davidaulloa/AmericanStories huggingface dataset:
Evening star., 1942-07-05
Refined Sugar Supplies
Expand in Northeast
By the Associated Press.

By the Associated Press.
NEW YORK, July 4-RaW sugar
stocks of Northeastern cane refiners
were reported yesterday at the best
levels since early January, slightly
more than 10000 tons, despite de-
cline in arrivals in the final week
of June.
Demand for refined sugar was re-
ported fair, estimated at around so
per cent of normal. The expansion
was credited to industrial and inSti-
tutional use of certificates covering
July and August allotments, addi-
tional canning demand from house
wives and to greater number of
consumers becoming eligible to use
sugar ration cards.
The trade looked to Washington
for a possible change in the indi-
vidual sugar ration after hearing
the Louisiana Legislatures petition
for an increase to move sugar out of
crowded warehouses.
The effort to clear out warehouses,
trade reports said, had resulted in
concessions on selling terms and a
reduction in refined prices by some
beet professors.
Evening star., 1942-07-05
Large Feed Harvest
Expected 10 Help
War Food Drive
Adequate Stocks Seen
For Meat, Egg and
Milk Producers
BY FRANKLIN MULLIN,

CHICAGO, July 4-Favorable
to nourish and fatten the all-im-
portant wartime livestock Popula-
ton of the United States stimulated
hope in the grain trade today that
enough can be harvested to main
tain production goals for meat, eggs
and milk at least through the COM
ing season.
Although the total amount of feed
per animal is expected to be less than
last year, due largely to rapid ex-
portant wartime livestock popula-
are sufficient, especially if some sur
are sufficient. especially in some sur
plus wheat is included.
Most recent estimates of major
feed grain production, including
first semi-official forecasts of corn,
the principal feed, suggesting posi-
bly, the largest crop since 1882 may
be in the making, supported this be-
lief. Furthermore. grain men pointed
out, that if necessary, huge stocks
OF wheat can be diverted to live
stock feed. Normally only about
100000 900 bushels of wheat are fed
annually but this could be doubled
or even quadrupled.
New Estimates Listed.
Private estimates of the principal
feeds as vi conditions on July /,
showed the following harvest in
sight: average of private crop
forecasts issued by C. M. Calvin
and Mrs. E. H. Miller, crop experts,
used.
Evening star., 1942-07-05
Three Groups Ask Cut
In Seaboard Capital
By the Associated Press.

By the Associated Press.
NEW YORK, July 4.-Three bond
committees have proposed reduc-
ton of capitalization of Seaboard
Air Line Railway to $204 1896 900
with annual fixed and contingent
charges of s6.359, 300 from the pres
ent $306,977,122 with annual fixed
charges of sl0,9l9,9l1, it was an
nounced today.
The plan was filed with TazeWell
Taylor, special master appointed by
the United States District Court
at Norfolk, Va, in the carriers re-
organization proceedings.
Sponsoring the plan were the
committee for first and consolidated
mortgage per cent bonds and
committees for receivers certificates
and for underlying bonds.
Hearings on reorganization pro-
posals will be resumed Monday IN
New York.
Evening star., 1942-07-05
By the Associated Press.

RICHMOND, Va, July 4.-The
Tobacco Association of the United
States was warned by its retiring
president last night that storage of
the leaf will be one of the industry's
largest problems this year.
That official, J. w. Dunnington of
Farmville, Va, said more auction
warehouse space might be obtained
for storage 'if the Commodity
Credit Corp. tobacco could be pooled
for storage and fair rates estab-
Hshed. ..
by storing these tobaccos on
certain large markets in one auction
warehouse for each point, such an
arrangement would fill the house
and provide a sufficient income to
be attractive" to warehousemen, he
said.
The association elected A. B..
Darlington of Danville, Va, as pres
ident. succeeding Dunnington, and
formally announced the dates for
opening of sales in the various belts
this summer and fall. The spread
between the start OF auctions on
Evening star., 1942-07-05
Cut in Consumption
To Increase Lead
Reserves Sharply
Steel Industry Worried
By Continued Drop
In Scrap Receipts
BY the Associated Press.


