davidaulloa/AmericanStories huggingface dataset:
Evening star., 1938-01-17
RECOVERY SCORED
BY FRENCH FRANC
Rally Staged as Political
Leaders at Paris Try to
Form Cabinet.
BY the Associated Press.

6y Cne ASSOclAteo Press.
NEW YORK, Jan. 1.-THE French
franc rallied substantially in foreign
exchange dealings today notwtth-
standing the inability of political
leaders to form a government at Paris
over the week end.
The unit SOLD at 3.36h cents. up
.02ss of a cent from Saturday, and
quotations on forward currency dem
onstrated more stability than at the
end Of last week. Banking quarters
reported the French stabilization fund
was operating but to a lesser degree
than recently.
The British pound sterling was 3-l6
Of q cent lower and the Swiss franc
lost .0l OF cent. The guilder gained
.0l Of a cent and the Belga .0021a OF
4 cent
The dollar was In sharp demand in
Paris during the morning but lost
some Of its attraction before the close
and ended at the equivalent Of 3,34l
cents to the franc. compared with 3.345
in the New York over the week end.
The dollar in London was 70 Of cent
higher at 499 9-l6.
Noon rates follow:
Great Britain in dollars. others in cents.
Great Britain, demand. .99i: cables 4.99 !:
BO-day bills. 4.9sis. France. demand,
3367s: cables. 3.367s: Italy demand.
$685.: cables, 5.26h. Demands-~Belsium.
I69lla: Germany. free, 4O..sia; registered.
~ 40: travel 25.6h: Holland. h5.6s;
>. 80; Finland. 2.22: Switzerland, "3.lO,
spain unauoted; Portusal. 4.54is; Greece,
92h: Poland. 1900; CzechoslovakiA.
35li4: YuEoslavia. 2.35: Austria. 1S.a1n:
Hungary 1890; Rumania, rs: Argentina.
:,3. n: Brazil tfree,. 5.30n: Toxic, "a.Os;
Shanehai. 1882: Hone KONG. 81 81: Mex
leo City $50; Montreal in New York,
n--Nominal.
Evening star., 1938-01-17
PHILADELPHIA PRODUCE.

PHILADELPHIA; jan: u A9.-.Lve
.3.4: mixed colors, fancy. a1-23; White
Leshorns, fancy. 1921; ordinary, 1919;
Stacy young roosters, 1S; good roosters,
pullets, fancy. cross-bred. 25-26; brolers,
under pounds. fancy. 1920; ordinary.
15-17: spring chickens. fancy, .21-2e, as
to weight: ducks. White Pekin. fancy.
young. 5 pounds and over. %; Muscovy.
white. IS: black 1917. Turkeys, fancy
hens. 80; toms. Is.
Dressed poultry. fowls. fresh killed. in
boxes. Western. 2O1a-26; city dressed
smaller. 1918: cspon.. western. ss-ss;
as to veisht: TURKEYS, nearby ana
Northwestern. fancy. young hens, 30-31 !;
young toms, 2e-30: old hens. 2eH H-27;
old toms, 25; heavy; young toms. 81.
January. 100.
Butter. top grades, .35-3s34; % score.
34A-34%: al score. 3334; 90 score, 80:
80 score, 32Na; 80 score. 32h; SO score,
31h.
EGGS. 1892. irregular; extras, whites,
25-27-h: extras, browns, 26-261a: stand
ards. Nos. l and 2. 24-24k; standards.
Nos. 3 and 4. 23-231.: trades. 22-221a;
mediums standards. 22-22h.
Evening star., 1938-01-17
CHICAGO PRODUCE.

