davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
New York Cotton

NEW YORK. Jan. "a LP,.-The
sagging tendency in cotton futures
for the past several days was
abruptly reversed at the opening
today. Large blocks of cotton
changed hands at steadily rising
prices
Strength in foreign markets, par
ticularly sharp gains in Liverpool.
following two days of 25-point limit
declines, impaired a firm tone here.
Although activity subsidized some
what near the second hour. the
market held gains of as much as
Sl.15 a bale. Despite fairly active
liquidation in March, the spot
month was steady on covering by
trade shorts and price fixing.
Late morning prices were up IL
to % points, March (oldp, 1858:
July (old), 998: October. 9.33.
Further liquidation in March.
credited mainly to Bombay interests.
has caused the spot month to lag.
while further forward positions held
steady at or within a few points of
the top. Continued foreign and
trade buying met only light Offer
ings. mostly in the way of hedges
and realizing by locals.
Prices around midday were to %
points higher: March 'old), 1856;
July (old), 995; July new, 1913;
December, 925.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
Big Steel
|Enters Open
Ore Market
By the Associated Press.

PITTSBURGH, Jan. 24-The
United States Steel Corp. said to-
day negotiations were under way
for the sale of Substantial" ton
mage of iron ore to the Ford Motor
Co., marking big steels" entry into
the open ore market.
A spokesman characterized the
proposed sale as "a departure from
recent practice" explaining that the
corporations ore mining subsidiary
the Oliver Iron Mining Co.. normally
produced ore only for other steel
producing subsidiaries of the
corporation or, to less extent, for
other steel companies for blending
purposes.
Price of the ore involved was
not disclosed but the Post-Gazette
said, in commenting on the sale,
that interest in the Ford purchase
was intensified by reports in Cleves
land the center of the ore industry,
that the transaction involved a
large supply at price below that
charged steel companies compelled
to buy ore"
The Oliver Mining Co. recently
placed an advertisement in a Du-
luth, Mimi, mining publication,
offering iron ore for sale, an action
which the Gazette interpreted
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
Stock Averages
By VICTOR EUBANK.
Associated Press Financial Writer.

Associated Press Financial Writer.
NEW YORK, Jan. 24-The stock
market took the path TO higher
prices today after dallying at the
crossroads the past week
Steels and aircrafts at the start
stepped out in front to score gains
running to more than 2 points Most
other groups fell in line at slower
pace. Late prices were about the
best of the day.
Trading expanded somewhat. APP
proyimating 100000 shares.
The recovery turn also ENLARGED
many bonds and leading commod-
tiles. Cotton rallied behind an ad-
vance in foreign markets. with flu
lures up 50 cents to $3.50 a bale
in late dealings. Chicago wheat
ended IS to Is cents a bushel
higher. Corn was up 80 to y.
In the share list prominent gain
ers included United States Steel.
Bethlehem. Chrysler. American
Smelling. Du Point. Douglas Air
craft, United Aircraft, Glenn Mar
tin American Airlines. United
States Rubber and Sears Roebuck.
In the curb, advances of / to
around points were recorded in
Bell Aircraft, Colts Patent Fire
Arms, Niles-Bement-Pond and Ma
tional Oil Products.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
Guaranty kegotiotes
For Control of Utility
By the Associated Press.

NEW YORK, Jan. 24-Control of
electric power and traction proper
ties in Portland, Ore, was at stake
today in negotiations between the
Guaranty Trust Co. of New York
and trustees of the Portland Elec-
trio Power Co., holding company
undergoing reorganization.
Trustees of the top company, it
was learned, have asked the Guar
anty Trust Co., leading Wall
Street bank, for the return of the
controlling stock of the Portland
General Electric Co. The stock was
pledged as collateral for the holding
company's $15,918,000 of 6 per cent
income bonds, and the Guaranty, as
trustee under the mortgage, gained
possession of the stock after the
company filed last year to reorgan-
ize under the Chandler Act.
Henry A. Theis, vice president
of the Guaranty, is in Portland
handling negotiations with the
trustees, informed sources said.
A threat of legal action growing
out of the situation was blamed in
market circles for steep decline in
bonds of the Portland General Elec-
trio Co. the past week. The selling
spread yesterday to securities OF
other utility companies operating in
the Northwest.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24


