davidaulloa/AmericanStories huggingface dataset:
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-08-07
COUNTY FARM
TOUR TUESDAY
Full Itinerary for Second
Annual Event Is
Announced

The second annual Henderson
county farm tour will take place
on next Tuesday, leaving from
the county agents office on Third
avenue east at $3.50 o'clock in the
morning. and continuing through
the day until about 1 o'clock in
the afternoon.
Last year about 200 farmers,
business men and visitors made
the tour, and this year 4 larger
crowd is expected. The tour will
visit a number of county farms
and the varied agricultural pro-
gram being carried out in the
county will be seen.
The itinerary for the tour is as
follows: Leave county agents OIL
flee at 9::30 a. m.
Farm of John HudgenS, Dana
section, where single strand
electric fence keeping two sows
and pigs on n clover pasture Will
be seen. This is an expensive
type of fence, and is composed OF
only a single strand of chargc,di
wire. Jerusalem artichoke will
also be seen on this farm.
Farm of Lee Hill, Dana sec
ton. where an orchard inspec-
ton will be made.
Farm of w. S. Albritton, CHM
ncy Rock road, inspection of ter
racing and terracing outlet work
in a soil conservation program.
Farm of Joe Stroup, on old
Asheville road, where sandwiches
and drinks will be served by All
club members.
Mountain Sanitarium, where a
demonstration in orchard thin
ming will be given.
Farm of DR.. SzamatolSki, Fan
ming bridge, where an inspection
will be made of a dairy barn and
herd. The acre Of corn in the
contest will also be seen.
Farm of Frank Burgin, Mills
River section, where the baby
beef, All club project of Mary 10
Burgin will be seen.
Farm of J. r. Settle, where a
cucumber project will be visited.
J. T. Davenport farm. Here
corn planted for 10 successive
wears on the same ground with a
successful yield will be seen. This
corn is expected to produce over
100 bushels to the acre this year.
Evening schools were introduce
ed into France from England in
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-08-07
Hendersonville, Route 4

: HENDERSONVILLE (Rt. AZ,
Aug. 7.-Everyone who has rela-
tives buried at the Beulah Gene
terry here is invited to working
Tuesday, August 10. All going
are requested to please take tools
and prepare for a good days
work, for the cemetery is badly
in need of being cleaned.
Mrs. J. l.. Mace is spending a
few days with her sister-in-law,
Mrs. r. X. Orr, at the Patton Me-
mortal hospital. Mrs. Orr is re-
covering from an appendix oper-
alton.
Mr.. P. S. Rollins of Chicago
was here Friday morning in the
interest of the Moody Bible in
stitute.
Mr.. and Mrs. S. M. Mace have
moved over on route 3 to the
"Uncle" Sam Sentell place.
Mrs. Gene Higgins has return
ed home after a stay of a few
days in the hospital where she re-
ceived treatment.
Mrs. Henry Robinson and two
children have returned from a
three weeks stay in New York.
Captain and Mrs. Patrick, with
several others, attended the asso-
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-08-07
IRON CAVALRY
TO Be TESTED
Will go to Front" in Ex-
pertinent Guided by
Two-Way Radio

