davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1938-09-19

min. mostly around 1925 smokehouse
"a inch min. soc, 21A inch min. $50 75c;
Truck receipts moderate. Boxes: Vir-
Fancy and Fancy, 11S-16Ss, $1.35@1.75.
zoos and larger. $212.25; Grade: 113s-
1888, $l@l.5O, zoos and larger. 1880
1.65; Jonathans, Fancy 1l3-l63. $1.259 @
l50. 96s-10Os. $1.65@l.75; Mcintosh.
Combination U. S. No. l. and Fancy, all
sizes, $3.50.
Cabbage-Market steady. One New
York arrived; unbroken car on track.
New York, 5O-b. sacks Danish type, 40
G45c; Pennsylvania, 112 -bushel ham,
pers domestic round tye. 75c.
Cantaloupes-Market dull. One Cali
forni arrived: broken and un-
broken cars on track. Colorado, link
meats, standard and jumbo flats, all
sizes, 75cQ$1; salmon meats. jumbo
flats, all sizes s10125.
Honeydews - Market steady. One
Colorado diverted; 3 broken and / un-
broken cars on track. Colorado, ;tand'
ard and jumbo crates. all sizes, $1.25GD
80; standard Cantaloupes flats 12s, 81
Carrots-Market steady. Two Call
tornia addived; l unbroken car on
track. Western crates: California
mostly around s4.25; Colorado. $2.75@3i
Pennsylvania. bushel baskets. topped
washed, 75c
Celery-Market dull. One New York ar.
rived; broken and ! unbroken cars
on track. New York. "a craates, individ-
ually washed. Y dozen, S1.50@1.75.
Lettuce-Market steady. Five Califor.
MIA arrived; broken and unbroken
cars on track. Western crates Iceberg
type, 5-dozen: California, $303.25,
poorer, $l.50H2: Colorado. ordinary to
fair condition, S2a2.75; Eastern crates
Big Boston type. 2-dozen, 65c.
| Onions-Market steady Two Michigan
arrived 3 unhroken cars on track so
pound sacks. L. s. No. l: yellows, New
York. SOl S5c; Mchingan and Wiscon
sin. IN 90c Sweet Spanish, U. s No
| l, 3 inches and larger: Idaho, $l.409
| so; Utah, &l.25.
| Peaches-Market steady. No carlot ar
rivals; l broken and l unhroken carr
on track. Truck receipts moderate. New
York ad Pennsylvania, bushel baskst
The Washington times., 1938-09-19

be negotiated, skyrocketing OF Sc
curity quotations would be logical
Nothing could be clearer than
that our markets violent swings
from day to day have been gov
erned by events in Europe. That
Ijettisoning of stocks has been In
duced by alarm over fears OF wal
cannot be doubted.
BUYING WAVE FORESEEN
Consequently, removal of such
fears would Immediately move
sellers to re-buy and, more impor'
tant, would prompt many in
Ivestors, heretofore timid, to pur'
chase securities. especially as lift
ing of war coluds (should this
occur) would afford opportunity
to appraise the favorable develop
ments which have been unfolding
in this country.
Obviously, conservatism coun-
sells conservatism in security op-
erationS until the European war
die has been cast.
Meanwhile, it is in order to
direct attention to important
trends at home.
Had European distractions not
monopolized attention, our busi-
ness, industrial, financial leaders
already would have begun to dem
onstrate the profound relief they
feel over the voters clear-cut ver-
dict that they are uncompromis-
ingly opposed to Washington die
tation.
It would be difficult to exagger-
The Washington times., 1938-09-19

