davidaulloa/AmericanStories huggingface dataset:
Evening star., 1942-10-20
Discount Rates Cut
In Drive 10 Spur
War Financing
Chicago and Philadelphia
Reserve Banks Make
First Reductions
BY the Associated Press.

by LnS A66OClALSQ FreSS
NEW YORK, Oct. 20.-Some
financial quarters expressed the be-
lief yesterday a Nationwide move
was underway designed to encour-
age banks to participate more
heavily in financing the war effort
by lowering the cost of borrowing
at Federal Reserve banks.
Directors of the Federal Reserve
banks at Philadelphia and Chicago
cut the discount rate from l to "A
per cent on advances to member
banks secured by Government obli-
cations maturing in year or less.
In addition, the Philadelphia bank
lowered the discount rate on two
other classes of loans, one to non-
member borrowers and the other to
member borrowers under section
lob of the Federal Reserve Act
In each case the reduction was u
of per cent from the existing rates.
Dow, Jones & Co., business and
financial news agancy, said in dis
patch from Washington that all or
most of the II Federal Reserve
banks would follow the lead of the
Chicago and Philadelphia banks in
reducing the discount rates for
member banks in order to open all
credit resources for Government
war financing.
The general policy. the dispatch
said, was to encourage banks to use
their borrowing and discount powers
at the Federal Reserve banks in
order to maintain their credit posi-
ton. Governors of the system, it
was said, prefer that member banks
borrow 10 keep their position up to
requirements rather than make any
further reduction in Reserve re-
quirements as means of absorbing
increasing blocks of Treasury secu-
rites.
A lower discount rate enables
member banks to borrow on Gov
ernment securities and eligible COM
mercial paper more cheaply, thus
making borrowing more attractive
to member banks.
Governors of the system have
made two reductions in the Reserve
requirements of banks In New York
and Chicago within recent weeks
when their position became tempo
rarily strained due to operations OF
the Treasury in the money market
Evening star., 1942-10-20
Board Of Trade Asks
Safeguards for D. {.
Rent Act in Bill
Executive Committee
Seeks to ForestoII
Confusion Of Repeal

A resolution urging that Congress
include wording in the pending ma
tional rent stabilization measure
which would expressly continue in
effect the present District Rent Con-
troll Act was forwarded to officials
today by the Washington Board of
Trade.
The resolution was passed by the
boards Executive Committee yester-
day, after local officials had ex-
pressed the fear that the local rent
act would be repealed by the nation
al legislation.
Corporation Council Richmond B.
Keech expressed the informal opin-
ion last week that the language of
the new measure-which repeals any
previous legislation which conflicts
with the new regulations-would in
validate the local law.
The national rent sterilization bill
passed the House last week and is
due for Senate consideration now.
See Confusion in Repeal.
The Board of Trade pointed out
that the local rent act has been in
operation for about 10 months and
complete stabilization Of residential
rents has been accomplished"
The organization went on to say:
"A body of law and precedents has
been established and there is general
satisfaction with the law and its ad-
ministration.
THE act was adopted after careful
study and it establishes rules of law
and procedure with which both land
lord and tenant are familiar. Many
cases are pending before the rent ad-
ministrator and small number of
appeals are pending in court pur-
suant to the right of appeal pro-
vided in the act.
Repeal of the act would most
certainly result in confusion and
controversy with respect to the
disposition of these cases.
Harmful Effects Seen.
The Washington Board of Trade
considers that 1t would be most
harmful If the District of Columbia
Emergency Rent Act should be
repealed, even though it might be
intended to substitute substantially
the same regulatory conditions un-
der national control.
There would certainly be some
period of confusion and uncer-
tainty which can be avoided by ex-
pressly providing that the act be
continued in effect.
Therefore, be it resolved by the
Washington Board Of Trade that
in consideration of adoption of leg
islation for a national rent control
the Congress of the United States
be urged to include in any such
legislation a provision expressly
continuing in effect the District OF
Columbia Emergency Rent Act"
Evening star., 1942-10-20
Toft Urges Elimination
OF 18-Yeor-OIds From Draft

