davidaulloa/AmericanStories huggingface dataset:
Evening star., 1939-12-04
Insurance Stocks Go
To New Years High
SPECIAL Dispatch to The Star.

SPECIAL DlkpaLCN 10 1ue StAE.
NEW YORK, Dec. 4.-1nsurance
stocks in the New York City mar
ker continued to advance during
the past week, again closing at new
high levels for the year, according
to records compiled by Holt, Rose g.
Troster.
The aggregate market value of 20
leading fire and casualty insurance
issues on December l was $780,
453,000, compared with $500. .492 900
at the close of the previous week,
an increase of $9,961 900, or 161
per cent.
During November the weighted
average of 20 issues rose from
months low of 5134 on November
to new 1899 high of 53.18 on No.
vember 80, gain of 312 per cent.
This compares with previous 1889
high of 5256 on July 18, 1889, and
marks rise of II per cent since
September, 1899.
Evening star., 1939-12-04
Most U. 5. Bond Subscribers
Allotted 3 Per Cent
Fy the Associated Press.

Ey the Associated Press.
Secretary Morgenthau announced
today that bids for the $500 100000
bond issue offered for sale by the
Treasury last week totaled $6,263,-
coo 000
He said most subscribers would be
allotted 8 per cent of the amount
they asked for The bonds will be
8 to II year matMities and pay 2
per cent interest
Under a special plan for small
investors, however. subscriptions to-
falling about $21 100000 will be al
lotted in full. This group was made
up of individual request up to $4,000.
Persons receiving bonds under this
preferred plan will not be given pos
SESSION of their securities for so days,
to prevent speculation.
Evening star., 1939-12-04
Silk Futures Soar
15Cents a Pound
As Buy
Profit Toking Soon
Sends Prices Down
From Peaks
BY the Associated Press.

By the Associated Press.
NEW YORK, Dec. Raw silk for
future delivery skyrocketed the Is
cents-a- pound limit today as buyers,
reported to be Japanese, took con-
tracts at top prices. The squirt was
short-lived, however, and profit
taking sent prices sliding back from
the limit level.
Futures for delivery this month
sold around $3.48 pound, IA cents
above last Saturday. but crowding
the limit under heaviest dealings
were the more distant delivery con-
tracts. July futures changed hands
at about the days ceiling at 1924
pound.
Traders reported there had been
sharp advances in Japanese silk
markets over the week end. This
was said to have touched of Jap
anese purchases here.
Active buying interest centered in
silk Of Japanese origin.
Evening star., 1939-12-04
Steel Rate 10 Drop
To 92.S Per Cent in
Current Week
Institute Report Cites
59.5 Per Cent Pace
Of Yeor Ago
Ey the Associated Press.


NEW YORK, Dec. 4.-The rate
of operations of steel mills will de-
cline this week to 92.s per cent Of
capacity, the American Iron and
Steel Institute estimated today.
The decline, of 1.6 points, from
last weeks rate of 944 per cent is
the second since Labor Day. The
first occurred In the week Of Octo-
ber %.
A month ago the rate was 92.5 per
cent Of capacity and a year ago sos
per cent.
CLEVELAND, Dec. 4 R.-steel
operations, up "a point to "a per
cent of capacity, apparently will
hold near this peak into the new
year." says the magazine Steel.
Reaffirmation of prices on most
products for first-quarter delivery
has affected demand but little, the
publication says, adding that while
new business has tended to moder-
ate in some districts bookings in
other areas are equaling or exceed
ing shipments which are close to
mill capacity"
"In only a few instances are
buyers seeking to defer shipments
because of unchanged prices next
quarter" says Steel, land urgent
requirements in other directions
easily absorb this slack"
Steel reports price revisions as
minor, noting that an advance of
81 ton in the hot-rolled sheet
base is Offset by production in cer-
tain extras. Indications are that
pig iron prices will be unchanged.
Preliminary reports point to an all
time high pig iron production Of g..
726021 tons in November.
Heavy commitments for the auto.
motive industry are in prospect for
this month, releases from railroad
shops and freight car builders are
increasing, but the structural shape
and concrete reinforcing bar mar
kets are less favorable.
with the passing Of the peak
in steel orders and with produc-
ton adjusted to the increased rate
of consumption" says Steel, mills
are more disposed to quote on ex-
port business. especially for Janu-
ary and subsequent delivery"
Evening star., 1939-12-04
Federal Reserve Stops
SELLING Securities
By the Associated Press.

