davidaulloa/AmericanStories huggingface dataset:
Evening star., 1939-06-21
Optimism Rules
In Oil Industry
On Price Increase
Reaction Is Watched
On New Tank Wagon
And Retail Gas Rotes
BY the Associated Press,

BY the Associated Press.
TULSA, June 21.-The oil industry
was mildly optimistic today as il
watched reaction to higher tank
wagon and retail gasoline prices ir
much of the Nation.
A freely predicted increase in tank
car, or refinery, prices for gasoline
had failed to materialize.
One gloomy note in the price
structure, some market observers
pointed out, was the action of the
Texas Co. in resembling its half-cent
increase in tank wagon prices in
New Jersey, Delaware, Pennsylvania
Maryland and the District of Co.
lumbia.
Sinclair Move Followed.
When the Sinclair Co. hiked its
prices in AZ States recently, the
raise was pretty generally followed
The Texas Co., which went up with
Sinclair, dropped back when several
companies in the New Jersey area
tailed to meet the raise.
Competitive conditions also were
blamed for the failure of a general
advance in Texas and Iowa.
While marketers studied discrep-
ancles in the advance movement.
other observers waved aloft the old
ghost of Overproduction. These
latter pointed out that runs to stills
were advancing and declared fin
lShed stocks were too high, even
though consumption was better than
last year and demand continued
brisk.
Production of crude oil increased
curing the past week. The Texas
Railroad Commission gave Texas
producers an opportunity to plan a
three-month production schedule bv
issuing an allowable order for july.
August and September. The order
calls for complete shutdowns of pro-
auction eight days monthly.
Six Locations Staked.
Six more locations were staked in
the Missouri area of the Forest CITY
ooodl, ana Cne Oh and Gas journal
reported 1853 competitions for the
Nation for the week ended June
II, compared with the same number
the previous week and 1854 for the
week ended June 18, 1898.
A gasser blew in for an estimated
5000, 900 to 10000, 900 cubic feet dailv
near Carmi, White County, Ill.
Ihat State also witnessed comple-
ton OF 63 new oil wells, the best for
5,o8l barrels in the Salem pool of
Marion County. A new produc-
ton area was opened on the east
hank OF the Dickinson Field, Gal
weston County, Texas Gulf Coast
district. -. A 1888 barrel well was
completed in Crane County, West
Texas, on the Waddell Ranch.
A well swabbed SIG barrels a dav
Tor the first commercial production
IN the Sunburst sand in the Cut
Bank field in Montana. The
Coyle pool in Payne County, Okla,
added another producer.
Evening star., 1939-06-21
Hidden Toxes
High Taxes Reduce
Investors Ranks
BY ALFRED C. FRODEL,
Tax Attorney and Consultant.
Article 20.

