davidaulloa/AmericanStories huggingface dataset:
Evening star., 1940-08-25
CommodityPrice
Chongesm Week
By the Associated Press.

BY the Associated Press.
NEW YORK, Aug. 24.-The As
sociated Press index Of IS commodi-
ties in cash markets advanced this
week for the first time in two
months.
The index, based on 1926 as 100
and adjusted for seasonal and long
term trend, moved up to 1854 from
SO 03 in the previous period. A year
ago 1t stood at 6406.
Foodstuffs and textiles thrust
ahead most vigorously.
The industrial component Of the
index Jagged because Of lower prices
for hides, rubber and tin.
Chief influences in rubber and tin
we're the steadily mounting stocks
in this country for war and reserves
and the prices the Government has
set to buy the two products. Hides
appeared threatened by South
American supplies seeking another
outlet to make up for war-lost Eu-
ropean markets.
hugs 4NCdI 1CfV C6As
Hogs sold near the highest price
Of the year Consumer demand has
been good with pork loins bringing
the best quotations since shortly
after war broke out last September.
Raw wool advanced as Army and
Navy orders for woolen goods piled
up. Another sustaining influence
was British purchases of the South
African wool clip for the duration"
and year afterward.
Copper firmed as a furry Of de-
mand sent sales totals upward. Buy
ing Of lead also expanded.
Wheat started climbing after
touching the lowest levels Of the
year in the preceding week. Most
other grains except corn followed
suit.
Sugar rallied from record low
prices.
A long list of staple foods moved
up, including lard, flour, cocoa and
eggs Others higher were coal, lum-
Der and turpentine.
Cotton Still Eases.
Cotton continued to slip despite
reported large sales of textiles. Big.
gest deterrent to demand for this
staple was the shadow Of excess
supplies.
Analysis of the commodity in
deX follows:
Evening star., 1940-08-25
japan Sets Clocks
As People Cheer

Sirens blew. temple bells tolled
and drums resounded recently when
the people of Japan set their clocks
and watches Alright.
1t was all due to the Central So
ciety for the Life Reform Move
ment, which is exhorting the Japa-
nese to apply better the virtue OF
punctuality. .,
The society's slogan is. Reform
Life Through Punctuality." Dozens
of correct time stands were set up
at busy places throughout Toxic and
the passersby were asked to correct
their watches. At several stands
the corresponding time in New
York, Berlin, London and Moscow
was given.
Evening star., 1940-08-25

tic, bushel, 1884; August, 75%. Set
ting prices we're: Wheat, No. 2 red
winter, garlicky. spot, domestic.
bushel, 75s4; August. 1884. Closing
prices were: Wheat. 1.02; red winter,
garlicky, spot, domestic, bushel, 76;
August, rs.
Corn, No. yellow, domestic,
bushel, 79a8l. Western billing at a
premium over this price. Cob corn,
barrel. 350a370: country prices re-
ported, 3.30a3.50.
Oats, bushel, No. 2 white, domes-
tic, 40a46. On all sales of oats to
the local trade. excepting those on
track, there is an additional charge
of IA cents per bushel for storage
and elevation, which is paid by the
buyer.
Rye. No. 2 bushel, 60a65. Barley,
bushel, 55a60. Hay, ton. 1000a13.00.
Wheat, straw. ton, No. 2. TOO.
Flour, barrel, winter, patent, ASA
5.45; winter, straight, 3.65a3.9O
spring. patent, 4.85a5.10: spring,
straight. 4.60a4.80: hard winter, pat
ent, 4.50a470: hard winter, straight,
4.30a455; rye flour, dark to white,
3.30a400.
Millfeed, ton, spring bran, 26.ooa
2700; standard middling, 27.00a
$500.
Evening star., 1940-08-25
Plane Exports Climb
Nearly 300 Per Cent
Above 1899 Levels
Volume for First Half
More Than Double
Previous Period
BY the Associated Press.

