davidaulloa/AmericanStories huggingface dataset:
Evening star., 1941-11-08
Convention
Continued From Page BID

taxes far above those to be faced
In the coming year.
Howard P. Vermilya, director,
technical division, F. H. A., Wash
ington. said limitations placed on
home building by the o. P. M. would
cut down the size of the average
house by 300 square feet of floor
space. He said the following re-
ductions in quantity OF critical ma
terials may be made in the defense
house without weakening it struc-
turally: Ten per cent of steel and
iron, 81 per cent of copper, % per
cent Of zinc and / per cent of lead.
BY cutting down use of critical ma
terials, he said, builders could carry
on a greater volume OF business
without hampering defense.
The national association yester-
day passed resolutions backing the
Governments policy of all-out de-
tense. They urged that measures be
taken to protect small business. of
which real estate is part, in this
time OF defense emergency. They
urged that small business be given
chance to share a defense work.
Cut in Subsidies Asked.
The association reaffirmed its
stand that housing supplied by Gov
eminent subsidy should be cut to a
minimum, and asked that private
industry be given the chance to sup
ply a major portion of housing
needed for defense.
The Washington delegation of 40
persons Is expected to return to the
Capital late today and tomorrow.
The case of the home builder was
summed up by Mr.. Potter in the
following words:
Realtors Of the country will sac
Sifice everything and go the limit
to do their part for all-out defense.
We will do what is required by the
administration for the purpose of
defense. There is no impediment of
the defense program in our proposal
to bring out the facts, which as
yet admittedly no one has to the
extent we should have, as to the
material supply, material needed and
Is to the economic consequences
that would be involved in the COM
plete stoppage of civilian home
building. We do not believe that as
q Nation we should commit our
selves to get into an economic tall
spin after the war is over. We be-
neve that civilian home building can
be carried out in some skeletonized
form without making anything but
the slightest dent in the materials
for defense"
Evening star., 1941-11-08
Mexican Names in VILLAGE

Latin-American tenants of Little
Mexican Village" should feel at
home in the low-rent United States
Housing Authority project now being
constructed for them at Dallas. Tex.
Streets will bear such familiar Mexi-
can names as Monterey plaza, Cha
pultepec and Santiago plazas, and
one will be named in honor of Presi-
dent Avila Camacho of Mexico.
Evening star., 1941-11-08
Distinctive Floor Treatment

An outstanding note in the dis
tinctive formal apartment Of New
Yorker is a floor painted to simu-
late wood inlay. On linoleum base,
a design is applied that is exquisite
in detail and coloring. with f1cral
motifs and encircling vines.
Evening star., 1941-11-08

what you know Of good training.
BY the time the house is straight
you will have done your daily dozen,
too.
Evening star., 1941-12-08
New York Financiers
Express Confidence
In Emergency
v
Chiefs Of Big Banks
And Other Concerns
Are Prepared
x....o.;.,.L1.S

BY the Associated Press.
NEW YORK, Dec. 8.-Executives
Of leading New York banks and
other financial institutions. after q
meeting at the Federal Reserve Bank
today issued a statement that mo
serious disturbances In our markets
are to be anticipated" as a result OF
the Japanese attack upon the United
States.
The bankers, composing a general
consultative committee organized
at the outbreak Of the European war
two years ago, indicated that if any
situations Of special diffculty''
should develop, "the monetary and
credit authorities are able and ready
TO take care of them so as to pre-
vent disorderly trading or unwar-
ranted declines in prices.
1t was the consensus of the Bank
ers' Committee: THE two years since
it was established have SO condi-
toned the money and security mar
kets to war developments that no
repetition Of the difficulties of the
earlier period need be expected at
this time.
THE Government security market
was the subject of special considera-
ton In view Of its importance to
the national interest and to the
credit and banking position.
There was general acceptance OF
the view that responsible factors
in the market, as holders of Govern
ment securities and as subscribers
to the new issues now being allotted
would not contribute to any nervous
selling which might develop and
would, in fact, proceed with their
normal investment programs"
Evening star., 1941-12-08
Foreign Exchange
nOMESTIC-

