davidaulloa/AmericanStories huggingface dataset:
Evening star., 1939-05-12
Chain Store Volumes
Continue 10 Show
Gains in April
SuIes of Is Concerns
Rise 7.6 Per Cent
Above Year Ago
Special Dispatch to Ths Star.

special D1Spatcn 70 Ine star.
NEW YORK, May 12.-Chain
stores continued to show . sub
stantial upward trend in sales
volume in the month of April, ac-
cording to the monthly compilation
released yesterday by Childs. JET
fries & Thorndike, Inc.
The first Is chains to report had
an aggregate April volume Of $780,
267,215, an increase Of 1851 ,263,
or 7.6 per cent, over the same month
the previous year. For the four
months ending April 80 these same
chains had sales totaling $s7s,-
951 ,233, which compares with sales
of $500, IT'S ,226, an increase Of $58,-
176,007. or IL per cent, above the
same period of 1898.
This showing compares favorably
with April, 1887, when the same
chains reported sales of $244 ,399 ,319
and for the like four months period
in that year of 1851 ,293 ,262, and
again with April. 1898, when they
reported sales of 1920, ,897 IT'S, and
for the same four months Of $746,-
210,448.
Following is a compilation of the
sales of the Is chains for April and
for the four months arranged in
prOlInS.
Evening star., 1939-05-12
$3.50, ,267,2I5 Sa41.9l5.s6s
Ss7s,95l,233 sseo,775.22

The showing made by these chains
was considered very favorable, but
several factors tended to keep the
sales volume from being even
greater. The cold weather and
storms in many portions of the
country in the first half of April
increased the usual lull in retail
sales which generally follows the
Easter buying.
Another factor that undoubtedly
kept the sales volume from moving
still further ahead was that only one
week of the Easter buying appeared
in Aprils figures, while last year
two weeks were included, Easter
coming a week earlier in 1899. To
obtain a true picture of March and
April for this year as compared with
the same two months in 1896, those
two periods must be added together
and compared.
Below Is q comparison Of the
chain stores sales change over the
same period of the previous year
for the two months periods Of
September and October, November
and December, January and Feb
ruary and March and April, show
ing the rising trend in sales volume
for the Is chains:
September and October, So;
November and December, +34;
January and February, ISL; March
and April, 48.4 per cent.
Evening star., 1939-05-12
Electric Appliance
Sales Up Sharply
From Year Ago
Household Refrieerotors
Lead Procession to
Higher Levels
Special Dispatch to The Star.


NEW YORK, May 12-March
sales Of major electric appliances
showed large gains in practically all
lines, bringing the first quarter Of
this year well ahead of the same
period in 1898. according to the sta
tistical barometer published each
month by Electrical Merchandising
Household electric refrigerators led
the procession, with March sales
not only better than February by
more than $1,000 units, but greater
by more than $4,000 units than the
Volume of March, 1888. In per-
centage of increase March volume
was 27.25 per cent better than Feb
ruary, 1899, and 44.35 per cent over
March, 1898. For the combined
months of January to March, 1889
sales totaled 6O0280 household
models, or Ala per cent more than
the comparable 1898 output of 424.-
4l2 units-the second highest first
quarter business in the industry's
history, with only 1875 first quarter
exceeding the present output.
A similar situation prevailed with
household electric washing machines.
March sales progressed far above
the 1898 record by 1856 per cent.
The major portion Of the gains, how
ever, were concentrated in the
under $40" models, so that dollar
volume was but 23l5 per cent ahead
of March, 1898. Likewise for the
flrst-quarter period the unit increase
amounted to 1903 per cent, but the
dollar volume was up only 1895 per
cent over the same period in 1888.
Unit sales of household electric
irons advanced 800 per cent in
March. 1899, over March, 1888. and
brought the volume for the three
months up to total of 27,831 ironers
The first-quarter volume was $50
per cent under the 30,517 sold in
the same months of 1888, however,
due chiefly to a falling of in buying
of the more expensive ironers.
Floor models of household electric
vacuum cleaners had the largest
FOlulllc Ill NAL Cli VI ally iIlOlillI olliCC
May, 1887. Sales totaled l22 ,785
floor units. up 1925 per cent COM
pared with March, 1898, and 1890
per cent compared with February.
1899. For the three months of 1899
the accumulative volume stands
about parallel with that of the same
months Of 1898. With hand cleaners
the picture was not so bright. Sales
for March fell 1748 per cent under
the comparable business of March,
1898. thereby running the three
months volume SO per cent under
the comparative period of a year
ago.
A spectacular increase of 46.70 per
cent was reported for March sales
of household electric roasters, COM
pared with March, 1938-thus eradi-.
eating the January and February
decreases of 2262 per cent and
$3.50 per cent and running the
three months volume up $50 per
cent beyond that Of the same months
of 1898.
Evening star., 1939-05-12
New York Produce

