davidaulloa/AmericanStories huggingface dataset:
Evening star., 1937-01-10
GASOLINE DEALER
MARGINS BOOSTED
Ohio Standard and Continental
Oil Announce Larger Profits
for IA States.

Special Dispatch to The Star.
NEW YORK, January e.-Thou-
sands Of gasoline dealers were bene-
fitted late this week by the announce
ment of several major oil companies
that they had signed the Ethyl Gaso-
line Corps new contract, which means
q fatter margin for jobbers and deal
ers on their sales Of premium fuel for
the service station men.
Following the lead of the Standard
Oil Co. Of Indiana, whose signature
to the new plan was announced in
the Gasoline Retailer on January 2,
announcements have been made by
the Standard Oil Co. of Ohio, conti-
mental Oil Co., National Refining Co.,
Pure Oil Co. and q group of midcon-
tinent refiners, which included the
Deep Rock Corp. At present National
Refining and Pure Oil are confining
their adoption Of the new contract to
the II States in Standard Of Indiana
territory.
Under the new agreement author
lied by Ethyl. the Gasoline Retailer
announced today, suppliers will allow
dealers n cent more margin on
premium gas than Is granted on regu-
lar and jobbers will have a margin
increase Of q Of q cent gallon.
Evening star., 1937-01-10
STAPLES ADVANCE
TO BEST AVERAGE
SINCE EARLY 1880
Expansion in Inventories,
Foreign and Speculative
Buying Lift Prices.
BY A. A. PATTON.
Associated Press Statisticiarl.

NEW YORK, January 9.-Contln-
ued demand in a broad selection Of
commodities, combined with frightened
supply conditions, sent the average of
staple prices up the last week to the
best level since early 1880.
Necessity of expanding inventories
to meet the looked-for prolongation of
industrial activity, heavy purchasing
abroad and speculative buying, es-
pecially in non-ferrous metals. were
ascribed by analysts as reasons for the
further upward thrust.
For the week ended January the
Associated Press weighted index of IS
commodities. based on 1926 as 100,
reached 90.16, a peak not touched
since April, 1880. That. compared
with 1922 for the previous week and
1913 for the same period a year ago.
Live Stock Higher.
Only food prices failed to join in the
climb. Agricultural, textile, nom
ferrous metals and industrial COM
modities all we're at their best for
1867. Live stock gained over the
previous week.
Europe's rapid rearmament had
much to do with the surge upward in
non-ferrous metal groups, where ex-
port copper and domestic zinc reached
new six-year highs. Stocks Of both
metals for immediate delivery were
said to be the lowest in years, with
requirements broadening.
Wool, rayon lines and cotton cloth
all advanced to lift the textile division
to good gain over the previous week.
Consumption and production held UP
well after the swing over into 1887.
with mills working at peaks to meet
orders.
In the agricultural division, oats,
cotton and wheat advanced although
corn was of from its seven-year rec
ord OF the week before. Here again,
potential European demand, together
with tight supplies, played part in
the upswing.
Rubber Again Rises.
Rubber which has swung sharply
up only to fall before profit-taking in
recent weeks, made another substan-
tial gain in the industrial classifica-
tion, along with coal, steel billets and
lumber.
Cattle, lambs and hogs were bid up
in the live stock division, but among
food staples a let-up in buying Of
eggs and consequent price decline
offset advances by flour, coffee, butter
and cocoa.
Tvbe ipdoy roponored aS follows
Evening star., 1937-01-10
RAIL EQUIPMENT
PROF|TSEXPECTED
TO CONTINUE RISE
Volume Up Sharply in 1886,
but Is Still Far Below
1929 Average.
Special Dispatch to The Star.

