davidaulloa/AmericanStories huggingface dataset:
Evening star., 1937-11-21
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, Nov. 20.-The follow
ing is today's summary of corporation
news prepared by Standard Statistics
Co., Inc, New York:
Kalamazoo Stove & Furnace CO.
October sales of company were said to
have been 8.8 per cent lower than those
for the similar month of 1886 Volume
for the first 10 months of the year.
however, was ahead of that for the
like period of 1886 Company has about
230 branch stores in operation as COM
pared with I55 branch retail outlets
at close of 1886
Distillers Corp. -SeagramS. Ltd
President said that sales volume for the
first quarter of the current fiscal year.
which began August l. 1887, we're in
excess of the like period of 1886 and
that operations during this period
have been highly satisfactory"
Consolidated Mining & Smelling Co.
of Canada, Ltd.-Company announced
general basic wage increase of 25
cents per day, effective January l. The
increase will affect 1900 employees. In
addition Christmas bonus will be
paid.
American Sumatra Tobacco Corp.
declared an extra dividend of so cents
share and regular quarterly dividend
OF 25 cents share on common stock,
payable December IS to holders of rec
ord December /, 1887. On June Is,
1887, an extra dividend of sl25 share
was paid on this issue.
Evening star., 1937-11-21
AMENDED PLAN FILED
FOR WEST OHIO GAS
By the Associated Press,

By the Associated Press.
A committee for holders of West
Ohio Gas Co. per cent first refund
ing mortgage bonds filed yesterday
with the Securities Commission an
amended plan for reorganization of
the company.
The company, which filed a reor-
ganlzation plan last August, asked
for permission to withdraw it CO.
incident with the filing of the COM
mittee's amended plan.
The committees capitalization pro-
posal would consist of s676,5OO prin-
clpal amount of per cent first mort
gage bonds due in 1858, and ISL
437 shares of common stock of a par
value Of $40 a share.
Evening star., 1937-11-21
FOREIGN EXCHANGES,

NEW YORK Nov, 20 R,.-European
currency units moved higher against the
today. %
Sterling gained la of cent. while the
fTench franc was up .O03s of cent, Swiss
francs, advanced .O1 of a cent and the
Netherlands auilder was .O3 of cent
hisheL The Canadian dollar gained
., In London the dollar lost ,Ss of cent
nloSins e. orta,s at S3.o9s4 to the pound. Paris
Closing rates follow: Great Britain in
dollars, others in cents. Great Britain,
S,ila SSnmland 40. 5ooss; cables ,5ooss; 60-day
ollIS, 9 aS, o'oo; France. demand, 3,40h: cables,
6.26i2
. Demands; Beleium, 1902: Germany.
r. free Go. 4Q,43; registered. .2o.s5 travel,
SSw1eaden. s5.s1; Denmark. 22.;s5: Finland,
s;22ls; switzerland, .23.16: Spain. un-
quoted; Portugal. 4551a: Greece. .aoIa:
poland. 1928; czechoslovskia. 353M;
4ugoslaVia. 2.35; Austria. 1S.96n Hun
gary. 1890: Rumania rs: Argentina,
e 3:35n: Brazil tfree). soon; TOXIC. aa.is:
shanghai, 29.55; Hong Kong, 81 .25: Mex
ico CITY. ;27.s0: Montreal in New York.
1ou' 'l2Ss: New York in Montreal. 99.s49s
Evening star., 1937-11-21
ARMC0 DISCLOSES.
WIDE OWNERSHIP
80 Per Cent of Common and 664
Of Preferred Held in
Small Lots.
Srecial Dispatch to The Star.

