davidaulloa/AmericanStories huggingface dataset:
Evening star., 1940-07-26
Washington Produce

BUTTER-93 score. tubs, 3O4; 1-pound
prints, 30s4: l4pound prints. 3lA; 81
pound prints, 3Ol4 81 score, tubs 29it;
30l4' 90 score, tubs, 2734 1-pound prints,
2SH 4-pound prints, 2SA; 50 score
TUBS, 2l'4. l-pound prints, 2SA4: A-pound
prints 2S34 IS score, tubs 27l2: 1-pound
prints. rs; i4-pound prints. 2sl2.
LIVFSTOCK-Calves, e: spring lambs, 9.
Other livestock prices unavailable.
From Agricultural Market Service
Prices paid net fob. Washington:
EGGS-Market steady Prices paid for
Federal-State graded eggs received from
grading stations July 26D-Whites, U. S.
extras. large. 1927; U. S extras mediums
1873; y. S. standards large, 20-23; U s.
SStandardS mediums 1920; U. S. trades
26 U. S. extras. mediums, 1892: u S
standards large, 20,23. U. S. standards
mediums 1919: U. s. trades, 14-l1 For
nearby ungraded egg-Current receipts
whites. l1-l1!2: mixed colors 16-16E2
LIVE POULTRY-Market steady. Fowl
colored all sizes, 1916; No. 2s 1l-12:
Leghorns. 10. Roosters 50 Chickens
Virginia Rocks. broilers and frycrs all
sizes, ~ Nc IS, II; ,Delawsre, Rocks and
No IS II Leghorn broilers all sizes IA
Turkeys. old toms, 10-1l; hens, 13, NO. 2s
hens and toms. s.
Evening star., 1940-07-26
Tide Wafer Associated
To Sell New Issue

NEW YORK, July .26.-The Sun
said today the Tide Water Asso-
ciated Oil Co. virtually had COM
pleted arrangements to sell S35, ,5OO,-
900 of new securities to certain banks
and insurance companies.
Proceeds of the new issues. the
Sun said, would be used to retire the
outstanding debenture 3l2 per cent
bonds of 1852 which were brought
out in 1887.
The new securities will consist of
SIG 100000 one to 10 year series
notes which will be sold to a group
of about 10 banks, and S16,5OO 900
15-year % per cent bonds which
will be sold to two insurance COM
panies.
At the companys' Office it was said
no statement could be made now
about financial plans but it was in
dicated an announcement would be
made after the directors meeting
next Thursday.
Evening star., 1940-07-26
Exchange Chiefs 10 Talk
Revision With 5. &c.

By the Associated Press.
Members of the Securities Com
mission invited New York Stock
Exchange officials yesterday to par
ticipate in conferences on possible
amendment to the securities law.
William McC. Martin. governor
of the Exchange, and three aSso-
Clates, went to the commission to
report on progress in connection
with a study of the Exchange made
some time ago by the Public Exam
ining Board, and the invitation to
join in the talk on amendments grew
out of the meeting.
The S. E. c. began a series of
conferences last week on possible
changes in the 1888 and 1884 Secur-
tiles Act with representatives of the
Investment Bankers Association
and the National Association of
Securities Dealers. These two groups
and the commission already have
agreed on recommendation for an
immediate amendment to relax a
20-day cooling" period which must
elapse before new securities may be
offered to the public.
Evening star., 1940-07-26
Bethlehem Steel Headoi
Urges Provision for a
Expansion Needs j
Grace Says Adequate
Profits or Government
Money Required
By the Associated Press

