davidaulloa/AmericanStories huggingface dataset:
Evening star., 1940-07-17
London Order Ends
New York Free
Market on Pound
No Sterling Will Be
Credited Except From
Other U. S. Accounts

BY the Associated Press.
LONDON, July 1.-THE free mar
ket price for the British pound in
New York will virtually vanish as
result of British order in coun-
Gil issued today under defense regu-
lations
Effective tomorrow, quotations
there will be brought to the official
London level. The Bank of Eng
land buys sterling at $4021a, sells
at $4.0312. The free rate in New
York is currently around 1916.
In effect, free sterling will no
longer be convertible into dollars,
since no free sterling will be cred
tied to American accounts except
from other American accounts.
Exact status of free sterling under
the ruling, however, which was made
available to the New York market
over the week end, was not entirely
clear. At the moment New York
banks are cabling here for clarifica-
tion
When the market in the United
States Is celared OF present holdings
OF free sterling, all business rela-
tions between the United States and
Britain are expected to be conducted
at the official rate.
The order amending defense reg
ulations said the steps were taken
In pursuance of existing policy of
restricting use of free sterling as an
international medium of exchange.
I'm particular, arrangements
have been made with tn, cooper
alton of American banks for a sys-
TEN of registered accounts through
which payments. in sterling can be
made from residents in the sterl-
ing area to residents in the United
States for transfer at the official
rate and vice versa.
Sterling from these accounts will
be available to pay for exports from
the United Kingdom to the United
States. Similar arrangements have
been made with Switzerland"
Owing to the close cooperation
between the British and Canadian
equalization funds, the new regula-
tions will not have a direct official
effect on Canada. Such Canadian
trade as is worked through UI.ited
States middlemen may be concerned
to some extent.
Evening star., 1940-07-17
Utilities Firm Picks
General Counsel 10
Succeed WiI|kie
Whiting Associated
With Commonwealth
& Southern Since 1912

By the Associated Press.
NEW YORK, July 17.-Justin R.
Whiting was elected president and
member of the board of Common
wealth & Southern Corp. at
meeting in Wilmington today, the
company announced. He succeeded
Wendell L. Willkie, who resigned to
pursue his campaign as Republican
nominee for the presidency of the
United States.
Mr.. Whiting, born in Michigan
and prominent in Michigan legal
circles, has been general counsel for
c. & S. He has been associated with
the company, or its predecessors.
since 1912.
Mr.. Whiting was a Democratic
presidential elector from Michigan
in 1882
His association with utilities be-
gan almost Immediately after grad
uation from the University of Mich
igan in 1907 with the degree of
LII. B. He began practicing law that
year at Port Huron, but in 1908 he
removed to Jackson, Mich, and as
Sociated with Sanford w. Ladd in
representing the street railways of
Southern and Western Michigan.
He resided in Detroit from 1917
to 1921, when he became general
counsel for the Michigan Electric
Railways and returned to jackson.
In 1888 he became a member of
the New York firm of Weadock &
Whiting, counsel for the Common
wealth g. Southern.
Evening star., 1940-07-17
Libby, McNeiII & Libby
Declares SOC Dividend
BY the Associated Press.


CHICAGO, July 17.-Libby, Nc
Neil & Libby, Gamer and packer
of foodstuffs, declared q dividend
OF SO cents a share on common
stock payable August Is to share
holders of record July 81.
The dividend, voted yesterday by
the directors, will amount to ST.
1892 on 3,627 1886 shares outstand-
ing and is the first dividend action
on common stock since october,
1887.
Earnings for the fiscal year ended
March 2, 1910, amounted to $3,787,-
237, or $104 share. Unsettled
conditions at that time made it
seem desirable to postpone the.
declaration Of a dividend, the an.
nouncement said.
Evening star., 1940-07-17
Bethlehem Steel Sells
$2O,0O0,000 in Notes

BY the Associated Press.
NEW YORK, July 17.-Bethlehem
Steel Corp. has sold to IL banks in
New York and other cities $4,000
600 of 3 to 10 year serial notes carry
ing interest rates of IL to 2hs per
cent.
Proceeds, it was understood, will
be used to retire part of the COM
pany's currently outstanding 3h
per cent debentures.
Evening star., 1940-07-17
D. e. Life Insurance
Sales Up IS Per Cent
From June Year Ago
Hulf-Yeur Volume
Also Slightly Above
Record for 1889
By EDWARD c. STONE,