CpcCldl DlSphtSH W 1Hc SlHI'
NEW YORK, January 9.-After
the satisfactory earnings progress
made in 1886 by railroad equipment
manufacturers. the indications are
that 1887 will witness further i'm
provement, it is reported in Poors
industry and investment surveys.
Gains, however, will be modest in
terms OF the industry's production
capacity. There are exceptions, OF
course. chiefly in the accessory oivi-
sion. In the final analysis, railroad
purchasing power will determine fu-
ture orders for rolling stock and
equipment. Hence, such factors as
carloadings. passenger trafic. rate
schedules and wage legislation will
bear close watching.
New Business Higher.
Inspired by the rise in traffic and
operating revenues, domestic rail-
roads bought more new rolling stock
during 1886 than in any year since
the recovery set in," the report states.
For the II months through last
November, 354 locomotives, 10000
freight cars and 204 passenger cars
were ordered. Although this volume
looms large in contrast to the insig-
nificant business Of 1882 and 1888. 1t
falls far short of the 1929 average
annual purchases-l 400 locomotives,
100000 freight cars and 2.100 pas
senger cars.
Estimates of 1887 business vary
widely, although trade opinions all
agree upon further revival. Mean
while, equipment shares are generally
selling at levels which literally dis
count further improvement in earn
ings.
Manufacturers of parts and ac-
cessories, such as brakes, brake shoes,
trucks, track maintenance equipment
and signaling devices, face a brighter
outlook. This division of the lail-
road equipment industry already is
substantially ahead of the pay point
and gratifying earnings are being re-
corded.
A. A. r. Rulings Beneficial.
I'm addition to usual replacement
orders, manufacturers of cast steel
underframe members are receiving
supplementary business as a result of
the ruling by the American Associa-
ton of Railroads that arch-bar
freight cars will not be permitted in
railroad interchange after January /.
1888.
approximately 100000 such cars.
now in service on class roads, must
be rebuilt. Also, specification of the
new ABB brakes by the A. A. r. as
standard equipment on all cars by
1945 should stimulate earnings of air
brake and brake shoe manufacturers
Meanwhile. the rising trend Of
railroad trafic and the greater ca
pacity and power Of the new equip
ment are emphasizing the need for
more efficient road beds and signaling
Devices
Evening star., 1937-01-10
DISTRIBUTION VOTED
BY DIVIDEND SHARES
Srecial Dispatch to The Star

Srecial Dispatch to The Star.
NEW YORK, January 9-The Board
of Directors of Dividend Shares, Inc,
a mutual investment company, de-
clared quarterly dividend of cents
per share payable February 1, 1887, to
stockholders Of record January IS,
1897.
A year-end dividend of cents per
share was paid october 20, 1896; the
February l, 1896, dividend was ~
cents per share. Total dividends in
1896 were 12A cents per share.
AS of December 81, 1896, it was
stated that total net assets of Divi-
dend Shares exceeded $38, 400, 900.
Unrealized appreciation on invest
ments amounted to more than $13,-
100000.
Evening star., 1937-01-10
France Sets Fruit Quotas,
Japan Buys More u. S. Cotton

ton Jumped to 10000 bales In Novem-
Der, compared with $1,000 in October,
and $4,000 In November, 1885, the
agriculture commissioner at Shanghai
reported.
The September-No imports
of American cotton by Japan were
1000 this season as against 274,O00
last. Total cotton imports by Japan
were larger this season.
Wharf stocks of American cotton
there at 100000 bales were about
100000 above the previous month but
in line with the recent five-year aver
age, it was said. American cotton
was quoted at above II cents pound,
nearly cents more than Indian cot
ton, chief competitor.
Evening star., 1937-01-10
CLEARING HOUSE ISSUES
REPORT AT NEW YORK

By tNe A6S0CIated PfeSS.
NEW YORK, January 9.-The
weekly statement of the New York
Clearing House shows:
Total surplus and undivided profits
increased $40, ,999, 300.
Total net demand deposits (average)
decreased $37,203, 900.
Time deposits (average) decreased
SIG, ,905, 900.
Clearings, week ending today,
$4,037,21e,277.
Clearings, week ending January ~,
So, 962, los, $50.
sFive Days.
Evening star., 1937-01-10
SHELL UNION CHANGES
MARKETING STRUCTURE
,..X-

