davidaulloa/AmericanStories huggingface dataset:
Evening star., 1942-08-18
New York Cotton
By the Associated Press.


NEW YORK, Aug. 1s-The trend
Oh cotton prices was up today with
gains OF as much as rs cents a bale
More complaints of insect damage
IN southwest sections of the belt
and concern over the availability Of
labor to pick the large crop not in
prospect, accelerated the demand
from trade and mill interests.
Failure of hedge selling to apnear
IN any important volume and the
more cheerful war news from the
RUSSIAN front also had a psycholoei-
cal effect. Profit taking pared the
margin OF gain but stif1ening resist
ance was apparent on the setbacks
Late forenoon values were 30 to so
cents a bale higher, October, 1906
december. 1928 and March, 1874.
b,sharres futures closed 35 to 55 cents a b.Is
Evening star., 1942-08-18
Chicago Livestock

CHICAGO, Aug. 1s up Omitted States
Department Of Agriculture. .-Salable hogs
13,O0o total, 16,5o0; slow. 10-15 lower
on all weights and sows; good to choice
1S0-240 pounds, 14.S0-15.1O: top, 1915;
pounds, 1890; good and choice soWs
$40 pounds down. 14.15-35: 33O-4OO
pounds, 13;00-14.25; good 4O0-o5O pounds,
salabie sheep, 1000; total, 1900; late
Monday. all classes closed strong; few
closely sorted native spring lambs, 1926
1895; bulk good and choice springers,
14.o0-15-00; good fed yearlings. 100;
fat ewes, $50 down. today's trade-spring
lambs opening slow: most early bids around
steady at 15.00-25. asking unevenly high
er upward to 1925 and above for good to
choice lots; fat sheep fully steady: around
80 pounds good to choice yearlngs 1910;
ewes. $40.
salable cattle, $500; total. $500: SAL
able calves, LOCO; total. 1000; fed steers
and yearlings uneven; choice kinds strong
TO shade higher; medium to good grades
slow, steady: general trade closed fairly
active, largely 1915 to 1900 steer and
yearling market, with top 1850 paid
for 1903 and 1,329-pound choice but
not prime cattle: heifers strong to l5
higher, with 1866 paid for strictly choice
903-pound averages; several loads. 1925
so; active; strong market on cows, bulls
and vealers; weighty cutter cows to 9.25;
most fat offerings, $50 to II 90; weighty
sausage bulls to 1900: vealers 1850
1880; stock cattle scarce, active at IL. so
1880, with choice calves to IA so.
Evening star., 1942-08-18
Traffic Records Set
By United Air Lines
In June Quarter
Big Volume Handled
Despite Is Per Cent
Cut in Mileage
Py the Associated Press.

NEW YORK. Aug. 18.-Record
volume of passenger, mail and ex-
press traffic in the second quarter
of this year was reported today by
United Air Lines.
w. A. Patterson, president, said
that while united sales of planes to
the Government had resulted in a
Is per cent cut in scheduled mileage,
changes in service and greater utili-
zation of equipment held the actual
decline in Seat-miles to a smaller
figure.
The airlines reported net income
of $739,297 for the three months
ended June 30, equal to 4o3 cents a
capital share, compared with S451,-
956 or 30.1 cents a share in the
second quarter of 1941.
The company did not include book
profit from sale of planes in net
income but carried it in a special
account. Cash received was de-
posted in an equipment replace
ment fund.
Pattersonis report said United
had been operating extensive cargo
transportation service for the Army
Air Forces since April. Shipments,
measured in pound miles, were UP
1852 per cent compared with the
1941 second quarter and mail pound
miles rose 627 per cent.
Allied Mills.
Allied Mills, Inc, and subsidiaries
reported for the fiscal year ended
June 30 net income of sl.6O2, ,62e
after Charges and taxes of s3,1O7,6l8
equal to 50 share on the capital
stock. This compared with $780,
153, or Sl.97 share, in the preceding
fiscal year.
National Oil Products.
National Oil Products Corp. re-
ported for the first half of 1912 net
income of s290,129, or s1.34 a COM
mon share, against s34S,250, or SITS
share, in the like six months of
1941.
Pennsylvania Railroad.
Pennsylvania Railroad Co. re-
ported today for six months ended
June 30 net profit of S25,437815
equal to s1.93 share on the capital
stock. This compared with 20,320,-
O45, or s154 a share, in the first
half of 1941.
Evening star., 1942-08-18
| ABA WMHoId
Convention
| In Print
Ps the Associated Press.