AItIC1c EUs
Every worker or consumer should
be interested in the tax laws passed
by our Federal and State govern
ments which not only increase the
rates in existing tax acts, but impose
new tax laws which penalize savings
and attempt to regulate business.
Logically all taxes are added or
included In the price of everything
you buy. You should also be inter-
ested In the reasons why investors
are not investing their idle money in
new securities to build plants, ma
chinery, ETC., which would mean
more employment.
During 1898 the new capital raised
by American corporations through
security issues, that is stocks and
bonds, totaled only SALT ,0OO,O This
was only about one-fourth of the
annual amount at which new capital
flowed into private business during
each year between 1920 to 1880, in
elusive. The average of new capital
invested in American corporations
during 1920 to 1880, inclusive. for
each year was about $l,668 900 900
instead of $417,00O,0O0 for the year
1898.
To insure a normal flow of new
capital into industry, business must
be permitted to put back into busi-
ness profits less taxes, which taxes
are paid on net income earned. It
must not be taxed or further penal
lied under the undistributed profits
tax law enacted in 1886 imposing a
tax on the income which goes back
into the business for plants and ma
chlnery. Investors must not only
have money to invest, but the con-
f1dence to invest it.
tReleased by The Bell Syndicate, Inc.)
Evening star., 1939-06-21
Television Growth
Not Expected 10
Hurt Movies
Theoter Receipts Keep
Levels Despite New
Amusements
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, June 21.-Television
is not expected to injure the motion
picture industry, according to a new
study appearing in Poor's Industry
and Investment Surveys. Often
called "depression-proof," because OF
the relative moderation in it's f1uc-
tuations, motion picture attendance
has given no signs Of waning in re-
cent years, despite inroads made
into the amusement field by radio
sports, Interchangeable, record
ings, etc.
Indicating the public's unwilling
ness to give up its theater enter
tainment, despite reduced income,
attendance at this country's picture
houses rose in 1880 to 16 per cent
over 1929 volume, and the 1887 level
was maintained in 1885," states the
survey. Sound pictures were still
rather new in 1880 and may have
accounted for that years showing
Nothing OF this nature explains the
year 1898, however, which indicates
that theater attendance continues
to hold at satisfactory levels in
years following peaks in national
income. Although falling more
sharply than consumer incomes dur
ing periods of sustained depression,
attendance closely parallels the sub
sequent rise.
I'm 1929 the six best known mo-
ton picture companies whose Sc
curities are listed on the New York
Stock Exchange reported aggregate
net profit of $38, ,460, 900. Although
gross revenues expanded in 1880
and 1881, increased production ex-
penditures more than Offset these
gains. When gross declined sharply
in the year 1882 these same COM
panies reported an aggregate deficit
of $34, 100000.
Because Of drastic reorganiza-
tions, with attendant reductions in
fixed charges, and the recovery in
business activity which swelled gross
earnings, these same six companies
reported gradually improving results
recording a s24,20O,00O profit in 1886
and netting $50 $50 900 in 1887. For
1888 40 per cent decline in profits
to $l8,720,000 was recorded, reflect
ing increased amortization and other
charges. Although a moderate de-
cline was indicated for the 1899 first
half. improvement recently has been
noticeable"
Evening star., 1939-06-21
Building Costs High
Because Of Restraint
Of Trade, Says Arnold
Materials Price-Fixine,
Bid Depositories, Unfair
Labor Tactics Charged
BY the Associated Press.

NEW YORK, June 21-High con-
struction costs were laid to "unrea-
sonable restraints of trade" today
by Thurman Arnold, Assistant At
torney General, who said the re-
straints appear at every level Of
the building industry"
Mr.. Arnold, chief of the antitrust
division of the Department of JUS
tice, told the New York Building
Congress in a prepared speech:
In building we have a series of
restraints, protective tariffs and ag-
gressive combinations which has
practically stopped progress.
The antitrust laws are not de-
signed to destroy the efficiency of
mass production where the savings
are passed on to the consumers.
They are concerned only in those
organizations which, singly or in
combination, fix prices or restrict
production or eliminate industrial
experimentation or new enterprises
by arbitrary control over the free
flow OF goods in commerce"
TTlce rNlng Snarged.
He listed what he called typical
practices of the building industries
which have been found in recent
Government proceedings or investi-
cations or are involved in substan-
tlal complaints to the antitrust
division.
Among them were: "Producers of
building materials have fixed prices
either by private arrangement or
as the principal activity of trade
associations. Owners of patents on
building materials have used them
to establish restrictive structures of
price control, control of sales
methods and limits upon the quanti-
ties sold.'
Mr.. Arnold asserted many con-
tracing groups maintain bid de-
positories, in some of which the bids
are opened before the contract is
let and information thus obtained
is used to coerce low bidders to with
draw or raise their bids.
Labor's Tactics Scored.
The building trades, he said, often
add new restraints of their own.
In recent years they have fire.
quently been used as a strong arm
squads for collusive agreements
among contractors, refusing to sup
ply labor where the contractors ring
wishes labor withheld.
I'm other cases the unions them
selves have refused to permit the
use of new products or new processes
because of their fear that the new
method might make it possible to
erect a house with fewer hours of
labor than the old"
Evening star., 1939-06-21

Argentina Is endeavoring to ma
tioualize its railroads.
Evening star., 1939-06-21
Chicago Produce

