davidaulloa/AmericanStories huggingface dataset:
Evening star., 1938-06-15
STEEL CHEERED
BY TRADE GAIN
National Ingot Rate Rises to
26 Per Cent-Auto Plans
Optimistic.
Ey the Associated Press.

6S eIlc hbSOSlHtcu EIcbSs
NEW YORK, June l5.-"Iron Age"
said today in its weekly review Of the
steel industry:
"The steel industry finds itself in
a somewhat more cheerful position
this week than last. with June busi-
ness running slightly ahead of May
for some producers and the national
ingot rate up point to 26 per cent.
Evidence pointing to any consider
able run-up in steel mill operations
this summer is scanty yet prospects
for structural steel business are bright
ening. The automotive industry. con-
trary to expectations, Is now planning
to operate most Of the summer, and
steel sellers report a more diversified
demand for many steel products.
Most of the principal steel-pro-
ducing centers are more active than
a week ago with Pittsburgh's rate up
points to % per cent. Chicago up
q half point to 23l2. the Cleveland
and Youngstown areas each up a point
to 70 per cent and Buffalo up points
to 2911.
More encouraging than the dull
summer now in prospect for steel is
a longer range view into the fall
months when the shipbuilding and
construction industries, aided by Gov
eminent funds, will get into fuller
swing and other important outlets for
steel become more active.
The new p W. A. program is
expected to take $90,000,0O0 worth
of steel, with the first orders to be
placed in several months; $4,000 tons
of steel will be required for 81 ships
the Maritime Commission expects to
contract for within six months, and
the Nays billion dollar expansion
program is expected to require 108,-
$50 tons of plates, 5000 tons of
shapes and 1880 tons of bars.
structural steel lettings this week
totaled 22,50o tons, compared with
1880 tons last week.
Railroad buying was improved this
past week when Pennsylvania author
lied construction of a 1000 lotion
gondola cars and 20 locomotives utiliz-
ing more than $4,000 tons of steel,
and the Santa Fe bought $500 tons
Of rails and track fastenings.
Entry Of some automobile indus
try suppliers into the market for steel
aroused hopes that buying will be re-
sumed on q broader scale at Detroit,
where the anticipated summer shut
down is expected to last only three
weeks
steel news from abroad found
heavy inventories threatening a fur
ther decline in British ingot produc-
ton.
Toronto reports Britain planning to
place 5000, ,000,0 900 of munitions and
war materials orders in Canada, where
industry generally is reported on the
upgrade.
Prices continued in the forefront
Of domestic steel developments, with
several makers of galvanized sheets
acting after several weeks of uncer-
tainty to quote definite prices of 3.65
cents q pound, Pittsburgh, and 3.75
cents, Chicago, a reduction Of 50 a
ton in the published prices but higher
than the figures at which this product
has been sold recently.
For the second week the Iron Age
composite scrap price stands at $11,
lowest In almost three years."
--- ~~-.--~
Evening star., 1938-06-15
LABOR ACTS COMPARED.
Strikes Fewer Under British Law
More Under u. S.

More Under u. 5.
CLEVELAND, Ohio, June Is (Spe-
ciaD Comparison Of Great Britain's
experience under its Trade Union Act
Of 1927 and that Of the United States
under the Wagner Act shows that
neither has proved panacea for labor
ills, but the number Of disputes under
the British law has decreased, while
the number under the Wagner Act has
greatly increased, according to Steel.
A study Of comparable results is
complicated by political and anonomic
factors of the two countries, and also
by the relatively short experience in
the United States under the Wagner
Act. The British act has been in effect
II years; the Wagner Act, little more
than two years.
The British act was devised follow
ing the great general strike Of 1926 to
make organized labor more responsible
and to forbid any labor movement Of
. general or sympathetic character In
tended to paralyze commerce or the
orderly processes Of government.
Whereas from 1920 through 1926,
Great Britain experienced an average
Of 744 strikes per year, from 1926 to
1897 the average was only sos per
year. Workers involved In strikes
prior to 1925 averaged l,l5S.ooc per
Evening star., 1938-06-15
CHICAGO GRAIN
BY the Associated Press,

