davidaulloa/AmericanStories huggingface dataset:
Evening star., 1939-06-04
CHICAGO Livestock

cHIGAGo June Fyestoek ,Ss prices ss
ss sea oW eSe ssrred beoT 70 Der s
weight.
and a few, heavier butchers brought 6.15.
Few slaughter animals were on. sale.
oses nGs SINCE hoss a4 ss
lost i 10 25 cents during the week al
receipts both here and at other principal
markets in the corn belt. Livestock men
said hot weather and less satisfactory con-
Best cattle lost 25 cents during the week
IN some cases. but clipped lambs and ma
tive uned SRas ses % Of
turel .--Salable hogs 100; steady trade on
small supply I here; scattered lots good and and
top. go; few around 30Q-pound butchers,
over. 500; COMPARED week ago, sood and
1875 lower packing sows fully 25 on
saIabe cattle. 100; calves, none; com;
BRINE BRINE steers Win vesht Steady S''e to S
lower; mostly slow steady, excessive water
fills considered; yearlinRs and light steers
grades; heiiers weak to is lower; good and
bulls; IS uo. and yealers weak: predomi-
nantly fate steer run; thin StockerS very
pound steers. 1925; next Highest price,
1900, then 1900; bulk. selling. at $50
1878; very liberal run, 1,250.1 400-pound
l.6O0-pounds. 9."5-10.25; best yearlines,
100: light heifer yearlings. 9.S5: heavy
kosher heifers 1918.
last week fed clipped lambs and native
sprinRers, 10-25 higher. fat sheep. SOL 90
ae cestns ps clipped 5on fsd Ss for vk ve
e00-e,15 with plain Southwest kinds
SdoWnward from so; best springers. l 90:
pulR. lo.oO-1075: culls. largely around
500; fat native ewes opened at 400 for
55est 5 kings closing at $50. with bulk late,
.a2-3'Io: late Friday. fed lambs SLOW.
Plan esn Southwest kinds downward from
Evening star., 1939-06-04

substantially increased sales and
material improvement in operating
economies Second quarter sales
were up 49 per cent over preceding
three months and for first six
months of current fiscal year sales
were 2l.9 per cent ahead of the first
half of previous fiscal year. Com
pany went into third fiscal quarter
with untitled orders approximating
$4,000 900 and substantial new or
ders were said to be in prospect for
June and July.
Minneapolis e. st. Louis Railroad
Co.-Minneapolis & st. Louis Rail-
way Co., a new corporation, has ap-
piled to I. C. c. for approval of a
s5o00.000 loan to purchase proper
ties OF Minneapolis e. st. Louis Rail-
road and to effect a reorganization
OF properties. Under a pending plan
OF reorganization the applicant cor
poration will purchase all of the
property, but will operate only a
part Of it. Remainder will be con-
veyed to a separate corporation,
known as Minneapolis IL St. Louis
Railroad Corp.
American Power & Light Co.
Preferred share earnings, II months
ended April 80, were $500, against
$50.
Bell Telephone Co. of Pennsyl-
vania-April net income was $685.
843, against $978758. In four months
net income was s3,544,25l, against
s3.589.878.
National Power & Light Co.
Shareholders authorized sales of
Memphis Power g. Light Co. electric
and natural gas distribution systems
to City of Memphis and T. V. A. for
SIT 800 900. National Power e. Light
has been able to retire $6.528. 900 of
its 6 per cent and per cent de-
bentures through the use of funds
obtained from the sale of utility
properties in Tennessee Valley area
to the T. v. A. and allied munich
pahties. However. there is no i'm
mediate prospect for further reduc-
ton OF the parent company debt.
Southern New England Telephone
Co.-April net income was s276655.
against s239,4l2. In four months
net income was S981,l32, against
1862 .284
Southwestern Bell Telephone Co.
April net income was S1.52O.9Os,
against $1,440.082. In four months
net income was $5,881 1894, against
$5679.759
United Gas Corp-March quarter
preferred share earnings were $5.15,
against $3.50.
Canadian General Electric Co..
Ltd.-Company has received a con-
tract for about 50 600 900 for search
lights by the Canadian National
Defense Department.
Evening star., 1939-06-04
Bond Market Coasts,
With Prices Holding
On Even Course
U. 5, Treasury Issues
Continue Upward
In Light Dealings
By the Associated Press.

