davidaulloa/AmericanStories huggingface dataset:
Evening star., 1938-05-20
DECLINE RECORDED
BY RETAIL TRADE
Sales 3 to 8 Per Cent Under
Week Ago and 8 to IS
Below Year Ago.
Py the Associated Press.

ES the Associated freSS.
NEW YORK, May 20-Retail buy
ing at leading centers of distribution
this week averaged 3 to 8 per cent
under last week for the country as
whole and ran 8 to Is per cent under
last year, Dun g. Bradstreet reported
today.
Wholesale buying was to per
cent under week ago and 10 to 25
per cent under the like week year
earlier.
It was the second consecutive drop
in retail sales from the week pre-
ceding.
Gold and rain prevented expansion
in retail distribution again." the credit
agency said. Apparel for both men
and women, however, was less affected
than during the preceding week. I'm
expected call for spring suits and
coats enabled some merchants to clear
small remaining stocks.
Demand for summer dresses, milli-
merry and shoes was halted and sched-
uled launching of the mems straw
hat season was postponed.
House furnishings and large elec-
trical appliances received more at
tention. although it was the lack Of
movement in these which pulled down
the average for many stores.
Pause in the advance of retail dis
tribution had reflex action on the
principal wholesale distribution mar
kets," the agency added The num-
ber of mail requests was thinned:
many buyers postponed scheduled
trips others deferred commitments
awaiting clariflcation of the outlook.
Large selling organizations still
were picking up an abundance Of off,
price merchandise for June-July pro-
motions.
"Insistance on immediate delivery
revealed shrunken inventories of many
retailers.
Prices were weak in most branches,
with concessions granted on large
orders"
Evening star., 1938-05-20
PLUS
PLEA DISMISSED
Trade Commission Wins
First Step in Attempt
to Enforce Order.
BY the Associated Press

by tTS hSSoCl2teO EIeeSs
PHILADELPHIA, May 20-The
Federal Trade Commission yesterday
won the opening skirmish in its at
tempt to enforce 14-year-old order
against what the commission called
the pittsburgh plus" prices charged
by United States Steel Corp.
The Third Circuit Court of Appeals
dismissed the corporations plea fol
stay with the comment that it Telt
that the corporation was fully pro-
tected by an appeal it had taken.
The steel corporation and five SUBJ
sidiaries Wednesday filed an appeal te
the commissions order of July 81, 1924
and at the same time asked for the
stay.
Commission counsel told the court
the Federal agency would take nc
further action against any Of the
companies until the court has ruled
on the appeal.
The commission described the Pitts.
burgh plus" system as methoe
"llC16pN ulllLo Ill Vic SpNCA NOllICl J.
charged customers Pittsburgh prices
for steel products, plus freight rates
from that city, regardless of which
of the Is scattered plants manufac.
tured the steel
Counsel for the commission told
the court the F. T. c. had not taken
court steps to enforce the order be.
cause steel companies obeyed it to 6
considerable degree.
U. S. Steel revived the issue because
of a congressional amendment to the
F. T. c. Act March 81, making al
commission orders final" so days
after they are made unless a court
appeal is taken.
The other companies in the suit
besides U. S. Steel, are the American
Bridge Co.. Carnegie Illinois Stee
Corp, the American Steel e. Wire Co
of New Jersey and the Tennessee Coal
Iron g. Railroad Co.
Evening star., 1938-05-20
CHICAGO LIVESTOCK.

CHICAGO, May 20 aP,:-(united States States
Department Of Agriculture) HOGS ciosed
active and higher today, with prices back back
to the high point Of the week. but some
weakness was in evidence in the cattle
trade. Fat lambs closed, the week on a
lower basis, with spring lambs in neslible
supply.
Hogs, 10 900. including 1000 direct: ac-
tive, 10-15 higher than Thursdays aver
age; top. s75: bulk good and choice 49,
go pounds. 5000; 2S0-350 pounds
$500; we'll finished l40.l6O pounds
S25-6O; good medium weight and heavy
packing sows,c 7.4o-75' smooth light
Cattle 1000; calves 500: fed steers
and yearlines slow, steady: 1,o65 pounds
average, $40; top for day: common and
medium grade heifers slow, weak; others others
steady: cows weak with spots 1O-l5 lower;
best heifers in load lots. S.S5: mixed steer
and heifer yearlings 900: very few good
and choice beef cows in run; bulk cutter
srades. 45O-5.50: bulls and yealers steady;
Weighty sausage bulls, 7.25 down. and
Sheep. 5000 Including $500 direct: fat
lambs opening weak to Is and more lower:
two doubles choice clipped lambs. 7.S5 to
local packers: three doubles good and choice
wooied lambs: 500 and $50; undertone
weak to 25 lower on sheep: most shorn
native ewes downward from 3.25.
Evening star., 1938-05-20
FOREIGN EXCHANGES.

