davidaulloa/AmericanStories huggingface dataset:
Evening star., 1938-09-14
AIR RAID PRECAUTIONS.
War or Peace Decision Near, Says
Berlin Press.

War or Peace Decision Near, Says
Berlin Press.
BY WALLACE r. DEUEL.,
Chicago Daily News Foreign Correspondent.
BERLIN, Sept. 14-Elaborate anti
air raid instructions for the civil pop
ulation Of Berlin were published here
today, and measures for protecting mil
itary objectives as well as civilians
against bombing attacks were checked
over, as the Nazi press openly declared
that the question of peace or war for
Europe will be settled within the next
few days.
A practice anti-air raid drill had
been scheduled for Berlin for some
time. An official said today that the
new instructions were simply restate-
ment of those issued for previous drills,
and the exercises, due within the next
few days, would only be . repetition Of
previous ones, having no connection
with the present German Czech crisis.
With tenkon mounting hourly, to
new and hoksning heights, however,
Evening star., 1938-09-14
CAB DRIVER PREVENTS
LEAP FROM BRIDGE

A taxicab driver prevented q fare
from jumping of the Highway Bridge
today. according to police report.
The report said the driver, Carl
Senseman, 1900 block Of Third street
NV, took the passenger to the Vir-
ginia side Of the bridge. The man
paid his bill. got out and started back
across the bridge. The taxi followed,
and the driver grabbed the man as
he was about to jump.
A policeman called by the taximan
took the passenger to No. 4 precinct,
where he was questioned and released.
Evening star., 1938-09-14
1000 MORE REQUESTS
EXPECTED BY P. W. A.
Applications Deadline Sept. 80 to
Find Many Bids for Aid, !,
officials Believe.

P. w. A. officials today predicted an
additional 1000 requests for funds
under the new public works program
would be filed before the door is closed
on applications September 80.
During the last week field officers
have received a daily average Of 126
applications. AS the deadline ap-
proaches they predicted the number
would pick up.
The program is now in its 18th week.
Approval has been given 5,953 Federal
and non-Federal projects. with an
estimated construction cost Of ST.
80.976,224. P. w. A. has allotted
$778,892, 1874 of the total. The re-
mainder must be provided locally.
Evening star., 1938-09-14
Prague
Continued From First Page.)

region the party felt that proper at
mosphere for negotiations no longer
existed
Whether Henlein himself could be
induced to confer with President Ed
uard Benes or Premier Milan Hodza
remained question.
Martial Law Extended.
Meanwhile, martial law was extend
ed over two more Sudeten communities
-Komotau and Grasslitz. Soldiers
and special police this afternoon were
preserving order in 10 frontier dis
trlcts. Reports to the capital indi-
Gated they were doing an effective job.
All quiet throughout the republic"
the Government radio announced
jubilantly at pm. g am, E. S. T.).
1t was estimated that more than a
million citizens of Czechoslovakia
were subject to the stern regulations
OF defense of the realm acts (martial
law). Soldiers were in complete con-
troll of regions in which disturbances
following Adolf Hitler's Nurnberg
speech of Monday night resulted in the
deaths of at least II persons.
U. S. Interest Increases.
Increased American interest in de-
velopments here was indicated by a
visit to Foreign Minister Kamil Krofta
by Wilbur j. Carr, United States Min
lister. After this conference Krofta
returned to the almost continuous
deliberations of the cabinet inner
council at the war department.
The foreign minister would not COM
ment on reports that several classes
of army reservists had been called to
the colors
Ofhcials explained that in normal
times reservists constantly were en-
tering or leaving active service.
A government source emphasized
there was no special troop movements
toward the tense Czechoslovak- Ger
man districts where IL were killed and
many injured in clashes following
Hitler's speech.
Highways Patrolled.
Soldiers in automobiles patrolled
highways leading to the Sudeten Ger
man cities. Many residents left their
homes there and fed to Prague.
The city of Prague launched a drive
for a public subscription to raise ma
tional defense funds as the nation
awaited the next move and speculated
upon possible action by Germany.
The breakdown in -Sudeten
peace negotiations and the Czech gov
ernment's virtual refusal of Henlein's
ultimatum against martial law added
new tension to the crisis.
Sudeten German declarations that
no conditions longer existed for con-
tinuing the negotiations and the SUBJ
sequent ultimatum. which expired early
today, apparently only brought strong
er government measures to prevent new
disorders by dispatching reinforce
ments to Sudeten garrisons.
Henlein Move Awaited.
Czech officials appeared to be watt
Ing the next move by Henlein's follow
ers after advising the Sudeten Ger
mans that the government was ready
to discuss the Sudeten demands If they
were presented by q delegation in
Prague.
Reports persisted that Henlein him.
Evening star., 1938-09-14
Church Dinner Postponed.

