davidaulloa/AmericanStories huggingface dataset:
Evening star., 1938-05-24
FOREIGN EXCHANGES.

NEW YORK, May - lP,.-Moderate i'm
provement of most European currencles
in terms of the dollar was, shown in for
eign exchange dealings today despite the
suspension of conversation looking to a
solution of the Sudeten problem.
Sterling was an execution with a do
cline of I. of a cent The French franc
gained .OOa4 of a cent. the Swiss franc
was .O1la of cent higher. the euilder
advanced OF of a cent. and the belga
.00i2 of cent.
Noon rates follow:
Great Britain in dollars. others in cents:
Great Britain. demand, .95 3-16; cables,
495 '-l6: 6O-day bills, 4.94 7-16; France.
demand: Eta: cables, osi7s o2577s' Italy. de-
Demands Belgium: 1854; Germany.
4O.1I: benevolent, 81 IS; travel, 23 IS; Hol-
land. $3.50 Norway, 24.9O: Sweden. "a. .55;
Denmark 2e.13: Finland, 2.20; Switzer-
land, 2279k; Spain, unuuoted: Portugal.
45O; Greece. .9ll2 q; Poland, 1887: Czecho-
slovakia, 3:4s; Yugoslayia, 2:35 Austria.
Argentina. 33 .Oln: Brazil free, 5.9On;
Toxic. .2s 90; Shanghai, % 12I: Hong
in New York. 99.O1ss: New York in Mon
treal 100 .aSss.
n Nominal.
Evening star., 1938-05-24
Bethlehem Steel
ReuMrn1s Prices
In Third Quarter
Ry the Associated Press.

NEW YORK, May 24.-Bethlehem
Steel Corp. yesterday reaffirmed pres
ent base prices for the third quarter
on most all steel products, exceptions
being sheet strip. bolts and nuts. also
pig iron and ferro-manganese and
galvanized sheets.
The reafirmlng follows the policy of
unchanged third quarter prices an
nounced last week by Carnegie Illinois
Steel Corp, key United States Steel
Corp. subsidiary
Prices of $240 per 100 pounds for
hot-rolled sheet and hot-rolled strip,
and $685. for cold-rolled were accom-
panied by revised extras which left the
net price to the consumer little
changed. Quotations on bolts and
nuts, pig iron and ro-manganese
will be posted later, the announce
ment said.
Evening star., 1938-05-24
BRAZIL LIFTS CURB
ON IMPORTS FROM u. S.

by the Associated Press.
Brazil lifted yesterday all exchange
restrictions regarding imports from the
United States, the State Department
announced.
The department received a tele-
gram from Ambassador Caffery, Rio
Janeirp, stating that the Bank Of
Brazil has advised the embassy ttat
beginning at the close of exchange
today the bank will grant "spot" ex-
change to pay for American imports.
Thirty-day exchange contracts have
been required. The changed regula-
ton will apply retroactively, the De-
partment said, to drafts maturing after
April l.
Evening star., 1938-05-24
CHICAGO GRAIN
Ry the Associated Press.

CHICAGO, May 24.-Outdoing a
new 4-year low record, the Chicago
wheat market late today tumbled as
cents a bushel
Reports were current that 1888
wheat was being offered in Europe un-
der 95 cents, including cost. insurance
and freight. Further rains received
in the American Southwest were a
specially bearish influence.
At the close, Chicago wheat futures
were .-2ls cents lower compared
with yesterdays finish, May, 76-7614:
July, 1885 "a: corn. 5s-7s down. May,
56l2-Ss; July, 575s34, and oats, ls-35
off
Evening star., 1938-05-24
BOND ISSUE AWARDED.

NEW YORK, May "a R.-A bank
ing group headed by National City
Bank today was awarded an issue Of
$50, ,000. 900 New York City serial bonds
and corporate stock on their all-or-
none bid of $100.50 per 500 bond.
The interest cost to the city was
$1,000 per cent.
The group Immediately reonered the
bonds at yields Of 0.60 to $40 per cent,
according to maturities.
Evening star., 1938-05-24
MEXICAN PESO FALLS
TO22CENTS, NEW LOW
py the Associated Press.