NEW YORK. May 20 P:-Under leader
ship of sterling most major European cur
rencies made moderate inroads today on
recent losses in terms Of the dollar; ar .,d
the French franc held unchanged. Guilders
recovered .O6a of cent and Swiss francs
.O2 of a cent The belga was .O01a OF
cent higher. .
The Canadian dollar q heavy loser IN
recent foreign exchange dealings, bounced
Noon rates follow: Great Britain in dol
md, 4:ass4 cables. ssss s9-day pilIs,
2.79ss. Italy. demand, 5.26A; cables,
Demands: Belgium. 1854: Germany.
4S1s beneyelen1 IL trsXel ag $500 "a 90
25 81: Denmark, .1s; Finland, 2.20ha:
Switzerland, 22;s7: Spain qn97uoted; Por. er.
Czechoslovakia. 3.4s1a; Yugosiavia. 2.35;
Austria unauoted; Hiqnsary:a 1890 Rg
nfr freei 5.SSon. Toxic. 1886: Shanghai.
23.19: Hong Kong, S' Soss; dx MexieS GO ,Sty City.
New York in Montreal 1O0.s1A.
Evening star., 1938-05-20
u. S, BOND HOLDINGS
OF BANKS REDUCED
BY the Associated Press.

BY the Associated Press.
NEW YORK, May 20.-Government
bond portfolios of Federal Reserve
member banks in New York City were
sharply reduced during the week ended
May lS, the latest report OF the Re-
serve Bank here showed.
the drop in holdings of direct Gov
ernment obligations resulted entirely
from the $4,000 900 weekly purchases
Of maturing notes by the Treasury.
The largest dip. however, occurred in
"other" securities, which was taken by
financial analysts to mean some lnsti-
tutions may be tightening up during
the current rally.
Total security portfolios of members
in the financial center compared as
follows:
Week ended. May 18, s4,564,0 900 900;
decline from previous week, ll2,000,-
600; gain from last year, 100000.
Evening star., 1938-05-20
CUT FAILS TO AID
COPPER DEMAND
Speculative Selling Lowers
Futures and Export
Price Weakens.
Py the Associated Press.

Py the Associated Press.
NEW YORK, May 20.-Demand for
domestic copper continued at low ebb
today in spite Of yesterdays cut in
the price from 10 cents to Q cents a
pound, dealers reported.
Absence Of improvement in demand
at the lower level invited further
speculative selling OF copper futures.
which slumped more than "a cent
in early dealings on the commodity
exchange. The market experienced
a similar decline yesterday.
Export copper weakened In response
to the reduction in the domestic quo
tation. London cables reported sales
at the equivalent Of 8.87 cents a
pound, compared with $50 cents yes
terday. Persistent decline in the
market abroad was believed to have
been an important factor in yester-
days reduction here.
The downward revision brought fur
ther cuts in prices for copper products
and scrap. The latter was reduced IA
cent for heavy No. l wire scrap, max
ing the equivalent of 83a cents pound
on a refined copper basis. Other
grades of scrap were reduced "a to ss
cent a pound.
Continued apathy of domestic con-
sumers was attributed by trade in
terests to inactivity of general busi-
ness and the presence of large stocks
Of refined copper in the hands Of pro-
ducerS.
Some quarters expressed the opin-
ion the domestic price might be cut
again if demand shows no revival
over the next few days.
Evening star., 1938-05-20
DOLLAR is UNCHANGED
IN LONDON DEALINGS
Rvt,e Associated Pres

