davidaulloa/AmericanStories huggingface dataset:
Evening star., 1938-07-13
AIR bRAKEF|RM
q ~ n 4
REPORTS DEFICIT
.It'j--
New York Co. Shows Loss
of $l21,04 in Quarter
Ended June 80.
~ the Associated Press.

81 the ASSoc1ated FTess.
NEW YORK, July 13.-New York
Air Brake Co. reported . net loss Of
$l2l. .oo4 for the quarter ending June
80. compared with net loss Of $o2. .2es
the preceding quarter. and . net In
come of s502,lo2. equal to $1.s4 q
share. the corresponding quarter last
year.
For the six months ended June 80
the company reported a net loss of
1920, ,272, compared with net profit of
$9l4,974, equal to $3.50 a share, for
the first six months Of last year.
Libbey Owens Ford.
Libbey- Owens-Ford Glass Co. re-
ported net loss Of $50,352 for the
second quarter, compared with Q loss
Of $371 ,527 in the first quarter. Di-
rectors voted 25-cent dividend out
of surplus, payable September IS to
holders of record August 81. They an
nounced the Rossford plant would be
reopened Monday.
Chicago Corp.
Chicago Corp. investment COM
pany, reported first six months net in
come from interest and dividends of
$388,712, or 81 cents a share Of pref
erence stock outstanding, compared
with $73l, ,4SS. or $l.19 share, the
corresponding 1887 period
Marine Midland.
Marine Midland Corp, operating q
chain of commercial banks in New
York State, reported for the June
quarter combined net earnings of
1851 1897, equal to Is cents a share
on capital stock. This compared with
$1.050. .768, or Is cents a share, in
the 1887 June quarter. Earnings for
the first half were equal to 2S cents
a share, against 81 cents a share last
year.
General Public Service.
General Public Service Corp, an
investing company, reported net asset
value of $94.52 a share of preferred
stock as Of June 80, compared with
1885 a share Of preferred on De-
cember 81, 1887.
Evening star., 1938-07-13
POWER
OUTPUT DECLINES
Drops 6.7 Per Cent From
Week Ago and 1913 From
Year Ago.
BY the Associated Press.

oy inc hsbOC18teo EISsSs
NEW YORK, July 13.-Production
Of electricity in the United States
for the week ended July was
! 1881 ,29s. 900 kilowatt hours, the Edi-
son Electric Institute announced to.
day. The total failed to come up to
seasonal expectations. declining 81
per cent from the preceding weeks
2.014, ,702, 900 kilowatt hours and OF
1913 per cent from the comparable
period last year, when 2,096, ,266, 900
kilowatt hours were produced.
The Associated Press index of elec-
trio power production, adjusted for
seasonal and long-term trend, and
with 1929-l930 output representing
100, declined to 1853 from 1860 the
previous week and 119.5 a year ago.
Range for recent wears.
Evening star., 1938-07-13
NEW YORK SUGAR.

some hesitation at the outset, sugar fu-
lures resumed their upward movement to-
gay on further covering, trade and Cuban
market. o-
July No. 3 sold at 1s3 and March ad-
vanced from 2.Ol to 2.O3, or points
net higher September No. sold up to
l;O3 and March to l.l3, or 2 points net
higher with the market in midsfternoon
holding around the best
Evening star., 1938-07-13
DIVIDENDS ANNOUNCED

NEW YORK july 13-Dividends de-
cared (reported by the Standard Statistics
Liauidating.
Pc Stock OF Pay
Aax Rate riod. record. able
ADVANCE Rumeiy Co SIS - 30
Extra
Bayside Nat Blk o5c Ills s1
1ncreasew.
6earench Mig 3Oc q ~ FIX
Evening star., 1938-07-13
DECLINES REVEALED
IN DRUG BUSINESS
Y the Associated Press.

BY the Associated Press.
The Commerce Department esti-
mates sales of drug manufacturers
were 1912 per cent less in May than
in the same month last year. Whole
sale drug trade, however, was only ST.
per cent below last year and retail
was ll.6 below.
Evening star., 1938-07-13

Percentage declines were recorded
by each of the country's major geo.
graphic regions as follows: New
England, 3.7; Middle Atlantic, A.:
Central industrial, 1853; West Gen.
trail, IT.; Southern States, 6.5; Rocky
Mountain, 28.4; Pacific Coast, 6.8.
Evening star., 1938-07-13

Washington Exchange
SALES.
Washington Gas Light pfd-l0 at
99i2, 4 at 99i4.
Bid and Asked Prices.
BONDS.
Evening star., 1938-07-13
FREIGHT LOADINGS.

