davidaulloa/AmericanStories huggingface dataset:
Evening star., 1937-06-05
BY VICTOR EUBANK,
Associated Press Financial Writer

NEW YORK, June 5.-stocks got
on to good start in today's brief
market session but, aside from fav-
ored specialties, most fell back under
week end profit selling.
The overnight news grist provided
nothing startling marketwise and
many traders, believing yesterdays
late rally was largely due to the dry.
ing up Of offerings following the pro-
tracted decline, decided to cash In
some OF their gains and wait f0
what may happen next week.
The gold fever appeared to have
abated in the wake Of the Presidents
warning against worry over this situ-
alton. The price OF the yellow metal
was lifted about l cent an ounce In
London and stable purchases were
made for American account.
While sporadic strikes in Chrysler
and General Motors plants were SET
tied. there was no sign OF q break
In the steel labor deadlock and some
steel issues lost advancing vigor. Farm
implements achieved considerable
popularity for time, but they failed
to hold at the best.
After q fairly active first hour the
volume dwindled. Transfers were
around 10000 shares.
Shares on the topside as much as
2 points or so most Of the time-sev-
eral retarded before the finish-wers
j. I. Case, Deere, International Har-
vester, Marshall Field, Montgomery
Ward. Coca Cola, Allis Chalmers. Vel.
low Truck. Inland Steel, American
Steel Foundries, Republic Steel, Briggs
Manufacturing, Western Union, Con.
solidated Edison, Howe Sound, Ana
conda. Kennecott, Cerro de Pasco,
American Smelling, Phillips Petro-
leum, Du Pont, General Electric, New
York Central, Southern Railway,
Chesapeake 6s Ohio, General Ameri-
can Transportation, Air Reduction.
Loew's and Liggett d Myers "B."
Inclined to slip were United States
Steel, Bethlehem, General Motors,
Chrysler, Goodyear, Sears Roebuck,
Woolworth, Boeing, Douglas Aircraft,
North American, Electric Power Il
Light, Phelps Dodge. Seaboard OIL
Amerada, Certain-teed, Westinghouse,
Santa Fe, Southern Pacific and Great
Northern.
Further liveliness of farm ma
chinery stocks again reflected bright
ening prospects for unusually large
crops this year with resultant ex-
pansion Of agricultural incomes. Crow
ing demand for equipment was said
to be keeping manufacturing opera.
tions In implement lines at high lev.
els.
Despite a high rate Of tractor pro-
duction during the early months, or.
ders were understood to have pushed
above output with backlogs Of leading
makers now exceeding those 1T the
close Of 1886.
Evening star., 1937-06-05
CHICAGO LIVE STOCK.

CHICAGO. June s N, Omitted States
Departmert Of Agriculture) Hogs. 5000,
including $500 direct; practically ali
fresh receipts direct: nominally steady;
shippers took none: estimated holdover
1000: compared week ago, packing sows
strons to IL higher. pigs steady. others
rd:9 last Week doed .nS So ehoiss se@9::se ssss
sharing advance; strictly good to prime
medium veisht and heavy steers 1925
lower. with medium grades and common
and medium yearlinGs and light steers
steady. only grassy kind showing 2b de-
cline: -grass heifers 25 lower. readjust-
,ss.; ,,tsss hs,isT .,n,. and COW market COWS
grass heifers and grass. steers have to
yealers. rs higher: stockers and feeders
2t lower: prime heavy steers topped at
l4;7b; next highest price 1885; prime
lixht steers. IA 80: long yearlings. 1875;
Iight yeerltng steers. 1926; hetfers, 1880;
1859 1857 FED steer rum with bulk at 1880
sheep. 1000: no directs. For week
Friday last week: Good and choice ewes
and vether native Spring lambs, 90
1.2b hisher; most clipped lambs rs and
more up; sheep strong. some heavy ewes,
sHrips s p l.mb,, 1923: Others, II 5o-is. 90;
sna xssh.1.; spgns amSa anSss
lQ.to-l2; 10: nrst Idahos here this week
clipped lambs 1880: weeks bulk, 9.OO-
1880. load lots downward to 500 and
7.76; sasushter ewes mostly 3.OO-4.6O.
Evening star., 1937-06-05
VIRGINIA ISSUE OFFERED.

