davidaulloa/AmericanStories huggingface dataset:
The Wilmington morning star., 1940-03-12
WOLVES MAY FI.y

Ann Ann. Arbor shrdlu cmtwyo ,
sidering flying to the wess saH IS con-
its football opener with c.r.s oIas' to'
September 2s. e6''IoFnla
The Wilmington morning star., 1940-03-12
COMMENT UNAVAILABLE

MOSCOW, March 11-LP9-Prime
Minister Chamberlain's announce
ment that Britain and France were
prepared to send Finland aid if re-
quested by her was not Immediately
distributed in Moscow.
Soviet comment was unavailable.
The Wilmington morning star., 1940-03-12
SKEPTICAL

COPENHAGEN, March II - C-r
Scandinavian circles received
skeptically today British Prime Min
lister Chamberlain's declaration that
the Allies were ready to give Fin.
land aid in her war against Russia
should she request it.
One source asserted that 1T ap.
The Wilmington morning star., 1940-03-12

THEY'RE OFFon the mong Mt. Van Hoevenberg Lake
Placid, ~ with Bucky Wells driving Fifteen breahtaking turns
to Fifteen chances the supreme thrills mo
different different " 0 burning that makes cigarette
tick with Wells says And he says because
he's smoked slow-burning Camels for ten years.
The Wilmington morning star., 1940-03-12
Beware |! Coughs
from common cold.
That Hang On

Creomulsion relieves nronnr.,,..
cause it goes right to the ssat .,p.sy y
trouble to loosen germ laden 1s nbI.sAIas =. IAs
st1otsase saotSa sscIetlon E and aid nature y
s9othe So heo and heal raw, tender, inssn.. mia \.
ey e. Dronchial mucous membrsns, '
NO matter how many medicines ru. a,ss vs',
nave tried, tell your druggist 'to to WV ,sII
you a bottle Of CreomulsiIoHn,I IH,Is MY " ssu ~
understanding that YOU are 'ts.' ~ M NJ
the way 1t quickly ailays the ii " coI,ss as
or you are to have your money rIs Isasa y
CRE0MULSIQNj'
tor Coughs, Chest Colds, Bronshf1,
Read The Classified Al,
The Wilmington morning star., 1940-03-12
NOVICE COACH

SEATTLE - Cotton Wilcox, one
time Purdue football star, never
was on skis until he went to the
west coast, but has coacher five
championship teams at Washington.
The Wilmington morning star., 1940-03-12

"ONETWOBOB ONETWO BOB!" And the bobs Bucky"
picks speed 80 miles an hour driving high the CLASSY
wall he swings the steel sled around the
in the field of cigarettes this daring peeder gives lau the
quality of sbnng he finds Came You can tell by their mild
mellow that Came burn cooler scientists have con-
fmed hs Cames burned sowe recent tests (See panel bau)
The Wilmington morning star., 1940-03-12

% TO Know how feels hour racing bbe
we Of keene Valley N can tell you But when
Know your cigarettes, that Camels, ~ ~
burnns ca 1a nun slower There slow
get are navor Every puff fresh the ta anu
"Bulv," 1 mile TOR Even gust wind did away
C1 M %oo not many people fail to realize CAME
"aoe from costGer tobaccos-dru ox tho oes
''A''0' ever brought together in place in world
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11
Ample Steel Supply
Seen for Defense
And Usual Needs
Tower Declares U. S.
Capacity Adequate
For Time Being
BY the Associated Press.

