davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat., 1940-04-19
Rowley Phillips Had Not Testified Up To Noontime
One of Five Men Accused in McKessOn Case Prose cutor Says He Will Be Called to Stand
 Some Time This Afternoon
(By Democrat Staff Correspondent

New York, April 19. = Especial to the DemocraD = Rowey Phillips prominent Waterbury broker one of five men accused by the Federal Government of conspr acv to defraud the McKesson and Robbins scandal involving the late Philip Musica-F Donald Coster, had not been called to the witness stand in federal district co1rt here at rooon tndav
The Waterbury Democrat., 1940-04-19
THE WORLD WAR 25 YEARS AGO,
 APRIL 19, 1915
(By United Press)

British offensive at Ypres push ed forward.
 French forces still pounded St. Mihiel salient in Battle of the WOevre.
The Waterbury Democrat., 1940-04-19

Choose diamond at PierpOnt's, 159 Bank St., and know that your choice is stone of fine quality.-Adv.
The Waterbury Democrat., 1940-04-19

Double advantage. Preparation and placement. Nationally known train
 ing. lost Junior College.-Adv,
The Waterbury Democrat., 1940-04-19

Red Cross Shoes add smartness to spring outfits. Only $6.5e pair. l Solo O., 106 Grand Street.-Ady'
The Waterbury Democrat., 1940-04-19

Our new store will open next week at 85 East Main St. Watch for open
 ing announcement. Schneiders. Adv.
The Waterbury Democrat., 1940-04-19
The Weather

Rain Late Tonight; Saturday Showers
The Waterbury Democrat., 1940-04-19

Fun Weather Report Page Il.
The Waterbury Democrat., 1940-04-19

Continued on Page @
The Waterbury Democrat., 1940-04-19
ROBBERS FOOLED

Continued on Page 9
The Waterbury Democrat., 1940-04-19

Continued on Page 6)
The Waterbury Democrat., 1940-04-19

(Continued on Page 6)
Evening star., 1940-04-08
Larger Oil Supply
Al End Of February
Is Disclosed
TotoI Behind Year AGO;
Gasoline Stocks Up
Sharply, However
BY the Associated Press.

BY the Associated Press.
The Bureau of Mines said today
the total supply of all oils at the
end of February was 533,046, 900, or
a 144-day supply, as compared with
$40, 100000 in January and 564,-
$4,000 in February, 1899.
Motor fuel stocks, including avia-
ton gasoline. amounted to 90, 2,721 900
barrels of finished gasoline, COM
pared with 1851 900 in February a
year ago.
Stocks of aviation gasoline were
3,182,000 barrels, compared to $685.
900 barrels in January. Exports of
aviation gasoline totaled 125, 900 bar
rels, compared with 155 900 barrels
in January and 10000 barrels in
February a year ago.
Domestic demand for motor fuel
in February was 37,557 900 barrels,
compared with 40,37O,0O0 barrels In
January and "a ,595 900 in February
of 1899.
Daily average crude oil production
surpassed all previous records with a
total of 3,747,200 or about 100000
above the January average. Most
OF the States increased their outputs
in February, but California re-
manned just above 100000 barrels.
Illinois set a new record with 404 900
barrels. while Louisiana increased
her daily average from 271 500 bar
rels in January to 281 1000 barrels in
February. Kansas and Oklahoma
each increased its output. Kansas
production amounted to 5,1O8, 900
barrels, while Oklahoma's produc-
ton was 1854, 900 barrels. Texas
produced 40,39l 900 barrels.
Daily average crude runs to stills
increased from 3,436 900 barrels daily
Is January to $500, 900 barrels in
February, but gain in output and
decline in export demand increased
crude oil in storage by nearly S.
100000 barrels in February, COM
pared to 100000 barrels in Janu-
airy. Exports of motor fuel were L.
903 900 barrels, just a million barrels
below that Of a year ago. Gasoline
stocks increased nearly 5000, ,OOO0
barrels to 2,721 900 barrels on Feb
ruary % with unfinished stock rising
nearly half a million to 6,574, ,00C
barrels.
Evening star., 1940-04-08
Foreign Exchange

