davidaulloa/AmericanStories huggingface dataset:
Evening star., 1940-12-30
S30,O00,00O Addition
To Aviation Fuel
Facilities Urged
Forish Suggestion
Addressed to Major
Refining Companies
RS the Associated Press.

RS the Associated Press.
NEW YORK, Dec. 30.-William S.
Parish, president OF the Standard
Oil Co. New Jersey, today recon-
mended a s30,000,000 expansion Of
the oil industry's equipment for pro-
duction of l00-octane aviation gas
oline to assure ample supplies for
defense and other emergency needs,
The oil executives suggestion, dis
closed by AXtell J. ByleS, president
of the American Petroleum Instl-
tute. was addressed to Is large re-
fining companies which make this
high-teSt grade Of fuel.
Farishs communication indicated
the induStry's present output OF 100
octane aviation fuel could be dou-
bled within II to IA months by
enlarging refinery capacity. A sub
stantial additional increase could
be gained. he said, by augmenting
the lead content.
While the industry already is
capable of supplying more l00-oc-
tame fuel than will be needed to
meet Government, commercial and
export demand during l94l," said
Farish's letter, part of this capac-
ity is shut down and purchase and
storage of more of this fuel during
the next six months would assist in
meeting future demand by keeping
present equipment operating at the
maximum.
Productive capacity of the indus
try is estimated at about 80 900 BAR
rels daily by March, 1941.'
Parish saw a likelihood however,
of largely increased requirements
in 1912.
Civilian demand plus exports of
100-octane fuel in l941 were esti-
mated by Parish at 10000 to 10000
barrels day, but he warned train
ing planes might require more fuel
than expected and also that COM
mercial needs might grow apace
with those of defense"
Farish'S letter was sent to the
presidents or other high executives
of Continental Oil Co., Gulf OIL
Corp, Humble Oil & Refining Co,
Phillips Petroleum Co. Richfield Oil
Corp, Shell Union Oil Corp, Sim
clair Refining Co, Socony-Vacuum
Oil Co, Standard Oil Co. of Cali
fornia, Standard Oil Co. 1ndianaD -.
Sun Oil Co., Ohio Oil Co., Texas
Corp. Tide Water Associated Oil
Co. and Union Oil Co of California
Evening star., 1940-12-30
Railroads Held Ready
To Meet Any Demands
Made on Them in Al
Pelley Says Lines Are
At High Efficiency Levels;
Equipment Being Added

American railroads will enter l941
with a plant geared to meet any
transportation demands that may
be made of them" j. J. Pelley. preSi-
dent of the Association of American
Railroads, said today.
In a statement summarizing the
operations of the major carriers for
the past ~12 months, Mr.. Pelley said: ::
Not only is car and motive power
supply adequate on the basis of
traffic now anticipated. but the rail-
roads are being operated at new
high efficiency levels. At the same
time, new equipment is being added
as traffic demands or the replace
ment of obsolete equipment may re-
quire. ."
He said the class railroads of
the country will end the year with
net railway operating income
before fixed charges-of $3.50 900 600.
the best showing since 1886 when
the figure was $667, 900 900.
Income Shows Advance
The net railway operating income
represents a return OF 249 per cent
on property investment. in COM
parison TO 225 for 1899. After fixeo
charges. the net income is estimated
at l55.00O00O. compared with s93,-
900 900 last year.
Net railway operating income for
l930-the year used customarily for
base comparison purposes was
1860 900 900, or 328 per cent on
property investment The railroads
owed the r. F. C. nearly S468 900 900
as of November 30, after repaying
s315 ,282, ,44O.
Gross revenues in 1910 approx
imated s4,275 600. 900. an increase of
7 per cent above 1899 but a drop of
10 per cent from 1880. Operating
expenses spproximated $1,000 900 900
in 1910, which was an increase of
SO over 1899, but decrease of 214
below 1880.
Taxes at New High.
Taxes were the highest on record,
amounting to S405 900 900. an in
crease of about 10000 900 for the
year.
Capital expenditures for equip
ment, roadways and structures and
other improvements amounted to
S400 900 900, compared to 1852 900, 900
for 1899, but we're only about so per
cent of the annual outlay between
1927 and 1890
Employment once more moved
over the 900 900 mark as the result
of an II per cent increase in freight
movement, and 4.6 per cent in pas
sengers. the carriers reporting
1,O26 900 persons on the rolls. Freight
traffic in 194l is expected to run
from to 10 per cent higher than
in 1910.
Evening star., 1940-12-30
Insurance Policy Loans
Reach 10-Year Low
By the Associated Press.

