Evening Star Newspaper, July 9, 1937, Page 16

DAILY SHORT STORY FLOOD By Meredith Scholl. VIS and Mike quarreled the night the levee broke. It wasn't really a quarrel, for Avis was the only one who was an- noyed. Avis had known DMike Me- Call since they had been kids. She had always thought of him as a sort of big brother, a pro- tector. She had stopped thinking of him that wayj when they grew up. It had proved a source of grow- ing irritation when Mike's attitude to- ward her didn't @ change. Mike con- tinued to think of her as a kid sister, & pal In the Summer of 1936 Mike went down to New Orleans to work for an exporting company. With his going Avis felt that the world had slipped | from under her. He .rote—gay, chummy letters that made her feel worse than if he hadn't written at all. And then, in January, 1937, he re- | turned to Snughaven, buoyed up by | plans of establishing a local office for | the exporting company. The day he returned it began to rain. It had been raining ever since— a steady, warm downpour. Already the river was up above flood average. On Saturday of that week Mike | took Avis to the annual country club | ball. She couldn’t understand why he | had asked her. She didn't care. It ‘was enough to be with him. May Sims was there. May was two years older | than Avis, & beautiful, bewitching bru- | nette. She had known Mike before her | folks took her abroad to finish her | education It was close to midr t when Avis, dancing with Pete Herrick, happened to glance into the cocktail room and &aw Mike and May there. And what &he saw caused her hearty to stand &till Fifteen minutes later she accosted Mike in the lobby. “1 want to go home, Mike. headache.” He stared at her horrified Why, T've a “Home? it's the shank of the evening.” get a taxi” He grinned cheerfully and got th; things. * ok ok ok “If you don't want to take me, I'll “No use in trying to get home,” Mike said calmly. “Our »\ folks will be safe on the high ground. We'll have to try and reach the Pike road going east. Our only chance.” Avis said noth- ing. Her lips were set firmly. It was comforting to know that Mik: was be- | side her. A half mile farther on they had to stop. “No use,” Mike said. “Too deep. Look, we'll get out here and follow this old lane. Mike picked up Avis and tried to run with her. He stumbled, \r‘fl\ILht himself, stumbled again. When | they got to their feet the water was above their knees. Mike grinned crookedly, grimly. “We'll have to swim for it, I guess.” “Oh, Mike! Mike!" \ x ok ok x SuoogT- HER voice was swallowed up. She felt herself lifted high, hurled out on the crest of the rushing tor- | rent. She heard Mike yell at her. Instinctively she flung off her wrap. | | She struck out. Her heart beat again when she saw Mike's head bobbing close. He had hold of <omething. | He was yelling at her. Sb: fought her way toward him. He reached out an |arm and drew her in. The thing he | had hold of was the roof of a chicken house. They clung to it desperately, | felt themselves being torn and bate | tered, were pushed beneath the sur- | face, hurled high on the crest of boil- | ing foam. Yet they hung on. | Hours passed. Days. Years. Avis knew that Mike's arm was around her waist, that he was supporting her. Consciousness came and went, slipped away. Darkness shut down. Far, far away she heard sounds she knew to be the turmoil of the flood. Then all| | things were blotted out. She opened her eyes to the sound | of crackling wood. A fire was burning. She lay near it on dry ground. Mike \ was feeding the flames. The rain had stopped. The roaring | of the flood was close at hand. Mike came and knelt beside her. | He grinned. “We got here. Don't ask me how. We're safe. In the . morning there’ll be boats out look- | nd Mike heard the ominous rumb! growing louder and looked at each other. They didn’t need to hear the screaming of sirens and the shrilling of whistles to tell them what had happened. They, like every one