davidaulloa/AmericanStories huggingface dataset:
Evening star., 1941-12-22
Baltimore Livestock

BALTIMORE Dec - 0P Omitted
States Department of Agricultural
Cattle. LOCO. including 75 holdovers;
active fully steady market on steers. she
stock and bulls: choice 992-pound year
lings. 1900: few good. s00-l.250 pounds,
il 35-65: bulk steers medium to Just good.
sSO-I 200 pounds. 10.00-11.25; common
light weights down to 900 or below; few
heifers. 1000 downward: common and
medium fat cows mostly 1.0O-S.O 90. few
head to $50: good heifer type. individual, l.,
to $50: bulk Gamers and cutters. 800
100: top sausage bulls. a15.
Calves. 315. Vealers steady with Fri
day: good and choice. 1450-15.OO; COM
mon and medium, IL .50-14 90; culls, $50
ii 90.
Hogs, 2.1OO Mostly lower than Fri
day and Saturday: practical top, II 10;
good and choice I40-22O pounds. 1.45--
20; 22O-"4O pounds. 11.2O-45; 130-l40
40: 340-260 pounds, IL .00-25; 100000
pounds, 10.sO-11.05; packing sows, e.5o-
Sheep. 1o5. Few lambs fully steady:
good and choice. 1884 pound ewes and
wethers. mostly 1850; odd head fat buck
lambs, 1880; few common and medium,
10 0.00-12 90.
Note-Liv vestock market closed Decem::
ber 25 and January l in observance OF
Christmas and New Year Day
Evening star., 1941-12-22
Washington Produce

BUrTER-s3 score. 37h.; l-pounnss ns
Pcenes' seore tubs t' s5A. pound prints. seM.
I.-pound prints, 36s4. 81 score tubs %
l-pound prints, 35l7; h.-pound prints %:
90 score, tubs 34Ia; 1-pound prints. 30
I.-pound prints, 351a So score tubs
pound prints. 3334: h-pound prints $50
LIVESTOCK-Calves, IA; spring lambs
GGsMarket about steady. Prices
paid for Federal-State graded esss receives
from grading stations December 2s1:
Whites U. S extras. large, 1910. mos.iy
30: q. S. extras, medium, 34-35 mos.iy
"a: U s. standards. large. 36,3., mostly
80: U. S. trades, 81. Browns. u .. eAtras'
large. 31-39. mostly 81: y. S; extras me me
diums. 1894: U. s. standards large 80
U S standards, mediums. 33: o. s. traces.
2a-33 Nearby ungraded eggs, curren,
receipts, whites. mostly 30-32' some ,eei OF
mixed colors, mostly 30. Receipts govern
LIVE POULTRY-Market about steady.
Fowl. colored, pounds and up, 1919:
Leghorn hens, 3i7 pounds and up. 13: No.
2s 10 Roosters, 1914. Chickens VIZ
sinia Rocks. broilers and fryers. all sizes
I7-Is: No. IS, 13; mixed colors. IS. Della
ware and Maryland. Rocks and crosses'
broilers and fryers. all sizes. Ills: No
IS. 13. Cspons 5-6 pounds. 25: z pounds
and up. 26. Turkeys, young toms, l6
pound pounds and and Up. Up s7-3s. few 80: No ,,
and undersizes. Is. Guineas, young. al
sizes, 25 per pound: old. 10
Evening star., 1941-12-22
Sugar Deliveries Gain.

The Agriculture Department re-
ported today 7,283,097 short tons OF
direct consumption sugar were de-
livered during the first II months Of
1e41 by refners, beet professors and
importers.
Deliveries during the same period
of 1910 totaled 6.249.852 short tons
These figures were exclusive Of de-
liveries by mainland cane mills, not
vet available for last month.
The same report showed that re-
finers' stocks at the end Of Noyem-
ber were Ais 1927 short tons OF raw
sugar and 297 .806 of refined. On the
same date last year raw stocks were
367 1854 and refined 333,885.
Evening star., 1941-12-22
Insurance Company loan
For Loew's Reported
By the Associated Press.

