davidaulloa/AmericanStories huggingface dataset:
Evening star., 1939-12-05
Investment Concerns
To Get Part Of Biq
Utility Issue
Wi|Ikie Sets Quote
OF $1,000, 900 for
Michigan Firms
CENTS PER
CANADIAN DOLLAR
By the Associated Press.

By the Associated Press.
Wendell L. Willkie. utility execu-
tive, disclosed during a Securities
Commission hearing today that an
underwriting contract for a pro-
posed s2s,594. 900 bond issue by Con-
sumers' Power Co. had been altered
to allot $l.O000OO for handling by
Michigan investment firms.
Willkie testified that the change
had been made last night after Otis
g. Co., Cleveland banking house,
and others had sought to intervene
in hearing on whether Consumers
Power, a jackson, Mich, utility
company, should be permitted to
sell the bonds and 1875 900 shares OF
common stock.
Protest Registered.
Otis g. Co. and the others have
protested that they were not given
a chance to bid for the privilege OF
handling the securities, pointing out
that Morgan, Stanley g. Co., and
Bonbright g. Co., large New York
houses, headed the list Of 27 under
writer's for the proposed issue and
had handled most Of the business
for Commonwealth g. Southern
Corp parent holding company OF
the half-billion utility system which
includes Consumers Power.
Willkie, head of both Consumers
Power and Commonwealth, said
that the $1,00O,000 to be allotted the
Michigan firms would be taken from
the amounts previously allotted in
the contract to Morgan, Stanley &,
co. and Bonbright & Co.
Asked why $1,000.000 of the total
had been set aside for Michigan in
vestment houses, Willkie said that
he had seen in a newspaper state
ment that Jerome Frank. s. E. c.
chairman, had expressed the view
that he favored regional distribu-
ton OF utilities securities. He added
that the 100000 was lust an
arbitrary figure"
Evening star., 1939-12-05
Montgomery Ward
Nets $18,248,48S
In Nine Months
Result Contrasts With
$11,500, ,490 in Same
Period Lost Year
BY the Associated Press.

BY the Associated Press
CHICAGO, Dec. 5.-Montgomery
Ward g. Co. reported today that net
profit for the nine months ended
October 81 was $18,248. .488. equal
after preferred dividend require
ments to 1929 a share on the COM
mon stock.
This compared with $11, 500 400, or
81 share. on the common for the
nine months ended October 81 last
year.
For the quarter ended October 81
this year net profit was 1882 $50,
equal to S1.45 a share on the COM
mon stock, and compared with S.
360, 1854. or $1.15 a common share, in
the October quarter last year.
The company reported sales for
November totaled SAT ,764, ,241, an in
crease of 1898 per cent, compared
with the total of $40 2,295 1872 in No.
vember last year. Sales for the 10
months ended November 80 totaled
$405, ,8l5 ,l08, on increase Of 1853 per
cent, compared with sales Of $780,
960.427 for the corresponding period
last year.
Evening star., 1939-12-05
Daily Oil Production
Reduced 518,234
Barrels in Week
Shorp Decline Due
Mainly to 4-Doy
Texas Shutdown
BY the Associated Press.

BY the Associated Press.
TULSA, Okla, Dec. 5.-The daily
oil production in the United States
dropped 515,234 barrels to 3,297,511
for the week ended December 2,
the Oil and Gas Journal said today.
The sharp decline was due mainly
to four-day shutdown of produc-
ton in Texas, which was of 492, 1870
to 1,060, ,439. East Texas production
decreased 196,590 to 299,O05.
Oklahoma's flow declined 3,725 to
423 500; California, 81 600 to 592 ,250;
Kansas, 1900 to 177,250, and Eastern
fields, $50 to 102,200.
Louisiana production increased
665 to 272,193; Illinois, 10 to 1872 PAS;
Michigan, 5l1 to 65,149, and the
Rocky Mountain area, $3.50 to 49,
$50.
Evening star., 1939-12-05

Profit of Royal
| Typewriter Co.
| Increases
By the Associated Press.

by the Associated Press.
NEW YORK, Dec. 5.-Royal
Typewriter Co. and domestic sub
sidiaries today reported net profit
for the quarter ended october 81 of
$506,s59.
This was equal to $l64 a share on
common stock after per cent pre-
ferred dividend requirements and
compared with $392,848, or $1.22 a
common share, In the comparable
1888 quarter. Company's domestic
plant is at Hartford, Conn.
Evening star., 1939-12-05
Washington Exchange
SALES.

