davidaulloa/AmericanStories huggingface dataset:
Evening star., 1940-09-01
CommodityPrice
Chongesin Week
BY the Associated Press.

BY the Associated Press.
NEW YORK, Aug. 31.-Advances
in grains, cotton. livestock, and table
foods today lifted the Associated
Press index of IS cash wholesale
staple prices upward for the second
week in a row.
The index, with 1926 as 100, rose
to 7048 from 1854 last week and
65.34 year ago.
Grains at Chicago were said to
have been given rising impetus by
advancing shares In the New York
Stock Exchange. Higher were cash
wheat, corn, and rye, although oats
were a little cheaper.
Cash cotton, also wool advanced
among textile materials, but silk
declined.
Hogs at Chicago touched the
highest levels since last September,
and cattle sold at the best prices
since May, 1889. Heavier consumer
demand for ham, bacon and beef,
because of the unseasonably cold
August weather, was reported re-
sponsible for price hikes. Lambs
were cheaper The livestock COM
ponent of the commodity index
rose to a new 1910 high.
Up among table food items were
eggs, butter, lard, cocoa and -four.
Coffee was a bit less expensive.
Among industrial raw materials,
cash hides, coal and turpentine
advanced, while down a shade were
rubber, tin and linseed oil
The commodity index, with its
components, compared as follows:
Evening star., 1940-09-01
Baltimore Phone Income
Below 1899 in July
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE, Aug. 31.-Net in
come for July of the Chesapeake q
Potomac Telephone Co. of Balti-
more City, serving the State of
Maryland, was $209,252, a decrease
Of $38,6O8 from July of last year.
Operating revenues amounted to
s1,455,413, as compared with ST.
329,619 for July, 1899. Operating
expenses, including taxes, were ST.
246, ,161, which was S164,402 more
than in July of last year.
Taxes this July totaled S2l2,084,
which was $18.08s more than in
July, 1899. For the first seven
months of this year the taxes
amounted to s1,495,8O6 or sl31 ,602
above the corresponding reriod of
ast year.
A total of 292 ,159 telephones were
in operation in the State at the
end of July. This was an increase
of 20, 702 over the number in opera
ton a year earlier. Users made
more than 38,6849OO calls during
the month, an increase OF 10.5 per
cent over July, 1889.
Evening star., 1940-09-01
Early Buying Thrust
In Cotton Parried
By Late Selling
New York Futures
; Points Lower to
2 Higher at End
BY the Associated Press.

NEW YORK, Aug 3l.-An early
buying thrust in Gotten futures today
was parried later by hedging sales
and weekend realizing. The market
closed points lower to higher.
Morning demand, in the form of
price fixing, was an aftermath of the
exceptionally large textile business
of Thursday and Friday.
More hedging developed as the
new crop continued On the way to
market. Some traders trimmed their
accounts as they preferred more
liquid position in view of the long
holiday week end and possible de-
velopments abroad.
Textile sales for the week were
estimated at between 200 and $50
per cent of current output. Traders
were gratified at the business which
blossomed at the end of an arid
sales week.
No cotton was exported Friday:
season so far, 5l,329 bales. Port re-
ceipts, 24.418; port stocks, 1854, ,439.
Range follows.
Evening star., 1940-09-01
Lumber Output Holds
Far Above Yeur Ago
a, the Associated Press.

By the Associated PresS.
The National Lumber Manufac-
turers' Association reported yester-
day that lumber production for the
week ended August "a stood at rs
per cent of the seasonal weekly aver
age of 1929 and shipments were 80
per cent of the average 1929 weekly
shipments
Production for the week totaled
266 $40 900 feet, which was per cent
less than the previous week, and z
per cent greater than the CORES
ponding week a year ago.
Shipments aggregated 268,929 900
feet, which was fraction Of per
cent greater than the previous week,
and l per cent greater than last
years corresponding week.
Orders booked during the week
were 351 ,856,000 feet, which was 9
per cent greater than the previous
week, and 35 per cent greater than
the corresponding week last year.
Evening star., 1940-09-01
Surplus Egg Buying
To Be Discontinued
By the Associated Press.

by the ASSOCldleu FIcSS
The Agriculture Department an
nounced yesterday it would discon-
tinue its surplus egg purchase pro-
gram September 8.
officials said the program had
accomplished its purpose and cur
rent supplies were decreasing and
prices rising.
These factors, they said, together
with the steady outlet for eggs
through normal channels of trade
and through the expanding food
stamp plan should serve to hold
market stability.
Since the egg program was started
in December, 1889, the department
has bought 2,330,0O0 cases at a cost
of approximately s12,500,OOO.
Evening star., 1940-09-01
Georgia tobacco Prices
Average Above 1889
BY the Associated Press.