CHICAGO. Jan. y tP.-Poul.ry. live,
II: pounds and less. a21s Leshorn hens.
u: springs. 4 pounds up co,ored' 50is:
Plymouth and White Rocks %: less than
Plymouth Rock, %: broiiers, b 0coi coiored.
rh,rpout rlynouth aTpd aTpsd White Rock. 20; bareback
roosters: ;: Leghorn ROSTERS. Il: turkeys
hens. "a; TOMS young, 20; old. is: No.
turkeys;, 16:, ducks. AZ pounds UP. col
white. 10: capons, less than pounds, s6:
R.n,ds Roundss up; n. - : :, geese stseaI 10. 49,,
pounds up: es: less than is pounds. -:
eials la3 scoreI. 3ss.-:i3h extras y ,sa1 ss9
8eA: extra firsts (aO-9D. 3II.-a.: first.
(ss-sa). 3O-3l; seconds tS4 4-S1I IA. s7-3s
standards 900. centralized carlots,. 81 "a.
EGGS, II .374:. weak. Fresh graded extrs
nrsts, local. 2Ola: cars. 21l2: firsts. local
Potatoes. 17a: on track. a73: total Unitet
States shipments. Saturday. aS6: Sunday
So. Dull: supplies moderate: demand slow
Sacked. per cwt.: Idaho Russet Burhanks
Y; e Nc. I:35,-49: Colorado Red Nc
kota Bliss Triumphs. 90 per cent U. 8
No. and better. 1.1O.1211: Wisconsin
100: u. g. commercials. 9O-ab; Michisar
New stock slightly weaker: demand light
Florida Bliss Triumphs. U. s. No. /. 2.2s
bushel crate.
Evening star., 1938-01-17
Storage Apples
To Be Purchased
By Federal Agenc,
by the Associated Press.

By the Associated Press.
The Federal Surplus Commodities
Corp. announced Saturday it would
purchase storage apples in West Vir-
ginia. Maryland and Pennsylvania to
bolster prices for growers
The apples will be distributed to
needy families through State relief
agencies.
The corporation will pay IS cents
a bushel on the tracks for winter
varieties grading u S. No. l. 2l2-inch
minimum. from cold storage. includ-
ing Winesap at "a Inch minimum
Cold storage apples grading a COM
bination of 80 per cent U. S. No. /.
balance U. S. utility. 2,2 inches and
up, will be purchased on basis Of
IS cents bushel. Apples in common
storage will be bought at Is cents per
bushel less than the prices for cold
storage fruit.
Purchases will be made through
State and county ALLEGATION commit
tees,
Evening star., 1938-01-17
ACTIVITY CLIMBS
At STEEL PLANTS
Institute Finds Operations
Two Points Higher at
29.8 Per Cent.
BY the Associated Press.

BY the Associated Press.
NEW YORK. Jan. 17.--Operations
in the steel industry for the current
week advanced points to 29.s per
cent Of capacity, compared with 27.8
per cent last week. the American Iron
and Steel Institute estimated today.
A month ago operations were at the
rate Of 235 per cent OF capacity. while
year ago they averaged 806 per
cent.
The indicated rise is the third con-
secutive weekly upturn since the
opera ting rate established four-year
low OF 1872 per cent in the year-end
holiday week.
Steel circles attributed the rise in
activity to increased requirements by
the automotive industry and some
pickup in demand for miscellaneous
products.
Evening star., 1938-01-17
MAL0NEY FILES BILL
TO REGULATE BROKERS

BY the Associated Press.
Senator Maloney, Democrat, intro
duced today a bill to regulate over
the-counter brokers in much the same
manner as national securities ex-
changes.
The bill would bring dealers in un-
listed securities, who sell in inter-
estate or foreign commerce or through
the mails, under the control of the
Securities Commission. 1t would pro-
vide for formation Of national dealers
associations and enforcement of their
regula tions.
The measure was referred to the
Senate Banking and Currency Com
mittee.
Evening star., 1938-01-17
NEW YORK PRODUCE.

NEW YORK. Jan. II fP).-Eegs. IL sos:
unsettled. Mixed eolors: Special packs.
4i2-25: standards. 23a4-24; firsts. 22l7-
"a: seconds, 2ll.-21,a; mediums and
dirties. No. !. 81: average checks 90
Refrigerator; special packs 21A-21ia;
standards, 20s4-2l; frsts "O-3Ola: sec
onds. 1e-1ais mediums and small. 10;
Higher than extra. 3s-34s.; extra tSa
score. 33'.: frsts tss-al. 3IIa-33L.
seconds tS4-S1b 3O-31
Cheese. 6S. S.345. weak State while
milk fats fresh fancy, l7-IS: held
fancy. 1898. 22-24: held, 1897. 2O-2l.
Evening star., 1938-01-17
|. c. c. FIXES DATE
FOR RATE HEARING
Oral Argument on IS Per
Cent Boost Will Be Heard
January 81.
BY the Associated Press.

