davidaulloa/AmericanStories huggingface dataset:
Evening star., 1939-11-12
London Markets Depressed
By Fear Of Reich Move
By the Associated Press.

LONDON, Nov. 11.-Uneasiness
over Germany's intentions toward
the Netherlands and the next turn
Of the war weighed heavily on the
stock markets at the week end.
The underlying fear seemed to be
that the Netherlands might re-
lease flood Of selling. There was
trickle Of continental Offering of
securities like Shell. U. S. Steel and
Anaconda, of which Amsterdam is
heavy holder. All shares with
Netherlands connections weakened.
There was a rush for dollars by
Netherlands investors apparently
discarding remnants of sterling
securities. This contributed toward
half-point decline in gilt-edgeds.
War loan finished one-half down
yesterday at 911s. In rayons, court
aids declined 101a pence to 20 shill-
ings 71a pence.
Iron and steels were easier. In
oils, Shells fell 5-32 to 1 5-32, and
Royal Dutch y to 34h.
Evening star., 1939-11-12
September, 1899.
----'15O.53O 'Se6.337.9s1
September, 1898.
Store Sales Disappointing.

With warm weather retarding re-
tail trade and with one less Satur-
day than in the same 1888 month,
October department store sales in
Washington made comparatively
poor showing, the Federal Reserve
Bank of Richmond reports. How
ever, this weeks sharp sales up
turn indicates a more favorable
November trend.
October sales were IL per cent
ahead of year ago, a smaller gain
than in other recent months, failed
by a margin of OIL of l per cent to
equal the 1887 month and were
around per cent behind the same
1896 month. They were So per
cent ahead of the 1885 month, 5l!6
per cent above the 1888 month and
9 per cent above the 1929 month.
Because of sharp increases in
previous months, the 10-month
showing was much better. Volume
for that period was IS per cent
ahead of the 10 months of 1898,
2.3 per cent ahead of the 1897 period,
1877 per cent above the 1885 period.
81 per cent above the 1893 period
and 17.7 per cent above the 1929
period.
Washington's increases over 1929
levels stand in sharp contrast to
the record of other cities of similar
size, which report sales far behind
the boom years marks.
Tourist Trade Active.
Tourist trade has been active here
this fall and some barometers have
set new all-time records.
Hotel occupancy advanced to a
new peak for September, up 16 per-
cent from the same month a year
ago and above September 1929 by
the same margin, a report from
Horwath & Horwath, hotel ac-
countants of New York City, shows.
Accompanying the increase in guests
over 1929, was decline in room rates
from 1929 levels, although they
were ahead year ago and ap-
proximately equal to 1897 levels.
As result, while total sales and
room sales were well ahead of the
1898 and 1897 months, they were be-
hind 1929 levels. Restaurant sales
were ahead of both 1898 and 1887
and behind 1929, although the de-
cline was smaller than for total
sales and room sales.
Visitors to Smithsonian Institu-
ton and Washington Monument in
October were at the highest point
for that month in history. For the
first ten months Of the year, Smith
Evening star., 1939-11-12
Hosiery Via Telephone

INDIANAPOLIS, Nov. IL (Spe-
ciaD "A novel device to make 1t easy
for women to recorder silk stockings
has been introduced by Blocks de-
partment store here. Called "Tele-
phone Hosiery" the stores telephone
number is printed on the stockings,
and the colors have been named
after other Indianapolis exchanges.
uak1ng thsgn 0a0 70 Selnembee, toa
Evening star., 1939-11-12
Spurs CAPITALS Growth,

spurs CapltaPS Growth.
The steady growth in the execu-
tive branch has played an important
part in the growth of the National
Capital in the last few years, al
though sometimes it is forgotten
that around l56.l00 persons on pri-
vate pay rolls here receive approx
mately SIT 100000 a month.
The executive branch, with its
125,842 employees at the end of Sep
tember. was a larger establishment
than at its peak during the World
War, when it listed III, ,760 employees.
The difference is even greater. If
the present total was figured on the
basis used in 1918. it would be close
to 10000. In other words, there
are around 1l,00d more Government
workers here than at the peak Of
World War activity.
Back in 1905, when the Govern
ment was just an infant. the ex-
ecutive branch had only 25,930
workers.
Executive branch totals for the
Evening star., 1939-11-12

