davidaulloa/AmericanStories huggingface dataset:
Henderson daily dispatch., 1938-02-08
Satterwhite-Capps
Rites Performed

Miss Effie Green Capps, and Mol
ton Satterwhite, both Of Mecklenburg
county, Va, were married on Saturday
evening by Rev. E. r. Nelson, at his
home on Gary street. Only a few
friends were present
Mr.. and Mrs. Satterwhite will make
their home with the groom's father, }.
Henry Satterwhite
Henderson daily dispatch., 1938-02-08
Mid-Week Service.

The mid-week service of the First
Baptist church will be held on We'd
nesday evening at 7:3O o'clock. This
pastor will conduct the service, and
will lead an open discussion on the
Sunday evening sermon, "Observance
of the Sabbath"
Henderson daily dispatch., 1938-02-08
DISCHARGED.

Charlie Jones, who was injured in
the early morning hours Sunday a
week ago when his automobile wreck
ed in South Henderson, has been dis
charged from Maria Parham hospital
Henderson daily dispatch., 1938-02-08
Daughters to Meet
Wednesday Night

Daughters of America will meet
Wednesday evening at 1920 o'clock,
md all officers and members were
Urged to be present.
There will be limitations and COM
mittee reports will also be heard, it
was said.
Henderson daily dispatch., 1938-02-08
In Greensboro.

Mrs. 7 r. Singleton is the guest for
.,,oral DAYS of Mrs. Robert Terry and
Mrs Davis at their homes in Green's
Henderson daily dispatch., 1938-02-08
To Miami.

Mrs D. Nc. Sloan, Mrs. Irvine B.
,,-~+l,ins and Mrs. Alex S. Watkins
,"tt today for Miami, Fla, where they
Ill snend ten days.
Henderson daily dispatch., 1938-02-08
Returns from Richmond

Miss Julia PARROT has returned
e,on, Richmond, where she was the
n a, of Miss Hazel Bentley for seve-
raj DAYS.
Henderson daily dispatch., 1938-02-08
Guest from Sanford

Miss Mary Shaw Rosser, of San
ford. is the guest of Miss Ann Steven
SON at her home on Garrett street,
for several days.
Henderson daily dispatch., 1938-02-08
In Durham.

Mrs. Claude Hunter is visiting her
daughter, Miss May Hunter, in Dur
ham, for several days.
Henderson daily dispatch., 1938-02-08
Attends ninnor

Miss Claudia Hunter attended a Vo-
cational Guidance dinner, held in
Greensboro this evening.
Evening star., 1938-07-16
TONE is STRONGER
ON WOOL MARKET
Heavy Business Volume Seen
Prices About 20 Per Cent
Above Recent Lows.
BY the Associated Press.

BY the Associated Press.
BOSTON, July 16.-The CONNER
cial Bulletin says today:
The wool market has developed a
stronger tone again this week and the
volume Of business has developed in a
large way. Prices are generally shout
20 per cent above the low point Of a
month or so ago, good fine and fine
medium, fair stapled woods bringing
IS cents, clean basis, now, against
about SIS cents then, with other grades
proportionately up.
In the West it is harder to buy
wool, since asking prices have been
advanced and in some cases wool has
been withdrawn from the markets.
Foreign markets. including London,
are bit stronger for the week.
There is more business in piece
goods and prices are being marked UP,
an advance Of fully is per cent being
predicted by mid-September.
"Mohair is very strong. Sales in
Texas at a. cents for adult and 50
cents for kid are reported"
Evening star., 1938-07-16
EARNINGS CLIMB
IN June QUARTER
Standard Statistics Estimates Nets
= Will Be Much Larger Than
in First Quarter.
By the Associated Press.

