davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
Record Supply
OF Meat in
| Store for II. S.

bs Inc ASSOCIATE Ef6SS.
CHICAGO, Jan. 24.-An increased
supply of meat. which may reach
record proportions, is in store for
American consumers during 1910.
statistics indicated today,
Favored with big. supplies of corn
and other feeds, producers and fin
ishers are preparing large numbers
of livestock for market. Leaders in
the meat industry predict the coun-
try VIII consume 10 per cent more
meat this year than in 1889. The
biggest increase was expected to be
IN pork, which dropped to a six-year
low price level yesterday in the
Chicago wholesale MARKELL cents
a pound for best light loins.
Storage meat holdings on jan
uary | were larger in all classes
than a year ago and in the case of
beef were the largest in two and a
half years, totaling 1898 900
pounds, compared with 58.l87,000 a
year ago. Pork holdings of 467.-
4l6,000 pounds were the largest
since July l. 1899. while lamb sup
plies were 100000 pounds against
3,54l 900 year ago.
Cattle on feed at the beginning
Of 1910 numbered the highest in
several years. The number of sheep
and lambs on feed January in the
principal feeding S'ates YVES 3 per
cent more than year ago.
With the exception of hogs, meat
animals at the beginning of the
year were said to be making sub
stantial profits for farmers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
Electric Production
Declines Slightly
In Weekly Period
But Pace Maintains
Substantial Advance
Over Yeor Ago

BY the Associated Press.
NEW YORK. Jan. 24.-Electric
power output declined slightly in
the week ended January 20 from
high levels prevailing in December
and early January, but maintained
q substantial increase over year
ago. 1t was the first week to week
drop in output thus far in 1910 =
Production totaled 2.572,117 900
kilowatt hours. the Edison Electric
Institute reported. This represented
decline of s of ! per cent from
1892. $4,000 kilowatt hours in the
preceding week. 1t was 1913 per
cent ahead of 2.289 $50, 900 in the
comparable 1889 week.
The decline was more than sea-
Sonany anticipated, Hence the As
ISOLATED Press weighted index of
power production dropped to 1877
from 1913 week earlier The in
dex is based on 1929-30 as 100 and
is adjusted for seasonal and long
term trends. A year ago it stood
at 1852.
Range for recent years follows:
, 1e8a-4o 1888. 1881 1895. 1885.
E Eq0 i iiS3 dss i iiI id d2S 1871 g
Percentage gains from a year ago
were reported as follows by the in
stltute. New England, 1922 Middle
Atlantic, l01, Central Industrial
1862; West Central, 106; Southern
States, l4,6; Rocky Mountain, 1865,
and Pacific Coast, 7.8.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
Steel Union Will Ask
). W. O. {. 10 Press
Open Shop Plea
Jones & louehlin
Refuses TO Discuss
Issue With locoI
BY the Associated Press

BY the Associated Press
PITTSBURGH. Jan. pa c. I. O.
Grievance Committee which was
unable to get Jones e. Laughlin
Steel Corp. executives to discuss the
granting of union shop plans
to ask the unions national officers
to press the matter with the COM
panyS heads.
James J. Thomas, a member Of
the Steel Workers Organizing Com
mittees group which meets monthly
with J. e. L. plant managers, said
the company's representatives yes
terday advised they were without
power to discuss the question.
The union leader added the
opinion that the action set ma
chinery in motion for bringing to
a head the locals demands for an
all-union shop and checkoff Of union
dues by the company. He said his
committee now will ask Philip Muir
ray. S. w. Q. c. chairman. and his
associates to make the demand upon
the J. & L. heads.
Demands to Be Informal.
Clinton Golden. regional director
of the S. w. o. c.. said the question
was one which eventually would
have to be settled" but intimated
the demands upon J. e. l.. are likely
to be of an informal nature. rather
than a formal demand for revision
of the existing contract.
A representative of the corpora
ton declared the subject of "the
closed shop or checkoff" would not
be accepted as a matter for dis
cuSsion.
J. & L., the Nations fourth largest
producer, is the only major steel
concern with contract giving the
S. w. O. c. exclusive bargaining
rights for all of its workers. Con-
tracts with United States Steel Corp
units give the union the right to
bargain for its members only
Dues Question Is Issue.
The question of dues payment has
caused several disturbances in mills
in this area within the last few
weeks At Donora recently dues
collecting pickets caused a partial
shutdown of wire mill of the
American Steel 81 Wire Co. At
Duquesne. pickets and non-union
workers battled for a time.
To reopen the union contract for
revision. it is necessary for one side
to notify the other and for a con-
ference to begin within 10 days. If
no agreement is reached within 20
days. the contract automatically ex-
pires. Notification must be made by
the actual signers de, not the local
committees)
Mr.. Thomas. in explaining his
groups desires. said he believed they
all were of a nature that should be
settled by conference. He admitted
the union wanted to make several
additional definitions and changes
in the contract as now written.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
American g. Foreign Power.

