davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1938-11-28
Edison Co. 10 Float
Loan Of $25,OOO,OOO

CHICAGO, Nov. % Q.N.S).
The Commonwealth Edison Com.
pany today published a statement
setting forth the effect of its fl
nancial consolidation and simpli-
fication program, and indicating
an additional $25, 100000 deben.
ture offering may be made to re-
tire Western United Gas and Elec-
trio Company funded debt.
The company'S program, it re-
vealed, will cut funded debt to
46.6 per cent of capitalization and
increase common stock to 53.4 per
cent,
The Washington times., 1938-11-28
Missouri Utility Co.
To RefinanCe Loans

NEW YORK, Nov. % G.N.S0.
Dillon. Read & Co., and asso-
ciates today offered to the pub
lie 10000 shares OF Union Elec-
trio Company of Missouri S. pre-
ferred stock at $106, subject to
prior rights of 7 per cent and 6
per cent preferred stockholders.
Net proceeds will be applied to
payment of $13,O00.000 loans to
be incurred for redemption of the
two outstanding preferred issues,
which will be reciasSified into
shares of SIS preferred stock.
The Washington times., 1938-11-28
New Haven Reports
Gain For October

NEW YORK, Nov. % Q.N.SO.
New York, New Haven and Hart
ford Railroad reported a net in
come of 500, 300 for October
against a deficit of $917,004 in
the same month of 1887. Gross
totaled Slit, 1852, an increase Of
3.S per cent over october 1887.
Freight revenues gained IL per
cent but passenger revenue
dropped So per cent.
The Washington times., 1938-11-28
Texans Fight Raise
In Rail Express Rate

G.N.S.) Twenty-six packers,
Gamers, merchants and growers
of the Lower Rio Grande CTex0
Valley today protested to the In
terstate Commerce Commission
against the petition of the Rail
way Express. Agency for an in
crease in express rates. The in
crease would boost the agency'S
revenues $4,000, 900 annually.
The Washington times., 1938-11-28
CASTLE TO SPEAK

William R. Castle, UnderSecre-
tary Of State during the Hoover
administration and former ambaS-
sador to Japan, will make a brief
address entitled Europe Today"
next Friday at 4 p. m. in the
lobby of the National Savings and
Trust Company.
His address is sponsored by the
National Savings Club, an or
ganization of employees of the
trust company. R. L. johnson is
president of the club.
Directors of the General Water,
Gas and Electric Company have
declared a dividend of 10 cents
per share on the common stock
and the regular quarterly dividend
of rs cents a share on the SO pre-
ferred stock, both payable January
3 to stockholders of record Deem
Der IL.
The Washington times., 1938-11-28

sharp post-elec-
ton bound up
wards and their
| a t er reaction.
A t t er a dull
week, Saturday
saw a SpaSm Of
selling W h C h
h u E t m a n y
stocks a point
or more.
E m ploynent
figures are dis
tinctly better.
Business and
industry W e l.
come Washing
The Washington times., 1938-11-28
Rail Recognizing
Plan Faces Protest

GNS.) The mutual savings
bank committee, headed by Myron
F. Converse, today petitioned the
Interstate Commerce Commission
to reopen the New York, New
Haven and Hartford reorganizar
ton plan proceedings to allow the
committee to submit a modified
plan of reorganization whic h
would oppose the principal
debtor" plan,
The Washington times., 1938-11-28
Army and Navy Orders

Beattie from Uss Perry to Naval Trng.
Station, San Diego. Calf; Lieut.. James
C. Holloway, jr., from Uss Pecos to
Sixteenth Naval District; Lieut.. Lewis
L. Snider from USS Pillsbury to USS
Saratoga; Liuet. Joseph L. Bird (CC),
from Navy Yard, Cavite to Portsmouth,
Va; CHI. Gunner Del L. Young from
USS Augusta to Naval Trng. Station,
Newnort r T.
The Washington times., 1938-11-28
Daily Weather able