By the Associated Press.
NEW YORK, January 9.-Shell
Union Oil Corp. has completed q re-
organization and expansion of its
marketing structure along the Eastern
Seaboard, L. T. Kittinger, vice presi-
dent, has announced. New division
Offices have been established in Al
bany, Elizabeth, N. j.; Hartford.
Conn.,, and Portland, Me. c. e.
Smith, formerly Southern division
manager at Charlotte, N. c., was
named sales manager.
Evening star., 1937-01-10
BY the Associated Press.

NEW YORK, January s.-With the
order weigh anchor" the pleasure
boat industry yesterday cast on lines
for an assault on business records
hung up during the 1929 and 1880
yachting years.
Opening Of the thirty-second an
nual motor boat show was the start
ing gun in the 1887 race, and the
economic barometer's forecast of IA
vorable business conditions inspired
this industry, with its $165 900 900 in
vestment, to try for new high marks.
The small boat industry came close
to new records last year, completing
its best period since the beginning
of the depression, survey by the
National Association of Engine &
Boat Manufacturers disclosed. The
study. covering 66 boat builders,
marine engine and boating accessory
Evening star., 1937-01-10
FLUE-CURED TOBACCO
AVERAGE GOES HIGHER

By the ASSoclateu Press
NEW YORK, January s.-The av-
erage price Of u. S. type IL. grade
"B4F' flue-cured tobacco for the week
ended January was 20.4 cents q
pound compared with 20.2 cents the
previous week and 16.5 cents q year
ago, H. A. Stitch, tobacco economist,
reported today.
Evening star., 1937-01-10
Sir Willm0tt Lewis to Ciue
address at Bankers Meeting Q
Journalist viii Discuss
"Banks and Social
Welfare"

Sir Willmott H. Lewis, Washington
correspondent Of the London Times,
will address the District Bankers As
sociation at the Midwinter meeting
at the Willard Hotel Monday evening,
January 18, on THE Banks and Social
Welfare" The announcement, made
yesterday by First Vice President
Thomas J. Groom, aroused wide in
tereSt because of his broad under
standing of world affairs.
Born and educated in England, he
became an active journalist in Europe
and the Far East, being in China and
Japan during the Boxer Rebellion
and the Russo-Japanese War. He was
editor of the Manila Times in 1911,
served in France in the World War
and has been associated with the
London Times here for l6 years.
In the absence of President Karl
w. Corby, Mr.. Groom will preside,
Evening star., 1937-01-10
BY the Associated Press.

BY the Associated Press.
Two favorable developments for
foreign trade Of the United States
were reported yesterday by the divi-
sion of foreign crops and markets Of
the Agriculture Department.
Q) France announced new quotas
for fruit from this country in this
FIRST quarter Of 1897, under the re-
ciprocal trade agreement.
ca Japan increased purchases Of
American cotton.
The French import quotas call for
233 short tons Of oranges and S42,162
bushels Of apples from the United
States.
japanese imports Of American cot
Evening star., 1937-01-10
U. S. Steel Reports
Months Volume
AtPeak Since 1890
By the Associated Press.

