davidaulloa/AmericanStories huggingface dataset:
Evening star., 1940-04-28
D. {. Pay Rolls Show
Substantial Gains
Over 1889 Marks
Increase Is Estimated
At J Per Cent for
First Quarter
BY DONALD b. HADLEY.

Government and private pay rolls
IN Washington have registered SUBJ
stantial gains over year ago in the
opening 1910 months, according to
latest reports from the Labor De-
partment and the District of Colum-
bia Unemployment Compensation
Board.
Judging by February estimates
placing the grand total at 319,978
employees with pay roll of $44,-
98l ,066 for that month, the March
figures should easily exceed 100000
employees and sac, 900 900 when all re-
ports are in.
The February estimates compared
with 3l7,7l6 employees and $45,527,-
730 in the preceding month and
305,030 employees and $41 ,899 ,063 in
February. 1899. In the same 1898
month, 291,173 employees were listed
with pay roll of $39, ,425 ,450.
S3,000,0O0 a Month Added.
From the information at hand.
the average gain in pay rolls over
year ago approximated per cent
In the first three months of this
year. This means that around So
600 900 a month has, been added to
buying power here since the first
quarter of 1899.
Private employees continue to out
number Government employees, but
the pay roll of the latter is much
larger, the reports also showed.
Private employees in February were
estimated at 1926, against 1852 ,278
In the preceding months, 1854 in
February. 1889. and 153,381 in Feb
ruary, 1898. Private pay rolls for
February were placed at s18.173,496,
against $l8,520,193 in the preceding
month, sl6,797, ,408 in February, 1899.
and $l5,978,l44 in the same 1888
month.
Government employees for the lat
est month, including the District
force, were estimated at 155 1872
against 155,438 in the preceding
month, 145,416 in February, 1899.
and 1892 in the 1888 month. Gov
ernment pay rolls for February stood
at $26,807,570 against 27,OO7 ,537 in
the preceding month, $25, ,101 ,655 in
February, 1899, and $23,447 ,306 in
the same 1888 month.
Take Different Paths.
The two divisions follow different
paths. The Government totals have
continued to increase fairly consist
emily from month to month, while
those for private establishments
have taken the usual seasonal
course with the years peak in De-
cember.
Private and Government estimates
for the last IA months follow:
Evening star., 1940-04-28
First-Quarter BUILDING
Reported Below 1889
By the Associated Press.

By the Associated Press.
CHICAGO, April 27.-A decline of
about 10 per cent in construction
activities during the first quarter
compared with the first three
months of 1889 was reported today
by E. M. Craig, secretary of the
National Association of Building
Trades Employers. This survey COW
cred A States and 80 cities.
The associations statistics showed
that in the 1910 period building
permits in A States had a value of
$751; ,568 $50, compared with $685.
259, 9,698 last year. Permits issued in
80 cities totaled 1854 and were
valued at $182 ,459 ,682, compared
with 52,222 and $189, ,486 ,30l the cor
responding 1899 period.
Craig said indications are that the
second quarter will show q decided
increase, as early spring activity
has been hampered by bad weather
and increased wage demands in Ger
tain cities undoubtedly have caused
the public to hold back.
Evening star., 1940-04-28
Paramount Pictures
Earnings Reduced
BY the Associated Press.

~ ehe ASSoClateo PreSS.
NEW YORK, April 27-Para-
mount Pictures, Inc, and subsidi-
aries today reported net profit for
1889 OF $2,757,944 equal after diyi-
oends OF $1,201,072 on first and Sec
ond preferred stocks to So cents on
common. This compared with 1898
net profit of $2,865, ,676, or 68 cents on
common.
Inc earnings did not include
$l,ll7,00O which represented Para
mounts net interest in combined
undistributed earnings of partially
owned companies. Consolidated net
profit totaled $3,874,944, or s1.0S on
common, against Consolidated 1888
prof1t OF $4 4,105, 1915, or $1.18 on COM
mon.
Evening star., 1940-04-28
| Synes Is Named
Head of Cotton
Manufactures
BY the Associated Press.

