davidaulloa/AmericanStories huggingface dataset:
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
Lesson Text: Numbers 27:l5-23:
Joshua l:l-S: 24:l-3l.

This lesson begins new course
consisting of thirteen lessons,
each one of which takes up some
outstanding leader of Israel,
whose life was successful or a
failure insofar as he followed the
commands of God and had fellow
ship with him. The aim of this
series is to furnish guidance and
enrichment for present-day liv-
ing by following the examples of
avoiding the pitfalls of these
leaders as the case may be.
Our lesson for this week is a
study of the life of Joshua. Sig
nificant is the fact that the name
Joshua" means Gods saliva
ton" and in the Greek language
it was spelled Jesus, the name
of our Saviour. Joshua in many
ways is a type of Christ. He led
Gods chosen people out of the
wilderness into the Land of
Promise, defeating their enemies;
Jesus leads those who will fol-
low him out of the wanderings OF
life of sin, out of the bondage.
out of the darkness, out of the
death that comes as conse-
quence of sin, into a life of plenty
and peace, and power and joy and
freedom as provided by God in
Christ Jesus.
Because of Moses rebellion
against God in the Wilderness of
Yin, God decreed that Moses
would not be allowed to actually
lead the Children of Israel into
the Promised Land. Instead Of
pleading with God for him to
change his mind, Moses prays for
a worthy successor and God points
out Joshua, who had been born
in Egypt, had followed Moses
leading throughout the wilderness
journey and was one of the two
spies who had been sent to spy
out the land of Canaan, to bring
back a true report of conditions.
After the death of Moses, JOS
hua heard the words of the Lord,
saying: Moses my servant is
dead; now therefore arise, go over
this Jordan, thou and all this peo-
pie, unto the land which ! do
give to them, even to the children
of Israeli. This was no easy task
to which Joshau had been called.
TO lead so great throng of peo-
pie, to try to take the place of so
great a leader as Moses, and to go
up to fight against SO great an
enemy as the Canaanites requir-
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
0eTAGoss House -: -
BY PHOEBE ATWOOD TAYLOR G s-%9

The Story So Far: Asey Hdgo. Cape
Cod detectire, is Investigating yester-
days murder of Marina LoTne, iohose
husband post Office nluralfos aroused
Qadnomet. She tnas killed by left
handed blolD from her sisters knife
and Pam Frye is suspected. Pam dis
appears after hiding $4,000 North Of
6nabergriss Asey learns that Marina's
marriage to Jack LoTne lUaS a fraud
because she seas already married to
Tim Carr. boaTdeT at the Frye's Octa-
gon House. She also played around
Nth Roddy Strut, tphose plane
crashed conveniently the night of the
murder Before the eyes of ASey. Jack,
) and Reggy Boone, an artist, the barn
burns doDn. Realizing the fire lcds
set By someone tUho lDanted to dis
coUeT the location of the dmbeTgris,
Asey protDls around the moods. He
finds Tim knocked out, and then Tim
finds Aseg knocked out. PANS father
Is missing.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
CAMPAIGN PROMISE
FILLED TOO WELL

TULSA. Okla. juno 25.-"Tm
built for comfort, not speed, said
Eddie j. Shields weight 348
pounds), who disclosed he lost 40
pounds in a campaign for police
commissioner.
Shields was elected and he
said his big worry now is about
his campaign slogan: u can fill
the chair.
He said he had discovered ne
not only fills the chair in the po-
lice commissioners office but fills
il too well and ii may have 10 be
rebuilt to accommodate him. Es-
pecially il he gains back the 4s
pounds.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
SAINT PAUL's CHURCH


Duval and Eaton StsS .
Sundays
Summer Schedule
Sung Mass with Communionsi
z a. m.
Children's Mass, Short Sermon
Catechism. $50 a. m.
Evening Prayer, Sermon, Bene-
diction of the Blessed Sacrament,
8 p. m.
Week Days
Morning Prayer. 6:45 o'clock.
Low Mass, Holy Communion,
a. m
Mission Preaching, 8 p. m.
Evening Prayer. $40 p. m.
Wednesday,
Low Mass, Holy Communion
Z a. m.
Morning Prayer, S:45 o'clock.
Low Mass. Holy Communion. 9
a. m.
Evening prayer. $50 o'clock.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
e flll1lfI I2915l8
FIRST CONGREGATIONAL
CHURCH

