davidaulloa/AmericanStories huggingface dataset:
Evening star., 1939-11-17
Member Bank Deposits
Drop at New York
Bs the Associated Press.

By the Associated Press.
NEW YORK, Nov 17-Member
bank deposits for reserve account
with the Federal Reserve Bank of
New York declined around s43,000,-
900 during the past week, the banks
condition statement disclosed.
The United States Treasurer's ac-
count with the bank rose about
$37 100000. Gold certificates on
hand and due from the United States
Treasury fell around 27,000 900.
Federal Reserve notes in actual
circulation were about 100000
fewer
The banks holdings of United
States Government securities was
about sl4,0o0,0oo lower
The condensed statement follows:
Gold certificates on hand
ury --s6e71 ,O3e 900
Total reserves 1853, 11S,000
Bills discounted:
Secured by U. s. Govt obli- oooooo
Tossl ssi'Shi Siiis discounted 1,s9s is9s COO COO
Bills bought in open mar
Industrial advances 1874 900
Total u s. Govt. securities s33. 1891 900
Total bills and securities S37.474,O 600
Uncollected items 244,S16,000
in actual circulation - 1903. 81 G, 900
count 6Oa6, ,a1O 900
Total deposits $3.50, 962 900
Ratio Of total reserves to
tserve, note liabilities COM
Evening star., 1939-11-17
Two Named to Board
Of Chicago Reserve
BY the Associated Press

CHICAGO, Nov. 17.-Walter J.
Cummings, chairman of the board
OF the Continental Illinois Bank
& Trust Co. of Chicago, and Max
Wellington Babb, president of Allis-
Chalmers Manufacturing Co. of
Milwaukee, Wis, yesterday were re-
elected directors of the Federal Re-
serve Bank of Chicago.
Both were chosen for three-year
terms, beginning January /, 1910.
Evening star., 1939-11-17
Excess Bank Reserves
Decline Further
During Week
TotoI Still at High
Levels Despite Lag
In Recent Periods
By the Associated Press.

By the ASSOCIATED Pfess
Lendable excess reserves of banks
dropped again last week, falling
$3.50, 900 900 in three weeks to $5,17o,-
100000.
The total, however, is still so high
that Chairman Mariner S. Eccles
Of the Federal Reserve Board last
week advocated a tax program
which, he said, would help reduce
the excessive supply Of idle money.
In the week ended November Is,
the decrease amounted to $3.50, ,0O0,-
900, due primarily to governmental
borrowing through the Reconstruc-
ton Finance Corp.
The board also disclosed that the
IL regional Federal Reserve banks
decreased their holdings of Federal
bonds by $1,000 900, of Federal notes
by $4,000, 900 and of Treasury bills
by 2l000,000 during the week.
The boards statement said:
During the week ended Novem-
Der Is member bank reserve bal
ances decreased sl62 ,0000 Re-
ductions in member bank reserves
arose from increases of S216, 200, 600
In Treasury deposits with Federal
Reserve banks and S78,0O0,OOO in
Treasury cash, and a decrease of
s6,000,000 in Reserve Bank credit,
offset in part by decreases of s25,-
0OO,OOO In money in circulation and
$1,000 600 in non-member deposits
and other Federal Reserve accounts,
and increases Of $l03, 900 900 in gold
stock and 100000 in Treasury
currency. Excess reserves of mem
Der banks on November Is were
estimated to be approximately S.
l7O,0O0O00, decrease of S1SO, ,0OO,-
600 for the week.
The principal change in holdings
OF bills and securities was a de-
crease of S38.000,00O in United States
Government securities, direct and
guaranteed; holdings of bills de-
creased $2l 10000 of bonds SO OOO,-
SIS and of notes $4,000, 600"
Changes in member bank reserve
balances and related items during
the week and the year ended '1ovem-
Der Is, 1889, were. reported as fol-
lows:
Nov Is Nov Nov 10
1889 1889 1a3s
,.u In millions of dollars
Evening star., 1939-11-17
700 Tons of Lead Sold

NEW YORK, Nov. II P.-St.
Joseph Lead Co. reported rs tons of
Southeast Missouri pig lead sold
Yesterday at s5,35 per 100 pounds
East st. Louis, 500 tons at $3.50 New
York and l25 tons at the New York
average.
Evening star., 1939-11-17
Foreign Markets

