davidaulloa/AmericanStories huggingface dataset:
Evening star., 1938-12-07
Buying Movement
Favors Producers
OF Steel
Iron Age Reports
Improved Outlook
For First Quarter
BY the Associated Press.

BY the Associated Press.
NEW YORK. Dec. 7.-Steel makers
are favored by enlarged buying pro-
grams in railroad material and
equipment, construction steel, tin
plate and automobile requirements,
the Iron Age reported today in its
weekly trade summary.
"Year-end caution in steel buy
ing" it said, docs not obscure an
improved outlook for business in the
first quarter"
It noted $4,000 tons of steel will
be needed for freight cars now pend
ing before rail equipment manu.
facturers. Year-end orders for rails
also are appearing, it added.
The trade publication reported No
vember output of steel ingots at
3,572 ,220 gross tons, was the largest
monthly total since September, 1881
and represented an increase of 1916
per cent over that of October. Pig
iron output increased to 2,269 983
gross tons. compared with 2,O52 ,284
in October.
Pig iron prices, it forecast, prob
ably would be reaffirmed this week.
Several bolt and nut manufac-
turers," it said, have temporarily
withdrawn prices on all headed and
threaded items with the explanation
that quotations are below manu-
featuring costs. New prices on a
higher level will be out soon.
With the Lake Superior ore
carrying season at an end, the 1888
movement was 19263,011 gross tons
the lowest since 1882"
Evening star., 1938-12-07
&c. {. Rejects Bus Line
Merger Proposal
BY the Associated Press.

BY the Associated Press.
The Interstate Commerce Com.
mission disapproved today an ap-
plication by the Gray Line Motor
Tours, Inc, of New York City for
authority to acquire control of the
Royal Blue Sightseeing Corp, also
of New York, by purchase of 1000
shares of its capital stock for $780,
900.
The Gray Line operates between
New York City and points in New
Jersey, and between New York City
and West Point, N. Y. The Royal
Blue Line conducts a sightseeing
business in the New York area.
The commission said it was un-
able to find that the terms of the
transaction were "just and reason
able" It suggested the filing of a
new application for a merger of
the companies and exchange of
stock without money payment, in
such a way that the present stock
holders of both shall share equit-
ably in the benefit of the union,
whatever they may prove to be-"
Evening star., 1938-12-07
National Income Hits
1888 Peak Despite
all in Prices
October Advance Luid
Entirely to Expansion
In Production
srecial Dispatch to the Star.

Sreclal Dispatch to the Star.
NEW YORK, Dec. THE ma
tional income produced in the
United States expanded in October
for the sixth consecutive month and
reached $5,622 100000, the highest
figure this year, according to the
Alexander Hamilton Institute.
This compares with a revised fig
ure of s5,593, 600, 900 in September
and with the 1888 low of $4,154,000,-
900 last April. The national income
in October, however, was still below
the level of a year ago. In Oc-
tober last year it amounted to
$6,345 ,OOO, 900.
The decrease from year ago,
however, was only ia per cent, or
the smallest decrease this year. Last
April, when the national income was
at the 1898 bottom, it was 30.2 per
cent below last years level. In the
first 10 months the national income
totaled s45 ,985 100000 this year. as
against $59,76l .OOO,0 last year. a
decrease of 232 per cent.
The rise in the national income
from September to october was ac-
counted for entirely by sharp in
crease in the quantity of goods pro-
duced, since prices dropped to the
lowest level reached in the down.
ward movement which began in
May, 1887. The index of the guam
tity of goods produced, on the basis
of 1929 as 100, rose from 934 in
September to 1000 in October.
The index in October was nearly
as high as in the same month last
year and as in the same month two
years ago. Consequently, with the
exception of the two previous Oc-
tobers, production in october this
! year was larger than in any pre-
vious month since 1929.
Shipments of agricultural prod
ucts in October were the largest
since the corresponding month in
1929 and nearly made up for the
failure of mine and factory output
to reach peaks attained at various
times since 1929.
In the field of mining, bituminous
coal production rose in October to
the highest volume this year. Petro-
leum output in October was larger
than in September and was only
slightly below the 1898 high, reached
last March.
In the field of manufacturing, au-
tomobile output in october showed
a sharp squirt after reaching the
low for this year in September.
Steel production in October at
tanned the highest level this year,
while cotton mill activity, after a
setback in September, increased in
October to the highest rate in 1898,
with the exception of August. Build
ing contracts jumped in October to
the largest monthly volume since
May, 1880, thus assuring the manu-
featuring industry of good sup
port for several months from this
important source of buying.
Evening star., 1938-12-07
Family Buying Power
Climbs Far Ahead
OF Year Ago
Pay Roll Rise and Drop
In Living Expenses
Are Major Factors
Special Dispatch to the Star.

