davidaulloa/AmericanStories huggingface dataset:
Evening star., 1941-02-05
Houston Forecasts
Flood Of Defense
Business Shortly
A. B. A. Chief Declares
Present Situation
Compares With 1918
ROex
snS.-i@
py the Associated Press.

NEW YORK, Feb. S.-P. D.
Houston, president of the American
Bankers Association, told 500
banking executives at the midWin-
ter trust conference of the associa-
ton yesterday that within the
next four months the defense goods
business will descend upon us as
if in a flood" He added:
Every manufacturing enterprise
should be prepared to handle its
share of this flood. Perhaps there
won't be much profit in it, There
may be a lot of discouraging eX-
perience with red tape, and one
might prefer to go on doing business
as usual exclusively with its usual
customers. but participation in the
defense program is a patriotic duty.
The Nation is engaged in a
huge wartime operation comparable
in scope and size to that of
1878"
Banks are far ahead of the pro-
cession in their preparation for
support Of the national defense
program, Mr.. Houston said.
Carl w. Fenninger, president of
the trust division of the A. B. A..
and vice president of the Provi-
dent Trust Co. of Philadelphia, sug-
gested the broadest possible di-
versification of investment port
folios Of trust funds as the best
protection against postwar eco
nomic uncertainties
The probable lowering of the
standard of living in many of the
countries now at war" Mr.. Fennin-
ger said, and the lower cost of
production which Is likely to occur
will probably present a problem to
American industries which may
mean a somewhat lower standard
of living here and a lower propor-
ton of earnings flowing to the in
vestor"
Evening star., 1941-02-05
Priorities for Steel
To Be Avoided as
Long as Possible
Board Soid to Exert
Production Control
Without Their Use
By the Associated Press.

By the Associated Press.
NEW YORK, Feb. S.-Iron Age
said today the Iron and Steel Com
mittee of the Priorities Board Is
exercising greater control over pro-
duction for defense needs without
yet resorting to mandatory priori-
ties.
The committee has been func-
tioning less than two weeks, the
trade magazine noted, but has al
ready been called on to arrange
for sources of supply and definite
shipping schedules for many de-
fense projects.
Despite adoption of priority rat
ings for machine tools and pros
poets that such controls might
spread, mandatory priorities in
steel will be avoided as long as
possible, the survey declared.
Miscellaneous Buying Problem.
A rush of miscellaneous buying
is giving the industry greater con-
Germ than defense needs, the re-
view continued. Such demand has
filled up mill schedules for three
| to four months and considerable
Juggling is necessary whenever pre-
viously unconsidered defense or
semi-defenSe projects have to be
sandwiched in.
Deliveries on orders in which
the impossible was not demanded
have generally been on schedules"
Iron Age said. "A survey by
leading company of several thou
sand of its commitments disclosed
that shipments were on time in
more than IS per cent of the cases
surveyed.
The rapid pace of steel making
has brought a number of furnace
Shutdowns this week and the
rate for the industry is down to
96 per cent. one point below last
week. While most of the larger
plants are operating at slightly
above or below 100 per cent, some
small steel companies have still to
attain maximum production.
Will Expand if Necessary.
"A better distribution of defense
orders and the re-allocation of some
business now on the books of the
buster mills, as was promised by a
group of steel company executives
after conference with William S.
Knudsen, may bring full utiliza-
ton of existing capacity before
further additions are undertaken.
However, the representatives of the
industry pledged expansion of facil-
tiles wherever they may be found
necessary.
Further efforts of the price stabi-
lization division of the National
Defense Commission to bring about
lower level of scrap prices has
added to the confusion in the trade.
particularly at Pittsburgh. The Iron
Age scrap composite is slightly
lower at S20l7."
Evening star., 1941-02-05
New York Produce

