davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
Chicago Livestock

CHICAGO. July 3 lP-(United States
Department Of Agriculture) -Salable hogs.
5000: generally steady to 10 higher than
Fridays average; few sorted 210-23o
pounds showing more advance: bulk. 1S0-
24O pounds. 7.15-50: top. 7.55; most 240-
300 pounds. 6.65-7.10: few 325-425
pounds, 10000; sows. 5 to 10 higher:
most 325-425 pounds. 575-635; few
lighter weights around $40: bulk. 450-
$50 pounds. 5.00-65
salable cattle. 10000: calves. 1000:
shipper demand fairly broad on good
and choice steers and yearlings: market,
10-15: instances 25 higher: local, large
and small killers also paying higher prices
on all grades: plain grassy steers very
scarce. most grassy. kinds carrying re-
placement merit and selling fully steady
at 7.5O-s.5 best fed steers. early. 1880:
but some held well above IL 90: numerous
loads 9.50-102 best heifers, $50: heifer
market. 1925 higher all through list:
cows and vealers firm; bulls fully steady:
weighty kinds up to $50; run largely
granted steers and yearlings: numerous
loads carrying considerable weight and
valued to sell at so upwards.
Salable sheen. 1000; generally steady:
late spring lambs, 100O-25 mostly: top.
1890: for few to packers and shippers:
good old crop clipped Texas offerings now
termed yearlins, 800; three double Texas
wethers, 3,S5 STRAIGHT to local packers;
few head native slaughter ewes . .5O-3. 50.
Note. Effective today, old crop animals
must be CLASSIFIED as yearlinss.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
Ancient Title Dies

BY the death recently of Sir
Eustace Borrowes, Bart, of Salt
wood, England, a title nearly 300
years old became extinct. The
baronetcy was created in 1916. Sir
Eustace. who was 70, was the 18th
baronet. The first baronet was a
sheriff and member of Parliament
for County Kildare in Ireland, and
in the 1641 rebellion lost corn, cat
tie and money valued at 100000
and an annual income of $4,000. He
received the baronetcy for his good
and faithful services in this king
dom both in war and peace"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
Foreign Exchange

NEW YORK, July (P.-.-Most CHIEF
European currencies improved their posi-
ton in relation to the dollar in Foreign
eA1 Gnrrsnc ve' nperations were kept to a
minimum however, as bankers watched
tension grow in overseas captais over
Sterling was UNCHANGED from New r Y9rk
ed by the French franc, Swiss franc. belsa
and euilder . -,
lars. others in cents): Great Britain.
1885,; eo-day bins a. as "a. G Gsnsda'
New York in Montreal 10o.3IA; Belgium.
17.ooIa: Denmark: 10000; Finland, OF:
lent. 1885; travel: % 80; Greece zee s5%;
53nsfb: Norway. 2353; Poland. 1s s5;
Portpea 4a5 Rg W e A re swed er
ficiaO. 3l.21; Argentina free), 23.25:
Brazil Official so5 s s7 f Hone ko rS
$3.50; Shanghai 1900; Yugoslavia $50.
Rates in spot cables unless otherwise In
Dictated.
n Nominal.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
Baltimore Markets

