davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat., 1938-01-31
. BEHIND THE SCENES WASHINGTON @v ROONEY DUTcHER-l
 Democrat Washington
 Correspondent
First Slap From SEC Gives Stock Exchange Sample
 Of What It Can
 Expect To Come

Washington, Jan. 31-Now the New York Stock exchange knows what it is likely to get from the Securi- ties and Exchange Commission as operated under Chairman William O. Douglas.
 The SEC has just whammed down on bear raiding and short selling hy ordering that short sales be made only at price above the last transaction in the stock concerned. SEC did this, however, on no more information than that which the exchange itself already had gath cred.
 Here's the story behind the rul- ing
 After studying short sales for two sample weeks last fall, the
 Stock Exchange made a state
 ment which appeared designed to
 dress up facts and figures to
 make them prettier than they really were and to bury some of
 the most significant phases.
 FINALLY, the Stock Exchange statement said, the figures would be turned over to the Twentieth Century Fund for analysis, and the SEC could look at them if it so desired. SEC members looked on that as a back-handed slap and promptly went to work on their own analysis.
 Rule Carries Penalty
 The result was the first trading rule which SEC actually has pro- mulgated for the Stock Exchange. The rule carries penalties for vio- lation and in this punitive feature differs from rules imposed by ex- changes fin cooperation" with the SEC.
 Although the SEC doesn't say so, it concluded that II members
 of the New York exchange were
 bear raiding in a distressed mar
 ket, pushing down the whole list
 by concentrating on bellwether or
 leader stocks day after day. It
 isn't suggested that there was any concerted effort to diScredit the adminiStra tion, but it has been demonstrated that bears pushed
 the market we'll below points
 where it could have been held by public support. Short selling is sale of stock which the seller doesn't own, in expectation of decline to price at which the seller can buy and de- liver. A parallel would occur if A were to sell an automobile to B for $500 in anticipation that au- tomobiles would be cheaper. A would then borrow a car from an automobile company, deliver it to B and collect the $500, buy sim liar car for 5000 if the price drop ped to that point, give it to the automobile company and pocket $500 profit. Of course that sort of thing doesn't occur in the auto mobile business. But it used to go on in the stock market. II
Imperial Valley press., 1938-10-27

twins, but nevertheless regarded
the battles with the Hogues as
tuneups for stiffer battles in the
Golden Glove tournament next
month.
Al Higgs, who is scheduled to
meet Bigboy in the first half of the
double main event, is undefeated
in his last II starts and Mitchell
has won nine straight by k.o.
Higgs is the same type of boxer
as Bigboy, according to his manager,
and will give the twin lot of trou-
BILE in the clinches.
Mitchell, a better puncher than
Kent Roberts, offered to fight
Shorty on a winner take-all basis
He has never been knocked off his
feet and has won a majority of his
fights by k.o.
Five preliminary bouts, matching
the valleys best amateurs, will
build up to the double main event,
according to Leo Ellis, new match
maker for the ECAC.
Imperial Valley press., 1938-10-27
Meadows, Caradine
To End losing
Streak Sunday

Pike Meadows ana Doc Caradine,
driver and owner of the Black and
White Special will combine talents
Sunday afternoon in the main event
at the Midget speedway in Impe-
rial to attempt to break into the
win column.
Caradine, who has had his car
out for every midget race event
since the sports started in the
valley, has won on a few main
events. He has raced in tough luck
for two years and Sunday he expects
to break the hard luck streak.
Hobe Herrick, Claude Herrick,
Bob Douthitt, Frank Hetzel and
Ken Murray are expected to give
Caradines car stiffest competition
Sunday. Events will start at 2:30
Imperial Valley press., 1938-10-27

this season and has booted several
more than so yards to pull the
Central gridders out OF tight spots.
Coach Laurence Hanson drilled
his charges on offensive during the
entire week, but in workouts We'd
nesday few lnemen were able to
open holes which assure success
of running plays.
Pass plays worked better in prep
sessions but were still uncertain.
Ball carrying improved during the
week and fumbles decreased.
But despite these improvements
the Spartans best bet appeared to
be. punt and wait for the breaks.
The Central defense was expect
ed to stop most of CaleXico's threats
but the fear that Ted Sander may
spring into the open made Spartan
hackers scarce.
Meanwhile CaleXico mapped a
campaign to add misery to Coach
charges. Some observers
believed Sander may be used sue
Imperial Valley press., 1938-10-27
Golfers to Open
Del Rio Country
Club Sunday