Ey the AfSccIAteu PreSS.
NOGALES. Ariz., May 24.-The
Mexican peso fell to % cents in bor-
der transactions today, the lowest rate
on record here. The rate was fixed
by q committee of business men, re-
flecting current financial conditions in
Mexico. After appropriation Of oil
companies In March the peso was
quoted at about q cents here.
Evening star., 1938-05-24
Chicago Cash Market.

VHVdgU VdSH Mai MT.
Wheat. No. 5 red. 10; No. hard
81; No. 4 mixed. tough, 70; corn, No
mixed, 81: No. yellow, 5812 SO; No.
l white, SO; No. 2, 5824 oats, No.
mixed. 90; No l. white. 29l2; No. 2,
2812 -29sl rye. No. 2, 6lA: soy beans,
No. 3 yellow, 90; No. 4, 92A; barley
feed, ALSO; mailing, 70-72.
Evening star., 1938-05-24
Washington Exchange

SALES.
Washington Railway g. Electric pfd-
at 111la.
AFTER CALL.
Capital Traction $500 at 66.
Bid and Asked Prices.
D0NnC
Evening star., 1938-05-24


100 P.M------- 100000 200 P.M------ 100000
Total Sales for the day. 100000
sActual sales: OF trading 10 shares.
Also extras. b lilo
preference
Declared far this Payable stock
stock Accumulated dividend paid
declared
In bankruptcy under
O
table annual dis
annual decara
Unless otherwise noted special extra dividends not
lnclu
Evening star., 1938-05-24
ODD.LOT DEALINGS.
By the Associated Press.

The Securities Commission reported to-
odd lot dealers or specialists on the New
York Stock Exchange for May 23. 2.e40
purchases involving 70.191 shares; 2.622
sales involving 81 $50 shares.
Evening star., 1938-05-24

PARIS, May "a F.-The United
States dollar closed at 35.97 francs
(2.78O cents to the france in foreign
trading today. This compares with
2.771 cents to the franc in New York
overnight. Exchange on London,
1906.
Principal rente issues in the Bourse
were: Three per cent, 74.25; 4hs
"A" 7a.20; 41zs, 1887. 1880.
Evening star., 1938-05-24
DOLLAR GOES DOWN
IN LONDON DEALINGS
BY the Associated Press.

LONDON. May "A. - The United
States dollar declined u of q cent
in sterling terms today, closing 495A
to the pound. A like rate was quoted
for sterling in New York overnight.
French francs recovered moderately
to close at 1925 to the pound, against
1882 yesterday.
Evening star., 1938-05-24
Baltimore Quotation,

BALTIMORE May "a LP,--Wheat, No
.. red winter. garlicky. spot. domestic, 10
Evening star., 1938-05-24

fPlus extras. e2es extra. f2hg ex-
ira 75c extra Sl4 extra paid No
vember 80 1887. k SOC extra. m 81 extra.
Evening star., 1938-05-24

cent notes recently offered for sale by
the R. F. c. He said that allotments
will be made on the basis of the
amount of the subscriptions, with a
minimum of $4,000 to banks, insurance
companies and dealers and a minimum
Of $1,000 to all others.
Morris Plan Bank executives from
the Atlantic States are holding
three-day conference at Old Point
Comfort, Va.
On Saturday members of the Mary
land Bankers Association and their
guests begin a six-day cruise con-
vention to Bermuda.
( The Academy of World Economics
will hold a meeting on Wednesday
evening, June /, at the United States
Chamber of Commerce, when "The
Far East will be the topic under dis
cussion, DR.. Andrew j. Kress, secre-
tary, announced today.
! Traction Bonds Up S Points.
Capital Traction SIS sold on the
Washington Stock Exchange today at
66, q gain of full points since the
last previous sale at 81.
Washington Railway & Electric pre-
ferred came out on the board at ll11s,
unchanged from the last previous sale.
The Washington times., 1938-11-04

