davidaulloa/AmericanStories huggingface dataset:
Evening star., 1935-03-24
COURT RECEIVES
L0NG-BE[L PLAN
Objections Due by April 80.
Kansas City Hearing
Ordered May IS.

BY the Associated Press.
KANSAS CITY. March 23.-The
reorganization plan of the Long Bell
Lumber Co. was placed officially before
Federal Judge Merrill E. Otis today
and a court hearing May Is was
ordered
Objections to the plan, which would
place board of control of five in
charge, must be filed by April 80
Judge Otis ruled.
First mortgage bondholders, who
become preferred stockholders, would
have three nominees on the board
creditor banks one and present CON-
mon stockholders one.
Court Approval Needed.
Acceptance of the reorganization
plan hinges upon court approval and
upon sanction by two-thirds of each
major creditor group.
The creditor banks have given their
approval. and the plan itself was pre-
sented by a Bondholders' Committee
as representing most of the bond
holders.
In event the plan is approved, the
bondholders will receive preferred
stock of equal par value for theil
bonds, and the par equivalent in new
common stock for defaulted interest
Only the Long-Bell Lumber Co. ano
the Long-Bell Lumber Sales Co. are
included in the plan. The Long Bel
Lumber Corp. the Maryland corpora
ton that is listed on the New York
Stock Exchange, is not included.
Debts Would Be Erased.
Millions of dollars in contracturaI
obligations. including timber purchase
debt. would be erased through can.
collation. and compromise.
The current bank debt. slightly less
than $4,500.000 would be converted
into installment. unsecured, notes pay
able in from to 10 years.
The company would emerge as q
$46 900 900 corporation. freed of heavy
debt obligations and possessed of Suf-
ficient working capital for large scale
operations. the reorganization group
said,
Evening star., 1935-03-24
Price and Cost Adjustments
With Less Uncertainty
Declared Needs.
BY FREDERICK GARDNER,
Associated Press Financial Writer

A lag in heavy industries which are
dependent upon a flow of capital into
investment channels continues to
characterize the latest business sound
ings made by Government statis-
ticians.
For months officials have been
scanning the industrial horizon hope
fully for signs of a definite revival
in demand for durable goods.
1t has been emphasized in New
Deal quarters that no lasting solution
of the unemployment problem could
be expected until the heavy sectors of
industry began to absorb more
workers.
Industries supplying goods for i'm
mediate consumption, it was pointed
out, had recovered about as much
as could be counted upon in the
absence of revival in durable goods
industries.
Charles G. Dawes, the Chicago
banker, and Henry L Hartman. head
of the Chamber of Commerce of the
United States. have predicted an up
turn in heavy industries in the second
half of 1885.
Readjustment Urged.
But their sentiment has not filtered
down generally through the ranks OF
business, Judging by comments from
business men in Washington to tes-
tify on pending legislation.
AS some of them see it. there
must be further readjustment OF
prices and costs and clearing of un-
certainties, particularly over proposed
legislation, before a flow of private
capital to revivify heavy industry can
be expected.
Meanwhile. they concede, some
stimulus may be applied through the
81, $50, 900, 900 works-relief program.
But for the moment. as some busi-
ness executives pictured it, obstacles
block private spending in three fields
which in the past have been main
stays of durable goods producers. They
are construction, railroads and public
utility industries.
Building Costs Cited.
Efforts by Federal agencies to pro-
mote building recovery have encoun-
tered disparity between construction
costs and rental incomes, as shown
in charts compiled by Government
statisticians.
Railroads are struggling with rising
operating costs, reorganization prob
lens and low level of traffic which
has forestalled need of new equipment.
The bitterest complaints have been
made by public utility executives op-
posing the proposed Wheeler Rayburn
bill for ultimate abolition of such
holding units as cannot justify their
existence to the Governments satis-
faction. Utility men said no new in
vestment would flow into the power
field while big holding combines were
in the death house and legislation
threatened extensive liquidation OF
properties.
Evening star., 1935-03-24
Canada to Press Trade Pact,
Same Duties on u. S. Goods