NEW YORK. July IL iP-Rev.nu.
freisht carloadings on railroads reporting
TO-DAY Tor week ended July q (Which In
cluoed independence Day holiday were i:
Evening star., 1938-07-13

In bankruptcy or receivership or bsane
securities sssume6 81 such compSnass. "
are snn@si S NJ SsseS on 'e tSs
last quarterly or semi-ennual declafations.
Unless otherwise noted special Of extra
Also extra Or extras. eDeclarsd or
paid 90 far this year. no. regular rate.
fPayable In stool. Paid last year,
paid or declared tAis year. " With vac
rants. ~ without vaz1aAts. vs1 War.
Evening star., 1938-07-13
MONTREAL SILVER.

MONTREAL July 13 1R.--Silver futures
opened UNCHANGED TO % points advance,
Bids: july, 42.73; September. A1.2O; De-
cembef. l1.20
Evening star., 1938-01-11
METAL PRICES RISE
IN RECOVERY MOVE
Brisk. Demand Is Reported.
Quotations for Copper and
Lead Are Boosted.
BY the Associated Press.

By the Associated Press.
NEW YORK, Jan. 11.-A burst of
buying in copper and other industrial
metals again lifted prices today, max
ing the recovery the most robust since
the autumn fall in commodity markets
leveled out few weeks ago.
Leading domestic producers Of COP
per. after a prolonged lull, were re-
ported in trade circles to have moved
some metal at IL cents a pound as q
gap between the price quoted by smelt-
ers was almost closed. The export
price held around 1850 to 10.77la.
The American Smelling g. Refining
Co. boosted the price of the red metal
for delivery in the United States u of
cent pound to 10.87l2. Early in
December the market had dropped to
around 10. Producers, meanwhile, had
been holding at II, although little
business was done at that price.
A further advance of .O5 of a cent,
equal to 81 ton, was announced for
lead. making the new quotation 4.9O
cents pound in New York.
Echoing the new year buying Of
raw materials in other markets, de-
mand for industrial metals was de-
scribed as brisk in contrast with al
most complete suspension of buying
in the last four months of 1887 while
inventories were being reduced and
prices were falling
Evening star., 1938-01-11
Digestive Showdown
One Reason
You Feel Older

Digestive action often slows
down around 40-when the gas
trio juices are likely to lose their
full strength and abundance.
You can help strengthen
these juices and aid them to flow
more freely by eating Fleisch-
mann's Yeast. 1t has a special
stimulating action due to its mill
lions of tiny, Hue yeast plants.
4 necessary vitamins in
Fleischmann's Yeast also give
you an added tonic benefit.
These are the Nerve Vitamin,
the Cold-Resistance Vitamin,
the Bone Vitamin and the Vi,
tality Vitamin.
Eat Fleischmann's Yeast 5
times every day-plain or in q
little water. You'll soon learn to
like the fresh, malty yeast fa-
vor. One cake eaten "A hour
before n,edls helps stimulate q
strong gastric flow when you
need it to digest your food. go
Evening star., 1938-01-11
Bethlehem Steel
Applying Policy
OF WOrk-Sharine
By. the Associated Press.


NEW YORK, Jan. lin q message
to employees of Bethlehem Steel Corp.
published in the current issue OF
Bethlehem Review, President Eugene
G. Grace said the company was again
applying the policy of work-sharing.
Under that policy of equitably
distributing the work." Mr.. Grace
said. 49, 900 more employees have been
retained than would have been needed
if only full time force had been
kept on the job"
If it had not been for the sudden
drop in business in the last quarter
he said, 1887 would have been Beth
lehem's best year from the standpoint
Of production and employment. Our
working forces had reached a peak
for all time with 100000 employees on
the pay roll. Our operating rate dur
ing the second quarter reached 80 per
cent and held well throughout the
third quarter. which averaged IS per
cent. Right now. however, American
industry as whole is in a severe
slump, with the rate for the steel
industry down to less than 20 per
cent for the last week of December,
1887"
Mr.. Grace said he was hopeful
that the disturbing factors which are
holding back business will soon be
corrected"
Evening star., 1938-01-11
GENERAL ELECTRIC
ORDERS INCREASE
$379,273,691 Total Shown
for 1887, Compared With
$296,748,219.
By the Associated Press,

