davidaulloa/AmericanStories huggingface dataset:
Evening star., 1936-08-31
Stock Averages
compiled by the Associated PressJ
BY VICTOR EUBANK,
Associated Press Financial Writer.

hooOIAatCQ EACoo AhoASAoA "AAbN''
NEW YORK, August 3l.-The
strong undertone exhibited by steels
and specialties was a supporting in
fluence in today's stock market.
Profit taking was encountered in
other departments, however, and the
close was a trif1e irregular. Transfers
approximated 100000 shares.
While earnings and dividends were
cheering to stockholders generally,
brokers said some of their customers
were reluctant to extend commitments
70 any great extent because of the
cloudy European outlook.
Realizing, although bit more pro-
nounced, failed to disrupt the majority
OF the leaders and selling, on the
whole, was claSsed as "unimportant."
The steels apparently were unaf-
fected by the estimate OF the Amer
ican Iron and Steel Institute placing
current mill operations at 71.5 per
cent of capacity, 1-point recession
from last week. 1t was not over
looked that this rate compared with
45.8 per cent in the corresponding 1895
week.
United States Steel preferred got
up more than a point to a new five
year top. Others ahead fractions to
a point or more included United
States Steel common, Bethlehem,
youngstown Sheet g. Tube, Interlakc
Iron, Crucible, Ludlum, Auburn.
Chrysler, General Motors, Deere,
American Telephone, Packard, Con-
solidated Edison, North American,
Anaconda, General Electric, Du Pont,
Goodyear, Evans Products, Bucyrus-
Erie, General Gable, Baldwin Loco
motive preferred and Philip MorriS.
Backward were Sears -Roebuc,-
Montgomery Ward, Douglas Aircraft.
Boeing, United States Smeltirc.
Standard Oil of New Jersey. Unto
Pacific, New York Central and Souti
Prr Pacific
Evening star., 1936-08-31
WOOL FAIRLY ACTIVE
AT BOSTON IN WEEK
v the Associated Press.

ey tDe Associated FresS.
BOSTON, August 81 Omitted States
Department of Agriculture) The
market for domestic woods here was
fairly active during the last week.
Price resistance slackened trade to
some extent. but there was enough
persistent demand to keep prices
tending against the buyers of num-
Der Of grades.
Territory woods of SIS and finer
grades were inclined to advance.
Strengthening was particularly no
ticeable late in the week on good
length original bag territory and
Texas woods. Ohio fleeces held
steady to firmer on sales of fine de-
laine at 1886 cents in the grease,
y blood staple at SO cents, combing
9s blood at 1899, and u blood at
1888.
Evening star., 1936-08-31

Bleachable cottonseed oil futures
closed firm. October, 10.o5b; Decen-
Evening star., 1936-08-31
M'LELLAN QUITS STORES.

NEW YORK, August 81 (R.-The
resignation of w. w. Mcclellan as
president of Mcclellan Stores Co. was
announced by George K. Nor
row, chairman Of the board. F. @.
Coburn, a member Of the engineer
ing firm of Sanderson & Porter, sue
ceeds Mcclellan as president and as
a member of the board from which
Mcclellan also resigned. The concern
operates q national chain of cents
to 81 stores.
Evening star., 1936-08-31
New Orleans Prices.

NEW ORLEANS. August 81 R.-Cotton
was 1 to 2 points higher at the opening
today. Light buying based on better
cables lifted options October opened At At
1923; December at 1873. March ct II AZ
and May at lI46 Subsequent sales dur
ing the first half hour were within q
point or two Of these levels. Cottonseed
Oil opened steady. September. s;5On'
94sb, March. $50. Bid.
Evening star., 1936-08-31
CHICAGO GRAIN
BY une Associated Press.

by lI1t ASSOCAdleO
CHICAGO. August 31.-Firmness
grain values gave way to distinct weaE-
ness today as wheat and corn price
declined at times about cent bushe
September corn dropped almost 5
cents from an early high Of $l.08i4
Selling of corn, which influenced SYM
pathetic liquidation in other pits, fol-
lowed release of private crop esti-
mate indicating corn production pos
sibilities in the United States had
been improved by August rains. This
estimate placed 1896 production a;
1.47s, ,999 ,999 bushels, an increase OF
100000 900 bushels over the August /
Government forecast.
Corn closed ia lower to u higher
compared with Saturdays finish, Sep
tember l.06l2al.07, December S27sa
90, and wheat was ssa7s off, Sep
tember 1OS7sa1.09, December 1.08isa
l.0814. Oats lost asa14. rye 7sal g..
and barley was unchanged. Lard
gained 8 to 7 cents.
Evening star., 1936-08-31
new YORK COTTON
Bv the Associated Press.

