davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1936-10-02
Early Shift of French
Gold Seen UnIikeI y

Large scale repatriation Of for
eign capital does not seem to be
in prospect as result of monetary
devaluation by the European gold
bloc until the new currencieS are
either affixed firmly to gold once
more or confidence in their sta
bility is achieved, the National
City Bank says in it's october bull
letin issued today.
Pointing out that full benefits
of the currency adjustments can
not be realized and expressing
doubt that the new alignmentS
can be maintained unless existing
foreign exchange restrictions are
relaxed or removed the bank says:
Sterilization funds will prove
but StOpgapS if the conditions
which have caused instability
are permitted to become acute
again.
CONFLICT SEEN LIKELY
IF the domestic policies of
any country lead to a rise of
costs and prices greater than in
other countries, to inflatiOnary
debt increases and unmanage-
able budgetary deficits, all of
which are incompatible with
currency sterilization, the con.
flict between the two policies
will reappear and the choice
will have to be made again.
will the nations be willing
to ship gold to the last ounce,
and to take the deflatiOnary
The Washington times., 1936-10-02
OUTPUT,
CONSUMPTION
SEEN AHEAD

NEW YORK, Oct. 2.-BusinesS
enters the final quarter assured
that to date 1886 has been the
best year since 1880. and conf
dent that the recovery curve will
continue to ascend during the
autumn months, according to
Banking, published by the Amer,
lean Bankers Association.
Late summer, as had been eX-
pected, witnessed some seasonal
contraction, but the basic inn
proVement held it's momentum
and the weeks ahead promise
higher production and consump-
ton levels, the survey said, add
ing:
WELL DISTRIBUTED
ut is significant to note, as
the fall season opens, that re-
cOvery this year has progressed
without important interruption.
Also, the gain has been we'll
distributed among major Sec
tiOnS of the cOuntry'S indus
trial fabric, the principal ex-
ceptiOn being agriculture, which
had to contend with a serious
drought.
MANY business men would
be better satisfied if they felt
that the good times had ar.
rived without the inflatiOnary
pressure of Government spend.
ing on an unprecedented scale
and if tax consciousness were
not SO acute. The glamOr of
recovery can hardly obscure its
cost.
There Is evidence that the
unemployment is decreasing
and considerable reason to be.
lieve that the actual number
of emplOyable out of work is
much below current estimates.
DIVIDENDS INCREASING
Increasing dividends of cor
pOratiOnS continue to give sup
port to the market for Securi-
ties and contribute to the
general optimism. although they
are largely influenced by the
tax to be imposed on undis-
tributed profits at the end of
the year.
European events are dis
quieting, the publication says,
for the possibility of more wide
spread trouble between the two
conflicting theories of govern
ment represented in Spain's
civil war is well recognized. 1t
is pointed out that rearmament,
inflammatOry speeches, the
restIesSneSs of nations seeking
territorial expansion. and, more
specifically. domestic unSettle-
ment in France, cast shadows on
the future and increase the diff
ficulties of International econ
Omy. Nevertheless, the report OBJ
serves, foreign affairs have not
interrupted the trend of
American business"
The Washington times., 1936-10-02

measures that may be called for,
in order to continue established
currency relationships? Or, the
the precedent of currency de-
probation having been set, will
they take the easier road once
mOre?"
The bank believes that should
any major country take the latter
choice, sterilization would almost
inevitably break down and new
cycle of depreciation set in. 1t
believes the greatest problem for
the future is to escape this
dilemma by controlling in each
country the inflationary trends
which are the chief danger"
Referring to the possibility of
repatriation of foreign capital
transferred from the gold bloc
countries to the United States
during the past two years or more,
the bank takes the viewpoint that
other considerations may prevent
such a movement, adding:
THE fear of war is not re-
moved and there are uncertain
ties in the domestic outlook in
many countries. Moreover, bust
ness improvement in the United
States is continuing, and OppOr-
tunity for profitable investment
here evidently is still OPEN"
Domestic business reports are
described by the bank "of a nature
to inspire confidence for the re-
mainder of the year"
The Washington times., 1936-10-02
EXCHANGE RULE.
UNC0NFIRMED