Srecial Dispatch to The Star.
MIDDLETOWN, Ohio, Nov. 90
The extent to which ownership Of
American industry is spread among
small investors as illustrated by an
analysis Of the stock ownership of the
American Rolling Mill Co., made pub
lie here by Charles r. Hook, president
Thirty-nine per cent of the COM
mon stock and 664 per cent OF the
preferred Is held in lots Of 100 shares
or less, the analysis shows. Nearly 10
per cent Of the common and % per
cent Of the preferred is held in lots of
from to 25 shares. The average
holding of both common and preferred
is 63 shares.
The survey does not include stock
held in the name of brokers, the real
ownership Of which could not be iden-
titled.
OF 28,777 common stockholders.
25,454. or 88.5 per cent, own lots Of
100 shares or less, and 1923, or lis
per cent, own lots of more than 100
shares. OF 1859 preferred stockhold-
ers, 7,791, or 932 per cent. own 100
shares or less and 568, or SO per cent,
hold lots Of more than 100 shares.
Evening star., 1937-11-21
CHICAGO PRODUCE.

q, CHICAGO: Nov. 90 to..-,poultry live.
90; less than Az pounds. i6la: springs i
pounds pounds up, ss colored. 20; White Rock, 211a:
22ls: turkeys. hens 80: toms. young, 81:
other 1tI, prices ices unchanged. Dressed market
young, 20; other prices unchaneed.
Butter, 6,9O6: steady: creamery. spe-
3ah; extra firsts t9O-9D. 35h-36Ia; firsts
nnSe.Sg), 32L2,33i2; seconds ts4-S7l2).
?a-31 "a: standards 900 centralized car
!ots,, 35l2. Eggs, 2,s41; steady: prices
Potatoes, es; on track. e44: total U. S.
shipments, 542: steady; supplies moderate;
demand light: sacked per hundredweight,
Idaho Russet Burbanks. U. S. No. /, 14O-
80; mostly Las: U. s. No >. 1850:
Colorado red McCiures. U. S. No. !. 1.45;
North Dakota Bliss Triumphs. 40 per
cent U. s.. No l. 1.25; Early ohios. IS
Ees,;sl. Per cent y: 8 No: !: LA; Minnesota
100; u. S; No: 2. 90; Warbus., 30 per
cent cent u 8. No. !: 1:0212;, Wisconsin round
Green Mountain U. S. No. /. 1.2O.
Evening star., 1937-11-21
DECLINE STILL SHOWN
IN STORE COLLECTIONS
BY the Associated Press

BY the Associated Press.
The Commerce Department says
September was the fourth consecutive
month in which charge account COL
1ections by department stores Jagged
behind last year.
The stores collected 42.5 per cent
OF the amount due on open accounts
during the month and 15.9 per cent
on installment accounts, compared
with 42.8 and 1865 per cent in Sep
tember, 1886.
Evening star., 1937-11-21

IN bankruptcy recevershp reorganzed under
the Bankruptcy Act
Rates OF dividends in the oresone table dis
oursements based the last
included ~ - " NAeAAN' sie no'
. Ex dividend rEx rights. Also extra b Including
extra or extras Paid last Payable
Or paid far this regular rate Cash or stocT
Z Accumuted dividend HIS wv
y Arrants XIV Without Warrants '' "" "A-
Evening star., 1937-11-21
SMALL DECLINE SEEN
IN TRANSIT REVENUES
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, Nov. 2O.-Revenues for
the transit industry for the week end
ing November 13, 1887, based on tele-
graphic reports received from rep
resentative group of transit operating
companies, showed a slight decrease
from last year.
Transit Journals revenue indicator
stands at 9719, which represents a
loss OF 2,8l per cent, as compared with
the corresponding week in 1896.
For the week ending November 6.
1887. the indicator was 10102.
After rise in the indicator last
Week-the first gain in few weeks
the indicator has dropped below 100
again. The losses were small ones
and distributed evenly throughout the
country.
Evening star., 1937-11-21
CLEARING HOUSE ISSUES
REPORT AT NEW YORK

BY the Associated Press.
NEW YORK, Nov. 20.--The weekly
statement of the New York Clearing
House shows:
Total surplus and undivided profits
unchanged at S894,9l6,3 800.
Total net demand deposits (average)
Increased S17607.000.
Time deposits (average) decreased
S5.313,OO0.
Clearings week ending today, So
39.767,535.
Clearings week ending November
l3, *s2,927,531,245.
Five days.
Evening star., 1937-11-21
NEW YORK PRODUCE.

