davidaulloa/AmericanStories huggingface dataset:
Imperial Valley press., 1938-07-29

frightened; stocks broke badly;
and we had a Encouraging business
recession. Within six months from
the time the break started, thou
sands. OF plants and mills all over
the country were shut down tight.
Industrial activity plunged so per
cent below its peak.
Retail Buying Wave
Consequently, retail sales dropped
only moderately as against a sharp
Imperial Valley press., 1938-07-29

June. Now, dollar buying is less
than 10 per cent under last year
at this time. Because of the sharp
drop in prices, however, this means
that merchants are selling as many
goods, i'm number, as they were
then. Steel activity, machine tool
orders, carloadings, power produc-
ton, building, and other powerful
barometers are pointing to better
business this Fall. But more i'm
Imperial Valley press., 1938-07-29
MADDUX RECOVERING

R. H Maddux, business manager
Of the Imperial Irrigation District,
is recovering in Mercy hospital, San
Diego after an operation performed
Monday.
Imperial Valley press., 1938-07-29
IMPERIAL VALLEY PRESS, Ell CENTRO CALF.

Editors Note) This weeks issue of Business Re-
view is enlarged and entirely given over to striking
discourse on selling and business recovery that should
be helpful and interesting to the businessmen of I'M
perial Valley, for whom the Review is published
every Friday.
Imperial Valley press., 1938-07-29
Paving
"The Road Back"
By
Leslie C.. David

Merchandising, Marketing and Advertising Author
ity; Kansas City Journal-Post
(Quoting of Americas leading advertising and bust
executives economic conditions, and to what
business do to speed up recovery
Imperial Valley press., 1938-07-29

mabcdl. 1nt DTOLnelS were on a
pleasure trip.
Billy Dunn, son of Mr. and Mrs.
w. S. Dunn, returned recently
from a days outing in San Diego
with a few of his school mates.
Mr.. and Mrs. Milton Chapman
and daughter, Sharon, are enjoy
ing a two weeks vacation in Sc
quota
Mr.. George Wright spent the
past weekend with his wife who
is summering in San Diego.
Mr.. and Mrs. Charley Lane are
spending a short vacation in Los
Angeles visiting relatives.
Mrs Dora Gott and daughter,
Barbara Jane were visitors in
Imperial Wednesday afternoon.
Mr.. and Mrs. George Harris and
daughter, Marjorie, returned re-
Gently from Los Angeles where
they spent a few days. Mr.. Harris
attended Market Week there.
Mr.. and Mrs. R. B. Brissenden
and family are enjoying a two
weeks vacation in the different
coast cities.
Miss Evelyn Hicks spent sun
day in San Diego
Mr.. and Mrs. o. D. Van Dyke
left Saturday for a two weeks
vacation which will take them first
to Campbell to visit their son Will
lard and his family. Their next
stop will be Balboa Island with
their son, Stanley and then they
will spend few days at Laguna
Beach with another son, Maurice,
and his family
Word has been received here
that Mr.. G. H. Madden is recover
ing from recent operation on his
injured leg. The Madden family
intends to return to Imperial Fri
day for a day or two if Maddens
condition will permit.
Imperial Valley press., 1938-07-29
6. H. MADDEN
IMPROVES AFTER
OPERATION
IMPERIAL NOTES

IMPERIAL NOTES
Milo, Kenneth and Morris Fos-
ter spent the past Sunday in San
Diego. Milo attended a shooting
match. The brothers were on a
pleasure trip.
Imperial Valley press., 1938-07-29

Mrs. NJ. Myers from San Diego
was a weekend guest of Mr.. and
Mrs. j r. Gallaher.
Evening star., 1938-09-25
BIG CONSTRUCTION
DRIVE FORECAST
Need for Utility and Other
Industrial Building Shown
in Survey.
Special Dispatch to The Star.