By the Associated Press.
NEW YORK, July 16.-The Stand
ara Statistics Co. estimated last night
that second quarter corporate earnings
would be substantially larger than
those posted for the first three months
this year.
This would be contrary to popular
rate Of Industrial operations in the
latest quarter to mean a further cut
In profits was in store.
The net income of 158 representa-
tive companies was estimated by the
statistical organization at S179, 600, 900
against s142, 1oo,o 900 in the first period
and s452 100000 in the comparable
three months last year.
An increase Of these proportions
would be IL per cent greater than the
normal upturn at this time of year.
Even after allowance for seasonal
factors, however, the second quarter
this year would be the smallest since
the final quarter of 1884
Industrial concerns showed the wild
est comeback from first quarter levels
according to this survey. After ad-
j,N'ment for seasonal changes, this
group gained 10 per cent over the
opening quarter; utilities regained but
2 per cent and railroads, still re-
porting losses, cut their deficits sub
stantially.
Evening star., 1938-07-16
Washington Produce

BUTTER--9O score 1-pound prints. %:
1-pound prints. 80; h-pound prints. so
MEATS-Choice beef. Is; calves. is:
lambs. 23; veal. 16; sows, 10: fresh pork.
skinned hams. 80; large smoked skinned
hams. 81: smoked skinned bacon, 30: piece
BACON 81; c2mpound' II lard 10ls.
.,LIVESTOCK-Pigs. 12O-l4O pounds,
S3--9; light pigs, 120-l6O pounds g.
sEs-ssi, -si soWs TN; stass 5s-6H calves.
Prices paid shippers-net f. o. b. wash
inston. by the U. S. Bureau Of Agricultural
EGGs-Market nrm. U. s. extras large.
l cent higher. Nearby eggs unchanged
with premiums being paid for some lots
Of whites. Government sIaded and dated
eEes: Whites. U. S. extras, large. 32ia
GGents; q s. extras, mediums. a6La cents;
y; 8 standards. large. % cents; u. s..
2s 2 cents. Nearby unsraded esss: Current
colors. 20ia to q cents.
LIVE POULTRY-Market full steady
Fowl; Colored. large. 5 pounds and up. II
to is gents; under 5 pounds. Is to l6
cents; No. IS. IL to IA cents; Leghorns. IL
to Is gents: ROSTERS. 10 to II cents. Chick
ems Virginia Rocks: Broilers and fryers.
all sizes. to 20 cents; No. 2s 13 to Is
cents. Delaware Rocks and Crosses: Broil-
N srs snd fryers all sizes: Il to 10 cents
ls TO II cents; Leshorns. broilers ali sizes,
Is to Y cents. Turkeys: Old hens. 20
to 16 cents.
Evening star., 1938-07-16
FOREIGN EXCHANGES.

NEW YORK July IS LR.-Most Euro
pean currencies showed small net de.
clines in foreign exchange trading today
Sterling went below. the S4 .93 level again
with loss Of u Of = cent The French
franc was down 00h of cent and
belsas were OF ,ooh of a cent. swiss
france reversed the usual trend with a
advanced 00,s to a.4Oss.
Forenoon rates follow:
Great Britain in dollars others in cents
Great Britain. 4.a2b 6O-dsy bills, .92M;
Ganada; Montreal in New York. e9.4Oss;
Iso3; ,s o3; czsfHhoslovskis $50 DenmsTk
Germany. 4O.19 benevolent. 2O4o. travel
22.9M: Greece. .9Oh; Hunrary. 1885:
Italy. 5.2eh.: Yueoslavia. gas: Neither
1887; PoftuRsl. .4.4s'.; Rufania. -.75;
zerland. @2.a0h,: ArRentine. 80 SIN: Bra
I'll freel. 5.e0n; Mexico City. 20 Don;
japan. 2s.77: Hong Kong. 30S5: Shane-
hal 1870
Rates in SPOT cables unless otherwise
indicated
n-Nominal
Evening star., 1938-07-16

