davidaulloa/AmericanStories huggingface dataset:
Evening star., 1937-10-26
WHOLESALE INDEX
SAGS TO NEW LOW
Fertilizer Association Estimates
Average at 1913; Against
83.9 Previously.

With declines in farm products. foods
and industrial commodities outnum-
bering the advances, the wholesale
commodity price index compiled by the
National Fertilizer Association declined
last week to the lowest point yet
reached in 1887.
Based on the 1926-1928 average as
100, the index in the week ended Octo-
Der % stood at 1913. compared with
839 in the preceding week. 87.1 a
month ago and 1913 a year ago.
Lower prices for meats as well as
several other food items, which more
than offset the effect of higher prices
for dairy products, resulted in small
downturn in the food price average,
taking it to the lowest point recorded
since early last Summer.
Cotton and grains were somewhat
higher during the week, but receSsionS
in livestock prices lowered the farm
product price index to the lowest level
recorded by it since July of last year
A decline in the textile price index
followed the rise Of the preceding
week: the trend of this index has been
generally downward since last Spring.
A continuation of the decline in
scrap steel and non-ferrous metals
caused another drop in the index of
metal prices, making the sixth con-
secutive week that this index has
moved downward.
The only group index to register an
advance during the week was that rep
resenting the prices Of miscellaneous
commodities. with advances in cattle
feed prices more than offsetting de-
cline in rubber The building material
and fertilizer material averages also
fell off during the week.
Evening star., 1937-10-26
ADVANCE SHOWN
In ADVERTISING
Retail Lineage for Week Climbs
4.3 Per Cent Above Year
Ago.
Special Dispatch to The Star.

Special Dispatch to The Star.
CHICAGO, Oct. 26-Volume of ad-
vertising placed in newspapers by re-
tail merchants during the week ended
October 16 was 4.3 per cent greater
than in the corresponding week of last
year, according to a report released
today by Advertising Age, national ad-
vertising newspaper.
Retail display advertising in all of
the newspapers of 80 major cities is
the basis of this report. which shows
total of 25,492 ,693 lines for the week,
against 24,446,725 lines for the cor
responding week of last year, gain
of 1,045,9 lines.
For the first AZ weeks of this year,
through the reported period, retail ad-
vertising volume for the measured
cities totals 821 1,7O4,9 ,909 lines, against
705, ,903, 165 lines for the corresponding
period of last year, gain of 35,801, ,744
lines or as per cent over 1886 and 106
over 1885.
Increases in volume of retail dis
play advertising have been shown in
33 of the first AZ weeks of this year, the
publication stated.
Evening star., 1937-10-26

s5 Few Ters YGRa 4ffeu9f of today IA 20 eoarsa sg
held relatively steady on trade covering
No. was easier and at new low levels
for the season under more aggressive hedge
selling and LIQUIDATION. promoted by the
decline at London
MAY No. I which sold of to III. or
4 "a points net lower. was ruling around
l11i2 at the beginning Of the last hour,
when the general list was about points
net lower.
No. 3 was unchanged 10 / point net
lower. as March sold from 2.:}l TO go.
Evening star., 1937-10-26
Allis-Chalmers
Earns $2,644,588
I'm ThirdQ Quarter
By the Associated Press.


NEW YORK, Oct. 26.-Allis-
Chalmers Manufacturing Co, maker
of industrial and farm machinery,
with its main plant at Milwaukee, for
the September quarter reported today
net profit of $2,644,588 before the Fed
eral undistributed profits surtax,
equal to $1.49 common share
This compares with net profit of
S2,636.850 or sl49 share in the pre-
ceding quarter and S1,492, PIP or 96
cents share in the like 1886 quarter
For the first nine months, net profit
was $6,786, 1886 or $3.50 a common
share, against $3,5S0,813 or $3.50 a
share in the like 1886 period.
The company reported untitled or
ders of s25,233,936 on September 30
against $23,118,357 on June 80 and
Sl1,147,684 year ago.
Evening star., 1937-10-26
FINANCE CONCERN
SHOWS HIGHER NET
Commercial Credit Reports
S3,655,5O9 Profit for
Third Quarter.
By the Associated Press.

