davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06
CommodityPrice
Chongesin Week
the Associated Press,

NEW YORK, Aug. 5.-Non ferrous
metals and a few other basic raw
materials tilted higher in cash COM
modify markets this past week, but
elsewhere among staples the trend
generally was lower
The Associated Press index of IS
weighted wholesale cash commodity
prices, with 1926 as 100, declined
to 64.41 from 6462 in the pre-
ceding week and 6748 in the like
week last year.
Markups in cash copper accom-
panied reports showing supplies of
the red metal were being taken
freely, improving the statistical
position of the industry. Copper
sales in June were the highest for
any month on record.
Improved Metal Demand.
Improved demand for other non-
ferrous metals also was reported
Higher quotations were posted for
tin and lead.
Scrap steel and rubber prices were
advanced in the industrial materials
division.
Selling lower among basic indus
trial supplies, however, were hides,
turpentine, linseed oil and burlap.
Cotton also declined slightly.
Markdowns in the cash prices OF
hogs and lambs carried the live
stock component of the Associated
Press index to a new 1889 low. It
was the sixth consecutive weekly
drop for the livestock component.
Most Grains Drop.
Oats were higher in the grains
sector, but wheat, corn and rye
all were down a shade.
Silk moved a notch lower in the
textile division. j
Among market basket items, coffee
and flour prices were marked up,
but cocoa and lard were less ex-
pensive.
The Associated Press commodity
index, with its components, COM
pared as follows:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06


Preston succeeding Hilleary G..
Hoskinson. He added:
With the continued active CO.
operation Of the District Bankers
Association, l can see no reason
why the financial group will not
record 100 per cent enrolment of
all employees during the Roll Call.
We are fortunate in having Mr.
Preston as chairman of this unit -
In accepting appointment, Mr.
Preston declared: Il feel that every
resident of the District of Columbia
should be member of the Red
Cross and play his part toward
helping those in distress, and I am
confident that all banks and finan-
cial institutions will be generous in
their support during the Roll Call
this year"
Mr.. Preston was president of the
Washington Gas Light Co. from
1922 to $780, when he became presi-
dent of the Union Trust Co. Dur
ing this period he has displayed
a sincere interest in civic affairs,
serving on Jne DOdrQ 1Or tne
Instructive Visiting Nurses Asso-
citation, the House of Mercy and the
Episcopal Eye, Ear and Throat
Hospital.
Born in California in 1874, son
of Col. Albert W. Preston, he was
educated at Phillips Academy, An
dover, Mass, and at Yale University
Association 65 Years Old.
The American Building Associa-
ton, second largest organization of
its kind in Washington, is IS years
old today. Opened for business
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06
Retail Dry Goods Poll
Reveals Optimistic
Outlook for Fall
Merchants Throughout
Nation Expect Sales
Increases Over Lost Year
BY the Associated Press.

By the Associated Press
NEW YORK, Aug. 5-Merchants
from coast to coast who deal with
Mr.. and Mrs. John Consumer across
the retail counters of department
and speciality stores predominantly
expect autumn business to be bet
ter than last year, the National Re-
tail Dry Goods Association said to-
day.
The association, representing some
$500 department, dry goods and
specially stores, reported So per
cent of a representative group of
merchants throughout the country"
questioned in poll, locked for sales
increases, averaging to per cent
over the fall months last year.
1t was estimated department and
speciality store sales for September,
October and November might ap-
proximate sl,23O.OOO, 900, against ST.
$780, 100000 in the comparable 1898
period.
Reason for Optimism.
Cited most frequently as reasons
for the optimism. the association
noted, were:
l. Industrial improvement the last
few months and well-sustained re-
tail trade this summer.
2. Abundant farm harvests in most
regions.
3. A "hunch" war won't break out
in the near future.
4. A feeling the political situation
in the United States had been bet
tered and would prove less disturb
ing to business"
Element in Prediction.
Saul Cohn, New York, president
of the association, said the political
outlook affecting business contains
the following elements:
THE investigation of w. P. A.
should result in better control of
the funds and activities of the Gov
eminent.
THE Federal spending program
will have a considerable force in
fall and will gain momentum, con-
u AoueAiS W SiCulCl Duy ing.
There is fair prospect that la
Dor relations will be handled in a
sounder way.
Congress has again assumed it's
constitutional functions.
THE new tax bill permitting
carrying over of losses is q stimu-
lation to new investment and bust
ness venture"
For the economic side he cited
lower inventories and "a gen.
eral rise in optimism and business
confidence"
On the unfavorable end of the
scales nearly 40 per cent of the re-
tailers singled out the war threat
in Europe as a drag on sentiment.
Also cited frequently, the associa-
ton said, among drawbacks were
low farm prices and continuation
OF present administration policies"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06
Rise Is Seen in Demand
For Generating Units
Special Dispatch to The Star.