BALTIMORE, Md, July 3.-Po-
tatoes, 1O0-pound sack, 125a175;
new, barrel, 3OOa3.5O; 100-pound
sacks, 175a200; sweet potatoes,
bushel, so; new, 2.5Oa2.75; yams,
bushel, 75a125; asparagus, dozen
punches, Maryland, 5Oa225; beans,
bushel, 40a60; nearby, 75a90; beets,
nearby, bunch, 1a2; cabbage, 112-
bushel hampers, 40a65; nearby,
bushel, 15a50; carrots, dozen
punches, 25a35; Western, crate,
2.25a30O; cauliflower, crate, 150a
It's; celery, crate, 1.50a400; corn,
crate, 75a125; dozen, 12a2o; near
by, dozen, l0a12; cucumbers, bushel,
1.25a2.00; nearby, u bushel, 1.00a
1.25; eggplant, bushel, 75al.00;
lettuce, Iceberg, crate, 60a75; Big
Boston, 50a85; Western, Iceberg,
2.O0a40O; lima beans, bushel, LISA
225; onions, 50-pound sack, 5Oa
l.25; peas, bushel, 125a175; peppers,
bushel, 150a225; squash, nearby.
half bushel, 10a2O; tomatoes, lug,
0a200; apples, bushel, old, 75a175;
new, 50al.50; apricots, lug, 1OOa
Its; blackberries, crate, 150a275;
cantaloupes. Western, crate, 275a
$50; Southern, 60a125; cherries,
lug, l.50a225; nearby, sour, pound,
SAT- grapefruit, box, 10Oa200;
honeyballs, crate, 300a40O; honey
dews, crate, 150a200; lines, carton.
l50al.75; oranges, Florida, box, LISA
1926; California, 1.50a3.00; peaches,
half bushel, 75a1.50; pienapples,
crate, 1.75a200; plums, crate, LISA
200; lemons, box, 225a425; raSp-
berries, pint, red, 5a10; black, quart,
8al0; Watermelons, each, 25a5O.
Dairy Products.
Live poultry-Chickens Rocks,
pound, 18a21; mixed colors, 16al9,
fowl. Rocks, 17al3; mixed colors. lea
II; Leghorns, l3a15; BOOSTERS, 7al2;
ducks, Pekin, l2a14
Eggs-Nearby, ungraded, dozen,
white, large, 20a22: medium, 17al9;
mixed colors, 16a17; receipts, 2073
cases.
Butter-Prints, 80 score. pound,
81; 80 score, 25; country rolls. Tia
1o; packing stock, Halls; receipts,
BIT tubs
Live Stock Market.
Cattle. $50. Compared last Thursday;
steers. she stock and bulls active mostly
strong to shade higher: medium and good
srad>S 900 to ! ,225 pound steers: mostly
s35a9.60, small lots choice yearings 10
1850; medium and good grade heifers.
a.30a9 90. medium and good grades COWS,
6.25a1 .25; cutter and common grades.
) .50a625; Gamers, 4.00a525; bulk
sausage bulls. 6,50aG so: odd head to
7.15 and fat butcher individual. $50
Calves: $50: around steady with Friday:
good and choice grades vealers. 9.5Oa1O.0O
900.
Hogs. 1909; steady with Friday; good
practical top 500. 14O to $50 pounds,
1.60a7.s5: 2l0 to 24O pounds, : 6Oa7 IS
$50 to 300 pounds and 100 to 40 pounds.
!.25aT. 80; packing sows, 400 pounds
down, mostly 5.75a600; weightier sows.
5, 5oa5.! IS, Hogs from doubtful areas and
tnose fattened on garbage or swill and
price premiums occasionally paid for
through. billed rail consignments pur-
above quotations.
Sheep, 900: spring lamb market steady
10 25 cents lower good and choice ewes
and wethers, l025alO15; TOP 1875, fat
DUCK lambs 90 less; medium and good
grades mixed around 1000: common ana
medium grades throwouts. : 5naa so: light
cuIis down TO 500; sheep lacking.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
Steel Rate 10 Slump
To 38.5Per Cent in
Holiday Week
Some Mills Will Use
Recess for Survey
Of Inventory
BY the Associated Press,