Reports reaching here from
New York yesterday involving
what was termed request" from
the New York Stock Exchange to
members who transact foreign
business not to engage in "specu-
lative transactions" in foreign eX-
change, could not be SubStan-
tiated in local brokerage offices,
where it was said no such request
had been received from the New
York exchange.
Local brokers asserted, how
ever, very little, if any, of this
speculative trading has been done.
here for years.
Another New York report which
asserted that banks had been re-
quested not to permit speculative
operations in foreign exchange
seemed to be in the same class.
foreign exchange departments of
banks here asserting that I'VE do
not permit it, anyway"
At the Treasury Department it
was learned that the office of
the Comptroller of the Currency
was cognizant of no order or re-
quest to banks upon the subject
issuing from that office.
The report from New York
stated that foreign exchange
transactions originating from sales
and purchases of securities were
not involved
The Washington times., 1936-10-02
STOCKS RALLY,
GAINS RUNNING
T02P0INTS.

NEW YORK, Oct. 2 G.N.SJ.
Stocks rallied briskly today, gains
running to as much as 2 points.
Chrysler was up 2 points and
large fractional advances were
made by General Motors and
Nash, while Auburn climbed more
than a point.
Gains of a point and more in
Bethlehem, U. S. Steel and
youngstown Sheet and Tube we're
pared slightly in later dealings.
A few special issues scored wide
gains led by the General Gas and
Electric securities where the per
cent issue scared Is points and
the per cent jumped 8.
American Telephone ran up 212
points, Case gained 2, and Mack
Trucks IL into new high ground
for the year.
The Washington times., 1936-10-02
BANKERS, TOO,
USE YARDST|CK

TOLEDO, Ohio, Oct. "A
yardstick for the nations pros
pective home builders and prop
erty owners to use determining
whether to make loan through
the Federal Housing Administra-
ton or through a private mort
gage banker was set up here
yesterday by George H. Patter-
son, seCretary-treaSurer of the
Mortgage Bankers Association of
America in an address before
members of the Ohio Real Estate
Association at their Twenty
seventh annual convention at
the Hotel Secor. He said:
1.-TWO years operation of the
FILA clearly indicates that the
rule-Of thumb to follow in max
ing real estate loans in that
property owners or home build
erS wishing to make a mort
gage based upon IS per cent
or less, of the appraised value
of the property should do so
through private mortgage deal
erS because they can do so
considerably cheaper and Sc
cure many other advantages.
For loans of more than IS
per cent of the appraised
value, go to the Federal Hous-
ing Administration because
such loans are considered
speculative by private banking
and the borrower must expect
to pay high service charges
and more than 6 per cent in
terest."
In fact, he added loans based
on greater than IS per cent
valuations must almost of a ne
cesSity be made through FILA
because the past experience of
private lenders has shown that,
generally speaking, they are un-
fair for the lender and borrower
as we'll Patterson added:
"There is ample mortgage
money available everywhere in
the country today so that any
property owner or prOSpec.
tive home builder who is en-
plOyed need have no difficulty
in securing a lOan."
VOTE AMERICAN
The Washington times., 1936-10-02
FRENCH MONEY
MOVE HAILED

NEW YORK, Oct. 2.-Devalua-
ton of the gold.bloc currencieS
should soon clear the way for a
modified gold standard over a
great part of the worlds trading
areas, L. R. Robinson, consulting
economist and lecturer in econom-
les at Columbia University, said
yesterday upon arriving here after
several months stay in Europe.
AS exchanges work out their
present chaos" Mr.. Robinson
said, a goodly increase in world
trade ought to be experienced. He
added:
This in itself will go far to-
ward making lasting, at least
for a few years, the business i'm
prOvement which almost every
country has enjoyed since 1882.
1t will also ease somewhat the
political tensions that are trans
forming the whole world into an
armed camp"
Economic improvement is oper-
ating on the side of peace, Mr.
Robinson said.
Without a notable increase in
international trade, the recent
pace of business improvement in
England, which is receiving Suo-
stantial support from rearmament,
cannot be maintained, according
to Mr.. Robinson. England, he
said, is enjoying building
boom that is expected to last an
other year or two by British OBJ
servers.
The Washington times., 1936-10-02
VOTE AMERICAN
Chicago Produce

