davidaulloa/AmericanStories huggingface dataset:
Evening star., 1940-07-25
Stock Averages
BY VICTOR EUBANK,
Associated Press Financial Writer


NEW YORK, July 25.-Continued
befuddlement over the war, politics
and taxes today kept most stock
market traders on the speculative
fence
Leaders tried feeble rally at the
start. but failed to follow through.
There were subsequent recovery in
tervals and relapses. Prices stiffened
at the finish, especially for a few
SteelS and motors.
Although the turnover for the full
proceedings was around 250,00O
shares, against yesterdays 22-year
low Of 10000, activity was hardly
more than for an hour in normal
sessions.
The main handicap, brokers said,
remained in the question of Just
when Hitler would strike or be
struck and whether, if the German
smash actually eventuates, England
can Withstand it. In addition, the
apparent delay of the threatened
Nazi blast led to a revival of peace
talk in financial quarters.
Earnings statements still were
highly favorable and business pros
poets were far from pessimistic. Ali
this, though, seemingly added up
to nothing, so far as market stin.u-
lation was concerned.
Rails kept their balance fairly
well despite today's freight loadings
figures for last week revealing a
more than seasonal decline. Oils
were undisturbed by the hating
of petroleum shipments to Spain.
Among resistant shares were Beth
lehem, Republic Steel, General Mot
ors, Chrysler, Glenn Martin, Santa
Fe. Anaconda, Standard Oil of New
Jersey, Texas Corp, Spiegel and
Loft.
Without much climbing steam
were United States Steel, Boeing,
Sperry, Douglas Aircraft, Great
Northern, Westinghouse and Good
year.
Evening star., 1940-07-25
Washington Produce

BuTTER-93 score tubs. 30h: 1-pound
score. tubs. 29A; 1-pound prints. 29s4;
4-pound prints 3OA: 9I score, tubs, 29A:
lopound prints. 29'4: A-pound prints.
30M; 30 score tubs. 27al: 1-pound prints,
sSA; A-pound prints. 2S34: 80 score.
TUBS. 21A:. 1-pound prints, 2SH; A-pound
prints. 2sN:, SO score tubs, 27H; 1-pound
prints. 2s; A-pound prints 2Sh
LIVESTOCK-Calves, o; spring lambs,
SR. Other livestock prices unavailable.
From Agricultural Marketing Service.
Prices paid net fob. Washington:
EGGS-Market steady. Prices paid for
Federal-State graded eggs received from
grading, stations (July 25): Whites: q. S.
extras, large. 25-27: U. s. extras, mediums
1928; U. S. standards, large, 2O-23; U.
s.. standards. mediums 1920; u s. trades.
y: 8. extras, mediums; 1922; q: s. stand
diums. 1915. y. 8. trades, 14-17 For
nearby ungraded eggs. current receipts,
whites. 17.lz1a: mixed colors, 16-16h
LIVE POULTRY-Market steady. Fowl:
Colored all sizes 1915; No rs. 1l-12;
Leghorns, 11-12. BOOSTERS, SO. Chickens:
Virginia Rocks broilers and fryers, ali
No. Is. IL. Leghorn broilers, all sizes.
"A. Turkeys: Old toms, 1O-11; hens, 13;
No. 2s, hens and toms. 8.
Evening star., 1940-07-25
Chicago Produce

CHICAGO, a1,Ias July e5 op..,Poultry. live,
141a: broilers. pa pounds and and down down
Seolored; IS: Plymouth Rock: 16: white
Rock. 15l2: springs pounds up, White
Book. R,. 1917; under 4 pounds, coiored. Is:
Plymouth Rock IS: White Rock, 1877:
ducks, 4 u pounds up: colored s: white,
q: small. colored, 8; white. 8: other prices
!. Butter. receipts. 1,sae.see: steady: mar
- Eggs: receipts. 1884: steady: market
Potatoes. arrivals. 11s: on track. 3O2;
total. total o. d s; shipments, $780, Supplies mod.
California Long Whites. no sales reported
4dsho Idsho bliss Bliss ] ]IriHmphs 2. g. No; J. l55;
Ransss = aas oo ocobblers: fail, to good quality.
uSo-l 90; Nebraska Bliss Triumphs, fair
TO good quality. LIS; Nebraska Cobblers.
jar far to good, .lO-1 5; Nebraska Warbas'
SII.I sHsiity yr,;n and ,condton 751 Missouri
Oregon Bliss Triumphs. d. 8. No. i, i3S.
! 535h; 1 Oregon Long Whites. U. g. No. /,
I; 2.25: washington Russet Burbanks, q. 8.
No. l. 21O. : ~
Evening star., 1940-07-25
1910 Lamb Crop Expected
To Reach New Record
BY the Associated Press.