NEW YORK, June (speciaD -
Offering was made today Of . new
issue Of $47s,000 Commonwealth of
Virginia per cent certificates Of in
debtedness by = banking group COM
prising Lehman Bros. Graham, Par
sons q Co., and Hemphill, Noyes d Co.
The certificates, dated July l, 1897,
and due July !, 1e47, were priced at
102 and accrued interest. They are
legal investments. In the opinion Of
the bankers, for savings banks and
trust funds In Virginia, New York and
Connecticut
Evening star., 1937-06-05

night during the
annual outing at
the Manor Club.
He has been vice
president during
he last year and
succeeds Thomas
9. Montgomery.
Other officers
>lec ted were
Thau n c ey G.
oarker, jr., Of
\ u c h ! n c ! os s,
>Arker e. Red
"ath, vice presi-
.nt;; George M.
'erris Of George
r Nav-p{S ~ ~
Evening star., 1937-06-05
DOLLAR GOES DOWN
IN LONDON DEALINGS

LONDON. June 5.-Exchange con-
troll authorities and others again sold
dollars to buy gold today.
The United States unit was quoted
1884 to the pound, 9~l6 Of 4 cent
lower, at the close Of dealings. New
Yorks final sterling rate yesterday
was $4931a.
French francs ended 110.69 to the
pound, against 1906 the day before.
Evening star., 1937-06-05
U. S. TREASURY NOTES.
tReported BY chas. D. Barney T. Coz
q. s. TREASURY POSITION.
By the Associated Press.

Tho position Of IT, Treasury on JdnA3:
Receipts. $22 seQys8.45;- expenditufS
ea.toms receipt. l0r the month. 81. szs.-
64O.14.
Receipts for tt fscal year fsince July
1856. .s2O,O1O.18. including 81. 1925. .625-
42S SO Of emeroency. expenditures: excess
Sse sec1e... .f'cs q
Sl3. sol 50 ynder the previous day: gold
aaaetA SO39, 165. $50. So, including SSO7,-
g.; ,o03.4A Of inactive gold.
Evening star., 1937-06-05
NEW YORK PRODUCE.

bsse stesd1 ues centfsIi~7,d Ii~dSutts6. aG ls21:
2oN-30. Other trades unchanged.
Cheese, 100.268: quiet. Prices un-
Esgs. 80. 102: steady. Mixed prices un-
changed.
Dressed poultry steady. Fresh \aud
Lave. poultry. BY freight, nominal Nc
suotaton1. BY express steady. Prices
Evening star., 1937-06-05

-, CHICAGO. June 5 HP.-Following is
the complete of11cial list Of transactions in
stocks on the Chicaso Stock Exchange to-
Evening star., 1937-06-05

Bleachable cottonseed oil futures
closed steady, 2 to lower. Sales. 81
contracts. including four switches.
July, 9.s0b; September. 9.82b; Decem-
Der, 9.74b; January, 9.76. Bid.
Evening star., 1937-06-05
MONTREAL SILVER.

closed steady, 3 to Is higher No sales.
Juy - .eOb; eeptsmbsr. 44.7ebs 0peenhsx.
Evening star., 1937-06-05
BROWN ELECTED
BOND CLUB CHIEF
Succeeds Thomas Mont.
gomery After Years Serv-
Ice as Vice President.
by EDWARD C. STONE.

DI EOVhhD =. SIONE.
L. Clark Brown, member Of the
Investment arm of Brown, Goodwin
~ Olds, was elected president Of the
Bond Club of Washington last
Evening star., 1937-06-05
Approximate Sales az Stoc,

Approxmate Sales q Stocks the n Stock ExchAnge
11:00 AM.---- 100000 1900 Noon.-----. 100000
Dividend are annual
payments based the quarterly
sUnt Of trading less than 100 shares tAnnual rate
not including extras Paid last
COMPANIES reported being
dividend,
Evening star., 1937-06-05
CottoNeed Oil.

Spot steady: middling. 1924.
Nominal,
Evening star., 1937-06-05

CHEESE QUOTATIONS.
PLYMOUTH, Wis. June s OP.-Cheese
quotations for the week: Wisconsin Chease
Exchange, twins. IAN; cheddars l4h.
Evening star., 1937-06-05
CTIONS ON THE NEW YORK STOCK e.

~ Privats Wire Direct to The Star.
Evening star., 1937-06-05
All But Some Specialties Re-
treat After Brisk Early
Advance.
Stock Averages

Compiled by the Associated Press)
Evening star., 1937-06-05
CHICAGO STOCK MARKET

ALSO extra or extras.
g-DeclAred or paid 10 far this ye,
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1937-03-18
Long Illness Fatal to
Young Ely Resident.