NEW YORK. Nov. 20 LR.-Eges, 1875;
firm. Mixed colors: Special packs. 36I2-
"a, standards 29-3O: firsts, 26-2S: sec
onds. 22Ea-24; mediums. ~: dirties. No. l.
@lA; average checks. 1919. Refrger-
ators: Special packs 2Oa4-24a4; stand
ards. 20l2; f1rsts 1924: seconds. 1S12-19la:
1874
(92 score), 3S17. Other grades uncha nged
unchaneed
Dressed poultry steady to Arm Fresh
fboxes): Turkeys, Southwestern. 1921;
Maryland. 1881. Other fresh. all frozen
prices UNCHANGED
Evening star., 1937-11-21
NEW YORK SUGAR.

NEW YORK. Nov. 90 GR.-Raw sugar
was firm today at 345 for spots, estab-
lished late yesterday when 1000 bags of
Puerto Rcos sod nnnas to local local rsner from
sale Twenty-Five thousand bags of Cubas
were sold for January shipment at $50
to an operator: 1898 quotas were held at
e.35.
Futures were fairly active In thet No. 3
contract in the form of exchanging from
near to more distant positions No. 3
eased early but rallied partially and closed
net UNCHANGED to = points lower. Sales
were 25,50O tons including 2O.9O0 in ex-
chances. The No. closed " lower to "a
higher on sales of $50 tons.
Rnnre follows mo a.
Evening star., 1937-11-21
WOOL MARKET QUIET
AT BOSTON IN WEEK
By the Associated press

BY tne AsSoclated Press.
BOSTON, Nov. 20.-The wool mar
ket was slow the last week. Nominal
quotations on domestic woods showed
further decline as result of con-
tinued lack of domestic demand and
weakness in foreign wool markets.
Graded combing Ohio f1eeces were
offered at 1924 cents in the grease for
fine Delaine. 1886 for staple combing-
lengths half blood, 34-36 for three
eighths and 1886 for quarter.
Evening star., 1937-11-21
!. c. c. DENIES PLEAS
FOR MERGER OF PROBES
By the Associated Press.

The Interstate Commerce Commits
sion denied yesterday petitions asking
consolidation of the commissions in
vestigations of Southern class rates
and interterritorial rates between the
North and the South.
Ihe petitions, mainly from Northern
and New England business organiza-
tlons, asserted both proceedings in
volved identical questions.
The commission gave no reason for
denying the petitions.
Evening star., 1937-11-21

Raaned was unchanged at Alb to 4:s5
tor hne granulated, with only tair with.
6rawals reported.
Evening star., 1937-11-21

Live poultry. by freight. steady. Chick
ems. Rocks. 20; colored, %; Leghorn. 50.
mostly Leasorn s? toms Turkeys ea,, men 25-ss
Ducks. 90. So
.. BY express, steady. Chickens. Rocks,
81, Lsehorn; 21-22. mostly 81. Fowl,
Il-.n. mostly 90. Turkeys. hen, 25-27.
mostly ID; toms. 2O-23. mostly %.
The Washington times., 1937-06-03
Text of Presidents Message to Congress Flood Control Needs

session a complete picture Of i'm
mediate and long.term needs I
think its task in providing for
flood prevention and drought emer-
gencies would have been an easier
one.
For nearly year I have studied
this great subject intensively and
have discussed it with many Of
the members of the Senate and
the House of Representatives. My
recommendations in this message
fall into the same category as my
former recommendation relating
to the reorganization Of the execu-
tive branch of the Government.
hope, therefore, that both Of
these important matters may have
your attention at this session.
(SigneO
FRANKLIN D. ROOSEVELT.
The White House, June 3, 1897.
The Washington times., 1937-06-03