CHICAGO June 15-In the most active
grain trade witnessed in eight months, two
or three times larger than the recent aver
however, selling to realiSe profits more than
wiped out this gain
Big reductions in winter crop estimates
were q feature. NJ c. Murray reported the
present outlook as being for about 73O to
80 million bushels, against an estimate
OF S43 million the last week Of May.
At the close. Chicago wheat futures
were UNCHANGED to "a cent lower compared
with Yesterdays finish. July. ,sOhh:, Sep
tember, Sl-Slhs corn unchanged to ~
down. July. b7Is-L: September, 5s's- "a
and oats u cent or
Cash Market.
Cash wheat, No. . hard. s912: No. 4,
IS; corn, No. i: mixed. 57ia-5ss4: No. i
yellow. 5sa.s4; No. 5. 1884: No. / white
heavy gray. 29s4 No. 3 mixed o.: No /
white, 2as4: soy beans, No. , yellow. s7s.-
sSA: barley feed 35-53. nominal
Evening star., 1938-06-15

wages, net income available for fixed
charges was $31, ,463,336, or but $780,
SOS less then the total fixed interest
and other charges of $32,184,03l ac-
cruing during the year, Mr.. Willard
says. Total taxes in 1887 aggregated
over $11 600, 900, an increase over 1896
OF $720,208.
Freight revenues were lower, but
passenger revenues increased, the re-
port shows. Freight revenues totaled
$l47,2l2.330, decrease of $604,588,
due to the unprecedented decline in
business activity during the last half
OF 1887. Passenger revenues for 1887
amounted to $l1,918,602, an increase
over 1896 of $735, $50, or 6.58 per cent.
Net income for the year totaled
&720,695, decrease of $5,259,67 the
report states.
Railway operating expenses were
$128,859,516, an increase of $685.
1873 over 1896.
Hamilton Votes Dividend.
Directors of the Hamilton National
Bank yesterday declared a dividend
of so cents a share on the outstanding
stock, payable on August / to stock
holders of record July %, it was an
nounced today.
Directors of the Interstate Building
, Association have declared a semi
annual dividend of 2 per cent. The
payment will be credited to share
holders accounts as of June 80. Sec
retary Edward K. Jones announced
that assets are now at a record high
mark and expected soon to reach
$4,000, 900.
Y. E. Booker, member Of the
Advisory Council. Investment Bankers
Conference: Wallace H. Fulton, direc-
tor, and Murray Hanson, counsel, all
of Washington, will attend a special
meeting of the Board of Governors
and council at the Carlton Hotel next
Tuesday, when the Maloney Over-the-
Counter Bill and many other matters
will be discussed The organization
includes 1000 brokers and investment
dealers.
Savings Bank Names Officers.
Trustees of the East Washington
Savings Bank organized for the year
yesterday by electing H. H. Mckee
president, Gratz E. Dunkum, first vice
president; Lewis Flemer. second vice
president, and S. Wilson Earnshaw,
secretary
These officers have been serving the
savings bank for several years. Mr..
Mckee, the president, is also president
Of the National Capital Bank and
chairman of the Washington Clearing
House Association.
The trustees voted the regular semi
annual dividend of 8 per cent and an
extra dividend Of / per cent was de-
clared, payable on June 30.
Heard in Financial District.
Edmond L. Donoho, president of the
Strayer Business College Corp, has
taken over active management OF
strayer College in Washington since
the recent death of Pinckney j.
Harman, director Of the institution
for 81 years. Mr.. Donoho had been
associated with him for 20 years.
Potomac Electric Power 6 per cent
preferred stock sold at ia on the
Washington Stock Exchange today
The bid for Washington Gas Light
preferred stock remained at 97h with
100 asked.
Evening star., 1938-06-15

