davidaulloa/AmericanStories huggingface dataset:
The Hagerstown globe. (Hagerstown, Md.) 1936-1943, 1939-03-10

One of the places in Hagerstown
it is a pleasure to visit, is the T..
& 0. freight office on West Antie-
tam street. Here is always await
ing the tired pedestrian hearty
welcome. While always busy, the
clerical force finds time to smile
and say come in"
This is the personnel: Frank s..
Bowman, the capable and genial
agent; C. E. Kelley, chief clerk;
C. r. Mask, rate clerk and n. O..
Smith, telegrapher.
These men are connected with
a big railroad system and are do
ing their part at this small end
of an important city-HagerstOwn.
The railroad touching Hagers-
town is the Washington County
Branch. 1t had it's vicissitudes in
its early history and until it be-
came an operated railroad. The
war, for one thing. came along
and halted progress in it's con-
struction. AS early as 1857 a
meeting was held to promote this
branch, connecting HagerstOwn
and the main line of the B. & O..
at Weverton, three miles east of
historic Harpers Ferry, the
branch being "a miles long.
The last rail wac laid on No
vember 81, 1867, and the first con-
signment of wheat was shipped
by Samuel Emmert The part of
the county traversed between Ha-
gerstOwn and Weverton is quite
picturesque and passes through
a section, especially around Kee-
dysville and Rohreresville, from
which each season large quanti-
ties of raspberries are shipped
The reasons for the Washington
County Branch are explained in
Williams History of Washington
County thus: Hagerstown was cut
off from the Baltimore markets
The Canal carried a large guam
tity Of wheat and flour to George
town, d. c., and for a time there
had been considerable freight car
rled by wagons to Frederick and
shipped via B. & o. But in the
Incorporation of the old Franklin
Railroad with the c.. V. r. R..
the trade of Washington County
was largely diverted to Philadel-
phia Hagerstown people were
dissatisfied with this condition
and there was a general desire for
direct communication with Balti-
more by rail. This could be had
by the construction of a railroad
which would provide transporta-
ton for large and fertile section
of the county, which, at that time,
had no access to the markets ex.
cept by wagons and mostly over
extremely bad roads. The cost of
the Washington County Branch
of the B. e O., was put at $1,000.
900.
The following entries are TAX
en- from the minutes Of the
Mayor and Council of Hagers-
town:
Nov. 30, 1867: A petition was
The Hagerstown globe. (Hagerstown, Md.) 1936-1943, 1939-03-10
COOPERATIVE PROGRAM

A nationwide cooperative pro-
gram Of stewardship promotion is
proposed for the year 1939-1940 in
a booklet. entitled "A Venture of
raith," published by the National
Committee for Religion and Vel
fare Recovery. A number OF OBJ
1eotiyes are mentioned by the
committee. The organization is
composed Of approximately $50
recognized leaders from the major
religious faiths.
hours Of the day and night. to
physicians throughout Maryland,
at the laboratories of the City and
State Departments of Health in
Baltimore City and at the branch
laboratories of the State Depart
ment OF Health in the Counties,
to aid them in the prompt diagno-
sis Of the disease.
"Serums that are effective for
the treatment of specific types OF
the disease may be obtained from
the State laboratories, at cost, on
the order of the physician in at
tendance"
The Hagerstown globe. (Hagerstown, Md.) 1936-1943, 1939-03-10

READ THE GLOBE ADS
Evening star., 1939-04-02
Stock Adviser Denies
Activity in Recent
Market Break
Angus Tells Probers
His Influence Is
Diminutive'
BY the Associated Press.


NEW YORK, April 1-State At
torney General John j. Bennett. jr.,
said today Maj L. L. B. Angas, Brit
ish stock market consultant, had told
him he had not been active in the
stock market during the severe de-
cline this week and denied being
anything but "diminutive inf1u-
ence" on the market
Bennett summoned the Britisher.
whose writings on the stock msrket
have received considerable attention,
as the first witness in an investiga-
ton into what he described as
widespread rumors that advice of
investment counselors allegedly
tended to create the recent break
In the stock market
After two-hour conference with
Angas in the presence of Hector
J. Dowd of the Federal Securities
and Exchange Commission, Bennett
issued this statement:
Maj. Angas gave complete
statement of the nature of his busi-
ness. He denied being anything but
a 'diminutive' influence on the mar
ket and stated he did not buy or sell
a share of stock here or abroad for
himself or his clients the past week.
He also denied sending any gen.
eral wires to his clients since
March 25."
Ambrose V. Mccall, assistant at
torney general, said the meeting
was adjourned subject to call, but
declined to state when the investiga-
ton would be resumed or the names
of other prospective witnesses.
Evening star., 1939-04-02
Erie Bond Group Urges
Rejection Of Plans
BY the Associated Press.