Special Dispatch to the Star.
MINNEAPOLIS, Dec. 7.-Family
buying power in the United States
is now running SIS, ,000, 900 a month
higher than last summer. The gain
is due to a drop in living costs and
a sharp autumn expansion in pay
rolls, according to quarterly study
of price and wage relationships by
Northwestern National Life Insur-
ance Co.
A months supply of food for an
average United States family of four
can be bought for almost a dollar
less than last June; smaller savings
in other sections of the family budg-
ct run the total reduction from
June living costs to we'll over a
dollar.
At the same time expanding en-
ployment and pay rolls have boost
ed the average family pay check al
most 50. yielding net gain of ap-
proximately SO more goods per
month which the average family can
buy today. compared with its situa-
ton last summer. Allowing for the
unemployed. the net gain in total
family purchasing power aggregates
at least s75,00O,00 per month, the
study states.
Higher Costs Due.
Judging from the rising trend Of
wholesale food prices in Novem-
bsr, living costs are due to turn
upward again. the survey notes.
Pay rolls are expanding also, how
ever, with the holiday season just
ahead, so that the gains in net buy
ing power should be maintained over
the near future at least.
Charting the effects of price and
wage changes on the average fam
ily's pocketbook, the study shows
that family earning and spending
$l20 monthly at average wage and
price levels of 1888, had to spend
s137 % at October, 1898, price levels
to maintain the same standard of
living. Meanwhile. however, its
average monthly pay check had
climbed to $l4l3l.
At price levels of last June. the
same family's monthly expenses fig
ured Sl3843. a dollar higher. while
its share of the smaller summer
pay rolls was $139 so, almost So less.
Food Prices Down.
Most of the saving on living costs
shown since last summer is due to
the drop in food prices. A month S
supply of food for a family or four,
purchased for $50 at 1888 prices, cost
$500 for the same items in June,
1898, but only $35.4l in October,
1888. A slight shading in rental
rates and clothing prices accounts
for the remainder.
Compared with October of last
year, family buying power has re-
covered all the ground it lost in
the depression then beginning The
average family pay check is almost
Sc less than the October. 1887, fig
ure of $14724, but monthly living
expenses are down IS also, from
s14349 as of year ago A month S
supply of food cost $38. .36 at Octo-
ber. 1887, prices, s. more than the
same items cost now.
Statistically, the report points out
the coming winter should show
many gains over figures for last
winter, which reflected severe de-
preston conditions.
Evening star., 1938-12-07
FOREIGN EXCHANGE

NEW YORK; Dec. : "a little more
pressure developed against the British
pound and French franc today. throw
ing the English unit back for a loss
OF cent in terms of the dollar and
1t was believed the official French
control found it necessary to SUPPORT the
week. although selling was not severe
The Belgian belsa ran strongly against
the general trend, gaining OF of cent
The Swiss franc was a, shade higher. but
the Netherlands guilder dropped back
slightly.
4,ass.: s%;day siIs, sS:s, c.asda. Non: on:
in Montreal; loo.sl.-: Belgium, 16.S5:
Czecho -S!ovakia. 3.4"a4: Denmark. 20.9';
4o:Oa benevolent; 23ao: travel 23.55;
3..s,. >Yugoslsvis:, "a; Netherlands
Portugal; 4;s26is: Rumania, 20: Spain.
9. "a; Argentine 81 25n: Brazil lfreel.
Hong Kong. 1924; Shanghai 1920.
Rates in spot cables unless otherwise
indicated.
n Nominal.
Evening star., 1938-12-07
Chase National Sells
Block of Film Stock
y the Associated Press.

