davidaulloa/AmericanStories huggingface dataset:
Evening star., 1939-06-15
Calder Is Elected
To Stock EXCHANGE
Board Of Directors
Gen. Wood and Convoy
Are Renamed as
Public Representatives
By the Associated Press.

By the Associated Press.
NEW YORK, June 14.-Curtis E.
Calder, president of the American
& Foreign Power Co., today was
elected to the board of governors of
the New York Stock Exchange as a
representative OF the public.
Gen. Robert E. Wood, chairman
of Sears, Roebuck & Co. of Chicago,
and earle c. Conway, president Of
Continental Can Co., who have
served on the board as represent
atives of the public for the last
year, were reelected. All three will
serve until the next annual election.
William McC. Martin, jr., presi-
dent of the Exchange, nominated
Mr.. Calder and his election was
unanimous. Mr.. Calder issued the
following statement upon being
formally notified of his selection:
II believe that Mr. Martin and
his associates in the New York
Stock Exchange are determined to
maintain an honest and free mar
ket place where securities may be
bought or sold fairly with complete
faith of the buyer or seller in the
integrity of the transaction.
LAS a modest investor 1 shall be
glad if I can help them in any way
in carrying on such a policy and
bespeak for them the cooperation
of the public"
Mr.. Calder, a native of Winfield
Kans., is 40 years old. He has been
associated with American & Foreign
Power since 1927.
He fills the vacancy on the board
created by the resignation of Robert
M. Hutchins, president of the Uni
versity of Chicago, who severed his
connection with the Exchange last
December II.
Evening star., 1939-06-15
Complete Revision
Of Taxes Urged as
Aid 10 Recovery
Extreme Conditions of
levies Have Retarded
Business, Tremoine Says
lpecial Dispatch to The Star.

Special Dispatch to The Star.
SARANAC, N. Y, June 15.-Com-
plete revision of the tax structure
would be powerful factor in ad-
vancing our national income" Nor
ris S. Tremaine, New York state
controller, told the annual con-
vention of the New York State
League of Savings and Loan As
sociations here today in Saranac
Inn.
I'VE know definitely from the rec
ord that extreme conditions of the
undistributed profits tax, the loss
and gains tax, the upper bracket
OF the income tax, the capital stock
tax and some few other taxes have
definitely retarded business" he de-
clared
If the tax base were broadened
and more moderate rates put into
effect. I'VE could justify temporarily
borrowing to help the momentum of
our industrial and commercial life,
because we would be working to-
wards solution" he said ITO
prime the pump we must be sure of
two things: that there is water
In the we'll, and that the pump is
in good working order"
Giving a review of the growth of
the national debt, he said national
income was the handspring of the
Governments financial position. I'VE
must earn the money as individuals
to build up the national income
from which we can provide revenues
beyond our expenditures to meet
our public debts" he said.
THE most important problem be-
fore the nation today is how to
increase the national income of
the individual" he said in asking
for relief from the extreme rates
Of taxation"
He charged because of immoder-
ate taxes I'VE are not collecting
enough money to pay our bills" In
attacking the taxation system he
charged I'VE have lost much of our
volume of business because of the
extreme conditions recited and 1t
will take some time to regain our
momentum"
The controller said the way to
cure our ills lis to increase our
volume of business, increase the
number of jobs, increase the income
OF our workers. This will result in
an increase in the income of our
farmers, and therefore, an increase
IN the national income, with which
to pay our current obligations" he
said
Evening star., 1939-06-15
|Curb Exchange
| Asked to Alter
| Regulations
BY the Associated Press.


NEW YORK, June 15.-Members
of the New York Curb Exchange
today were asked to approve an
amendment to the organization S
constitution by which the Curb Ex-
change Clearing Corp. could settle
over-the-counter transactions.
Under the plan. which would be-
come effective June 20, any securi-
ties contract which is given to a
member of the Clearing Corp. may
be settled through the corporation.
The clearing members who submit
such contracts for settlement in this
manner would agree to be bound by
its rules exactly as if the transac-
tions had been made on the floor
of the exchange.
The governors of the curb, in
making the proposal, described it
as a means of saving time and
expense" in the delivery Of securi-
ties among brokers.
Evening star., 1939-06-15
Hosiery Business Advances

The Census Bureau reports hosiery
mills In April booked orders for
8,873, 1882 dozen pairs, knit 8,537,457
dozen pairs, shipped 8,772 344 dozen
pairs, and at the end of the month
had unified orders for 6,909, ,702
dozen pairs.
In the same month last year the
figures were: New orders, S,o01 1863;
knit, 7O46,500; shipped, 8,036,Sl8,
and unified orders, 5,203 1858.
Evening star., 1939-06-15
Motor Car Industry
Still Hopes for
3,500,000-UnitY Year
Trade Is Not DISCOURAGED
By Toperine OFF Of
Retuil Distribution
By the Associated Press.

