davidaulloa/AmericanStories huggingface dataset:
The McDowell times. [volume] (Keystone, W. Va.) 1904-1941, 1936-09-18
s4#s4#Ass
GROCER DEMOCRATIC
NEGROES ORGANIZED

The Grocer District No. 4 Demo
cratic club was organized Thursday
night 10y district chairman JuniS Gil
bert II was decided That a meeting
will Ice held at the Grocer Hall every
thursday night at six O'Clock.
The following officers were elect
ed: Thomas Hayden. president; Mrs.
Josephine Patterson. vicc-prcsidcnt
Mrs. Annie b. Jones, secretary: Mrs.
Lee Dennis. scrgnnt-at-arm- Wade
J.. Jones chaplin; JuniuS Gilbert
speaker chairman; and Henry Per
due, assistant speaker chairman.
The committee. on arrangements in
cludcs; Burgess r. Jones. Tracy Boyd
and Dccdan Franklin.
The public i invited to attend all
future meetings.
The McDowell times. [volume] (Keystone, W. Va.) 1904-1941, 1936-09-18

Indians have one of The most sugScs
. tive and interesting conceptions. Oi
all the people; no doubt the Hebrews
have made the greatest contribution
toward hclpin. us get Il clearer ana
ltrucr conception uf God. Moses, Abra
Iham, David, l>aSiah, Amos, and the
lullcr great characters we read about
in the Old Testament all made vi
tai contribution toward the unfolding
conception of God.
| II l.. interesting TO note that this
unfolding conception of God was col
orcd by the experiences these mon
passed through and their environment.
That is one reason why the special
revelation Of God unto mankind thru
Ills Son j. 50 significant, for we
find that Christ lived above his en-
Iviromcnt AMI presented such vital
and significant messages that even
now we only have glimpScS of what
he had i'm mind when he talked about
the establishment of the Kingdom OF
God in the world.
One OF the most significant trends
in the world today is the new cvalu-
alton of the contribution he has al
. eady made To our understanding ana
appreciation of God. In fact. az never
have AZ many people from every ma
ton AMI every race looked t" Christ
for help in the solution Of the pro
blcmS with which mankind is con
frontcd AZ time goes on We expect
more help from Christ and many of
lis feel down deep in our hearts that
We feel and believe that only traS
mcnts of His dreams and visions OF
n better world will be realized while
we live here, but we believe that the
consccratcd leadership who will. live
I'm the centuries To come will make
much greater strides i'm bringing hca
ven and earth much closer together.
| No one who has ever in sincerity
yielded To His leadership has ever
been disappointed. He, indeed, has
the ability and the capacity to chal-
,lengc the best that is i'm us for time
!and so as we can see now in eternity,
AN dso with the poet we say
Lead on, o King Eternal, the day OF
march has come:
l1Icncrforth in fields of conquest Thy
tents shall be our home.
Through days of prcparatio nThy
; grace has made Us strong,
And now, o King Eternal, We lift
/ our battle ong.
Lcadon, o King Eternal, We follow
not with fears;
For gladncS< breaks like morning
whcrc'rr thy face appears
Thy gross is lifted DER us, We jour
, mcy in i'll lights;
The crown awaits the conquest; Lcat
on, o God Of might.
The McDowell times. [volume] (Keystone, W. Va.) 1904-1941, 1936-09-18

cause Of his vacation. IL is now
down To business as usual. on the
political war path, preachin- the Doe
trim" Of Rcpnblicanism, wanting to
So" the Negroes as n Who'll ct togcin
err lay aside their petty differences X
their little jealousics of incxplainably
partisan technicalities. .Jour> is a
strong Republican,. is independent,
but wants to do nothing t. divide the
race on any of the vital issues of
race pride.
The McDowell times. [volume] (Keystone, W. Va.) 1904-1941, 1936-09-18
Spearman's Novel
Brought Opening
For Screen Star