BY lNe ASSUCldCeu FIeSS
NEW YORK, Dec. 7.-Chase Ma
tional Bank announced today it had
disposed of $4,000 shares of common
and 10000 shares of preferred stock
i, of Goth Century-Fox Film Corp.
during October. mostly in private
sales abroad. This left holdings of
287 ,l58 shares of common and 67l.-
915 of preferred in its portfolio on
November /.
The bank said it was its policy to
reduce gradually holdings of stocks
acquired in readjustment of loans
which it is not legally entitled to re-
tain indefinitely in its investment
portfolio.
Evening star., 1938-12-07
Boston Wool Market

BOSTON, Dec. f4N Omitted States De-
partment of Agriculture) Scattered in
nestle wool but actual purchases were of
| limited volume
Occasional sales were closed on fine
| original bags territory wool at prices rang
ing mostly 66 to 6S cents secured basis
Tor good French combinR length and at "a
| TO 6b cents, secured basis. for average to
| short french combine length
Graded combine bright fleece Wools were
very quiet with nominal quotations steady
at 32 to- 33 cents in the grease. for three
eiEhths blood. and at 81 to 80 cents for
| quarter blood
Evening star., 1938-12-07
U. S. Treasury Position
Ry the Associated Press.

ES the Associated tIeSS.
The position OF the Treasury Decem-
Der 3:
Receipts. S26,969,s1s IA; expenditures.
S49,1 l2,527 Is; net balance. S2.3S0364, =
056.5O, including S1,159. II O.H24.13 work
ing balance; customs receipts for the
month, S4,9l2,:52O.
~ tssioSS 5o i9 t 5 HSeAt expendtares ys s
s2l .355, 047.14. including 81 1855, ,543.-
6!2.9S of emersency expenditures; excess
of expenditures. 81 53l Al ,01g.Sl: gross
debt. S3s $50 966. .429.4s, an increase of
S1,559, 925.O3; gold assets. S14,349, 136,- -
451.16.
Receipts for December 4. 1897 tcompar-
able date last year., S33.674 s2394 ex-
So 692 ,290 45S.S4 including S9l9.7s2.-
1881 working balance: customs receipts
R the 'ft fiscal ose Year ss.44sis3s34p: eS eSl
penditures. S3.I77, 469.33l .O5. including
Ss75,325,456.33 Of emergency expsndi-
lures; excess of expenditures. S135.2S7. =
007.60: gross debt. 37l5S,S1O,519.61; +;
gold assets, S12769.1 39.2O6.9s.
Evening star., 1938-12-07
Stock Exchange Lists
1889 Bond Issues
By the Associated Press.

By the Associated Press.
NEW YORK, Dec. IA total OF
1889 bond issues having a total
market value of $45, Al ,652 ,321 and
par value of 5O,3Ol ,123,8l5 were
listed in the New York Stock Ex-
change as of November 30, it was
announced today Average price
per 81 900 bond was $9OO.34.
A month earlier there were 1876
issues with a total market value of
s45 ,539 1873 999, par value of $50,224,-
879,86S and average price of $90067
a 81 900 bond.
Evening star., 1938-12-07

Almerias, 1909 90; Ouvette, .4o-1.5o
HONEY-Virginia, cartons, 2-dozen,
comb. 3.50-4 90
ORANGES-No carlot arrivals: one car
diverted; one unbroken car on track
Florida standard boxes, 1.5O-2.5O. as to
grade and size.
PEcANs--Georsia per pound: stuarts,
14-l6; Schleys 2O-25
PERslNMoNs-Calif nat crates,
OO-1 rs.
ACORN SQUASH - Nearby sections,
bushel baskets. 1875.
RHUBARBNNo carlot arrivals: one
broken car on track. California. 60
uound boxes. 1.O0-l 10.
CO.l25
Evening star., 1938-12-07
London Meal Market

