davidaulloa/AmericanStories huggingface dataset:
Evening star., 1939-06-08
General Motors Sales
Show Decline in Nav
By the Associated Press.

By the Associated Press.
NEW YORK. June s-General
. Motors Corp. today reported May
sales to consumers in the United
States totaled 129.053 units, COM
pared with 1852 in April and
92.593 in May last year.
Sales to dealers in the United
States last month amounted to
1l2,868 units. against 126275 in
April and 7l.676 in May. 1898.
Total sales to dealers in the
United States and Canada. plus
overseas shipments, stood at 145.-
1856, compared with l58,969 in April
and 104,115 in May year ago.
For the first five months OF the
year consumer sales in the United
States totaled 575.S43 cars and
trucks, compared with 422,O4o in
the similar 1888 period. Dealer
sales in the first five months
amounted to 614,74O. against 347,O5
in the first five months last year.
Total sales to dealers in the United
States and Canada, plus overseas
shipments. amounted to 794,039.
against 512,045 in 1898.
Evening star., 1939-06-08
Public Utility Bonds
Hit Two-Yeur Hiqh
B. the Associated Press.

B. the Associated Press
NEW YORK, June 8.-Public util-
ity bonds, under what analysts de-
scribed as creeping bull market" !"
have lately reached the highest
average price levels for almost two
years. according to the Associated
Press index.
In contrast, railroad bonds have
been rather unsteady in recent
weeks at levels well under the 1899
highs.
There is a marked kinship to the
extent that both industries are sub
ject to State and Federal regulation.
Analysts believe the divergent price
trends are explainable thus: Utilities
going ahead on raising hopes of
further betterment in relations be-
tween the Federal Government and
the private power companies; rails
tagging because of investor disap-
pointment over the failure of ex-
pected rail aid legislation to ma
terialize SO far.
Evening star., 1939-06-08
Uncertainty Hits
Motor Car Industry
At Halfway Point
EorIier Swing to New
Model Assemblies Is
Generally Accepted
BY the Associated Press.

BY the Associated Press.
DETROIT, June 8.-What start
ed out as a year OF approximately
normal activity in the motorcar
industry has developed, near the
halfway point, into one of as much
uncertainty as the makers of mo-
tor cars have experienced at any
time during the last decade.
An earlier swing to new model
assemblies this year, generally ac-
cepted in trade circles as assured,
will give substantial boost to the
aggregate production of the fac
tories this year, barring some fur
ther labor difficulties, but the i'm
preston has become almost an ex-
pectation that output OF the as
sembly lines for the calendar year
will not pass the 3,500,000 mark.
The peaks and valleys of new
car production that vexed the in
dustry almost as soon as it got
we'll into mass production have not
been leveled off despite the ex-
tended study the problem has re-
ceived from manufacturers and
sales managers. After the $780,
900 unit output in 1929, with its sub
sequent collapse of consumer pur-
chasing capacity, manufacturers
and distributors generally agreed
that there will be no more $780,
600 car years" in the industry's pro-
grams.
Hope for Sterilization.
Another such year came in 1887,
however, after a fuctuation in as
sembly totals that touched q low
of 1,43l ,467 cars and trucks in 1882.
Producers believed that by advance
ing their new model introduction
date couple Of months they could
bring about a stabilization of dis
trlbution that would eliminate the
f1uctuation in assembly plant ac-
tivity from year to year.
The policy of introducing new
models in October or November does
not have the united support of the
retail division of the industry. The
dealers association is advoca ting
again return to what it terms mid
winter introduction of new models.
That would mean a return to the
earlier policy of bringing out new
models in January. The dealers
claim this practice would step up the
sale of new cars throughout the
calendar year.
Dealers Want Aid.
The dealers association also is
urging participation by the factory
in dealer losses incident to model
changes and standard of used
car values TO reduce losses incurred
in trade-in transactions. Dealers
are being urged by the manufactur-
ers, on the other hand, TO avoid
exorbitant allowances on used cars
accepted as part payment on new
vehicles. The manufacturers term
this one of the greatest evils of mo-
tor car merchandising
Field reports to factory sales ex-
ecutives report slight increase in
used-car stocks during the last few
years. So far as the advices show,
however, the accumulation of sec
ond-hand vehicles has not reached
the volume where 1t interferes ma
terlally with neW-car demand.
Evening star., 1939-06-08
Bethlehem Steel
Plans S25,o00,oo0
Issue Of Bonds
Proposal Is Leader
In Moderate Revival
Of New Financing
By the Associated Press.

