davidaulloa/AmericanStories huggingface dataset:
Evening star., 1938-04-28
Stock Averages
BY VICTOR EUBANK,

q
NEW YORK, April 28.-Despite ex-
tremely light offerings, stock market
leaders took the back track today for
losses of fractions to around points.
intermittent attempts to extend yes
terdays mild rally met with scant sue
cess as motors, utilities and blue
chip specialties gave ground easily.
Rails were resistant the major part
of the session.
The ticker tape was more often at
standstill than otherwise and trans
lers approximated $50 1000 shares.
Impeding progress. brokers COM
mented, was the disinclination of
traders to get far out on a limb pend
ing the Presidents forthcoming mo-
nopoly message which, it was thought,
might tip the market in either direc-
tlon.
An important restraint to buying
forces also was seen in the numerous
unsatisfactory earnings statements
coming to hand in addition to further
dividend reductions or omissions.
There were scattered exceptions. but
even companies bettering 1887 net were
unable TO work up much support for
their stocks.
Wall Street apparently had its
doubts about strong cooperation be-
tween industry ana Government, al
though hopes were still held out in
some quarters that the get-together
move would gain momentum as it was
realized the recession was far from
halting.
Secretary Morgenthau, at his press
conference, said published indices In
dicated business was getting worse, but
refused to make any prediction as TO
a nearby change.
Evening star., 1938-04-28
FARM SHIFT AIDED
BY GREAT NORTHERN
Railroad Co.operates With Federal
Resettlement Administration
in Moving Families.
BY the Associated Press

BY the Associated Press
NEW YORK. April 2s.-In his an
nual report to stockholders, made
available yesterday, w. P Kenney,
president of the Great Northern Rail-
road, outlined the cooperation the
line is giving to the United States
Resettlement Administration in locat-
ing farm families in the Northwest.
To bring to the attention Of farm
ers the profitable lands available in
Minnesota and Eastern North Da-
kota," Kenney remarked, 1.-The COM
pany is conducting an intensive cam
paign through its agents and by the
distribution of farm literature.
THE United States Resettlement
Administration in its report shows
that between July, 1896, and July.
1887, 10000 families, totaling 10000
people, have migrated to Oregon.
Washington and Idaho. OF this
number 5000 families have been To-
Gated on farms, and the problem con-
fronting the Government is the assim-
ilation Of the large number of farmers
still INDICATED.
The company is cooperating with
the Government and it is expected
that many of these families will find
permanent homes in great Northern
territory. where the farm population
Is definitely on the increase"
Kenney said the crop conditions for
1888 "are quite promising"
Evening star., 1938-04-28
CHAIN GROCERIES
LOOK TO FUTURE
Volume Expected to Be Equal
That of Last Year-Bill
Passage Is Doubted.

NEW YORK, April % (SpeciaD -
The outlook for grocery chain stores
during 1888 suggests that net income
may equal or perhaps slightly ex-
ceed last years results, despite poor
general business conditions prevail
ing at the present time, according
to Poor's Industry and Investment
Surveys. So far this year dollar sales
have run only or 2 per cent below
like 1887 gross. And most, if not all,
of this decline appears due to lower
retail prices. Thus tonnage sales are
apparently being maintained at the
comparable 1887 levels.
Profit margins have improved con-
siderably in the last four months or
so as a result of the drastic decline
recorded by wholesale prices" con-
tinues the analysis. Although some
stiffening has taken place in recent
weeks, favorable relationship still
exists between wholesale and retail
prices. Barring an unexpected re-
versal of this situation, grocery chain
net for the first half of the current
year should be up considerably from
June-December, 1887, results.
"The proposed Federal anti-chain
tax, aimed at elimination of inter-
state chain merchandising introduced
to the House by Representative Wright
Patman of Texas on February 14
appears to have very little chance Of
becoming law during the current ses-
sion. While Mr. Patman claims con-
siderable backing for his measure, 1t
is doubtful that significant sponsor
ship could be mustered should the
bill actually get so far as the floor of
the House. Congress at present seems
more willing to cooperate with busi-
ness than to saddle it with further
restrictive legislation. The very fact
that the proposed bill Is SO drastic
virtually assures its defeat"
Evening star., 1938-04-28
EXPORTS OF AMERICAN
IRON AND STEEL DROP