By the Associated Press.
SCHENECTADY, N. Y, January IL.
Orders received by General Electric
for 1887 amounted to $37a,273, ,69l
compared with s2se, e,74s,21s in 1895,
President Gerard Swope announced.
Fourth quarter orders amounted to
$73 97,063, as against $s4, 4,S57,1S in
corresponding period last year. For
the first nine months, however, orders
totaled $305, 5,276,556 compared with
s2l1 1891 ,038 for the same period of
1896.
Mr.. SWOpe said the increase in
orders for the year was noted in
every major department of the COM
pany.
In spite of the increased costs of
labor and material, Mr. SWope said,
improvements in design and better
manufacturing methods had enabled
the company to maintain the trend
toward lower costs so that reason-
able selling prices might stimulate an
increased demand
Sales billed and earnings for the
year are not yet available, MIR. Swope
said. but will be made public in the
annual report late in March.
Remington Rand Net.
Remington Rand, Inc, reported to-
day net sales for the quarter ended
December 81 totaled s13,7l5,342, an
increase of 10 per cent over $l2,452,-
246 in the like quarter of 1886. Sales
for the year 1887 of $52,644,441 were
1T per cent higher than 1896.
Endicott johnson Profits.
Endicott Johnson Corp, one of the
worlds largest shoe manufacturers
with principal plants in Endicott and
johnson City, N. Y, reported net
profit of $l,520,7l6 for the year ended
November 80. 1887. equal to S2.85 a
share. This compared with net profit
of $l,974,833, or 1921 per share, the
previous year.
Evening star., 1938-01-11
BUTTER, EGG RECEIPTS
HIGHER DURING MONTH

Special Dispatch to The Star.
BALTIMORE, Jan. 1l.-Receipts of
both butter and eggs here in Deem
ber were considerably larger than those
OF December, 1886. Butter receipts
totaled 1.866.424 pounds as against
l,273,862 pounds in December, 1896,
while egg receipts were 40,6O9 cases in
December of 1887 and only 3l,619
cases in the corresponding month of
1886. The State which supplied Bal
timore with the largest amount of both
butter and eggs during December was
Illinois, which shipped in 856.O76
pounds of butter and 1920 cases of
eggs.
Evening star., 1938-01-11
UNITED AIR LINES
REVEALS 1887 RECORD
Dispat tch to The Star.

Special Dispatch to The Star.
CHICAGO, Jan. 11.-United Air
Lines flew total Of 81 ,578, ,794 revenue
passenger miles and l6,260,000 miles
in 1887, the equivalent of $500 coast
to-coast trips, 1t was announced to-
day by w. A. Patterson, president Of
United Air Lines.
The total number of revenue pas
sengers transported by United during
the year was 100000. The company
planes flew 4,623,985, ,643 mail-pound
miles and 1887 .907, 900 express-pound
miles and its cargo loads represented
38 per cent Of the Nations airmail
and express.
United closed the year with a total
of 2,008 employees. It's feet consists
Of So twin-engined transport planes,
including skylounge and sleeper-type
mainliners.
Evening star., 1938-01-11
NEW YORK SUGAR.

NEW YORK. Jan II R,.-Raw sugar
was quiet early today. and although local
refners showed no interest above :}.2O
there was nothing for sale except al
slight advances. 1t was reported that
late Yesterday about 10s.O00 bags OF
Philippines for January and February
shipment sold to outport refiners and
operators at 3.c:t
Futu 'es showed little change July No.
3 sold at 2.3:! ana September. Pa. or
UNCHANGED TO ! point net higher In the
No. March, after selling off to 1l6. or
p point net lower. rallied to 1l6i2. Ieay-
ing the list pet UNCHANGED
Refined was unchanged at 65-475 for
fine eranulated. with only light inquiry
reported.
Evening star., 1938-01-11
MARYLAND LEAF RECEIPTS