BY the Associated Press.
NEW YORK, June "a moder-
ate-scale revival of new financing
In Wall Street was marked today by
plans for a public flotation of s25,-
100000 in bonds by Bethlehem Steel
Corp.
Eugene G. Grace, president of the
steel concern, announced filing with
the S. E. c. of a registration state
ment for an issue of 20-year con-
solidated mortgage 34 per cent
bonds to provide working capital
and to refund outstanding bonds of
subsidiary units.
The scope of the current revival,
bond men said, was indicated by
public offering Of S71,0OO 600 in
bonds of the California Toll Bridge
Authority covering financing of the
San Francisco-O Oakland Bridge The
bonds were purchased by an under
writing group, headed by Dillon.
Read & Co, from the Reconstruc-
ton Finance Corp.
The Government agency, accord
. Ing to reports from Washington,
realized profit of $2,84O, 600, repre-
sentlng the premium paid by the
underwriting group.
The bonds, maturing from 1910
to 1876, were re-offered by the
syndicate at prices to yield from
n of l per cent to $50 per cent,
depending on the maturity.
The Port of New York Authority
invited bids for sale of s17,5OO 600
In bonds as result of generally
improved conditions" The financ-
Ing was postponed during the war
scare.
The Bethlehem issue, it was said.
probably would be offered to the
public June q by an underwriting
group headed by Kuhn, Loeb a.
Co, Smith Barney g. Co., and
Mellon Securities Corn.
Evening star., 1939-06-08
Hidden Tuxes
Oil Industry
Is Heavily Toxed
BY ALFRED c. FRODEL,
Tax Attorney and Consultant.
Article 10.


You should be interested to know
that the petroleum industry which
produces the Oil, gas and other prod
ucts from oil wells to service sta
tions paid approximately $l,277,-
681 900 in taxes to the Federal,
State and local governments dur
ing the year 1888 because these taxes
are paid by everybody who buys
these products. In paying these
taxes the petroleum industry handed
to the political governments a sum
equal to one-tenth Of its total value,
since the capitalization of the en-
tire industry, from oil wells to serv-
ice stations. is estimated to be ap-
proximately $4,000, ,OOO, 900. To re-
duce it to its simplest terms, the in
dustry could have given a 1O-dollar
bill to each living person in the
United States, and the amount dis
tributed would not have exceeded its
tax payments Most of these taxes
are supposedly collected for high
ways and bridges used by motorists,
yet a large portion of this revenue
is used for other purposes.
tReleased by the Bell Syndicate, Inc)
Evening star., 1939-06-08
Banks importance
To Small Business
Is Stressed
Institutions Are Doinq
Utmost to Make
Loans, Benson Says
Special Dispatch tn The Star

Special Dispatch to The Star.
MILWAUKEE, Wis, June 8-The
Importance of the small business
man and the small bank to each
other was stressed at the annual
convention of the Wisconsin Bank
ers' Association here today by Philip
A. Benson, president of the Ameri-
can Bankers Association and presi-
dent Of The Dime Savings Bank of
Brooklyn, N. Y, in an address on
New Frontiers in Banking
Mr.. Benson deplored the current
campaign again.t banking and busl-
ness, which he said is now taking
new course. The current effort
is being made through an appeal
to the small businessmen" he said.
1T says the big fellow doesn't need
credit or capital and the little fel-
low who needs them cannot get
them. Therefore the Government
must provide them"
Stating that he hopes mo wedge
can ever be driven between the
small businessman and the banker" 3"
Mr. Benson asserted that the bank
ing business is typical of small busl-
ness. The banking system consists
OF 5000 banks, which, with very few
exceptions, are locally owned COM
munlty institutions ministering to
the financial needs of their COM
munities. The great majority of
them are small banks and they offer
an essentially small business service.
THE banking system could not
continue to exist on its present scale
If it depended entirely upon big
business. Small business is neces-
sary to its existence and it serves
small business just as we'll as big
business"
Asserting that banks are doing
their utmost to make loans" Mr..
Benson remarked that they are
organized for that purpose. Bank
ers are trained to make loans. They
need loans and loans are their best
form of earning assets" He said
a recent study made by the Ameri-
can Bankers Association indicated
that sc out of every 100 banks are
making positive efforts to stimulate
loans; that Is out of every 100 are
advertising for loans; and that So
out of every 100 are making per-
sonal solicitation for loans; and
that So out of every 100 are offering
open lines of credit to business
firms. On the other hand" he
added, less than 80 per cent of
these open lines of credit are being
used by business.
Evening star., 1939-06-08
Bond Issue Is Offered
By Consolidated Gas
Special Dispatch 20 The Star.


