davidaulloa/AmericanStories huggingface dataset:
Evening star., 1939-07-18
CHICAGO Livestock

CHICAGO July is Up UNITED States
Department of Agriculture .-Salable hogs
10000; $500 direct; very slow. mostly
1n-l5 lower than Monday, average; early
sales, good and choice lS0-24O pounds
ESQ., 90. practical top. 7.05: top load
.T1p; bulk. 24O-21o pounds. 6.30-S5: li2ht
sows mostly $3.50; bulk. 330-440 pounds.
44n-5.l5.
Salable cattle. 1900 salable calves.
500: following very liberal receipts Mon
gay beef TONNAGE small; moderate supply
held over Monday not being shown: gen.
eral streer and yearling market strong to
Il higher; most fat cattle selling at 500
"pound averages: best Ions yearlinR, 9.s5;
light yearling, steers, 9;75; heifers.. $50;
cows slow; steady; bulls strong at 1.25
down: vealers strong to 25 higher at
b. Q. 90; few, 1925: lieht-weight South,
west bred stock calves. 9.50-lG.s5 good
10 choice yearling stockers. s.00-a25;
common and medium grades. ,.6.50-1.50.
Salable sheep 1000: 1000 direct very
SLOW few sales native spring lambs about
eeadH; bulk all classes still unsold; few
selected lots native spring lambs to small
EilIers TO- as yet no action on yearlines;
Iew native slaughter ewes. 2.25-3.25; choice
scarce held higher
Evening star., 1939-07-18
Customer Protection
Major Concern Of
Exchange Study.
Martin Asks Board
To Turn in Report
By September
By the Associated Press,


NEW YORK, July 18.-William
McC. Martin. jr.. president of the
New York Stock Exchange, yesterday
sent letters to members of the or.
ganization's newly appointed pub
lie examining board urging them
to confire their studies to those as
poets of our business which spe-
cifically relate to customer protec-
tion," and turn in a report by Sep
tember l. if possible.
The board was appointed to weigh
feasibility Of creation of a "brok-
erage bank" or some equally ade-
quate substitute to serve as central
depository for securities, as sug-
gested by s. E. c. Chairman Jerome
N. Frank. Previously Martin had
told examining board members he
was imposing no limits on the scope
OF their studies which led some
governors of the exchange to con-
clude the committee would study
other stock exchange problems, in
cluding the recent low volume of
business.
Members of the board are w. Ram
dolph Burgess, vice chairman of Ma.
tional City Bank of New York: earle
c. Conway, chairman of Continental
Can Co.; Walter j. Cummings. chair
man Of Continental Illinois National
Bank q Trust Co., and Roswell Ma
gill. former undersecretary of the
Treasury.
Evening star., 1939-07-18
B. & 0. Loodines Goin
Sharply During Week
Special Dispatch to The Star.


NEW YORK, July l8.-Baltimore
g. Ohio carloadings for the week
ended July Is totaled 47,779, COM
prising 3o,7a6 cars loaded on line
and 1898 from connections.
This was an increase of 1850 cars
loaded over the corresponding week
of last year, when the total was
40,119, including 25OO9 loaded on
line and 15,111 received from con-
nections.
This was the highest since the
week ended October 30, 1887. when
the total loaded and received was
4S.937.
This was also an increase of 1904
over last week (the week ended July
g., when the total loads were 37,765,
consisting of 24,093 cars loaded on
line and 1852 received from con-
nections.
Evening star., 1939-07-18
Reliable Stores Sales
And Profits Climb
Special Dispatch to The Star.