by tne ASSOCldteQ 6IcSS.
NEW YORK, Dec. 4-The Federal
Reserve stopped selling Government
notes and bonds last week while the
Treasury marketed a new $500, ,000,-
900 issue of 2 per cent bonds.
The Federal Reserve had disposed
of $45 ,00O, 900 of notes and bonds in
the preceding fortnight, but halted
its liquidation, some observers be-
ueve, to keep the market in strong
condition for the new issue. The
assistance was hardly needed. how
ever, as applications were received
for IL times the amount OF bonds
offered for sale by the Treasury.
The Federal Reserves holdings OF
Government notes and bonds are
still $428, ,000, 900 greater than on Au-
gust % when it began purchases to
support the then rapidly declining
market, so some banking sources be-
live that the liquidation may be re-
sumed.
Evening star., 1939-12-04
General Telephone Units
Sell Refundinq Issues
Special Dispatch to The Star.

Speclai DlSpatcn TO Tne Star.
NEW YORK, Dec. 4.-Associated
Telephone Co., Ltd, and Pennsyl-
vania Telephone Corp, both subsid-
iaries of General Telephone Corp,
today completed the sale of bond is
sues to insurance companies for the
purpose of refunding outstanding
obligations.
Associated Telephone Co., Ltd,
sold $10,300,000 31a per cent bonds,
due December l, 1869, to l3 insur-
ance companies at a price of 1861
to yield 800 per cent. Proceeds will
be used to redeem a like amount OF
outstanding per cent bonds, due
1865.
At the same time Pennsylvania
Telephone Corp. completed the sale
of SIS, ,20O, 900 3As, due August l, 1869
to IL insurance companies at a price
of 101.25 to yield 318 per cent. AS
previously announced, the proceeds
are to be used to redeem a like
amount of outstanding per cent
bonds, due 1865.
Acting as agents for both trans
actions were Bonbright g. Co., Inc;
Paine, Webber & Co. and Mitchum,
Tully g. Co.
Evening star., 1939-12-04
McGiII Staple Index
Drops Durinq Week
Special Dispatch to The Star.


AUBURNDALE, Mass, Dec. A.
Declines generally predominated in
commodity markets during the last
full week ending in November. The
index of all commodity prices COM
piled by the McGill Commodity
Service dropped to 72.1 as against
1913 week ago.
OF the IA individual groups COM
prising this index, eight showed a
loss for the week, while one was
higher and five remained unchanged.
The industrial index declined for
the second consecutive week. Lower
prices generally were noted In fuels,
hides and leather, paint materials,
coarse textiles and vegetable oils.
The only industrial group to advance
was fine textiles.
The agricultural index was also
lower, as weakness in barley, eggs,
sugar and butter Offset a minor up
ward movement in corn, oats, rye,
cotton and flaxseed.
Evening star., 1939-12-04
Federal Deficit
Climbs Ahead
OF Year Ago
By the Associated Press.

By the Associated Press.
Treasury figures showed that the
Government had gone s1,703, ,045 $50
into the red during the first five
months of the current fiscal year
This compared with a deficit of
81 ,436, 1856, ,765 for the similar period
last year.
The national debt stood at $41.-
305 ,056, TAG on November 30 The
excess of expenditures over income
during November was 84,039 PSI.
compared with $296,943,555 in the
same month last year.
Total receipts for the five months
were s2175, ,093,265 against s2,222.-
791,4l6 in the same period q year
ago..
Evening star., 1939-12-04
Vacuum Cleaner Sales
Jump in October
Ey the Associated Press.