NEW YORK. May IL HN,-EeRs. 1857:
fancy. 1sH-2Ok.: standards. 1s; hIsts
I6h-h; seconds. 1534-16 mediums. 1874
dirties, No, ]. Is; ayeraKe checks. IA:
Whites: Resale Of premium marks. 2t2-
%. Nearby and Midwestern. premium
marks. 20la-22: exchange specials. 20: ex-
heavier mediums. I7ia-2l. Nearby and
Midwestern. exchange mediums. II.
Browns: Nearby. extra fancy. 2O.22.
Nearby and Midwestern. exchange specials
19-19la: EXCHANGE standards. IS. Nearby.
mediums. 16-f6l2.
Duck eggs. nearby. 1920.
Butter. 925.943: easier. Creamery. high
er than extra. 24h-25: extra !92 score,.
80 \ IA: frsts (Ss-9D. 21s4-23la: seconds
cheese. i7e. .05a: steadier. State. whole
milk flats. held 1898. 1919: current makes,
Dressed poultry irregular. Fresh: Boxes.
fowls. 36-42 pounds, 14-19: 1854 pounds.
1920; 6O-65 pounds 15h-2Oh. Frozen:
Boxes fowls, 1884 pounds. 20; 60-65
pounds; soh. other dressed prices un-
Live poultry. by freight. weak. Fowls:
eon.tsd; eelo,.d; ,s.,3 i5nIls; Iesh0rn'' 49, Old
BY express. weak. Broilers, Rocks. 49,
20; crosses: 16-l7h Reds: 14-ls; Leg
Lexhorns. 17-1s; Pullets: crosses: small,
90; Reds. small ~. Old ROSTERS. ID.
Turkeys. hens. 1926; younE toms. 20.
Evening star., 1939-05-12
Retail and Wholesale
Volumes Expand
Sharply in Week
Store SuIes Estimoted
5 to 10 Per Cent Ahead
Of Year Ago
BY the Associated Press,

By the Associated Press.
NEW YORK, May 12.-Both re-
tail and wholesale activities In the
Nations marts showed encouraging
expansion during the past week, the
Dun & Bradstreet weekly review
reported today.
Retail sales improved rather
sharply" the survey asserted, "and
wholesale trade benefited both from
an influx of recorders and from a
heavier volume Of advance orders
on staple fall merchandise.
"On the whole the picture seemed
somewhat brighter than a few
weeks ago, although there was as
yet nothing to indicate any sharp
reversal in the trend"
Retail business for the country as
a whole was estimated by the review
at to 10 per cent over year ago.
I'm individual centers," it con-
tinued, comparisons varied from
broad increases in few industrial
cities of the Middle West to severe
declines in sections of the Appa-
lachian area which had been hard
hit by the slump in miners pur-
chasing power.
THE vigorous advance in retail
trade had its counterpart in whole
sale markets. Thin stocks forced
retailers to replenish holdings con-
stantly. Their insistence on imme-
diate delivery and their prompt
complaints over any delay in ship
ment testified to the narrow inven-
tory margins on which many mer-
chants were operating"
Evening star., 1939-05-12
Chicago Livestock

