davidaulloa/AmericanStories huggingface dataset:
Evening star., 1942-09-16

member OF the T. T. MONTGOMERY.
Washington Stock Exchange and a
former president of the Bond Club
of Washington.
Mr.. Walford is a graduate of the
law department of Vanderbilt Uni
versity also served in the World
War, and has been associated with
the Waggaman, Brawner investment
firm for the past seven years.
Further Traffic Rise Seen.
Railroad passenger and freight
traffic may increase approximately
Is per cent in 1943, M. j. Gormley
of Washington, executive assistant
of the Association of American Rail-
roads, predicted in an address before
the Great Lakes Regional Advisory
Board in Toledo today.
War production is certain to in
crease, as will Army and Navy troop
movements. Passenger business will
60 up as the use of rubber tired and
gasollne-driven vehicles decreases.
while oil and all-rail coal movements
will add to traffic, he said.
Postal Savings at New Peak.
Depositors' balances in the Postal
Savings System showed more than
seasonal gain during July and
reached a record total of s1,32e.-
100000, the Treasury announces.
This compares with $1,316, 900 900 in
June and $1,3O7 900 900 in July a
year ago.
The Treasury has leased a large
amount of additional space in the
Nash Building in Chicago which
will be used by the War bond pub
licity department. The new space
will accommodate 400 employees and
tons of files.
Riggs National Stock Up.
Ten shares of Riggs National Bank
common stock sold at $50 on the
Washington Stock Exchange today.
Jump of 5 full points since the last
recent transfer. The market closed
with 245 bid and 255 asked.
Woodward & Lothrop common
and preferred stocks have been add
ed to the list of securities now being
quoted ex-dividend Regular divi-
dends will be paid in few days.
Financial District Comment.
M. F. Calnan, president of the Lib
erty National Bank, noting BIRTH
day anniversary today, received
fluctuations from John A. Reilly,
president of the District Bankers
Association.
Mrs. M. F. Buckingham, cashier of
the City Bank, returns shortly from
a vacation in New York.
Young college women are being
trained in the duties of ticket selling
and train information in a school
opened in Philadelphia, it was an
| nounced here today.
Evening star., 1942-09-16
Of September that the parity basis
remain as it is.
President Hands Off"

The President himself, meanwhile,
adopted a hands-of policy for the
time being, telling reporters at his
press conference yesterday that he
preferred to let Congress work the
problem out by itself.
Secretary Wickard indicated yes
terday that the Government was
prepared to aid farmers in main
tanning full parity through crop
loans and purchases, when he said
his departments support of prices
for number of commodities may
have to be increased for 1943."
''The department, or some other
Government agency, may have to
absorb some losses in order to pre-
serve ceilings and prevent further
increases in the cost of living" Sec
retary Wickard said.
Bittner to Give Labor Views.
Labors attitude toward the pro-
posal that wages be stabilized at the
August IS level was to be presented
by Van Bittner. vice president of the
CIO, with the probable hearing also
Of William Green, AFL president.
Chairman William H. Davis of the
War Labor Board testified yesterday
that the proposal introduced by Sen
ators Brown, Democrat, of Michigan,
and Wagner, Democrat, of New
York, seems adequate" for wage
stabilization, although he felt the
board should not be required to
adhere rigidly to wage rates of Au-
gust Is because that might work
some inequitieS.
Republican Senators postponed
their meeting to discuss the minor
ity attitude toward the anti-inflation
Evening star., 1942-09-16
Power Output for Week
IL Pei. Over Year AGO
BY the Associated Press

BY the Associated Press.
NEW YORK, Sept. 16.-Electric
power production continued at a
high rate over the Labor Day holi-
day, the Edison Electric report for
the week ended September IL
showed today.
Electric energy distributed during
the week totaled 3,570,919 900 killo-
watt hours. 1872 per cent more than
the total for the corresponding week
of 1941, full week
The previous weeks total was g.
672,o2l 900 kilowatt hours, lust a
shade under the record high estab-
lished in the week ended August %.
For the two weeks ended Septem-
Der IL. comparisons by regions with
year ago showed the Pacific Coast
used % per cent more energy than
in the comparable two weeks of 194l.
Both periods included Labor Day.
Other regional advances from last
year were: Southern States, 1873 per
cent; Rocky Mountain, 12.1: West
Central, 100; Central Industrial, 80:
New England, 7.9, and Middle At
lantic, rs.
Evening star., 1942-09-16
Stock List Closes
Steady; Speeia|ties
Register Gains
Prices Rise After EorIy
Soeeiness; Roll Bonds
In Strong Demand
BY VICTOR EUBANK,
Associated Press Financial writer


