davidaulloa/AmericanStories huggingface dataset:
Evening star., 1938-10-18
INSURANCE LOAN
PAYMENTS RISE
Northwestern Life Reports Gain
After Lag Behind 1887 for
First Six Months.

Special Dispatch to The Star.
MINNEAPOLIS, Oct ls-Repay-
ment of loans by borrowers on their
life insurance policies turned upward
in the third quarter of 1888. after run
ming IS per cent behind 1887 for the
FIRST six months Of the year, according
to the nine-month report OF North
western National Life Insurance Co.
The company's total policy loans
showed an increase to s96l3,59l13 as
of September 80, 1888. compared with
$9,253,58673 as of the same date a
year ago which is only about half the
ratio of increase in policy reserves over
the same period. In the same time,
however, the size of the average indi-
vidual loan outstanding has climbed
to SAITH, substantially larger than a
year ago, when the average borrowers
obligation on his policy was $3l6.35.
Policy loan repayments for the three
months ended September 80, 1888, were
$11e,22s9l, compared with $ll0,608.70
in the corresponding quarter of last
year, the report shows. Repayments
for the drst six months of 1888 were
$3.50, ,545.48, compared with $780,
738. 60 paid OF by borrowers in the first
half Of 1887.
Evening star., 1938-10-18
FEDERAL LAND BANKS
CHICAGO LIVESTOCK.

CHICAGO. Oct. Is ,lR' UNITED States
Department of Agrlculturel HOES, 10
s%eishts ovs: @so bounds; faily ste..dy =. WIN
Ioo 100 se9d ,sn and choice eend e2o-aso ss
poundS5 p "a bounds RGunSsd sood s00
300 pcunds packing sows: s.75,7 ;,5l 10: GIy few
down to $50
done On fed steers an and ysarlinss to make ls
loads strictiy, prime ,weishty steers sod Ct
largely steer run; stockers and, feeders
steady to weak heavy feeders SLOW: fed
beet cows weak; CUTIE, Grades steady lt At
down; vealsrs more active at lo;00-I1 90:
late Monday AT ambs Weak to Is ower
in.between kinds down most; top: s.15 % On
500: hulk. Westerns; 7,50-sJ5: according
lambs 7'75-s 90: food and choice West
erns 775;s1o; best held htshsr; tIa = nst1ye "
stronger; TOP. 500
Evening star., 1938-10-18
IDLE EFUNDS SPUR
MARKET ADVANCE
Price to- Earnings Ratio
Reaches Record Level,
Service Declares.
,recial Dispatch to TIE Star,

Special Dispatch to TIE Star,
BOSTON. Oct. lS-Current earn
ing power is being capitalized by stock
prices at about as high price-to-
earnings ratio as has ever existed,
the United Business Service points
out in its weekly report.
There appear to be two major rea-
sons for the so per cent market ad-
vance from the spring lows. First
and most important is the Govern
ment's financial policy. The situation
is somewhat like that in 1927 when
business was declining, but the stock
market kept on rising. The answer
lay in what was-for those days-the
easy money policy Of the Federal Re-
serve which brought on the credit
imitation of 1s28-9 Today we have
even easier money. plus an outpour-
ing of Government funds which is
piling up tremendous pressure Of
idle money.
The banking figures tell the story
Bank deposits are above the 1890
level, and again close to the 1887
high. Bank investments are even
higher than in 1887. This pressure Of
money has been great enough to
force stocks up despite continued
lack of confidence in the longer term
business outlook in many quarters.
Secondly. with bonds at unprece-
dented high levels, no good alternative
to stock investment is presented.
Hence, those unwilling to hold deposits
idle are being gradually forced into
the market. Added to this pressure
of idle money is the fact that business
is improving and that earnings have
unmstakably turned upward The
combined effect of those factors &C
counts for the recent strength in
security prices.
Evening star., 1938-10-18