SLeCidl DlSpatCn 10 Inc star.
NEW YORK Sept. 24-If public
utilities are to make the replacement
OF and additions to their generating
equipment over the next 10 years
which they should, their orders would
be sufficient to absorb the current
capacity of the three major manufac-
turers Of turbine generators for Is
years, James H. Manning, president
OF Ulen & Co., declares in the forth
coming issue of the Financial World.
In estimating the possibilities of in
dustrial construction, Mr.. Manning
sets forth the results of survey made
by one OF his field naen in the course
OF which more than 600 manufactur-
ers were asked if their plants had
reached the limit of expansion. Only
one of the entire group was content
with his present production. The
others were willing to expand if they
could do so at profit or if they could
find new products and new processes
which could make expansion profitable.
In two industries in particular, the
oAA oAiu SAiSiiiSdi, Ilc WlltcS, new
and better ways of doing things are
evolving rapidly. There seems to be
a new formula or new process ready
to replace virtually every one now in
use
Some of these processes constitute
so material an improvement over those
presently employed that the cost of
constructing new plant has been
known to pay for itself in a year. In
the oil industry, the saving inherent
in new processes is SO large that some
companies are replacing many essen
tial parts of their productive equipment
every three years.
An interesting example from the
chemical industry is the recent an
nouncement by large rubber COM
pany of the substitution of rayon cord
for cotton cord in the manufacture
of a new tire If rayon proves a
superior ingredient to cotton in the
making of tires, the demand for rayon
for this purpose would be more than
the current capacity of all rayon fac
tories in the United States.
With this restless urge evident in
American business, and with an
amount Of idle money greater than
at any time in the memory of the
present generation, it seems likely that
construction must become active in
the near future if business confidence
continues to grow.
Evening star., 1938-09-25
CHEMICAL TRADE
EXPECTED TO RISE
General Business Outlook
Also Points to Gains
in Earnings.
Special Dispatch to The Star,

NEW YORK, Sept. 24.-Prospects
for continued business revival point
to an increase in the sales and earn
ings Of companies in the chemical
industry, according to Poor's Industry
and Investment Surveys.
With the recovery movement prom
ising to be further under way during
the final quarter, the industry's sales
and earnings for the period should
show good gains above the reduced
levels Of a year earlier. Over the
longer term. rapidly expanding prod
acts and markets should again spell
record operations and profits for the
industry
First to feel the effects of business
revival were the producers of chemicals
used in the manufacture of consumer
goods" states the analysis Fabrica-
tors OF nodded plastic articles sold
by retail trade were among the first
to enjoy an increase in orders. Manu-
facturers of dyes and other processing
chemicals have benefited from the
substantial pickup which has taken
place since June in the shoe and leather
industries. The expansion of opera .
tions in the textile industry especi-
ally in the rayon division where out
put Is at an all-time high, has been
particularly stimulating.
Contributing further to the i'm
proved outlook for the chemical in
dustry are the prospects for better
than-seasonal expansion in automobile
production this fall. This situation
points to a substantial increase In the
sale Of plastic, use of which material
is rapidly gaining popularity in the
production Of steering wheels, instru-
ment panel knobs, fittings, etc. And,
as the recovery movement gains mo-
mentum, expanding operations in other
fields, including capital goods indus
tries, should provide chemical COM
panies with sharply expanding sales
ana net income results"
Evening star., 1938-09-25
HUGE Loss SHOWN
BY ALlEGHANY CORP,
$29,6l2,125 Deficit Reported
From Sale of Nickel Plate
and Erie Common.
Ry the Associated Press

Ry the Associated Press.
NEW YORK, Sept. 24-The report
of Allegheny Corp, top holding COM
pany for the former Van Sweringen
railroad properties, for the six months
ended June 80 disclosed a loss during
the period from sale Of securities of
s29,612,125.
This was in addition to a consoli-
dated net loss of SAL 1877 after taxes,
interest, amortization and other
charges. For the first half of 1887
the corporation reported a net loss
OF $65,990. The report covered
Alleghany's wholly subsidiary,
Terminal Shares, Inc.
The $29,612,125 loss, which was
charged directly to earned surplus, re-
suited from the sale of 215 900 common
shares Of Erie Railroad Co. and 167 300
common shares of Nickel Plate Rail-
road under option to Chesapeake G
Ohio Railway. The option price was
$5,065,475, compared with an aggre-
gate cost of $34,677,60
Securities held by Allegheny Corp.
as investments carried in the June 80
balance sheet at cost of $l71,730.1 ITO
had an indicated market value of
S59,542, ,l06. On December 81 the in
vestments carried at the same cost had
an indicated market value of $64,-
20l,417.
Evening star., 1938-09-25
MORTGAGE BANKERS
STUDY FARM NEEDS
Agriculture Can Employ at Least
$50 Millions of New Money,
Survey Reveals.
By the Associated Press

