Evening star. [volume], February 27, 1937, Page A-12, Image 12

About Evening star. [volume] (Washington, D.C.) 1854-1972

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PAY BOOST LOOMS
IN STEEL INDUSTRY
Workers in Pittsburgh Mills
Expect 7V2-Cent-an
Hour Increase.
By the Associated Press.
PITTSBURGH. February 27.—Steel
and labor circles in this steel city
looked forward today to an impending
Increase in wages for the $5,000,000,
000 industry, which would put $75,
000,000 yearly into the workers’ pock
ets.
The Camegie-Illinois Steel Corp.,
largest subsidiary of the two-billion
dollar United States Steel Corp..
officially w’as considering demands of
60.000 of its 101,000 workers for a
raise of 10 cents an hour, a reduction
of 8 hours in its 48-hour work week,
recognition of seniority rights and
time and a half for overtime work.
Members of the corporation’s Em
ployes' Grievance Committee said after
conferences with officials they had
“high hopes” of gaining “at least two
thirds” of their wage demands.
That would mean an increase of
approximately 7‘j cents an hour for
the workers, about the same increase
granted by the industry November 15.
The American Iron and Steel In
stitute figures place the minimum
pay in Pittsburgh at 5212 cents an
hour and the average pay for the
industry at 73 cents an hour.
E. T. Weir, chairman of the National
Steel Corp., said his concern, too, is
considering a wage increase.
The requests to Carnegie-Illinois
came from a majority opinion of em
ployes and company representatives
from 18 mills in the Pittsburgh
Youngstown district, and were cham
pioned by William Garrity, supporter
of the John L. Lew’is’ Committee for
Industrial Organization.
Strikes
(■Continued From First Page.)
holding the Douglas Aircraft Corp.
plant at Santa Monica, Calif., were
released last night on their own recog
nizance, pending hearings next week.
Union organizers planned to picket
the plant in an effort to prevent its
reopening.
Officials of the Northrop Aircraft
factory, a Douglas subsidiary, said the
plant would resume operations Mon
day. It was closed when 200 of 1.150
employes went on a sit-down strike
Thursday.
G. M. C. Parleys Delayed.
The U. A. W. A., an affiliate of the
C. I. O., recessed negotiations with
General Motors conferees at Detroit
until Monday after reaching tentative
agreements on all points except hours
and wages. Next week the union will
open negotiations with the Chrysler
Automobile Corp.
U. A. W. A. representatives and
company officials sought to end a
dispute which caused closing of the
Fisher Body and Chevrolet assembly
plants at Janesville. Wis. The fac
tories, employing 2,700 men. closed
after friction developed between union
and non-union factions.
Secretary' Perkins dispatched Father
Francis J. Haas, a member of the
W. P. A. Labor Policy Board, to
Minneapolis to try to settle the power
•trike there.
Father Haas was the Federal medi
ator in the truck drivers’ strike in
Minneapolis several years ago.
Miss Perkins appointed Father Haas
after a conference with Gov. Elmer
A. Benson of Minnesota and Hugh
Kerwin, chief of the Labor Depart- j
ment concilation service.
Meanwhile, a number of small strikes
Were settled. They included the
month-old dispute at the Star-Peer- ’
less Wallpaper Co., Joliet, 111.; a half
dozen at Detroit and one at the
Principal Shoe Co., Brooklyn, N. Y.
An administrative split in the Fed
eration of Flat Glass Workers reached
an unexpected juncture with an
nouncement that Glen W. McCabe of
Columbus, Ohio, had withdrawn his
appeal from an Executive Board order
•uspending him as president.
The announcement, coming in the
midst of hurried plans to poll the
organization’s 17,000 members on the
ouster order, was made by Irwin De
Bhetler, secretary-treasurer.
McCabe made no comment last
right when De Shetler’s statement j
came. Previously McCabe had map-1
ped a determined campaign against;
the order, which he said violated the
federation’s by-laws. He denied a
board complaint that he misappro
priated funds of the union's maga
zine and declared he financed the
publication with his own money.
FORD AIM OF C. I. O. DRIVE.
Organization Campaign Pushed De
spite Hoffman Stand.
NEWARK, N. J., February 27 (/P).—
The Committee for Industrial Organi- '
zation pushed its membership cam- 1
paign in Northern New Jersey today ,
with the battle cry that sit-down
strikes, banned by Gov. Harold G.
Hoffman would be held “whether he
likes it or not.”
The immediate objective of the '
C. I. O. drive in this highly Indus- !
trialized area was the Ford Motor Co. i
assembly plant at Edgewater, w-ith 3,700
employes.
But its spearhead was a plan to
unionize the 4.000 employes of the
Federal Ship Building & Dry Dock
Co. at Kearny, a United States Steel
Corp. subsidiary, as a base for what
John L. Lewis said would be the “big
push in Pittsburgh next month.”
Homer Martin, president of the
United Automobile Workers of Amer
ica, told the Governor to “move out of
the way,” flouting his condemnation I
of the sit-down strike as a method of
industrial unionization.
Organizer Defiant.
“If we have to sit down to save lives,
we are going to sit down,” the stub
bom-jawed organizer declared at a
mass meeting last night. Hoffman.
Invited to debate with Martin, was not
present.
The C. I. O. will raise the voices cf
the working people of the country
“above the rattle and noise of ma
chinery,” the U. A. W. A. president
said, and “we are going to do the
same for New Jersey, whether Gov.
Hoffman likes it or not.”
He asked the Governor to “come
along with us and let us use the militia
to save men’s lives.”