BN the Associated PRESS.
NEW YORK, Dec. 30.-Total loans
on life insurance policies will de-
cline to s2,767 900 900 as of Decem-
Der 81, a decrease of S131 600 900 dur
ing the year and the lowest amount
in a decade, the Institute of Life In
Surance says.
The institute said the contrae-
ton indicated an improvement in
the stability of family financial con-
ditionS in 1910
On the basis of percentage Of
total life insurance assets, which re-
fleets the actual trend. loans are
now nearly so per cent smaller than
in 1882, the bottom of the depression.
At that time, the. institute said, as
much as $1,000, 100000 was loaned
for emergency use in one year alone
Repayment of outstanding loans
is constantly expanding, the insti-
tute added.
Evening star., 1940-12-30
British Release
Cash for II. S.
Film Firms
BY the Associated Press.


NEW YORK. Dec. 3o.-British
authorities have agreed to trans
fer funds from England to eight
United States molten picture COM
panies, Will H. Hays, chairman of
Motion Picture Producers g. Dis
tributors of America, Inc, an
nounced.
The amount involved, which was
not officially stated, was estimated
at nearly ~$l3,000000 The money
will be divided in proportion to
business done during tenure of the
agreement, said to run from Novem-
Der l, 1910, to November l, l94l.
Under previous agreement,
which expired in October the eight
companies were permitted to with
draw $l7,5O0. 900, or roughly half of
l938-39 profits,
Companies affected included Co.
lumbia Pictures Corp, Loew's, Inc;
Paramount Pictures, Inc; R-k-O
Radio Pictures, Inc; Goth Century
Fox Film Corp, United Artists
Corp, Universal Pictures Co., and
Warner Bros. Pictures, Inc.
Evening star., 1940-12-30
Scarcity Of Steel
-
! Most Pronounced
Since World War
Demand Is Unsutisfied
Despite Record Output
OF ee, 500, 900 Net Tons
By the Associated Press.

BY the Associated Press.
CLEVELAND. Dec. 3O.-Scarclty
of steel now is the most pronounced
of anv wear end since the World
War the magazine Steel said today,
DESPITE a record production OF
sc. 500 900 net tons of steel ingots
during 1910.
This total is per cent above
the previous record of 81 400 600 in
1929 and 27 per cert over the 1889
output OF $500 000
The magazine observed:
- Industry would feel more en-
couraged if at least some relief were
in sight. Even subsidiary fabrl-
eating companies, such as shipbulld-
ers. cannot get sufficient steel.
1T is encouraging, however, that
threatened famines in coke and
Dig iron these several months have
been STAYED off, which may set an
example for the industry generally.
It may still be merely a question
of proper distribution as to con-
sumers, districts and periods OF
time
Priorities Are Nearer.
Washington imposed priorities ad-
mittedly are nearer, but there is
some question. the magazine said,
whether probable confusion from a
new setup would be compensated
for by greater benefits. Delivery
dates on wide plates now specify
as much as "a weeks.
The price question has again
emerged with producers being care
full to specify prices at time OF
shipments" on sales for the second
quarter or beyond. Some persons
interpret this as indication OF
rising prices. Contributing to the
belief is the February expiration OF
c. I. o. contracts. which may be
renewed at higher levels.
Galvanized sheet production
reached "a per cent of capacity, the
highest in several years, just before
the holidays. Zinc producers esti-
mated production would balance
consumption in the first half of 1941.
Structural Sales Rise.
Sales of fabricated structural steel
for 1910 approximate 1.475,00O tons,
about 325 900 above last year.
Open hearth ingot production
dropped Is points to so per cent of
capacity last week, compared with
1872 per cent for last years Christ
mas week. Operating rates declined
as follows. Pittsburgh. 20 points
to rs per cent; Chicago, 18 to 1872;
Eastern Pennsylvania l3 to 81;
YOUNGSTOWN. 13 to 78: Wheeling.
22ia to rs; Cleveland, l4'2 to u;
Buffalo Is to 10; Birmingham, l6
to "a; New England, 10 to 90; Gin
cinnatl. "A to 73; St. Louis, to
T9l2. and Detroit. IA to rs.
Rises in scrap brought the maga-
zines scrap composite up 9 cents
to S2146. The pig iron market
generally has accepted 81 ton
advance.
Evening star., 1940-12-30
New York Money Rotes

