davidaulloa/AmericanStories huggingface dataset:
Evening star., 1940-01-05
Excess Bank Reserve,
Boosted by Return
Flow Of Cash
Treasury Collections
And Gold Buying
Also Are Fuctors
BY the Associa ted Press.

BY the Associated Press.
The post Christmas flow of shop
pers' cash back into the banks
helped the lendable excess reserves
of the banks by $22O 100000 last
week to total of IS $1,000, 900.
Other, although smaller, factors
in the increase were Treasury tax
collections and gold purchases.
The Federal Reserve Board also
said that the ]? Federal Reserve
Banks sold $4,000, 900 worth of their
investments in Government bonds
in the week ended January 3, reduc-
ing holdings of all types of Gov
ernment securities to $2,484, 900, 900.
The boards statement said:
During the week ended January
3 member bank reserve balances in
creased $228,000, 600. Additions to
member bank reserves arose from
decreases of $82,000,000 in money in
circulation, $50,000,00O in Treasury
cash and $29, ,OOO, 900 in non-member
deposits and other Federal Reserve
accounts, and from an increase of
SIT 1000 900 in gold stock, Offset in
part by a decrease of $4,000,000 in
Reserve Bank credit and an increase
of $5,000,000 in Treasury deposits
with Federal Reserve Banks. Ex-
cess reserves Of member banks on
January 3 were estimated to be
approximately s5,270,000 900, an in
crease of s220, 900, 900 for the week.
Holdings of United States Gov
ernment bonds, direct and guaran-
teed, declined $5,000,OOO for the
week.
Changes in member bank reserve
balances and related items during
the week and the year ended Janu-
ary 3, 1910, were as follows:
Evening star., 1940-01-05

elected president
of the organiza-
tion last night
at the annual
meeting of the
shareholders.
Other officers
include Milton
H. Pros speri,
chairman of the
board: Arthur c.
BalSer, vice pres
tdent; Wilfred
H. BlanZ. Secre-
tary; Howard B.
Kramer, treas
urer, and Guy
M. Nicely, con-
Evening star., 1940-01-05
Brokers' Looms Drop
$13,0O0,0O0 in Week
BY the Associated Press,

The Federal Reserve Board re-
ported today that last weeks loans
to brokers and dealers on securities
held by reporting member banks in
New York City totaled $538 ,O0O, 900
For the week ended Wednesday,
the total represented a decrease of
s13,000,000 when compared with the
previous week.
Loans for the corresponding week
year ago totaled S7l7 100000.
Evening star., 1940-01-05

All GLASSES OF lTtIg1IC ueCIIIltu, UUU
the drop off was less than seasonal.
The holiday, falling on a week end,
caused smaller interruption of
freight movements than usual.
The Associated Press seasonally
adjusted weekly index of loadings.
based on 1929-30 as 100, advanced
to 752, compared with 74.3 the pre-
vious week. and 678 a year ago.
Range of recent wears.
Evening star., 1940-01-05

Quotations furnished by National Asso-
states they do not necessarily reflect actual
transactions 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., 1940-01-05
Kind|e Again President
OF Loan Association

Charles H. Kindle, for 81 years
connected with the American Build
ing Association, Third street and
PENNSYLVANIA avenue Sc, was re-
Evening star., 1940-01-05
Washington Exchange
SALES.

Wash. Rwy. & Elec. pfd.-10 at lis 4.
Woodward & Lothrop CONS at
4912.
Capital Traction 1st $500 at SO.
Evening star., 1940-01-05
London Tin Prices

LONDON, Jan. 5 Rp.-Tin, spot, &245 IS
s244 15s asked.
Evening star., 1940-01-05
Investing Companies

NEW YORK Jan. 3 lF-National AS
sociatlon Securities Dealers, Inc.
Noon Quotations
Evening star., 1940-01-05
U. S. Treasury Notes

NEW YORK. Jan. LP.-Prices quoted
in dollars and thirty-seconds:
Evening star., 1940-01-05

Increase or decrease since
Jan. 3, Dec. 81, Jan. 4,
1910. 1889. 1899.
tIn millions of dollars.)
2
Evening star., 1940-01-05
BONDS

PUBLIC UTILITY.
Evening star., 1940-01-05

2,4S4 s so
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10
WHERE MEN PROPOSE

