davidaulloa/AmericanStories huggingface dataset:
Evening star., 1938-02-04
RETAILERS FAVOR !:
BETTER LABELLING
Elimination of EmpIoye
Grievances Also Urqed
at Convention.

NEW YORK, Feb. 4-Consuner
demands for informative merchandise
labelling were recognized yesterday In
q resolution adopted unanimously hv
the 9th annual convention of the
National Retail Dry Goods Associa.
ton at the Pennsylvania Hotel here.
The resolution, which also urged
elimination Of employe grievances and
cooperation with small retailers, was.
presented by Benjamin H. Namm,
president of Namm Stores, Brooklyn.
The resolution urged members ito:
concentrate their efforts on retail
problems in an effort to effect further
improvement in the following re-
spects: :
i. That all retailers take thought
ful cognizance of the growing con-
sumer demand for Informative label
ing in merchandise of all description
where the absence of such labelling
may tend to create confusion, mis-
representation and consumer dis
satisfaction.
- 4Ade iCIdLCIo LdAS COnceTtP0
action towards truth in advertising
standards. and that every effort be
extended to make advertising in
formative as well as truthful.
"3. That retailers continue to strive
for the elimination within their
stores of such conditions as may
justify employees grivances.
=. That retailers cooperate fully
with the associations vendors rela-
tions committees in the attempt to
create more anicable and more eoui-
table relationships with their sources
of supply.
IS. That the association declare its,
sincere willingness to cooperate in
the solution of the problems of the
smaller retail stores in our field
whether within or without its own
membership, and that the board Of
directors and the general manager be
authorized to take such steps as NAV
be necessary to effectuate this CO.
operation.
"6. That the association continue
its efforts to aid in the establishment
OF equitable non-discriminatory tax
legislation"
Evening star., 1938-02-04
FARM BILL FIGHT
DUE NEXT WEEK
Dairy and Live Stock Bloc
Forms to Force Measure
Back to Committee.
By the Associated Press.

congressman from dairy and live
stock regions banded together today
to fight the compromise farm bill when
1t comes up for final approval next
week.
Representative Boileau, Progressive
OF Wisconsin said he was confident
there was enough support in the
House to send the bill back to a Con-
ference Committee again." Admin
lstration leaders, however, predicted
quick enactment Of the legislation.
Mr.. Boileau was aroused by changes
made by the Senate-House Conference
Committee in his amendment to pro-
tect dairy and live stock regions from
competition elsewhere by farmers who
take land out Of corn, wheat, cotton
rice and tobacco.
similar amendment had been in
serted in the Senate bill by Minority
Leader McNary.
Under their proposals, farmers who
used diverted land to raise dairy or
live stock products for market would
have lost benefit payments and the
right to obtain loans on stored crops.
Conferees modified these provisions
to permit farmers to market normal
dairy products. They removed live
stock and poultry from the restrictions
and gave the Secretary of Agriculture
permission to establish regulations
concerning diverted acreage, if he
found income Of established live stock
producers was adversely affected.
Senator Duffy. Democrat. of Wis
consin, who aided Senator McNary in
winning Senate approval of the
amendment, said he was going to
question the right of the conference
group to make changes"
L want to be certain that diverted
acreage is not widely used for dairy
ing" he said.
Senator O'Mahoney, Democrat, of
Wyoming commented:
1T is perfectly absurd for Congress
to pass a bill to reduce the surplus of
cotton, wheat. rice, tobacco and corn
and at the same time to permit in
creases in other commodities not in
the program.
1t will do no good to reduce some
crops if We create more Of meat and
milk"
Evening star., 1938-02-04
FARMERS CHEER
SEEN GOOD SIGN
Armour Boards Chairman
Predicts Early Upturn
for Business.
By the Associated Press.