NEW YORK, Feb. LP,.-EsRs. 80 6o2.
steady. Mixed colors: Fancy TO extra fancy.
19l2-21h4: extras, 1914: graded frsts 1Sl2;
current receipts: 17l2; seconds. I7-17A
mediums Il: dirties. No. /, II; average
checks 15s4-16. RefTiserator, standards,
l61a-17: frsts, I6-l6L
Whites: tResales Of premium marks 81 "a
@6): Nearby and Midwestern premium
marks, 21i2-23 specials, Il; standards,
90; (resales Of exchange to fancy heavier
mediums 19l2-22: mediums 1q.
Browns: Nearby and Midwestern fancy
TO extra fancy. 2Oh-42l2: specials. 90;
standards 10: mediums, IS12.
Duck eggs: 21-29
Butter 733.463: steady Creamery
Higher than % score and premium marks
33II-31H: 92 score ,(cash market, 30s.;
ss-91 score, ee12-301a: s4-s7 score 27-29
Cheese. 51s,5s7; quiet. Prices un-
changed
Dressed poultry dull. Fresh and frozen
Live poultry, by freisht, hrmer: strike
continued Chickens. Rocks; 1e;, colortd,
hens. 25; young toms, 90 Ducks l7-1s.
By express. firm an fancy fowls and broil-
ers: Brolers, Rocks, 222-24: crosses. 2I-
% Fowls colored l9i2-@I: Leghorns.
1919. Pullets. Rocks. @5-30 crosses,
2l12-2s; Reds. 24-25. Old roosters, 49,
IA. Turkeys young toms 1921.
Evening star., 1941-02-05
HecIa Mining Co.
Declares Dividend
0f2OCents a Share
Collins and Aikmon
Votes Extra 81 Plus
ascent Payment
Nv the Associated Press.

By the Associated Press.
NEW YORK, Feb. 5.-Directors of
Hecla Mining Co. declared a divi-
dend of 20 cents share, payable
March Is to holders of record Feb
ruary Is. Last year the company
paid 10 cents in March and June,
IS cents in September and rs cents
in December.
Collins d Aikman Corp.
Directors of Collins & Aikman
Corp, makers of upholstery fabrics,
voted an extra dividend OF 81 a
share plus a dividend Of 25 cents,
both payable March l to holders OF
record February 18. Company dis
pursed an extra of $1,75 in February
a year ago. Plants are in Pennsyl-
vania. Rhode Island and North
Carolina.
Brunswick Bake Collender Co.
CHICAGO, Feb. S. (P).-Directors
of Brunswick Bake Collender Co.
voted a common stock dividend OF
so cents a share, payable March Is
TO holders of record March 5. In
1910 the company disbursed 25 cents
a share in March, so cents in June,
81 in September and $l.25 in
December.
Parker Rustproof Co
DETROIT, Feb. IP).-Directors
of Parker Rust Proof Co. authorized
an extra dividend of rs cents a
common share in addition to the
regular quarterly dividend of rs
cents, both payable March l to
holders of record February IS. An
extra of so cents was paid last
November and two extras of 25
cents each were distributed earlier
in 1910.
HARRISON Walker Co.
PITTSBURGH, Feb. 5 iP).-Di-
rectors of HARRISON Walker Refrac-
tories Co. declared a dividend of
3712 cents a share on common
stock, payable March l to holders
of record February 13. In 1910 the
company made payments of 25 cents
each in March, June and August
and so cents in December.
Evening star., 1941-02-05
Labor Board Adopts
ProceduraI Changes
Rejected Once Before
Sweeping Revision Tokes
Powers From Young
Review Attorneys

