davidaulloa/AmericanStories huggingface dataset:
Evening star., 1940-06-12
Foreign Exchange

NEW YORK. June 12 lp,.-The free
pound sterlne kept IT'S footing today in
ing the offcal pound rate in the local
market s,a1I,II and soolishine the free price.
time but quickly H G recovered Ha to Genus net oss Sn
OF only l cent. The French franc slipped
%: Of cent;
proposed measures ssectIne sterling,
Swiss franc held ,unchaneed
and American banks in London. American
banks would set up ofncisl sterling ac-
counts TO handle approved business trans
actions. The Bank of England would deal
directly with local banks
PURPOSE of such an arransement, &C.
man OF the FOREIGN Exchange Committee.
is to have the free sterling market disap-
pear within three weeks s.
pound is 81 0oi2-S4 .O3i2
Late rates follow Great Britain in dol
lars. others in cents):
omcisl Canadian Control Board rates
for y. S. dollars: Buying. 10 per cent
eouivaent % to discounts on Car Canadian ahendd doi.
lars in New York of-buyine a9l per cent;
selling, 900 per cent.
!. Canadian dollar in New York epen mar
cents.
Europe
Great Britain. demand. unquoted cables.
81; 60day unouoted: a0-dsy, unouoted
BELGIUM unouoted: Denmark unouoted;
Finland. 2.05n; France ol1: Germany.
4005n; benevolent, 1000: Greece, ron;
Hungary. unauoted: Italy, 505n: Neither
lands. unouoted Norway, unQuoted; Por.
tugal, 3 son: Rumania 52n: Sweden,
23s'; Switzerland 2243, Yusoslavia
. .35n.
Latin America.
Aeentina Official "a17; free 30 90;
Brazil, official. sos; free. $40; Mexico.
20. 00n.
Far East.
Japan. 23.4s Hong Kong, "a Shang-
hal $40
tRate in spot cables unless otherwise
indicatedl n Nominal
Evening star., 1940-06-12
Chicago Livestock

CHICAGO, June u tPN-Hoe prices to-
day were generally 10 to 20 cents higher
50. 40. The cattle market was slow.
with, best steers and yearlnes unevenly
steady to 25 cents lower. The sheep
market was steady. with some classes
slightly higher
Hog receipts still were considerably un-
DER the number reported last week. the
total being $4,000, with 5000 direct
to packers.
The, top price for cattle was S11lo
in heavier and better classes. little was
done Wit with all interests bidding lower.
Salable cattle, 5000: salabe calves
1000: slow market: best steers and year.
llnEs- unevenly steady to 25 lower: mostly
lO-13 under Tuesdays average; only
few loads Of specialties: yearlings or long
fed neavy steers steady: liberal run Of
1ed steers here yearlnes, LOO pounds
upward top, lilo paid for yearlines;
1928. otherwise little done, with all inter
ests bidding lower: shippers demand mar
row: local trade on weighty steers and
heavy heifers dulled by Jewish holiday:
shippers buying medium supplies of good
and choice heavy cows, steady at 700
500; all other grades of cows slow; bulls
weak to 8 lower; outside sources open-
ing 7.2b: vealers steady at $50 down:
rev select 1000: replacement market
Evening star., 1940-06-12
Washington Produce

BUTTER-o3 score. tubs, 2s'. pound
prints, !9l4 i4-pound prints. 29'4 81
score. tubs, o1a4; lpound prints 2St:
i.-pound prints 2sa4 81 score. tubs, 27a4;
$50; 80 score, tubs, !6a.; pound prints.
27i4 i.-pound prints 27s4; So score
tubs e6l4: 1-pound prints, 26'.: i4-pound
prints 26ia; l4-pound prints. -.
LIVESTOCK-Calves. Si2 spring lambs,
l4o pounds. :3s,5o:-3 14o-l5oo pounds,
17o-2l0 pounds. 50-4 so: 2lo.24O
pounds 1854 so: e4o-3oo pounds, 375
Ais: sows 25O-275 live calves, 800
1925; live lambs. 1l.15-l2.ci
prices paid net fob, Washineton>:
EGGS-Market abous steady Prices
paid for Federal-State graded eggs re-
ceived from grading stations tJune 12l:
standards. large, 1920 cents: u S. stand
ards. mediums 1917 cents U. S. trades
l4-l1 cents. Browns u S. extras. laree
cents U S standards. large 1920 cents;
2. s. standards, mediums 1917 cents:
U. s. trades, l4-l1 cents For nearby
uneraded eggs: Current receipts: Whites
is cents. few hisher. Mixed colors. Is
cents, few higher
LIVE POULTRY-Market steady. Fowl:
Colored, all sizes, l5-l6 gents: Nc. os, IL
50, cents. Chickens: Virginia Rocks
broilers and fryers all sizes 21-o2 cents:
No. IS, 1915 cents. Delaware Rocks and
crosses; SG bro,lers M and fryers all sizes la-
hhroilers;, > pounds and up; 16 cents, under
pounds IA cents. TURKEYS. Old Toms
lo-1l cents; hens, 13 cents; No 2s, hens
and toms, $40 cents.
Evening star., 1940-06-12
Chicago Produce

