davidaulloa/AmericanStories huggingface dataset:
Evening star., 1941-02-18
Two Corporate
Issues Await
Better Market

NEW YORK, Feb. ls Cp.-Post-
ponement of two proposed corpo-
rate security f1otations, including a
se0,000y000 refunding offering by the
Republic Steel Corp, was attrib-
uted in financial quarters today to
the decline in stock and bond mar
kets in the last month.
Likewise brought to a standstill
pending Improvement in market
conditions, it appeared, was over
the-counter sale of listed stocks
The counter sales off the New York
Stock Exchange in the first few
weeks of the new year were among
the heaviest in the history of Wall
Street, as dealers sold large blocks
of prominent securities from British
holding and private estates.
The Republic Steel financing was
expected to be brought out publicly
Thursday. Instead the company di-
rectors and underwriters decided to
defer plans awaiting better markets
Some dealers suggested the offering
might be made next week.
Philip Morris & Co., tobacco man
ufacturer. with headquarters at
Richmond, notified stockholders of
the postponement of a projected
offering of 148,991 shares of pre-
ferred stock to common shareholders
o. L. Chalkley, president, said the
company hoped to carry out the
stock sale lin the near future" on
the original terms or "as revised to
meet changed conditions"
Evening star., 1941-02-18
Foreign Exchange

NEW YORK Feb. is lPl.-Hong Kong
and SHANGHAI dollars struck ahead again
today in the free foreign exchange market.
Each unit gained about 1-lO of cent
at the years top prices.
Money dealers attributed the rise mainly
to speculative action in the Far East. where
operators were apparently disturbed by
fears the war might spread to the Orient
The Canadian dollar, strong Monday,
Late rates follow Great Britain in dol
lars. others in cents):
Canada
Offcisl Cana dian Control Board rates for
United States dollars: Buying 10 per
c77t premium. selling II pcr cen. premium
equivalent to discounts on Canadian dollars
IN New York OF huying 9.91 per cent SELL
Canadian dollar in New York open mar
ket 15i2 per cent discount or S4 so United
States cents.
Great Britain, official Bankers Foreign
exchange Committee rates.. buying 4.02,
selling 4.04. open market. cables. 4.03A;
Germany, 4005n benevolent. 20.15): Fin
land 2.O5n; Greece, 6sn; Hungary,
19. IN; Italy, 5;06: Portusal, 4.01; Sweden,
23s4; Switzerland '23.24; Yugoslavia.
Latin America.
Argentine. oficial. 29.77: free 1850;
Brazil ofdcial, 6.05n; free, 500; Mexico,
20.70n.
Japanc 23.4s; Hong Kong. 24.6e; shans-
lRates in spot cables unless otherwise
Indicated. Nominal
'For commercial transactions.
Evening star., 1941-02-18
Chicago Livestock

CHICAGO: Feb Is UNITED States De-
partment Of Agriculture I--SaIabIe hogs.
- 900. total 11,5OO. opened fairly active,
lO-l5 hlgher than Mondays ayers &c;
later trade around 5-lQ lower than early;
top. so. bulk, 1s0-24O pounds, 100
800. 21O-33O- pound averages, generally
10000 good packing sows. 400 pounds
down 7.lO-35; 425-550-pound kinds.
sslable sheep, 5000: total. 5000: late
MONDAY lat lambs closed active. mostly
free!~ 10 shippers. several loads lO2-06
pounds l0.5O-6o. few g5-Oound yearlinEs,
400. odd lots slaughter ewes, 500 down:
today's trade. carly trade on fat lambs
moderately active, around 10 higher; other
good 70 choice around 9O-H7-pound fed
choice ha. dywclght lambs held to II 90
and slIshtiy above. Two loads good to
choice lI2-pound fed ColoTados, 1885,
eheep very scarce.
TORN market generally strong TO 25 .hlsher,
sleers showing least advance heIfers Is
higher. very scarce; cows. l0-l5 Up; bulls
mostly - higher on very limited run;
buk steers uESo4o, however medium
Rr 6es 1915 higher. spots up 1918 on
good 10 choice offerings. but mainly strong
market on steers with instance 1O-15 hlgh-
er. choice and prime 1,261 pound aver
aeeS topped at 1926. most early sales
Q 15-l3.uO. best yearhngs around 1925;
shipper demand not especially broad mild
upfuTu on medium 10 GOOD grades gong
on local account, paid under protest; most
fed heifers. q.5O-l1 IS, cutter cows. 500
choice vealers to $4,000; stock cattle
scarce al 9 .0O-10-50.
Evening star., 1941-02-18
Your u. S.
Income Tax
Prepared by Bureau OF
Internal ReDenue,
Treasury Dept.
DEDUCTION FOR INTEREST.