William L. Halliday, Pastor
SGT William Street
Sunday school, 9:45 a. m.
Children's Day program will be
given at Sunday School hour.
Morning worship, IL o'clock
Sermon subject; "The Christian
and His City,. (Continued.)
Evening worship at 8 o'clock.
Sermon subject: ''The Lord Je-
sus Christ-The Way, the Truth,
the Life.
Prayer meeting, Wednesday,
day, 8 p. m.
Jesus said: / am the light OF
the world: he that followeth me
shall not walk in darkness, but
shall have the light of life".
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
FIRST PRESBYTERIAN
CHURCH

White and Washington Streets
John c. Gekeler. Pastor
Sunday school, 10 a. m. VIM
B. Norman, superintendent.
Morning worship, ii o'clock.
Sermon subject: Tell the
Truth.
Evening worship at 8 o'clock.
Sermon subject: "A Jewish
Slave Girl.
Midweek Bible Study on We'd
nesday at 7:30 p. m.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
FLEMING STREET METHODIST
tUptown) CHURCH
Fleming at William Street
Sh11ler Peale Pastor.

Fleming at William Street
Shuler Peele, Pastor
Church school meets at 9:45
IN. Norman j. Lowe, genel al
superintendent.
Morning worship, IL o'clock
Hi-League meets at z p. m
Miss Frances Lowe, in charge.
Young Peoples EpWort h
League meets at z p. m. Miss
Jennie Mae johnson, president.
Evening service at 8 o'clock.
Mid-week Prayer and Bible
Study, Wednesday, 8 p. m.
Choir rehearsal, Wednesday.
8:45 p. m.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
coLoRED CHURCH
CONFERENCE HERE

The United Wesleyan Metho-
dist Church conference is now in
session in this city at Trinity
United Wesleyan Methodist
Church on Elizabeth street
George W. Allen is the pastor
Of this church and Alexander Al
len is the president Of the confer
ence H. Ingraham Thomas Is
acting as general secretary The
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
FIRST BAPTIST CHURCH

Eaton between Duval and
Simonton Streets
Yancy Tillman Shehane. Pastor
Sunday school, 10 a. m. 7. L.
Kelly, superintendent.
Morning worship, IL o'clock.
Evening service, 8 o'clock.
Prayer meeting, Wednesday,
Is p. m.
Junior choir practice, Friday,
e p. m.
Visitors in our city are given
special invitation.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25

chairman of the meeting is F. A.
johnson.
William A. Freeman. acting
nasyor Of Key West. gave an ad-
dress on the opening OF the con-
ference, and Councilman James
Roberts ard Tax Collector Asses
scr sam B. pinder also addressed
the gathering.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
CHRISTIAN SCIENCE SOCIETY
81 Elizabeth Street

81 Elizabeth Street
Sunday school, $50 a. MI.
Sunday morning service, II
o'clock.
Christian Science" is the SUBJ
jet OF the Lesson Sermon which
Will be read in Churches OF
Christ. Scientist. throughout the
world. orr Sunday, June %.
The Golden Text IS: The ran
somed Of the Lord shall return,
and come to Zion with songs and
everlasting joy upon their heads:
they shall obtain joy and glad
ness. and sorrow and signing
shall flee away Isaiah $50.
Wednesday evening meeting. 8
o'clock.
Reading Room is open on Tues
days and Fridays from 5 20 5
2, N.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25