Savings e. Trust Co. John S. War;
ner of the Union Trust Co., last
years winner, was among the con-
testants. He made faster time than
any of the winners, but a small
error put him out of the running.
The winner. Mr.. Lunson, is a ma
tive of Richmond. graduate of East
ern High School and is only 20
years of age.
Bonner Elected Chairman.
Francis A. Bonner, vice president
of Blair, Bonner & Co., Chicago,
was elected chairman of the Board
of Governors of the National Asso-
citation of Securities Dealers, at the
closing session at the Carlton Hotel
yesterday.
Nevil Ford, vice president, director
and member of the Executive Com
mittee of the First Boston Corp
New York, and George w. Davis.
partner of Davis, Shagg & Co.. San
Francisco, were elected vice chair
men. George S. Stevenson, partner
of Putnam & Co., Hartford, was
named treasurer.
Wallace H. Fulton was made ex-
ecutive director of the national as
ISOLATION. About so leading invest
ment dealers of the country at
tended the two-day session.
Associations Growth Rapid.
William N. Payne, ir, president
of the District Building and Loan
League, reviewed The growth of
these organizations since 1870, at
the council meeting yesterday at
the Raleigh Hotel. He said that
assets have almost doubled in each
decade.
In 1870 assets totaled $l75,000, in
1880. S439 900; in 1890 had increased
to s3,826,00 and in 1900 to S8,229,-
900. The same rapid growth was
reported in the other periods up to
the end of 1899, when assets had
reached $138, 10000, the % asso-
Citations now having 5000 GUS
toners, Mr.. Payne said.
Martin A. Cook reported that the
1910 banquet will be held at the
Mayf1ower Hotel on March %, 500
members and guests being expected
Potomac Electric Power per cent
preferred stock sold at lit on the
Washington Stock Exchange today
new high mark in this issue. Four
sales totaling 81 shares were regis
tered.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
Daily Phone Calls
In December Made
NewD. {. Record
Telephones in Service
Also at New Peak
In Some Month
By EDWARD C. STONE.

Average daily telephone calls in
Washington in December again
broke all previous records for that
month, according to the latest re-
ports from the Chesapeake g. Poto-
mas Telephone Co. December calls
averaged 1,143,625 per day, in COM
parison with 1,O91,115 In December,
1888, and far above the totals in the
same month in other years.
Study of the figures discloses the
fact that every month in 1889 wit
messed a gain over the like 1888
months, and that the calls in De-
cember exceeded every other month,
making a new peak in the
company's history. In 10 of the II
months, average calls per day crossed
the 100000 mark. The following
monthly comparisons reveal the
striking increases in 1889 over 1898:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
St. Lawrence Waterway
Endorsed by Roosevelt

BY the Associated Press.
A presidential Endorsement gave
impetus today to Canadian-Amer-
lean attempt to reach a new basis
for the proposed $500, OOO.O 900 St.
Lawrence seaway.
The project contemplates a deep
waterway from the Great Lakes
to the Atlantic and the development
OF st. Lawrence waterpower. The
Senate rejected one treaty.
President Roosevelt told reporters
yesterday that in future years even
critics of the proposed undertaking
would regard it as a good thing.
The project he said, is in when"
and not an ''if" category.
Mr.. Roosevelt said that ever since
he was young man he had thought
OF the good the development would
do the United States, including Buff
falo. N. Y; Wisconsin and the North
Atlantic ports.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
Chicago Grain