OMAHA. Aug. 7. (UP). 1t
seems odd, but Il soldier can be
cavalryman in the army and
never even sit astride horse.
For instance: Two infantry
regiments will compose half the
strength of the provisional cav
airy division which will play a
vital role in the extensive 4th
army maneuvcrS scheduled to
open tomorrow. The battle" be-
tween the cavalry division, led by
Brig. Gen. Guy V. Henry, former
chief of cavalry, and his opposing
forces. the 35th national guard
division, led by Gen. Herbert j.
Paul of Nebraska, will see mech
anized horses" capable of 70
miles an hour, pushing far out to
the front. They report by two
way radio and are mounted with
80 and so caliber machine gun.
But of course there will be
horses. Horses will never be in
dispensable, say old army men.
Difficult terrain and adverse
weather conditions, neither COM
pletely conquered by motor We
hicleS, require the use of horses.
INFANTRY GOES BY TRUCK
As most of the infantry move
mentS will be by truck, there will
be a high degree of mobility in
the provisional cavalry division.
The performance of this unit will
be closely watched by army of
ficerS.
To those who like to think of
cavalrymen daShing over rise
of ground dealing execution with
sharp blows of flashing Sabers. it
will be a sad blow to learn that
no blades will be in evidence IN
the mounted division.
Photographers may curse and
descriptive writer's waggle their
heads TO this concession to mod
ernism, but the fact is that the
war department, three years ago,
ordered the horse cavalry to leave
the sabcrs at home. The weight
of the flashing blade can be util-
lied better in carrying ammuni-
tion or parts of machine guns.
FIRE POWER INCREASED
When the cavalry charges it
carries a great deal of fire power
in automatic weapons. But the
charge does not make good pic
tnres. but it makes the enemy
inst as uncomfortable and at a
longer range.
Cavalry officers say there never
will come time when cavalry
missions can be executed entirely
bv mechanized force. The latter
r,pst still eros deep streams by
bridges. Horse cavalry isn't wor-
r;ad a great deal if the enemy sets
off dynamite under every bridge
in the battlefield. Horses can
swim.
And they can march, too. A
few wears ago at Fort Riley, Kas.,
two regiments of cavalry did 100
miles i'm one day without losing
an animal. an unusual feat.
Generally. cavalry vii do its
work at the rate of % miles a
dav The mechanical cavalry will
work perhaps 100 miles to the
front, locating the larger bodies
of the enemy and furthering the
great. general mission of cavalry
security.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-08-07
OLD SALTS LOOKING
FOR BIG MONSTER

NANTUCKET. Mas. AUG.
(UP3-Fishcrman Bill llary.
last night reported sighting
"green sea monster" two nil
southeast of Nantuckc, Island.
Manville insisted that about
mile off starboard. my.,cro,
marine marauder reared It's bf,
head several times before SETH,
a seward course.
Unable to shake his story, boa
men and fishermen were on /
alert to catch a glimpse Of 4
monster" should it rcappcar
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-08-07
SOVIET PURGE
IS CONTINUING
Is Officials Executed;
Head of American Com
mittee Dismissed

MOSCOW, Aug. 7. (UP)-So-
Wet officials have executed 10
persons as Terrorist Trotskyists''
at Pyatigorsk, it was announced
today. In a trial before the mill
tary collegium Of the supreme
court they were convicted of
wrecking the Ordjonikidze rail,
road. setting fire to buildings and
causing train wrecks.
President G. Anesoglyan of the
American Central executive COM
mittee was dismissed from office
and expelled from the committee,
another announcement said.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-08-07
IVA WHITE COLLAR
WORKERS QUIT LABOR
UNION TO JOIN Clio

KNOXVILLE, Tenn, Aug. T.
(UP)-A second group of IVA
"white collar" workers abandoned
the American Federation of La
Dor and Joined the ClO yesterday.
The local of the American Fed
Grafton of Government Employees
at Norris, Tenn, composed of
IVA workers. voted to quit the
AFL and affiliate with the United
Federal Workers of America, a
CLIO unit.
The Knoxville local made a SIM
liar move Thursday and eight
other unions of IVA employees
were expected to join the John l..
Lewis group within two weeks.
called to hurt me. You couldn't
be so unkind, Phil"
He ignored that. His voice be-
came a small boys aggricved
shout. "Will you go TO Reno?"
Judith quietly hung un.
Ito be continucd)
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-08-07
BLONDES" BUSY

LONDON. (UP).-"Bucket shop
blondes" are the newest menace
to investors who with visions of
get-rich-quick profits are easily
parted from their money, it is re-
vealed, as the governments COM
mittee of inquiry into sharepush-
ers' operations has been slowly
gathering information.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-08-07

citation at Fruitland Tuesday.
A revival meeting is in prog
ress at the church here. 1t is be-
ing conducted by the pastor, Rev.
H. H. Mace, assisted by Rev. MIR.
Erwin, of Balfour.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-08-07
OPEN BOONE SPAN

