HENDERSON gateway TO CENTRAL CAROLINA " twenty-third YEAR State Revenue For Ten Months Higher By Nearly 10 Prct. I Total from All ISources Is $48,293,395, or $4,062,- 452 Above Figure Last Year SALES TAX YIELDS most except gas General Fund Collections $25,172,633, or $3,691,199 Higher Than First Ten Months Last Year; Sales Tax Revenue for Period Is $8,475,517 Raleigh, May 1 (AP)—The State Department of Revenue reported today that collections from all sources the fii st ten months of the current fiscal year were $4,062,452.52, or 9.68 percent above the yield for the corresponding period a year ago. General fund and motor vehicle re venues through April 30 totalled $48,- 0(13,395.25, as compared with $44,030,- 941 73 to May 1. 1935. The sales tax led the way in in creases and, aside from the gasoline tax. was the largest single revenue producer. General fund collections were -25,172.633.44, against $21,481,433,- 57 on April 30, 1935, a gain of $3,691,- 199.87, or 17.18 percent. Under the general fund, the sales tax yielded $8,475,517.17, or approxi mately $2,400,000 more than for the ten months of the previous fiscal year The income tax yield was up from $6,704,722 to $7,235,537. $350,000 Loss By Lexington Fire In The Early Morning Lexington, May 1. —(AP) —Fire destroyed the United States Furni ture Company, a Negro church, three Negro houses and damaged other property here early today with a loss, owners said, of ap proximately $350,000. The blare started in the furni ture concern, Lexington’s largest and spread rapidly from the fin ishing room. The church and three houses soon were aflame, and other near ly buildings caught, but the lat ter were saved before much dam age resulted. The cause of the fire was not determined. $40,000 Os Loot Taken In Robbery Of'roit, Mich., May I.—(AP)—Four "ihhers Held up a branch of the De ,r('it Rank shortly before 11 a. m. lodf '.V. escaping with a sum early re perts placed at $40,000, while police investigated a false hold-up alarm "‘"Kd in from the northern limits of !Ih ' suburb in which the robbery oc cuned three minutes before. 1 hree of the robbers entered the ■'tik carrying sub-machine guns, vv . hil,; th e fourth waited at the wheel "! ;in automobile in front of the bank. Menacing employees and customers, m< n climbed over a teller’s cage aml scooped the money into a white "k. Only one shot was fired, em ployees said, but one woman was re p 'Morj injured in the confusion which followed the sudden rajd. business Up, Roosevelt To Win The Wheat Belt Lpturn in Mining Helps Utah, but Further East One Comes, Cheerfulness Begins Slowly to Fade; Spend ing Worrying Man y; New York Not Cocky By ROGER w. BABSON, Copyright 1936, Publishers Financial Bureau, Inc. x, ' w York, May I.—“ Business is the 1 1 in years” is what people in the mountain states are saying, accord -1 *o the report I received from my •• '.sociate who has just passed through 'ml region. Readers will remember hut we left him last week on his way ’ l ‘~ i from San Francisco. I asked him stop both at Salt Lake City and Denver. These two cities reflect con ditions in the mountain states just as 'nsitively as San Francisco mirrors activity along the Pacific Coast. TUntiHn*smt Hmht Btsualrh Presidential NomineJ ip John W. Aiken (above), 40-year-old hardwood finisher of Chelsea, Mass! has been nominated by the Socialist Labor Party at the New York con? vention as Presidential candidate. (Central Press) W eather Big Factor With Trade Gains Business for Week Is 12 Percent Over Year Ago, Dun & Bradstreet Says New York, May I.—(AP) —Better* weather conditions during the week enabled retail trade to advance to a level eight to 12 percent higher than a year ago, Dun & Bradstreet said today. “Defintic turn to more seasonal weather reacted favorably on nearly all branches of trade buying during the week,” it was tsated. “It influenced shoppers to sepnd more freely, which pushed sale of spring goods to a new high for the season. The outstanding gain, how ever, was in wholesale markets, the influx of buyers building up the best volume for the period since 1931. “The few instances of recession provided no check to the general move ment of the industrial pace, the pro fits reported by numerous manufac turers for the first quarter attesting the extent of the improvement.” At retail, it was stated, consumers apparently had more money to spend and not only purchased more goods but also demanded better quality than at any time in the past five years. “Although the strong recovery of consumer buying enabled a number of cities to report increases up to 15 per cent over the preceding week’s retail sales,” the review continued, “the gain over the previous year’s total was narrowed.” BANKER SWAN TO START SENTENCE Raleigh, May I.—(AP)—W. J. Swan, former Bayboro banker, must enter Central Prison here before midnight tonight to begin serving a four-year sentence for State banking law viola tion. People in the Rocky Mountain re gion look forward to the 'best summer since 1929. Some even think business will be as good as in the hey-day of this section—the early 20’s. Freight and passenger traffic on the railroads have picked up remarkably well and this means much to the “division” towns. In spite of the drought in the “dust bowl” east of the mountains, there is more water than usual. Live stock are in good shape so that cat tlemen can soon cash in at favorable prices. It is mighty encouraging to (Continued on Page Three.} 11 1 111 INI I SECTION OF NORTH I.EASKD WIRE SEIiVK'IB -■ ■ ,* ' ' ‘ Till-: A SSI M’IATEI) I'ltE ' ' ' North Carolina Leads All States In Percent Outlay For Educational Purpose 68 Percent of All General Fund Revenue Goes to That Cause, Revenue Department Reveals; Corporation Franchise and Income Tax Producing Most Dally Dispatch Bnreaa, In The Sir Walter Uote., By J C. It ASKER VI LI/ Raleigh, May 1. —No other State in the United States spends as large a share of of its revenue for educational purposes as does North Carolina, which pays out 68.1 per cent of all its general fund revenue for educational purposes, of which 63.2 per cent goes to the public schools and 4.9 per cent to the various State educational In stitution?, according to figures made public here today by the Department of Revenue and shown in cuts in the Henderson Daily Dispatch today. If the legislature had the power to abolish every State office from the governor on down, both elective and M meals:ss Graham and Hoey Shooting At Professor for His Vote Last Year Dully Dispatch Tlitrean. In The Sir Walter Hotel, By J.