davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat., 1940-04-29

present when the Manning reSolu- tion went through.
 Asked if he had taken the trouble to investigate Manning Phillips re- piled mo-, that he considered this the business of the president of the firm and that the directors sel- dom went over his head in matters of this nature.
 MT. Phillips also denied a former allegation made during the trial that he was ''in cahoots" with c. H. Suprenent, a New York broker, to put through a deal with McKes- sons to purchase Caron & Company Of Paris and New York, perfume firm. Suprenant was supposed to have submitted two propositions for the purchase which never went through, although McKesson's ap- parently was interested for some time in the possibilities.
 Threatened With Suit
 The allegation was made earlier that Phillips knew about the Supre- nant deal and was to handle the brokerage fees in connection with the same, although he was at the time vitally concerned with the Mckessoa expans:on program. Phil lips denied all this and cited the fact that Suprenant threatened to sue him later when the deal fell through, but that he was advised by Atty. Lawrence L. Lewis of Wa terbury, whom he consulted, not to worry about such threats.
 Suprenant later died in an acci- dent in London, the date being 1884.
 The witness said he introduced Suprenant to Coster in New York, but he said he had no idea of see- ing McKesson's "gouged' by this acquaintanceship. He also said that he didn't want to see McKesson's taken for ride" in the proposed Suprenant deal.
 Atty. Corbin asked Phillips if he knew Coster was considering the Idea of setting up Manning & Go, Tn Montreal as dummy" bank for McKessons and the witness an SWered negatively. He also said that Coster never got sore at him, as George Dietrich has already claim Cd in his testimony.
 Very Little Business
 He also said in the course of uues- t1oning today that very little actual business was ever transacted at a directors meeting of McKesson, Ltd. All the meetings were held in Bridgeport at Coster's office with usually five of the six directors present. Adjacent to the directors room was the office of George Die trich, also director, and whenever vote was demanded he (Dietrich) would step into the room from his office, but would leave immediate ly the matter ended.
 MT. Phillips also claimed that a good part of the meetings, par ticularly the last one at which he saw Coster on October 20, 1888, was taken up with the latter's dis cussion of his yacht and yachting in general. He said that Coster told how his boat escaped the fury of the hurricane which had struck Connecticut just month earlier. CoSter, the witness related, told how he had a fine captain for his
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1940-07-10

TWO or three roouis private hous
ground floor. near bua. HrA -
Ilnss
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1940-07-10

ron SALT WATER WATERFRONT
zee Comfort A DAVIS Rus, olds
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1940-07-10

The Horrors That Bloom in the Spring, Ira
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1940-07-10
rnon. want "A, to Main nn
Real Estate for Sale

South Snd-kust Sell
ONLY 81. 500 for this perfect
little home. IT'S immaculate In
side and out, lovely modern
cabinet kitchen. wired for range.
recessed hath with shower. :
level lots. close II school and
bus We know you'll like this
home. Let US show you. Easy
terms
w. +. Kerr Co.
SOC Rust Bldg. RR 2iai
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1940-07-10

| n z
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1940-07-10
Summer Cottages

SPRING BEACH cOTThGEs-st DAY.
~ Ak ia mo $40 season and up
HoN boats. good fishinE PA 1905.
or write spring Beach. Wash
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1940-07-10
Wanted 10 Rent

WANTED Immediately email fur
nlsnsd cottage. Cash tenant write
"a. Tlmea
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1940-07-10

CARS ron BALANCES DUE ys.s
Coa<t inssstfrseDt Co ziso Fsslfie
opsTzks snsy ssr gives ssfs asa,
s5ts ana E0ath gs1otnA Nsy
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1940-07-10

FOR Puyailgp waller isndf. u v
Smith. 7o< providsnt bldg BIS 800
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1940-07-10

FoUR rooms unfinished. 10 stsf7t.
locaied 8sG7 - AiakEa $50 YAsy
terms Jensen. oAri6ua 1893 at
Evening star., 1940-01-16
Stock Averages
BY VICTOR EUBANK,
Associated Press Financial Writer.