NEW YORK, Aug. 5.-A rise in
demand for power generating equip
ment is forecast for the coming
months by Poor's stock reports.
Electric power consumption is re-
cording new highs and production
facilities of some electric light and
power companies are overloaded.
The threat of increased public own
ership of utilities has lessened with
the result that private electric pow
er concerns will feel more encour-
aged to proceed with long-delayed
rehabilitation programs. Moreover.
the Federal Governments national
defense program may add stimulus
to electrical equipment demand.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06

This is the third OF a series OF
articles on Washington's economic
groUth in recent years. The
author, L. Seth Schnitman, an
economist, has made a study OF
business conditions in the Cap
ital. The facts presented hare
Uital bearing on the present sit
uation and form the basis for
interesting forecasts for the
tuture-The Editor.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06

August +, 1874,
by a small group
of thrifty Wash
ingtonians in
t h e Southeast
section, the or
ganization h a S
expanded steadi-
ly until resources
are now in ex-
cess of $780,
600, and over
10000 citizens
are shareholders
in the enter
prise.
Present officers
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06
Odd-Lot transactions

The Securities and Exchange
Commission reported yesterday these
transactions by customers with odd
lot dealers or specialists on the New
York Stock Exchange for August 4:
1862 purchases involving 121,133
shares; 4,486 sales involving 116, 780
shares. including 124 short sales in
volving 1925 shares.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06
World Lead Production
Drops in June
Ey the Associated Press.

NEW YORK, Aug. 5.-World pro-
duction of lead in June totaled
150,576 tons. drop of 1857 from
1863, 1913 in May mot including Rus
sian and Japan, the American
Bureau of Metal Statistics said to-
day.
United States output dropped to
37,237 tons from 43,026 in the pre-
ceding month.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06

are SlldIlcS H. Sh~iieS H. IMMUNE
Kindle, president; DR.. Milton H,
Prospect, chairman of the board;
Arthur c. Balser, vice president;
Wilfred H. Blanz, secretary and
Guy M. Nicely treasurer.
Directors, in addition to the
officers, are John E. Mergner,
Clarence F. Donohoe, Chatham NJ.
Towers, Thomas S. Sergeon, Charles
A. Rossiter, DR.. William C. Farmer
and Howard B. Kramer.
d. C. Retail Scars.
Retail trade in Washington de-
partment stores for the week ended
Wednesday was 10 per cent ahead
of the corresponding week last year
and scored an average gain OF "a
per cent over the previous week this
year, the Commerce Department
reported yesterday.
Bank clearings totaled Sl9,966,677
against S22, 222,7 I'll in the correspond
ing week last year. Building per-
mits were very much lower, only
$269,600 comparing with $l,56l, 100,
while July permits amounted to
$1,755, 495 against $2,959,9l0 in July,
1858. Total passenger revenues OF
the Capital Transit Co. scored an
other gain, $207 $40 comparing with
$192,537 year ago.
All reporting stores in the rest
OF the Fifth District, experienced
sales increased, with the exception
of Baltimore, where business was
even with a year ago.
Peoples Drug Sales Advance.
Net sales of Peoples Drug Stores,
Inc, in July totaled $1,813,7745l as
compared with $1,721 ,6578l in July,
1888, a gain of S92, 1870 or 5.35 per
cent, it was announced at the head
quarters of the big chain here yes
terday
Sales in the first seven months of
this year totaled $l2,710228.42
against $12,111,421.57 in the like
period a year ago, an increase so
far this year of $500, 8O6 IS, or 4.94 per
cent, Controller w. H. Churchill
reported.
Lawson Committee Chairman.
Herbert D. Lawson, jr., Washing
ton Loan g. Trust Co., has been
appointed chairman of the Enter
tainment Committee of Washington
Chapter, American Institute of
Banking, by Francis E. Robey, chap
ter president. He is now member
of the Board of Governors. Other
members selected to serve on the
committee include:
Robert Christie, National Savings
e. Trust Co., vice chairman; Louis
F. Corea, Riggs National; Earl Bow
man, Suburban National Bank;
Benner Burgess, Lincoln National;
Walter c. Doe, jr., American Secur-
ity & Trust Co.; David K. Folmer
Second National; Alton c. McAllister
Washington Loan g. Trust Co., and
John F.. Spitznas, Security Savings
q Commercial.
Financial District Notes.
Harry G.. Meem, president of the
Washington Loan & Trust Co., leaves
the Capital this week for a trip to
Denver and other points in the
West.
Chaplin B. Bauman, president OF
the Oriental Building Association
has gone to Bethany Beach, Del
for months vacation.
Roderic Peters, regional sales
manager of Servel, has returned
from meeting of managers and
attendance at the Worlds Fair in
New York.
John c. Marsh, agency director
of the Atlantic Life Insurance Co.
leaves here today to attend the
company's annual convention in New
York and also the fair.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06
5000 Shares Traded
On Chicago. Exchange
BY the Associated Press,