By the Associated Press.
LONDON. May 20-The United
States dollar closed net unchanged at
4.969s to the pound in foreign ex-
change dealings today against New
Yorks final sterling rate of s4.96 9-16
yesterday.
French francs remained at 1882 to
the pound.
PARIS. May 20 CP).-In final foreign
exchange trading today the United
States dollar was quoted at IS rs francs
(2.796 cents to the france. in compar-
ison the New York overnight rate was
2796 cents. Exchange on London,
17760.
Three per cent rentes in the Bourse
were 7450; 4 IS "a" 79,l5; 4l2s, 1887,
1915.
Evening star., 1938-05-20
BROKERS' LOANS DROP
SIX MILLIONS IN WEEK

By tie Associated Press.
The Federal Reserve Board reported
that last weeks loans to brokers and
dealers on securities held by reporting
member banks in New York City
totaled 1852 900, ,000
For the week ended Wednesday, the
total represented decrease of S6.-
100000 when compared with the pre-
vious week. -.
Loans for the corresponding week a
year ago totaled Sl,127 100000.
Evening star., 1938-05-20
.. CURB LIST EASES
IN LIGHT SELLING
Industrial Specially Issues
and Mining Shares
Decline Most.
BY tie Associated Press.

By the Associated Press.
NEW YORK. May 2o.-Curb stocks
coasted to lower plane today under
light selling.
Buying activities were held in re-
straint by heaviness of the Stock Ex-
change list and absence Of favorable
trade news. Industrial specialties and
mining shares showed the largest
losses. Utilities and oils were rela-
lively steady.
Down fractions to point or more
in late trading were Newmont, Sher-
Williams, Great Atlantic & Pa
cif1c Tea. Royal Typewriter, United
Shoe Machinery and Consolidated Gas
OF Baltimore.
Montgomery Ward "A" gained
about IL on an odd-lot transaction.
Pittsburgh Plate Glass and American
Gas & Electric improved fractionally.
Evening star., 1938-05-20
SHARP DROP CONTINUES
IN CUSTOMS RECEIPTS

By the Associated Press.
Treasury reports indicate a con-
tinued slump in imports of foreign
ceipts in the first II days of the month
amounted to S12,571,146, compared
with s27,291,7l2 in the corresponding
period last year.
For the fiscal year to date customs
receipts total 27,472.363, compared
with s425.6S1,O73 in the similar por-
ton of the previous year.
Evening star., 1938-05-20
C.. B. & @. AUTHORIZED
TO ISSUE NEW BONDS
By the Associated Press

By the Associated Press.
The Interstate Commerce Commis-
sion today authorized the Chicago,
Burlington g. Quincy Railroad to issue
$15,000,00O of first and refunding S
per cent mortgage bonds, series c.
The Burlington sought permission
to issue the bonds for use as security
for future short-term notes and as
additional security for serial collateral
trust notes previously issued.
Evening star., 1938-05-20
ASSOCIATED OUTPUT SAGS.

NEW YORK. May 20 (SpeciaD -
For the week ended May l3, Asso-
ciated Gas g. Electric System reports
net electric output of s1,817, 1892 units
(kWh). This is 6.557,535 units or
IA per cent below the total Of 1884
867 units reported for the comparable
week a year ago.
Evening star., 1938-05-20
GOLD IMPORTS SHOW
GAIN DURING WEEK
By the Associated Press.

BY the Associated Press.
The United States imported S9185,-
146 worth of gold in the week ended
May 13. compared with s3.l4l,644 in
the preceding week. the Commerce De-
parLment said today. Imports in
cluded s2.54l.OOo from Sweden and
s5.8l6,7l5 from Japan.
The weeks silver imports amounted
to s2,417, $40. or double the previous
week Incoming silver included ST.
055 900 from Canada and $4,000
from Mexico
Exports of both metals were negli-
gible.
Evening star., 1938-05-20
ODD-LOT PURCHASES
STILL EXCEED SALES
Ry the Associated Press.