BY the ASSOCIATED Press.
NEW YORK, June 3.-The bond
market coasted through the two
hour session today with prices hold
ing an even course. and changes
generally limited to fractions.
United States Government issues
continued to push upward in ex-
tremely light dealings. On the
sale of one bond Treasury IS of
'48- as advanced 10 32ds of a point
and Home Owners Loan 2s.s of 49,
-'39 on turnover of six bonds rose
II 32ds.
Associated Press rail. industrial,
utility and foreign bond averages
were all unchanged, although the
low-yield bond average moved up
another notch to the highest since
January 28 1887.
Fractionally higher were Erie S.
of rs at 102,. Great Northern 4s
Of AS C. at 96l 2, Nickel Plate 5l2s
at So, International Hydro Electric
6s at 86l2, Anaconda Copper 4las
at lot and International Telephone
IS at SO.
Fractionally lower were Delaware
& Hudson refunding As at 58L,
Northern Pacific 4s at 7O7s, Mon
tana Power 334s at lOO5s, Firestone
Tire 3i2s at l04l2 and Shell Union
3l2s at los.
Among foreigns, German SIPS of
'65 were up S. at 16s4 and japanese
5i2s up 4 at 5912, while italian Is
of 81 sagged IS at 6li2.
Transactions totaled s2.589.75O.
face value, compared with s3O75,-
$50 last Saturday.
Evening star., 1939-06-04
Atlas Agrees 10 Sell
Barge Line Control
To St. Louis Group
Mississippi Valley Carrier
Received $2,602, ,9el
In Revenue in 1888
BY the Associated Press.


ST. LOUIS, June 3.-Controlling
interest in the Mississippi Valley
barge line, freight carrier on the
lower Mississippi and Ohio Rivers,
will be transferred by the Atlas
Corp. to group of st. Louisans, it
was disclosed today.
Atlas Corp, Eastern holding COM
pany, has agreed to sell 266,677 Of
its 466,6 shares of stock to an in
vestment group which includes
Francis Bro. e. Co. of st. Louis.
This will put about so per cent Of
the stock IN the hands of st. Louis
ans.
j. Gates Williams of Francis Bro.
Il Co., which was one of the organ
lzers of the barge line in July, 1890,
declined to name the new stock
holders. L. Wade Childress is pres
ident of the barge company.
Atlas Corp acquired its stock
from Goldman, Sachs & Co. of New
York, which bought two thirds of
the 100000 shares during the Or
ganization of the barge line.
The line has experienced steady
development since it began operat-
ing between Cincinnati, st. Louis
and New Orleans. It's 1888 revenues
totaled $2,602 ,99l and stockholders
received $245 900 in dividends.
Freight carried last year was 446,-
955 tons.
Evening star., 1939-06-04
Figures
What They Mean
By FREDERICK GARDNER.


NEW YORK, June 3-The rise in
the grain market lifted business
hopes for improvement in farm pur-
chasing power in time to aid autumn
trade
The advance of more than 10
cents bushel in wheat in the last
month has moved some analysts to
recast estimates of farm income
Until commodity prices generally
began to show inclination to follow
grain, most students of the farmers S
fortunes had concluded business
could not look for much stimulus
from rural buying.
One comprehensive study of farm
income estimated the man with the
hoe, or rather the man in the seat of
the tractor pulled plow, would gar
ner total 1889 cash income only
about 3 per cent higher than in
1898.
Upswing Is Foreseen.
Now the feeling is spreading In
commodity circles that farm prod
ucts. generally considered too low in
relation to prices of industrial goods,
could have moderate upswing If
nature does not 60 on another pro-
duction rampage.
Commodity experts cite various
arguments in behalf of higher prices,
including mounting worldwide
spending for armaments, accumula-
ton of reserve supplies of foodstuffs
in Some countries and Federal at
tempts to improve farm prices
through export subsidies, larger do
mestic consumption and reduction in
supply.
Business analysts don't put great
deal of faith in the effectiveness of
Government schemes for boosting
farm prices. But the way basic quo
tations have acted in recent months
strikes many as hint the worm may
turn in favor of the farmer.
Would Boost Commodities.
World armament spending, some
hold, can't continue on the rising
scale of the last few years without
bringing rise in commodity prices
soon or late.
The jump in wheat has come op-
portunely for Southwestern growers
who are preparing to harvest the
winter crop. The move would have
to broaden out substantially. how
ever, to make worth while difference
in farm income next autumn.
Aside from whatever windfall they
may get in way of higher prices, the
Nations farmers are looking for
ward to some of the most generous
benefits that ever came out of Wash
ington. The agricultural appropria-
ton bill which has completed most
of the stages in the congressional
mill foots up to the record breaking
figure of $1218,0O0, 900, including
nearly $725 ,000, 900 for direct bene-
fit and parity payments.
This congressional generosity, it
was pointed out, should help make
up for income loss resulting from re-
duction in paintings. The unknown
quantity is what farm prices will do
over the next few months. The rise
in wheat, followed by moderate gains
in other staples, may make 1t the
important element when the cash
comes In after the harvest.
Evening star., 1939-06-04
July Cotton Delivery
Crosses 9-Cent Mark
In Late Buying
Brood Mill Demand
FIourishes Under
Worth Street Sales
n the Associated Press.