By the Associated Press.
The Interstate Commerce Com
mission said yesterday a protective
committee representing Erie Rail-
road refunding and improvement
mortgage per cent bonds had filed
a brief urging rejection of both
pending plans for reorganization of
the Erie.
The committee, headed by Gard
ner B. Perry, assailed both pend
ing plans because they give recog-
milton to present stockholders.
Included in the committees brief
was a request that the I. c. c. make
q formal finding that the Erie is
insolVent.
1T is clear that measured by earn
ing power, which is the real test,
neither the present preferred
nor the present common stock OF
the railroad has any value" the
Perry Committee said. Having no
value, neither stock is entitled upon
reorganization to participating in
terest in present assets or to any
certificates Of interest in a possible
prospective equity which will carry
with them a voting control OF the
reorganized company"
The Erie's reorganization plan
provides that present stockholders,
both preferred and common, receive
one share of new common for each
share of preferred or common now
held. The other pending plan, known
as the institutional group plan,
would allow present stockholders to
purchase new common stock for
$50 625 a share.
Evening star., 1939-04-02
Sharp Improvement
In Auto Earnings
Is Predicted
Poor's Expects Greoter
Goins Than Sales
Rise Indicates Il

erecial Dispatch to The Star.
NEW YORK. April First
quarter production of cars and
trucks will be close to 100000 units,
an increase of 85 per cent over the
level attained in the preceding
three-month period, according to
Poor's Stock Reports.
1.-THE benefit to the industry's
earning power should be much
greater than implied by the sales
gain, however, for higher degree
Of efficiency now exists than during
the period. Immediately following in
PRODUCTION of the new models. Re-
suits not far from those obtained in
the opening 1896 quarter are likely.
Prospects Favorable.
1.-THE outlook for the remainder of
the year is likewise favorable" con-
tinues Poor's forecast. Public buy
ing power is expected to continue
improving, models are attractive and
prices are reasonable Last years
output failed to satisfy normal an
nual requirements by good margin.
This suggests the existence of
sizeable deferred demand. These
factors, taken in conjunction with
business obtained to date, point to
q full year production Of some $780,
600 to 100000 cars and trucks. In
comparison with last year, produc-
ton In 1899 is expected to be IS to
IS per cent higher.
Earnings gains will be consider
ably greater, for rising volume will
distribute relatively fixed overhead
costs more widely. Thus unit costs
will be lowered.
Realignment Due.
"The recent introduction Of q line
of lighter models by Studebaker Is
probably the first step in a general
realignment of passenger car offer
ings. The new machines. priced with
the de luxe models of the big three,
offer the attraction of considerably
lower operating costs as result of
engineering refinements.
THE reception acc' rded these cars
by the public will be watched closely
by the whole industry Any indica-
ton that a large potential market
exists is certain to bring forth new
competition"
Evening star., 1939-04-02
Hudson Motor Reports
Lorqe 1898 Deficit
specisI Dispatch to The star.

0peSAui AbobhsSA " AhV osoAs
NEW YORK, April 1.-The annual
report OF the Hudson Motor Car Co.
shows consolidated net loss Of the
company and subsidiaries In 1898
was $4,670,004, after all charges, in
cluding interest, depreciation and
taxes. This compares with net earn
ings of $670716 on the same basis
in 1887. ~.
Charges for depreciation and
amortization aggregated $2,642,643,
the depreciation rates used being
the maximum permitted by the In
ternal Revenue Department. Taxes
during 1888 amounted to approxi-
mately $2,211 1856.
The consolidated balance sheet as
of December 81, 1898, shows current
assets Of, $12660 275, as compared
with current liabilities Of $3,735 .806
Net working capital totaled S8924,-
469. Holdings Of cash and United
States Treasury bills amounted to
$6, ,47s. 90 ''.-''r
Evening star., 1939-04-02
McGi|| Commodity Index
Continues 10 Decline
Special Dispatch to The Star.