BY the Associated Press.
Customers odd-lot buying orders ex-
ceeded slightly selling orders on the
New York Stock Exchange in the week
ended May IA, the Securities Commits
sion reported.
Orders to buy numbered 25.994. in
volving 697095 shares valued at s21,-
639,666 This compared with odd-lot
selling orders totaling 25,602. involv-
ing 7O6,412 shares valued at $2l, ,549,-
825.
Evening star., 1938-05-20
EXCESS RESERVES
CLIMB FURTHER
LendabIe Funds Increase
80 Millions in Week.,
Board Reports.

BY the Associated Press.
The Federal Reserve Board estimated
Yesterday the Nations banks had
So, $50 900, 900 of lendable funds on
May 10. an increase Of 100000 600 over
the previous week.
The lendable funds, as measured by
excess reserves, have been advancing
weekly as the result OF the gold
desterilization phase of President
Roosevelts credit imitation and spend
ing program.
The statement said:
During the week ended May 1S
member bank reserve balances in
creased s62OOO,000. Additions to men,
Der bank reserves arose from de-
crease of S78,0O0,000 in Treasury de-
posts with Federal Reserve banks ana
increases of Sl2,000.000 in gold STOCK
and $4,000, 900 in Treasury currency,
offset in part by increases of $6.O0o.O
in money in circulation, $ll 900 ,0O0 IN
treasury cash and sl2,O00,000 in non
member deposits and other Feoeral
Reserve accounts. Excess reserves OF
member banks on May lS were es-
timated to be approximately s2,5oo,-
600 900. an increase of 8oooo,ooo Tor
the week.
Changes in member bank reserve
balances and related items during the
week and the year ended May l8, 1888
we're as follows:
w MAY MAY May
Evening star., 1938-05-20
Auto Production
Drops to 46,SlO
LeueI for Week
BY the Associated Press.

BY tie Associated Press.
DETROIT, May Edwards Auto
motive Reports today estimated the
current weeks output Of motor We
hicles at 46.8l0 units. against 47.4l5
last week and l36,438 this week year
ago.
A continued downward trend, with
some factories making plans to work
on a materially shortened basis during
the next few months" was predicted.
Evening star., 1938-05-20
DIVIDEND IS REDUCED
BY MESTA MACHINE co.

BY the Associated Press.
NEW YORK. May 2O-Directors OF
the Mesta Machine Co.. Pittsburgh
maker Of rolling mill machinery and
other heavy factory equipment. de-
clared today a dividend of so cents a
share on the common stock, compared
with a payment of ST previously. The
dividend is payable July l to share
holders of record June Is.
Evening star., 1938-05-20
2O.Cent Dividend
Voted on Common
OF Lehn e Fink
BY the Associated Press.

BY Ute hSSUCIdttU TIt5os
NEW YORK, May 20.-Lehn g.
Fink Products Corp. declared divi-
dend of 20 cents on common stock,
payable June IA to stock of record
June /. The previous dividend, paid
March IA. was 80 cents. The company
produces drug specialties and cos
metics at Bloomfield, N. J.
Evening star., 1938-05-20
HUPP MOTOR REPORTS
DEFICIT OF $1,817,486
BY the Associated Press.

By the Associated Press.
DETROIT, May 20.-Hupp Motor
Car Corp. and subsidiaries reported
today net loss of $1,817,486 for 1887.
compared with a net loss of 81 ,079, 143
the previous year.
Evening star., 1938-05-20
Washington Exchange

SALES.
Potomac Electric Power So pfd.-
at 1874.
Potomac Electric Power 5l2 % pfd.-
10 at 1929.
Washington Railway Electric pfd-
10 at 1l2, 2 at Ill.,.
American Security & Trust Colo at
247, 10 at 247, IL at 247, 10 at 247
AFTER CALL.
Potomac Electric Power So pfd.-2
at 1l3ls.
Evening star., 1938-05-20

American Safety Razor Co.-March
quarter common share earnings were
43 cents, against IS cents.
Evening star., 1938-05-20

r In bankruptcy or receivership or being
reorganized under the Bankruptcy Act or
securities assumed by such companies
are annual disbursements based on the
last quarterly or Semi-annual declarations.
Unless otherwise noted special or extra
dividends are not included.
paid so far this year. no regular rate.
Payable in stock. Paid last year.
h Cash or stock. Accumulated dividend
paid or declared this year. WV With war
rants. XIV without warrants. war War
rants.
Evening star., 1938-05-20

aAlso extra or extras
eDeclared or paid so far this year.
gPaid last year.
Evening star., 1938-05-20
INSURANCE STOCKS

NEW YORK May 90 LP,.-1nvestment
Bankers Conference, Inc:
Evening star., 1938-05-20
INVESTING COMPANIES

NEW YORK. May 90 P.-Investment
Bankers Conference. Inc.
Noon ouotationsl
Evening star., 1938-05-20
U, S. TREASURY NOTES.

