davidaulloa/AmericanStories huggingface dataset:
Evening star., 1938-04-20
Stock Averages
BY VICTOR EUBANK,
Associated Press Financial Write-.


NEW YORK, April 2O.-Oferings
ebbed TO a mere trickle in the stock
market today after leading industrial
shares had yielded l to more than 3
points of the April recovery gains.
Led by aViations, the market stiff
earlier selling dried up. But most
issues remained around the lows OF
the sell-off
Transactions approximatcd 100000
shares
Imitation" sentiment whipped up by
the recent disclosure Of President
Roosevelt's spending-lending plans
seemed to have subsided, for the mo-
ment anyway Selling encountered
poor support for industrial shares
which led the rally.
Among the losers were U. S. Steel,
Bethlehem. Anaconda Copper Ameri-
can Smelling. American Can. Du Pont.
General Electric. W0olWorth, Sears
Roebuck, International Harvester,
Texas Corp. Allied Chemical. West
inghouse Electric, International Nickel
and Chrysler
Most corporate bonds retreated with
stocks and major commodities. spurred
last week by the spending proposals in
Washington, generally set a narrow,
uneven course
Reports British group was en- route
to the United States to inquire into
possible aircraft purchases here helped
turn the spotlight on aviation shares
again. At one time Douglas. Booiny
and United Aircraft were up fractions
to about point in contrast with the
losses in most issues
Analysts held the market. on tech
nlcal grounds alone. was entitled to
come down from last weeks rally tops,
considering the extent Of the April
recovery and short-covering bv bears.
Demand for United States Govern
ment issues in the bond market was
the chief reminder in the market
place Of the hundreds of millions of
dollars in extra bank funds added
to the potential credit supply under
the administrations new recovery pro-
gram
However, analysts cautioned stock
market traders months may pass be-
tore the pressure of the huge total
OF idle bank credit and expanded
pump-prlming expenditures for public
works and loans might be felt widely
in leading industries.
Also calling for caution among
lnflation-minded spectators. brokers
said. was the possibility of more con-
gresslonal opposition to the spending
proposals than had been indicated at
first.
Slow progress of the revised tax bill
IN the Senate-House conference drew
untavorable comment from financial
quarters.
Evening star., 1938-04-20
FIRST BOSTON CORP.
BUYS ROANOKE BONDS
,r lie ASrncia.ed press


ROANOKE, Va, April 20-Sale of
a s5,000000 issue Of water works bonds
was made by the city of Roanoke
yesterday to the first Boston Corp.
of New York. Alternate bids were
submitted by five syndicates and the
one selected made the issue subject
to a discount of S34 sos. and gave the
30-year bonds a constant interest rate
of 224 per cent. The effective rate
of interest, taking the discount into
consideration. was 2.78833 over the
life of the bonds.
Proceeds from the bonds will be
used to purchase the Roanoke Water
Works System. A condemnation COM
mission valued the system at S4523,-
437, which the company has agreed
to accept provided the city adds
s76.563 for abandonment of all eX-
ceptlons and the right of appeal The
money must be paid into court on or
before April 30, the city to take over
after that date
After the bonds were sold, City
Manager w. P Hunter announced
that c. E. Moore. manager of the
Roanoke Water Works Co., will be
retained as manager for the city.
Evening star., 1938-04-20
CONSOLIDATED TEXTILE
ORGANIZATION FAVORED

By the Associated Press.
NEW YORK, April 2O.-Federal
Judge Henry w. Goddard indicated
yesterday he would approve the pro-
posed amended plan of reorganization
for the Consolidated Textile Corp.
which received the approval several
week ago of Peter B. Olney, jr, Fed
eral bankruptcy referee
Mr.. Olney heard proceedings in the
case more than two years.
Judge Goddard said the success of
the plan depended entirely upon the
early return of normal business con-
dltions in the textile industry.
The corporation, which has plants
in Raleigh, Burlington and Shelby,
N. c.; Lynchburg, Va; Pelham and
Lafayette, Ga; Henderson, KY, and
North Adams. Mass, would start
operations, if the plan is approved.
with current assets of S1044.l65.
against current liabilities of s493.933.
Total assets are S5l7l.l86. being
s94,654 in excess of the stated book
liabilities.
Evening star., 1938-04-20
FOREIGN MARKETS.