EXECUTIVE WINS HIGH
HONOR-The American In
stitute of Mining and Metal
lurgical Engineers has award
ed to Louis Shattuck Gates,
president of Phelps Dodge
Corp, the William Lawrence
Saunders Gold Medal for his
achievement as an engineer
in the development of large
scale methods of mining cop
per ore, it was disclosed today.
Others named for the honor
in the past have included the
late John Hays Hammond and
Herbert Hoover.
A native of Boston and a
graduate of Massachusetts, In
stitute Of Technology, class of
1902, Gates became president
of Phelp Dodge Corp. in 1880.
The Saunders Medal is award
ed for achievement in mining
engineering and adminiStra-
ton.
Evening star., 1938-10-18
SUGAR DELIVERIES UP
SHARPLY IN SEPTEMBER
By the Associated Press.

By the Associated Press.
The Agricultural Adjustment Ad-
ministration reported sugar deliv-
cred to American markets during
the first nine months of 1888 under
domestic marketing and import quotas
totaled 4824,766 short tons, raw value
Deliveries during the same period
last year totaled $3.50 866 short tons,
raw value Deliverieas in September
totaled 694,s53 compared with 51.27s
in the corresponding month last year.
Stocks of sugar held by cane re-
firers on September 80 we're reported
at 702,809 short tons compared with
462,782 on the corresponding date last
year.
Evening star., 1938-10-18
South Penn Cuts
Oil Quotations
TOFiue-YearLOlU
By the Associated Press.

By the Associated Press.
PITTSBURGH. Oct. l8.-The South
Penn Oil Co. today reduced Corning
grade oil in Buckeye pipelines 10 cents
a barrel to 81 cents, the lowest price in
five years.
Oil circles reported the cut was tn
line with recent reductions in the mid
continent fields
The reduction was the second In
two months. similar cut having
been announced last September g..
The new price is the first time Corn
ing grade crude has been below 81
since September s. 1888, when the
price was 95 cents. The high for
the years l933-38 was sl.42 barrel,
Evening star., 1938-10-18
OIL PRODUCTION
MOUNTS SHARPLY
Daily Average Crude Rate
Jumps $500 Barrels
During Week.
BY the Associated Press.

BY the Associated Press.
TULSA, Oct. l8.-Production Of
crude oil in the United States increased
35,103 barrels daily during the week
ending October Is. bringing the daily
average to 3,279.l28 barrels, the Oil
and Gas Journal reported today.
Oklahomas output rose $3.50 barrels
daily to 457,050. East Texas increased
449 to 369.749 and the State Of Texas
was up $3.50 to l,248,6
Louisiana decreased 2,3l9 barrels
daily to average 268.35l, California was
up 1880 to 682 800 and Kansas in
creased SIS to 1925.
Eastern States, including Illinois and
Michigan. increased 4.025 to 233,872
and the Rocky Mountain West in
creased 300 to 68.270.
Evening star., 1938-10-18
NEW YORK STOCK EXCHANGE /

2:30 pm.
1898 Stock and Sales Net
High Low Dividend Rate 90. High. Low. Close chee
So 2s4 Zonite Products ---- 81 AZ 3h ~ + y
Approximate SoIe OF Stocks the N. Y. Stock Exehonoe
II: 90 A. AM-- $50 900 1900 Noon $4,000
1:OOPM 100000 200 Pm 100000
sUn Of trading 10 shares , -..- 49, 49,,
sin bankruptcy recevershp under
Bankruptcy Act securities assumed by such companies
the foregoing table annual dsbuIss
quarterly declarations
noted special extra dividends not In
cluded - -
preference stock 25 share SO stock
far this PAYABLE in stock
last stock Accumulated dividend paid de-
Evening star., 1938-10-18
FAILURES TOTAL HIGHER,

NEW YORK, Oct. 18 (P.-Business
failures in the United States for the
week ended October l3 advanced to
226 from 1872 in the preceding week,
Dun & Bradstreet reported. A year
ago they totaled l91.
Evening star., 1938-10-18
U. S. TREASURY POSITION.
By the Associated Press.