Py the Associated Press.
NEW YORK, Aug. l8-The Amer
icnn Bankers Association will re-
verse the usual procedure this year
and 60 to its members for the an
nual convention instead OF the
members coming to the convention.
The association announced re-
Gently that the regular annual
meeting had been canceied. Now
it has been decided to hold con-
vention in print"
The convention" will be held in
the September issue Of the assocla-
tion's official publication, Banking.
The usual annual address of the
president of the association, mes
sage from President Roosevelt and
one from Secretary Morgenthau,
panel discussions on various sub
jects and other phases Of the usual
meeting will be presented.
Evening star., 1942-08-18
London Market Firm
In Final Dealings
Py TT Associated Press.

Py ttc Associated Press.
LONDON, Aug. 18.-The stock
market, bolstered by the Churchill
Stain talks and favorable war news
from the Solomon Islands, closed
on firm note today despite profit
taking.
In the industrials tobacco and
home rails were flrmer. oils higher
and Kafflrs were supported. Dia-
monds finished at t,lc days highest
levels.
British funds were firm while
Brazilians were easier among the
foreign bonds.
Evening star., 1942-08-18
Shortages Cause Drop
In August Machine
Tool Production
Special Dispatch to The Star.

SPECIAL Dispatch TO Inc star.
NEW YORK, Aug. l8.-Shortage
of materials, principally steel, Is
responsible for a considerable de-
cline in machine tool production
this month, reports Burnham Fin
ney, editor of American Machinist
1t is not possible to forecast ac-
curately how much the drop will be
but it may amount to as much as
Is per cent, he states.
Mr.. Finney points out that this
is the first sizeable decrease in out
put since machine tool operations
began to soar at the start of the
war in Europe. 1t IS expected to
be temporary. Washington officials
now are at work to relieve the Short
age, which extends to bearings, mo-
tors and other parts a swell as to
steel.
Ordinarily machine tool builders
are not large buyers Of steel. Many
of them depend upon steel ware
houses for their stock. War has
not changed that practice. 1t sc
happens that a number of ware
houses are pretty well cleaned out
at the moment, but should be re-
plenished before the end of August
or by early September.
The crisis in materials has come
about by a loss in priority standing
by machine tool builders. Only
about half the orders now on Their
books carry rating of AA1, AA2
AA3 of AA4. All the rest are ir
the category of Ala or lower
Today it is extremely difficult fol
a manufacturer with an Ala rat.
Ing to get materials because hi
claim is superseded by all the com
panies with AA ratings.
Evening star., 1942-08-18
SoIomons
were destroyed and transport set
afire at Port Moresby.
Continued From First Page)

