davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat., 1939-10-06
ELECTION DINNER
TURNOUT LARGE
Over $50 Served in Town
Hall By Director OF
Library
MlDDl EBURY
Correspondent: Eleanor READ
Telephone 5-O032

Over $50 persons were served the
election day dinner at the town hall.
by the board of library directors.
Miss Jennie O'Neill was chairman
with Mrs. Charles Stevens in charge
OF the kitchen and Mrs. Fred Beebe
IN the dining room. Others who
helped were: Miss Ruth Stone, Mrs
Arthur Judd, Mrs. Ralph Kingsley
Mrs. Harry Spokesman, Mrs. viii
liam Rich, Mrs. John Nelson. Mrs
Burton Gibson, Miss Rose Ferrante
Mrs. Albert Clark, Mrs. Charles
Harper, Mrs. Charles Rafford, Mrs
Raymond Mills, Mrs. James Millard
Mrs. Ross Salisbury, Mrs. Charles
Miner, Mrs. William McCance, Mrs
William SheparGson, Mrs. Edmund
Eldrldge. Mrs. Walter B. Smith and
Mrs. Ira w. Stevens who sold the
tickets.
The proceeds will be used to buy
reading material for the libraries.
The coming marriage of Miss
Mary Agnes Shea of Lounsbury
street. Waterbury, to John A.. Me
kerk, son Of Mr.. and Mrs. Leo ]
Niekerk, of Middlebury, has been
announced by her parents, Mr.. and
Mrs. Maurice F. Shea of New Ha-
ven. The wedding will take place
In New Haven on Monday, Oct. 23d.
Taxpayers are reminded that
property lists must be filed with the
assessors. Arthur Judd, Daniel Liz
das. Edwin Atchison or the town
clerk. Harry E. Clark. during Oc-
tober. Failure to list taxable prop
srty will add 10 per cent penalty
Mrs. John Ivory of Hillcrest has
returned from visit with relatives
in Arlington. Mass.
The Waterbury Democrat., 1939-10-06
Educators Fail to Designate New Teachers Salar'

Of a nat increase is fair to all. anC
reiterated his objections to Mr.
Mannweiler's statement. Mr.. Mann.
weller said he had misunderstood
him. Mr.. Kelly said, II refuse to bt
obSequious In any argument here"
A discussion then arose, brought
up by Mr.. Meegan and supported BY
Mr.. Kelly, as to whether acceptance
Of the committees report as moved
by Mrs. Downes would not mean ap-
prevail Of the adjustments.
Leary Matter
During the discussion of the Leary
salary matter, Peter Meegan SUBJ
mitted a letter of recommendation
parts of which are printed in an
other section here, given Mr.. Leary
in 1925. The letter praised Mr. Leary
very highly. 1t was written when he
left Vanderbilt University, where he
taught II years.
In opening the discussion, Mr..
Kennedy asked Chairman Mann
weller if he would have ali open
mind. II always have an open mind
as long as my heart BEATS" the
chairman replied.
In commenting on the letter, DR..
Kennedy said number of men in
this vicinity who studied under MIR.
Leary also say he was the best teach
er they had.
Mr.. Mannweiler inquired what
subjects Mr.. Leary was teaching in
high chool and Supt. Chittenden
said he taught four periods of Eng
hsr and one period of general SCI
ence. The letter showed Mr.. Leary
had taught in college biological
chemistry, research and was head of
the chemistry department.
Mr.. Kelly then moved, in view of
the letter, thai Mr.. Leary's salary
be $3.50 per year.
"You are getting 10. of talent
for that money and you don't ap-
preciate," DR.. Kennedy asserted.
Mr.. MannWeiler said ne fas not
changed his views. He indicated the
$1,000 salary for Leary to start on
is higher than was given others in
the past.
Possibly Too Big"
Possibly Mr.. Leary is too big for
us here. should say he was, iudg-
ing from that letter I don't think
we are big enough to require a man
OF thai caliber, Mr.. Mannweiler add
ed.
However he has been out of work
and should be glad to get $1,000,
Mr.. Mannweiler indicated, in view
OF the numbe,' without work.
The Waterbury Democrat., 1939-10-06