Capital Traction 1st 5s-Sl,00 at 81,
$1,000 at 81. $1,000 at 81, $1,000 at
81, 1000 at 81, $1,000 at 81, $4,000
at 97
Mergenthaler Linotype-50 at l6, 40
at 16.
Washington Gas Light CONS at 20.
Mergenthaler Linotype-15 at 16.
Capital Traction lst 5s-$3,50O at 81,
$500 at 81, 1000 at 81.
Evening star., 1939-12-05
Boston Wool Market

BOSTON, Dec up u. 8. Dept Agr) -
Scattered sales were being closed on the
Boston wool market today. Coed French
originN bags. brought 81 cents to 81,
secured basis Fine delaine bright fleece
wools were sold in small lots at 30 to AZ
Of country-packed mixed three-eighths and
one-auarter blood bright fleece wool was
being offered through Boston house At
to users Interest in these offerings was
very limited. few bids having been
made at Al to AZ cents.
Evening star., 1939-12-05
Egg Futures Trading
Sets November Record
By the Axsociated Press.

oJ tne A4SOClAteo freSS.
CHICAGO. Dec. 5.-All November
records for egg futures trading were
broken on the Chicago Mercantile
Exchange last month, Lloyd S.
Tenny, business manager, said today
Transactions involved 81 1868 900
dozens, compared with 89,472,000
dozens in November last year, and a
1o-year November average of 63, ,480.-
900 dozens. The previous November
record was established in 1925, when
transfers totaled 90l08, 900 dozens.
For the first II months this year
egg futures sales totaled 1872 ,996 900
dozens. an increase of per cent
over the 461, ,760,0OO total for the
like 1888 period and a new high
for the period since 1888.
Evening star., 1939-12-05
Seiherling Rubber.

AKRON, Ohio, Dec. S R.-The
Seiberling Rubber Co. announced
today a dividend Of $1.25 per share
on class A preferred stock, payable
January 2 to holders of record De-
cember 13. A dividend Of the same
amount was paid on October 80
and, previous to that, q like pay
ment was made for the fourth quar-
ter of 1898.
Evening star., 1939-12-05
Metal Market

NEW YORK. Dec, 5 R,.-Copper steady;
electrolytic. snot. 1880: export. f.a.s. New
and nearby. 1900: forward. 50.50. Lead
steady; SPOT. New York. 5.5O-55; East St
Louis. 5.35. Zinc steady: East st. Louis
spot and forward. 500. Quicksilver, 145.OO
nominal. Pig iron. aluminium. antimony,
plotinum. Chinese wolframite and domestic
scheelite UNCHANGED.
Evening star., 1939-12-05
Pepsi-Co|a Orders
Dividend of'S15
Per Share
One Of Largest Melons
Of Yeor-End Crop
Is Announced
CENTS PER
CANAoLAN DOLLAR
BY the Associated Press.

