davidaulloa/AmericanStories huggingface dataset:
The Daily Alaska empire. [volume] (Juneau, Alaska) 1926-1964, 1940-09-06
COMMITTEES FOR
LEGION (0NCLAvE
NAMED YESTERDAY

Committees for the convention of
The American Legion were named
at the close of yesterday mornings
opening business session in the Elks
Hall
On the Resolutions Committee, A.
E. KarneS was named Chairman
with members j. c. Morris, Walter
The Daily Alaska empire. [volume] (Juneau, Alaska) 1926-1964, 1940-09-06
STOCK QUOTATIONS

NEW YORK, Sept s. = Closing
quotation of Alaska Juneau mine
stock today is AS, American Can
98A, Anaconda 23A. Bethlehem
Steel 8Oh. Commonwealth and
Southern N, Curtiss Wright 8as,
General Motors 48B. International
Harvester 46A, Kennecott 30, New
York Central 141a, Northern Pacific
7ia. United States Steel 571s, Pound
S4O3A.
The Daily Alaska empire. [volume] (Juneau, Alaska) 1926-1964, 1940-09-06
WEATHER BAD IN
FAR NORTH TOO

The Once OF lnolan Affairs ship
North Star has been held at VAIN
wright since week ago Thursday,
unable to unload in bad weather,
according to word received by the
office here.
The Daily Alaska empire. [volume] (Juneau, Alaska) 1926-1964, 1940-09-06
E5CApEMENT OF
SALMON SHOWS
GAIN OVER 1899
Thompson Returns from
Stream Survey : No
Over Seeding

All streams in the pink salmon
spawning areas adjoining Icy Strait
show better escapement than last
year, according to Seton Thompson,
Assistant Chief of the Division of
Alaska Fisheries, after a stream sur
vey on the Fish and Wildlife Service
vessel Brant.
Thompson said that very few of
the streams visited could be termed
well seeded and that most were still
far below capacity.
Several cannerymen accompanied
the fisheries official on his survey
Empire ClaSsifieds Pay!
The Daily Alaska empire. [volume] (Juneau, Alaska) 1926-1964, 1940-09-06
Hisa5hi Aso
Passes Away

TOKYO, Sept 6-Hisashi Also, 40,
one of Japan's leading statesmen,
died today as the result of a sudden
attack of the heart. He was the
leader of the Social Mass Party,
which WIS dissolved to support the
totalitarian government.
The Daily Alaska empire. [volume] (Juneau, Alaska) 1926-1964, 1940-09-06
TIP FROM A WAITRESS

PUEBLO, Col.-Customers W 0
would like to have the telephone
number of one attractive Pueblo
waitress don't have to ask for it.
She wears it neatly engraved in the
polish on her finger nails.
The Daily Alaska empire. [volume] (Juneau, Alaska) 1926-1964, 1940-09-06
Copper
Buying
Boosted

NEW YORK, Sept. 6.-Domestic
sale of copper yesterday ballooned
to 10000 tons, the highest single
days business in the memory of the
industry
buying accompanied the boost of
the price to 1872 cents pound.
The Daily Alaska empire. [volume] (Juneau, Alaska) 1926-1964, 1940-09-06

will not be responsible for any
debts contracted from this day eX-
cept by my own signature.
sdy GEORGE A. MILTON.
The Daily Alaska empire. [volume] (Juneau, Alaska) 1926-1964, 1940-09-06

Subscribe for The Empire.
The Daily Alaska empire. [volume] (Juneau, Alaska) 1926-1964, 1940-09-06
DOW, JONES AVERAGES

The following are today's Dow,
Jones averages: Industrials 1882,
down .98; rails 1924, down 05; util-
tiles 23.05, up .04.
Evening star., 1940-08-05
|taIy's Food Supply
Claimed 10 Exceed
Last Years Yield
Statement Is Made Despite
10 Per Cent Shortage
In Wheat Crop
BY the Associated Press.

