davidaulloa/AmericanStories huggingface dataset:
Evening star., 1940-07-30
Phillips Petroleum
Reports S6,378,198
Net in Half
Result Compares With
$3,774,069 in Same
1889 Period
By the Associated Press.

BY the Associated Press.
NEW YORK, July 30.-Phillips
Petroleum Co. reported today for
six months ended June 30 net profit
of $6,378,l98, equal to SLAB share
on the capital stock. This compared
with $3,774,069, or IS cents in the
first six months of 1899.
Keith -Albee- -Orpheum.
Keith-Albee- -Orpheum Corp, en-
tertainment concern, reported for
26 weeks to June 20 net profit of
e427,062, equal to II cents a COM
mon share after deducting current
preferred dividend requirements.
This compared with $525, ,909, or 25
cents common share, in the COM
Aparable period year ago.
Philadelphia Electric.
The Philadelphia Electric Co. re-
ported net income of $5,481 ,53415
for the three months ending June
80, a decrease of $63,28496 from
income for the same period in 1889.
Net income for the II months end
ing June 80 was $22 ,502 ,557 08, com
pared with s22,274,83S.92 for the
year ending June 30. 1899.
A. NJ. Byers Co.
The A. NJ Byers Co. reported net
profit of $59,820 for the quarter
ended June 80, equal to $l05 a share
on the per cent preferred, on which
there is an accumulation of unpaid
dividends. That compared with net
profit of $173,372, or % cents COM
mon share, in the like 1889 quarter
after quarterly preferred dividend
requirements and $65,307, or $115 a
share, on the per cent preferred
reported for the quarter ended
March 81, 1910
Borg Warner Corp.
The Borg Warner Corp. reported
a consolidated net income for the
six months ended June 80 of 50 $780,
983, equivalent to $1.21 a share on
common stock. Net income is after
figuring costs of new revenue taxes.
This compares with consolidated
met income of $2,4l6,050, or $1O3
a share, for the first half of 1899.
Evening star., 1940-07-30
Commodity Credit Calls
Corn Growers Loans
BY the Associated Press.

BY the Associated Press.
The Commodity Credit Corp. an
nounced today it was calling grower
loans on all corn stored in ware
houses.
Approximately 100000 bushels
Is stored in warehouses in Ohio,
Indiana. Illinois. Iowa. Minnesota,
South Dakota, Nebraska, Missouri
and Kansas.
Growers wishing to redeem their
corn by paying loans must do so
by August S. Grain not redeemed
will be taken over by the Govern
ment and made available for export
under its subsidy program.
The corporation said many ware
housemen in the Midwest had re-
Guested that this corn be moved as
soon as possible in order that they
may be able to use their facilities
for wheat and other small-grain
crops which are now being har-
vested.
The corporation previously an
nounced that loans on corn stored
on farms would be extended another
year.
Evening star., 1940-07-30
Chicoao Livestock

CHICAGO, July 30 LP, Omitted States
Department Of Agriculture ).--Salable hogs;
$4,000; total, 10000: market slow and
drasgy: few early sales 1915 lower than
i5-e5 oil. with Spots IS lower: top, $40;
6.IO-35: 24O-27O pounds largely, 5.s5-
625 most 27O-3OO pounds, $4,000; some
3OO-33O pounds. 5.25-60; good packing
sows. $40 pounds down. 5.00-25; most
saisble cattle. $500; calves, 1000;
very dull fat cattle trade generally: steady
to weak, with demand extremely narrow
on both local and outside accounts; small
receipts only stimulating factor, this with
out much effect in cutting light in trade;
intense heat wave principal bearish in.
huence: dressed beef market . dull and and
run; mostly s.5O-1O.5O; few loads held
above 100: one load around 1l;50; fat
yearlines, 1885; bulk crop unsold, how
ever; native and Southwest grassers, 700
s.75; these weak to lower; best fed heifers:
1880; several loads 100000: grassy and
cows scarce, steady; bulls. 1o-15 lower at
$50 down; vealers weak at 10000; very
few selects 1O. 90; stocker trade dull.
Salable sheep, 2.00o; total, 1000; late
Mondays spring lambs 1895 lower; year.
lings so lower; fat sheep and feeding lambs
ers' sSaA $40 best Westerns, s.oo-s5: Two
doubles dry fed yearlings. 700 and 7;25;
best held over; bulk fat native ewes. 400
down: two doubles Western feeding lambs.
S25 and S35 today's trade; spring lambs
1918 lower: four doubles Idaho springers,
straight. s:s5; most sales small an bunches
sorted kind held above s.25; two doubles
medium weight yearlings, $50; bulk fat
native ewes, 800 down.
Evening star., 1940-07-30
Railroad Nets Soar
Far Above Year Ago
In First Half
$242,366,834 Total
Is Recorded Against t
$l65,623,219 in 1889
BY the Associated Press.