CHICAGO. June u tP.-Poultry. live.
and down, Plymouth Rock, 90: springs,
other prices unchansed.
Butter. 1,141.6a7; frmer: creamery.
p3 score. 26s.; 92 score. 2bl.; go. cen
tralzed CARROTS. 25'4; other prices un-
Egss. 32,7l5; steady: prices unchanged.
United States Department OF Aencul-
ture-Pota Toes. arrivals a3: on track
$50; total United States shipments. 79S;
old stock, no sales reported; new stock
supplies moderate, demand good. market
slightly stronger; California long whites,
u. S. No. /, washed under initial ice,
S.35-4O: u S. No /. under ventilation
225-4u; mostly 2.25-35; cars showing
some decay in spotted sacks, go; U. S.
commercials. under ventilation. 2.10-25:
California Bliss Triumphs, U. S. No. !,
washed. 80 pounds in cotton sacks under
initial ice. 265 per hundredweight; 100
pound cotton sacks under ventilation. 2.35
a hundredweight: North Carolina Cob
blers. U. S. No. | fairly good condition,
. 10: Mississippi Bliss Triumphs. U. S. No
j. unwashed, no early sales reported;
Alabama Bliss Iriumphs. U. S. No. |,
washed some showing spotted sacks o25-
35; cars showing decay. 200; U. S. No. l.
unwashed. showing some spotted sacks
] 1p5-2.00 U. S. No. /. size B. unwashed
a few sales, POS; Ions whites. U. S. No
/ not washed 200: Louisiana Bliss Tri-
umphs q. S. No, l. washed gas; q. S.
No /, unwashed some showing spotted
sacks. 2,00-10; U. S. No. /, size B, un-
washed, a few at Ito.
Evening star., 1940-06-12
New York Produce

NEW YORK. June II P.-Dressed
poultry easy. Fresh; Boxes, old roosters
I2t2-l4f7. Frozen: Boxes old roosters,
ls,a-l4la Boxes and barrels, Northwest
ern young hens, 2'2-26, young TOMS 49,
%. Other dressed prices unchanged.
Live poultry. by freight and express,
EGGS, 44.664: easy: Mixed colors, fancy
and extra fancy. 1S-20i2: extras 17i2-
81 storage packed frsts l1-l1I.:
gTaded irsts; is!a-,. current RECEIPTS,
14A-i2; average checks. 13ia-a4. Whites:
tResaie Of premium marks oli2-24; =;
nearby end Midwestern extra specials,
q "a premium marks. 1921; specials.
l9: standards, 17'4; tresale of exchange
to fancy heavier mediums, 17i2-2o): me
dlums; 16ia-17. Browns: Nearby fancy
Midwestern specials. 10: standards, 1124;
mediums, l6h; Duck eggs. l7-la
Butter. l,O96,912 steady Creamery:
HIGHER than extra "7-27S.; extra o..
score); tubs; %6s4; cartons. .26i4: irsts fss-
81. 25-2614. including tubs and cartons;
seconds Ns4.s 24-o4'4
Cheese. 275.722; steady to Arm Prices
UNCHANGED
Produce prices steady and unchanged.
Evening star., 1940-06-12
Commodity Prices