Miss Stanislava Vertnik, died at a
Duluth hospital, Friday, after an illness
which has kept her confined for the
past three years.
She was born in this city on April
80, 1913 and attended the Ely schools
up to the time of her sophomore year
She was a member of st. Anthony's
lodge, the members of which attended
the funeral held Monday morning from
the Catholic church, the Rev. Father
Frank Mihelcic officiating
The funeral was largely attended and
many were the floral offerings banking
the casket Funeral arrangements had
been made by the Fenske Mortuary, the
remains having been brought to the city
on Saturday.
Survivors are the parents, Mr.. and
Mrs. Matt Vertnik, five sisters and two
brothers. The sisters are Mary and
Frances of Duluth, and Annie, Angela
and Gertrude at home in this city. The
brothers are Mathew and Frank, also
of this city.
Sympathy for the bereaved survivors
is expressed by host of friends and
school mates of deceased.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1937-03-18
ORE PRICES
UP as CENTS
Basis Established by Cleveland
Sales; First Price Change
in Eight Years.

The prices of Lake Superior iron ore
for 1887 delivery have been advanced As
cents ton, says Skillings' Mining Re
view. The new basis was established in
sales by at least one important producer,
and the announcement was made from
Cleveland, March 8. This is the first
change in the prices of iron ore in
eight years.
AS wages at the mines have been adj
vanced, and there is prospect of an adj
vance of 10 to Is cents per ton in lake
transportation rates for ore for the
coming season, the advance will offset
these increased costs. One independent
producer of iron ore says that it is
possible that the mine operators who sell
in the open market may get 20 cents a
ton net out of the Ascent advance.
The establishment of iron ore prices
for any season is merely a base for
negotiations. Much iron ore in past
years has been sold below the base
prices, and it is possible that in rare
instances sales have been made in ex-
cess of them.
The new ore price basis makes old
range BeSSemer $5.25 and Mesabi Bes-
semer $50, and old range non-Besse-
mer $4.95 per gross ton Sales are based
on $1,000 iron natural content, and
for the BeSsemer ores a PHOSPHORUS
content of O45 % dried.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1937-03-18
Local Delegation Attends
9Th District Legion Meet

Universal service in time of war
which will permit the government to
draft capital, industry and man power
on the basis of equality, with special
privileges and profit for none, is the
Legion's program" declared Harry
Colmery of Topeka, Kansas, national
commander, in his address to the ban
quet at the Hotel Duluth in Duluth,
Saturday evening, when I. N. Sodahl
was named the 18th member of the
Duluth Hall of Fame.
The Hall of Fame banquet was held
in connection with the Eighth district
meeting of the American Legion and
Auxiliary posts and followed day of
activity on the part of the posts in
their meetings at which matters of in
terest to the district were discussed and
acted on.
Attending from this city were Harold
Dillon and Earl West of the Frank
Lozar post and Mrs. o. T. F'riedsburg
president of the Auxiliary unit; Miss
Edith EllefSen of the legislative COM
mittee of the Eighth district; Mrs. M.
Gordon, past president of the Ely unit;
Mrs. Peter Schaefer, past president of
the Eight district auxiliary, and Mrs.
w. j. Kayute.
National Commander Colmery was
the eleventh commander to attend the
Duluth Hall of Fame gathering. He
warmly congratulated Mr. Sodahl on his
being named a member of the Hall of
Fame and also showered praises on
the Duluth David visited Post for
having inaugurated the idea of select
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1937-03-18
Drive for Boy Scout
Funds Begins April I,

The HeadwaterS Area Council of the
Boy Scouts announced that at a
recent meeting of the Council at Hib-
bling, April l, was set as the opening
date for the annual solicitation fol-
funds in the 18th district comprising
the HeadwaterS area.
The budget for 1887 has been set at
$500 to be expended in an area COM
prising $4,000 square miles. The quotas
for the several districts has been set in
the following amounts.
East Mesaba, $3.50; Chicagama, $500:
Vir-Mount and Tower, $3.50; Old IRON
sides, $673; Hibbing, $1871; Eastern
Itasca, $149; Nashwauk, $2O8; Poke
CANA, 1925; Paul Bunyan, $500; North
Border, 500, and Mid Itasca, $317.
The area has 1400 Scouts, $50 Cubs
and 400 Scouters and cubbers, enrolled
and active G. E. Everett of Hibbing
heads the finance committee.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1937-03-18
Attended Legislative
Hearing on Tax Matters.

