davidaulloa/AmericanStories huggingface dataset:
Evening star., 1941-07-22
Huge Job|ess Army
Forecast i Auto
Output Is Cut
Defense Cannot Absorb
ESQ, 900 Until Spring,
Experts Believe
By DAVID J. WILLKIE,

Associated Press AutomotlVe Eoltor.
DETROIT, July 22-Sources close
to the automobile industry's produc-
ton division said today that the ap-
proximately 25O,0O0 persons through
out the Nation who would be made
idle by the latest proposal for cur
tailment of motor venlcle output
could not be absorbed by expanding
defense activities until next spring,
Leon Henderson, in press release
last Saturday, announced that the
ONCE of Price Administration and
Civilian Supply, which he heads,
had decided reduction of approx
mately so per cent from last years
car and light truck production would
be necessary.
1t was explained in automotive
quarters here that the Henderson
proposal has not been put into for
NAL shape and may not be for an
other fortnight. There was no in
clination among the car makers
representatives to challenge the
need for the curtailment.
The industry's reaction to the lat
est proposal, which supplemented
an original 2015 per cent curtail-
ment order, issued by the Office of
Production Management, was indi-
Gated to be as follows:
Determination OF. what is needed
for the national defense is wholly
a governmental responsibility; when
that decision has been made, the
motor car industry will do all it can
to carry out that decision"
Big Saving Foreseen.
The Henderson curtaihment pro-
posal, contemplating an aggregate
output of 100000 vehicles during
the 1912 model period, together
with the conservation program of
the industry will result in a heavy
diversion of raw materials from the
automotive industry to the defense
program. There will be, for ex-
ample, a saving of approximately
2,750,000 tons of steel; aluminium
consumption will be cut from 49,
900 1000 pounds to 100000 pounds
nickel steel from 24l 100000 pounds
used in 1941 to 36,500,00 pounds for
1912, and the use of zinc will be
reduced from 186,0O0,000 pounds
used in the current model year to
43.900,000 pounds for 1912.
What the proposed curtailment
means in passenger car and truck
activity is strikingly demonstrated
in production figures for the first
six months of the 194l model season.
Compared with the maximum of
1900 900 units, suggested as the out
put for the first half of the 1912
model year, the car and truck as
semblies in United States plants
only for six months starting August
l, 1941, we're 1907 ,876 passenger cars
and 402,667 trucks.
Plans Visit to Capital.
Gov. Murray D. Van Wagner
plans to go to Washington TO out
line to Federal officials, including
Henderson and Sidney Hillman, CO.
director of the Office of Produc-
ton Management. the probable
affect on employment in Michigan
factories If the slash in car pro-
duction cannot be implemented on
a gradual basis pending the readi-
ness of the defense program to
take over workers currently engaged
in vehicle output.
The Governor will present fig
ures to show that in Michigan
alone upward of 10000 individuals
will be thrown out Of work for
most of the coming winter by an
abrupt cutting down of automobile
plant activities.
Evening star., 1941-07-22

W.
The action by the Board of Direc-
tors was described as the initial
step in effecting a general reorgani-
zation of l. U. C. affairs.
Yeager announced his immediate
objective would be to lower by 30
per cent operating costs of Interna-
tional and its subsidiaries, General
Water, Gas e. Electric and Dominion
Gas & Electric Co.
The new management has al
ready drawn up program OF rigid
economy which is designed to
achieve that result and which will
be immediately put into effect he
declared.
Chandler said his resignation was
''in the sincere belief that my action
is the best method of restoring har-
mony within the corporation and
among its stockholders.
Last Wednesday the Securities and
Exchange Commission instituted
proceedings under the Holding Com
pany Act to make the corporation
simplify its capital setup and re
distribute voting power on an equit-
able basis" A hearing was ordered
for August 6.
In the spring of 1910 the company
filed an application with the S. E. c
for a recapitalization under section
II 60 of the Holding Company Act.
In the 1910 annual report. however,
directors said there should be some
modification of the plan, adding that
changes would be determined upon
when more stable conditions pre-
vail"
Yeager, Virginian and a former
student OF George Washington Uni
versity, before entering the utility
field held posts in the State Depart
ment and with the R. F. C. as a
special assistant to Jesse Jones.
Evening star., 1941-07-22
Fewer Barrels Used
BY Apple Growers
,vthe Associated Press

