davidaulloa/AmericanStories huggingface dataset:
Evening star., 1941-12-26
Scattered Weakness
Checks Recoveries
On Stock Market
A. T. & T. Down More
Than Five Points
At Days Worst
Bv VICTOR EUBANK,
Associated Press Financial Writer.

NEW YORK. Dec % catered
weak stocks, including American
Telephone which Topped off more
than 5 points at the worst, put
brakes or rallying tendencies in
other sections of today's market.
Lacking much stimulation from
war or business news, and confront
ed with further stable blocks of tax
offerings, the list got off to an
irregular start. While a number of
favoriteS tackled on good advances,
declines of fractions to a point or
so were widespread at the close.
There were numerous slow inter-
walls but volume for the five hours
approximated 100000 shares.
The slide in Telephone, which put
this bellWether not far from its
bottom of 1888, was attributed to
persistent thoughts that cut in
the company's long-paid SO annual
dividend was distinct possibility in
view of climbing costs of operation,
taxes and the inability to lift rates
sufficient to bridge the gap.
Many customers, thinking of past
post-Christmas market perfor-
mances, decided to extend their holi-
day through the week and this,
brokers said, shortened buying am
munition to certain degree.
Rattle
particularly stimulating nor depress-
ing. Cheering were more reports of
Nazi reverses in Russia and Africa,
but, on the other hand there was a
tendency to speculative conservatism
pending reactions in the Far East
to the fall of Hong Kong and the
intensified japanese thrust in the
Philippines and Malaya.
Aside from Telephone, laggard
shares were Western Union. General
Motors, Montgomery Ward, Union
Pacific, American Can, Dow Chem
ical, Johns -Manville and Douglas
Aircraft
j. I. Case, Eastman Kodak and
Allied Chemical got up about 2
points each. Resistance also was ex-
hibited by United States Steel,
Bethlehem. Goodrich, Kennecott,
international Nickel Santa Fe.
Standard Oil of New Jersey. Philip
Morris, j. c. Penney and Owens
Illinois
Bond Market Eases.
Bond market quotations moved ir-
regularly lower toward the final hour,
continuation of tax selling ac-
counting for a good part of the
business.
Losses in the corporate division
were minor few ranging to around
a point or more. There were a few
scattered advances. in some less &C
tive issues reaching IL points.
Evening star., 1941-12-26
STOCK EXCHANG GE|

Sales
Stock and Add Net
Dividend Rate. 90 High Low Close Chge
Zenith Radio IL S7s SIS SA - "
Zonite .15g Is Is
Approximate Sales Today
IL 100 AM 250.00 1900 Noon $4,000
100 PM - 100000 200 PM 100000
Total 1900 l,410.000
tUnit OF trading, 10 shares. r In bank
ruptcy or receivership or being reorganlIsd
under Bankruptcy Act. or securities as
sumed by such companies. Rates of divi-
dends in the foregoing table are annual
disbursements based on the last quarterly
or semi-annual declaration. Unless other
wise noted. special or extra dividends are
not included. xd Ex dividend xr II
rights. a Also extra or extras Cash or
stock. Paid last year. Payable in stock
Declared or paid so far this year h Pay
able in Canadian funds. Accumulated
dividends paid or declared this year. De-
listing pending. Actual salel
Evening star., 1941-12-26
Gas Company Votes Dividends.

