davidaulloa/AmericanStories huggingface dataset:
Evening star., 1939-03-24
W. I. Grant Co. Nets
S2,m,424 Profit
In Fiscal Year
TotoI Compares With
$3.401,725 Shown in
Preceding Period
BY the Associated Press.

BY the Associated Press.
NEW YORK, March 24.-W. r.
Grant Co., chain store operators, re-
ported consolidated net earnings for
the fiscal year ended January 81,
1899, of $2,766, ,424 or $203 a COM
mon share, compared with s3,401, ,725,
or $2.78 share, in the previous year.
Agfa AnScO.
Agfa Ansco Corp. of Binghamton,
N. Y. Photographic equipment man.
ufacturers, reported net income for
1888 of 1891 ,925, or $2O7 a common
share. compared with s723,O25, or
$l.51 share, in 1887.
Western Pacific.
Western Pacific Railroad Co. re-
ported its net railway operating
deficit for February was $66,831, con-
trasting with January's net operat-
ing income of s28,981. The net
deficit after interest on debt was
$l0l,47l, compared with $6,976 in
January and $327.631 in February
last year. Revenues from opera
tions were higher than a year ago,
totaling $938,860, compared with
S747.488. while operating expenses
declined to s9O5,693 from $993,79O.
General Telephone.
General Telephone Corp. reported
today for 1888 net income of ST, 1,349, :
461. equal to $164 a share on the
common stock, compared with
$1,331 ,689, or $l62 a share, in 1887
The company controls group of
operating telephone companies in l6
States.
Evening star., 1939-03-24
Motor Bus Concerns
Report Substantial
Progress in 1888
Unit Profits Higher
Except in Intercity
Carrier Lines
Special Dispatch to The Star,

Special Dispatch to The Star.
NEW YORK, March 24.-Opera-
tions of motor bus companies made
substantial gains in the year 1888,
according to an analysis just pub
lished by Bus Transportation. The
industry shows profit per bus
owned Of $500 in 1898. This COM
pares with s949 in the previous year.
The rate of return on the invest
ment for bus companies in plant and
equipment before depreciation was
AZ per cent for 1888. This was 807
per cent for 1897.
Comparison between motor bus
companies and other forms of trans
portation for the years 1888 and
1897 shows that passenger revenues
per mile Of line were down 4.14 per
cent, while those of the Glass I
railroads were down 8.5 per cent. In
the case of city bus operations as
compared to electric railway opera
tlons there was an opposite trend.
The revenues per mile of line for
electric railways decreased IL per
cent, from $45.100 in 1887 to $44 400
IN 1888. City bus operations in 1888
gained 8.8 per cent, with passenger
revenues per mile of line at $4,000
as compared to $14718 in 1887.
mus operating revenues per road
mile for city and suburban lines are
ahead of 1887 by good margin, op-
Grating ratios show improvement,
and the percentage of the revenue
dollar going out for taxes and
licenses is slightly less; operating
revenues for intercity lines are
slightly down from the previous year.
Close to 2,345 million paying pas
sengers were transported by the mo-
tor bus carriers in 1938-27, 500 900
OF which were carried in intercity
service. The number of revenue
pus miles reported for the year ran
high and totaled 9925 million.
The trend in passenger revenues
per road mile over the last seven
years according to the ANALYSIS.
Evening star., 1939-03-24
Furry Is Reported
In Stock Financinq
During February
TotoI Registrations
For Month Decline
To $21,676,00o
By the Associated Press,

