davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat., 1936-02-24
BY ELMER c. WALZER 'TJmltNd Press Financial Editor.

New York, Feb. 24.--(UP)-Trad- ing on the stock market today was the lightest in Q month. Prices moved irregularly lower.
 I,osscs, however, were not large in any section and no particular pressure was exerted against any stck or group. Individual declines ranged to around there points but the declines in the main list were from fractions to slightly more than c point.
 The recognized leaders such as U. s. Steel, Chrysler, American Tele- phone, New York Central and Con- solidated Qas were quiet Several of the low priced shares were relatively active with Packard Motors leading In volume of turnover.
 A feature in the afternoon dealing was Q rise in railroad equipment is- sues. New highs for the year were made by Westinghouse Air Brake, American Locomotive, American Car and Foundry and the Baldwin issues. Gains ranged to three points in the group. Demand was based on inc proved condition of the railroads which now are ordering equipment.
 Railroad shares, howevre, did not move with the equipments. At one time they were down fractions to 2 points. Union Pacific at It's low was at i32, of 3-4. Atchison touched 76 6-0, off more than Q point be- fore meeting support. Southern Pacific lost more than Q point and later regained part of the decline. Volume frightened in the carriers on the selling and they steadied before the close.
 Sugar shares stood out against the trend with new highs in American Crysta land Cuban American.
 The automobile group generally was lower. Chrysler ct one time touched 06 7-e, of 1 5-8. It recovered part of the loss. General Motors and Nash recorded small declines while Auburn and Rec were steady around the previous close.
 A few issues made new lows for the year. U. s. Smelling, one of
The Waterbury Democrat., 1936-02-24
FORMER BARBARA
 HUTTON, MOTHER

London, Feb. 24--(UP) -Countes Von Haugwitz-Reventlow, the for- mer Barbara Hutton, heiress to the Wcolworth millions, gave birth to- day to healthy. i-2 pound boy. Her residence was closely guarded against intrusion, but the joyful face of her father, Franklyn L. Hutton, showed plainly that both mother and child were In excellent condi- ton. Hutton emerged from the house beaming and dashed to his hotel, where he sent batch of ca. blegrams to relatives and friends, saying that the baby is beautiful" and that both he and Barbara are doing well.
 The countess. granddaughter of the late Frank W. ~Woolworth, founder of the five-and-ten stores, was reputed few years ago to be worth $40,000,000. However, 1t was learned that she had spent about third of that on benefactions and gifts to friends. She settled $l,000,000. 1t was understood, on the late Prince Alexis Mdivani, her first husband, who was killed in an au- tomobile accident in Spain.
 The baby was born at 7:30 a. n. The countess mother and father were with her.
The Waterbury Democrat., 1936-02-24
INSURANCE STOCKS
 REACH NEW LOW

New York, Feb. 24 Insurance stocks in the New York City market closed the past week at . new low for the year. The aggregate value of 20 leading fire and casualty in- surance issues on February 2l amounted to seel, ,7ee,oo dsse low), compared with $72o, o,s65, ,0o0 at the close of the previous week, Q de- crease of S29,0ee,000, or 4.04 per cent. The current average yield of the 20 issues of 800 per cent. com- pares with Q yield of 2.e8 per cent. on February i4. The current mar ket value equals iAo times the currant liquidating value, compar- cd with i.b6 times ct the close of the previous week. Combined ear- nings from underwriting and net in. vestment income equal 6.20 per cent. of market value. compared with 6e6 per cent. on February IA. Quoted prices for the 20 issues now average l6.i times their combined earnings against i0.a times Q week ago.
The Waterbury Democrat., 1936-02-24
HACOOD IS FIRED
 FROM SERVICE

Washington. Feb. 24-(UP)-Sum- mary dismissal today of Maj. Gen. Johnson Hagood from command of the eighth corps area by order of President Roosevelt evoked congress sional protest as part of a contro- versy over references by Hagood to relief funds as stage money"
 Hagood received peremptory or ders issued in the name of the presi- dent, relieving him of his command in charge of the corps area and or- dering him to his home to await further orders"
 The order was believed to be al- most unprecedented in recent army history. Although war department officials declined to comment on the situation, there appeared no doubt in official circles that the drastic command resulted directly from Hagood's caustic comments before a house appropriations subcommittee.
The Waterbury Democrat., 1936-02-24
FORMER ANGEL OF
 BROADWAY FEARS