The National Labor Relations
Board has adopted sweeping pro-
cedural changes designed to speed
cases and eliminate conditions that
previously have given rise to con-
siderable complaint.
One of the most important in
novations will throw greater re-
possibility on trial examiners and
circumscribe the authority of re-
view attorneys. In the past the
board has been criticized for STAFF
flng the review division with young
and inexperienced law school grad
yates who passed on the work of
older and more experienced trial
examiners. Under the new ar
rangement the review attorneys no
longer will report orally to the
board and exercise wide powers
in preparing board opinions. In
stead they will make written case
analyses which the board will COM
pare with the intermediate reports
Of the trial examiners in formulat-
ing its findings. This will attach a
greater degree of Importance to
the examiners reports.
The board also has decentralized
the duties Of the office of executive
secretary, recently vacated by Ma
than Witt. and the functions now
are only those of an ONCE manager
Aanother change creates an ad-
ministrative division to supervise
the work of the % regional Offices.
The division is headed by Garnet
l.. Patterson, a board veteran who
has been regional director in
Chicago.
The board majority a year ago
turned down some of the changes
announced last night. The appoint
ment of DR.. Harry A. Mills as chair.
man. however, made their adoption
possible, but all the new members
were reported in agreement on them
at this time.
Evening star., 1941-02-05
Virginia Franchise Tax
Neurs Record Yield
BY the Associated Press.

BY the Associated Press.
RICHMOND, Va. Feb. 5.-Rev-
enues from the State franchise tax
on railroads and other public service
corporations may reach a new high
this year, surprising last year by
more than 100000, incomplete re-
ports to J. C. Master, first assistant
assessor of the State Corporation
Commission, indicates.
The taxes, which are levied on
gross receipts and reflect increased
business, not any increase in the
rate of the tax, probably will show
an increase of about 100000 from
the railroads, or about 10 per cent.
and about s105, 900 from other public
services corporations. The assess
ments are on 1910 receipts.
The expected increases would boost
the States revenues from the public
service group, including taxes on the
rolling stock of railroads, beyond the
previous high of $4,7l5, ,462.13 in 1927.
Last years collections were $4,465,-
656.
Evening star., 1941-02-05
Ward Baking Reports
Small Loss Against
Profit Year Ago
She'll Union Oil Net
For 1910 Well Ahead
OfResuIts in 1899
BY the Associated Press.

NEW YORK, Feb. 5.-Ward Bak-
ing Co. and subsidiary today re-
ported for 50 weeks ended December
% net loss of $46,745 after Federal
income taxes and special -ofts,
compared with net profit of $203,-
972, equal to 80 cents a share on 7
per cent preferred stock, in the
preceding year. Dividend accumu-
lations on the per cent issue to-
tailed $38 a share as Of December
%. Company operates principally
in the East and Middle West.
Shell Union Oil Co.
Shell Union Oil Corp. in a pre-
liminary report placed net earnings
for 1910 at approximately SIS SOC, 900,
equal to $105 a share on common
stock after preferred dividend re-
quirements. This compared with
S11 1,805,713. or rs cents q common
share, in 1899.
c. l. T. Corp.
Commercial Investment Trust
Corp, a finance company. today re-
ported 1910 combined net earnings
of $15,8O5 ,222 after Federal taxes,
equal after preferred dividend re-
quirements to s4.35 a common share
This compared with s15,715 1859, or
s4.34 common share. in 1889
Federal, State and local taxes to-
tailed $72S7,297, against S5.l76,257
in 1899.
Net volume of business totaled
1925 ,0l6,744, an increase of $3lS,-
633,036.
B. F. Goodrich Co.
B. r. Goodrich Co. reported 194t
consolidated net profit of $6.104 SO;
after provision for Federal income
and other taxes, equal after pre-.
ferred dividend requirements tc
S3.10 a common share, compared
with S6,628,745, or $3.50 a share on
common, in 1899. Federal income
taxes totaled s2,2l5.OOO. an increase
of s1,0l5, 900 over 1889, the company
said.
Noblitt- Sparks, Inc.
Noblitt-SparkS Industries, Inc.
makers of automotive equipment, to.
day reported 1910 net income OF ST..
los, ,855, after Federal income taxes
and provision of S204,518 for exces;
profits tax, equal to s465 a share
compared with sl,0o3,744. or s4.22 g
share in 1889.
Howe Sound Co.
Howe Sound Co. earned net in.
come in 1910 of sl,724,269 including
its interest in subsidiary companie.
and after provision for Federal anc
foreign income and excess profits
taxes, but before depletion This
equaled $3.50 a share and compared
with S2,49l, ,408, or $5.25 a share
in 1899. The Company produces cop
per and other non-ferrous metal;
at mines in Washington, Mexico anc
British Columbia.
BigeIow- Sanford Co.
Bigelow-Sanford Carpet Co. re.
ported 1910 net profit of s2,075.243
after excess profits taxes, equal after
6 per cent preferred dividend re.
quirements. to $6.ll common share
compared with S2.180. .344. or S6.44 /;
share in 1889. Plants are in Am.
sterdam, N. Y, and Thompsonville
Conn.
Evening star., 1941-02-05
Dry Goods Market

