davidaulloa/AmericanStories huggingface dataset:
Evening star., 1937-11-28
COTTON RECEIVERS
8 TO 4 POINTS,;
HEDGES LIMITED
Small Volume of Selling Re-
fleets Growth of Loan
Holdings.
BY the Associated Press.

NEW YORK, Nov. 27.-Cotton ral-
lied further today on foreign and
commission house buying, prompted
partly by strength Of the stock mar
ket. March advanced from $40 to
S.l9 and closed at 817, with final
prices 8 to IA points net higher.
The market opened Z to 9 points
higher. There was some speculative
demand as we'll as covering, appar-
emily rejecting further indications of
Washington efforts to aid business re-
covery. Net gains of IL to Is points
attracted realizing and hedging, but
the market met renewed support to-
ward the close.
The relatively large amount of cot
ton going into the loan. which to-
tailed 2,6479l9 bales through Novem-
Der rs, was reflected in the restricted
amount Of hedge selling. The amount
OF cotton on shipboard awaiting clear
ance at the close of the week was esti-
mated at 10000 bales, against 21o, 900
last year and 285 1000 two years ago.
The range follows:
Evening star., 1937-11-28
FARM MACHINERY
FIRMS CAUTIOUS
Production and Sales Placed
at AN-Time Peaks as
Year Nears End.
By the Associated Press.

CHICAGO, Nov. 27-The farm i'm
plement industry. nearing the end of
a record-breaking year, with produc-
ton and sales estimated at all-time
peak levels, is casting a wary eye
into the future
There is nothing particularly omi-
nous in the outlook today. said econ
omists who study the farm picture
They profess to see nothing to tndi-
cate 1888 will not also be a good year,
the current business recession not
withstanding.
Farm income and farm purchasing
power are factors these economists
watch closest Farm income of ap-
proximately $4,000, 100000 this year,
II per cent higher than in 1886 and
the highest since 1929, was the basis
for the industry's peak Of operations
Various private estimates place the
industry's wholesale domestic sales of
farm equipment this year above $780,
100000. This could be compared with
s409 .000, 900 last year. s301 900, 900 in
1885 and less than $120, 100000 in 1882
Production has been estimated 25 per
cent larger than in 1886 and a shade
above the 1929 peak of s6O6, 900 900.
In 1882 production totaled s117,-
900 900.
What farm income is in 1898 will
be governed by a myriad of factors
outside control of implement makers.
Prices, Government farm policies,
benefit payments, weather, crops and,
finally, cost Of things farmers buy
will be in the picture which potential
purchases of farm equipment must
consider.
Prices of some major commodities
have slumped sharply. Economists,
however, believe farm income will not
be affected materially by this, mas
much as there Is more grain to sell
and increased grain supply is expected
to increase the live stock supply.
Evening star., 1937-11-28
BY LEONARD ]. REID.

BY Cable to The Star.
LONDON, Nov. 27.-The past week
in the financial district, which opened
with the deepest depression in many
months, closed with firmer prices all
around and with sentiment generally
expectant that a turn of the tide was
begun.
However, prophecy as to the near
by trend is nowhere attempted, since
Wall Streets course is still the domi-
mating factor. and here it is felt that
the threat of Chairman Douglas Of
the S. E. C. to the stock exchange
counters the effects of President
Roosevelt's hints of a more accommo-
dating policy toward the utilities.
The best features here are a steady,
small recovery in many leading COM
modities and the influential nature
OF buying good home equities. This
buying proceeds from insurance COM
panies and trusts. both old and new,
and gives important evidence of the
growing conviction among high placed
observers that the bottom has been
Evening star., 1937-11-28
INVESTMENT COMPANY
STOCK INDEX DECLINES

Special Dispatch to The Star.
NEW YORK, Nov. 27.-Investment
companies common stock prices de-
clined last week, according to the
averages compiled by Distributors
Group, Inc.
The average for the common stocks
for 10 leading management COM
panies Influenced by the leverage fac
tor stood at 1887 at the close of
November rs, compared with l1.56
on November 49,,
The average of five mutual type in
vestment funds closed at 1925 on
November 26, compared with 1912 on
November 19.
Evening star., 1937-11-28
WOOL MARKET QUIET
AT BOSTON IN WEEK
By the Associated Press,

