davidaulloa/AmericanStories huggingface dataset:
Evening star., 1938-02-25
NET OF ATLANTIC
REFINING MOUNTS
$9,942,222 Earnings for 1887 Are
Largest for Any Year Since
1929 High.
Special Dispatch to The Star.


PHILADELPHIA, Feb. 25.-Net in
come of s9,942.222, the largest for any
year since 1929. is shown by the At
lantic Refining Co. in it's 1887 annual
report to stockholders. Capital OK
penditures for the expansion and i'm
provement Of operations totaling s33,-
982 900 were the largest in the history
of the company. Earnings per COM
mon share were $35l in 1887, as COM
pared with $3.50 in 1896.
OF the total capital expenditures
during the year more than $4,000. 900
was allotted to the department of
crude oil production. The daily aver
age crude oil production by the COM
pany in 1887 showed an increase of
more than 20 per cent over 1886. Total
1887 production was IL ,990. 900 barrels,
from the equivalent of 1879 wells, 3l2
Of which were completed during the
year.
In his remarks to stockholders, J..
w. Van Dyke, chairman of the board,
states that the company is continuing
the policy of making substantial ex-
penditures during 1888 for property,
plant and equipment that promise to
bring operations into better balance
and reduce costs.
Evening star., 1938-02-25
Tinlken DisclOses
SlO,837,366 Profit
In Twelve Months
BY the Associated Press.

BY the Associated Press.
CANTON, Ohio, Feb. 25.-The Tim
ken Roller Bearing Co. reported net
profits Of s1O,837, ,366.l1 in 1887. equal
to $40 per share. Cash dividends
during the year totaled Sl2,056, 900.
In 1896 net profit was $e,257,127.2O,
equal to 1894 share, and dividend
payments amounted to s9,042.675.
Assets at the close of 1887 we're
listed at s26.SS6, ,2o4.73, compared to
s29,912 2,38411 in 1896.
The report said 81, 800 900 was spent
on equipment during 1897 and COM
mitments were made for 100000 in
new equipment for this year.
The company announced that to
simplify accounting and tax problems
the Timken Roller Bearing & Sales
Co., wholly owned subsidiary. was
dissolved December 81. 1887, and the
business continued as a division of
the company.
Evening star., 1938-02-25
FOREIGN EXCHANGES,

NEW YORK. Feb 25 R.-Major Euro
pean currencies advanced today in terms
of the dollar as the latest series of Euro
pean political crises appeared abating
The pound sterling gained a Of a cent
and the French franc .01ss of a cent
The gHilder jumped .o5 Of cent and
, Swiss franc was unchanged.
The dollar was quoted 81 of q cent
lower at the finish at 5.O1ls.
Noon rates follow.
Great Britain in dollars others in
-, 80; 69sday l.. ",N;; France: de-
6.26ls; cables. 5.26la.
Demands: Belgium. 1929: Germany,
free, 4O.47: registered. 20.30: travel, "a. .65:
Holland: $500; Norway, 25:22ha:, Sweden.
25:ss: Ec1mark; s2.411a; Finland; 222A;
ssl 45s,a Greees .esH poland 1899:
msnia, .74ls; Areentins: SO 44n; Brazil
sass Aons ssn Kons o q Mexiee eensae,. clty,
$780,. Montreal in New York. 10000;
New York in Montreal. 10000.
Nominal
Evening star., 1938-02-25
LOWER NET REPORTED
BY LAMBERT COMPANY
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, Feb. 25-The Lambert
Co. reports for the year ended Decem-
Der 81, 1887, consolidated net profit,
after taxes, of $1.l52,l87. This is
equivalent to sl.54 per share on the
746,371 shares of capital stock out
standing.
Consolidated net profit for the year
1886 was 81 ,272, 1877, equivalent to $1.70
per share on the same number Of
shares.
The annual report for the year
ended December 81, 1887. is expected
to be mailed to stockholders tomor-
row.
Evening star., 1938-02-25
CROP CURB RATES
TENTATIVELY SET
II Cents a BusheI on Wheat
and "a a Pound for Cot.
ton Provided.
By the Associated Press