Club will he foid a. 2 :, -. n. NJ
sonic han With As~s u1ss "a.
Noble. III rres,de,t =, -. e ss...s.
club. giving an adSrs.s - 80 ,'s,,, $500
Rirfhs xnr~. -, Y. N'''''''@
Announcement has 49,, ,,,.s. :,
the birth T,,a~dav ~ |. -, -'. ~ =.
Marv,s hosnitsi weter,,, vn = ~
and Mrs Edward plosrt u 1 -
wood street, A son was tor =, ,,s .Ss
day at ST sMarv,s hosniteI - ~
and Mrs. Emmett woosfs~ ~ r,,' -. +
nv Hill road. = 800
CounIe Fef.d
With about 25f, ATTENDING M .ns
Mrs. Anthony Daikus wiz 80, rsc., 49,, ~.
moved to their new home ~ 1o
Lewis street were feted recs,stI,,
q party held at Linden nary ns,,cs
ing was eniovAd and refreshr,e,,te
served.
Officers Elected
Officers Of the M;IIville ri,,r.r,
Association were elected At the he a.,
nual meeting Wednesdav nioht 4,
the library They are. Albert Nc.
re-elected as nres;ae-.. ~.
Charles Jones vice-nresident. pe,,I
Passeck. secretarv and treas,,rs -.
Mrs John weber lihra r;ar. NJ
Charles Jones chairman of the iii.
rary: Frank Anderson PAM pas.
seek and Harold sawcz,k tr,,stees
The executive Committee Consists i,
John OBrien Mrs PAM passecL
Evening star., 1939-08-28
Foreign Exchange

NEW YORK. Aug 2S tP.-The British
pound sterling took a fresh nose dive Of
.12 cents tn S4 % in terms Of the dollar to-
day. but little business was done and the
quotation was purely nominal Earlier in
London the unit sank to q low Of $4.12
before rallying.
The new drop was continuation of
the break in evidence since the equaliza-
ton fund cut loose from the money last
week and in addition reflected further
during the week end.
The Canadian dollar lost 1s4 cents but
here again the rate was nominal.
Other European currencies were under
pressure. but held losses to moderate
amounts.
Noon rates follow Great Britain in
dollars. others in cents Great Britain.
demand. 4.2s; Great Britain. cables, 4.2S;
60-day bills unquoted: 9O-day bills un-
gu S1otsd; Canada, Montreal in New York
l02. ION; Belgium 1925: Denmark and
Finland unquoted; France. 2.4712; Ger
many. Greece and Hungary unquoted Italy.
5.26hz: Netherlands. 537O; Norway Po-
land, Portueal, Rumania and Sweden un-
quoted: Switzerland 22.6 80: Arsentina lon1.
cial) and dree' unouoted: Brazil (ofhcial
and free) unauoted; Mexico, unauoted
Japan, 25.O5 Hong Kong, $3.50; SHANGHAI.
s.15: Yugoslavia unquoted
Rates in spot cables unless otherwise
indicated. n Nominal.
Evening star., 1939-08-28
Uncertainties Depress
San Francisco Stocks
Special Dispatch to The Star.

SpcCidl DlSpNtCn 70 Inc StaT.
SAN FRANCISCO, Aug. 2s.-Un-
like last September, the San Fran
cisco Stock Exchange during the
present European crisis has not yet
had an opportunity to reverse in
late trading the trend established
earlier IN other trading centers.
On Tuesday and again on Friday
of the last week, late developments
produced a fractional weakening of
bids on the San Francisco Exchange
below Eastern closes, but no actual
sales resulted.
On Friday especially the net ef-
feet was to increase uncertainty and
inactivity rather than to bring
about a definite reaction.
Throughout the week the volume
was only fair, even when prices
showed the sharpest swings. The
exchanges average incurred a loss
from Friday to Friday of sl29, end
ing the week at $26.46. At the low
est point on Thursday the average
at S26.l6 was less than 81 above the
years low.
Evening star., 1939-08-28

which figures are available because
OF the Treasury's policy Of waiting
three months before publishing in
ternational monetary statistics.
heavy sellers of American securities
were England, Canada and the Far
East. Substantial buyers were
France, Switzerland and the Meth
erlands.
The report indicated that the pro-
ceeds OF the securities sales went
mostly into bank deposits on this
side OF the ocean and, considering
all kinds of capital movement. for
eigners added $47,076, 900 to their
liquid resources here.
Since the first of the year, for
eigners have sent S791 ,544 900 of CAP
ital here for investment or safe
keeping.
Evening star., 1939-08-28
Steel Rate 10 Climb
Fraction More 10
s. Per Cent
Steel Institute Cites
AZ Per Cent Level
Of Year Ago