NEW YORK: Dec 8 lp.-roreisn e1-
change DEALINGS already severely restricted
and controlled, came close TO 4 .tandstiii
on start Of hostilities in the Pacific today,
All dealings in japanese currency were
suspended. and banks were not quoting
other Far Eastern monies Also, By coin
cldence. there was no business in Latin
American currencIes, because Of religion.
holidays in those countries
TIE only important cu-rencies quoted
we're the British pound and the CANADIAN
dollar. at levels uncha need from Saturday
Late rates follow tGreat Britain in dol
lars others in centsD:
Canada: Omcial Canadian Control Board
rates for q. 8. dollars; buying 10 per cent
premium selling / ] per cent premium.
equivalent to discounts on Canadian dol
lars in New York Of buying O. 81 per cent.
selling Q 0a per cent
Canadian dollar in New York open mar
ket IL. per cent discount or $3.50 Q. s.
cents.
Europe: Great Britain. oficial Bank
ers Foreign Exchange Committee rates..
buying, - oc; sellins, 500; open market;
cables 81 .04
Indicated.
Evening star., 1941-12-08
WASHINGTON Produce

BurTER-e3 score. tubs. 35h ;pounn3
prints 37s4 i4-pound prints, 3sI+ ~
scsre tubs. 3S1. I-pound prints ~,
L-pound prints 36s.; a1 score. tubs, = a.
Y-pound prints. rs i.-pound prints, 3o,7
So score, tubs. 33'4 pound prints. 80
i.-pound prints. 34s. SIS score. tubs. 33i.
l-pound prints, 33'.; i4-pound prints
LivEsTocK-cslves. IL; spring lambs
Prom Agricultural Marketing Service:
DGGS-Market about steacy. Prices
paid for redersl-state Graded esgs re-
ceived from gradins stations December
white. United States extras LARGE, to-a
nbestly AZ; United States standards. large,
SS-3s; United states trades. 32. Browns.
United States extras large. 3s-4o; mostly
a: United States extras mediums. 34-3s;
mostiv "a; United States standards. large,
"a; United States standards. mediums, 81 !:
Omitted States trades. 30. Nearby ungraded
eggs current receipts. whites. mostly 30
~: some OF better quality, heavier weishts,
up to IS; mixed celors, mostly so. Re-
eeipts. e76 caset.
LIVE POULTRY-Msrket about steady.
Fowl celcred. = pounds and Up. 1919;
Ieshorn hens. az pounds and up. ~:
No. IS, 10. BOOSTERS. 1914. Chickens
tirrinia Rocks. broilers and flyers, all
sizes. Is: No. 2s. l3. Delaware and MARY
land. Rocks and crosses, broilers and fryers;
pounds, s5: Z pounds and UP IS. Turkeys.
young toms, is pounds and UP e2-23'
yeuns hens. 10 pounds and up. 25-26:
No q and unfersizes, Is. GutneaS al
siSes, IS; old, 10.
Evening star., 1941-12-08
Chicago Livestock

CHICAGO. Dee s lp, Omitted States
Department Of AgricuIture) --Salable hogs
- 600: total, $1,000; opened steady TO 10
higher; later trade very active, mostly 15-
g Up, sood and choice. !60-27o pounds;
000-25; mostly 10lO-c5 with several
loads. o.30 and 1898; top. 1923; most
S1o-329-pound butchers, ae0-lo.15; good
velshta, 9.65-S5.
Salable cattle 14.0O0 calves. ]. 900: fed
steers and yearlings, 1925 higher; active
at ADVANCE: yearlinss very scarce; good TO
choice weiGhty steers in broad demand:
selling freely At I1.15 up to us. with
only comparative short feds at ] ! so down;
common offerings under 8. so: top. IL IS:
load or so held At IA 90: numerous loads.
lsa5-l3.25: 1.40O-pound averages TO
I265: 1871 pounds. IL 40: l .6o6 pounds.
l. 200; stock cattle scarce, hrm: fed heifers
shariEs steer advance; choice onerinss
topping at 1900. or 1918 uD; bulls strong
TO Is hiRher; veishtv sausage offerings to
$40; vealers frm At 12.00-13.0 90.
Salable sheep. 1000; total. : 900: very
little trading on fat lambs and yearlings;
asking 10 90 and up. or fully IS hlsher.
on best kinds: early bids around IS lower
at ii so down: fat sheep steady.
Evening star., 1941-12-08
New York Cotton
b. the Associated Press.