AUBURNDALE, Mass. April L.
The index Of all commodity prices
compiled by the McGill Commodity
Service declined to $50 for the last
week in March. This compares with
685 week earlier and It's for this
date in 1898. The present index is at
its lowest point since December. 1884.
Weakness during the last week
was general, involving declines in
the industrial, agricultural and live
stock groups. OF the IA individual
indices which comprise the COM
posite index. declined during the
week, 1 were higher and remained
unchanged from the previous weeks s
levels.
Weakness in the Industrial index
was caused by lower prices for chem
icals, fuels, fine textiles and veg.
etable oils. Strength was noted in
nonferrous metals, paint materials
and coarse textiles.
The decline in the agricultural
index was attributable to lower
prices for rye, cotton, flaxseed and
butter. These declines more than
Offset advances in corn, barley and
potatoes.
Evening star., 1939-04-02
Cotton Yarn Production
Declines in Japan
BY the Associated Press.

BY the Associated Press.
The Agriculture Departments for
eign service reported yesterday that
Japanese production of unmixed
cotton yarn during the five-month
period ended March l was % per
cent smaller than In the comparable
period a year ago.
The departments attache at
Osaka informed the service that
japanese mills were encountering
difficulties in making sales in foreign
markets. This contributed to the
slump in production.
Exports Of 1T ,855 900 square yards
of cotton piece goods for February
were said to have been almost TO-
100000 square yards below the re-
duced January exports and 36 per
cent less than in February. 1898. A
total decrease of 1875 per cent in ex-
ports from September through Feb
ruary was reported.
February imports Of raw cotton
into Japan. totaling 2085l8 bales,
were about the same as in January,
There was still shortage OF avail
able supplies of high-grade Ameri-
can long staple, the attache said.
Considerable quantities Of old crop
Brazilian cotton continued to arrive,
much of which was used as a sub
stitute for good grade American not
obtainable at comparable prices.
Evening star., 1939-04-02
Hungary Will Redeem
Coupons on Bonds
specia, Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK. April 1.-The Cash
Office Of Foreign Credits at Buda-
pest, Hungary, today announced
that 1t will redeem through its
central paying agents in New York.
Schroeder Trust Co., coupons dated
April l, 1899, on the following bonds
at the rate of s875 per coupon de-
tached from a $1,000 bond: Farmers
National Mortgage Institute per
cent Hungarian Land Mortgage
sinking fund gold bonds Of 1928,
dollar issue; Farmers National Mort
gage Institute per cent land mort
gage bonds, dollar issue. and Hun
garian-Italian Bank, Ltd. TX per
cent 35-year sinking fund mortgage
gold bonds, dollar issue, series "A-C."
Coupons presented in acceptance OF
this offer, which expires September
30. 1899, and is made only to per-
sons resident outside of Hungary.
must be transmitted to Schroeder
Trust Co., 46 William street.
Evening star., 1939-04-02
Resources Of D. {. Banks
Now Total $390,S51,000

The District of Columbia contains
five of the 257 commercial banks
listed in the first 1899 edition of
Rand McNally bankers directory
that have over $4,000 900 in total
resources. They are as follows:
Riggs National Bank. ranking list
with $113.734, 900: American Security
e. Trust Co.. 111th, $62,910.000: Ma
tional Metropolitan Bank. 229th,
$28, 100000: Hamilton National
Bank, 239th, s27 1884, 900, and WASH
ington Loan & Trust Co., 242d, $27,-
$4,000.
Total resources of the 257 COM
mercial banks in this list amount to
$37 SIC, ,679 900, Of which the District
of Columbia banks have $259, 1921 900.
Total resources of all District of
Columbia banks amount to $780,
851 900.
Evening star., 1939-04-02
Dividend Meetinas

NEW YORK. April specisD Among
the important companies which will hold
dividend meetings this week are American
Can Co. American Smelling g. Refining
Co. Cerro de Pasco Copper Co. and Pa
ciflc Lighting Corp A list Of the meetings
OF companies definitely scheduled is re.
ported BY Fitch Investors Service rs fol.
lows:
Monday. April 8.
Melville Shoe Corp. (second preferred
and common
Tuesday, April 4.
American Can Co, (common) 2:15 pm.
cerro de Pasco Copper Co. (common).
2 pm.
Homestake Mining Co. (common), 8 pm.
Maytag Co, tpreferredl. 2 pm.
9ptegel, Inc (preferred). 10 am.
Wednesday, April s.
American Smelling g. Refining Co. (com.
NOM, IL m.
Atlas Powder Co. fpreferred), 8 pm.
Pacific Lighting Corp. tcommon). pm.
Thursday. April 8.
Century Ribbon Mills. Inc. (preferreO.
$3.50 Am.
Sharp g. Dohme. Inc. preferred ~A),
2 pm.
Evening star., 1939-04-02
Cities Service Plans
Vote on Segregation
OF Properties
Separation Of Porent
Firm From Power
Business Proposed
q, the Associated Press.

