davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-09-30
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, September 30.-The fol-
lowing is todays summary of important
corporation news prepared by Standard
Statistics Co.. Inc, New York, for the
Associated Press:
Automobiles and Trucks.
General Motors Corporation estab-
fishes a five-day week for clerical staff,
with no accompanying cut in salaries.
months ended June 80, $155,38 VS..
deficit s379,564.
Stutz Motor Car Co. of America un-
filled orders reported greater than at
any time since end of May.
Automobile Parts and Tires.
Reynolds Spring Co. deficit, six months
ended June 80, s97,170, VS.. deficit sl4,-
009.
Electrical Equipment and Radio.
Grigsby- -Grunow Co. producing about
1.200 radios daily; retail sales of Ma
jestic radios are reported to be cur
rently exceeding expectations.
Miscellaneous.
Stein Cosmetics Co, Inc, took no
action on quarterly dividend on pre-
ferred stock paid so cents on July l.
Oil
Standard Oil Co. of Kentucky cut
gasoline price in its territory one-half
cent to l cent a gallon.
Paper and Paper Products.
International Paper & Power Co.
Seminole Paper Co., an affiliate, has re-
ceived an order for 38 carloads of paper
from Kroger Grocery g. Baking Co.
Railroad and Railroad Equipment.
Colorado & Southern August net oper-
ating income off 800 per cent; eight
months, off 762 per cent
New York, Chicago & st. Louis-1. c.
c. authorized company to issue S2O,-
O00, 900 of new promiSSory notes, which
will be given in exchange for an equal
face amount of notes due october l.
St. Louis-San Francisco Railway
Suit filed against directors of company
by stockholders, charging them with
mismanagement, negligence and fraud.
Retail Trade.
United Cigar Stores Co. of America
Bankruptcy referee has Cancelled Isl
store leases held by company under
which loss was shown over six months
period.
Steel and Iron.
United States Steel Corporation sub
sidiary, American Sheet & Tin Plate,
reopening American plant at Elwood,
Ind; plant has been idle since last
Spring.
British Columbia Power Corporation.
Ltd. gross revenues, months ended
August 81, were off 11.6 per cent; net
after expenses off 16.1 per cent.
Interborough Rapid Transit Co
Judge Manton filed an order continuing
receivership of company; receiver ior
Manhattan Railway seeks court ORDER
directing that october interest be
paid on consolidated mortgage bonds
of that company by Interborough RAPID
Transit Co.
New York Railways Corporation gross
revenues, eight months ended August
81, totaled S3.268 ,907, VS.. S3,60O,83O;
deficit after charges for period was
S91 ,285, VS.. SAG, 1894.
New York Telephone Co. gross reve-
nues. eight months to August 81, on
e.5 per cent; operating income OF 1873
per cent.
Western Union Telegraph Co. report
ed president stated that improvement
in company's earnings may permit COW
erage of 1882 fixed charges.
Evening star., 1932-09-30
j. 6 EXPORT TRADE
ON BETTER BASIS
Favorable Balance in August
Reflects Pickup in
Sales Abroad.
BY DIR. MAX WINKLER.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, September 3O.-Amer-
ica's favorable balance of trade in Au-
gust, amounting to SIS, 765 900, is being
viewed very favorably, especially because
it compares with an adverse balance of
trade, or an excess of imports over ex-
ports of S5,185,0 1000, for the previous
month.
1t is curious to find the enthusiasm
over August trade figures emanates
from the same quarters that rejoiced
over July figures because they belived
creditor nations should have unfavor-
able trade balances. They declared this
passive balance is offset by the large
invisible income derived from shipping,
insurance and foreign investments.
1t is difficult to subscribe to this in
depreciation. While it is true practi-
cally every important creditor country,
notably Great Britain, Holland, SwitZer
land, France, and pre-war Germany, re-
ported import surpluses almost In
variably. the position of the United
States Is unique, in that she is at the
same time producer of goods and dis
penser of credit She may, therefore,
continue to lend on large scale and
report so-called favorable trade bal
ances.
However what is more important than
the United States excess of exports over
imports is the shrinkage in both. Au-
gust exports show less compared with
July of more than "a per cent. while
imports dropped considerably more than
As per cent. The comparison with 1880
is even more discouraging. the decline
in exports amounting to about So per
cent, while imports dropped almost 60
per cent.
It Is obvious that genuine recovery Is,
to a large extent, dependent upon
healthy expansion of Americas foreign
trade. While it is true that foreign
commerce accounts for only relatively
small percentage of Americas total
business, it should be remembered that
its extent represents the profit accruing
to the American people.
Copyright, 1872. by North American News
paper Alliance, IncO
Evening star., 1932-09-30
Chain Store Earnings.

