davidaulloa/AmericanStories huggingface dataset:
Evening star., 1941-08-10
Potomac Power
Registers Best
Month in History
Kilowutt Hour Sales
In July Top All
Previous Marks
BY EDWARD c. STONE.

Continuing their recent record
advances, klowatt hour sales of the
Potomac Electric Power Co, in the
District of Columbia in July, were
the highest the company has ever
registered in any month, officials
announced yesterday. Considered
one of the best of business indi-
Gators, they give further evidence
of the Capitals growing prosperity,
Sales in July totaled 9093l ,667
kllowatt hours, against 71,470.476
IN July, 1910. a sharp gain OF l9,46l,-
19l or 2723 per cent. June saw
sales cross the 80000,000 kilowatt
hour mark for the first time and
now July sales have scared above
90,000,000 XVIII. Power sales for rail-
roads and railways were up 2212
per cent over last year and other
sales showed gain of $3.50 per
cent, with the exception of highway
lighting.
In the first seven months of this
year, Potomac Power sales reached
566, ,39l 019 XVIII. compared with
485, ,256 044 in the like period a year
ago, a striking gain of 8l.l34,975
hours. This is also new seven
months record. Electricity sales for
the seven months. in kilowatt hours,
compare as follows with last year:
Evening star., 1941-08-10

BY the Associat ted Press.
KANSAS CITY, Aug. 9.-Railroads
clamped an embargo on wheat
shipped to Kansas City elevators for
storage, but that didn't stump Kan
sas and Missouri farmers.
They hauled out carpenter tools
and constructed hundreds of new
bins and renovated old farm build
ings. Many such storage facilities
were erected even before the harvest
started by far-sighted operators.
With cash market and Government
loan prices flirting with dollar-plus
figures. they refused to chance
weather loss by dumping valuable
grain on the ground
With the 1941 winter harvest
virtually completed, survey dis
closed today that with the excep-
tion of the Garden City, Kas., area,
where small amount was so stored,
no wheat was piled on the ground
Evening star., 1941-08-10
Auto Industry Expects to Build
Better Cars After f Emergency

one of swelling demand. In all these
have resulted from temporary
contraction of demand. Now say
the experts, demand is about to be
piled up by the temporary inability
of the industry to produce.
Retail demand of the model year
just ended required the production
of approximately 100000 cars and
trucks. There are some among the
car makers who believe that rate of
demand could continue throughout
most of the coming year; others
disagree, saying at least a modest
tapering off should be anticipated.
See Unsatisfied Demand.
All are agreed that with the pro-
duction curtailment indicated there
will be a goodlv volume of unsatis-
fed demand during the next sew
eral years.
And by the time new models once
again become regular annual al
fair, the engineers. borrowing from
their experience in the production OF
aircraft motors and other war ma
chimes. expect to produce car that
will have all the refinements that
could have been expected had there
been no defense emergency
Outstanding, they intimate, will
be a vehicle that can be operated
much more economically than to-
days car. Besides engine refine
ment there will come. the engineers
assert confidently. a higher octane
gasoline than at present is, avail
able
But the speed with which auto
mobile factories converted TO arm
ament manufacture can be re-
turned to automobile production
they emphasize. will depend almost
wholly upon their ability to main
tain at least a skeleton automotive
engineering program throughout
the emergency.
Evening star., 1941-08-10
By DAVID ]. WILKIE,

DETROIT, Aug. 9.-The automo-
bile manufacturer is long-range
plamer-he has to be by the very
nature of his buSineSs-and while
his No. job right now is armament
making. he is looking ahead to the
day when the resumption of normal
pursuits replace the manufacture
of guns, tanks and bomber parts.
The motorcar industry is turning
the greatest mass production tech
nique the world ever has known to
the task of producing war material
in what one prominent automobile
company official has termed terri
flying volume" Once the need for
extraordinary armament production
has passed, this same tenchnique,
undoubtedly much the better for
the lessons learned in defense tasks.
will be turned back to passenger car
and commercial vehicle manufac-
tlue.
Not a single automobile maker has
voiced objection to the curtailment
program outlined for passenger car
and light commercial vehicle pro-
duction. Many of the restrictions
on normal activities within the in
dustry, as a matter of fact, are the
result of voluntary action on the
part of the car manufacturers.
Hope to Keep skeleton Program.
Along with the projected 100 per
cent defense effort, however. most
of the automobile executives hope
they may be able to maintain at
least the skeleton of an automotive
engineering program Regardless of
how severely curtailment hits the
volume of automobile production
during the emergency. the car man
ufacturers believe their industry will
figure prominently in the return to a
peacetime economy.
Evening star., 1941-08-10
Price and Supplies
Controls for Copper
Grip Metal Market
New Regulations Get
Spotlight Over Moves
In Other Quarters
Rv the Associated Press