BY the Associated Press.
NEW YORK, Oct. 1.-THE steel
industry is ready to furnish ample
metal for both defense and regular
commercial needs, and no steel short
age is in sight, Walter S. Tower,
president of the American Iron and
Steel Institute said yesterday.
present producing capacity of the
iron and steel industry in the United
States" said statement issued by
Tower, "is ample to meet all essen
tial needs now in sight, and no
large scale exps nsion of basic facil-
tiles is needed.
THE idea has been in circulation
recently that the country Is facing
a steel shortage and that the de-
tense program may presently be
affected by a 'bottleneck' in steel
production That idea is not sup
ported by an analysis of the position
of the industry However, it evident
" has excited the fears of some
steel users and encouraged specula-
tive buying.
The situation at present is that
all national defense orders are re-
ceiving voluntary preference by the
steel companies Commercial GUS
toners are getting all the steel they
need without any serious incon-
venience. No system of enforced
priorities or ALLEGATION OF tonnage
Is now necessary
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11
Scrap Institute Agrees
On Price Sterilization
B, the Associated Press.

B, the Associated Press.
PITTSBURGH. Oct 1l.-Direc-
tors of the Institute of Scrap Iron
and Steel agreed yesterday to CO.
operate in preventing wide huctua-
tons in scrap prices.
After the meeting here. which fol-
lowed a conference Of institute
officers with Defense Commissioner
Leon Henderson in Washington,
institute secretary E. c. Barringer
of New York said:
I'VE don't want a runaway mar
ket any more than the Government
does. A leveling oil is doubtless
the correct answer. II scrap prices
are depressed unduly, that would
not attract out the great tonnages
required by the steel industry to
support the national defense pro-
gram. On the other hand, price
increases would mean an increase
in cost of steel to the Government.
I'VE are in accord with the
Government in its efforts to main
tain scrap prices at approximately
the present level. No particular
prices were mentioned in Washing
ton and of course prices vary over
the country. We are not in favor
of price control and the Govern
ment has indicated it does not
want to fix prices as long as the
industry itself can and does main
tain proper levels"
Barringer added that the Govern
ment next week will ask railroad
representatives and automobile
manufacturers leading producers Of
scrap, to a conference on scrap
prices.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11
Slight Increase Reported
In CAPITAL Food Costs

Retail food prices in the District
of Columbia increased 0.6 per cent
between mid-August and mid-Sep-
TENDER, the Bureau Of Labor Sta
tistics announced today Eggs ad-
vanced 1865 per cent in price and
meats 81 per cent. These were the
largest increases reported in the
grocery bill of Washington house.
wives
Based on figures for the larger
cities, retail food costs. for the coun-
try as a whole, advanced l per cent
during the month. The Bureau of
Labor Statistics said that the in
crease was chiefly due to the higher
cost of meats, eggs and dairy prod
ucts. all partly seasonal. A decline
in the cost of flour and seasonal
reductions in fruits and vegetables
tended to restrict the price rise.
Retail food prices ir, mid-Septem-
Der were 972 per CEN of the 1885,
1889 average. This average was IL
per cent lower than the figure for
September. 1899. which marked the
peak of the advance in prices fol-
lowing the outbreak OF the European
war.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11
Increase Is Revealed
In Oil Stocks al
End Of August
Mines Bureau Reports
2,173,000 BorreIs
Added in Month
BY the Associated Press.

By the Associated Press.
The Bureau Of Mines today re-
ported an increase of 2,173 900 barrels
in the stocks of all oils during Au-
gust.
Accumulatings on August 81, it
said. totaled 75,530,000 barrels, or
a 147-day supply, compared with
573,357,000 on July 81, and S535 ,902,-
900 year ago.
August produced new supply Of
1913 1903 900 barrels Of all oils, no.
$4,000 of which was domestic crude
petroleum. Crude production, re-
ceding since March. declined further
in August to a daily average Of s.
SIS, 600 barrels, or nearly 10000 be-
low the July level.
Illinois reported the major de-
crease. Its 3S9 500 barrels daily was
IS 900 below July and 117,000 below
the June peak.
August demand for all oils totaled
12l 100 900 barrels Of which 10000
900 was domestic demand.
The bureau reported exports Of
crude at 4,170,OO0 and of refined
products at $3.50 900.
1t placed domestic motor fuel de-
mand at SIS $4,000 in August. Stocks
decreased $500 900 to 83,701 900 bar
rels on August 81. This amount,
however, was almost 10000 900 higher
than a year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11
Chicago Livestock