!Hss 1a: IL.
month ago, 80; year ago e675
Ese Esn fis 5Sss isSs s55 IF; e S|t i
- Miseellaneous markets.
so ons yuy ssfed n nshfF saes
December 4,s4 Nominal
o LEAD-Futures closed unchanged. Sales.
zne ia1nfes eosed Mssdh u5ehansed Sales
= straits I'm futures closed 3o.55 hisher.
sales sas peeemD,r Dsends July ~ 10 3ooo0 hd AZ
coFTTE5sDot- So quiet; oa, Santos No 70. !.
eernrs lne@ded @ Santos @ BourSon sa1 IS seiS" snd
s ss santos NJ, ~ oD onC futures ,,I closed L.
ssssn sass $50 49ss nss 6a J 's0
500 bass. July. 5sab: September. 1853.
RAW sILK-Futures No. ! closed 1-1ola
August. 2.salab; September. 2.e7b.
WOOL ToPs-Futures closed 8 to /?
houses Contracts were supplied by
h.s hedge selns. os July, go; October, a5.eb;
RAW HiDEslFutures closed 87-4a
hlsheT her sss;.ns.s sales ssso3oo pounds June
cows. cows! 1929 See'' No. l western 'isAt native
CRUDE RuBBER-Futures closed $3.50
lover lover Sales 1s No ,o STANDARD LIS con-
p Deesmber. sd 1880. Smoked, ribbed spot,
b Bid Nominal.
Evening star., 1940-06-12
Sloan Says Arms
Program Will Give
Lift 10 Industry
But General Motors Head
Warns War Machines
Create Poverty in End
By the Associated Press.

os tHe nSooCldleu tTeSS.
NEW YORK, June 12.-Alfred P.
Sloan, jr., chairman of General Mo-
tors Corp, said today the rearma-
ment of the United States "is
bound to have stimulating effect
on the economy" but warned that
instruments of war create poverty.
In report to stockholders he
said 1t must be recognized that the
time factor is important and there
Is a definite time distance between
money, men and materials and the
inhalation OF production orders.
This is particularly true as re-
CARDS the more highly technical
needs OF any preparedness pro-
gram" he said. 1T might perhaps
be further said that a very i'm
portant and probably the dominat-
ing part of any new defense pro-
gram involves the production of
aircraft of various types.
1T would seem reasonable to as
sumo that as far as industrial ac-
tivity is concerned, all things con-
sidered, what has just happened will,
in the not too distanct future, result
in an upward move of industrial
production.
But this should not be inter-
preted as an optimistic influence
from the long-range position. The
contrary is true The greater the
intensity with which instruments
of war are produced and the greater
destruction that results from their
use, the poorer the nations involved
become and the greater the price
that ultimately must be paid
These are times of great un-
certainty and danger. They should
be recognized as such"
Evening star., 1940-06-12
Bond Averages
10 LOw-Yield Bonds.

By the Associated Press.
NEW YORK, June 12.-All sec
tions of the bond list except the
foreign group participated in a
broad advance today. Going into
the final hour gains of to around
points were numerous with some
of the low priced rails at the top
prices for the day.
In the foreign list trends were
mixed. italian and selected South
American loans declined while most
others, including Canadian, dis
played moderate strength.
Argentine bonds, under severe
pressure yesterday, dropped back
another point or two. Lombard
Electric Is slumped 8 points in live
ly trade. Canada 2l2s and SIS rose 2
or more.
General satisfaction among bond
men over the Treasury's note offer
ing to replace a maturing bond is
sue attracted new support for Gov
ernment issues. Gains ranged to
more than y point
Stamina of the domestic list in
face of war news, bond men said,
appeared linked directly with the
probability the domestic prepared
ness program, plus the possibility
of huge Allied orders, would pave
the way for expansion on virtually
every economic front
In demand were such favorites as
Illinois Central A.. Nickel Plate
4i2s, Studebaker 6s, American Tele-
phone 3l4s, Commonwealth Edison
Convertible 81 IS and Firestone 3l2s.
Gains we're extended generally in
the final hour and closing prices
were around the best.
Western Union SIS of 60 finished at
56l2, up 1l2; Portland General Elec-
trio 4l2s at 68, up 134; New York
Central SIS at 501o, up 3la, and
American Foreign Power SIS at 49o4.
up 2L4.
United States Governments were
buoyant throughout. Some Treas
uries closed more than a point
higher.
Evening star., 1940-06-12
Dry Goods Market