CHICAGO. June 81 R-Poultry. live.
45 trucks: steady: hens. B pounds and
under 15: Leghorn broilers. 2 pounds up.
16Ha: small colored ducks. 9: white. g.:
other prices UNCHANGED.
Butter-1. 402.273: firmer: creamery. %
score c4h: 92, 23'4. 90 centralized ear
lots. 23A: other prices unchaneed
chaneed
Potatoes. 1913; on track. 397: total
q 8. shipments. 875 new stock. CALI
fornia long whites. slightly stronger: Bliss
Triumphs. all sections best stock steady:
Southern Cobblers about steady: supplies
rather liberal, demand fair: sacked per
hundredweight. Bliss Triumphs, ALBANIA, d.
2 oN No d,,g J. washed; generally good condition.
s5: Arkansas, U. s No. i. I.s5-s5: show
ing decay. 1.50: Oklahoma q S. No. i,
I.70,,75 showinE decay. 1880: North
heated decayed. $3.50: Californiso ion;
whites. y. 8. No. l. under ice. few sales
1852 90: under ventilation. 100; q
commercials. 1.s5-s7h;. Bliss Triumphs,
o. 8. No. l. under ice, 2.26-30.
Evening star., 1939-06-21
Investing Companies

NEW YORK. June 81 (P.-Investmenf
Bankers Conference, Inc:
moon quotations
Evening star., 1939-06-21
Increase Is Revealed
In Sugar Deliveries
BY the Associated Press.

The Agriculture Department re-
ported yesterday 2,340,79 short tons
raw value, of refined sugar were de-
livered to American markets by re-
flners, beet professors and import
ers during the first five months of
this year.
Deliveries during the comparable
period last year totaled 2,203,011
short tons.
The deliveries were from these
sources: Refiners, 1,686,798 tons;
beet professors, 461 ,608, and import
ers, 1872 1893.
Stocks of raw sugar held by re-
flners on May 81 were reported at
890,270 short tons, raw value, COM
pared with 942 1854 a year ago.
Evening star., 1939-06-21
Pennsylvania Reports
Decline in Loudinos
By the Associated Press.

By the Associated Press.
NEW YORK, June 21.-Penn-
sylvania Railroad reported revenue
freight carloadings for the week
ended June II totaled 93,0lO, COM
pared with 94,581 in the preceding
week and 1928 a year ago.
Guatemala has modified its tax
on business profits.
Evening star., 1939-06-21
I.C. c. Suspends Cuts
In Grain Rail Rates
By the Associated Press.

BY The Associated Press.
The Interstate Commerce Com
mission yesterday suspended, pend
ing an investigation, proposed re-
ductions in railroad freight rates
on grain shipped from the Midwest
to North Atlantic ports for export.
The reductions were to have be-
come effective today, but the I. C.
c. suspended them to January 20,
1910. In the meantime it will make
an investigation to determine their
reasonableness.
They would have applied to ship
ments for export from Chicago,
Peoria, st. Louis, Mo-, and related
points.
Evening star., 1939-06-21
Republic Steel Plans
New Pipe Furnace
BY the Associated Press,

YOUNGSTOWN, Ohio, June 21.-
Republic Steel Corp. will build a
Fretz-Moon continuous gas butt
weld furnace here. Contracts for
the machinery have already been
awarded, said officials.
The furnace, costing probably
100000, will make butt-weld pipe
one-eighth to 4 inches in diameter
and in lengths up to $50 feet.
Evening star., 1939-06-12

would be used to construct barracks.
The balance, he said, would permit
completion Of runways to take care
Of additional planes.
Evening star., 1939-06-12
GaI|audet Reunion
Will End Tomorrow