LONDON. Nov 7 lPl.-Buyers got busy
after. uncertain early price changes De-
mand was mostly from investment sources
and concentrated on gilt-edged issues.
Brazilian loans were favorites among for
eign bonds Gold shares and rubbers at
tracted fair inquiry while oils tended lower.
International issues moved decisively
against the main trend Industrial lead
ers kept in the background.
PARIS.-In brisk trade Bourse securities
slanted higher today. Buying centered on
domestic equities while foreign shares
shifted unevenly. Rentes closed 90 to 235
centimes higher.
AMSTERDAM.-TheB Bourse broke out of
. recent trading rut with substantial gains
today.
Evening star., 1939-11-17
New York and CHICAGO
Bank Looms Climb

BY the Associated Press.
The Federal Reserve Board says
New York City banks increased
their commercial, industrial and
agricultural loans by $4,000 900 to a
total of 1882 100000 in the week
ended November IS.
Chicago banks boosted similar
loans $4,000,000 to total of $780,
100000.
Evening star., 1939-11-17
Dry Goods Market

NEW YORK, Nov II lP.-Some bust
ness in osnaburgs and heavy sheetings for
burlap and jute substitutes was reported
IN Worth streets cotton goods market to-
day. Prices on osnaburgs were frmer
while heavy sheeting quotations held tight
at recently advanced levels
Rayon market business was confined to
routine demand for standard fabrics. n
tereSt IN silk fabrics was restricted. Tn
market for wooden textiles remains spotty
Evening star., 1939-11-17
Steel Due From japan

MANSFIELD, Ohio, Nov. II (P.-
The Empire Sheet g. Tin Plate Co.
shortly will begin shipment of a
$500, 900 order of sheet steel to Japan
for farm implements, diverted here
from Germany, where it had been
placed before the war began.
Evening star., 1939-11-17
U. S. Treasury Notes
NEW YORK, Nov 17.-Prices quoted
in dollars and thirty seconds:
Poris Exchange Rates

PARIS. Nov. II (P,.-The United States
dollar was unchanged at 1880 francs
t2.2s3 cents to the france in final foreign
exchange transactions today In conapari-
son the franc was 2230 cents IN New
York overnight. Exchange on London.
176 625.
Three per cent rentes in the bourse
were - 90 francs; 4Has "A" S125: 4hs.
1897 1877 95
Evening star., 1939-11-17
Mission Corp. Orders
DO Cents a Share
On Common
New Disbursement
Lifts Yeur's TotuI
To IS Cents
By the Associated Press.


NEW YORK, Nov. 17.-Mission
Corp. directors yesterday voted a
dividend of 40 cents share on COM
mon stock, payable December Is, to
holders of record November "a. The
disbursement lifts to IS cents a
share the total paid this year, con-
trasted with ST share in 1888. The
company has large investments in
Tide Water Associated Oil Co., Skelly
Oil Co. and Pacific Western Oil
Corp.
Merck g. Co.
Merck & Co. directors declared
dividend of Is cents a common
share. also an additional common
dividend of rs cents a share, both
payable December % to holders of
record December IL On october l
last a dividend of 25 cents was
voted. Manufacturer of chemicals
for medicinal and household pur-
poses, the company's domestic plants
are at Railway, n. j. and Philadel-
phia, Pa.
Atlantic Coast Line.
Directors of the Atlantic Coast
Line Co. (CoanecticuD declared a
dividend of ST on the common stock,
payable December 81, to stock of
record November %. A similar divi-
dend was distributed last December.
The company owns approximately
u per cent of the outstanding shares
OF Atlantic Coast Line Railroad Co.
Colts Patent Firearms.
Colts Patent Firearms Manufac-
turing Co. announced an extra
dividend of $3.50 and a regular quar-
terly dividend of so cents on the
capital stock, both payable Decem-
Der 20 to holders of record December
l. Employees were voted a special
payment of 7 per cent of earnings
in 1889. This compared with per
cent last year.
Pacific Western Oil
Pacific Western Oil Co. declared
a dividend of 4G cents on capital
stock, payable December 10 to hold
ers of record November a. The
previous payment was so cents in
December, 1898.
Scott Paper Co.
Directors of the Scott Paper Co.
of Chester, Pa, ordered an extra
common dividend of 25 cents, in
addition to the regular quarterly of
20 cents, both payable December IS
to stock of record December /.
Great Lakes Dredge.
Directors of Great Lakes Dredge
& Dock Co. declared an extra divi-
dend of so cents a share on the
capital stock, payable December Is
to stock of record December g. An
extra and regular quarterly of 25
cents A share each was paid No
vember Is.
South Bend Lathe.
Directors of the South Bend Lathe
Works of South Bend, Ind, have de-
clared an extra dividend of 40 cents
a share, payable December 20 to
stock of record December S, bringing
total dividends this year to SITS a
share.
Belmont Radio.
directors OF the belmont Rd0lO
Corp. declared an extra of Is cents
share in addition to the regular
quarterly of Is cents a share on the
common stock, both payable Decem-
ber Is to stock of record Deem
Der /.
Furniture Mart.
Directors of the American Furni-
ture Mart Building at Chicago de-
clared dividend of 81 a share ac-
cumulated for 1889, plus an addi-
tional dividend of sl25 share on
the no-par preferred stock, both
payable November 81 to stock of
record November l8 Last year the
. company paid 81 accumulated, plus
an additional disbursement of S1.50
share.
Evening star., 1939-11-17

