Payrolls Strike New
Hich Sinrp 1931
Peaks In Both Wares And Employ
ment Untouched Since Early
1931 Created In February
Washington.?Payrolls in Ameri
can manufacturing Industry hit a
Dtw high In February, creating
Peaks In both wages and employ
ment untouched since early 1931.
The department of commerce, an
nouncing this Thursday, added
that probable further improvement
in March would supplant these fig
ures, but that only incomplete esti
mates for the month were available.
The department stated that a
swelling in manufacturing payrolls
cf 12 per cent in February as com
pared to January constituted the
greatest one-month improvement in
15 years.
A six per cent gain in actual fac
tory employment during the month
as compared to January was re
corded as having been exceeded
only three times in 15 years.
None of the figures included the
splurge of pay increases recently
announced in the steel, automobile
and other industries, many of
which go into effect this month.
Watch Data Intently.
^The NRA was disclosed today to
Bp watching such data Intently,
^hile gathering more of Its own.
On good authority it was indi
cated that quick general action by
industry to shorten working hours
for re-employment is not now ex
pected by blue eagle officials but
within a reasonable period volun
tary cuts are looked'for from large
individual groups.
If not, the original idea that a
flat ten per cent reduction be re
quired by the government of all
who cannot show good cause to the
contrary, may be brought into play.
The present attitude is to put the
responsibility directly up to busi
ness. Its spokesmen have urged up
on Hugh S. Johnson Insistently
their view that if there Is no com
pulsion many industries will do the
things handsomely. With his own
belief that the initiative should be
on the part of Industry, Johnson has
found it easy to leave direct action
to private interests for a time.
While Johnson's aides are going
beyond present conditions to gain
data on how many more men in
dustry could possibly employ?"and
?L.n0t Why not " in words 01
the NRA administrator?the allied
commerce department concentrated
on past statistics.
Reverses Downward Trend
It noted slight declines in em
ployment in non-manufacturing in
dustry between die middle fo Jan
uary and the middle of February as
offsetting but a small proportion
of the "marked gain In factory em
ployment." The actual gain. It
added, "reversed the downnward
trend which had extended over a
period of four months."
: As to March possiillities, the re
port found that "current indica
tions point toward further improve
ment in the employment opportuni
ties in March."
Concentrated on Two Fronts
NRA and other administration ef
forts to Improve the figures thus
far noted are concentrated princi
pally on two fronts.
Legislation is now being consid
ered on Capitol Hill to follow Pres
ident Roosevelt's suggestion that
about $700,000,000 more capital
could be used by medium-sized
^businesses to goo<^ employment ef
An allied effort Is being studied
y the President's national emer
ency council, Involving methods to
pur both home construction and
lie heavy goods industries, which
rill be turned over to the NRA
ar administration.
Already the emergency council, in
a study of home modernization
osslbllities, has been told that ex
endlture of a billion dollars can
e stimulated In that field.
The plans in that direction, how
ver, are not Intended to shelve
be code hours and wages program,
ohnson had received today a large
umber of replies from code au
D i
thorities to questionnaires, sent out
j in March, which asked for employ -
ipent figures, ratio of labor earnings
to the value added to goods by
manufacture, all for comparative
periods of this year, 1933 and 1929 1
The replies generally have been i
incomplete. An accompanying let- i
ter had asked the code groups to '
say what they could do towards I
complying with the ten per cent 1
hour reduction with unreduced I
wages plan. 1
It concluded with: . . . and if
not. why not." The replies were t
understood to contain a good deal t
of "why not/1 ,t
r_ 0 r '?
DICK REYNOLDS ?
GETS HIS TO- ,
BACCO FORTUNE t
Comparatively "Modest" Sum e
Left By Father Becomes
Huge Inheritance t
IS NOW OVER $25,000,000 *
i1
Winston-Salem, April 5.?Rich- s
ard J. Reynolds yesterday signed a '
few documents in Baltimore, and c
the $1,781,921.19 bequeathed him by t
his father in 1918 was formally I
turned over to him. However, the "
magic of prosperity had meantime
blown its breath upon that re la-;
tively small stun, so that more than j
$25,000,000 actually went to the 28
year-old tobacco heir.
The growth of that trust fund is J
an echo of America's golden age, |
The late R. J. Reynolds left his es
tate to his widow and four children.
Each child received $1.781521.19 in
trust. The children participating in
the will are Reynolds, Jr., Mrs.