NEW YORK, Jan. 16-Working
up rally proved slow job for the
stock market today, but leading is
sues managed to come back mod
erately.
Gains mostly ran to fractions at
the close, although isolated ad-
vances of a point or so on limited
turnover were to be seen.
1t was far from one-way jaunt
and numerous issues were unable
to get ahead at any time.
The list was accorded a little Sc
lective support at the start Favor
ties were at or near the best in the
final hour.
1t was a loafing performance
throughout, contrasting with larger
volumes in the stumbles of the past
week or so. Transfers amounted to
about 100000 shares.
Brokers attributed the better
price action partly to short covering
and modest purchases by 'in-and-
cutters" on the theory the list was
due for at least temporary re-
vival. There had been four con-
secutive declining sessions wherein
many stocks shuffled off virtually
all of their war-boom upsurge.
Current business and industrial
news was fairly constructive not
Withstanding doubts that a nearby
recession could be avoided were
plentiful.
Intensification of Europe's sea
warfare, congressional rumblings
and the liability of speculative forces
to put their fingers on definite po-
litical trends were thought to have
acted as brake on sentiment.
Prominent on the upside most Of
the day we're Bethlehem Steel,
Chrysler, rs-Roebuck, Boeing.
Westinghouse. Du Pont, Allied
Chemical, Owens-I Illinois, United
States Gypsum, Cluett Peabody.
Kennecott and Consolidated Edison.
Evening star., 1940-01-16
Railroad Revenues
3 Per Cent Above
1888 in December
Freight TotoI Shows
1913 Per Cent Guin
During Month

By the Associated Press
The Association of American
Railroads reported today that 90
class l railroads had total operat-
ing revenues of $285 OPT 1926 for De-
cember, an increase of 84 per cent
over the total of 1852 1881 900 for
the same month of 1888.
The December figures, based on
preliminary reports, were 80 per
cent below the total of $310,340,618
reported for December, 1880.
Freight revenues for December
amounted to 1927 ,305,611, an in
crease of 1913 per cent over Decem-
ber a year ago, and IT. below De-
cember, 1880.
Passenger revenues totaled $32,-
056,484, compared with 32,540,988
in the same month of 1898, a de-
cline of is per cent The December
passenger revenues were 31.9 per
cent below the total of $47,043,889
in December, 1880.
Evening star., 1940-01-16
Advertising Lineage Up
In Curtis Magazines
BY the Associated Press.

BY the Associated Press.
PHILADELPHIA, Jan. 16.-Ad-
vertising lineage in Curtis Publish
ing Co. magazines for January in
creased about 7 per cent over year
ago, Walter D. Fuller, president,
said today in an interview.
The gain is noteworthy, he said.
because this period of year usually
marks a curtailment of advertising
expenditures.
1--WE have concluded there will be
real opportunities for aggressive
business in this year and the Curtis
Publishing Co. expects to get its
fair share" Mr.. Fuller observed.
He estimated that net circula-
ton increases for January for all
Curtis publications would total
nearly 1,0OO00 copies more than in
January, 1899.
Evening star., 1940-01-16
B. & O. Loodings Gain
Sharply During Week

Special Dispatcr The Star
BALTIMORE, Jan. 16.-Carload-
ings on the Baltimore & Ohio Rail-
road for the week ended January
13, 1910, were 1928, of which 81 ,266
cars were loaded on line and 16,967
received from connections.
This was an increase of 9,526 loads
over the corresponding week of last
year, when the total was 38,7O7,
comprising 25,002 cars loaded on
line and 1905 received from con-
nections.
During the previous week (the
week ended January g. the total
was 1880, consisting of 27,502 cars
loaded on line and 1873 received
from connections.
Evening star., 1940-01-16
Grain

By the Associated Press.
CHICAGO, Jan. 16-Pressure de-
veloped in the wheat market today
after an irregular start and quota
tions surrendered most of yester-
days advance, tumblerd IL. cents
a bushel at times.
Less apprehension regarding pos
sibility of invasion by Germany of
Europes lowland countries, more
optimistic news for the domestic
winter wheat belt and weakness at
Buenos Aires encouraged selling.
May contracts fell to 987s, off l5s.
and July to 96l5, off IA. The drop
in wheat carried other grains down
and soy beans gave up more than
cents at times
Wheat closed 7s-1as lower, May
99ls IS. July 967s-97; corn. ass
down, May So, July 581s; oats, l4-as
1Ouer
Evening star., 1940-01-16
Stock to Be Redeemed
By Johns MunviIIe
BY the Associated Press.