By the Associated Press.
Based on reports from producers,
the Agriculture Department today
estimated the 1910 lamb crop at
80, 2,729 900 head, the largest on rec
ord. This was per cent larger
than the 1889 crop of 81, ,78l 900 and
9 per cent larger than 1929-l938
average of 30,085 900.
The increase over last year was
nearly all in the Western sheep
States, where the crop was esti-
mated at 21,613,00O head, compared
with 20,808,000 in 1899.
Texas accounted for this sharp in
crease, the crop there growing from
4,030,000 in 1899 to 4,867 1000 this
year.
Gains also were reported in South
Dakota, Montana, Colorado, New
Mexico Utah and Nevada. There
were decreases in California and
Oregon.
Evening star., 1940-07-25
Glenn |. Martin Co.
Reports 100000
Order Backlog
Net SoIes for Quarter
Set AII-Time High
OF $ll,201, ,0S2
BY the Associated Press.

BY the Associated Press.
BALTIMORE, July 25.- The
Glenn L. Martin Co. reported yes
terda, that its backlog of untitled
orders was in excess of $110, 900 600
as of June 80, 1910, while its flnan-
cial statement showed net sales for
the second quarter Of the year
reached an all-time high of $11,-
POI ,082.81.
The exact amount of untitled or
ders, the company explained, de-
pended upon the extent to which
it may be decided to expand pro-
duction for the British Purchasing
Commission. The British have said
they would take all the airplanes
the Martin company can produce ir
18 months.
Net sales for the first six months
of 1910 reached $20,112, ,476.42, while
net income for that period was $4,.
291 1895, equal to 1892 per share
on the 1904, ,532 shares of common
stock outstanding. Net income fol
the second quarter, after reflected
substantial increases in income tax
reserves, was $2,128,81996, equal to
$195 per share.
The company paid a dividend OF
81 per share on July 10, the second
in its history. The first was paid
last December.
Martin announced a department
was being operated for further de-
velopment of its Mareng fabric fuel
cell, especially the bullet-proof or
self-sealing type. The basic patents
for the Mareng tank are owned by
the Martin company, which has
signed a license agreement for this
Nation with United States Rubber
Co., which, Martin said, was under
stood to be planning production OF
the device at its Detroit factory.
A plan to decentralize operations
at Martins Middle River plant and
possible location of a new aircraft
manufacturing unit at Municipal
Airport also was announced. Mar
tin said the company was facing a
need for expansion and added q
survey was being made to find q
location for at least one more plant
and possibly two or three addi-
tional factories.
Evening star., 1940-07-25
General Motors Stock
Bonus for Ketterinu
Shown in Report
Noted Research Engineer
Received Securities
Valued at $4,000