COLUMBUS, Ohio, Oct. 20 (P.-
Senator Taft. Republican, of Ohio
predicted today that an amendment
would be offered in the Senate to
the draft bill, eliminating 18-year-
olds. and said he would vote. for it.
Il am in favor of drafting the
19-year -olds. but ! don't know about
the 18-year- -olds," he said.
Senator Taft said he thought they
were rushing the bill too much" and
that it should not be passed until
the whole ~manpower problem is
solved"
With respect to the 19-year- -olds,
Senator Taft said he thought 1t was
Necessary to keep many such boys in
school to complete medical, en-
cheering. chemical and similar
technical courses.
Evening star., 1942-10-20
Wholesale Commodity
Index Drops Again

The weekly wholesale commodity
price index compiled by the National
Fertilizer Association declined for
the second consecutive week.
In the week ended October 10 this
index declined to 1897 from 1901 in
the preceding week It was 1892 a
month ago, and 115.5 "A year ago.
based on the 1935-1839 average as
100
Since the first of January. l94l,
there has been an 81 per cent in
crease in the index.
Evening star., 1942-10-20
Foreign Exchunoe

NEW YORK, Oct. 20 lP.-Late foreign
ssxGnanee rates follow (Great Britain in
dollars, others in cents):
Canada--Ohicial Canadian Control Board
rates Tor United States dollars: Buying, 10
per cent premium; selling / per cent pre-
MUM, equivalent to discounts on Canadian
dollars IN New York of buying, 991 per
cent; selling, 9Q9 per cent.
ket, 12A per cent discount, or S7.75 United
Europe-Great Britain, official Bank.
ers' Foreign Exchange Committee rates.
buying. 4;o2; selling, 4.04: open market;
eafissi Issiin4 lbs ACKNOWLEDGEMENTS. on..,
29.77;. free. 1878: up 1-5O cent; Brazil,
n 0mcisL 6.05n; free, unauoted: Mexico,
Rates in spot cables unless otherwise in
dicated. Nominal.
Evening star., 1942-10-20
Stock Seat Price
| At New High
[Of $4,000
BY the Associated Press.

NEW YORK, Oct. 20.-A New
York Stock Exchange seat was sold
today at a new 1912 high Of SIC, 900.
The transfer was at an increase
Of $1,000 over the previous trans
action and compared with q low
for the year Of $4,000.
The current bid for seats Is $685.
600 and the offer Is at $4,000.
Evening star., 1942-10-20
Sofewoy Stores
Climb Sharply
| Above 7947
81 ecial Dispatch to The Star.

SAN FRANCISCO, Oct. 20.-
Sales of Safeway Stores, Inc, for
the four weeks ended october 10,
1912, were $47,770,048. compared
with $40,821, ,183 for the four weeks
ended October II, 194l, an in
crease of 1871 per cent
For the 40 weeks ended October
10, 1912, sales amounted to s462,-
234,911, as against $367 .579 900 for
the 40 weeks ended October II,
1941. an increase of ISIS per cent.
Stores in operation as of October
10, were 2,623, compared with 3,016
on October II, 1941.
Evening star., 1942-10-20
New York Cotton
BY the Associated Press.

by tHe ASSOCldleu PTeSS.
NEW YORK, Oct. 2O.-Cotton
prices lacked a decisive trend today
Pending concrete developments on
price ceilings for farm products
traders kept to the sidelines. AL
ternate furries of trade price fixing
and hedge selling held prices few
points on either side of the previous
close.
Transferring of December con-
tract to the later positions accounted
for fair part of the days volume
Commission houses and trade inter-
ests were credited with transferring
long commitments forward, while
spot houses did the reverse.
Late afternoon values were Is
cents a bale higher to cents lower,
December, 1925; March, 1888, and
May. 18.49.
to 35 lower
Evening star., 1942-10-20
Iron Reserves Set Record.