By the Associated Press.
NEW YORK, Aug Cooper held
the spotlight this week with two i'm
portant developments: l Initiation
of control over distribution of all
copper supplies to domestic consum-
ers; C2 establishment of one price
for all United States production-12
cents pound. Connecticut Valley.
Under the first regulation no cop
per can be shipped TO consumer
unless that user has first obtained
a certificate of ALLEGATION from the
Office of Production Management
Opacs set the one price for the
red metal and said an exception
would be made for certain high cost
producers whose costs during the
first half of 1941 were in excess of
IL cents a pound.
Foreign lead continued to flow
into American channels as ship
ments moved against July alloca-
tions of $4,000 tons Trade circles
expected August shipments to be
larger lIldH Jlle july Idlt.
The price was firm and unchanged
at 585 to $50 cents a pound. New
York, and $40, St. Louis.
Zinc still was rationed at 725 cents
a pound. East st. Louis.
In steel pig iron supplies were
allotted with tonnages on hand re-
manning small Scrap stock piles
were smaller. with buyers accepting
lower grade and paving at the rate
of number one heavy melting. Steel
ingot production reflected the lack
of high grade scrap
Similar priority ratings presented
to steel makers by several consumers
almost simultaneously have caused
some officials to wish for absolute
Federal authority to rule on the con-
tracts
Multiple order difficulty was a
problem in plates, too, inasmuch as
the situation there was exceptionally
tight.
Evening star., 1941-08-10
Active Selling Pushes
Cotton Prices Down
S1.15 10 S1.35 a Bale
Southern Hedging Against
New Crop Movement
Is Factor in Market

BY the Associated Press.
NEW YORK. Aug. 9.-Active SELL
ing pushed cotton futures prices
down s1l5 to s1.35 bale today.
Southern hedging against in
creased movement of the new crop
and favorable weather forecasts
were factors behind offerings. mar
ket analysts said. Final prices were
near the days lowest.
The crop movement was reported
considerably ahead of the same pc
riod a year ago and that probably
accounted for the markets hesi-
fancy around the 1850 cents pound
level.
No exports yesterday. season so
far. 20,263 bales. Port receipts, TO-
173. Port stocks. 3.172,03l.
The RANGE follows
Evening star., 1941-08-10
Petroleum Stocks
Drop 10000
Barrels in Week
By the Associated Press.

By the Associated Press.
The Bureau of Mines reported
Yesterday stocks of domestic and
foreign crude petroleum at the close
of the week ended August 2 totaled
252 ,535 900 barrels, net decrease OF
1913 900 barrels compared with the
previous week. Stocks of domestic
oil decreased $4,000 barrels for the
week and foreign crude increased
1896, 900 barrels
Daily average production for the
week was 1896 900 barrels, or de-
crease of 175.000 barrels compared
with the previous weeks level. Runs
to stills averaged 3.845 900 barrels
daily, compared with 3,920000 BAR
rels for the preceding week. Daily
average imports were 222 900 barrels.
Evening star., 1941-08-10
Wheat Prices Cling
To Gains Ranging
From 6 10 8 Cents
Market Closes Within
Fractions Of Four-Yeur
Peaks of Midweek
BY FRANKLIN MULLIN,
ASeoriated Press Market Writer

CHICAGO. Aug. 9.-Wheat prices
held tenaciously today to the
weeks gains ranging from to
more than cents-one of the
sharpest advances registered in
months.
Although declining as much as
1l2 cents at times. due to early
profit taking and account adjust
ment selling for over the week end,
prices closed only 1s-5s lower than
yesterday and were within frac-
tions of the four-year peaks estab-
lished at mid-week. September
finished at $1115s-34, December
S1151s-14 and May $1185s-%, COM
pared with around IS cents for all
deliveries year ago.
Traders attributed the late rally
to mill support and short covering
of professionals.
Corn closed 14-12 higher than yes
tarday: September 70. December
82as-l4 and May 863s. the last new
four-year peak for any contract.
Oats were 3s-as lower: soybeans y
lower to . higher; rye 3s-34 down
and lard 5 lower
Substantial price gains recorded in
all pits here the last seven sessions,
ranging from 5 cents for corn and
6 cents for oats to almost a dime
for soybeans. were attributed by
grain interests chiefly to Washington
developments. Added to loan pro-
gram and improved domestic buying
power, strengthening all commodi-
ties, have been such comparatively
new developments as testimony in
Congress about initiation. high limits
on ceiling prices for farm commodi-
ties and efforts to freeze Govern
ment wheat stocks. Increased flour
buying also was a potent factor in
the wheat pit this week.
Corn dipped fractionally with
wheat but later developed independ-
ent strength and closed at the best
levels of the day Brokers said al
though scattered moisture was re-
ported in parts of the main produc-
ing area, there was no general relief
from the dry spell and the forecast
for Indiana. Illinois, Iowa and Ne
braska was for fair weather with
little temperature change.
The range at principal markets
today:
Evening star., 1941-08-10
Industrial Index
Remains Unchanged
For Weekly Period
Electric Power Output
Reaches New Record,
But CorIoodines Drop