The Commerce Department reports
sharp drop in European demand for
American iron and steel products in
March, compared with February.
The department said European pro-
ducers had more nearly caught up
with demand, lessening the need for
extraordinary supplemental demand
on American mills which boosted
United States exports for several
months prior to March.
Total March exports OF iron and
steel. excluding scrap, were 1925
tons. worth s13,991 Sal, compared with
2o3,85O tons, worth $12,643,356, in
February and 20s.302 tons, worth
$13,844, ,092, in March, 1897.
Evening star., 1938-04-28
CONSOLIDATED EDISON
WILL REDEEM BONDS
Special Dispatch to The Star

Special Dispatch to The Star.
NEW YORK. April 28-Consoli-
dated Edison Co. of New York, Inc,
is calling for redemption on June /,
1898. at los per cent of their principal
amount $60,000,0 900 Of its 20-year AZ
per cent gold debenture bonds, due
June 1. 1851. issued in its former
name, Consolidated Gas Co. of New
York. representing all outstanding
bonds of this issue.
The bonds will be payable at the
principal ONCE of City Bank Farmers
Trust Co.. as trustee, % William street,
New York City, on and after the re-
demption date.
Bondholders may at their option
receive the full redemption price and
accrued interest to June /, 1888. upon
presentation and surrender of their
bonds to the trustee at any time prior
to the redemption date.
Evening star., 1938-04-28
National Income
Off 5.4 Per Cent
From 1887 Levels
By the Associated Press,

By the Associated Press.
The national income in the first
quarter of 1888 was 54 per cent less
than in the corresponding period last
year. Commerce Department statis-
ticians estimated.
Wages suffered the most severe de-
crease. 7 per cent. while payments Of
dividends and interest declined "a
per cent and entrepreneurial income
was approximately the same as last
year.
March income was estimated at 805
per cent of 1929 averages. compared
with S07 in February and 88.6 in
August, 1887 Although March income
was slightly below February totals, the
decline was tbe smallest since the re-
cession began, the statisticians said.
Evening star., 1938-04-28
CHICAGO GRAIN
BY the Associated Press.

by the Associated H[eSS.
CHICAGO, April 28.-Wheat prices
averaged slightly higher in Chicago
today Notwithstanding a transient
minor setback to the bottom most re-
cord in four years.
A somewhat stimulating factor was
rapid reduction shown in the aggre-
gate of uncompleted May contracts
here. Latest figures indicated a
l,734. .000-bushels curtailment in "a
hours.
At the close, Chicago wheat futures
were unchanged to as above yester-
days finish; May, so7s-sl; July. sols-
"a. Corn. IA off to Il up; May. 5sls-
4; July. 601s: and oats at ls decline
to Ia advance.
Evening star., 1938-04-28
CUSTOMS COLLECTIONS
REMAIN LOW IN APRIL

BY che Associated Press,
Customs collections indicate I'M
ports OF merchandise into the United
Sttaes continued on q relatively low
level in April. as in previous recent
months. Duties paid in the first %
days of April totaled $1,000, $3.50, COM
pared with s35.s50,425 in the similar
period last year.
Evening star., 1938-04-28
STOCK SEAT LOWER.

NEW YORK. April % GP.-Sale Of
a New York Stock Exchange seat for
$4,000, off $1,000 from the previous
transaction, was arranged today. The
top price for the year, made January
II, was s7o,000, and the low. $4,000,
on March 30.
Evening star., 1938-04-28
New Orleans Prices.

