davidaulloa/AmericanStories huggingface dataset:
Evening star., 1938-05-06
$16,28O,0DO SHIP
BIDS ACCEPTED
Contracts for Eight Steel
Cargo Vessels Given
to Two Firms.
By the Associated Press.

By the Associated Press.
The Maritime Commission an
nounced yesterday acceptance of bids
totaling sl6,28O, 900 submitted by the
Federal Shipbuilding d Drydock Co.
Of Kearny. N. j.. and the Sun Ship
building G Drydock Co. of Chester,
Pa, for construction of eight steel
cargo vessels.
Each shipyard will build four ships.
The Federal Co. bid 1890. 900 on
an adjusted price basis for the con-
struction Of four steam driven vessels.
The Sun Co. bid $8,3OO,0O0 on a
fixed price basis for the construction
of four Diesel-propelled vessels
On the adjusted price basis. a lee
way of IS per cent either way will
be allowed for increased or decreased
building costs.
The commission announced the
awards two days after it opened bids
from eight shipbuilding companies.
Chairman Emory S. Land said the
award for building the remaining four
ships on which bids were received
Tuesday would be delayed until the
commission can investigate the facil-
tiles and financial standing of the
Pensacola Shipbuilding Co. of Pensa-
cola. Fla.
This company bid 1890 900 each
on q fixed price basis and Sl.89O, 900
each on an adjusted price basis tor
four steam-propelled vessels and was
low among the bids considered by the
commission
The company. however, is just be-
ing organized and Land said its quail
f1cations for contract must be deter
mined.
| The commission said it rejected the
bids of the Hess Weld Ship Il Barge
Co. of Bristol, Pa, and T. H. Mac
Lachlen, who bid for Seattle Wash. }
syndicate. because the bidders did not
| furnish the required bonds.
Other bidders were the Newport
News Shipbuilding g. Drydock Co. of
Newport News. Va. and the Bethle-
hem Shipbuilding Corp, which bid
for its plants at Quincy. Mass, and
San Francisco
The Federal and Sun companies
must complete all of the vessels in
900 days. The ships will be 435 feet
long. with speed of 1872 knots and
displacement Of 13,90O tons.
The commission will open bids May
II for the construction Of four cargo
vessels for tine American Export Line,
| Inc, of New York City,
Evening star., 1938-05-06
ISSUE is REGISTERED
BY NATIONAL GYPSUM

National Gypsum Co.. Buffalo, yes
terday filed with the Securities and
Exchange Commission a registration
statement relating to an issue of So
50O,0 of sinking fund debentures to
be due May /. 1850. The registration
statement names w. E. Hutton IL Co.
Of New York as the underwriters.
Net proceeds from the sale of these
debentures will be used by the COM
pany for payment OF per cent
mortgage note due September l. 1910,
redemption of 15-year 6 per cent sink
ing fund gold bonds due 1943 at 103
per cent constructing and equipping
q new plant, payment of purchase
money notes secured by conditional
sales obligations, and for additional
working capital
Evening star., 1938-05-06
50 D. c. REALTORS
ATTEND SESSION
luchs and Bethel Are
Scheduled for Talks
at Richmond.
BY . stsn 0orrespon dent Of The Star.


RICHMOND. Va. May 6-More
than 50 Washington realtors were
in Richmond today attending the two
day Central Atlantic regional confer
ence Of the National Association of
Real Estate Boards. A number of ON
cials of the Federal Housing Admin
istration and the Federal Home Loan
Bank Board also made the trip.
Two Capital realtors-Morton J.
Luchs. president OF the Washington
board. and J. Garrett Beit1ell-were
scheduled to address the convention
Adolph O.. Eberhart OF Washington,
former Governor of Minnesota and
now special assistant to Federal Hous-
ing Administrator Mcdonald, will be
featured speaker.
Real estate, undervalued. as 1 be-
lieve it is at todays prices. is the
best and safest investment in America
today" Joseph w. Catharine OF Brook
lyn. a national realtor president, stated
in opening the meeting. Mr. Cath
arine. a former assistant F. H. A.
administrator. said a flrst-hand study
OF conditions over the country had
convinced him that every factor of
todays real estate situation indicates
a sound position for properly selected
real estate investment and a sound
foundation for 4 long term industrial
advance
The board OF directors and govern
ing council of the national realtor
body met yesterday and Wednesday
General sessions of the convention
will be held tomorrow morning. This
afternoon and Saturday afternoon
will be devoted to meetings of spe-
cialized groups Of real estate men.
such as brokers. property managers
and appraisers. A banquet will be
held tonight. On Sunday delegates
to the convention will inspect restored
Williamsburg.
Evening star., 1938-05-06
CURB LIST GAINS
MORE STRENGTH
SherWin- Williams Climb S
More Than $4-Some
Losses Persist.
BY the Associated Press.


