davidaulloa/AmericanStories huggingface dataset:
Imperial Valley press., 1938-03-09
l.. A. BANKS

LOS ANGELES, Mar. 8 (UP) =
fransamerica ...,...... lO-lOh
The Washington times., 1938-10-25
BALTIMORE PRODUCE

o.; Long Island. best. SIC y qt.;
Cabbage-Market dull. Truck, New
York, 5O-lb. sacks, DaAish, $50 @4oc,;
vania, 5O-lb. sacks, round type, % a SOC.
80 a s5c.
Carrots-Market dull. California
western crates, punched. best, $3Q3.25i
few higher; small size, mostly $3.50
topped. washed. coreless 65@9Oci
Chantenays 50@75c. Rail. bushel baS
kets, coreless, S0@S5c; Chantenays, 6;
| Q7Oc.
Cauliflower = Market dull. Long
Island, standard crates S5@S0c; mostly
Ceiery-Market dull. New York, .;
crates, washed. all sizes. best. $3.50
1.65; few higher; 10-inch crates. indi
vidually washed and preceded. all sizes
ks mostly 81.
Cucumbers - Market dull. Georgia
bushel baskets. U. S. fancy, mostly $3.50
U. S. Is. mostly 81: ungraded, S1.25
$50. Florida. bushel hampers and bas
kets, U. S. fancy, $2'2092.6O; U. s. Is
Eggplant-Market dull. Florida, bushe
$2.25@275.
Lettuce - Market dull. California
crates, Iceberg, dozen, $3.50@4.
| Lima Beans-Market steady. Bushe
hampers, Eastern Shode. irginia, $1.75 g
2.25: Lonk Island, $1,000.
Mushrooms-Market unsettled. Mary
land and Pennsylvania, 4-quart baskets
50@60c; few higher.
Onions-Market steady. Minnesota, So
pound sacks, Globes. u S. Is, mostl
85c. New York, 5O-pound sacks Globes
U. 5. Is. CSC 6$1; wasty. Is a S5c. 5O-poun
sacks sweet Spanish. U. Sis. 3 inche
minimum Idaho, $1.1591.25; Colorado
mostly 81 %
The Washington times., 1938-10-25

BALTIMORE. Oct. 25.-Local produce
(Prices represent sales in large lots to
jobbers and other large buyers of stock
of good merchantable quality and con-
dition):
FRUIT
Apples-Market dull. Medium Mary
land, Pennsylvania, Virginia and West
Virginia. Bushel baskets U. S. Is, 2h-
inch minimum. delicious, $1.1561.4O,
few higher; Jonanthans. $1.10G1.25;
Stayman. 9Oc@$1.15, few higher; Romes
and Smokehouse, 75@S5c. few higher;
Grimes, s5c@S1; Hubbardstens, 65@75c
Yorks. 7568Oc. Various varieties un-
classified. best. 50@60c; poorer. rs o 40c.
Boxes. Washington combination fancy
and extra fancy delicious. $2.156 2.25;
fancy. Jonanthans, $1.75@2.
Cranberries-Market steady. Massa-
chusetts early blacks, H-bhl boxes 50
q2.5O; b-bbl. boxes, $1.5061.75.
Grapefruit-Market dun. Florida boxes
U. S. Is. &1.75@2; combination Is and Is,
$3.50, few higher; U. 8. Is, $1@ 80.
Texas boxes U. S. Is, pfnks, $2@2.25O
Marsh seedless, $1.5O@1.75.
Grapes-Eastern market steady. New
York. 3-Qt. Concords, U. S. Is, table, 15c
Honeydews-Market steady. California
crates, all sizes, $2.25 q 2.40.
Oranges-Market dull Florida, boxes
U. S. Is. $1.75 Q2.50; combination Is and
2s. $1.75@2.25: U. s. 2s, $1.50@2.
Pears-Market dull. Truck, New York
bushel baskets Seckels U. S. Is, 1h-incf
minimum, s1.5O@1.65; ungraded, 81 q
1926; rail, New York bushel baskets Shel
don U. s. Is, 2-inch minimum, $1.25 q
lao; Danjous u. S. Is, 2-inch minimum
S1@1.25, few higher; Seckels, ungraded
1N-inch minimum. mostly around 75c
| u a-bushel baskets Seckels, U. s. Is N
| inch minimum. 81 @110.
RULE ADD ONE
| Quinces-Market dull; New York
bushel baskets, ungraded, mostly arounc
81. -
Bean (snap)-Market dull Florida
bushel hampers Black Valentines, $1.5I
| @165; Bountifuls, mostly around, 75c
green, round stringless, $1d 1.25. East
ern Shore Virginia, bushel hampers
Bountifuls, so a Csc. Nearby, per bushel
green round stringless, Oc@$1.
Beets-Market dull. Nearby. IL q q
per bunch.
Broccilli-Market dull: crates. Pennsyl
vania, $1.10@1.25: Long Island, 75c@$1
California, $2@2.25.
Brussels Sprouts-Market dull. Califor
mia. u drums, NEST, $2.25: poorer, $1.5(
The Washington times., 1938-10-25
Navy Orders