BY the Associated Press. ~
NEW YORK, July 26.-Eugene
G. Grace, president of Bethlehem :
Steel Corp, foreshadowing big
expansion in the company's arma-
ment and shipbuilding facilities for
the national defense program, called
yesterday for adequate profits" or
government money to finance the
new facilities.
At the same time the country's
second largest steel concern re-.
ported peacetime record of orders
on its books. These stood at $685.
521 ,487 on June 80, and Grace said
about S200,00000O of naval orders
had been received since that time.
The money for expanded arms
production. by Bethlehem and
others, Grace said, must come In
one of two ways:
Either the Government must,
supply the money or it must permit
private interests who do provide the
money to get sufficient business and
make sufficient profits to compen-
safe them for creating these IA
cilities.
Il do not think that where the
articles have no commercial value
we have right, nor do we care, to
spend the stockholders money" 90
Grace's statement was made as
the company announced its net in
come for the quarter ended June SO
was Sl0,6O7 ,3l8, or S307 a common.
share. This compared with S3,022,>
927. or 81 cents a common share ins
the June, 1889, quarter and with
Sl0,891 ,l39, or $50 a common share,
in the March quarter this year.
The company called an issue of 5
per cent preferred in April this year:
Grace said the Government al
ready is paying for the extension of
some of Bethlehem's facilities, and
said the Government owns such
extensions 100 per cent"
The amount of money necessary
to take care Of facilities for the
100000 900 in Navy orders recently
! received, Grace said, was "surpris-
lngly small" But he added that the
| next step in the naval building pros
gram would require much moro
shlpbullding expansion" Armor
plate and gun manufacture likewise
Will require more plant facilities,
Grace added. n
Directors Of Bethlehem declared
dividend of SIPS a common share
payable September to holders Of
record August g. A similar payment
was made IN June, and in January
( 81 was paid.
Evening star., 1940-07-26
New Haven Deficit Cut
To S445,017 in June
By the Associated Pre- p

BY the Associated Pre-
NEW HAVEN, Conn. July ga
deficit of s445 OFT after fixed charges
was reported today for June by the
New York. New Haven & Hartford
Railroad Co. as compared with a
$6l9,770 deficit for the same month
last year.
The deficit for the first six months
of 1910 totaled s2,162,454 as against
s2,775,776, deficit for the same
period in 1899.
The company reported gross rev.
enues for June of S6,763, ,532, an in
crease of 5642l over June. 1899.
Freight revenue increased 1922 79S,
but passenger revenue decreased
S203,795 principally, the company
said, as result of the fare reduc-
ton on March 25, 1910.
For the first six months Of 1910,
gross revenues amounted to $40
036,966, an increase of SAT- ,O65 over
the same period in 1889.
Evening star., 1940-07-26
Grain Storage
| At Kansas CITY
Sets Record
6v the Associated Press.

BY tnc ASSOCIATED PreSS.
KANSAS CITY, July 26.-Grain
stored in Greater Kansas City's l6
public elevators scared to new
record high today as unloading op-
erations of supplies of the new
wheat crop accumulated on track
brought the total in the bins to A.
1853, 900 bushels.
All but 1870 bushels is wheat.
The previous record for all grain
stored was 4l94O 900 bushels on Sep
tember H. 1882.
The capacity of public elevators is
rated at 45,500,000 bushels, but 43,-
100000 bushels represents full ca
pacity because of the necessity of
retaining some empty space for
working room.
Evening star., 1940-07-26
Norwich PhurmucuI
Profits Below 1899
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, July 26.-The Nor
wich Pharmacal Co. and subsidiary
report net earnings, after deprecia-
tion and provision for Federal taxes
under the recently enacted Federal
law, for the three months ended
June 80 of $164 1888, or 81 cents per
share on the 100000 shares of COM
mon stock outstanding. compared
with S224,493, or % cents per share,
for the three months ended June
30, 1889.
For the six months ended June 30
net earnings amounted to $370,945,
or 46 cents per share, against $780,
351. or 49 cents per share, for the
six months ended June 30, 1899.
Evening star., 1940-07-26
Chicago Grain
y the Associated Press.