LONDON. April 90 QP.-Proit taking
was noticeable throughout the stock mar
Ket today and prices moved irregularly.
Fresh, buying was restricted by the ap-
preaching end of the account and a
renewal OF fears Of increased taxes un-
and tobaccos. British funds. rubber
shares and industrials sold lower and
domestic rails were quiet pending traffic
return: The oil and mining issues also
SOLD on Foreien bonds were mixed
PARIS P.-The Bourse closed with a
heavy tone, and price changes in the
International group were mixed Rentes
ana banking shares were weak and the
industrial section also finished Considerably
lower Roysl Dutch lost ~ francs.
LIVERPOOL CP,,-Wheat futures eased
lower Buenos. Aires prices and were un-
changed to sad net lower. Prices ad-
mand for Australian wheat.
Cotton futures declined in sympathy
with lower overseas markets and finished
to 5 points down. Bombay selling. May
liquidation and hedging were also factors.
Evening star., 1938-04-20

He graduated from Amherst College
in 1916: spent the next year in spe-
cial study at the Massachusetts Insti-
tute of Technology, and after a few
years service as Instructor of history
at Amherst College interested himself
in mining in Arizona and citrus ranch
ing in Salt River Valley, Ariz, which
interests he has maintained for nearly
20 years.
He represented the State of Ari-
zona in the Seventeen to Seventy
third Congresses, being a member of
the House at the same time that Ell
bert S. Brigham, now president of the
National Life Insurance Co.. was a
Representative from eVrmont. Mr..
Douglas resigned from Congress March
4, 1888, to become director of the Bu-
reau of the Budget, but he resigned
that post August 81. 1884. He has been
a trustee of Amherst College since 1895.
After resigning as director of the Bu-
reau OF the Budget he has been a vice
president and member of the Ameri-
can Cyanimid Co.
Evening star., 1938-04-20
CHICAGO GRAIN

CHICAGO, April 20-Stimulated BY
North American export purchases Of
100000 bushels. Chicago wheat prices
averaged higher today.
Foreign advices reported that If dry
weather were prolonged in Italy.
severe crop failure might result.
Despite corn export sales of 100000
bushel. corn futures Jagged
At the close Chicago wheat futures
were unchanged to ;, higher con-
pared with Yesterdays finish. MAY.
1874 a; July. 8214-3s; corn un-
changed to Is lower: May. 597.: July.
6l p and oats also unchanged to
ls off.
Evening star., 1938-04-20
U. S. RUBBER HANDS
DAVIS LONG TENURE
Stockholders Approve Contract
for $150,Oo0 Annual Salary and
Pension Agreement.
BY the Associated Press.

BY the Associated Press.
JERSEY CITY, April 20-Francis
B. Davis, jr., president Of United
States Rubber Co. since 1929, virtually
had the rest of his life's work laid
out for him today by the company's
stockholders.
Davis is 54 years old. The stock
holders, at the annual meeting. ap-
proved contract whereby he remains
as chairman and president of the
company for six years at an annual
salary of $150O00.
The contract, retroactive to Janu-
ary l, last, is renewable at the COM
panys option from January /, 1914,
to January l, 1949. Upon his retire.
ment. the contract provides for an
annual pension of $4,000, in return
for which Davis will continue to serve
the company in an advisory capacity.
For his part. Davis valves all par
ticipstion in the companys profit
sharing plan in the future. Under
the terms of the old contract Davis
would have received 1925, 900 this year
in salary and stock compensation.
Evening star., 1938-04-20
DAYLIGHT SAVING
TOBEC|N MONDAY
Stock Exchange Offices Here
Will Open Hour Earlier
Until September rs.
BY EDWARD c. STONE.