NEW YORK, July 4.-Lead indus
try circles predicted today another
large chunk of the heavy metal
would be added to Government
stockpiles in July as they studied
estimates that consumption would
be the lowest for any recent month.
Industrial sources figured usage
would fall below June totals of about
10000 tons, possibly dipping to 55 900
tons, including the IS per cent emer-
gency pool allotment and the limited
tonnage of foreign metal to be dis
tributed.
The bulk of copper distribution
orders were reported filed, holders
of the remainder seeking completion
of their allotments The delay in
filling this balance was attributed to
the fact that users sought shapes
or delivery dates not readily avail
able.
Zinc producers reported that
while high-grade material was in
demand. holders of allocations of
prime Western grade zinc were slow
in presenting certificates.
In the steel industry, scrap con-
tinued to be the chief problem. The
industry planned its Nation wide
scrap drive as collections continued
their slow downtrend at a season
when they usually are heaviest.
The supply of home scrap-best
material for steel-Was cut substan-
TALLY by heavy exports of ingots and
semi finished steel. From Detroit,
however, came WPB reports that
more than 00,500O0 pounds of such
iron and steel scrap had been moved
out of Lower Michigan industrial
plants into stockpiles during May,
most of it from the Detroit area.
Metals prices were unchanged all
along the line. Domestic copper
was II cents a pound, delivered Con-
nectieut Valley, export, 11a4 cents.
f. a. S, New York; lead. $50 cents a
pound, New York, and 635 cents, St.
Louis. and zinc, 825 cents a pound
East st. Louis.
Evening star., 1942-07-05
Virginia Co-operotives
Will Pay Dividends
Special Dispatch to The Star.


MANASSAS, Va. July 4.-The
Southern States Manassas Coop
erative Board of Directors has de-
clared a dividend of 6 per cent for
the fiscal year, which will be paid
to the organization 348 members,
according to announcement of C.
w. Miller, manager. The local CO.
operative will also pay l per cent
patronage refund. Volume for the
year ended June 80 was approx
mately $4,000
The Southern States Nokesville
Cooperative with a membership OF
200, also will pay a per cent divi-
dend on its capital stock. Ernest
Goff, manager, announced the year S
volume was $4,000.
Evening star., 1942-07-05
CommodityPHce
Chongesin Week

BY the Associated Press.
NEW YORK, July 4.-Commodity
prices edged higher this week, hogs
and cotton making the sharpest
gains as the Associated Press index
Of 35 important staples was pushed
to 1887 per cent of the 1926 price
average, compared with 97.87 a week
ago and $3.50 year ago.
Eggs and butter, corn, rye and
wool, and bituminous coal were
higher than a week ago. Hogs in
their rise touched the highest levels
since July s, 1926. Cotton futures
were up more than $4 bale.
The only declines, all minor, were
made by turpentine, flour, lamb and
oats
Components Of the Associated
Press index compared with this
previous week and a year ago were:
Evening star., 1942-07-05
Work SimpIificotion
Conference to Open
Special Dispatch to The Star.

Special Dispatch to The Star.
LAKE PLACID CLUB, N. Y. July
4-The sixth annual session of the
Work Simplif1cation Conference,
given under the sponsorship of the
Education Foundation of Lake
Placid Club and under the immedi-
ate direction of Allan H. Mogensen,
industrial consultant, will open here
Monday.
Assisting Mr.. Mogensen will be a
number of authorities from various
technical school faculties and from
industry. Among them will be Prof.
David B. Porter, New York Univer-
sity; DR.. Abner Robertson, Rich
mond, Va; DR.. Albert Walton, Upper
Darby, Pa; l.. Clayton Hill, Birm-
ington, Mich; Prof. Erwin H. Schell,
Massachusetts Institute of Tech
nology, and Whiting Williams, Cleve-
land.
Evening star., 1942-07-05
Lumber Production Shows
S|iuht Gain in Week
Hy the Associated Press.

