davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1936-12-24
CAPT. POWELL
SUCCUMBS TO
HEART ILLS

Capt. Halsey Powell, U. S. NJ,
Naval Operations, Navy Depart
ment, died today of heart all,
ment at his residence, IT'S N st.
N. w. He was SO.
Captain Powell, decorated by
both the United States Govern
ment and Great Britain for
distinguished service during the
World War, was senior officer in
charge of the evacuation of 263, 900
refugees from Smyrna, Macedonia
and the Greek mainland in 1922,
while in command of a destroyer
division operating in the Mediter-
ranean.
A native of McAfee, KY, Cap
tain Powell, a graduate of the
United States Naval Academy, was
given command of the destroyer
Jouett in 1914 after completing a
course at the Naval War College
at Newport, R. I. In 1917 he was
in command of the U. S. S. Parker
and conveyed troops and supplies
through the war zone to Europe.
In 1926 Captain Powell was ap-
pointed aide to Navy Secretary
Curtis D. Wilbur, and a year later
served as Naval Attache at the
American Legation in Peking,
China. He assumed his last duty
IN the Navy Department last June,
after serving as commander of the
U. S. S. Pittsburgh, flagship of the
ASiatic Fleet, and a chief of staff
OF the commander, Battle Force,
United States Fleet.
Captain PoWells widow, Mrs.
Margaret Dole Powell, is the only
immediate survivor. Funeral ar
rangements will be announced at
q later date.
MRS. MARIA McC. BRYAN
Burial in Arlington National
Cemetery beside her husband,
Rear Admiral Benjamin c. Bryan,
was today accorded Mrs. Maria
McCalmont Bryan, who died
Monday night of heart ailment
at her residence, 1927 Biltmore st.
N. w., at SO.
Daughter of Judge John S. Nc
Calmont, of Franklin, Pa, she
came to washington as a girl of
Is, and had been a resident here
since that time.
Her husband, who died six years
ago, was retired from the Navy in
1919.
She is survived by her daughter,
Mrs. R. E. S. Williamson, wife of
Major Williamson, stationed at Ft.
Bliss, Tex; a sister, Mrs. Elizabeth
McCalmont Freer, of Washington:
a brother, James McClamont, also
Of this city, and three grand
daughters.
The Washington times., 1936-12-24

IL :OO-Xmas Carois-ChOlr and
Sym. Orch. ....WJsV
DRAMA
6:45-Renfrew Of the Mounted. .WJSV
8:45-True Detective Mysteries VOL
9:3O-Northern Dramatic Co... VOL
CONCERT
s:OO-NBC Sym. Orch. ......... .WMAL
1O:OO-Bamberger's Sym. Concert VOL
SPORTS
2:0O-Tony Wakeman Sport Pages, VOL
11:OO-Buck O'Neill l.............WJ .WJSV
DANCE MUSIC
8:S0-Guy Lombardo's Orch. ..... VOL
11:15-Jay Freeman's Orch. .WJSV
11:3O-Midnite FrOlics ............ .WRC
Evening star., 1936-05-03
BIG GAIN IS SHOWN
BY SHARP & &DOHME
Profit of S31O,521 in First
Quarter Compares With
$250,496 Year Ago.
BY the Associated Press.

BY the Associated Press.
NEW YORK. May 2.-Sharp &,
Dohme, Inc, manufacturers of phar-
maceutical and chemical preparations
with plants at Baltimore and Phila-
delphia, reported for the quarter
ended March 81, consolidated net
profit of s3l0,521, equivalent after div
idend requirements on the convertible
preference stock to IA cents share on
the common stock against $3.50, 496, or
6 cents share, In the March quarter
last year.
Anchor Cap Corp.
Anchor Cap Corp. and subsidiaries,
producing metal and nodded closures,
with plants at Long Island City. N. Y,
Toronto. Ontario: Connellsville, Pa,
and Salem, N. j., reported net income
# $47,495 for the March quarter,
equivalent to $1.16 a share on the
$3.50 preferred stock against $l11,276,
or 16 cents a share for the common
for the March quarter last year after
dividend requirements on the preferred:
Engineers Public Co.
Engineers Public Co.. controlling
public utility operating companies in
Southern, Southwestern and Pacific
Coast States, reported net income of
$2,032.951 for the IL months ended
March 81, equivalent to $4.73 a share
OH the combined preferred stocks
against 1864, ,768. or $2.24 on the COM
bined preferred issues in the previous
year.
Evening star., 1936-05-03
Cotton Mill Rate Expected
To Remain AbOue Last Year

