davidaulloa/AmericanStories huggingface dataset:
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1934-05-03
Ill ON HONOR ROLL
FOR LAST SIX WEEKS
Freshmen Take HOnors, Second
and Third Grades Next in
Number on List

One hundred eleven students at
Redwood Falls schools made the hon
or roll for the six weeks period which
ended April 20, it was announced this
week. The freshmen took honors again
with a representation of 16 while the
second and third grades tied for Sec
ond with Is each.
Following is the roll:
Post graduate: Wayne Searle.
Seniors: Naomi Anderson, Lorraine
Claussen, Florence Farlee, Edwina
Foreman, Florence Jacobson, Marie
Jacobson, Melville Miller, Evelyn Par
sons, Irma Schumacher, IRA Simon
Diet and Lois Sorenson.
Juniors: Bill Finn, Myrl Lindeman,
George Novak, Elaine Warner and
Melvale Wolverton.
Sophomores: Jeanne Beckstrand,
Maurice Dirlam, Norville Foreman,
Mary E. Harris, Eunice Halves, Cur
tbs Miller, Orville Radtke and Linda
Sickman.
Freshmen: Paul Asleson, Eleanor
Claussen, Beth Daniels, Irene Duncan,
Helen Hagberg, Margaret Henderson,
Helen Jackson, Ellen Karo, Geraldine
Kemnitz, Verda Kragh, Russell Lau-
terbach, Dorothy Nell, Berndetta
Neuenburg, Robert Roper, Eugene
Searle and Robert Tiffany.
Eight: Eugenia Bravinder, Mar
garet Charlebois, Betty Greene, lone
Gardner, Lea Ward Pease, Berna
Scheffler, Avis Tompkins and Alice
Worsech.
Seventh: Douglas Mckay, Airline
Waller, Mary Dwyer and Gertrude
Whittet.
Sixth: Airline Blum, James Dwyer
and Dolores Neale.
Fifth: Bobby Appleton, Gwendolyn
Birkholz, Gertrude Charlebois, Pat
Farrell, Phyllis Fitting, Donald Gold,
Everett Lynn, Rose McGovern, Glenn
Muetzel and Kenneth Parsons.
Fourth: Jane Barnes, Lilace Dick
mier, James Finn, Frank Forbes,
Martha Gold, Billy Inglis, Marjorie
Kolbet, John Lauterbach,. Henry Nup-
son, Bertha Richards, Phyllis Rud-
berg and June Waller.
Third: Phyllis Corcoran, James
Gallea, Edwin Keil, Florence Kraem-
err, Ruth MacDougall, Thomas Mckay,
Marjorie Mace, Dean Muetzel, Les
lie Muetzel, Betty Lou Otto, Bobby
Pease, Beryl Radtke and Marjory
Shaw.
Second: Russell Bovee, Jacqueline
Cameron, Shirley Mae Cannon, Rob
: ert, Cook, Harriet Lauterbach,, La
Vonne McRae, Florence Manning,
Wayne Muetzel, Marion Ortiz. Har-
lund Routhe, Bernice Schmeckl, Mar
ion Schmid and Vera Wolverton.
First: Eleanor Engeman, Dale
Gold, Gloria Nuremberg, Janice Nup-
son, Verdon Parrot, Robert Pryor
and Betty Truesdell.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1934-05-03
LARGE CROWD AT
MORTON PLAY DAY

Morton Morton Booster club
sponsored an afternoon and evening
play day here Tuesday which was
we'll attended. After the May day
program given by the children, prizes
were offered for variety of races
and contests. A band concert in the
evening was followed by old and new
time dances.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1934-05-03
Obtain "Bucks" from These Firms
Bucks given Nth Every 500 Purchase

Redwood Gazette, Duncan's Radio &
Electric Shop, Redwood Cafe, Auto
Electric Supply Co., The Paris Shop,
The Mint Cafe, Paffrath Hardware,
Gallea Bakery, Thomas Body and
Fender Shop, Backer's 5, 10 & Csc
Store, Bills Hamburger Shop, Hillig
Brothers, Mylady's Beauty Shop,
Farmers Elevator Co., Sward-Kemp
Drug Co., The Music Store, Redwood
Falls Greenhouse, Freyer's Rexall
Store, Atlantic and Pacific Tea Co,
Forster Furniture Co., Louise Beauty
Shop.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1934-05-03
REDWOOD DEFEATS
OLIVIA IN MEET