The September dinner Of the Mount
Olivet Church, Sixteenth street and
North Glebe road, Arlington, Va,
scheduled for tomorrow, has been
postponed one week, 1t was announced
today. The affair is under the auspices
of the Women's Auxiliary.
The Washington times., 1938-10-11
STOCKS FIRMER,
WITH CHANGE IN
PRICES,SM
SteeIs, Motors, Rails in
Recovery Drive
BY LESLIE GOULD

NEW YORK, Oct. II QN.S0,
The stock market firmed today,
although price changes in most
instances were comparatively
small.
Steels, motors, rails and rub
bers were prominent on the re
ccvery movement. Merchandis
ing shares, mail orders and rail
equipments also recovered initial
losses but oils and chemicals
Jagged.
MODEST GAINS
Included among the represen-
tative stocks of substitute modest
gains for similar first-hour de-
clines were U. S. Steel, Bethle-
hem, Chrysler, General Motors,
Ward, Anaconda,
N. Y. Central, Santa Fe, Gimble,
U. S. Rubber and Douglas Air
craft. Johns Manville converted
a point loss into an equal gain.
Loft continued it's spectacular
performance, squirting 23s points
to a new high of 824 before profit
taking halved the gain.
COTTON CLIMBS
Commodities were quiet. Grains
slipped irregularly lower, but cot
ton climbed about Is cents a bale.
Copper futures continued to gain
ground in the minor staples.
Bonds were dull.
Foreign security markets were
quieter and steady today. Eu-
ropean currencies rallied some
from the preceding days weak
ness.
The Washington times., 1938-10-11

momentum by reassur1ng beariSh
or tmiid buyers.
Briefly, the facts are that, aside
f;om a few farm products which
are now in over-Supply, commodity
prices were decidedly strong last
week.
Judged by the action Of the
more sensitive commodity markets,
and by the Statistical positions"
In those markets, the trend had
definitely turned upward.
STEEL IMPROVES
Certainly the steel industry,
after a dip, now appears to be look
ing up bit. The sensitive steel
scrap market has, on the whole,
been holding and is firmer in the
east, where all distress supplies are
reported taken care of.
Last week, automobile produc-
ton turned up more decidedly
than heretofore.
OF course, public works" and
the WPA type Of building are
active, and this largely accounts
for last weeks gain in sales Of
steel for construction purposes.
The textile industries are con-
firming forecasts of a cyclical up
turn, with cotton gray goods max
ing an especially strong showing.
Railway carloadings continue to
gain.
The Washington times., 1938-10-11
Washington Produce

