davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-21
Favorable Profits Trend
Seen for Steel Firms
Special Dispatch to The Star.

special Dispatch 10 Inc star.
NEW YORK, Oct. 21.-Steel oper-
ations promise to continue at 80 per
cent of capacity or better for some
time, according to a survey of the
industry by Standard Statistics Co.
Increasing costs may narrow mar
gins somewhat, since no price adj
vances are currently indicated, but
heavy volume should produce 1910
earnings we'll above those of 1887 for
most major companies. Excess
profits taxes will be little or no bur-
den to the large, integrated produc-
ers.
The increasing need for steel in
defense of the British Empire indi-
Gates no slackehing in the heavy
export demand as long as Britain
holds out against the axis powers.
The United Kingdom and Canada
combined took rs per cent of the
iron and steel exported from this
country in August and may well take
larger quantities in coming months,
since armament production in Can
ada is rising steadily, hostilities in
the Near East are intehsifying, and
there is increasing possibility of new
outbreaks in the Far East.
Illustrating the tremendous
amount of steel being used in the
current war, it is estimated that
each nights anti-aircraft barrage
over London consumes around 5000
tons of steel.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-21
Stock Averages
CO. Stock Range Since 1927:
By VICTOR EUBANK,
Associated Press Financial Writer.

Associated Press Financial Writer.
NEW YORK, Oct. 21-Stocks
generally held to do-nothing
groove in today's market.
1t was a sluggist session. with
transfers running to around $50 900
shares, and prices for the most part
were too narrow to give any real
meaning to ticker-tape variations.
An assortment of recent indus
trial favorites never did get ahead
and, after hesitant start. mild ir-
regularity prevailed to the close.
While fractional declines were lib
orally sprinkled over the list. hand
full of Specialties managed to make
a relatively good showing.
The market, brokers said, still
was confronted with a number of
problems sufficiently obtuse to
handicap potential buyers. These
were: What is happening in the
Balkans? Can the r. A. F. continue
its thrustS at German and Italian
territory? Is the simmering Far
Eastern situation getting ready for
a blow-off? Will swiftly rising do
mestic taxes hit stockholders in
their dividend belts? Which way
will the election campaign swing
in the next two weeks?
At the same time the defense
steamed business machine remained
on the upgrade. A case in point was
the estimate of the American Iron
& Steel Institute that this weeks
mill operations would advance 05 Of
a point at 949 per cent of capacity,
a new peak since the organization
began to publish its weekly compila-
ton in 1888
Behind most of the time were
United States Steek Republic,
Youngstown Sheet, Chrysler, Gen.
eral Motors, United States Rubber,
Sears Roebuck. Montgomery Ward,
Du Pont, Allied Chemical, Eastman
Kodak, American Telephone, West
ern Union, American Smelling and
Texas Corp.
Crucible Steel was supported, and
resistance was exhibited by N. Y.
Shipbuilding, Nash Kelvinator,
American Hawaiian Steamship,
Douglas Aircraft, Boeing, Westing-
house, Kennecott and American
Can.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-21
Budd Has Misgivings
On Railroads Future
By the Associated Press.


AURORA. Ill. Oct. 21.-Ralph
Budd. president of the Burlington
Lines. today said at the goth ami
versary of the completion of the
first l2-mile section of the Burling-
ton Railroad. that it was difficult
to avoid some misgivings on the
future of railroads.
Speaking at a historical pageant
which celebrated the completion on
October 81, 1850, of the 12-mile- long
Aurora branch railroad between
Aurora and Turner Junction. now
West Chicago, the first completed
section of the present Chicago, Bur-
lington e. Quincy Railroad. Budd
said the railways trouble is f1nan-
cial"
MY misgivings about the future
Of the railroads." Budd said, ARE
not based upon fear that they will
cease to be essential as a most i'm
portant part of the Nations trans
portation system. The railways
trouble is financial: their inability
10 earn a return on lne investment.
Failure to recover their earning
power would not be determining,
however. as to the necessity for
the main network of railways which
constitute our national system.
The future of our railways de-
ponds upon the stability of our
three-point foundation, namely. the
public, the employees and the own
ers. Like all three points supports,
the failure of one is disastrous to
the entire structure Fair treat
ment of the employees and the own
ers of the properties will enable~the
public to receive the very best serv-
ice at fair rates This should not
be too idealistic hope to express"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-21
Steel Expert Advocates
Return 10 Bessemers
By the Associated Press.