BALTIMORE, Md, June g.
White, Weld IL Co. are heading an
underwriting group which yesterday
made public offering of $1,000, 900
30-year series P 3 per cent first
refunding mortgage sinking fund
bonds of the Consolidated Gas Elec-
trio Light e. Power Co. of Baltimore.
Other members of the group in
clude: The First Boston Corp,
Minsch, Mcneil e. Co., Inc; Joseph
w. Gross e. Co., Lee Higginson
Corp, Alex Brown & Sons, Baker,
Watts g. Co.. Mackubin, Legg & Co.,
Robert Garrett e. Sons and w. w.
Lanahan e. Co. The bonds, which
are dated June l, 1899, to mature
June l, 1869. are priced at los per
cent plus accrued interest.
Net proceeds of the issue will be
applied in part to the payment at or
before maturity on July l, 1899, of
So 3,400,0 900 consolidated first mort
gage per cent bonds of the Con-
solidated Gas Co. of Baltimore City,
the balance being applied toward the
companys capital expenditures and
for other corporate purposes
The indenture covering the new
issue provides that any or all of the
series P bonds outstanding shall
be redeemable at any time at the
option of the company upon not
less than 80 days notice, at lO8 per
cent on or before June i, 194l;
lot per cent on or before June /,
1914; LOG per cent on or before
June l, 1858; 104 per cent on or
before June /, 1857; 103 per cent
on or before June l, 1861; 102 per
cent on or before June /, 1864:
l0l1a per cent on or before June /,
1865; l01 per cent on or before
June l. 1867; 1902 per cent on or
before June /. 1868: l00A per cent
thereafter to maturity.
Evening star., 1939-06-08
SeiberIing Rubber Files
S. E. G. Statement
Py the Associsted Press

Seiberling Rubber Co., of Akron,
Ohio, filed yesterday with the Sc
curities Commission a registration
statement covering $4,000 shares OF
no-par value SIS cumulative con-
vertible prior preference stock and
203,889 shares Of no-par value COM
mon stock.
Proceeds from the intended issu-
ance and sale of these securities,
the registration statement disclosed,
will be used to pay an outstanding
bank loan and for other corporate
purposes.
The principal underwater will be
E. H. Rollings & Sons, Inc, of New
York.
Evening star., 1939-06-08

States would enjoy an export trade
boom. 1t is not likely, however,
that these funds will be used in this
way unless European war breaks
out and foreign countries are forced
to depend TO large extent upon
the United States for supplies.
II Europe's political problem is
solved withoutaa war, it cannot be
expected that any great part of the
foreign funds in the United States
will be used for the purchase of
American goods. Some of these
funds will probably be left in this
country, while part of them will
be Withdrawn in the form of gold.
Evening star., 1939-06-08
American Glassware
Market Is Boosted
BY the Associated Press,


European political tension has
created new markets for United
States manufacturers of pottery and
glassware in Canada.
The United States Consulate at
Toronto advised the Commerce De-
partment that several Canadian
buyers, who formerly dealt with
Czecho-Slovakia and other European
countries, have purchased United
States pottery and glassware in re-
cent weeks for the first time in years.
Czecho-Slovakia, particularly the
Sudeten area which was the first
part of that country taken over by
Germany, was one of the principal
foreign suppliers of glassware to
Canada and the United States.
Evening star., 1939-06-08
Bank of France

