davidaulloa/AmericanStories huggingface dataset:
Evening star., 1940-11-12
Food Manufacturers
Face Best Sales in
Over a Decade
Association Members
Forecast Continued
Rise in Volume

I b. the Associated Press.
/ NEW YORK, Nov. 12.-Makers Of
food products this year will do the
biggest volume of business in over
decade, the Associated Grocery
Manufacturers of America, Inc, re-
/ ported today.
The organization. made up OF
producers of grocery products, said
after a poll of its members on the
| trend of sales:
There is a general feeling that
the volume of business will continue
upward for some time The eX-
penditures for defense over the next
few years will increase employment
and purchasing power, and grocery
manufacturers will benefit gen.
erously from this
OF So members questioned by the
organization % reported their July
September business was bigger than
a year ago. II found volume
/ smaller and 10 said sales were run
ming along at approximately the
| 1899 rate.
These figures indicated grocery
/ sales were in a healthy position as
/ October opened 1t should be re-
membered since October industrial
operations throughout the Nation
have been expanding rapidly un-
der the stimulus of placement Of
national defense orders. Since Oc-
tober |. retail trade, especially in
industrial areas, has qulckened
/ Observers believe the grocery trade
is getting its share of the increased
general retail spending accompany
/ ing widening factory employment
and fatter pay envelopes.
Of the current status of the
! grocery business, the American In
/ stitute of Food Distribution reports:
Wholesale grocers, chains and
! large retailers report dollar volume
of sales is larger than at this time
in 1899.
Although somewhat reduced by
open weather, allowing peddlers and
! roadside stands to secure business
that would otherwise go to retail
stores. actual dollar volume OF sales
through regular retail channels is
holding 8 TO per cent above 1889.
Aggressive supermarketS are Secur-
ing somewhat larger increases. All
merchants in booming war centerS
are running above the average flg-
ures. Country stores, except IN the
South, are recording sales close TO
/ the average increase.
physical volume of sales is up IN
part because SO many people are
no longer being fed by relief, ana
| the stamp plan has increased VOL
ume in many cities. But most OF
the gain in dollar volume stems from
the fact that the public is buying
better quality foods. wholesale
grocers working exclusively on this
demand report increases of 8 to Il
per cent over last year.
Evening star., 1940-11-12
World Wheat Crop
Shows Drop From
Last Year
Decline of z Per Cert
Reported by U. S.
Agriculture Chiefs
BY the Associated Press.

The Agriculture Department re-
ported today that the 1940-4l world
wheat crop, including China and
Russia, was expected to be about
per cent below that Of l939-40 and
about per cent below the large
l938-39 crop.
The world crop was estimated at
about 6.l00,00O0O0 bushels, COM
pared with 5000 900 900 in 1939-40
and $500 100000 in 1889. The
average for the five preceding years
was 5.500000,000 bushels.
While the Russian crop was re-
ported to be larger than last year,
there has been no evidence, the de-
partment said, of any increase in
exports from that country For the
balance Of Europe. including the
Danubian Basin, a reduction of 20
per cent was indicated
The world supply situation was
said, however, to be playing only a
minor role in American markets.
Prices advanced this week due
largely TO some improvement in
the demand for flour, smaller Offer
ings of cash grain and active trad
ing in futures. May and July wheat
advanced to the highest point of
the season, while premiums for cash
grain held firm.
Stocks OF American wheat under
Government loans to growers con-
tinued to increase. the total now be-
ing 243 900. 600 bushels, the depart
ment reported.
American exports of wheat were
reported TO be far below last years
level. Shipments for the July-Sep-
tember quarter amounted TO only
1853000 bushels, compared with
6,777000 during the comparable
period last year.
Crop conditions in the winter
wheat belt received little atten-
ton in trading circles last week,
but some improvement took place
as result Of rains in Ohio, In
diana Illinois, Missouri, Eastern
Kansas and parts of Oklahoma.
Evening star., 1940-11-12
Foreign Exchange

