davidaulloa/AmericanStories huggingface dataset:
Evening star., 1940-06-15

to enter the city were directed to
important public buildings, where
they triumphantly raised the swas-
tika over the conquered capital.
The spirit of order of the Ger
man armed forces has moved in,"
said the Allgemeine zeitung. in COM
menting on the occupation of the
city.
The Paris population will soon
realize that the German troops of
occupation have no desire to resort
to the same measures applied by
the French on the Rhine and in
the Ruhr"-a reference to the post
war demilitariZation of Germans
Rhineland and the international oc-
cupation of the Ruhr.
Evening star., 1940-06-15
Rumanian Monarch
Also Said 10 Have Sent
Note TO YugosIayia
Dunubion States Weigh
Consequences if Ankoro
Enters Conflict
BY the Associated Press.

Bv the Associated Press.
BUCHAREST, June liking
Carol of Rumania has dispatched a
note to President Ismet Inonu Of
Turkey asking that Turkey main
tain neutrality in order to prevent
the war from spreading to the Bal
kans, it was reported today in dip
lomatic circles.
Though a Rumanian government
spokesman categorically denied dis
patch of the note, reports persisted
that King Carols appeal was trans
mitted through the Rumanian Min
lister at Ankara the Turkish capital.
The same reports said the mon
arch simultaneously had sent note
to Prince Paul, Regent OF Yugo-
slavia, making a similar plea.
Evening star., 1940-06-15

leaders predicted would be quick
dissolution and destruction of the
French Army, Nazi forces have
thrown the French back southeast
of the Argonne Forest and blocked
their lines of retreat, the COM
munique said.
1t indicated a heavy role for the
German air force, reporting ef-
fective attacks on the Verdun sector
and in the regions of Metz and
Belfort, important zones along the
Maginot Line.
Troop concentrations and columns
Of marching troops were bombed, it
said. and numerous railroad trains
destroyed.
Yesterday" the communique an
nounced, Paris was occupied with
out fighting and passed through.
THE Reich's war flag is waving
over the Palace of Versailles where
in 1871 the German destiny was
established and in 1919 the German
shame sealed
The French are fleeing wildly"
spokesman declared, before the
German war machine" which was
described as rolling relentlessly
southwark from Paris, allowing the
enemy no breathing spell.
The Maginot Line, bulwark of
Frances defense system, also is
doomed. said the spokesman.
The French troops holding the
northern extremity of the Maginot
Line were said to be in a most
critical" situation, trapped by Ger
man units attacking from the Saar
and eastward from the vicinity of
Chalons-Sur- -Marne.
There were uncomfortable reports
that large French units already are
capitulating in the region south of
Sedan, where the Germans first
smashed across the Meuse in their
drive to the English Channel.
Desperate attempts of Gen. Max
ime Weygand, Allied commander in
chief, to establish another foothold
for his army on a line somewhere
south of Paris were regarded as of
no avail.
Hitler May Go to Paris.
Ardent Nazis, joyously celebrating
the fall of the French capital, en-
visioned the possibility that Hitler
himself might make a triumphal
entry into the city next Friday-the
2lst anniversary of the date on
which Germany agreed to sign the
Versailles treaty.
A victory parade on that date,
Evening star., 1940-06-15
Spanish War Veterans
EIectinq Officers Today

Veterans of the Spanish American
War were to elect officers this after
noon in the Pythian Temple. De-
partment Comdr. Thomas F. Dono-
van will preside.
Calvin B. Lucas has been nomi-
mated for commander, DR.. Herbert
Manning for senior vice commander
and Alvin M. Luskey for junior
vice commander.
Evening star., 1940-06-15
Donubion States Seek
To Preserve Neutrality