Puwer BoSt c. W FsoWerps 81
the Thompson Company. now en-
gagged IN bringing plnespplea from
cardenaz. Cusa. foF tne a Gran
day earning Company. arrived
yesterday ard brought . cargo -
-. go fruit which were unioad-
ed aa once ard taken 10 TIE fac
tory. Power Beat Heron. which
arrived eaxsier II fhe week with
had "a the fr1nt. sailed yssteF-
dag far cafsa ard anofhex cargo
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25

tColoredl
Rev. c. Wesley Mayes, Pastor
r. A. johnson. General Secretary
Division and Thomas SITS.
Sunday school, $50 a. m.
Preaching, III o. m.
Junior A. c. Z. League meets
at $50 D. m.
Senior A. c. E League meets
at 6:i5 p. m.
Evening service, 8 ?. m
Tuesday, 7.30 p. m, class.
Friday, 7.30 p. m. choir re-
hearsaL
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
MALE HELP WANTED

Manic distribute circulars,
hand-bills and samples for us in
your locality. We pay by the
thousand. You do no selling.
NO EXPERIENCE NECES-
SARY. Must be honest, reli-
able, and neat appearing,
TRANSAMERICAN ADVER-
Using DISTRIBUTORS, Box
TAB A, Milwaukee, Wisconsin.
jun23-Stx
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
METHODIST EPISCOPAL
CHURCH. SOUTH

"El Salvador"
Grinnell and Virginia Streets
Guillermo Perez, Pastor
(Services in Spanish)
Sunday school, 10 a. m.
Preaching, 8 p. m.
Preaching, 7:30 p. m.
Mothers Club, Monday, 8 p. m
Bible study and prayer service
Wednesday, 1880 p. m.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
CATHOLIC CHURCH
ST. MarY's Star of the Sea

VIM. Reagan, Sd, in Charge
Sunday morning Masses will be
said at z and $50 o'clock.
Weekday Masses at z o'clock.
Evening service at 7:30 o'clock,
Sundays and Fridays.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
ASSEMBLY OF GOD

Rev. John H. and Beulah Clark
Stroud, in Charge
Morning worship, IL o'clock.
Sunday school, $3.50 p. m. Class
les for all ages.
Evangelistic service, 7:30 p. m.
Prayer Meetings
Tuesday, tbs p. m.
Friday, tbs p. m.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
MIXED BIBLE CLASS

Sam B. Pinder and W. p Monti-
cino. Teachers
Meetings every Sunday morn
ing at the Harris School audi
forum. 10 o'clock. Men and wom-
en- not connected with any other
Bible Class and regardless Of de-
nominations are invited % at
tend
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25

diately after the 8 o'clock service.
Solemn Evenson, sermon, Bene-
diction, p. m.
Tuesdays Thursday
Low Mass with Holy Commun-
ion, 7:45 a. m.
Wednesday,
Sung Litany and sermon, 7:3O
p. m.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25

Freighfer Ozark. sghicn arrived
yesterday morning from Jackson
vile and Miarai with heavy snip
nents Of lumber and other mis-
ceilaneous items for this port.
sailed at To O'Clock last night
for New Orleans.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
THE CHURCH OF GOD

L. A. Ford, Pastor
1106 Olivia st.
Sunday morning worship, ii
o'clock.
Sunday School, 3 p. m.
Sunday evening preaching
service, 8 o'clock.
Prayer meetings, Tuesday and
Thursday nights, 8 o'clock.
Special music and singing.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25

Steamship ceiba, Of the StaEd-
ard Fruit and Steamship Com
pany. which arrived II O'Clock
yesterday and berthed At the
Porter Dock Company for a sup
ply Of fuel oil from the Texaeo
tanks. took 32.z99 gallons and
sailed Sis for Frontiers. Mexico.
for a cargo Of bananas
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
SEVENTH DAY ADVENTIST
CHURCH

lColoredl
Southland between Thomas
and Emma Streets
William Perkins, Pastor
G.. Williams, Missionary Leader
Sabbath School Saturday.. 10
o'clock.
Church services, ii a. m.
Y. P. NJ. v. S. meeting, $50
p. m. 8t
Prayer meeting, Wednesday.
7::30 p. m.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
JOSHUA: A CHOICE OF
LOYALTIES

GOLDEN TEXT: CAS- for
me and my house, we will
serve the Lord. Joshua
24:15.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
THE CHURCH OF GOD
Over Which A. ]. Tomlinson j
General Overseer