BY the Associated Press
Italy claims, the Agriculture De-
partment reported today, that it has
a larger prospective supply Of food
for the coming fall and winter than
year ago, despite official estimates
of a wheat crop nearly 10 per cent
short of last years.
The wheat crop has been forecast
at 268, ,226, 900 bushels, described by
the department as nearly 10 per cent
below the large harvests of the last
three years, but corresponding close
ly with the 1s33-1937 average.
The department said the Italian
Ministry of Agriculture has stated
that stocks of several million quin-
tails" Zone quintal equals 367
bushels) remain over from past
harvests and that paintings of corn,
rice, potatoes and beans give pros
pect of exceedingly favorable"
crops.
Balance Held Satisfactory"
The foodstuffs balance, the min
istry said, lis satisfactory insofar
as predictable now, and in spite of
the reduced wheat crop, it shows up
in the aggregate in better condition
than that of last year"
The Spanish wheat crop has been
officially forecast at l21.253,000
bushels. Such a harvest, the de-
partment said, would be an increase
over those of recent years, which
were reduced by civil war activities,
but would still be below normal con-
sumption needs of the country.
Other Food Reports.
Other food supply reports from
war-torn Europe included:
Bulgaria has an indicated ex-
portable surplus of II 100000 bushels
of wheat.
At the behest of the British gov
ernment, New Zealand has inaugu-
rated campaign to increase pro-
duction of primary farm products
for the United Kingdom.
Greece reports 1910 wheat crop
of 34,170,000 bushels, compared with
38,290,000 year ago and normal
domestic requirements of about a.
00,000 bushels. Strict rationing was
forecast.
Evening star., 1940-08-05
19 Steel Companies
Show 300 Pei. Rise
In HaIf-Year Earninus
BockIoes Are Increasing,
Although Mills Work
Near Peak Production
BY the Associated Press.

BY the Associated Press.
CLEVELAND, Aug. 5.--A 300 per
cent rise in earnings for the first
six months OF 1910 was shown today
in figures from 10 steel companies,
representing 81 per cent of the in
dustry's ingot capacity.
A compilation by Steel disclosed
the companies netted s46,793.ll4 in
the second quarter. against $l1, ,450,-
492 in 1895 period. The figures for
six months were $91.225, ,128 in 1910
and $22,34O,862 in 1899.
This indicates the industry will
earn more than per cent on total
capitalization this year, the maga-
zine said, on the assumption that
current operations will hold through
out the year as the defense program
gets under way. This record has
been exceeded only once since
l929-in 1887.
Backlogs Are Increasing.
Currently backlogs are increasing
although mills are at almost their
peak production. Production last
week. at 90la per cent, was the high
est since mid-December and COM
pared with 1884 average for the
first six months.
Heavier steel products, bars,
plates, shapes and semi-finiShed,
are being bought more freely, the
low point apparently being passed."
the review said.
Tonnage of heavy armor plate,
over six inches, is estimated suffl-
cient to last mills into 1916. Produc-
ton facilities assure deliveries as
fast as shipbuilders can prepare ship
frames for its use.
Placing of 10000 tons of REIN
forcing bars for a Government air
station in New England at no more
concession than the heavy tonnage
warranted indicates a strong situa-
ton in this product, which has
shown weakness IN the past.
Scrap Prices Firm.
Scrap prices have firmed, the
composite of steelmaking grades ad-
vancing IL cents to $1S.29 Stronger
scrap prices caused an advance of 7
cents in the iron and steel composite,
to $3.50.
Railroad buying has failed to
hold the high rate of recent weeks. u
Production in the Cleveland dis
trict rose l5l2 points to 801a per
cent as one producer ended vacation
idlenesS, New England was up 5
points to 80 per cent, Wheeling 4
to 98, Eastern Pennsylvania 2 to 88
and Chicago y to 81. Three districts
went to lower levels because of fur
mace repairs, Birmingham 4 points
to 88, Cincinnati 4 TO 81 and st.
Louis "a to 62l2. Rates were un-
changed at Detroit, SO per cent;
Buffalo. 9oia; Pittsburgh, s61a, and
youngstown, IS.
Evening star., 1940-08-05
Better Weather Aids
Crops in Canada
Special Dispatch to The Star.