Excess of temperature since No
vember /, 1888, 1.46.
Accumulated deficiency Of pre-
cipitation since January /, 1888,
$40.
Excess of precipitation since
November l, 1888, AT.
Temperature same date last
year: Highest, SO; lowest, 81.
TEMPERATURES
The Washington times., 1938-11-28
RFC October Loans
Total $27,179,3OC

GNS.) Reconstruction Finance
Corporation in october authorized
294 loans to industry totaling
$27, 179, 300 and agreed to pur-
chase participations amounting
to $6,653,499 in loans to bust
nesses, the agency announced to-
daV
The Washington times., 1938-11-28

you mean b.
money.
ORR G i nally
Federal Reserve
notes were tt
be issued as
r e q u ire d BY
business at the
current general
level of prices
The notes were
to be secured
by gold and by
C m m e &c i al
paper. and as
the quantity of
such paper rose
and fell the
The Washington times., 1938-11-28
MONTREAL BANK
Halls CANADA'S
PACT WITH U. S,
New Treaties Seen as
Boon to Farmers
By RICHARD r. BAKER, JR.

Revision of the reciprocity
agreement between Canada and
the United States and conclusion
Of the trade agreement between
Great Britain and the United
States rank first among the bust
ness developments of the year,
according to the financially power
full Bank of Montreal.
Probably the most important
concession made by the Dominion,
whether considered from a reve-
nue. point of view or from that OF
industrial protection" the Bank
of Montreal says in its current
business summary, lis the re-
moval of the special per cent
excise tax which since 1880 has
been levied against the duty-paid
value of imports not covered by
the British preference.
BOON TO FARMERS
The new treaties will effect a
worldwide lowering of barriers
to international trade, the finan-
cial experts of the bank say, with
prospective results throughout the
world that can in no way be eSti-
mated at this time.
Increased purchasing power to
farmers and other primary pro-
ducers is expected to Immediately
result in a higher velocity of
Canadian domestic trade with
similar benefits to American
farmers and primary producers.
The Washington times., 1938-11-28

nounced determination to prune
WPA spending sharply.
AS often before, the motor in
dustry is leading the upward pro-
The Washington times., 1938-11-28

District of Columbia-Fair to-
night and Tuesday; continued cold
tonight with lowest temperature
about "a degrees; warmer Tuesday
and Wednesday,; gentle winds,
mostly southwest.
Maryland and Virginia-Fair to-
night and Tuesday; not quite so
cold in west portions tonight;
warmer Tuesday and Wednesday.
TIDE TABLES
High tide today at 1910 p. m.
Low tides today at Gal a. m.
and at 6:53 p. m.
High tides tomorrow at 1928
a. m. and at 1:04 p. m.
Low tides tomorrow at 1925 a. m.
and at 7:45 p. m.
SUN AND MOON
The sun rises today at 7:04 a. m.
and sets at 4:48 p. m.
The moon rises today at 1884
a. m. and sets at 1888 p. m.
The sun rises tomorrow at 7:05
a. m. and sets at 4:45 p. m.
The moon rises tomorrow at
1850 a. m. and sets at 1904 p. m.
Local. TEMPER
The Washington times., 1938-11-28
Amer1ca FORCES ahead,
Europe Fails Behind
More Orders Reported by Industries in
All Fields of EndeavOr
By B. G. FORBES

Things going quite well at home, badly abroad
Retail trade has stepped brky with promise that
Christmas bnying will reach satisfaction volume:
The Washington times., 1938-11-28
LIMIT REMOVED
ON MONEY ISSUE.
BY GOVERNMENT.
Finance Methods Told.
By Prof. Haney
BY LEWIS HANEY
professor of Economics, New York
University

NEW YORK, Nov. 28.-Long
Beach. Cal. asks several questions
about money:
Cd What governs the amount
Of money issued?
Answer: It depends upon what
The Washington times., 1938-11-28

Neatly III UIUUSGI16o ICPUI
more orders.
Commodity prices move irregu-
larry, without definite trend.
Securities steadied after their
The Washington times., 1938-11-28