By the Associated Press.
The Securities Commission dis
closed yesterday that Charles F.
Kettering of Dayton, Ohio, officer
and director of General Motors
Corp, had received bonus of stock
having a present value of more than
$4,000.
Kettering, noted research engi-
neer, received 3,2S3 shares of Gen.
eral Motors $40 par common stock
as compensation on April 10. This
was shown in the commissions sup
Elementary report of transactions
by officers, directors and principal
owners of corporations during May.
The Kettering report was received
too late for the April summary.
Pierre S.. du Pont of Wilmington,
Del, reported that on May 10 he
delivered 25,936 shares of E. 1. du
Pont de Nemours $40 par common
stock in partial payment of loan
made in 1919. This reduced the loan
to $1,000 shares, which was 242
shares more than du Pont retained
in his direct holdings.
Reports Other Interest.
He reported an interest in 3,049,-
300 shares held by Christiana Sc
curities Co. and BIS shares in trust.
Du Points short interest in the
issue was 108,460 shares when 1t
first was disclosed by the S. E. c.
more than year ago.
Frank E. Gannett, Rochester, N.
Y. publisher, reported the sale of
his entire $4,000 shares of Gannett
Co., Inc. 81 participating preferred
stock, which he had acquired in
April by conversion or exchange
OF 10000 shares of Glass A common
stock.
Connors Brothers Securities Corp,
Boston, reported the purchase of
$4,000 shares of Narragansett Rae
ing Association, Inc, common stock
in March, and the subsequent sale
OF 8,10O shares, leaving a net acquisi-
tion of $4,000 shares and raising
the corporations holdings to 61,-
300 shares. The corporation bought
an additional 165 shares in May.
Howard B. Robertson, jr., gave
away 1850 shares of Champion
Paper & Fiber common and re-
ceived a gift of 210 shares. Ada
M. Wilkinson of Greenwich, Conn,
gave away 1.70O shares of Crucible
Steel Co. 500 par common. Will
lard D. Hosford gave away 936
shares of Deere & Co. common.
Sells Chrysler Stock.
James c. Brady of New York re-
ported that Brady Securities g.
Realty sold 4,6O0 shares of Chrysler
Corp. common stock, and Harold
E. Talbot of New York sold $500
shares. Edward C. Pfeffer of New
York bought 100 shares of Cluett
Peabody & Co. common and sold
300 shares. Max Schott of New
York gave away 1926 shares of Gil
max Molybdepum Co. common.
Lincoln F. Schaub of New York
sold his entire 2,400 shares of Amer
ican Ice Co. common. Philip G..
johnson of Seattle, Wash, received.
as a dividend. rights to buy $500
shares of Boeing Airplane Co. COM
mon, and sold the rights six days
later.
Evening star., 1940-07-25
Profit Of S4,535,&2
Reported byl. B. N.
For First Half
Result Compares With
$4,392,356 Recorded
In 1889 Period
By the Associated Press.

By the Associated Press.
NEW YORK, July 25.-Interna-
tional Business Machines Corp. re-
ported net profit for the six months
ended June 80 was $4,535, ,482, or
$505 a common share, compared
with 81 1892 1856, or $5.13, in the like
period of 1899.
In the latest period the number
of shares outstanding was 898,l78;
in the earlier, 855 ,408.
Latest profits excluded s958 1854
blocked foreign net income, while
in the first half of 1889 this figure
was $3.50, $40.
Gillette Safety Razor.
Gillette Safety Razor Co. reported
first half net profit of 81 1893, ,451, or
20 cents a common share, against
s1,616.9O7, or 43 cents a share, in
the first half of last year.
Cluett Peabody & Co.
Cluett Peabody & Co. for the six
months ended June 80 earned net
profit of sl,236 ,685, or $1.65 COM
mon share. In the same period of
1889 profit was $1,266,171, or $1.69 a
common share.
American Steel Foundries.
First half net profit of American
Steel Foundries was $1,666, SIS, or
$1.40 a common share, against
$114,342, or 9 cents a common share,
in the first half last year.
Babcock & Wilcox.
Babcock g. Wilcox Co., makers of
boilers, reported for the six months
ended June 30 net profit of $1,474,-
905, or S219 a common share, COM
pared with net loss of 1886 $50 in
the like period of 1889.
National Distillers.
National Distillers Products Corp.
net profit for the first half of this
year was $2.431, ,219, or $1.19 a COM
mon share, compared with 81, no. 1877,
or $10 common share, in the first
half last year.
Monsanto Chemical.
Monsanto Chemical Co. reported
net income of its American sub
sidiaries in the June quarter totaled
81 ,465 ,689 after charges, equal to
SLOT a common share, compared
with $9l8,801, or 64 cents common
share, in the like 1889 quarter.
Scott Paper Co.
Scott Paper Co., Chester, Pa, re-
ported net earnings for the six
months period ended June 20 were
$752 BOG, equal to SLIP a share, COM
pared with $727,579. or s1.09 per
common share, for the six months
ended July /, 1889. Net sales for
six months of $10,149,657 were the
largest for any six months in the
company's history.
Youngstown Sheet.
Youngstown Sheet & Tube Co.
reported second quarter net profit
OF $1,169 ,283, against $1,253 ,929 in
the first quarter and $329, ,086 the
second quarter of 1889.
After preferred dividends, second
quarter earnings were equal to about
81 cents share on the 1,675 ,0O8
shares outstanding, against 63 cents
the first quarter and z cents the
second quarter of 1899.
Evening star., 1940-07-25
New Preferred Registered
By Consolidated Gas
By the Associated Press.