WELDON SPRlNGS, MO. W.
The Daniel Boone bridge, most
expensive bridge constructed by
the Missouri state highway de-
partment, was opened here this
month across the Missouri river
on L. S. highway 40.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-08-07

NATIONAL LEAGUE
Chicago 1876, Boston CD.
Pittsburgh 3, New York 6.
st. Louis 10, Philadelphia 7.
Cincinnati 3, Brooklyn | might
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-08-07

Prior to 1890 designs for paper
money issued by the U. s. treas
ury were changed frequently.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-08-07
SOUTHERN ASSOCIATION
WhoWon
PIEDMONT LEAGUE

Portsmouth 7, Asheville 8 az
innings).
Charlotte 10, Winston-Salem 8.
Richmond 6, Norfolk ~.
Durham 16, Rocky Mount &.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-08-07

Brittle, cold-eyed Ray C. Ward,
alias Frank Fisher, told police
at the Los Angeles Jail, where
he is pictured, above, that he
was with" the gang that killed
Jake Lingle, Chicago newspa-
perman, in June, 1880. Fisher
was arrested with four others, a
short time after the crime, then
released. police said
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-08-07
SOUTHERN ASSOCIATION

Little Rock 3, New Orleans /.
Memphis 9, Birmingham 5.
Nashville 5, Atlanta /.
Knoxville Chattanooga, played
n doubleheader precious day.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-08-07
Where They Play
PIEDMONT LEAGUE

Asheville at Portsmouth.
Winston-Salem at Charlotte.
Rocky Mount at Durham.
Norfolk at Richmond.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-08-07
AMERICAN LEAGUE

AMERICAN LEAGUE
Boston 7, Chicago 3.
Washington 3, Detroit 10.
New York 7, Cleveland 6 90
(Only games played.)
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-08-07

NATIONAL LEAGUE
New York at Pittsburgh.
Boston at Chicago.
Brooklyn at Cincinnati.
Philadelphia at st. Louis.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-08-07

SOUTHERN ASSOCIATION
Atlanta at Chattanooga.
Little Rock at Birmingham.
Memphis at New Orleans.
Nashville at Knoxville.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-08-07

AMERICAN LEAGUE
Detroit at Washington.
st. Louis at Philadelphia.
Cleveland at New York.
Chicago at Boston.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-08-07

Evening schools were introduce
ed into France from England in
1920.
Evening star., 1937-10-22

Talk about style!. fabrics!
variety! gentlemen,
the Wonder topcoat collec-
ton is the LAST WORD in
all three! It's the biggest
in our history at S19.75!
Balmacaans, raglans, form
fitting coats we've got
them all! Tweeds, over
plaids, swaggers, velour
cloth, fleeces, worsteds!
1907 all-wool! And no
man stout or thin, large
or small will walk out of
a Wonder Factory-Store be-
cause we couldn't fit him
perfectly!
To top off the greatest top
coat values in town-we
offer them on the new 10
payment plan. Pay weekly,
or pay twice monthly! Cash
or budget plan-$19.75 is
all you pay! It's strictly a
deal between the maker and
you! No middleman i. no
in-between profits. Factory
to-you-now and forever.
Evening star., 1937-10-22
FRANCO BECOMES
ABSOLUTE DICTATOR
Given Right Secretly to Name
Successor-Expected to Sc.
lect Ministry Soon.
BY the Associated Press.

BY the Associated Press.
HENDAYE. Franco-Spanish From
tier, October 22.-Insurgent General
issimo Francisco Franco became today
absolute dictator Of insurgent Spain.
His decree. announced yesterday and
setting up a Fascist national council,
gives him the right to appoint all
members Of the council or the right to
replace them.
He also is given the right secretly to
name his successor as dictator.
The council will draft the general
plans for structure OF the insurgent
state, but executive power will be ex-
ercised by Frances ministers. Insur-
gents here said today he soon will
name his first ministry, with about 10
posts.
Evening star., 1937-10-22