rivals; l broken and l unbroken cars on
track. New York, 5O-lb. sacks, Danish
type, 300 40c; crates approximately so
lbs, red type, 81; Pennsylvania, 1h-
bushel hampers, domestic type, 5O@6Cc.
Carrots-Market steady. One CaIifor-
mia arrived: broken cars on track.
California, western crates, punched, IS, so
"a; Pennsylvania. bushel baskets,
topped, washed, 75c.
Celery-Market steady. One New York
arrived; 2 broken and 1 unbroken .drs
on track. New York, u crates, indi-
vidually washed S-6 dozen, $1,5O@ 1G5.
Grapes-Eastern stock: Market steady.
Two California arrived; broken and 4
unbroken cars on track New York,
table stock, 12-quart climax baskets,
45c; 2-quart climax baskets, lac: Cali
fOrnia, lugs Thompson seedless, $3.50
$50.
Lettuce-Market steady. One Califor-
mia arrived; broken cars on track.
California. Western crates, iceberg type,
dozen. $3.75@4.
Onons-Market steady. One Colorado.
Indiana, Michigan arrived: 4 un-
broken cars on track. 5O-lb, sacks, U. S.
No /: Yellows, Indiana and Michigan.
80 a 9Oc: New York. small size, SO@9Oc;
medium size, $101.1O: sweet Spanish,
inches and larger. Idaho, $1.3O@1.35.
Pears-Market steady. No carlot ar
rivals; unbroken car on track. Bushel
Seckels, y inch minimum, 81; 1h-lnch
minimum, $50; 1A-inch minimum, 81
@1.25; Bartletts, 2-inch minimum, $1.50
@1.6O.
receipts moderate. North Carolina,
bushel baskets, Puerto Ricans, mostly
around 75c: Maryland Anne Arundel
county, bushel hampers. Jersey type and
Nancy Halls, 65@75c; Louisiana, bushel
crates, Puerto Ricans. U. S. No. 1. 81 q
The Washington times., 1938-10-11
B. & 0. Must Pay
$1,O63,14O 10 Ease
Funded Debt Load

1.N.S) It will cost the Balti-
more and Ohio railroad approx
mately $1,036s s140 to carry out its
plan for modification of charges
and maturitieS on its funded. debt,
George M. Shriver, senior vice
has advised the Inter
state Commerce Commission.
Counsel fees are not included
in the estimate. The expenses
are less than "a of l per cent of
the outstanding securities af-
fected by the plan, Mr.. Shriver
Stated.
The Washington times., 1938-10-11

troubles have been fomented.
We hope and expect to meet
such situations as may arise"
LOOKS FOR IMPROVEMENT
Thomas E. Wilson:
"Our business recently has
been better. Although it has not
been a good year. we are hope
full that for the next few
months, at least. we will have
improvement. Our price levels
are much lower than a year
ago, which seems to fit in with
the spending power of the
people, so that our volume is
being we'll maintained"
CAN'T TAKE AND HAVE
President Fred w. Sargent, Chi
cago and Northwestern:
There can be no real, def
mite, sustained prosperity until
certain fundamentals are cor"
rected, the chief of which is ex-
cessive taxes and fear of greater
taxes. You cannot continue to
siphon so large part of the
earnings of individuals and cor
porations over into non-produc-
tive improvements through Gov
eminent expenditures and hope
to lay the foundation for con-
tinued prosperity.
Il have recently been up
through Wisconsin and have
talked with some Of our indus
trial leaders heads of plants,
etc. The fear of what labor,
especially to CIO, may attempt
to do is real fear. Industry
cannot and will not plan on
any Ong-range program for i'm
provernents under existing labor
conditions. which means in large
measure existing labor leader
ship.
MUST HAVE COURAGE
"Let us not fool ourselves.
Let us frankly admit we cannot
have sustained prosperity until
we have the political courage
to balance bucgets, reduce taxes.
correct impossible and waSteful
labor practices that are even
more injurious to labor itself
than to capital, and until
labor can come to realize that
the thing that counts is not the
rate OF pay but the amount of
of money in the pocketbook at
the end of the year.
In short, I do not look for
any sustained prosperity under
existing conditions other than
may be experienced by tempo
rary pump p-primins and spas
modic Spurts in the purchase
and use of consumer goods"
Copyright, 1898. by B. c. ForbeA)
The Washington times., 1938-10-11
Credit Company
In Md. Sells Out
To n. Y. ConCerr
(FurnIshed by W. b. Hibbs q Coz

NEW YORK, Oct. IL QN.S0.
Commercial Credit Corporation
has completed arrangements to
purchase the entire capital stock
of Manufacturers Finance Com
pany of Baltimore.
Manufacturer Finance was or
ganized in 1909. 1t purchases cur
rent open accounts and notes re-
ceivable. Last year volume
totaled $5O,CO0,O00. Commercial
Credit Company last year handled
a volume of 1898 900, 900.
The Washington times., 1938-10-11
RFC WILL BUY
PA. ROAD BONDS