Details from the June report of
the Life Insurance Sales Research
Bureau at Hartford disclose that
sales in Washington reached $6,-
SOS 900, as compared with IS ,481 900
a year ago in the same month, gain
of $1,O84,OO0, or 1s per cent. This
was by far the largest volume of new
business written in any month in
1910.
Life insurance sales in the Capital
In the first sly months of this year
totaled s32.49O,O0O, against s32.-
052,OOO, or a fraction OF ! per cent
ahead of 1899, although the Hartford
report calls business the same as
last year.
The 18 per cent advance in WASH
ington compares with gain Of
only per cent in the whole country
in June, when sales totaled $685.
O86,OO0. A national drop of 3 per
cent occurred in the six months
when new policies reached $780,
$4,000. The South Atlantic section
reported a June rise of II per cent,
and half-year move of / per cent,
the best sectional showing in the
United States.
Comparisons With Last Year.
So far in 1910 sales in Washington
compare as follows with the CORE
Evening star., 1940-07-17
New York Produce

NEW YORK. July II P.-Butter, 662,-
052. f1rmer. Tubs. creamery. higher than
extra, 27-27A; extra t92 score), 26H-a4:
nrsts tSS-aD, tubs and cartons, .25-26A;
seconds (S487) 23-24A
Cheese. 2S9. .762, quiet but Arm. Prices
unchanged.
Eggs, 30,951; weak. Mixed colors:
Fancy to extra fancy, 1923: extras 1917:
16S4-17; current receipts, 10: mediums,
1874; ,dirties, No. l, 15A; average checks,
Whites: (resale Of premium marks. 25h-
2S); nearby and Midwestern premium
marks, 22R-25: specials. %; standards,
18M:A; tresales of exchange to fancy
heavier mediums. 22k-26); mediums. 90.
Browns: Nearby fancy to extra fancy,
22:27. Nearby and Midvestern specials,
21 "a: standards. 1s: mediums, 21h.
Duck eggS: 1920.
Evening star., 1940-07-17
Variety Stores Sales
Keep Up Well in June
BY the Associated Press.

BY the Associated Press
The Commerce Department says
sales of variety stores declined less
than seasonally expected during
June.
Although actual sales were slight
ly smaller than in May, the de-
partment's index of these sales, on
a seasonally adjusted basis, rose
from 1905 to 1895 per cent of the
1929 1881 level. Compared with a
year ago. June sales were 2a per
cent higher.
Evening star., 1940-07-17
AirpIone Firm
Offers Stock
BY the Associated Press,

BY the Associated Press.
NEW YORK, July 17.-An issuc
OF 10000 shares of 50-cent cumula-
tive convertible preferred stock.
series a. of Taylorcraft Aviation
Corp. of Alliance, Ohio, was offered
to the public today at $40 a share.
Proceeds will be divided between
payment of mortgage. erection of
additional facilities and develop
ment expense.
The company manufactures small
airplanes.
Evening star., 1940-07-17
Washington Exchange
SALES-AFTER CALL.

SALES-AFTER CALL.
Washington Railway g. Electric As
$4,000 at 108.
Georgetown Gas $500 at 116.
Potomac Elec Power SO pfd.-2 at
113.
Capital Transit Co.-50 at 12A.
Evening star., 1940-07-17
WilIkie Lauds Whiting.