More than 100 valley golfers, who
Sunday will visit the Del Rio golf
club at Brawley for the links open
ing day, will find the best fairwayS
in the clubs history, Tom Reha
professional. announced Thursday.
The fairways are III marvellous
shape" Reha said. I'VE play them
as they lie. Of course, and there
are no bad lies, There is a heavy
mat of grass and no bare spots. -
No greens fees will be charged
Sunday and a free lunch to guests
will be served. A sweepstake event,
under handicap based on nine blind
holes, will be held with prizes for
the low net and prizes also for
the low gross.
Last year 100 golfers attended
the opening day. This year Reha
expected about l25.
LOW SCORING
Wayne Elvander. playing at the
Barbara Worth country club this
week. turned in the best round so
far this year. a 73. The near-par
score was made despite greens
which are not yet true.
Imperial Valley press., 1938-10-27
l.. A. STOCKS

Los ANGELES. Oct. -. UPD-
Most Of the issues crossing the
board on the Los Angeles stock ex-
change today eased, or held around,
the previous close. Exceptions TO
the conduct Of the main list were
new highs in two stocks: LJckheed
Aircraft. up Is to % on sale Of
100 shares, ana +. G.. & T.. common.
up y 10 2912 on sale Of 100 shares.
h G transactions Included
Broadway Dept. Store 100 shares
go, unchanged; Pac. Finance 100
shares 147s. down p; Transamer
100 shares 9H. up ls Hancock OIL
100 shares AZ, down = ; Republic
pet. 100 shares A., down "a; Union
OIL 100 shares 204, down d Gniy.
Con. OH 100 shares II. unchanged
CIaud Neon 100 shares 1O@s, down
= Consolidated Steel common 1876
shares Z, unchanged the preferred
100 shares 10z, unchanged; Emsco
100 shares 1O7s down p 4: Huppmo-
bile 100 shares %. down q; Men
asco 100 shares "a. up -; Ran
Aero 100 shares 2A. unchanged.
Edison common 100 shares 234. up
sales approximately $4,000 shares;
six issues up, seven down. seven un-
changed.
Imperial Valley press., 1938-10-27

pertinent between Pittsburgh ana
Fordham and local betting odds
are that Pitt will conquer despite
an all-around statistical advantage
held by Fordham. The teams have
played scoreless ties in the last
three seasons.
A quick glance at statistics of
both teams might convince the
unobserving fan that Fordham has
the better scoring machine, But
you must delve deeper into the
figures before you get the true
picture.
Temple and Wisconsin, both of
whom scored against Pitt, made
more first downs and more yard
age than Pitt, but they lost by
scores of 1876 and 26-6 respectively.
Both scores were made on passes
against Pitts third stringers after
the varsity had run up a safe score
and retired to the bench.
Imperial Valley press., 1938-10-27
Central Jaycees to
Meet Pasadena Fri.

Ell Centro's Junior college foot
ball team will journey to Pasadena
Friday to meet the Pasadena junior
college reserves Friday night in
preliminary game to the Compton
j. C.-Pasadena j. C. contest at the
Rose Bowl.
Coach Robert Armstrong report
ed the junior college squad in good
condition for the game against the
tough Pasadena reserves.
Imperial Valley press., 1938-10-27
NEW YORK STOCKS

