davidaulloa/AmericanStories huggingface dataset:
Evening star., 1939-07-28
Foreigners Resume
Heavy Purchases Of
j. ). Securities
Treasury Reports Shift
After Three Months
Of Liquidation
BY the Associated Press.

BY the Associated Press.
Foreign investors resumed heavy
purchases of American securities in
April, the Treasury disclosed yes
terday.
After three months of almost
consistent liquidation of their
American holdings to the extent
of approximately s3O,0O00O0, the
foreigners bought S3l,269,000 more
American securities than they sold
in the five weeks ended May 3.
Earlier in the year the unofficial
British ban on purchases of Ameri-
can securities and other factors
deferred foreign investors.
The transfer of funds to pay for
the securities was a factor in a
total net movement of 1888 ,996 900
of foreign capital into the United
States in the fiVe-week period. This
brought the total movement Of for
eign funds to this country since
the first of the year to S744,463, 900,
VI AlASlS SIloi4 iOuUlC tllC llSl lOldl
for all of last year.
Included in the foreign money
that arrived in the five weeks end
ed May 3 were S372,164000 of Short
term banking funds and S10,44l 900
in brokerage balances, offset by
withdrawal of S24,878,000 of capital
because of the foreign purchase of
foreign securities formerly owned
in this country.
Net purchases of American Sc
curities by foreign countries for the
flve-Week period included S6,3l5 900
by England, S1.653,OOO by France,
S7739000 by the Netherlands, S1O,-
10000 by Switzerland, S636,O00 by
Canada, S1.21O,o00 by Latin Amer
lea and S2,965,000 by the Far East.
Germany and Italy were the only
sellers, Germany liduidating $780,
900 and Italy $4,000 of American
securities.
Evening star., 1939-07-28
Wallace Sees Aid
For PouIirymen
In Lending Bill
Congress Is Also Told
Increased Consumption
Is Solution to Their Ills
By the Associated Press.

by the Associated Press.
CLEVELAND, July 23.-Passage
of the administrations So 400 900 900
lending bill, Secretary of Agriculture
Wallace said today, "Would have a
very real effect on the demand for
poultry, dairy products, hog prod
ucts and these types of agricul-
tural products"
The reason is" said Mr.. Wallace
at a press conference at the Sew
enth World Poultry Congress, that
income goes up and down with pay
rolls which in turn are affected by
the flow of capital.
Il think every one would prefer
that the volume of capital flow
come from private industry, but if
it doesn't come from there, it must
come from somewhere else"
The Secretary later told the con-
greSs in a prepared address, "the
only way to make consumption keep
step with production is to increase
the consumption of the lower in
come groups. No other general So
luton of the problem is conceiva-
BILE" he said.
Here an dthere single nations
may find outlets for their excess
production in exports" he said.
But the poultrymen of most ma
tions will have to depend largely on
Joroac bolo,,oo ba+nao,, core,
ton and production for enlarging
the market.
The rising place of poultry in
the farm economy reflects once more
the difference between producing for
the domestic and producing for the
foreign market" he declared. Crops
that we produce heavily for export,
with the exception of tobacco, are
in a much worse relative price posi-
ton than the crops produced mainly
tor consumption in this country"
Mr.. Wallace officially opened the
1l-day congress.
w. D. Termohlen, chief of the
Agricultural Adjustment Admins
tration's poultry section, said the
congress-bringing $4,000 birds from
nearly 40 nations-wants everybody
to eat an egg day.
The congress has prepared a COL
lection of egg and poultry recipes
to try to popularize the industry's
products. 1t also is holding, during
the ll-day meeting, an egg meal
menu contest
"Nutritional specialists tell us the
average person should consume at
least one egg day." said Mr.. Ter
mohlen. The so-called upper third
of our population consumes pretty
close to that amount. The middle
third runs about 220 eggs a year.
But the lower third will run around
only IA eggs a year"
One move designed to improve
consumption in the lower third and
bolster the market when there is
an oversupply is the A. A. AS egg
buying program, he said. Late in
May A. A. A. started buying eggs to
distribute to relief clients and has
spent about S600000."
Evening star., 1939-07-28
Seaboard Railway Shows
Increase in Revenues
Special Dispatch to The Star.