NEW YORK, September 80 (SpeciaD.
An analysis of August earnings OF the
chain stores shows that the decrease In
sales last month was above the ratio OF
loss for the first eight months of the
year, the figures being, respectively. 15.5
per cent for August and 12.5 per cent
for the January August period. The
grocery chains decreased is per cent IN
August compared with the same period
in 1881, 5-and-10-cent stores had a
loss of IA per cent, drug chains nearly
19 per cent, shoe chains, 31.5 per cent,
while the mail order stores lost nearly
IS per cent, against % per cent for
eight months. A new element IN this
situation now being emphasized Is the
high rentals which all Of the chain
groups have been committed to and
which are proving burden only
secondary in effect to that of smaller
profits on their gross sales.
Evening star., 1932-09-30
Speculative Rails.
NEW YORK. September 3O (Snf

NEW YORK, September 80 (SpeciaD.
1t is to be expected that specula-
tive advantage will be taken from time
to time in the stocks of railroads that
are at present independent, but which
are to be merged with the four major
Eastern systems under the consolida-
ton plan. This would include the
shares of the Lackawanna. Lehigh VAL
ley, Ontario g. Western, Western Mary
land and the Wabash. There are also
likely to be movements Of the same
nature in the junior bonds of the New
YORK Central, Baltimore g. Ohio and
Nickel Plate systems as advantages of
the consolidation intermittently i'm
press themselves on Wall Street. The
floating supply of the stocks has been
reduced by purchases already made,
which gives more opportunity for sue
cess in speculative ventures.
Evening star., 1932-09-30
Short Interest.

NEW YORK, September 80 (Spe-
ciaD Careful observers of the market
state that the short interest today is
about 10 per cent smaller than on Sep
timber l. It was materially reduced in
the first week of the month and has
increased since then. The number OF
stocks lending at a premium was fewer
than 10, after having been double that
amount, and 145 are loaning fiat.
The figures for October l will be pub
lished early next week.
Evening star., 1932-09-30
PARIS R0uRsE PRICES.

PARIS, September 80 @.-Three
per cent rentes SO francs 80 centimes.
Five per cent loan, 100 francs 95 CEN
times.
Exchange on, London, % francs 8
centimes. The dollar was quoted at Is
francs 53a4 centimes.
Evening star., 1932-09-30
U. S. TREASURY BALANCE.

By the Associated Press
Treasury receipts for September 28
were Sl04652 52,95768: expenditures,
S106,075,922 70; balance, $685., l04, ,909 10.
Customs duties for % days of Septem-
Der were s23,398,958.50
Evening star., 1932-09-30
SILVER QUOTATIONS.

NEW YORK, September 80 P).-
NOon--Silver futures steady; sales l.
100000 ounces; October, 27.53 bid; De-
cember, 27.8O bid; January. 27 90 bid.
March, 28.02 bid; May. 1926 bid.
Evening star., 1932-09-30

To celebrate the winning of $450,000
In sweepstakes, Emilio Scala of Bat
tersea, England, recently took $50 OF his
old cafe customers for days outing
at seaside resort.
Evening star., 1932-09-30

Senior Coullant Valera, famous Span
Itsh sculptor, has dtedat Na6yA
Evening star., 1932-09-30

NOTE-Todays Even In this edition.
each stock in this edition from yesterdays paps
Evening star., 1932-09-30

SaIeS Of St0cks on NeW York EXchAnEG
1880 AM....... 100000 1900 Noon...... 100000
1880 PM. 100000 2:10 PM. 100000
Dividend tables annual
cash based the latest half
Unit trading less than 100 shares tParty tPus
AZ Paid this regular Payable
Payable h
Plus 81 special preferred
Paid last regula. Plus
Evening star., 1932-09-30

NoTE-Todays individual this edition
Sales Of each stock this edition are from yesterdays
Evening star., 1932-09-30
Cleaned in Financial District.