By the Associated Press.
NEW YORK, August 31.-Cotton
showed considerable strength today
during the morning on trade buying
and scattering demand encouraged by
the failure of weather reports to show
more general rain in the Western belt
and tendency to reduce crop estimates
Advances of II to 13 points met
somewhat increased hedging, however,
and prices eased during the afternoon.
December reacted from 11.49 to 11.4l
with the midafternoon market ruling
about to Z points net higher.
Evening star., 1936-08-31
QUALITY OF CANADIAN
WHEAT CROP is HIGH
special Dispatch to The Star

EptClhi bispdlSA W 4hS oeoA
NEW YORK, August 31.-Wth
wheat threshing now general in Mani
toba, Saskatchewan and Southern and
Central Alberta. inspection returns
confirm earlier indications that while
the crop will be lighter than last year
and Of uneven distribution the grain
is of excellent quality, according to
the Bank of Montreal's Canadian crop
report.
In Quebec crops have made good
progress and conditions are favorable
to harvesting.
In Ontario recent rains have been
beneficial to late crops. Fall wheat.
now harvested, was an average yield
Of good quality and Spring grains
were light crop.
Evening star., 1936-08-31
COCOA SEAT HIGHER.

NEW YORK, August 81 R.-A new
York Cocoa Exchange seat was sold
for s2,500, an increase of $3.50 over
the previous price paid. Commodity
circles here attributed the increase to
recent activity In cocoa trading.
Evening star., 1936-08-31

Baltimore Quotations.
BALTIMORE August 81 OP.-Wheat.
No. 2. red winter garlicky. spot domestic.
l.10h: August. 1.10h.
Evening star., 1936-08-31

Canadian Pacific Railway Co.-July
net earnings were $s7s,o9s, against
$1,526,1S1 in July, 1885 in seven
months net earnings were $7.77o,099,
against $7,58s,2
Evening star., 1936-08-31
Futures closed steady. 3-6 hlgner.
Cottonseed Oil.

Spot steady; middIing, II.76.
Nominal.
Evening star., 1936-08-31

Central Illinois Light Co.-Preferred
share earnings. IL months ended July
81, was 1882, against $18.40.
Evening star., 1936-08-31

Liverpool wheat Pr1ces.
Liverpool. August 81 lP.-Wheat fu-
lures closed firm.
Evening star., 1936-08-31
Chicago Cash Market.

Chicago cash Market.
Cash wheat-No. / red, 1.13; No. !
hard, 1.16l2: No. hard, 1.16; No. !
mixed, 112-1l3; corn, No. 2 yellow,
109-1.1O1a; No. 8 yellow, 108l2-
10912; No. 1 white lake billing, 1.24;
No. 2 white lake billing, l.24h; No. 2
white Illinois proportional 1851; No.
2 white outside weight, l.27; No. 3
white, las; sample grade. 1.05-1.o5l2;
oats, No. l white, 45-46I2; No. 2 white,
44-46; sample grade. Al; rye, No. /,
9212; sample grade. "a; soy beans.
No. yellow, 1.5O; barley. actual sales.
lbs; feed, 70-85, nominal; mailing,
1.1O-1.36, nominal; timothy seed,
5.90-615; new crop, 5.50-5.75; clover
seed, 1500-2200.
Liverpool Wheat Prices.
Evening star., 1936-08-31
ber, 1002b; January, 10.04b; March,
1906. Sales, 80 contracts. Bid.
IiyerpooI Quotations.

LIVERPOOL, August 81 R.-Cotton,
10000 bales: American nil: spot in limited
in pence: Strict good middling. 80:
good middling 100 strict ,,sSl,n middling ss9: s9
low middling. 500 strict good ordinary,
$40; good ordinary. 40: futures closed
steady. october, 61S: December, 6.l2:
January, 6.13: March. GA; May o.14'
July 613.
Evening star., 1936-12-20
Why Not Try 1t?

Commissioner Hazen has given q ra-
tional answer to the request Of school
officials that the Commissioners seek
Budget Bureau approval Of separate leg
tslation authorizing q five-year school
building program. He has told the
school authorities that until the Presi-
dents investigation of the fiscal rela-
lions question is concluded and the rec
concentrations made known the Com
nnissioners' hands are in effect tied. They
have no way of knowing how much
money they would have to spend under
whatever plan the President favors, or
whether the funds would be enough to
finance the building program SO urgently
needed for the schools.
That Is entirely correct. But at the
same time something would be gained
by the Commissioners and by the local
community In Budget Bureau recogni-
ton of the need represented in the
school-building program. The Commis-
siorers are In q position to present q
most effective argument in favor Of
separate school building legislation. Were
that legislation approved by the Bureau
of the Budget, . step would have been
Evening star., 1936-12-20
Teachers Salaries.