CHICAGO, oct . G.N.sD.-Butter-
1895 tubs; steady; old cars 4; new s;
extras. 32i2c: standards, see; extra
firsts, 81 q @32c; frsts. 3012 p3114c; spe-
Gals. 3m33lac.
Eggs-i,O9O cases: steady to firm old
cars ,: new none; current receipts 24c;
fresh extra firsts, less than cars, 26c;
cars, 26l&c; fresh frsts, less than cars,
25c: cars 25& e; dirtes, Pie; checks 19c.
Cheese-Twins 1S@1Shc: single
daisies and longhorns. 1872 @18&c.
POtatOes-54 cars ;on track 213; L. s.
shipments 646: Idaho Russets, Buroanks.
$2.152.2O; Washington RussetS Eurbanks,
50; combination grade, 81 %: Colorado
Red McClures cotton sacks, $3.50: bur
lap sacks $2.1O@2.15; Colorado Prown
Beauties, So; Wyoming Bliss T"iumphs,
$3.50; Nebraska Bliss Trumphs, No. I
and partly graded, $1.55: Wisconsin Cob
blers, $40; Commercial $50; IIichi-
gan Cobblers $1.65; Minnesota Cohble's
$40 Oils; early Ohios, Inc!lssified,
SIPS
The Washington times., 1936-10-02
FREIGHT LOADS
PUSH HIGHER
International News Service


Loading of revenue freight for
the week ended September 26 to-
tailed 807,07O cars, an increase of
1850 above the preceding week
and an increase of 177,135 cars
compared to the corresponding
week in 1885, the Association of
American Railroads announced to-
day.
Miscellaneous freight 333,561, in
crease 1913 and 63,440; less than
carload lots 172,051, increase 1923
and 6,379; coal 142,808, increase
1922 and 1885; grain and grain
products 1854, increase 500. de-
crease 5,524: livestock 1921, in
crease 583 and lob; forest prod
ucts 37,131, increase 1879 and a.
$40; ore 58,604, decrease 628, in
crease 1922; coke 1920, increase
81 and BATS.
The Washington times., 1936-10-02

The following tables show the
names of ships, the lines Oper-
ating them, their times of sail
ing from New York, and when
their regular and supplemental
mails close. Time shown is East
ern Standard Time. Dates after
names of ports indicate Sched-
uled date of arrival. C) Indi-
Gates mails must be specifically
addressed to this steamer. 90 ,
Indicates supplementary mails
will be accepted on pier up to 10
minutes before sailing time.
SATURDAY
Transatlantic
BLACK CONDOR (Black Diamond),
Rotterdam October Is; Pier X, Weehaw-
ken, n. J.-MaiIs close Q a. m.-Prints
mails and parcel post for the Neither
lands.
GEORGIC CCunard White starr. Cobb
October 10, Southampton and Havre IL
and London II; Pier st. n, r. West
14tk St)-tMails close s a. IN. (supp.
mails to 10 a. M; sails noon-Lettcr
mails for Europe, Africa and West Asia
Except Alden, Austria, British India,
6TEasa Canary etb slsRa gseSe
y
Hungary, Irak, Italy, Madeira, Malta,
French Morocco, Palestine, Rumania,
South Africa, switzerland, Syria, Turkey
and Yugosla via).
REX (ltalian), Gibraltar October 9
Naples 10 and Genoa II: pier SO, N r
West 18th Street)-1Mails close a. IN
(supp. mails to 10 a. M; sails noon
Letter mails for Austria. Bulgaria,
cyprus, Egypt Gibraltar, Greece Hun
gary, Italy, Malta, Palestine. Rumania
switzerland, Syria, Turkey and 1ugo
slavia; letter and prints mails for lrak
parcel post for Albania Gibraltar, Italy
and YugOslavia.
wEsTERLAND cred starr, South
ampton October II and Antwerp IL;
pier 81, Hoboken cd Street.-The mails
carried on this voyage; sails p. m.
West Indies. Latin-America and Canada
AMAPALA STANDARD Fruit, Vera
Cruz October O. pier 20, f. R. Peck
Slip)-No mails carried on this voyage
sails 10 a. m
ALA X AN Observation-Disclosures
Cristobal October 10; pier g. Bush Term
inal Brooklyn 42d Street-Mails close
p. m. (supp. mails TO p. m)-Letter
and prints mails for Canal Zone and
Panama: parcel post.
FORT TOWNSEND CFurness Red
CROSSE, Halifax October :, st Pierre
The Washington times., 1936-10-02
Cleveland Livestock

