davidaulloa/AmericanStories huggingface dataset:
Evening star., 1938-11-18
Montgomery Ward
Earns S6,360,964
In Three Months
Profit Compares With
$6,238,230 Recorded in
Same 1887 Period
BY the Associated Press.

CHICAGO. Nov. 18.-Montgomery
Ward & Co., Inc. reported today net
profit for the three months ended
October 81 of s6.36O,964. as COM
pared with $6,238, ,23O for the cor
responding period in 1887.
After provision for class A divi-
dends earnings were $l.l5 per share
on the common stock, as compared
with $1.l3 for the corresponding
period a year ago.
Net profit for the nine months
ended October 81 was $ll 500 400,
as compared with SIS 5,287.874 for the
same period in 1887. This repre-
sented nine months earning of 81
a common share, as compared with
$2.73 for the corresponding 1887
period.
The company said that due to
change in the law charges for Fed
eral income and surtaxes were about
S500000 less for the current nine
months than would have been the
case with the 1887 law. under which
last years charges were provided.
Kansas City Southern.
Kansas City Southern Railway Co.,
among the first of major roads re-
porting for october, placed net op-
Grating income-before fixed charges
and other income-at $265 1852. COM
pared with $429,694 a year ago.
Gross income for October dropped
to $l,122,812 from $1,402,573 in the
same month last year.
Standard of Kansas.
Standard Oil Co. of Kansas re-
ported today net profit for the nine
months ended September 30, Of
$521.4 .497, equal to $4.74 share on
100 900 shares of common stock
This included profit of s24863 on
sales of fee land and royalties Net
profit for the first nine months of
1887 totaled s611 800, including s332,-
$50 profit on sales of leases. etc, and
after $4,000 reserve for contin-
gencies, equal to s453 a share on
l34,84l shares of common stock.
Evening star., 1938-11-18
|HomiIton Watch
Orders Dividend
IOf 40 Gents
By the Associated Press.


LANCASTER, Pa, Nov. 18.-Ham-
ilton Watch Co. directors yesterday
declared dividend of 40 cents on
common stock, payable December
Is to holders Of record December 2.
Dividends of Is cents we're paid in
each of the three preceding quar-
tiers.
The board also voted a Christmas
bonus of one weeks pay to all en-
ployes other than executives who
have been with the company one
year or more. To employees with
the company less than a year di-
rectors voted a bonus of one-twelfth
of one weeks pay for each month
with the company.
The bonus is payable December /.
AS of December 81 last the COM
pany had 1000 employees.
Evening star., 1938-11-18
Decline in Steel
| Rate Is Due at
Youngstown
Ry the Associated Press.


YOUNGSTOWN, Ohio, Nov. 18-
Slightly lower steel output in
this district is in prospect for
next week. The extent of the drop
is uncertain as some of the sched-
ules are subject to change.
Farrell Works of Carnegie Illinois
Steel Corp. which started this week
with II open hearth furnaces,
dropped to 10 and may go down to
6 next week.
Output this week was 63 per cent
and assuming that 10 furnaces will
continue at Farrell, operations next
week will be 81 per cent. Should
six open hearths operate there, out
put would decline to So per cent.
Republic Steel Corp, however,
may add to its five open hearths
here next week, bettering the per-
centage.
Evening star., 1938-11-18
Clearing House Group
To Meet at Luroy
'peeiaf Dispatch to the Star.

ebeSlhl OlepdtCQ 10 tUe StAE.
WINCHESTER. Va, Nov. l8.-
Many problems facing bankers under
new Federal and state regulations
will be explained at dinner meet
ing of the Regional Clearing House
Association at Luray November 81.
it was announced today by John I
Sloat, Program Committee chair
man.
Houston H. Newman, Edinburg
group president, will preside
Principal speakers will be r. w.
Knuckles. chairman of the Educa-
tional and Public Relations Com
mittee of the Virginia Bankers AS
sociation. and J. Hammond Siler, of
the bank relations department of
the Federal Reserve Bank of Rich
mond.
Banks of Frederick. Clarke. War
rem. Shenandoah and Page Counties
are members of the association.
Evening star., 1938-11-18
| Auto Production
|CHmbs Ahead
|Of Year Ago
By the Associated Press.