NEW YORK, Jan. "a P).--Ameri-
can g. Foreign Power Co. announced
yesterday dividends of 30 cents on
the Sc preferred stock and 35 cents
on the 81 preferred stock, both on
account of accumulations and both
payable March IS to holders of
record February %, Last payments
on these issues we're on January
2, 1882.
As of December 81 1899, after
taking into consideration the divi-
dends declared today, the unde-
clared accumulated dividends on the
Sc preferred amounted to S47.70 and
on the ST preferred to 1855.
~, c. & st. l.. Railway.
The Board of Directors Of the
Nashville, Chattanooga e. St Louis
Railway declared dividend of 81
share, the first offered by the
company since August 3. 1881.
Amounting to S256,000 the divi-
dend was authorized to be paid
February 26 to stockholders of rec
ord as of February 10. 1910.
The boards action came after it
had heard President Fitzgerald Hall
report that net corporate income
for 1889 was s6l8.667 an increase
of s476.372 over 1885 profit.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
Three-Yeor Vacation
For Congress Urged
By Businessman
By the Associated Press.

BY the Associated Press.
DOUGLAS, Ariz., Jan. "a
Louis C. Gates. president of
Phelps Dodge Corp, suggested
today it would be "a fine thing"
if Congress took vacation of
two or three years and let bust
ness move ahead"
He blamed the recent drop
in the price of copper upon con-
gressional threats of additional
taxes.
Mr.. Gates, on an inspection
tour of corporation properties,
advised in an interview, Fol
low your news and note the
dulling effect the opening of
the session had upon business
over the country. 1t proved
literally a pail.
Threats of taxes and addi-
tional taxes are not business de-
valopers. When Congress be-
gins to herald the intention of
legislation of that character.
business droops its ears. Ambi-
ton is stilled. We have an I'M
holy load OF taxes now and
are having hard struggle to
make the grade in meeting pay
rolls and levies."
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
FOREIGN Exchange

NEW YORK. Jan - P.--The British
pound was forced up more than cent IN
relation TO the dollar TODAY in The latest
price levels
Foreign EXCHANGE experts said supplies of
sterling were small.
position of the British money during past
weeks. have come into the market more
po ,6 Seeye ower IN p O'hf he
date future and now is the time 10 buy.
japanese sources one money des si,h
p amounts nnoe Gee" Of be BTsS Of
late. but this has come almost to dead
stop ..,.-..- -. ,,,,,o,, .o,s
stocks appeared 10 have, a depressing - e.
feet on the neutral Country's money. The
Eullder lost .05 of cent.
The helsa moved ahead o. OF c Thd
Swiss franc was UNCHANGED
Late rates follow Great Britain in dol
lars. others in cents:
of fnr E9 n}i.a c1nr9 Board 9qyHe
selling rate. iii 90 opeg market rates.
Montreal in New York Ss25 New York in
Montreal. 1l3.31ts
Great Britain. f demsnd aa-s.: cables.
sass: s0-day bills. 396as ao-dsy bills.
a47s:. BELGIUM. 1887; Denmark 1o.a3;
Finland, | s5n: France, ;n225 s1: Germany
ouoted1, Greece. .53isn: HungarS. II son:
Italy s O5: Netherlands. $40, Norway.
PortHgas @sn; rd Rumss9 a. y 6sn.
slsvia, 2.3an.
sra aTSe" oisis 0' sos: free. 30 Mexico,
japan: c3,4a: Hong KONG 24s5; shsns-
Rates in SPOT cables unless otherwise in
dicsted Nominal.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
Inter-American Bank
Would Have Z
Major Functions
Would Make Looms
To Governments
Participating in pIon

