davidaulloa/AmericanStories huggingface dataset:
The Wilmington morning star., 1940-02-08
CHICAGO GRAIN

CHICAGO, Feb. Z Up Wheat
prices rallied about a cent at times
today, strengthened by reports OF
improved flour demand and milling
activity, but this ten ,rary bulge
faded in the final hour and the mar.
ket closed fractionally lower.
A burst of flour business the past
week, principally in the southwest
hard winter wheat area, impaired
some strength to the market. 1nas-
much as most sales were booked
during the recent price decline there
was little lifting of hedges in this
connection today. Most of the sell
ing was associated with modest pro-
fit taking inspired by the price
rally of the past two days as we'll
as prospects of more rain or snow
over much of the grain belt.
Wheat closed 3-8-5.8 cent lower
than yesterday, May 9S-9S is, July
IS 3-8-1-2. Corn was 1913 down,
May Sc 1-8-56, July Sc; oats Is
3-8 higher: rye 1874 lower and
lard unchanged to 5 higher.
Wheat dipped about IL cent In
early dealings but then advanced a
cent during the first hour to the
best levels in more than a week.
Milling interests reported flour sales
in the southwest equaled 1923 per
cent of the milling capacity the past
week, a sharp gain compared with
only II per cent the previous week
and 80 per cent a year ago. There
were reports of large chain bakery
sales the past few days. Spring
wheat mills experienced only a mild
upturn in business, according to the
northwestern miller, bookings being
40 per cent of capacity compared
with 20 per cent the previous week
and 43 per cent a year ago.
Some traders regarded the week
ly weather report as significant IN
view of mention of oats damage in
Oklahoma due to freezing and re-
ference to uncertainty regarding
possible damage to wheat. It re-
ported some wheat in Texas was
hurt by the recent cold weather.
Canada sold approximately 200 900
bushels of wheat abroad along with
scattered lots of barley and oats.
Open High Low Close
The Wilmington morning star., 1940-02-08
NEW O R I 7

NEW YORK, Feb. Z Up New
Orleans raced far ahead of the
local cotton futures market today.
The southern market ran up Is to
16 points on an accumulation OF
buying preceding the Mardi Gras
holiday. Best New York cocld man
age by the finish were gains of 1 to
4 points.
While local traders watched with
keen interest development of the
cotton stamp plan, the government
move to get more cotton goods to
the small consumer appeared de.
finitely bullishness to the south.
The big futures market here open.
ed slightly lower in sympathy with
depressed foreign markets but sup
port soon had the list on the plus
side. A tire factory account was
credited with substantial demand for
March contracts.
Spot houses peppered the rirg
with small selling orders through
out the day, however, which braked
any efforts to climb more than an
outside Of Z points.
Worth Street reported a disap-
pointing trading session. Fill-in lots
were the order of the day and there
were hints of additional price shad-
ing.
Exports Tuesday 1886 bales;
season SO far 4,371,781. Port re-
ceipts $685.; port stocks 3,024,343.
Range follows:
The Wilmington morning star., 1940-02-08
RICHMOND LIVESTOCK

RICHMOND, Va, Feb. 7.-P-
USDA)-Livestock: Hogs Market
steady and unchanged. Good and
choice 1GO-250 lbs, 5.10-5.60 top; 800
40 lbs, 4.30-4.SO; 14o-16O lbs, 4.S0-
$40; 25O-S0O lbs, 4.60-5.1o; over 800
lbs, 4.35-4.S5. Sows under $50 lbs,
3.60-4.10; over $50 lbs, 3.10-3.60.
Cattle-Steady on steers, heifers
and bulls; weaker on COWS and
vealers.
Steers-s.25.S.50; mediums ESQ.,
$50; common 100000.
Heifers-5.50-6.50; good beef bred
7.50-S.00.
Cows-5.5O-5.75 mediums $50.
5.25; common and Gamers 3.50-4.50.
Vealers-11. 00-11.5O
Bulls-6. 00-6.50; lights around 500
600.
The Wilmington morning star., 1940-02-08
What Stocks Did
NEW YORK SUGAR