NEW YORK. Nov. u lP.-The Shang-
hai dollar dropped nearly Il cent to &
United States cents today in what ap-
peared 70 he belsted response to week
emo news Japan had taken control ot
Nationalist banking facilities in the Far
Eastern metropolis.
Banking quarters viewed the japanese
move as a threat to ShsnghaTs financial
and economic independence The posi-
tion Of Generallssimo Chang Kai-shek
was also regarded as weakened
Free sterling improved TO 81 "a and thu
Canadian dollar inched I'D to s7is United
of cent 10 %" % United StateS cents
Late rates follow Great Britain ir
dollars, others in centsl:
Official Canadian Control Board rates
| for United States dollars: Buying, 10 pei
cent, cent premium; selling II per cent pre'
dian dollars in New York of buying, 9g1
per cent; selling 900 per cent
Canadian dollars in New York oper
market. 127s per cent discount or ST12E
United States cents.
Europe.
Great Britain. official BANKERS For.
eign Exchange Committee rates) buying
81 o.: selling. S4.04; open market, cables
1875; Finland. 3.05n; Greece. 06Sn:
Hungary. 10 son: italy, 500, Portugal
4 4o1: Rumania, O4Sn; Sweden, 23s7i
Switzerland, $3.50; Yugoslsvia. 2.35n.
Latin America.
Argentine, official o9.77: free, % 76;
Brazil, official COS; free. sos: Mexico
Japan; 23.4s: HONG Kong. 1887: shsng-
Rates in spot cables unless otherwise
indicated1
Nominal.
Evening star., 1940-11-12
Steel Rate TO Edge
To 96.1 Per Cent
In Current Week
Institute Report Cites
93.5 Per Cent Pace
Of Year Ago
BY the Associated Press.

BY the Associated Press.
NEW YORK. Nov. l2-Steel mills
this week will operate at 96.l per
cent Of capacity, the American Iron
& Steel Instituted reported today.
The rate is an increase OF i OF a
point from that of the previous
week and marks the eighth consecu-
tive rise in steel manufacturing op-
eratlons.
A month ago, mills operated at ga
per cent of capacity and, year
ago. at 935 per cent.
Structural steel fabricating plants,
which in recent years have seldom
operated at more than so per cent
capacity. are being rushed by orders
for aircraft and other defense plants.
Plants manufacturing airplanes
and aircraft engines have required
l06 952 tons of fabricating structural
steel so far this year. Hangers and
other airport buildings. plant addi-
tlOns and miscellaneous aircraft
facilities have taken an additional
l25,945 tons.
Evening star., 1940-11-12
New York Produce

NEW YORK Nov u CP,,-Eggs two days
receipts, 24."sQ: IRREGULAR, Mixed coiors color
Graded hTsts - seconds s6, ~ ~ .ysrn me
checks. 1919 Refrigerator. fancy 70
extra fancy, 22l4-25: extras 2l24; stand
ards. 2034: frsts 1934: seconds, lSl2-19;
mediums, 1s-lsIa: dirties. 49,
Whites: tResales of premium marks
37i2-40j; nearby and Midwestern pre-
MUM marks; 341e-37; specials "a; stand
fancy heavier mediums, 26-2gi2>: me-
diums. 25-25l2; pullets !2-22l2 Re-
frigerator, nearby and Midwestern specials
o4-26i2: standards ""-"3; frsts, 2o-a1
mediums 2l-21i2.
Browns Nearby and Midwestern fancy
to extra fancy. 34-35: specials. 33i2
standards 29'2 mediums. 25-25l2: pullets'
21-"1i2
Duck eggs 1894
Butter two days receipts 9?4 100;
frmer, Creamery: Hieher than 81 score
and premium marks, 33l.-33; % score
cash market, 3294-33: Ss-9l score, 81
;}3~i: S4-S1 score. 2a-30l2.
Cheese two days receipts. Al So;
firm. State. whole milk fats: Held, 1899.
24-25: Junes. 1910, 20-21; current makes,
l134-lSl2.
Evening star., 1940-11-12
Dividend Increased
By United Aircraft;
Backlog Climbs
untitled Orders Total
$40. 900, 900; Further
Jump Expected
pv the Associated Press.