"Ex. dividend. brooks closed. fPlus
extras. e2 per cent extra. f21s per cent
extra. h75c extra. g$14 extra paid No
vember 80, 1887. k3Oc extra. m$3 extra.
p5Oc paid September 20, 1888.
The Washington times., 1938-11-28
STERILIZATION FUND

Answer: The total Government
gold is now over $l4,100, 900, 900
.(about 403 ZOO, 900 ounces. OF this
amount, $1,000 100000 is reported
to be in the sterilization fund"
This leaves $4,000, 100000 avail
able for direct monetary use.
The total amount Of money in
existence September 80, both in
and out of the U. S. Treasury,
was about $18,747 100000. Of this
amount, about SIG, 108, OOO, 900 may
be regarded as standing against
gold. (The rest is silver or backed
by silver0
But money "in circulation" (out,
side the Treasury and Federal
Reserve banks amounts to only
about $6,622, 1000, 600, of which
$4,000, 900, 900 is money lin circu
lation," which may be considered
as standing against the $4,000,
100000 available gold cover.
DEPOSITS IN BANKS
This is to say nothing of bank
demand deposits and checks
drawn against them. Total de
mand deposits (adjustedO of Fed
eral Reserve member banks are
about 20 billion dollars.
The Government debt is vel
above 40 billion dollars.
It is also to be noted that per
hapS two or three billion dollars
of the gold is over here in a tenn
porary and precarious way, anc
may not be thought of as actually
ours
Very roughly, we have about II
billion dollars in gold available
for monetary use. about IS bill
lion dollars in currency which
might be based on gold, anc
about IS billion dollars grand tota
of demand deposits in all banks.
This is theoretically a very
strong position, as the gold coulc
safely support at least 80 billion
dollars in currency. The fact tina
we remain on a fiat-money papeI
basis shows that the Government
is not ready to stop its borrow
ing, lending, spending. debt-groW
ing policies.
The Washington times., 1938-11-28
DOLLARS LIMITED

The issue of coins is immediate
ly governed by the United States
Treasury. Silver dollars, however,
may be issued only as authorized
by specific Acts of Congress. There
are no limits to issues of other sill
yer coins.
The United States Treasury
issues gold certificates to the re-
serve banks for reserve purposes,
but, by New Deal enactment, they
do not circulate.
National bank notes and Treas
ury notes of 1890 are being retired.
U. s. notes (greenbacks) exist in
a fixed quantity. BY Act of Con-
greSS, the President has limited
power to issue more.
(3)-Is there money outStand-
ing for every dollar of gold owned
by the Government?
The Washington times., 1938-11-28
LOCAL TEMPERATURES
DEPARTURES

Accumulated excess of tempera
ture since January ], 1888, 9.I2.
The Washington times., 1938-11-28

volume of notes would automati
cally increase and decrease.
Then. a few years ago, the CHIEF
security was made Government
bonds, and the notes, for a while
became a means of facilitating
Government borrowing and spend
ing.
Now, however, although Govern
ment bonds are still a large part
Of the security, the amount actu
ally issued appears to depend. in
fact, chiefly upon the needs of the
buying public for cash. Aside from
q 40 per cent reserve in gold certi
ficates, there is virtually no limit
to the amount that may be issued
DEPEND ON POLICY
Silver certificate issues depend
upon Treasury policy with refer.
ence to method of paying for the
silver bought, initiation, etc. Each
is backed by fixed quantity of
silver (much less than a dollars
WORTH.
AS to bank deposits and checks
deposit currency, the potential
amount available depends today
chiefly upon Government borrow.
ing and spending; but the use of
them depends chiefly upon bust,
anfiYJif1y chNNTTON in hoVNly
clearingS or bank debts.
2. Who has the power to issue?
Answer: In general, Congress
has the power to control the issue
Of money. But, in the case of the
important Federal Reserve notes
the President, by controlling the
board of governors of the Fedora
Reserve System, has the rea.
power.
Evening star., 1938-10-18