NEW ORLEANS. April 2s P.-Cotton
futures opened 3 to points net lower here
today in sympathy with disappointing for
eisn markets and lack of buying support.
First trades showed July at SOS. Oe-
tober. a.06; December, e.01: January, 9.10.
and March, 9.16.
Toward the end of the first half hour
the market was quiet but steady and prices
hovered near the opening figures
Cottonseed oil opened steady: May,
7s1b; July. 7.75b; September, 712b: Oc-
tober, 7.6Sb: December, 1.65b. b Bid.
Evening star., 1938-04-28
DIVIDEND TO BE PAID.

FORT WAYNE, Ind, April % (Spe-
ciaD.-The second quarterly dividend
OF 80 cents a share on stock of the
Lincoln National Life Insurance Co.
will be paid May 2. Remaining divi-
dends for 1888 are payable August l
and November l.
Evening star., 1938-04-28
Baltimore Quotations.
BALTIMORE. April 2s iP,.-Wheat
Winnipeg Prices.
new YORK COTTON

By the Associated Press.
NEW YORK, April 2s-Cotton
eased today under renewed May houi-
dation and owing to Disappointing for
eign cables.
July declined from 8.87 to s.8l and
in midafternoon was quoted at 884,
with the list to points net lower
in quiet trading.
Evening star., 1938-04-28

WHY'S Overland Motors. Inc.-Pro-
duction Of company last week was 693
units. against 616 in preceding week.
Schedule for current week called for
100 eaxS.
Evening star., 1938-04-28

11:00 A. 1900 Noon 23O
100 P M------- 100000 2:00P M ----- $4,000
Total Sales for the day. $4,000
sActual of trading shares.
Ex dividend Ex rights. Also
share OF s, preference 125
stock Declared paid far this
Paid last Cash Accumulated paid
declared this - ~
In bankruptcy or recevershp being
bankruptcy Act securities
Rates Of dividends in the oresonE table
ton Unless otherwise special
included " ~
Evening star., 1938-04-28
Chicago Cash Market.

Chicago Cash Market.
Wheat, No. hard, 87l2; No. 4, 50;
corn, No. 2 mixed. $685.; No. / yel-
low, 60; No. 2. So. so; oats. No. l
mixed, 29l2; No. white, 30l2 barley,
feed, 42-55, nominal; mailing, 68-s6.
nominal; timothy seed. 250-70; red
clover. 30.00-35.00; sweet clover. 300
1000.
Baltimore Quotations.
BALTIMORE. April 2S tP,.-Wheat. No.
2 red winter. sarlcky. spot domestic SIS.
Winnipeg Prices.
WINNIPEG, April IS P.-Grain range
today: Prev
Evening star., 1938-04-28

Atlas Tack Corp.-March quarter
deficit was $3.50 against net income
of S40,469.
Evening star., 1938-04-28

C0ttOnseed Oil.
Bleachable cottonseed oil futures
closed So lower. Sales. 13l contracts.
May. 812; July. 806-07; September,
804; March, SOL.
Evening star., 1938-04-28
COttOnseed Oil.

Spot quiet: middling, s.sl.
Nominal.
Evening star., 1938-04-28
Bank Loans Drop Further.

The May issue of the Federal Re-
serve Bulletin, out yesterday. states
that during March and the first three
weeks of April total loans at reporting
member banks in l0l leading cities de-
clined further, rejecting substantial
reduction in loans to brokers and
dealers in securities and also declines
IN commercial loans. Holdings of
investments showed little net change,
declining In March and increasing In
April.
The Waterbury Democrat., 1938-05-16
SEEK SIGNATURES
 FOR LABOR PARTY
Petition fin Circulation for Place on State Ballot
 in l938