Los Angeles. Feb. 24.-tUP)- Rheba Crawford Splivalo. assistant to evangelist Aimee Semple Mo- Pherson at Angelus Temple, was guarded by police today following her report that she had received underworld threats"
 The onetime New York Salvation Army lass who was known to Man. hattan as the Angel of Broadway" had a secret conference with Chief of Detectives Joseph Taylor after receiving a. frantic" telephone warning Thursday.
 There is someone coming to your house to kill you" Mrs. Splivalo said she was warned. Please get out of your house"
 Mrs. 6plivalo, former director of the state welfare department, said she had incurred the enmity of underworld groups" because of her attacks on vice in Los Angeles.
The Waterbury Democrat., 1936-02-24

in detail his charge that the farm mortgage bill was wilfully lost in O'Connor's committee. M
 "The honorable gentlhmans words," !" Coughlin said, "are these: I have never made any effort to induce any member of the House of Repre- sentatives to withdraw his name from . petition seeking Q vote on this measure. "Here is the answer, which I shall read to you from Q telegram addressed to me by one of MT. O'Connor's colleagues: TT was persuaded to remove my name from the Frazier -Lenike petition by Congressman John J. 0'Connor, chairman oS the rules committee.
 He said was embarrassing the president by supporting this peti- tion'." The telegram was from Con- gresSEnan Theodore L. MortiE, d., Pc.
 He followed the frontal attack with . gently sarcastic flank sally varying remarkably from his usual thunder of oratory. Are you SpOE UhtUuBNp 1kU JVu fAAsVAt can enough" he asked, Ito permit the representatives of my servant girls, my lahorers and my farmers to meet your talent in open debate on the. floor of Congress and to kill or make live the Fraxier.Lemke bill, which Is the only bill that con save the homes of 32.000,0o0 peopleW T think you are, John."
 He answered O'Connor's tele. graphed charge that you Q dis. grace to my church" by referring him to pApal encycicals and pro- nouncements of Bishop Michael J. Gallagher of Detroit for his justi- flcation in speaking on political sub. jects. My dear John, is 1t politics to plead for the poorp" He asked.
 "You boast of being Q Catholic, John, get down on your knees and beg God to make you Q good one one who Is able to given . reason for the faith that iS In him: one who Is willing to follow the great commandment, to love your neigh. Dor aS yourself"
The Waterbury Democrat., 1936-02-24
RELIGIONS ARE
 ASKED TO UNITE
President Spoke of Com. mon Cause for Faiths to
 Fight IrreligiOn

Hyde Park, N. r, Feb. 24-(uP)- Observers believed today that Press ident Roosevelt had in mind anti. religion programs In Germany, Rus. sia, and Mexico last night when he made c stirring appeal that religions "clasp hands and make common cause" against the forces of unbe- lief, Mir, Roosevelt suggested the creation of Q society Of good neigh hors" in every community aS G means of reaching this objective. He set forth his views in brief ra. dio address from his home here to mark the brotherhood day of the national conference of Jews and Christians.
 Must stand Together
 This is no time to make capital out of religious disagreement, how. ever honest" he said. "rt is Q time, rather. to make capital out of rec llRlous understanding. We who have faith cannot afford to fall out among ourselves. The very state of the world Is summons to use to stand together. For, as sec it the chief religious Issue is not between our various beliefs. It is between belief and unbelief. It is not your specific faith or mine that Is being called into question-but oil faith. Religion in wide areas of the earth is being confronted with irrollgion; our faiths are being challenged. It is because of that threat that you and I must reach across the lines between our creeds, clasp hands, and make common cause"
 Spirit Of Religion
 No greater thing could come to our land today than Q revival of the spirit of religion--a revival that would sweep through the homes of tho nation and stire the hearts of men and women of oil faiths to q reasscrtion Of their belief in God and their dedication to his will for themselves and for their world, I doubt if there iS any problem--so. cial. political or economic-that would not melt away before the ire of such c spiritual awakening.
The Waterbury Democrat., 1936-02-24
Prices MoUed LolDer,
 Losses Not VeryLarge
No Particular Pressure Was Placed on Any Special Issue New Highs for Year Made By Several Shares

these, touched s5 off 3 points. It later recovered part of the loss. American Can made a new low at il6 3-4 and then came back to the previous close. Lorillard made low at 22 1.2 of IA and regained 1t.
 Steel issues were depressed along wit hthe main list but they recov- cred from the lows. Bethlehem pre- ferre dran up more than a point on few sales. Steel operations this week were placed at 62.9 per cent of capacity by the American Iron and Steel Institute. That was Q gain of l.2 points over the previous week and the best rate since December le. However, the steel division had against 1t Q tendency to cut prices which more than offset the good in- fiuence that otherwise would have resulted from the improved rate.
The Waterbury Democrat., 1936-02-24
COMSTOCK HAS
 DROPPED OUT