CHICAGO. Jan. "a (P).-After
session of nervous fluctuations. the
wheat market developed definite
recovery trend today with price
gains of around a cent a bushel
lifting MAY contracts above 81.
Prospects OF cold weather over
much of the grain belt. despite EVIL
dence of good snow covering in most
winter wheat territory. accounted
for part of the strength. Higher
security and cotton prices also at
tracted attention. Mills were re-
ported active in domestic as well
as Canadian markets
Wheat closed ss-l1a cents higher
than yesterday. May. ZOOS Il:
July, 977s-a4; Corn, as-12 up: MAY
and July, 575s-a4; oats. 1s-as
hinhor
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24

$50 checks in ?
minutes and 4
seconds, or $50
checks in l24
seconds. He is
employed in the
main office of
the Riggs Ma
tional Bank.
John Weeks of
t h e Dupo n t
branch of the
Hamilton N a =
tional took sec
ond honors, and
third place went
to Byron Math-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
S. {. c. Adopts New Rule

The Securities and Exchange Com
mission has adopted a new rule
which provides that holding COM
panies must file a declaration with
the S. E. G. before they may extend
credit or make loans, donations or
capital contributions to associate
companies. The new rule Is A.
fective Immediately.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24

Peter J. Schardt. service During
the World War Mr.. Schardt was
United States postal agent in
France, being commissioned to take
charge of the A E. F. postal service.
After the war he resumed his posta,
duties in New York
His election took place following
the meeting of stockholders. at
which the directors were elected for
the coming year. He is also a
director.
LunSon Wins Speed HOnOrs.
James E. Lunson, who won the
adding machine contest held by
Washington Chapter, American In
stitute of Banking, last week added
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24

AS of December 81, 1899, there were
254O42 telephones in service in the
Capital, compared with 23966S in
December, 1888. and a gain during
the month of 1860 Here was an
other record, the number of phones
in use being the largest for Deem
Der or any other month Every one
of the II months discloSes an in
crease over the corresponding month
in 1888 and indicates that business
improvement continued to the very
end of the year The monthly COM
parsons follow:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24

as an indication that the steel cor
poration, previously not a factor
in the ore trade, might be willing
to make additional sales and event,
ually might turn to the business
of selling other forms of raw ma
terials used in the steel industry"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
Erie Railroads Net
For Year Is $11,464, 135
BY the Associated Press.

BY the Associated Press.
CLEVELAND, Jan. 24.-Erie Rail-
roads 1899 net railway operating
income was $11,464, 135, the road
reported today, against $3,214,328 for
1888. December operating income
Of $761,175 compared with $545, $40
in December. 1888.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
COttOnSeed Oil.

detachable cottonseed oil futures
eased a few points after early firm
ness today.
Traders generally were inclined to
await developments in outside mar
kets. Around midday prices held /
to 3 points higher in quiet dealings.
March traded at SIT; May, 6.88;
July, 100.
Crude oil was quoted So cents
nominal in the Southeast and VAL
ley following small sales at that
level in the Southeast late yester-
day. Texas was 5% cents bid.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24

secretary OF I0e
ganiza ton.
and now holds
the position of
assistant to the
vice president of
t h e Southern
Railway System.
Prior to h i S
connection with
t h e Southern
Railway he was
S u p e rintendent
of the New York
division of the
United States
railway m a |
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24

unit OF trading 10 shares
In bankruptcy recevershp being under
bankruptcy Act securities assumed such companies
based the last deear
KID Elk Dividend Elk rights a
Accumulated dividends paid last Declared
far this Payable stock gPaid
stock Accumulated dividends paid year
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24

President Former Secretary.
Peter j. Schardt. newly elected
president of the First Federal Saw
ings g. Loan Association, is former
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24
Chicago Cash Market.