The following transfers Of Navy
officers were announced today oy
the Navy Department:
Lieut.. Comdr. Francis j. Nee from
New York city to U. s. s. Ellet; Lieut.
Richard NJ. Farrell from U: s. D.
Arkansas to Submarine Base,NNew Lon
don. Conn; Lieut.. James d. Fulp, 1r''
from U, S. S. Winslow to New LONDON
Conn.,; Lieut.. Claude s. Kirkpatrick
from U. S. 8. Ralph Talbot to New
London, Conn; Ensign John F. Cneney
from u. S. s. Arizona to U. $. ). SImp-
son; Ensign Robert B. Erly from U. s.
8. New Mexico to U. s. s. Conyngham
Ensign Frank E. Hayler from U: ). 8
Simpson to New London. Conn; EnslgI
Thomas X. Kimmel from U. s. 8; idahc
to New London. Conn; Ensign Willlan
B, Parham from u. s. s. Nevada IS
New London, Conn: Ensign Joseph H
Patterson from New London, Conn; u
u. s. 8. Squalus; Ensign Hugh n. KIM
mer from u s. S. California to U. >; )
Perkins; Ensign Frederick H. SchneideTr r
| ir., from u. s. s. Idaho to u: ;.
Reid; Ensign Archibald E. Teal from
U. s. s. Oklahoma to Z. s. s Dorsey
Ensign John H. Turner from New Lon
don, Conn, to U: S; S. sculpin; Ensig, En.san
William H. Wright from U. s. s. Tusca
| loosa to New London, Conn; Lieut.
Fred L. Haerln, jr., Blu. s. ana A
Navy Dept to u. S. s. st. Louis
The Washington times., 1938-10-25

reau of Standards, after testing
gas meters was compelled to re
port that, not only were errors
rare, but that in borderline cases
consumers were given the benefit
of the doubt"
Consolidated Edison of New
York has just published statistics
showing that since 1881 its larg-
est item of expense, its wage bill,
is up over IL per cent, that its
second largest expense, operating
taxes, are up SIS per cent-to $48,-
960, ,362-and that the cost of
coal and other supplies has gone
up 81 per cent since 1881; but
that the average rate charged
householders for electricity has
been steadily reduced and is now
II per cent below the 1881 level.
RUBBERS STATUS
Next, take the rubber industry,
President Paul w. Litchf1eld of
Goodyear, points out that, where
as the average mileage of a tire
in 1926 was only 14,20O, it is now
26,500; that the cost per mile to
the passenger car user has been
cut from .00169 to .00073,. equiv
alent to a reduction in cost per
pound from $1.55 to 0.884. He
declares that for the 1920, ,226
cars in the ChevroletFord-Plym
outh class the annual tire saw
ingS aggregates no less than $517,
321, ,661. Here, also, wage rates
and taxation have scared to rec
ord-breaking heights.
Concerning the oil industry,
President J. Howard Pew, of the
Sun Oil Company, records that in
1920 the average cost of gasoline
was 29.7 cents, and there were
practically no gasoline taxes: in
1886, the average service station
price, after deducting over S
cents for taxes, was 14.3 cents.
THE TRUTH TELLS
If business and industrial lead.
erS would only take half the pains
to tell their story to the public
that politicians have taken to de-
business and industry to
the public, business-baiting
wouldn't get to first base-and we,
wouldn't have such a shocking
of unemployment or such
staggering Federal deficits and
debts.
First, do the right thing. Then,
let the people know you are doing
the right thing.
fConvright. 1898. by 3. c. Forbes)
The Washington times., 1938-10-25
STOCK MARKET
IN MODEST RISE
FOR FIFTH DAY
Bv LESLIE GOULD