chiefly in developing integrated
plans to conserve and safeguard
the prudent use Of waters, water
power, soils, forests and other re-
sources of the areas entrusted to
their charge.
Such regional bodies would also
provide q useful mechanism
through which consultation among
the various governmental agencies
working in the field could be eff
fected for the development Of In
tegated programs Of related activi-
ties. Projected programs would
be reported by the regional bodies
annually to the Congress through
the President after he has had the
projects checked and revised in
light Of national budgetary con-
Siderations and Of national plan
ming policies.
Consultative Mediums
When the National Planning
Board is established, I should ex'
pect to use that agency to coor
dinate the development Of re
gional planning to ensure con
formity to national policy, but
not to give to the proposed Ma
tional Planning Board any execu
tive authority over the construc
ton of public works or over man
agement of completed works.
Projects authorized to be under
taken by the Congress could then
be carried out in whole or in part
by those departments Of the Gov
eminent best equipped for the
purpose, or If desirable in any
particular case by one Of the re
gional bodies. There should be 9
close coordination Of the work
The Washington times., 1937-06-03

done by the various agencies Of
Government to prevent friction,
overlapping and unnecessary ad-
ministrative expense to ensure
the intergrated development OF
related activities.
Close Cooperation
There should be the closest Co
operation also with the develop
ing State and local agencies in
this field, particularly the State,
regional and local planning
boards and the commissions on
interstate cooperation which work
through interstate colnpacts rati-
fled by the Congress and through
interstate administrative arrange
ments.
And provision should be made
for the effective administration OF
hydroelectric projects which have
been or may be undertaken as a
part Of a multiple purpose water
shed development. The water
power resources Of the nation must
be protected from private mo-
nopoly and used for the benefit
Of the people.
Long Studied
This proposal Is in the interest
Of economy and the prevention OF
overlapping or one-Sided develop
ments. 1t leaves the Congress
wholly free to determine what
shall be undertaken and provides
the Congress with a complete pic
ture not only Of the needs Of each
one Of the regions but Of the re.
lationShip Of each Of the regions
to the whole of the nation.
If, for example, the Congress
could have had before it at thi'
The Washington times., 1937-06-03
I REGIONAL AGENCIES URGED
TO COORDINATE u. 5. PLAN

lcontrol must embrace not only
downstream levees and floodwayS,
and retarding dams and reservoirs
on major tributaries, but also
smaller dams and reservoirs on the
lesser tributaries, and measures Of
applied conservation throughout
an entire drainage area, such as
restoration Of forests and grasses
on inferior lands, and encourage
ment Of farm practices which d.
minish runoff and prevent erosion
on arabic lands.
Taking care Of our natural es-
tate, together with the stopping
Of existing waste, and building 1t
back to a higher productivity, is
a national problem. At last we
have undertaken q national policy.
Start at Bottom
But it Is not wise to direct every
thing from Washington. National
planning should start at the bot
tom or, in other words, the prob
lens of townships, counties, and
States, should be coordinated
through large geographical regions
and come to the Capital Of the
Nation for final coordination.
Thus the Congress would receive
9 complete picture in which no
local detail had been overlooked.
It is also well to remember that
improvements Of our national her.
itage frequently confer special
benefits upon regions Immediately
affected, and a large measure OF
cooperation from State and local
agencies in the undertaking and
financing of important projects
may fairly be asked for.
Any division Of the United States
into regions for the huSbandry OF
The Washington times., 1937-06-03