of competing or other lines by de-
viouS strategy.
Theatrical producers too often
disguised decent citizens by stag
ing unsavory plays. Ditto some
motion picture manufacturers and
exhibitors. The latter group had
the good sense to elect its own
censor, Will Hays, with the result
that it has done much better than
legitimate theatrical producers.
Patent medicine and certain
other drug manufacturers aroused
public ire, with the consequence
that they now face rigid policing.
Nor was advertising guiltleSS OF
questionable actions. Now it also
is being watched closely by Wash
ington.
But what of the policemens own
employers, the politicians, the
Federal Administration and its
multifariouS agencies?
Recent revelations have demon
strated that they have been guilty
of shocking misdeeds. That po-
litical bribery, vote-buying, S
more fagrantly rampant today
than ever before Is the only con-
clusion the public can form.
MISUSES Barred
The Senate Committee on Cam
paign Expenditures has clearly re-
vealed that Federal funds have
been misused in various States and
that New Deal Office holders have
brazenly violated the law.
Happily, there are mounting IN
dications that public sentiment Is
rising against such unconscion-
able conduct. The holier-than-
thou attitude of politicians is be-
ing exposed as rank hypocrisy,
despite the mighty efforts OF
highest-upS to clamp
down the lid on further expo
sureS.
In time that same public sent-
ment, that same righteous ndig-
nation which brought forth effec'
tive measures against other wrong
doers will direct itself against
corrupt political practices and
practitioners.
After all, it is entirely whole
some that the vast majority Of
instinctively rebel
against dishonest and dishonor-
able tactics, no matter by whom
perpetrated.
iCopyright, 1898, by B. c. Forbes.)
The Washington times., 1938-11-04
BALTIMORE PRODUCE

'sylvania. n@1.15: Long Island, $10
1.25 California, s1.75Q2.
BrusseI Sprouts-Market dull. Cali
fornia, u drums best So, few higher,
poorer $1.5O91.75. Long Island. s011c
quart.
abbage-Market dull. Truck: Penn
sylvania. 5O-lb. sacks, round type, zoo
Csc New York, 5O-lb sacks and bushel
baskets Danish. 25Q30c. North Caro-
lima, III h-bushel hampers, flat type,
packed locally, 4Oq soc. Virginia, North
Hampton section. III -bushel hampers,
pointed type, best 6oQ75c, few higher.
poorer 40@5Oc. Rail- New York, So
lb sacks Danish mostly 30c.
Carrots-Market very dull. California,
Western crates, punched. $25003. Truck:
New York, bushel baskets. topped,
washed. coreless 6o@75c, few higher;
Chantenays mostly soc. Rail: Bushel
baskets, coreless, S5@s5e. Chantenays,
IS @ soc.
CauIiflower-Market unsettled. Long
Island. crates, 65@90c.
Celery-Market dull. New York, 2-3
crates. crate washed. all Sizes best $1.4O
@1.6O, poorer 75c@$1.25; 1O-inch crates.
individually washed and prcooled. AS
dozen, best s15oQ1.65. few higher.
poorer $1G1.25.
Cucumbers-Market dull. Florida,
bushel baskets, U. s. fancy $1.7592,
few higher; U. s. Is, $1.50@1.75; U. S.
2s, $1@1.25.
Collards-Market dull Virginia, Nor.
folk section, bushel baskets, 3o035c.
Eggplant-Market dull. Florida, l u
busheI crates, U. s. Is S1.7502; few
higher; U. 8. Is, S12O015O.
Lettuce - Market dull. California
crates, Iceberg. five dozen, best, $3.50 @
5; poorer, $1.50@2.25. Idaho crates
Iceberg. five dozen. motsyl $2.25.
The Washington times., 1938-11-04
WASHINGTON PRODUCE