SbSNthA D4epdtIAi W LlS StdI
D. NORFOLK, Va, July 28.-Total
operating revenues for the Seaboard
Railway for June amounted to
s3,l62 ,044, an increase of S3835l8 or
1880 per cent over June of 1898, L.
r. Powell, jr., chief executive officer,
announced today
Freight revenue amounted to ST.
486 528, an increase of S242 1872 or
.10.80 per cent over the same month
last year. Passenger revenue for
June, 1899, was $685. ,412 as compared
with S276,766 for June, 1888, an in
crease of S106 ,646, or 1926 per cent,
and was higher than that for any
corresponding month since 1929.
The Seaboard's earnings for the
six months ended June, 1889, as COM
pared with the same period of last
year are shown below:
mos. ended mos. ended
June, 1899 June 1885
Freight revenue Sl7025,S ,S02 Sl5,91O. l62
Passenger revenue 3.641 1,146 3O35 3 l3
o a ! operating
revenue %, S34. 600 2lO9l,SSO
Net railway oper-
ating income 1,612,62S 1055,750
Evening star., 1939-07-28
Helm Heads Board
OF RusseII-MiIIer
BY the Associated Press.

BY the associated Press.
MINNEAPOLIS, July 2e.-Harry
S. Helm was elected chairman of
the board of the Russell Miller
Milling Co. of Minneapolis, Charles
G. 1reys was named president and
Leslie F. Miller treasurer in promo
tions voted yesterday by directors.
H. F. Mulroy, who has been vice
president in charge of the COM
pany's Buffalo mill, was named gen.
eral manager, with headquarters in
Minneapolis.
Helm has been president since
1922.
Directors also declared a semi
annual dividend of So a share on
common stock, payable September
Evening star., 1939-07-28
Canadian Dollar
Returns to Par
At New York
By the Associated Press.


NEW YORK, July 28.-The Cana
dian dollar climbed back to par In
terms Of the American dollar to-
day and was offered at a fiat 100
cents in foreign exchange dealings,
the highest since April, 1888.
The climb to parity with the
American currency represented a
slow, steady rise that got under
way two months ago when the
Canadian money was available at
around 99625 cents, or ss cent dis
count.
Responsible for the rise, traders
said, was a general expansion in
Canadian exports, including wheat,
paper and pulp products and metals
which usually gets under way
around April each year when navl-
cation on the Great Lakes opens.
Also a factor were recent offer
ings of new Dominion and provin-
cial securities.
Evening star., 1939-07-28
Curtiss-Wright Nets
S1,672,647 During
June Quarter
Result Compares With
81 ,447, ,e5l Recorded
In 1888 Period
By the Associated Press.

By the Associated Press.
NEW YORK, July 28.--Curtiss-
Wright Corp. and subsidiaries, air.
plane manufacturers reported for
the quarter ended June 80 net
profit of $1,672 SAT, equal to IA cents
a share on the capital stock This
compared with ST l,447,951, or II cents
share, in the June quarter last
year.
For six months profit was So
'370,804 equal to % cents a share,
compared with S2,18l,6 ,662, or IA
cents, year ago.
Wright Aeronautical.
Wright Aeronautical Corp, con-
trolled by Wright Corp.
reported for the June quarter net
profit of $l,099,301, equal to $l.83
. a capital share, compared with
Sl,08l ,958, or $3.50 a share, in the
comparable period last year. This
brought six months earnings to
S2,331 ,036, equal to 1888 a share,
against Sl668,24 or $278 a share,
a year ago.
Seiberling Rubber.
Net profits of $106,647.98 in June
before the deduction of Federal in
come taxes was reported by the
fSeiberling Rubber Co. yesterday
June earnings year ago were
sS50,964. The company's net earn
ings in the last eight months to-
tailed S591, ,70459, compared to S33,-
599.75 for the same period in 1888.
After allowing for dividends ac-
cumulative on Glass A and B pre-
ferred stock during that period the
earnings are equivalent to S19l
per common share.
Evening star., 1939-07-28
FOREIGN Markets