Ey the Associated Press.
CLEVELAND, Dec. 4.-October' s
vacuum cleaner sales of 137 ,901 rep
resented the industry's best October
since 1886, G. G. Frantz. executive
secretary of the Vacuum Cleaner
Manufacturers Association, report
ed today.
October sales climbed ISL per
cent over the 119,805 figure for Oc-
tober, 1898, and compared with
120,708 in September. The new
figure was the best month since
last March's sales of 1926, and
brought 10 months sales to 1,138,-
152 against 1,0602l4 the same Pc
riod last year.
Evening star., 1939-12-04
Bay State Opposes Report
In New Haven Plans
Ry the Associated Press.

BY the Associated Press.
BOSTON, Dec. Am objection
against acceptance of an examiners
report on reorganization plans for
the New Haven Railroad will be
filed tomorrow with the Interstate
Commerce Commission by Assist
ant Attorney General Edward D.
Proctor.
Mr.. Proctor said the objection
would be based on the argument
that the examiner failed to give
consideration to the relation of the
old colony division to any New
Haven reorganization. He viewed
such consideration as essential.
Evening star., 1939-12-04
Visible Grain Supply

NEW YORK, Dec. 4 (P).-The Wis
able supply of American grain shows
the following changes from week
ago Gin bushels: Wheat decreased
2,657, corn increased 756,000;
oats decreased 993, 900; rye increased
10000; barley decreased 1000.
Evening star., 1939-12-04
Money Market

STEADY / per per cent. cent Prime Commercial i
paper, 70 per cent. Time loans steady 60'
go days, IA; As months. "a per cent
days, la-,s per cent; months. I.-h pei
cent: 5-6 months. ss-,s per cent. Re.
discount rate, New York Reserve Bank, !
per cent.
Evening star., 1939-12-04
New York Sugar

NEW YORK. Dec. 4 0H.-Domestic sugar
futures dipped today under commission
was attributed to lack Of Washington news
on the expected Cuban trade treaty or on
the 1910 domestic sugar program. In the
points OF; January, I.78: March, 1872.
World futures were also easier on scat
tered wire house and professional selling,
port The list ruled 2 to 2a lower; March.
1856: May. 1.56h.
Raw sugar was quiet The only offering
.sv:i ssss soS ssnss asDDns .os ens.a
fawe held unchanged. st 9.2e 3 o. ~.
0ned INST fair demand at 40 y,
Evening star., 1939-12-04
Zenith Radio Profit
Declines to $377,696
BJ the Associated Press.

FJ the ASSOCIATED Press.
NE WYORK, Dec. 4.-Zenith Ra-
dio Corp. reported for the six months
ended October 81 consolidated profit
of $377 ,696 before allowance for Fed
eral income taxes, compared with
$648,383 In the comparable 1888
period.
Evening star., 1939-12-04
Radio Broadcast
From Exchange
Is Planned
By the Associated Press.

BY the Associated Press.
NEW YORK, Dec. A broadcast
from the New York Stock Exchange
floor, described as the first such
pickup, is planned by Columbia
Broadcasting System.
Backed by real sound effects of
the market in action, the program
will depict the final half hour of
trading in 1899, from 1880 am. to
1901, December 30.
Evening star., 1939-12-04

r In BANKRUPTCY or receivership or being
reorganized under Bankruptcy Act or
securities assumed ny such companies.
Rates OF dividends in the foregoing table
are annual disbursements based on the last
quarterly or semi-annual declaration. On
less otherwise noted special or extra divi.
dends are not included.
xd Ex dividend II Ex rights Q Also
extra or extras, Paid last year: fPsy-
able in stock. 6 Declared or paid 50 far
this year b Cash or stock ( Accumu-
lated dividend paid or declared this year.
ur Under rule wv With warrants. "
Without warrants. var Warrants.
Evening star., 1939-12-04
Boston Wool Market

BOSTON. Dec 4 QF0 u. S. Department
OF Agriculture) business was, very quiet
nauy quotations on domestic, woods were
unchanged compared with the close, OF
last week Not enough inquiries or bids
tude OF buyers
Evening star., 1939-12-04
Paris Exchange Rates

PARIS. Dec. 4 UP.-The United States
dollar remained unchanged at 43 so
francs (2.2S3 cents to the franc) In for
compared with 2.21O cents to the franc
in New York over the week end. Exchange
on London: 17o.625.
71.59 francs; Ans "a" s0.95: 4hs, 1887.
200.S0.
Evening star., 1939-12-04
Odd-Lot Dealings
By the Associated Press.

