davidaulloa/AmericanStories huggingface dataset:
Evening star., 1938-03-20
ST0CKSSWEPTUP
. ON BROAD FRONT
/. AT WEEKS CLOSE
SteeIs, Motors, Aircratts,
Rubbers, Rails, Colds
Join Recovery.
LATE PROFIT SELLING
LOWERS DPS SLIGHTLY
Market Heartened by Break in
War Clouds Abroad-Barkley
Stirs Tax Revision Hopes.
BY FREDERICK GARDNER,
Press Financial Writer

BY FREDERICK GARDNER,
Associated Press Financial Writer.
NEW YORK. March l9.-Financial
markets finished a generally disap-
pointing week with recovery push
today, heartened apparently by q
break in Europe's ominous war clouds
Stocks got of to rallying start in
the short session following word
Lithuania had accepted the Polish
ultimatum Internationally, thus avert
ing. at least for the moment, a pos
sible military explosion on the Con-
tinent that could have embroiled Wr-
tually all world powers.
At the best share gains ran to 1 or
more points among favored steels. mo-
tors, rubbers, gold mines, aircrafts,
farm implements. rails, mail orders
and specialties. Top marks were low
cred trifie by profit selling near the
close.
Average Holds Adance.
The Associated Press average held a
net advance Of Z Of a point at 400
against drop yesterday of is points.
Transfers totalled 442 1910 shares COM
pared with 299850 last Saturday. The
average on the week showed a net
loss OF IA points. The turnover for
the six days was the largest for any
similar period since the latter part of
January
On the business side the days news
was scant, although forecasts were
heard OF a mild pickup in steel opera =
tlons next week and a possible bet
terment in automobile output.
Overnight study of the statement
OF Senator Barkley, majority leader,
that a tax revision bill that would
please industry would pass Congress
within month was a cheering in
nuence as was the enactment BY the
New York Legislature of a measure
cutting the States capital gains taxes
in half and otherwise tightening i'm
posts on speculative and investment
dealings
OH Shares Undisturbed.
Action of Mexico in expropriatine
the country's petroleum industry failed
TO disturb oil shares in the brief ses-
sion. Standard Oil of N. J. and Con-
solidated Oil, both with important in
terests In the southern republic.
closed behind plus signs, the former
up IA at Al. and the latter J.. at
8a..
Bonds reflected the latest peace
gesture with general improvement,
rail loans being in demand and for.
eign obligations moving up sharplv.
Dome Mines was one of the strong.
est stocks of the day, gaining 4 points
at 5l7s in response to announcement
share owners would be asked to vote
on a 2-for-l split-up.
Other climbers in the final session
included U. S. Steel at 81, Bethlehem,
55A; Chrysler, so; Kennecott, 36l. ::
Westinghouse, 863s: Du Pont, 113:
U. S. Rubber, 3lss: Montgomery
Ward. 32a.; j. I. Case, 80: Douglas
Aircraft. 40as; Homestake. So; Santa
Fe. 2sI; N. Y. Central, l3s. East
man Kodak. l48l2; Allied Chemical,
l56. and Allis Chalmers, 4512.
Stocks suffered the most severe
beating of the week on Friday when
it looked as though war was lust
around the corner. The general aver
age fell to new 2-year bottom while
the rail composite broke through to
the lowest level since 1892.
Evening star., 1938-03-20
IhTEROCEAN DIRIGIBLE
PLANS TO ISSUE STOCK
tResistered United states Patent once. i.
ASSocjated p-esS.

Ey the Associated ""ess.
The Interocean Dirigible Corp. Of
New York City filed a registration
statement with the Securities Com
mission yesterday covering 100000
shares Of 81 par value common stock.
The company said 1t intended to
design, manufacture, lease and repair
all types of aircraft, particularly
lighter-than-air craft and to develop
an airport.
Interocean Securities, Inc, of New
York City was named the principal
underwater.
Evening star., 1938-03-20
NEW RATES HELD
BLOW T0CARR|ERS
Poor's Declares !. c. c. Has
Done Little to Solve
Rail Problem.
Special Dispatch to The Star.