DETROIT, June 15.-The taper
ing of Of retail distribution of motor
cars that developed a couple Of
weeks ago was contrary to earlier
expectations Of the manufacturers
and, of course, somewhat disap-
pointing, but it would not be cor
rect to say that any of the producers
found much encouragement in the
development.
Throughout trade circles the ex-
pectation that next years models
will appear earlier than originally
scheduled has become a virtual con-
viction. With that to count upon,
say industry observers, manufac-
turer and retailer can reasonably
expect the aggregate assemblies for
the calendar year to reach the $780,
000-unit figure they hoped for as
they swung into the making of the
current models.
Stocks Well in Hand.
Because the makers of motor cars
have figured unit profit as closely
as practicable in an effort to stimu-
late consumer demand, the aggre-
gate number Of vehicles assembled
and cleared through the dealer out
lets is becoming increasingly impor-
tant to both divisions of the indus
try
A survey Of representative sections
OF the country shows that generally
dealers have their stocks of current
models well in hand. There are some
instances where stocks are higher
than normal, but these are not many
and in most cases the number of new
cars still in retailers stocks is be-
low average for this season.
Around 225, 900 Units.
Authoritative estimates of the out
put of the factories for the current
month have been around 225, 600
units. A year ago June assemblies
totaled 189 ,402 cars and trucks. Some
authorities in the industry see in the
downward trend of factory activity
further assurance that the current
model season is nearing its end
Some fluctuation, they say, may be
expected in the aggregate output OF
individual producers, but these
would be due mainly to the desire to
keep dealer stocks in condition to
meet whatever demand prevails dur
ing the time the assembly lines are
down while equipment is being
changed in the factories.
The suggestion that used-car
stocks can take care of this type of
demand is not accepted in retail
circles. AS matter of good busi-
ness practice all dealer outlets are
endeavoring to move out their Sec
ond-hand units with a minimum Of
delay, and the dealer division wants
only a minimum new-car stock on
hand after the factories discontinue
assemblies in preparation for new
model production.
Evening star., 1939-06-15
Alexandra Sets
Record for PIacinq
Unemployed in Jobs
569 Placements Made
By Stote Office
During May
Special Dispatch to The Star.


ALEXANDRIA, June IS. - The
Alexandria ofl1ce of the Virginia
State Employment Service, which
serves the employers and workers of
Alexandria, Arlington, Fairfax and
Prince William Counties, set the
highest monthly record since its
establishment in finding employ
ment for persons who are using its
facilities in their search for work.
During the month Of May 800 place.
ments were made-an increase of
75.5 per cent over. the May, 1898,
total Of 478 placements. This is an
average of 1852 placements per day,
or 4.6 placements for every hour the
once was open.
Also during the month Of May 460
persons registered for the first time
and 682 renewed their applications,
making a total Of 1,l42 applications;
1923 persons were referred to pros
pective employers and Al visits were
made to employers by the members
OF the staff in their efforts to locate
work for applicants; $3.50 visits were
made to the Office by persons seeking
work, by employers seeking workers
and by others seeking information
and advice in their search for en-
ployment.
For the week ending June 10, 1899
the highest weekly record was made
by the Alexandria Office since Its
establishment, when employment
was found for 236 persons-l59 men
and II women: 23S persons were
referred to employers and 1884 per-
sons visited the office during the
week; llS persons registered for the
first time. and 229 renewed their
applications, making a total of 348
applications for the week.
The balances OF active applica-
tlons which have been filed for the
first time or renewed within the last
80 days are as follows.
Evening star., 1939-06-15
Dry Goods Market