"If Michigan had handled the
strikes like Hoffman threatened to
handle them here, and if a thousand
men had been killed. Hoffman
wouldn't have said a Word. What
irks him is that it didn't happen that
way.”
The Governor had stated he would
Use, "If necessary.” the entire re
sources of the State to preserve the
lights and property of Its citizens.”
I While it may be a new technique,”
tfce sit-down strike is ’’perfectly
*
Innocent Pawns of Spain’s Civil War
Spanish ivomen and a me.., injured in the bombardment of Malaga just before its capture by
insurgent troops, pictured aboard a truck, which ivas pressed into service as an ambulance, on
arrivina at a first-aid station for treatment. —Wide World Photo.
—
legal," Martin claimed. He expects
that “it will not take as long for the
courts and legislators to recognize the
i validity of sit-down strikes as it did
; for them to recognize the right of
| labor to organize.”
He said he would speak in New
| York today and return to Detroit,
where he has headed the U. A. W. A.
demand for a 30-hour work week as
one of the objectives in the strikes
at General Motors automotive plants.
ORGANIZERS JAILED.
Charged With Conspiracy to Prevent
Waukegan Arrests.
WAUKEGAN, 111., February 27 (/P).
—Sit-down strikers evicted from the
Fansteel Metallurgical Corp. plants
in a tear gas attack drew' plans today
for a picket siege.
While the strikers mapped a peaceful
counter-offensive, sheriff's deputies
continued to seek five strike chieftains
with warrants for their arrest.
Two organizers for the Committee
for Industrial Organization, J. R
Weber. 32. and W. F. Pitzele, 26, were
lodged in the Waukegan jail last night,
charged with conspiracy to prevent
i execution of a Circuit Court writ for
the sit-down strikers' arrests.
Other Warrants Issued.
Warrants containing similar charges
were issued against the strikers' chief
, representative, Meyer Adelman. Oak
ley Mills, both C. I O. organizers, and
| three of their aides.
Raymond Dubois, one of the sit
downers, exhorted his colleagues at a
mass meeting last night to picket the
Fansteel plants '‘until we wear the
sidewalks out.”
Gov. Henry Horner issued a state
ment reproving both sides in the dis
pute which hing-'d upon a demand for
recognition of Iron, Steel and Tin
Workers’ Union, a C. I. O. affiliate.
Gov. Horner questioned both the
legality of the sit-down technique and
the refusal of company officials to deal
with representatives of the striking
employes.
Called “Outsiders.”
Throughout the 10-day siege the
Fansteel president, R. J. Aitchison re
fused to meet with Adelman and other
C. I. O. spokesmen on the ground they
were “outside organizers ” He con
tended two-thirds of his 300 employes
were not in sympathy with the strike.
Nicholas Fontecchio, director of the
, Calumet District C. I. O. Organizing
Committee, told the 500 sympathizers
at last night's meeting, the eviction was
a victory for the workers. “There will
be no work at Fansteel until a con
tract with the workers is signed,” he
asserted.
Company officials confronted with
the task of repairing damage to the
two buildings—which was estimated at
$32,500—said operations would be re
sumed as soon as possible.
-.
FISHERIES PLEA MADE
BY SENATOR WHITE
Immediate Steps Urged on Radio
to Carry Out Five-Year
Program.
Immediate steps should be taken to
carry out the five-year program of
the Bureau of Fisheries, authorized I
by Congress, but not yet provided for ;
by adequate appropriation, according ;
to Senator Wallace H. White, jr., of ;
Maine.
Speaking on the Rod and Stream
Hour, sponsored by The Evening Star,
over radio station WMAL. Senator
White declared that a program "based
upon sound technical knowledge will
bring to our people the greatest bene
fits. Congress by legislation may deal
with these problems,” he said, “but
unless legislation is approved by the
public of America, it will not meet
the conditions confronting our coun
try. The great need is for knowledge
and for a sympathetic public.”
The speaker warned of the "gravity"
of the problem presented by con
stantly diminishing numbers of fish
and game. He explained the decrease
in salmon and what the Government
lias done so far, by control, to increase
runs of salmon in the West. Shad
and sturgeon have disappeared from
Eastern rivers, he said, and the At
lantic Coast salmon has largely gone
from every river of the Atlantic sea
board except the Penobscot in Maine.
Sturgeon and shad and all manner of
shellfish in the Chesapeake Bay re
gion, he said, “have likewise suffered,”
while the catch of white fish in the
Great Lakes Is measurably less than
formerly. Inroads made Into seal
herds In the Pacific were related by
the speaker, who told of successful
Government control which now, he
said, had allowed the seals to Increase
to in excess of a million.
Upland game, he said, also requires
feed and cover, as well as protection
against excessive killing. Waterfowl
were said to require definite action
along recognized restoration lines, or
In a few years they "will have disap
peared as completely as the passenger
pigeon and the heath hen.”
City Officials Arrested.
NOGALES, Mexico, February 27 (F).
—The Mexican Consul’s office here re
ported all city officials at Cajeme, 300
miles south of Nogales, were arrested
upon order of Roman Yocupicio. Gov
ernor of Sonora, upon charges of a
shortage of 16,000 pesos In munici
pal funds.
Spain
(Continued From First Page.)
selves safe from bombardment because
of the cold, cloudy day. ran scream
ing for shelter. Children, playing in
the streets, scattered. Several pas
sersby picked up the wounded man
and carried him to a basement.
Meanwhile the Spanish government
pinned hope of cracking 325 miles of
gun-bristling siege lines about the
capital on a drastic grant of military
power to Gen. Jose Miaja.