By the Associated Press
Farmers who comply with the new
crop control program this year will re-
ceive = Government subsidy Of "a
cents a pound on their cotton and IL
cents bushel on their wheat, Agri-
culture Department officials decided
tentatively today.
Payments for tobacco may range
from u a cent to IL cents a pound,
and for rice, .l25 cents pound.
The subsidies would be paid from
the s5o0,o0o, 900 fund which Congress
is authorized to appropriate for bene-
fits to farmers diverting land from
soil depicting to soil-building crops.
Rate for Potatoes.
The tentative rate for potatoes has
been set at cents bushel and pea
nuts z cent pound. No rate has
been determined yet for corn.
This years farm program inaugu-
rates q new method of making pay
ments to cooperating growers. Last
year they were paid on the basis of
the amount Of land they diverted from
the major soil-depleting crops.
Cotton growers. for example, re-
ceived S cents pound on the normal
production of each acre of land taken
from cotton. up to IS per cent of their
base acreage
This year growers will be paid the
subsidy rate on all crops produced on
acreages allotted them for each major
crop.
Penalties Provided.
Cotton growers who knowingly plant
in excess Of their acreage allotment
will be denied subsidies. providing
marketing quotas are invoked. Other
wise. 5 cents pound would be de-
Quoted for their surplus production.
Growers of other crops will be PEN
allied by means of deductions if they
plant in excess For instance, the
program as being drafted would pen
alize wheat growers 96 cents a bushel,
rice growers l cent pound, tobacco
growers from to IS cents a pound
and potato growers 80 cents a bushel
for that portion of their crop produced
on land in excess of their acreage al
lotments.
Evening star., 1938-02-25
EXCESS RESERVES
GAIN 90 MILLIONS
Banks Make No Further
Changes in Federal
Bond Portfolios.
p the Associated Press

p the Associa ted Press
The Federal Reserve Board said
yesterday excess reserves increased
$50 100000 to $1,410,000.0 900 in the
week ended February 49, This assured
a comfortable supply Of money avail
able for lending to business.
Total reserves of the banks increased
s24000,00 to $7,240 100000, prin-
cipally because of the putting into
circulation of s32.oOO.OOO of money
which the Treasury had on deposit
with the Federal Reserve System.
The Federal Reserve banks made no
changes in their portfolios of Govern
ment securities during the week, dis
continuing, at least temporarily, a
movement to reduce holdings Of long
term Government securities and to
increase short term holdings by an
equivalent amount.
Changes in member bank reserve
balances and related items during the
week and the year ended February %,
1888, were reported as follows:
TN millions Of dollars)
Evening star., 1938-02-25

CHICAGO. Feb. 25 R.-(United States
Department Of Agriculture .)-Hogs, H.
to 10 lower than Thursday's averase; top.
9.25:. bulk eood and choice 19O-22O
S.7O-p .O0: 27O-325 pounds s.35-65: pack.
ing sovs fully steady: good medium and
kinds up to 776. 'E..
Cattle, 1900: calves, 500; ali. classes
generally steady in cleanup trade; lqad
loads and lots light and medium weight,
S.00-s.o0; no choice heifers offered; load
S.bo and better with cutter grades mostly
4.25-5..5: good demand en for ,,I bulls; best
mostly around 900; choice strong weight
vealers, 11.00-50: ltsht weights, s2o-
1925.
Sheep, 1000. including 400 direct; late
Thursday's lamb top, $50: bulk e.25-4Q:
e5107 pound ave.e,se s1Q;S,s; tcdays "
ismbs. s,e0: BULK. e2b-lo: sheep stsady;:
rood to choice ewes mostly z.o6.
Evening star., 1938-02-25
BOSTON WOOL MARKET.