DETROIT. Nov 18-Reporting that
field stocks still are far below normal
with buying generally good" Wards
Automotive Reports today estimated
the current weeks output of the
automotive plants at 96,735 cars and
trucks.
Assemblies last week totaled sc, 800
units and those of this week a year
ago. 85,757.
The Thanksgiving holiday next
week may interrupt the succession
of progressive production advances
the survey said, but added that
present levels or better may be ex-
pected for the remainder of the
year.
Evening star., 1938-11-18
Money in Circulation
Eases Moderately
After Big Rise
Return Flow Of Gosh
After Holiday Cited
As Major Factor
BY the Associated Press.

BY the Associated Press.
The recent rise of money in cir
culation to almost unprecedented
levels was reversed slightly in the
week ended November l6.
The Federal Reserve Board said
money In banks and in the hands Of
the public declined s32 100000 to a
total of s6,732 10000 in that week.
For a few weeks before that. the
total was higher than at any time
except for the two weeks after the
national bank holiday in March,
1888.
Board experts said that the de-
crease probably was due to the re-
turn flow of cash taken out by the
banks and the public in the preced-
ing week in preparation for the
Armistice Day holiday. Circulation
customarily rises just before holi-
day and declines after it.
The circulation decrease, as we'll
as Treasury spending and gold pur-
chases caused an increase of $780,
600 900 to total of $3,260, 900 900
in the lendable excess reserves of
banks during the same period. The
increase brought idle funds within
$40 600 900 of the years peak.
The boards statement said:
During the week ended Novem-
ber l6 member bank reserve bal
ances increased $l3l 900 900. Addi-
tionS to member bank reserves arose
from decreases of s32,OOO,OOO in
money in circulation. $4,000, 900 in
Treasury deposits with Federal Re-
serve banks, $4,000, 900 in Treasury
cash and $1,000 900 in non member
deposits and other Federal Reserve
accounts. and increases of $7l,OOO,-
600 in gold stock and s2l 900 900 in
Reserve Bank credit. Excess reserves
OF member banks on November 16
were estimated to be approximately
$3,260 900 900. an increase of $780,
600 900 for the week.
Changes in member bank reserve
balances and related items during
the week and the year ended No
vember l6. 1888, were as follows Gin
millions Of dollars:
Evening star., 1938-11-18
Dixie-Vortex Orders
Interim Dividend
By the Associated Press.

By LnE ASSOCI8EeQ EEeSN.
CHICAGO, Nov. 18.-An interim
dividend of Is cents share on the
common stock was declared by the
Board of Directors of the Dixie-Vor-
tex Co. here. Payment will be made
January II, 1899, to stockholders Of
record January 6.
At the same session, the board
declared the regular quarterly divi-
dend of 62k2 cents a share on the
class A stock. payable January 3,
1899, to stockholders of record De-
cember 81, 1898.
Evening star., 1938-11-18
New York SUGAR

was ouiet and unchanged early today at
s.os M es Tor spots It's with no sales reported.
Futures held steady in quiet trading on or
further covering and buying believed to o.
:o7 and July. S.1s or UNCHANGED to !
point net higher. while May No. 4; solo
at Ill. and July from 1.12Ha to 1l3: OF
at midday held around these Levels.
Refined was UNCHANGED at ;4O-4. 81 iof
nne eranulated with resales still available
around AS.
Evening star., 1938-11-18
Reichsbunk Statement

BERLIN Nov 1s (P.-The Reichsbanh
statement as Of November. II lin thou
iation. zoos. 700: decrea,e, 2143OO. Gold
crease s64.4oo. other daily maturina
Of exchange and checks 6.755,7O0; de.
crease 264,3OO. Other daily meturin1
obligations, 94s 700: increase; 80. 500
Advances. $4,000: decrease. 5000. In:
vestments 54S.2OO: UNCHANGED. Ratio o1
gold and foreign currency to notes. IL per
cent. Rate OF discount. per cent.
Evening star., 1938-11-18
freight loadings Sag
To 636,710 Mark
During Week
Decline Of So Per Cent
Leaves Volume IT,
Below Yeor Ago

y The Association of American Rail
roads reported today 636,7l0 cars of
revenue freight were loaded during
the week ending last Saturday.
This was a decrease of 36,623 cars,
or "a per cent, compared with the
preceding week; a decrease of 49,2l6,
or 70 per cent, compared with a
year ago, and decrease of 244,807,
or 278 per cent, compared with 1880.
The report classified the loadings
aS follows.
Evening star., 1938-11-18
NEW YORK STOCK EXCHANGE