Gas Company Votes Dividends.
Directors OF the Washington Gas
Light Co. have declared the regu-
lar quarterly dividend of 3712 cents
per share on the common stock.
payable February 2 to stockholders
of record January Is, it was an
nounced today. The regular quar-
terly S11212 dividend on Washing
ton Gas preferred stock has also
beer declared, payable February 10
to stockholders of record January 81
Directors of the Chase National
Bank, New York, have declared the
semi dividend of 70 cents
per share, payable February l to
stock of record January 16, The
stock is quite widely held in Wash
lngton.
The Farmers Exchange Bank Of
Coeburn, Coeburn, Va, has been
admitted to membership in the Fed
eral Reserve System, Hugh Leach,
head of the Reserve Bank of Rich
mond, announced today.
Western Maryland Railroad earned
D6oI oll SoIlllllCll HloSh III tllC III oI
II months of 1941, against 81
cents a share in the like period a
year ago.
Heavy Orders for Goods.
At the end of November, WASH
ington department stores had 81 per
cent more goods on order than on
the same date year ago. the Re-
serve Bank of Richmond announced
today. The average for the fifth
district was SIS per cent.
November was a good month in
the Capital for collections. the re-
port showed, 80 per cent of the
bills due on November l being paid
The district average was 80 per
cent.
Stocks of goods on hand in WASH
ington department stores on Novem-
Der 80 were 81 per cent higher than
on the corresponding date year
ago. The amount of merchandise
in the fifth district averaged sc
per cent higher than year ago.
Washington Gas Stock Active.
Heavy trading in Washington Gas
Light common stock was again
recorded on the Washington Stock
Exchange today Seven 10O-share
sales and one for IS shares took
place, all at 1417, unchanged.
Real Estate Mortgage & Guaranty
preferred registered a 100-share sale
at IA, unchanged. A sale of only
four shares of Security Storage stock
appeared on the board at 70, around
recent levels.
Prince Georges Bank & Trust Co
stock sold to the extent Of 100 shares
at %, first transfer on the board
this year.
Evening star., 1941-12-26
Two Extra Dividends
Declared by Hershey
BY the Associated Press.

BY the Associated PreSS.
HERSHEY, Pa, Dec. 26.-Direc-
tors of the Hershey Chocolate Coro.
have ordered an extra dividend
of ST per snare on convertible pref
erence stock and rs cents per share
on common stock, in addition to the
regular quarterly dividend of 81 per
share, all payable February 16 to
stockholders Of record January a,
1871.
Evening star., 1941-12-26
Baltimore & Ohio Mel
Reveals S15,106,1 1888
Gain in Il Months
Earnings in November
SIoshed by Estimates
For Taxes and Wages
By EDWARD c. STONE.

Net income Of the Baltimore &
Ohio r. R. in the first II months
of this year, after providing in No
vember for an estimated increase
in wages and taxes, and after all
interest and other charges
amounted to S19,601.1 1888, compared
with only S4495 ,005 in the same pc
riods of 1910, an increase of $l5,-
106,183, it was announced today.
Wage and tax provisions in No.
vember made a severe reduction in
net earnings for the month. Net
income totaled S468 ,095, against
S22O7,307 in November of last year
decrease of $1,739212, the report
showed.
Operating revenues in November
were $20,046,979, an increase OF
1886, ,305 over November, 1940
Operating revenues for the first II
months of 194l totaled S208 ,349 1853
a huge increase of S44 4,674,711 over
the like 1910 period.
Freight revenues were up S3,6l2,-
349 in November and passenger in
come increased by S259,298. Oper-
ating expenses, however, were $3,-
457,795 more than last year.
In the II months freight revenues
reached s185, ,189, ,237, an increase of
S40,5040l1. At the same time pas
senger revenues gained S2,997 343.
Other income, except express,
showed gains. However, operating
expenses Jumped S24,839.2 .253 over
last year.
Lincoln Service Raises Pay.
Charles Delmar, president of the
Lincoln Service Corp. industrial
bankers in the Woodward Building,
announced today that the Board
of per cent of yearly salaries to
all employees who have been receiv-
ing less than $4,000 a year The
action follows the company's best
business year.
Mr.. Delmar also stated that the
company's 80 employees have been
insured under a group insurance
plan arranged with one of the lead
ing life insurance companies. Each
employe has been insured for 81 900,
the new plan going into effect the
day before Christmas.
The plan includes accidental
death, accident sickness. hospital
and surgical treatment and other
benefits. New employees are to be
given the same insurance after three
months continuous service with the
company, Mr.. Delmar said. The
entire cost OF the plan will be borne
by the corporation.
Store Sales Again Climb.
The Richmond and Atlanta Dis
tricts exceeded the other 10 Federal
Reserve Districts in November de-
partment store sales. according to
the Federal Reserve Boards monthly
comparisons, business being up l6
per cent. Sales in these two dis
tricts were up 13 per cent in Octo-
Der over last year.
St. Louis and Clevelands districts
scored the best trade gains in the
first IL months of 1941, the survey
says. Percentage comparisons for
and the IL months of 1910, follow:
Evening star., 1941-12-26
Odd-Lo Dealings
BY the Associated Pres