By the Associated Press.
NEW YORK, Aug. 23.-The Amer
lean Iron and Steel Institute today
estimated operations in the steel
industry this week would advance
8 of one point to $50 per cent of
capacity, highest since October,
1887 This compared with 62.2 in
the preceding week.
A month ago operations were at
the rate of 593 per cent and year
ago 440 per cent.
CLEVELAND, Aug. 28 (P.-For the
first time since early July the steel
industry's operating rate failed to
climb last week, holding steady at
63.5 per cent of capacity, says the
magazine Steel
Seven districts were unchanged
and slight production variations in
five other areas were virtually bal
anced
Reports from several points in
dicate ingots are going at once to
finishing mills, without accumula-
ton of raw STEEL the publication
adds. I'm some instances bookings
are less than production, but back
logs are sufficient to insure a con-
tinuation of mill activity at about
the present level"
Operations held firm last week in
the Youngstown district at 55 per
cent, Birmingham. rs; Pittsburgh
56; Wheeling. So; New England, 70;
Detroit. 49, and st. Louis, ST.
The Buffalo district advanced IS
points to COS per cent, Cincinnati,
3 to SO. and Eastern PENNSYLVANIA.
to "a. Cleveland dropped 35 points
to 80 per cent and Chicago, to S.
Scrap prices are firm and ad
vances in the East reflect buying for
export" Steel observes. THE COM
posite for steelmaking grades ad-
vanced cents last week to $3.50,
highest since the middle of October,
1887. Japan is said to be seeking
to buy as much as 100000 tons on
the Atlantic seaboard."
The magazine reports further
that:
Revision of differentials on hot
rolled alloy steel products, effective
October l, increases base quantity
from 3 to 20 tons
Effects of increased automobile
output are felt in many lines.
Plates are furnishing consider
able tonnage for future rolling,
Maritime Commission ships placed
since July l accounting for $1,000
tons.
Railroads. despite financing prob
lens, are buying rolling stock to
meet urgent needs.
Evening star., 1939-08-28
break Of hostilities ever develops in

break Of hostilities ever develops in
Europe.
If the fall danger period passes
with no outbreak of war, attention
will again be concentrated on do
mestic problems. The current po-
litical situation must be considered
as definitely improved over that ex-
isting several months ago. The cen
gressional revolt against Roosevelt.
in the last few weeks of the session
was definitely heartening to general
business. However, it should be
borne in mind that a period OF
stormy political strife lies not so far
ahead, and that party feelings are
likely to become very bitter as cam
paigns get under way early next
year. If President Roosevelt fol-
lows his present party program
there will be wide open break in the
Democratic ranks next year, with the
more conservative element arrayed
against the more radical.
Defeat Only Hope.
Recently there has been a change
in the outlook for restoration of
business confidence. More or less
patiently business has been looking
for some shift in Roosevelt policies
which would provide the basis for
better relationship between private
industry and the administration.
Now, however, the chief hope of
business rests on the chances of an
overthrow of the Roosevelt regime.
1t is becoming increasingly evident
that the possibilities of an admins
trative about-face prior to 1910 are
approaching the vanishing point.
Under existing conditions, busi-
ness recovery is likely to proceed
moderately during the near future.
1t seems likely that gains in heavy
industry activity will be limited, at
least until the 1910 political trends
can be more clearly visualized. Busi-
ness faces far different type of
NeW-Dealism at present that it did
in 1888. The -Tugwell pro-
gram was definitely not anti-big
business, in sharp contrast with the
antagonistic spirit of the Corcoran-
Cohen program.
The current recovery will follow
the pattern of those eliminating in
1867 and 1888, unless gains in
consumer industries are able to sus-
tain business improvement until
restored confidence stimulates heavy
industry-capital goods recovery. 1t
is entirely possible that such a
sequence may develop if conserva-
tive forces continue to demonstrate
gains which forecast a change in
national political policy in 1910.
THE ingredients for recovery are
present. They will become effective
this fall If foreign affairs turn
qulescent. To sustain a recovery
| trend, the United States Govern
ment must provide business with
the opportunity of elf-development,
rather than the present policy of
! subsidlzing every element in the
| population, from farmer to con-
sumer, while sitting, investiga ting
and regulating the enterpreneur.
Eventually, the Nation will either
turn back to private initiative
economy, or go whole hog for Social
ism. In view of the political philos-
ophy of the average American, it
seems more probable that the former
course will be chosen
Evening star., 1939-08-28
Business toDepend
On Political Drifts,
Poor Reports
UnpredietobIe Factors
At Home and Abroad
Cited by Review
Special Dispatch to The Star.