Special Dispatch to The Star
NEW YORK, July 18-Consoli-
dated net sales Of Reliable Stores
Corp. and subsidiary companies for
the quarter and for the 12-month
period ending June 30, 1899, and
June 80, 1898, are as follows:
1889 1888.
Three months
30 -----s22 22l 1874 SI.s44,041 20
Twelve
months ended
June DO so64 1664s sIl1.S4617
Consolidated net profit of Reliable
Stores Corp. and subsidiary COM
panies exclusive of the company's s
share of the earnings of Frank
CorpD after making provision for
Federal normal income taxes and
after estimated provision for bad
debt and repossession losses for
1899, but before dividends on pre-
ferred stock, is as follows:
1889. 1898.
June 30 n----S1l3,5 11.a1 S26,s541
Twelve m n h
ended June 30 1714310s s03sl.22
Evening star., 1939-07-18
Choco Pacific Wins
Fight for Property
InCoIombia
Supreme Court Rules
Order Voiding Titles
Is Illegal
b the Associated Press.

b the Associated Press.
BOGOTA. Colombia. July 18.-The
Choco Pacific Mining Co. today had
uncontested title to its big platinum
and gold mining properties in West
ern Colombia AS the result of Su-
preme Court decision which set aside
a 1887 government order nullifying
the company's land titles.
The Supreme Court decision re-
affirmed private property rights and
stated that government ministries
could not set aside titles to mining
properties.
The Choco Pacific Co. said to be
at least partly financed by the cap
itaI of United States citizens, mines
a river bed to which it obtained title
in 1899,
In 1887 the ministry of industries
IN the government of former Presi-
dent Alfonso Lopez granted con-
cessions to another concern in the
area to which the Choco Pacific Co.
held title. The company protested
and the ministry ordered work halt
ed. The order asserted that gov
ernment departments could, by
administrative action, declare such
land titles void.
The company appealed to the
courts, alleging the executive branch
Of the government could not nullify
private property rights.
The Supreme Court upheld the
company's contention and declared
that no one could be deprived of
property rights in Colombia without
prior court action. 1t declared the
governments action in setting aside
title to the river bed illegal.
Observers expressed the opinion
the court decision would benefit the
mining industry in the nation and
would allay previous worries by for
eign interests here.
Evening star., 1939-07-18
Bank Loans Advance.
$15,o00,000 Morein
Latest Period
Three Weeks Increase
Now Amounts to
81 Millions
BY the Associated Press.

6y tne ASsOClAteo PrebS
The Federal Reserve Board said
yesterday commercial, industrial and
agricultural loans Of reporting banks
had recovered all losses Of the past
year.
Banks In 1Ol leading cities re-
ported the third straight weekly
rise in these loans to $3,887 900 600
the highest total in a year during
which the loan aggregate has varied
generally downward.
However, loans in this group of
banks jumped $4,000, 900 in the
three weeks ended July Il. OF the
increase. $15,OO00oO was accounted
for in the last week.
Economists of the reserve sys-
tenn said that although the indus
tial pace gained rapidly last fall,
the better business was utilized by
most businessmen to pay OF indebt-
edneSs rather than to incur new
obligations.
In the last week, the best gains
were made in New York City and in
the Federal Reserve district around
Kansas City, Mo. Each of these
areas has $4,000y0O0 gain.
The boards statement gave the
following summary of assets and H.
abilities on July II, together with
changes for the week and with the
same week last year, in millions
Of dollars:
Evening star., 1939-07-18
Dollar Moves Lower
In London Trudino
BY the Associated Press.

By the Associated Press
LONDON, July 18.-The United
States dollar lost 4 of a cent in
terms of sterling today, closing
468 716 to the pound and compared
with New York's overnight sterling
rate of $4.6814.
French francs held at l76.72 to the
pound.
PARIS, July Is (P)-The United
States dollar closed 377325 francs
1850 cents to the frame in foreign
exchange trading today. compared
with similar rate for the franc in
New York overnight. Exchange on
London, l76.72.
In the Bourse, per cent rentes
were 1896 francs; 4lzs "A" S4.S5:
| Alas, 1887, 1876.
Evening star., 1939-07-18
Southern Bell Issue
Planned Without
Competitive Bids
Decision Is Announced
Despite Protests Of
State Commissions
By the AIkociated Prssx

