davidaulloa/AmericanStories huggingface dataset:
Evening star., 1937-10-21
CONGRESS TO HOLD
MAJOR ATTENTION
Market Decline Produces
Extreme Caution in
Many Lines.
By the Associated Press.

NEW YORK, october 21.-With
Wall Street seeming today to be gain
ing strength after its latest case of
market jitters, business men and in
dustrialists generally are giving much
thought to the special session Of Con-
gress, and the regular session which
convenes in January, in formulating
policies for coming months.
To Judge from the past. much will
IS, the opening day of the special
session, of business desires for changes
in the tax structure.
Critics of the present system of
taxation-and they include proponents
as well as opponents Of the broader
purposes of the New Deal admins
tration-seek repeal or modification of
the capital gains tax, the undistributed
profits penalties and the excess profits
levy.
If there were something tangible
done in the way of notifications or
changes in taxing methods, these
critics say, this, in itself, would be a
contribution of value to that somewhat
intangible substance known as "busi-
ness confidence"
All this, naturally, is part Of the
long-term thinking and planning. A
problem Immediately at hand is the
necessity of appraising the effects of
the sharp decline of stock and COM
modify markets in recent weeks upon
spending, particularly with the holiday
season not so far away.
Some retail sales organizations in
New York City already have advised
clients to reduce their inventories,
while in the steel industry buying is
frequently on 'hand-to-mouth"
basis. Throughout many lines there
is a marked hesitancy on forward
buying. Wholesalers have especially
noted buying reluctance on the part
of retailers.
The general attitude is one of
caution in numerous enterprises for
the time being.
Evening star., 1937-10-21
Steel Ingot Rate
At Lowest Point
Since March. 1886
BY the Associated Press.

BY the Associated Press.
CLEVELAND. October 11.-Daily
Metal Trade said today:
"Steelmaking operations currently
are at the lowest point since the Sec
ond week in March, 1886. Continuing
the accelerated decline, uninterrupted
for five weeks, the national ingot rate
this week dived 6 points. carrying the
daily metal trade index to 56 per
cent of capacity at midweek.
whether the bottom of the decline
is being approached is uncertain. New
business is developing in some direc-
tions in little better volume, but
bookings continue insufficient to offset
shipments and mill backlogs still are
declining. In some quarters, the opin-
ion is held operations will fall below
so per cent before the trend is re-
versed."
Evening star., 1937-10-21
3S the Associated Press.

BY the Associated Press.
NEW YORK, October 21.-The bond
market marched into higher ground
today, continuing yesterdays general
advance.
In the van were railroad issues,
showing gains up of around 81 points,
but industrial, utility and foreign liens
also moved forward, in step with the
leaders. United States Governments
were 1925 of a point higher to 1882
lower.
AS the noon hour neared, Illinois
Central 434s, Southern Railway As,
Erie SIS, Baltimore & Ohio convertible
AIS and Southern Pacific 4l2s were
up to or SO.
A point or more higher were Allie
ghany IS of 1949 and SIS of 1850,
stamped, American & Foreign Power
IS, Western Union SIS and Youngstown
Sheet & Tube as.
Among foreigns, Italian Is and
Abitibi Power & Paper IS were each
up around 3 at one time. German rs
gained around point and Uruguay
IS closed to points. Belgium IS
sagged point in the second hour.
Evening star., 1937-10-21
STEEL SCRAP DECLINES.

NEW YORK, October 81 LPD-Dow,
Jones & Co. said late yesterday in a
Pittsburgh dispatch No. railroad
scrap was eown 81 to s17-S17.50 a
ton. The cut follows the drop of 81
ton in regular No. heavy scrap
Tuesday. Railroad scrap commands
a 81 premium over the regular grade.
Evening star., 1937-10-21
Air Travel Scars
To New All-Time
Peak in September
BY the Associated Press.