Ry the Associated Press.
The National Lumber Manufac-
turers' Association reported that
lumber production for the week
ended June q stood at ISL per cent
of the average Of the corresponding
week 1868, and shipments l60 per
cent.
Production totaled 73,8l6.o00 feet,
which was per cent greater than
the previous week, and 3 per cent
less than the corresponding week a
year ago.
Shipments aggregated 305 1893 900
feet, which was per cent greater
than the previous week, and 5 per
cent greater than last years CORE
spending week.
Orders booked were for 297 ,259 ,00O
feet, which was 2 per cent greater
than the previous week, and II per
cent less than the corresponding
week last year.
Evening star., 1942-07-05
Tax Overussessments
Reported by Bureau

By the Associated Press.
The Internal Revenue Bureau re-
ported that Continental Securities
Corp. CA. A. Ballantine. trustee in
reorganization New York, had been
oVerassessed s285,215 in taxes from
January 1 to June 80, 1910, and that
the claim had been withdrawn.
Among ether overassessments de-
termined and actions taken were ::
Kate F. Merle-Smith, S32O18 for
1888, credited: James Talcott, Inc.
New York, s26987, refunded; Edith
H. de Long, deceased, New York,
s50,919 for 1899, refunded: Com
mercial Union Assurance Co., Ltd,
New York, s83,253 Tor 1929 through
1887, refunded s49,648, credited
$7,895 and withheld the remainder
to apply to deficiencies of 1889.
Evening star., 1942-07-05
June Stock Sales Show
Small Gain Over May
By the Associated Press.

BY the Associated Press.
NEW YORK, July 4.-Transfers
on the New York Stock Exchange in
June were slightly ahead of the pre-
ceding month, but substantially
below sales in June, 194l, the ex-
change announced.
Total turnover of 7,466, ,443 shares
in June, compared with 1929 OCT in
May and l0,46l,8l3 in June, last
year.
Bond sales of s133,776, 300, par
value, were the smallest since Febru-
ary, 194l, and compared with s156,-
658,450 In May and $l49, ,426,oo0 In
June, 1941.
Evening star., 1942-07-05
Atlas Powder Workers
Back Bond Drive

Special Dispatch to The Star.
NEW YORK, July 4.-More than
80 per cent Of the more than 10000
employees of Atlas Powder Co. are
now buying War bonds through reg
ular payroll deductions.
This figure includes thousands OF
workers now employed at Govern
ment-oWned ordnance plants oper-
ated by Atlas, as well as those at
the company's own plants.
One hundred per cent Of the en-
ployes at four different plants are
participating, while II other loca-
tions are more than 80 per cent
signed up.
Evening star., 1942-07-05
Hog Prices Ignore
Ceilings in Climb
To kewP Peaks
OPA and Agriculture
OfficioIs Confronted
With Big Problem
BY WILLIAM FERRIS,