BY the U. S. Bureau of Agricultural
Economics
tPrices paid ghippers-Net F. o. B.
Washngton)
= Eggs-Market 1c lower on Govern
ment graded U. S. extras. large and me-
diums; other grades steady and un-
changed. Nearby ungraded eggs. steady.
Government graded and dated eggs:
.. extras, mediums, 20 cents, L. S. STAN
dards, large. 35A cents; L. S. Standards
mediums, 26h cents; L. S. Trades, 26h
cents; Pullets, "a cents. Nearby un-
graded eggs: Current receipts, Whites
81 to 80 cents: mixed colors. 2s to 27
cents.
8 Live Poultry-Market steady. Fowl:
eolored, all sizes. Is to II cents: No. rs,
sa2 to 10 cents; Leghorns. - cents;
Rocks: broilers and fryers, all sizes, II
TO Is cents; No. 2s, l2 to IA cents.
Delaware Rocks and Crosses: broilers
and fryers. all sizes. 1914 to II cents:
No. 2's, - to IA cents. Mixed colored
3ryers, II to Is cents; No. 2's. II to IL
cents. Leghorns, broilers, all sizes, IA
to is cents. Turkeys: Young Hens 10
TO - lbs, 20 cents; Young Toms, Is lbs.
sand up, IS to 20 cents; No. rs Is to 16
cents. Guineas, 2 lbs. and over, 60
eeents 4 pair; under lbs, 40 cents a
Il. G. L. Express Receipts at Washing
~ ton, ID. u, FRIDAY, November 4, 1888
s Florida-S7 lugs avocados: IL lug.
: Hines; - bushel baskets okrs 36 bushe
3 baskets squash; 6 2O-pound sacks pecans
u California-44 12-pound boxes figs.
q Virginia. barrels watercress.
8 South Carolina-37 bushel basket
3 beans; 5O-pound sacks pecsns.
& North Carolina-27 bushel basket
Z beans.
Unknown origin-S1 crates mixet
Vegetables.
81 AppIes-Market steady. One Wash
angton arrived: broken cars on track
Truck receipts liberal Bushel baskets
q. g. No. /: Maryland. Pennsylvania
Virginia ana West Virginia, Grimes, IN
! inch minimum 65@75c. 2h-inch mini
mum 81 Clio, 2x inch minimum $1.15 9
1.3S: Gtaymans, 2k-ineh minimum IS
9So, ~ h-ineh minimum $1.15g1.25. IN
inch minimum f1.25d1.S5; Golden Del
! elous, 3A-4nch minimum rs 0S5c, 2h
( inch miniAum $1.1001.25, ~ inch mini
mum $1.2S@l.35; Yorks IN inch mini
mum 60@66c, IN inch minimum soc q 81
; ~ inch minimum $l9l.15; JOnathanG
Z 8 Z inch minimum s0c q 81, 2h-inch min
mum 31.iB@1.26. 2Ainch minimum
e14gWSl.3S; BOnumB. ~ inch minimu un
6b@e6e, 3h-inch minimum &l@l.lt
8exss ana cartons: PennsyIvania an
NIFgialA. Delicious combination sxtr
The Washington times., 1938-11-04
STOCK MARKET
.LAGS, AWAITS
VOTE RESULTS.
Opens Mixed; Then List
Firms Up
BY LESLIE GOULD

NEW YORK, Nov. 4 0.N.S).
The stock market put in another
colorless performance today, as it
awaited the outcome Of next Tues
days elections.
After a mixed opening, the list
firmed up and then turned irreg-
ular again after midday. Minus
signs predominated in the late
dealings. Turnover was about
1000 900 shares.
Hiram Walker rose more than
3 points to a new high for the
year, but other liquor SHARES were
little better than firm.
STEELS DROP
Chrysler and General Motors
ruled fractionally higher.
Some steels were under pressure.
Bethlehem and National dropped
a point each. United States Steel
showed support.
Most rails were lower, having
anticipated the traffic gain in yes
terday's upturn. Desire to await
decision of rail managements on
the wage situation was a restrain
ing factor.
Columbia Gas was weak in the
power shares on the Governments
antitrust suit. Coppers were slug
giSh, and elsewhere the trend was
irregularly lower.
Ohio Oil figured in one block Of
2,700 shares at 10, off one-quarter
Of a point. Sale was understood
to be due to tax purposes.
The Washington times., 1938-11-04
Fairfax County Group
To Confer ToniQht