During the worst period Of the de-
preston it was inevitable that teachers
salaries should be cut. In some States
great numbers Of schools were closed;
in others policy Of consolidation re-
suited In increase Of responsibility CO.
incident with decrease In wages. The
problem OF getting back to normal now
engages the attention Of thoughtful
citizens everywhere. And it Ia COM
monty realized that it ID 1 national issue,
no longer merely neishborhood concern.
But the local communities, it seems,
must do their part to the utmost. The
purposes Of freedom and progress In
education are served best where the task
Of supporting cultural institutions Of al
kinds Is faced by the people most init.
mately concerned and advantaged by
their maintenance. Yet In emergencies
like those Of the depression years the
funds available for such use frequently
disappear. The Federal Government,
naturally enough perhaps, gathers prac-
tically all Of the taxable wealth to be
found anywhere In the Union. It follows
that Federal aid for the schools of the
poorer areas Is imperative. The Harrison
Fletcher bill. soon to be resubnitted to
Congress, aims to provide an initial
appropriation Of 800 ,ooo.o 900 and an In
crease Of $5o.00o.ooo year until $780,
100000 d distributed among the States
Evening star., 1936-12-20

gained In the tedious process Of obtaining
congressional approval. And if such
approval were forthcoming and even II
the legislation were enacted it would not
mean that the money necessarily would
be appropriated Immediately. The legis-
lation would merely authorize. not ap-
propriate, the necessary funds.
OF course, it is T. question whether the
Commissioners could secure Budget Bu-
reau approval Of the legislation. The
Budget Bureau might take Mr.. Hasen's
view that 1t can do nothing until 1t
knows the amount and sources Of reve-
nue. to be available. But that is bridge
to be crossed later. In the meantime.
it would be gratifying to find the Com
missioners urging Budget Bureau ap-
proval of the legislation instead Of
merely watchfully waiting to see what
is going to happen.
Evening star., 1936-12-20

growing in strength and volume with the
passing years.
Hence on this latest Christmas day,
and in the face of o confused, harassed
and bewildered world we dare to believe
that, despite all that's said TO the con-
trary, and despite all that cynics and
skeptics may affirm, this Christmas tide
finds more men and women, the world
over, more generously, more kindly dis
posed than at any time since Christ was
born.
It Is true that the finer and better
qualities in human nature grow and de-
velop slowly. Weeds are prolific and they
overshadow and dwarf the lovelier things
of nature. To extirpate the weeds and
to cultivate the flowers means eternal
vigilance. Vice now and again discloses
q strength that makes virtue seem poor
and weak, but when o crisis comes and
the world knows not what course 1t Is
safe to follow, 1t is compelled to turn
to one whose strength Is as the strength
Of ten, because his heart Is pure"
1t were well that ut this happy season
We sought to reappraise those elements
and qualities In our life that are the
preservatives - the preservatives that
make 1t possible for life TO 90 on and Tor
its most cherished institutions to endure
Something changed the course of events
when Christ was born In q rude stable
In Bethlehem. It not only changed the
course of events In q country far re-
moved. 1t has changed, beyond any re-
corded event In the long chronicle of
time, the standards Of living and placed
them on higher level than ever before
known.
There Is need, desperate need, Of that
which the advent Of the Prince Of Peace
was designed to bring, and let us believe
that the softening. sustaining influence
Of His life is gradually. II slowly, per-
meating and renewing the hearts of men
the world over. There is nothing we need
so much in home, ONCE, factory, and in
deed in every walk Of life, as that which
Christmas stands for and expresses
Peace on earth, good will to men!"
Evening star., 1936-12-20
CHRISTMAS. 1896
BY THE RIGHT JAMES FREEMAN, D, Ii. D. l..
BISHOP OF WASHINGTON.