Frank III. Spcarman, author of Cum
lock Rarch," this papers new serial,
Is credited with giving the late Wal
lace Reid his start as motion picture
actor While in his heyday shortly
before death overlook him, Reid said
he "rcde into fame on the screen with
play by Frank II. Spearman."
In his latest novel. "Gunlock Ranch"
the famous Western author has re-
The McDowell times. [volume] (Keystone, W. Va.) 1904-1941, 1936-09-18
OUT OF THEIR
OWN MOUTH S

'The. administration program was
forced through the legislature by the
patronage club. was offered any
thing I wanted if / would line up
with the administration" - Oscar
II. Ballard, Democratic member Of
the House of Delegates (1931-1o33)
speaking before civic club in his
home town of Princeton, Mercer
County, in June, 1888.
Evening star., 1936-05-31
DividendChanges
BY tho Associated Press.

f'y thC Associated Press.
NEW YORK, May 3o.-Favorable
dividend changes in the past week
numbered A, against AZ in the pre-.
ceong week, according to the Stand
ara statistics Co. of New York. Un.
favorable changes totaled 8, against
the week before. Details of divi.
dend changes in past week:
Favorable.
lncreaSed-Richardson Co.. St.
Joseph Lead, Waldorf System. Green.
Wlch Water & Gas System 6 per cent
preferred, Electric Controller 81 Mfg,
Union Carbide & Carbon, Wick
Financial, Clorox Chemical, Hercules
Powder, Barcelona Traction, Light
& Power, Noranda Mines, Nova Scotia
Light & Power, Twin Disc Clutch.
Resumed-Shell Union Oil $3.50
preferred, Equitable Office Building.
Extra--Beechnut Packing, GoebeI
Brewing, F. E. Myers g. Bros, South
Penn Oil, Abbott Laboratories.
CroWel Publishing, Petroleum Explo.
ration, Securities Investment Co. of
st. Louis, WeSSon OIL & Snowdrift.
PUBLIC Investing, Handley Page 10
per cent part preferred, Pfaudler Co.
1nltlal-Electromaster, Inc; Grey.
mound Corp, Dixie Vortex common.
Dixie Vortex class A, Radio Corn,
convertible first preferred, Wisconsin
investment, Dairy League Cooper
atlVe 3 per cent preferred, Foresight
Foundation SIPS non-cumulative
class A, National Lead, Penn Valley
Crude Oil class A, A. P. w. Properties
class B, Amparo Mining, Brandywine
Shares, Jeanette Glass common.
Jeannette Glass per cent preferred,
Seaboard Commercial 51a per cent
preferred, Eagle Picher Lead.
UnfavOrabIe.
Reduced-Idaho Maryland Mines.
United Industrial Alcohol.
PaSsed-Bankers' Investment Trust
OF America debentures.
Evening star., 1936-05-31
NORTHWEST CRISIS
SUPPORTS WHEAT.
Fire-Sale Prices Avoided
by Serious Condition in
Spring Grain Area.
BY JOHN p. BOUGHAN,
Associated Press Market Editor

CHICAGO, May 30.-Abrupt shift
ing of interest to the crop crisis in
the Northwest is just now providing
something of an antidote against talk
of flre-sale prices for wheat.
Precarious field conditions that have
developed in Spring wheat areas, both
sides of the Canadian boundary seem
to be counter-balancing in the nick
of time an improved outlook regarding
the domestic Winter crop and also
tending to offset succession of sea-
son low-price records in Winnipeg and
Liverpool the past week. Trade spe-
cialists say that with quotations
around current levels, mills are ex-
pected to be good buyers, as purchas-
ing has of late been on a hand-to-
mouth basis, resulting in generally
small mill stocks.
Compared with a week ago, wheat
prices today are 7s-2 cents bushel
lower; corn, 1sl2 up; oats, 14-as ad-
vanced: rye, varying from IA setback
to "a gain, and provisions showing
% cents to Is cents decline.
Chiefly responsible for diverting
attention to the Northwest at this
time of year, a month earlier than
usual, is the fact that moisture there
has been decidedly sub-normal, and
that sudden unreasonable hot weather
has aroused anxiety. Moreover, the
Spring wheat crop is about week
later than average in Canada, and is
also somewhat delayed in the Ameri-
can Northwest. A circumstance like
wise emphasized is that great deal
of lightweight wheat has been seeded
in Spring crop States and in parts of
Canada as well.
Serious question is raised in various
quarters as to whether much Of the
lightweight seed that has been used
for the 1896 Spring crop will produce
wheat sufficiently vigorous to with
stand extreme hardships. One opinion
prevalent is that with plenty of rain
the poor seed will make good wheat.
On the other hand, it is contended
that If the weather is especially dry
and hot after terminating takes place
the results will be dubious at best.
Corn prices reflect knowledge that
stocks Of corn are light, and con-
sumner demand active The oats market
is described as oversold. An out
standing feature as to rye has been
that heavy arrivals here appear well
absorbed.
In provisions, the principle develop
ment is that prices of all deliveries of
lard are at new low levels for the
season.
Evening star., 1936-05-31
INTEREST IS KEEN
IN BOND MARKET
Considerable List of New
Finance Proposals Is
Watched.
BY the Associated Press.