py tic hoooCinbcd
CHICAGO, October 21.-The Ma
tion's commercial airlines few 47,150,-
6l6 revenue passenger miles during
September setting an all-time record
over any previous month, the Air
Transport Association of America re-
ported last night.
The association said the September
figure was 2l.1 per cent greater than
that of September. 1886, and ST per
cent better than August of this year,
the former record month.
The association reported the coun-
trys airlines have flown 310,660, Asa
revenupe passenger miles in the first
nine months this year, figure 1873 per
cent better than the comparable period
Of 1886.
Evening star., 1937-10-21
REGISTRATION STATEMENTS
BY the Associated Press

Registration statements for new securi-
ties filed today. with the Securities Com
mission included
International Paper & Power Co.,
Boston 1.347,749 shares OF SIS par value
common stock and 2.324405 shares of
500 par value per cent cumulative con-
vertible preferred stock, under plan of
reclassifcation; no underwater.
General Discount Corp. Atlanta. Ga,
S3g3,360 of $50 per cent cumulative
convertible preferred and class no par
value common stock, for working capital;
underwater, Grant & Co.
Climax Engineering Co. Chicago, Sl44.-
$50 of 5 per cent first mortgage sinking
fund bonds due 1914. and S11,250 of 81
par value common stock. for debt pay
ments and working capital; underwater,
Scott, Mcintyre & Co.
Motors Securities Co., Shreveport, La,
S100O.000 of collateral trust notes, for
working capital: no underwater.
Evening star., 1937-10-21
DIVIDEND OMITTED
BY JOHN R. THOMPSON
BY the Associated Press.

BY the Associated Press.
CHICAGO, October 21.-John r.
Thompson Co. directors yesterday
omitted the usual dividend on COM
mon stock.
"Out OF the surplus built up during
periods of profitable business the COM
pany has maintained dividends during
deficit years" John r. Thompson,
jr, president of the company, said,
but prudence dictates that this poll
icy should be discontinued until such
time as conditions are stabilized and
warrant resumption of payments"
Evening star., 1937-10-21
ADVERTISING LINEAGE
HOLDS ABOVE YEAR AGO
BY the Associated Press.

BY the Associated Press.
NEW YORK, October 21.-News-
paper advertising lineage in Sep
tember was rs per cent greater than
in September. 1886, the monthly in
dex of Printers Ink indicated.
September's gain over August was
0.3 of 8 cent, the magazine said.
Lineage for the third quarter in
creased &c per cent over the COM
parable period of 1886.
Evening star., 1937-10-21
ABBOTT NAMED HEAD
OF AMERICAN SUGAR
By the Associated Press.

BY the Associated Press.
NEW YORK, October 21.-Joseph
F. Abbot was appointed chief eXecu-
tive officer of the American Sugar
Refining Co. yesterday, succeeding
Earl D. Babst in that capacity. Babst.
who has been chief executive officer
since 1915, will continue as chairman
of the board.
Evening star., 1937-10-21
SlO,Ol3,O33 Earned
By Union Carbide
In Third Quarter
By the Associated Press.

By the Associated PreSS.
NEW YORK. october 21.-Union
Carbide & Carbon Corp, with plants
through the United States and Can
ada, reported third quarter net income
of s10,o13,033, equal to Sill a share
of capital stock.
This compares with S10,505,149 or
$118 a share. in the proceeding quarter
and S8.111 1897, or 81 cents a share, in
the corresponding period of 1886.
Evening star., 1937-10-21
NEW YORK BANK STOCKS
NEW YORK. October 81 LPp.-Over-the
counter market, bank and trust companies
U. S. TREASURY POSITION.
By the Associated Press.

The position of the Treasury October
10: Receipts, S15.729. .262.79 expenditures,
275,4a5.l4: balance. S2.73S.7 49,
141O1: customs receipts for the month.
S23.104 ass. so. ,-
- S1.S7S. 1s0,991. II: expenditures. So. :
357. .222 549.55, including S635.264. 100.14
of emergency expenditures; excess OF
S36,q46. 7I3, 332 90. an increase of $780,
S93'27 over the previous day: sold assets.
SI2,7el Ala 363 13. including S1.259,9ll,-
1370S of inactive gold.
Evening star., 1937-10-21
RUBBER FUTURES.