Special Dispatch to The Star.
MONTREAL, Canada, Aug. s.
"In the Prairie Provinces of Canada
cool weather and timely rains and
showers have checked deterioration
and crops on the whole are progress
ing favorably." according to the cur
rent crop report of the Bank of
Montreal. Crop conditions in Sas-
katcheWan are variable due to the
uneven distribution of moisture, but
summer fallow fields are generally
satisfactory. Crop prospects in AL
berta and Manitoba continue favor
able. Wheat is maturing rapidly
but harvesting will not be general
in Manitoba and Saskatchewan for
about two weeks. Grasshoppers are
numerous in some districts although
little further damage is reported.
Hail losses have occurred at scat
tered points. Pastures are in good
condition.
I'm Quebec Province crops have
made rapid progress during the past
week and prospects generally are
Ao'oi dbiC lOi dfCidSC yltluS, eSs
cept as regards fodder and canning
corn, which being still backward,
may be below normal in many Sec
tions. In Ontario crop prospects
remain encouraging in respect to
grain, corn, roots and apples; grapes
and tree fruits other than apples are
expected to give below average
yields, Tobacco has improved but
growth is below normal. A heavy
hay crop has been stored.
I'm the Maritime Provinces pros
poets are favorable for good crops
OF hay, grain, potatoes and other
roots, and apple orchards are max
ing satisfactory progress. In Brit
ish Columbia early hay yielded well,
but grain and later hay crops are
light. Tomatoes are a heavy crop
and most of the later tree fruits
promise average yields, except in
the later Fraser Valley where yields
will be light.
Evening star., 1940-08-05
j. ). Would Be Able
To Offset Food
Losses Due 10 War
But Immediate Outlook
For Farm Exports Held
Highly Unsatisfactory
py the A lSsociatpd ~-ass

Hy the Associated ~-ess.
The Bureau of Agricultural Eco
nomics reported today the United
States could if necessary export
vast supplies of food to offset loss
of production from Europe's war
fallowed fields.
In addition to taking care of do
mestic needs and exports to other
parts of the world, the bureau said,
the United States could send Europe
150,000,000 bushels of wheat. 40o,-
100000 bushels of corn, 100000, 900
bushels of barley, $50 ,000,000 pounds
of pork. 500,0oo,000 pounds Of lard.
250000,000 of other edible fats,
100000 pounds of dry beans and
large quantities of fresh. dried and
canned fruits and vegetables.
Outlook Is Unsatisfactory"
But the Agriculture Department
described the immediate outlook for
export of American farm products
as highly unsatisfactory" and eX-
pressed the belief that there would
be no improvement until after the
end of the European war.
Continental European markets
which furnished an outlet in recent
years for approximately a third of
United States farm exports. are now
closed
Except for an increase in the
demand for evaporated milk and
the possibility of some increases in
the demand for pork and for oried
and canned fruits and vegetables,
no improvement in the export situa-
ton is likely" the department said
in an outlook report.
Improved Domestic Demand.
Tie dark export outlook, the re-
port said, is being partially offset
by an Improvement in the domestic
demand
mo boom, no runaway prices are
indicated-simply sound improve
ment stimulated by increased in
dustrial production for national
dClCllSC-
This improvement was said to be
reflected in report of the Bureau
of Agricultural Economics that the
farm income from marketings for
the first six months of 1910 was
1926, ,000,0 900 higher than for the
same period last year.
Price Trends Are Mixed.
The department reported that
farm price trends in July were
mixed. Hog prices were strong, but
fruit and vegetable quotations
weakened as marketings recovered
from the effects of early spring
freezes. Prices of eggs, butterfat
and beef cattle made moderate ad-
vances.
Cotton growers, faced by what
the department described as a
gloomy export picture" have been
able to find consolation in increased
textile activity in this country. The
department said domestic mill con-
sumption of cotton for the current
marketing year now seems likely to
reach 7,750,000 bales. Consumption
in the past season totaled 6,858, 900
bales.
Evening star., 1940-08-05
Grace Says Industry
Will Refrain From
Arms Profiteerinq
Need Not Repeot Errors
Of Past, Bethlehem Steel
President Declares
BY the Associated Press.