BALTIMORE, Jan. II (SpeciaD
Receipts of Maryland leaf tobacco
during December, 1887, totaled Al
hogsheads, while the sales for the
same period totaled 1876 hogsheads.
The tobacco market has closed dur
ing the dull season and will reopen
on April !.
Evening star., 1938-01-11
Her
Hobby
She is the
Foremost
Woman
in this
Country
Uho
Lectures
on JeueLs

THE QUARRIES near Quincy,
Il Massachusetts, were happy
hunting grounds years ago for a
child who loved colorful stones.
Ethel Doane found rough ame-
thysts and garnets there, and
started her collection of gems.
She kept adding, year by
year, until she had a beauti-
ful and unusual display of her
two first loves and of tourma-
lines, jade, opals and amber; of
canoes and intaglios; of the II
birth stones.
She made an intensive study
OF oil jewels-their histories and
traditions.
Mrs. Doane's stories of stones
were heard with such interest
that she consented to lecture in
her own club. Engagements fol-
lowed. A few years later she
moved from her native New
England-and her lectures
found the same hearty welcome
in other states.
Many Women of 40 Make
Practical Use of Hobbies
Mrs. Doane says of hobbies:
when your family is grown
and you have more time, give it
to your hobby" she says. And
if it is of general interest, you
can make it pay you WELL"
But she cautions people to
remember paid work demands
physical fitness. You must be
sure Of your health to make
success.
Evening star., 1938-01-11
REPORT GIVEN BY U. S.
ON FARM GRAIN STOCKS
B, the Associated Press.

b. the Associated Press.
The Department Of Agriculture re-
ported yesterday that grain stocks on
farms January were:
Corn (for grain), 1867 .989 900
bushels, or 7l.2 per cent of the pre-
vious years crop, compared with $685.
$4,000 bushels, or GA per cent, q
year ago, and 1884, ,343,0 900 bushels, or
65.2 per cent. two years ago.
Wheat: 208,745,000 bushels. or 239
per cent, compared with 128,3l4,OOO
bushels, or 205 per cent a year ago,
and 249,495, 900 bushels, or $50 per
cent, a year ago.
Oats: 88,937 900 bushels, or SOL per
cent, compared with 482, 900
bushels, or 6l.4 per cent a year ago,
and 86.l64,O bushels, or 57.9 per
cent, two years ago.
Evening star., 1938-01-11
DOLLAR GOES HIGHER
IN LONDON DEALINGS

LONDON. Jan. II F.-The United
States dollar gained one-sixteenth of a
cent IN foreign currency dealings to-
day. The unit closed 500 3-16 to the
pound, compared with New York's
overnight sterling rate of $5OOas.
Showing further loss, French francs
finished l4766 to the pound, against
147.50 yesterday.
Evening star., 1938-01-11
U. S. TREASURY NOTES.
(Reported by Smith. Barney & Co
CHICAGO PRODUCE.

CHICAGO. Jan IL R.-PouItry. live
81 trucks: easy: hens, 4l2 pounds up u:
springs 4 pounds up. colored %: Ply
mouth Rock -: Leghorn chickens. II;
other prices unchanged
Dressed market steady: prices un-
changed.
Butter 1O6.249 pounds: easy: creamery
specials t93 score). :;2i2-33: extras t92J.
~: extra hrsts t9O-9D, 3lA-a.: firsts
tSs.s9), 2sl2-30l2: seconds tS4-s7i2D.
IT'S; standards go centralized carlots,
31A.. Eggs; G1:'; steady: refrigerator
standards; 19l2: firsts. 10: other prices
UNCHANGED
Evening star., 1938-01-11
FOREIGN MARKETS.

LONDON Jan. IL LP.-Copper shares
were strong in today's stock market on
the continued Improvement i'll metal prices
and silver issues sold higher being in
fluenced by American buying of that
metal Oils. ruobers and induStrials also
improved, together with aircraft. cleo
trica; securities and British funds held
steady.
PARIS Price movements we're mixed
IN TIE Bcurse. renteS closing 20 centimes
lower to IS UP and Bank of France issue
lost us francs; 1ndustrials were generally
heaVy, especially electrical issues Suez
Royal Dutch moved 20 francs higher.
Evening star., 1938-01-11
BUS|NESSLOANS
DOWN FURTHER
Banks in 101 Leading Cities
Report $84, 900, 900 Drop
During Week.
~ the Associated Press.

