davidaulloa/AmericanStories huggingface dataset:
Evening star., 1941-09-02
Auto Makers Expect
Slash Of Close 10
IS Per Cent
Big Production Cut
Foreseen by End
OF 1912 Season
By DAVID J. WTLkIE,


DETROIT, Sept. 2.-While an ini-
tai curtallment of only 26la per
cent in passenger car production has
been ordered by the governmental
defense agencies. many of the auto
mobile makers believe that when the
1942-model period is ended the ag-
gregate output may represent slash
of close to IS per cent.
None of the car producers expects
a complete cessation of passenger
vehicle assemblies during the next
IL or Is months; they do know,
however, that serious consideration
has been given to the practicability
of more than so per cent reduc-
ton, announced a few weeks ago as
the objective of the ONCE of Pro-
duction Management and that of
Price Control and Civilian Supply.
Dealer Troubles Feared.
The car makers probably are not
as much perturbed about the cur
tailment of passenger car produc-
ton itself as they are over the in
dicated effect of the limitation
upon their dealer organizations.
Most trade authorities are agreed
that fairly high rate of dealer
mortality is in prospect for the 1912
model period if there is to be
progressively deeper cut in the vol
ume of passenger vehicle output.
They have the hope right now
that an increased volume of truck
output may make up for some of
the loss in passenger car assemblies.
According to the o. p. M and the
o. P. A c. S., the aggregate of truck
production for the 1942-model year,
figured on the basis of actual re-
quirements, will be 10000 units
This total includes a considerable
number of vehicles rated at less
than 1la-ton carrying capacity, pro-
defense agencies are understood to
be planning to restrict.
Against the proposal to put
ceiling on light commercial ve-
hicle output the car makers prob
ably will suggest that the smaller
trucks are needed.in large numbers
by farmers currently being urged
to increase production of certain
foodstuffs.
If the total truck output reaches
the indicated requirement figure
for the new-model period and the
production of passenger vehicles
does not fall below so per cent of
the 1941 model volume there would
be a combined output of approx
mately 1894 900 cars and trucks in
the 1942-model period.
Car Shortage Faced.
The pasSenger-car production in
cluded in that total still will be
considerably less than the indicated
replacement requirements. Adding
to this the transportation require
ments for an increased number of
defense workers heretofore without
automobiles there probably will be
shortage of about 300 1000 passen-
ger vehicles at the end of the 1912
model year.
1t is because of this outlook that
the car manufacturers are urging
their retailers to promote car-serv-
ice programs. Some of the plans
sponsored by the manufacturers
call for periodical inspection re-
gardless of the age of the vehicle.
The objective, as expressed by rep
reSentatives of the o. P NJ, is to
keep rolling approximately 32.00o.-
900 vehicles now used in the United
States.
Evening star., 1941-09-02
Portuguese Bank
Director Boards
Plane for u. S.
,e Associated Press.

Bv the Associated Press.
LISBON, Sept. DIR. Joao
Emauz, director of the Bank of Por-
tugal, left for New York today by
clipper plane.
He said his trip was not con-
nected with the banks affairs but
was entirely private business" His
last previous visit to America was
last September.
DR.. Emauz is a director of several
African companies and it is believed
he is going to America in connection
with the development of African en-
terprises and the promotion Of the
Portuguese end of American busi-
ness.
Evening star., 1941-09-02
New York Bank Stocks
Lower During Week

NEW YORK, Sept. New York
City bank stocks continued to de-
cline during the last week, according
to records compiled by Holt, Rose &
Troster.
The aggregate market value of Is
leading issues at the close on Friday,
August 90, was 81 ,410 1888 900, COM
pared with ST, l,4l4,044,000 at the close
on Friday, August %. decrease of
$3.312 900, or 023 per cent.
The current average yield of the
Is issues of 458 per cent compares
with a yield of 457 per cent on
August %. Based upon the latest
statements, the current market value
equals 81 per cent of the book value,
compared with SO per cent week
ago.
Evening star., 1941-09-02
Steel Rate 10 Dip
To 96.3 Per Cent
In Current Week
Fractional Decline
Expected us Result
Of Holiday
By the Associated Press.