special Dispatch to The Star.
NEW YORK, Aug. 28.-Although
the economic ingredients for re-
covery are present, the current out
look for business is utterly domi-
mated by foreign and domestic po-
litical currents, according to a new
analysis of the fall outlook in Poor's
Investment Advisory Service. Un-
predictable political problems offset
the present promising economic fac
tors-deflated inventories, need for
industrial expansion, low but firming
commodity prices and an upturn in
industrial production.
THE whole undertone of the in
ternational situation remains un-
favorable-as it has been during all
of 1889" continues the analysis.
Foreign conditions are again max
ing the headlines as the critical fall
period, or the war danger season.
approaches Market forecasts must
be made, therefore, upon the pre-
sumption but not the certainty of
peace
From many points of view, Ger
many and italy are now relatively
less favorably situated than was the
case year ago or even last spring
Hitler'S seizure of CZeCho- Slovakia
stands out as the most colossal tao
tical blunder of his meteoric career.
Internally, Germany Is faced with
the impossible task of absorbing the
embittered and highly race-con-
scious Czech population. which
could prove extremely troublesome
in time of war. Externally, Hitler
definitely set the stage for the full
speed ahead" signal in the rearma-
ment drives of England and France
Although these countries have now
closed considerably the gap in de-
gree of preparedness, Germany's
aggression pact with Russia
was serious blow, the effect of
which cannot yet be evaluated.
Strained by Arms Race.
THE axis powers, even prior to
the theft of Czecho-Slovakia, had
been straining every national fiber
in their rearmament pace The
pressure is beginning to take its
toll of the German internal econ
omy. Financing is strained to the
breaking point There is a scarcity
of labor for time industries
There is an appalling diversion of
all available raw materials to war
industries. Self -sufficiency' is a
myth. as indicated by Hitler's state
ment that Germany must export or
die On the same premise, there
fore, she also must import or die
1t is significant that, in spite of the
highly publicized German method
of producing synthetic rubber, the
Reich was recently large buyer of
rubber in the British market.
The degree to which the inter-
national situation will affect United
States economy and domestic secur-
ity markets will be at its height over
the next few weeks. In the final
analysis, more PREACHING effects
upon both national and world econ
oAAAy a. AAhCly " CllSuC 1Olkl Id
tional bankruptcies which are
threatened by the unsound economic
systems of the major countries of
the world, particularly those of Ger
many and Italy. 1t is not necessarily
war which will bring financial dis
aster to the leading nations of the
world, but the enormous cost of pre-
pairing for war under modern con-
dltions, even though no actual out
Evening star., 1939-08-28
Bar Gold Jumps
To New Record
| At London
By the Associated Press.

LONDON, Aug 2S.-Reacting to
the highly nervous and irregular
course followed by sterling. bar gold
again hung up a new record high
when the official price was posted at
16l shillings an ounce today, an
advance of 6 shillings over Satur-
days quotation.
The gold price was fixed on a
supply and demand basis and had
no exact relation to the sterling
dollar rate. 1t followed similar ac-
ton taken by the authorities the
latter part of last week.
At the time of price fixing specula-
tive profit taking was attracted and
accounted for a turnover of f740. .000
available in the open market taken
for unknown destinations.
Bar silver was quoted at 1915
pence, a decline of IS l16 of a penny
from Saturday. Based on sterling
at $423R the equivalent worked out
3645 cents.
Evening star., 1939-08-28
SPOT Hide Prices Down
AT Chicago in Week
BY the Associated Press.

