davidaulloa/AmericanStories huggingface dataset:
Evening star., 1938-03-23
CURB SHARES SAG
ON BROAD front
Steady Selling Puts Some
Favorites as Much as
5 Points Lower.
n. the Associated Press

NEW YORK, March 23-Steady
selling lowered the curb market over
q wide front today, some trading
favorites declining as much as S
points.
A heavy loser was Aluminium Co., off
around S near the final hour. Now
mont Mining dipped about 4 and de-
clines of ! or more were noted n
Pittsburgh Plate Glass. International
Petroleum Creole. Lake Shore and
United Shoe Machinery.
Cities Service accounted for a good
. part of total volume, as traders
scanned proposed changes in the cor
porate set-up. It showed fractional
mark down.
Evening star., 1938-03-23
FOREIGN EXCHANGES,

NEW. ~oRE, March % GP-A fresh
Ha o. wng csnersd on S,ernE
doSsnEard n cr.'s Of the dollar today
hol1;na fairly steady in face of govern
m mental financial difficulties. slipped o0il:
OF cent. The helga and Swiss franc each
lost .ol ia cent. while the guilder dropped
.eii of a cent.
r. CHANCES n the dollar in London and
Paris we're neglieible
:. Noon rates follow: Great Britain ir
doilars others in cents. Great Britain
demand; 4.96,s: cables, 4.96i. coda,
5ills, @ 4o5ss: France, demand. 3 .o6; cables
3.06: Italy. demand. 526ia: cables 5o6R
frie: 4o;ia: resistered. 1855; ia"l travel
Sweden, 25 81; Denmark. a2.I7: Finland
2sohs: Switzerland. 2295: Spain. un
Poland, s.92: czechoslovakia, $50: Yugo-
siayia, ,a U 235: Austria. unauoted: Hungary
ISan' Rumania. .75: Argentina. RI on;
Brazil cree,;; 5.s5n; Toxic: es.95: shans.
nal - g: Hong Kong, 30.95: Mexico City
unouoted; Montreal. in New York, 99. .5fX;
New York, in Montreal. 100. .43'4.
Evening star., 1938-03-23
&,653,324 Earned
By u. S. Smelling
In Twelve Months
e the Associated Press.


BOSTON, March 23.-United States
Smelling, Refining e. Mining Corp. to-
day reported for 1887 net profit of s6,-
653, 1924, equal, after full yearly divi-
dends on the preferred stock, to s9.4s
a share on 528,765 shares of common.
In 1886 the company reported net
profit of s5,455,276, or s7.22 share
on the same number of common
shares after preferred dividend re-
quirements
The company's properties are ex-
tensive and located in mining sections
of the Western United States, as we'll
as in Mexico.
Directors declared a dividend of 81
a share on the common, payable April
IS to stock of record April /. On April
IS, 1887, the company paid a dividend
of 50 share.
Evening star., 1938-03-23
s. a.391,6o0 3.433.550 5l.43O
Reported for week ended
ARGUMENTS ARE HEARD
ON GREAT WESTERN PLAN
BY the Associated Press.

HS tiie fsSocidteu fTeSS.
The Interstate Commerce Commits
sion heard arguments today on a pro-
posed plan for reorganization of the
Chicago Great Western Railroad.
Examiner Homer H. Kirby, who pre-
pared the proposed plan, recommended
capitalization Of the railroad be re-
duced from s148 100000 to s62 ,0oo, 900,
and fixed charges reduced from ST.
100000 to 100000
j. c. McLester. jr., representing a
First Mortgage. Bondholders Commit
tee, said he regarded his committees
plans as better than Kirbys, but would
not object to the examiners proposal
because he desired to expedite the
proceeding. =2t .z.G -.
Evening star., 1938-03-23
PLYMOUTH OIL NETS
$2,935,342 FOR YEAR