Daylight saving time goes into effect
In the Washington offices of New York
Stock Exchange firms next Monday,
the market opening at 9 o'clock in
stead of 10 until next fall. Notices
are now being posted in the board
rooms announcing the earlier opening,
which means that the daily sessions
will close at o'clock.
Daylight saving means more to the
brokerage district than to other ac-
tivities in the Capital Investment
firms, which have ticker news service
from New York, are also affected by
the change in time The Washington
Stock Exchange, however. remains on
standard time. sessions being called
to order at HIS daily.
Banking hours remain unchanged,
although banking officials have to bear
in mind the change Of time in the in
vestment markets. Orders for securi-
ties have to be placed with brokers
we'll before o'clock, if purchases are
to be made on the day they are re-
queSted.
Banks in the Capital also have to
take notice of the change in time at
certain OF the Federal Reserve banks
when they are transferring funds by
telegraph. President Hugh Leach of
the Federal Reserve Bank Of Rich
mond has sent TO the banks in WASH
lngton a schedule for the summer
season and also list of the Federal
Reserve banks which Will adopt day.
light saving schedules.
The list includes Boston. New York
Philadelphia, Atlanta and Chicago
On Saturdays 1890 is the time limit
on such transactions except at Chicago
and Atlanta, when 1870 will prevail
until September 25.
Taggart Accountants Speaker.
Herbert F. Taeoart. professor of
eCCountancV at the University of
Evening star., 1938-04-20

ana VICE CndNcel.
lor of McGill Un-
iversity. yesterday
was elected at a
special meeting
of policyholders
as the director to
fill a vacancy on
the board of di-
rectors of the
National Life In
surance Co.. left
DY the death OF
Charles P. Smith
of Burlington.
NJ r. Douglas
will be A years
Evening star., 1938-04-20
JOINS MKT. BOARD.

NEW YORK, April 20 tP.-Ken-
meth ]. Hanau, executive vice presi-
dent of the Wagner Baking Corp, was
elected a director of the Missouri
Kansas-Texas Railroad yesterday to
fill vacancy. Other officers were re-
elected.
Evening star., 1938-04-20
Futures Table.

Cash Wheat.
Cash wheat. No. > red. 70; No : mixed.
81 corn. No. | mixed SOL. No. ! VEL
low 6l-6ii q; No. 3. 5S-5H'7 No white.
so 4-Ja; oats. No ! white. 3G1.: No .
- 80, no rye, barley sales 65-s6: feed
I"-55, nominal: mailing, 6S-S6 nominal:
timothy seed. > 500. red clover. 80 0U-
$500: sweet clover, g.OO-1O.OO.
Evening star., 1938-04-20

the Census Bureau reported today fay-
seed crushed during the quarter ending
March 81 totaled 1S09lS tons compared
with 22S.904 in the corresponding quarter
year ago. Linseed oil produced totaled
125.5s7, 800 pounds. compared with l56.-
S1T.263.
Stocks of faxseed at mills March Fl
totaled 59.9Gl tons. compared with s5340
a year ago Stocks of linseed oil were ls4
165.644 pounds compared with 80. 395, 6i3
a year ago
Evening star., 1938-04-20

MiCIle an, VIII De
the guest speaker
at the April meet
ing Of Washing
ton Chapter, Ma
tional Association
of Cost Account
ants. at the Ham,
ilton Hotel tl-.
evening.
Prof. Ta95art,
VINO is Tempo
rarlly connected
with the Bureau
Of Foreign and
Domestic Com
merce. VIII speak
on establishing
Evening star., 1938-04-20

shar66
XEE dividend EX rights. Also
snare preference pre-
STOCK Declared paid far this year Payable
aSt year Cash Accumulated
declared this ~ |
r In bankruptcy receVershp being
BANKRUPTCY Act or securities assumed by
Rates OF dVdends the foregoing table
burSeTntS based
included ~ ~ '
Evening star., 1938-04-20
DOUGLAS ELECTED
BY NATIONAL LIFE
Former Director of Budget Fills
Place on the Board of
Directors.

MONTPELIER, Vt. April 90
Lewis Williams Douglas former direc-
tor of the budget of the United States.
and, at the present time, principal
Evening star., 1938-04-20
CUBA SHIPS LESS SUGAR.

NEW YORK, April 20 LP).-Cuban
sugar exports from January / to
April 16 totaled I'll 500 long tons.
raw value, a decrease of 78 per cent
from 836,946 tons in the like period
last year, Lamborn g. Co. reported.
Evening star., 1938-04-20
New Orleans Cotton.