NEW YORK Feb 5 lp,-The voolen
piece goods trade was active today coin
cideat with reports that retail sales of
mems clothing were running well above
last year
Rayon acetate blends met sood inquiry
One-way spun flakes were in good de-
mand with tight nearby delivery Situa-
ton in the latter forcing a higher price
trend, Silk piece goods were inactive.
Moderate business was booked in cot
ton goods specialties bv the Industrial
trade. Prices were hrm.
Evening star., 1941-02-05
Financial Barometer

NEW YORK. Feb. R.-A rising trend
of profits for American ship operators
during the coming year was predicted to-
day By Poor's Industry and Investment
Surveys.
tonnage of free shipping has been re-
stricted or immobilized since the outbreak
of the war, Poor's stated. As result. q
larger volume Of business is being diverted
to American bottoms.
Evening star., 1941-02-05
Washington Exchange

Garflnckel com-10 at II.
Potomac Electric Power 5l2 r pfd.-
Is at 1l512.
Lanston Monotype-10 at %.
Terminal Refrigerating & Ware
housing Corp-1O at so.
Washington Gas Light pfd.-s at
1867.
Evening star., 1941-02-05
Pacific Telephone Co.
Must Reodjust Rates
BY the Associated Press.

The Federal Communications
Commission has ordered the Pacific
Telephone & Telegraph Co. and its
subsidiaries today to readjust the
so-called interstate Pacific" scale
of telephone rates by March IS to
conform with other interstate
rates for like services and equal
distances.
Evening star., 1941-02-05
Coffee Futures

NEW YORK, Feb. s P.-SAntos eofiee
March, 7.5O: May, 7.o4; July. ~: Sep
tember, 1856 December, 79s. Rio futures,
15 to l Glover. March. :3Oa: MAY. o.oOa;
July, $40: September, 500. Asked.
Evening star., 1941-02-05
Chicoqo Produce

CHICAGO. Feb. 5 nP,.-Butter. receipts
614,066; steady: 50 score, 20 ss 2sIz;
.her prices UNCHANGED.
Esgs. receipts, 14.023; weak: market
unclaimed.
Poultry, live. ] car. Is trucks springs
under pounds. Plymouth Rock, 20; other
prices unchanged
Evening star., 1941-02-05

Quotations furnished by National Asso-
states they do not necessarily reflect actual
transactions or arm bids or offers. but
should indicate approximate prices end
unless otherwise Indicated are as quoted
By the sponsors or issuers.
mot quoted by sponsors o. issuers.
Evening star., 1941-02-05
London Money Rotes

LONDON. Feb. R.-Money. I Der
cent Discount rates: Snort bills. 1 1-32
per cent; 3-month bills 1-32-1 lis.
Evening star., 1941-02-05
New York Cotton Futures

NEW YORK Feb. 5 R-Cotton futures
opened 1 to 3 lower. March, 1881: May,
1890; July. 1920; october. Q.6s; pecem.
ber, 9.63: January. e.e1a. q Asked
Evening star., 1941-02-05
'Ex dividend


Books closed
fPluS extras e2co extra xS6 90 ex-
ira paid December IS, 1870 $500 ex-
ira. k zoe extra m 81. so extra pS1OO
1940 t ST. 90 paid in 1910. $1,000 extra.
Evening star., 1941-02-05
London Tin Quotations

LONDON. Feb. fp,.-Tin steady. spot
1858 bid, f256 SIS asked; future, 1881 15s
bid. f25S asked
Evening star., 1941-02-05
Investing Companies