BY the Associated Press.
NEW YORK, Dec. 5.-Directors OF
the Pepsi-Cola Co.. soft drink man.
ufacturer, today cut one of the big
gest dividend melons Of the year
end harvest. voting payment Of SIS
a share out of the company's re-
Gently expanding earnings.
The chief benefactor was Loft
Inc, manufacturer and distributor
of confections and foods, operating
retail outlets in the New York
metropolitan area, Rhode Island,
New Jersey. Massachusetts, Pennsyl-
vania and Baltimore.
Loft controls the soft drink unit.
holding around 785 per cent Of the
outstanding shares.
The total payment. due next Fri
day to holders Of record Thursday,
approximated s3,900,O00
The previous disbursement was
50 in 1886.
In addition Pepsi-Cola directors
voted a Christmas bonus for en-
ployes amounting to two weeks ex-
ira salary for those employed one
year or more and a weeks added
pay for those employed less than a
year
J. c. Penney Co.
Directors of the j. c. Penney Co.,
operating a Nationwide chain of
apparel stores, declared an extra
dividend Of 81 share. supplement-
ing a quarterly payment of IS cents
on the common. Both are payable
December 20 to holders of record
December 8. The previous payment
was IS cents in September. The
latest disbursements brought divi.
dends for 1899 to IS, compared with
s4.25 last year.
Federal Mining.
Federal Mining e. Smelling Co.,
operating silver, lead and zinc prop
critics in Idaho, Oklahoma, Kansas
and Missouri, announced a dividend
OF $3.50 a share on the new COM
mon stock resulting from the split
up OF the stock on a basis of five
shares for one. The dividend is
payable December 20 to holders of
record December Is.
On the old common the previous
payment was $5 a share in Decem-
Der, 1887.
Mack Trucks, Inc.
Mack Trucks, Inc, directors or
dered a year-end dividend of so
cents share, payable December %
to stock Of record December IS.
Previous payment was rs cents in
March last year.
North American Rayon.
Directors of North American Ray
on Corp. declared a dividend of 50
on the class "A" and b" common
stock, payable December 20 to hold
ers OF record December II. This
will jump 1889 payments to $3.50 a
share from rs cents last year. Com
pany's plants are at Elizabethton,
Tenn.
Ingersoll-Rand.
A dividend of 81 a share on COM
mon stock was authorized by In
gersoll-Rand Co. directors, payable
December 26 to holders of record
December Is. Total payments for
the year will now amount to $6,
against $3.50 in 1888. Company
makes industrial machinery at fac
tories in New York, New Jersey and
Pennsylvania.
Evening star., 1939-12-05
Ia. 7. & 7. Phones
Increase $1,000
In November
Ey the Associated Press.

Ey tn6 AS6Oclated PfeBS.
NEW YORK, Dec. 5.-The Amer
lean Telephone e. Telegraph Co. an
nounced today an increase Of 81 900
telephones in service in November.
compared with a gain Of $4,000 in
October and an increase of 60,300 in
November, 1898.
In the first II months the net in
crease in telephones in service in
the Bell System totaled SOS, 800,
compared with a gain of 1863 800 in
the comparable period year ago.
Evening star., 1939-12-05
Grace EpiscopuI Buzuor

A turkey dinner and bazaar will
be held in the Parish Hall of Grace
Episcopal Church, Ninth and D
streets S.W., tomorrow from 4::3O
until 7 pm. The Rev. Meade Bolton
MacBryde is chairman Of the COM
mittee in charge.
Evening star., 1939-12-05
0dd-Lot Dealings
BY the Associated Press

The Securities Commission reported to-
day these transactions by customers with
New York Stock. Exchange for December
A. 2,940 purchases. involving 1897
shares; 2.S11 sales involving 69.145
shares including 43 short sales, involv-
ing 1.277 shares.
Evening star., 1939-12-05

Quotations furnished by National Asso-
states they DO not necessarily reflect actual
transactions or arm bids or offers but
unless otherwise indicated are as quoted
BY the sponsors or issuers
'Asterisk indicates, Mot quoted BY spon-
sors or isuer."
Evening star., 1939-12-05

Also extra or extras.
Quotations furnished by National Asso-
citation of Securities Dealers, Inc. which
states they do not necessarily reflect actual
transactions or firm bids or offers. but
should indicate approximate prices.
Evening star., 1939-12-05
Freight Loodinqs
Previous Year

NEW YORK Dec. 5 LP,.-Revenue
freight caTloading on railroads reporting
today, for the week ended December 2,
included
Evening star., 1939-12-05

June s1 dyid'pSs 1859 tplu: :zr' extra Hss
extra. 6 S14.o0 extra paid December 20.
1888. X c0c extra. N 81 80 extra. pb0c
paid September 20. 1888. 81 90 paid In
1888. yS5.00 extra.
Evening star., 1939-12-05
Rubber Futures

NEW YORK. Dec. 5 l4':-Crude rubber
"a, 90; March, 1870; May. 1915.
Evening star., 1939-12-05
U. S. Treasury Notes
Approx
Asked. Yield

NEW YORK. Dec. 8 dP.-Prices quoted
in dollars and thirty-seconds:
Evening star., 1939-12-05
BONDS
PUBLIC UTILITY.

