davidaulloa/AmericanStories huggingface dataset:
Evening star., 1940-01-17
Federal Loan Held
Depressing Factor
In Cotton Market
Government Supply
Of Staple Declared
Overwhelming
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, Jan. Tin this
country cotton prices are being re-
tarded by the huge amounts in the
Government loan, according to La
Rue Applegate in the current An
nalist. While the supply Of free"
cotton is very limited, the supply of
Government cotton is overwhelming
According to the latest Govern
ment figures, roughly 100000 bales
Of 1888 cotton are under the loan.
This fiber can be sold at current
prices and the growers can realize a
substantial profit.
"The cotton trade would give a
whole lot to know how much of the
1888 cotton is being withdrawn and
at what prices will the remainder
come to light. Until these questions
can be answered the future of cot
ton prices is very uncertain. Per-
haps the best thing that can be said
at present is that prices aren't likely
to decline very much-barring, of
course, complete collapse in the
cotton textile industry-While they
might 90 good deal higher.
There is some difference of opin-
ion as to how long the cotton mills
can operate at their present fast
clip without any new business in
large quantities. Some observers
feel that the mills will maintain their
present rate for some time even If
gray goods sales remain at low ebb.
Others feel that some slackening
must take place unless unfinished
goods business soon improves"
Evening star., 1940-01-17
Crude Oil Output
Shows Little Change
In Weekly Period
Gasoline Stocks Show
Marked Increase;
Imports Decline
BY the Associated Press.

BY the Associated Press.
NEW YORK, Jan. 17.-Daily crude
oil production in the United States
was practically unchanged during
the week ended January 6. averag-
ing 3,592,0O barrels compared with
1884 ,45Q barrels the previous week
and 3,243,60O year ago, the Amer
ican Petroleum Institute reports
Production was 2250O barrels a day
greater than the Bureau of Mines
estimated requirements for Novem-
ber.
Refinery operations increased
sharply during the week, reporting
refineries operating at 1922 per cent
of potential capacity against 781 per
cent the week before. Runs of crude
oil to stills for the industry as a
whole were estimated at 3,520O00
barrels a day compared with s.
100000 barrels a day the previous
week and 3,2l3,000 year ago.
Gasoline production and gaso-
line stocks showed marked in
creases Production during the week
amounted to 11,714,OO0 barrels
against 1l,449,O00 the previous week.
Gasoline stocks rose to 84.326 900
barrels at the end of the week COM
pared with $4,000 900 barrels a week
earlier and 74,694,000 a year ago.
Imports of crude and refined oils
at principal ports during the week
totaled 1,024,000 barrels. down from
100000 barrels the previous week.
Evening star., 1940-01-17
Chicago Livestock

ssd Eos 3s9 sasd M s:sss nSs sS5;
1sy esns wafs 0day not e1 in cs m eSaen
| generally steady to strong and lambs were
strong to Is cents higher in a slow
trade.
tailed $4,000. or 1000 under advance
estimates. Direct receipts by big packers
0Co, The market was steady to 10 cents
higher early, topping at 1915, but later
lost the advance.
Yearlngs and medium weight steers top
PED, early at S12, but several loads were
held well above that price. Good to choice
wooled lambs sold generally from SO to
UNITED iH States esA' Department 1y2 of Agri-
culture) .-salabie hogs, $4,000: total. 3d.
goo; opened fairy active steady to 10
with early advance lost top, 5.75; BULK
! good and choice. 160-24O pounds, $50
=: 240-210 pounds, 5.20-60; mostly 5.25-
5V6o55o sood sso55opound paeEns
sows, $500; lighter kinds up to 4.90
fed steers and yearlings steady 70
showing most strength these active on
both 1 ho local and outside account: early top;
steers: but several loads held well above
400: early bids indicating new, high top
pound bullocks; with several loads medium
weigh, an and weighty steers, .10;5Q-11.50
load 1,590-pound averages at 1880. and
one 1850 pounds at 1910: medium to
than strictly good and choice kinds; mar
ket more dependable on kinds selling at
| IL 90 upward than on lower grades; fed
heifers fully steady: best 1850: mostly
S.00-95O; cows stronger. very scarce; bulls
| firm practical top weighty sausage bulls.
7.65: more selected vealers bringing 1900:
mostly 12O0-50; with supply acutely small
| due to cold weather
salable sheep, 4 900: total 1000: late
Tuesday fat lambs and yearlines 1925
lower; sheep firm; wooled lambs. s75-
900: several loads 910-15; top, 9.15:
! 1901 109- pound weights 5000 90; good
yearlings, go; bulk Western ewes. 49O:
today's trade fat lambs rather Slow strong
| to 8 higher; good to choice wooled lambs,
! 9OO-1O: early top 9.25: some held higher;
| sheep around steady: scattered native ewes,
! 00-50.
Evening star., 1940-01-17
Wi||kie B|ames U.S
Attacks for Slow
Utility Spending
Believes $1,25o,000, 900
Could Be Spent Yearly
For Expansion
BY the Associate,