90l White Street
Mary H. Thompson, Pastor
Sunday School, 10 a. m.
Worship at IL a. m.
Young Peoples meeting at 7:30
p. m.
Sermon by pastor, 8 p. m.
Prayer meetings, Monday and
Wednesday nights.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
BNA1 ZION CONGREGATION

Rabbi Joseph Male, Pastor
Joe Pearlman, President of Con-
gregation
Hebrew Sunday School, IL a.
M, and every day in week, except
Friday, at 4 p. m.
Regular services every Friday
evening, 8 o'clock, and Saturday
morning, z o'clock.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
TRINITY PRESBYTERIAN
CHURCH



Sinronton Street
Alfred de BarrItf. Pastor
Morning service. III o'cloek
Church School. SO p. m.
Young Peoples meeting. TO
p m
Evening worship ~ 8 o'clock
Ministers class. Tuesday. S p. m
junior clsosr. Tuesday. 10 p
IA
Senior choir Friday. . p rs
Anniversary 81 church. July ,.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
GOSPEL HALL

100 Southland Street
Morning worship, II o'clock.
Sunday school, 3:45 p. m.
Gospel meeting, 800 p. m.
Bible study, Wednesday, 800
p. m.
Prayer meeting, Friday. 800
p. m.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
NEWMAN ME-. CHURCH

(Coloredl
Division Street
E. A. Robinson, Pastor
Naomi Reddick, Supt.
Morning service, IL o'clock.
Sunday school, 3 p. m.
Epworth League, 6 p. m.
Evening service. 7:30 o'clock.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25

BUFFALO--MrS Eila Fairbon
az this city testified in court
that her husband deserted her
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
ELECTED FROM HOME

: Seattle.-charles o'Brien Of
this city obtained . court order
ejecting his mother-in-law from
his home and forbidding her 70
return.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25

crawls to prove an interesting
sight 10 visitors in the city during
the Overseas Highway celebra-
ton, which will begin Saturday
Of next week.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
Rooms

THE MUNRO, 1913 N. E. 4th St,
MIAMI, FLORIDA. Convenient,
honey. Hot and Cold Show
ers. Low Rates. may2l-tf
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25

REAL ESTATE ~ Conservative.
practical sdVlce. 81 yearH ex.
perieaee e. florida KEYS =
x Lose. Registered Broker.
Tagernier. .Eeia. r. O. No.
q. mayiz.ff
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
HOTELS

YOUR VISITING friends
in need of a good nights rest TO
OVERSEAS HOTEL Clean
rooms. innerspring mattresses.
Under new management OFT
Fleming st. June 7-26t
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
sSeseosSwSessssseesssees
ANSWERS TO TEN
TEST QUESTIONS

Below are the answers. 10 test
questions printed on Page 2
sossesessssssssessSsesss
l. Steel rods or wire.
2. India.
3. Great Britain.
4. Quinine.
5. The intervals during which
the earth makes one abso-
lutte revolution around the
sun. Efk
6. Thirty years.
z. General KazuShige Ugaki.
8. CaliforniasS ,ls0
8. Seventeen years.
10. World War. a
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
SAINT PETERS CHURCH


Center between Petronia
and Olivia Streets
Sunday
SUNG Mass. Sermon. Holy Com
munion. 8 a m
Church school follows imme-
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25

after refusing Tor seven years q
kiss her.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
HELP WANTED

THREE MEN, TWO WOMEN
needed for special work Key
West. References required.
Apply IN own handwriting.
Box 2024, Tampa, Fla.
jun24-25-27-3tx
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
CORNISH CHAPEL
a. M. <. Zion Church
icoloredl

tcoloredl
Rev. James d. Daniel, Pastor
Fan Chon Tynes, Secretary
Morning worship. II o'clock.
Sunday school, 3 p. m. Kermii
Gibson, superintendent.
Evening worship, 7:30 p. m.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25
CLASSIFIED
COLU M N

FOUND-Pair glasses. Owner
may recover same by proving
ownership and paying for this
advertisement. The Citizen Of
flee. jun24-3t
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-06-25

aEonaay: Assy talks TO pam.
Evening star., 1938-06-02
BONDS ON N. Y. STOCK EXCHANGE
BY private wire direct to xh, star.