else in Snughaven, had been expecting it, fearing it Mike stepped on the accelerator. They shot along the marsh road till they reached the North and South highway and turned south. Water fanned out from the wheels on both rides. ing for refugees.” “Mike! Oh, Mike!" He looked at her tenderly. kiddo, you've grown up. I—I just seem to have realized. I mean, out| there it occurred to me what a sorry | old world this would be if anything| happened to you.” “Mike, mv darling!"” And so they huddled there beside | the fire, clinging to each other, glad to be together, waiting for the dawn and the rescue boats. (Copyright, 1937.) “Listen, Lehman Assets At $40.18 a Share After Splil-L?p By the Associated Press. NEW YORK, July 9—Lehman Corp. today reported net asset value of 1ts 2,081,580 capital shares result- ing from the recent split-up was $40.18 a June 30 The figure is aft share as of ter dividends agere- gating £4.75 a share for the fiscal year, and after normal Federa! and State taxes and management com- pensation, both computed upon un- realized appreciation, but before allowance for Federal excess profits tax and undistributed profits surtax Corresponding net asset value a yea earlier was $39.75 a share after ad: Jjustment giving effect to the three- | for-one split-up. Net earnings for the fiscal year ended June 30, including net realized profits on investments computed on of average cost, totaled Dividends declared and paid during the jear aggregated £0,790,167. HERZOG'S INC. the Store Known for their style, tailoring a PALM Suits for Men Our new whites vacation and evening will prove that neither you nor melt this Summer . morrow and see the new Bradford Stripes in business blues and grays. 16.745 Your Charge HERZOGS:= “TORE for three-for-one | Ce INSURANCE STOCKS | 1 NEW YORK. July 9 # —New York Se- curity Dealers’ Association: Asked Aetna Cas () ] Aetna Ins' (1.60) Actna Life ( 80a) Sit N Y200 Conn'Gen Lif (X0} Koo seriaeker’ (801~ Lincoln Fire Maryland Cas e Mass Bond (312) | a—Alsg extra or extras | & —Declared or paid so far this vear. for Men nd coolness! BEACH for sports, business, your bankroft need . Come in to- Agcount Invited ME THE EVENING STAR, WASHINGTON, D. C., FRIDAY, PLAN 1S OFFERED FOR RAIL MERGER Alleghany and Chesapeake Holders Asked to Vote on August 17. By the Associated Press. NEW YORK, July 9—Plans for gathering control of the sprawling Van Sweringen rail empire into a single holding company were ad- vanced yesterday with approval of a proposal for consolidation of the two top units of the structure. Directors of Alleghany Corp. and its subsidiary, Chesapeake Corp., unani- mously indorsed merger of the former into the latter and recommended to stockholders they accept the plan at special meeting to be held August 17. The three youthful rail barons, Robert R. Young, Frank F. Kolbe and For Man and Boy! Men’s Cool, Comfortable Allan P. Kirby, who in a surprise move last May acquired control of Alleghany and with working direc- tion of 28,000 miles of railroad lines, intend eventually to dissolve Chesa- peak Corp., Young said. The three, if the present plan is accepted, will hold about 43 per cent of the stock of the new Chesapeake Corp. Conversion privileges have been granted, however, which may in time reduce their holdings to less than | 10 per cent, they said in a statement. Chesapeake Corp. now owns about 355 per cent of the common stock of Chesapeake & Ohio. Other roads under working control of Chesapeake Corp. and Alleghany Corp. include the Missouri Pacific, Pere Marquette, Erie, Chicago & Eastern Illinois, “Nickel Plate,” Wheeling & Lake Erie and the Pittston Co.,, the latter operating coal properties. It was understood the Missouri Pa- cific was not included in the Eastern consolidation plan, and eventually its securities now held by Alleghany Corp. may be sold to stockholders of Chesa- peake Corp., or to the carriers’ own shareholders. The merger plan contemplates ex- of Alleghany