0.N.S9 Arrangements for Re.
construction Finance Corporation
purchase of $4,000, 900 in bonds
and q Public Works Administra-
ton grant of $26, 100 900 were COM
pleted today as the final step to-
ward construction of the Harris
urg-Pittsburgh superhighway.
Chairman Jesse Jones said the
RFC would purchase the bonds.
all bearing 3A per cent interest.
and issued as 30-year common
wealth of Pennsylvania obliga-
tions.
The arrangements were made by
the RFC, PWA and the Pennsyl.
vania Turnpike Commission. The
RFC bond purchase from the turn.
pike commission was made on a
~ per cent yield basis.
Chairman Jones said $40, ,OOO, 900
Of the issue had been sold B. j.
Van Ingen & Co., Inc, of New
York at q price Of 951a and in
tereSt.
The Washington times., 1938-10-11

preCCy gOOo shape.
THE outlook for livestock sup
plies next year is encouraging.
Our volume, particularly Of
hogs, will be larger than for
some time. That should fur
ther help us in reducing unit
costs.
LAS for livestock prices, if
they go up we should make
profits. If they remain stable,
we should also make profits.
Our record shows we have al
ways earned money except when
prices were declining.
Il do not expect business in
general TO have boom. There
are too many uncertainties con-
fronting business men, and too
many barrier still standing in
the way of trade and prosperity.
In spite of these barriers, how
ever, look for moderate improve
ment during the balance of this
year"
LABOR MAIN TROUBLE
President R. H. Cabell, Armour
and Company:
"Our business during the past
several months has been en-
couraglng, with livestock prices
and meat prices at levels which
have tied reasonable
profits. A substantial increase
in livestock receipts is expected,
beginning in November. The
prospect of ali increasing volume
of good to sell is pleasing. Many
signs point to improvement In
the employment situation. and
consequently the demand for
meat.
"Our principal problem at the
moment has to do with labor re-
lations. The CIO is undertaking
in various ways to enfold our
workers, and in the process sit
down strikes and other labor
The Washington times., 1938-10-11
Money Market

NEW YORK, Oct. II G.N.SJ.
Bankers acceptance market rates
unchanged; 80. 80 and 90 day
bills quote u per cent to 7-16 per
cent; four months, 9-16 to u per
cent; five and six months, 20 to
GIG per cent.
Commercial paper rate at 70 to
l per cent.
Time money offered at ~ for
maturities up to 80 days; 11a per
cent for four, five and six months
maturities, all unchanged.
Call money at per cent.
The Washington times., 1938-10-11

feels the need of some appease-
ment.
More tangible al d definite, how
ever, Is the continued evidence of
a turn in commodity prices. Rising
wholesale prices would now do
much, not only to help inventory
values, but, above all, to encourage
normal buying. COZ course, a rise
would reflect the fact that better
buying had already occurred; but
such moves always have psychlogi-
cal reactions, and a rise gets up
The Washington times., 1938-10-11
FORD RECEIVES
Benefit OF CUT
ON LARGE ORDER
Reduction Ordered tt
Meet Competition

NEW YORK, Oct. IL u.N.SJ.
General offices of the United
States Steel Corporation today
officially denied that its SubSid-
iary, Carnegie Illinois Steel Cor.
poratiOn, had instigated the re-
cent slashes in prices for sheet
steel. A statement said Carnegie
Is only remaining competitive"
PITTSBURGH, Oct. II QNS0
4 Sheet steel used by Detroit auto
mobile manufacturers tumbled 81
a q ton in price retroactively today
as the undeclared price war inau-
gurated between big Steel" and
its independent competitors last
June continued.
The reduction Of 81 ton on the
sheet steel for the Detroit area
was announced today by U. S.
Steel, Bethlehem and other major
producers.
FORCED TO CUT PRICES
A spokesman for U. S. Steel
said that corporation was forced to
pare prices to meet a competitive
position caused by other produc-
ers. He said other corporations,
not Big Steel, had taken the lead
IN the price cut.
Last June Big Steel" upset the
industry'S price system by drop
ping its So-called Pittsburgh plus"
pricing system. Under this SyS-
tenn the cost of transportation
from Pittsburgh was added to the
price of steel delivered from other
plants.
The result was a sort of price
protection to independent COM
panies who were forced to ship
from long distances. Abolition OF
the Pittsburgh plus" plan sharp
Oned competition between big
Steel" and its smaller competitors.
THE NEW PRICES
Today'S slash covers all unde-
liVered as well as current orders.
. The reduction began when Ford
Motor Company recently placed
an order for about $4,000 tons of
cold and hot rolled sheets, divid-
ing the business between U. S.
. Steel and Bethlehem.
The reduction brings the Detroit
delivered price to $2.05 hundred
weight as compared with $2.25
previously for hotrolled sheets
and to $3.10, as compared with
$3.50, for cold-rolled sheets.
The Washington times., 1938-10-11
5 Million Suit Filed
AGAINST Oil Company