NEW YORK, october 81 lP-Crude
rubber futures opened steady. IL to IS
higher. December, 16.l2-I4; March,
16.14-20; May. 1G1S-22.
Evening star., 1937-10-21

proportion of the banks reserve to liabil.
ity is 2S.1 per cent, compared with @4.t
last week:
Evening star., 1937-10-21
MONTREAL SILVER.

MONTREAL, october 21 lEY.--silver fu-
tures opened steady. to 10 lower. Oc-
tober 44.55b December, 44.55b: March
&4.00b. Bid.
Evening star., 1937-10-21

Motorists In Australia are urging
further reduction Of gasoline taxes.
Evening star., 1937-10-21
LONDON BANK REPORT

LONDON. october 81 QP.-The Bank
of England statement for the week enolng
~ Of r1OnndS).
Evening star., 1937-10-21
CORPORATE BONDS
CONTINUE CLIMB
Railroad Issues Take Lead.
Industrials, Utilities
Also Improve.
Bond Averages
10 Low Yield Bonds.
Also Improve.

10 Low-Yield Bonds.
Noon - 1881 Prev. day 1880
Month ago 1890 Year ago 1929
1887 high 1877 1887 low 1915
1885 high 1855 1886 low 1902
1928 high 104.4 1882 low 86.8
Compiled by the Associated PressD
Evening star., 1937-10-21
FOREIGN EXCHANGES.

fouotations by w. B. Hibbs g. Coz
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1937-07-27

The Hecht Co. makes grateful aeEnowl-
edgement to the following firms who
contributed in so large a measure to
the beauty and utility of the
new service building
Abbott. Merkt & Co., New York City.
Architect and Engineer
Consolidated Engineering Co.. Inc, Washing-
ton, D. c., and Baltimore, Md.
General Contractor
Westinghouse Elec. Elevator Co., Phila.
Elevator Contractor
Sub-C ontrnctoF8s
Warren-Ehret Co., WASH. D. G.
Brennan q Sloan, Inc, New York City.
Capital Materials Co., Wash, D. G.
Deslauriers Steel Mould Co., Inc, Jersey City,
New Jersey
Detroit Steel Products Co., Wash, D. c.
R. L. DObynS, Wash, D. c.
Grinnel Co., Inc, Baltimore Md.
G. & II. steel Service, Drexel HILL Pa.
j. Edw. Linch Sheet Metal Works, WASH,
D. C.
Morauer HartzelI, Wash, D. c.
Rosslyn Steel & Cement Co., Wash. D. G.
william A. Rogers, Wash, D. c.
Standard Art Marble & Tile Co., WASH D. c.
United Clay Products, WASH, D. G.
Wash. Stair & Ornamental Iron Works,
Wash, D. C.
West Brothers Brick Co., WASH, D. G.
Standard Engineering Co., Wash, D. c.
Barber & Ross, Inc, WASH, D. G.
Hugh Reilly Co., WASH, D. G.
Evening star., 1937-11-25
MRS. WAINWRIGHT.
CIVIC WORKER. DIES
Widow of Rear Admiral Was IS,
She Had Been Active in Chair.
table Organizations

Mrs. Evelyn W. WAINWRIGHT, Is.
widow of Rear Admiral Richard Vain
wright and an active worker in civic
ana charitable organizations here for
q number of years, died yesterday at
her home, 1864 New Hampshire ave-
hue NV.
Mrs. wainwright was member OF
the board of directors of Garfield Hos
pital. member Of the Navy Relief
Society and had taken close interest
In Girl Scout work.
Admiral Wainwright, who died in
1925. at one time was Superintendent
OF the Naval Academy at ANNAPOLIS
The ship which he commanded sank
two Spanish vessels in the battle Of
Santiago Bay.
Mrs. Wainwright is survived bv q
daughter, Mrs. Walter Stevens Turpin:
son, 1t. Comdr. Richard Wainwrjpht
U. s. ~, retired; nephew, Comdr
Alexander Wotherspoon, on duty at
the Navy Yard here: two grandsons
Paul Wainwright and Stevens Turpin
and three granddaughters, Miss Fran
ces Turpin, Mrs. Frances Mosley and
Miss Frances Wainwright.
Funeral services will be held at II
am. tomorrow at St. Johns Episconal
church. followed by burial in Arlinp-
ton National Cemetery.
Evening star., 1937-11-25
PENNSYLVANIA RAILS
EXPECT RATE BOOST
Given Warning, However, They
Must Await Formal Rate
Announcement
by the Associated Press.