BY the Associate
NEW YORK, Jan. 17-Wendell L.
Willkie, president Of the Common
wealth e. Southern Corp, said yes
terday that he believed the utilities
industry would spend between $780,
900 900 and $600000,000 in expansion
this year, whereas in his opinion the
industry could spend" 81 $50 900 900
a year during the next two years.
Willkie asserted that the Govern
ment's attacks" on public utilities
and its policies in connection with
the utilities industry, particularly
the Tennessee Valley Authority,
would be responsible for the fact
there would be little if any increase
in the industry's expansion spend
Ing program.
1T is my hope, however" Willkie
added, that during the next year
these attacks will have ceased"
Commenting on President Roose-
velt's commentator of request by
the Tennessee Valley Authority for
additional power to develop into a
vast recreational area parts of six
Southern States embraced in the
T. V. A. project, Willkie said:
That it is playground is not the
slightest bit of news to me- The
Government has been playing
around down there for the last sew
eral years with several hundreds of
millions of dollars, and I hope that
that playground will cease to exist
rapidly"
WILKES remarks were addressed
to members of the Sales Executive
Club at luncheon meeting.
The group applauded at the close
of the meeting when DR.. Paul H.
Nystrom, president of the Limited
Price Variety Stores Association, in
reply to a question as to the business
outlook, replied that It was good if
we have presidential candidate like
our distinguished guest, Mr.. Willkie. !"
Asked what the principal cam
paign issue will be in the coming
campaigns, Willkie said common
sense"
Evening star., 1940-01-17
Electric Production
Stages Advance
For Second Week
Gain Is 14.2 Per Cent
Above Rute for
Previous Year
BY the Associated P

BY the Associated P,
NEW YORK, Jan. 17-America' S
dynamos hummed little faster
last week as power output was ad-
vanced for the second consecu-
tive week since the Christmas lull
Production during the week ended
January 13 amounted to 1882, ,767,-
600 kilowatt hours, the Edison Elec-
trio Institute said today.
This represented gain of 4.8
per cent from 2,473 ,397 900 kilowatt
hours in the preceding week and
was 14.2 per cent more than 2,269-
846,000 in the comparable 1889 week
The increase, however, was less
than seasonally anticipated and the
Associated Press power index, using
l929-30 operations as 100, declined
to 1913 from 1905 in the previous
week. A year ago the index, ad-
justed for seasonal and long-t term
trend, was 1851.
Range for recent years follows:
VT, 193a,4o 1898 1897; 1895. 1924 .35
Hish 1899 1l5s d5 1929 Idas lda 1922
Percentage gains over year ago
according to major geographic
areas, were reported as follows BY
the institute: New England, 1873;
Middle Atlantic, 1913; Central in
dustrial, IT'S; West Central, 1913
Southern States. 1873; Rocky Noun.
tain, 15.4; Pacific Coast, 10!6.
Evening star., 1940-01-17
Public Service Dividend