sonian visitors set new record, but
Monument visitors failed to equal
the same 1897 period With the one
exception, they were at their best
levels.
Washington tourist camp visitors
for October were behind the same
month of the last four years but in
the ten months stood at new all
time highs. 1t is apparent that after
an unusually busy summer, tourist
camp activity declined earlier than
normal this year.
Totals for Smithsonian, Washing
ton Monument and Washington
tourist camp in October and the
first 10 months of various years:
Evening star., 1939-11-12
Butter Receipts Show
Drop at Baltimore
Special Dispatch to The Star.

Special D1Spatch to Tne star.
BALTIMORE, Nov. 11.-Butter
receipts at Baltimore during Octo-
ber were lower than in September,
but were slightly higher than in
October of last year. Egg receipts
during the month showed decreases
from those of September and also OF
October, 1898. Butter receipts for
October totaled 1863 ,554 pounds and
egg receipts were 28.231 cases.
Baltimore's largest source of but
ter during the month was Illinois,
which sent in 651, ,191 pounds, while
Iowa was second, shipping in 407 ,305
pounds. The greatest egg receipts
were from New York, which supplied
Baltimore with 6,337 cases during
October, and Illinois was the second
largest source of origin, sending
5,633 cases.
Evening star., 1939-11-12

session at 7:30 o'clock will be pre-
ceded by dinner at $50 pm. John
l.. Mitchell, chapter president, will
preside at the meeting and o. D.
Crockett will lead the technical dis
cussion following the address by
Mr.. Nash.
On the evening Of November 20
members and friends Of the WASH
ington Chapter will inspect the
plant of the Gichner Iron Works,
Inc. Selected workmen will demon
strate the processes involved in the
manufacture of wrought iron and
Joseph Blumenthal, secretary treas
urer will describe the cost procedures
applicable to the various processes.
Evening star., 1939-11-12
F. 5. c. G. to Purchase
Cotton for Relief
BY the Associated Press.

6y the Associated Press.
The Agriculture Department has
authorized the Federal Surplus Com
modities Corp. to buy about $4,000
bales OF surplus cotton for distribu-
ton to State relief agencies which
Will use it in making mattresses and
comforters for relief families.
The corporation has asked cotton
merchants to submit offers by No.
vember 20 on "strict good ordinary"
or better grades of any staple length.
The corporation also will buy cot
ton ticking and cotton comforter COW
ering material to be distributed to
the relief agencies for making the
mattresses and comforters.
Evening star., 1939-11-12
Scheer Joins Boord
Of Roll Association
BY the Associated Press

BY the Associated Press
. PHILADELPHIA, Nov. led
ward w. Scheer, president Of Read
ing Co. and the Central Railroad
Co. Of New Jersey, was elected .
director Of the Association Of Amer
lean Railroads at the annual meet
ing held In Chicago yesterday.
Scheer, formerly general manager
Of the Eastern lines Of the Baltimore
b Ohio Railroad, was appointed vice
president Of Reading Co. In 1882
and Of the Central Railroad Of New
Jersey . year later. He was elected
president q both companies IN leo6.
Evening star., 1939-11-12
Watson Heads Group
OF Maryland Bonkers
b the Associated Press.

b the Associated Press.
SNOW HILL, Nd, Nov. 11.-Paul
E. Watson of Salisbury is new presi-
dent of district 6 Of the Maryland
Bankers Association, comprising
Somerset, Dorchester, Worcester and
Wicomico Counties. He succeeds
Harland Robertson Of Pocomoke
City.
H. P. Geohegan of Cambridge was
elected vice president at Thursdays
meeting. Watson will appoint Sec
retary and treasurer.
Evening star., 1939-11-12
United Carbon Earns
$266,854 in Quorter
By the Associated Press.