products were announced in the
budget. There were rs other changes,
of which 48 were downward, up
ward, and "a where meanings were
clarified.
Rhodes reported surplus of ordi-
nary revenues over ordinary expendi-
tudes of $2,700,000, but extraordinary
and capital expenditures turned the
favorable balance into a net deficit
of $69, 100000. 1t was the first sur
plus on ordinary account since 1880.
A feature important to Canadians
was surtax ranging from 2 to 10
per cent on investment incomes in
excess of $4,000 and on all incomes
over $4,000.
Rhodes also announced varying
taxes on gifts and the reduction of
excise duties on spirituous liquors from
81 to 81 q gallon.
(copyrisht. 1850
Evening star., 1935-03-24
BOSTON WOOL VOLUME
FAIRLY GOOD IN WEEK

Special Dispatch to The Star.
BOSTON. March % Omitted States
Department of Agricultural The
movement of wool in the Boston mar
ket was fairly good during the last
week. Strictly combing Ohio and SIM
liar fleeces had a demand, with prices
firm on fine or Gas and finer at 1921
cents in the grease. on 58s. Cos, Il
blood at 27-271a cents, about steady
on Sos. 9s blood at 26-2612 cents and
fairly firm on 48S, SOS, 4 blood at
231A-24. Bulk average to good French
combing Gas and finer territory woods
and average 12 months Texas wool
had good call at 60-63 cents secured
basis. Average combing 48s. SOS. 4
blood semi-bright and the heavier
bright fieeces moved in fairly large
volume at 4l-42 cents secured basis.
Evening star., 1935-03-24
81, 600, 600 Flower ShO,u Dra,Us
Record Crowds at New York

Of out-of-town visitors. amateur gar
deners, exhibits and exhibitors, and
owners and gardeners of big estates
along the Atlantic seaboard.
The picturesque South, with its
wealth of flowers and plants. was Sc
lected as the main feature of the show.
Twenty-nine Southern garden clubs
contributed distinctive displays and
settings.
Numerous officials of coming flower
shows attended this exhibition. Flower
shows will be held within the next
few weeks in Boston, Philadelphia,
Omaha. st. Louis, Detroit and Chi
cago. with others scheduled later in
April.
Copyright. 1850
Evening star., 1935-03-24
GASOLINE PRICES IMPROVE.

NEW YORK, March % (P.-Im-
provement in the wholesale gasoline
market price structure is mainly at
tributed to the more favorable Statis-
tical position of the commodity,
condition which has invited freer buy
ing by some of the major purchasers
and iobbers,
Evening star., 1935-03-24
LEAD STOCKS LOWER
AT END OF FEBRUARY
BY the Associated Press.

BY the Associated Press.
NEW YORK, March 23.-Stocks oi
lead in the United States at the enc
of February were 1885, ,799 short tons
against 231 1928 at the end of jan
uary and 216,224 at the end of Feb
ruary, 1884, says the American Bu-
reau of Metal Statistics.
Lead production in February came
to 1888 tons, against 30,l40 in jan
uary and 34,349 in February, 1884.
Shipments in February totaled 32,-
5l8 tons, against 1886 in January
and 25,778 in February, 1884.
Evening star., 1935-03-24
Special Dispatch to The Star.

Special Dispatch to The Star.
n YEW YORK, March 23.-The
four acres of beauty and fra
GRANGE, formed by millions OF
L blossoms and buds, grass
rocks, shrubs and Towering
trees, that made up the twenty-sec-
ond annual international flower show
here will close their displays tonight,
with many records broken.
The displays, worth more than ST.
100000, attracted upward of 100000
visitors this week. The visitors came
from many parts of the country, espe-
cially from adjacent and Southern
States.
The show attracted record numbers
Evening star., 1935-03-24
1884 Taxes Absorb
Sixty Per Cent of
Western Union Net
By the Associated Press.