Nv the Associated Press.
NEW YORK. Nov. l2-The
United Aircraft Corp. yesterday
announced an increased dividend
and reported untitled orders of
sl90,000000 apart from pending
Government awards of an addi-
tional s238 100000
The dividend Of 81 a share on
the capital stock, payable Decem-
Der l6 to holders of record Decem-
ber 2. compared with $50 paid
June Is For 1889 total dividends
were 81 a share.
In an income statement for the
September quarter the company
showed net profit of s2,97l66l,
equal to SLIP share. against
SO .848 OFT, or s145 a share. in the
preceding quarter and So, 2,120,6l7. or
80 cents a share. in the September
quarter last year
For the nine months ended Sep
tember 30 net profit was S9,l99 1853,
equal to s346 a share. against
s5,799 309, or s2l3 a share. in the
like 1889 period.
Regarding backlog the report
said:
Unified orders at September 80
of approximately sl90000,000 do
not include procurement by the
Government for the joint Army
and Navy program totaling ap-
proXimately S233 100000 To date
notice of awards of approximately
Sl30000000 of this business have
been received from the Navy De-
partment and negotiations in con-
nection with the remainder are
nearing completion.
The inclusion of this business
will raise untitled orders TO ap-
proXimately S430,000, ,000.'
The company's dollar shipments
set an all-time record at Sl2 900 900.
Untitled orders July ! amounted to
S2l2, TIT ,668.
The companys principal proper
ties are at East Hartford and Strait
ford, Conn.
Electric Boat Co.
Directors of Electric Boat Co,
makers of submarines and small
craft today declared a dividend of
40 cents share. payable December
10 to holders of record November 26
The disbursement. same as paid in
June. will raise 1910 dividends to 80
cents a share from 60 cents in 1899
Plants are in Bayonne, N. j., and
Groton, Conn.
Columbian Carbon.
Columbian Carbon Co. directors
ordered a year-end dividend of Sl60
share. payable December 10 to
holders of record November %
Three payments of 81 each were
made earlier this year, bringing l94C
payments to $3.50 from 81 so in 1899
Plants are in Texas. Illinois. Kansas
Pennsylvania. New Jersey. New York
and Louisiana.
c., N. o. g. L. Railway.
Common stockholders of the Gin
cinnati, New Orleans & Texas Pacific
Railway Co. will share a S2.242 500
melon, ordered by directors in a SIS
dividend. 1t will be paid December
20 to stock of record November %
and will bring 1910 payments on the
$40 stock to So, compared to Sc in
1889.
Evening star., 1940-11-12
S728,868 Net Shown
By United AirIines
In Third Quarter
Result Compares With
S557, ,32o in Same
Period Lost Year
BY the Associated Press.

BY the Associated Press.
CHICAGO, Nov. l2-United Air
Lines reported third-quarter net in
come of S728868, equivalent to 4S5
cents a share Of stock outstanding
compared with net income Of $751;
329. OF 81 cents a share, for the
corresponding 1899 period.
For the y months ended Septem-
ber 80 the company's net income
was S985,177, compared with s151,-
946 for the y months ended Sep
tember 30 1889.
The company reported it flew IT.
273252 revenue passenger miles in
the three months ended September
80. for a gain Of SIS per cent over
the third quarter last year. Express
pound miles tOtaled 604 802 ,127 and
mail pound miles 1,472 .l68007 for
gains Of 279 and SO per cent, re-
spectively.
Evening star., 1940-11-12
Grain Values Rise.