BY the Associated Press.
The Commerce Department re-
ported yesterday that exports Of
airplanes, plane engines and acces-
Sories during the first six months
of this year were nearly triple
those of the hrst half Of 1899 and
more than double those of the
second half.
The total value of these exports
was placed at $l3S, ,3SS,046 Of which
more than one half went to France
Shipment of 1882 planes accounted
for sos PSI ,402 Of the total, while
$24,944,722 was for zoos engines and
parts and accessories.
France took $75 ,375 ,565 worth of
planes during the first half Of this
year and Great Britain about $l8,-
00O, 900.
Sweden, which had purchased less
than $500,000 worth of aeronautic
products in the preceding six
months took s4,928,211 during the
six months ended June 80 and Aus
tralia increased its purchases from
$1950,916 to $9,538 800, making it
the third largest purchaser.
The department reported also that
export of food products during July
amounted to $40 ,339 900, an increase
of 3 per cent over July, 1899. I'M
ports during the month amounted to
$47, ,49l 900, a decrease Of 4 per cent.
Evening star., 1940-08-25
Grain Exchange Charge
OF Cargi|I Dismissed
BY the Associated Press.

The Agriculture Department an
nounced yesterday the Commodity
Exchange Commission has dis
missed the complaint of Cargill,
Inc, large Midwest grain firm,
charging the Chicago Board of
Trade with violations OF the Com
modify Exchange Act.
The complaint, filed February 10,
1888. charged the Board of Trade
had violated the exchange act In
1886 and 1887 when its Business
Conduct Committee required Car
gill to liquidate large holdings of
1886 December corn and wheat fu-
lures and 1887 September corn fu-
lures.
The complaint also charged that
the action OF the Board OF Trade
In extending time for delivery up
to 8 pm. on September 20. 1896,
was a violation of the commodity
exchange law.
Lengthy hearings, beginning In
November, 1898, and continuing
with number of recesses into Au-
gust, 1899, filled a record consisting
OF more than $4,000 pages. The
hearings were before Referee S.
Abbott Maginnis.
At the conclusion of testimony by
Cargtll, the Board of Trade moved
for dismissal, contending there was
no necessity to present evidence in
defense because Cargill had not
made out a prima facia case.
Evening star., 1940-08-25
Favorable Trend Seen
For Steel Industry
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, Aug. 24-"Indica-
tions point to favorable levels OF
steel operations during the remain
ing months of 1940," says Poor's
Industry and Investment Surveys.
The substantial orders in pros
pect for national defense purposes
should Offset any severe decline in
steel orders from export business or
slackening in industrial buying.
Thus, iron and steel prices should
continue firm during coming months
This set of circumstances defers any
unsettlement in the pig iron market
that may develop from competition
by the producing subsidiaries
of integrated steel units.
Uncertainties still surround war
business; it remains doubtful as to
how necessary plant expansion will
be amortized and financed, how high
new taxes will be and just what
profit limitations will be placed
upon Government orders"
Evening star., 1940-08-25
PiIIsbury to Double
Advertising Space
Special Dispatch to The Star.

Special Dispatch to The Star.
MINNEAPOLIS, Aug. 24-The
amount of newspaper advertising
used to promote Pillsbury's fours
and cereal foods will be increased
over 100 per cent during the current
fiscal year. it was announced in
Minneapolis today by Howard w
Files, vice president in charge OF
advertising and sales for the Pills
bury Flour Mills Co.
I'VE feel" said Mr.. Files, that
with momentous events occurring SO
rapidly and frequently throughout
the world, the average consumer is
seeking constantly for the latest
news. and naturally turns to news
papers with an intense interest in
reading complete details.
This makes newspapers, more
than ever, an ideal medium for ad-
vertising. and accordingly we have
arranged our advertising program
to provide for an increase of more
than 100 per cent In the appropri-
alton for newspaper advertising"
Evening star., 1940-08-25
5. {. {. Outlines Program
To Speed Registrations
By the Associated Press.