William B. Will
lard, chairman Of
the Commercial
Trade Activities
Committee of the
District Bankers
A S S o c | alton,
states in his an
nual report.
Mr.. Willard,
who is a vice
president of the
National Savings
81 Trust Co., re-
views the sweep
ing changes in
the economic Sit
uation oil over
Evening star., 1938-06-15

HueS lOr UNe year
'as $3.50. 436,436, an
increase over the
previous year OF
$A3,755, in spite
of the termina-
8 tion of the emer-
+, gency r. e / g h t
/, rates.
. Despite the loss
, in revenue from
: the lower freight
! rates, and the in
+. crease in cost of
{ operation due to
higher prices of
material and fuel,
Evening star., 1938-06-15
LONDON TRADE FIGURES.

LONDON, June Is @.-Board Of
Trade figures for May as follows: To-
tai imports, f75,390, 900; exports Of
British products, s3s,160, 900; re-ex-
ports. f7,170,000; total exports, E45,-
$4,000; excess Of imports. CSC, ,0e0, 900.
Evening star., 1938-06-15

year. and the average during the past
II years was only 254,000.
The Wagner Act was conceived with
the purpose Of giving labor more lib
critics. The United States averaged
1883 strikes per year from 1920
through 1895, against an average of
1886 in 1896 and 1887 under the
Wagner Act. Average number of work.
ers involved from 1920 through 1885
was 742,000 per year. while under the
Wagner act the average has been
1895, 900.
Evening star., 1938-06-15

New York Flour.
NEW YORK. June Is QP.-Fiour firm:
spring patents. 5.4O-70: soft winter
straights; 4.40-70; hard winter straights.
5.O0-5.30.
Rye -four arm: fancy patents, 440-75.
Rye spot hrm; No. 2, Western elf. New
York. 13.
Barley Arm: No. 2, domestic elf. New
York. 6SA
Hay steady; No. l., 1900: No. 2, 1900
II. 90; No. 3. 14.00-15.O0: sample, 1000
1900.
Other articles steady and UNCHANGED
LIVERPOOL Futures.
LIVERPOOL June Is H1.-Wheat fu-
lures closed firm.
Evening star., 1938-06-15
MONTREAL SILVER.

MONTREAL, June IS R.-Sflver
fgutures opened 86-105 points advance.
Bids: June. 42.86; July. 1880: Sep
tember, 41.30.
Evening star., 1938-06-15
TRADE CONDITIONS
FAIRLY GOOD HERE
Banker Reports Recession
Forces Less Vigorous
Than in Other Areas.
By EDWARD C. STONE.

BY EDWARD c. STONE.
While the recession has been. and
ik Nation wide, the District of Co.
lumbia has been to a large degree
immune from the rigor of its force,
Evening star., 1938-06-15
LEAD SOLD AT $3. .S5.

Lead Co. reports 200 tons Of Southeast
Missouri pig lead sold yesterday Of .S5
per 400 pounds East st. Louis. 200 tons
- .OH New York. so tons vt the New York
avef&Re.
Evening star., 1938-06-15
CARLOADINGS.

NEW YORK. June Is R.-Reyenus
freight carloadings on railroads Reporting
today for the week ended June II included:
Evening star., 1938-06-15
new YORK COTTON
By the Associated Press.

By the Associated Press.
NEW YORK, June l5.-Cotton f1uc-
tuated irregularly today. Early ad-
vances were credited to foreign rumors
Of dollar devaluation, but later re-
actions reflected more favorable
weather in the cotton belt.
Support developed in the afternoon
and October, which had eased from
$50 to 822, was selling at 8.24, with
prices ! to points net higher.
Evening star., 1938-06-15
New Orleans Cotton.