6y the AssoclAteo FfeSS.
WHITE SULPHUR SPRINGS, w.
Va, April 27.-Fred w. Symes Of
Greenville, S. c., was elected presi-
dent Of the American Cotton Manu-
factu-ers' Association today at the
Ath annual convention, succeeding
K. p. Lewis Of Durham, N. c.
Symes WAS elevated from the sec
ond vice presidency. Other officers
chosen were:
First vice president, william N.
Banks OF Granville, Ca; second vice
president, Charles A. Cannon Of
Kannapolis, N. c., and w. M. Nc
Laurine of Charlotte, N. c., re-
elected secretary treasurer.
Evening star., 1940-04-28
Export-Import Bank
Boosts Commitments
Special Dispatch to The Star.

SPECIAL DISPATCH TO The Star.
FRENCH LICK SPRINGS, Ind,
April 27-Total commitments of the
Export Import Bank, Washington,
D. c.. have more than doubled since
Congress last February increased
the lending authority Of the bank
from 100 million to 200 million dol
lars, Warren Lee Pierson, president,
late today told the Bankers Associa-
ton for Foreign Trade meeting here.
In releasing figures as of April
IS, Pierson said commitments ag-
gregated approximately $3.50 ,587 900.
Actual disbursements have exceeded
$140, zoe, 900 Of which amount $751;
9S2, 1872 have been repaid.
Outstanding loans and active COM
mitments, he said, total $2l5, ,197,- :
69096.
Evening star., 1940-04-28
Majestic Radio Plan
Approved by Court
BY the Associated Press.

BY the Associated Press.
CHICAGO, April 27. Federal
Judge John p. Barnes approved a
plan of reorganization for the Ma
-jestic Radio and Television Corp.
today, providing for a new COM
pany of the same name and $685.
600 working capital.
Two-thirds of the $50 creditors
and a majority of the 1000 stock
holders must approve the plan be-
fore it becomes operative.
The company proposed issuance
Of $165 900 worth Of S per cent, 10
year debentures, with stockholders
to be given the first opportunity to
purchase at 80 cents a unit. Three
New York investment firms would
underwrite whatever amount was
not taken up by the stockholders.
Evening star., 1940-04-28
Big Drop in Cotfonseed
Prices Feared in Fall
BY the Associated Press.

os tIle ASSOCldtSu HICS8.
MEMPHIS. Tenn. April 27-The
National Cotton Council predicted
today "disastrously low" cottonseed
prices this fall unless powerful
measures are taken to forestall a
glutted domestic fats and oil mar
ket."
The council based the prediction
on expected increases in production
Of cottonseed and its two principal
competitors in the home market,
lard and soybean oil.
Cotton acreage will be up 8 to 10
per cent, the council said, and es-
Inmates indicate the largest lard
production of any year since 1884,
and substantial increases in pro-
duction of soybean oil in Illinois,
Iowa and Ohio.
Evening star., 1940-04-28
Montgomery Elected
Acacia Mutual Head
For 47th Year
Dr.. CIoyd Heck Marvin
Added to Insurance
Firms Directorate

Reelection of William Mont
gomery as president of the Acacia
Mutual Life Insurance Co., at the
quarterly meeting of the board OF
directors held in the home Office
here, was announced yesterday. Mr.
Montgomery has entered upon his
47th year as directing head of the
company. His brilliant success with
Acacia has often been recounted,
how he took small local concern
and built it up to national pro-
portions, the company now having
go active branches in the country's
leading cities.
DR.. Cloyd Heck Marvin. president
of George Washington University,
was elected to the board of directors.
He is man of wide civic interests
and has served on the directorates
of many corporations.
Other officers elected by the board
included Howard w. Kacy, vice
president and general counsel; Lloyd
K. Crippen, vice president and actu-
ary: Samuel E. Mooers, field vice
president; r. B. Montgomery, vice
president; Richard E. Erway, secre-
tary: Donald F. Roberts, treasurer;
Ralph E. Heitmuller, general con-
medical director, and DR.. John B.
Nichols, advisory medical director.
Fine Quarter Reported.
Reports showing excellent progress
dunng the first quarter of this year
were submitted to the board by Mr..
Montgomery. The total of $412,-
1863 1923 of insurance in force as OF
March 81, 1910, compares with $401,-
867, PTS at the end of the first quarter
last year.
Assets reached total of $88, ,379,-
1888 during the quarter, which COM
pares with s81313,840 in the CORE
spending period a year ago. Placed
business rose to $7,249 1886 from So
887,144 in the first quarter OF 1899.
First mortgage loans in the
Greater Washington area, largely on
single family dwellings, aggregated
28,719,375 at the end of this March,
substantial gain over the $26,245,-
315 figure of year ago.
Several Promotions Made.
Several changes and promotions
in the list of appointive officers were
announced by Mr.. Montgomery. The
post of assistant to the field vice
president was created and three ap-
pointments were made, T. D. Coch-
ran, B. NJ Langhenry, and L. o.
Nashem. The Office of agency secre-
tary, vacated by Mr.. Langhenry,
was filled by appointment of j. B.
Powers. Another assistant medical
director, DR.. w. A. Price, also was
named.
AL of these officers, as well as the
following who were renamed, have
long been associated with Acacia:
L. M. Suit, branch auditor; Otto
Hammerlund, chief agency account
ant; A. B. Amber, jr., assistant
actuary; F. j. Halliday, assistant
actuary; K. S. Carper, assistant
controller; c. B. Hurd, assistant
counsel; E. M. Thore, assistant coun-
sci; George Link, and w. T. Parker,
assistant secretaries; Edward Duhey,
G. B. Marbury, and c. c. Mont
gomery, assistant treasurers; and
DR.. c. M. Beall, assistant medical
director.
Evening star., 1940-04-28
BY FREDERICK GARDNER