By the Associated Press.
NEW YORK, Sept. 2.-The Amer
lean Iron & Steel Institute reported
today that United States steel mills
were expected to operate this week
at 96.3 per cent of capacity.
The rate is 2 of l per cent less
than last week, the Labor Day holi-
day closing of some mills cutting
into output. 1t compared with oper-
ations of 96.3 per cent a month ago
and 82.5sper cent year ago.
The current production rate was
on revised basis of an annual do
mestic capacity of 86,148,700 tons,
The country's capacity previously
had been rated at 84,l52,2 ,292 tons
year.
CLEVELAND, Sept. 2 (P).-Break-
ing precedent of many years. steel
making units generally operated
through Labor Day, although some
finishing capacity was idle, the mag
azine Steel reported.
"A shirt in demand for shapes and
plates is evident as plant construc-
ton nearS completion and produc-
ton gets under way" the trade pub
lication said in its weekly review.
THE accent is shifting from build
ing material to steel for fabrication
in the new plants, trend to be in
4 tenSified in the future.
Outlook for pig iron for use out
side defense work is dark, although
possession of large stocks by some
consumers has been revealed by re-
ports to O. P. M. and this may bring
. adjustment to relieve needs of other
meters less happily situated.
Great confusion exists as to ap-
plication of full priority on steel.
ReclaSsifcation of orders to conform
to the new situation is going for
ward as rapidly as possible but is far
from completed -
The magazine calculated national
ingot production at 9612 per cent of
estimated capacity last week, up one
half point from the revised rate for
the preceding week. The Birming-
ham district jumped points to 95
per cent and Wheeling climbed l to
SO per cent. The other districts
we're unchanged as follows: Chi
cago. 101 Z; Cincinnati, SO; st. Louis,
90; Eastern Pennsylvania, 9512; Buff
falo, 90; Pittsburgh, 100; New Eng
land, 90; Detroit, 3d. Cleveland, SO,
and Youngstown. SO.
Evening star., 1941-09-02
Increased Earnings
Indicated for Rail
Equipment Firms
Second-HuIf Results
Should Show Gain
Over First Half
Special Dispatch to The Star.

BOSTON, Sept. 2.-Aggregatc
second-half earnings of the rail
equipment industry should exceed
those in the first six months of
l941, says the United Business Serv-
ice in a special report released to-
day.
The industry has booked defense
orders totaling more than $780,
100000 in addition to substantial
increase in regular railroad busi-
ness. In most cases armament work
did not contribute very much TO
f1rst-half profits due to the time
required for engineering and tool
ing up. However, deliveries are
now mounting rapidly, and defense
work will become an increasingly
important source of income during
the months ahead.
In addition to direct armament
work the rail equipment companies
are benefiting from the most active
railroad buying since the early 20s
Unified orders for new freight cars
now total about 89.400, against 49,
300 a year ago. And the carriers
during July alone ordered l78 new
locomotives-a new monthly high
since December, 1886, and the Sec
ond largest monthly total since
June, 1929.
Chief difficulty recently has been
the shortage of steel plates. How
ever, the assignment of an AS
priority rating to car builders
orders for steel should alleviate the
situation considerably.
The service states that while profit
margins on defense contracts are
probably not overly. liberal, aggre-
gate income from this business will
be large as deliveries expand. More
over. by utilizing former excess ca
pacity it will help to spread over
head over a greater volume of busi-
ness. thus lowering unit costs or
regular as we'll as defense items
Heavier taxes will, of course, hold
doWh earnings gains and labor and
material costs are increasing. How
ever, most rail equipment firms are
rather heavily capitalized which
gives considerable leverage to their
common stocks, and also allows
fairly liberal "invested-capital" ex-
emption from excess profits taxes
even under the sitter prospective
levies.
Evening star., 1941-09-02
New War Bond Offering
Announced in Italy
sy the Associated Press.

