davidaulloa/AmericanStories huggingface dataset:
Evening star., 1941-05-11
Defense Substitutes
To Leave Consumer
Undisturbed
Business Week Says
Changes Will Have
Slight Effect
p, tht Associated Press,


NEW YORK, May l0.-Civilian
consumption of many strategic
metals has been cut sharply but
that fails to mean that the consumer
will be unable to buy the same
household goods and necessities as
last year, says the magazine Busi-
ness Week.
Under the conservation section of
the o. P. M. consumers industries
have been concentrating on finding
substitute materials to replace the
aluminium, zinc, tin and copper in
the goods the average American
buys, says the publication.
Big Savings Made.
Little things make the difference
One company has found that by
using enameled steel for the eyelets
in athletic shoes it can save 700
pounds of aluminium year.
Some washing machine manu-
facturers will make agitators out of
plastics and one company estimates
that will save 100000 pounds of
aluminium year.
Another company manufacturing
consumer products says it will save
nearly 100000 pounds of aluminium,
100000 pounds of zinc. 41,000
pounds of brass, $4,000 pounds of
copper, $4,000 pounds of nickel, Is
$50 pounds of chromium and 1000
pounds of rubber.
Few Prices Boosted.
What such substitutes do to costs
has been carefully worked out by
a mail order house on a series of
43 heavy household articles, says
the magazine. On 10 of these, the
costs were boosted. For Is, the price
was not changed by the shift to a
substitute material, and on 18 items
costs were lowered.
The conservation section of the
o. P. M. acts as a clearing house of
information for manufacturers who
want to find substitute material.
for manufacturers who believe that
the materials they make can be
used as substitutes and for the
whole industry which wants some
headquarters to which it can turn
for information and advice.
Evening star., 1941-05-11
Stocks Extend
Rise Fractions
To 81 OR More
Best Saturday Rally
In 6 Months Follows
Early Hesitoncy
What Stocks Did
BY BERNARD S. O'HARA,
Associated Press Financial Writer.


NEW YORK, May 10.-Stocks
reversed their usual week end
tactics in today's stock market and
accentuated recent recoveries with
the best Saturday rally in six
months.
The list was hesitant for a while
In the brief session but siZable bids
soon began to come in. for motors,
steels, coppers, rails, oils and special
ties and closing gains ranged from
fractions to more than points.
The market had been down or
unchanged on average in the pre-
ceding three sessions after its Tues
days bulge and brokers thought
today'S comeback was due partly to
the theory selling had been over
done. In addition. the British bomb
ing burst against Rhine cities
helped sentiment and business news
was viewed as better than ordinary.
Dealings gained momentum in the
final hour and transfers of TITO
shares compared with l97,750 a week
ago and were the largest for a
tWo-hour stretch since February Is.
Average Up Sharply.
The Associated Press average of
60 stocks was up a of a point at
402 biggest upturn for a short
session since November 8. On the
week the composite registered a net
advance of 8 of point.
On the bullish side were predic-
tions of brisk increase in next
weeks steel mill operations, reports
automobile buying was deluging
manufacturers despite record break
ing output of new cars, rapidly ex-
panding demand for copper, oil and
gasoline and Indications railways
were confronted by prospects of the
sharpest traffic upswing in several
years.
Stocks well in front at the finish
were Chrysler, General Motors,
United States Steel, Bethlehem,
Anaconda. American Smelling.
Phelps Dodge, Santa Fe. Great
Northern, Baltimore & Ohio. Nickel
Plate preferred, Budd Mfg. preferred,
Westinghouse, Western Union,
Douglas Aircraft, United States
Rubber, New York Shipbuilding,
Eastman Kodak and Union Carbide.
Pure Oil and Ohio Oil were lively
performers, edging into new high
ground for the year.
Curb Prices Improve.
The direction was upward in the
curb for such issues as New Jersey
Zinc, Creole Petroleum, Electric
Bond & Share and Glen Alden Coal.
Volume here was around 47.OOO
shares versus 41,0O0 last Saturday.
The "big board" started the week
with "do-nothing' policy, as little
inspiration could be found in foreign
or domestic developments. Soaring
commodities, however, touched off
the weeks best advance Tuesday on
a turnover of just under 100000
shares. Prices slipped Wednesday
and Thursday as profits were cashed
and the war picture turned a bit
cloudier. Steadier tendencies were
exhibited Friday but definite trends
were lacking.
Evening star., 1941-05-11