NEW YORK. June - fp-rrsdirr g.,
cotton goods was stimulated by inaprove
ment n,rit IN raw cotton and firmness in Sc
suLI.ies set;s ,ooay; with sales around midday
-, Demand eentered in print cloths, The
oulk OF early business, however, was exs-
Cuned at the recent lower price ranges
following which values were adyanced i,
cent cent, yard on most popular construc
Rayon fabrics were fairly activ. Snort.
Teaves and summer prints were bought by
There was brisk demand for voo1en
selling for fall delivery. "eai
Evening star., 1940-06-12
Jersey City L livestock

JERSEY CITY N. j.. June II lP, Omitted
tie salable. $50: total. $50. No steers on
sale. Cows active fully steady; medium
cows. 1.00-7.25; cutter and common, 500
6.75: Gamers. 4.15-5.75 few 425-50
Bulls slow. about steady: good sausage
kinds. 7.0O-7.75: medium, S.25-15; cutter
and common. 5.5O-6.0O.
Vealers and calves, salable, I4O: total,
4sO. vealers active. steady to strong; few
small lots good and choice 140-l7O pounds,
nearbys, 10.00-11. 90. few selects higher;
common and medium, sOO-9.50; culls,
6.00-7.O0
Hogs salable so go on Jersey City
markets, 20 on New York;; total. $40.
100 pounds, 646: good and choice. s5f
pounds. $50,
Sheep and lambs. none salable: total,
2,16O,
Evening star., 1940-06-12
Reichsbonk Statement

BERLIN, June ~ QP.-The Relchsbank
statement as of June showed ,In thou
sands of Reichsmarks): ' '-''N
Cold and foreign exchange. 77,oo5; in
iEesse 1aso esp 80 Bills Of exchange and checks.
is3 922; increase, 42.141. Other assets
I;3S7 46l decrease, 46.9O7 Circulation
1900 5o9 decrease, 240.623 Sipht de-
posits. 432. .04o; decrease 3797T Re-
serve ratio. 0.63 per cent. Bank rate, 81
Evening star., 1940-06-12
New York Sugar

NEW YORK. June II P-Producer
buying and new speculative covering lifted
July sold at 1.23la. September 1917.
Domestic futures also gained eround
with trade and Wall Street covering TAX
to points: July, 1.s5, March. 1877
The raw market was nominal in the
absence Of offerings: cubas were nomi-
Reiner buying interest centered at 26S
cents.
Refined Withdrawals continued slow at a
basis of 4.50 cents a pound.
Futures No. closed 1-2 higher. Sales,
Evening star., 1940-06-12
Baltimore Stocks
New York Metal Marker

NEW YORK, June 70 lP,.-Copper
steady; electrolytic. spot, Connecticut Val
ley, $50; export. f.a.s. New York IL so
56 so. Lead steady: spot, New York. i. 90
sos; East st: Louis, 4.s5. Zinc Steady;
East St. Louis. spot and forward. 625
Quicksilver. 200.00-202 90 Pig iron alu-
minum antimony, platinum. Chinese VOL
framite and domestic scheelite UNCHANGED
Evening star., 1940-06-12
New York Bank Stocks
NEW YORK, June II 1Pi.-National
sociation Securities Dealers, Inc:
London Silver and Gold

LONDON. June IL dP.-Bar silver.
e3l2d. I'D "a Equivalent, 4262 cents
based on dollar at S4 OBJ
Bar gold 1855, unchanged. Equivalent,
S33,s5D
Evening star., 1940-06-12

r In bankruptcy or receivership or being
reorssnlzed under the Bankruptcy Act, or
securities assumed by such companies
Rates Of dividends in the foregoing table
are annual disbursements based on the
last quarterly or semi-annual declara-
ton Unless otherwise noted, special or
extra dividends are not included Also
extra or extras d Accumulated dividends
paid last year. Declared or paid so
far this year. PAYABLE in stock Paid
last year. Cash or stock kAccumu-
lated dividends paid or declared this year
ur Under rule. WV With warrants. XIV
Without warrants. war Warrants.
Evening star., 1940-06-12
London Tin Quotations

LONDON. June II P.-Tin irregular:
spot. s2so bid, 1855 IS. asked; future
f2s5 15s bid. f2e6 asked.
Evening star., 1940-06-12
Chicago Stock Market

CHICAGO. June l. tP,.-Following Is
the complete list Of transactions on the
Chicago Stock Exchange today
Sales STOCKS High Last
Evening star., 1940-06-12
u. S. Treasury Notes

NEW YORK. June IL 1P,.-Prices quoted
in dollars and thirty-seconds:
Evening star., 1940-06-12
United States Treasury Position
, Press.