NEW YORK. March 10 In
freight rate decision which was rela-
lively disappointing, and which has
done little to solve the railroads prob
lem OF increasing revenues to cover
higher costs, the Interstate Commerce
Commission appears to have dealt a
severe blow to the country's railroads,
according to Poor's Bond Advisory
Service. The DECISIONS repercussions
have included sharp decline in rail-
road securities, and some setback to
general business.
The outlook for the many border
line roads has now become very dubi-
ous," states the analysis. The only
salvation for many Of them is an early
and sustained upswing in trafiic, or an
early and drastic downward revision
In wages and taxes. 1t appears prob
able that efforts will be made in the
near future to force an adjustment Of
wage rates.
There is no doubt but that the
railroad industry faces a crisis in its
affairs, and that the existence of the
crisis is we'll known to the various
authorities at Washington. Confer
ences are to be held In the near future
to seek solution. Pending further
developments in the railroad situation,
the conservative policy is to delay new
commitments in railroad issues. Poor's
recommends retention of underlying
obligations of the border line roads
with the exception of the "anthra-
cite" roads, on the basis that even
though bankruptcy is forced, there is
the strong possibility of changes in
the bankruptcy legislation to give
holders better chance of obtaining
occasional interest payments than
they have under present conditions,
A large majority of the junior obliga-
tions Of the border line roads are now
selling at levels which practically dis
count bankruptcy"
Evening star., 1938-03-20
ACTIVITY REEVES
At COTTON MILLS
February Rate Reaches
$50 Per Cent Against
93.5 for January.
By the Associated Press.

By the Associated Press.
The Census Bureau reported yes
terday the cotton spinning industry
operated during February at $50 per
cent Of capacity. on single shift
basis, compared with 935 per cent
during January this year. and l448
per cent during February last year.
Spinning spindles in place February
g totaled 26,549, 720, of which 22.356,-
638 were active at some time during
the month. compared with 26.6lO.596
and 22.326,444 for January this year,
and 27.103076 and 24.536,254 for Feb
ruary last year.
Active spindle hours for January
totaled 5,588, ,526.75O or an average of
2l0 hours per spindle in place. COM
pared with S,6S2, ,452,69 and 2l4 for
January this year. and 1884, ,662 ,065
and 308 for February last year
Spinning spindles in place Febru-
ary % in cotton-growing States
totaled 18,809, ,376. of which il6b12, sos
were active at some time during the
AA1OAltAs SOIAAP04Cu Will 1o,oLE Ut dIAu
l6,897,958 for January this year, and
18,952,236 and 17,760,252 for Febru-
airy last year.
Active spindle hours for February
in cotton-growing States totaled a.
383 169,00l. or an average of 233 hours
per spindle in place, compared with
4.554,720.798 and 242 for January this
year. and 6.374864,652 and 1886 for
February last year.
Active spindle hours and the aver
age per spindle in place for February
by States follow:
Alabama, 395,237,762 and 206;
Georgia, 742.429.79o and 229; Missis-
sippi, 56.154.744 and 270; North Caro-
lima. 1.288,259,87O and 213; South
Carolina. 1.479,9S5,l l25 and $50: Ten
nessee, l78.923,O48 and 29S: Texas,
62,51O,698 and 243; Virginia, l44,-
442,388 and 228.
Evening star., 1938-03-20
NEW YORK SUGAR.

NEW YORK. March 10 NPl-Raw SUGAR
was steadter today and spot prices points
higher on sale Of $500 bags Of Puerto
Rico for March shipments, following trans
actions OF 2s. 700 bags for April arrival late
yesterday at 3.05.
Futures were easier. especially the No.
I contract on increased Incubation and
news from abroad Final prices for the
No. were ga to 41a points net lower with
May ranging between l 90 and .O3. Sales
13 $50 tons.
Refined was quiet and UNCHANGED at
4.55-4 .65 for fine Rranulated.
Futures No. 3 closed UNCHANGED to .
lower; sales 5000 tons
Evening star., 1938-03-20
lACLEDE STEEL VOTES
DIVIDEND OF 15CENTS
Special. Dispatch to The Star.