The Washington Loan & Trust Co.
has issued its monthly review OF eco
nomic conditions, written by Norman E.
ToWson The letter is devoted to con-
ditions abroad and takes the ground
that there has been steady improve
ment ever since the Summer economic
conferences.
Edward c. Baltz, secretary of the
Perpetual Building Association, and T.
H. WEIGH, secretary Of the Hyattsville
Building Association, have been named
members of the board of directors of
the fourth district, Home Loan Bank
System.
Mercantile Trust Co. of Baltimore de-
clared the regular quarterly dividend of
$3.50, payable September 80 to stock of
record September 80
International Business Machines Cor
poration will retire as of January l.,
1888, through the usual sinking fund
operation, $500000 par value of its
Computing Tabulating- Com
pany per cent bonds of 1941, it was
announced today.
Lucius B. Storrs, president of United
Railways g. Electric Co., stated that in
terest due October l on Maryland Elec-
trio Railway Co. first mortgage 6 per
cent bonds, amounting to approximately
S56,ooo, would be paid. The bonds were
due October /, 1881, but were extended
two years to october /, 1888, with in
terest rate increased to 6 per cent from
5 per cent.
Hearing on the receivership of United
Cigar Stores Co. of America has been
adjourned to Saturday, October 8.
Evening star., 1932-09-30

NOTE-Today's this edition.
Of each stock in this edition from Yesterdays paper
Evening star., 1932-09-30
Bank Directors Are Reelected.

!. Stockholders of the Bank of Com
merce & Savings. located at Seventh
and E streets, held their annual meet
ing in Alexandria yesterday. The bank
holds a Virginia charter. The following
directors were reelected: Maurice D.
Pocenbnrp Iosenh Sanders Irving
Smyrna times., 1932-04-20
DAVIS TRUAx TAKES A BRIDE
Married Saturday Afternoon to
Miss Helen Bush, Wilmington
Groom Formerly of Smyrna

Miss Helen E. Bush, daughter of
the late Elizabeth M and Henry
Bush of Wilmington, was married
to M. Davis Truax, son of Mrs.
Amanda J. Truax of Wilmington,
formerly of Smyrna, on Saturday
afternoon in st. Andrews P. E.
Church by the Rev. r. Ridgely
Lytle, Jr. The bride was attended
by Mrs. Joseph L. Mullin, of New
Castle, as matron of honor, and
Miss Amanda ]. Truax, sister of
the bridegroom, as maid of honor.
The bride wore gown of antique
ivory satin and lace, made on en-
press lines with short train and
veil of chiffon net in cap effect,
trimmed with orange blossoms.
She carried a bridal shower bou-
quet of Johanna Hill roses and
freesia. Mrs. Mullin, the matron
of honor, wore a gown of pink
peau DANCE lace, with hat, slippers
and gloves to match and carried
bouquet of Briar Cliff roses and
delphinium. Miss Truax, the maid
of honor, wore a gown of blue
peau DANCE lace, with hat, shoes
and gloves to match and carried
a bouquet of Briar Cliff roses and
snapdragons. The bridegroom was
attended by Mr.. George R. Nc
Dougall. The ushers were Mr..
George c. Truax, brother of the
bridegroom, and his nephews, Mr..
William ]. Hollett, Mr.. Joseph r.
Jefferson and Mr.. Willard Jones.
The wedding music was played by
Mrs. S. McGill, who gave an organ
recital preceding the ceremony and
Miss Marian Lang sang several
solos. Mr.. and Mrs. Truax, after
a reception to their many relatives
and friends in the DUPONT Bilt-
more, left on a wedding trip. Miss
Bush has been employed in the Of
flee of the Hercules Powder Com
pany, having been a member of the
Hercules Girls Club and served on
several committees. Mr.. Truax is
at present Deputy Register in
Chancery and Clerk of Orphans
Court. On their return Mr.. and
Mrs. Truax will be at their new
home, 612 West Twenty-ninth
street, Wilmington.
Smyrna times., 1932-04-20
WORK AT REEDY ISLAND
Believe That Government VIII Go
Ahead With Quarantine Station