aBy the Associated Press.
HARRISBURG, Pa. Nov. 25.-
Pennsylvania rail carriers. anticipat-
ing the Public Utility Commission
will decide within a week whether
to permit higher freight rates within
the State, were held back from an
immediate boost in charges today by
warning they must wait for the
commissions announcement.
Denis J. Driscoll chairman of the
P. U. c., made the announcement
yesterday after an all-day hearing in
which lndustrialists from West Vir-
ginia Joined Pennsylvanians in dis
russing the probable effect Of in
creased rates on business.
Spokesmen for Carnegie Illinois.
Jones e. Laughlin, Bethlehem and
other large steel concerns spoke for
the increase, as did executives of rail-
road lines operating in PENNSYLVANIA
Maryland, West Virginia and neigh
boring States.
The commission emphasized that
pennsylvania was interested, first, in
cutting the differential on coal
shipped to New England markets.
Commissioner Richard j. Beam
1sh declared the fact that coal can
be shipped more cheaply from South
ern coal fields than from Pennsvl-
vanla had ruined many soft-coal coun-
ties.
Evening star., 1937-11-25
BANDITS GET $500
IN FOUR HOLD.UPS
HOUSEKEEPING Also Reported in
Days Crimes-Auto Taken
and Found Abandoned

Four hold-ups and housebreakinp
in the last "a hours yielded cash and
JeWelry totaling nearly $500, according
to reports made to police.
Fred B. Davis, proprietor Of a liquor
store at 1850 U street NV, said he
was robbed of $3.50 by two colored men
who accosted him at Fourteenth street
and Wallach place NV. early today.
Seth E. Bishop, manager of a filing
station at TOO Rhode Island avenue
NV, reported losing S71 to two COL
ored men who left him locked in q
wash room.
Thurlie d. Cook, manager of a clean
ing establishment at 1918 Fourteenth
street NV. was robbed of s34 by a
colored man who confronted him as
he was closing for the night.
Willis E. Dolph, Lorton, Va. told
police he was robbed of s28 and his
automobile as he was about to get
into the Car in the 1900 block OF
Twelfth street NV. The car was
found abandoned later in an alley near
Fourteenth and r streets NV. Dolph's
billfold. still containing Sc, was dis
covered in the tOnneau.
The housebreaking was reported BY
Charles J. Byrne, who said his apart
ment at 1873 Trying street NV. was
"jimmied' and S72 and nearly 500
worth of jewelry stolen.
Evening star., 1937-11-25
president SPENDS
HOLIDAY QUIETLY
Roosevelt Works in Morning.
Turkey Is Gift of Arthur
dale Community.
BY J. RUSSELL YOUNG.


Thanksgiving Day was being OBJ
served at the White House in a quiet
fashion, similar to thousands of other
American homes.
President Roosevelt, who is about
recovered from an infected tooth, did
not declare holiday for himself and
/, was busy during the forenoon pre-
pairing the special message on hous-
ing. which he will send to Congress
tomorrow.
Mrs. Roosevelt and her l5-year-old
cousin, Miss Elizabeth Henderson, a
house guest. went for horseback
ride in the brisk morning air.
The Roosevelt Thanksgiving dinner
was scheduled for l o'clock, to be
featured by a l6-pound turkey sent
ito the President from Arthurdale,
w. Va, a part of the Reedville re-
settlement project in which Mrs.
Roosevelt has been interested.
Present at the Thanksgiving feast
will be the Presidents eldest son,
James, his wife and two little daugh-
ters; Miss Henderson and Miss Mar
guerite LIE Hand, private secretary to
the President.
Mr.. Roosevelt's recovery has been
sufficient to receive the professional
20. k Of DR.. Ross T. McIntire, White
House physician, to leave Washington
Saturday night for Today vacation
IN the South, the greater part of
which will be devoted to fishing in the
S6iulf of Mexico
On his return journey the President
will stop off for a day or so at Warm
Springs and Gainesville, Ga.
Evening star., 1937-11-25
ExPECTANT MOTHER
is SWINDLED OF $3.50
Man Posing as "Interne, Takes
$5 as Fee" and Steals
$3.50 Besides.