NEW YORK, Oct. 26.-Commer-
cial credit Co. of Baltimore. finance
concern, reported for the quarter
ended September 80 net income of
S3,655,50 equal after preferred div
idends to $191 share of common
stock. This compared with 1885, ,625
in the September quarter last year, or
SLIT a share.
For the nine months ended Sep
tember 80 net income was $40, ,755.784,
equal to S562 share, against S8.434.-
395 or S430 share in the 1886 period.
American Cyanamid.
American Cyanamid Co. reported
for the nine months ended September
80 net income of $4,235,957, equal to
S1.68 a share on the common stock.
This compared with $2,803,2 ,266 in the
corresponding period last year or Sill
share.
Ruberoid Co.
The Ruberoid Co., makers of build
ing products, reported net profit for
the September quarter Of 1881 ,042,
equal to 83 cents a share on 397, ,806
capital shares, compared with S398, ,036
or SO a share on 132,602 shares in
the like quarter last year. For the
nine months net profit was $805,470
equal to $202. a share on 397,606
capital shares compared with S607 ,861
or $453 a share on 132,602 shares III
the same 1886 period.
General Foods Corp.
General Foods Corp, nationwide
distributor of branded foods, reported
earnings for the three months ended
September 80 at S2,922, ,351, equal to
55 cents a common share, compared
with S3,773,272 or II cents a share
in the third quarter last year. For
the nine months ended September
80 earnings were placed at s9,791,2 ,274,
or sl.86 share, against S10,6l7200,
or S202 share, for the same period
last year.
Evening star., 1937-10-26
L0CKHEED "A" PASSES
GOVERNMENT TESTS
1ec!al plspatch 70 Nae star.

Special DlSpatcn TO Inc star
LOS ANGELES, Oct. 26.-Accord-
ing to Hall L. Hibbard, chief engineer
of the LOckheed Aircraft Corp, the
Lockheed IA" has been granted an
approved type certificate by the De-
partment Of Commerce after success
fully completing al Of the rigid tests
conducted by the department.
For the past two months the Lock-
heed IA" has been undergoing the
most exhaustive tests ever required
for an airplane
Actual flight figures revealed in
these tests show that the -ow model
is capable Of greater spec 1 higher
performance than prevou specified
and guaranteed by Lockheed engineers.
Evening star., 1937-10-26
PHILADELPHIA PRODUCE.

PHILADELPHIA, Oct. o6 lP,.-Live poul-
try, fowls. P R., 1925: mixed colors
22-23 White L ghorns fancy 1919:
average. l5-l1; old roosters. s: Leghorns,
II; pullets. Rocks. 27-2S Reds. 1925:
roasting chickens. 1920; Spring chickens.
P. r.. fancy. 25; ordinary 24-25; turkeys.
fancy young hens. 1925.
Dressed poultry unchanged.
Eggs. S,640 cases: unchanged
Butter, top grades, 33-4O94: 90. 36-36a4;
81 35i2
Wheat, No. . red winter. garlicky Oc-
tober delivery, LOTT.
Evening star., 1937-10-26
REGISTRATION STATEMENTS
By the Associated Press.

Registration statements for new securi-
ties FLED today with the Securities Com
mission included
T.. l. S. MANAGEMENT Corr, jersey. City;
n j., inves ment trust. g000nu Of
trusteed industry shares, for investment.
Affiliated Fund, Inc. Jersey City y. j.,
investment trust. S4.4SO.000 OF 81 -
par value common stock for investment.
Underwater Lord, Albeit G. Co.
Belden Manufacturers Co. Chicago,
S25S $50 Of $40 par value common stock.
for WORKING spltal and possibly for dlvi-
dend payments No underwater
Commonwealth Investment Co, San
Francisco. investment trust. - 3612.240
Of par value common stock for invest
mem Underwater. North American Sc
curitleS Co.
Wash, Sl5U,O0U Of 8 par value common
stock for debt payments and working
capital No underwater.
Evening star., 1937-10-26
Continued From Page 16.)
VOLUME OF SECURITIES
CLIMBS IN SEPTEMBER
BY the Associated Press.