By the Associated Press.
BOSTON. Nov. 27 (U. S. Dept. of
Agriculture) domestic wools were
quiet in the Boston market the past
week. Nominal quotations were easier.
Some holders made further adjust
ments in asking prices in line with
recent small purchases in this country
and with prices in foreign markets.
Greasy combing length Ohio fleeces
were quoted nominally 81 to 80 cents
in the grease for fine delaine, 34-35
for staple combing lengths half blood,
1924 for three-eighths blood, and
1888 for quarter blood.
Evening star., 1937-11-28
NIAGARA SHARE VOTES
PREFERRED DIVIDENDS
by the Associated Press,

by the Associated Press.
NEW YORK, Nov. 27-Directors
of Niagara Share Corp. of Maryland,
an investment concern, today author
lied payment of IS cents share on
class "B" common stock, and the
regular quarterly dividend of $1.5O a
share on class "A" preferred, both
payable December "a to holders of
record December T.
A payment of IS cents was made
six months ago on the "B" common
and q year ago, so cents.
Evening star., 1937-11-28
WHEAT FUTURES
ARE UNABLE TO
MAINTAIN RISE
Close Unchanged to 5s Down
After Buying Spree in
Early Trading.
BY FRANKLIN MULLIN.
Associated Press Market Writer.

CHICAGO, Nov. q lP).-After an
early buying spree stimulated by
strength in securities evaporated, the
wheat market today was unable to
rise above Fridays close and when
trading ended was unchanged to 81
lower.
Prices were lifted about l cent a
bushel the first few minutes, but this
was soon lost when buying contracted
and values at times fell as much as
flve-eighths of cent below the previ-
ous finish. Most of the session prices
huctuated nervously in a quiet trade.
Ihe market lacked leadership.
Weakness at Buenos Aires, where
wheat closed 7s to 11s lower, tagging
export business in domestic wheat
and failure of Liverpool prices to re-
f1ect fully yesterdays upturn here were
bearish factors. Reports of moisture
IN the domestic Southwest and fore
cast Of additional precipitation de-
pressed July wheat. which was the
weakest of the three contracts.
Liverpool Values Ease.
Wheat closed unchanged to 81 off.
compared with yesterdays finish: De-
cember, $685.; May, S97s-90; July,
85is-}4; corn, a down to "a up; De-
cember, 53Ss; May. 56la-s.; July,
57i2-ss; oats unchanged to "a higher:
December, 30as; rye, 7s-2s lower: De-
cember IS; lard, S to IL cents down.
Liverpool prices eased after a sharp
upturn at the start and closed 7s-1a
cents net higher, whereas they were
due l7s to 2ss higher on the basis Of
yesterdays close here. Declining
freights and December liquidation af-
fected the British market.
Locally very little export business
was confirmed either in Canadian or
United States wheat, but reports from
(See WHEAT, Page E-2)
Evening star., 1937-11-28
PHILADELPHIA PRODUCE.

PHILADELPHIA. Nov 81 R.-Live
poultry: Fowl. Plymouth Rocks. fancy.
ems Plymouth Rocks, fancy. 1926.
Dressed poultry: Turkeys Northwestern
toms, 1925. Western, young hens. 25-27:
toms. 1925. Southwestern young hens.
24-25; toms. 1924; virginia young hens,
27,2S; toms, 26-26. Geese. Western. %.
:, Wheat-No. 2, garlicky. November de-
Eggs weak. 3.736 cases. Extras, whites.
33-aS; brown, 1894: standards. and
9. 30-S2: > ana !. $500; trades. 32-26:
standard. 22.26.s :
Evening star., 1937-11-28
NEW INCREASE SEEN
IN EXCESS RESERVES
BY the Associated press

By the Associated Press.
NEW YORK, Nov. 27-Excess re-
serves increased for the third con-
secutive period during the week ended
November "a.
The upturn reflected a substantial
curtailment of outstanding industrial
and agricultural loans-which re-
duces deposits somewhat-financial
quarters said.
Reserves above the legal minimum
reported by the Federal Reserve
Boards credit statement, compared as
follows:
week ended Nov. 24---$1, ,140, ,000, 900
Previous week--------- 1,100, 0,000, 900
same period last year. 2,2l0,O0O, 900
Evening star., 1937-11-28
HIGHER net REPORTED
BY COLUMBIA PICTURES

By the Associated Press,
NEW YORK, Nov. 27-Columbia
Pictures Corp, and subsidiaries, re-
ported today net profit of $l47,3l1
for the quarter ended September IS,
equal. after dividend requirements on
the preferred, to ~ cents q share on
34s,4SS shares Of common outstand-
ing. This compared with $129,25S,
or 26 cents on 296, $40 shares, for the
corresponding quarter last year.
Evening star., 1937-11-28
REGISTRATION STATEMENTS.
By the Associated Press.