Police were searching today for q
man who posed as an inferno and
swlndled an expectant mother out of
$3.50 yesterday after having her SUBJ
nit to "medical' examination.
The man called at an apartment
IN the 200 block of Indiana avenue
NV, occupied by machinist and his
wife. already the mother of six. and
announced he had been sent by a
nearby clinic to examine her.
After the examination" the man
asked fee of s18O for his services.
The mother said she did not have the
exact change, but gave him a IS bill
on his promise that he would return
the change along with some medicine
ne said she should have.
She waited in vain for the change
and medicine and went to the clinic.
which denied any knowledge of the
'interne." She returned home tn
find that the man also had taken So. so
from her purse.
Evening star., 1937-11-25
Cardinals
Continued From First Page J

turned punt Sc yards and on the
| next play be passed eight yards to
Guyon, who stepped two yards across
the goal
With only few minutes of the half
remaining, the Gamecocks marched
from their own % across the goal.
First Period.
Early in the period c. U. got the
ball on an intercepted pass on South
Carolina S 27-yard line and combined
line plunges with passes to score, Ricco
Pirri hitting for the last yards.
Cairo place-kicked the extra point
A l7-yard pass, Vidnovic to Munhall,
was the big punch in the scoring drive
Shortly afterward, on a fake reverse,
Lyons, Gamecock captain, rounded the
Cards right flank and ran Al yards
across the goal. Lonchar place kicked
the extra point to tie the score at TT.
The Cards came back strong after
this setback and soon were goalward
flying. Vidnovic threw high-soaring
pass to Munhall for 32-yard gain
that put the ball on South Cardinals
18. Pirro got 3 through the line,
Guyon shot off tackle for 10 and on
the next play Pirro fumbled, the ball
rolling across the goal where Calabrese
fell on it for touchdown. Pirro's
extra point kick was blocked, making
the count, c. u, l3; South Carolina, Z.
Second Quarter.
After S minutes of desultory play.
the Gamecocks put sudden life in the
period with 38-yard pass, Clary to
Grant, that placed the ball on c. Us
80. The visitors were held for downs
when passing barrage failed.
A 56-yard punt return by Munhall
led to another Catholic U. touchdown.
Munhall was run out of bounds on the
Gamecock l0-yard mark, but on the
next play, Munhall passed to Guyon
for the marker. On the extra-point
try, c. U. was offside and Cairos ex-
cellent place-kick was nullified Score:
Catholic u, 10; South Carolina, 7.
Toward the end of the period the
Gamecocks marched p yards, mainly
on passes, to touchdown The scor-
ing play was pass, Williams to Myers,
which gained A yards. Myers, an
end, ran 20 yards after catching the
ball. Lonchar place-kicked the extra
point, making the score: c. u. 10;
Carolina, H.
Third Quarter.
Starting from their own 37-yard
line, the Cards, despite 20 yards in
penalties incurred on the way, reached
the Gamecock 6, but Guyon passed
across the goal for a touchback
The remainder of the quarter was a
puntihg duel with neither team threat
ening. Score-C. u, 20; Carolina, IA.
Evening star., 1937-11-25
EXPANSION POINTS
TO UTILITY TRUCE.
Program Involving Expendi-
ture of $112,OOO,OOO in
Two Years Announced,
BY the Associated Press,