vary with the responsibility as
sumed, or the results attained, OF
both.
Perhaps the best general answer
is given by the published results
of the investment trusts" since
they are run by men of type SINH
lar to those in the best financial
services. The results shown have
not been spectacular, to say the
least. Most of them have done
little. If any, better than the
averages"
LEADING STOCKS
In other words, if you were to
buy the leading stocks" used in
making up the averages, and hold
them indefinitely, you would do as
well as the average investment
trust has done in the management
of portfolios. Then you have to
deduct the trusts operating ex-
penseS from the dividends and
price appreciation realized.
Probably a good many of these
will survive and do reasonably well
for stockholders, because they de-
pend upon investment and the
long pull. In the same way, ad
visory services may be helpful.
But when it comes to specula-
tion and quick turns" I am very
doubtful. One hears very little
about the results of the concerns
which handle or advise large
speculative accounts. From the
way they have to advertise, how
ever, and the changes in their
personnel, guess that most Of
them win and lose, depending
largely upon when the market
goes up or down.
Most of the services" depend
upon a heavy turnover among
subscribers. You see, they make
money If they can keep new sub
scribers coming in as fast as old
ones drop out.
MOST ARE HONEST
Most are now honest, and keep
hoping that they will be able to
hit it right over half the time.
Many are useful for the statistical
information which they present
and the analyses they make.
Perhaps the chief troubles are
as follows:
/. The constant urge to "do
something" There are tim e
when investment trusts should re-
main idle. There are times when
they should stay in a good security
a long time without change.
2. The tendency to combine and
mix the two different things;
speculation and investment. "a
real investment man may be a
very poor Speculator. and vice
versa).
3. The tendency always to
favor the bull side.
4. The tendency to avoid admit
ting mistakes and taking losses.
These urges or tendencies are
common to most men, and affect
the managers of services as well
as other individuals.
The Washington times., 1938-09-19
Arthur {. Morgan
To Address Par|e\

NEW YORK. September 10
GN.SO E. Morgan. GUS
ted chairman of the Tennessee
Valley Authority, will address the
annual convention of the Control
lers Institute of America to be
held here october 81, it was an
nounced today.
The Washington times., 1938-09-19
1000 ASSEMBLE
TO PONDER ILLS
OF ALL NATIONS
Tariff Walls and Labor
Problems Viewed
By ERIC FRIEDHEIM

ONS.) American trade poll
cies are being directed toward re-
lieving the world from a mon
strous threat" of war, Secretary
of State Hull today told more
than 900 spokesmen for business
assembled as delegates to the sew
enth International Management
Congress.
welcoming the group, which
will discuss current economic
problems affecting industry all
over the globe, Hull said that only
through a steady reduction OF
world trade barriers can the mill
tary spirit be alleviated.
READ BY AIDE
The Secretary's address was
read by Assistant Secretary OF
State George w. MesserSmith.
Hull was unable to attend because
of the pressure of State Depart
ment work.
The United States has en-
deavored to work out a policy
for steady reduction OF world
trade barriers to promote
mutually beneficial exchange.
so that the genius of any one in
any country may be made avail
able for the benefit of every
body in all countries" the
Secretary asserted.
This we have done in the
firm belief that thereby there
would be created in all countries
conditions contributing to re-
moval of pressure leading to-
ward military action and max
ing unnecessary the enormous
burdens placed upon the world
by armament and the monstrouS
threat to the world of military
action.
In order to do this, we have
engaged in and have encouraged
with all our power return to
those standards of international
law under which commerce
thrived, management improved
and wealth increased"
NAZIS, CZECHS PRESENT
More than $50 foreign delegates
were on hand as the sessions
opened. including representatives
from Germany and Czechoslo-
vakia.
Hull considered the presence of
this large foreign delegation as
evidence that the spirit of inter
national exchange is still vigor-
ouSly alive"
In meeting and conferring,"
he added, you help each other
and you are yourselves bene-
fitted. 1t is a happy augury,
and am glad, on behalf of my
Government, to welcome you
and wish you success in your
efforts to contribute toward the
attainment of those objectiveS
which, in one aspect or another,
are those of all mankind"
The Secretary's remarks, COM
ing at a time when business
throughout the world faces a pos
sible economic upheaval as a re-
suit of the grave political condi-
tions, were expected to serve as
the keynote" for the congress.
The Right Honorable ViScount
Leverhulme, of Great Britain, presi-
dent of the International Commit
tee Of Scientific Management. is
acting as spokesman for the for
eign contingent.
The congress was called toI
order with a plea by Willis H.
Booth, vice president of the Guar
anty Trust Company of New York
City, for serious study of the
management-labor controversy and
q rejection of emotional econom-
les" He conceded that efforts are
going forward to find the proper
value attributable Ito those who
plan and those who do the work
planned for them"
NAHA @NVHAH
The Washington times., 1938-09-19