NEW YORK, Feb. 4.-Frederick H
Prince, Boston financier and chairman
Of the board Of. Armour & Co., Chi
cago, believes the business recession
will be cleared up in two or three
months"
MIR. Prince, who sailed on the Ber-
engaria yesterday to spend six weeks
in Paris and the south of France
said he thought fear Of labor troubles
had caused business men to overload
their inventories, and q cessation OF
buying resulted.
However. I think that 60 or sc
days should right that condition, u
he said. "One very good sign is that
the farmers, who are the real founda-
ton of American prosperity, are In
good condition. They are cheerful
and have been making money.
Il have been in business for 55
years and have seen many panics
and depressions, and no two are alike
"One of the troubles is that it takes
long time for Washington to learn
what the business needs Of the coun-
try are. I think Washington should
stop its reforms and leave recovery to
the American people.
1T is true that prices have been
too high. but when that condition l.
remedied the people will buy"
Evening star., 1938-02-04
AMERICAN STEEL
AWARDS DIVIDEND
rs Cents a Share Voted.
Company's Net Placed
at $3,617,761.
By the Associated Press,

~ tAiV nooOSA&tCu 1IeSS.
NEW YORK, Feb. 4-American
Steel Foundries announced q common
stock dividend of IS cents a share
payable March 81 to stockholders of
record March S. The company pre-
viously paid so cents quarterly.
For the year ended December 81,
1887, the company reported net in
come of $3.6l7,76l, equal to $2.8s a
share. compared with $2,953,426, OF
$2.64, in 1886.
The company, which makes many
basic parts of railway cars and loco
motives, has nine plants in Pennsyl-
vania, Ohio and Illinois.
Standard Brands, Inc.
Standard Brands. Inc, announced
today a quarterly dividend Of Is cents
on the common stock, payable April
! to stock of record February 10. In
previous quarters 20 cents was paid.
The company, a manufacturer and
distributor of food products, report
ed for the quarter ended December
81 net income Of $l,817,5l6, equal
after preferred dividends to IL cents
a share of common stock. This COM
pared with adjusted net income of
$3.433,9l1, or rs cents share, in the
1896 December quarter and $2,326, 400.
or Is cent share, in the 1886 Sep
tember quarter.
For the year ended December 81
net income was S9,865,358 after sur
tax on undistributed profits, equal to
70 cents a share on the common
stock. In 1886 net income, as ad-
justed, was $l4,47l,393, or $1.lO a
share.
First Bank Stock Corp.
The First Bank Stock Corp, with
offices in Milwaukee, and its 78 affili-
ated banks today reported 1887 net
operating earnings Of $2,739, 1863. equal
to 90 cents each on the 2,976.2 .236
shares OF stock outstanding on De-
cember 81, 1887.
Evening star., 1938-02-04
CHICAGO PRODUCE.

CHICAGO; Feb; R.-Poultry live
pounds Fl; pounds and % under %;
Leshorn hens. 1871: other prices un.
Dressed market steady prices UNCHANGED
Butter. 64s.901: unsettled. Creamery
specials (93 score), 32Ia-33: extras (92j
81: ~ other prices sa Unclaimed: Eggs, 2;4la;
cars 16'4; f1rsts. local. 16H; cars. 16la;
current receipts. 15la.
Potatoes. 40; on track, c6a: total United
States shipments. 500: old stock dull, de-
mand very light supplies liberal: sacked
per hundredweight. Idaho Russet Bur
banks; U. s Ne. |; 1.35-to; Colorado Rec
Dakota Bliss Triumphs: U. s.. No. i. i 90
12la: Minnesota Bliss Triumphs u s. No
!. LOO: Early Ohios U. 8. No. l. .O7Ia;
wisconsin Round Whites, U. S. No. i,
1.02ia; MichiEan Russet Rurals, u. s. No
l. l.02-05; new stock firm for good stock:
wide range in prices according to quality
track sales less than carlots bushel crates
Florida Bliss Triumphs. u S: No. !. 80
sales. bushel crates. Florida Bliss Tri-
umphs, U. S. No. l, 1.75-9O: U. 8. No. 2,
165 ~
Evening star., 1938-02-04
VALUE OF STOCKS
ABOVE 80 BILLIONS
Slight Increase Is Shown for
Month-Average Market Price
Is $27.59.
BY the Associated Press