Elevated to command of the gov
ernment forces on the whole central
Spanish front, Miaja vowed “the
Fascists will never capture Madrid j
because we have an enthusiastic army ’
and an enduring civilian population ;
ready for all sacrifices.’’
Enlargement of Miaja’s authority
was in line with a general movement
toward centralization by a war
harassed government of all its scat
tered legions.
Miaja, whose Madrid forces have
held off an insurgent siege for three
and one-half months, recently was
given command of the entire Madrid
defense. The second order yesterday
placed him over far-outlying troops
hitherto commanded by Gen. Se
bastian Pozas.
His new command, besides the
troops stationed at the very limits of
Madrid, now stretches to the north
west, including El Escorial positions,
the Guadarrama Mountain lines and
the guard at Somosierra Pass, and the
forces about Guadalajara to the
northeast.
Decisive Action Needed.
Government leaders here and in
Barcelona and Valencia declared that
approaching international supervision
to block outside military aid from
Spain called for united, decisive ac
tion.
Imposition of the international plan
to cover both the French and Portu
guese borders and establish naval pa
trols, scheduled for midnight of March
6, has brought the government face
to face with one of the most delicate1
phases of the war, they said.
The situation has for the moment
overshadowed, in the government
press, accounts of actual fighting,
which on the Madrid front was in a
virtual stalemate.
Another fusion of government
strength was reported under way in
the Aragon territory in the northeast
—a combination of Anarchist and
Socialist-Communist labor unionists.
A statement by Premier Francisco j
Largo Caballero left no doubt that ;
still other 'developments of major im
portance were to come.
“I am convinced we very soon are
going to experience the most delicate
moment of the war, and in the im
minence of control enforcements we
must make decisive resolutions,” he
said.
The premier demanded above all
that action be taken against a spy
system which, he said, "twines about
our feet like a reptile.”
■ Position Not Altered.
It was announced that continued
fighting had not substantially altered
the positions about Madrid. Gen.
Miaja declared the insurgents had
“failed completely to cut communica
tions of Madrid.”
His troops in the Jarama River
sector near the Valencia road south
east of the city still pecked away at
insurgent positions on the dominant
Pinzarron Hill. Government forces
in the Carabanchel sector, south of
the city, machine gunned insurgent
positions but were unable to break
them.
The Madrid defense organization
tried to step up its evacuation of
civilians, adapting Goya etchings to
modern slogans in a poster campaign
in attempts to move the non
combatants.
OVIEDO ATTACK REPULSED.
Insurgents Cling Doggedly to Ram
parts in Shell-Torn City.
BAYONNE, Franco-Spanish Fron
tier, February 27 UP).—A fierce, week
long assault by government militia
men has been shattered on the stone
wall defense of Oviedo’s insurgent gar
rison, defense dispatches reported
today.
The Insurgents, clinging doggedly
to their ramparts in a shell-shattered
city, asserted the countless thrusts
against them had cost the govern
ment 12,000 casualties while their
losses were “minor.”
They asserted by radio the govern
ment drive was “much weaker” and
confined largely to artillery fire. The
attackers were said to have refrained
from further Infantry onslaughts while
preparing for a fresh full-force pusn.
The remnants of the attacking force
were said to have withdrawn to the
Lugones and Colloto sector, 4 miles
northwest of the provincial capital in
Northwestern Spain.
OVIEDO BEING DESTROYED.
LISBON, Portugal, February 27 UP).
—Gonzalo Queipo de Llano, the
Spanish insurgent “radio general,” de
clared by radio from Seville today that
government forces were destroying
Oviedo “little by little with uninter
rupted heavy bombardments.”
He said the casualties for both the
attackers and the defending Insurgent
garrison exceeded 12,000.
Turning to the Madrid front, he
said “red reaction” had caused "post
ponement” of the fall of the Spanish
capital from Marc* 4 to March IS.
I
Parking
(Continued From First Page.)
j before deciding whether his officers
would continue to hand out parking
tickets and obtain warrants under
the questioned regulation.
The first of this week Judge Isaac
R. Hitt announced in Traffic Court
that he would take the personal bonds
of all motorists brought in under the
regulation until such time as snow
conditions warranted enforcement of
the parking ban.
Police, however, continued to ticket
cars parked on the designated streets
; between 2 and 8 a.m. Comparatively
i few motorists deposited collateral after
receiving the tickets and a few days
ago the police began to demand war
rants for the delinquents.
300 Warrants Issued Daily.
An averpge of 300 warrants a day
have been issued in Police Court since
Wednesday. Only a few of them had
been served up until this morning,
however.
One motorist, Z. Monford Smith,
who received a ticket Thursday from
Policeman J. W. Hanrahan for park
ing on Thirteenth street, volunteered
to make a test case in Traffic Court
today.
Smith was brought before Judge
Curran, who was substituting in Traf
fic Court for Judge Hitt during the
latter’s illness. The defendant ad
mitted he had parked in violation of
the regulation, but questioned the
validity of the ban.
Judge Curran said he would allow
the defendant to move to quash the
information. With regard to the cor
poration counsel's office. Judge Curran
said, “I suppose the same grounds exist
which were argued when I declared
the previous regulation invalid last
month.
McMahon Next on Bench.
"One reason for declaring this first
regulation invalid was the fact that no
expiration date was set on it. This
was only one reason, however. There
were several others. Although this last
regulation expires March 15,1 consider
it just as unreasonable as the last and
I declare it invalid."