The auditorium one Of the priced
features Of the new clubhouse of the
Woman's Club of Chevy Chase, was
filled to capacity last night as the
$4,000 building at Connecticut ave-
nue. and Dunlap street was dedicated
with formal ceremonies.
Many men were in the audience for
the occasion, which marked the 25th
anniversary of the organization.
Mrs Joseph Travers Mcguire, club
president, and Mrs. Frank A. Linzel,
president Of the building company
which directed the work during con-
struction, participated in q symbolic
key ceremony at the conclusion OF
the program. Willard Warthen, the
builder, passed the key to E. Burton
Corning, the architect, who in turn
handed it to Mrs. Linzell. Mrs. Ma
guire accepted the key from Mrs.
Linzell in behalf Of the club.
Others on the stage included Mrs.
Joseph A. Burkart, founder of the
club: Roger J. Whiteford, attorney for
the building company, past presidents.
and the following officers: Mrs. Fred
erick NJ Kerby, first vice president
and chairman Of the SO, 500 Commit
tee; Mrs. Edward H. Helmuth, second
vice president; Mrs. Philip P. Gott,
recording secretary; Mrs. Paul H.
Butler. corresponding secretary; Mrs.
Louis s. Murphy. treasurer, and Mrs.
Roy J. Jorolemon. assistant treasurer.
Mrs. Sadie Orr Dunbar, president
Of the General Federation Of Women's
Clubs, was a guest Of honor. as were
Mrs. Harry L. Harcum, president Of
the Maryland State Federation; Mrs.
Peyton B. Whalen, president Of the
Montgomery County Federation. and
Mrs. Ernest Humphrey Daniel, presi-
dent Of the District Of Columbia Fed
Grafton.
The $500 necessary to begin con-
struction of the clubhouse WAS raised
by the committee headed by Mrs.
Kerby last spring. Ground was broken
May rs. In addition to the $4,000 for
the building $4,000 was spent on fur
nishings and equipment.
OF Williamsburg design the club
house has an auditorium combined
with library which seats 700; a stage
and dressing room for theatricals, a
workshop for the art section. pro-
lection room for motion pictures, a
well-euuipped kitchen and room for
small group meetings.
Mrs. Harry Fillmore Lowe was chair
man of last nights program. which
included the following addresses: THE
Club as Moral and Spiritual In
fuence," by Mrs. Thomas E. Rob-
ertson. a past president; THE Club as
an Educational Ally" by Norman j.
Evening star., 1938-10-18
Club Heads
Attend
Benefit
Card Party Given
At Headquarters
Of Federation.

The presidents of number of WON.
ems clubs in Washington were among
the guests yesterday who attended
the benefit card party given by the
District Federation of Women's Club:
at General Federation headquarters
1884 N street NV.
Mrs. Sadie Orr Dunbar, president
Of the General Federation, welcomed
the local women to the national head.
quarters, and Mrs. Ernest Humphrey
Daniel, president Of the District Fed
Grafton, also received.
The rooms on the second floor OF
the headquarters were thrown to.
gether and attractively decorated with
autumn flowers for more than 4(
tables of cards which were in play
during the afternoon.
A number of those who served a.
patronesses for the benefit attended
among them Mrs. Monroe johnson
Mrs. Raymond Clapper. Mrs Edward
G. Montgomery. Mrs. Lanier P. Nc.
Laughlin. Mrs. Paul A. Blair and Mis-!
Vella Winner.
Among the presidents and retiring
presidents of clubs who attended were
Mrs. Oscar H. Nelson, Petworth
Woman's Club; Mrs. Lawrence Muir.
ray, Park View Woman's Club; Mrs
Frederic Newburgh, Housekeepers
Alliance; Mrs. Philip Martin, Capito
Hill History Club: Mrs. Edgar B
Merritt, Political Study Club; Mrs
Mary Lamond White. Reba Barrett
Circle; Mrs. Charles P. Keyser. Entire
Nous Club; Mrs. David Thompson
Woodbridge Book Club; Mrs. Walter
P. Harman, Takoma Park Women's
Club: Mrs Charles Hoover, Columbis
Heights Arts Club; Mrs. Charles Blair
Sunshine and Community Society
Mrs. Fred P. Trott. Woman's Clinic
Miss Henriette Metzerott, Aid Asso'
citation for the Blind, and Mrs. Rob
ert S. Hall, Excelsior Literary Club
Mrs. Harvey w. Wiley, past presi
dent of the District Federation, ane
Mrs. Tilman Bacon Parks and Mrs
Frank M. Shortall, past presidents O.
the Political Study Club, also attended
Mrs. LIE Verne Beales was genera
chairman of the card party and Mrs
Lloyd A. Morrison was vice chairman
in charge of reservations. Mrs. Henry
Van Arsdale served as chairman Of tn
| Committee of Patronesses.
Evening star., 1938-10-18
Club House Dedicated
Chevy Chase Woman's Group
Holds Formal Ceremonies.