By the Associated Press.
CLEVELAND. Oct. 21-The Ma
tional Metal Congress was told to-
day the United States could speed
up steel production for defense pur-
poses by returning to the Bessemer
process.
The steel-making method, which
fell into comparative disuse through
a trend toward open hearth produc-
ton, was described by H. w. Ora
ham. director of the metallurgy and
research for the Jones g. Laughlin
Steel Corp. at Pittsburgh.
Of immediate interest to the
five-day congress opening today,
were possibilities for increasing pro-
duction through greater use of exist
ing Bessemer facilities, and at the
same time conserving the Nation S
strategic supply of scrap.
THE Bessemer process is more
than sufficient on scrap and
produces scrap as by-product,"
Graham asserted in an address.
The open-hearth method con-
stantly uses more scrap than it pro-
duces and this deficit must be sup
piled by trade scrap originating
from previously manufactured steel
articles"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-21
United Light & Power
Files Amended Plan
Ry the Associated Press

By the Associated Press
CHICAGO, Oct. 21.-The United
Light and Power Co of Chicago an
nounced it had filed an amend
ed application for plan of
disqualification with the Securities
and Exchange Commission.
The plan contemplates only one
class of capital stock, totaling s70,-
100000 on 100000 shares of $40
par value. Each share of the present
preferred stock would be reclassifled
into six shares of the new stock and
each share of the present Glass A
and Glass B common stock would
be reclassified into one-tenth share
of the new stock.
The original plan was filed with
the S. E. c. July IA 1910, the amend
ment being for the purpose of
establishing a basis for allocating
the shares of new stock among
present stockholders. Each share of
the new stock would entitle the
holder to one vote.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-21
Foreign Exchange
NEW WORK. Oct 81 a

NEW YORK. Oct y LP-The Canadian
dollar rose 10 cent to s6ss United States
cents in the free foreign money market
The dollars of HoQg Kong and Shanghai
also improved. but other currencies, in
Guiding sterling at 4.O3, showed little
Late rates follow Great Britain in dol
lars, others in cents):
Canada
Oficial Canadian Control Board rates
for United States dollars, buying 10 per
cent premium, selling IL per cent premium
equivalent to discounts on Canadian dol
lars in New York Of buying 991 per cent
selling 900 per cent
Canadian dollar in New York open mar
ket. 1884 per cent discount or s6.62h
United States cents.
Great Britain. Official Bankers Foreign
Exchange Committee rates., buying 4.02
selling 4.04 open market, cables. 403:
Germany. 40.O5n benevolent 1870; Fin
land. 2.05n; Greece .6s; Hungary. son;
Sweden. 1887; Switzerland. $500; Yugo-
Argentine. ofhcial, 2977: free, $3.50;
Brazil. ofiicial, sos: free, sos; Mexico,
2O.S5n.
japan: a34s; Hong Kong, ss1e: shans-
crates in spot cables unless otherwise
tndicated.) n Nominal.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-21
Chicago Grain
By the Associated Press.

by lIle Associated HTeSS.
CHICAGO. Oct. 21-In the alb
sence of any new trade develop
ments over the week end, wheat
prices today moved listlessly through
narrow range.
There was some hedging from the
Northwest as well as scattered profit
taking, which caused prices to dip
about u cent at times, but this was
offset by short covering attributed
to an elevator interest and possibly
some mill buying Reports indicated
prices were not high enough to slim
ulate increased country sales or
withdrawal of loan stocks, although
the amount of grain going into stor-
age under loans has diminished.
Some No. red wheat sold at 92ls,
or liz cents over the basic loan
rate here.
Wheat closed unchanged to "a
higher, compared with Saturday;
December, 1884,; May, 843s-l4.
Corn, IS off to Is up; December,
S0Jol.s Nov E1IE note L;-l.1~
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-21