By the Associated Press.
NEW YORK, July 18.-southern
Bell Telephone & Telegraph Co. has
decided to issue S25,0O0,0 900 in
deoentures through an investment
banking house without competitive
bidding despite protests by various
minority stockholders and objections
by several State Public Utility Com
missions.
Omcials said today the data on
the debenture issue would be fled
at once with the Securities e. Ex-
change Commission, following a
decision by the directors of Southern
Bell.
The banking house to which the
issue was assigned is Morgan
Stanley & Co. Details were ar
ranged in the ofIices of American
Telephone g. Telegraph Co.. parent
organization of Southern Bell
Utility commissions in Louisiana
tennessee and Kentucky last week
objected to the Bell Systems prac.
tlce OF financing through negotia-
lions with private banking firms
rather than through Offering issues
to competitive bidding. Similar pro-
tests were lodged by minority stock
holders headed by w. Scott Hall of
Kentucky
j. E. Warren. president of South
ern Bell, said S22 $50 900 of 40-year
3 per cent debentures would be sold
at 106 to an underwriting group of
Al investment banking firms headed
by Morgan Stanley & Co., and that
the underwriting agreement pro-
vided that the price to the public
would be l0712.
He said the remaining $2750, 900
OF debentures would be sold at l06
to the Bankers Trust Co., the trus-
tee OF the pension funds established
by certain companies associated
with Southern Bell.
Evening star., 1939-07-18
Chicago Produce

CHICAGO. July Is ,P.-Poultry, live. I
car; AZ trucks; steady; Leghorn broilers.
springs. Plymouth Rock, lsi2: White Rock.
10: White, Rock fryers. l7l2; other prices
unchanged.
Butter. 1.141 137, firm: prices un-
changed. Eggs, l2.263 steady: prices un-
changed.
Potatoes. so; on track. 439; total U. q.
shipments, POI: Missouri and Kansas Cob
bier slightly stronger; Western Triumphs
best, slightly stronger, steady on fair con-
dition stock: California long whites best
supplies liberal. demand slow sacked per
cwt. Missouri CobblerS; So to go per cent
u s. No l. spotted sacks 95-1 90; Idaho
Triumphs. U. s. No. l. under ice, generally
good condition. LIS: fair condition, decay
under ice. good condition. IS; California,
long whites; q S No /, under initial ice
generally, fair condition. 215-20 q s.
dition, .. 90
Evening star., 1939-07-18
Plea Against R. -K.-0.
Plan Rejected by
Appellate Court
U. 5. Circuit Decision
UphoIds Approval
Of Reorganization
By the Associated fress.

BY the Associated PreSs.
NEY YORK, July 18-The United
States Circuit Court Of Appeals to-
day affirmed the decision of Federal
Judge William Bondy in confirming
the amended plan for reorganlza-
ton of Radio-Keith- -Orpheum Corp,
as sponsored by Atlas Corp, invest
ing company.
Minority groups, certain debenture
holders and several general creditors
had appealed from Judge Bondy's
confirmation of the plan submitted
by Atlas last year.
The three judges Of the Circuit
Court concurred in Judge Bondys S
ruling, saying in part
The District Court was not called
on TO say the plan was the best or
talrest that could be drafted. The
problems confronting the parties
were not easy of solution.
The demands were satisfied in a
way that met the requisite majority
OF each group. The plan did not
break the priority of the debentures
over unsecured creators and stock
holders
Under these circumstances we
cannot say that the rights of the
debenture holders were sacrificed
in the interest of junior parties"
R-K-O Corp. has been in receiv-
ership since January, 1888. A plan
OF reorganization was approved the
following year. In the next four
years the fixed Indebtedness vas
reduced by nearly $500 600, while
cash increased by $1,000 900. Last
year the Atlas Corp, with large
holdings of the stock, asked for and
received approval of a new plan for
reorganization of the big amuse-
ment and theater company. The
appeal and todays decision fol-
lowed.
Evening star., 1939-07-18
Foreign Markets

LONDON; July is lP,.-Tne stock mar
ket responded TO the sharp Monday rally
IN wall Street and rumors of an impend-
1nE pesSeiul s @ settlement of the Danzis af-
Atlantics Slanted higher and British funds
snoed on top after early weakness. Most
N Gemsnd in much more active indus
trial group were motor, aircraft and textile
Issues Kaffirs improved and base metals
followed coppers forward. Rubbers held
fym. '''N
PARIS -Bourse prices moved upward to-
day, although the market resisted the
wider swing at New York. Initial gains
were ma lntained on increased volume
which subsequently tapered of. Rentes
snded % to rs centimes UP and Bank Of
Paris ADDED 26 franes. Selected foreign
Issues were comparatively strong
Evening star., 1939-07-18
Newspaper Advertising
Continues 10 Gain
Special Dispatch to The Star.