Quotations furnished by National Asso-
citation of Securities Dealers Inc; which
transa ctions or firm bids or offers. but
Should indicate approximate prices and.
unless otherwise indicated, are as quoted
by the sponsors or issuers.
mot quoted by sponsors or issuers.
Evening star., 1939-11-17
Washington Exchange
SALES.

Mergenthaler Linotype-50 at 1873.
American Telephone e. Telegraph
5 at 1925.
Capital Transit Co.-50 at 147s.
Evening star., 1939-11-17

'Ex dividend. zoe paid June Is. 1899.
tPlus extras e2es extra. f3es extra.
S14.00 extra paid December 90 1888
September 20. 1885 5 So 90 paid in 1883
vS4.00 paid so far this year. yS5OI
extra.
Evening star., 1939-11-17
| New Securities
| Show Signs Of
| Revival
BY the Associated Press.

by the Associated Press.
NEW YORK, Nov. 1.-THE new
capital market showed signs of re-
vival this week, public offerings of
new securities reaching SAL, ,462, 500,
the largest amount since the period
ended August "a, Poor's Publishing
Co. reported today.
The total, covering the week ended
yesterday, was approximately three
times as large as any other since
the beginning of the war in Europe
put damper on activity. A $780,
100000 issue by New York City was
mainly responsible for breaking the
stalemate.
Latest offerings were 81 Der cent
for obtaining new capital rather
than for refunding existing obliga-
tions.
yie
Evening star., 1939-11-17

War threatens to cause q shortage
Of medicinals In Portugal.
Evening star., 1939-11-17

AL motion pictures entering Swift
' zerland are now subject to military
censorship.
Evening star., 1939-11-17
Dividends Announced

NEW YORK. Nov, 17.-Dividends de-
clareo Prepared by Fitch Publishing
Co.
Accumulated.
Pc Stk. of Pay
Rate. riod record able
Am Pub svc ~ pt So - 1870 1920
Am Central e. South West
Utl 81 pr pf----Sl.15 1l-3O 1920
Do Sc pr pf--Sl so - ll-30 1920
Strawbridge & Clothier
10 of - 81 1o12 1o.3O
Evening star., 1939-11-17
Investing Companies

NEW YORK, Nov. II LP,.-National
Association Securities Dealers, Inc:
Noon Quot tons \
Evening star., 1939-11-17
BONDS
PUBLIC UTILITY.
MIScELLANEOUs
PUBLIC UTILITY

Chevy Chase Club 1st 4I4s- 103
Col Country Club 1st 4A4s l03
Ter Ref & Wh Corp 1st 4As 100
Evening star., 1939-11-17
Federal Lund Bunks

NEW YORK. Nov. II UP,.-Federal Land
Evening star., 1939-12-14
SQUARE 2bBl.