BY the Associated Press
WINCHESTER, Va, July "a
steady decline in the use OF barrels
by apple growers and a likewise in
crease in truck shipments are lndl-
Gated by special report made by
the State Cooperative Crop Report
ing Service today from 26 cold-stor-
age plants in the State.
These coolers" had total OF
3.6l2.512 bushels Of apples stored
during the l940-41 season. The per-
centage stored in various kinds OF
containers was: Barrels, as per
cent: baskets. 702; boxes, 22.1. and
crates, 81. For the 193940 season
1870 per cent were stored in barrels,
662 per cent in baskets, l46 per cent
in boxes and IL per cent in crates.
Cold storages reported ST per cent
moved into storage by rail and ca
per cent by motor truck. The out
of-storage movement amounted to
35.4 per cent by rail and 646 per
cent by motor truck and for local
consumption.
Evening star., 1941-07-22

Co., common; Monsanto Chemical
Co.. common; National Biscuit Co.,
common; New York Air Brake Co.,
common; oxford Paper c., s5 cum
ulative preference; Public Service
Corp. of New Jersey, common; Radio
Corp. of American common; Radio
Corp. of America, $3.50 1st cumula-
tive convertible preferred; st.
5oseph Lead Co., capital; Sears, Roe
buck & Co; capital; Servel. Inc,
common; Shell Union Oil Corp,
common.
Simmons Co.. capital; Socony-
Vacuum Oil Co, Inc, capital;
Standard Brands, Inc, common;
Standard Oil Co. undiana), capital:
Sterling Products. Inc, capital:
Timken Roller Bearing Co., COM
mon; Continental Corp. s6 &C
cumulative preferred; United Shoe
Machinery Corp, common: United
States Steel. per cent cumulative
preferred; Wick Chemical Co., cap
ital; Westinghouse Air Brake Co.,
capital; Wheeling Steel" Corp, IS
cumulative convertible prior pre-
ferred: F. w. Woolworth Co., cap
ital; Youngstown Sheet & Tube Co.,
common; American and Foreign
Power Co, Inc, 5 per cent. deben-
lures lst March, 2030; Cities Service
Power & Light Co. 5ia per cent. de-
bentures 1st November. 1852.
Unlisted stocks or other securities,
estimated to be worth approximately
s115, 900, of the following con-
Germs:
United States Potash Co., Inc; E;
Delta & Pine Land Co. of Missis-
sipp; Delta Planting Co.. Linen
Thread Co, Inc; Yardley of Lon
don, Inc; Ferguson Sherman Manu-
featuring Corp, r. T French Co.
Atlantis Sales Corp, Oldbury Elec-
tro-Chemical Co, Lea e. Perrins,
Inc; Arkwright Finishing Co, In
terlaken Mills, DiStillers Co., Ltd
Delaware. Morganite Brush Co,
Inc; B. Priestley & Co. Inc: Firth
Sterling Steel Co, Keasbey & Matti-
son Co., Funch. Edye & Co., Inc.
twenty-five Broadway Corp, Baker
Perkins, Inc.
Pacific MolaSses Co., Ltd: A. J
White, Ltd; Menley & James, Ltd.
Hecht. Lewis e. Kahn, Inc; Crown
Mills, Inc; F. w. Berk & Co., Inc;
American Association, Inc; Mica
Insulator Co, c. Tennant Sons &
Co. of NeW York, American Threac
Co., Joseph Tetley & Co., Inc; Dun
lop Tire e. Rubber Corp, j. & P
Coats Rhode Island, Inc; CLARK
Thread Co. Clark Thread Co. oi
Georgia, North Georgia Processing
Co., Inc; Stowell-MacGregor Corp.
Spool Cotton Co., Jonas Brook &
Bros. (U. S. A.. Dentists Supply Co
of New York, F. w. Cook Co., Nor
Hoffman Bearings Corp, En-.
| sign-Bickford Co., Okonite- -Callen.
| der Gable Co., Inc; Pembroke
Chemical Corp. Josiah Wedgwooe
& Sons, Inc, of America.
Evening star., 1941-07-22
Foreign Exchange