Redwood Falls athletes had little
difficulty in winning their first track
meet of the year from Olivia High
school n to 20 in the meet held at
the Redwood county fair grounds
Wednesday afternoon.
No outstanding men were uncover
ed in any of the events although the
squad as a whole shows possibilities
of developing strong candidates be-
fore the district track meet.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1934-05-03
Show Well Attended

About 500 people attended the free
moving pictures of marketing farm
commodities and All club work given
at the Redwood Theatre Saturday AFT
ternoon by the following truckers in
this vicinity: L. E. Woodford and
Huhnerkoch brothers, Redwood Falls;
brothers, North Redwood. Several
Otto Nanke, Renville and Becker
erchants also contributed toward the
show.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1934-05-03

Johnson Shoe Store, Montgomery
Ward & Co., ]. C. Penney Co., Aune
and Thune, Red Owl Store, Redwood
Cleaners, Schloff's Bargain Outlet,
Alfstad Bakery, Ben's Cafe, City
Market, Gamble Store, Fairway
Store, Pease Plumbing and Heating
Co., Redwood Grocery, Peavey & Col
Inns Tire Shop, Randgaard's Cafe,
Redwood Milling Co., Minnesota Oil
Co., Redwood Shoe Mart, Fox Mil
Inery,. LAuterbaeh Bros, Jaehning
Hardware, Redwood Falls Motor Co.,
w. J. Hager, Baekus Sweet Shop, The
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1934-05-03
Accepts Position

Herbert Johanneck, until recently
an employee of the Redwood County
Rural Telephone company, has accept
ed position with the Johnson Laun-
dry company of Mankato and start
ed work Monday. He will be route
man for the company. Jim Crawley,
former truck man, has been put in
charge of the routes.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1934-05-03
Assessors Meet

Forty-two Redwood county asses
sors gathered at the court house Fri
day and heard instructions by 81. B.
Bacon, chief clerk Of the Minnesota
Tax commission, who explained the
new homestead law which changes
the assessing Of homes and property.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1934-05-03
$50 p. m.


8 Dozen Cookies Recipe Box with Cards
Green Glass Bowl with Beaten
Large Bottle Vice Cedar Oil Polish
Pound Box Chocolate Covered Cherries
1 Battery Hydroaaeter 8 Spark Plugs
1 Rear View Mirror Grease Jobs
/ Tube Radiator Flush
2 Ornamental Trees / Wood Bank
1 Sewing Set. l Smoking Set
1 Pin Cushion and Thread Spool Stand
1925 Cent Geraniums
Pair Osh KOsh Overalls Silk Underwear
Pajamas Boys Sleeveless Sweater
Boys Golf Hose Tie
1 Pkg. Sheet Music 1 Harmonica
1 Can Mackeral Can Sprouts
1 Can Granite Can Pipe Drain
1 Package Hand Soap Soap 15c
Packages Soap Flakes Excelex
1 Package Cherrio Can Succotash
l Package Cream of Rice
l Quart Light Oak Varnish Stain
1 Cream City Loaf Pan
Half Pint Cans EnamellOyd
Wash Jobs Tire Repairs
l Goodyear Fan Belt for Any Car
1 Goodyear Tire Repair Kit
l Pair Split Leather Gloves
Tube Patch Kit Thermos Bottle
0kudIC dIAASM GhoAuCACU 1 Oh
House Dress, any size
Mans Overalls, any size
Yards Fast Color Print
Package Gillette Razor Blades
1 Keyless Kitchen Unit
Light Bedroom Fixture
Steak Dinner l Gallon Ice Cream
2 Pair Boys or Mems Tennis Shoes
Pair Ladies Bedroom Slippers
< Pounds Chocolates
Pony Keg Fitger's Beer
2 Gallons Oil Electric Table Lamp
5 Gallons Gas One Cold Pack Gamer
/ Purse Pair Hose
/ Sweater l Pair Pajamas
3 Pound Glass Jar Lakeland Coffee
1 Picnic Ham 81 in Trade
8 Carton Cigarets Dinner
5 One Year Subscriptions to The Redwood
Gazette
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1934-05-03
MOTHERS DAY AT U