NEW YORK, Oct. IS Q.NS).
Another modest advance in the
stock market today made it five
straight for the bull side. A few
issues were up point or so, but
most price changes were limited
to small fractions.
Trading was fairly active at the
opening, but slowed appreciably
later in the forenoon. First-hour
sales amounted to 100000 shares.
HIT NEW HIGHS
Several individual issues again
climbed to new highs for the year.
Douglas Aircraft continued the
outstanding strong spot, adding
more than 2 points to yesterdays
squirt of 334. Bethlehem and
Youngstown Sheet and Tube, each
up fractionally, also went into new
high ground.
In the active utility section,
NO1lSO11AdICO GAAoOI1 oAAO ANAA%
Service of New Jersey gained close
tn a point, while Electric Power
and Light and American Water
Works moved up fractionally
Cerro de Pasco in the metals, and
Air Reduction in the chemicals
each advanced about a point.
OTHER ISSUES UP
Rails, oils, motors, building
shares and mail orders all were
above previous closing levels. A
few individual issues Jagged, in
cluding Allied Chemical, off al
most 2 points, Western Union and
Owens Illinois Glass.
Commodities were dull. The
bond market again was featured
by strength in Nickel Plate liens
Foreign security markets gen
erally were steady.
The Washington times., 1938-10-25
MEETING TONIGHT

All building and loan aSsocia'
tions in the city are expected to
be represented at the annual meet,
ing tonight of the District Build
ing and Loan League, concluding
IA years activity that brought an
Increased membership and inter
national honors to two of its out
standing members.
F. Wilson Camp, secretary OF
the league. has urged the % mem
ber associations to send full dele
cations to the meeting, explaining
that the league will plan its par
+ticipation in the convention of the
United States Building and Loan
in Chicago next month.
Washington's expected to be Sc
lected as the convention city next
year.
Arthur G. Bishop, president of
the league, will preside at to-
nights meeting in the Oriental
Building.
The Washington times., 1938-10-25

IuOVII1S SdGCo
and hanging them on hitching
posts passed not because there
are few gates and no hitching
posts, but the youngsters have
become more safety" minded,
too, and fail to see the fun in
being destructive.
NOT LAUGHING
Reminds us of a true case Of
many years ago. A young play
mate of ours was out with the
gang" helping to take apart q
farmers buggy and reassemble it
on the roof of his barn. 1t was
a long and hard job, and when
it was completed they were sup
posed to be rewarded with a BIG
laugh when the angry farmer
discovered the prank.
BUT when they started
back to the town they found their
own bicycles GONE. The farmer
lads had turned the tables on
them and when they reached the
village, foot sore and tired, they
were greeted with the sight Of
their OWN PROPERTY nicely
draped on the TOP of the tele-
phone poles in front of their own
homes.
HARMLESS FUN
It took a lot of extra bolts and
spare parts to put them all back
together again and proved the old
saying that "He who laughs last,
laughs best"
Most youngsters Of today con-
tent themselves with the harmless
type of Halloween jokes, and, in
the long run, have much more
fun. Costume parties, paradeS
and q general good time are on
the schedule for this years Fall
Festival" of Halloween" so
let's all have a good, SAFE time.
THE OLD SKIPPER.
The Washington times., 1938-10-25
NEW FINANCING

Carrier Corporation, pioneer air
conditioning manufacturers and
distributors, is undergoing new
capital financing through a group
of bankers headed by Hemphill,
Noyes and Company, by the offer
ing of an issue of $2,5O0,000 10
year AZ per cent convertible sink
ing fund debentureS.
The debentureS are priced at
100 per cent plus accrued interest
and are convertible into common
stock at the rate of 40 shares
through October /, 1941; SO shares
thereafter through october /, 1914,
and 80 shares thereafter through
July Is, 1948.
Net proceeds will be used to re.
tire $1,500,000 in existing bank
loans and the remainder will be
added to working capital.
The Washington times., 1938-10-25
FIRST FEDERAL
REPORTS LOANS
OF SIS 64,4S7
Building Associations
Oct. Is Statement
By RICHARD r. BAKER