CHICAGO, July l8.-Although the
volume of newspaper advertising
placed by retailers in 70 major
American cities during the week
ended July 8 was up only frac-
tlonally over the corresponding week
OF 1898, total Image for the year to
date continued to show a small
increase over last year, Advertising
Age, national advertising newspa per
reported today.
Reporting newspapers carried a
total Of l3l54955 lines for the week
gain of OF per, cent over the
1908 800 lines carried in the same
period last year.
For the entire year to date, re-
tailers have placed 498, ,687 1856 lines
in these newspapers, almost 1900. 900
lines more than last year, for a gain
of is per cent.
Evening star., 1939-07-18
Boston Wool Market

BOSTON. July ls Up Omitted States De-
partment of Agriculture) The wool mar
ket was quite active in Boston today and
ing three-eighths and one-auarter blood
bright fleece woods were bringing 30 to
33 cents. in the grease. Similar woods
in country packed Grade lots were bringing
mostly 81 to 81 cents, in the grease de-
livered East to users. few lots brought
32I, cents Good French combing lengths
ine territory woods. IN original bags. were
bringing 81 to 6S cents. secured basis.
Evening star., 1939-07-18
Cast Iron EnumeIed
Ware Standard Set
BY the Associated Press.

Ey the Associated Press.
The National Bureau of Standards
has prepared for interested busi-
nessmen new commercial standard
for cast iron enameled ware, de-
signed to improve the general serv-
iceability, quality and acceptance Of
this ware
Evening star., 1939-07-18
200 Tons of Lead Sold

NEW YORK, July 18 (P.-St
Joseph Lead Co. reported Is tons OF
Southeast Missouri pig lead sold
yesterday at S4.70 per 100 pounds
East ST Louis, 100 tons at $3.50
New York, and rs tons at the New
York average.
Evening star., 1939-07-18
Dry Goods Market

NEW YORK. July 1S dP.-Several of
the more popular cotton print cloths were
in fair demand from converters in Worth
Street today Prices were steady and
business al a moderate rate
Rayon dealers reported good demand for
filament yarns at frming prices Woolen
Goods activity continued brisk Silk fabric
trade cont inued quiet. with only neces-
sitous buying reported. Burlap trading
was small at nominally UNCHANGED prices.
Evening star., 1939-07-18
FairchiId Aviation Corp.
Increases Dividend
By the Associated Press

By the Associated Press
NEW YORK, July 18-Directors
of Fairchild Aviation Corp today
declared dividend of 20 cents a
share on common stock. payable Au-
gust 10 to holders of record July 81.
Six months and year ago pay
ments of IS cents each were made.
Evening star., 1939-07-18
New York Cotton
BY the Associated Press.

NEW YORK, July 1s.-Cotton
prices were on the down grade
throughout the session in fairly active
trading. Values in last hour were
40 to so cents bale below yester-
days closing.
Liquidation and foreign selling re-
dected favorable crop and weather
accounts. Hedge placements were
more numerous. October at 864 was
of and December, 646, was
down 10.
Evening star., 1939-07-18
Metal Market

steady; electroytic, spot 1925; EXPORT.
1926. Tin steady: spot and nearby,
$3.50; forward 4s.40. Lead steady; spot,
New York. 4.S5-eO: East ST. Louis 40
Zinc steady; East st. Louis spot and for
ward. 4.50 Quicksilver. 9O0O-q3 90 Pig
IRON. aluminium. antimony platinum and
Chinese wolframite unchanged
Evening star., 1939-07-18
New York Sugar

NEW YORK, July lS P,.-Pressure to
sell raw sugar relaxed today. With heds-
ing lighter. scattered demand held do
mestic futures UNCHANGED 20 point
higher September recovered a 1-point
loss at 1913 and January was unchanged
at ~
World futures remained quiet and un-
changed to Ia lower with September at
% and May at ISi2
Raw sugar offerings were held at 30
Spot Cubas duty paid were quoted nomi-
nally at 2.S5. although not offered at that
level. Refned was UNCHANGED at 1910
Futures No. 3 closed UNCHANGED to l
hieher SaleS. .150 tons
Evening star., 1939-07-18
Reichsbank Statement