NEW YORK. Feb. 7-(R-Domes.
Tic and world sugar futures disre-
sarded a l~ifeless raw market and
scored moderate gains today.
Inc domestic list added 1 to 2
points ON sales of 1880 tons. Trade
una reflner interests were main
buyers.
World contracts gained IL to 1
point on turnover of $500 tons:
1Hafeh l.55, May 1.52 1-2 bid. Trade
anu producer covering offset pro.
f~essional offerings.
sugar men said several thousand
'0Ns OF duty-free sugars now afloat
were the main d~eterrents to local
'""iAe' action. Two lots of Cubas
~eie olfered, one for prompt ship.
"'sh' at about 1.91 cents c and F
Gnu another for second-half Febru.
Wy at l'9S, No takers appeared.
cents.
Nu' . range follows.
The Wilmington morning star., 1940-02-08
FEW BUYING FLURRIES HELP STOCK MARKET 70 CLIM
General Motors Earnings
Set New Quarterly Mark

NEW YORK, Feb. T. Up Big
General Motors Corp. today reported
indicated net profits Of s73.6Si. 00C
for the final three months of 1889,
equal after preferred dividends to
$1.66 a common share and the larg.
est earnings for any December
quarter in history.
With the exception of the June
quarter three years earlier, they
were the biggest for any three
months period since the June quar-
ter of 1899.
In the December quarter of 1888,
net profits were $6S, 1902, 800, or $144
a common share.
The Wilmington morning star., 1940-02-08
Mnl1STRlALS LEAD
PACK IN TRADING
., ,.ociated Press Average OF
60 Stocks Gains 2 OF
Point At 1913
o, FREDERICK GARDNER

NV YORK, Feb. 7-LP-stocks
,,is full crept a bit higher today
inv boomlet of yesterday was
lus in miniature in early deal
' hit the impetus loaned by
inss' .;rbt buying orders quickly dis
"sln sed For most of the rest Of
sossion, traders seemed a "let
p' .,o,sh alone attitude, but, in
final minutes, a few buying
n S helped the averages.
Associated Press average Of
s.ocks gained Z of a point at 1913.
W., 1890 shares were transfer
Un!' oonnared with $4,000 yester-
day.
,odinr the pack throughout the
wore industrials and metals,
., rails following sympathetically.
ono of the interesting features of
.bs session was the fact that every
.sction Of the board was represented
~ tho small advance despite the ex'
.r.mely low volume of trading.
Market commentators talked of a
D,onnorarv upswing" from a selling
,.,,ol established through the declin.
;,o nrices of the last three weeks.
Tho commentators concerned. how
srer we're careful to say they re-
f.rrpd only to selected issues"
4 couple of stocks which seemed
~ fall into that character momen-
| +arHv. at least, today were Allied
/ chemical. which gained 3 points at
ia t.. and Observation-Disclosures
| Transit. which rose / is on active
| trading at is Is.
steels advanced fractionally late
in the day despite a report by the
| Iron AGE magazine that the present
| rate Of new orders warranted oper-
| atjp~ steel mills at only about as
| pr cent of capacity, some Is per
/ cent below the present rate.
Other sources said, however, that
| additional orders. based to some eX-
| tent on the European war, had been
| sighted by one Of the largest steel
| companies and that an increase in
backlogs was to be expected.
Among the better share gamers
were Dow Chemical, Eastman,
American Smelling, Phelps Dodge,
Westinghouse, Santa Fe, Great
Northern preferred. Continental Oil,
Continental Can, General Motors,
Sears Roebuck. Douglas, Bethlehem,
and sperry.
Higher by as much as 8 points in
the curb were aluminium Co., In.
ternational Petroleum and American
Cyanamid B" Electric Bond &
Share was trimmed slightly. Turn
over of Ill 900 shares compared with
l24, 900 Tuesday.
The Wilmington morning star., 1940-02-08
N. Y. OIL