First Federal Savings and Loan
Association - WaShington's baby
building-loan firm-has placed a
total of $1,564, ,487.41 in first mort.
gage loans on homes in this
vicinity, according to an analysis
of its october Is statement, re-
leased today.
Maintaining a healthy level, the
firm also reported that $1,025,-
1861 in investment shares had
been sold to old and new members.
Carl H. Ellingson. executive
manager, said that sales totalling
$282, IT'S of real estate held by the
association have been made.
The Washington times., 1938-10-25
Cattle Awarded
II Prizes on TouI

Prizes and championship rib
bons from several State fairs and
shows were brought to Washing
ton yesterday by Mr.. and Mrs. F.
Henry Jones, 4971 Hillbrook Lane
N. w., on cattle from their farm
near Bethesda. Star Of the Jones
show animals is L'Alva Susie @,
Junior yearling Jersey heifer, win
ner of the Junior championship
at the National Dairy Show in Co
lumbus, Ohio, last week. Eleven
other prizes were won by the stock
on a tour of shows.
The Washington times., 1938-10-25
The Weather

District of Columbia -- Fair
slightly colder tonight, probably
heavy frost in the suburbs
Wednesday fair, slowly rising tenn
perature; gentle west winds.
Maryland and virginia-Fair to
night, colder in central and east
portions, light frost in extreme
east and heavy frost in centraI
and west portions; wednesday
fair, rising temperature.
TIDE TABLES
High tides today at 9:O2 a. m
and at 9;25 p. m.
Low tides today at 3:39 a. m
and at 3:45 p. m.
High tides tomorrow at 9:4S
a. m. and at 1903 p. m.
Low tides tomorrow at 4:21 a. m
and at 4:27 p. m.
SUN AND MOON
The sun rises today at 6:27
a. m. and sets at SIT p. m.
The moon rises today at 8:41
a. m. and sets at 6:51 p. m.
The sun rises tomorrow at 6:29
a. m. and sets at Sis p. m.
The moon rises tomorrow at 9:37
q. m. and sets at 1888 p. m.
The Washington times., 1938-10-25
Money Markets

NEW YORK, Oct. Is Q.N.S).
Bankers acceptance rates un-
changed with 80, so and 90-day
bills quoted at "a to 7-6 per cent;
four months at 9-16 to 1a per cent,
and five and six months at 70 to
9-16 per cent.
Time money offered at IA per
cent, for 90-day maturities and
at ~ per cent for four, five and
six months maturities all un-
changed.
The Washington times., 1938-10-25
Air Fares Cut
By United Lines

New reductions in air traVel
fares were announced today by
United Air Lines.
The new fare schedule, which
goes into effect November l, viii
be $196.8O the round trip from
Washington to Portland and Seat
tie, it was announced by D. Walter
Swan, district traffic manager fo1
the air line.
The new fares will be approXi
mately 312 cents a mile, bringing
the air traffic to about the lame
as firstrclass rail fare plus Pull
man and meals.
The Washington times., 1938-10-25

FirS t, h e e x
plains that Re
we're as a whole
m u S t succeed
or you and I
cannot succeed
or have steady
employment. :.
Our interests
are ide n t i cal
W h e t h er our
part is as a
factory worker,
foreman, engl-
neer, OF c e
worker, sales
man, or man
acer. and LET lis
The Washington times., 1938-10-25
Net Loss Increased
By Western Pacific