BY the Associated Press.
Sales on all registered securities ex-
changes totaled S1,761 ,098.549 during
September. an increase of 37.9 per cent
over August but a drop of 6.4 per
cent under September a year ago.
Of the total, stock sales, including
rights and warrants, had value of
S1,6O1, 1921 in September, an in
crease of 43,1 per cent over August.
The stock sales aggregated 65,761,-
719 shares, or 70.5 per cent over the
August total.
The sharper increase in the num-
Der of shares than in the value Of
stocks sold apparently reflected de-
probation of values last month.
Evening star., 1937-10-26
CURB LIST HOLDS
TO NARROW RANGE
Gains and Losses Fairly
Evenly Distributed as
Close Nears.
By the Associated Press.

NEW YORK, Oct. 26.-Curb stocks
moved within a narrow range today
as the session neared the final hour.
Gains and losses were fairly evenly dis
tributed. with some of the higher
priced shares swinging a point or more
in both directions
A number of the more widely traded
In stocks held about even or had not
been dealt in at all. Oils and utilities
we're generally mixed, with most price
shifts held to minor fractions.
Sherwin-W Williams following publi-
cation Of an improved earnings report,
pushed up around 2l2 points and
Pittsburgh Plate Glass and Lake
Shore Mines added around a point.
Selected utility shares ran into mod
crate selling. Electric Bond & Share
and American Gas & Electric were off
around a point. Fractional losers in
cluded American Cyanamid "B," Ven-
ezuela Petroleum, Pan-American Air
ways and Pioneer Gold.
Evening star., 1937-10-26
FOREIGN MARKETS.

LONDON. Oct. &c lPl-Althoueh trad
ing in the stock market was restricted the
tone was steady al the close. Tobacco.
rayon, brewing and motors shares were in
good demand and the transatlantic sec
ton was generally higher. British FUNDS
and foreign bonds moved up. while the OIL
and mining sections we're mixed.
PARASITIC Bourse closed steady al
though government bonds sold under Tues
days prices. Rentes finished Slightly
lower. while industrial and lnternational
securities held firm. ROYAL Dutch gained
l30 francs and Suez Canal was up 30
francs.
Evening star., 1937-10-26

NEW ORLEANS. Oct IS QP.-cotton
futures opened TO points net nisheT
cables. covering and trade buying.
4 Washington advice saying the eEri-
duction Of approximately 5000. 600 acres
in the 1885 acreage helped early steadi-
ness.
S24: March. SOB; May. s 20. July, $50.
and October. S.32. Trading was quiet
after the start and near the end Of the
first half hour active positions were un-
changed to . points below the opening
figures.
Cottonseed oil opened steady: Deem
Der. 6.61b: January, 6.7sb; March, 6.19b;
May 6.S3b. Bid.
Evening star., 1937-10-26
GAIN SEEN IN ORDERS
FOR STRUCTURAL STEEL
By the Associated Press.

d tIIU F1soVIN ID ttI4 7 ~
NEW YORK. Oct. 26.-The Amer
lean Institute of Steel Construc-
ton reported new orders for fabricated
structural steel during September
totaled 1889 tons. compared with
117.612 in August and 1888 in Sep
tember last year. Shipments amounted
to 154.295 tons. against 1929 in Au-
gust and 145,521 in September, 1886.
Evening star., 1937-10-26

Stock ana Sales
Dividend Rate. Add 90. High. Low. Close.
Ygstn Stl D new s 1875 17$4 1875
Yukon Gold .12g 2 2 2
In bankruptcy or receivership or being
reorganrzed under the Bankruptcy Act Or
securities assumed by such companies.
Rates OF dividends in the foregoing table
are annual disbursements based on the last
quarterly or semi-annual declaration Un-
less otherwise noted special or extra divi-
dends are not included
Also extra or extras. Paid last year
Payable In stock Declared or paid 70
far this year. no regular rate: Dash
or stock. Accumulated dividend paid
or declared this year ww-With war
rants xw Without warrants. war War.
rants.
Evening star., 1937-10-26
TOBACCO SALES BRISK
ON VIRGINIA MARKETS
By The Associated Press.