Receipts 500; trade steady on all
grades; top. $lO.5O for good quality 1870
25n-pound hogs
Cattle-Receipts ESQ; market slow on
supply Of common grass cattle; cows
and bulls steady.
Calves-Receipts 100; market slow; all
grades steady.
Sheep-Receipts 500; fat lambs stead:,
choice lots SO. so down.
The Washington times., 1936-10-02
DIVIDEND
B|GF0R MONTH

Favorable dividend changes in
totaled 1913, the great
est number in any month of the
past six years with the exception
of December, 1885, according to
the Standard Statistics Company.
Detailed comparisons of September
and August, 1886; September, 1885,
and the first nine months of 1886
op6 1923 fOllouy.
The Washington times., 1936-10-02
DEPOSITS RISE
At CHASE NAT.

The statement of the Chase Ma
tional Bank for September 80,
1886, was made public today. The
deposits of the bank on that date
Including certified and cashiers
checks were $4,000, $4,000 COM
pared with $2,083, $4,000 on June
80, 1886, and 1881, $4,000 on Sep
TENDER 80, 1885.
Total resources amounted to
S2,568, 100000, compared with 81
356,357 900 on June 80, and 1920
$4,000 a year ago; cash in the
banks vaults and on deposit with
the Federal Reserve Bank and
other banks, $761 $4,000, COM
pared with $500, 100000 and $685.
$4,000, on the respective dates;
investments in United States Gov
eminent securities, $765 COL 900,
compared with $735, $4,000 and
$620,305,000; loans and discounts,
1861, 100000, compared with $685.
$4,000 and $613,240,00O.
The statement of September 80,
like the midyear statement of
June 80, reflects changes in the
capital structure of the bank
occasioned by the action of the
board of directors on June IT
authorizing the retirement of the
entire outstanding issue of $780,
100000 of preferred stock and the
increase of the surplus account
from $5O,0O0,0O0 to 10000 by
the release of $49,520,000 in re-
serves and $75O,OOO in the pre-
ferred stock retirement fund.
VOTE AMERICAN
The Washington times., 1936-10-02
Treasury Condition

Treasury balance September 30:
$2,187 ,582,077.86; internal revenue
SO, 698, 108.18; custom receipts $685.
554,231.82.
The Washington times., 1936-10-02
Chicago Livestock

CHICAGO. Oct ? GNSD.-Hogs-
5000 steady. Hodovers, 1000. Top.
$1O.5O; bulk $3.50 a 1925; heavy, $9.5O6D
1910; medium. 1886 a 1850: light, $3.50
1925; light lights, $8.75@9.6O; packing
sows $S09.4O; pigs, $7@9.
Cattle-2 900; steady. Calves. 500;
steady. Beef steers, good and choice.
$40 1880; common and medium. Sc a 8;
yearlngs, 1850. Butcher cattle:
Hefers 5000; cows, $4.25 q SIS: bulls,
$3.50 a $50; calves, $561O.5O: feeder
steers, $4.5O67.75; stoCker steers S45O0
80; stocker cows and heifers, 1915
@650
Sheep-13.0 900: steady. Lambs. 2lm
$50; common, seas: yearlings. ia
$50; feeders. $725@8.6O; ewes $@tr
The Washington times., 1936-10-02
Washington Stocks