~ AH'S FA"'SSioteu EIcSS,
Announcement of a $4,000, 900 pri-
vate utility expansion program was
chalked up today as the first direct
evidence that President Roosevelt and
power leaders are approaching truce
Floyd L. Carlisle. chairman of Con-
solidated Edison and the Niagara Elec-
tric Power Co., told reporters he and
his associates propose to spend the
$ll2,O00,000 in the next two years.
Utility executives have said they
have a backlog Of more than $4,000
600 900 in new enterprises which they
have hesitated to launch because of
the possibility OF Government COM
petition.
Mr.. Carlisle made his announcement
after conference yesterday with the
President. He said he agreed in large
part with Mr. Roosevelt's views on how
with electric power.
Wendell l.. Willkie, president OF
Commonwealth Il Southern Corp,
declared he would be willing TO ac-
cept the prudent investment" basis
which Mr.. Roosevelt favors for valu-
alton In rate-making procedure.
Mr.. Carlisle represents the Morgan
Carlisle -Bonbright interests, a prom
lnent factor in any utility transactions
IN the East. He did not assume the
role OF a spokesman for the industry,
but those interested In new construc-
ton predicted his views would be
echoed elsewhere.
President Roosevelt previously had
said that the private utilities. with
which his administration has been at
odds, might expect new consideration
II they would alter their valuation
practices.
Most States permit utilities stip-
ulated return on their investment.
The argument has been over how this
investment was to be determined.
The prudent investment" formula
is based on actual investment, adjusted
for depreciation. The fair value"
system, upheld by the Supreme Court
for 80 years. decides the value by the
cost of reproduction, less depreci-
alton.
Evening star., 1937-11-25
Bandits
Continued From First Paee)

grappled, Sheriff R. G. Franey said
and Dwyer, racing down the aisle to
aid his companion. was tripped by a
woman passenger and fell, striking
his head against seat
Passengers Tie Them Up.
Passengers promptly joined in a
general attack on the robbers, and
Smith was shot. The robbers were
quickly overpowered and lashed to
seats, while the train continued to
Hachita, N Mex. Sheriffs deputies
took the captive to Demin9
They almost ruined US" Lorenz
said. They tied us so tight we
couldn't move"
They admitted the hold-up. but
denied they shot Smith" said Sheriff
Franey. "Dwyer is so badly beaten he
can hardly talk
The sheriff said Lorenz. who for
merly lived in Brooklyn. N Y, came
to Deming with Dwyer five or six
weeks ago, and the two posed as cow
boys.
They bought horses in Ell Paso, and
I guess they rode to Deming.' he said
They hung around here until Sun
day, then sold their horses and went
back to Ell Paso."
District Attorney Joseph Hodges
hastened to talk to the prisoners
Franey said charges probably would
be- filed as soon as it can be de-
termined definitely in which county
Smith was shot.
Evening star., 1937-11-25
ARTILLERY BLASTS MADRID.
Score Killed as Heavy Guns Rock Cit,
Like a Storm

MADRID, Nov. 25 CP.-Stricken
Madrid awoke today from another
night Of terror to count its dead and
take stock of material damage from
one of the heaviest shellings of the
Spanish civil war
Like gusty rainStorm the bom-
bardment swept back and forth across
the city last night from the center
to outlying residential sections.
Disastrous as the engagement was
it must have been equally destruc-
tive TO inSurgent big-gun emplace-
mentS. which Madrid defenders
shelled heavily.
First reports were that about q
score were killed in Madrid and many
others injured
The artillery bombardment started
after insurgents had launched All
offensive in the University City area.
Evening star., 1937-11-25
LACK OF ORDERS SHUTS
TAYLOR TIN PLATE MILL
More Than 400 Thrown Out of
Work at Cumberland Factory
Beset by Labor Troubles.

By the Associated Press.
CUMBERLAND. Md. Nov. 25.-Lack
Of orders yesterday forced the closing
of the N and G.. Taylor Tin Mill
throwing more than 400 men out of
work.
Paul r. Steffc. employment man.
ager. said the six hot mills would shut
down at once and other departments
would close as soon as they finished
processing the sheets already turned
out by the mills. He said the plant
would be closed for an indefinite time
The mill was closed by strike early
this year, but later reopened after city
officials arranged a settlement. 1t
closed again in September during a
National Labor Relations Board hear
ing on charges brought against the
company, subsidiary of the Republic
Steel Co, but was later reopened. A
second N. l.. r. B. hearing was COM
pleted this week.