BY the Associated Press.
CHICAGO, July 26.-Corn prices
advanced as much as 1ls cents and
wheat $ cent at one stage today,
but these gains were reduced before
the close
December corn. representing the
new crop, led the upturn. Buying
was inspired largely by disappoint-
ment Of traders as to the amount
of moisture received in many corn
growing areas, but the forecast in
dicated unsettled weather would
continue in parts of the belt.
Corn closed unchanged to q
higher, compared with yesterday;
September, 6ll4-6l3s; December,
So 2-505s; wheat unchanged to 3s
lower; September, 74ls-74l4; De-
cember, 75l4-752s; oats "A higher.
Evening star., 1940-07-26
Chicago Produce

CHICAGO. July 26 L4N.-Poultry, live !
car 10 trucks; steady; hens, Leghorn, Il;
other prices unchanged.
Butter receipts 1,1S4,s65; steady;
creamery, score SO 2514; Ss. 24l2; 9(
changed.
Eggs, receipts. 1920 easy. fresh
graded. current receipts. l2&t dirties, IL "a
checks, II; other prices unchanged
Potatoes, arrivals, SO: on track, 267
total U. S; shipments, 36e; supplies fail
and liberal; demand very SLOW; marke
a few sales. 35-1. 80: Idaho Russet Bur.
banks, U. S. No. /. 30; Kansas Cobblers
to good quality, 1.O0-I.1O: Nebraska
Bliss Triumphs. fair to good quality IIO;
Missouri Cobblers. fair to good quality
1.05: Washington White Rose, U. S. No
!. 200.
Evening star., 1940-07-26
Foreign Markets

LONDON. July 26 LP.-Buying was on a
larger scale today than for some time past,
the stock market closed generally firm with
prices around the best OF the day. The
aGvance in industrials. was general while
glit-edged issues gained despite some dull
ness in initial trading
Satisfactory dividend announcements re-
suited in an 1pturn in the prices of do
meStic rails. Kafirs met renewed support
and. despite fair measure of profit-taking,
most issues finished with substantial gains
Tobacco, brewery and store issues were
substantially higher. Oil securities held
their initial advance and buying interest
stu was shown in copper stocks
The shortage of stocs. together with in
creased inquiries owing to lehtness OF
budget tax increases, were responsible for
trials
LIVERPOOL Early gains N cotton fu-
lures were worked out in later dealings
today by profit taking and hedging against
outside grovtas. Final prices were 4 to Z
lower.
Evening star., 1940-07-26

Additional New York markets as COM
piled by the Associated Press:
COFFE-Spot quiet; Santos No. 4, ga
~. Rio No e. Cost a,rsnd and dr freight shd
5s at 640-7.15. Santos No. "D'' fu-
lures closed 81 lover sales oo9 saaS bags
6.01n. Rio No. "A" futures lower.
WOOL, TOPS-Futures closed / to 3
lower October 1926 December, 90.Tb:
March, s9.5. Spot standard tops. 1000,
up 20.
COCOA-Futures closed 81 lower. Sales
2,479 tons. September, 4.01n; December,
4.24n: March. 4.35.
CRUDE RUBBER-Futures closed !
higher to 13 lower. Sales. No: l stand
ard, 73 contracts. July. 22.25; Septem-
ber, 1e,49: December. 1862. Smoked
ribbed SPOT. % Don.
RAW HIDES-Futures closed 1898
lower. Sales, 2,920.OOO pounds. Septem-
Der, s75; December, $50. Spot, No.
RAW sILK-Futures No. | closed II
lower to higher. Sales, so bales, ali
switches.
b Bid. Nominal.
Evening star., 1940-07-26
Boston Wool Market

BOSTON, July 20 iP, UNITED States De-
partment of Agriculture Quot ations or.
domestic woods tended to strengthen on the
Boston market today and some sales were
closed at slightly higher prices than was
possible earlier in the week .
Demand vas mostly for ORIGINAL bag fneF
territory wool at $3.50 cents. secured bas is.s,
ing length and at SO-s3 cents. scoure1
basis, for wools running mostly average To-
good French combing length.
Evening star., 1940-07-26
Morchont Earnings
Ahead of Year Aoo

OAKLAND, Calf, July 26.-Mar-
chant Calculating Machine Co. for
the six months ended June 80 re-
ports net profit of S4O7, ,767 after
all charges, equal to S1.79 a share
on the 226,642 shares of common
stock outstanding.
This compares with a net profit
of $361,45 equal to S156 a share
on the common for the correspond
ing period a year ago. The 1889
figures were after a deduction of $8,-
TIA for dividends on the preferred
stock, which was retired in its en-
tirety on June 80, 1889, from cash
surplus.
Evening star., 1940-07-26
Illinois Central Net
Laos Behind Year Ago
By the Associated Press.