nc. CHICAGO GAGS =, Oct; Il e, (Unit.d States
1000: total 10000: fairly active; steady
to 10 higher than Thursdays averase;
weights under .210 pounds at most ad-
vance; top, $50; bulk rood and choice
ss :I4s eood and choice lso-aoo pound
lower bulk 3OO-35O pounds. 5SOa6 10;
abo-450 pounds 5.50as5; 450-5OO pounds,
salable cattle. 1000: calves. 900: gen.
little beef in rgn; bulls. 1925 hi.her;
Al interests in market. grain fed heifers
absent and very few medium Grades here;
loads fed steers; 1l.25ai2.15; several loads
cutter cows ,6 up 70 5ss wsishty ssussss
As 100; mostly lao down: good elesr clear.
sslable sheep: 1000: total $500: native
lambs active. steady; bulk GOOD and choice.
s;s5 to mostly Q 90; latter top no early
lambs: older classes fully steady. few
feeders early. 700: GOOD ewes: 3.75a4e5:
choice quoted to around $50: cullS and
commons. 2.75a3.00.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11
Latin American Trade
With U. S. Expands
BY the Associated Press.

By the Associated Press.
Trade between the United States
and Latin America. the Commerce
Department reported today. has in
creased considerably in both exports
and imports since Europe went to
war.
Comparing the IL months ending
August 81 with the preceding IL
months, the department said that
exports to the 20 hemisphere re-
publics had risen by so per cent to
$733. 1885 900 and that imports from
them increased 81 per cent to
$615.915 900.
The IL months export total, the
department said, was greater than
for any calendar year since 1881.
The 1910 calendar year total of ex-
ports to Latin America, it added,
probably would reach $3.50, 900 900, or
S181 ,174 900 more than in 1889.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11
!. B. A. Head Charge!
0ver-ReguIation
OF Securities
ConneIy Says Excessive
Control Con Lead to
State Capitalism
!, the Associated Press

Ply the Associated Press.
DALLAS, Oct. 1l-Too much reg
ulation of American securities mar
kets, by Federal and State govern
ments, can lead to state capitalism,
President Emmitt F. Connely of the
Investment Bankers Association of
America said today
Bring it about that free enter
prise private enterprise - cannot
function, and the fell is ripe for
pushing the Government into full
control as the source and dispenser
of all credit The next and final step
Observation-Disclosures
inevitable" Mr.. Connely said in an
address prepared for the National
Association of Securities Commits
sioners.
THE regulation of the issuance
and sale of securities has developed
along the road-very far indeed
Excessive regulation clearly is hav-
ing its effect on the economy of the
country Long time credit-invest-
ment-is the key to industrial activ-
itv in a free enterprise system
Without industrial activity, laboring
men go unemployed"
The real objectives of securities
laws, to prevent fraud and assure
fair dealings, are universally ap-
proved and applauded Mr.. Connely
said. Regulations that go beyond
these simple detectives cause UNI
necessary hardship, however, and if
they are pyramided, these hardships
and excuses become unsurmount-
able obstacles. I'VE have come dam
gerously close to that insurmountable
pyramid" he declared.
Regulation is never static. 1t in
creases like SNOWFALL. There seems
no end to broadening the scope and
strengthening the power ="
Business is made extremely diff
cult when conducted under a cloud
of continuing showcase orders
the practical effect of constant
espionage as to business behavior. "
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11
Industrial Activity
FORCES Ahead Of
1887 Levels
Reserve Board Index
Just Below Peak
OfLust December
BY TIE Associated Press.