Judge Hitt was kept home by illness
yesterday also. Judge Walter J.
Casey substituted for him at that time,
and continued about a dozen “snow
removal” parking cases until Wednes
day.
Judge John P. McMahon assumes
the bench in Traffic Court for a
j month, beginning Monday,
i Last Winter a “snow removal” park
ing ban was declared invalid by for
mer Judge Gus A. Schuldt, and the
ruling was upheld by the Court of
Appeals.
Busses
(Continued From First Page.)
"
sengers will not be permitted to leave
the busses south of Park road.
There also will be established ex
press bus services during the midday
non-rush periods and during the eve
ning non-rush periods.
The midday non-rush express serv
ice, using Fifth street in the Takoma
area, will traverse Kansas, Illinois,
New Hampshire, Sherman, Florida
and Vermont avenues and Thirteenth
street, going to the Ninth street termi
nal below Pennsylvania avenue. The
evening non-rush express service will
use the same route, but will termi
nate at Eleventh and E streets.
Passengers will not be permitted to
Jjoard non-rush express busses be
tween Park road and Massachusetts
avenue nor will they be allowed to
leave the vehicles except at transfer
points.
The commission also ordered changes
in the present bus service to the Pet
worth and Chillum Heights areas.
The Petworth busses, beginning May
2, will make a loop around the triangle
north of Sherman Circle, using Kan
sas avenue, Gallatin and Eighth
streets and Illinois avenue. These
busses no longer will go to Chillum
Heights via Kansas avenue. Instead,
the Chillum service will go north from
Grant Circle via I'ev Hampshire ave
nue, turning west on Kennedy street,
north on Second street and Kansas
avenue, east on Madison street and
south on North Capitol street and
New Hampshire avenue.
In its order changing the route of
the Hyattsville-Laurel busses, the
commission directed that on March 14
the vehicles shall follow , this route
Inbound:
From the District line, along Ran
dolph street, Bunker Hill road and
Michigan avenue, then sout' on Tenth
northeast, west on Monroe, south on
Seventh northeast, west on Franklin,
south on Fourth northeast, west on
Rhode Island avenue, south on Ninth
street, west on Pennsylvania avenue,
south on Seventh street, west on Con
stitution avenue and north on Ninth
street to the terminal belt. . Pennsyl
vania avenue.
Lindbergh Returns.
KAMPTEE AIRDROME, India. Feb
ruary 27 (JP).—Col. Charles A. Lind
bergh landed here today after a flight
from Calcutta, where he had flown
Sir Francis Younghusband for a re
ligious conference.
Lindbergh motored to nearby Nag
pur to Join Mrs. Lindbergh. They
planned to remain overnight.
>
RO EJSSTUDIEO
Securities Probe to Resume
on Central States Electric
Set-up Monday.
BT the Associated Press.
David Schenker, Securities Com
mission attorney, said today his in
vestigation of investment trusts will
go later into the public’s part in flnan
ing companies controlled by Central
States Electric Corp.
The investigation, in recess today,
will reopen Monday with further in
quiry into the affairs of the corpora
tion itself as part of a study to de
termine if laws are needed to regu
late investment trusts.
Counsel declared their two-day ques
tioning of Harrison Williams showed
that by pyramiding holding companies
the utilities executive controlled stock
In gas and electric companies doing
one-sixth of the United States busi
ness through his investment of $2,
072,000.
Williams disputed an assertion this
gave him control of the companies,
though agreeing he had ’’influence’’
with several.
Commission attorneys said Wil
liams, through Central States Power
Corp., controlled the following per
centages of voting stock:
North American Co., 19.47 per cent;
North American Light & Power Co.,
73.5 per cent; Pacific Gas & Electric
Co., 32.96 per cent; Detroit Edison, 39
per cent.
Earlier questioning showed Williams’
$2,072,000 investment in Central States
Electric Corp. ballooned to a market
value of about $612,000,000 in 1929,
but shrank to around $5,000,000 in
1934.
ATLAS STOCK “TIP”
AIRED AT HEARING
Detroit Broker Connects Member
of Hutton Firm With “Motor
Boys’’ Story.
Br the Associated Press.
Testifying at a hearing before the
Securities Commission on whether W.
E. Hutton & Co., New York brokers,
should be barred from 34 securities
exchanges for alleged manipulation of
Atlas Tack Corp. stock. Government
witnesses told the commission yester
day afternoon how word that the
“motor boys" were buying Atlas stock
brought quick and large profits to
speculators.
Andrew D. Hotchkiss, manager of
the Detroit brokerage office of Good
body A: Co., directly connected a mem
ber of the Hutton firm with informa
tion that Detroit automotive manu
facturers were interested in Atlas stock.
The witness, a brother of Fred
Hotchkiss famous Yale foot ball star,
said he discussed "good buys" with
William E. Hutton, 2d. manager of the
Hutton firm’s Detroit office, in No
vember, 1935. Hotchkiss related how
a customer of his bought 500 shares
of the stock at $11 on November 15,
1935, and sold it later the same day
at $13>4 to $15, making a profit of
about $1,000.
Another witness, Roy W. Scott, sec
retary and treasurer of the Conductors’
Protective Association, said he and two
associates purchased 5,500 shares of
Atlas on November 14. 1935. and on
the following day sold 2,500 shares for
a profit of $10,000.
He said Jerry McCarthy, a cus
tomer’s man. told him the Fisher
brothers and other heads of the
automotive industry were among the
“new people" interested in Atlas.