q! the Associated Press.
CHICAGO, Sept. 24.-The Mortgage
Bankers Association of America has
launched study of farm mortgages
on the theory that the time is ripe for
injection of new capital into this long
neglected field for investors funds.
A national survey completed by the
association showed the farm mortgage
field can employ profitably at least
$3.50, 100000 of new money and this
prompted the scheduling of special
clinic" at the Chicago convention
October IL to IA.
A. D. Fraser, president, said bankers
attending this meeting hope to deter
mine when and how private funds Can
60 back into the mortgage field on a
substantial scale and what rewards
investors may expect from aid in
financing the American farmer.
American agriculture needs new
capital, just as thousands of indus
tries do, and all signs point to the
fact that the time has come when it
can again offer attractive induce
ments to investors to re-enter the
field" Fraser said.
He said farm mortgages have at
tracted relatively little new private
capital since 1923.
Evening star., 1938-09-25
SMALL DECLINE SEEN
IN TRANSIT. REVENUES
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, Sept. 24.-Revenues
for the transit industry for the week
ending September II, 1888, based on
telegraphic reports received from a
representative group Of transit operat-
ing companies, showed 4 moderate
decrease from last year.
Transit Journals revenue indicator
stands at 1851, which represents a
loss of 4.39 per cent from the corre-
spending week in 1887.
For the week ending September 10,
1898. the indicator was 98.12.
The indicator figure for the latest
week is slightly lower than for the
previous week, even though the -eve-
nues are higher. due to . comparison
with an exceedingly good week last
year.
Evening star., 1938-09-25
2,8A,77O Bushels
Of Wheat Shipped
Under ErpOrtPIan
By the Associated Press.

% tne hSSOClhteQ fTeSS.
The Agricultural Adjustment Ad-
ministration announced yesterday O.
BAL ITO bushels of wheat had been ex-
ported under the administrators new
export subsidy program. The exports
covered the period up to September Is.
The A. A. A. also said the Surplus
Commodities Corp. had purchased g.
743,591 bushels of wheat up to that
date.
The Government, the A. A. A dis
closed, had taken loss Of about IL
cents bushel on the wheat sold to
exporters-a total of $312,595.
Secretary Wallace, in announcing
the export subsidy policy some weeks
ago, said this country hoped to dis
pose of 10O,O00,000 bushels abroad.
The A. A. A. said that in addition
to wheat exports, 145,220 barrels of
-four had been exported under the
-four subsidy program The subsidy
involved amounted to $5S,088.
Evening star., 1938-09-25
1O4 HIDDEN TAXES SEEN.

TRENTON, Sept. "a (SpeciaD An
ordinary cake OF facial soap is taxed
by 104 hidden levies, taking a toll of
1913 per cent Of the purchase price.
the Emergency Consumers Tax Coun-
Gil of New Jersey reports. These
hidden taxes, the council says, result
from levies on the tallow producer,
perfume maker, chemicals manufac-
ture,r, wrapper factory, soap company,
transportation agencies, soap whole
saler and the retail store.
Evening star., 1938-09-25

TT appears from the records that Vir-
ginians are fast realizing that home
Is the best investment"
Areas reporting were: Norfolk, 66
deeds, consideration, $181, 400; Rich
mond, 1l3 deeds. 1862 200: Arlington,
73 deeds, $335.655; Roanoke, 10 deeds,
$11.275: Alexandria, Is deeds, $65, 400;
Dauville, IL deeds, 3ll,77S.
Evening star., 1938-09-25