BY the Associated Press.
NEW YORK, March 23-Taxes in
1884 absorbed about so per cent of
the Western Union Telegraph Co. S
net earnings and represented an
amount equal to 1925 for every share
of capital stock outstanding, said the
company's 1884 pamphlet report.
The net income for the year, as pre-
viously announced, was S2243, 900,
equivalent to S2l4 a share of stock.
against s4,365 900 or SALT a share in
the previous year.
Gross operating revenues amounted
to S87, $780, 900, an increase of S4,922,-
0CO over 1898.
Evening star., 1935-03-24
PROSPECTS FAVORABLE
FOR DAIRY PRODUCTS
BY the Associated Pres

NEW YORK, March 23.-Because
of better balance of production and
consumption the dairy products in
dustry has prospects for more profit
able returns in 1885, says Dun &
Bradstreet.
The survey observes that while the
rising trend of prices will be checked
to some extent during the early Sum-
mer, profits for all branches of the
industry during the current year are
expected to be the most satisfactory
since 1929"
Evening star., 1935-03-24
Cotton and FIather Head En-.
tertainment and Pub.
Iicity Groups.
HARDWARE is LEADER
IN WHOLESALE TRADE
February Collections Good in
This Territory-Prices Strong
on Washington Exchange.
BY EDWARD c. STONE.

Frederick P H Siddons. president
of the District Bankers Association,
yesterday announced the appointment
of Barnum L. Cotton, real estate Of
ficer of the National Savings & Trust
Co, as chairman of the Entertainment
Committee for the 1885 convention
of the association.
Other members include Frank Nj.
Perley. trust investment officer, Amer
scan Security & Trust Co., vice chair
Evening star., 1935-03-24
Special Dispatch to The Star


~ TTAWA, Canada, March 23.-
Negotiations for a trade
treaty with the United States
~ will be actively prosecuted
by the Canadian government.
Finance Minister Edgar N. Rhodes
made that announcement upon pre-
senting his fourth and last budget
before the general election in the
House of Commons last night.
Every possible step*will be taken
with the object in mind of effecting a
satisfactory trade agreement" he
said, having in mind its aim for the
lowering of trade barriers with con-
sequent increased flow of trade result
ing in mutual advantage"
In view of negotiations already un-
der way with washington, virtually no
changes in duties against American
Evening star., 1935-03-24
HUDSON REPORTS GAINS.

NEW YORK, March % R.-The
Hudson Motor Car Co. spent $35, ,000,-
600 for materials and supplies of all
kinds in 1884, while pay rolls aggre-
gated s13 500, 900. This compared with
material costs of SIG, ,165,000 and pay
rolls of s7,707,000 in 1882, the low
year Of the depression.
Evening star., 1935-03-24
APPAREL IN DEMAND.

NEW YORK, March % (B.-
Activity broadened in the women's
apparel division of the wholesale mar.
ket last week, as retailers hastened
their preparations for Spring sales
campaigns.
Evening star., 1935-03-24

dSSlSldllI ScCIcIdI
Security & Trust
Co, as chairman
Of the Publicity
Committee of the
convention. I. j.
Roberts, assistant
cashier of Riggs
National Bank.
h a S b e e n a p
poin e d vic e
chairman. a n d
he following,
committee mem
bers:
Eliot H. Thom-
son, pu b lici t y
manager. WASH
Evening star., 1935-03-24

man; David Bor-
net, vice presi-
d e t, National
Savings & Trust
CO.; Jos h u a
Evans, jr., vice
president, Hamil-
ton N a t i on a
Bank: C.. H. Pope,
vice president and
treasurer, MunSey
Trust Co.; w. w,
Spaid, S e n j o r
partner, w. B.
HibbS & Co, and
Horace F. Stokes,
assistant cashier,
National Metro
Evening star., 1935-03-24
OIL EARNINGS IMPROVE.