CHICAGO, May IL, dp.-,tUnited States
Department Of Agriculture. .)-Salable hogs.
1000: active: fully steady to IS higher
than ThIrsdsy's aveIase- top. 7:25 IF freely ely
pounds. 6.75-7 10; 310-sO pounds. butch
ers. 6.4O-50; good 3So-500 pounds paekins
salable cattle: 1000: salable calves. 800;
fed steer trade nominally steady; :, not
enough here to make . market; best liEnt
steers, 1918. these going on PENNSYLVANIA
account. for further finishing: steers clos
ing higher than weeks low. time; steady
weak; cows weak but 25 to 40 cents under
late last week; cutter Grades mostly 10
down to 45O: kinds at inside price selling
up to 6.25 week ago: bulls weak to 2a
cents. mostly 1915 lower; practical top
weiGhty sausage offerings. 7.25: vealers
steady: choice weighty kinds up to 1880;
light offerings. 1000 down; good clearance
weeks supply stock cattle: hrm.
fed Wooied lambs. 1880: TOP clippers. a.6S:
today's trade around steady: early sales fed
ticaliy no fat sheep offered: small lot Colo
RADIO spring lambs, HOO.
Evening star., 1939-05-12
u. :. Rubber Granted
Interest Slash on
Mortgage Bonds
Insurance Companies
Agree on Rote Cut to
35s Per Cent
By the Associated Press.

BY the Associated Press.
NEW YORK, May 12.-United
States Rubber Co. disclosed yesterday
it had completed arrangements with
a group of leading insurance firms
holding practically all Of the COM
pany's $45,oOo,OOo issue of mortgage
bonds to reduce the interest rate
to 3ss per cent from Az per cent.
The present mortgage bonds were
issued in April, 1888, in connection
with the redemption of the COM
pany's previous per cent mortgage
bond issue.
Through the operation of the
sinking fund provisions the out
standing amount of the present
mortgage bonds has been reduced
to an amount which will total 49,
0O0, 900 as of July /, 1t was said.
Evening star., 1939-05-12
Foreign Exchange
(Reported BY Smith, Barney 4 COY

NEW YORK. May IL R-The British
pound droDped !. Of 2 cent IN terms ol
suilder lost still more Of rains made earlier
in the week
Future rates. however. which many for
eign exchange experts consider . better
index to sentiment in world markets. were
about UNCHANGED
The SPOT French franc advanced .O0i. Of
. cent. The Swiss franc lost .02 OF =
cent and the belsa .00h Of cent, L.,
lars others in cents): Great Britain. 4 6S:
6O-day bills: 4,67i.: Canada. Montreal in
mark, 2O.s1: Finland, 2.07h: France: 2.65:
travel, 81 15; Greece. ..s5h: Hungary.
1870 Italy 528A: Yugoslayia. 2.30:
Nshsrands sorRay, p0lsnd ns
den. 2412h: Switzerland. 22 ,48; Argen-
tina. 31.21n; Brazil: 6.05n: Mexico City.
90 DON; Japan. 27.31: Hong Kong. 2S.9S;
Shanghai. 1915. Rates in spot cables un-
less otherwise indicated. Nominal.
Evening star., 1939-05-12
Chicuqo Produce

CHICAGO. May 12 P:-Poultry, live,
45 trucks: hens easy: chickens hrm: hens
a: fryers, colored, II, Plymouth Rock
1872; ROSTERS 1lh: Leghorn a,o ro9sters:
white. IL small white. 10: other prices
Butter 91255a: easy: creamery. a3
score, 23N: 92. 23H: 90. centralized car
Eggs. 45,7O5: unsettled: fresh sraded
extra firsts. local. !6; cars 16E,: hrsts
local 1871: cars. 1874: other prices un-
Potatoes. n: on track. 273; total United
States shipments. $50: new stock, weak
supplies moderate. demand very SLOW
washed and o. 8. No. l. size B. U. S. No. ]
few sales 2O5: size B, 90; Alabama Bliss
Triumphs. U, s. No. |. few sales .90-2 10:
unwashed: 1.90-95: California Ions
Whites. Y; s.: No. /, 1.90.2;15 hundred
demand slow; Idaho Russets. o. 8. No. |,
few sales l.45-55; mostly l.45; Wiseonsln
Round Whites U. 8. No. l. large. 1.36 hun
dredweight.
Evening star., 1939-05-12
Boston Wool Market

BOSTON. May 12 a, United States De
partment Of Asriculture).. domestic woola
mand TODAY in Boston. Most Of the busi-
ness. however. was on vools that have not
yet arrived in Boston. Good French COMB.
ing length fine territory wools to be shipped
direct from producing areas to Eastern
users were quoted mostly 6t TO 81 cents.
secured basis. delivered. Brtght fleeces IN
quarter bloods. offered from producing
areas. were. selling mostly at 20 to 29ha
gents. "a the Hreaae delivsfsd ,E e uisfs; E
wool bfoVGht 30 cents. delivered
Evening star., 1939-05-12
Colgate Directors Decide
To Redeem Preferred
BY the Associated Press.