NEW YORK. April QP.-The British
pound cropped "a cents today as stormy
words few abroad over the allied nation S
latest blockade move against Germany
Currencies OF the neutral countries
however which stood in line to be affected
by Britain's efforts to curtail sea trafdc to
Germany. held their ground. The Swiss
franc and guilder were unchanged, but the
belga rose nearly one-twentieth of cent.
The Canadian dollar was unaffected by
the Ehopean news, holding at a price
Of S414 U. S. cents. The French franc
followed sterling lower.
Late rates follow tGreat Britain in dol
lars, others in cents):
Board rates for u. S. dollars. Buying 10
per cent premium. selling IL per cent
premium. equivalent to discounts on Ca
madam dollars in New York of buying
9.91 per cent. selling 900 per cent.
Canadian dollar in New York open
market, 1874 per cent discount or S425
Europe@Great Britain demand, a56A;
cables. 3.57; 6O-day bills. 3.55E4: 90-day
bills, 3:54A "a. Belgium 17.Os: Denmark,
1898; Finland, 100: France. 2.02I2; Ger
many, 1920 benevolent. 1890: travel
unquoted; Greece 81, Hungary. ,l7.65n;
22.71; Portugal 3.55n; Rumania. .55n:
Sweden. 1888; Switzerland, 22.43; Yugo-
Latin America-Argentina: ofhcial
free SO: Mexico, 1875
Far East-Japan;, 23.4s; Honk Kong,
Rates in spot cables unless otherwise in
dicated. Nominal
Evening star., 1940-04-08
Durability Of Auto
Tires Increased by
Rayon Cords
Du Pont Expert Tells
Chemists of Tests
In Hot Weather
By the Associated Press.

By the Associated Press.
CINCINNATI, April 8.-Automo-
bile tires with cords made of rayon
were described to the American
Chemical Society today as 5000 per
cent more durable in hot weather
driving than standard tires of cot
ton cord.
The rayon is made from the same
raw cotton which has been used in
tires, so that the improvement does
not promise any economic dislo-
cation in use of cotton. William H.
Bradshaw, director of rayon re-
search for the Dupont company, said
results in road tests are "astound-
ing" On an overloaded, high-speed
run in hot country, rayon tires
gave $4,000 miles of service under
conditions that wore out ordinary
tires in 5000 miles. Rayon tires
held up for $4,000 miles in a LOG
degree temperature which wore out
standard tires in 900 miles.
Mr.. Bradshaw explained that COT
ton as it gets hot losses some of its
moisture and this drying reduces
strength, while rayon gets stronger
with increasing dryness. While an
ordinary cotton tire cord contains
about $4,000 separate fllmaments
the rayon fiber is one continuous
thread. This thread is made by
reducing the cotton, which is 95 per
cert pure cellulose, to a cellulose
jelly and squirting the jelly through
a pin-point hole in an endless
string.
Evening star., 1940-04-08
General Motors Sets
New Sales Record
For First Quarter
Domestic and Foreign
Volume Climbs to
549,182 Units
BY the Associated Press.

BY the Associated Press.
NEW YORK, April 8.-General
Motors Corp. today reported first-
quarter 1910 sales the greatest for
any similar period in its history.
Total sales to dealers in the United
States and Canada plus overseas
shipments were 549, 1882, compared
with 49, ,057 in the first quarter of
1899.
Sales to United States consumers
in the first three months of 1910
totaled 419,308 units, compared with
3l4,178 in the comparable 1889 Pc
Rod
Sales to dealers in the United
States amounted to SOC ,449, against
375, ,597 year ago.
Total sales to dealers in the United
States and Canada plus overseas
shipments amounted to 1913, ,522 in
March. This compared with 174,572
in FebrauIy and 161,057 in March,
1899.
Sales to consumers in the United
States in March totaled 174,625
units. compared with 1884 in
February and 142,062 in March, last
year
Sales to United States dealers last
month stood at 181 ,066, against 160,.
458 in February and 142,743 a year
ago.
Evening star., 1940-04-08
Earnings Of Meat
Packers Expected
To Gain Sharply
Lower Prices Stimulate
Consumer Demand ,
Boost Profits
Special Dispatch to The Star