Cash wheat. No. : red. 92Ia: No. I
mixed. s5la. Corn, old. No. 4 mixed. 81:
No. yellow 66l2-6134: No. . 6654: SAM
pie grade, ga i7-66i7: new, No. mixed,
81 "a, No: 3 yellow; $3.50, No; 4, 64+-
white. 36 No. 3. 34l2: sample grade. 80;
No. / white, heavy, 36-36l2; No. 4. SO a.
Barley. mailing. 1853 nominal; feed. 35-
A. nominal Soybeans. No. 2 yellow. ST.
S2A: No. 3. sO14-s2ha; No. 4, 79a. so.
Field seed. per hundredweisht. nominal;
timothy seed. 3.65. slsike, a.00-11 90;
S00-10.OO.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-21
Rubber Bonds Lead

AKRON, Oct. 81 (SpeciaD Rub
Der bands are used more widely
than any other of the $4,000 prod
ucts Of the rubber industry, accord
ing to statisticians of the B. F.
Goodrich Co. Annual production is
placed at more than 10000, 900 900
bands, made from the highest grade
crude rubber to provide maximum
elasticity.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-21
National Investors
Reports Asset Gain

Special DISPATCH 70 Inc Star.
NEW YORK, N. Y, Oct. 21.-An
increase in the asset value from
s4.95 per share to s5.46 per share
during the third quarter, or 1913 per
cent, is shown by the September 30
interim report of National Investors
Corporation.
For the nine months ended Sep
TENDER 80, the asset value declined
from s605 to s5.46 per SHARE de-
cline of 9.8 per cent.
Continued emphasis on growth
stocks" is indicated by the portfolio
holdings. Approximately 80 per cent
Of the assets at September 80 were
invested in common stocks.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-21
Asset Gain Reported
BY Investing Firm
By the Associated Press.

| By the Associated Press.
NEW YORK, Oct. 21.-Massa-
chusettS Investors Trust, an invest
ing company, reported today net
assets on September 80 equaled
$1818 a share, compared with $500
| on June 30.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-21
Failures TotuI Down

NEW YORK, Oct. 81 R.-Busi-
ness failures in the United States
decreased to 262 in the week ended
October II from 270 in the preceding
week, Dun & Bradstreet reported
today. A year ago failures totaled
277.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-21
lDu Point Profit
Tops Year Ago
I'm 9 Months
BY the Associated Press.

WILMINGTON, Del, Oct. 21.-E.
I. du Pont de Nemours g. Co. today
reported earnings on its common
stock of $3.50 a share for the nine
months ended September 30, 1910,
compared with s519 a share for
the nine months ended September
80, 1899.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-21
Odd-Lot Dealings
Ry the Associated Press.

Ry the Associated Press.
The Securities Commission reported to-
day these transactions by customers with
odd-lot dealers or specialists on the New
York Stock Exchange for October 10:
1905 purchases involving 32,146 shares:
/ 266 sales. involving 30,4s5 shares, in
eluding 10 abort sales involving SOS
mares,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-21

trading shares.
receivership
Bankruptcy Act securities assumed BY such companies
bu sements based the ast quarterly semi
Unless otherwise noted special dividends
included - "
dividend rights a Ae
cuulateo dydepds paid last Declared paid
Accumulated dividends paid Q declared = -
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-21

Cottonseed oil opened steady. october
ssh: January. 4 SOB; March, 5.00b: May
81 3: July. sob
b Bid. n Nominal.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-21
New York Cotton

BY the Associated Press.
NEW YORK. Oct. 21.-Cotton flu
lures moved narrowly today Mill
price fixing in near months and
Bombay buying of distant options
offset hedging by leading spot
houses and Memphis interests.
Although Texas cotton was reported
at tenderable basis. offerings were
light.
Late afternoon prices were l high
er to l lower: December selling at
949; May, 9.35, and October, SIT.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-21