~ the Associated Press.
NEW YORK, June 3.-The July
cotton delivery crossed the 9-cent
mark today in late buying rush
Last-minute taking shaved
high marks little, but the closing
range was still to 10 points higher.
After a dwadling first hour, fur
~ of trade buying revealed that hold
ers appeared unwilling to sell ex-
cept at substantial mark-ups. Pro-
fessional covering aided the advance.
Broad-scale mill demand -four
ished under the impetus of heavy
Worth Street sales of textiles during
the last week. Textile buyers,
prodded by reports that mills
planned further substantial curtail-
ment of output in an effort to prop
low prices. were estimated to have
taken 80,000,000 yards or more of
cotton goods during the week.
Foreign interests also were on the
buying side. Contracts were sup
piled by New Orleans dealers and
spot interests making hedge place
ments.
Reports in the trade indicated
fair volume of the staple was being
redeemed from loans stocks at the
present Southern basis price.
Exports today, 1879 bales; season
SO far, 3,317,375. Port receipts, 1920:
port stocks, 1984,SS4.
The range follows.
Evening star., 1939-06-04
Restrictions on Press
In Lawsuits Opposed
BY the Associated Press.

By the Associated Press
ATLANTIC CITY. N. j.. June g.
The New Jersey Bar Associa ton
has been informed by its Publicity
Committee that it would be a mis-
take to pass laws restricting news
paper stories of court cases to exact
facts without editorial comment"
The committee was requested a
year ago to study the propriety of
restricting editorial comment on
each lawsuit until the case is
actually closed by decision"
Any attempt to restrict the
heritage of the free press" said
the committees report. would be
greatly resented by the press and
would disrupt the friendly relations
which this committee had endeav-
ored to establish. -
Furthermore, the courts have
sufficient power to control their
proceedings and keep them within
bounds of modesty and respectabihty
without assistance from the bar as
sociation. We recommend that no
action be taken on this matter"
Evening star., 1939-06-04
Corporation
Reports