NEW ORLEANS. April 20 OP-Cotton
followed a narrow and erratic trend here
today and traders were disposed 70 hold
on commitments pending further develop
mentS in WASHINGTON.
In afternoon trading Nav contracts sold
at 500. July 9.O2: October. oil and
December. 9.l3. one to three points above
the previous close.
Exports today were II lob bales.
Evening star., 1938-04-20
new YORK COTTON
BY .he Associated Press.

BY .fle ASsOClated Press.
NEW YORK, April 20.-Cotton
moved over a narrow range in quiet
trading today. The undertone held
steady on local and New Orleans
buying.
July sold up from 888 to 893 and
in midafternoon the market was 2
to points net higher.
Evening star., 1938-04-20

Allied Mills, Inc.-Common share
earnings. II months ended March 81.
were $1.03, against $2.70.
Evening star., 1938-04-20
LONDON DISCOUNT RATES.

LONDON April 90 R.-Money " per
cent. Discount rates: Short and 3-month
bills h Der cent.
Evening star., 1938-04-20

cost surveys. a subject of particular
interest in the light of recent legls-
latlon bearing on trade practices,
The Key West citizen., 1938-12-29
Key West conchs Replace
Poultry Nine; Double
header Scheduled For
Sunday

Monroe County baseball league
held its regular weekly meeting
last night.
It was agreed to drop Poultry
& Egg Co. nine and place Key
West Conehs in the vacancy. The
Conchs will not withdraw from
the Miami Winter League, how
ever.
Drawings were held for Sun
days games, which resulted in
the following: Trojans and Cuban
Club will play the first contest,
and Pirates and Key West the
nightcap. Opener will begin at
! p. m. and second game Is min
uteS after the first.
League play will continue un-
til the last of March. Each club
will play the other teams of the
league six times.
Misses VanesSa Collins and
Josephine Ubieta were named
as collectors at the gate.
Players who start with club
cannot play with any other team
until after the end of the Sched-
ule.
Present at the meeting we're:
M. Sanchez, president; Roy Ham
lin, r. Gomez, Domenceh, c. Her
nandez, A. Castro, Al. Acevedo,
G. Valdes, M. Varela, S. Thomp-
son.
The Key West citizen., 1938-12-29
USGA to Insist Amateur Rules Be
Upheld on Women's Winter Tour
lsnrrlnl ta The CltIrenl


NEW YORK. Dec. 29.--Word
that the United States Golf ASSo-
ciatlon would take active meas
ureS this winter 70 prevent South
ern resorts and cities from giving
special rates and other advant-
ages 10 women golfers of nation
al reputation has thrown the
sponsors Of a number of the win
ter circuit events into a panic.
Putting on women'S invita-
tioaal tournament has been enc
Of the most reasonable entertain
ments the resorts have sponsored.
The pros insist on having cash
The Key West citizen., 1938-12-29
HARDWOOD GAMES
TOMORROW NIGHT
PONCE DE LEON FIVE WILL
NOT PLAY HERE
THIS WEEK

Basketball doubleheader will
be played at the High School
gym tomorrow night.
First game will bring together
Park Tigers and Army. High
School and Seafood Grill will
meet in the nightcap.
Opening contest will get under
way at 7;30 o'clock.
Due to an error, it was an
nounced that Ponce de Leon High
School five would play the local
school varsity this Friday, but
this mistake has been corrected
to read that the upstate five will
play in Key West next Friday,
January 6.
League standings:
ISLAND CITY BASKETBALL
The Key West citizen., 1938-12-29

laid ON the line, but for years the
ladies have been making a South
ern circuit at no more expense to
sponsors than free golf. cock
tail parties and a discount on the
bill.
The USGA does not think that
the woynen'S winter tour is anna
teurish enough. and plans 10 in
veStigate each tournament this
winter 10 see that the rules and
regulations of that body are re-
Spccied.
The Key West citizen., 1938-12-29

lTo Bs continusdl
The Key West citizen., 1938-12-29
Reofganize Monroe County
Baseball League Last Night
FOLLOWING THROUGH
By AGUILAR