The annual occasion on which moth
ers of all University students are in
vited to the campus for Mothers day
has been set for Saturday, May IL.
Approximately 10000 invitations
have been sent.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1934-05-03

l Ottoman Foot Stool
de Moore Fountain Pen
,r5rPounds NIB Coffee
a Suit or Dress Dry Cleaned
a Fishing Tackle Boxes
Child's Set (knife, fork, spoon and toy
Il Bottle Pernet Silver Polish
1 Nation Wide Sheet 1 House Frock
Pair Gaymode Silk Hose
Yards Linen TOweling
Pair Nation Wide Pillow Cases
1 Pair Big Mac Overalls
/ Package Moredge Blades
Mems BrOadclOth Shirt
3 Special $1.OO Steaks
ShampOOs and Finger Waves
4 Pair Mems Red Wing Work Shoes
Pair Women's Low Heel Cloth Sandals
+. 2 House Dresses 2 Children's Dresses
t3'Pair Women's Cotton Hosiery
Little Boys Wash Suits
8 Pair Children's Fancy Anklettes
Mems Br0adclOth Shorts
3 Mems Athletic Vests
Boys Broadcloth Shorts
Boys Athletic Vests
a Pair Mems Fancy Socks
Pair Rockford Work Socks
2 Sponge Holders Towel Holder
SOap Holder 2 Tumbler Holders
Can Porcelain Cleaner
1 Csc Can Drain Pipe Cleaner
1 Sack Chick Feed
l Mems BrOadclOth Shirt
l Boys Blazer Pair Boys Knockers
2 Pair Boys Stockings
Gallon Ice Cream
2 Cans Peas 10 Bars Soap
10 Pounds Sugar A Packages Gelatin
Pounds Cookies
One Pair Silk Hose
Silk Slip One Hat
$500 in Groceries
$1.OO Box Stationery
1 Pound Jar Cleansing Cream
SOC bottle Nyal Almond and Cucumber
Cream
" Dozen Laundered Flour Sacks
Dozen Cup Cakes Pie
10 LOaves Bread Dozen Rolls
Dozen Cookies
The Washington times., 1934-03-01

Made Of highly absorbent
materials. The men OF the
house will appreciate the gem
erous size of these towels.
Have attractive, colored bor-
ders.
The border vidette., 1934-03-31
No. .2066
tNOTICE or. FORECLOSURE SALE

W. .&OOO
sNOTIcE or: FORECLOSURE SALE
Ia the Superior Court of the
County of Santa of Cruz, State
OF Arizona.
Rae F. Leeker and Samuel
Leeker, her husband. Plaintiffs,
W.. j. F. Johnson Motor Co.. q
corporation; P. D. ClaRett and
Mary L. Clagett, Defendants.
Notice Is Hereby Given that
under and by virtue of writ of
Special Execution issued out OF
aud under the seal of the Su-
perior Court of the County of
Santa Cruz. State of Arizona. on
the 28th day of October, 1888.
upon a Judgment rendered and
docketed in said court on the
10th day of October. 1888, in an
action 10 said court wherein Rae
F. Leeker and Samuel Leeker,
her husband, were plaintiffs, and
J. r. johnson Motor Co.. q cor
poration, and P. D. Clagett and
Mary L. Clagett we're defendants,
in and by which Judgment it was
adjudged and decreed that the
plaintiff Rae F. Leeker do have
and recover of and from the defen
dant J. F. Johnson Motor Co.. q
corporation. the sum of Eleven
Thousand Dollars ($11 900 .O0)
with interest thereon at the rate
of eight per cent Is S%) per annum
since the 9th day of July, 1881,
said interest amounting at the
date of said Judgment to the sum
of Eighteen Hundred Eighty
three and 2O/1O0 Dollars ($l,-
8e3. 20). and amounting both
principal and interest at the date
of said judgment to the sum of
Twelve Thousand Eight Hun
dred Eighty-three and 20-1OO
Dollars ($12,883 2O) and that
said principal sum of Eleven
Thousand Dollars ($11.O00. .O0)
bear interest from the date
of said judgment until paid
at the rate of eight per cent
1877 per annum. and for the
further sum of Sixteen Hundred
Fifty Dollars($1650.0O) attorneys
fees in said action, and for the
further sum of Four Hundred
Fifty three and $4,000 Dollars
($453 08) paid by said plaintiff as
assessments and insurance prem
iums, and the further sum of
Thirty and 7O/10O Dollars
($30.70) costs of said action, and
that there be credited upon the
foregoing amounts adjudged in
favor of said plaintiff the sum of
Thirteen Hundred Fifty Dollars
$135O.OO). which sums so ad-
judged in favor of the plaintiff,
less the credit aforesaid. With
interest since the date. of said
judgment as therein provided
are now due. and that q certain
mortgage bearing date the 9th
day of January, 1880, made by
the defendant J. F. Johnson Mo
tor Co., . corporation, as mort
gagor to Rae F. Leeker as mort
gagee to secure the pay ment of
a certain promissory note for the
sum of E even Thousand Dollars
($11, ,OOO.OO) and interest at the
rate of eight per cent 1871 per
annum from date until paid, and
attorneys fees and other sums
therein mentioned, which mort
gage is of record in the Office OF
the county recorder Of Santa
Cruz county, Arizona, ia Book
13, mortgages of real estate, at
The border vidette., 1934-03-31