NEW YORK, Oct. Is Q.N.SO.
Western Pacific Railroad Com
pany operated at net loss of $4,-
453,757 in the first nine months
of 1898, according to figures re-
leased today. In the same 1887
period the road reported loss Of
$2,79O,586.
The Washington times., 1938-10-25

recognize in the beginning CnaI
our customers, in the end, are our
real Bosses"
REPORTS ISSUED
He explains that reports to
those who made the enterprise
possible by supplying it with capl
tai have been customary and that
hundreds of reports are also
issued to Federal and State de-
partments. Now he proposes to
report frequently to all the COM
pany's workers. He adds:
I'VE are moving through
waters that are rough and un-
certain, but with each and
everyone doing his bit, we will
find safety and security"
A lucid summary of the "finan.
cial highlights of our company's
operations from January l to
June 80, 1885," is given. 1t shows.
among other things, that of the
total income of $12,177,0O7. more
CQan 90 per CeuC, Was pdlO 1Or
metals, 19 per cent "for fuel,
transportation, supplies and other
costs and expenses" 512 per cert
was laid aside Ito replace wear
ing out of plant and equipment, ="
less than 2 per cent was paid in
interest for borrowed money, and
fully % pei cent was taken by
tax collections. After paying en-
ployes and management $3,601,- :
918 in salaries and wages. the
result was loss Of $1,819,710 to
stockholders.
ALL COSTS RISE
You know how the New Deal
has blackened public utility man
agements. But the Federal Bu-
The Washington times., 1938-10-25

the realization
that "Hallow-
cen" Is almost
here
The window
Of our new car
read . For
sale cheap . .
10c" in soap -.
but for the
most part, the
youngsters con-
fine themselves
to the harm
less pc Of
prankS. Th e
old days of re-
moving gates
The Washington times., 1938-10-25

FabIed Kraken, Super Octopus, still
alive? DR.. Julian Huxley, eminent
scientist, explains why he thinks the
gave supernatural power may not be
wholly q myth after all. A full page
illustrated feature in The American
Weekly the magazine distributed with
next Sundays Washington Herald
The Washington times., 1938-10-25
LOCAL TEMPERATURES
DEPARTURES

DEPARTURES
Accumulated excess of tempera.
ture since January l, 1888, 75l.
Excess temperature since Octo-
ber l, 1888, %.
Accumulated deficiency of pre-
cipitation since January l, 1888,
634.
Deficiency of precipitation since
october /, 1888, 1856.
Temperature same date last year
Highest, Sc; lowest. 81.
ATUTRES
The Washington times., 1938-10-25

President C. D. Dallas, of Revere
Copper and Brass, has just started
a series Of monthly communica-
tionS to employees as a part of a
"know-your-company" progr
The Washington times., 1938-10-25
TRADE BALANCE
$50 MILLION FOR
u. S. IN | 8 3 8
Exports for September
Far Above Imports

Q.N.S) Led by a rise in agri
cultural shipments, American eX'
ports for September exceeded i'm
ports by $78,71O,0OO and gave the
United States q favorable balance
of trade of $3.50, $4,000 for the
nine months of 1898, the Com
merce Department reported today,
September exports ware valued
at $246, 1851 900 while imports ag-
gregated $167 ,651 900. For the
nine months shipments abroad of
American goods had a value of 50,
295, ,196, 900 while imports totaled
81, 434,962, 900.
LESS THAN USUAL
While September shipments of
agricultural products were larger
in volume than in August, the de-
partment said the increase was
less than Is usual at this season.
Agricultural exports in Septem-
ber were valued at $75, 10000 as
compared with $61,441, 900 in Au-
gust.
Exports of grain and prepa-
rations which had been unusu-
ally large in the preceding
months of the year declined
from a value of $l9,90O,000 in
August to $10,90O,000 in Sep
tember," the department re-
ported.
Although exports of raw cot
ton increased compared with
the August shipments. they were
smaller in quantity than in any
corresponding month since 1922,
and their value totalled $780,
500, 900, an unusually small fig
ure for September. Exports Of
meats, lard, fruits and tobacco
increased in quantity and value
both as compared with the pre-
ceding month and the cor
responding month Of the pre-
ceding year."
GOOD IMPORTS
Imports of foodstuffs were val
ued at $49, 1000, 900 were about the
same as in August. A slight rise
in the imports of manufactured
foods was noted in September.
For the nine months Of the yeal
AGRICULTURAL exports, reflectine
ABOVE average crops of grain in
1887, were % per cent higher than
year ago. They were valued
at $6O2 10000
Shipment of corn to foreign
countries were the heaviest fol
any corresponding nine months
period since the early 1920's.
The Washington times., 1938-10-25
IT'S ALL IN FUN
|ON HALLOWEEN,
SKIPPER AYERS
Destructive Franks Not
The Rule Nowadays
BY DON HIx