BY the Associated Press
NEW YORK, Dec. 22-Financlal
circles reported today Loew's, Inc,
had completed arrangements for an
insurance company loan to facili-
tate the retirement OF its outstand-
ing sl1,58l 90 in 81 per cent de-
bentures due in 1916 and l36,722
shares of $3.50 no par preferred
stock.
1t was understood that part OF
the issues would be retired from the
company's cash surplus and the bal
ance refunded by the new loan. The
debentures are callable at 1922 up
to February Is, 1912, and at l02 ur
to February IS. 1943. The preferred
is redeemable at los.
Evening star., 1941-12-22
Steel Rate 10 Hold
Al 93.4 Per Cent
In Holiday Week
Most Plants to Forego
Usual Production
CurtoiIment
BY the Associated Press.

BY the Associated Press.
NEW YORK, Dec. 22.-Gonflrm-
ing recent reports that the steel
industry largely would forego its
customary Christmas curtailment
of production activities, the Ameri-
can Iron and Steel Institute esti-
mated today the current weeks
steel output would be at the rate of
93.4 per cent of capacity, compared
with 97.9 per cent last week.
The slight tapering Of operations
was in contrast with a drop OF
around 16 points in the operating
rate in the Christmas weeks OF the
last few years.
A month ago the industry was
running at $50 per cent of capacity
and a year ago at 80.8 per cent.
Evening star., 1941-12-22
FOREIGN Exchange

NEW YORK Dec. % P.-Lats for
in dollars others in cents:
Canada: Ofncisl Canadian Control
Board rates for United States dollars,
buying, 10 per cent premium: selling ] l
per cent premium: equivalent TO discounts
on Canadian dollars IN New York OF buy
Canadian dollar in New York open mar
ket. 1914 per cent discount. or $3.50
United States cents, down !. cent.
Europe: Great Britain, oficial tBank-
ers Foreisn Exchange Committee rates),
buying 402; selling, 4O4. open mar
ket: cables. 81 .04.
Latin America Argentina, ofncial
2a17: free, 2375, UP .04 cent: Brazil. Of
fetal. 605n: free. san Mexico. 90. ION
tRates in spot cables unless otherwise
indicated
Nominal.
Evening star., 1941-12-22
Distihers Corp. Shows
&,615,319 Profit
In Third Quarter
Result Well Above
$l,294,295 in Same
Period Lost Year
By the Associated Press.

6y tnS hSSOClhtcd FIcSS
NEW YORK, Dec. 22.-Distillers
Corp. .-Seagrams, Ltd. and all sub
sidiaries today reported for the
quarter ended October 81 net profit
Of $2615,3l9 Omitted States cur
rency) after taxes.
This was equal after 5 per cent
preferred dividend requirements to
s138 a common share. and COM
pared with 1924 295, or 81 cents a
common share, in the comparable
1910 quarter.
Income and excess profits taxes in
the latest quarter totaled $3.652. .48l
against s8l9,243 in the 1910 October
quarter.
Erie Railroad.
Erie Railroad announced Novem-
ber net operating income OF $1,388,-
BAT. against 81 ,3O9,693 in November
1910 On the basis Of old fixed
charges of s1,107,595, net income
totaled $284,47l, but fixed charges
and leased road rentals under the
roads reorganization plan, now in
effect, total only $580,000 month
In the first II months of the year
the road earned s20,464 ,628 avail
able for fixed charges. After the
deduction of old fixed charges the
net amounted to s7,637978. Fixed
charges in the reorganization plan
total only $6,380 900, however.
The railroad company made lis
first public appearance as a free
enterprise today when the new
board of directors formally took over
the roads properties from tine
trustees.
Cudahy Packing.
Cudahy Packing Co. and sub
sidiaries reported net consolidated
income of 3,652,316. or $6.57 a COM
mon share, in the fiscal year ended
october 81. This compared with net
consolidated income of $2,l16,223, OF
1929 a common share, in the 81
weeks ended November 2, 1910.
Zenith Radio.
Zenith Radio Corp. and subsidi.
aries reported profit of $1,150,073 fol
the six months ended October 81
before provision for Federal income
and excess profits taxes. This com.
pared with profit OF 81, ,l5S,872 before
Federal taxes in the six month!
ended October 81, 1910.
Santa Fe Dividend.
Directors OF the Atchison. Topeks
d Santa Fe Railway voted a divi.
dend of 81 share on the common
stock. payable March 2, 1912. tt
holders of record December 81. Sim
liar payments were made September
2 and December this year. The
latest distribution is payable out
Of the accumulated surplus for the
IL months ended June 80, 1941.
Evening star., 1941-12-22
| BurIop Placed
| Under Control
|Of Government
BY the Associated Press