BY the Associated Press
The Securities Commission re-
ported yesterday a furry of COM
mon stock financing in February
contrary to the trend of recent
months"
Registrations covering the intend
ed issuance and sale of common
stock issues totaled S8,670,000.
The gross amount of all registra-
tlons. however. was only s21,676.-
600. the smallest aggregate for any
single month since January, 1885.
OF the securities for which reg
lstratlon statements became fully
effective $l6,360,O0O (CQ) was pro-
posed for sale by issuers. This
compared with S135 ,939 900 in Janu-
ary. 1899, and $l4O,527, 900 in Feb
ruary, 1888.
Under the Securities Act 20 days
must elapse after a statement is
filed before registration becomes ef-
fective.
The manufacturing industries led
all other groups with $5,49O, 900 of
securities proposed for sale by is
suers, accounting for 1875 per cent
of the total.
The electric and gas utility in
dustry was second with $5,O9O,OO0,
or 3l.l per cent. This entire total
was registered in a single state
ment of the Central Maine Power
Co., covering $4,500 900 of bonds and
5000 shares of common stock.
Rejecting the high proportion of
common stock issues, issuing and
distributing expenses were consid-
erably higher in relation to gross
proceeds than in preceding months
when bond financing predominated.
Compensation to underwriters,
agents and others amounted to
81 ,l89 900, or 7.3 per cent of gross
proceeds, while other issuing and
distributing expenses, totaling $2l5,-
900. were 1.3 per cent of gross pro-
ceeds.
Evening star., 1939-03-24
Foreign Exchunqe

NEW YORK, March "a P.-Foreisn ex-
change markets today reflected the SLOW
relaxation OF IT.. tension in recently nervous
Still among the steadiest Of continenta,
monies in relation to the dollar. the
French fra1.c gained 001s of a cent. Bank
ers roted the French control fund has
lately been selling dollars and buying
frsncs. placing Paris among the few world
capitals receiving foreign market
The British pound declined y of cent
and the bega 0Ola of cent The guilder
was UNCHANGED and the Swiss franc mod
estly higher
Late rates follow tGreat Britain in dol
laIs,; others in cents; Great Britain.
trsal n New York. 90 .53ls: Canada. New
Ysrk in MGntrsa 90 l9c4ss 90 s.i,rd Belgium
France; s;s4is: Germany; 4o;I0: beneyo-
Hungary, 10, s5; Italy. 5.26A: Yugoslavia.
2 30: Netherlands 53 90; Norway. 23 52a4:
Poland. 1898; Portugal 1855: Rumania
"a, Sweden; 24I31a; Switzerland, % 81 a:
Argentina 81 .32n: Brazil. 5a0n: Mexico
City. 2025n; Japan. - .33: Hong Kong
2a.l1; Shanghai. 1880. Rates in spot
cables unless otherwise indicated.
Nominal
Evening star., 1939-03-24
Chicago Livestock

CHICAGO, March "a ,oP ~. S. Depart
ment of Agriculture) -Salable hogs.
5000 strictly choice light hogs fully
steady with Thursdays average; others
slow: steady to 10 cents lower; closing at
full decline. with spot Is cents off on
medium weight and heavy butchers; top.
80: good and choice 160-230 pounds
1;6o-S0; 240-2S0 pounds. 1850; 300
$50 pounds, 6.90-7.25; good 4OO-5O0
pounds packing sows $3.50
Salable cattle, 1,000: salable calves
400; most killing classes steady; very slow
On on steers; cutter and common beef cows
falrly active; demand continuing broad
also Tor common and medium steers no
choice steers here: very few above 1850:
general undertone bearish on steers. heif-
ers and cows: unevenly lower than week
ago: stockers slow, steady; feeder dealers
nave around 300 head well-fed light stock
ers to be shown early next week: these
scaling $50 to 800 pounds; cutter cows
5000. p: practical top weighty sausage
bulls. 90; selected vealers to 100;
light offerings. 900 to $50
Salable sheep, 1000. late Thursday.
fat lambs. 1880 higher: top 90: bulk
under In lO2 pounds, o.75-1o.0o only a few
lo5-pound lambs remaining at 965 down
sheep steady; best ewes available. 5.65;
averaRing 146 pounds; todays trade, To-
20 lover: active at decline bulk wooled
lambs under 100 pounds. 975 down top.
800 to shippers few weighty lambs, q sos
sheep weak: good to choice fed Western
ewes. 500-5.5O.
Evening star., 1939-03-24
Chicago Produce