NEW YORK. Dec. 80 GPn.-Call money
steady; / per cent Prime commercial pa
per "a per cent.
Time loans steady: 5000 days, IA:
four-six months, u per cent.
Bankers acceptances UNCHANGED. 5000
DAYS, l2-is per cent: four months. is-ia
per cent five-six months. Ss-is per cent
Rediscount rate, New York Reserve Bank,
I per cent
Evening star., 1940-12-30
Cooper Bessemer Head
Goes TO New Post
By the Associated Press.

bG LIIt = 3l'eVNIdIVN 7 EV7'7'
MOUNT VERNON, Ohio, Dec. 30
B. B. Williams. head of the Cooper
Bessemer Corp. for 20 years, has re-
sigred as president and was made
chairman of the board by directors
of the Diesel. Engine Manufacturing
Co. General Manager c. B. Janke
was promoted from vice president
to president.
Williams succeeded E. j. Fithian
of Grove City, who resigned.
Evening star., 1940-12-30
Lower Net Reported
By Beatrice Creamery

CHICAGO Dec. 30-Beatrice
Creamery Co. shows net profit for
the quarter ended November 30 of
s470,939, equal to SO cents a COM
mon share, compared with s525,74l.
or sl07, in the corresponding 1889
period.
For the nine months period net
profit was sl,256l88, or S235 per
share, compared with 81 $50 1894. or
1925, in the nine months period
ended November 30, 1889.
Evening star., 1940-12-30
Bank Meeting Called

The annual meeting of the stock
holders of the Prince Georges Bank
& Trust Co. of Hyattsvllle and
Mount Rainier for the election Of
directors and officers will be held
in the bank at Hyattsvllle January
IA, at pm.
Evening star., 1940-12-30
Boston Wool Market

BOSTON. Dec 80 tP, UNITED States
Department of Agriculture The wool
market in Boston was mostly quiet today
and quotations were showing little chanEe
the scattered INQUIRIES received in this
market were largely for South American
woods. A little interest was being shown
IN graded combine quarter blood brig hit
fleece wool and limited quantities we're sold
at around 45 cents in the grease
Evening star., 1940-12-30
Dry Goods Market

NEW YORK. Dec. 30 tP,.-Scsttered pur-
chases were made in cotton goods today,
with prices holding firm and unchanged.
Activity in wooden piece goods was re-
stricted by cost uncertainties and was con-
fined 10 small lots for distant delivery.
Moderate quantities of flament yarn warp
and spun rayon changed hands. Silk
piece goods remained quiet.
Evening star., 1940-12-30

Quotations furnished by National Asso-
citation of Securities Dealers. Inc. which
states they do not necessarily reflect actual
transactions or Arm bids offers but
should indicate approximate prices. and
unless otherwise indicated, are as quoted
by the sponsors OF isSuerS.
'ASerisk indicates, Not quoted by spon-
sors or iSSuers.'
Evening star., 1940-12-30
Clearing House Issues
Report at New York
R,ths Axsnciated Press