By the Associated Press
NEW YORK, March 23.-Plymouth
Oil Co. reported today for 1887 con-
solidated net earnings of s2,935,342.
equal to $2.85 a share on the capital
stock, compared with $1,739,68l, or
$165 share, in 1896. The company's
properties are widely scattered
throughout the Midwest and South
west.
Evening star., 1938-03-23
DIVIDEND IS ORDERED,

NEW YORK. March % (SpeciaD -
Directors of General Theaters Equip
ment Corp, have declared a dividend
OF Is cents per share, payable April II
to stockholders of record April /. The
company reports consolidated net
profit for the year ended December
81, 1887, of s1,199.415, after provision
for depreciation and all taxes.
Evening star., 1938-03-23
FEBRUARY DROP SEEN
IN LEAD SHIPMENTS
b. tte Associated Press

b. tte Associated Press.
NEW YORK, March 23.-February
domestic shipments of lead declined
to 30,135 tons and stocks at the end
ct the month rose to 138,134 tons, the
American Bureau of Metal Statistics
reported today.
In January shipments were 34.923
and month-end stocks were 33,401
Figures for February, 1887. were 5O,-
375 and 156,832, respectively.
Production last month was 34.8so
tons, against 39196 IN January and
37,451 in February last year.
Evening star., 1938-03-23
POTASH PROFITS GAIN.

NEW YORK. March % (P).-Amer-
ican Potash & Chemical Corp. and
subsidiaries reported a 1897 net in
come of s2,336.319, equal to SAP a
share, compared with s1,9o7,550, or
1851 a share, in 1895.
Evening star., 1938-03-23
NEW YORK SUGAR.

NEW YORK March % R.-Sugar fu-
tures;, after declining to. new low records
Tor the season early today under further
creased covering and trade buying.
July, which sold early at ..961a. rallied
v to / point net lower The No. was un.
chansed to l net. lower as July recovered
from 214 to. 2.11.
Evening star., 1938-03-23
New Orleans Prices.

NEW ORLEANS. March % HS.-Cotton
mere today. but initial transactions were 5
to points net lower. due to liquidation
and hedge selling
May contracts opened at s.67. July 70.
october s.73. December 8.73 and January
at S15
Curta ilment of activity by mills and un-
satisfactory foreign markets aided the
easiness in early dealings and with buying
SUPPORT small prices declined to levels Q to
first half hour
- 6 Cottons seed Gil opened steady. March.
1.62b; October, 76Ob. Bid.
Evening star., 1938-03-23
METROPOLITAN BANK
DECLARES DIVIDEND

Directors of the National Metropoli-
tan Bank. meeting this afternoon, de-
clared the regular semi-annual divi-
dend of 3 per cent on the outstanding
stock, payable April is to stockholders
of record April S.
Evening star., 1938-03-23
new YORK COTTON
BY the Associated Pres

BY the Associated Press.
NEW YORK, March 23.-Cotton de-
veloped resistance today after selling
into new low ground for the movement
during the morning and prices rallied
partially on trade and scattered buy
ing.
By midafternoon quotations were /
to points net lower. July having re-
covered from 8.53 to 8.63.
Prices rallied further near the close on
covering, Wall Street buying and owing to
a scarcity Of contracts
Evening star., 1938-03-23
CUBA SHIPS LESS SUGAR.

NEW YORK, March % (P.-Cuban
exports of sugar from January to
March 10 totaled 572,828 long tons.
raw value, compared with 573,254 tons
in the comparable 1887 period, de-
crease of about = Of per cent, Lam
born g. Co.. reported.
Evening star., 1938-03-23
SLOSS.SHEFFIELD NET UP.