Some 500 alumni of Gallaudet
College will wind up the 17th re-
union of the Alumni Association at
the college tomorrow. General busi-
ness sessions are planned for today
and tomorrow.
Biggest event of the reunion,
which is part of the 18th ami
cersary of the institution, was held
yesterday in the college chapel when
Ernest Draper, governor of the
Federal Reserve Board: President
Percival Hall of the college and Ben
Schowe of Akron, Ohio, gave the
addresses.
Mr.. Draper, son of former pro-
fessor at the college, outlined the
duties of graduates as ambassadors
of good will, and DR.. Hall reviewed
the work at the college and curri-
culum changes Mr.. Schowe told
of the last chapel lecture of Edward
Miner Gallaudet, first president of
the college.
Among those attending the re-
union were two daughters of DR..
Gallaudet, Mrs Grace Closson of
Newton, Mass, and Miss Katherine
Gallaudet of Hartford, Conn. DR..
Tom Anderson of the Iowa State
School for the Deaf. president of
the alumni association, presided.
A banquet was held at the May
flower Saturday night and a recep-
ton in the home of DR.. Hall the
night before.
Evening star., 1939-06-12

'S'ilAiIlA-h L VII L IL 81 IdSP.J
ried in the annual District appro-
prlatlon bills is legislation and sub
ject to point of order in the House.
He expressed the hope too that
the House Appropriation Commit
tee would demand during the con-
ference on the 1910 supply bill that
the Federal payment be cut back
to S5,000000. The Senate increased
the amount to $7,750.OO0.
Just before the tax bill was called
up the House passed three minor
local bills in rapid succession and
sent them to the Senate.
Lafayette Park Bill.
one OF the minor bills passed
INCLUDES property in vicinity of
Lafayette Park within provisions of
the Shipstead Act of 1880. which
regulates the height. exterior design
and construction of private and semi
private buildings in the vicinity of
certain GoVernment-owned property.
Another authorizes the Commits
sioners to sell. with approval of the
National Capital Park and Planning
Commission, District-owned prop
erty no longer required for public
purposes.
The third authorizes the Board of
Directors of the Columbia Institu-
ton for the Deaf to dedicate a por-
ton of Mount Olivet road northeast
as means of providing an approach
to an overpass over the Baltimore
and Ohio and Pennsylvania railroad.
All three of these measures require
Senate action.
Evening star., 1939-06-12
Rites Set Tomorrow
For Dr.. James H. Gore

Funeral services for DR.. James
Howard Gore. 80, distinguished
mathematician and geodetit, who
died Saturday at his home in
Friendship Heights. Md. will be
held at 3 pm. tomorrow in the
Oak Hill Cemetery Chapel. Burial
will be in Oak Hill Cemetery. The
body is resting at the chapel of
John R. Wright, funeral director,
1887 Tenth street NV.
The Rev. DR.. H. H. D. Sterrett
rector of All Souls Episcopal
Church, will conduct the funeral
services. Honorary pallbearers will
be DR.. Gilbert Grosvenor, DR.. John
Oliver LaGorce, DR.. George w.
Hutchison, DR.. Alexander Wetmore
Franklin L. Fisher, Dr. Paul
Bartsch, Dr. Henry Grattan Doyle,
DR.. Cloyd H. Marvin, DR.. Sterling
Ruffin, Frederic D. McKenney, John
S. Flannery and DR.. Frederic Ban
croft.
DR.. Gore was a professor emeritus
of George Washington University,
where he taught until 1909. He be-
gan teaching there in 1878, when it
was Columbian University
He had been commissioner gen.
eral to international expositions and
juror in chief of the Paris EXposi-
ton in 1900. He also had been
United States delegate at six inter-
national scientific congresses and
had received decorations from the
governments of Belgium, Bulgaria,
the Netherlands. France, Rumania,
Siam, Spain and Sweden.
DR.. Gore was life trustee of the
National Geographic Society, in ad-
dition to having been prominent in
many other scientific bodies.
Evening star., 1939-06-12
Durr to Be EIks'
Fluq Day Speaker

Seton Darr, president of the Dis
trict of Columbia Bar Association,
will be the principal speaker at the
annual Flag Day exercises of the
Washington Lodge of B. P. O. Elks
at 8 pm. Wednesday in the lodge
rooms, 919 H street NV.
John D. Fitzgerald, past exalted
ruler of the lodge, will give the his
tory of the flag and the Elks' Boys
Band will play. Vocal solos will be
rendered by Bernard T. Fitzgerald.
Evening star., 1939-06-12
DR.. J. R. Fitzpatrick
To Give ST. Johns
Address Tonight
80 to Get Diplomas;
Cadet Col. jenkins to
Deliver Farewell Talk

