davidaulloa/AmericanStories huggingface dataset:
Evening star., 1939-09-29
New York Suaur
(Reported by Smith. B

NEW YORK. Sept % R.-Rumors of
possible peace bids abroad spurred selling
in world sugar futures today. Prices in
late afternoon were = to Sh points lower
with March on sha 1t 2.9Sh. Speculative
buying furnished the principal support
Domestic futures lost to points in late
trading. January was Oh at 225 and
July down at 2.39. There was some
trade buying on the decline.
The raw sugar market was steady. with
one sale OF Puerto Ricos for late October
shipment reported at 3.67ta. an advance
of u point from the previous sale. Re-
fined sugar remained at 5.75.
Evening star., 1939-09-29
Reserve Banks Sell
Portion Of Federal
Bond Holdings
Confidence in Market
Seen With Heavy
Purchases Ended
By the Associated Press.

By the Associated Press.
The Federal Reserve Board indi-
Gated new confidence in the stability
of the Government bond market
by disclosing that the IL Federal
Reserve Banks sold part of their
holdings last week in contrast to
huge purchases in the three preced-
ing weeks.
When Government bond prices
started declining after the outbreak
of the European war. the II banks
bought 100000, 900 worth of Gov
ernment securities in three weeks
to bolster the market Today's re-
port. however, showed that in the
week ended September q the banks
reduced their holdings of Govern
ment securities by $22 600 900. trim
ming their total holdings to $2,804,-
100000.
The banks bought So 100000 worth
of Federal bonds during the week,
but reduced their holdings of Treas
ury bills by s30,0OOO0O
Lendable excess reserves of banks
reached another new record high of
$5 $3.50 100000 at the end of the
week, an increase of $50,000,000 for
the period,
The boards statement said:
During the week ended Septem-
ber q member bank reserve bal
ances increased $4,000, 900. Addi-
tions to member bank reserves arose
from decreases of $67 ,000, 900 in
Treasury deposits with Federal Re-
serve Banks, $4,000 900 in Treasury
cash and S1OO00,O 900 in non member
deposits and other Federal Reserve
accounts, and an increase of $23.-
100000 in gold stock, offset in part
by a decrease of S37 1000, 900 in re-
serve bank credit and an increase
of 100000 in money in circula-
ton. Excess reserves of member
banks on September u were esti-
mated to be approximately $780,
100000. an increase of $4,000, 900 for
the week.
The principal change in holdings
of bills and securities was net
decrease of s22,OO0000 in United
States Government securities, direct
and guaranteed; holdings of bonds
increased S8O00,0O0, while holdings
of bills decreased 100000, 600"
Changes in member bank reserve
balances and related items during
the week and the year ended Sep
tember q, 1899, were as follows:
Sept. %, Sept 20. Sept. 2s
1899. 1889 1885.
Gin millions of dollars)
tod z
Evening star., 1939-09-29
Cement Production,
Shipments Climb
By the Associate Press.

The Bureau of Mines reported
yesterday the Portland cement in
dustry produced 12,369, 900 barrels
in August, shipped 13,8O4.O from
the mills and had 20.926,0OO in
stock at the end of the month.
Production and shipments increased
l2.4 and l68 per cent, respectively,
as compared with August, 1898, but
mill stocks were IL per cent lower.
Evening star., 1939-09-29
Brokers' Looms Guin
$1,000, 900 in Week
By the Associated Press.

By the Associated Press.
The Federal Reserve Board re-
ported yesterday that last weeks
loans to brokers and dealers on
securities held by reporting member
banks in New York City totaled
$4O6. 900 900.
For the week ended Wednesday
the total represented an increase
of $1,000 900 when compared with
the previous week.
Loans for the corresponding week
a year ago totaled $517 900 900.
Evening star., 1939-09-29
625 Tons of Lead Sold

NEW YORK. Sept. % lP.-St.
Joseph Lead Co. reported so tons of
Southeast Missouri pig lead sold
yesterday at S5.35 per 100 pounds
East st. Louis. 500 tons at s5.55 New
York and IS tons at the New York
average.
Evening star., 1939-09-29
Steel Firm to Open
Another Furnace
By the Associated Press.