NEW YORK, Sept. l6.-Except-
ing heaviness in the merchandising
group, stock market leaders were on
stable ground today and a number
of specialties registered gains rang
ing from fractions to a point or
more.
Over the general list prices inn
proved after some early sogginess.
Well in front in the final hour were
Du Pont, Union Carbide, Eastman
Kodak, Owens Illinois and American
e. Foreign Power $6 and 81 prefer
reds. The power issues reached new
1912 tops. Twin-City Rarid Transit
preferred added points to Its recent
steep climb. -
Transactions were around $4,000
shares.
Sears Roebuck fell a point or 50
, and Montgomery Ward and Wool1
worth were in minus territory most
of the time. A
Steels. motors and aircrafts had
no buoyancy although several
worked out of fractional declines
established in the morning. Rails
| were mixed.
The cautious quality of buying in
| the key issues was linked with the
| still cloudy atmosphere surrounding
tax bill framing and anti-inflation
plans. =
Rail Bonds Strong.
The bond market held a fairly
| even course today with strong sup-
port from the rail section. =
Going into the final hour many
carrier loans were in new high
ground and trading was active In
spots. A sudden burst of speed by
American & Foreign Power SIS sent
that issue up around / q points with
sales exceeding 100000 in the first
four hours.
While leaders of the upturn In
recent sessions encountered scat
tered profit taking and showed
signs of firing, new pace makers
developed as buyers switched to
those issues which received only
scanty attention lately.
Nearly a dozen bonds of the New
Haven Railroad ran up major frac-
tions to point in fairly active deal
ings. They included the convertible
3hs, collateral IS and general 31as
and As. st. Louis-San Francisco As,
41as and SIS tackled on additional
fractions and moderate demand
came in for Seaboard Airline con-
solidated IS, South Pacific AIS, Bos-
ton & Maine, 41as, Chicago g. Alton
IS and International Great Northern
first IS and SIS.
i Resting at slightly lower levels
we're Baltimore g. Ohio stamped con-
vertibles of go, Rock Island refund-
ing Is, Columbia Gas IS, New York
Central 41as. Northern Pacific AIS,
Philadelphia & Reading Coal &
Iron SIS and Youngstown Sheet e.
Tube Is.
United States Government were
quiet but steady.
Chile IS and Dominican Republic
51as were among foreign loans i'm
proving.
Evening star., 1942-09-16
Washington Produce

BuTrERNes ;es score. tubs, 4s; 1-pound
score tubs 44ia: I-pound prints, IS;
prints, 45H: 80 score, tubs, A: i-pound
prlnts' 44la; pound prints. As: SO
score, tubs. 43h: pound prints, a.:
4-pound prints, 44Ha: So score, tubs, AZ:
1-pound prints. 43h: A-pound prints, "a.
IVES T o K-Calves, Is: spring
EsE and Live Poultry Markets
Daily report on washington Agricultural
fob. Washington:
Eggs--Market firm Prices paid for
Federal-State graded eggs received from
grading stations (September l6}: Whites,
y. s. extras large, 4Sa-5O: average, 49,.
y: s. extras. medium. 44-46: averase,
son; o. s. standards, large, 43-45: aver
age, II: U. 8. standards, medium. 40,
" s. trades, 3s. Browns, o. S. extras,
large. 4S-49; average. 4s1s: b s. extras'
mealum. 42Ha-44; average, 43; o. s. stand
aras. large, 42-44; average, AS: u. S.
yyIanoaIds, 81 medium. 37-3Sh; AVERAGE 3s:
eurSent S trades rsss,rt a. Nearby ungrsded eggs:
e9.ors e9ns * Il, Receipts. Government-sladed
Live poultry-Market about steady
row row. colored. pounds and up, aisS;
some premiums being paid for heavier
Swelghts: under 5 pounds. 1890: Lerhorn
mems, DE pounds and UP, 1915; No o..
lO-l l.. BOOSTERS, l4-16 Chickens, T,eia,
ware, virginia and Maryland, Rocks and
S[ossss nroilers and fryers. ali sizes, 26I,-
-, NO. Is. 20; Reds 25. LeghoruS o5
turkeys young, toms and hens $3.50.
Evening star., 1942-09-16
Madagascar
Continued From First Page. J