Amounts paid or accrued within
the taxable year 1910 as interest on
Indebtedness are deductible, with
certain exceptions, from gross in
come in determining net income.
Deductible items include interest on
borrowed money to defray personal
expenses, and on money borrowed
for the purchase of real or personal
property. If a person owes money
home, the amount of the interest
may be deducted. Indebtedness,
however, need not be evidenced by
lien, Judgment, or mortgage to make
the interest on it deductible. FIRE.
quently Indebtedness is evidenced
only by note.
Interest paid on Indebtedness in
CURED in the purchase of obligations
(other than obligations of the United
States issued after September "a,
1917, and originally subscribed for
by the taxpayer), the interest upon
which is wholly exempt from Fed
eral income tax. is not deductible.
Interest paid on behalf of another
where there is no legal obligation on
the part of the payor is not deduct
ible by the payor In such cases the
amount is the same as gift.
AS interest paid is deductible, so
interest received is taxable Except
interest on obligations of State,
Territory, or any political subdivis-
ion thereof, or the District of Co.
lumbia; or obligations of corpora
ton organized under act of Con-
gress, if such corporation is an in
strumentality of the United States;
or the obligations of the sUnited
States or its possessions to the ex-
tent provided in the acts authoriz-
ing the issue thereof. All such
amounts, including interest received
on bank and savings deposits, must
be included in the taxpayers re-
turn of gross income.
Evening star., 1941-02-18
AIIis-ChaImers Strike
Goes On as Workers
Won't Ratify Truce
Union Demands Threaten
Tie-up of $4,000, 900
Indiana Project
By the Associated Press.

By the Associated Press.
officials of the strike bound Allis-
Chalmers Manufacturing Co. plant
at Milwaukee declared the factory
would not reopen today despite an
agreement reached in Washington
with representatives of the C. I. o.
United Automobile Workers.
Nine thousand employees remained
idle and work was at standstill for
the fourth week on s45 900, 600 worth
of national defense equipment
orders
Members of the union, holding
varying interpretations of terms of
the truce reached here, withheld
ratification indefinitely. The tenta-
tive settlement had been drafted by
William S. Knudsen and Sidney
Hillman, co-directors of the Office
of Production Management. 1t was
reported to provide for adjudication
of disciplinary disputes by an i'm
partial referee.
Strike Threat at Big Project.
Union demands for a closed shop
in construction of an S18000000
powder bag loading plant raised the
threat of strike at a big national
defense project at Charlestown, Ind,
across the Ohio River from Louis
vile, KY. Heavy construction work
has not yet been started on the
plant.
The Vanadium Corp. of America,
which produces ferrovanadium,
important ingredient of many de-
fense articles, was kept out of pro-
duction at two plants by strikes.
Four hundred employees at the
Niagara Falls, N. Y. factory with
drew their demands for a closed
shop but still sought wage in
creases The strike of 400 workers
at the Vanadium Co.'S Bridgeville,
Pa, plant has been termed illegal
by both the company and interna-
tional officials of the c. L o. New
ertheless the workmen refused to
accept their dismissal as final.
Harvester Plant to Vote Today.
The C. l. o. Farm Equipment
Workers Organizing Committee,
which already has strikes in prog
ress at two plants of the Interna-
tional Harvester Co-the Chicago
tractor works and the Rock Falls,
Ill, factory-ordered a strike vote
today at third, the company's Nc
Cormick works in Chicago. The
firm holds large defense contracts.
Other factories idle through strikes
included the Foster Wheeler Corp.
plant at Carteret, N. j., and the
Motor Wheel Corp at Lansing,
Mich
At the latter plant negotiations
were to be resumed today by spe-
cial mediation commission appoint
ed by Gov Murray D. Van Wagner
to settle the strike which has kept
approximately $500 workers idle.
Strike at Philadelphia.
At Philadelphia, a plant building
Diesel engines for the Navy's mo-
squito boats was shut down today
because of a strike.
The walkout at the National Sup
ply Co. was called by the 1nterna-
tional Association of Machinists,
A. F. Of L., which claims to repre-
sent majority of the 256 employees.
The union is asking increased wages
and an election to determine a bar
gaining agent. A company spokes-
man said the company has and is
willing to carry on appropriate. ne
POtiatiOOS on the baeiS of
common sense"
Evening star., 1941-02-18
Republic Steel Corp.
Declares Dividend
OF 50 Gents a Share
Increase Of 10 Cents
Over Amount Voted
Lost November
By the Associated Press.