Special Dispatch to The Star.
BOSTON, April 8.-Earnings Of
most meat packers during the cur
rent fiscal year, which began No
vember l, are expected to show con-
siderable improvement over results
in the 1938-39 period, says the
United Business Service in its cur
rent weekly report.
Meat prices, particularly pork, are
relatively low, due to the increase
In supplies. Profltwise, however, this
Is more than offset by larger sales
volumes and more rapid inventory
turnover resulting from greater
consumer demand, due to both i'm
proved family income and reduced
retail meat prices.
The 1899 spring pig crop was 20
per cent larger than a year earlier
and the fall crop showed 16 per
cent gain over 1888 results. This
expansion resulted in total produc-
ton making new all-time high
last year and forced prices down to
the lowest level in five years. Con-
sequently packers were able to build
up inventories last winter at a very
profitable price.
AT the same time expanding con-
sumner purchasing power assures
continued heavy demand for meats
and this, together with probable
heavier exports later in the year,
will enhance packers income and
inventory profit possibilities.
Evening star., 1940-04-08
Chicuqo Livestock

CHICAGO, April s l49 Omitted States
Department Of Agriculture) .-Saiable hogs,
II 900: total. $4,000; active 1920 higher
than Fridays average; good to choice 1s0-
270 pounds. 5.00-25 top. 5.35; 270-360
pounds, a. 1875 .05: few good to choice 150-
no pounds 4.75-5.l5;o good 100000
pound packing sows. 4.00-45.
Salable cattle 100000 salable calves.
LOCO; general market much more active
in sharp contrast with last weeks low
strong to 25 higher; all cattle sold higher
than last Thursday and Friday, with little
here: but all interests active today at
measurable upturn compared last Thurs;
day and Friday: supply reductions around
market main stimulating factor: cows, To-
25 up bulls, 25 higher; vealers strong;
very few stockers here: also very few COM
mon killers: bulk steers crop. S.5O-10 so:
early top fed steers, .25. but several
loads. held around 1900. with nothing
strictly choice here; Colorado fed heifers
UP to 1O.40; weighty cutter cows to 5.75:
heavy sausage bulls to 6.S5: vealers, $50
down
Saiable sheep, 10000: total 1880;
market on fed wooled Western lambs not
yet established: undertone weak.
Evening star., 1940-04-08
Jump Seen in Exports
To South America
BY the Associated Press.

BY the Associated Press.
A 48 per cent rise In United States
exports to Latin America during the
first six months of Europe's war to-
day was shown In Commerce De-
partment statistics.
While increasing nearly so per
cent over the comparable 1938-s9
period. trade from September /,
1889, through February, 1910, also
jumped 18 per cent over the same
period two years ago. The total for
193s-4O was $392, 900 900, of which
$2l5, 900 900 came from South Amer
lea and the rest from Southern
North America. The total for 1888
80 was $265 900 900.
Exports to each leading country
were substantially larger than in the
1938-39 period and in most instances
larger than for 1878.
While exports to Mexico and Ar
gentina increased 55.7 and 54 per
cent, respectively, as compared to the
six months ended in February, 1899,
they decreased 46 and 25 per cent,
as compared to the 1878 months.
Evening star., 1940-04-08
Refunding Planned
ByU. 5. Steel and
Texas Corp.
Two Big Firms Decide
To Toke Advantage
Of Lower Interest
BY the Associated Press.