NEW YORK, oct. -.
fit-taking brought irreguiaIlS M M
ing today after the list had risen
under the leadership Of the steel
rail and aviation shares. ,..
Steels mounted TO new hlghs
along with aviation issues. IN tlit
carly afternoon the rails assumed
eadersbip. At one time the whole
list registered gains of tractlohs 10
. noinfs. Then prices turned down
from the highs with many lsS"e9
registering losses. ,,- 90
Trading exceeded YESTERDAY AZ,
tai Of roc. 900 shares despite dlp
ia packard turnover. The latter
continued active after opening on
block of 10000 shares at oSi. II Wa
the most heavily traded stoch "a
The board and II reached up p
and anew high: Large Yoiuiiie ~ 1er
ysas noted in Internationla rape .
International Hydro-Electric, CIV
tiss Wright. Commonwealtn 4 q. O.
southern. Columbia Gas and Radl'
New highs were made by I. >.
steel. Bethlehem, Douglass, ,.ie.an
Martin. United Aircraft. Am erlcah
Water Works. Engineers PuDHc
service. Commonwealth SoutneIh
issues. Southern Railway. McIntSIe
Porcupine and International fap'I
Issues. ,,..,,u.. 700
f'hTySleT ana ptuti a. "a -
fstered small losses near the cIose.
Demand for the railroad DIVISION
sent the group up fractions TO more
nan . points. the best in mon
pacific. New York Cen Gentral2 25s' 5sa'pr np
nearly a point. The carriers easeu
with the remainder of the list pqo Ioi.
most Of them held part OF 'he''
q . prices ri in the copper section nc@nds %eTs
the first to soften. Ahacoliu, -l.,li,i,-
witch led an upturn in the gtoGp
in The morning was the titst - 40
- Late in the session II @a9 Wa
5ayyn a point. Cerro De Pasco lo9
l,-ss down fractionally. .i,t
I-tiIities were fairly actlNe VIZ
nrices steady to firm. The groeL goa,.
pIiioned back from the highs nesI
~ close, Eelectrical equlpIle -
hae Ponds IDS made an irregular advance
I'D held fairly well. L. > go
eminent ern issues Were around GraiNs ~ :
6ipbest levels of the year. s1iisllla 1ialilS
Ire steady and cotton IuluI %
slightly easier.
Imperial Valley press., 1938-10-27
IMPERIAL HIGH,
CENTRAL, BEES TO
CLASH SATURDAY

Coach Sheldon Loughbor1~ ~
Imperial high school football\4an
Thursday prepared to hurdle an
other obstacle in the path to al
undefeated season.
The obstacle, Central high schoo
B football team, will present itsell
ON Saturday night at 8 o'clock OF
Central field.
Though Imperial will be slightly
favored, the Central Bees are ex-
pected to give the Tigers more thar
little trouble. The Bees have {
tricky offense, good defense.
Central Gees will meet an oppo.
nent not yet selected in a preli-
minary game.
Imperial Valley press., 1938-10-27
T.. A. LIVESTOCK

LOS ANGELES, Oct. p. SOPJ
~ 200 10 TO Is cents lower
TOP tlpe 9: bulk S.5O-9; sows 7-7,6o; oerg
cattle 600. steady; medium steelS
rs. Mexican 6.25; few IeeegI ~
steers to :. few helfeis 10 - -.
cntter grade 3.5O-475: medium buns
5n-G.65 calves 80. steady; tttw
yealers - 10; medium calves 90
sheen none. Good 70 choice
yooled lambs quoted 13"-s-
Imperial Valley press., 1938-10-27
BrawIey Jaycees
70 Risk Record
AGAINST Laverne

Fired up by its 1877 victory over
Phoenix last Saturday night, Braw-
ley Junior college will tangle with
LaVerne college reserves tonight
in Brawley at o'clock.
Coach John Mcintyre planned to
start the same lineup which played
in Phoenix. Checker Smith is the
only gridder on the casualty list.
Imperial Valley press., 1938-10-27
Canzonen Wins

JERSEY CITY, N. j., Oct. 81.
fUP)-Tony Canzoneri, who once
held the featherweight and light
weight Championships, said today
ne needed seven or eight more tune
up bouts to regain championship
form despite his first victory in a
comeback campaign
Tony scored an eight round de-
cision over Howard Cowboy Scott
Of Washington, d. c., last night be-
fore 2OO0 fans here.
Imperial Valley press., 1938-10-27
Women Golfers to
Perform SUNDAY

Sunday, Nov 6, the first of a
series of women's golf events will
be held at the Barbara Worth golf
club. Curley Vesey, pro. announced.
On that day active players will be
teamed with women inactive so far
this year. Other women's events
will follow twice a month, Vesey
said. A mixed four ball foursome
event is planned for Nov. 20.
Imperial Valley press., 1938-10-27
Oregon State
Dreams of Upset