By the Associated Press.
NEW YORK. January s.-United
States Steel Corp. reported today
shipments Of finished steel products
in December were the highest for any
month since May, 1880.
The latest total was 1,067,36 tons
compared with 8S2 .643 tons in Novem-
Der and SIS tons in December,
1885.
For all Of last year shipments
were 10,825,132 tons compared with
7,347,549 tons in 1885.
The May. 1880. total was 1907 7,385
tons.
Evening star., 1937-01-10
INVESTMENT COMPANY
STOCK AVERAGES GAIN

Special Dispatch to The Star.
NEW YORK, January 9.-The in
vestment companies common stock
price index advanced last week, as evil
denced by the averages compiled by
Distributors Group, Inc.
The average for the common stocks
for 10 leading management companies
Influenced by the leverage factor stood
at 24.48 at the close of January 8,
compared with 22.72 on December 81.
The average of the mutual funds
closed at 17.l8 January 8, compared
with 1851 at the close Of the previous
week.
Evening star., 1937-01-10
D. c. DEPOSITS RISE
S4O,348,6OO MORE
IN TWELVE MONTHS
$334,042,127 Total in 1886
Establishes AII-Time
Record Here.
HUGE GAIN OVER PEAK
SET IN 1929 SHOWN
New Figures Contrast With Only
$255,7S3,346 in Boom Year.
Climb Is Widespread.
BY EDWARD C. STONE.

Total deposits in the Capitals %
banks jumped during 1886 from $685.
693,346.85 to $334042, ,127.40, a spec
tacular gain of s4O.348, SCOTT, it was
disclosed in a survey completed yes
terday by Audley A. P. Savage, audi
tor of the National Savings g. Trust
Co. AS noted following the con-
troler's call, deposits here on Decem-
Der 81, 1886, reached an all-time high
mark. Better still, was the record
hung up by the Washington banks in
the last six months of the year, when
deposits advanced S27,628, ,382.49.
Comparisons carried back to the
Wall Street boom are equally inter-
esting and show that deposits are way
ahead of the highest figures in 1929.
The high point that year was on De-
cember 81, when the banks had $685.
783, ,34685 in their vaults. AS the de-
preston spread, deposits revealed
heavy recessions. The figures brought
out now not only picture complete re-
covery but great deal of progress
into new ground by these financial
institutions.
Yesterdays analysis shows that with
three exceptions all the banks in the
city increased their deposits in the
last half of 1896. AS group the
national banks recorded the largest
gain, with a pickup of s17,78O, ,7O2 33.
Trust companies reported an aggre-
gate gain of $1,000, ,66414, while saw
ings bank deposits were up s1,787,-
0l602.
Deposits on December 81, 1886.
According to Auditor Savage's COM
pilation. aggregate deposits in Wash
ington banks on December 81, 1896.
the date of the controllers last call,
we're:
Evening star., 1937-01-10
,tal -- s334,O42, ,127. 40
Retail Trade Holds Up Well.

Retail trade in Washington depart
ment stores during the last week was
383 per cent better than in the cor
responding week a year ago and vir-
tually on a par with the previous
week, the Department of Commerce
reported yesterday in the weekly re-
view covering So important cities.
Bank clearings in Washington for
the week ended January totaled
$24,981 ,057 for five-day week against
$18,767,0 ,009 in the four-day previous
week and $23,279,275 for the f1ve-day
corresponding week year ago. Six
teen building permits issued during
the week had total valuation Of ST.
O41 800, compared with IT permits
valued at s241, 500 for the comparable
week year ago.
In the rest of the fifth district re-
tail trade revealed slightly mixed
tendency, retarding effects Of bad
weather being partly offset by the
stimulant of January sales. Most Of
the cities in the district reported trade
as on moderately higher levels than
at the same time year ago. Charles
ton, S. c., was the brightest spot In
the territory.
Chapter Boosts Education.
President Paul j. Seltzer of Wash
ington Chapter, American Institute OF
Banking, announced yesterday that
the mid-Winter educational dinner,
for pushing plans for the second Sc
mester, will take place Tuesday eve
ming at the Raleigh Hotel.
J. Earl McGeary, chairman OF the
Educational Committee, will preside,
and the principal address will be
delivered by F. P. H. Siddons, secretary.
American Security & Trust Co. and
past president of the District Of Co
lumbia Bankers Association.
Short talks will be given by Presi-
dent Seltzer and Raymond B. Dickey,
dean of the faculty. G. Crawford
Turnbull, chief consul; Francis E.
Robey, chairman, Membership Com
mittee, and william H. Laughhn, first
vice president and chairman Of the
Program Committee, will present their
midyear reports.
Capital Traction IS sold on the
Washington Stock Exchange yester-
day at "a and Washington Gas IS,
1860, appeared on the board at 1876.
Capital Transit stock was in demand,
seven 10-share lots selling at 151a,
closing with IA bid and is asked. The
weeks final sale was in Potomac Elec-
trio Power 51a per cent preferred
at 113.
The first weeks trading in 1887 on
the exchange got away to fine start.
Fourteen different issues changed
ownership, two bonds and IL stocks.
Prices were strong.
Evening star., 1937-01-10
FOUR NEW BANKS OPENED.

