davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat., 1939-03-13

Those in high places have shirked their duty in order to lead Q more profitable existence in private en- terprise. Their prime interest was in making money. As long as city government didn't gobble up too much of what they made, they were content to see inefficiencies in gov- erment exist, that would break up
The Waterbury Democrat., 1939-03-13
Merry Go-Round
D R E w PEARSON ROBERT 6. ALLEN

Il
The Waterbury Democrat., 1939-03-13

Copyright, 1899. by United Feature Syndicate, Incl
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21
Bolivian Tin Offered
To Treasury Buyers
By the Associated Press.

By the Associated Press
Bolivian tin was offered to the
Treasury yesterday for the first time
since it began buying strategic war
materials for the Army and Navy.
Previously only tin from the
Dutch East Indies and the Straits
Settlements was offered.
The American Metal Co. of New
York offered 100 short tons of the
Bolivian metal at 4722 cents per
pound.
Other bidders, all with supplies
in the Netherland East Indies and
Straits Settlements, were:
CasWell, Strauss e. Co., New York,
2,240,000 pounds at 476l cents per
pound: Domestic & Foreign Com
merce Corp, Washington, D. c., 500
short tons at 1925 cents per pound;
Metal Traders, Inc, New York,
100000 pounds at 1920 cents per
pound; Pope Trading Corp, New
York, 100 short tons at 1850 cents
per pound; Tuthill & Co., New York.
500 short tons at 1880 cents per
pound, and c. S. Trench & Co., New
York, 1000 short tons at 47.44 cents
per pound.
The low bidder will not be de-
termined or a contract awarded
until experts classify the bids and
the Army and Navy decide what
quantity they want bought.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21
Scott Paper Decides
To Redeem Bonds
Special Dispatch to The Star.

Special Dispatch to The Star.
PHILADELPHIA, Dec. 2l.-Scott
Paper Co., Chester. Pa, has elected
to redeem the entire principal
amount of its 3A per cent con-
vertible debenture bonds at los on
February 5, 1910.
The company reports that as of
the close OF business December IS,
1899, the original issue of 100000
principal amount has been reduced
to $4,000 by the retirement of
$4,000 principal amount and the
conversion of $3,l43,0O0 principal
amount into 78,575 common shares.
Each $1,000 bond is convertible
into Is shares of the company's COM
mon stock up to and including Janu-
airy 81, 1870
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21
Chicago Livestock

CHICAGO. Dec. u ,lP, (U. S. Department
OF Agriculture .-Salable hogs, $4,000;
total 5000: strictly good and choice
hogs fairly active; steady to 10 lower than
WedneSdayS average; medium weight and
heavy butchers slow: unevenly 1925 on:
top 5.S5 for choice lights; bulk good and
choice, l6O-240 pounds 545-sO: 24O-2 "a
pounds. butchers. 5.e0-50; 210-33O pounds
AVERAGES; 10000; most l3o-l6O pounds.
pounds, packing sows' 4 .35@75, '' ''''o-'''
Salable cattle, 5000; salable calves.
strictly good and choice yeariings and
light steers and choice weighty bullocks;
all Others weak to 25 lower; too many
medium to average good steers and heifers
mere; choice heifers absent; cows scarce
and strong. to Is higher: bulls strong:
vealers weak; several loads choice yearlings
and light steers. l .00-35; strictly choice
l,35o-pound steers, 100, but very little
from Isn1l 1000 downward: such kinds showing
lower in sympathy with killer market;
most beef cows. 5.50-6.25: few 6 so: cut
tiers, 5.25 down, and Gamers, $50 down:
veighty sausage bulls UP to 74O; vealers.
1880 down: mostly 90O-10.25
-, Salable sheep, 5000; total. 1000: late
wednesday fat lambs and yearlings steady
to strong; spots. 1915 higher: other
glasses steady: lamb. top 900 bulk. $50
81 medium to good yearlings, 6.25-7 so;
trade fat lambs slow: undertone strong to
900 on good to choice lambs: best now
held a.10-l5 and better; one double near
choice yearlings 500; sheep about steady;
scattered native ewes. 3.75-425.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21
Chicago Produce