By the Associated Press.
ROME. Sept. 2-Italian banks
announced today the imrninence OF
a new government bond issue. the
second within eight months, to help
finance the war.
Circulars urged customers to buy
bonds as a patriotic duty. Nine
year 5 per cent treasury bonds are
expected to be offered September Is
at 975o lira per 100 ltra, as. were
similar bonds issued last February
Subscriptions to the February is
sue were last reported in March at
18,0l6, 900 900 Ira. or s18,0O0.000 at
the present nominal exchange rate
Finance Minister Thaon di Revel
estimated in April that Italys bud
get deficit this year would amount
to IS 900, 100000 lira, about s3,422.-
100000.
Evening star., 1941-09-02

though, we still won't have built
up any reserves and post war de-
preston is likely to find us in much
worse shape than the depression
of the thirties."
1t looks very likely now that the
railroads will get by the fall traffic
peak with no tie-ups of any con-
sequence. Latest estimates of the
biggest week in october say load
ings will reach $50, 1000 cars. The rail-
roads are confidennt they can
handle anything up to 100000 car
loads a week.
About six months ago, even three
months ago predictions of a rail
freight jam this. fall were flying
thick and fast.
Evening star., 1941-09-02
Situation Summed Up.

An executive of one big system
sums it up this way:
When the depression came along
our road was in pretty good shape.
We had big reserves built out OF
the fat years of the twenties. Hard
times ate up these reserves and
forced us to hook about everything
we owned to keep out of the hands
of the receivers.
IF business keeps going as 1t is
now for about two years more, we
should be able to just about pay
back the money we had to borrow.
II the fracas ends about that time,
Evening star., 1941-09-02
Wick Chemical Co.
Reports S2,SO4,O26
Net for Year
Result Up Slightly
From S2,792,1e5 in
Previous Period
BY the Associated Press.

by the AsADCldltO
NEW YORK. Sept. 1.-Vick
Chemical Co, for the year ended
June 30, today reported net income
of S2,8O4 O26 after taxes. deprecia-
ton, other charges and reserves for
undetermined losses attributable TO
prevailing war conditions" The net
was equal to $4.12 common share.
In the preceding II months the
company reported net income Of
S2,792, los after the usual charges,
and also after providing a substan-
tial amount for possible loss Of
assets in belligerent countries and
certain adjacent countries" This
net was equal to $405 a share.
The company. a manufacturer Of
medicinal preparations, has its
principal domestic plants at Green's
boro, N. c., and Philadelphia, Pa.
but it also has manufacturing units
in Australia, South Africa, Canada,
Mexico, Spain, Colombia, Argentina,
Chile and Belgium.
Evening star., 1941-09-02
Foreign Exchange

NEW YORK. Sept . 1Ps.-Noon foreign
exchange rates follow tGreat Britain in
dollars. others in cents)
Canada - Oficial Canadian Control
Board rates for U. S. dollars; buying 10
per cent premium selling II per cent
premium, equivalent to discounts on
Canadian dollars in New York of buying
9.9I per. cent, selling 900 per cent.
Canadian dollar in New York open
U S. cents
Europe-Great Britain official Bankers
FoTelen o5 Exchan,Gs Committee rates.. buy
cables, 4.O394
Latin America Argentina oficiaI
2a.77: free, 23.77; Brazil official 606n:
free Sion: Mexico. 2070n.
Fer East-Hong Kong. 1884; Shanghai
555
Rates in spot cables unless otherwise
ndicated)
Nominal.
Evening star., 1941-09-02
Green Coffee Stocks
Far Above Year Ago
B, the Associated Press.