Visitors to Smithsonian Institution
39,978 previous week, 1894; year
ago, 47,626.
Building permits, $4,000, $50, includ-
ing a $l,400,000 permit for new Mu-
nicipal Court Building; year ago
$369,O0O.
Capital Transit total passenger reve-
nue. for week ended Wednesday, $685.
1853; year ago, $200,347. Number OF
telephones in use. August 81. 232, 2,293
gain of 1863 over July; August 81. 1887,
22O,333. Average number Of originating
calls, August, 840,649; year ago, 797,-
$50.
Evening star., 1938-09-25
Store Sales Climb IN Week
But Remain BelO,u Year AGO
Gains Ouer Previous Period Rance
From as High as SIS and 6S Per Cent
tOa Decline of 8.27 Per Gent.

Washington retail trade last week
showed an increase of 1896 per cent
over the previous week, it was an
nounced by the Department of Com
merce. This was an average, how
ever, as different stores reported a
variety of results, running from in
creases as large as SIS and 68 per
cent to decrease of 8.27 per cent.
Compared with year ago, one
store reported an increase of 1876 per
cent; all others reported decreases
averaging 3.78 per cent.
Clearings, $22,S9O,5S9; year ago,
$2l,831,326.
Evening star., 1938-09-25
DAILY VOLUMES
DSATURDAYS

lation centers, the Virginia Real Es-
tate Association reported today.
This was an increase of $3.50, 400 and
80 deeds over the previous week, when
$40 deeds transferred real estate val
ued at SLOTS. .206.
Continued activity in realty circles
Il indeed gratifying to realtors, As
socistion Secretary Otto Hollowell said
Evening star., 1938-09-25
NORFOLK & WESTERN
RECALLS 125 WORKERS

BY TIE Associated Press,
ROANOKE. Va, Sept. 24.-Ap-
proximately 125 furloughed men are
being called back to work in the
Roanoke freight car repair shop of
the Norfolk & Western Railway, 1t
was learned today.
The men are being called back as
q result Of program Of heavy re-
pair work on some 500 gondola coal
cars, which is expected to continue for
about three months,
Evening star., 1938-09-25

September 25.
1888, with $8,-
100000. Deposits
have risen tc
more than $24,-
600, 900.
Earnings a n d
profits of the
bank warranted
Inauguration of
dividends Febru-
ary l, 1886, and
dividends at the
rate of S per cent
q year have been
paid since that
t m e, totaling
$3.50 600
Evening star., 1938-09-25
HAMILTON BANK
|SFNE YEARS0LD;;
GROWS STEADILY
Deposits Hit $24,OOO, 900,
Nearly TrebIed Since
Opening in 1888.
5 PER CENT DIVIDENDS
PAID SINCE EARLY 1896
Institution Has Increased Surplus
to $675, ,000-Undivided Profits
and Reserves to $230,539.
BY HAROLD B. ROGERS.

The Hamilton National Bank is five
years old today, with a record which
has been marked by steady growth,
placing it among the first five largest
financial institutions in the National
Capital.
Five years have nearly trebled de-
posits of the Hamilton, which opened
Evening star., 1938-09-25
REAL ESTATE ACTIVITY
CLIMBS IN VIRGINIA
ny the Associated Press

NORFOLK, Va, Sept. 24.-Real es-
tate activity swung sharply upward
during the past week, when $40 deeds
conveyed realty valued at 3l,367,70
In Avs of the CommonWsalthS popu.
Evening star., 1938-09-25

Starting with a capital structure
Of $1,000,000 capital and $25O,000 sur
plus in 1888, the institution has in
creased its surplus to s675,0O0 and
undivided profits and reserves to $780,
539.19.
Condition Statement.
A condensed statement of condition
ing:
Evening star., 1938-09-25
STOCKS REGISTER
QUICK RECOVERY
AFTER SHARP SAG
Contrasts in Hope and Fear
Over European News
Reflected by Market.
MOST OF EARLY DROP
WIPED OUT AT CLOSE
Prices Finish Week About Where
They Started-Break in U. S.
Steel Soon Over.