FALLS CHURCH, Va, Nov. 4
Reports from committee or. roads,
bcilding restrictions and schools
will occupy the Greenway Downs
Citizens Association at its meeting
at 8 p. m. today in the home Of
Mrs. A. j. La Valley, secretary.
The association, organized last
March with John Archer q presi-
dent, is waging a campaign for
good roads in this section, buses
for school children and the adop-
ton Of building and sanitary re-
strictionS. Other officers are
George M. MarsterS, vice preSi-
dent, and Mrs. Elizabeth Taylor,
treasurer.
The Washington times., 1938-11-04

fancy and fancy. 11S-15Os $1.56@1s5:
64.l0Os $292.25; C Grade, 113-15Os $1.25
q $50: 64-loOs sl.5og1.SO; fancy. Stay
mans. 113-l63s $1.359I5O, 64-1OOs S1.75
@ SIS; Golden Delicious. 11S-163s 1850
1.S5, 64-1OOs $1.7502: Jonathans, 150-
1888 81 50, 11S-125s $1.6o@1.65, zoos and
larger H.S5@2; Romes. 113-15Os 1850
1.65, 64-1OOs $175Q2.
Broccoli-Market weak. No carlot ar
rivals: l broken car on track. Crates:
Pennsylva vania. s191.1S. mostly 81; Cali
fornia, $17592.
Lima Beans-Market steady. Eastern
Shore Maryland. busheI hampers $3.50
Q3, poor condition, 81.
Snap Beans-Market steady. Truck
receipts liberal. Florida, bushel hampers,
green, flat type, SOc@&1; round string
less. S1.3591.50.
Brussels sprouts-Market steady. No
carlot arrivals; no cars on track. Cali
fornia, 25-pound drums, $2Q2.25.
Cabbage-Market steady. No carlot ar
rivals: broken car on track: relief
one New York arrived: unbroken car
on track. New York, 5o-pound sacks
Danish type, 4Oc; Pennsylvania. IN
bushel hampers domestic round type,
soc; Virginia and North Carolina, IN
bushel hampers pointed type packed
Carrots-Market steady No carlot ar
rivals; broken cars on track. Califor.
MIA Western crates, punched, $3@3.25:
Pennsylvania. bushel baskets, topped,
washed. 75c.
Cauliflower-Market dull One New
York arrived; l broken car on track.
Crates: New York best. 75c, fair condi-
| tion, soc; California, 750SOc.
! Celery-Market steady. One New York
arrived; broken and l unbroken cars
on track. New York, II crates, indivi-
dually washed, 3-6-dozen, $l5O@175;
20 crates, crate washed, 5-7-dozen,
$1.25@1.50.
Cucumbers-Market steady. Truck re-
lceipts light. Florida. bushel baskets, U.
Es; No. l. Sl.7692.25; fair quality, $1.26
Mixed Vegetables-one California ar
rived; l unbroken car on track.
Eggplant-Market steady. Truck re-
celpts light. Florida. Ia -bushel crates.
Lettuce-Market dull. Two California
arrived; 10 broken and / unbroken cars
on track. Western crates, Iceberg type,
dozen: California. 12.B@326; oregon
onions-Market steady. One Minnisots
arrived; broken and unbroken cara
on track. 5O-pound sacks, U. S. No. l.
Yellows: New York, &19l.10; fair auaI
ity. 090e; Indiana and Michigan, 81
@1.lOi Sweet Spanish, inches and
! Iiarssrt Colorado and IdahO. 1i.3SQiSO
The Washington times., 1938-11-04
DISTRIBUTOR
SteuGrt Named for
De Soto, Plymouth