NEW YORK, March % lP.-Sloss-
Shefdeld Steel &, Iron Co. today re-
ported 1887 net income OF Sl,474,827,
equal to s11.l9 per share, compared
with the 1886 figure of ss6S,4e3, equal
to s4.l4 share
Evening star., 1938-03-23

C0ttonseed Oil.
Bleachable cottonseed oil futures
closed 80 lower. Sales, 241 contracts.
May. 8.14; july, 8.06; September,
8.98b; October, 7.98b.
Bid.
Evening star., 1938-03-23
DOLLAR is UNCHANGED
IN LONDON DEALINGS

By the Associated Press.
LONDON, March 23.-The United
States dollar finished net UNCHANGED
at 1851 to the pound in foreign ex-
change trading today. In comparison,
sterling was quoted s4967s overnight
in New York.
French francs closed 1882 to the
pound, against 1887 yesterday.
PARIS. March % tP.-United
States dollars finished at 3277 francs
f3C52 cents to the france today in
foreign exchange dealings This COM
pares with the overnight franc rate OF
3065 cents in New York. Exchange
on London, l6268
Three per cent rentes in the Bourse
were 67.50; 41as a." 69.25; 41as, 1887,
1000.
Evening star., 1938-03-23

The institute reported the following
percentage decreases from a year ago,
according to major geographic re-
gions: New England, 1913; Middle At
lantic, 2.8; Central Industrial. 1856;
West Central, rs; Southern States,
81; Rocky Mountain, 1871; Pacific
Coast, 38.
Evening star., 1938-03-23

Pennroad Corp.-1937 common
share earnings were ~ cents, against
% cents.
Evening star., 1938-03-23
DIVIDENDS ANNOUNCED

NEW YORK. March o3.-Cividends de-
'clared. Prepared hv the stsnrard Sta
tfstics Co.:
Pc sock o. pay-
NJ, r,,as cou. Rate riod, roocor,8 able;
Do. r o13c 3-"1 40
Shasta Water CSC 2-oS Al
Wdwd e. Lothrop 1212c 3-o5 3.3o
Participating.
Kandal Co SO ptc pf 34c 5-1O 81
Increased.
Inv Found So CIV of 75c @ 3-31 4-15
Accumulated.
Inv Foun So CIV pf S1.25 3-31 4-15
No Action Taken.
Rochester Button Co.
American Beverage 7rr cum pfd SIS par
Interim.
Arrow-Hart 4,
Hegeman Elec Csc - 3-22 Al
Decrease.
Gorton Pew Fisheries roc 3-25 4.5
- Passed or Deferred.
Gemmer Mfg S3 ptc A of, passed.
Hathaway Man. passed
McGraw Hill Pub deferred
Evening star., 1938-03-23
ELECTRIC POWER
OUTPUT CLIMBS
Slight Weeks Increase
Leaves 81 Per Cent
Drop From 1887.
By the Associated Press

NEW YORK, March 23.-Production
OF electricity in the United States for
the week ended March 10 advanced
to 2,017,653.O00 kilowatt hours from
2,ol4,7 ,729,oo0 in the preceding week. a
gain of i Of l per cent, but was 81
per cert under the 2,2i1,052, 900 for
the like week Of 1887, the Edison Elec-
trio Institute reported today.
The contra-seasonal gain carried
the Associated Press index of power
production, with 1929-30 taken as 100.
to 106.1 from 106 the previous week.
The index, which is adjusted for sea-
sonal and long-term trend, stood at
1877 year ago.
Tho ronoa for ..-..4 q,
Evening star., 1938-03-23
NEW YORK STOCK EXCHANGE

Actual sales: tradins 10 shares
TX dividend . Also b LII
Declared
Paid Cash dividend paid
nsnkupey receiverhip oeine
Rates 81 dividends the foregoing table
ton dividend. are not
Evening star., 1938-03-23
C0ttOnseed Oil,

;. Spot steady; middling. s.67.
Evening star., 1938-07-10
FUNERAL TOMORROW
Rites for Mrs. Tlagler to Be Hold
At Fort Kyer.

NJ Fort Ayer.
Funeral services for Mrs. Caroline
De Witt Fagler. who died suddenly
on Tuesday at San Diego, Calf. viii
be held In the Fort Myer (va.) chapel
tomorrow at II am. Interment viii
De IN Arlington National Cemetery.
The widow Of Maj. Gen. G. A. Flag
ler OF the Rainbow Division, Mrs
F1agier was . frequent summer visitor
IN Warrington. She also spent much Of
ner time in Florida and Europe.
Evening star., 1938-07-10
SWIMMING POOL
OPENS TUESDAY
Committee Will Make Final
Plans to Accommodate
UnderpriviIeged.