BERLIN. July Is lP,.-The Reichsbank
statement as OF july Is Gin thousands Of
reichsmarks)'
Notes in Circulation. s. 334 300: decrease
1850 Gold $500; increase. 300
500: increase 262 200 Advances. &c. 600;
decrease, 25.300. Reserve ratio. O.92 per
cent. Rate of discount Der cent.
Evening star., 1939-07-18
Warehouse Occupancy
Up Slightly in May

The Census Bureau says 70.6 per
cent of the available public mer-
chandise warehousing space in the
Nation was occupied during May,
compared with 702 per cent in April.
Evening star., 1939-07-18
Niagara Share
Reports; Drop
I'm Assets
By the Associated Press.

NEW YORK, July 18.-Niagara
Share Corp. OF Maryland, an in
vesting company, reported today
assets as of June 80 of S30.671 .989,
equal to $l006 a class B common
share, compared with S31 sos ,935, or
$l0.32 share, on March 81.
Evening star., 1939-07-18
RuiIwoy Incomes

NEW YORK. July "a ,P.-Flrst reports
OF major railroads showing net operating
income in June were released today
The results including the 1898 COM
parison, follow before fixed income and
other charges:
Kansas City Southern S3c3.0I1 1854 6a3
Southern Pacific 3.S5a1S3 l436212
Union Pacific 43S3SS SlSO2O
Evening star., 1939-07-18

ssuUIdllOllt Dy investment
Bankers Conference. Inc, which states
they do not necessarily reflect actual trans
actions or firm bids or offers but should
otherwise indicated. are as quoted by the
sponsors or iSsuers
"Asterisk indicates mot quoted by spon-
eorS or isSuerS."
Evening star., 1939-07-18
Washington Exchange
SALES.

Washington Railway & Electric As
$1,000 at lO9.
Mergenthaler Linotype-l0 at 1875
Evening star., 1939-07-18

Germany's largest auto concern Il
operating at capacity.
Evening star., 1939-07-18
Federal Lund Banks

NEW YORK. July Is lP.-Federal Land
Do
Evening star., 1939-07-18

COttOnseed Oil.
Bleachable cottonseed oil futures closed
1915 higher. Sales, lis contracts. Sep
tember, 5.41b; October 604b. December,
6.l7: January. 6.21b. b Bid.
Evening star., 1939-07-18
Investing Companies

NEW YORK. July Is LP,.-Investmen
Bankers Conference, Inc:
ICloSlnR nlIntdtinnS
Evening star., 1939-07-18
U. S. Treasury Notes

NEW YORK. July IL LP,-Prices quoted
IN dollars and thirty-seconds:
Evening star., 1939-07-18
MISCELLANEOUS

Chevy Chase Club 1st 4l4s l04
FER FER kef f4as'v & WI StS9 eorD - ist It's 1854
Evening star., 1939-07-18
BONDS

PUBLIC UTILITY
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-05-17
POLICE DEPARTMENT
BOOKLET PUBLISHED

Don't take time to hunt for
the policeman on the beat Call
one"
This is just one Of the bits of
advice on how to use Tacoma's
police department contained in a
small-dimension SPACE pamphlet
just issued by Safety Commits
sioner Eastwood The booklet will
be distributed with light and water
statements.
On the cover Eastwood advises
hanging the pamphlet near your
telephone. Most of the text con-
Germs the police radio patrol
what it is, how 1t works. how
you can help in cooperative
community effort to fight crime,
protect life, protect property
On another page. Eastwood and
his chief. Einsr Langseth, show
what they hope TO accomplish
~ Increase the protection of
property and saving Of life; ca
speed up police arrival at the
scene of the disturbance, thus
either preventing a crime or ap-
pretending the offender or Offend
ers; 90 recover stolen property
more quickly: "a cut down the
time spent in courts and cut down
costs; t5) justify the cost of op-
GRAFTON by all the above services
efficiently rendered"
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-05-17
PLEADS GUILTY
TO COAT Theft
Man Returned From
Iowa Is Given
Is Years.