BY the Associated Press.
NEW YORK, Jan. 16-The Johns
Manville Corp. Board of Directors
voted yesterday to redeem 10 per
cent of the cumulative per cent
preferred stock.
Lewis H. Brown, president, an
nounced the board action would re-
duce the number of shares of out
standing preferred stock from u.s.
600 to 67,500, with April l the date
for redemption of $500 shares at
$120 share plus an amount equal
to all dividends accumulated and
unpaid by redemption date. Ger
tificates for redemption will be
selected by lot March 4.
Evening star., 1940-01-16

and assistant treasurer; A. j.
Byrne, secretary and assistant
treasurer; F.. w. Stoever, real estate
officer, and R. D. Watkins, assistant
treasurer
Prior to the election of officers,
the stockholders held their annual
meeting and reelected these direc-
tors for the coming year: Thomas
w. Dewart, William T. Dewart, Will
liam T. Dewart, jr; Walter G.
Distler, Gilbert T. Hodges, Arthur
G. Lambert, P. j. Mcmahon, Louis
B. Montfort, A. Harding Paul, c. H.
Pope. c. D. Ratcliffe, Alfred P.
Thom, jr.: Arthur L. Thompson
and r. H. Yeatman.
Akers Elected to Bank Board.
Stockholders of the American
Security g. Trust Co., at their an
nual meeting today, elected Floyd
D. Akers. president of the Capitol
Cadillac Co., member of the board
tSee BANKERS, Page A-17.)
Evening star., 1940-01-16
Approval Is Asked
For New Haven Issue
Ev the Associated Press

By the Associated Press.
Trustees of the New York. New
Haven e. Hartford Railroad Co.
applied to the Interstate Commerce
Commission today for authority to
issue $3.50, 900 of 21a per cent equip
ment trust certificates to aid in
financing the purchase of 81, 1,200, 900
of new equipment.
The application said the railroad
expected to acquire 10 Diesel electric
switch engines, $50 coal cars and IS
caboose cars.
Evening star., 1940-01-16
New York Cotton

By the Associated Press.
NEW YORK, Jan. 16.-Cotton fu-
lures sold down as much as rs cents
a bale today on heavy foreign SELL
ing for Bombay accounts following
sharp declines abroad.
Liquidation in March and Janu-
ary was also quite active, while
hedge selling was light. Fifteen
January notices were stopped by q
leading spot house.
Best support came from the trade,
locals and New Orleans. Around
midafternoon the list was down II
to IA points, January (old), 1898:
March (oldD, 1897; December 9.66.
Evening star., 1940-01-16
&c. C.&O.Choirmon
Will Retire
| April IS
BY the Associated Press.

BY The Associated Press.
CLEVELAND, Jan. 16.-Chesa-
peake & Ohio Railway announced
today the retirement of Herbert
Fitzpatrick as chairman of it's board
of directors and as vice president.
A spokesman said the retirement,
effective April Is, was requested BY
Fitzpatrick.
Fitzpatrick. ST, has been in the
service of the company As years.
He remains a director.
Evening star., 1940-01-16

GlUu ulccClllS VI
the directors to-
day.
All other Off
GERS were re-
elected. includ-
ing William T.
Dewart, chair
man of h e
b oar d; C. D.
Ratclife, vi ce
president a n d
treasurer; R. H.
Yeatman, g e n
eral counsel and
trust officer; P.
J. McM a h on,
vice president
Evening star., 1940-01-16
LoeW's Earns
so to IS Gents
A Share
By the Associated Press.