When the World War broke In August.
1914, q high minded friend of mine who
had been a consistent and reverenf be-
lever in the Prince Of Peace, asked me
the momentous question: How can you
consistently preach at the approaching
Christmas the glad message that her
aided the advent of Him whose coming
was ushered in with the words. Glory to
God In the highest and on earth peace,
good will to men?"
I confess that his query was arresting,
and it is arresting today. That after the
long centuries wars are still universal
and that they increase in violence and
in their toll of dead and wounded pre-
sents to the thoughtful, yes, and to the
reverent follower of the NaZarene,
problem diflcult Of solution. To the
cynic 1t is the confirmation of his theory
that human nature cannot be changed
and that strife and struggle and the sur
vival Of the fittest Is and will continue
to be the inexorable law Of life. Were
we to accept this dictum, and were we
to believe that the law Of Christ Is for
gotten and outmoded. we should be facing
future dark and shadowy. Whlle IL Is
true we are still living in q world where
strife and struggle, wars and rumors Of
wars are the universal practice. may we
not believe, and believe despite prevail
ing conditions. that there Is growing, and
growing with increasing intensity and re-
solve in the hearts Of men the world
over, determination to mitigate and
lesson the causes that lead to war, and to
set forward and promote the causes that
lead to the amicable and peaceful settle
ment of disputes? Scoff as some may
at good neighbor policies" 1t is increas-
ingly evident that they are growing in
favor and gathering to their defense
ever larger numbers Of adherents. We
are also beginning to learn that beyond
all the covenants, openly or secretly
made in chancellories by diplomats, the
people, and more particularly the youth.
have q voice, and potent one, that Is
Evening star., 1936-12-20

defend the Philippines in the event OF 4
Pacific war?
The Army argues against defense as
an impossible task for this country, now
that the airplane and the submarine
have altered the problem Of defense.
The Navy wants to 60 ahead with plans
for defense, which will involve q definite
big Navy" policy. Mr.. Roosevelt Will
be called on to decide the argument.
y ~
The President Is known to be tempted
by the possibilities Of dramatic ap-
proach to the problem OF European
peace. But, like Henry Wallace, he
doubtless is aware Of the depth Of public
sentiment in this country in favor Of
staying out of the squabbles OF Europe
and the Far East. Still. he knows that
the alternative to new experiments IN
this country and q showdown fight with
the Supreme Court lies in revived world
trade.
The best bet seems to be that President
Roosevelt, for the time being ut least,
will. hold aloof from the maneuvers
abroad, watching all the time for an
opening that will permit him to use his
influence ana that of the country IN
the interest Of continued peace.
(oopyrtsht, 1e3e.)
Evening star., 1936-12-20

and Territories according to the number
of children five to twenty years Of age
In each. Application Of the money to
the needs Of different sections of the
country Is left to the State authorities
to manage.
Meanwhile, it would be an error to
suppose that Federal aid alone will be
competent to correct prevailing condi-
tions. It happens that there are approx
mately forty million children Of school
age standing In want Of help toward the
advantages Of proper training for the
duties and obligations of life. To give
them that assistance society must be
generous to the point of sacrifice. Local
support is the first requirement: Federal
endowment simply cannot be regarded
as anything more than. to employ Presi-
dent Roosevelt's phrase, printing of
the pump"
In the matter of teachers salaries
particularly the duty of each individual
community is manifest. Such wages
generally are spent locally, but there are
even more important reasons why they
should be paid locally-a certain definite
relation between the personnel Of the
schools and the people is . good bond
to preserve as q protection against over
regimentation.
Primarily and without respect to ways
and means 1t is the basic issue that is
supremely significant. The elemental
factor In American civilization is the
human factor. Every penny invested in
education, however obtained, is con-
structively spent. The dividends are the
imponderable blessings Of dominion over
circumstance.
Evening star., 1936-12-20
Shooting Stars.
BY PHuANDEE JOHNSON.

Seasonable Remarks.
In the Merry Christmas season
There Is every sort Of reason
To avoid indignant thought Of any
kind.
You must not be grim or surly.
You must learn to say, Shop Early"
And sometimes you must murmur
Never mind"
When the streets lead on to skidding,
When the manners are forbidding
OF the gangsters who are wholly un-
refined.
You will often feel you've got to
Add another Christmas motto
To the list and keep repeating
Never mind"
Evening star., 1936-12-20
Crisis in Cuba.