landing forces probably came from
ships which had been held in re-
serve.
The British, who seized the naval
base at Diego Suarez in Northern
Madagascar last May, sought COM
plete occupation of the island tc
prevent its use by the Axis. Local
French administrations in areas
thus far occupied have been left in
charge.
Gov. Annet's decision to ask for
an end of nostilities was reported
broadcast by the Tananarive radio.
The broadcast said Gov. Annet
was sending plenipotentiaries to the
British commander asking for a
cease fire" order and the opening
of negotiations.
Statement by Governor.
The broadcast was in the form of
a personal statement by Gov. Annet
of his intention.
Fifteen minutes later the same
news was confirmed by the radio
station at Diego Suarez, which is
held by the British, Reuters news
agency said.
While there was no confirmation
of the report from other sources,
Gov. Annet advised the Vichy gov
ernment yesterday that the situa-
ton there was one of extreme
gravity"
The British, he said, had captured
the village of Antsiafabositra after
occupying Maevatanana, $50 miles
by road from Tananarive.
After the new British landing on
the island Thursday one column
drove southeast from Majunga and
captured Antsiafabositra.
Evening star., 1942-09-16
kanpower Shortage
Worries Steel Mills,
Iron Age Reports
Scrap Metal Secretly
Threatens Shutdowns
At Big PIonts
By the Associated Press.

By the Associated Press.
NEW YORK, Sept. 16.-The steeel
industry continued to operate under
the handicap of a stringent scrap
situation, in some districts. and on
top of that manpower shortage is
developing fast Iron Age said
today in its weekly review.
More steel plants were reported
this week closer to the ragged edge
as far as scrap is concerned. In
some areas improvement was re-
ported. The Pittsburgh and Youngs-
town steel-producing areas are in
vulnerable position for shutdowns
unless renewed activity in the scrap
collection drives produces satisfac-
tory tonnages."
10-Hour Day Discussed.
Regarding the problem of man.
power for steel companies and in
dustry generally, Iron Age said:
while no industrialist would care
publicly to advocate a return tc
the 10-hour day in the steel and
other industries, it is clear that this
is a step which must be considered
and, perhaps adopted after the un-
avoidable political maneuvering by
labor unions, Government leaders
and other groups. ~.
Some industrial observers believe
that while the eight-hour day is
highly desirable in peacetime, it Is
hardly part of waging total war.
Bessemer Output Probed.
The review added.
This week the War Production
Board had turned it's attention te
finding out why Bessemer steel pro-
duction has not increased durine
the last few months. Since last
April, Bessemer output has beer
about 80 per cent Of capacity
Whether this is due to Cd lack Of
demand, ca lack of sufficiently high
priorities, or 90 use of more Bes.
semer metal in open hearth furnace.
is to be determined.
"Steeel production for the country
as whole rose a point this weel
to 80 per cent Of capacity"
Evening star., 1942-09-16
Messages May Be Sent
To Men Held by japan
BY the Associated Press.

BY the Associated Press.
The Red Gross announced yester-
day that messages to prisoners of
war or servicemen missing in action
in the Southwest Pacific would be
carried on the exchange ship Grips
holm, sailing soon.
Messages should be filed immedi-
ately with local Red Cross chapters
They must be confined to Is words
and complete information as to the
addressee's name, number. rank,
military unit and his last-known
address should be given. Where pos
sible, the Red Cross said, relatives
and friends should join in sending
one message.
The International Red Cross dele
gate in Japan will make every effort
to deliver the messages. While the
Red Cross explained it could give
no assurance of delivery, the method
has been adopted in agreement with
the State, War, Navy and Post Office
Departments because the Japanese
have not yet furnished official lists
Of most American prisoners.
Evening star., 1942-09-16
Police Push Hunt in $500
Telephone Office Theft