The position Of the Treasury on October
$50. ii3. .553oo: net ,t' balance, s4'sn3Ias'r
:,4so3. including s2.las 1872 $50 So work
ins BALANCE: customs receipts for the
month S13.635.511 Los
Receipts for the fiscal year fsnce July
y. 81 664, 500, 6122.3S expenditures 81
$50 90". $685. including Ss15.926,415."9
Of emergency expenditures; excess CT eX-
penditures. Sa26. 6.O11.ss3 gross debt.
S3s 4"a,1 7as"6,61 an increase of $3.50
61s 80 above the previous day; gold as
sets, S13. aS7.910 1897
Evening star., 1938-10-18
BOSTON WOOL MARKET.

BOSTON. Oct. is. tP,-tUnited States
market in Boston was slow. but quotations
were firm today. Fine territory woods in
original bass were quoted unchanged from
basis. for short French combings: 81 to SIS
cents. secured basis. for good French comb
ing lengths and around 20 cents. secured
basis for bulk staple combing lengths. A
few inquiries were being received
Evening star., 1938-10-18
FREIGHT LOADINGS.
METAL MARKET.

NEW --ORK. Oct. Is LP,-Copper
steady; electrolytic spot .25; export
1l.l4. Tin barely steady; spot and nearby.
45.l2,2: forward, 45.15. Lead steady; spot,
New York; 5.l0-15: East S. Louis, 4.95.
Zinc steady: East st. Louis spot and for
ward sos. Pig iron aluminium antimony
quicksilver. platinum and Chinese wolfram
ite UNCHANGED
Evening star., 1938-10-18
HIGHER ASSETS SHOWN
BY TRI-CONTINENTAL

By the Associated Press.
NEW YORK, Oct. 18-Tri-Co
mental Corp, an investing company,
reported net assets as Of Septem-
ber 80 were $34,244,562 before de-
ducting bank loans and funded debt,
equal after allowances for the loans,
dehentures and preferred stock to $3.61
Evening star., 1938-10-18
Washington Exchange

SALES.
Potomac Electric Power Sc pfd.-
10 at lis.
Security Storage Co-l6 at ll2.
AFTER CALL.
Washington Railway e. Electric pfd.-
so at ll2l2; 20 at ll21a.
Anacostia g. Pot. Guar. 5s-$l 900 at
ll0i4; $1,000 at l1ol4.
Riggs National Bank com.-l0 at 267.
Evening star., 1938-10-18

The cheese porters in Akmaar, one
Of the chief market towns for cheese
and butter in Holland, belong to a
society and wear a distinctive uniform
Evening star., 1938-10-18
DOLLAR GOES DOWN
IN LONDON DEALINGS
BY the Associated Press.

BY the Associated Press.
LONDON, Oct. 18-The United
States dollar lost q Of cent to ster-
ling today, closing 4.753s to the pound,
against s4745s for sterling in New
York overnight
French francs held at 1889 to the
pound.
PARIS, Oct. ls (P.-Closing rate
for the United States dollar was 37.59
francs (2660 cents to the france in
foreign currency trading today. In
comparison, the franc was quoted 1855
cents in New York overnight. Exchange
on London 1850
In Bourse trading per cent rentes
were 1850 francs; 412s a., 8l.00; 412s
1887, 1925.
Evening star., 1938-10-18
ODD.LOT DEALINGS.
BY the Associated Press.

The Securities Commission reported to-
day these transactions by customers with
odd-lot dealers or SPECIALISTS on the New
York Stock Exchenee for OCT. II: 1857
ss4 sales. involving 3oa2ss shares.
Evening star., 1938-10-18
RUBBER FUTURES.