were destroyed and transport set
afire at Port Moresby.
Japs Inch Ahead at Kokoda.
In the only land action besides
that in the Solomons, the japanese
inched ahead in the Kokoda area OF
New Guinea, 60 miles east of Port
Moresby, but an official spokesman
in Australia said the advance was
not significant.
A summary for the Darwin area
issued at Australian headquarters
bv the Allied air command said to-
dav that since the japanese first at
tackled Darwin on February 10 they
had sent against that target total
of 3O8 heavy bombers. 54 dive
pombers and 159 fighters.
The Allies, it said, shot down 20
bombers and 33 fighters and prob
| ably Shot down IL other bombers and
Is fighters.
1t was estimated that the japanese
dropped a total of 100000 pounds OF
bombs, causing few service casual
! ties and damaging most OF the
| houses and shacks left unoccupled
when civilians moved out.
Allied bombers in the Darwin area
raided enemy-occupied territory So
times since the first japanese attack
on Darwin. Losses were given as six
bombers and II fighters.
Damage Totals Kept Secret.
The Navy communique on the
Solomons battle mentioned damage
to both sides, but it kept the enemy
guessing, OF course, both as to
what the United States lost and
what the United States knows OF
Japan's cost in trying to defend the
Solomons' shores.
It's only figure was at least 36
japanese planes destroyed, 18 OF
them seaplanes demolished before
they could get into action and fully
as many more land planes knocked
out in the vain attempt to stem the
marines rush ashore from trans
ports.
The Navy previously had an
nounced that one United States
cruiser was sunk and that two cruis-
ers, two destroyers and one trans
port were damaged. The new in
formation, that the close-quarter sea
battle lasted but one night and
ended in the enemy fleets failure to
reach its quarry, however, evidently
exposed as false the Toxic claims of
some 40 United Nations ships sunk
or damaged.
The Berlin radio broadcast a
Toxic dispatch last night saying II
American planes had been shot
down Sunday in aerial combat ovel
the Solomon Islands, and that tive
japanese machines were lost. Thi!
was unconflrmed by American
sources, however.
Great Fleet Harries Japs.
While the Navy communique indi-
Gated that the marines job now was
to track down whatever enemy forces
remain in the islands, a New Zealand
Press Association correspondent re.
ported fleet "of great strength
!. marrying the japanese surface forces
in the surrounding seas.
United States Vice Admiral Robert
. L. Ghormley, he said, probably ha,
, split his fleet into a striking force
, to stand guard over the troops ashore
I and reserve force famed out tt
prevent interference.
Much of the reserve strength al.
ready has been in action, this cor.
Y respondent reported, and 80 fal
Evening star., 1942-08-18
New England Phone
Reduces Dividend
To S1.25a Share
e, the Associated Press.

BOSTON, Aug. 18.-The New Eng
land Telephone & Telegraph Co.
today voted a dividend of $125 a
share on the capital stock, marking
the second dividend reduction this
year from the long established SITS
quarterly rate.
In the previous quarter the COM
pany paid $3.50 share. The divi-
dend declared today is payable Sep
tember 30 to holders of record Sep
tember 10. The company is sub
sidiary of the American Telephone
& Telegraph Co. and about 10 per
cent Of its stock is held by the
parent company.
John j. Robinson, president of
the New England company, said
concerning the dividend reduction
"Today's action by directors was
based on the certainty that much
higher taxes will be imposed in or
der to finance the Nations war eff
fort. This would cut deeply into
earnings despite an all-time record
volume of traffic being carried over
its lines
Evening star., 1942-08-18
Chicago Grain
By the Associated Press.


CHICAGO, Aug. 1s.-All corn fu-
lures dropped to new lows for the
season today, unsettling other sec
tlons OF the grain market, as prices
cracked under persistent liquidation
IN the September maize contract.
Offerings of corn were attributed
to fine prospects for the crop and
some fears that the Governments
sale OF wheat for livestock purposes
might have tendency to reduce
consumption of corn on farms. The
Government has 125 100000 bushels
OF wheat to sell for livestock feeding
Although comparatively firm early
wheat later declined in sympathy
with corn. Some hedging pressure
from the Northwest was noted and
traders said there was no mill buy-
ing OF significance.
Wheat closed 5SA lower: sentem-
Der, s1.17as; December, s1.20-sl 197.
and corn was off 5s-- cent: Septem.
Der, 82A. Oats finished down AZ.
rye, b-3s, and soy beans, un.
changed.
Evening star., 1942-08-18

intercepted and engaged by our
cruisers and destroyers. The heavy
fighting which followed resulted in
the enemy being forced to retreat
before reaching the vessels engaged
in the landing operations. The close
range fighting during this night en-
gagement resulted in damage both
to the enemy and to our forces. This
night action is the only engagement
between surface forces which has
been fought to date in the Solomon
Islands.
Is. 1t is impossible in night en-
gagements to determine accurately
the damage inflicted on the opposing
force. No further statement is made
at this time of the extent OF damage
to our forces because of the obvious
value of such information to the
enemy"
Evening star., 1942-08-18
Two Exchange Ships
Delayed in Brazil
After Five Sinkings
Feeling Is Running High;
Two Of U-Boot Victims
Were Carrying Troops
Continued From First Page)

