davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-08-26
Steel Rate 10 Rise
To 91.3 Per Cent
In Current Week
Many Mills Reported
Working in Excess of
Theoretical Capacity
BY the Associated Press.

BY the Associated Press.
NEW YORK, Aug. 26.-The Ma
tons steel mills will boost pro.
duction TO 9l.3 per cent of capacity
this week, highest since early last
December and a gain Of 1.6 points
from the preceding week, the Amer
lean Iron and Steel Institute esti-
mated today.
A month ago output was at 904
per cent and year ago, So per
cent.
Steel men reported many mills
are working in excess of theoretical
capacity to keep up with orders al
ready on hand, or expected, from
domestic and foreign consumers.
Repair of some equipment has kept
down production in many other
cases.
CLEVELAND, Aug. rs (P).-The
general feeling" is that no impor-
tant change will be made in steel
prices for the fourth quarter, the
magazine Steel reported today.
Announcement for the final
period may be made within a short
time" the trade publication said in
its weekly review. Consumers show
no concern and are not seeking pro-
lection on future deliveries, one
factor in the quiet situation in
which buying is largely for specific
needs instead of inventory. How
ever, some effort is being made in a
small way to accumulate moderate
stocks against possible delay in de-
hveries in the next few months.
Despite the high rate of output,
deliveries on some products con-
tinue to extend further, especially
on steel requiring special treatment.
Little progress is being made in re-
dlcing backlogs. Somewhat larger
production is expected when vaca-
ton interruptions are at an end,
which will care for part of imminent
increased buying in early fall. The
margin Of possible increase is small,
but every effort is being made to put
equipment in condition to carry as
much of the load as possible"
Production last week rose u point
to 905 per cent, the rate of the pre-
ceding week, Steel calculated.
youngstown (Ohio) producers took
off open hearths for repairs, caus-
ing loss of points to SO per cent.
Pittsburgh regained points to SO
per cent as plant idle for vaca-
ton resumed work. Detroit gained
3 points to 90 per cent, New Eng
land points to 65, Buffalo points
to 9O12, Chicago p point to SO and
Cleveland y point to 86la. Rates
were unchanged at Wheeling, SO per
cent; Eastern Pennsylvania, SO; Gin
cinnati, 70; Birmingham, SO, and
ST. Louis, IT'S.
While steel-making grades were
little changed last week a stiffening
in the East caused the magazines
scrap composite to advance cents
to S18.87. The same influence raised
the iron and steel composite l cent
to S37.74.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-08-26
BY the Associated Press.

BY the Associated Press.
NEW YORK, Aug. 26-British
Empire issues extended last week S
sharp upturn in quiet and mixed
bond market today.
Near the final hour various obliga-
lions of Canada, and New South
Wales were ahead fractions to
around points.
Traders in corporate loans were
hesitant about following the buying
side in view of the recent general
advance, but the list showed some
firm spots.
Domstic loans up fractions to
around q point included Santa Fe
4s, Columbia Gas & Electric IS,
Great Northern Is, Nickel Plate 5l2s,
Pennsylvania general AIS and
Third Avenue Railway IS.
Lower by same margin were War
rem Bros. IS, Southern Railway As,
youngstown Sheet & Tube As, Ger
tain-Ueed 51as, American & Foreign
poWer IS and Delaware & Hudson
refunding As.
Activity in United States Govern
ment list was limited, but the un-
dertone was steady. Some OF the
longer term Treasury issues climbed
nearly z point.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-08-26
Mice Peril Wheat
Crop in Australia

Mice have caused great damage
in the wheat belt west and north
of Wyalong, Australia. ]. G.. Bal
lantyne, divisional agricultural in
structor, reports that late sown
crops, especially those planted dry,
have been ravaged and that in some
cases resolving may be necessary.
Serious damage in unprotected
hay stacks is apparent. Many
stacks are collapsing and will be a
total loss. While many mice are
dying, there is sufficient cover to
carry large numbers through the
winter to become a real menace next
summer.
The rodents are blamed in the
Deniliquin district for the spread
Of arthritis In lambs,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-08-26
japanese Quit Forms
For Munitions Work

Owners of farm lands in Japan
will be forced to reduce rents as a
result of the drift of tenants into
the munitions plants, it is reported
in Toxic.
This will aid the government drive
for lower rents which so far has
met with poor success. Only few
landlords were willing to cooper
ate, but now owners are faced with
an exodus of tenants. Bothered by
the acute shortage of help, fertiliz-
ers and other agricultural needs,
tenants are turning their farms
back to the landlords and moving
into neighboring cities to work in
munitions and other factories.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-08-26
Pennsylvania to Spend
$500, 900 at Buffalo
BY the Associated Press.