By the Associated Press.
NEW YORK, May 3o.-The bond
market of the week had to compete
for investment interest with con-
siderable list of important proposals
for new financing, including the Gov
ernment's June refunding program.
Only in part did the Treasury dis
close its arrangements for what was
described as the largest peace-time
financing operation in the history Of
the country. For meeting maturing
obligations and for the raising of new
money an offering totaling about
$2,o5O,OO0,00 was forecast by Treas
ury authorities.
Announcement that the offering
would involve billion dollars In new
money somewhat exceeded the esti-
mates of local interests who follow
Government financing. This was men,
toned as possibly having some bear
ing on the slightly easier tone which
appeared in listed United States Gov
ernments following the Treasury's out
line Of the plan.
Corporate bonds generally showed a
steady behavior, with low and medium
priced rails finding better markets
on the basis of the continued favorable
trend of revenues and car loadings.
Some other groups had periods of
irregularity mixed with softneSs here
and there, though in general the
volume of buying was sufficient to
preserve good tone. Certain of the
convertible industrials moved up
sharply with any forward movement
in the equity list.
Partly through public offering and
partly by private" transactions, the
Standard Oil Co. New Jersey mar
keted an issue S85 1000 900 8 per cent
oebentures, and this was the high spot
Of the week in corporate financing.
Primary distribution of the portion
offered publicly, $3o,00o,0Oo, was
readily effected, it was indicated
What was particularly interesting tt
investment circles, in connection with
this operation, was that it established
something of record for low-yield
financing through the medium of ar
unsecured bond
Evening star., 1936-05-31
FARMERS GETTING
CHEAPER CREDITS
Banks Are More Active in Short.
Term Financing-F. C. A.
Expanding.

While personal loan companies
charging 80 to ~ per cent a year
increased greatly both in cities and
the country during the depression,
their operations in farming areas are
now apparently declining, according
to a statement today by w. I. Myers,
Farm Credit Administration governor
Myers said country banks in the
Central and Middle Western States
are more active in seeking short
term farm loans this season than for
several years, while production credit
associations operating under the
Farm Credit Administration have re-
financed the short-term obligations of
thousands of farmers who sought
loans from personal finance COM
panies during the depression.
The failure of 40 per cent Of the
banks in the country during the de-
preston. and other factors. accounted
for tremendous growth in personal
finance company business, and by
1882 these companies had begun TO
make loans to hundreds Of thousands
Of people, including farmers who were
previously customers of city and coun-
try banks.
Myers pointed out that better credit
practices and wider use of credit
statements by farmers is enabling a
larger percentage to obtain cash loans
for their production requirements, in
stead Of borrowing at very high rates
of interest or obtaining merchant
credit.
Practically all Of the $127,00o, ,00C
of outstanding loans of production
credit associations are secured loans
and also a large part Of the $780,
100000 Of short-term bank loans to
farmers. Credit statements are uni
versally used by the 250,000 members
of production credit associations, and
in order to serve a larger number
of small farmers country banks have
increased the practice of requiring
credit statements from borrowers.
Evening star., 1936-05-31
Commodity Price
Changes for Week
BY A. A. PATTON,
Associated Press statisticiar