CHICAGO, Aug. 5.-Trading in
stocks was light today and most
price changes were only fractional.
Transfers were made in SO issues
totaling 5000 shares. At the finish
Is were mostly fractions higher than
yesterdays close, 81 lower and 13
unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06
Sears, Roebuck & Co.
Orders Regular Dividend
By the Associated Press.

CHICAGO, Aug. 5.-Directors of
Sears, Roebuck & Co. today de-
clared the regular quarterly divi-
dend of IS cents a share, payable
September II to stock Of record Au-
gust u.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06
w. 7. Grant Co.
July Sales Gain
Over 1888
BY the Associated Press.

NEW YORK, Aug. 5.-W. T. Grant
Co. reports July sales Of $7,298,079
were AZ per cent ahead of SO, 1858, 708
in July last year. Business In the
first seven months of the year was
TO per cent more than the similar
1888 period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06
White Rock Co.

White Rock Mineral Spring Co.,
Waukesha, Wis, reported for the six
months ended June 80 net profit of
$121 ,804, compared with profit of
$155,653 in the first half of 1898.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06

financial group
for the 23d an
nual Red Cross
Roll Call, &C
cording to an
a n n o uncement
vest erday b y
E d gar Morris,
general chair
man. Mr.. Morris
pointed out that
for the fourth
consecutive year
the president of
the Bankers As
ISOLATION has &C
cepted this i'm
pOrtant post. Mr..
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06
Coca-CoIa Reports
First-Ha|f Earnings
OF S13,072,185
Van RuuIte Co. Net for
Six Months Equals
$3.50 Per Share
BY the Associated Press.

WILMINGTON, Del, Aug S.
The Coca-Cola Co. reported today
net earrings, after deduction of taxes
class "a dividends and all charges,
were s8,254 ,42l for the second quar-
ter of 1899, compared with $7.226,-
719 in the corresponding period of
1898.
For the first six months of 1899
net earnings applicable to 1000, 900
shares of common stock, after re-
serve for income taxes, class "a"
dividends and all charges, were sl3,-
072,l85, compared with s11,640,914
for the first half of 1898.
Directors declared a dividend of
Is cents a share on common stock,
payable October to holders of rec
ord at the close of business Septem-
Der IL.
w. N. Corcoran, production man.
ager: George T. Adams, secretary,
and Harold Sharp, regional man
ager, were named vice presidents.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06
Hudson Motor Car Co.

Hudson Motor Car Co. reported
for the June quarter net loss of
1915 1891, compared with loss of
$l,229,051 in the June quarter of
1885,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06
New York Metal Market

NEW YORK. Aug 5 Chopper steady;
electrolytic. spot. $1,000; export, 1911.
Other snas asnAinally UNCHANGED
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06
Preston Chairman
OF Financial Unit
For Red Cross Drive
President of Bankers
Association Accepts
Important Post
BY EDWARD C. STONE.

Ord Preston, president OF the
Union Trust Co., and president OF
the District of Columbia Bankers
Association. will be chairman of the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06
Federal Light & Traction.

Federal Light & Traction Co.. OPP
Grating properties in SO communities
In the Midwest and Pacific Coast
reported for IL months to June 80
net income of $l,633.156, equal to
$3.50 common share, against
81 1855 ,072, or $207 a share, in the
preceding 12-monNa period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06


changes 1888 date Section
g.
onac
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06
Van Raalte Co.

NEW YORK, Aug. 5 (P.-Van
Raalte Co., Inc. reported today for
six months ended June 80 net profit
OF $485 800, equal to $3.50 a share
on the common stock, compared
with $311 $50. or Sl95 a share, in
the first half of 1898. The company
manufactures hosiery and allied
lines in plants in New Jersey and
New York.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06
Radio Corn. of America.