COLORADO SPRINGS, Colo,
July II (P.-Wendell L. Willkie said
today that the Commonwealth and
Southern Co., which he formerly
headed, would be "in excellent and
expert hands" under its new pres
ident, Justin r. Whiting.
Evening star., 1940-07-17
Whiting: Hes Done Pretty Well"

WILMINGTON, Del, July II (R.
Justin R. Whiting, elected presi-
dent and member of the board of
Commonwealth & Southern Corp.
here today to succeed Wendell L.
Willkie, told newsmen when asked
what he thought of WILKES presi-
Dental prospects:
Mr.. Willkie always has done
pretty well, and guess he'll con-
tinue to do so.'
Evening star., 1940-07-17
Customs Receipts Compared

Customs receipts in the first 13
days of July totaled $13,267 ,020,
compared with $11,344,967 In the
similar period last year.
Evening star., 1940-07-17

N T StOCk Exch0no0
11:oo A M.------- 100000 200 Noon ----- 100000
100 T. P.M------- 270OOO 2:00P.M 100000
Total Sales for the day, $4,000
Unit of trading, 10
In bankruptcy recevership
Bankruptcy Act securities
Rates of dividend the annual dis
busements based the decara-
special extra dividends are not
included. $1,000 ~ N ''
xEx dividend xr Ex rights Also extra extras
cumulated dividends paid
this year Payable In stock Paid last
Evening star., 1940-07-17

Guotations furnished by National As
states they do not necessarily reiect
a,t asTtuai transactions or firm bids or offers.
out us should indicate Approximate prices
ano ano, unless otherwise indicated are as
a9SSTSu Dy the sponsors or issuers,
MOI quoted by sponsors or issuers,
Evening star., 1940-07-17

Inere are more than 10000 Jana.
hese civilians in Shanghai.
Evening star., 1940-07-17
Investing Companies

NEW YORK. July II CP,.-National !
soclation Securities Dealers. Inc:
Evening star., 1940-07-17
BONDS
STOCKS

PUBLIC UTILITY.
The Waterbury Democrat., 1940-10-03
New Books at The Library

Finney. Harry Anson Principles of edition.
 Mohrhardt, Charles M., Industrial Training for National Defense. An notated Photography. Montgomery-W Ward Co. Fal and Winter Catalog. Moreton, David Penn, Armatare Winding. National Youth Administration Mechanical and Allied Trades. An notated Bibliography. New England Council, Directory of New England Manufacturer 1941.
 New London County Mutual Fire Insurance Company Partners for 100 years. Pontiac Motor Division, Shop Man. uals--1939-40 models; carblretors- 194O-suppiement; air chief radio 1940-supplement. Sears. Roebuck Co, Fall and win- catalog. Work Projects Administration. Production, employment and pro- ductivity in the mineral extratiye industries -188O-1938.
 Work Projects Administration. under sponsorship of National Bur eau of Standards tables of Circu- lar and Hyporbolic Sines and Cos mos for Radian Arguments. Biography John Buchan, Pilgrims Way; Nicholas M. Butler, Across the Busy Years; Stewart Holbrook, Ethan Allen; Helen Todd, A Man Named Grant. Travel-U. s. A. Jonathan Daniels, A Southerner Discovers New England: Clyde Davis, The Arkansas; Eleanor Early. New England Sampler; Federal Writers Project, Florida, New Mex ico; H. B. Hough, Country Editor; E. w. Paisley, Sanctuary Frederic Van deWater, The Circling Year: Harry Emerson Wildes, The Dele- ware. Fiction-General R. w. Daly, Broadsides: c. s. Forester, To The Indies; Rumar Golden, Gypsy, Gypsy Joseph Lin- coin, Out of the Fog; Edward J. OBrien, Fifty Best American Short Stories; Arthur Train, Tassels on Her Boots Rhoda Truax, This Dyn- asty of Doctors; Sigrid Undset, Madame porthea; Walker, The Brewers Big Horses. War
 Leo M. Cherne, M-Day; John Kennedy, Why England Slept: Archibeld MacLeish, The Irrespon- sibles; Declaration; Otto Tolis- chus, They Wanted War.
 Politics and Government
 Harold Laski, The American Pres idency.
 Economies
 Stuart Chase, Idle Money, Idle Men: Carl Snyder, Capitalism the Creator.
 History
 James T. Adams, Dictionary of American History: Arnold J. Toyn- bee, A Study of History. t
 AmericanizatiOn c. Myers Bardine, How to Become an American Citizen; Catherine Al Bradshaw, Americanization Ques- tionairre.
 Literature
 Van Wyck Brooks, New England: Indian Summer: Gilbert Murray. Aeschylus, the Creator of Tragedy: Albert Guerard, Preface to World Literature. Aate sl Lester Gaba, Soap Carving: Glare T. Newberry, Drawing Cat: Eliot O,Hara. Art Teachers Primer; H. & T. Thomas. Living Biographies Of Great Painters.
 Music
 Charles M Diserens, A Psychology of Music; Bernard H. Haggfn. Music on Records
 Fhot0graphy
 Paul Burnford. Filming zfoF Anna teurs F. K. Turner. Photo graphic Exposure
The Waterbury Democrat., 1940-10-03
153O--WBRY--96