BUDAPEST, June Is (P).-A fresh
drive for the maintenance of peace
in Southeastern Europe began today
as the Danubian states weighed the
likely consequences of Turkish entry
into the war.
Informed quarters here are con-
vinced that, should Turkey decide
on active participation beside Brl-
tain and France her western treaty
partners, this act would spread the
conflict throughout the Balkans in
spite of the Balkan nations prevail
ing reluctance to assume belligerent
status
Leader of the peace move is KING
Carol of Rumania. who realizes that
If anybody lights the match of war
his country is the one most likely
to become the torch.
Yugoslavia Changes Policy.
That Yugoslavia-a traditional
friend of Francois reorienting her
natioal policy better to harmonic
with Germany's current success
was indicated by the release from
prison of a dozen or more leaders
of factions favoring the Rome-Ber-
lin axis.
Most prominent of these was for
mer Premier Milan Stoyadmovich,
who was interned April 10 after Bel
grade authorities announced dis
covery of a plot to overthrow the
government and turn the country
over to the Nazis. Now, according
to reliable reports, he is in Belgrade
seeking to form a pro-axis cabinet.
His release, taken as an indica-
ton that Premier Dragisha Cvet-
kovich's government is seeking to
draw closer to Germany and Italy,
conceded with reports that pro-
Allied cabinet members were prepar-
ing to Withdraw in order to permit
such reorientation of Yugoslav
policy.
Turkey Holding OFF.
In Ankara Turkish authorities OBJ
viously are declining to precipltate
entry into the war while Russias
will remains obscure. In meeting
of the Grand Council of the Repub-
lican Peoples party yesterday en-
phasis was placed on the clause in
Turkeys pact with the Allies which
says she does not need to take any
action which might bring her into
conflict with Russia.
Even the Allies. apparently, do not
want Turkey to plunge into the war
at present.
Hungary, meanwhile, is adapting
herself to a rigid routine of air-raid
precautions. Budapest went through
practice alarms and a blackout yes
terday and last night, with elab-
crate organization of the city's pop
ulation.
Evening star., 1940-06-15
Berlin
Continued From First Page.)

indicated that the French were fall
ing back at many points and re-
ferred to them already as the de-
feated enemy"
Behind the unceasing German
pressure was the double aim, ap-
parently, of repeating the tactic of
erveloping groups of Allied forces
and of preventing them from dig
ging in on a strong line south of
Paris.
100000 Declared Taken.
Capture of 100000 Allied prisoners
and seizure of inestimable quantities
of war materiel in the last 10 days
were reported by the high COM
mand.
Nazi sources, declaring that what
remains of Frances armies is on the
verge of collapse, said the French
hastily were attempting to patch
up new divisions from the remains
of those pushed back and defeated.
The evident satisfaction with
which the high command mentioned
the Reich's war flag on the Palace
of Versailles led many to believe
that some further dramatic step
some speculated on an appearance
by Adolf Hitler-was in store for
that historic spot.
Crews of technical experts are en-
route to Paris to take over what
ever establishments may be impor-
tant for the German war effort, in
formed sources said.
Military communications already
have been established between the
occupied French capital and Ber-
lin, but, apparently, that is the only
connection so far.
One source said some form of
civil administration probably would
have to be organized by the Ger
mans in Paris just as were estab-
ished in the five other capitals
taken by the Germans in the past
three months-those of Denmark,
Norway, Luxembourg, Holland and
Belgium.
What form it would take was un-
certain, but the situation now is in
the hands of the army entirely.
Paris police, firemen and other
municipal services, however, prob
ably will continue to function.
All monuments in Compeigne es-
capped unscathed in the fighting and
the famed cathedral at Rouen was
saved from harm by German troops
when it was threatened by fire, au-
thorized military informants said.
Informed circles said the German
communique in the next few days
probably would not contain many
details on operations on the Maginot
Line and the Paris region because
of the important military strategy
involved.
Deep Thrusts in North France,
The onslaught on the French for
tilted line was simultaneous with
the deep thrusts of German forces
through Northern France.
Progressing to what the German
Evening star., 1940-06-15
Chevy Chase Methodist