DIR. Paul Popenoe, general director Of
a group calling itself the Institute of
Family Relations, is disturbed over fact
he claims to have discovered after study
of 1,181 proposals of marriage. 1t is that
25 per cent of these proposals were made
in ar automobile and only % per cent in
the girls home.
He goes on to say that 20 per cent of
the proposals were made in streets, parks,
campuses, restaurants or other public
places; 10 per cent at parties, dinners or
dances; 6 per cent by letter or telegram,
and the rest under miscellaneous circum-
stances.
The average mans proposal tech
nique is disgraceful, he is quoted as say
ing, but his own formula is not disclosed.
Even if it were, it is doubtful that advice
on where, when and how to pop the ques-
ton would be taken very. seriously by
modern youth.
Much has been said and written on
courtship, proposals, marriage and related
subjects, but it is unlikely that theories
concerning such matters have much in
fluence. People do not fall in love and get
married-and Notwithstanding to any
set rules If fellows proposal technique
Is failure he can always try again.
Anyway, what does it matter, so long
as the girl gets her man?
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10
BILLBOARD zoNING!

In a definite and strong bid to protect
the beauty of Florida, especially in regard
to its roadsides-the show windows of the
state-the National Roadside Council,
headed by Mrs. Elizabeth B. Lawton, has
issued a challenge to civic and semi-poli-
teal bodies in the various cities and cOun-
ties to sponsor effective legislation that
will do away with unsightly billboards on
all highways.
The challenge is contained in a
brochure recently released in which is
pictured several scenes of highways in
Florida,-some where an effort has been
made to protect the roadsides, but mostly
scenes of too many billboards placed along
prominent highways leading to and from
big cities.
Comparing recent surveys with ones
made in 1884, the Council makes the start
ling statement that billboards and signs
have doubled in number, with an average
of % signs to each mile of highway in the
state. Florida scenery consists of con-
slant succession of billboard harrangues as
to hotels, whiskey, beer, shoe polish,
patent medicine, what route to follow,
what city to visit, what paint to use, what
car or gas to buy and an unending list of
various scenic spots to see.
Bringing the challenge close to home
the Council says :" even on the new
Overseas. Highway to Key West signs are
multiplying One can excuse small signs
advertising the newly-opened eating places
along the keys, but what possible justifica-
ton is there for two huge whiskey bill
boards. and another billboard standing
between the highway and the Gulf, to adj
vertise the Miami Herald" And again
81 of the IL painted billbOards on the
Overseas Highway advertise hotels" this
latter in reference to the fact that over one
third of all billboards in the state are
erected for hotel use.
New England and California lead the
movement today for the protection of
natural beauty along state highways.
Those states are awake to the fact that
beautiful highways increase travel and
are tremendous commercial asset. What
they have done, Florida can and should do.
Civic organizations should pledge them
selves to a platform which calls for "high-
ways outstanding because of native Florida
beauty; highways unique because of free
dom from commercial ugliness".
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10
TOO LATE TO
CLASSIFY
BY RUSSELL KAY

candidate of its choice. In con-
sequence lot of candidates who
considered it imperative to de-
mand the Union Label on all their
printed matter and who have
groveled at the feet of labor or
CARNATIONS during campaign Pc
RODS row realize that they were
just wasting their time.
ALI of which goes back to what
/ said in this column about three
months ago when / contended
that neither the TownsenditeS
nor Labor could be counted upon
to vote solidly for any candidate
regardless of any endorsements
their leaders might make or any
word that might 60 out in fav-
or of this or that candidate. /
expressed the belief that the in
dividual members of these or
CARNATIONS would not follow their
leaders like a flock of sheep but
on the contrary would judge the
candidates on their merit and
vote as their own good judgment
might dictate, without regard for
any official pledges that might
have been made
Among the defeated candi-
dates, two stand out-Fuller War
ren and Bernarr MacFadden- Full
Ter ran a beautiful race and if he
had had a few days more he
would undoubtedly have gone in
the second primary with Holland.
AS the matter now stands he
looks like a sure bet four years
from now if he keeps his nose
clean and takes ordinary care of
his lungs.
Bernarr MacF adden is already
being talked of as an opponent
of Claude Pepper four years from
now and considering the amaz-
ing race he ran in the first pri-
mary a lot of folks contend that
he would give that young man
plenty to worrv about By the
same token, Governor Fred Is
still very much dissatisfied with
the outcome of his race. and
would like to try a comeback in
1914, feeling confident he could
take Mr. Peppers measure. When
we consider the fact that neither
the race nor the returns killed
the old man, the idea Of his hav-
ing another try at it four year:
from now can be considered a
within the realm of possibility
And Jerry has a decided adj
vantage over most of the defeat
ed candidates for he still has his
Railroad Commission job to faI
back on which VIII insure hin
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10
THE KEY WEST CITIZEN