NEW YORK, March % (P.-
Standard Oil Co. of Kentucky reports
net profit for 1884 of $9,596,516.
equivalent to 90 cents a share on the
capital stock, against S2,458,045 or
"a cents a share in 1888.
Evening star., 1935-03-24
Cotton Cloth Sales to U. S.
in January Near Total
for All of 1884.
AMERICAN MILLS SHOW
LOSSES SINCE AUGUST
Higher Duty to Shut Out Products
of Cheap Labor Likely to End
Raw Cotton Purchases.
BY FRED G. WILLIAMS,

oO'NOAA
NEW ORLEANS, March 23.-The
perpendicular increase in imports of
cotton cloth from Japan to this coun-
try is arousing deep concern in the
trade, officials of leading spot and
future houses said today
Figures recently quoted by Senator
Walsh, Democrat, of Massachusetts,
before Senate committee in WASH
ington show that in January this year
total of 100000 yards of finished
cotton goods was sold to American
customers. This compared with a
total for the entire year of 1884 of
100000 yards, and 100000 yards
in 1898.
At the same time the great pro-
ducing centerS of New England and
the Carolinas are finding it difficult
to operate. and. according to the presi-
dent of the Cotton Textile Institute.
have been running in the red" since
last August.
Commenting on one of the remedies
offered, the removal of the present
processing tax that adds about cents
pound to the price of cotton. Nor
man Mayer of Norman Mayer &
Co. said:
THE removal of the processing tax,
while it may not be entirely the rea-
son for the present mill curtailment,
would aid tremendously in stimulating
recovery by our consumers of raw
cotton"
Dilemma Is Faced.
Advices received here from Wash
ington have indicated that mill own
ers have been strenuously advocating
this step, but President Roosevelt said
he knew of no other plan of paying
bonuses to farmers than through the
medium of the processing tax.
An executive of one of the leading
spot houses also advocated some
changes in the present tax on manu-
factured goods, but also stressed the
lower labor costs in Japan as one of
the main reasons why they are able to
undersell American mills in the mar
kets Of this country.
In the season of l933-34 Japan pur-
chased 1850 bales of American
cotton. leading the world in foreign
consumption of the American fiber
This represented more than one-fourth
of domestic exports of 7.729,0O0 bales
for that year.
Cotton authorities believe that 1t
would logically follow if the import
duty on cotton goods is advanced.
Japan would purchase her raw cotton
in other world markets. and the pres
ent tense situation would only be in
creased
Points to Cheap Labor.
The head of one of the leading cot
ton mills of the South said:
The present imports of Japanese
goods to this country is one of the most
serious factors confronting the indus
try today. While some progress is
reported from Washington in relieving
this problem. We still have a long way
to CO."
The abrogation of the processing
tax, while it might help, was not cited
as -the main reason for the foreign
competition by this executive.
Undoubtedly the low labor cost in
Japan, compared not only with this
country. but with the rest of the
world" he said, 'fs the prime reason
why they are able to undersell all
other countries in the world markets"
Evening star., 1935-03-24

politan Bank.
President Siddons also announced
the appointment of Robert L. F1ather,
assistant secretary of the American
Evening star., 1935-03-24

Continued on Page 4, Column L.
Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1935-11-14
Wildcat Schedule
CONTINUED from page one)

for the fifth position on an all-senior
team at present. However some of
the juniors and sophomores will I'M
doubtedly make strong bids for the
first string before the holidays roll
along.
The first game of the season will
be played at Westby Friday, Nov.
Is. Ten men will make tho trip. The
Westby team is expected to furnish
plenty OF opposition for the locals as
they have most of their last years
surprise team left. Or Saturday the
Wildcats journey to Dooley. Not un-
til November 81 does the team appear
at home when they play Westby and
Whitehall in a double header.
The starting lineup for the the
Westby game will probably be: Kohl
man and Helgeson at forward. Koike
at center. Zeidler and Robinson or
Lund at guard. Others who will pro-
badly make the trip are: Christian
son. Dionne, Gustafson, Kjelstrup and
Newton.
Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1935-11-14

FOR SALE or TRADE-Purebred
White Holland turkeys. Clarence
Christensen, Westby. r. l 11-1tp
Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1935-11-14
OLIVE PASKE
MAKES GOOD AT KBU