Youth day will be observed Sun
day with the Rev. Edward Gardiner
Latch preaching at II am. on Let
No Man Despise Thy Youth" The
several groups of young people will
be honor guests at the service and
young people will serve as ushers.
All Of the groups of young people
Will meet together at 6:45 pm. and
have as speaker Representative
Jennings Randolph of West Vir-
ginia.
Evening star., 1940-06-15
War Communicates

ties beyond the border Enemy at
tempts to hinder our action failed
and some prisoners were captured
At dawn on June 13 units of our
fleet came into contact with an
enemy naval formation composed
of cruisers and destroyers.
An engagement resulted during
which coastal defences of Che fleet
also went into action.
The torpedo boat Calatafimi at
tackled with torpedoes two big de-
stroyers, one of which sank.
Localities on the Ligurian Riviera
were attacked by fire from enemy
ships. Several civilians were killed
and wounded.
Italian aircraft, in spite of bad
atmospheric conditions, carried out
fresh and effective bombing of
military objectives in Malta and
made number of reconnaissances
on enemy bases.
An enemy submarine was sunk
by our flying boats.
In Italian North Africa, the
enemy renewed its attacks with
numerous armored elements against
our border posts on the Egyptian
frontier. The attacks were checked
and effective action by our aviation
with machine guns and the drop
ping of small bombs from low alti-
tudes obtained considerable results.
Their has been intense air recon-
naissance activity over Tunsian ter
ritory.
In italian East Africa, our ayia-
ton, besides numerous reconnais-
sance flights beyond the border,
made incursions in waves on the air
and naval base of Alden on the night
of June 13, scoring direct hits on
objectives and shooting down enemy
pursuit planes. One of our planes
failed to return.
In the afternoon our aviation
bombarded the air base of Wajir.
destroying three planes on the field
and seriously damaging buildings.
All of our planes returned.
On the afternoon of June II and
on the night of June l3, six English
planes bombarded the village of
Gobuein and the air field of Assab
without causing much damage. En-
envy aviation carried out several
night raids on certain cities of Gen.
tral and Northern Italy. Particu-
lars are being given in another COM
munique.
Evening star., 1940-06-15
Italian

Italian
ROME, June IS (P).-The Ital-
ian high command conmunique
said:
On the Alpine front a previously
arranged plan has been perfected
with the occupation Of some local.
Evening star., 1940-06-15
British

LONDON, June IS (P)-The
Admiralty communique tollolDs:
The secretary of the Admiralty
regrets to announce that H. NJ S.
Calypso Capt. H. A. Rowley) has
been sunk by an italian U-boat in
Mediterranean waters. One officer
and 38 ratings are missing and it is
feared that they have been lost.
In home waters H. M. Trawler
Myrtle tChief Skipper w. G. Cleve-
land) and Ocean Sunlight (R. J.
Crane) have been sunk by enemy
mines.
1t is feared that there are no sur
vlvors from H. M. TraWler Myrtle.
Evening star., 1940-06-15
King Carol Reported Asking Turkey to Maintain It's Neutrality
R. A. F. Seeks Recruits;
28-Year-0Id Men Called
BY the Associated Press.

BY the Associated Press.
LONDON, June 15-The Royal
Air Force issued a call for volun-
teers today-for men from 18 to %
for training as pilots and men from
18 to 80 as observers and radio
operators.
The r. A. F. also opened a special
recruiting bureau in the financial
and business section of London
Registration Of ar estimated 300,-
000 28-year- men for military
service began throughout Britain
and will be completed before night
fall.
The Wilmington morning star., 1940-08-21