many, Czecho-
S | o V aka, Bri-
t a in, France.
ETC., could not
on C e i v ably
fail to have dis
ruptive reper
cussionS on our
S t o C k e x
changes. What
the later influ-
ence might be
is another mat
ter, dependent
upon how the
mighty combat
Jared.
SnO1lld peace
The Washington times., 1938-09-19

There are two
general kinds Of
Service. Z" One
centers in bulle-
tins which are
mailed or wired
out to all sub
ScriberS W h o
pay a regular
S u b S Grip ton
price. The other
t a k e S charge
of the clients"
funds, usually
i n | a r G e
amounts, a n d
manages them
for fees which
The Washington times., 1938-09-19

DEPARTURES
Accumulated excess of tempera-
ture since January /, 1898, 1877.
Deficiency of temperature since
September /, 1888, T.
Accumulated or deficiency Of
precipitation since January !, 1888,
6.3l.
Deficiency Of precipitation since
September !, 1898, 80.
TEMPERATURE
SAME DATE LAST YEAR
Highest eco. u lowest ..... So
The Washington times., 1938-09-19
HANEY DECLARES
Tip SHEETS" OF
LITTLE " 0 R 7 H
Record Just Average,
Survey Reveals
By LEWIS HANEY
Professor Of Economics, New York
University

University
NEW YORK, Sept. 19.-From
Mare Island, Cal, comes the fol
lowing difficult question:
Name the most responsible,
reliable and successful financial
advisory services. From per-
Sonal experience, I have Suf-
fered more harm from the prob
ably well-meaning advice Of
such services than any broker
ever gave me-"
Answer: Even If I could,
wouldn't gives names. Maybe,
however, I can throw some light.
The Washington times., 1938-09-19

PEACE MEANS BIG RISE
This writer cannot subscribe to
the theory voiced by some in Wall
Street that actual outbreak of
war has been fully discounted"
here. The immediate effect of
unleashing pandemonium in Ger.
The Washington times., 1938-09-19
EUROPE CRISIS
CAUSES STEEL
TO LEVEL OFF

CLEVELAND. Sept. 19. - The
steel industry has been affected
by the unsettled European Situa
ton, but as yet only small direct
reflection of the war scare is ap'
parent in domestic markets, the
magazine Steel reports.
Consumers have grown cautious
in their purchases and have
caused demand to level off.
Production has reached 46 per
cent, a new high for the year. De
velopments the last 80 days have
brought operations fairly close in
line with actual consumption and
a slower rate of improvement in
output is seen for the coming
quarter.
FIRST AUTO STRIKE
Efforts of the automobile in
dustry to expand assemblies were
stymied partially last week by the
first strike Of the 1899 model sea-
son. The slowness of automotive
steel shipments has been offset
somewhat by sustained demand
from miscellaneous consumers, to-
gether with a slight gain in rail
road requirements and expanding
activity in building and engineer
ing construction.
Last weeks As point rise in
steel-making was largely the after
math of the Labor Day Interrupt
ton. At 46 per cent, operations
were Is points ahead Of the pre-
holiday period.
GAINS BY CITIES
Pittsburgh, at SO per cent, was
up 4 points, while Chicago gained
3 5 points to Ais and eastern Penn
sylvania increased 2 to 33. Other
districts to increase output in
cluded Wheeling, up 7 points to
Sc; Birmingham, up to 81; Gin
cinnati, up to IS, and Cleveland
up 5 to 48.5. Five centers were
unchanged: Buffalo at 40, New
England at 80, st. Louis at AZ, De
troit at 81 and youngstown at 46.
The Washington times., 1938-09-19
Policy Aims End Monous Threat of War; Hull Tells Parley
Experts Paint
Future Bright
Market Drop Temporary Regardless
Of War, They Declare
By RICHARD R. BAKER