Prices of most grains have risen
to levels comparable or above a
year ago. Corn is more than 20 per
cent higher. Government econom-
lists. discussing the outlook for a
higher general average of prices,
said this trend might be most pro-
nounCed for commodities normally
consumed almost entirely domes-
tically, such as some vegetables and
fruits and most livestock. Com
mOdities largely dependent upon
world markets or supported by the
Government loan programs, such as
principal grains, may not be very
different III l941 than in 1910, they
said.
This following table shows the
trend OF prices Of principal farm
commodities with only approximate
figures given for comparative pur-
poses.
Evening star., 1940-11-12
Chicoqo Produce

CHICAGO. Nov. l. ,P,.--Popltry live i've
Receipts cars ! due, on track )? TRUCKS I:
Steady to firm: hens. over ) pounds. Is 2;
pounds and under odasc LIZ ducKS; tnrkevs vs.
toms young. 1872; hens, lSi2 capons:
pounds up. 1872; under pounds l7'a'
cream, e8 score 32'4 -33r.; g, score;
39I.. - score 30; 90 score, 81 "a; 50
score. 3o7, Ss score. 30; 90 score. CEN
trazed Garlots pndois,s 81 4-o5 steady. fresh.
graded. extra ffrSts, 25ls: frsts. local. 20;
cars. q. current receipts. 1872; dlrtleS.
II checks, 1512. refrigerator. extras ~
refriaerators, standards 1sa.. o..
Potatoes, arrivals 80: on track -.
total U. 8 shipments Saturday. 3l5; sun
dav 20: Monday 3sl: supplies moderate
demand slow. market steady; Idaho: R9s-
SET Burbanks. U. 6. No. !. -35-65: Ne
braska Bliss Triumphs: 20 per cent or
more U. S. No. !. l.50-15: Minnesota ana
North Dakota. Cobblers. 500 per cent
U. S No. /, 90-l.05: Early QbioS, s0.S3
per cent U. S No !, 95-l 90; Bliss TIL
umphs. sO-S5 per cent U. S. No. l, LOO
10
Evening star., 1940-11-12
Crude Oil Prices

prices Mideontinent S 0fiH area! Illinois. uo 81 :?
Oklahoma-Kansas. gravity scale, 50 &c
l 10; North. North Central and West Cen
trsL Texas, gravity scale II to 1.03.
scale. % to %: North Observation-Disclosures
gravity scale. y to ! ,05: Rocky Mountain
area, Salt Greek, Wyo., gravity scale, So to
10.
Eastern area, PENNSYLVANIA grade Brad
ford -Alleghanyl. 1.S5: same grade in
Southwest Pennsylvania lines. so; same
grade in Eureka lines, Al; Corning. / IL.
Evening star., 1940-11-12
Minnesota & Ontario
Paper SuIes Climb
RY the Associated Press


MINNEAPOLIS. Nov. II. - Net
sales of the Minnesota & Ontario
Paper Co. and subsidiaries totaled
Sl3 ,256 .5O6 in the first nine months
this year, gain of S2,544,844 over
1899 to October /. the 25th report of
trustees of the United States Dis
rict Court showed. The company
has headquarters in Minneapolis
and plants at International Falls
MINI. and Fort Frances and Ken
ora, Ontario.
Net profits in the 1910 period were
Sl849676. against s608 ,245 last year.
The trustees reported that reor-
ganization plans are progressing.
Evening star., 1940-11-12
CeIanese DiscIoses
S6,607, Profit
In Nine Months
Net Contrasts With
S4,261 ,809 in Some
1889 Period
BY the Associated Press.