PARIS. June lP.-Bank of France
statement as of June Tin millions OF
francsl:
Gold reserves, % 266. unchanged.
Balances abroad 12t, decrease IL.
Discounted commercial bills-France,
S6.761 decrease 1.O06
Negotiable bills bought in France, 26SS,
decrease g.
Advances against securities, 3.51l, in
crease Ill.
Thirty-day advances against govern
ment securities, 357. increase $40.
Temporary advances to state 2O576
UNCHANGED.
Circulation. l22,a0O, increase .s1o
Total credit to current accounts On -ou
decrease 1,433 -o''oo'
Ratio Of gold to sisht liabilities elos
per cent compared with 64.2s last w.eG
Rate OF discount. per cent,
Evening star., 1939-06-08
Chain DRUG SoIes Stotic

The Commerce Department says
average daily sales of chain drug
stores in April were even with the
same month last year, but inven-
tories at the end of the month were
2 per cent below a year ago. April
sales were 2l2 per cent higher in the
East North Central region than last
year, but were 4 per cent below in
the East South Central region.
Evening star., 1939-06-08
Wilson Named President
OF Pittsburgh Steel
6S the Associated Press,


GLASSPORT, Pa. June, s.-The
Pittsburgh Steel Foundry Corp. an
nounced today the election of Parker
F. Wilson. Wheeling Steel Corp.
executive, to succeed J. A. Hassel as
president. Mr. Hassel becomes chair
man of the board of the $4,000 900
company, a new position He had
been president since 1925 and an
executive since the company was
founded in 1899.
Pittsburgh Steel Foundry this week
settled a three -month-old strike by
the c. L O's Steel Workers Organiz-
ing Committee and will resume
operations next week. Settlement
OF the strike provided for the return
OF workers at former wage scales.
The company had demanded the
union accept Is per cent wage cut.
The company operates plants in
Glassport and Sharon, Pa.
Evening star., 1939-06-08
Pine Coal Company
Files in Bankruptcy
By the Associated Press.

Ds tITt E1ooUNIdIPU fItSS.
SCRANTON, spa, June 8.-The
Pine Coal Company of Old Forge,
Pa, filed a voluntary bankruptcy
petition in Federal Court yesterday
listing liabilities at $65 5,654.58 and
assets at $49,843.88.
Back wages and other unsecured
claims are listed in the petition of
$50, 1922, priority claims at S5,941 72.
and notes payable at $3.50. The to-
tai assets are comprised of the
breaker and other machinery valued
at $48,773.55, and accounts receiv-
able totaling $1,O7022.
Evening star., 1939-06-08
Costing Orders Decline

A Census Bureau report shows
manufacturers of commercial steel
castings booked orders for 34,1O0
short tons, equivalent to 3o4 per cent
of capacity, in April, compared with
Al 1867 tons equal to 369 per cent in
March. and 2l.869 tons equal to
1875 per cent OF capacity in April,
1898.
Evening star., 1939-06-08
J. c. Penney Co.
May Sales
Take Jump
By the Associated Press.

NEW YORK, June 81. c. Pen
ney Co. reported May sales Of $22,-
233,C2O, a jump of 17g per cent over
$l8,853, 1892 in May a year ago. Sales
in the first five months Of the year
of 500, 49, ,274 we're % per cent ahead
of 84,974,118 in the similar 1898
period.
Evening star., 1939-06-08
Washington Produce

.BUTTER-90 score. 1-pound prints. 81;
1-pound prints, 80: tub, 20; L-pound
prints. %
MEATs-choice beef. 1919; good beef,
veal 1913: pork loin, 1919: smoked regu-
lar ham, 23-24: smoked skinned ham "a :;
large. smoked skinned ham. 21: bacon,
sliced. 2s: bacon. piece, 23: compound, TO-;
pure lard. O.
LIVESTOCK Pigs, 12O-14O pounds,
5.00-5.25: light pigs, 140-16O pounds,
$50 pounds, 5.5O-5. Is: 250-3OO pounds.
5.45-5.5O: calves. good grade, down
spring lambs, IL down: sows, 1904. 40;
stags, 2.4O down.
Montgomery Ward Il Co-May
sales were up II per cent, four
months up Is per cent.
Evening star., 1939-06-08
Washington Exchange
SALES-AFTER CALL.