Pointing to record results achieved
by the Acacia Mutual Life Insur-
ance Co. in the first four months Of
this year, President William Mont
gomery reported yesterday that in
surance in force reached new peak
on April 80 when it stood at more
than $427 315,000, as contrasted with
S413.131 900 on the same date year
ago.
From January to the end of April
Acacia placed $12. 2.196,247 new busi-
ness, against SO ,992 $50 in the like
period a year ago, an increase of
more than % per cent. Assets also
reached a record level on April 80,
when they amounted to SOS. 5.750 900,
up S2,050,000 over December 81,
1910.
First mortgage loans Ia the
Evening star., 1941-05-11
Cotton Prices jump
ST More 10 New
.4-Year Highs
Extreme Gains Reduced
To 20 to IS Cents
Before Close
By the Associated Press.

NEW YORK, May 10-Cotton
futures gained another 81 bale
today, chalking up new four-year
highs on New York quotation
boards.
Extreme gains failed to hold. how
ever. and closing quotations were 20
to IS cents bale above Fridays
last prices.
Traders reported selling well
taken, however, with Bombay in
terests adding to accounts.
Promise of congressional action
hiking the cotton parity loan from
the current average of 942 cents a
pound to between II and 13 cents
or more still was held the prime
force behind generally rising staple
values.
Sales in the Worth Street gray
goods market of print cloth yarn
goods the past week were reported
to total around 75.OOOO0O to 100000
600 yards. or about 300 per cent of
current production.
Prices on some Of the more
popular numbers were marked up
as much as cent a yard.
No exports Friday; season so far
9O9. Sol. Port receipts, 9,945. Port
stocks. 1856 ,745.
Range follows.
Evening star., 1941-05-11
March Foreign Trade
HIGHEST in More
Than a Year
Shipments to British
And Lutin America
Swell Volume
BY the Associated Press.

By the Associated Press.
A sharp increase in shipments to
British Empire and Latin American
countries, the Commerce Depart
ment said yesterday, helped push
United States Foreign Export Trade
during March to 1857 900 900, the
highest total in more than a year.
Exports to British Empire coun-
tries and Egypt totaled 5000 900,
a gain of $44,0O000O over February
and the highest figure for such
shipments since the outbreak of the
European war in September, 1899.
Shipments to the United Kingdom
were valued at S95 100000 in March,
an increase of s18.000,000. while
shipments to British regions in
Africa and Egypt. and to British
India gained a total of s1s,000,000
over the previous month.
Business with Latin American
republics and neighboring Euro
pean colonies increased by 10 per
cent to s74.000,000 and were the
largest for any month except De-
cember, 1889, since the outbreak of
the war
Trade With Orient Says.
Trade with the Far East dropped
off, however. Exports to Russia fell
to S4200.000 in March, compared
with S9,700,O00 in February. Ship
ments to China totaled $8900,000, a
decline of s2.5Oo,0O0. and those to
Japan declined by s1,0OO. 900 to s10,-
100000.
March imports amounted to $685.
100000 and were the highest in
nearly four years. The department
said this was due largely to pur-
chases in Latin America, British
Empire countries and the Neither
lands Indies.
Import Gains Reported.
Gains over February imports were
noted particularly from Russia,
China, Japan and Turkey, in addi-
ton to an increase of 1000 900 to
s122 0000 in the value of imports
from British Empire countries and
Egypt.
An important portion of these
latter purchases were rubber and
tin from British Malaga, which sold
the United States a total of S35.-
100000. Purchases from Australia.
mostly wool. amounted to S13,-
100000, gain of S5200.000.
Imports from Latin American
countries increased by 4 per cent
over February to S85 900 900.
Comparisons Given.
Comparisons of March foreign
trade, by continents and principal
trading nations, follow: Figures in
thousands of dollars, 900 omitted:
Evening star., 1941-05-11
Chicago Produce