By The ASsoclated Press.
Inventories of green coffee were
about 60 per cent larger on July !
than on the same date last year,
according to reports to the Census
Bureau from importers, brokers
ana others in the industry.
The bureau said that green coffee
stocks totaled around 100000 bags
on July !.
Evening star., 1941-09-02
Boston Wool Market

BOSTON. Sept . up (U. S. Department
of Agriculture) The wool market was
mostly very slow today. A few inquiries
were being received. but most of these re-
quests were not resulting in sales. Me-
dium fleeces we're receiving some of the
few inquiries. Quotations on three
eighths and quarter blood, bright fleece
wool were unchanged from last week at 45
to AZ cents. in the grease. Original bag
fine territory wool were quoted unchanged
at 9S cents to 81 1.03. secured basis.
Evening star., 1941-09-02
Money Market
(Reported by Smith. Barney & Co

NEW YORK. Sept . (P,.-Call money
steady; l per cent prime commercial pa
per u per cent. Time loans steady; 5000
days, IA; four-six months. l Z per cent;
Bankers acceptances unchansed. 6n-9o
per cent; ffve-six months, ss-is per cent.
Rediscount rate, New York Reserve Bank,
i per cent.
Evening star., 1941-09-02
Wool Futures

NEW YORK. Sept . lp,.-Wool top fu-
as much as a cent and a half pound
recorded under the influence of trade sup
port and strength in outside markets.
Spot house offerings were an easing factor.
Scattered outside support in the grease
wool market contributed to an advance
with spot houses dealing on both sides.
Grease wool futures closed unchanged.
High. Low. Last.
Dec. a3.6 93.6 90 4b
March 92.5 $40 go
Certihcated grease wool spot, a5.1n.
Wool top futures closed 0.3 OF cent
lower to 0.4 higher.
Oct. - 1915 1872 196.7b
Dec. ---- 1858 1850 1H4Ib
March 1910 122S l22 5b
Certihcated spot wool tops, 129.5n.
Bid Nominal
Evening star., 1941-09-02

Now the dollars really are rolling
in. Net incorie OF class ! railroads
of the United States in the first
seven months of the year amounted
to s244, ,376, ,852 compared with s3,44l,- =
37l in the same period a year ago.
AS they say on Main street and Wall
street, That amt hay!"
Evening star., 1941-09-02
In the Business World
Iron Horse Gets Square Meal Again
As Defense Rush Ends Leon Decade
BY PAUL GEsNER and JOHN BECKLEY.

The Stars Special
NEW YORK Sept 2Amost pretty well pleased to see
the get a meal again.
travelling consistently
empty stomach far between In 36
and 81 managed lay aside few dollars
the following $780,
railroads concerned
Evening star., 1941-09-02

Quotations furnished by National Asso-
citation of Securities Dealers, Inc, which
transactions or firm bids or offers, but
should indicate approximate prices, and
unless otherwise indicated, are as quoted
by the sponsors or isSuers.
mot quoted by sponsors or issuers.
Evening star., 1941-09-02
Steel Quotations

NEW YORK, Sept. . lP1.-St-el prices
per 100 pounds fob. Pittsburgh: Hot rolled
sheets, base price. 10; galvanized sheets.
$50; steel bars, 2.15.
Evening star., 1941-09-02

LONDON. Sept. tPl.-Tin quiet: spot
f256 IS bid, f256 los asked; future, f259
IS bid, f259 los asked.
Evening star., 1941-09-02
u. 5. Treasury Notes

NEW YORK, Sept. lP.--Prices quotec
in dollars and thirty-seconds:
Evening star., 1941-09-02
Investing Companies

NEW YORK. Sept . LP1.-National AS
ISOLATION Of Securities Dealers. Inc
Evening star., 1941-09-02
Whitaker

Continued From First Page)
Evening star., 1941-09-02
London Bur Silver
London Tin Prices

LONDON, Sept . GPD.-Bar silver, o.
UNCHANGED. Equivalent 1882 centsO
The Hagerstown globe. (Hagerstown, Md.) 1936-1943, 1941-08-08
MORTGAGE LOANS
TOTAL $S,9OO,OOO