NEW YORK, Nov. 11.-United
Carbon Co. reported for the quarter
ended September 30 consolidated net
profit of $266,854 equal to 81 cents
Z share on common stock. This
compared with 1881 $50, or 96 cents q
share, in the preceding quarter and
$3.50 0657, Or % cents q share, In the
like period last year.
Evening star., 1939-11-12

ritory for tn e
last 46 years,,will
address w a s h
ington Chapter,
National Asso-
citation of Cost
Accountants, at
the H a m / lton
Hotel, Wednes-
day evening on
Cost Account
ing Methods APP
plicable to the
Printing B u S i
ness" His talk
will be illus
trated.
ThA <Ank~{nn1
Evening star., 1939-11-12
Clearing House Issues
Report at New York
BY the Associated Press.

NEW YORK, Nov. 1.-THE week
" statement Of the New York
Clearing House today showed:
Total surplus and undivided prof.
It's unchanged at $9l5,777, 500. Total
net demand deposits (average) de-
creased $37 ,950,000. Time deposits
(average increased $2,1S4, 900.
Clearings week ending today, '$2,-
40 PSI ,976. Clearings week ending
November !, t3S7s o2e, AL. sTive
dAyA
Evening star., 1939-11-12
Cost Accountants 10 Hear
Publishing Official

Richard M. Nash. treasurer of the
National Publishing Co., which has
been doing business as a commercial
printing establishment in this ter
Evening star., 1939-11-12
Executive branch totals for the

Distribution Shown.
Distribution of Government en-
ployment and pay rolls in September
and the same month year ago fol-
lnWS.
Evening star., 1939-11-12
TOTAL.

I So + 7T 5S 64% 61T
Horwath & Horwath indices, using
the 1929 monthly totals as 100, have
been extended below for the 1899
months:
Evening star., 1939-11-12
Annual Trends Shown.

In its annual review for 1898 Hor-
wath Il Horwath gave the following
averages of the above items for va
rious years:
Percentage Of 1929 Levels.
Evening star., 1939-11-12
ocTo1IR.
TEN MONTHS.
Smith Monu-
sonian ment r
visitors visitors
Capital Gains Large.

Capital Gains Large.
In the Horwath g. Horwath re-
port on September hotel business
Washington gains over year ago
we're exceeded only by those for New
York City.
The report follows:
Evening star., 1939-11-12
Mos se% s4% eoS 77s 111%

From the above table, it is appar-
ent that. while occupancy is we'll
ahead of 1929. the other items are
behind
Evening star., 1939-08-11
Chicago Livestock

CHICAGO. Aus. II CP'.-,H Hog quotations
today today were generally steady TO 10 cents
lower than yesterdays average Prices
were at a new. five-year low. Trade was
cattle supplies. Spring lambs were active
and from lV-l5 cents up
=, IodayS TOP price for hogs was S6 80.
1e5ie'Ua| average pr.ceS was Si.a6
asa;nSt S3.oS the previous day 500 a
week ago and Si.35 a year ago Receipts
noeS available for open trade out of a
total of $500.
The supply of cattle was SO small there
was little but cleanup trade Demand Tor
cutter COWS was fairly broad.
,acHnI MallVe spring lambs sole at Sa.0o TO
killers. Sheep held about steady.
tUnlted States Department OF Agricul-
ture).-Salable hogs, 1000: total q 800 in
general, steady to Q lower top. $50;
, 339o-625; 24o-,210 pounds, 55O-610 27O-
300 pounds. largely 49O-5. So :}OO-33o
pounds, 4.50-5.00: most good Sows, $50
pounds Gown, 4.2o-4. 80; very few light
butchers kinds.
49, ssIable cattle, 500; calves, 300; mod
erateg active; cleanup trade on limited
cnpples cons generally steady; demand for
loads steers and yearlinge around selling
downward from $50; with common GS5-
pound SouthwesternS at 6.25; loads good
to choice choice 625c7pound heifers. 925. Mixed
ping at go; practical limit on vealers.
1880. but some at 1878
Salable sheep 1000: total, 1000; spring
lambs active, 1915 higher; native spring
iambs' 300 to packers; top, 9,15, to small
$50; one double Wyoming s.65: yearlings
scarce: sheep about steady; few slaughter
ewes, 2.50-35 so.
Evening star., 1939-08-11
Wholesale Markets
Center Of Spotlight
In Merchandising
Retail Purchasing and
Advertising Budgets
Will Exceed Lost Yeur