MAN CRUSHED AGAINST
TRUCK IS BADLY HURT
Alexandrian Unloading Coal at
Collinwood Suffers Broken
Arm and Ribs.
By 9 Star Correspondent o! rhe Star.
ALEXANDRIA, Va., February 27.—
Silvester Sutphin. 41, of 511 Oronoco
street, Alexandria, was seriously In
jured today when crushed against the
rear of a coal truck by a car which
backed into him. Sutphin was un
loading at Collingwood Inn on the
Mount Vernon Memorial boulevard.
The car, according to park police,
was driven by B. F. Wade, Jr., who lives
at the inn.
Sutphin suffered a broken arm, two
fractured ribs and internal injuries.
He was admitted to Alexandria Hos
pital.
-•
LOCAL NEWSPAPER MAN
TO GET SAFETY AWARD
Accorded the highest honor among
newspaper men by the C. I. T. Safety
Foundation of New York for the best
series of safety stories educating the
driving public, Howard F. Wentworth
of the Washington Post will be
awarded the foundation’s $500 prize,
it was announced today. Formal
recognition will be given at a dinner
at the Hotel Waldorf-Astoria in New
York Wednesday.
At the request of the foundation,
Arthur Robb, editor of Editors and
Publishers; Frank Parker Stock
bridge, publicist and former editor of
American Press, and Dr. Miller Mc
Clintock, director of Harvard Bureau
for Street Traffic Research, served as
the judges for the awards.
CHICAGO LIVE STOCK.
CHICAGO. February 27 i/Pi (United
States Department of Agriculture).—Hogs.
6.000, Including 4.500 direct. Only few
hundred hogs on sale; market fully steady
with Friday's average: top, 10.26: good
ana choice. 100-280 pounds. 10.10al0.25;
odd lots medium to good. 140-100 pounds
fl.00asi.50: few common and low medium
grade light pigs, H.60; practically no sows;
shippers took nothing: estimated holdover
600: compared with week ago, market
generally steady.
Cattle, 100; calves. 100. Compared
Friday last week, strictly good, choice and
Rrime steers and yearlings 15 to 25
Igher: common and medium grades fully
steady; market very irregular, due to
sharply fluctuating- receipts; closing • un
dertone strong on long-fed cattle, all
weights, consequently healthy on good to
choice kinds suitable for substitute ship
per purposes; extreme top. 14.06. new
high on crop; 1.600 pounds. 14.oo. and
1,450 pounds. 14.50, also new highs for
these weights; heavy long-fed steers thin
ning out noticeably, as are well-fattened
light yearlings: few light yearlings above
12.50; strictly good and choice heifers
steady: practical top. 10.50. but weighty
•'specialties'’ brought 12.25 and 12.50:
common and medium heifers strong to 25
higher at 7.50 down: good and choice beef
cows. 25 to 60 higher: others and cutters
strong to 25 up: bulls strong and vealers
60 to 75 up. closing at 10.00 down
Sheep. 4,000. including 1.400 direct:
for week ending Friday. 7.500 directs.
Compared Friday last week, fat lambs
unevenly 25 to 55 higher: top for week,
on Monday. 11.15; closing top. 11.10: best
on Wednesday. 10.50: around 50 per cent
Colorados: few lots and loads fed West
erns on the close indicate feed yard clear
ances; bulk wooled lambs for week. 10.50a
10.80: fresh clipped. 8.50a8.76; Fall
shorn, fl.25afl.75: shearing lambs. fl.26a
ttU?hS?fb:1Ut.166.§itteSb.be,t
\
CHICAGO GRAIN
Mr the Associated Press.
CHICAGO, February 27,—Wheat
scored a full cent advance at times
today, responsible largely to evidence
of sustained active buying for trans
Atlantic use.
Adding to the upward Impetus of
values were authoritative suggestions
that estimates of total world Import
requirements of wheat for the season
would have to be enlarged. One lead
ing trade specialist expressed belief
that reversing the practice of recent
years. Europe- instead of exporting
countries would be obliged to carry the
bulk of supplies this year, and conse
quently would take more wheat than
had been the custom. Heavy purchases
by Germany and Italy were cited In
particular.
Additional moisture today In do
mestic Winter crop territory Southwest
served at some stages to cancel wheat
price gains that at one time lifted
Chicago May wheat to *1.32%. An
opposite factor, however, was word
that 250,000 bushels of Canadian
wheat had been bought overnight for
export. Another stimulus was an
nouncement that Germany had pur
chased in excess of 600,000 bushels
of Yugoslavian wheat.
Corn and oats lacked aggressive
buying support, and went lower after
an early upturn.
Provision registered moderate gains.
Around midsession, wheat was %-%
higher compared with yesterdays
finish, May, 1.32; July, 1.13%, and
com was unchanged to % lower, May,
1.07; July, 1.02%.
ROOSEVELT ASKS
PANAMA CONTROL
—
Removal of 20-Year Conflict at
Canal Is Sought in
Single Act.
By the Associated Press.
President Roosevelt recommended
yesterday the removal of a 20-year-old
conflict in ship measurement stand
ards by which the Government claims
to be suffering a loss of thousands of
dollars annually in Panama Canal
tolls.
| He asked Congress In a special
message to supplant with a single act,
giving the Chief Executive final au- j
thority to fix rates, the present dual
system of toll standards governinj the !
canal rate structure.
Regulations issued during the last
two decades by the Commerce Depart
ment have had the effect of creating
j certain exemptions for various types
| of vessels from provisions of the
Panama Canal act prescribing that
tolls shall be charged on the basis of
a vessel's earning capacity.