rived at coastal points, it was an
nounced, but the loss of life is gen.
orally expected to be high. The five
ships carried a total of 365 crew
members and one was reported to
be carrying so passengers.
Three others carried an unknown
number of passengers. The ships
lost were the Abolition Baependy,
which was carrying Brazilian troop
units; 1.905-ton Annibal Benevelo,
the 4,872-ton Araraquara, the 1915
ton Arara and the 2,169-ton Itagiba.
Large crowds gathered at the Of
fees of the Lloyd Brasiliero Navi-
cation Lines to learn the fate Of
relatives on the ships.
Gn Montevideo, President Al
fredo Baldomir of Uruguay sent
message of sympathy to President
Getulio Vargas of Brazil in which
he condemned the spirit of evil
ferocity against South America"
from a nation which seems de-
voted to being consecrated as the
enemy of mankind'D
Ship Carrying Troops.
An official Brazilian announce
ment said the Baependy was carry
ing an army unit with reduced
number of forces" but added that
"rumors dispersed about high mill
tary losses have not the slightest
foundation"
(The announcement apparently
referred to the first word on the
sinking, quoting the Brazilian
Embassy at Montevideo as an
nouncing the loss of the Bae-
pendy with 700 or 800 troops)
"Our country within its tradition
does not finch before such brutality
and the government is examining
methods to take in the face of these
events the Brazilian Department
of Press and Propaganda said in a
statement.
THE population should remain
calm and confident in the assurance
that crimes practiced against the
1lFCS dlld 6Oo0o VI ASl obllAoAiS WAL
not go unpunished.
That attacks occurred between
Bahia and the state of Sergipe a few
miles off the coast below the eastern
buldge of Brazil.
The sinkings brought to Is the
number of Brazilian ships sunk by
Axis marauders. The attack began
after Brazil broke relations with the
Axis January %, 1912 The govern
ment already has taken stern re-
prisal measures and ordered partial
conflscation of Axis property in
Brazil.
The Gazeta de Noticias asserted
that "the latest sinkings of our YES
sells, by the way they happened and
the geographical location in which
they occurred, clearly show the in
tentions of the totalitarian powers
towards u.s.
The Correio da Mania said "the
Axis at last makes war against u.s.
and added that the only reason for
such Axis successes against Bra
zlllan ships was that, since Brazil
was not at war, the vessels were not
conveyed or properly armed.
The Dlario Carioca commented
Brazil, called to realize German
aggression, understands the duties
and compromises she is taking upon
herself"
Evening star., 1942-08-18
New York Produce

NEW YORK, Aug. 1s R,-Eggs, 1s,7OO:
hrm. Mixed colors. fancy to extra fancy,
current receipts. 34-34H; mediums, 34la:
dirties, No. l. 33h; AVERAGE checks, 32h.
Whites-Fancy to extra fancy, Al "
46H2. specials. 4012 standards, BIN -3S;
fancy heavy mediums, 40h-43; me-
wns-Fancy to extra fancy. 40Ha-47:
specials, 39a4-40: standards, An; me-
diums, 38A-h.
Duck eggs 37-39.
Butter S53,5sO; easier: creamery, high
er than 92 score and premium marks,
4lI2-42A: 92 score tcash MARKET. Al.
4IA; SS-91 score, 39h2-41; S5-S7 score,
Cheese. 4s7,4OO: firm; prices UNCHANGED.
Evening star., 1942-08-18