CHICAGO, Dec. 81 lP-Poultry. live. 2
cars. SO trucks: hens and heavy springs,
Arm geese and turkeys, weak; hens, AZ
pounds up, IA; under An pounds, 12:
springs. 4 pounds up colored. 1871; Ply
mouth Rock. 141a: White Rock. 14E: geese
over 10 pounds 49, turkeys young toms.
under 8 pounds, IA hens, IS; other prices
Butter. e13,7s4: steady; prices un-
changed
Eggs, 9,4ao unsettled; current receipts,
14A: hrsts. 1874: other prices unchanged.
Potatoes, "a: on track. ISL; total o. 8.
shipments 1884; best stock steady, fair
SLOW. and limited mostly. to best quality;
s su1dn.ao D. u 8 No: l. fey 1882 =
sales; good color. l65-75: Nebraska, Bliss
few sales hurley sacks unwashed. 30
s.; tsir quality. 1;a7N: 80 pound sacks
Y. 8; No !: Size B. washed, 10 a sack
North Dakota. Red River Valley section
cobblers. SIS to 30 per cent q. S. No l. few
sales. 1.1712-20; Bliss Triumphs, rs to 90
per cent, Q. 8. No. /: 1925: Wisconsin
round whites, u s No. l. 122Ha; U. S.
commercials, 1.15-2O: less than CARROTS. 50
pound sacks. Texas. Bliss Triumphs. q. s.
No. /. 1875 a sack.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21
Traffic MANAGER
lOf Central to
| Retire
BY the Associated Press.

NEW YORK, Dec. 21.-Louis W.
Landham, general passenger traffic
manager of the New York Central
System, will retire January l after
So years of railroad service, it was
announced today.
His retirement will bring extensive
changes in executive personnel in
the system, including: Frederick H.
Baird, now passenger traffic manager
at Chicago, will succeed Landman,
and James w. Switzer, general pas
senger agent at New York. will take
the Chicago post; E. E. Pierce, now
general passenger agent at the
Boston & Albany, will succeed
Switzer, and Ira G. Rasp, now divi-
sion passenger agent at Albany, will
take over the Boston & Albany job.
Charles Fendrych, now general
agent in the Office of the general
passenger traffic manager at New
York, succeeds Rasp.
All of the men involved in the
transfer came up through the ranks,
the railroad announced. Landman
will be retained in consulting
capacity at New York.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21
Cotton Mill Activity
Al 101.3PerCent
In November
Rate Contrasts With
1874 Per Cent Mark
Of Year Ago
By the Associated Press.

By the Associated Press.
The Census Bureau reported today
the cotton spinning industry operated
during November at 1913 per cent
Of capacity, on a two-shift, 8O-hour-
week basis, compared with 97.9 per
cent during October this year, and
1874 per cent during November last
year.
Spinning spindles in place No.
vember 80 totaled 24,973218, of
which 22,774,170 were active at some
time during the month, compared
with 25,081, 048 and %, 658 1894 for o.
tober this year. and 26,048,734 and
% AS, 280 for November last year.
Active spindle hours for Novem-
Der totaled 8,8O3, O76,8 $40, or an aver
age of 1853 hours per spindle in place,
compared with $3.50 ,693 ,976 and 342
for October this year, and 1885,
193,064 and 291 for November last
year.
Spinning spindles in place Novem-
Der 80 included In cotton-growing
States, 18,l99,7l8, of which 17,099,-
448 were active at some time during
the month, compared with 18,249,-
1894 and l6,964,196 for October this
year, and 1851 ,9O2 and l7,O26, 1874
for November last year; and in New
England States, 6006,2O4, of which
5,O52, 284 were active, compared with
6,056,194 and 5,077,8l6 and 6,555 ,O4O
and 4,797,1O0.
Active spindle hours included: In
cotton-groWing States, 6,867, 1894,
or an average of BIT hours per SPIN
die in place, compared with $685.
l59.6O3 and 367 for October this year,
and 6,023 1927 ,937 and 322 for Novem-
Der last year; and in New England
States, 1,756 .840,867, or an average
of 293 hours per spindle in place,
compared with 1,70O,603, 289 and 28l
for October this year, and 1,407 .199,-
3l3 and 2l5 for November last year.
Active spindle hours and the aver
age per spindle in place for Novem-
Der. by States, follow:
Alabama. 702,647l82 and 1856;
Connecticut, 142.278.779 and 26s;
Georgia. l,24l ,434 1896 and 1856:
Maine, 229,341.612 and 1886; Massa-
chusetts, 939, 730,418 and 278; Missis-
sippi, 81, 545, 1856 and 1856: New Hamp-
shire, 102,4l0,0l8 and 299; New York
88.978,025 and 265.
North Carolina, 2,128,354,467 and
1866; Rhode Island. 3l5.507.232 and
1926; South Carolina, 2.183 489 SIP
and 1893; Tennessee, 228,972,154 and
422; Texas. 84,925 500 and 1853: Vir-
ginia. 536,938 and 300; all other
States. ISL ,924,638 and 225.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21
Wabash Is Authorized
To Borrow S9,300,000