The countrys financial experts in weekend compilation,
have agreed that the market decidedly off, but they give the
cloud silver lining by explaining that the war scare
primarily responsible and whether there not the
current condition is a transitory
The Washington times., 1938-09-19
Stocks bangle
To War NeDG1S
Forbes Sees Prices looming, Once
Peace Becomes Assured
By B. G. FORBES

The security markets of the world danged by European
like tails kite. The week ended fevershy at
low prices definite outcome the other will un-
participate still violent gyratiOnS
The Washington times., 1938-09-19
WASHINGTON STOCKS

Savings Bank Stocks
Bank of Bethesda (75) ..... 25 80
ECON. & Savings QO) ....l23O .....
Fire Insurance Stocks
"+American (6)... 121 .....
Eiremens G2O ,.;::;...,',,. 28 .....
Title Insurance Stocks
Columbia (KD CsO) ........ IL .:..
Real Estate (m) C6) ...... l16O .....
Miscellaneous Stocks
tCarpel (2.0O) ............ IS .
Lanston Monotype (D...... so IS
Lincoln Serv Com (h) G.OO) 20 23
Lincoln Srv Prior Pfd $3.50 ... 81
"Mergenthaler Limo ....... % 23%
Peoples Drug Com G.00) % 80
Peoples Drug S Pfd (6.5O e Ill .....
Real Est NJ & C Pfd (.5O). Al see.
Security Storage (5) ...... 10S 1875
Ter Ref & VIII Corp (3) .... 66 so
+Wdwd & 10th Com 1.50) so zee.
Wdwd & 10th Pfd (O .... Ills .....
The Washington times., 1938-09-19
Westinghouse Gives
Bonus Of | Per Cent

PITTSBURGH, September 10
observation-disclosures Electric-&
Manufacturing Co. has declared a
bonus of / per cent for September
for its wage and salary earners, 1t
was announced today.
The Washington times., 1938-09-19
GAINS BY CITIES
Daily Weather Table

a. m. and sets at 3:17 p. m.
The sun rises tomorrow at 5:52
a. m. and sets at sos p. m.
The moon rises tomorrow at
2:lO a. m. and sets at 1858 p. m.
The Washington times., 1938-09-19

"Ex. Dividend. bBooks closed. tPlus
extras. ~ IN per cent extra. (H) 75c
extra. (g) $14.0O extra paid November
80, 1887. (K) 30c extra. (m) $500 extra.
The Washington times., 1938-09-19
Radio Features TOduu

nE herein due to
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1938-11-25
POSITION
FIRST TEAM

Michigan eleven Like Gregory (Gus)
zittrides of Dartmouth, Heikkenen is
a lineman of the light, active, speedy
type. Both these men have material
~ aided their teams in downfield
blocking, going down under punts,
preventing kickoff returns.
The tackles, Beinor of Notre Dame
and Maronic of North Carolina, were
consistently strong. Both are great
blockers, and powerful on defense
Maronic not only played the best
tackle seen in the Southern confer
ence, but kicked dozen points after
touchdown.
BeinOr in Backfield
Beinor's work in his opponents
backfields. is well known. He has
stood out all season on team that
has not tasted defeat or known tie
Oklahoma's impregnable defense IS
known throughout the country. and
one of the first reasons is Waddy
Young, 203-pound senior, who also is
crisp downfield blocker. Several of
the captains commended his smart
ness, and refusal to be blocked out on
runs.
What would happen if the players
of the Captains All-America could be
placed on the field against another
great team? Well have to leave that
to the maginatfon- but looking over
the lineup, our guess would he that
the captains have; picked right. It's
the greatest eleven in the land.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1938-11-25
BY BILL BKAUCHER
Central Press Sports Editor