NEW YORK, Aug. 20.-R-The
Canadian dollar declined IL cent
to 86 1-8 U. S. cents in the foreign
money market today.
Exchange circles contrasted the
decline with the recent stability
of the dominion money. Trust de-
mand has been the chief prop for
the unit.
The free pound sterling rose / IL
cents to $4.03, just IL cent below
the official selling price of the
bank of England. Brokers report
ed turnover has dwindled steadily
since Britain frightened her war
time restrictions.
Currencies of Hongkong a n d
Shanghai continued under pres
sure. The Swiss franc was I'M
changed.
Closing rates follow Great Brit
ain in dollars, others in cents)
Canada: Official Canadian con-
troll board rates for U. S. dollars:
buying 10 per cent premium, sell
ing II per cent premium, equiva-
lent to discounts on Canadian dol
lars in New York of buying 9.91
per cent. selling 900 per cent.
Canadian dollar in New York
open market 10 7-8 per cent dis
count, or 1912 1-2 U. S. cents.
Europe: Great Britain, official,
bankers foreign exchange COM
mittee rates., buying $4.02, selling
$4.04; open market, cables 4.O3.
Germany 40. Don; (benevolent) 49,
So; Finland 2.05n; Greece SO;
Hungary 19.50n. Italy sos; Portu-
gal 1856; Rumania .48n; Sweden
23.87; Switzerland %. 80: Yugoslav-
ia 2.35n.
Latin America: Argentine Off
cial 29.77; free 22.75; Brazil Off
cial Cos: free sos; Mexico 2O.35.
Far East: Japan 23.48; Hong
kong 22.57; Shanghai 5.61.
Crates in spot cables unless 9TH
erWise ~indicated.)
N-nominal. 3
The Wilmington morning star., 1940-08-21
No. 3 range follows:
RICHMOND

RICHMOND, Va, Aug. 20.-R-
Hogs good and choice 1870 to 225
lbs. $685., $6.75. 100 to 120 lbs.
$4.75 to SOS: 12O to 140 lbs. $5.25
to SIS; 40 to 100 lbs. $575 to $40;
100 to 100 lbs $500 to 6.55; 225 to
$50 lbs. $6.05 to $685.; $50 to 300
lbs. $5.75 to 6.25; over 800 lbs.
$5.e5 to 6.15. Sows under $50 lbs.
$3.50; over 80 lbs $3.50 to 500.
Cattle $500 to 800. Fat dairy
type cows $500 to 800, Gamers
and cutters $3.75 to ATS. G d
heavy sausage bulls $500 to ZOO,
light weights $500 to 600.
Vealers top $1,000 on good and
choice offerings.
Spring lambs steady. Good and
choice 500 top, mediums9 $500 to
800, common $500 to 900. 3
The Wilmington morning star., 1940-08-21
BOND AVERAGES


CHICAGO, Aug. 2O-R-The hog
top slipped under the 81 mark te
$685. on a steady to 10 cents lower
trade today. Slaughter steers sole
less actively but generally steady
with some further concessions or
lower grades. AL classes of sheer
sold fully steady.
Hog buyers tried for lower prices,
bidding 10 to Is cents under yester.
days average, but most sellers hello
out for steady prices. Receipts totaled
1900 of which 5000 packers had
sent direct.
Strictly grain fed heifers moved
strong. But grass cows and bulls at
Sill downward.
u. S. Dept. Agr.eSalable hogs
$4,000; total 1900; general; trade
steady to 10 lower than Mondays
average; top sos sparingly; bulk
good and choice 190-240 lbs. 6.s5-9O;
240-270 lbs. generally 6.3O-75; some
10000 Id. averages 5.9O-6:4O; 3OO-33O
lbs. 5.7O-6.O0; strictly choice 1S0.19O
lbs. around 6.S5; smooth sows $50
lbs. down 5.40-65 largely; few butch.
er kinds 5.75-S5; most 36O-450 lbs.
4.S5-5.35; shippers took 1000; hold
overs 1000.
Salable cattle 1000; calves 1000;
general trade less active; choice fed
steers and all yearlings steady how.
ever; strictly grain fed heifers
strong; order buyers still a competi-
tive factor in general market; but
steers Of value to sell at HOO down.
ward 10 to Is cents; instances 25 off
on common and medium kind; large
ly steer run; top 1925 paid for light
steers and 1915 paid for long year.
lings; grassy kind scarce however;
fed heifers scarce; comparatively
liberal run grass cows here; these
1918 lower; bulls 1915 off; vealers
steady; most cutter COWS SIS down;
practical top heavy sausage bulls
1925 with 7.4O paid; vealers 11.5O
down; stockers and feeders fairly
active.
The Wilmington morning star., 1940-08-21
NEW YORK COTTON