Officials cited as examples modifica
tion of Commerce Department regu
lations so as to exempt deck and su
perstructure cargo space, large blocks
of passenger cabins and double bot
tom tanks from the assessible tonnage.
This resulted, they said, in a ma
terial reduction in tonnage on which
rates could be levied and a corre
spondingly reduced volume in canal
toll revenues.
President Roosevelt proposed that
the Panama Canal "net ton" basis of
measurement be adopted henceforth 1
as the exclusive standard upon which
tolls may be fixed.
TWO NATIONAL GUARD
FLYERS DIE IN CRASH
Training Ship Falls Shortly After
Take-off at Chicago Munic
ipal Airport.
Br tie Associated Press.
CHICAGO. February 27.—Two Na
tional Guard aviators were killed today.
Chicago lawn police reported, in a
crash of their training ship shortly
after taking off from the municipal
airport.
Officers identified the flyers as Sec
ond Lieuts. Clyde H. Wood of Chicago
and John P. Spake of Suburban Ber
! W>T1 Insignia on the plane indicated
it was a training ship of the 33d Ob
j servation Squadron, Illinois National
j Guard.
Witnesses said the plane plummeted
near West Sixty-seventh street and
the Belt Line Railroad about 10 min
utes after It had left the Municipal
Airport.
PARLEYS ON RED RIDER
MAY BE DELAYED AGAIN
Senator Blaek'e Absence Seen
Causing Further Postpone
ment of Sessions.
Conferences to settle the differences
between the House and Senate over re
peal or modification of the District's
"red rider” probably will be post
poned for another week. One of the
House conferees. Representative Short,
Republican, of Missouri, was out of
the city this week and Senator Black.
Democrat, of Alabama, has to be away
next week.
The Senate voted for outright re
,peal of the rider, which provides that
no salary be paid any person who
teaches or advocates communism In
the District public schools. The House
merely modified the law to permit
teaching and to relieve school em
ployes from the requirement of filing
statements every pay day that they
have complied with the law.
Senate leaders contend there is no
necessity for retaining any part of
the ban.
PUSHKIN HONORED
Russian Poet's Centenary Is Cele
brated Here.
The centenary of the birth of the
Russian poet. Alexander Pushkin, was
celebrated at Rankin Memorial Chapel,
Howard University, yesterday. Trib
utes were paid by Constantine Uman
sky, counsel of the Soviet Embassy;
Eugene Holes, Prof. Sterling Brown
and Ruby Kendrick.
Addressing the meeting, which was
under auspices of the Stylus Club,
the Howard Union, and the Moorland
room group, Umansky declared Push
kin's works have been widely dis
tributed in Russia in the last few
ye^trs.
DESCRIBES WORK
Dr. Willoughby Tells of Cata
loguing Folger Collection.
Dr. Edwin L. Willoughby, chief bib
liographer at the Folger Shakespeare
Library, discussed the cataloguing of
the Folger collection of more than
90,000 volumes at the monthly meeting
of the District of Columbia Library
Association last night.
Dr. John Quincy Adams, librarian
at the Folger Library and Shake
spearean author and editor, welcomed
the association. John T. Vance of
the Law Library of Congress presided.
/
Washington Produce.
BUTTER—02 score. 1-pound prints. 38:
'.-pound prints. :|B; tub. 37; 80 score. im
pound prints. 37: '/.-pound prints. 38;
tub. 30. Market slightly weak.
MEATS—Choice beef. 15: calves 18;
veal. 10: lamb. 18; pork loin. 21; fresh
bam. 23: smoked hams. 20; sliced bacon.
33; slab bacon. 28. compound. 1 .'1 ■/», lard.
15.
LIVE STOCK—Pigs. 8 ',aa0; light hogs.
BaO'/.; medium. B’/.aO'a; heavies. 8a0;
roughs, 5l/aa7‘.a; calves. 5 a!)'2. lambs.
6a 10.
Prices „ald shippers net f o b. Washing
ton. By the United States Bureau of
Agricultural Economics:
EGOS—Market mostly weak: receipt!
moderately heavy: United Stales Govern
ment graded extras, large, '/a cent lower.
Current receipts. 21 a21 'a: hennery whites,
21'/aa22. Government graded and dated
white egga (net prices paid shippers f o b.
Washington): U. S extras, large. 22:
U S extras, mediums. 20; U. 8. stand
ards. large. 21 "a.
LIVE POULTRY—Market steady at un
changed prices. Fowl Colored, heavy,
15a) 8; Leghorns, llal 3. Chickens: Rocks
Hnd Crosses. 20a22. a 1 -cent premium on
some broilers and roasters Guineas,
young. 2 pounds and up. 40 each: under
2 pounds. 25a30 each; old guineas. 2oa25
each. Turkeys. Young hens. 1!ib20: young
toms, under 11) pounds, Ida! 7: 20 pounds
and over. 15; No. 2s. 12; old hens. 14;
old toms. 14.
INVESTING COMPANIES
NEW YORK. February 27 (IP).— New
York Security Dealers' Association:
Bid. Asked.