By the Associated Press.
The Interstate Commerce Commits
sion announced today oral argument
on the railroads proposal for q IS per
cent freight rate increase would be
held January 81.
Time allotments for oral arguments
must be requested not later than jan
uary 27, the commission announced.
Written briefs were ordered filed on or
before February 9 when the case will
be submitted for decision.
Earlier Commissioner Clyde A..
Aitchison said final hearing on g petit
ton of Eastern railroads for an in
crease in passenger fares from 2 to
212 cents mile would be held Jan
uary 20.
This request, covering only Eastern
roads. is part of the general rail petit
ton for increased revenues, sought
chiefly by proposed Is per cent boost
in freight rates.
Evening star., 1938-01-17
BOSTON WOOL MARKET.

vas very quiet today. The only trade
reported VA. Was : limited amount Of buy.
needs. Prices were about steady compared
with last week on active lines which com
Sradef. Prices in Australia were mostly
unclaimed from last weeks close. accord
Ing to cables received by private concerns.
day were reported steady 70 slightly below
prices at sale In the early part Of the
week.
Evening star., 1938-01-17
ABITIBI POWER SALE
FAILS TO WIN APPROVAL

By the Associated Press.
TORONTO, Jan. 17.-Justice Charles
McTague today refused to approve the
sale of assets of the Abitibi Power 6z
Paper Co. to 4 new company to be
formed.
The plan for reorganization and
sale of the company was proposed by
. committee headed by Joseph H. Rip
ley Of New York. and approved by q
majority vote Of stockholders. It was
opposed by several factions, including
bondholders.
The proposed sale was to have been
covered by = $4,000, 900 bond mort
gage.
Evening star., 1938-01-17
FOREIGN MARKETS.

LONDON, Jan. II tP,.-The stock mar
ket closed with mixed tone. although
Atlantic issues and mining shares were
in demand and British funds sold higher
rejecting the flight of capital from the
continent. Base metal shares moved
higher and Japanese bonds gained tbout
=" points while Chinese liens lost a point
or more. Industrials and oil securities
remained quiet
PARIS.--Internationa securities con-
tinued in supply with Suez Canal showing
a net loss of 42a francs on III. day and
Royal Dutch declined more than 100
francs Government bonds held arm.
rentes moving up Is to as centImes and
Bank Of France shares sained slightly.
Evening star., 1938-01-17
Sharp Drop Seen
In Crude Rubber :
Consumption Rate
By the Associated Press.

By the Associated Press.
NEW YORK. Jan. 17.-Crude rub
Der consumption in the United States
amounted to 2s,1s0 long tons in De-
cember. compared with 80 ,984 in No.
vember and 1874 in December, 1896.
the Rubber Manufacturers Association
reported.
. For the IL months consumption
totaled 542.947 long tons. against the
revised figure Of $4,000 in 1896.
Stocks on hand at the end Of De-
cember aggregated 256.618 long tons,
compared with 2l7,586 in November
and 223, 900 at the end Of 1896.
Evening star., 1938-01-17
SANDY SPRING BANK
ELECTS DIRECTORS
Special Dispatch to The Star,

Special Dispatch to The Star.
SANDY SPRING. Md. Jan. ~
At the annual meeting of the stock
holders of the First National Bank
Of Sandy Spring. directors were chosen
as follows: DR.. Jacob w. Bird, Calvin
Bready, Francis ], Downey, Allan Far
quhar, Miss Mary E. Gilpin. T. Lamar
jackson. Josiah w. Jones, Richard H.
Lansdale. Francis Miller, William E.
Talbot and Fred L. Thomas.
The directors reelected Mr.. Thomas.
president: Mr.. Downey, vice president;
Mr.. Miller, cashier, and Mr.. Jones,
chairman OF the board.
Evening star., 1938-01-17
CURB LIST GOES
TO LOWER LEVELS
Utility, Specially Issues As.
sumo Leadership in Mar.
ket Decline.
~ the Associated Press.

