their pulpits they seek
to inspire the people they lead with
the same resolute desire to protect
their interests and that of their
children in the immediate future.
Some OF US who were in Chi
cago at the Negro Congress have
had opportunity to tell about it
to numbers of interested people.
But, Of course, we have not been
able to reach all the people who
want to know what was done and
what will be done by the Congress.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-11-27
STOCK LEADERS
CLIMB POINT
AND MORE
BY LESLIE GOULD

NEW YORK, Nov. q G.N.S).
A favorable budget of interna-
tional and domestic news over the
Thanksgiving holiday turned the
stock market higher today.
Gains of some leaders ran to a
point and more, but volume was
restricted.
Pivotal groups led the way, in
Guiding steels, oils. rail equipment,
motors and copper shares.
American Locomotive rose frac-
ton into new high ground. Ameri-
can Car and Foundry spurted two
points and Westinghouse Air Brake
about half as much.
Chrysler advanced close to two
points before meeting profit-taking.
Auburn did nearly as well, while
General Motors added fraction.
Gains in the copper division ran
to more than a point in American
Smelling, Anaconda and Kenne-
colt, each showed substantial i'm
provement.
Rails, aviation, utilities and oils
moved moderately higher. U. S.
Steel and Bethlehem climbed
about a point each.
Bonds ruled generally higher.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-11-27
F|DUCIARY UNIT
HOLDS FIRST
MEETING

The fiduciary section of the
District of Columbia Bankers AS
ISOLATION held it's first meeting
and dinner at the Cosmos Club
on Tuesday.
The program was under the
direction of James A. Soper,
chairman of this section.
r. F. Leonard, assistant chief,
division of examinations, board
of governors of the Federal Re-
serve System, was the principal
speaker of the evening, and gave
many interesting sidelights on
the work of trust department ex-
aminationS.
Thomas j. Groom, first vice
president of the District of Co.
lumbia Bankers Association, ad.
dressed the meeting on behalf Of
Karl w. Corby, who was detained
at home through illness, and
briefly outlined Mr.. Corby's ideas
as to the work which should be
accomplished by this section dur
ing the ensuing year.
The meeting was well attended,
there being over so members Of
the section present.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-11-27
CAMDEN PLANS
REFUNDING

CAMDEN, N. j., Nov. 27.-The
board of commissioners of the City
of Camden has taken action pro
viding for the sale on December
10 of an additional $4,000, 900 gen.
eral refunding bonds.
The sale of these bonds will con-
stitute a second step in the city's
program for financial rehabilita-
ton begun in June of this year.
The bonds will be part of issues
aggregating $685., 900 authorized
in June under Chapter II Of the
New Jersey Pamphlet Laws Of 1885
with covenants providing for q
cash-budget basis of operation.
Following the sale of 5000, 1000
of the bonds in June, the city dis
continued the use of scrip inter
est-bearing warrants. tax revenue
bonds and notes, and tax anticipa-
ton notes.
Proceeds from the sale of the
bonds to be sold December 10 will
be used to retire all temporary
debt falling due prior to December
l, 1887, converting these obliga-
tions into long-term serial form.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-11-27
Further Gains Seen
For Advertising

Notwithstanding operations
and sales of materials will reach
a seasonal low in early future
months, but comparisons with
year-earlier totals will remain fav.
orable. Contract awards may fall
slightly below the high levels of
last winter, despite a continuance
of gains for the residential divi-
sion.
COal-Bituminous production is
continuing at high rate as de-
mand for heating purposes has
begun to supplement industrial re-
quirementS. Prices are showing
moderate improvement. Anthra-
cite output is now running ahead
of 1885 and a fair fourth-quarter
is expected.
Food PrOducts-With the eX-
haustion of low cost inventories,
production costs in many food
lines will rise moderately in COM
ing months. Part, or AL, of such
additions will PROBABLY be passed
on through price advances. Sales
should remain at a relatively high
level
Leather and ShOeS--It is now
expected that full year shoe pro-
duction will exceed 4G0,000,000
pairs, a new high record.
MISUNDERSTANDING larger
orders on the part of the automo-
tive and parts industries, the in
dex of machine tool orders for
October advanced to 1865, from
1885 in the previous month. Main
tenance of a highly satisfactory
level of orders for both machine
tools and heavy machinery is ex.
pected during the remainder of
the year.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-11-27
GAIN IN SALES
|SREP0RTED