SALES
Potomac Electric So per cent
preferred. l0@112.
AFTER CALL
Riggs Bank common, 5000.
American Security and Trust
Company, 1Q@252. 10@152.
Washington Railway and Elec-
trio preferred, 2@11O12, 1@11012.
The Washington times., 1936-10-02

extra dividend; brooks closed; fplus
extras. t5Oc paid May Is, 1885, SOC paid
August Is, 1886. "A per cent extra. e2
per cent extra. h75c extra. ""26c paid
June so. 1886
Milford chronicle., 1936-01-10

bers Of the present board retire af
ter election unless they become can
didates to succeed themselves and
win the election. So far as can bs
learned there is no opposition to the
present Council. While no annual
report has as yet appeared in prini
it is believed that the business OF the
town has been conducted properly
At the start Of their administration a
statement was issued to the public
that in order to wipe out old debts
that had been allowed to run for
years by other Councils preceding
them II would be necessary to in
crease the tax rate ten cents. How
ever none is able to predict at this
time just how much was accom-
plished with this increased tax rate.
The retiring members of Council are,
President and Mayor, A. L. Harring-
ton; Councilman Roy Porter, COun-
Gilman and Secretary. Charles Hop
kins. Under the new charter there
will be six wards instead of the
present five. a new ward was made
by dividing the territory then known
as the second ward. COuncilmen will
be elected by the voters in their re-
spective wards and not at large un-
der the old charter. A Mayor will
be elected at large to serve Two
years and will preside over Council
meetings with a voice and vote in
case of a tie. COuneilmen under the
new charter will draw no pay but
will serve their city in honorary pO-
sitiOns. Il is reported that Mayor A.
L. Harrington is a candidate for the
Office Of Mayor. and that former
State Senator Wilbur +. Jacobs will
also seek the place. Herbert Denney
and Ernest HomewOOd are said to be
candidates for Council from the First
Ward. R. B. Smith has agreed to
run for Council from the Third Ward.
George w. Swain has entered the
race for Council from the ward May
or Harrington represents. Hereto
fore politics have never been con-
sidered in the administration Of the
city's affairs. but it seems some of
the political leaders are in the back
ground trying to get the election
lined up along party lines. Some of
the leading business men insist this
must not be, and propose to support
who will give a business
regardless of their
political affiliations. The new COun-
cil-elect will have the appointment of
a City Manager. who will have offices
in the City Council Chamber at the
Fire House. He will collect all city
lakes. water rents. sewer liens, and
all other duties that may he assign
ed to him by City Council A mad
scramble is on for this plum, and
many who consider the matter do
not realize what sort of a man is
needed for the job. He should have
some knowledge of a variety of lines
Milford chronicle., 1936-01-10
BRIDGEVILLE

Miss Hazel King Of near George
town and Alfred B. OlDay OF neal
Bridgeville we're married on Decem
Der S0th at Greenwood Parsonage b
the Rev. Robert p. Green.
Miss Georgianna Macklin, IN com
pany with Miss Mary Brimijoin Oi
lAiddletown, Del, spent Monday
Tuesday and Wednesday Of last Weeh
at West Point They attended the
New Years Hop on Wednesday. On
Thursday they spent some time see.
ing the sights Of New York City.
Paul Adams Of this town gave a
dance in the ballroom Of the Wi.
cOmicO Hotel. Salisbury, Nd, last
Saturday night. Guests were present
from Philadelphia, Wilmington, Elk
ton, Dover. Milford. Bridgeville, Sea-
ford and Laurel.
Four negroes. two Of them recent
students at the State College for
COlOred Students were arrested by
State police Of the BridgeVille Sta
tiOn Saturday night on a charge of
larceny Of chickens. They were John
Henry Selby, aged 81. Clifford
Hughes and Clifton Hughes twin
brothers. age IS. recent students at
State College. and George Howell, 20,
all Of Greenwood. They stole 25
chickens from B. L. Todd. They were
arraigned before Frank Meredith at
Greenwood.
Mr.. Burton Purnell, manual train
ing teacher in the Bridgeville public
school will be the instructor in an
adult evening class in manual train
ing during the winter.
William P. Short entertained sew
eral Of his friends at turkey dinner
last Sunday.
Mr.. and Mrs. Calvert Priestley have
been recent Wilmington visitors.
Mrs. Leroy Truitt is out again af-
ter being in a few days for a slight
illness.
The epidemic of measles which has
swept our town seems to be on the
wane.
Mrs. Roland Elliott, Miss Nancy
Elliott and Miss Margaret Elliott are
reported to be recovering nicely
from shock and slight injuries re-
ceiVed recently in an automobile ac-
cident.
Among the students of higher in
stitutiOns of learning who have re-
turned to their colleges after spend
ing the holidays at home are, Miss
Charlotte Truitt. Miss Dorothy Dick
ersOn, George Macklin, Miss Caroline
LOfand and Miss Nancy Wright.
The Bridgeville Volunteer Fire
Company held its annual election of
officers on Monday evening. Officers
elected we're as follows: President,
Robert Smith; Vice-president, /. c.
King; Secretary, Sherman Neal;
Harry Layton.
See your ChirOpractOr. DR.. Anna
X. Gregorius, Milford. 1t
Milford chronicle., 1936-01-10