4:00-Adventures in Science 4:15-18th Century Music 4:30-To be announced 4:45-Melod-- Matinee 5:00-Tea Time Tunes 5:15-Columbia Concert Orch. 5:45-Turn Styles 6:00-News 6:05-Edwin c. Hill presents the
 Human Side of the News 6:15-Golden Gate Quartet -6:30- Democratic State Central
 Committee Program 6:45-News ,7:00-The World Today 7:15-Music for Moderns 7:30-Benson Barn Dance S:00-Homes on the Land 8:15-The Blue Beetle S:30-Walker Sherman 4:45-How's Your Ear? S:55-European News 9:00-Polish Folk Melodies 9:30-Tex Guinan Orch. 10:00-Glenn Miller Orch. 10:15-Conscription Explanation 10:20-Columbia Concert Orch. 10:45-News of the War II: :00-News Il :15-Dance Orch. 11:30-Eddy Duchin Orch. 12:00-Sign off
The Waterbury Democrat., 1940-10-03
ROAMING THE AIR WAVES <
Dial Doings
, By JIM PARKER

number comedian will do one of his slick night The show win originate from South Bend Indiana Rockne All Ameican WATR carry feature usual sO stars of the motion picture who will sgpsas the show Reagan Hollywood .ga aG sae S n @ the o e Ana @ Jane Father oDonnen president of NOe also will be featured soloist There possibility that Tracy often teamed with orien in pear with him on the program in g short sketch.
 s:iS. Repgb1can @ Party Speaker s:so Hsadin in Enter
 tanm:nt. .;ls Harry James g. Wyhe Williams s:sO.
 ton Gould Iise Rep Fred S smith " TT Hdegade will be heard cBs in sustaining series Swings nightly broadcasts are now translated into gan and hortwaed to that country the following Meredith which he did the musical Baldwin date for will be the speaker onhs home the outskirts of Philadelphia ing femme lead show The Shadow exclusively Mutual
 baseball in poll of fans and writers
 Bison the Series brOadcasts received
 much rejoicing certain here
 enables the Barber family to again Mr.
 foremost portscaster they hear him broad
 their son because powerful w Wo
 h its primary area doesn't extend that day
 anxousy hope that he will series
 Then their coastocoast hear
 voice in the little North Carolina town they call
 Two personalities and Nelson Chase will make their official debu announcer respectively the As.l Basket show over cBs tonight coy Take It. The bafning phenomenon worth oTrsn Cur of st Louis to write of the our times w be recalled on the Strange As tonight over CB at SSo Mary Roland, the lady fortune playing 3 parts on stage and broadcast over WTIC-NBC at g. - e
The Waterbury Democrat., 1940-10-03
New York Stations
wrAp-sso wOs-nO : wIz-asO : wAsO-ss

WABC-Major Bowes'
 Amateur Hour 9:15--WOR-Jersey Schoolmaster 9:30-WOR-Bob Stanley's Orch.
 The Modernaires
 WSZ-News; orchestra :45--WJZ-William Knudsen :00-WEAF-Rudy Vallee and
 guests
 Raymond G. Swing WJZ-Fisk Jubilee Choir WABC-Glenn Miller's Orch. 10:15--WOR--News
 WABC-Choose Up Sides -WEAF-Listener's Playhouse WOR-Morton Gould's orch.
 Jimmy Shields
 WJZ-Hamilton Fish 45--WJZ-Concert music
 WABC-News of the War :00--WEAF-News | WOR-News; weather
 WJZ-News; Ray Kinney's
 Orchestra
 WABC-Sports-T Time II 1:15-WEAF-Dem Business Men t. WOR-Bob Howard
 WABC-Al Kavelin's Orch. 11:30-WEAF-Emil Coleman's
 Orch.
 WOR-Duke Daly's Orch. WJZ-Johnny MCGee's Orch. WABC-Eddy Duchin's Orch.
The Waterbury Democrat., 1940-10-03