by IIIt HSbOVIdItU FItbS.
The Government took complete
control today of the country's en-
tire burlap supply, eliminating its
use for all peacetime purposes ex-
cept the bagging of agricultural and
chemical products.
Much of the supply will be di-
verted to defense. the Office of Pro-
duction Management said, for sand
bagging and camouf1age.
Evening star., 1941-12-22
n. e. w. Dividend Voted.

PHILADELPHIA, Dec. % (P.-Di-
rectors of the Norfolk & Western
Railway Co. today declared quar-
terly dividend Of one dollar per
share on adjustment preferred stock
payable February 10, 1912, to stock
holders of record January 81.
The company today also reported
net income of $1,574,78266 for No
vember. equal to $l06 common
share, compared with $2660. .776.05.
Evening star., 1941-12-22
Visible Grain Supply

NEW YORK, Dec. % (P.-Visible
supply of American grain showed
the following changes from a week
ago Tin bushels: Wheat decreased
1,417,O 900, corn increased 499 900, oats
decreased 348, 900, rye decreased
271 1000, barley increased $4,000,
soybeans increased 100000.
Evening star., 1941-12-22
Business Failures Down

NEW YORK, Dec. % (P).-Busi-
ness failures for the week ended
December l8 numbered 2l7, COM
pared with 230 in the previous week
and 255 in the corresponding 1910
week, Dun g. Bradstreet reported
today.
Evening star., 1941-12-22
Washington Exchange

Wash Ry e. Elec pfd.-6 at ia.
Mergenthaler Linotype - 10 at
264, 5 at 1864.
AFTER CALL.
Capital Traction 1st $500 at
1922, $500 at 1927.
Washington Gas com.-25 at 14l1
100 at 14la. 20 at 141a, so at 1412, 100
at 141a, $50 at 14as, 100 at 14as, 100
at 143s, 100 at 14l4.
Capital Transit Co-100 at 14ss,
so at 14as.
N & w Steamboat Co.'S at IS.
Evening star., 1941-12-22
New York Cotton
BY the Associated Press.

NEW YORK, Dec. 22.-Cotton fu-
lures edged into higher ground TO-
day. Mill price fixing and profess
sional buying found contracts
scarce, although hedge selling and
profit taking appeared on the bulges
Improved cotton goods business
stimulated buying.
Late prices were 80 to IS cents
bale higher; March. 170l; July
1921, and October, 17.13.
Futures closed 35 to As cents q bale
hicher
Evening star., 1941-12-22
London Market Steodies

LONDON. Dec. % P.-Prices OF
Far Eastern securities and other is
sues steadied on the stock market
today after last weeks setbacks. The
market opened quietly, but gains
Of a few pence dotted the price list
at the close.
Evening star., 1941-12-22
Baltimore Stocks
Special Dispatch to The Star.
Commodity Prices

NEW YORK, Dec. 22.-The Associated
Press weichted wholesale price index of
35 commodities today declined to "a %
Previous dya, "a 43 week ago. 1924
month ago. al SO; year ago 774I
Hish - a4a4 1875 75S2 Ssi4
Low 77O3 $3.50 637s 4l44
1926 average EQUALS loo
Evening star., 1941-12-22

In bankruptcy or receivership or being
reorganized under the Bankruptcy Act, or
securities assumed By such companies.
Rates Of dividends in the foregoing table
are annual disbursements based on the
last quarterly or semi-annual declaration
Unless Otherwise noted special or extra
dividends are not included. Also extra or
extras. d Cash or stock. Paid last year.
fPayable In stock. Declared or paid 20
far this year. PAYABLE In Canadian funds
L Accumulated dividends paid or declared
this year. wv With warrants. Nv with.
out warrants. war Warrants. Unit Of
trading less than 100 shares; sales ars
given In full
Evening star., 1941-12-22

NEW YORK. Dec 90 [P,.--copper,
~. II 90; export, fa.s,. New York, ll.25.
Tin, steady: spot and forward 81 60
Lead. steady: spot, New York. $50; ~.
spot and forward, s.25. Pig iron, No. :
fob. Eastern Pennsylvania. $500; Buff
virgin. 80 per cent, 1900. Antimony,
Chinese spot. 1850. nominal Quicksilver,
21e.o0, nominal. Platinum: pure. 80 90.
Chinese wolframte, 24.O0-26. 90, nominal.
Domestic scheelite. 23OO-26.0O, nominal.
Evening star., 1941-12-22
Alcohol for Powder.