NEWARK. N. j., Jan II (R.-
Directors of Public Service Corp.
declared yesterday the usual quar-
terly dividends on preferred and
common stock.
The common stock dividend of 60
cents a share was made payable
March 20 to stockholders of record
March /. The S, 7 and 8 per cent
preferred dividends will be paid
March Is to holders of record
February IS.
Evening star., 1940-01-17
Foreign Markets

LONDON. Jan; y a1-New support.
small buying to other sections of the Sc
curities market TO-DAY: Japanese loans
a new cabinet. Demand for indpstrials
centered on tobacco stocks but changes
were narrow Selected oils slanted for:
ward and domestic carriers were marked
up Oils tended lower while mining shares
and Kafirs lacked definite price trends
PARIS Jan. II lP.-The bourse steadily
improved its price position today as the
session progressed. Investment. interests
had little to offer for sale while profes-.
sionals who sold overnight re-established
a position at higher prices. Rentes closed
UNCHANGED to 1876 centimes higher.
AMSTERDAM, Jan. II R.-Improved
demand for American shares had bolster
ing effect on domestic equities in the
bourse today. Final prices were steady but
the market never got very far from the
previous close.
! LIVERPOOL. Jan. II LPl.--Cotton round
Id out erratic trade with net gains Of 10
D 13 points. Active support came from
Alexandria, reinforced by short covering
and trade calling
Evening star., 1940-01-17

W. w. Mackall, jr. ris of George M
Ferris & Co., was chosen vice presi-
dent.
Y. E. Booker of Y. E. Booker
& Co. and James Parker Nolan of
the firm of Folger, Nolan g. Co. were
reelected members of the Board of
Governors, their terms having ex-
pired today Their terms expire in
1910
Other members of the Board of
Governors, whose terms did not ex-
pire this year, are Mr. Olds, Mr..
Patterson, James NJ Johnston of
Johnston, Lemon & Co. and George
NJ Ferris.
After the exchange election the
Board of Governors organized by
electing Mr.. Johnston chairman for
the coming year.
Evening star., 1940-01-17
Buick Deliveries Exceed
Same Period Last Year

BY the Associated Press
FLINT, Mich, Jan. 17.-Buick di-
vision of General Motors Corp. an
nounced today that its retail de-
hveries during the first 10 days OF
the current month totaled 5,65a
units, compared with 1926 for the
like period last year.
Untitled retail orders currently
were reported as approximately
double those of a year ago
Evening star., 1940-01-17
Chicago Produce

CHICAGO. Jan. II LP-Poultry live /
car. "a trucks; steady; Leghorn hens, III;
colored springs. pounds up 13f7: bare
back chickens. 10-12; other prices un-
changed.
score, 3l-3l i2: a2. 3Ol2: 81, 30i4: 90,
30; so, 29ls; SIS. 2sl2; 90, centralized car
lots, 30i2-'4 Eggs S144 firm; fresh
graded, extra frsts local. 20i4: cars 2Oio:
frsts. local. 20; cars. 2014: current re-
ceiptS. l9i4: refrigerators extras. 1924;
STANDARDS, 16l2 frStS. s.
'unlted States Department of Agricul-
turel Potatoes. 1873; on track 3S5: total
U. S; shipments. 103; Nebraska Bliss Tri-
umphs and North Dakota Cobblers slightly
weaker weaker; Idaho Russets steady: other va
rleties;,, all sections. about steady; sup,
plies liberal. demand light account con-
tlnued cold weather; sacked. per hundred
weight: Idaho Russet Burbanks. u S. No. |
few sales 1.So-97; Colorado Red McClures.
Y. s.. No. i, good color. 1.sO Nebraska
Bliss Triumphs, 90 per cent or better U. s.
No. l. washed, few sales, 9O-95: mostly
LOO: U. S. No. l fine quality, 2O5: rs
sales, 1.55-65; North Dakota Red River
Valley section Copblers S0-s5 per cent
Y; s. No. |, 1.25;-35 unclassihed. 10;
wisconsin round whites, 30 per cent o. s.
No. l. ! .35: new stock weak supplies mod
crate demand very slow: street sales Bliss
Triumphs. U. S. No. l, bushel crates, Texas,
very few sales 175-S5; Florida, too few
sales to establish a market.
Evening star., 1940-01-17
Increases Bank Looms

SAN FRANCISCO, Jan. II (P.-
Republic Petroleum Co. increased
its bank loans to $350,000 from
1852 500 under arrangement with
the First National Bank of Chicago.
OF a $450,000 loan arranged in
November, 1888, the company had
repaid $l87 500.
Evening star., 1940-01-17
Auto Output
| Will Total
| 107,647 Units
By the Associated Press.