0y Vic ASSOCldtc0 1lSSo.
Consolidated Gas Electric Light g.
Power Co. of Baltimore filed with
the Securities Commission yesterday
registration statement covering
1928 shares of 4 per cent cumula-
tive preferred stock, series &C." 500
par value.
The company said that proceeds
would be used to reimburse the
company's treasury for capital ex-
penditures since July 81, 1885, in
cluding $2,829 900 for retirement of
bonds; $536,895 for the purchase of
capital stock of Safe Harbor Water
Power Corp; s139,7O0 for the re-
demption of three series of pre-
ferred stock, and for improvements,
extensions and additional property.
White, Weld & Co., the First Bos-
ton Corp. and Minsch, Mcneil & Co.,
Inc, all of New York, were listed
as the three principal underwriters.
Evening star., 1940-07-25
Higher Net Reported
BY Northern Pacific
BY the Associated Press

BY the Associated Press.
ST. PAUL, July 25.-The Northern
Pacific Railway today reported net
railway income for June of $8O8, ,791,
an increase of $143,206 over June,
1899. and for the first six months
OF this year, $4,402 ,079, an increase
Of $2,708,668 over the first half of
last year.
The Great Northern Railway re-
ported its June net railway operat-
ing income totaled $2,332 1894, COM
pared with $2,158,304 for June last
year. Net railway operating income
for the first six months of this
year was $6,694, ,709, compared with
$3,735 ,485 in the corresponding 1899
period.
Evening star., 1940-07-25
Boston Wool Market

BOSTON, July 25 LE1 Omitted States De-
partment of Agrlculture) There was q
market today and mill buyers were max
ing more INQUIRIES partly in anticipation
of new Government purchases for de-
ritoIy vools. running largely staple, and
good French combing lengths sold at
around - to S5 cents, secured basis.
original f1ne wools were quoted mostly
20 to a3 cents. while woods running mostly
were quoted ct rs to 7s cents. secured
basis.
Evening star., 1940-07-25
Milwaukee DiscIoses
Decline in Deficit
BY the Associated Press.

6y the Associated freSs.
CHICAGO, July 25.-The Chicago
Milwaukee, st. Paul & Pacific Rail.
road Co. today reported a net oper.
ating deficit for the month of June
of $l54,527, as compared with $780,.
337 for the same month year ago
For the six months ended June &c
the net operating income was S..
023,475, as compared with $lO8 .820
for the same period q year ago.
Evening star., 1940-07-25
Foreign Markets

LONDON. July 25 R.-Prices in the
sections today and closed at the days
highs in most cases. Business still was
small. but brokers reported some expansion
in turnover
T Industrial shares attracted increased in
terest and leaders closed strong. especially
tobacco and department stores Domestic
rails were auieter. but prices were main
London and johannesburg buying ac-
counted for general improvement in kaffirs.
while base. metal and oil shares scored
small additional gains,
Revival Of interest in Brazilian issues
caused the only movement In foreign bonds.
Copper shares showed some Improvement
with rubber UNCHANGED
VERPOoL.-Cotton futures advanced
on scattered buying, prompted BY In
fiationary implications drawn from the
budget and talk Of . 1O-cent United States
cotton loan program. There was some
reaction from the best. but final prices
were to 5 points higher.
Evening star., 1940-07-25
AIRLINE Travel
lin June Breaks
|AN Records
BY the Associated Press.