While some concern has been
felt for appropriations made rec
emily by the government for pro-
jects slated around this section, it
is believed that the new construc-
ton work for the Reedy Island
Quarantine Station will be carried
out as planned. Estimates for this
work were opened the early part of
April at the Treasury Department
and it is not considered likely that
this job will be affected by any
cut in the appropriation. Shelly D.
Collins, Port Penn, contractor, was
the lowest of the two bidders for
this work. His bid was S12, 800.
According to specifications. the
work includes the construction Of
mud dixie walls, rip rap and hy-
draulic fill, which will entail consid-
cradle dredging.
Smyrna times., 1932-04-20
DEATH RECORD OF WEEK
Millard f. Davis, Wel-Known Will
mington Jeweler, Dies in the
Delaware Hospital

Millard Fillmore Davis, aged 73,
prominent in the jewelry business
in Wilmington for So years, died
at the Delaware Hospital about
o'clock yesterday morning. Com
plications of various kinds and a
heart condition caused his death.
He was admitted to the hospital
only few days ago. He had been
i'll for a short time at his home,
2004 Monroe Place. Starting in
the jewelry business as a young
apprentice, Mr.. Davis ended his
career as owner of the largest
building in this State devoted en-
tirely to that line of business. A
lifelong Democrat, Mr.. Davis was
candidate for the office of State
treasurer in 1910, and at one time
was nominated for governor on
that party's ticket. For 43 years,
Mr.. Davis was in business on Sec
ond Street in Wilmington. In
1908 he opened a branch store at
Tenth and Market Streets, which
was managed by his son, Elwood
Arthur Davis, one of the three
children surviving him, and who is
connected with the present estab-
lishment. Both stores were moved
to 831 Market street, the present
large building, in 1922. Mr.. Davis
was born in Lancaster county, Pa,
August 10, 1858, the son of Sam
uel j. and Eliza Davis. He was
member of the Free and Accepted
Masons, the Royal Arch Masons
and the Independent Order of Odd
Fellows. In 1881, Mr.. Davis, then
% years old, married Elizabeth
Krauss, of Cecil county, Md, who
died in October, 1912. They had
three children: Elwood Arthur,
Mildred, wife of George w. Chand-
Ter, and Madeline, wife of Freder-
ick zeisberg.
Death of Allen Rawley Jr., Leipsic
Allen Rawley, ira retired farm
er, of Leipsic, died at the Kent
Continued on Page Four)
Smyrna times., 1932-04-20
SMYRNA GOTH CENTURY CLUB
Program Friday Given by Miss
Anna Beckett and Her Class

The program at the Twentieth
Century Club, Friday, was in
charge of Miss Anna B. Beckett,
teacher in the ninth grade of
Smyrna High School. Before Miss
Beckett's program, DR.. A. c. Jost,
executive secretary of the State
Board of Health, gave an interest
ing and instructive talk on "Tu-
berculosis," in keeping with the
April campaign of the Delaware
Anti-Tuberculosis Society. Miss
Beckett's program follows: THE
Use and Abuse of the Oath of Of
fee, original, Edward Everhart;
defamation, Daddy Doc" Lydia
Jacobs; defamation, Journeys
End" original, Jane Mabrey; piano
solo, Dorothy Handloff; declama-
ton, Three Things" Nellie Wal
lace; defamation, "A Truly Moth
err" Ernestine Davis. The meeting
Friday, April %, will be Junior
Day when club members children
will be guests of the club. On
April 20, the election of officers
will take place.
Smyrna times., 1932-04-20
WELCOME ASBURY PASTOR
Rev. Essen p. Thomas and Family
Given a Rousing Reception Fri
day Evening at Asbury Church