Cottonseed Oil.
Bleachable cottonseed oil futures re-
covered somewhat in late trading today
after establishing new seasonal lows at
the outset. Renewed refner hedging in
Nav couples with easness in lard and
liberia swine receipts brought about the
decline Demand was scattered Mid
day prices were off . to ) points. De-
cember. 80 January. 535; March. 4 50;
MAY. SOB Crude oil was bid 4i7 cents
in the Southeast and 4l4 bid in the val
ley. Texas bid 4.1025, according to To-
cation.
New Orleans Prices.
NEW ORLEANS, Oct. 81 tP.-Cotton
futures were osiet and irregular here to-
day. Al noon prices were 3 points net
higher TO l lower.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-10-21

New York Bor Silver
NEW YORK. Oct. 81 CP.-Bar
silver, 3454, unchanged.
The Waterbury Democrat., 1940-01-23
5000, 900 PEOPLE
SAW "ICE FOLLES''

New Haven, Jan. % - Over 81
100000 people have witnessed the
Ice Follies, now in its fourth season.
The 1910 edition, which comes to
the Arena Monday, February 3,
through Sunday, February II. with
Inatiness on Saturday and Sunday,
IS far outdoing its predecessors at
the box office.
It's remarkable, this success OF
the Follies, but the show itself is OF
such D high standard that is sue
cess was only q question OF time.
Oscar johnson and Eddie and Roy
Shipstead. producers OF Ice Follies,
have handed together the greatest
array Of skating stars In the world.
Ice Follies Is the most well-balanced
troupe OF any ice revue In the
world at the present time.
Bees Erhardt, Evelyn Chandler,
Fran Claudet. Roy Shipstead, john
son ana Shipstad. Bruce Mapes,
Herie Brock. Horace Legg, Osborne
Colsml. ETick and Track, Paper and
zwack. Is Hamilton, the Mcclellan
brothers. and host Of others, go
toward making up q unit which Is
"streamlined Ice Champions
The Waterbury Democrat., 1940-01-23
Additional Sports
c. L. p. Mixed
Bowling League


(By Lefty
'Well, Joe, the Jets are In first
place, right where they belong" said
Doc Leonard to his captain, Joe
May. "And wen hold that lead like
Horatius held the bridge"
Who was Horatius A dental
mechanics ASSISTANT" asked Joe.
mo, be was the host at a card
party" said Doc '.But shouldn't
we be . little afraid Of Bill Egan's
team?"
II think not" said Joe. For while
! am too modest to claim that we
i. are the best team In the league.
gtill my Inherent honesty conpels
me to admit that there Is no other
team as good"
'"That Hicock, Egan cornbo is pref
ty tough" Said Doc doubtfully.
do you think we can stand the
PAGER"
Wen stand the pace all right,
said Joe. "WelI take those other
tsan1s like the Russians take it on
the cfin."
speaking Of the Russians" said
Doc, 'it's worth a fin to each mem
Der Of the team that wins this
league SO I guess we'd better stay
up there"
Nov you're talking" said Joe.
"Jllst mention the amount Of the
first prize money to Peg Dunn and
there isn't any team in this league
goin' to beat us. Not when Peg
thinks Of that money there isn't!"
Thou speakest true, Joseph, said
Doc and he added an old Saxon
proverb, sic transit gloria mundP.
More Lexicon
abject-aim or purpose-The abb
ject OF bowling is to knock down all
tie pins.
abominable to the
stomach. ex. Bowling will reduce the
abominable region.
dodder-female child. ex. Chris
Braun's dodder bowls with the Soc
ketS.
aocede-accede is what you plant
in the garden.
accomplished bowl 1856 is to ac-
complete something.
accurate-the assistant to the pas
tor.
acid-to inquire, to implore. ex. He
acid them to bowl with his team.
Robert z. German, well known
gentleman Of the Hill, Is teaching
Betty Bergin all the Yale cheers so
that she may urge her team to VIC
tory in the collegiate manner.
The league had an interesting
match with the Sacred Heart Club
mixed league last Saturday at the
Chase alleys. Everybody had good
time and that is what we want
whether we win or lose, and al
though we lost last Saturday the
return match next Saturday at the
Mastatuck alleys will have a differ
ent ending we hope. Being greatly
handicapped by the absence of two
Of the male bowlers for this first
matchc we hope to have full squad
in the return tuSsle so that we can
have a really true representation of
. the G. L. p. Mixed league. We still
think we have the fastest mixed
league in the city and if you don't
think so watch the list Of averages
next week.
The Waterbury Democrat., 1940-01-23
Dial Doings
BY jim PARKER