~ the Associated Press.
The Federal Reserve Board said yes
terday bank loans for commercial,
industrial and agricultural purposes
continued to decline In the first week
Of January.
Banks in 10l leading cities reported
an $84,0O0,000 decline in their busi-
ness and agricultural loans in the
week ended January S, bringing the
total decline since october 13 for
these banks to $354,0O0,000 and re-
ducing the total to 4,5l7,ooo,ooo.
Last weeks decline included a SAL
100000 drop in New York City banks
and $1s,000,000 in the Chicago dis
trict.
Other loans and investments, par
ticularly loans to security dealers, also
declined. The aggregate drop in loans
and investments during the week was
$l53,000,000
Banks continued to replace part of
their other loans with purchases of
Government securities. The report
ing banks added $38,000,0 900 worth Of
Federal obligations and $9,000,000
work Of Government guaranteed Sc
curities to their portfolios.
The boards statement gave the
following summary of assets and liza
bilities on January 5, together with
changes for the week and with the
same week last year in millions Of
dollars:
Evening star., 1938-01-11
U. S. TREASURY POSITION.
BY the Associated Press.

uary =:
Receipts S3sO1ol901s: expenditures
S3n,363.25s. .01: balance. S,9632l7-
Sb.Sl:,. 504 IA
Receipts for the fiscal year (since July
y. SI,:gl .323 ,9S27l; expenditures So
OBI .5I4 .23U.1S. including ST DHtj 80 -
S41 .O5 Of emergency expenditures: excess
OF expenditures. .24S,3OS.01; gross
Sl1 ,136,O6o.:5 above the previous day.
gold assets SI2155. S3.O14 A. including
Sl.23.2 SS5. 1920 OF inactive gold
Evening star., 1938-01-11
4 REPORT OF Constructive
Public Service
BY A PUBLIC UTILITY SYSTEM

THIS informal report, for the year 1887, is
submitted for the information of the gen.
eral public a. well as the customers of the
operating companies in the Commonwealth &
Southern system and the security holders of
The Commonwealth & Southern Corporation.
The Commonwealth & Southern system con.
sists of FIVE northern and six southern operating
companies which together serve electrically
over g. 100 cities, towns and hamlets. They have
an average population of l $50 each. A total of
over one million homes-634, 900 in the north,
49, 900 in the south-are served.
large number of the customers live on
farms or in outlying territory where costs of
serving electricity-particularly transmission
are high in comparison with more densely
populated areas.
The operating companies are bound together
by the unified sales promotion, engineering,
operating and financing stats of the non profit
Commonwealth & Southern service organiza-
tion. This unified operation makes it possible
for the operating companies to render the con.
structive public service outlined here:
Evening star., 1938-01-11

Fleischmann's
Yeast would improve my health
by helping my digestion, so began
eating it. 1t seemed to wake up my
whole system. Gradually l got over
the feeling of weakness and began
to be happy again.
Now when l see anyone who is
depressed l ask about their health.
They generally are not in very good
condition. l tell them to eat Fleisch-
mann's Yeast-for health means
happiness.-sOPHIA C. RAMsDELL
Evening star., 1938-01-11
METAL MARKET.

NEW YORK, Jan. II LP,.--Copper firm:
export. 1924. Tin firm: spot and nearby.
4".S1 p: future. ~ 81 lz-43 90. Lead frm !;
New York spot. 4,90-a5: East St LOUIS.
Az Zinc steady: East St Louis spot and
future 800. Quicksilver sO.0O-SI 90
Iron. Aluminium. antimony. platinum and
wolframite unchaneed
Evening star., 1938-01-11

too. l began eating Fleischmann's
Yeast, when saw how much it did
for a friend of mine. ~
In q few weeks I noticed an i'm
provement. Gradually the indiges-
tion and nervousness left me. Ny
writing went along better and the
atrical bookings increased, because
seemed to have new life. Recently
three agents have said they thought,
me 10 to Is years younger than my.
81 years.-ARTHUR WILLIAM ROW
Copyright. 1888. Standard Brands Incorposased, :.
Evening star., 1938-01-11
BUSINESS FAILURES RISE,