NEW ORLEANS June Is lP.-Cotton
futures gained 35 to so cents a bale here
today. but the advance melted under profit
taking and selling prompted by q favor
able weather and crop summary.
After midsession July sold at S.35 Octo-
Der at s.35. December at S39. March.
S.41, and May, S.45. or 8 to = points below
the highs. but still to s points above the
previous close
Final passage of the recovery bill IA
vorable foreign markets and the Works
PROGRESS Administr alton clothing pur-
Chasing plan combined to strengthen the
market in early dealings.
Selling pressure increased at advances
of . to - points and the market lost
good portion of the gain as the session
progressed
The summary said that. while the
weather was fairly favorable during the
week, too much rain fell in some areas.
Plants were reported blooming as far
north as South Carolina
oil opsned s,esey !nly
December. 1872; January 1.29b. Bid
Evening star., 1938-06-15
Liverpool Cotton.

LIVERPOOL, June 15 tP-Cotton
1000 bales. including 400 American
Limited demand in spot; prices 10 points
higher. Quotations in pence: American
strict good middling. $40: good middlins
strict low middling. 4.3l low middling
3.91; strict good ordinary. 3.5l; good ordi-
nary. j. 10. Futures closed 10 higher
July. 4.44: October, 4 4.55: December, 4 SO;
January. 4.60; March. SO; May, 4.66.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-11-29
County Decides To Start
Condemnation Movement
In Land Owned By Perky

AT an executive meeting fol.
lowing a special meeting of the
county commissioners last night.
members Of the board. all Of
whom were present. with Clerk
Sawyer and Attorney Harris. de-
cided 70 start condemnation pro.
ceedinss against n. c. Perky. who
owns about 10 miles of the land
over which runs the rish&-of-waY
Of the proposed Overseas High.
way.
This matter has been under
discussion for some time, and
Sunday afternoon Mr.. Perky's at
torney, w. Mel. Christie, and
Richard P. Daniel, attorney for
the State Road Department, met
with Attorney Harris and Chair
man Bervaldi to discuss matters
pertaining to the holdings of Mr..
Perky and securing rights-of-way
over his land for the continuation
of the Highway from Big Pine
Key to Key West.
The discussion proved to be
anything but productive of fay-
orable results and it was decided
by the commissioners that they
would meet in executive session
last night and go over the matter
from every angle, and this was
done with the result that con-
domination proceedings would be
started at once, or as soon as
necessary resolutions are receiv-
ed from the State Road Depart
ment.
It was also mentioned that the
matter of argument for dissolu-
ton of the order enjoining Clerk
Sawyer from dispoSing of any tax
certificates in connection with
lands ownd by Perky will be held
in Circuit Court in Miami on De-
cember 8, and Attorney Harris
will present to the court the argu-
ments for Monroe county.
In the event that the court de-
cides in favor of the county. and
il is believed this will be the re-
suit of the hearing, certificates
may be issued against the Perky
holdings and purchased by a
party or parties who so desire.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-11-29
PERMITS ISSUED
FOR REPAIRS AND
PAINT PROJECTS
SIX APPLICATIONS ron Ac.
TIvITIEs CALL ron Ex-
PEHDrTURE OF Tv&ETY-
FIVE HUNDRED DOLLARS

Painting and repair permits is-
sued from the office Of Building
Inspector II. NJ. Baker during the
past week total $500. as shown
bv the records IN the inspectors
office.
No building issues were made
Permits follow:
General repairs az 90z United
street. Owner. T. v. Kinsmaa.
cost. 81 900.
General repairs and paint 80
915 FLEMING street. Owner. Aaron
Mcconnell: cost. $500
Paint residences ~ the corner
Of sirn0nt0n and Caroline strasse
Owner. Frank Delaney. cost. $50.
Repairs 90 store ~ iIl7 Duvsi
street. Owner. e. Yasauez, essi.
$50.
Construct doors at building On
SlnlOnlon street Owner. Louisa
Porter Estate. cost. $50.
Paint building II GO William
street. Owner. Louisa Porter
Estate. cost. $50.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-11-29
MYSTERY
WHALE-LIKE FISH
CATCH HERE 1912
PHILADELPHIA EVENING
BULLETIN PRINTS STORY
PICTURE OF cHAs. THoMP-
SON INSIDE HUGE MOUTH