The city probably cannot afford to
pay a salary demanded by an engi-
neer. Already several have been
mentioned including ]. Frank Crab
am, superintendent Of the Kent &
Sussex Fair Grounds. Charles Hop
kins, present Councilman, whose
term expires and who has been col
lecting the water rents and is also
secretary during the past year. Err
nest Raughley, local business man
and secretary of the Kent & Sussex
Fair Association. L. G. Markert for
mer Councilman, who is now home
from his railroad position in Penn
sylvania with a fractured limb. It
is believed that Mr.. Markert who
made an excellent Councilman is best
Milford chronicle., 1936-01-10

fitted for the position. Mr.. Markert
has agreed to accept the position
should he be appointed. An over
flow crowd is expected to attend
the annual citizens meeting to be
held on Friday evening at 7.30 o'clock
at which time nominations will be
Milford chronicle., 1936-01-10
Does Bladder Weakness
WAKE YOU UP?

Make this 25c test, Remove the cause
Use buchu leaves juniper OIL etc. e
flush out excess acids and impurities
which CAUSES irritation that results y
restless nights burning, scanty now
frequent desire. or backache. ASK W
bledder lax. They work on the bladder
Similar 10 castor Oh on the bowels. ~
four days n not pleased any drnggisi
win refund your 25c. Frank p. Brere.
ton. DRUGGIST. Milford. Del Sharp and
Fleming. Harrington, Del, aaN
Milford chronicle., 1936-01-10

made for the election. One can az
ways look for excitement at the an-
nual election here. even with no pare
ticular issue at stake.
See your Chiropractor. Dr. Anna
X. Gregorius, Milford lt
Milford chronicle., 1936-01-10

Elma Delema Brittingham. daugh-
ter Of Mr.. and Mrs. Ralph Britting-
ham Of Milton. aged years, 6 months
and 16 days, lost her life by the aeci-
dental discharge Of shotgun at her
home on January 4th by a playmate.
Her funeral was held at Zion N. y.
Church Tuesday Jan. 9TH. Interment
in cemetery adjoining church. She
leaves three small brothers and sis
ters and many relatives and friends
Rev Hecc officiated
See your Chiropractor DR.. Anna
X. Gregorius, Milford II
Milford chronicle., 1936-01-10

See your ChirOpractOr. DIR. Ann;
X. Gregorius, Milford. l
The Daily Alaska empire., 1936-04-29
PRICE HIGH MAN IN REPUBL ICAN RACE FOR HOUSE
Harry Race, Hanford Hen ming, Jack Wilson Next
 Mrs. Hermann Trailing

With "A of the 54 primaries in the First Division reporting, returns from yesterdays primaries show Frank D. Price of Sitka leading the field of five running for seats in the Territorial House of Represen- tatives. Harry Race of Ketchikan to second, Hanford Henning of Ket- chikan third and Jack Wilson of Juneau fourth. Mrs. Mildred Her mann of Juneau was trailing in fifth. Four highest are to be nom- mated.
 Price ran up a nice lead from the start when Juneau precincts first began coming in last night and in the "A precincts which include Ju- neau, Ketchikan, Petersburg and Wrangell, had amassed 799 votes. Race had 707 Henning 65l, Wilson 639 and Mrs. Hermann 579. Price and Race appear fairly sure of the nomination with the race for the other two positions resting between Henning, Wilson and Mrs. Her mann.