NEW YORK, Aug. 2O.-RA
Light hedging pressure paved the
way for gains of 3 to 2 points in
cotton futures today.
Firmness of security prices en-
couraged local demand and trade
price fixing took care of such hedg.
ing as appeared. Support was aug
mented by occasional nibb1es from
Japanese and Worth street inter-
ests.
Reports from Oklahoma indicat-
ed a larger harvest than last year
although the crop in important Sec
tons was about 3 weeks late. The
spot basis in Texas was said to
have hardened considerably b t
mill demand continued curbed by
slow movement of textiles.
Persistent government demand
for certain types of cloth, notably
ducks and combed broadcloths, has
resulted in tightness in these items,
Worth Street reported.
Exports Monday 1896 bales; sea-
son so far 1881. Port receipts 49,
181. Port stocks 2,465, 1857.
Range follows: 4
The Wilmington morning star., 1940-08-21
S. Revenue
Act Of, 1910
RV M A rc g
INDIVIDUAL CAPITAL GAINS
AND LOSSES
BY CHARLES S. LOWRIMORE
c.. p. A.

Capital gains and losses of in
dlvlduals arise from the sale or
exchange of capital assets, which
are defined in the Internal Reven.
ue Code as follows: "The term
capital assets" means property
held by the taxpayer whether or
not connected with his trade or
BUSINESS, but does not include
stock in trade of the taxpayer or
other property of a kind w h i C h
would properly be included in the
inventory of the taxpayer if on
hand at the close of the taxable
year, or property held by the tax
payer primarily for sale to custo-
mers in the ordinary course of his
trade or business, or a character
which is subject to the allowance
for depreciation as provided in Sec
ton 23Q)."
This in effect means that an in
dlvidual operating a business
would not consider the inventory
OF merchandise or stock in trade
as a capital asset, neither would
he, consider machinery. Equipment
delivery trucks, or any other asset
used in the business upon which
depreciation was allowable as a
capital asset. The building in
which the business is conducted
would not be a capital asset, how
ever, the land upon which it is
Situate would be a capital asset
under the definition of the CODE.
The capital gains and-or losses
arising from the sale or exchange
OF capital assets by the individual
are divided into two seperate clas-
siflcations, % Short term capital
gains and losses, and . Long
term capital gains and losses. The
class into which each TRANSACTION
is segregated depending upon the
time the asset has been held by
the individual.
Short term capital gains q n d
losses arise from transactions in
volvlng assets that have betGl held
for not more than 10 months.
Long term capital gains a n d
losses arise from transactions in
volving assets that have been held
by the taxpayer for more than Is
months. 3
The Wilmington morning star., 1940-08-21
Churchill Says Fear OF
Reds May Force Hitler
To Limit Air Attacks

LONDON Aug. 20 F) Fear of
Russia's air power eventually may
compel Adolf Hitler to limit his
aerial attacks on Britain, Prime Min
lister Winston Churchill suggested
today in his war report to the house
Of commons.
Speaking of the air battle for Bril-
tain, the prime minister said Hitler
would continue the air onslaught
"as. long as he has the strength and
as long as any preoccupations he
may have in respect Of the Russian
air force allow him to do So"
This reference to Russia appar-
emily was extemporaneous because
it was not in the manuscript of
Churchill's address distributed in adj
vance to the press.
The Wilmington morning star., 1940-08-21
NEW YORK SUGAR