CHICAGO. May 10 LP'.-Butter. receipts,
1,OS9Sl2: steady; creamery, 90 score. 1894.
Eggs. receipts, 36,o33; firm; dirtles'
1S34: storage packed extras. % =; hrStS,
23l4: others unchanged.
Potatoes. arrivals, So; on track, 215;
total U. S. shipments, a16. Old stock,
supply moderate; Idaho Russets. best quail
lty. demand fair. market firm: Western and
Northern Triumphs. best. quality; demand
demand light, steady: Idaho. Russet Bur
banks. U. s. No. /, best, $3.50; late Fri
day. car. lao; Nebraska, Bliss Triumphs,
U s. No /. washed few. .95-2 90; Minne-
sofa and North Dakota, Red River Valley
section. Cobblers, 1875 per cent U. S. No:
/ quality, 65-1O: Bliss Triumphs. good
quality, unwashed, lis. New stock. sup
plies moderate. demand moderate. slightly
weaker: California, 100-pound sacks. long
whites, U, S. No. ]. washed, 2.05-20: mostly
2.10-15: 5O-pound sacks, ] 10: Alabama,
10O-pound sacks and few 5O-pound sacks.
hundredweieht. 1880: mostly 2.4O-50;
unwashed, 2.2540.
Evening star., 1941-05-11
Credit Men to Hear
Financial Analyst

Roy A. Foulke, of New York, man
ager of the specialized report de-
partment of Dun & Bradstreet. will
address the Washington Association
of Credit Men. Tuesday noon in the
Woodward & Lothrop Tea Room, on
THE Balance Sheet of the Future. ="
He will present the result Of a
survey made among 5000 bankers,
accountants, credit men and finan-
cial executives.
Evening star., 1941-05-11

president, was also made secretary;
Richmond H. Gibson was chosen
treasurer, in addition to his position
of assistant secretary; Hyla R.
Smith. assistant treasurer, and Will
liam K. Copenhaver, attorney.
Mr.. Jones. the new secretary, is a
director in the Suburban National
Bank, The directors paid special
tribute to Mr.. Crittenden, the new
chairman.
Bridges Wins Essay Honors.
James F. Bridges, Riggs National
Bank, won first prize in the 1941
essay contest sponsored by the Dis
trict Bankers Association for men,
Evening star., 1941-05-11

bers of Wash
ington Chapter,
American InStl-
tute of Banking,
President A. M.
McLachlen an
n ounc e d last
night.
Frank lin A.
Gibbons, jr., also
of Riggs Ma
tional, carried
off second hon.
ors, while Her
bert c. Lightfoot
of the American
Security & Trust
Co. took third
Evening star., 1941-05-11