6y tne Associated Press.
NEW YORK, Feb. 4.-Market value
OF its listed stocks was S39,242.676,8 ,837
on February i, compared with S38,-
869.l40,625 January l and s61,9ll,.
87l,6s9 on February l a year ago.
the New York Stock Exchange re-
ported
The average market price of listed
shares was S27.59 on February l.,
against $27.53 on January / and
$45.30 on February l last year.
Net loans OF Stock Exchange men,
bers on collateral contracted for and
carried in New York at the close of
business January 81 amounted to
s597l48,040, compared with $685.
2l9,305 on December 81. 1887. and
$l,026,3 .092 on January 81. 1897.
Included in the January 81 figures
is $20,006.755 total face amount of
Government securities pledged as COL
lateral for borrowings. against $685.
5l3,950 on December 81, 1887, and
s33,89l, $50 on January 81, 1887.
Ratio of security loans by members
to market value Of all listed stocks
on the New York Stock Exchange was
l.52 per cent on February /, against
ITO per cent on January and l.66
per cent on February l. 1887.
Evening star., 1938-02-04
FOREIGN EXCHANGES,

NEW YORK; Feb. lP,.-The pound
sterling was the principal gamer today
NTH IN the continued pressure on the American
The British unit gained !. of cent In
terms Of the dollar. The French franc
shared IN the general forward move of
European currencies with an advance OF
.Uo'4 OF cent: The belea was UP .Ol .
OF cent. the Swiss franc .02ta Of . cent
and the guilder .O3 of a cent.
The dollar in London and Paris moved
narrowly.
Noon rates follow: Great Britain in
dollars. others in cents. Great Britain,
S;;1a dnmand. o6;, 5;ol,. cables SOLE; S9-day
cables. -3,Ssi.. Italy. demand. 526,a;
Demands: Belgium. 1875: Germany.
r. iree 4G;3a's: resistered; II 90: travel,
s5.25. Holland. 55.S9: Norway. o51Sis:
Sweden .5.S4:: Denmark. ..3s: Finland,
80, -; Switzerland: -.3.21la; Spain. un-
iand, l15si. 1872: czeehoslovakia; 3:5l's: Yuso-
1890; Rumania. rs: Argentina sc.S: ss'4an:
Brazil free, 5:75n: Toxic: 20 or: 6hans
hal. :9. Is; Hong Kong. 31.35: Mexico City.
7.s0 Montreal lnA New York, IOOOI /: !;
New York in Montreal. 99.9Sl..
nNominal.
Evening star., 1938-02-04
FEDERAL LAND BANKS
NEW YORK. Feb. 4 lP.-Noon Fedora
CHICAGO LIVE STOCK,

CHICAGO, Feb. 1 Up, UNITED States
Department of Agriculture, HOGS, II. 900
including LOO direct market fairly
ectlve. 1920 higher than Thursdays
average; weights upward from c3O pounds
showing most advance: top S.S5: buik
good and choice. l5O-22O pounds. Ss0-SO
s3o-29G poun1s. s.0n-5O; 290-325 pounds
..15-S. 90: good packing soWs, 10 or more
higher mostly 6.9O-7 90
Cattle. 1000: calves 500: supply all
make sros bns seeers and
yearllngs, common to low good grades;
most sale sales 6.oo-7.25; odd lots up to 500
mon and medium grades. 5.25-6.5O; fat
cows mostly 5.O0-5O. and cutters. 3.75-
40; practical top sausage bulls. $50,
and yealers. / 90.
Sheep, II, 900. including 800 direct;
fat lambs very slow: generally asking
around steady and refusing lower bids:
buyers talking around 7.25-50 on lambs
frequently held 150-6O and upward; year.
lines and sheep steady. improved yearlins
quality considered: three doubles choice
yearlings. 100; one double choice slaughter
ewes. 3.S5.
Evening star., 1938-02-04
BOSTON WOOL MARKET.

BOSTON. Feb. 0P, Omitted States De.
partment of Asriculture) Moderate guam
and half bloods were selling today in the
Boston market. Twelve-month Texas woods
me IN orsina .anraa BAGS were brnsing 81 to y
1s-month Texas woods, that had beer
eraded, brought around 7:s cents. SECURED
territory woods in original bags brought 81
TO 70 cents secured basis. Graded hall
blood territory woods were moving in lin.
tied quantities at 81 to II cents, secured
basis. for staple combinE length. and at
65 TO 81 for French combing.
Evening star., 1938-02-04
PRICE DROP NOTED
IN COMMODITY GROUP

The Labor Department announced
drop of 0.6 per cent in wholesale
commodity prices during the week
ended January 20. This decrease
brought the general index of the
wholesale commodity group to s0.3
per cent of the 1926 average.
The department said the decline
for the same week last month was
0.9 per cent and for the same period
one year ago per cent.
Officials said the decrease during
the week ended January 20 was caused
by the continued decline in the price
OF farm products and drop in food
prices.
Evening star., 1938-02-04
HOUSEHOLD APPLIANCES
MEET HEAVY DEMAND
Special Dispatch to The Star.