CHICAGO, July 16-Only strictly
choice and prime steers made price
gains this week, other grades selling
of 25-1.00 in two-way shift. Hogs
advanced to the years high point but
lost part Of the upturn, while lambs
sold trifle on the strong side of the
price list. Top hogs at Chicago
reached 1920, highest since October.
1887; prime steers made 1890, whils
best spring lambs turned at $50.
The steer market not only closed
uneven at Chicago but was a nervous
affair throughout, practically all
grades below choice closing 50-l00
under the weeks high time. Prime
steers with weight held up, however,
best available selling at 1890, or IS
above the best price paid last week.
Long yearlings made 1926, light
yearlings, 1900 and heifer yearlirgs,
11.25. With the exception of choice
and prime heifers, all she stock sold
lower, the week end break coming
most severely on heifers to sell down.
ward from 1000, as well as steers
under HOO
Hogs Lose Part of Rise.
Hogs were definitely on the upgrade
until midweek, when some reaction
developed, attributable in part to
softening wholesale pork markets. At
the high time top hogs reached 1920
for the first time since October, 1887,
but the recession dropped comparable
offerings to $50 Thursday. Good and
choice hogs scaling 170-240 pounds
sold at 9.50-9.9o late in the week at
Chicago, with 250-28O pounds largely
at 9.00-9.5o, the upturn for the week
measuring 1918 cents on weights
from 160-250 pounds.
Lambs Steady to Higher.
Lamb markets closed steady to as
cents higher than late last week, best
spring lambs having sold up to 9.40
at Chicago, with Idahos at 9.35. St.
Louis had a top of 925 with bulk
sales late at 85o-925. Native spring
lambs sold for 800 at Omaha Thurs
day, while Idahos brought s.50-9.15.
At Kansas City peak Of 900 was
reached Wednesday but later there
was little above s.75.
Evening star., 1938-07-16
10 Low-Yield Bonds,
By the Associated Press.


NEW YORK, July 16.-The bond
market held in a narrow course today
in quiet dealings.
Minor gains and losses were closely
balanced as traders waited for indica-
ton of the next important swing, fol-
lowing the recent strong recovery.
Reports of preparations for a fur
ther increase in steel production next
week and sustained retail trade kept
hope running high for broader business
improvement in the autumn.
United States Treasury and top
grade corporate bonds showed little
change either way.
rUp fractions to more than a point
were Baltimore & Ohio convertible
AIS, Illinois Central AZ. Hoe g. Co.
first mortgage, International Hydro
Electric IS, Frisco 4l2s and Republic
Steel 4l2s.
Minor losses appeared in Anaconda
Copper 412s, New York Central IS,
Loew's 312s and International Tele-
phone IS.
Evening star., 1938-07-16
CHICAGO PRODUCE.

CHICAGO, July 16 P.-Butter. l.
23,l96; steady; creamery specials (9}
score). 25s4-26h: extras 1922. 25l2; extra
frsts. (90-aD. 25-25A; hrsts $3.50 !
23.24As: other prices unchanged
Eses. 9.oI2; easy; current receipts 1SL;
other prices UNCHANGED
Potatoes, 100: on track, 216: total
United States shipments 5ls; Missouri
and Kansas Cobblers, best quality stock,
quality and condition stock about steady;
California White Rose slightly weaker;
!dano Bliss Triumphs about steady; sup
per hundredweieht Missouri Cobblers U.
s,,r 8 NO: ] and 2. s. ! commercials, gener-
spotted sacks. 4212-55; Kansas Cobblers.
U. s. l and U. S. commercials. generally
GOOD condition. 60-15 showing heated
spotted. sacks. 1880 California White
E~e, U. s. !, many offerings fair qualify.
showing dark ends, best, 1850: showing
dark ends 1.60-65; U. S. commercials,
.5o-65; Idaho Bliss Triumphs. U. s.
washed, SO-2 90.
Evening star., 1938-07-16
STEEL INDUSTRIES
BUYING H|NDERED
Big Changes in Price Base
System Result in Confusion
for Time.
Special Dispatch to The Star.