BY TIE Associated Press.
The Federal Reserve Board re-
ported yesterday that the current
economic upswing had carried in
dustrial production beyond the 1887
level to a point just under the post
depression peak Of last December.
The board estimated September
output at 124 per cent Of the 1885,
1899 average. This was two points
under the December mark but was
two points higher than August and
10 above the 1910 low reached in
April.
Current economic conditions are
dominated to large extent by de-
velopments arising out OF the war
in Europe and more especially by
the defense preparations undertaken
here early this summer it was
stated.
The effects of the defense pro-
gram were widespread even before
substantial Government orders were
placed"
The board said that, judging oy
orders now being placed, expansion
of plant and equipment in some
industries would be necessary if do
mestic civilian and export demands,
as we'll as defense needs, were to
be met.
Larger income payments in the
third quarter of this year, the
boards monthly review stated, were
reflected in increased retail pur-
chases and contributed to some
what higher retail prices and rents.
Prices for basic industrial ma
terials began rising in mid-August
and returned to the spring level,
which was substantially higher than
in August year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11
American Magnesium
Plans Expansion 10
Triple Output
Affiliate of Aluminium
Co. Speeds Program
For u. 5. Defense
By the Associated Press.

BY the associated Press.
NEW YORK. Oct. 1.-THE Amer
lean Magnesium Corp. announced
last night plans for plant expan-
sion which would triple its fabri-
Gated magnesium output to cope
with national defense demands.
Most of the companys plants at
Cleveland, Buffalo, Los Angeles,
Garwood, N. j., and New Kensing-
ton, Pa, are operating three shifts
a day, Wiser Brown, vice president,
said.
Others will be placed on that basis
as soon as personnel can be trained.
New construction and equipment
additions under way will build up
capacity for production of an
amount of fabricated magnesium
that will break all records, he said.
The new company is an anhate
of Aluminium Co. Of America.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11
Postmistress Suggests
Change in BIueprints

BY the Associated Press.
MISSION. Tex.-Miss Myrtle
Hatch, postmistress. has suggested
the Government alter its plans for
the Mission postofnce.
She says the blue prints indi-
cate the roof will be stout enough
to bear a weighty burden Of snow
and basement space is provided
for a heating plant. Mission has
semi tropical climate.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11
Most Crop Estimates
Raised in Latest
Federal Report
Corn, Wheat, Potatoes,
Oats and Tobacco
Show Increases
BY the Associated Press.

BY the Associated Press.
The Agriculture Department re-
ported yesterday that october crop
conditions indicated production Of
most farm commodities this year
would be larger than was forecast
q month ago.
Crops for which estimates were
increased included corn, potatoes,
wheat, oats, tobacco, peanuts and
fruits.
The department. new forecast for
corn was 1852 1875 900 bushels, or
about IS 900 900 bushels higher than
the prediction made last month.
The increase was attributed to favor
able weather which allowed a large
acreage of late corn to mature with
only slight frost damage. Greatest
improvement was reported in Iowa,
Wisconsin and Minnesota.
Although larger than the 1929 SO
average, the indicated corn crop was
still about 10 per cent below 1899
production and, the department said,
was slow in reaching the market.
In general, the department said
the 1910 crop should be of good
quality, although not equal to that
OF the past three years.
Wheat Total Boosted.
The revised estimate for all wheat
was 1872 $4,000 bushels, compared
with 783,560,0O0 bushels forecast last
month. The department said the
increase was due to higher indicated
yields in most OF the important
spring wheat States.
Production of oats was estimated
at 1,2l8,273 900 bushels compared
with the September estimate of
LOG, 90l 900 bushels.
Other changes since September in
the estimates included: Potatoes. up
60O0,0O0 bushels to 1886, 091 900: to-
bacco, up $1,000 900 pounds to $685.
$4,000 pounds, and peanuts, up 49,
100000 pounds to / ,539 SAC, 900.
Although crop conditions improved
in general, the department reduced
its estimate Of the soybean crop
from the September figure of IS. 500 :
600 bushels to 1854 900; that for
rice from $3.50, 1000 bushels to ST.
1877 900, and that for sweet potatoes
from Sc 1894 900 bushels to SO, l3l 900.
The department said aggregate crop
production probably would be Is
per cent above last year, and the
second largest on record. The record
production was in 1887.
Tobacco Estimates Higher.
The department reported indica.
tons on October l were that this
years tobacco production would be
1858 $4,000 pounds. two per cent
more than was predicted on Sep
TENDER l and almost 100000 900
pounds below the 1929-l938 aver.
age.
BY types, the 1910 output was esti-
mated as follows: Flue-cured. 66l. =
855 900 pounds; dark fired, 95, 948 900:
hurley, 311,846.0 900; Maryland. 30
100000; dark air-cured, 41,563 900;
cigar tobacco, 1877, $4,000
Late rains, the report said, ap-
parently added many pounds to the
crop in Kentucky, where 10 per cent
OF the hurley is produced.
The largest tobacco crop was ex-
pected from North Carolina, fol-
lowed by Kentucky. Tennessee, Vir-
ginia. South Carolina, Georgia.
Pennsylvania. Wisconsin. Maryland,
Ohio, Connecticut, Florida, Massa-
chusetts, Indiana and Missouri, in
that order.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11
Canadian industrial
Activity at New Peak
BY the Associated Press.