LOUISVILLE, KY, Dec. % [P,.-
A full-fledged and vital project was
added to Louisville's war effort to-
day when first industrial alcohol
for powder making was drawn of in
the expanded plant Of Brown-For-
man Distillers Corp.
Evening star., 1941-12-22
Chicago Cash Wheat.

Chicago Cash Wheat. -
Wheat, No . hard. 1.24h Corn; oio
No. i yellow. 19H: No. ,, 19a4: No 4
rs: sample grade yellow, -: new corn
No 3 mixed. 76la: No 4; -: No; vel
low .sla: No. 5, 6a94 sample grade
No 5. 75l+-77,.. Oats: No. nike mixed
white. 5ti-56iz: No. 4, 50-54; sample grade
white 45a.-4994. Barley. mailing, II -95'
nominal: feed and screenings, 50-6s. nom
inal: No . mailing barley. 80, Soybeans,
No . yellow, 1.71i7-1 12is; No, 4. 50.
1.75: sample grade yellow; l.55st. Eel EleId
seed, per hundredWelsht. nominal Inn
top, s,00-s75: red clover. 15.00-17.0O:
sweet clover. $500 90.
Evening star., 1941-12-22
Odd-Lot Dealings
By tie Associated Press.

BY Tie ASSOClaleu PItSs.
The Securities Commission reported to-
day these transactions by customers with
odd lot dealers or specialists on the New
York Stock Exchange for December 20:
1854 purchases involving 1871 shares.
1919 sales involving ss.S24 shares, in
cluding At short sales involving s12
shares.
Evening star., 1941-12-22
1941 Tool Production
Expected 10 Pass
$50 Millions
Margin Of IS Millions
Over Earlier Goals
Now Predicted
BY the Associated Press

BY the Associated Press.
CLEVELAND, Dec. 22-President
George H. johnson of the National
Machine Tool Builders Association
predicts that machine tool produc-
ton for 1941 will exceed by approx
imately s15,oOO.0Oo the $3.50, ,0O0, 900
goal set early this year. Shipments
In 1910 we're s450,000,00O
November machine tool shipments
Of s74.600.000 brought the total the
first II months this year to $780,
100000.
Evening star., 1941-12-22
'ents q bale
New Orleans Prices.

New Orleans Prices.
NEW ORLEANS. Dec. 90 GP.-The cot
ton market closed steady ] 10 3 points
net higher. The slight advance was at
tributed to trade buying
Evening star., 1941-12-22
Radio OUTPUT Cut,

BUFFALO, Dec. % (P.-Govern-
ment curtailment of automobile pro-
duction has forced the Colonial Ra-
dio Corp. to halt five assembly lines
turning out auto radios, company
President Allen H. Gardner said.
Evening star., 1941-12-22

Foodstuffs will be sold in Egypt
at prices fixed by the government.
Evening star., 1941-12-22
BONDS
PUBLIC UTILITY.
STOCKS

MISCELLANEOUS.
Ter Rf&W Cp 1st 4As 194S 102h
Evening star., 1941-12-22
U. 5. Treasury Notes
NEW YORK. Dec 80 tP,.-Prices q
In dollars and thirty-seconds.
Metal Market

SSubJect 70 Federa
State income taxes.
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1941-01-01
By "UNCENsOR