WILL always seek the truth and print it
without fear and without favor; never be
afraid to attack wrong or to applaud right
always fight tor progress; never be the or
gan or the mouthpiece of any person, clique
faction or class; always do its UTMOST for the
injustice denounce vice and praise virtue
commend good done by individual or organ-i
ization tolerant of others rights, views and
opinions; print only news that will elevate
and not contaminate the reader; never COM
promise with principle.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10

with the romantic story Of pioneers. who created
colonies. fought savage tribes and cleared plan
tations out of wilderness. Its influence has
played dominant part in southern industry
and development. A few years after James
town was settled. cotton was planted at New
port News. Virginia. Next. the first settlers
of the Carolinas began commercial production.
which later extended to all the other southern
states. After the advent of Eli Whitney
cotton gin. in 1913. cultivation began to surge
forward and cotton became one Of the greatest
commodities on earth. Today. the South leads
the entire world in production of cotton. which
directly effects far greater turnover of COM
mercial funds than any other product In Florida
revenue from Cotton and its products. average
around 81 100000 yearly.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10

Where did that romantic word DIXIE
originate2 Tradition has it that a MIR. Dixie
moved a group of his slaves from his New
York plantation to another in the deep South.
Here the slaves were in strange surroundings
and became homesick. They wanted to 90 back
where they were born = to Massa Dfxies land.
which to them typified paradise on earth.
Their desires were celebrated in song. which
soon spread to other plantations. and in time
the term Dixie Land became transferred to
their new homes and thus became a name for
the South So well did it fit the tradition
of the Southland that Dixie" eventually came
to mean only that section of the country below
Mason and Dixon's Line.
The history Of cotton production in Dixie is
the history of the South ITSELF 1t is interviewer
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10

don't know who the guy was
who rang my telephone at a. m
Wednesday, May %, and started
singing, It's Whitehair Every
where" in a deep whisky tenor,
but I've been thinking it over,
and l want to take this oppor-
tunity to express my apology for
my apparent lack of apprecia-
ton. Funny?-sure it was fun
ny-only somehow / just didn't
seem to realize it at the time.
Anyhow, the political wars are
over and l for one am glad of it
and I imagine a lot of other folks
feel the same way about it. It's
funny how hot and bothered we
can get over an election. Wen
rave and tear our hair tFyin' to
get this or that chap in office
and then before his term has half
expired we start cussin' him out
as a no-account soandso.
So Mr.. Holland will go to Tai
lahassee and do the best he can
to live up to his promises and
be a good governor, but no mat
ter how hard he tries, chances
are his efforts won't be appre-
ciated. and among his most en-
thusiastic critics will be many
who now term themselves ardent
friends and supporters.
But there is one thing this
election did: It exploded lot of
myths. It has been the custom
of all political aspirants from
constable to senator to pledge al
legiance to the Townsend Plan,
boast of their long membership
in the organization, and those
who were so fortunate as TO re-
ceive the blessing of the Good
Doctor" were considered as good
as elected
Among the alleged Amounted
were Jovial Jerry Carter, Burton
Schoepf and Francis Whitehair
Old. Doc Townsend himself came
to Florida TO speak on behalf Of
Jerry's candidacy and the word
went out on behalf first Of
Brother" Schoepf and lateE
Brother Whitehair. but some.
thing went haywire and the 'old
folks failed to 60 down the
line. Instead they went in Z
dozen different directions and IN
consequence it is doubtful if thu
movement viii carry much pres.
tige or receive much serious con.
sideration IN the future.
Organized labor likewise tool
a beautiful rap and lost any po-
litical prestige it might have pos
sessed in It's failure to elect the
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10
DON'T WORRY ABOUT GOLD