By the Associated Press.
NEW YORK. Dec 6.-Cotton fu-
lures rebounded from a sharp early
break today as heavy Wall Street
mill and New Orleans buying enter
ed the ring.
Anticipation Of a further expan-
sion in cotton goods production and
strength in other commodities lent
support to the market. The Gov
ernment crop report showing q
slight decline in prospects and con-
tinued movement Of the crop into
loan emphasized a possible tight
e''rply situation. encouraging buyers.
Fiurries Of hedging and profit tax
Ing on the advances provided mo-
mentsrv setbacks to the market. but
the undertone was steady.
Late prices were Is to IS cents a
bale higher; March, 1920: May,
1886: October. 1899.
Active hedging by leading spot
house and liberal Memphis offerings
and profit taking caused prices to
react in the final hour. Closing
prices were 10 cents bale higher to
IA repts lower
Evening star., 1941-12-08
Stock Market Drops;
Commodities Soar
As War Opens
Leading Shores Down
81 to S. or More at
Sessions End
BY VICTOR EUBANK,
Askocisted PreN Financial Writer


NEW YORK, Dec. s.-Securities
tumbled and commodities scared in
today's markets as Japan and the
United States clashed in the Pacific
and Congress voted all-Jut war on
the Oriental empire.
Cancellation of buying orders
which might have made a cushion
for selling resulted in retreats for
leadings stocks of to 3 points at
the opening on blocks of 1000 to
more than 5000 shares.
Dealings slowed and quotations
recovered partially as it seemed
offerings would be pretty we'll abb
sorbed. There was another dip in
prices after midday, when it was
learned American casualties at Ha-
waii were greater than most had
looked for. Victorious claims OF
Toxic contributed somewhat to spec
ulative uneasineSs and falling trends
gained momentum in the final hour.
Many new l941 lows were estab-
lished in the afternoon and, while
there were scattered advances in
evidence at the close and declines
were cut in many cases, losses
ranged from l TO points or so.
1t was one Of the sharpest setbacks
since May of last year, when the
Nasis crashed the Low Countries.
The fite-hour volume of around
1000. 900 shares also was one Of the
larrest since Nav 1910
Some rails. aircrafts, utilities and
sugars put up show OF resistance
at times. but the majority eventual
" extended their minus marks sub
stantially.
Among stocks in the new low"
class were Bethlehem Steel. Repub-
lie steel, General Motors, Chrysler,
Sears Roebuck. New York Central.
Pennsylvania. Great Northern and
Chesapeake 6 Ohio.
Federal Bonds Quiet.
Bargain hunters searched for
United States Government securities
at declines to a point and more, but
found little for sale. Dealers in the
over r-the-counter market said the en-
tire Government group was priced
about a full point below the pre-
Tous close, but the quotations were
virtually nominal because Of scant
turnover.
Foreign and domestic bonds
dropped l TO more than 1 points and
hovered around the days lows
toward the close Of the session.
Evening star., 1941-12-08
MetuI Market

NEW YORK. Dec chopper steady;
electrolytc spot. Connecticut Valley, 10 90;
export. fa.s New York. IL 25 Tin STEADY;
spot and forward, SO. 90. Lead steady; spot,
New York. 5.s5; East st. Louis SO Zinc
s.25 Es iron. No. 2, fob. Eastern Penn
sylvania. 25 90: Buffalo. 400; Alabama.
20.3s. Aluminium, virgin. % per cent,
IS 90 Antimony Chinese spot 1880
nominal. Quicksilver, 1873 100000 NOM
inal. Platinum, pure, $500 Chinese
volframite. 24,oO-2s 90 nominal Domes.
tie scheelite, %. .0o-26 90 nominal
Evening star., 1941-12-08
War Risk Rotes Boosted

NEW YORK, Dec. 8 (Pl.-Ameri-
can marine insurance underwriters
skyrocketed war risk rates on United
States ship cargoes today. boosting
the premium to and from the
Hawaiian Islands to 81 per 500 val
uation from cents.
Evening star., 1941-12-08

rim bankruptcy or reeeivership or being
reorganizsd under the Bankruptcy Act. o.
securities assumed BY such companies.
Rates OF dividends IN the foresotng table
are annual disbursements based On the
last quarterly or semi-annual declaration.
Unless otherwise noted special Or extra
dividends are not included Also extra or
extras Cash or stock Paid last year
PAYABLE in stock Declared or paid 70
Accumulated dividends paid Or declared
this year w With warrants. xw With
cut warrants. var Warrants. Unit Of
trading less than 100 shares; sales aTs
given in full.
Evening star., 1941-12-08
Chicago Grain
BY the Associated Press.