Detroit, Feb. 24--tUP)--Tormer Governor William A. Comstock charging that President Roosevelt and Postmaster General Farley have broken their political promises to the democratic state organization, today announced his defection from the ranks of the regular" democrats in the 1886 campaign.
 In .a statement the former gov- ernor and leader of the "old line" democrats of Michigan charged the administration had preferred to take the advice Of republican Senator James Cou2ens, Father Charles r. Coughlin, and the state democratic rule or ruin" congressional delega- ton to that Of the state organiza- ton,
The Waterbury Democrat., 1936-02-24
NEW YORK BANK
 STOCKS OFF I.469e

New York, Feb. 24- New York City bank stocks touched . new 1938 low during the closing day of the past week. The aggregate mar ket value of l6 leading issues dur ing the day of February 2l declined to $i,7l3,l43,000, the new low, but rallied later to close ct $i,722, ,30l,- 900, which compares with $i,747, ,863,- 900 at the closed of the previous week, net decline 10 rthe week of $25, ,472, ,000, or l.46 per cent. The current average yield of the sixteen issues of 3.75 per cent. compares with Q yield Q 3.69 per cent. on February l4. The current market value is now 1.36 times the known book value against l.38 times at the close of the previous week. Based upon current figures the six teen isues are now quoted at an average of l7.3 times their known earnings, against l7.6 times on Feb. ruary l4.
The Waterbury Democrat., 1936-02-24
Market Trading To-day Was Lghtest in One Month
Reu. Charles E. Coughlin AnsUers John y OConnor

Detroit, Feb. 24--(UP)-The Rev, Charles F. Coughlin gave the lie direct last night to Congressman John J. O'Connor, New York demo- crat who threatened in the House of Representatives last Monday to kick him from tho capital to the White Houe." He repeated his charge that O'Connor worked to kill the Frazier-L -Lemke farm mort- gage bill by holding 1t up in his house rules committee, and he plan. ned to go to Washington Wednes- day, giving O'Conor his chance to do his kicking. Coughlin accused O'Connor last week of sponsoring Q bill to recompense at New York exporting firm from the treasury for losses suffered by repudiation of debts of the old Kerensky govern.
 ment of Russia. He did not repeat that charge in Q nationally broad. cast sermon yesterday, but repeated
The Waterbury Democrat., 1936-02-24
INSURANCE STOCKS
YOUR INCOME TAX
No. 20 BAD DEBTS
AR IN WHICH DEDUCTIBLE


 YEAR IN WHICH DEDUCTIBLE
 To be allowed as Q deduction from gross income, 8 bad debt must have been determined by the taxpayer to be worthless within the taxable year for which 1t is claimed and, where books are kept, 1t also must have been charged of within the same year. The necessity for this provi- sion is obvious. If debt could be deducted without the requirement. that 1t be charged off the taxpay- er's books, the certainty of its worthlessness would be open to question. Neither the taxpayer nor the government could be certain that Q debt would not be claimed more than once.
 If a bad debt were allowed as Q deduction, without regard to the year when it became worthless. such charges could be accumulated to be deducted in a year when there was 6 large income.
 The burden is upon the taxpayer to show that 6 debt claimed as q deduction was without value during the taxable year. 4 statement should be attached to the return showing the propriety of any de- ductions for bad debts. If in the ex. ervice of sound business judgment taxpayer concludes, after making every reasonable effort to deter mine whether there Is likelihood of recovery, that the debt Is of no val- ue, deduction Sor such debt is ale lowable. Court action as proof that the debt is worthless Is not essen- tial.
 It is optional with the taxpayer. in c year prior to that in which Q debt becomes wholly worthless, to take e deduction for partial loss # partial worthlessness occurs. If it can be shown that upon maturity of Q bond, mortgage. or note eyi. dencing . debt it will not be paid in full. the partial loss is deductible.
The Waterbury Democrat., 1936-02-24
Ethiopian Mutlny