BY the Associated Press.
The Securities Commission made
public Friday the policy it will
follow in considering requests to
shorten the 20-day period which
normally elapses between the regis
tration of proposed new security
and it's offering to the public.
The commission was given author
ity to accelerate the registration
process under rider attached to
the investment trust bill which
President Roosevelt signed into law
today.
These three considerations were
outlined by the S. E. c.:
The adequacy of disclosure and
compliance with the law and S. E.
c. rules which is found in the
registration statement as initially
filed.
The advisability Of permitting
acceleration of material amendments
filed after the initial filing date.
The character and date of infor-
nation previously or concurrently
filed under any law administered by
the S. E. C. or by any other Federal
agency or which is generally avail
able to the public.
It is expected. the commission
said, that registration statements
prepared with due regard for those
three considerations will ordinarily
be completed within a few days
after the filing date" If amend
ments are necessary to set out offer
ing price and terms. the commits
.,ion said it would consider them in
the light of its three-point policy
and consent to the filing of the
amendments and declare the state
ment effective as soon as prac-
ticable."
Evening star., 1940-08-25
Bond Market Narrow
Except for Foreign
Dollar Loans
Domestic Corporate
Issues DuwdIe in
Fractional Ronee
BY the Associated Press.

BY the Associated Press.
NEW YORK, Aug. 24.-Foreign
dollar loans pumped life into an
irregular bond market today.
While domestic corporate issues
daWdled in fractional range, over
seas obligations swung out as far as
points.
Canadian issues, buoyant during
the week as mutual defense plans
with the United States flickered in
headlines across the Nation, held
their ground.
German government obligations
tended lower, along with bonds of
Greece and Denmark. oslo City
4l2s, however, ran up 5 points to IS
and Italy Is gained major fraction
at 4912 Australia AIS dipped y
to A.
United States Governments put
tered along with outside advances
of 15/32d of point.
Price trends in the domestic Sec
ton of the market were criss-
crossed. Traders evidently were in
no mood to force the pace, While
the European setup surged to a
head.
Lower were Western Union SIS of
go at Sta, Canadian Pacific per-
petual 4S at SO, Commonwealth Edi-
son convertible 312s at SO and New
York Central IS at 56.
Gamers included Southern Rail-
way As at 55l2, Cuba Northern Rail-
way 5las at II, Bethlehem Steel
3l2s at 108, Santa Fe As of '95 at
1861 ana Missouri Kansas Texas IS
of 80 at IA.
Turnover expanded to Sl,045,900,
face value, from s9781 week ago,
which was the lowest since 1917.
Evening star., 1940-08-25
Gambler losses Coin
Deciding His Death

Stanley William Norton. gambler
of Sydney. Australia, tossed a coin
to decide his own death, according
to the testimony of Miss Bette Jack.
son at the inquest.
Steward on a warship, Norton ran
heavily into debt conducting Illicit
starting price bookmaking among
his fellow ratings. While Miss Jack
son was out walking with him he
told her he owed $4,000 he could
not pay.
Il am a born gambler" he said
"and I am going to toss form foI
my life" She said: Heads you
don't kill yourself" He tossed and
the coin fell heads, but half an hour
later he shot himself.
Evening star., 1940-08-25
Exporters Of Cotton
Goods See Aid in
Higher Subsidy
US. Firms Plan Big
Drive to Increase
SuIes Abroad
BY the Associated Press.

By the Associated Press.
NEW YORK, Aug. N.-Exporters
Of cotton goods plan an aggressive
campaign to increase sales abroad
with the help Of the higher ex-
port subsidy just announced by the
Agriculture Department, textile cir
cles said today.
s. c. Lamport, a leading member
Of the Textile Export Association
reported many houses would send
statesmen To Latin America, India
and other markets with inducements
to purchase American goods.
This is the first real opportunity
we have had to overcome labor cost
differentials and compete in many
foreign markets." he asserted.
Lamport said the export market
for cotton goods in the last decade
had shrunk from around 300 O00,-
900 yards annually to about 25O,-
100000
Federal authorities have been try
ing to stimulate domestic consump-
ton and exports Of finished goods
to help Offset loss of foreign out
lets for raw cotton. The export
subsidy on cotton products was
raised as much as 2.8 cents a
pound.
Evening star., 1940-08-25
Chicuoo Produce

CHICAGO. Aue. "a lP-Butter 81 Ie4e
UNCHANGED.
Potatoes arrivals. "a; on track III; total
U. S. shipments 331 supplies moderate;
demand light: market about steady on
Idaho russets. OREGON triumphs. and Mimi
esota early Ohios, slightly weaker on Iowa
cobblers and Wisconsin bliss triumphs;
Idaho russet burbanks U s.. /. 2.15-25;
U. s. ., 1.3O; Bliss triumphs o. 8. l, 1.50;
OREGON bliss triumphs U. s. /, 1.6O; lows
Minnesota sandland sections early Ohio,
generally good quality. LOS; Hollandal.
section cobblers generally good quality
l.O5-l0; Nebraska bliss triumphs good
quality, 145-5O; cobblers generally good
quality unwashed. 1.17l2-25: washed. 1.35
Wisconsin bliss triumphs U. s. /, Ito
fair quality. / 90.
Evening star., 1940-08-25
FOREIGN Exchange