bE IIlt FSSUVIdLtu FTtSs-
The Securities Commission reported 70.
day these transactions By customers ulth
ocd-lot dealers or SPECIALISTS on the New
YORK Stock Exchange for December %.
4..35 purchases, involving 1921 shares:
5:1S0 sales involving l69 90 shares, in
c!udlng As short sales, involving oaa
Evening star., 1941-12-26
Bonds

T R E A S U R Y.
Imperial Valley press. (El Centro, Calif.) 1907-current, 1941-03-04
Farms Inundated,
Roads Closed as
Downpour Grows

Continued from Page One)
marooned temporarily in Los An
geles as water ran two feet deep
through the streets
Slides and high water cut oil
Monterey entirely for time Mon
day night. The slides blocked the
citys connection with Route lOl
and water and slides covered the
jacksonville Monterey road. Traffic
between Salinas and Monterey was
rerouted through Salinas.
South of Salinas route 10l was
blocked for a time by flooded un-
derpass at Soledad. Traffic was
sent over the Metz road to King
City Buses were delayed as much
as four hours.
The rainfall started q new rise in
the Sacramento river, which over
the weekend had broken through a
leyee above Butte City and hao
covered hundreds of acres of farm
land. The state sent sanitary engin-
GERS to the upper Sacramento valley
to guard against contagion.
The weather bureau reported that
San Francisco vas experiencing its
wetteSt Winter since 1894. Precip-
itation here reached close to 26 inch
es as against a season normal OF
% and a March normal of l6.48
The season ends June 80. Similar
records were being established else
where in the state.
Imperial Valley press. (El Centro, Calif.) 1907-current, 1941-03-04

WASHINGTON. March 1 (UP)-
Sen. Robert F. Wagner, D. NY.
said today that the British aid bill
merits the full support of all who
want to aid Britain effectively and
that speed inacting it is vital.
The veteran New York admin
stration leader made his first COM
ment on the controversial measure
in a formal statement as another
bill supporter. Sen. H. H. Schwartz,
D. Wyo. charged on the senate
floor that we are now killing time
while the Germans are killing Eng
lish women and children and the
aged and infirm."
The l4th day of debate on the
measure opened an hour early in
the senate amid reports that Sec
ietary of State Cordell Hull and
President RcoSevelt's senate leaders
are interested in a compromise
amendment that would prohibit
land or naval forces from delivering
defense articles outside the wes-
tern hemisphere without congress
Sional consent.
Sen. Joseph C. OMahoney, D.,
Wyo., friend of the bill, suggested
the amendment as a basis for a.
greement TO forestall a long. bit
ter fight over the Ellender amend
ment against use of American
armed forces outside the western
hemisphere and U. S. possessions.
Imperial Valley press. (El Centro, Calif.) 1907-current, 1941-03-04
That Maj, is Here
Again VIII. Eek : -,k
For Tax listings
Continued from Page One,


emptions amounting to $158,775.
Maupin has until June 80 to COM
plete his check of the rolls. On the
first Monday in July he will turn
his figures over to the tax collector
and during the ensuing period the
city council will sit in annual SEES
sion as a board of equalization to
hear any complaints. Maupn Will
have roughly 1000 calls to make
checking property.
First day of the assessment period
passed without one feature that
has been present in other years.
In the past, number of construc-
ton jobs have been held up until
after the first Monday in March.
Assessments are made upon proper
ty as of that day and if buildings
are constructed after that point,
they are not considered assessable
until the following spring.
Informed quarters said there were
only few jobs that had appar-
emily been delayed to escape the
assessment.
Meanwhile, collection of first half
taxes was remarkably high, Gavin
reported. The deadline passed with
$l27,l36 collected, representing more
than "a per cent of taxes billed.
This did not include street assess
mentS collected.
Imperial Valley press. (El Centro, Calif.) 1907-current, 1941-03-04
ALL Strikes at
Air Corps Field