CLEVELAND, Oct. 20 (P.-A
record peak of 4S,421, sos gross tons
of iron ore, enough to keep blast
furnaces in operation six months
at the current rate, was piled up at
furnaces and Lake Erie docks on
october l, the Lake Superior Iron
Ore Association reported today.
The October l stock compared
with 43,236,172 tons a month earlier
and 40,770,029 a year previously.
Consumption of ore in September
was 7,139, ,6o8 tons compared with
7,155,202 in August and 6,447,539 in
September a year ago.
Evening star., 1942-10-20
New Shares Offered

NEW YORK, Oct. 20 (P).-A bank
ing group, headed by White, Weld &
Co., had ready TODAY public offering
of a new issue of $4,000 shares of
per cent cumulative preferred
stock, $50 par value, of the Elastic
Stop Nut Corp. The stock was priced
at $50 a share.
Evening star., 1942-10-20

Chicago Cash Market.
Cash wheat. no sales. Corn, new, No. 3
yellow, 74A-76h: No. 4. 6Sla-711a: No 5
white, it,, 81; q old; d. No -yyellow' 5sA,,79: No.
1914: sample grade yellow, 73 Oats,
No 3 mixed, As; No. T. 40; sample grade
miSed, 40; Nc. white, 4S; No. ., Az
4712; No. 3. 4"h-45; No. 4, 40: sample
grade white. 3S. Barley, mailing, s4-
1.O4 nominal; feed. 5265 nominal Field
seed FER hundredweight,. timothy seed.
top, 7.0O-5O
Evening star., 1942-10-20
FuiIures Decrease

NEW YORK, Oct. 20 R.-Dun
4, Bradstreet, Inc, reported business
failures totaled 1872 in the holiday
shortened week ended October Is,
compared with 173 in the preceding
week. The total for the year was
lifted to 5000, against 9,770 In the
comparable period Of 1s4l.
Evening star., 1942-10-20
SedqIey Dividend Voted

PHILADELPHIA, Oct. 20 (Spe-
ciaD Directors of r. r. Sedgley,
Inc, firearms manufacturers, have
declared dividend Of 10 cents per
share on the common stock, payable
October 81, to stockholders OF record
October %.
Evening star., 1942-10-20
Frecipitation,

Record Ter Last a Hsafs.
tFrom noen yesterday to noon todayJ
Highsst, Il. at AIS Pm.
Lowest, ~, ct 7:16 Am.
Evening star., 1942-10-20
Cotton Mill ACTIVITY
Down in September,
Tops Year Ago
134.o Per Cent Rate
Compared With 1864
During August
BY the Associated Press.

by the Associated fEeSS.
The Census Bureau reported today
that the cotton spinning industry
operated during September at 1349
per cent of capacity, on a 2-shift.
80-hour week basis compared with
1854 per cent during August this
year and 1887 per cent during Sep
tember last year.
Spinning spindles in place Sep
tember 30 totaled % 1924, ,456, of which
22956 ,224 were active at some time
during the month, compared with
23,954,922 and 22,973,572 for August
this year and 24,271 1852 and 22,963,-
944 for September last year.
Active spindle hours for Septem-
ber totaled II, ,190, 1894, ,482, or an aver
age of 468 hours per spindle in place.
compared with 1O,981 ,479, 1923 and 458
for August this year and 10,406 ,906,-
l24 and 429 for September last year.
Evening star., 1942-10-20

The Axis Is watching you; keep
EN- signing while you keep buying
War savings stamps.
Evening star., 1942-10-20
Report for Last "A Hours.
Record Temperature. rhi. Year.