BY the Associated Press.
NEW YORK, Jan. 16.-Loew's,
Inc, will probably earn between so
and rs cents a share in the Novem-
ber quarter, j. R. Rubin. chairman,
told stockholders at the annual
meeting today.
Rubin added, however, that an
accurate estimate was impossible
due to difficulty of obtaining the
results of overseas operations.
Domestic business" Rubin con-
tinued, "is running equal to year
ago and may run better when Gone
With the Wind gets into its stride.
Evening star., 1940-01-16

erS' Association,
was announced
by President Ord
P r e S ton la S t
night at the mid
winter meeting
of the associa
tion at the Ra-
leigh Hotel.
Mr.. Ofutt, who
has been active
in the banking
district for many
years, has served
on other impor-
tant association
committees, &C
Evening star., 1940-01-16
AS Tons of Lead Sold

NEW YORK, Jan. 16 R).-St.
Joseph Lead Co. reported 325 tons of
Southeast Missouri pig lead sold
yesterday at $535 per 100 pounds,
East st. Louis, and 100 tons at the
New York average.
Evening star., 1940-01-16
National Investors
Reports Asset Gain :
By the Associated Press

BY tne ASSOClateu PfeSS.
NEW YORK, Jan. 16.-National
Investors Corp, reported asset value
as of December 81 was equal to $6.05
per share compared with $5.8l at
the end of September. At the close
of 1888 assets were equal to $6.19
a share.
Evening star., 1940-01-16

committees, ac-
A, Scott offutt. cepted the ap-
pointment and promised the bankers
another interesting conclave, which
is set for Hot Springs, Va, in June
Fulton Lewis, jr., was the guest
speaker, his subject being National
Economic Conditions" Preston Del
ano, controller of the currency, was
a special guest.
Barnum L. Cotton real estate Of
ficer of the National Savings & Trust
Co., reported as chairman of the
associations Committee on Trade
Relations, his summary indicating
that business conditions in the Cap
ital are highly favorable at present.
H. Norman Glasco, assistant audi
tor of the Union Trust Co., made
report as chairman of the auditors
section of the association, showing
the important work now being done
and its general value to the banks.
In his address Fulton Lewis ex-
pressed the belief that President
Roosevelt will not seek a third term,
as he is obviously getting his things
together to retire to Hyde Park,
collecting all sorts of mementos, car
toons and caricatures to take with
him. The speaker summarized the
changes which he thinks the next
administration should make to i'm
prove the country's economic status.
Bankers Seek Tax Reductions.
The association went on record as
strongly in favor of reductions in
taxes, unanimously adopting the fol-
lowing resolutions:
Whereas it has been reported in
the public press that it is proposed
to increase the benefits under the
unemployment insurance both in the
amount and the duration of the pay
ments; and
Whereas it is in the public in
terest to effect reductions in taxes
rather than to increase the burden
upon business and the taxpayer:
Now therefore be it
Resolved, That the District of
Columbia Bankers Association pro-
test any such proposed legislation
and also protest the very small pro-
posed reduction in the tax rate from
3 per cent to 81 per cent, especially
in view of the fact that the reserve
fund has now mounted to upward
of $16,000,00O, and is still increasing
at a very rapid rate: And be it
Further resolved, That the Com
missioners of the District of Colum-
bia and the Congress be respect
fully petitioned to bring about legis-
lation looking toward
Il. Fixing the limit of the unem-
ployment insurance reserve fund at
not to exceed $10,0OO,OO0;
%. Permitting variable tax rate
to be fixed by the Commissioners of
the District of Columbia, not to ex-
ceed 81 per cent, the rate to be
made with the objective of meeting
current needs and replenishment of
the reserve fund when it falls be-
low S10,0OO,OOO, and
"3. In order to comply with the
policy laid down by the Congress in
recent amendments to the Federal
act and to derive the benefits there
from, the assessment upon any one
salary or wage shall not be made
upon any amount paid to any one
person in excess of $4,000 in any one
year"
Albert S. Galley, who is serving his
18th year as treasurer of the asso-
citation, reported the usual substan-
tlal balance on hand. The program
was arranged by T. Stanley Holland,
second vice president.
Munsey Trust Names Officers.
c. H. Pope who has been con-
nected with the Munsey Trust Co.
for more than Is years. was re-
elected president at the organiza-
fion rneetjnc of
Evening star., 1940-01-16
District Bankers
Name 0ffutt Chief
OF 194OConcIave
Fulton Lewis Talks
To 225 Finunciers
On National Affairs
BY EDWARD C. STONE