By INt ASSOCIdIFV FItSS.
CHICAGO. July 26.-The Illinois
Central System today reported a net
railway operating income for the
month of June of s605 ,266 as COM
pared with S676l99 for the same
month a year ago.
For the six months eded June 30
the net railway operating income
was S5,910,209, as compared with
S5,828,871 for the same period year
ago.
Evening star., 1940-07-26
Ohio Edison Elects
Whiting Board Chief
BY the Associated Press.

~ zfosOCIdl ltU
AKRON, Ohio, July 26.-Direc-
tors of Ohio Edison Co. yesterday
elected. Justin R. Whiting of New
York chairman to succeed Wendell
L. Willkie, Republican nominee for
President of the United States.
Whiting recently succeeded Mr..
Willkie as president of the Com
monWealth & Southern. He pre-
viously had been attorney for the
holding company, a position Mr..
Willkie held before elevation to the
presidency.
Evening star., 1940-07-26
D. & R. 6. Equipment
Issue Is Approved

BY the Associated Press. '.
The Interstate Commerce Com
mission today authorized the Den
yer & Rio Grande Western Railroad
to issue 81 100000 of equipment trust
certificates in connection with the
purchase of new equipment. The
certificates are being sold at 100.277
per cent of par.
Evening star., 1940-07-26
New Peak in Personal
Looms Is Reported
BY the Associated Press.

By the Associated Press.
The Commerce Department esti-
mates that personal finance COM
panieS set a new record with $751;
100000 worth of loans dncluding re-
newalsp last year.
The total was % per cent higher
than the previous peak set in 1887.
Evening star., 1940-07-26
CHICAGO Cash Market.

CHICAGO Cash Market
Cash wheat, No. > red. 7oa4. No. 1 hard.
75i4-i2 No ., 74a4-75A: sample Grade,
72l2; No. 3 dark hard, 1874; No / mixed,
~ No ., 744,75: No, 8, 731a; No. 4,
yellow, a5>S7A Oats, No. l mixed 3ola;
No; l mixed bright, 3la4: No . mixed,
30i,4: sample grade: 29l2: No white.
81 u: Nc. l white. heavy, 32-32H.: No. |
white, bright, 81: No. white, heavy, 30l.
sample grade. white. %. Barley, mailing,
4s-54 nominal; feed, 35-45, nominal. Soy
beans, No. 3 yellow, 80.
Evening star., 1940-07-26
New York SUGAR

NEW YORK. July 90 Gp,-A decline Of
POINTS in spot raw sugar today stmi.
lated liquidation in the futures market
ano prices eased in moderately active >
Domestic. futures were UNCHANGED to l
lower in late afternoon Steady trade e
covering developed on the reaction Sep
tember sold at 73 and January at so. =
The world contract was u to ia lower
with LIQUIDATION and hedging satisfying
scale,down covering. December sold at on :
and May at .O4 ~
Spot raw sold 9 points lower when a re-
finer bought $3.50 tons o: Philippine az
2.63 cents. Q ,'cingS earlier had been
scaled upward s''"65.
Refined was hanged at go to 435.
Futures No. closed L. lower. Sales,,r
Evening star., 1940-07-26
Ruts in Troll Visible

Ruts of the old Santa Fe Trail
opened in 1921 by Capt. William
Becknell, still are visible in New
Mexico.
Evening star., 1940-07-26
New York Bank Stocks