NEW YORK, May 90 LP.-Prices quoted
in dollars and thirty-seconds.
Evening star., 1938-05-20

+Plus extras. e2eo extra. f2hoe .ex-
ira. h 75c extra I4 extra paid No
vember 80. 1887. soc extra. m S3 extra
Evening star., 1938-11-16
Booking Up in Dark

On a car not equipped with a
backing light one driver finds 1t
helpful when backing up in the dark
to hold his right foot lightly on the
brake pedal, feeding gas with the
hand control Of the throttle. The
stop-hght goes into action, giving
him q better view Of the road be-
hind. If the stop light goes on the
instant the brake pedal is depressed,
as it should, the brakes will not
actually be applied during this
process Of getting more light for
backing up In a dark place.
Evening star., 1938-12-08
Dunbarton COLLEGE
Dedication Today

Several hundred persons are ex-
pected to attend the dedication cere-
monies of the newly completed Dun
barton College for girls at 3 pm.
today at the school, 2935 Upton
street NV.
The Most Rev. John M. Nc
Namara, Auxiliary Bishop of Balti-
more, will bless the school in cere-
monies in the new Our Lady of
Sorrows chapel. He will be as
sisted by the Rev William Doheny,
and the Rev. DR.. John K. Cart
wright, pastor of Immaculate Con-
ception Church, as chaplains.
/ The Very Rev. Ignatius Smith,
o. P, of the Department of Philos-
ophy at Catholic University, will
make the dedicatory address and
Bishop Mcnamara will offer the
benediction of the blessed sacra-
ment, assisted by the Rev. Maurice
King of st. Anne's parish as deacon
and the Rev. Thomas Sweeney OF
St. Anthonys as subdeacon.
Master of ceremonies will be the
Rev.. John Kennedy, pastor of st.
Johns Church in Forest Glen, Md.
Girls at the college, which opened
in September although it has just
recently been completed, attended
high mass at 8 a m. today conducted
by the Rev. r. j. Dwyer and aided
by the college-high school choir.
The college is adjacent to the
Holy Cross Academy.
Evening star., 1938-12-08
Sound Film to Show
Diagnosing Technique

New sound films, depicting latest
methods of diagnosing tuberculosis.
will be shown today in a cinema
clinic" for students of George WASH
ington University School of Medi-
cine.
Edited with advice of four spe-
cialists in the field, the picture Is
educational and considered a clear
presentation of the Importance of
early diagnosis. 1t will be used by
courtesy of the D. c. tuberculosis
Association in connection with the
Christmas seal campaign now in
progress.
Participants in the Aim are DR..
Kendall Emerson, managing direc-
tor of the National tuberculosis
Association; DR.. Ralph S. Mucken-
fuss, director Of the Bureau of Lab
oratories of the New York City
Health Department: DR.. Esmond r.
Long of the Henry Phipps Insti-
tute at Philadelphia and Dr.. Edgar
Mayer Of Cornell University Medical
School.
Evening star., 1938-12-08
Youth Gets go Duys
On Traffic Churqes

Arrested yesterday in the down.
town section after q nine-block
chase, a 19-year-old colored youth
today was sentenced to serve 80 days
in Jail and given the alternative Of
paying $95 in fines or serving s110
more days on six traffic charges.
The defendant, Harrison Ingram
of the 400 block of H street NV,
was charged with driving without a
permit, passing three red lights,
driving on the wrong side of the
street and violation of left-turn
sign.
Ingram was arrested by Pvt. H.
F. Elliott of the traffic division, who
commandeered taxicab and gave
chase after the defendant allegedly
failed to stop at Fourteenth street
and Pennsylvania avenue NV,
where he turned left against the
signal.
Evening star., 1938-12-08
Detroiter Will Study
Police Boys Club