For stealing a weasel fur coat,
valued at $500. Thomas Averill,
80. was sentenced to serve a maxi
mum term of Is years at Walla
Walla state penitentiary Tuesday
by Superior Court Judge Robert
E Evans.
Averill was returned to Tacoma
Monday from Sioux City. Iowa,
where he was arrested recently.
His confession to Capt. Of Detec-
lives Cliff Osborne followed Tues
day morning and he was taken di-
rectly to superior court. where he
pleaded guilty to grand larceny
charges.
Averill. who was returned to
Tacoma by Detective Ralph Hub
bard, allegedly admitted he took
the fur coat and other articles
from car belonging to Mr.. and
Mrs. j. H. Willett of Salem, Ore.
which was parked near So. 18th
and Market SITS, while the couple
was attending a dog show last
Dec. u.
Averill said he shipped the coat
and his personal effects to a sister
in Des Moines, Ia, last Jan. Z and
then started east via the highway.
When he arrived in Iowa. he at
tempted to sell the fur coat, but
was not successful. He was picked
up by police in Sioux City for
questioning and the officers found
the coat in his possession.
Mr.. and Mrs. Willett reported
theft of an auto robe, a flash light
and leather travelling bag from
their parked machine.
Their Spaniel, William Two
Tone Tony had been judged best
dog in the show.
Averill said he had been on a
"six-months drunk" and did not
remember what other articles he
had taken from the car or where
he had disposed Of them. He said
he was separated from his wife
and two children that he last saw
them in Puyallup in June.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-05-17
Kage-Hour Boss
Aids Lumberinp

WASHINGTON - Wage hour
Administrator Elmer r. Andrews
has granted to certain branches
Of the lumber industry limited ex-
emption from the maximum hour
provisions Of the fair labor stand
ards act.
He said he had decided that the
sap peeling Of pulpwood, wherever
conducted. including saving and
piling, II performed during the sap
peelinR season was a seasonal
industry" within the meaning of
the act.
The exemption permits employ
crs to work employees up to IL
hours per day or Sc hours per
week for II weeks per year with
out payment Of the usual overtime
required after ~ hours per week.
It does not affect minimum wage
requirements.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-05-17
VIM. BL0NDELL
FUNERAL Hell D

GIG HARBOR-Gr aveside serv-
ices for William Blondell, 70. who
died Saturday evening at DeWatto,
were held at 2:30 p. m. Tuesday at
Napavine under Perkins direction.
Blondell. who lived at Rosedale for
a number of years, is survived by
four sons, Ernest, Terrence. Bert
and Roy, and one grandchild.
Mrs. Luke Mosher has been
named to head the Artondale
School club for the coming year.
Mrs. Chris Fosness will be vice
pres' lent; the new teacher, who
has not yet been chosen, secretary.
and Mrs. George A. Fuqua. treas
urer
All Reelected
Mrs. J. Taylor and her staff
were reelected by the Rosedale
PIT. A. for another term. Work.
ing under Mrs. Taylor is Mrs. John
L. Eide, vice president, and Miss
Marianne Pennie. secretary.
Waconda chapter No. 217. O. F..
s. will hold memorial services at
stated communication Wedne sdsv
evening at the chapter rooms at
Community hall. Lydia Quistorff.
worthy matron. and Adolph Sch
mel, worthy patron, invite all
Eastern Star members.
To Meet Wednesday
The Rosedale Mixer club will
meet Wednesday afternoon at the
hall with the new members the
hostesses. Included in the pro-
gram will be dis lay of needle
work, exchange of patterns
round-table discussion of short
Cuts to Dress Making" directed
by Mrs. S. J. Milne and Mrs. ].
Jacobsen. and the roll call. NV
First Sewing"
The The Ladies Aid society of
the Bethel Lutheran church Of
Wolloohet will gather Wednesday
afternoon at the home Of Mrs. Ole
Stone. The afternoon will be spent
IN quilting and a no-hostess lunch
con will be served.