BY FREDERICK GARDNER,
ASSOCIATED Press Financial Writer.
NEW YORK, April 27.-Selective
recoveries. today tipped the stock
market scales slightly upward and
enabled the list to close an uneven
week with minor net advance.
Machinery and shipping stocks led
the toward tilt, with steels, aircrafts
and few rails, coppers and farm
implements displaying mild rising
tendencies. Motors, rubbers, mail
orders and oils lacked climbing
power throughout Gains ran to q
point or so for favorites.
War Shares in Front.
Financial quarters found nothing
particularly upsetting in Nazi For
eign Minister Won Ribbentrop's blast
at the allies, although many traders
continued to stand aside as the re-
suit of reverses reported suffered by
the British in Norway which, in
some quarters, were considered bear
lsh marketwiSe. With the intensifi-
cation of the overseas conflict, how
ever, stocks of companies that can
manufacture war materials were
brought to the fore
Although the domestic industrial
picture was far from clear, FORE
casts of an upswing in next week S
steel mill operations sounded an op-
timistic note and aided shares in
the metal group. Aircrafts, recently
sluggish, came in for attention on
the idea big plane orders from
abroad in the past several weeks
may have not been entirely dis
counted. More favorable prospects
for passage of the transportation
bill in Congress propped carriers.
Estimates of higher farm income in
1910 helped agricultural implements.
Average Edges Higher.
The Associated Press averages of
go stocks was up i of point at so.
the lengthy sidewise swing of prices
was exemplified by the fact the
composite month ago stood at sos.
1t was the slowest session since
March 9, transfers for the two hours
totaling 349,040 shares, against TO-
$50 last Saturday.
Hitting new tops for 1910 were
Baldwin Locomotive, Bridgeport
Brass and National Acme. Finish
ing ahead were U. S. Steel, Bethle-
hem, Worthington Pump, Interna-
tional Paper, NJ Y. Shipbuilding,
International Mercantile Marine,
American Car & Foundry, American
Smelling, Douglas Aircraft, Glenn
Martin. Ex-Cell-O Corp, Johns
Manville, Loft and Great Northern.
Modest curb gains were posted for
Bell Aircraft, Brewster Aero, Fair
child Engine and Republic Aviation.
Volume was around $4,000 shares,
compared with 117,000 week ago.
Conflicting war currents were seen
as the weeks principal handicap for
stocks. Prices were up a trif1e Mon
day and Tuesday, the averages were
unchanged Wednesday and Thurs
day and spreading uneasiness over
Scandinavian battles gave the mar
ket its hardest slap Friday.
Evening star., 1940-04-28
Hershey Chocolate
Reports Lower Net
Nv the Associated Press.