NJ MlSCEIIANEOUS.
Chevy Chase Club 1st 4As 1O3
Col Country Club 1st 4As 103 ---
Ter Ref g. VIII Corp 1st 4l4s 100 ----
Evening star., 1939-12-05
Insurance Stocks

NEW YORK. Dec. R.-National
Association Securities Dealers, Inc:
Evening star., 1939-12-05
Investing Companies

NEW YORK. Dec. 5 UP.-National As
ISOLATION Security Dealers. Inc:
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-02-13
TdcOman Injured
When Hit by Car

Albert Olson. 50. Of 5647 So
Pine st. was in Pierce county hos
pital Saturday for treatment Of
injuries received at IL p. m. FIJI
day when he walked into the side
of a truck al saith and South Ia
coma way.
Olson sustained numerous lacer-
atoms. bruises. shock and frac-
fured ankle. according 10 hospital
attendants
The florist truck which injured
him was driven BY Wilfred Brown
p. Of ABA South Tacoma wag
Brown told police he stopped for
traffic light and Was procesi-
ing slowly in second gear when ne
noticed the pedestrian In front Of
him. He said no sgefyed the
truck. but Olson walked into the
side Of IL and was Knocked down.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-02-13

OLyMr'iA--Rep. Wyiie w.
Brown. d.. Spokane. intro
dueed q bill today setting up
a milk control board. rexulst-
ing thu sale. production and
distribution u milk In tho
state.
Ths act declared thai unfair.
destructive. aenofaIisin4 and IN.
seoDemie trade practices vsfs be-
ina carried an Ia the dairy Industry
aud that . eoHtfoI hn~rd Nss
nssssAsry 10 aorfsef shss< evils
The basrd wm,iJ BE- composed
~ three members sppsiatsd ~ the
governor. oas member would ~
q milh desisF, vns producer and
The third . pefsos sbo has No
financial interest In tbs industry.
ifhs hoard ~ossid he nan ssatsfisd
except Nhiis In session.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-02-13
COOPERATION
ASKED BY CAIN

Tacoma Real Estate board,
holding it's annual banquet Mt
Hotel Winthrop Friday eve
ming. was urged To Join other
host organizations in making
the states Golden Jubilee pro-
gram in Tacoma, July 90 10 %,
"a celebration the like Of which
has never before been seen in
Washington"
The speaker was Harry = Cain.
chairman of the Washington state
committee FOR this event He
pointed out the slogan Of the
Junior Chamber of Commerce.
Invite a Million
Nearly 300 realtors. their wives
and friends. attended the annual
gathering over which Charles y.
Mason. veteran realty man. pre-
sided as POSTMASTER
Speakers included Hugh Russell,
and Lon f0fbnsh. eSecu'
tive secretary, Of the Seattle realty
board Russell bespoke Seattie's
interest In Tscoms's development
and emphasized his own organiza-
tons cooperation IN promoting at
Olympia legislation sought by Ia
coms for tideflats planning under
of the port eDmmission
Another speaker sss Fred
Smith. Pierce county sssessor
Musical entertainment included
violin and accordion selections by
the Derby brothers
Cain. describing the Tacoma fca-
ture Of the Washington jubilee
ssid the parade you'd
present floats representative IT
each Of the states % eounties and
q pageant costing ~ 800 - plan
ned for thr stadium
Cards and seal viii sDon be
distributed he said. for uke In
pubilcizing the Tacoma ceisbrs'
tiou.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-02-13

IOekbeed Aircraft company
built the ship ia secret tor
the srmy al H. plant in Bur
bank, Cal 4 month ago the
plane was secretly removed TO
the army air base at March
field 100 miles EAST of here
for a serie. Of tests that
brought jubiIation 10 air force
heads.
With Lieut.. Ben Kelsey,
crack army pilot ~ The con-
trolls. the twin-engined bullet
has been hurting through the
skies at speeds around ga
miles minute
II vas estimated the new
plane II nearly 100 miles an
hour faster than most II the
present singls-engined pursuit
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-02-13