.
The Association of American Rail.
roads reported yesterday that net
railway operating income of class /
railroads during the first six months
OF this year totaled $242, ,366, 1884.
compared with $165, ,623,219 for the
first six months of 1899.
Gross operating revenues for the
six months of 1910 were 81 ,995 $780,
635, as against $1,804, ,12s,557 for the
corresponding months of 1899, and
$2,658, ,254, ,307 for 1880.
Operating expenses for the first
six months of 1910 amounted to
81, ,497 ,536, ,082, compared with 81 400
744,l63 for the same period in 1899,
and s2,048, ,678 522 for 1890.
Taxes paid by class railroads in
the first six months of this year
amounted to $189 ,2l9, ,222, an increase
of approximately $1,000 900 over the
first six months of 1889, and Sl1, 1,OOO,-
900 over 1880.
Twenty-Five railroads failed to earn
expenses and taxes during the first
half of 1910.
Evening star., 1940-07-30
SmeIters Roise
"copper" Prices
To II Gents
By the Associated Pr

NEW YORK, July 30.-Leading
interests In the custom smelter and
smaller producing copper field raised
their selling price " Of cent a
pound today to II cents, the second
day in succession such an increase
has been posted.
This brought copper from these
sources to within II cent of the liz
cents q pound primary producers
have adhered to for several mon. hs
Notwithstanding q series of reduc-
tions IN the custom and small pro-
ducer markets.
The latest advance was prompted
by q sudden pickup in demand from
domestic users last week.
Evening star., 1940-07-30
First Price Minimums
On Soft Coal Fixed
BY the Associated Press.

6y tne Associated Press.
Five years of work by governmental
agencies in an attempt to stabilize
the soft coal industry neared a
climax today as the coal division
began announcement of minimum
prices for sale of soft coal at the
mines.
First of the prices to be announced
were those for coal produced in
the Rocky Mountain and Pacific
Coast States-comparatively small
producers of the fuel. There prices
ranged as high as s525 for the best
grade Of lump coal produced in
Washington mines and low as 81 a
ton for sack from Montana.
Following from day to day will
be prices for the other coal prodic-
ing territories with those for Mid
western mines expected to be an
nounced tomorrow or Thursday.
Evening star., 1940-07-30
Big Grain Surp|uses
Contrast With Grave
Shortage Abroad
War MoIodjustment
To Continue Until
Trade Is Restored
BY FRANKLIN MULLIN,
Associated Press Market Writer