By the ASscclated Press.
BUFFALO, N. Y, Aug 26.-The
Pennsylvania Railroad, Buffalo di-
vision, announced a 100000 i'm
provement program today and re-
ported August freight business here
5 per cent above July and IS to
40 per cent above August, 1899.
The Pennsylvania improvements
include an electrically controlled
switch and signal system, additional
trackage in its southbound freight
dispatching yard and enginehouse
improvements at Ebenezer with a
new coal wharf at Emporium, Pa.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-08-26
Milwaukee DiscIoses
Sharp Gain in Net

CHICAGO, Aug. 26.-The Chicago,
Milwaukee, st. Paul g. Pacific Rail-
road Co. today reported net operat-
ing income for July of s4S2, 791 as
compared with s104,567 for July a
year ago.
Net operating income for the seven
months ended July 81 was So sos .266
as compared with $213,387 for the
corresponding 1899 period.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-08-26
Boston Wool Market

BOSTON. Aug. % P.-(United States
Department Of Agricultural There was a
fair demand for fine territory and Texas
woods in Boston today at firm to slightly
combing length, fine territory wools in
ORIGINAL bags sold at 1885 cents. secured
basis. Original bag woods of good French
of staple length sold at s5-s7 cents, secured
basis There was very little interest in
the medium grades of territory wool. Good
inal bags. brought 1887 cents, secured
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-08-26
Crude Oil Prices

pr TuLsA Asg rs Ares. ine e5uds 81
observation-disclosures, gravity scale. 80 to
Ito; North. North Central and West
East Texas, Ito; West Texas, gravity
scale 80 to 95: North Louisiana-Arkansas
gravity scale, 10 to LOS; Rocky Mountain
to Ito.
Eastern area, Pennsylvania grade Brad
ford -Alleghany), 200; same grade in
Southwest Pennsylvania lines, 1875; same
grade in Eureka lines, 1.59; Corning, liz.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-08-26
Britain Buys Produce
From New Zealand
Nv the Associated Press,

BY ire ASSOIIdltU fIIoos
WELLINGTON, New Zealand, Aug.
26.-Great Britain was disclosed Of
ficially today to have arranged TO
take almost all of New Zealands
dairy produce for the duration of
the war, including 10000 tons OF
butter and 100000 tons of cheese
this season.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-08-26

Quotations furnished by National As
states they do not necessarily reflect actual
transactions or hrm 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. [volume] (Washington, D.C.) 1854-1972, 1940-08-26
Commodity Prices

NEW YORK, Aug 26.-The Associated
Press weighted wholesale price index of SIS
commodities today advanced to 60 "a
Previous day, 1888; week ago. SO 90;
1910. 1899. 1888 1933-37.
Eth Eth ss s,ss s s5.2 4 sa.ss s ssl4
1895 average equals 1909
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-08-26
Dividends Announced
London Bar Silver

LONDON Aug 26 dP.-Bar silver.
23Isd. UNCHANGED Equivalent 1925
centsD Bar gold. 1855, unchanged. (EQui-
yalent S33S5D Exchange, S4.03.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-08-26
New York Suqor

NEW YORK, Aug. % P.-scattered
liquidation dominated both domestic and
world sugar futures today and prices
eased
World futures were 1 to IN lower with
replacement buying the chief source of de-
mand to absorb liquidation. March was
quoted O.TS and July 0.S2h
The domestic contract was to 2 lower.
The trade covered IN scale downward.
Raws were quiet ana Held at 2.67 and
up.. Refined was unchangedGt 420-35,
Futures No. 3 closed 1-3 lower. Sales,
;. o'fU 80 so.sss asHish.a.. LOW Last
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-08-26
Odd-Lot. Dealings
By the Associated Press.