NEW YORK. June 3.-The fol-
lowing is today's summary of cor
poration news prepared by Standard
Statistics Co.. Inc, New York:
Boeing Airplane Co.-Boeing Air
craft Co., subsidiary of this COM
pany, announced the starting of an
assembly line system to speed man
ufacture of flying fortress bomb
ing planes for the War Department
New mass production method is
similar to that used in the automo-
bile industry. Thirty-nine of the
four-engined. 22-ton bombers re-
manned to be completed. Thirteen
flying fortresses previously had been
delivered.
Canadian Car & Foundry Co.,
Ltd.-Company is understood to be
busy at its Fort William plant on
British war Office order for 40
Hawker hurricane first-line fighter
planes.
Ford Motor Co S. A. of France,
controlled by this company, plans
to create new airplane- ne-manufac-
turing company known as Fordair
to benefit from government arma-
ment orders.
Seiberling Rubber Co.-Net in
come. six months ended April 80
was s403.576, equal to sl27 a COM
mon share. against deficit of $44,-
955. Stockholders have approved
plan of capital readjustment.
Brillo Manufacturing Co.-March
quarter common share earnings
were 43 cents, against 33 cents. Net
income for quarter ended March
81. 1899. was largest for any cor
responding quarter since 1881 and
sales were highest for any like quar-
ter on record
Investors Corp-Declared a divi-
dend of 81 share on $6 first pre-
ferred stock, payable July / to
holders of record June 20. Pre-
viously sl.50 share was paid quar-
terly. Giving effect to latest decla-
ration. accumulations on this issue
totaled so cents a share
International Railways of Central
America-Common share earnings
four months ended April 80, were
"a cents, against II cents.
New York, New Haven & Hart
ford Railroad-Following action of
eastern railroad presidents confer
ence in proposing establishment of
certain round-trip passenger fares,
this company disclosed it will change
round-trip coach fares between any
two points on it's system to basis of
2l4 cents a mile. against basis of
Oh cents mile for one-way travel.
Pullman rates would not be dis
turbed.
Todd Shipyards Corp-Common
share earnings, year ended March
81, were s1.21 against 1856.
United States Steel Corp-Steel
ingot production at plants of sub
sidiaries for week ended May 20 was
estimated at 42l2 per cent, against
AZ per cent in preceding week and
421g per cent two weeks ago.
Electric Power & Light Corp
March quarter common share earn
ings were 20 cents, against % cents.
Third Avenue Railway-Defcit, 10
months ended April 30, was $685.
395, against deficit of $646,153.
Continental Motors Corp.-Deficit
six months ended April 30. was
sl26,234, against deficit of $l90,42l,
Return to profitable operations in
three months ended April 30, 1899
second fiscal quarter, was result of
Evening star., 1939-06-04
Wheat Prices Close
About Even After
Dull Session
Weather Is Continuing
To Dominate Trade;
Other Grains FIuctuote
By FRANKLIN MULLIN,


CHICAGO, June 3.-After fluc-
tuating nervously through one Of
the dullest sessions since the bull
market based on crop scare began
six weeks ago, wheat prices today
closed unchanged to u cent lower
compared with the previous finish.
Quotations dipped y cent at the
opening to around II cents bushel
for summer delivery contracts, low
est in more than a week, but then
developed recovery power that rail-
lied the market at times as much as
"a cent. At the close July wheat
was quoted at 773s-ls and September
at 771s-77.
Weather continued to dominate
trade, with good rains improving
recent more favorable conditions for
crop development, but fair and
warmer weather was in prospect for
much of the grain belt.
Other grains fluctuated with wheat
and corn closed A-12 lower, July,
5034; September, 52l4. Oats, un-
changed to Il off. Rye, l2-5a down,
and lard 2 lower to 3 higher.
Corn quotations closed at the days
lows, rejecting increased marketings,
with 1877 cars received here today and
primary market arrivals for the week
of five days totaling 5,765 900 bushels,
almost 100000 larger than for six
days last week and only 100000
smaller than a year ago. Freight
rates on corn to Chicago from North
eastern Illinois will be reduced next
week.
Crop reports indicated recent rains
have improved oats and rye condi-
tions in some districts.
Firmness in cottonseed oil steadied
the lard market.
Grain range at principal markets
today:
Evening star., 1939-06-04
New York Produce

NEW YORK, June 3 lPl.-Esss, 27063:
ftrTesulaT fsnsy Mixed eo9rs Faney to extra
1914 seconds, 15-15a4: mediums. IA:
dirties No. /. 14A: average checks, 1914:
storaee packed frsts. 17-17Ls
White-Resale of premium marks. o3t7-
%; nearby and Midwestern. premium
marks. 21l2-23: exchange specials. 20ia-
Il: exchange standards. is: resale of near
BY heavier mediums. 1921 "a; nearby and
Midwestern, exchange mediums 17l2: Pa
clfc Coast. Jumbo and premiums. 21l2-32:
specials. 26l2-29; standards. 25A-a: me-
diums. 23-23i9
Browns-Nearby, extra fancy. 1898
nearby and Midwestern, exchange specials.
19-19l4 exchange standards. is; nearby.
mediums. l6la.
Duck eggs. nearby. 1919.
Butter. 1.1Ss.733: easier: creamery
higher than extra. 24A-25: extra 1872
score). "a frsts (sS-9D. 22-23@: seconds
(S4-S1). 20I2-2lI2
Cheese l23O3l; steady to frm: prices
UNCHANGED
Evening star., 1939-06-04
April Cattle Imports
Reported Largest
In Recent Years
124.Se8 Head Brought
Into Country, Mostly
From Canada, Mexico