Those of US who have been worrying
about the possibility that gold viii lose ITS
great value in the world are advised to
ease our fears by DR.. E. A. Goldenweiser,
statistician for the Federal Reserve Board.
We have about SIS. 900. 900. 600 worth
Of gold, owned by the United States. but
we hold around $4,000, 5000 of foreign
capital, seeking security from the vicissi-
tudes that threaten Europe and other lands.
1t is possible that gold might lose its
value" says the expert, eff the postwar
world is completely unlike the world in
which we are now living" but If this comes
to pass. he warns, that ''the loss of the gold
will be but incidental to other and greater
losses that we viii have to bear"
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10
T0DAY'S DAILY QUIZ
Can you answer seven of these
ten Test Questions? Turn 70
PAGE 4 for Answers

/. PaaVo Nurni was a famous
Finnish painter, architect
or runner?
2. OF the thirteen original
states, did Pennsylvania
or Massachusetts, take the
first steps TO abolish slav-
cry?
3. Where is Pearl Harbor To-
Gated?
4. Which library is the largest
in the world?
5. Is it easier to swim in fresh
or salt water
6. What is the correct title of
the Chief Justice of the
Supreme Court of the
United States2
z. Name the Freneh3 general
who recently freplaced
General Gamelin as com-
mander-in-chief of the Al
he'd armies!
8. Between which two points
did Paul Revere make his
famous midnight rider
9. What borough Of New York
City comprises Staten Is
land2
10. What is the new name Of the
submarine Squalls?
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10

The duenos of Key Vests gambling
institutions are up in arms concerning the
100 per cent raise in graft now being
exacted. They say that with the prospect
of Increased taxes on account of the war
menace this is no time for such drastic ac-
ton, and they may strike. Whether this
means they will refuse to cough up the
new tribute or that bolita playing is to
cease temporarily is matter of conjec-
ture The Citizen, always mindful of the
downtrodden, trusts that the exactors will
go back to the standard tariff that has
prevailed in the past. Be reasonable,
boys; things are tough in Key West in the
good old summer time.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10

Senator Pepper jockeyed himself in
to the democratic convention delegation as
an alternate: 1t is generally thought he
should have asked the electorate (this is
still a democratic country instead of
sneaking in the back door through force
majeur as it is done in the totalitarian
countries.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10

grfts and gravy until it's time for
him to run again
Well, Mr.. and Mrs Voter have
had their saw and their decision
is final. and it now becomes the
duty of all to recognize the viii Of
the majority and all join in sup
port of those placed in Office
They are entitled to such support
and every fair-minded. right
thinking citizen viii gladly give
it.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10
Key West is assured an aqueduct from

Key West is assured an aqueduct from
the mainland to this island. Whether it
will be built solely by the navy department
or solely by, the Aqueduet Commission or d
coalition of the two is immaterial. There's,
sential matter is that we obtain water and
as quickly as possible; that is a consum-
nation desired without delay both by the
navy and by the people of this community.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10
The defaulting nations

The defaulting nations of Europe
haven't lost their nerve. They didn't pay
their war debts of the last war and are
now asking further aid. Besides the pros
pect is they will ask the United States to
take care of the refugees of the present
war Furthermore the Red Cross is send
ing millions to aid the wounded What
about our own i'll housed, underfed and
poorly clad? Charity begins at home; ap-
parently not with us.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10

Saturday halliday holiday Pc
Rod for employees AZ the local
naval station started TINS zfter-
noon, II Is announced Esch sun-
mer season the naval station
closes Saturday afternoon. CON
mencing with the firSf SATURDAY.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10

Possibly tie reason why Mussolini has
not entered thu: European war is an under
standing with Hitler not to do so until
given the go" sign. Maybe the Fuehrer
thinks he can defeat the Allies without the
aid Ct II Duce and in that case the contra"
will be less. The greed of dictators is in
satiable
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10

M. z Gilfond. Florida WPA
administrator for Key West left
over the highway this morning
for Miami. where he VIII con-
fer with officials and then pro
coed TO Jacksonville and there
have a conference with Julius r
Stone. He was accompanied by
Mrs. Gilfond.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10