RICHMOND, Va, Oct. 26.-Pur-
chases on foreign accounts we're heavy
at Danville yesterday as Virginia old
belt tobacco markets launched an
other week of trading.
A slight improvement in quality
was noted and sales were brisk on we'll
filled floors.
Quantities sold and average price
per hundred pounds at markets for
which official figures were available
Evening star., 1937-10-26
NEW YORK COTTON
Is the Associated Press.

F9 LHe AssOCIdLeu PTe5s.
NEW YORK, Oct. 26.-In quiet
trading cotton rallied today on local
buying, promoted by the action Of the
stock market At the same time,
Southern offerings continued light.
March advanced from 912 to 5.21
and in midafternoon was selling at
S15, when prices showed net gains Of
3 to points.
Evening star., 1937-10-26
so TONS OF LEAD SOLD.

NEW YORK, Oct. 26 (Py.-St. JOS
eph Lead Co reports so tons of pig
lead from Southeast Missouri mines
sold yesterday at s5.35 per 100 pounds,
ST. Louis.
Evening star., 1937-10-26
Washington Exchange
SALES-AFTER CALL.

Washington Gas Light pfd.-5 at 99h
at 99l4.
Washington Gas IS 1960-S500 at 1l2.
Mergenthaler Linotype-15 at 90. 10
at 90, 10 at 90, 10 at 20, at 20.
Evening star., 1937-10-26
MONEY MARKET.

NEW YORK Oct. % P.-Call money.
steady; l per cent all day. Prime COM
mercial paper. l per cent. Time loans
steady; 5000 days, ia; four-six months.
f1s per cent. Bankers acceptances un-
changed. Rediscount rate, New York Re-
serve Bank. j per cent.
Evening star., 1937-10-26
n. & w. Announces
Dividend of $3.50
On Common Stock
H1 the Associated Press.

BY tIb HsSOVIaItW FItsS.
PHILADELPHIA, Oct. 26.-The
Norfolk & western Railway today de-
clared a quarterly dividend of $3.50 a
share on the common stock, payable
December % to stockholders of record
December 8.
Evening star., 1937-10-26

and
definition the added letter to the last column
added letters
the twenty-five (22) automobiles shown in the
Automobile
1897 inclusive at the
northwest between
Washington Auomouve Trade
conducting this
Evening star., 1937-10-26
FREIGHT LOADINGS.

NEW YORK; Oct. 20 ,tPl.--Revenue
ing for the week ended October 23 in
Evening star., 1937-10-26
PONTIAC
STUDEBAKER
TERRAPLANE
WILLYS
ZEPHYR

appeared different will
appear prior
october 1887 later
with
twenty COO words "As to Why Automobile Show Should
Auomoive Trade
Washington, D.
is
will
published, and nc
deci-
and based correctness
solutions submitted the for
oaing 100
of duplicate win be awarded
the Automobile Show Section of The
addressed WASH
Trade Association 1427 street northwest Washing
ton, C..
Evening star., 1937-10-26
NEW YORK STOCK EXCHANGE

2:3O
and Sales Net
High Low Dividend Rate co. High. Low Close
43a. IL Zenith Radio Co. 80 22h 20 22 - u
9A 2ts zonte Prod-------. 31s 3A 3h + u
Approximate Soes of Stocks the NJ Y Stock Exchange
1900 AIM. 410000 1900 Noon----- 100000
100 P.M.------ 100000 200 PM.------ 100000
sActua sales. trading 10 shares.
reorganized
bankruptcy securities ned such companies
of n
ton Unless
included
dividend Ex rights Also extra extras Paid
Payable stock Declared paid this
year Cash stock Accumulated dividend paid de-
Evening star., 1937-10-26
FOREIGN BONDS.