WATR, your MBStation, tonight 545 Captain Midnight
 6l5 Republican Party Speaker 6:s0 Headlines in Enter tainment 7:l5, Harry Wythe Williams In Chicago Tonight 9:3O Writers ton Gould 1:SO, Rep. Fred s. Smith.
Evening star., 1940-07-13
Private Construction
In Washington Up
100000 in Month
$2,647, ,855 TotoI
For June About Equal
To Thot Of Year AGO

Private building construction in
Washington during June registered
a gain of approximately 100000
over May and was about equal to
the total for June, 1889, according
to figures made public in the
monthly report of Building Inspec-
tor John w. Oehmann.
Construction work in the District
last month is valued at $2,647 ,855
and brings the total for the first
half of the year to $14,992 sos. These
figures do not include work started
on buildings of the Federal and
District governments. Last month
the District government was issued
permits for about $400 900 in new
buildings, including permits for a
police precinct house, a large
dormitory and repairs to existing
structures totaling 5000 900 in value.
A major portion of new building
recorded in the last six months by
Col. Oehmanns Office is residential
in character. Small homes COM
prise the bulk of this residential
construction. Apartment building is
considerably below 1899 in volume.
Permits were issued last month
for 1913 one-family dwellings, valued
at 81 ,351 800, exactly the same num-
ber approved in June of last year.
However, new homes last June aver
Evening star., 1940-07-13
Population Shift Seen
Back 10 Urban Areas

A shift of population back to ur-
ban areas is predicted by John r.
Fugard of Chicago, treasurer of the
American Institute of Architects, in
a paper presented at the National
Conference on Planning in San
Francisco.
Decentralization has been in prog
ress for more than 20 years, it was
pointed out by Mr.. Fugard, who, as
the representative of the institute
and of the National Association of
Building Owners and Managers, dis
cussed What Is Happening to Our
Central Business Districts?" The
refusal of financial institutions to
look beyond the present and to lend
aid in stopping or overcoming blight
has further Fastened this process
OF decentralization, according to Mr..
Fugard.
"As taxes increase, along with IN
creasing demand for public services,
and as the tendency increases
toward a more definite social Sc
cudty. together with rise in medi-
an age. smaller family size and the
accompanying demand for more
units of habitation of more compact
Evening star., 1940-07-13
Insulation Stops Dripping

Dripping cdSd-water pipes in the
basement are caused by condensa-
ton. A covering of insulation is
about the most effective way to stop
the dripping.
Evening star., 1940-07-13

and economical size" he said, there
will be a definite trend and ever
increasing shift of population back
to urban areas, where economy of
living, cheapness and efficiency of
transportation and proximity to en-
ployment are basic factors.
Thus we may expect to see the
dismal marginal areas of downtown
districts again become producers Of
financial return through rehabilita-
ton In form and function and be-
come properly planned residential
areas, where gracious and genial
living conditions will obtain.
Herein lies the challenge to plan
ners, for it is only then that we
may expect to see the permanency
of downtown business areas become
established and the process of de-
centralization halted"
Evening star., 1940-07-13

aged smaller and were valued at
only $1,089 800. In May of this
year there were 23l one-family
dwellings, valued at 1889 900 in
cluded in the permit list.
Apartment construction last
month was considerably less than
in the corresponding month of last
year, although it was greater than
in May. Permits were issued In
June for % apartment buildings,
having a capacity of 152 families
and valuation of $685., 900. The
Evening star., 1940-07-13
Star Home Open
Another Week
In Kenwood
Thousands Inspect
Sixth in This Years
Series Of Dwellings