By the Associated Press.
The Securities Commission reported to-
odd-lot dealers or specialists on the New
York Stock Exchanse for AUGUST "a: 24s
sales, involving 1887 shares including
"a short sales. involving 440 shares.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-08-26

In bankruptcy or recefvershlp or beine
reorganized under the Bankruptcy Act, OF
securities assumed by such companies
Rates Of dividends in the FOREGOING Ia Die
are annual disbursements based on the
last quarterly or semi-annuaI declara-
ton Unless otherwise noted. special or
extra dividends are not included Also
extra or extras Accumulated dividends
paid las. year eDecIared or paid SO
far this year PAYABLE In stock gPaid
last year b Cash or stock Accumu-
lated dividends paid or declared this year
ur Under rule WV With warrants XIV
without warrants war Warrants.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-08-26
Steel Quotations

NEW YORK, Aug 20 oP-steel prices.
per 100 pounds, fob, Pittsbursh: Hot:
rolled sheets, base price, 2.10; galvanized
sheets, $50; steel bars. 2.15.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-08-26
Railway Income

| ing income. before fixed charges and other
| income, of railroads reporting today for
July, included:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-08-26
Chicuqo Stock Market

CHICAGO, Aug. IS R-FollowinE is
the complete list of transactions on the
Chicago Stock Exchange today:
Sales STOCKS High. Low. Close
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-08-26
Federal Lund Banks

NEW YORK. Aug. % uR-Federal Land
y a.alx larrn
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-08-26
New York Bank Stocks

NEW YORK. Aug % GP1.-National As
ISOLATION Securities Dealers, Inc:
fOunf ti0DS 0f . nrlnck
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-08-26
Investing Companies

NEW YORK, Aug. 90 GP.-National
Association of Securities Dealers, Inc:
CLOSING quotations.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-08-26
Bond Averages
10 Low Yield Bonds.

10 Low Yield Bonds.
Close - Ills Prev. day lila
Ninth ago 11l.3 Year ago 110.4
1910 high 1882 1910 low 1884
1889 high 1925 1899 low 1886
Compiled by the Associated PressD
Evening star., 1940-07-26
u. S. Answer to Funk
Seen in Havana PorIey
Pv the Associated pros,

Py the Associated Press.
Government officials declared yes
terday the PAM American meeting
now going on in Havana was the
United States answer to German
economic aims as outlined yesterday
by Walther Funk, Nazi economics
minister.
DR.. Funk said Germany proposed
to organize Europe to deal with the
rest of the world on a barter basis
Officials here replied that. in
preparation for such a possibility
they evolved the so-called cartel
plan and other proposals for inter-
American economic cooperation. to
consider which the Havana meeting
was called.
Combined Buying Power.
While declining to be quoted by
name. they said that apparently
Germany proposed to organize Euro
pean business in such way that
the combined purchasing power of
totalitarian areas of the continent
could be welded against the trade
policies of other countries.
The "cartel'' plan was proposed to
offset combined European buying
power by a combined American SELL
ing power, The idea is for all Amer
ican countries to cooperate in one
central export agency, which would
be the only company in the New
World authorized to sell goods to
Europe
If this plan were adopted. officials
reasoned, no one country would be
Evening star., 1940-07-26
Conference May Act
Without Argentina
By GARRETT ID. HORNER,
Y UfhN Z L L d. IIVU-NI1
Star Staff Correspondent.

HAVANA, July 26.-Strong pros
poets developed today that the
United States and a majority of the
other American republics may act
without the participation of Argen-
tina to establish collective trustee
ship over New World possessions OF
European countries overrun by Ger
many.
Such action, meaning abandon
ment of Secretary of State Hulls
hopes that the Americas would pre-
sent a full united front against war
repercussions, was believed virtually
certain unless Argentina modlfles
her position against any effective
moves at the current meeting of
the American foreign ministers to
prevent imperilled regions falling
into NaN hands.
Mr.. Hull and other delegates
sharing his conviction that it is
imperative to set up machinery i'm
mediately for multilateral enforce
ment of Monroe Doctrine principles,
are attempting to bring Argentina
into line. Leopold Melo, Argentine
delegate. told reporters, however,
that while he was willing to debate
the matter, Argentina could not sac
rifice fundamental juridical prin-
ciples."
DR.. Melo held that only the free
will of the inhabitants of regions
involved should determine any
change in their status. with the
Americas having no right to occupy
them unlimited or prevent their
transfer from one European power
to another if the change was ac-
ceptable to the territories them
selves.
The official Argentine proposal sub
mitted to the conference just before
the deadline yesterday outlined this
position and held any decision on
measures that might be undertaken
by the Americas. even in agree
ment with peoples of territories
threatened with conquest. should
await consultation after the actual
menace developed because it was
impossible to delegate powers In
anticipation of facts.
Such advance delegation of power
to a committee representing all
American republics ratifying the
program in order to be prepared to
meet any danger that might sud-
denly arise overnight is one of Mr..
Hull's major objectives in this con-
ference He considers plans for
immediate action so vital that he is
supporting separate resolution en-
powering a provisional committee
to act if necessary before the con-
vention is ratified
In contrast to the Argentine pro-
posal for sidestepping the issue. the
committee advocated by the United
States would have authority to
order occupation of nom American
possessions whenever it is con-
sidered necessary to prevent their
use for the interest of another
non American power, even through
political domination of the mother
country.
Although Mr.. Hull is devoted to
the principle of unanimity in inter-
American action, he is believed to
be ready to abandon it if Argentina
and possibly few other nations
influenced by her are unwilling to
go along with the majority on this
issue, which he considers of imme-
Evening star., 1940-07-26
French-British Rift
Over R. A. F.. in June
Reported by Nazis
Berlin Radio Describes
Alleged Reynoud Talk
To Churchill by Phone
Nv the Associated Press