cember to TIL in March. The price
index in March, last year. was 82.4.
In addition to greater activity. the
cotton mills should benefit this year
from a better relationship between
prices and unit costs. From profit
standpoint, the cotton industry should
thus enjoy a more favorable year in
1886 than in 1885, which was appar-
emily the worst year Of the depression
in respect to making money.
While the price level of cotton goods
during the first quarter was lower than
a year ago. this decrease was more
than Offset by a decrease in the unit
cost of operations. This drop in costs
was due primarily to the lower cost
Of raw cotton. In the first place, the
price of raw cotton, as quoted in New
York, averaged 1852 cents per pound
this year, as against 1890 cents last
year. In the second place, the in
dustry this year was freed from pay
ing q processing tax by the Supreme
Courts decision on January 6.
Evening star., 1936-05-03
Disillusioned Bulls Suspect
''Siinister'' Influences at Work

bear market in stocks in the face of
vastly improving business conditions"
This remark gave the brokers and
every one else in Wall Street something
TO null over. But it did not, so far as
reactions could be measured, change
previously formed ideas In many quar-
ters that the extensive decline was of
the nature Of q normal corrective
movement.
A bit violent, perhaps but not more
so than was to be expected in view of
the sharp and virtually uninterrupted
rise recorded in the preceding 13
months.
If there were predatory" influences
behind the fall in prices they were not
visible to the ordinary observer, accord
ing to those close to the market. And
they added that one of the curious
features Of the decline was that 1t
failed to have the familiar accompari.
ment of rumor about such and such
operators cleaning up on the bear
side.
Evening star., 1936-05-03
CENTRAL LIFE ACQUIRES
NATIONAL LIFE STOCK
by the Associated Press

by the Associated Press.
CHICAGO. May 2.-Alfred Mac
Arthur. president of the Central Life
Insurance Co.. said today his firm had
concluded negotiations for reinsur-
ance by his company of the National
Aid Life Of Springfield, Ill.
Macarthur said his associates had
acquired the capital stock of National
Life, which he said, had insurance in
force Of about $4,000, 900, with ad-
mitted assets Of $115,000 and surplus
Of $4,000.
National Life Offices will be moved
to Chicago before July /, Macarthur
said. provided Central Life stock
holders adopted the reinsurance plan
at meeting June !.
Evening star., 1936-05-03
ELECTRICAL GOODS
SCORE HUGE GAIN
Wholesale Volume During March
Exceeds Last Years Levels
BY 35 Per Cent.
Special Dispatch to The Star.

SpcCldl biophbCh " iuc otdfs
NEW YORK, May 2.-Reports
from wholesale distributors of electri-
cal supplies indicate that net sales
during March exceeded February net
sales by 80 per cent and exceeded
March, 1885. by IS per cent. accord
ing to Electrical Wholesaling's MONTH
ly survey of business conditions in
this field.
Improved business sentiment, in
creased industrial and building activ-
ity and release of orders held up by
the severe weather of January and
February-these factors are all re-
flected in the increase.
Preliminary reports indicate a fur
ther gain of 10 per cent in April.
At the close Of March stocks Of
goods in wholesalers warehouses were
per cent greater than at the end Of
February and % per cent in excess
of stocks on hand in March, 1885.
Accounts receivable March 81 stood
per cent in advance of receivables
at the end of February and II per
cent ahead of the figures for the same
period last year:
March collections were II per cent
better than for February and 81 per
cent improved over March last year.
Evening star., 1936-05-03
CLOTHING VOLUME
BEST IN I YEARS
Retail Mems Stores Report
Nets Below Expectations
for 1885.
By the Associated Press.