NEW YORK. Aug. 9.-The Asso-
ciated Press index of industrial ac-
tivity remained unchanged this
week at 1922 as advances in some
lines of industry were offset by de-
clines in others.
A month ago the index stood at
1405. a year ago at 1915.
Electric power production reached
a new record high for the fourth
consecutive week. rising more than
seasonally in a broad advance.
Cotton manufacturing declined
bit but far less than usual for this
time of year.
Rail LOadingS Dip.
Railroad freight carloadings
dipped contra -SeaSonally. as all
classes of freight except forest prod
ucts fell below the previous week.
Steel production fell back slightly
from the near capacity rate of a
week ago In trade circles the de-
Clines was attributed to growing
shortage of steel scrap.
Residential building was steady
at high level of activity.
Automobile production figures
were eliminated from the Associated
Press index this week for the first
time. With the beginning of the
new model year during which pro-
duction of cars and trucks will be
curtailed in order to facilitate arma-
ment work, it is felt that auto pro-
duction no longer fairly represents
activity in heavy industry.
Heavy industry will continue to
be represented in the index by steel
production and to some extent by
the movement of railroad freight
and electric power production.
Components. adjusted for normal
seasonal variations, compared as
follows:
Evening star., 1941-08-10


ert H. Lacey Columbia National;
j. Earle McGeary, Hamilton Ma
tional: G.. Crawford Turnbull, Nor
ris Plan Bank: Joseph R. Fitz-
patrick. Second National and Harry
F. Harding. Union Trust Company
The committee provides able
speakers for several forum ses-
sions IN the winter season.
Financial District Comment.
C.H. Gockeler, assistant vice pres
ldent of the Hamilton National Bank
and a former president of the WASH
ington Stock Exchange. is passing
his annual vacation at Ventnor, near
Atlantic City, N. j,
Carl J. Bergmann, president OF
the Washington Permanent Build
ing Association, left here Friday for
several weeks vacation at Atlantic
City.
c. H. Boyse. assistant secretary
treasurer of the Prudential Building
Association, is enjoying his annual
leave on a motor trip through the
Blue Ridge and Great Smoky
Mountains.
William Forrest Oakley jr., who
has been in the merchandising field
for several years, has joined the
Bernard L. Wilmer life insurance
agency.
The Washington Offices of Merrill
Lynch, E. A. Pierce e. Cassatt and
Fenner Il Beane will be combined on
September l, while the legal part OF
the merger will be consummated on
August l8. The new firm will have
memberships on % exchanges.
Washington banks report many
orders for the new U. S. Treasury
tax anticipation notes which were
brought out on August l. Patrons
with large accounts are adopting
this plan very freely as a sure way
Of being prepared for increased
taxes in 1912, bankers say.
Evening star., 1941-08-10

pointed cndll-
man of the FL
nancial Unit for
the forthcoming
D is trict Red
Gross Roll Call,
y e S t erday an
nounced the ap-
pointment of %
bank executives
as key men" to
direct the forth
coming roll call
In banking cir
cleS.
TIL e Y include
Robert L. Flath-
Evening star., 1941-08-10

r
can Institute OF
Banking. Presi-
dent John NJ.
Christie a n =
nounced ,yeSter-
day. Mr.. Blaik-
lock was psesi-
dent of h e
c h a p t er last
year.
The o t h e r
members of the
committee are
Jesse Cheyney,
American Sc
curity & Trust
CompapV' Rob-
Evening star., 1941-08-10