NEW YORK, May 30.-Scraping
along at the years low, commodity
prices this week continued to reflect
the vagaries OF weather rather than
any pronounced slowing of demand.
The Associated Press weighted in
dex of 35 important wholesale COM
modify prices stood at 71.36, compared
with 7l.7s last week and 1918 a year
ago.
Better r-than-average rains occurred
in many of the States that were sub
normal on moisture, assuming the
proportions Of cloudbursts in some
parts of the Southwest. The great
plains, from Nebraska southwark, were
the chief beneflciaries.
The much needed moisture had
varying effects on the movements OF
agricultural prices. Cotton was higher
on reports that rains in Texas-largest
producer-were heavy enough to dam
age the stand in some areas. Oats
were steady during most Of the week,
closing fractionally higher.
Wheat Says Sharply.
Wheat tumbled sharply with the
rainfall in the No. Winter wheat
State-Kansas-which has felt mois-
ture deficiency all Spring. Although
the improvement was notable, Kansas
is still some 20 per cent below normal.
The largest Spring wheat States
North and South Dakota-are still
badly in need of rain. Spring wheat,
however, accounts for but 20 per cent
Of the total wheat outturn.
Corn and rye were lower, primarily
on the strength Of better moisture
news.
Live stock prices moved into low
ground for the year again, cattle and
lambs continuing weak. The decline
has been persistent during the past
several months-the index currently
being 90 per cent under its January
high. Hog quotations advanced against
the trend for the second week.
Food prices continued to move up
ward from the low established two
weeks ago. Cocoa has risen sharply
on what is understood to be tight
spot position. Flour forged ahead
despite the decline in wheat. Coffee
and butter lifted slightly. Lard gave
ground on the premise that a large
hog turnout can be expected this
Summer.
Keeps Narrow Range.
Industrial staples swung in mar
row range Just above the years low.
An advance in lumber was offset by
declines in rubber. turpentine, lin
seed oil and burlap.
Among the textiles: Cotton cloth
rebounded from the low levels Of the
previous week as low retail stocks
brought some good buying into the
market: wool and silk were both weak.
Tin dropped under the pressure Of
some uneasiness regarding the pro-
ducers' agreement.
The composite index, with its COM
ponents, based on 1926 as 100, fol-
lows:
Evening star., 1936-05-31
INVESTMENT COMPANY
STOCK INDEX IMPROVES
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, May 30.-The invest
ment companies common stock price
index advanced slightly last week, as
evidenced by the averages compiled
by Distributors Group. Inc.
The average for the common stocks
of 10 leading management companies,
Influenced by the leverage factor,
stood at 1915 at the close of May 90,
compared with 17.94 on May %.
The average of the mutual funds
closed at 1925 on May 90, compared
with 1898 at the close Of the previous
week.
Evening star., 1936-05-31
SLIGHT RISE SHOWN
BY INSURANCE SHARES
epecial Dispatch to The Star.

Epecial Dispatch to The Star.
NEW YORK, May 30.-InSurance
stocks in the New York City market
closed the last week at slightly higher
levels, according to figures compiled
by Holt, Rose & Troster.
The aggregate value of 20 leading
fire and casualty insurance issues on
May 20 totaled 1894, 900, compared
with $3.50, 900 at the close of the
previous week, an increase of $780,
600, or 0.61 per cent.
The current average yield of the 20
issues of 3.28 per cent compares with
q yield of $50 per cent on May %.
The current market value equals 1.19
times the current nquidating value,
unchanged for the week.
Evening star., 1936-05-31
ADVANCE MAINTAINED
. BY TRANSIT REVENUES
epecial Dispatch to The Star.

bbVN'aA Aa1FoeNh w 4uV DtdIs
NEW YORK, May 3o.-Revenues of
the transit industry, based on tele-
graphic reports received from a rep
resentative group of transit operating
companies, for the week ending May
%, showed continuing improvement
over last year. Transit Journals rev.
enue indicator stands at 10708, as
compared with the corresponding week
in 1885.
For the week ended May 16, 1896,
the indicator was 1886.
For the third time this year the
indicator shows gain in revenues of
more than per cent above those of
a year ago. All sections of the coun-
try shared in the improvement, and
some properties which have Jagged
behind registered good gains.
Evening star., 1936-05-31
Bankers
(Continued From First Page.)