Page 298. be foreclosed, and that
the property mentioned and de-
scribed in said mortgage and
hereinafter described be sold to
pay and satisfy the several sums
adjudged in favor of said plain
tiff Rae F. Leeker, with interest
and the costs and expenses OF
such sale, and in and by which
judgment it was further adjudg
ed that the said first mortgage
is prior and superior to any
right, title, interest. claim or lien
of the defendants P. D. Clagett
and Mary l.. Clagett, or either
Of them, in, to or upon said prop.
erty or any part thereof, and
that the defendants in said action
and each aud all of them are
forever barred and foreclosed of
any and all right, title or inter
est 10, or claim to, or lien upon
said property, save only the
right to redeem said property
from the sale to be made as di
rected by said judgement, which
said writ of Special Execution
was to me as sheriff of said
county of Santa Cruz duly di
rected and delivered;
I will, at the front door of the
court house in the City of No
gales in the county of Santa
Oruz, State of Arizona. on the
28th day of November, 1888, at
eleven o'clock ia the forenoon of
that day. sell at public auction
to the highest bidder for cash
the real estate and property
mentioned and described in said
Judgment and in said writ of
Special Execution, and particu
larly described as follows. to- wit:
Beginning at q point on the
west side line of Grand avenue.
the said point being two hundred
and fifty (25O feet northerly from
the north west corner Of the in
tersection of Grand avenue aud
Elm street. and thence running
westerly at q right angle off Of
Grand avenue, and along the
north side line of Joues's Brick
Building. ninety-two aud two
tenths (92.2) feet to q point 90
the east. bank of the Arroyo;
thence northerly along the east
bank of the Arroyo, ffty-one
aud one tenths Isl y feet to
point; thence easterly one hun.
dred and two and fifty nine
ne-hundredths (1O2 59) feet TO-
q point on the west eide
line of Grand avenue; thence
southerly along the western
aide line of Grand avenue fifty
1907 feet to the place of be
ginning, and being q portion of
block twenty-e eight (Z8) of the
town (now city, of Nogales, Ari
zona, as the same is delineated
on the official map of the said
town. made by William Bradford
and approved by the Mayor and
Common Council of said Town,
Decem ber 18th, 1899. which map
is of record in the cffice of the
county recorder of said Santa
Oruz county, State of Arizona.
Dated October 28th, 1888.
II. J. BROWN.
Sheriff of Santa Cruz County,
Arizona.
By D. O. WILKEY,
Deputy Sheriff.
IL 4-4t.
The border vidette., 1934-03-31
ARTICLES or INCORPORATION
or THE
WELLS FARGO COMPANY OF ARIZONA

BE 1T KNOWN that we, the under.
signed residents OF Phoenix, Maricopa
County, State of Arizona, do hereby
associate ourselves together to form q
corporation under the laws of the State
of Arizona, and adopt the following
Articles OF Incorporation.
The border vidette., 1934-03-31