GpctinA 0i9hdSSAA W Av StdIs,
NEW YORK, July 1e.-In It's weekly
summary Of the general business situa-
ton, the Standard Statistics Co. Of
New York currently comments as
follows:
Pew developments of the past few
days have been Of more far-reaching
importance than the recent steel price
announcements. The possibilities for
change inherent in the new schedules
have left producers and consumers
alike confused. Final appraisal Of the
alterations likely to occur through In
dustry will probably require some time,
perhaps two or three years, but some
general conclusions are permissible at
this time.
"The price changes, while revolu-
tionary in their extent, represent an
other step in the method OF quoting
steel to meet basic shifts in competitive
conditions. In essence, the new sched-
ules do not abolish the basing point
method of making prices, but seriously
modify the previously existing system
by Cd establishing several new basing
points, principally for continuous mill
products, and (2) eliminating most of
the differentials between Pittsburgh
base prices and those at other centers.
With the latter, the last vestiges of
famed Pittsburgh plus" in steel pric-
ing have disappeared.
New Problems Created.
"The new prices will create new
problems, not only for steel producers,
but for their customers as well. The
elimination of previous price differen-
tials at basing points and the estab-
lishment Of new basing points for
many products are reflected in widely
varying reductions in delivered steel
prices by districts.
THE result Of these varying price
reductions may we'll be to produce some
shift in fabricating centers for steel.
The larger reductions in delivered
prices in Eastern and Southern cities
may favorably alter the relative com.
petltive position Of fabricators in those
centers. as compared with others in the
Middle West, for example. A gradual
establishment of new branch plants to
take advantage of more favorable steel
prices in some instances would not be
surprising.
Consumers Cautious.
From the standpoint of steel de-
mand the price reductions to date have
meant little. The confusion generated
among consumers by the extent of the
changes has, in. fact, tended to hinder
new buying temporarily. 1t is quite
possible that the new schedules may
induce a series Of minor price wars
before the new status is completely
clarified and consumers will probably
continue fairly cautious in placing new
commitments for the early future, at
least"
Evening star., 1938-07-16
NEW INDUSTRIES ADDED.

BALTIMORE. July 16 (SpeciaD -
Two new industries were acquired for
Baltimore during June, according to
H. Findlay French, director Of the
Industrial Bureau of the Baltimore
Association Of Commerce. There were
seven local industries expanded during
the same period The new industries
and expansions represent plant invest
ment Of $4,000 and will give employ
ment to 1872 additional workers. "
Evening star., 1938-07-16
WHEELING ROAD VOTES
PRIOR LIEN DIVIDEND
By the Associated Press

BY Inc Associated Press.
CLEVELAND, July 16.-Directors oi
Wheeling g. Lake Erie Railway Co.,
owned by the Nickel Plate" system,
declared the regular quarterly divi-
dend of 81 on the prior lien stock, but
took no action on a dividend on the
5 y per cent cumulative preferred due
at this time.
The last payment on the preferred
was $l.37la on May /. The payment
on the prior stock will be made Au-
gust l to holders of record July rs.
Evening star., 1938-07-16
Insurance Sales
Well Below 1887
In Six Months
b the Associated Press.

NEW YORK, July 16.-New life in
surance written in the United States
in the first six months Of 1888 was
22.6 per cent less, and for June was
ats per cent less, than for the cor
responding periods last year, the As
sociation of Life Insurance Presidents
reported.
The report, based on figures for 40
companies having 50 per cent Of out
standing legal reserve life insurance,
showed the June total at $597, ,773, 900,
against 1924, 4,470, 900 in June last year,
and the six months at 1854, ,769, 900,
against 4,7sl, ,267, 900 In the like period
of 1887.
Evening star., 1938-07-16
NEW YORK PRODUCE.

NEW YORK. July 16 P-Eggs. 1886:
aggiet: Mixed colorss special packs, 23H-
20A-21A: mediums 81; dirties. No. /.
20s4; average checks 1s34-1934
Whites: Resale of premium marks. 33Is
IS. Nearby and Midwestern. premium
marks 30A -33; exchange specials 25ka-
80. Midwestern. exchange standards. 25.
Nearby: fancy mediums, 27ls-31. Nearby
and Western, exchange mediums 1921
Pacific Coast. Jumbo and premiums 34Ha :
37a specials, 3312-34; standards. 32l2-33:
Browns Extra fancy. 27-34. Nearby
and western. special packs; 26la.
Duck eggs: Fancy. 21-22.
hisher than extra 2eH-27: extra t92
score). 25ls-26; flrsts !ss-9D. 23-a5s4;
seconds (S4-S1. 1921.
Cheese 151,904 quiet. Prices un-
changed
Dressed poultry steady. All fresh and
frozen prices unchanged.
Live poultry by freight and express
nominal. No sales
Evening star., 1938-07-16
STORE SALES DECLINE
NARROWED IN WEEK