CHICAGO, Dec. s.-Grain prices
scared cents a bushel in some
cases today as much as trading rules
would permit in one session, as the
United States went to war with
japan.
Soybeans shot up cents, the
daily limit for that commodity. with
trading virtually at standstill
throughout the day because of lack
Of sellers at the maximum prices.
Despite profit taking and scattered
selling grains reacted only about a
cent from the high levels at times.
Wheat closed 5 cents higher than
Saturday at the maximum limits
for the day. December, $l22'2;
May, s1267s. Corn. 3ss-41. high
er; December. 1917; May. s47s. Oats,
2's-3's, up; December, 52l4. Rye,
4l7-47. higher; December, 69ss.
s,ovbeans. 6 higher. December. sl7l.
Evening star., 1941-12-08
Nsu OyIAaus Prizes

NEw ORLEANS. Dec. = Cotton fu-
kures traded nervously over vide range
here TO-DAY. The explosion in the Paeihc
caused . vide drop in the early tradins
bat new buyinG came in and sent prices up
about 81 bale above the previous
eiese before proht taking erased the sains
C4seine prices were steady, l TO 4 points
Evening star., 1941-12-08
Washington Exchange

SALES.
Washington Gas pfd-7 at l03, 3
at 103.
Evening star., 1941-12-08

Csttenseed Oil.
Bisachsble eoftonsee6 oil futures closed
S1-s< higher Sales. o3l contracts. De-
Gambler. l3s0b March, 1880; NAY
l3el-s2.
b Bid. Nominal.
Evening star., 1941-12-08
Cotton Estimate Reduced.

The Agriculture Department to-
day estimated the 1941 cotton crop
at lo,976, 900 bales Of 500 pounds
gross weight.
The estimate was based on De-
cember l conditions A month ago
the department estimated the crop
At II ,020 900 bales. Production was
1856 900 bales last year and the
average production in the 10 years,
1e3o-l939, was 1926, 900 bales.
Evening star., 1941-12-08
New York Bcr Silver

NV YORK re. fR-Baf SILVER.
SSs: unth- -.
Evening star., 1941-12-08
BNein1 Backlog JumpS.

SAN FRANCISCO, Dec. 8.-Boelng
Aircraft Co. reported today II had
. backlog Of 37o3 1897 OF unified
orders on September 80. an increase
Of 1892 .s2l .204 for the third quarter.
Evening star., 1941-12-08
U. S. Treasury Notes

NEW YORK. Dec 'Pl-Prieee susteS
m dollars and thirty-seconcs:
Evening star., 1941-12-08
Steel Rate 10 Dip
To 97.5Per Cent
In Current Week
Shortage Of Scrop
Blamed for Slight
Mill Decline
BY the Associated Press.


NEW YORK. Dec. 0.-The Ameri-
can Iron and Steel Institute an
nounced today steel production this
week would average 975 per cent Of
capacity, a slight dip from last
weeks 976 per cent rate
A month ago the rate was 96.6
per cent and a year ago $50 per
cent
The slight dip this week, steel
circles said. probably indicated diff
culties in getting adequate supplies
Of steel scrap.
General Motors Sales.
November sales of motor cars arsi
trucks to &C .sumers by General
Motors Corp. totaled 126.2S1 units,
compared with 103854 in October
and lS1 ,42l in November, 1910, the
company announced today.
November sales to United States
dealers at 153,eO4 units compared
with l62,543 in the preceding month
and l9S,064 In the like month last
year.
November sales TO dealers in the
United States and Canada, including
export shipments, were I'll ,4l2 units.
against l79,l20 in October and 49,
406 in November a year ago.
Sales to United States consumers
in the first II 1941 months were l.
946, $50 units. against 1862 ,63l in the
like 1910 period; sales to dealers in
the United States, 1,950,359. against
1.655 .S8l; and sales to dealers In the
United States and Canada. including
exports, 2,135 645, against 1901 1872.
Evening star., 1941-12-08
RYE
Dec. So SaT 81 eas,
May ;bis 76I, 1874 tS-:6X
July f6is .sIe .bL ISL.
DC 105h 1885 1910 1o.47
Jan. - 10.5i 1885 1925 l0.5i-so
Mar. 100 l2.42 llf5 l2.o2-12
May 5000 l2t4 1850 ll.s5 1925
July --- ll.13 1913 1905 Io47
Chieaso Cash Market.