Admin Fd 2nd Inc- 20.26 21.55
Am Business Shrs- 1.3<>
Am Gen Eq Inc . 1.15 J
Am Ins Stocks -5.126 ,71
Bancamer Blair -12.75
Bank GroUD Shrs -- 2.12 ~•?}*
Bankers Nat Inv Coro — 3.6,5 4.60
Basic Industry - 6.46 -
Broad St. Inv-36.47 30.01
Bullock Fund _ 23.50 2o.25
Cornorate Trust - 3.10 -
Cornorate Trust A A- 2.04 -
Coro Tr AA mod - 3.60 -
Corp Tr Accum Ser- 2 04 -
Corn Tr Acc Mod - 3.00 -
Cumulative Tr 8h 6.,n -
Depos Bk Sh N Y "A*-- 2.60 -
Depos Ins Shrs ' A"- 3.63 -
Depos Ins Shrs *'B*- 3.63 -
Diversified Tr C -«- 5.3(1
Dividend Shrs w . r r:1
Equity Corp $3 of- 41.35 41..ft
Fidelity Fund Inc-20.0 < 1J-J1
First Boston Corp-42. <5 44 '.a
Fixed Trust Sh A . 14.04
Fixed Tr Sh B_Jl.Hi v.;
Found Tr Sh A - 525
Fund Investors Inc -- 2o.,9 *-<--•>
Fund Tr Shrs A _ 8.5!* *.3*
Fund Tr Shrs B _ 8.03
Gen Investors Tr - 7.38 x.oi
Group Sec Agriculture _ 1.82 *-88
Group Sec Automobile __ 1.55 1.88
Group Sec Building . 2.32 2
Group Sec Chemical __ 1.8, 1.81
Group Sec Food 1.08 1 18
Group Sec Invest Shrs 1.8] 1.118
Grtup Sec Merchandise 1.54 1.87
Group Sec Minina _ 1.80 2.08
Group Sec Petroleum _ 1.51
Group Sec R R Equip . 1.82 1.87
Group Sec Steel _ 2.12 2.21*
Group Sec Tobacco_ 1 18 1.28
Huron Holding _ .88 1.28
Incorp Investors _ 27.13 20.17
Insurance Group Shrs_ 1.78 1.83
Investors Fd “C" Inc 18.78 17.14
Keyston Cust Fund B-3 . 23.91 28.22
Major Shrs Corp . 3.25
Maryland Fund _ 10.51 11.49
Mass Invest Tr _ 30.07 31 9o
Mutual Invest _ 18.01 18.88
Nation Wide Sec _ 4.87 4.97
Nation W’ide Voting 2.27 2.43
N Y Bk Tr Shrs 4 50
Nouh Am Bond Tr ctfs 5'* 875 84.125
Nor Am Tr Shares 2 89
Nor Am Tr S»i 1955 3.75
Nor Am Tr Sh 1858 3.88
Nor Am Tr Sh 1958 3 17
Plymouth Fund Inc _ .98 1 08
Quarterly Income Sh _ J9.n3 20.85
Selected Am Sh 4.2!*
Selected Am Sh inc 18.no 17 44
Selected Cumul Sh -11.10
Selected Income Sh_ 5 79
Selected Indus cv of . _ 27.25 28.75
Spencer Trask Fund _ 23 14 23 88
Stand Am Tr Shrs _ 4 45 4.7n
Stand Util Inc l.io 1.18
Super of Am Tr A- 4.42
Super of Am Tr A A_ 2 94 —
Super of Am Tr B_ 4.82 -
Super of Am Tr BB _ 2.84 -
Super of Am Tr C_ 8.45
Super of Am Tr D — 8.4 5
Supervised Shrs _15.15 1848
Trustee Stand Inv C 3.28
Trustee Stand Inv D 3.22
Trusteed Am Bk B 1 <»4 1.15
Trusteed Industry Shrs 1.81 1.78
W'ellington Fund 21.45 23.50
NEW YORK BANK STOCKS
NEW YORK. February 27 (IP).—New
York Security Dealers’ Association:
Bid. A'-ked.
Bank of Manhattan fl'.a) 36 4"
Bankers’ Tr (2) -- Tit'2 61'2
Cen Han Bk A Tr (4) 144 34.
Chase Nat il.40> _ 60'* ii2>2
Chem Bk i Tr >1 60)_ 7 7 7!'
Commercial <b' -22. ;
Cont Ek & Tr ( 6m _. 1 !*3a 31
Corn Ex Bk * T <3>_ 72 7:t
Empire Tr 'll 3«; 37
First Nat <Bos» (2)-_ 5.3< ->934
First Natl < 100» _ 258ii 2800
Guaranty Tr (12)- 377 382
Irving Tr (.80) _ 1834 1834 ,
Manufacturers' Tr (2) __ 88 *58 .
Manufacturers’ Tr of (2)-- 55 57 1
Natl City (1) _ 57 59
N Y Trust (5) _152 155
Public (I*£) _ 541 if 58*2
Title G & T_ 17‘a 181*
-•
METAL MARKET.
NEW YORK February 27 (IP).—Copper
firm: electrolytic, spot and future. 15.no;
export. 10 47'*. Tin easier; spot and
nearby ft4 50 future. 64.37. Other
metals nominally unchanged.
First Mortgage Loans
Interest 5V2%
Small Construction Loons Considered
Wm. T. Ballard
1221 Eye Street N.W
REAL ESTATE LOANS
mm* , M RESIDENCE and
^1/nCtZ* SMALL BUSINESS
\J / C /U PROPERTIES.
FRED T. NESBIT
1010 VERMONT AVE. DISTRICT 9392
Second Trust Notes
We will bay monthly payment deferred
purchase money second trust notes,
secured on owner-occupied dwellings
in D C. and nearby Md. & Va.
Union Finance Co.
01(1 Woodward Bldg NAtl. 7036
NEW YORK COTTON
B» the Associated Press.