ATLANTA. Ga, Aug. 31-The
Georgia Department of Agriculture
announced today 79547,014 pounds
of f1ue-cured tobacco were sold for
S12433 ,441.76, an average of 1858
cents a pound. on Georgia's Is mar
kets this season.
The average was nearly 3 cents
per pound more than the 1899 crop.
Last years Georgia auctions av-
eraged 1882 cents, bringing Sl2,-
981 967.79 for 1O1 1886, ,2O8 pounds.
This weeks closing sales at 43 of
the States IS warehouses totaled
4,341,179 pounds and brought s444.-
SOL 90, an average of 1924 cents a
pound.
Agricultural officials said the av-
erage price dropped as result of low
grade offerings at the final sales.
Evening star., 1940-09-01

AL lLlC SOA4NCLl- -.' -ANAnNN'
tions of the American Bankers As
sociation.
He is president of the East Wash
ington Savings Bank, which he
helped organize. For years he has
had the distinction of being chair
man of the Washington Clearing
House Association, an organization
Of vital Importance to the banks.
Retail Trade Again Scars.
Department store sales in Wash
ington for the week ended August
"a again scored a substantial ad-
vance, soaring Isl per cent above
the week ending August 26 last year,
the Federal Reserve Bank of Rich
the Capital were also S.5 per cent
ahead of the previous week this
year, the review added.
The weekly sales gain of more
than Is per cent compared with an
upturn of 20 per cent in the whole
fifth district, 16 per cent IN Balti-
more and 9.5 per cent in group
of other cities. The four weeks rise
was ahead of the 7 per cent up
swing in the entire area.
In the four weeks ended August
"a sales in Washington were 1873
per cent better than a year ago,
against IS per cent for the fifth
district, 16 per cent in Baltimore
and 15.5 per cent in the group of
other cities, the Richmond bank
stated.
Institute Honors Robey.
Francis E. Robey, assistant cash.
Ter, Bank of Commerce & Savings,
has been appointed chairman Of
the Program Committee of Wash
Evening star., 1940-09-01
PIone Accessory Firm
Opens Office in West
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, Aug. 31.-That the
great West Coast aircraft industry
is making increased demands on
Eastern makers of pre-engineered
precision parts is evidenced by the
announcement of Simmonds Aero
cessories, Inc, New York engineer
ing and manufacturing organization,
of the opening of Pacific Coast
Office at Burbank, Calf.
The Simmonds company, an i'm
portant supplier of specialized air.
plane control systems, fasteners,
flooring and other essential units,
has in the past handled its West
Coast business from its Eastern
headquarters.
Evening star., 1940-09-01
Copper Prices Display
Firmness at Close
Of Busy Week
August Deliveries
Expected to Show
Large Increase
BY the Associated Press.