Wehat. No. . hard. 1.23; sample grade,
nard tough, e5: Corn. OLD, No. l yellow,
IS; No. =, ~ No. 2, t6: new corn. sample
grade mixed. $50; No. / yellow, 77i.;
No. - 15-11i4. No. 3, 10-15; No T. Ss-
20: sample grade, yellow f3-s11a; No
=. 54s455i2; No. 4. 5o74 Barley mating,
1898 nominal; feed ana screenings, 45-5s
nominal, Soybesns. No. 3 yellow, 81. No.
4 mixed, So. Field seed. per hundred
weight. nominal Timothy, $751; 10;
alslke. 1891 100 red TOP s00-s15;
req clover, l500-l: 90; sweet clover, $50
Visible Grain Supply
NEW YORK, Dec. S VPi-Vislhle SUD.
ply OF American grain showed the fol-
lowing changes from 4 week ato lin
bushels Wheat decreased 3ls3 .nO0, corn
increased ~ 900: oats decreased 11A,-
600. rye decreased 36o, 900 and barley in.
creased 1,203OOO.
Evening star., 1941-12-08
New York Bonk Stocks

NEW YORK. Dee tP,-National As
seeiatoin Securities Dealers, Inc
Evening star., 1941-12-08
BONDS
STOCKS
PUBLIC UTILITY

Ter Rf&W Cp lst 4LAs 1a4s 1o2
Evening star., 1941-12-08

Middline spot, lS.o3n.
n Nominal
Evening star., 1941-06-27
u. 5. Soldiers Gel Fresh
Milk Daily for First Time
BS the ASSoclsted Press.

BS the ASSoclsted Press.
NEW YORK, June q. - United
Estates soldiers in cantonments and
on maneuvers have fresh milk in
their daily diet, the Milk Industry
Foundation reported yesterday, for
the first time since the Revolu-
tionary War.
More than $4,000 quarts of fresh
milk, as well as 20 tolls of butter
and more than 10 tons of cheese.
are consumed daily under the pres
ent diet which calls for 8 ounces
of milk, 2 ounces of butter. ounce
of evaporated milk and ounce of
cheese for each man. This demand
for fresh milk and dairy products
means that more than 100000
quarts of milk are required each
day for pasteurizing and distribu-
ton or processing into dairy prod
ucts for the Army.
The Milk Industry Foundation also
reported that sales of fluid milk
during May increased 89 per cent
over the same period a year ago.
The daily average for May showed
sales of 7,162,696 quarts. compared
with 6,576,696 quarts in May, 1910.
Evening star., 1941-06-27
co- Stock RANGE Since 1927.
By VICTOR EUBANk,
Associated Press Financial Writer.

NEW YORK, June 27-Heavy
buying in major commodities today
blanketed a generally indifferent
stock market,
The share list inclined to droop
from the start and declines OF frac-
tions to more than point were OBJ
served in most departments at the
close. While a handful of issues
contested the drift. many leaders
were around their lows OF the day in
the final hour.
Some consolation was derived
from the fact offerings were rela-
lively small throughout. Transfers
for the full proceedings were around
100000 shares.
Among bounding staples cotton
futures shot up better than $50
bale to new ll-year tops and cotton
seed oil contracts registered new
highs since 1926. Grains exhibited
strength. Bonds were comparatively
steady.
Principal blame for the lacka-
daisical performance Of the stock
division was placed by brokers on
news from the German-R Russian
conflict indicating the Reds had
fallen back in the face of the Na7l
push and were forming new defense
lines. All of which, from the view
point of Wall Street, had bearish
implications.
Among faltering shares the greater
part of the session were United
States Steel, Bethlehem, Mont
gomery Ward, United States Rubber
Glenn Martin, International Har-
vester. American Telephone, Santa
Fe, Great Northern, Kennecott
American Can, Westinghouse and
United States Gypsum.
General Motors and Chrysler held
TO a narrow range as Wards -
timated a seasonal drop, in this
weeks automotive production, Out
put was put at l27,926 units, agsinst
1873 sos last week.
Stocks in the resistant class were
J. I. Case, Loft. Texas Corp, New
York Central, J. C. Penney. Amer
ican Airlines. Consolidated Aircraft,
Oliver Farm and Jones & Laughlin
preferred.
Evening star., 1941-06-27
Curb Exchange Moved
Indoors 20 Years Ago Today
RS the Associated Press.