DETROIT, jan 17.-Automotive
News, in a survey of automobile
plant activity. reported today that
factory output for the present week
would total 1915 cars and trucks,
compared with l0,l69 last week and
92046 units the same week last year.
1t attributed the decline to a
curtailment of production early this
week at the GAINESVILLE (Wis) plant
of Chevrolet, due to heavy SHOWS.
Evening star., 1940-01-17

change at the
annual meeting
held this noon.
Edison B. Olds
of the firm of
Brown, Good
Wyn & Olds, was
e ! e c t e d vice
president a n d
Harold G. Pat
terson of Auch-
incloss. Parker
& Redpath was
named treasur-
er.
George NJ Fer
Evening star., 1940-01-17
MackaII Reelected
Washington Stock
Exchange Head
Other Officers Also
Chosen at Annual
Meeting Today
since 1929

William w. Mackall. jr., senior
partner in the investment firm bear
ing his name, was reelected presi-
dent of the Washington Stock Ex-
Evening star., 1940-01-17
Washington Exchange

SALES.
Potomac Electric Power 81 pfd-5
at 1855.
AFTER CALL.
| Capital Transit Co.'s at ia.
Evening star., 1940-01-17
London Gold and Silver

22ssd, up Is. Equivalent. 41.03 cents;
Bar soid. 1855 .unchansed. (Eauiva-
lent, S33.SN.
Evening star., 1940-01-17
New York Suoor

NEW YORK. Jan. II P-suear fu-
lures No. 3 opened UNCHANGED to / higher.
January unquoted; March. 196b; May,
2.O2: July. 2O6: September, 2.O9 Bid
Evening star., 1940-01-17
FREIGHT CurIoodinas

NEW YORK, Jan. II R.-Rev-
enue freight carloadings on railroads
reporting today for the week ended
January 13 included:
Evening star., 1940-01-17
Crude Rubber Futures

NEW YORK, Jan. II lP,.-Crude rub
1S.91b: May. 1855: July, 1S45. Bid.
Evening star., 1940-01-17
Tin Quotations

LONDON. Jan. II QP.-Tin, spot, f241
l5s bid. f242 asked: future. f241 IS bid.
f241 los asked
Evening star., 1940-01-17
London Money Rates

LONDON, Jan. II (P.-Money. Sal
per cent. Discount rates: Short bills,
lis per cent: three-month bills. 1hs
Evening star., 1940-01-17

Quotations furnished by National Asso-
| citation of Securities Dealers. Inc. which
! states they do not necessary reflect actual
| transactions or firm bids or offers. but
unless otherwise indicated, are as quoted
| by the sponsors or issuers.
'Asterisk indicates, Not quoted by
sponsors or issuers."
Evening star., 1940-01-17
MISCELLANE,

~Ex-QlVlQ6Nu.
tPlus extra 35c paid in 1899. egg
extra. S1400 extra paid December %,
1899. k 20c extra. m 81 so extra. . Soc
pe ase gee psd so 2ss oaa
vS1 90 extra paid January. 1910. yS5.00
extra.
Evening star., 1940-01-17

Germany gained $4,000 freight
cars when it annexed Austria.
Evening star., 1940-01-17
Federal Lund Banks

NEW YORK. Jan. II lP.-Federai Land
par - ~
Evening star., 1940-01-17
Investing Companies