NEW YORK. Aug. "a Gp.-Th. free"
terms of the dollar today.
The Canadian dollar held unchanged
Other foreign monies showed only
Closing rates follow (oreat Britain in
dollars, others in centsl:
onacial Canadian Control Board rate, ste,
premium selling per cent PTsmiYm "a
lars in New York Of buying 8.8l per cent
selling 0 90 per cent.
Canadian dollar in New York open
market 13 Der cent discount, or 500
q. 8. cents.
Great Britain. oficial (Bankers' For
eign Exchange Committee rates., buying
500; selling, S4.04; open market; cables
1900: Ffnlsnd. 2.o5n; Greece. .es;
Hungary. 19.5on: Italy. sos; Portueal
Switzerland. 22.79: Yusoslaviai 2.35n;
L.tin Am.rjea.
Argentine oficial, cs.77; free, % SO;
Brazil ofacial, sos; free. sos; Mexico,
20.35n.
Japan. 23.4s; Hong Kons. 22.s2: shsns-
hal, 5.73.
GRates in spot cables unless other.
wise indicated)
Nominal.
Evening star., 1940-08-25
AII-Time Record Due
In Canadian Industry
Special Dispatch to The Star.


NEW YORK, Aug. 24,-"Under the
stimulus of the progressive enlarge
ment of the country's war effort,
Canadian industry is rapidly being
geared up to the highest scale OF
production in its history and gen.
eral business is naturally prohtlng
from the consequent enlargement OF
the national income and rl'""haslng
power" the Bank of Montreal states
in it's current business summary.
mot only are most plants that
are capable of making munitions
operating at virtually full capacity
but the number of new plants which
are being constructed for the manu-
facture of chemicals, explosives,
shells and other munitions have re-
Gently been augmented; the total
sum allocated for the construction
of these plants, which are jointly
financed by the Canadian and Brit
ish governments, now exceeds $780,
100000, and more are projected"
Evening star., 1940-08-25
Pennsylvania Reports
Larger Net Income

By the Associated Press.
PHILADELPHIA, Aug. 24.-The
Pennsylvania Railroad reported to-
day a net railway operating income
of s40,520,735 for the January 1-July
81 period. an increase of So, 1892 2.693
over the same period last year Net
revenues for July were s6,57l 1861,
against s5,517,041 a year ago.
Evening star., 1940-08-25
Wool Inquiries Gain;
Sales Still Light
E. the Associated Press.

Il
BOSTON, Aug. "a u. S. Depart
ment of Agricultural More in
uuiries were being received for fleece
woods this week, but sales were
mostly light in volume.
Fine combing Ohio delaine sold
at 34-36 cents in the grease in lim-
tied quantities.
Graded three -eighths and quarter
blood bright fleeces had some de-
mand at 38-4O cents in the grease
Country packed lots of three
eighths and quarter blood bright
woods moved occasionally at SO cents
in the grease, delivered East.
Evening star., 1940-08-25
Subscriptions Closed

NEW YORK, Aug. "a (SpeciaD -
Holt, Rose e. Troster and Mackubin,
Legg g. Co. announced today the
closing of subscription books on the
issue of 10000 shares of Taylorcraft
Aviation Corp. cumulative con-
vertible preferred stock.
Evening star., 1940-08-25
Higher Income Shown
By: New York Central

By the Associated Press.
NEW YORK, Aug. A.-The New
York Central system reported to-
day for July net railway operating
income. exclusive of fixed charges
and other income, was s3,422,355,
compared with s2S12,237 in the COM
parable month a year ago.
Evening star., 1940-08-25
Metal Market

NEW YORK. AUG. "a Cooper steady;
electrolytic spot. Conn: Valley, II 90; ex.
port fa;s. n; Y; $50. Tin STEADY; spot
steady: spot. New York. 4.9G-95; East st
Louis. AS Zinc steady; East st. Louis
spot and forward, $50. Pig iron. alumni
Chinese volframite and domestic scheelite
UNCHANGED.
Evening star., 1940-08-25
Output Of Distilled
Spirits Increases
BY the Associated Press.