NEW YORK, JULY % LP-The Hons
Kons dollar and ArEentine free peso were
of a shade In terms of the United States
dollar in foreign exchange trading today.
Other major currencies generally were un-
changed
Late rates follow tGrest Britain in dol
lars. others in cents):
Canada
otacial Canadian Control Board rates
for United States dollars: buying. 10 per
cent premium; selling. IL per cent pre-
MUM; equivalent to discounts on Cana
dian dollars in New York Of buying, 9.a1
per cent: selling, BOO per cent
Canadian dollar in New YORK open mar
ket, 11h per cent discount, or Ss.3117
United States cents.
Europe.
Great Britain. oficial Bankers Foreign
Exchange Committee rates. buying 4.02 !:
selling. 4.04; open market. Cables, 4.03A.
Latin America
Argentine. oficial. 2Q77; free, o3.s3.
Brazil oficial, 6.06n; free, 5.1On; Mexico,
20.70n.
Far East.
Japan. 1882: Hons Kons 2471; Shans-
hal 5.42.
Rates in SPOT cables unless otherwise
n Nominal.
Evening star., 1941-07-22
Corn Prices Sfronq
Despite Reports
OF Big Crops
Market Is Stimulated
By Widespread Demand
For Feed Grains
By FRANKLIN MULLIN,
Associated Press Market Editor


CHICAGO, July 22-Reports OF
brilliant national corn outlook are
flooding the Chicago market these
days as the 1941 crop races days
ahead of schedule into the vital ear
forming period.
Despite the optimistic reports,
prices of corn, highest since 1887,
have shown little weakness. Wide
spread demand for feed grains to
stimulate output of livestock prod
ucts in the wartime emergency IS
having a direct effect on corn, prln-
cipal feed grain.
At around IA cents bushel for
best yellow grades in Chicago, corn
is selling more than a dime above
the rate at which the Government
offered loans on the 1910 crop. The
price also is more than 10 cents
higher than year ago, more than
20 cents higher than two years ago.
5000 900 Bushels Redeemed.
This has resulted in withdrawal
of 1910 corn already placed under
loans since producers can more
profitably feed it or market it. So
far more than 100000 bushels have
been. redeemed, leaving only about
100000 bushels of the 1910 crop
still under seal, compared with
300 900 900 bushels of 1899 corn a
year ago.
Producers are anticipating near
record yields as result of favorable
weather, plentiful moisture and in
creased planting of high-yielding
hybrid seed. Although there still is
plenty OF time for damage due to
insects or prolonged hot. dry
weather, latest official figures indi-
cate the yield per acre may be the
best since 1920 Domestic acreage
for harvest, however, is the smallest
in decades.
The July Government estimate
Of yield per acre was 29.7 bushels
for the country as a whole, COM
pared with 283 last year and the
l930-39 average of only 235. In
Iowa, where the most hybrid is
planted. a yield of 50 bushels was
forecast, compared with a 10-year
average of only 37.2. Indiana, Hi
nois and Ohio, banner corn pro-
ducing States. were promised yields
almost that great.
Huge Harvest Forecast.
The bumper newscrop, estimated
at 2,548, 100000 bushels as of July
l, may be the largest since 1882, and
will be piled upon a carry-over Of
more than 700.000,000 bushels.
All this corn, however, will be well
coined by agricultural authorities
who are pressing for increased out
put OF livestock and livestock prod
ucts, with the lid off production of
such vital foods as pork, lard, milk,
butter, cheese and eggs. Large guam
titles of these foods have been pur-
chased by the Government recently
for shipment to Great Britain as
well as for domestic relief.
Evening star., 1941-07-22
Daily Oil Production
Shows Decline Of
1865 Barrels
Biggest Drop Recorded
In Texas; California
Flow Also Cut
R1 the Associated Press.