B, the Associated Press.
NEW YORK, Dec. 30.-The week
ly statement of the New York Clear
ing House showed: Total surplus
and undivided profits unchanged at
S937 ,003 900 Total net demand de-
posits average increased $62.-
545 900. Time deposits (average)
increased s2,5ll 900. Clearings, week
ending today five days.. s3,559.-
493 ,297. Clearings week ending De-
cember 20. S4,472, ,480,6l0.
Evening star., 1940-12-30
NEW YORK STOCK MARKET
2:30 pm.

sUnt OF Trading, Ten sharef
bank,uptey reeevershp being rsorSan5.d under
Rates of dividend IN the foregoing table annual dis
busemens based the last quarterly or decara
Unless otherwise special dividends
included
cumulated dividends paid far
this Payable Paid IN 81 payable
Canadian funds
paid
Evening star., 1940-12-30
Washington Exchange
SALES.

SALES.
Washington Loan e. Trust Cos at
233.
Capital Traction 1st 5s-s1 900 at
1o4l2, $4,000 at 104l2, $500 at
10474.
Washington Gas SIS 1960-S500 at
130I,
Evening star., 1940-12-30
London Money Rotes
CReported by smith, Barn

LONDON. Dec, 30 P,.-Money. per
cent Discount rates: Short bills | l 80
per cent: three month bills, 1921 Is.
Evening star., 1940-12-30
Federal Lund Bunks
NEW YORK. Dec. 80 q
London Gold and Silver

LONDON, Dec 80 GP.-Bar silver
e3I.d up !. Equivalent 42.05 cents).
Bar gold. 1855, unclaimed. Equivalent
S33 s5). Exchanee, S4.03.
Evening star., 1940-12-30

'Ex dividend
+Plus extras. e2G extra. f3ee extra.
$500 extra paid December IS. 1910:
< 2Oc extra. 81 so extra. Sl.O0 paid
September 80. 1910. $500 paid in 1889.
I 81 90 paid in 1910. vSl.00 extra paid
January. 1910. ySl0.00 extra h $500
Evening star., 1940-12-30
New York Produce

sors or lSSuers.'
The Waterbury Democrat., 1940-07-17
EQUAL RIGHTS
 BILL IS OPPOSED
Local WOmen's Democrat Club on Record Against
 Act in Constitution

The Waterbury Women,s Democra- tic club last night went on record as opposed to the proposed equal rights" amendment to the Constitu- ton of the United States. The Re- publican national convention adop- ted a platform plank endorsing the proposed amendment, but women Democratic leaders have urged the Democratic national convention not to take such a step.
 Opposition to the "equal rights" plan has already been voted by the Connecticut Federation of Women's Democratic clubs, with which the local organization is affiliated. It was claimed at last nights meeting that adoption of such an amend ment would deprive women of many of the advantages they LOW possess. The amendment, it was said, would affect wages of women in industry, womens pensions and wonien's em- ploymerit.
 Several Groups Favor It
 Several women's organizations are ! on record as favoring the plan, but other groups are against it. notably the Leagugc of Women Voters.
 More than 20 members of the To-. cal club will attend a meeting oi
 SContinued on Page 9
The Waterbury Democrat., 1940-07-17
CHAIRMAN JIM
 FARLEY WARNS
Any Attempt to Stampede, Convention Will Hurt
 Party in November

Chicago, July 17.-OUP)-Nation- al Democratic Chairman James A. Farley said today that any attempt to stampede the national convention into nominating President Roosevelt without a formal rollcall would jeopardize the party's chances in November.
 T can't imagine anydhe being SC silly as that" Farley said. Any such effort would be accepted badly by the nation. I am sure that the President of the United States doesn't want it done.R
 Farley made plain that he was out of sympathy with any attempt to throw the customary convention procedure into the discard. He ind:. cated also that he had not beer consulted on the plans to speed ur the convention and end 1t Thursday "a day earlier than had beer planned.
 "But somebody else Is controlling the conventions activities from hers out" Farley said with wistful grir fiickering across his broad face.
 Farley is the man who was doint 1 the controlling" in 1892 and 1886
 Plans Not Affected.
 Farley said announcement of th' Presidents attitude by Sen. AlbeI w. Barkley of Kentucky had no affected his plans for his own nam to be placed in nomination and h. said he supposed that the name
The Waterbury Democrat., 1940-07-17
ROOSEVELT TO BE VERY QUIET
Silent on Plans for Future Until Convention Makes
 Its Decision
By T. F. REYNOLDS United Press White House
 Corresu0ndent)