BOSTON Feb. 25 LP, Omitted States De-
partment Of .Agriculture).-A number Of
optimistic views of the near future OUT
look for the wool market today. In line
with these views. they were not Offering
current quotations rs they were in the
previous two weeks. Actual trading, how. :
irregular. Distress lots Of wools appar-
ently. were not appearing quite as fre-
QuentlV rs earlier In the week
Evening star., 1938-02-25
NEW YORK LIVE STOCK.

ment Of Aericulture) Cattle. 1880. in
Guiding 1.O1Q direct. Steers nominal.
Bulls. demand moderately active. market
6.7b: q few heavy sausage kind. 700.
Cows. demand fairly active market steady;
low cutter and cutter. 4OO-5, 80; a few
very lightweight down to $50; few COM
mon and medium grade fat cows. $50
5.25.
2.190 direct Choice vealers scarce. mar
ket steady: Gull and common lightweight.
S5O-e 90 No heavy calves available. mar
Sheep and lambs. 7.7sO, all direct mar
ket nominal.
Hogs, $500, including 1880 direct,
Market hisher; 14O-21O pounds. $40.
Evening star., 1938-02-25
|. B. M. Earnings
Reach $8,O82,5l2
Mark During 1887
BY the Associated Press.

BY the Associated Press.
NEW YORK, Feb. 25.-Interna-
tional Business Machines Corp. re-
ported today net income for 1897 of
$s,oS2,512 after provisions for blocked
foreign profits and Federal surtax on
undistributed profits.
This was equal to $10.42 a share on
1880 no-par shares and compared
with 1896 earnings of s7.552,956. or
$10.22 share on 738,934 shares then
outstanding.
Net current assets al the year end
amounted to s6.826,735. against S..
310,991 at the end of 1896.
Evening star., 1938-02-25
FOREIGN MARKETS.

.tdeq sPqHD2f ms2f:t rsS T., Is 9srr.ains in tn.
today but yesterds1.s M9he aefhs active sealS
street and settlement q Wsek end "al nl
counts TSn caused traders to move cautiousiS
lower with Chrysier selling 1is about eenersii! i!
down e one time, following Thurs6av::..
disappointing dividend afinouncemsyt
oils and industrials were In sood d.rn n.na ,n9
it British funds and foreisn bonds were
a0Pal PARisaaMofrice Rsisssaofi movement. 49,. -
in the Bourse with indVstriSls closinrm m,.eo ~
orally Aieher and rentes regftered nat
eains ot 90 to 26 .ceptipes. 1nes cans)
OF fractionAlly. ~
Evening star., 1938-02-25
REGULAR DIVIDENDS
DECLARED BY c. /. T.

Special Dispatch to The Star.
NEW YORK, Feb. 25.-Directors Of
Commercial Investment Trust Corp.
yesterday declared regular quarterly
dividend Of 81 per share in cash on
the common stock, payable April l.,
1888, to stockholders Of record March
10, 1888.
The regular quarterly dividend Of
Sl.06A on the convertible preference
stock. S4.25 series Of 1885, was also
declared, payable April I, 1898, to
stockholders Of record March TO-, 1888.
Evening star., 1938-02-25
Structural Steel
Bookings Slump
Well Below 1897
BY the Associated Press

BY the associated Press.
NEW YORK. Feb. 25-New busi-
ness booked by the structural steel
industry in January was less than
half the amount booked in January a
year ago, the American Institute of
Steel Construction reported today.
Estimated total tonnage booked for
the entire industry was 1853 tons,
compared with l53,8o6 a year ago.
Shipments in the same month to-
tailed 86,42l tons, against 99934 in
January, 1887.
Evening star., 1938-02-25
utOPrOductiOn
Drops to 56,677
Level for Week
BY the Associated Press.

DETROIT. Feb. Edwards Auto
motive Reports. Inc, estimated today
that the current weeks output of the
automobile factories would total 56,677
cars and trucks. compared with So, 100
last week and 1880 this week a year
ago
The statement said reports Of i'm
proving sales were coming from most
sections of the country, both in new
and used cars, adding that production
lis on verge of normal seasonal ad-
vance"
Evening star., 1938-02-25

r In bankruptcy or receivership or belns
reorganized under the Bankruptcy Act OF
securities assumed by such companies
Rates OF dividends in the fore going table
last quarterly or semi-annuaI declaration
Unless otherwise noted special or extra
dividends sre not included
Also extra or extras eDeclared or
paid so far this year no regular rate
Payable in stock sPaid last year
Cash or stock K Accumulated dividend
paid or declared this year wv With var
rants. Nv Without warranta var war
rants
Evening star., 1938-02-25
STOCK SEAT UNCHANGED.