9Y k40V144A1k
ssssssssaesssssseessesss
Following is a review of base
ball games of the year prepared
by The Citizens sports statis-
tician. Pedro Aguilar. The review
will be a regular feature of The
Citizen until the year in baseball
has been charted:
The Key West citizen., 1938-12-29

Spence, Furlong. Covllle,
Lake. p Taylor. Furlong and
Lake; Bethel and AL. Rodri-
guez.
IuIY a.
The Key West citizen., 1938-12-29

CTill 7::3O p. m, Fridayl

NAAI .OV y Il.s CIAOdyy
Key West and Vicinity: Prob
ably occasional rains this after
noon; partly cloudy to cloudy
tonight and Friday; not much
change in temperature; moderate
eaSterly winds.
Florida: Mostly cloudy, scat
cred rains this afternoon and pos
sibly in north portion tonight and
in extreme north portion Friday
morning; not much change in
temperature.
TrolanS -------------------- 3 5 0
P1 Carbonell, Malgrat and AL
Rodriguez; Bethel and Navar-
ro.3
Troians ..---.-..-- all 2
Racardi Club -- o 6 5
WickeFs and Navarro: Rem
! dueles. Torres, Diaz and E
Garcia.
GTo Bs continusdl
The Key West citizen., 1938-12-29

Yesterday: The tUecpon, a Malay
kris belonging to Eliza beth S
father. is found in the ice cream
freezer.
The Key West citizen., 1938-12-29
THE ARMY POST MURDERS
-------- r., K;r0inin Hanson =


Katherine Cornish, myself, riS-
fling Elizabeth on q 1nid-UesteTD
Army post.
Elizabeth. Colonel Wrioht's
daughter.
Adam Drew, acting command
Ing officer.
The Key West citizen., 1938-12-29

Go Inningsl
Molina, Barcelo. Gates and /.
Rodriguez: J. CarboneIl and J..
Navarro.
July 81
Key West ------ ; Z S
The Western news. [volume] (Libby, Mont.) 1933-current, 1938-08-25

1t was in the rooms over the
saloon that two men lost their lives
when the building burned in the big
fire of 1906. They were Jack Null
Ian and Michael Brick. After the
fire Mullan's body was found near
the door to the building which he
evidently had reached before being
overcome. This door can be seen
at the extreme right Of the pic
ture. Bricks body was found w.
ing on the remnants of the bed he
had occupied, the bed having fallen
to the ground when the floor of the
second story gave way.
Moving down the street south
ward on what is now Mineral ave-
nue., old timers will remember that
the first little building was occu-
pied by the A. r. Gibson barber
shop, and next to it was small
confectionery run by Charley
Downing. The larger building be-
hind the telephone pole was res
taurant and next to it was the bare.
ly visible building housing the Ed
Brown jewelry. The large two story
building on the corner was occu.
pied on the first floor by Dave
Boyle with confectionery and 9th
The Western news. [volume] (Libby, Mont.) 1933-current, 1938-08-25
Will Let
II Z
AH Hi III
Two Contracts
In September
B. P. r. Calls for Bids ON
Project South and West
of Libby.
ONE FOR CRAWLING;
ONE FOR OILING

'
The bureau of public roads has
issued a call for bids on two prof.
ects in this district on highway
No. z. The first one is for the sur
facing with crushed gravel Of 1888
miles Of highway known as the
Pleasant Valley surfacing project.
1t starts at the end of the present
oiled highway south of Libby and
extends southwark for the distance
of 11.83 miles. Included in this
project will be the repair of the
damage done to the roadbed in GER
tain places by the flood waters of
last spring. There will be no oiling
at this time-only repair of flood
damage and surfacing with crushed
gravel Bids on this work are To-
be opened at 10 o'clock a. m. on
Friday, Sept. 2.
The other project for which bids
are invited is crawling and OIL
ing job on 1927 miles at Kootenai
falls. west of Libby. Specifications
call for surfacing with heavy base
course, inch material, and with
crusher run top course and APP
plication of two grades of asphalt,
known to laymen as bituminous
surface treatment. This is not an
oil mat Bids on this work are to
be opened at 10 o'clock a. M, on
Wednesday, Sept. 7.
The Western news. [volume] (Libby, Mont.) 1933-current, 1938-08-25
Above Illustration Will Recall to Old Timers Doys
When Libby Was Struggling Village in the Big Timber