By the Associated Press
CLEVELAND. Feb. 1a.-Republic
Steel Corp, directors declared q
dividend of so cents a share on
common stock, an increase OF 10
cents a share over the dividend
voted on this stock last November.
Payment Of the common dividend
second in 10 years-will be made
April 2 TO holders Of record March
10. the company announced. Re-
pubhc's Accent dividend last No
vember was the first to holders Of
common since 1880.
Directors also authorized setting
aside of $4,000 April l toward its
Sc, 300 900 purchase fund for redemp-
ton OF per cent cumulative con-
vertlble preferred stock Dividends
of $3.50 share on this and series A
of the 6 per cent cumulative con-
vertible prior preference stock were
voted today, and will be paid April
&c holders Of record March 10.
The corporation announced no
final action was taken by directors
toward consummation Of its pro-
posed refnancing, as set forth in a
registration statement filed with the
Securities and Exchange Commits
sion last week.
Humble Oil Co.
Humble Oil and Refining Co. de-
clared a dividend of 3712 cents a
share, payable April / TO stockhold-
ers Of record at 3 pm. March /.
There are 9,O00,00 shares of Humble
stock outstanding on which the
dividend will be paid.
Directors of Kennecott Copper
Corp. voted distribution of 25 cents
a share and a special distribution Of
the same amount on the capital stock,
both payable March 81 to holders Of
record February q. In 1910 the
company paid total dividends Of S2.75
a share. including two special dis
tributions of so cents each and one
Of IS cents.
Evening star., 1941-02-18
Wool Cloth Deliveries
To U. S. Are Speeded
BY the Associated Press.


BOSTON, Feb. 18.-The National
Association Of Wool Manufacturers
reports that wool cloth deliveries
scheduled to Government agencies
in the first half of 1941 will exceed
those of the last half Of 1910 by
about so per cent.
The association. in a report last
night, said wool textile mill activity
as a whole during 1910 failed to ex-
ceed 1899, although raw wool con-
sumption hit a record high in the
final quarter.
Cloths for Government agencies,
the report added, comprised some
20 per cent of the wool cloth output
during the last quarter.
Evening star., 1941-02-18
Holiday Reduces Check
Transactions in Week
B, the Associated Press.

By the Associated Press.
Lincolns Birthday cut into check
transactions last week.
The Federal Reserve Board said
the holiday, generally observed by
banks in the larger cities in the
North, reduced debts to individual
accounts in BANKS of 274 leading
cities to s6,923 100000 in the week
ended February II, compared with
SO 1856, 100000 in the preceding week
and s6,920,000,00O in the correspond
ing week last year
BY Federal Reserve districts, COM
parsons with last year Tin millions
of dollarS) were:
Evening star., 1941-02-18
New York Produce