CHICAGO, January Q (SpeciaD -
Four new banking Offices were opened
during the week, one each in North
Carolina, Florida, Michigan and Cali
fornia. according to the Weekly Bank
ing Market released by Rand McNally
Hanksrs' Monthly,
Evening star., 1937-01-10
JOINS STETSON BOARD.

NEW YORK, January 8 R.-d-
ward w. Scheer, president of the Gen.
trail Railroad of New Jersey. has been
elected o director Of John B. Stetson
Co., hat manufacturer of Philadelphia,
the COMPANY announced.
Evening star., 1937-01-10
FAILURES TOTAL RISES

There were 6S8 commercial failures
in November, the Federal Reserve
Board says, compared with GIL in Oc-
tober and 89S In November, 1885.
Carbon County news., 1937-12-17
STORE EQUIPMENT
MISCELL = ANEoJJS

Edwards Wolf ::; 4; 81. s:::: :sssi:: s:
one night that brought 8121.BO. Free formulas
and instructions. GET Edwards real coyote Scent,
GEORGE EDWARDS, LIVINGSTON. MONT.
Carbon County news., 1937-12-17
CHAPTER, XII

It was impossible for him to sit
waiting for her weeping to stop,
while her slim body shook con-
vulsively with her effort to suppress
it, and her breath jerked uncontrol-
lably in her throat. Her tunbled
hair made her seem a child; he had
never seen her look so small, so
fragilely made. And he thought he
had never in his life seen anything
so pitifully in need Of comforting.
He swore under his breath and
got to his feet.
For few moments he stood over
her, watching the movement Of the
freight in her hair. He could hard
ly prevent himself from touching
her; almost he stopped and picked
her up in his arms. But he was
telling himself that that was the last
thing she wanted.
He walked out little way into the
dark, and stood listening to the night
silence. He was still worrying about
the distant muffied sound Of concus-
sion which he had heard. It seemed
to him now that what he had heard
was unquestionably the sound Of a
gun-perhaps a gun fired near the
forgotten miners shanty at the up
per end of the gulch; but what he
could not imagine was who could
have fired it. He had assumed that
it was Lon Magoon who had killed
Marian's pony; but now he saw that
something was wrong. If Magoon
had fired upon Marian Dunn and
killed her horse he would not have
gone to the cabin at the head of the
gulch, but would have put long coun-
try between himself and them.
Therefore two men, not one, must
be prowling these hills. He thought
of Coffee's theory that there had
been third man at Short Crick-
and was worse puzzled than before.
(TO BE CONTTNUED)
Carbon County news., 1937-12-17
Safe Counsel: Use('hains
For B al V eatller Driving