at the time they we're being con-
sidered; the banking act Of 1850 was
bitterly fought by bankers; the forma-
ton of the Federal Reserve Board
brought out strong opposition, but
bankers now see that scores of these
measures, which became law, proved
to be beneficial, he said. The bankers
OF today, he declared, should have a
social objective and adopt a conserv-
stism which is at the same time pro-
gressive. He received a rising ova-
ton at the conclusion Of his remarks.
DR.. Adolph c. Miller, former men,
Der Of the Federal Reserve Board,
was the chief speaker today, dis
cussing the significance Of the Bank
ing Act of 1885 in American None
tary History" He devoted himself
largely to the work of the Federal
Reserve Board.
The future of gold and the gold
standard have not yet been deter
mined, he said, nor will 1t be de-
Sermined by the action of any one
country until the role which gold Is
to play in monetary systems Of the
future is settled.
Evening star., 1936-05-31
COMMODITY TRENDS

NEW YORK. May 30.-Trends on stand
ciated Press:
= COCOA--Future prices on the New York
Cocoa Exchange advanced around "a of a
cent pound hast week to the highest
levels since June. 1884. Spot prices were
reported equally firm under demand from
manufacturing quarters.
GLASS-American Glass Review says
demand for window glass has increased.
land for the first time in several months
manufacturers have hopes OF greatly
improved market" Buying of glassware
is also more active.
SUGAR-Consumptio Of the IA prin-
cipal European countries during the first
seven months of the current crop year,
September-March totaled 4,396,319 long
tons, raw sugar value, against 4.241,216
tons consumed during the like period last
report.
TOBACCO-Last weeks average price
Of rs type II. grade B-F, tiue cured to:
bacco was 16.9 cents a pound compared
with 1916 cents in the previous week and
pa cents in the correspondents period Of
last year, according to the Stitch Tobacco
Index.
Evening star., 1936-05-31
PARAMOUNT PICTURES
QUARTER NETS $718,921
By the Associated Press.

By the Associated Press.
NEW YORK, May 30-Paramount
Pictures, Inc, reported net income of
S718,921 for the quarter ended March
81. OF the excess cost of certain
pictures for which reserve was pro-
vided out of earnings in 1885, about
100000 was charged to operations
for the quarter and similar amount
of the reserve was credited to opera
tions.
The reserve, amounting to $780,
600, was established at the end of
last year.
For the first quarter of last year
an audited report was not available
due to the company'S reorganization,
but earnings were estimated at
Sl,472 900.
Evening star., 1936-05-31
COTTON CLOTH IMPORTS
DECREASE DURING APRIL
BY the Associated Press.

BY the Associated Press.
Imports Of cotton cloth for consump-
ton in April dropped to 9,836,000
square yards from 1888. 900 in March,
the Commerce Department reports. For
the first four months the total was
0,462 900 square yards. against IT,
$4,000 in the comparable period last
year. japanese goods accounted for
nearly SO per cent Of the total, COM
pared with SO per cent in the 1885
period. The squirt in imports from
Japan was held directly responsible for
the recent boost in tariffs on Japanese
cotton goods.
Evening star., 1936-05-31
INDUSTRIAL BONDS LISTED.

Distributors Group, Inc, trading
department, has just compiled, for Sc
curity dealers only, list of some 60
unlisted industrial bonds of various
grades which are currently available
in the market. The compilation in
cludes interest coverage figures, ap-
proximate markets and yields.
Evening star., 1936-05-31
GENERAL MILLS BOARD
ELECTS J. S. HARGETT

BY The Associated Press.
NEW YORK, May 30.-J. S. Har-
gett of Oklahoma City has been
elected to the board of directors of
General Mills, Inc. Arthur M. Hart
well and Walter r. Barry, both of
Minneapolis, and L. N. Perrin, Chi
cago, have been named vice presidents
of the organization, and Walter Mills
of Minneapolis has been added to the
operating board.
Evening star., 1936-05-31
NEW YORK CLEARINGS.

