davidaulloa/AmericanStories huggingface dataset:
Evening star., 1941-08-21
Aluminium Co. Plans
0utstrip German
Output Soon
Approval Of $52, ,000, 900
Expansion Program
Clears Way ,
BY MARBEN GRAHAM,

Associated Press Business Writer.
PITTSBURGH, Aug. 21.-The
Aluminium Co. of America, stepping
up its effort for national defense,
with the aid of $4,000, 600 worth
of new plants just allowed it by
the Government expects to be out
producing Germany within a short
time.
Disclosing the company's employ
men has jumped from $4,000 when
the emergency period began to 50,-
600 now and that its production will
be increased from the present 760,-
5000 pounds year to 1,100, ,0o0, 900
spokesman said today:
Our only bottleneck now Is lack
Of power and ships to bring bauxite
aluminium ore) from South Amer
ica."
Louis Marlio, economist of the
Brookings Institution, estimated
some time ago that Americas pro-
Jected aluminium output of 1,600,-
000000 pounds year will give the
Anglo-American nations twice the
capacity of Germany and the coun-
tries 1t now controls. Alcoa's alone
would equal Germany's, it was said.
Prices Are Reduced.
Announcement the Government
had obtained a two cents a pound
cut in aluminium prices in connec-
ton with a s100,900,000 program to
expand production of the metal for
airplanes was made in Washington
yesterday by Jesse H. Jones, Federal
loan administrator.
The reduction, bringing the price
OF raw. aluminium from II cents to
Is cents q pound ane cutting all
other types of metal at least two
cents pound, will save the Gov
ernment about s15,000,0 annually,
Jones estimated. 49,
The price cut is the fourth in
lS months, prior to which alumni
mum sold for 20 cents d pound. That
compared to So a. pound and pro-
duction capacity of 5000 pounds so
years ago when the company was
organized under Alfred E. Hunt,
father of the present president, Roy
A. Hunt Arthur v. Davis, now
board chairman, was associated with
the elder Hunt.
The company spokesman said
about one-half of the bauxite now
being used has been imported, the
Evening star., 1941-08-21

company conserving its biggest do
mestic supply in Arkansas as re-
serve in event of bigger emergency.
He estimated there was enough in
Arkansas to supply the company for
eight years.
Several Months Saved.
BY moving ahead with plans for
new plants while they were still
under consideration, the company
estimates it has saved several
months time. Under contract ar
rangements by Davis and Jones, the
Government will build and own new
plants, giving Alcoa Is per cent of
profits, which Jones termed "a low
fee" He estimated it will require
II to Is months to complete the
plants.
Exact sites of new plants have not
been decided, but the company will
build one in Arkansas to make AGO.
000,0 900 pounds of alumina, an inter-
mediate product in conversion of
bauxite into aluminium, and three
smelling plants, one at Massena,
N. Y, capacity 150,000,000 pounds;
another near Bonneville Dam, Port
land, Greg, 90,000,000 pounds, and
one in Arkansas of 100000 900
pounds.
In addition, Jones said he was
negotiating to finance construction
of a 100000, ,000-pound capacity for
Reynolds Metals Co. and 10000, 900
pounds for other aluminium manu-
facturers. Reynolds mills will be in
Alabama and the Bonneville Dam
area.
Evening star., 1941-08-21
Oil Experts Study
Gasoline Ration
Plans for East
Limit as Low as Five
GuIIons q Week Is
Reported Discussed
By the Associated Press.

By the Associated Press,
NEW YORK, Aug. 21.-The East
ern Petroleum Marketing Board, a
group of oil company experts acting
as Government advisers, met today
in private session to discuss the pros
poets for gasoline rationing on the
Eastern seaboard.
The stringencies of the develop
ing gasoline shortage, brought about
by transfer of coastal tankers to
Great Britain. were pointed up yes
terday by Ralph K. Davies, deputy
petroleum co-ordinator, who an
nounced in Washington that only 10
days reserve supplies remained in
the East.
Although no official word emanat-
ed from the Marketing Board meet
ing, it was rumored that the discus
sion had touched on the possibility
of a rationing system which might
limit automobile owners to as little
as five gallons a week for each
pleasure car.
The board had before it figures
Evening star., 1941-08-21