BY tfe Associated Press.
The Federal Reserve Board reports
the gap between department store
sales this year and last year was mar
rowed to 6 per cent last week, COM
pared with 10 per cent the preceding
week. Sales varied from II per cent
above last year in the Minneapolis
district to II per cent below in the
Chicago district. The four out of
twelve districts which had better sales
than a year ago were Minneapolis,
Richmond, Atlanta and Dallas.
Evening star., 1938-07-16
CHICAGO GRAIN
By the Associated Press.

BY the Associated Press.
CHICAGO. July 16.-Wheat prices
slumped more than cent bushel
again today and fell to within less
than q cent Of the 1898 lows.
Uncertainty regarding the effect OF
the Government loan and acreage
control program on market supplies
caused most dealers to act cautiously.
and with buying power limited hedging
sales depressed quotations further.
Wheat closed ILL cents lower, COM
pared with yesterdays finish, July.
69-69Ia; September, 69l2-A. Corn
was 11s-1h down, July, 584-as; Sep
tember, 595s-34. Oats lost s-7s.
Evening star., 1938-07-16
FOREIGN MARKETS.

LIVERPOOL. July Is (P.-Wheat f,,-
lures moved UP 10 net advance of i, to
ssd in final trading today. canoeing early
losses Of about as much. The firmer mar
tons Of small world shipments and mod =
crate demand for Australian wheat
Cotton was quiet. Values essed to s
points under long liouidation Bombay
selling and hedging against outside
London and Paris-Closed
Evening star., 1938-07-16
LOCOMOTIVE BACKLOG
SHOWS SMALL GAIN
BY the Associated Press.

By the Associated Press.
The Census Bureau says 81 new
rslroad locomotives were delivered in
June, the same number as in May. In
June last year the number was 40.
The number Of untitled orders, how
ever, increased from 83 in May to 88
in June, compared with 4O3 a year
ago.
Evening star., 1938-07-16
RURAL SALES IMPROVE
MORE THAN SEASONALLY
By the Associated Press.

BY the AsSOclated Press.
Sales of general merchandise in
small towns and rural areas increased
more than seasonally in June, the
Commerce Department reports. Sales
were about 25 per cent higher than
IN May, but were still about 10 per
cent below the same month last year.
Evening star., 1938-07-16
COTTON SEAT HIGHER.
Special Dispatch to The Star.

NEW YORK, July Is (P.-Trans-
fer of a New York Cotton Exchange
membership was arranged today at
$4,000, an increase of 5000 over the
previous sale.
Evening star., 1938-07-16
METAL MARKET.

NEW YORK. July 16 ,P.-Copper
Tin steady; spot AND nearby, 1925; for
Tsrd, ~ 80. Lead steady; spot. New York.
East St. Lolis spot and forward, 4es5
Quicksilver, s0.00-S1 90 Pig iron alum
mum. antimony. platinum and wolframite
Evening star., 1938-07-16
Chicago Cash Market

Chicago Cash Market.
Wheat No. 2, red, 7012- u; No. I
hard, 72A; sample grade hard, $50;
No. yellow, hard. 72-72s4; No.
mixed, 70l2-7l%. Corn: No.
mixed, 61A; No. /. yellow, 6os4-
6la: No. 4, white. SO; sample grade,
54-57l2. Oats: No. / mixed, 27A-
u; No. 2, white, 27s.-2sA; rye
No. l, 55l2; No. 2. 55; barley feed,
1886.
Evening star., 1938-07-16
NEW YORK LIVESTOCK,

ment Of Agriculture report Of Jersey City
and New York livestock markets. All
classes Of livestock nominal. Receipts all
1.os0; sheep and lambs. 1920: hogs. 146.
Evening star., 1938-07-16

In bankruptcy or receivership or being
reorganiZed under the Bankruptcy Act or
securities assumed by such companies
Rates OF dividends in the foregoing table
last quarterly or semi-annual declarations.
Unless otherwise noted special or extra
dividends are not included.
Alison extra or extras eDeclared or
paid SO far this year. no regular rate.
PAYABLE in stock. gPaid last year.
Cash or stock. k Accumulated dividend
paid or declared this year Wv With
warrants. XIV without warrants. war War
rants.
Evening star., 1938-07-16
MONTREAL SILVER.