CHEYENNE, Wyo., Oct. II
U.N.S "A suit for $5,500,000
against the Ohio Oil Company was
on file in the United States dis
trict court here today. Richard F.
Cooper and Barbara C. Cooper,
British subjects residing at Lar
annie, Wyo., contended the con-
Germ had drained oil and gas from
their leases on Rock River.
The Washington times., 1938-10-11
Washington Stocks

SALES
Washington Gas Light, prefer
red, 10@100b.
AFTER CALL
Washington Gas Light, prefer
red, 2O@100A, 5O@100A, so
100H, 10@100b.
NOTICE-ThiS exchange will
be closed tomorrow Columbus
Day"
The Washington times., 1938-10-11
.14.7 P. C. EARNED.
BY MAYFLOWER.
ON BOND ISSUE.
6-Month Gross Income
Totals $l,25O,OOO
BY RICHARD r. BAKER, jr.

Mayflower Hotel Corporation,
operating the Mayflower Hotel, re-
ported a gross income Of more
than $1,250,000 for the past six
months, it was reveafed today in
an analytical statement Of Amott,
Baker and Co., Inc, and shows
that the hotel earned at the rate
of lat per cent on its $4,189, 800
first mortgage bond issue.
The latter figure, however, is
before deductions for depreciation
During the past three years, more
than $750,000 has been spent in
rehabilitation and air-conditioning.
Mayflower's financial structure
was reorganized in 1895, former
first mortgage bond holders receiv-
ing new bonds to the extent Of so
per cent of their holdings, receiv-
ing in addition. a pro rata share
in the ownership Of the property
ASKS EXEMPTION
Washington Gas Light Company
has applied to the Securities and
Exchange Commission for exemp-
ton from the requirement for fill
ing a statement covering the issue
of $8,500,000 4 per cent refunding
bonds, which have been committed
to six insurance companies, pro-
ceeds of which will be used to re-
tire a similar amount of mortgage
bonds due in 1858 and carrying S
per cent interest.
A. Scott Offutt. vice president
of the City Bank, began his vaca-
ton yesterday and will spend most
of it golfing out at Columbia
Country Club.
MERGER PLAN
Entire capital stock of the Man
ufacturerS Finance Company, of
Baltimore, one of the Oldest firms
of its kind in the East, will soon
be purchased by the Commercial
Credit Company, If the necessary
number Of stockholders of the for
mer company agree to the plan.
Under the proposed purchase
plan Commercial will pay Manu-
facturers an initial 81 share on
first preferred stock, 81 a share
on second preferred and 81 a
share on common. It is further
contemplated that, upon compile
tion of the liquidation of certain
other assets of Manufacturers,
asserting stockholders will re-
ceive their share of the proceeds.
Organized in 1909, the Manufac-
turers Finance Company began
the purchase of current open &C.
counts and notes receivable, at
tanning a volume OF $50, ,000, 900 in
1887.
COMMERCIALS GROWTH
In recent years Commercial
Credit Company has built up a
growing business along this same
line and has the necessary office
machinery already in operation to
handle the additional business
that will come with Manufac-
turers' liquidation.
v. G. Huntington, president of
Manufacturers, will become vice
president of Commercial, in charge
of the new business in this field.
The Washington times., 1938-10-11
COMMERCIALS GROWTH
Treasury Condition