from the American Petroleum In
stitute saying gasoline stocks on the
East Coast amounted to 20,793. 900
barrels last week end, a drop of
893 900 barrels from the previous
week.
Some oil men said present Eastern
demands for gasoline were running
about 10000 barrels a day greater
than the supply and that no relief
was in sight.
Ordinarily, the East consumes
about 100000 barrels OF gasoline a
day, and on this basis, the present
gasoline stock would appear to be
enough for "a days. But Davies
asserted that IA 900, 900 barrels of the
East Coast supply represented work
ing stocks" not available for sale.
leaving less than 1000 900 barrels of
gasoline for automobile and other
use.
Evening star., 1941-08-21
Net Of Pan American
Petroleum Equals
40 Cents a Share
June Quarters Result
Compares With IS
Cents Yeor Ago
BY the Associated Press.

BY the Associated Press.
NEW YORK, Aug. 21.-Pan
American Petroleum & Transport
Co. and subsidiaries today reported
net profit for the June quarer OF
81, ,89s ,555, or 40 cents share, COM
pared with 81 ,652, ,006. or IS cents
share, in the like 1910 quarter.
Colgate Palmolive.
Observation-Disclosures Co. re-
ported for the first half of 194l profit
of s2635,05l. equal to s1.21 share
on the common stock, compared
with s1,278,23O, or As cents a share,
in the first half of 1910.
The figures for the latest period
were after setting aside a total Of
$4,000 900 for taxes and S500,000 for
possible future inventory losses.
Agricultural Chemical.
American Agricultural Chemical
Co., for the fiscal year ended June
80, 1941, reported net profit of
$l,121,873 after. charges and pro-
vision for taxes based on present
proposed rates, equal to sl.79 a COM
mon share.
In the preceding fiscal year the
company reported net income Of
S908 SOB, or $l45 a common share.
Farnsworth Television.
Farnsworth Television g. Radio
Corp. reported it cut its net loss to
S181,857 in the fiscal year ended
April 80 from s749,74l in the pre-
ceding year.
Sales rose to s5,165, ,905 from
s2922,576, while orders on file in
creased to about 100000 from
S550,46
Shipments rose about one-third
to $1,000 900 in the first quarter
of the current fiscal year. with
nearly a third Of the company's
current production going to defense
equipment.
Pepperell Manufacturing.
Pepperell Manufacturing Co. re-
ported a net income, after provision
for Federal and State taxes, of
$2,368,543 for the fiscal year ended
June so, as compared with 1,121 sos
in the previous fiscal year.
Nickel Plate.
The Nickel Plate Railroad an
nounced July net income of Sill ,492,
against $139,969 the same 1910
month. This brought the seven
month net to s5,024,156, against only
$685., 1853.
South American Gold.
South American Gold e. Platinum
Co. and subsidiaries reported net
profit for the six months ended
June 80 of s417,152 after provision
for U. S. and Colombian income
taxes, equal to % cents a share,
compared with $239 ,69l, or l3 cents
a share, in the first half of 1910.
Evening star., 1941-08-21