SAN FRANCISCO, Oct. o. CUP
Oregon State Colleges hopes OF
beating the California football team
Saturday rest on catching the Bearo
after a possible "let down" from
the Washington game, Bud Forrest
er publicity director for the BeaY-
ers said today
Imperial Valley press., 1938-10-27
Baer Kayoes
Hankinson in First

HONOLULU, Oct. 27. CUP)-Max
Baer the former worlds heavy
weight champion who says he is
cut to regain his title. was off to
a good start on his series of bouts
in Hawaii today after scoring a
first round knockout over Hank
Hankinson.
Baer polished off the veteran
Hankinson in the first 48 seconds
Of their scheduled 10 round bout
at an Elk's benefit card here last
night.
Imperial Valley press., 1938-10-27
CHICAGO GRAINS

CHICAGO. oct. 27. tCPp " heat
,rires ftucfuated in narrow range
around previous closing levers IN
ifgbt tradc on the Chicago board O.!
Ia. io5ax failing to reflect weak
mss iu foreign markets.
Al the close wheat was up = 10
aff D.. cent. corn of as TO y cent
and oats unchanged TO d cent 10"
rr. , ,.,.,,,
Selling by cash interests ana com
aenreSs corn prices fractionally, but
fbc market showed fairly steady
nndrrtone. Local receipts were es-
imated at 69T cars.
Imperial Valley press., 1938-10-27
L. A. VEGETABLES

LOS ANGELES, Oct. y: 'lP) ,,
Trading was slow on practically all
lines with supplies generally moo o.
crate and prices about steady.
Asparagus: Slow: Imperial WY
punched regal $3.50 crate.
Lettuce: Steady: dry pack Quad
alupe Lompoc a Santa Maria $50
.65: 5s Sl15-1.25: san Luis Obispo
Is 50; SIS Sl.50-l.75
Imperial Valley press., 1938-10-27
rODANS
Sports SPARADE
faARHatD9
By HENRY NIcLEMORE


Henry Armstrong and Ceferino
Garcia were quoted at even money
today for their welterweight cham
pionship fight in Madison Square
Garden next Wednesday night.
Were it not for one fact this
price would be suspicious enough
to warrant an investigation by the
authorities whose business it is to
try and keep the manly art on the
up and up. The one fact is this:
Pound for pound, Ceferino Garcia
of the Philippines is the second
hardest hitter in the world today.
He has to yield to but one man
when it comes to getting the maxi
mum in effectiveness from his fists.
And that man is Joe Louis, per-
haps the most explosive puncher OF
all time.
It is this dynamite in his right
fist that makes it unreasonable
to point to the even money quota
ton as an indication that the wise
boys along cauliflower alley know
something-that the fix is in.
The Filipino needs but one punch
to stiffen anything weighing under
$50 pounds that he hits. One clean
smack and its Katy bar the door.
And Armstrong won't weigh more
than 134 when he steps in the ring.
1t is not unusual for Garcia to
send his opponents straight to the
hospital. More than one man who
shuffled out against him and
wound up looking into the kind
faces of internes and house sur
geons. Ceferino doesn't have to
land his "bolo' in the early rounds
to make it stick. He threw it at
Barney Ross in the 18th, and while
it didn't land flush on Ross jaw,
it was potent enough to put Barney
in a fog and keep him there for
the remainder of the fight.
Garcia's publicity department
says that the 'bolo" punch, which
is nothing more than an exagger-
ated uppercut which he starts down
near his shoelaces, is the result
of Ceferinos sugar cane cutting
days as a youth. 1t seems that for
years he swung a big knife or
"bolo" and so when he turned
fighter he started swinging the
same way he had handled the knife
Interesting, if true.
1t is interesting to note that in
his bout with Lou Ambers, in which
he won the lightweight title after
10 rounds of terrific battling, the
punch that nearly ruined Armstrong
was an uppercut. Ambers upper
cut, which is puny compared to
the one thrown by Garcia, all but
ended Armstrong as a fighter. 1t
sliced his lower lip SO badly that
ten stitches were required, and for
a few days it was doubtful if Hen
ry would be able to fight for a
long, long time, if ever.
After that bout with Ambers
which many in the big crowo
thought he lost, Armstrong said he
had gone in the ring in very poor
condition. He said the week post
ponement cost him his edge. Ger
tainly he wasn't the same fighter
against Ambers that he was against
Ross. He was slower and his tim
ing was poor This time Henry
swears he will be in top shape. II
he is then even the deadly "bolo'
may not beat him. Because Arm
strong, when fit, is the best fighter
pound for pound, now in operation
Imperial Valley press., 1938-10-27
GAELS RESUME TRIP
For FORDHAM TILT