Unit Of trading 10 shares
receivrship reorganzed under
Bankruptcy assumed such companies
dividend disbufse-
declarations.
special dividends
cluded
So preference stock 25 share So
Declared Payable in stock. Peid
year stock / Accumulated paid
Evening star., 1938-11-18
Stock Issue Sold

NEW YORK, Nov 1S tSpeciaD -
Blyth &, Co.. Inc. announced today
that an issue of 10000 shares of
common S. Jck of Line Material Co..
offered at sl575 per share had all
been sold and the books closed
Evening star., 1938-11-18
Metal Market

steady: slsctrolytic. spot. 11.26; export.
1854. Tin steady; spot and nearby.
1880: forward. 1876: Lead steady; spot.
New York. 5.l0-15; East St. Louis 4o5.
Zinc steady; East st. Louis. spot and
forward, sos. Pig iron. aluminium an
tinony. quicksilver. platinum and Chinese
volframito UNCHANGED.
Evening star., 1938-11-18

International Hydro Electric Sys-
tenn deficit, nine months ended
September 30, was $181 .507. against
net income of $l,247,052.
Evening star., 1938-11-18

American Water Works & Elec-
|ric Co.-Power output of electric
subsidiaries In October decreased
per cent under October. 1887. In
o months decline was 20 per cent.
Evening star., 1938-11-18

The Associated Press seasonally
adjusted weekly index of freight car
loadings, based on l929-30 as 100.
was unchanged at 663, compared
with It's a year ago.
Range of recent years:
Evening star., 1938-11-18
Federal Lund Banks

NEW YORK. Nov. 1s (R,.-Federal Land
Rank hAndS.
Evening star., 1938-11-18
Montreal Silver

MONTREAL. Nov Is Silver futures
opened 100 advance. November. AZ. so bid.
Evening star., 1938-11-18
U. S. Treasury Notes

NEW YORK. Nov. 1s LP,-Prices quoted
In dollars ard thirty-seconds:
Evening star., 1938-11-18
Washington Exchange
SALES.
Washington Gas Light pfd.-l0 at
los.
AFTER CALL.
Anacostia e. Potomac Railroad SIS
$1,000 at 86.
Bid and Asked Prices
BONDS
PUBLIC UTTLrT,
MYAn,i.ANEOOa

MISCELLANEOUS
Chevy Chase Club 1st 4hs 104
Col. Country Club 1st 4lls 103
Ter. RI. g. VIII. Cor. 1st 4i4s 103
Henderson daily dispatch., 1938-02-01
TOBACCO Acreage
!. SOON Be ALLOTTED
1893 Agricultural Conser-
walton Program Be An
nounced Soon

College Station, Raleigh, Feb. 1-E.
Y. Floyd, AAA executive officer at
State College, announced today that
flue-cured acreage allotments for
farms under the 1888 Agricultural
Conservation program will be deter
mined at an early date.
The national, State, and county acre
age goals under the 1888 program Will
be groken down into farm allotments
which will be determined by the size
of the national crop needed to keep
the supply of f. ,-cured tobacco IN
line with der I'D
Floyd declared that growers will be
notified of their allotments as soon as
the individual farm quotas are deter
mined by local and county committee
men and approved by the State office.
If pending Congressional legislation
is enacted, it is likely that the 1888
poundage allotment, or marketing
Quota for a farm under such legisla-
ton, will be the normal yield per acre
for the farm times the number OF
acres in the farms acreage allotment
under the 1888 program, Floyd said.
Operators of farms for which a to-
bacco base was not previously estab-
lished under AAA programs are being
requested to report to their committee
men with information on their tobac-
co acreage and production in 1885,
1885, and 1887.
If tobacco was not grown in the past
three years, the grower is being asked
to submit his intended acreage for
this year, Floyd said. . ~
Henderson daily dispatch., 1938-02-01
SEED JUDGING AT
LEXINGTON, FEB. 8