What Stocks Did
The Kennewick courier-reporter and the White Bluffs spokesman. [volume] (Kennewick, Wash.) 1938-1939, 1938-09-01

Treatments were served by the
hostess.
]. Long and wife and Laura Long
of Tacoma, sister and brother OF
Gus Long visited at the Gus Long
home Sunday.
Mr.. and Mrs. A. L. johnson and
family and Ralph Long and family
were guests Wednesday evening at
the Gus Long home, the occasion
being Mr.. Longs birthday.
Mr.. and Mrs. II. Vandine, Mar
garet Kinney and Mrs. Dickerson
were Walla walla visitors Sunday.
Mr.. and Mrs. Ralph Pugh and
family, DR.. and Mrs. Lemon, Mr..
and Mrs. Elmer Finkle Of Richland
and Mrs. Coates and son of Kenne-
wick were Sunday guests at the
home of Mrs. F. Lewis.
Ruth Sloan was taken tosthe Pas.
co hospital Tuesday evening suffer
| ing from an attack of appendicitis
Mr.. and Mrs. Frank Bray and
children of Seattle visited this weel
at the home of Mrs. Bray's parents
Mr.. and Mrs. G. L. Dietrich.
Sunday Mr.. and Mrs. Dietrich
Mr.. and Mrs. F. Bray and Mr.. ant
Mrs. Hubert spent Sunday at Toll
gate.
Mr.. and Mrs. Henry Hartung and
daughter are visiting in Idaho.
The Kennewick courier-reporter and the White Bluffs spokesman. [volume] (Kennewick, Wash.) 1938-1939, 1938-09-01

Mr.. and Mrs. Rolph Of Prossel
were guests Sunday at the home
of Mrs. Rolph's parents, Mr.. and
Mrs. J. e. Mowery.
The Richland community is hold.
ing a reception for the teachers in
the new grade school building Fri
day evening. This is not a dedi-
cation for the new building. The
dedication viii be held at a late,
date.
Francis Wetheral is In Montana
this week. M.
The Kennewick courier-reporter and the White Bluffs spokesman. [volume] (Kennewick, Wash.) 1938-1939, 1938-09-01
W.S.C. Graduates
Are United at
Church Ceremony

In the English Lutheran church,
OF Kennewick early Sunday morn.
ing, Miss Wilma Elizabeth. Luelloff
daughter Of Mr.. and Mrs. o. H
Luelloff became the bride of DR.
Leonard L. Ogburn of Bellingham
son Of Mr.. and Mrs. William Og-
burn of Selah.
The service was read by the Rev
Carl Lucky.
/. The bride wore a dress Of Alice
blue. Her, corsage was Of pink
roses. Miss Irene Luelloff, sister Of
the bride was her only attendant.
She wore figured navy blue dress
with navy accessories. Her cor
sage was Of pink rosehuds.
& DR.. Lyle g: Nicholson Of Puyal-
lup was best man. !.
Immediately following the cere-
mony, a wedding breakfast was
served at the home of the brides
parents. Soon after the breakfast
the bride and groom left for Bel1ing-
ham, where the groom Is employed.
+ For travelling the bride wore q
gray suit with wine accessories. The
bride is q graduate Of Washington
state college and is member Of the
Mu Phi Epsilon national honary for
music.
The groom also attended Wash
ington State College and Is MEM
Der Of the Montezuma Club, Sphinx
club, Alpha Psi honorary. Junior A..
G. M. A. and Vet Alumnus. Both
bride and groom graduated this
spring from w. 8. G.
Out-of-town guests were Mr.. and
Mrs. William Ogburn Of Selah, Mr..
and Mrs. John Ogburn of Selah, Mr..
and Mrs. William Lyons Of Yakima
and DR.. G.. Nicholson Of Puyallup.
Mrs. Roy Allen left Wednesday
morning for Everett, where she will
visit Grace Allen for few days.
Mr.. and Mrs. NJ. NJ. Ellington Of
sunnyside were Sunday guests at
the G. y. Burlington nome Sunday
the Billingtons driving to
Tollgate.
The Kennewick courier-reporter and the White Bluffs spokesman. [volume] (Kennewick, Wash.) 1938-1939, 1938-09-01
THURSDAY, septemb.r