by lFe Associated EFtSS.
Twelve functions are proposed
for the $100,000000 Inter- American
Bank, it has been revealed
Members of a subcommittee are
by United States Treasury and Fed
eral Reserve Bank experts. The
subcommittee already has recon-
mended minor notifications.
Under the draft project the bank
would be specifically empowered to:
l. Make long, medium and short
term loans in gold or silver to par
ticipating governments, fiscal agen-
cieS. central banks and their sub
divisions under proper guarantees.
,. Buy and sell the bonds and
obligations of the participating gov
ernments and agencies provided
they are guaranteed by the govern
ment and are not in default.
3, Reinforce Government guaran-
tees on loans made by any source
to participating governments, their
fiscal agencies and central banks.
4 Act as center for liuuidating
funds, balances. checks, drafts and
acceptances.
5. Buy, sell, deposit and deal in
precious metals. money and cur
rencieS.
g. Issue seals. bonds and other
obligations to guarantee additional
cash for the banks purposes.
7. Underwrite loans of govern
ments, fiscal agencies, central banks
end their subdivisions if approved
~ the Government and the lender.
s, Accept deposits and custody of
accounts of governments. central
banks, fiscal agencies and their sub
divisions, with Government ap-
proval,
9. Discount and rediscount. for
participating governments, their &C
counts, acceptances, obligations and
other short-term credit Instruments.
10. Open and maintain deposits
and custody of accounts with gov
ernments and banking institutions.
II. Act as agent or correspondent
for any participating government
and fiscal agency. central bank and
their subdivisions, with government
approval
II. Make economic and financial
studies and publish their results.
The board will include a director
and one alternate elected by each
participating government. This
board will elect president and vice
president annually. 1t will be re-
quired to meet at least four times
year.
The banks headquarters will be
in the United States. presumably
New York or Washington, but it
will have branches in the other
American republics.
Each nation participating in the
bank would be represented on the
board and would bind itself to pur-
chase shares in the bank and to
grant it certain tax exemptions and
protection against appropriation and
exchange regulations.
Aims of the bank cited in the
draft proposal embrace faciltation
of prudent investment of funds"
stimulation of the maximum pro-
ductiVe use of capital, sterilization
of the currencies of the American
republics and maintenance of ade-
quate monetary reserves, promotion
of use of both gold and silver to
increase monetary equilibrium.
and installation of the bank as a
center for liquidating payments in
International exchange.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
Fair Practices Bill
OF Auto Dealers
Backed by Patman
Texun Also Endorses
Choin Store Tux
At Convention

The proposed bill Of the National
Automobile Dealers Association to
protect and foster fair practices in
the sale and distribution of motor
vehicles was Endorsed today by Rep
resentative Patman of Texas, who
addressed the morning session of the
23d annual convention at the May
flower Hotel. He also urged passage
of The Federal chain store tax bill.
Mr.. Patman's support of the for
mer measure was the direct opposite
of the stand taken yesterday by
Donald R. Richberg, who in an
address advised the association to
clean its own house first" before
seeking political control.
The subject has been considered
the most important matter before
the convention. While no vote has
been taken, it is understood senti-
ment is rather evenly divided.
For Mutual Protection.
The bill boiled down, according to
Mr.. Patman, means simply that
when a manufacturer takes on a
dealer he must agree to let him
stay in business at least three years
if the dealer does his part, and
the dealer has to agree to sell that
companys cars for at least three
years. if the manufacturer does his
part.
The bill goes on to prohibit false
and deceivlng advertising 1t pre-
vents tampering with speedometers
on new cars. 1t requires that each
new car buyer must be given an
itemized invoice so he can see what
he is paying for, This is for the
protection of the public"
Our country's welfare is dis
tressingly at stake" Mr.. Patman
concluded, Opportunity for the
youth and security for the aged
hang in the balance. Do you want
private monopoly to continue to
operate for the benefit and advan-
tage of few? Let us save
America by preventing monopoly,
by keeping the broad road of OPP
portunity open and by passing the
two bills l have discussed to regu-
late selfishneSs and restrain greed"
DR.. Crichton Clarke. president
of the American Fair Trade Coun-
Gil; and Harlan w. Kelley. special
counsel. Wisconsin Banking Com
mission, were the other speakers
this morning.
McNutt to Speak Tonight.
A luncheon was given by the Uni
versal Underwriters of Kansas City.
Mo, with Lake Hays making short
address. A bridge luncheon also
was held for the women, with Mrs.
L. Stewart Bolton as hostess.
Tonight at 6:45 o'clock the an
nual banquet will be held. Paul v.
McNutt, Federal security admins
traitor, will be the principal speaker.
Yesterday afternoon Charles w.
Bishop, general counsel for the
N. A. D. A.. charged inequities ex-
listed in manufacturers sales poll
cies toward their dealers. Mr..
Bishop also discussed what he
called the unfairness of manufac-
turers in setting quotas. To give
the single-line dealer a fair oppor-
tunlty he must have a territory that
has a sufficient sales potential and
he must be protected from infringe
ments,' he said.
In connection with single line
dealers he referred TO the Chrysler
strike which closed the plant.
When a group of dealers can be
made helpless by labor dispute to
which they are not a party. it's time
either the system or the law was
changed" he stated.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
Commodity Index Drops