Special Dispatch to The Star.
CHICAGO. Feb. 4.-Shipments of
1.642.019 household washers and 49,
858 ironers, q total of 1.820.S77 home
laundering appliances, were reported
by ]. r. Bohnen, secretary of the
American Washing Machine Manu-
facturers' Association with completion
of the industrys 1887 figures. This
compares with 1,729,135 washers and
l80,281 ironers, or total Of 1905, ,416
appliances, in 1896, the association S
highest year, and represents a de-
crease OF 5.04 per cent in washers and
0.79 per cent in ironers.
Marked advance IN the purchase Of
washers selling in the upper price
levels was revealed in the compilation
Of the years figures.
Evening star., 1938-02-04
Report Reveals
Du POnt Assets
OF $l89.358.765
By the Associated Press. 4.

NEW YORK, Feb. 4.-The annual
pamphlet report Of e. I. du Pont de
Nemours 6s Co. for 1887 showed total
current assets of $1s9,358,7 1855. In
cluded were cash Of $45, ,489,0l7, mar
ketable securities amounting to $58,-
636.044 and inventories Cat or below
cost Of $63 3,472, 1896.
At the close Of the previous year
current assets were $155,229,94s. in
cluding cash Of $65.844.573 and in
ventories amounting to $50,547,57l.
Pierre s. du Pont, chairman OF
the board. and Lammot du Pont
president, In their remarks to stock
holders said the company spent about
$4S. 100000 during 1887 on extension
and betterment Of plants.
As previously reported, net income
for the year was $88,031, ,943. equa
after dividends on the debenture
and preferred stocks to $729 q share
on common stock This compared
with ss9,ss4,4 ,44s, or $756 a share on
the common stock, in 1896.
Evening star., 1938-02-04
PHILADELPHIA PRODUCE,

PHILADELPHIA. Feb. Rl-Live poul-
try: Fowls p R., fancy. 24-25 mixed
colors. fancy, 1929: White Leshorns,
fancy fsney ss Reds sss eHo.ses I9sss
25-27; broilers. p. R.. fancy. 1921: Reds,
fancy; 1920; young chickens, smooth
legged, soft-neated. p. r.. 1924: cross
breeds. 1921; roasting chickens. 1896:
Muscovy, white. 1920 black. IS.
Dressed poultry: Old ROSTERS, 1870.
Wheat: No. q, red. winter. sarlicky,
Butter: Top Grades. 34-37s4: 90 score.
33A-334; 81 score, 32A; 90 score, Syn
SO score: 3154; 88 score. 81.
Eggs, lower on most grades: 2.4S2 cases.
y; 8. extras: white. .22M-25: browns. 22-
l7A-1S; trades, I6H-17; mediums, extras
or better, whites. 1924; mediums stand
ard, 16A-17.
Evening star., 1938-02-04
FINANCIAL BAROMETER.

NEW YORK. Feb 4 P.-Government
continued to decline at a rapid rate in
January maintaining approximately the
same rate Of contraction noted since the
fiscal year started last July
The dip is explained, analysts say BY
= substantial upswing in farm income dur
ing the past crop season to the best levels
since 1880. This meant fewer benefits
were necessary.
The agricultural adjustment program
expenditures reported by the daily Treas
nry statement for the seven months ended
January 81 compared as follows:
Latest fiscal year Sa611OOOO
PREVIOUS nScal year 2O3,233. 900
Evening star., 1938-02-04
BY the Associated Press.