CHICAGO March "a lP,.-Poultry. live
30 trucks; Plymouth Rock chickens easy
balance steady: hens. ) pounds and un-
der, 19l2: Leghorn hens, l.; Plymouth
Rock broilerS. is; Plymouth Rock springs
s2; Plymouth Rock fryers, 20; hen turkeys
20: other prices unchanged
Butter. 692 .442: steady; prices un-
Eggs, -, 500. steady: fresh graded extra
firsIs local l6'2: other prices unchaneed
Potatoes. rs: on track 225; total u s.
shipments. 900: old stock supplies mod
crate demand fair; Idaho Russets. best
quality about steady; fair quality slightly
weaker; other varieties steady: sacked, per
cWt Idaho Russet Burbanks. u S. No. l..
lotto according to quality and size;
ssebNSaska' Bliss Triumphs, 80 per, cent u
y: s: No. / 1l5-a.1a: U. s. Commercials.
n.io: North Dakota, Bliss ,Triumphs, 30
5712; ~ oGobblerss; U. S. No. !, i 3o-:t2,a !;
early OhloS 90 per cent u S. 10 I 50;
Minnesota. Red River Valley section Cob
piers; I sr 90 80 per cent y. s No. j and better,
crate. demand light, Florida. Bliss Tri-
umphs. . s; No. J. bushel crates. 212la-
p; Texas 50-pound sacks Bliss Triumphs
U. S. No. 1, few sales. 1.9o.
Evening star., 1939-03-24
Foreign Markets

LONDON. March "A R-stock mar
ket trading today consisted mainly of
weekend evening UP. but the tone was
nrm; Textile. motor and brewery shares
received support and domestic rails i'm
proved fractionalys Brazilian and Czecho-
Slovak bonds, game dabout 3 points and
t; Britlsh eilt-edged funds held steady. Con-
while trans-Atlantics closed steady.
PARlS-Banking shares and govern
ment naI1 bonds were active and Arm in the
lIS centimes and Bank Of France gained
200 francs. Suez Canal sold 500 francs
higher. while Royal Dutch moved 100
francs ahead.
Evening star., 1939-03-24
Income Tax Payments
Temporarily Reduce
Excess Reserves
Idle Funds Register
$4,000. 900 Decrease
rom Lost Week
BY the Associated Press.

By the Associated Press.
Income tax payments temporarily
reduced idle money in the banks in
the week ended March %.
The Federal Reserve Board re-
ported excess reserves on March %
were $1,000, 100000, a decrease of
$4,000, 900 from the previous week.
The withdrawal of bank funds to
meet March Is income tax INSTALL
ments interrupted rising trend in
lendable bank funds which had con-
tinued for four preceding weeks.
The board reported that the II
Federal Reserve banks bought $751;
100000 of Treasury notes and sold
the same amount of Treasury bills
during the week.
The boards statement said:
During the week ended March %
member bank reserve balances de-
creased $88,O00,OOO. Reductions in
member bank reserves arose from
increases of $7,000,000 in money in
circulation, $31,000,0O0 in Treasury
cash and $163,0OO,OOO in Treasury
deposits with Federal Reserve banks
and decrease of s22 900, 900 in Re-
serve bank credit, offset, in part, bv
increases of $92,0O0,OOO in gold stock
and 100000 in Treasury currency
and decrease of $4,000, 600 in nom
member deposits and other Federal
Reserve accounts. Excess reserves of
member banks on March % were es-
tlmated to be approximately $780,
100000, decrease of 100000 900 for
the week.
The principal changes in holdings
OF bills and securities were an in
crease of s3l 900 900 in United States
Treasury notes and a correspond
ing decrease in United States Treas
ury bills"
Changes in member bank reserve
balances and related items during
the week and the year ended March
u, 1889, were reported as follows:
Evening star., 1939-03-24
Pause in Trade
Recovery Cited
By Survey
y the Associated Press.