NEW YORK. May 6-The curb
market gained strength in late trading
today, although a handful of lag
CARDS showed minor losses.
Sherwin Williams had run up more
than points by the last hour. An
other favorite, American Gas g. Elec-
trio. jumped over 2. while advances
elsewhere were confined to a range of
fractions to a point. Outstanding on
the advance were Aluminium Co. Elec-
trio Bond Il Share, Gulf Oil and
Northern States Power a."
Moderate pressure cost Pittsburgh
Plate Glass over a point. Fractional
losses were shown by Pan American
Airways, Lake Shore and Creole Pc
troleum
The market entered the final stretch
still going strong. United Gas was up
81 at Az. Chesebrough Manufacturing
lL4 at l0l. and United Shoe Machin-
cry advanced y to 6234.
Evening star., 1938-05-06
MARKS is SUSPENDED
BY COTTON EXCHANGE

by 9iNNOCId FTeSS.
NEW YORK, May 6.-The New
York Cotton Exchange announced to-
day the suspension for one year Of
Jake Marks of the Arm Of Marks,
Laser & Co. for violation by the by
laws.
The exchange said the suspension
resulted from violation of a provision
in the bylaws which provides that q
member may be suspended for failure
to meet financial obligations. or for
having petition in bankruptcy filed
against him, or voluntarily filed by
him.
Evening star., 1938-05-06
|. c. c. APPROVES TWO
AS TRUSTEES OF ERIE
By the Associated Press

By the Associated Press.
The Interstate Commerce Commits
sion ratified today the appointment
OF Charles e. Denney and John A.
Hadden as trustees of the Erie Rail-
road. Denney Is president of the
Erie. which has filed in bankruptcy
for the purpose OF ef1ecting a reorgan-
ization. Hsdden is a Cleveland at
torney.
Evening star., 1938-05-06
FOREIGN MARKETS.

LONDON, May P,-The stock mar
ket. closed steady. trading was very light
issues showed fractional changes in both
directions and the industrial group re-
NAMED quiet, Domestic rails. foreign
the gilt-edged group and international
securities had tendency to ease.
PARIS.-Government bonds and indus
today. Rentes moved up 40 to $50 cen
times and Bank OF France issue closed
more than 100 francs hisher: Royal
Dutch and Suez finished small fractions
down.
Evening star., 1938-05-06
BOSTON WOOL MARKET

BOSTON, May "A, Omitted States De-
partment Of Agriculture. ).-Tradine was
very slow today on most kinds Of do
mestic woods in the Boston market. Quo
According to reports received BY Boston
houses from their. Representatives in the
producing areas. there were some wools
being bought in several states Of the west.
but activity in the country was believed
in the trade to have slackened quite gem
orally compared with last week.
Evening star., 1938-05-06
NEW YORK LIVESTOCK

NEW YORK May & fP 'state Dept
Ayr Cattle. 141O, including $40 di-
rect. Steers nominal Bulls steady; cutter
and medium. 5.OO-6.75: some best sausage
7OO-7.25 cows mostly steady: low cutter
dium fat. 6OO-6 rs
Vealers and calves, 1870: including
800 direct Vealers steady: strictly
choice, 200 lbs. 1925; few choice light
weights. 1880: calves nominal.
Sheep and lambs. $3.50, including $3.50
direct Lambs about steady; plain 81 -lb..
shorn. $40; better Grades absent; sheep
nominal
Hogs. 81 including a2O direct. Market
steady; 10000 lbs. $40.
Evening star., 1938-05-06
A. W. W. OUTPUT DOWN.