because the war department had
ordered a contractor employing clio
members reinstated t. a project.
The Dayton building trades coun-
Gil tAFL) ordered the original
walkout because of the presence Of
Today's walkout suspended all
CLIO workmen at the field.
work On a S1.55O,000 expansion pro-
gram al Wright Field. The first
strike on Jan. 2e lasted two days
after the importation of four CLIO
electricians by the Penner Con-
struction company.
The Penner company. New York,
holding electrical installation con-
tracts at the field. w2S said to have
resumed work there yesterday with
members of the Congress of In
dustrial Organizations Electrical
Workers union.
John Bridenbach. president of the
Dayton building trades council. and
other AFL leaders conferred yester-
day afternoon with Col Lester T
Miller, Wright Field commandant
10 protest the reinstatement of the
Penner contract.
Colonel Miller was said to have
refused TO change the reinstate-
ment, repeatedly ordered by the
war department.
Imperial Valley press. (El Centro, Calif.) 1907-current, 1941-03-04
British Break Off
BuIgar Relations;
War May Follow

Continued from Page One)
of Ethiopia and Somaliland now
have been placed under his military
jurisdiction. and. Russia interviewed
as an uncarded entry in the big
Balkan pressure campaign being
fought between Germany and Great
Britain.
The Russian expression of disap-
proval of Germany entry into Bull
garia stirred all the Balkan capitals
and Berlin and London as well.
1t brought a cool Nazi statement
which made plain that Germany
places her war interests ahead of
Russias opinion and that the Reich
regards the occupation of Bulgaria
as a military necessity.
London saw a yelled warning
against trespaSsing upon Soviet in
terests in Turkey and the Dardan-
Giles, Russia's warm water outlet by
sea
Budapest thought the statement
might indicate that Russia and Tur-
key have some kind of military anG
diplomatic arrangement to become
effective in event of Nazi attack on
Turkey. 1t was doubted any such
arrangement would be effective in
event of Turkish aid to Greece in
resisting German attack.
The Sofia government vigorously
suppressed all mention of the Soviet
statement. presumably because OF
the widespread sympathy felt for
/ Russia by the Bulgarian peasantry
+ There were reports OF incidents be-
/ tween Bulgarians and Germans.
Semi official sources were sur
priSed by the Soviet statements,
They thought it showed that rela-
lions between Russia and the Axis
were not what the Axis wanted peo-
Pile TO think.
U. S. diplomats who have had
increasing difficulty III the Balkans
reported new restrictions on their
movements. U. S. Minister Franklin
/ Gunther was prevented by the Ger
man military from leaving Buchar-
est over the weekend less than AZ
/ hours after U. S. Minister George
Earle was prevented from leaving
Bulgaria TO advise the U. S. state
department from over the border
of the German troop entry.
The British haul of prisoners in
italian Somaliland approached the
10000 mark while British columns
neared the southeastern border OF
Ethiopia for what appeared likely
TO be major drive in the direction
of Harar
A settlement of the Far Eastern
dispute centering around Japan's
insistence of large territorial con-
cessions by French Indo- China to
Thailand appeared imminent.
Imperial Valley press. (El Centro, Calif.) 1907-current, 1941-03-04
Hero of Disaster
Ends Own Life