Capital Transit CO.. at 15l.; Is at
15A; 18 at 1884
Evening star., 1939-06-08
Short-Term Securities
CReported by Smith. Bar,

iReported by smith, Barney & Co.
Ala Ct South "A'' IS 1943 10Sla
American Tel & Tel ol2s AZ lll1a l1lSs
Austin &, Northwest IS Al As so
Baldwin Loco Works rs 40 1902 1O2
Central Foundry Is 1941 81 a5
Chicago Union Sta As 1914 105la 1867
Commercial Credit 23As AZ lola lO114
Container Corp IS l943 aals 100
Cuba North Rwys 5l2s a" 34i2 35
Delaware g. Hudson As '43 5Si2 593a
Or Rap & Ind 4l7s l94l 1862 los
Houston OIL lbs 1910 l0ll2 1919
Illinois Steel 4l2s 1910 1O3la 104l4
init Hydro-Eec 6s 1914 81 S1l4
4nterna Mercan Mar Us a 56l2 STA
Lake Erie & West IS 1871 80 IS
tehiRh Val Term Rwy 5s Al so 55
Louis A Nash r r As 40 lO0aa l00Na
Mich Central r r As 1910 99ls aass
Midland r r of j bs 40 IL II
W Long Branch As Al 30h 20
Pennsylvania Co 3l2s la41 103 1891
Penn-Dixie Cement Us 194l 1894 997s
Penna r Co As 1a43 1OS34 1922
Poop Gas 1t e. Coke 6s AZ III
Peoria & Eastern As 1910 4Si2 52h
Phila. Balt & Wash As 1943 10 1l012
Studebaker Corp 6s 1945 1872 S2A
Tenn Cop Il Chem 6s 1914 103 10314
Texas & New Or IS l943 S41a
Union Oil of Calf 6s 1912 114a4 1l6as
Nanadium Corp IS 1941 100ss 10l! "a
Warner Bros 6S 1889 - 10Ul< 1902
Warren Bros 6s 1a41 40 Asa
Western Y & Pa As l943 1013a 11112
White Sewing Mach 6S 1910 lola
Evening star., 1939-06-08
BONDS

PUBLIC UTILITY
Evening star., 1939-06-08
Investing Companies

NEW YORK. June LP.-Investment
Bankers Conference. Inc:
The Waterbury Democrat., 1939-01-05

This beautiful theoter has just been completely renovated for your convenience You will find the otnoos ohere, either in the lobby in the theoter proper greatly enhanced by the beauty and luxury of new upholstered seats, soft yielding carpets and splendid
 interior decorotino
The Waterbury Democrat., 1939-01-05

We are sure you will truly enjoy the high class motion pictures which will at all times and under all conditions be featured Our sound and projection equipment of the latest designs and you may we'll expect and hear sound novingpctures at their best Make the
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1939-05-26
Miss Sidney Lucas to
Marry Robert Nelson
June Is at Church

An announcement of vast inter-
est to many persons is that being
made by Mr.. and Mrs. Henry Lucas
i The approaching marriage of Mr..
Lucas sister, Miss Sidney Pearl Lu-
cas-, to Robert S. Nelson, son of Mr..
and Mrs. Amos G. Nelson of Red
lands avenue.
The wedding ceremony which will
take place before several hundred at
,3ethel Baptist church Friday even
ing, June Is, promises to be one of
the most attractive of the summer
wedding season. Rev. Charles 7.
Isom will officate.
A series Of parties in honor of
the bride-elect will begin this week
end. Miss Lucas is actively associ-
ated with several organizations of
young women in the city. She is q
graduate of the Dayton Teachers
college and the University Of Gin
cinnati.
M. Nelson studied at the Ohio
university. He is prominent
realtor.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1939-05-26
RABBI WITT
TO TALK ON
BIG QUESTION