NEW YORK, Jan. II P).-Business
failures in the United States for the
f1ve-day week ended January 6 rose
to 26S from 249 in the preceding short
period and 1T in the like week Of
1887, Dun e. Bradstreet reported.
Evening star., 1938-01-11

NEW YORK, Jan. IL lP).-St. Jo-
seph Lead Co. reports 425 tons of pig
lead from Southeast Missouri mines
sold yesterday at s470 per 100 pounds
St. Louis
Evening star., 1938-01-11
DIVIDENDS ANNOUNCED

NEW YORK, Jan. 11.-Dividends de-
elared prepared BY the Standard statis-
Reduced.
Pc Stock Of Pay
Rate .riod. record. able.
Horn d Hardt Co N Y 3Oc 9 Iii 2-l
Special.
Aandel Bros 75c-- 1-20 1-2e
Resumed.
Crowley Miner d Co 15c LIS 1-2o
Passed.
Continental Pub Svc A.
Iycoming Mfg SSs pf.
Evening star., 1938-01-11
FlNANCINC

The service organization during the last
three years has negotiated the refunding of
$264,l74,7oo Of outstanding bonds and pre-.
ferred stocks Of the northern operating com.
panies with new securities bearing lower rates
of interest and dividends. As result the north.
ern companies Effected savings of over three
and one.haH nihisn dollars year in interest
and dividend charges.
In the south, it has been wholly impossible
to refund any Of the outstanding securities Of
the operating companies because Of the actual
and potential competitive operations Of the
Tennessee Valley Authority. Also because the
Federal Government, in that area, is pursuing
4 policy of securing markets for iva. power
by free gifts to municipalities Of 4s% Of the
cost Of new distribution systems with which to
duplicate existing utility systems.
Evening star., 1938-01-11

The senior securities Of these southern op.
Grating companies, by reason of this activity Of
the Federal Government, are selling currently
in the market at $88, 900, 900 less than their par
value. This affects $1,000 owners of these
securities. Moreover. 100000 people own the
stock Of The Commonwealth & Southern Cor
Poratien whose investment, in turn, is depressed.
Because of the inability of these companies
to raise money in the open market, The Com.
nonwealth & Southern Corporation, in the last
FIVE years, has advanced to these southern
companies approximately 100000, 900 from its
own treasury. mainly for indispensable con.
struction work. Thus have they continued eff.
cient service to the $4,000 urban, suburban,
farm, commercial and industrial users depcn.
dent upon them.
Evening star., 1938-01-11
GREATER USES OF APPLIANCES

For years the Commonwealth & Southern sys.
tenn has intensively promoted the use Of all
kinds of labor saving and convenience appi-
ances in the home. Northern and southern COM
panies cooperate with local dealers and help
them arrange sales Of equipment at prices and
on monthly payments to suit all classes Of Gus.
toners. In 1897 net sales of appliances made by
the system, itself, were about 1900, 900
new high in appliance sales.
Evening star., 1938-01-11
STRUCTURE AND POLICY

The Commonwealth & Southern Corporation
has 4 simple, clear corporate structure. 1t di.
rectly owns common stock and ether securities
OF its operating companies and makes no profit
on supervision, financing, engineering or from
any other service.
. The Corporation considers that its function
is to see that consumers of the system receive
the largest possible use of energy at the lowest
possible rates. Also, to give 4 diversity of in.
vestment which, in the absence Of government
competition, should insure stability of in
vestment to the Thousands Of Individual owners
of its securities.
The Commonwealth & Southern system 10
now giving its consumers large average use of
electric energy at low average rates. If taxes
were not 20 high and if the southern companies
could refund securities, the system could
earn satisfactory return for its investors and
could spend great deal more money expanding
its facilities i. and thus aid general business
recovery.
WENpElL |. MfRlkk, Prssidss
Evening star., 1938-01-11
REsUlT-HICHfR XVIII. Use

As result of these progressive policies, the
average Commonwealth & Southern home-in
the northern and southern territories-is using
37eo more electric service than IL being used in
the average American home. To state it another
Evening star., 1938-01-11
CHEAP ELECTRICITY

CHEAP ElECTKknY
City and farm customers of Commonwealth &
Southern system pay an average residential
rate of $50 below the national average. They
paid about 81 cents (average) per kilowatt
hour for the year 1887. This is lower average
residential rate than is obtained in any other
utility group in the United States.