its resources must possess some
degree Of flexibinty. The area
most suitable as q region for the
carrying out Of an integrated pro-
gram designed to prevent floods
is the basin including the water
sheds Of pivotal river. But other
problems dependent upon other
combinations of natural economic
and social factors, may require q
somewhat different area to per-
NIT the most effective functional
program.
Plains Problem Cited
For instance, the problem Of the
Great Plains area Is q problem Of
deficient rainfall, relatively high
winds, loose, friable soils, and un-
suitable agricultural practices.
The natural area for solution Of
the Great Plains drought problem
is different from that for the So
luton of dynamic water problems
presented by the rivers which
traverse that area.
The rational area for admins.
tration of a great plains rehabilita-
ton program crosses the drainage
areas of a number Of parallel
major tributaries Of the Missis.
Sippi River.
It should therefore be kept in
mind that in establishing a region
for one type Of comprehensive
program, parts or all Of the same
area may be included in q diff
ferent region for another type Of
comprehensive program with the
result Of q Federal system, as it
were, Of programs and admins
trative areas for solution Of basic
ally different, yet interrelated
problems.
Neither the exact scope nor the
most appropriate administrative
mechanism for regional huS
bandry can at the start be pro
jected upon any single blueprint
But it Is important that we set ur
without delay some regional ma
chinery to acquaint US with oul
problem.
Seven REGIONAL Agencies
I think, however, that for thu
time being we might give conSid
Grafton to the creation Of sever
regional authorities or agencies
one on the Atlantic Seaboard; (
second for the Great Lakes ant
Ohio Valley; a third for the drain
age basin of the Tennessee ant
Cumberland rivers; q fourth EN-
bracing the drainage basins of tn
Missouri River and the Red Rive
of the North; fifth embracing
the drainage basins Of the Arkan
Sas, Red, and Rio Grande rivers
a sixth for the basins Of the Cole
RADIO River and rivers flowing int
the Pacific south Of the Californis
Oregon line, and a seventh for tn
Columbia River basin.
| And in addition should leav,
undiSturbed the Mississippi Rive
commission which is well equppet
to handle the problems inmedi
ately attending the channel o
that great river.
Apart from the Tennessee Val
ley Authority, the Columbia Val
ley Authority, and the Mississippi
River Commission, the work o
these regional bodies, at least IL
their early years, would conSiS
The Washington times., 1937-06-03

regional machinery to acquaint
us with our problem"
OBJECTIVES NAMED
He added:
apart from the Tennessee
Valley Authority, the Columbia
Valley Authority. and the Miss
iSsippi River Commission, the
work Of these regional bodies, at
least in their early years, would
consist chiefly in developing in
tegrated plans to conserve and
safeguard the prudent use Of
waters, waterpOwer, soils, for
eSts and other resources of the
areas entrusted to their charge"
The language Of the presidential
message was explicit that Con-
greSs would be the final Judge OF
what should be attempted in each
area. Mr.. Roosevelt wrote:
This proposal is In the in
terest of economy and the pre-
ventiOD Of overlapping or one
sided developments. 1t leaves
the Congress wholly free to de-
termine what shall be under
taken and provides the Congress
with . complete picture, not only
Of the needs Of each one Of the
regions, but of the relationship
Of each Of the regions to the
whole of the nation"
FOR TRIBUTARY CONTROL
Further, the President declared
that the problem must be ap.
preached as one involving more
than great works on main streams.
Recent flood experiences have
demonstrated a need for control
all along tributaries and through.
out the entire headwaterS areas,
he said, in addition to obvious pro.
tective work at points where major
disasters constantly recur.
The whole system should be In
terlocking, Mr.. Roosevelt advised
Congress, SO as to set up a Fed
eral network "of programs and ad
miniStrative areas for solution OF
basically different yet interrelated
problems"
A national planning board
would be established to coordinate
regional development in conform
ity to national policy-with the
proviso this board have no execu-
tive authority over construction OF
public works or their management
when completed.
States and local agencies were
asked to give closest cooperation"
in order to prevent friction, over.
tapping and unnecessary admins
trative expense.
The Washington times., 1937-06-03
7 POWER ZONES URGED
CONTINUED from Page II