Mary Babcock, Mrs. Nancy Bagley,
and the estate of Z. Smith Rey
nolds.
In addition,, Mr. Reynolds left
"Dick" the family home located on
Fifth and Spring streets, which is
at present unoccupied.
The value of the Reynolds "A"
and "B" stock .the late tobacco
magnate left for "Dick" at the time
of his death was only $671,694. The
remainder of the estate, $1,110,227.19
was in cotton mill stock, real es
tate. government, state and muni
cipal bonds, various notes and cash
in bank.
During the intervening 16 years
the Stcok in R. J. Reynolds Tobacco
Company has enhanced to an almost
unbelievable amount through boar
uses, split and extra dividends.
"Dick's" 4,207 shares of "B" stock
have grown to 140530 shares. At the i
present market price this has a,
value of $5,609,200. The 4,564 shares
of "A" has enhanced to 152,130;
shares which at present has a value
of $9,127500. Reynolds' share of his
mother's estate, which also was held
in trust until yesterday, included'
5,654 shares "B" stock which has
grown to 17,667 shares with a val
uation of $706,680 and 6.081 shares
of "A" which has grown to 21,501
shares worth $1,290,120. The total
value of stock Reynolds received
from both parents Is $16,733,800. In
addition to this, the stock has paid
dividends totalling $8,021,406.95 dur
ing the past 16 years. The money
was to have been held with the re- i
mainder of the estate, giving a val
uation of $24,755,106.95 to that por
tion of the estate which includes
solely R. J. Reynolds Tobacco com
pany stock.
Just what the present valuation
of the $1,1^0,227.19 which was in
other than Reynolds stock cannot
be computed.
?o.
The monkey wrench was named
for its inventor, Charles Monk.
DURHAM IRON
WORKS
712 East Main St.
Durham, N. C.
MACHINERY REPAIRS
BRAZING and WELDING
TRUCK-TRACTOR SERVICE
For Beautiful
Lustrous
Hair Try
our Special Oil Shampoo. It takes the
deadness out of hair and restores the
scalp to its normal condition of health.
CLARA'S Beauty Shoppe
Depot Street ? ., Phone 233
\
LARGE LOAD
OF CIGARETTES
H I-J A C K E E
rwo Men, Enroute From Winstoi
To Norfolk, Found (Strapped To
Tree?Blame Hijacking Gang
Bowling Green, Va., April 5.?Tw
men found handcuffed to a to
near here thjs morning said the;
were the victims of a hi-Jack gani
which had taken a truck loader
with $29,000 iwclrth of cigarette*
'rom them. The pair identifier
(hemselves as I. H. Paxson of Nor
'oik, Va., and Sam H. Young o
Winston-Salem, N. C.
"They said six or seven men
trmed with machine guns, trapper
hem on a road between Norlim
tnd Weldon, North Carolina at 3:31
i. m? today as they were enroute
rom Winston-Salem to Norfolk.
The gang unloaded the tobaccc
ind placed the two truckmen ir
he empty van. Hours later tbej
cere handcuffed to o tree, theh
yes bound with adhesive tape anc
ibandoned.
The two men were released aftei
heir shouts had attracted the at
ention of a Negro worker who no
ified John Pitts and Robert Up
hur who lived nearby. Pitts anc
Jpshur sawed the links of the hand
:uffs and brought the two driven
o Bowling Green where they re
>orted the theft.
Plan Now
for
Quality
Tobacco
The price of tobacco on
the warehouse floor is
governed by its quality.
Profit-making quality
must be grown into the
Leaf.
For Profits
USE
BIOcSol
TOBACCO]
Fertilizers}*
FOR
, QUALITY
TOBACCO^
Made of selected materials
?especially for tobacco
Armour's Big CropTobacco
Fertilizers are used by suc
cessful growers who know
It pays to use the best.
T
Let us supply
your spring fertilizers
4AA
PLAY SAFE?
With the acreage reduction
and tue the right fertOiaer.
There are none better than
ARMOUR'S
TOBACCO
SPECIAL
Also rraln fertilizer and Ni
trate of Soda. See me for
H. S. MORTON
and
BOB OAKLEY
Roxboro, N. O.