By the Associated Press.
Production Of distilled spirits in
creased in July, the Treasury re-
ports, to 7,580,72 tax gallons, COM
pared with 5,380,800 in July, 1899.
Increases we're spread through all
types except rum, but the major
gain was in whisky.
Evening star., 1940-08-25
Rail Operating Nets
Ahead of Year Aqo
By the Associated Press

by the ASSoclAted Press.
NEW YORK, Aug. 24.-Combined
net operating income Of the first
eight railroads to report for July
showed a gain Of 34 per cent over
the same month year ago. accord
ing to a compilation by the Wall
Street Journal.
Net operating income Of the group
totaled $8,775,000, compared with
$8,484 900 in July, 1899.
Gross revenues Of the same roads
showed a gain Of 3 per cent over
year ago.
Evening star., 1940-08-25
Purke Davis Profit
Drops to S3,86o, ,085
r. the Associated Press.

NEW YORK, Aug. "a. - Parke,
Davis & Co., chemists, reported to-
day for six months ended June 80
net profit of $3,S69,O85, equal to 70
cents a common share, compared
with S4,622 ,618. or 94 cents, in the
comparable 1889 period.
Evening star., 1940-08-25
Northern Pacific Net
Soors Above Year Aoo

BY the Associated Press.
ST. PAUL, Aug. 24.-The North
ern Pacific Railroad reported net
operating income of STA, ,462 for July,
a gain Of s261,742 over July. 1899.
Evening star., 1940-08-25
CopitoI Securities
(Over-the-COunter.)

The following nominal bid and asked
over the counter as Of yesterday, have been
assembled for The Star by Washinston
members of the National Association OF
Securities Dealers, Inc:
Evening star., 1940-08-25

aAlso extra or extras. Declared or
paid so far this year. g Paid last year.
Quotations furnished by National Asso-
states they do not necessarily reflect actual
transactions or arm bids or ofers, but
should indicate Approximate prices.
Evening star., 1940-08-25
Commodity Prices

NEW YORK. Aug. 24.-The Associated
commodities today declined to $3.50.
Previous day, 1884; week ago, 69.04:
month ago, SO So: year ago, 63.s2.
1910. 1899. 1898. 1887.
Hish 1929 1922 74.37 9s.14
Low $3.50 637s 63S6 4144
nQo6 average equals 1907
Evening star., 1940-08-25
Odd-Lot Dealings
BY the Associated Press.

The Securities Commission reported yes
terday these transactions by customers with
odd-lot dealers or specialists on the Nev
purchases. involving ~ :e93 shares; 1.s77
sales involving 46,219 shares, including 70
short sales involving 1,6oS shares.
Evening star., 1940-08-25

WeIIlnEtOn FUND IEo6 Io.Oo
Quotations furnished by National As
sociation Of Securities Dealers, Inc, which
transactions or arm bids or offers, but
should indicate approximate prices, and
unless otherwise indicated. are ~ quoted
by the sponsors or issuers.
sNot quoted By sponsors q is!uers.
Evening star., 1940-08-25

Woshinqton Stock EXCHANGE
BONDS.

ExCHANoE-1e4o
INCLUDING
Evening star., 1940-08-25
CORPORATE Earnings

NEW YORK. Aug. "a. 0F.-Corporate
earnings reports issued during the week
showine profits per common share tn
cluded:
Quarter Ended July 81.
Evening star., 1940-08-25

D in
/
Evening star., 1940-08-25
Insurance Stocks

NEW YORK Aug "a fF-National
Association securities Dealers. Inc:
Evening star., 1940-08-25
nu6F5tfY

Your Inrestment DoIIars!
Evening star., 1940-08-25
How Is Business?