NEW YORK, Feb. Is LP,.-EggS, 1928:
steadier: mixed colors. fancy to extra
fancy, l72-19h: extras. 1712; graded
firsts, 16'4; current receipts, 16H-1a: sec
onds, 1534-l6; mediums. 1879; dirties,
No. l, 1874 average checks, 14l2-Si
refrigerator. best, 15-15i2: poorer. l4A-s4
Whites (resales of premium marks. 2194-
24A)-Nearbv and Midwestern. premium
marks, 1994-21he specials, 1914: stand
ards, 1874, resales Of exchange to fancy
heavier mediums; 1921: mediums, 8.
Browns-Nearby and Midwestern fancy
to extra fancy, 1920: specials, 1924;
standards. 17ai mediums, 17l2.
Duck eggs. 3l-32
Butter, 1.504,027: steady; creamery,
higher than 81 score and premiums marks
31-3194: 90 score (cash markeD. 3024: S.
81 score, 29A-30la: s4-S7 score, 2634-
cheese, 6OO,965; irregular: prices I'M
changed.
Evening star., 1941-02-18
Dry Goods Market

actions were limited today to coarse yarn
goods and heavy industrial numbers
Trade quarters reported an improvement
in export business Woolen prices con-
tinued firm and large buyers found ma
terials so hard to obtain that orders were
being reduced. Spun rayon yarns and
acetate blends were very active and spot
lots commanded small premiums over
forward contracts. Silk goods moved
slowly.
Evening star., 1941-02-18
Boston Wool Market

BOSTON. Feb. 1s up UNITED States
Department of Agriculture).-A fair de-
mand existed in the Boston wool market
today fol- the finer grades of foreign woods.
little more interest was apparent also
wools. Interest in domestic woods GEN.
tered largely in contracting the new wool
clip. Dealers were reported to have paid
the Texas wool contracts Prices estl-
mated at S100-S1 05, secured basis, were
paid for some of the territory woods be-
ing contracted.
Evening star., 1941-02-18
Goodyear Tire
Declares Extra
OF 25Cents
pv the Associated Press.

BY the Associated Press.
AKRON, Ohio, Feb. 18.-Goodyear
Tire & Rubber Co. directors have
declared an extra dividend of Is
cents a common share in addition
to the regular 25-cent payment.
Both are payable March IS to Feb
ruary 81 stockholders.
Evening star., 1941-02-18

~-'-'a''~~- f-~~'sEed hv National ASS
citation of Securities Dealers Inc which
states they do not necessarily reflect actual
trane"ct'orr ~ firm bids or offers. but
should indicate approximate prices. and
unless otherwise indicated. are as quoted
by tho S~oneors or iSSuers
INDICATES Not quoted by sponsors or
'ssuers"
Evening star., 1941-02-18
FREIGHT Cars Handled

NEW YORK. Feb. Is LP,.-Revenue
freight cars handled on railroads report
ing today for the week ended February Is
included:
Evening star., 1941-02-18
Washington Exchange
SALES.

Potomac Electric Power So pfd.-
at 114"4.
Potomac Electric Power 51aCs pfd.-
10 at 114a4.
Evening star., 1941-02-18
London Tin Prices

LONDON. Feb IS p Tin strong;
spot, $3.50 IS bio. E269 15s asked. future,
f96f IS bid. sG66 los asked
Evening star., 1941-02-18

Chile will electrify the 116-mile
railway between Valparaiso and
Santiago.
Evening star., 1941-02-18
London Money Rates

LONDON. Feb. IS LP,.-Money. I per
cent Discount rates. short bills. 80
per cent; 3-month bills, l 1-32-I 1-16.
Evening star., 1941-02-18
Dividends Announced

NEW YORK. Feb. 1s.-Dividends de-
clared (prepared by Fitch Publishing CO..:
Increased.
Pc Stk of Pay
Rate riod record. able.
Joy Mfg Co 30c 81 3-l5
Evening star., 1941-02-18
u. S. Treasury Notes

NEW YORK, Feb 1S P.-Prices
quoted in dollars and thirty-seconds:
Evening star., 1941-02-18
Federal Lund Banks

NEW YORK, Feb. 1s QP,.-Federal Land
Rank bonds.
Evening star., 1941-02-18
Investing Companies

CLOSING quota tionSN
NEW YORK, Feb. is lP,.-National As
Sociation Securities Dealers, Inc
Evening star., 1941-02-18
Plane Engine Plants
Productive Time Up
To 80 Per Cent
'BIockouts' Now Almost
Completely Eliminated
By Extro Shifts
Last of a SerieS.)
BY JOSEPH S. EDGERTON,