PHILAD ELPHIA, Nov. Al
ON.S).-Sales in the wholesale
field in the United States jumped
to $4,000, 100000 in 1885, an in
crease of II per cent over 1888, the
Department of Commerce revealed
today through its Bureau of Cen
sus in this city.
This in crease was viewed by
government spokesman as q
marked contrast to the IS per
cent decrease in wholeSaling from
1929 to 1888.
Largest gains in sales since 1888,
read the report, have been in cleo
trical goods, automotive, metals,
lumber and construction materials,
jewelry and optical goods, mach
inery, equipment, plumbing and
heating in that order.
Number of employees shown by
the report averaged 1,274,50a
throughout 1925 in comparison
with 1875 in 1888, year of the
last census.
Pay rolls increased from 81, 650.-
391 900 in 1888 to $2,O49, 251, 900 in
1885, a gain of % per cent, while
the annual average earnings per
employe advanced from 1897 to
81 SOB,
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-11-27
BU|LD|NGGA|NS
SEEN SMALL

Building activity has recently
shown some heSitancy in extend
ing its upward movement, accord
ing to the Alexander Hamilton In
Stttute.
After showing more than the
usual seasonal curtailment in
September, building contracts
showed less than the usual sea-
Sonal rise in October.
During the past II years, the
average increase from September
to October amounted to 6.3 per
cent. This year, it amounted to
only 81 per cent. Building con-
tracts in october this year failed
to regain the peak of the recovery
movement reached in August.
AS compared with the volume in
October last year, contracts
awarded this year showed an in
crease of 30.2 per cent. This was
a much smaller margin, however,
than in previous months. During
the first 10 months, building con-
tracts showed an increase Of 1873
per cent over The same period last
year, the Institute said.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-11-27
CURB LIST DULL,
BUT PRICES
G0H|GHER

NEW YORK, Nov. ~ GN.S0.
Forenoon trading in curb stocks
moved a slow pace, with most
prices somewhat higher. Utility
stocks usually leaders of the trend,
were scarce. A wide variety Of
miscellaneous issues filled in the
vacancy.
Eastern States Power B pre-
ferred picked up about a point to
so. Brown Paper Mills preferred
gained IA, touching 34A; Empire
Gas g. Fuel preferred, National
Light and Power preferred and
United Gas common sold at "a,
547s and az, respectively, all frac-
tionally higher. United Light and
Power advanced more than point
to STU.
Gulf Oil Of Pennsylvania shot
up 3A to 10TH. Newmont Mining
climbed as much to los. Dow
Chemical was slightly better.
Pressed Metals gained y to 36A
and Pacific Tin declined a half.
In the miscellaneous division,
Horn and Hardardt preferred sold
at 1861; Jones and Laughlin at
8024: Mayflower Associates at 70;
Mead johnson at 1873: Mercantile
Stores at 43, and Doehler Die Cast
ing at 37h. all about a dollar
better. American Cyanamide B
slumped fractionally. Russo IS
dropped Ia to 351a. Sherwin Viii
hamS advanced q point to 1851.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-11-27
1886 Aviation Profits
Expected to Rise

2,136, 100000 expresspOundS were
flown, or increases Of nearly
% per cent and II per cent, re-
spectively.
Formerly constituting the
backbone of the industry's earn
ings, air mail revenues have
dropped sharply this year, leav-
ing transport companies in
come more dependent upon ex-
press and passenger travel.
While the most sensational in
crease has been recorded by air
express, passenger revenues con-
tinue to account for the great
est proportion of total revenues.
However, express continues to
offer the greatest pOtentialities
for future expansion"
In the industry's manufactur
ing division, military tCders fol
aeronautical equipment continue
to bulk the largest, the. report
says. All over the world the re
armament race goes on, and il
centering on air equipment. The
United States is not backward II
this race. it is pointed out.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-11-27