For the ninth straight year, Central
Press presents it's All-American foot
ball team, chosen by more than SO
captains of university and college
teams throughout the United States.
The Captains All-American has
taken on the dignity of an authentic
tradition, selected by the men who
play the game themselves, men who
should know better than any individu-
al in the pressbox or stands the COM
parative value of their opponents or
teammates. In schools where there
are no regularly elected captains, or
where captains are appointed for each
game, a consensus among the players
established the choices shown here
with
Of the many All-American teams
chosen every fall the Captains team
possesses qualities that are unique
1t is not a team established by hear
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1938-11-25
HEELS OVERPOWER
CAVALIERS, 200
North Carolina Uses Every
Scoring Method To Win
Traditional Game

Charlottesville, Va, Nov 25.-(AP)
North Cardinals Tar Heels over
powered the University of Virginia 20
to yesterday as these two old rivals
wrote another chapter in Dixie's old
est continuous football rivalry.
A crowd of $500 sat in a singing
sleet storm to watch the Tar Heels
tske quick advantage of all scoring
opportunities for their sixth consecu-
tive victory over the Cavaliers.
Every method of tallying in foot
ball was employed by the Carolinians
with two safeties, two touchdowns
field goal and point after touch
down contributed to the victory mar
gin. The Virginia squad fought stub
bornly and displayed a better offense
around the midfield section, counting
eight first down to for the Tar Heels
but were unable to- threaten seriously
in paYoff territory.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1938-11-25
STARS WHIP
NASHVILLE, 7 TOO.
Durwood Turner Goes Is
Yards For Henderson's
Score In Second Period

Henderson had it's own Thanksgv-
ing football game as an all-star aggre-
cation met a similar team from Nash
vile, winning z to 0 before fair
size crowd that stood in cold, misty
rain, to witness the game.
Henderson outweighed the visitors,
but lacked polish, falling short in
several goal line marches.
Nashville never threatened at any
time, never crossing the so yard lire
during the game.
Henderson's score came in the Sec
ond quarter when Durwood Turner
went around his own left end for a
touchdown. Not a hand was laid on
him on his jaunt. Erskine Clements
took pass for the extra point.
Jackson, big fullback, plowed the
the visiting line almost at will, but
the Nashville eleven held when Hen
derson threatened to score.
Henderson used many of the old
high school stars, all of them turn
ing in fine games. Bill Scoggin, little
quarterback, looked good in several
plays.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1938-11-25
WOLFPACK YIELDS 4
TO CARNEGIE TECH
Thanksgiving Game In Raj
eigh Is Thriller, Skibos
! Win IA To O

North Carolina States Wolfpack
battled Carnegie Techs great eleven
almost to a stand still, during the first
two periods, and then yielded to, "a
better gridiron machine IA to in tile
final period of their clash yes terday
in Riddick Stadium, Raleigh.
Some 10000 were on hand to witness
the contest.
Condit, in the third period, swept
through the left side of States line,
and went 81 yards for a touchdown.
he received perfect blocking on the
pay. Fisher took a long pass in the
fourth period for the other touch
down. Both placements were good.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1938-11-25
Football
Schedule
November 26 !