NEW YORK, Feb. 25 CR-Sale of a
New York Stock Exchange seat was
arranged yesterday at $4,000. un-
changed from the previous sale re-
ported yesterday, and an increase of
s1l 900 over the 18-year low estab-
lished early this month.
Evening star., 1938-02-25
CURB LIST JOINS
BROAD RECOVERY
Specially and Utility Issues
Most Active Groups
on Upturn.
0y the Associated Press.

NEW YORK, Feb. 25.-The curb
market advanced over a broad front
today, with specialties and utilities
the most active groups.
st. Regis Paper preferred advanced
more than points on light sales.
Pacific Tin and Todd Shipyards
were each more than point higher
and trailing along for fractional gains
were Niagara Hudson. Northern States
Power "A" Pan-American Airways
Sherwin-Williams, American Cyana-
mid "B," and Electric Bond e. Share.
Evening star., 1938-02-25

b the Associated Press
The Association of American Rail-
roads reported today 535,97o cars Of
revenue freight were loaded during
the week ending last Saturday.
This was a decrease Of 1901 cars,
or 1.3 per cent, compared with the
preceding week; decrease of 49,
524, or PAT per cent, compared with
a year ago. and a decrease of 357,350,
or 40 per cent, compared with 1890.
The report classified the loadinss as
follows:
Evening star., 1938-02-25

Hercules Powder Co.-Declared 20
cents dividend on new ro-par common
stock, payable March 25 to holders Of
record March IA. ~
Evening star., 1938-02-25
This wk Last vk. Yr. ago.
aneous 1908 1927 -2.127 -s3, 736
ERIE RAILROAD SHOWS
SHARP DECLINE IN NET
r. the Associated Press,

CLEVELAND. Feb. 25-Erie Rail-
roads net railway operating income
for January fell to S2l7,933 from
sl,1s8,o12 for January. 1897. oficials
reported.
Evening star., 1938-02-25
ODD-LOT DEALINGS.
By the Associated Press.

day these transactions BY customers with
odd lot dealers or specialists on the New
York. Stock Exchange for February "a:
5,2os purchases involving 129. ITO shares;
4.444 sales involving 116,134 shares.
Evening star., 1938-02-25
Washington Exchange
SALES.

SALES.
Washington Gas Light pfd.-5 at 100.
AFTER CALL.
Washington Gas SIS 196O-s500 at ll6.
Potomac Electric Power 51aro pfd.-l
at 112.
Washington Rwy. & Eiec pfd.-lO at
11o12. 10 at HOE, 10 at l1ola, 10 at
1101a, 10 at 11Oh.
Capital Traction 5s-s1 900 at 70.
$1,000 at 70.
Evening star., 1938-02-25
Statement Is ISSUED
BY new YORK RESERVE

- the Associated Press.
NEW YORK, Feb. 25.-A moderate
increase in Federal Reserve notes In
circulation was reported today in the
weekly condition statement of the
Federal Reserve Bank of New York.
At $909,597,00 the item was up
about 100000, as compared with
the previous week. Member bank re-
serve account rose to $3,281 ,871 900
from $3,249, ,495 900. Holdings of United
States Government bonds were un-
changed. Total discounted bills showed
small gain.
Evening star., 1938-02-25

wu-With warrants xw-Without war
rants. New. st tstp)-Stamped
sNegotiability impaired BY maturity
fCompanies reported in receivership.
Evening star., 1938-02-25
FREIGHT L0AD|NGS
AT @,97O MARK
Small Decrease for Week
Leaves 24.7 Per Cent
Drop From 1887.

NEW YORK, Feb. 25.-The Asso-
ciated Press seasonally adjusted weekly
index OF freight carloadinss, based on
lo29-30 as 100. declined today 20
5s.2 { new 1888 low. compared with
5s.5 the previous week and 71.o
year ago.
Range Of recent years:
u,,, 1928. ess 1922. 1897. 1888. 1884.
Evening star., 1938-02-25
CHICAGO LIVE STOCK.