by lne ASSOCIATED PreSS.
NEW YORK, Aug. Shopper
rounded out a satisfactory sales
week on a firm price footing.
All sellers quoted IL cents a pound
at the week end. Even in the vola-
tile resale market buyers appeared
at that figure.
During the week the resale divi-
sion offered metal at a small con-
cession from the producer and
smelter price.
Trade predictions were made that
producer deliveries of copper in Au-
gust would better any 1910 month
with the probable exception of jan
uary, when shipments totaled 81 ,428
tons.
Heard with interest by metal deal
ers were rumors the British govern
ment renewed the contract made
last September for purchase of $685.
900 tons of Rhodesian copper for
another year. A small amount Of
Rhodesian metal may also be bought
by England between now and the
end of the year outside the original
agreement, it was said. Z
The export market for copper was
practically nominal at the un-
changed price of $50 cents a pound.
Only limited sales of lead and zinc
were made, but prices were firm at
490-495 and $50 cents a pound, the
latter East st. Louis base.
Reports were bright from most
fronts in the steel industry. Many
experts expected 1899 peak output
of 94.5 per cent of capacity to be
exceeded within the next few
months.
Buying of steel was active and
specifica tions heavy on both domes-
tic and export accounts. Railroads
have entered the market vigorously
and total orders recently placed
were figured at more than $4,000
tons.
Tin plate activity, however, con-
tinued to decline. Stocks, it was
believed, were larger than consum-
ers and producers normally carry.
Evening star., 1940-09-01
Boston Wool Market
Strong During Week
BY the Associated Press.

by the associated Press.
BOSTON, Aug. 81 UNITED States
Department of Agriculture). = The
Boston wool market was quite strong
during the last week. The volume
Of sales was fairly large and prices
strengthened on a wide variety of
domestic woods.
The demand was largest on fine
wools, but other grades also were
moderately active.
Grease basis prices OF graded
combing bright fleece woods re-
manned mostly 1896 cents On fine
ielaine, 1886 cents on half bloods
and 40-42 on three-eighths and
quarter blood grades.
Evening star., 1940-09-01
Stock Exchange Volume
Up Slightly in Month
By the Associated Press.

By the Associated Press.
NEW YORK, Aug. 3l.-Transfers
on the New York Stock Exchange in
August were slightly ahead of the
extremely small turnover in July,
but were sharply lower than in Au-
gust, 1899.
August sales Of 7,6l6,O5O shares
compared with 7,304,820 in July and
1872, ,781 in August year ago.
Bond sales were the smallest for
any month since 1917, at S79 ,592 1926,
par value. Sales in July were $685.
10000 and in August, 1899, $1ll,-
1914, 1000.
Evening star., 1940-09-01
i33,601 Net Shown
~ RustIess Iron
ny the Associated Press.

ny the Associated Press.
BALTIMORE, Aug. 31-The Rust
less Iron & Steel Corp. reported net
profits of $685., ,60126 for the six
months ending June 80, compared
to S4O2, ,725.O2 for the corresponding
period in 1889.
Directors declared the regular
quarterly dividend of 621a cents a
share on preferred stock and Is
cents a share on common stock, pay
able to stockholders of record on
August %.
Evening star., 1940-09-01
Firth Sterling Steel
Reuffirms Prices
Special Dispatch to The Star.

Special Dispatch to The Star.
McKEESPORT. Pa, Aug. 81
Continuing its policy of stabilized
prices, Firth-Sterling Steel Co., large
producer Of tool and high-speed
steels, today reaffirmed current
prices for the fourth quarter on all
of its grades.
This policy led to pegging of the
price Of l8 per cent tungsten high
speed steel during the period Of
brisk buying last year.
The company believes that its
action at that time introduced a.
period Of stable buying. and that as
surance of price stability now will
minimize speculative purchases.
Evening star., 1940-09-01

ulations during
the week from
patrons, as well
as from b a n k
officials all over
the city.
Mr.. McKee'S
banking career
is too W e IL
known to be re-
viewed here. He
has always been
a leader in the
District Bank
ers Association
and years ago
was very active
IN thu nnnNn,n
Evening star., 1940-09-01