BY the Associated Press.
NEW YORK, July Separations
in the steel industry for the current
week will decline 1873 points to 1875
per cent of capacity, compared with
54.3 per cent last week, the American
Iron & Steel Institute estimated
today.
The sharp drop in scheduled out
put was attributed in steel circles
to suspension of operations for the
4th Of July holiday. Some mills also
took advantage of the holiday for
an inventory survey.
A month ago operations were at
the rate of 542 per cent of capacity,
while a year ago they were 224
per cent.
CLEVELAND, Ohio, July 3 P.-
There will be sharp letdoWn this
week in steel production, but
prompt recovery from the influence
of the holiday and plant vacations is
indicated, the magazine Steel said
today.
Ingot production last week de-
clined Y point to 81 per cent. A
year ago it was %.
Closing of a number of plants for
Independence Day and inventory is
having temporary effect on steel
shipments, but prospects are favor
able for the maintenance of steel
making near its recent level during
most of July and August.
The tendency toward firmer steel
prices continues. Uncertainty over
probable steel requirements of some
leading consumers the next six
months prevents any accurate FORE
cast Of the long-range trend in
steelmaking. Steel releases from
auto parts makers are growing.
The steelmaking rate was un-
changed last week at most centers.
Chicago gained IL per cent to 81.
Cincinnati to IS. Losses were Az
to 81 at Cleveland, 3 to 81 at Youngs-
town and 4l2.to IS at Buffalo. In
changed, Pittsburgh at Al, Eastern
Pennsylvania, SO; Wheeling, 70;
Birmingham, II; New England, 80;
Detroit, ST, and St. Louis, AZ.
A small decline at Chicago lowered
the scrap composite 8 cents to
s14.54; the finished steel composite
is unchanged at $3.50.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
Rubbit Stops Truins

Just because it ran into a hole in
the usual rabbit manner, bunny
innocently held up all main line ex-
press trains near Nuneaton, Eng
land. Two hunters were seen from
a distance digging out the rabbit
and some one reported that terror
lists, which set of bombs in Eng
land recently. were undermining the
railway bridge. All trains were
stopped until the truth was learned.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
Dry Goods Marker

NEW YORK. July 8 tP,.-Most Worth
Street ar ,o textile dealers closed shop today
1or a q long Fourth Of July holiday
IN the mail. However, particularly for
me goods: These did not follow the
buyers appeared to feel there were bar
gains to be had in this division.
interest in rayon prints has been some
wnst stimulated by a brisk pre-holiday
Hosiery markets Gained down q bit
que 70 continuation Of present prices By
AUGUST. S~sA s'
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
Stock for New Bank
Sold at Charles Town
Special Dispatch to The Star.

special Dlspatch to The Star.
CHARLES TOWN, w. Va, July
3.-Sufflcient stock to organize a new
bank here has been sold, primarily
to Charles Town and Shepherds
town businessmen, it was announced
yesterday through Attorney Lee
Bushong here following a meeting
of interested persons.
Half of the stock will be repre-
sented by $4,000 capital stock in
Farmers Bank of Shepherdstown;
the other half has been subscribed
by private investors. The capitali-
cation under the merger will be
$4,000.
A committee was named at the
meeting to select quarters for the
new bank. The committee, composed
OF I. H. Russell, Henry Dutrow, T. r.
Moore, jr.: John w. Irwin and Her.
man Willis, will report later in the
month.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
Coils Tuxis for Fun

Calling taxis became a hobby of
q girl in PalmerSton, New Zealand,
and drivers had her arrested. One
taxi firm received 70 calls in three
months, and others had large num-
bers. In court the girl, aged 10, was
said to have held 16 positions in a
year. She was ordered to pay the
taxi companies for the false calls.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
Wolf Plays With Cot

Instead of keeping the wolf from
the door, Alfred Knapps took one
into his home in Ljubljana, Yugo-
slavia. He found the cub after
shooting the mother wolf. Eventu-
ally the stranger became playmate
of the cat and dog. "Poldi," as the
wolf is named, is now full-grown
and obeys every command, but she
still can play the big bad wolf" to
strangers she does not like.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
Foreign Markets

LONDON, july 3 lP.-Weakness in
British gilt-edged bonds adversely af-
fected other sections of the stock mar
ket today. although trading was still ham
pered by Danzlg DEVELOPMENTS. Kaffirs
reacted on Cape Town selling and, most
domestic rails chalked up small losses.
1ndustrials we're mostly neglected, al
though a little pressure appeared AGAINST
some aircraft shares Oils and rubberS
coasted along lstlessly Trans-Atantics
moved of and European bonds were marked
down a trifle
PAR1S-BourSe quotations slipped lower
today after initial frmness. Rentes closed
10 centimes down to so higher High
light OF dealings was weakness in the
young loan, which dropped to 253 francs
from 212
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
BY the Associated Press.