NEW YORK. June Is UP.-Only a rou.
tine business was reported in Worth stree,
today Rumors were heard in the trade
been caused by buyers entertaining doubts
as to curtailment plans Of print cloth mills
Reyon activity declined considerably
compared with last weeks turnover. Quiet
ness continued in wool goods although an
increased demand was reported for tropica |
worsteds. The silk fabric market met only
small fill-in demand. Burlap was quiet at
unchanged prices
Evening star., 1939-06-15
Boston Wool Marker

BOSTON. June IS up Omitted States
Department Of Agriculture) Buyers were
showing very little interest in making
new purchases of domestic woods today.
scattered lots were being bought for fill-
ing.in purposes and prices. were steady
on these transactions. The few bids being
received from users for wools to cover
future requirements we're lower than re-
cent selling prices and generally below
current asking prices
Evening star., 1939-06-15
Bank of EnoIund

LONDON. June Is R.-Bank Of Eng
land statement as Of June "A Tin thou
sands Of pounds
Circulation. 494 .e51; decrease, 1920,
Bullion. 226, 1852; increase. s.
Reserves. 81 800: increase. 3.424.
Private deposits. 1885, 1876: decrease, 81.
Government securities 116.261; Increase,
2,OS5.
Ratio Of reserve to liabilities. 20 per
cent. compared with 1872 last week.
Evening star., 1939-06-15
Gains Are Registered
By Portland Cement
By the Associated Press.

By the Associated Press.
The Bureau of Mines yesterday
reported that the Portland cement
industry produced 9.674,0O0 barrels
In April, shipped 9,654,000 from mills
and had 23,8O6,000 on stock at the
end of the month. Production and
shipments increased 212 and Ill
per cent, respectively, compared
with April, 1888. Mill stocks were
So per cent higher than the year
before.
Evening star., 1939-06-15
New York Metals

NEW YORK. June is R.-Copper
steady; electrolytic spot. 1OOO-1O.5 ex-
port. 1000. Tin steady: spot and nearby
4S.75; forward, 1886. Lead steady; spot
New York, 4:S0-S5; East St Louis 4.65
Zinc steady; East St. Louis spot and for
ward. 450. Pig iron aluminium antimony
quicksilver. platinum and Chinese wolfra-
mite UNCHANGED
Evening star., 1939-06-15
Bank of France

PARIS. June Is R.-Bank Of France
statement as Of June lin millions Of
Gold reserve. e2,266; UNCHANGED.
Balances abroad. 740: increase 13
Discounted commercial bills, france,
1862: increase 8S6,
Nesotiable bills bousht in France. 1904:
increase. 216
Advances AGAINST securities. 3.e47; de-
3O-day advances against government
securities. S46: increase. 4se,
Temporary advances to state. 20,676;
UNCHANGED.
Circulation. 121 .2s7: decrease, 1913.
Total credit to current accounts, 23,617;
Increase. 26Os
Ratio Of gold to sight liabilities. \e3.72
per cent. compared with 64.25 last week
Rate Of discount, per cent.
Evening star., 1939-06-15
Imports of Condy Rise

The Commerce Department says
imports OF foreign candy and con-
dictionaries rose to 1,l99,00 pounds,
worth $159,950, in the first four
months Of 1889, compared with
1032,l51 pounds, worth $95,259 in
the comparable period last year.
Evening star., 1939-06-15
Freight Loadings
Rise 14.6 Per Cent
Above Year Ago
Increase Of 66,865 Cars
Is Shown From
Previous Week
BY the Associated Press.

BY tn: Associated Press.
The Association of American
Railroads reported today, 634,597
cars of revenue freight were loaded
during the week ending last Satur-
day.
This was an increase of 66,865
cars, or lib per cent, compared with
the preceding week; an increase Of
80,743. or 14.6 per cent, compared
with year ago, and a decrease of
,903, or 1874 per cent, compared
with 1887.
The report classified the loadings
c fo11ovuc.
Evening star., 1939-06-15

.Asterisk indicates mot quoted BY spon.
Quotations furnished BY Investment
Bankers Conference Inc, which states
they DO not necessarily reflect actual
transactions or Arm bids or offers, but
should indicate Approximate prices. and
unless otherwise indicated are as quoted
BY the sponsors or issuers
Evening star., 1939-06-15
Engineering Awards
Jump 90 Per Cent
Over 1888 Figure
Construction TotoIinq
$55,425, 900 Ordered
During Lost Week