Francis Z. Robey. the Graduate
School of Banking.
Other members of this committee
are Herbert D. Lawson. jr., Wash
tngton Loan g. Trust Co.; Paul J.
Seltzer, American Security g. Trust
Co., and Joseph R. Fitzpatrick, Sec
ond National.
Home Financing Up Sharply.
Hohe financing in the District of
Columbia in July totaled S5,758,C-
with 1928 mortgages being recordee
economists of the Federal Home
Loan Bank Board reported today
The figures compare with 1904
mortgages amounting to s4,754,000
in July a year ago, an increase of
over 100000.
Savings and loan assoc ations
made the largest number of loans,
575, totaling $2,7S4,0OO; insurance
companies made So in the sum of
$4,000; banks and trust companies
granted los loans amounting to
1922 900; individuals made 345 for a
total of 1865 900; while other home
loans numbered 215 and amounted
to $967 900.
Real Estate Bonds Higher.
Real estate bond prices followed
the July advance with a rise of lust
one point in August, the Amott-
Baker averages disclosed yesterday.
Washington issues are included in
the 200 bonds in the list. The aver
age price increased from s28s per
$1,000 to 1922 per $1,000.
The changes were evenly distrib
uted in eastern cities, Buffalo lead
Ing with a 2 per cent rise. During
August, rs issues increased in price,
80 remained unchanged while As de-
creased. So far in 1910 the bond
price average is per cent below the
1914 per 81 900 on December 81, 1899
Office buildings bonds showed the
best gains during August, 2.6 per
cent.
Evening star., 1940-09-01
Higher Net Reported
By Keystone Steel
BY the Associated Press.

BY the Associated Press.
NEW YORK, Aug. 31.-Keystone
Steel g. Wire Co. reported today for
the year ended June 80 net income
of $1,418,221, equal to S187 a share
on the capital stock, compared
With 1897 ,299, or $118 a share, in the
preceding year.
Evening star., 1940-09-01
All U. S. Exchanges
To Observe Holiday
By the Associated Press.

By the Associated Press.
NEW YORK, Aug. 31.-All United
States financial exchanges and
commodity markets will be closed
Monday, September 2, Labor day.
In Canada the stock exchanges
In Toronto and Montreal and the
Winnipeg Grain Exchange will! be
closed on Labor Day The Toronto
Exchange extended the holiday by
remaining closed today.
European exchanges will operate
next Monday.
Evening star., 1940-09-01

ington Chapter,
American Insti-
tute of Bank
ing, for t h i S
year, President
E d W ard M.
Blaiklock a n
nounced yester-
day.
Mr.. Rob ey,
immediate past
president of the
chapter, gradu-
ated from the
institute several
years ago and is
now enrolled in
Evening star., 1940-09-01
D. {. Bank C|earings
Highest for August
In Eleven Years
Eight Months Volume
Also Best for Thut
Period Since 1929
BY EDWARD c. STONE.

Bank clearings in Washington in
August scored another sharp gain.
reaching slOs,6O2 ,295.62, compared
with 1851 .52302 in August, 1899,
an increase of s15,97O,772.6O, ac-
cording to George H. Bright, man.
ager of the Washington Clearing
House.
Clearings were the highest of
any August in the past IL years and
neared the highest point in the
city's history for that month. The
highest mark ever reached was in
August, 1929, when bank clearings
in the Capital totaled s113553,-
51964.
Clearings in the first eight months
OF this year totaled 1896, 500 ,971 81
in comparison with S782, 1884, ,437 .03
In the like 1889 period, a gain of
Sl14,225, ,49878 The eight-month
clearings were also the highest since
the boom days of 1929, when they
reached 1892 O99, 1859, which was
the all-time peak.
While August is usually a slow
business month, the clearingS fig
ures indicate that the month just
ended went contrary to tradition
and that business forged ahead.
Bank clearings were we'll ahead of
August, 1887, a time when business
was swinging upward.
Clearings by months in 1910 COM
pare as follows with the like months
in 1889:
Evening star., 1940-09-01
New York Produce

NEW YORK. Aug, 81 R.-Dressed poul-
Try tEy @ irrssuiar. Fresh and frozen prices un-
1--we poultry. By freight. frm: fowls. col.
ored, 20; pullets, Rocks, %. By express.
nominal: no aAleA
Evening star., 1940-09-01
Wheat Futures Firm
In Face Of September
Liquidation
Deliveries of Large
Quantities Slated
For Tuesday
BY the Associated Press.