Or. John r. Fitzpatrick, provost
OF Columbus University, will de-
liver the commencement address to
80 graduates of st. Johns College
and their families and friends to-
night at 8:15 o'clock in Memorial
Continental Hall.
Diplomas will be awarded by the
Rev. Brother Dorotheus, F. S. c.,
formerly principal of the college.
Cadet Col. Edgar Joseph Jenkins
will deliver the farewell address.
Samuel Patrick McCarran, son
of Senator McCarran of Nevada,
will receive the Alumni Society
medal for scholastic excellence as
well as the Neligan Medal for
English composition. The Rover
award for scholarship and athletics
will go to Joseph Matthews Gala
CHER.
Other prize winners will be Ver-
non Francis Poore, the Fannon
medal for Catholic Evidence; Edgar
Joseph Jenkins, gold medal for
oratory and gold medal for cadet
colonel; Judson Duley Lincoln,
Gatu medal for captain of best
drilled company; Sydney Hurt
Wheatley, McGurn medal for eX-
pert craftsmanship.
UnderclasSman prize winners will
be Herbert Nicholas Munhall, the
Herman medal for best drilled non
commissioned officer; Charles Len
non Price, the Moran elocution
award; John Raphael Adinolfi,
Mothers Club medal for best
drilled cadet.
Ih0Se To he n1a aG11atoS nro.
Evening star., 1939-06-12
G. w. Alumni to Honor
Retiring Professors

The seven George Washington
University professors who will as
sumo the status of professors
emeritus at the end of the present
year will be honored by the General
Alumni Association of the univer-
sity tonight at $3.50 o'clock in the
Hall of Government at the uni
versity.
The glee club will sing several
selections and an informal recep-
ton will be held at the end of the
meeting by the retiring instructors
They are Profs. Paul Bartsch,
George Morton Churchill, Edward
Francis, Francis Randall Hagner,
George Nicely Henning, William
Carl Reudiger and Cecil Knight
Jones.
Evening star., 1939-06-12

Of serial numbers for all makes OF
machines.
Numerous Complaints.
The grand jury probe, he said,
would attempt to establish whether
the manufacturers were acting in
dependently or Under an under
standing to regulate prices.
"The investigation" he added,
should further lead to the restora-
ton of competitive conditions in the
industry through appropriate legal
proceedings"
So far, Mr.. Arnold said, the de-
partment's investigation of "numer-
Gus complaints" has resulted in
prima facie evidence of violation of
law"
Evening star., 1939-06-12
THE EVENING STAR, WASHINGTON MONDAY,

ago there were Is manufacturing
companies in the country while at
present, he said, there are only five
producers. -Four of these, he said,
manufacture and distribute 80 per
cent of the typewriters sold in the
United States.
The Assistant Attorney General
also declared that since the field
of manufacturing was reduced by
80 per cent in the 20 years studied
by Federal Investigators, prices of
machines have been raised num-
ber of times. Today, he said, the
four principal manufacturers sell
their typewriters at identical"
prices.
Remarkable Pattern.
In announcing investigation into
the sale and distribution of type
writer's throughout the United States,
Mr.. Arnold said there was a "re-
markable pattern" of uniform con-
duct in business dealings by the
major companies.
Such pattern" conformity, he said,
inevitably raised the suspicion that
lit scarcely could be maintained in
the absence of concerted action"
The Federal official said manufac-
turers made similar allowances for
used machines in exchange for new
ones, and that to prevent any COM
plications in such valuations the
manufacturers followed schedule
Evening star., 1939-06-12