or Rev, R. :. D. ,,; strayfeller ;, -
Strayfeller. prother joI'
Leone skeen and pav, 49,.
Kennewick were visitn ss Miller 4
c, skeen home Tuesday at The
,ni Mr. and. and Mrs. Lauren w.,
City. N Bent,
ss ghs Social Hour 10 club will ma.
Alvine George with M e o. u
sisting. 3'egog u
The Kennewick courier-reporter and the White Bluffs spokesman. [volume] (Kennewick, Wash.) 1938-1939, 1938-09-01

Dave Ray Of Ralston was an
overnight guest at the Ed Rayhill
home Sunday night.
Mr.. and Mrs. Tony Mayer and
family returned home from Spo-
kane Saturday after spending q
few days there with relatives.
Mr.. and Mrs. r. II. Rasmussen
were Sunday callers at the home
of Mr.. and Mrs. Ed Ray. <
Mr.. and Mrs. w. FELTON, were
Tuesday callers at the Billingsley
home.
w. L. Foraker, accompanied by
vern Foraker left by truck for Sc
attic Monday morning.
Mr.. and Mrs. VIM. Speer and
family spent Sunday with Mr.. and
Mrs. Floyd Thomas at Dixie.
Mr.. and Mrs. Bert Perkins and
family, Mr.. and Mrs. Bob Pace and
daughter, Irene, and their house
guests, Mrs., A. p. Shireman and
sons of Bothell, picnicked at Rich
land park Sunday, the occasion be-
ing the Twelfth wedding anniversary
of Mr.. and Mrs. Pace.
w. S. Green was business visit
or in Benton City Wednesday.
Mrs. Vern Combelic and child
rem left this week for Puget Island
where Mrs Combelic will teach this
year. Mr.. Combelic will go to We.
natchee, where he will work during
the apple harvest.
Mr.. and Mrs. E. j. Brand &C.
companied by Mrs. Brands mother,
Mrs. Gilliland, motored to Touchet
Sunday evening where they had
dinner with Mr.. and Mrs. G. r.
Jungstrum.
Verne Soper left this week for
Yakima, where he will work dur
ing the fruit harvest.
Lester Liebel returned home Sun
day evening after spending a week
with relatives in Grants Pass, Ore
gon.
L i q 4 - Il g. HH : E. 81 ~ -
Paul Anderson and sister, Miss
Anna Anderson of Palcuse, were
overnight guests of Mr.. and Mrs.
Harry Higley Friday. They return
ed home Saturday, taking a load
Of Kennewick peaches with them.
Mrs. G. T. Whitney and children
Of the River Road left Wednesday
for Yakima to work In the hops.
Miss Bertha Belle Smith Of Sc
attic will arrive this weekend from
Seattle to spend q few days at the
home Of her grandmother. Mrs.
Bertha Simsen.
Miss Louise Simsen left today
for Yakima where she will resume
her work in the Yakima public
schools.
Mr.. and Mrs. Sammons of Seattle
were guests last week Of Mr.. and
Mrs. Henry Paulsen. Mr.. Summons
is state grain inspector. They left
for their home Saturday, accom-
panied by Miss Beatrice Paulsen,
who will remain In Seattle this
winter. =
The Highland Woman's Club will
meet Friday, September 2 at the
clubhouse with Mrs. G. n. Meyer,
Mrs. Ted Watkins, Mrs. Joe Wat
kins and Mrs. Harry Higley as
hostesses. This Is the first fall
meeting and roll call win be re-
sponded to with: "Your Earliest
School Day "Reminiscences" All
Highland ladies are invited to at
tend. 80
Norman Robbins was unable to
attend school Monday morning due
to illness.
Harvey Paulsen left this week for
- go +.