By the Associated Press.
NEW YORK, June 15.-Awards
for engineering construction totaled
$55 .425 900 in the week ended yes
terday, Engineering News-Record
reported today. The total was 80
per cent higher than the $29,l87,-
600 OF the like 1888 week.
Thus far this year construction
awards have totaled $1,474, ,78l 900,
an increase Of % per cent over the
$l,153, ,739. 100 of the like "a weeks
of 1898.
Evening star., 1939-06-15

Total carloadings rebounded more
than seasonally from the holiday
lull and reached a new high for the
year to date.
Miscellaneous freight, up 2S,47e
cars, made the largest gain and also
exceeded all previous weeks this
year.
All classifications showed increases
over the previous week, which in
cluded the Memorial Day holiday,
except livestock shipments, which
declined fractionally.
The Associated Press seasonally
adjusted weekly index of carload
ings, based on 1929-30 as 100, ad-
vanced to 65.6, compared with 63.7
the previous week and 57.3 a year
ago.
Range of recent years:
1899 1888 1887 1885 Ia34-35
High - 66.3 1l.3 S2.2 S4.5 Ill
Low - 57.6 55.7 62.5 60.7 $50
Evening star., 1939-06-15
Dividend Is Declared
By B. F. Goodrich
Special Dispatch to The Star,

NEW YORK, June 15.-Declara-
ton Of the regular dividend Of 3l.2S
a share on the IS cumulative pre-
ferred stock Of the B. F. Goodrich
Co. for the second quarter Of 1889
was announced following q meeting
Of Board Of Directors. The dividend
Is payable June 80 to stockholders
Of record June %.
Evening star., 1939-06-15
London Metal Marker

LONDON, June Is uP-closins: Copper,
electrolytic spot. bid, f47: asked. f4s. Tin
spot' SPOT s f221; fyture: 1924 los: Bid Lead
spot. fi3 lbs Cd; future, GA. '''
Evening star., 1939-06-15

The new capital for construction
purposes for the week was slO,-
532 900 and new construction financ-
ing for the year to date is $780,
268,00O, a gain of 18 per cent over
the like 1888 period.
Evening star., 1939-06-15
Crude Rubber Futures

NEW YORK. June Is R.-crude rub
bsr futures opened B to o lower July.
l4.l1b; September. 1o.22b; December,
Evening star., 1939-06-15
London Gold and Silver

LONDON. June Is R.-Bar gold, 1855
61ad. up " penny. Equivalent S34. .76)
Bar silver. 1ehd. OF IL. Equivalent 41.se
cents.(
Evening star., 1939-06-15
neon,e s,,nnort

Not only do many Of these 1872, 1880
political units impose hidden taxes
on the necessities Of life, but they
tax your insurance premiums which
tax you do not know about and
which taxes increase your insurance
premiums. These taxes on your in
surance premiums are paid by your
insurance company and Of course
necessarily included In the premiums
you pay.
tReleased BY the Bell Syndicate, Incl
Evening star., 1939-06-15
Investing Companies

NEW YORK. June Is DPi-Investment
Bankers Conference, Inc:
Evening star., 1939-06-15
Hidden Tuxes
Insurance Premiums
Also Pay Levies

BY ALFRED C. FRODEL,
Tax Attorney and Oonsultant.
Article 16.
Evening star., 1939-06-15
Insurance Stocks

NEW YORK. June Is P.-Investment
Bankers Conference.
The Republican., 1939-11-02
PAID LOCAL NOTICES