Rio de Jan 6i7s 50 II II II
ww-With warrants. Xw-Without war;
rants n-New. Fst (stp)-Stamped
sNegotiability impaired by maturity.
fCompanies reported in receivership.
Evening star., 1937-10-26
INVESTING COMPANIES

NEW YORK, Oct. 96 lP-New York Sc.
,urity Dealers Association:
Evening star., 1937-10-26
MISCELLANEOUS
NEW YORK SUGAR.

rPlus extras e2eo extra f1lzes extra
! 15c extra. 50 30c paid June "A, 1887.
Evening star., 1937-10-26

Moon quotations.
Evening star., 1937-10-26
New Orleans Prices.

Spot steady: middiing, s.33.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-03-02
Italy Defes
Aiming Plans
For Britain

Rome, March q (AP) Fascist
Italy decreed virtual lifetime military
service today for all citizens between
the ages of 18 and 55 in direct chal-
lenge to the threat of Great Britain's
vast re-armament program.
Declaring "even the remote posi-
bility of limitation of ornaments now
has been definitely excluded" the
Fascist grand council plunged Italy
into the swift world arms race with
five-point plan to increase her ar
maments and war forces.
At the same time, the official COM
munique, issued after the near all
night session of the governing body Of
Fascism, stressed realistic" coopera-
ton of Italy with the Fascist bloc of
nations, particularly Nazi Germany.
In addition to what was generally
considered the direct answer to Bri-
fish re-arming, yelled hint to Bri-
tain to consider Italy power in her
foreign program. was seen in the
councils comment on the Anglo-Ital-
ian gentlemen's agreement.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-03-02
FREE TEXTS WILL
PASS DURING WEEK
Thus Another Campaign
Pledge of Governor
Will Be Redeemed
Daily Dispatch Bureau,
In the Sir Walter Hotel

Raleigh, March 2-Passed over by
the Senate last week, the free text
book bill sponsored by Governor Hoey
as redemption of one of his principal
campaign promises is certain to be-
come a law some time this week,
practically every experienced observer
here agrees.
The measure went through the
House without an opposing vote, and
it is the general opinion it would
have had almost as clear sailing in
the Senate had it not been tossed in
to that body while the revenue and
appropriation filters" were affecting
almost every set of senatorial nerves.
Now that the money and spending
bills are out of the way, return to
normalcy is indicated and with the
weekend rest to restore their usual
equanimity the senators are almost
sure to fall in with the governors
program.
The chief executive has lost none
of his enthusiasm for free textbooks
and is calmly confident there will be
no hitch in enactment of a law au-
thorizing them.
He has pointed out that the cost Of
the entire program is only what it
takes to operate the school system for
three days. He feels that this CON-
paratively small sum would be more
than well spent in providing free text
books.
Governor Hoey likewise points to
the fact that authority exists for a
bond issue to finance the project, all
that is needed is legislation directing
the issue. He adds that there is some
100000 available already, this being
a sum derived from rentals last year.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-03-02
Thinks When Re-Arma-
ment Program Is Finish
ed, United States
Will Be no Threat
WILLING TO LISTEN
TO LIMITATION PLAN
Japan Would Accept Invi-
tation Concerning That
Nation and United States,
if Made by Third Power;
Will Make No Such Over
lures Herself