NEW YORK, July 3.-U, S. Gov
eminent loans proved top-heavy in
bond dealings today, while corporate
issues tried feebly to get ahead.
Price changes were effected on
small turnover, however, with the
market caught in a betWeenh oli
days lull. Development concerning
Danzig also kept a good many
traders on the sidelines.
Treasury issues lost as much as
15-32d point after their recent sweep
to record highs.
Foreign government loans were
trendless and almost neglected.
Inching higher elsewhere we're
such issues as Union Pacific refund
ing As, Erie refunding IS of ST,
Loew's 3l2s, Commonwealth Edison
31as, Santa Fe As of 95 and Baltl-
more & Ohio convertible AIS.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
Insurance Shares Go
Lower During Week
Special Dispatch to The Star.


NEW YORK, July 3.-Insurance
stocks in the New York City mar
ket declined to lower levels during
the past week, according to records
compiled by Holt, Rose & Troster.
The aggregate market value of 20
leading fire and casualty insurance
issues on June 80 was $579,438,0OO,
compared with S598,797 900 at the
close of the previous week, a de-
crease of SIG ,359 900, or 1923 per cent.
The current average yield of the
20 issues is 1886 per cent, compared
with yield Of 3.84 per cent on June
%. The current market value is
equal to 100 per cent of the reported
liquidating value, against 104 per
cent week ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
Marine Midland Chief
Holds War Unlikely
BY the Associated Press.


NEW YORK, July 3.-James G..
Blaine, president of Marine Midland
Trust Co., who arrived here today
aboard the Queen Mary after a two
months study of conditions abroad,
told reporters he thought there
would be continued peace, despite
tension, in Europe
Il think the chances are that there
will be no war, but I believe there
will be good deal of tension on the
Danzig question before the summer
is over he declared. He added he
thought "the Danzig question can be
negotiated"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
Chicago Produce

CHICAGO. July 3 CEl.-Poultry, live. 40
trucks; steady to firmi hens, over 5 pounds
IA; pounds and under, l4l2: Leghorn
hens. II "a; broilers. Pa pounds and under,
colored l6; Plymouth Rock. Il; White
Rock. +; Leghorn brollers, under pounds
10 :! pounds up, l6 springs, 3l2 pounds
up, colored s; Plymouth Rock. 2l; White
Rock 81; fryerS. over 2i2 pounds. colored
IL Plymouth Rock, 10; White ROCK. is;
bareback chickens. 14-1G; roosters. 10i2;
1eghorn ROSTERS; 10; ducks. AZ pounds
up. coiored. @: white Q; small, cOlored, 9,
white. 3; geese 10; turkeys, toms -,
hens. IA
Potatoes, 1885,: on track ops: total U s.
shipments Saturday, 591. Sunday, ll9;
Triumphs STRONGER, other stock firm sup
plies moderate; demand moderate; sacked
per hundredweight, Missouri! CobbierS. gen.
orally fair condition, dirty, 1.5O-7o, Cali
fornia Long Whites U. S. No. /. 2.l5-25;
under ventilation. 2.lO-l5: Arkansas Bliss
Triumphs, U, S. No. !. 30: Virginia Cob
blers. .. S. No /, size B. 30; Idaho Bliss
Triumphs under refrigeration, > SO; Kan
sas Cobblers, generally fair quality dirty.
slightly decayed l.55.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
Morgan Deposits
|Goin Sharply in
Second Quarter
By the Associated Press

By the Associated Press.
NEW YORK, July 81. P. Nor
gan & Co., New York, and Drexel
& Co., Philadelphia, its affiliate.
reported combined deposits as of
June 80 totaled S555 500 ,8O6, COM
pared with s5l4,978,54 three months
earlier
Cash on hand and on deposit in
banks at the end of June aggre-
gated s93,759,368 contrasted with
sl19 ,59056 on March 81 last,
while holdings of United States
Government securities, direct and
fully guaranteed, we're s393, 023, APT,
against $3.50, 488,583.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
Mans Ashes Flown Far