By the Associated Press.
NEW YORK, Aug. 11-Trade re-
ports reflected a tone of optimism
this week, although there was q
note of caution in some instances,
due to unpredictable foreign de-
velopments, Dun g. Bradstreet said
today in the weekly review of busi-
ness.
The merchandising spotlight was
turned on wholesale markets, where
retailers purchasing and advertising
budgets for fall were reported to
average to 10 per cent larger than
in 1898. Actual commitments, how
ever, the review said, were being
made with as much care as in the
most depressed periods of the past
year.
On the retail front excessive heat
IN many sections was handicap
but results continued to show graft
Tying gains over year ago with
the average for the country running
from to IL per cent. The Midwest,
benefting from the sharp upturn in
industrial operations, scored gains
of from 8 to IS per cent, the broad
est in the country, the agency said
Low stocks of merchandise and
expectations of better fall selling
season than in 1888 tended to en-
large forward commitments, the re-
view said, adding that reports from
individual trades indicated the in
creases ranged up to 35 per cent in
some cases with that for the coun-
try at large estimated at between 5
Evening star., 1939-08-11
Cos Appliance Sales
Show Sharp Rise
Special Dispatch to The Star.

NEW YORK, Aug. 1l.-Gas ap-
pIiance sales throughout the United
States increased sharply during the
first six months Of this year as COM
pared to sales figures tor the cor
responding months in 1888, it was
reported by e. w. Berghorn, man
aging director of the Association Of
Gas Appliance and Equipment
Manufacturers, from their national
headquarters. 60 East Forty-second
street, New York.
Sales of gas-tlred furnaces thouSe-
heating equipmenD registered an
increase of 1910 per cent for the
first six months of 1889 over sales of
the same months in 1888.
Gas range sales for the first SIX
months of 1889 increased 1874 per
cent over the corresponding period
OF last year.
Sales of gas refrigerators for the
first six months Of 1889 were 300
per cent ahead of sales during the
same months IN 1888.
The gas water heater industry re-
ports an increase of 28.1 per cent
in the sales of automatic gas-fred
water heaters during this siX-month
period as compared to sales during
corresponding months in 1888.
Sales of gaS-fired boilers regis
tered a rise OF Sc per cent for the
first six months of 1899 as compared
to the same period in 1888.
Evening star., 1939-08-11
Foundation Becomes
Partner in Firm
By the Associated Press.

By the Associated Press.
NEW YORK. Aug. 11.-A chari-
table foundation today became
partner in a member firm of the
New York Stock Exchange for the
first time in the 147-year history Of
the market place.
The Charles Hayden Foundation,
charitable and educational fund es-
tablished by the late Charles Hay
den, former senior partner of Hay
den. Stone q Co, was admitted as a
limited partner in the firm.
The philanthropist's will had pro-
vided that $5000,000 of capital be
advanced by the fund to the firm.
Previously only individuals had
been admitted to exchange firms,
either as general or special partners,
because corporations have a iabil-
lty limited by the amount of their
capital, while individuals do not.
The exchange granted special per-
mission for the unusual step.
Evening star., 1939-08-11
Briggs Manufacturing Co.

Briggs Manufacturing Co. for the
June quarter reported net profit of
Sl078,742 after charges, equal to
50 cents common share, COM
pared with S958,047, or 48 cents
common share. in the preceding
quarter and S630,44l, or 80 cents a
share, in the like quarter last year.
Maker OF auto bodies, the COM
pany'S principal active domestic
plants are in Detroit and Cleve-
land.
Evening star., 1939-08-11
Idle Money in Banks
Reaches Record Hiqh
OF S4,530,000,000
Total on August 9
Is $4,000, 900 Above
Previous Week
By the Associated Press.