prize. All three wrote on the Suo-
iect, "Banking's Role in National
Defense"
MIR. Bridges won third place last
wear and the year before. He is
manager of the analysis depart
ment at Riggs National, where he
has been employed more than ID
years. He is chairman of the Gus
toner Relations Council.
The Judges were William B. Will
lard, Willard G. Barker, H. T. Bis
selle, Rutherford j. Dooley and
Hans w. Ireland.
Conference to Draw 700.
Every one of the % building and
loan associations doing business in
Washington will send one or more
delegates to the 18th annual con-
ference of the Southeastern Group,
United States Savings and Loan
League, in Baltimore, Wednesday,
Thursday and Friday, it was an
nounced yesterday by William H.
Dyer, group director, who is as
sistant secretary of the Perpetual
Building Association. Word from
IL Southeastern States indicates an
attendance of around 700.
Among the speakers will be Paul
Endicott, national president, from
Pomona, Calf; Morton Bodfish
of Chicago, and Maj. D. N. Haus-
man, War Department authority on
housing needs.
Gov. Herbert O'Conor,, of Mary
day, as will several other digni-
taries.
Holders Would Retain Stocks.
Involvement of the United States
in the war as an active belligerent
would not cause dumping of stocks
IN the market, according to a poll
of clients taken in the Offices of
Fenner e. Beane, New York Stock
Exchange firm.
Seventy-eight per cent of the
customers who were asked what
they would do, replied that they
would not sell, the Washington
Office reported yesterday. In this
territory 80 per cent said they
would not sell.
Snyder Wins National HOnOrS.
John H. Snyder, representative of
the Theodore w. Cook agency of
the National Life Insurance Co. of
Montpelier, VT, ranked second
among several hundred agents of the
company in the amount of life in
surance sold in April, it wa3 re-
ported yesterday from the head
office.
Mr.. Snyder is a former president
of the District Life Underwriters
Association, is a director in the
Firemen's Insurance Co., and has
been an active insurance man in
Washington over 80 years.
Linn to Address Accountants.
Arthur j. Linn, controller of the
Hamilton National Bank, will
address Washington Chapter, Ma
tional Association of Cost Account
ants, on statement Analysis for
Credit Purposes" next Wednesday
evening at the Hamilton Hotel.
J. Damn Faber, an examiner of
tllc T cOcl dl bcEOSlt 1llSul dllCc SOlp.,
has been selected as technical chair
man to lead the usual discussion.
Financial District Comment.
The official staff of Peoples Drug
Stores, Inc, including DR.. M. G..
Gibbs, will be honored at the
monthly meeting of Washington
Sales Representatives Association,
Tuesday noon at the Lafayette
Hotel.
Ayers Du Bois, expert appraiser,
will address Washington Chapter,
Society of Residential Appraisers,
Tuesday evening at the Raleigh
Hotel. on Mechanics of Capital
ization.'
Oliver Wendell Holmes, chief of
the Division of Interior, National
Archives, addressed the monthly
meeting of the Auditors Section
of the District Bankers Association
at the Lee Sheraton Hotel, on
Handling of Records In the Ma
Gonal Archives"
Evening star., 1941-05-11
Stock Seat Price
Climbs $1,000
To $4,000
By tbt Associated Press.

BY The Associated Press.
NEW YORK, May 10.-Arrange-
ments for the sale of two seats on
the New York Stock Exchange for
$4,000 each. up $1,000 from three
recent transfers at $40 1000. a 43-year
low. were announced today. The
l94l high was transfer in January
at $35,00o.
Evening star., 1941-05-11
BY the Associated Press.


NEW YORK, May 10-Cotton
textiles came briskly to the fore this
week as buyers stepped up demands
for print cloths, and other fabrics.
AS prices on popular print and
broadcloth items advanced as much
as 4 to 1. cent yard, deliveries
prior to October became increasingly
tight, and premiums of an additional
Is cent were paid for spot shipments.
Goods moved well at full asking
prices for delivery through the end
of the current year. Worth Street
heard that in some of the industrial
buying. sellers were questioned about
the availability of materials for the
first quarter of 1912.
A feature of the rayon goods mar
ket was the rapldity with which COM
bination yarn fabrics were sold for
Evening star., 1941-05-11

service as Secre-
tary and treas
urer, it was an
bounced yester-
day. At the same
time, Edgar V.
Crittenden, for
m a ny ye a 7 S
president, W a S
made chairman
of the board.
VILLA m S.
DeWhirSt was re-
elected vice pres
ident, and r. l..
Houston Jones,
who has been
oyocI1tiUa Vi inp
Evening star., 1941-05-11

CHICAGO Cash Market.
Corn. No. i yellow 7a-s3s.: No. ;. 3os.-
54l.: No. 721.-73: No. 4 old. 751a: No.
. white, S074 Oats No. mixed heavy.
white heavy 80: No 3 31l2: heavy, 31la;
No. Z, 37,,,4: sample 36,3-3;; .Soybeans,
No. > yellow 1.3Oss-131: No. 3, .30ss.
Barley. mailing. $3.50, nom; feed 4a-55,
NOM: screenings. 35-45. nom.; No. .,
mailing tough, 66; No. 3. SIS.
Winnipeg Cash Market.
WINNIPEG MAY 10 lP-Cash wheat.
No. l, northern 157s; No =, 1873; No. 3,
"a. Oats. No. 2. white, 31s4; No. 3,
Evening star., 1941-05-11
Colt Elected
Northwestern
Federal Chief
Crittenden Heads
Board of Savings and
Loan Association
BY EDWARD c. STONE.