College Station, Raleigh, Feb. L
Farm boys will get chance to exhi-
bit their skill in seed judging when
the fourth annual meeting and ex-
position of the North Carolina Crop
Improvement Association opens in
Lexington February 8.
Practically the entire first day OF
the two-day show has been set aside
for crop judging contests in which 4-H
Club members and students Of voca-
tional agriculture will compete, de-
clared A. D. Stuart of State College.
Winners in the judging will be hon
ored at banquet that night where
distinguished guests of the association
will make brief talks. L. r. Harrill,
State All Club leader, will award
prizes to members of his organization,
and Roy H. Thomas, State supervisor
of agricultural education, is schedul-
ed to hand out awards to winning vo-
cational students.
Both certified and uncertified seed
Of high quality will be on display at
the show, which is expected to draw
visitors from all sections of the State,
Stuart said. Seed to be shown are
corn, cotton, tobacco, Irish and sweet
potatoes, small grains, soybeans, cow
peas, and lespede. a. Cash prizes
amount to $3.50.
Henderson daily dispatch., 1938-02-01
Playmakers Are To
Give Four Plays

Chapel Hill, Feb. -Four plays on
varied subjects will be presented here
Wednesday night, February g. by the
Carolina Playmakers at their 52nd
production of Experimental plays.
They will be given in the Playmakers
Theatre at $3.50 o'clock and the public
is invited to attend, free to criticize.
The plays will be 'The Last Christ
mas" a thought-provoking drama OF
Death Row, by Noel Houston, OF Okla
homa City who as a newspaper CORES
pondent gathered his material from
first-hand observation; "Hit's Mans
Business" the third Carolina Noun,
tain play by Miss Lois Latham OF
Rainbow Springs; "And Darling Do
Be Tactful," a comedy of domestic
complications by Rose Peagier OF
Homesville, Georgia; and LAS TO
War;" an hilarious temperance play OF
pre-repeal days, by Lynn Gault, of
North Jackson, Ohio.
Henderson daily dispatch., 1938-02-01

On Governor Hoey's desk Monday
was small cloth bag of beans, that
came all the way from Idaho. "a
"Quick Cooking, Deliciously-flavor-
ed Great Northern Beans from South
ern Idaho, distributed by the Cham
Der of Commerce of Twin Falls,
Idaho)" read an inscription on the
sack.
Net dividends to the State from the
distribution of surplus commodities
through the Commodity Distribution
Division of the State Board of Char
tiles and Public Welfare are estimated
at $685., 38955 by A. E. Langston, di-
rector of the division. ~ y
Henderson daily dispatch., 1938-02-01
AYCOCK TOPS STEM.
HERE LAST NIGHT

Aycock high won two games from
Stem here last night in Henderson
gymnasium, the girls winning by a
1913 score, while the boys took their
contest 1872.
Aycock girls were delayed in reach
ing the contest, due to car trouble,
and the game was officially forfeited
to Stem, although played later in the
evening.
Miss Lowry was the best for Aycock
girls, scoring II points, while Miss
Tilley accounted for all of STEMS
points.
Fuckett led the boys with eight
points, and Bowen was the best for
the visitors.
Aycock will play Oak Hill next Mon
day night here in a double header
Oak Hill is said to have one of the
teams that Aycock will face
this season.
Henderson daily dispatch., 1938-02-01
Coaches Miller And
Harrison About De-
cided on Starting
Lineups