Secret Diary WAT on
interesting hts hng
experiences Cks yesterday morning NOW Fay who
life wondering whether not TO accept Ha"
ODDS invitation with him the weather improves
Washington Hobby Lobby broadcast
getting six senators 70 tell about their hobbies new local
featuring Of WATR Thrs-
this week The band l2man combination which
places Connecticut dancrcies within the next few
Milton Kaye whose recas heard WAT-
Tuesday morning HIS recently tried emulate the In
Water Supply
his listeners how low New Yok water had
fallen decided old trick the Indians and produce
rain suggestion For his that day used rain
he could think Of except RAIN RAIN Away Next
It raned.
The Waterbury Democrat., 1940-01-23

Scovill VS.. Blake g. johnson should
be the best contest while Ingersoll
may give Brass a tussle. Ingersoll
took two from Brass at their last
meeting.
Rene Duchene will be seen in &C.
ton tonight with the Waterbury Tool
Co. team and should strengthen the
team an dgive them new vigor. Rene
is dangerous man in any league.
Ingersou showed well last week,
taking two out Of Waterbury Mfg.
Co. and both teams rolled over 600
in all games.
Simpson, Galuppo. Pape, Martin
and Marinelli all hit over 400 last
week.
The Waterbury Democrat., 1940-01-23

LOST-Lady's black bag containing
money, beads and papers valuable
to owner. Vicinity IS. Peter and
Paul's Church. Reward 4-6440.
The Waterbury Democrat., 1940-01-23
DR.. GODFREY ON
HEALTH FORUM

DR.. Edward j. Godfrey, city
health officer will be heard over
WATR today at 5 o'clock on the
weekly program Of the Waterbury
Medical Association. DR.. Godfrey's
subject will be .'Diphtheria-Its Pre-
vention and Control"
Next Tuesdays speaker will be
DR.. S. M. Atkins, who will discuss
1.-THE Value Of x-Ray In Medicine"
The Waterbury Democrat., 1940-01-23
When You Want To Buy, Sell Or Swap The Cheapest And
Quickest Way Is To Advertise On This Page


BROWN WALLET - Lost Friday
night between Grand and Scovill
SITS. Contains sum Of money and
Identification card. Phone 4-2l21.
A. Paris.
The Waterbury Democrat., 1940-01-23
Automobiles
Auto Parts 8 Accessories

EXIDE BATTERIES
JOE'S TIRE SHOP. 241 North Main
The Waterbury Democrat., 1940-01-23

Two former I'VE the People" guests return the Gabriel Heater
broadcast tonight to tell Of their subsequent experiences relation
to the program One Capt zeb Ton 74yer-old captain
who appeared with Heater
trying to marry Grace Mcdonald Now result his coasto
coast proposal Capt Zeb married other
William 1cNAulln
peared the to offer her
then her blood has saved eight
viewed by Heater at 8 tonight CBS-WABC.
NINE more important stake races from Mams Haleah Park will be
BROADCAST over WATRMBS from March majority
races will be aired on Saturdays from AIS to 445
uuals popular Saturday night quiz
RADIO Daily popularity
quiz Bob Hawks
markane feat and proved radio Program
aired network Of five stations
Indications are that the it had wider coverage
placed high among the leaders As his contribution the
ZION OF the presidents birthday Bill cCne
favte selection Home the during
WAIR-5S on January rs at $50 and January 20 at $780,
Next four bands Nutuals Week" are to be
Mitchell Ayres AL Goodman Bob Chester Osborne NAL
colin Mcdonald Of Great rn
The topic Of his talk will be 1.-THE
Arthur Godfrey got OF cute qqp the other
Mutual network show Said the Washington mike
saany man can smoke pipe but Flu Manchu"
series OF
European correspondents every from 1918
to 1880 p. m. " -
The Waterbury Democrat., 1940-01-23
Legal Notices
LIQUOR PERMIT
IOTICE OF APPLICATION