The Commerce Departments
monthly survey of current business
says, Business volumes during jan
uary and February were little
changed from those in December,
but the pause in the forward move
ment was not unexpected in view
of the rapidity of the preceding
advance"
The summary adds Production
and distribution have continued in
close alignment since the latter
part of 1888, when production
after tagging behind distribution
most Of the year as inventories were
reduced-was again brought up to
the level required to meet current
consumption"
Evening star., 1939-03-24

shows that only the intercity car
riers failed to meet the high of the
year before. City companies and
those operating in both city and
suburban service showed remarkable
gains and the two latter groups are
now at their all-time high in this
respect. The reason given for this
rapid growth over the past few
years is because buses are now be-
ing used on routes of considerably
higher traffic density. In 1898 each
bus in city service carried 159 ,975
pay passengers. whereas in 1887 the
number was 154,306. In 1885 the
comparative figure was 141, ,989. This
is a gain Of more than 1914 per cent
in three years.
Evening star., 1939-03-24
U. S. Treasury Position
BY the Associated Press.

The position Of the Treasury March 22:
EXCERPTS So 1862 .26s.71; expenditures
S26 164, $50 .95: net balance S3.443 296 :
s51.7l. including S2.7SS 1872 1885 work
ing balance customs receipts for the
Receipts for the fiscal year fsince July
u. - ;325, ,572.757.sl: expenditures So
5o3 "a Ol3 OF. including S2.241 a39 (.
o64.lS OF emergency expenditures: excess
OF expenditures So .s4l .255 20: gross
debt $50 30 5.37O215.S7 an increase o!
% l3O,2s! "a over the previous day: gold
assets. 15.015.392 S24 A.
Evening star., 1939-03-24
Boston Wool Market

BOSTON March "a tP, (U. s. Depart
ment of Agriculturel Very little business
was, being transacted on spot domestic
woels on the Boston market today. A
lew small lots taken for piecing out we're
Fought at prices prevailing earlier in the
week An occasional user placed orders
TOT limited quantities Of country packed
lots Of three-eighths and ouarter-blood
boripht fleece wools for delivery in late
April or In May at % to % cents in the
grease delivered East.
Evening star., 1939-03-24
Dry Goods Market

NEW YORK. March "A [PD.-Woolen
goods prices firmed in Worth street textile
markets today as fair demand appeared
schedules due to previous heavy bookings
INQUIRY for silk was moderate. while
business in the cotton goods division was
diatedy delivery. Burlap advanced in the
wake OF to shilling mark-up in jute.
Evening star., 1939-03-24
Brokers' Loans Drop
$1,000, 1000 in Week
Bv the Associated Press.

Bv the Associated Press.
The Federal Reserve Board re-
ported yesterday that last week S
loans to brokers and dealers on Sc
curities held by reporting member
banks in New York City totaled
$644 900 900.
For the week ended Wednesday
the total represented a decrease of
ST. ,0000 900 when compared with the
previous week.
Loans for the corresponding week
year ago totaled $575 900 900.
AGa&A.lsAea
Evening star., 1939-03-24
Odd-Lot SoIes Log
Behind Purchases
By the Associated Press.

0J CHe ASbUCIHCeU PfeSS.
Buying orders of small traders on
the New York Stock Exchange ex-
ceeded selling orders In the week
ended March 18.
The Securities Commission re-
ported yesterday 33,081 customers
odd-lot orders to buy. involving
9OO, ,l39 shares, valued at $32, ,938 1873.
This compared with 30,316 selling
orders, involving 808,59l shares,
valued at $28, ,189,412.
Evening star., 1939-03-24
Washington Exchange
SALES-AFTER CALL.

Potomac Electric Power 50 pfd-6
at lis.
Potomac Electric Power 51s % pfd-
2 at 1872.
Evening star., 1939-03-24
EX-diyidend

Ex-divdend
+ Plus extra. e2o extra. f3e extra.
Sl400 extra paid December 20. 1888
2Oc extra. m 81 80 extra SOC paid
September 90, 1888 So 90 paid 1888
v ST 90 paid January 20. 1889.
Evening star., 1939-03-24

Protection Of your own life and
limb Is your responsibility ss well
as others.
Evening star., 1939-03-24
Federal Lund Bunks
Rubber Futures

NEW YORK. March "a P-crude
rubber futures opened 2 lower March,
16,g0b May. 161Ob: July. 16Osb. b Bid.
Evening star., 1939-03-24
London Bar Gold

sd. UNCHANGED. Equivalent S3477I PaS
silver, god. UNCHANGED. Equivalent All
Evening star., 1939-03-24
U. S. Treasury Notes