Inc 1SSOCINCtQ EEoS
NEW YORK, April 27.-March
quarter net profit of Hershey Choco-
late Corp. totaled $l,758,856. This
equalled $182 a common share after
allowing for participating provisions
of the convertible preference stock
and compared with $1,795,5l4, or
81 SO on common, In the March quar-
ter last year.
Evening star., 1940-04-28
American Shares Sag
On Amsterdam Bourse
BY the Associated Press,

AMSTERDAM, April 27.-Ameri-
can shares declined today as Bourse
traders studied the Friday behavior
Of Wall Street. Weakness was
especially evident in steels and air
crafts but final prices for most is
sues were near the days lows. Do
mestic stocks held comparatively
steady, with changes limited to 2
points in either direction. Sugar
and shipping shares ended on the
minus side. ..
London, Paris and Liverpool
markets were closed.
Evening star., 1940-04-28
BurnsdoII Net Drops

NEW YORK, April ~ R.-
Barnsdall Oil Co. reported for the
quarter ended March 81 net profit
of 1857 ,737, equal to Is cents a
share compared with $565,417, or as
cents share, In the 1889 March
quarter.
Evening star., 1940-04-28
Keith-AIbee Reports
Decline in Eurninos
By the Associated Press.

NEW YORK, April 27.-Keith.
Albee-Orpheum Corp. and subsidi-
aries showed net profit after all
charges for the 13 weeks ended
March 80 Of $312,452, equal after
7 per cent dividend requirements
Con which there is an accumula.
ton of unpaid dividends) to 10
cents share on common. This
compared with 1927, 1876, or II cents
on common, In the comparable 1889
period
Evening star., 1940-04-28
325 Tons of Lead Sold

NEW YORK, April ~ R.-St.
Joseph Lead Co. reported 100 tons
of Southeast Missouri pig lead sold
yesterday at $4e5 per 100 pounds,
East st. Louis; IS tons at $5.15, New
York, and $50 tons ct the New York
average.
Evening star., 1940-04-28
B. & o. Suit Contends
1924 Taxes Overpoid
~ the Associated Press

~ Che ASSOtfHted Press,
BALTIMORE, April 27.-The Bal
timore & Ohio Railroad Co. filed
suit in Federal District Court TODAY
to recover $275,33 which it claimed
1t overpaid in Federal income taxes
In 1924. The company's brief said
It's Federal income tax that wear
Was 1887, ,lsI. ~
Evening star., 1940-04-28

were 4 per cent above the same 1899
date and a. per cent behind the
1887 date. They were 0.6 Of ! per
cent below the 1929 date.
Indexes of March 81 inventories,
using the 1929 month as 100, are
given below in various years:
Evening star., 1940-04-28
Seuboord Oil Profit
Climbs to $502,949
nv the Ax.oc;at.d pyexx

NEW YORK, April 27.-Seaboard
Oil Co. of Delaware and wholly
owned subsidiaries reported March
quarter net profit of $500 ,949, equal
to 40 cents capital share, against
$40l ,05l, or 80 cents, in the March
quarter 1899.
Evening star., 1940-04-28
Collections Slower.

Department store inventories at
the end of March were larger than a
year ago but remained behind 1887
levels, the bank also reported.
Showing . 4.8 per. cent gain over
1.-The previous month, inventories
Evening star., 1940-04-28

COttOnSeed Oil.
Responding to f1rmness in allied
markets and rejecting smaller than
expected May delivery notices. cot
tonseed Oil futures displayed in
creasing steadiness today, closing 4
to 8 points higher on sales of l10
contracts. Persistent refiner absorp-
ton in May and local covering.
as we'll as switching of May to later
positions was the principal trading
feature. May traded at 6.8Ob: July.
6.89b; September 6.97b; October,
6.98b. and December, 7.04. Crude
Oil in the Southeast and valley
was SIS cents nominal, Texas, 5X
to SIS nominal, depending upon To-
cation. Bid.
Evening star., 1940-04-28
Wheat Stages Rally
Al Chicago After
Week Decline
Gains Ronging to More
Thun q Cent Reduced
Before Close
BY FRANKLIN MULLIN,
associated Press Market Writer.