By the Associated Press.
NEW YORK, April ,8.-Two Of
the Nations biggest industrial con-
cerns-the United States Steel Corp.
and the Texas Corp.-made plans
today to tap oyerflowing pools OF
idle money and shave interest costs
on outstanding debts. lev
The decision of these two 'front.'
rank companies to undertake re-
funding operations was greeted in
some bond circles as . forerunner
Of other extensive new financing
projects In what may become the
heaviest run of public offerings
since 1896 and early 1897.
A record supply Of idle money,
increased in recent months by big
gold shipments and capital transfers
from Europe and Canada, have put
high-grade investments at premiums.
bond men said. A rise in bond
prices lately also was cited as an
influence in the wider reopening of
the capital market.
Directors of Texas Corp, Nation
wide oil marketing organization,
with extensive producing properties,
voted to repay $60,000,00 in 31a per
cent debentures, due 1851, and to
issue a like amount of new deben-
lures maturing in not less than 20
years
United States Steel, it was dis
closed, studied details of proposed
issue to raise funds for repayment
of its 3A per cent debentures.
Out of an original issue of $780,
100000 sold in 1888 to provide money
for paying of bank loans and carry
ing on a plant modernization pro-
gram, there were outstanding at the
close of 1889 sos, ,14O, 500.
A spokesman for the corporation
said the new financing probably
would be a public offering to take
advantage of the opportunity in the
security markets to obtain money
at a lower interest cost than the
3A per cent coupon.
The bonds, maturing in 1948, are
redeemable on any interest date on
80 days notice or any other date
on go days notice at 103 through
June /, l94l. The bonds were
quoted as high as 1865 on the stock
exchange this year.
Evening star., 1940-04-08
Dry Goods Market

NEW YORK. April tP.-Gray goods
moved at steady prices today, although
volume was light
Business in rayon centered chiel.y on
lining twills and sheer fabrics. with some
qualities of the latter selling at premiums
for spot and nearby delivery Crepes and
sharkskins met a fair demand while
pigment taffetas were less active.
Retail merchandising promotions have
resulted In improved sales of silk hosiery.
but aside from small sales of sheers, the
Demand for wooden goods was small.
Some business was booked on mems sum-
mer wear. and there was inquiry for auto
mobile upholstery fabrics.
Evening star., 1940-04-08
Heavy Retail Sales
Brighten Outlook
For Auto Firms
Wards Reports April
Production Moy Be
Boosted as Result
BY the Associated Press,

BY the Associated Press.
DETROIT, April s.-An unex-
pectedly heavy retail demand for
new motor cars is noted by Wards
Automotive Reports in its current
issue as creating a livery optimistic
picture" in the automobile indus
try at this time.
Production eased off slightly last
week with an assembly total of
101,655 units, compared with 103,-
370 in the previous week, but the
trade publication says that in view
of the remarkable rallying power"
shown in retail sales late in March,
output schedules for, April may be
increased somewhat.
The producers tentatively had
drawn assembly schedules for 450,-
600 units this month.
From January l to date assem-
blies approximate 1,410,70O cars and
trucks.
Truck Sales Lag.
Wards mentions a single "un-
favorable" factor at this time in
some tapering in domestic truck
sales" 1t cites a strong replace
ment parts demand, always profit
able business for firms catering to
it, and comments upon the posi-
bility of further war orders.
Survey of the truck market" 1t
says. brings out the conclusion that
demand is continuing fairly steady
as spring arrives. There are signs
of fair upturn during April, but no
big bulge is expected.
Military buying and planning
dominate factory developments. Big
orders, domestically and from
abroad, have come into White, G.
M. e. and Dodge. There are signs
of similar situations pending at
Mack and at International Har-
vester.
Rush Is Expected.
Some quarters believe that with
the development of a big push
abroad these companies will be
loaded for SO many months ahead
that important purchasing will
trickle down into the smaller COM
panies as yet not singled out by the
allied purchasers
Adding to the optimism of the
detailing division at the moment is
the rapid turnover of used cars ac-
cepted in trade by the dealers.
Chevrolet distributors last month
sold l62,663 used cars; Ford dealers
sold 151,1l5. Buick reported 13,168
such vehicles moved during the first
three months of 1910, and Pontiac
announced 184,458 were sold during
the first six months of the current
model season.
Evening star., 1940-04-08
Foreign Markets