Ubiquitous SIS
President Roosevelt expounded some
sound economic theory when he told
his press conference Wednesday thai
no major war was ever won or los
through the lack of money. War is
fought and won or lost by men, ma
terials and machines. AS fundamental
is the fact that commerce is the trans
fer of goods, not money. What Pres
ident Roosevelt did not tell his press
conference, however, was that goods
are valued against each other in terms
of money, and, whether he wills it or
not, the dollar sign cannot be removed
from -to-Britain. Essentially, Pres
ident Roosevelt's new plan for lending
arms and munitions to Britain does
not differ from World War loans or
from previous proposals for financial
aid. No matter what devious explana-
tions are offered, the new plan in
wolves loans to belligerent govern
ment in default on it's World War
debts. Such loans are not barred by
the Johnson act or the Neutrality act,
solely because they would not be made
by private citizens but by the Govern
ment (UNCENSORED Dec. y. Since
somebody must be paid to produce
this material (from bond issues and
increased taxation), and since repay
ment even Sin kind" pre-supposes
evaluation, the dollar sign will con-
tinue to symbolic economic aid to
Britain.
The parallel between British pur-
chasing as practiced under a straight
loan and under President Roosevelt's
proposed new plan becomes even more
obvious when the mechanics of both
are examined. Under the first proceed
ure during the World War, the U. S.
placed funds with the Federal Reserve
Bank at the Allies disposal to be used
to pay U. S. manufacturers for war
materials. Under the Roosevelt pro-
posal, u s. Government funds would
be paid directly to U. S. manufacture
ers for war materials to be shipped to
Great Britain. The difference is cler-
ical and 1egalistic. Under neither
plan would the U. S. ship money to
Britain.
Meaningless
For people who think only in tradi-
tional terms" the Presidents proposal
for repayment "in kind" is as mean
ingless as his distinction between
loans of money and loans of goods.
If Britain wins the war, the U. S. is
presumably freed from military dan
ger. In any case, the real problem
presented by repayment in kind is not
the return of unused shells, surviving
planes and ships, but the return of
destroyed material. Under the Pres
idents plan, we might assume that
Britain would return similar material
But would 1945 model flying fortress
be equivalent to 1941 model? With
aviation technology advancing under
war impetus, the u S. might well find
itself at the end of the war loaded
down with obsolete 4-year-old planes
Or the U. S. might once again act
uncle Shylock" in haggling about
the relative values of 1945 and 1941
models with the dollar sign again in
the foreground of the picture.
Even if bargain were struck, the T.
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1941-01-01
A REVIEW

U. S. might not be too eager to az
cept it. 1T is the virtue Of Mr.. Roose
velt's plan," commented the Londol
Star, that it would help us tide owe
the difficult transition period after tn
: war" For while it might forestal
an immediate unemployment crisis IL
Britain, repayment in kind would seri
ously impair part of American econ
omy-the U. S. arms industry-anC
produce another postwar depression
Historians record that one of the mos
effective pleas by Walter Hines Page
for intervention was the observation
that ut is not improbable that the
only way of averting a panic is
by declaring war on Germany"
Therefore it is doubtful if repay
ment in kind would be subject to lit
eral Interpretation. Not even repay
ment in economic equivalents would
solve the problem satisfactorily. 1t
would again raise the dollar sign chow
much Scotch whiskey would pay for a
flying fortress?), for payment could
OHiy NC ulddC Ill 6OOQo VI 6Oiu. Dill
aims willingness to repay in gold can
be judged by her attitude toward
World War debts. Nor would more
gold do the U. S. much good in the
long run. And whatever the final out
como of the war, Britain is certain to
emerge with a shattered economy,
ruined factories, vastly impaired in
dustrial production. Raw material
exports from the Empire would not
offset British industrial losses, espe-
cially if the U. S. were progressing
toward Hemisphere self-sufficiency.
Britain could not repay such loans in
kind even in reparations collected Sin
kind from an equally shattered con-
tinent. Repayment of this debt, to
any appreciate degree, would have to
be based upon the assumption of an
unfavorable trade balance on the part
of the U. S. Unless industry were
willing to accept goods in excess of
usual imports and in competition with
domestic production, there could be no
payment. And of course, if Germany
Wiuo, ID ltdiu Will CoIldlllly uOI NC per
mitted to pay Gin kind" or any other
way. Such aid, whatever it is called,
becomes a gift unless Britain releases
some of her tightly held economic
Empire (UNCENSORED Dec. y.
Pro-and-Con
President Roosevelt identified his
new plan with U. S. national interest
from the selfish viewpoint of Ameri-
can defense, quite apart from our his
toric and current interest in the sur
vival of democracy. The President |
his thesis by two argu-
ments: ID that the best immediate
defense of the u. S. is the success of
Great Britain in defending herself;
and (2) orders from Great Britain are
4 tremendous asset because they auto
create additional facilities.
Two further points he might have
made are: (3) the U. S. will be able
% test it's war machines-especially
actual conflict; and (D the
onger Britain survives, the more time
he U. S. has to prepare. If these
are accepted, there is no
point at which aid to Britain can stop
certainly not short of actual entry
INTO war itself.
None of these points is totally in
yalid, although they need not add up
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1941-01-01
JEFFERSON THINKING