Registration statements for new securi-
ties filed today with the Securities Com
mission included:
Evans Wallower Zinc. Cardin, Okla.
81. .495 shares of S5 par common stock. for
working capital. etc. under plan of reor-
underwater named.
Saco Lowell Shops. Boston, $3.50, ,424
shares Of SIS par common stock, 71,151
shares of $50 par 81 cumulative class A
convertible preferred stock. 58.s02 shares
of $50 par 81 cumulative class B con-
yertible preferred stock: for stock ex-
ton. No underwater named.
Evening star., 1937-11-28
Building, Steel and Other
Heavy Industrial Shares
Lead.
UTILITIES IN DEMAND,
WITH ACCORD TALKED
Emphasis Placed on Hopes for
Early Resumption of Forward
Business Movement.
WHAT STOCKS DID.
BY FREDERICK GARDNER,
Associated Press Financial Writer


NEW YORK. Nov. 27.-Belief de-
velopments in Washington would soon
be turned into concrete aid for busi-
ness brought a bull drive today in the
stock market, and leading issues ad-
vanced to S points.
Building material steel and other
heavy industry issues led in the short
Saturday session rally-refiecting Wall
Streets hopes President Roosevelt's s
housing message to Congress Monday
would open the way for revival in the
construction industry.
Utilities were in demand as traders
hopefully weighed the prospects of a
peace pact" between private power
companies and the administration.
The usual business indices still pro-
trayed cloudy picture. but apparently
financial circles had already dis
counted the recession side and were
placing emphasis on prospects for an
early resumption Of the recovery trend.
Traders were encouraged by reports of
increased inquiries for steel. Some
thought they pointed to an upturn for
steel, following the extraordinarily Sc
we're decline since September.
The rally with Fridays gains wiped
out most of the losses early in the week,
before the Thanksgiving holiday. The
Associated Press average of so stocks
closed at 1850. a gain of 2 points. The
average week ago was 44.3. Transfers
were l,l4l, ,230 shares, compared with
1882, l001ast Saturday.
Building supply shares were particu-
larly active throughout the session.
United States Gypsum was up points
at Sc and Johns-Manville 5ls at 1874.
Also conspicuous in the advance
with gains OF to were United States
Steel at 555s, Bethlehem, 50sa; Gen.
eral Motors, 361a; Chrysler, 59h;
Montgomery Ward. 3e3s; Harvester,
"a; Allis Chalmers. 45Ha, and North
American, 23A.
Rail Bonds in Demand.
Bond market traders showed a brisk
preference for medium and low priced
rail loans. These recently depressed
issues we're bid up to around 3 points
in many instances.
Rails were favored. some Wall Street
men said, on the theory Government
plans for building revival would help
carrier traffic.
Some Of the wide gamers included
Baltimore & Ohio As at 70, Nickel
Plate 4l2s at 81, Illinois Central Is
at ~ and Southern Pacific Is at 8slb.
Substantially ahead also were loans of
Erie, Great Northern, New Haven and
Southern Railway.
In other cateeories advances were
general, but mostly not spectacular.
United States Government issues
were narrow.
Curb Market Improves.
A bullish sentiment prevailed in the
curb market, with building supply is.
sues in particular demand. Prices gen.
orally rose fractions to 5 points or
more
Largest gains were made by Alumi-
mum Co. OF America, up 6l2 at 80,
and Sherwin Williams, 5h higher at
1894.
OH shares up fractions to 2 point,
included Gulf at 38l4; international
Petroleum, 303s; Creole, 24ss; Pante.
pee Oil, 40, and Cosden Petroleum,
as.
Utilities also were in demand, with
Electric Bond & Share II higher at
12Ha. Newmont gained 31s at 6a1z
and other mining shares made smaller
gains.
Evening star., 1937-11-28
Pepco Exempted
From Filing on
S5,OOO,OOO Issue
By the Associated Press.

0S tIIe ASSUCIHteu FIeSh.
The Securities Commission yester-
day exampted the Potomac Electric
Power Co. from filing a declaration
with the commission in connection
with the issuance and sale Of s., ,000, 900
Of its first mortgage bonds, 81 per
cent series due 1866
The bonds are to be sold at private
sale to the Metropolitan Life Insur-
ance Co.
Evening star., 1937-11-28
NAVAL STORES.

SAVANNAH, Nov. 81 Pp.-Turpentine
rm ,nt, ~ sales soeE les rssspts Ras ssS fnD 1
sales. 40; receipts. 1889; shipments.
1,106: stock, 81. $40.
s,9uot quote 2, P Z 5.oq-5 is. g, 6.eSs-
$50; N. 5.S5; VIC. $40: WV. X. 6.75.
Evening star., 1937-11-28
New Orleans Prices,

Cottonseed oil closed steady. Bleached
prime summer yellow. 100. nominal: prime
crude. $780, 90. December, 662b: Janu-
ary. 6.S4b: March. 665b; May. 661b;
July, 6.75.
Bid. ASKED.
Evening star., 1937-11-28
RAW HIDE FUTURES.