Specie!. Dispatch to The Star.
NEW YORK. March 19.-Directors
OF Laclede Steel Co. declared a divi-
dend of Is cents a share on the COM
mon, payable March ~ to stock OF
record March 20. In 1887 the COM
pany paid Is cents in three quarterly
periods and $l.25 at the end of the
year. The company's plants are at
Alton and Madison, Ill.,, and Dallas,
Tex.
Evening star., 1938-03-20
FEDERAL LAND BANKS
NEW YORK. March 10 R,.-Federal
Land Bank bonds:
PHILADELPHIA PRODUCE

PHILADELPHIA. March 10 lP.--Live
poultry: Fowls. Plymouth Rock fancy.
32; mixed colors, 2O-21; ducks. Muscovy
white. 20: blacks. 1a.
Dressed poultry-Fowls. fresh killed in
Wheat-No. . red winter sarlieky. March
delivery. SoM.
3utter-QnehanGed.
eAen9od.
Evening star., 1938-03-20
STORE COLLECTIONS
IMPROVE IN JANUARY
BY the Associated Press.

BY the ASSoclateo PreSS.
The Commerce Department reports
department store collections on open
credit accounts were 3.3 per cent better
in January than in December, but were
IL per cent poorer than in January,
1897.
Evening star., 1938-03-20
RAW HIDE FUTURES,

NEW YORK, March 10 l4'.--Raw hide
ooo pouSs jun: s1ehss sis
$40: December. 9.7On. Spot No. I. West
srn light native cows s1a nominal. n
Evening star., 1938-03-20
WOOL TOP FUTURES,

NEW YORK, March 10 P.-Wool top
futures advanced slishtly in . small turn
over on trade buying and covering. Futures
closed I'll hisher. October .77.2b; Pc
eemher. 77.2h. SPOT. standard tops. $40,
The Washington times., 1938-06-10
Adm. Land
AttendS
Dinner

-Four Of the members Of the
Maritime Commission, Rear Ad-
miral E. S. Land. Rear Admiral
H. A. Wiley, Thomas M. Wood
ward and Max O'Rell Truitt
were among the stag" company
at dinner at the Shoreham last
evening.
The event, planned by the en-
tertainment committee Of the
Maritime Commission. was in
honor of the five visiting district
directors, who are E. c. Mauss
hardt, of San Francisco, Pacific
Coast division; w. A. Spencer,
of London, European division; J.
]. Fitzpatrick, New Orleans, Gulf
division, and Capt. Granville
Conway, of New York, North
Atlantic division. Edward C.
Moran, jr.. the fifth member of
the Maritime Commission, was
absent from town, being in Hon
olulu.
There were about IS in the
company, including the secretary
of the Commission, Mr.. w.
Creighton Peet, jr., and the gen.
eral counsel, Mr.. Bon GeaSlin.
Mr.. Geaslin is a member of the
entertainment committee. Others
on the committee are D. F. Hou-
lihan, chairman, and Harry p.
Stringer.
The Washington times., 1938-06-10
PETIT POINT