Lower food and farm product
prices more than offset gains in
industrial commodities last week,
reducing the National Fertilizer
Associations index of wholesale
commodity prices to 1872 per cent
of the 1926-192S average. The index
was 1873 the preceding week, $50 a
month ago and 1873 a year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
FOREIGN Business Advices

Business advices to the Commerce
Department from representatives
abroad include:
China-Shanghai -four prices
higher.
Japan-Canned goods exports
aided.
Italy-Paraffln imports discour-
aged.
Uruguay-More dollar exchange
granted.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
Jersey City Livestock

JERSEY CITY. N J.. Jan: "a -
UNITED States Department OF Aertculture,
Cattle. sa1able. 500; total 1.oln. NO
steers sold: part load good $40 pound
trucked-in feeders sold late Tuesday at
o 90. cows slow. steady to 20 lower
medium, 1850: cutter and common.
< o0-5 so; Gamers 4.o0-4.75. Bulls slow
steady TO easier: good SAUSAGE kinds, 200
.a5; medium. $3.50; cutter and COM
mon. & 50-600.
VesIers and calves, salabe. 100; total;
43o Vealers active, fully steady; good
and choice nearby, 05n-14 80: COM
mon and medium. s.50-l0Oo: culls, 90
S 90: calves active, strong to % higher:
deck 2sO-pound Southern calves, $50,
few medium $50 pounds 100.
Hogs salable, 20 go on New York. 10
on Jersey City,: total, 1890 Butchers )
lower: good and choice 80 pounds, $50;
2l2-pound averages, + 20.
sheep and lambs none Ssiaole. total.
{ $40 Market nomlnally steady.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
Aviation & Transportation

Aviation Il Transportation Co
and subsidiaries. holding organiza-
ton, reported net loss for the year
ended November 30 1889, of 1886. 799
after Write-off of 1924, l08, net. on
marketable securities to bring them
to market quotations, compared
with net loss of s2l2,3l6 in the pre-
vious fiscal year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
ESQ Tons of Lead Sold

NEW YORK, Jan. "a tP,.-St.
Joseph Lead Co. reported rs tons
of Southeast Missouri pig lead sold
yesterday at s5.35 per 100 pounds,
East st. Louis; rs tons at s5.55, New
York, and 100 tons at the New York
average
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
National Gypsum Co.
S1.12@ Dividend
On Preferred
Baker Estimates Net
For 1899 Around
100000
BY the Associated Press.

BY the Associated Press.
BUFFALO, N. Y, Jan 24.-Direc-
tors of the National Gypsum Co.
declared today the regular quar-
terly dividend of s112k a share on
preferred stock, payable March /
to holders of record February IT.
President Melvin H. Baker esti-
mated the companys net income for
1889 at approximately $l,500000,
equal to 95 cents a common share,
compared with 1921 ,632, or 40 cents
share, in 1888
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24

Quotations furnished by National Asso
citation of Securities Dealers Inc. which
states they do not necessarily reflect actual
transactions or firm bids or offers, but
should indicate approximate prices and
unless otherwise indicated. are as quoted
nv the sponsors or iSsuers
'AsterSk indicates. Not quoted by
SPONSORS or isSuerS.'
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24

a Also extra or extras.
Quotations furnished by National As
ISOLATION of Securities Dealers. Inc. which
states they do not necessarily reflect actual
transactions or firm bids or offers, but
should indicate Approximate prices.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
Liggett & Myers Co.
Reports Net Profit
OF S20,705,549
Hecker Products Corp.
Quarter Consolidated
Is Under 1888

NEW YORK, Jan. "a tP,.-Liggett
& Myers Tobacco Co. reported to-
day net profit for 1889 of $40. 705, $40.
or $6.l3 common share. compared
with $40 ,560,884, or $500 a share,
in 1888
The directors declared a dividend
Of 81 a share on the common and
common b" payable March to
holders of record February 80
Similar dividends were paid in the
preceding quarters and an extra
Of 81 share was paid last De-
cember l.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
New York SUGAR

NEW YORK Jan. - tP.-Sugar futures
No. opened UNCHANGED January IN
quoted: March, | 90 May, %; July, 90.
September - ga
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
Auto SoIes Up in 1889

Factories reported to the Census
Bureau the sale of 3.577,058 auto
mobiles and trucks in 1899, compared
with 2,489 OBS in 1888.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
Hecker Products Corn.