NEW YORK. May tSpecian -
Output Of electric energy OF the cleo
trio properties of American Water
Works &, Electric Co. for the week
ending April 30 totaled 3s.313, 900
kilowatt hours. decrease of 242 per
cent under the output of 50,513.00O
kilowatt hours for the corresponding
week of 1887.
Evening star., 1938-05-06
ASSOCIATED OUTPUT SAGs.

NEW YORK. May tSpeciaD For
the week ended April 20. Associated
Gas & Electric System reports net
electric output of 79.768,S93 units
tkiloWatt hours. This is decline of
8,252 ,348 units or "a per cent below
the total production OF 88,02l ,24l units
a year ago.
Evening star., 1938-05-06
PHILADELPHIA PRODUCE.

: PHILADELPHIA. May 8 R-Livs poul-
try. spring chickens. p. r. 2o-73;- Leg
fsney gouns' IL: tuqsess iancy eun 5euns
hens, 81; young toms. II.
Dressed poultry. fowl. fresh Killed. In
boxes, 2OA-26
Cheese UNCHANGED
Wheat: No; ? red winter, sarlicky.
sutter. 50: sSsbis: 80. e4H: ~, esM.
Eegs.. 1890 cases: steady srices un.
changed.
Evening star., 1938-05-06
METAL MARKET.

NEW YORK May P.-copper
eea; Tin. steady: spot and nearby.
$780, forward 81: IS; Lead. steady; spot.
Zinc: STEADY: East St. Louis. spot and Tor.
wNd. .4.15. Iron. aluminium. antimony.
QUICKSILVER. platinum and woIframite. un-
chAnsed.
Evening star., 1938-05-06
R. F. c. EXPENDITURES
AHEAD OF RECEIPTS

BY the Associated Press.
The Reconstruction Finance Corp.
spent SAIL, 1,214. 1863 and collected $685.
086 1876, making net expenditures OF
$56, ,l28,072 in the first 10 months of
the fiscal year, the Treasury reports
In the corresponding period last year,
it had net receipts of s337,8l7,652.
Evening star., 1938-05-06
Yukon Gold .040.

In bankruptcy or receiyership 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.
Also extra or extras eDeclared or
paid SO far this year. no regular rate,
PAYABLE in stock gPaid last year,
Cash or stock. Accumulated dividend
paid or declared this year. WV With war
rants. XIV without warrants. war War
rants.
Evening star., 1938-05-06

Bigelow-sanford Carpet Goa 10
per cent reduction in salaries Of all
employees Of company was announced.
effective May 9. The cut followed a
reduction in clerical and EXECUTIVE
salaries. which wa made on April /.
Evening star., 1938-05-06
Security Offerings
Increase Sharply
DuringLast Week
BY he Associa ted Press.

BY ne Associated PreSS.
NEW YORK, May 6-New finan-
cling for the week amounted to s3l,-
992 900. compared with $10,s48, $40
the previous week and S64.216, 1873 the
corresponding week last year. COM
pilation by Poors Publishing Co.
showed today.
Included in the weeks new issues
was sl5,4l8,000 in preferred stock Of
General Foods Corp
The comparative table showed:
This week Year ago
Municipal Sl6,3l9. 900 4ll 71S,17k
Miscellaneous 255.0OO 10000
Stock ----- 15,41S,OOO 107S,658
Industrial ---- 1900, 900
Public utility - 42,5OO, 900
Railroad ----- - 649O.OO0
Tota, --- S3I a92. 900 ss4 21s. 7s3
Evening star., 1938-05-06

NEW YORK. May s (P).-The
movement Of railroad freight gained
slightly more than seasonally during
the week ended April 30. with the
sharp rise in industrial traffic largely
responsible.
The improvement in miscellaneous
freight-the main industrial classifi-
cation-after allowance for seasonal
factors was substantially greater than
that for total loadings.
The Associated Press seasonally ad.
justed weekly index of freight car
loadings. based on 1929-30 as 100, ad.
vanced today to 567, compared with
56.6 the previous week, and sl8
year ago.
Range Of recent years:
1898. 1887. laas 1895 1884
Low LOW - s5.a SIS see.22 $50 81 sas 5
Evening star., 1938-05-06
FINANCING TRIMS
EXCESS RESERVES
LendabIe Supply Declines
140 Millions Due to
Federal Action.
BY The Associated Press.