LONDON. July % LP-The stock market
account sales later. muddied the list Brit
ish funds held firm and transatlantic
issues edged forward. Japanese loans were
again marked down in the foreign group.
Demand for rayon stocks high-lighted deal
ings in industrials. Profit-taking clipped
some domestic rails while oils and rubbers
were evenly maintained. few weak spots
appeared among colds.
PARIS.-Bourse trading struck firm
note today. Turnover remained slow how
Anglo-Russian pact and publication of the
new DEGREES. Rentes closed Is centirnes
higher to 25 lower
Evening star., 1939-07-28
New York Produce

NEW YORK. July 2s L4r.-Eggs q, ,5s6;
extra fancy, 19-23h4; standards, is1a:
hrsts; 1914, seconds. 15-l5a4; mediums.
10; dlrtles' No. l, 15; average checks. IA.
32. Nearby and Midwestern, premium
marks: 26la-29; exchange specials, rs;
exchange standards. p 12-22 Resale of
nearby heavier mediums. 22R-27 Nearby
and Midwestern. exchange mediums, ii %
Browns: Nearby, extra fancy 24k-29
Nearby y, and an Midwestern, exchange spe-
Nearby mediums 90. -
Duck eggs: Nearby, 1920
Butter; 1,o74 934, easier. Creamery:
Higher than extra. 24a4-25Ia; extra (92
score): 24H-1a: frsts (ss-915. 221a -2354;
seconds (S4S7). 2OA-2l4
Cheese, 165.9o9 steady. Prices un-
changed
Evening star., 1939-07-28
Time Business Index
Drops During Week
BY the Associated Press.

BY the Associated Press.
NEW YORK, July 28.-Time Mag
azine'S index of business conditions
declined last week from 95.7 to
95.3, after advancing for four sue
cessive weeks.
A drop in spending in large finan-
cial centers was responsible for the
decline in the index, which is de-
signed to reflect changes in under
lying conditions likely to affect the
volume of business.
Spending activity in trade CEN
tiers continued to improve.
Evening star., 1939-07-28
| Structural Steel
Orders Soar to
| 2-Year Peak
BY the Associated Press.

by ITtG fEAUVIUItU II IGoS.
NEW YORK, July 26-June ship
ments of fabricated structural steel
were the largest for any month in
the last two years, the American In
stitute of Steel Construction report
ed today
Total shipments were 1913 1895 tons
compared with monthly average of
1l1,000 tons for the year to date.
New orders booked during June
were larger than any month in the
first quarter but smaller than April
and May. The total was 109,267 tons.
Evening star., 1939-07-28
Member Bank Deposits
Climb al New York
BY the Associated Press.

By the Associated Press.
NEW YORK, July 28.-Member
bank deposits for reserve account
with the Federal Reserve Bank Of
New York rose about $4,000, 900
during the past week, the banks
condition statement disclosed.
Federal Reserve notes in actual
circulation declined around S.
100000.
Gold certificates on hand and due
from the United States Treasury in
creased about S49,000,O00. The
United States treasurer general
account with the bank fell around
$70O0,OOO.
The condensed statement follows:
Gold certificates on hand
and due from U. S. Treas
ury ---- Sc sos go. 900
Total reserves ----- 6.10S 96a. 900
Bills discounted:
Secured by U. S. Govt OBJ
legations 1o1OOO
Total bills discounted 1O75, 600
Bills bought in open market 21S.000
industrial advances 2.794. 900
Total U. s. Govt securities 729 622 900
Total bills and securities 133 1O9 900
Uneolecte6 items l66.7l5.O00
Federal Reserve notes in
actual circulation = 1,122 212. 900
Deposits:
Member bank-reserve ac-
count --- 5 $50. 3e1, 900
Total deposits ---- 6,242 957 900
Ratio of total reserves 10 deposit and
Federal Reserve note liabilities combined.
81 Il per cent
Evening star., 1939-07-28

Quotations furnished by Investment
Bankers Conference. Inc. which states they
Do not necessarily reflect actual transac-
tons or firm bids or offers but should
indicate approximate prices and unless
otherwlse indicated are as quoted by the
sponsors or issuers
mot quoted by sponsors or issuers.
Evening star., 1939-07-28

+EX-dividend. b Books closed stock called
for redemCtion September 5, 1899
+ Plus extras ego extra f3es extra
9 Sl4 90 extra paid December 20. 1888.
< 2Qc extra N ns 81 90 extra p50c paid
extra.
Evening star., 1939-07-28
London Bar Gold