By the Associated Press.
NEW YORK. Feb. 4.-Bonds tend
ed to recover slowly today after a
lower start.
Near the fifth hour the corporate
list was mixed, with a number of
issues showing moderate net gains in
contrast with positions in the early
trading. Remaining behind for losses
ranging from to around 3 points
were a group of inactive rails and
utilities.
The United States Government list
was soft in spots, but there were a
few minor gains in some Treasures,
Losses ran to 5-32ds.
In the gain column were loans of
Erie, Illinois Central International
Hydro Electric, Studebaker, Youngs-
town Sheet &, Tube, National Dairy
Products and Missouri Pacific. Most
OF the active rails moved up from the
morning lows.
japanese government 5les dropped
sbout q point but some others of this
sroup improved.
Evening star., 1938-02-04
q. S. TREASURY POSITION
By the Associated Press

The position Of the Treasury February 2:
RecsiptS, $50. OBS 1851: expenditures
S1.634. .54553
Receipts for the fiscal year (since July
Is, S3:541. .23334S Ii: expenditures. S4,-
490 S07. 76O.O2. including ST 1875 532.-
1s9. 80 Of emergency expenditures: excess
debt -sa7. b03: :77e. $50 SO. an increase ,'oi Of
S405. $50. 70 above the previous day: gold
assets: S12.755 3S3. 929 SO. including ST.
223. 049 .279.94 Of inactive gold.
Evening star., 1938-02-04
METAL MARKET.

NEW YORK. Feb 4 L4'.-Copper steady:
electrolytic. spot and future. IO. 90; EXPORT
9.90-lO.OO. Tin. steady: spot and nearby
4O.62la: future. 40. .75. Lead. steady; New
York. spot: 4.20-95: East st. Louis 4.T5
Zinc. steady; East St. Louis. spot and fu.
ture. 500. Wolframite. 24OO. nominal
iron. aluminium. antimony. quicksilver ant
platinum UNCHANGED
Evening star., 1938-02-04
DIVIDENDS ANNOUNCED

NEW YORK Feb 4.-Dividends de-
CARED, prepared by the Standard Statistics
Special.
Pc Stock of Pay
Rate riod. record able
Asrlcultural 1nsur 25c - 3-19 Al
Reduced,
standard Brands l5c .-1s Al
Evening star., 1938-02-04
NAVY CONTRACT LET.

The Navy Department has awarded
an $8l SAT contract to the American
Metal Co., New York, for 201. 800
pounds Of grade A tin at 4045 cents
q pound.
Evening star., 1938-02-04
CRUDE RUBBER.

NEW YORK, Feb. 4 H.--Cruds rubber
1923; Mey. 14.4O; July. 14.6O-l4.6l.
Evening star., 1938-02-04
MONTREAL SILVER.

MONTREAL Feb. lP,-Silver futures
May 44.40, July. 442O.
Evening star., 1938-02-04
WEEKLY FINANCING.

NEW YORK, Feb. fP-New financing
Tor the week amounted to S7a.721 162 the
largest SINCE October. special compilation
by Poor's Publishing Co, showed today.
er. Co. the biggest offering since last
March, accounted for the increase.
The comparative table follows:
,. This week. PRIV. week. Year ago.
Munic- 0'
ipal S5.517,c6e $50. .735,e25 s4o,ee7,435
Public
utility 100000 1o5,
Miscel- '"o
lane.
Gus 204,500 4o5OOO oo3 0Oo
Indus
trial 1OOOO ono
Rail- '"o'o"o
road < Ono ooo
.hs-------- 3s3,60O 1,52O,O0O
It'll S72.72l.762 S2l .544.225 S5s. 165,435
Evening star., 1938-08-17
Blue Plains Defended
BY Inmate.

To the Editor Of The Star:
A S AN inmate of this institution I
must say that the inclosed clipping
of a letter from Mrs. r. v. Miller causes
me to write you that proper justice may
be given where 1t is due. do not know
from whom Mrs. Miller got her infor-
nation, but it is entirely erroneous. Un-
til my health made it necessary to be-
come an inmate here, I was used to the
best food the market afforded. came
here five years ago weighing las pounds
and having been told by physicians I
might live for six months. Now I
weigh 1876 and for the past two years
have only eaten twice q day. Whoever
gave Mrs. Miller her information evi-
IDENTIFY did not tell all. They have a
herd of milch cows here that is noted
as one of the best In this vicinity. For
breakfast we have a cereal, coffee,
plenty of homemade bread and one
half pint of milk (not powdered milk =.
For the midday meal they are served
some kind of meat, a couple Of vege-
tables, bread and butter and coffee and
d dessert. Then for supper there is
some kind of soup with bread and but
ter, tea and one-half pint of milk.
I believe the absolute truth should be
known under the circumstances and do
hope you will give this a place in your
paper. Such articles If allowed to 60
unrefuted have the effect of discrediting
an institution that is doing such q
gracious duty as this one is.
SATISFIED INMATE.
Evening star., 1938-08-17
Trial and Error.