BY the Associated Press.
TNSA, Okla, July 22.-Dally
crude oil production in the United
States declined 1sl675 barrels to
2 S82. .375 for the week ended July 10,
the Oil and Gas Journal said today
Biggest decline was in Texas. of
2o5.T3O to 1.231.27O East Texas was
down 76.e30 to 29695o; California,
1000 to 64O,25O; Illinois, 1886 to
333,47O: Eastern fields, 1900 to H.
500 and the Rocky Mountain States,
$50 to 108,9 $40.
Louisiana production increased s.
$40 to 320.615; Kansas, $3.50 TO 259' :
O5O: Oklahoma. 1850 to All, l,750, ano
Michigan, 900 to 40,530.
Evening star., 1941-07-22
N. A. N. Leader Sees
Rapid Progress in
j. ). Defense
Moore Says Results Top
German Development
Of Six Years
BY tie Associated Press.

BY the Associated Press.
NEW YORK, July 22.-Roy w.
Moore. president of Canada Dry
Ginger Ale, Inc, said today that
American industry had made more
progress in defense manufacturing
in the last year than Germany had
in six years.
Moore. director of the National
Association of Manufacturers, told
delegates to the convention of the
Commercial Law League of America
in a discussion Of industry's role in
the defense program:
THE immediate contribution Is,
of course, physical production for
defense. On that point industry y
record is proud.
Year ago, this country had no
armaments industry. Industry had
geared itself wholly to production
for peace and was bravely waging a
winning war against a depression
that was all but licked, Then came
the call to arm.
Industry hates war, for war IS
anti-economic; it is humane,
and industry thrives on peace.
But by December. American In
duStry was the worlds arsenal Of
democracy. And in one year it has
made more progress than Hitler's
State-directed arpaments industries
had been able to make in six. I"
There are few attempts to
profiteer on defense orders. More
representative of industry is the
chemical firm which has taken all
the orders 1t can carry at a profit
OF 2 per cent; the Pacific Coast
shipbuilder who returned profits to
the Government when increased
orders reduced construction costs:
the companies who have plowed
back more than all the profits they
have received or will receive on
existent orders into expansions so
they can increase output the defense
program needs.
Since the defense period opened.
the prices received for manufac-
tured goods have increased only
half as much as costs of manufac-
ture have increased"
Evening star., 1941-07-22
Monsanto Chemical
Reveals AN-Time
Sales Record :
81 Per Cent Increase
Over Year Ago Seen
In June Quarter
~ the Associated Press.

By the Associated Press
ST. LOUIS, July 22.-Sales OF
Monsanto Chemical Co. in the Sec
ond quarter of l94l reached an all
time record of sl6,O75, $50, or 54 per
cent above the same three months
of last year, President Edgar M
Queeny announced today
He attributed the increase to ac-
tivity in industries dependent on
chemical materials, rather than to
direct defense orders held by the
company.
Net income for the quarter was
$l,945, ,977, equivalent to ST 40 COM
mon share, compared with 80 cents
last year. Earnings for the first six
months, after provision for probable
tax increases, amount to S2,38 a
share, as compared with adjusted
income of sl75 share for the same
period of 1910.
Evening star., 1941-07-22
Boston Wool Market

BOSTON July 90 lp, Omitted States De-
partment Of Agriculture VERY few in
ouiries were being received today for greasy
shorn domestic woods in the Boston mar
ket. An occasional buyer was lookins for
fine territory woods At around 81 secured
basis for good French combins length.
Grease bids were lower than owners were
willing to accept and consequently sales
were not closed. Quotations generally on
domestic woods were Unclaimed compared
with last week despite the very slow de-
mand.
Evening star., 1941-07-22
Central loadings Reach
Hiqhest Point Since 1880
BY the Associated Press.

