davidaulloa/AmericanStories huggingface dataset:
Evening star., 1942-05-24
Squeeze
Continued From Page C-6)

for victory program requires max
imum output of canned goods; O.
P. A. did not want prices to get in
the way of production by forcing
some packers to operate at loss.
And the Department of Agriculture
went right along with Price Admin
istrator Henderson. Secretary Wick
ard announced that the department
would pay Gamers 80 per cent Of
their individual gross ceiling prices
if they got stuck with their packs.
Basic Policy Seen.
This suggests a basic price phil
osophy: Whenever ceilings get in
the way of war production or pro-
duction essential for war, the CELL
ings will give But that means
manufacturers ceilings, not retail
ers'. Bearing this out, Henderson
this week announced that the gen.
eral maximum price regulation did
not apply to purchases by the Army,
Navy and Maritime Commission.
Meanwhile, the Business Week
index was off trifle. Production Is
still being subject to a two-way pull
war output is rising persistently.
but civilian-goSds output is declin-
ing. And no great gains in the in
dex are Immediately in sight. How
ever, as more and more metal
working plants are converted to war,
some further sharp advances are
likely-probably in late summer or
fall"
Evening star., 1942-05-24
Utilities
Continued From Page C-6)

ment Of costly overland haulage Gin
tank cars), and heavy war risk in
surance is adding to the cost of coal
barge movements.
The gain in revenues for the in
dustry as whole should, however,
absorb the rise in costs, and profits
before taxes will be we'll maintained
this year.
Holding Companies Differ.
The outlook for holding COM
panies is considerably darker than
for the operating companies High
er Federal taxes will cut much
deeper into holding company net
income, because of the leverage
factor. Dividends on common stocks
and on all but the most strongly
situated preferreds Of holding COM
panies must be considered subject
to downward revision or elimination.
Contrary to earlier expectations,
the S. E. C. has taken a position
against permitting the war emer-
gency to postpone holding company
liquidation and corporate simplifl-
cation.
The commission has been putting
increasing stress on the possibilities
of distributing holding company
assets directly to security holders in
liquidation, in preference to sale Of
assets for cash and distribution of
the cash. Obviously, except where
a holding company has sufficient
cash and prime securities in its
portfolio to satisfy the claims Of its
bondholders and preferred stock
holders, the ALLEGATION of assets
among the various holding company
security groups poses tremendous
problems.
Other Utility Divisions.
The natural gas industry with its
mounting armament industrial load
and stabilized costs has a favorable
operating outlook but, as in the
case of the electric companies,
heavier Federal taxation will result
in materially lower net income and
reduced dividends except where
coverage has been very wide.
The manufactured gas industry
is less favorably situated. Its in
dustrial load is relatively small, and
the dominent residential demand is
rather inflexible. Costs have al
ready risen, and while Federal price
ceilings will be helpful, some further
increases, due to higher transporta-
ton costs, are likely.
Growing restrictions on the use
Of private automobiles, together
with the tremendous employment in
the armament industries, are bring
ing record traffic and revenue gains
to the traction industry. Price
ceilings should permit fair de-
gree of cost control, particularly
if wages (Which consume some 40
per cent of gross revenues are held
down. Consequently, improved
profits are in prospect despite high
er taxes. However, from here out,
procurement Of equipment to handle
further trafic gains will present Sc
rious problems for many companies.
Evening star., 1942-05-24
Treasury Tax Notes
Continue Popular
By the Associated Press.

oy tne Associated Press.
Businessmen and others wishing to
set aside funds for. future income
tax payments have continued large
purchases Of Treasury tax notes
since the first major use of them
was made in March.
In March, $504,OOO, 900 of pre-
vlously purchased tax notes were
used to meet income tax debts to
the Government. But since then,
new sales of such notes have totaled
1884, 100000.
These notes. in addition to a large
quantity outstanding but not used
IN March to pay taxes. will be avail
able to meet future income and ex-
cess profits obligations of the tax
payers. Aggregate sales of tax notes
since they were placed on the mar
ket for the first time last fall are
So, ,462, ,787,5OO.
Evening star., 1942-05-24
Utility Bonds Firm,
Rails Irregular in
Narrow Range
Federal List Remains
Steady and Quiet
At Weeks Close
BY the Associated Press.