NEW YORK, Feb. 18.-American
aircraft and engine factories, which
last fall were estimated to be work.
ing only 65 per cent of the total
available time in each week, today
have increased productive time to at
least rs per cent for the industry
as a whole and to perhaps 80 per
cent for the aircraft engine industry.
Because of the need for maintain
ing and repairing machinery and
tools and the physical impossibility
of maintaining the Production of the
thousands of individual parts which
go into the modern airplane and
aircraft engine at exactly equal
rates, there never can be 100 per
cent operation in any industrial
plant, least of all in the aviation
industry where models are constant
ly being changed to keep abreast of
scientific developments.
1t is possible that no aviation
factory ever will be able to operate
all its machinery and tools more
than IS to 80 per cent of the time
in any one week because of these
factors. For the So-called "air-
frame" industry, which is subject to
more design changes than the en-
gine industry, the percentage may
neVpr no tbat bioh
The Waterbury Democrat., 1941-11-07
SCHOOL BOARDS TO MEET HERE
State Session to Be Held Next Friday at WiIby
 High School

waterbury will be host to boards Of education from all parts of Con- nectleut next Friday, November lA, when the State Association ot Boards of Education convenes ct WlIby High school for it's annual fell meeting.
 pr. AlonSo c. Grace, state Com missioner of Education, and pr. Pay- son smith, O former Massachusetts commissioner, will be among the speakers listed for the afternoon and evening sessions. Tn addition President Wilbert Snow of Middle. town, Thomas P. Ashton, president of Waterbury's school board, end Mayor Vincent A. Scully will ex- tend greetings to the convention, Mrs, Vachel Lindsay, headmistreSS of Oxford School, Hartford, VIII discuss "Wise and unwise Progress lvisFn".
 Discussion meetings, Q business meeting and election of officers, in addition to Q supper in the school cafeteria will also be included m the days program.
 Roger B. Ladd of the Hartford Board of Education, chairman of the program committee, has ararngeu discussions on "Education in the National Defense Crisis" with Pro- fessor Wilbert Snow as chairman; "school Finances and the Defense ProQram", conducted by William Q. Anderson of Wetherstield; De- n1ands for Curriculum Changes" with Rev. Dixon Hoag of Old Lyme as chairman; and "The Trend in Public school Instruction, led by pr, George R. wells of Hartford.
 samuel A. Eddy of Litchfleld s one of the vice-presidents or the association, which is headed by Pro- lessor Snow, of Middletown.
 The complete program TOT next Friday Is as follows:
 4:00-President Wiibsrt snow; Thomas P. Ashton, Waterbury Board of Education; Mayor vincent A. 6cully, Waterbury.
 4:3O = Mrs. Vachel Lindsay; Head Mistress, oxford School, Hartford; s'Wise and Unwise Progressivism".
 6:O0-Discussion Group Meetings, in rooms to be announced.
 e:SO-supper in the school cafe- teria.
 T:i5-Buslness Meeting and Elec- ton of officers.
 7:3O-Dr. Alonzo c. Grace, State Commissioner of Education.
 B:OO-Dr. Payson Smith, formerly Massachusetts State Commissioner of Education, "Education Today.
The Waterbury Democrat., 1941-11-07

l7. Auxiliary and junior units not marching with veterans ofgan-
 Third Division
 l. Marehal Harry 6. Hyde and ?, East End Community fife and drum corps.
 3. District commissioners anc stans, Waterbury council, Boy Scouts of America. (Scout troops grouped by districts).
 {. St. Thomas Catholic Boys brigade and drum corps.
 5. Other patriotic and civic or- ganizations.
 .. Gold star Mothers in automo- biles.
 '. Disabled veterans in automo- bileg,
 While in assembly areas and marching thereto, organizations are instructed to avoid interference with traffic. Tn case of ire durs ing the parade the column will halt and move to the right of the street until the fire apparatus has passed, The parade marshal and staff will review the parade from in front of St. Johns church.
 The parade will be dismissed in Library park.
 The parade will be reviewed by Mayor Vincent A. @cully and city ofEicials as it passes the city hall. All veterans are requested to wear the uniform of their service or civ. lian coats with medals attached. Parade headquarters will be at the Legion home, i7 Holmes avenue and will open ct 1880 p. m. By order Of Parade Marshal.
 William J. Dillon
 Capt. Q. g. c. Ofacial: Clarence B. MaTsella iSt It. o. R. c.
 Chief of Staff.
The Waterbury Democrat., 1941-11-07
Official Parade Orders Posted For Amaistice Day Parade Here
Veterans to March Smn-
 day; Honor Ron Services to Be Held Tuesday