NEW YORK. Oct. 1s lP.-crude rubber
futures opened z lower to 2 higher. De-
cember. 16.s5-ss: March. 16.92-95: May,
16.06-9S
Evening star., 1938-10-18

common share. This compared with
s33, ,402, 1925 or 1925 a common share
December 81 last.
Evening star., 1938-10-18
MONTREAL SILVER,

MONTREAL. Oct 10 P.-Silvef IA.
lures opened unclaimed. October 1928 bid
Evening star., 1938-10-18
BUSINESS LOANS
INCREASE IN WEEK
Banks in 101 Leading Cities
Report Expansion of
% Millions.
b. the Associated Press.

bs the Associated Press.
Banks throughout the country in
creased their commercial. industrial
and agricultural loans in the week
ended October IL.
The Federal Reserve Board said,
after surveying banks in 10l leading
cities, that increases were reported
in II of the IL Federal Reserve dis
tricts. Ii the 101 cities, the increase
amounted to $2S,o0o,oo0. A $1,000, 900
increase WAS reported in the st. Louis
district and $6,o00,o00 in the New
York district Other districts, except
the Cleveland area which had a ST.
100000 decrease, also reported gains.
This was the third consecutive week
that the l0l cities had reported gains
in business loans and was the largest
for any week in several months.
The boards statement gave the fol-
lowing summary Of assets and liabili-
ties on October IL. together with
changes for the week and with the
same week last year, in millions of
dollars:
Evening star., 1938-10-18
Bid and Asked Prices.
BONDS.
PUBLIC UTILITY

PUBLIC UTILITY
Bid Asked
Anacostia & Pot. 5s As 90
Anacostia e. Pot Guar IS lOa
G. q Tel. OF Va. 5s 1914
Capital Traction r. r. IS - so
City L. Suburban IS sS
GEORGETOWN Gas lst IS l1S
Pot. Flee Power 3Hs 1861.
Wash. Gas SIS 1858 ~ lO4 4 1O5L
Wash Gas rs 1860 100
Wash Rwy Elec As lO7
MISCELLANEOUS
Chevy Chase Club 1st 4I4s ln4
Col. Country Club lst 4As lO3
Ter r. & W Corp 1st 4l4s 102
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1938-02-10

While it's winter now, it won't be long before
things will be enraptured with the glory Of the
summer moon, or something.
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1938-02-10
Methodist Build
Parsonage Here
Construction Of Parsonage For
w. Jefferson Methodist Church
Nearly Finished.

Construction on the fine two-story
parsonage of the West Jefferson
Methodist church has been practi-
cally completed and last week Rev.
and Mrs. w. J. Huneycutt moved
into this attractive new home.
The five downstairs rooms have
been finished and during this year
members of the church are in hope
of completing the rooms upstairs
and having the building brick We
neered.
The building, which is valued at
around $4,000, has been erected
during the past six months. Carl
Dancey was foreman and the mem
bers of the building committee
were T. E. Parker, chairman, Ray
mond Duvall and r. B. Jackson.
AS the membership of the church
is comparatively small, construction
of such building was a big I'M
dertaking, but to the popular pas
tor and members, it has been a
labor of love-. Most of the finan-
clal obligations on it have already
been paid and the regu1ar expenses
OF the church met, which is Iquite
compliment to the church. All of
the members are said to have con-
trlbuted literally. Mr.. Jackson gave
the lot and Mr.. and Mrs. j. L. Sc
graves. the roof.
The West Jefferson Methodist
church was established in 1921 and
up until 1886 it was part of the
jefferson charge. Mr.. Hunneycutt
is the first full-time pastor of the
station and a parsonage has been
badly needed.
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1938-02-10
Two Ashe County
Boys Are Golden
Gloves Champions
Garrett Clark Wins In Charlotte
And Woodrow Davis In
Raleigh.