Hoping to start q similar organi-
sation in Detroit, Harry Colburn,
chief Investigator for the district
attorneys ONCE in that city, is ex-
pected to arrive in Washington the
hrst of next week to study the or
ganization Of the Metropolitan
Police Boys Club.
In a long-distance telephone con-
versation with Maj. Ernest w.
Brown, superintendent of police, Mr..
Colburn said he would like to come
to Washington to study the set-up
of the club. According to Maj.
Brown, Mr.. Colburn said he had
been studying boys organizations
throughout the country and. he
thought the Metropolitan Police
Boys Club here was an ideal organi-
1aHon.
Evening star., 1938-12-08
Warrants Are Issued
For u 0ystermen
AT Annapolis
Eight Are Accused Of
'Pooehine' on Seeded
Areas Near Dredqers
BY the Associated Press.

By the Associated Press.
ANNAPOLIS. Md, Dec. 8.-Magis-
trate Joseph M. Armstrong issued
warrants for % oystermen today on
charges Of violating conservation
laws by dredging on restricted bars.
State conservation officers, who
hailed the oystermen into court. said
eight of the men were members of a
group of 10 arrested last Monday for
'poaching" on seeded areas closed to
dredgers.
Officers announced they would
seek a restraining order in Circuit
Court against the oystermen in a
further legal move to preserve the
restrictions on reserved areas.
Groups Of dredgers in widely
separated portions of Chesapeake
Bay were charged yesterday with
entering reserved areas in mani
festations Of discomfort that has
arisen with a season of low prices,
poor catches and practically no
profit.
Writs were issued at Crisheld by
Magistrate Edward P. Wyatt for the
arrest Of 18 dredge boat captains
whom Conservation Capt. John A.
Evans of Smith Island charged with
dredging on restricted areas of Great
Rock and Ditch Creek, in Tangier
Sound.
Evening star., 1938-12-08
Park Service 10 Appeal
Auto License RuIinq

An appeal from Police Court
decision that might require drivers
of all vehicles operated by the Fed
eral Government in other States to
have District driving permits when
they come to Washington was being
prepared today by National Park
Service attorneys.
Judge Hobart Newman paved the
way for the appeal yesterday by
nullifying his decision to take the
personal bond of c. c. C. truck
operator convicted of driving with
out permit, and by imposing IS
fine instead. Defendants are barred
from appealing when a personal
bond is taken.
Evening star., 1938-12-08
SIT Weekly Base Pay
Is Proposed for
Office Workers
Public Hearing Is Set
January 9 on Wage
For. Women

The District Minimum Wage
Board yesterday accepted the formal
recommendation by the ONCE Work.
ers Minimum Wage Conference Of
the SIT week base wage for women
employees in Office and unclassified
occupations.
The action of the board followed
the signing of the formal recon-
mendations by the nine-member
conference at a meeting In the
boards Office In the old Police Court
Building.
The elimination of weeks Of study
by the conference, the recommenda-
ton includes the SIT weekly mini
mum wage for a standard work week
of 80 to A hours. This is the same
wage established for women en-
ployes in the retail industry a year
ago.
Public Hearing Is Set.
The next step in the application
Of the recommendation will be a
public hearing at which opposition
to, or support for the recommended
wages may be expressed. The hear
ing was set for January 9.
Following the public hearing the
recommendations will become effec-
tive 60 days later. If no serious OBJ
jections have been raised.
A $14 minimum wage was provided
for learners under the conference
recommendations, but the apprentice
period can extend a maximum of
only six months. Learners are to
be limited to 10 per cent of the total
number OF workers in an Office,
except in establishments where the
number of employees is between 2
and 10. In this case one learner
will be permitted.
May Earn $19.
Since the minimum wage law per-
mlts women workers to work 48 hours
a week, Office workers may receive
$19 weekly wage, because the extra
four hours work would be considered
overtime, for which the conference
recommended hourly rate of so
cents. The same rate was recon-
mended for part-time work.
The conference also provided that
an employe called for part-time
work must be provided at least four
hours work in single day. It also
made the provision that an en-
ploye's working hours may not be
spread out over period longer than
II hours a day.