Appointment of A. Scott Offutt,
one Of the vice presidents of the City
Bank, as general chairman of the
1910 convention of the District Bank
Evening star., 1940-01-16


bankruptcy being
Bankruptcy securities
dividend in the oregong table dis
Unless special dividends
included
Dividend. Ex rights Also extra
Accumulated dividends Declared paid
far this Paid h
stock Accumulated declared year
Evening star., 1940-01-16
CottOnseed Oil.

Bleachable cottonseed oil futures trade
was at virtual standstill today. Prices
were down to points on turnover Of
four contracts up to midday. May sold
at 7:06. off l, and July, 7.14, down 4.
Pending further developments abroad.
traders on both sides marked time Crude
oil was quoted in the Southeast and val.
ley at 8 cents bid. q asked. Texas was
quoted 5h cents nominal.
Evening star., 1940-01-16
Freight Loudinqs

NEW YORK. Jan. 16 R.-Vevenue
freight carloadings on railroads r, porting
today. for the week ended January 13 in
cluded
Evening star., 1940-01-16
NIHnIptK PfICeS.
WINNIPEG, Jan. 16 LPj.-Grain range
Baltimore Ouotati,

Baltimore Quotations
BALTIMORE, Jan. 10 tP.-Wheat No.
red winter, earlicky, spot, domestic,
1.11h.
Evening star., 1940-01-16

Cottonseed oil Opened Steady: Januarx
6.35b: March, 6.41b; May, &. 5ob: inIy
664b. Bid. "aS'
Evening star., 1940-01-16
New York Bur Silver

NEW YORK, Jan. Is R.-Bar ,,,.
yer, 344, unchanged. '
Evening star., 1940-01-16

Chicago Cash Market.
Cash wheat, No . mixed, l 90: No. red
durum. 97.. Corn, No. l yellow. 59-59la;
No :, 59l4-a4; No. 3, $685., Oats. No
: mixed nj Cd, 4al.; No white. 43-43la: No.
Rrsde white. --4Ola. Soy beans. No. ,
yellow, 10; No 3. .14ia. Barley. malt
Timothy seed, 4.65-9O nominal Sweet
clover, 4,50-5.25 nominal Red clover.
12.50-1 500 nominal Red top. $500 90
nominal. Alsike. 15.00-1S.0O nominal.
Alfalfa, 11.50-22. so nominal.
Evening star., 1940-01-16
New Orleans Prices.

NEW ORLEANS. Jan. / 9 QP.-Weakness
in foreisn markets depressed cotton fn-
lures here today and at noon prices wers
to / points net lower Ae
Evening star., 1940-01-16
New York Bonk Stocks

NEW YORK Jan. 16-National Asso-
citation Securities Dealers Inc:
Quotations as of 2 o'clock)
Evening star., 1940-01-16

(See BANKERS, Page A-17D
Henderson daily dispatch., 1940-08-06
E. M. EDWARDS WINS
N. Y. INSURANCE TRIP
With Home Security Company OF
Durham on Free Visit TO New
York and World Fair

l.. NJ. Edwards, one OF the out
standing insurance men Of the section
for his company. is to leave with a
special parIy from Durham tonight
as guest of the Home Security Life
Insurance Company Of that city on Il
four-day free trip To New York and
the Worlds Fan He won the trip
for his accomplishments in writing
new h,$ineSS and continuing old &C
counts.
1t is sort Of annual convention
for the company. Some $50 t. lis
officials and agents OF the company
are making the trip, according 10 an
nounCCmcnt. The party travels On an
ciGnt-car special train made up eN-
cluSivclv Of modern. aforementioned
Pu!lman>, club and lounge cars. Tn"
train leaves Durham tonight at I
o'clock. arriving in New York to-
morrow morning.
The Hotel Governor Clinton will
be New York headquarters for the
party. They will be there three days
and nights. While most of the time
WI be devoted to pleasure and sight
seeing. banquet will be given Fri
day evening, at which time reports OF
home Office officials and special rec
IGNITION for outstanding records will
be made. The party will leave New
York Friday night, arriving back in
Durham Saturday morning.
Henderson daily dispatch., 1940-08-06
Surplus Food Furnished
To 300 In Month OF July
II Families Given
Clothing; Emergen-
CIV County Aid $223
and disqualification
S325 in July, We'll
fare Head Reports.