BY the Associated Press.
NEW YORK, July 22.-New York
Central system cars handled in the
week ended July 10 scared to a new
high for the year and were greater
than any week since 1880.
The increase was 3410 per cent
over the comparable week in 1910
and 2S40 per cent over the previous
week.
Norfolk & Western loadines in
creased 2119 per cent over the 1910
week and were per cent higher
than the preceding week.
Revenue freight cars handled by
railroads reporting for the week
ended July 10 included:
Evening star., 1941-07-22
Dry Goods Market

NEW YORK. July % OP.-Cotton mills
we're, said still to be making efforts to
clarity their positions in relation to the
indications that buyers were seeking mil
hons Of yards Of gray goods, only q light
business was done.
Absence of relief in the tight rayon yarn
situation resulted in. only a small business,
but it involved q wide range or fabrics
Woolen piece goods mills remained re-
luctant to accept orders except on 4
selective basis.
Evening star., 1941-07-22

terday was elect
ed president of
t he $6l 900 900
holding and in
yestment COM
pany.
P. M. Chandler
r e S i g n e d as
president, chair
m a n of t h e
board and a M-
r e ctor in the
corporation, re-
t a in in g h e
pr e S i d ency of
General Water,
Gas & Electric
Evening star., 1941-07-22

Also extra or extras Declared or
paid so far this year. ePaid last year.
Quotations furnished by National Asso-
states they do not necessarily reflect actual
transactions or Arm bids or offers. but
should indicate Approximate prices.
Evening star., 1941-07-22
Kroger Volume
| Up 78 Per Cent
From Year Aqo
BY the Associated Press.

BY the Associated Press.
CINCINNATI, July 22.-Kroger
Grocery e. Baking Co. reported to-
day an 18 per cent gain in sales
for the seventh four-week period
of 194i over the same period in
1910, or s23,3SO,l2l, compared with
sl9,837 Sol.
Cumulative sales amounted to
S155 400 ,685, a 13 per cent increase
over the S137,915 485 for the same
seven periods a year ago.
Evening star., 1941-07-22
Metal Market

NEW YORK July 80 Chopper steady:
electrolytic. spot. Connecticut valley 12 90;
export. fa.s. New York, u .00-l2 90. Tin
5000. Lead steady: spot. New York,
5sh-eo; East st. Louis so. Zinc steady;
pig iron. aluminium. antimony, quicksilver,
platinum. Chinese wolfrsmite snd domes-
tic scheelite UNCHANGED.
Evening star., 1941-07-22

Quotations furnished by National Asso-
states they do not necessarily reflect actual
transactions or frm 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., 1941-07-22
Odd-Lot Dealings
B, The Associated Press.

b. the Associated Press.
The Securities Commission reported to-
day these transactions by customers with
odd-lot dealers or SPECIALISTS on the New
York Stock EXCHANGE for July 21: 3.47O
purchases involving a1,0s0 shares. 3.ps4
sales involving 107.4s3 shares. including
~ short sales involving 1880 shares
Evening star., 1941-07-22
Washington Exchange

SALES.
AFTER CALL.
Capital Traction lst 5s-sl 900 at
l04.
Capital Transit Co.-f00 at 1874, Is
at 15a4,
Evening star., 1941-07-22
Yeager Named Head
OF International
Utilities Corp.
Former G. w. U. Student
Worked With R. F. {.
Here for Time

BY tie Associated Press.
NEW YORK, July 22-William B.
Yeager, 3l-year-old vice president
Of International Utilities Corp, yes
Evening star., 1941-07-22
Investing Companies

NEW YORK, July 90 lP,.-Nationsl Az.
socistion Securities Dealers. Inc:
CLOSING ouotationSO
Evening star., 1941-07-22
London Bar Silver

LONDON July 80 Clp,.-Bar silver 81 I'D.
0rchanged. Equivalent to 42.50 centsD
Evening star., 1941-07-22
Dividends Announced