Already visited by thousands of
persons, the sixth Silver Star Home
of the year, located at I'll Norway
drive, Kenwood, Md, tomorrow will
enter the third and final full week
of its exhibition period. This dwell
Ing will be kept open, under spon-
sorship of The Star, through Sum-
day, July 81.
The attractive Colonial-style
house has been received enthusiastic
cally by the crowds which have in
spected it during the last two weeks
and many of the visitors have loudly
praised it. Built of old brick, the
house presents pleasing appear
ance on its spacious lot in a wooded
section of KenWood.
Built by the Kennedy Chamber
lin Development Co., The Star home
was designed by A. H. Sonnemann,
prominent architect. 1t has been
completely furnished by Brinson's
Furniture & Decorating Co.
Seven Room Dwelling.
Kenwood, the site of the new
home. is one of Washington's most
beautiful, exclusive suburban de-
velopments. It is well known for
the hundreds of japanese cherry
trees which line its streets and at
tract thousands of visitors to the
section each spring. Unusually high
architectural and structural re-
quirements are imposed for homes
In the community.
There are seven rooms, two baths
and a lavatory in the Kenwood
dwelling. All of the rooms are spa
cious. The bedrooms have ample
closets, all of which are cedar
lined. The house Is center hall in
type. The room arrangement is
simple and one which takes full
advantage of all available space.
Approval of the five housing ex-
perts who compose the Silver Star
Homes Committee was given the
KenWood house. Members of the
committee examined the dwelling
thoroughly and pronounced it of un-
usually high quality construction,
representing a good value. James
S. Taylor of the Federal Housing
Administration is chairman of the
committee. Other members include
Fred 4. Smith, president of the
Washington Real Estate Board;
(See SILVER STAR, Page A-2.)
Evening star., 1940-07-13
Four Realty Brokers
Apply for Licenses

During the last week the District
Real Estate Commission received
four applications for real estate
brokers' licenses and two for sales
mems licenses.
The following requested to be
licensed as brokers: H. L. Schulz,
221 Southern Building; Wellington
Estates, Inc, 221 Southern Build
ing; Harry Mercier, Union Trust
Building, and Miss Otelia Woodie,
1017 K street NV. Charles H
Hansen, 1119 Seventeenth street
NV, and j. Robert Capott, jr., 200l
Eleventh street NV. applied for
licenses as statesmen.
Evening star., 1940-07-13

(See SILVER STAR, Page A-20
Evening star., 1940-07-13

(see MORTGAGE COSTS, Pg.
Evening star., 1940-07-13

81 buildings approved in June last
year were valued at $4,000 and
contained 259 family units. Permits
were issued in May for 81 buildings,
valued at $243,000, and these have
a capacity of 112 families.
Value of additions, alterations
and repairs to existing buildings in
cluded among the June permits was
$276, 6,805. Last June modernization
work was valued at $423, 900, while
for May this type of construction
totaled $307 900.
Evening star., 1940-07-13
Mortgage Costs
Are Becoming
Standardized
Survey Shows so Is
Commonest Rate Over
U. S. for Home Loans

A remarkable degree of standard
ization has been reached in the cost
of home loans throughout the coun-
try, 1t Is revealed today in the 35th
semi-anEual survey of the real es-
tate market made by the National
Association of Real Estate Boards.
Survey findings made public include
mortgage costs, demand-supply sit
uation, building activity and the
subdivision market.
The national association discov-
cred the following facts in its ma
tional sampling:
Undersupply of one-family dwell
ings exists in Al per cent of the
cities, while only per cent have
an oversupply. Condition remains
about the same as it was six months
ago, when As per cent showed under
supply. Business property demand
exceeds supply in only II per cent
of the cities and supply is in excess
of demand In Is per cent. Six
months ago the figures we're re-
spectively II per cent and "a per
cent.
Mortgage Costs Low.
Home mortgage costs again lowest
in history. Commonest interest rate
for loans on new homes. S per cent.
The AZ per cent rate is dominant
In only % per cent of the reporting
cities, but six months ago 1t led in
only 18 per cent of the cities. De-
cided feeling is shown that prefer
ence given to new homes in F. H. A.
financing has tended to depress
prices for older properties.
The biggest cities have wakened
their subdivision market. Seventy
per cent of them have more move
ment now than a year ago in this
field. Homesite buying is livelier
than last year in 54 per cent of all
the cities, receded in only per cent.
Home building in the reporting
cities over the last six months is
(See MORTGAGE COSTS, Pg. B-4)