NEW YORK, Feb. 7.-CP-Short
covering and outside buying helped
cottonseed oil futures advance 8 to
9 points today.
Some Of the covering, traders
said, appeared based on rumors a
large refiner had cleared up all
available crude oil at 5 7-8 cents
a pound.
Sales totaled 124 lots; Mich 6.93b,
May 7.O5b, July 7.16b, Sep 7.25 o.
Bid.)
Crude oil sold at 6 cents at low
freight rate points in North Caro-
lima. Sales were reported In the
valley at 5 rs while Texas quotet
S 3-4-5 7-S nominal.
The Wilmington morning star., 1940-02-08
CASH RAJ

ohCAGo, Feb. 7-LR-No cash
- 10tn NO. 2 mixed So IA; No. 3, IS
NJ acolrect); No. 1 yellow $3.50
NJ o. 34-5s "a; No. 3, 81 II;
miya s sample red 40 -; No. :
mireu AZ Lib; sample grade
NJ ea 80 IA; No. 2 white 4s -;
WIFI. o. a. S4-43: sample grade
"qlte al 1-4-3.4.
4O,5o o'iey' mailing, 1854 nom: fee6
G. nom; Nc. / barley 60; No. 8
Fused useed per 100 lbs. nominal.
timothy seed 4.so.5.25.
n S~eet clover 4%.5o.5.25.
r,ed clover 1~2.5o,15.oo.
Alsike 1%5.oo.1s.oo.
Alfalfa 1~s.oo,22.oo.
The Wilmington morning star., 1940-02-08
CHICAGO BUTTER

CHICAGO, Feb T. Up Butter
675, S43, steady; 80 centralized car
lots, 20 1-2-3-4; other prices I'M
Ichanged. Eggs S,601, firm; fresh
graded, extra firsts local % 3d.
cars "a; firsts local % Ia, cars
% Sd; current receipts %.
The Wilmington morning star., 1940-02-08
NAVAL STORES

SAVANNAH, Feb. 7 Up -Tur.
pentine steady, IS; offering 4S;
sal : s.; receipts 6; shipments S;
stock Is, O45. Rosin firm; offerings
So; sales IS; receipts ia; ship.
ments 4; stock 1920. Quote: B,
D, Ats; E, $40; F, $40; G, H, I,
K, M, N, $40; WIG, 5.65; WV, X.
$40,
The Wilmington morning star., 1940-02-08
N. O. COTTONsEED OIL

NEW ORLEANS, Feb. 7.-R-
Cottonseed oil closed steady. Bleach.
able prime summer yellow sos
nom.; prime crude 5.S7 1-2-6.O0;
Mch 6.44; May 6.55b; July 6.6S;
Sen 6.79.
The Wilmington morning star., 1940-02-08
COTTON

LIVERPOOL, Feb. 7.-P-Cot-
ton-limited demand for spot, prices
unchanged. Quotations in pence:
American, strict good middling $685.;
good middling 8.53; strict middling
SAB; middling $50; strict low mid
ding 8.23; low middling 1893; strict
good ordinary 7.48; good ordinary
7.13. Futures closed 4 to S lower.
Mch 500; May 500; July 700; Oct
7.75; Dec ITO; Jan 7.67.
The Wilmington morning star., 1940-02-08
OTTON

NEW ORLEANS, Feb. 7.-R-
The average price of middling IS.
16ths-inch cotton today at ten south
ern spot markets was 4 points
higher at 1913 cents a pound: av-
erage for the last 80 market days
1880. ~
The Wilmington morning star., 1940-02-08
BALTIMORE LIVESTOCK

BALTIMORE, Feb. 7-R)-(U. ;.
Dept. Agr.)-Hogs 500; steady. Good
and choce 17O-210 lbs. 5.95-6.20; 22o-
240 lbs. $500; 140-160 lbs. 5.6o-So;
.250-3O0 lbs. 5.45-65; 120-140 lbs. 5.2a'
so. Packing sows 4.20-70
The Wilmington morning star., 1940-02-08
NEW YORK BUTTER

NEW YORK, Feb. 7.-LR-But-
ter 1921, $50 firmer. Creamery:
higher than extra 80 3-4-3l IL;
extra coz score) 80 IL; firsts (SS-
91) 20 $3.50 Ia; seconds (S4-
so ~ 1-2-29 1.2.
Cheese 234,176, steady to firm.
Prices unchanged.
The Wilmington morning star., 1940-02-08