Old time residents of Libby are
asked to turn back the pages of
memory's book and think of Libby
as it was at the turn of the century.
The accompanying illustration will
help to call to ones memory those
old-time days
The picture above was taken
about 1900 and shows Libby as a
struggling little village just getting
a foothold in the big timber on the
banks of the beautiful Kootenai
river. At that time the main street
of the town was on First street,
running east and west The white
building on the corner, in the CEN
ter of the view, was at one time oc-
cupied by the John r. Wall store,
but at the time of this picture housed
a saloon. The first building to the
west bearing the plainly visible
sign of the Commercial Hotel was
hostelry run by Adolph La Char
ity. The first building west of the
hotel had a dining room on the
ground floor, and there was a saloon
in the structure west Of the dining
room The quarters above the din
ing room and the saloon were used
by La Charity for hotel purposes
The Western news. [volume] (Libby, Mont.) 1933-current, 1938-08-25
Hard Rock Miners
To Play Here Sunday

After winning 10 games without
a loss, the Libby ball team fell into
a losing streak three weeks ago
and has dropped three straight, two
to Occur d'Alene and one to Roman
However, the team feels that it has
now got the best of the jinks and
is confident the players will again
hit their winning stride next Sun
day on the local diamond. AT that
time they will play a team from
Syivarite. There Is q bunch Of hard
rock miners at Sylvanite and it is
said they can not only knock down
the rock I'm the tunnels in great
shape but they are also top notch
in clouting out the little white
sphere for long distances. At any
rate, the Sylvanite miners will be
at Libby next Sunday to tangle with
the local aggregation. Game at $50.
Libby fans have been given some
fine exhibition of the national game
this season. They deserve the sup
port Of the fans.
The Western news. [volume] (Libby, Mont.) 1933-current, 1938-08-25
o Dedicote Logan
Memorial Park

The dedication of the Sidney NJ.
Logan memorial park is scheduled
for next Sunday, August %. The
time of the services will be 1900.
The program will consist of the
dedication address which will be
given by Cornelius F. Kelly, short
talk by Gov. Roy E. Ayres after
which M. D. Rowland, representing
Libby, will say few words. At this
point DR.. Harry McGregor, former
chairman of the highway commits
sion, will speak. He will be followed
by Lloyd Hague, who is the pres
ent chairman of the commission.
The meeting will close with the
eulogy by Ernest NJ. Child of Kali
ispell, who for more than 30 years
was Mr.. Logan's partner.
John Sherman of Kalispell, who is
in charge of the affair, says, IT am
extremely anxious that Libby and
Kalispell both send large delega-
tons. There is ample camping
ground and we would suggest that
they bring their lunches and spend
several hours together
Sidney M Logan fan, former KKaalliiss-
pell lawyer, spent great deal of
his time making it possible that
reads be built in this section of the
state. It is to his memory that this
park is dedicated. The park is To-
Gated on highway No. 2 approx
mately SO miles from Libby
The Western news. [volume] (Libby, Mont.) 1933-current, 1938-08-25

er lines OF merchandise, and by a
clothing store In the second story
a Miss Lewis ran rooming house.
The entire block pictured above
was burned by big fire on the
night of July 6, 1906. Only one
building was left standing on the
block, the little vacant building now
standing at the corner of Califor-
mia avenue and Second street, until
recently occupied by the Fred Bur-
bingham sash and door factory.
The white building further down
the street housed the John P. Wall
general merchandise store.
The walk in the foreground of the
picture was washed away in the
high water of 1916.
According to our informant, the
big lumber industry had not yet
reached Libby and the only saw
mill in the community was small
mill on what is now the Dolan prop
erty west of Libby.
The picture from which the above
cut was made was taken from Tho
depot platform. 1t is now the prop
erty of A. II. Gibson. Data for thi
article was obtained from him, Bill
ly Blew and Jimmy Reedy.