NEW YORK, Jan. l. lPp-National As
sociation Securities Dealers, Inc.
The Wilmington morning star., 1940-05-08
HOUSING PLANNED
BY ELIZABETH CITY
Negro Project Here Inspect.
ed By Mayor Flora And
Trade Body Secretary

Mayor jerome B. Flora, of Eliza
beth City, president of the North
Carolina League Of municipalities,
and G. c. Meads, secretary Of the
Elizabeth City chamber Of COM
r were in Wilmington yester-
day and inspected New Brooklyn
homes, negro housing project.
They were especially interested in
the project because Elizabeth City's
board OF aldermen will conduct a
hearing May % on the creation of a
housing authority.
Flora and Meads were enroute to
Charleston, S. c., where today they
will attend a meeting to promote
plans for the establishment of an
airline connecting coastal cities be-
tween Charleston and Philadelphia.
While here they conferred with
J. q. L. Wade, city commissioner
of public works and past president
Continued on Page Three; Col. ~
The Wilmington morning star., 1940-05-08
British Press Deserts
Chamberlain's Banner

LONDON, May 7.-(R-The
British press, which generally
has stood staunchly behind
Prime Minister Chamberlain's
government, largely deserted his
banner tonight with bitter ex-
pressions of dissatisfaction over
his explanation of the Norwegian
debacle.
The authoritative Times of
London and the rightist Evening
News reiterated appeals for a ma
tional government, the Times as
sorting "assuredIy we shall not
win this war with less than the
whole capacity for leadership
possessed by all parties to-
gether.'
Commented the Evening News:
Before midnight tomorrow the
nations representatives will
have made their choice-betWeen
Keeping the chamberlain gov
eminent, despite its manifest i'll
sufficiencies and failures, or set
ting up a real national govern
ment,"
The Wilmington morning star., 1940-05-08
FLEET TO REMAIN
IN HAWAIIAN AREA
United States Is Concerned
Over Possible Fate Of
Dutch East Indies

WASHINGTON, May 7.-R-At
a time when the United States gov
eminent is anxious about the pos
sible fate of the Dutch East Indies,
The commander of the United
States fleet has been given official
permission to keep the formidable
fighting force in the Hawaiian area
instead of bringing it back to the
west coast of the United States on
schedule.
This aroused immediate specula-
ton as to whether officials hoped
the decision would have a lettering
effect on the Japanese, although
navy officersi insisted the step was
for training purposes and had
no other significance.
For weeks, the world has been
wondering whether Japan might
move to '~'pdotect" the Indies in
case their mother country, the
Netherlands, were engulfed in
war. Secretary of State Hull re.
Gently cautioned other nations, par
ticularly Japan, that any interior.
(Sontinued on Page Five; Col. ~
The Wilmington morning star., 1940-05-08
Press Claims Allies Plan To
Strike In Southeastern
Europe Soon
PHONE CALL AIRED
German Papers Print Ac.
count OF Talk Between
Chamberlain, Reynaud =
By PRESTON GROVER

BERLIN, May 7-R-Germany's
controlled press reported tonight an
alleged British-French scheme to
strike in southeastern Europe no
later than May 20.
Some sources called this press
activity a propaganda foundation
for fixing guilt in advance in case
the European war should spread in
that direction.
Conversation Revealed
The German newspapers splashed
what purported to be an account OF
a telephone conversation between
British Prime Minister Chamberlain
and French Premier Reynaud, in
dicating that Allied forces in the
near east commanded by General
Maxine Weygand will be ready for
"ordered action" by the middle OF
May.
London official circles called the
story fantastic. A French commune
que said it contained purely lying
allegations"
The official Nazi version featured
in the Berlin press did not disclose
how Germany could have obtained
a record of any Chamberlain-Rey-
maud conversation, but it asserted
specifically that the alleged CONVEX
sation, lasted for just Is minutes
starting at 1910 p. m. central Eu
ropean time, April 80.
Authorized German sources ex-
pressed belief that knowledge the
alleged talk had been intercepted
might discomfort the Allies. The
revelation is valued here as a les
son to the Allies that Germany
knows more about their plans than
they, perhaps, imagine.
Observers Speculate
Observers could do little more than
speculate on whether Germany
would take this supposed disclosure
as justification for a move into the
Balkans or whether it is a Nazi at
tempt to smoke out" the Allies On
their own intentions.
Authorized Nazi Spokesman re-
peatedly have emphasized that Ger
many is prepared to strike hard
wherever the Allies try to develop
a new war front but that the Reich
has no interest in boardening the
war area.
The account in Berlin newspapers
was identical. except for the head
lines.
According to it, Reynaud assured
Chamberlain that Weygand would
be ready by May Is, but cautioned
him that execution of the ordered
action might be slightly delayed
Continue on Page Five; Col. 81
The Wilmington morning star., 1940-05-08
Further STUDY
OF Hatch Bill
is Scheduled
House Committee Votes To
Consider Anti-Politics
Plan Again
OPPOSED BY SUMMERS
Says States Rights Would
Be Infringed By Main
Provision Oh Bill