The basketball hopes of Henderson
h;oh school will be carried into a dou-
rleheader tonight in Roxboro as the
hiohs and the Person county teams
clash
henderson will be meeting two
strong teams, and will be pushed to
,bp limit if they hope for a winning
verdict.
Some Improvement has been noted
IN the toys' aggregation, after stiff
drT Yesterday, and Coach Bing Mil
ler is expecting them to play a better
came than they did here Friday night
AGAINST Chapel Hill. The mentor has
announced Johnson and Billy Aston
as starting forwards
Coach Bob Harrison will leave his
GIRLS team intact, and is counting on
Captain Evelyn Blake to carrying the
fioht to Roxboro. Harrison has one of
~, best girls aggregations at the
school in sometime, and they have
boon consistent in running up vic
tories.
Both teams are expecting plenty of
trouble tonight, and both are primed
for two wins.
Coach Miller has stated that he
would likely start Johnson and Aston
at forwards, Captain Edwards at cen
ter and Peace and Galloway at
guards.
Coach Bob Harrison's choice will
likely he Captain Blake, Houghtaling
and Mills as forwards, and Duke.
Huffman and Beasley as guards.
Coach Miller announced that Cap
Henderson daily dispatch., 1938-02-01
Capital Gossip
BY HENRY AVERILL
Daily Dispatch Bureau.
In the STR Whittier Hotel.

Raleigh, Feb. DIR. G.. G.. Critten-
den, secretary of the State Historical
Commission is very much interested"
in the reported clearing up of the Vir-
ginia Dare and the Lost Colony nys-
teries by means of the inscribed stone
now in the possession of Emory Uni
versity (Atlanta) officials.
''Our chief concern is that the work
of determining the authenticity of the
find made by California ink sales,
man on the Chowan be done by the
very best archaeologists", he said.
DR.. Crittenden would express no de-
finite opinion whatheF or not he be-
lieves the incident to be entirely on
the up and up.
There's always the chance of a
hoax" he said.
made by the Californian, however, are
not at all unusual, said DR.. Critten
den. He re,ated how D. L. Corbitt, of
the Historical Commission staff, dis
covered the earliest known edition of
the earliest known North Carolina
newspaper-the North Carolina GaZ-
cite, published in New Bern, Septem-
Der Is, 1851, by one James Davis. The
edition was mo. 49,, indicating that
it tegan publication in July, 1851.
Mr.. Corbitt was working on some
court records of the Colonial period
when he became interested in story
appearing on scrap of newspaper
pasted on the outside of the minutes
to keep them together. Wanting to
see what was on the other side, Mr..
Corbitt had the paper soaked off.
Wherrit was turned over the name
and date of the paper appeared.
incidentally the story which inter
ested him so intensely was about
man of the most surprising unac-
countable genius, one Sigmore Volan
tie who had completed 4 one of the
most astonishing and; completes
pieces of mechanism the world has
ever beheld.'R'. 1t was, the account said
a flying machine in the form OF a
bird with "a wing spread OF ~ 1eet
which could amount in the aim and
proceed to travel at the rate OF seven
leagues and hour.
Henderson daily dispatch., 1938-02-01

PHI o T 0 z l. A Y S
Henderson daily dispatch., 1938-02-01
UNC QUINT MEETS
CLEMSON TONIGHT

Chapel Hill, Feb. NORTH Carolina
starts down the homewood stretch of
its 1888 basketball campaign here to-
night with Clemson's snarling Tigers,
beaten only once in Southern Confer
ence play, as it's first obstacle.
The Tar Heels and Tigers are sche-
duled to begin hostilities in the Tin
Can at $3.50 o'clock The Carolina
freshmen and Mars Hill clash in the
preliminary at z.
Henderson daily dispatch., 1938-02-01
Both Teams Pinned For
Wins On Roxboro Court

tain Edwards, Aston, Lemay, Black
burn, Johnson, Gill, Peace and Gallo
way would make the trip, and Coach
Bob Harrison planned to take every.
member of his girls squad.
Henderson daily dispatch., 1938-02-01
Bulldogs And assies Play Roxboro Tonight In winBill

The Highway Safety Division has
received word from Police Chief Joe
Ruark that Wilmington is interested
in the Safety Council plan. Ronald
Hocutt, assistant director of the d.
vision, will probably visit the city on
the Cape Fear in the near future to
go into the plan in detail.
Henderson daily dispatch., 1938-02-01
Wife Preservers