LONG BEACH. Cal. March
tUP)-Ernest L. Hultgren, Ga, des-
cr1bed as a hero of the General
Slocum disaster in New York in
1904, died OF an overdose of sleep
ing tablets, police reported today.
Officers found Hultgren's body ir
an auto court bungalow. after
friends in Burbank, Cal, his home
informed police that Hultgrer.
planned TO commit suicide because
of i'll health. A note found beside
his body said
Il haven't slept for four months
Sc ] took a few extra powders. !
am so tired"
Acquaintance said Hultgren hqad
lived in Burbank TOR several years
In New York, where he was q
municipal employe, he won many
medals for rescue work. He was
accredited with resucing 80 per-
sons at the time the General Slo-
cum. laden with excursioinists
burned in East river.
Imperial Valley press. (El Centro, Calif.) 1907-current, 1941-03-04
Indictment Weather
Cuts Attendance
AT County Fair

CONTINUED from Page One)
States, pageant presented by the
rural school children, written AND
directed by Carmen Gibson, county
music supervisor More than 1lOo
children took part in the pageant,
Novelty of the program was the
parade of states in which children
lined colored pasteboard replicas
of each state in the Union on the
80-foot stage in front of the grand
stand. Young commentators out
lined the history of each state.
A glee club of more than 500
voices furnished music for the pag-
cant and further emphasized the
theme of the affair with a list OF
patriotic songs.
Because the weatherman promised
clearing skies for Wednesday an
other large attendance was antic-
ipated by fair officials for Cattle
men and Farm Bureau day. Judg-
ing of horses, a farm bureau pro-
gram and another cowpony race
program are scheduled in the after
noon with a grammar school or
chestra concert and the amateur
program scheduled as features OF
the night show.
Imperial Valley press. (El Centro, Calif.) 1907-current, 1941-03-04
Olson S Brother
Collects Premium

SAN FRANCISCO, March 4. CUP
A report by the state board of har-
Dor commissioners today showed
that the board awarded 81 ,2O2 500
worth of insurance business to he
Glenn-Connally Co., for which
Frank Olson. brother of Governor
Culbert Olson, is solicitor.
Frank Olson insisted his connec-
ton with the firm had nothing TO
do with the insurance award.
The firm, he said, solicited the
business in competition with many
other insurance agencies and hap
pened to be low bidders" He said
the commission amounts to $3.50 for
three years.
1T is the policy of the new board
to distribute its insurance" Olson
said. The former board used to
give it mostly to one firm. The in
surance was solicited by bids so
there is nothing shady in the deal. }"
Imperial Valley press. (El Centro, Calif.) 1907-current, 1941-03-04
Rev. Harold DotY
Quits Passionate
TUESDAY, MARCH 4, 1s41

of Santa Paula His resignation was
rendered at a church meeting Mon
dav night and the minister lett
soon afterwards for Santa fauia.
He will return Wednesday TO preach
three more Sundays before leaving
permanently.
The resignation will be effective
March %.
They have been happy years.
Reverand Doty said in ms reslgha-
ton. 1T is true there have been
hard places, trials and uncertain
DAYS. We have known discourage
ment and heartache. Also, We nave
-. n success and triumph
Five y Us and two months ago
Reverand Dvty &c, oded the Rev.
Mr.. Carl Harwod as pastor OF the
Ell Centric church. Since then the
congregation has grown to more
than 500 members. In the interval
there have been 260 new members
received
Financially, the church has been
strengthened by payment OF III per
cent of the church debt and TWO
thirds of Indebtedness on the par
sonage, despite a number OF inn
provementS.
During the Reverand Doty's serv-
ice the Sunday school has received
considerable attention. 1t has been
departmentalized and graded. Young
peoples work also has been stimu-
lated.
Reverand Doty came to Ell Centre
| from Redondo Beach where he hello
the pastorate six years.
Decision regarding a successor will
be announced later, church officials
indicated.
Imperial Valley press. (El Centro, Calif.) 1907-current, 1941-03-04
Life Insurance in action!

bene6ciaries is record high for the Company.
Metropolitan funds, invested for the benefit of
its policyholders, continued to play part in the
economic structure of the nation. These funds
aided in financing Government activities, helped
to keep industry humming and men in jobs, to
erect public and private buildings, and assisted
farmers to own their farms and to keep them in
proper repair. However, the low interest rates
generally prevailing, continued to have their effect
on the Companys earnings and consequently
dividends to policyholders.
Moreover, through its Welfare activities, its
Imperial Valley press. (El Centro, Calif.) 1907-current, 1941-03-04
Illicit Alcohol
Indictments Voted