Ashe county fighters showed the
state that they are champs.
Woodrow ''Peck" Davis, Lam
sing boy who is a rouhomore at
Wake Forest college, last week won
a beautiful trophy in the golden
gloves tournament at Raleigh.
Davis scored two technical knock
outs and drew one forfeit to win
the 169-pound classification contest.
In The Raleigh Times he received
much favorable, publicity.
The popular Lansing boy, who is
the son of, Mr.. c. N. Davis, has
never lost a fight. He graduated
from the Lam ing high school in
1886 and is making a splendid rec
ord at Wake Forest, both in activi-
ties and studies.
Garrett Clark, also of Lansing,
and sophomore at A. S, T. c.,
likewice won out in the golden
gloven tournament at Charlotte, in
the welterweight class, while John
Rackley lost in the final round. Two
other A. S. T. c. boxers won in the
tourney.
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1938-02-10
]. I'll. Bowling Died
Suddenly Sunday
Aged Laurel Springs Man Died
In Chair. Burial Tuesday
Afternoon.

James H. Bowlin, age u, died
uddenly from heart failure last
Sunday afternoon at the home of
i is brother, George w. Bowlin, in
the Laurel Springs community.
He had been suffering with heart
trouble for some time and the end
came while he was sitting in a
chair
Funeral services were conducted
at Peak Creek Presbyterian church,
of which the deceased was faith
full member, Tuecday afternoon and
were conducted by Revs. j. w. Luke
and Gilbert Osborne.
Mr.. Bowlin was the son of Mr..
and Mrs. James Bowlin, of Wilkes
county. He was born on May 49,!
1865, a short time after his father
left for Virginia to fight in the Con-
federate army He never saw his
father as he died on the battlefield
at Orange courthouse, Va.
In 1886 he was married to Miss
Miss Sue Ann Osborne and they
lived haeppi'y together until her
death in 1927 No children were
born to this marriage. Mr.. Bowlin
is survived by several brothers and
sisters.
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1938-02-10
Library Notes
MRS. C. ID. NEAL

The State Library Commission
has recently sent us some of the
outstanding and popular books of
1887.
Among them are Ear AS in the
Dark, an English story by an En-
glish author, Naomi Rayde Smith;
"Under the Nutmeg Tree, by Mar
gerry Sharp, also an English author;
'Three Comrades, by Enrich Maria
Remargne, the German author;
Bright Island, by Mabel L. Robin
son, American author.
''For AS in the Dark" is re-
markable book. It is story of
degenerate family of an old name
in the peerage.
A woman in the middle class
family, by an illegal act causes the
ruin and death of all her family
after they became involved with
the family in the nobility. The
plot follows the old adage of "Be
sure your sins will find you OUT.
''Under the Nutmeg Tree" is a
book to pick up when one is in
mood for very light reading. It is
pleasantly entertaining.
In the last weeks Saturday Even
ing Post, the, author writes a short
story with the same characters, so
perhaps she intends allowing us to
keep up with them as the author
of the "Jalva" books has done for
$50 long.
The other books received have
not yet been read.
a At last we have "Gone With the
Wind from the State Library and
now since we have three copies of
that famous book for loaning every
one who has not read it and wishes
to do so will have an opportunity.
BECAUSE the library was closed
last week it will be open from $50
A. M. to $50 p. NJ. each day until
Saturday, when it will be open
from 1sP. M. until o'clock.
The usual library hours are from
l p. M. until 5 every week day ex-
cept Thursday when it is not open.
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1938-02-10
Entered as second class matter on Oct !, 1925 at
the post Office at West Jefferson, North Carolina
1syGOALS FOR 1888!

The Skyland Post urges everyone to CO.
operate to the fullest in endeavOring to reach
the following goals in Ashe county this years
First. to establish hospital in the county
Second, to secure at least new industrial
plant.
Third, to establish cannery.
Fourth, to attract more tourist trade by:
identifying our homes, yard and towns; offer
ering additional accommodations and attrac-
tions advertising this section to the rest OF the
world.
Fifth, to obtain more hard surfaced and sur
face treated highways.
Sixth, to sponsor an Ashe County Fair.
Seventh, to purchase fire truck for the pro-
lection of life and property
Eighth to practice more extensively the
trade-at-home policy.
Ninth, to promote dairying in this section.
Tenth, to establish municipal cemetery in
the Jeffersons
Eleventh, to organize merchants associa-
ton and civic club in the JeffersOns.
Twelfth, to promote the county library SER
vice.
Thirteenth, to help establish health de-
partment.
Fourteenth, to contribute our part towards
making our schools and churches better, and in
particular, to install agricultural departments
in our high schools.
Fifteenth to work together in harmony and
in peace.
Sixteenth, establishment Of hurley tobacco
n,ay,-et IN West Jefferson.
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1938-02-10
GREAT ORGANIZATION