% tIIt 1fSoVNId Vtu IeSs'
NEW YORK. Oct. 1.-THE index
Of industrial activity in Canada COM
piled by the Canadian Bank Of Com
merce advanced to new peak OF
l27 in mid-September compared with
12l in mid-August.
The level Of manufacturing output
in September was q per cent higher
than a year ago, when it was equal
to the average Of 1887.
Most Of the gain over August was
due to seasonal activity in the proc
essing Of consumers goods. the bank
said. and was most marked in food
stuffs and clothing.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11
Brokers' Loans Drop
S36,000,OO0 in Week

By TIE Associated Press.
The Federal Reserve Board re-
ported yesterday that last week 8
loans to brokers and dealers on Sc
curities held by reporting member
banks in New York City totaled
$238000,0O0.
For the week ended Wednesday
the total represented a decrease of
s36oO0,0O0 when compared with the
previous week.
Loans for the corresponding week
a year ago totaled SAIL 100000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11

Big Issue Due
Youngstown
Sheet & Tube
By the Associated Press.

BY the Associated Press.
NEW YORK, Oct. 11.-Youngstown
Sheet g. Tube Co. plans to file with
the Securities and Exchange Com
mission this month an issue Of S45,-
100000 first mortgage ga per cent
bonds, due in 1860. it was learned
today. An issue of $10,500,000 de-
bentures, due in one to seven years, IS
being placed privately.
Proceeds Of the issues will be used
to refund an outstanding s55 900 0OC
OF first IS. Kuhn. Loeb g. Co. and
Smith. Barney e. Co. will be Joint
managers of the underwriting group
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11
Oil Burner Shipments
Show Big Increase
d the Associated Press

1y the Associated Press.
Reports to the Commerce Depart
ment from ITO manufacturers Of oil
burners show shipments of 31544
units during August. compared with
22.0ls in July and 24.660 in August,
1889.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11
Metal Market

NEW YORK. Oct. IL P.-Copper
STEADY sisstr9ytic spot. or Conn VALLEY E;I
steady; spot and nearby. $500; forward
81 so. Lead steady; spot. New York.
5.ab-30: East et. Louis. $40. Zinc steady:
East st. Louis. spot and forward. 7.25.
Quicksilver. IA 0O-176OO. Pig iron,
aluminium, antimony. platinum. Chinese
wolframite and domestic scheelite I'M
chanGed,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11
| WHY'S to Ask
| $685. for New
American

BV the ASSOCIHltu FftSS.
TOLEDO, Ohio, Oct. 11,-Willys-
Overland Motors, Inc. announced
today the price of its 194l four-door
de luxe American" sedan will be
$685. fob. Toledo, not including
taxes. The company said manufac-
ture of other models in the series
would not start until December.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11

Quotations furnished BY National As
ISOLATION of Securities Dealers. Inc. which
transactions or firm bids or offers but
should indicate approximate prices. and
unless otherwise indicated. are ~ quoted
by the SPONSORS or issuers
'Not quoted by sponsors or issuers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11
Excess Bank Reserves
Up 100 Millions
During Week
Increase Attributed
To Treasury Deposits
. With Banks
By the Associated Press.