CHICAGO, Sept. 29-Carnegie-
Illinois Steel Corp. announced yes
terday it would blow in its No.
blast furnace in the Gary, Ind,
works today. Carnegie Illinois then
will have II furnaces operating in
the Chicago area, 8 at Gary and
8 at South Chicago.
Evening star., 1939-09-29

Quotations furnished by National As
socistion OF Securities Dealers. Inc, whicn
transactions or firm bids or offers but
should indicate approximate prices and
unless otherwise indicated, are as quoted
BY the SPONSORS or issuers
mot quoted by SPONSORS or issuers.
Evening star., 1939-09-29
estcheStef t1.20a)

Also extra or extras
Quotations furnished by National As
ISOLATION 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., 1939-09-29
Rubber Futures

NEW YORK. Sept. 90 dP,.-crude rub.
ber futures opened / lower to higher
December; la:65-70; March. 1s.70b; May
1S.b0b. b Bid.
Evening star., 1939-09-29
Investing Companies

NEW YORK. Sept 90 LP,.-Eational
Association Securities Dealers. Inc:
moon ouotations)
Evening star., 1939-09-29
Washington Exchange

SALES.
Capital Transit Co-10 at 1924, s.
at 1874.
Evening star., 1939-09-29
Federal lund Bunks

NEW YORK, Sept % P.-Federal Land
Bank bonds:
Evening star., 1939-09-29
Insurance Stocks

NEW YORK. Sept. 90 dP.-National As
ISOLATION Security Dealers, Inc:
Evening star., 1939-09-29
Financing Total
| At Best Level
| In 5 Weeks
BY the Associated Press.

By the ASSOClate0 FfeSS.
NEW YORK. Sept. 29.-New Sc
curity issues offered to the public
during the week ended yesterday
totaled IS, 1884 the largest amount
IN five weeks. Poor's Publishing Co.
reported today.
Compared with totals for weeks
preceding the declaration of war,
the volume was very small, however,
indicating that underwriters are not
sufficiently satisfied with the condi-
ton of the market to resume large
scale flotations.
Evening star., 1939-09-29
Dividends Announced

NEW YORK. Sept c9-Dividends de-
clared. Prepared by Fitch Publishing Co.
Resumed
Pc Stock of Pay
Rate. riod. record able
Cleveland Rwy Co.----5ac - 1O-2 1913
Central Kans Pow--S3 y-2S
Extra.
Prentice G Mfg-----5Oc 1O-1 1O-l5
Accumulated.
Evening star., 1939-09-29
BONDS

PUBLIC UTILITY
Evening star., 1939-09-29

'ept. -, Sept. 20. Sept. %,
1889. 1889. 1888.
Gin millions Of dollars.D
e ner
Imperial Valley press., 1939-03-19
THE WAY TO FIND A WAY
OUT OF VALLEYS TROUBLES

There's no better way to find way
out of Imperial Valleys economic trou-
bles. private and public, than that dem
onstrated at Calexico Friday when hall
a hundred farmers and business men
mostly the former-met in the second
annual Agricultural Economic Planning
conference The University Of California
extension service under auspices OF
which the conference was arranged,
performed a very real service to the
entire community in launching these
meetings.
When reasonable intelligent men meet
to exchange points of view and TO seek
a solution to the various problems that
beset them, good always results. When
their meetings are arranged as efficient
ly as was the one at CaleXlco, there can
be no doubt that the result Will be one
to be proud of. 1t was in this instance.
Above everything else, the conference
demonstrated the possibilities TO be
found in cooperation. 1t showed that
one man may know the answer to an
others problems. Only a meeting OF
minds is necessary.
One needs only to study the recommen-
dations made by the conference on
drainage, on farm management and Ia
Dor. on outlook marketing and credit,
or on soils and land use, to know that
those who attended the conference dld
so with a strong will to meet and solve
the valleys most knotty problems
Perhaps one of the most cheering things
about the discussion was that 1t was
attended largely by farmers. This val
ley is preponderantly an agricultural
one. and its greatest achievements and
worst problems are agricultural. Inc
farmer. always an individualist, has in
the past been too often prone to follo"
his own inclinations regardless OF the
experience of others.
Luckily Imperial Valleys farmers,
bringing fresh viewpoint to new coun-
try. have come to realize that each may
profit by following the best practices OF
the other Farmers here, facing differ
ent problems from those of any other
area, are realizing more and more that
success can be had, if only the proper
methods are used. 1t is up to the man
who has discovered the proper methods
to pass his discovery on TO his fellows,
and it is up to the man who remains In
doubt to seek out the fellow who has
succeeded-and find out how he did it.
Such cooperation is made possible,
and that easily, by planning conferences
like the one at CalexicO. They should
be continued and developed to the full
est extent.
Imperial Valley press., 1939-03-19
THE MEXICAN
POLICY