CHICAGO, May 2.-Although turn
over of merchandise in retail mems
clothing stores throughout the coun-
try last year was the best in seven
years for which figures are available,
the profit showing was not up to
expectations of the trade. Nation
wide survey disclosed today.
The annual business survey of the
National Association of Retail Clo-
thiers and Furnishers pointed out
that the net profit for reporting stores
with a volume under 100000 was
442 per cent of gross sales compared
with 3.6 per cent. while the net for
larger stores was STA, against So the
previous year.
These figures indicated net profit
improvement, probably even in the
case of larger stores, since the vol
ume of sales increased. although this
was not measured by the survey. How
ever, the association said the result
failed to show the improvement in net
profit that might have been expected.
The larger stores increased their
gross profit almost points to 1854
per cent of gross sales. the highest
ratio on record, but expenses also
were increased approximately that
much.
Smaller stores, on the other hand,
maintained gross profit at 1852 per
cent of sales, but actually reduced
expenses from 3o.6 per cent to 1872
per cent. The associations report
said seldom if ever before has there
been such a wide variance between
the gross profit percentages and the
expenses of large volume and small
volume business.
The survey said bad-debt losses de-
clined, which probably represents
better times as well as more careful
collection procedure"
Evening star., 1936-05-03
STOCK DROP STIRS
FEARS IN BUSINESS
Standard Statistics Sees No Sign
of Substantial Trade Slump
in Remainder of Year.
,neciaf Disnstch In The S,ar

Special Dispatch to The Star.
NEW YORK. May 2.-In its weekly
summary of the general business situ-
alton. the Standard Statistics Co. of
New York, currently comments as fol-
lows:
The sharp decline in security prices
during recent weeks has aroused fears
that the usually barometic markets
are discounting substantial reaction
in business over the balance of the
year. There are certainly no present
indications of such a development.
Indeed. the outlook remains generally
favorable and prospects are that no
more than seasonal recessions will be
witnessed over the next month or two,
at least.
For example, many trade observers
are of the opinion that automobile
production will be sustained at near
present high levels through the greater
part, or all, Of May.
THE steel trade likewise looks for
a comparatively active rate OF ngot
output over the next several weeks"
Evening star., 1936-05-03
special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, May 2.-Cotton mill
activity during the first quarter Of
1886 was at a higher rate than in the
corresponding period Of 1885. Con-
sumption of raw cotton during the first
three months amounted to 1.657,000
bales this year. as against 1,5l2,ooo
bales last year, an increase of s.S per
cent.
According to present indications.
cotton mill activity will continue to
exceed last years rate during the
remainder of 1886. says the Alexander
Hamilton Institute. The prospect Is
that consumers will have more money
to spend this year than last while the
prive level of cotton goods promises to
be considerable lower than year
ago. The index of cotton goods
prices, on the basis Of 1925 as 100.
showed q steady decline during the
first quarter, dropping from SO In De-
Evening star., 1936-05-03
Ev the Associated Press.

Ey the Associated Press.
NEW YORK, May 2.-The theory
that mysterious and hidden forces
operated to push the market down the
chute during the last half of April
seems to have believers both in and
outside of Wall Street.
Some of the disillusioned bulls have
worn themselves to fatigue trying to
figure out how the price structure
could suffer such great damage in a
period marked by veritable flood Of
bullish reports on earnings, dividend
actions. industrial production, car
loadings and so forth.
But the same feeling of doubt also
mas penetrated to some of the business
circles remote from Wall Street.
One of those in deepest perplexity,
a high executive of a New York de-
partment store, said, in the course Of
a semi-public address a day or two
ago. that "sone sinister influences are
attempting to create .
Evening star., 1936-05-03
FIGHTS REGULATION
OF textile FIRMS
Cotton Manufacturer Association
Opposes Ellenbogen Bill Now
Pending in Congress.