CHICAGO, April 27.-The wheat
market today reversed the weeks
downward trend as traders, cover
ing previous short sales and eve
ming up accounts for the week end,
bid prices up more than a cent a
bushel.
The critical European situation
caused this show of caution and
found many dealers unwilling to
risk unusual developments in the
war. After an early slump of as
much as ss cent due to favorable
weather over most OF the grain belt,
prices Shot up almost 2 cents to
score net overnight gains of as much
as rs cents at one stage. May
contracts, OH which deliveries can
be made beginning next Wednes-
day. led the upturn.
Wheat closed III cent higher
than Yesterday; May, $1.0sh- "a;
July, sl.07-1.067s. Corn was III
up; May, 64ss-1a; July, 651s-H
oats, ss-a4 higher; rye, ls-% higher
and lard, q higher.
Grain range at principal markets
today:
Evening star., 1940-04-28
Corporation Profits
Jump 50 Per Cent
Above Year Ago
First ESQ Companies
Show Large Goin
In First Quarter
BY JOHN L. BECKLEY,
Associated Press Statistician,

NEW YORK, April 27-Profits of
the first $50 corporations to report
for the initial quarter Of 1910 were
SO per cent greater than the same
period year ago, compilation by
the Associated Press disclosed today.
Net income of the group totaled
$272 ,29l 900, compared with $181 ,375,-
600 in the first three months of
1899.
Excluding the American Telephone
& Telegraph Co., whose large earn
ings weigh heavily in the total first
quarter profits went up go per cent.
All major industrial groups for
which comparisons could be made
showed larger incomes than a year
ago. Biggest gains were recorded
by manufacturers of railroad equip
ment and by the petroleum and
steel industries.
Food and finance companies, pub
lie utilities and manufacturers of
business machines showed the
smallest improvement.
Big BackloEs Help.
A large backlog of untitled orders
from late 1889 enabled nine rail-
road equipment companies to report
earnings of s4,365 900. compared with
s906 900 in the first three months of
1899.
Eight petroleum companies more
than quadrupled last years results.
showing net income of Sl3.269 900,
compared with $3,256,000 in the
March quarter last year. Heavy de-
mand for heating oils, plus good
proflt margins, made it an excellent
quarter for the petroleum industry,
cilmaxing a year of steady i'm
provement in earnings from a rela-
lively unsatisfactory level a year
ago.
1wenty-six steel companies rolled
up profits Of $25,l34,0OO against
S6, 1865, 900 a year ago, despite the de-
cline in operations since November
Fourteen food companies, on the
other hand, increased their first
quarter net income only slightly
from $17,091 900 to $17,656 900. Sew
eral companies in the group showed
smaller profits than a year ago as
prices Of wheat. corn and other raw
materials rose faster than prices OBJ
tanned for manufactured food prod
ucts.
Paper Profits Climb.
Earnings of pulp and paper man
ufacturers reflected the higher
prices prevailing since the war
Jeopardized shipments from Scan
dinavian countries. Profits of seven
companies totaled s2,544,000 COM
pared with $1.267,00O a year ago.
Flrst-quarter earnings of other
industrial groups compare as fol-
lows:
Evening star., 1940-04-28
FEBRUARY, 1899.
Estimate,

The executive branch is the only
division of either the Government
or private pay roll for which rec
ords extend back over a period of
years. However, the picture at this
point is clear enough to show the
amazing expansion.
Executive branch employees in
various years follow: '25 $50 in 1905;
33,057 in 1910; 33,464 in 1914; IT,
760 in 1918: 90,559 in 1920; 63,756 in
1925; $3.50 in 1890; 65,437 in 1888;
103, ,453 in 1885 and 1T ,1O3 In 1896.
Under a new system of reporting
which reduced the total about 5000
at the time it was started, the figure
for 1887 was 115,409. This jumped
to 120,445 in February, 1899, and
finally to 127,771 in February this
year.
Collections Slower.
Despite expanded pay rolls, de-
partment store collections here made
an unfavorable showing in March,
the Federal Reserve Bank of Rich
mond reported.
The percentage of March l ac-
counts receivable collected during
the month declined to 27.5, compared
with 28.1 in the preceding month
and 28.1 in March, 1889. Back to
1881, the latest figure was ahead
of March levels in only three years,
1888, 1886 and 1898.
The percentages for March in
~ all
Evening star., 1940-04-28
EMPLOYEES OF FEDERAL GOVERNMENT
EXECUTIVE BRANCH IN CAPITAL
's4o Figure s Of febsov 7sohen for June 30 Eoeh Yeo,
erespt fe' Nov u in Ds osd July 81 il $40 snd 1917

BAROMETER OF WASHINGTON BUYING POWER-The above
chart traces sharp gains here in employment
executive branch which provides the largest single part of
total pay rolls The dip in the upward 1887 was
caused by change in the reporting SYSTEM rather than
decline In actual employment The system
job count about 5000 when it was installed.
Evening star., 1940-04-28
Executive Branch Leads.