Nevada State JournaD
Where is our Mexican policy leading!
appropriations, merely a euphonsm
for outright seizures, are still unsettled
and the results in recent months have
been more serious. Other nations, partl-
cularly in Central and South America,
are beginning to believe that seizures OF
American-owned land and properties
within their boundaries is safe and
financially sound method of balancing
their budgets.
Any steps taken by the United States
to halt this spread of Xpropriations-t
taken too late-wil bring cries of Yam
kee imperialism and will turn our Good
Neighbors into allies for totalitarian ma
tions. This is already beginning to hap
pen.
Firm steps NOW with Mexico would
halt further appropriations, and would
cause an uproar far milder than any
we'd hear if we wait another six months.
Frankly, other nations expect the United
States to get tough They'll complain,
yes, but not as bitterly as they Will when
they begin to think that the seizures were
legal. Delay on our part gives touch oil
legality to MeXicO'S actions, causes Latin
America nations to wonder if, possibly,
Mexico isn't justified within the law to
take American oil wells, American rail
roads and mines and ranches. For, they
reason, if it were illegal, why weren't
steps taken to halt such action?
Americas dilatoriness in taking
firm, drastic stand with Mexico is cost
ing her dearly.
Public relations, for decade unusual
ly friendly between the two nations, has
become strained. The tension is felt on
the border, by tourists visiting Mexico.
Uncle Sans residents are again becom-
ing detested gringos.
Propaganda is being circulated in
Mexico by dictator nations. This is all
obvious fact. If trouble can be created
between the United States and Mexico,
it would aid totalitarian nations. They
definitely want war, on an unfriendly
relationship, between countries formerly
good neighbors.
America is aggravating the situation
by refusing to take a firm stand in the
appropriation problem.
Imperial Valley press., 1939-03-19
BABIES AND
GAS MASKS
Riverside Press }

(RlVerSlde PreSS)
Six thousand years of human prog
ress. And we read of British mothers
teaching their children to wear gas
masks Officials in the right little,
tight little island" are telling people
there that every method must be made
to accustom babies to gas helmets.
We vaunt our civilization to the skies,
and yet the greatest reproach to this
civilization is the things we are doing
to children.
If the world is a madhouse, full Of
fear of war, and horrors and suffer
ing, grown-up people have themselves
to blame 1t is their world, they have
made it just what it is. And if they
did not individually have hand in max
ing it the way it is they are, at least,
the only ones who can change it.
Children, on the other hand, are inno-
cent. It is not their fault that they are
exposed to and die under bombs in Chi
ma; nor that they starve in Spain; that
they are clapped into uniforms in doz
en- countries while they are yet babies.
Britain, which had none last Septem-
Der, is now providing gas masks for chill
dren. 1t is suggested that mothers play
peek-a-boo with their babies through the
mica windows.
And while we do these things we still
raise up our voices to proclaim the great
advance of our civilization; pointing out
how far we have come since the dark
ages.
Imperial Valley press., 1939-03-19
Famous Sayings

Slowly, ponderously, like a great
seems to feel a slow shift of bal
ance: 1t is felt more than seen, yet
perhaps it is less real because 1t can
not be demonstrated like a mathe-
matical proposition.
The balance of Europe, which
seemed TO teeter SO definitely to-
ward Germany and Italy last fall,
is almost certainly swinging away
from the equilibrium of September.
The speech of Hore- -Belisha, the
British war minister, before the
House of Commons in which he
outlined the British arms advances,
is one of the frankest ever de-
livered on that subject.
Hore- -Belisha quite frankly and
flatly said that the British army
is being trained and equipped for
service on the European continent,
and that the most careful plans for
its transport and maintenance are
already made.
This change in policy brings Bri-
tain back to pre- -Haldane days, he
said, and means that any adquate
defense of Britain must begin far
beyond the cliffs Of Dover.
Hore- Belisha revealed that. even
excluding India and Burma, Britain
has a half million men under arms
almost 100000 more than yeal
ago. In a volunteer army, built
Imperial Valley press., 1939-03-19
Willis Thornton's Editorial Or.
Is the Balance in Europe Shifting?