by the Associated Press.
PINEHURST, N. c., May 2.-The
American Cotton Manufacturers Asa
sociation expressed opposition today
to the Ellenbogen bill to regulate the
textile industry, now pending before
Congress.
At the same time it recorded itself
as favoring voluntary continuation of
the former N. r. A. code hours and
wages. Resolutions embodying both
sentiments we're adopted unanimously.
John H. Cheatham of Grifin, Ga,
was nominated for second vice presi-
dent and placed in line to become
president three years hence. Donald
Conner of Birmingham, first vice
president the past year, was advanced
to the presidency, and r. E. Henry of
Greenville, S. c., to first vice presi-
dent.
Evening star., 1936-05-03
DROP IN MUNICIPAL
BONDS is REFLECTED

BY the Associated Press.
NEW YORK, May "A decline in
municipal bond prices during the past
month is reflected in the price index
of the Bond Buyer, which shows an
average yield on bonds of 20 leading
cities of 3.l2 per cent.
On April the bonds of these cities
showed an average yield of 3.03 per
cent, which represented a record high
average price level.
Evening star., 1936-05-03
GAMERS SHIPMENTS
SHOW HUGE INCREASE

BY the Associated Press.
During the first quarter of this year
Gamers increased their shipments of
peas by lit per cent, corn by 130 per
cent and peaches by 1872 per cent, as
compared with the first quarter of
1895, the Commerce Department re-
ported.
There were 4,957,331 cases of peas,
corn, tomatoes, green and wax beans.
peaches and pears in the hands of
439 wholesale distributors on April /,
compared with 4,627,996 cases on
April /, 1885.
Evening star., 1936-05-03
Bank Is Appointed
As Transfer Agent
OF MIX. Pipe Line
BY the Associated Press.


WILMINGTON. Del, May a.
Chancellor J. o. Wolcott has appointed
the Lawyers Trust Co.. New York. as
transfer agent and registrar of capital
stock and voting certificates represent
ing class B stock OF the Missouri
Kansas Pipe Line Co.
The chancellor made the appoint
ment on petition of Robert w. Woolley.
Franklin B. Richards and Hubert E.
Howard, committee for the protection
of Missouri-Kansas stockholders.
For several years. the petition stated,
it has been impossible to obtain trans L.
fer of shares of stock of both of the
classes or of the voting certificates
representing the class B stock because
neither the corporation nor the re-
ceivers maintained books for that pur-
pose, and the New York Trust Co. and
the First Union Trust Co. of Chicago,
which are the present transfer agents
have not been functioning in that
capacity.
Evening star., 1936-05-03
TRUCK OWNERS OPPOSE
FREE RAIL PICK-UPS
BY the Associated Press.

BY the Associated Press.
In a brief yesterday. Associated
Truck Owners, Inc, of New York urged
the Interstate Commerce Commission
to deny petition by a group of Eastern
roads seeking authority to provide pick
up and delivery service at regular sta
-to-station rates.
The proposal, the brief said, would
result in "a vicious circle of compete
ton destructive to both the railroads
and motor carriers"
Evening star., 1936-05-03
LEVY ON PROFITS
MAY BRING RETURN
TO STOCK ''R|GHTS'
Favorite Method of Post.
War Financing Recalled
at Senate Hearings.
BY FREDERICK GARDNER,
Associated Press Financial Writer.