July tea imports at IL ,294, 800 pounds
were the largest for any single
month in six and one-haf years and
more than double the volume for
July a year ago. 1t is indicated i'm
ports from Java, Sumatra, Ceylon
and India will be increased to make
up supplies formerly brought here
by japanese interests.
Increases of 8 to 10 per cent in
prices of mems suits and overcoats
in the $2l to $50 range at clothing
stores are expected for the autumn.
New mark-ups in lamps to cover
increased materials costs this week
may put retail prices of table lamps
20 to Is per cent above last year
and OF floor lamps Is to 30 per cent
higher.
The Opacs hasn't decided yet
whether a ceiling will be needed
this winter on anthracite coal prices.
Sales Of fur coats are double a
year ago in many northern cities
fear of higher prices later on is one
factor behind increased fur turn
over.
Toy Record Expected.
A record-breaking toy business,
with the largest sales of dolls in his
tory, is expected this Christmas sea-
son.
The war abroad is being reflected
in new toy styles. Ready for the
market among other things is a "V
for victory" lion, made of stuffed
material, which roars when it rolls
over. 1t has saddle blanket on its
back bearing big letter "V". Also
prepared for Christmas counters are
army and navy boy dolls, dressed
in service uniforms, who whistle and
tap out three dots and a dash
with their feet. Inspired by the war
in China is a Chinese girl doll with
a toy doll in her arms which is an
exact miniature replica of herself
Vice President B. F.. Michtom, of
the Ideal Novelty & Toy Co., one
of the largest doll producers in the
Nation and maker of the "V for VIC
tory" lion, said today his company
is preparing for the biggest volume
of plastic doll business in history.
His company's plastic doll sales
this season, he estimated, would run
sharply ahead of the record Shirley
Temple doll business In 1885, when
out Of q $2,500, 900 gross business, ths
Temple doll accounted for 81 500 900
Evening star., 1941-08-21
S40,000,000 Issues
Offered for Standard
OF California
Dillon, Reud & Co. Heads
Syndicate Marketing
Debentures and Notes

Ev TIE Associated Press.
NEW YORK, Aug. 21-Public
offering was made today of two
separate issues of securities Of
Standard Oil Co. of California ag-
gregating $40,000,000.
The largest price, s25,000,00 Of
24 per cent debentures were priced
at 1929 and interest and 5000, 900
in serial notes, bearing interest
coupons from LOS to 220 per cent
were priced at 99%.
A group of 38 underwriters headed
by Dillon, Read e. Co. made the
offering.
Proceeds will be used to retire
S25 100000 of outstanding INSTALL
ment notes and for general cor
porate purposes.
Evening star., 1941-08-21
Steel Shortage Threatens
Pacific Coast Firms
By the Associated Press.

BY the Associated Press.
SAN FRANCISCO, Aug. 21.-In-
ability to get steel for manufacture
of civilian goods may force many
ong-established Pacific Coast firms
out of business, Don Partridge, as
sociate editor of the magazine Steel
said today.
Priorities have turned the material
over to defense producers.
Shortage of scrap threatened to
crimp open-hearth operations. Yard
stocks diminished rapidly as the in
flow slackened.
Contract awards for shipbuilding
for last week alone lowered far
over the entire bookings of plate
steel in 1910 up, to this date. Last
weeks plate orders totaled 73,026
tons on the Coast, compared with
54,907 for the seven-and-one- half
months last year. To date, plate
steel orders this year ran up to
497, 1874 tons. Orders of other con-
struction iron and steel items ran
heavy last week, but were dwarfed
by the plate steel contracts.
Evening star., 1941-08-21
Increase Predicted
lin Crude Oil Needs
For September
Mines Bureau Estimate
10000 BorreIs a Day
Above August
By the Associated Press.


The Bureau of Mines today FORE
cast the September market demand
for domestic crude oil at 118,80O 900
barrels, or 100000 barrels daily.
This was 10000 barrels higher
than the estimated daily demand
for August and 7 per cent above
the actual demand in September,
1910.
The bureau estimated September
crude oil exports at 100000 barrels,
against actual exports of 4,260 900
In September last year.
Domestic demand for motor fuel
next month was estimated at ST.
100000 barrels, an increase of 10
per cent over the actual demand
in the same month of 1910. .
Estimated daily average crude oil
demand Tin barrels) by States:
Evening star., 1941-08-21
In the Business World
Rubber Imports Rise .os Consumption Drops;
Silk Supply Adequate for Long War
BY PAUL GESNER and JOHN BECKLEY.
CThe Stars Special News servce)

supply reported salts
factory the
highly pleased gross imports
which topped those of June
On the other hand rejecting the
domestic rubber consumption July declined
304 rubber
the trade is forecang that
monthly throughout
for the industry today said
Evening star., 1941-08-21
Dry Goods Market

NEW YORK. Aug. 81 GP.-Indication,
OF higher prices for woolens and worsteds
as result of the increased wage seal,
stimulated demand for piece goods. Buyer,
are attempting to cover commitments al
fully as possible around current levels.
Inquiry for gray goods was less insisten'
today. and whenever materials appear for
sale full ceiling prices were quickly paid
Rayon piece goods traders awaited &C.
with yarn shortage still a problem TO
weayers.
Evening star., 1941-08-21
| Union Pacific
| Declares $3.50
On Common
Rs the Associated Press.