CHICAGO, Aug. 31.-Wheat fu-
lures put on a determined squirt in
the final dealings today and closing
prices were firm in the face of con-
tinued September liquidation and
actual notice of delivery for liberal
quantities next Tuesday.
Final quotations for wheat were
IS cents lower to p higher than
Fridays close, the former on the
May delivery. The close was Sep
tember 73ls-l4, December 75%-%.
Trading was dull during most of
the session, prices yielding as much
as q cents at times.
Cash and milling interests were
reported outstandingly aggressive in
buying nearby deliveries on the dips
and selling the deferred. They also
were credited with outright pur-
chases of September, indicating
traders said, the scarcity of free
wheat offerings and the high pre-
miumS prevailing on grain in store.
The Commodity Credit Corp. re-
ported 100000 bushels of wheat
had been placed under loan through
August 27, as compared with about
80 500 900 as of August %. About
500, 900 bushels of Manitoba wheat
were reported sold to Portugal.
Markets to Be Close.
All financial and commodity mar
kets will be closed September 2.
Labor Day, and most traders were
reluctant to extend their commit
ments over the two-day holiday.
Receipts at Northwest terminals
were $40 cars, compared with 1852
last Saturday. Primary receipts
were 2,426000 bushels, compared
with 2,02l 900 year ago. Shipments
were 100000, against 1,244 900 BUSH
els year ago. Intentions to denver
September wheat with retenders to-
tailed 100000 bushels.
Prices at the end of the month
finished about unchanged from Au-
gust /, which traders said indicated
the inherent strength of the mar
ket on the basis of the shocks the
trade has had to withstand from the
European war developments, cou-
pied with light participation in the
market by the public. Quotations
for the May delivery actually have
advanced 7 cents from midmonth
lows
The E. H. Miller private crop re-
port released today placed spring
wheat production at 1856, 900 900
bushels, against the Governments
August l forecast of 2O5 900 900 and
Miller's last-month figure of 133,-
100000. Other private estimates
were expected to be released
Wednesday.
Corn Undertone Steady.
Corn showed a fairly steady un-
dertone, with prices holding within
narrow range to close "a cent off
to u up, the latter on the MAY
contract. Final figures were Sep
tember 6112-5s, December Sta.
The Miller report estimated the
corn crop at 1929 100000 bushels,
compared with 2,248, 100000 a month
earlier. The report said there had
been heavy deterioration in Ohio.
Indiana and Illinois, but improve
ment in Iowa.
The oats market ruled about
steady in quiet dealings, final prices
being 1s off to 1s up. Rye prices
during most of the session were un-
der the previous close in sympathy
with wheat. The close A-3s cents
lower. Soy beans were inactive.
Lard was steady and met some
support from packing house buyers.
western live hog receipts were
heavier, 10,600 today, compared with
$500 year ago.
Grain range at principal markets:
SEPTEMBER WHEAT
Evening star., 1940-09-01
Mckee With Bank 81 Years

Mckee With Bank 81 Years.
H. H. Mckee, president of the
National Capital Bank, has just
completed 81 years service with that
Institution. receiving many congrat-
Evening star., 1940-09-01

Spot cotton closed quiet and unchanged.
Sales, 1N1. Low middling. SOS: middling,
e65; good middlng. 1910.
Evening star., 1940-09-01

Chicago Cash Market
Cash wheat. no sales.
Corn. No. l yellow, 6434-6534; No A.
b4h. Oats, No. i white 80: No. 3, 3OX:
No. 4, %; No. ! white heavy, 32l2: No. 3
White thin. 30; No. l red heavy. 81 l2 No.
! mixed heavy, 81. Barley, mailing. 40
so: feed, 35-46; No. / mailing. $3.50;
No. 2 tough, 50-5S: No. 3 tough, AGA
Field seeds, no sales.
Winnipes Cash Market.
WINNIPEG, Aug. 81 R).--Casf wheat,
No. l Northern, 72A. No. 2. 70h: No. 3,
66b; oats, No. 2 white, 28h; No. 3, 26h.
Evening star., 1940-09-01

New Orleans Prices.
NEW ORLEANS. Aug. 81 LP.-Cotton
futures advanced here today with trade
buying and week end short covering. Clos
ing prices were ] point net higher.
Evening star., 1940-09-01
Federal Land Banks

NEW YORK. Aug. 81 0P.-FederaI Land
a rrk hnn
Evening star., 1940-09-01

GENERAL BUSINESS ACTIVITY 70, the country
Indicated BY ssnk Debts eutids N. y. CITY.
Shaded areas show week Of setyity sbovs The cone.
Henderson daily dispatch., 1940-03-12
February's
Fires $788