Final plans for vvatsrbury's cb- eeEvance Of Armistlce Day win bs completed this evening when reprp- Dontatives Of various veterans groups @loet tonight in the City Hall to approve recommendations Of coln- unittees.
 The observance this year will sx- egnd over Q period of three days. The parade will Do held Sunday afternoon ana the traditional serve Ices at the honor roll will be held Tuesday morning ct ll o'clock when factory whistles will blow reminding Waterhurians of the termination of World War No. 1 twenty.three years ago.
 Lieutenant Clarence B. Marsella, chief of stan, has posted oflcial parade orders as approved by Cap- tain William ,. Dillon, rnarshas. Dee eatis are given as Co time and place of mobilization, dfvigions and route of parade. They are as follows:
 Official Parade OrEAY
 The parade orders are as follows:
 1. Tn celebration Of Armistice day a parade will be held Sunday, Nov. 9, 1e4l. Ali persons who are afaliated with the military, veteran and civil groups named iKa the order ere urged to participate. A special invitation is extended to ex.servtce men, who have been discharged on account of being over the age limit, to march with the state guard group. They may report to the unarsilai ct the corner of Holmes avenue and west Main street at i:4O D. m. Auxiliary and junior units Of veterans organizations will march with their parent posts at the discretion Of the post coTn- Glanders or will be assigned places by the marshal of the second divi- Sion. Groups in automobiles will follow the third division. None but the American nag will be carried in the parade. (This does not mean post colors or auxiliary banners).
 2. Initial parade point: Corner sf Holmes avenue and West Main Wreet.
 3. Assembly areas: The first livision will form on West Main ;treet with the head of the column t Holmes avenue. The second divI. ion tveterans' organizations) will 0rm on Holmes avenue, facing outh with the head of the column tt West Main street. The third ltvislon (Boy Scouts and Boys 3rlgade) will form on Central ave- que facing south with the head of he column at West Main street.
 1. Time: The parade will form H i:tS and march at 2 ?. m.
 s. Line of march: West Main H"fet to Meadow street. to Grand :Eet. to Bank street, to Exchange slsce, to East Main street, to Stan- ey park, conference.-the to Exc
The Waterbury Democrat., 1941-11-07

change Place, to North Main street, to the north side of the Green, to Church street, to Library Park where the parade will bO dis- missed.
 6. The parade will march in the following order:
 1. Platoon of police.
 2. Platoon of firemeE.
 2. Marshal and stan. Reserve ofhcery, state guard ofacers, third battalion detail, state guard.)
 {. Corp. Coyle post, American Legion drum corps.
 s. Yankee Division Veterans as- sociation. (In r. D. unifornaS).
 Second Division
 l. Francis ". orencole, marshal and stan.
 2. St. Joseph's drum corps.
 3. F. II. IAscuFsa post, United Spanish War Veterans.
 {. Wheeler-Y Young post, Veterans of Foreign Wars.
 5. David L. Fannick post Jewish War VetCfens.
 6. Sylvester Stokes pest, Ilth. uantan Veterans.
 2. Mattatuck drum corps.
 Q. Ylorio post, ItaliansA American World War Veterans.
 Q. Waterbury Chapter Italian World War veterans.
 10. Lord Kitchener post, British War Veterans.
 il. U. 6. 4. Waterbury post, Ca. madam Legion. l2. Nutmeg fife, drum and bugle corps.
 B. Waterbury chapter, Disabled American Veterans.
 l4. Corp. Coyie post, American Legion.
 IS. Casper Davis post, American Legion.
 i6. william wilson post, Amer lean Legion.