under close observation at Gallinger
since then.
Travelling point upward. the pin has
slowly passed through her esophagus
and into the lower section of her stom-
ach. Constant watch will be MAIN
tanned to see that the pin does not
become stuck" or turn point down.
ward.
If the pin becomes lodged in the
girls stomach permanently a major
operation will be necessary. 1t was not
believed this would be necessary, how
ever.
More X-rays will be taken today to
see that the pin inflicts no internal in
jury in its descent. Mrs. Gilda De
Simone, Margie's mother. said the girl
has complained of no pain, eats like
any one else and is happy.
Evening star., 1937-10-22
Women Named
AsPOSt7rluSterS
In RasiO OIL to 4
BY the Associated Press.

BY the Associated Press.
One out of every four postmasters
appointed during the Roosevelt admin
istration has been woman.
William J. Dixon, superintendent Of
postmasters, said today that 7.108
women were among 28,092 postmasters
commissioned between March 4, 1888,
and October l of this year.
The woman executives are following
the example of Miss Mary K. Goddard,
who in IT'S was appointed head of the
Baltimore post Office under Postmaster
General Benjamin Franklin.
Her present-day successors range
from girls barely over the present min
Evening star., 1937-10-22

cording to Moscow reports. The prof.
ect provides for dam to raise the
Volga 96 feet above It's present level
About half the power will be used for
irrigating lands along the Volga, the
other half will go to Moscow and the
Ural industrial districts.
Evening star., 1937-10-22
Fossilized Bones Found.

In cemetery" of prehistoric ami
mails just found in the Kzyl-Kum Des-
ert near Aral Sea in Russia fossilized
bones Of dinosauers 40 feet long were
unearthed.
Evening star., 1937-10-22
GIANT CONVICTED
BY the Associated Press.

By the Associated Press.
AMHERST, Va, October 22.-
Jasper T. Mcneil. giant Bladensboro,
N. c., colored man, was convicted by
a Circuit Court jury here yesterday
of Staying C. P. Styers. At, Southern
Railway fiagman, last September 5.
The jury gave Mcneil the death
penalty. Judge Edward Meeks, pre-
siding Jurist. in passing sentence,
fixed the execution date as next
January Z.
Evening star., 1937-10-22
Volga Project Started.

Construction Of a group Of gigantic
power stations on the Samara Benda
Of the Volga River in Russia has just
been started. These stations will be
the most powerful Of their kind, ac-
Evening star., 1937-10-22
CHILD RECEIVERS
Henry Stocks Swallows Poison,
Thinking It Candy.

Henry Stocks, Is months old. 1927
Capitol avenue northeast. was romp-
ing about the house as usual today,
despite the fact he swallowed guam
tity of poison yesterday. He mistook
it for candy.
His mother, Mrs. Mary Stocks. dis
covering the accident, rushed him to
Casualty Hospital, where prompt meas
ures put him out of danger, physicians
said
Evening star., 1937-10-22

imum age of 21 to veterans like Miss
Mary w. Stewart at oxford. Md, old
est postmaster in the United States
in point of service. Now nearly 80
years old, she has held the position
since 1877.
Prior to 1900 there were compar-
atively few women postmasters," Dixon
said, but there now are more than at
any time in this country's history"
Highest paid of the group is Mrs.
Mary D. Briggs, appointed postmaster
at Los Angeles following the death of
her husband about year ago. She
makes $4,000 year (only the New
York and Chicago posts pay more) and
her Office. sixth largest in the Nation,
did bushes sof $10,426,078 last year.
Evening star., 1937-10-22
ESPITE the fact that an open
safety pin is lodged in her
stomach, Margie De Simone,

race. remained cheerful at Gallinger
Hospital today while doctors care
fully traced it with X-rays.
Margie swallowed two pins Tuesday
night when she laughed suddenly
during a conversation with her sister,
Roma Eleanor, while repairing a
dress. She was holding the pins in
her mouth at the time. She extri-
Gated one pin with her fingers. but
the second slipped down her throat.
Miss De Simone did not go to the
hospital that night. but waited until
Wednesday morning. She has been
Evening star. [volume] (Washington, D.C.) 1854-1972, 1937-05-13
JONES &LAUGH[|N
SLUMPS ON CURB
Labor Troubles Reflected.
Many Other Issues Go
Down ! to 5.
~ the Associated Press.