Ofncials Of the Central Neighbor-
hood Council Of the Council Of Social
Agencies will make final preparations
tomorrow for the opening Of the free
swimming pool At the Y. w. c. A.
Building, Ga Z street NV, on Tues
day.
Contributions received by The Star
from generous Washingtonians during
the last week enabled the council to
proceed with plans for operating the
tank for at least . month.
It will mean free swimming facili-
ties for more than 800 underpriv-
ileged children in Washington's CEN
trAl sections-that area bounded BY
the Mall. North Capitol. Eleventh and
O streets.
Donations were coming in to The
Stars cashier cage rapidly yesterday,
and the day before. and the pool fund
jumped to $463.50. This Is approx
mately SITS from the $40 goal, but
sponsors Of the movement are conf
dent the remainder will be contrib
uted to insure swimming for these
needy youngsters during the hot sum-
mer days.
The Y. w. c. A. is cooperating not
only by permitting use Of their SWIM
ming pool at the Z street building, but
also through = recreationaI program
being carried on in the recreation
rooms Of the building. 1t k working
with the Playground Department In
the operation Of the pool and use OF
other "Y" facilities.
Toy symphonies, folk song and dance
programs. crafts. movies and parties
are only . few Of the activities avail
able to children who come to Use the
pool.
Among the contributions received for
the swimming pool fund yesterday
were two $25 gifts. one from the
Warrington Lodge, No. is, B. P. o.
Elks. and another from "a friend"
Evening star., 1938-07-10
Speer
CONTINUED From First Pare )

November after the p. ". A. discon.
tinued receiving applications, 10 again
headed by its former director. DR..
Clark Foreman, who will direct the
new policy of non-duplication Of sx-
isting private utilities. Its re-estsb q.
lishment was . final move BY Admin
iStrator Ickes to hasten action on ~
pending municipal power projects In
volving An outlay OF about $56. .000, 900.
Initial allotments for projects are ex-
pected to be made this week.
Will Pass on All Plans.
As chief engineer, Mr.. Speer will be
IN charge Of passing on all plans for
municipal power projects which will
be launched in the 1888 program
under DR.. Foreman. His utility ex-
perience covers many phases Of elec-
trio operating companies activities
over IS years in Colorado, Nebraska
Georgia and Florida before taking
over the Virginia property.
Mr. Speer formerly was In the serv-
ice of the Penn-Southern Co.. which
had been acquired In 1885 by the pow
erful Associated Gas u Electric Sys-
tenn. The Associated System also had
acquired the properties of the Virginia
Public Service Co. In February. 1897,
Mr.. Speer was transferred from Flor
ida to the Virginia properties ~
president.
It was apparent that the physical
properties Of the Virginia company
had not been adequately maintained,
omcials here explained, probably due
Evening star., 1938-07-10
HITLER IS CREDITED
WITH SAVING PEACE
Austrian Seizure Prevented War,
Declares Yugoslav Premiers
Brother. in u, s,

By the Associated Press.
NEW YORK, July 9-Dr Dragomir
Stoyadinovitch, brother of the premier
of YugoslAvia and secretary OF the
Yugoslavian Parliament. today said
Hitler's seisure Of Austria not only
forestalled . secretly planned attempt
to restore the Hapsburg throne. but
prevented an inevitable" war between
Yugoslavia and Austria which might
have developed into a general Euro
pean conflict.
Grown Prince Otto, heir to the
Austrian throne, already had an agree
ment with Csechoslavia and France
to 60 back to Vienna and proclaim
himself monarch" said DR.. Stoyadino-
witch. here for an unofIicial study Of
social and economic conditions.
He would have acted in less than
two weeks If Hitler had not stepped in.
That's what made Hitler act so sud-
denly in taking over Austria.
The restoration Of Otto would have
meant Yugosiavia and probably Ru-
mania would have gone to war against
,, Austria-and it is exceedingly doubt
full If the rest of Europe could have
stayed out of IT.
Evening star., 1938-07-10