NEW YORK. May 30 R.-The weekly
statement of the New York Clearing House
Total surplus and undivided profits.
S743, ,339. 100 unchanged; total net de-
mand deposits (average). SS3. 1O2 600 lin-
623 900 (decrease): clearings week ended
yesterday,s SO $50 SOS. .723; clearings week
ending May 23, S2.e44. .a32,227.
sFiye days,
Evening star., 1936-05-31
SAVANNAH NAVAL STORES.

SAVANNAH, May 80 R-Turpentine
@ s6 sales stccs ss ssse rsssD's aoss ass fRn R
sales. 7O9; receipts. l.725: shipments,
and =, -41O; r q and H. $50; ]. 4.35:
WV and Z. 4.55.
Evening star., 1936-05-31
CORPORATE EARNINGS.
BY the Associated Press

By Int ASS0CIHLed PreSS.
NEW YORK, May 30.-Corporate
earnings statements released during
the week showing profits per share
included:
Evening star., 1936-05-31
DIVIDENDS ANNOUNCED
Regular.
MONTREAL SILVER.

MONTREAL May 80 0P.-Slver fu-
lures closed steady and UNCHANGED. No
sales. July. 44.76b: September, 44.S6bi
December. loeb. Bid.
Evening star., 1936-05-31

Year Ended March 81.
Remington Rand. Inc. S1.24 80
American I. G. Chemical f.42 f.32
-Four Months Ended April 80.
McGraw-Hill Publishing "A 80
Six Months Ended April 80.
Lee Rubber & Tire-- 80 "A
Year Ended April 80.
A. o. Smith Corp.----- 1.64 g.
.Preferred;,
fClass ''B."
mot available.
Evening star., 1936-05-31

Doeno rates as given the above table are the snnr
rations VI "sHSesrS oecIa-
Ont OF traoing less than 100 shares tAnnua
Accumulated dividends
reorRanzed EX-divdend - 'S~S-'e4o4AO VI oeln8
The Washington times., 1936-04-08
Navy Yard SoftbdN
League Opens April d

Opening of the Navy Yards
softball baseball league is the item
of the moment for employees at
that site today. The league, which
boasts "a teams, get under way
April %.
Ceremony galore will attend the
grand opening which will find
dignitaries on hand, including
Admiral J. r. DeFrees, who will
toss out the first ball.
The schedule, nearing compile
ton, will reveal which teams will
play in this opener.
The Washington times., 1936-04-08
BOnUIinQ
Tonight

CIVICS CLUB Lacquer d
Table VS. Kiwanis No. ,Kiwanis No.
VS. optimists, Reciprocity vs. New
corners, Rotary VS. Vivitan, Silver
Spring Lions VS. Lido, at Arcadia.
LADIES DISTRICT LEAGUE-Bill
Wood VS. Convention Hall, Rosslyn vs.
Temple, Arcadia VS. Lucky Strike, Ma
tional Beer VS. Swanee.
COMMERCIAL LIE AG o E-Evening
Star VS.. Thompson's Dairy, Continental
Baking Co. vs. Diamond Service, Carry
Ice Cream Co. VS.. Sterrett Operations
Service, Sunday Star VS.. Miller Fur
niture Co., Holmes Cakes VS.. Holmes
Homemade, wilkins Coffee VS.. Premier
Cab, City Cab VS.. Diamond Cab.
BANKERS NEUTRALITY-SUSPICIOUS. Sc
curity & Trust No. VS.. Natl. Saw
ings & Trust Co., Munsey Trust Co.
Bank VS.. City Bank, American Secur-
ity & Trust No. VS.. Bank of WASH
ington, Washington Loan & Trust Co.
The Washington times., 1936-04-08
DE REUTH
HEINE WEBB
Pennsylvania Nine
Would PLAY Here

The North Braddock A. c., of
North Braddock, Pa, has written
the Times Sports Department, as
a medium for scheduling games
with topnotch Washington un-
limited teams.
The North Braddocks have been
organized for six years and have
met and defeated some Of Pitts
burgh'S strongest clubs. For
games. write Anthony Fromalius,
1901 Brinton Ave., North Brad
dock. Pa