NEW YORK, July - GP,.-Natlonn!
Association Securities Dealers, Inc:
(Quotations as of . o'clock
Evening star., 1940-07-26
Commodity Prices

NEW YORK. July ,26.--The. Associated
Press weighted wholesale price of 35
commodities today advanced to 69.7.
Previous day. .69.62: week ago, 1923;
month ago. 71:S6; year ago. 81 .62o -,
1910. 1889. 1888. 1933-37.
High 1929 1922 7437 9s.14
Low 49, 69.62 63.7S $685. ALA
1926 average equals 1909
Evening star., 1940-07-26

In bankruptcy or receivership or being
reorganized 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. Accumulated dividends
paid last year Declared or paid so
far this year Payable in stock Paid
last year h Cash or stock K Accumu-
lated dividends paid or declared this year
ur Under rule WV With warrants. XIV
Evening star., 1940-07-26

Lower layers of rock in the Ba-
hamas can be sawed out for build
ing material. Later 1t hardens.
Evening star., 1940-07-26
New York Cotton

BY the Associated Press
NEW YORK, July 26.-Small
trade buying orders and scattered
local support found little for sale in
cotton futures trading today. Hedge
selling was light despite continued
favorable crop weather.
Prices moved narrowly, and in late
dealings were point lower to 3
higher; October, 9.47; December,
9.34; July, 875.
Southern selling and local realizing III
Evening star., 1940-07-26
Baltimore Stocks
Special Dispatch to The

special Dispatch to The Star.
BALTIMORE July 26-
Sales STOCKS High. Low Close
100 Arundel Corp II 1874 I37s i37s
p Bait Trans 81 81 81
As F1del &: Deposit Ill Ill Ill
$50 Fidel & Guar 21R 2112 27h
200 Merch g. Miners l2h I2la H2
+ 3o5 U Fid &; 9 1914 1871 19M
$4,000 Bal TT deb As a 80 80 80
Evening star., 1940-07-26
Cottonseed Oil.

NEW YORK. July 20 tP,-Bleachable
cottonseed oil futures closed 1-3 higher.
Sales, 40 contracts September, 5.97b:
October. 5.9S; December. 6.01b; January,
6.03b: March. 6.11-l2.
Bid.
New Orleans Prices.
NEW ORLEANS. July % LP>.-Favor-
able weather IN the belt and long liauida :
ton eaSed cotton futures here today. Clos
ing prices were steady. points net lower.
Evening star., 1940-07-26
Chicago Stock Market

he complete iist Of TRANSACTIONS on ms the
CHICAGO Stock Exchange today:
SdleS C1oSa
Evening star., 1940-07-26
Dividends Announced

NEW YORK. July 26-Dividends de-
clared. Prepared by Fitch Publishing Co .
Pc Stock Of Pay
Rate. Rod. record. able.
Extra.
Freeport Sulphur soc - sic a-3
Accumulated.
Am Locomo 7Sc pf $500 - 81 Sis
Fla P'd Ce 70 pt pf 81 80 1-3l Sis
In Rvs of A So pf Sl.25 SIS Sis
Decrease.
Quaker State Oil Rein 15c - $40 a-16
Vanadlum Olloy Steel 15c SIG 9-3
Increase
Bendix Aviation 15c $40 9-3
Evening star., 1940-07-26

Southern selling and local realizing il.
creased near the close and prices slipped
to close y TO 3 points lower
Evening star., 1940-07-26
Miscellaneous Markets.