NEW YORK, Jan. A7.-The curb
market sought lower levels today under
leadership OF utilities and specialties,
the more active of which Welded ma jor
fractions to more than 2 points
A crack Of to g.: points in bonds
Of United Light e. Power brought
selling in that company's stock as we'll
as other utilities. NIAGARA Hudson
was nearly point lower in final
hour along with American Gas. Elec-
trio Bond & Share and United Gas
Other losses included Newmont Min
Ing. Aluminium Co. and Gulf Oil.
Scattered gamers included Amer
lean Cyanamid B" and Lake Shore
Mines.
Evening star., 1938-01-17
WOOL sHRINKAGE ENDED.

LONDON. England, Jan. II (Spe-
ciaD longer will the English
housewife be plagued by wool socks
which shrink after washing. A new
method Of treating wool yarn to pre-
vent shrinkage Is being installed in
three British mills.
Evening star., 1938-01-17

In bankruptcy or receivership or beins
reorsanized under the BANKRUPTCY Act. or
securities assumed BY such companies.
Rates OF dividends in the fore going tablo
are annual disbursements based on the
lasf quarterly or semi-annual declaration.
unless otherwise noted special or extra
dividends are not included
Also extra or extras. Declared or
paid 50 far this year. no regular rate
h Cash or stock. Accumulated dividend
paid or declared this year. Wv with war
rants. XIV Without warrants. var War
Evening star., 1938-01-17
TOBACCO AVERAGE GAINS.

NEW YORK, Jan. II R.-Average
price of U. S. type II, grade B4F, flue-
cured tobacco for the week ended jan.
uary IS advanced to 225 cents a pound
from 22,4 cents in the preceding week,
H. A. Stitch, tobacco economist, stated
today
Evening star., 1938-01-17

Standard Oil Co. OF New Jersey
Company announced q reduction Of
one-fourth per cent per gallon in the
tank car price Of heating oil, retro
active to January /.
Evening star., 1938-01-17
MONEY MARKET.

NEW YORK, Jan II tEp.-Cail money
steady; ! per cent all day. Prim. com
steady; s0-ao days. III: AS mos, IL
per cent. Bankers acceptances unchanged
1920 days ra-;.: 4 mos. ,:-ia; SIS
Reserve Bank. ! per cent
Evening star., 1938-01-17
ODD.LOT DEALINGS.
By the Associated Press

The Securities Commission reported to-
odd dealers or specialists on the New
York Stock Exchange for January IS
$500 purchases. involving 122, 13e shares:
3.a1e sales, involving 100 os4 shares
Evening star., 1938-01-17
INVESTING COMPANIES

NEW YORK. Jan. u ,P.-New York
Security Dealers Association:
Mann ouot ations
Evening star., 1938-01-17

NEW YORK BAR SILVER.
NEW YORK. Jan. II R.-Bar
silver, Az, unchanged.
Evening star., 1938-01-17
FOREIGN BONDS.

ltal su Pw es 'f3 ~ 4h Az
Rio de- Jan 61as 80 101a ,nH. 1oK
ww-With warrants. xw-Without war
rants. n-New. st fstp)-Stamped.
tNeeotiability impaired by maturity,
fCompanies reported in receivership,
Evening star., 1938-09-18

fortune to advance his work of mercy,
then was swallowed up in poverty" f."
disappeared from the world scene.
Bertha Won Suttner, secretary to
Alfred Nobel. found him at last in
the poorhouse Of the little Swiss VII
lage OF Heiden and nominated him
for the first Nobel Peace Prize in
1901. He gave the money to charity
and died as he had lived, almost
penniless, but still convinced that
humanity can find 4 cure for the
disease Of war.
If Czechoslovakia survives her pres-
ent dangers until October % A new
set Of stamps will be issued at Praha
to commemorate the Goth anniversary
OF national independence.
The British colony of St. Lucia will
have q new pictorial set Thursday.
Denominations range from 12p to los,
w, Hayden Collins, Col. Joseph
Hyde Pratt and Capt. Wilbur R. Van
Auken were among returning vaca-
tionists attending the Washington
Philatelic Society meeting Wednesday
evening
The Associated Press Feature Service
reports: venezuela issued its first
airmail stamp in l930-that set of
Is slightly label-looking adhesives
picturing biplane over a map of
the nation. In 1882 these stamps
Evening star., 1938-09-18