By the Associated Press.
NEW YORK, May 23-Utility liens
showed general firmness in today's
bond market as rails scored about
evenly in gains and losses Most
changes were limited to fractions.
Volume of 81, 1929 900 was the small
est since last September l3, against
$2,72O,900 week ago.
Closing fractions to a point higher
werer American Ss Foreign Power
SIS at 81, Commonwealth Edison
3las of SO at l08, Consumers Power
312s of 66 at 1861, Goodrich 41as
at 1884,, Northern Pacific IS at 1914
Pennsylvania 41as at 1925 and I'LL
nois Central 434 at A.
Showing final declines were
Nickel Plate 5l2s at tbs, Louisville
& Nashville 41as at 93Ea, and Chesa-
peake & Ohio 31as at 1904.
Moderate gamers in the foreign
sector included Cuba 4l2s, Brazil
61as and Australia SIS. Loans of
Peru, Rio de Janeiro and Norway
were lower.
United States Governments were
steady in quiet dealings
Evening star., 1942-05-24
Wholesale Business
Reduced Sharply
On Wide Front
Mail Orders Smallest
In Months and Fewer
Buyers Appear
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, May Wholesale
buying activity this week remained
restricted, the moderate volume of
new bookings in virtually all lines
contrasting with the exceptionally
heavy volume of only few weeks
ago, Dun e. Bradstreet, Inc, re-
ported today.
''NOtlCeably fewer buyers were in
attendance at central markets and
out-of-town mail orders were re-
ported at the lowest ebb in months
Shipments Of previously ordered
merchandise were still sharply above
last years. although some sellers
were holding up deliveries, volun-
tarily, or in some cases, on buyers
requests, until the price situation
could be further clarified.
Control Plans Watched.
Buyers policies in respect to for
ward orders and stock purchasing
were being influenced increasingly
by plans for Government inventory
control. according to wholesalers.
The heavy stocks already in the
hands of many large retailers and
the resulting reduction of cash re-
serves, along with diminished sales
turnover. were also thought to be
important factors restricting further
commitments.
THE price consciousness apparent
in consumers shopping had its
counterpart in the wholesale trade,
where any offerings of close-out
merchandise were speedily cleared.
Some buyers were reported asking
for reduced prices on untitled orders.
Sellers whose prices were not yet
fully corrected to new schedules
usually attached notations to de-
liveries indicating that correct in
voices would be sent later. Several
large retailers were said to be max
ing remittances with a clause at
tached indicating that prices were
being paid subject to subsequent
review.
Fill-in Orders Placed.
The sale Of fall clothing and
piece goods continued on an "at
value" basis. A substantial number
OF small flll-in orders was booked
for washable cotton dresses. sum-
mer suits and graduation and prom
frocks. Notions, linens, towels and
lingerie were in active demand for
current presentation.
AT the Chicago shoe fair, initial
ordering was reported up to last
years levels although many lines
OF mems shoes were completely
Withdrawn. Fairly heavy mail was
booked for some home furnishings
Recorders on curtains, lamps and
cotton rugs were reported numer.
ous."
Evening star., 1942-05-24
$3.50, 900 Offered
For Nebraska Power
BY the Associated Press.

BY the Associated Press.
OMAHA. May 23-The Con-
sumers' Public Power District of Co.
lumbus announced yesterday that II
had made a formal offer of $40 $50.
900 to the American Power & Light
Co. of New York for the Nebraska
Power Co. OF Omaha-the States
largest privately owned public util-
ity and the last major power firm In
Nebraska not under the districts
supervision.
The offer is for Nebraska power
properties, franchises and similar
holdings. In addition, Consumers
offers to buy Nebraska Powers ac-
counts receivables. prepaid accounts
such as insurance. and other SIM
liar items expected to boost the en-
tire deal to more than $43 ,000, 900.
Evening star., 1942-05-24
Government Controls
Supplies Of Arsenic
BY the Associated Press,

By the Associated Press.
The Government took control yes
terday over all deliveries by pro-
ducers and distributors of arsenic
Although emphasizing that no
critical shortage of arsenic was an
ticipated Immediately. the War Pro-
duction Board declared that 'it is
now considered prudent to conserve
our supplies to take care Of any
contingency"
The use to which arsenic is being
put in the war effort was described
as a military secret.
Evening star., 1942-05-24
FINANCIAL.
Holly Sugar Reports
S1,S10,777 Profit
In Fiscal Year
Equals $3.32 q Share,
Against $3.02 for
Preceding Period
BY the Associated Press.