By the Associated Press.
The Agriculture Departments For.
eign Service reported yesterday cat
tie imports during April we're the
largest for any month in recent
years, totaling 124, 1913 head.
Imports during the January-April
period thereby jumped to 398,724
head. compared with 177,674 in the
comparable period last year Should
this rate continue, imports for the
full year would greatly exceed those
for any year during the present
decade.
The service said the imports dur
ing the four month period repre-
sented 1913 per cent of cattle slaugh-
tered in this country under Federal
inspection.
The imports were principally from
Canada and Mexico.
Imports of pork, on the other
hand, were slightly less than during
the first four months of last year.
totaling l8.064.000 and 19,o19,o0O
pounds, respectively. The imports
were said to have represented but
los per cent of the domestic pro-
duction of pork under Federal In
spection.
Exports of pork increased from
81 $3.50 to 38,267 900 pounds.
Exports of lard were reported at
92,692,00O pounds, compared with
SO $4,000 pounds in the first third
of last year. Great Britain was the
principal buyer. taking 5a,93s 900
pounds. Germany, formerly a large
buyer, took only $4,000 pounds.
The lard exports represented 224
per cent of the total American pro-
ductlon during this period, the serv-
ice said.
Evening star., 1939-06-04
New York Bank Stocks
Chicago Produce
NEW YORK. June 3 P,.-Inves
Bankers Conference, Inc.

CHICAGO. June 2 LP.-Butter, 1611.-
200; unsettled; creamery. 93 score. "a; 92.
Eggs 33.723: steady; fresh graded extra
nrstS. cars. 15k7; other prices unbalanced
Omitted States Department of Agricul-
2. 8. shipments. 917: new stock. Cali
fornia long. white demand fairly. good !:
best stock about steady; stock showing
Southern triumphs. demand light supplies
rather light; sacked, per cwt.. Louisiana
Bliss triumphs, o. S. No. l. unwashed. car
| washed. car. generally good condition
325; showing heated, spotted, sacks, 195-
SG5: unWsshed car. 2,05; late Friday; car.
under ice, generally good condition. i 90
showing heated spotted sacks, 1.75-s5;
slightly weaker: supplies light Idaho rus
set Burbanks. U. 8. No. 1. 1855.
Evening star., 1939-06-04
Commodity Prices

NEW YORK June 3.-The Associated
Press weighted wholesale price index Of AZ
commodities TODAY declined to 66.s7
Previous day, 66,a5; week ago, 67 90;
month ago; $685.; year ago. 64 "a
Range Of recent years:
1899. 1898 1897. 1a33-36
High - 81 80 7427 aS.i4 500
Low Ga a3 63S6 1855 4I,44
1a26 average equals 1909
Miscellaneous Markets.
WOOL TOPS-Futures finished ] higher
: after light session today. Business was
centered in July and December positions
with slow demand coming from the trade
July. 50 4b: December. 7a.9
SPOT, standard tops. $50; unchaneed
RAW HIDES-Futures new closed SO
lower Sales, @,160,0OO pounds
June, loS2; September, 1l.2o; Decem-
Der. BIB
Old contract. 8 lower. No sales.
SPOT No. i Western light native cows,
lin. Bid. Nominal.
Evening star., 1939-06-04
Chicago Stock Market
Takes Upward Trend
By the Associated Press.

BY the Associated Press.
CHICAGO, June 3-Gains rang
ing from fractions to two points
were sprinkled through the stock
list here today at the close.
Trading was only moderately &C
tive, turnover totaling 1000 shares,
and 81 issues advanced, while 9 de-
clined and l8 closed unchanged.
Volume of business for the week
totaled $4,000 shares, compared with
l4O.0O0 last week and $4,000 a year
ago.
Evening star., 1939-06-04

Chicago Cash Market.
Wheat. No. > yellow hard sos,
Corn. No, l yellow, 52hsi2; No. / white
5Si4; sample. 1881
Oats. No = mixed 34i9: No white
thin, 3"i2: No. = white 35-35o4
Barley. Illinois maltins 5n-55 feeding
35-45; sample A.
Soy beans. No. , yellow o."
Evening star., 1939-06-04
C0ttOnSeed Oil.