prospects of return to stock rights
as a major vehicle of new corporate
financing.
Issuance of rights to shareholders to
subscribe to additional stock has been
commended by Treasury officials as a
solution to the problem of raising
capital under the proposed levy on
undivided earnings.
Memories of the popularity of rights
in postwar stock financing, culminat-
ing in 1929, were revived in Senate
hearings on the tax bill the past week
as accounting experts sought to trace
its potentially profound influence upon
corporate practices.
Would Grow in Importance.
If the Treasury's ideas prevail, rights
for shareholders would become an in
creasingly impo! tant road to capital
as industry feels the expansion urge
again.
Already approved by the House. the
proposed revision of corporate taxation
would put a steeply graduated levy
upon undistributed earnings with the
aim of forcing divided payments to
individuals subject to ascending in
come tax rates. The Treasury counts
upon more revenue as earnings pass
out in dividends through surtax
brackets of individual income.
Opponents of the bill insist it would
seriously hamper corporate growth in
asmuch as reinveStment of earnings
has been the most important way of
expansion for perhaps the majority
of corporations, particularly smaller
units.
Exalted as Answer.
Contending tax inequities have en-
couraged withholding of earnings to
avoid payments to the Treasury, Uncle
Sans experts eXalt stock rights as
an answer to the financing question.
officials say proposed rates would
permit corporations with taxable in
comes in excess of $4,000 to retain
nearly one-third of earnings for re-
serves at no more tax cost than under
existing laws.
Stock rights are seen as a return
road for earnings paid out, providing
more capital is needed.
I'm the case of small corporations
with a limited number of stockhold-
ers, it is almost as easy to pay out
earnings in dividends and have all or
part of them resubscribed by the
stockholders for additional shares of
the corporations stock as to reinvest
them directly" argued George c. Haas,
director of research for the Treasury.
Citing estimates that more than So
600. 900 900 of capital was raised by
corporations in 1929 through offerings
to stockholders, Haas saw share
rights returning to favor.
Points to Several Firms.
He enumerated several companies
which have moved to raise additional
capital through sale of securities to
stockholders, including Foster Wheeler
Corp, Atlantic Refining, Ludlum
Steel and Union Bag & Paper.
Critics of the profits levy maintain
stock financing is open to corpora
tions only when the market is BOOM
ing. Haas answered that most of them
have no need for expansion in bear
market years.
For different reasons, experts on
both sides of the tax bill saw it dis
couraging future financing through
bonds. Opponents held it would be
more difficult to sell bonds if reserves
could not be accumulated at will.
Evening star., 1936-05-03
GLASS ACTIVITY STEADY
DESPITE ORDERS LAG
BY the Associated Press.

6y IHV ASSUCldCtu FIeSS
NEW YORK, May 2.-American
Glass Review says manufacturing ac-
tivity is holding quite steady, but or
ders for future delivery are less plenti-
full than they were several weeks ago.
In spite of the current slowness," Z"
the Review asserted: most manufac-
turers anticipate that the second quar-
ter will show improvement over the
same period last year."
Evening star., 1936-05-03
FabricatOrs Boost
Copper Products
Fourth of a Cent
BY the Associated Press.

By The ASSoclated Press.
NEW YORK, May Pleading
fabricators of copper advanced prices
for a wide list of products 4 of cent
a pound today, the change to be effec-
tive Monday.
The principal products affected in
cluded copper sheets, roll and strip
drawn copper, brass and other alloys.
Revere Copper & Brass, Inc. Amer
ican Brass Co. and Chase Brass &,
Copper Co. joined in the increase.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1936-12-04
Ginger Rogers:
GuardedFr0n1
Threats Made

Hollywood, CAL, Dec. A (AP)-Danc
ing Ginger Rogers was guarded by
Federal agents today as her mother
told of letters demanding $4,000 or
the pretty actress life.
Mrs. Leila Rogers said Federal men
made arrangements to contact the
supposed letter writer at a beach
cafe tonight in the hope of making
arrests. Officers of the Bureau of
Investigation refused comment.
1.-THE first letter, received about
two weeks, contained a threat that ]
would be riddled with bullets if the
money was not paid by December 9,
said Mrs. Rogers. "It was illiterate
and apparently in the handwriting
of a man."
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1936-12-04
Minister Lamas Says Presi-
dents Visit Not Only
Opportune But
Providential
DEMOCRACY ITSELF
WAS IMPERSONATED
PeorIc Saw in Him Leader
Whose Sponsorship Of
Buenos Aires Conference
Assures Its Success; Secre-
Secretary Hull Listens to
The Lamas Address