CHICAGO, July 30.-The North
American granary promises to be
overfowing soon, with merchandise
ers facing the task of finding suf-
ficient storage space for huge sur
pluses of bread grain and feed.
In sharp contrast, Europe's grain
crops are subnormal, the war-torn
continent faces an acute shortage
in animal feed, and some localities
may feel the pinch of inadequate
food supplies unless available sup
plies are proportionately distrib-
uted.
This. grain trade experts pointed
out today, offers striking illus
tration of world economic mall
adjustment due to the war-a
maladjustment likely to continue as
long as hostiities or even longer if
normal international trade cannot
be restored.
In North America an estimated
exportable surplus of wheat alone
exceeding 100000 900 bushels, larg-
est on record, is expected to be piled
up when harvesters finish. This
is enough grain to satisfy Europe's
normal import requirements for
more than year.
European Crop Small.
Meanwhile, Europe, exclusive of
Russia, is harvesting its first seri-
ously deficient crop since 1890
estimated to be more than 20 per
cent smaller than last years. The
total North American supply is ex-
pected to exceed 1000, 100000 BUSH
els, second largest in history.
The United States and Canada
have grain storage capacity at
principal terminal points of close to
800. .000,0 bushels, exclusive of
farm and country storage. Much
Of this space now is filled and the
combined wheat harvest of the two
nations is less than half in the bin
Canada has a record breaking
carry over Of wheat and the largest
growing acreage on record. With
more than 250,000, 900 bushels on
hand and a 400, 900 ,000- -bushel cror
in prospect dominion officials have
been forced to place a partial en-
barge on shipments from country tc
terminals already crowded with sup
plies. More than 100000 bushels
have been stored in bond in the
United States.
Huge Garry Over Seen.
The United States will carry owe,
280, 100000 bushels of old wheat and
have more than 100000 bushel,
OF the new crop. In addition, its
carry over of corn will be the largest
on record, with more than 400 900 ,OO(
bushels involved in the Government
loan program alone Much new
wheat and corn is expected to be
sealed up as collateral for new
Government loans.
Elevator space at some points in
the Southwest. where harvest has
been completed, has virtually been
exhausted and dealers are shipping
large quantities of grain to other
terminals, in some cases selling it al
slight discounts in order to relieve
congestion. Storage space at princi.
pal domestic terminals exceeds 400,-
1000 bushels. Canadian and Aus
tralian wheat as well as Argentine
rye are held in bond at some Eastern
points.
Evening star., 1940-07-30
First 300 Companies
Reveal Earnings
|Up 81 Per Cent
Second Quarters Coin
Made Despite Tox
Deductions
BY the Associated Press.

BY the Associated Press.
NEW YORK, July 30.-Protits Of
the first 800 companies to report for
the second quarter Of 1910 were 81
per cent greater than . year ago.
The gain was made in the face of
increased taxes for defense purposes
and despite the fact that most lead
ing corporations charged added taxes
for the entire first half against
secend-quarter earnings.
The legislation was not passed
until the second quarter. but made
the increased rates retroactive to
cover the entire calendar year. New
excess profits legislation now planned
In Washington may cut further into
1910 earnings.
Earnings of the first 300 COM
panies rose to $319, ,82o, 900, compared
with $232, ,688, 900 in the April May
June quarter of 1899.
Excluding the relatively stable
profits of the American Telephone g.
Telegraph Co., net income of the
group was 43 per cent greater than
the same period last year.
The gain in earnings was wide
spread. OF the 800 companies, 219
reported better results than q year
ago, while 81 made a poorer 81 owing.
All industrial groups of which a
sun1cient number have reported to
afford comparison did better than
last year with the single exception
OF the food manufacturers, where
higher costs of grain and other raw
materials cut into profit margins.
Heavy Industry Leads.
Largest increases in earnings were
reported by heavy industry, with
the steel companies, railroads, ma
chinery manufacturers and railroad
equipment makers taking the lead.
For the steel industry, it was the
most profitable second quarter since
1887. Twenty-eight steel companies
which have published their results
so far (Which do not include United
States Steel Corp.) showed net in
come of $24,3S9, 900. almost four
times as large as the $6,732 900
earned in the second quarter of
1899.
Nine railroad equipment makers,
many still working on heavy back
logs of orders carried over from
1899. reported profits for the three
months ended June 80 of $3,516, 900,
against sl.21o.ooo in the same period
last year.
Sixteen manufacturers of ma
chinery also came close to tripling
last years net income, showing
profits Of $4609. 900, compared with
$l,705, 900.
The railroads steamed out of the
red and into the black, 10 COM
panies reporting second-quarter net
income of S15,278, 900, against a
deficit of $4,598.000 in the same
period last year.
Auto Gains Small
The automobile industry, which
had enjoyed % per cent increase
in production in the April-May-June
period, showed a small gain in earn
ings. Profits of seven companies
j totaled $62,816,000, compared with
$61 ,001 900 a year ago. Partial ex-
PLANTATION, however, is found the
fact that General Motors deducted
SIG, 100000 from its earnings to set
up special reserves, including $15,-
600, 900 for possible foreign losses
and excess profits taxes on 1910 net
! income.
Second quarter profits of other
Evening star., 1940-07-30
Chicago Produce