NEW YORK, May l3.-Labor trou-
bles in the steel industry were reflect
ed in the curb market today by wide
decline in Jones & Loughlin Steel.
The company is involved in strike.
The stock broke more than points
on comparatively small dealings. In
many other curb issues declines
ranged from l to S. Aluminium Co. of
America continued to show independ-
ent strength holding l-point gain
IN late trading.
The largest losers included Pitts
burgh Plate Glass, Acme Wire, Detroit
Steel Products, McWilliams Dre9ing,
American Cyanamid b" Northern
States Power "A" and Pan-American
Anyways
Evening star. [volume] (Washington, D.C.) 1854-1972, 1937-05-13
INSURANCE FIRM HOLDS
MONTGOMERY MEETING
Sre cial Dispatch to The Star.

Special Dispatch to The Star.
SANDY SPRING, Md. May "a
The Mutual Fire Insurance Co. Of
Montgomery County held its annual
meeting here and reelected j. David
Bale, Thomas D. Griffith, John A.
Jones and Samuel Riggs of r. di-
rectors to serve three years.
The holdover directors are Robert
E. l.. Smith, Frank D. Lezear. Floyd
E. Davis, G. Rust Candy, H. j. Pat
terson. Francis Miller, T. Poole Jones,
Joshua N. Warheld and J. Allan
Coad.
Directors reelected Frank D. Lei
GEAR. president; Allan Farquhar, sec
retary- treasurer; A. D. Farquhar, as
sistant secretary; Rowan E. Erb, Henry
w. Becraft, clerks: Robert E. L.
Smith, counsel; Robert E. L. Smith,
jr,. inspector. Charles F. Brooke pre-
sided.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1937-05-13
ELECTRICAL WHOLESALE
TRADE FAR ABOVE 1886

Special Dispatch to The Star.
NEW YORK, May l3.-Reports from
wholesale distributors of electrical sup
plies indicate that net sales during
ldarch exceeded those of March, 1886,
by So per cent, according to Electrical
Wholesaling's monthly survey of bust
ness conditions. They also showed an
increase of 81 per cent over February,
1887.
Stocks of goods in wholesalers ware
houses at the close of March were 81
per cent better than in March, 1886,
and y per cent in excess of stocks on
hand in February, 1887
Accounts receivable March 81 stood
IA per cent in advance of recelvables
at the end of February. and As per
cent ahead Of the figures for the same
period in 1896.
March collections were % per cent
in advance of February, and As per
cent improved over March. 1886
Evening star. [volume] (Washington, D.C.) 1854-1972, 1937-05-13
COMMODITY EXCHANGE
TO CLOSE SATURDAYS

by lie AooOIIdteu HteSS.
NEW YORK, May 13.-The New
York Commodity Exchange announced
today the exchange will be closed on
Saturdays from July to September
4, in accordance with the custom of
recent years
The exchange declared Saturday
May 20, a special holiday for the
metals ring, which includes futures
markets for copper, tin. lead and zinc.
There will be no interruption to trad
ing in hides and rubber futures on that
day
The New York Coffee and Sugar EX-
change will suspend trading in sugar
for the day on May 20, but will trans
act business in coffee.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1937-05-13
FOREIGN EXCHANGES

change steady; Great Britain in dollars
Others in cents. Great Britain demand
.a4I. cables. 4 a4'. Sn-day bills, al.
France demand, ASA cables 44Sis
Italy demand. 26i.; cables. 5.26I.
Demands-Belsium 1886: German,
free, 4O.l2: registered, 1850: travel
so: Holland "a 80: Norway 24s4
Sweden 254s: Denmark 20 O7: Finla nd
10: Switzerland. COCOA: Spain un
quoted: Portugal. $50: Greece al: Po-
land, IA 90: Czechoslovakis. 3 AZ. Yugo
slayia. pa: Austria. ls.15n: Hungary
u so; Rumania, IS; Areentins 30 a5n
Brazil, ss0i an, Toxic. 2s.S1: Shanghai
2g93: Hongkong. 30.15 Mexico City
- S.: Montreal in New YORK loo. cI7s
New York in Montreal 99.7SIs.
Nominal
Evening star. [volume] (Washington, D.C.) 1854-1972, 1937-05-13
Harvester Orders
Rise 80 Per Cent
Over 1896 Levels
BY the Associated Press.