Also extra or extras.
G Declared or paid so far this year.
Evening star., 1938-02-25
u, S. TREASURY NOTES.
NEW YORK Feb. 25 R.-Prices quoted
in dollars and thirty-seconds.

NEW YORK BAR SILVER.
FEW YORK. Feb. as R.-Bar sill.
vet, AN, unchanged.
Evening star., 1938-02-25
FEDERAL LAND BANKS

NEW YORK Feb. 25 4R.-Federal Land
Evening star., 1938-02-25
Penalties Provided.
INVESTING COMPANIES

NEW YORK. Feb. 25 Rl.-Investment
Bankers Conference. Inc.
moon Quotations.
Evening star., 1938-02-25

"a r1inus item. owing to time dis
crepancy between setting UP credits on
Reserve Bank books for member banks and
credits)
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1938-03-17
FIRST BAPTIST
r. B. Holden, pastor
Corner First and Wash. st.

March to Church in March
Unified morning service.
1890 Worship service
1l:O0 Message by the pastor. Sec
ond in the series of four want
Ads" of the Bible. Wanted Men
Bring your Bible.
1870 Bible study in classes.
$50 B. Y. p. u. Young people in
vited.
7:30 Evening Gospel service. Song
service. Message by the pastor An
interesting hours service.
Wednesday evening in the church
parlors: Prayer and Bible study SER
vice.
We preach 1.-The Bible as it is for
men as they are" A hearty well
come awaits you in this house OF
God.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1938-03-17
MERITED HONOR

When the state of Ohio started in
few years ago to confer the degree
of Master Homemaker," through
its farm bureaus, it set a splendid
example. It is interesting to note
that numerous other states are
adopting the same innovation. Yet
1t strikes one as strange that the
country is just beginning to reward
woman for task she has been car
rying out in mastery way for
thousands of years. Since the be-
ginning Of time, women have been
the homemakers. There are dozens
right around Kennewick entitled to
be recognized as masters of the art.
But the only prize they seek is the
love and esteem of their families
and the respect of their neighbors
and friends. Is it different in this
day of bridge parties and tin-can
meals that prizes have to be Offer
ed to those who really know how to
keep a house and how to make 1t
worthy of the name Of home? It
might be necessary in some sections,
but we don't believe this community
has yet reached that stage.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1938-03-17

Third Sunday in Lent
Sunday school at 10:l5.
Divine Services at l1:15. Theme,
.The Worthlessness Of Self-Refor-
nation"
Your attention is called to the
fact that our church. which has been
undergoing a rather extensive re-
modelling and redecorating, Will be
used again next Sunday. The work
began on January 18th and since
the work was started our services
have been held in the church par
lorS.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1938-03-17

Not pretending to have an extern
sive knowledge of European affairs
it seems rather ridiculous from
where we sit for France and Ger
many to object so strenuously to
Hitler's absorption of Austria, es-
pecially since Austria seems so
strongly in favor of the idea. The
other countries objection that 1t
threatens the independence OF
Czheckoslovakia seems to be a very
insignificant point to get "all het up
about" Probably there are other
greater implications in the move. but
until we have had further opportun-
ity to discuss the situation with
Anthony Eden, the excuse seems to
us slim one. .s..
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1938-03-17
WHO'S WHO,

= Who dump the coal into your .
= bin or gladly scoop it out .
= again, and haul your every .
= household thing If moving gets =
= beneath your skin? They well .
= come short trips and also long, =
= for both they and their trucks .
= are strong, and Joe and Clar- =
= ence come along to get our .
= little weekly song. =
=
%%+$$$%&$$$&< 80
Back in Washington 236 employees
make postage stamps. and q hum
dred and twenty million Of us stick
out our tongues at their product.
= = =
Lena Genster, the cashier,
was honest. Whenever she dis
covered q patron had forgotten
his change, she always raped
on the window with a sponge.
= = y
The new hired man had just
cut off finger on the circular
saw, and yelled with pain.
'How did Il happen?" asked his
excited employer.
s'Well, 1 was just doink Ike this
and-gosh, there goes another
finger!"
= = =
Madam" asked the weary clerk,
after he had shown the customer
almost everything in the store, ARE
you 81 opping here, or taking in-
ventor. ?"
= = =
Was Lena Genster embarrassed!
The other night at the cabaret, as
her boy friend began his soup
course, five couples got up and be-
gan to dance.
There ought to be q simpler
way Of releasing bee from an
automobile than splitting the
car open against . telephone
pole. -.
= - -
Old Adam had one advantage. He
could roll in at am. without being
accused of having been out with
some other woman. ~. ..
- = = 60
Not all the dangerous curves. saws
Dad Gummit, are on the highways.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1938-03-17