LONDON. July. % lP,.-Bar gold, 14ss
Sad. unchanged Equivalent, S34.77D
Bar silver 16i5d, UP Is. Equivalent. 35.15
Evening star., 1939-07-28
MISCELLANEOUS

MISCELLANEOUS
Chevy Chase Club lst 4I4s l04
Col Country Club lst 4As lob
Ter Ref g. VIII Corp lst Has 103h
Evening star., 1939-07-28

More than 350,O0O tons of COPPER
was mined in Chile last year.
Evening star., 1939-07-28
Investing Companies

NEW YORK. July -2s lP.-Investment
Bankers Conference, Inc:
Evening star., 1939-07-28
(Reported by Smith, Barne

i Japan Is urging its people to wear
7ooden shoes and thus save leather.
Evening star., 1939-07-28
AFTER CALL.

Potomac Electric Power 5l2qo pfd.-
10 at 1855, 10 at 1855, 10 at
115@s
Washington Gas Light pfd.-1O a.
10734.
Evening star., 1939-07-28
Washington Exchange
SALES.

SALES.
Capital Transit Co-62 at 13.
Potomac Electric Power So pfd.-
5 at 1T.
Washington Gas Light pfd.-l0O at
10712.
Evening star., 1939-07-28
Insurance Stocks

NEW YORK. July % LP.-Investment
Bankers Conference, Inc:
Evening star., 1939-07-28
U. S. Treasury Notes
NEW YORK. July % LEH.-Prices ouotet
in dollars and thirty seconds:
Approx.
sked.yield
Federal Lund Bunks

NEW YORK. July 2s lR.-Federal Land
Evening star., 1939-07-28
BONDS

PUBLIC UTILITY,
Evening star., 1939-07-28
STOCKS

PUBLIC UTILITY.
Evening star., 1939-07-28
Dividends Announced

NEW YORK. July 2S.-Dividends de-
clared prepared by Fitch Publishing Co.
Accumulated
Evening star., 1939-07-28
Short-Term Securities

q Also extra or extras.
Imperial Valley press., 1939-01-16
Nine Senfencedin
Police Court Here

Nine persons, one a woman, were
sentenced Monday in El Centro
police court on vagrancy, drunken
ness or disturbance charges.
Mr. and Mrs. John Conn were
sent to jail for go days for drunk
enness after their arrest Saturday
night. They had been arrested pre-
viously on a similar charge and
served so days after violating terms
of suspended sentence.
VALLEY Soil. Negro, was free un-
der a ten day sentence. suspend
ed on condition he leave town. He
was arrested proving in an alley.
Amador Candillo, Bill Kama, A.
Arrala and E. R. Hofmeister were
sentenced to pay $40 fines or serve
five days in Jail. Hofmeister. who
claimed he was an interior decor
ator, was begging on Broadway
The others were accused of drunk
enneSs.
William Dennis, arrested several
times before. was ordered to serve
60 days in Jail and Aurelio Collage
was ordered to serve 7l2 days or
pay a SIS fine for drunkenness.
Imperial Valley press., 1939-01-16
Hunting Accident
Victim Buried in
EI Cenfro Monday

Funeral services for Larry George
Porter. l8, victim of a hunting ac-
cident near Calipatria late Satur-
day. were held at the Lemons cha
pei in El Centre at 3 p. m. Mon
day.
The youth was shot through the
heart when a gun discharged as it
fell from the running board of an
automobile in which he. his father,
and three companions travelled to
gather wood and hunt rabbits 90
miles from Calipatria
Walter Vale. 81. was with Por-
ter when he was shot. Deputy Cor
Cner Herbert Hughes said, and he
died in his arms.
sonny. I've shot myself, Vale
said were Porter'S last words. Vale
ran more than a mile to summon
the dead boys father Claude Por-
ter. and Walter Smith Harris. and
George Springer.
No inquest was held The youth
was buried at Evergreen cemetery.
Imperial Valley press., 1939-01-16
High Court Takes
New Gold Clause
Case for Hearinu