On Friday evening in the lecture
room of Asbury M. E. Church, Rev
Essell P. Thomas, pastor of As
bury M. E. Church, and. Mrs. Thorn
as. were welcomed back for their
fourth year with a reception given
by the Mite Society. The affair
was largely attended by the con-
gregation, pastors, and many
friends of other denominations.
The room was very PRETTY decorat-
ed with patriotic colors, with a pic
ture of George Washington draped
with red, white and blue, in the
chancel and patriotic colors hang
ing on walls and from electroliers.
The whole decorative scheme show
ed taste and was declared to be one
of the best ever seen at a Pastors
Reception. For this credit is due
Miss Ethel R. Still, president of
the Epworth League, and her cab
met, who labored zealously to have
the room look inviting for the oc-
casion. The program, which was
very enjoyable and entertaining,
was arranged by Mrs. Thomas H.
Coverdale. It was as follows: Get
together song: LET Us Smile;
Piano Duet, "Cecelia," &c. Philie) i,
BY Mrs. Thomas H. Coverdale and
Miss Eva Stehley; Vocal Solo,
sweet Mystery Of Life" (Victor
Herbert), by William Watson;
Recitations, Longing for Rastus"
and "Opossum Hunt, by Dorothy
Moffitt; Famous Quintet of Duck
Creek Cross Roads, composed of
Walter w. Hynson, William Wat
son, William Hobson, Elwood An
derson, and Louis ]. Pierce, sang
two groups of numbers, (a) when
You and Were Young, Maggie"
Drifting and Dreaming" aloha
De-" (b) LET Me Call You Sweet
heart" Loves Old Sweet Song"
Sweet Adeline"; Sketch, Go
quette"; Greeting to the pastor
representing the Sunday School by
Harvey Clones; Greetings extend
ed from the Official Board by
Harry G. Johnson, and Rev. R. K.
spoke on behalf of the
congregation. A gift of a white
linen table cloth was presented to
Mrs. Thomas by Mrs. Ralph JEFF
ferson, president of Asbury Mite
Society. Rev. Mr.. Thomas re-
sponded feelingly to the warmth
and fervor of his reception and
his friends cherished the hope that
the relations between pastor and
people would be blessed by another
conference year Of good works.
Smyrna times., 1932-04-20
APRIL TERM KENT
COURT IN SESSION
Nine True Bills Found. Some
From Smyrna-Four Di-
vOrces Are Granted
DISMISS SMYRNA CASE

Kent county grand jury at the
April term of the Court of General
Sessions at Dover returned nine
true bills against offenders of the
States laws. The offenses for
which they were charged were as
follows: Lola Phillips Winchester,
larceny; Wilkins Faulkner, larc-
eny; John w. Lord, desertion and
non-support of wife and child;
George W.Adams, assault and bat
terry; Roscoe Daniels, assault; Har-
vey Evans, larceny; Joseph Gibbs,
assault and battery; Robert Viii
liams, larceny; Norman Burris, de-
sertion and non-support; German
Rose, assault and battery. The
grand jury completed its work and
was discharged for the term. Sew
eral of those against whom indict-
ments had been filed, entered pleas
of guilty and were given sentences.
They included Roscoe Daniels, as
sault on an officer at Harrington,
nine months in the New Castle
County Workhouse; George w.
Adams, assault and battery, six
months in Kent county jail. Judg-
es Rice and Harrington sitting in
the Superior Court heard divorce
cases in chambers, the following
receiving DEGREES nisi: Hettie L.
L. Smith from Stanley P. Smith,
Madeline Lank from Willard H.
Lank, Olivia B. Pullman from John
T. Pullman. The contested divorce
case of Frederick J. Brown against
June Massey Brown, of Smyrna,
which was expected to be heard,
was dismissed upon application of
counsel for Brown. Of the 81 cas-
es scheduled on the civil list, II
were marked for trial. Five of
these cases are damage suits in
connection with the death of Mrs.
Robert ]. Ferguson and the serious
injuries to her husband, r. j. Fer
guson and Rev. and Mrs. S. B.
Hiley, all of Dover, in an automo-
bile accident in New Castle county
last October. At a special session
of the Supreme Court Monday
morning, which every member OF
the State judiciary with the excep-
tion of Judge Richard S. Rodney,
attended, six young lawyers were
admitted to practice. They were
Alexander L. Nichols, Evan d.
Steele, Harold B. Howard, Abra-
ham Hoffman and August S. Walz,
all of Wilmington, and Ralph s.
Barker, of Georgetown. Chief JUS
tice Pennewill made short ad-
dress to thes class of candidates.
They were given the oath by Chan
cellor Josiah o. Wolcott.
Smyrna times., 1932-04-20
BADLY INJURED IN
AN AUTO MISHAP
Lester Harris, Dover, Believ.
ed to Have Fallen Asleep
at Wheel Near Odessa
PINNED UNDER MACHINE