MONTREAL July 9 tP.-silver futures
closed unchanged. No sales. Ends: July.
42.70; September. 41.2o; DecembeF. 41.z0.
Evening star., 1938-07-16
LIVESTOCK PRICES
MOVE UNEVENLy
Choice Steers Score Gains,
While Other Grades Turn
Downward.

The tollotDin1 repteU of the ltpe-
stock market for the ueek ended
July II ,oas prepared for the Asso-
ctoted Press By the United States
Department OF Agriculture.
Evening star., 1938-07-16

$1,000 cm Ed db 3Ias IS IOs94 1os44 1Oss4
Stock sales today, $4,000
Bond sales today, 81 900
Evening star., 1938-07-16

wwWith warrants.
xwWithout warrants.
st (stp) Sta mped
sNegotisbility impaired by maturity.
TCompanies reported in receivership.
Afro-American courier. (Yazoo City, Miss.) 1926-19??, 1938-05-01

Solo: "Carmena'-Miss Celestine Mitchell
Annual Adlress-Prof. Chas. H. Wilson, A. b, IVY
A. Teacher of Social Science Alcorn College, Alcorr
Mississippi.
Presentation of Gifts-Friends
Instrumental Number: "Firefly' Mendellsohn-Mlss|
A. Weber,
Announcements-By Principal.
Song: Goodbye Yazoo'-Class OF 80
Benedction-Rev E. M. Smith.
Class Motto-Our Goal Is The Mountain Top.
Glass Flower-American Beauty Rose and Fern
Glass Colors--Blue and Gold.
CLASS ROLL OF 1888
Vivian King-President, Mary Wilson-Vice-Pres-
dent, Hyon Notwithstanding, Lettie Ballast Secre
tary, Roman Observation-Disclosures, Celestine Mitchell
Reporter, William Scott-Business Manager, Hubert
Owens-Sergeant at Arms.
Members-Bennie O. Metzler Wilma Cloyce Jackson,
Asa Lee Burnette Gates Alice Mae Johnson, ANGELA
Lucille Weber, Louise Irving William J. Fletcher,
Whayland Hullistin Lee.
r. j. KOONCE Superintendent
N. D. TAYLOR Principal.
Afro-American courier. (Yazoo City, Miss.) 1926-19??, 1938-05-01
Wisdom

In the seventh chapter of Ecclestiases these words
are found For wisdom is defense, and money is
a defense; but the excellency of knowledge is that
wisdom giveth life to them that have it.
The struggles for life. That is phrase often
heard and is always true There is going strug-
gle fight in every living thing upon the EARTH to
the tinest of vegetable plants There is Struggle
against grief against poverty, and against all ills
persons mind is how to make his existence secure
The struggle for life is hard and many grow faint and
weak under troubles and disappontmens in life and
consequently thrown into certain unbecomng modes
of living.
The greatest defense that one can have is that of
wisdom. Wisdom guides along smooth paths the rug
ged paths, the mountains and the valleys Wisdom
ries safely whatever road travelling
Solomon did not ask for riches but he asked for
wisdom that he might know how to direct his people,
and told that Solomon the wisest that
lived. With wisdom attain to heights be-
yond our hopes.
Underneath failures and successes lack of wisdom,
or the possession of wisdom, played the major part.
God does not intend that be fools. Gods desire
for his people is that they have WISDOM knowledge,
and understanding These qualities far valu-
able than silver and gold. The Bible says wisdom is bet
ter than rubes and all the things that may be desired
not to be compared to it.