CHICAGO. July 80 (P.-Poultry. live
4S trucks: steady. Springs under lbs,
Plymouth Rock. lea: ducks, Az lbs up.
white g.: small. white. o. other prices
Butter receipts, ,o33 or; arm. Cream
cry 93 score. 271a; 90, 81: 81, 26a4; 90.
26l2;. SO; 251a; SO, 24s4: 80, centralized
carlots, 2612
Eggs, receipts, 1925: steady; prices
unchanged.
Potatoes arrivals, so; on track 236:
total u S. shipments 124: supplies moder-
ate; demand slow; for best quality, all Sec
tions, market about steady: for stock show
ing heated and decay. all sections market
weak; wide range in price, according to
condition of offerings. Idaho, Russet Bur-
banks, U. S. No: l; 1856; Idaho Bliss
Iriumghs, U; s. No l. 45-1 80; Oregon
Oreeon long whites, q. S. No. /. 175-1 30:
Washington Russell Burbanks. O. s. No. /,
1912 90; Nebraska Cobblers good quality.
.00-1.20.
Evening star., 1940-07-30
Auto Sales Up Sharply
| In First Six Months
Nv the Associated Press


DETROIT, July 30-R L. Polk &,
Co. reported today that tabulation
of new passenger car registrations
just completed. shows that 1,814,814
units were sold during the first six
months of 1910. In the like period
of 1899 the total was 1,409.102.
A similar tabulation on truck and
commercial vehicle registrations
shows that 29l,118 units were sole
from January l through June this
year, compared with 248,826 in the
same period of 1899.
The Polk figures show that ir
June of this year new passenge,
car sales numbered 3l8,615, COM
pared with 345, TAB in the preceding
month. June truck sales were 43,-
544, compared with 51553 in May
Evening star., 1940-07-30
DvGoods Market

NEW YORK. July 80 LP.-Dry goods:
A brisk demand prevailed in acetate spun
rayons for dress fabrics at steady prices.
Interest was also shown in pigment taf-
Army needs in the woolen piece goods
division. Silk fabrics Continued quiet and
ris,or ytpors were heaEe Of
gray goods market was quiet. with
sizable amount of bids at " Of . cent
under mill prices.
Evening star., 1940-07-30
Boston Wool Marker

BOSTON, July 30 LP, Omitted States De.
partment OF Agriculture).-A few mill
buyers and topmakers were making in.
quirieS today for wools on the Boston mar
ket but sales were generally of small
volume.
Bids were inclined to be little lower
than last week, but most dealers were moi
ready to shade prices except on small lots
quarter blood bright fleeces were beins
offered at 38-40 cents in the grease de.
livered East, but mills apparently are moi
interested in purchasing at this level.
Evening star., 1940-07-30
lNew Jobs Added
By Agriculture
Building
By the Associated Press.

NEW YORK, July 30.-Agricul-
ture and construction absorbed the
greater part of $4,000 persons who
found employment between May
and June, the National Industrial
Conference Board reported today.
The organization is largely support
ed by business concerns.
The board said total unemployed
in June was 8,199,000 persons, COM
pared with 8,829, 900 in May. The
emergency labor force, which was
included in the unemployed total,
dropped 276, 900 persons from its rolls
during the month, the board said.
Evening star., 1940-07-30

Net Of Tide Water
Associated Climbs
To $5,904,S65
Result Compares With
$l,206,410 in Same
Period Year Ago
By the Associated Press.