NEW YORK, May 12.-Colgate-
Palmolive-Pe Co., directors voted
Yesterday to redeem $4,000 shares Of
the company's 6 per cent preferred
stock on August at the call price
of s1O250 a share, plus accrued divi-
dends from July /.
Redemption will be by lot from the
list of stockholders of record May %.
Calling the stock will reduce out
standing preferred shares to slightly
more than $18,0OO,000. effecting a
saving in preferred dividends Of
100000 a year, equal to Is cents a
common share, the company said.
Evening star., 1939-05-12
Standard Of Jersey
Reports Big Drop
In 1888 Profits
$76,o53,l7o Compares
With $l47, ,9o3,l47 in
Preceding Yeor
~ the Associated Press.

~ the Associated Press.
NEW YORK, May 12.-Profits o.
Standard Oil Co. of New Jersey ir
1888 were SIC, 6,053,170, equal to $2.8t
. share on common stock, contrasteo
with $147,993,147, or 1854 a share
In 1887, the company's annual report
disclosed.
w. C. Teagle, chairman, and w
8. Parish, president, cited overpro-
duction, price declines in both crude
petroleum and refined products and
general business trends as influences
in the lower profits and sales vol
ume Gross sales were $l,173,729, ,82l
compared with 81 1903 900 351 for 1887
The executive reported that in
1888 most of the company's market
ing departments in the United
States were conducted with little or
no profit because of the narrowed
spread between wholesale and retail
prices"
Total sales of petroleum products
by Standard Oil of New Jersey COM
panies for the year were S343 !026, 400
barrels, with net sales at 302, lit 300
barrels.
"The proportion of the profits ac-
cruing from these sales, said Teagle
and Parish, "amounted to $64 69l 1927
and represents the earnings covering
all operations from the we'll to the
consumer, equal to half cent a
gallon. The balance of earnings de-
rived from investments includes
sales of pumps, tanks, chemicals and
natural gas"
Regarding foreign conditions, the
executives commented that it was
unfortunate" such large share of
economic activity and employment
abroad came not from normal fac
tors making for recovery, but from
government spending on arma-
ments."
The company's foreign business in
creased slightly, although profits
were under those of 1887, they point
ed out.
Radio Keith Orpheum.
The Irving Trust Co., trustee, re-
ported for Radio-Keith-Orpheum
Corp, consolidated net profit for
1888 of $18,604 after all ordinary
charges but before providing for
the dividend of 81 share on 42,543
shares of Keith-A -Albee- Orpheum
Corp, held by the public.
In determining the net profit in
dicated, deduction was made OF
S765 ,943 accrued interest on all out
standing secured 6 per cent notes
6 per cent debentures and per cent
notes Of the parent company.
The report compares with net in
come for 1887 of $1,821 ,l66, before
$297 ,801 dividends on Keith-Albee-
Orpheum preferred shares held by
the public.
Estimated net profit for the 13
weeks ended April l was S388,S23
compared with a net loss of S53 ,205
In the like period of 1898, both CAL
culations made on the previously
outlined basis.
United Carbon Co.
United Carbon Co. and subsidi-
aries reported net profit for the
March quarter of $459202, or $lI5
a common share, compared with
$438 1854, or Sl.10 a share, in the
like 1888 quarter.
Evening star., 1939-05-12
FOREIGN Markets

LONDON. May 12 GP.-Activity in the
stock market ouieted today. as attention
was drawn to the Danzig problem and
small weekend realizing sales. The in
dustrial group held steady although brewery
and merchandising issues closed firm.
Coppers moved higher and Atlantic
ish funds and oils were fractionally lower
PARASITIC Bourse closed generally
firm today. but the international group
eased. Rentes advances 10 to 145 CEN
times and Bank of France was up so
francs. Suez Canal lost so francs and
Royal Dutch was lower.
Evening star., 1939-05-12
Shading of Steel
Prices Spreads
From Detroit
BY the Associated Press.
CLEVELAND, Ohio, May 12.-