b. the Associated Press.
NEW YORK, April 1.-Stockhold-
ers Of Cities Service Co. will vote at
their annual meeting April Is on a
plan TO segregate the company's oil
and utility operations, proxy notice
sent out today disclosed.
The proposal. involving complete
separation of the parent company
from the power business, involves
placing with trustees all OF its hold
ings Of Cities Service Power e. Light
Co., including common and pre-
ferred stocks, as security for out
standing debentures.
Various scattered properties will
be sold to adjacent utility systems
and some of the larger units may be
set up as independent companies,
1t was said.
The parent company, under the
plan, will confine Its activity to
natural gas and petroleum.
Evening star., 1939-04-02
Survey Shows Big Rise
In Nets al End Of 1888
By the Associated Press.

By the Associated Press.
NEW YORK, April Met profits
of 1893 industrial and mercantile
companies, representing broad
cross-section of industry, in the final
three months of 1898 increased 71a
per cent over the comparable 1887
period and made the sharpest
fourth quarter profit gain since
1923, the Federal Reserve Bank OF
New York said today In its monthly
business survey.
The increase, it noted, covered
chiefly companies producing durable
goods. Automotive profits, the bank
added, in the fourth quarter ap-
proximately quadrupled the in
dustry's low earnings in the first
nine months Of the year.
Evening star., 1939-04-02
Commodity Price
Chunqes in Week
BY the Associated Press.


NEW YORK, April 1.-Commodi-
ties gave ground slowly this week
against the selling in speculative
markets caused by the war threat
in Europe.
Falling for the fourth consecutive
week, the Associated Press index OF
the wholesale prices Of IS important
raw materials and foodstuffs sank
to the lowest this year. 1t worked
out at $3.50 compared with 66.01 the
previous week and 1854 a year ago
Adding force to the decline was
rather widespread weakness in live
stock and farm products Analysts
suggested this may have been due
in part to seasonal causes and early
spring promise of another good CROP
year.
War Scare = Factor.
But more important, it appeared
was fear European war might fur.
ther complicate the recovery pro.
gram in this country and disposaI
Of farm surpluses in the world mar
ket. The export problem was en-
phasizcd by the administration
plan for a Federal subsidy on cot
ton sales abroad to move some OF
the huge supply which has accumu-
lated in this country.
Despite a month of decline. COM
modify prices on the average stayed
within the narrow orbit they have
followed since last summer The
effect mainly has been to wipe out
small February upturn.
Grains, which usually attract
speculative buying when the war
alarms sound, moved against the
main down trend. Losses in most
commodities were minor, an eXcep-
ton was a sharp fall in butter
which has been on the skids since
the Federal Government withdrew
support couple Of weeks ago.
Livestock Down.
Hogs, cattle and lambs also were
in q down slant after holding ul
staunchly through the winter and
even showing an urge to climb al
times.
The Associated Press index. based
on 1926 average prices as 100, com.
pared as follows:
Evening star., 1939-04-02
Canadian Financing
Hits 5-Yeur Peak
Special Dispatch to The Star.

special dispatch to Inc Star.
NEW YORK, April 1.-The VOL
ume of new Canadian bond financ-
ing for the month of March, ex.
elusive Of Dominion Treasury bills,
amounted to $30,455, ,424 and was
the highest for that month in any of
the last five years, according to fig
ures compiled by Wood, Gundy d
Co., Ltd.
All financing was for new money
and consisted principally Of an issue
Of $4,000, 900 Province of Quebec
~ per cent, 3A per cent and 3h
per cent sinking fund debentures.
For the same month last year
new financing totaled $2,865, 1873 and
in 1887 amounted to $22 500,445. In
March of each year Treasury bills
amounting to $50, 100000 were issued
for refunding purposes.
Evening star., 1939-04-02
More Room With Mirrors

NEW YORK, April l (SpeciaD -
The long polished plate glass mirrors
frightening the interior of the new
aluminium, rubber-sprung and rub
ber-wheeled luxury subway car
placed in service here recently have
a definite psychological function,
Designer Frank Shepard explains.
They multiply" the apparent space
and lure passengers away from car
doors, points of greatest congestion
in rush hours.
Evening star., 1939-04-02
Federated Department
Stores Profit Rises
By the Associated Press.

oJ N1Ie HSoUCfn1eu 1Ieos'
NEW YORK, April Federated
Department Stores, Inc, for the
fiscal year ended January 81. today
reported consolidated net profit of
s2,756, ,223, equal after preferred divi-
dends to $2.45 share on common
stock, compared with $2,709,219, or
$237 a common share, in the pre-
ceding fiscal year. Company oper-
ates stores in New York, Boston and
Columbus and Cleveland, Ohio.
Evening star., 1939-04-02
Chicago Stock Prices
Improve at Close
BY the Associated Press.