More than go trillion ultraviruses,
natures smallest living things and
deadly enemies of mankind, can be
crowded into a square inch.
The Wilmington morning star., 1940-02-08
SPOT COTTON

NEW ORLEANS, Feb. 7.-R-
Spot cotton closed steady, 16 points
higher. Sales 6,783.
Low middling go; middling 1880,
good middling Ills; receipts 8;
stock 788,457.
The Wilmington morning star., 1940-02-08
NEW YORK

NEW YORK, Feb. 7.-R-Pota-
toes quiet. Upstate No. 1 sack (loo
lbs.). Katahdin, fair 1885,; round
white, ordinary $50, No. 1 sacks
Goo lbs.) Long Island, Green Noun
tain 2.15-25, fair $4,000; poorer
1.5O-75, some lower. Maine, Green
Mountain No. 1, 2.00-2.10. New
crop: bushel box or crate, Florida
Red Bliss 1.90.2.15, mostly 2.0O-2.lo.
The Wilmington morning star., 1940-02-08
NEW e COTTON

NEW ORLEANS, Feb. 7.-UPJ-
Secretary Wallace's announcement
that the federal government would
extend the relief stamp to cotton
textiles and an accumulation OF
trade buying orders over the Mardi
Gras holiday buoyed cotton futures
nearly n dollar a bale today.
Closing prices were steady Is to 1G
points net higher.
The Wilmington morning star., 1940-02-08
NEW YORK EGGS

NEW YORK, Feb. 7.-R-Eggs
23,410; firm. Mixed colors: fancy
to extra fancy II 1-4-1-2; extras
26 1-2-27; storage packed flrsts
26 IA: graded firsts rs IA; Sec
onds "a 1875; mediums "a; dir
ties No. 1, "a; average checks
81 1-2-22. Refrigerator firsts % IL
% IL; seconds 81 1-2-22 IL.
The Wilmington morning star., 1940-02-08
CHICAGO BUTTER

CHICAGO, Feb. 7.-R-The but
ter market was steady today.
Fresh: 90 score 1910 IA; 90, 29-
IL; 81, 20 IA; 30, 20; SO, % Sd;
centralized carlots: 80 score 20 IL
Sd; 80, 20.
The Wilmington morning star., 1940-02-08
rleldseed per 100 ,hs nou;no,
PEANUT

reann 'oLh, Va, Feb. Z Up
huncS quotations: jumhos A.:
TO 9,S to ; "a; runners 3 3.s
IT, Market quiet. 90
The Wilmington morning star., 1940-02-08
EXCHANGE

NEW YORK, Feb. T. Up - The
Canadian dollar lost nearly 1-3 cent
in relation of the dollar today, lead
ing a broad retreat in other major
foreign monies.
The Dominion currency has weak.
ened almost steadily since the out
break of the war in Europe, foreign
money dealers said, and is current.
ly quoted at a discount Of around Is
cents below the American dollar.
The Netherland guilder co%untered
the general trend with a gain of OF
of a cent.
Sterling dipped 1-2 cent and the
French franc 90 ID of a cent. The
belga lost .O1 of a cent and the
Swiss franc was unchanged.
Closing rates follow Great Britain
in dollars, others in cents):
Great Britain, demand 3.97 Ia, ca
bles 1898, so day bills 1856, 9 Oday
bills 3.94 Id; Belgium 1856: Den
mark 1888; Finland 1.S0n; France
2.25 "a; Germany 4O.1Sn, benevo-
lent 1850; Greece .73 I'm; Hungary
19.50n; Italy sos; Netherlands 1921;
Norway 22.73; Portugal 3.7On; Ru-
mania .63n; Sweden 1888; Switzer-
land 22.43; Yugoslavia 2.35n; Argen-
tina official 29.77, free $500; Brazil
official COS, free $40; Mexico 16.75n;
Japan 23.49; Hongkong 24.77; Shang-
hal 7.45.
(Rates in spot cables unless oaher-
wise indicated. n-Nominal).
The Wilmington morning star., 1940-02-08
STOCKS IN THE SPOTLIGHT