Record .TemDeratures This Year.
Hishest. 90, on July 10.
Lowest, q above, on January IL.
Humidity for Last "A Hours.
tFrom noon yesterday to noon today
Hishest. s5 per cent, at $40 am,
Lowest, 81 per cent, at ESQ pm.
Weather In ysrtous Cities.
Evening star., 1942-10-20
Weather Report

District OF Coumbia-Not quite cold tonight
VrginaNot quite tonight light showers south norton
Maryland-Not quite cold tonight lN''
Evening star., 1942-10-20
Commodity Prices

NEW YORK. Oct. 20.-The. Associated
commodities today advanced to 1OO.5O.
Previous day, 100 40: week sgo,, -1OO.06;
1912. i941. I940. I933-39.
Hish --1O1.1s ab.12 1925 1914
Low 1854 77.03 $3.50 41.44
Evening star., 1942-10-20

Spot cotton closed steady. 80 cents a
9sle 4hiEnsr Sales s,Id5. Low middlins,
1894: receipts, 1886; stock, 21s. 5S2
Bid. n Nominal
Evening star., 1942-10-20
Oil Production Rises.

TULSA, Okla, Oct. 20 (P.-Daily
crude oil production in the United
States increased 40625 barrels to
3,910,170 for the week ended October
H. the Oil and Gas Journal said
today.
Evening star., 1942-10-20
Tide Tables

Automobile lights must be turned on
one-haH hour after sunset.
River Report.
Potomac and Shenandoah Rivera muddy
this morning at Harpers Ferry. Potomac
muddy at Great Fails.
Evening star., 1942-10-20
Washington Exchange
AFTER CAL

SALES.
Riggs National Bank com.-6 at $50.
AFTER CALL.
National Mtge. g. Ins. pfd.-1oO at
42e, 430 at "A, 10 at "A.
Evening star., 1942-10-20

The Axis Is watching you; keep
'em signing while you keep buying
War savings stamps.
Evening star., 1942-10-20
COttonseed OiJ

Cottonseed Oil.
bleachable cottonseed oil futures closed
to 2 lower. No sales.
New Orleans Prices
NEW ORLEANS. Oct. 20 [P,-IrreguIar
fiuctuations accompanied trading in cotton
lutlTes mere today and the market closed
steady. Is cents bale lower to 80 cents
Evening star., 1942-10-20

Ex dividend T Plus extras. aPaid so
far this year. e go extra. SIS 90 extra.
< 2Oc extra. m S1.5O extra. pPaid in
1941. $1,000 extra
Evening star., 1942-10-20

Life insurance sales in Maryland
IN September amounted to $7452,-
600, off IS per cent from 1941. Sales
In the nine months totaled $80811,-
600, this being an increase of 2 per
cent over the same period a year
ago.
Virginia sales in September to-
tailed S7,009,000, down 26 per cent,
while sales in the nine months
reached ST. $4,000, off 10 per cent.
The national average was off rs per
cent in September and per cent
in the nine months
Evening star., 1942-10-20
Height Recaptured.

Russian marines, supported by
warships and planes of the Black
Sea fleet, were reported by the So
Wet radio to have recaptured a
height in the same area and wiped
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1942-10-22
Hackney

Rev. and Mrs. Glen Peoples were
Sunday dinner guests of Mr.. and
and Mrs. Geo. Porter.
Mr.. and Mrs. Wilbur McFerren
received word from their son, Dale,
last Friday. He stated he had
moved, but still located in Ireland,
and was o. k.
Mrs. Francis Stewart and sons
Eddie and Freddie returned recent
ly from Washington, D. c., after
visiting her aunt, Mrs. Jessie Rob-
erts and family. Mrs. Stewart spent
two weeks with her husband, who
has employment there.
Miss Betty Johnson of McCon-
nelsville spent the week end with
Mr.. and Mrs. w. C. Hosom.
Miss Myrtle Campbell of Cald-
We'll spent the week end with home
o'ks.
Mr.. and Mrs. Miner Morris re-
ceived word from their son, Rob-
ert, last Saturday. He stated he
was still at the same place, New
Caledonia, and was o. k.
Francis McFerren of Canton
spent the week end with home
folks.
Mr.. and Mrs. Leonard Mincks and
daughter Mary of Massillon were
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1942-10-22
FROM ROBERT TOMDAUGH