Commenting on an article con-
corning a whale-like mystery
species" fish in the Philadelphia
Evening Bulletin James w. Dun
away wrote an article for the Oct.
10 edition concerning the mys-
terious, whale-like fish caught
here during the davs of the con-
struction of the Florida East
Coast Extension.
A large photo of the fish with
Charles Thompson seated inside
the huge mouth accompanies the
article, The. article follows:
SIR: I was much interested in
Uncle Rays" article in The Bull
letin entitled "Whale-Like Fish
Still a Mystery" II so happens
that I was working for the Flor
ida East Coast Railway. Key West
Extension, in about June or July.
1912, when this huge monster was
caught | knew Captain Charles
Thompson and recall very dis
tinctly when the fish was caught.
II was in the vicinity Of Boot Key
some 10 or 80 miles south Of Mi
ami when the fish was finally
brought % the dock.
The fish was sighted by the
huge dorsal fin sticking out Of the
water and I recall that in order
to finally subdue the monster Il
was necessary to harpoon IL and
sheet il a great number Of times
with high-powered rife. All Of
this took some six or seven hours
When the fish was finally
brought in il was dashed OF rather
chained 30 the side of the boat. q
good sized schooner ! was pres
arst at the time and took some
excellent pictures Of the fish.
You will notice one picture
shows a man inside the mouth 81
the fish. The gIIlet Of this fish
was large enough 70 pass . beer
key through. I don't recall The
length or weight Of the fish but
as the pictures will attest. 4 was
certainly 4 whale Of . FISH.
II. II. LYMAN. general raSn&zer
AZ the Florida Power 4 Light Co.
Miani. and c. J corii&s. n0g con
nected with the Association q
American Railroads in Washing.
ton. were present and sac tae
flnh. Certainly il any che saw
shsa fish he eosid ret doabs fhe
Biblical story 81 Jonah and the
Whale
JAMES ~. DuNAwAY.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-11-29
Special Session Conducted
Last Night To Complete
Final Arrangements In
Matter

Special meeting of county COM
missioners was held last night for
the purpose of reading over the
contract and resolutions in con-
neetion with the repairs and ad-
ditions TO the county court house.
which will be started. il is ex.
pected. within short time.
Present were Chairman Ber-
veldi, Commissioners Porter, War
rem, Thompson and Niles. County
Attorney Harris. Clerk Sawyer
and Chief Deputy Sheriff Waite.
At the conclusion of the read
ing of the contract and rcsolu.
tons, they were unanimously APP
proved by the board and it was
announced that S. C. Davis, head
of the construction company
which was awarded the contract,
was expected to arrive today TO
sign the necessary papers.
Chairman Bervaldi announced
that'a very important meeting
had been called for this evening
by the Chamber of Commerce TO
be held by that body jointly with
the commissioners and the city
council, in the rooms Of the cham.
Der.
Object of the meeting. il is
said, is to discuss ways and means
for securing funds with which to
sponsor projects of the WPA.
II was then announced by the
chairman that the board would
hold an executive session for the
purpose of discussing matters IN
connection with the proposed con-
tinuation of the highway from
Big Pine Key to Key West, and
the attitude of r. c. Perky. ss
voiced by w. Mel. Christie at the
conference held Sunday with MIR.
Bervaldi, Mr.. Harris and Attor-
ney Daniels representing the State
Road Department.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-11-29
WE SHOULD
BY HARRY C. HAWKINS
rhs~E FNs-..s~- - T~~lm