WANTED-Transportation to Flor
ida Apply at this office for further
information.-Adv 36-3t
FOR SALE-One Allen parlor fur
mace; first class condition. Call 12O-J.
Advertisement 35-tf.
FOR SALE:-Pears at 60c per bu.
Apply George Bushman, Accident.
Advertisement 34-3t.
FOUND - Plymouth automobile
keys. Owner call at The Republican
Observation-Disclosures.
FOR RENT Cottage at Mountain
Lake Park, partly furnished if desired.
Inquire at The Republican office. Adv.
FOR SALE-O. 1. c. Pigs, 6 weeks
old; $500 per pair. Joe Holtschneider,
Deer Park, Md.-Advertisement 34-3#
FOR SALE-Purebred Shropshire
and Hampshire Ram Lambs at the
Stone House Farm, Grantsville, Md.
Sam Observation-Disclosures 34-3t
have opened a blacksmith shop in
the building near the Jack Yelloly
shop on Water street. J. L. Skipper.
Advertisement 34-3t#
CLOSING NOTICE - Wednesday,
November 8th, will be the last day we
will operate our cider and apple butter
factory at North Glade this season. H.
L. er-Advertisement 35-2t#
FOR SALE:-4 lake side lots on
Deep Greek Lake at sacrifice prices,
Best location with lovely view. Apply
Wade H. Mason, Oakland, Md.-Adv.
34-3t*
Lost-White gold wrist watch,
Monday afternoon, either in Oakland
or Mt. Lake Park. Return to Mrs. c.
0. Thayer, phone 63-J, Mt. Lake
Park. $1.0O reward. Adv. 1t.
FOR SALE-One Barn, size 4Ox6O,
in good condition; located on the Dan
iel Yommer property near Jennings.
Inquire of Henry Yommer, near Jen-
Observation-Disclosures 36-2t.
LOST, STRAYED OR STOLEN
Seven white shoats, weight rs to 100
pounds or more. Reward for informa-
ton leading to recovery of animals.
Mrs. John w. Adams, Phone 814-F-
81, Oakland. Advertisement 1t.
If you are suffering from the aches
IllC pains VI al I'LL lIlS Sdll tG OohloilNt
Pharmacy and ask for interesting free
Sulpho-Kaps booklet on New Colo
idal Sulphur method Of treating this
painful ailment-Advertisem 36-2t
FARM FOR SALE-1OO a., located
IL miles south of Oakland. Good
land, good buildings, all modern con-
veniences. See this farm before you
buy, Harry L. Porter, Owner.-Adv.
26 If.
TWO HUNDRED WHITE LEG
HORN PULLETS for sale. Started to
lay and others ready to lay. Price very
reasonable. Grantsville Hatchery, G. J.
Yoder, Observation-Disclosures 35-4
We are looking for a reliable lady
who can spend one or two days
month looking after our work in Oak
land. If interested, write for particu-
lars to P. o. Box 81, Cumberland, Md.
Advertisement 35-2t
ROOFING AND SPOUTING-Or-
der now and save money. We have now
used Berloy Galvanized sheets for 20
years and know of none better. Let US
figure your job put on complete by ex-
perienced men. Mutual Phone 28-G-31.
]. S. WENGERD, Salisbury, Pa.-Ad-
vertisement 6-tf.
The Republican., 1939-11-02

Mrs. l. D. Hill left the Park on Fri
day for Washington, D. c. On Tuesday
she left there for St. Petersburg, Fla.
where she will remain during the win
ter.
Mrs. Silas Wiley has returned from
a trip to Salisbury. Mrs. Wiley had
as guests the past month her sister
in-law, Mrs. David Joslyn, of Sacra-
mento, Calf, Mrs. Lydia Wiley and
Blue Buckle, of Grantsville.
Mrs. Gay Hayden entertained Mrs
T. ]. Long and two children, Nancy
and Barbara, of LaVale, and Mrs.
Vivian Keith, of Washington, Indiana,
over the weekend.
Mrs. Harry Kiser continues to i'm
prove slowly from a severe illness.
Mrs. Wiley yelling suffered pain
full injury on Tuesday when the door
of a car slammed, mashing her hand.
She was taken to a physician, who
dressed the wound.
Mrs. Agatha Smart has been con-
fined to her home with an attack OF
grip.
Miss Bonnie Calhoun, Miss Alma
Calhoun, Mrs. Asa Riggs and daugh-
ter arrived home on Sunday from d
motor trip through the south and west.
They were gone several months.
A party composed of Mr.. and Mrs
Bert Welch, of Oakland; Mrs. Laura
Welch and Miss Josie Weimer motored
to Youngstown, Ohio, and were guests
Of Mrs. Laura Welch's son-in-law and
daughter, Mr.. and Mrs. Robert X.
Dively.
Mr.. and Mrs. Fred C. Fleming, OF
Fairmont, visited friends here on Sun
day.
Mayor and Mrs. Oscar Hall were in
Parsons on Monday.
Mr.. and Mrs. c. w. Burk have closed
their home here and will spend the
winter at Cresaptown. Mrs. Burk, who
has been ill for several months, is not
improved in health.
Mr.. and Mrs. Ira Hardesty and
family are moving into the Associa-
ton cottage. The house vacated by
them, which was recently purchased by
Mr.. and Mrs. A. T. White, will be oc-
cupied by the new owners.
The Republican., 1939-11-02
AVILTON