The position Of the Treasury Jun
Evening star., 1940-06-12

Sos s 6 6
zoos IA 13 Ia
Sos ITO 108 110
l 5ls 5k 51s
300s 56 So 56
27 ~ tn ~
3 80 SO 38
los 151h 1914 151A
81 81 2h 3A
The Daily Alaska empire., 1940-06-07
20 YEAPS AGO fME {yGm EMPIRE
JUNE 2, 1920

T, Chief of
  by A J Pacific Railway Company ywthj visiting Juneau Mrs leaving
  gagged in trapping the Sikine River. Hatch Thane. The of the with his parents News a Mrs Cal Mrs Jenkins 
 wife of member of the mechanical staff left the Jefferson for Kechkan where she was to visit 
 and Paul Kege of Douglas left the photograpng trip to be Weather Highest lowest, cloudy
The Daily Alaska empire., 1940-06-07

ton might never see a real totem pole standing proudly outdoors where it's Indian carver meant it
 to stand
 Kudanake the new Chief Shakes elevated to full cheftainship in the ceremonies at Wrangel is fine old man and worthy recipient of the title and honor The ceremonies of investiture in which painted banketed and feathered Indians danced and chanted for a whole afternoon, were something to see. The Indian events performed in the old Pot
 latch tradition automatically superimposed on the modern setting through arrangements made by E L. Kethal1n, Potlatch manager and an employee of the Office of Indian Affairs
 WrangelI wisely refrained from trying to capi- talize directly on the Potatch events. Everything was free and open to the public. The people of Wrangell footed the bill graciously and undoubtedly will reap great community benefits, commercial and otherwise, from the celebration. Much of the credit for the success of the Potlach belongs to former Juneauite Lew Williams, now editor of the Wrangell Sentinel and one of the leading citizens of the town AS President of the Wrangel .Potlatch Corporation he was a busy man for weeks before the event. Dur ing the Potlatch about all that could be seen of Lew was blue streak flashing through the streets of Wrangen as he hurried from event to the next in his blue silk Russian blouse the official Pot latch garb of the Wrangell townspeople.
 Others notably deserving credit for the success of the Potlatch were General Superintendent Claude M Hrst of the Office of Indian Affairs, Principal George Barrett of, wrange Institute, Harry sper-
 ling and Linn Forrest of the Forest Service and the fine people of Wrangen both white and Native who in this community celebration
 Wrangel did itself proud this week. It left mark for other Alaska towns to shoot at. If more would make the effort Wrangell did, this would be happier and more interesting part of the world in which to live.
The Daily Alaska empire., 1940-06-07
HOROSCOPE "The stars incline
 but do not C 1mpeW
SATURDAY, JUNE 8

Benefic aspects dominate today Venus is in sway most fortunate for women. Under this configura- ton shipping should be fortunate and trade lively east and west, de- spite political uncertainties.
 Heart and Home: Romance should flourish under this direction of the stars which inclines youth toward affairs of the heart. Students of both sexes may be unusually Sus- ceptible today, which is favorable for social events. Women should find this an suspicious date for house parties and other hospitali- ties. Recognition of women in poli tical organizations will be cordial, but will not lead to remunerative appointments in the future.
 Business Affairs: Although world commerce may be paralyzed, there will be increased markets for Am erican products of all sorts in southern countries. Neutrality laws will be forgotten as the European war advances. Canadian needs will bring large returns to merchants and manufacturers of the United States. Food conservation should be practiced. Farmers should profit this season.
 National Issues: Secret informa- tion regarding war developments will cause misunderstanding of na- tional policies Warning is given that pacifists will be active in na- tional conventions where we'll meaning persons will be duped by propaganda directed by foreign foes. Need of experienced men at the head of the United States Gov ernment will be emphasized in both political conventions.
 International Affairs: Strict po- licing of the Pacific Ocean is pres aged as a service to be performed by the United States Navy. As the kaleidoscope of war changes the map of Europe, this country will become involved in hardships pever foreseen by the early statesmen who helped to build the greatest of re- publicS.
 Persons whose birthdate it is have the augury of a year of pro gress. Exceptional happiness in, the family is foretold. sa
 Children born on this day prob ably will be intuitive, sensitive, and lovable. Many will have unusual talents for music or painting.
 Copyright, l940D
The Daily Alaska empire., 1940-06-07
THE POTLATCH