The Labor party of Connecticut, of shoot of the Socialist party, is seeking signatures to petition for a place for the party on the state ballot this fall and members of the executive committee of the newly formed party met at Waterbury yes terday afternoon to report on prog ress. More than 1900 signatures to the petition have been obtained, it was reported.
 Resolutions were presented by Philip c. Brainard, member of the committee in this city, and Devere Allen, of Wilton, state chairman, presided. The Brainard resolution condemned mutual aid schemes for relief and efforts to place the bur- den of caring for the unemployed on the shoulders of those whose own jobs are not really secure and who are having all they can do to get along and keep off the relief rolls";; and, further:
 While the eyes of the state are turned on the political scandal in Waterbury the advocates of good government must not be allowed to gloss over the rotten economic con- ditions out of which rotten politics inevitably springs"
The Waterbury Democrat., 1938-05-16
Dinner-Dance Marks
 Close Of Tournament
Earbenders Stage Annual Celebration at Community
 House-Guest Speakers Offer Congratulations
WASHINGTON HILL

Finis to a successful winter sea- son was written in capital letters by the Washington Hill Earbenders Saturday night at the Washington Park Community house as they con- ducted their annual dinner-dance. Members of the club attended with their wives and friends. A turkey dinner was served under the direc- ton of Supervisor William D. Shea and John Dooley.
 Attorney Vincent A. Scully was master of ceremonies and the prin- cipal speaker was Rev. Frederick Schaeffer, curate of the Church of the Sacred Heart. Other speakers were: Gunther A. Mathes, demon photographer; Thomas Driscoll, Thomas Reynolds, president of the society and John Dalton, past presi- dent. Music for dancing was by Blackman's Melodeers. Tom Con- way and James Kelleher were CO., chairmen of the arrangements com mittee.
 Among those who attendede were: MT. and Mrs. Scully, Father Schaef- fer, MT. and Mrs. Henry. Hayden, MT. and Mrs. William Dews, Martin Scully, Miss Betty Dwyer, John Fitz- maurice, ST., Joseph Peters, Will liam Conway, Frank McGrath and Mrs, Helen Cuddy, MT. and Mrs
The Waterbury Democrat., 1938-05-16

 STRIKES PARLEYS

Thompsonville, Conn, May 16- (UP)-Negotiations were resumed today at New York city to affect ar- bitration of strike of 5000 workers of the Bigelow-Sanford Carpet Co. here and at Amsterdam, N. C., called a week ago in protest of ten per cent wage cut.
 Joseph Kennedy, member of the Carpet Workers union executive board, represented the local strikers. The conference brought together a joint committee from the Amster- dam plant, company officials and the New York state labor mediation board. Results will be placed before a joint committee of the two plants for approval.
 Union officials said there were 700 strikers on the picket lines here to- day.
 Superintendent Elliott I. Petersen and Carpet Union President Arthur Fortier attended Sunday services at the Methodist church and heard the Rev. E. Dent Lackey urge that pray CTS be offerer for Gods guidance toward just solution of this diff1- culty."
The Waterbury Democrat., 1938-05-16
Identity Of Deposit
 Box Owners Doubted
No Intructions Given Grand Jury Probers to Seize
 Contents Cached Money Report Questioned

vestigation of Waterbury's political and financial affairs, told The Democrat that he had issued nc court order calling on banks to yield safety-deposit boxes for scrutiny o1 impounding.
 Volunteered
 Next, comment was from a reli- able source that the court order was not necessary because ''it might be that the boxes were held in more than one name." The latter report led to possibility that one of the joint-holders of the vault deposits said to have been examined in Wa terbury and New York had volun- teered to allow the Investigators &C., cess to the boxes.
 Report last week was that Frank J. (Burns) Santalucia, contractor and head of the Connecticut Supply Co.,, and Phillip Coppeto, head of the Abrigador Diggers, Inc, had depos- it's of cash amounting to approxi- mately $95,000. Comment in Water bury was that this report was in er- TOT. A local bank official could moi recall" that any of Alcorn's staff had presented a court order fo1 scrutiny of any safety-deposit boxes
 This would mean, it was remarked that someone who owned such safe- ty-deposit boxes, either in entirety or jointly, must have given permis- sion for examination of the boxes.
 Failed to Appear
 One of the two contractors named MT. Santalucia, has been witness several times before the grand jury The other reputed owner of about $50,000 in cash" has been sub- poenaed but has failed to appear, is reported out of the state.
 Friends of the two contractors ex- pressed doubt that the large sums of cash had "been discovered" in safety deposit boxes. They re- marked that "stories concerning such deposits have been rampant for months, ever since the grand jury started" and added that pub lication of the semi-official state- ment regarding the discovery" was part of the program of the inves- tigators"
The Waterbury Democrat., 1938-05-16
Encore!