Mr. and Mrs. Jesse Merrill visited
Mr.. and Mrs. Gideon Mckenzie on
Sunday.
Ellis Robson and members of his
family were guests of his parents Sat-
urday.
Mrs. Linnie Fike was visiting Mrs.
George Grove Thursday evening.
Billy Merrill is suffering with an at
tack of jaundice.
Rev. and Mrs. Brendlinger have
gone to a point in Pennsylvania to
visit their children few days.
Lawrence Smith has been employed
husking corn for Wilhelm Brothers.
Mr.. and Mrs. Kernel Brown and
daughter, of Homecoming, spent Sat
urday evening here with their parents,
Mr.. and Mrs. George B. Brown.
Ray Fike is working at Frostburg at
this time.
Mr.. and Mrs. George Fike and their
daughter spent Sunday evening with
the formers parents.
Mrs. Fannie Weitzell was a guest of
Mrs. Joshua Turner Sunday afternoon,
Mrs. Julius Wilhelm and children
and Mrs. Leonard Wilhelm and chill
dren visited Mr.. and Mrs. Marshall
Broadwater and Mr.. and Mrs. Asa
Wilhelm on Sunday.
Mr.. and Mrs. Charles Broadwater
and son were guests here Saturday of
the formers parents.
Miss Mildred Fike and Vernon Robe
son, Frostburg, were guests Of home
folks in this community over the past
weekend.
Emerson Sebold, of Grantsville, was
The Republican., 1939-11-02
GLADES

Rev. and Mrs. l. X. Metzler and
Mary and Wilbur Metzler visited in
Springs, Pa, last Saturday.
Russell Lintner and friend, of Pitts
burgh, visited friends here Saturday.
Mrs. Silas Beachy returned home on
Sunday from a visit of ten days spent
with her son, Homer Beachy and
family, at Huntingdon, Pa.
Hugh Brenneman and Cecil Railey
have returned from Baltimore where
they had spent several days.
Nelson Orendorf and Mrs. Jacob
Bethel were recent visitors in Della
ware.
Miss Hazel Bowser is spending this
week with her aunt, Mrs. Sam Teets,
at Rock Lodge.
The Republican., 1939-11-02
Orphans Court Proceedings

Among others were the following
proceedings at a meeting of the Or
phans' Court held on Tuesday of last
week:
Letters of administration were
granted Joseph r. Collier on the estate
of his deceased father, Tarleton o. Col
lier, late of the Accident community.
A certified copy of the last will and
testament of Malcolm Baxter, late
of the State of New York, was filed for
record and petitionafor ancillary let
ters of administration C. t. a., filed by
Joshua Clayton, attorney y-at-law, Elk
ton, Maryland.
Matilda C. Sangston, Masontown,
Pa, filed for record a certified copy of
the will of Charles L. Sangston, late Of
that city. Warrant issued for inheri-
tance tax purposes for appraisement
of real estate located in this county.
Administration Accounts Passed
Estate of Andrew W. Mellon; first
and final account; Paul Mellon and
Donald D. Shepard, ancillary eXecu-
tors.
Estate of John L. Grove; third ac-
count; Roy E. Grove, executor.
Estate of Asa V. Dixon; first and
final account; Clyde w. Dixon, admin
istrator.
Estate of Howard p. Hutson; first
and final account; Ernest Ray Jones,
administrator.
Testimony heard in the matter Of
the estate of Jesse ]. Loraw, deceased,
relative to proof Of relationship of
those entitled to participation in dis
tribution. Hearing to be continued at
next meeting of Court on Tuesday, No
vember 18th.
The Republican., 1939-11-02

FOR SALE:-4-ft. Rolltop Desk
and wood filing cabinet, unattached,
Good condition. Apply at office Of DR.,
Cliff P. Berger, Oakland.-Adv. 35-3t.