By the Associated Press.
NEW YORK, Nov. 12.-Celanese
Corp. of America reported today for
nine months ended September 30
net income of S6607 $50 after all
charges and Federal income taxes
at the new rate. This was equal,
after preferred divided requirements,
to S40l a common share and COM
pared with s4261 ,809, or S211 a
common share in the comparable
period a year ago.
Third quarter earnings of S2.085.-
010, equal to Sl24 a share after
taxes at the new rate, compared with
S1,234034 or 55 cents. in the third
quarter Of 1899.
DR.. Camille Dreyfus, president,
said, The increased profits are
not the result of war activities, but
reflect the continued and natural
growth of the company's business"
Parke Davis & Co.
Parke Davis & Co. reported for
nine months to September 80 net
profit of s5,884438, equal to s1.2O a
common share, against S7,lO6 SIT. or
Sl.45 a share, in the like months of
1899.
Mid Continent Petroleum,
Mld-Continent Petroleum Corp
reported for nine months ended
September 80 net profit of 81 ,607 500
equal to ST 40 capital share. COM
pared with SLID 1888. or 60 cents a
snare IN the first nine months of
1899.
Reed Roller Bit.
Reed Roller Bit Co. reported for
the September quarter profit of
S3l7.867 after charges but before
provision for Federal taxes. COM
pared with s445O in the September
quarter last year.
Evening star., 1940-11-12
Distillers Corp.-Seagrams.

NEW YORK, Nov. - ,Pp.-Dis-
tillers Corp. -Seagrams, Ltd, report
ed consolidated net profit for the
fiscal year ended July 81 of s97l6,-
1893. or $500 a common share COM
pared with $685. .313. or 1929 a
share, in the previous u months.
Evening star., 1940-11-12
Money Market

steady: l per cent Price commercial pa
per, = per cent. Time loans s.eady: 5000
days II, rer cent; As months, IL per
c5nt Bankers -acceptances unchansed;
6O-9o days, lz.i. per cent: months.
90 per cent: 5-6 months, g per cent.
Redlscount rate. New York Reserve Bank
| per cent.
Evening star., 1940-11-12
B. & O. Loodings Down
Moderately in Week
B, the Associated Press.

By the Associated Press.
BALTIMORE. Nov. 12-The Balti-
more & Ohio Railroad reported it
handled 52,138 cars of freight during
the week ended November 9, COM
pared with 55,433 handled the previ-
Gus week and 55171 during the COR
responding period Of last year.
Evening star., 1940-11-12

Quotations furnished by National AsSo-
citation of Securities Dealers, Inc, which
states they do not necessarily reflect actual
transactions or firm bids or offers, but
should indicate approximate prices. and
unless otherwise indicated. are as quoted
by the sponsors or issuerS.
-Asterisk indicates, mot quoted by spon-
sorS 'or iSSuerS."
Evening star., 1940-11-12
Ponomo Canal Tolls
Ahead of Year Ago
By the Associated Press.

During the first week Of Novem-
Der Panama Canal tolls amounted
10 s444478 compared with s375, ,591
in the corresponding week a year
ago
Evening star., 1940-11-12
Steel Quotations

NEW YORK. Nov. 1o QP.-steel prices
per 100 pounds fob. Pittsburgh: Hot
rolled sheets. base price. 210. Galvanized
sheets, $50. Steel bars, 2.15.
Evening star., 1940-11-12
Freight Loodings
Reported by Smith. Barney g. c

NEW YORK. Nov. j dP.-Revenue
freight cars handled by railroads report
ing today for the week ended November
included
Evening star., 1940-11-12

Egyptian literature indicates that
the PharaoIs trained pigeons TO
loop the loop
Evening star., 1940-11-12
London Tin Prices

LONDON Nov. IL lP,-Tin steady spot
e25s los bid. f25S IS asked; future, f26C
IS bid. eco los asked.
Evening star., 1940-11-12
Investing Companies

NEW YORK. Nov II tP,-National AS
soclatlon Securities Dealers, Inc:
Moon Quotations
Evening star., 1940-11-12

Farm Cash Income
For 1910 May Top
Nine Billion
Advancing Price Trend
Indicates Substantial
Gain This Year
BY FRANKLIN MULLIN.