Lightning struck twice in the same place last night when John Mahoney, q, of g Taylor street, was arrested twice within short space of time on charges of op- erating a car without a license.
 Mahoney was first arrested by State Trooper Harry Newman on the Wolcott road and notified to appear in Waterbury traffic court. A short time later, Motor Patrol man Thomas Phelan found the youth operating car and arrested him again.
 In traffic court today, Mahoney received 8 weeks continuance.
The Waterbury Democrat., 1938-05-16

The local quota is $1,335 and Major Burrall said today he hoped that total would be contributed as quickly as possible. Conditions in China are so severe, he said, that aid is needed immediately.
 Chairman Davis said in his letter to the local chapter that he was ap- pealing to the 3700 chapters of the American Red Cross, knowing they would give. full support.
 Local contributions should be sent in as soon as possible. They should be addressed to the Waterbury chapter, American Red Cross, 35 Field street. All contributions will be acknowledged in the daily press.
 The American Red Cross has thus far sent $370,000 to China. Of this, $200, ,000 was sent from the national treasury, while the remaining $170,- 900 was gathered through subscrip- tionS.
 Conditions in China, says MT. Davis, are appalling. Men, women and children are innocent victims. They, he says, are not responsible for plight; they are no more to blame than if their suffering had been caused by great cataclysm of nature.
 The sum of $1.25 is sufficient to feed, clothe, shelter and furnish medical care for a Chinese civilian for period of a month.
The Waterbury Democrat., 1938-05-16
LOCAL FISHERMEN
 GET GREAT CATCH
1l9, Averaging Is to 30 Pounds, Reeled From
 Block Island Waters

Veteran fisherman, plying the wa ters off Block Island today for Bos- ton Bluefish or Pollock, reported to their Captains that the search was useless.
 For six Waterburians, under the leadership of Captain R. s. Wag- staff, who spent many years of deep-sea fishing with Zane Grey, took what they estimated as more than 8 ton of the fighting fish from the waters on Saturday. They were Ben Ozaroff, Bill Harding, Jack Feigen, Ben Swartz, Hugo Morro and Sam Elman, the latter of Station WATR.
 Using squid for bait the fisher men took about 119 fish, each weighing between IS and 30 pounds apiece. It was easy, once the mem- bers of the party forgot their sea- sickness, and had learned to use the large assortment of fishing gear which is owned by Captain Wag- staff. Ben Swartz took a prize for the first fish caught and Bill Hard ing won first prize in the compe- tition to catch the largest number.
The Waterbury Democrat., 1938-05-16

some congressman have advocated but added that he would not object to inclusion of one or more civilians on the board.
 Members of the committee in spected the New Haven municipal airport and remarked that is woe fully inadequate for military pur- poses" Among committee members were the following:
 Congressman Andrew Edmiston of West Virginia, Overton Brooks of Louisiana, John J. Sparkhman of Alabama, John M. Costello of Cali fornia, Charles R. Clason, Spring. field, Mass, and G. Heyward Mahon Jr., South Carolina. The plane was piloted by Lieutenant-Colon w. O. Ryan. commanding officer of Boll- ing Field, near Washington, with Lieutenant s. K. Robinson of Boll- ing Field as co-pilot.
The Waterbury Democrat., 1938-05-16
Marijuna!