following the election of President
Miguel Mariana Gomez have been sud
denly shattered. After brief tenure Of
ofice he is confronted by the prospect
Of impeachment proceedings because he
dared to oppose revenue measure spon-
sored by the army and the would-be
military dictator of the island, the ambi-
tious and restless Colonel Fulgencio
Batista, the power behind the Havana
throne ever since the revolt against
Machado three years ago. Partisan pas
sions, which so long kept the country
in q state of disquiet and alarm. are
boiling again as consequence OF reports
that Batista may resort to coup d'etat
to unseat Gomez, unless the President
resigns in the face Of threatened i'm
peachment. The situation, though not
yet clarified, bristles with explosive pos
sibilities, and the danger Of another
island-wide upheaval must be contem-
plated.
Matters hastened to q climax on Fri
day after passage by both houses Of
Congress of q new revenue bill placing
q nine cent tax on each bag Of sugar
produced in Cuba. The purpose Is to
raise $4,000 900 q year for support Of
rural schools sponsored by the army for
the spread OF education along lines
which President Gomez and his sup
porters contend are designed to lay the
foundations for fascism in Cuba. For
that reason the government brought all
possible pressure to bear to defeat the
BILL It was made known that II the
measure was passed, President Gomez
would veto 1t. Even the assurance that
President Gomez would accept enact
ment over his veto as constitutional
act failed to pacify the army group. The
latter persisted in plans to impeach the
President on the ground that he had
violated the constitution by attempted
interference with the legislative power
through public statements and political
wire-pulling.
There matters momentArily rest. In
case Of President Gomez's removal, as q
result Of resignation. impeachment or q
military revolt, he is expected to be re-
placed by Vice President Laredo Bru,
an aged but shrewd politician, who is
on good terms with the army, which
probably means subservience to Batista.
As is usual at times Of turmoil in Cuba,
and despite abrosation Of the Platt
amendment, there Is anxious interest in
what the United States would do, should
there be another cycle of unrest such as
followed the Machado crisis and its pro-
longed aftermath. Proponents Of i'm
peachment are confident that Washing
ton would approve any procedure that
is duly authorized by the Cuban con-
stitution.
President Gomez took office last May
amid an era of good feeling, which prom
ised a period Of political calm in fac
tion-ridden Cuba. His regime had the
nominal blessing of Colonel Batista, but
it Is now apparent that the army is
determined to retain a predominant in
fiuence on national affairs and is disin-
clined to yield to the civilian authority
even in such wholly non military fields
as education and taxation. Due pri-
marily to the reciprocal trade agreement
with the United States, Cuba's economic
condition is undergoing steady improve
ment. 1t would be thousand pities If
a recrudescence Of ancient politico-mili-
tary strife were to arrest its progress.
Evening star., 1936-12-20
Member os the Associated Press,
Horse Before the Cart.


Usually it is the wise thing to put the
horse before the cart. That, 1t is now
reported, is what President Roosevelt
intends to do in the matter OF relief
appropriations for the coming fiscal year.
which begins July l next. 1t is his plan
to learn what those needs are likely to
be before submitting to the Congress
estimates for relief expenditures. In
order to give time for such a study, he
will withhold proposals for relief appro-
priations until the Spring.
Coupled with this report OF delayed
relief estimates is another. to the effect
that the administration will undertake
some kind Of a census of the unem-
ployed throughout the country. Owing
to the seasonal rise and fall Of employ
ment in certain lines Of activity, and to
the more or less temporary character OF
other employment. it is difficult in the
extreme to get an accurate picture OF
unemployment. The President has been
IaNOTAUlS, IL 10 SdAu, W q H1oA AVA wa
registration of the unemployed. Such q
plan, If adequately advertised and known
to all the workers, might prove q dis
tinct success.
To continue to appropriate billions of
dollars for the relief of unemployed
workers without knowing with q close
approach to exactness the actual num-
Der out of work would be the height Of
folly. When funds are available-large
funds-to be given away there Is usually
q considerable number Of takers. 1t Is
exceedingly difficult to ascertain correctly
whether or not these benefits are prop
erly bestowed. The tendency to use
funds unwisely, but for political advan-
tage, is not new. both in direct relief
and In so-called work relief
No one wishes the unemployed in this
country to suffer. The appropriations
for relief should be adequate. How
ever, there has been o great revival OF
business and with it greater employ
ment all along the line. In such cir
cunlstances 1t Is incredible that relief
appropriations will need to be as large
as they have been In the recent past.
And yet it will be hard task to pry
loose some Of those who have been on
relief and work relief. They prefer,
many of them. regular relief funds to
taking q chance with employment which
may be temporary. Possibly some plan
may be developed so that man or
woman may 60 from relief to work and
when that employment ends back to
relief. 1t may be possible to grant relief
to those who work only few days in
the week in private employment, without
granting the whole weekly relief fund.
There will be estimates for relief to be
used during the remainder of the present
fiscal year, 1t Is said, despite the large
appropriation made by the last Congress.
This Is due in part to the drought con-
ditions which existed in the States Of
the Middle West and the Northwest dur
ing last Summer. 1t may be that five or
six or seven hundred million dollars will
be needed for this purpose. Estimates
for this appropriation doubtless will be
transmitted to the Congress soon after
1t meets. When it comes to the estimates
for the succeeding fiscal year, however,
the President will do well to wait until
he has all the facts aS far aS ran hA
ascertained, at his finger tips.