NEW YORK. March "a tP.-Prices
quoted in dollars and thirty-seconds:
Evening star., 1939-03-24

'Quotations not furnished by sponsor or
1ssuer: all others are obtained by I. B. c.
from those sources.
Evening star., 1939-03-24
Investing Companies

NEW YORK, March "a LP-Investmen Mt
Bankers Conference. Inc:
Moon ouotationSo
Evening star., 1939-03-24
| New Finoncino
| Shows Marked
| Increase
oolAas
"A alA3
BY the Associated Press,

BY tne Associated Press.
NEW YORK, March 24.-This
weeks financing, totaling $47,197,-
75O, was IL per cent new money,
Poor's Publishing Co. reported to-
day.
Evening star., 1939-03-24
Dividends Announced

NEW YORK. March 24.-Diyidends de.
clared. Prepared by Fitch Publishing Co:
Accumulated.
Evening star., 1939-03-24

Motorists: Help the pedestrian
and protect yourselves.
Evening star., 1939-03-24

1OtaIS S---S33,b02,2S3.37 S4Jg,U43. 1J
RAWDON W. MYERS,
Vice President.
Secretary.
Subscribed and sworn before me this
1st day of February. 1899
(SEAL.) J. r PURVES
Notary Public. Hartford Conn.
Ny commission expires Jan 81, 1910
Bonds not in default are carried at
stocks are carried At market values except
|stock Of an affiliated company which ID
|carried At its own book value.
Evening star., 1939-03-24

VICE FreS1dent.
L. T. WALDRON
Assistant Secretary.
Subscribed and sworn to before me this
18th day Of February. 1899.
(SEAL) 8. WALTER BURKE,
Notary Public.
Notary Public in and for the City and
County Of San Francisco. State of Cali.
fornia. Ny commission expires July 30th.
1899.
Evening star., 1939-03-24

A. v. LINDE. |
Asst. Secretary.
Subscribed and sworn to before me this |
10th day Of February. 1899.
tSEAL.) w w PIFRsoN
Notary Public.
Ny commission expires January 81, 1910 |
Bonds not in default are carried atl
amortized values: bonds in default and
stocks are carried at market values except |
stocks Of aflliated companies which are |
carried at their own book value
The Northwest enterprise. [volume] (Seattle, Wash.) 1931-1952, 1939-09-22
E DIT RI A L
AMERICA SHOULD JOIN THE WAR
TO PRESERVE DEMOCRACY

Since Preservation of Democracy is the root and
of claiming the attention of European neigh
bors less dedicated keeping the sacred flame
burning these shores the cost is heavy and de-
spite the fact that idols may be broken.
War these shores, among ourselves, should attack
the root of the matterunust treatment of the minority
groups and those groups which for another
underdogs Our would further itself with
attacking economic problems and seeking to find
equitable distribution of opportunity and jobs Solution of
the economic njustces would go long towards pac
ing in their proper perspective politics. religion and such
other questions which today give headaches We might
eventually get representative instead of democratic
eminent
Minority groups, well the public at large, suffer
because democracy is meed tempered and lies in the
hands of few these few politicians and industrass
ring against each other with the result that handful of
the strongest helped and the suffers
Instead of launching millions of fine young Ameri-
cans and our tremendous wealth in foreign
he problems at home herewhich will give democracy
fighting chance abroad-and speed the march of our
country to the great destiny which foresghted and
great earnest American leaders visioned Economic
social nustices here challenge the best have in men,
money and warfare Let be civil fought by
Americans and in the interest of the world at large
that this nation be fact representative democracy among
peoples gone crazy for and blood rom Indian
apois Recorder
The Northwest enterprise. [volume] (Seattle, Wash.) 1931-1952, 1939-09-22
Y. W. e. A. News