The Securities Commission reported to-
day these transactions by customers with
odd-lot dealers or specialists on the New
York Stock Exchange for December ?:
1879 purchases involving 45.lI5 shares:
Guiding 35 short sales involving 1.OS9
shares.
Evening star., 1939-12-04
Steel Quotations

NEW YORK.. Dec. 4 R.-steel price,
per 100 pounds fob. Pittsburgh: Hot
rolled sheets. base price, 2.10: galvanized
sheets. $50: steel bars. 2.16.
Evening star., 1939-12-04
New York Bank Stocks

NEW YORK, Dec. LP.-National AS
eociation Securities Dealers. Inc:
(Quotations as of . o'clock.)
Evening star., 1939-12-04
Freight Loodinqs

NEW YORK. Dec. 4 P.-Revenue
freight carloadings or railroads reporting
today for the. week ended December in
cluded: u
~ Previous Year
Dec. g. week. ago.
10. 1 Ohio--- 50,059 47,S73 41.476
Evening star., 1939-12-04
Rubber Futures

!; INV YORK, Dee. %ssp.-cruAs rubbs,
lsssSs; ls'sS;: l:;: las;s;sa. ;sa..s: Rs::ss' ssai:'A
Evening star., 1939-12-04
U. S. Treasury Notes
ApproX,
Bid. Asked. yield,

NEW YORK. Dec. 4 R.-Prices quoted
IN dollars and thirty-seconds:
Evening star., 1939-12-04

los l22 1872 122
300s 65N 65h 65h
40s 117h 117M 117k
2 81 81 6M
Sos SO S5h SO
10 L L L
2 l IA 1
4 III IN IN
150s 72h 72ls 72h
zoos 48h 48h 43h
70s 107 1O7 1O7
l IL IL IL
40s lllA ll4A 114N
2 1874 18A 1874
zoos Ito ITO no
l 30h 30h 30h
9 S ~ 5
los 90 SO 80
IL 2 ~ IL
26s l69 1863 l69
360s '70M 10 70h
8 81 6h 81
zoos BIN 81 BIN
Z IA ~ lK
/ 10h 10h l0h
! 96M 98h 98h
3 ~ 9h 9h
275LsA7 46A. ASH
7So1 ssh s2A s8A
Evening star., 1939-12-04

FORE1GN BONDS.
Unit Fl Svc rs SO A. 45h 45N 45N
ww-With warrants
xw-Without warrants.
n-New.
st (stp)-Stamped
sNegotiability impaired BY maturity.
Evening star., 1939-12-04
BONDS ON N. Y. STOCK EXCHANGE
By private wire direct 70 Ths Star.
T R E ASU R Y

FEDERAL FARM MORTGAGE.
IS 1942-47 l05.10 l05.l0 105.lO
HOME OWNERS LOAN.
2A 1924 l04S 1048 1048
IS l944-52 1915 1915 1915
Evening star., 1939-08-13
Largest Family Reunion
Expected to Draw 10000
from 1895 to 1910 and his wifi

Robert from 1896 to 1910 and his wife
from 1896 to 1907.
They settled along the lush Blue
stone Valley in what Is now Sum-
mers County and founded a clan
which still has its roots In three
West Virginia counties, but whose
members come back from every
State for the reunion.
A. A. Cousin Abe" Lilly, presi-
dent since the association was formed
IN 1880, predicted the crowd for
the two-day celebration, August 10
and 20, would equal II not exceed the
$4,000 at the 1888 jamboree.
The principal speaker this year
will be Assistant Secretary OF War
Louis A. johnson, whose home is in
Clarksburg. The address on August
20 will be broadcast.
With him on a program which in
cludes at least two dozen addresses
will be Gov. Homer A. Holt, former
Evening star., 1939-08-13