More than $3,900,000 was loaned
TO $50 home owners and other hold
e's of real estate property in Mary
lard during 1910 by three fourths
ri the States mutual savings banks
according to the semi-annual sur
yey OF bank lending activity of the
American Bankers Association
made public today.
Nine mutual savings institutions
or Is per cent of the States ~
mutual banks participated in the
survey. They reported that they
made $50 new mortgage loans to-
falling $3,976,140 during the year.
They also reported that they had
outstanding at the end of the year,
$34 ,5O9,54S in mortgage loans.
The average number of new mort
gage loans made per bank was II
and the average mortgage was for
$5,763.
The Maryland survey was part
of survey of mortgage lending by
all mutual savings banks of which
there are $40 operating in II
States. Of these $40 institutions,
294 or 54.4 per cent replied to the
questionnaires for each half of the
year. These 2S4 mutual savings
institutions reported that they
made 42,903 new mortgage loans
totaling $269,401,931 during the
year, and that they had outstanding
on December 81, 1910, a total of
$3,492,210,038 in mortgage loans.
For the nation the average num-
Der of new mortgages made per
bank was 146 and the average
mortgage was for $6,279.
The Hagerstown globe. (Hagerstown, Md.) 1936-1943, 1941-08-08
MADAME DAVIES
PSYCHIC MEDIUM
and Business Advisor

We have gathered the choice brought
city for the benefit of those
Other people have travelled thousands of miles for
why not her visit. Nine. Davies
gives divine healing. Before making change consult her
Why through life unhappy YOU will
greatest ambition be realized
fluence spell that it
medium She gravey suggests wisely explains
True advice dollars gift
ed medium will not only advise but will help
of life such love- courtshp marriage
fectons advice all matters No problem
for her to solve She shows the
1um reads for all nationaties
will convince she is real medium No matter may
be your fear hope ambition will be told igood
bad Gives true advice walk of life anything
wish to know. She is superior to your
COME IN TODAY AS TOMORROW MAY BE TOO LATE!
The skeptical especially invited. misled
readings confidential When Others fail
ly located in STUDIO 615 S. POTOMAC ST. WAYNESBoRo
Look for Nine Davies sign highway
Readings Daily-9 A. M. to 9 p.
The Hagerstown globe. (Hagerstown, Md.) 1936-1943, 1941-08-08

Even if a girl shortens her en-
gagement because of an impending
call to army camp, she will banker
after showers and parties. No
matter how impromptu the shower
you can manage properly festive
refreshments with good looking
cake and an abundance of iced
beverage. A novel thirst quencher
that will appeal to the young people
is made of ginger ale and decaffei-
mated coffee. 1t will be a special
joy to serious mocha fans because
you can urge your guests to linger
over second and third glasses with
out checking up on their sleeping
problems. Give the cake added in
terest by filling it with tiny for
tune-telling symbols rings and
a coin, little automobile and an
airplane, to foretell wealth and
happiness, travel and excitement.
Coffee Sparkle
Add a half pint of vanilla cream
to pint of cold, freshly made de-
caffeinated coffee. Beat until
creamy with an egg heater. Fill
glasses three-fourths full of this
The Hagerstown globe. (Hagerstown, Md.) 1936-1943, 1941-08-08
Foyk CMobs De Lmre

GLOW and easy does it when
~ you're cooking pork chops, espe-
cially when they're cut double thick
to accommodate a savory tomato
stuffing like those pictured above
Braising on the top of the range is
the method most often used to start
the cooking of these extra-thick
chops. Brown them quickly first ON
both sides, then cover to hold in
the moisture, switch to a low heat
and let them steam lazily along in
their own juices for an hour or
longer.
This type Of cooking is especially
easy to carry out on the surface
units of a modern electric range,
for such units offer a wide choice
of heat intensities. This choice, in
fact, ranges from to different
heats on recent models-and among
them is very low heat which is
ideal for just such things as brais-
ing pork chops. This slow continu-
Gus heat gradually cooks the chops
tender and more tender and 80 de-
velops every bit of the rich pork
flavor of the chop. 1t is even posi-
bic to switch off the current en-
tirely during the last or 10 min
utes OF cooking and let the chops
cook on the free" heat retained
in the unit.
A fine contrast for the richness
OF the pork flavor is that of a to
mato and onion bread stuffing. 1t is
soft dressing with a gay red color
and converts ordinary pork chops
into something quite special. If they
are being prepared for a company
dinner, a garnish of broiled Bacon
Bobs may easily be added. Direc-
The Hagerstown globe. (Hagerstown, Md.) 1936-1943, 1941-08-08