WASHINGTON, May Z. LIP
The house judiciary committee,
reversing itself, voted today to
give further consideration to the
Hatch political practices bill which
Chairman Summers (D.-Tex.) later
denounced as Infamous" and as
tending toward a Hitlerian form OF
centralized government.
With Summers not voting, the
committee decided on a IA to II
roll call vote to take the bill from
the table," thus reviving it as a
live committee issue. This undid a
IA to 10 secret vote of last Wed.
nesday to shelve it.
Opposes Main Provision
A few hours later, the chairman
arose in the house to say in empha'
tic language that he opposed the
measures chief provision, curb
ing political activities of all state
employees to whose pay the fedora
government contributes.
Arguing that states rights would
be infringed, he shouted:
"Whose business is it to tell the
people of my state what they car
do? Have we got to come up here
and have some two-by-four tell {
free people what they can do?
'The philosophy of this bill i:
to these little communities that il
you can't do anything, let Uncle
Sam come down and do it. . It.:
a question of free government
which will remain here only wher
people stay here to preserve it.
We're at the crossroads. We
will either 60 on to the creates
system of government or keel
right on the road we're on"
He said one of the routes coule
not help but lead to "a Hitler, {
Continued on Page Three; Col. 81
The Wilmington morning star., 1940-05-08
ri Columns
On
Netherlands
Troops Reported Moving At
Fast Rate From Brem-
en-, Dusseldorf
PRECAUTIONS TAKEN
PRECAUTIONS TAKEN
Holland Cuts Off All Out
going Telephone Calls
TO Foreign Points

NEW YORK, May T. Up Two
German columns r advancing to-
ward the Netherlands from Bremen
and Dusseldorf, a highly reliable
source said here tonight, adding that
they were the cause of intense mill
tary preparations and disruption of
the low country's international COM
munications.
This source, kept informed from
Europe despite rigid restrictions
against communications in the area
involved, was the same which ad.
vised the Associated Press a short
minister in Washington had been
ordered to take control of Hollands
interests outside the mother country
in event of a clash with Germany.
Report Confirmed
This latter report was confirmable
in Washington within a few minutes.
f. The German troops were reported
advancing rapidly, and this source
stated elatly that they were heading
! "for Leeuwarden and Anthem" This
would mean that the actual German
objective is believed known in Hol.
land, since Leeuwarden is in Fries
land province, not far from the
northeast coast and the Tristan is.
lands which would provide jumping
off places for planes attacking Eng
land.
Anthem, on the other hand, is in,
side southern Holland, about 10 miles
north of the Belgian border, and is
connected with Germany by rail.
If this advice were correct, Ger.
many would be preparing another
Scissors movement such as it used
so effectively in Poland-sharp, in.
ward thrusts toward strategic points,
the invading forces to spread out
sidewise to occupy intervening terri,
tory after reaching their first OBJ
jectives.
Messages Acknowledged
Although there was no other indi.
cation of interruption of communica.
tons with Berlin, Associated Press
messages from New York to the Ger
man capital had gone unacknowl-
Continued on Page Five; Col. -