Nelson. principal of Woodrow Wilson
High School; The Club as Cultural
Center" by James Waldo Fawcett Of
The Evening Star. and The Club as
Founder of Friendships" by Mrs.
Eugene Stevens, past president.
The Rev. Edward G. Latch Of the
Chevy Chase NJ E. Church pro-
nounced the invocation, and music was
furnished by the music section under
Mrs. William Collins, conducted by
Louis Potter, with Helen Grimes as
accompanist. Motion pictures Of the
Evening star., 1938-10-18

ground breaking exercises were shown
by A. G. Ketcham.
Oficers of the building company
include Mrs. Frank P. Wilcox, vice
president; Mrs. Kerby, treasurer; Mrs.
George A. Finch, secretary; Mrs. Ken
meth D. McRae, resident agent. Stock
holders and directors are Mrs. Alex
ender McAshley. Mrs. Finch, Mrs.
Harrison F. Fits. Mrs. Frank M.
Hoadley, Mrs. Otis B. johnson, Mrs.
Kerby, Mrs. Linzel, Mrs. McRae, Mrs.
Orville s. Peters and Mrs. Wilcox
Mrs. Mcguire is director ex-oncio.
Evening star., 1938-10-18
Quick Couoh
Relief, Mix This
Remedy, at Home
No Cooking No Work. Real Saving

No Cooking. No Work. Real Saving.
Here's an old home remedy your
mother used, but, for real results, it
is still one of the most effective and
dependable, for coughs due to colds.
Once tried, you'll swear by it.
It's no trouble at all. Make a syrup
by stirring cups of granulated sugar
and one cup of water a few moments
until dissolved. No cooking is needed
q child could do it.
Now put 215 ounces of Pinex into a
pint bottle. and add your syrup. This
gives you full pint of truly splendid
cough medicine, and gives you about
four times as much for your money.
1t keeps perfectly and tastes fine.
And you'll say it's really amazing.
for quick action. You can feel it take
hold instantly. 1t loosens the phlegm,
soothes the irritated membranes, and
helps clear the air passages No cough
remedy, at any price, could be better.
pinex is compound containing Nor
way Pine and palatable guaiacol. in
concentrated form. well-knewn for its
prompt action on throat and bron.
chial membranes. Money refund ~
cd if not pleased in every way.
Evening star., 1938-10-18
ECONOMIST TO SPEAK
DR.. Franklin Ryan Is to Address
Business Men Thursday.

BusinesS Men Thursday.
DR.. Franklin Ryan, economist and
recently research associate, Bureau of
Research in Municipal Government,
Harvard University, will be principal
speaker at the monthly dinner-meet-
ing Of the Federation of Business
Mems Associations Thursday at $50
pm. in the Hamilton Hotel.
The meeting will be conducted by
the Columbia Heights business men.
Election Of officers and Board of Di-
rectors will be held, 1t was announced.
Evening star., 1938-10-18

The phrase, "the Emerald Isle" for
Ireland, was first expressed by VIII
liam Drenna Q754-lS2O, Belfast ma
tionalist poet.
The Waterbury Democrat., 1938-07-05
CIVIL SERVICE
 POSTS OFFERED
Open Competitive Exam nations for Four Jobs
 Listed