oy lRc hsSOClAtetl FTeSS.
Federal financing trimmed $l40,-
000, 900 of the Nations huge bank sup
ply of lendable funds. reducing these
excess reserves to $2,440, ,000, 900 in the
week ended May 4, the Federal Reserve
Board said.
Sale of 5000, 1000, 900 worth of Com
modify Credit Corp. notes reduced
money in circulation and consequently
cut excess reserves. Excess reserves
have been about doubled, however, in
the last few weeks as the result Of the
administrations new program of
credit imitation and will continue to
increase for several months as the
Treasury spends the Sl,40O, 900 900
credit 1t received from the desteriliza-
ton Of gold.
The board also reported that for
the first time in five weeks the IL
Federal Reserve Banks failed to con-
duct any stabilizing transactions in
the Government securities market.
When the new spending program was
announced Federal bond prices rose
so fast the Reserve system sold Gov
ernment bonds to stabilize the market.
Changes in member bank reserve bal
ances and related items during the
week and the year ended May 4, 1898,
were reported as follows:
Evening star., 1938-05-06
MONTREAL SILVER.
specia, Dispatch to The Star.
BALTIMoRE. May g.

MONTREAL. May g lo.-Silver futures
opened 80 higher. May, ~ IS.
Evening star., 1938-05-06
FREIGHT TL0AD|NGS
At 543,075 MARK
Weeks Gain of 81 Per Cent
Leaves Shipments 3O.2
Below Year Ago.
BY the Asst cisted Press.

BY CF!H AsSf CI6ted FrekS.
The Association OF American Rail-
roads reported today 543,075 cars Of
revenue freight were loaded during
the week ending last Saturday.
This was an increase Of 19. 9.3OS cars.
or 3.7 per cent, compared with the
preceding week; decrease Of 234.752.
or 302 per cent, compared with a
year ago. and decrease Of 49,. 1904.
or 40.1 per cent, compared with 1890.
The report classified the loadinss as
follows:
This Last year
week. week ago
Miscellaneous 227,51s 9,73a 3D. ,35s
Less than car
Evening star., 1938-05-06

0',rrg Wm u,,;th T." ~ st--oI ,,,,SI 3I
rants. n-New. st Cstpl-Stamped
sNeeotiability impaired by maturity.
fCompanies reported in receivership.
The Washington times., 1938-03-21
Furr to Wed Show Girl
'ReveaI BetrothaI on
AirpIane Stopover
In Chicago

CHICAGO, March 21 dN.sO.
Fighter Tommy Farr, rugged
Welsh heavyweight, has had his
ups and downs in the ring, but he's
about to win a permanent decision
in an affair of the heart. And the
lucky lady is Miss Eileen Wenzel,
New York showgirl.
The pair revealed their be-
trothal on an airplane stopover
here. Asked if it was true he in
tended to marry Miss Wenzel,
Farr said:
That's a fact, fellows. We
will be married in q couple Of
months. We haven't set the
date let"
But we will" supplemented
Miss Wenzel, beaming.
Eileen, sister-in-law Of Nils T.
Granlund, nightclub entertainer,
won $4,000 in 1895 in q suit
against Louis Ehret, jr., brewing
heir, for injuries she received when
he wrecked his car In 1882.
The Washington times., 1938-03-21

IL va Ss
Horses are arriving at the
track daily from Florida, New
Orleans, and California. At
present about $50 Of the thor
oughbreds are quartered on the
grounds and an additional 500
are expected during the next
eight days, according to Dick
Pending, superintendent of the
plant.
Every year, at every opening,
there is some innovation that
tends to make an attraction as
modern as possible. Even racing
plants are not devoid Of such
features, and Bowie is no ex.
ception.
The Jones Camera is the
latest thing for photo finishes
and is referred to. by the gents
who are now constructing the
thing, as a "photoscope."
Briefly, the Jones machine
will flash a finish of race on
a three-foot square screen at the
west side of the grandStand.
The Jones camera is equipped
with an automatic feeder which
lops a minute and a half from
the old process, which took 5
minutes. Three pictures are
taken, showing our friends, the
bangtails, at the wire, into the
wire and out Of the wire.
Like the Adams invention, the
camera is constructed above the
stewards stand.
OF particular interest to race
The Washington times., 1938-03-21
FLANAGAN SETS
3 new MARKS