BY the Associated Press.
NEW YORK, May 23.-Holly
Sugar Corp. reported for the year
ended March 81 net income OF
$1,8l0,777 after reserve for contin-
gencies and Federal income and ex-
cess profits taxes. After dividends
on the 7 per cent preferred stock
the balance was equal to 1892 9
share on the common stock.
IN the preceding fiscal year net
was 81 $50 ,6s9, equal to $500 a COM
mon share.
Wiley Blair, jr., president, re-
ported that the company's 1912 beet
sugar crop plans indicated the
largest contracted acreage in the
company's history, but final acre
age planted and harvested may
show a greater shrinkage than nor
NAL from contracted acreage as the
question of field labor for the crop
is a serious one"
The company has properties in
California, Colorado and wyoming.
Evening star., 1942-05-24
Prices
Continued From Page C-6)

public's indifference was notice
able"
So far the losses suffered by mer-
chants have been slight, in some de-
partments. but there are some pos
sibilities of further losses where fu-
ture purchases for replacement Of
stocks may result in the store hav-
ing to pay a figure as high or higher
than the retail sales price of last
March.
Consequently the merchant would
have to sell at loss, or at least q
badly squeezed profit.
Most wholesalers, however, one
merchant reported, have not been in
the habit Of ''gouging," 50 no fears
have been anticipated on this ac-
count.
More experience will be necessary,
retailers pointed out, before the full
effect of the retail price ceiling upon
business here can be analyzed.
Evening star., 1942-05-24
New York Bank Stocks
Odd-Lot Dealings

PHILADELPHIA. May % tF.-The, Sc
Surities Commission reported today these
dealers or specialists on the New. York
Stock Exchange for May %: 1.546 pur-
INVOLVING 4i.94e shares, including 81 short
Sales involving LOIS shares.
Evening star., 1942-05-24
THE SUNDAY STAR, WASHINGTON, D. G. MAY a. 1912
District Business Borometers

Business in the Capital scored further substantial gains April
according to completed yesterday by The Star
Bank cearngs reached altme peak number
telephones in service entered high levels
record receipts
at the City Post Once
years,
Evening star., 1942-05-24

ALSO extra or extras. e-DecIared
or paid so far this year.
Quotations furnished by National As
sociation of Securities Dealers Inc, which
states they do not necessarily reflect actual
transactions or firm bids or offers, but
should indicate approximate prices.
Evening star., 1942-05-24
Capital Securities
lover the eounter.)

The following nominal bid and asked
over the counter, as Of Saturday have
been assembled for The Star by Washing
ton members OF the National Association
of Securities Dealers, Inc:
Evening star., 1942-05-24
Industrial Index Remains
Close 10 Recent Peaks
BY the Associated Press.

BY the Associated Press.
NEW YORK, May 23.-Industrial
activity held close to its recent high
levels this week, but showed the i'm
pact of materials and transportation
controls by declining to l47.4 per
cent of the 1929-30 average from
147.8 a week ago. A year ago it was
at 1903.
The total number Of freight car
loadings on major transportation
systems fell below a year ago against
the normal seasonal trend and cleo
trio power output also declined
against seasonal expectations.
Steel mills kept production sched-
ules above 80 per cent of capacity,
but were working a shade slower
than the previous week.
Components OF the industrial ac-
tivity index. adjusted for seasonal
variations, compared with last week
and q year ago were:
Evening star., 1942-05-24
Washington Stock Exchange

y W.. Co. d
TRANSACTIONS
INCLUDING FRIDAY,
Evening star., 1942-05-24
Corporate Earnings

NEW YORK. May 90 R.-Corporste
earnings statements released during the
week. showing profits Der share Of com.
mon stock, included:
Quarter Ended March 81.
Evening star., 1942-05-24
New York Produce

NEW YORK, May 23 R.-Dressed
poultry quiet, all fresh and frozen prices
unchanged
Live poultry nominal. no quotations.
Evening star., 1942-05-24
PUBLIC UTILITIES.

Sales. PUBLIC UTILITIES.
$4,000 Ana d Pot Riv r r guar IS
1000 Ana b Pot Riv r r mod 8
97,500 CAPITAL Traction LIST IS 1941
5000 City / Suburban Ry mod 3N
5000 Georgetown Gas Light 1st s.
$4,000 Wash Gas Light 1st IS 1860.
10000 wash Ry d Fl cons As 1851
Evening star., 1942-05-24
U. S. Treasury Notes

NEW YORK, May % UP.-Prices quoted
In dollars and thirty-Se seconds.
Evening star., 1942-05-24

Plus
. In
Evening star., 1942-05-24
KiIowutt-Hour SuIes for District
Insurance Stocks

NEW YORK, May % LlP.-National As
sociation of Securities Dealers. Inc:
Evening star., 1942-05-24

1912.
9l,862,559
89,352,923
90,666,392
87,070,829
SiebenbuÌˆrgisch-Amerikanisches Volksblatt. [volume] (Cleveland, Ohio) 1917-1971, 1942-10-22
House Passes Anti-PolI Tax Bill
EnabIinq Thousands To Cast Vote
By consressmon France. P. Bolton