NEW YORK. Nov. 81 R-Raw hide
futures closed steady As to 81 higher:
sales, 4.96O,OOO pounds; December, S.97b:
March. 9.31: June, 9.62. Bid.
Evening star., 1937-11-28

CottonSeed Oil.
Cottonseed oil was fairly active and
prices higher today. ENCOURAGED by re-
ports the Government agency is now buy
lne crude OF! to reduce surplus stocks.
advances of 16 to }2 points were estab.
llsned ana there were partial setbacks.
Wlth nnal prices to p points net higher.
sales. ISL contracts Bleachable SPOT
nominal December closed I'll. January
1.l@. March 1.12. May 1.l5. July 20,
New Orleans Prices,
NEW ORLEANS. Nov - ,R.-Cotton
to points W
Evening star., 1937-11-28
NEW YORK SUGAR.

NEW YORK, Nov. 81 R,.-Raw sugar
spot price was quoted points lower at
3:39 today. based on sales concluded late
Friday. These included 2.779 bags Of
Perus at 3.35 and $3.50 at 3.33, for early
December arrivals.
Futures were inactive. but the undertone
was steady on . little trade buying and
covering No. 4 closed unchanged to IL
higher. with March selling 1.14h and
September 1.22 on sales Of $50 tons.
for fine sranulated, with moderate with
sepse%s.F -------- a3S s.sss s.sssSS
Evening star., 1937-11-28
LONDON BAR SILVER.

LONDON. Nov. 81 R.-Bar silver.
equivalent to 44.25 cents0
Evening star., 1937-11-28

(See WHEAT, Page E-2.)
Imperial Valley press., 1937-04-13
OWNS
OLD VIOLIN

NIAGARA FALLS. N. Y. UP
John w. Williams, amateur painter
and poet, and collector of anti
ques. is the posSeSsor of a violin.
which he says once belonged to
the famed Norwegian violinist
and philanthropist, Ole Bull.
The discovery of the old instru-
ment came about by accident. While
rummaging and cleaning one of his
antique dressers, Williams chanced
upon secret drawer, which re-
Vealed the violin, wrapped in an
1879 issue of a Buffalo newspaper.
Inside the soundbox of the violin
are the markings: Antonio Strad-
iVarius Faciebat Ammo, 1923"
On the base end of the instrument
is the name, "Ole Bull" williams
intends to have the violin apprais-
| ed.
Williams lives in a massive house
overlooking the Niagara River
1t was built more than 80 years
ago and is one Of the few remain
ing landmarks of the former village
of La Sale. His collection includes
such items as a huge picture of
Shakespeare, an ancient clock,
which is made entirely of wood
a cedar hitching post and a host
of early American furniture.
Imperial Valley press., 1937-04-13

Cobb and George AIDE are the only
ones left. Cobb is so busy with his
radio and movie chores he doSen't
write much any more and Ade can
no longer be induced to turn in
special stuff. There are number of
cynical funny men left but there is
venom to their humor and usually
person or treasured institution. And
this is the sort of humor that will be
little remembered by posterity
Magazine editors say that not in
their memory was there such a
demand as now for humor that
brings the quiet chuckle and with
out sting. Those who develop this
form will have an instant and
constant market. American mag
azines are turning to England for
their lighter material.
1nterlude with philosophy: They
hoped off their taxi seats in the
Biltmore cab line swinging vicious
ly at each other. Then they circled
about in slaver-mouth glowering
rage until one said something to the
other that made them drop their
defenses, and soon they were lean
ing against post exchanging
cigaret lights and friendly talk
Them boys has more sense than q
lot of people and most nations
said the corner cop.
Imperial Valley press., 1937-04-13
EVEN LITTLE BELGIUM
IS NOT IMMUNE