The U. s. Civil Service commis- sion today announced open compet- tive examinations for the positions listed below. Full information con- corning the examinations may be obtained at room 107 in the Water bury post office.
 For the first three positions list cd, applications must be on file with the Civil Service commission, Washington, D. C.. not later than August l, if received from states east of Colorado, and not later than August 4, if received from Colorado and states westward.
 Marine engineer, various grades, $2,600 to $500 a year, U. s. Mari time Commission and Navy depart ment.
 Safety Instructor (Petroleum) $l = 800 8 year, Assistant Safety Instruc- tor (Petroleum) $1 ,620 year, Bureau of Mines, Department of the Inter- for. High school training (except that persons otherwise qualified who do not meet this requirement. will be given mental tesD, and certain experience in petroleum production or refining, are required.
 Junior Script Engraver, $$11.52 per diem, $2.16 per hours overtime $3,000 per annum), Bureau of En- raving and Printing, Treasury De- partment, Washington, D. O., only Progressive training or experience in the art of steel-plate engraving of script of the standard required for first-class bank note, bond, or secur- ities work, is required.
 Assistant Messenger, $l 300 year for appointment in Washington, D C., only. Age: Applicants must have reached their eighteenth but mus not have passed their twenty fit. birthday. These age limits will not be waived in any case. Closing dates July l9, for applications receive from States east of Colorado, and July g, 1888. for applications re- ceived from Colorado and States westward.
The Waterbury Democrat., 1938-07-05
Parades Compete With Programs of Sports For Approval of Spectators
Bunker Hill Parade of Horribles" Amusing Spectacle as Overlook, Bucks Hill Entertain Mem=
 bers, Friends-List of Prize Winners Given

Safe-and-sane celebrations of In- dependence Day were sponsored yes- terday by various local community clubs and fraternal organizations for those Waterburians who remained within the city's limits during the holiday.
 Washington Park was the exclu- sive scene of a fireworks display last night and a crowd of more than 2,000 was attracted from all sections of the city. Celebrations were con- ducted by the Bunker Hill, Bucks Hill and Overlook Cottage Park Community Clubs, however.
 Parade Features
 The morning parade of the Bun- ker Hill celebration was the high light, but the program continued into the night, and was climaxed
The Waterbury Democrat., 1938-07-05
30 Cars Saved!

Thirty automobiles were en- dangered by a fire which broke out yesterday morning at the Motor Mart Garage, 56 Cottage Place. Bremen, answering an alarm at 10 o'clock, quickly got the blaze under control and pre- vented it from spreading.
 The blaze started from a cigar cite which had been dropped into a pit.
 Bremen answered three other alarms during the day. A chim- ney fire at the home of R. C. KendelI, 4S Maynard avenue, was extinguished at noon. A brush fire at Baldwin and South Main streets was quelled yester- day afternoon. At Washington Park a hot dog push cart owned by George Makris, of 476 North Main street, was damaged by fire.
The Waterbury Democrat., 1938-07-05
ACCUSED FINED FOR RESISTING
Assessed S25, Costs in Police Court Today;
 Youths Discharged

Edward Sharkey, 18, of 149 Sylvan avenue, was fined $25 and costs by Judge Theobald E. Conway in city court today on charge of resist ing an officer.
 Sharkey allegedly resisted arrest after being taken into custory for intoxication by Capt. William Dug gan and Motor Patrolman Thomas Phelan. Unable to pay the fine today he was to go to jail. Discharges were given to Johr Mulligan, 26, of 104 FairvieW stree and William Powers, g, of 86 Vol colt street, charged with theft Judge Conway declared that evi. dence against the youths was in. sufficient. The two were arrested fol the alleged theft of loaf of breao from a grocery store on East Mair street.
 Frank Mackina, 37, of Grassy Hill road, charged with destroying boundary markers, received week. continuance.
 Francis Dunnigan, 37, of 103t South Main street, charged with ob- taining money by false pretenses received days continuance.
 A continuance to July 19 was given Lloyd K. Leeman, 28, of 925 East Main street, charged witt breach of the peace.