GRAND CANYON, Ariz. Oct. 27
tUP)-The st. Mary's Gael griddelS
resumed a liesurely trip east today
after a workout in preparation for
a Nov clash with Fordham il
New York.
Imperial Valley press., 1938-10-27
GaIento Resumes
Training

ORANGE, N. j., Oct 27. (UP)-
Tony Galento. 24O, training to meet
Harry Thomas, Minnesota heavy
weight. in Philadelphia Nov IA,
will box sparring partners today for
the first time since he was stricken
with pneumonia last July.
Imperial Valley press., 1938-10-27
Fl Centro Baseball
Team Open Season

Jack Starks Ell Centro baseball
team will open the winter season at
Brawley Sunday afternoon against
the Brawley All-Stars. The game
will start at 2:15.
Bob Elliott, Bus Adams, Rip
Russell, and Bob Gibson, of minor
league fame. will strengthen Stark's
club.
Imperial Valley press., 1938-10-27
HoityiIIe Smooths
Running Attack

Holtville high schools Viking
football team. loser in its opening
game, planned to revive title hopes
against Brawley Friday night in
0rawley.
The Vikings smoothed offensC
formations and brushed up on pass
defense.
BraWley, with Sasaki in the start
mg lineup. planned to concentrate
On a running attack to upset Holt
vile.
Imperial Valley press., 1938-10-27
Lewis Remains
8.5Favorife

NEW HAVEN, Conn, Oct. 27
CUP)-John Henry Lewis rules an
0-5 favorite to retain his light
heavyweight championship tomor-
row night against the challenge OF
Al Gamer at Is rounds.
Imperial Valley press., 1938-10-27
HARLAN SUFFERS
ANKLE INJURY

HOLTVILLE, Oct. 81. - Sammy
Harlan is spending several days
confined to his home as a result
of injuries to his ankle inq X
during football practice Md ay
Imperial Valley press., 1938-10-27
Markets at
A Glance
Stocks irregular and hUu ., ~. y.

active. ,t-t,or L
governments irregular ,.,-.,.
curb stocks irregularly hlGh
Foreign exchange lower.
Cotton steady. ,.o,,,
wheat up q 70 off .. cent corn
off q to y.
Rubber firm.
Imperial Valley press., 1938-10-27

cessfully as a decoy in Fridays
game
Bowker and Mendoza are capable
runners and paSserS and Mendoza
was one of the valleys outstanding
punters last season. Sandez has
done most of the kicking this year.
Imperial Valley press., 1938-10-27
Golden Glove Hopes Tackle Hogues
Mitchell
Regard Tonisht's
Bouts as ! uneupS

Bill Mitchell and Al Hggs, two of Los Angeles out
standing Golden Glove prospects, motored to Ell Centre to-
day for bouts with Shorty and Bgboy Hogue at the FL
Centre athletic club tonight at 8 80.
Higgs and Mitchell have heard of Jacumbas fighting
Imperial Valley press., 1938-10-27
PITT, FORDHAM P0WERH0USES
TO CLASH IN SATURDAYS
FOOTBALL CLASSIC

PITTSBURGH, Oct. 27. (UP)-Two eastern gridiron
giants with regulations of devastating will match
their offensves at Pitt Stadium Saturday to see who Is
best at this game of making touchdowns
A record attendance of 5000 fans will watch the eX-
Imperial Valley press., 1938-10-27
MARKET QUOTATIONS
l.. Il. POULTRY