BY The Associated PTebS.
CHICAGO, April 1.-Stocks re-
acted today after opening higher,
but many firmed at the close IN an
active Saturday session in which
So 900 shares in 1913 issues were
traded. Thirty-four issues closed
higher, SO lower and 80 unchanged.
Aviation and Transportation Corp.
closed q off at "a: Bendix Aviation,
l point higher at 2034; Chicago
Corp, up X at IL; Commonwealth
Edison, Y higher at 26'4: Marshall
Field, up u at 1914; Middle West
Corp, a higher at 6h.
Evening star., 1939-04-02
Profit Of Columbia
Broadcasting Hits
$3,541,740 Mark
Net Contrasts With
$4,297, 566 Recorded
In Preceding Year
BY the Associated Press.

NEW YORK, April 1.-Columbia
Broadcasting System, Inc, reported
today for 1888 net profit Of $751;
740,, equal to s207 a share on the
combined class "a" and "B" capital
stock, compared with s4.297 ,566, or
$2.52 a share on the same number
of shares in 1897.
Reynolds Metals.
Reynolds Metals Co. reported for
1888 consolidated net income Of
STILLS, equal to 20 cents a share
on the common stock. compared
with S15l5,920, or Sl2l a share in
1887. The company's main plant is
in Louisville. KY, with branches in
other key cities.
Other Reports Listed.
Other corporate earnings reports
issued during the week showing
profits per common share included:
Year ended December 81.
Evening star., 1939-04-02
Steam Radiator Movable

DETROIT, April (SpeciaD "A
steam radiator which may be car
ried from room to room has been
perfected by the Electric Steam Ra-
diator Corp. here. Weighing 40
pounds and % feet in length, the
water in 1t is heated by electricity
from q wall socket.
Evening star., 1939-04-02
World Prices Decline
In Terms of Gold
By the Associated Press.

NEW YORK, April 2.-The Gen.
eral Motors Cornell World Price In
dex Of 40 basic commodities dropped
to 60.8 during the week ended March
rs from the revised figure of 500 in
the previous week. The United
States index in gold decreased 2 OF
l point.
The index numbers, when 1910
1914 equals 100, follow:
Evening star., 1939-04-02

ROOM EXPERT-Robert H.
Lacey, cashier of the Colum-
bia National Bank, has been
appointed chairman Of the
Hotel Committee arranging
for the annual convention of
the District Bankers ASsocia-
ton at Hot Springs, Va, June
8-11, President Hilleary G..
Hoskinson announced yester-
day. He has served on other
committees and Is a former
president of Washington
Chapter, American Institute
of Banking.
Evening star., 1939-04-02
Insurance Stocks

NEW YORK. April R.-Investmen
HAnkers' Conference. Inc:
Evening star., 1939-04-02
Investing Companies

NEW YORK April l tP.-Investment
Bankers Conference, Inc:
Evening star., 1939-04-02
New York Bank Stocks

NEW YORK. April ! P.-Inyestment
Bankers Conference, Inc:
Coulee City dispatch. [volume] (Coulee City, Wash.) 19??-19??, 1939-11-23

IMPRISONED in the anchor-chain
= locker of small freighter on which
he had slowed away, George L. Smith,
Of Miami Beach, Florida, owes his life
to some fashlight signals that brought
rescue only few minutes before he
was about to be crushed to death. by
the dropping of the anchor.
Smith had slowed away in the ships
chain locker, intending to move to a
safer place as soon as possible. But a
sailor, spying the open hatch, shut it
and locked it, hurrying away before
Smiths shouts could be heard. This
meant that whenever the ship dropped
anchor, the steel chain would begin I'M
coiling at lightning speed, quickly bat
tering to death the young stowaway.
81 sat down on the chain and tried to
think of some escape" Smith said, re-
lating his experience. Shouting would
not bring help. 1 had nothing with
which to pound on the iron bulkhead.
at didn't seem long until night came.
! knew it was night because no more
light came in through the port. The
darkness down in there was getting on
my nerves, and then l thought of my
6ashlight. Fortunately 1 had fresh bat
ferries in it, and even though the light
was damp, it worked This was my last
chance TO save nay neck