Indications are that 1895 earn
ings of both aviation manufac-
turing and transport companies
will be substantially ahead Of last
year, despite increased develop
ment costs, it is predicted in a
report on the aircraft industry
in Poor's industry and Investment
Surveys. The greatest improve
ment, however, is being regis
tered in the transport field.
The report said:
Scheduled air lines Of the
United States flew their planes
some 41,OOO,OOO miles during
the first eight months of 1885
VS.. 36,OOO,OOO miles in the like
1885 period. Rejecting the
greater efficiency characteriz-
ing operations of air transport
companies, the percentage gains
in passenger-miles and express
pounds flown we're substantially
greater than the increased cost
factor. During the eightmOnth
period of 1886 approximately
267,OOO,O 1000 paSsenger.miles and
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-11-27
CANADA TRADE
BEST IN YEARS

The beginning Of winter finds
business conditions in Canada bet.
ter than at the corresponding date
for some years past, according to
the Bank of Montreal, which adds:
Both manufacturers and
wholesale houses report . salts
factory inflow Of orders and 1t
is estimated that the level Of
retail trade is about 10 per cent
higher than it was q year ago.
Increased purchasing power in
the rural communities is now
making itself felt, and thanks
to the rise in grain prices there
Is, despite the short crop, more
money in circulation in the
prairie provinces than at the
beginning Of last winter.
''The level Of production in the
first nine months Of this year
was substantially higher than
in 1895. With mining, manufac-
turing, electrical power and rail-
way transportation participating
largely in the improvement. the
governments manufacturing in
dex averaged 1862, = gain Of
SO per cent"
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-11-27
BANKERS VIEW
TAX LIMITS

Investment bankers who special
ize in municipal bonds will have
one major problem in mind when
they meet in Augusta, Ca, at the
Investment Bankers Association
Of America convention, December
2 to 6. according to D. T. Richard
son, vice-preSident of Kelly. Rich
ardSon & Company, Inc, Chicago
That problem is how to gain a
public appreciation Of the whole
effect of measures being proposed
to limit the power of States and
local governments to tax real
property. Mr.. Richardson, chair.
man Of the associations municipal
securities committee, said:
Limitation is so generally
confused with reduction that it
naturally has an immediate ap-
peal to the imagination when
connected with taxes. Actually
the majority of voters would
probably be harmed rather than
benefited by legislation of this
type.
1--WE have q vivid example of
practical effects of . tax limita-
ton in Springfield, Ohio, 8 city
of 10000 population, which
closed its schools indefinitely on
November s. This action re-
suited from the failure Of the
people to vote o special three
mill levy. Teachers have not
been paid salaries for October
and they, along with 1880 pu-
pills, were directed to take home
all personal belongings.
at is our understanding that
the city has received its full
share of State funds. Apparent
ly these are inadequate and the
additional levy was necessary in
order to continue operation Of
the school system. Under the
tax limitation statute . referen.
dunn was necessary and the cleo
tOrate defeated the proposal for
an increased rate"
Tax limitation will be special
subject Of the forum on municipal
credit on the first day of the con-
vention when a formal preSenta-
ton Of the subject will be made
by Clarence A. Dykstra, city mana
ger of Cincinnati, Ohio. Mr..
Dykstra is recognized as one of the
most successful Of city managers
and has had actual experience in
dealing with tax limits.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-11-27

The first of the month outlook
for various important divisions Of
industry and trade is summarized
by the Standard Statistics Com
pany as follows:
Advertising Both newspapers
and magazines continued to show
large advertising gains in October.
Newspaper lineage rose to its high
est level for the month since 1880
and exceeded 1885 by 1853 per cent,
bringing the 10 months total up
10.4 per cent from 1885. Maya
zines gained about IS per cent.
Further increases are looked for
in line with expected heavy Christ
mas trade.
Agricultural Machinery -. Sales
of tractors and other farm equip
ment are running ahead of 1885,
but are tapering off seasonally as
the close of the year approaches.
Aircraft Plane manufacturers
are continuing active production
schedules and, with business back
logs still unusually heavy, output
should remain substantial for an
indefinite time. TranSporters,
while facing the period of season
ally low traffic, are expected to
carry more passengers during the
rest Of 1886 and in early 1887 than
at any similar time in the past.
AutOmObiles-The 1887 models
recently introduced have met with
an extremely favorable reception.
Orders have given leading manu-.
facturerS extensive backlogs of
business and give assurance that
operations, whiih have increased
sharply in recent weeks. will re.
main at near-capacity levels for
the rest Of 1895, barring tie-ups
as q result of labor troubles.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-11-27
Buffalo Livestock