1y the Associated Press.
BERLIN, July 26.-(Via Radio -
The German radio said today Nazi
troops had found at the French War
Ministry in Paris the draft of a
June telephone conversation in
which Paul Reynaud, then French
Premier told British Prime Minister
Churchill:
The fate of Britain as well as of
France depends on the battle now in
progress on the Somme and Disc"
The radio said the draft of the talk
concerning the battle which the
French lost obviously was prepared
by Reynaud."
It quoted the alleged Reynaud
conversation further:
1T is absolutely necessary to en-
ploy forces Of both countries Brit
ain and France to their fullest If
the game now progressing is lost,
efforts of the United Kingdom to
rearm have no more sense.
II do not understand why, under
these circumstances. you retain the
majority of Your air force in Britain
for protection of your industrial
establishments
Il request you most emphatically
to send 500 fighter planes immedi-
ately to France for which airdromes
are prepared.
Furthermore I ask you to send
all your bombing planes into battle
and to give up such undertakings
as the Royal Air Force has Just
trict while French infantry, which
is fighting without any support
urgently needs help, the help of
British bombing planes
The radio said competent quar-
ters' saw two things especially
noteworthy in this alleged con-
versation
One, that Reynauds telegram
contains an interesting verdict on
the operations of the Royal Air
Force against the ,Ruhr district
1t scattered its strength in in
effective undertakings when it
was needed most urgently in
France.
Two, Reynaud states If the
battle of France is lost the efforts
of the United Kingdom to rearm
have no more sense
We'll. the battle in France is lost
we can only add even if Herr
Churchill had employed the Royal
Air Force in France the battle of
France would have been lost.
Also, the united French British
forces could not have offered re-
sistance against the German air
force.
But that Britain did not lend its
ally the necessary help in her hour
of the greatest need. Of course,
facilitated the task of the German
air force and its task will be still
easier when it deals only with the
Royal Air Force in the last battle
with Great Britain"
Evening star., 1940-07-26
Military Training
Queries Cover All
Phases Of Life
Authorities Will Gain
Comprehensive Idea
Of Reeistront's Skill
By the Associated Press.

BY the Associated Press.
Questions to be asked men of
military age, in the event the COM
pulsory military training bill is
enacted, range from ito what coun-
try do you owe allegiance?" to has
your wife ever been employed?"
Other sample queries from the
selective service QUESTIONABLE:
Have you any physical defect?
Have you dependent on your
physical or mental labor for sup
port wife, child (embraces only
boys under 16 years of age and girls
under 18 years of age and includes
unborn child, stepchild and child
legally adopted. prior to declaration
of war, and child with respect to
whom, prior to declaration of war,
the registrant in good faith has
assumed and fulfilled the obligation
of parent, and an invalid child (of
any age), mother, foster mother,
aged or invalid father or foster
father, aged or invalid grandparents,
brother under 16 years of age, sister
under 18 years of age, invalid
brother or sister regardless of age?
In what calling, if any, is your
wife trained or skilled?
State your total income from all
sources during the last II months
Do you or any of your family or
dependents own the house in which
you live?
Are you white, Negro, Oriental or
Filipino?
What is your usual occupation?
Are there any other things Cinclud-
ing hobbies) that you do we'll?
OF what Well-recognized religious
sect or organization, opposed to war
are you a member?
There are scores of others, an
sWers to which would give the au-
thorities comprehensive idea of a
registrant's availability and worth
to the armed forces.
Evening star., 1940-07-26
Newspaper Writer'S
Association Formed
BY the Associated Press.