Chicago Cash Market.
No cash wheat sales Corn. No
yellow. 59-59la; No. >, 5S34-5a. No :.
3s-5Si2: No. 4. SIS: No. / white. ti5'4-'2:
No. >. IS. Oats, No. :, mixed. go: No.
> white. 49,; No. 3. 42ia; sample grade.
white. 3912-'4 Soy beans, No > yellow.
] ,o9; No. 3 l.o7l2-l .Osl4. Barley, malt
ing, 54-66 nominal: feed, 4O-4S nominal:
No. barley, 81; sample Grade. SIS; No l
melting. 66; No. , mailing. "a -66. limo
thy seed, 9O-52 nominal. Sweet clover.
4.50-5..5 nominal. Red clover, u so
| 100 nominal Red top. $500 90 nomi-
nal Alsike. 15.00-1S.0O nominal Al
fslfa. 1S.O0-23.0O nominal
Winnipcg Prices.
WINNIPEG. Jan. "A 'P,.-Grain ranea
Evening star. [volume] (Washington, D.C.) 1854-1972, 1940-01-24

For safety first-stop for signals
and signal for stops.
The Wilmington morning star., 1940-09-01
DODGERS WIN 7-6
TO HOLD SECOND
Giants Outhit Rivals 1910
But Sextet OF Pitchers
Proves Helpless

BROOKLYN Aug. 31.-R-Th e
Dodgers and New York G a n t S
performed some weird rites in the
guise of baseball today and Brook
Ign emerged with a 7 to 6 victory
that strengthened its grip on Sec
ond place in the National league.
The Giants outhit their rivals
1910 and used no less than six
pitchers in an effort to keep the
turbulent Dodgers in check. B u t
in addition to the hits, this pitching
sextet gave up an even dozen
bases on balls and n of them
by Roy Joiner in the seventh in
ming forced across the deciding
run.
The usually careful Carl Hub
bell started for the Giants a n d
gave up six of the walks, four
hits and hit a batter before being
driven from the mound by an UP
rising in the fifth inning that re
suited in the Punishment of Man
ager Leo Durocher and C O a c h
Fred Fitzsimmons of the Dodgers
for protesting a decision at first
base.
The Dodgers left Is runners
stranded on the bases, three short
of the record. Dixie Walker led
their attack with three doubles for
a perfect day at bat. 3
The Wilmington morning star., 1940-09-01
p0STP0NES
PLAY AT HERSHEY
Snead- McSpaden And Nelson
Guldahl Semi Finals Set
For Monday
BY Y TALBOT

HERSHEY, Pa, Aug. 31-R-
After fooling around in a lightheart-
ed sort of way all week, the rain
finally cut loose in dead earnest to-
day and washed the finals of the
professional golfers association
championship into Monday.
The two semi-finals matches just
had passed the 18th hole, with
sam Snead three up on Harold
Jug McSpaden and Byron Mel
son leading Ralph Guldahl n up,
when the skies opened wide and
the water poured out
When, after an hour, the torrent
still was coming down and the
course was flooded beyond hope,
President Tom Walsh of the P.G.A.
sampled a green to his ankles
and called off the other half OF the
semi-inals. The two matches will
continue on the second 10 tomor-
row afternoon, with Snead and Mel
son retaining the margins they
won by brilliant golf today.
Each OF them shot a by, TOUR I'M
der par for a 1000 yard course,
which was playing much longer
than that because of the soggy fair
ways and mushy greens that coat
ed their balls with mud.
Ten holes we're won in the course
of the two match rounds, and ev-
cry one of them with a birdie. Par
golf for a hole never won better
than a half as the four sharp
shooters tied into each other.
Snead virtually knocked the sup
ports from under McSpaden with
a 80 on the first nine of their match.
That put him three up and a SO
the way back enabled him to
hold his advantage.
The Wilmington morning star., 1940-09-01
CONN AND PASTOR
TRAIN FOR BOUT
Sparkle Rubbed Off, How
ever, AS Victor VS.. Louis
Battle Dims
BY SID