coffee, then fill the glasses with
ginger ale.
Gold Cake
2 cups sifted cake flour
teaspoons double action baking
powder.
~ cup butter or other shortening.
l cup sugar
egg yolks beaten until thick
and lemon cOlored.
3-4 cup milk
l teaspoon vanilla or IL tea
spoon lemon extract
Sift flour once, measure, add
baking powder, and sift together
three times. Cream butter thor
oughly, add sugar gradually and
cream together until light and
fluffy. Add egg yolks; then flour,
alternately, with milk, small
amount at a time. Beat after each
addition until smooth. Add flavor
ing. Beat we'll. Bake in two greas-
ed 9-inch layer pans in moderate
oven (375' F.) Is to 80 minutes.
Double recipe to make three TO-
inch layers
The Hagerstown globe. (Hagerstown, Md.) 1936-1943, 1941-08-08

Have the meat dealer cut a pocket
into each chop from fat side into
the bone. Combine bread crumbs,
onion, tomato pulp, salt and pepper.
Add 2 slices of bacon which have
been cooked and crumbled. Reserve
II cup of stuff1ng for Bacon Bobs,
then fill pockets of chops with the
remainder. Fasten with skewers.
Sprinkle chops with additional salt
and pepper; then place in skillet
and switch electric surface unit
to a medium high heat and brown
on both sides in one tablespoon
fat. Cover Switch to a very low
heat and continue cooking for about
] hour or longer. Heat may be
switched off entirely during the
last 10 minutes of cooking. To
make. Bacon Bobs, cut 3 slices
bacon in half. Wrap each half-slice
around tablespoon of stuffing and
secure with pick. Broil in pre-
heated electric broiler 4 minutes on
each side. Top each with a picked
onion and use as garnish for chops.
The Hagerstown globe. (Hagerstown, Md.) 1936-1943, 1941-08-08

covered vessel and if the clans are
not to be served at once, remove
them from the shells and drop them
into cold water, to keep them from
becoming tough. A peck will yield
about a quart of clans without the
shells.
To make mint jelly, wash the
mint and chop it fine. To each cup
of chopped mint add one-fourth
cup of water and let it stand over
night for several hours. Place it
over the heat and bring it to the
boiling point. Make apple jelly,
using two-thirds cup sugar to each
cup of apple juice. When the jelly
test is observed, add green vege-
table coloring and one or two
tablespoons of the prepared mint
for each quart of apple juice.
For stewed rhubarb, wash, but
do not peel, the rhubarb and cut it
in one-inch pieces. Add one-half as
much sugar as rhubarb, put in
saucepan with just enough water to
keep the fruit from burning. Very
little water is needed, as rhubarb
provides it's own moisture. Cook
rapidly until tender.
The Hagerstown globe. (Hagerstown, Md.) 1936-1943, 1941-08-08
varieties to concentrate upon.

varieties to concentrate upon.
When setting a table, place the
silver one-half inch from the edge
of the table, having ends in even
line, parallel with the edge of the
table, pieces equal distance apart
and parallel to each other.
Did you know that a marble is
very useful in mending small holes
in the fingers of gloves?
To prevent corks from sticking
in bottles containing glue, polishes.
cement, etc, rub the cork in vase
line.
When sitting flour several times,
use two pieces of waxed paper, sift-
ing the flour first on one piece, then
the other. This saves dish wash
ing and prevents spilling.,
A medicine dropper comes in
very handy when adding coloring
to cake icings, etc. For a i slight,
full flavor, spread cake with pea
nut butter before frosting y.
When planning a trip for a few
days, soak large sponge in water
and place it at the base of your
house plants. They will remain
moist for days.
When driving nails or screws
into hard wood, always rub them
well with soap. They will go in
easily without splitting the wood.
To open CLANS steam in a tightly