By the Associated Press.
Lendable reserves in banks in
creased by sl0OOO0,oOO during the
week ended october and reached
a total of $500, 900, 900 the Federal
Reserve Board reported yesterday.
Virtually all of the increase in ex-
cess reserves was attributed to
Treasury deposits with Federal Re-
serve banks.
The boards statement said:
During the week ended october
member bank reserve balances in
creased $127,000,000. Additions to
member bank reserves arose from
decreases of $99, 0O0, 900 in Treasury
deposits with Federal Reserve banks
and $ll,000,000 in non-member de-
posits and other Federal Reserve
accounts, and increases of $78,0O0,-
900 in gold stock and 100000 in
Treasury currency, offset in part by
a decrease of S37,000,000 in reserve
bank credit and an increase of ST.
600 900 in money in circulation Elk:
cess reserves of member banks on
october were estimated to be APP
proximately $500, 100000, an in
crease of 500. 900 900 for the week.
THE principal change in holdings
Of bills and securities was in United
States Government securities, direct
and guaranteed; holdings of bonds
increased $81,000,000 and of notes
decreased 100000 600"
Changes in member bank reserve
balances and related items during
the week and the year ended Octo-
Der 9, 1910, were reported as follows:
Oct q. Oct . Oct IL.
1910. 1910. 1899.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11
London Bar Silver

LONDON. Oct. II GPl-Bar silver 23t.d.
up a.. Equivalent AZ 80 cents)
Bar gold 6Ss. unchanged. Equivalent
S33.S5)
EGCAange. 81 O3
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11
Member Bank Deposits
Climb al New York
Nv the Associated Press.

BY the Associated Press.
NEW YORK, Oct. 11-Member
bank deposits for reserve account
with the Federal Reserve Bank Of
New York rose around S73,000,0 900
during the past week, the banks
condition statement disclosed.
The United States treasurer's &C
count with the bank declined about
$54 ,OO00 900. Gold certificates on
hand and due from the United
States Treasury showed little change.
Federal Reserve notes in actual cir
culation declined around $1,000 900.
The banks holdings of United
States securities were lightened by
around s9,000,000 Since the week
ended July IA last the banks hold
ings of Governments have declined
to S726 100000 from S751 100000
Some of these securities were &C
quired by the bank when issues were
taken in the open market to help
cushion the decline in values &C
companying the May-June German
invasion of the LoWland Countries
and France. In July, however, life
insurance companies became sub
stantial open market buyers of Fed
eral loans, and they are still adding
to portfolio.
The condensed statement follows:
Gold certificates on hand and
due from U. 8. Treasury 50. 24q 300. 600
Total reserves ------- 1883, : IA 900
Bills discounted.
Secured by u s. Govern
ment obllgations 2,144 900
Total bills discounted 5,9:,g. 900
Industrial advances l,1s1. 900
Total U. S. Govt. securities 125.620. 900
Total bills and securities 133,34n. 900
uncollected items l55. 694. 900
FEDERAL Reserve notes in
actual circulation LASS sol, 900
Deposits:
Member bank-reserve &C
count $50. n53. 600
Total deposits $500 $4,000
Ratio of total reserves 20 deposit ana
Federal Reserve note liabilities combined.
935 per cent
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11

Americans are helping establish
Brazil's first parachute factory.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-11
Investing Companies

NEW YORK, Oct. II F.-National AS
ISOLATION Securities Dealers, Inc.
Moon Quotations