Olive Paske, a graduate of the
rientywood High School, has accept
ed a splendid office position with
the Sears-Roebuck Company Of Spo-
kane. The Kinman Business Univer-
sity and its active employment de-
partment can help you secure a posi-
ton in the business world.
New classes start Monday. Now is
the time to get a start while business
Is on the upgrade. Investigate what
KBU car do for you. Remember,
KBU is the school which refunds all
tuition paid during the first month If
you are not entirely satisfied.
Write for a free copy of the inter-
esting booklet entitled planning
Your Future" The address is, Kin
man Business University, S. ITO
Howard Street, Spokane. adv.
Herald Want Ads Get Results.
Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1935-11-14

E. c. Johnson, of Medicine Lake
was a business caller in the city
Monday.
Lynne Peters Of Scobey was here
Saturday.
Mrs. Joe NORM, OF Redstone was a
shopper in the city Saturday.
Attorney Grant Blackwell was a
legal business caller in Wolf Point
Tuesday.
Fred Radons was here from Out
look Saturday.
Chris Johansen, of Antelope was
here Tuesday.
Sigvart Johansen. Of Reserve, was
here Wednesday.
Andrew vogt, of Comertown was a
business caller in the city Tuesday.
Judge S. E. Paul and court report
er Koser spent the first of the week
in Scobey and Wolf Point ON regular
law and motion day matters.
Mr.. and Mrs. A. ]. Thunem were
in Billings the first of the week. MI.
Thunem went there on business in
connection with the Standard OIL
company. They returned Wednesday.
Chris Anderson of Westby was an
overnight guest in the city Monday.
p. C. Ronnie and Andrew Abbot,
farmers of the Wolf Creek commun-
ity were among those from that
part of Sheridan county here Mon
day.
C. B. Astrup was here from Gre
nora, n. OAK, Tuesday on business.
Mrs. Jack Bennett and family have
returned from st. Paul. They arrived
the first Of the week.
A marriage license was issued to
Tom Sharett of Medicine Lake and
Fanny Buckles of Poular from the
office of Carl B. Peterson, clerk OF
court Saturday.
Mrs. Guy Wigmore of Redstone
was winner of first award in the
drawing at Peterson company last
Saturday night. Ralph Lund of Plen-
tywood was the second winner in the
drawing which is held each week.
VIM. Powers, former Bainville resi-
dent now of Spokane, Wash, and L.
Thompson, of Glasgow were here on
Friday on business. Both men are
connected with the Federal Land
bank.
Alden Johnson arrived Tuesday
evening from Billings for an over
night visit with his mother and
friends here. He left Wednesday for
Chinook where the firm Of Wood
ward and Johnson, road contractors
of which Alden is a member, has a
road construction contract.
A collision occurred on upper Main
street Wednesday night which re-
suited in damage to a new Nash Sc
dan driven by Luther Hultgren OF
Westby and a Chevrolet coach driv-
en- by C. M. Westerly of near Plenty
wood. The Vesterby car was coming
on to Main Street and the Hultgren
car was going down Main street. The
front and fender of the lev Nash
was quite badly damaged,
Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1935-11-14
T0wnTopiCS