CHICAGO, Nov. 12-The rising
price trend of important domestic
agricultural commodities since late
summer when the national defense
program began to gather momen-
tum was cited today as an indication
that the 1910 farm cash income for
the first time since 1929 might top
$4,000 100000
Last years farm cash income was
So 500 100000. while in the depths OF
the depression it was less than 5
billion.
Strengthened by Americas de-
fense plans but without support of
normal foreign demands, prices of
the major domestic farm commodi-
ties have regained on the average
more than one-half the market de-
moralizing loss that followed Ger
man successes in Western Europe
early last summer.
Domestic Demand Up.
Analysts studying quotations in
various Chicago markets said today
this recovery, despite obliteration of
most of the foreign outlet for eX-
portable United States agricultural
/ surpluses, was the basis of optimistic
hopes for improved farm income.
Better domestic demand for farm
products, rejecting swelling indus
trial pay rolls. has been felt chiefly
in meat and produce markets where
it has been translated into higher
prices for farmers livestock, butter
and eggs. Market experts said these
we're the items which normally put
the most money into rural pocket
books.
Hog prices have more than re-
gained the loss since mid-May and
now are almost as high as year
ago despite the fact that marketing
and slaughter recently has been at
record breaking levels for this time
of year Prices CT best cattle have
risen 30 per cent since June and
are the highest IN three years Egg
and butter prices have recovered
practically all of the loss that fol-
lowed the capitulation OF France.
Smyrna times., 1940-08-08

Mofitt, Miss Thelma Dulin and
Miss Jean Russell left on Sunday
for a camp near Lancaster, Pa,
where they will spend two weeks.
Mr.. and Mrs. Wendell Walker
and children of Kentucky, Mrs.
Raw Lauk Cooper of Washington,
d c. and Mrs. Frederick Duball
of Philadelphia, have been recent
visitors with Mrs. Sara M. Farrell
and Mrs. Alice M. Reed.
Mrs. V. Lay Phillips, Miss Helen
start and Miss Elizabeth Phillips
have returned home after spending
a week at Rehoboth.
Mrs. S. G. Spott of Douglasville,
Pa, is the guest of Mrs. r. H.
Denney and daughters.
Mr.. and Mrs. Clarence l.. Lynch
and daughter Nancy, of Philadel-
phia, are guests this week of Mr..
and Mrs. Charles A. Burrous.
Mrs. c. w. Schantz is spending
the week at Rehoboth Beach.
Mr.. Harry Clark is spending a
week in Atlantic City.
Smyrna times., 1940-08-08

fill the vacancy created by the res
ignation of John M. Roe of Dover
has been reappointed. John G
Tarburton, Of Dover, and Arthur
F. Walker, of Woodside, com.2ue
to serve on the Committee.
In Sussex County, Elmer Dicker-
son, of Milton, succeeds Claude Ell
lis of Seaford, whose term expired
on June Both. Mr.. Dickerson has
been active in Extension work
Land Use Planning and Dairy
Herd Improvement work. F. M
Gum, Jr., of Frankfort, and E.
Laird Kratz, of Greenwood, are the
other members of this committee
secretary of the county commit
tees. The County Agents serve as
ex-officio members of the commit
tees in their respective counties.
The responsibility of the COM
mittee is to approve borrowers of
Tenant Purchase funds, as well as
the farms which they buy. The
committee recommends the MAX
ing of loans, to the extent of avail
able funds, to those applicants
who have the character, ability
and experience necessary for sue
cessful farm ownership.
Since the committee will meet
shortly to consider applications for
these loans, Mr.. Tyson emphasized
that persons wishing to be consid-
cred for advances under this years
appropriation should file their ap-
plications with him as soon as pos
sible. Applications should be filed,
either personally or by mail, at the
following address: Mr.. Chester j.
Tyson, Supervisor, Farm Security
Administration, Parke Building,
South State Street, Dover, Della
ware.
Smyrna times., 1940-08-08

bushels of wheat on each farm
covered by these policies, but they
also call the attention of farmers
regarding the Importance of noti-
flying the county Office within
thirty days after their wheat has
been threshed if their yields are
below seventy-five percent of the
normal production. Farmers in
Kent county are taking consider
ably more interest in crop insur-
ance, as indicated by a decided in
crease in the number of bushels of
wheat insured this year as COM
pared to 1889, and it is expected
that a greater number of wheat
growers will take advantage of
this form of insurance on their
1941 wheat crop.