Cutting, secretary of the Warren
ton Gold Cup and great organizer
and last, but not least, Gould
Shaw, bridge and polo player of
endless fame.
The forty-eighth Upperville Colt
and Horse Show, with over 700
entries, promises to be one of the
largest and most successful in
years .. Some 285 horses will ap-
pear before the judges and II thor
oughbred colts are entered this
year while the hunter class is
represented with as many as so
quadrupeds . Many Washington
mans left this morning to see the
show and many more will follow
tomorrow night for the horse-show
dance to be held at the Buchanan
Hall, in Upperville, with Bob
Riley's excellent orchestra . Ed
die Gardiner was enjoying a solo
dinner" at Heigh-Ho last night E. .
before visiting the William Doel-
lers, to see the show with them
Jane Wilbur is planning a small
dinner to precede the event
Now let US jump to Madeira School,
at Greenway, Va. 50 pretty
girls were receiving their graduate
diplomas Lovely Mrs. Patrick
J. Hurley was watching from the
hill the charming scene below. In
a valley of grass and a background
of huge, heavy trees, the girls, all
in white tulle with punches of red
roses, were singing 20 God, Our
Help in Ages Past Mrs.
Eugene Meyer was mingling among
the crowd E. The Robert McCon-
nels beamed when their beauty of
daughter, Mildred, was rewarded
with certificate of satisfactory
work . Peggy Melville, from
New York and Stonybrook, L. l.,
came to see her younger sister,
Ruth, graduate Helen Virginia
Lowrey and Elena Atherton Mad
ison, from San Francisco, Calf,
were rejoicing over going home
The Washington times., 1938-06-10
Mr.. Hull Guest

The Secretary of State, Cor
dell Hull, was accompanied by
Mrs. Hull, the latter in dark
blue gown of silk net, with a
white trimming at the neckllne.
Her white hat had crown OF
dark-blue ribbon. Frau DECK
hoff whose husband, the Ger.
man Ambassador, was an ah-
sentee, being in New York yes
terday, was stunning to behold:
Her eggshell frock was topped
off by hip-length cape and her
hign-crowned matching hat had
q wide band of deep burgundy.
Ambassadors and Ministers
we're there in abundance, some
without wives and some with.
In the former group we saw the
, Ambassador of Italy, Signor Full
ivio de Suvich; the Ambassador
of Poland, Count jerry Potocki;
the Brazilian Ambassador, Senor
Don Mario Brandao, accompa-
MED by members of his staff
each attired in perfect form;
and Minister of Sweden, MI
Continued on Page 81, Col. A
The Washington times., 1938-06-10
By Igor CaSSln1

within a few days Marie An
toinette Bassett left right away
for Palm Beach, Fla. Mary
Wilson and Barbara Bradley, To-
cal gals, came to see some of their
friends.
Cold supper and music for every
body Charlotte Kennedy, from
Sewickley, Pa, looking as sweet as
ice cream .. Mary Imogene Gray
bringing back to D. c. one of the
diplomas John Victor was enter
tanning 40 friends at cocktails in
honor of pretty Margot Garrett :.
The three Truccos, Marta, Rebeca
and Manuel; Mary W. Brown, Mary
Louise Marsh, Emily Davis, Dolly
Corbin, Sammy Biddle, Billy Rus
sell, Hector Leguizamon and the
usual crowd there E. At night, to
the Shoreham to dance "in the
open" >. John Sobotka having some
difficulty executing the dip .
All at the same table a gay party,
composed of Barbara Lucas, from
Philadelphia; Bettina Belmont and
Mildred Mcconnell, from Middle
burg, and Jimmie Mccormick, John
Merriam. Ernesto de Angel, Rob-
ert Woods {. Flash! Flash!
George Mahoney is missing! e.. . He
left for New York few days ago,
and nobody has heard of him ever
since >. His friends are quite
worried, and they murmur it could
be elopement :. The colt McLeans
are leaving at the end of this month
for their Virginia farm Their
attractive daughter Sally will join
them after toa,rnee around the
country, performing as a Spanish
dancer :. The McLeans will settle
in Washington next winter :.
and their lovely furniture, dogs
and maid that they left in Rome,
Italy, are on the way back here
Mrs. Wallach Merriam is also leav-
ing next month for Newport, to
spend the summer with her sister,
Mrs. Woodbury. Blair.
The Washington times., 1938-06-10

erages there was aplenty.
, The Minister of the Union of
South Africa and Mrs. Ralph
William Close, proudly flying the
Union Jack from their legation
across Massachusetts, Avenue,
stood for long time on one of
the broad terraces greeting
friends and sharing in the well
wishes for their sovereign. Mrs.
Close was in pink and black
chiffon gown. with brimmed
black hat trimmed with pink
feathers. The Minister Of Can
ada and Lady Marler also re,
ceived expressions for the good
health and long life of King
George. The Minister was a
symphony in gray, while Lady
Marler selected a blue and white
print gown for the occasion.
The Washington times., 1938-06-10
Miss Phelps
Is Married