NEW YORK, Aug. 81. Up A
lot of the Sparkle has been rub
bed off the Billy Conn-Bob Pastor
tussle.
The postponement of the fight
from mid-August, accompanied by a
switch in locale from the Polo
Grounds to Madison Square Gar
den, just about wiped out all OF
Promoter Mike Jacobs rosy dreams
to start his turnstiles a-clicking with
a September fight between the vic
tor and Joe Louis.
There has been talk that Jacobs
still is toying around with the idea
of putting on a heavyweight title
fuss in October, possibly in Los An
geles, between Louis and Madcap
Make Baer, if Madcap Make can't
be persuaded to go to the post,
against Fridays winner. However,
those sin the know" advise you not
to bet the family jewels on it.
The betting men have stored their
charity back in mothballs, and the
juicy IL odds favoring Conn, which
were offered before rain-and the
absence of interests by the custom
ers, have become just something
pleasant to remember, like last
Thanksgiving's turkey. At the mo-
ment, if you're of a mind to invest
a bob or two, you're lucky to get
5 to 8.
Mike has been all smiles every
time he received a report on the
advance ticket sale the last few
days, which indicates the postpone
ment was just what the doctor or
dered. The estimates are some $4,000
will put il "on the line" to see the
15-round fuss, piling up a gross gate
of $50, 1000 or so.
Both boxers have been working
out for nearly a week in midtown
eymnasiums. Conn still hopes to hit
the 1S0-pound mark in his first "big
league start as a heavyweight, but
the chances are he won't go over
17S, ever with his curly locks wet
down. Pastor will be between 1872
and 1874 for the fight that will mean
a third meeting for him and Louis,
if he disposes of Conn.
Hunch-players point out that Coz n
has lost a bout in the Garden
and that Bob has dropped decisions
to both Louis and Mann in his last
two starts in the big Eighth Ave-
nue. arena. However, they still pay
off on the fellow handiest with his
fists.
The Wilmington morning star., 1940-09-01
CIVIC CLUBS SET
BOWLING STATES
Organization Meet OF Team
Captains Call For
Friday Night

Schedules for the first half of the
BOWLING season of the Civic club A
and B tournaments were announced
last night as DR.. Guy E. Pisford
president of the Civic Bowling league
a meeting of team captains
for Friday night at 1870 o'clock or
the mezzanine floor of the Cape
Fear hotel for the purpose of com
organization plans.
The schedules as announced las
night follow:
"A" Teams
Sept. 9, 1910, Lions VS.. Rotary.
Sept. II, Kiwanis VS.. EXCHANGE.
Sept. is, Civilians VS.. Lions.
Sept. 10, Rotary VS.. Kiwanis.
Sept. %, Exchange VS.. Civilians,
Sept rs, Lions VS.. Kiwanis.
Sept. 80, Rotary VS.. Exchange.
Oct. 3, Kiwanis VS.. Civilians.
Oct. Z, Exchange VS.. Lions.
Oct. 10, Civilians VS.. Rotary.
LAW l1llS W.. IlOIlS,
Oct. II, Exchange VS.. Rotary.
Oct. p, Civilians VS.. Kiwanis.
Oct. "a, Rotary VS.. Lions.
Oct. %, Exchange VS.. Kiwanis,
Oct. 81. Lions VS.. Civilians.
Nov. 4, Civilians VS.. Exchange.
Nov. Z, kiwanis VS.. Rotary.
Nov. II, Rotary VS.. Civilians,
Nov. IA, Lions VS.. Exchange.
Nov. IS, Lions VS.. Rotary.
Nov. q, Kiwanis VS.. Exchange.
Nov. rs, Civilians VS.. Lions.
Nov. %, Rotary VS.. Kiwanis.
Dec. 2, Exchange VS.. Civilians.
Dec. 5, Lions VS.. Kiwanis.
Dec. 9, Rotary vs.. Exchange.
Dec. II, Kiwanis VS.. Civilians.
Dec. Is, Exchange VS.. Lions.
Dec. 10, Civilians VS.. Rotary.
'B" Teams
Sept. 10, 1910, Lions VS.. Rotary.
Sept. l3, KiWanis VS.. EXCHANGE.
Sept. II, Civilians VS.. Lions.
Sept. 20, Rotary VS.. Kiwanis.
Sept. "a, Exchange VS.. Civilians.
Sept. 27, Lions VS.. Kiwanis.
Oct. 1, Rotary VS.. Exchange.
Oct. 4, Kiwanis VS.. Civilians.
Oct. 8, Exchange VS.. Lions.
Oct. IL, Civilians VS.. Rotary
Oct. Is, Kiwanis VS.. Lions.
Oct. Is, Exchange VS.. Rotary.
Oct. %, Civilians VS.. Kiwanis.
Oct. 25, Rotary VS.. Lions.
Oct. 80, Exchange VS.. Kiwanis.
Nov. 1, Lions VS.. Civilians.
Nov. 5, Civilians VS.. Exchange.
Nov. 8, Kiwanis VS.. Rotary.
Nov. II, Rotary VS.. Civilians.
Nov. Is, Lions VS.. Exchange.
Nov. 10, Lions VS.. Rotary.
Nov. %, Kiwanis VS.. Exchange.
Nov. 26, Civilians VS.. Lions.
Nov. 20, Rotary VS.. Kiwanis.
Dec. 8. Exchange VS.. Civilians.
Dec. s, Lions VS.. Kiwanis.
Dec. 10. Rotary VS.. Exchange.
Dec. 10, Kiwanis VS.. Civilians.
Dec. II, Exchange VS.. Lions.
Dec. 20, Civilians VS.. Rotary.
The Wilmington morning star., 1940-09-01
SANDERS WINNER
OF CAMERON CUP
Vera Diehl Wins Dixey An
drews Trophy In Moth Boat
Event At Wrightsville