By tne ASSOCIdCeu PreSS.
NEW YORK, Aug. 21.-The Board
Of Directors of Union Pacific Rail-
road Co. today declared a s15C
dividend on common stock, payable
October l to holders of record
September Q. Similar amounts were
paid in previous quarters.
For the seven months ended July
81 Union Pacific had net income
Of S7,957 905, equal after dividend
requirements on the preferred
stock to S2.53 a share on the COM
mon. This compared with $4,771,.
49l or $1.l0 a common share in the
first seven months last year.
Evening star., 1941-08-21
otals 100000
90 100000

The Mines Bureau said daily crude
production and total runs to stills
during the four weeks, July IL to
August 9, were 3,788 900 and $780,
900 barrels, respectively. During this
period domestic stocks declined an
average of $4,000 barrels daily, in
dicating a demand for domestic
crude of $4,000 barrels daily.
Evening star., 1941-08-21
Johns s-ManviIIe Corn.
To Redeem $4,000
Preferred Shares
Company Will Retire
J Per Cent Issue at
$l20 q Shore
Ry the Associated Press.

NEW YORK. Aug. 2l.-Directors
Of Johns-Manville Corp, makers of
building supplies, today authorized
the redemption by lot of $4,000 of
the presently outstanding $4,000
shares of per cent preferred stock
at S120 a share.
OF the originally issued $4,000
shares, $500 were called ON April
], 1910, and 1880 on January !, 1941.
In announcing the action, Lewis H.
Brown, president, said: This action
is taken pursuant to the previously
announced policy of the directors
to redeem the preferred stock from
time to time whenever financial con-
ditions and general economic condi-
tions indicate such action is desir-
able"
Evening star., 1941-08-21

Also extra or extras.
Declared or paid so far this year.
e Paid last year
Quotations furnished by National Asso-
citation of Securities Dealers, Inc. which
states they do not necessarily reflect actual
transa ctions or firm bids or offers. but
should indicate approximate prices.
Evening star., 1941-08-21

Quotations furnished by National Asso-
eiatlon OF Securities Dealers, Inc. which
transactions or firm bids or offers, but
should indicate approximate prices, and
unless otherwise indicated, are as quoted
BY the sponsors or issuers
Not quoted by sponsors or issuers.
Evening star., 1941-08-21

The wild turkey originally ranged
In SO States but now is found in
only 20 States In the Southeastern
and Southwestern United States.
Evening star., 1941-08-21
Serop Study Reprinted

The Bureau of Standards an
nounces printing of reprints of
simplified practice recommendation
for iron and steel scrap in response
to a large demand for industry
resulting from the defense program.
Evening star., 1941-08-21

sex dividend tPIus extras tal soc
paid so far this year (e) 2ee extra
lgt $500 extra paid December 2S, 1910.
extra. (p) 81 90 paid July 25, 1941
t9 50 90 paid in 1910. (y) $1,000 extra.
tw- i.) when issued.
Evening star., 1941-08-21
Investing Companies

NEW YORK, Aus. 81 GP.-National As.
kociat ton Securities Dealers, Inc;
(Closinr Ountatinns)
Evening star., 1941-08-21
Washington Exchange
SALES

SAILS,
Capital Transit Co.'S at 1871, so
at 1872.
Evening star., 1941-08-21
R.rt-jI Trade SOars,

Buying IL department stores in
big cities this week is reported run
ming 25 to so per cent above the like
1910 period.
Eggs at wholesale IN Chicago
heart of the Midwest producing
center-are commanding the high
est prices since 1929, portending fur
ther advances in retail prices over
the grocery counter.
The tea situation continues good
Evening star., 1941-08-21
Shin Space Plentiful.