Tokyo, March 2 (AP)--Admiral
Mitsumasa Yonai, minister of the
navy, declared today when ia
pans re-armament program for
the navy and the naval air force
completed, the empire will not
need to fear the United States for
three years.
The naval minister made his state
ment during a discussion of the tao
tics of naval war in the Pacific that
brought out such detailed points the
budget subcommittee decided to &C
into secret session to continue the
debate on the war appropriation.
Shortly before the admiral took the
floor of the adiet, the war minister
General Sugiyama, disclosed the ia
panese army was concentrating or
gas and other chemicals as war ma
terials to make up for numerical in
feriority.
Japan, the naval minister said, was
ready to accept an invitation from 6
third power to discuss arms limita
tons with the United States, bu
would not propose such parley I'm
less there seemed to be a definite pro
spect for an amicable settlement.
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-03-02
VALENTINE TALKED
FOR GOWRNORSH|P
Boosted for 1910 by Liber-
ais Who Lately Had
Meet in Raleigh
COOLEY ALSO TALKED
Fourth District Congressman May
Toss Hat Into Ring in Due Time,
Regardless of What Val
entine Does
COOLEY ALSO TALKED
Daily Dispatch Bureau.


Raleigh, March 2.-Itemous T. Val
entine, of Nash county, may be the
candidate of the Liberal Democrats"
of North Carolina for governor IN the
1910 primaries, according to reports
going the rounds here. 1t is known
that a group of liberal Democrats
who supported DR.. Ralph M. McDon-
aid for the Democratic nomination for
governor last spring and summer held
a meeting here last week at which
they discussed the outlook for the
coming three years and at which most
of those present decided that Valen-
tine seemed to be the best bet as their
candidate for governor in 1910.
Valentine was assistant campaign
manager and chief field general of
the Mcdonald campaign last spring
and summer and is admitted to have
a large following among the liberal
Democrats" in the eastern part of the
State However, until this meeting
was held last week, the belief in most
CONTINUED on Page Three.)
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-03-02
Loyuhsts
NabSbies
OUer Spain

Madrid, March 2.-(AP)-Spain's
government today rooted out spies
who had gained key position in it's
military system.
Thirty alleged plotters, including
the Marquis de San Vicente, were seiz-
ed at Valencia and many others were
arrested in. Madrid and the province
of Almeria.
The AImeria arrests were consider
ed of particular Importance. The in
surgent southern army is aiming for
that city in moving eastward from
conquered Malaga.
Official reports said. however, the
insurgents had fallen back before a
government counter advance, which
carried the government troops to the
vicinity of the Granada-Mortil high
way Motril, in insurgent hands, lies
about Is miles west of Almeria and
Granda is almost due north of Motril.
Continued on Page Six.D
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-03-02
CBv The Associated Press).

(By The Associated Press).
A concilitatory attitude by employee
and employer alike eased the tense
ness of disputes along the far-flung
strike front today.
Opposing forces clashed over wages
hours, union recognition and other
issues without resorting to physical
violence. In many instances indus
trial management exercised only pas
sive resistance to the sitdown strike
methods. Picketing generally was
carried on in orderly fashion.
The Carnegie Illinois Steel Corpora
tons decision to bargain with the G.
1. o. signailed the first such move in
years between the steel industry and
organized labor.
Conferees reported a cooperative
spirit existed at the first wage parley
between Phillips Murray, high C.. I. o.
official, and Benjamin Fairless, pres
Cont ned on Page FIve)
Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1937-03-02
COVernOrTO
Win In Fight
ForPensions
Counties Will B e
Saddled With Part
of Burden, Despite
Mr.. Ward
Daily Dispatch Bureau,
In the Sir Walter Hotel.
~ nACW IT'D VIII


Raleigh, March 2-Governor Clyde
r. Hoey has already made enough
members of the House "see the light
with regard to the administration old
age pensions and aid to dependent
children bill to insure it's passage by
the end of this week, probably sooner,
observers today were convinced, de-
spite the fact that Representative D.
L. Ward is still opposed to the bill as
passed by the Senate and is going to
continue to fight it.
Representative Ward is in favor of
reducing the size of the appropriation
for old age pensions and dependent
children by 100000, so that the
counties will not have to levy any ad-
ditional taxes to participate in the
CONTINUED on Page Four)