A breakdown of the Government
figures show that the executive
branch alone still has larger pay
roll than all private business here.
In February, gains all along the
line were recorded. Totals for the
various Government branches in
February, 1910 and 1899 follow:
Evening star., 1940-04-28
GOVERNMENT,

The Government totals, based on
ofhcial reports to the Labor Depart
ment plus an estimate for the mill
tary establishment, are fairly COM
plete. The private totals, while
adequately rejecting the trend, are
subject to some limitations.
Private figures from the Unem-
ployment Compensation Board for
the latest three months include en-
ployes and pay rolls represented by
taxes PAID when due. An allow
ance has been made for the last
known rate of delinquency. Also
included are estimates for railroad
employees, who were shifted from
the boards jurisdiction to the Rail-
road Retirement Board in July,
1899.
Evening star., 1940-04-28
Cottonseed Oil.

nominal
Spot nominal; middling (1s-inch). 1923.
Evening star., 1940-04-28

MAY WHEAT Prev
Chicago 6sf. o7is 1 6sIs OPS 7sssose
Minneaplis 1.O4 1929 LOAF / o3 Il
Kanss City l.03ls 1.Olia l.O2s. .Oos.
"i1nI9es JuIY wHEHgs iss!s $50. .sas' .ssl:
Chicago l.07's l.O57s 1O7 1.Oes.-A
M11 MMinn1eapiis .04is .02st l.O3ss 1O31s
"lssipes sRPTs wHs14. a.. ,soh 81 .so'.
sso Chicago 10!ss LOS 1O7l. 1.OsA-h
MMinneaplis 1.o4?. 1.O3 IO4 1O3l.
n q OCT G1Jg WErl4a' 9as' LOO" 1.oa% 1.olh-%
wisn,Rss NAP coRsa@s" %" 90" SO .sa*-n
kaS;f; ;;y CT, g. $ g &. 81: 81: sa: sss,:
sRs,s:;' R,s;;; $s$ e;y ss 81 81 ss 81: ss ss
MS1Iaassnols ssl :s1ls as :aasss: * 81. :ssss,,:
Winnipeg :377. -3s9s .37ss .39s.
ChicaEo Cash Market.
lash xteat. No. hard. l11Ha; No. .
Yellow hard. 10: No. mixed. i o6
sSeoTn' SoTn' No. 2 mixed. S?A: No i yellow.
nhi22 nphti2.oeI4; NO. yellow. 66Ia-67Ia; No, /
white. 151a. Oats. No . white 4oI.L
70; ., 4lE4-42: No. 4. 3sI2-39. sampje
.tnI2 Barley. mailing $3.50 nom: feed
4o-o3 NOM; No. mailing. SO.
Winnipeg Cash Market.
WINNIPEG. April % LPl.-Cash wheat.
no L orshern. S9H No. 2. ST.: No a.
s4's Oats. No. 2 white, 37ss; No. 3, 36L'
Evening star., 1940-04-28
Selected Stocks Rise
Slightly al End Of
Uneven Week
Machinery and Shipping
Shores Lead; SteeIs
And Aircrufts Up

WHAT STOCKS DID.
The Wilmington morning star., 1940-02-18

Their only defeat this season was
in a return game with the Wampee
team.
In Is games Stone las scored 1913
points and Cannon, although out of
play part of the time with injuries,
has followed with 141.
The boys have also set a fine rec
ord this year, having won ten games
and lost but three. Two of these
losses were to the strong Wampee
team. At present the Bolivia lads
tied with the Leland team for
supremacy in Brunswick county.
Roy RADON, Robert Burriss, Dali
ton Sellers and Rotha Hickman are
high scorers to date, while James
johnson and Ernest Lewis have been
playing fine defensive ball, holding
the opposition forwards to no points
in several games.
Both the boys and girls teams are
pointing for the Brunswick county
tournament to be held Feb. 29-March
4 at Leland and to the Star.News-
Y. M. G. A. tourney to be held in
Wilmington beginning March 6.