 Rome, Feb. 24-tUP)-NewSpaper dispatches from Djibouti, French somaliland, reported mutiny and digaffection in the Ethiopian army today, while dispatches from Italian East Africa told of new Italian vic. tories.
 MoMst cireumstantlal was Q story in Q mutiny of warriors Of the army that between 300 and $50 were killed SelaSsieS son in law, In the south. Of Ras Destu Demtu Emperor Halle cured ct Radek, In the neighborhood The mutiny was said to have oc- Of Uadara. It was said that two white officers were murdered. Some dispatches said that loyal troops suppressed the mutiny, others that fighting continued.
 On the political side, Djibouti !nes- Sages said that Jesus Afework, the former Ethiopian minister to Rome, arrived there from Adds Ababa and was reported to be entrusted with an important mission whose nature was undiSclosed.
 Passengers arriving from the In. terior of Ethiopia, the dispatches said, reported that Emperor Halle SelasSie was suffering from aggra. vated heart disease because of worry ct military reverSeS and the febel- lious situation in several districts. It was commented that the emperor was but . shadow of his former self: that he suffered from insomnia and was continually taking soothing drugs prepared by Q Swedish physi- clan.
 Dispatches from DjibouN are of. ten inaccurate.
 Borah's Speech Pleased.
 Rome, Feb. a. (UP) - Senator William E. Borah's speech of Satur. day, in which he criticized the "un- neutral" attitude of Britain in the Ethiopian war has caused " c most favorable impression" in Italy, an official government spokesman said today.
 The spokesman declared 1t was interesting that personality of Borah's stature had stated publicly that British pressure, not league action. had been brought to bear on the United States to adopt meas- ures against Italy, whereas Britain has maintained that her activities have not exceeded the league decis- ions taken at Geneva.
 Italy does not intend to renounce her friendly accord with France if sanctions are extende d ht,se ... sanctions are extended, the suokes- man said, although she always maintains freedom of action to cope with sanctions as she secs it.
 The spokesman denied press re- ports that the Italian navy had been ordered to get up full steam for maneuvers on March 2, when the league sanctions committee meets.
The Waterbury Democrat., 1936-02-24
AN I H0NY EDEN MADE FIRST SPEECH
(continued from Page l.)

 firmly attached to the policy of col- lectiye security because we believe 1t is the policy most likely to insure the maintenance of peace"
 Britain Must Be There
 He announced that two conditions nre indispensable to Britain'S par ticipation in system Of collective security, as follows;
 "FirSt. the system should be truly collective and 70 powerful as to de- ter any would.bo aggressor, whether from within or without. Second, Britain must be strong and de. termined enough in It's policy in arms to play Q full part therein"
 Eden argued that increased au. thority of the League would "de- pend in considerable measure on the armed strength of Britain"
 "The chances of averting Q world war nre slender unless Britain plays her part to the full" he said.
 Similar To i0i4
 Referring to the danger Of war and Speaking reminiscently'as on ex- officer, Eden recalled that all were assured during the World war that they were fighting a war to end war. trt
 Now" he said, i've And ourselves confronted with problems dreadful- ly similar to those of 1914. To pre- vent Q recurrence of suffering on an even greater scale Is clearly states manship's most urgent task"
 Eden announced that when he goes to Geneva next Sunday, he will propose revival of the committee of five's conciliation efforts.
 Tt is the view of the British gov- ernment," he said, that the com- mittees report still represents the basis on which any further efforts at conciliation should be based"
 Regarding the attitude of the Uni- ted States, Eden contrasted dwin- ding Anglo Persian oil efforts to Italy with the rising supplies sent by the United States.
 Exports of oil from Persia--the only British company concerned" he said, "were i3 per cent of Italy's total takings, while from last Octo- Der to December they well to 4.7 per cent. On the other hand, where as the percentage of the United States from January to September of 1895 was 6.9 per cent, in the Sep- tember quarter 1t rose to l7.S per cent"
The Waterbury Democrat., 1936-02-24
MAJOR HACOOD
 ORDERED HOME

Washington. Feb. 24.-(UP)- Maj. Gen. Johnson Hagood. com- mander of the Eighth Corps Army Area with headquarters at Fort Sam Houston. Tex. was ordered by the war department today to rec linquish his post and proceed home to await orders.
 War department officials declined to say whether the action was dis ciplinary. Hagood recently created Q stir in army circles by his testi- mony before house appropriations subcommittee in which he re- ferred to WPA funds as stage money.
 His testimony was in connection with request for better living quarters for the army. T call 1t
The Waterbury Democrat., 1936-02-24
O'Connor Is Silent

Washington, Feb. 24-tUP)-Rep. John J. O'Connor, d., ". r., had nothing to say" today in answer to reiterated charges by the Rev, Charles D. Coughlin, Detroit priest that he was responsible for failure of the Trazier.Lemke farm mort. gage refinancing bill to reach the house floor. T have no comment to make at this time," said o'Connor, who last week made the threat and later withdrew !t--that he would "kick Father Coughlin from the Capitol to the White House.
The Waterbury Democrat., 1936-02-24
WOOL MARKET.