Marijuana - the dread drug and the dangers of its use, were described by Dr. J. Harold Root yesterday afternoon at 8 joint meeting of Young Peoples Socie- ties of the First Methodist and First Baptist churches. Dr. John H. Foster took part in the subse- quent discussion. Miss Ann Fos- ter presided.
 According to Dr. Root, the drug creates a mental condition which transforms normal persons into maniacs, capable of almost any serious crime. He pointed to the number of crimes which had been committed recently by youngsters who admitted they had been using the drug.
The Waterbury Democrat., 1938-05-16
More Evidence

Further evidence will be pre- sented in superior court tomorrow before Judge Ernest A. Inglis. in the $5O,OOO action of Howard Sal- isbury against Julian G. Gates. The trial opened Thursday after noon.
 It is claimed by the plaintiff that he was permanently injured when thrown from his motorcycle which was struck by the defend- ants automobile.
The Waterbury Democrat., 1938-05-16
Two Injured

Two men were injured in ac- cidents which occurred during the heavy rainstorm of Saturday night. Despite the poor visibility and the slippery condition, of the highways, there were no serious accidents.
 Joseph Jolynis, 55, of Wolcott road, suffered a lacerati0n of the right foot when struck by a car driven by Julah Bruegmann, of 26 Arch street. He was treat ed at St. Mary's hospital
 James Bergin. 58, of WolcOtt, suffered a forehead laceration when struck by car driven by AngeliI;e Ciccio, 20, of R. F. D. 3. Bergin was discharged after treatment at St. Mary's hospital.
The Waterbury Democrat., 1938-05-16
RUNAWAY GIRL
 BEING DETAINED

Springfield, Mass, May 16. (UP)- Miss Delma Hiltz, IS, comedy high school student and domestic who vanished from Hudson Camp Thursday, was arrested at the Sal vation Army hotel here early today.
 She was detained for the Worces- ter police, who hold a warrant charging her with being runaway.
 Police were tipped to her where abouts by another guest at the hotel who read of her disappearance in a newspaper. She was registered as "Del Reeves"
 Police said Miss Hiltz refused to tell how she had reached Spring field, where she was bound for or why she had run away. Hotel at taches said the girl had been there since Saturday night.
 The runaway warrant was issued on complaint of her mother, Mrs. Helen Hiltz Daley of Marlboro. Last summer the girl hitch-hiked to h. dianapolis, Ind.
The Waterbury Democrat., 1938-05-16
WATERMAN TO
 GET HIS SHARE

New York, May 16-(UP)-A rep resentative of the Waterman family said today that there would be no dispute of claim of Elisha Water man to a share of the income from a $5.000,000 trust fund set up by the late L. E. Waterman, fountain pen inventor.
 Elisha Waterman was cut of with $100 in the will of his father, Frank D. Waterman, who died recently The $5,000,00O trust fund was in- cluded in the fathers estate but the son claimed he was legal heir to the trust fund under the will of L. E. Waterman.
 He will share the income with L. E. Waterman, Jr, 71, son of the founder.
The Waterbury Democrat., 1938-05-16
NOlle

The highway on Hamilton avenue, near the Sake & Floto greenhouse, Is in such dangerous condition that a driver whose car is involved in an accident there can hardly be blamed, said prosecutor Charles Summa in traffic court today. He entered a nolle in the case of Oliver Holmes, 54, of Prospect, who was arrested on 8 reckless driving charge after an accident at that spot.
 In traffic court two weeks ago, Judge Edward MascoIO made a similar statement, and gave 8 discharge to another driver in- vOlved in an accident there.
The Waterbury Democrat., 1938-05-16
Will Filed

The will of Frank J. Larkin, who died Dec. 8, last year, was admitted to probate today by Judge Dennis J. Slavin of the Probate Court.
 Requests of $50 each are made to four sons, John F., Harold w., of Waterbury; Theodore M., of Reversible, N. J., and Frank J., IT,, of Seymour; and to 8 daughter, Annie Larkin Kinch.
 The residue is left to Mary Larkin Bowling, of 19 Harpers Ferry road, who is named exe- cutor.