Police today were searching for
the thief who stole between $500 and
$500 in bills yesterday from the desk
of a first-foor Office of the Chesa-
peake & Potomac Telephone Co.,
725 Thirteenth street NV. The
complaint was made by Henry C.
Walden, 1927 Wisconsin avenue NV,
an employe of the company.
Police also were investigating
complaints of Miss Pan Lyons and
Miss Ruth Lowe. residents of the
1900 block of Euclid street NV.
who reported they were robbed of
$26 in separate thefts early today.
Miss Lyons said she saw a colored
man sitting on the edge of her bed
and her screams forced him to flee
She found $l8 missing from a bill
fold. Miss Lowe reported So stolen
from billfold in the dresser of q
rear bedroom.
Evening star., 1942-09-16
Chicago Livestock

CHICAGO. Sept, 1e up Omitted States
Department Of Agriculture) .-Salable hogs.
1900; iissdG total $1,000: fairly active: fully
butchers 230 pounds up: 22O-3OO pound
barrows and gifts. 14.25-35; top, ID 40;
choice 2O0-2l0 pounds. 1425-3O: limited
numbers n, I60-S0 pounds. 1901 90: .sows
N instances 1915 higher; good to choice
300 pounds down. l3.90-14 10: good 400
$50 pounds, 13.5O-S5
Salable cattle. $4,000; calves. 500: few
loads choice steers and yearlines steady on
order buying account but general steer
trade slow most bids and undertons %
lower; best weighty steers, 1925: yearlings,
1900 heifers in sizable supply. also slow;
tew sales 1875 off; best. 1925: cows slow
at II o0 down: vealers weak: choice. | 6 90
salable sheep. 5000; total. 10000; late
TUESDAY: Spring lambs mostly steady; few
lata sales slightly lower; top Western and
native springers, 1890: bulk, 1923 up;
choice handyweight yearlings, 1925: to-
days days trade; s Spring lambs opening fully
erns, IA 0O-25; few GOOD to choice motives,
! so; asking 1873 for best kinds year
iings strong to 25 higher; four doubles
l2m-pound rangers, 1925 with choice To-
ca!ly-fed 1870: fat sheep steady; bulk
native ewes. 5.50-6.00.
Evening star., 1942-09-16
Baltimore Livestock

c. BALTIMORE, Sept. Is 1P Omitted
states "a Department Of Agriculture}.wiI
Cattle-500. Early offering lisht. som.
n.esIs oelng held for Thursday trade. inad
neoium 1,04o pounds, 1915; load I031,-
pound good grassers. 1880; steady: under
oone manly steady on odd head lots cows
eng O. ouls canner and cutter cows, q 5,O
80; Iew good cows to IL 90: common and
"e9llm sausage bulls. S.50-1O so.
CaiVes--75. Market generally xtesdv.
TOP: ! DO: good and choice vealers, il "a.
1922; movement slow on heavy best At
Hogs-350. Uneven butchers over ,.o
sod podnds dovn and itsoS soWs higher a20 pounds
limit l4.65; 12O-13O pounds * s6ISi
pounds ouneso pSg5 ppSSunds' oi3s9-s5
%: ls0-o20 pounds. 14.46Sh: seo.SdS
559unaas; $50 az $3.50; 240-26o pounds, i4fC-
20 say opp99-;,po $40 pounds, l3.90-14IS: sow,.
sols s,sna mainly oo at outside prices. '''"e'''
,o nnieepn-loo Meager offering: market
100-1l.50. y" Hooo iamos'
Evening star., 1942-09-16
Chicago Grain
BY FRANKLIN MULLIN,

ASSOCIATED Press Market Writer)
CHICAGO, Sept. 16.-After fluc-
tuating nervously over a range of
about cent bushel, wheat prices
today closed fractionally lower as a
result of profit taking and hedging
sales.
Corn sagged about a cent a bushel
and rye as much as cents.
Continued heavy receipts of spring
wheat at Minneapolis were accom-
panied by some hedging in the fu-
lures pit but profit-taking also was
in evidence, particularly in the rye
trade. Reports that recent weather
had accelerated corn maturity weak
ened that market since one of the
largest crops on record is in the
making. Most traders were con-
fused by price control Developments
in Washington.
Wheat closed unchanged to u
lower compared with yesterday
September 1885. December 1861
%; corn 1s-1 lower, September 82sa,
December 85as-h; oats hs-as down
soybeans A-as of; rye 1A-1%
Evening star., 1942-09-16
Initiation
CONTINUED From First Page.)