THE anti-poll tax bill. was passed
L last week after very heated de-
bate. The overwhelming vote for the
SiebenbuÌˆrgisch-Amerikanisches Volksblatt. [volume] (Cleveland, Ohio) 1917-1971, 1942-10-22

came home by Christmas. War
in l9l7 was a battle of armies.
Soldiers were essential. We could
no longer rely on volunteers. To
beat the great Prussian military
machine we conscripted men for
the armed forces. But produc-
tlon was strictly OF volunteer
basis.
"War in 1912 is a battle oil ma
tons - total war. Nearly every
soldier is a technician at some
task. No longer can a nation de-
pend upon musket over the
mantelpiece. Every company of
fighting men on land or sea or in
the air must have equipment to
do special tasks. Yes, outftting
each individual soldier requires
production. Not only must SOL
diers be mobilized, but workers
must be modified, too"
SiebenbuÌˆrgisch-Amerikanisches Volksblatt. [volume] (Cleveland, Ohio) 1917-1971, 1942-10-22

an active interest in religion will
have equally little interest in
protecting that individuality OF
its citizens which is so vital an
attribute OF democracy. Without
religious idealism to give it cha
racter in all times Of stress. ma
ton will tend almost inevitably
to fall under the sway OF totali-
tarianism as the easiest method
of meeting emergencies.
"If there are those who arc
stupid enough or evil crcu9l to
believe that they can save their
properties o. their ski,s by CONF
promise or appeasement, they ig-
more or are blind to the history
of totalitarian aggression. We
must win this war totally or we
will lose our freedom totally. We
cannot we will not - COM
promise with these forces Of
evil"
SiebenbuÌˆrgisch-Amerikanisches Volksblatt. [volume] (Cleveland, Ohio) 1917-1971, 1942-10-22
THIS AND THAT

The lowly bean is served as a
delightful custard dessert ir
Mexico.
A l6-inch gun should not be
fired more than $50 times with.
out overhauling.
The East African short-head.
ed frog swells up like balloon
to frighten its enemies.
Under the streets of Butte
Mont, there are 1000 miles Of
mine tunnels, according to esti
mates.
South Africa has an area oi
H2,s5O square miles.
There is one general to every
l23 soldiers i'm the Mexican Ar.
my.
The population of the British
Empire, including India, totals
up to 47o,OOO,OOO.
SiebenbuÌˆrgisch-Amerikanisches Volksblatt. [volume] (Cleveland, Ohio) 1917-1971, 1942-10-22
NEW CASTLE. PA.
NEWS
By Shirley Herman

New Castle, Pa, Oct. 22-The
next meeting of the New Castle
Juniors will be on October u.
The meeting will start promptly
at 800 p. m. All members please
be present, for this will be the
last meeting before the Sauer-
kraut Supper on Nov. 1. The
price of our ticket is SOC. Supper
will be served from 80 to $50
p. m. 1t will be held at the Elm
tracht Hall. Come on girls make
your beaus bring you up to New
Castle for this affair. Let's all
get together and have a jolly old
time.
How often do any of you write
to the boys in the service? There
are lots of you who answer the
boys letters right away but what
about the rest of you? Oh, I
know, you just had to see that
movie, or you just had to GO to
that dance but I'll write tomor-
row night for sure. Tomorrow
night comes and something else
turns up, that happens week af-
ter week. Well, where would we
be if our boys decided that they
would like to see a movie or have
holiday when an important bat
tie was being waged? | don't
have to tell you the answer to
that, SO how about it kids, let
us all write to our friends in the
Army, Navy, Marines. Let's not,
let anyone be able to say that
there is one soldier in our coun-
try who is soldier without let
ter. Keep 'em going!
The New Castle Juniors were
terribly sorry to hear that ELL
wood cancelled their dance. We
hope that you will be able to hold
it soon.
SiebenbuÌˆrgisch-Amerikanisches Volksblatt. [volume] (Cleveland, Ohio) 1917-1971, 1942-10-22

and women in the armed forces the
right to vote without paying such a
tax, and it will likewise open the way
to thousands of both colored and white
people who have been unable to cast
their ballots because of poll tax laws.
Certainly, this is a step in the
direction of complete representative
democracy-one which should have
been taken long years ago.
THE sudden demand for legisla-
L ton to extend the draft to boys
of 18 and 19 years has been given
many interpretations 1t was gen
orally understood in midsummer
that the Military Affairs commit
tees of the House and Senate were
ready to consider this legislation,
but that the administration was not
in favor of it.
What changes have come to pass
have not been made clear, but the
suggestion made by the President
in his freside chat was followed
almost at once by a request for
SiebenbuÌˆrgisch-Amerikanisches Volksblatt. [volume] (Cleveland, Ohio) 1917-1971, 1942-10-22
ANSWERS
Questions to these answers win
be found on page S.