Fist fights and angered rivalry mark
ed an election this week in Belgium,
where the liberal premier was returned
to office by an overwhelming vote over
his opponent, a Fascist candidate. 1t
is too bad that Belgium, usually one of
the sanest of nations. should be the
scene of a Fascist attempt to gain pow
er, but it is encouraging that the Bel
gians had sense enough to turn down
the Fascists.
FasciSm is an extremist doctrine, as
bad as Communism. Bitter enemies, yet
Fascism and Communism, in the end,
achieve the same purpose. Both enslave
the people who live under their parti-
cular doctrine. Both are foes of sane
government as it is understood in the
United States Yet, once seeded in a
continent. they seem to grow alarmingly
among the illiterate, ignorant and mar
row-minded.
1t should be our fervent hope that
neither doctrine ever gains official foot
hold on this continent.
Imperial Valley press., 1937-04-13
BRINGING
ALL THE NEWS
TO IMPERIAL
VALLEY
A NATION OF PEOPLE
WHO KNOW THEIR BUSINESS

The American public is finding out
that there is more to its newspapers
than day to day tale of scandal. crime
and politics. 1t is discovering that the
newspapers are a mirror of everyday
history-that today's story from Wash
lngton is not merely a thing of today.
but something connected with yesterday
and having a direct influence on tomor-
row. The public is learning to distin-
gulsh the forest from the trees.
One of the greatest influences on a
new public enlightenment has been the
great number of columns introduced in
the last few years through newspaper
columns. The News Behind the News"
column on this page is a good example.
Reading these columns as a supplement
to news reports, the public is beginning
to realize more fully than ever before
he great scope of events, the trends
that are reflected in the daily news
paper stories.
1t can be said of Americans today
that they are the best informed people
in the world on national and interna-
tional affairs. This is one trend-the
trend toward greater knowledge among
Americans-that will benefit the en-
tire nation endlessly in years and gener-
ations to come.
Imperial Valley press., 1937-04-13
Strolls Thru Hollywood

critics ordered it printed thus Z
Metromen are also having their
troubles pleasing all Of the people
all of the time. When production of
the Don Marquis play "Old Soak
began, studio drew a flock of pro-
tests from prohibition groups. AS
a concession studio changed the
title to Good Old Soak" and now
beefs are pouring in faster than
ever because it gives drunk
sympathetic buildup.
Gary Cooper and George Raft
are back at work on Souls At Sea-
again, and will continue at least
month. With the picture virtually
finished, producers decided to sub
stitute a new ending, then added
another opening sequence. Produc-
tior las been under way five
months II begins to hook like a life
work.
Tenor Allan Jones started some
thing installing violet lamps
in closets of his new home Contro-
versy whether or not ultra rays will
kill moths has embroiled half the
town and no decision in sight.
Warmers have pulled Panama
Canal off the dusty topmost shelf,
and will cast Paul MUM in it as
soon as he finishes STORY Of Emile
Zola" Story has been kicking
around over year Meanwhile
camera crew has been sent to
Yuma to shoot steam shovels az
play on the "All American CanallC
an irrigation project.
X \ X
Sailor Buddy EbeSen is taking a
big rib because he started out to
christen his new boat and succeed
ed in christening himself. Perched
on the prov of the Star Sailor with
champage bottle in hand, Ebesen
stopped to wave TO his wife, and
fell plop in the harbor.
Imperial Valley press., 1937-04-13

X 4 X
Many high-poWered executives
uptown these days have their office
shower into which they step after
finishing a busy day. The first
shower of this sort was installed by
Winnie Sheeham at his film offices
on Tenth avenue. Then there is the
army of masseurs who call around
8 a. m. on the biggites in their hotel
or apartment, suites or private
homes to give them brisk rubdoWns.
Incidentally, physical culturists say
the most perfectly conditioned
business man in town is the dapper
ard polished jeweler, Jules
GlaenZer.
The most tireless walker in town
continues to be the stalWart
DR.. John H. Finley, associate editor
of the Times. He has been a walker
all his life and his physical fitness
is proof of the value of such simple
exercise. He always heels off five
miles every day, aside from the
ordinary steps his duties require.
And once a year he walks the entire
distance around Manhattan island.
John D. Jr is a confirmed walker,
ticking off several miles every late
afternoon.
The begging buSineSS-SaVe for
the hopeless cripples whose plight
is obvious-haS come almost to a
full stop in New York. cannot
remember encountering a moocher
in the past two years, whereas
before that they were generally
several to the block, especially after
dark Many causes contribute. to the
abandonment. The propaganda of
charity societies that to give aims
on the streets defeats their high
aims is the biggest factor. Next, of
course, are the known relief
agencies and the general knowledge
that no one is to go hungry in this
country. Lodging houses on the
BoWery that used to house profess
ional mendicantS say all their
patrons have given up the calling
y
They were tolling off humorists
who are no longer of this world a
literary luncheon the other day
Such as Ring Lardner, Kin Hub
bard, Will Rogers, Rennold Wolfe
Chic Sale, George Fitch, H. c
WitWer and several others whose
names | did not jot down. irwin