The marriage of Miss Corinne
Payne Phelps, daughter Of
Lieut.. Comdr. and Mrs. Henry
LevingS Phelps, to Lieut.. Rich
ard Marvin Bauer, U. S. A., took
place yesterday in the rectory OF
st. Paul's Church.
Lieutenant Bauer is the son
of Mr.. and Mrs. Whittier Bauer,
of Mitchell, S. D. The Reverend
Dacey performed the ceremony.
The bride, who was given in
marriage by her father, wore a
white chiffon afternoon frock
and a large picture hat trimmed
in white velvet and lilacS. She
carried a shower bouquet OF
white roses and lilies Of the
valley.
Mrs. Frank McKenna served
as matron of honor. She wore
a pale blue chiffon frock with
a large hat of rose-beige,
trimmed in Kings blue velvet
and carried a bouquet of pink
roses. --'
The bridesmaids were Miss
Dale Simmons and Miss Grace
Bailey. Miss Bailey was gowned
in chartreuse chiffon with a
rose-beige hat, trimmed in vio-
let velvet and carried a bouquet
of TaliSman roses. Miss Sim
mons wore pale peach chiffon
with a rose-beige hat trimmed in
strawberry velvet and she car.
ried a bouquet of yellow roses.
Merton Baird Tice, Of Mitch
ell, S. D., served as best man.
Mr.. Frank K. McKenna ushered.
Following the ceremony a
wedding breakfast was held at
the Army-Navy Country Club.
Mrs. Phelps wore a beige chit
fon frock with a matching hat.
The couple will make their fu-
ture home at Fort Monmouth,
N. H,
The Washington times., 1938-06-10
Plan Cruise
On June 20

A Gold Cup Transatlantic
Cruise" is in the offing for
friends of the Presidents Cup
Regatta Association, scheduled
to leave the dock for an eve.
ming of games and sports on the
good ship Potomac Monday
evening, June 20, at $50
oclock-the event to be under
the auspices of the popular
Fo'csle Club, of which James A.
Councillor is skipper. Other
well-known yachting enthusi-
asts and yachtsmen are the
ships officials, including First
Mate Andrew Duffy, Second
Mate Werner Smyth, Third
Mate Lieut.. Comdr. George B.
Gelly, Bos'n Arthur Godfrey,
Cox'n Malcomb Lamborne. and
Ships Carpenter Admiral Lee
o. Colbert.
This early summer cruise, for
the benefit of the annual re-
gatta fund, is one of the popu-
lar events offered during the
year in the interest of the now
world-famous Presidents Cup
Regatta, which this year will
take place off Hams Point Sep
tember II through September
25, featuring sailing and motor
boat races, a splendid water
pageant, and many social activi.
ties which always accompany
this spectacular regatta IN the
Capital City.
The gold cup cruise this sea-
son offers a novel plan evolved
by the Fo'csle Club, to give the
affair the atmosphere of a trans
atlantic cruise, with a ships
pool, horse racing, and bingo
games to while away the eve
ming, which otherwise will be
replete with "deck music" pro
vided by the travellers" them"
selves in the most up-todate
"cr1liSe tradition"
The Washington times., 1938-06-10