oy tuc hSSOSlhlCu FIcSS.
CHICAGO. July 25.-Airline pas.
senger traffic in the United States
broke all records during June, the
Air Transport Association of Amer
lea reported today.
The 101,172,222 revenue passenger
miles flown last month was 115s
per cent higher than the May figure
of 90,662 .538, the previous record
month. The increase over June
1889, was 59.14 per cent.
Evening star., 1940-07-25
Dry Goods Market

NEW YORK, July o5 A,.-Dry roods;
syntnet1c fabrics. there were indication0
ss,.. 3. atm'proved buying interest IA sons
sstSrsa aons nsa nosany spun rayons. ssetals
sc sscctlyity continues yestrtetsd. NSoisn
soSas trade reports dealings II &mited
Evening star., 1940-07-25

Also extra or extras.
Declared or paid SO far this year.
citation OF Securities Dealers. Inc. which
states they do not necessarily reflect actual
transactions or arm bids or offers, but
Evening star., 1940-07-25

trading. 10
Bankruptcy securities assumed companies
included. - "
cumuated dividends paid SO far
Accumulated dividends paid declared this year - ~
Evening star., 1940-07-25
New York Bur Silver

NEW YORK. July 25 R.-Ba,
silver, 4K, unchanged.
Evening star., 1940-07-25

Brazil Il trying to simplify and
StandardiSe it, taxes,
Evening star., 1940-07-25
Insurance Stocks

NEW YORK, July 25 Educational AS
sociation Securities Dealers. Inc:
Nogales international., 1940-02-03
Stoddard Back
From, Trip To
Airplane Factory

ELGIN, Ariz., Feb. 2 - Wesley
Stoddard, who was recently appoint
ed Cub Airplane dealer for Arizona,
has just returned from the factory
in Lock Haven, Pennsylvania with
a new airplane to be used for DEM
onstration and for student instruc-
ton While at the factory he had
the opportunity of inspecting the
plant and to see airplanes being
made in real mass production.
The output of the Cub factory is
in the neighborhood of $50 planes
per month and at the present time
they are several hundred orders be-
hind.
Mr.. Stoddard reports several new
models for 1910, prominent among
which is the new Cub Cruiser, car
rying the pilot, two passengers and
a generous amount of luggage at a
speed in excess of 100 miles per
hour. This airplane is powered with
IS horsepower engine giving it
remarkable performance and carry
ing 18 gallons of fuel it has a cruis-
ing range of 800 miles. The most re-
markable thing about this airplane,
however, is the price. This is the
(Turn To Page Five)
Nogales international., 1940-02-03
Pines Beautifv
Pearl Of Pacific

Mazatlan, 1.-The Pearl Of The Pa
cific,' is prettier than ever as a re-
suit of the planting of maritime
pines, g. project sponsored by the
Mazatlan Rotary Club, DR.. E. G.
Houle told Nogales Rotarians at
their regular weekly luncheon yes
terday.
DR.. and Mrs. Houle and Mr.. and
Mrs. James Manson returned Tues
day from a several days stay in the
metropolis of the West Coast OF
Mexico.
DR.. Houle said another big i'm
provement at Mazatlan is the re-
constructed sea wall, also Rotary
sponsored project.
G. H. McNulty was program chair
man at yesterdays Rotary meeting
and it was announced that an in
tercity meeting of the Nogales, Ari-
IONA, and Nogales, Sonora, Rotary
clubs is planned for March 9Th.
Nogales international., 1940-02-03
"Draft Roosevelt
For President
Club" Organized