CORAL GABLES, Fla, March 81
UN.sJ.-Ralph Flanagan, Miami,
American middle-distance swim.
ming champion, today held three
new national marks.
Flanagan, swimming freestyle
over a 20-yard course, established
new marks for the 400 and 44O
yards held by Jack Medica, Seattle,
Wash, and the 400meter mark
held by John Macoinis, Yale Uni
versity star.
His time for the 400 yards was
Alb, which bettered the old time
Of. 4:19 by TT seconds.
He was clocked in 4:37 for the
other two attempts. The old mark
for the 440 yards was 4:43.S, and
the 400-meter record was 4:47.
The Washington times., 1938-03-21
.SEABISCU|T TO
STAY ON COAST.
SAY S HOWARD

LOS ANGELES, March 21.-Ac-
cording to an announcement by
Charles Howard of San Francisco,
owner of Seabiscuit, the Pacific
Coast thoroughbred will not leave
California this year, centering its
racing activity at Bay Meadows.
Tanforan and possibly Auga
Caliente.
Racing fans were hopeful that
the great California ace would
show in the East this year to be
pitted against War Admiral.
Efforts to bring together Amer.
ica's two greatest horses last fall
and this winter failed with Sea-
bircuit remaining on the Coast
and War Admiral competing in
Florida.
The Washington times., 1938-03-21
Forty Entries Vie
For Handball Title

MEMPHIS, Tenn, March 2I.
Forty entries were prepared today
to compete in the nineteenth an
nual National A. A. q. Handball
championships here.
Joe Platak, of Chicago, Is the
defending champion, with Sam
Atcheson, of Memphis, twice ma
tional titleholder, seeded No. 2.
Platak and Bob WELLER, of Chi
cago, are the defending doubles
champions, with Atcheson and
Walter Streuli, of Memphis, ex-
pected to give them stern competi-
ton.
The Washington times., 1938-03-21
LOUIS AND MAX
FIGHT BIDS OPEN,
SAYS JACOBS
BY HYPE IGOE

NEW YORK, March 81 d.N.SJ.
Mike Jacobs, president Of the
Twentieth Century Sporting Club,
today offered a spirited reply to a
radio commentators assertion
that Mike had made bargain
with the New York State Athletic
Commission whereby, in exchange
for the sanction for a Henry Arm
strong-Barney Ross handicap title
match, he had sworn to pitch the
Joe Louis-Max Schmeling battle
ring in New York next June.
Jacobs declared that he had
made no such agreement with the
board and that nobody could in
duce him to enter into any such
pact. He said:
General Phelan, chairman Of
the board, believes that we are
going to see the heavyweight
title bout here in June. Who
can tell whether or not SchmeL
ing is going to be here under
present conditions abroad? I
told Phelan that New York has
the best chance at present, but
June is long way off.
II have not given up trading.
have an offer from Philadel-
phia, whereby they propose to
turn over the sesquicentennial
plant rent free. would profit
by $4,000 in such a trade. AS
a promoter I must given such an
offer every consideration.
Detroit has made flattering
overtures. They talked to me on
the wire Saturday. Nothing is
fixed, nothing is set. I'm still
in the open market"
The Washington times., 1938-03-21

horse owners who have quar-
tered their thoroughbreds here
are the four stake races; namely,
the Bowie kindergarten, the
Rowe Memorial, the Bowie Hand
leap and the Southern Mary
land.
j. A. Manfuso's Aneroid, con-
queror of Seabiscuit during the
recent Santa Anita meeting, is
listed to compete in the Bowie
and the Handicap.
A. c. Compton's Sun Egret, a
triple stake winner at Santa
Anita, and Howard Bruce's Jay
Jay, which went haywire last
season, are down for the Rowe
Memorial, which carries five
grand.
Standout performer nomin.
ated for the Kindergarten
Stakes, $4,000 added, is Elwood
Sachsenmaier's Charlotte Girl,
undefeated filly champion of the
Florida racing season.
The Washington times., 1938-03-21
Seven Tits Listed
In D.C.A.A.U. Meet