BY the Associated Press.
CHICAGO, Aug 28-Hide prices
were lower last week in the big
packer spot market. Trade was
active but slightly smaller. totaling
about 10000 hides, compared with
about 100000 the previous week.
Prices were generally y cent
lower. Heavy packer native and
Texas steers sold at 10l7 cents, down
y cent. Extra light native steers
were down y at II cents. Heavy
and light native packer COWS also
were down "a at 1912 cents. Packer
bulls were unchanged. branded all
weights selling at Ga cents.
Packer calfskins declined a cent.
heavy Northerns selling at 1872 and
river point heavies at 17i2 cents.
Hide futures in New York ad-
vanced SO to Al points for the week.
Futures on the Mercantile Ex-
change here gained Is points for
the period.
Evening star., 1939-08-28
Crisis More Than Doubles
Chicago Grain Volume
By the Associated Press.

BY the Associated Press.
CHICAGO, Aug. 28.-The war
scare has more than doubled bust.
ness on the Chicago Board of Trade.
Analysis of statistics today on deal
ings in grain futures in the worlds
greatest market for this type OF
trading showed that more than 243,-
600 900 bushels Of all types of grains
changed hands during last week S
rapid and wide price swings.
This compared with only 103 ,808,-
600 bushels bought and sold the
previous week and 152678, 900 the
corresponding week a year ago.
Additional commission house en-
ployes have been posted on the trad
ing floor, handling telephone and
wire connections with branches all
over the world. During recent ses-
sions the grain pits have been
more crowded than at any time since
last September's war scare.
Although there has been no change
in clearing house margin require
ments. some firms have increased
their non-member margin rates for
trades in grain.
Evening star., 1939-08-28
New York Bank Stocks
OFF 4.59 Per Cent
Special Dispatch to The Star.

opcCihi blephtSi W Auc otal.
NEW YORK, Aug. 28.-A sharp
downward swing in the New York
City bank stock market at the close
of the past week carried values
down to the lowest levels recorded
since April %, according to records
compiled by Holt, Rose g. Troster.
The aggregate market value of
l6 leading issues on August Is was
81 1868 ,272 900 compared with 1,434,-
Isl 900 at the close of the previous
week, a decrease of $65 ,S79 900, or
4.59 per cent.
The current average yield of the
16 issues of 4.72 per cent compares
with a yield OF 451 per cent on
August 18. The current market
value equals 81 per cent of the
known book value against 102 per
cent q week ago.
Evening star., 1939-08-28
Dollar Again Moves
Sharply Higher in
London Dealings
Appreciates to 4.12
To Pound; Closes at
$4.251z Level
BY the Associated Press.

BY the Associated Press.
LONDON. Aug 28-The United
States dollar, unchecked by official
control, continued to perform in
sharply erratic fashion today.
The unit opened 4.4O to the
pound, quickly appreciated to 4l2,
then fluctuated nervously and final
ly closed at 425l2, compared with
a nominal quotation of s439 for
sterling in Boston on Saturday.
The French franc also reacted
favorably in relation to sterling and
ended 1855 to the pound against
1920, unofficial, the previous close.
PARIS, Aug. % (P.-Final quota
ton for the United States dollar
was 4l05 francs (2.436 cents to the
franc, in an active foreign exchange
session today. The rates compared
with 2.5l0 cents to the franc in
Boston on Saturday.
Trading in the Bourse ended with
3 per cent rentes quoted 1900 francs;
4l2s, "A $500: 412s, 1887, l5840.'
Evening star., 1939-08-28
Dry Goods Market