SQUARE 1854:
AIIsH AGKER. Hsrold K; tri. q imps;' $s@e1 81 "A.
SUNNY. Lulu NJ. SO & imps.. sis5.is.
FRyAsER. s & Jas. g.. tax deed. es g. imps.,
eeMTssERT'. VIM. O, 80, s1sse.
SQUARE 1850.
KLHs cHfIbsEss psIp Robt p e. n 81 imps n: $Sssa
SQUARE 25s2 ~~'0'
MILLER, William T. and Emma, "a q
PAYNE iYS! Ss6t; ss5 30 /. and Theresa D. 70 q
PROCTOR. Katie e. g 4 imps. s7oss.
RfcHAKbsoN RHHEH5b Mm saTs T. a = imDs' s4sS
WooPFekk Annf Matte I'll SO g. Ss sas siia5 im5s
LEWIS: Augustus and Clyde g. Smith, $40
inst imps sl14s4 Enss. L. and Ellen N' $50 q
kGsS s'nRIs msuse Msria f. ss7 sGgae
z..r, SQUARE 1884.
sEWETEIi, Gaai Marv y d imps,. $21s.34;
* IL = inns May f., =, ana a Mary L. smallwood.
IAsMaSsF2RD' saslS2i Matte Lott. 20 & imps..
pARhs: im1s: sf4auss.B ssfaaus B. and Ellen L.. ss &
FOX Edward saS4ht e + !mps; gsse see.as.
FF98WLER F8WLIsE sEa Bennett A., 40 e. imps., Se3 90.
"InnoN; = imns Ben5 se 3a A. and Mamie M, AZ
sEWaELL: VEL Howard R., and Nettie E. Wood,
FILLER. Luther, S14, S73.36.
"h a. iimEWss irs Alfred K. and Malinda, sl9
EDWARDS Chas; A.. $40 g. tmps., S3s.34.
r,,,,,n SQUARE 2571
Rsf RausfRP1M FnS; Harry, II q imps.. S762.91.
onE iUM. I'm Jas; B and Will and Stephen, 70
HlEKEY' insns Bradley M. and Lucille. s57 g.
WILLIAMS, Emma Tavlor se, ., ,
Evening star., 1939-12-14

- SQUARE 1904
CHAMBERS, 0hpant A.; sl4, $50.
" WELLS LIS Elsie Elsie Sampssu; i imps, 5000 80
0O SQUARE 25oe.
FITZPATRICK, Walter Kenneth 36 &
imps.. S34s 50.
SMITH. Bernard H.. 20 & imps.. s17oe3.
McN1cKLE. Christine NJ 40 g. imps.,
SQUARE 2513.
EIIERsoN' Igsy s9uARs MR $ 8 s51s iTDs'' s21s47'
BROWN zenaysS gys6ARE Il; 2! ISIS + imDs'' sl94so'
Won AsCHEBERG, Genevieve K, A.
SS059
VoN Ascs5sdE5B55RG. ssd5 55RG Genevieve k~ " sii &
lmDs'' sSol SQUARE 81 1921.
LIZ fEVAE' oaas souARE Ar !! a5ss 3 imDs'' sS7o'47'
"HEhcHEh; Imhs e. u Louise Lonsstreet' 11e &
MAY Leo c. and Louise S.. 2ss & imps.,
~ SQUARE 1882.
CURTIS Nancy Hoyt,. so g. imps. SAB 80.
CRAY; In5;' WI!SyT NV d and Doris C. Gray. So &
HODGE Emlys saTARE n, + $55s s 5RDs'' ssss'o4'
rUMUITY' jos soRARE P,i q: 25gs 5@Ps'' s5'9ss'9'
& imps.' si19.so. ti''' w. '"N "eeu' ~o~
MACKEY, crandall, 2ss g. imps., s145.12.
SQUARE 2540.
BISPHAN. Nathaniel c. and Opal, s31 &
imps, S204.5S
NOLAN Jas. IoSiEn& f31 : 5gIS tmps.' s1ee.4s.
BRADLEY, Mary p, g. imps., S6503.
SQUARE 2546.
McDEVTTT. Lillian M. so & imps. S93 81.
DAPRAY, Helen c.. 81 g. imps., 1864:
ROBINSON, Nina May. 72 & imps., S199.22.
SWARTz, Luther H., rs &, imps., 81 95; 27.
SCHWARTZ Aria j.. 10 & imps. $9l.64.
SQUARE 2547.
PULLIAM. Mamie v. and Henry and
Sarah n. 20. & imps., $165.43; AZ g.
SQUARE 2549.
AMIES, Julia. Ala & imps, SAT 80.
SCHECKLITER, L. Hodges Harrison, 419 &
HOPKINS Grace Porter. and Helen Hop
kins Zelov, 439 g. imps.. $5003.
HARTMAN, Helen. S13 g. imps., 1851 .93.
SQUARE 1850.
CROMELIN. Elizabeth, IA g. imps..
S245.03; sos. $7S.S5.
SQUARE 2551.
MENcHIN1. Luigi and Perfetta, 80 & imps.'
KoRNHAGsER, Jacob and Celia Korn-
hauser. 80 & imps.. S21626.
SQUARE 1862.
STEM Ethel, rs g. imps, S141 .Q7
RE1ss, Elizabeth Z. a q tmps. S172.bb.
Evening star., 1939-01-29
Police Investigation
Is Protested