LONDON. Dec. Z lP.-Closing: Copper
standard spot, f43 13s Sd; future. f4a
1ss. Cd: electrolytic spot bid, f49 IS;
asked, f49 lbs. Tin. spot, f215 los:
future. .f216 5s. Bids. Lead. spot GI5
3s Cd; future. els rs Sd. Zinc, spot flJ
lbs Cd; future. f13 It's Cd.
Evening star., 1938-12-07

The Bureau of Standards has re-
newed without change its simphned
practice recommandations for the
dental brush wheels industry.
Evening star., 1938-12-07
Investing Companies

NEW YORK. Dec LP-Investment
Bankers Conference Inc:
Moon quotations.
Evening star., 1938-12-07
Freight Car Loudinqs

NEW YORK, Nov. Z LP).-Revenue
freight car loadings of railroads
reporting today for the week ended
December 3 included:
Evening star., 1938-12-07
Notice Of Redemption
70 THE HOLDERS OF
WASHINGTON GAS LIGHT COMPANY
,8sfunding Mortsase Gold Bonds. 81 Series
Due 1868:

WASHINGTON GAS LIGHT COMPANY
,RsfundinE Mortxase Gold Bonds. 81 Series
Due 1868:
suant to the provisions Of the Mortgage and
Deed Of Trust dated January l, 1888 and the
provisions Of the Supplemental Indenture
thAreto dated January l, 1888. between
washington Gas IAght Company and The
Chase National Bank Of the City Of New
National Bank Of Washington. d. c. is
Successor Trusted. Washington Gas Light
Company has elected to redeem all Of the
Refunding Mortgage Gold Bonds Sc Series
due 1858 on January 3, 1899; and on said
date there will become and be due and
PAYABLE upon each Refundins Mortx.se
Gold Bond, So Series due 1883, at the prin.
eipai ONCE Of The Chase National Bank Of
the City Of New York in the Borough Of
Manhattan. The City Of New York uhe
agency Of the Company in the Borough Of
Manhattan. The City Of New York; and At
the principal once Of The Riggs National
Bank Of Washington. d. c. in the District
Of Columbia, the full principal amount Of
sid bonds together with accrued interest
thereon to January ;, 1889 and q premium
On said principal amount OF four and one
half per cent. A2%); and from and after
January B. 1899 interest on said bonds viii
cease to accrue.
REGISTERED bonds without coupons and
coupon bonds registered as to principal pre-
sented for payment must be in negotiable
form: coupon bonds must be accompanied
By AL coupons appertaining thereto matur-
ing on and after July l, 1899 Coupons
maturing January /, 1899 may be detached
and presented for payment in the usual
manner.
:. WASHINGTON GAS LIGHT COMPANY
-. BY MARCY L. SPERRY, President
Evening star., 1938-12-07
by HAKtY Z, SPERRY, PTeJfdtNS
0sted. November 2, 1898.

owners Of the above bends may xvrrender
sueh bends, together With all coupons amer.
taining thereto maturing on and after ia nm.
ary /, 1889. At either Of the places Of payment
Abevs specined. At any time prior to jan
AhA premium and interest accrued Ia J,n
Vary 3, 1889 en- such bonds 30 surrendereS
Evening star., 1938-12-07

'Quotations not furnished by sponsor OF
tssuer: all others are obtained By I. B. C
from those sources
Evening star., 1938-12-07
London Gold, Silver

LONDON. Dec. z R-Bar gold. 14ss
Sd. up pence {eauivalent. S34 7el. Bar
silver 2O1isd, on one-sixth equivalent,
4232 cents)
Evening star., 1938-12-07
Foreign Markets

LONDON. Dec. : lP.-The stock mar
ket tried the upgrade today with fair sue
cess. TransAtlantics advanced in line
with Wall Street. Coppers responded with
broad gains to the quota cut and Kafirs
were marked UP. Rubbers held firm and
oils were steady. British funds moved up
sharply. Most industrials were quietly
Evening star., 1938-12-07

PARIS. Dec. = GP-Prices swung un-
evenly in the BourSe today Rentes were
125 centimes HIGHER to 30 OF. while Bank
Of France gained so francs at the finish
ROYAL Dutch advanced 81 francs. while
Suex Canal dipped As
Evening star., 1938-12-07
Continued From Page A-16.)
Washington Exchange