NEW YORK. Aug. 20.-R-
Sugar futures advanced sharply to.
day after a morning reaction and
closed l IL to 3 points higher on
sales of 1850 tons.
September dipped to the previous
low Of 63-100 of a cent a pound,
rallied to a net gain Of 6 IL points.
then reacted to close up 3 at .68 b,
Dec. ~ LIB.
The domestic list lost early gains
but a decisive trend was dis.
couraged by inactivity in the raw
market. Final quotations were
higher to l lower on turnover OF
18, 300 tons.
Raws were offered at 2.65 cents
a pound but were believed avail.
able lower.
Refined was unchanged locally
at 4.20 to 4.35 cents.
M z RANCE f~o11ouc. A
The Wilmington morning star., 1940-08-21
INWARD BOUND
CHICAGO GRAIN

CHICAGO, Aug. 2O.-R-Grains
made their best show of strength
in some weeks today, wheat ad-
vancing as much as two cents a
bushel at times. Deliveries of all
grains closed at or near the best
levels of the day.
After a slow start with both
wheat and corn selling below Mon.
days final prices, the tempo OF
trading suddenly increased and an
upward trend was maintained
throughout the session.
Final prices for wheat were 1 IL
to l 7-8 cents above Mondays clos.
ing quotations, with the May de.
livery in the vanguard. The Sep.
TENDER contract closed at 70 Il
to 3-8; December 70 IA to 3-8 and
May 70 IA to 3-8.
The firm tone here was attribut-
ed to strength of the Minneapolis
market. Most of the day, the north,
west market led the price upturns
in American markets on buying at.
tributed to mills and an apparent
lack of any important hedging
pressure. The close at Minneapolis
was l 7-8 to 2 IL cents higher,
the latter on the September deliv.
cry. While the Kansas City market
Jagged much of the time, a closing
squirt there pushed prices 2 1-8 tc
2 IL cents higher.
A feature of the market was the
ability of the September wheat
contract to follow the advance in
the deferred positions despite some
further occasional liquidation pres.
sure.
The Wilmington morning star., 1940-08-21
Franklin High Will
Open Thursday, Aug. 20

KERR, Aug. 20. - The Franklin
High school will open at $50 o'clock
Thursday morning, August 20, fol
the fall term of the 194O-41 session,
Robert R. Walker, principal, an
nounced today.
Parents are urged to enter their
children in school on the opening
day and if possible come with them
on that day, Walker said.
The school will close two days
Thursday and Friday, of Thanks
giving week, during the fall tern
of four months which closes Deem
Der 20. A spring term of four months
will begin December 80.
Teaching personnel is practically
the same as last year. A successor
has not been appointed as yet t.
Miss Estelle Russell, music teacher
Of last year, who resigned to TAXI
up work elsewhere.
The Wilmington morning star., 1940-08-21
LIVESTOCK

CHICAGO, Aug. 2O.-R-U. S.
Dept. Agr.)-Potatoes, arrivals 81,
on track 174, total U. S. shipments
1872; supplies moderate, demand
rather light; m a r k ct slightly
stronger for Idaho russell Bur-
banks, market about steady for
other stocks; Idaho russell Bur-
banks U. S. No. 1, 2.15 to 2.25;
Idaho bliss triumphs U. S. No. l,
1.50 to 1.65; Idaho long whites U. S.
No. 1, 100; Oregon bliss triumphs
U. S. No. l, 1852 10 to 1.65; Mime
sofa early Ohios Ito; Minnesota
cobblers ITO to LIS; Nebraska
cobblers generally good quality
lbs to 100; Nebraska bliss tri-
umphs good quality 100 to 1.60. l
The Wilmington morning star., 1940-08-21
N. Y. OIL

NEW YORK, Aug. 20.-R-Cot-
tonseed oil futures rallied today
after the September delivery had
flirted with the recently establish
ed seasons low. Final quotations
were off Il to 2 points.
The advance in grains and stocks
prompted rebuying by early sell
ers.
Sales totaled 1874 lots; Sep. $50,
Oct. Sal, Dec $50 bid, Jan. 5.56,
Mch. 5.63.
Crude oil was unchanged at the
nominal prices of 4 IL cents a
pound in the southeast and valley
and Ais to 4 3-8 in Texas. 4