wages so far as practicable" at the
levels prevailing August Is. Price
ceilings for agricultural commodi-
eies could not be established at less
than parity, or the highest market
price prevailing between January
l and September Is, 1912. Under
present law, such ceilings may not
be established under ITO per cent of
parity.
parity is level calculated to
give farmers purchasing power
in terms of non-farm goods and
services equivalent to that of a
past favorable period, in most
cases 1909-l4l
Will Hear Cotton Belt Views.
The Senate Agriculture Commit
tee called special meeting to hear
a group of State agriculture COM
missioners from the Southern States
express their sentiments toward the
pending price-control bill and its
probable effect on farm prices.
Will Offer Two Resolutions.
Senator Thomas, Democrat, of
Oklahoma said he understood the
cotton belt group would offer two
resolutions to the Agriculture Com
n1ittee. One would oppose any blan-
ket granting of powers to the Presi-
dent by Congress. The other would
ask that suitable wage controls be
linked with any control of farm
prices
They don't want the farmer to
be sacrificed for labor" Senator
Thomas said
Members of the farm bloc in Con-
eress have proposed that the cost
Of hired hands be included in the
computation Of parity in farm
prices Farm labor costs are disre.
earded in the present parity esti.
mates.
Wages would be considered in tn,
future under a farm bloc stabiliza
ton bill by Representative Steagall
Democrat, of Alabama, which come
up for a hearing before the Hous'
Banking Committee today. Secre
tary Of Agriculture Wickard, as vel
as Price Administrator Henderson
IN their appearance yesterday, sup
ported President Roosevelt's reques
Evening star., 1942-09-16
Another Record SET
By Washington Gas
Sales in August
Eight Months TotoI
Also at New Peak
For Thut Period
By EDWARD c. STONE

Continuing their sharp 1912 ad
vances. sales of the Washington Gas
Light Co. during August and the
first eight months of this year es-
tablished another new ceiling for
both periods, company officials an
nouneed today.
August sales totaled 848.305 m.cf
(thousand cubic feeD compared
with 743,684 in August a year ago
a jump of 104,621 m.cf. or 1407 per
cent, the report revealed.
Gas sales in the eight months,
reflecting constantly expanding war
activities, reached q new peak of
II 1897 ,060 m.cf,, in comparison
with 9,960,279 in the corresponding
months of l94l, notable increase
of 1,436,763 or 1173 per cent.
Gas sales in thousand cubic feet,
so far in 1912, compare as follows
with the like months in 194l:
Evening star., 1942-09-16
FOREIGN Exchunoe

NEW YORK, Sept Is LP.-Lste for
eign exchange rates follow Great Britain
IN dollars, others in centSl:
Canada: Official Canadian Control Boa rd
rates for United States dollars: Buying, 10
per cent premium selling, IL per cent
premium. equivalent to discounts on Ca
madam dollars in New York of buying. 9.9l
per cent: selling, 9.09 per cent.
CANADIAN dollar in New York, open mar :
United States cents. up i. cent
Europe: Great Britain official tBankers'
Forefgn Exchange Committee rates) buy
4.04.
Latin America: Argentina, Official, 2p77;
free, 23.7s: Brazil, Official, 6.05n; free.
6.2on; Mexico. 206sn.
Rates In spot cables unless otherwise
indicated. = Nominal.
Evening star., 1942-09-16
New Boston Bond Issue

NEW YORK, Sept. 16 tP,.-The
Boston metropolitan district will re-
ceive bids September % for 1885,
GOO OF new bonds to be dated Octo-
Der Is and mature In / to as
years. The issuer is the Transit
Authority for the city of Boston
and adjacent communities.
Evening star., 1942-09-16

Wa AAiS WIG Nc KIN
in 1897; he start
ed his financial
career at the
b o t tom as a
messenger. He
received e arly Y
promotion a n d
has held very
responsible po-
sitions for t h e
last four decades.
A native of
Washington, he
re C e v e d his
early education
in the public
Evening star., 1942-09-16
Investment Firm Expands.

came dSSOClLSQ
with Ferris, Ex-
nicios & Co., in
the Washington
Building, George
M. Ferris an
nounced.
Mr.. Montgom-
cry h a S b e e n
with Waggaman,
Brawner for %
years, is a grad
uate of the Har-
ward Law School,
served overseas
in t h e Firs t
World War, is a
Evening star., 1942-09-16
New York Cotton
BY the Associated Press.