The Boy Scouts of America is one OF the
fi~e organizations in the United States and
this week which marks the tWenty-eighth an
n sary Of this great character and good c1t1-
zeIlship building movement, we salute the
Scouts ana their leaders
Exclusive of the churches and schools, there
is no organization in existence that gives boys
better physical, mental moral and spiritual
training than Scouting. And the wonderful
part about Scuoting is that its program appeals
to all boys In scout troop, scoutmaster can
teach them vital, fundamental things that they
would perhaps otherwise never learn, not even
in school or in the churches A truly good
scout will always be good citizen.
To be scout, each boy must take and live
up to the following oath: "On my honor will
do my best: first to do my duty to God and my
country, and to obey the scout law; second to
help other people at all times; third, to keep
myself physically strong, mentally awake and
morally straight.
The twelve scout laws are a scout is trust
worthy, loyal helpful, friendly, courteous, kind
obedient cheerful, thrifty, brave, clean and re-
weren't. His rnottos are, "be prepared" and "do
good turn daily.
It is through the wholesome and recreational
pursuits that the Scout movement reaches the
keen interest of the American youth and con,
verts the various forms Of entertainment into
real working factors in the upbuilding Of cha
racter and higher ideals. Through the expan-
sion program of scout activities, scouts learn to
do many things by doing" and the best part is
they like it. It teaches them how to do every
day things for themselves and others and in
spires them to be finer and nobler citizens
To be called "good scout" is the finest comp
lirnent that can be paid to a youth and to this
organization The Post extends its grateful
thanks for the services which it is rendering
and the assurance of every possible bit Of CO.
operation In the near future we hope that
there will be a number Of troops organized in
the county.
The Skyland post. [volume] (West Jefferson, N.C.) 193?-1988, 1938-02-10
By
TROY
ISAIAH
JONES

There will be meeting of the
bored of education next Saturday.
The teachers will meet in the I'M
r-conditioned auditorium of the
Wet Jefferson high school build
ing.
Way down east there is not a
fence even around the grave yards.
No one of course wants in and those
in can't get out. Furthermore, the
politicians don't believe in any
5arbed wire entanglements.
I see by the papers where fell
low in company of a preacher lost
his pistol. I wonder if it Was his
assistant pastor and fixing to shoot
the religion into them.
These two towns ought to be
strung out so that they would get
together.
There was q reduction in under
takers eupplies in Scotland the 9TH
er day and three men committed
suicide before the day was over so
that they could have advantage of
it.
EGYPTIAN boy king was married
in Brideless Islamic Ritual. Good
boy! Alta Boy!
l have traced the ancestry of
every monkey in Ashe county and
they should be proud that they
have descended from human be-
ings.
You can rest now under the shade
of your ancestral tree. 1t is sure
shady!
l have not heard the term peda-
gogue in so long that I think the
appellation should be reviewed in
Face of the Facts.
A question pleaGe: How far
North" has "Gone With the Wind"
pushed the "Slanting Shadows?
saw the picture Of the Shadow
of a Grounding the other day. I
was slanting North!
= y
There was a member of certain
legislature that proposed to cut off
the rear end of trains as he had
heard that that was the end that
caused SO many wrecks!
Men are called the "sterner" sex
because they have to take all the
kicking!
There are 54 kinds of volcanoes
in Japan. Who said the environ
ment did not play part in an ex-
plosive temperament?
The battle on New Orleans was
fought long after the war was over.
Some Of the battles, according to
Jap diplomatic circles, are fought
before the war started. Times do
change.