Mayor Jack PeShel, Alderman Arthur
Nyman and Deputy Assessor F. B.
James, with John Klobuchar as chauf-
feur, returned Monday from st. Paul
where they had been before the legis-
lature relating to tax measures now
being considered
The concenSus of opinion seemed to
be that the radical taxing element in
the legislature would not prevail and
that there would be enough level heads
to keep the tax boat on an even keel.
MIR. James, an authority on mining
tax matters, was consulted on several
occasions in the hearing. All those at
st. Paul felt that the radical bills would
not prevail.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1937-03-18

ing an outstanding citizen yearly to
receive honors.
Reviewing the accomplishments of the
Legion over the period of its existence,
Mr.. Colmery called the organization an
unselfish one, one which had dedicated
itself toward the building of an Ameri-
can democracy which will live. Its
work, he declared, had been unselfish.
Last year. its program cared for AGO.
600 needy children, supervised 3,1OO Boy
Scout troops, gave half million boys
an opportunity to play in organized
baseball, conducted 1900 schools of
citizenship for foreign-born residents
and contributed towards safety educa-
ton and assistance in solving the juv-
emile delinquency problems. Certainly"
he declared, "the work of the Legion
has been anything but selfish
Warming up to the main subject of
his address, Commander Colmery
launched into his address with the
statement: I'VE have been tabled as
militariStS but the American Legion
does not want war. No soldier wants
war. The national defense program of
the Legion is based upon the prevention
of war, upon maintaining peace for
America in a world that seems to be
afame with the war spirit"
He then launched into an explanation
of the proposals listed by the Legion
and claimed the universal service pro-
vided for just that in the following
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1937-03-18

John A. Harri Receives Letters
From Buddies of Spanish
American War.

John A. Harri this week received
letters from James Mallory of New
Haven, Connecticut, buddy" with him
in the PHILIPPINES in the Spanish
American war and from the captain of
the regiment, Capt. George E. Gibson,
formerly of Duluth but now of New
York City, from whom he has not
heard for some time.
The letters, besides being of general
nature, also enclosed clippings from
New York papers telling of the arrival
of the Finnish naval training ship in
New York harbor on March 4, and the
reception rendered the boat and its
crew by prominent American navy
officials, Mayor La Guardia and the
Finnish colony of the city.
The boat is the "Souman Joutsen"
which in English means Swan Of
Finland and is a three maSted frigate.
She moved up the Hudson river with
sails furled under power of her twin
auxiliary Diesel engines to her dockage
and is the first Finnish naval ship to
enter the New York harbor.
Mr.. Harri treasures the letters very
highly as coming from members of his
old regiment for which Ely furnished
some thirty-six, most of whom have
passed on. Seven of the Ely veterans
are living. MIR. Harri stated that it
was his intention to attend the ma
tional convention of Spanish-American
war veteras in Columbus, Ohio this
year and will try and persuade others
of the Ely veterans, Oscar Kauppi
Frank Rupar, Jack Maxi and Oscar
| HakkO. to attend.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1937-03-18
i71ber Workers Union
Orders Sit-down Strike
at Local Lumber Camp
Camp of Cyrille Fortier on
South Farm Lake Hit
by Union Edict.
35 MEN CEASE WORK
Discharge of Union Head
Cited as Cause of Sit-in
Started Tuesday.

Cyrille Fortier, in speaking to Miner
representative, Tuesday, stated that he
had a Sit-down strike on his hands at
the camp on South Farm lake.
Mr. Fortier stated that it all came
about when one of the head men of
the lumber jack committee at the camp
was discharged a few days ago for
inefficiency.
Seven men arrived from Duluth fol-
lowing the discharge and at once took
possession of the camp as representa-
tiveS of the union.
The representatives asked for the re-
inStatement of the discharged member
and when refused ordered strike
among the 35 men employed.
Several Of the men refused to abide
by the dictum of the delegates and
asked for their money with the in
tention of getting out. The checks were
given them after which they were in
formed by the leaders that they could
. not get out and must remain and par
ticipate in the strike.
Many expressed themselves as salts
fled with the treatment at the camp but
could not get away and also were COM
PEELED to join the strikers. The sit
down strike took place on Tuesday
morning. Mr.. Fortier provided them
with dinner but drew the line on food
for the balance of the duration of the
Shutdown, he said.
Besides miffed over the discharge
Of one of their number, the strikers
made the claim that the Fortier camp
was not living up to the agreement
signed with the Timber Workers Union
several weeks ago and that the sanitary
regulations and several other provisions
signed for had not been put in force.
Mr.. Fortier informed the Miner that
he would probably stop work at the
camp and that up to now he had much
timber cut in the woods which he would
be unable to get out.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1937-03-18
COOP QuINT TO
COMPETE FOR
NATIONAL TITLE
Local Basketball Team Enters
Tournament at Brule, Wis.,,
Saturday and Sunday.