BY tne Associated PreSS.
NEW YORK, Aug. Sc. G.
Grace, president of Bethlehem Steel
Corp, said yesterday he believed
American industry would refrain
from rearmament proflteering, de-
claring: mo true patriot will seek
to enhance his position at the cost
of national need and national vel
fare"
In an announcement to the en-
ployes of the corporation, Mr..
Grace wrote:
Two major problems now chal-
lenge our abilities and foresight
We must do cur part in supplying
the materials needed for the de-
fense program in addition to those
required for the normal economic
life of the Nation.
The thing to be avoided is a
boom condition such as has oc-
CURED at various times in our ma
tions, history. There are certain
mistakes of the past which need not
be repeated.
INDUSTRY today is more far
sighted than ever before. There is
no expectation of a period of un-
usual profits. The heavy tax bur-
dens in themselves will prevent
that. Moreover it is recognized that
a sound national economy requires
that prices be kept at reasonable
levels-particularly is this true with
respect to national defense ma
terials The defense dollar should
be made to stretch as far as pos
sible. ss*
The economic system should be
kept in balance by self-government
and self f-control.
The ability of industry to per-
form this role has been notably
demonstrated in the last decade.
In the business activity of 1887 there
was no tendency to profiteer. There
was no skyrocketing of steel prices
Il believe we shall continue to
operate on the same principles, with
costs, prices and earnings on a rea-
sonably stabilized basis. This is nc
time for any one to take advantage
Of distressing situation"
Evening star., 1940-08-05
Washington Produce

BUTTER-es score. tubs, 30h; 1-pound
prints, 81; A-pound prints, 81 80
score tubs ss G p Prints ses ae
1-pound prints, 80; h-pound prints, 30!a;
80 score. tubs 2SA; 1-pound prints, 2S34;
ioopound prints, 20; %,Dound prints.
2Sh; N-pound prints. 20.
LIVESTOCK-Calves,8 8: spring lambs. 8.
(Only markets open Monday)
Prices paid net fob. Washington.
EGGS-Msrket frm. Prices paid for
Federal-State graded eggs received from
gradins stutions !August 81. Whites .: S.
standards mediums, 1920; q. s. trades,
14-17. Browns U. s. extras, large, 1927;
U. 8. extras, mediums. 1928; U. s.. stand
diums. 17-1s; U. S. trades, I4-17. For
whites; 1917; mixed colors: l5-16:
stronger for some classes. Fowl. colored,
all sizes. 1919: No. 2s. 11-12; Leghorns,
hens. 11-12. BOOSTERS. SO. Chickens,
virginia Rocks, broilers and fryers; all
and crosses. broilers and fryers, all sizes,
1917; No. 2s. II. Leehorn broilers, all
sizes, IA. Mixed colored chickens 14-15.
Evening star., 1940-08-05
Foreign Exchange

NEW YORK, Aug. LR.-Far Eastern
currencies fluctuated nervously in rela-
ton to the dollar today, while Japanese
relations strained to the breaking point.
The Hong Kong dollar advanced .O4
Of a cent, but the Shanghai dollar lost
II Of cent. The Japanese yen was un-
The Canadian dollar slipped VI cent to
S6A United States cents:
while the Swiss franc added .o1 of q
Late rates follow (Great Britain in
dollars, others in eentsl:
Canada.
Oficial Canadian Control Board rates
Tor 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 9.91 per
cent, selling 300 Der cent.
Canadian dollar in New York open
market I3A Der cent discount, or 1878
Europe.
Great Britain: ofacial Bankers Foreign
Exchange Committee rates., buying, S4.02;
selling, S4.04: open market, cables, 3.SS:
Germany. 40.10n; (benevolent), 1905: Fin
land, 2.05n; Greece, SO: Hungary, 19.50n:
Italy. 5.05; Portugal, 3S7: Rumania, Sin:
Sweden. 1887; Switzerland, 22.75; Yugo-
Latin America.
Ar,g,entins, offeial 2s.7; free sS ";
Far East.
japan. 234s: Hons Kons. 23.19: Shans.
Rates In spot cables unless otherwise
indicated1, Nominal
Evening star., 1940-08-05
Free Pound Sterling
Coins Z Cents on Dollar