WASHINGTON, Jan. l6. UP)-
The supreme court today agreed
TO review two new cases involving
certain aspects of early New Deal
days The cases were similar to
one which already has been prom
ised review.
The gold clause cases were ac-
cepted after a brief opinion ses-
SIGN at which no important deci-
Sions were reached.
The court thus delayed for at
least two weeks more its opinions
in the test of the Tennessee Valley
Authority poSer program, the ques-
ton CT whether the child labor
amendment to the constitution is
still before the states for ratifica-
ton, and disposition of fees i'm
pounded during the litigation over
the Kansas City stockyards rate
litigation.
The court recessed for two weeks
to be devoted to opinion writing
after today's session.
The new golG cases concern bonds
of the Bethlehem Steel Co. and
the st. LOUIS southwestern Rail
way Co. A case involving the rail-
road bonds already has been ac-
cepted.
Imperial Valley press., 1939-01-16
Auto, Truck Owners
Pay in S3O,9Ob
For 80 Licenses

Automobile and truck owners Of
Imperial county paid S30,906 for
1899 license plates during the first
IL days of the annual renewal
period.
The big rush is expected TO oc-
cur within the closing weeks of the
period which ends Feb. 4. The
amount collected last year was
Sl20,000 for the whole period
Clerks at the highway patrol
office in the court house base
ment handed out 3.257 sets of
plates for pleasure cars in the first
II days of the renewal period. The
total to be distributed exceeds 25.-
900 sets.
Captain Frank OSwalt urged car
and truck owners to apply for their
licenses Immediately and avoid
standing in line during the last
days before the penalties go into
effect. The office will be open for
plate distribution every day during
regular office hours except Sun
day.
Imperial Valley press., 1939-01-16
Riley Predicts
Biq State Deficit

SACRAMENTO. Jan. 16. CUP) -
State Controller Harry B. Riley to-
day predicted CALIFORNIA; general
fund deficit-almost doubled a week
ago when Gov. Culbert I. Olson
signed a s2O,OO000O relief appro-
priaticn-would reach s43. 500 900 by
the end of the fiscal year. June 80.
The deficit, Riley pointed out,
includes the s19.975,O0 Emergency
Relief appropriation passed by the
1899 legislature, sl4,20O.0OO carried
over from the first biennium OF
ex-Gov. Frank F. Merriam's ad-
ministration and about s10.000000
for the current biennium.
Imperial Valley press., 1939-01-16
PIasterer Pastes
Golf Pro, Jailed

A isagreement between a self
styled golf professional and a
"plastered" plaSterer landed both
in jail Monday facing 20 day SEN
tences. The golf pro nursed a BAN
daged head.
Danny Grogan, Sc, itinerant la
borer, was arrested at the hobo
jungles" north of El Centro after
a police report that a man had
been beaten. Gruce Cavity Alexan-
der. the golf pro-. was found
al a filling station suffering from
a Dashed head and the making of
a hangover. Grogan admitted
swinging a bottle that connected
with AleXander'S skull.
Last week Alexander was arrest
ed near Meloland with a pair of
pants stolen in Holtville, but the
refused to sign a COM
plant
Imperial Valley press., 1939-01-16

N%AHANAAA%NN ~ @~CAseNAA ~ @NsNAANNA6
one time NR.A administrator and
counsel for the west coast firm.
Richberg said the Bank of Amer
lea National Trust & Savings as
sociation. in which trans America
Corp. holds a Al per cent stock
interest, filed suit today in federal
district court for an injunction to
restrain the SEC from including
Bank of America in its trans-A Am
erica inquiry
The SEC charges Trans America
with filing false and misleading
statements of fact"
Richberg proposed to SEC Trial
Examiner Henry Fits that. in view
of the injunction request the in
quiry proceed without reference to
Bank of America. John o. Rogge.
assistant SEC general counsel. pro-
tested vigorously, charging that
granting this motion would. in ef-
feet. reverse the SEC order calling
for the hearing.
Fits ordered the hearing to pro-
ceed as scheduled, pending receipt
of official notice by the commits
Imperial Valley press., 1939-01-16
DunIaps Announces
Big January Sale