C0ttOnSeed OIL.
Cottonseed Gil futures moved high
er today, influenced by steady allied
markets, despite a fair amount of
July liquidation. The close was 3 to
5 points up on turnover of 80 lots.
July closed 654b, September 6.72b,
October 6.76b, December 682b. (b-
bid.
Crude oil was quoted 5as cents bid
IN the Southeast and Valley and 81.
nominal, Texas. Late FRIDAY a few
tanks were sold in the North Caro-
lima area on the basis of Sig cents,
Evening star., 1939-06-04
D. 6. Securities

Quotations by Johnston, Lemon e. Coz
Yesterdays closing bid and asked
quotations on Washington Securities
which are traded over the counter
follow.
Evening star., 1939-06-04

Quotations furnished by investment
Bankers Conference. Inc. which states
they do not necessarily reflect actual trans
actions or firm bids or offers, but should
lnoicate approximate prices and unless
otherWise indicated, are as quoted by the
sponsors or issuers
'Asterisk indicates, mot quoted by spon-
eors or issuers''
Evening star., 1939-06-04

Peruvian officers and sailors at
tended bull fight staged in Mexico
City for the benefit of Chilean
earthquake victims.
Evening star., 1939-06-04

Argentina, Peru, Colombia and
Brazil combined paid $2,607 1875 for
American aeronautic products this
year.
Evening star., 1939-06-04
Weekly Earnings

NEW YORK. June 3 lP-
Corporate reports issued during the
week showing earnings per common
share included:
Evening star., 1939-06-04

a-Also extra or extras
Quotations furnished by Investment
Bankers Conference. Inc, which states
they do not necessarily reflect actual trans
actions or firm bids or offers. but should
indicate Approximate prices.
Evening star., 1939-06-04
Washington Stock EXCHANGE
Year 1899

CReported 4 Bundjar washnron D. o.
2.
Evening star., 1939-06-04
Quarter Ended ApriI 2O
Investing Companies

NEW YORK June 3 (P,.-Investnent
Bankers Conference Inc
Evening star., 1939-06-04

-CAMBRlDcE ASSOCIATES -Bos1oN-
Evening star., 1939-06-04
Insurance Stocks

NEW YORK. June 2 LP-Investnent
Bankers Conference Inc:
Evening star., 1939-11-24
UNCLE RAYS CORNER

Living men have planned and
built submarines of improved types,
but the first submarine on record
was invented soon after the Pill
grims settled at Plymouth.
More than 300 years ago a
Dutchman named Cornelius Drebell
invented a submarine Of a sort.
It was tried on the Thames river
In 1924 and was pushed forward by
oars worked under water by IL men,
at depth of IL or IS feet. The
records of this boat are not very
clear, but we are told that Drebell
had a liquid which would make
the air inside it again fit" for
breathing. -.e
During the American Revolution
ary War, an American-David Bush
nell-built an undersea boat and
used 1t In an attack on British
vessel In. New York harbor. The
boat, named the Turtle" Travelled
under the water, but the attack
failed to sink the ship.
twenty-five years later, Robert
Fulton built a submarine of cigar
shape 1t was tried out in French
harbor and stayed under water for
five hours. The men aboard it
breathed air which had been COM
pressed. An old, worn-out ship was
blown up by charge of gunpowder
placed near 1t by this submarine,
which was known as the Nautilus. ="
Evening star., 1939-11-24
Thut's Ny Pop

ENGENE, Greg, Nov. % @.-
The heat went on after the fire"
for one 11-year-old.
He wanted to show a friend how
dad" worked 50 he turned in q
false fire alarm. Dad" Is a fireman.
Evening star., 1939-11-24
Peace News Lute

Two weeks after the War Of 1912
ended the Battle Of New Orleans
was fought. Communications we're
80 bad that word did not reach either
army In time.