Los ANGELES a reyOlu-
tiOnsry new singles ter,
tg'in-engined fighting mono
plane. possibly the fastest in
the world. vas announced to-
day as a surprise development
Of the u. S. air force.
Mai. Gen. II. H. Arnold.
chief Of the army air corps.
admitted the plane had made
nearly 400 miles an hour in
tests. He said Il probably
exceeded IN performance any
military plane In the world.
and then added carefully that
the new fighter "Opens up
horizons Of performance prob
ably unsttsins bic BY nations
banking solely on the single
engine arrangement
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-02-13
BOY C0ASTINC ON
SLED MAY LOSE EYE

Facing lhs pozslhls bnss II one
eye. zeven-yssf old AIex Nance
OF 1905 Va ssth .; MAS being
treated At the Bridge clinic Sat
sfdsy after a c0@stiDz accident
Friday evening.
The boy vas eosstlnx On hill
side az Es. ssth and l. u. lie kASt
control Of his slsd. pisymatss said.
and ran into a elYmp 81 bushes.
A silver VI wood pierced mis- right
eye. Police removed the injured
lad 10 the clinic for treatment.
An s0-year-old widow. drs
Mary csssins,. was slao severely
injured Friday afternoon M a re-
salt Of the snowfall Mrs, csssinat
slipped on sidewalk near her
home at 5lf Ia. 9th At and tell
down. breaking her nip. she ~as
taken 10 81 Joseph's hospital.
BANK TRANSACTIONS
Nj
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-02-13
New Twin Engined Army Plane Fastest Ship In World

ships IN use by armies II for
eign cOuntriea II u much
faster than pursdters the y.
y. army Ia nOw flying
n j. one Of the few ships
that can overhaul ana ny cir
Giles around the armyH Fly
ing fOrtreases. the B<eing
BON befE rated At zT5 20 100
miles an hour The present
speed record Of 800 miles an
hour was set by an Italian rae
ing hydropiane. lighter than
land planes
Army engineers became con
WINGED several years ago. II
pas explained, that pursuit
planes were reaching the limits
~ ih.lr single engines, white
the muiti-m0tored bombers
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-02-13

The ninesday ceremonies will
begin tomorrow The first ~ sin
funeral services x1ll be held ~
NJ Peters and ths final three in
the sistine chapel,
The pope's fisbermsn's fins. tas-
ilfying 10 his authority. ~as
broken al ihis mornings mesilnz
~ the congregation ~ cardinals
a new uss viii be mads fof his
suscsssor
This morning, Italian cardinals
kn.lt In prayer f"f The pope ~
The chapel and then presented ths
condolences 10 King visitor
Emmanuel ana msnhsrs Of me
royal family 10 Cardinal faeslI,.
arting head ~ the church pending
the election ~ . Hs. pope.
Then tbs more than 10 cardinals,
~ Italy and other countries. Who
had come hsts Ia arlsbrats today
The 10Th anniversary of tina istsfsn
treaty with Italy which restored
ths popss 10 sovereignty, and tns
mors than 700 bishops ~ the
Italian church who had come With
them, held maas IN honor ~ the
pope In The sistins and Pauline
chspeis.
ssxi. fhs cardinals ssssmbled
for the frat ~ their daily meetings
pending The world agnelass ~
CARDINALS 10 eject nsw pope. sshieh
viii he Inc 2s2d ln the 10 ssntsisisA
~ the church
Cardinal csnnsfo Granite riaas-
TEN ~ Eslnsonts. s7sysar.old dean
~ the Sacred College ~ Cardinals.
presided
II vas announced officially that
the cardinals had decided the con-
oiAss would open - spoa ss "aii
cardinals Who hays given n.tlfies.
ti0B that they are coming 10
Rome have arrived
II Nas slgnlfird that tbs eat-
dsnAls Woasid NOT ssif Until az
pifati0n ~ the maximum is.sixf
period after the popes death bat
would expedite matters u 81 the
cardinals arrived befors n days.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-02-13