CAFE counsel for bad driving
- weather, according to police
officials and safety engineers, is to
use tire chains. =.
This warning was issued today,
with winter driving conditions pre-
vailing, after the report of the Ma.
tional Safety council that 28,14O
persons died in traffic accidents
during the first nine months o1
1887, an increase of 9 per cent
over the same period last year.
With greater driving danger in
winter because of ice and snow,
police officials and safety en-
gineers warned that tire chains
provide the most positive anti-skid
and traction yet developed.
The Contest board of the Amer
lean Autono nobile association, in Of
fetal test No. 3143, conclusively
proved the greater margin of safe
ty and stopping ability provided
by Weed tire chains. Vividly il
lustrating their imperative neces-
sity on snow or ice, the AAA test
showed that chains, on rear
wheels only, stopped a car in 45.S
per cent less distance than when
no chains were used, and in &c.
per cent less distance where
chains were used on all four
wheels! - .=+
Carbon County news., 1937-12-17
Mustangs Of Texas Face Last Roundup;
Was Ideal Mount of Ranching Industry

It's the last roundup for the mus
tang Of the western range country.
Thoroughbred stock is fast replac-
ing the tough, ninble-footed horse
which was the pioneers staunchest
ally in creating a ranch empire
Sharply changed conditions have
nlinimized the Importance of the
horse in the modern live stock indus
try, with the result that the mus
tang = the Southwest's distinctive
breed of horse-is no longer in great
demand.
The vast ranches which once
stretched for miles across the plains,
urfenced and with indefinite bound
aries, have given way to compact
units, the largest seldom more than
a few thousand acres.
These smaller ranches. writes a
Del Rio, Texas, correspondent in the
Cleveland Plain Dealer, with new
methods of stock raising, and the
free use Of motor vehicles. have less
need Of the durable mustang which
Carbon County news., 1937-12-17

seeming to smoke with an angry
fire that came up behind. She her.
self had lighted that fire, long ago.
It was a fire that had driven him re-
lentlessly, making him rich; it could
have made him work for her all her
life-or. it could break him again,
and drive him up and down the
world. Suddenly he did not know
whether he loved or hated this girl.
'''Pn give you the same answer I
gave you in Inspiration" he said,
his words almost inaudible, even
against the stiffness Of the night.
IF you think that, you're a little
fool"
Still she met his eyes, so long, so
steadily, so knowingly that he WON
dered for an instant what was hap
pening, was going to happen, there
under the coyote moon.
Then he saw her face change, so
that she was suddenly pale, and
the umreadable light in her eyes
went out, and she was like little
girl. Abruptly she pressed her face
hard into her hands.
He made his voice as hard and
cold as the rocks that hung over
them. ''Now what?"
She answered in a muf1ed voice,
II was wrong-I am afraid. II
fail every one =" She lifted her
head and glanced about her, as if
she were seeing this place for the
first time. A black shape lay be-
side the empty dust Of the stream,
like great black bottle overturned
the carcass Of Marian's dead
horse. Suddenly the girl turned side
ways, and dropped her head in her
arms upon the blanket. She began
to cry, terribly, silently except for
the choke of her breath.
He sat down against a rock and
waited. The gaunt, dead rock-hills
leaned over them sadly cold and
silent, blackened by the twisted
ghost shapes of the parched brush.
And the coyote moon was pale and
old, no longer golden, but greenish,
like phosphorus rubbed on a dead
and frozen face.
Once she said, "But it's your
fault, too-that fail-your fault as
much as my own"
His answer was perfectly honest.
II don't know what you mean"
Carbon County news., 1937-12-17

was found to be so inexpensive.
Racing, with its constant call for
~blooded stock, has had a strong in
fiuence on breeding in the last few
years.
It may be significant that horses
in Texas today are valued at con-
siderably more than all the millions
of cattle or sheep in this stock
raising state.
Cattlemen are concentrating on
thoroughbred stables, breeding fine
horses for racing, polo and show pur-
poses. The mustang, a decidedly
"cheap" horse in contrast with the
spirited animal required for these
sports, may eventually suffer the
fate of the buffalo, say some stock
men. i;
Light and fast on his feet,
equipped by nature to pick his way
over the rockiest hills and through
brushy tangles. the mustang was the
ideal mount in the early days of
the ranching industry. 4