NEW YORK, February 27.—Cotton
futures opened steady, 4 to 7 higher,
on active trade buying of near
months. Improved Liverpool cables
and foreign buying. March, 12.98;
May, 12.73; July, 12.49; October,
11.97; December, 11.93; January,
11.93.
The initial advance carried March
to 13 cents, the first time that this
price had been touched since last
July. Near months’ strength as trade
shorts continued to cover was again
the outstanding feature.
Old crop positions were also steadier
on reports of wanted rain and snow
in the Western belt.
Overnight reports that the Com
modity Trade Corp. through February
25 had requests for release of 414,291
bales of loan cotton were regarded
as confirming reports of an insistent
spot demand. Spot houses were guess
ing that sales on option on loan
cotton thus far amount to between
6,000 and 7,000 bales.
Considerable realizing and tome
hedging developed on the initial bulge
but the undertone held steady. May
reacted from 12.74 to 12.71 and was
selling at 12.72 shortly after the
first half hour, when prices generally
were 3 to 5 points net higher.
Liverpool reported firmnes* In
sympathy with reaction of oversea*
market.
Future* closed steady 6 to 9 higher
High. Low. Close
March _13.03 12 9? 13.03
May _12.77 12 71 12.74
July _12.55 17.49 12.52
October _12.01 11,90 12.<io-i
December _ 11.90 11.92 11.95
January _ 11.95 11.93 11.95
Spot steady; middling. 13.34.
Cottonseed Oil.
Bleachabie cottonseed oil future
closed firm. March, 10 95; Ma;.
11.04-05; July. 11.12-13; Septembc..
11.08; October, 10.95b. Sales, 72 cor.
tracts.
FEDERAL LAND BANKS
NEW YORK. February 27 UPi.—Federal
Land Bank bonds
4'.s Nov.. 1958-38 _105*4 106
41.5 May 1957-37_ 10lis« 101**
4 s May 1058-38_103s. 104
4s Nov.. 1057-37_102*.. 102*j
4s July. 1040-44_ 111 111s
3*.s May. 1055-45_ 104 104'.
3s July. 1055-45_ 102s. 103
3s Jan. 1050-40 _102s. 103
3s May. 1050-46 _102s. 103
FOREIGN EXCHANGES.
NEW YORK February 27 <F—ForeiV-.
exchange steady Great Britain in do;
lar. . others m cents
Great Britain demand 4 8*12 cables
4>*|2: *»o-day bills 4 *7 i2 France, de
mand. 4.*>4T#i: cables. 4 047*. Italy, de
mand. 52Hb: caLles. .Y7tP*
Demands—Belgium lOMV. Germany
frer 40.231^: registered 20.25: travr'.
22.50: Holland 54 TO: Norway 24 57
Sweden. 25.21: Denmark. 21.*.;. Finland.
2.17 Switzerland. 72.81 Snain un
quoted: Portugal. 4 4*P Greece .90: Po
land 18.00: Czechoslovakia 3.40: Yugo
slavia. 7.34 Austria. l*.73n Hungary.
19.80: Rumania. .75: Argentina 32.00n:
Brazil * 8(»i4n: Tokio. 22.55 Shanghai.
29.89: Hongkong 30.48: Mexico City.
27.80: Montreal in New York. 100.00;
New York in Montreal. 100.00.
n—Nominal.
NOTICE
At a meeting held Friday. February 5.
1937. the Washington D C.. Clearing
House Association adopted the following
rule governing the payment of interest on
savings deposits:
•Beginning March 1. 1037. and
thereafter, the maximum rate of
interest that may be paid by
members and associate member* on
avincs accounts shall be as
follows:
per annum on accounts show
ing a balance of $7,509 or less
On accounts that show a balance
oi more than $2.5ou on
$2.50o and l'r on the remainder.
These rates shall apply to all
accounts m existence March 1.
1937. and to all new account#
opened after that date.
As these regulations are binding upon
this Bank and will go into effect on
March 1. 1937. the rules and regulation*
of its savings department, with respect to
the payment of interest on savings de
posits. are hereby amended so as to con
form with the above regulations adopted
by the Clearing House Association.
MORRIS PLAN BANK
1408 H ST NW
WASHINGTON. D. C.
First Mortgage
LOANS
ON
IMPROVED REAL ESTATE
At 5%
Monthly Payments
If Preferred
Construction Loans
District of Columbia,
Nearby Md.
Joseph J. Crowley
Insurance
Natl. 1318
[ Consider These Tacts
I When You Wish To Arrange A
■
LOANS
on improved or to be
improved real estate—
as low as
including interest and
curtail. • • No commis
sions . . . No renewal
lees. Let us help you
solve your problem
with a Perpetual loan.
mu S'
PERPETUAL Building Association is
the largest in Washington, and one of
the leaders in the entire United States.
PERPETUAL has over 55,000 bor
rowing and savings members.
PERPETUAL'S Board of Directors
keep in close contact with the
officers and materially assist in
the speedy handling of loans.
PERPETUAL’S regular examinations
by the U. S. Treasury Dept, are sup
plemented day special C.P.A. audits
as well as its own Auditing staif.
PERPETUAL has always had a rep
utation for sound, fair appraisals.
Over 200 borrowers per month were
advanced loans last year, totaling
over $12,000,000 for the year.
PERPETUAL
BUILDING ASSOCIATION
11th & E STREETS, N. W. ESTABLISHED 1881
Larg«*t In Waahington—A*»et* Ov«r $43,000,000
ARTHUR G. BISHOP MARVIN A. CUST1S EDWARD C. BALTZ
Chairman of Tho Board Proaidont Socrmtarj