Seven games are listed in the
D. C. A, A. q. basketball tourna-
ment tonight, with the 145-pound
division providing three games,
with one each in the other four
divisions. The tilts are listed for
the Washington Boys Club floor.
The outstanding game Of the
evening is slated in the unlimited
class when Delaware and Hudson
clashes with the Latter Day Saints
flee. The D. and H. dribblers
recently defeated Senate Beer by
a lop-Sided score.
The Washington times., 1938-03-21
Corner Gets Wish;
Bonuru q Senator

zeke Bonura, Washington's
newly acquired first baseman.
reminds Vice President Garner
that the trade which brought
him to washington was what
the Vice President himself had
wished for last summer.
Zeke wired the Vice President
this morning from New Or.
leans:
The Washington times., 1938-03-21

Remember? You got your
wish. I am q Senator now"
The husky slugger was re-
ferring to q remark made by
Garner last year when intro
duced to Bonura after zeke,
playing for Chicago, had laShed
out several hits which had
brought disaster to the Wash.
ington ball club. The Vice Presi-
dent then said II wish you were
q Senator"
The Washington times., 1938-03-21
Stage Hand
Derby Winner, Says
Mrs. Earl Snnde

CHICAGO, March 81 G.NSO.
With Earl Sande as trainer,
Stagehand will win the Kentucky
Derby.
That's the opinion of Mrs.
Sande, wife of the former jockey
who rode three Kentucky Derby
winners, and she aired it on ar
rival here from California. She
said:
Earl doesn't see how the
horse can lose. He's as happy
as a 16-year-old apprentice
about to ride his first horse in q
race"
The Washington times., 1938-03-21
Presidents Hold
Diamond Practice

ALEXANDRIA, Va, March 81.
First practice for the George
Washington Presidents baseball
team was held this afternoon on
the local diamond on Mt. Vernon
Avenue. George Tyler, former
Emory and Henry athletic star,
directed the drill.
The Washington times., 1938-03-21
Hold Funeral Rites
For Bob Garrison

Funeral services for Bob Garri-
son, Post sports writer, who was
killed Wednesday in an automo-
bile accident in South Carolina en-
route to Florida for a vacation,
were held this afternoon at
Chambers funeral parlors.
Interment was made in Cedar
Hill Cemetery.
The Washington times., 1938-03-21

M a r y ! q n d
tracks. and
Bowie, t h e
m os t iso-
lated, shows
profits.
The Joker
is to be found
in the fact
Pimlico suf-
fers a $1,000
daily county
tax wit h
W h ic h no
other track is
e n numbered
and Bowie
~~araEAe ~ n
The Washington times., 1938-03-21
HINES TURNS PRO

CHARLESTON, w. Va, March
21.-Wilmer Hines, ranked No. 8
nationally two years ago, will turn
professional. it was announced to-
day by James Allen, president Of
the Charleston Tennis Club.
Hines was ranked No. 3 as q
doubles player on the 1885
listingS.
The Washington times., 1938-03-21
abrams Is IS
Choice to DefeAt
Jones ut arena
BY BOB ADDIE

Tonight Turner's Arena Georgia Abrams will attempt to
the eighteenth strand his victory ken when tackles
rough Jimmy Jones' of Baltimore The local middlewegh
try prove Mickey Walker either gentleman and Judge
of good fighters bum when pricing ring ability
The Washington times., 1938-03-21
Fools Day Opening ut
BOWie FeAtur3S New
|Ph0t0- Finish Camera

Ten days from tomorrow the bangtas start their
around the Bowie track signaling the start Of Mary
lands racing Oddly enough, the inaugural
start Fools Day. Friday, April The meeting extends for
The Washington times., 1938-03-21
KIRK MILLER
Times Sports Editor
Says:

Mondays musings:
Pimlico, in the midst of i'm
mense population, makes less
money than any of the four
The Washington times., 1938-03-21
TERRELL POINTS FOR OPENER
NAVY PLAYS

ANNAPOLIS, Md, March
FL. - The Naval Academy
baseball campaign will open
Saturday a fternO 90 n here
when the University Of Yer
mont plays here. Max Bishop,
former Philadelphia Athletics
second baSeman, is now coach
Of the Middies, succeeding
Marty KarOw, who resigned
In January.
The Washington times., 1938-03-21

Too, the Colombia Republic of
South America issued a postage
stamp in connection with the
Pan.American games showing
the figure Of Ty Cobb sliding
into base.