NEW YORK. Feb tP,-Nstional As
soc1ation Of Securities Dealers, Inc:
Evening star., 1941-02-02
Bulletin of Current Exhibitions

Gallery of Art Seventeenth York
NWPermanent collection of American paintings and scp
prints exhibition
Artists 10th exhibition Miniature Painters Sculpto
Cravers Society, to February %.
Washington N.W-Water coors by
Mary portraits and figure paintings by Joseph G. Cowe
February
Phillips Gallery Twenty-frst NW-Loan
26 Print rooms by Gaudier- -Brzeska
Gouache distractions by Ralph M Rosenberg to February Gallery
closed February 4-16
Public Library, Eighth and K streets NW.-Indian Art.
Division
Pennen etchngs and other prnmake
original Illustrations photographs of early architecture
Free Gallery of Art the Mall at Twelfth street SWOrienal
paintings sculpture bronze pottery etc. Whistler paintings
prints; Peacock American paintings
Textile Museum 1880 NW-Rugs tapestries and other
textiles of the Near and Far East Open Mondays Wednesdays
Fridays to Admission obtanable
Hewitt Myers 730 Fifteenth street NV.
National Museum Natural History Building
Constitution NWFoyer Water coors
Hagen North lobby Silk stencil prints by so artists through
February
National Museum, Industries Building
Mall at Eighth street SWSeon Of photography architectural
photographs by John Bosp and Thomas Waterman American
annual salon prints during February
Wesley Hall, 1703 street NW-Sees of paintings
ing the history of highways.
Dumbarton Research Library Collection Early
Saturdays 2430 admission
application to secretary, stating day and hour desired
A. Allegations Gallery, Independence
Work by artists of the District of Columbia unit.
Chdrens Gallery addrWok of five talented children
under instruction of District Columbia A. artists
Studio Gallery Washington University 2131
NWExhbon of paintings by Robert Franklin Gates to Feb
ruary 5.
Gallery, o street Nw-Painngs by Edward
Rosenfeld to February Ia.
Daughters of the American Revo
pm. weekdays $50 ANIL Saturdays
through March.
Evening star., 1941-02-02
Maps Are Effective.

A Washington artist, Andrew PiZ-
zini, is responsible for large pro-
portion of the exhibit, including the
maps. These are similar, being of
the same size and color scheme, of
several browns and blues. One map
represents the Smithsonian eXplor-
alton, the other its study, and the
figures in the respective legends are
a young explorer in 18th century
costume and a medieval scholar.
Despite their similarity, the western
wall map exploration is the better
from the aesthetic standpoint, be-
cause of the more balanced arrange
ment Of decorative elements, a Span
ish g2lleon. a sea monster and other
items. However. both maps are ef-
fective IS decorations, and also as
demonstrations; each has clusters of
yei-CH Cots representing places the
Smithsonian has explored and in
which it has distributed the results
of its studies.
Mr.. PizZini is also responsible for
the decorative map illustrating va
rie5ieS of Indian Cultures" and II
little water-color paintings in the
same exhibit; for is similar paint
ings setting forth the scope of ac-
Evening star., 1941-02-02

tivities of the Smithsonian, and q
large chart in oils, of the organiZa-
ton and its branches. Still other
paintings by this artist are back
ground scenes for small models (pre-
historic man, etc. and a family tree
of the human race. each branch of
which ends in an Illuminated niche
containing a famous skull (cast)-
Java ape man, Neanderthal man,
Cro-magnon and various modern
types.
Mr. Pizzini, native of Richmond,
Va, has long been identified with
Washington. He attended the Cor
coran School of Art for two years
and studied sculpture under Clara
Hill and stained glass under Charles
Connick.
Another artist on the Smithson-
ian staff, E. G. Cassidy, painted an
Eskimo scene and a large chart of
the Tree Of Life" containing mi
mute studies of birds, insects, flowers,
etc.
Aesthetic aspects in the KEY Ex-
hlblt are subordinated to the insti-
tution's emphasis on the fact that
1t Is not merely an aggregation of
museums, but that it carries on
research and exploration in many
fields. Nevertheless. art has had a
dominant role in setting forth these
facts for the enlightenment of the
public.
Evening star., 1941-02-02