Hecker Products Corp. manufac-
turers of food products, reported to-
day consolidated profits for the De-
cember quarter of $4l3.375, or 26
cents a common share, compared
with S508,593 or % cents a share, in
the like 1888 period. The company's
plants are widely scattered through
out the country.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
Dividends Announced

NEW YORK Jan. c4-Prepared by
Fitch Publishing Co.
Resumed
Rate Pc Stock of Pay
riod. Record. able
Union Storae age 2Sc - 2-1 2-10
Stock.
Sun OIL So stk pa 3-15
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24

PARIS, Jan. % ,P-Bourse prices in
clined downward today. but buyers and
sellers allke appeared reluctant 10 start
so centimes higher 10 $50 lowr.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
Foreign Markets

LONDON Jan. "a tI1 Broad demand
for all types of investment issues followed
another upward revision in British gov
eminent bonds in the securities exchange
today. Domestic rails view with the high
priced issues for market leadership and
both groups ended near the days tops
despite heavy profit taking. Colds declined
at the outset. but mild rally later de-
veloped. Industrial leaders moved ahead
and most oils advanced. Coppers and rub
Der moved nstleSsly.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24

LIVERPOOL. Jan. 20 lP.-Cotton fu-
lures abruptly turned upward TODAY after
several DAYS of severe losses. Net GAINS
of 16 to 2 points were posted. Bombay
was an active buyer.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24

AMSTERDAM. Jan. 20 tP,-DomeStic
and foreign issues advanced in the Bourse
today.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
Investing Companies

NEW YORK. Jan. - .lN-Nafional AS
ANclatlOn Secmrltles Dealers. Inc
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
insurance Stocks

NEW YORK Jan "a tP-National As
ISOLATION of Securities Dealers, Inc:
Henderson daily dispatch., 1940-03-12

The recent unseasonal cold spell
which swept the South, damaging
citrus crops in Florida and the south
wet. Gid not affect North Carolina
GARDENS, it was disclosed today by
n,rs. j. ii. Brodie, chairman OF the
North Carolina Garden Clubs third
annual Spring Pilgrimage, schedul-
ed lor March II to April Is this year.
Reports received by the Garden
Club, indicate that while the Feb
ruary cold wave did some damage to
po,n gardens and fruit crops in south
Atlantic and Gulf Coast states, North
Carolina gardens were unScathed.
Garden owners in the tWenty-SiX
communities participating in the an
nual pilgrimage this spring report
that their gardens are in excellent
shape and that they will be at the
heig OF their blooming season dur
ing the garden Pilgrimage.
Around Wilmington and the lower
Cape Fear valley the first OF the more
than $50 varieties of camellias and
azaleas that flourish in the section
have already begun to bloom. The
Henderson daily dispatch., 1940-03-12
Middleburg Club
Meets on March s
BY MRS. ii. B. WHITE

The Middleburg Garden club me-
at the community house on March 8,
with Mrs. Tom Taylor and Mrs. j..
M. Wells as joint hosteSses.
After the guests had assembled
delicious plate with fruit salad,
pickles, crackers, cheese StraWs.
sandwiches and tea was served by
the hostesses assisted by Mrs. F. H.
Spain.
Mrs. C. B. Blum called the meet
ing to order and the collect wa.
read by the club. Mrs. Blum well
coined Mrs. Herman Breedlove, the
new member of the garden club. The
guests for the afternoon were Miss
Laura Carroll, Mrs. w. l.. Ranes,
Mrs. w. A. Cornell and Mrs. Thomp-
son.
The study for this meeting was
on personal gardens.
Mrs. M. White read a paper on
Perennials for Spring Planting for
Mrs. S. J. SatterWhite.
Mrs. w. a. Connell of Warrenton
spoke on cultivation and care OF
perennials. She afterwards held a
flower and tree naming contest.
Mrs. F. H. Spain had charge Of
a tree word game.
The club adjourned until the next
meeting on April 10.
Henderson daily dispatch., 1940-03-12
Young People Have
Group Organized

The Young Peoples Association oil
Gillburg church and community met
for organization and for its first
meeting on recent evening, at the
home of Miss Oreda Ellington.
Devotions were conducted by
Miss Ellington and the Rev. J. F.
Starnes, after which Mrs. j. F.
Starnes gave a talk on Young Peo-
pies Work in the Church,.
After the program many enjoyable
games were played, and delicious re-
freshments were served.
Officers for the association are as
follows: Nellie Faulkner, president;
Virginia PoNthress, vice-president;
Oreda Ellington, secretary: program
committees: worship, Mamie Green;
evangelism, Edward Strumm; COM
|munity service, Annie Laurie Sat-
terwhite; recreation, Bertha Strumm,
The next meeting is scheduled for
Sunday evening, March II, at 7:3O
o'clock at the Gillburg church. The
young people are urged to attend.