Efforts TO exterminate OF con
troll mosquitoes al No Name key.
near the ferry landing. are being
made by the inspectors @ the
sanitary department Of the sd-
ministration today Lsrvacide
and other materials are included
in the preventives and other ma
terials are also carried among the
paraphernalia-
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10

Members of Section Five q the
Key West Junior Patrol are gath
ering today al Bayview Park.
where several talks viii be made
to them Members Of the patrol
will hear definitely Just what
their duties viii be as far rs Their
particular section is concerned
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10

Preparations are complete for
the presentation Monday night Ct
a program by Boy Scout Troop 5
at the Harris School auditorIu-n-
Those in charge Of the prugran
say that the very best talent the
city affords VIII take part in the
program
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10

Three TarpOn Springs sp0nEeE
are in the county jail as . result
Of the roundup Of four Greek
sponging boats al Marathon yes
terday. Four Of the vessels were
located and three Of them were
without license The sheriff said
that was the only charge
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10

Liberia, with a population of
1.500. 900, almost entirely African,
has no railroads.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10

= r. EusnGZ- G-E- z--
Osczr CrzWEuEL c -
n121- @ ~ E-111rEle 49, e
rne Flurl1a EzE CEz. W~- ~
srzntlv * znu1 nE
SATURDAY zn1 ~ H. - SIS 49,
II scsloed 80 ~ $500 at <re
locumoLVe expu1e1 z1- =
uzllex frurn EeF 49,
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10

Congratulations to the Miami Herad
on its announced expansion program at a
cost of more than half million dollars
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10

Plans were completed lzSt
night at a meeting held N Hos
pitality House for entertaining q
group of prominent MlamIanS.
who viii visit Key West over the
weekend. Abe AronOvitz. CITY
solicitor, and Paul Marks. presi-
dent of Key West Club Of Dade
county, viii be among the guests
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10

Graduation exercises. marking
the end of the fhirty-sixth an
nual commencement week q the
Key West High School were wei
attended last night The exercis-
es began al O'Clock and some
time before that hour the audi
forum was filled 70 Overlooking
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10

Caught in the act Of delivering
TO a local dealer cots and maj
tresSes. which are the property q
the Florida Emergency Relief
Administration, W Perkins.
known as Bonus Bill. Was az
rested yesterday afternoon and
placed IN jail under bond @ $500
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1940-06-10

Mr.. and Mrs. William " De
merritt and son. Wm- W Jr. Mr.
and Mrs. B. A. Baker and Mrs.
E Z. Ingraham and dauEhfer.
Miss Mary Ingrsham. LEFT tins
morning for Tallahassee. where
they viii visit for q while with
Mr.. and Mrs. Demeritf's dsuEh-
ter and son-in-law. Mr.. and Mrs
A. L. Moore.
Dickenson County herald. [volume] (Clintwood, Va.) 1939-195?, 1940-11-21

sian side Of the triangle, while ap-
parently touching Germany, has not
united with Italy.
The first triple threat was noted
in the meeting of diplomats from
Russia and Germany in Berlin, with
Ciano announced as the third to be
invited and to have accepted.
Purpose of the meeting, to dis
cuss the Italian-Greek-Balkan situa-
ton. The Turks were frankly wor-
ried over the conference, having
hoped to have found Russia aloof
to the Axis move toward the Black
sea and the Mediterranean.
The Turks have been willing to
throw in with Greece if necessary,
but had hoped it wouldn't be neces-
sary. If Russia finally has decided
to take an active part in the Mace
DOMAIN situation with Germany, Civ
ing active aid to Italy, then Ankara
saw itself up to the neck in the war,
with dubious hopes of victory.
Bulgar1a's position was the great
est threat to Turkish non-interven-
ton, and it was in that direction
that the Turks were casting anxious
eyes.
That the Russian visit to Berlin
might eventually have a far differ
ent outcome than that apparent on
the surface was seen in many quar-
tiers as a possibility. There was
believed to be little Russian SYM
pathy for either Italy's or Germa-
ny's aims in Europe, and historians
who remember the treaty of Tilsit
in Napoleonic times have long Won
dered whether Russia may be plan
ming to toss her allies overheard at
the last instant, and go out for her
self again.