FRANCE MIGHT
LOSE IN WAR
> WITH GERMANY
a If This Is True England And
| Italy Would Be Annihilated
In Their Turn
0 BRITAIN NOT STRONG
y I Brussels.?Should Prance be beat
en In another war with Germany,
s England as well as Italy would be
* annihilated In their turn. Hitler
j has left no doubt about that.
.j "And, in 18 months' time?if
t other nations 'stand by'?Germany
I will be stronger, from a military
'point of view, than Prance."
That la the opinion of M. de Dor
| lodot, who startled the senate here
with his claim that Britain is not
ready to defend herself from an air
force attack.
"If a new war is to be prevent
ed," says M. de Dorlodot, "it is of
the utmost urgency that proper
measures be taken, for Germany
has been arming for years. She is
far ahead of Britain in civil avia
|tion, and most of her airplanes
"; are potential fighting machines.
"We in Belgium are convinced of
-, this, and it makes us anxious and
? nervous. A war won is bad enough
1 business, but a war lost is a horrible
thought for a country like ours.
"By the end of next year Ger
many will be in a position to declare
war with the greatest chance of
success. What Germany is doing
now is merely to gain time in or
der to complete her armaments.
"The day will come when she will
feel strong enough not only to
claim her colonies but also?should
she put her hand on Austria?the
Ukraine, Alsace and Lorraine. Hit
ler has put all this down in writing.
"If Europe is to be spared a Ger- j
man hegemony, time presses. It is
in the interests of the British, the]
French, the Italians ,and the Bel- j
gians to act promptly.
Tt Is not a preventative war I
am asking for. What I want is a
'courteous vigor' excluding any idea
of brutal force. We are entitled to
appeal for an investigation into
Germany's armaments.
If Germany is fotind guilty , of
having rearmed, proper measures
ought to be taken. One of them
might consist in the establishment
of the Rhineland as a barrier coun
try."
o
Why some of us Cannot Get Thin
and Others Cannot Get Pat! An
interesting article in which science
explains that obesity or leanness of
ten cannot be controlled. Read this
story April 15 in the American
Weekly, the magazine which comes
with the BALTIMORE SUNDAY
AMERICAN. Get your copy from
roar favorite newsdealer or news
"So your name Is Johnny Thomp
?n." .the teacher said, to make
>ure of the facts, "but your moth
er's name Is Jones?"
"Yes ma'am," Johnny said. "You
iee, she married again, and I
iidn't."
Announcement
I AM A CANDIDATE FOB
Register of Deeds
OF
Orange County
subject to the ' Democratic
Primary June 2, 1934. I pledge
myself to five all the people
an efficient service. I will feel
grateful for year support.
Arthur C. Cheek
Hillsboro, N. C.
"NERVES" NO PROBLEM WITH ME!
I'VE HEARD THAT CAMELS USE
FINER TOBACCOS, AND IT IS
CERTAINLY TRUE THAT SINCE
I STARTED SMOKING CAMELS
I DON'T FEEL NERVOUS AND
IRRITABLE ANY MORE.
<
i
CAMEL'S COSTLIER TOBACCOS
1 YOU CAN SU0KE THEM STEAOUY... 8ECAUSE THEY
NEVER GET ON YOUR NERVES . NEVER T!RE YOUR TASTE !
Just Like an Apple
IT MUST BE RIPE
That's the belief of Mr. C. J. Chandler of Virginia, and who will say that
Mr. Chandler has not proven his ability to produce good bright tobacco.
Yes, sir, it must be ripe in the field, just like the apple must ripen in the sun
right on the tree, if it is going to have any color.
And with these tricky seasons we have in the Southside, it pays to push it
right on to maturity early in the summer and not take chances on what the Late.
August rains will do for it.
I have found that ACREE'S TOBACCO FERTILIZER is the greatest single
help one can get in starting and properly maturing tobacco
W. T. Pass - W. R. Jones - F. J. Hester ? at Hyco Warehouse
Acree Fertilizer Co.
801 BolUngbrook St.
PETERSBURG, VIRGINIA
Napoleon issued challenges, but you'll ?
remember, too.
That, finally, to his dismay, he met
his'Waterloo!
The owl avoids all boasts and claims?
he rests his case on facts;
He says: "Try Essolene yourself and
you'll KNOW how it acts!"
..i-;
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way. Try a tankful today and notice the difference. See for
yourself why Essolene guarantees smoother performance.
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IWl/tCJ MJl/>CIIC IW UW ItJ I
GASOLINE PRICE
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