Washington, July 17-(UP)-Pres- ident Roosevelt, rejecting his last chance to head of a third nomina- ton, indicated today that he would keep silent about plans for his fu- ture until the Democratic national convention makes its free decision" about renominating him.
 After disavowing any ambitions to succeed himself, but rejecting an op- portunity definitely to declare him. self out of the presidential running MT. Roosevelt left the next move tc the convention delegates. It was predicted unanimously here that the next move would be his overwhelm- ing renomination. It was assumed on the basis of his statement to the convention last night, that he would not reject it.
 The now famous "open telephone wire to Chicago" which connects tt the White House switchboard, today will bring MT. Roosevelt first-hane reports that delegates at the con vention will nominate him despite hi release of all pledged votes. Some time late this week-perhaps Thurs day or Friday-Mr. Roosevelt will b' forced to tell the delegates whethe' he accepts the nomination or retire to the unofiicial status of an eide statesman.
 Casting aside the air of detach' ment which he previously had dis played on the third term issue, MI
The Waterbury Democrat., 1940-07-17
Platform Goes Before
 Convention Very Late
S4ronc Anti.War Plank Embodied in Make-up-New
 Deal Policies Are Supported d-Anti-lhrd ass--- Term Plank Dies
BY WILLIAM H. LAWRENCE limited Press Staff Correspondent

.
 Chicago, July 17-(UP)-An anti war and pro-New Deal platform goes before the Democratic Nation- al convention today.
 Isolationists won their fight TOT a strict pledge that no. American armed forces would be sent to fight on foreign soil, unless the Monroe Doctrine is violated.
 Administration leaders, anxious to avoid a convention floor fight on the peace or any other platform is- sue, claimed Democratic unity had been established for a third term campaign by President Roosevelt. The platform, 1t was said, will be approved without a dissenting voice
 The platform in general reaffirms and commends the policies and acts of the New Deals first seven years as the basis for asking for four more years of 1t.
 An interesting plank is one re- garding public power. This Is de- signed to draw an issue with the Republican presidential candidate Wendell L. Willkie who headed a private utilities holding company Commonwealth and Southern Corp. until he was nominated.
 Two Floor Fight Threats
 Two threats of floor fights-one by those who wanted an even stronger pledge of aid to nations re- sisting aggression, and the other by those who thought an anti-third term plank would be good idea remained as the full resolutions committee of 55 men and 52 women largest in history, convened Cat II a. m., GOT & EST) to receive the unanimous report of its l7-membel drafting subcommittee. The sizt of the resolutions committee wa! doubled yesterday by convention ap' proyal of the women's demand fol equal representation on the polio, group. <. The convention is scheduled t I%%ov.%iv,yad On pa0n Ql
The Waterbury Democrat., 1940-07-17
JIM FARLEY HAS
 TWO POSITIONS
With New York Yankees, as President, With Motor
 Co. as Chairman

Chicago, July 17-(UP)-PoStmas- ter General James A. Farley, who has been reported ready to resign his position as chairman of the Democratic National Committee, will become president of the world cham pion New York Yankees baseball team within two weeks," according to Atty. Jeremiah T. Mahoney oi New York. Mahoney, who repre- sents the estate of Jacob Ruppert wealthy brewer who owned the club said that a contract for the sale oi the Yankees already was in the hands of Farley's attorney and thai they have been studying the contract for several days without question "It looks as though the deal wil go through within two weeks,"' hi said. Manoney said the sale pric' was approximately s4,000,OO0.
 si00.000 Position
 Toledo. O., July i7.-(UP)-Post master General James A. Farley ha tentatively accepted an offer to be come chairman of the board of tn wills overland Motors. Inc. effectiy August 1. at 6 reputed salary c 91O0 900 a year, it was reported iaulh nritatiVely today. No mention Wa made of the deal by which th Democratic National e0inmItle chairman wlii become president Q | the New Fork Yankees Wae made | the Wlllys negotiations which har been continuing for some weeks, uas saId. #ar6 Kennedy, ellalf man of the W|llgs-o opefiend board President jcGeph FFazeF and 0ee8a 1 Ritter. epllnsel. Nere ia Chicago r ] day and unaeaI|able ioF comment
The Waterbury Democrat., 1940-07-17