Buenos Aires, Argentine, Dec. A.
APP Argentine Foreign Minister
ramas hailed President Roosevelt as
an apostle of peace" as he greeted
delegates to the first full session of
tho nter-American peace conference
today
Lamas, Nobel peace prize winner
this year, was named permanent
chairman of the conference.
President Roosevelt's visit to the
opening of the parley Tuesday, he de-
ciared was not only opportune but
providential.'
The peoples who acclaimed him
saw in him a triumphal expression OF
democracy itself"
The initiator of this conference
and an apostle of peace Lamas said,
we owe to his presence and his spon-
sorship the moral atmosphere which
he has left us, and which constitutes
an augury of the success of our deli
beratiOns."
United States Secretary of State
Cordell Hall, scheduled to speak at to-
morrows plenary session, listened at
tentively to translation heard thro-
ugh car phones. ss-- e.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1936-12-04
YARN MEN COMBINE
FOR OWN DEFENSE
Protection and Standard
Trade Practices Launch
ed at Charlotte

Charlotte, Dec. 4.-(AP)--Leaders
of the nations carded yarn industry
effected an organization here today
to work for standardized trade prac-
tees and to protect the mills finan-
cial interests in any state or Federal
regulatory legislation.
Don P. Johnston, of Wake Forest,
was elected chairman, and State
chairmen who will form the associa-
TONS executive committee and work
with the general chairman were
chosen as follows:
South Cardinals. H. Lander, of
Anderson; Georgia, w. N. Banks, of
Grantsville; North Carolina, Arthur
Wingate, of Albemarle; Alabama and
Tennessee, Bragg Conner of Sylacauga
Ala; New England states, Philip
Stainer of Westbrook, Maine.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1936-12-04
AIMEE TARGET OF
THREATS, SHE SAYS
Movement Uader Way To Declare
Her Insane, Attorney for
Evangelist Declares

Los Angeles, Cal, Dec. 4.-(AP)-
Aimee Semple Mcpherson, blonde pas
tor of strife-swept Angelus Temple,
was pictured by her attorney today
as the target of threats to declare her
insane, and usurp control of her Four
Square gospel church
The threats, alleged the lawyer,
Willed Andrew were made by Jacob
Mordel, red-haired former counsel for
the temple, and reputed sutton of Mrs.
McPherson's daughter, Roberta Sem
pie.
Answering a $50 900 Islander suit
filed against him by Roberta, An
drews charged in special defense that:
First, Mordell intimated he might
make disclosures concerning Mrs:
Mcpherson 5 kidnapping years ago,
when she said she was seized at a
Los Angelo beach and held captive
in a Mexican hideout.
Second, Mordell demanded Sister
Aimee fire Giles Knight, temple busi-
ness manager, and name Roberta
president, with herself only as
treasurer.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1936-12-04
OF
Americans
Probed Into
George Hobart New
some, 40, Once Win
ston Resident, Is
Killed In China

Marking, China, Dec. 4-(AP)-The
United States Embassy asked the Ma
tionalist government of China today
to investigate the fatal shooting Of
George Hobart Newsome, 49, Amer
lean tobacco executive, by a Chinese
last night.
The embassy appealed also for pro
lection for other Americans in the
Hsuchang area. Foreign tobacco buy
ers have experienced trouble there
because of the efforts of native inter
ests to collect percentages ON all sales
and to prevent direct transactions
with farmers.
Newsome was manager of the Hsu-
chang Tobacco Company.
A native of South Carolina and a
former resident of Winston-Salem, N
c., he came to China in 1917. A wife
and daughter survive.