This motors surprised this graphic proof that
clipping along at about As miles speedomeer on
patrol left-and straddling white trac lane line
at that The patrol catches up with its quarry
the speed about yards behind snaps camera
shutter In most instances the numbers license
recorded plainly.
Evening star., 1939-08-13

Perhaps plea guilty would anyway
but this photograph shown to the offending motorst
court convened made such plea douby on the
traffic eye" speedomete lower left Of the picture that the
ahead travelling Bridge Connecticut avenue
about IS miles hour The driver camera
Is situated behind the windshield top and center0
Evening star., 1939-08-13
Thousands Try 10 Attend
Slain Girls Funeral
By the Associated Press.

By the Associated Press.
CAMDEN, N. j., Aug. ia surg
ing, noisy crowd Of several thousand
curious pounded on a church door
today after failing to gain admit
tance for the funeral of slain Wanda
DWorecki, 18-year-old ministers
daughter.
At the same time, Larry r. Doran
chief of Camden County detectives
reported an arrest was imminent in
a search for the slayer who stran-
eled and beat the auburn haired girl
and dumped her body into a weed
patch near lovers lane five
days ago.
Hundreds followed as the pirls
body was taken in a white casket
from funeral parlor to the First
Baptist Church, six blocks awav
There they tried in vain to lam
through the doors into the little
garagelike building which seats
but 1875.
Evening star., 1939-08-13

THE TRAFFIC EYE MAY SEE YOU NEXT!-These photo-
graphs samples Of the effectiveness metropolitan DO
Ices new traffic eye car placed in
operation last week When picture shown above
presented in court there little that the defendant
in this truck drver-violaed regulations which pro-
hibit double parking METROPOLITAN Police Photo
Evening star., 1939-08-13
Cigarette Firm Charged
With MISLEADING Claims
Bv the Associated Press.

Bv the Associated Press.
The Federal Trade Commission
announced yesterday it had charged
Philip Morris e. Co., Ltd, Inc, with
making misleading representations
in the sale Of cigarettes.
The commission said the COM
plant, which must be answered
within 20 days, charged the COM
pany's cigarette containers "and
other advertisements had falsely
represented the respondent as being
established for over 80 years and as
having factories In Cairo, Egypt, and
Hamilton, Canada, when such were
not the facts"
"The complaint further charges
the respondent" the commissions
statement continued, with having
falsely represented that 1t was IN
English corporation and that 1t
held a warrant emitting 1t to display
the British royal arms when such
was not the truth.
"The respondents representations
are also allegedly false in that they
represent Philip Norris English
Ovals' and Players Navy Cut ciga-
rettes as being manufactured tn
England when this is not fact"
Evening star., 1939-08-13
~ the Associated Press.

FLAT TOP. w. Va. Aug. 1.-THE
moving machine whirred lazily over
the twin hills across from the fill-
ing station today, preparing the land
for the coming Of the amazing Lillys,
whose transcribed family tree would
paper a good sized room.
With an omcial attendance OF
10000, the Lillys claim to run the
biggest family reunion in the United
States and none denies them that
honor.
Next week this lonely hamlet atop
the Southern West Virginia noun
tains will welcome for the 10th
time the descendants OF Robert and
Mary Fanny Moody Lilly and their
myriad friends.
There are at least $4,000 de-
scendants Of Robert and Mary Lilly,
who bother lived in three centuries,
Evening star., 1939-08-13
lie. T.. Orders Rails
Using Trucks 10
Get Certificdtion
Common Carrier Stotus
Exists in Such Service,
Commission Declares