There are desirable Holiday gifts
at the Johnson's Store close out sale.
s. C. Faaborg of Medicine Lake
was in the city Tuesday.
IT. C. Stageberg and Roy ~Stageberg
of Westby were here Monday and
Tuesday.
They're back The Tempo Kings
popular orchestra which will be
heard at the Blue Moon Tavern
Saturday night. adv
Martin Griffin and Frank Wagner
of Daieview were business callers
here Saturday.
]. o. Brensdal of near Antelope
was a Plentywood business caller
the first of the week.
Amos Magneson of P~lentywood is
a medical patient at the hospital
here. He was admitted Monday.
Big Values? You'll say So Every
thing Goes All Bargains. at the
Johnson's Store close out sale.
Viggo Johansen, prominent farmer
of the Antelope country spent Satur-
day in the city on business matters.
''Believe-it-or-not" Ripley, from Out
look was here on business matters
and chatting with friends Saturday.
H. Slower of Bonetrail. N. Oak,
was in the city last week end. Mr..
Slower was here to make application
for final citizenship.
Mrs. B. Marsh of Plentywood is a
medical patient at the Sheridan
Memorial hospital. She was admitted
last Wednesday.
Mrs. Christ Anderson of Westby
underwent a major operation at the
Sheridan Memorial hospital Tuesday
morning. Her condition is s~atisfac-
tory.
Howard Hoagland of Redstone is
a pneumonia patient at the Sheridan
Memorial hospital. He was brought
here Tuesday for treatment.
Mrs. Forrest Goodman VA hostess
to her club Wednesday afternoon. A
luncheon and bridge at two tables
was the afternoons diversion.
Mildred Hanisch, Mable Swanson
and Lloyd Phillips, members of the
school faculty at Hinsdale, spent
Sunday at the VIM. Hanisch home.
THE Tempo Kings are playing
at the Blue Moon Saturday night adv
R. G. Tyler of Homestead, who for
the past month has been at Bozeanan
as a member of the state wheat
board was here over the week end.
Mr.. Tyler has returned to Bozeman,
where he will be for several months.
Martin Bagley and c. F. Moore
left early Wednesday morning for
the western part of Montana where
they plan TO try their luck at big
game hunting.
Ellsworth Jones, of Plentywood,
son Of Mr.. and Mrs. Hugh Jones was
able to leave the Sheridan Memorial
hospital Tuesday after having been
a patient there for some time. He
suffered a fractured leg some time
ago.
Mr.. and Mrs. Curtis Stenehjem
were here from Medicine Lake Satur-
day. They left this week for Minot,
N. Oak, where they will make their
home for the time being.
Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1935-11-14
Democratic Women Will
Meet at Faaborg Home

The Sheridan county Democratic
women's club will meet Saturday, on
Nov. % at Medicine Lake at the
hcme- of Mrs. s. c. Faaborg it has
been announced by Eienora Hoven,
state committeewomen.
The meeting will be held at $50 p.
M. Members and friends. regardless
of political beliefs are invited to at
tend.
Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1935-11-14
Rev. and Mrs. Schmidt
Arrive From Dillon

Rev. and Mrs. 0. A. Schmidt of Dill
Ion arrived Tuesday. They were
met at Culbertson by c. q. Christian
sen who brought them here by car.
Installation services will be held
at the Lutheran church here at 10: 80
p. m. Sunday and at Outlook at 3 p.
m. and Antelope at 5 p. m.
Rev. "A. M. Skindlov of Spokane
will be here.
Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1935-11-14
GUIDE To-
ADVERTISERS
In This Issue of THE HERALD

In his lSSue OF ihE hEnfNGD
The Blue Moon
AIS Dray Line
DR.. Bolton
City Dray Line
Continental Oil Co.
County Treasurer
A. C. Erickson, lawyer
Ford Motor Company
Foreman's Market
Great Northern Railway
Vernon Hoven, lawyer
Home Grocery
Ingwalson Company
International Imp. Co.
Johnson THE Abstract Man
Johnson's Store
Kinman Business College
Liggett and Meyers Tobacco Co.
A. J. LANCER, Insurance
Howard M. Lewis, lawyer
Mountain States Telephone Co.
NV Associates Store
Miller's Pharmacy
Orpheum Theatre
P~lentywood Motor Sales company.
Peterson Company
J. C. Penney Company
Rawleighs
DR.. w. D. Roy, dentist
Standard Oil Co.
Standard Service Station
Soremfs
DR.. L. L. Woodwork
Westland Oil Company
Zeidler's Hardware
Mrs. p. Reiten
Joe Rick
0. f. Wang
Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1935-11-14

Plans were announced at Wash
inpton for another natIonw d c
birthday ball for the PRESIDENT
proceeds to 90 into the battle
against InfantiIe paralysis.
Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1935-11-14

FOR SALE at a Bargin; One No
del II. Ford Coupe and One Chevro-
let Truck, see International lmple-
ment Co.
Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1935-11-14

STRAYED-From my place, l all red
yearling heifer. no horns. II seen
please notify Edward Strand, Re-
serve, Montana. 2tp
Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1935-11-14

Herald Want Ads Get Results.