lost art vanishing and dormant com munity spirit brought to the fore in Wrangel this week to produce the most eye-fing and enjoy able spectacle Alaskans are likely to see for many a year The Wrangel Potatch cooperative en- deavor of the U S Forest Service the Office of 1n- dian Affairs and the white and native people of Wrangell was an unqualified success Even the rain which fell most Of the time during the two days of the celebration couldn't spoil it.
 Five years ago almost nobody in Alaska was carving totem poles The fine old totems of Wran- gell of Tongass Village and Kasaan roted in the ground few cheap and crude commercial imita- tions were being turned out to decorate the fronts of curio stores but they were a dissertation rather than perpetuation of the old craft And nobody seemed to care about the decline in AlaSkas one distinctive art form.
 The beauty Of the new poles dedicated this week on Shakes island at Wrangell and the high degree of skill shown in their execution are proof that the art was not quite lost From somewhere out Of the cloudng past of the Wrange Indians came the skill the me norv the inspiration the pride and the sure hands to produce totems which even the oldest Indians admit are the equal of any which ever stood in Alaska few more years and the totem pole as it was known to earlier Alaskans might have disappeared forever.
 h The revival of totem carving in Alaska is, as Governor Gruenng said at Wrangell this week, monument 10 Frank Heintzenan, Regional Forester and Director of the Alaska Civilian Conservation Corps He cared enough about saving this priceless heritage to go through the endless difficulties of securing from the Indians title to the old poles and the ground on which they stand, enlsting Indian cooperation in project to save what old poles could be patched and strengthened and carving new poles on the models Of the old ones beyond redemp- tion The achievement at Wrangell is but one phase of this CCC program. Other totens and other com munty houses are being restored at Kawock, Hyda- burg New Kasaan Saxman and Sitka. It IS work which children Will appreciate to greater extent than the AasSans of today for without such an effort being made at this time the next genera
The Daily Alaska empire., 1940-06-07
Best, but Not Enough"
Cleveland Plain Dealer)


 Long before the day of the airplane military experts constantly stressed the importance of the man behind the gun Getting competent men be- hind sufficient guns was difficult enough problem then.
 Now war has taken to the skies Air superiority has become a vftal--perhaps the most Wtal-factor to military success. The men behind the stick of the modern fighting plane must be expert and num- erous or it will fare ill with the behind the guns on the ground
 Hence the rapid expansion of the personnel of Americas air arm becomes fully as important as the mechanical task of producing the 50000 planes which President Roosevelt has set as the aviation goal for this nations defense program.
 At present the United States is far behind the leaders in air personnel In spite of 100 percent increase in the array corps during the past year, we stand sixth among the powers in aviation per- sonnel The air wings of the army navy and marine corps comprise 10000, men. This includes pilots and the large mechanical and administrative force which must be kept on the ground if the planes to be kept in the air.
 The amount of man power required for effective aviation was strikingly stated by Capt. Kenneth Whiting of the United States Navy at the New England aviation conference in Hartford, Conn, re- gently The captain is general inspector of naval aircraft in the eastern To fly and service even 10000 planes he warned would call for the service of 32OOOO men, including 10000 pilots. Capt. Whiting was discussing the needs of air force only fifth the size of the one visualiaed by the President
 The training of pilots is much longer process now than it was 25 years ago when flying in it's kindergarten stage World War pilots given 20 hours flying training. Now the course is 200 hours.
 Capt. Writings summation gives concise and accurate picture of this nations aerial defense prob lem: What have is the best in the world, but we haven't got enough"
The Daily Alaska empire., 1940-06-07
LOOK and LEARN 4. c. GORDON

l. What famou Indian meaning Roaring Waters? @s.e.ssass~s aassses@t early death by Indian  Proverbs? 4 hat is he horse? 5 Tho is U s. Secretary the Interior?
 ANSWERS: l. Niagara Falls Smith
  f. 13 to 14