Boston, Feb. 24 (UP)-Sales were closed on a few very moderate sized lots of 64s and finer territory wools in original bags. according to to- days report of the U. s. Agricul- ture department.
 Bulk average French combing staple brought around DOC. secured basis. Lots containing a fair per- centage of good French combing and some strictly coTnbing 0ls and finer territory wools were sold in original bags at around 02-03c. secured basis.
The Waterbury Democrat., 1936-02-24
ROGER SLATTERY
 IS BEING SOUGHT

Lynn, Mass. Feb. 24-(UP)-Po- lice throughout New England today searched for Roger Slattery, 40. of Kansas City, Mo-, who came east only to find that the girl he was to wed had changed her mind.
 The search was started by an ape peal from the mans sister, Mrs. John Ryan of 2324 Chestnut street. Kansas City. Relatives said they had heard nothing from Slattery but terse telegram that the wed ding was off. Slattery came here a few days ago to marry "the only girl in the world for me-" She is Miss Sally Turke, 3e, who changed her mind about marriage. The couple met a year ago ct Swamp scott and since had been correspond ing.
The Waterbury Democrat., 1936-02-24

Told by his doctor to take long walk, M. Ross, an ex-policeme< in south Africa, started out in 1928 and SO far has traveled ao.0OO mii0 ie,7Ss on foot.
The Waterbury Democrat., 1936-02-24
BADOCLIO PLANS
 NEW OFFENSIVE
(Continued from Page l3

opia can raise another army as that which faced the Italians at Amba Aradam
 It Is indicated that not even the little" rains scheduled to begin be-. fore the end of March should iin- pede the Italian advance, if one is decided upon During the six days of the fighting at Mt. Aradam, rain poured down each day, and some of the downpours were phenomenal. Yet the Italian advance continued on schedule
The Waterbury Democrat., 1936-02-24

stage money" he said. referring to to the WPA funds. because you can pass 1t around but you cannot get anything out of 1t in the end"
The Waterbury Democrat., 1936-02-24

Siberian tigers have been seen as fa- north as Amur, having crussed to the island of Sakhalin on the ice. 9
The Waterbury Democrat., 1936-02-24

A Japanese firm has leased 2l4 square miles of land at Geelvink Bay in Dutch New Guinea for grow ing cotton and expects to produce 10000 bales year as a beginning.
The Waterbury Democrat., 1936-02-24

bowl JoNEs AvERAoEs
The Waterbury Democrat., 1936-02-24
PROMINENT MEN
 UNDER ATTACKS

(Continued from Page IJ
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1936-09-19
INCREASES HIS
CAPITALIZATION
TO S10,000,0OO

Northwest Refining company
which is the corporate name of L,
B. OsNeil's new refinery venture at
Cut Bank, has increased It's CAPT
talization to s1O,O0O,0 900. with stock
at 81 par.
The Northwest Gas & Transport
Co. on August 10, 1895, changed
its name to Northwest Refining Co.
by amendment. At that time there
were but so shares issued and out
standing. On Sept. 10 the capita
llzation was increased by vote Of
the stockholders.
Officers and directors Of the com
pany are L. B. 0'NeiI, president,
Virgil b Nelles, secretary; Jas.
Mullen, George McCabe, Reese Poyn-
ter Jas. n. Cox and L. p. Donovan.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1936-09-19
BORDER TEST
is SPOTTED On
MONTANA SID

Location of his test well on the
Boundary anticline has been an
nounced by Jack Reynolds as in
Section 5, township 81, range 81,
which is on the American side but
at the apex of a structure which
straddles the Alberta Montana Dor
der. His lease includes 1880
acres on the Canadian side and
$500 acres on the American side.
These lease were formerly held by
Texas-P Pacific Coal & Oil company.
Associated with Reynolds is Leo
Sweeney of the Maple Leaf refinery
at Coutts. He expects to get pro-
duction at no greater depth than
3.070 feet, the top OF the Madison
lime.