without conscription, that is a SIZE
able increase.
And while he did not speak oil
OBLIGATIONS and alliances, The mini
ster made it clear that they are
all equipped and ready to defend
France in any emergency that
means that they would also be de-
Tending Britain.
France has already put the foot
down quite firmly on surrenderlng
to territorial demands from Mus
solini. Even the countries Of south
eastern Europe seem to have still
fened in their attitude toward Ger
man expansion.
The strongest cards a diplomat
can hold in a l939-l94O game OF
international showdown poker seem
to be clubs. 1t is gradually be-
coming apparent that the British
are gradually shaping club that
is not stuffed, and which carries
good stout spike in the end.
Perhaps the next British states
man to sit in on an International
poker session will have a better
hand than Chamberlain held in
September, 1888 He could not yet
hold all the trumps and aces, but
one by one, some of the cards have
begun to fall his way
Perhaps Eumope's best hope for
peace would lie in a situation
where all players were so sure the
other fellow held strong cards that
nobody would want TO call. Then
perhaps, they would give up poker
and turn to ping-pong.
Imperial Valley press., 1939-03-19
THERE ISN'T ANY
alternative

Those who hesitate about voting Eyes"
on the Imperial Irrigation Districts
bond refunding plan next Wednesday
because they hope for some better solu-
ton to debt problems should remember
one thing:
There isn't any better plan available.
Nobody has yet proposed any other
plan remotely resembling program TO
restore the valleys credit to normal
level by settling its debt problem
There has been discussion of re-
quest for Reconstruction Finance Cor
poration help, but it is only discussion.
RFC has turned the district down once.
There is no reason to believe it will not
do so again.
Voters may make one of two choices:
Vote Eyes and restore the valley to
economic security, or vote "no' and bring
about economic chaos greater than any
we have ever known.
Imperial Valley press., 1939-03-19
TOday's Horoscope

The person whose birthday is to-
day must be prepared to suffer
disappointment in love during the
year just commencing. His or her
business, however, will prosper, and
benefits will come through the help
of an older person. The child who is
born on this date will be very clever.
Outstanding success will come in
any of the professions. He or she
must be wary of the opposite sex,
however, or they may find them
selves deceived, and suffer accord
ingly.
Imperial Valley press., 1939-03-19

He naQ Deen dIlSlliiS 4O4 oOiii0
time to land an important prospect.
But the man wasn't interested.
Then one day the door opened
and in walked the man himself.
What a piece of luck!
But not too fast! The man
was red hot mad.
Yea, he was on the warpathl The
reason was that he had purchased
some day-old chicks from another
company, and the chicks had not
lived. Every poultryman was a
crook. That's exactly what he said,
and he started in TO give Mr. Steel
man a dressing down simply be-
cause he was a poultryman.
In a few moments Mr.. Steelman
himself was hot enough to fly into
the customer and tell him few
things. But he didn't. He employed
the principle of letting the other
man talk himself down. Now and
then he agreed with the man. Not
once did he oppose him. The man
ran on and on. AT the end OF forty
minutes Of hot and sulphurous Ian
guage, he ran down.
Then Mr.. Steelman used the
second principle in handling people
in this situation. He presented his
side, but he carefully made state
ments with which the man had TO
agree. He got him to say Yes
two or three times. Thus they had
come together ON a few points.
The man had mentioned that he
had been employed at one time by
a railroad. Well, Mr.. Steelman had
too, and they began shop talk
This was the subject nearest to the
mans heart. He loved railroads
and so did Mr. Steelman. Soon the
mans voice dropped. he was be-
ginning to think Mr.. Steelman q
pretty fair sort OF person after all
Then Mr.. Steelman led him back
TO the subject of poultry and eggs
and asked questions about market
ing them. The man had been sue
cessful in that line, and Mr.. Steel
man was much interested. The two
men were thus a bit closer together
Mr.. Steelman told him about hi
own chicks, how we'll selected they
were. BY now the man was nj
longer in a combative frame O
mind and he listened TO statements
he would not have allowed himselI
to hear at the beginning of thu
interview.
The man saw that Mr.. Steelmar
did have high quality chicks, wa
won over, and finally placed al
order for his entire seasons require
mentsl Not only that but he made
a substantial down payment.
When he rose TO go he shook Mr.
Steelman's hand. ITS a pleasure
to meet a fair-minded man lik'
yourself" he said.
Imperial Valley press., 1939-03-19