Approximate Transactions To-day.
Evening star., 1938-06-02
STAPLES RECOVER
ON OUTPUT CUTS
Copper, Tin, Cocoa, Hides,
Rubber and Cotton
Join Upswing.
b. tie Associated Press.

cS tI-c ASeOcldted PreSs.
NEW YORK, June 2.-Commodity
markets today extended a post-holi-
day recovery as producers of leading
basic raw materials took further
action to trim output to current low
demand.
The rebound, the first interruption
to a long downswing, affected export
copper, copper scrap and futures Of
tin, cocoa, rubber, cotton and hides.
Most OF the gains were moderate.
Overnight announcement of Ken
necott Copper Corp, second largest
producer, of plans for complete sus-
pension OF production at all domestic
properties was reported to have
touched off buying which boosted the
foreign price Of copper and domestic
scrap about "a cent a pound each.
Recently the International Rubber
Regulation Committee at meeting
in London cut export quotas to the
lowest limits ever set, in an effort tc
rid the market of excessive stocks
Similar action was expected to be
taken by the International Tin Com
mittee at a meeting this week.
In metal circles it was believed
most of the domestic copper produc-
ers had gone the limit in curtail-
ment by an almost complete shut.
down of mines. Kennecotts action
1t was said, followed an equally
drastic suspension by Anaconda Cop
per, the leading producer.
Evening star., 1938-06-02
STEEL PROSPECTS
REMAIN CLOUDED
Outlook for at Least Two
Months Discouraging,
Says Magazine.
BY the Associated Press.


NEW YORK, June Prospects for
steel buying by important consumers
during the next two months at least
are not encouraging, said Iron Age
today in its weekly summary OF con-
ditions in the iron and steel trades.
Steel ingot production for the cur
rent week was estimated at Is per cent
of the industry's capacity, down 3
points from last week and the lowest
since October, 1884.
Although steel output was on a
lower basis during the greater part of
the depression year 1882" said the
summary, 'it was at lesser rate than
this week in only four months of 1888
and two months of 1884.
ITO some extent this weeks low rate
was caused by the fact that number
of mills remained idle on Memorial
Day. although it is not regular mill
holiday. However, reduction goes
deeper than that. the report being
general that incoming orders during
the last half of May were definitely
below those of the first half.
"As whole. May orders and ship
ments did not equal those of April.
ITO what extent hesitation among
buyers because of the price situation
may have influenced the downward
trend of business in the past two weeks
Is difficult to determine Develop
ments at last weeks meeting of the
American Iron g. Steel Institute, espe-
cially the wholly unexpected advice
Of Gen. Hugh S. Johnson that the
steel industry reduce its prices, were
bound to have an unsettling influence
on buyers.
Meanwhile. some price weakness
has developed in the Middle West
Two mills in the st. Louis. area have
reduced prices on new billet and rail
steel reinforcing bars SIS a ton. This
is an attempt to stabilize the situation
as some resale quotations have been
more than $40 ton below published
resale prices. Weakness in resale
prices of merchant wire products has
also developed in some Middle West
ern States. though mill prices have not
been reduced"
The summary said steel scrap prices
continue to show weakness.
Evening star., 1938-06-02
10 LOw-Yield Bonds.
By the Associated Press.