CHICAGO, July a. The hog
market last week was back where
it had been before permanent CELL
ings were placed over wholesale and
retail pork-advancing to new highs
almost daily, and confronting Office
of Price Administration and Depart
ment of Agriculture officials with a
very delicate problem.
From May Is through June 19
the market remained fairly we'll un-
der control. During that period
prices never rose to the height at
tanned before the OPA set perma-
nent wholesale pork ceilings.
This was a period of illusion. 1t
has ended in another rousing mar
ket advance. Beginning last week,
prices began to approach the former
peak Of S14.65 a hundred. On Fri
day, June 26, they went through to
$1470. After declining early this
week, they bounded back and closed
Friday at top of $1490-highest In
Is years.
Receipts Decrease.
The advance this week was sup
ported by smaller receipts. strong
demand from Eastern shippers sup
plying pork to Atlantic Seaboard
States, and heavy Government
lend-lease pork and lard purchases.
That farmers are getting more for
their hogs than the Bureau of Agri-
cultural Economics of the Depart
ment of Agriculture thought they
would with ceilings on dressed pork
appeared obvious from q recent
statement of the bureau.
On June 26 the bureau was quoted
as saying that, in recent weeks, hogs
have been around so cents higher
than normally would be expected at
current level Of pork and lard prices.
Prices for hogs are now about 25
cents higher than when the bureau
made its statement.
Small Packers Hurt.
Smaller packers, who do not sell
to Government lend-lease buyers,
have grown consistently more an
noyed at the situation, which, they
claim, makes 1t impossible for them
to operate profitably. Spokesman
for such packers said Thursday in
Washington that If they did not OBJ
tain relief they would fight the mat
ter out in court.
Meanwhile, representatives of
livestock producers, meeting in Chi
cago, wired to Secretary of Agricul-
ture Wickard their opposition to
ceilings on live animals.
Evening star., 1942-07-05
Listed Stock Values
Up Slightly in June
BY the Associated Press.

BY the Associated Press
NEW YORK, July 4.-The New
York Stock Exchange reported today
that at the close of business June
80 the exchange had listed 1863 $780,
158 shares of stock with an aggre-
gate market value Of s33.419.047.7 .743
for an average value per share Of
$22.73.
A month earlier the average value
of $22,40 per share was based on
1859 1884 shares with a total
market value of $32 1913 ,225. The
number of issues was unchanged at
OaO
Evening star., 1942-07-05
Lead Pool Quote Set
By Production Board

Py the Associated Press.
The War Production Board has
directed that lead reflners set aside
each month IS per cent of the
amount of lead they produced in the
second preceding month.
Under this order, the July lead
pool subject to Government orders
will be IS per cent Of May produc-
ton.
Evening star., 1942-07-05
Virginia Bank Call
Issued by Downing

BY the Associated Press.
BALTIMORE, July 4.-John w
Downing, State bank commissioner
has called for reports of the condi-
ton of all State banks and trust
companies as of June 80 1912.
Evening star., 1942-07-05


bushels.
In addition to these grains,
sorghums, soybeans and hay enter
into the feed picture as does the
condition of pastures. Condition
of all hay crops was reported better
on June than a year ago while
pasture condition was 88 per cent
of normal compared with 70 per
cent. Greatly expanded cultivation
Of soybeans, from which meal is
obtained, is under way and grain
men expressed belief reduced wheat
acreage and knowledge that live
stock demand will be great will re-
suit in large acreages of sorghums
and hay. Hay supply, plus carry
over, Is expected to exceed 100000 :
600 tons while record supply of
oil seed cake and meal, perhaps Is
per cent greater than in 194l-42,
is in prospect.
Carryover Reduced.
Based on conditions early in June
the Government estimated total sup
ply Of four principal feeds for the
l942-43 season would be about 4
percent below the near record of
194l-42 due largely to heavy con-
sumption the past few months which
has reduced the carryover. If this
is true. it is estimated the supply
per animal may be 10 per cent
smaller.
Higher hog prices and improved
demand for flour strengthened
principal grain this week. At the
close yesterday wheat was Sal cent
higher than a week ago, corn 3s-sa
up, oats 7s-lA lower and rye 7a-l1s
higher.
Evening star., 1942-07-05
| American Gas
Reports Drop
| In Earnings
a, ths Associated Press.

BY
NEW YORK. July 4.-American
Gas a. Electric Co. and subsidiaries
today reported for the u months
ended May 81 consolidated net in
come ot s13,255 ,933. or s2.5s q COM
mon share compared with $l4,-
100 ,O49. or $3.50 a common share in
the like preceding period.
Operating units of the utilities
holding company serve communities
In Ohio, Pennsylvania, New Jersey
Indiana, Kentucky and TennesAe.
Evening star., 1942-07-05
Montreal Prices Mixed.