SALES.
Capital Traction 5s-$1 900 at IS
$1,000 at IS.
Washington Railway g. Electric pfd
3 at lis.
Mergenthaler Linotype-40 at 237s
IS at 237s.
AFTER CALL.
Washington Gas Light pfd.-10 at
los.
Mergenthaler Linotype-12 at 1884
Evening star., 1938-12-07
Code Is Renewed

Also extra or extras.
Declared or paid so far this year.
Evening star., 1938-12-07

LIVERPOOL. Dec z An.-Cotton fu-
lures closed to points higher today on
short covering and Bombay buying Offer
ines were lisht following recent liquidation.
Firm shippers offers and December COW
erinp in wheat futures offset action of
North American markets and higher Ar
gentine crop estimate Final prices were %
penny up to u down
Evening star., 1938-12-07
NEW YORK STOCK EXCHANGED

Approximate Soes of Stocks the NJ Y Stock Exchange
ll:OO A.M.-------- 100000 1880 Noon----- $4,000
100 PM .------- 100000 $500 PAX $4,000
OF shares
In
sankupey Aet or securities assumed by such eopanes
share g
last year Cash Or stock Aceumulasd dividend paid
ments based the last quarterly semi decaraona
Unless otherwise noted special extra dividends
Evening star., 1938-12-07

Plus extra eo'a extra foH,Ca ex-
ira, 75c extra. g s14 extra PAID No
vember 80, 1887. 3Oc extra m So extra.
soc paid September 90 1888
Evening star., 1938-01-06

United States Army Field Artillery
Reserve Corps.
The verdict came Just after the
plaintiff had presented his case.
Beazley. disbarred attorney. per-
mitted under the law to conduct his
own case. entered motion to set
aside the verdict. Judge Pollard over
ruled the motion. Beazley then gave
notice Of an appeal and was granted
80 days in which to prepare his bill
OF exceptions.
Col. Shepherd testified he had not
Evening star., 1938-01-06
NOTES TO Be USED
|NTR|AL RELEASED
Letters From Slain Mrs.
Wright to Parents
Made Public.
81 the Associated Press

By the Associated Press.
LOS ANGELES. Jan. 6.-District
Attorney Buron Fits released today
letters written by Mrs. Evelyn Wright
to her parents, Mr.. and Mrs. j. E..
Mcbride of Detroit, that are to be
used in the trial of her husband. Paul
A. Wright. charged with numbering
her and John B. Kimmel
The letters detail incidents Of the
couples unsettled domestic life that
led to the Staying of Mrs. Wright and
Mr.. Kimmel in Wrights Glendale
home November 10.
One letter. to her mother, dated Oc-
tober q, 1886, read:
paul and I are on the verge OF
separating all the time. Last week he
saw a lawyer to make arrangements
for me to see him, and it is only be-
cause 1 didn't go down that We are
still together.
II love Paul but the knowledge he
cares so little for me is getting me.
We have been doing nothing but stay
nome ana STARE dI GdCil Otllci III tlilo
big living room"
Another letter dated September 25,
1885. stated that a contributing factor
to their marital unhappiness was
Wright's refusal to see her daughter
BY a previous marriage. Joan. 8, who
was being cared for by her parents.
Later, Mrs. Wright wrote:
Paul plans to take his vacation
next week We can't go anywhere be-
cause we never had been so completely
stone broke We are both suf-
fering from the nervous jitters, he
because he is anxious over money
problems and I because I realize Paul
doesn't care continental about me. "
Wright's trial starts January IL. He
pleaded innocent and innocent by rea-
son Of insanity.
The letters which Mrs. Mcbride,
here for the trial, turned over to the
district attorney in expectation the
defense would claim that Wright killed
to protect his home. included intimate
notes addressed to Mr.. Mcbride as
dearest Dad"
Evening star., 1938-01-06

phone and Telegraph Co., died yes
terday In the gas-fllled kitchen Of
his apartment. He left two notes
to his wife. Lillian, requesting SIM
pie funeral and that his body be
cremated.
A building superintendent found
Mr.. Gilbert's body after he was at
tracted to the apartment by the odor
OF gas. -Four Jets of the kitchen
stove were open.
A native of New York, Mr.. Gilbert
became prominent in the radio indus
Evening star., 1938-01-06