Investigation of police methods in
the l1th precinct by headquarters
has brought forth several disapprov-
ing voices among the citizens asso-
Citations of Southeast Washington
who question the necessity for the
investigation.
In a communication to CommiS-
sioner Melvin C. HaZen, the Execu-
tive Committee of the Randle High
lands Association unanimously in
dorsed the 18th precinct for services
rendered and could find no fault
with the methods or conduct of the
18th precinct.
Commissioner Hazen said he was
pleased with the action of the COM
mittee, which is made up largely Of
business and professional men of
the community, and said he would
give the matter proper attention.
Adelbert w. Lee, president of the
association, declared it was his opin-
ion that most of the complainants
who brought about the investigation
were disgruntled traffic law viola
tors. Mr. Lee commended the sue
cess of the precinct in several recent
puzzling cases.
No criticism OF No. II has been
reported among civic groups.
Other associations which have in
dorsed No IL include Congress
Heights, Hillcrest, Summit Park and
the Southeast Council.
Mr.. Lee said he hoped the actions
of the various civic groups would
result in a curtailment of the in
vestigation.
Evening star., 1939-01-29
District Tax Study Report
Is a Friendly Document.

The few civic leaders who have
been privileged to read the print
ed report ofthe District tax study
have been impressed with the
friendly spirit which runs
through the entire document.
District civic leaders have so
often encountered in the reports
of studies of District problems an
apparent attitude of distrust and
antagonism that the new report
is refreshing even to those who
do not agree with the conclusions
reached by the experts and the
Citizens Advisory Committee on
Taxation.
The report is replete with val
liable information stated in q
clear, concise manner and is re-
garded as distinct contribution
to the District finance literature.
1t is first to be considered by the
fiscal subcommittee of the House
District Committee, of which
Representative Jack Nichols,
Democrat, of Oklahoma is the
chairman. He has announced
that hearings on the new revenue
bill, recommended in the report,
will probably be held shortly.
Among those who believe in
putting first things first is Sen
ator Overton, chairman of the
District Appropriations Sub
committee. He has given as his
opinion that the fixing Of .
Evening star., 1939-01-29
Forum on District
Penal ReOfganizatiOn.