c,,r,Irs commoditir. rom govern
,,,rTt ,,nr,rcS were furnished to 800
,,rrsnns - Var.c county during July.
ks. C'rr.1 Mae Ellis. welfare >uncr-
intendeui told the Vance Board OF
Cn,m,y Commissioners III her month";
\. rcn,,., Submitted t. the board
t1,rT.v afternoon. Relief eNpendi-
,,,r,, were slightly off for the month.
Henderson daily dispatch., 1940-08-06
CAN YOU ANSWER
THESE QUESTIONS?
See Page -Four

|. The TuiIwaggcrs Association is
a group devoted to the welfare OF
whom or what:
>. Is Port VINE fortified?
3. Have L. <. dcStruycrS ever been
named Tor CjyilianS?
t. What is the national anthem OF
Great Britain:
). Who wrote All This and
Heaven Too"
s. What does the motto Of WcSt
Virginia. Montani Scmpcr Libcri
mean?
:. Which President OF the Unitcc
States was prominent i'll American
rcljct work in Belgium during tho
World War:
9. Which sort Of tree grows from
an acorn?
9. The head Of the new French
Government is Marshal Pctaln
Pierre Laval. or Albert Lcbrun?
10. With what prison arc lcttrcS Gle
cachct associated?
Henderson daily dispatch., 1940-08-06
Hull Credited With Mastery
Work At Havana Conference

maybe the Argentine home govern
mcnts approval isn't so much Of d
certainty. Still, we can't, with very
good grace, complain Of that quail
fication on the Argentine delegates
part.
The Argentincs, by the way, point
cd to the necessity for legislative
confirmation of their act, to make il
valid, as a proof of the democratic
character Of their nations regime.
Several Latn-Amcrican countries,
they remarked, are 50 dictatorially
boSscd that their presidents repre-
scntatives can conclude any kind Of
an international bargain they please,
regardless Of their various congress-
views on the subject. They say that
the Argentine, like the United States.
is too democratic for that.
Henderson daily dispatch., 1940-08-06
State Labor Federation
To Meet Aug. 12-14
Continued From Page Onel

be devoted to the usual preliminarieS
OF organization. such g., registration
Of delegates, addresses Of welcome
and response, etc AT that time, too,
will be heard all three members OF
the Durham legislative delegation.
Monday afternoon Governor Hoey
will deliver the prinrlnal address.
and distinguished visitors and rep
resentativeS of the American Fedora
ton Of Labor will be presented.
Tuesday mOrnin" -" ""no'-' ''""S
on laws and on organization will re-
port and J. NJ. Broughton, Demo-
cratic nominee for governor will
speak Tuesday afternoon the con-
ivention will hear Lieutenant Gov
ernor Horton and receive report
from the legislative committee. Out
standing item on the afternoon pro-
gram Will be an address by George
! L. Googe, southern representative
of the American Federation Of Labor.
! Tuesday night there will be BAN
Uuet and dance at the Washington
Duke hotel. Brief sessions WcdncS-
day will conclude the convention
with election of officers and selec-
ton of the next meeting place.
Henderson daily dispatch., 1940-08-06
Leaf Sales
Are To Begin
In Georgia

Flue-curCd tobacco sales VIII starr
for the current season ON IhIWSoH!
OF tins week with tie opening OF inc
markets in the SCuih Georgia betl
and growers ana business people
alike are mtcnScly Interested mere
and throughout tie TOBACCO section
OF North Car0lma III prIcr average
that VIII be noicAtru ny inc lili''''
sales.
Sales begin following inc over
WhrimInE Nolr "l il'''-tu'tu S'""