made any Misrepresentation 10 the
military board regarding the char
acter of the plaintiff and the Govern
ment's attorneys contended that what
ever remarks he made before the
board were privileged because he was
acting In the line Of military duty.
Evening star., 1938-01-06

try soon after graduation from high
school. He left the De Forest Co.
pany to become executive vice presi-
dent OF the holster Radio Co.. and
later became an executive Of the Cor
nell-Dubilier Condenser Co., where
he remained until q year ago.
Evening star., 1938-01-06
DIRECTS VERDICT
IN ARMY SANDER SUIT

By the Associated Press.
RICHMOND. Va, Jan. 6.-Judge
Robert N. Pollard directed q verdict
yesterday in favor Of Col. William H.
Shepherd In q $4,000 SANDER suit
brought by j. Henry Beazley, former
lieutenant colonel OF the 18th Division,
Evening star., 1938-01-06
u. S. JURY INDICTS FIRM
ON SHIPMENT CLAIMS
Lumber Company and Its Presi-
dent Accused-Others Charged
With Asking Rebates.
By the Associat ted Press.

By the Associated Press.
BOSTON. Jan GA Federal grand
Jury yesterday indicted the Interstate
Lumber Co. Inc, of Loyalton, Calf,
and its president, S. M. Silverstein, on
charges of making false claims on
lumber shipments from the Pacific
Coast to Southern New England in
violation of congressional act regu-
lating interstate commerce.
The jury also indicted Dominic
Spinale Joseph Morcelo and Peter A.
Capodelupo, Boston produce dealers,
and Clifton c. Simmons, Staten Is
land. N. Y, perishabe goods inspector,
on charges of conspiracy to violate a
Government act by soliciting rebates
on shipments Of grapes.
The Indictment charged the Cali
fornia firm with making false claims
for lumber damages.
Evening star., 1938-01-06

Building and public improvement
are active in Zurich, Switzerland, in
preparation for the national exposi-
ton in 1889.
Evening star., 1938-01-06
Iong.Distance Taxis,

Miss Florence Blenkiron, former
motor cycle record holder, plans q
taxi service from Algiers to the
Evening star., 1938-01-06
RADIO PIONEER DIES
IN GAS.FILLED ROOM

Charles Gilbert, 40, Former Ex-
ecutive of Companies, Requests
Simple Burial.
By the Associated Press.
NEW YORK, jan 6.-Charles Gill
bert. 49, former vice president and
treasurer of the De Forest Radio Tele-
Evening star., 1938-01-06
Jolly Polly
A Little Chat on English
BY JOS. J. FRISCH.

P. Y-Luxuriant hair" is the cor
rect form, not luxurious hair" Lux
uriant means exhibiting or character
lied by heavy. excessive or abundant
growth. Luxurious means pertaining
or administering to luxury; supplied
with anything that ministers to COM
fort or pleasure, but is not necessary
to life, health or subsistence
Evening star., 1938-04-26

tions having democratic systems find
that the principles guiding their home
policies run counter to their interna-
tional attitude.
THE principle of economic democ-
racy between nations is 4 requisite
basis in fact for international policy.
Also 1t Is the best safeguard of DEM
ocratic system within each country"
Should Live Up,to Treaties.
Applying his new principle to prob
lens of the relations Of Western Hemi-
sphere republics, President Cardenas
went on to say. continents have amply
discussed their own problems and
covenanted not to interfere in each
others internal affairs.
THE countries Of America should
zealously see that treaties they have
entered into are complied with in good
faith.
"The strong should recognize the
right Of the weaker to organize them
selves to better the national life and
the weak should act always with a
sense Of responsibility in honorably
discharging all obligations UNDER
taken"
Mexican-American relations, Presi-
dent Cardenas continued, have not
been and ought not to be impaired by
Incidents occurring between the gov
ernment Of Mexico and certain in
terests which. after having proflted
from the petroleum interests of Mexi-
co beyond anything the citizens Of
the United States have imagined,
sought to hold in contempt the highest