The one big question facing the
world today is ssWhat Can Stop
Hitler?', Whether the present en-
circlement policy Of Premier Neville
Chamberlain can prove effective in
crushing the ambitions Of Hitler is
doubted in many Informed quarters.
Following it's policy of presenting
discussions of important issues the
Dayton Forum Council of the WpA
Opportunity school will hold q fc-
rum Sunday at 3:45 p. m. at the
Bethel Baptist church. Rabbi Louis
Witt, pastor of Temple Israel and a
citizens in civic affairs will discuss
prominent representative of Jewish
the subject "What Cap Stop Hitler"
Plans for an interesting COM
mencement program are being push
ed by members of the WPA Oppor-
tunity school which recently an
nounced that the program would be
held Thursday evening, June Is at
the MGR schoolhouse. Next week
an announcement will be made con
corning the nationally known speak
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1939-05-26

Church School at $50 a. m. At
the closing a memorial service will
be conducted by Mrs. E. P. Porter.
Mckinley church will be host to
the Older Boys' conference who will
worship with us at the IL o'clock
mornish worship hour. Rev. G. w.
Sherard, our pastor, will preach the
sermon, subject when A Boy
Meets God" The Junior choir will
sing.
Miss Eula Steed will lead the dis
cussion with the young people at
$50 p. m.
The Senior League will hold their
regular worship services out of
doors at the bluffs south of Dayton
where they will hike with Mr.. Isaac
Robinson, director of recreation.
Evening worship at o'clock.
Unconscious Influence" will be the
subject of the PASTORS sermon.
Prayer and class every Tuesday
at 8 p. m.
Rev. G. w. Sherard, pastor.
M. Artie Henderson, reporter.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1939-05-26
BR RADFIELD
CENTER NEWS

~Shr&F%HRSs$ShSENSASSSNSS
LIMA The Bradfeld Center
team entered into its third game
Wednesday in the major league.
Although they did not win the first
two games, both were thrilling and
exciting: the spectators left with
the feeling that the boys put all
they had in each game.
The girls soft ball league was or
ganized last Thursday night at the
YWCA. This year there will be
four girls teams playing: Wool
worths, City Loan, Bradfeld Center
and Westinghouse. The league will
open on the first Monday in June.
The games will be played every
Monday and Tuesday on Diamond
No. Z at City Park.
The Boy Scout troop will take
part in the forth coming Scout Cir
Gus" on ths 26 and N of May. Our
boys will be placed in the wood
chopping event.
Atwell Playground will open June
10, with the same staff as last year.
This does not mean that Negroes
are not permitted on other play
grounds in the city.
The Comweoli and Falcon clubs
Of Bradfeld Center have organized
soft ball teams and are open for
booking.
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1939-05-26
l28 DUNBAR
SENIORS GIVEN
DIPLO M AT

Great concern for the social secu-
rity of the American Negro was
shown in eight addresses given by
graduaes Monday night at the COM
mencement exercises of the Dunbar
high school held at the MGR audi
torium. Diplomas we're given to
1913 seniors.
The student speakers were Jane
Shufords John Blackburn, Thelma
Oldham, Mildred Bryan, Granville
Owens, Betsy Wright, Robert King
and William Wheat.
The economic history of the race
since the days Of slavery was gen.
eral basis of the talks. Cling, the
concluding speaker, deelhred that,
despite progress during the years of
freedom most of the economic prob
lens Of the race remain unsolved.
The graduates were presented to
The Dayton forum. [volume] (Dayton, Ohio) 1913-1949, 1939-05-26
THE: FORUM

er who will be featured at the COM
mencement.
Three teachers who were connect
ed with the Opportunity school until
about five months ago when mothers
were dismissed from the WPA Edu-
cal otnprogram as well as other
WPA projects were placed back on
the faculty this week. The teach
ers are: Mrs. Julia Huff, Mrs. Rose
lyn Howard and Mrs. Dovie Barr.
Several weeks ago three others were
returned to the education program.
They were Mrs. Georgia Hubert,
Mrs. Alice Jackson and Mrs. Della
Jackson.