10 lack Of funds through continued
payment Of dividends during the
l03l-32 period Of low earnings. Also,
1t WAS apparent that the property was
not being extended to care for service
demands o( new customers. but ut the
same time Mr.. Speer oontended that
dividends ON both classes OF stock
were being paid
Speer FIXED Charges.
This condition provoked . contro-
versy between the local management
and the Associated System. The hold
ing company, It was claimed, ordered
Mr.. Speer to pay over to 1t the sur
plus funds OF the Virginia company.
He refused and countered by filing
charges against the holding company
with the Virginia State Corporation
Commission At Richmond. The ques-
ton Is now being investigated by the
commission.
MI. epeer. Of course. was ousted by
the Associated-eontrolled Board d
Directors.
He is native of St. Louis, 81 years
old. and . graduate in civil engineer
ing from Princeton University and
the Colorado School of Mines. He
engaged in private utility work tn
1908.
Under the new power policy of the
P. w. A., announced prior to re-
esta ablishment Of the division, duplica-
ton Of existing private power facilities
will be avoided unless the utility has
refused = fair" purchase offer.
The policy thus leaves private utili-
ties the alternative of selling out to
their customers 1T . fair price or fac
ing possible Federally subsidized
competition.
Evening star., 1938-07-10
ARMY TO TEACH
MAKING OF ARMS
$1O,000,0 900 to Be Spent to
Gear Military and Industrial
Machinery.
p the Associated press.

y the Associated Press.
The War Department Is getting
ready to spend 1000, 900 "educating'
industry to produce war materials.
Congress authorized the expenditure
over . five-year period in an effort
to gear the industrial machine more
closely with the military preparedness
machine. An initial $4,000 900 will
be spent in the next IL months.
Assistant Secretary Of War Louis
johnson said yesterday the department
would put the new program into effect
~ quickly Is possible. It will be fully
under way. he said. by September /.
The educating" will be done BY
awarding small contracts for war sup
plies to Arms which do not now pro-
duce them, but could by making slight
changes In their plants.
A clock manufacturer, for instance.
might be given An order for certain
metal parts used In artillery range
finding instruments.
The theory is that the manufacture
~oSs~NeSS IA SNPVAA ACAANC AttAlLlCO DTOs
ducing the peace-time order, could
begin production speedily in war time.
The Armys principal branches have
been asked to report on what vital
munitions would be most difYicult to
procure in the event OF war. and these
Will guide 4 special board in distribut-
ing the orders among the factories.
Unlike the Army's usual purchases.
the educational orders will be nom
competitive.
The Army's Ordnance Department
has six arsenals producing and main
tanning its guns and other equipment.
and already has contracts with . few
commercial concerns for some finished
and semi-finished materials.
The World War demonstrated. how
ever, that . modern conflict REQUIRES
cooperation Of all industry in filline
military orders. SPECIFIC tasks to be
carried out In the event Of another
war have been assigned tentatively to
some 10, 900 plants.
Evening star., 1938-07-10