LONDON. April = L4s.-The stock market
wayered late today following early Arm
ness as traders studied the new situation
created by British decision to mine Nor
wesian territorial waters. British govern
ment bonds edged lower and domestic rails
lost morning gains Kafiirs displayed some
resistance. Industrial leaders moved down
fractionally. Trinidad issues made good
showing in depressed oil group
PARlS.-Rentes maintained their ball
ance in a generally heavy Bourse today
Activity was tempered as the market await
ed outcome of Senate debate which will
affect the life OF the Reynaud cabinet.
Reres closed Is centimes UP to 55 lower.
ground pretty well today in the face OF
disquieting war news. Domestic stocks
turned frm after an irregular opening
although pressure renewed near the close
Most American issues closed slightly higher.
Evening star., 1940-04-08
Boston Wool Market

BOSTON April G' (U s. Department
of Agriculture, e,.-1nauiries for domestic
houses, but actual trading was very quiet
today The few bids received on country
packed. new bright fleeces in mixed lots
containing three-eights and one-ouarter
blood grades. were around 32-33 cents, in
the grease delivered. Asking prices on
offerings however, were fairly Arm. at
around "a cents a pound. delivered.
Evening star., 1940-04-08
White Motor Co.
Gets $1,250,000
French Order
ay the Associated Press.

BY the Associated Press.
NEW YORK, April 8.-The White
Motor Co. of Cleveland announced
today a $1,250,00 French govern
ment order for delivery of 145 six
wheel trucks by June /.
Each truck, weighing more than
rs tons, will be equipped with $1,000
liter tanks for gasoline transport
service in France, the company said.
The order followed delivery last
month of 1900 smaller transport
trucks, costing $4,000, 900.
Evening star., 1940-04-08

I4.b6 1911
Quotations furnished by National Asso-
cia tion of Securities Dealers, Inc. which
states they do not necessarily reflect actual
transactions or firm bids or offers, but
should indicate approximate prices. and
unless otherwise indicated, are as quoted
by the SPONSORS or issuers.
mot quoted by SPONSORS or issuers.
Evening star., 1940-04-08
Odd-Lot Dealings
BY the Associated Press.

by IHt ASSUCIdleU FItSS.
The Securities Commission reported to-
day these transactions by customers with
odd-lot dealers or specialists on the New
York Stock Exchange for April 6: 3.I67
purchases involving S6,44S shares; 1889
sales involving s9.544 shares, including SO
short sales involving 946 shares.
Evening star., 1940-04-08

a Also extra or extras.
Quotations furnished by National Asso-
citation of Securities Dealers. Inc. which
states they do not necessarily reflect actual
transactions or firm bids or offers but
should indicate approximate prices.
Evening star., 1940-04-08
FREIGHT Loudinos

NEW YORK April LP-Revenue
freight. car, loadinss on railroads reporting
today for the week ended April included
Prev Year
April g. week ago.
Bait, g. Ohio 42,134 4245s 34.149
Rock Island - 22.529 22,s91 21.59O
Evening star., 1940-04-08

tPlus extras, 35c paid in 1889, e2S
extra. 6 S140o extra paid December IS.
1889. k zoe extra. m 81 so extra Soc
1899 t SOC paid December 90 1899.
vS1.00 extra paid January. 1910. yS5.OO
extra.
Evening star., 1940-04-08
Investing Companies

NEW YORK, April P-National
Association Securities Dealers, Inc):
tNoon ouotations.)
Evening star., 1940-04-08
U. S. Treasury Notes

NEW YORK, April lPl-Prices quoted
IN dollars and thirty-seconds.
Evening star., 1940-04-08

London Tin Prices
LONDON, April lR.-Tin firmer: spot.
$3.50 5s bid. $3.50 los asked; future, f247
los bid. f24s asked.
Evening star., 1940-04-08
Washington Exchange
SALES-AFTER CALL

Capital Traction 1st 5s-$l0,000 at
10l1a, $500 at 1011a.
Evening star., 1940-04-08
Insurance Stocks

NEW YORK. April P-National
Association Securities Dealers. Inc
Evening star., 1940-04-08
Presto! Home Delirery of The Star
begins Instantly .. and saUes money!