This is to give notice that +.
Alex CieslalN of $50 South Main St.,
Waterbury, Conn, have filed an APP
plication dated Jan. 22nd, 1870, with
the Liquor CoYtrol Commission for
alcoholic liquor on the premises,
703 South Main St., Waterbury,
Conn. The business Is owned by
Alex Cieslak, of $50 South Main ST.,
Waterbury, Conn.,. and will be con-
Quoted by Alex Ciesiak, of $50 South
Main ST, Waterbury. Conn, as per-
mittee.
Dated Jan. 2snd. 1910. 132S-s0
The Waterbury Democrat., 1940-01-23
cows FORM HORSEPOWER

Chattaroy, Wash. - tUP) The
machine age doesn't worry Ray
Stott, a farmer. He uses two COWS
as horsepower" He has trained
the COWS to respond to gee and
shaw" while In harness.
The Waterbury Democrat., 1940-01-23

Schedule
Iugersoll VS.. Plume & Atwood.
Waterbury Tag VS.. Oakville.
Farrell VS.. Paper Box.
Patent Button VS.. Amer. Fastener
Mattatuck Mfg.-bye.
Ingersoll took all honors last week
with high game $50, high three
games 1889 and Miss Stasiunas 36l
for three and Miss Church 141 for
high single.
Ingersoll team and individuals
now hold all records.
The Waterbury Democrat., 1940-01-23

DENTAL PLATES 81
REPAIRED 8 Hours az
Your OLD Plate Made Like New
City Dental Laboratory l6l e Main
The Waterbury Democrat., 1940-01-23

Dear Jim: We haven't had from about the
Charlie MCCARTHY since shortened half hour
Haven't It? p. comment until
believing only fair the principals time adjust them
selves At FIRST bit uncertain in
his role but he has Sundays
program moved swiftly balanced and represents just about
the best radio variety think that guest
might be eliminated entirely deacng the
show Priscilla Lanes Sunday night rather point
hardly beneficial
That's opinion remember-yOu EdJ
wATR. tonight 5000 wtby Medical Assn-Dr. E. oodfre
5:4S Little Orphan Annie $3.50 Bill McCune 715 Full
Ton Lewis, Jr 745, Ann Del Crosse $780, Morton Gould
95 Victor 1Mschni from
lO:l5, Toronto symphony 1880, Dick Jurgens.
The Waterbury Democrat., 1940-01-23
Industrial Games
Tonight
Schedule

Schedule
French VS.. Waterbury Mfg. Co.
Shoe Hardware VS.. Farrell Fdry.
Chase VS.. Waterbury Tool.
1ngersoll VS.. American Brass.
Scovill VS.. Blake g. johnson.
Rubber Chemical-bye.
The Wilmington morning star., 1940-01-23
Pittman Plans To Push
Naval Building Aid To
Latin-A American Nations

WASHINGTON, Jan. 22.-R-
Chairman Pittman (D-Nev) Of the
senate foreign relations committee
said today he would seek action
soon on a bill authorizing United
States navy yards to construct war.
ships for Latin-American nations.
The measure, % pending in the
senate, provides that 40 ships could
be built unless they were paid for
in cash and unless United States
shipyards had no pending work for
the American navy.
Pittman predicted the measure
would be approved, and said he
' ould make every effort to have
it considered in the next few weeks.
The senate foreign relations com.
mittee chairman's statement was is
sued after an Associated Press cor.
respondent apprised him of the fact
that the Chilean government had
issued instructions for inquiries e.
garding construction facilities here.