BY the Associated Press.
NEW YORK, July 30.-Tide Water
Associated Oil Co. reported net
profit for the first six months Of
S., 1904, 1865. or rs cents a common
share, compared with $1,206,410 or
10 cents share, IN the like 1889
period.
The June quarter earnings were
$1,562,14 or Is cents a common
share, compared with $534, ,729, or 8
cents a share, in the secord quarter
of 1899.
William F. Humphrey, president,
said proposals are being considered
for refunding the company's $37.-
100000 outstanding 31a per cent
debentures Of 1852 which were issued
in 1887.
Negotiations in the company's be-
half are being conducted, he said,
with the securities firms of Kuhn
Loeb & Co. and Lehman Brothers.
Reynolds Metals.
Reynolds Metals Co. and wholly
owned subsidiaries reported net
earnings for the six months ended
June 20 of $1,60l,534, or $l.43 a
common share, compared with
$488, ,704, or "a cents share, In the
six months ended July !, 1899. The
net profit for the June quarter was
1929 1868, or "a cents a common
share, compared with $294,77l, or
% cents a share, for the comparable
1899 period.
Climax Molybdenum.
Climax Molybdenum Co. reported
net profit for the June quarter OF
$1,747, $40, or SO cents a share, COM
pared with $1,311 500, or 50 cents
a share, in the like 1899 period.
Blaw-Knox Co.
Blaw-Knox Co. reported consoli-
dated net profit for the first six
months of $602.717, or As cents a
share, compared with $211,086, OF
16 cents share, in the like 1888
period.
Savage Arms Corp.
Savage Arms Corp. and subsidiary
reported net profit for the June
quarter of $202 ,789, or $121 a COM
mon share, compared with Sl18,06l
or 10 cents share, in the like
1899 period.
BOhn Aluminium.
Bohn Aluminium & Brass Corp
reported net profit for the first six
months of $728,165, or $207 a share
compared with s299,613, or IS cents
a share. in the like 1899 period.
National Supply Co.
National Supply Co. and subsidi-
aries, for the six months ended
June 80, today reported consolidated
net profit of s912,831 after charges
compared with net loss of $547 ,37O
in the like 1899 period. Maker OF
oil-field equipment, steel pipe
pumps and internal combustion en-
gines, the company has plants in
Pennsylvania, Ohio, California and
Texas.
Addressograph- -Multigraph.
Addressograph- -Multigraph Corp.
manufacturer of business machines
and it's Canadian subsidiary re.
ported net profit of s497,218 for the
six months ended June 80, compared
with $429, 400 in the like period last
year.
Evening star., 1940-07-30
Dividend Is Declared
By Atlantic Refining

By the Associated Press.
PHILADELPHIA, July 30.-Direc-
tors of the Atlantic Refining Co. de-
clared today dividend of 25 cents
a share on common stock payable
September 16 to stockholders of
record August 81.
Evening star., 1940-07-30
Carriers & General
Reports Assets Down
BY the Associated Press,

SV ekFS TaSoOCIHVcN
NEW YORK, July 30.-Carriers &
General Corp, an investing concern,
reported today assets as of June 30
were equal to s464 a share, COM
pared with $500 at the end of last
year and $4.84 share as of June 80,
1899.
Evening star., 1940-07-30
London Bur Silver

LONDON. July 80 R.-Bar silver.
22sad; OF 4. Equivalent, 4O50 cents,
based on the dollar at S4.OS.> Bar sold,
1855: UNCHANGED. Equivalent, S33.S6)
Evening star., 1940-07-30
Washington Exchange

SALES.
Wash. Ry. 6 Ell. 4s-$500 at 108.
Natl. Mtg. & Inv. pfd.-200 at 81.
Evening star., 1940-07-30

TEX dlVldeHd. -
e2ec extra sS14.0O extra paid Decem-
Der 90. 1889 k20c extra. m S1.60 ex-
ira. SOC paid September 20. 1888.
$500 paid in 1889. t25c paid July /.
1870 vS1.OO extra paid January 1910.
SIS 90 extra.
Evening star., 1940-07-30
STOCKS

MISCELLANEOUS.
Col Country C 1st 4hs 1857 103
Ter RI l. w Cp 1st 4As 194S 100
Evening star., 1940-07-30

Federal Land Banks
NEW YORK. July 80 lP.-Federal Land
! pank
Evening star., 1940-07-30
U. S. Treasury Notes
(Reported by Smith, Barney

NEW YORK. July 30 tP,.-Prices quoted
In dollars and thirty-seconds: Approx.
Evening star., 1940-07-30
Addressograph -Multigraph.