EAST BUFFALO. N. Y. Nov. 81
UN.s.).-Hogs-1.10 100. Active to all in
terests. 100 zoe over Wednesdays aver
age. Bulk better grade. 1S5-24O pounds,
5000: rather sparingly, $10.35; around
ITS pounds, 5000; 14O-1SO pounds.
$s.15@s.s5; packing sows, $s.s5@s.35;
sizeable number. rough heavy sows,
$3.50.
Cattle-40O. Active, strong to occa-
sionally 25c higher; grass fat steers,
$3.50: bulk rather plain steers and
heifers, $S.75@6.75; low-cutter and cut
ter cows. S3.25@A35; medium bulls,
s56S.25.
Calves-250. Vealers, soc higher.
good to choice, mainly 211.5O; common
and medium, $s.SO@1O.50.
Sheep-1.4 400. Lambs weak TO Csc
lower; mostly only shade down. lenient
sorts considered. Bulk better grade
ewes and wethers, $925; medium and
mixed offerings, &s25@ss5; few 100
100 pounds, Ss@s.25; aged ewes un-
changed; better lots, &46A25; general
run, $2.2@4.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-11-27
Metal Markets

NEW YORK, Nov. ~ U.N.s) Cop
per buying abroad today was in fair vol
ume, with price equivalent to 1o7T5
cents a pound c. i. (. European base
ports compared with 1910 to 1915 cents
a pound Wednesday.
The domestic copper market con-
tinued firm with price unchanged al 1880
cents a pound.
Lead buying was IN good volume to-
day, although unchanged at $40 cents
a pound New York and sos cents East
st. Louis.
Zinc was in good demand with many
producers reporting large orders on
book. price rise again Is loked for.
Prime Western remained unchanged at
sos cents a pound East st. Louis.
Demand for tin was in fair volume.
Tinw was quoted at san cents a pound
New York.
Anthony advanced an y of a cent to
12ss cents a pound.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-11-27
Chicago Livestock

CHICAGO. Nov. 81 U.N.s.))-HoEs,
1000. Top, $3.50; bulk, $s@s.75; heavy,
s9@9.sO; medium, $9.25@sSO: light.
$500 a $50; light lights, Ss.50@9.25;
packing sows, $S.5O6940; pigs, $6@S.75.
Cattle-6. 900; steady. Calves, 1000;
steady. Beef Steers: Good and choice,
S1O@12.25 common and medium, $40
$50; yearlings, $s.50@12.35. Butcher
Cattle: Heifers, $5@12; cows $4.25@6.75:
steers, $4.5Ods: stocker steers, $4,000
7.75; stocker cows and heifers, $l.26@
$50.
Sheep-1S,OOO steady. Lambs. $500
9.25: common, $76s.50; yearlings, $50
s.25: feeders. sos; ewes $2.50@4.5O.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-11-27
TO URGE
SMALL FIRM
LOANS
Special to The Washington Times