Womp (Word-of-mouth Publ
city, club members have been bu-
sly selling the Community Fund to
their parents and friends. This
publicity proceeds the Community
Fund Drive which opens the lat
ter part of October.
Two Womp Club groups have
been formed among the Junior and
Senior Girl Reserve Club. Each
group has named it's club after a
Board member. The Junior Womp
Club has chosen the name of Mrs.
Bertha Campbell, so that group is
known as the Campbell. Club. The
members of the Campbell Club are
COLLEEN Seasons, Norma Clark, Pa
tricia Williams, Cornelious Long,
Esther Johnson, Lois Valley, Cue
la Clayton, Jacqueline Williams,
June Long, Donnetta Young, Mary
Tolliver, Jean Jacquith, Clara Will
son and Vera Hickman. Senior
Girl Reserves named their club af-
ter Mrs. L. B. Young, chairman
of the Committee of Management.
It's members are Claudine Norris,
Alyce Norris, Maxine Myitchell,
Margie McFarlane, Jane Talbert,
Bessie Taylor, Marian Valley, Cla-
ra McCurdy, Jeanne McIver, Cla-
rine Garrett, Gravetta Booker, Ora
Belle Jackson, Jewel Wells, Dale
Stone, Norma Bash, Charlene Ce-
phas, Joyce Cooper.
Junior Girl Reserves will have
their Setting-Up Conference Octo-
Der Z, from 1:30 to 5 p. m. at the
Central Association. Setting Up
Conference have been topic of in
terest in this Fall Program plan
ming for both Junior and Senior
Girl Reserves. This weekend the
Senior Girl Reserve officers will
go to Camp cambridge. They will
leave Seattle 8 o'clock Saturday
morning and return Sunday, 3:15.
The girls are Joyce Cooper, Ora
vetta Booker, Charlene Cephas,
and Miss Merry Newton, member
of the Girl Reserve Committee,
will also attend.
The High School Girls will have
charge of the Vesper Services Oc-
tober at s o'clock. Miss Eliza
beth Holman, who attended the
World Christian Conference, Am
sterdam, Holland, will be the guest
speaker. Jean McIver and Marian
Valley will have charge of the mu-
sic for the evening. The public is
invited to attend the meeting.
The Northwest enterprise. [volume] (Seattle, Wash.) 1931-1952, 1939-09-22
Green Sends Organizer
To Probe Jim Crowism
In Florida Industries

NEW YORK = The first step in
the conducting of an investigation
by the American Federation of La
Dor into Jim Crow practices of it's
affiliated unions in Tampa, Fla,
by means of which 500 Negro pio-
neer men in the shipbuilding in
dustry were frozen out of their
jobs, has been taken, William l..
Green told the NAACP here this
week.
The AT. of L. president made
the statement in a letter to the
association dated September IL in
which he said that he was assign
ing George L. Googe, Atlanta, Ga.
A. F. of L. organizer to investi-
gate the Tampa situation person
ally. The NAACP, which has been
investigating the case since early
in July when Walter White made
a trip to Tampa, urged Green to
investigate the case while the lat
ter was in Atlantic City at the
A. F. of LIS executive council
meeting during August.
The association Immediately
sent list of names of prominent
Tampa citizens to Green urging
him to make use of these individ-
uals in getting at the facts. These
individuals were also notified by
the NAACP to be prepared to aid
the investigation.
The Northwest enterprise. [volume] (Seattle, Wash.) 1931-1952, 1939-09-22
King Daughters Form
Jr. Circle i'm Yakima

Members of the Achsah Circle
of King Daughters assisted with
organization of eight Negro girls
into junior branch of the order,
the Cleaners Circle, last week.
The Negro chapter is the first in
the West to be organized. The Of
ficers include: Leader, Elizabeth
Quinn; vice leader, Jacqueline
Spearman; secretary, Louise DON
aldson; treasurer, Elizabeth Wash
ington.
Other girls in the group are:
Joyce Donaldson, Donna Mae and
Verna Bradford and Nellie Lee
Jones. Mrs. Harry Potter INSTALL
ed the officers, assisted by Mrs.
Clyde Glasscock, Mrs. Herman
Hatfield, Mrs. w. L. Rewick and
Mrs. Edith Bivins. Junior advis-
ors are Mrs. Louisa A. Tolliver,
Mrs. Willie Scott and Mrs. Trama
Anderson.