there is no indication that Allied
losses exceed expectations or have
seriously reduced the strength of the
offensive"
Big sea battles still brewing in
bitterly contested waters of the
Solomons may prove the turning
point in the fight for the barrier
bases north of Australia, a special
correspondent of the Melbourne
Herald reported from South
Pacific port.
Curtin Hints at Leak on Plans.
Australian Prime Minister John
Curtin, replying to criticism of CEN
sorship, declared in a speech at
Sydney today, L am more than
ever convinced that the japanese
had some knowledge of the Solo,
mons attack.
There were men yelling for Of
fensives when they knew they were
being undertaken"
Mr.. Curtins further remarks in
dicated that the censorship was an
internal political issue between his
Labor party and the opposition.
| Admiral Ernest J. King, COM
mander in chief of the United
States Navy, in an announcement
August 10 on the Solomon Islands
landings said, AN initial surprise
was effected" The Navy communi-
que yesterday reiterated: The at
tacks were q complete surprise to
the enemy"
Australian circles said it was be-
lieved Mr.. Curtin was considering
calling an election if Parliament
should adopt what he deemed
harassing tactics, and that this was
to be seen in his challenge to the
opposition to try to defeat the gov
ernment On the censorship issue.
Newspapers in Australia are
afraid when the war is over the
Labor party will still be in control
and the capitalist wolf will be un-
able to feed on the lambs in fac
tories and workshops as in the past
so years." Mr.. Curtin asserted.
Text of CommunIque.
Following is the text of the Navy
communique:
South Pacific Area:
81. 1t is now possible to issue some
details of the attacks and landing
operations which have been in prog.
ress in the Solomon Islands since
the early morning of August 7 Coca
time).
80. The attacks were a complete
surprise to the enemy and 18 o1
their seaplanes were destroyd before
thy could get into action.
'3. Transport borne, amphibiar
forces of the United States Marine
Corps made several landings or
islands in the Guadalcanal-Tul
area. Enemy resistance was over.
come and a number of japanese
prisoners were taken. The shore po
sitions taken by United State
forces have since been developed
and are now we'll established.
a. During these landing opera.
tions, cruisers and destroyers were
so disposed as to protect our trans.
ports and cargo ships as they un.
loaded troops and equipment. While
thus engaged on August 7 ano
August 8, our forces were attacked
by enemy land-based aircraft
These attacks were driven off ane
at least 18 more enemy planes de.
stroyed while only minor damage
was suffered by our forces.
IS. During the night of August g.
an enemy force OF cruisers and de.
stroyers attempted to attack oul
transports, cargo ships and support
ing forces. This enemy force wa
Evening star., 1942-08-18
Class l Railroads.

Elghty-nine Glass l railroads had
estimated operating revenues of
s53l 785,940 during July, an increase
OF 35.5 per cent over the 1892 1888 ,623
received in the same month last
year, the Association of American
Railroads reported today.
The AAR said that the report rep
resented 80.8 per cent of the total
operating revenues of Glass lines.
July freight revenues for the SO
companies amounted to s426, ,421, sol
an increase Of $10O,117,253 over
July, l941, while passenger revenues
totaled s73,655,817. an increase OF
o8.9 per cent over the s3S, ,eee ,999 re-
ported last year.
Evening star., 1942-08-18
Foreign Exchange

NEW YORK, Aug. Is L49-Late foreign
exchange rates follow tGreat Britain in
dollars, others in cents):
Canada-Official Canadian Control Board
rates for United States dollars: Buying. 1O
per cent premium; selling, per cent pre-
MUM; equivalent to discounts on Canadian
dollars in New York of buying, 9.91 per
cent; selling, 8. 90 per cent.
Canadian dollar in New York open mar.
United Uni States sl cents. up % !. cent. u 0'f'7'
Europe Great Britain, official Bankers
Foreign Exchange Committee rates), buy.
bles. 4 04.
Latin Neutrality-suspicious., oficial, 90. II;
free. SO; Brazil, ofhcial. 6.05n; free
5.20n; Mexico. 2066n.
Rates in spot cables unless otherwise in.
dicated. n Nominal.
Evening star., 1942-08-18

NEENAH, Wis, Aug. 18 (H9.-John
S. Sensenbrenner today announced
his resignation as vice president,
sales manager and member of the
Executive Committee Of the Kimber-
ly-Clark Corporation. He had been
active in the business for 80 years.
He will maintain his membership
on the board of directors.
Evening star., 1942-08-18
Chicago Produce

CHICAGO, Aug. 1s P1-Poultry, live
a3bG1 a3 5fucss steady dgI9s to firm; hens over
horn hens, 20: broilers, 2la pounds and
down. colored, 23; Plymouth Rock. 25h:
Plymouth Rock, 24Ka; White Rock, 25la:
under pounds, colored. %; Plymouth
Rock, "a; White Rock, 2512; bareback
chickens. 1920; rooSters. Is; Leghorn
rooSters. IA "a; ducks AZ pounds up, col
ored. IA; white. IA; small colored 12h:
white, l21a; geese, 13; turkeys. toms, 20;
hens. "a.
Butter, receipts, 1,19s,sS7: steady;
prices as quoted by the Chicago price cur
rent creamery, 81 score, 4lH: 80, 40A:
so, 1924: sS, 80. 90, centralized carlots,
Al: other prices UNCHANGED.
EGGS, receipts, 91S7; unsettled; fresh
graded, extra f1rsts, cars. 3534-36H; other
prices unchanged.
Evening star., 1942-08-18
Daily Oil Production
Lower During Week
By the Associated Press.