L. P. Steuart has been appointed
Washington distributor of De Soto
and Plymouth automobiles, it was
announced today.
In connection with the auto
show which opens here tomorrow,
Steuart's firm is holding open
house" at 1440 P st. N. ", where
the latest models of De Sotos and
PlymouthS are shown.
Associated with the firm are J..
p. Choate, general manager, and
F. D. Shaver in charge Of service
operations. Retail sales are under
the supervision Of C. o. Pond.
ShowroomS are at 1440 P St.
N. W., 1401 Fourteenth St. N. W.,
and 1925 Fourteenth St. N. w.
The Washington times., 1938-11-04
BUDGET BALANCE
VITAL TO FUTURE,
SAYS HEIMANN
Warns Credit Men U. S.
Spending Is UnSound
BY RICHARD r. BAKER

The three major factors that
are causing the present business
upturn are, in the final analysis,
the Spending-lending program,
the worldwide rearmament pro.
gram and inventory replacements,
Henry H. Heimann, executive man
ager of the National Association
of Credit Men, declared last night.
Addressing the credit mems as,
sociation at their annual banquet
at the Emerson Hotel, Mr.. Hei.
mann declared that the lending.
spending program and the rearm.
ament program, although decided
factors in improved business, are
not sound elements Of business
improvement.
MUST PAY PIPER
TN the lending spending
program" said Mr. Heimann,
I'VE are simply borrowing
against the eventful day Of re-
payment. To the extent our
present business situation is i'm
proved, some future period will
be retarded.
THE utilization of so much
credit for rearmament purposes
in the end merely adds an addi-
tional load to our tax burdens.
Some people say it is q
bromide to speak of q balanced
budget, but the entire goods in
dustry depends upon this more
than any other factor. Unless
there is some reasonable hope
of the maintenance Of the pur-
chasing power of the money
unit, people do not invest money
in long term credits.
THE durable goods industry
moves forward on long-term
bonds and upon faith and con-
fidence in the future.
KEY TO PROSPERITY
"Given a saner budgetary
program, the needs in the heavy
goods industry will begin to be
met. These needs, If fllled-and
they would be filled if we tended
to approach a balanced budget
are such that they might
easily support a decade Of un-
parallelled prosperity. The
link between unemployment and
mounting deficits is indeed
definite"
The Washington times., 1938-11-04

BALTIMORE, Nov. 4--Lcoal pro-
duce: (prices represent sales in large
of stock of good merchantable quality,
condtioned):
Apples-Market dull. Truck receipts
moderate. Bushel baskets Maryland.
Pennsylvania. Virginia. West Virginia,
U. s. Is 212 inch minimum Delicious,
$1.6O91.75, few higher; Jonathans, s1.l0
@1.25; staymans, &1g1.15: Romes and
smokehouse, 7599Oc. few hig er;
Grimes, 9Oc9$1; Yorks. S5c@S1; Hub
bardstons, 65g75c. Various varieties un-
classified, best. SOC soc, poorer, 55 @ 4Oc.
Boxes Washington Delicious, all sizes,
around 50.
Cranberries-Market firm. Massa-
chussetts early blacks 4 barrel boxes,
$a;25@4: y barrel boxes. S1.75G2.
boxes, U. S. Is s1.75@2; combination of
Is and Is. $3.50, few higher; U. s. Is,
$19150 Texas boxes combination U. S.
1s and U. s. IS, Foster pinks, SEQ 3.
Honeyde dull. California
standard crates, all sizes. &2.25G SO,
wasty lower.
Oranges-Market dull. Florida boxes.
U. s Is, $l.75@225. few higher; COM
bination Is and IS, S1.7542, few higher;
L. S. Is, S1.25@1.75
Pears-Market dull. New York bushel
baskets, sheldons, L. s. Is, mostly $40;
d'Anjous u S. Is. $l.25h1 1875; u bushel
baskets. seckels. U s. Is, IN inch
minimum. SocQ$1.
VEGETABLES
Snap Beans-Market about steady.
Florida, bushel hampers green round
stringless, $1.25@ @1.50: bountifuls mostly.
75c: South Carolina hampers, black Val
entines. $1.25@1.75 mostly. $3.50.
Beans-Green, round stringless, most
ly $3.50; Bountifuls. mostly 75c.
Beets-Market dull. Nearby, NC
bunch.
Broccoli-Market dull Crates, Penn
The Washington times., 1938-11-04
Mountain Lecture