~ INC ASSoSldbtu FIGSS.
NEW YORK, June 2.-United States
Governments assumed leadership OF
the bond market today following Sec
retary MorgenthauS announcement
the TreaSury's June financing would
involve no offering of securities to
raise additional cash
Treasury issues, little higher from
the start, extended gains to a top of
18-32ds of a point. Advances av-
eraged more than a of a point for
one of the best upturns in weeks.
Corporate loans maintained early
moderate gains and some widened
gains in the late trading.
The improved tone was taken as
rejecting better sentiment investment
circles in connection with the big de-
mand for the Sl00,000Oo0 U. S. Steel
Corp. 3h per cent debentureS, mar
keted today.
Southern Pacific loans showed pro-
nounced strength, the 3a,s of as rising
about and the AIS of '68 improving
nearly q
Other gamers of fractions or more
Included Wabash second SIS of SO;
Wheeling Steel 4l2s Pennsylvania
General 4l2s. Columbia Gas g. Elec-
trio 5s of 81, Boston a. Maine SIS.
Bethlehem Steel 3%.s, Consolidated
Edison 3As, International Hydro
Electric IS and Goodyear IS.
Foreign loans were mixed. Italian
and japanese groups were higher.
Evening star., 1938-06-02
MORE COMPANIES
CONSERVE CASH
Dividend Omissions Grow
as Directors Adopt
Cautious Policies.
BY the Associated Press.

By the Associated Press.
NEW YORK, June dividend
omissions multiplied today as corporate
directors acted to conserve cash.
Granite City Steel Co. Granite City,
Ill. announced no action had been
taken on the common stock. Previ-
ously a quarterly payment of 1914
cents was made
Directors of Mangel Stores Corp,
operating a chain of wonen's apparel
stores in the East, Middle West and
South, took no action on the quarterly
dividend of $125 on the preferred
stock due now.
No action was taken on the COM
mon stock dividend by directors of
the Flinkote Co.. operating roofing
plants in many cities. The previous
payment was Is cents in December.
Dividends also were passed on COM
mon stock of the General Time In
struments Corp, which paid Is cents
share in April; on the common stock
Of Delay Stores, Inc. and on the
capital stock of Sylvania Industrial
Corp, maker of wrapping materials.
Directors of Locke Steel Chain Co
declared an extra dividend of 10
cents, together with the regular quar-
terly dividend of 80 cents, on common
stock, both payable June 25 to hold
ers of. record June 13. Plant is at
Bridgeport, Conn.
Evening star., 1938-06-02
TREASURY AVOIDS
new BORROWING
Morgenthau Reveals Financing
Will Be Confined to Replacing
and Refunding.

Ey the Associated Press.
Secretary Morgenthau announced
today the Treasury would borrow mo
new money" in its June Is financing
operations.
Borrowing in the next few months,
he explained, will be confined to re-
placing and refunding maturing Sc
curities.
e Due to a sl,4oo,ooO, 600 credit OBJ
tanned by desterilization Of gold in
April, the. Treasury needs nd new cash
at the present time. although later.
when the new spending program gets
under way, it may have to borrow ap-
proximately $4,000 100000.
The Secretary explained also that
holders of s61S, 100000 issue Of notes
maturing June Is would be offered a
new security in exchange. Details
will be announced later.
He also announced tentative scned-
ule Of replacement issues of short
term Treasury bills which will reduce
the total outstanding amount of bills
from $500, 100000 to $1,000 ,oo0, 900
by August 81.
Evening star., 1938-06-02
Chicago Cash Market.

chicago VaSh Market.
Wheat-No. hard 74A: No 4
67l, corn, No. l yellow, STA; No. 4
55-56: No. 2 white, ST; oats, No. l
mixed. 2812; No. feed, 2712; No. 2
white. 28ia; soy beans, No. yellow,
83-83'4; barley feed, $3.50, nominal;
mailing, SOTO, nominal.
Evening star., 1938-06-02
BANK INVESTMENTS
AND LOANS DECLINE

oS tl-t AsSpCldteG FTeSS.
NEW YORK, June 2.-Loans and in
restments of banks in lead -ns centers
continued to point downward during
the week endod May 25. rejecting a
reduction in bond portfolios and a
further contraction Of advances to in
dustry and agriculture.
From the peak in December, 1886,
this barometer Of credit demand has
declined more than S2.O00,O0O ,000-l0
per cent-as yet showing no signs of
having touched bottom.
Loans and investments of Federal
Reserve member banks in lOl cities.
reported by the Federal Reserve Board
compared as follows Week ended
May rs, s2o597 100000 previous
week, s2o,679 900 900; same period last
year, s22 1872 900 900.