HOBOKEN, N. j., May l3.-Inter-
national Harvester Co. completed the
first half Of its fiscal year, April 80,
with a 30 per cent increase in domes-
tic and foreign billings over the same
period Of the previous year, Sydney
G. McAllster, president, told stock
holders at the annual meeting today.
He revealed France has been the
largest foreign user of the company's
products, and said payments were
very satisfactory South America
also continues to buy good volume
OF farm equipment from the company,
he said.
In answer to stockholders in
quiry, McAllister described prospects
for motor truck business as very
encouraging, with further expansion
indicated.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1937-05-13
INTERNATIONAL PAPER
NAMES NEW DIRECTOR
B, the Associated Press.

BY the AhSoCldleQ f1eSS.
NEW YORK. May 13-Stockhold-
ers Of International Paper Co. yes
terday elected John H. Human a
director and reelected all present
directors for the ensuing years.
The annual meeting held at Corinth,
N. Y, was adjourned until July 81
without taking action on the pro-
posal to reduce the capital account
in respect to 100000 shares of COM
mon stock of the company from $3.50
a share to SIS a share.
1t was considered advisable, the
company announced, to postpone
action on this question until the parent
organiza ton, International Paper g.
Power Co, acts on plan for change
In capitalization.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1937-05-13
Germany Imposes
Special Duty On
Foreign Rubber
By the Associated Press.

By the Associated Press.
BERLIN, May 13.-Germany i'm
posed a special import duty today on
foreign rubber to assist domestic
manufacturers OF synthetic rubber and
bolster the third Reich's "four-year
plan" for self sufficiency.
The levy will be the equivalent OF a
little more than % cents a pound.
Ut was set at 125 marks, about $50,
per double hundredWeight)
Revenue from this special tariff will
be used for building synthetic rubber
factories, a costly process in which
the government, considering "ersatz'
rubber vital to the four-year plan, is
giving private manufacturers public
assistance.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1937-05-13

NICKEL EARNINGS
At ALL-T|ME PEAK
International Co. Profit oil
$11,714,956 Sets New
Quarterly Record.
EE the Associated Press.


NEW YORK. May l3-Profits Of
International Nickel Co. of Canada
for the first quarter were $l1,714,956,
the largest reported for any three
months in companys history.
They were equal, after allowing for
preferred dividends, to II cents a
share on the common stock, and
compared with S9,836,446 or 81 cents
share in the final quarter of 1886
and 1886, 1877 or 81 cents q share In
the March, 1896, quarter
Marlin Rockwell.
Marlin-RockWell Corp. reported
consolidated net income OF Deuenorw
for quarter ended March 81, equal to
s1.10 share on capital stock. This
compared with $245,063 or 70 cents
share in March quarter last year.
Company specializes in production
of ball bearings and has plants at
Chicago, Jamestown, N. Y, and
Plainville. Conn.
international Paper.
International Paper e. Power Co.
had f1rst-quarter net profit of
s1.746,577. or 10 cents a share on
the class "A" common stock, Richard
j. Cullen. president, stated For the
first quarter last year there was a
net loss of S402,674
The quarters profit, said Cullen,
was substantially more than was in
Guided for the first three months in
the budgeted earnings of 100000
for 1887.
The company has changed its
methods of valuing inventories, Cul-
len explained adding that unless
general business conditions change
radically from present trends, the
actual profits for the year, even on
the new basis of valuing inventories,
should exceed the budgeted figure"