The following excerpts are from
letters written by Robert Tom
baugh to his parents, DR.. and Mrs
A. A. Tombaugh, who moved Satur-
day to Amherst, o. Robert enlisted
in the Marines several months ago,
and is at Paris Island, S. c.:
Il am getting along fine. The
last week has been a rough one.
They are going to put us through a
good training for month and then
send us to the west coast. / think
San Diego. We have been going off
sides of ships on cargo nets down
to small boats called Higgins boats.
These boats are the ones they use
fer raids to get ashore to the enc
my. This morning we went in rub
ber boats which IL men could get
in and 10 paddle. They sure do go
when we all get to padding them.
got rather wet and dirty, but still
like it. We padded across the bay
and had scrimmages on the island
in the woods; had lot of fun but
got tired. We have been going to
schools where we take up the diff
ferent gases, compass, finding of
ranges, hand grenades, bayonet,
first aid, personal hygiene, dis
arming enemy of weapons, trench
and tank traps, map reading. etc.
That is about all I can think OF
about what we have been doing. l
have been in good health and have
never gone to sick bay yet.
II you have any time, mother,
make a few cookies and send them.
How are you girls (his sisters)
getting along? You two should be
big shots now moving near a big
city. Don't get too many boy
friends now because I will tease
you all the time when get home.
I'll bet you haven't had good
teasing for a long time, have you?
I have been getting the papers.
1 got three of them this week.
think l am up to date on them now.
I didn't like the way the series
come out at all. The Yanks let me
down, but they still have the best
team.
From what I can gather so far
we will be here month or two
and then shove of for the west
coast to San Diego. We sure are
travelling around. have seen a
lot of country. ! enjoy my work
very much now. The last few days
have been good training days. We
had to run through the woods over
an obstacle course. 1T contained
fences to jump over, bitches, barb
wire, ropes to climb, sides of build
ings to climb. swings to swing over
valleys, tunnel to crawl through
and other things. 1t sure is lot
Of fun. / guess we have beech land
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1942-10-22
MEETING COFFEE SITUATION


In a letter here to his sister,
Mrs. Ella Cosgrave, and brother j.
c. Whipple, Everett Whipple, Of
Cleveland, tells very Interestingly
how he is meeting the coffee situa-
tion, which he states is much worse
there than sugar. He wrote twas
out of coffee yesterday and went up
to the store and all they had was
green, and, of course, unground. /
used to see mother roast it when I
was kid, but that was long time
ago. We sure are going back. I
roasted it in an electric corn pop
per. She didn't do it that way.
Then l didn't have any way to
grind it but with the meat grind
er. | got along all right, though,
with both jobs and the coffee was
good"
He also wrote of the big scrap
drive, stating that it is marvellous
how the people respond to things
like that, both in gathering up the
scrap and in giving their time.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1942-10-22
O. l.. A CONVENTION

The Ohio Library Association
holds it's annual convention in CO.
lumbus Oct. %, % and "a. Friday
evening, Marquis w. Childs, Wash
ington correspondent for the St.
Louis Post-Dispatch, will address
the convention visitors on the sub
ject "Washington Cavalcade."
At the final session Saturday aft
ernoon, Colonel M. Thomas Tchou,
will discuss "What Next After This
WARP" Mr.. Tchou, former private
secretary to Generalissimo Chang
Kai-shek and for three years direc-
tor of the labor department of the
Chinese government, is recognized
as one of China's leading social
thinkers.
Governor John w. Bricker will
address the Ohio library trustees at
their annual luncheon Friday noon.
Since Ohio libraries derive their
main source of support from the
intangibles tax one of the most i'm
portant meetings scheduled is the
one Friday morning when there will
be general discussion Of the fu-
ture of the intangibles tax. Doris
Widener of the Kate Love Simpson
library will attend the three-day
convention.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1942-10-22
DUNNINGToN GOLDEN WEDDING