WASHINGTON One OF the
most important parts OF the ma
tional defense program is gong
through Congress without attract
ing much attention. 1t is the move
to spend S1O0OOO,O00, over four
year period, TO build up stores OF
vital materials in which the United
States is not self-sufficient.
In a nation which prides itself
on having practically everything
it needs within it's borders, it may
come as a surprise to learn that
the entire national economy could
be utterly disorganized if imports
of certain commodities were sud-
denly cut off-aS might easily hap
pen in case OF q major war over
seas.
Airplanes and warshipS might
keep any foe from our shoreS-but
suppose (to take one instance) that
that foe kept us from buying any
tin. Our whole system for preserving
and distributing food would collapse
for want of tin cans; our industry
would be Stymied for want of solder
and babbitt metal. We use some 80
900 tons of tin year; all but
about $50 tons of it comes from
across the ocean.
The Army and Navy Munitions
Board has listed II essential ma
terials which we either don't pro-
duce at all or don't produce nearly
enough of to meet our ordinary re-
quirements. 1t has listed 20 more
in which our situation is only
slightly less serious.
S a move TO lay in big stocks
of these essential commodities Is
under way. Senator Ebert Thomas
of Utah is plotting a bill through
the Senate and Congressman
Andrew May of Kentucky has one
in the House. The idea is to make
S25, 100000 a year available for four
years for the purchase of such ma
and the Navy-after consultation
with experts from the State, Trea-
stuy, Interior and Commerce De-
partments-4should deClare neces-
Sary.
Yet laying up surplus stocks is
only half of the idea. The other
half is TO make a complete APP
prasal of Americas strategic re-
sources; to find out just how much
there is of each kind of material
where it Is, how much it would
cost to exploit 1t. and either to
begin that exploitation at once OF
to make plans for starting 1t in
case of emergency.
The senator's bill would author
ize the expenditure of $350,000 Q
year by the Bureau OF Mines and
Sl5O,0OO a year by the Geological,
Survey TO study and develop de-
mestic deposits of essential miner
ais.
There Is antimony, for instance
essential in such varied trades a'
the making of type metal, th'
enameling of metal ware, in vulca
MIXING rubber, dying cOtH ailo
making safety matches.
There is mica, an insulator in
dispensable to the automobile
airplane and radio industries.
Quartz crystal, needed to MAKE
optical instruments and radi'
equipment.
Tungsten, without which WI
couldn't make the high-speed TOO
steels needed for our great mas
production industries.
Coconut shell charcoal, whici
for some obscure reason is the bes
material in the world TO make ga
masks.
Those are just a few samples
What may be done in the matte
Imperial Valley press., 1939-03-19
Bruce Cation in Washington
Dissects the News

of developing domestic resources
is perhaps Illustrated in the case
of iodine. Until comparatively re-
Gently. the United States was al
most entirely dependent on imports
of iodine. Now, due to the discovery
that it can be produced from salt
brine oil wells-the United States
is the worlds second largest pro-
ducer of iodine, and the price has
gone down from SIS a pound 70
something like $l,60.
Imperial Valley press., 1939-03-19

a situation. l..
w. Steel m a II,
owner of a
poultry f a r m
at LanSdale,
Fa., was form
er'ly with the
poultry division
of the United
States Depart
ment of Agri-
culture, Wash
ington, d. G.
-
Imperial Valley press., 1939-03-19

Declares Mrs. Samuel Cam of
Buffalo, N. Y, on her 5Oth we'd
ding anniversary: In order to
have a happy marriage, you must
keep two bears in the house-bear
and forbear." And keep hubby
from being one.