TULSA, Okla, Aug. 18.-Daily
crude oil production in the United
States decreased 1920 barrels to
3,923,865 for the week ended August
Is, the Oil and Gas Journal said
today.
Texas production was down 1o0,-
$50 to 1,383,750; East Texas, $1,000
to 300; Illinois Is, ,465 to 253.965:
Oklahoma, 12,2O5 to 376,750, and
Eastern fields 1896 to 90, 500.
Kansas attained an all-time pro-
duction high by increasing "a, 500 to
290,750 California increased $4,000
to 735, ,750 and New Mexico $3.50 to
98,13O.
Evening star., 1942-08-18
Kroger Volume
Sharply Ahead
|Of Year Ago
By the Associated Press.

CINCINNATI, Aug IS. - The
Kroger Grocery & Baking Co., re-
ported today Is per cent increase
in sales for the eighth four-week
period Of 1912 over the comparable
period in 1941, or s23 ,656.681 against
$22 2,866,871. Cumulative sales were
s225, ,474 ,463, or Is per cent above
the sl73,284,197 reported year ago
Evening star., 1942-08-18

Chicago Cash Market.
wheat. No. ! heavy. 11SA No. 2
No Nleh4 ylon1 No; l No, Northern spring, lis Corn
& s4A: No. 4, s312; No 5, s2Ia. Oats
no. ! mixed heavy. so; No 3 mixed as:
NO; l white, 80; No. 9. 49-4934: No. 3,
heavy, 474: No. l special red, 49Ha Bar.
ley, mailing, so-9S,nominal: hard, 70-7e
Ieed and screenings, 5s-65, nominal; No. 3
yellow, LIZA. Field seed, per hundred
weight; nominal; timothy, 6O-S5; aIsike
1900 10. so; red top, 7OO-5O,
Evening star., 1942-08-18
Odd-Lot DEALINGS

PHILADELPHIA, Aug Is LF.-The Sc.
curities Commission reported today these
dealers or specialists on the New York
Stock Exchange for August II: l,466 pur-
chases involving 80, 1856 shares; ,524 sales
involving 3S,S62 shares. including 8 short
sales involving $50 shares
Evening star., 1942-08-18
Kennecott Copper.

NEW YORK, Aug 18 (P).-Ken-
necott Copper Corp. directors today
ordered a special dividend of so
cents in addition to a dividend of
Is cents on the common stock, both
payable September 80 to holders of
record August %.
Similar payments we're made Sep
tember 30, l94l, while special of
Is cents and a dividend of Is cents
was paid last June 30.
Evening star., 1942-08-18

prime summer yellow and price crue un.
quoted September, 1853; October,
12.90b; December and January, 12S0b.
Spot cotton closed steady points higher.
Sales, 1l96; low middling 15.49: mid
ding, 1S.4a; good middling. 1S. 81; receipts,
1,241: stock. 223,931.
Bid, Nominal.
Evening star., 1942-08-18

The tide Of war is about to turn.
Push it along with War savings
stamps.
Evening star., 1942-08-18
Dividends Announced

NEW YORK, Aug. s LP1.-Divdends de-
clared:
Pc Stk of Pay
Rate riod record. able
Petroleum Explor Inc 1oc = 9-l 9-5
Interim.
Wiser Oil l5c oil 1o-1
Du Pont de Nemours- 81 - S-24 Ola
Reduced.
Kelsey Hayes Will A37iac 9-1S 1O-1
Edison Bros Stores 20c @ S-32 OLA
New Eng Tel d. Tel S1.25 - 80 $50
Irregular.
Harbauer Co 25c a. Oils
Northern Nat Gas----50c - S-29 9-25
Evening star., 1942-08-18
Washington Exchange

SALES-AFTER CALL.
Riggs Bank common-5 at 245.