November 26
Home 1887
Team 8 Score
Army1Navy so
Boston Coli Holy Cross .O.2O
ACKNOWLEDGEMENT Maryville ..DNP
Catholic U.-South Carolina. .27-14
Colorado Coll. Occidental ..DNP
Duke-Pittsburgh .O-1O
Observation-Disclosures Poly ...... OLA
Fordham-New York U........2O-7
Georgia Georgia Tech .6-6
louisiana Tulane .......... POT
Mississippi Sta mississippi. ..9-7
Morris Harvey-Da Elkins. .DNP
Oklahoma A. & Mo Oklahoma Ole /
Oregon-O Oregon State oil
Rice-Baylor 1877
st. John IND, VI. Hopkins. .O-13
:. Bernardino J. Phoenix. .DNP
s. Methodist-Tex. Christian. (. .O-3
Stanford Dartmouth ......DNP
Tampa Rollins 1920
Tenn. WeslkyanT Trey Trs sDNPx
Texas hiNfafduefte 2 ~. .DNPE
Tusculllm- Mills II y |. Ii y, ]. & o.,
Washingt ashI 5St afe s 1. mi
"hittier-Tefnps Tr s6s
December 2 tNs3glf
N. Mexico State-Drake ..DNp
Miami Ella. )-Georgia ops
Rollins-Stetson .............1 2.15
December s
Florida Temple -. 81
Fresno State-El Paso Mines. .DNP'
Hawaii-San Jose Tr. .6-7
Howard Payne-F1ard Simmons ~
Louisiana Tech Hammond Tr. DNP
Observation-Disclosures State. DNP
Rice-Southern Methodist .....15-7
st. Mary (Hex. Toledo. .DNP
9. California-Notre Dame ..6-13
Tampa Bowling Green Tr. .O-1S
Tennessee Mississippi ..32-0
=. s. Marines-college Pacific 14-14
December 10
y. e = A.-oregon state. .....7-7
I December II
Hawaii-Utah ...............DNP
Complies By Central Press
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1938-11-25
DAVIDSON LOSES
TODEAcONS, 21-O
Wake, Forest Has Very Lit
tie Trouble In Turning
Back Wildcat Eleven

Charlotte, Nov. 25.-(AP)-Wake
Forests ripening sophomores, wind
ing up their first year of varsity play
gave promise of better things to come
as they drubbed Davidson 21,0, yester-
day in their traditional Thanksgiving
Gay game.
Some $500 fans saw the contest
played in a cold rain.
The Demon Deacons, victoryless in
their last five starts after fine early
season record, won as they pleased
from the battling Wildcats, racking
up touchdowns in each of the first
three periods.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1938-11-25
All-American Teams Selected by Football Captains

SECOND TEAM
Brown, Notre Dame
Wolff, Santa Clara
Book, Iowa State
Aldrich, Texas Christian
Luzouski, Pittsburgh 4
aTwedell, Minnesota
Daddio, Pittsburgh
Hall, Mississippi
Pingel, Michigan State
Mccullough, Oklahoma
Osmanski, Holy Cross
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1938-11-25
THIRD TEAM

THIRD TEAM
Wyatt, Tennessee
Hale, Texas Christian
McGoldrick, Notre Dame
Schmidt, Carnegie Teen
Smith, Southern California
Cato, Louisiana State
Holland, Cornell
Mcleod, Dartmouth
Luckman, Columbia
Cassiano, Pittsburgh
Upton, Duke
Evening star., 1938-03-28
WAGE LAW UPHELD
YEAR AGO TOMORROW
Since That Time Minima Have
Been Set for More Than 10000
Women in D. C.

One year ago tomorrow the Su-
preme Court handed down the decision
which had the effect of validating
the Districts minimum wage law.
The statute, which had been ruled
unconstitutional in 1923. after being
in operation five years, was put into
effect again by the unprecedented
decision of the high tribunal in over
ruling a previous action and upholding
the constitutionality of the minimum
wage law of the State of Washington.
The decision was handed down March
30, 1887.
Since that time the District Mini
mum Wage Board has set basic wages
for more than 10000 women employees
in the District Last February IA the
minimum wage set for retail clerks
went into effect. Some 12,50O women
were affected by this decision.
On May 8 the new basic wages for
women employed in hotels, restaurants
and allied industries will go into op-
GRAFTON, affecting some 5000 women.
The board is now engaged in fixing
minimum wages for female employees
in laundries and dry-cleaning estab-
llShmentS, and it is estimated this
Will apply to some 4,500 women work.
ers. The board has completed it's
public hearings in this case, and
will hold the first of several executive
hearings tomorrow.