By the Associated Press.
NEW YORK, Aug. 5.-Following
an early setback, the price Of the
free pound sterling came up for
a weeks gain of around 2 cents in
terms OF the dollar.
Principal demand for the cur
rency came from importers of Brit
ish goods who, by virtue of having
made the commitments long ago,
were able to settle at the open mar
ket rate instead of the official level
Of S4.021z-$4.031a. The latter is in
effect for all commercial transac-
tions closed since the latest ex-
change regulations were promul-
gated by the British authorities.
After a succession of dips and
rallies, the open market rate for
the Canadian dollar rested on a
fractionally lower plane.
The Swiss franc was steady in a
narrow range. The Hong Kong and
Shanghai dollars fell back in terms
of the dollar.
Evening star., 1940-08-05
Southern BUILDING
Boosted 10 Record
By Defense Work
$l3l,869, 900 Contracts
In July Set Mark
For Month in Area
Hy the Associated Press.

BY the Associated Press.
BALTIMORE, Aug. 5.-Construc-
ton in the Southern States, boosted
by national defense work. scared
to $13l,869 900 last month--a new
record for July-the manufacturers
record reports.
only one other month in the
South's history-June of 1930-has
topped this figure" the record said.
'PrecipitoGs rises In governmental
construction, including several i'm
mense contracts awarded or a cost
plus basis, and an industrial con-
tract total of proportions greater
than that for any other month in
the last eight, were mainly respon-
sible for the July peak
Private building during July
with exception of industrial con-
struction, was at a lower level, al
though one type of work-commer-
cial building-showed a gain over
June.
Highway Contracts Drop.
Highway contracts dropped in
comparison with new work in this
field placed under contract during
June. Road building and bridge
erection on national system of
highways already inadequate for an
expanding mechanical military
force, seemed to have been forgot
ten in the rush to get operations
started at various Army posts and
naval bases"
Governmental construction-much
of it for national defense-amount-
ed to S50,958,000 in July, rejecting
a continuation of the rapidly in
creasing rate of military construc-
ton first recorded in June, the rec
ord said.
Among Big Contracts.
Big contracts contributing to this
rise included:
s1422,000 for additions to Navy
headquarters in Washington.
S8,500,000 for shipbuilding facili-
ties at the Norfolk and Philadelphia
Navy Yards.
Sl2,786,o0O for completing the
Naval Air Station at Jacksonville,
Fla.
$3,50O,00O for constructing the
auxiliary naval base near Miami,
Fla.
s4,000,000 for additional aviation
facilities at the Pensacola, Fla.
Naval Air Station.
S12,700,000 for a new naval air
station at Norfolk, Va.
$l,460,250 for enlarging aviation
facilities at the Quantico, Va, Ma
rine base.
Industrial contracts amounted to
s2l 100000" The record said. Rail
roads placed orders for new rolling
stock and materials to improve
road beds, manufacturers either
started work or prepared to 60 for
ward with important industrial de-
velopment, gasoline companies pro-
posed pipe line and refining projects
and power companies continued to
add to programs involving many
millions of dollars"
Evening star., 1940-08-05
Folding Box Sales Rise

CHICAGO, Ill, Aug. S (SpeciaD .
Shipments of folding cartons
reached a new high for the first
half of 1910, according to final fig
ures released by the Folding Paper
Box Association of America today.
The six-months' total was 90 per
cent above the first half of 1899
and slightly in excess of 1887, the
industry's previous high. All Sec
tions of the country shared in the
advance and foreign shipments
made an exceptional showing, be-
ing up 28.4 per cent over last year.
Evening star., 1940-08-05
Most Goes on Pay Rolls

JOLIET, Ill, Aug. 5.-The pro-
fessional laundering industry spends
approximately SIS per cent of it's
income dollar on pay rolls, accord
ing to figures compiled in a recent
national survey, announced here to-
day by the American Institute of
Laundering. The industry employs,
on an average, 208,354 persons
monthly and ranks eighth in the
total number of workers among
some $50 national businesses reached
in the survey.
Evening star., 1940-08-05
|Coco-CoIo Co.
June Quarter
Sets Record
By the Associated Press.