Earl A. Trager, chief naturalist
National Park Service, will lecture
on Mountain Magic" at 8 p. m.
Wednesday, in the Departmental
Auditorium, Constitution Ave-, be.
tween Twelfth and Fourteenth
SITS. N. w. Natural color koda-
slides will illustrate the lecture.
The Washington times., 1938-11-04

have cost the
p u b lie hun
dreds Of mil
lions of dollars.
1t h a S been
officially estab-
lished that the
m a n agementS,
on the whole,
were abnormal
ly incompetent.
Not only so,
but condemn
able practices
" ere perpe.
trated in many
instances.
The Washington times., 1938-11-04

capital in COM
mon stocks, as
a hedge against
initiation.
They writ e
that they were
driven to this
course by the
threat of infla-
tion, the low
yield Of good
bonds, and the
underlying un-
trustworthii1eSS
of the New Deal
leadership. Now
they find some
~ &hoip StockS
The Washington times., 1938-11-04
COMPLETELY CRUSHED
MeKeesport Tin Co.
Gets 8-Mi||ion Loan

NEW YORK, Nov. 4 Q.NS).
McKeesport Tin Plate Company
has arranged 10-year $4,000, 600
loan in the form of sinking fund
debentures which have been taken
privately by an insurance COM
pany, it was announced today.
Proceeds will be used to retire
bank loans and for working
capital.
The Washington times., 1938-11-04
COLUMBIA CORP.
SUED AS TRUST
BY GOVERNMENT
Power McNOpOy SOsn
In -Four States

0.N.S.) The FedeRai govern
ment today accused TIE Giant Co
lumbia Gas and Electric Corpora
ton power empire Of unfairly
monopoliZing commerce In natural
gas over q large area, including
Ohio, Michigan, Kentucky and
West Virginia.
ACTION IN DELAWARE
In a suit filed in the Federal
District Court at Wilmington.
Del, the Justice Department COM
planned the corporation, les Of
ficers and directors, and the War
field Natural Gas Company. q
subsidiary, had engaged in q
conspiracy to restrain trade since
1890.
COMPLETELY CRUSHED
The Government alleged Co
lumbia crushed competing gas
systematic American Fuel and
Power Company, and its principal
subsidiaries, the Inland Gas Cor
poration and the Kentucky Fuel
Gas Corporation-by purchasing
substantial blocks of the latter'S
securities and then throwing the
system into receivership.
The Washington times., 1938-11-04

Latest "SOckO" in q prize fighters
love life, Do not miss the story OF
the latest episode of q pugilist who
10 still slap-happy from q punch landed
by q disappointed Broadway beauty.
A full page Illustrated feature in The
tributed with next Sundays Herald
Times,
The Washington times., 1938-11-04
Washington Stocks

SALES
Washington Gas Light pre-.
ferred, 10@101.
washington Railway and Elec-
trio preferred, 10@113A, 100
113A, 1o@113%. 10@113%, 100
1131a.
AFTER CALL
Washington Railway and Elec-
trio preferred, 1@113.
Potomac Electric 512S preferred,
Washington Loan & Trust COM
mon, 1926.
The Washington times., 1938-11-04
Political Cops
Need POIicinQ
Regulatory Work Against Big Business
Overdone, Forbes Declares
By B. g. FORBES

Avoid for policing 1t because there need for
policing that many regulatory restrictive laws have been
enacted during years. High finance and big business
went overfar in the hooming ZOOS.
The Washington times., 1938-11-04

Investment trusts galore were
Matched by leading banks, private
bankers, Wall Street investment
firms and by lesser fry, many of
them unscrurUlouS SchemerS. They
The Washington times., 1938-11-04
INITIATION SURE
TO GRIP NATION,
HANEY ASSERTS.
Confidence Boom Will
Be Forerunner
BY LEWIS HANEY
Professor of Economics,
New York University

NEW YORK, Nov "A group
Of middle-aged men in Mt. Tabor,
N. Y, have been putting half their