second lead Of spades showed West out
and that East had four to the jack
With no spades in dummy East could
not be led through and this necessi-
tated resort to the grand coup.
Other solvers followed the plan Of
H. @. Addison, 1915 M street NV,
who, after having declarer trump the
opening lead Of clubs, on second lead
1inessed the queen Of hearts and then
led the ace Of that suit. East having
had only one heart, figured that South
must have at least one more, trumped
with the nine Of spades. which South
overtrumped with the 10. Then he
Immediately led out all trumps and
made the diamonds. This method as
sured success at once but many fig-
ured that South endangered his
chances by finessing the queen of
hearts, for East's one heart might As
easily have been the king Is the Jack.
Both solutions, however. were right
from the standpoint OF success.
MRS. KATHERINE D. PRIEST
313S California street NV. has
gone to New York to attend the Cul-
bertson convention and upon her re-
turn to Washington will reopen her
bridge studio and resume teaching
during the coming season.
A RTHUR T. WE'LL, chairman OF the
Games Committee OF the National
Press Club. has announced the sched-
ule Of events of the 1859 bridge
tournaments which start on Septem-
Der 26.
Thereafter the first half of the
season will include pair games on
October 10 and "a, November 7 and
II. December S and l9 The second
nall OF the season will begin on
January .. and continue on January
23. February and 20, March 6 and
20. and April 3. Following the last
named date there will be play either
In pair and team matches for the
series Of club trophies. which include
the Ely Culbertson trophy. the Victor
H. Smith trophy, the E. Hall Downs
bowl, the M. H. Mcintyre cup. the
j. H. Edwards plate and the Mexican
Ambassadors trophy.
The games are open to all members
OF the club and their immediate fami-
lies. Guests OF members and their
families are eligible provided one
member Of each pair or two members
OF each team Of four Is q member
Of the club or of his immediate family,
Guests who have won master points
under the rating of the American
Contract Bridge League or who hold
teachers certificate are disqualified
from winning any Press Club prize
and members playing with non-quali-
ned guests will not be permitted to
have the particular score made in
such game count toward any Press
Club prize. The prohibition against
master players does not apply to
persons who are members of the club.
There will be weekly prizes for the
winners provided by the club as we'll
as the season prizes as above indicated.
The play will be in the auditorium
OF the club and begin at Sis pm.
Frank and Louise Guest will direct
the games and oficiate rs score
keepers.
A NEW event In the regional world
OF bridge which includes WASH
ington and localities rs far south As
Norfolk. Va. and as far north As
Pa, will be the inaugura-
Evening star., 1938-09-18