CLEVELAND, Ohio, May IL
Daily Metal Trade today says:
Price shading on f1at-rolled prod
ucts in the Detroit area has spread
to other districts, but producers
have taken no official action in the
matter of announcing formal price
reductions. Shading up to $11 a
ton is reported, but 81 to S. per
ton under the published market
appears to be the extent OF the
concessions on the bulk of current
offers. Some business, it Is under
stood, has been placed at the lower
prices, but the tonnage is Said to
be relatively small.
Evening star., 1939-05-12
Dry Goods Market

NEW YORK. May ~ lP.-Burlap de.
today reflecting weakness in Calcutta.
Routine business was reported in Worth
Street cotton goods. Rayon fabrics met
better inquiry and prices had frmer
tone. Silk goods remained quiet. with
buyers hndins few incentives under pres
ent conditions in the raw silk market
and retail deld. Wool fabrics again met
. brisk demand at hrm prices.
Evening star., 1939-05-12
| Most H. 0. |. T.. Holders
Accept Exchange Offer
3y the Associated Press.

The Treasury announced yester-
day approximately SO per cent of
the holders of $325 100000 worth of
IL per cent Home Owners Loan
Corp. bonds, which will mature June
l, had accepted an offer of new Sc
curities instead of cash payment.
The investors were offered their
choice of one-year % of l per cent
bonds or two-year Is of per cent
bonds of the H. o. L. c.
Evening star., 1939-05-12
AS Tons of Lead Sold

NEW YORK, May II CP-St.
Joseph Lead Co. reported $50 tons
of Southeast Missouri pig lead sold
yesterday at $3.50 per 100 pounds
East st. Louis, 200 tons at $4.80
New York and 125 tons at the New
York average.
Evening star., 1939-05-12

Scott Paper Co.
Earns $288,o83
In Quarter
By the Associated Press.

NEW YORK, May 12.-Scott Pa
per Co. reported net earnings for
the first quarter Of 1899 at sass, 1888,
equal to 46 cents q share on COM
mon stock, compared with 1886, Ala,
or 81 cents common share, in the
first quarter last year. Company's
main plant is at Chester, Pa.
Thomas B. McCabe, president,
announced completion of a $685.
600 plant expansion program, which
increased paper making capacity by
20 per cent.
Evening star., 1939-05-12

Also extra or extras.
Declared or paid 30 far this year.
Paid last year.
Quotations furnished by Investment
Bankers Conference Inc. which states
they do not necessarily reflect actual
transactions or hin bids or Offers but
should indicate APPROXIMATE prices.
Evening star., 1939-05-12
Smaller Loss Reported
By New York Central
the Associated Press.

By The Associated Press.
NEW YORK, May 12.-New York
Central Railroad reported March
net loss of $1,189,470, after charges,
compared with net loss of $780,
43l in March, 1888.
Evening star., 1939-05-12
Metal Market

NEW YORK, May IL R.-Coppei
steady; electrolytic, spot. 1OOO-10.5O; ex-
port 1O17ha Tin steady: spot and nearby
1900; forward. 4S.40. Lead steady; spot
New York. 4T5-sO: East st. Louis. 4 90
Zinc steady: East st. Louis. spot and for.
ward. $50. Pig iron. aluminium, antimony
quicksilver. platinum and Chinese vol.
frantic UNCHANGED.
Evening star., 1939-05-12

Quotation furnished by Investment
Bankers Conference. Inc, which states
transactions or Arm bids or offers. but
should indicate approximate prices. and
unless otherwise indicated. are - auotsd
sNot quoted by SPONSORS OF iSsueSA
Evening star., 1939-05-12

The record of building permit val
ues for the first four months of 1899
and 1898, for the 2l5 cities, is given
herewith:
Evening star., 1939-05-12
Washington Exchange
SALES-AFTER CALL.