the general mobilization of the mind
without which our democratic cul-
ture cannot survive. Only in the
Western Hemisphere are museums
able to function today and it is the
recognition of the trustees of their
new and deeper obligations which
has prompted this decision"
PAY days" were originally estab-
hshed by art museums, not with
primarily, the hope of profit, but
rather to limit attendance at such
times as needful for greater service
to students-but more still to copy
lists, Of which in the old days there
were a considerable number. When
the CorCoran Gallery of Art was
founded there we're few art schools
in the country and practically none
here in Washington. Those who de-
sired to learn to paint were urged
to copy the works Of the masters
in this and other galleries-and as
the number of these here became
considerable, Mr.. Andrews, who was
then we'll established as a painter
OF portraits, volunteered to give the
copyists advice and criticisms, which
he did without pay, and greatly to
the advantage of the student copy
lists.
This was by no means a bad way
to learn-nor was it a new way, for
many Of the great masters of the
past had taken it, travelling far for
the privilege. but with the Develop
ment of schools the practice of copy
ing in galleries largely fell into dis
use. No longer 90 the copyists need
the protection from curious visitors
which the admission fee provided
On the other hand, the fact that
a fee of 25 cents should have kept
any number of people from visit
ing an art museum with all it has to
offer in enjoyment, is, in itself, a
rather sad commentary on the value
the people in America put on art
and art of the very best.
Evening star., 1941-02-02

of Indian Shops at Gay Head
doubtless MarthaS yineyarO
which has charm of color if not Of
composition, but does not manifest
the artists exceptional gift and
skill as does her painting of the
Luxembourg Gardens, Paris, by
which she is also represented.
Mitchell Jameson, who is best
known for mis- water colors, won
the Thomas Saltz prize for figure
painting by very elaborate COM
position. The Firing Squad" which,
while we'll composed, is rather
clumsily rendered, little sugges-
tive of Daumier's Uprising" in
intent but falling for short in
reality. While purposely very dra-
matic-as, for example, is Kipling's
Danny Deever"-it fails to stir the
emotions. hence fails of achieve
ment. To keep such a subject from
becoming a mere illustration-and
poor at that's a task which. al
most from its inception, is doomed
to failure.
1t is interesting to note that,
whereas the tendency of the pres
eEt-day school is to decry emphasis
on subject, tne illustrative picture
is more common in the current eX-
hibitions than for many years. To
this exhibition, Carl Nyquist has
sent a painting of a group of work
men reading or listening to a war
bulletin" and a second canvas pic
turing four women and as many
/ babies on the piazza of country
cabin, a dreary group, graphically
set forth.
Ann Keebler's Negro Funeral,
in which the deceased is seen as
cending not the golden, but we'll
carpeted, stairs as spiritual rev.
elation, is almost in class by itself,
having only as a rival Her Ro-
nance" by Jeanne Begien, in which
one sees the equestrian figure of a
lover-cowboy or soldier-revealed
in a rainbow to a demure maiden
riding horseback along a rather
dreary road.
Circuses, with their gay red and
/ yellow tents, are to the fore, and
there is a life-size head of clown,
by Donald Coale, which, while some
what reminiscent of the work OF
Evening star., 1941-02-02
Opening Is Announced
National Gallery of Art
To Be Dedicated March IL

The long anticipated announce
ment of the opening of the National
Gallery of Art has at last teen
officially made by the trustees. The
dedication ceremonies will take place
on the evening of Monday, March
II, and on the following day the
building will be opened to the public.
This superb building was erected
by the trustees Of the A. w. Melon
Educational and Charitable T'ust
with funds given by the late Andrew
w. Mellon, and the paintings and
sculpture which will be on view as
soon 9s it is opened will be those
assembled and given by Mr.. Mellon
Samuel KresS and few others all
of which are supreme works Of art.