Directors of the Northwestern
Federal Savings and Loan Associa-
ton have elected Howard S. Gott
president, following his 40 years
Evening star., 1941-05-11
Dividends Announced

NEW YORK, May 1O.-Dividends de-
clsred. prepared by Fitch Publishing Co.
Initial.
Pc Stock of Pay
Rate. riod. record. bile.
Ohio Po 4Laoe pf S1.12i7 - 5-13 6-2
Extra.
Evening star., 1941-05-11
New York Produce
reported by Smith

NEW YORK. May 10 LP,-Dressed poul-
try irregular Fresh and frozen prices un-
changed. Live poultry. by freight and ex-
press nominal; no sales.
Evening star., 1941-05-11
Wool Futures

NEW YORK. May 10 [P-Wool futures
trade today centered principally in grease
futures Spot houses were believed to be
buying grease futures against sale of tops
at about 2S6 points difference. A light
trade demand also was in evidence.
Activity in wool tops was confined to the
October position where selling by spot
interest was taken by trade and commits
sion house accounts.
Grease wool futures closed unchansed TO
Of rent higher
Evening star., 1941-05-11
Capital Securities
(Over the Counter

VOVtT Int { UUnItTT
The following nominal bid and asked
quotations on Washinston securities traded
been assembled for The Star by Washing
ton members of the National Association
of Securities Dealers, Inc.
Evening star., 1941-05-11
Cottonseed Oil.
Ill LA.LHA

C0ttonseed Oil.
Cottonseed oil futures reached new
four-year tops today on persistent local
buying commission house support and
trade hedge lifting The upthrust was a
continuation of yesterdays market action
and was bolstered by frmness in cotton.
lard and other vegetable oils. Weekend
profit taking and selling on technical con-
siderations were readily absorbed Final
prices we're near the day's best levels and
we're IL to Is points higher on sales of
25a contracts May closed 10.45. bid
July. 1850. bid: September l0.51-5S;
October. 1O.59-60; December. h2-63.
Crude oil was firm and generally bid is
higher on the basis of qi2 cents nominal
in all sections of the belt.
Evening star., 1941-05-11

New Orleans Prices.
NEW ORLEANS. May 10 ,P.-Cotton
futures rose to new seasonal righs again
here today on heavy trade Id foreign
buying induced by anticipation of action on
the loan next week. Closing prices were
steady at net advances of 10 to l points.
Evening star., 1941-01-30
Bob Hope May Be Drafted
AS Hollywood's Mayor
He Doesn't Want to Name Streets
Or Launch any Battleships,
But the Plot Is Brewing
BY SHEILAH GRAHAM.


Dorothy Lamour Is the coonels
Whh Will give you some idea Of how she getting
different Hope is movie actor
caught in the
Is the trede gal town. her mouth droops wey between
takes. This my picture
In five months she tells And ., - , - -
Evening star., 1941-01-30
Duncan Sisters Back Again
To Teach Susanna Foster
Favorites of the 2Os Return to Films,
But Primarily to Revive Tune;
Ford May Close Tobacco Road
BY JAY CARMODY,

So they Jealous those stars of yesterday Of those who
Perhaps they but the fact remains that Susanna Foster Para
mount sare taking lessons sisters Vivian and
tcular number which learning
song
Long print. all . - . o -
to eAo0'
Evening star., 1941-01-30

year or so later she obtained her
first real professional engagement,
the feminine lead in a road show of
Preston Sturges' Strictly Dishon-
orable." At the completion of her
tour she was offered the starring
role in THE Modern Virgin" her
first Broadway play
Mr.. Boyer also showed an early
interest in theatricals. During the
Evening star., 1941-01-30

met on the set OF kid From Spain.
But, 1T Was in Caliente," says the
director. Il introduced them. They
danced the rumba." And their
romance began.
would 1t matter" says impish
Oscar Levant on the kiss the Boys
Goodbye" set, IF I walked OF the
set now? I want to hear some
music?" The director seems to
think it would matter very much
Oscar giggles, says, "Okay, now
watch me be elf-conscious. But
he isn't. and this bothers Levant
I'm no longer tense" he complains
land I'm no good when I'm not
tense. But this isn't my racket
And why should torture myself for
pictures?"
"Why not?" asks this writer
You're getting paid for it, aren't
you?"
Yeah, but not much. Besides ]
brought my family out here "a wife
and baby, and we've already eaten
up the profits. My kid is now on
relief"
tReleased BY the North American
Newspaper Alliance, Ine)
Evening star., 1941-01-30
Where and When
Current Theater Attractions
and Time of Showing