The Radio Corp. of America re-
ported today for the three months
ended June 80 net profit of $724,O9l
which fell little short of dividend
requirements on the preferred stock.
In the second quarter last year the
corporation earned net profit of
s1,086,955, equal to 2 cents a share
on the common stock after preferred
dividends.
For six months ended June 80
profit totaled $2,l72.20l, equal to 4
cents share on the common,
against $2,524,756, or 6 cents a COM
mon share, in the first half of 1888
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06

NEW YORK. Aug. 5-The Associated
commodities today declined to "a 80.
Previous day. GAL; week ago 64.73;
month ago, IS so; year ago, 67.26.
Range Of recent years:
1888
sss,4,p &sl3sss H!s3Si ssS'3:ils IRi3ss:
(le4o averaSe equals 1909
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06
Commodity Prices

Oki lCA iooS lAiO tol
New 1899 low.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-08-06

ITO be continued in nert Sun
days STAR
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1939-10-26

that it could not be done at the ex-
pense Of important public services
and improvements. There Is no real
economy in lowering the tax rate,
he said, If educational or recreational
facilities are to be reduced, relief
cut down or improvements neglected.
In respect to taxes, Mr.. Smith also
remarked:
II know that many Of my listeners
have heard some pretty wild state
ments about reducing the taxes Inn
-mediately. This Is an important
question that should be discussed
freely, intelligently, and honestly.
Above all, honestly. I am not stupid
my colleagues in the Socialist
party are not stupid and ! do not
believe the public to be stupid. We
can understand figures. and, SUBJ
tract, and even figure q little simple
interest. We also know that the tax
rate for next year can not be set
by us, but under the charter will be
set for us by the lame duck admin
istration now In ONCE"
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1939-10-26

U0WDAS OG8AAAAk
But the siowest political trick Of
all" he said, was that of the Re-
publicans in opening soup kitchen
Just before an election several years
ago and then closing it after the
election.
''What can my fellow workers
think of system Of politics that
permits q system of mutual aid?"
he asked, "a system where the poor
take care of the poor. ] want to
ask them honestly what they ever
got out Of the local Republican
Democratic parties as working peo-
pie - If they got more than high
taxes and high rents. low wages, lit
tie work, miserable relief. vulgar
charity, bad streets, inadequate
parks and Fairgrounds, filthy sew
age disposal, no ash or trash re-
moval, and conniving double deal
ing politics"
Patronage System
He attacked the patronage sys-
tenn. and declared that only with a
merit system can city employees
have any real job security. He as
serted that the city's bonded debt
has not been reduced, and called
on Republican and Democratic par
ties to explain just how they plan
to reduce the city tax rate.
'The whole question of taxes
SINNERS down to one thing" he
said, - "a dollars value In pub
lie service for a dollar of tax
money. This is the Socialist party's
pledge"
Idea Laudable
"Proper management of a city
is no more involved than the
housewives budget except the fig
ures are larger. Any group of
men and women endowed with
common sense and honesty, assist
ed by a properly selected staff of
efficient public servants, can give
economical city government"
Mr.. Smith said that reduction OF
the tax rate was a laudable idea, 'but
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1939-10-26