MONTREAL, July 4 (P).-Tradine
was of slim proportions on the stock
exchange and curb market today
Trends were mixed.
Gatineau per cent preferred
picked up fraction in utilities on
the stock exchange and Brazilian
slipped bit.
Imperial was loser in oils and
AgneW-Surpass preferred amplifed
Fridays loss in miscellaneous.
Firm and unchanged were Gati-
neau common, Ogilvie Flour, Howard
Smith, Dosco "B" and Alberta Grain
preferred.
Industrials were steady and un-
altered on the curb market. Issues
boarded were Beauharnois, British
American Oil, Commercial Alcohol
and Power Corporation second pre-
ferred.
Siscoe dropped back a little in
mines and Pandora was even.
Evening star., 1942-07-05
More Women Wanted.

A man in wide touch with indus
trial plans told this reporter IAN
enormous hiring of women, much
greater than has yet been predicted.
seems inevitable" He said that by
Christmas. or early next year, the
development would begin to become
apparent to the average citizen.
An observer In the aircraft indus
try. where the employment of wom-
en- is growing more rapidly than in
most plants, said:
I'm airplane factories women have
shown that they can do practically
anything men can do, and there are
some jobs they do better than men.
Most Of the work is light, so there
isn't much question of strength In.
volved."
A major war contractor reported
he had several women engineers at
work, wished he could get more"
Evening star., 1942-07-05
.TradersCheered
By Moderate
Stock Rise
Wall Street Observes
Holiday in More
Hopeful Mood
BY BERNARD S. O'HARA,

NEW YORK. July A.-The sea-
sonal July upswing in the stock
market got under way with mod
crate vigor this week and Wall
Streeters today celebrated the indie
pendence holiday in more cheerful
mood than they had exhibited for
some time.
The list ended the short week
Friday-major exchanges through
out the United States recessed Sat-
urday-with prices generally moving
higher. In the final session rails
again were the liveliest performers
and gains ranged from fractions to
a point or so for favorites. There
were few broader climbers.
Most Gains Retained.
Some Of the favored war infants
OF Thursday, spurred by Prime Min
lister Churchill's predictions of a
lengthy conflict, lost little of their
buoyancy. although most emerged
on the upside time issues
came to the fore as the battle bulle-
tins from Egypt turned a bit more
/ oPIlilloJlS
In the Friday stretch U. S. Rubber
| preferred ran up Az points to new
1912 high on a few sales. Santa Fe
| advanced a point to it's best level
since 1888. Forward shifters in
cluded American Telephone, U. S.
Steel, Eastman Kodak, Anaconda.
Chrysler, Sears Roebuck, Douglas
Aircraft and Standard Oil of New
Jersey.
A pickup in volume during the five
days was comforting to commission
| houses. The turnover in June was
the smallest for the month since
1914.
Average Closes Higher.
| The Associated Press average of
so stocks finished at 35.8, up Z of
a point on the week, widest upturn
since the week concluded June 6.
Offerings dwindled Monday de-
spite the cloudy war dispatches and
enough buying came in to tilt the
averages higher. Rails especially
were accorded bids as expanding
revenues for the principal roads
revived thoughts of reinstated or
boosted dividends Trends turned a
bit uneven Tuesday and Wednesday
but got back on the forward push
in the concluding two days.
| Carrier bonds held the greater
part of the play in the loans de-
partment during the week. Com
modities, for the most part, were
well in front. At Chicago hogs hit
new 16-year peaks.
Toronto Market Firm.
TORONTO, July 4 (P).-The stock
market had about the dullest session
OF the summer today, trading only
about $4,000 shares and around halt
the total was in Ontario nickel. The
Colds were a bit heavy and prices
for other groups were firm.
Mcintyre weakened p to 391a
Lake Shore was down 20 cents to
8.05, Buffalo-Ankerite dropped 10 tc
/ l.50 and losses of to cents came
out for Macleod Cockshutt, Sheen
| Creek and Beattie.
! Steep Rock added 3 cents to the
Friday gains, selling at 103, Sher-
ritt was off a cent to 81 and other
base metal stocks remained un-
changed.
Fractional gains were posted by
Bell Telephone, Union Gas and
Stuart Oil preferred and Alberta
Grain preferred advanced 11a to 25
| MasSeV-EarriS coror,oo, uos dou,r, a.
to 3ls and Howard Smith weakened
2 to9
a gain of cent for Anglo Cana
dian to 43 was the only change in
the Western oil list.
Montreal Prices Mixed.
MONTREAL, July 4 (P.-Trading
Evening star., 1942-07-05
Growing Labor
Scarcity Hints
Drastic Moves
Federal Orders Aimed
At Every Employer
And Workman
BY FRANK MacMILLEN,
Wide World RaIstnAss writer