The campaign for reorganiza-
ton and improvement Of the Dis
trict of Columbia penal system
will open with a forum to be held
next Wednesday in the audi
torium of the United States
Chamber of Commerce. This
will be the first of a series OF
open forums being arranged by
the Penal Reorganization Com
mittee of the Corrections Com
mittee of the Council of Social
Agencies.
The presiding officer will be
Mrs. Franklin Delano Roosevelt
and the principal speaker will be
Robert H. jackson. solicitor gen.
eral of the United States. Other
speakers will be Wilbur La Roe,
general chairman; DR.. James A.
Nolan, director of the Washing
ton Criminal Justice Association;
Eugene Meyer. president of the
same association, and DR.. Louis
N. Robinson, chairman Prison
Industries Reorganization Ad-
miniStration.
The primary objectives of the
campaign are as follows:
l. improvement of facilities for
supervision of proba TONERS and
PAROLES.
2. improvement of medical care
in all institutions.
3. Development of the classi-
flcation clinic at the new Jail.
4. improvement of facilities for
segregation and training at the
Workhouse and at the Lorton
Reformatory.
5. improvement of facilities for
women, preferably the erection of
an entirely new institution in
different location.
6. Provision of adequate and
properly designed housing to re-
lieve overcrowding and permit
proper segregation of groups.
The thorough survey conducted
by the P. I. r. A. of the Prison
Problem in the District of Co.
lumbia" and contained in a COM
prehensive report under that
title, has supplied concrete data
upon which to work for the
needed improvements. These
needs are so apparent that the
Campaign Committee is con-
vinced that they only need to be
graphically told to the public to
insure the backing of the re-
quired public sentiment which
will produce the necessary legis-
lation.
The public, particularly the
civic-minded, is invited to attend
the forum.
Evening star., 1939-01-29

on succeeding Wednesdays at Ills
pm. in the school. Mrs. Benjamin.
R. Wood will lead the class and
subjects discussed will deal with
adolescent problems. Mrs Walter
Gander, chairman, has arranged Tor
the classes.
Ketcham-Van Buren,.
Mrs. Marion Linden, ways ana
means chairman, announces movie
benefit to be held at the FalriaWn
Theater Thursday at 3:l5 pm.
Stuart.
The Executive Board will meet to-
morrow at 2 PM.
Plans have been completed for the
party to be given the February
graduates
More than rs guests attended the
tea given in honor of the grade
mothers on January 13.
The association will celebrate
Founders Day ct its meeting IN
February.
Evening star., 1939-01-29
Proposed Recreation Board
Would Have Full Control.

The Commissioners have re-
ferred to Lewis Barrett, recrea-
ton co-ordinator, the plan for
the creation of board of recrea-
ton sponsored by the Board of
Trade. The proposed bill is SINH
lar to one sponsored by Senator
King at the last session of Con-
gress.
The plan provides for a board
of four officials of the agencies
now in charge of the separated
recreation Jurisdictions and five
citizens to be appointed by the
justices of the District Court.
The latter five would be residents
of the District or "its immediate"
environs, who would be appointed
to terms of not more than three
years and serve without compen-
sation. The four officials would
be the District Commissioner in
charge of Public Welfare; the
president of the Board Of Educa-
ton, the chairman of the Ma
tional Capital Park and Plan.
ming Commission and the super
intendent Of the Once Of Ma.
tional Capital Parks.
The proposed plan is expected
Evening star., 1939-01-29
More Parking Meters
To Be Advocated

More parking meters will be ad-
vocated by the Southwest Citizens
Associations delegates to hearings
on continuance of the meters, Harry
S. Wender, president of the associ-
alton, has announced. Delegates
will be Louis c. Scott, chairman Of
the Safety Committee. and Mr..
Wender. February the associ-
alton will be represented at the
hearings OH taxicab rates by Joseph
Schneider, corresponding secretary,
and Mr.. Wender..
II was opposed to the meters at
first" Mr.. Wender declared. II
thought they were selling public
space"
He has been converted, he says.
because he now can find parking
space where he never dreamed of
even trying to before. In addition
to making parking space available,
he says, the meters are bringing in
revenue.
Even the business men are asking
they be installed in front of their
stores, he added.
"As initial sponsors of the taxi
cab insurance bill we obligated our
selves to agree to higher rates if it
be shown that increases are neces-
sary to take care of the Insurance
charges" Mr.. Wender continued.
"At the same time we think the low
rate zone should be enlarged to in
clude at least part of Southwest
Washington. Now it is a 30-cent
zone from almost anywhere in down.
town Washington to our section,
though it be but few blocks"
Evening star., 1939-01-29
Summit Park Paper
To Be Published

The years first issue of the Sum-
NIT Park Citizens Association news
paper will be this February, Mrs.
Leila w. Marshall, president of the
unit, announced last night. Mrs.
Ural S. Fisher will be editor.
At the same time she announced
the group would hold a dance in her
home, 3703 Bangor place Sc, to
raise money for association expenses
some time in February. A week ago
last night the group had a bingo
party at the home of Harvey W.
Diehl.