CONTINUED from Page II
owned power plants, however.
focused attention on the follow.
ing statement by the President:
"And provision should be
made for the effective admins
tratiOn of rO-eIectric pro-
jects, which have been or may
be undertaken as . part Of .
multiple watershed develop
ment. The water power re-
sources Of the nation must be
protected from private InOnOp-
oily and used for the benefit Of
the people"
SEVEN CONTROL AREAS
The seven proposed control
areas would be located as follows:
The Atlantic seabOard.
The Great Lakes Ohio Valley
territory.
The drainage basin Of the
Tennessee and Cumberland
Rivers. ....
The drainage basins Of the
Missouri River and the Red
River Of the north.
The drainage basins Of the
Arkansas, Red and Rio Grande
Rivers.
The basins Of the Colorado
River and the rivers flowing into
the Pacific south Of the CalifOr-
Mat Oregon line.
The Columbia River basin.
AS an eighth adjunct, Mr..
Roosevelt suggested that tn e
Mississippi River Commission be
undisturbed in handling the
problems Of that great central
channel.
President Outlines Ideas
The President outlined his ideas
from a long-range planning ap.
proach. It was understood Senator
George w. Norris CD of Nebraska.
father of the iva act, was pre-
pared Immediately to introduce a
bill reducing those ideas to specific
items of legislation.
After pointing out that floods,
droughtS and dust storms are in
a very real sense manifestations Of
Natures refusal to tolerate con.
tinued abuse of her bounties," the
President asserted:
"Neither the exact scope nor
the most appropriate admins
trative mechanism for regional
huSbandry can at the start be
projected upon any single blue
print. But 1t Is important that
We set up without delay some
The Washington times., 1937-06-03

and national planning author
titles tolloDs:
To the Congress Of the United
States:
Nature has given recurrent and
poignant warnings through dust
storms, floods and droughts that
we must act while there Is yet
time If we would preserve for our
selves and our posterity the nat
ural sources Of a Virile national
life.
Experience has taught US that
the prudent husbandry of our ma.
tional estate requires far-sighted
management. Floods, droughtS ana
dust storms are in a very real sense
manifestations Of natures refusal
to tolerate continued abuse OF her
bountieS.
Prudent management demands
not merely works which win guard
against these calamitieS, but care.
fully formulated plans to prevent
their occurrence. Such plans re-
quire coordination Of many related
activities. :,
For instance, our recent expert
ences Of floods have made clear
that the problem must be ap-
preached as one involving more
than great works on main streams
at the places where major dis
asters threaten to occur. There
must also be measures Of proven
ton and control among tributaries
and throughout the entire head
waters areas.
A comprehensive plan Of flood
The Washington times., 1937-06-03

The tert of the message Pres
tdeflt Roosevelt sent to Congress
today proposing q nettDork OF
regional potDer, flood control
and national planning author
titles JollotUS::
The Washington times., 1937-03-05
Tea Dance Follows the Ride

This charity event is an institu-
tion around these parts and for
weeks ahead of time Socialites
anXiously await the event.
There will be seven acts in all
containing any number of scenes.
The title of the Pageant is "Hoof
Prints" written by Capt. John
Reybold. None other than Lady
Gcdiva" with four ladies in waiting
will make her appearance during
the course of events. One particu-
larly difficult class will be the
hunt ride.
Cowboys and Girls
Eight cowboys and four cowgirls
will put on an exhibition of the
REAL wild West. There will be a
Maypole Dance and the Pages
Drill. Pegasus-the white winged
horse-and Bellerophon will also
step out of the pages of Greek
mythology into the Fort Myer Rid,
ing Hall.
The "Amazons" picked from
some of the taller gals) riding
gray horses with red names, are
sure to create an amusing mo,
ment, among the spectators. The
Wooden Horse of Troy will also
put in his appearance.
March 19 will mark the date of
the last Friday ride of the season
AL work will be concentrated on
the preparations for the circus
after that. AS yet the names of
the girls who will participate have
not been given out. They have
been selected through a process OF
elimination. Last year the circus
was called THE Winning of the
west"