When Alex Thernstorm, wealthy
Swede, died on board the Empress
of Britain near the Dutch East In
dies while on a world cruise his
sister cabled from Sweden that he
should be cremated. This was not
possible until the vessel reached
Durham, South Africa. From there
the ashes were flown many thousand
miles to Sweden.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
Crude Oil Prices

TULSA, July 3 tP.-Base crude oil
prices Midcontinent area-1llinois, 81 .O5:
Oklahoma-kansas, gravity scale 6Oc to
S1l0: North. North Central and West
Central Texas, gravity scale, 71c to ST 03
East Texas. 81 10; West Texas. gravity
scale 53c to 95c: North louisiana Ar
kansas. gravity scale. nc TO ST .05. Rocky
Mountain area-Salt Creek. Wyo., gravity
scale, SEC to S1.l0.
Eastern area-PennSylvania grade
Observation-Disclosures, $500; same grade,
IN Southwest Pennsylvania lines. 81 65
some grade in Eureka lines. s. so: same
ST 90
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
Wayne Pump Reports
Smaller Net Profits
BY the Associated Press.

NEW YORK, July 3.-Wayne
Pump Co. today reported CONSOLE
dated net profit for the six months
ended May 81 of ,2lO, equal to
$14l a share on common stock,
compared with S525170. or S181
common share, in the similar period
year earlier. Company's domestic
plants are at Fort Wayne, Ind,
and Los Angeles, Calf.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
Reichsbunk Statement

BERLIN July 3 LPl.--The Reichsbank
statement as of June 80 tin thousands of
Rechsmarks): Notes in CIRCULATION, s.
decrease, 5000 Other bills of exchange
and checks, S,15S,9O0: increase. $4,000.
Advances, 47700; increase. 16,400. Ratio
0.S1 per cent Rate of discount per
cent
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
675 Tons of Lead Sold

NEW YORK, July 3 CP.-St. Jo-
seph Lead Co. reported 100 tons of
Southeast Missouri pig lead sold
Friday at s4.70 per 100 pounds East
St. Louis, 900 tons at $3.50 New
York, and IS tons at the New York
average.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
New York Bar Silver

NEW YORK, July tP.-Handy
e. Harmon, leading bullion brokers,
failed to post quotation on foreign
bar silver today, due to the cessa-
ton of buying by the United States
Treasury until next Wednesday,
owing to the holiday.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
Visible Grain Supply

NEW YORK July 3 P,.-visble sup
ply of American grain showed the follow
ing changes from week ago Gin bushels) ::
Wheat increased FOL 5000; corn de-
creased 2,054 600; oats decreased 136.000
rye increased 171,000; barley decreased
104.0 900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
NEW YORK CURB MARKET

In bankruptcy or receivership or being
reorganized under Bankruptcy Act or
securities assumed BY such companies
Rates Of dividends in the foresoing table
are annual disbursements based on the last
quarterly or semi-annual declaration On
less otherwise noted. special or extra divi-
dends are not included
xd Ex dividend xr Elk rights Also
extra or extras Paid last year fPay-
able in stock Declared or paid so far
this year. Cash or stock K Accumu-
lated dividend paid or declared this year.
" Under rule WV With warrants. xw
without warrants. war Warrants
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
Exchunoe Is Closed

CHICAGO, July 3 (P.-The
mercantile exchange was closed to-
day and no butter and eggs spot
or future prices were available.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
London Bar Gold

LONDON. July P,-Bar gold 14ss
6ihd, unbalanced Equivalent, S3477.
Bar silver, 1Sad. UP ". (Eouivalen
1892 cents.)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03

Canada imported $3,511,09 worth
Of American aeronautic products
last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
Rubber Futures

NEW YORK. July 8 R.-Crude rubber
futures opened to z lower. July. 16.34s
IS; September. 1880; December. 16.S7b.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
New York Bank Stocks

NEW YORK. July 2 P.-Investment
Bankers Conference. Inc:
(Ouota tons "a of > o'rl0ck)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
u. S. Treasury Notes
FREIGHT Loudinqs
(Reported by Smith, Bal

NEW YORK. July 3 P-Revenue
freight carioadings on railroads reporting
today for the week ended July included:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
T I { A S U Z Y.