De found on page 81
|. John G.. Wynant.
?. You walk.
3. A rivulet.
+. Grover Cleveland
5. Connecticut.
8. Denmark.
7. The Aleutians.
3. Lord Halifax.
SiebenbuÌˆrgisch-Amerikanisches Volksblatt. [volume] (Cleveland, Ohio) 1917-1971, 1942-10-22

immediate action from the Con-
gress.
Reluctant as members of the
House were to include these lads
for military service, the statement
OF Army heads was SO strong that
nothing but favorable action could
be considered. Every effort was
made to insure this group of as long
training as possible before any
general use was to be made of them
outside the United States.
That is small comfort to their
mothers, perhaps, but the necessity
has been indicated by the Com
mander-in-Chief and reinforced by
statements from the Chief of Staff.
A CCORDING to Government
"a statistics, business mortality has
been on the increase, principally be-
cause the war pr Jgram eliminates
the emergency need for several lines
of civilian production.
Furniture manufacturers are
among the prominent casualties at
the present time. Indications are
that manpower demands ir war
production will close down much of
this line of business in the weeks
Immediately ahead.
Shortages of lumber and other
materials are some Of the contribut-
ing causes. Efforts to revive these
industries wherever they can be fit
ted into the war work will un-
doubtedly be made.
HE APPOINTMENT of Justice Joseph
L +. Byrnes, former senator from
South Carolina, as economic Gear has
been rather tavordbly accepted in
Washington. That IS tremendous
job 7chich 7oiH test his tact and diblo-
macy for he must deal not only acrfh
the public but sstth odrions admin
istrdtorS 7gho aciH noao b. mider his
jurisdiction.
SiebenbuÌˆrgisch-Amerikanisches Volksblatt. [volume] (Cleveland, Ohio) 1917-1971, 1942-10-22

Die folgende Resolution wurde
auf der konvention des S. S
Sangerbundes, am E. und 7. Sep
tember d. ]. in Youngstown, O..
abgehalten, gefasst und wir brin.
|gen sic zur Beachtung.
Whereas, our Country, the United
states of America, is at war with tn,
Axis powers. and
Whereas, our President and Leader
Franklin ID. Roosevelt, has asked al
citizens to use their Autos only for ab.
solute necessary purposes in order tc
save tires and fuel which are needed by
our armed forces in the battle for
freedom and democracy, and
Wheras, we are fully aware of the
existing emergency for tires and fuel
and financial assistance. to carry on the
battle until vitory is assured, we have
called this onvention-though con-
trary to the wishes of the leader-as
being the only means to inform our
delegates through them the members
of the individual Singing Societies,
scattered over the middle-east, - of
said urgend emergency and in order to
achief the desired result, and in as
much as the Saengerbund has no funds,
be 1T resolved that the individual
branches of the same purchase Defense
and War Bonds individually and also
induce their individual members to do
likewise, and to support our govern
ment in any and all other ways possible
until victory is ours.
Be it further resolved that the Offic-
ers of the Siebenbuerger Sachsen
Saengerbund be and they are hereby
to cancel Convention and
Saengerfest until conditions again per-
NIT same to be held
Be it further resolved to also assist
the American Red Cross in it's endeavor
to bring relief to all concerned and en-
titled to same.
ADOLF WIFINGER, President.
RUD. X. FRIESENHENGST, Secretary
SiebenbuÌˆrgisch-Amerikanisches Volksblatt. [volume] (Cleveland, Ohio) 1917-1971, 1942-10-22
CLEVELAND EAST
NEWS
By Ed. Schneider

Cleveland, O., Oct. 22-Hooray,
we are sending delegation to
Lorain this week to see what we
can do with some tough COM
petition. | hope Lorain will for
give us for sending our entry
list in so late but it could not be
helped.
Bargain Counter
Anyone who is interested in
buying three piece Maple set,
consisting of a davenport and
two chairs, should come down to
the club and look them over. Our
members will be around tonight
and will be glad to show you the
set. I'm sure you will get a bar
gain if you care to purchase this
set
Corp. Frank Gable was home
on leave last weekend and visit
ed our last club meeting. Frank
surely looks swell and everyone
was happy to see him. He return
ed to his Marine Base in Guam
tico, Va. Tuesday morning.
Well, here is hoping we can keep
'em out of the cutters next Sun
day and knock down a few pins.