Fire loss in February amounted to
S7G8 in Henderson, Fire Chief Coop
er C. Ellis announced today. He said
there were eleven calls 10 tireren, OF
which nine were actual fires. Two
we're false alarms. Property and con-
tents endangered in the fires was
valued at S23.450.
In January this year there were
g calls, including six in which there
We're fires, but not Of sufficient
amount to be recorded, and The
month showed no fire loss. In Feb
ruary last year there were eight
alarms. all fires, and 4 damage OF
500 for the month.
For two months this year there
have been "a calls to firemen and Is
tires, all the damage being in Feb
ruary. Last year there were 19 calls
end Is fires, and a damage Of SllO.
Henderson daily dispatch., 1940-03-12

Granted Liccnse-Sidney Thomas
Allen and Ruby Lee Howard, both
of Henderson, secured license 10
wed at the Vance Registry office
Monday.
Henderson daily dispatch., 1940-03-12
AROUND TOWN

Pays Traffic Finc-Joe Christmas
paid 81 fine into the office of the
city clerk as traffic fine, records
at that office revealed today
Henderson daily dispatch., 1940-03-12
JAMES |. STEWART
PASSES AT AGE 70
Well Known Citizen Was
Native of Canada; Fun
eral Wednesday

James Noble Stewart, ~. Il nA'lI'
Of Ontario. Canada. died at O'Clock
Monday nl,ht at the home at ms
brother. Il. j. Stewart. near NlrK'-
h0ru. Just over the line Ill warren
county. He had suffered for rlEn>
months with Il cancer and had been
in Duke hospital six weeks, having
been brought home short while be-
fore his death.
Mr.. Stewart. who had resided IN
this section for the past 81 years, was
born December IS. 1862.
Surviving are Il daughter, Mrs
Grace Weirman. Of Kirkland. Wash.
and 4 son. Clarence Stewart. Of Seat
tie: two brothers. Il. J. Stewart, OF
ViCkSboro. in Warren county, and
Hamilton Stewart. of Route 2, Hen
derSon.
Mr.. Stewart had been member
of the Episcopal church 81 years, and
held his membership in Holy In
noeents Episcopal church in Hender-
son. He was also for many years an
active member of the Odd'FelloWs.
For several years he had engaged in
the harness business before his health
failed.
Funeral service will be held from
Holy lnnocentS church here tomor-
row morning at II o'clock, with in
terment following in ElmWood cenle-
terry here. Rev. l. w. Hughes, rector
OF the church, will officiate.
Active pallbearerS for the funeral
were announced as follows: Julian
Aston Robert Switzerland, William
Stewart, c. S. Finch, Scion Souther-
and, Albert Stewart.
Until the hour of the funeral, the
body will be kept at the Hardce
Funeral Home.
Henderson daily dispatch., 1940-03-12

Cotton price adjustment checks in
fine nrprrgatc amount Of $335,20 were
received today at the office Of j.
w Sanders, Vance county farm
nrcnt bringing to $25,670.26 the total
amount received SO far in price ad-
iIstmcnt payments in this county on
the 1899 cotton crop.
Mr., Sanders said that the checks
received this morning practically
completed payments to be made by
tbc federal government TO Vance
farmers on this account. A few
checks. he said, may have been de-
laved and will be received later.
Henderson daily dispatch., 1940-03-12
CAN YOU ANSWER
THESE QUESTIONS?
See Page -Four

/. What is the name for the bars
on the arms Of Army uniforms that
indicate rank?
2. Who wrote United we stand,
divided we fall?"
3. Mh,cn is the largest of the
Hawaiian Islands?
4. Has Negro ever graduated
from the U. S. Naval Academy?
5. What we'll known university is
located at Durham, North Carolina:
g. What is the name of the north
or pole star?
T. What is the couplet about what
Bride should wear at her wedding
to bring good luck?
s. Does shaving increase the
growth Of hair?
9. Are bats classed as mammals
10. What famous private banking
house recently announced that II Will
become an Incorporated bank?