By the Associated Press.
Receivers of the Wabash Railway
Co, were authorized by the Inter-
state Commerce Commission to bor-
row $500 900 from the Reconstruc-
ton Finance Corp.
The Wabash will use $6.50O,00O OF
the loan to retire promissory notes
now held by the r. F. c. The re-
naming 50 300 900 will be used to re-
pair and rehabiitate 1884 4O-ton
steel automobile boxcars. This work
will be done in the Wabash shops at
Decatur, Ill
AS security for the r. F. c. loan
the Wabash receivers will issue tc
the R F C. equipment certificates
bearing interest of De per cent an
nually. The loan will mature in in
stallments of 100000 semi-annu-
ally on July and January l. until
the full amount has been made.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21
Railroad Earnings
Improve Sharply in
Ten Months
Net Of s23,245,000
Contrasts With Big
Loss in 1888
BY the Associated Press.

BY the Associated Press.
The Association of American Rail-
roads reported today that class l
railroads in the United States had
net income of s23 PAS 900 in the first
10 months of this year.
In the same period of 1888 class l
railroads had a net deficit Of $751;
399 900.
On the basis of the report for the
first 10 months of 1899. some au-
thorities predicted that the railroads
might have net income of $50 000,-
600 to s1OO0OO,0OO for this year.
A net deficit of s123,471 ,074 was re-
ported for all of 1888. In 1887 net
income of S98,057 TAO was realized.
During October this year the class
railroads had a net income of $685.
52l ,0O0 compared with net income
of S24.171 900 in October, 1898.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21
Bank C|earings Rise
70 New 1899 Peak;
Lag Behind 1888
Fail to Equal Marks
Of Year Ago Due to
New York Drop

BY the Associated Press.
NANEW YORK, Dec. 2l.-Reachine
the highest aggregate recorded sc
far this year, bank clearings for the
country during the latest period
went sharply above the amount for
the preceding week. However. the
total was still below the correspond
ing 1898 figure, due wholly to the
fact that New York clearings were
smaller than they were year age
for the sixth successive week.
Bank clearings for % leading cities
eor the week ended December 20, &C
cording to Dun & Bradstreet, were
$6,9O2 1899 900. or 48 per cent less
than the s7,252 1927 900 for the same
1888 week
Total clearings for the current
period rose ST ,420, l48 900 above the
eInount for the week previous, as
compared with a gain of 81 ,566, 49,
900 between the two similar weeks
OF 1888.
Clearings at New York amounted
to S4228 ,278, 900, against $4782 ,303,-
600 last year. giving drop OF l16
per cent. The turnover for the q
outside cities was S2,674,121 900. rep
resenting an increase of 80 per cent
above the S2.47O,524,0O for the cor
responding 1888 week.
Year-to-year advances appeared
at all the outside centers, the more
outstanding of which were: Min.
Geapohs, 212 per cent; Cleveland
2O.3 per cent; New Orleans, 1919 pei
cent; Louisville, 1873 per cent; De.
troit, 1871 per cent; Portland, 12.s
per cent; Buffalo, 1l.6 per cent, anc
Pittsburgh, 1913 per cent.
Bank clearings at leading cities
together with percentage change:
from a year ago, follow; also. the
daily average bank clearings for tn,
months of October, November ane
December to date:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21
bondho|ders Urge
Speedy Action on
New Haven Plan
Insurance Group Asks
|. G. G. to Follow
Examiners Proposal
By the Associated Press