NEW YORK, Feb. 7.-R-Sales
closing price and net change Of the
fifteen most active stocks today.
Bklyn-Manh TT, 22,20O - 1873;
a rs.
Canada Dry, 1s,2oO-21M: AZ.
US Steel, S,30O-58%; Az.
Studebaker, 7,10O-10%; as.
Bendix Avia, 6,800-31; III.
Gen Motors, 6,S00-54; as.
Cont Motors. 5,90o-4h; ais.
Curtiss-Wright, 5,600-10% dA.
Beth Steel, 5,3O0-76A; as.
Repub Steel, 5,3O0-20A; as.
Int Pap and Pow Pr, 5,100-5SA
az.
Loft. 4,9oo-24; dA.
Consol Eds, 4,9oo-32H; nc.
Hupp Motor, 4,800-:s; no.
Init Pap and Pow, 4,800-13% no
The Wilmington morning star., 1940-02-08
COTTON

CHARLOTTE, Feb. 7.-LP-Spot
cotton 1850.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1940-08-22
Destroyers For Island Bases?

The President has declared that the deal being made
with England to permit the United States to build and
maintain bases certain British possessions in this
hemisphere has nothing to do with the proposal to sell
number of average destroyers to Britain. The latter
proposal was made by numerous military and naval
experts, including General Pershing and several Con-
gressional leaders. Mr.. Roosevelt has not committed
himself this project except to say that it not
linked with the discussions about the proposed bases.
However there has been much conjecture along
this line. About the only thing we offer England
that she really needs is military aid And we can
spare no more such aid than already giving
except the old destroyers, which, incidentally,
not planning TO use.
From this country's standpoint the exchange would
be almost perfect. We need air and naval bases at
such points Newfoundland, Nova Scotia, Bermuda
and Trinidad to protect Atlantic coast and the
Panama Canal. We do not need the old destroyers.
These ships, it has been pointed out, might not
save England from defeat, but their sale at this time
almost certainly would slow up the Nazi drive. Every
hour that Britain is able to hold out is hour gained
in the time left us to build up defenses before
face victorious Germany. they proved the decid-
ing factor in the Battle of England and gave Britain
the victory the ships would be worth their weight in
gold because could then reduce entire prepared
ness program.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1940-08-22
Congressional Expenditures Pass
Twenty-Five Billion Dollar Mark
This Money Could Buy Entire Railway System of U.
Or House One-Fourth of Families in Nation,
According to Survey by A. FL.

fastest growing Industry" III 80
United States.
Recent official figures show pub
lie employment in 1899 as 1858 per
cent Of 1929-despite a small de-
crease In the combined state and
local payrolls over the decade.
Only one major sector Of Ameri-
can industry employed more per-
sons last year, as compared with
1929-the electric utilities, with en-
ployma at 1914 per cent.
But total factory employment for
1899 was but 8O.4 per cent Of 1929.
Employment in retail trade was
75.o per cent; and railroad employ
ment. CAT per cent.
The U. S. civil service commits
sion's July report shows few more
than Loco, 900 civil employees on the
federal payroll-against 564. 487 on
March 4, 1888.
American industry In 1889 paid
taxes aggregating $6l1 for every per-
son on the payroll. This is the fig
ure reported by the American Fed
Grafton Of Investors, on the basis of
detailed reports from 1888 leading
corporations.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1940-08-22
Taking Politics Out Of Defense