To clear their shelves for new
merchandise which is already on
the way, Dunlaps department store,
Ell Centro, Monday launched a
huge store-wide sale that will last
through January. Bargains galore
are offered.
The mid-seaSon sale is an an
nual event which is anticipated
with keen interest by gratified Gus
toners who have profited by those
of previous years. C. H. Dunlap,
owner of the Dunlap stores, an all
California corporation, announces
hundreds of exciting bargains in
every department. Among the many
featured items will be special buys
in women's and children's cotton
dresses and numerous other items
of ladies ready-to-Wea greatly
marked down yardage. Christmas
robes at extremely low prices, shoes
which have been much reduced in
price and many other useful items.
Imperial Valley press., 1939-01-16
Conference Views
Juvenile Problems

FRESNO. Cal, Jan. 16. CUP) =
Coordination of all social and civic
agencies as a means of reducing
juvenile delinquency was urged to-
day by Kenyon j. S. Scudder, Los
Angeles county probation officer.
Addressing the San Joaquin Val
ley conference on community CO.
ordination for delinquency preven-
ton here this weekend, Scudder
said the cooperation of public bo-
dies had decreased juvenile delin-
quency in numerous cities where it
was tried
Imperial Valley press., 1939-01-16


charged under city or state syndi-
caliSm statutes. The men were then
released.
The handbills were to have been
distributed, police said, before day
break Sunday. They were confis-
Gated at a Bund costume ball. The
dodgers urged Christian vigilan-
ties" to arise" and read:
Buy gentle. Employ gentle. Vote
gentle Boycott the moviesl Holly
wood is the Sodom and Gomor-
rha. where international Jewry con-
trolls vice-dope- gambling; where
young gentle girls are raped by
Jewish producers, directors. cast
ing directors who go unpunished.
The Jewish Hollywood anti
Nazi league controls Communism
in the motion picture industry
Stars. writer's and artists are COM
Imperial Valley press., 1939-01-16
Ex-Los Angeles Cop viii Tell All
In Civil Service Sales Scandal

before returning here to face trial
on an indictment charging him
with perjury before the 1898 county
grand jury.
The district attorneys office said
Del Gado was expected to tell Fits
the inside story of sales of many
civil service jobs in the police and
fire departments during the admin
istration of former Mayor Frank
Shaw.
Del Gado fled to Mexico the day
he was scheduled for arraignment
on the perjury charge.
Imperial Valley press., 1939-01-16
U. 5. Court Upho|ds
Right of Ex-Judge

NEW YORK. Jan. l6 CUP)-The
United States circuit court of ap-
peals in a unanimous decision to-
day upheld the right of former Su-
preme court Justice Willis Van De-
Vanter to sit in the district court
CT New York.
The decision was handed down
by Judge Harry B. Chase in the
appeal Of Nc Gle John Moore from
his conviction last February "a on
charges Of violating parole by CIV
ing allegedly perjured testimony in
the mail fraud trial of william J
Graham and James Mckay. con-
victed Reno. New, operators.
Imperial Valley press., 1939-01-16
A Three Days Cough
IsYour DangerSi

No matter how many medicines
you have tried for your common
cough, chest cold, or bronchial irri-
tation, you may get relief now with
Creomulsion. Serious trouble may
be brewing and you cannot afford
to take chance with any remedy
less pctent than CreomulSion, which
goes right to the seat of the trouble
and aids nature to Soothe and heal
the inflamed mucous membranes
and TO loosen and expel germ
laden phlegm.
sEven if other remedies have failed,
don't be discouraged, try Creomul-
sion. Your druggist is authorized to
refund your money If you are not
thoroughly satisfied with the bene-
fits obtained. Creomulsion is one
word, ask for it plainly, see that the
name on the bottle is Creomulsion,
and you'll get the genuine product
and the relief you want. (Adv0
Imperial Valley press., 1939-01-16

LOS ANGELES, Jan. 16. (UP) -
Peter Del Gado, fugitive former po-
liceman and key figure in the civil
service scandal investigation was
reported in Mexico City today to
be prepared to tell all" in an eX-
change for immunity.
District Attorney Buron Fits, ac-
companied by his chief deputy, Eu-
gene Williams, flew to the Mexican
capital Saturday with Attorney
Manuel Ruiz.
It was understood Del Gado will
negotiate with Fits for concessions