Color applied to the ceiling Of
q room has a tendency to make
the ceiling seem lower. # your
ceilings are high and rooms
large, use q dark ceiling; IL cell
.ings are low and rooms srnall. 4
light ceiling Is best.
The Waterbury Democrat., 1938-10-07
Office Suggested for School Room

worth has been teaching In the HE
kone College, Hlkone. They are ex.
pected 10 reach seattle, Warrington
In two weeks and will vacation here:
Mr.. wigglesworth, . former local
resident, Is the son Of George wig
ellsworth Of Oak street.
To Make Plans
The Veterans Council win discuss
plans for Armistlce Day at q meet
ing TO be held ut the v. r. w. home
on Rubber avenue tomorrow At ii
q. m.
Can Earn Memberships
Again this year boys viii be given
an opportunity 10 earn their "Y"
memberships by selling Christmas
cards. Last year over 60 boys took
advantage Of this offer and enjoyed
full privileges at the "Y" for q year.
The cards have been secured as
an earlier date this year to give
boys plenty Of time to sell them.
Those interested are asked 10 re-
port at the "Y" ONCE either Mon.
day or Thursday afternoons.
The Waterbury Democrat., 1938-10-07
Lively Discussion
About Utilization
\ Of Quarters Ended
Relief From OvercrOwded Conditions Of Students
Aired at Board Meeting Committee Picked to
Make Survey to Determine What Might Be Done
NAUGATUcK
Correspondent. WIN. .. Bsxtsr-PhOne Naugatuck seas

Naugatuck, oct. IA lively dis
cussion concerning utilization Of
buildings or rooms to relieve over
crowding at the Naugatuck high
school marked the October meeting
yesterday Of the board Of warden
and burgesses. During the debate,
suggestions that Beebe street, more
OF the futile house, the high school
restaurant or even the superinterl-
dents office In the high school be
used for class rooms were made.
After some time, the board ape
proved a motion by Peter Meegan
that q committee consisting Of DR..
Charles 8. Kennedy, Emil Mann
weller leach Of whom were ardent
advocates Of action on the prob
lern) and supt,s Of, Schools Harold
Il. Chittenden, make 0 general sur.
vey Of schools, particularly the
futile house, In order TO determine
what might be done.
The unexpected discussion START
ed when Chairman Charles Roden.
back pointed out there are A chill
dren IN the fifth grade IN the
Salem school and asked what could
be done about them. Supt. Chit
tenden said he presumes he has the
authority to transfer tsome to other
schools but indicated he does not
want TO 60 to the extreme. Mr..
Manmweiler hen remarked that II
the room Is crowded, some trans
fers must be made and expressed
the opinion 1t Is q mistake TO try
to teach "a pupils In one grade.
Chairman Rodenbaca predicted
there would be opposition from par
ents Of those transferred. DR..
Charles Kennedy said seven from,
waterbury are going TO that school
and the board should act on these
first. Mr.. Mannweiler agreed and
said some action should be taken.
There Is only one Waterburian IN
the fifth grade In that school how
ever.
Mr.. Chittenden showed the board
names OF some pupils and said
there were six possibilities who
mtkht be transferred. He said
some are transported from Straits
vile and might be placed In a
school on the east side Of the town
and some are taken TO Salem from
Bristol Terrace. These might be
PLACED In Hop Brook now he iiadi-
caeed. He said In response 10 o
question from Mr.. Mannweiler that
Bone street was In good condition
but when the former asked II using
that building would not solve the
problem, Mr.. Chittenden said, u
wouldn't say 60"
Dr. Kennedy expressed himself
strongly In favor Of transferring
some pupils n fifth grade In Salem
school Is overcrowded. Mr.. Mann
weller asked, "Are we for the sake
of satisfying 10 per cent Of the stu-
dents there, placing o handicap on
the remaining students7" We should
not do this Just TO satisfy q minor.
ity, Mr.. Kennedy remarked.
When Mr.. Mannweiler remarked
that the schools IN Naugatuck are
primarily for the people OF Nauga-
tuck, Chairman Rodenbach. who
was an ardent advocate Of the de-
feated Junior high school proposal,
said that when Bristol Terrace resi-