WILMINGTON, Del. Aug. S.
Coca Cola Co. announced today its
June quarter operations were the
largest of any three months in the
beverage company's business, yield
ing net profit applicable to common
stock of $8,584,503, or S2.15 share.
compared with $8,254, ,421, or S207 a
share. in the like 1889 period. Di-
rectors declared dividend of rs
cents common share, payable Oc-
tober l to holders of record Seprem-
ber H. The company paid the same
amount July l.
Evening star., 1940-08-05
Melville Shoe Earnings
Reported at S1,432,524
By the Associated Press.

By the Associated Press.
NEW YORK, Aug. 3.-Melville
Shoe Corp. reported today net in
come for the first half of this year
was $l,432,5 ,524, or s1.29 a common
share. The figures included for the
first time the results of the recently
acquired j. F. McElwain factories,
Ward Melville, president, said. In
the first half of last year, adjusted
to take account of the McElwain
acquisition, net was $1,477,217, or
$134 a common share.
Evening star., 1940-08-05
BUYS Two Shrimp Plants

BOSTON, Aug. (SpeciaD Gen
eral Seafoods Corp. has purchased
the assets and business of Gulf Fish
& Shrimp Co., Inc, of New Or
leans, La, and National Seafoods
Co., Inc, Of Galveston, Tex, j.
Lawrence Alphen, president and
general manager, announced today.
Evening star., 1940-08-05
Money Market

NEW YORK, Aug. (E1.-Call money,
steady; l per cent.
Prime commercial paper, "a per cent.
Time loans steady; 5000 days IA; 4-6
mos, Ia per cent.
Bankers acceptances UNCHANGED: 8O-90
days, 1z-Is per cent: 4 mos, iss-k per cent;
56 mos, 3s-iSs per cent.
Rediscount rate New York Reserve Bank.
l per cent.
Evening star., 1940-08-05
CTS Tons of Leud Sold

NEW YORK, Aug. 5 (P.-St.
Joseph Lead Co. reported 425 tons
of Southeast Missouri pig lead sold
Friday at s4.85 per 100 pounds, East
st. Louis: 100 tons at $5o5, New
York, and $50 tons at the New York
average
Evening star., 1940-08-05

a Also extra or extras. eDeclared or
paid so far this year.
Quotations furnished by National Asso-
cittion of Securities Dealers, Inc. which
states they do not necessarily reflect actual
transactions or frm bids or Offers but
should indicate approximate prices
Evening star., 1940-08-05
London Money Rates

LONDON, Aug. 8 R.-Money, l per
cent. Discount rates: Short bills, l 1-32
per cent: 3-month bills. l 1-32-1 1-16.
Evening star., 1940-08-05
Washington Exchange

SALES.
Capital Transit Coo at 1915.
The Carpet Corp.-20 at "a.
AFTER CALL.
Anacostia & Potomas 5s-$l 900 at
1922.
Washington Gas preferred-l0 at
1851.
Evening star., 1940-08-05
BONDS
PUBLIC UTILITY.

Bid Asked
Anacosta a. Pot 5s 1919 - 1914 103
Ana a. Pot guar 5s 1949-- 1O7
Cap Traction 1st 5s 1947 102
City & Suburban SIS 194s 101s4 103A
Georgetown Gas. 1st 5s 1861 IFS -
Pot Elec Pow 3Ls 1865 - 1854 ----
WASHINGTON Gas 5s 1860 124
Wash Rwy g. Elec As 1881 107 ---
MISCELLANEOUS.
Col Country 1st 4As 1857 1o3 --
Ter RI w Cp 1St 4i4s l94S 100
Evening star., 1940-08-05
Stocks

NEW YORK. Aug. 5 iP.--National
Association Of Securities Dealers. Inc:
Evening star., 1940-08-05
STOCKS
PUBLIC UTILITY.

eapta emst II transit n le1 5t.es} - ip y lsb
N g. W Steamboat d. IS 70
Pot e Power SO. pfd o. 113.. 115
Wash Gas 1t com T.5oi IS 81
Wash Gas 1t pfd 4.50) 'l05 -
Wash Ry g. e com (s36)--- go -.
w hou IVY a. Ed plQ tOJ III