NEW YORK, Sept. 16.--Cotton
prices moved In q narrow range to-
day as trade attention focused on
Washington where further testi-
mony on the anti-inflation bill was
given before congressional commit
tees and farm representatives.
shaped up their strategy on the
measure.
Buying by locals and New Orleans
coupled with price fixing held prices
steady.
Late afternoon values were Is to
35 cents a bale higher, October.
l8.46, : December, 1859, and March,
1888.
Hedging in the final hour wiped out
earher gains and the market finished be-
low the previous close
Futures closed 10 to 80 cents a bale
Evening star., 1942-09-16
Mccain Reelected

FREDERICK, Nd, Sept Is (P.-
Alderman Russell H. Mccain, Fred
erick, has been reelected chairman
of the Frederick County Republican
Central Committee.
Evening star., 1942-09-16

Chicago Cash Market.
Cash wheat, sample, hard, 81; corn,
No mixed, :04a; No. yellow. s4-s5h;
"a q: No. 5. S2s4-s3 sample grade, yel-
low s0ha: No. i white, 1.Os1a: No 3,
lW; sample grade, white. O0h. Oats,
47-4994: No. 4, 43-47; sample grade.
white; white; 45. Barley, mailing, s2-l. 90, nomi-
70; No. 3 mailing. barley. SO. Field seed
per hundredweight. nominal. Timothy.
f;5o,s5 g. alsike, 16.00-19.50; fancy red
Evening star., 1942-09-16


the American Institute of Banking
In addition to his position in the
bank, he is manager of the Wash
ington Clearing House Association,
which is located in the Metropolitan
Building.
He was elected manager to sue
ceed his brother, Charles E. Bright,
who held the Office many years and
had been with the National Metro
politan more than so years when he
retired. The record of these broth
ers has been rarely If ever equaled
in any financial institution in the
Capital.
Investment Firm Expands.
Thomas c. Montgomery, long con-
nected with Waggaman, Brawner &
Co., Inc. and Charles Walford, with
the same investment firm, today be-
Evening star., 1942-09-16

War bonds are an investment In
Americas future. Nothing In the
world Is safer today. Buy!
Evening star., 1942-09-16
Baltimore Stocks
Special Dispatch to The Star.

Baltimore, Sept. 10
Sales. Stocks Htah Tow r1os.
ITO Arundel Corn ia ia Is
237 Baltimore Transit * ~ *
525 Bait Trns pfd SH. 6L 81
l6 Ga S&F Ry lst of 81, 6It al
% Ga S&F Ry I'd of 2 27<
200 Phillips Pack Of 100 1o1 1oo
1on 1on MMercn M " Miners 252 ASA 25Ea
101 U Fid 81 Guar oSI. S. 5si
BONDS ~o7%
5000 Bait Trns db As 4aM Aon. Ao1L
1000 Bait Trns Is A 5Sl, 5S1a 5sK
Evening star., 1942-09-16
Precipitation.

Humidity for Last "a Hours
lFrom noon yesterday to noon today)
Highest, 9b per cent, at $40 a m.
Lowest. 65 per cent. at 2 80 pm.
Evening star., 1942-09-16
Washington Exchange

SALES,
Riggs National Bank, conmon-10
at ESQ.
BONDS
Evening star., 1942-09-16
Report

tFurnihd "
District OF Coumbia-Continued
Maryland VgnaScaeed
early tonight; continued
Evening star., 1942-09-16
50 Years With METROPOLITAN.

0 Il O"fS FV1ufE A1CtIVpOIIVdH.
George H. Bright, assistant CASH
Ter of the National Metropolitan
Bank, completed so years service
with the institution yesterday. En-
Evening star., 1942-09-16

River Report.
Potomac and Shenandoah clear at
Harpers Ferry: Potomac slightly muddy at
Great Fails.
Evening star., 1942-09-16

program until tomorrow to give them
time, Senator Taft, Republican, of
Ohio, said, to learn more about it,"
Evening star., 1942-09-16

Others die for you; the least Won
can do is buy for them. Get your
War savings stamps now.