Washington Gas Light pfd.-10 at
10534.
Capital Transit Colo at 14K.
Capital Traction $500 at 921a.
Evening star., 1939-05-12
London Bar Gold

LONDON. May IL R.-Bar gold 14ss
SID. up u penny. Equivalent, S34 .76.] }
3 1st ., silver: Liver. 2oad. on a. 0euivsisns
Evening star., 1939-05-12
Rubber Futures

NEW YORK. May ~ R,.-Crude rub
Der futures opened higher to- 2 lower.
May. 1920; July, 16.06b; September 1908.
Bid.
Evening star., 1939-05-12

Be your brothers keeper. He may
forget to watch the lights. Warn
him.
Evening star., 1939-05-12
Insurance Stocks

NEW YORK. May IL LP-Inyestment
Bankers Conference. Inc:
Evening star., 1939-05-12
Investing Companies

NEW YORK. May 12 UP.-1nvestment
bankers Conference. Inc:
moon quotations)
Evening star., 1939-05-12
Federal Lond Banks

NEW YSRk. May IL dn.-Fsderal Land
Evening star., 1939-05-12

Plus extras e2% extra. f3T extra
S14.OO extra paid December 20: 1898;
septemSeI TO- nass p.Ia oG' IL 1885
v$2 90 paid 70 far this year.
The Waterbury Democrat., 1939-09-05
A Different Tinge

There is a slightly different color to the issue now, but nevertheless Gov. Ray mond E. Baldwin is distinctly standing by his guns with respect to closing two of the states So-called normal schools and centering teaching training in the remaining ones, primarily of course, at New Britain. That was burning ques- tion during the past legislative session and the chief executive was taken to task, although somewhat lightly, for his stand in the matter. His present espousal of the idea won't set well in such places as Willimantic, Danbury, and New Ha- ven, cities that were faced with the loss of their teachers colleges.
 However, there is little bit more ex- planation this time. The governor bases his demand for the closing of the nor nal schools on the great need in this state for training schools for boys and girls along other lines than teaching. In a recent address in Bristol he said: "Our highly specialized industries require continuous supply of skilled artisans. Many of our boys and girls are going to high school and finding that these schools do not offer what these boys and girls need. We could use our high schools partly for pre-vocational training, and Lueu IIduSIer CleSe DOyS duu SlIlS ulCo school devoted exclusively to vocational training. ."
 We don't think that the cities where the most organized opposition to closing of the normal schools originated gave an awful lot of thought to this idea of get ting what actually amounts to trade school in place of the former. But even if they had, we wonder if they are going to swing with the governor back to the idea of fewer normal schools, which seem- ed all right few years ago when first sought, more centralization of teacher training in New Britain, and expansion of the trade school idea.
The Waterbury Democrat., 1939-09-05
Ends All Uncertainties

The resignation of Frank Hayes as Mayor of Waterbury last Saturday morn ing, coupled with those of other members of his administration linked to the con- spiracy case, should end for all time the abuse to which they were subjected. It was overdone to say the least, not only here in Waterbury but also throughout the state. It was expected locally, be- cause the hostility of the Republican press, its extreme bitterness, it's utter lack of consideration for anything but what it set up as civic virtue have ac- customed the public to this sort of thing. But we did look for certain restraint throughout the state.
 It is to the citys best interests, we think, that Mayor Hayes has handed ln his resignation. We do not regard it as an admission of guilt and we honestly believe that large number of residents will feel the same way about it. There are many crosS-currents of public opin- ion represented in this present contro- versy and we don't feel that it is our place to disparage all those with which we don't agree. AS to condoning any crimes that Uldy Have UCCll CO1IllAllOGCQ CAloV NSA oetaAAAJ is not our purpose We don't feel, though, that we have the right, and we wonder how many have, of grinding our heels in the necks of those prostrated by the recent grave disposal of justice.
 Events now can be returned somewhat to normalcy, so far as conduct of the city government is concerned. The few appointments that ex-Mayor Hayes made %n 1oox xyiY Af6na different from those that rumor had made capital of for many days. They were, we think, all good ones and ones that should not merit the type of political retaliation that has been meted out in the past to many good and deserving citizens of this city The very fact that ex-Mayor Hayes was apparently prompted by the best motives in his several appointments and restraint in not filling other places cer- tainly should set at rest any and all ef- forts to prove such appointments illegal.