had been set apart from the Peruvian
vice kingdom . few years previously.
In the present boundary controversy
Peru bases her claims on the decree
Of 1902.
Ecuador always has claimed the
large area known Is the Maynasqui-
Jos district. which Is now . part Of the
Peruvian province of Iquitos.
Peru lays claim to all territory In
that area as far north as the Putu-
mayo River.
Ecuadorians say the area - far
south as the Maranon River, includ-
ing Iquitos, belongs to them.
Cites Belivar's Admission.
Peru seeks to strengthen her claim,
with the statement that when Simon
Bolivar, the great liberator" of South
American history, created the republic
Of Grand Colombia COLOMBIA, Vene-
xuela. Panama and Ecuador) he ad-
mitted the now disputed area was Pc
ruvian soil.
In war with Grand Colombia Peru
captured Quayaquil, chief Ecuadorian
port, but finally lost the war and in
the peace treaty of 1882 agreed that
the existing boundaries would be re-
spected until q permanent settlement
was reached.
Strengthening her claim. Peru says
representatives from the Maynas and
Quijos area did not attend the Ecua-
dorian congress which met to ratify
the treaty. On the contrary. Peru
says. they did meet with the Peruvian
conVreas.
In border controversy from 1857 tc
1860 Peru again occupied Guayaquil
but withdrew when q temporary agree
ment was reached.
In l8S6-l89l the nations attempted
to refer the whole matter to the King
of Spain for arbitration. New differ
ences delayed this step, and the mat
ter was not placed before Madrid un-
til 1904.
War Nearly Precipitated.
Then the Kings decision, which
Peru said WAS in her favor. almost
precipitated q war. Argentina, Brazil
and the United States mediated the
quarrel temporarily.
After q few years Of the status quo,
Peru and Ecuador signed . pact In
Washington in 1924 providing for .
settlement at the termination Of the
then current difIiculties between Peru
and Chile.
When Peru was ready to negotiate in
1929. Ecuador questioned the juris-
diction Of the arbitration facilities, and
another delay was encountered until
1896. Then Ecuador agreed to 60
ahead with the negotiations-still un-
der way. But during the negotiations
border incidents have been frequent
This chain Of incidents began July
II. 1885, II days after the two coun-
tries had signed the temporary status
quo agreement. A Peruvian outpost
arrested - EcuAdorian soldiers.
Similar incidents occurred Septem-
Der 3. 1887, and February IS, 1898.
Evening star., 1938-07-10
Palestine
Continued From First Page }

police and who were themselves re-
inforced by 1,700 marines and sailors.
Besides 500 troops were ordered from
Egypt.
Sturdy marines from H. M. s.
Repulse the $4,000 ton cruiser ordered
from Mediterranean patrol duty at
Malta, replaced patroling comrades
from the departing cruiser Emerald.
Sweating soldiers and sailors at the
Haifa quay landed emergency rations
The cruiser Enterprise also was at
Haifa.
Police Ride on Buses.
The town bristled with navy pickets
Steel-helmeted police with loaded
rifles rode atop every bus in Jerusalem
Police dogs tracked down ambushers
in country districts Eleven squadrons
OF the Royal Air Force stood by ct
the airports.
There was deathlike quiet in the
cities. Jewish shops were shut for
the Sabbath. Arab doors were closed
In protest.
Hot-heads of both races jammed
prisons and concentration camps.
Three Jews were detained for police
questioning in yesterdays Jerusalem
bombing when 1 Arabs were killed and
80 wounded.
Twenty revisionist Jews, members
Of the party Of l9-year-old Benjamin
Joseph. who was hanged June 20, we're
detained under emergency regulations
and faced possible internment at Acre.
Revisionists demand all of Palestine
for Jews and oppose the British plan
to divide the land in three parts.
Warning From Trans Jordan.
Trans Jordans ruler, the Emir Alb
dullah Ibn Hussein. sent a memorial
to the Palestine high commissioner
Sir Harold Alfred MacMichael, warn
ing of possible trouble among his ex-
cited subjects unless strong measures
were taken to bring the killers of the
Haifa Arabs to quick justice.
British troops. after fighting bat
tie with 900 Arabs Thursday. warned
that Trans Jordan tribesmen were
massing on the frontier.
ARABS continued prolonged pro-
test strike at Amman, in Trans
Jordan.
Saboteurs stopped traffic on the
main Palestine-to-Egypt railway line
by derailing freight train neal
Tulkarm
The British deputy commissioner
for Galilee fought gun battle with
attackers near Safed and escaped
unhurt
Evening star., 1938-07-10

Fortifying Of Ireland's ports Is ex.
pected to give work to all unemployed
in the country,