A Draft Roosevelt For President
Club has been organized in Phoe-
nix, according to a letter received
Yesterday by the Nogales Interna-
tional from Edna A. Munger of
Phoenix who signed the communi-
cation as Organizer" of the club.
She says that President Roose-
velt should be drafted as a candi-
date for a third term for the fol-
lowing reasons:
"He saved our homes in recon-
mending to Congress the HOLC, the
instrument by which homes were
saved. The FFA which makes pos
sible additional homes. The bank
deposit law. The CCC and many 9TH
er great reforms"
She says there is nothing in the
Constitution that says he cannot
serve a third term and that 1--WE
cannot afford at this time to lose
an emancipation of the first order"
Nogales international., 1940-02-03
Death Claims
Miguel
RonquilLo

Miguel P. Ronquillo, 81, resi-
dent of this city since early child
hood, passed away at his home, 308
Terrace, at S pm. Thursday, follow
ing a heart attack. He had been ill
about two months.
Funeral services we're held at 4
pm. yesterday. Interment in the No
gales Cemetery.
Mr.. Ronquillo was born in Tue
son and came to Nogales in about
1901. His first employment here was
with Jesus Sa1damsndos Interna-
tional Drug Store at the age of II.
After being with that store for many
years he worked at DR.. Fernando
Priego's drug store in Nogales, So
nora, and later opened similar
store of his own which he conduct
ed until establishing the Rainbow
Cleaners, second door north of the
Elks Club on Arroyo Boulevard, in
1888.
He is survived by his widow and
three sons, Fernando, Raul and AL
fredo, the latter being a post-gradu-
ate student at Nogales High School,
Mr.. Ronquillo had a host of
friends who were deeply grieved to
learn of his untimely death.
Nogales international., 1940-02-03
County School
Chiefs To
Meet In Bisbee

BISBEE, Feb. County school
superintendents of Arizona will con-
vene in Bisbee in the superior court
room of the court house Monday
morning at 10 am. for three-day
session.
Monday evening R. E. Souers, SUI
perintendent Of schools in Bisbee,
will be the principal speaker at a
BANQUET over which Miss Ruby Full
ghun, Cochise county superinten-
dent, will preside.
The superintendent will be well
coined by Miss Fulghum. The brief
address of welcome will be followed
by addresses on three subjects and a
discussion period until noon.
Mrs. Bessie Kid Best, superinten-
dent of the Coconino county schools
will speak on "The Problems In
volving County Superintendents.
Changing Educational Objectives in
q Changing World" will be discuss
ed by Dr. H. E. Hendrix, state su-
perintendent of public instruction.
M. j. Hurley, state certification
head, will speak on questions of
certification.
Nogales international., 1940-02-03
Mrs. EdmOnSOn
To Speak Ouer
Radio Wednesday

Mrs. E. S. Edmonson will be the
guest speaker on the radio program
of the Federation of Women's Clubs
to be heard Wednesday morning at
$50, February 7th, over KTAR at
Phoenix and KVOA in Tucson. Her
talk will be on the General Fedora
ton theme,-"Adjusting Democracy
for Human Welfare"
Mrs. Edmonson, who is the State
Chairman of the Department Of
Public Welfare of the Federation.
introduces a series of programs on
her topic and will be followed by
her division chairmen, dealing with
specific phases of Child Welfare,
Community Service, Public Health
and Correction.
Local club women are particularly
interested in the program schedule
since it will serve, in a way, as a
preface to the discussions and plans
which will be heard when the State
Convention of Women's Clubs from
the entire state meet here this
Spring.
Nogales international., 1940-02-03
Youth Jailed
Following
Wild Chase

William McPheeterS, %, of Long
Beach, California, was arrested
about 2:3O am Thursday by Po-
liceman r. G. Michelena charged
with stealing a car from Univer-
sity of Arizona student in Tucson.
Michelena saw McPheeters driving
into town on the Tucson road and
chased him across Banks Bridge,
thence north on the Patagonia road
Quickly turning the car around Nc
Pheeters shot down Morley avenue,
took the dip at Beck street at a high
rate of speed, made the corner of
Morley and Park street at a rate
of about rs miles an hour, went
south to International and west on
International to Holler Canyon
where there was no exit.
1t is said to be the socon1 tim
the youth stole a car He is reportef
to have served time in a refer.
school and penitentiarv