The Federal Reserve Board re-
ports that idle money in member
banks advanced to the new record
high of about $4,530 100000 in the
week ended August 9.
The total was $70,000000 above
the previous week. Major changes
shown in the condition statement
were an increase of $96.000,000 in
member bank reserve balances, a
rise of S220O00O0 in gold and de-
crease of s66,000000 in non-member
deposits and other Federal Reserve
accounts.
The boards statement said:
During the week ended August 9
member bank reserve balances in
creased S96,000000. Additions to
member bank reserves arose from
increases of $4,000 900 in gold stock
and s2000000 in Treasury currency,
and decrease of 5000 900 in Treas
ury deposits with Federal Reserve
Banks. $16000.00O in Treasury cash
and S66OO0. 900 in non-member de-
posts and other Federal Reserve ac-
counts, offset in part by decrease
OF Sl4 900 900 in Reserve Bank credit
and an increase of $l6.O0O,OOO in
money in circulation. Excess re-
serves of member banks on August
9 were estimated to be approximate
~ 81 100000, an increase of S7O,-
600 900 for the week.
The principal change in holdings
Of bills and securities was a reduc-
ton of S100000O0 in United States
Treasury bills"
Changes in member bank reserve
balances and related items during
the week and the year ended Au-
gust 9. 1899, were reported as
follows:
Evening star., 1939-08-11
Suit Filed
Against hid-South
Theafer Chain
Restroint Of Trade
In Five States
Is Charged
By the Associated Press.

By the Associated Press.
The Justice Department today eX-
tended its campaign against alleged
monopoly in the movies to the mid
South with announcement Of third
suit against theater chain.
A petition in equity is being filed
in Federal Court at Nashville. Tenn,
the department said, charging re-
straint Of trade against the Cres-
cent Amusement Co. and aff1liates
operating in Tennessee, Kentucky,
Alabama, Mississippi and Arkansas
and against all the major pro-
ducers.
The action is similar to those filed
August 7 against the Schine Chain
Theaters. Inc, and affiliates op-
Grating in New York. Ohio, Ken
tucky, Maryland and Delaware, and
April % against the Griffith Amuse-
ment Co. and associates in Okla
homa, Texas and New Mexico.
The petition seeks dissolution of
the Crescent chain, numbering ap-
proXimately 100 theaters, and rear
rangement of its properties under
separate corporations to create
competitive conditions. 1t also
seeks to restrain the chain from
acquiring additional theaters and
to enioin the producers from icens-
ing pictures except on a local COM
petitive basis.
TIE suit is the latest develop
ment in long campaign by As
Slstant Attorney General Thurman
Arnold. in charge OF the Justice
Department. Antitrust Division,
to alter the setup Of the motion pic
ture industry.
The opening gun was fired July
90, 1888. in New York when a suit
was filed against all the major
picture companies and their sub
salaries and various executives to
clarity the application of the anti
trust laws to the industry. The
action resulted in stipulation last
February in which the defendants
agreed to report to the department
the acquisition of any new theaters
or similar expansion
Evening star., 1939-08-11
Indian Buffer Pool
Is 5tabi|izing Force
On Silver Price
Further Increase Is
Posted for Spot
White Metal Quototion