OF the corporation shall be forever ex.
empt from corporate debts OF any kind
whatsoever.
ARTICLE VIII
The corporation hereby appoints,
athorizes and empowers Mark b.
Thompson of Phoenix, who is and for
more than three years last past, has
been bona fide resident OF Arizona. it's
agent who may accept and acknowledge
service OF all necessary process or pro-.
cesses in any action. suit or proceedings
that may be had or brought against
this company in any OF the courts in
eaid State OF Arizona; such service, or
process or notice, or the acceptance
thereof by the said agent Endorsed
thereon to have the same force and Of.
feet as If served upon the President and
Secretary OF said Company.
IN WITNESS WHEREOF, we here.
unto affix our signatures this 9th day
Of January, 1888
MARK B. THOMPSON.
SAM H. KYLE,
M NJ. THOMPSON.
STATE OF ARIZONA. ! s.
county OI MdrIcOph
Before me, Helen C. Laughlin, a
Notary Public IN and for County Of
Maricopa. and State Ut Arizona. on this
day personally appeared Mark 3.
Thompson, Sam 81. Kyle and M. M :.
Thompson, known to me to be the same
persons who signed the foregoing in
.trument and sck nowledged to me that
they executed the same for the uses
end purposes therein mentioned.
Given, under my hand and seal OF
Office this 9th day OF January. AID. 1888.
HELEN c. LAUGHLIN.
Notary Public
(Notarial Seal)
My commission expires
Nov. Is, 1885.
ENDORSEM ENT
Arizona Corporation Commission In.
corporation Division.
Filed January g. 1888 at ii :00 o'clock
A. NJ, at request of Mark B. Tbomp.
son. whose address is Security Bldg,
Phoenix, Arizona.
WILLIAM COXON,
secretary.
BY PEARL SLAWSON.
The border vidette., 1934-03-31
ARTICLE w

The time OF the commencement OF the
corporation shall be the day these
articles are filed in accordance with the
law. and the termination thereof shall
be 25 years thereafter, with privilege
oftrenewal and right OF perpetual: suc-
The border vidette., 1934-03-31

associate ourselves together to form q
corporation under the laws of the State
of Arizona, and adopt the following
Articles OF Incorporation.
ARTICLE l
The name OF the corporation is The
Wells Fargo Company OF Arizona, and
its principal place of transacting bust
ness in Arizona is Nogales. Offices
may be established. business transacted
and meetings OF stockholders and di-
rectors held at such places within or
outside OF Arizona as the Company
shall provide.
ARTICLE II
The general nature OF the business
proposed to be transacted by this cor.
poratiop, and in which 1t is to engage
is: to carry on general shipping and
forwarding BUSINESS, including the re.
ceiving. handling, shipping, forward
ing and transporting Of goods. wares,
merchandise and all classes of freight
by land or water; to carry on the bust.
ness OF exporters and importers as
principal, factors, agents or commission
merchants in respect to buying, selling,
trading, or dealing in any kind or kinds
OF goods, wares and merchandise; and
to do q general brokerage, commission,
import, forwarding and export busi-
ness; to engage In the importation OF
fruit, vegetables and other prod ucts,
raw and manufactured, from South
American, Central American, Mexican,
West Indian and other foreign ports or
places; to trade generally in all manner
of foreign and domestic products raw
and manufactured. Without in any
particulsr limiting or restricting any
of the other objects and powers OF the
corporation. it is hereby expressly de-
clared and provided that the corpora
ton shall also have power to issue
bonds and other obligations in pay
ment for propsrty, including shares OF
stock and other securities, which may
be purchased or acquired by It, or for
money borrowed. or for any other law.
ful object in and about its business; to
mortgage or pledge any property which
may be owned or acquired by it, or In
which It may be interested, to secure
any bonds, guarantees or other obliga-
tions by it issued or incurred, to guar
antee any dividends, bonds. contracts.
or other obligations Of any person. CO.
partnership or corporations; to make
and perform contracts OF every kind
and description; to declare dividends
payable in cash or otherwise as may be
permitted by law: and In carrying on
It's business, or for the purpose OF at
tanning or furthering any of it's objects
or purposes, to do any and all other
things and exercise any and all other
powers which now or hereafter may be
permitted by law.
The border vidette., 1934-03-31
ARTICLE vi

The highest amount of Indebtedness
or liability to which the corporation is
at any time to subj bject itself is Sixty.
Five Thousand 1866. OO0. 00) Dollars.
ARTICLE VII
Private property Of the stockholders
The border vidette., 1934-03-31
ARTICLE III