Addressograph -Multigraph Corp,
manufacturer of business machines,
and its Canadian subsidiary re-
ported net profit of s497 ,218 for the
six months ended June 30, compared
with $429, 400 in the like period last
year.
Evening star., 1940-07-30
United States Treasury Position
BY the Associated Press.

compared
Evening star., 1940-07-30
BONDS

PUBLIC UTILITY
The Wilmington morning star., 1940-09-11

1000 American homes now en-
joy comfortable automatic heat
Automatic Suckers bring increased
and health! Simple economi-
cal! Maximum heat from minimum
fuel! Fill the hopper once a day
the automatic controls do the rest.
The Wilmington morning star., 1940-09-11

A Saving Surprise for Anniversary only! Elk.
cellent quality wool faced Broadloom that will
actually give you the service of Broadlooms
selling for 6Om more! Looped pile in the new- ,
est and smartest shades. 9 and 12.foot widths
in rite size for your rooms! Remember the
price is for this sale only. . . Buy now!
The Wilmington morning star., 1940-09-11
$500 Down Balance Monthly

Looks like a piece of furniture.
Heats like. a furnace. Burns
distillate furnace oil or kerosene.
Has Cole Automatic Draft Reg
ulator and humidifier. Appro-
we'd by underwriters. New type
Zonatrol.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1940-09-17
Y.M.B.C. Fall
Show Oct. 10
Annuol Affuir 10
Be In Crescent

Marking the opening q its fan
eutnde activities. the Taeoms
Young Mems Business club win
stage = Rendezvous on the Yu-
ton" stag extravaganza from 7
,. m. to midnight on Thursday.
Oct 10. in the Crescent ballroom.
18th and Fswcett. which win be
open not only to members Of the
local club but TO the members Of
all clubs in the state and their
friends.
Alarge committee was appointed
last week by President Jerry Gee
han OF the club to handle details
Of the affair. The general chair
man Of this show of shows" is
Jack Brouillard. who will be assist
ed by the following sub-chairmen:
Arthur Fay. games: Jack williams.
keno; George Neumeyer, tickets;
George childs. finances: Paul Scott.
posters: Arthur Cook. publicity;
Max Rosen. door: Erling Tollefson.
door prizes. Brouillard and Gee
han will have charge Of the enter
tsinment which viii be obtained
from the Washington State En-
ployment service, through the local
and Seattle offices. These two club
members will also handle the public
address system for the floor show
which Is scheduled to start at $50
p. m. This will be preceded and
followed by games of various kinds.
This fall stag jamboree Is a bene-
fit for the clubs various civic ac-
tivities and city publicity promo
ton fund. The floor show will con-
sist OF 10 acts.
Preceding the jamboree a bust
ness session Of the Washington Y.
MIC. will be held at the club
office at 5 p. m, followed by the
dinner business meeting at Hotel
Winthrop. A delegation from all
clubs in the Puget Sound district
will be expected to attend and |
many others from these outside
clubs will come over later for the
floor show.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1940-09-17
SUFFER- WILL SPEAK

Walter Suffer will show colored
motion pictures and tell about the
recent Hobby Lobby show held in
Vancouver. B. C.. when he ad-
dresses the Old Tacoma Improve
ment club at s p. m. Tuesday In
Slovenian hall.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1940-09-17
Christian Youth
Meeting Tuesday

Tacoma Christian Youth council
will hold its first meeting of the
fall season in Mason Methodist
church, No. 2sth and Madison sts.,
Tuesday at 7:30 p. m.
A. L. Daniel, group adviser. will
explain the purpose and aim of
the council, and chairmen OF the
committees will outline plans for
the year. A period Of fellowship
will follow the business meeting.
With the thought of establish
ing a thorough understanding of
future activities, members are
urged to attend this first meeting