Lester Harris, 35, of Dover, was
seriously injured at G.30 a. M,
Monday, when the automobile he
was driving ran off the dual du-
Pont Highway,near Miller's Bridge
south of Odessa, and crashed into
tree. Harris suffered a fracture
Of the left leg, cuts and bruises
over the face and hands and a pos
slpie fracture of the skull. His
automobile was demolished. 1t is
believed that Harris, who works at
the Sesqui Inn, and also in Ches-
Ter Pa, either fell asleep or faint
ed while driving south on the high
way. Privates German, r. Car
penter and Hession, State Police,
investigated the accident. Harris
was removed to the Kent General
Hospital, Dover. When found Har-
ris was pinned in the automobile,
ms leg having been penetrated by
one OF the controls. Harry White
may, Joseph Kumple, Horace Sim
mins and E. G. Deputy, residents
OF the vicinity, assisted in extricat-
ing Harris from the wreckage of
the automobile and carried him in
an auto to Ennis Garage, Odessa.
IN the meantime the Smyrna am
oulance had been summoned and he
was removed to the Dover Hos
pital.
Smyrna times., 1932-04-20
PETITIONS URGE
OCEAN HIGHWAY
Road From Bethany Beach to
RehObOth to Connect With
Ocean City, Md.
MANY SIGN PETITION

At the recent meeting of the
State Highway Commission petit
tions containing several hundred
signatures of citizens of Delaware
in favor of this much discussed
ocean boulevard were presented by
Joseph F. MacSweeney, chairman
of the public affairs committee in
Rehoboth, representing the COM
bined interests of Delaware's two
popular resort areas in particular
and the peninsula in general. Prac-
tically every town in Delaware was
represented in the petitions, four
in number, by citizens interested in
this movement. The prospect of
an ocean boulevard from Rehoboth,
running along the coast between
the Atlantic Ocean and Rehoboth
Bay, for a distance of 10 or 12
miles, to Bethany Beach excites in
the mind of Delawareans a pleas
ing prospect. Start of this move
ment would be the forerunner of
an eventual construction or exten-
sion of this ocean boulevard from
Lewes to Chincoteague Island, as
has ben original planned. Frank
V. DUPONT, chairman of the High
way Board, after looking over the
route of the proposed road on the
map, and the other board
members then assured Mr.. Nc
that the matter would be
duly considered by the Board.
Smyrna times., 1932-04-20
ORCHARD SPRAYS
TO BETTER FRUIT
X. E. Wilson Sends InfOrma-
tiOn to Fruit Growers of
Kent, of Importance
CROP OUTLOOK is GOOD

Timely suggestions and recon-
mendations in regard to the spray
ing of apple and peach trees, and
information concerning the pre-
valence of insects and diseases af-
fecting these fruit trees in this
area at this season of the year
were included in the fourth edition
of the 1882 orchard spray notes, as
prepared by DR.. j. F. Adams, plant
pathologist of the University of
Delaware and the State Board of
Agriculture, and mailed on Mon
day of this week from the office of
County Agent Russell E. Wilson
to all the fruit growers in Kent
county. Referring to the general
weather conditions DIR. Adams
states that the typical March
Continued on Page Five)