By the Associated Press.
The Interstate Commerce Com
mission ruled yesterday that rail-
roads must obtain certificates as
common carriers when substituting
motor vehicle service for rail serv-
ice in connection with their less
than-carload traffic.
There can be no doubt that the
interstate transportation service
here under consideration is common
carrier service and that the rail
carriers must either have authority
to engage in common carriage by
motor vehicle in its own right, or the
motor carriers joining in such serv-
ice must be authorized to act as such
carriers in their individual capaci-
ties the commission commented.
THE Southern and Western rail
carriers, with one exception, utilize
in this service either their own
trucks. subsidiary, or other motor
carriers, all with proper carrier au-
thorization, so that their substitu-
ton service presents no difficulties
under the certificate provision of
the act.
The situation of the Eastern rail
carriers and the St. Louis South
western Railway is different in that
they utilize to some extent so-called
contract carriers by motor vehicle
IN this service. They are the rail
ca 'riers who urge that they are ship
pers IN relation to such contract
motor carriers and that neither they
nor such contract carriers are or
should be required to act as common
carriers by motor vehicle in their
relation to the public. =.
If the service is to be performed
by motor vehicles owned or leased
by the rail carrier, the latter must
have authority to engage in COM
mon carriage by motor vehicle in its
own right, and If the service is per-
formed by motor vehicles not owned
or leased by the rail carrier, the
motor carrier performing the sub
stituted service must have operating
rights as common carrier"
The Eastern railroads and the St,
Louis Southwestern were told to file
within 80 days applications for au-
thority to act as common carriers by
motor vehicle. These applications.
the I, G. c. said, will be given prompt
attention,
Evening star., 1939-08-13

Black Widow Spiders
Fail to Awe Miner
By the Associated Press.
TAYLORVILLE, ILL.,, Aug. H.
William Dycus, coal miner, keeps
Evening star., 1939-08-13
New Security Benefit,
May Make Al States /
Find New Revenues
Only California, With
$l7.45 Share, Is Close to
Matching $40 Maximum
= ~ the Associated Press.

~ the Associated Press.
Social Security Board figures indi.
Gated yesterday that every State ex.
cept California, birthplace of the old.
age pension movement, would have
to tap new sources Of revenue ir
order to benefit from new provisions
OF the old-age assistance program.
Amendments to the Social Sc
curity Act. signed Friday by Presi.
dent Roosevelt, raise from SIS to $2C
the maximum which the Fedora
Government may contribute monthly
to the needy aged on $3.50 match
ing basis with the States.
Statistics for June disclosed that
only California, with a $l7.45 dona-
ton of its own. drew the maximum
from the Treasury, although a dozen
States came close.
Many Reached Taxing Limit.
Board officials said no State could
60 higher until its Legislature ap-
proved an increase in its own dona-
ton. During congressional debate
on the revision, some members said
States had just about reached their
taxing limit for this purpose and
might not be able to take advantage
OF the increase.
Behind California, the top-ranking
States on the old-age assistance list
together with the present State con-
tributions, are:
Massachusetts,, S14.l6: Colorado
$l410; Nevada, 1929; Arizona
s13.17; Connecticut, s131o; District
OF Columbia. s127S; New York
$1178; New Hampshire, $11.82;
Wyoming, $1151. Arkansas was at
the bottom of the list, with the Fed
eral and State governments each
contributing $301.
The board estimated the old-age
assistance program would give aid
to 1857 300 persons this month, with
Illinois leading the list with 1885, 500.
To Increase Personnel.
Preparing for new work because of
the expanded program authorized in
the amendments, the board an
nounced it soon would increase its
administrative personnel. There will
be little change in the Baltimore
office, where 1000 employees keep
45,O00,000 old-age insurance &C
counts, and in the headquarters at
Washington, where 1000 are en-
ployed. The expansion will take
place in the 1923 field and - regional
Offices.
Congress approved an increase
from s2l ,450, 900 to $22 ,0OO, 900 in the
boards administrative expenses for
the current fiscal year. 1t voted
1858, 00,000 for old-age assistance,
unemployment compensation, aid to
dependent children and the blind.
Last years total was $307 900, ,OOO
Besides raising the maximum old
age assistance contributions. the new
amendments would freeze the old
age insurance pay roll contributions
by employer and employe at per
cent each until 1943, and would ad-
vance the date for beginning pay
ments of these benefits from January
!, 1912, to next January /.