Chicago Cash Market.
Wheat No :, red | .OS: No ] hard. .OS-
OSl, No :, yellow hard. .0S. Corn, No.
yellow 15l2; No. ,. 74l3-15; No. ;. ~
No :! white. So: No ), 19l2. Oats, No. l
mixed 3S; No. white, 3Sl4-'4 No. 3S-
3SI9. No q 36i. Barley. mailing. 63-6S:
feed and screenings. 43-53: nominal: No.
., IS; No. 3. so. Field seed, per hundred
weight. nominal; timothy, 4.OO-25; aIslke'
l0.0U-12.O0.
Evening star., 1941-08-10
Stock Market
Continues Slide
AT Week End
Closes With Highest
Average Losses Since
Late June
Rv RERNARD :. OHARA,

Bv BERNARD 5. O'HARA,
NEW YORK. Aug. 9.-DepresSed
mainly by tax fears, the stock mar
ket today continued its slide and
finished the week with the heaviest
average losses since late June.
The retreat of yesterday was re-
sumed at the opening and subse-
uuent halfhearted recovery at
tempts never got anywhere. While
selling was comparatively light,
bidders were notably timid and
closing declines ranged from frac-
tons to more than points.
The Associated Press average Of
so stocks was off 04 of a point at
433 and on the week was down OF.
This was the biggest siX-day break
since mid-April and actually was
the first weekly setback in 10 weeks
1t was the eleventh successive ses-
sion in which the composite had
been unable to register an advance,
one of the longest stalemates in
decade
Transfers of 321.llO shares were
the smallest since July 10. and COM
pared with 1863 $40 last Saturday.
Offset Bullish Ideas.
Insistence of Treasury Secretary
Morgenthau that tax base be
broadened and rates boosted sub
stantially, brokers said, did much to
offset generally bullish ideas re-
garding business. In addition. a
clou-Snu-,,
tiyitieS and in steel output, due to
material shortages, served to chill
sentiment. Scant inspiration was
found in the war news and there was
some trimming of commitments to
be on the safe side over the week
end. Uneasiness over rising labor
difficulties also was in evidence.
Prominent on the backslide were
shares of United States Steel, Beth
lehem, Chrysler. United States
Rubber. J. I. Case, Douglas Aircraft.
| Union Carbide, Allied Chemical,
| Owens-Illinois. American Smelling.
| Anaconda, Western Union. Texas
! Corp, Great Northern and Pepsi
Cola.
Standard Oil of New jersey man.
aged to recover fraction of yes
terday'S relapse attributed to the
Treasury suggestion that depletion
allowances for natural resource in
dustries be cut out of the tax bill.
American Telephone was one of the
few leaders TO end with a slight
| gain
Curb Market Is Mixed.
In mixed curb losers included
American Cyanamid b Phoenix
Securities. Beech Aircraft and Creole
Petroleum. Up a shade were Glen
| Alden Coal and Hecla Mining
! Volume here was around $4,000
shares versus 10000 a week ago.
The big board was unchanged
Monday. triple lower Tuesday, un-
/ changed again Wednesday and
Thursday and suffered a late flop
Friday. The market had begun to
act tired out the week before New
influences were about a stand-off
Conflicting German-Russian battle
claims left Wall Street in doubt
worries persisted over Far Eastern
rumblings. and the imitation stimu-
liant was diluted by thoughts mount
ing taxes may halt soaring prices.
Evening star., 1941-08-10

o Bio. Nominal.
Spot, nominal; middling, 1897.
New Orleans Prices.
NEW ORLEANS. Aug Q Cotton
futures declined approximately 81 90
bale here today under long LIQUIDATION.
Closing prices were barely steady 26 10 81
points net lower
Evening star., 1941-08-10
New York Produce

NEW YORK Aus, q lP,.--Dressed poul-
try steady; fresh and frozen prices un-
Live poultry. by freiEht and express
nominal: no sales.
Produce prices steady and unchanged.
Evening star., 1941-08-10

a Also extra or extras. Dclared or PAID
so far this year. e Paid last year
Quotations furnished by NaIonal hsS9-
states they do not necessarily reflect actual
transactions or firm bids or offers. put
should indicate approximate prices.
Evening star., 1941-08-10
Capital Securities
Over the Counter.)

The following nominal bid and asked
quotations on Washington securities traded
over the counter, as of yesterday, have
been assembled for The Star by Washing
ton members OF the National Association
of Securities Dealers. Inc.
Evening star., 1941-08-10
Corporate Earnings

NEW YORK, Aus. q ,P.-Corporate
earnings during the week showing net
profit per common share. included.
VFna On
Evening star., 1941-08-10

T. Stanley Holland vice president
and trust officer of the American
Security & Trust Co., recently ap-
Evening star., 1941-08-10
Hudson Motors S Net
Up in June Quarter
To "A Cents a Share
American Commercial
Alcohol Reports
Sm-Month Guin
B, the Associated Press.