The amount OF the authorized stock
OF the corporation is One Hundred llOO)
shares Of no par value. ell OF which
stock when issued shall be full paid
and non assessible.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-29
COTTON FALLS
FROM PEAK

NEW YORK. June 20 G.N.S0.
Cotton futures receded to the
previous close late in the fore
noon today, after an early rise
had carried the list to the highs
for the current move registered
on Tuesday.
The setback was brought about
by a rush Of speculative profit
taking after prices had risen ap-
proxomiately 81 bale since the
close on Wednesday. Sentiment
was also affected by the general
disappointment expressed in
speculative circles over President
Roosevelt's radio speech last
night.
In addition to the Wall Street
and professional liquidation, the
market was forced to cope with
slight increase in southern and
New Orleans selling. The chief
support came from brokers acting
for Japanese interests and do
mestic mills. Local traders bought
sparingly during the morning.
The underlying tone of the mar
ket, however, continued firm as
the feeling prevailed that a great
part of the 10-cent loan cotton
must have been sold. Traders re-
called that this was what checked
the February advance and held
the market for a long time in the
neighborhood of the 12-cent level
as buying ate into such offerings.
Lately since the rise above IL
cents, such cotton has again been
coming out, but in lesser guam
titles.
At midday futures were I'M
changed to l point higher, with
July up / at 1928, October UNI
changed at 12.47, and December
unchanged at 1851.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-29
BIC PARAMOUNT
BATTLE OVER
PLAN SEEN


With the bankers considering
an assessment on holders of the
common stock, sharp clash
looms over the pending reorgani-
cation of Paramount Publix Cor
poration, one of the first of the
big companies in receiverShip to
act under the new bankruptcy
law.
While no official comment
could be obtained, the purpose of
the aSSeSs~" ent would be to pay
off part u the $13,000,000 loan
made by a banking group to the
corporation a year before it went
into receivership.
Kuhn Forming Plan
Kuhn, Loeb and Company, Par
amount bankers, have been work
ing on a reorganization plan for
months. The court application
was filed by the bondholders COM
mittee headed by Frank A. Van
derlip, who, sailing for Europe to-
day, said his absence would in no
way delay the reorganization.
The fight of the common hold
ers will center around the asser-
ton that earnings have been run
ming we'll in excess of interest
requirements on both bonds and
bank loans, and that current
cash holdings of the parent COM
pany and producing subsidiaries
is around $10,000,000.
There also is an unsettled
legal question regarding the $13,-
900. 900 loans, bondholders claim
ing that pledging the film in.
ventories as collateral was con-
trary to the indenture. Stock
holders also believe that the new
bankruptcy act is designed to pro-
tect equities as far as possible.
Hearing Scheduled
Liabilities of the Parent Com
pany in addition to the bank
loans include $4,000, 900 bonds
and approximately $15,000,o00
trade creditors and other claims.
A general court hearing is
scheduled for July 10 at which
representatives of stockholders,
creditors and bondholders will
appear. Auditors for the bankers
have completed a report, not yet
made public, while the firm of
Coverdale and Colpitts are work
ing on another report for the
stockholders committee.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1934-06-29
VALLEY STEEL
RATE HOLDS

Steel plant operations in the
Youngstown district at mid-week
were holding at 50 per cent of
capacity, the rate at which the
week opened, and 9 points under
last weeks 81 per cent average.
Prospects for another district
decline next week, although small
err, are increasing but youngstown
district mills will close the second
quarter with an average produc-
ton for that period of 60 per cent
for the first time in four years.
The three independent raw steel
producing companies in the
youngstown area will show Sec
ond quarter profits.
Sharon Steel Hoop Company
during the past three months
probably increased it's earnings for
the first six months to IS cents or
more common share. Sharon
operated through the three
months at about so per cent of
capacity. It's strip mills for the
same period averaged above IS per
cent. The larger Independents
here, although making a less fav-
orable showing than Sharon be-
cause of their large capacities for
other products than those in
strong demand, such as strip, in
which the Sharon Company spe-
cializes, will issue good earnings
statements.
Republic Steel Corporation
earnings for the quarter ending
June 80 probably will equal the
$750,000 in preferred stock divi-
dends. Youngstown Sheet and
Tube Company, which operates its
plants close to so per cent during
the second quarter, is likely to re-
port a small profit for the second
quarter.