Fifty years ago last Tuesday,
Oct. 13, Willard Huntington and
Della Mae Brown, were united in
marriage. Over the week end q
family reunion was held, and Sun
day noon a dinner served at the
Malta hotel, was attended by their
sons and daughters and members
of their families. The table was
lovely with bowls of yellow roses,
and the large wedding cake was
decorated with. yellow roses. The
hotel dining room and parlors were
decorated with fall flowers in honor
OF the party. Covers were laid for
the "bride and groom Mr.. and
Mrs. Huntington, Elwood Dunning-
ton of Cleveland, Mr.. and Mrs.
Paul Huntington, Gary, Ind; Jer-
rold Huntington of Los Angeles.
Calf; Ralph Huntington and son
Ralph Huntington, jr., of Canton;
DR.. and Mrs. w. r. Sears and
daughters, Miss Marthalyn and Miss
Phoebe Sears, of Malta.
Following the dinner the party
returned to the Huntington home,
where many pictures were taken.
They spent the rest of the after
noon at the home of the daughter.
Mrs. Marie Sears, who served din
ner Sunday evening. The children
presented their parents 81 for
each year of their marriage. The
couple were married in McConnels-
vile and with the exception of
few years resided here all their
lives. Their four sons and daugh-
ter were all born and reared in Nc
Connelsville. Mr.. and Mrs. Dun
received many cards and
gifts in honor of the event.
Ralph Huntington and son left
for their home in Canton Sunday,
and the other sons left Monday
morning for their respective homes.
Bruce Huntington Of Canton spent
the week end of Oct. 10 with his
grandparents here.
Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1942-10-22
|Credmed e.
Comments mI
=. On S.&c %Ez
Lesson ~ 49, I ee..' Ess1|| =. |

Steps Toward Solution of the AL
cohol Problem, Ecclesiastes 10:17;
Amos 5:21-24; Romans 14:19-21;
2 Corinthians SIT; Peter 4:1-5,
for Sunday, Oct. 25.
In order that proper steps on the
liquor questions shall be taken, it
is necessary to present important
and pertinent facts as to the evil ef-
fects Of alcohol and then to impart
to the public the necessary motive
power for clean and sober living.
V. IT. ''Blessed art thou, 0 land,
when thy king is the son Of mobiles,
and thy princes eat in due season. =
A land is happy when its leaders
are morally strong; this implies
eating for strength and not for
drunkenness.
VS.. 21, %. II hate, I despise
your feast days, and l will not smell
in your solemn assemblies. Though
We offer me burnt offerings and
your meat offerings, / will not ac-
cept them; neither will regard
the peace offerings of your fat
beasts" Here is call to live lives
wholly clean within in thought and
motive; not to do so opens the way
for evil habits which no number of
offerings will make right.
V. %. "Take thou away from
me the noise of thy songs; for /
will not hear the melody of thy
yiols." The praise of the indulg-
ent degenerates is hollow mockery.
The worst music heard today is that
pealing out of bar rooms.
V. "a. "But let judgment run
down as waters and Righteousness
as mighty stream" What God
wants is justice and Righteousness
Justice in a fair and square rela-
tionship with our fellow man, and
righteousness in heart and life be-
fore God and man. To permit the
evil of hard drinking is neither
Just nor right.
v. Is. "Let us therefore follow
after the things which make for
peace, and things whereof one may
edify another It is more import
ant to promote peace and harmony
thar to crafty our desires even
though they may be perfectly legit-
innate.
v. 20. "Overthrow not for meats
sake the work of God; all things
indeed are clean; howbeit it is evil
for that man who eateth with Of
fence" The work Of God in weak
Christian may be destroyed by the
liberty which another may take.
Avoid any indulgence that might
work harm to another.
v. 21. "It is good neither to eat
flesh nor to drink wine nor any
thing whereby thy brother stum-
bleth, or is offended or is made
weak" Here is a caution against