Committees representing major
bondholders of the New York, New
Haven g. Hartford Railroad yester-
day urged the Interstate Commerce
Commission to proceed as expedi-
tiously as possible with reorganiza-
ton of that railroad.
A committee representing insur-
ance company bondholders said in
brief that the reorganization
should not be deferred by unsolved
problems in connection with the
Old Colony and Boston g. Provi-
dence.
THE New Ravens old properties
are now ready for reorganization,
the insurance group said Much
, constructive work remains to be
| done, however, in the case of the
Old Colony and the Boston & Provl-
dence. 1t can be done most effec-
lively by those principally interested
in those properties. The Insurance
Committee urges the commission
not to postpone the reorganization
of the New Haven but to proceed
forthwith with the reorganization
Of its properties as recommended
by the examiner"
Oppose Pennsy Request.
The committee representing mu.
tual savings banks also urged thu
commission in a brief not to reoper
the New Haven record, as requested
by the Pennsylvania Railroad, s
large New Haven stockholder, tt
permit introduction of the lates
statistics concerning the New
Ravens earnings.
Examiner Harvey H. Wilkinson
recommended in his proposed plar
Of reorganization that present stock
holders of the New Haven not be al.
lowed any participation in the re-
organized company.
Opposing the Pennsylvania re-
quest that present stockholders b,
given some participation. the Mutua
Savings Bank group said:
Even the debtor New Haven
has recognized until recently. ane
apparently until after pressure b,
the Pennsylvania Railroad, that M
equity remains for the common
stockholders and with doubt o.
what. If anything, remains for thu
| preferred stockholders. -
Arguments Due Today.
mo action by the commission car
restore to the stockholders a former
interest that has been dissipated b,
the relentless forces of economic ane
social change"
The commission will hear argu.
ments today and Friday on Wilkin.
sons proposed plan. He recon.
mended that the New Ravens cap.
italization be reduced from s475,.
87l,843 to $365,OOO, 900 and fixee
charges and guarantees from $50.
1920 to $685., 019 annually.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21
Associated Output Up

NEW YORK, Dec. 81 (SpeciaD -
For the week ended December Is,
Associated Gas & Electric System
and the New England Gas and Elec-
trio Association Group report net
electric output of 112,196,86l units
(kWh). This is an increase of 49,
1923, FOG units, or 1879 per cent above
production of 98,473,155 units for a
year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21
Independent Stores
Report Sales Gain
BY the Associated Press.

By the Associated Press.
The Commerce Department says
reports from 21,065 representative
independent retail stores in "a
States show that the dollar volume
OF sales in November was per cent
higher than in November, 1888. The
same stores reported in October
their sales were 71a per cent ahead
OF the similar month last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21
Admitted to Partnership

NEW YORK, Dec 81 (SpeciaD -
Gilbert H. Clee has been admitted
to partnership in the firm of Nor
man S. Taber & Co., consultants on
: State and municipal finance, with
headquarters in New York, accord
ing to an announcement made to-
day by Norman S. Taber, head of
the firm. William r. Gaus has be-
come associated with the firm, it
was announced.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21
Bonus Is Distributed

NEW YORK, Dec. 81 R.-
Libbey- Owens-Ford Glass Co. today
distributed to 1895 employees Christ
mas bonus checks equal to per
cent of each employees annual COM
pensation. The total amount of
money involved was not announced.
Principal plant 10 ct Toledo.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21
Jones & LouehIin
Will Stort Furnace
By the Associated Press.

PITTSBURGH. Dec. 21.-The
Jones & Laughlin Steel Corp. has
announced it would start operations
of another blast furnace at its
Pittsburgh plant, putting pig iron
and ferro-manganese production on
capacity basis.
With the addition of the furance
the company will be operating all
of its II blast furnaces here and
at the Aliquippa pa works. APP
proximately 100 men will be en-
ployed to operate the additions
furnace.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21

Finnish Refugee, J,
Carries Baby in
Paper Parcel
BY the Associated Press.

BY the Associated Press.
STOCKHOLM, Dec. 21.-
Swedish authorities, examin-
ing a paper parcel carried by q
7-year-old Finnish girl who
had travelled several days with
refugees arriving aboard ship,
found 1t contained her Today
Did sister.
The infant was taken to a
hospital where 1t was given an
even chance for survival. The
mother was believed to have
persisted.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21
Washington Exchange
SALES.


Capital Traction 1st 5s-Sl 900 at
SO, $1,000 at SO, 1000 at 98la
$1,000 at 981s, $1,000 at 981s, $1,000
at 98ls.
Washington Loan e. Trust Colo
at 235.
AFTER CALL.
washington Loan & Trust Co.'s
at 235.
Capital Transit Co.'s at 14A, Is
at 1414.
Mergenthaler Linotype-10 at lax
Is at 1874.
Potomac Electric Power SIPS pfd.-
at 1l412.
Washington Railway g. Electric As
$4,000 at 1884,.
Mergenthaler Linotype-50 at 1917
80 at 1919, so at 1872.
Capital Transit Co.'s at 14ls, %
at las, 3 at 141s.
Potomac Electric Power 5l2To pfd.-
Is at 1l45a.
Capital Transit-25 at 1412.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21

Quotations furnished by National Asso-
citation of Securities Dealers, Inc. which
states they do not necessarily reflect actual
transactions or Arm bids or offers, but
should indicate approximate prices. and
unless otherwise indicated, are Is quoted
BY the sponors or issuers
'Asterick indicates. MOT quoted By spon-
SorS OF iSSuers,"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21
Cudahy Packing Nets
S860,293 Profit
In Fiscal Year
Result Compares, With
S2,953,895 Loss in
Preceding Period
BY the Associated Press.