By the Associated Press.
LONDON. Aug. 11-A large stock
of silver owned by the Indian gov
ernment-popularlv known as the
Indian buffer pool described
today by dealers as a stabilizing
force in the market in face of
rising tendency in the price of the
metal.
A further increase of Lie penny
(about 1s of cent? to II lie pence
an ounce 1854 cents was posted
today for the spot price. Contracts
for three months delivery moved up
1-16 to 1863.
Although the United States Treas
ury has maintained its quotation for
foreign mined silver at 35 cents in
recent weeks, dealers said there has
been a sizable amount of selling in
the futures market here by nervous
producers as protection against pos
sible additional cuts in the United
States price or complete cessation
OF American buying.
Held From Widening.
The discount on silver futures over
the spot price, dealers explained
probably would have widened except
for the operations Of the Indian
buffer pool"
The Indian government is sup
posed to have approximately l0,000,-
600 ounces Of silver stocks here.
This, it was said, has been drawn
upon gradually to meet the demand
for spot silver and corresponding
repurchases have been made for
forward delivery, thus giving sup
port to the futures market and ap-
parently making a profit for the
Indian government.
U. S. Was Main Support.
The activities Of the pool, it was
noted, appear to be based on the
presumption the United States would
continue to offer around 35 cents an
ounce for foreign-mined silver. The
United States has been rated the
main support of the world silver
market since the start Of Treasury
buying abroad under the 1884 Silver
Purchase Act.
Much of the demand for spot sill
yer, dealers suggested, has been due
to closing out OF short contracts by
spectators who sold in the futures
market during the uncertainty ever
United States policies in the last
session of Congress, when q coalition
of Republicans and Democrats for
while threatened the adminiStra-
tion's monetary powers.
Evening star., 1939-08-11
Studebaker July Sales
Best for Month Since 1929
Special Dispatch to The Star.

Special Dispatch to The Star.
SOUTH BEND. Ind. Aug. 11.-July
sales Of the Studebaker Corp. were
the largest for any July since 1929,
Paul G.. Hoffman. president. an
nounced today. Factory sales OF
6,423 units last month were an in
crease of S5.8 per cent over July.
1888. Factory sales for the first
seven months OF the year amounted
to 59,599 passenger cars and trucks,
compared with 23,934 in the COR
responding period last year and With
50 COS units sold in all of 1888.
Retail deliveries in the United
States in July amounted to 1915,
compared with 3137 in the same
month last year. For the first seven
months Of the year retail deliveries
Of 5000 compared with 2l955 tor
the parallel months Of 1888.
Evening star., 1939-08-11
New York Produce
EGGS, 9,1O3
NEW YORK, Aug. IL tPy..

NEW YORK, Aug. IL t4p.-Eggs, e,1O3;
frm.
Mixed colors;. Fancy to extra fancy,
- standards, Is; firsts, 1914; sec
No; 1414: average checks. 13I..
., whites: Resale of premium marks, 90
81 q. Nearby. and Midwestern, premium
marks, 26-2sia; exchange specials. %
23R: exchange standards @1-22; resale
of nearhv heavier mediums .312-2s; near
by and MidWestern exchange mediums. 2:}
Browns, Nearby, extra fancy. 23la 80;
nearby and Midwestern. exchange specials,
22l2,23i exchange standards, 2l-211a.
Nearby mediums. 90
Duck eggs: Nearby, 1920.
Butter; 60o3s6; steady. Creamery,
higher than extra, 24l2-25A; extra (9s
score), 24A; -frsts CsS-91 scoreD 22-2334
seconds (s4-s7 score). 2Oi4-21H.
Cheese, 214,073; steady. Prices un-
changed
:. Rye: spot, steady; No, 2. American. fob.
New York lin carlots), 6oA No. 2, West
ern. elf. New York. 5914
=. Barley; steady; No. 2. domestic. elf.
Lard. barely steady Middlewest. 5,s7h
Other articles stead and unchanged.
Evening star., 1939-08-11
Loans to Brokers
By Reserve Banks
| Show Decrease

The Federal Reserve Board re-
ported yesterday that last week
loans to brokers and dealers on Sc
curities held by reporting member
banks in New York City totaled
S484, 100000 the week ended yester-
day, and the total represented a
decrease of Sl7,00OO00 when conf
pared with the previous week
Loans for the corresponding week a
year ago totaled S499 100000.
Evening star., 1939-08-11
Stounton Firm Ships
200 Tons of Scrup Iron
Special Dispatch to The Star.

STAUNTON, Aug 11.-Although
there has been a marked decline in
foreign buying of scrap metal since
1897, according to the Institute of
Scrap Iron and Steel, a shipment
abroad of 1000 tons has been made
by Klotz Bros, largest dealers in
this material in this part of Vir-
ginia.
Maurice Klotz said that this ship
ment was the first his company
had made tor export since the busi-
ness was established 40 years ago.
He still has about 5000 tons of
scrap on hand.