There will be opposition to revis- ing the convention program. It called for presidential nominations tomorrow night after delegates this evening had digested and approved the platform being drafted under chairmanship of resolutions comnit- tee, Chairman Robert F. Wagner. But Secretary of Commerce Harry L. Hopkins said it shall be the other way = that the platform can be dis- posed of quickly this afternoon and the for1nality of putting MT. Roose- welt up for president again brought about day ahead of time. That would bring up the vice. presidential nomination Thursday night, thus ending the convention 24 hours ahead of schedule. The change was announced at the con- clusion of last nights. .tumultous ses- sion.
 The question of whether MT. Roosevelt's name will be placed for- mally before the convention in Q nominating speech still was open this morning. Judge John E. Mack of New York, who is expected to make the speech-if one is made said he expected the nomination would "be by exclamation" T have no nominating speech" he said. "I've written no nominating speech and I've brought none with me-"
 He continued to insist he would not make the speech unless request ed by MT. Roosevelt. Mack nomi- mated MT. Roosevelt in 1892 and 1886.
 Postmaster General James A. Farley, the soon-to-retire chairman of the Democratic National Commit- tee, apparently opposed changing the schedule. Farley used to boss those little matters but the word around here is, "See Harry Hopkins now."
 Releases Delegates
 MT. Roosevelt released his dele lgates last night. There were around 800 of them more or less com mitted to his renomination and another hundred or so on his band wagon. He formally advised this convention that he had neithe, desire nor purpose to be renom- mated or reelected. But his state ment had no braking power. Ths third term juggernaut is still rolling and his words seemed to have hast ened its pace.
 Permanent Convention Chairman Alben W. Barkley, the senior sena- tor from Kentucky, tripped the trigger on the Roosevelt show las night by reading a statment of thess presidential views. Twice he shout ed his glasses off his nose as hi
 Continued on Page 9)
The Waterbury Democrat., 1940-07-17
WATERFOWL AVE. 1.
 PAVING AWARDED
New Haven Construction Co. Wins Bid at Price of
 S73,9O6.5O

The New Haven Road Ccnstruc- tion CO. was awarded the contract for the. paving of WateYtown ave- nue by the board of public works at a special meeting at 12:15 p. m. today. The firms bid was tabulated by City Engineer Charles A. Root totalling $73,906.50.
 Unsuccessful bidders were the D. V. Fione Co. of New Haven, whose bid totalled '$74,965.75, and the AL tieri Construction Co, of Waterbury, whose bid totalled $7S,213,50.
 The project involves the laying of 4500. feet of reinforced concrete pavement on Watertown avenue, from Robbins street to Aurora street. Sidewalks and curbing are also to be laid. The work Is to be completed by Oct. 1.
 Pave Hamilton Ave. The New Haven firm, the success fufl bidder, last fall did the paving of Hamilton avenue, offering the lowest of several bids submitted. Necessary preliminaries will be completed as soon as possible. sC l that paving can start at an early date. The board of finance, meet | ing tomorrow afternoon. will cer- | tify that funds are available. The city plan commission. which must approve any project costing s25,0ol or more, will be called into special session within a few oays. probably on Friday, to authorize start Of the work.
 The three bids were submitted ts the works board at Q regular meet ing last night. The meeting was ad' lourned 10 this noon to allow tim' Tor tahuiation of the bids.
 The New Haven Road Construc'