FEDERAL FARM MORTGAGE.
IS 1942-47 LOG. LOG. l06.
HOME OWNERS LOAN.
~ 1942-44- 10424 10424 10424
IS 1944-52 10S21 l0220 10S.20
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-07-03
BONDS ON N. Y. STOCK EXCHANGE
Eastern DAYLIGHT Savins Time.l
BY private wire direct to The Star

Approximate Transactions Todoy
Henderson daily dispatch., 1939-07-14

to your tents, O Israel now see to
thine own house, David" Meaning
that David's descendant was nothing
to them, and they would go home
and refuse to be ruled by Rehoboam.
And so it was that Rehoboam lost
ten of the tribes of Israel and had
only one left, the tribe of Judah, for
when he sent a man by the name Of
Adoram to collect tribute from his
subjects, they stoned and killed him,
so that Rehoboam got into his chariot
and fled to Jerusalem. "a mans
pride shall bring him loW," says our
Golden Text and indeed it is so.
His Foolish Choice.
It was indeed a foolish choice that
Rehoboam made, and l imagine he
deeply regretted it. 1t is a choice we,
too, must make, although we rule
over no people and have inherited no
throne But it is choice between
being thoughtful of others, consid-
crate Of their feelings, treating them
as we would like to be treated. And
if we do this we will be much hap
pier all our lives and so much more
useful to world that SO sadly needs
strong, faithful broadminded people.
with charity to all and malice to-
ward none"
In the weeks reading is included
the story Of Ruth, who was a loyal
friend and daughter-in-laW. Do you
remember the story of the man who
went to live in a strange land be-
cause there was a famine in his own?
He took with him his wife and two
sons. His Wife's name was Naomi.
Both his sons married women of this
new land, and one son married a girl
by the name of Ruth. In course of
time beth sons died and Naomi start
ed back to- her native land, and with
her the sons wives. After time they
came to parting of the ways, and
Naomi told her sons wives to 60
back. to their own people. One did,
but Ruth would not leave her moth
er-in-laW, saying, "Intreat me not to
leave thee, or to return from follow
ing after thee. for. whittier thou goest
l will go; and where thou lodgest 1
will lodge: thy people shall be my
people, and thy God my Cod"
Naomi must have been a very good
mOther-in-laW, to win such love and
loyalty, and Ruth must have been a
very loving and appreciative person,
must she not?
Henderson daily dispatch., 1939-07-14
Capital Gossip.
~ BY HENRY AVERILL
Daily Dispatch Bureau,
In the Sir Waller Hotel.

Raleigh, July 14.-Your CORES
pOndent approached Insurance Com
missioner Dan Boney with the
query, "Do you have a good insur-
ance story?"
"Nope," said he. Every quiet, but
our department is getting along all
right Insurance rates in North Caro-
lima have downward trend"
''Well, if l can't get an insurance
story, I'll take, a political story"
cpl be id if you WILL" he said
''This political situation is too mud
died for me to get in it. not only
don't have any idea who will be the
next governor, but Il haven't any
idea who is going to rum"
Quite a bit of comment has been
heard around capitol circles on the
condition reports of State banks as
of June 80. Most usual subject for
comment is the unusually large
amount of money lying idle in bank
vaults, and the much larger amount
invested in Federal government
securities. There is a feeling that
IIllS lIlOIlCy SJlOIlQ NC PQC W QSC LII
private business enterprise. Com
posite statement is being prepared
for all of the State banks, and it is
expected to show that too much of
the depositors' money is thus tied up.
The condition of national banks
is about the same, but with more
excuse in the public mind. AS mem
bers Of the Federal Reserve System,
national banks are expected and re-
quired to absorb a large part of
government securities.
Admittedly these reports show that
the banks are perfectly sound and
safe. There could hardly be safer in
vestment. The criticism, if it might
be called that, is against keeping
money out Qfguse. assssss 81.
When the State Capitol was built