NEW YORK July 90 Dividends de-
eAared, prepared by Fitch Publishing Co.:
Resumed
Pc Stk OF Pay
Rate riod record able
fsylor -wher Iron&st Soc 7-2s SIS
Extra
VJR Goodwill Station 25e 1-el 40
rallite Tunss Corp loo -- s-15 s-2s
Interim.
e.ninSton Rand 2oc p-1Olo-1
Accumulated.
Am Zinc Ld6ss SIS pf-- Sl25 - 1-2s ST.
Otis stl cv 1st pf 90 1913 $50 o-1b
Evening star., 1941-07-22
Federal Lund Banks

NEW YORK. July % LP-Federal Land
Bank bonds
Evening star., 1941-07-22
CHICAGO Stock Market

CHICAGO July 80 0P.-FoIlowing is
the complete list of transactions on the
Evening star., 1941-07-22
Insurance Stocks

NEW YORK, July -" tP-National A
soclation Securities Dealers, Inc.
Evening star., 1941-07-22
United States Treasury Position

By the Associated Press.
The position Of the Treasury July 10 CON
Evening star., 1941-07-22
BONDS
STOCKS

PUBLIC UTILITY.
Evening star., 1941-07-22
REGULAR.
Short Term Securities

Reported by Smith Barney h CO..
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1941-07-25
ALUMINIUM DRIVE
GETS UNDER WAY

Hamilton people were praised by
C. L. Hardin, general chairman of the
Hamilton Aluminium Recovery Drive,
for the manner in which they are re-
spending to the campaign that started
Monday when the central storage bin
on the High Street steps of the mu-
nicipal building was opened for con-
tributions.
$50 far, the people have contributed
only the kind of scrap aluminium that
we want" he said. "They are not
cluttering up the bin with huge ar
ticles which have only small aluminium
parts"
The aluminium collection depot at
the municipal building includes sew
eral pieces of aluminium, property of
the late James Connolly, Hamilton pa
per machinery manufacturer.
The aluminium, contributed by the
Connolly family, includes aluminium
castings for packing boxes and slit
ters, inventions for paper making ma
chinery.
William "Bill" Elzer, custodian at
the municipal building, gets credit for
tossing the first piece of aluminum-
ware into the collection bin.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1941-07-25
American, British Labor Heads
Join in Plea to u. S. Workers
To Rush War Munitions Output
William Green A. F. of L. Pres ent, and George Gibson,
Chairman of British Trades Union Congress- in Joint
Broadcast in Drive for "Aid British Labor" Funds.

of America that the Nazi menace is
peril to liberty the world over.
Knowing and admiring the accom-
plishments of American labor as | do,
and knowing their devotion to liberty,
/ look to them to see to it that while
they preserve liberty and social JUS
tice in the United States they do not
permit it's extinction in the Continent
of Europe"
Green said that many thousands of
dollars have been raised and will be
used to buy food, clothing, mobile
kitchens, bandages and other supplies.
He asked what else was needed. Ex-
pressing gratitude for what the Amer
lean people have done, Gibson in his
turn said:
"But we are in a fight and the
urgent need of England and her Allies
is planes, tanks, ships, guns and mu-
nitions of all kinds. Hitler has as his
bond slaves 300,000,0O0 people on the
Continent to produce for him under
the lash and the rubber truncheon.
The immense reserves of the United
States can play a decisive part i'm
England's efforts to overthrow Hitler" "
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1941-07-25

Washington, D. G. (ILNS).-In a
Joint broadcast with William Green,
president of the American Federation
of Labor, George Gibson, chairman of
the British Trades Union Congress,
urged American workers to rush in
creasing quantities of the implements
of war to help Great Britain defeat
Hitler.
President Green assured Gibson that
every possible effort is being made
to increase American production of
planes, tanks, guns and other war
munitions.
Gibson spoke from Manchester,
England, and Green from Washington.
The broadcast, heard over the NBC
Blue network, was the first of series
marking drive for funds by the
American Labor Committee to Aid
British Labor, of which Green is hon
orary chairman.
Asked by Green whether he had a
special message for American labor,
Gibson said:
81 would like to say to the workers