e, the Associated Press.
NEW YORK, June 27.-The New
York Curb Exchange moved indoors
20 years ago today and the anniver-
sary was observed at a luncheon
given by President George P. Rea
for former presidents of the organ
ization.
Nobody seems to know when the
curb market really began. but there
are records of such an institution
even before the Civil War.
Its most colorful era was the
decade before its removal from the
site on Broad street just below the
stock exchange: Here the curb brok-
ers in fair weather and foul put on a
daily show for sightseers with their
scurrying about, their shouting OF
bids and offers and their wigwag
signals of orders taken and executed
to their Offices overlooking the out
door market.
In those days curb exchange men,
berships had an uncertain value.
After acquiring modern building
with a well-equipped trading floor
on Trinity place the price of seats
was established and at the height
of the boom in 1929 reached high
of around $250,000.
In the last several years seat prices
have dropped sharply because of the
curtailment in securities trading.
Latest sales have been around 1000.
Evening star., 1941-06-27
Pay Rolls and Employment
Soar in Middle West
b the Associated Press.

CHICAGO. June 27.-ManufaC-
turing industries In the seventh
Federal Reserve district have re-
corded the most rapid year-to-
year expansion in pay rolls and
employment since National Recov-
cry Administration days, C. S.
Young, president Of the Federal
Reserve Bank OF Chicago, said to-
day.
BY the end of May employment
had gained approximately 81 per
cent over May, 1910, and pay rolls
were up Al per cent, Young said.
He added agriculture was sharing
in the expansion through higher
prices for livestock, grain and dairy
products.
The seventh reserve district con-
sists of Iowa and parts of Illinois,
Wisconsin, Indiana and Michigan.
Young said the upturn in the
past year was "all the more strik-
ing since it was recorded over a
fairly high level, whereas the in
crease during the first year follow
ing the National Recovery Act was
from the low level prevailing In
June, 1885,"
Evening star., 1941-06-27
Woman Shoppers Warned
Against Poor Qualify
b the Associated Press.

CHICAGO, June 27-Women
shoppers were cautioned today that
many consumer goods are deterior-
ating in quality under the defense
program while prices remain the
same.
Reign S. HadSell of the Consum-
ers' Counsel Division, United States
Department of Agriculture. gave
point to his warning with this ex-
ample:
A percale dress which formerly
had 80 threads to the inch each way,
and sold for a dollar, now has SO
threads one way and 70 the other,
and sells for the same price.
Hadsell. speaking at the University
of Chicago's annual conference on
business education, said that con-
sumers are going to have to be better
buyers than ever before"
Evening star., 1941-06-27
Consumption of Scrop
Iron and Steel Soors

Domestic consumption of iron and
steel scrap by steel mills and
foundries in the first FIVE months
of I94l Is estimated by the Institute
OF Scrap Iron g. Steel Inc, Wash
lngton, at %, ,l27,O0O gross tons, COM
pared with 14.730,OO0 tons in the
corresponding period Of 1910.
Consumption in May. at 4609 900
gross tons, represented a substantial
increase over April when the melt
was 4,406. 900 tons. The March total
OF 1862 900 tons is the only month
in history TO exceed the May rate,
but if it had not been for the
Memorial Day holiday, May would
have set an all-tlme record.
Never before has the scrap trade
been called upon to supply material
at so high a sustained rate, accord
ing 10 the Scrap Institute.