BY the Associated Press
NEW YORK, July 26.-Forma-
ton Of the American Newspaper
Writers Association under an Amer
lean Federation of Labor charter
was announced last night by Will
liam L. Laurence, science news ed
itor of the New York Times and
temporary president of the new unit.
1--WE have definitely a craft or
ganization of working newspaper
men," Mr.. Laurence said explain
ing the A. N. w. A. would exclude
newspaper employees not engaged in
writing or editing the news.
He said that an organization
drive. already begun at the Times,
would be extended to other papers
and that the A. N w. A.. designated
here as Local 22397, would be in
cluded in a national council pre-
liminary to the establishment of a
"full-f1edged international union.
Evening star., 1940-07-26
Formula Devised to Fiqure
.Cities' Probable Druftees

general health, employment, mar
riage and other factors.
Of the 100000, some 100000 or
8.8 per cent would be taken in the
October l enrolment. according to
tentative War Department plans
Figure it out for yourself, starting
with your home towns population.
Multiply the population by O9l to
get the number who will register
first. Multiply the answer by .39 to
get the number Immediately ready
for service. Multiply that answer
by .088 to get the number in the
first draft.
If you only want the final answer,
multiply the population by O03l
For a city of 100000 the final
answer figures out to 3l0 or 3l2,
allowing for fractions here and
/ there.
Evening star., 1940-07-26

economically dependent upon Ger
man patronage, and therefore ma
tions in this hemisphere would be
less likely to submit to Nazi politi-
cal penetration.
Gold Threat Discounted.
DR. Funk's threat to abolish gold
as an international monetary me-
dium struck at the 100000 900
worth of gold owned by the United
States Treasury. This represents
about 80 per cent of all the monetary
gold in the world.
Publicly, the Treasury has denied
any concern about the future value
of the metal. Secretary Morgen-
thau said recently that the only rea-
son Germany did not use gold in its
Evening star., 1940-07-26
By the Associated Press

BY the Associated Press
Here is a formula by which an
average American community can
figure roughly how many of its
boys are likely to be sent to Army
camps this fall-if the conscription
bill is enacted:
On the basis of census figures, 81
per cent Of the average community's
population would be men from 81
through 80, who probably would be
the first to register for compulsory
military training.
There are about II 500 900 men of
those ages in the United States, and
the Army-Navy Selective Service
Committee estimates that about
4500,000 of them-39 per cent
would be fit and free for immediate
unlimited service.
That percentage would vary from
locality to locality, depending on
Evening star., 1940-07-26
Boot Ambulance Aids
Victim of Fish Hook

YELLOWSTONE NATION AL
PARK CP).-John wilkins of Rome,
N. Y, might have chosen a more
convenient spot in which to run
fish hook through his finger. 1t
happened at a remote corner Of
Yellowstone Lake.
Two rangers, on wilderness pa
troll, found him and had to put in a
call to the lake station, Is miles
across the water, for a boat ambu-
lance.
Evening star., 1940-07-26

international trade was because it
did not have any
While disavoWing any belief in
the elimination of gold in world
trade, he said that if the dictators
ever got control of world trade the
value of gold would be 'one of the
least of our worries"
Evening star., 1940-07-26
Continued From First PageD

Continued From First Page0
official in arranging the entry OF
Melo to the conference, was heard
to remark:
I'VE must mould this pie
Previously delegates had indicated
Argentina would stand alone in
opposition to the trusteeship plan.
Evening star., 1940-07-26
diate fundamental Importance to
hemiSpheric security.

diate fundamental Importance to
hemisphere security.
Also important in the United
States view is the need to provide
machinery for multilateral, even if
not unanimous, action with safe
guards against special interest for
any particular country in any mill
tary occupation that may be neces-
sary in order to avoid setting a
precedent under which Japan might
claim the right to take over by her
self European possessions in the Far
East. Otherwise, it would be SIM
pier for the United States to take
desired action unilaterally under the
Monroe Doctrine