went os "a higher speeds.
They decided tvis-sngis@d
tighter wss the logical step.
Ths ass Ioekbssd j. ihs sn-
stssf.
One motor ~ mounted On
the leading edge Of each wing.
The engines are the Allison
cylinder eln-ilDs typf. permit
ting better streamiinlng than
Nitb stuoDy radiai motors.
Other new features Include
a super high hft device for
quick climbing. sub-stfato-
sphere flying equipment. and
tricycle. landing gear.
several machine guns are
mounted on the ship. but
where and hOw many. vas not
revealed.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-02-13

ing tenderness at these two sym
bols OF his country.
These three things Capitol.
monument and memorial
somehow sum up the best that
Washington means.
The best place to go to see them
is the open space in front of the
Lincoln Memorial. To the east the
monument: a tall. unadorned shaft
which is a constant reminder of
the man and the spirit that
brought the country 10 birth. Be-
yond II the Capitol. All you can
CONTINUED on Page 3. Column u
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-02-13

Five candidates hsvs Mad for
positions IN tse Tacoma park
board.
-Four NJ thsm fiied or saturday.
The desdiinss rhe NTH, ~. X.
Norton filed oa rhsfsdsy
Tns othsrs are. X. q Douglass.
mailer. 5aje ~. t3fh IT., n n.
Williams. nufs~rymsa eo0i rsss-
fie ave: FRED y LaSnb~rt. snss.
snes man. 1901 ~. stb o.. and
William . Parker. zs<s< Mn Alder
~
toseph ~iikins. tsiepbons COM
paay smpioye. s<0z No. Puget
Sound ave. filed on Saturday tor
one ~ the two vacant posts ~, the
sbeei hosfd. The office 1as not
closing until . O'Clock.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-02-13
Train Crash in
Spain Kills 81

btHsOs. spain ThIrty-one
persons were killed and nearly i00
injured today IN q train wreck 81
s3ftis, suturs ~ Bareslons.
me train. crowded sltb wofGs
sra. gss en- route fran Tsrrxss -
Barcelona
The brakes of the train failed
when Il approached stationary
rail- truck near sarfia. travel.
ing - milss an hour. Then u
crashed IDto another train which
left Taffssa 20 minutes earlier.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-02-13
SOLONS BEHIND
WITH CALENDAR.

OLYMPIA Legislators held
their first Saturday meetings Of
the 26th session today TO clear
heavy calendars Of minor bills and
open the way for passage Of more
serious legislation now piling up
in committees.
The end OF the fifth week Of
the session found both houses
In about the same spot n
week ago, with Gov. Martins
social security legislation
begged down In the house.
Taxation and appropriations
still were Enacted upon by
either house.
The senate revenue and taxation
committee has almost completed
action on q bill OF amendments 10
the sales tax Law and when II
comes to the floor OF the senate an
amendment 10 strike food eNemp-
tions IA expected TO be made by
the administration Majority.
The governor said he favored
removal Of the exemptions 10 bring
in about 1920 900 new revenue
annually. The committee Il sit
ting tight on any other bills TO
provide more revenue. although IL
had before II At least dozen Diff
ferent kinds Of taxes II could sp.
prove 10 raise more tax money.
The stalemate which has be-
claimed the governors stop
gap" legislation In the house
NAV be broken hy bringing
out compounds bills doing
away With their sections som-
peIling RELATIVES Ia aid n.ed,
Kin.
An active battle has gone on IN
the house unemplOyme relief
committee over whether the legis.
lature mas 10 enact such provisions
TO prevent loss 81 federal match
ing money for pensions
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-02-13

untl the funeral services sre
completed, Catholics from every
walk of life will be- permitted Ia
file past the catafsique and pay
their last respects Ia the Pope
of Peace" who WA universally
revered
The ceremony. which lasted al.
most full hoilr. ranked with the
most gorgeous and frsplendent pre-.
sided over ny the pontiff during his
i7.year reign.