A bit of second guessing" now leaves
the District parking problem at inter-
sections still unsolved. After Judge
Casey has upheld the original regula-
tion, the Commissioners announce pos
sible change which will still further de-
lay the ISSUE
1t should be said, however, that there is
some merit in this particular second
guess" Instead of barring parking be-
tween an intersection and q point twen-
ty feet back of a nebulous and fre-
quently unobserved official building line,
the proposal is now a direct measure
ment of fifty feet from the intersection
within which the motorist may not park
his car.
This proposal is certainly on the right
track from the point Of view of logic but
makes the mistake Of being too definite
just as the present law is confusingly
indefinite. A blanket regulation meas
urement of fifty feet is going to elimi-
nate parking altogether in short block.
Last Monday = man was acquitted in
Police Court for violating the ban be-
cause there was no place on the block
where he could have parked without vio-
lating the law, 50 short was the distance
between Intersections.
However. the second guess" does
Evening star., 1938-08-17
Puzzled About Obeying
License Law.

To the Editor Of The Star:
JUST an example of the silly way in
which Congress functions when it at
tempts to act as city council for wash
ington.
In order to make up for the deficit
caused by the failure of the Federal
Government to pay its proper share OF
the expenses of running the city, such
as any private industry would have to
pay, the Congress has been scratching
around trying to find as many things to
tax as it can. And with some weird re-
suits.
Hence now have blue slip of paper,
designated business privilege license"
which states that my wife and are per-
mitted to engage in business known as
"house rentals"
It happens that I was formerly in the
real estate business, and when quit
had a hangover Of couple of houses
which I was unable to sell during the
depression period. One was acquired in
q trade and the other was sold and
came back on my hands. So rented
them, and have been renting them ever
since. It takes several dollars q month
over and above the rents to pay taxes,
interest and upkeep, together with cur
tails on Indebtedness. However, I sup
pose am engaged in business, II you
want to call it such. And. anyway,
the license didn't cost me anything, since
the gross receipts are too meager.
The point I wish to make is that the
said blue slip states that the law re-
quires that this license be posted In .
conspicuous place." Now just where y
"congptcuous place" for me 70 past IT.
Evening star., 1938-08-17
UniOnism Defined.

Following so fast upon the controversy
over communistic influences which has
split the United Automobile Workers,
news that four c. I. o. afiliates are
Withdrawing from participation in
West Coast convention of the c. I. O.
must be mildly disturbing to the leader
ship of that wing of the American labor
movement.
John l.. Lewis and his associates never
have denied that there are communists
in the c. I. o. although Mr.. Lewis own
union, the United Mine Workers. has a
constitutional provision barring them.
As for their admission to other unions
Of the c. I. O., the contention Of the
Lewis group is that where an employer
sees At to hire communists then they
are eligible to participate in the employe
organization.
The complications arise apparently
when the communists place their party
objectives above their union objectives-
mixing Of activities almost certain to
lead to just such troubles as are now
plaguing the c. I. O. affiliates. Similar
emphasis on Democratic or Republican
politics probably would have comparable
upsetting effect, as would any effort to
turn the union into a missionary group
for Methodism, Catholicism or any other
religious faith.
Union leaders. who are experienced
and who are sincere in their intent to
build strong unions for their proper
purpose of representing employe men,
bership in achieving improved working
conditions are aware of the dangers OF
diverting union energies to extraneous
causes. And 1t is not only to their ad-
vantage but also to that Of the rank
and file of labor and of the employer
interests who deal with organized labor
that the unions not become the tail Of
any other kite-communism, fascism,
or what have you.