BY the Associated Press.
CHICAGO. Dec. 21-The Cudahy
Packing Co. and subsidiaries today
reported for the fiscal year ended
October % net income of $3.50, 293,
which compared with a net loss of
$2,953,8 in the preceding fiscal
period.
This was equal, after preferred
dividend requirements in arrears,
to 60 cents a share on the common
stock.
E. A. Cudahy, jr., president. in his
report to stockholders, said the i'm
provement had been accomplished
in the face OF handicaps which re-
quired the company to make extern
sive livestock purchases outside of
its normal areas of supply.
TN 1899" he said, severe drought
conditions of the past five years con-
tinued in the areas of our principal
processing plants, especially west of
the Missouri River. where, in normal
circumstances. we obtain most of
our livestock"
Arthur Andersen & Co., auditors,
in their certificate of examination
said that they had not examined
the fixed assets or depreciation re-
serve accounts of the Cudahy Co.
for years prior to October 20, 1888
but had made general review of
the accounts to ascertain bases upon
which they were stated and that in
their opinion reserves for deprecia-
ton were inadequate. based on the
review and upon a consideration of
aggregate charges made against
the reserves in those years Cudahy
Co. officials said they had no COM
ment to make at this time on the
auditors statement.
NEW YORK, Dec 21.-Distillers
Corp. -Seagrams, Ltd. and subsidi-
aries today reported Figures are in
United States currency net profit
for the quarter ended October 81 Of
3,447 902, equal after per cent pre-
ferred dividend requirements te
S1.68 a share on common stock
This compared with Sl,458254, or u
cents a common share, in the COM
parable 1888 quarter.
Expressed in Canadian currency
net profit for the latest quarter
would be increased about 100000
At the end of the 1888 quarter
American and Canadian currencies
were quoted close to parity.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21

gan, Stanley according to his means
and inclinations.
Harold Stanley testified that Nor
gan, Stanley earned gross profit
OF $12 $3.50 900 in less than four years,
60 per cent of which came from
management fees and that it lost
money on only one of 80 issues in
which 1t participated or which 1t
managed. But the firm has not
been able to pay dividends since
June, he said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21

Also PXffa or eXtTaS.
Quotations furnished by National Asso-
citation of Securities Dealers, Inc. which
states they do not necessarily reflect actual
transactions or firm bids or offers. but
should indicate approximate prices.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21

NOTICE-This exchange will be
closed Saturday, December 3d. and
Monday next, Christmas Day.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21
MISCELLANEOJ

Chevy Chase Club LIST Alas 104la 1854
Col Country Club LIST 4l4s 103
Ter Rel g. VIII Corp LIST 4As 100
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21
Federal Lund Banks

NEW YORK. Dec. 81 LP.-Federal Land
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21
Insurance Stocks

NEW YORK. Dec. 81 LP.-Eational AS
ISOLATION of Securities Dealers, Inc:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21
BONDS

PUBLIC UTILITY.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1939-12-21
Investing Companies

NEW YORK, Dec 81 fP,.-National
ISOLATION Securltles Dealers, Inc
Milford chronicle., 1939-01-06
"STREP" INFECTION
CLAIMS ANOTHER
Mrs. CIeOra Murray Succumbed In
Milford Hospital Last Sunday

Streptococci infection claimed its
second victim within month among
residents of the Lewes area last
Sunday when Mrs. Cleora NJ. Muir
ray, residing between Lewes and
Milton, died in the Milford Memorial
Hospital, where she had been under
treatment since last July.
The other victim was Mrs. Boyd
Mills, whose husband arrived in
Lewes on Monday. and whose fune-
raj has been delayed several days
because of his long trip. The Mills
funeral was held from Adkins Fu-
neral parlor yesterday Thursday at
2 O'Clock.
Mrs. Murray was the daughter OF
Mr.. and Mrs. Hiram Outten and a
member of an old Delaware family.
She is survived by her husband. Le-
roy, and two young children, Alden
and Kaye. One brother. Elwood Of
Dover and two sisters. Mrs. Eliza
beth Plummer and Miss Amanda
Outten, also survive.
Funeral services will be held from
Zion Methodist Church Friday at 2
p. m, with the Rev. J. T. Graham
of Nassau and the Rev. Conrad
Hanrer of Rehoboth Beach. of1ciat-
ing. Burial will be in Odd Fellows
cemetery, Milton.