the eastern cities. These added
nothing to the Jefferson thought but
they did much to reduce that thought
to action. They were strong enough
to get what they wanted in govern.
mental affairs.
In the 1S40's the Industrial Revolu-
tion was in full swing. Factories
grew in numbers and size. Workers
congregated in town. The conditions
of life steadily became worse and most
of all full of woeful future was the
newly invented machines constantly
increasing goods that must be sold.
Human desires were aroused and
women and children hard working I'M
der death dealing conditions, long
hours at low pay.
This industrial system demanded
money and machines and threatened
the Jefferson thinking with extinc-
ton Could this thinking survive?
In the meantime women demanded
the extension of the Jefferson thought
to include their sex, and such names
as Lucy Stone, Elizabeth Cady STAN
ton, Lucretia Mott, Susan B. Anthony.
and Margaret Fuller with final uni
versal suffrage for women wrote a
page in the history of our country.
While all this and more of econom-
ics was in agitation Abraham Lin
coin in April 6, 1882 wrote as fol-
lows: "Soberly 1t is now no child's
play to save the principles of Jeffer-
ton. The principles of Jefferson are
the definitions and axioms of free
society. And yet they are denied and
evaded with no small show of sue
cess. One dashingly calls them gilt
tering generalities' Another bluntly
calls them self evident lies. And
others insidiously agree that they ap-
ply only to superior races These ex-
pressions, differing in form, are iden-
tical in object and effect-the sup
planting of the principles of free gov
eminent and restoring those of CLASH
fication, caste, and legitimacy. They
would delight convocation of
heads plotting against the
people. They are the vanguard-the
miners and sappers of returning des-
potism. We must repulse them, or
they will subjugate u.s."
But the greatest blow to the Jeffer-
son ideas was the Civil war 1t had
been fought and won in the factories
and money markets of the North be-
fore actual military hostilities began.
Things are in the saddle" was Emer-
sons statement. Things have been
here till nowl High tariff laws were
passed; a system of national banks
Governments attitude
favored big business. One estimate
states that the Union Pacific was
given by the government 1890 acres
If land and cash subsidy that varied
rom $4,000 to $4,000 for every mile
If railroad built between Omaha and
Ogden.
Soon appeared Gould, Hartman,
Hill, Rockefeller, Morgan, w. A. Clark,
Phillip Armour and Clark, Daley and
Heinzie of our own state, Montana.
With all that Democracy of the JEFF
'erson era has gone Gone Is the old
line independence of labor. Too
many men no longer live in their own
ZONES. Man belongs to his job, serf
o company, If he would eat, IL the
will but nod to him.
And the ideas and thinking of JEFF
erson?
You answeri
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1941-01-01
DEMAND THE UNION LABEL !

First steps toward Hemisphere econ
omy have been to stimulate trade in
specific agricultural and mineral pro-
ducts among Brazil, Argentina, Vene-
zuela and Columbia and between Chile
and Peru Far more important are
joint undertakings by North and South
American interests to provide the q.
S. with goods hitherto bought in Eu-
rope and Asia. In this category is
Latin American production of handi-
craft goods of which s50,000,000 a year
was imported from Europe before the
war. A second project is establish
ment of processing plants in Brazil
for humble mandioca (tapioca), from
which the ugly fish-eyes-in-glue of
boarding school dinner tables is made.
Tapioca has other uses. Development
of this project win aid Brazilians in
establishing adhesive, dextrine, textile
and paper industries. A market for
tapioca can be found in the q. s.
which now purchases SO percent Of its
supply (s6,000,000 year, from Java.