The Ely Coop basketball team will
participate in the National Coop
Basketball Tournament at Brule, Wis
consin, Saturday and Sunday. Eight
cage quints, representing various CO.
operative organizations will take part
in the tournament. The Ely group is
sponsored by the local COOPERATIVE
store and is managed by Andrew
KoiviSto.
Ely plays in the second game of the
tourney meeting Cloquet at 4:30 p. M,
Saturday. Other games slated are
Duluth VS. Waukegan, ILL.,, Superior VS..
Virginia, and Brule VS.. Brandwood,
Wisconsin. Waukegan is the defending
champion, having won the national
title two straight years, 1895 and 1896.
Semi-finals will be played Sunday after
noon with the championship contest
Sunday evening.
Members of the Ely team, who will
take part in the tournament, are: Frank
Toutloff and Walter Jokela, centers;
James Maddern, William Saari, william
Trezona and Clifford Thompson, for
wards; RENO Saari, Clifford Sikala and
Frank Miklausich, guards.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1937-03-18
BRIDGECITEDAS
WATER BARRIER
Channel Under Silver Rapids
Bridge Said Inadequate to
Maintain Lake Levels.

The state conservation department
has sent in its report on the mainten-
ance of water levels on White Iron lake.
The matter was taken UP and discussed
at the last meeting of the Commercial
Club which received the report in
answer to several requests sent out by
the club to have these levels maintained
and preclude the possibility of an
overflow in the spring months and
scarcity later in the season.
The report of the conservation de-
partment suggested steps to be taken
to remedy conditions during the spring
thaws. They stated that the water
levels could only be controlled by the
widening of the channel under the
bridge at Silver Rapids.
The steel bridge at Silver Rapids re-
placed wooden structure several years
ago. The wooden bridge had a span of
l65 feet which allowed an ample outlet
for the waters of White Iron on its way
to the dam to furnish power for the
Minnesota Power & Light Company.
The later steel bridge only left span
OF 96 feet, the approaches being filled
with sand and rock thus cutting down
the flow of water through the channels.
With more water coming in to White
Iron through Birch River than flows
out at Silver Rapids, it is obvious that
a flood ensues which damages resort
and cabin properties along the shores
of the lake.
The state department of drainage
and waters advised that petition be
made by property owners asking hear
ing in district court for the establish
ment of a permanent water level. With
the present outlet at Silver Rapids, no
control of the levels can be assured.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1937-03-18
Diocesan Council Met
At Grand Rapids Monday

Mrs. M j. Fleming was in Grand
Rapids, Monday, where she presided
over a meeting of the Duluth Diocesan
Council of Catholic Women of which
she is president. The Grand Rapids
Council was host for the sessions which
opened with a high mass sung by the
Rev. Charles Carly of the local church.
The delegates were welcomed by Mrs.
A. P. Pogreba, who was in charge of the
arrangements for the meeting. A pro-
gram consisting of vocal and instrument
tai selections was presented. The bust
ness meeting at 80 was addressed by
the Rev. Father Scholar of Duluth.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1937-03-18
Ely On Honor Roll In
National Safety Contest.

Ely was among 139 cities between
5000 and 10000 population who were
placed en- the National Traffic Safety
Contest honor roll for their I'M
blemished traffic safety records of no
motor accident deaths throughout 1886
The announcement was made by the
National Safety Council, sponsor OF the
contest.
Each of these cities will receive a
certificate of commentator in recog-
milton Of its outstanding work in the
traffic safety field. A total of LOIS
cities and Al states competed in various
groups in the 1886 contest.
Douglas Nankervis, chief of police
was in charge of the contest in this
city assisted by committee chosen
from several groups of citizens. Truck
and automobile drivers were entered as
well as bicycle riders.
Nine Minnesota cities will receive
certificates. They are Ely, Cloquet
Crookston, Fairmont, Hastings, Inter-
national Falls, Little Falls, Red Wing
and Saltwater.