A9AGGAAASAAAof 9&0AN 6Nk1AAsAsSaAA
Written for The Associated Press
WASHINGTON, Nov. 29.-The
reciprocal trade agreement be-
tween the United States and Ecu
ador, signed on August 6, brought
the total number of trade agree
ments concluded up to the pres
ent time TO l8.
The United States now has
trade agreements with 10 Latin
American countries. seven Euro
pean nations and Canada Agree
,Etients have been concluded with
Cuba, Belgium. Haiti. Sweden.
Brazil. Canada. The Netherlands.
Switzerland. Honduras. Colombia,
Guatemala, France. Nicaragua,
FINLAND. Costa RIGA, FL Salvador.
Czechosloyakia and Ecuador. Ne
gotiations are now under way
with the United Kingdom. with
Canada for a new agreement. and
with Turkey and Venezuela.
The Trade Agreements Act
provides for negotiations with
foreign countries for the recipro-
cal removal OF excessive barriers
To an increased exchange of prod
uctS with them. Such barriers
contributed to the decline in
United States exports Of from
S. a50. 600. 900 in 1879 20 q little
over 81. 500 oo0. 900 in 1851 The
trade agreements policy recog-
nixes that IN order 10 be able to
sell its products, . nation must
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-11-29
WE SHOULDlNO
BY H. STYLES BRIDGES
u. S. Senator from. New
HarAnsLira1-f'.
Hanipshireli

Written for The Associated Press
CONCORD, N. H., Nov. 29.-In
1929 the United States had the
largest foreign trade of any sin
gle area in the world. BY 1882,
based on gold value, our percent
age of the total world exports
had dropped from 14.6 percent in
1929 to 12.2 percent. Our pro-
portion of total world imports de-
clined from liz percent in 1929
to 9.5 percent in 1882.
In 1886 our percentage OF world
trade was LA percent for exports
and 1919 for imports. This shows
how our proportion, of world ex-
ports has decreased while our
percentage share of world imports
has increased to the detriment of
our domestic industries and to
the enhancement of foreign prod
ucts.
The figures show, that our 1886
foreign trade position was inn
proved less than one-haif Of one
percent over the 1882 level. but
this improvement was due to the
increase in imports since our rela-
tive export condition is well be-
low 1882, as is also the situation
for 1887.
The reciprocal trade agreement
act, passed by a rubber-stamp
congress, gives the President
power among other things to ne
gotiate foreign trade treaties
without the advice and consent
of the Senate, contrary to the
United States Constitution; to
raise or lower rates of duty so
percent without definite stand
ards established by congress for
such action; to fix the level of
rates and to grant this preferen-
tial rate to all nations.
/ am for a policy of real reci-
procity but am opposed to
granting the powers of the pres
ent act to the President without
restriction. 1t is giving him a
blank check on the very life
blood of our industries and the
working men and women of the
nation. The New Deal, through
free trade" treaties, has sent
millions of good American dol
lars to the worst sweatshops in
the world. while many of our
own industries are idle and mil
lions of our own workers walk
the streets in idleness and want.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1938-11-29

stand ready to buy the products
of other countries.
The Act was passed in 1884.
Since then, our export trade has
improved steadily. For the calen-
dar year 1887 total exports from
the United States showed a
1915 percent increase over our
total exports in 1882, and even
through the business recession of
late 1887 and 1888, exports re-
manned one of the brighter spots
in the economic picture.
Our imports during recent years
have been strongly influenced by
special factors. They spurted
noticeably as a result of the
droughts of 1884 and 1886 and of
our increased industrial activity.
But more recently they have fall
en- off because of normal crops
and the present lower levels of
business activity.
For the fiscal year 1897 1888
our total imports from all trade
agreement countries increased
26.2 percent over the 1894 and
1885 annual average. This rate is
not markedly different from the
28.5 percent increase in imports
from all management countries
for the same periods.
To the United States this means
foreign markets. greater domestic
purchasing power. as well as adj
vantages for consumers, To this
and all other countries it also gives
hope of escape from the innumer-
able devices which, By constitut-
ing veritable economic warfare.
have been strangling world trade.