NEW YORK. Aug % LP,.-Cotton tex
tile trade was at 4 minimum today as buy
ers waited for a little clearer view of
events abroad. Prices. however held gen
orally steady as mills refused to sell at
concessions.
tight in the rAyon market Mills were
unwilling to book new business until they
could obtain sufhcient acetate yarn sup
niles Silk moved slowly
Demand for fall weight Goods tapered
on in the WOODEN foods division. Fair
buying appeared In burlap, although for
ward husineoA.
Evening star., 1939-08-28
Foreign Markets

LONDON Aug 2S tP,.-The stock mar
ket held steady today, with sharp ad-
vances registered in copper gold and min
ing shares Tobacco. chemical. rubber and
distilling issues also made god gains, while
cable and wireless and some drugs lost
about a point British gilt-edged funds
closed at the fixed minimums and foreign
bonds were unouoted. Dealings in Amer
ican issues were at a virtual standStill
due to new official regulations governing
such trading.
PARIS.-Continued rise in the dollar
strengthened prices in the Bourse early
today. but toward the close there was a
hesitant feeling ard international issues
finished 20 centmes lower to 24O higher
and banking shares were dwon 80 to $50
francs.
Evening star., 1939-08-28
New York Suqur

NEW YORK, Aug % GP.-World sugar
futures advanced today as trade covering
in nearby positions and commission house
buying in distant deliveries found offerings
limited. Late afternoon prices were / y
to z points higher
Continued tension abroad kept the mar
ket's tone nervous and prices sold of
from early highs on profit taking and pro-
ducer liquidatio September sold at
1.2s. No 8, and Nav AZ 1.2S, up "a
Domestic futures were steady and un-
cha anged to . points hisher responding to
trade and reflner buying and a better tone
In the raw market
Sale of Philippine sugars for Septem-
Der arrival was reported at 90 cents up
points. Cuban sugars we're offered at
z basis of 2.05 cents cost and freight
Evening star., 1939-08-28
Foreigners Liquidoted
US. Securities in Nav

BY the Associated Press.
The Treasury disclosed yesterday
that foreigners reduced their hold
ings Of American securities by ST.
708, 900 in May.
Except for heavy buying in April,
foreigners generally have been nqui-
dating so far this year. For the
first five months the net liquida-
ton totaled $1,686,0OO.
During May, the latest month for
Evening star., 1939-08-28
Crude Oil Prices

TULSA. Okla Aug. 2s GP-Base crude
prlcesS Mid,continent areA-nlinois, 81 O5:
to Sl.l0; North North Central and West
Central Texas. gravity scale 81 to SO
cents East Texas 90 cents: West Texas
gravity scale 33 to IS cents: North
Louisiana-Arkansas. gravity scale, So to
IS cents
Rocky Mountain area-Salt Creek Wyo.
gravity scale, ai cents to SIlO
Eastern area - Pennsylvania grade
Bradford -Aleganyl. So 90 same grade in
southwest Pennsylvania lines ST IS: same
grade in Eureka lines 81 50: sam, srade
in Buckeye lines. SI55
Evening star., 1939-08-28
Hecker ProductsC Corn,
Earns $1,969,903
In Fiscal Year
Result Compares With
1851 ,405 Recorded in
Previous Period
BY the Associs ted Press.

By the Associste ted Press.
NEW YORK, Aug. 28.-Hecker
Products Corp. and wholly owned
subsidiaries today reported net profit
of 81 800 ,903 for the fiscal year ended
June 80, equal to $121 a share on
1,629,702 shares of common stock,
compared with 1851 ,4O5, or Is cents,
on 1902, ,8O2 shares of common in
the preceding year.
Company manufactures household
products at plants throughout the
country.
Evening star., 1939-08-28
Metal Market

NEW YORK Avg % lPl.-Coppel
steady; electryltic spot. 1880. export
1880 nominal Tin barely steady; spor
and nearby 500: forward 47sC Leac
steady; spot New York 5.05-5lO: East
st Louis 40. Zinc steady; East s.
No 2 fob Eastern Pennsylvania % 90
Buffalo. q 90; Alabama. 1900. Aluminium
virgin 80 per cent 1000. Antinony. Chi.
nese spot, IA 90 Quicksilver. ss.O0-97 90
Platinum, pure 35 90. Chinese wolf
ramite duty paid. 100000.