I'VE are IN gOOQ shape. Inere Is
plenty Of shipping space" said one
rubber man. Rubber should con-
tinue to move here freely. Our only
fear, aside from international po-
litical developments, is that the de-
fense officials, needing other things
from the Orient, or needing more
bottoms for movement of war goods
to Russia, might take over some OF
our ships.
n they take boats from us the
rubber situation could become bad
overnight. I think, however, that
the o. P. M. knows how vitality i'm
portant it is to keep rubber coming
into the country at this time"
Businessmen familiar with the
Far Eastern situation said today
that the United States and Great
Britain had fully adequate supplies
of silk for long war. The material
used for parachutes and powder
bags, was stocked heavily both here
and in London before the freezing
of japanese funds halted United
States Nippon trade.
1t should be remembered, how
ever, that, despite the satisfactory
position of rubber imports and silk
stocks, clamps on civilian use are
likely to continue.
Under order of the o. P. M, rub
Der consumption during the f1nal
six months of 1941 must not be al
a faster pace than "a rate OF 800 ,00t
tons annually Users, working with
specially drawn schedules, are re-
ducing consumption in compliance
with the order.
It looks like there will be no more
silk stockings after present thrown
silk supplies are used up.
Evening star., 1941-08-21
London Bur Silver

LONDON, Aug 81 tP-Bar silver
e3i.d, UNCHANGED. Equivalent, 425O
cents)
Evening star., 1941-08-21

Sweden's coal shortage is grow.
ing.
Evening star., 1941-08-21
U. S. Treasury Notes

NEW YORK, Aug. 81 tP.-Prices quoted
In dollars and thirty-seconds:
Evening star., 1941-08-21
Insurance Stocks

NEW YORK, Aug 81 0P.-National As
sociation Securities Dealers. Inc:
Evening star., 1941-08-21

SUBSTANTIAL amounts OH JdpdlleSe
vessels ceased months ago and that
the financial impasse with Japan
would not affect future rubber ar
rivals.
Evening star., 1941-08-21
BONDS
PUBLIC UTILITY
STOCKS

PUBLIC UTILITY.
Evening star., 1941-09-03
Where to Co..
What to Do

MUSIC.
Band concert, Marine Band. east
front of the Capitol, 7:30 O'Clock to-
night.
BANQUET.
American Congress OF Physical
Therapy, Mayfiower Hotel, I o'clock
tonight.
MEETINGS.
Society of the Sd Division, Willard
Hotel. 8 o'clock tonight.
Executive Committee. Washington
Newspaper Guild. 210 Kellogg Build
ing, 8:l5 o'clock tonight.
American Congress of Physical
Therapy, Mayflower Hotel, all day
today.
LUNCHEONS.
Junior Board of Commerce. An
napolis Hotel, 1890 pm. tomorrow.
Brewers Association, Hamilton
Hotel, 1890 pm. tomorrow.
Kiwanis Club, Mayflower Hotel,
1890 pm. tomorrow.
Washington Institute Of Public
Accountants, Madrillon Restaurant,
1890 pm. tomorrow.
Cosmopolitan Club. Carlton Hotel.
1880 pm. tomorrow.
FOR MEN IN THE SERVICE.
Entertainment - Variety show,
Marching Along" premiere at Gen.
trail High School. Thirteenth and
Clifton streets NV, tonight, 8:l5
o'clock.
Entertainment - Game night,
sponsored by st. Johns Episcopal
Church. parish house. Sixteenth and
H streets NV, tonight, 8 o'clock.
Evening star., 1941-09-03
Former SehooIboy Hero
Married in Colorado
By the Associated Press.

5S LuS hsoOSldtcO FAeos'
DENVER. Colo. Sept. 3-Bryan
Untiedt, schoolboy hero who saved
the lives Of IA companions trapped
in blizzard decade ago, is ready
to settle down.
The young munitions worker was
married Saturday night to Margery
Bowman. %, of Denver.
I'm just an ordinary guy" said
Bryan, now %, "and I want to set
tie down to a quiet life"
The Chronicle-star combined with the Moss Point advertiser., 1941-11-28
perkingt0n Junior .
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The Chronicle-star combined with the Moss Point advertiser., 1941-11-28
Junior Civilian
Defense Councils
Desired In County

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The Chronicle-star combined with the Moss Point advertiser., 1941-11-28

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