NEW YORK, July 4-When the
War Manpower Commission this
week issued the first eight of its
"directives"-they are called orders
by most industrial men here-they
high lighted the growing scarcity OF
many kinds of skilled labor and at
the same time made clearer the
restrictions which will be placed on
labor management relations for the
duration of the war.
Business Week, widely read by in
dustrial men, said in its current
issue that the directives. specifically
addressed to various Government
agencies, might lead an employer
to conclude that "he Is not directly
affected, but he would be wrong
dead wrong"
1t also said the new orders. de-
signed to promote effective mobili-
Zation of manpower, are aimed
straight at every employer and at
100000 men between the ages of
l8 and IS who must either carry
a gun or help turn the wheels of q
war plant.
1t concluded:
TITS all voluntary-so far. Pres
sure against non-co- operators at the
outset will be no worse than un-
favorable publicity.
Carries Big Stick.
"But II the War Manpower Com
mission doesn't get cooperation it Is
ready to coerce-even to Jail SEN
tences."
Reaction among plant mana
gerial men appeared still a bit con-
fused over the orders from WASH
ington, since they included such
far-reaching changes in existing
practice as direction to the United
States Employment Service to place
each worker in the most essential
work, regardless of the location Of
the employment" and to use every
reasonable pressure to make sure
that men with specialized skills used
the most essential Of these even II
this meant changing jobs.
Perhaps reporters notes, still
without definite conclusions. may
give the clearest picture of how
thinking is running here on the i'm
portant step of really lining up
manpower to get the war production
job done.
If the notes are random, so are
most of the reactions 50 far among
industrial people.
Girdler Cites Needs.
Tom Girdler, top executive both
OF a major steel concern (Repub-
lic) and major aircraft manufac-
turer (Consolidated) told reporters
his companies and practically all
industry were suffering from q
shortage Of skilled, semi-skilled. al
most or partly skilled labor" In
nearly every category.
Discrimination Opposed.
The National Association of Man.
ufacturers reported it was contin-
uing studies begun months ago on
the utilization of colored workers to
augment the manpower supply, and
its president, William P. Witherow,
Pittsburgh steel and machinery
man, reiterated statement made
months ago to colored organiza-
ton that we are opposed to arbi-
trary discrimination against EN-.
ployes because of race, sex or age,
because Of membership or non mem.
bership in labor organization"
Paul v. McNutt. chairman Of the
Manpower Commission, nearly ech-
oed Witherow in saying that some
hoary traditions may fall" in re-
gard to race, color. age or trivial
disability. In the effort to get all
manpower to work on war produc-
ton.
More Women Wanted.
A man in wide touch with indus
trial plans told this reporter IAN
Evening star., 1942-07-05

(Above figures in millions OF
bushels.
Evening star., 1942-07-05

Tom Girdler, top executive both
OF a major steel concern (Repub.
lic) and a major aircraft manufac-
turer (Consolidated) told reporters
his companies and practically all
industry were suffering from q
shortage Of skilled, semi skilled, al
most or partly skilled labor" In
nearly every category.