U.N.S). Treasury balance Oc-
tober 8, $2,877, ,687 ,195. 90; internal
revenue, $10,543,9 ,93O.38; customs
receipts, $8,274,749.83. Receipts,
$1.615,952,952; expenditures, $2,-
452, ,080,713.
The Washington times., 1938-10-11
LOCAL TEMPERATURES
DEPARTURES

Accumulated excess Of temper
ature since January l, 1888. 66O.
Deficiency of temperature since
October /, 1888, 81.
Accumulated deficiency OF pre-
cipitation since January l, 1885,
5.73.
Deficiency of precipitation since
October /, 1888, rs.
Temperature same date last
wear: Highest, So; lowest, A.
TEMPERATURES
The Washington times., 1938-10-11
Name New Head

DENVER, Oct. II G.N.S0.
w. A. Maxwell, Jr., Of Denver,
yesterday was elected president
of Colorado Fuel and Iron Corpra-
ton. He succeeds Arthur Roeder,
president since 1929.
The Washington times., 1938-10-11
The Weather

District OF Columbia Fair,
slightly warmer tonight; Wednes-
day fair, warmer; gentle variable
winds, becoming south.
Maryland-Fair with slowly ris.
ing temperature in the interior
tonight and Wednesday.
Virginia-Fair, slightly warmer
in north portion tonight; Wednes-
day partly cloudy, slightly warmer
TIDE TABLES
High tides today at 8:59 a. nj.
and at 9:23 p. m.
Low tides today at 1888 a. m.
and at 3:33 p. m.
High tides tomorrow at 9:41
a. m. and at 1906 p. m.
Low tides tomorrow at 1920 a. m.
and at 4:14 p. m.
The Washington times., 1938-10-11
United Fruit Shows
$6,859,OOO Profit

NEW YORK, Oct. II Q.N.SO.
United Fruit Company today re
ported profit for the nine months
ended September 80, 1898, OF
Sc, ,859, 900. In 1887 the company
reported a profit of $7,592,0 900
for the six months ended June
30.
The Washington times., 1938-10-11

the past year
to get ur
costs reduced.
We are just
old-fashione d
enough to be
q u ite S ur e
t h a t reces-
SionS CO m e
W h en- costs
get too high,
and disappear
W h en- costs
are sufficient
lv rnClIlc cd
From this
point of view,
we are in
The Washington times., 1938-10-11

p r o por rtions,
the signs of re-
newed improve
ment can now
be taken with
out much salt.
Not the least
l m p o rtant of
the Straws in
the wind was
the Presidents
talk about "sa-
ber rafting" by
business m e n;
for it appears
to suggest that
as election day
nnnnnnnhnn IL
The Washington times., 1938-10-11
of Sheet Steel Sashed $500 Ton War with Independents
Trade Resumes
UPsuu1'd S'G'iN'g
Haney Cites Statistical Evidence of
Improvement in Business
By LEWIS HANEY

NEW YORK, Oct 11In general it may be said that bus
activity after aerng two weeks seaded last week
and began show signs of esumng the rise which going
on in August And after ALL what could ask for,
view of the fears hurricane disasters and political
taintY of the recent pastf
The Washington times., 1938-10-11
Packers Predict
Gains m Business
But Some Find Labor Relations
Stumbling Block in Way
By B. G. FORBES

of the world and into the budget of every
housewife it interesting what's what in this vital in
dsy The verdcts of the heads of the bg three packers
The Washington times., 1938-10-11
Lost and VOND

Every day Herald and
Times Lost and Found
Want Ads perform down
right miracles. Glance at
those reproduced here.
Each did its intended job
quickly and inexpenSively.
Not surprising when You
consider how many peO-
pie read the Herald
Times. More than 22O, 600
daily and 197, 900 Sunday.
Best of all, your Want
Ad appears in two papers
both the Herald AND
The TimeS-at one low
price.
If you have a buying,
selling, renting or en-
plOyInent problem, phone
The Washington times., 1938-10-11

President John Holmes, Swift &
Company:
I'VE have been striving during