Altimont. Orlando w.
Alulsl, Francis j.
Amatucci, Thomas M.
AnaStaSl. Sarto J.
AnSelmo, Raymond J.
Auth. Bernard B.
Barrett. Thomas F.
Batchelder. c. F.
Battlsta, Albert J.
Blinkhorn. j. H.
BOWes. James E.
BOYLE. Robert P.
Broderick. John K.
Browning, J. O'S.
Cahlll, James d.
Carley. James J.
C8ylor, Claude C.
Chambers. w. w.
Constantine, w H.
Cooper. ALVIN j.
Crlsmond, Louis A.
Cross, John c.
DAILY. Francis j.
Dempsey John A.
Downey. Harry L.
Eakle. Norbert 6.
ECan Joseph P.
Feriozi, Dante J.
Gallagher Joseph NJ.
Gladmon. Robert 7.
Clock, James j.
Goodwin. William V.
Gordon, Harold T.
Griffin. Earl W.
Hicks, Robert j.
Hughes. James R.
Hunt. Martin F.
Hunter. Donald V. o.
Jenkins. Edgar j.
Johansen, William F.
Evening star., 1939-06-12
Army Bill Asks $498, 900
For LunoIey Field

By the Associated Press.
The supplemental military ap-
preparation bill for fiscal 1910, in
troduced in the House today,
included $498,000 for housing and
runways at Langley Field, Va.
Maj. Gen. H. H. Arnold, chief
of the Army Air Corps, told a House
Appropriations Subcommittee dur
ing hearings on the measure $27O 900
Evening star., 1939-06-12
Minnesota Society
Elects Stephens

Clifford S. Stephens has been
elected president of the Minnesota
State Society for 1939-40.
Rowland E. Dobbins was named
vice president; Charles w. Curran,
treasurer, and Olive Prior Erickson.
secretary. Three-year Board of
Governor appointments were Sid
ney Dean Sarff, Donald w. Larson,
Senator Ernest Lundeen, Represen-
tative William Pittenger and DR..
Walter E. OmundsoA.
Mr.. Stephens announced a phone
had been installed at headquarters
to speed up the organizations work.
The new number is Republic 2Ol3.
Evening star., 1939-06-12
Foxworth to Direct
New York F. B. !. Office
BY the Associated Press,

ASSOCIdte0 EIcoS.
The Justice Department an
nounced today the appointment of
T. E. Foxworth to direct the New
York Office of the Bureau OF Investi-
CATION.
Effective tomorrow, Mr.. Foxworth
succeeds in that post Dwight Brant-
ley, who goes to the F. B. I. Office in
Kansas City. Mr.. Foxworth was in
charge of special F. B. I. squad
which made the investigation into
the case of Martin r. Manton, re-
signed Circuit Court Judge recently
convicted on charges of selling
justice.
Evening star., 1939-06-12
Probe Of Typewriter
Industry Launched
Jury Seeks to Learn
If Prices Are Fixed
By Joint Action
By the Associated Press.

By the Associated Press.
NEW YORK, June 12.-The Gov
ernment today started grand
jury investigation of the typewriter
industry to determine whether
manufacturers were engaged in
monopolistic or collusive practices.
Thurman Arnold, Assistant At
torney General, said the inquiry was
under the direction of Attorney
General Frank Murphy In a state
ment, issued at the Federal Court
House, Mr. Arnold said the investi-
cation would seek to find out
whether there was any progressive
Capitalization" in the production
and sale of typewriters by the man
ufacturers.
Mr.. Arnold noted that 20 years
Evening star., 1939-06-12
T axes

(ContinrHd From First Page.)
Evening star., 1939-06-12
Euston'Choir Member
Drops Dead in Church
BY the Associated Press.

BY tht Associated Press.
EASTON, Md, June 12.-Frank G.
Carey, 73-year blind member OF
the Calvary Methodist Church choir
SO years, sang with the choir for the
last time last night. s,
While singing the flynn Saviour
More Than Life to Me-" with the
choir and congregation, Mr.. Carey
was stricken with a heart attack
and dropped dead.
Evening star., 1939-06-12
Nofre Dame Academy
Graduation Is Held

The Rev. James A. McCarl, S. j..
vice president of the Loyola High
School, Baltimore, Md. yesterday
delivered the commencement ad-
dress to Al graduates of Notre
Dame Academy and their friends
and relatives in Gonzaga College
Hall.
Rita Degen read the class essay
on The Point of Contact" The
exercises we're the 65th of the school.
Graduates arc.