liam Cregan, William Brennan and
Daniel Walsh.
The Casper 8. Davis, American
Legion Fife, Drum and Bugle Corps
will hold prize masquerade dance
tomorrow night, in the Sprague
School gymnasium, with music TO
be furnished by Bob Tyrell's orches-
ira. Dancing will take place from 3
until 1880 p m. George Grenier is
in charge of arrangements.
At a regular business meeting Of
the Casper 8. Davis, American Leg
ion Post, Tuesday night, plans were
discussed for observance Of Armis-
tice Day. A committee was named to
be in charge of program in honor
of the occasion, with Patrick Nor
iarty, chairman, assisted by Fred
erick Hoadley, Lester Plat, Clifford
Northrop and william Rooney.
It was also voted to extend the
membership drive another month. At
the September meeting, captains
were chosen and teams formed to be
In charge Of an extensive member
ship drive, members Of which are as
follows:
Blue team = Captain, Frederick
Poudim. g. Arthur Dubois, Emil
Wilke, William Rooney, Chester
Brickett, Russell Anterior, Patrick
Moriarty, e. Lester Plat, o. H. Hunt.
Frederick Hoadley, william Harvey,
Joseph Kenney, George Caldwell
and Mr.. Gordon. r. w. Henion is
captain Of the Red Team, and the
members include: Robert Cosgriff,
Walter Painter, Everett Cook, Ed
ward Martin, George Goggin, Fred
erick Seidel, John Byrnes, Andrew
Bell, Louis Dadario, Cliff CARTRIDGE.
Ralph Movers and Tony DiBlasi. The
members Of the losing team viii
furnish supper for the winning
team, at the close of the drive.
| Card Party Enjoyed
The Pride of WEIGH Circle, Com
panions of the Forest, held a social
and card party Tuesday night at
Foresters' Hall. Among those pres
ent were, Mrs. william Dunlavey,
Mrs. william Rooney, Mrs. James
Duncan, Mrs. Martin McDonough,
Mrs. Chester Brickett, Mrs. Frank
Smith, Miss Josephine LaChance,
Mrs. Emma Moran, Mrs. Harry
Truelove, Mrs. Bell, Mrs. Edward
Barlow, Mrs. George Goggin, Mrs.
Joseph McArdle, Mrs. william
Moore, Mrs. Arnold Keith, Mrs.
James Waters, Mrs. William Heaney,
Mrs. John Fitzgerald, Mrs. John
Byrnes, Mrs. Blair Graves, Mrs. Bry-
ant and Mrs. George Caldwell. The
committee In charge included. Mrs.
Dunlavey, Mrs. McDonough, Mrs.
Duncan and Mrs. Barlow.
Another social will take place
Monday night, October 30th, 8
O'Clock, at Foresters' Hall, with Mrs.
John Byrnes, in charge assisted by
Mrs. Harry Truelove, Mrs. John
Fitzgerald and Mrs. Blair Graves.
The Ladies' Aid Society of st.
Michael's Church, will 60 to the Al
derson Funeral Home this evening
at 8 o'clock to pay respects to Mrs.
Charles Dittrich, who passed away
at her home Tuesday afternoon. The
funeral home, 10 Central avenue,
morning at 8:15 o'clock from the
funeral home, 70 Central avenue,
with solemn high mass at 8
o'clock at st. Michael,s church. Bur-
ial will be in Pine Grove cemetery.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1939-10-26
CONTINUANCE ASKED
IN FIREMAN'S CASE

On motion Of Attorney Frank D.
Summa, trial of Firemen Daniel
Fran was continued until Nov. IS
at o special meeting of fire COM
mission yesterday afternoon.
An anonymous letter received by
Kolan Alling. county detective,
charged that Fran was absent from
the Burton street station for sew
eral hours one night two weeks ago
and was visiting at q nearby house.
An investigation by the detective
resulted In the suspension of Fran
by Chief Thomas r. Cavanaugh for
48 hours and the special meeting of
the board.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1939-10-26
Catholic Men Offer
Bingo Party Friday
st. Michael's Holy Name Sponsoring Public Games
Legion Extends Membership Drive Another Month

Waterville, Oct. 26 - The Holy
Name Society of st. Michael's
church will sponsor a bingo party
tomorrow night, in the Parish hall,
which will be open to the public,
and everyone is invited to attend.
Playing will begin at $3.50 p. m. un-
der the direction of Patrick r. Shea,
John Haggerty, Henry Wagner, Ed
ward Gagain, James McAree, Will
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1939-10-26
Socialist Assails
Both Major Parties
Hangers On in Street Department, G. O. P. Over.
night Soup Kitchens RidicuIed in Radio Broadcast

Both Democratic and Republican parties attacked
last night in radio talk by Raymond c. Smith, Socialist
candidate for alderman in the city election He charged
that both major parties have given recognition to the
working man. declaring that to them he is not ndi
vdual but only vote Mr. Smith charged that the Demo-
cratic party had before each city election hired number
of Hangers on" in the Street Department. then dismissed
them after election day.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1939-10-26
BIT OF TROPICS IN OHIO

Middleport, o. - (U.P) = Stran-
gers think it's q case Of mistaken
geography when they pass through
certain parts Of Middleport. In the
yard Of r. N. Barnes may be seen
a bamboo tree in full bloom, and
across the street State Senator Tom
w. Jones has two fast-muturing
stalks Of bananas.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1939-10-26

Japan leads all other countries In
production Of raw silk. China and
Italy are next. Ia the order named.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1939-10-26

liam Cregan, william Brennan an
Daniel Walsh.