Everett Higgins, sailing the
Teal, yesterday won the Davis
trophy in the annual contest of the
Carolina Yacht club, Wrightsville
Beach, for the trophy awarded the
club as a memorial of Platt W.
Davis, formerly chairman of the
clubs regatta committee.
Higgins covered the course in
1894 and was followed by Henry
Higgins, in the Pirate, who "a
second.
Capt. Warren Sanders won the
Cameron cup for the third time by
being the first boat in Glasses c
and D to cross the line.
The Dixie Andrews cup for Moth
boats was won by Miss Vera
Diehl, who has established herself
as the best of the moth boat pi-
lots this summer by the manner
in which she has handled the Hi-Ho.
Bobby Bellamy was second in
the Moth race.
In the point competition which
was held at the same time as a
part of other races, Walter Pars-
ley, Jr., in the Dixie won top hon
ors.
The final race of the season will
be staged tomorrow afternoon and
after the competition is completed
prizes will be awarded the boats
which have won the greatest num-
Der of points in the various classes
throughout the series of races
which have been held this season.
The Wilmington morning star., 1940-09-01
CRUCIAL CONTESTS
SLATED THIS WEEK
Laundry, Brigade Meet In
Deciding Game At Strange
On Monday Night
BY S

Monday night at 8 o'clock at
Robert Strange Ball park the Sum-
shine Laundry plays the B o y S
Brigade in the deciding game OF
the Commercial second half, and
Tuesday night the championship
finals in the Independent loop get
under way.
If the Brigadiers take the scrap
ping Sunshine lads Monday, they
will meet Spofford's great club
Wednesday night to break the tie
and to decide the winners Of the
Commercial family second half.
With Taylor-Colquitt champs of
the first section of the 1ndepen-
dent loop, meeting those surpris-
ing Bagmakers of the Wertheimer
Bag company, victorious in a
flashy second half drive, on Tues
day night, night softbalrs 5000
loyal fans will be promised a great
series.
Scheduled to three out of five
games, the weeks offerings should
be one night after another of the
seasons best games. Winners Of
the City Championship last year
and the Foy-Foe Trophy, the
Creosoters of TIC. are going to
be a hard club to beat.
At the same time the Bagmen,
the doormat of the loop last year,
a sadly wallopped club the first
of the present season, are pro-