Whatever else wendell WILKES acceptance speech
did did not accomplish it made clear that the Repub
can candidate and President Roosevelt in accord
on the need for strengthening defenses. Mr. Wlkie
gave his approval to specific item in the present
defense program, but he made bones about declar
ing that this country must be prepared to meet the
aggression of the European totatarans they subdue
England.
This stand makes it certain that no matter which
party wins in the November elections the preparedness
drive will be continued, since both candidates have
shown their determination to carry it out 1t is to be
hoped that the air will be cleared of the thread easy
policies of political leaders who have persisted in talk
ing in circles about defense problems Mr.. Wille
named our danger, foreign attack and he named the
only possible aggressor Germany This was not news
to anyone but there has been reluctance about being
so specific as to our probable future foe.
This reluctance has been partly responsible for the
growth of uncertainty among people, budding
suspicion that leaders seeing spooks under the
bed because they not frank about their fears.
However, the danger is very real one and the best
way to prepare for it is to it clearly and make the
people it. Then, and then only, genuine public
support be enlisted for the defense program.
The people cannot be blamed for showing little
enthusiasm for program that is aimed at something
they cannot They have right to know just what
we are building machine for and why
Now the issue no longer be classified as having
possible political complications We should get the
unity which will insure speeding up the whole de-
tense program
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1940-08-22

Suffer the little children to come" is an echo from
voice of long ago that is resounding through our
hospitable land The United States and Canada are
popular Ravens for British children whose parents
seek temporary home for them while England awaits
the foe in daily dread Groups authorized to place
these children and register of homes of shelter
kept busy with calls and letters from rich and poor
alike who signify willingness to offer sanctuary
anxiously await the arrival Of more refugees The
immigration law limits the quota, and the total of
British entries can be more than 65,720 year.
Of this number only 10 per cent may in monthly
1t would that at such desperate time when the
matter of days and weeks is important, than
10 per cent should be moved monthly. However, the
main reason for the delay in having British chill
dren reach this country is because there is lack of
British ships to carry them here.
Many of the English boats carrying enemy
aliens to Canada So far the English have not taken
full advantage of the monthly quota allowed Them but
if they do send their children faster than our
immigration law permits it is to be hoped that Con-
gress will raise the limit so the voice saying Suffer
the little children to come win echo in American homes
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1940-08-22

4 All taxes were 81 per cent of COM
bined net before taxes. Seven cor
porations earned a profit but landed
in the red after paying taxes.
Taxes were $3.05 per common
share outstanding. against dividends
Of $1.62 per common share paid for
the year.
These corporations maintained av-
erage employment Of 1878, 255 per-
sons.
Conclusion Of the study: Ever
mounting tax burdens are not only
a handicap to the national welfare,
but also raise added problems for
every manufacturer and business
man. They directly affect every en-
ployee and stakeholder. They In
crease the cost Of doing business.
and reduce or wipe out profits"
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1940-08-22
They Call 1t
POLITICS
BY CARTER FIELD

WASHINGTON. - Aid to Britain
has slipped into second place. with
our own preparedness now first. This
Is not because President Roosevelt
wants it that way. The President
believes that aid to Britain is the
best possible policy for the United
States-that every day Britain holds
off the Nazis gives the U. S. that
additional day to prepare. that ev-
cry weakening of Germany under
the British defensive blows will
make the eventual task Of the Unit
ed States that much easier. Put a
little stronger, he believes that when
we give the British soldiers and
sailors something to fight with, we
save the lives Of American boys
later on.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1940-08-22
$50, 600 Acres of Land
Sought for Military Use

WASHINGTON. - Secretary of
War Harry Woodring has asked con-
gress for authority to purchase $780,
600 acres Of land to be used for the
expanded military program. He
sad that these added facilities
would constitute a ''most valuable
asset to mobilization and expansion
purposes"
Among the purchases, the total
cost Of which was estimated at
s., 900, were Camp Custer, Mich.
6,l62 acres for added training facil-
tiles; Savannah, Ca, SIS, 900 acres
for anti-aircraft training; Fort Sill.
Okla, 1878 acres for training facil-
tiles; Salt Lake basin, Utah, 5000
acres for general depot.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1940-08-22
Cupid Plays Tag
With Young Autoist

ROANOKE, WA young man
had two city tags for the same
car and wanted refund on one
OF them. He had told his girl he
didn't have money to buy his auto
tag. The young lady, cognizant
OF mis- approaching birthday.
bought the tag as a present. In
the meantime the young man had
raised the money and bought one.
The council voted to refund the
money-to the young lady.