Corp. and also of three bond issues outstanding into various classes of stock in the new organiza- tion. Holders of the capital stock of Chesa- peak Corp. have the choice of exchang- ing for stock in the new company, or taking common shares in the Chesa- peake & Ohio Railway at the ratio of 1% shares for each one now held. The latest earnings report of Al- leghany Corp. shows net loss for the six months ended June 30 of $65,990. This compares with net loss of $79,203 in the like period of 1936. For the same period Chesapeake Corp. reported net income of $3,579,- 142 exclusive of $1,596,864 profit from conversion of bonds into common stock of Chesapeake & Ohio Railway Devoe & Reynolds 2-Coat Sys- tem saves 50% on your paint. change of common and preferred stock POLO SHI Tuck stitch and rib stitch cot- ton. White, blue and maize. All sizes. Reg. price, 49c. Shirt collar model, in several popular colors. Small, me- dium and large sizes. Swim Tru tunnel Navy, Sizes Simulated fly front; belt; built-in supporter. royal, gray and brown. 28 to 40. High-waisted model, adjust- able belt, non-rust buckle. Sizes 24 to 30. Boys' and Men's Shop—Main Floor Men’s Reg. 15¢ Dress Socks l“c Pr. Lustrous rayons plaited over cot- ton. New patterns and colors. Seam- less. Sizes 10 to 12. Men's Furnish- ings—Main Floor $1.29 Boys’ Wash SUITS i) Sanforized poplins, waffie cloth or fersey top wash suits. Assorted styles and colors. Sizes 3 to 10. Boys' Shop—Main Floor 'KEEP YOUR MOTOR SEALED IN OIL WITH 100% Pure Pennsylvania MOTOR OIL 10-0Qt. Sealed Can Cross.Country Motor Oil is as fine as you can buy. Resists thinning under heat and thickening under cold, 2 to 3 times as long. 5-Gallon Cross Country Oil Coupon Book Entitles you to 2.80* Free Crankcase Plus 20c Tax service or add a Auto Accessories—Basement Plus 10¢ Tox quart whenever you like. 37(-. Boys’ Polo Shirts 29 Men's Fine All-W i1 Boys’ Swim Trunks 69 922 N. Y. Ave. NAtional 8610 RTS toe. Reinforced 1to 6. JULY 9, 1937. Co. This was equal to $1.99 a share on the capital stock outstanding. | In the like period of 1936 net was 5 | Bz Honekong, Montreal in Ne in Montreal. 10 \ n—Nominal. $3,582,206, or $1.99 a share. FOREIGN EXCHANGES NEW YORK, July 9 (P.—Foreign ex- change steady.’ GCfeat Brilain n. ollars, otherr in cenis. "Great Britain. demand, | 4:95%; cables. 4.05%: 60-day bl ro Fri d es. 3.87; Ttaly, 2: Germany. ravel, 27.75: 972 Sweden niand ny Ig free. 40.16; registered, Holland, 5% .98%: N 25.57%; Denmark Enjoy them at TRU-BLU On sale 2.19; 1% per cent. SUPREME IN GOODNESS AND FLAVOR Switzeriand 8pain, ortugal, 4.51; - _ orechmhwnku BRA3L 33, Austria. 18750 H unauoted: Foland, it er York V5 8tas New York | 54 . — MONEY MARKET. NEW YORK. July 9 (#.—Call money | steady: 1 per cent all day. Prime com- | mercial paper, 1 per cent. Time loans steady: 60-90°days. 1%: 4-8 months, 1'; per cent. 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Men’s Cool Sla'ck’ Model Wash Pants Sanforized, adjustable strap buckle; -‘ checks and stripes. Light or dark ..’.) grounds. Sizes 30 to 44. Men's Clothing—Main Floor REOUCED ! n's 13.50 and 16.50 Summer Men, step lively, act fast if you want to cash in on the greatest bargain in some time. A sale that offers you everything you could want in a Swanky two-piece models of Flannels, All-wool Crash and Tropical Wor- steds. Also famous Arctic-Aire, all of which re- tain their original shape through many clean- Single or double breasted. suit. S ing, of course! UITS 9 uperb tailor- * PLENTY OF WHITES, Tan and Gray. * SIZES 35 to 44 * Stouts and Shorts. Regulars, Slims, Men's Clothing —Main Floor A New Way to Buy Tires! Wheel sizes vary of course, but these prices do not! Whether your car be a Ford, Chevrolet, Plymouth, regardless of wheel sizes, provid- ing they're standard factory equ the price will be the one ALLSTATE i(})ped, your wheel indicate Check Your Car Against This List! 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