The speed limit In the state Of
Washington has been increased to
50 miles an hour. So the careful
drivers win slow down to 60 1t
crossings and as they pass school
houses.
= = =
Definition
TRAILER: A 24-hour breakfast
nook.
Harold Grove, waiting on a Gus
toner: where's your radiator cap?"
Motorist: cts on the front end
of my car. And please don't call
me Cap"
Percy Whiffletree wasn't surpris-
ed when his engine started to smoke
He admitted it was old enough.
y y -
Definition
PHILOSOPHY: Finding out how
many things there are In the world
that you can't have If you want
them, and don't want II you can
have them.
y j. y
It's better to give than to
lend, says Dad Gummit. And
in the long run the cost is
about the same.
- = =
Definition
BANQUET: An affair where q
speaker eats a lot of food he doesn't
want, then proceeds to talk about
something he doesn't understand, to
a lot of people who don't want to
hear him.
- - =
There are only two times In .
mans life when he should not
speculate or gamble, Mark
Twain once said: when he can't
afford It, and when he can.
= = =
First Communist: Mice weather
we're having"
Second Communist: Eyes, sup
pose so, but the capitalists are hav-
ing it too"
= = =
Percy Whiffletree had four child
rem and that will be all, he declared.
81 just read" he says. "in this here
almanac that every fifth child born
in the world is q Chinaman."
= = -
Amotorist, passing the cabin OF
an Ozark mountaineeer, ran over
and killed the mountaineer's fav-
orite dog. He went into the house
and told the mans wife what had
happened and how sorry he was.
The owner Of the dog was out In
the fields, and the motorist decided
to go out and tell him about the ac-
cident.
Better break it to him easy like,
advised the wife. First tell him 1t
was one of the kids"
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1938-03-17
Pewter Candle Molds

Pewter candle molds came into
use about 1760 or ITO and continued
to be used extensively until about
30 years ago. Previously the COM
mon method Of making candles was
by dipping the tallow-coated wick
until successive layers had brought
the candle to the desired thickness.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1938-03-17
METHODIST
Rev. n. Attenborough, Minister.

Sunday, March 20. Sunday school
at $50, Vane Wilder, superintend-
ent. Our large and well-equipped
school of religion has classes from
the beginners to adults. You will
enjoy a visit to our school and We
shall be glad to welcome you as a
member of one of our classes.
Morning worship at IL am. A ser
vice of worship with special music
by the Choir and sermon by the
pastor.
High school Epworth League at
$50. Members of the Grandview
League will visit our meeting and
have charge of the discussion per-
iod. .-.r ..... .. "a.
Fireside Hour at 7:30 pm. An in
formal service which will be enjoyed
by all. We welcome you to our SER
vices. ... .-.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1938-03-17

quet room OF the Arrow Grin -
the exception Of the fourth ,s WITH
day in the month when the MO mon
is called for 8 o'clock. An ,.'ne
ested in the movement are cor n,'ef'
invited to attend. aialg
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1938-03-17
PILGRIM TABERNACLE
Kennewick Ave. and lone st.
Elmer Storm, Pastor

Sunday school, 9:45 am.
Jesse Grimshaw, superintendent
Morning worship, IL Am.
Young peoples meeting, $50 pm.
Evangelistic service, 1880 pm.
Prayer meeting Wednesday eve
ming, 1880 pm.
Come and enjoy these services
with us and you win come again.