DETROIT, March a. (UP)-A
federal district grand jury today re-
turned an indictment charging AZ
persons living in Chicago, Toledo,
O., Cleveland, Detroit and in Can
ada with defrauding the United
States government of $l,200,000 in
liquor taxes through manufacture
of illicit alcohol.
The indictment charged that the
alcohol was manufactured in the
vicinity of Chicago and distributed
through wholesale and retail mar
kets in the Michigan and Ohio CT
ties
Imperial Valley press. (El Centro, Calif.) 1907-current, 1941-03-04

DY ITS VERY NATURE, Life Insurance is an active,
ID continuing force-a Hpng force in the homes
of millions who share its benefits.
! Last year Metropolitan visited many homes in
times of family crisis for total of over $4,000
900 was paid on account of death claims to scores
of thousands of benefciaries of Metropolitan pol
icyholders. Dividends, matured endowments,
annuity payments disability, and health and acct
dent claims, and other benefits paid or credited
living policyholders during the year amounted to
more than S426,OOOOOO. The total of almost
5000, 100000 for payments to policyholders and
Imperial Valley press. (El Centro, Calif.) 1907-current, 1941-03-04
Social Program in
Defense Urged

WASHINGTON, March 4. CUP)-
Development of educational, recre-
ational and utility facilities in ma
tional defense manufacturing CEN
tiers was proposed to the house
buildings and grounds committee
today as a means of improving
worker morale and stabilizing labor
conditions in industrial plants.
Imperial Valley press. (El Centro, Calif.) 1907-current, 1941-03-04

More than five years of service as
the pastor of the First Baptist
church in Ell Centre will end this
month for the Rev. Mr.. Harold E
Doty who announced his resigna-
ton Tuesday.
Reverand Doty Monday accepted
a call from the First Baptist church
Imperial Valley press. (El Centro, Calif.) 1907-current, 1941-03-04

DAYTON. O.. March q up
The second walkout OF 400 build
ing trades workers within a month
tied up construction projects today
NJ Wright Field. experimental lab
oratory for the army air corps.
The strike repeatedly was called
Imperial Valley press. (El Centro, Calif.) 1907-current, 1941-03-04
Wagner Supports
Lend-LeuSe Bill

and another amendment banning
U. S. convoy of merchant ships.
Wagner's statement asserted that
the real issue before the senate is
the relative extent. the flexibility
and the speed of the help to be
given Britain
Imperial Valley press. (El Centro, Calif.) 1907-current, 1941-03-04
ART PATRON DIES

SAN FRANCISCO, March 4. CUP)
Albert NJ. Bender. famed art pat
ron. died at his Post street home to-
day after an illness of two weeks.
Imperial Valley press. (El Centro, Calif.) 1907-current, 1941-03-04
"Only medicine l ever used

and now Tn 81! Kept ADLERIKA
on hand the past 27 years 20. g.
Tex ADLERIKA contains 3 laXa-
tives for quick bowel action. with 5
carminatives to relieve gas pains.
Get ALDERIKA today.
CLEMENTS DRUG STORE
Imperial Valley press. (El Centro, Calif.) 1907-current, 1941-03-04

FREDERICK II. ECKER, New York, N. Y.
Chairman of the Board
Metropolitan Life Insurance Company
FMITCHELL d. FoLLANsBEE, Chicago Ill.
Member, Follansbee, Shorey and Schupp
Attorneys at Law
JOSEPH p. DAY, New York, N. Y.
President, Joseph p. Day, Inc, Real Estate
LANGDON p. MARVIN, New York, N Y.
Member, Emmett. Marvin and Martin
Attorneys at Law
WILLIAM L. De BosT, New York, N Y.
President, Union Dime Savings Bank
JEREMIAH MnBANK, New York. N. Y.
Milbank & Co.
sDied Jan. 2o, l94l