All of which surprised us ire
mendously and must have an.
noyed our lovely hostess, though
she said not one word when we
finally got there, and only two
hours late!
MINT JULEPS were served on
AVA the terrace, and later in
the quaint and gaily decorated
barn a delicious luncheon was
served, and of course crisp fried
chicken was the piece de reSis-
tance. Mrs. Adolph Guide, who
is an attractive person and lives
on a charming country place,
confided that chicken, which
everyone adores, is not nearly
as popular with her as steak,
on account of chickens are one
thing she raises in great mum.
bers on her country place.
DROOKE JOHNS rushed in
- and out and the last thing
we saw Of him was Brooke on
a tractor sailing off toward his
spacious fields. We wondered
what the great Ziegfeld would
have thought if he could have
seen his former featured player
in the Follies grown into a
country gentleman.
The Washington times., 1938-06-10

the Ones" they say . So here it
is! The big Ten" of the Hunt
ing Country =. First, we put Bill
Doeller. handsome, fashionably
attired, excellent pianist and en-
tertainer de luxe =. Second comes
John Buchanan, sweet and quiet
Warrenton squire. He has de-
lightful wife, they 60 along per-
fectly and Johnnie is beloved by
everybody Kenneth Jenkins
must, indeed, be very glamorous
if he could pick such a gorgeous
wife but he is also very dark
and handsome and an experienced
polo player Then we list that
boyish, unaffected former U. S.
Army officer, Major Austin Nc
Donnell. A typical gentleman
farmer.
Not lower than fifth, indeed,
should be that handsome and pop
ular Arthur White, who knows
horses from A to z Freddie
Prince is very urbane and a
big-game hunter e.. George Sloane
is a big and jovial fellow, and a
genial host -. Amory Carhart,
who comes next, is NJ. F. H. (of
Warrenton), and that's proof
enough of popularity in the
Hunting Country =. Then George
The Washington times., 1938-06-10
PETER CARTER
British Ambassador and Lady Lindsay Entertain PETER
SAYS:

TOHN OLEARY who lives in Chicago and loves it, but is
81 here great deal of the time, chuckng recently
friend who had asked him if he descended from
the Mrs OLeary who possessed the that tradition n
ss started off the Chicago fire John OLeary had to admit
that he relation to the famed Mrs OLeary Then he
told amusing story 1t seemed that when he very
young all his schoolmaes used to worry him to death in
quiring about his relatives and Invariably insisting that
John should claim THE MRS OLEARY ancestor.
Finally the young John got completely outdone and
to his father and told him his difficulties "Well, my boy
answered his very wise father here will always be three
names that will be remembered IN this counry-forever.
They are Washington, Lincoln and-OLeary" So John
tnued his schoomaes questions but with
The Washington times., 1938-06-10
Mrs. Edge
Is Sponsor

A children's dance carnival
for the benefit of the equipment
fund of the George Washington
University Hospital will be given
at Wardman Park Theater to-
morrow afternoon at 2:15
o'clock. The carnival is under
the direction of Miss Minnie
Hawk. who is also chairman of
the ticket committee.
Prominent among the patron
esses are Mrs. Hiram Bingham,
Mrs. Edward Goring Bliss. Mrs.
William S. Culbertson, Mrs.
Walter F. Chappell Mrs. Joseph
C. H. Colquitt, Mrs. William
Laird Dunlop, Mrs. Walter E.
Edge, Mrs. Hamilton Fish, jr.,
Mrs. Edward R. FinkenStaedt,
Mrs. Sherman Ford, Mrs. Lau-
renee H. Green. Mrs. Gilbert
H. Grosvenor, Mrs. James L.
Houghteling, Mrs. Joseph Hines,
Mrs. Samuel H. Kaufman,
Mrs. Charles Carroll Morgan,
Mrs. Charles H. Maddox, Mrs.
P. Lee Phillips, Mrs. William
Calhoun Stirling and Mrs. Adol-
phuS Station.
4 *%
Mrs. Dow W. Harter. wife of
Representative Harter, of Ohio,
has visiting her at the Shore.
ham, her sister and niece, Mrs.
William A. Reynolds and Miss
Dorothy Reynolds, of Shaker
Heights, Ohio. Mrs. Reynolds
and her daughter will spend
several days in Maryland and
Virginia before returning home.
X
Commodore and Mrs. A. W.
Stahl are at Scarsdale Lodge, in
Scarsdale, Westchester county.
N. Y.