Heigh-ho, shipmates. From the
"ticktacks" and soft soap" on
the windows we are brought to
The Washington times., 1938-10-25
Costs Increase
As Pay Goes Up
Business Not the Ogre Usually
Believed, Expert Explains
By B. G. FORBES

If the truth hurts business business should be hurt If the
demonstrates the aiy of attacks business whether
by politicians radical labor leaders, the truth should be told
Some significant DEVELOPMENTS:
The Washington times., 1938-10-25
PREPARE NOW

At present, however, the bust
ness picture is changing again
Various industrial signpoSts are
pointed toward a sustained eco
nomic rise and board advisers are
of the opinion that it would be
good policy to prepare for the
future.
Last week the surplus funds OF
Federal Reserve member banks to
tailed $3,270, 600, 900, close to rec.
ord of $500, 100000, set in 1885,
With foreign gold continuing to
flow into the United States, board
members said they would not be
surprised if this surplus touches
$4,000, 900, 900,
The Washington times., 1938-10-25
Washington Stocks

SALES
Washington Gas Light, prefer.
red, 20@101.
AFTER CALL
Washington Gas Light, prefer
red, 10@1u1, 10@101, 10@101, So
101, 10@1O1, 10@101.
Capital Transit Company, 47@8.
The Washington times., 1938-10-25

"Ex-dividend. bBooks closed. +Plus
extra. h75c extra. g$14 extra paid
November 80. 1887. k3Oc extra. m$3
extra. p50 cents paid September 20,
The Washington times., 1938-10-25
REIN ON CREDIT
ADVOCATED FOR
RESERVE BOARD
"Prosperity StabiIizer'
Mechanism Urged

UN.S.) A new financial mech
anism that would be used by the
Federal Government as a sort OF
prosperity stabilizer" was under
scrutiny today at the Federal Re
serve Board.
This mechanism would give the
board completely flexible power
in adjusting bank credit to eco
nomic conditions and thus enable
the Government to halt harmful
credit expansion in good times and
permit easy" money conditions
when business slumpS.
Currently, the boards authority
to contract bank credit in the
event of a runaway business boom
is virtually exhausted. Under the
1885 banking act, the board was
authorized to reduce within GER
tain limits the amount of money
banks could use for lending.
UTILIZED IN 1896
This was accomplished by per-
mitting the board to raise reserve
requirements - the amount OF
funds that banks must keep in
reserve against their deposits.
In 1886 and 1887, as business
bounded upward, the board uti-
lized all its powers and increased
reserve requirements 10 the limit
permitted under the act. At that
time it was thought that the huge
amount of idle funds in banks
would set off a dangerous credit
initiation.
This spring, when business was
experiencing a severe setback, the
board reduced the reserve require"
mentS slightly and thereby re-
leased about $750,0O0, 900 for lend
ing,
The Washington times., 1938-10-25

Most
Stocks

Furnished by W. b. Hibbs & Coz
The Washington times., 1938-10-25

ager; and let us d. - E"'"e
recognize in the beginning that
our customers, in the end, are our
real BOSSES"
Evening star., 1938-04-14
Taxes in Conference,

Quite evidently President Roosevelt
fails in his urgings that the undistributed
corporate profits tax be retained to take
cognizance of two important factors in
volved in the question.
He makes much, for instance, of the
point that removal Of the punitive prin-
ciple would leave corporations possessed
Of powerful incentive to allow accumula-
ton of surpluses for the purpose of de-
creasing tax liability on large stock
holders.
He makes no mention, however, of the
fact the section 102 of the revenue laws
specifically imposes heavy penalty tax
upon corporations found to be making
such improper" accumulations; and that
the Senate, desirous Of eliminating the
much criticized undistributed profits tax
as stimulant to tagging industry but
not as an encouragement to tax evasion,
revised section 1o2 in way calculated to
make it more effectively enforceable.
Mr.. Roosevelt fails, also, to advance
any answer to the principal complaint
Of those opposing the undistributed prof.
its tax, namely, the requirement that
corporations, If they would avoid a vary