GENERAL BUSINESS ACTIVITY ~ - sss.sy
tsSsesssd ~ sssk osbss sssiSs N. y. CITY.
SAsSsd sssss sAsw week q setvity sssvs ks esws-
Evening star., 1940-08-25
Investing Companies

NEW YORK. Aug. 24 P.-Nation,
sociation Securities Dealers, Inc:
Evening star., 1940-08-25

iatests declines hsa ssas vssAs twelve asstss
ssdIs. Cksasss sAs~n h pssessssss.
Imperial Valley press. (El Centro, Calif.) 1907-current, 1940-07-05
NEW YORK STOCKS

NEW YORK Jur, OPP S'"' j. E
made an irregular adFan"c TO-DAY On
further iudIcations Of Brlt1ln d
termination to resist lnN3 son
GREAT Rritaiu'S seizure OF larGr
part Of tho French fleet va fl
lowed by renewed demand for -
stocks.
steel and aircraft shares "a 10
CupperS saeEed on lower piJ''
for copper metal. American w nnI'H
preferred Jumped > point. w
ingbouee Electric, which annUuntt -
II waA ready to undertake ma pn-
facturc of shells and other war ma
tcriaIs. rose point.
Most active stock was Pa Ck4id
which opened with block Of i,hon
shares The company Is prepared
10 spend $50, OOO. 600 Immediately tor
plant expansiono in the pr"duciloh
OF 5000 Rolls Royce airplanc mo
tors =. GOO for the L :. gOvarnm"ht
and 6.nnu for Great Britain. II -
expected the aircraft industry Will
spend half hilliou dollars for =
pausion - cope with the hug" dc
fepsC program. .,,...,,,.,
stock sales approxlmaicd @Hu'o'''
share. compared With @Sn.""" We'd
ncsdaN curb stock sales were Do
O00 hsrcs compared with oo.oo"
shares Wednesday.
Dow Jones preliminary closln
stock averages Industrial, III: 81
up o .55; rail. % so. up 0.15; utility,
2247. up 013; and SO stocks 4l.4l'
MP 0.21.
Imperial Valley press. (El Centro, Calif.) 1907-current, 1940-07-05
WeissmuNer Swim
Record Broken

SANTA BARBARA. Cal. July !
-tUP)-NcW records piled up in
the 1910 national A. II. L. sWimmine
and diving championship as at
tentiOn Centercd today on the title
holding team of divers from Ohio
State university. Al Patnik and
Earl Clark.
First record to fall was the 49,
y2ar-Old mark held by Johnny
WciSSmullcr. movie actor and olvm-
pic team member. It was broken by
Otto Jaretz. 18-YCar-old Chicago
high school student, III tho 220
irccStNlc The youth splaShcd
through the ccursC in > minutes. II
and Ito seconds. clipping $40 of
a second from Wcissmulcr'S 1927
record. He was followed by two
yards by a toammate, Adolph Kiclcr
of the Tower club. CHICAGO. Paul
Heron of Long Beach, Cal. was
third.
KiefCr broke his own record of /
minute, 81 seconds in the 40 yard
backStrOkc. pairing 10 of a second
from the old mark. and with VII
liam KrauS swimming the breast
stroke and Jaretz the frceStyle. the
trio set new mark for the $50 yard
medley relay of 3 minutes. ~
seconds. lettering the old record b.
2-10 seconds.
Imperial Valley press. (El Centro, Calif.) 1907-current, 1940-07-05
Today's Sport Parade

his menace to life and limb To 4
spot in the yard some 20 wards
in front Of us.
He stabbed the skyroCket into
the ground III such a position that
il was aimed directly at the win
dows of the dining room and paid
no attention to our cries Of hey
not this way" and point the damn
thing out toward the ocean"
When two or three children who
were present on the party rushed
forward to guide him in the firing
of the Internal machine. he waved
them back. took another slug of
Scoth and put match to the fuse
From the moment the first spark
showed. it was dreadful. AS if trans
fixed. he did not move as the flame
ran toward the rocket. This despite
the fact that the rocket had slump
ed and. to get TO the dining room
windows. it first had to pass through
his legs.
Women screamed and huddlod II
2 corner o; the porch Men. many
of whom had served in France
during World War J. sought rcfuzc
back of the swing.
The fuse licked closer to thc
powder
The broker moved not an nch.
There came deafening cxplo-
sion
Red. yellow. blue and green. ti.c
rocket broke from its cover and
sought release in thr heavens