Los ANGELES, Oct. p, up
Hens, iegaorE< =5 20 ci2 lbs. lac
Hens, leghorns, 312 to 4 lbs. ....16c
Hens, leghorns over 4 lbs. ......1Sc
Hens colored 81 to 4 lbs. ...... 1sc
Hens colored 4 lbs up. 23c
Broilers over / up to Z lb. -. tic
Broilers over 1 u and up to 2A 19c
Fryers Leghorns) 24 to -. 15c
Fryers, y up u 81 lbs. -. 15c
Fryers, colored. 5 i to 4 lbs. =. 1Sc
Roasters, soft bone, other than
Rocks 8 = lbs up ............ 19c
Barred Rocks over 4 lbs ...... 19c
stays ....,............... 15c
Old Roosters ................... 12c
Ducklings, over 3 lbs. ....... 15c
Old Ducks NEUTRALITY-SUSPICIOUS.. 0Sc
Geese .......''. .'....... ....... 100
Young tom turkeys, 20 lbs. up 1Sc
Young tom turkeys Il to 20 lbs. 17c
Young Hen Turkeys, to II lbs. 1Sc
Young Hen Turkeys Il up ...... 20c
squads II lbs. per doZ and up .. 26C
CaponS under 7 lbs. ..-................ 24c
Capons. lbs. and up ........ 26c
Rabbits nc. l white ga lbs
10 Az lbs. .................. lie
Rabbits, mixed colors ........ sc
Imperial Valley press., 1938-10-27
Hanson Covington Map Grid Strategy for Battle
CALEXIC0 OFFENSIVE WEAPONS
MAKE BULLDOGS FAvORITE;; JACK
KIRKPATRICK SPARTAN HOPE

Jack KrkpatrcKs punducaeo toe Thursday oomed the
defensive
BULLDOGS
city eHdron Friday night.
kirkpatrick yards per in games
Imperial Valley press., 1938-10-27
BANKS

LOS ANGELES. Oct. 27. up
ransamerica ....-...-.- .---. 94 81
Imperial Valley press., 1938-10-27
r. a. BUTTER & EGGS

los ANG ELEs. OCT. =. CO.,
r,,,ttey. extras >9c. prime tltsIs
28c. standard 271Ae' uhoere au0
Imperial Valley press., 1938-10-27

NUUI" UIONtW UIH HVI' III =
sales 3632 bales.
Imperial Valley press., 1938-10-27
z. a. GRAINS
California Grains-Sacked
No. 2 bright

Wheat, No. hand lh. 1.20 @1.25
Wheat. No. l soft VIII. 1.2O N 1.25
Barley, fancy ........ 1.O212 a 10Y y
BARLEY No o bright
Imperial Valley press., 1938-10-27
CO7'TON
KEW ORLEANS. oct. 26. tUP)
Fl, -. f,,4,,res cloged steady.

EUOIe CTOHVU UIsITVI
so. sales 200 bales
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1938-11-17
TOdds

Mrs. Ida Greathouse spent last
week with her niece, Mrs. Bessie
McPeak at Delaware. On Sunday
they all celebrated the birthdays oil
Mrs. GreathOuse and her sister
Mrs. Agnes Van Antwerp, at the
home of Mrs. McPeak's daughter
Mary.
Mrs. Richard Young of Marietta
was a guest of her parents, Mr.. and
Mrs. Lawson Geddes, a few days
last week.
Butchering is the order of the
Gay in this vicinity.
Mrs. Ollie Wallace was called to
the home of her parents at Jackson
few days ago, on account Of the
serious illness CT her step-father,
Martin Green, who has been in a
hospital at Portsmouth for several
days, suffering from infection of a
carbuncle. Mrs. Wallace spent a
few days with her mother, before
returning home She reports her
step-father is slowly improving.
Mrs. Lillian Geddes visited her
parents, Mr.. and Mrs. w. S.
Thompson at Pennsville, Friday.
Mr.. and Mrs. Ed Hartley and fam
lily moved recently from the Charley
Dunn farm, to the farm formerly
owned by Francis Startling, but now
owned by B. e. Carson
Richard Lee Wolfe is staying at
the home of Howard Gains, and 60
ing to school, while his home is un-
der quarantine for scarlet fever.
Mrs. Mart Harris and daughter
Mrs. Edna Woodward were Saturday
afternoon callers at the home of
Mrs. Ida Greathouse.
Bobby Keith Rider is back in
school again, after having missed
several days because of heavy
cold.
David Rider made a business trip
to Uniontown, Pa, last week.
Curt McInturf and children visit
ed home folks Saturday. Jean re-
mained for weeks visit here and
at Pennsville.