(1926 average equals 10O
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1940-11-14
No 'Wishful Thinking
In German Education
America Needs Men, Not Machines Declares Former
German College Professor in Address to Teachers

the idea of race even permeates the
curriculum so that the Germans
believe in German mathematics and
physics as distinguished from
French or English mathematics and
physics. The youth are taught to
believe that they are predisposed
to leadership by nature" DR.. Kot-
schnig said, quoting from a Ger
man manual, and they are taught
to believe that "all human history
Is history of races, with any kind
of intermixture killing civilization"
They are even taught to believe,
he said, that Egyptian, Persian, and
Greek civilizations owe their success
to the Nordic influence.
Speaking Of the emphasis on in
creasing the German birth rate, DR..
Kotschnig said that persons con-
templating marriage can get a loan
of $500 from the government. With
each child produced from the mar
riage, he said, the loan Is reduced
by one-fourth, so that with four
children your debt is wiped out.
italian System.
In regard to Italy, DR.. Kotschnig
said that italian education has not
been nearly as successful In resur-
recting the spirit Of the Roman
Empire, although the emphasis Is
the same as in Germany. This, he
said, may account for the current
defects of Italy on the battlefields.
With respect to Russia, he said
that anti-intellectualism is not so
prevalent there as in Germany be-
cause the Russians are proud Of
their 10Th century thinkers. He
said, however, that the Russians be-
lieve that freedom Of thought Is
nonsense; that the world must be
explained in terms Of state philoso-
ply.
I'm Russia" he said, 1.-THE child
knows more about his country than
we do. But he doesn't know any
thing else.
The speaker said that American
teachers should give their students
a true historical perspective, as dis
tinguished from the warped outlook
of the totalitarians. He said that
they Shout. point out that the
greatest civilizations existed where
the ideas OF the free individual re-
sponsible to the community existed.
He gave Athens and Sparta as ex-
amples. In Athens, he said, these
ideas were central. In Sparta, on
the other hand, the emphasis was
on fighters and on the state.
"In the 300 years Of Sparta's ex-
istence," he said, "they did not pro-
duce one great thinker"
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1940-11-14

In stirring address, DR.. Walter
M. Kotschnig, of Smith college, last
night called upon the teaching pro-
fession to redeflne the meaning of
civilization and democracy In the
face Of the growing threat of a
totalitarian youth "as hard as
Krupp steel and as tough as leath-
err"
introduced by Mayor Vincent A..
Scully as man whose experience
in world affairs rivals the magma
ton, DR.. Kotschnig, who spoke at
Wildly high school under the aus
pices of the Waterbury Teachers
association, said that democracy
must be taught in terms of Cd the
free individual, and co voluntary
acceptance Of responsibility toward
the community.
Feature Number.
Miss Daisy Lord, president of the
Waterbury Teachers association,
said the meeting was the feature
OF the local observance Of National
Education week. Miss Helen Nc
Donald, featured singer, was given
an encore by the 500 persons who
attended.
Painting vivid picture Of educa-
ton in Germany, Russia and italy,
DR.. Kotschnig said that the great
est challenge to American educa-
ton and youth Is the sense Of ex-
hilaration and sacrifice to the state
which makes the youth OF totali-
tartan countries sincerely believe
that I'VE have found freedom at
last and we are happy"
Have we anything to offer? Not
now" DR.. Kotschnig said. "Our
youth has no purpose, no enthu-
siasm. We have machines, but men
are necessary. We are only. just
beginning to realize this. That it's
all right to have tool makers and
machinists and ornaments, but will
that save us? How about our young
people who don't know what's at
stalker
What must we dop" DR.. Kot-
schnig continued. I'VE must cast
of the cheap utilitarianism that
makes us think of cash and nothing
else and we must have courage to
admit the black spots" In our de-
mocracy."
DR.. Kotschnig said that one OF the
principal reasons for the success Of
German education was the absence
Of "wishful thinking" an education
dedicated to making great fighters
while we in America had courses
characteristics.
on "ice-cream making"
DR.. Kotschnig, who holds Doctor
ates from German and Austrian
universities and who was a key
man in refugee affairs at Geneva,
described the German educational
program as having four character
istics: (1) the idea Of race; (2) en-
phasis on manual labor; 90 strong
ly anti-intellectual; and ~ mill
tarization.
Devoting a large portion of his
talk to the idea Of race in educa-
ton, DR.. Kotschnig said that in
Germany ut Is the blood that thinks
and not the brains" He said that