N1A8AAAN9N
Government loans to small bust.
ness, similar to the service rem
dered large business by the Re
construction Finance Corporation,
will be advocated by George L.
Berry the Presidents coordinator
for industrial recovery, at his forth
coming conference of industry
and labor.
Convinced that the small bust
ness man has been overlooked in
the Federal program to spread en-
ployment and stimulate recovery,
Major Berry will ask the confer
ence to recommend that Congress
set up the machinery to place
Government financial aid within
reach Of modest enterprises.
Drafts Program
At the same time it was learned
Major Berry is drafting plans for
q broad legislative program for
presentation to representatives Of
industry and labor who attend the
meeting here December 10 and IL.
It embraces:
FTRST-Federal and State legiSla-
ton setting up minimum wage
and maximum hour standards.
SECOND-More liberal inrsrpreta-
ton Of the antitrust laws and
possible curtailment Of the pow
ers Of the Federal Trade Com
mission, to limit its ''interter'
ence" with business.
THIRD-Withdrawal Of the Gov
eminent from competition with
private industry.
FOURTH-A continuing study OF
the flow of national income, to
insure against recurrence OF
economic depreSSionS.
FIFTH-EstabliShment OF tn e
Berry industrial council on q
permanent basis.
Lawyers Study Problem
A corps of Government lawyers,
it was learned, is engaged in q
careful study to determine what
Federal legislation, regulating
hours and wages, is possible in
view of the Supreme Court deci-
sion which outlawed the National
Recovery Administration.
Though this examination is yet
incomplete, the tentative purpose
is for Congress to set the stan
dards for interstate businesses,
leaving to State legislatures the
problem Of regulating hours and
wages within their borders IN
strictly interstate fields.
Major Berry, who is opposed to
any revival of codes or other such
features Of the defunct NRA, said
today:
II have consistently advocated
legislation to put q floor under
wages and q ceiling over hours.
Two schools of thought within
the Berry council are expected to
clash on proposals for legislation
affecting the powers Of the Fed
eral Trade Commission.
One group, it was learned, be-
lieveS the commissions authority
should be sharply curtailed. to pre-
vent undue interference with the
normal flow Of business. Another
believes the commissions powers
should be broadened to embrace.
in voluntary trade agreements,
both competitive trade practices
and competitive labor practices.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-11-27
Money Markets

NEW YORK. Nov. n S).-Banl-
ers' acceptance market remains quiet.
with rates u to 3-16 per cent for 80 50
and 80 days; 5-16 to Il per cent for 1920
days, and y to sis per cent for $50
and $50 days.
Commercial paper market was mod.
erately active, with rate unchanged at
y of 1 per cent.
Time money was offered at IL per
cent for maturities up to six months,
UNCHANGED,
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-11-27
Washington Stocks

SALES
AFTER CALL
Washington Gas SIS 1858 $1,000
@1O71a, $1000@10712.
Capitol Transit SIS $1,000@93.
Capitol Transit Company $50
14A.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-11-27
ssWONDERFUL
RESULTS

I had IS calls from Herald and Times
Double Quick Want dds Under rooms for
rent. viii always use Herald and Times
Double Quick Want dds" says Mrs. j.
Il. Pstry.
Imperial Valley press., 1936-03-15
Chicago Grains

CHICAGO, March IA. (UP)-Wheat
futures reacted sharply on the board
Of trade today on the more pacltlc
tenor of European political news
LEGS active foreign demand for Man
itoba wheats, failure of the Liver
nool market to respond fully to the
North American advance and on
forecast for moisture in the winter
wheat belt. 40
The decline at one time reached TO
erinp near the close brought a mod
crate recovery and the finish was Is
to IL cents lower. May was down
Other grains reacted with wheat.
Corn closed ~ to " cent lower, oats
was down % cent net and rye SOLD
off Is to q cents bushel'
Imperial Valley press., 1936-03-15
New York Stocks

NEW YORK, March IA. (UP)-
Stocks. bonds, and foreign cnrren-
cies rallied today while grains de-
clined and cotton was steady
Reversal Of yesterdays trends fol-
lowed a change in attitude in the
street on the European situation,
When Lloyd's shifted to odds against
war from refusal few days as
to take war risks, the financial
community followed. Rumors sub
sided, and shorts covered commit
ments made when the market was
in a downtrend.
Wall street learned before the OPP
ening that Europe was more calm
despite a strong French statement
on the German violation of the Loo
carno pact. Buying orders piled up
to such an extent that it was nee
essary to bunch them into blocks of
1000 to 5000 shares at the opening.
Prices rose 1 to ) points at the
Continued on Page 2; Col. -