ton Of the Northern Virginia Contract
Bridge Tournament at the George
Mason Hotel. in Alexandria, Va,
beginning Friday and continuing
through the following Sunday.
1t has been established through the
cooperation Of the American Con-
tract Bridge League and the several
units In the territory surrounding
Alexandria, 1t not only provides q
competitive event for the players OF
Virginia and nearby territory. but it
forms another link in the chain OF
tournaments sponsored by the league,
which now offers q year-round pro-
gram Of bridge activities. Promoters
Of this series OF matches are Lewis
G. Tubbs OF Arlington and Lewis r.
Watson, jr., of Washington, co-chair-
men. assisted by 4 committee con-
sisting Of 1t. Comdr w. A. Corley,
John A. Dawkins. Paul E. Gordon,
Harold B. Karp, Mrs. James Z. Lemon.
Miles E. Myers, Mrs. c. B. Penne-
baker and Mrs Z. B. Swanson.
The tournament will open next Fri
day afternoon with . women's pair
event. followed by q mixed pair event,
one man and one woman, in one
session on the next day. The first
session Of the open pair match, men
or women, or both, will begin Satur-
day afternoon, as 4 qualifying round.
The second session will be held on
Saturday night. The team-of -four
match will have its first session Sun
day at 1880 am. and its second
and final session early Sunday after
noon
There will be . special game on
Saturday evening. with individual
prizes for those eliminated from the
open pair event. On Sunday after
noon will be played the Northern Vir-
ginia amateur game. which Is open
only to players who have no master
points. with the further restriction
that each pair must include one per-
son who is resident Of Northern
Virginia. Convertible master points
and individual prizes will be awarded
to the winners.
Those constituting the Tournament
Committee are Mrs p E. Henninger,
chairman, Arlington; Roy Astleford,
Washington; Mrs Marian H. Barre,
Washington: Horace M. Burns, Har-
risburg, Pa; Ellis Butt. Norfolk: John
r. Crawford. Philadelphia; Maj c.
w. Deitz, New Cumberland. Pa, for
nerly Of Washington; Preston c.
Ellet. Richmond. Va; Mrs. Fred
Fletcher, Green Castle. Pa: Herbert
Gerst. Norfolk, Va; Col. Robert H.
Gill, Baltimore; Charles Goren, Phil
adelphia; Joseph Grinsfelder. Balti-
more; Miss Frances Jacoby. Whining
ton. Del; Mrs. Charles Kavanaugh,
Washington; Mrs Calder Kirk, Bal
timore: E. B. Krebbs, Baltimore: Mrs
H. E. Latter, Wilmington. Del: George
Livingston, York, Pa; Frank B. Lord
Washington; J. B. Lowell, Arlington
Va; DR.. c. c. Mcdonnell. Washing
ton; Hawley Quier. Reading, Pa: A
Roth. Washington, and Maj. Clarence
Wyatt, Richmond.
Cloyd F. Waltman will act as tour
nament director and A. Philip Stock
Wis as scorer.
THE team-of-four championship OF
the Pennsylvania State contract
matches is in play today at the Penn
Halls Hotel In Harrisburg, Pa. The
Evening star., 1938-09-18
AUTO REPAIR IDEA Is SUCCESS:
Exchange Plan May Revoonze Design Methods of
Servicine Cars-Renewal Rather Than Repair Tried

clutch for 3le.05. In either case II
would be necessary for him to have
the transmission removed at . labor
cost Of Slo.s5. On AL exchange basis
the cost Of parts Is thus cut In half.
Under this new plan parts of ors
motorists car will eventually find
their way into other motorists cars.
In the case Of q clutch, certain parts
such ~ the hub. cover plate and nuts
can be used over again, II new fingers
and Innings are installed. II the
driving plate Il not warped it can b
refined and reused. At the factory
these parts are subjected to the same
tests given when they were new,
Where the public dement's most, how.
evr. Is in the certainty OF freedom
from further trouble with these ex.
changed units. Mistakes in assemb-
ling such parts, or in judging their
condition when repairs are being
made, are done away with because of
the great advantage enjoyed BY the
factory in doing such service work.
Another company now offers COM
plete motors in exchange for those
which have become troublesome. The
fear Of spending . lot Of money With
out results Is banished from the
motorists mind As he sees his service
man put back into the frame Of the
car . motor that Is every bit - good
As brand-new one. What the fac.
tory does Is to rebore the block and
Mt oversize pistons and rings. Con-
Meeting rods are realigned and fitted
with new bearing material. All valve
guides, valves and valve springs are
replaced. Even the block Is sand.
blasted 30 as to eliminate traces OF
rust or corrosion.
THE paper towel idea in automo-
biles, frequently offered as the
answer to convenience and economy in
car ownership, may finally have its
expression In this new exchange plan.
II parts Of cars we're 70 inexpensive
that they could be discarded like 4
paper towel when no longer useful
they WOULD lack reliability. The same
thing would apply to complete cars
where designed for too frequent re-
placement. With the exchange plan
in force throughout the industry,
motorists could enjoy freedom from
the necessity of putting up with
chronic car ailments. yet this would
cost them less in the long run, give
them the benefit of better design
and permit them to enjoy the safety
which higher quality always provides
Any exchange plan tnat would
include replacing of springs and shock
absorbers would enable car owners tc
enjoy continuously satisfactory riding
comfort. Other parts that should
come under the exchange plan include
brake drums and Shoes Another
welcome step would be an EXCHANGE
plan on radiators so that cooling
efficiency could be maintained At a
high point continuously.
The factories that built your car
seem ready to take the next big step
in keeping your car renewed rather
than merely repaired. It is 4 welcome
dicovery At 4 time when complicated
designs. high speed and more extern
sive use Of cars has already taxed
service facilities to the limit OF theil
capacity.