Stage.
NationaI"Claudia," q new COM
edy by Rose Franken: $50 pm.
Screen.
Earle-"Virginia," romance in the
new South: II am, 1:30, 4.05, $50
and 9:25 pm. Stage shows: 1855,
$50, 6:15 and $50 pm.
CapitOl-"Second Chorus" musi-
cal frivolity with Fred Astaire and
Burgess Meredith: 1880 am. 1:35,
4:20. 7:O5 and $50 pm Stage shows:
12::40, 3::25, 6:10 and 8:55 pm.
Palace-"Gone With the Wind"
first anniversary showing: $50 am,
1:20, Sis and 9:l0 pm.
Keith's-"Kitty Foyle." Ginger
Rogers as the white collar" girl of
Christopher Morley's novel: 1850
am. 2:15, 4:35, 7 and CPS pm.
Little-"Daybreak,' grim, but fas-
cinating. tale Of murder: IL am.
l2:45, 2:35, 4:2O, sos, 7:55 and GAS
pm
Metropolitan n-"North West
Mounted Police" De Mile adven-
Aure in the Far North: 1915 an,
1925, 2:40. 4:55, ITO and 9:35 pm.
Columbia-"Hudson's Bay" Paul
NUM- founds the fur trade there
11:25 am, 1:3O. $3.50. $50. 7:35 and
9:35 pm.
Trans-Lux - News and shorts
continuous from 10 am.
Evening star., 1941-01-30

aye, IHe lyrics went. JUST Jo<
young to go with boys, just too ole
to play with toys ="
That is virtually perfect descrip.
tion Of Susanna who, at Is, is the
radcap song star Of Paramount
Studios THE Hard-Boiled Canary
Accordingly, the Duncan sisters are
turning the song over to the Para
mount starlet. There being no known
copies of the number in existence
Vivian Duncan is debating it from
memory.
What with the play destined soon
to make its seventh appearance in
Washington, Tobacco Road" is one
more movie by John Ford upon
which to focus attention. Where it
will end up on the list of better
pictures of 1941 is one more of those
things on the lap Of fate, but the
fact remains that insiders at
Twentieth Century-F0x Studios al
ready are touting it as one of the
years most worthy offerings.
The year 1910 ended with Ford
being given three different awards
for The Grapes of Wrath" 1t was
chosen as the finest production of
the year by the Book and Magazine
Guild. The National Board of Re-
view decided it was the most artistic
production of 1910. And, as if that
were not enough, the New York
critics gave it their almost unani-
nous accolade.
Art, thus represented. turns out
not to have been everything. The
Grapes of Wrath rounded out the
year, current accounting shows, as
the third biggest money maker of
the industry Gone With the
Wind and Boom Town" were the
first two.
BY way Of increasing hope for
Tobacco Road there is the fact
that Ford's second picture Of 1910
was on the "best 10" list. The pic
ture in question, of course, was The
Long Voyage Home
Ford, who is known primarily as
an artistic producer, happens to be
a director whose shooting schedules
are among the shortest in Holly
wood. He takes no longer-and
usually he does not take so long
to film his pictures than the time
generally allotted to low budget
production.
But the press representative of
Tobacco Road" makes no mention
Of these things. He does not even
know that the next offering of the
play at the National will be the last.
He thinks that 1t will be.
4 + + X
Statistical department.: When
The Male Animal" opens Monday
night at the National, 1t will be one
year and one month-to the day
after its opening in New York. In
the interval, it chalked up an eight
months stay at the Cort Theater, a
three months success in Chicago
and the other two touring the Mid
west
Among its other significances, the
play brings back to the speaking
stage no less a person than Elliott
Nugent, who has been absent there