Neutrality-suspicious. can enjoy
the convenience Of Home
Delivery Service-and save
money, simply by making .
telephone cali. Can Ma
tional 5000. give your name
and address and the service
you desire. Consult the rates
and services to the right.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1940-05-06
Another Hemisphere Link

Within q month another link in the
chain binding the Western Hemisphere
into an economic unit Is expected to be
forged The creation of the Inter-
American Bank by five countries, Brazil,
Colombia, Mexico, Nicaragua, and the
United States, is likely to be accom-
plished soon. This is highly important
step. It may result in an almost revolu-
tionAry change In financial and economic
relations between the countries Of the
Americas.
This undertaking Is completely differ
ent from the present Import Export Bank.
This Is not an undertaking of the United
States, but joint undertaking OF the
five countries, and perhaps later Of
Others who may join. It will be more
like the Bank for international Settle
ments II will be controlled by board
consisting OF one member from each par
ticipating country. Capital will be sub
scribed by each in proportion to the
dollar value OF the foreign trade Of each
In 1888.
The object Is broad - to promote trade
between the Americas, to foster good will,
to help stabilize currencies, to aid indus
trial development and monetary equi-
librium. Certain immediate results
should follow Q) 1t would be the first
step on the part OF the United States to
redistribute It's gold and silver among
countries with which 1t seeks to stimulate
trade and friendly relations. (2) 1t would
tend to supplant private capital ventures
in foreign fields by Joint ventures Of all
American countries, thus minimizing
clashes which have always been source
Of diplomatic friction Gas In the oil cases
in Mexico at present.. 81 It would tend
to make the Americas still more closely
lnterdependent, and thus less dependent
on Europe. And all American countries
know now that European trade and
financial invasions are arms Of the new
Imperialism.
If the American countries can together
supply their own capital needs for ex-
pansion and industrial and economic
progress, so much smaller Is the chance
OF European penetration. If 1t be argued
that the United States faces chance of
once more holding the bag as the "rich
uncle" let 1t be remembered that leader
ship In economic affairs is thrust into
the hands Of "rich nations" whether
they like 1t or not. It Is only question
of whether they are willing to strike out
boldly and exercise that leadership, or sit
idly by while 1t crumbles away from them
to fall into the hands OF those who will
grasp 1t by pressure and violence, for
political ends.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1940-05-06

monthly check OF $1,000 to $500,
he gave no parties and saved his
money, Since the crisis he has cut
expenses and drawn Oh the saw
ings Of the past,
Tic reduced the size Of the lie
CATION staff In Washington, also
the c0nsulRtes In other cities. lie
cut salaries 20 q common level.
Everybody In the Legation ana
c0Tfdulates gets 500 q month,
plus $25 for each child, up 70 q
maximum Of Seo0 o month. Hur.
ban himself gets only Sl0o q
fnOnth--thc Same az The clerk
In the New York consulate.
He can keep himself going Oh
this pittance because OF past saw
Ing, He pays no rent because the
building belongs 70 the C1ech
Government, and ho pays no tax
cs because as diplomat he Is eX-
cmpt.
Oficial expenses are met large
ly through contributions from
Czechs In this country, also from
increased consular fees. And costs
have been cut by closing the
chancery--a group Of Offices an
neXed to the Legation--and set
ting up Offices In the Legation
proper. No lights burn ulineces-
sarily anywhere In the building.
Hurban might have had a large
nest.egg II the United States had
blocked transfer Of Czech funds
following the invasion, as we did
In the case of Denmark and Nor.
way. But the Germans put
through an order at the Ma tional
Bank In Prague, which .rans-
ferred between Ave and six mil
lion dollars from U. 8. to German
hands.
NOTE-In addition 10 The Le-
CATION here, the Czechs stu have
diplomatic representation In Lon
don, Paris, and Cairo. They had
legation In Moscow until the
Russo German pact was signed
last August.
copyright. 1910, by United
Feature Syndicate, Inc,)