B, the Associated Press.
NEW YORK, Aug. 9.-Hudson
Motor Car Co. reported today for
the quarter ended June 80 net profit
of s22O.714 after provision for Fed
eral income taxes. equal TO IA cents
share. This compared with so 337
or cent a share in the March
quarter and net loss Of 1865 ,954 in
the June quarter last year.
Commercial Alcohol.
American Commercial Alcoh o
Corp. reported for the six months
ended June 80 net profit of s246.-
6S8 after provision for normal Fed
eral income taxes at present rates.
This was equal to IS cents share
on the common stock and compared
with sl47244 or 81 cents share in
the first half of 1910.
Evening star., 1941-08-10
Insurance Stocks

NEW YORK. Aug. q lP,-National AS
ISOLATION of Securities Dealers. Inc:
Evening star., 1941-08-10
Merchants & Miners.

BALTIMORE. Aug. LP).-In a
special interim report to stockhold-
ers. the Merchants & Miners Trans
portation Co. of Baltimore re-
ported a net income of 1868 .631 for
the quarter ended June 80 after pro-
visions were made for an estimated
s274,00O in Federal income and eX-
cess profits taxes.
The company reported a net loss
of S83,114 for operations compared
with s1l5,066 in the comparable
1910 period. Net gain on profit and
loss transactions was S1.020.745 in
cluding a gain of $685. 1902 from the
sale of ships, producing total net
income of S937.63l after deducting
the loss from operations.
Evening star., 1941-08-10
u. S. Treasury Notes

NEW YORK. Aue. q lP,.-Prices quoted
in dollars and thirty seconds:
Evening star., 1941-08-10
Dividends Announced

NEW YORK. Aug. 9-Dividends an
nounced. prepared by the Fitch Publishing
Co.
Initial
Evening star., 1941-08-10
New York Bunk Stocks

NEW YORK. Aug. 9 tP.-Na,ionaI As
soclatlon Securities Dealers, Inc
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03

getting out Of the right side Of
the car coming hack to the
right side of this seat, and un-
hobbling the girl, who may then
choose whether she wishes to go
with you or to stay with us.
That's my last word on this
matter"
Not on your lifew the Older
gangSter shouted. but the
Younger man harked something
at him in a foreign tongue
which stopped his speech but
did not calm him. His purpling
face and angry eyes made NE,
shudder as ! shot a quick glance
at him. After that l did not
look at him.
"My last word has yet to be
spoken" the younger man told
Dicky, and his eyes were cobra
like in their maleVolenCe. But
it suits me TO agree with you.
Have your wife unite the girls
feet and hands at once"
CONTINUED Tomorrow
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03

THERE VAS no answer TO my
question in my husbands face or
manner.
He kept his quiet, watchful pose.
his eyes fixed upon the young man
whose last question had so shaken
Carolyn. and my impression of his
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03

playing for time
deepened.
Crying will
do 70 u n o
good" the
m e rcile SIS
voice Of Caro-
lyn's inquisi-
tor went on.
II am asking
you for the
last time, do
YOU rPuenl-
Der what l
told you 9"
Carolyn's sobs
ceased. but her
Y oil &C " a $
frppNtllOttC al
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03

most inaudible, as she fallered:
eyes, I remember"
"Then heed it," he said
abruptly. '1f YOU know what's
good for you-and others
you'll get out OF that car this
minute and come with me. 4
give you my word. you do not
need 10 he afraid of me-or OF
the other man" he lowered
, his voice TO a whisper. Tll take
care OF him"
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
Pitfalls oil Love . . . By Adele Garrison
A Sequel to Marriage MeddIer.

| Sequel to Marriage Meddiel
her and your wife. you'll unite
her." he said.
Dicky chuckled. and l think the
sound astounded the
young man and his companion as
much as it did me.
suppose we compromise" he
said. I'm the first place. I'm
not going to move from my
present position no matter what
happens.
Hes got a gat." the older
man said with the air Of a per-
son suddenly discovering some
thing.
Dicky did not change a muscle
of his face
DICkYS ULTIMATUM
whether or not your sapient
partner II correct in his conclu-
sions is beside the question" he
said II repeat that I am not GO
ing to move from my present
position. But II my wife
chooses. will agree to her